The Business Times, 9 May 1991

Microfilm: NL17494
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, May 9, 1991 75*
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  • NEWS SUMMARY
    • Article
      Iraqi gunners fire twice at US Navy plane
      49 1 IRAQI gunners fired twice at a US Navy plane scouting the Western security zone in northern Iraq, an allied military spokesman said yesterday. It was the first attack on an allied aircraft since Western troops entered northern Iraq on April 21.
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    • Article
      Major in talks with European leaders
      67 1 BRITISH Prime Minister John Major has held a series of talks with the leaders of Spain, Germany and France on European economic unity, UK officials said yesterday. They suggested Mr Major was winning general agreement from Spain and Germany that a summit of European
      67 words
    • Article
      Closer to market
      38 1 LOCAL electronics firm Leo Sakata, hoping to be closer to its main customers in America, is planning to set up a joint venture in Canada and to have another venture in Virginia, US Page 2
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    • Article
      Aiwa sets up base
      23 1 JAPANESE audio manufacturer Aiwa wants to make Singapore the world centre for its research and development operations Page 2
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    • Article
      Johor gas pipeline
      28 1 THE gas pipeline across the Straits of Johor connecting Singapore to Malaysia's Peninsular Gas Utilisation network is expected to be completed in January Page 9
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    • Article
      Japan breakthrough
      27 1 A GROWING number of British companies are quietly reaping the benefits of success in what is arguably the world's most competitive market Japan Page II
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    • Article
      Untapped market
      38 1 AFRICA does not come to mind readily to the Singapore businessman. But for the Singapore businessman who is willing to take some calculated risks, the returns in the long run promise to be substantial. Page 13
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    • Article
      FELS clinches deal
      28 1 FAR EAST Levingston Shipbuilding has finally clinched a USS2SO million floating production platform contract from Brazil's state-owned oil company Petroleo Brasileiro. Shipping Times, Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      42 1 THE New York stock market opened lower yesterday. The Dow Jones average of 30 industrials dropped 8.05 in the first half hour but the loss had shrunk to 1.35 point at 2,916.14 by 1430 GMT one hour into the session.
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    • Article
      Footsie lower
      32 1 LONDON SHARES were narrowly mixed at midday yesterday as traders marked time in lacklustre dealings. At 1115 GMT, the Financial Times-Stock Exchange 100share index was down 2.7 points at 2,537.8.
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    • Article
      UE's new building
      19 1 UNITED ENGINEERS Ltd has won government approval to redevelop its huge River Valley building Page 3
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    • Article
      New rule for brokers
      26 1 FOREIGN securities firms which have taken up equity stakes in Malaysian stockbroking houses might have to close their local offices Page 3
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    • Article
      Indon listing
      33 1 TWO European-owned plantation companies based in North Sumatra PT London Sumatra and PT Tolan Tiga Indonesia plan to seek a public listing on the Jakarta Stock Exchange next year Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 730.92 -2.33 Kuala Lumpur ....581.94 -0.54 Tokyo 26,309.79 -32.35 Hongkong 3,747.80 +6.29 Sydney 1,547.4 +9.6 Tuesday Change New York 2,917.49 -24:15 London 2,540.5 +17.8
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    • Article
      CURRENCIES
      22 1 Exchange rates USS ss 1.7655 100 Yen SS 1.2798 MS SS 0.6404 Money market rates Overnight 4 -1/4 3-month 5 -1/8
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    • Article
      COMMODITIES
      34 1 London GoW AM fix US$356.40 US$0.15 Rubber S'poreJune.. 145.50*/kg -0.75 M'siaJune... 225.50*/kg -0.50 KL Tin Turnover 80 tonnes +26 Spot M$15.53/kg +44 Crude palm oil Turnover 1,531 lots +664 May M$789 /tonne +4
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  • Article, Illustration
    Avimo considering move into Thailand and Batam
    617 1  -  It also plans to form a new service company By Harish Mehta LISTED defence-related manufacturer Avimo Singapore Ltd, the world's Number One supplier of precision optics, is planning regional expansion with a joint venture in Thailand and a possible thrust into Batam. Avimo
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  • Article, Illustration
    Glaxo breaks new ground with gift of shares to Singapore staff
    401 1  -  By Genevieve Cua PHARMACEUTICALS giant Glaxo has given all its 340 Singapore employees shares in the London-listed parent company Glaxo Holdings pic, a move that is unprecedented in the company's worldwide operations. The move is believed to be unique
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  • Article
    Vice-chairman of HK bourse quits over controversy
    346 1  -  From Catherine Ong in HONGKONG THE VICE-CHAIRMAN of the Hongkong stock exchange has resigned in the wake of a controversial attempt to revive an old practice which led to the downfall of former chairman Ronald Li. Dr Philip Wong Yuhong's resignation was expected
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  • Article
    BIL stake may lead to S'pore-Britain airline-hotel tie-up
    374 1  -  From Eric Ellis in LONDON BRIERLEY Investments Ltd, the New Zealand-based conglomerate in which the Singapore government has taken a 4.7 per cent stake, has left the way open for an airline-hotel alliance between Singapore Airlines and Britain's second largest hotel chain.
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  • Article
    Lock icon Thai PM woos foreign firms with reforms plan
    231 1 AFP THAI Prime Minister Anand Panyarachun, in a move to turn Thailand into a regional centre for international companies, said yesterday his government would help rather than hinder private businesses. In a speech to 900 representatives from 15 foreign chambers of commerce
    AFP  -  231 words
  • Page 1 Advertisements
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      258 1 Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone 235 1333 Kuala Lumper: Ptione 75/ 0233 Penang: Phone 615 985/619 014 Jakarta: Phone 374 065/380 1472 Aircraft Schedule 29 Money Market 27 World News 11 Commodities 28 Regional Co News 4 Cryptic Crossword 29 Regional News 9
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      35 1 tiodenstoch i M A Y M #M Jr js> a* ijjß jjfP' |F J)P THE UfST TIME MUM COULD EVER HAVE. v fSD C >4$ 180-OH2O 4tw 0170 (lj W«T W KK9? mtWTIMI SUMMTB CSnVCATt
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Air services agreement with Ethiopia
        81 2 SINGAPORE has concluded a liberal air services agreement with Ethiopia, in which the airlines of the two countries are allowed to mount up to thrice-weekly services between Singapore and Ethiopia. They are also granted free routing with full traffic rights on all sectors. The agreement
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      • Article
        Details on Arts Council
        86 2 THE NATIONAL Arts Council, to be made up of 10 to 25 members, is to be headed by a chairman appointed by the Minister for Information and the Arts. Daily management of the council will be in the hands of a chief executive. There will also
        86 words
      • Article
        New Apprenticeship System
        71 2 DR TAY Eng Soon, Minister-in-charge and chairman of the Vocational and Industrial Training Board (VITB) will be leading a team of VITB members on a visit to firms participating in the New Apprenticeship System today. The visit is the first in a series planned this year to
        71 words
      • Article
        Endowment fund created
        66 2 THE fund-raising committee of the 25th Anniversary Celebrations Council announced yesterday that a trust deed to set up an endowment fund had been executed. A board of trustees and management committee have been appointed by the Community Development Minister to administer the fund. The fund has an
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      • Article
        Micro Exchange Drafts deal
        37 2 OVERSEAS Union Bank has signed an agreement with Bank of America National Trust Savings Association for the issue of Micro Exchange Drafts. These are US dollar demand drafts payable in the United States.
        37 words
    • Article, Illustration
      Leo Sakata forms Canadian joint-venture for US market
      465 2  -  By Claire Leow WITH its main customers in America, local electronics firm Leo Sakata wants to be closer to the market by setting up a joint venture in Canada. It also plans to have another venture in Virginia in the US before
      465 words
    • Article, Illustration
      Ontario woos S'pore businessmen
      330 2 Its officials in town to seek more investments THE CANADIAN state of Ontario wants more investments in light industries at Thunder Bay, and officials are in town to woo Singaporean businessmen there. Four areas of market opportunities have been identified: specialised plastics, magnetic media, telecommunications equipment
      330 words
    • Article
      Hillview Villas snapped up in two weeks
      197 2 THE WAVE of enthusiasm for residential properties continues, with all 32 units of three-storey terrace houses under Phase 2 of Cycle Carriage's Hillview Villas snapped up within two weeks. The three-storey terrace units, which went for between $700,000 and $850,000 each, were bought
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    • Article
      Vehicle quota premiums likely to stay high
      316 2  -  By Selva Kumar AT A TIME when the new car market is being hit with a buying spree, the Registry of Vehicles (ROV) has received about 11,000 bids for the June vehicle Certificate of Entitlements (COE). The bids, which are almost three times
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    • Article
      Aiwa plans to make S'pore its world R&D centre
      337 2 JAPANESE audio manufacturer Aiwa announced yesterday that it intends to make Singapore the world centre for its research and development operations. Mr Hajima Unoki, president of Aiwa Company, said: "We intend to expand the brainwork in Singapore. In the past, Japan
      337 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      123 2 For that very special celebration, you can take over Singapore's highest restaurant. We mean it. You can have dinner, live nostalgic music The Pinnacle all to your- excellent service. Make self when you celebrate it an unforgettable affair, a grand and exclusive Call us at 534 4040 occasion with us,
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      Page 2 Advertisements Column 2
      322 2 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times 29 May 1991 Hilton International Jakarta 6 June 1991 Holiday Inn Parkview Singapore An Important One-Day Update by our The panelists are authoritative panel from the Indonesian Directorate General for Customs Excise T L Yuosuf
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      United Engineers to redevelop River Valley site
      462 3  -  New building will have double the usable space By Lee Han Shih UNITED Engineers Ltd (UEL) has secured government approval to redevelop its huge River Valley headquarters site, a development that has been known to some stockbrokers for weeks but only communicated to
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    • Article
      Chemical Industries posts 14pc growth in profits
      265 3 CHEMICAL INDUSTRIES (Far East) (Cifel) has reported after tax profits of $8.7 million for the year ended March 1991, an increase of 13.8 per cent over the previous year. While profitable, the results pale in comparison with the commodity chemicals manufacturer's 30 per
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    • Article
      Lock icon M'sian brokers urged to set up overseas branches
      390 3 Kuala Lumpur Stock Exchange Conference MBT MALAYSIAN stockbrokers should broaden their business base by setting up overseas branches, the Kuala Lumpur Stock Exchange (KLSE)'s chairman Nik Mohamed Din Bin Datuk Nik YusofT said at a conference yesterday. Local brokers must step up
      MBT  -  390 words
    • Article
      Lock icon M'sian banks to promote ADRs
      392 3 Bernama MALAYSIAN merchant banks, led by Arab-Malaysian Merchant Bank Bhd, are discussing with the authorities a plan to promote American depositary receipts (ADRs) certificates representing home-market securities to the local market, AMMB managing director Datuk Malek Merican said in Kuala Lumpur yesterday. "We would urge
      Bernama  -  392 words
    • Article
      Lock icon Foreign partners in KL broking firms may have to close representative offices
      413 3 MBT FOREIGN securities firms which have taken up equity stakes in Malaysian stockbroking houses may eventually have to close their local offices. It is understood that at least one foreign stockbroking house has already been asked to close
      MBT  -  413 words
    • Article
      Lock icon G Lumber in PNG timber deal
      224 3 MBT GENERAL LUMBER, through its subsidiary Cakara Alam (PNG), is expected to seal its third block of the Arawe timber concession in Papua New Guinea and commence operation on the first block some time next month. Managing director Nik Mahmood Hassan said the third
      MBT  -  224 words
    • COMPANY BRIEFS
      • Article
        Bonvests sells stake in two companies
        75 3 BONVESTS HOLDINGS has sold its entire stake in two companies for a total of $1.78 million. Ee Chin Siew, Perlato Coreno Marmi and Simet have paid 10 per cent of the sale price of $628,000 for shares in Marmi Ceramica Agency, while Joseph Yao
        75 words
      • Article
        L&M shareholders give nod
        45 3 SHAREHOLDERS of LAM Group Investments have approved the group's proposed renounceable rights issue of up to 24.13 million shares for $26 million at an extraordinary general meeting held yesterday. The rights issue is now subject to the local stock exchange's approval.
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      • Article
        Malayan Cement not exporting
        79 3 MALAYAN CEMENT Bhd will concentrate solely on the domestic market this year in view of the strong local demand for cement, managing director Michael Horner said yesterday. Mr Horner told newsmen after the company's annual general meeting in Kuala Lumpur that about 10 per cent of
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      • Article
        Setron executive raises stake
        67 3 SETRON (Malaysians chief operating officer Abdul Murad Ahmad said yesterday that it bought 1.19 million shares in the company for M 54.6 million last month. He told the Malaysian Business Times that the shares were bought at M 53.80 to M 54.00 each through Halim Securities.
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      • Article
        Kian Joo and Nylex abort plan
        76 3 KIAN JOO Can Factory Berhad and Nylex Malaysia Bhd have called off their proposed joint venture project to further develop the plastic packaging business. Kian Joo said in a statement that since both parties have not been able to come to full agreement on
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      • Article
        Killinghall profit down 7pc
        61 3 KILLINGHALL (M) Bhd reported a 7 per cent drop in after-tax profit to M$ 11.67 million for the year ended Dec 31, 1990, against M$ 12.54 million previously. In a statement yesterday, it said after-tax profit would have been M 52.05 million, down from M 55.72
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      • Article
        Nestle ups funds for investment
        66 3 NESTLE (Malaysia) Berhad plans to increase its investment allocation to between Ms4o million and Ms4s million per year over the next four years from the present Ms3o million, managing director Frits van Dijk said yesterday. The increase would enable the company to enhance its efforts
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Unocal to start drilling Thai tracts in 1992
        87 4 UNOCAL CORP will in late 1992 begin exploring four recently acquired onshore tracts near Thailand's border with Laos. Charles Williamson, Unocal Thailand Ltd's vice-presi-for exploration, on Monday told reporters that the company plans to spend between US$25 million and US$3O million in
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      • Article
        Jakarta seeks bank-note partner
        103 4 42 *<INDONESIA, its money supply in its hands, is looking for <*a partner to help it to make bank notes, the Bisnis Indone--4 sia newspaper said on Tuesday. The country's booming paper industry lacks the technology to tackle anti-forgery tricks such as metallic strips, but with
        103 words
      • Article
        Help for Banker's Note
        79 4 A GROUP led by Hongkong investor S K Chow said in Washington on Monday that it was willing to help Banker's Note Inc solve its money problems, but would only do so if allowed to own more than 50 per cent of the company's outstanding stock.
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      • Article
        Kalimantan Gold in rights issue
        101 4 TAKEOVER TARGET Kalimantan Gold said it will raise As6o million in a five-for-one rights issue at Asl a share. Kalimantan said the funds raised would help fund the capital costs of its 22.5 per cent interest in the Kelian Gold project in Indonesia and repay
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    • Article, Illustration
      European-owned firms plan to seek listing on Jakarta bourse
      631 4  -  From Maggie Ford in JAKARTA AT LEAST two Europeanowned plantation companies based in North Sumatra plan to seek a public listing on the Jakarta Stock Exchange next year, joining the single listed company in the sector, United Sumatra Plantations, which offered
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    • Article
      BKPM to revoke investment licences
      239 4 THE INVESTMENT Coordinating Board (BKPM) will soon revoke the licences of 424 domestic and foreign investment projects, with total commitments of about US$l.55 billion (552.74 billion), because of their failure to be implemented, reported The Jakarta Post. The impending measure, according to BKPM's Deputy Chairman
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    • Article
      Lock icon Taiwan's Hungyuan Group declared bankrupt
      256 4 AFP THE Hungyuan Group, Taiwan's biggest underground investment house, was declared bankrupt yesterday by the Taipei District Court, allowing its 160,000 investors to claim part of their funds from the remaining assets. The ruling came six weeks after Shen Chang-sheng, the secretive businessman who started
      AFP  -  256 words
    • Article
      Lock icon First Pacific declares 43pc stake in Dutch trading company
      516 4 Reuter AFTER months of anonymous buying, a Hongkong trading company controlled by a wealthy Chinese-Indone-sian family has emerged with a 43.2 per cent stake in troubled Dutch trading company Internatio-Mueller NV. First Pacific Co Ltd, 50-60 per cent owned by the
      Reuter  -  516 words
    • Article
      Indonesian conglomerates likely to dominate tourism sector by end '92
      467 4 INDONESIAN conglomerates will dominate the tourism sector by the end of next year, says a noted observer of the economy. "Conglomerates such as the Bimantara, Rajawali, Salim and Summa groups will be among the country's top 10 hoteliers next year
      467 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      526 4 (Incorporated In Malaysia) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1990 The Directors are pleased to announce the audited results of the Bank and the Group for the year ended 31 December 1990 asfollows:THE BANK THE GROUP 1990 1989 Chang* 1990 1969 Chang® Ms'ooo Ms'ooo X Msooo Msooo X
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      Page 4 Advertisements Column 2
      31 4 f 3000 MT CARGO 1 I VESSEL SPACE S I AVAILABLE 1 FROM KINGSTON I TO FAR EAST I REGION. J I INTERESTED PARTY I I PLEASE FAX I DETAILS TO
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  • Page 5 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        IBM cuts prices of computer workstations
        68 6 INTERNATIONAL Business Machines has slashed the prices of its computer workstations by up to 60 per cent, in a move that is expected to spark off a price war throughout the computer industry. Leading personal computer manufacturers uQe already announced sweeping price cuts on
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      • Article
        Hoesch reports lower sales
        52 6 ENGINEERING group Hoesch AG on Tuesday said sales fell shaiply and earnings declined in the first quarter of 1991. Finance chief Hero Brahms said group sales fell by between 5 and 10 per cent in the first quarter, pushed down by a significant decline in the
        52 words
      • Article
        French govt's bid to save Vev
        57 6 THE FRENCH government is trying to prevent the country's biggest company failure in a decade by stepping in to oversee rescue negotiations between Vev, the struggling textiles group, and its bankers. Vev has been placed under the supervision of the Interministerial Committee for Indijetrial
        57 words
      • Article
        Revenue hit by higher US$
        48 6 RHONE-POULENC Rorer Inc chairman Robert Cawthorn on Tuesday said the company's 1991 revenue target of US$4.O5 billion (Ss7 billion) will be more difficult to ;u|iieve because of the stronger dollar. About 75 per cent of its revenues are generated outside of North America.
        48 words
    • Article
      Lock icon Bayer expects a slight increase in sales figures
      498 6 Much will depend on exchange rates, says chairman Reuter BAYER AG management board chairman Hermann Strenger said declining volume sales in the first quarter and lingering economic weakness in key markets made it hard to forecast higher 1991 earnings. He said sales
      Reuter  -  498 words
    • Article
      Lock icon New owner Pathe selling MGM studio
      503 6 AP I MGM IS UP for sale again, six months after debt-laden Pathe Communications Corp acquired k aqc jrding to securities dqcume Us. i Pathe has uri til Nov 30 tof sell 40 per cent' of the ailing studio, or be forced to lose
      AP  -  503 words
    • Article
      Lock icon What Elf-Occidental deal may mean for Enterprise Oil
      450 6 Reuter AN ANNOUNCEMENT is imminent on a widely-expec-ted US$l.2 billion to US$l.4 billion (552.12 billion to 552.47 billion) purchase by Ste Nationale Elf Aquitaine of the North Sea assets of Occidental Petroleum Corp. But debate continues over what this might mean if
      Reuter  -  450 words
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      233 6 jfefl Kkfflj <•& V- i j j Mj BUfiai mb\ fllM H mm wm "SSJ Hn w MMm j|H|W 2* ■>-- i/A/A^^b# SB JSag^T^®*PS|} 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
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      48 6 A workshop to be held on Friday, 10 May 1991 Amara Hotel 2.30 6.00 pm $45 per person Workshop leader Mr Gerd Langer, Senior Advisor International Trade Centre UNCTAD, GATT Jointly organised by Enterprise Promotion Centres Pte Ltd Singapore Indian Chamber of Commerce For further details, contact 4
      48 words
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  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • Article
      Lock icon Japanese clients boost Pacific Bank's business
      381 8 Turnover soared two to four times in past year Bernama PACIFIC BANK BHD has increased its turnover by two to four times in the past one year after the emergence of Yasuda Trust and Banking Company Ltd as one of its major shareholders, chairman
      Bernama  -  381 words
    • Article, Illustration
      Sinar Mas group raising funds in S'pore
      260 8 BANK Internasional Indonesia, the banking arm of the Sinar Mas group, yesterday signed an agreement with a group of financial institutions in Singapore to raise a US$55 million (Ss97 million) revolving credit facility. The proceeds will be used to finance the export activities
      260 words
    • Article
      Lock icon Citibank gets branch licence in Shanghai
      172 8 Reuter PEOPLE'S Bank of China (PBOC) has approved an application from Citicorp's Citibank to upgrade its representative office in Shanghai to a full jpranch office. Citibank, the first US bank to receive a licence to operate a branch in Shanghai, will offer trade-related services,
      Reuter  -  172 words
    • Article
      Lock icon Ruling on loans a victory for banks
      175 8 Reuter IN A victory for the US banking industry, a federal judge ruled that interest in loans sold by banks do not qualify as securities and are not subject to the anti-fraud or disclosure provisions of securities laws. US District Judge Milton Pollack
      Reuter  -  175 words
    • SMALL CHANGE
      • Article
        Stanchart (M) paying out daily compound interest
        71 8 STANDARD CHARTERED Bank will pay daily compound interest on savings accounts through its "Moneymaster" package launched on Tuesday. The move, a first for the Malaysian banking industry, will yield depositors higher interest earnings, said Bruce Knight, the bank's acting chief executive officer in
        71 words
      • Article
        FDIC can now borrow more
        73 8 A HOUSE of Representatives panel began work on Tuesday on the first piece of President George Bush's proposed banking reform legislation by voting to replenish the insurance fund protecting bank deposits. The House Banking subcommittee on financial institutions, on a voice vote, decided to shore
        73 words
      • Article
        Soviet loans worry French banks
        76 8 FRENCH BANKS are increasingly worried about their loans to the Soviet Union, which total more than 40.5 billion francs (S$ 12.29 billion) and could leave several banks in trouble in case of default, French bankers say. French banks are most exposed when it comes to
        76 words
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      Page 8 Advertisements Column 1
      276 8 When a power seat is really your seat of power. It is a matter of common observation that in the What about those already in the boardroom but who office hierarchy, the more important the position, still have to tread carefully? Well, they may prefer the better the chair. VH
      276 words
  • Page 8 Miscellaneous
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  • THE REGION
    • Article
      S'pore-M'sia gas pipeline likely to be completed in January
      585 9  -  From James Shyong in KERTEH, TRENGGANU THE natural gas pipeline across the Straits of Johor which connects Singapore to Malaysia's 730-km Peninsular Gas Utilisation network is expected to be completed in January, officials say. Mr Matlasah Hitam, Petronas Gas Sdn Bhd's
      585 words
    • Article
      Lock icon Dearer oil pushes Thai trade deficit up by 28pc
      240 9 AP THAILAND'S trade deficit for this year's first three months grew by nearly 28 per cent from January-March 1990, the central bank said on Tuesday. The Bank of Thailand said preliminary figures showed a deficit of 71 billion baht (Ss4.B billion),
      AP  -  240 words
    • NOTE BOOK
      • Article
        KL's major industries post higher sales
        46 9 MALAYSIA'S major industries in the manufacturing sector chalked up a 24.4 per cent increase in their total sales to M$ 11,764.6 million for the January-February period this year, compared with M 59,457.8 million in the corresponding two-month period in 1990.
        46 words
      • Article
        NZ budget deficit falls
        54 9 NEW ZEALAND'S budget deficit, which excludes capital items, fell to NZ$722 million in the nine months ended March 31 from a NZ$l.l7 billion deficit in the eight months to end-February, the Treasury said in Wellington yesterday. There was a NZ$464 million surplus in the first nine
        54 words
      • Article
        Call for new textile markets
        56 9 INDONESIAN Trade Minister Arifin Siregar on Tuesday urged textile-producing countries to lessen their dependence on the US, European Community and Japanese markets. "Textile-producing countries, particularly developing ones, including Indonesia, should try to shift their exports from the three main importers," he told reporters after opening
        56 words
      • Article
        Philippine inflation rises
        56 9 THE PHILIPPINES' year-on-year inflation rate rose to 18.9 per cent in April, its highest level under the Corazon Aquino government, against 13.6 per cent a year earlier, the National Statistics Office said in Manila on Tuesday. But the latest inflation rate was only slightly higher than the
        56 words
    • Article
      Lock icon Indonesia signs LNG contract with S Korea
      273 9 Deal is worth USs6.Bb over the next 20 years AFP INDONESIA signed a new liquefied natural gas (LNG) sales contract on Tuesday with South Korea worth US$6.B billion (Ssl2 billion) over the next 20 years, officials here announced. Under the agreement between the
      AFP  -  273 words
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      21 9 HhHHHHr* TAMAN PERINDUSTRIAN CEMERLANG FREEHOLD DETACHED FACTORIES IN JOHOR BAHRU. Price from M 51.280.000 onwards pvSjvnpnj^SLap I Singapore 0104. Fax *****31
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      Page 9 Advertisements Column 2
      253 9 What Travels Farther Than The grid's Longest Ball? V .Lfl"' The World's Longest Ball Improved. Introducing the new Ultra AR432 ball. the air longer, so it travels farther up the fairway. Now here in Singapore. Wilson's new Ultra AR432. 700 B olfers P roved ,he ,heo T ri S ht
      253 words
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      Page 10 Advertisements Column 1
      31 10 -•—iMKjir p IHMHaBMI^HBHBBMHaHBHBIBHHHHaMHHMHBaai Ik- mmm mwww 1. 1 H| |H Hr iP* -Bl^^'' ll flMjl«" ftSSSS The mnm double Jkwater features a turning bezel and double safety lock on metal bracelet.
      31 words
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  • THE WORLD
    • Article
      Lock icon More UK firms breaking into competitive Japanese market
      640 11 FT WHILE prominent US companies campaign for a bigger slice of the Japanese market, a growing number of UK companies, both large and small, are quietly reaping the benefits, of success in what is arguably the world's most competitive market. Last year,
      FT  -  640 words
    • Article
      Lock icon Kohl urges foreigners to invest in eastern Germany
      288 11 Reuter CHANCELLOR Helmut Kohl on Tuesday joined a growing chorus of Bonn leaders urging foreign companies to invest in the floundering economy of once-communist eastern Germany. Mr Kohl told a business meeting in Hamburg that the first signs of an economic upturn
      Reuter  -  288 words
    • Article
      Lock icon World Bank, IMF, ADB raising funds for India
      323 11 FT WESTERN DONORS have started to raise short-term funds to India to help it overcome its fiscal and balance of payments crisis, according to Attila Karaosmanoglu, the World Bank's vice-president for Asia. Leading donors including the World Bank, the IMF and the
      FT  -  323 words
    • Article
      Lock icon The return of the Japanese tourist
      166 11 Reuter JAPANESE tourists, gun-shy towards overseas travel since the Gulf War, may regain their nerve just in time for the peak summer travel season. But officials at travel agencies and economists say Japan's slowing economy may signal that the heady days of the past
      Reuter  -  166 words
    • Article
      Lock icon China says ending trade benefits would cost American jobs
      425 11 Chinese ambassador warns US against revoking MFN status Reuter THE Chinese ambassador in Washington, Zhu Qizhen, said on Tuesday that a US revocation of China's favourable trade treatment would cost American jobs and cause American companies to lose business. Mr Zhu
      Reuter  -  425 words
    • Article, Illustration
      Lock icon Fiddler by the hoofs
      44 11 A fiddler on Prague's Charles Bridge playing a tune on Tuesday as Czechoslovakia's newest policemen ride by. The new brigade has 20 men and 12 horses and will be patrolling in and around the city parks. Reuter picture Reuter picture
      Reuter picture  -  44 words
    • Article
      Lock icon Tokyo sending its biggest trade team to Taipei
      278 11 Reuter JAPANESE business is sending its biggest ever mission to Taiwan this weekend to try to cut Tokyo's soaring trade surplus and increase investment in the island. The mission, organised by Keidanren, Japan's major l business group, and consisting of 150 representatives
      Reuter  -  278 words
    • WORLD WATCH
      • Article
        India's agricultural exports up by 28pc
        95 11 INDIA exported agricultural commodities worth a total of US$2.B billion in fiscal 1990-1991, a 28 per cent increase over the previous financial year. The Gulf region is a major market for Indian agricultural products, and the upswing in exports came about despite the embargo
        95 words
      • Article
        Moscow farm credit vote on hold
        105 11 THE AMERICAN SENATE has postponed a vote on a resolution urging extension of US$l.5 billion in US farm export credits to the Soviet Union after it ran into unexpected opposition from critics of Moscow. The postponement came after some senators demanded a chance to
        105 words
      • Article
        House prices fell in US
        70 11 PRICES for existing houses in the US fell throughout the United States during the first quarter, while sales of new homes dropped in 31 states, according to figures released on Tuesday. The National Association of Realtors (NAR), a trade body, said one-third of the major
        70 words
      • Article
        Argentine bid to fight inflation
        61 11 ARGENTINA will promote increased imports of food, medication and cars by relaxing tariff controls in a last-ditch effort to ease inflation. Finance Minister Domingo Cavallo has introduced a series of severe austerity measures to try to reduce Argentina's swelling foreign debt and rein-in inflation. He
        61 words
      • Article
        B'desh appeals for more aid
        72 11 BANGLADESH, mourning at least 125,000 dead in the worst cyclone in its history, asked the world community for US$l.4 billion for relief and reconstruction. At a meeting with donor countries on Tuesday, the government requested 23.9 billion taka (US$67O million) in immediate relief and 26.4
        72 words
      • Article
        World population set to soar
        96 11 THE WORLD'S population will grow to more than eight billion in three decades and could surpass 12 billion by the end of the next century, a report by a private research group said on Monday. A data sheet prepared by the Population Reference Bureau said
        96 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      208 11 Announcing Interestßonus Month. The month of May is a rather special 12, 18 and 24 months. one at Citibank we've called it Interest- So if this sounds like a great deal Bonus Month. And we're offering par- for you why not contact us today, ticularly advantageous deals on US$ and
      208 words
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  • Article
    Fair value for the fairways
    523 12 EDITORIAL GOLF has long been and will long remain a status game. But apart from the irksome idea to the less privileged of an elite which can afford to do this is the even more irksome thought that this is all being subsidised by the
    523 words
  • WHAT THE OTHERS SAY
    • Article
      Reinventing the work week
      226 12 THE NATIONAL Trades Union Congress revived the question of a shorter work week at its recent triennial delegates' conference. It asked for a shorter week but promised to maintain the same number of working hours. Some delegates even came up with the suggestion that the week-end
      226 words
    • Article
      Improving service
      133 12 IT IS heartening to note that the Islamic Religious Council of Singapore has taken the criticisms on the safety of haj pilgrims in its stride. The criticisms came following the tragedy of the Muaseim Tunnel which claimed the lives of more than 400 pilgrims last year. By opening
      133 words
    • Article
      New areas of cooperation
      127 12 CHINA AND Singapore have agreed to boost their cooperation in three areas exchange of professionals and technology personnel, tourism, and direct economic cooperation between Singapore and Chinese provinces. Under the agreement, China will send its management and technology personnel to Singapore to gain experience and skills.
      127 words
  • REGIONAL VIEWPOINTS
    • Article
      All are responsible
      158 12 IT LOOKS like we will have to do keep our country clean the hard way with constant badgering of district and municipal councils for more dumps (with lids, preferably), incinerators and many more trips, daily if possible, to empty the existing ones. Severe enforcement of cleanliness is
      158 words
    • Article
      Winning respect and trust
      166 12 THE REPUTATION of Hongkong as a.credible financial centre was thought to have been restored after reforms at the stock and futures exchanges culminated in the creation of the statutory Securities and Futures Commission (SFC) two years ago. Hopes that investors could at last be confident of
      166 words
    • Article
      Save the forests
      155 12 DESPITE THE alarming depletion of forest cover at the hands of illegal loggers and forest encroachers, the country's pristine woodlands is facing yet another serious threat this time from the government itself. Citing mainly security reasons, the deposed Chatichai Choonhavan administration last October 15 gave approval to
      155 words
  • Article, Illustration
    Lock icon Defending the City's role
    1260 12 London is worrying about its future as a financial centre. Does it need to? How can it continue to keep its place? The Economist has some answers The Economist HE's merchant-bank Bertie, who sets off at 6.30 and a dapper, well-heeled fellow he is, to be
    The Economist  -  1,260 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      222 12 i oii|festei'n j 9 Graduate School of ManaacpCTlMif 9 THE ASIA-PACIFIC I TOP MANAGEMENT PROGRAM STRATEGIC CHALLENGES FOR CEO'S AND SENIOR MANAGERS I TOWARDS THE 21 ST CENTURY I 9th 15th June, 1991 Fraser's Hill Pine Resort I The Program addresses key issues of Strategic Management, Leadership and International Enterprise
      222 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon AT & T adds to respectability quotient of takeovers
      761 13  - AT T adds to respectability quotient of takeovers Large corporations, rather than 'junk bond' players, are now involved in hostile takeovers. Kurt Eichenwald reports Kurt Eichenwald NYT THE MERGER deal finally reached on Monday between AT T and NCR illustrates the sea change that has occurred in takeovers in the
      NYT  -  761 words
    • Article, Illustration
      Africa: a market for the bold and daring
      1373 13  -  Singapore's trade with the African continent is the lowest compared with the other continents. But there is great potential for growth as a trade delegation to Africa found out. Shoeb Kagda reports Shoeb Kagda Nairobi and Dar-Es-Salaam do not come to mind
      1,373 words
    • Article
      Lock icon A nearly perfect banking system?
      667 13  -  Switzerland is proposing tough new laws to prevent money laundering. Mitya New reports Mitya New Reuter SWITZERLAND has proposed new laws that would give it the most effective tools to date to deter money laundering, banking authorities and politicians say. But bankers caution that they
      Reuter  -  667 words
  • Page 13 Advertisements
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      92 13 J* 1 1 VIETNAM EXCLUSIVE BUSINESSMAN PACKAGE Business Opportunities Presentation by Vietnam I Coate rtniwi Chamber of Commerce Limnea aeaiS uniy! Direct Return Right on Business Class Special Departures: Deluxe Accommodation at the Saigon Floating Hotel 20th 27th June '91 Meals as specified Sightseeing VISA Processing fee Officially Appointed By:
      92 words
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      217 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE >** iti GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES,
      217 words
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      Page 14 Advertisements Column 2
      330 14 DIAN XIN TEMPTATIONS Continuing the parade of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu, treat yourself to aH the D»an Xin you can enjoy for $16.80+ per person. Open daily from 11:30 am 2:3opm fa lunch, and 6:3opm 10
      330 words
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      Page 14 Advertisements Column 3
      377 14 j L **OODTHCfI* I Lp omcret mmmoJ presents The Xiamen Herbal Food Promotion. 26 April 10 May x Savour the wonders of tradition ail hwrbalcWicacies I specially fr6m the XiamexxJ^Hfhina. At Seafood Theatre ftesc^Utant. x W Set Menus Ala carte availaEtEr- < Lunch or dinner. ggim PLAZAHgrgk Mom You're the
      377 words
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      Page 14 Advertisements Column 4
      262 14 VIVA ESPANA JM II X. L K,* I The Belvedere brings you the savoury taste of Hp m sunny Spain. With over 60 traditional favourites, you'll say "Ole" to the most H extravagant buffet in town! K|£f I We serve the world to you at The Belvedere. Hap* i n
      262 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      732 14 TELEVISION AND RADIO T Ammrm'c 53 Kir"* business ON RADIO a imiciigiu ;.mwwiMMm &s **"12?™! 8.30 Close. wounds are inevitably 70 0 Cable Newt Network. 7.10 am, 9.25 am, 1.30pm, IJl¥H![>] 630 CNN In*"™* l o l (L). opened between father 7.30 The Fruttties. 5.30pm, 3.25 am: Financial News 8.00
      732 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Von Sydow returns to his roots
      887 15  -  Max von Sydow's role as Ingmar Bergman's grandfather is the latest step in the rehabilitation of the artistic reputation of Sweden's most famous actor. Lars Foyen reports Lars Foyen Reuter MAX von Sydow would rather be re m e m bered as Ingmar Bergman's
      Reuter  -  887 words
    • Article, Illustration
      Composer sues Gloria Estefan for illegal copying
      595 15 CHATTERBOX A NEW YORK composer has sued rock star Gloria Estefan and her band The Miami Sound Machine, alleging that their recording of Oye Mi Canto is an illegal copy of one of his works. The suit, filed by composer Eddie Palmieri in
      595 words
    • Article, Illustration
      Lock icon Hollywood fills the gap as recession hits Cannes
      698 15  -  Bernard Besserglik previews the offerings at the festival which opens today Bernard Besserglik AFP The gulf war, worldwide economic recession and turbulence in eastern Europe have all left their mark on the Cannes Film Festival, the prestigious cinema showcase which opens today.
      AFP  -  698 words
    • Article
      Lock icon Earth's climate may regulate itself
      421 15 NYT DOES the earth's climate regulate itself, enabling global temperatures to stay within certain broad limits? The question fascinates scientists, especially at a time of concern and contention about global warming, and now climatologists have produced evidence that clouds act as a natural thermostat that
      NYT  -  421 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      246 15 AND ENTEBTAIN Super long Happy Hours at The Fountain Lounge means enjoying a 40% discount from 11.00 am to 8.00 pm plus snacks such as Spring Rolls or Samosas or Canapes or Meatballs or T -A f ANA HOTEL VIC m SINCAPORE Items changed daily. •""SMSS your Happy Hours with
      246 words
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      Page 15 Advertisements Column 2
      24 15 J i ON I2THMAY 1991 9 course menu for 10 persons ats32B 00 Hong Kong Dian Xin Also Available For reservations please call E
      24 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      127 16 y, tr T l y M IK^'" r fjM !t-~- .M sS '9 2^lR# ,"V idrWr J^RdWMk I 3s&U^E^9Eal^^^l *3»£ y i\ A^jggaß^*^|^^BE|Wii'i d^tlM^^^^M V"' 2- >. s" ft?^;. o B#J '".HrtHfe«.2U 9^HBB6PS3S" i»fsS3siß^^^H 9 '111 v# »>._Zsrsf 3» SftSL—., y «iM A/ImcJ? as u?e t/ like to better your
      127 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      148 17 Erf I |i|§ K"7 c.*' &S® ■:•■is*. t^fi£^'' jS jr- 'tesSasXEMm-'-..: v 7*< *i'.- v t Ifef w X t H L v- v >' A MX'i?'- i ::V J i^^»---'i f -r Jail SPfpjwwi *?<£ -v\ < •>>* v t ¥k£ y>i* v; -stikr* "*!*?&■'&*'"V ,-"4 f iv* v
      148 words
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  • SPORTS
    • SIDE LINES
      • Article
        Gascoigne to sign up with Italian club Lazio
        64 18 ENGLAND INTERNATIONAL Paul Gascoigne will soon sign a contract with Lazio, officials for the Italian club reaffirmed Tuesday. Lazio officials took a file containing details on the contract to the Italian league office dealing with transfers of foreign players. "The Tottenham Hotspur
        64 words
      • Article
        Frost retires after defeat
        68 18 DANISH BADMINTON GREAT Morten Frost Tuesday announced his retirement from the sport after a first round defeat Monday at the World Championships. Andrej Antropov of the Soviet Union beat Frost 15-9, 1-15, 15-10 at the showpiece tournament in the Danish capital. "My game was hampered by
        68 words
      • Article
        Honda Classic seeks new home
        86 18 THE PGA TOUR is looking for a new home for the USSmillion Honda Classic, which has been played at the TPC Eagle Trace at Coral Springs, Florida, since 1984. PGA Tour commissioner Deane Beman said Tuesday that after several meetings with tournament officials, he would
        86 words
      • Article
        Dutch victory in Tour of Spain
        70 18 JEAN PAUL VAN POPPEL of the Netherlands scored his second victory in the 46th Tour of Spain cycling race, outsprinting the lead pack to win Tuesday's ninth stage. Melchor Mauri of Spain retained the yellow jersey of overall leader in the 21-stage race. Van
        70 words
      • Article
        Arsenal planning ahead
        73 18 NEW ENGLISH football champions Arsenal want manager George Graham to prepare a team for the 21st century. Club chairman Peter Hill-Wood made it clear Tuesday that he wants Graham to stay past the rest of his contract which has more than three years to run. "George has
        73 words
      • Article
        Evert picks Graf, Agassi
        79 18 SEVEN-TIME French Open champion Chris Evert is picking Steffi Graf and Andre Agassi to win this month's French Open. "I have to go with Steffi. She is the hungriest of all the players," said Evert, who made her predictions on Tuesday. Referring to Grafs victory in
        79 words
      • Article
        Time runs out for Connors
        81 18 DENNIS CONNERS' Stars and Stripes beat every boat but not the clock. The fourth fleet race of the Americas Cup World Championships off San Diego was cancelled Tuesday when the four-hour, 45-minute time limit ran out before Conners' boat could cross the finish line. Light
        81 words
      • Article
        In-line skating is new craze
        67 18 A SPORT pioneered by two high school ice hockey players has become a US$l5O million industry in the United States. In-line skating, in which people zoom along on skates with a single row of polyurethane wheels, has become so popular in New York's Central Park
        67 words
    • Article, Illustration
      Golf courses true to nature
      765 18  -  In an exclusive interview with BT, Perry Dye, president of Dye Designs Incorporated, tells Cassandra How why his company doesn't build golf courses the way others do Cassandra How PERRY DYE spent quite a few of his childhood days carrying water to workers on golf
      765 words
    • Article, Illustration
      Lock icon Chang downs Kroon in US Men's Clay Court championships
      302 18 AP TOP-SEEDED Michael Chang beat unseeded Niclas Kroon of Sweden 6-0, 7-5 on Tuesday night in his first match at the US Men's Clay Court Championships. Chang used a strong serve and his quickness to earn the opening-round victory in the
      AP  -  302 words
    • Article
      Lock icon Sabatini makes smooth start, Cecehini crashes out
      253 18 Reuter FORMER CHAMPION Gabriela Sabatini made a smooth start in the US$5OO,OOO women's Italian Open tennis tournament with a straight sets victory in the second round on Tuesday. Argentine second seed Sabatini, who had a bye in the first round, beat South African
      Reuter  -  253 words
    • Article, Illustration
      Lock icon Challenge from the Land of the Rising Sun
      42 18 I he Japanese boat Nippon Challenge, skippered by Chris Dixon, making its nay through heavy swells on Tuesday, day of competition of the International America's Cup Class World Sailing Championships. Reuter picture Reuter picture
      Reuter picture  -  42 words
    • Article
      Lock icon Heady concoction for major league America
      410 18 NYT MAJOR LEAGUE sports will not admit that alcohol is a problem among their athletes because of a cozy relationship with the beer industry, according to an official of the National Council on Alcoholism and Drug Dependence. "It's significant that beer is the favoured
      NYT  -  410 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      121 18 Your Private Jet Anytime Anywhere —1 iia FAR EAST PTE LTD For your next business trip, Aeroleasing is at your exclusive service with a fleet of luxurious private jets (including our new Falcon 20 731). All flown by experienced Swiss trained pilots. All you have to do is tell us
      121 words
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  • ADVERTISING & MARKETING
    • Article
      Creating a new image for Italian Marble House
      847 19  -  Said Abdullah finds out more about a Danishman's plans to make a 7-year-old firm a treasure trove for things naturally beautiful Said Abdullah The man who made Ikea a household name in Hongkong and Singapore has taken on a fresh challenge: to
      847 words
    • Article, Illustration
      Lock icon The dog that helps BSB Dorland strike gold
      317 19 USA A HUNGARIAN Puli by the name of Lazlo has helped London's BSB Dorland Advertising win the Gold Award in the third annual Reader's Digest Worldwide Pegasus Awards. This shaggy dog with a generous coat of thick, corded hair was used in
      USA  -  317 words
    • Article
      BA launches Key to Britain campaign
      390 19 NOT quite king for a day, but something almost as good Lord or Lady of Gratwich granted in perpetuity. This, among other things is what British Airways (BA) is offering travellers in its three-month long "Key to Britain" tourism campaign. The 50,000 free trips
      390 words
    • Article
      COPY LINES
      256 19 SYDNEY-based DMB&B/ Weekes Morris Osborn has clinched a new account Qantas. The agency will be helping the airline to achieve its corporate advertising objective of "one image worldwide". According to Qantas' chief executive John Ward, the company was seeking a single agency with a global network. DMB&B has
      256 words
    • Article
      Bank's nature campaign reaps many benefits
      488 19  -  By Hong Lee Tiam THE $500,000 Care for Nature campaign launched by the Singapore branch of HongkongBank in November 1989 has not only heightened awareness of nature and raised the bank's profile, but has also attracted new depositors to the bank. Hongkongßank, with more
      488 words
    • Article, Illustration
      How to get the best out of advertising — without asking
      348 19  - How to get the best out of advertising without asking By Michelle Low FOR those who have always wanted to know how to get the best out of advertising but were afraid to ask, the booklet "How to Choose an Advertising Agency" will be of help. Produced by the Association
      348 words
    • Article
      Lock icon TV commercial leads to Cola war in Japan
      253 19 AFP A COLA WAR is brewing in Japan over an allegation that Coca Cola pressured Japanese television networks to reject a Pepsi commercial that directly compares the rival soft drinks. PepsiCo Japan on Tuesday called on the Japanese government's anti-trust watchdog to
      AFP  -  253 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      74 19 Coming 500n... THE BEST OF AIRTROPOUS-CHANGI AIRPORT: TERMINAL *> Bfifti y 1 9 J?... Our action-packed supplement in The Straits Times (June 1), I. ianheZaobao (June 1), LianheWanbao {8 V jftl ift* Sfl B -fe (May 31) Shin Min Daily News (May 31). Don't miss it! To reserve your ad
      74 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Bargain-hunting helps shares to reduce losses
      4844 20  -  By William Chia SHARE PRICES on the Singapore stock market fell over a broad front in quiet trading yesterday but recovered slightly at the close as some bargain hunting surfaced. The Straits Times Industrials Index closed 1.88 points lower at 1,523.15 after easing nearly
      4,844 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4157 21 Main Board Jacks Int 143 +43 +43.0% OCBC Foreign 1160 +20 +1.8% OUE 740 +15 +2.1% CMB Packaging 304 +11 +3.8% S1A Foreign 1840 +10 +0.5% Keppel Corpn 780 +10 +1.3% RDC 412 +10 (-2.5% Keppel C Wrts 498 +8 +1.6% Robinson 432 +6 +1.4%
    4,157 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      464 22 Compaay Date Yaar Groap Nat N«t earnings Gross MR to pram/toss (L) par *kara dividend (•OM) (caats) Spore Bus May 7 Dec 90 $49,91 1 ($49,932) 80 5(80 5) 10(10) UPf> May 7 Dec 90 $1,017(12,673) 1 1(28) 2(«) CM8 Packaging May 6 Dec 90 $13,512($11.616n) 26.0(29.7) 17.4(13)
      464 words
    • Article
      INTERIM RESULTS
      149 22 Company Date Half-year Group pro-tax latorfan ann to profit/to*$ (L) dMdood (•000) NST Apr 30 Feb 91 MJ43,849(J37.114) 10(10) SPH Apr 26 Feb 91 $110.396(184,977) 8(8) Times Pub Apr 19 Feb 91 S25.132($18,904) 4(4) Antah HMgs Apr 10 Oec 90 M|18.075($14,587) Kump Emas Apr 5 lan 91 M$5,333(M$7.552)
      149 words
    • Article
      PRELIMINARY RESULTS
      255 22 Coaipaay Data Yaar Groap pra-tax Nat earaings Cross ann to profit/loss (L) par share dhridaad ('000) (canto) HTP HWgs May 6 Mar 91 $8,307($2,791) 6.7(2.6) 10o(-) Inch Kenneth May 6 Dec 90 MJ4 489(53.712) 47.7(26 4a) 70(52 5a) Southern Bank May 6 Dec 90 M$41,233($39,026) 35.3(22.3) 12(12) George
      255 words
    • Article
      CORPORATE DEVELOPMENTS
      498 22 May 7 Anted Holdings Ltd is acquiring an 11,818 sq m site (the former Shin Min Public School) near the Sin Ming Industrial Estate to develop a 10-storey warehouse costing 545.6 m. Property group Straits Steamship Land (SSL) plans to make a cash call for about $200 m
      498 words
    • Article
      DIVIDENDS ANNOUNCED
      1511 22 Current Ex Backs Date Tat* tor ToUl tor payment data ctoM payable ttoe year last year Acma 5*TE Jun 5 Jun 17 Ml 10%TE Amal SM 10* (S) May 16 May 31 Jun 7 10* Ayvno SITE Feb 25 Mar 7 May 15 12.5%TE 25%TE BAT 1048% Apr
      1,511 words
    • Article
      APPROVED ISSUES
      184 22 Company Rights Issue Oufcp Est Restricted issue of $88 514m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CULS) 1991/1996 issued on the basis of SI nominal amount of CULS for every 3 ordinary shares of J1 each heW at nominal value Ex-date Apr 1 Books close:
      184 words
    • Article
      PROPOSED ISSUES
      503 22 Company Rights Issue Mean* One-tor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO 10 each at Mil per share with 10«n detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Bolton One-tor-four fe, MS? 00
      503 words
    • Article
      BONDS, LOANS & WARRANTS
      747 22 BONDS, LOANS WARRANTS Cowp—y C—wrriwi 9mi* Cmmnlm <w m mm wfciry atart C4C m Before 26/4/93 1 warrant (to S3 09 cash. Causeway Lam Causeway Wt 2/10/89 to 20/10/94 1 warrant plus 10.77 cash or 1 warrart phis 1077 normal amount of loan stock Ctuan rt*> Notes Quan ftp Wt
      747 words
    • Article
      COMPANY MEETINGS
      200 22 Overseas Union Bank Ltd: 42nd AGM at the Board Room, 45th Storey, OUB Centre, 1 Raffles Place, Singapore 0104 on Thursday, May 9, at 10am. Overseas Union Enterprise Ltd: 28th AGM at the Board Room, 45th Storey, OUB Centre, 1 Raffles Place, Singapore 0104 on Thursday, May 9
      200 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      158 22 BANKING, FINANCE INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the topics
      158 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes easier in subdued trading
      3226 23 Bernama SHARE PRICES in Kuala Lumpur yesterday closed narrowly easier in thin trading with some speculative interest in lower liners providing the main interest. Profit-tak-ing alternated with some bargain hunting activity, brokers said. The KLSE Composite Index closed 0.54 of a point lower at
      Bernama  -  3,226 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      542 23 RUSI N E S S TIMES: I 730-577 1/5772/5773 FAX: j THE COMPANIES ACT, CAP. SO VILINAGE ESTATE PTE LTD 4 (la Liquidation) At general meeting of VttXAGE 1 1 estate FTE LTD duly convened and I I held on die 30lh day of Aprfl.l99l the J 7ih/s announcement appears
      542 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end moderately lower in light trading
      2242 24 Reuter TOKYO stocks yesterday finished a quiet, themeless day moderately lower. A lack of energy after the long holiday weekend dominated, and dimmed hopes for a drop in interest rates also provided negative material. The Nikkei had a brief jolt due to program
      Reuter  -  2,242 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Light local buying sends shares up slightly
      1994 24 Reuter HONGKONG stocks ended marginally higher yesterday, spurred by light local buying and little else. Brokers said even Tuesday's talk that local tycoon Li Ka-shing was mounting a takeover bid against HK Land died away. "There seems to be strong support from local
      Reuter  -  1,994 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      28 24 Prices for Tokyo are provided by Telerate I. Prices for Hongkong are provided by Telerate Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      28 words
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  • REGIONAL STOCK MARKETS
    • Foreign buying keeps Aussie shares buoyant
      • Article
        AUSTRALIA
        819 25 AUSTRALIAN shares closed higher yesterday as Asian and European institutions bought leading stocks. Pruden-tial-Bache Securities broker Geott Wilson said foreign institutions are reweighting portlolios in favour ot Australia. Other brokers said lower inflation and interest rate trends are enticing toreign investors, while a strong performance by Australian stocks in
        819 words
      • Article
        BANGKOK
        951 25 THE BANGKOK stock index yesterday moved up after falling 27.94 points on Tuesday but brokers said the index was still on a downward trend since the market lacked positive fundamentals. The SET Index ended 8.61 points higher at 848.67 with turnover at 2.657 billion baht. "It is speculative investors
        951 words
      • Article
        TAIPEI
        496 25 TAIWAN share prices rose sharply at the opening yesterday but late selling pulled the Weighted Index down to close barely changed. Financial shares rose strongly but all other sectors fell, with textiles and electronics losing most. The Weighted Index ended 0.08 point higher at 6,172.65 compared to Tuesday's 6,172.57
        496 words
      • Article
        MANILA
        621 25 PHILIPPINE shares yesterday swung higher on investors' anticipation of a blue chip share offer, which inspired bargain-hunting in other stocks. The Composite Index advanced 12.54 points further past an immediate resistance level to close at 1.113.43. Brokers said Ayala Corp and subsidiary Ayala Property Ventures Inc lured buyers to
        621 words
      • Article
        SEOUL
        730 25 INCREASING worries over the social unrest depressed Seoul's stagnant stock market yesterday, pushing the Composite Index down for the fifth consecutive day. The stock index ended the day at 631.12, shedding 4.05 points from Tuesday. Turnover dropped sharply at 81 billion won against 108 billion. Losers outnumbered winners by
        730 words
      • Article
        NEW ZEALAND
        75 25 IN WELLINGTON, profit takers and a general absence of buyers yesterday took the share market down on lower volumes at the close for the first time in a week. However, brokers do not expect leading stocks to fall far before they again attract buying interest. The Barclays Index
        75 words
      • Article
        BOMBAY
        30 25 HEAVY buying by state-owned mutual funds helped Bombay share prices close mixed on Tuesday after the market opened weak. The Bombay Stock Exchange Index eased 0.38 points to 1,255.04.
        30 words
      • Article
        JAKARTA
        748 25 JAKARTA stocks fluctuated yesterday as brokers anticipated unimpressive first quarter results from many companies. The index closed 0.13 points higher at 406.65. "Foreigners always take their lead from (automotive and trading group) Astra. We're waiting for results but expect car sales to be low for the first quarter," a
        748 words
      • Article
        Untitled
        546 25 Close Previous May H JTSL.W.. ..Mr-. j«; All Industrials Index g +8 H All Resources Index ,,,34+49.36 Turnover (million) *38 ",11 Turnover (million baht) 2,65 WhARTA 406.52 +0.13 Composite Index W 1 113 4 1,100.86 +12 54 Composite Index 320.9 +121.4 Turnover (million) SEOUL 0 Composite Stock Index 631.1- Q7
        546 words
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  • WORLD STOCK MARKETS
    • Weak bond market hits Wall Street
      • Article, Illustration
        NEW YORK
        1306 26 NEW YORK stocks slumped on Tuesday in the face of weakness in the bond market, which feared the sheer size of the Treasury's US$37 billion bond refinancing. Program selling, particularly late in the day, contributed heavily to the decline. The Dow Jones Industrial Average of 30 blue-chip stocks
        1,306 words
      • Article, Illustration
        LONDON
        895 26 LONDON shares were marginally easier at midsession yesterday after a subdued morning. By 1145 GMT, the FTSE 100 Index was 2.9 points down at 2,537.6. The market was temporarily enlivened soon after the opening by the purchase of Occidental Petroleum's North Sea oil assets by Enterprise Oil and Elf
        895 words
      • Article
        AMSTERDAM
        344 26 DUTCH shares drifted lower in slow and thin early trading yesterday, taking a cue from a lower Wall Steet close and an easier start on the London Stock Exchange. Dealers said there was no real stimulus to do business yesterday ahead of the Ascension Day holiday today and with
        344 words
      • Article
        JOHANNESBURG
        396 26 THE JOHANNESBURG stock market was narrowly mixed yesterday morning in a quiet and cautious market as potential investors closely monitored political developments. Dealers said that despite concern about the current unrest in South Africa foreign investor interest remains apparent, as reflected in the recent strong gains in the financial
        396 words
      • Article
        STOCKHOLM
        77 26 IN STOCKHOLM, a decline in Ericsson shares led the bourse lower in a curtailed day of pre-holiday trading yesterday, which brokers said was nevertheless relatively busy and showed growing foreign demand. "I think it was quite okay, I saw some buyers," a Stockholm broker said. The General Index closed
        77 words
      • Article
        FRANKFURT
        268 26 GERMAN share prices slipped in early trade yesterday, but turnover remained thin with little pressure in the market on either the sell or the buy side. Traders said building company stocks slid in the pre-bourse after news the Soviet Union did not award any of the initial contracts to
        268 words
      • Article
        ZURICH
        280 26 SWISS shares opened lower yesterday following the 24-point loss in New York last night and the easier trend in Frankfurt's pre-bourse. The SMI Index of leading shares eased 9.0 points to 1,655.6 in early trading. Trading activity focused on shares in food concern Nestle, which yesterday said its group
        280 words
      • Article
        PARIS
        264 26 THE ONSET of holidays stifled trade on the Paris bourse on Tuesday, which ended barely changed after a day of little volatility. The bellwether CAC-40 Index closed up 1.41 points or 0.08 per cent at 1,830.18 on paltry volume of 1.3 billion francs. "It's dismal," commented a dealer. The
        264 words
      • Article
        TORONTO
        257 26 IN TORONTO, nervousness over the US Treasury refunding after only mild demand for three-year notes sent stocks on Tuesday sliding in late trade to close at session lows. "The auction went pretty well as expected but the bids were a little on the low side," a trader said. The
        257 words
      • Article
        Untitled
        283 26 May 7 Close Previous NEW YORK Dow Jones 2,917.49 2.941 64 -24.15 NYSE Financial 151.56 152.31 -0.75 SAP 500 377.32 380.08 -2.76 Turnover (million) 153.3 128.4 +24.9 LONDON Financial Times 30 1,989.7 1.973.9 +15.8 FTSF. 100 2,540.5 2.522.7 +17.8 Turnover (million) 431.2 452.7 -21.5 AMSTERDAM CBS Tendency Index 94.6 95.1
        283 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      33 26 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. Innovation Technology' in BT on Tuesday 1
      33 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Forex trading in world markets subdued on lack of leads
      1152 27 REPORTS ASIA TOKYO: THE DOLLAR yesterday closed barely changed against the yen, and firmer against other major currencies after fluctuating narrowly in a subdued session, traders said. "The market repeated narrow range trading here today, without any marketmoving incentives," said
      1,152 words
    • Article
      Lock icon Caribbean nations moving soon on monetary union
      349 27 Reuter CARIBBEAN nations are likely to take their first step towards monetary union within a year as part of a drive to strengthen their economies, the chairman of a regional commission said. "The mood is good. I think we can begin to take
      Reuter  -  349 words
    • Article
      Lock icon Go easy on reform, Bundesbank urged
      138 27 Reuter PROPOSALS that would radically alter the shape of the Bundesbank should be rejected in favour of a compromise keeping the central bank structure essentially intact ahead of European monetary union, said Norbert Kloten, a member of the Bundesbank's policy-making council. Mr Kloten is
      Reuter  -  138 words
    • Article
      FINANCIAL FUTURES
      1141 27 SI E EX T "1" M Open High Low Sett Est Vol Op/lnt Vol Jun 9 93.87 93.88 93.87 93.88 1600 ***** 2218 Sep 9 93.66 93.66 93.64 93.65 4395 9605 2600 Dec 91 93.16 93.19 93.15 93.17 1500 ***** 1022 Mar 92 92.89 92.89 92.87A 92.88 1098
      1,141 words
    • Article
      INTERBANK FOREX RATES
      393 27 Cross rates May 8 I USS SS MS Dm Yen SFr AS NZS USS 1.7655 2.7570 1.7200 137.95 0.5800 1.4555 1.27% 1.6992 SS 0.5664 1.5616 0.9742 0.7814 0.3285 0 8244 0.7248 0 9625 MS 0.3627 64.04 0.6239 0.5004 0.2104 0.5279 0.4641 0.6163 Dm 0.5814 1.0265 1.6029 80.20
      393 words
    • Article
      MONEY MARKET
      571 27 Interbank rates SS J?*__ Offer Overnight 4 4 1/4 1-month 4 7/8 5 2-month 4 15/16 5 1/16 3-month 5 5 1/8 Overnight mode: 4-13/16 LSS Bid Offer 7 days 5 7/8 6 1 month 5 15/16 6 1/16 2 months 5 15/16 6 1/16 3 months 5
      571 words
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  • COMMODITIES
    • Article
      Lock icon M'sia aims to be regional cocoa processing centre
      328 28 Reuter MALAYSIA, the world's fourth largest cocoa producer, is shifting its focus from emphasising high output to production of quality beans, and plans to become a regional cocoa processing centre, deputy director of the Cocoa Board Mohamad Musa Mohamad Jamil said. "We
      Reuter  -  328 words
    • Article
      Lock icon Iraq seeks moratorium on war reparations
      306 28 Reuter IRAQ estimates its oil exports at two million barrels per day (bpd) in 1992 and 2.95 million bpd in 1995, and its oil revenues for the five-year period 1991-1995 at 20 billion dinars (about Ssll4 billion). The figures were contained in a letter
      Reuter  -  306 words
    • Article
      Shortcovering pushes tin price up 44 sen
      798 28 REPORTS THE PRICE of tin rose 44 sen to M$ 15.53 per kilogramme on shortcovering activities on the Kuala Lumpur Tin Market yesterday. Dealers said the stronger market was in line with the higher London Metal Exchange overnight. The LME was up by
      798 words
  • Article
    PRICES
    1385 28 Rubber May 8 IMS (teb hi b«te»> S ccnts/kg Noon Close Int I RSS Prompt 143.50/144 50N 143.50/144 50N Int I RSS June 91 145.50/146.00 145.50/146.00 Int I RSS July 147.00/147.50 147.00/147.50 Int 2 RSS OP 141.50/143 50N I41.50/I43.50N Int 3 RSS OP 137.00/139 .OON I37.00/I39.00N Int 4 RSS
    1,385 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      757 28 BUSINESS TIMES TELEPHONE: 730 5771/5772/5773 FAX: 734-4982 FOR LEASE IOOEUTONGSEN A refurbished 8-storey office building Excellent location Next to OutraETi Park MRT Station Various office sizes up to 30,000 sq ft Ample carparking Business Centre with full facilities Sole Marketing Agent ESSSSSSSSSS9 *****12 >1 11 Collyer Quay #13-01 The Arcade
      757 words
    • Advertisement
      Page 28 Advertisements Column 2
      329 28 n The Matter of The Companies Act Cap. 50 And In The Matter of IPPF (ESEAOR) LIMITED (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 220 Orchard Road #05-01 Midpoint Orchard Singapore 0923 on
      329 words
    • Advertisement
      Page 28 Advertisements Column 3
      11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1098 29 City FHgM ETA FNgM ETD j I Aba Dfcatt GA975 1300 GA894 2340 GA887 1225 2 Adalaida SQ228 1905 QF5 2000 2 AmtanUm SQ23 0715 KL838 2115 GA975 1300 GA894 2340 KLB37 1415 SQ24 2355 Atkaw 2 Auckland BA11 1225 SQ325 2115 B Sari k|MM BJ095
    1,098 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Dallas fans flock to Texas ranch
      677 29  -  LETTER FROM TEXAS By Mike Clancy SOUTH FORK Ranch, for 11 years the film set tor Dallas. still draws fans by the score despite being closed since January and despite the demise of the popular television soap opera. Southfork's owners defaulted on their mortgage
      677 words
    • Article
      MONEY CHANGER RATES
      153 29 As at 3pm yesterday: I,ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.375 1.395 Canadian dollar 1.520 1.540 NZ dollar 1.028 1.063 Sterling pound 3.038 3.058 US dollar 1.7630 1.7730 Ixxml dollars to 100 units of foreign currency Austrian schilling 14.40 15.40
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      84 29 Duration Title Venue Organiser Tel May 1991 Expoedit-Copia 91 Milan Trade Associazione 02/*****04 Fair, Italy Promozione Most re May 6-9 Offshore Houston Offshore (1)********** Technology Technology Conference Conference May 6-12 International Plovdiv, Foire Interna- **********6 Consumer Goods Bulgaria tionale De Exhibition, Plovdiv Machines Technologies for their Production
      84 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      40 29 Zurich fly to Europe with Finnair. (And the not so well-off too.) Because Finnair flies a superb twice-weekly route from Singapore to Helsinki and then over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
      40 words
    • Advertisement
      Page 29 Advertisements Column 2
      88 29 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      281 29 ACROSS fi p~~| p-~| f~~\ BHH n r~ 1 Clothes in a cupboard (8) Lmm 5 Moneypenny perhaps a IH. distinguishing title (6) 9 1 9 Dismal waste! (8) Smithy right for a counter- jj^ 11 Lift a muscle (8) 11 12 Girl with a bed on board mmt wmm
      281 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      213 29 Singapore Outlook: Showers over many areas in the late afternoon and early evening. Forecast: Maximum temperature 31.1 Assoc humidity 69% Minimum temperature 25.6* C Assoc humidity 98% Hours of sunshine 3.80 Rainfall in mm Trace Rainfall this month 89.1 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      14 29 (MftVC A MCE P»Y OF wSm^m PLOOJ 1 9422 EVENING STANDARD CO. LTD- 19»2-IWI
      14 words
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  • Article
    North Sumatra plans to woo European, Asian investors
    661 30  -  From Maggie Ford in JAKARTA BUSINESSMEN in North Sumatra, backed by the Indonesian Chamber of Commerce (Kadin) and local government officials, are to launch an investment drive targeted at European and Asian companies to speed up industrial development in the province. The
    661 words
  • Article, Illustration
    Lock icon China needs help from its neighbours
    252 30  -  BG Lee's visit to China From Lilian Ang in BEIJING CHINA needs help, especially from neighbouring countries in South-east Asia, although much of the effort to restructure the economy should come from within the country. This was a key message which emerged from Deputy
    Photo by Wong Kwai Chow  -  252 words
  • Article
    Sembawang's China joint venture brings in US$87m deals
    264 30 CATIC-SEMBAWANG Aircraft Development, the Sembawang group's joint venture with the Chinese, has secured contracts worth US$B7.5 million (S$ 154.9 million) barely four months after it began operations. Encouraged by its success, the listed Sembawang group is making plans to widen the cooperation
    264 words
  • Article
    EDB is govt agency for investments in Pudong
    215 30 THE Economic Development Board has been appointed as the government I agency which will pave the way for Singapore investments in Shanghai's Pudong region. Deputy Prime Minister Brigadier-General Lee Hsicn Loong yesterday said that the statutory board will be asked to organise
    215 words
  • Article, Illustration
    The business of nationhood
    775 30  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer, a BT senior correspondent, is also a pro-tem committee vice<hairman oj the Association of Muslim Professionals A PARTNERSHIP between a Chinese-owned business group and a Malay company? Mana boleh? Mana boleh is a standard, knee-jerk
    775 words
  • Article
    Lock icon Paris seeks to counter Japanese dominance in S E Asia
    250 30 Reuter FRANCE, determined not to let Japan overrun South-cast Asian economies, will fight to promote investment in Indonesia and its neighbours, French Industry Minister Roger Fauroux said in Jakarta yesterday. "We are determined not to leave free room just to
    Reuter  -  250 words
  • Article
    Lee in Japan for symposium and talks
    175 30  -  From Koichi Ishiyama in TOKYO SENIOR MINISTER Lee Kuan Yew arrived here yesterday to attend a symposium and to have talks with political and business leaders. Mr Lee's five-day visit to Tokyo, though a private trip, is expected to touch upon various aspects
    175 words
  • Article
    Lock icon HK railway issues bond to mature after 1997
    242 30 Reuter HONGKONG'S publiclyowned underground rail system, the Mass Transit Railway Corp (MTRC), is borrowing money on the international market with a bond that will mature after the British colony reverts to Chinese sovereignty in 1997. The MTRC said in a statement yesterday
    Reuter  -  242 words
  • Article
    Lock icon Lamont sees 2.5 pc growth
    90 30 AFP THE BRITISH Treasury is anticipating average real growth in excess of 2.5 per cent per year over the next five years. Chancellor of the Exchequer Norman Lamont said yesterday. \lr I-aniont's remarks in an interview with the BBC came as he was criticising public
    AFP  -  90 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      126 30 Nikon The World's Finest Photographic Systems ■Br %>f y JB' Jr-' 'ft fl v ujHa^J K h .Jl Hi IPWSIiS K jj^^v HK ■'fimKm '.lb' Dauphin Sitzkultur Your rackbone is where you feel YOUR COMPANY'S ATTITUDES. k We want to inspire people with chairs which display corporate identity: The superb,
      126 words
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      Page 30 Advertisements Column 2
      6 30 Nikon The World's Finest Photographic Systems
      6 words
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  • Shipping Times
    • Article, Illustration
      FELS clinches $440 m Brazilian contract
      398 31  -  Shipyard to build floating production platform for Petrobras By Dexter Lee AFTER MORE than half a year of negotiations. Far East Levingston Shipbuilding (FELS) has finally clinched a US$25O million (Ss44o million) floating production platform contract from Brazil's state-owned oil company, Petroleo Brasileiro (Petrobras).
      398 words
    • Article
      UASC starts feeder link from UAE to Kuwait
      391 31  -  By Selva Kumar SHIPPING services to Shuaiba port in Kuwaiti have resumed with the introduction of a joint feeder link by the United Arab Shipping Corporation (UASC) and USbased Sealand Service. The joint service will be from the United Arab Emirates ports
      391 words
    • Article
      Lock icon Kuwait tells airline to restrict tickets for Iraqi sympathisers
      363 31 Reuter KUWAIT'S Interior Ministry has told the state-owned airline to restrict ticket sales to Palestinians, Iraqis and citizens of seven other countries seen as sympathetic to Baghdad during the Gulf War. A letter from the ministry, dated May 5, to the
      Reuter  -  363 words
    • Article
      Lock icon PNG govt orders investigation into Air Niugini
      278 31 AFP THE government of Papua New Guinea will investigate the affairs of the country's national airline. Prime Minister Rabbie Namaliu said after MPs suggested that it stood to lose US$lO million (Ssl7 million) this year. Masket langalio, a former chief executive of the
      AFP  -  278 words
    • Article
      Sime Sembawang wins its third safety award
      274 31  -  By Magdalene Phang SI ME SEMBAWANCi Engineering Sdn Bhd, a joint venture between Singapore's Sembawang group and Malaysia's Si me Darby, has won an award from Pctronas C'arigali for its safety record during the fabrication of the Dulang A and B jackets. Pctronas
      274 words
    • Article, Illustration
      Jakarta bans import of vessels which can be built locally
      256 31 THE Indonesian government will no longer allow the import of fishing and cargo vessels which can be built by domestic shipyards, reports the Jakarta Post. State Minister for Research and Technology BJ Habibie said in Manado, North Sulawesi, on Friday:
      256 words
    • NEWS SUMMARY
      • Article
        Blueprint to revive Nedlloyd fortunes
        34 31 TORSTEIN HAGEN'S restructuring plans for the giant Dutch transport company is appearing more attractive to the company's shareholders, worried about the prospect of another vear of losses. Page 2
        34 words
      • Article
        Airbus denies getting production subsidies
        36 31 AIRBUS Industrie has rejected claims by Boeing Co that it receives subsidies for its aircraft production or that it has given financing to American customers with European government support. Back Page
        36 words
      • Article
        Court overturns damages against KAL
        50 31 A US APPEALS court has set aside a US$5O million award against Korean Air Lines arising from the 1983 Soviet downing of an airliner. The court said the Warsaw Convention does not provide for punitive damages for deaths arising from international airline disasters Back Page
        50 words
      • Article
        VW reports 2.1pc rise in profits in quarter
        49 31 GERMAN carmaker Volkswagen AG, which reported a 2.1 per cent rise in group net profit to 195 million marks in the first quarter, is optimistic that earnings for the full year also would show an improvement from last year Back Page
        49 words
    • Article
      Lock icon Imported car sales fall for fourth consecutive month in Japan
      266 31 AFP IMPORTED vehicles sales in Japan in April fell 12.8 per eent from a year earlier to 17.569, registering the fourth consecutive monthly year-on-year decline, the Japan Automobile Importers Association said in Tokyo yesterday. Association officials attributed the continued fall
      AFP  -  266 words
    • LOG BOOK
      • Article
        Telecom adds two more international services
        79 32 SINGAPORE TELECOM has added two more international telephone services to its range of facilities. SingaporeDlßECT is now available from Bahrain. Travellers in Bahrain can just key in *****6 from any telephone or 10# from specially designed telephones located at hotels, clubs, the Bahrain International
        79 words
      • Article
        Collision near Brazilian port
        65 32 PANAMANIAN ore/oil carrier topaz and Brazilian bulk airier Irapua collided near the Brazilian port of Vitoria, I loyd's Shipping Intelligence Service said on Tuesday. I loyd's said the 138,842 dwt Topaz was drifting when it was in collision with the 11,188-gross-ton Irapua, damaging the other ship's
        65 words
      • Article
        Crude oil interruptions
        46 32 INTERPROVINCIAL Pipe Line Co will complete a schedule of crude oil interruptions on its pipeline from Ncche, North Dakota, to Superior, Wisconsin, in a few weeks, a spokesman said. The interruptions are necessary this summer to complete hydrostatic testing on the 34-inch line.
        46 words
      • Article
        Bangladesh investigation
        41 32 A BANGLADESH government court of inquiry is to investigate the cause of damage to several military aircraft and naval vessels in the south-eastern port of Chittagong, according to an official announcement carried Monday by the official BSS news agency.
        41 words
      • Article
        Vessels sunk by cyclone
        64 32 1 Ht; Panamanian-registered Pent as Fortune, 9,909 dwt, and the Bangladeshi Khalilsons were among the vessels sunk by the cyclone that struck Bangladesh last week, Lloyd's Shipping Intelligence Service said. Among vessels damaged are the Panamanian-registered Hang YVan, 9,804 dwt, and the Bangladeshi Banglar Baani, 15,088
        64 words
      • Article
        Tenneco files suit against govt
        36 32 I ENNECO Inc's Newport News Shipbuilding division said it filed suit against the US government to block the Navy's award of a US$6l4 million submarine contract to rival General Dynamics Corp.
        36 words
      • Article
        Rail cargo to Iran
        49 32 PAKISTANI Railways will carry cargo from the port of Qusim to the eastern Iranian town of Zahidan, a senior Pakistani official said. The official APP news agency quoted Railways Ministry secretary S R Pooncgar saying that Qasim had the capacity to handle the Iranian cargo.
        49 words
    • Article, Illustration
      Lock icon Blueprint to revive Nedlloyd fortunes
      1011 32 Torstein Hagen's restructuring plans for the giant Dutch transport company is appearing more attractive to the company's shareholders, worried about the prospect of another year of losses Mariner of International Transport Journal IT IS THE lack of immediate relief that, to its shareholders, is most
      Mariner of International Transport Journal  -  1,011 words
    • Article
      COCKETT BUNKER MARKET REPORT
      851 32 THIS twicc weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      851 words
    • Article
      DAILY FREIGHTS
      1385 32 ACTIVITY in the physical freight market on Tuesday surged as operators returned from the UK Bank holiday and bringing a steadier undertone, especially in time-charters, brokers said. Trans-Pacific time-charter business was l-i isk and a capesize vessel on a Japan/Austmlian trip with redelivery Antwerp-Ham-burg was booked at US$l4,OOO.
      1,385 words
    • Article
      THE SHIPPING GUIDE
      12039 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure trom the Port of Singapore. Advanced dates are published for a maximum
      12,039 words
    • Article
      SHIPPING AGENTS
      3295 45 Containerline NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pie Ltd (S). Alfred
      3,295 words
    • Article
      COURIER SERVICES
      249 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax. *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster Unk Supplies Services Tel:
      249 words
    • Article
      AIR FORWARDERS
      1515 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,515 words
    • Article
      PORT CONDITIONS
      1270 46 ARGENTINA Buenos Aires: Port almost full with most general cargo berths busy; no vessels on roads. Gantry crane operations are somewhat erratic due to a conflict amongst the unions involved in the manning of these cranes. San Lorenzo: Five vessels in port of which 4 loading grain, 1
      1,270 words
    • Article
      AIR FREIGHT SCHEDULE
      463 46 ARRIVALS Op High! Type ETA T From TODAY KAL KE697 B707F 0150 1 SEL NCA KZ203 B747F 1930 I NRT KAL KE685 A.30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 1 TYO NWA NW901 B747F 1735 I ORD/ANC/NRT SIA SQ821 B747F 1755 2 LON/DXB NCA KZ203
      463 words
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      CRUISE & FERRY SCHEDULES
      282 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA El L) Ports of Calls Port Agent MAY 09 09 Ocean Pearl 0700 1800 Bali-Sin-Jakarta Reefer Lines 10 10 Cora Princess 1000 1800 J akarta-Sin-J akarta Sembawang Johnson 10 11 Archille Lauro 0800 0800 Bali-Sin-P LouisLN Shipping Durban 14
      282 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      685 46 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLO FOR FURTHER TRADING Bulk carriers El Aalim (75,524 dwt. built 1983), El Amaan (75,686 dwt, 1983) and Gulf Steel (75.485 dwt, 1983), and Gulf Grain (75,485 dwt, 1982): sold en-bloc to a Swiss concern for USSS6 million. Pantokrator 54,311 dwt and built
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    • Article
      Lock icon WEEKLY FREIGHTS
      478 46 AFP VARIOUS holidays around the world saw freight rates ease in quiet trading over the past week in London. However, indications from Washington that the United States was favourable to granting credits to Moscow despite the political and financial crisis gripping the Soviet Union helped to limit losses
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    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        712 47 Vessel Voy No Berth Arrival Departue Vessel Voy No Berth Arrival Departure Keppd Wharves Bath long 6 2/91 K30 09 05/0600 Kota Petani E894 HJ1 alongside 0805/2359 Kota Pusaka W636 K32 alongside 0905/0600 Ve la 2A K34 alongside 08 05/2300 Bath Dang 2 1/91A K29 08 05/1500
        712 words
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        CONTAINER SCHEDULE
        1172 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsfts Ship Voy No Etb/Btr Period From To From ACX Rose 13 10/0100 1 08/1500 08/1659 08/1900 3 09/0700 09/1159 09/1400 "Mat* 55 10/0800 1 08/1500 08/1659 08/1900 2 08/1/00 09/0659 09/0900 3 09/0700 09/1159 09/1400 Anson *****N
        1,172 words
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        IN MALAYSIAN PORTS
        217 47 Penang Port Berth in Butterworth on May 8: 1: Kai Heng; 2: Million 111. Myoma Ywa; 3: Pelego Iso; 4: nil; 5: Petopor; 6: Gulf Bridge. Penang Wharf; NB: ml; CB: ml; SB: ml. BCT: Bl: Xin Hua 9; 81l Gloria; l/B: Ya Hod. VOIP; ml Oue
        217 words
    • Article, Illustration
      Lock icon Airbus denies getting production subsidies
      317 48 Reuter AIRBUS Industrie has rejected claims by Boeing Co that it receives subsidies for its aircraft production and that Airbus has given financing to United States customers with European government support. Britain's Financial Times newspaper quoted Boeing chairman Frank Shrontz in its Tuesday edition as
      Reuter  -  317 words
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      Lock icon Court overturns damages against KAL crash
      318 48 Reuter A US APPEALS court on Tuesday set aside a US$5O million (SsBB million) award against Korean Air Lines arising from the 1983 Soviet downing of an airliner with 269 people on board. By a 2-1 vote, the court said the Warsaw Convention, the
      Reuter  -  318 words
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      Lock icon Virginia Shipyard files lawsuit over losing Seawolf submarine deal
      249 48 AP THE Newport News Shipbuilding and Dry Dock Co has filed a lawsuit challenging its loss of a Seawolf submarine contract to a Connecticut shipbuilder, shipyard officials said on Tuesday. The suit, filed on Monday in US District Court in Norfolk,
      AP  -  249 words
    • Article
      Lock icon 191 rescued, 71 still missing in Peruvian river accident
      410 48 Reuter RESCUERS have found 191 survivors of a riverboat accident in the swirling waters of an Amazon tributary but were losing hope for up to 71 people trapped when the vessel sank, Peruvian officials said in Iquitos on Tuesday. Two bodies,
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    • Article
      Lock icon VW reports 2.1pc rise in profits in the first quarter
      593 48 Reuter GERMAN carmaker Volkswagen AG said the quality of its earnings in the first quarter of 1991 had improved and it was optimistic that earnings for the full year also would show an improvement in quality from last year. Although
      Reuter  -  593 words
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      154 31 S| SWEE HENG METAL CO PTE LTD I No 13, Tuas Avenue 14J5PQRE 2263 FAX 861 2946 f**- TEL 861 -5655 (5 USA Sole Agent TLX RS *****SHMCPuHSm Commercial Cleaning I mmmmm A Equipment Industrial Maintenance Also buy .sell rental repair Air Forwarders 15 Ak Freight Schedule 16 Cockett Report
      154 words
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      2411 33 JAROINE SHIPPING AGENCIES IMO 200 Cantonment Road #12OS Southpwnt, Singapore 0208 \lll#r th telex no rs ?«m MCTmH TERMINAL,CFS Tel *****18 220 rCaofll BOOKINGS TH *****34 258 L \Ww A ffSAKA JAROINE SHIPPING AGENCIES KELANG TEL: *****18 TELEX MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****b K» OucllilV
      2,411 words
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      Page 33 Advertisements Column 2
      903 33 INDEX TOfIDVERTISERS I Pagi- Col I'*** Col #T MacoJine 9 4/5 Maersk Line 3 4/5 MISC 14 1-3 ABC Containerline 12 I M'sia Shpg Corp 9 1/2 Accord Group 8 1-3 MefCury Line 2 2 Albatros&a-A.r MOL 8 4,5 API s MOSK (Forest) 5 5 apt i n ii <
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      2004 33 ■Dim™ TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/SOUTHAMPTON 17 DAYS ETD WEEKLY THURSDAY AND SUNDAY SINGAPORE/ANTWERP 17 DAYS Vessel Voy ETA I ETO 'Port 'Penang DESTINATIONS Singapore Kelang This week Lmdoe Mae'sk 9106 Feeder by cv ws oeoo hrs Pinio CFS 13/5 2359 MRS OAK LGB MOU MEM ATL MIA
      2,004 words
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      Page 34 Advertisements Column 1
      1268 34 Irottedam/ VOY NO SPOHE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HONGKONG EXPRESS 01/118 11/5 1/6 30/5 29/5 KAGA 18/318 12/5 29/5 31/5 3/6 4/6 KURAMA 10/119 16/5 6/6 4/6 3/6 ALL WESTBOUND P FRANKFURT EXPRESS 56/319 19/5 5/6 7/6 10/6 11/6 KELANG A PENAN6 CARGO TOKIO EXPRESS 99/120 23/5 13/6 11/6
      1,268 words
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      Page 34 Advertisements Column 2
      617 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 26/5 10/6 12/6 18/6 ALSO ACCEPTINC CARCO VIA SUVA TO LAUTOKA. PAGO PACO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX SAI (PERU! ISLA FLOREANA 2206E 26/5 1/7 2/7 5/7 7/7 8/7 Agents SINGAPORE: *****11 Jardine Shipping
      617 words
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      Page 34 Advertisements Column 3
      1481 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE T~ VSL/VOY SIN ALG BCL HAM BRE ROT ANT PEL LHA (VIA (VIA (VIA ALG) HAM) ROT) 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 25/05 13/06 14/06 17/06 18/06 19/06 20/06 21/06 22/06 JAPAN
      1,481 words
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      Page 35 Advertisements Column 1
      2177 35 SjgSteamers Maritime Holdings Ltd iDV STRAITS SHIPPING URfL C J Singapore tt BruMi, East Malaysia, Containers mUm Yc* No Peni Phi S'pure Aig Sou Ant Rot Htjf ACCEPTS DUE SAILS LAiJS MAeHSK 9106 04.05 06,05 09,<6 2305 26«5 2705 29,05 CARGO TOKYO BAY 0520 0405 06.05 12,05 2805 »<O5 0106
      2,177 words
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      Page 35 Advertisements Column 2
      2316 35 TO: U.S.Aj'PANAMA FM: U.S.A./PANAMA SP OAK LU CHI roe SAV NOD ntc n»c nor sav cri lcb oak sp CHOYANC SUCCESS CF HI 11/5 St 7/1 ISt 21/t 124 a,i 2i\ CHOYANC FRONTIER DA 113 27/3 M|3 31/3 i< 14/4 IV4 12,5 GERMAN SENATOR £F 111 lAS 12,4 144 23/1
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      Page 35 Advertisements Column 3
      387 35 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR YOKOHAMA ASEAN TRADER VlO ETA SPORE 11/5/91 ETA KUANTAN 13/5/91 LOADING FOR SENBOKU/NAGOYA/ YOKOHAMA COSMIC PIONEER Vl3 ETA SPORE 16/5/91 COSMIC TRADER VlB ETA SPORE 26/5/91 LOADING FOR BANGKOK M.V. TRONO V 76 ETA SPORE 13/5/91 ETA BANGKOK 16/5/91 NOTE ALSO CALLING OTHER JAPANESE
      387 words
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      Page 36 Advertisements Column 1
      673 36 Sana CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY [SPORE RDAJWADAM H BURG BREMEN ANTWERP KUTAI72WB 10/5 14,« 20/6 25/6 30/6 MATARAM29KB 10/6 14/7 21/7 26/7 29/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sut>|*cl to Inducement Also accepting cargo lo Casablanca. Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTING
      673 words
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      Page 36 Advertisements Column 2
      923 36 at 3fc HANJIN SHIPPING I FEEDER VSL I SIN LINE HAUL LAX OAK HANJIN SEATTLE OltE U/5 DIRECT »/5 1/6 HANJIN HAMBURC '30bt 19/S DIRECT 10/t 12/ i HANJIN KAOHSIUNC OWE 23/5 DIRECT 12/t 15/6 _NB T/S AT PUSAN FEEDER VSL SIN LINE HAUL SEA VCR S port H Kong
      923 words
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      Page 36 Advertisements Column 3
      1259 36 It iukilt acne* Ti !2P S£ «c S SEJ "C* SMZ TYO LA* CHS BAL NYC LHV AN* ROM THP HBC PSO CMB PKL SG»> I r IVS \tl nl M* "'1 23* 2/7 3/7 4/7 *7 7/7 17/7 27/7 31/7 I* I f Smt.v 2* 15 ,25 W M(7
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      Page 37 Advertisements Column 1
      2038 37 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 liWrtSp m JV TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT *****53/*****04 NEPLINE SDN BHD MALAYSIA K
      2,038 words
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      Page 37 Advertisements Column 2
      1070 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES DISCHARGING FROM EASTBOUND LOAtXNG FOR WESTBOUND TRANSHIPPED AT ROTTERDAM^ vessels voy |s!5 |sla mkc voy
      1,070 words
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      Page 38 Advertisements Column 1
      1720 38 K. 4 V- AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: 12U*****00M* W w TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 W W IVI MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD V M IV TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 MM SwASTkI iSST K«S* ,7 T a INDONESIA:
      1,720 words
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      Page 38 Advertisements Column 2
      752 38 PHIU-ORICNT UNCS PTC LTD 108 ROBINSON ROAO *07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY air, land or sea... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 13 MAY MONTREAL, OTTAWA/TORONTO, 17 MAY DUBAI. DAMMAN, SHARJAH, DOHA, rfSApPc^TnN
      752 words
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      Page 38 Advertisements Column 3
      416 38 GOLDEN LINE GUAN guan shipping IPS>X\ (PTE) LTD 1 23, Telofc A»er Street SINGAPORE 0104 TEL: *****8$ (10 LINES) Fax: *****04 (CR No **********0W) mUUT«/FKK»IAN CULT MtHVICK S'pore P. Keiang Penang GOLO£N BEAR Cotombo Karactii/Dubai 20(22 May GOLDEN HARVEST Colombo Karachi Dubai M Jun china mviq I QING FENG ERHAO
      416 words
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      Page 39 Advertisements Column 1
      1705 39 ==SajPfl PACIFIC INTERNATIONAL LINES (PTE) LTC *****52? B mli PIL Building. 140 Cecil Street #03-00, Singapore 0106. f JAKARTA "1 (BANGKOK ~1 VESSEL VOV SIN JKT SIN WGENUITY 132N fo'/S U/5 BUNGA TERATAI 193 14/S 16/5 20/5 KOTA PANJANG 9113 11/5 14/5 19/5 EDEN 191 14/5 16/5 21/5 KOTA BINTANG
      1,705 words
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      Page 39 Advertisements Column 2
      1142 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Delft 138 9/5 26/5 27/5 29/5 30/5 Nedlloyd Houtman" 136 9/5 31/5
      1,142 words
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      Page 39 Advertisements Column 3
      562 39 Mgk MYANMA PHflflk nVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg MERGUI VIOSW 11/13 May PATHEIN mm 15d8 May HPA-AN Vl63# 22/25 May PAGAN VIO7W 25/28 May THE BANK UNE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT
      562 words
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      Page 42 Advertisements Column 1
      731 42 TO AUSTR/TLIA/NEW ZEALAND pit fiiii jFrem Meib fSyd lAjch [~NPE |P CHALM ELLEN HUOIG 2?0 7*5 2lji 2*5 »S iH W BRUSSU 2/1 Hi i 6 M/ 6 1« m 21* 2M C VERCLME ?72 UA "St Si 2t6 Hi *7 ANTWIRPEN 273 2*6 17 I*7 HJ? W 23/7 TO
      731 words
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      Page 42 Advertisements Column 2
      904 42 EXPORTS TO HONGKONG, TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TYO SM2 NGO KOB VOY SIN PKL PNC BLW SIN ACX ROSE 13 115 *4.5 io~S~ 17.5 21 5 22 523 5 ACX ROSE 13 10 5 115 i ACX
      904 words
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      Page 42 Advertisements Column 3
      235 42 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 2. SHAN 10/6 Lagos, Matadi A. VSL 11/5 Madras EXPRESS CONVENTIONAL SERVICE Vessel SIN Loading for A.
      235 words
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      Page 42 Advertisements Column 4
      1519 42 /Ife fID It" CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE m T XJ OSHI 2. MISTRt ROAD. HMC BUILDING FAX: *****66 #15-00. SINGAPORE 0207 CAB LE: COSTARLINE CR NO: **********0 M General Agents: COBTAR SHIPPING ri»» LTD TO HONGKONG AND CHINA AND CHINA VESSEL/VOY SCP HKC SHA XIN HPU
      1,519 words
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      Page 43 Advertisements Column 1
      1036 43 UKC COMVPmOWAI »EKVICE Vessel PKL PNG P G Loading for A VESSEL 28(04 Rotterdam Antwerp CHINA FULL CONTAINER »E»VICE Vessel SCP PKL BHK HKG QIN SHA YANGFANGKOU 1« 01,5 !94 0715 12,'b 16/5 YANGFANCKOU 151 01/S 29/5 07/S 12/6 16/6 Also accepting other Chinese oorts via HKG AUITtAUA nm CONTAINM
      1,036 words
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      Page 43 Advertisements Column 2
      337 43 IfJS RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) FAX: *****15/*****03 pi TELEX: RS ***** RISHIP (3 Lines) pifrA ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEI VOY ETA |LOADING FOR SPORE ABDAY WONZ 30 05 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 2WB
      337 words
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      Page 43 Advertisements Column 3
      586 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE JADE 25/5 Loading lor Male IRUVAI HUDHU 25/5 Loading tor Calcutta DOLPHIN 12/5 11/5 Loading For Bangkok PIONEER SUPREME In Port Loading For Male DONAKULHI 25/5 Loaded For Feliwaru PROGRESS LIBERTY 6,<6 Loading for
      586 words
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      Page 43 Advertisements Column 4
      747 43 SYDNEY/MELBOURNE BANGKOK VESSEL VOY SPORE SYD Kt VESSEL' VQT SINGAPORE BANGKOK PIYA BHUM 0704 M-15/5 27-29/5 31 2/6 BENJA BHUM 54N In Pt 9/S Sun 12/5 PtANETA 0849 3 4/6 16 18/6 20-22/6 NANTA BHUM 40N Sat 11/5 Tue 14/5 PIYA BHUM 0905 14/6 27/6 1/7 OEJA BHUM# 10N Sun
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      Page 44 Advertisements Column 1
      1471 44 A MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 j PENANG TEL (04) *****6 KK iTEL (088) *****0 TAWAU TEL (089) 7786/9 P KELANG TEL; (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 J BAHRU TEL (07) *****2 SIBU (TEL (084) *****2 SARIKEI TEL (084) *****8 I—,V/1 ,V/
      1,471 words
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      Page 44 Advertisements Column 2
      387 44 If 7» BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NKAV PLYMOUTH PORT CHALMKRS ACCEPTING FCI. I.C'I. FOR I AUCKLAND. NAPIER, WELLINGTON. BLUFF. lIRISTCHURCIL DUNEDIN, I.YTTKLTON. INVERCARCiIL, FIJI ANI) TAHITI SIN N PtY AUCK l*T PROSPECT 12S 11 Ma* 18 May Via
      387 words
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      Page 44 Advertisements Column 3
      1057 44 /SS\ THONG SOON LINES PTE. LTD. XX 1 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL yOY I ETA
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      Page 46 Advertisements Column 1
      157 46 [WjT SIGNIFICANT SHIPPING CONSOLIDATION SERVICES DUBAI, BAHRAIN. DAMMAM, MUSCAT. ABU DHABI. DOHA. SHAFUAH. BANDAR ABBAS AND JEDDAH. SYDNEY. MELBOURNE. FREMANTLE. ADELAIDE ETA SIN 17/ MAY, 30/ MAY PIRAEUS. LIMASSOL, TRIPOLI/LIBYA, TRIPOLI/LEBANON, BEIRUT/OUZAI, ISTANBUL. IZMIR. TUNIS. I MALTA/VALETTA, LATTAKIA. ADEN. BENGHAZI. ALEGIER, ALEXANDRIA. P. SAID AND P.SUEZ. ETA SIN 20/ MAY,
      157 words
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      Page 46 Advertisements Column 2
      7 46 Advertising Marketing every Thursday in Business Times
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      Page 47 Advertisements Column 1
      217 47 BANKING, FINANCE AND INSURANCE 1991 0 A Business Times Special Supplement The theme for this year's supplement is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among
      217 words
  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      313 47 "™"™^DES7ND^VEATHE?" TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 *****400 *****600 1700 1800 1900 2000 2100 2200 2300 )R 14 1.4 1.5 1.7 19 2.1 22 2.2 2.1 19 16 1.3 LI 09 09 09 1.1 14 1.7 20 22
      313 words
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      Page 48 Advertisements Column 1
      759 48 CHARTPOINT Every Saturday in Business Times HYUNDAI I 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 04/05 OS/OS 08/05 H. PIONEER JOE 03/06 06/06 09/06
      759 words
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      Page 48 Advertisements Column 2
      597 48 CHARTPOINT Every Saturday in Business Times F«d»f from Voy PNGIPKL Mother Vttse Fvoy SIN I LAX [OAK IHOU IDAL CHI I NOR IMEM I NYC I OUR USA I MjUyvi COL y AKA BHUM V 504N 9 5 ALLIGATOR VICTORY V ***** 13/5 It 1/6 46 4,6 5* 1H M~
      597 words