The Business Times, 14 May 1991

Microfilm: NL17494
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, May 14, 1991 75*
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  • NEWS SUMMARY
    • Article
      US industrial output inches up 0.1pc
      66 1 WASHINGTON US industrial production inched up 0.1 per cent in April, breaking a six-month string of losses which was the longest since the 1981-82 recession. The Fed said: "Production of motor vehicles rose again in April, with a jump in truck assemblies accounting for
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    • Article
      Britons shying away from loans
      45 1 LONDON High interest rates and recession have reduced British consumers' desire to borrow to the lowest level since current records began six years ago. Consumer credit rose in the first quarter by only £280 million, the Central Statistical Office reported.
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    • Article
      Real wages
      25 1 THE GAP between real wages and productivity for the major sectors of the Singapore economy has been widening in recent years Page 2
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    • Article
      New air accord
      22 1 A NEW AIR agreement between Singapore and Germany will allow for more flights between the two countries Page 2
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    • Article
      KL Master PLan
      26 1 UNDER the Privatisation Master Plan, the Malaysian government will be privatising at least one "flagship" corporation annually from the 246 entities Page 8
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    • Article
      German crisis
      26 1 THE worsening crisis in eastem Germany could drag the whole of Germany into a downward economic spiral, says the McKinsey consultancy firm Page 12
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    • Article
      More shows
      21 1 THE advent of satellite television adds a new dimension to home entertainment for En-glish-speaking residents of Hongkong Page 15
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    • Article
      Top stars
      25 1 MEL GIBSON and Meryl Streep have been voted by a Movie Channel poll as the top male and female movie stars. Page 19
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    • Article
      Lessons from PSA
      35 1 AUSTRALIA'S largest container terminal operator is keen to learn from the Port of Singapore Authority's (PSA) success story in its move towards a new era of higher productivity Shipping Times, Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      34 1 THE US stock market showed little change in the early going yesterday following the steep plunge of the previous session. The Dow showed 1.57-point loss at 2,918.60 one hour into the session.
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    • Article
      Footsie lower
      37 1 SHARES were lower at midday yesterday in the wake of a sharp decline on Wall Street on Friday. At about 1115 GMT, the FTSE 100-share index fell 29.9 points, or 1.2 per cent, to 2,494.4.
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    • Article
      FELS buys stake
      28 1 FAR EAST Levingston Shipbuilding Limited is paying $7.3 million for a 42 per cent stake in Contech Holdings Limited, a Hongkong-based construction group Page 3
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    • Article
      Sime plan
      30 1 SIME Singapore seeks to allocate 535 million from its proposed $108.75 million cash call for the acquisition and redevelopment of the SPPL Building in Alexandra Road. Page 3
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    • Article
      Sun-Lucky accord
      22 1 SUN Alliance group of Britain and Lucky Insurance Company Ltd of South Korea have signed a cooperation agreement Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 729.82 -6.09 Kuala Lumpur ....584.99 -2.39 Tokyo 26,093.20 -181.09 Hongkong 3,767.63 +17.43 Sydney 1,523.1 -25.2 Friday Change New York 2,920.17 -50.98 London 2,524.3 -17.5
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.7680 100 Yen S$ 1.2710 MS S$ 0.6408 Money market rates Overnight 4 1/2 7/16 3-month 5 1/8% unch
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    • Article
      COMMODITIES
      38 1 London Gold AM fix US$356.75 US$0.45 Rubber S'pore June 145.75'/kg +0.25 M'sia June 225.00 c /kg unch KL Tin Turnover llOtonnes 30 Spot MS 15.44/kg +0.14 Crude palm oil Turnover 502 lots -253 May MS797 /tonne -2
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  • Article, Illustration
    More MNCs snoop on their competitors
    549 1  -  Corporate intelligence-gathering hots up By Harish Mehta FOREIGN multinationals are stepping up intelligence gathering on their competitors here, and one local consultant has rejected an MNCs assignment because it smacked of industrial espionage. At the same time, Singapore MNCs are also gathering corporate and
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  • Article
    Dow sends regional markets down
    122 1 WEIGHED DOWN by the Dow's 50-point plunge on Friday, Tokyo's Nikkei average yesterday shed 181.09 points to 26.093.20 and the Straits Times Industrials Index fell 14.93 points to 1,517.39. The London market opened to heavy selling, but FTSE 100 recovered slightly to end the morning
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  • Article
    Lock icon Taiwan expects trade surplus with US to dive
    336 1 Reuter TAIPEI Taiwan's trade surplus this year with its largest trading partner, the United States will drop substantially following a surge in overseas investment by Taiwanese businessmen in China and South-east Asia. "Our trade surplus with Washington will fall to about US$6
    Reuter  -  336 words
  • Article
    Former Green & Collier MD acquitted of CBT
    333 1  - Former Green Collier MD acquitted of CBT By Conrad Raj THE FORMER managing director of rubber broking Firm Green Collier Pte Ltd, Brian John Miller, was acquitted last week of a charge of criminal breach of trust involving $175,000. After a four-day trial, District Judge Yap Chee Leong agreed with
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  • Article, Illustration
    Stronger ties in S-E Asia vital, says BG Yeo
    373 1 THE EXPERIENCE of Asean has shown that Southeast Asian nations can work together. Further cementing these ties may be the region's best strategy in a world where both order and great disorder reign, Brig-Gen (Res) George Yeo said yesterday. The Acting
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      229 1 Nikon The World's Finest Photographic System. Atfcraft Schedule 29 Money Market 27 World News 12,13 Commodities 28 Regional Co News 4 Cryptic Crossword 29 Regional News 10 Editorial 14 Regional Stock Markets 26 For market indices, editorial, Financial News 8 StS 21,22 advertising and circulation exFutures Options 27 Share Information
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    • Advertisement
      Page 1 Advertisements Column 2
      173 1 Nikon The World's Finest Photographic System Opec outlines case for $212b investment, Backpage Hfl Investing in the property market could be compared to playing a game of snakes and ladders, where many opportunities (ladders) and B|9 ■H plenty of pitfalls (snakes) abound. BjH However, at Jones Lang Wootton, we believe
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Chandra Das receives Polish award
        62 2 WLISH MINISTER of Foreign Affairs Professor Krzysytor Skubiszswki yesterday conferred Poland's Golden Cross of Merit on Mr S Chandra Das. Mr Chandra Das is a Member of Parliament and chairman of the Government Parliamentary Committee for Finance, Trade and Industry. He is also the chairman
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      • Article
        Retail management diplomas
        48 2 THIRTY-FOUR STUDENTS received their diplomas for retail management last Saturday at the Singapore Retail Merchants Association premises. The course is the first of its kind in South-east Asia and is jointly offered by SRMA and the Institute for Retail Studies at the University of Stirling.
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      • Article
        Austrian fashion on show
        51 2 AUSTRIA STYLE '92, the 12th annual presentation of fashion products and accessories, opens tomorrow at the ANA Hotel. It goes on until May 17. Twenty-two companies will be presenting designs and creations that include garment fabrics, embroideries and laces, ready-to-wear apparel, home furnishing materials and costume
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      • Article
        EC chief coming to S'pore
        52 2 EC COMMISSIONER Abel Matutes will visit Singapore on Friday and will meet Foreign Minister Wong Kan Seng and Minister of State for Trade and Industry Mah Bow Tan. Mr Matutes' visit takes place just before the EC-Asean ministerial meeting in Luxembourg at the end of
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      • Article
        Three shows in one
        48 2 THE SINGAPORE International Trade Fair, Gift Fair and Toy Fair will be held from May 21 to May 25 next week for retailers and gift buyers in the region. The three interlinked shows will feature products from more than 400 local and overseas companies.
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      • Article
        New country manager for BoA
        24 2 BANK OF AMERICA has appointed vice-president Colm McCarthy as the new country manager for Singapore. He succeeds Richard Wortley.
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      • Article
        Ad/marketing exhibition in Oct
        57 2 AN EXHIBITION showcasing the latest in the billiondollar regional marketing communications industry will be held here in October. AP IDEAS9I is jointly organised by the Association of Accredited Advertising Agents and the Direct Marketing Association of Singapore to present solutions to problems encountered by advertising, public
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    • Article
      K S Rajah appointed as judicial commissioner
      135 2 THE PRESIDENT has appointed K S Rajah as a judicial commissioner with effect from tomorrow. A statement from the Prime Minister's Office yesterday said the prime minister, sifter consulting the chief justice, had advised the president to appoint Mr Rajah as a judicial
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    • Article
      Real wages growing slightly faster than productivity
      442 2  -  By Anna Teo THE GAP between real wages and productivity for the major sectors has been widening in recent years. For the economy as a whole, the productivity-wage gap was two percentage points for the period 1981 to 1990: Real wage growth grew
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    • Article
      S'pore-German pact will see more flights
      328 2  -  By Rahita Elias A NEW air agreement between Singapore and Germany has paved the way for more flights to be launched between the two countries. Under the agreement, the airlines of each country may operate up to nine weekly services between and beyond the
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    • Article, Illustration
      Pre-war house fetches $1.06m
      89 2 This pre-war three-storey shophouse in Upper Cross Street was the star performer at an auction held by property consulting firm Jones Lang Wootton yesterday. The 110 sq m property fetched §1.06 million. Bidding, which had begun at $750,000, rose quick and fast in steps of $10,000.
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    • Article
      English and Maths cause Malays to do worse than others
      374 2  -  By Teh Hoot Ling ENGLISH and mathematics are the two main subjects that have caused Malay pupils to underperform the other two major ethnic groups in public examinations. This is reflected in the data released by the Ministry of Education
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      91 2 AUSTRIA STYLE '92 SINGAPORE May 15th 17th, 1991 2.(H) p.m. 6.30 p.m. ANA Hotel Singapore 4 Fabrics Garments Accessories 4 4 Participating Companies APPAREL FABRICS ACCESSORIES F.M. HAEMMERLE HB-BRDITSCHKA GEORGIA STERRER HUBER GETZNER TEXTIL INKU BIJOUTERIE SCHIELSEIDE MELZER SILZ TEXTIL PLANNER SCHOEFFEL READY TO WEAR GEORGIA'S TEXTIL HOME FURNISHING MATERIALS
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    • Advertisement
      Page 2 Advertisements Column 2
      79 2 No, we haven't added Ferraris to M the fleet but we have introduced a new reservations system that confirms your international car rental reservation faster J lets you plan your itinerary with ease and with speed. It's called "MEGA HERTZ" Hertz I I by with any Hertz the world. It
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      FELS to buy 42pc stake in HK construction group
      315 3  -  By Selva Kumar FAR EAST Levingston Shipbuilding Limited (FELS) has signal a conditional agreement to buy 42 per cent of Contech Holdings Limited, a Hongkong-based construction group. The HK533.3-million (557.3 million) purchase will be satisfied by the issue of 1.08 million
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    • Article
      Lock icon ASM unit listing will boost motor, trading businesses
      405 3 Offering of 32m Angkasa shares at M 52.50 apiece MBT KUALA LUMPUR The proposed flotation of Amalgamated Steel Mills (ASM)'s wholiy-owned subsidiary, Angkasa Marketing Bhd, on the main board of the Kuala Lumpur Stock Exchange will enable the group's trading and motor
      MBT  -  405 words
    • Article
      Guthrie GTS food unit to expand operations
      304 3  -  By Carolyn Lim EFFORT HOLDINGS, ma-jority-owned by publiclylisted Guthrie GTS, is stepping up its production to meet the growing demand for its food products. The home-grown company is pumping $1 million into its local operations to beef up its equipment and range of
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    • Article
      Sime to use $35m from cash call for SPPL Building
      267 3  -  By William Chia SIME Singapore, which is making a $108.75 million cash call to expand its core business and diversify into new areas, intends to allocate $35 million for the acquisition and redevelopment of the SPPL Building in Alexandra Road.
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    • Article
      Mixed feelings over Sembawang and Keppel's moves into aviation
      668 3  -  MARKET TALK Analysts divided over the groups' clarity of purpose By Rahita Elias ANALYSTS have expressed mixed feelings about Keppel's and Sembawang's ventures into aviation. They are unanimous in support of the two groups' general pursuit of expansion and diversification, but
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    • Article
      Lock icon Shell to raise up to M$1b to upgrade P Dickson refinery
      341 3 Bernama KUALA LUMPUR Shell Refining Company Bhd plans to raise between MSBOO million (SSSI2 million) and Msl billion in domestic borrowings in Malaysia to upgrade its refinery facilities in Port Dickson over the next four years. It expects to
      Bernama  -  341 words
    • Article
      Bousteadco selling Lam Tong House
      189 3 LAM TONG HOUSE may soon have another owner. The four-storey detached warehouse, located at Pasir Panjang Road and acquired by Boustead Services Pte Ltd, a wholly-owned subsidiary of Bousteadco Singapore in 1989, is being offered for sale. The company is giving an option to sell
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    • COMPANY BRIEFS
      • Article
        Golden Hope ships pink guava puree to US
        131 3 KUALA LUMPUR Golden Hope Plantations Berhad recently made its first shipment of 100 tonnes of pink guava puree to the United States as part of its strategy to promote Malaysian fruit juices overseas. The company said in a statement yesterday that the
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      • Article
        Pan Pacific's audit committee
        40 3 PAN PACIFIC Publications has appointed its audit committee. The members are Dr Wong Kwei Cheong, who is the chairman of the committee; Mr Derrick Lee Meow Chan; Mr Chim Hou Yan and Mr Seow Tiong Siew.
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      • Article
        New guarantor for Guthrie loan
        49 3 LOAN STOCK HOLDERS of Guthrie GTS yesterday passed a special resolution which called for the acceptance of ABN Bank as the new guarantor of the loan stock 1989/94 issued by Guthrie GTS, replacing the Standard Chartered Bank, Hongkongßank, Malayan Banking and Overseas Union Bank.
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      • Article
        DBS rights issue gets go-ahead
        57 3 THE SHAREHOLDERS of DBS Bank approved over the weekend the rights issue of 47.42 million new shares of $1 each on a one-for-ten basis, the bank's directors announced yesterday. The Stock Exchange of Singapore has also given its in-principle approval for the listing and quotation
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      • Article
        MAS studying freighter plan
        104 3 KUALA LUMPUR Malaysia Airlines (MAS) is studying a proposal to have full freighter flights to export more cargo, especially to countries in the Far East, Europe and the United States, transport minister Datuk Seri Dr Ling Liong Sik said yesterday. Attention was being given to stepping
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      630 3 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax. copier, word processing, secretarial services, conference room, answering service, long short term lease vou name it! Your inspection enquiries welcome WORLD-WIDE BUSINESS CENTRES (S) PTE LTD #11-04/06 Peninsula Plaza. Tel: *****69 "Oil and Gas in
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Coal and Allied says new CRA bid too low
        73 4 SYDNEY Coal and Allied Industries said the new higher takeover offer from CRA was still too low. The chief executive of Coal and Allied, Mr Tony Haraldson, said he had not yet consulted all the members of his board but he
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      • Article
        BHP expects higher iron output
        95 4 MELBOURNE The Broken Hill Pty Co Ltd expects iron ore production to rise by about 20 per cent to more than 50 million tonnes a year by early 1993. That compares with more than 42 million tonnes predicted for the year to May 31, said
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      • Article
        Pioneer sees no growth in profit
        56 4 TOKYO Pioneer Electronic Corp expects a slump in Japan's audio equipment market to put a stop to seven straight years of year-on-year growth in the company's parent current profit in 1991/92, a company spokesman said yesterday. He declined to disclose specific forecast figures for
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      • Article
        Sanyo to sell NEC workstations
        74 4 TOKYO Sanyo Electric Co Ltd will sell NEC Corp's engineering workstation EWS4BOO under the NEC brand name in Japan, a Sanyo spokeswoman said yesterday. The tie-up between the two firms will enable Sanyo to gain NEC's support in developing software for its own engineering workstation.
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      • Article
        Two to be traded on SET
        87 4 BANGKOK The Finance Ministry has approved the listing of Thai Factory Development Co and Sun Wood Industries Co on the Securities Exchange of Thailand (SET), The Nation reported on Friday. Thai Factory Development, with an increased registered capital of 90 million baht, will be
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    • Article
      Lock icon Lion's interim profit expected to be at least NZ$35m
      189 4 Reuter AUCKLAND Analysts expect brewer Lion Nathan Ltd to report a first half net profit before extraordinaries of between NZ$35 million (Ss3s million) and NZ$4O million tomorrow. It posted a NZ532.5 million profit in the six months to February 1990 and
      Reuter  -  189 words
    • Article, Illustration
      Salim-controlled firm owes Pertamina US$21m in arrears
      536 4 JAKARTA Members of the Indonesian House of Representatives (DPR) have uncovered overdue payments of US$2l.l million (5537.1 million) by a Cirebon, West Java-based cement company controlled by the Salim Group for natural gas supplies from the state oil company Pertamina, the Jakarta Post
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    • Article
      Thai firms call for more listings on SET
      343 4 BANGKOK The Association of Listed Companies on the Stock Exchange of Thailand (SET) has asked the Thai finance ministry to implement an incentive policy to encourage more listing of companies on the SET. The Nation reported that the association had asked the
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    • Article
      Indonesian electronics firm achieves much higher sales
      326 4 JAKARTA Total sales of PT Textronic Permai Electronic, an Indonesian assembler of electronic products, rose substantially from 4.36 billion rupiah (about 553.94 million) in 1989 to 14.7 billion rupiah last year but fell short of the target of 22.16 billion rupiah for the
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    • Article
      Lock icon M'sia to supply LNG to South Korean firm
      321 4 AFP KUALA LUMPUR The Korea Gas Corp yesterday signed an agreement with Malaysia LNG Sdn Bhd to buy 728,000 tonnes of natural gas on spot terms and two million tonnes annually on a 20-year-contract from 1995. The first spot cargo, which represents
      AFP  -  321 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      198 4 '91 Now, at the Chatigi International Exhibition Convention Centre Singapore Find out what 230 companies from 20 countries can do for your building and construction business. SIBEX '91 the 9th South East Asian International Building Exposition 15th 18th May 1991 The 9th staging of SIBEX at the SIBEX '91 will
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      Page 4 Advertisements Column 2
      147 4 OLD NOSTALGIC -x- f -y, v" w,»* A AT 'NEW'Y RK. Nestled on the tringe of Orchard Road. Just 3 minutes' walk from the shopping Pelt, via Goodwood Park entrance The Coffee Bar A new outlet at the new. refurPished York Hotel. But it's exuding with good ol' days' nostalgia
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Big trouble in Businessland
      553 5 US computer retailer's last quarter loss may be as high as USssom NYT SAN FRANCISCO Businessland Inc is expected to report another huge loss this week that could deepen the computer retailer's financial woes, industry analysts and ebmpany executives say. Analysts had been expecting Businessland, which
      NYT  -  553 words
    • Article
      Lock icon UK firms slow to improve debt-risk management: BOE
      236 5 Reuter LONDON The UK corporate sector's slide into a heavy financial deficit in the late 1980s was not accompanied by a significant improvement in companies' ability to manage the risk of taking on higher levels of debt, the Bank of England's quarterly
      Reuter  -  236 words
    • Article, Illustration
      Lock icon Brent Walker chief says he won't quit
      315 5 Reuter LONDON George Walker, the head of debt-ridden British leisure group Brent Walker Group pic, said he had no plan to resign, and that he was confident his company would survive. As the group prepares to publish its preliminary results for 1990 this
      Reuter  -  315 words
    • COMPANY BRIEFS
      • Article
        Apple launches new software system
        100 5 CUPERTINO, California Apple Computer Inc has started shipping a new operating system it hopes will help boost its market share. Apple's System 7 software aims to make Macintosh computers easier to use while incorporating powerful enhancements. "This is one more step of Apple being on
        100 words
      • Article
        Rothmans may buy up Dunhill
        71 5 LONDON Tobacco group Rothmans International pic is considering making a bid for about 43 per cent of luxury goods retailer Dunhill Holdings pic that it does not hold already, according to the British weekly Observer. It said Dunhill, at the current share price of 449p,
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      • Article
        Apicorp posts lower income
        57 5 MANAMA, Bahrain The Arab Petroleum Investment Corp (Apicorp) said it posted a US$4l million (about 5572.2 million) net operating income in 1990, slightly down on 1989. An Apicorp statement received on Sunday said the company, an affiliate of the Organisation of Arab Petroleum Exporting Countries, made
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      • Article
        RMC unit raises stake in Ytong
        82 5 LONDON British building materials group RMC Group pic said a unit of its German subsidiary has raised its stake in Ytong AG to 82 per cent from 29.8 per cent via a £33.7 million payment and a merger. Ytong produces aerated concrete products, and
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      379 5 1 Your family and you have High loan quantum of up to 100% of property value found your dream home Your m fAniT villi Lower monthly instalments repayable up to 30 years next move is to take a home loan. A pIINK Full CPF savings for montHfy And for this
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      424 6 Knowing where to tread is the first step on the path to riches. Right now, you are standing in the middle of the world's fastest growing economic region. An area so dynamic, its stock markets are already rebound- f f ing from their Gulf War lows I 1 I with
      424 words
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  • FINANCIAL NEWS
    • Article
      Sun Alliance to work closely with S Korea's Lucky Insurance
      292 7  -  By Chew Eng Han SUN ALLIANCE group, Britain's largest general insurer, and Lucky Insurance Company Ltd of South Korea have agreed to cooperate with each other. Under a sharing arrangement, Sun Alliance will provide underwriting services to Lucky Insurance's clients
      292 words
    • Article
      Lock icon Japanese banks may be coming out of the woods, say analysts
      779 7 NYT TOKYO A great deal of abuse has been heaped on Japan's battered banks in the past year as their profits have plummeted and their stock prices tumbled, but in recent months the shares of these financial giants have
      NYT  -  779 words
    • Article
      Lock icon Shearson hit by First Capital affair
      170 7 NYT NEW YORK The action taken last Friday against First Capital Life Insurance Co will have a large impact on Shearson Lehman Brothers, which announced it would take a charge to earnings of about US$l44 million (*****.8 million) related to its 28 per cent
      NYT  -  170 words
    • Article
      Lock icon Regulators put curbs on First Capital Life
      277 7 NYT LOS ANGELES California regulators placed sharp operating restrictions on First Capital Life Insurance Co last Friday. It was the second time in a month they have moved against a large insurer burdened with a deteriorating portfolio of high-risk junk bonds. Faced with
      NYT  -  277 words
    • SMALLCHANGE
      • Article
        New Zealand PM denies talk of BNZ sale
        83 7 WELLINGTON New Zealand Prime Minister Jim Bolger yesterday denied financial market rumours that the state-con-trolled Bank of New Zealand (BNZ) was to be sold soon. "There's probably a time in the future but it's not for sale in any general sense at
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      • Article
        Call for liquid bond market
        72 7 LONDON Saudi Arabia's commercial banks are discussing the creation of a liquid secondary bond market with the monetary authorities, said a senior economist of a Saudi Arabian bank last Friday. Henry Azzam, chief economist at National Commercial Bank of Saudi Arabia, said at a conference:
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      • Article
        IMF backs Egypt's debt move
        67 7 CAIRO The managing director of the International Monetary Fund said the IMF would back Egypt's efforts to persuade Western creditors to cut its foreign debt. Michel Camdessus, speaking to reporters on Sunday after a meeting with President Hosni Mubarak, said the IMF would approve an
        67 words
      • Article
        Hawaiian Life sold to Meiji
        53 7 HOUSTON American General Corp said last Friday that it had agreed to sell Hawaiian Life Insurance Co to the Meiji Mutual Life Insurance Co, for an undisclosed price. Hawaiian Life, which was purchased by American General in 1956, had assets of US$l2l million at the
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      108 7 m'* aim:? i iii -ci WzZ* j* A MEASURE OF ACHIEVEMENT In Imperial .■<«. China. the most visible indication r o/" o person's status was the x v 7 N badge on bis 4 official robe. This '-V beautifully i egr ll'u n JZ'£ NOTHING SAYS ae bt e.pz r
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      Page 7 Advertisements Column 2
      63 7 I FREIGHT LINKS EXPRESS DISTRIPARK I It I SELF CONTAINED, 3-STOREY WAREHOUSE COMPLEX INCORPORATING 5-LEVEL OFFICES WITH EXCELLENT CONTAINER YARD Strategically located within the Jurong East Business Park Easy access to PIE AYE and Jurong East MRT Station Total lettable area of 175,000 sq.ft. with various sizes available Ready for
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  • THE REGION 1
    • Article
      KL to privatise at least one flagship entity a year
      686 8  -  Privatisation master plan has list of 246 firms From j James Shyong in KUALA LUMPUR THE Malaysian government plans to privatise at least one "flagship" corporation annually from the 246 entities under its Privatisation Master Plan (PMP) over the next
      686 words
    • Article
      Lock icon Perak earmarks rural areas for industrial use
      278 8 Bernama IPOH The Perak government has earmarked more than 1,000 hectares of land in nine selected rural areas for the creation of new industrial estates, a state government official said yesterday. The areas are in Batang Padang, Grik, Teluk Intan, Manjung, Larut Matang,
      Bernama  -  278 words
    • Article
      Lock icon Asia-Pacific warned of threat to stability
      218 8 Reuter CANBERRA Regional instability is the greatest threat facing Asia-Pacific nations, Admiral Charles Larson, commander-in-chief of the US Pacific Command, said on Monday. In a keynote address yesterday to a conference in Australia on naval power in the Pacific, Admiral Larson said instability and
      Reuter  -  218 words
    • Article
      Lock icon Viets to put up satellite TV receiver on Spratlys
      143 8 AFP HANOI Vietnam is to install a satellite television receiver on the Spratly Islands whose sovereignty is also claimed by China, Malaysia, Taiwan and the Philippines, the Nhan Dan daily said on Monday. The receiving station will enable Vietnamese troops stationed
      AFP  -  143 words
    • Article
      Lock icon Thailand relaxes tax clearance rule
      366 10 Move to boost investment The Nation BANGKOK In an effort to stimulate foreign investment and facilitate foreigners working in Thailand, the Thai government has abolished tax clearance requirements for most foreigners and pledged to speed up the processing of work permits. Most foreign workars will
      The Nation  -  366 words
    • Article
      Lock icon Philippines may see population double in 29 years
      451 10 AFP MANILA The Philippines' population will double in less than 30 years at present growth rates, posing serious problems for the economy, public services and even political stability, experts warned yesterday. Kevin McGrath, a representative of the United Nations Fund for Population
      AFP  -  451 words
    • Article
      Lock icon Textile exporters want 17-month extension to MFA
      261 10 AFP JAKARTA The International Textiles and Clothing Bureau (ITCB) has called for a 17-month extension to the current Multi-Fibre Arrangement (MFA), the official Antara news agency said on Sunday. The ITCB said on Saturday in a communique at the end of a meeting
      AFP  -  261 words
    • NOTE BOOK
      • Article
        Jakarta, KL to swap housing expertise
        83 10 KUALA LUMPUR Indonesia and Malaysia have agreed to share expertise in housing development and town and rural planning, Indonesian Minister for Housing Siswono Yudokusodo said last Sunday. Indonesia would send a team of government officers soon to learn from Malaysia s successful experience in
        83 words
      • Article
        Call to tap rainforest potential
        63 10 KUALA LUMPUR The potential of the tropical rainforests to yield new pharmaceutical products should be tapped and developed into products for the world markets. Malaysian Science, Technology and Environmental Minister Law Hieng Ding said yesterday that the tropical rainforests was a complex chemical storehouse that
        63 words
      • Article
        NZ inflation expected to fall
        69 10 WELLINGTON New Zealand's annual inflation for calendar 1991 could fall below 3 per cent to a 25-year low. Reserve Bank deputy governor Peter Nicholl said yesterday: "A continued firm exchange rate, lower oil prices and mortgage interest rates and low wage increases suggest inflation for
        69 words
      • Article
        Filipino party to be revived
        66 10 MANILA The dormant leftist People's Party (PNB) is being revived to field candidates in next year's elections which it expects to be the "bloodiest and dirtiest in history", a party insider said yesterday. Loretta Ann Rosales, a prime mover of the PNB, said the party
        66 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      242 8 V tL JjSi EXCLUSIVE BUSINESSMAN PACKAGE* Hi Business Opportunities Presentation by Vietnam Limited Seats Only! Chamber of Commerce Direct Return Flight on Business Class Special Departures. Deluxe Accommodation at the Saigon Floating Hotel 20th 27th June '91 Meals as specified I fee Officially Appointed By: Song Be Tourist and Caihnfo,mo.ed«
      242 words
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      49 9 O o How do you get to be King of the Castle for the rest of your days? How do you spend more in a day at Harrods than most people earn in a month? o How do you fly to London a mister and come back a Lord?
      49 words
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      Page 10 Advertisements Column 1
      361 10 A. MARKET STUDIES INDONESIA PRICE (Ss) a) Study on TOY Manufacturing and Market in Indonesia 724.00 (Completed in January 1991 -160 pages). b) Directory on Indonesia State Owned Companies (BUMN), 452.00 1990/***** (Completed in January 1991-540 pages). cV Feasibility study on DEVELOPMENT of International Hotels 1,448.00 in Batam (Completed in
      361 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Moscow seeks European energy, transport links
      550 12 Reuter MOSCOW Soviet Prime Minister Valentin Pavlov said in an interview released on Sunday that the Kremlin was studying plans to link its energy and transport systems to a single European network. Mr Pavlov told the independent Interfax news agency that the ambitious long-term
      Reuter  -  550 words
    • Article
      Lock icon Soviets still deadlocked over emigration Bill
      207 12 NYT MOSCOW Soviet legislators on Sunday discussed financial and human rights considerations raised by a long-debated Bill that would allow citizens the freedom to travel and emigrate. But they were unable to resolve their conflicting concerns and postponed a vote on the measure. Although
      NYT  -  207 words
    • Article
      Lock icon Mexico talks: Bush raps those using prejudice
      424 12 Reuter HAMPTON, Virginia President George Bush charged on Sunday that opponents of a proposed US trade agreement with Mexico were playing on prejudice to block his "fast-track" authority to negotiate the accord. In a speech during graduation ceremonies at Virginia's predominantly black Hampton
      Reuter  -  424 words
    • WORLD WATCH
      • Article
        American chief execs get more pay
        107 12 NEW YORK The pay of American chief executive officers went up even as the economy went down, with Steven J Ross of Time Warner Inc topping the list at more than US$7B million (S$ 137.9 million). In its May 27 issue, the Forbes magazine
        107 words
      • Article
        Taipei's new investment order
        49 12 TAIPEI Investment authorities are studying controls for overseas investment following several years of rapid expansion, Vice-Economic Minister Wang Chih-kang said yesterday. Mr Wang told the Economic Daily News that the move was not meant to restrict investment abroad but to "establish an overseas investment order".
        49 words
      • Article
        Shenzhen express train
        44 12 BEIJING China will begin work on its first express railway in October, a 200 million yuan project that will link the southern border town of Shenzhen with Guangzhou. The China Daily said the project is expected to be completed in 1994.
        44 words
      • Article
        More private Japanese funds
        61 12 TOKYO An advisory body to Finance Minister Ryutaro Hashimoto will call on the government to help encourage a better flow of private Japanese funds to developing countries. The Securities and Exchange Council will recommend that he ease rating standards for foreign governments that want to float
        61 words
      • Article
        Nato cutting costs
        56 12 BRUSSELS Nato governments are considering the creation of a special defence-trade committee to promote competition and lower costs among allies at a time of shrinking military budgets. The creation of such a committee is a central recommendation in a report to be submitted next month to delegates
        56 words
      • Article
        Bush-Gorbachev summit on
        51 12 WASHINGTON US President George Bush and Soviet President Mikhail Gorbachev "definitely" will hold a summit this summer, a spokesman for the Soviet president said yesterday. Gregor Gregoriev also predicted an arms control treaty will be ready for the two leaders to sign by the time of the
        51 words
    • Article
      Lock icon Crisis in east a threat to survival of Germany
      470 13 Danger of market losing credibility and efficiency: report Reuter BONN The deepening crisis in eastern Germany is threatening to damage the entire country, putting its economic policy to the greatest test since post-war reconstruction, said a report by the McKinsey consultancy
      Reuter  -  470 words
    • Article
      Lock icon More chemical firms in China in the red
      295 13 AFP BEIJING Excessive stockpies, raw material shortages aid low efficiency have drivei more of China's chemical iniustry into the red, with 4 .1 per cent of firms in the setor now losing money, an oficial report said yesterday. In the first quarter
      AFP  -  295 words
    • Article, Illustration
      Lock icon Baghdad struggles painfully to its feet amid discontent
      455 13 AP BXGHDAD More than tvo months after Iraq's bruisirg defeat in the Gulf War, oice-proud Baghdad is slowl> getting back on its feet. Riverside restaurants have reopened. Some neighbourhoods have electricity and telephone service again. With petrol rationing lifted, Baghdad's notorious traffic
      AP  -  455 words
  • Page 12 Advertisements
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      240 12 SIEMENS Training—to upgrade your skills in industrial automation Applying the right type of advanced automation equipment to industrial manufacturing processes will result many production yields, consistently high product quality, less down-time 1 through immediate I short, an improvement in overall productivity, efficiency and 1 performance. I I r i As
      240 words
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      502 13 An Outstanding Business Opportunity In Marketing of Motivation, Sales And Management Training Programs World's No. 1 Author: Paul J Meyer is the world's leading authority in the field of motivation, management, goal setting V and self-improvement. World Leader: His belief in the unlimited potential of people m has helped transform
      502 words
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  • Article
    Show of appreciation to staff
    503 14 EDITORIAL EMPLOYEE share option schemes are not unusual in labour-strapped Singapore where employers daily wrestle with the challenge of keeping and nurturing good staff. But making a gift of shares to employees is another matter. This pharmaceuticals company Glaxo did with a flourish last week.
    503 words
  • WHAT THE OTHERS SAY
    • Article
      Let's keep things warm
      230 14 IT WAS only a little more than a year ago that the superpowers declared the end of their Cold War. But recently Soviet President Mikhail Gorbachev reacting to a perceived change of heart in the White House towards him suggested that the world might slip back
      230 words
    • Article
      A chance for older workers
      137 14 OLDER WORKERS should try to improve their skills by taking advantage of the new training scheme announced recently for those at least 40 years old and with few skills or educational qualifications. The scheme begins next January. With lessons or tests being conducted in Malay,
      137 words
    • Article
      Pre-school education
      125 14 THE EDUCATION MINISTRY has stressed that pre-school education should be undertaken completely by private groups. This means that the planned expansion of preparatory classes is merely an interim measure. A decision has yet to be made on when the ministry will relinquish its role in pre-school education. What
      125 words
  • REGIONAL VIEWPOINTS
    • Article
      Will justice be served?
      161 14 THE DISCLOSURE last weekend of the names of four ex-ministers in the deposed Chatichai Choonhavan administration who were found to be "unusually" rich culminated almost two months of investigation by the seven-man anti-graft committee headed by former interior minister Sitthi Jirarote. According to Gen Sitthi, the
      161 words
    • Article
      The Kurdish test
      208 14 THE WORLD has two clear tasks still to perform in the wake of the Gulf War. Kurdish refugees must be moved back to their homes in northern Iraq, and they must be protected from any attempted brutality from Baghdad. The exact political fate of the unfortunate Iraqi
      208 words
    • Article
      All should know their roles
      150 14 EVEN AS the manufacturing sector vaulted to its present position as the leader in the country's economic growth, several constraints gradually appeared. These include higher production cost as import and domestic prices have risen. There are also shortages of certain skills and consequent increase in
      150 words
  • Article, Illustration
    Helpful? Yes. Replace humans? No way!
    911 14  -  Computerised portfolio management has both its admirers and detractors. Quak Hiang Whai finds out just how much work fund managers in Singapore are willing to let their machines handle Quak Hiang Whai A JAPANESE investment house in Singapore said recently that it had had
    911 words
  • Page 14 Advertisements
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      648 14 /EEH\ Ingngfll A SIME SINGAPORE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting of the Company will be held at the Central Conference Room, Sime Singapore Limited, 896 Dunearn Road #04-01, Sime Darby Centre. Singapore 2158 on
      648 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      46 14 DOONESBURY BY GARRY TRUDEAU SOHOM ~HARP?~\ MU. GREAT F are you comb on' want to go m uh.. ha<,itbi£n 1 it's amazing' doing, BABe 7 ivegeeN domtothe beach 7 the <?u)lpi top $p people at ten harp wmm beach tomy* beach mines* < home take m&HOME* MOQTMi
      46 words
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  • ANALYSIS
    • Article, Illustration
      Hongkong's in for lots more fun
      1135 15  -  In the second and concluding part of her feature on satellite television, Catherine Ong looks at how Star TV is all set to revolutionise television viewing in Hongkong Catherine Ong The rooftops of Hongkong's übiquitous highrise apartment buildings are expected to be littered soon
      1,135 words
    • Article
      Banking on the environment
      807 15  -  A new US bank is offering financial services only to companies involved in environmental cleanup, recycling, waste-reduction and related fields. Jon Hurdle reports Jon Hurdle INDUSTRY'S scramble to comply with an increasing maze of US environmental regulations is spawning major opportunities for companies offering cleanup and
      807 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      113 15 What Star TV viewers will get to watch Star Sports provide an Asian version of ITN to provide international This will be provided by the popular US music video. news. Prime Network International, the US-based sports network Star Chinese Star Entertainment which supplies programmes to Programme Hongkong's Asia This will
      113 words
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      Page 15 Advertisements Column 2
      215 15 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 USS and Not
      215 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Compaq outlines plans to improve customer service
      355 16  -  Claire Leow finds out what US firm Compaq is doing to fortify its niche here Claire Leow Houstonbased personal computer maker Compaq, which has located its Asia-Pacific headquarters here, has mapped out plans to provide better customer service to maintain its edge in
      355 words
    • Article, Illustration
      Small wonders zoom off with power to go
      519 16  -  A notebook PC with no keyboard, just a pen. PC power, and 1-2-3 to boot, in a pocket-sized package. Portable computing is not just hot, it's sizzling, says Kennetn James IT MATTERS Kenneth James IF EVER I harboured any doubts about the
      519 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1019 16 IDHBI KttiMM 0 e^3 ip s -^——J eSsH™ MfftflftnjH HSBlllSn □a □DDnoDDDODgmUgagr BBMiliH 11 H jdd R IT POWER -PC IT POWER MAC For more information, please call or fax to us at: WJTI Systems Education Centre (1983) Pte Ltd Hj V 12th Floor WTC Convention Centre, World Trade Centre,
      1,019 words
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  • CORPORATE FOCUS
    • Article, Illustration
      Getting a slice of Asia
      622 17  -  George Weston Foods took another bite into the Asian food market when it bought a stake in a local firm in March. Our Sydney correspondent, Florence Chong, profiles the Aussie bread and biscuit giant Florence Chong George wesTON Foods Ltd, one of Australia's largest bread
      622 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      340 17 30 31 May Jakarta Hilton Hotel 3 4 June The Hyatt Regency Singapore Latest government policy initiatives Christopher Bruton Incentives for foreign investors Managing Director Investing in the New Economic Zone Dataconsult Setting up operations in Vietnam Penetrating the local market Marshall Negotiating joint venture agreements Chairman Selecting and evaluating
      340 words
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  • Page 18 Advertisements
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      194 18 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE 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, OR LIGHT
      194 words
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      Page 18 Advertisements Column 2
      305 18 THE ITALIAN MAESTRO RETURNS 10th May 23rd May Pete's Place is once again delighted to welcome Chef Vincent Pecoraro. Inspired by the success of previous visits, the Famous Italian Chef from Donatello's Restaurant in Waikoloa. Hawaii will concoct new. tantalising temptations. For the two week crusade, Chef Pecoraro s favourites
      305 words
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      Page 18 Advertisements Column 3
      265 18 —I rG a-, L| Sf4KXX> THCdTVt La o«o<« n«« <1 presents The Xiamen Herbal Food Promotion. 26 April 14 May Savour the wonders of traditional herbal delicacies specially from the city of Xiamen, China. At Seafood Theatre Restaurant. Set Menus A la carte available. Lunch or dinner. Sponsor: (HEHED PLAZA
      265 words
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      Page 18 Advertisements Column 4
      288 18 B viwTespana c fl I The Belvedere brings you the savoury taste of H sunny Spain. With over 60 traditional favourites, you'll say "Ole" to the most Where the service Is good, M the food sinr.pty morveflous l An experience you wfll not forget. A choice of local, western or
      288 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      678 18 TELEVISION AND RADIO for r»Aniac9 lilt ~I EtZiL*"** £S K r n business ON badio 7.00 MOMIMM.U 9.3. Sd*l Kjm(wng'(Ep 7). f Band X "J Sec Our Choice). 10.00 Worid News (M). 7.10 am, 9.25 am, 1.300 m, 'Jf/JM'/ raWTh 6.30 PM CNN International (L). 11.30 Guts and Glory The
      678 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Gibson and Streep top poll
      844 19  -  Which is the all-time favourite movie? Who is the most popular actor of all time? Which of today's young stars will still be around 20 years from now? Vernon Scott takes a look at the results of the new Movie Channel poll Vernon Scott UPI
      UPI  -  844 words
    • Article, Illustration
      A refined, disciplined performance
      498 19  -  Soloist Vladimir Viardo with SSO concert By P Y Van THE Singapore Symphony Orchestra under the baton of Choo Hoey gave a refined and disciplined account of Tchaikovsky's Romeo and Juliet Fantasy-Overture last Friday. The surprising clarity of texture contributed tremendously towards the development of the
      498 words
    • Article
      Rock stars raise funds for Kurdish refugees
      488 19 CHATTERBOX INTERNATIONAL rock stars sang in aid of Kurdish refugees in London's Wembley arena on Sunday in a controversial pop concert expected to raise more than US$3O million. The Princess of Wales, wife of heir to the British throne Prince Charles, was among
      488 words
  • Page 19 Advertisements
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      222 19 AND ENTERTAIN Set Your Heart On Our Set Meals. X BjtHlJI Vi 2 jjjWjjK^. DINNhR *CPM L J\ II JCPM Slh =C. PtR PHW >N The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays. Jk ANA HOTEL 16 NASSIM HILL,
      222 words
    • Advertisement
      Page 19 Advertisements Column 2
      115 19 "SPLENDOURS OF SPRING" CHINA CHINA RESTAURANT 1 APR TO 31 MAY 91 A whole new season of gastronomical adventure to savour the finest selection of Hong Kong's Springtime menu. Splendidly prepared by four of CHINA CHINA'S resident masterchefs from Hong Kong. #jfe 9 >;-0 MARINA BAY GOLF COUNTRY CLUB 6
      115 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sabatini topples Seles to win Italian Open
      454 20 Seles blames her defeat on the rain AP ROME Gabriela Sabatini put in her bid for leadership in women's tennis on Sunday, routing top-ranked Monica Seles in two sets to win the Italian Open. The 21-year-old Argentine, ranked No 3 in the world,
      AP  -  454 words
    • Article
      Lock icon Pavin beats Pate in sudden-death play-off
      307 20 AFP MARIETTA (Georgia) Corey Pavin snatched a thrilling victory in the rainaffected Atlanta Classic here on Sunday when he beat fellow American Steve Pate on the second hole of a suddendeath play-off. The two players had come in 16-under-par on 272 after the regulation
      AFP  -  307 words
    • SIDE LINES
      • Article
        US$400,000 for three straight birdies
        69 20 MARIETTA (Georgia) Hollis Stacy strung together three straight birdies and shot a 3-under-par 69 on Sunday to capture the US$4OO,OOO LPGA Crestar-Farm Fresh Golf Classic. Stacy, who snapped a six-year drought with her 18th career tournament victory, dropped birdie putts on the 14th, 15th and
        69 words
      • Article
        New 8km world record
        65 20 WASHINGTON Lynn Jennings broke away from Susan Sirma 100 m before the finish line and sprinted to a new Bkm world record on Sunday in winning the 1991 Nike Women's Race. Jennings, the US Olympic Committee Sportswoman of the Year and current American women's Bkm record
        65 words
      • Article
        Senna's 4th F-1 win in a row
        81 20 MONTE CARLO The small French Riviera principality of Monaco may have its prince, but Ayrton Senna rules its Grand Prix. The Brazilian picked up his fourth Formula One victory' on the twisting streets of Monaco on Sunday. Next for Senna is the Canadian
        81 words
      • Article
        Fastest starter for Indy 500
        44 20 INDIANAPOLIS Gary Bettenhausen. driving on the 30th anniversary of his father's death in a crash at the Indianapolis Motor Speedway, on Sunday became the fastest starter for this year's 805 km race. Bettenhausen qualified his Lola Buick at 361.24kmph.
        44 words
    • Article
      Lock icon Becker heads men's field on Rome clay
      460 20 AP ROME Boris Becker is looking for his first major clay court title and hoping to inch closer to the No 1 ranking as the men moved into the Foro Italico yesterday for the US$l.2 million Italian Open. He heads the 54-player field
      AP  -  460 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      2161 20 Focal Finance Limited j m (Incorporated in Singapore) Focal Finance A Member of the OCBC Group I BALANCE SHEET AS AT 31 DECEMBER 1990 1990 1989 1980 '989 SHARE CAPITAL AND RESERVES SHARE CAPITAL CURRENT ASSETS Authorised jNote 3) 40.000,000 40,000.000 Cash deposits and balances with banks (Note 5) 33,071,423
      2,161 words
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      Page 20 Advertisements Column 2
      78 20 M Trn n, ,r p I -id FOB SALE h XLxcellent t I lnvesment O-Jl I I ,A pportunity For Investors/ Owner Occupiers V/ \)'l Quality Office Accommodation Ist Floor Suitable for Showroom Enbloc or Strata Sale Close to Somerset and Dhoby Ghaut Vacant Possession Possible MRT Station Prime Location
      78 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market decline well within expectations
      4906 21  -  By Diana Oon IN A MARKET that held no surprises, the benchmark Straits Times Industrials Index yesterday shed 14.93 points to close at 1,517.39 after falling as much as 18.33 points during the day. But yesterday's slide was well within brokers' expectations, in view of
      4,906 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4132 22 Main Board SPH Foreign 1290 +10 M>.8% FF.LS 50* 710 +10 1.4% Spore BusF 500 780 5 H).6% UOB Foreign 660 f 5 (-0.8% Prima 590 +5 0.9% DBS land B-Wt 51 5 MO W. FELSWt 318 +4 1.1% SNP 50* 500 230 4 1.8%
    4,132 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks retreat on weaker overseas markets
      4059 23 Bernama SHARE PRICES on the Kuala Lumpur stock market finished lower in lacklustre trading yesterday following Friday's 50-point drop on Wall Street and the weaker Tokyo market yesterday. The KLSE Composite Index fell 2.39 points to 584.99 while the Industrial Index ended 6.66 points
      Bernama  -  4,059 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      194 23 NOTICES H3HnBTiffTWM!WHinBIBHMRn^BHBEB LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN Ihat, I Tay Chew Kin of No. 102, Basement, Sophia Road, Singapore 0922, have applied for a Retail Liquor Shop licence in respect of premises at M/s Kim Chuan Hang Trading at 38, Lor 17, Geylang, Singapore 1438, and that this
      194 words
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      Page 23 Advertisements Column 2
      202 23 MALAPIN INVKSTMKNT PTK I.TD (la Voluntary Liquidation) NOTICE IS HEREBY OIVEN that pursuant to Section 308 (2) of The Companies Act, Cap 50, a final general meeting of the abovenamed Company will be held at 100 Jalan Sultan *08-14 Sultan Plaza Singapore 0719 on the 15th June 1991 at 11.00
      202 words
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      Page 23 Advertisements Column 3
      281 23 IN THE MATTER OF THE COMPANIES ACT,CAP. 50 AND IN THE MATTER OF HAI YIEN SHIPPING PTE. LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members dIAI YIEN SHIPPING PTE LTD, duly covened and held at 500 Macpherson Road, Singapore 1336, on the 13th day of May
      281 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      584 24 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) H leong fin May 10 Dec 90 $36,762(134.858) 16 4( 15 5a) 10(9 la) intrace May 10 Dec 90 57.028(513.518) 94(180) 4(75) S finance May 10 Dec 90 $11.913($6.3?4) 18 1(96)
      584 words
    • Article
      INTERIM RESULTS
      255 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) NST Apr 30 Feb 91 M$43 849(137,114) 10(10) SPH Apr 26 Feb 91 $U0.396($84 977) 8(8) limes Pub Apr 19 Feb 91 $25,132<$18 904 4(4) Anlah Hldgs Apr 10 Dec 90 M$18.075($14.587) Kump Emas Apr 5
      255 words
    • Article
      PRELIMINARY RESULTS
      276 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Cher* Ind May 8 Mar 91 $12.814($11.317) 39 7(34 9) 15(13.6) HTP Hldgs May 6 Mar 91 58.307(52.791) 6 7(2.6) 10o(-) Inch Kenneth May 6 Dec 90 M$4 489(13.712) 47.7(26 4a)
      276 words
    • Article
      CORPORATE DEVELOPMENTS
      407 24 May 13 Hume Industries' (Malaysia) wholly-owned subsidiary, Yazman-Hume Quarry, has entered into a conditional agreement with vendors of Eagle Quarry Sdn Bhd to purchase the latter's entire equity of 873.834 shares of Vsl each for Ms4m (Ss2 56m) in cash. May 10 Perfis Plantations subsidiary, Rasa Sayang Beach
      407 words
    • Article
      DIVIDENDS ANNOUNCED
      1437 24 Current Ex Books Date Total for Total for payment date dose payable the year last year Acma 5%TE Jun 5 Jun 17 Jul 1 10%TE Amal Steel 10%(S) May 16 Way 31 )un 7 10% 126% A«mo 5%TE Feb 25 War 7 Way 15 12 5%TE 25%TE Boustead
      1,437 words
    • Article
      APPROVED ISSUES
      265 24 Company Rights Issue DBS One'of ten (a, $9 60 (local) or $10 50 (foreign) per share Ei-date May 23 Boohs dose Jun 5 Acceptance Payment NYA j (Xriop Est Restricted issue of $88 514m nominal value of 101 Convertible Redeemable Unsecured Loan Stock (CULS) 1991/19% issued on the
      265 words
    • Article
      BONDS, LOANS & WARRANTS
      805 24 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share C&C Wt Before 26/4/93 1 warrant plus 53 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant plus JO 77 nominal amount of loan stock Chuan Hup Notes Ctuan
      805 words
    • Article
      RECORD HIGHS & LOWS
      210 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Nfh: *****0 26/4/91) 1991 *****4 (29/4/91) 1991 low: *****2 (16/1/91) 1991 tow: 1149 08 (16/1/91) 1990 hjh: *****3 (16/7/90) 1990 Nfh: 1607 12 27/3/90) 1990 low 981 07 09/11/90) 1990 *****0 (H/10/90) 1989 hjh: 1322 00 28/12/89) 1989 tl h:
      210 words
    • Article
      PROPOSED ISSUES
      497 24 Company Rights Issue Alcom Onefortwo <,1 MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) ot MJO 10 each at Mil per share with 10m detachable TSfl on the basis of 1 CRPS with 1 TSR foe every 4 CRPS Bolton One for four MJ?
      497 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      157 24 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
      157 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei slides as players stick to the sidelines
      2222 25 Reuter TOKYO STOCKS closed lower yesterday, just above the day's low, after Wall Street's 51-point plunge last Friday. The market was buffeted by program trading but with no domestic incentives in sight, most investors were planting themselves firmly on the sidelines. "The
      Reuter  -  2,222 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Last-minute buying pushes Hang Seng 17 pts higher
      2013 25 SHARE PRICES ended higher on last-minute buying yesterday, but brokers said thin turnover underlined the market's cautious sentiment. "The underlying strength is quite okay, but turnover was disappointing," said Andrew To, a research director at Peregrine Brokerage. "Most big players are waiting
      2,013 words
  • Page 25 Advertisements
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  • REGIONAL STOCK MARKETS
    • Dow slump takes its toll in Asia
      • Article
        Untitled
        597 26 Close Previous May 13 SYDNEY All Ordinaries Index 1,523.1 1,548.3 -25.2 All Industrials Index 2,377.4 2,409.4 -32.0 All Resources Index 872.0 891.2 -19.2 Turnover (million) 93.89 114.47 -20.58 BANGKOK SET Index 828 16 845.88 -17.72 Turnover (million baht) 2.850 4,090 -1,240 JAKARTA Composite Index 406.93 407.67 -0.74 MANILA Composite Index
        597 words
      • Article
        AUSTRALIA
        883 26 AUSTRALIAN SHARES fell sharply in nervous selling yesterday as offshore buyers deserted the local market. "The Dow Jones was down 50 after being up 40, that kind of volatility makes people nervous and they are not going to commit themselves to new equity," Prudential-Bache Securities broker Geoff Wilson said.
        883 words
      • Article
        BANGKOK
        848 26 A LACK of new market drive and money drawn out of the market to subscribe planned new issues caused the SET index to fall yesterday, brokers said. The SET index ended 17.72 points, or 2.1 per cent, lower at 828.16 on a thin trading with 2.85 billion baht changing
        848 words
      • Article
        MANILA
        452 26 PHILIPPINE SHARES slid in quiet trading yesterday following Wall Street's sharp fall last week, but brokers said the local bourses would continue seeking a chance to advance from about four weeks of a sideways pattern. Manila's composite index ended 8.03 points down at 1,109.41. Combined volume firmed to 301
        452 words
      • Article
        TAIPEI
        474 26 SHARE PRICES in Taiwan closed lower on profit-taking yesterday and brokers said newspaper reports that a big player was indicted last Saturday also dampened sentiment. Dealers said the market was weakened because many investors were worried about yesterday's board meeting of the Hualon Textile Group, known as a major
        474 words
      • Article
        NEW ZEALAND
        143 26 THE SHARE MARKET posted its big- gest one-day fall in more than six months yesterday due largely to a 24cent fall by Retcher Challenge, but brokers were unworried, saying the market was still in an uptrend. Fletcher, which last Friday announced a minimum NZ$l95 million share placement, accounts
        143 words
      • Article
        JAKARTA
        643 26 JAKARTA STOCK TRADING was active on profit-taking yesterday, with prices closing mixed on heavy volume. The official index eased 0.74 point to 406.93 and volume jumped to 3.48 million shares from 1.78 million last Friday. Finance company Gajah Surya dominated trading, with 721,360 shares exchanging hands on the big
        643 words
      • Article
        SEOUL
        769 26 SEOUL STOCK PRICES closed marginally higher in thin trading yesterday as investors stayed on the sidelines and worried about the continuing student protests. The composite stock index rose 1.67 point to close at 630.84. Turnover was a thin of 57.1 billion won against 62.3 billion in last Saturday's half-session
        769 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Charts show greenback is set for a fall in the short run
      942 27  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs. Nikkei Stock
      Source: TeleTrac  -  942 words
    • Article
      US dollar ends higher despite BOJ sales
      503 27 REPORTS ASIA Tokyo: The US dollar ended higher against the yen but was well below the day's highest level despite Bank of Japan (BOJ) intervention yesterday morning, dealers said. The BOJ sales, which caught traders by surprise, took place as the dollar traded
      503 words
    • Article
      FINANCIAL FUTURES
      1118 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.88 93.89 93.88 93.89 2800 ***** 2548 Sep 91 93.63 93.66 93.63 93.65 6122 ***** 8407 Dec 91 93.17 93.19 93.16 93.18 1000 ***** 1033 Mar 92 92.92 92.94 92.92 92.94 400 6684 589 Jun 92
      1,118 words
    • Article
      INTERBANK FOREX RATES
      392 27 Cross rates May 13 USS SS MS Dm Yen SFr A$ NZS USS 1.7705 2.7595 1.7255 139.25 0.5812 1.4570 1.2780 1.7007 S$ 0.5648 1.5586 0.9746 0.7865 0.3283 0.8229 0.7218 0.9606 MS 0.3624 64.16 0.6253 0.5046 0.2106 0.5280 0.4631 0.6163 Dm 0.5795 1.0261 1.5992 80.70 0.3368 0.8444 0.7406
      392 words
    • Article
      MONEY MARKET
      555 27 Interbank rates SS Bid Offer Overnight 4 1/2 4 3/4 1-month 5 5 1/8 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 5 L'S$ Bid Offer 7 days 5 7/8 6 1 month 5 7/8 6 2 months 5 15/16 6 1/16 3 months
      555 words
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  • COMMODITIES
    • Article
      Lock icon M'sian cocoa output set to drop
      397 28 Low prices, disease and weather hit industry Reuter KOTA KINABALU Cocoa production in Malaysia is set to fall for the First time in the local industry's history as depressed prices, disease and bad weather take their toll. Industry officials forecast production in the 1990/91
      Reuter  -  397 words
    • Article
      Lock icon World production of rice and wheat expected to fall
      368 28 UPI WASHINGTON Farmers around the world, in a reaction to the global grain glut, will cut wheat production by 6 per cent this year, grow more feed grains and oilseeds, and trim rice output, the US Agriculture Department said last week.
      UPI  -  368 words
    • Article
      Late Japanese selling sends gold lower in HK
      846 28 REPORTS GOLD closed easier in Hongkong after late Japanese selling offset early US and local demand, but dealers said an absence of fresh factors locked the metal into quiet, narrow range-trading. "Trading was forex related as gold lacked its own trend and
      846 words
  • Article
    PRICES
    1363 28 Rubber May RAS (Ml in IxieT) S cenis/kg jj Noon Close i Int 1 RSS Prompt 143.75/144 75N I43.75/I44.75N Int I RSS June 91 145.75/146.25 145.75/146.25 Int 1 RSS July 147.25/147.75 I47.2VI47.75 f Int 2 RSS OP I4I.50/I43.50N I41.50/I43.50N J Int 3 RSS OP I37.00/I39.00N 137 00/139 OON j
    1,363 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      724 28 BUSINESS TIMES TELEPHONE: 7 30-3771/3772/5773 FAX: 734 4982 UNITED INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Applications have been made to the Directors of the above named company to issue duplicate share certificates in place of the following share certificates which have been reported lost
      724 words
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      Page 28 Advertisements Column 2
      12 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page L
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1133 29 City night ETA Flight ETD Abu Dhabi GA893 1235 GA974 0005 GA886 0010 Adelaide SQ228 2000 QF82 2200 Amsterdam GA893 1025 GA886 0010 SQ24 0100 KL837 1415 GA892 0110 SQ23 1815 GA974 2025 SQ24 2200 KL838 2240 Athens 0A471 2205 SQ24 2200 Auckland NZ35 1550 SQ388
    1,133 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Lock icon River of many happy returns
      693 29  -  LETTER FROM BUFFALO CITY w w jy M w By Harry Middleton NYT The canoe, a gift from a friend, arrived by truck from Massachusetts on a sombre November day, one of those winter days when the cold goes deep, settles against the bones. Fashioned
      NYT  -  693 words
    • Article
      MONEY CHANGER RATES
      153 29 As at 3pm yesterday: liOcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar i .370 1.390 Canadian dollar 1.S22 1.542 NZ dollar 1.030 1.06S Sterling pound 3.033 3.053 US dollar 1.7650 1.7750 l/ial dollars to 100 units of foreign carrency Austrian schilling 14.40
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      75 29 Duration Title Venue Organiser Tel May 13-18 Technical Belgrade. Foire Belgrade ********** International Yugoslavia Fair May 21-25 Medicine Zagreb, Zagrebacki (38******666 Technology Yugoslavia Vele&ajam International Exhibition of Medical. Pharmaceutical Laboratory Equipment Duration Title Venue Organiser Tel May 22-24 International Utrecht. Koninklijke ********** Computer Netherlands Nederlandse Software Jaarbeurs
      75 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      39 29 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. Wr kirn* Kiiruf*- fhwri sLut to Kinrush
      39 words
    • Advertisement
      Page 29 Advertisements Column 2
      316 29 NOTICES 1 V BANK NIAGA (Incorporated In Th« Republic Of lndon««ia) Cayman Wanda Branch U.S. 537,000,000.00 Negotiable Floating Rata Certificate of Deposit Maturity Date 14 May, 1994 In accordance with the provisons of the Certificates of Deposit, notice is hereby given that for the six month interest period from 14
      316 words
    • Advertisement
      Page 29 Advertisements Column 3
      376 29 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Chai Sian Lang of Blk 429 Bukit Panjang Ring Road #08-717, Singapore 2367, have applied for a Retail Beer Shop licence in respect of premises at M/s TSK Minimart at Blk 142 Lorong Ah Soo #01-233, Singapore 1953, and that this
      376 words
    • Advertisement
      Page 29 Advertisements Column 4
      346 29 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF PEARL'S COMMERCIAL TRAINING CENTRE (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101 -A Upper Cross Street. #11 -22 People's Park Centre, Singapore 0105
      346 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      290 29 1 Entertainment at which a dog involuntarily stole the 6 Mad to make a comeback, 10 g I j i but have a try (4) k* iM"" Hf 10 Alight side of the 1 Can't carry on, son. Not ■H -12 He thinks men will never be able to change
      290 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      213 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Forecast: Maximum temperature 31.6 Assoc humidity 65% Minimum temperature 25.3* C Assoc humidity 96% Hours of sunshine 6.15 Rainfall in mm Nil Rainfall this month 163.8 Rainy days this month 9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      20 29 (vo JVJST usual.. J(WOUTIN' PISMW.. fDo\hg anything, SPccirl) \r \f \THtS U)£Q<eN n 8425 A < EVENING STANDARD CO. LTD.. IM2-IMI
      20 words
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  • Article
    Opec needs to invest US$120b in next 4 years
    374 30  -  This will ensure viable production capacity, says Subroto By David Chew THE ORGANISATION of Petroleum Exporting Countries (Opec) needs to invest about US$l2O billion (Ss2l2 billion) over the next four years to ensure that its members' production capacity is viable, its
    374 words
  • Article
    Lock icon Bundesbank says it again: No interest rate cuts
    188 30 Reuter BERLIN The Bundesbank cannot abandon its tight monetary policy, although lower interest rates elsewhere may make Bundesbank poli-cy-making less difficult, deputy president Helmut Schlesinger told the Berlin newspaper Der Morgen. "Our aim is to bear down on inflationary pressures with monetary
    Reuter  -  188 words
  • Article
    Lock icon Jeffrey Kitingan arrested in Sabah on ISA charges
    260 30 Reuter KOTA KINABALU Malaysian police yesterday arrested Jeffrey Kitingan, the younger brother and senior adviser to Sabah's Chief Minister Joseph Pairin Kitingan, officials of the opposition Christian-based Bersatu Sabah Party (PBS), said. Jeffrey Kitingan was alleged by Kuala Lumpur to be behind
    Reuter  -  260 words
  • Article
    Number of S'porean business migrants to Australia dives
    182 30  -  From S N Vasuki in PERTH THERE HAS been a sharp fall in the number of Singaporeans migrating to Australia under the country's Business Migration Programme. In 1989-90, just 77 Singaporeans received permanent resident (PR) status in Australia under the programme. The
    182 words
  • Article
    Wuthelam plans paint factory in China
    325 30  -  BG Lee's visit to China Project to be a Nipsea-Nippon Paint tie-up From Lilian Ang in XIAMEN THE Hongkong-based Wuthelam group, which belongs to local tycoon Goh Cheng Liang, is considering a paint factory in China to tap the market there. Mr Koh Boon
    325 words
  • Article
    HK joining PECC formally soon
    208 30 HONGKONG'S membership in the Pacific Economic Cooperation Conference (PECC) is expected to be formally approved at a meeting in Singapore in a fortnight, Governor Sir David Wilson said. The territory has been an observer at the conference, which was set up in 1980 as a
    208 words
  • Article
    Airport project will go ahead: HK governor
    185 30 HONGKONG'S Governor, Sir David Wilson, has pledged that the territory will get a new airport and China will have no say over the management of the HKS79 billion (S$ 17.4 billion) project. In separate interviews with journalists in Australia where he is holding
    185 words
  • Article, Illustration
    Clear policy needed on bonus issues
    880 30  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is the Editor of BT NOTHING in life comes free and yet investors in the Singapore stock market continue to keep faith in "bonus" issues, those handouts of "free" scrip that many profitable local listed
    880 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      99 30 JIL Baume Mercier GENEVE 1830 Crisis in east a threat to survival of Germany, Pg 13 REDIFFUSION v M SATELLITE ULTIMATE I I mIM HEADEND i SOLUTION /'fM'«» A 1 We provide a wide variety of top tW't Quality satellite TV antennas, with v; jW/ > f (ishes ranging from
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      Page 30 Advertisements Column 2
      246 30 JIL Baume Mercier GENEVE 1830 A SINGAPORE y INSTITUTE OF MANAGEMENT The Singapore Institute of Management in conjunction with The George Washington University, invite applications for the 3rd intake of the Master of Arts in Education (Human Resource Development) programme commencing October 1991. Programme Structure The programme consists of 12
      246 words
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  • ShippingTimes
    • Article, Illustration
      Aussie terminal operator keen to learn from PSA
      443 31  -  By Selva Kumar AUSTRALIA'S largest container terminal operator is keen to learn from the Port of Singapore Authority's (PSA) success story in its move towards a new era of higher productivity. David Boyd, managing director of National Terminal (Australia) Ltd (NTAL), the
      443 words
    • Article
      Lock icon Indon shipping firms urged to focus on feeder services
      382 31 Jakarta Post JAKARTA A domestic shipping industry executive has suggested that Indonesia focus its efforts on feeder services so as not to lose the freight market completely. Hartoto Hardikusumo, chairman of the Indonesian Domestic Shipowner's Association (INSA), said on the first
      Jakarta Post  -  382 words
    • Article
      Lock icon Pakistan seeks offers for port construction
      191 31 Reuter ISLAMABAD Pakistan has invited offers for the construction of a deep-water port at Gwadar on the Arabian Sea, the government said in a statement. The offers for financing and developing the proposed port on a BOT (build, operate and transfer) basis should be
      Reuter  -  191 words
    • Article
      Lock icon Quality of US cars up, but poor perception persists
      301 31 UPI DETROIT A study of more than 20,000 vehicle owners indicates that while the quality and durability of US-made cars and trucks are up considerably, US carmakers face an uphill battle in fighting the perception that import brands are better built.
      UPI  -  301 words
    • Article
      Lock icon China unhappy with US ruling on satellite parts
      260 31 Reuter BEIJING China said on Friday that it was dissatisfied with Washington's refusal to allow the export of Ameri-can-made components for a Chinese communications satellite. The official New China News Agency said a small number of parts were involved. "The Chinese government
      Reuter  -  260 words
    • Article
      Lock icon Outlook for oil and tanker markets uncertain
      353 31 Reuter HAMBURG The future of the oil and tanker markets was clouded by supply and demand uncertainties, crucially in the Middle East, the chairman of the International Association of Independent Tanker Owners (Intertanko), Scigo Suzuki, said. "There are few markets which are so
      Reuter  -  353 words
    • Article
      Lock icon Mine-clearing off Kuwait said to be two-thirds completed
      255 31 AP MANAMA Allied forces have cleared two-thirds of the known mines in Gulf shipping lanes off Kuwait, Britain's senior Middle East naval officer said on Sunday. "It is going remarkably well," Commodore Christopher Craig, commander of the British naval task force, told
      AP  -  255 words
    • NEWS SUMMARY
      • Article
        The problem of late Soviet payments
        47 31 THE Soviet Union is again finding it difficult to pay all its freight bills. But how serious is the problem of late payments, what are the causes, and which sectors of the Soviet economy are the most badly affected? Page 2
        47 words
      • Article
        Environmental group pressure on airlines
        41 31 ENVIRONMENTAL groups are putting pressure on commercial air carriers to stop transporting wild tropical birds for the pet trade. Lufthansa, Northwest Airlines and Federal Express Corp have recently agreed to stop carrying the birds Back Page
        41 words
      • Article
        Ford may expand Japanese-style teams
        35 31 FORD Motor Co is talking with the United Auto Workers union about expanding its use of Japanese-style teams in car making, possibly even to make a new Mustang. Back Page
        35 words
      • Article
        Second recall by Saturn Corp
        50 31 GENERAL Motors Corp's bid to make and market a small car that directly challenges Japanese models suffered a serious blow last Friday when its Saturn Corp announced a second recall and made an unprecedented offer to replace 1,836 cars with faulty engine-cooling systems Back Page
        50 words
    • LOG BOOK
      • Article
        Licences for 22 firms to set up shipping lines
        67 32 KARACHI Pakistani Prime Minister Nawaz Sharif, who launched a massive privatisation programme, handed over licences to 22 companies to set up shipping lines in the private sector. "We have all the confidence in your ability and definitely you will prove yourself
        67 words
      • Article
        HK airport talks to continue
        44 32 WELLINGTON Hongkong Governor Sir David Wilson has cancelled a planned two-day trip here to return home for continued talks with Chinese officials on a controversial plan to build a new airport in the colony, press reports said on Sunday.
        44 words
      • Article
        Port of Assad under threat
        72 32 NAIROBI Rebels say they have repulsed two attempts by Ethiopian troops to recapture the town of Beylul, about 50 km north-west of the Red Sea port of Assab. Assab, which has been coming under greater threat by the rebels, is the only major port still
        72 words
      • Article
        Minesweepers on way to Gulf
        66 32 KUALA LUMPUR Four Japanese minesweepers en route to the Gulf left Malaysia on Sunday for a seven-day crossing of the Indian Ocean, an area lashed by cyclones earlier this month. The four wooden-hulled ships, each less than 500 tons and normally assigned to coastal waters,
        66 words
      • Article
        Petrol tanker explodes
        62 32 JAKARTA A petrol tanker caught fire and exploded, shattering a bridge linking two major Central Java cities, Antara news agency reported on Saturday. The tanker caught fire on Friday afternoon following a road accident on a bridge between Yogyakarta and Magelang. The 14-year-old bridge, a vital link
        62 words
      • Article
        AIDS test for seamen
        40 32 KARACHI Port authorities here have set up a machine for testing incoming seamen for the acquired immune deficiency syndrome (AIDS) virus, following a recent increase in AIDS cases reported in Pakistan, port sources said last Thursday.
        40 words
      • Article
        Sersou to sail for home soon
        42 32 LONDON The Algerian bulker Sersou, which has been undergoing repairs in the Canadian port of Montreal since April 23, is due to sail for home as soon as arrangements have been completed, Lloyd's Shipping Intelligence said.
        42 words
    • Article
      DAILY FREIGHTS
      856 32 THE VLCC tanker market on Friday was quietly steady with enquiry subdued after Thursday's holiday in much of Europe, brokers jKiid. Oo the Mideast Gulf to Far East route, South Korea was reported to have booked a VLCC at an unchanged worldscale 62.50 for May 23. Atlas booked
      856 words
    • Article, Illustration
      Waiting for Soviet payments
      952 32  -  The Soviet Union is again finding it difficult to pay all its freight bills. But how serious is the problem of late payment? Sean Moloney reports Sean Moloney There is usually an air of vagueness and reticence among shipping folk when the subject of Soviet credit-worthiness
      952 words
    • Article
      TRANSPORT DIARY
      969 32 May 16-17: Seminar on trading, shipping and banking documentation for procedural export operations, organised by Facs World Pte Ltd, Carlton Hotel. May 28-30: Bth International Intcrmodal Expo, organised by Georgia Freight Bureauce, Georgia World Congree Center, Atlanta, USA. June 4-6: World Express, Amsterdam, Holland. June 4-9: Compat *91
      969 words
    • Article
      THE SHIPPING GUIDE
      11665 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      11,665 words
    • Article
      SHIPPING AGENTS
      3313 45 Coatainerline NV: Belsin Shpg Agencies Pte Lid (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 Pte Ltd (S). Alfred
      3,313 words
    • Article
      COURIER SERVICES
      247 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 link Supplies Services Tel:
      247 words
    • Article
      AIR FORWARDERS
      1510 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
      1,510 words
    • Article
      PORT CONDITIONS
      2012 46 ARGENTINA Buenos Aires: The dispute with the gantry crane operator spread to other machine/crane operators. The port was disrupted by union action. Although their demands have not been fully met, crane operators are working normally again. In the past few days arrival have outnumbered sailings and the port
      2,012 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      502 46 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLO FOR FURTHER TRADING Bulk carriers On lire: 35,657 dwt and built 1969-built. sold to a (ircck concern for about U552.35 to US$2.4() million. Besor: 60.740 dwt and built 1976. sold to Norwegian buyers on subjects lor about US$9.7O to U559.75 million Glory
      Reuter; AFP  -  502 words
    • Article
      AIR FREIGHT SCHEDULE
      464 46 ARRIVALS Op Flight Type ETA T From TODAY NCA KZ203 B747F 0145 I NRT KAL KE697 B707F 0150 1 SEL JAL JL6I7 B747F 0345 1 NRT RJA RJ024 B707F 1900 1 AMM/MCT CLX CV796 B747F 2115 I LUX/AUH/KUL TOMORROW AZA AZ997 DC8F 0240 I SYD CAL CI333
      464 words
    • Article
      CRUISE & FERRY SCHEDULES
      270 46 CRUISE FERRY SCHEDULES CRUISE SHIPS An- Dep Name of Vessel ETA ETD Ports of Calls Port Agent MAY 14 14 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 15 15 Belonissiya 0800 1700 Fremantle-Sin-Colombo Singapore Soviet Shpg 18 18 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 22 22 Cora Princess 1000
      270 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        495 47 Vessel Voy No Berth Vnv* Departure Vessel Voy No Berth Arnvji Departue Keppel Wharves Trans Fjell 87A Kll alongside 1405/1500 Xianghai 0503 K32 alongside 15 05/2300 Xinheng 9105 K33 alongside 1505/2300 Bayswater 118 04/91* K31 14 05/0900 1405/1400 Cora Pcess 027 (P) K29 1405/1000 1405/1800 Karatoeveret 2E
        495 words
      • Article
        CONTAINER SCHEDULE
        1305 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcr{/Batance Rstts Slip Voy No Etb/Btr Period From To From ACX Lotus 128 14/1500 1 13/1500 13/1659 13/1900 Anson Q3991N 15/2359 3 14/0700 14/1159 14/1400 4 14/1200 14/1459 14/1700 B Bwdang 25« 14/2300 1 13/1500 13/1659 13/1900 J 13/1700
        1,305 words
      • Article
        IN MALAYSIAN PORTS
        219 47 Penang Port Berth in Butterworth on May 14: 1: Thai Hang Shan; 2: Van Trader: 3: Malayan Princess; 4: nil; 5: Aka Bhum; 6: Swadaya Penang Wharf: NB: nil; C8: nil; SB: ml BCT: Bl: Jin Ji Ling; Bll: Sanko Venus; l/B: Krasnogorsk. VOTP: Commander Grut. Due
        219 words
    • Article, Illustration
      Lock icon Airlines pressured to stop carrying wild birds for trade
      522 48 NYT NEW YORK Environmental groups are putting pressure on commercial air carriers to stop transporting wild tropical birds for the pet trade. In the absence of an international agreement to outlaw such trading, the groups are going after the next best
      NYT  -  522 words
    • Article
      Lock icon Ford may expand use of Japanese-style teams
      295 48 AP DEARBORN, Michigan Ford Motor Co is talking with the United Auto Workers union about expanding its use of Japanese-style teams in car making, possibly even to make a new Mustang. Chairman Harold Poling said on Thursday that details of the programme teaming
      AP  -  295 words
    • Article
      Lock icon Exxon executives to give depositions
      182 48 AFP ANCHORAGE Three of Exxon Corp's top executives have agreed to give depositions in a lawsuit over the Valdez oil spill, agreeing to be questioned by lawyers for Alaskan natives suing the company. "The purpose is to be able to understand what each witness knows
      AFP  -  182 words
    • Article
      Lock icon Saturn cars with faulty systems to be replaced
      470 48 NYT DETROIT General Motors Corp's bid to make and market a small car that directly challenges Japanese models suffered a serious blow last Friday when its Saturn Corp announced a second recall and made an unprecedented offer to replace 1,836 cars with
      NYT  -  470 words
    • Article
      Lock icon Hungarian TV in crisis, but foreigners still kept off airwaves
      403 48 AFP BUDAPEST Hungary's television system is in crisis, with the state-owned network virtually paralysed by lack of funds and longstanding government promises of opening up to foreign operators still not fulfilled. The problems of the state-owned network a year after
      AFP  -  403 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      250 31 SSWEE HHG NETM. CO PTE LID IJL T\JA3 AVC 14.MKWUK** J3U TOJOt HO 2W7»3NMC#\. TEL: Ml MM (SlnMl m«PAX: Ml 2*M vjK HMcnfot tnUA/omrnm I rruzi niga yliati IkL ||||M .BwMctaikM ■91 wfyflliill'' 'OMtiM HCr Hplf mupoM. MALAfSU •OtaMlttM nKuff»m ITH Tr«*. cmmim l»n MM Trueht MmMlnp* enTOH OESMN MNOVATION
      250 words
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      Page 31 Advertisements Column 2
      51 31 Atf Forwarders 15 At FragM Schedule 16 Container Schedule 17 Courier Serwces 15 Cruse Ferry Schedules 16 Daly Fraghts 2 Index to Advertisers 3 Port Condrtwa 16 Shppng Agents 15 SNwng Gude 10,11 Shpsales/Tartier Rates 16 Stops in Port W Smgapore Tiles 17 Transoort Diary 2 Weather and Sea Conditions
      51 words
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      Page 32 Advertisements Column 1
      120 32 mmm Hfc J Bi- T K> sfl v j^Br Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that af(ect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your mow J- trough Business Times.
      120 words
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      Page 33 Advertisements Column 1
      2317 33 rr —o awwwwj i'»»j ii ivvi PL i 1 JAROINE SHIPPWC AGENCIES 200 Cantonment Road #1205 South point Singapore 0208 \lVVf# t«i 22iaoii telex no rs ***** ■llllf TERMINAL/CFS Tel *****18 220 rKmfli bookings T«H vOCQf J pesaka jardine shipping AGENCIES SON BHD. PORT KELANG TEL *****18 TELEX NO. MA*****/MA*****
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      Page 33 Advertisements Column 2
      929 33 [MDEX ADVERTISERS Page Col Page Col X Macoline 12 3 Maersk Line 3 4/5 MISC 14 1-3 ABC Containerline 12 1 M'sia Shpg Corp 9 1/2 Accord Group 8 1-3 Albatros Sea-Air 14 3 Mercury Line Allied-Link 16 4/5 *MOL 18 4/5 APL 5 3-5 MOSK (Forest) 5 5 APC
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      Page 33 Advertisements Column 3
      1928 33 TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ROTTERDAM 18 DAYS ETD WEEKLY THURSDAY ANO SUNDAY SINGAPORE/HAMBURG 20 OAYS Vessel Voy ETA ETO "Port 'Pen»ng T DESTINATIONS Singapore Kelang Thi« «tee« Mairiiae Meertk 9106 Feeder b» cv 21/s oeoo hrs Pmio Hi BHfIpBBI HI 188 HBI CPS 20/5 2358 HRS OAK LGB
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      1218 34 x .ii.. |rottedam/| VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KURAMA 10/119 16/5 6/6 4/6 3/6 FRANKFURT EXPRESS 56/319 19/5 5/6 7/6 10/6 11/6 TOKIO EXPRESS 99/120 23/5 13/6 11/6 10/6 1. All MUTMUNO l>. KAMAKURA 17/320 26/5 12/6 14/6 17/6 18/6 RIUM 4 HWAIK CAMO KASUGA 15/121
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      Page 34 Advertisements Column 2
      505 34 Hky. WM DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 26/5 9/6 11/6 1//6 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO APIA NUKUAIOAfA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI |P€RU) ISLA FLOREANA 2208E 26/5 30/5 1/7 4/7 6/7 7/7 Agents >l|ll< SINGAPORE:
      505 words
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      Page 34 Advertisements Column 3
      1486 34 tuzmm REGULAR INDEPENDENT FULL CONTAINER SERVICE WgSf&OUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9111-3 24/05 13/05 14/06 17/06 18/06 19/06 20/06 21/06 22/06 JAPAN SEA 112W 01/06 20/06 21/06 25/06 26/06 27/06 28/06 29/06 30/06 NORASIA
      1,486 words
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      Page 35 Advertisements Column 1
      2123 35 snipping times, tuesaay nay u 1991 i Steamers Maritime Holdings Ltd P&O ~Ht W| STRAITS SHIPPING Uu w Singapore to Brunei, East Malaysia, Containers MM w to, No Pen +PM Isixxe A% Sob Ant Dot Ht« DOt SA LS IAUS! NIAEKSK »1« 1104 1305 IS.OS 1005 <1206 0306 0506 CAHU)
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      Page 35 Advertisements Column 2
      2020 35 TO: U.S.A./PANAMA FM: U.S.A./PANAMA SP OAK IGB CRI roe SAW NOR NYC Mrc NOR S*" CRI LCB OAK SP aftNAN SENATOR IF 111 1M U* ll* Mi 111 OS* OAKLAND WA 114 J/« M /4 12,4 21,| nH 2li CHOTANC PARK If 120 2S.S IM 2W ill i f 7)7
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      Page 35 Advertisements Column 3
      437 35 L'Uiiaaa'j STRAITS/ JAPAN/ STRAITS SERVICE I LOADING FOR YOKOHAMA j ASEAN TRADER VlO j ETA SPORE IN PT I ETA KUANTAN 16/5/91 j LOADING FOR SENBOKU/NAGOYA/ YOKOHAMA j COSMIC TRADER VlB j ETA SPORE 25/5/91 LOADING FOR BANGKOK I M.V. TRONO V 76 J ETA SPORE 17/5/91 1 ETA BANGKOK
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      Page 36 Advertisements Column 1
      723 36 iXggMU CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY S TORE ROAM,ADAM H BURG BREMEN ANTWERP KUTAI22WB In Port 14/6 »/6 25/6 30/6 MATARAM/2WB 20/6 22/7 27/7 31/7 3/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ect to Inducement. Alto accepting cargo to Casablanca. Port Said, Port Aleiandria, Genoa.
      723 words
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      Page 36 Advertisements Column 2
      953 36 Wi4 W HANJIN SHIPPING I FEEDER VSL SIN LINE HAUL LAX OAR HANJIN HAMBURG 006E 19/5 DIRECT 10/t 12,6 HANJIN KAOHSIUNG 004E 23/5 DIRECT 12* IS/* HANJIN VANCOUVER 0051 27/5 DIRECT 17/6 20/6 NB T/S AT MJSAN FEEDER VSL SIN LINE HAUL SEA VCR S'pore H Kong Kaoshiung Kobe Yoko
      953 words
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      Page 36 Advertisements Column 3
      1305 36 IPKL SGP HKG KSC KLG PUS MKT OSK NCY SHU TVO LAX CHS BAI NYC LHV ANW ROM THP HBC PSD CMB PKL SGP I GIANT RE 043 15/5 lift 20,5 21/S M/S 2lfl #5 31/5 lft W 13* Bfi Vfi 29* tfj *7 10/7 11/7 l«/ 7 W 2/1
      1,305 words
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      Page 37 Advertisements Column 1
      2253 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) ,T BOOKINGS NEPTUNE LINK TEL: *****00 #*1# UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 ■Hjfc TERMINAL OFFICE *****22 DOCUMENTATION DEPT *****44/*****14 flpSapflfa CFS: K27 IMPORT *****69/*****50 CFS: K27 EXPORT *****53/*****04 NEPLINE SDN BHD MALAYSIA K
      2,253 words
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      Page 37 Advertisements Column 2
      1102 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 EASTBOUNO LOADING FOR WESTBOUND TRANSHIPPED AT ROTTERDAkT VESSELS VOY |sii |VIA MUG VOY
      1,102 words
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      Page 38 Advertisements Column 1
      1790 38 K 4 *UT AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****79 BJ MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD A TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 mm|' KAWASAKI KISEN KAISHA LTD INDONESIA: P.T. SARANA LAUT INTERNUSA TEL:
      1,790 words
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      Page 38 Advertisements Column 2
      1176 38 PHIU-OttICNT UN€S PT€ LTD 108 ROBINSON ROAD 007 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 20 MAY MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 17 MAY pUBAt
      1,176 words
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      Page 39 Advertisements Column 1
      1484 39 ■i i-iJv PACIFIC INTERNATIONAL LINES (PTE) LTD g'gw Jvflhv PIL Building, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA I [BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EQUATOR MAS 03N 16/5 18/5 23/5 KOTA PAHLAWAN 9118 15/5 18/5 22/5 KOTA JADE 9110 18/5 21/5 25/5 PEGAGUS
      1,484 words
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      Page 39 Advertisements Column 2
      1011 39 BENLINE 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 Depma 148 16/5 2/6 3/6 5/6 6/6 City of Edinbuigh" 146 17/5 8/6
      1,011 words
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      Page 39 Advertisements Column 3
      536 39 Mgk MYANMA yßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg MERGUI VIOSW In Pt PATHEIN VUIW 15/18 May HPA AN VI63W 22/25 May PAGAN VIO7W 25/28 May THE BANK LINE (A service of Andrew Weir Shipping) \T SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I
      536 words
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      Page 42 Advertisements Column 1
      757 42 TO AUSTRALIA/NEW ZEALAND VSL [sm~ Frem TSleib [syd I Audi NP£ |P CHALM LLLEN HUOIG IVS 22/5 27/S »S Hi 3 t/6 brussu ;?i »ji Hi la* liS n/i Hi Hi >. veroiml m lis m "HI as 4/7 Id ANTWLRPLN 273 276 til 9(7 U/7 M/ 7 22/7 24/7
      757 words
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      Page 42 Advertisements Column 2
      1034 42 ["OUTBOUND VOY PKIT PNG JKT SlN~[ HK(fKAO KEE TYO SM2 NCO KOB fvESSEL VOY SIN PKL PNG BLW SIN ACX DAISY 13 18 5 "13 5 175 ITS 2?5 29 5 30 5 ICEBIRO SA~ 15 5 It 5 17 5 20 5 TSK CHORUS 198 '18 5 16 5
      1,034 words
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      Page 42 Advertisements Column 3
      1622 42 /fe Funs CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TE R L S coship 2. MISTRI ROAD. HMC BUILDING FAX: *****66 #15 00. SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: COSTAR SHIPPING PTE LTD TO HONGKONG AND CHINA ™OM HONG KONG AND CHINA VESSELVOY SCP HKG
      1,622 words
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      Page 43 Advertisements Column 1
      972 43 UKC CONVPmOWAI IMVICT Vessel PKL PNC P C. Loading tor A VESSEL 28(05 Rotterdam, Antwerp CHINA FUIX COjjUWn IKKVICI Vessel SGP PKL BKK HKG QIN SHA YANGFANGKOU 151 02/6 03 6 07/6 12(6 16/6 YANGFANGKOU 153 02/7 03/7 07/7 12/7 16/7 Alio accepting other chines* ports >ia HKG Aumum rou
      972 words
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      Page 43 Advertisements Column 2
      335 43 RICHFIELD MARINE AGENCIES (S| PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) f\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA |LOADING FOR SPORE ABBAY WO NZ ?BWB 30/05 OAR ESS Al AAM MOMBASA DJIBOUTI ASSAB MASSAAA NET
      335 words
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      Page 43 Advertisements Column 3
      630 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD i eta eta eta SPORE PORT KEIANG PENANG BLUE JADE 25/5 loading for Male IRUVAI HUDHU 25/5 Loading for Calcutta DOLPHIN 125 11/5 Loading Tor Bangkok PIONEER SUPREME In Port Loading For Male DONAKULHI 25,5 Loaded For Feliwa'u PROGRESS LIBERTY 6/6 Loading
      630 words
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      Page 43 Advertisements Column 4
      839 43 SYDNEY/MELBOURNE BANGKOK WtSStl SPORE SYQ Mtl VESSEL VOY SINGAPORE BANGKOK PIYA BHUM 0704 18-19/5 03-V* Ql llh MAHA BHUM# 57N Wed 15/5 Sat 18/5 PLANETA 0849 18-20/6 22-24/6 JENLINK SSN Thur 16/5 Sun 19/5 PIYA BHUM 0905 20-21/6 03-5/7 07-8/7 BENJA BHUM 05N Thur 16/5 Sun 19/5 P.KELANG/PENANG/KUANTAN bhum#- un
      839 words
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      Page 44 Advertisements Column 1
      1478 44 ,MAC-nels SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 PENANG TEL (04) *****6 KK IEL (088) *****0 TAWAU TEL (089) 7/86/9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 |-|\-/VV* J ba HRU TEL (07)*****2 SIBU TEL (084) *****2 SAMIKEI TEL (084)*****8 I W X JAKARTA
      1,478 words
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      Page 44 Advertisements Column 2
      379 44 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING KCI. LCI. FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK IYT MANOAMA 0596 20 May 30 May Via NPL 1 Jun
      379 words
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      Page 44 Advertisements Column 3
      712 44 /3EI THONG SOON LINES PTE. LTD. XX I 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 I SINGAPORE TO SABAH VESSEL JvOY
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      Page 44 Advertisements Column 4
      329 44 U S A Frata Container Lines Pte Ltd are pleased to offer NVOCC Services SINGAPORE/USA in accordance with regulations of FMC with whom a tarrif has been filed and a Bond posted Voyage Etd Eta L.A. Eta N.Y. FRATA USA V9lOl 19/5 10/6 23/6 FRATA USA V 9102 17/5 7/6
      329 words
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      Page 46 Advertisements Column 1
      156 46 fWT SIGNIFICANT SHIPPING \~WEEKLYLCL CONSOLIDATION SERVICES DUBAI, BAHRAIN. DAMMAM, MUSCAT, ABU DHABI, DOHA, SHARJAH, BANDAR ABBAS AND JEDDAH. __JTA__SIN_ 17/ MAY, 20/ MAY, 27/ MAY 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.
      156 words
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      Page 46 Advertisements Column 2
      8 46 Read Chartpoint in BT every Saturday k j
      8 words
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      312 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 Q2OO 0300 0400 0500 0600 0700 0800 0900 **********00 *****400 *****600 *****800 1900 *****100 *****300 JR 28 23 1.3 0.8 06 05 03 05 10 1.7 2.3 2.5 2.6 2.4 2.0 1.5 1.1 09 09 1.1 16 2.3 30
      312 words
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      Page 48 Advertisements Column 1
      754 48 CHARTPOINT Every Saturday in Business Times HYUNDAI A MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY JHR PKE SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCMjSEA PTL WAN HAI 203 013 11/05 12/05 15/05 LALANOIA 40E 10/06 13/06 16/06 HABOUR BRIDGE
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      Page 48 Advertisements Column 2
      553 48 [CHARTPOINT I Every Saturday in Business Times Fe«d*r from Voy PNG PKL Motif Vnul Vof SIN LAX OAK MOU DAL CHIf NOR MEM NYC OUR USA < AM BHUM V SttN 14/5 ALLIGATOR HOPE V 412« 20/5 l/t wT 11* 1W 12<t UK 14/t I SERVICE CALLS t AAA BHUM
      553 words