The Business Times, 15 May 1991

Microfilm: NL17494
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, May 15, 1991 75*
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  • NEWS SUMMARY
    • Article
      First Executive Corp files for bankruptcy
      49 1 LOS ANGELES Eirst Executive Corp said it has filed for reorganisation under Chapter 11 of the US Bankruptcy Code in US Bankruptcy Court for the Central District of California. First Executive had incurred massive losses on junk bond holdings, weakening its financial condition.
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    • Article
      Demand for US retail goods dips
      52 1 WASHINGTON US retail sales fell 0.1 per cent in April but demand for a range of durable goods strengthened, the Commerce Department said. The decline followed a sharply revised 0.4 per cent increase in March sales that originally was reported as a 0.8 per
      52 words
    • Article
      Benetton's expansion
      39 1 CLOTHING company Benetton Group SpA is launching an ambitious expansion plan in this region in the hope that, by 1995, sales from the countries will contribute about 10 per cent of the group's total turnover Page 2
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    • Article
      Quality of growth
      33 1 IMPROVEMENTS in the quality of capital and labour or what is known as growth in total factor productivity (TFP) have yet to contribute substantially to Singapore's economic growth Page 2
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    • Article
      Into the 21st century
      43 1 THE strengthening of intra- I Asean cooperation through a group such as the East Asian Economic Grouping (EAEG) can help prepare Asean for the next century, said Malaysia's International Trade and Industry Minister Datuk Seri Rafidah Aziz Page 7
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    • Article
      US output recovers
      28 1 AFTER six months of continued declines, US industrial production stabilised in April. The recovery bolstered hopes that the recession may be bottoming out Page 10
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    • Article
      Hard sell
      25 1 FILM-MAKERS are using "hard sell" to lift the movie industry in the Land of the Rising Sun out of the doldrums Page 17
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    • Article
      Rigbuilders' cheer
      29 1 THE rigbuilding sector, which saw a drop in turnover in 1990 after three successful years, is expected to pick up this year. Shipping l imes, I'g I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      29 1 THE US stock market tumbled early yesterday, mirroring a sharp downturn in bond prices. The Dow was otT 14.31 to 2,910.11 in the first hour of trading.
      29 words
    • Article
      Footsie up
      35 1 SHARES traded modestly higher at midday yesterday following a surge of interest in the chemical group Imperial Chemical Industries (1CI). At about 1100 GMT, the FTSE 100-shares index rose 4.4 points to 2.491.0.
      35 words
    • Article
      UOB in Xiamen
      39 1 THE UOB group is to build a commercial and residential building in the heart ot Xiamen. The project will make UOB one of the first foreign banks in China to have its own building Page 3
      39 words
    • Article
      Wearnes' Soviet plant
      21 1 WEARNES Technology proposes to set up a plant in the Soviet Union to produce personal computers Page 3
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    • Article
      Poehl denies report
      35 1 KARL Otto Poehl, the longtime president of the Bundesbank and Western Europe's most powerful central banker, has pointedly decided to deny news reports that he will resign later this year Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 731.98 +2.16 Kuala Lumpur ....587.12 +2.13 Tokvo 26.030.08 -63.12 Hongkong 3,785.14 +17.51 Sydney 1,518.7 -3.9 Monday Change New York 2.924.42 +4.25 London 2,486.6 -37.7
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    • Article
      CURRENCIES
      24 1 Exchange rates USS ss 1.7685 100 Yen SS 1.2709 MS SS 0.6410 Money market rates Overnight 4 3/8 1/8 3-month 5 1/16% 1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS358.00 USSI.25 Rubber Spore June.. 145.75'/kg unch M'sia June 225 00*/kg unch KL Tin Turnover 75 tonnes -35 Spot MS 15.46/kg +0.02 Crude palm oil Turnover S>48 lots 446 May MS 799/tonne +2
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  • Article, Illustration
    Smiles after closed-door meeting of five leaders
    461 1  -  The Chambers controversy By Diana Oon THE Singapore Federation of Chambers of Commerce and Industry (SFCCI), which just weeks ago was divided over who should be president, now appears to be speaking with one voice that of its president, Mr G Ramachandhran. Leaders
    461 words
  • Article
    Marine industry posts best results in almost 10 years
    462 1  -  By Selva Kumar THE local marine industry last year weighed in with a $2.26 billion turnover, its best performance in almost a decade. And this outstanding achievement, which was attained despite the Gulf crisis, can be sustained this year because of
    462 words
  • Article
    How Singapore yards can carve out niches
    181 1 THE ASSOCIATION of Singapore Marine Industries (ASMI) is doing a study on how Singapore yards can move away from mass competition by can ing out niche and captive markets. Mr Choo Chiau Beng, the president of ASMI, said that the study will look
    181 words
  • Article, Illustration
    Navy chief to join PSA next month
    249 1 AFTER heading the Republic of Singapore Navy (RSN) for the past five and a half years, Commodore James Leo Chin Lian will relinquish his appointment next month to join the Port of Singapore Authority as its executive director. A statement from the Ministry
    249 words
  • Article
    Haw Par starts regional Tiger Balm joint ventures
    385 1  -  By Chuang Peck Ming THE Haw Par group is setting up four joint ventures in the region to manufacture Tiger Balm products. Two of the joint ventures, in Indonesia and the Philippines, involve an initial investment of about $10 million by Haw
    385 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      164 1 l> v T v O" jr AVAILABLE AT LEADING STORES W. OPTICAL SHOPS Aircraft Schedule 27 Money Market 25 World News 10,11 Commodities 26 Regional Co News 4 Cryptic Crossword 27 Regional News 7.8 Editorial 12 Regional Stock Markets 23 For market indices, editorial, Financial News 6 SES 18,19 advertising
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      Page 1 Advertisements Column 2
      13 1 Kigbuilding sector likely to bounce back this year, Shipping l imes, Pg I
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      Page 1 Advertisements Column 3
      189 1 yg BOUTIQUE: #02 39 Centrepomt Tel 235 0314 CORNiRS AT MIIWANI, TMt MfN'S FASHION STORI: #0118 International Building Tel 737 5342 #02 55/56/58/59 WismaAtno Tel 235 5325 Leaner Haw Par roars into the future, Pg 12 Keeping accountants accountable FAR-REACHING changes have been proposed for the accounting profession in Britain.
      189 words
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  • HOME NEWS
    • Article
      Public discussion of tentative ideas
      178 2  -  LETTER TO THE EDITOR James Fu Chiao Sian Press Secretary to Senior Minister 1 K*ar Kditor, AT A PRIVATE MEETING in the Keidanren in Tokyo on May 10, a Japanese industrialist asked Senior Minister Lee Kuan Yew why Singapore supported the EAEG (East Asian Economic
      178 words
    • Article, Illustration
      Benetton intensifies Asian thrust
      434 2  -  Clothing group seeks to double regional sales in four years By Hong Lee Tiam CLOTHING company Benetton Group SpA is launching an expansion plan in this region that will enable the Venice-based manufacturer to double its regional turnover in four years. By 1995, regional sales would
      434 words
    • Article
      Philips introduces lighting that lasts 60 times longer
      225 2 PHILIPS LIGHTING has announced a breakthrough in lighting technology with a lighting system that extends the operating lifespan of the lamp by 60 times that of the standard incandescent bulb. Called the QL Induction Lighting system, the lamp's lifespan is extended by
      225 words
    • Article, Illustration
      S'pore behind in quality of capital and labour
      385 2  -  By Anna Teo COMPARED with the industrialised countries, improvements in the quality of capital and labour or what is known as growth in total factor productivity (TFP) have yet to contribute substantially to economic growth. Latest figures show that TFP growth accounted
      385 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      183 2 ._+).),].$,{!;.$;=>-!@|+|{=`=\( There Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. y lours. At UPS, we handle over 11 million deliveries every working day, spanning 180 countries and territories, worldwide. We track international deliveries electronically and speed them across borders using our Electronic Customs Pre-Alert
      183 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      UOB group plans building project in Xiamen
      343 3  -  From Lilian Ang in XIAMEN THE United Overseas Bank group is to build a commercial and residential building in the heart of Xiamen, a city in the province of Fujian. The project, which will make UOB one of the first foreign banks in
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    • Article, Illustration
      UOB chief reverses bearish forecast
      335 3  -  By Teh Hooi Ling WEE CHO YAW, the chairman of United Overseas Bank (UOB), has reversed his earlier gloomy forecast of the group's growth rate for 1991 and is now adopting a more bullish stance. Mr Wee, Singapore's Businessman of the Year for 1990, said
      335 words
    • Article
      Lock icon Foreign broking tie-ups: KL wants to know
      265 3 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange now has to inform the Ministry of International Trade and Industry of applications by foreign securities firms seeking tie-ups with local stockbroking companies, KLSE executive chairman Nik Mohamed Din Datuk Nik Yusoff said yesterday. He
      Bernama  -  265 words
    • Article
      Kuok's proposed KL listing part of a streamlining strategy
      718 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih IN THE mid-80s, he consolidated in the face of the shipping, hotel and commodity crunch. Today he is unbundling. In the past 12 months, Mr Robert Kuok has already listed three companies
      718 words
    • Article
      Wearnes Tech to set up plant in Soviet Union
      317 3  -  By William Chia WEARNES Technology, which is 97-per cent owned by home-grown multinational Wearne Brothers Ltd, plans to set up a plant in the Soviet Union to manufacture personal computers. Asian Finance, in a recent interview with Wearnes Tech managing director
      317 words
    • Article
      Cold Store reports available cash of $96.7 million
      221 3 COLD STORAGE Holdings (CSH) had cash in hand of $96.7 million at Dec 31, 1990, or about 77.8 cents for each of its 124 million shares. The information was given by CSH yesterday evening as part of its unaudited balance sheet for
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    • Article
      Lock icon Kontena Nasional to float subsidiary this year
      290 3 Bernama KUALA LUMPUR Kontena Nasional Sdn Bhd has shelved its listing plan but would instead float the shares of its subsidiary, Kelang Container Terminal, on the Kuala Lumpur Stock Exchange this year, chairman Datuk Khalid Ibrahim said yesterday. Kontena Nasional, a subsidiary of
      Bernama  -  290 words
    • COMPANY BRIEFS
      • Article
        Yeo Hiap Seng (M) optimistic about 1991
        128 3 KUALA LUMPUR Yeo Hiap Seng (Malaysia) Bhd expects that its sales and profit would continue to improve this year given the current economic climate in the country, tight cost control and an expanded product and operations base. Chairman Alan Yeo Chee Yeow said
        128 words
      • Article
        Telekom to widen coverage
        97 3 KUALA LUMPUR Syarikat Telekom Malaysia Bhd aims to achieve wider national coverage for all its services and narrow the urban-rural gap in basic telecommunications, said its executive chairman. Tan Sri Datuk Dr Mohd Rashdan Haji Baba. He said the strong fundamentals underlying the Malaysian economy and
        97 words
      • Article
        UEM picks new growth areas
        76 3 KUALA LUMPUR United Engineers (Malaysia) Bhd has identified trading and transportation as new areas with high growth potential, chairman Tan Sri Radin Soenarno Al-Haj said in the company's 1990 annual report. In the post NorthSouth Expressway era and with the upturn in the manufacturing and
        76 words
      • Article
        MWE posts 99 pc rise in profits
        84 3 KUALA LUMPUR MWE Holdings Bhd has reported a 99 per cent jump in its group pre-tax profit to M$ 17.62 million for the year ended Dec 31, 1990 from M 58.82 million previously. Group turnover rocketed 318 per cent to M 5254.34 million
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      252 3 40* I've switched to ANA Hotel Singapore. A t ANA HOTEL SINGAPORE It. V.-im 11.11 I I ,1111.11 I I 101 l I tflliMl Ko-fl \-.ll«>ll>. VtHII II ,l\ol .Itolll <•!11 >« (>■ I 111 t. I.iv "Vl,-u-x \n\iimn kv'isr M i I THE REGALIA FREEHOLD HIGH CLASS LU^^IOUJTAPARtmknTS J
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Magnum settles deal to buy 50pc of Austotel
        105 4 WELLINGTON Magnum Corp Ltd said yesterday it had settled the Asloo million (S$ 130 million) purchase of 50 per cent of Australia's Austotel Trust from Standard Chartered Bank and BLM Hotels Pty Ltd. Magnum Australia Pty Ltd in Sydney has acquired the
        105 words
      • Article
        Unilever Indonesia's profit up
        82 4 JAKARTA PT Unilever Indonesia said net profit for 1991 increased 21 per cent to 49.55 billion rupiah, or 693 rupiah per share, from 40.87 billion rupiah, or 571 rupiah per share, in 1989. Sales rose 12 per cent to 553.52 billion rupiah from 493.25 billion rupiah.
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      • Article
        Venture to make glass bottles
        80 4 TOKYO Japan's Yamamura Glass Co Ltd said on Monday it had signed an agreement with diversified Philippine brewer San Miguel Corp to form a joint venture to produce glass bottles in the Philippines. The new company, owned 40 per cent by Yamamura and 60 per
        80 words
      • Article
        Lucky-Goldstar's mining plan
        92 4 SEOUL South Korea has approved plans by LuckyGoldstar International Corp, a trading arm of the LuckyGoldstar Group, to mine soft coal in Emsham, Queensland, jointly with Japan's Idemitsu Kosan Co Ltd and Australia's Bligh Coal Ltd, a company spokesman said. Lucky-Gold-star holds 5 per cent of the
        92 words
      • Article
        Polystyrene venture in Thailand
        100 4 TOKYO Japanese trading giant Mitsubishi Corp and a chemical affiliate announced on Monday the formation of a joint venture with Thailand's Toa group of companies to produce polystyrene for the South-east Asian market. The new Bangkok-based company, HMT Polystyrene Co Ltd, is capitalised at 300 million
        100 words
    • Article
      UK transport group expected to seek listing on HK bourse
      263 4 HONGKONG British transport group Tiphook is expected to announce its interest in listing on the Hongkong stock market, the South China Morning Post reported on Monday. With the move, Tiphook is the second major UKlisted transport group to seek a
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    • Article
      Lock icon Manila market may hit record high by year-end
      538 4 Reuter MANILA Reviving business confidence and election campaign spending later this year could push Manila stocks, which have doubled from Gulf war lows, past their 1989 record peak, brokers say. "The market is raring to take off," said Louie Bate, head analyst
      Reuter  -  538 words
    • Article
      UN starts venture capital fund for Indon firms
      464 4  -  USs2sm fund to help small and medium-sized businesses From Yang Razali Kassim in JAKARTA THE UNITED Nations Development Programme yesterday announced that it is launching a unique US$25 million (5542.5 million) venture capital fund to assist small and medium-sized businesses in Indonesia
      464 words
    • Article
      Lock icon Adsteam defers repayment of debt to Dec 31
      214 4 Reuter ADELAIDE The Adelaide Steamship Co Ltd said its bankers have signed an agreement extending the repayment date for all its debt to Dec 31, 1991. Agreements were also signed by all banks with Tooth and Co Ltd and David Jones Ltd.
      Reuter  -  214 words
    • Article, Illustration
      Tokyo plans to become major oil refiner
      427 4  -  By David Chew JAPAN'S plans to revive its mothballed refining units and increase its domestic refining capacity will make it a major oil refining centre and exporter in the Asia-Pacific region within the next four years, a Japanese oil company executive said yesterday.
      427 words
    • Article
      MDX diversifies into ? condominiums and office complexes
      216 4 MDX diversifies into condominiums and office complexes BANGKOK MDX Company, the developer of Bangkok's Gateway Industrial City, has announced its diversification into residential condominiums and office complexes in a multi-million baht combined investment. The Bangkok Post reported on Monday that the company is developing a large-scale industrial city on Bang
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      232 4 Discover A World Of Exciting New Opportunities At Asia-Pacific's International Showcase For... Halls 4 5, 21 25 May 1991 World Trade Centre Singapore Meet with more thon 360 companies and participating What You Can See At The Show groups from the Asia Pacific Europe and the United Stales Apparel Arts
      232 words
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      Page 4 Advertisements Column 2
      268 4 r gFf|BtflEHio<Bcr i I ■MtfM 22 -24 Nay 1991 1 I This course will introduce the participants to the various effective techniques B and concepts for avoiding the difficulties of planning and managing successful B software projects. The tools and procedures necessary for planning, estimating B I costs, managing the
      268 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Drexel unveils terms of settlement with creditors
      285 5 Reuter NEW YORK Under a final bankruptcy settlement, Drexel Burnham Lambert Group Inc will pay six fixed creditors 85 per cent of the first US$l.3 billion (552.2 billion) of proceeds, while secured creditors will receive 15 per cent after priority claims are paid,
      Reuter  -  285 words
    • Article
      Lock icon Two major American retailers report sharp increases in income
      381 5 NYT NEW YORK Nordstrom Inc and Dillard Department Stores, two of America's most widely followed retailers, reported sharp increases in quarterly income on Monday. Considering the "continuing sluggish retail environment", both Nordstrom and Dillard "did quite well for the first quarter",
      NYT  -  381 words
    • Article
      Lock icon Daimler-Benz forecasts lOpc rise in group sales
      324 5 Reuter STUTTGART DaimlerBenz AG, Germany's largest industrial group, expects 1991 group sales to rise about 10 per cent to 94 billion marks (about Ss97 billion) and it is generally optimistic about business in the current year. But it is still too early in
      Reuter  -  324 words
    • Article
      Lock icon Rolls-Royce unit wins £100 m Dubai deal
      327 5 FT LONIX3N NEI Reyrolle, part of Rolls-Royce's industrial power group, has won the UK's largest Middle Eastern order since the end of the Gulf war with a turnkey contract worth more than £100 million (Ss3oo million) to supply three sub-stations to Dubai. The
      FT  -  327 words
    • COMPANY BRIEFS
      • Article
        Marks & Spencer shares rise
        73 5 Marks Spencer shares rise LONDON Shares of British retailer Marks and Spencer pic rose on Monday in response to news that the group's pre-tax profit rose to £615.5 million (S$ 1.8 billion) in the year ended March 31, 1991, from £604.2 million a year earlier. The result was in line
        73 words
      • Article
        UK TV stations in bidding war
        86 5 LONDON Britain's independent television industry squares up for a bidding war today that will decide its fate for 10 years. Up to 50 groups competing for a slice of a £1.6 billion (Ss4.B billion) a year business will each deliver wheelbarrow-sized loads of paper
        86 words
      • Article
        Mitsubishi ties up with HP
        76 5 TOKYO Japan's Mitsubishi Electric Corp said on Monday it has signed a technological cooperation agreement with Hewlett Packard Co of the US. Under the accord, the major Japanese electronics maker will manufacture and sell high-performance computers which incorporate sophisticated Hewlett Packard technology. The computers to
        76 words
      • Article
        Boost for Louis Vuitton
        58 5 PARIS French luxury goods company LVMH Moet Hennessy Louis Vuitton SA said a pickup in baggage, perfume and beauty product sales since the end of the Gulf war, and recent exchange rate trends boosted the group's confidence. Last Friday, LVMH reported that first quarter 1991 turnover
        58 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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      90 words
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      Page 5 Advertisements Column 2
      22 5 A creative dinner menu of fifteen dishes, each served in tasting portions, for just $75.** -<-■■■■■■»- fc f OMM HOTELS ASIA PACIFIC J
      22 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Taiwan bank applies to set up HK office
        102 6 TAIPEI Taiwan's state-run Hua Nan Commercial Bank has applied to the Hongkong government to set up a representative office, becoming the first Taiwanese institution to do so in more than four decades. Bank vice-president Chen Yu-chi said yesterday the application was now
        102 words
      • Article
        CAE approves offshore banking
        107 6 DUBAI Offshore banks are to be allowed to operate in the United Arab Emirates, the country's cabinet decided on Monday. But a statement carried by the UAE's news agency WAM confused bankers because there was no central bank clarification on which banks could be set up
        107 words
      • Article
        Lower parent profit at DGZ
        83 6 FRANKFURT Parent partial operating profit at Deutsche Girozentrale Deutsche Kommunalbank (DGZ) fell to 128 million Deutschemarks (S$ 131.8 billion) in 1990, from 146 million in 1989, despite a sharply higher balance sheet total, the bank said in a statement on Monday. The jump in the
        83 words
      • Article
        Brazil debt investment fond
        82 6 NEW YORK Manufacturers Hanover Trust Co announced plans on Monday to launch the Brazil DFA fund, a fund in which it said smaller investors can gain access to a market "usually open only to substantially larger investors". The fund was described as an "investment vehicle designed
        82 words
    • Article, Illustration
      Lock icon Bundesbank head may quit soon
      575 6 Poehl refuses to deny reports that he will resign this year NYT BONN Karl Otto Poehl, the longtime president of the Bundesbank and Western Europe's most powerful central banker, will resign later this year, two leading West German newspapers reported on Monday. The reports were
      NYT  -  575 words
    • Article
      Lock icon US interest rates likely to remain stable
      504 6 AFP WASHINGTON US interest rates should remain stable in the next few weeks as monetary officials are unlikely to cut interest rates fur- ther with the first signs of recovery in the troubled American economy, experts i said on Monday. The Federal Open
      AFP  -  504 words
    • Article
      Lock icon Bad debts seen eating into Aussie bank profits
      358 6 Reuter SYDNEY Australia's three major listed banks will announce sharply lower first half profits and smaller dividends in the next two weeks mainly due to increased bad debt provisions totalling up to AS 1.6 billion (552.2 billion). Analysts forecast net profit falls
      Reuter  -  358 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      618 6 V* Haw Par Brothers International Limited (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Twenty-Second Annual General Meeting of the Company will be held in the Board Room of United Overseas Bank Ltd, 30th Floor, UOB Building, No. 1 Bonham Street,
      618 words
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      Page 6 Advertisements Column 2
      610 6 TIGER BALM '/Gt* UM E A member of the ££)Hawpar Group (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Third Annual General Meeting of the Company will be held in the Board Room of United Overseas Bank Ltd, 30th Floor, UOB
      610 words
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      Page 6 Advertisements Column 3
      65 6 Results of tender for taxable book-entry Government Bond 1991 due 15 October 1992 to be issued on 16 May 1991 Tenor approx. 2 years is S Amount Offered Allotted *****,000,000 Amount Applied *****.000,000 Interest/Coupon Rate 5.000% pa. /'< Average Yield Price on Allotment 4.70% pa. and 100.826% Cut-off Yield and
      65 words
  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article
      Lock icon EAEG can see Asean into 20th century: Rafidah
      403 7 Bernama KUALA LUMPUR Malaysia believes that the strengthening of intra-Asean cooperation through a group such as the East Asian Economic Grouping can help prepare Asean for the next century. International Trade and Industry Minister Datuk Seri Rafidah Aziz, highlighting several points concerning
      Bernama  -  403 words
    • Article
      Proposal to be aired at meeting of Asia-Pacific states
      263 7 MALAYSIA'S proposal for an East Asia Economic Grouping (EAEG) will soon be aired before its widest audience to date, some 300 high-level Asia-Pacific delegates at the general meeting of the Pacific Economic Cooperation Conference (PECC) starting on Monday. The Malaysian Minister
      263 words
    • Article
      Lock icon More M'sian exports to lose GSP privileges
      244 7 MBT KUALA LUMPUR More export items from Malaysia to the US will soon be removed from its Generalised System of Preferences (GSP) scheme. The latest list of items approaching the competitive need limit (CNL) status, and hence likely to be removed from GSP
      MBT  -  244 words
    • Article, Illustration
      Lock icon Talks with Soviets end on positive note, say Viets
      357 8 AFP HANOI Vietnam's official press said yesterday that talks between Vietnamese and Soviet officials in Moscow have had a "positive" outcome. Working visits this month between the two countries' communist party leaders and between their premiers arc considered crucial to economically
      AFP  -  357 words
    • Article
      Lock icon Myanmar's imports double, exports up 27pc
      241 8 UPI VANGON Myanmar's imports in the year ended Mareh 1991 more than doubled to 7.18 billion kyats (S$ 1.9 billion), while exports grew a mueh smaller 27 per eent to 3.5 billion kyats, an annual government report showed on Monday. The resulting trade deficit
      UPI  -  241 words
    • Article
      Lock icon Manila short of funds for debt plan
      240 8 Reuter MANILA The Philippines will need up to US$l billion (551.77 billion) to implement the second stage of its debt reduction programme but has less than half this amount at present, central bank governor Jose Cuisia said. "We may have difficulties pursuing the
      Reuter  -  240 words
    • Article
      Lock icon Aussies' high inflation rate likely to fall
      555 8 Reuter SYDNEY Australia's stubbornly high inflation rate could fall to the lowest level in over 20 years in the three months to March, possibly triggering another cut in official interest rates, economists said on Monday. They forecast the March quarter consumer price index,
      Reuter  -  555 words
    • NOTE BOOK
      • Article
        Malaysia considering foreign labour levy
        140 8 KUALA LUMPUR Malaysia is considering a levy on foreign labour to curb the influx of immigrants, but plantations owners say the move could hit them badly. Malaysia's Labour Minister Lim Ah Lek was quoted by the Star newspaper as saying the Cabinet had asked the
        140 words
      • Article
        Thai industrial output growth dips
        71 8 BANGKOK Thailand's industrial output growth slowed to a preliminary 12.2 per cent year-on-year in March against a revised 12.6 per cent the previous month and 16.3 per cent a year ago, the Bank of Thailand said. The bank earlier put the February growth at 12.5
        71 words
      • Article
        Manila official against oil price cut
        78 8 MANILA A Philippine official on Monday cautioned against an immediate domestic oil price cut despite lower prices in the world market, saying it would imperil foreign loans tied to the country's economic reform programme. Central Bank Governor Jose Cuisia said that despite more stable
        78 words
      • Article
        Myanmar to reopen universities
        108 8 BANGKOK Myanmar's ruling military junta plans to reopen colleges and universities later this week after a more than two-and-a-half year closure, the official Radio Yangon reported on Monday. The Yangon army division commander, Major General Myo Nyunt, told a meeting at the Yangon Arts and Science
        108 words
      • Article
        Thai minister arrives in China
        105 8 BEIJING Thai Foreign Minister Arsa Sarasin arrived in Beijing on Monday for a three-day visit and said he would seek the Chinese government's opinions on a wide range of issues. Mr Arsa was met at the airport by Xu Dunxin, a vice foreign minister who
        105 words
      • Article
        Move to boost Czech-Thai trade
        68 8 BANGKOK Visiting Czechoslovak Prime Minister Marian Calfa agreed in talks with his Thai counterpart Anand Panyarachun to boost bilateral trade on Monday, a government spokeswoman said. Mr Calfa agreed that his country would import more Thai agricultural products in an effort to reduce a hefty
        68 words
      • Article
        Indon minister's advice on aid
        108 8 JAKARTA Indonesia should rely less on foreign aid,* which is likely to diminish as donor nations focus on new' problems, its Coordinating Minister for Economic, Finance j and Industry said on Monday. "We should return to our principle of relying on our own sources instead
        108 words
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      168 8 AUSTRIA STYLE '92 SINGAPORE May 15th 17th, 1991 2.00 p.m. 6.30 p.m. ANA Hotel Singapore Fabrics Garments Accessories 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 MAKWANA BRUEDER BAUMANN
      168 words
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      Page 8 Advertisements Column 2
      86 8 "I was in and out in 1 hour and I TTIIXIJLI.Lv/U I JLcIL With the new Business Lunch menu at the legendary Maxim's de Paris, you'll enjoy a truly exquisite lunch in a shade over an hour. A full 3 course meal with a choice of appetizer, main course, dessert,
      86 words
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      Page 9 Advertisements Column 1
      507 9 I Some lines of thought are I I wor th pursuing more than others. I I If you're racking your brains I I trying to figure out the most profit- I I able way to invest, consider a new I I idea. Schroder Unit Tnists. I I Geniuses who invested
      507 words
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  • THE WORLD 1
    • Article
      Lock icon Industrial output figures raise hopes over US recession
      315 10 FT WASHINGTON US industrial production stabilised in April after six months of declines, bolstering hopes that the recession may be bottoming out. A rise of 0.1 per cent in industrial output reported last Sunday, while not a statistically significant increase, follows other
      FT  -  315 words
    • Article
      Lock icon Soviet Bill to ease travel fails to gain parliament nod
      261 10 AFP MOSCOW The Soviet parliament on Monday again rejected a long-awaited move to ease travel restrictions for Soviet citizens, Kremlin officials said. One of the parliament's two chambers, the Council of the Union, voted to adopt the Bill, but the
      AFP  -  261 words
    • Article
      Lock icon Saudi Arabia close to activating US$ 4.5b loan
      264 10 FT LONDON Saudi Arabia is close to calling upon a US$4.5 billion (about 557.92 billion) loan from international banks, having negotiated an increase in the loan's size and a reduction in the interest margin charged, bankers here said on Monday. They said
      FT  -  264 words
    • Article
      Lock icon Breakthrough in EC-EFT A talks
      401 10 But Switzerland disagrees with parts of accord on common market Reuter BRUSSELS The European Community and the European Free Trade Association (Efta) made a breakthrough yesterday in talks on an accord that would eventually unite a 19-nation common market of 380 million consumers. But the
      Reuter  -  401 words
    • Article
      Lock icon Strong quarter may not herald rebound in Japan
      522 11 Economists warn of downturn if rates are not cut Reuter TOKYO Japan's economy was probably stronger in the first quarter of 1991 than the last quarter of 1990 but this does not indicate it is on the rebound, economists said. They said
      Reuter  -  522 words
    • Article
      Lock icon Foreign investments taking off steadily in Hungary
      397 11 FT BUDAPEST Foreign investment in eastern Europe is beginning cautiously to take off after a false start during the brief post-communist euphoria. It has gone farthest in Hungary, traditional testing ground for the region's economic experiments, where liberal foreign investment laws appeared first
      FT  -  397 words
    • Article
      Lock icon Japanese firms expected to post 4.7 pc fall in profits
      435 11 Asahi News Service TOKYO Japanese corpo- rations that closed their ac- counts for the 1990 fiscal year in March are expected to record a 4.7 per cent decrease in pre-tax profits, according to a report by the Wako Research Institute
      Asahi News Service  -  435 words
    • WORLD WATCH
      • Article
        US sees international trade picking up in 1992
        91 11 WASHINGTON International trade will pick up in 1992, stimulating global economic growth. "World trade growth should continue to run at its historical rate of just over twice the pace of output growth, or 2.5 per cent in 1991 and around 5.5 per
        91 words
      • Article
        Nyet to Soviet observer at G-7
        80 11 NEW YORK President George Bush is not inclined to grant a request by Soviet President Mikhail Gorbachev to attend as an observer the upcoming economic summit in London of the seven industrialised powers, The New York rimes reported on Monday. But Mr Bush is
        80 words
      • Article
        No time to stand and stare
        116 11 TOKYO The Japanese enjoy economic stability but their standard of living still lags behind the United States and western European countries because of long working hours and a lack of infrastructure. The Economic Planning Agency, in announcing the New Social Indicators (NSI) figures for
        116 words
      • Article
        Fed pressed to cut rate again
        95 11 WASHINGTON The Federal Reserve is facing renewed pressure from the Bush administration and corporate America to supply another round of interest rate cuts to get the country out of the recession. Fed chairman Alan Greenspan heard firsthand over the weekend about how weak business
        95 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      177 10 FLY EMIRATES-FIRST AND BUSINESS CLASS TO DUBAI A n4u\\ f p\i vv\ u m\ /In w 1 Fly with Emirates to Dubai, a first class business and leisure destination. Relax in the comfort of our Airbus A3lO-300's. Stretch out in First Class head-to-toe sleeper seats or recline in Emirates' Business
      177 words
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      Page 10 Advertisements Column 2
      239 10 JKV i Delight in Shanghai Lavishness in Chang Jiang m\ Set Lunches When you are out to impress be they friends or associates, you'll like the Chang Jiang style. French ddvFjfl Gueridon service that is a two-time winner of the Iflhfl prestigious Tourism Awards' Excellence in Service (Asian Restaurants) award
      239 words
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      Page 11 Advertisements Column 1
      184 11 SIBEX—'9I Now, at the Changi International Exhibition Convention Centre Singapore Find out what 230 companies from 20 countries can do for your building and construction business. SIBEX '91 the 9th South East Asian International Building Exposition 15th 18th May 1991 The 9th staging of SIBEX at the SIBEX '91 will
      184 words
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      Page 11 Advertisements Column 2
      138 11 Blackhawks to the rescue xiinHov^rK C s f* a,a y P'ane disgorging a UH-60 Blackhawk helicopter at the Dhaka airport on Ihe giant aircraft was carrying supplies, including MREs (Meals Readv to Eat) and five of the Blackhawk helicopters. I hey »ill be used to fern military personnel during relief
      138 words
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  • Article
    Upgrading democracy
    508 12 EDITORIAL C 'NO Singapore leader," said Senior Minister Lee Kuan Yew last week, "can afford to put political theory above the practical need of stability and orderly progress." Addressing an Asahi Shimbun seminar in Tokyo, Mr Lee reiterated that genuine democracy is possible only when the character of
    508 words
  • WHAT THE OTHERS SAY
    • Article
      Not all eggs in one basket
      232 12 A MANPOWER SURVEY by the Institute of Banking and Finance and data from the National Productivity Board suggest that financial and business services suit Singapore to a T. Although the sector today accounts for one third of the economy, having replaced manufacturing as the
      232 words
    • Article
      Grab the golden chance
      154 12 EFFORTS by the US and Soviet Union to find an amicable peaceful solution to the Middle East issues is one of the best things to have happened after the Gulf War. Thus far, US Secretary of State James Baker has been finding it hard to persuade
      154 words
    • Article
      Prospects of Pudong
      140 12 THE CHINESE GOVERNMENT and Shanghai authorities have been vigorously promoting Pudong. However, an objective analysis of its prospects is necessary for those who are interested. Reconstruction is now needed in both Europe and the Middle East. There are also other major development projects in Asia which will
      140 words
  • REGIONAL VIEWPOINTS
    • Article
      Hopes for S Sulawesi
      169 12 HYDRO-ELECTRIC DAMS constructed and completed in developing countries have an almost sensual character about them that is not easy to define. The late Prime Minister Jawaharlal Nehru referred to these dams as "India's modern temples." For that reason, the official opening today by President Suharto of
      169 words
    • Article
      Stoop to conquer
      207 12 THE FUTURE has arrived early for Hongkong's system of government. Forecasts have been flying for months that the first directly elected members in the Legislative Council in September will change the way decisions are made. Even though they will fill only a third of the seats, their
      207 words
    • Article
      A great city needs space
      143 12 A MAN who is tired of London, said English social critic Dr Samuel Johnson a couple of centuries ago, is tired of life. Clearly it was his opinion that the British capital of the day was a centre for ideas and culture as well as
      143 words
  • Article, Illustration
    Leaner Haw Par roars into the future
    878 12  -  Changes made in Haw Par since Dr Hong Hai took over as CEO 15 months ago are producing results. Chuang Peck Ming reports Chuang Peck Ming HEADS have been rolling at Haw Par Brothers International, the company famous for Tiger Balm. In at
    878 words
  • Page 12 Advertisements
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      146 12 I I t 4 t 1 VS' > t PLAN THE PERFECT WEEDING BY THE SINGAPORE RIVEM The scene is set for your most dramatic moment. I S jsilT Take your place amidst the magnificent Tudor-styled architecture, surrounded by the grandeur of historical HHHHMBPPIRHIH landmarks. You're about to have the
      146 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 DOONESBURY BY GARRY TRUDEAU IMSORRV IT'S OKAY. BAB 6 R£-£STA&LISHING NORMAL MY SUPPORT6ROUP THAT'S (AJUi, NO. NOT HOOP'ilE' YOU'RE JITSTGOING INTIMACYWTER.EIGHT MONTHS <la y LCAVtR SAISWZ SKXJLV RIDICULOUS' THAT PART ?55% Zm"nrwr MSAN TO RGMJUSTtmr Hm IT SHOULVB& C6TYOU MANT 70 BE SNAP AT WU TtSCOMPUTWY jn IN TH£ BWfVOM
      61 words
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  • ANALYSIS
    • Article
      Lock icon Companies turn their consumer '800' numbers to profit
      851 13  -  Conglomerates in the US are using their toll-free consumer complaint lines to tap a gold mine of data about consumers and their needs. Clifford J Levy reports Clifford J Levy NYT EVERY 30 seconds or so, a consumer calls one of the
      NYT  -  851 words
    • Article, Illustration
      Lock icon Priesthood accounts for the mystery
      1183 13  -  David Waller analyses the Accounting Standards Board's review offinancial reporting in the UK and its international repercussions, while John CuiTan looks at the review's implications for Singapore David Waller John Curran FT ANTHONY Sampson, writing in 1962 in the first edition of his book Anatomy
      FT  -  1,183 words
    • Article
      Called to account
      828 13 THE PREPARATION offinancial statements requires a great deal of estimation. The balance sheets and profit and loss accounts that we read, along with the "integral notes," are not documents of great precision. They arc a snapshot of a corporation's financial status taken at a point in time
      828 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      100 13 i. v Currency 1 month 6 months 1 Rate effective as at 15 May 1991. f NATIONAL AUSTRALIA BANK LIMITED is a major Australian Banking Group with a branch right here in Singapore that can offer competitive deposit rates from 7 days to 12 months primarily in Australian. New Zealand
      100 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Woodforde proves a point
      642 14 AP ROME Mark Woodforde has decided to let his racket do the talking at Rome. "I had something to prove today," the tall, left-handed Australian said on Monday after he upset No 8 seed Brad Gilbert 3-6, 6-2, 6-4 in the first round of the Italian
      AP  -  642 words
    • Article, Illustration
      Lock icon Romero beats Sewy in Spanish Open play-off
      504 14 AP MADRID From the start, when they both set the course record, Eduardo Romero of Argentina and Seve Ballesteros of Spain made the Spanish Open golf tournament their own personal showcase. But it took Romero seven stirring play-off holes last Sunday to defeat
      AP  -  504 words
    • Article, Illustration
      Like a Cup Final
      779 15  -  The Liverpool v Arsenal clash may be business for the two clubs but to the fans in Singapore, writes Cassandra How, it 5... Cassandra How COME FRIDAY, the National Stadium will be given a Wembley facelift and the Anfield Roar shifted to Singapore as Liverpool takes
      779 words
    • SIDE LINES
      • Article
        Speedway's pit entrance causes concern
        163 15 INDIANAPOLIS There's a new concern for safety at Indianapolis, and for once it has nothing to do with speed. It's the pit entrance at the head of the main straightaway, a 320 kph pinball machine that can collect a car and ricochet it from wall
        163 words
      • Article
        Luton Town manager sacked
        121 15 LONDON Jim Ryan was sacked as Luton Town manager on Monday night just 48 hours after keeping the club in the English First Division for the second consecutive season. His dismissal, with two years to run on his contract, was blamed by chairman Peter Nelkin on
        121 words
      • Article
        Rodman top defensive player
        71 15 NEW YORK Detroit's Dennis Rodman, the top defender on the NBA's top defensive team, was named the league's Defensive Player of the Year on Monday for the second straight season. Rodman received 51 of a possible 96 votes from a nationwide panel of sports writers and
        71 words
      • Article
        Anderson in Tour Du Pont win
        82 15 RICHMOND, Virginia Phil Anderson of Australia emerged from a massive pack to edge Bob Mionske and Cezary Zamara out and win the fourth stage of the Tour Du Pont bicycle race on Monday. Anderson earned his sixth victory of the season in the 141-km
        82 words
      • Article
        Maradona's drug case
        78 15 BUENOS AIRES Police tests show that a white substance found during the drug arrest of soccer star Diego Maradona last month is cocaine of "maximum purity a private news agency said on Monday. Citing court sources, the agency, Diarios y Noticias, said police laboratory tests showed that
        78 words
      • Article
        Lufthansa Open: two seeds fall
        121 15 BERLIN With Steffi Graf and Gab rie| aS a batini enjoyine first-round byes, two seeds fell as the USSSOO,OOO Lufthansa Open women's tennis tournament opened on Monday. Graf, the No 2 in the world, is the top seed, while Sabatini ranked third, is seeded second
        121 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      149 14 DIP into. There are three ways to take a mouth-watering dip into Alpine cuisine. Come and discover the rich and fragrant taste of cheese fondue. Or enjoy juicy beef, scallops, crayfish, prawns and fish accompanied by an array of savoury sauces. And for those with a sweet tooth, dip into
      149 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      263 15 We don't just light up your home. a household name, a familiar friend Today marks the 100 th anniversary W that you can of Philips lighting worldwide That's how While we take long we have brightened Singapore's this we wou,cl a,so ,ike t0 be known homes. Homes which also enjoy
      263 words
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  • Page 16 Advertisements
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      191 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisinc. Rich piping hot steamboat. Lunch:! j Dclicatc Yangzhou Dianxin. Dinner: f> JO p.m. to li s in. j ami mhi-koi- cni.non i s Havt'ltxk Koa<l.Singapore I i-l:. .> >0011 F
      191 words
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      Page 16 Advertisements Column 2
      191 16 THE ITALIAN MAESTRO RETURNS 10th May 23rd May I j Pete s Place ts 01 en .r 1 .n' H'j to welcome C 1 I Vincen: Pecoraro ir.spreJ by the success un vi i visits, the Famous Italian Chef from Donate!! Re. 'aurant in Waifcoioa. v tii v,;li o>nc :n<
      191 words
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      Page 16 Advertisements Column 3
      58 16 Sf -.KV TH> R; ;i MAKE NO BONES ABOUT IT. Mr ,UI WV St C i Pla/.a Hon Lp <■ qJ Sichuan Splendour J c R«>sr i;ah?m x at IIIC j ROSE GARDEN m i c" P il y r -cscrva- and .ufcrma: pic hou t» 2154 id''. v/ _i
      58 words
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      Page 16 Advertisements Column 4
      201 16 VIVA ESPANA A s^|lij^jL f>H tridition.il S K 00 > I"i V ;-;ji! c-!,f>r:rs .5 X ..'< ,7i? I J|! :..:'f r ('Hci/tF r p^l Latby .*'ot L. l' s: *H Excelsior Hotel Tel. 33*-7733 s Happy Hours: spm to Bpm (Mori Sun) 11 1 1 ouy 1 Hemeken beer
      201 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      460 16 TELEVISION AND BADsV jm I ***** y' BUSINESS ON RADIO I I 11 700 AMCNN i.-tr BBC. 89.9 mHz in VHF Band II A VV-VA JLf l h3 O ci-c 7.10 am. 9.25 am, 1.30pm, 5.30pm, 6 30 pm CNN I t» iiat ost; ,s«tfs < 3.25 am: financial News
      460 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Reviving Japanese cinema
      926 17 Film-makers a re u** 'hard ,o lift ,he move indusuy In ,he Undof .he R«n g Sun ou. The Economist THE preview last month in Tokyo of Akira Kurosawa's new film, Rhapsody in August, was a nostalgic occasion: the tirst time in 21 years that the 80-year-old
      The Economist; Source: Pictures Association of Japan  -  926 words
    • Article, Illustration
      Lock icon Kurosawa opens an old wound
      593 17  -  A blistering attack on the US for bombing Nagasaki, or an entreaty to forgive and forget? Or is it neither? Michela Wrong on Kurosawa's latest controversial film effort Michela Wrong Reuter Japanese director Ak- m ira Kurosawa has touched a raw nerve in Rhapsody in
      Reuter  -  593 words
    • Article, Illustration
      Madonna thrills fans in Cannes with striptease
      224 17 CHATTERBOX ROCK star Madonna obliged her supporters with a brief striptease late on Monday as she arrived at the Cannes Film Festival for a special screening of Truth or Dare: In bed with Madonna, a documentary on her 1990 world tour. Close to
      224 words
    • Article
      Lock icon Will Rogers and Yonkers get top honours
      353 17 1991 Drama Desk Awards NYT rHE Will Rogers Follies was named best musical, and Neil Simon's Lost in Yonkers was chosen as Best Play in the 1991 Drama Desk awards, which were announced last Sunday. Lost in Yonkers also won for Best Actress
      NYT  -  353 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      165 17 >HP ENTERTAIN S. I sail I I rig! Entertainment I I SUNDAY TO THURSDAY a J G K I I ll Mongolian Buffet at New Park Cafe I Ij 1 From 1- 31 May, pick the choicest Ag~ j ingredients from our buffet spread /fpm'y I and let our chefs
      165 words
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      Page 17 Advertisements Column 2
      89 17 X ANNOUNCE Undine 1 ASSEMBLY SYSTEMS 11 Your Partner in Productivity I I I technological collaboration with HongGuan Technologies (S) Pt© Ltd No. 12 Tuas Avenue 11 Singapore 2263 §|g| Tel: (65) 661 -8111 Fax: (65) 861 -8211 SSSroS? SSSS I company 'n our ability I a .:3 and support
      89 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market inches upwards in lacklustre trading
      4563 18  -  By Salil Tripathi IN LACKLUSTRE trading, the benchmark Straits Times Industrials Index edged up 7.76 points to 1,525.15, gaining back about half the 14.93 points it shed the day before. Activity was listless in what one analyst described as "a featureless market". Gainers outnumbered
      4,563 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3738 19 Main Board S1A Foreign 1870 +20 1.1% GE Life 1500 20 +14% DBS Foreign 1310 +20 +16% <&C 600 20 3.4% SPH 890 +15 +1.7% Semb Shipyard 700 +15 1 2.2% OCBC Foreign 1110 +10 +0.*)% UOB Foreign 670 +10 +1.5% SAL-SIAF93 2000 150 +10
    3,738 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      288 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Inch Kenneth May 13 Dec 90 M$3,934($3.153) 47 7(?6 4a) 70(52 5a) H Leong Fin May 10 Dec 90 $36.762($34.858> 16 4(15 5a) 10(9 la) Intraco May 10 Dec 90 J/,028(113.518)
      288 words
    • Article
      CORPORATE DEVELOPMENTS
      170 20 May 13 Bousteadco Singapore is selling Lam Tong House in Pasir Paniang Rd to Jackson Lam Shiu Cheung for $9m. Far East Levingston Shipbuilding Ltd (FELS) has signed a conditional agreement to buy 42% of Contech Holdings Ltd, a Hongkong-based construction group, for HKJ33 3m (Ss7 3m). The
      170 words
    • Article
      DIVIDENDS ANNOUNCED
      1501 20 Current Ex Books Date Total (or Total tor payment date ctose payable the year last year Acma 5%TE Jun 5 Jun 17 Jul 1 10%TE Amai Steel 50c 10%(S) May 16 May 31 Jun 7 10% 12 6% Awno 20c 5%TE Feb 25 Mar 7 May 15 12
      1,501 words
    • Article
      PRELIMINARY RESULTS
      270 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend COOO) (cents) Chem Ind May 8 Mar 91 $12,814(111.317) 39 7(34 9) 15(13 6) HTP Hldgs May 6 Mar 91 $8,307($2.791) 6 7(2.6) 10o(—) inca Kenneth May 6 Dec 90 M$4 489(13.712) 47
      270 words
    • Article
      INTERIM RESULTS
      242 20 Company Date Half-year Croup pre-tax Interim ann to profit/loss (L) dividend (000) NST Apr 30 Feb 91 M$43.849($37.114) 10(10) SPH Apr 26 Feb 91 $110,396(584.977) 8(8) Times Pub Apr 19 Feb 91 $25,132($18.904) 4(4) Antah Wdgs Apr 10 Dec 90 M$18,075($14,587) Kump Emas Apr 5 Jan 91 M$5,333(M$7,552)
      242 words
    • Article
      BONDS, LOANS & WARRANTS
      816 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term for owe ordftnery shire C&C Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2 10 89 to 20/10/94 1 warrant plus SO 77 cash or 1 warrant plus JO 77 nominal amount of loan stock. Cluan tap
      816 words
    • Article
      RESULTS DUE
      485 20 Main Board Last Full Year Company Penod Date Tear Net EPS Gran Net amouiced endrj (cents) cfv profit last yew ($*000) Cerebos Interim Apr 27 Jul 91 12.6 200TE(a) 38.911 CftC Interim May 4 Sep 91 30 8 150 53.947 Spore Land Interim May 4 Dec 91 126
      485 words
    • Article
      APPROVED ISSUES
      255 20 Company Rights Issue DBS One tor ten $960 (local) or $10 50 (foreign) per share Ex4ate May 23 Boohs close Jun 5 Acceptance Payment NYA Duriop Est Restricted issue of $88 514m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CULS) 1991/19% issued on the basis of
      255 words
    • Article
      COMPANY MEETINGS
      137 20 The Great Eastern Life Assirance Co Ltd: 83rd AGM at 65 Chulia Street #18-01, OCBC Centre. Singapore 0104 tomorrow at 11.30 am. Aluminium Co of Malaysia Bhd: 30th AGM EGM at the Hyatt Sauiana Hotel, 3rd Km, Subang International Airport Highway. Petaling Jaya tomorrow at 11am. Keppel Corp
      137 words
    • Article
      PROPOSED ISSUES
      494 20 Company Rights Issue Ncom One foe two (n. M$1 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MJO 10 each at MJ1 per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Bolton One-tor four
      494 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      404 20 ng^onrT^rjTjr LIQUOR LICENCE NOTICE NOTICE IS HER EBYGIVENthat, I, Dahlia Ting Soy Tin of No 49 A Paterson Road, Grange Mansion Singapore 0923, have applied for a Isi Gass Public House (Extended) licence in respect of premises at M/s Duxton's Chicago Bar Grill at 6 9 Duxton Hill Singapore 0208,
      404 words
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      Page 20 Advertisements Column 2
      368 20 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Lee Lay Peng of Blk 282 Tampines Street 22, #08-280 Singapore 1852, have applied for a 2nd Class Beer House licence in respect of premises at M/s Bisa Cafeteria at Blk 105, #01-04 Cashew Road, Cashew Heights Singapore 2367, and that
      368 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks finish off day's highs on profit-taking
      4142 21 Bernama SHARE PRICES in Kuala Lumpur finished steadier yesterday but off their highs as late profit-taking, prompted by the weaker close in Tokyo, pared earlier gains. The KLSE Composite Index ended 2.13 points higher at 587.12, after touching 587.89, while the Industrial index
      Bernama  -  4,142 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      157 21 I 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
      157 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks finish easier as futures wilt
      2215 22 Reuter TOKYO STOCKS closed a bit lower yesterday after flagging futures prices sapped the strength of arbitrage buyers. Scattered bargain-hunting provided some support, but the market mood was to hold off until the appearance of fresh factors. "Technical trades were just about the only
      Reuter; Source: Reuter  -  2,215 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market ends firmer on better airport news
      1977 22 Reuter SHARE PRICES finished firmer yesterday but were off the day's high as investor optimism grew over Hongkong's controversial airport project, brokers said. "The mood is improving because of reports that China may be willing to compromise," said Larry Tam, director of Hongkong
      Reuter  -  1,977 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      30 22 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate BATHING BEAUTIES A new wave of swimsuits I A /Sf* I GET IT NOW GO MAY
      30 words
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  • REGIONAL STOCK MARKETS
    • Aussie, NZ stocks fall, others firm up
      • Article
        AUSTRALIA
        921 23 AUSTRALIAN shares closed lower yesterday following a sharp slump on Monday and ahead of the release today of March quarter Consumer Price Index data. Brokers said both offshore and local investors ignored the Australian bourse, resulting in a lacklustre performance. "The market's consolidating and should continue to do so
        921 words
      • Article
        INDICES & TURNOVER
        87 23 INDICES TURNOVER Close Previous May 14 SYDNEY All Ordinaries Index 1,518.7 1.523.1 -3.9 All Industrials Index 2.370.7 2.377.4 -2.7 All Resources Index 869.3 872.0 -2.7 Turnover (million) 80.07 9389 -13.82 BANGKOK SET Index 833.79 828.16 5.63 Turnover (million baht) 3,080 2.850 230 JAKARTA Composite Index NA 406.93 MANILA Composite Index
        87 words
      • Article
        BANGKOK
        769 23 IN BANGKOK, gains among some major stocks helped push the index up slightly yesterday as the prime gauge underwent corrections. The SET Index ended 5.63 points higher at 833.79 in thin trade of 3.08 billion baht. "The index is likely to move sideways between six to seven points this
        769 words
      • Article
        MANILA
        550 23 MANILA share prices yesterday closed firmer on the strength of the performance of two major issues and the higher Dow Jones index. The Manila Stock Exchange Composite Index rose 16.45 points to close at 1,125.86. The steady rise of the blue chips, telephone stock PLDT and the Philippine National
        550 words
      • Article
        SEOUL
        768 23 SEOUL stocks yesterday closed higher for the second consecutive day mainly in a technical rebound. The Composite Index closed at 638.61, up 7.77 points from Monday's close. Trading was comparatively bullish with 8.1 million shares traded against 4.2 million shares on Monday. "Today's rise happened in a technical rebound
        768 words
      • Article
        TAIPEI
        365 23 THE Taiwan stock index ended slightly higher yesterday after a day of slower trade as investors turned cautious and stayed sidelined. The Weighted Index gained 23.70 points to close at 6,125.79. Turnover was NTS4B.B billion against NT$6O.5 billion. Dealers said the market sentiment was sluggish as investors were concerned
        365 words
      • Article
        NEW ZEALAND
        117 23 NEW ZEALAND stocks took a pounding yesterday with the Barclays Index losing 40.91 points in a day of moderate trading. The fall to 1,497.30 followed Monday's 35-point drop. Brokers said the market hammering was the result of industrial giant Fletcher Challenge Ltd's placing NZ$l95 million worth of shares
        117 words
      • Article
        BOMBAY
        59 23 BOMBAY share prices yesterday closed mixed in thin dealings for the second day, undermined by uncertainty over the outcome of elections next week, brokers said. The Bombay Stock Exchange Index rose 3.80 points to 1,292.93. But the National Index, which represents the broader market, dropped 1.44 Co 640.08. The
        59 words
      • Article
        Untitled
        1073 23 Jakarta May 14 Rupiah VoH'OO) Abda 2500 Ahap Insurance 4150 i Alumindo Perkasa U ***** unch 65 Aqua Golden Missisip 9600 unch 5 Argo Pantes 7550 Aster Jawa 2250 unch 130 Astra Graphia ***** Astra Int'l Inc ***** unch 305 Asuransi Bintang 7950 Asuransi Dayin Mitra 7000 Asuransi Jiwa Panin
        1,073 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Wall Street edges higher in quiet trading
      • Article, Illustration
        NEW YORK
        1577 24 NEW YORK stocks edged higher on Monday in quiet trading as investors tried to figure out where the economy was heading. The Dow Jones Industrial Average tacked on 4.25 points to close at 2,924.42. Trading on the New York Stock Exchange slumped from more than 170 million shares
        1,577 words
      • Article, Illustration
        LONDON
        831 24 LONDON shares traded modestly higher at midday yesterday following a surge of interest in the chemical group Imperial Chemical Industries (ICI). The demand came from the brokerage firm Smith New Court, which confirmed that it was currently bidding £11.67 a share for up to 17.5 million ICI shares on
        831 words
      • Article
        Untitled
        232 24 Milan May 13 lire Ass Gen ***** +190 Bastogi 241 +5 Fiat 5282 5 Finsider susp IfiPriv ***** -101 Italcementi Ord ***** 670 Italgas 3105 5 Magneti M Pf 891 -2 Mediobanca ***** 220 Miralanza Mondadori Priv susp Montedison 1445 12 Olivetti Ord 3765 95 Olivetti Priv 2501 95 Pierrel
        232 words
      • Article
        AMSTERDAM
        271 24 DUTCH shares were mixed in early trading yesterday with no clear trend emerging after a hesitant performance by Wall Street on Monday. At 0910 GMT the CBS Tendency Index was 0.2 points higher at 94.6 after starting the week with a 0.5 point fall on Monday. Royal Dutch Petroleum
        271 words
      • Article
        PARIS
        161 24 THE PARIS bourse began fractionally lower in thin, directionless trade yesterday, with a meagre 240 million francs' worth of shares traded in the first 20 minutes. The CAC-40 Index started at 1,831.84, 2.61 points below Monday's close, then drifted to stand 8.15 points or 0.44 per cent lower at
        161 words
      • Article
        ZURICH
        276 24 LOWER money market rates and a strong Swiss franc led the Zurich bourse higher at the opening yesterday. The SMI Index of leading shares rose 9.9 points to 1,664.2 after about 10 minutes of trading. Lower rates helped banks and insurers. Union Bank bearers added 30 Swiss francs to
        276 words
      • Article
        FRANKFURT
        193 24 IN FRANKFURT yesterday, shares were steady near Monday's closing levels in lethargic early trade, with a sharp fall for tyremaker Continental the major feature. Continental said yesterday its 1990 pre-tax profit had more than halved to 153.3 million marks. It expected a further drop in 1991 group net profit
        193 words
      • Article
        JOHANNESBURG
        382 24 THE JOHANNESBURG market resumed its recent sideways pattern in lacklustre trading yesterday morning, reflecting a lack of any incentives to lift uncertain investors out of their lethargy. At 10:00 am, the JSE All-Gold Index had firmed slightly to 1,068 from Monday's 1,058 close, buoyed by slightly higher world bullion
        382 words
      • Article
        STOCKHOLM
        168 24 SHARES on the Stockholm bourse closed lower on Monday in a day of sluggish trading influenced by Friday's decline in New York and profit-taking in Astra. The General Index closed down 0.57 per cent at 1,027.02 in moderate turnover of 315 million crowns. The index of top-16 shares was
        168 words
      • Article
        TORONTO
        276 24 AFTER fluctuating in a narrow range through the day, Toronto stocks climbed marginally in late trade to close at session highs on Monday. Trade continued sluggish, with many investors waiting for yesterday's US economic figures. The Composite Index closed up 2.1 at 3,492.7, with transactions valued at C 5259.2
        276 words
      • Article
        Untitled
        43 24 Vienna May 13 Asch Akg Holding 4880 1170 E Allgem (Prcf) 3550 70 Junghun/I *****+ 1060 (Prcf 621 +9 I cn/ing 1510 20 Lcykam 470 2 Montana Ocstcrr Brau 4500 unch .Scmpcnl 126 +1 Slcyr 403 3 Veitschcr 690 20 Source: Austrian Laenderbank
        43 words
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  • CURRENCY. MONEY & FUTURES MARKETS
    • Article
      Greenback ends lower agairst yen in lacklustre trading
      1197 25 REPORTS Tokyo: THE DOLLAR closed lower against the yen yesterday and was little changed against the mark after a dull day of narrow-range trading. The dollar was supported by expectations of an imminent credit easing here. While no intervention by the Bank
      1,197 words
    • Article
      INTERBANK FOREX RATES
      361 25 Cross rates May u USS s$ MS Dm Yen SFr AS NZS USS 1.7690 2.7585 1.7130 139.15 0.5770 1.4395 1.2780 1.7021 S$ 0.5653 1.5594 0.9683 0.7866 0.3262 0.8137 0.7224 0.9622 MS 0.3625 64.13 0.6210 0.5044 0.2092 0.5218 0.4633 0.6170 Dm 0.5838 1.0327 1.6103 81.23 0.3369 0.8403 0.7460
      361 words
    • Article
      MONEY MARKET
      552 25 Interbank rates s$ Bid Offer Overnight 4 3/8 4 1/2 1-month 4 15/16 5 1/16 2-month 5 5 1/8 3-month 5 1/16 5 3/16 Overnight mode: 4-13/16 LSS Bid Offer 7 days 5 7/8 6 1 month 5 15/16 6 1/16 2 months 5 15/16 6 1/16 3
      552 words
    • Article
      Lock icon Argentina to replace tattered currency
      369 25 Reuter BUENOS AIRES Argetina is planning to take ad\ntage of its new fond economic stability to irnoduce a currency to replce the battered austral, nw worth only 1/10.000 th ofits value when launched ix years ago, government cficials said. "The aim is to give he
      Reuter  -  369 words
    • Article
      Lock icon Bank of Italy wins more influence
      279 25 Reuter ROME The Bank ofltaly has won a new tool for ifluencing money market ates with the Treasury's de-sion to abandon a system of bligatory penalties on fanks seeking funds from thenonetary authority to closttheir daily books, banking oicials said on Monday. The Treasury
      Reuter  -  279 words
    • Article
      FINANCIAL FUTURES
      1134 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol j un 91 93 89 93.90 93.88 93.89 1900 ***** 2627 Sep 91 93 68 93.69 93.67 93.67 4300 ***** 6314 Dec 91 93 20 93 22 93.20 93.20 1300 ***** 1035 Mar 92 92.97 92.97 92.95 92.95
      1,134 words
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  • COMMODITIES
    • Article
      Saudis' cut in output keeps oil prices stable
      668 26  -  From Salil Tripathi in MUSCAT THE latest Opcc figures show that Saudi Arabia had reduced its production by as much as one million barrels daily after the Gulf War ended to maintain stability in world oil prices. Performing its traditional role as
      668 words
    • Article
      Tin price rises two sen to M$ 15.46 per kg
      833 26 REPORTS THE PRICE of tin inched up two sen to MS 15.46 per kg on some shortcovcring on the Kuala Lumpur Tin Market yesterday. Dealers said although the price of the metal eased US$25 per tonne on the London Metal
      833 words
  • Article
    PRICES
    1403 26 Rubber May u j HAS (<ob m bates) S cents/kg Noon Close Int I RSS Prompt 143.75/I44.75N 143.75/144 75N Int 1 RSS June 91 145.75/146 25 145.75/146.25 Int 1 RSS July 147.25/147.75 147.25/147.75 Int 2 RSS OP 141.50/143.50N 141.50/143 50N Int 3 RSS OP 137.00/139.00N 137 00/139.00N Int 4
    1,403 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1101 26 BUSINESS T I ME_S_ TELEPHONE: 730 5771/5772/5773 PAX: 734 4982 DAO HENG BANK LIMITED USS 45,000,000 Negotiable Floating Rate US Dollar Certificates of Deposit Due May 1991/1993 In accordance with the provisions of the Certificate of Deposit, notice is hereby given that for the six month interest period from 13th
      1,101 words
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      Page 26 Advertisements Column 2
      13 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page I J
      13 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1011 27 City Flicfrt ETA Right ETC Abu Dhabi GA895 1235 Adelaide QF81 2000 QF82 2200 SQ227 2245 Amsterdam GA895 i235 KL832 ***** KL831 1410 SQ24 2200 Athens SQ35 1710 Auckland NZ21 1820 N222 1930 SQ388 2030 Bandar Sen BI421 TTo5 SQ182 0915 Begawan SQ181 1410 BI422 1205
    1,011 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Returning to a normal life
      573 27  -  POSTCARD FROM IRAQ By Clyde Haberman THERE was a wondrous sight near the bus depot over the weekend, something that people had thought they might never see here again: a traffic jam. It was the real McCoy, a clutter of horn blasts, rude gestures and
      573 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Ivocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.370 1.390 Canadian dollar 1.522 1.542 NZ dollar 1.025 1.060 Sterling pound 3.050 3.070 US dollar 1.7640 1.7740 [>ocal dollars to 100 units of foreign currency Austrian schilling 14.50 15.50
      152 words
    • TRAVEL SLICES
      • Article
        Spring and summer packages at 100 Hilton hotels worldwide
        118 27 HILTON International is offering special rates this spring and summer at 100 hotels worldwide. These include destinations such as Barcelona, Barbados and Montreal. A night's stay at Lord Kensington Hilton costs US$l49 (*****.24) per room (plus value added tax), inclusive of
        118 words
      • Article
        Regal's 888 premier package
        75 27 THE Regal Airport Hotel has launehed several packages, reports the Arrival magazine. Until Sept 15, the 888 Premier Choice Package, priced at HKSBBB (*****.68) per night offers a deluxe room, welcome drink, fruit basket. bouquet for female travellers, daily newspaper, free pressing of one suit or
        75 words
      • Article
        Bangkok-Phnom Penh flights
        36 27 FLIGHTS from Bangkok to Phnom Penh will this week be increased from five times a week to seven times. The chartered service will operate on six days with two flights on one day.
        36 words
      • Article
        Rough ride to woo Germans
        85 27 AN EAST German Trabant motorcar, modified to fend off kangaroos, is cruising through central Australia as part of a drive to convince Germans how easy it is to travel though the outback. Qantas and the Australian Tourist Commission are helping German travel agent Heinz-Dietrich Dudder
        85 words
    • Article
      WORLD TRADE EXHIBITIONS
      76 27 Durat ion Title Venue Organiser Tel May 13-18 Technical Belgrade. Foire Belgrade ********** International Yugoslavia Fair May 21-25 Medicine 4. Zagreb. /agrebacki (38)*****666 Technology Yugoslavia Velesajam International Exhibition of Medical. Pharmaceutical Laboratory Equipment Duration Title Venue Organiser Tel May 22-24 International Utrecht. Koninkiijke ********** Computer Netherlands Nederlandse
      76 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      41 27 Kokkola? Ifs the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know Europe from start to Finnish.
      41 words
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      Page 27 Advertisements Column 2
      123 27 1 W m SK" W W. H wl.^WsWHFk«r Scalpel...scissors,..sutures...BusinessTimes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through Business Times. In the same way
      123 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      241 27 1 Antiquated place to find readers IJBL__JIL.__ 9 Forecasts made before the j J j j j j I 1 10 Queenly adornment one found in royal Irish seat 12 I I enter race |H IH 13 Current way to make busi- 15 II 1111 I ness more efficient (10)
      241 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      211 27 Singapore Outlook: Showers over several areas in the late morning and afternoon. Forecast: Maximum temperature 32.4 Assoc humidity 74% Minimum temperature 26.0T Assoc humidity Hours of sunshine 4.95 Rainfall in mm 0.8 Rainfall this month 164.6 Rainy days this month 10 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Fair Bangkok
      211 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      45 27 f U)R<e *ND GftU- rv\£. (EARLY, mo t H£R, i f-,e.ntle Reader, le*" us eavesdrop on \£oß rro To Be. QuegN or rue may a suburban as VUSS N ofChester "*YP in o ol prepares fc bed *c9wl J .'evCWWCSTAWOABOCO LTO .HM IWI 64gS fl
      45 words
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  • Article, Illustration
    China shows keen interest in learning from Singapore
    351 28  -  BG Lee's visit to China From Lilian Ang in XIAMEN THE HIGH-LEVEL Singapore delegation to China has achieved more than just its original aim of touching base with Chinese leaders. Deputy Prime Minister Brigadier General Lee Hsien Loong yesterday told reporters. This
    351 words
  • Article
    New rules on China visits soon
    245 28 PLANS are in the pipeline to liberalise immigration rules and regulations to make it easier for Singaporeans who want to visit China. No details are available on the measures that will be taken to lighten the rules and restrictions governing visits to China. But
    245 words
  • Article
    Lock icon Long-term development plan for KL city
    355 28 Bernama KUALA LUMPUR A Cabinet committee headed by the Prime Minister will draw up a long-term infrastructural development plan for Kuala Lumpur. Deputy Prime Minister Mr Ghafar Baba said yesterday that the committee, the members of which would be selected by the prime minister,
    Bernama  -  355 words
  • Article
    Lock icon No credit crunch, says BOE governor
    243 28 Reuter LONDON The world economy is not facing a capital shortage, simply high demand for funds and caution on the part of lenders, said Bank of England governor Robin Leigh-Pemberton in an interview in the Wall Street Journal. "My assessment is that there isn't
    Reuter  -  243 words
  • Article
    Lock icon Republics, Kremlin hold talks on reform package
    174 28 Reuter MOSCOW Soviet republics on Monday began talks with the Kremlin on an economic reform package after rallying behind central government elTorts to stave off further crisis, the independent news agency Interfax said. The central government's anti-crisis programme, approved by the Soviet Parliament
    Reuter  -  174 words
  • Article
    Lock icon Plantation firms rap KL plan for levy on foreign workers
    323 28 Reuter KUALA LUMPUR Malaysia's plantation firms, hard pressed by low commodity prices and an acute labour shortage, yesterday condemned a government plan to impose a levy on foreign workers as being likely to bankrupt the flagging industry. "We strongly object
    Reuter  -  323 words
  • Article
    HK govt wins case on judges' appointment
    380 28  -  From Catherine Ong in HONGKONG THE Hongkong government has won its appeal in a major constitutional case which earlier found all but one of the territory's 60 magistrates to be unlawfully appointed. A three-judge Court of Appeal yesterday overturned High Court Justice Kaplan's
    380 words
  • Article
    Lock icon HK backs down on cigarette tax
    244 28 AFP HONGKONG The Hongkong government will slash by half an earlier 200 per cent hike in local tobacco duty following charges that the increase was imposed to help finance Hongkong's mammoth airport project. Finance Branch officials said yesterday. The local legislature is expected to
    AFP  -  244 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      197 28 u I IV/ICZJF^^SIZII —II i ide rv .|jly rhe Richness Of Leather Handmade To Perfection. bsSSBSSSBSSSSSSSS^SSaBI 23y~~| Durham n I Hry University |f| PA Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its
      197 words
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      Page 28 Advertisements Column 2
      8 28 I OB building complex in Xiamen, Pg 3
      8 words
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      Page 28 Advertisements Column 3
      100 28 a IN/IimFRSSIIZI —II I made r ita«y I The Richness Of Leather Handmade To Perfection. v' A dining experience which -Xi v w? 'takeaway counter which has >%•an assortment of appetising \tuJmow .hparagm roPl^fr' DianXin and snacks at V IWCiW special prices. At LmgZhi Vegetarian Open from 10am to Bpm
      100 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Rigbuilding sector likely to bounce back this year
      399 29  -  By Selva Kumar THE RIGBUILDING sector, which saw a drop in turnover in 1990 after three successful years, is expected to pick up this year. The Association of Singapore Marine Industries (ASMI) said the 13 per cent fall to $159.3 million, has
      Source; Association of Singapore Marine Industries  -  399 words
    • Article, Illustration
      US firm launches device that allows free IDD calls
      303 29  -  By Magdalene Phang TOLL-FREE international calls are now within reach of local businesses when MICOM Communications of the US launched the Marathon 5K here yesterday. Where an office previously ran parallel modem, fax and telephone lines and paid separate subscription charges
      303 words
    • Article
      Lock icon US yards facing increasing competition
      242 29 Lloyd's List MIAMI Projected fleet- j sized reduction means long-term prospects for commercial shipyards performing US Navy work are dismal, but the outlook for short to mid-term maintenance, repair and modernisation projects is very promising in the view of Washington maritime management consultancy, IMA Associates.
      Lloyd's List  -  242 words
    • Article
      Qantas contests United's Asia plans
      346 29 CANBERRA Qantas has moved to protcct its valuable Asian business by warning the Australian federal government it could lose more than Asso million (5568.9 million) a year in revenue if United Airlines was allowed to fly daily services on the key Japan-Australia route. In a
      346 words
    • Article
      Lock icon Emery Worldwide completes restructuring
      184 29 Reuter PALO ALTO, California Emery Worldwide, a subsidiary of Consolidated Freightways Inc, said it completed an operational restructuring designed to provide greater flexibility in serving business customers. "Our customers essentially told us to quit chasing Federal Express and UPS and to go back to our roots
      Reuter  -  184 words
    • Article
      Lock icon Dutch engineering groups to merge dredging fleets
      412 29 Lloyd's List LONDON Two of the biggest civil engineering groups in the Netherlands are on course to agree to a merger of their marine dredging interests in the face of continued overcapacity in the market. Hollandsche Beton Grocp (HBG) and Royal Volker Stevin
      Lloyd's List  -  412 words
    • NEWS SUMMARY
      • Article
        Indian car impresses the Italians
        51 29 INDIA'S small 800 cc MarutiSuzuki car has finally reached Italy, the home of small cars and innovative designs. The Italian dealers are impressed by the first lot of Maruti-Suzu-kis shipped in February and orders for more are pouring in from the land of Fiat. Page
        51 words
      • Article
        IMO to shift its funding burden
        34 29 INDUSTRIALISED countries will be asked to contribute a greater share of funding to the International Maritime Organisation under proposals to try to solve its financial problems Back Page
        34 words
      • Article
        Kuwaiti customs office in Jebel Ali
        34 29 AS KUWAITIS begin returning home from their ports of exile, the vast UAE port of Jebel Ali is readying itself to handle cargo marked for Kuwait Back Page
        34 words
      • Article
        S'pore organiser to launch Tetecomex Asia
        38 29 HQ Link Pte Ltd, a Singaporebased professional conference organiser, is launching Telecomex Asia '91 in Manila today. It has been billed as the Philippines' first and Asia's biggest telecommunications exhibit Back Page
        38 words
      • Article
        Thai state liner may drop out of business
        38 29 A DECISION by the Thai Transport Ministry to bar the state-owned carrier Thai Maritime Navigation from European and American routes could force the shipping line out of business Back Page
        38 words
    • LOG BOOK
      • Article
        Short-term supertanker market seen as bearish
        86 30 LONDON The surplus of supertankers vessels earrying more than 175,000 tonnes of erude oil on the shipping market will grow in the near term hut decline after 1994, Drewry Shipping Consultants said in a report. "We are more bearish than others near term," Andy
        86 words
      • Article
        Loan for Korean LNG carrier
        120 30 TOKYO A syndicate of international banks, including Bank of Tokyo Ltd (BOT), has agreed to provide US$275 million (***** million) in loans for a liquefied natural gas (LNG) carrier project in South Korea. BOT officials said. The credit, lead managed by five banks including two
        120 words
      • Article
        Greeks buy two bulk carriers
        74 30 LONDON Second tonnage brokers reported the sale of the 1979-built Golden Rio gearless bulk carrier, 38,186 dwt, to Greek buyers in the region of U556.25 million (S$ 10.6 million). Greek interests also purchased the Ourania L, bulk carrier of 27,571 dwt and built 1973, for
        74 words
      • Article
        Spanish ship runs aground
        80 30 LONDON The Spanish-flagged container vessel CGM Champagne ran aground by Bohio Reach in the Panama Canal last Sunday, possibly due to engine or rudder failure, Lloyds Shipping Intelligence said. The 19,185-dwt vessel was bound from Le Havre, France, for Long Beach, US, with a general cargo
        80 words
      • Article
        Anti-trust suit against Conrail
        101 30 WASHINGTON The US Supreme Court said it denied a Consolidated Rail Corp appeal seeking to dismiss an anti-trust suit against it. The suit by the Delaware and Hudson Railway Co, which filed for bankruptcy in 1988, charged Conrail violated the anti-trust laws over the transportation of
        101 words
    • Article
      DAILY FREIGHTS
      781 30 THE DRY cargo freight market on Monday was quietly steady with the Baltic Freight Index marked up three points at 1,639, brokers said. Several ore vessels were booked. They included a Capesize iron ore cargo from Sepctiba Bay to Ymuiden at US$B.lO a day and another Capesize from
      781 words
    • Article, Illustration
      Impressing the Italians
      1052 30  -  India's Maruti-Suzuki is faring well in the land of Fiat. Rajendra Bajpai reports from New Delhi Rajendra Bajpai INDIA'S small 800 cc Maruti-Suzuki car has finally reached Italy, the home of small cars and innovative designs. The Italian dealers are impressed by the first lot of Ma-ruti-Suzukis
      1,052 words
    • Article
      Lock icon WEEKLY FREIGHTS
      540 30 AFP FREIGHT rates continued to firm over the past week, encouraged by the opening of the South American grains export season and by an anticipated improvement in demand from Chinese and Soviet charterers, traders said. The Baltic International Freight Futures Exchange (BIFFEX) index gained 23 points to finish
      AFP  -  540 words
    • Article
      THE SHIPPING GUIDE
      11689 38 This is a list of ships loading v at Singapore for ports around the world. It tabulates, by L destination, the name of the i ship, the shipping line in- j volved and the estimated z dates of arrival and departure 2 from the Port of Singapore.
      11,689 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        585 45 Vtud toy No B«rth Vmi Departire Ktppd Wharves Cora Pcess 027 (P) K29 akw«side 14 05/1800 Karalaeveret 2E K30 alongside 15.05/0600 Trans Star 036A Kll alongside 14 05/1800 Xianghai 05-03 K32 alongside 16 05/2300 Xinheng 9105 K33 alongside 15.05/2130 Kota Benar E899 K32 15 05/2300 2105/0600 Kota
        585 words
      • Article
        CONTAINER SCHEDULE
        1244 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookinf/Baiaice Rstts Ship Voy No Etb/Btr Period From To From ACX Daisy 13 17/1500 3 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1700 Aka Bhum 490N 16/0645 2 14/1700 15/0659 15/0900 3 15/0700 15/1159 15/1400 Anson 0389 IS 15/1800 1
        1,244 words
      • Article
        IN MALAYSIAN PORTS
        252 45 PwmmH Port Berth n Butterworth on May 15: 1: Thai Hang Shan; 2: Van Trader; 3; Kim Soon Li; 4; nil; 5: Gulf Bndge; 6: Asian Pollux. Pena? Wharf N6: nri; CB: nil; SB: KMS Manchester. BCT: B! nil; Bl: Sanko Venus; l/B: Krasnogorsk. VOTP: Shoko. Due
        252 words
    • Article
      Lock icon IMO seeks more funding from rich nations
      631 46 Lloyd's List LONDON Industrialised countries will be asked to contribute a greater share of funding to the International Maritime Organisation under proposals to try to solve its financial problems. The plans being considered call for a change in the present system linking contributions
      Lloyd's List  -  631 words
    • Article, Illustration
      Kuwait opens customs office in Jebel Ali
      321 46  -  From Salil Tripathi IN DUBAI AS KUWAITIS begin returning home from their ports of exile, the vast UAE port of Jebel Ali is readying itself to handle cargo marked for Kuwait. In a major display of cooperation between the two Gulf states, the
      321 words
    • Article
      HQ Link launching Telecomex Asia in Manila
      410 46  -  From Al 0 Labita IN MANILA HQ LINK Pte Ltd, a Sin-gapore-based professional conference organiser, is launching Telecomex Asia '91 here today. It has been billed as the Philippines' first and Asia's biggest telecommunications exhibit. Expected to participate in the trade fair are
      410 words
    • Article
      Thai state-owned shipping line may be forced out of business
      418 46 BANGKOK A decision by the Thai Transport Ministry to bar the state-owned carrier Thai Maritime Navigation from European and American routes could force the shipping line out of business, a source with the carrier said. According to The Nation, the
      418 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      97 29 I ill UNITED I EIU3 itAaNCistwictsnttro Call Tel: *****13 (IS) Global leadership survey results Video marketing The portable office jttSljjjL Vietnam: St^re iSpS^ M^dk V I K& Nl prw John Lim, „-J kjfc& -at- 4$ 1 Chief Operating Officer, ,*r! "fS 'V <fe Cold Storage Holdings W i-^\iP^nl■ Spotlight on
      97 words
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      Page 29 Advertisements Column 2
      28 29 Container Schedule 17 Daily Fr«ghts 2 Index to Advertisers 3 Shipping Guide 10,11 Slaps m Port 17 Singapore Trie 17 Weather and Sea Condibore 17 Weekly Freights 2
      28 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      116 30 H' w L vb jpr y HMMBMlKc^j^^^^^L v Scalpel...scissors...sutures...BusinessTimes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. kOPt We in, rmCd maximLs re,UrnS Essential information accessible every business day your money. through Business Times In the same way a surgeon needs his tools
      116 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2403 31 JARDINE SHIPPING AGENCIES %llll# 200 Cantonment Road #12 05 Southpoint, Singapore 0201 \ll WWW *****11 TELEX NO RS ***** IVRRIII TERMINAL,'CFS Td *****18 220 FGAAAfIrI BOOKINGS Tel *****34 258 VS9T A PESAKA JARDINE SHIPPING AGENCIES SOU BHD rt)RT KELANG TEL: *****18 TELEX NO. MA3SO7/IMS7OI PENANG TEL *****4 TELEX NO MA*****
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      Page 31 Advertisements Column 2
      1216 31 INDEX TOfIDVERTISERS Pane Col Page Col lAI I M 1 ABC Containerline 12 1 M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nels Agencies 14 1/2 AFS 15 2 Macoline 12 3 Ahrenkiel Liner 16 4 Madju Sdn Bhd IS 1/2 Allied-Link 16 4/5 MaerskLine 3 4/5 Anglo Orient
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      Page 31 Advertisements Column 3
      2129 31 ■□IiViHiHH'IJH TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ROTTERDAM 18 DAYS ETO WEEKLY THURSDAY AND SUNDAY SINGAPORE/HAMBURG 20 DAYS Vessel Voy ETA I ETO "Port "Penang DESTINATIONS Singapore Kelang Thi» met Mcltiilde MeerU 9106 Feeder b, cv 21s oaoo has Pinto WtM BBM mKM CFS —WS 2359 MRS OAK LGB HOU
      2,129 words
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      1198 32 IrottedamH *S£ ?<- A VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ■■■B 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 PSSSS9! TOKIO EXPRESS 99/120 23/5 13/6 11/6 10/6 J. ALL WESTBOUND P KAMAKURA 17/320 26/5 12/6 14/6 17/6 18/6 CARGO KASUGA 15/121
      1,198 words
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      Page 32 Advertisements Column 2
      476 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FI OREANA ***** 26/5 9/6 11/6 17;6 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA, PAGO PAGO, APIA NUKUALOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP CLX SAI (PERU) ISLA FLOREANA 2206E 26/5 30/5 1/7 4/7 6/7 7/7 Agents SINGAPORE: *****11 Mw
      476 words
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      Page 32 Advertisements Column 3
      1446 32 raWWaU&SM& &MSm REGULAR INDEPENDENT FULL COWTAINER SERVICE WESTBOUND 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
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      Page 33 Advertisements Column 1
      2236 33 S^jgSteamere Maritime Holdings Ltd P&O ariW STRAITS SHIPPING nML fT* Singapore to Brnaoi, East Malaysia, Containers Mj> H.L'iMi.'HiW.WMiMHmmmm u 0 (7 ACCEPTS our SAILS Voy No Pen Phi S pore Alg Sou Ant wt HO® LAUST MAfRS* 9106 1! 05 1305 15/05 30,05 0206 0306 05,06 CARGO ORiENTAi BAY 0522
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      Page 33 Advertisements Column 2
      2260 33 .j•• '..v.• 1 TO: U.S.A./PANAMA FM: U S A. PANAMA SP OAK ICS CHI FOB SAV I*oll NtC ,IYC NOR SAV CRI LCB °*K GERMAN SENATOR IF 111 llii 12« 14* 2M 2»« X 6 111 I Kl No 114 UB M > Hi* 21,4 224 21/5 CMOYANC PARK ir
      2,260 words
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      Page 33 Advertisements Column 3
      404 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL VOY SP |~PK KUC KK ORANGE OCEAN 99~ "SID "SLD TRANS AUTO ~28 SID ~SLD TRONO 76 17/5 COSMIC PIONEER 13 SID IN PT COSMOANGE L 3 li/5 "23/5 KOU SHUN "H Hib "27/5 »5 COSMIC TRADER ll ls/5 "»/5
      404 words
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      Page 34 Advertisements Column 1
      671 34 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL/VOV S PORE RDAM ADAM H BURG BREMEN ANTWERP MATARAM.JSIWB 20/6 W VP W 7 m FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subiect to Inducement Also accepting cargo to Casablanca, Port Said, Port Alexandria. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS CONVENTIONAL CAROO
      671 words
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      Page 34 Advertisements Column 2
      904 34 j& at m. HANIIN SHIPPING I FEEDER VSL SIN LINE HAUL LAX OAK HANJIN HAMBURG 006E 17/5 DIRECT 10/6 12/t HANJIN KAOHSIUNG 00«E 21/5 H VANCOUVER 005E 17/6 20/6 HANJIN VANCOUVER 005E 27/5 DIRECT 111* 20/6 NB T S AT PUSAN FEEDER VSL SIN LINE HAUL SEA VCR s no,.
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      Page 34 Advertisements Column 3
      1330 34 jmm qnfi j T j -rq^rr^k IPKI SOP HKC KSC KLG PUS HKT OSK NCI StU TTO LAX CHS BAL NYC IHV ANN ROM IMP MBG PSD CH6 PKL SCP I GIANT RE 043 156 16,5 10/5 21/5 23/5 ft i 28 5 »b 31/5 IJC U U|i iifi 27*
      1,330 words
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      2153 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) ROOKING NEPTUNftINK TEL: *****00 UK/EUROPE SERVICE *****19 USA SERVICE *****16 M AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 TERM!NAL OFFICE *****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: CfS K27 EXPORT: *****53/*****04 m M nepline sdn bho Malaysia K L-<O3) *****33
      2,153 words
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      Page 35 Advertisements Column 2
      1135 35 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 FTOW EASTBOUNO LOADING FOR WESTBOUND TRANSHIPPED AT ROTTEROhT VESSELS VOY |sIS |ML« MUG VOY
      1,135 words
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      Page 36 Advertisements Column 1
      1395 36 K~ rnmm w- ft AS AGENTS: KAWASAKJ SINGAPORE (PTE) LTD ICR No: **********0 M) w TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I 1 1 iVI 14 MALAYSIA: *K" UNE MARITIME (MALAYSIA) SDN BHD 1 ■V M T*J TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 MM KAWASAKI KISEN KAISHA,
      1,395 words
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      Page 36 Advertisements Column 2
      1220 36 PHIU-ORICNT UN€S PT€ LTD 1 V 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 J 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.
      1,220 words
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      Page 37 Advertisements Column 1
      1323 37 J PACIFIC INTERNATIONAL LINES (PTE) LTD M MMI P'L Building, 140 Cecil Street #03-00, Singapore 0106. JAKARfAT BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EQUATOR MAS 03N 16/5 IS/5 23/5 INGENUITY 133N 17/5 20/5 24/5 KOTA JADE 9110 H/5 21/5 25/5 KOTA PANJANG 9114 19/5 21'#
      1,323 words
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      Page 37 Advertisements Column 2
      1013 37 BENLINE cSntriners LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint m Fax: *****63 I Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN NedUoyd De|ima t 148 16/5 2/6 3/6 5/6 6/6 City of
      1,013 words
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      Page 37 Advertisements Column 3
      514 37 mm. MYANMA )9ttk HVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg MERGUI VIOSW In Pt PATHEIN VlllW 20/23 May HPA-AN VI63W 25/28 May PAGAN VIO7W 1/3 Jun THE BANK LINE (A scrvic* of Andrew W«ir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS
      514 words
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      Page 40 Advertisements Column 1
      722 40 TO AUSTRALIA/NEW ZEALAND VSL S<n frrn M*lb Syd Audi NPE P CHALM BRUSSEL 271 ~m V 6 "liTs uis m 21,* 23/t C VEROIME 272 WS 3H 2S* »!t 4/7 7/7 ANTWERPEN 273 27* V U/7 I*7 22,7 2*7 MARTHA II 275 2/1 V* 155 1M 24/1 2*(l TO USA/CANADA
      722 words
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      Page 40 Advertisements Column 2
      1077 40 DSS^WHoKSoN^ARffWB^^icE^B^^^^^^MALHcnTRArCTEEDEnERv!?^^^ OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY SIN PKL PNG BLW SIN ACX DAISY 13 185 "13 5 R5 24J 28 5 29 5 30 5 ACX DAISY 13 17 5 18 5 TSK CHORUS 198 *18 5 16 5 a!"
      1,077 words
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      Page 40 Advertisements Column 3
      1475 40 fite t uw I Sv. CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TELEX: RS aaxHCOSHIP I 2. MISTRI ROAD, HMC BUILDING I #15 00, SINGAPORE 0207 CABLE. CUJ>i*««- 1 CR NO: U*****0000M General Agents: OQ6TAR SHIPPING PTE LTD I aONQKONQ AND CHINA FROM HONG KONG AND CHINA I B
      1,475 words
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      Page 41 Advertisements Column 1
      988 41 UKC COWVPITIOWAI SEKVICM V*»sel PKL PNG P C. Loading (or A VESSEL 28/05 Rotterdam Antwerp CHINA FULL CONTAINEK lUVICI SCP PKL BKK HKG QIN SHA YANGFANCKOU ISI 02/6 03,6 07/6 12/6 16/6 YANGFANGKOU IB 02/7 03/7 07/7 12/7 16/7 Alto Keeping other Chinese porti »ia HKG AiimAUA ruix cohtawm mehvick
      988 words
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      Page 41 Advertisements Column 2
      320 41 MARINE AGENCIES (Sj PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) Pt\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ABBAY WON 2 ?SWB 30/05 OARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 21WB 30/06 DARESSALAAM MOMBASA
      320 words
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      Page 41 Advertisements Column 3
      635 41 SEAWARD SHIPPING AND fRADING CO (S) PTE LTD I J ETA ETA ETA SPORE PORT KELANG PENANC BLUE J ADC 25/5 Loading for Male IRUVAI HUDHU 25/5 Loading for Calcutta DOLPHIN 25/ 5 Loading For Male PIONEER SUPREME Sailed Loading For Male DONAKULHI 25/5 Loaded For Fetiwaru PROGRESS LIBERTY 6/6
      635 words
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      Page 41 Advertisements Column 4
      812 41 SYDNEY/MELBOURNE BANGKOK VtSSCI VOY SPORE SYO «L [VESSEL VOY SINGAPORE iANCKQ* PIYA BHUM 0704 18-19/5 03 5/6 07-8/6 WANA BHUM*' 13N In Pt 15/5 Sun 19/5 PLANETA 0849 05-6/6 18 20/6 22-24/6 JENLINK 55W 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
      812 words
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      Page 42 Advertisements Column 1
      1370 42 MAC-NELS SINGAPORE "PORT TEL *****22 import TEL *****02 AAI PENANG TEL (04 *****6 KK |TEL (088) *****0 TAWAU TEL (089) *****9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 ~l\-/\"V""I J BAHRU TEL (07)*****2 SIBU TEL (084 *****2 SAHIKEI TEL (084 *****8 v 'JAKARTA TEL
      1,370 words
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      Page 42 Advertisements Column 2
      375 42 !fZ*t BLUE STAR LINE > SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTH I. Y SAILINGS DISCHARGING AT NEW PLYMOUTH Si PORT CHALMERS ACCEPTING KCL& LCI. FOR AUCKLAND. NAPIER. WELLINGTON, BLUFF. CHRISTCHURCII. DUNFDIN, LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LVT MANDAMA 0596 20 May 30
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      Page 42 Advertisements Column 3
      1086 42 /£T| THONG SOON LINES PTE. LTD. 1 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINE'S)"" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH IvtT In* IpEST VESSEL VOT ETA PEST
      1,086 words
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      Page 43 Advertisements Column 1
      694 43 Vitewv COMPANIA PERUANA de vapores "PERUVIAN STATE LINE ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msia KARABIEVERETT 18/20 May JOHNEVERETT 28/30 May 01/03 Jun SHAPIAEVERETT 05/07 Jun 08/10 Jun "EVERETT ORIENT LINE"
      694 words
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      Page 43 Advertisements Column 2
      503 43 VSL Ivor Is PORE Imainliner [lax [kst |iav NYC Ihfx 2IM CLAT MC W5 ZIM IBERIA 77* t!7 *7 11/7 13/7 ZIM MELBOURNE 2121 13;« ZIM PtISAN 14/7 23/7 HP 7%17 ZIM PIRAEUS 12M 2t,t ZIM CALIFORNIA Z3/7 W 4/1 W W ZIM KOPER 15£ 27/» ZIM SAVANNAH 31/7 1«
      503 words
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      Page 43 Advertisements Column 3
      625 43 X?mm UNER SHIPPING PTE LTD LttjA 10, Anson Road, i 17-06 International Plaza, Singapore 020? Tel: *****33 (10 lines) Telex: RS ***** LSSHIP Fa* *****13 HIIJJUM l FAR EAST K6KG 19/5 24/5 JAKARTA 18/5 25/5 KEELUNG 16/5 19/5 MANILA 18/5 25/5 KAOHSIUM6 19/5 26/5 F. KELANG 18/5 1/6 mfi&M 24/5
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      Page 43 Advertisements Column 4
      622 43 I'ERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MELITA 01/91 16/05 19/05 PRASE TIA 169 A 16/05 19/05 JATIDIRI 932 18/05 21/05 MELITA 03/91 20/05 23/05 PRASE TIA 171 A 23/05 26/05 JATIDIRI 933 25/05 28/05 TANTO UTAMA 163 16/05 19/05 TANTO
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      Page 43 Advertisements Column 5
      413 43 SIN FAR EAST 19/5 KEELUNG/KAOHSIUNG 19/5 BANGKOK 17/5 MANILA/CEBU 18/5 JAKARTA/BELAWAN/SURABAYA 18/5 PORT KELANG/PENANG/E. Malaysia 18/5 BUSAN 16/5 TOKYO/YOKO/KOBE/NGO/OSA 23/5 HONG KONG SIN CHINA 23/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGH AI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 20/5 LDN/FLX/LVP/SOU 20/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 16/5
      413 words
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      Page 44 Advertisements Column 1
      786 44 m Straits Container Agencies! 1 (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 1704 20 MAY 22 MAY TAKARI IV 4086 16 MAY 19 MAY TAKARI I 1706 27 MAY 29 MAY TAKARI IV 4088 24
      786 words
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      Page 44 Advertisements Column 2
      181 44 I Y&* MULTI-MODE SHIPPING PTE LTD j MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN, SHARIAH, DOHA, MUSCAT. BAHRAIN. ABU DHABI. BANDAR ABBAS. JEDDAH FAR EAST ACCEPTING FCL/LCL PENANG PKEtANG. JAKARTA, BANGKOK, HONG KONG. TAIWAN, JAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE, HAMBURG. ROTTERDAM ANTWEP. GOTHENBURG.
      181 words
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      Page 44 Advertisements Column 3
      669 44 SHIPPING CORP."*D*BHD njfi 1 PT KLANG TEL 03-*****06 |6 MM*) \S®f/ PENANG TEI 04 *****9 SKA* TEL M9?1IW? XT/ Si BU TEL 0«4 *****2 TA*AU TEL OM 77W71 KK TEL 088 *****0 KUCH TEL 082 *****3 M SIA TO USA/CANADA CONTAINER SERVICE fELDER VOY PLN PKL SIN lA/L 8 KST
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      Page 44 Advertisements Column 4
      504 44 CU) j conmnv mTEßmoonfo J LCL/FCL SERVICE FROM IX El' m m OWI operates over 600 tormifttts/officM in U.S.A. II [inS m CUJ! maintain* ovw 35,000 tractor* trucks. II A CUJ/ mtv«« over 60,000 points In US.A. I_ I Qffli offer reliable LCI/FCI services. General Agentt: 77PAA/T7/A//C nfi PENANG— KL:
      504 words
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      Page 44 Advertisements Column 5
      445 44 FCL/LCL SERVICES MANILA ETA CAPITAINE DAMPIER 6NB 18/5 VIGOUR PACIFIC 37N8 25/5 BANGKOK 16,5 24/5 BUSAN 23,5 28/5 HONGKONG 23/5 28/5 DURBAN PT LOUIS 3/6 19'6 KEELUNG 16/5 19/5 US A. 20/5 27/5 PT. KELANG 24 5 31/5 KOBE 20/5 27/5 PIRAEUS 27/5 5/6 OSAKA 23/5 30/5 JAKARTA 20,5 24/5
      445 words
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      Page 45 Advertisements Column 1
      642 45 MORE FREQUENT FLIGHTS WORLDWIDE NEW ZEALAND/FUI I VESSEL Jkt fKg Pt« Bkk Sl* Skirl AackMte Ff|A| N Plt*m»l|A| Ttetni L(lMm(l| Im*M Tatrttfa N. Rochester/9111 19/5 21/5 21/5 21/5 22/5 25/5 7/6 19/6 9/6 10/6 11/6 U/6 12/6 12/6 14/6 N. Rouen/9112 27/5 31/5 27/5 27/5 29/5 3/6 17/6 10/7 19/6
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      314 45 TIDES AND WEATHER v *mmi jmwmwoi v TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 (MOO 0900 *****100 1200 *****400 *****600 1700 1800 1900 2000 2100 2200 2300 JR 3.0 2.7 2.1 1.4 08 0.5 0.3 0.3 0.5 1.1 1.8 2.3 2.6 2.6 2.4
      314 words
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      Page 46 Advertisements Column 1
      755 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. eastbound feeder to pacific south-west to pacific worth-west FEEDER VOY JHR PKE SIN LINE HAUL VOY IBH OAK SEA LINE HAUL VOY TCM/SEA PTL WAN HAI 203 013 11/05 12/05 15/05 LALANDIA 40E 10/06 13/06 16/06 HABOUR BRIDGE 48E
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      Page 46 Advertisements Column 2
      533 46 CHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) Al<oAcceptingc«i»r«r VJIN/ I II MLTNI l\ V-/I Miiß6ur| to Coptnlu((n Ajrlwt Gothenburg. Maine IS PORE S TON H BURG R DAM LEH B«Hii*i. Stockwm KURAMA 10/119 15,5 «ft 4/t 3ft Rottenta. :lo Antwerp. Amsterdam (hlo. Helsinki FRANKFURT EXP *3H UfS
      533 words