The Business Times, 21 May 1991

Microfilm: NL17495
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Tuesday, May 21, 1991 75*
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  • NEWS SUMMARY
    • Article
      Round Two in push to reform financial services industry
      64 1 WASHINGTON The Bush Administration faces a second round in its fight with Congress over bank reform when a House panel meets today to consider controversial proposals for restructuring the financial services industry. The Administration wants to remove decades-old barriers which prevent
      64 words
    • Article
      10,000 stage protest march
      32 1 TAIPEI Screaming demands for Taiwan's Premier Hau Pei-tsun to resign, more than 10,000 people marched through central Taipei yesterday in protest against the arrest of four political activists.
      32 words
    • Article
      Noel goes regional
      32 1 NOEL HAMPERS Gifts, a homegrown company selling hampers and gifts, is going regional the franchise way. Its first franchise will be in operation in Malaysia by year-end. Page 2
      32 words
    • Article
      Darwin beckons
      20 1 AUSTRALIA'S Northern Territory has invited Singapore companies to invest in the state's oil refinery in Darwin. Page 7
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    • Article
      Giant free-trade zone
      21 1 AMERICAN officials are stepping up efforts for USMexican talks to forge the world's largest free-trade zone Page 8
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    • Article
      Not nyet
      29 1 A SENIOR adviser to Mikhail Gorbachev has supported a proposal for the seven industrialised democracies to provide financial aid to help stabilise the Soviet economy. Page 10
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    • Article
      Feeling let down
      13 1 EGYPTIANS feel let down by the Gulf states Page 13
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    • Article
      Philips wants to lead
      16 1 PHILIPS plans to set the standard in digital compact cassettes Page 15
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    • Article
      Men behind Scorsese
      11 1 MARTIN SCORSESE talks about his mentors Page 19
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    • Article
      Bangkok Air thinks big
      26 1 THAILAND'S rapidly expanding Bangkok Airways has plans to become the next Asian domestic carrier to go regional. Shipping l imes Pg 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      44 1 THE New York stock market wavered in a narrow range yesterday morning as investors awaited signs of the next move in interest rates. The Dow Jones average of 30 industrials inched up 3.13 points to 2,889.76 in the first hour of trading.
      44 words
    • Article
      Footsie higher
      25 1 LONDON shares were higher at midday yesterday. At about 1100 GMT, the Financial Times-Stock Exchange 100share index was up 10.3 points at 2,464.2.
      25 words
    • Article
      SIA-JAL deal
      26 1 SINGAPORE AIRLINES and Japan Airlines will each acquire 10 per cent of the paidup capital of Singapore Aviation Services Co Pte Ltd Page 3
      26 words
    • Article
      Fidelity steps in
      20 1 AMERICAN fund management giant Fidelity Investments has blocked First Pacific's privatisation offer for Imagineering Technology Page 4
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    • Article
      Doing well Down Under
      23 1 OUB's merchant banking arm, OUB Australia Ltd, achieved a 71 per cent rise in 1990 pretax profit Page 6
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    • Article
      Keppel responds
      16 1 KEPPEL SHIPYARD has dismissed claims of negligence from the owner of Haven Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 737.43 +6.97 Kuala Lumpur ....583.45 +0.09 Tokyo 25,523.03 -178.91 Hongkong 3,917.09 +34.25 Sydney 1,531.2 +0.9 Friday Change New York 2.886.63 -7.38 London 2,453.9 -18.0
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7770 100 Yen SS 1.2798 MS SS 0.6420 Money market rates Overnight 5 +1/4 3-month 5-1/8 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$353.90 -USS1.05 Rubber S'poreJune.. I45.50*/kg -0.50 M'sia June 225.50*/kg unch KL Tin Turnover 41 tonnes -4 Spot MS 15.49 /kg unch Crude palm oil Turnover 1,335 lots -140 June MS769 /tonne -3
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  • Article, Illustration
    21st century may not be Pacific century: PM
    533 1  -  The Pacific Economic Co-operation Conference By Chuang Peck Ming DO NOT take it for granted that the 21st century will be the Pacific Century, Prime Minister Goh Chok Tong cautioned yesterday. It may turn out to be the century of Europe. But
    533 words
  • Article
    Lock icon JB doubts developers will finish Desaru resort
    266 1 Bernama JOHOR BARU The Johor government is having doubts whether the Ms 3 billion (about 551.92 billion) Desaru International Resort will ever be completed by the project developers. State Secretary Datuk Abdul Rahim Ramli said yesterday the government was now thinking of taking
    Bernama  -  266 words
  • Article
    Rafidah comes out strongly in defence of EAEG
    405 1  -  By Kenneth James IN A spirited defence of her country's suggestion for an East Asia Economic Grouping (EAEG), Malaysian Minister of International Trade and Industry Rafidah Aziz yesterday proposed a test "to clear any misconceptions, or misinterpretations". Addressing more than 300 delegates
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  • Article, Illustration
    Lock icon STPB to sell S'pore as eco-tourist destination
    439 1  -  Urbanised Singapore will prove that it still has a lot to offer By Hong Lee Tiam SINGAPORE as a destination for nature lovers is not as preposterous an idea as it sounds. In fact, this is exactly what the Singapore Tourist Promotion Board
    Picture by Sunny Yeo  -  439 words
  • Page 1 Advertisements
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      189 1 Nikon The World's Finest Photographic System. Aircraft Schedule 29 Money Market 27 Work) News 8,10 Commodities 28 Regional Co News 4 Cryptic Crossword 29 Regional News 7 Editorial 12 Regional Stock Markets 26 For market indices, editorial, Financial News 6 SES 21,22 advertising and circulation exFutures Options 27 Share Information
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      Page 1 Advertisements Column 2
      29 1 Daily warrants table The warrants table, which used to appear on Saturdays, goes daily from today. It will appeal Vn the BT Share Information Service page. See Pg 24.
      29 words
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      Page 1 Advertisements Column 3
      78 1 Nikon The World's Finest Photographic System. Asia-Pacific's energy imports set to grow, Back Pg BT Investment Race: Contest No 2 TURN TO Page 20 for the 2nd Money Coupon that you need to cut out to join the BT $100,000 investment challenge. \o/ mu/t' 6q ('a/iier Boutique/ SINGAPORE #01 36.
      78 words
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  • HOME NEWS
    • Article
      Scitech, Lupin to jointly develop Hepatitis B vaccine for India
      329 2  -  Clinical trials to begin next month By Claire Leow WO biotechnology firms, tech Medical Products of mgapore and Lupin Laboranics of India, will jointly vclop and market a thirdneration of Hepatitis B ccine in India, where the case is estimated
      329 words
    • Article
      Chartered Semiconductors reorganises
      286 2 ML Chartered Semiconducr group has re-organised its potations with two entities, ..cli with independent iden- ies and management struc<res. Both firms have plans for v w products within the year, press release stated. The wafer fabrication lant, set up in 1987 as a »int venture between Singai
      286 words
    • Article
      Striking a more personal chord
      130 2 MY SINGAPORE. That's the nation-building theme for this year as the promotional activities veer away from the national "we" and "our" to a more personalised level. The Ministry of Defence is behind a six-month long mass communications programme focussed on "My Singapore" and aimed at
      130 words
    • Article, Illustration
      Noel expands with franchise in Malaysia
      281 2  -  By Chuang Peck Ming A HOME-GROWN firm selling hampers and gifts is going regional the franchise way. Noel Hampers Gifts said in a statement yesterday that its first franchise will be in operation in Malaysia by year-end. The move into Malaysia is only the
      281 words
    • Article
      PUB budgets $160 m for conversion of Senoko facilities
      253 2 WORK to convert facilities at Senoko Power Station to take in natural gas piped from Malaysia will cost the Public Utilities Board (PUB) a total of $160 million. The entire project, due for completion in 1993, is aimed basically at modifying
      253 words
    • NEWS ROUNDUP
      • Article
        Re-tender attracts higher bids
        90 2 THE RE-TENDER of three Sago Street shophouses has fetched bids averaging $11,209 psm, up from $9,632 psm during the first tender in December 1990. A total of 64 bids were received this round. The highest bid received for one of the units was $1.18 million, which
        90 words
      • Article
        British presence at fair
        40 2 THE British Jewellery and Giftware Federation will take part in the 2nd Singapore International Gift Fair *91 to be held at the World Trade Centre from today to Saturday. Fourteen British companies will be taking part.
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      • Article
        Change of name
        72 2 LIVI KAH NGAM says that it has changed the name of its currently dormant Singapore-incorporated Allamshirc Pte Ltd to LKN Management Services Pte Ltd. The authorised and paid-up capital of LKN Management Services, a whollyowned subsidiary of LKN Construction, remain unchanged at $25,000 and $2 respectively. The
        72 words
      • Article
        Getting physical
        42 2 FOURTEEN students from the Institute of Education's School of Physical Education will visit the United Kingdom on a three-week study tour. The group will visit mountaineering. outdoor education and sea sports centres in north Wales l and the Birmingham area.
        42 words
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      228 2 jaHßSKg'igp 11 r i j I Mm ;,;*>* ''"JBhHf BFv/ J** m jiiiM *-*•< jT^ji v >. Oiil .i.|f. V' 4t MtVJ 3gKgp'^tf' r kA i iJu JH 7#? > > vV^. j igKil jaL v a ,*iw B jra? ii Ws£f^r?wsi4^ci^ffißrBMS 7%fi><r^Or i, 3Pi^3XSggfr Keeping in step with the
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      SIA treads cautiously regarding recovery
      371 3  -  By Lee Han Shih SINGAPORE Airlines was being cautious when it projected that a full recovery would only occur in the later part of the current financial year, SIA managing director Dr Cheong Choon Kong said yesterday. Dr Cheong also said the recent decision by
      371 words
    • Article
      86pc of Inno-Pac losses from S'pore, US
      231 3 SINGAPORE and the US together accounted for $5.8 million or 86 per cent of the pre-tax losses of fastfood and trading group Inno-Pacific Holdings. The losses were due largely to pizza chain Shakey's, which was described in the company's latest annual report as
      231 words
    • Article
      Time for UOB to flex its muscles
      845 3  -  MARKET TALK Bv Chew Eng Han UOB chairman Wee Cho Yaw's turnaround from his previously pessimistic outlook for the group is not merely a consequence of a more favourable economic climate developing after the ceasefire in the Gulf. After a 5.7 per cent
      845 words
    • Article, Illustration
      SIA-J AL support for Sasco
      486 3  -  Two airlines help S'pore Aerospace to boost its share of maintenance market By Selva Kumar IN A MOVE to boost its share of the commercial aircraft maintenance market, defence-related Singapore Aerospace has enlisted the support of Singapore Airlines and Japan Airlines. Singapore Airlines and Japan
      486 words
    • Article
      Keppel dismisses Haven owner's negligence claims
      397 3  -  By I Rahita Elias SINGAPORE'S Keppel Shipyard has dismissed claims of negligence from the owner of Haven, labelling the move as a "negotiating ploy" aimed at getting the yard to settle the repair bill. Haven's owner, Londonbased Troodos Shipping Trading, has indicated that a
      397 words
    • COMPANY BRIEFS
      • Article
        Pan Malaysia Rubber posts M$ 8m profit
        75 3 KUALA LUMPUR Pan Malaysia Rubber Industries Bhd has reported a 77 per cent increase in group after-tax profit to MsB.oB million for the year ended March 31, 1991, from M 54.57 million previously. While gross revenue was 42 per cent higher at $1.50
        75 words
      • Article
        Pan M'sia Cement profit up 6pc
        61 3 KUALA LUMPUR Pan Malaysia Cement Works Bhd, the cement-based associated company of Malayan United Industries, reported a 6 per cent rise in group after-tax profit to M 528.92 million for the year ended March 31, 1991, from M 527.23 million previously. Group pre-tax profit
        61 words
      • Article
        Nanyang's management retained
        58 3 KUALA LUMPUR Hong Leong Co (Malaysia) Bhd, will retain Nanyang's present management, Hong Leong Co senior group managing director James Lim Cheng Poh said. Hong Leong's acquisition of a 20.3 per cent stake in Nanyang Press (Malaya) Bhd last November made it the largest single shareholder in
        58 words
      • Article
        Insas shares drop after revamp
        88 3 KUALA LUMPUR Shares of Insas Bhd fell yesterday when the company resumed trading. It was suspended on Friday prior to announcing a restructuring scheme. Insas plans to cut its paid-up capital of 110.19 million 50 cent shares to 110.19 million 25 cent shares. It had
        88 words
      • Article
        Wepco's audit committee
        24 3 SESDAQ company, Wepco Ltd, said its audit committee comprises Messrs Ng Kah Tie, Wee Koon San and Dr Koh Lam Son.
        24 words
      • Article
        UOL appoints Wee Ee Cheong
        28 3 WEE EE CHEONG, the son of United Overseas Bank chairman Wee Cho Yaw, has been named an additional director of United Overseas Land.
        28 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      224 3 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and vou are looking for office space (witn business support facilities) we nave various sizes for vou to cnoose. Our prices for a week is equivalent to a night s stay in an Orchard Road Hotel. PhonG: *****46
      224 words
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  • REGIONAL COMPANY NEWS
    • Article
      Fidelity blocks First Pacific bid
      491 4 Privatisation offer for Imagineering Technology said to be inadequate HONGKONG US fund management giant Fidelity Investments has blocked First Pacific's privatisation offer for Imagineering Technology. The First Pacific offer for the Australian computer products distributor is seen to be inadequate by Fidelity, the South China
      491 words
    • Article
      Lock icon National Foods expected to earn A$ 30m after flotation
      283 4 Reuter SYDNEY National Foods Ltd, the company to be floated after buying the food assets of Industrial Equity Ltd (lEL), is forecast to earn a net profit of A 530.67 million (5542.6 million) in its first year of operation, according to
      Reuter  -  283 words
    • Article
      Dusit Thani in Korat hotel venture
      146 4 BANGKOK Princess Grand Co Ltd, an affiliate of the Dusit Thani Group, has joined local businessmen in a 350 million baht (5524.2 million) investment to build a first-class, 300-room hotel in Nakhon Ratchasima, the Bangkok Post reported. The firm entered the project as it
      146 words
    • Article
      Land price hike hits Thai skytrain project
      335 4 BANGKOK A sharp rise in land prices has emerged as a new problem for the skytrain mass transit project with the cost of expropriation now estimated at 25 billion baht (S$ 1.7 billion) to 35 billion baht, up five to seven times from
      335 words
    • Article
      Lock icon Australian Gas Light taps Asian markets
      152 4 Reuter SYDNEY Australian Gas Light Co Ltd has tapped Asian capital markets for the first time with the signing in Hongkong of a US$2OO million (*****.6 million) transferable loan certificate (TLC) facility with Euronote option. Arranger ANZ McCaughan Securities Ltd yesterday said the facility
      Reuter  -  152 words
  • Page 4 Advertisements
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      63 4 I WILL THAT II r BARGAIN II HOME COMPUTER I COST YOU II heaps: h TELEVIEW SOFTWARE S9O ll MICROSOFT WINDOWS 3.0 S3OO II 'ik -~"jfii COMPUTER TRAINING $150 MICROSOFT DOS 4.01 S3OO j~- mm ON-SITE WARRANTY S2OO Hkf# '—MODEM 5250 II SERIAI MOUSt $50 I uuinijljljC*? 40 PUBLIC WMAIN
      63 words
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      Page 4 Advertisements Column 2
      185 4 Interestßonus Month continues as our US$ rate keeps rising. The month of May is a rather deposits of over US$5O,OOO was 5.94%*. special one at Citibank we've called it So if this sounds like a great deal for Interestßonus Month. And we re offering you why not contact us today.
      185 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon NYSE set for first phase of 24-hour trading plan
      691 5 Securities and Exchange Commission likely to approve request NYT WASHINGTON The Securities and Exchange Commission was expected to take an important step last night towards 24-hour trading of stocks in the US, approving a request by the New York Stock Exchange
      NYT  -  691 words
    • Article
      Lock icon British brewer Bass expects interim pre-tax to slide
      382 5 Reuter LONDON A mixture of economic recession, Gulf War effects and group reorganisation is set to depress halfyear profits at Britain's biggest brewer and the world's number one hotelier Bass pic. Analysts have forecast pre-tax profits for the 28 weeks to April
      Reuter  -  382 words
    • Article
      Lock icon Daewoo Telecom to issue bonds on Euromarket
      330 5 Reuter SEOUL Daewoo Telecom Ltd, a member of the Daewoo Group, will launch US$5O million (SsB9 million) of convertible bonds on the Euromarket on May 29, officials said. The Securities Exchange Commission in Seoul approved the issue on May 4 on condition that
      Reuter  -  330 words
    • COMPANY BRIEFS
      • Article
        Union set to fight any Hanson takeover bid
        91 5 LONDON A trade union with members at Imperial Chemical Industries pic said it is preparing to fight any takeover bid launched by Hanson pic. The Manufacturing Science Finance union, representing 11,000 ICI employees, is enlisting the help of 35 Members of Parliament
        91 words
      • Article
        Rise in Mitsubishi Kasei profits
        77 5 TOKYO Japan's biggest chemical company Mitsubishi Kasei Corp has reported a 2.8 per cent rise in its net profit from a year earlier to 18.5 billion yen (***** million) in the year to March. Sales grew 5.2 per cent to 770 billion yen in the
        77 words
      • Article
        Vendex Int'l files a Chapter 11
        61 5 AMSTERDAM Dutch retail and services group Vendex International said it filed for US Chapter 11 bankruptcy protection on Friday for its loss-making US home improvement retailer subsidiai7 Mr Goodbuys. Vendex spokesmah Peter van Bakkum said on Saturday the decision followed 200 million guilders' of
        61 words
      • Article
        Apple's copyright lawsuit
        71 5 SAN FRANCISCO The companies in the closely watched copyright lawsuit filed by Apple Computer Inc against Microsoft Corp and Hewlett-Packard Co have discussed settling the case, according to a court filing. However, the companies said that "there are no foreseeable prospects for a settlement". The brief mention
        71 words
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      29 5 Omn'^M^ oo Hotel o < Hl>, IsWfc^ r-r-\ tfffjliPf tmjiHcc lnn(^ I All served in casual e&egance and in to jet back to the office. OMNI HOTELS ASIA PACIFIC J
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bank of Japan enjoys record interim results
        109 6 TOKYO The Bank of Japan has announced a record interim pre-tax profit of 1.375 trillion yen (S$ 17.8 billion) in the six months to March. It was more than double the profit of 673 billion yen in the preceding six months, or the
        109 words
      • Article
        China devalues the yuan again
        74 6 BEIJING China's currency has been marginally devalued again, bringing its total decline to about 2 per cent since a policy of small adjustments went into effect last month. The State Administration of Exchange Control, an arm of the central bank, said the yuan was set
        74 words
      • Article
        Ayala Land puts off share offer
        113 6 MANILA Ayala Corp real estate subsidiary Ayala Land Inc (ALI) said its share offer due yesterday was postponed to May 28 to avoid overlapping with another company's public offer and to allow the market to absorb one offer at a time. The deferral would
        113 words
      • Article
        Afghan resistance opens bank
        66 6 ISLAMABAD The Afghan resistance opened its first bank in an area controlled by rebel leader Ahmed Shah Masood, the rebel publication Afghanews reported. Commander Masood inaugurated the bank, in the Takhar province capital of Taloqan in northeast Afghanistan, on April 22, the bi-monthly newspaper said. The
        66 words
    • Article
      OUB Australia boosts after-tax profit by 68pc
      476 6  -  From Florence Chong in SYDNEY THE merchant banking arm of Overseas Union Bank, OUB Australia Ltd, posted a 71 per cent rise in 1990 pretax profit despite difficult economic conditions. In line with expectations, it announced that pre-tax operating profit rose to A
      476 words
    • Article, Illustration
      Swiss Bank in joint venture talks with Thai broker
      325 6 BANGKOK Swiss Bank Corporation, a triple A-rated bank, is negotiating with a local broker for a joint venture in a bid to enhance its Bangkok representation in the equity business, according to a senior executive of the bank. The bank, which
      325 words
    • Article
      Lock icon Greenspan likely to be reappointed
      261 6 Reuter WASHINGTON The White House says no decision has been made on whether to rename Alan Greenspan as head of the powerful Federal Reserve Board, but many political and financial analysts said they would be shocked if he is not reappointed. Despite past criticism from
      Reuter  -  261 words
    • Article
      Lock icon Japanese banks to release poor results
      146 6 Reuter TOKYO Major Japanese banks are likely to announce poor results for the year ended March 31, with drops in current profit ranging from 20 to 30 per cent due to higher interest rates and Calls in stock and bond prices. The financial daily
      Reuter  -  146 words
    • Article
      Lock icon Change of name reveals rift in HK bond dealers group
      524 6 IHT HONGKONG The Association of International Bond Dealers has renamed itself the International Securities Market Association at its annual meeting last week. The change should have been a reaffirmation of the evolution of the organisation, but instead exposed a rift
      IHT  -  524 words
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Aussie state seeks S'pore investment in its first refinery
      333 7  -  From S N Vasuki in PERTH AUSTRALIA'S Northern Territory government is targeting Singapore companies to invest in the state's first oil refinery. A delegation of senior officials from the territory's Department of Mines and Energy are currently visiting Singapore to meet
      333 words
    • Article
      Lock icon Recovery before late '92 unlikely: Aussie banker
      299 7 Reuter SYDNEY The head of qqc of Australia's leading banks said on Sunday that he saw little to indicate an economic recovery before late 1992 despite the government's expectation that the recession would hit bottom later this year. "Nothing appearing that I can
      Reuter  -  299 words
    • Article
      Lock icon Eximbank warns Manila about debt pardon
      262 7 AFP MANILA The Export-Im-port Bank of Japan has warned the Philippines not to expect further loans if the country were to seek a debt write-off from official creditors. A Philippine finance department official said that an Eximbank letter, sent to Finance Secretary Jesus Estanislao
      AFP  -  262 words
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      180 7 jtiMj|^H I Japan/Singapore EDIFACT "■Hp Development Cenlre V'^mSt O/fida/ Pvbtitotb*: Asia Computer Weekly For further details, please contact: < Organisers: Singapore Network Sorvkes Pte Ltd, 75 Science Park Drive, #B1 -01/13 CINTECHII, Singapore 0511. Tet 778 5411 Fax: 778 5277. [rent Manager: Conference and Exhibition Secretariat Ptelti 128 Sophia Rood
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  • THE WORLD 1
    • Article, Illustration
      Lock icon US plans quick start to talks on Mexico free trade pact
      441 8 Reuter WASHINGTON With Congress close to giving President George Bush special negotiating authority, US officials plan a quick start for talks on a pact with Mexico that would forge the world's largest free-trade zone. They are also studying a
      Reuter  -  441 words
    • Article
      Lock icon China enjoys rise in foreign investment
      241 8 AFP BEIJING Investment in China showed healthy growth in the first four months of 1991, with foreign companies turning away from joint to wholly-owned ventures, an official report said on Sunday. China approved more than 3,100 new overseasfunded projects from January to April with
      AFP  -  241 words
    • WORLD WATCH
      • Article
        US budget director sees economy heading up
        92 8 WASHINGTON President George Bush's budget director said on Sunday that the US economy was beginning its recovery from the recession, but he could not predict how strong or how long the recovery would prove to be. Interviewed on television, Richard Darman said: "Right
        92 words
      • Article
        Gas reserves hard to get at
        62 8 MOSCOW Reserves of natural gas. capable of "meeting Soviet and Western demands for decades" have been found off the port of Murmansk in northern Russia along the coast of the Barents Sea, according to a Tass report. But exploitation of the find would be
        62 words
      • Article
        Tourism after Tiananmen
        69 8 BEIJING Record numbers of tourists are flocking to Beijing this year, and spending more money than ever, after being frightened away by tanks that crushed pro-democracy protests in the Chinese capital two years ago. The Beijing Ribao newspaper said recently that 320,000 foreign visitors arrived in the
        69 words
      • Article
        SII talks continue
        56 8 TOKYO Japanese and US negotiators opened the third follow-up meeting yesterday of the Structural Impediments Initiative talks to review progress in solving structural barriers to trade and investment. The two-day meeting being held at the Foreign Ministry will likely focus on Japan's system of keiretsu, the grouping
        56 words
      • Article
        Japan deports 29,800 foreigners
        37 8 TOKYO Japan deported a record 29,884 illegal foreign workers last year, 80 per cent up on 1989. Bangladesh topped the list with 5,925 people deported, followed by 5,534 South Koreans and 4,465 Malaysians.
        37 words
    • Article
      Lock icon Gorbachev aide said to back idea for G-7 help
      365 10 AP MOSCOW A senior adviser to Mikhail Gorbachev has endorsed a plea for the seven industrialised democracies to provide financial aid to stabilise the Soviet Union while it reforms its economy. The draft letter proposes active involvement by the Group of
      AP  -  365 words
    • Article, Illustration
      Lock icon Delors to pressure Kaifu over trade surplus
      485 10 EC president's Tokyo visit begins tomorrow Reuter BRUSSELS European Commission president Jacques Delors visits Japan this week on a mission to persuade Prime Minister Toshiki Kaifu of the political sense of easing decades of trade friction. But trade figures released only days before
      Reuter  -  485 words
    • Article
      Lock icon US, allies revive idea of IMF link for Soviets
      223 10 Reuter WASHINGTON The US and its European allies have revived discussions on bringing the Soviet Union into association with the International Monetary Fund and the World Bank. "To the extent that (Soviet President Mikhail) Gorbachev is now moving more on the
      Reuter  -  223 words
    • Article
      Lock icon March rise in UK retail sales not sustained
      213 8 Reuter LONDON The March rise in UK retail sales was not sustained in ApriL, the latest Confederation of British Industry survey of distributive trades showed. April's retail sales volumes remain unchanged from a year earlier, in spite of the pick-up in March,
      Reuter  -  213 words
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      Page 8 Advertisements Column 1
      288 8 y MMirrn nnnnr i sd FOR SALE r rLxcellent V Invesment 7/7 <■ Opportunity For -7^ Investors/ 3::, e Quality Office Accommodation Ist Floor Suitable for Showroom Enbloc or Strata Sale Close to Somerset and Dhoby Ghaut *wv »r. Oki MRT Station Vacant Possession Possible n r\ u aT> a
      288 words
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      423 9 The Revolution THAT'S Unheard Of. :^R^ BBBi^^^ m t)£MOIA3' cXOT I M I l^T^O^ ®|l 0^x w Igfl 0L)BB^£ Jt 1 0 ~~-^O'~^ fl A 1 ca fI^HH »HK pp| H it j^jjig||WM^^B^^^^^^^^^^^B|BßßßßM^^^^^B MM If Wssi WKk —-mm<*HM W^MWBBWm— __«^^MMI 1 PBPP»^r^ After today, you will probably never hear of
      423 words
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      566 10 p': r P I i Mr Lew Syn Pau at Canossian School for the Hearing Impaired, one of the 42 charities supported by the Community Chest of Singapore To |o be assured of money to meet our needs every month is something we can all do with. However, there are
      566 words
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      Page 10 Advertisements Column 2
      162 10 Discover A World Of Exciting New Opportunities At Asia-Pacific's International Showcase For... I Halls 4 5, 21-25 May 1991 World Trade Centre Singapore Meet with more than 350 companies and Dame eating groups from me Asio-Pocific Europe ana me United States What You Can Sn Al Th« Show See a
      162 words
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      Page 11 Advertisements Column 1
      439 11 To predict your financial future, it pays to read our past. What does your prosperity line look like? If your fingers have v been burnt by the stock market, or you've been disappointed with the I J hand-outs from fixed deposits, there \l 1/ is an alternative. p: I I
      439 words
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  • Article
    Stay afloat, stay competitive
    471 12 EDITORIAL AFTER struggling to keep afloat during the difficult years of the mid-Eighties, the local marine industry performed strongly last year and contributed 3.6 per cent of Singapore's Gross Domestic Product. Gross turnover rose by 24 per cent over the previous year to hit $2.26 billion,
    471 words
  • WHAT THE OTHERS SAY
    • Article
      Wanted: giant for giant job
      229 12 CRITICISM of Mr Javier Perez de Cuellar, the United Nations Secretary-General, particularly for alleged indecisiveness and lack of dynamism, are now so commonplace as to completely overshadow his accomplishments. In his own quiet manner, he may even have achieved more than the charismatic Dag Hammarskjold,
      229 words
    • Article
      A decade of progress
      105 12 THE 1990 Population Census is a revealing document on Singapore's progress. It is the nation's report card. We have made it almost to the standards of a developed country. But there are still problems ahead the ageing population profile, lower fertility rate and the increasing number
      105 words
    • Article
      Not too many foreigners
      171 12 ONE ACHIEVEMENT shown in the 1990 Population Census that will not escape attention is that for all the three major ethnic groups, progress in terms of education and housing has been reported. This will no doubt help strengthen racial harmony. A greying population, increase in the
      171 words
  • REGIONAL VIEWPOINTS
    • Article
      The kind of KL we need
      181 12 THERE WAS a lot of hype when the Kuala Lumpur Master Plan was introduced about how orderly the city's growth would be, the Malaysian "face" it would have, and that, besides being the focus of the country's commercial activities, it would also develop into
      181 words
    • Article
      Getting closer, cautiously
      160 12 WITFI Chinese Communist Party general secretary Jiang Zemin escorted by Defence Minister Qin Jiwei at the recent Moscow summit, indications are that a broad range of talks was conducted over military exchanges, but, hopefully, such talks were not of a sort that will once again give rise
      160 words
    • Article
      Invest wisely and prudently
      190 12 WHEN THE Employees' Provident Fund (EPF) Act 1991 comes into force on June 1, the EPF will be empowered to put its eggs into more baskets. Under current regulations, the EPF has to mandatorily put a minimum of 70 per cent of its investible funds into
      190 words
  • Article, Illustration
    Lock icon Where it pays to quit the market in May
    1005 12  -  Katherine Burton finds an old British stockbrokers' adage to be true at least in some markets Katherine Burton IHT SELL IN MAY and go away. That's the adage of British stockbrokers of old who, along with their clients, were eager to
    IHT  -  1,005 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      262 12 m v f> if i T« v f T»i i/| ij H| i L v4i iyisr /v ftt 1/ 9 H J Jl v f 4i M B. fl as i What do world-doss bollef and internotionol trade finance hove in common? MND A iJancc company as legendary as the
      262 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      40 12 DOONESBURY BY GARRY TRUDEAU THEY'RE SPONSORING A 3P 7 ITS THE MAUBU HOMECOMING HORACE FOR UM4AT OD ThfY BOTH COLONY VFUJ ON THE ALL THE LOCAL VETERAN*? APARAVE? MOTHER ACCEPTED PHONE' OFTHE&XfUJAR. THEY WOCU rj,yc. v JC.- B inni I
      40 words
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  • ANALYSIS
    • Article
      Lock icon This just might jolt the European share markets
      1102 13  -  William Ellington reports on the futures trading in share indexes which will begin soon on several European financial futures and options exchanges William Ellington IHT WHILE stockbrokers and financial potentates wrangle over the best way to organise a single market for share
      IHT  -  1,102 words
    • Article, Illustration
      What makes Hosni Mubarak so angry?
      1009 13  -  Salil Tripathi, who visited the region recently, finds Egypt feeling let down by the Persian Gulf states Salil Tripathi ARAB UNITY is a bit of an oxymoron in international lexicon. At most times divided, Arab countries have found their relations as dynamic as the
      1,009 words
    • Article
      Lock icon Nobody wants to weaken the North Atlantic alliance
      682 13  -  Thomas M T Niles, the US Representative to the European Community, answers Joseph Fitchett's questions about the implications of political changes underway in Europe Joseph Fitchett's IHT Q: France's new prime minister, Edith Cresson, is among prominent Europeans who have called for
      IHT  -  682 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      143 13 9(11 unS-f >call A MITSUBISHI PENCIL CO., LTD. JAPAN What We Have Done \H/ To Give You These /f \w// Fine Liners First we make their metal ball tips m IM u highly durable to acquire instant U^ Should any one of them skip or r j/ fa I blot,
      143 words
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  • CORPORATE FOCUS
    • Article, Illustration
      Siam Cement Group helps to fight shortage
      1104 14  -  Michelle Rowe, reporting from Bangkok, profiles Thailand's Siam Cement Group, which will be operating the world's largest kiln in 1993 Michelle Rowe THAILAND'S Siam Cement Group will begin operating the world's largest kiln in early 1993 in an attempt to alleviate the country's
      1,104 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      112 14 Excellently-geared to perform. You get a celebrated winner with many Honda returns. It races like the wind. Giving you all the romance of speed. Born to run exceedingly smooth, the race is always on to own one Nothing comes close to a Honda Except selling one to buy another. Resale
      112 words
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  • INNOVATION & TECHNOLOGY
    • Article
      Philips to launch digital cassette technology
      532 15  -  Dutch electronics giant Philips aims to set the standard in digital compact cassettes. Claire Leow reports Claire Leow Eager to prove its technological relevance, Dutch electronics giant Philips wants to set the standard in digital compact cassettes (DCC) and launch a full range of
      532 words
    • Article
      More money for R&D schemes
      310 15 THIS year will see Singapore's research and development (R&D) fain greater visibility in the public's eye, thanks to the National Science and Technology Board (NSTB). The board hopes to increase the budget allotted to its R&D assistance scheme for the next five years once findings
      310 words
    • Article, Illustration
      The Unix key to world markets
      546 15  -  The Unix operating system could be the key that opens a worldwide market place to local software developers, the head of the organisation tells Kenneth James Kenneth James UNIX big, strong, but distinctly unfriendly used to be the operating system for "techies", the arcane
      546 words
    • Article
      TECH TAKES
      241 15 US-BASED Advanced Logic Research (ALR) has signed a contract with local Business Computers to distribute ALR's complete line of mi-cro-channel architecturebased (MCA) products. Business Computers will be the sole distributor in Singapore to provide consumers with an alternative to IBM's range of MCA products. ADVANCED Computer now has
      241 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1100 15 Ti| QVnPf tC q#||/ working environment. We get more computing for the money. Companies find I llw wA|f wl 15 oaj VwIII|ICIHIC3 Each o jr these technologies was designed on open that a network of Sun servers and workstations accom|j|/A VOUrS Wl 11 SDend US $240 bill 101 l industry
      1,100 words
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  • Article, Illustration
    The Regent is Ready
    1218 16 A massive renovation and refurbishment programme attests to the Regent Singapore's commitment to quality and service TALK about fine hotels, and Regent International Hotels will surely come to mind. To dealmakers and pleasure seekers alike, this unique group of properties are an ideal place to stay.
    1,218 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      54 16 (X REGENT INTERNATIONAL HOTELS The Regent Hongkong The Regent of Bangkok The Regent Singapore The Regent of Kuala Lumpur The Regent of Taipei The Regent of Sydney The Regent of Melbourne The Regent of Auckland The Regent of Fiji The Regent Beverly Wilshire The Mayfair Regent of New York The
      54 words
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  • Article, Illustration
    The proof is in the pudding
    541 17 S ATISFY that impulsive craving anytime of the day at Capers. This bright and airy restaurant serves a selection of authentic Singapore cuisine and Western specialities. The flooring is a contrast of cool marble and earthy wood, while a flower arrangement on the centre
    541 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      831 18 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE L DINE_». GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES, OR
      831 words
    • Advertisement
      Page 18 Advertisements Column 2
      282 18 I S-l Exrelsior Hotel 2jOUtV/fO fej Tel: 338-7733 I to Bpm (Mon Sun) |J If; H H buy 1 Heineken beer I for I get another free I e.cept premum txands t bottle sales I Complimentary roasts by rotation: I roast beef, leg of lamb, roast I ham ,urke V
      282 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      660 18 TELEVISION AND RADIO T® SBCI2 7.30 SSoflT deaS 11.35 The BUSINESS ON RADIO jNIDDOn SHOCK 7OP AM CNN International (L) i 3 BSfiuS-* BBC, SS.9 n,Hz in VHFBand A KKV/11 j_qq AM CNN International (L). 900 News at Nine. spunky 28-year-old Kay 7.loaffl, 9.25 am, 1.30pm, ®*1 IzfluH -n 9.30
      660 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon British film pair's impact on Scorsese
      942 19  -  Many people have mentors who might have influenced their careers in a big way. Maureen Dowd writes on one director's search for and meeting with his particular hero Maureen Dowd NYT LIKE many American children of the *****, Martin Scorsese fell in love with
      NYT  -  942 words
    • Article, Illustration
      Lock icon New heroes for old
      396 19 Chinese cinema reinvents itself The Economist National martyrs make good propaganda but as Chinese officials have been discovering, they do not always make good films. Some 16 billion cinema tickets were sold in China last year, but it was bandits and pimps, not revolutionary heartthrobs, that
      The Economist  -  396 words
    • Article
      Display of Quayle's belongings extended
      312 19 CHATTERBOX' AN EIGHT-DAY exhibit of US Vice-President Dan Quayle's political and personal belongings in Huntington, Indiana, has drawn a crowd and will be extended for a week. More than 2,000 people, including Quayle's parents, have seen the collection of hundreds of photographs, documents and personal
      312 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      250 19 AND ENTERTAIN Set Your Heart On Our Set Meals. lunch: I V[ 2.30PM. $16.50 l*PlF*Wa V reRPERSON -p- jjp' DINNER: 6.3CPM TO V jdp 10 30PM $1650. PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays. jik ANA
      250 words
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      Page 19 Advertisements Column 2
      253 19 Iff tAKMkA m mm ■1' AT NISHIKI RESTAURANT PROM 21 MAR TOJI MAY u Set amidst boughs of cheny 1 bios sons if where you can enjoy authentic Springtime delicacies Skillfully prepared for this delightful season are grilled V lobster, salmon roe, ginko nuts, aiksbell and rare treats of Chakm
      253 words
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  • SPORTS
    • SIDE LINES
      • Article
        Parry capitalises on Woosnam's mistake
        131 20 MILAN Craig Parry of Australia took advantage of a late mistake by Masters champion lan Woosnam to win the Italian Open golf championship by one stroke at the Castelconturbia course on Sunday. Woosnam looked on course tor his fourth success in seven events this season
        131 words
      • Article
        Revving up
        88 20 SILVERSTONE, England Six Jaguars are among the 43strong entry for the Le Mans 24-hour race from June 22-23. The British team, led bv former Formula One driver Derek Warwick, will field its latest 3.5-litre XJR-14 models along with four 1990 cars. Rival Mercedes will put out four cars,
        88 words
      • Article
        Breukink wins Tour Du Pont
        82 20 WILMINGTON, Delaware Erik Breukink of the Netherlands overcame a flat tyre and a 50sec deficit on Sunday to win the Tour Du Pont with a tremendous effort in the race's final stage. Breukink, who surrendered the yellow jersey to Atle Kvalsvoll in the sixth stage,
        82 words
      • Article
        Gazza undergoes surgery
        96 20 LONDON Tottenham midfielder Paul Gascoigne underwent surgery on Sunday on damaged ligaments in his right knee, an injury that may undermine his expected transfer to Lazio of Rome. Gascoigne was injured early in Saturday's English Football Association Cup final when he fouled Nottingham Forest's Gary Charles, and
        96 words
      • Article
        Kipkoech triumphs
        57 20 CLEVELAND, Ohio Kenya's Paul Kipkoech turned in a personal best time in winning the Cleveland Marathon on Sunday. Kipkoech won the men's race in 2:14:26, missing the course record by just three seconds. Anatoli Karpipanov of the Soviet Union finished second, well behind Kipkoech in 2:16:08, followed closely
        57 words
      • Article
        Bradley edges out Okamoto
        61 20 TALLAHASSEE, Florida Pat Bradley recovered from a spate of early bogeys on Sunday to edge out Japan's Ayako Okamoto in the Centel Classic, the richest tournament on the LPGA Tour. Bradley, who won for the 27th time in her career, shot a one-under-par 71 on the
        61 words
    • Article, Illustration
      Says who there are more buyers?
      682 20  -  Contrary to the golf membership boom, the market for golf equipment is rather quiet. Nirmal Ghosh and Cassandra How report Nirmal Ghosh, Cassandra How WITH the continuing boom in golf club development in Singapore and the region as a whole, and the seemingly unlimited
      682 words
    • Article
      Sticking with the tried and tested
      471 20 AS LONG AS the golf equipment market remains saturated, you can be assured that constant research and development will eventually see the birth of a perfectly-shaped driver or iron. Golfers may use graphite shafts, boron or even titanium shafts in an effort to improve
      471 words
    • Article
      Lock icon Perry scores first career victory
      322 20 AFP DUBLIN, Ohio Kenny Perry two-putted for a birdie on the first extra hole on Sunday to beat Hale Irwin and claim his first career victory at the Memorial Tournament. Perry, who set the course record at Muirfield Village with a 63 on Friday, carded
      AFP  -  322 words
    • Article
      Lock icon Trevino, Hill team up to win Legends of Golf
      336 20 AP AUSTIN, Texas Lee Trevino and Mike Hill teamed for a 6-under 66 on Sunday to hang on for a 2shot victory in the Legends of Golf. The pair held off the sizzling charge of A 1 Geiberger and Harold Henning,
      AP  -  336 words
    • Article
      Lock icon Sanchez to take on Graf in Lufthansa final
      565 20 AP BERLIN Arantxa Sanchez Vicario of Spain defeated American Jennifer Capriati, 7-5, 5-7, 6-4 at the US$5OO,OOO Lufthansa Open women's tennis tournament on Sunday, to join Germany's Steffi Graf in the final. Graf had breezed to an easy 6-1, 6-2 victory over
      AP  -  565 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      128 20 iThe money coupon below is worth $20,000 in our BT Investment Race Contest #2. Cut it out and collect the coupons daily from May 20 to 24,1991 for a total value of $100,000. In the May 25, 1991 issue of Business Times, you will find a Contest Entry Form. On
      128 words
    • Advertisement
      Page 20 Advertisements Column 2
      91 20 f f PARKWAY HOLDINGS LIMITED 5530,000,000 Unsecured Notes known as "Guaranteed Floating Rate Notes Due 1993" In accordance with the provisions of the Notes, notice is hereby given that for the period 21 May 1991 to 21 August 1991, the Notes will carry a rate of interest of 6.125% per
      91 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      SIA shares shine despite seemingly bad results
      4583 21  -  By Salil Tripathi EVEN bad news does not always last long. Singapore Airlines last weekend posted results that would seem disappointing by conventional yardsticks, but its stock was the top gainer in slim trading yesterday, pulling the benchmark Straits Times Industrials Index up
      4,583 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4061 22 Main Board SIA Foreign 1960 70 3.7% SAL-SI AF93 2000 205 +51 +33.1% DBS Foreign 1330 +50 +3.9% OCBC Foreign 1150 +40 3.6% SIA 1340 30 2.3% SIA 200 1340 30 f2.3% UOB Foreign 710 +25 +3.6% SBC-SIAF92 2000 220 +25 +12.8% DBS 1210 +20
    4,061 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices ease in the absence of fresh leads
      4057 23 Bernama SHARE PRICES in Kuala Lumpur finished easier yesterday but off the day's lows in thin trading. Some speculative interest among second-liners saw the KLSE Composite Index rising 0.09 of a point to 583.45, while the Industrial Index gained 0.16 of a
      Bernama  -  4,057 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      145 23 BANKING, FINANCE INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement Is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the topics
      145 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      309 24 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) VMS May 16 Dec 90 $1.924($7.636) 2.4(9.5) 8(11) Haw Par May 15 Dec 90 $25,624(116.429) 156(100) 11(7) T«er Balm May 15 Dec 90 $5,379($5,409) 7 2(7.2) 8(8) Bousteadco May 14 Dec
      309 words
    • Article
      DIVIDENDS ANNOUNCED
      1474 24 Current Ex Books Date Total for Total for payment date dose payable tke year last year Acnu 5%TE Jun 5 Jun 17 Jul 1 10%TE And Steel 50c 10* (S) May 16 May 31 Jun 7 10* 12.6% Boustead 50c 5%(l) Apr 25 May 10 Jun 7 5*
      1,474 words
    • Article
      PRELIMINARY RESULTS
      197 24 Company Date Year Groap pra-tox Nat eantinis J™* ann to profit/low (L) par »l»ara dWWand (•000) (caats) < !A May 20 Mar 91 *****,800($1436,400) 143 2(1884) 40(35) R thtnans Ms.a May 16 Mar 91 M$303.607($177.293n) 651(371) 4»(27.5) JC MPH May 15 Mar 91 $16,481 ($19,615) 7.4(8.5) !l, STL
      197 words
    • Article
      INTERIM RESULTS
      177 24 Company Date Half-year Group pro-tax laterlm ann to profit/loss (L) dividend (•000) C4C May 17 Mar 91 $49,453(146,270) 5(4) Goodwood Park May 17 Mar 91 $14,753(515.208) 35(15) HMsia May 17 Mar 91 $313(11,725) 5(5) KST Apr 30 Feb 91 M$43,849($37,114) 10(10) Sph Apr 26 Feb 91 $110.396($84.977) 8(8)
      177 words
    • Article
      CORPORATE DEVELOPMENTS
      532 24 May 17 Goodman Fielder Wattie has approached its 63% owned subsidiary Cold Storage Holdings to buy over the latter's bakery interest. Sports Toto Malaysia Bhd has agreed to sell its entire stake in Cermat Teguh Sdn Bhd, which owns the Ms22om Shahzan Tower, to Insas Bhd for M560.86m.
      532 words
    • Article
      Warrants: premiums and gearing
      1031 24 {prices (as at 20.05.91j Conversion terms Premium/ Expiy (discount) V Amount Optional** using issued Company (mil Wrts Share Loan Con* Exer Lnstfc Cash Cash Loan Gearing Date Mtt» units) stock ratio price nom Stk. Lett value s s s C&C Wt 37.5 2 690 5 600
      1,031 words
    • Article
      RESULTS DUE
      719 24 Main Board Last FuH Year Company Penod Date Year Net EPS Gross Net amouiced anting (cents) <h profit last year (WOO) Cerebos Interim Apr 27 Jul 91 12.6 200TE(a) 38.911 Spore Land Interim May 4 Dec 91 12.6 10.0 44.641(g) Van der Horst Interim May 21 Sep 91
      719 words
    • Article
      APPROVED ISSUES
      248 24 Company Rights Issue 08S One-for-ten $960 (locsl) or $1050 (foreign) per share Ex-date May 23 Books dose: Jun 5 Acceptance Payment: NYA Dufcp Est Restricted issue of $88 514m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CULS) 1991/1996 issued on the basis of $1 nominal amount
      248 words
    • Article
      BONDS, LOANS & WARRANTS
      755 24 BONDS, LOANS WARRANTS Company Cwnnrilw period Conversion tone for oao ordinary skm CtC Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loin Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $0.77 cash or 1 warrant plus SO 77 nominal amount of loan stock Chuan fto Notes Chan hk»
      755 words
    • Article
      PROPOSED ISSUES
      541 24 Company Rights Issue Alcorn Onefor two <p. MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO10 each at MSI per share with 10m detachable TSR on the basis of 1 CIVS with 1 TSR for every 4 CRPS Batten One for four (a,
      541 words
    • Article
      COMPANY MEETINGS
      257 24 Inchcape Bhd: 24th AGM at Inchcape House, 12th Floor, 450/452 Alexandra Road, Singapore 0511 on Tuesday, May 21, at 12 noon. Guinness Anchor Bhd: 27th AGM at the Executive Suite, Level 3, Holiday Villa, 9 Jalan SSI2/1, Subang Jaya, ***** Petaling Jaya, Selangor Darul Ehsan on Tuesday, May
      257 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      77 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      77 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends easier with buyers demoralised
      2196 25 Reuter TOKYO STOCKS closed easier but off lows yesterday in the thinnest trade since early January. Small-lot sales kept whittling prices until some late bargain-hunting emerged. Hopes for a discount rate cut provided meagre downside support but worries of arbitrage unwinding weighed on prices.
      Reuter  -  2,196 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks cross 3,900-level to reach post-1987 high
      1993 25 Reuter HONGKONG SHARES rallied yesterday to rise more than 30 points, closing at a new post-1987 high, breaking the psychological barrier of 3,900 and raising hopes for a new all-time record this week. "We are cautiously optimistic that the market will test the
      Reuter  -  1,993 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      29 25 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by 1 elerate Read chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      29 words
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  • REGIONAL STOCK MARKETS
    • Aussie market digests last week's gains
      • Article
        AUSTRALIA
        938 26 AUSTRALIAN SHARES closed virtually steady yesterday as the market moved to consolidate its position after last week's surges. Brokers said the local bourse drifted aimlessly amid scattered offshore and local trading in thin volumes. "But it was a credible performance. The market held firm and digested last week's events,"
        938 words
      • Article
        Untitled
        230 26 Close Previous May 20 SYDNEY All Ordinaries Index 1,531.2 1,530.3 +0.9 All Industrials Index 2,396.4 2,395.8 +0.6 All Resources Index 872.4 871.4 +1.0 Turnover (million) 112.31 186.94 -74.63 BANGKOK SET Index 813.78 820.93 -7.15 Turnover (million baht) 3,320 3,430 -110 JAKARTA Composite Index 406.01 404.87 +1.14 MANILA Composite Index 1,144.86
        230 words
      • Article
        BANGKOK
        797 26 THAI STOCKS eased as the market lacked driving force with foreign investors indifferent. The SET index ended 7.26 points lower at 813.78 on a turnover of 3.32 billion baht. Prices fell across the board. Jalaprathan Cement lost 24 baht to 753, Siam Cement slipped 12 to 658, and Tanayong,
        797 words
      • Article
        MANILA
        499 26 PHILIPPINE companies' strong first-quarter results boosted share prices in a market that was looking for an excuse to move ahead from a month of consolidation. Manila's composite index rose 28.31 points to settle at 1,144.86 as the market ignored weekend bombings blamed on right-wing rebels in Baguio City. Wall
        499 words
      • Article
        JAKARTA
        625 26 PRICES on the Jakarta stock exchange yesterday closed mixed in another dull trading day. Brokers said profit-taking dominated the market, putting pressure on some shares. The index edged up 1.14 points to 406.01. Lippo Industries was well traded on the big board on a volume of 200,000 shares at
        625 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        310 26 In local currency In S$ In US$ day y ear day year day year May 17 Index change change change change change change World ..406.5 -0.1 13.5 -0.2 11.4 -0.6 9.4 fEAFE Europe Pacific 536.2 0.0 14.1 -0.2 9.7 -0.6 7.7 424.1 -0.4 16.4 -0.7
        310 words
      • Article
        SEOUL
        766 26 SEOUL STOCKS retreated in extremely thin trading yesterday, pressured by tight liquidity and lingering political uncertainty. The composite stock index shed 7.67 points to close at 628.71 on turnover of 84.7 billion won compared with 82 billion won in Saturday's halfday session. Losers outstripped gainers 550 to 74, and
        766 words
      • Article
        TAIPEI
        339 26 TAIWAN share prices finished higher across the board and dealers said the market could-test the strong 6,300-point resistance level soon. The weighted index rose 127.81 points or 2.1 per cent to finish at 6,110.07 compared with Saturday's 5,982.26 close. Turnover was a moderate 59.3 billion Taiwan dollars against 51.3
        339 words
      • Article
        NEW ZEALAND
        81 26 FOOD conglomerate Goodman Fielder Wattie led the share market higher in afternoon trade as willing sellers took to the sidelines, keeping volumes low. The strength of Goodman in Australia helped and that was the main factor driving the market yesterday afternoon, said Murray Rutherford of Jordan Sandman Were.
        81 words
      • Article
        BOMBAY
        45 26 BOMBAY SHARES were subdued as India went to the polls for the second time in 18 months in national elections not expected to yield conclusive winners. The Bombay Stock Exchange index fell 13.44 points to 1,284.25. The national index lost 3.72 to 638.94. Reuter
        45 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon US dollar turns around again
      1030 27  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures. PREDICTIONS about
      Charts by TelecTrac  -  1,030 words
    • Article
      Greenback closes firmer in Japan against mark, yen
      440 27 THE US DOLLAR closed firmer against the mark and yen in Tokyo, pulled up just before the end by overseas players. Sweden's linkage of its crown currency to the European currency unit (ECU) also supported the US currency, dealers said. But traders
      440 words
    • Article
      FINANCIAL FUTURES
      1122 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.88 9189 9188 9188 637 ***** 1614 Sep 91 93.66 93.66 93.65 93.65 2578 ***** 6287 Dec 91 93.18 93.18 93.17 93.18 426 ***** 1078 Mar 92 92.96 92.97 92.95 92.95 302 6655 164 Jun 92
      1,122 words
    • Article
      INTERBANK FOREX RATES
      386 27 Cross rates May 20 USS SS MS Dm Yen SFr A$ NZ$ USS 1.7775 2.7670 1.7485 138.70 0.5867 1.4750 1.2788 1.6964 SS 0.5626 1.5567 0.9837 0.7803 0.3301 0.8298 0.7194 0.9543 MS 0.3614 64.24 0.6319 0.5013 0.2120 0.5331 0.4622 0.6131 Dm 0.5719 1.0166 1.5825 79.33 0.3355 0.8436 0.7314
      386 words
    • Article
      MONEY MARKET
      554 27 Interbank rates S$ Bid Offer Overnight 5 5 1/8 1-month 5 5 1/8 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 4-7/8 LSS Bid Offer 7 days 5 7/8 6 1 month 5 7/8 6 2 months 5 15/16 6 1/16 3 months 5
      554 words
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  • COMMODITIES
    • Article
      Lock icon KL aims to remain world's leading palm oil supplier
      358 28 Bernama KUALA LUMPUR Ma- > laysia aims to continue to be I the world's leading supplier of palm oil to meet the growing world demand for oils and fats, projected to increase by another 30 million tonnes by the year 2000,
      Bernama  -  358 words
    • Article
      Lock icon Moscow urged to buy petrol abroad to avert harvest crisis
      363 28 Reuter MOSCOW A senior Soviet oil official said Moscow must buy petrol abroad before the harvest if the supply of crude to refineries could not be maintained at target levels. Vyacheslav Yurov, head of the Russian republic's oil supply corporation
      Reuter  -  363 words
    • Article
      Lower LME fails to affect M'sian tin price
      851 28 REPORTS THE PRICE of tin was unchanged from last Friday's close at M$ 15.49 per kg at the Kuala Lumpur Tin Market yesterday. Dealers said the lower close on the London Metal Exchange last Friday had no effect on the local market
      851 words
  • Article
    PRICES
    1312 28 Rubber May 20 HAS(*»>hi Iflw) Scenting Noon Close Int I RSS Prompt 143.75/144.75N I43.50/I44.50N Int 1 RSS June 91 145.75/146.25 145.50/146.00 Int 1 RSS July 147.25/147.75 147.00/147.50 Int 2 RSS OP 142 00/144.00N 14I.50/143.50N Int 3 RSS OP I37.50/I39.50N 137.00/139.00N Int 4 RSS OP 133.00/135.00N 132.50/134.50N Int 5 RSS
    1,312 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      327 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/3773 PAX: 734-4»»2 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN Iha, I David Reginald Ellis Broadley of No 20 Rebecca Road, Singapore 1026, have applied for a 2nd Class Public House licence in respect of premises at M/s Duxtons Deli at 21 Duxton Hill, Singapore 0208, and
      327 words
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      Page 28 Advertisements Column 2
      241 28 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTES OF EVA MAE INVESTMENTS PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY OWEN pursuant to Section 308(1) of the Companies Act (Chapter 50) that a Final General Meeting of the members of the
      241 words
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      Page 28 Advertisements Column 3
      11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1086 29 City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA974 0005 GA886 0010 Adelaide SQ228 2000 QF82 2200 Amsterdam GA893 1025 GA886 0010 SQ24 0100 KL837 1415 GA892 0110 SQ23 1815 GA974 2025 SQ24 2200 KL838 2240 Athens 0A471 2205 SQ24 2200 Auckland NZ35 1550 SQ388
    1,086 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Where pubs say no to karaoke
      556 29  -  LETTER FROM DUBLIN 3* W JF m? M? M? Mi? Jw By Peter Millership Karaoke bars and discos are vying with Dublin's bastions of traditional drinking in a battle which is getting some publicans hot under the collar. They are worried that the relative
      556 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Ixical dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.380 1.400 Canadian dollar I.S32 I.SS2 NZ dollar 1.035 1.0700 Sterling pound 3.000 3.0200 US dollar 1.7700 1.7860 I>ocal dollars to 100 units of foreign currency Austrian schilling 14.20 15.20
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      52 29 Duration Title Venue Organiser Tel May 21-25 Medicine Zagreb, Zagrebacki (38)*****666 Technology Yugoslavia Velesajam International Exhibition of Medical. Pharmaceutical Laboratory Equipment Duration Title Venue Organiser Tel May 22-24 International Utrecht, Koninklijke ********** Computer Netherlands Nedertandse Software Jaarbeurs Exhibition May 25-29 International Milan Associasione *****64.282 Elect rot echnics
      52 words
  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      322 29 1 The prophet with a small by the JIK. JH (B _JB H 4 His bible readings charm 9 a regular atuniversity (7) 11 A lion disposed to make 12 Large terrorist organisation 17 gains H IB M|^H 13 Possess the right to 14 Firm demand for silence the H
      322 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      212 29 Singapore Outlook: Showers over many areas in the late morning and afternoon. Forecast: Maximum temperature 27.8 Assoc humidity 84% Minimum temperature 23.8° C Assoc humidity 98% Hours of sunshine.... 0.00 Rainfall in mm 44.0 Rainfall this month 226.7 Rainy days this month 15 World forecast Asia-Pacific Hi/I.o* Cond. Auckland 19/11
      212 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      36 29 *****3 HAssLe ON UJWPX LJANT UP pit CRP^CKOFDftwN... T TRPON u or me* 7 ofc£,SS»wJG the. u?fMX XJ _k -through thc door V- p\N»D ftU. FoK ft neße, fiTTA^oe... A EVENING STANOARO CO. LTD.. 1962-1991 <T<cU-,
      36 words
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  • Article
    Lock icon M$ 4l2m for Labuan shows KL is serious about tax-haven aim
    443 30 Bernama LABUAN The Ms4l2 million (about ***** million) allocation to improve Labuan's infrastructure over the next few years underscores the federal government's seriousness to transform the island into a full-fledged tax haven, Finance Minister Datuk Seri Anwar Ibrahim said
    Bernama  -  443 words
  • Article, Illustration
    Lock icon Violence breaks out in several states as Indians go to the polls
    295 30 Reuter NEW DELHI At least 35 people were killed yesterday in widespread violence in two Indian states during the first phase of elections to federal Parliament, news reports and witnesses said. Police imposed a curfew in a third
    Reuter; Reuter picture  -  295 words
  • Article
    Society needs to look at women differently
    288 30  -  By Hong Lee Tiam SOCIETY never asks how a man balances the multiple roles in his life and career, yet it seems to ask that question unabashedly of a woman, noted Datuk Seri Rafidah Aziz, Malaysia's International Trade Industry Minister, yesterday. In a
    288 words
  • Article, Illustration
    Productivity figures not as ominous as they look
    610 30  -  The Bottom Line KENNETH JAMES KENNETH JAMES AT FIRST glance, the numbers are welcome indeed. The 7.5 per cent economic growth in the first quarter is way ahead of the 3-6 per cent forecast prompted earlier this year by war clouds over
    610 words
  • Article
    Lock icon Quayle to Japan: Open rice market
    107 30 Reuter US VICE President Dan Quayle urged Japan to open its rice market on the first day of his two-day visit to the country yesterday. Allowing rice imports "will benefit Japanese consumers," Mr Quayle told Japanese Ag- riculture. Forestry and Fisheries Minister Motoji Kondo,
    Reuter  -  107 words
  • Article
    Asia-Pacific's energy imports expected to grow considerably
    330 30  -  By Genevieve Cua THE Asia-Pacific's dependence on energy imports will increase considerably during the decade, with net imports of oil taking up the lion's share of demand. Professor Mitsuru Miyata, senior managing director of Japan's Institute of Energy Economics, said energy supply within
    330 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      306 30 JIL Baume Mercier GENEVE 1830 HOTEL MERIDIEN Now, a meeting package in Phuket that even your accountant would approve of. Imagine holding your next meeting against the i backdrop of the Andaman Sea. Imagine taking time out J y from all the business talk to dive into our stunning pool.
      306 words
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      Page 30 Advertisements Column 2
      101 30 JIL Baume Mercier GENEVE 1830 The writer is a senior BT correspondent FREIGHT LINKS EXPRESS DISTRMRK I h— J MODERN DISTRIPARK THAT INCORPORATES I D TOTAL SERVICE 3-Storey warehouse complex incorporating 5-level offices with excellent container yard I Strategically located within the Jurong East Business Park J T Easy access
      101 words
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  • Shipping Times
    • Article
      Lock icon Dubai plans to be the Hongkong of the Middle East
      352 31 AFP DUBAI The tiny emirate of Dubai through trade with Iran, business from Kuwait, oil, a duty free port, and tourism looks set to emerge from the Gulf crisis as the Hongkong of the Middle East. The most concrete signs
      AFP  -  352 words
    • Article, Illustration
      Bangkok Airways plans to go regional
      509 31  -  From Rahita Elias in BANGKOK USING Indo-China as its springboard to South-east Asia, Thailand's rapidly expanding Bangkok Airways has plans to become the next Asian domestic carrier to go regional. Mr Paichayon Uathavikul, Bangkok Airways' vicepresident, administration and finance, told BT that the carrier
      509 words
    • Article
      SFFA opens doors to newly established forwarders
      303 31  -  By Magdalene Pang THE SINGAPORE Freight Forwarders Association (SFFA) has amended its constitution to allow newly established forwarders to become members. Previously, the SFFA only admitted applicants who have been operating here for at least two years. Now, freight forwarders who have not
      303 words
    • Article
      Lock icon Japanese shipbuilder to import luxury yachts from Germany
      330 31 NYT TOKYO IshikawajimaHarima Heavy Industries Co has reached an agreement with a German yacht-buildcr to import luxury yachts to Japan, a company spokesman said last week. However, the Japanese shipbuilder and heavy equipment manufacturer expects to sell only about two yachts annually,
      NYT  -  330 words
    • Article
      TWRA to increase rates for some commodities
      294 31  -  By Selva Kumar THE TRANSPACIFIC Westbound Rate Agreement (TWRA) has filed a new schedule of commodity-spe-cific rate increases as part of its 1991 rate programme. The increases, which will take effect from June 1 and July 1, will range from US$4O to US$2OO
      294 words
    • Article
      Lock icon Call for action against piracy in South China Sea
      325 31 Reuter LONDON Pirate attacks against merchant vessels in the South China Sea increased six-fold last year and calls are being made for measures to combat the crimes. The International Shipping Federation says night attacks on merchant vessels rose from six in
      Reuter  -  325 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        AA to hold seminars on safe driving in M'sia
        74 32 THE AUTOMOBILE Association of Singapore is organising a series of seminars on safe driving on Malaysian roads. The first of the series will be held on Thursday from 7pm to 9 pm at the AA Centre Multi-Purpose Hall in River Valley
        74 words
      • Article
        Saudi shipping firm's profit up
        113 32 MANAMA, Bahrain National Shipping Co of Saudi Arabia said it posted a record 80.328 million riyals (5536.4 million) net profit in 1990, up 16 per cent from 1989's 68.8 million riyals. The Riyadh-based company said in a statement that net assets at the end of
        113 words
      • Article
        Taiwan, NZ to open air links
        74 32 TAIPEI Taiwan and New Zealand plan to open air links in July, a senior official at Taiwan's Civil Aeronautics Administration (CAA) said yesterday. Air New Zealand is expected to start flying to Taipei in July under an agreement signed last month, CAA deputy director
        74 words
      • Article
        New Pakistani airline to be set up
        74 32 ISLAMABAD The Pakistani government has decided to allow one of two foreign groups to set up a private domestic airline in the country, a government spokesman said. The two groups the Aga Khan Fund for Economic Development and the Gulf Cooperation Council Investment
        74 words
      • Article
        Soviet strike may go ahead
        85 32 MOSCOW The Soviet government has met most demands by air traffic controllers, but their strike could still go ahead because of differences over pay, a trade union leader said on Sunday. Sergei Yevsukov, vice-president of the controllers' union, said the government had made key concessions
        85 words
      • Article
        Toyota's US unit exports parts
        88 32 TOKYO Toyota Motor Corp said its wholly owned US unit, Toyota Motor Manufacturing USA Inc (TMM), has begun exporting car components for Camry cars to Toyota's Tsutsumi plant in Toyota City, central Japan. The shipments of 250 rear axle shaft sets early this month were
        88 words
    • Article
      DAILY FREIGHTS
      1102 32 DRY CARGO freight rates on Friday firmed in an active market with grains and coal and iron ore the busiest sectors, brokers said. The Baltic Freight Index was marked up 11 points at 1,660. A 250,000-tonne iron ore load was booked from Tubarao to Japan at U5510.25 for
      1,102 words
    • Article
      Lock icon Seeking a niche in the skies-
      1871 32  -  Perry Flint concludes his article on South Korea's Asiana Airlines by taking a hard look at the problems it is facing Perry Flint Air Transport World THE decision to lease aircraft from GPA and Ansett was based as much on necessity as anything, notes
      Air Transport World  -  1,871 words
    • Article
      TRANSPORT DIARY
      955 32 May 28-30: Bth International Intermodal Expo, organised by Georgia Freight Burcauce, Georgia World Congree Center, Atlanta, USA. June 4-6: World Express, Amsterdam, Holland. June 4-9: Compat '91 Sixth EDI Exhibition and Conference, organised by Blenheim Queensdale, Blenheim, Falkoner Centre, Copenhagen, Denmark. June 11-14: Nor-Shipping '91, Sjolyst Exhibition Centre,
      955 words
    • Article
      THE SHIPPING GUIDE
      11174 40 This is a list of ships loading Ai at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a
      11,174 words
    • Article
      SHIPPING AGENTS
      3290 45 Containerline NV: Belsin I Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiei Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Lid (S).
      3,290 words
    • Article
      COURIER SERVICES
      257 45 AkaniCaakn Td: 545-8011. Fax: *****98. Air Express Travd Tel: 533-5771. Fax: *****44. Akknt Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Tet 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. Cfty-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services Tel:
      257 words
    • Article
      AIR FORWARDERS
      1514 45 Akex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Acthah Singapore Td: 542-7812. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Td:™s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express Internntiooal Td: 542-7666. Fsx: *****74, *****50. Air Market Express
      1,514 words
    • Article
      PORT CONDITIONS
      1983 46 ARGENTINA Buenos Aires: The dispute with the gantry crane operator spread to other machine/crane operators. The port was disrupted by union action. Although their demands have not been fully met. crane operators are working normally again. In the past few days arrival have outnumbered sailings and the port
      1,983 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      350 46 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers Golden Rio: 38,186 dwt and built 1979, sold to Greek buyers in the region of U556.25 million. The Ourania L: 27,571 dwt and built 1973. sold to Greek interests for around US$3.5 million. Motor vessels Kapetan Sideris:
      Reuter; AFP  -  350 words
    • Article
      AIR FREIGHT SCHEDULE
      470 46 'mm —i TT-r-nrr n»r u-mtnr'TwnM ARRIVALS Op Flight Type ETA T From TODAY NCA KZ203 B747F 0145 I NRT KAL KE697 B707F 0150 1 SEL JAL JL6I7 B747F 0345 I NRT RJA RJ024 B707F 1900 I AMM/MCT CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997 DC8F
      470 words
    • Article
      CRUISE & FERRY SCHEDULES
      224 46 CRUISE FERRY SCHEDULES CRUISE SHIPS An Pep Name of Vessel ETA ETD Ports of Calls Port Agt ni MAY 22 22 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 26 26 Ocean Pearl 0700 1700 P Klang-Sin-Brunei Reefer Lines 27 01 Fuji Maru 0800 0800 Tokyo-Hong Kong- Mitsui O S K
      224 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        542 47 Vesvd Voy No Berth Arrival Departure Kcppd Wharves G Enterprise 004 K34 alongside 24.05/2300 Kota Beuar E899 K32 atoqfade 23 05/0600 L*a 1 3/91 K30 ator«side 2105/1500 Trans Fiord 199A C09 alongs.de 20.05/1500 Ms Oanaos 08WB C10 20 05/2100 21 05/0800 BayswatefU8 ****** K33 2105/0900 2105/1400 Kota
        542 words
      • Article
        CONTAINER SCHEDULE
        1273 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Batance Rstts Sty Voy No Etb/Btr Period From To From Ace Concord 09E 23/0400 2 20/1700 21/0659 21/0900 4 21/1200 21/1459 21/1700 tea 158 24/0200 2 20/1700 21/0659 21/0900 4 21/1200 21/1459 21/1700 Alva Ms 9106 24/0130 2 20/1700
        1,273 words
      • Article
        IN MALAYSIAN PORTS
        240 47 Penartg Port Berth in Butterwarth on May 21: 1: Kocaeii I; 2: rai; 3: Sptca; 4: nil; 5: Swadaya; 6: A Princess. Penanf Wharf NB: nil; CB: Cipta Karya; SB: HMS Manchester. BCT: Bl: ml; Bit: Bronson; l/B: ml. VOIP: lonian Mariner. Due on May 21: Wu
        240 words
    • Article
      Lock icon Soviet airline launches trans-Pacific flight to US
      649 48 UPI ANCHORAGE, Alaska A Soviet jetliner, pioneering a new Pacific route linking the Soviet far east and the west coast of the US, made its historic first flight on Sunday, albeit late. The inaugural flight from Khabarovsk was 70 minutes behind schedule in
      UPI  -  649 words
    • Article
      Lock icon A new craft to keep a shaky boating market afloat
      505 48 NYT NEW YORK A slump in the boating market has prompted an elite group of yacht designers and builders to develop a futuristic design that they hope will rejuvenate a stagnant marine industry. The result of their four-year effort is
      NYT  -  505 words
    • Article, Illustration
      Lock icon Lloyd's blames losses on structural faults
      326 48 Lloyd's List LONDON Lloyd's Register has blamed structural weaknesses for the 34 bulk carrier casualties which have cost more than 250 lives since the beginning of 1990. LR said a combination of prejudicial loading stresses, cargo handling, weather and corrosion had overcome the vessels.
      Lloyd's List  -  326 words
    • Article
      Lock icon Tokyo sends helicopters to Bangladesh
      96 48 AFP DHAKA Two Japanese helicopters were being test run last Saturday for relief operations in Bangladesh's cyclone-ravaged areas, officials said. "We have assembled the dismantled helicopters and should be ready for our first sorties from Chittagong", Bangladesh's port city, one crew member said at the
      AFP  -  96 words
    • Article
      Lock icon N Korea hits out at US for searching ship in Red Sea
      277 48 AP TOKYO North Korea has accused the US of "undisguised piracy", saying a US ship had stopped and searched a North Korean cargo vessel in the Middle East. The official Workers (Communist) Party newspaper Rodong Shinmun declared on
      AP  -  277 words
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      Page 31 Advertisements Column 1
      51 31 MK HEMG NETM. CO PIE LTD lITUA3 AVE 14.9MMMPOM ZMX TELEX: RS M7I3MMCPW TEL: Ml SMS (J M| TUM/a Mt »M i kjVv fyMimftai HUMmnnm ESS Aufil Kfilllllm SMMckaM* ■Mil /fffrLiaHullll •otaMi«Lfo BP •DM a LPO rMUHM «ecw—»■ rflH Klmimm IIH Mfl.ranMttrap* awta* oeaiow wwovatkx a oehmam ouAirnr emo—eer—p OA#
      51 words
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      Page 31 Advertisements Column 2
      51 31 Ar Forward** 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruse Ferry Schedules 16 Daly Fraghts 2 Index to Advertisers 3 Port Conditions 16 Shvpng Agents 15 Shaping Gude 10,11 Shpsates/Tarher Rates 16 Shps in Port 17 Singapore Tides 17 Transport Diary 2 Weather and Sea Condtons
      51 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2400 33 iAROINE SHIPPING AGENCIES 200 Cantonment Road #12-05 Southpotnt, Singapore 0208 Allfir *****11 TELEX NO RS ***** IVflEßlll terminal/cfs t«i *****18 220 r rnrnl J bookings Tei *****34 2SB L VW7 M PCSAKA JARDINE SNIPPING AGENCIES SON. BHD. HORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** SSSS PENANG TEL *****4 TELEX NO
      2,400 words
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      Page 33 Advertisements Column 2
      976 33 MDEXf TOADVERTMRS Pagt' Col Page Col I a Vlac-Pac Freight 9 4/5 Macolinc 18 3 ABC Containeriine 12 1 •MacrskU'ic 3 4/5 Accord Group 8 1-3 wi- ci, r a Albatros Sea-Air 14 3 M s.a Shpg Corp 9 1/2 Allied-Link 16 4/5 Mercury Line APL 5 3-5 »MOL 18
      976 words
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      Page 33 Advertisements Column 3
      1930 33 MimsMi TWO SAILINGS PER WEEK TO EOROPE SINGAPORE/ROTTERDAM 18 DAYS ETD WEEKLY THtIRSOAY AND SDNDAY SINGAPORE/HAMBURG 20 DAYS Vaaaei Voy ETA I ETD "Port 'Penang Katang DESTINATIONS Tim Mtt Uarit Uwit 8106 Faedar by cv 28 5 oeoc mrs m Pinto CFS 27/5 23M MRS OAK LOB MOO MEM ATL
      1,930 words
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      Page 34 Advertisements Column 1
      1243 34 I IROTTEDAM/1 „•< t 4 n VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE TOKIO EXPRESS 99/120 23/5 13] i 11/6 10/6 KAMAKURA 17/320 25/5 11/6 13/6 16/6 17/6 lSN£4£3s KASUGA 15/121 25/5 11/6 13/6 16/6 17/6 VMIWKSTMUNOF MONTE ROSA 13/321 1/6 19/6 21/6 24/6 25/6 ffiUMC t KNANC
      1,243 words
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      Page 34 Advertisements Column 2
      585 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 30/5 11/6 13/6 19/6 ALSO ACCEPTING CAUBO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX SAI (PERU) ISLA FLOREANA 2208E 30/5 1/6 3/7 6/7 6/7 9/7 Agents .fllf. SINGAPORE: *****11
      585 words
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      Page 34 Advertisements Column 3
      1424 34 REGULAR INDEPENDENT FULL CONTAINER 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 13/06 14/06 17/06 18/06 19/06 2006 21/06 22« JAPAN SEA 112W 01/06 20/06 21/06 25/06 26/06 27/06 28/06 2906 3006 NORASIA SINGA
      1,424 words
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      Page 35 Advertisements Column 1
      1770 35 SjjgSteamers Maritime Holdings Ltd mm i a'tilNMiiKfJifjikulVfaum^lM'iil^liH^B Voy No Pe«/ -t-Pkl Is'pora Alf Sou Ant Rat Hb| ACCEPTS DUE SAILS LAURA MAERSK 9106 11/05 20/05 22 05 OC/0C 09/ M 10/06 12/0* CARGO TABIC BAY 0524 l»/05 20/05 25/05 11/04 13/0« 15/06 BINTANG S£RIA VOSE Bkit. MM, KB fci Port
      1,770 words
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      Page 35 Advertisements Column 2
      1772 35 TO: U.S.A./PANAMA FM: U.S.AJPANAMA NYC NOR JAV CRI IGB OAK SP V OAK IGB CM FOB S*¥ NO« «C CHOYANG SUN N« US 10/4 17/4 U/4 IS/* M/« M/ 4 l/« CMOYANG PARK IF 120 »/S IS/S 21/« 30/* S/7 */7 7/7 S/7 DS* YOKOHAMA MA 11* 17/* IS/* 21/*
      1,772 words
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      Page 35 Advertisements Column 3
      362 35 pffiBSEgHBG STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR OSAKA/NAGOYA/ YOKOHAMA AMBALIKA V 62 NB ETA SPORE S/6/91 ETA PK 8/6/91 COSMIC LEADER VI NB ETA SPORE 11/C/91 ETA PK 13/C/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS HONGKONG. TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE
      362 words
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      Page 36 Advertisements Column 1
      608 36 CR NBR 11«27>*****-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSUVOY I STOKE ROAM/ADAM H BURG BREMEN ANTWERP MATARAIV29WB lad 22/7 27/7 31/7 30 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sublet lo Inducement Atao accepting cargo to C«uW»nc«. Port SaM. Port Ataiandrta. Genoa. TrtMt*. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S
      608 words
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      Page 36 Advertisements Column 2
      960 36 i$L HANJIN SHIPPING S'nvi Lf H RTM AMI HAM RRV FFI I FEEDER VSL SW LINE KMA. LGB OAK HANRN SPORE 001W 21/5 6/6 7/6 8/6 8/6 10/6 11/6 "A™®"* s 15/$ 2/t HANJW LONGBEACH 033W 2/6 20/6 21/6 22/6 22/6 24/6 25/6 |HWW WSE 27/5 WKT 17/« ZO/i HANJM
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      1300 36 d T d T THH T^ IPKL SCP HKC KSC KLC PUS HKT OSK NCY SH2 TYO LAX CHS BAL NYC LHV ANW RDM THP MBC PSO CMS PKL SSP GENTRY RE-B* 2/5 Z3/5 M/S M/ 5 Jl/S V* 7/» if W* 71/4 3/7 ifl 7/7 tt/7 17/7 I*7 I*7
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      2053 37 V NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 UK/EUROPE SERVICE-*****19 USA SERVICE 27W116 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERV'CS-*****48 Mm MM TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 ■MflH CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 m NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33,
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      Page 37 Advertisements Column 2
      948 37 *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 MSCHAftGINC FROM EASTBOUNO LOADING FOR WESTBOUND TRANSHIPPED AT ROTTERDAM vesscls voi sm mi* wkc vot Isin
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      Page 38 Advertisements Column 1
      1561 38 K 4 4"W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) V V TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 i I I |4 MALAYSIA: "K" UNEMARITIME (MALAYSIA) SDN BHD 1 Am J.# JL Ui TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAIHA, LTD INDONESIA:
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      Page 38 Advertisements Column 2
      1121 38 \p*+ PHILI-ORI€NT LIN€S PT€ LTD 100 ROBINSON ROAD 007-00 QMG BUILDING SINGAPORE 0108 1 TEL: *****22/*****69/*****00 TELEX: RS ***** PHHJ FAX: *****76/*****36 BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU 4BU «W MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION NjjJ? VANCOUVER, S"WESTERN ONTARIO. 27 WAY DUBAI, DAMMAN,
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      1528 39 PACIFIC INTERNATIONAL LINES (PTE) LTD imSSSSSSSS ml Mm iBBi PIL Building, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA [BANGKOK VESSEL VOV SIN JKT SIN cncy 211 22/5 53/ c Ofl/s VESSEL VOY SIN BKK SIN EQUATOR MAS 04N 23/5 25/5 30/5 KOTA PMLVWAN Vut 25/ I 2/5 BUNG A TERATAI
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      Page 39 Advertisements Column 2
      985 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOYNOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Alaa-*- 158 24/5 10£6 11/6 13/6 u/6 NeQiloyd rkxyn' 156 26/5 17/6 18/6 Z
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      Page 39 Advertisements Column 3
      526 39 Mfc MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdj PATHEIN VIIIW 24/26 May HP* AN VI63W 30/ i iun PAGAN VIO7W «/10 lun THE BANK LINE (A service of Andrew Weir Shipping) U SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA
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      Page 42 Advertisements Column 1
      711 42 TOAUSTRAL IA/NEW ZE ALA N D (~WSL (sin Irrem Im Syd I Audi |NPE |P CHAW BRUSSfL 271 Mis M 7T/t "lit ~?2/« 2*/t C VEROIME 272 14,6 20(6 Hit Hit «11 TNTWERPfN 273 Hit i? T5/7 I*7 Hi? 24/7 MARTHA II 275 2/S 9 8 UjB 7a/8 2M 21*
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      Page 42 Advertisements Column 2
      837 42 EXPORTS TO HONGKONG, TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VoY~jilN |PKL PWG BLW SIN TSK MELOOY 25 25.5 "20 5 24 5 315 4 6 5 6 6 6 ICEBR 6A~22 5 23 5
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      Page 42 Advertisements Column 3
      296 42 I r Kjfw~ p T pfrlisahaan" pelayaran! I KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vest* ETA/CTD KSIIfUTION I NAGA XXI V«| 1191 21/72 Mi, Jakarta/Patembant I j MAGA XXI Voy 12/91 24/25 May ljkarti/f*ntt«i| I IMG* 42 1/91 29/10 May lakarta Pjkmbanj I WAG* XXI Voy 12/11 1/ 4
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      Page 42 Advertisements Column 4
      1417 42 /ba ti4T®TPI CHINA OCEAN SHIPPING COMPANY COSUI FULL CONTAINER LINER SERVICE tflex te r l s Scoship 2 MISTRI ROAD. HMC BUILDING FAX *****66 #15 00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: COST All SHIPPING PTE LTD TO HONGKONG AND CHINA FROM HONG KONG AND CHINA
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      Page 43 Advertisements Column 1
      934 43 roc coMVPmoNAi ctbvick Vmml PKL PNG P C. Loading lot A VESSEL 2*/05 Rotterdam/Antwerp qnwA nnx contain** mm vice VMMI SCP PKL BKK HKG Q(N SHA YANCfANGKOU lil 02/6 03/6 07/6 12/6 16/6 YANGfANGKOU ISJ 02/7 <B/7 07/7 12/7 16/7 Alw accaptinf otlwr clmmm (orti »ia HKG AummiA ""J cowTAnm
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      Page 43 Advertisements Column 2
      327 43 fi&T RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) rn FAX: *****15/*****03 fM TELEX: RS ***** RISHIP (3 Line.) Ih6T\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOfl SPORE ABBAY WONZ 20WB 30/05 DAHESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET
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      Page 43 Advertisements Column 3
      617 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD i it* cta eta SPORE PORT HUANG PtNAMG j BLUE lAOE 26/5 loading lor Malt MVJU HUDHU 29/5 Loading for Calcutta DOLPMN 28/5 Loading For Male PKXCEII SUPREME 2/6 Loading For Malt DONAKIAM 30/5 Loaded For Felmaru PROGRESS ÜBERTY 6/4 Loading for
      617 words
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      Page 43 Advertisements Column 4
      802 43 SYDNEY/MELBOURNE BANGKOK y CSStI VOT SPORE SYO EL_ VtSStl VQY SINGAPORE BAMCHOH > /< 10-20/0 22 24/0 MAMA BHUM# SON BM 22/5 M 25/5 fHA mm WOi 20-21/0 03-S/7 074/7 BUK TW 73/5 Si *«HETA MM S/7 U/7 22/7 WANA BHUM#* 14H M 24/5 MM 30/5 P.KELANG/PENANG/KUANTAN tawmut mh sat
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      Page 44 Advertisements Column 1
      1341 44 MAC-NELS SINGAPORE I "PORT TEL *****22 import TEL *****02 PENANG TEL: (04) *****6 IKK TEL: (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL. (03 *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 -N~AV J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 PADANG TEL: (751) ***** v-J JAKARTA
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      Page 44 Advertisements Column 2
      363 44 BLUE STAR LINE SINGAPORE TO jNEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. nv AUCK LYT MANOAMA 0596 In Pt 30 May Via NPI 1 Jul
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      Page 44 Advertisements Column 3
      1029 44 THONG SOON LINES PTE. LTD. Xx I 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH VESSEL I VST I
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      Page 46 Advertisements Column 1
      152 46 (W SIGNIFICANT SHIPPINGI I LCL CONSOLIDATION SERVICES j DUBAI, BAHRAIN, DAMMAM. MUSCAT. ABU DHABI, DOHA, SHARJAH, BANDAR ABBAS AND JEDOAH ETA SIN 27/ MAY, 4/JUNE, 12/ JUNE 1 SYDNEY, MELBOURNE. FREMANTLE, ADELAIDE PIRAEUS, LIMASSOL, TRIPOLI/LIBYA, TRIPOLI/LEBANON, BEIRUT/OUZAI. ISTANBUL. IZMIR. TUNIS. I MALTA/VALETTA, LATTAKIA. ADEN. BENGHAZI. ALEGIER, ALEXANDRIA. P. SAID AND
      152 words
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      Page 46 Advertisements Column 2
      37 46 This information appears under an arrangement between Business Times and the Baltic A International Maritime Council (BIMCO) and is based on the latest reports from BIMCO members and agents internationally. Innovation Technology in Business Times every Tuesday
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      319 47 TIDES AND WEATHER mniMWiiPftirii iw linn liinwniiriinii <iwwnKiiMwiiiiiiimmmmmmmmmm* nomii i imm wtmm mi TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 (MOO ******************** 1400 1500 1600 *****800 1900 2000 2100 2200 2300 JR 1.5 1.9 2.3 2.7 2.8 2.8 2.5 2.1 1.6 1.2 09
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      Page 48 Advertisements Column 1
      779 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY JHR PKE SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL WAN HAI 202 020 18/05 19/05 22/05 H. CHALLENGER 42E 17/06 21/06 24/06 TRANSWORLD BR
      779 words
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      Page 48 Advertisements Column 2
      55 48 f OFFICES MACOLINE ?!SST SS3J» I PORT KELANG: 03 *****06 SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VESSEL SIN PG~ SIN PLM Bunga Seta war PMOI7 24/5 25/5 26/5 27/5 Bunga Seta war 1/6 2/6 3/6 4/6 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS "BRITT ANN" 20/5 PADANG "B SETAWAR" 24/5 PALEMBANG i "SUSANNA"
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      Page 48 Advertisements Column 3
      514 48 ICHARTPOINTI Every Saturday in Business Times fm*t ti«> N) nt n m» m *1 auawnuwwaionc OUR USA mihii »mw 22/s >mt»Tai cai—us 755" i/i a/t" Hit an a/« 2»/i »/t «/t a/i" SERVICE CALLS IKI MM rill HiT auMTOI M( >***** 11/1 21/1 1/7 2/7 2/7 1/7 1/7 1/7 1/7
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