The Business Times, 22 May 1991

Microfilm: NL17495
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, May 22, 1991 75*
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  • NEWS SUMMARY
    • Article
      Bush, Kohl agree to help Soviet Union
      61 1 WASHINGTON US President George Bush and German Chancellor Helmut Kohl agreed on Monday to lend a hand to the economically-crip-pled Soviet Union but they did not make any immediate offerings. Mr Bush and Mr Kohl agreed to support Soviet President Mikhail Gorbachev in
      61 words
    • Article
      Air controllers call off strike
      38 1 MOSCOW President Mikhail Gorbachev seemed to have won an economic reprieve for perestroika on Tuesday when air traffic controllers, last in a series of key industrial sectors in rebellion, suspended a threatened strike.
      38 words
    • Article
      Another price war?
      33 1 AUSTRALIA'S travel market, hit by recession, has triggered a potentially damaging price war among travel agents and airlines in the hope of enticing more Australians to visit Singapore Page 2
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    • Article
      COEs up again
      29 1 QUOTA premiums for all the categories went up by leaps and bounds at the last vehicle tender exercise for the June Certificates of Entitlement Page 2
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    • Article
      Kureha's optimistic
      38 1 THE Asean market for plastics modifiers is the only one in the world that is growing. Kureha chemicals, whose downstream plant in Pulau Ayer Merbau produces such modifiers, expects turnover to reach $80 million Page 7
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    • Article
      Bagging the contracts
      29 1 AS THE US$5 million Singapore aid plan for the Philippines shifts into high gear, more Singapore companies are winning contracts arising from the programme Page 7
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    • Article
      Must we have them?
      21 1 BIG law firms in Singapore are not keen on the entry of foreign law firms Page 14
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    • Article
      Not too exciting
      14 1 AUTHORS don't find their royalty statements a good read Page 17
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    • Article
      Its very own network
      32 1 IN A MOVE to modernise its services, the China Ocean Shipping Company has entered into a contract to set up its data communication network Shipping Times Pg 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      39 1 US stock prices inched higher in early trading yesterday. The Dow Jones average of 30 industrials rose 7.60 to 2,899.82 at 10.30 am EDT (1430 GMT) in the first hour of trading. Volume was 21.06 million shares.
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    • Article
      Footsie higher
      25 1 LONDON shares were higher at midday yesterday. At about 12.15 pm (1115 GMT), the FTSE 100-share index was up 8.7 points at 2,475.3.
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    • Article
      More acquisitions
      19 1 THE MBf group is planning to acquire a stockbroking arm and a life insurance operation Page 3
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    • Article
      CityDev's plan
      13 1 CITY Developments is buying Delfi Orchard for $95 million Page 3
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    • Article
      Raising more funds
      24 1 HOPEWELL Holdings Ltd is hoping to raise about HKSS.6 billion through a one-for-one rights issue at HK$3 a share. Page 4
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    • Article
      Too early to tell
      30 1 STOCKBROKERS say it is still too early to assess the implications of the New York Stock Exchange's decision to gradually move towards 24hour trading Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 734.37 -3.06 Kuala Lumpur ....584.20 +0.75 Tokyo 25,481.21 -41.82 Hongkong 3,829.88 -87.21 Sydney 1,536.9 +5.7 Monday Change New York 2,892.22 +5.59 London 2,466.6 +12.7
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7695 100 Yen SS 1.2813 MS SS 0.6409 Money market rate* Overnight 5 unch 3-month 5-1/8 unch
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    • Article
      COMMODITIES
      37 1 London Gold am fix USS356.75 +USS2.85 Rubber S'pore June 145.75*/kg +0.25 M'sia June 225.50*/kg unch KL Tin Turnover 20 tonnes -21 Spot M$ 15.49/kg unch Crude palm oil Turnover 1,302 lots -33 June MJ778 /tonne +9
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  • Article
    K&S Int'l withdraws two lawsuits against Kajima
    264 1  -  By Shoeb Kagda OHIO-BASED K&S International Inc has dropped two legal suits against Kajima Overseas Asia (KAO) in Singapore and Hongkong, following KAO's action to withdraw on Monday the suit it had filed against K&S International in Singapore earlier this year. In a
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  • Article
    Parkway to pump £10.5m more into UK project
    532 1  -  Company buying out partner in property deal By Lee Han Shih IT IS literally an "in for a penny, in for a pound" situation. Parkway Holdings, already committed to developing a London apartment block, is pumping a further £10.5 million (5531.5 million)
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  • Article
    Lock icon Russians prepare for direct elections
    310 1 AFP MOSCOW Russian Federation deputies yesterday started to lay legislative groundwork for a new executive presidency, three weeks ahead of the first direct elections to such a post in the most populous of the Soviet republics. Until now, the president Boris Yeltsin has been elected
    AFP  -  310 words
  • Article
    Growing demands by pribumis strain Indon deregulation drive
    662 1  -  From Yang Razali Kassim in JAKARTA INDONESIA'S drive to deregulate the economy is showing signs of some strain. While deregulation has been a prime factor in turning the country into one of Asia's most promising economies, there has been resentment over, the
    662 words
  • Article
    Govt can expect good returns on UK investments
    483 1  -  By Alvin Tay THE Singapore government, which has emerged as a new force on the London hotel scene following its purchase of a 30-per cent stake in Mount Charlotte Investments, can expect good returns in the medium to long term. UK-based management
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      222 1 EXECUTIVE PLACEMENTS g *****62 Aircraft Schedule 27 Money Changer Rates 27 Weather 27 Commodities 26 Money Market 25 World News 8.10 Cryptr Crossword 27 Regional Co News 4 Editorial 12 Regional News 7 For market indices, editorial, Financial News 6 Regional Stock Markets 22 advertising and circulation exFutures Options 25
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    • Advertisement
      Page 1 Advertisements Column 2
      99 1 Ij■ *1 FANTASY VMATEPBCOB |gW a. IV far?yj Showroom; 15 Enggor StrMt #01-03 Reafty Centra BH Singapore 0207 T«i: *****56 Fir *****54 That super, mega deal What's in store for GIC and Temasek in Brierley/Mt Charlotte deal GIC profile: Making its mark silently, shrewdly, Page 13 BT Investment Race: Contest
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Quayle in S'pore to address Pecc meet
        50 2 US VICE-PRESIDENT Dan Quayle, who arrived in Singapore yesterday, met Prime Minister Goh Chok Tong and Senior Minister Lee Kuan Yew last night. Mr Goh hosted an Istana poolside dinner for Mr Quayle, who is here to address the Pacific Economic Cooperation Conference.
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      • Article
        Consumer prices up 0.5pc
        64 2 CONSUMER prices remained on the uptrend in April, rising by 0.5 per cent from March levels. The increases came mainly from food and transport and communications, especially dearer petrol and cars. Compared with a year ago, the April 1991 prices were 3.7 per cent higher. Housing
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      • Article
        NUS seminar on Europe '92
        59 2 THE NATIONAL University of Singapore's Centre for Business Research Development is organising a seminar "Europe Deadline 1992" on Friday. Dr Dieter Stumpp, an administrator in the European Community Commission for 28 years and currently a teaching fellow in the faculty of business administration, will discuss
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      • Article
        Labour survey in May, June
        73 2 THE Ministry of Labour is conducting the mid-1991 labour force survey in May and June. A sample of 33,000 households has been selected for the survey. Interviewers from the ministry will visit these households to collect information such as race, sex, age, education, income and
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      • Article
        No SDF support for two centres
        50 2 THE Skills Development Fund (SDF) withdrew its support for all SDF-supported training programmes conducted by Lek Meng Professional Training Centre as of May 2. On May 9, the SDF also withdrew its support for all SDF-sup-ported training programmes conducted by Clifford Educational Training Centre.
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      • Article
        Homestead enters new field
        62 2 HOMESTEAD Furniture, one of Singapore's leading furniture retailers, has broken into a new field as a contract supplier. It has delivered over $1.6 million worth of furniture to the National University of Singapore and Nanyang Technological Institute in six weeks. The furniture is for the staff
        62 words
    • Article
      Fewer Aussies visit S'pore as price war hits travel trade
      316 2  -  From S N Vasuki in PERTH AUSTRALIA'S recession is having a severe impact on the number of Australian tourists visiting Singapore and other Asian destinations. And the softening market has triggered a potentially damaging price war among travel agents and
      316 words
    • Article
      New correction fluid for the more health-conscious
      262 2  -  By Shoeb Kagda LOCAL distributor Trans Masing Trading hopes to cash in on the increasing health consciousness among consumers to push its new correction fluid called OptiFluid. Manufactured in Germany, the product does not need thinners and is free from chlorinated hydrocarbons and
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    • Article, Illustration
      Lock icon June vehicle quota premiums soar for all categories
      585 2  -  Distributors said to be trying to comer market By Selva Kumar QUOTA premiums for all categories went up by leaps and bounds at the last vehicle tender exercise for the June Certificates of Entitlement (COE). And for the first time, individual speculators
      Source:  -  585 words
    • Article
      Foreign worker tender system may start off with manufacturing
      314 2 IF ADOPTED, the tender system for foreign workers could kick off with the manufacturing sector, Labour Minister Lee Yock Suan said in an interview published in the lastest issue of Petir. The system could later be extended to other sectors like
      314 words
    • Article
      Construction industry spends more on research
      131 2 RESEARCH expenditure in the construction industry rose sharply by $5.5 million last year over the previous year's $3 million, an increase of 83 per cent. R&D expenditure per $1 million awarded also rose, from $573 in 1989 to $711 last year, a rise of
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      169 2 FLY EMIRATE S- F I RST AND BUSINESS CLASS TO DUBAI _7_ X Fly with Emirates to Dubai, a first class business and leisure destination. Relax in the comfort of our Airbus A3lO-300's. Stretch out in First Class head-to-toe sleeper seats or recline in Emirates' Business Class spacious sleeperettes. Sample
      169 words
    • Advertisement
      Page 2 Advertisements Column 2
      124 2 No. 1 Coleman Street. An address of distinction. Ideal for medium and large companies. Immediate occupation. Office units with areas ranging from 1,400 sq ft to 29,000 sq ft at attractive centres or branch offices. Centrally located, the 10 storey office cum shopping complex offers the a modern office plus
      124 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MBf plans to buy broking and life insurance arms
      535 3  -  From William Chia in KUALA LUMPUR THE MBf group, which holds a controlling stake in Malaysia's largest finance company MBf Finance, is planning to acquire a stockbroking arm and a life insurance operation. Group chief executive Datuk Loy Hean Heong told
      535 words
    • Article
      CityDev confirms acquisition of Delfi Orchard for $95m
      359 3  -  By Lee Han Shih CITY Developments yesterday confirmed its purchase of the Delfi Orchard but did not fully explain why it is going into this currently loss-mak-ing investment. An announcement said the $95-million buy was completed last Friday (May 17), and that
      359 words
    • Article
      Penang hotel contributes 16pc to King's group turnover
      280 3  -  By Teh Hooi Ling THE KING'S Hotel group's maiden venture in Malaysia, although not profitable yet, made its presence felt in the group's 1990 results by contributing 16 per cent of total turnover. Novotel Penang, formerly known as Orchid Hotel, contributed $7.8
      280 words
    • Article
      Lock icon Malayan Railway profits soar
      235 3 Bernama KUALA LUMPUR Malayan Railway (KTM), which will be corporatised on Jan 1, has reported a 290 per cent rise in its operating profit to M 511.6 million (Ss7 million) in 1990 from M 51.29 million in 1989. KTM general manager Abdul Rahim Osman attributed the
      Bernama  -  235 words
    • Article
      S'pore, Thai, HK stocks offer opportunities for investors
      414 3  -  MARKET TALK By Salil Tripathi A NEW STUDY of Jardine Fleming Unit Trusts Ltd, the Hongkong-based mutual fund giant, shows that Singapore, Thailand and Hongkong offer the best opportunities for investors as these three have the best balance of interest rates, economic
      414 words
    • Article
      Morgan Grenfell sets up broking arm in Indonesia
      297 3  -  By Chew Eng Han THE Morgan Grenfell Asia group has established its presence in the growing Indonesian securities market by taking a 90 per cent stake in a joint-venture company, PT Morgan Grenfell Asia Indonesia (MGAI). The minority stake of 10 per
      297 words
    • Article
      Venture funds a new force in region
      183 3 THE large amount of money flowing to Asian venture capital funds represents a potent new investment force in the region, according to Dr Victor Fung, chairman and chief executive officer of Prudential Asia Investments Ltd. Speaking at the Pacific Economic Co-operation Conference in
      183 words
    • COMPANY BRIEFS
      • Article
        Rashid Hussain, D&C unit set up joint venture
        97 3 KUALA LUMPUR Malaysian stockbrokers, Rashid Hussain Bhd has established a joint venture company to manage unit trust funds. The new company, DCM-RCB Unit Trust Management Bhd, will be jointly owned by Rashid Hussain (49 per cent) and D&C Merchant Bankers (51 per
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      • Article
        Guthrie GTS unit restructures
        77 3 GUTHRIE GTS Ltd will from May 2 cease to be the ultimate holding company of Guthrie Maintenance Services Pte Ltd (formerly Guthrie Retail Consultants (S) Pte Ltd). This results from the increase in the latter's paid-up capital from $2 to $100,000 with the allotment of 50,000
        77 words
      • Article
        Polytek Wearnes' audit panel
        35 3 POLYTEK Wearnes Holdings Ltd has appointed Mr Soh Yew Hock (chairman), Dr Hong Hai and Mr Raymond Sze Yung to its audit committee, which was formed on Nov 7 last year.
        35 words
      • Article
        Indonesian floating rate notes
        37 3 THE interest rate for Bank Negara Indonesia 1946 US$5O million floating rate notes 1994 has been fixed at 6 9/16 per cent for the period beginning May 22 and ending Nov 22, 1991.
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      • Article
        KLSE to close on Vesak Day
        41 3 KUALA LUMPUR The Kuala Lumpur Stock Exchange will be closed on May 28 for Vesak Day and on June 5 in conjunction with the birthday of the Yang Di Pertuan Agong, the KLSE announced yesterday.
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      • Article
        Broking firm picks OYL
        66 3 KUALA LUMPUR OYL Industries, which is going in a big way in the export of air-conditioners, has been rated as a long-term buy stock by TA Securities Sdn Bhd. In its analysis of OYL, TA Securities said the leading Malaysian air-condi-tioner manufacturer, with a 30 per
        66 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      158 3 I'll call you again tomorrow I rom the hotel. J k ANA HOTEL SINGAPORE I 1 4 C O ft 4 4 PLAN THE PERFECT WEDDING BY THE SINGAPORE RIVER wnVHVMRiV The scene is set for your most dramatic moment. Take your place amidst the magnificent Tudor-styled architecture, surrounded by
      158 words
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon Hopewell hopes to raise HK$5.6b with rights issue
      276 4 Reuter HONGKONG Hopewell Holdings Ltd will seek to raise about HK$5.6 billion (551.24 billion) through a one-for-one rights issue at HK$3 a share. The company said it will issue about 1.88 billion new ordinary shares. Hopewell said it had issued 100 million
      Reuter  -  276 words
    • Article
      Jakarta's PT Semen Gresik to issue 40m shares
      288 4 JAKARTA The Indonesian government has finally licensed PT Semen Gresik, after a number of postponements, to become the first state-owned company to go public by offering 40 million shares (26.9 per cent of its total common stocks) through local stock markets, the
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    • Article
      Lock icon Bond shareholders' yes to debt-for-equity scheme
      187 4 Agencies PERTH Shareholders in Western Australia's Bond Corp have voted in favour of an arrangement which could, lead to the company's reinstatement on the stock exchange, managing director Peter Lucas said on Monday. They approved a debt-for-equity swap scheme with creditors aimed at keeping
      Agencies  -  187 words
    • Article
      Liem's Madura cement project to be cancelled
      331 4 JAKARTA Liem Sioe Liong's cement project on Madura island, East Java, will be one of the 400 or so investment projects to be cancelled, the deputy chairman of the Investment Coordinating Board (BKPM) reportedly said. According to a Jakarta Post report on Monday,
      331 words
    • Article
      Lock icon JVC's net profit down 13pc
      240 4 AFP TOKYO The net consolidated profit of consumer electronics giant Victor Co of Japan Ltd (JVC) fell 13 per cent from a year earlier to J6 billion yen (Ss2os million) in the year ended March 1991*. The company, a subsidiary of Matsushita Electric Industrial Co
      AFP  -  240 words
    • Article
      Toray to build filament yarn plant in Thailand
      206 4 BANGKOK Japanese textile manufacturer Toray Group is spending more than 2.5 billion baht (S$ 170 million) to build a new plant producing filament yarn in Thailand, the Bangkok Post reported on Monday. It will use Thailand as an exports base. The plant
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      466 4 ||l| The Academic Programme at Banque Asia '91 Finance Asia '91 State-of-the-Art Presentations on Financial Technology Applications June 19 21,1991 Raffles City Convention Centre The solutions-oriented exhibits in Credit Analysis in the 1990's combination with a state-of-the-art Beyond academic programme is what makes David Tong, PKF Consultants, Banque Asia the
      466 words
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      Page 4 Advertisements Column 2
      768 4 msmmmmsammam—ammmmm—s^—aaeaaaem—mmaaea—aaammmmamaaammmammmmammmmmmmmm—mm—^aammmam—mammamm—mmm* :;wUniversity of California, Berkeley Haas School of Business TMCSCONFBIENCtS |p/vl i il University Extension, University of California, Berkeley and Times Conferences v El jointly present r hTm JIL The Annual Executive Education Programs Designed exclusively for senior management in Asia, these highly intensive and interactive programs provide opportunities for
      768 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Brent Walker expects losses again in 1991
      475 5 Reuter LONDON Leisure firm Brent Walker Group pic, reporting massive losses for 1990, says it will be in the red again this year and that its future depends on creditors. The group, led by former professional boxer George Walker, reported a net loss
      Reuter  -  475 words
    • Article, Illustration
      Lock icon Electrolux faces sharp profit fall
      510 5 Revamp and weak demand expected to hit first-quarter results Reuter STOCKHOLM Swedish household appliances concern AB Electrolux, faced with a long, hard road to recovery, is expected to show a continued profit slump of up to 50 per cent in its firstquarter results today. "World
      Reuter  -  510 words
    • Article
      Lock icon Lyondell sees acceptable second quarter
      424 5 Reuter NEW YORK Lyondell Petrochemical Co says second-quarter earnings, while not matching first quarter's performance, will be "acceptable" despite a still sluggish US economy. "Most expectations are that petrochemical and refining margins will be down this r quarter, but we expect a very acceptable performance,"
      Reuter  -  424 words
    • Article
      Lock icon Investment income boosts profits at ABF
      371 5 Reuter LONDON Twelve-month profits at Britain's top breadmaker, Associated British Foods pic (ABF), were helped by a higher-than-expected investment income contribution from group chairman Garry Weston's cash pile, analysts said. Pre-tax profits at the group for the year to endMarch 1991 were up 12
      Reuter  -  371 words
    • COMPANY BRIEFS
      • Article
        Apple Computer to lay off 10pc of staff
        83 5 CUPERTINO, California Apple Computer Inc, faced with a sluggish personal computer market, said on Monday it would cut its workforce by 10 per cent, or about 1,600 employees, and restructure operations. The company, which has about 15,600 workers, said the job cuts
        83 words
      • Article
        Montedison profits up 13pc
        93 5 MILAN Montedison SpA, the food and chemicals group controlled by Italy's Ferruzzi Finanziaria SpA, said operating profit was up 13 per cent in the first quarter of 1991 compared with the same period a year earlier. "There has been an overall improvement of around 13 per
        93 words
      • Article
        NCR enters mobile market
        94 5 DAYTON, Ohio NCR Corp said it is entering the mobile computer market with one of the smallest and lightest notebook computers in its class. Weighing 2.5 kg and measuring 4cm high, the NCR 3120 will be available next month. It said the basic model, with 1.44
        94 words
      • Article
        13 more Macy's stores by '95
        90 5 NEW YORK R H Macy Co Inc and The O'Connor Group said they agreed in principle to build a Bullock's Department Store in The Promenade shopping centre in Woodland Hills, California. A new 90,000 sq ft I Magnin, half the size of the proposed
        90 words
    • Article
      Lock icon German firm's offer for Vista extended
      273 5 UPI HOUSTON A German company's oft-delayed bid to buy Vista Chemical Co for US$59O million (Ssl billion) was delayed once again to allow continuing efforts to satisfy anti-trust objections raised by federal regulators. The US$55-a-share tender offer from RWE-DEA was to have expired at
      UPI  -  273 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      200 5 B U S 1 N E s s TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 I Metro International Corporation, a U.S. I manufacturer and exporter, located in WilkesBarre, PA, of storage and transport systems serving the foodservice, healthcare and commercial products (electronics, stores, etc.) markets has a vacancy for: DEPUTY REGIONAL DIRECTOR
      200 words
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      Page 5 Advertisements Column 2
      148 5 y' -lp v* v <• t> .r £31 -a MN jf jHH Qjellinti you the full story would only be telliru) you half. It's difficult to imagine a room more sumptuous than our Brunei Suite. But at the Goodwood Park Hotel, beautiful rooms are hardly the full story. Because each
      148 words
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  • FINANCIAL NEWS
    • Article
      NYSE move: initial impact will be small
      480 6  -  But 24-hour trading will bring rewards to S'pore market in long run By S N Vasuki THE DECISION by the New York Stock Exchange (NYSE) to gradually move towards 24-hour trading met a guarded reception in Singapore yesterday. Stockbrokers interviewed by BT said
      480 words
    • Article
      Lock icon National City offers share exchange in Ameritrust merger
      264 6 Reuter CLEVELAND National City Corp has offered to negotiate a merger with Ameritrust Corp in a share exchange worth about US$B7O million (SS 1,540 million). National City first proposed a merger on Sep 4, 1990, in a letter to the Ameritrust board.
      Reuter  -  264 words
    • Article
      Lock icon De Benedetti says he had no power at bank
      278 6 Reuter MILAN Italian businessman Carlo De Benedetti told a Milan criminal court on Monday that he lacked power during his two months as vice-chairman of Banco Ambrosiano and he did not make a profit on the sale of his stake in
      Reuter  -  278 words
    • Article
      Exhibition to unveil bank of the future
      283 6 IF YOU'VE ever wondered what the bank of the future will look like, you can have a preview next month at Banque Asia '91 at the Raffles City Convention Centre. Showing how far banking has come from the übiquitous ATM, the exhibition will
      283 words
    • SMALL CHANGE
      • Article
        Morgan to issue sterling warrants in Hongkong
        123 6 HONGKONG The Hongkong branch of Morgan Guaranty "Trust Co of New York said on Monday that it plans to issue five million currency call warrants, the first sterling warrants issued in the Hongkong market which can be broadly traded. The American-style warrants give
        123 words
      • Article
        No dumping of junk bonds
        84 6 LOS ANGELES California's Insurance Commissioner John Garamendi said his proposals for reducing junk bond holdings at the seized Californian insurance units of First Executive Corp and First Capital Holdings Corp do not include dumping the bonds on the market. Mr Garamendi told a meeting of
        84 words
      • Article
        Shenzhen to reduce stamp duty
        75 6 HONGKONG China's southern Special Economic Zone (SEZ) of Shenzhen will reduce stamp duty by 50 per cent on each stock transaction to 0.003 per cent effective June 1, the China News Service said yesterday. The People's Bank of China, the country's central bank, said all
        75 words
      • Article
        First Capital posts big loss
        93 6 LOS ANGELES First Capital Holdings Corp said on Monday that it lost US$77O million (551,363 million) in the first quarter after accounting for the recent seizures of its life insurance subsidiaries by regulators in California and Virginia. The company, which is based in Los Angeles,
        93 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      250 6 BUILT ON STRONG FOUNDATIONS Private Portfolio Management London is the world's centre for international SERVICES FOR OUR PRIVATE investment management. Based in the CLIENTS INCLUDE heart of the City of London, with its Global Equity Investment powerful resources, Warburg Asset w v Global Fixed Interest Investment Management provides a complete
      250 words
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      Page 6 Advertisements Column 2
      51 6 < I The Discerning Man's Choice. «T7? < j QcML/ Creator of Prestigious Fabrics. < J Available onlv at selected tailors. i i I.iu1111• i< I\i >1 >. 11 iI. < vV. I«■ IMr I lil < I \I >1 ilu I «nil I >\i n ill 111 u l;'<
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Kureha optimistic about plastics modifiers
      374 7  -  By Genevieve Cua SINGAPORE Asean is the only market in the world where demand for plastic impact modifiers, a kind of plastics additive, is still growing, and chemicals company Kureha has positioned itself for a bigger share of that market. Plastic impact modifiers improve the
      374 words
    • Article
      Lock icon Relative calm leads to hope of stability
      576 7 AP MANILA Months of rare political calm have led many Filipinos to hope for stability in the latest economic crisis, and in the showdown yet to come over who will succeed President Corazon Aquino. Others, less sanguine, see it merely as a failure
      AP  -  576 words
    • Article
      More Singapore companies securing contracts
      339 7  -  From Harish Mehta in MANILA AS THE US$5 million Singapore aid plan for the Philippines shifts into high gear, more Singapore companies are winning contracts arising from the programme. The Singapore govern-ment-sponsored aid plan covers 23 projects from feasibility studies in various sectors of the
      339 words
    • NOTE BOOK
      • Article
        Firming agricultural cooperatives in Asean
        71 7 JAKARTA A centre has been set up to strengthen and expand agricultural cooperatives in the Asean countries, 11 years after the idea was mooted at an Asean economic ministers meeting in Thailand. The Asean Centre for Development of Agricultural Cooperatives or Acedac would have its
        71 words
      • Article
        Bilateral cooperation
        52 7 BANGKOK Visiting Malaysian Foreign Minister Abdulla Ahmad Badawi and his Thai counterpart Arsa Sarasin signed an agreement on Monday to form a joint committee for bilateral cooperation. A Malaysian Embassy spokesman said the foreign ministers endorsed a recommendation of the Fourth Joint Commission Meeting held in Phuket on
        52 words
      • Article
        Fishing talks
        104 7 MANILA The Philippines and Taiwan are to begin formal negotiations today on their heated fishing dispute, a dialogue which Manila insists will not harm diplomatic relations with China. Press Under-Secretary Horacio Paredes said the high-level discussions would be in accord with Manila's "OneChina" policy since they would be
        104 words
      • Article
        Canberra denies claim
        67 7 KUALA LUMPUR Australia, whose relations with Malaysia have soured in recent months, denied on Monday that it had ordered the deportation of thousands of Malaysian students. The Australian High Commission here also refuted claims in a local newspaper that the immigration department was refusing to return the
        67 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      58 7 Direct from m 1 J the largest I I WT dismantles of J I transformers in the large from large transformers All enquiries to manufactured in C Soar ft Sons the U.K., suitable Tank Row, for re-stamping, Off Grange Lane, available on a Stairfoot,BamsJey, regular basis. 226 *****1 Exported to
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      Page 7 Advertisements Column 2
      51 7 Hop around Asia with Qantas. HONG KONG M BAM.kOk SINGAPORE DAILY FLIGHTS Hop between three of Asia's most exciting cities. And enjoy an in-flight service that brings together the best of East and West. For further details call Qantas on 737 3744 or your travel agent. QANTAS The Spirit of
      51 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon US recession losing its punch, says Greenspan
      323 8 Reuter WASHINGTON Federal Reserve chairman Alan Greenspan said on Monday that the US recession was losing its punch and sounded hopeful that the 10-month downturn would end soon. In his most upbeat assessment of the outlook since late last year, Mr Greenspan said
      Reuter  -  323 words
    • Article
      Lock icon EC unveils plan to boost exports to Japan
      344 8 Reuter TOKYO The European Community (EC) announced on Monday a far-reaching trade promotion programme designed to increase the quantity of EC products sold in Japan and to prevent a worsening of political ties with Tokyo. The three-year campaign, which has already contacted
      Reuter  -  344 words
    • Article
      Lock icon English and Welsh bankruptcies at 20-year high
      149 8 AFP LONDON Bankruptcies in England and Wales reached a 20-year high during the first quarter of the year and were 77 per cent higher than during the same period last year, accountants KPMG Peat Marwick McLintock said in a report During the first
      AFP  -  149 words
    • Article
      Lock icon Overseas spending offsets Taiwan's foreign reserves
      285 8 AFP TAIPEI Increased tourism spending by Taiwan residents, especially in China, has substantially offset the country's large foreign exchange reserves, an economist said yesterday. Taiwan tourists spent an estimated USSS billion (SsB.9 billion) overseas in 1990, $3.1 billion more than the amount spent by
      AFP  -  285 words
    • WORLD WATCH
      • Article
        Japan still the world's largest creditor country
        72 8 TOKYO Japan is estimated to have retained its position as the world's largest creditor nation in calendar 1990, the Ministry of Finance announced yesterday. Japan's net overseas holdings the balance between assets and debts it holds abroad hit a record U*****.1 billion (SSSB3
        72 words
      • Article
        Star Wars request slashed
        94 8 WASHINGTON Defying a veto threat, the US House of Representatives on Monday acted to slash President George Bush's US$5.2 billion (559.2 billion) request for Star Wars anti-missile research and cut all space weapons research. The House rejected 266-118 a proposal that would have completely killed the
        94 words
      • Article
        US suspends aid to Yugoslavia
        85 8 WASHINGTON The United States has suspended aid to Yugoslavia and will oppose granting it loans from international lending institutions because of the behaviour of Serbia, the US State Department said on Monday. Department spokeswoman Margaret Tutwiler said an amendment to the Foreign Operations Appropriations Act
        85 words
      • Article
        US welcomes new Soviet Bill
        108 8 WASHINGTON The enactment of a Soviet law liberalising foreign travel and emigration could prompt the United States to remove trade restrictions that have hamoered development of commercial ties between the supei, ers for decades. The White House and State Department welcomed passage of the emigration
        108 words
      • Article
        Drop in Japan's mining indices
        115 8 TOKYO Japan's index of mining and manufacturing in March fell 2.1 per cent from February and that of shipments 1.0 per cent, according to revised figures released by the government on Monday. The output index stood at 126.8 against the base figure of 100 for
        115 words
    • Article
      Lock icon Industrial policy missing in EC
      564 10 Result: Europe's single market will benefit US, Japan most IHT BRUSSELS What comes after Europe's single market? Monetary and political union? Yes, if we are to believe the headlines. But first there is a far more urgent problem to be tackled. Unless Europe acts fast,
      IHT  -  564 words
    • Article
      Lock icon Top Soviet economists meet US professors on reform plans
      519 10 NYT CAMBRIDGE, Massachusetts Reflecting a sense of desperation in the Soviet Union, a team of high-level Soviet economists began meetings here on Monday with American professors to draw up a plan that they hope could save the Russian economy by offering
      NYT  -  519 words
    • Article
      Lock icon US officials say Japanese are too slow with reforms
      370 10 AP TOKYO US trade officials said on Monday they were dissatisfied with slow progress on reforms aimed at making the world's two largest economies more compatible. "Frankly, we're disappointed," said a US official participating in the talks, who spoke on condition
      AP  -  370 words
    • Article, Illustration
      Lock icon Kaifu hints to Quayle of easing ban on rice imports
      407 10 AP TOKYO US Vice-presi-dent Dan Quayle heard hints from Prime Minister Toshiki Kaifu on Monday that Japan might ease its ban on rice imports, officials said. Mr Quayle also pressed for Japan to buy more US cars and parts, and
      AP  -  407 words
    • Article, Illustration
      Lock icon Kuwaiti business back on its feet as oil wells burn on
      386 10 Reuter KUWAIT Kuwait's oil wealth is still going up in smoke but the local economy is getting back in business. Economists say it may be months before Kuwait pumps crude instead of fire and smoke from oil wells set
      Reuter  -  386 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      107 8 Lotus Goes Beyond The Limits. The Launch... On May 29 And 30. Fast prim preview What-You-See-ls-What-You-Get ("WYSIWYG") display for insiani on-screen formatting mm Mix text, graphs and data on a single page _g_ Drawing tools for enhancing your graphs and clip art Built-in mouse support ■H ■HI shading effects. Bitstream®
      107 words
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      Page 9 Advertisements Column 1
      49 9 How do you get to be I King of the Castle I for the rest of your days? How do you spend more in a day at Harrods than most people earn in a month? How do you fly to London a mister and I come back a Lord?
      49 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      273 10 V NOW AT Clifford Centre OPENING SALE MAY 22 JUNE 8 With over 500 branches around the world, Paris Miki certainly makes the difference in professional eye care. And now there is another Paris Miki outlet to serve you even better. Come in to our new branch at Clifford Centre
      273 words
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      290 11 You start by booking a British Airways flight to or from Or you could win full rights to the Lordship of Gratwick, London this summer* S England, which means you'd enjoy the title of Lord (or indeed When you do, we'll present you with your 'Key To Britain' Lady) from
      290 words
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  • Article
    Economy needs fresh debate
    512 12 EDITORIAL THE REBOUND was quick and sharp. In a quarter, business sentiment swung from gloom to glee, the mood from caution to confidence. The bullishness is no show of bravado, as dramatic upswings in residential property prices and vehicle quota premiums attest. And official figures released
    512 words
  • WHAT THE OTHERS SAY
    • Article
      Unholy politics
      201 12 TUCKED AWAY in an Indian government publication distributed ahead of the country's 10th general election, which began yesterday, are two revealing sentences. "Every election is a turning point in a democratic nation's history," the book says. "The coming election is invested with even a greater degree of significance,
      201 words
    • Article
      Upbeat, but be realistic
      150 12 IT MAY BE good news for Singapore, as far as economic prospects are concerned. The revised forecast for Singapore's economic growth this year from 3 to 6 per cent to 6 to 8 per cent clearly reflects MTl's confidence in our ability to record strong growth
      150 words
    • Article
      Maintaining stable growth
      154 12 OUR ECONOMY has achieved an unexpected growth rate of 7.5 per cent in the first quarter. However, closer scrutiny shows there are problems which need to be examined. Apart from the manufacturing sector, which has maintained significant growth, productivity of business services and construction sectors has both
      154 words
  • REGIONAL VIEWPOINTS
    • Article
      Leading without dominating
      220 12 TOKYO acknowledges nowadays that for too long it has been clinging to the apron strings of the US. Since the Second World War, Japan has been dependent on the US for a security umbrella and also for a crutch in rising anew in the economic field. The
      220 words
    • Article
      Fish by the rules
      151 12 PREMIER ANAND will tour Asean capitals beginning next week. He should raise the plight of Thai fishermen in his discussions with all the other Asean leaders and find out if something can be worked out, especially with Malaysia, for mutual benefit, allowing the exploitation of marine
      151 words
    • Article
      Serve the public interest
      152 12 IN ANY civilised society where the basic rights of the individual are recognised and respected, a criminal suspect is regarded as innocent until proven guilty. But in this country, where a sizeable number of policemen appear to have the penchant of asserting their authority like a
      152 words
  • Article, Illustration
    Investing in China — tread with care, think long term
    1031 12  - Investing in China tread with care, think long term T ilian Ang, who covered BG Lee's recent visit to China, sums up the delegation's impressions and plans for future cooperation Lilian Ang IT IS an irony of sorts. Deputy Prime Minister Lee Hsien Loong's recent visit to China has helped
    1,031 words
  • Page 12 Advertisements
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      136 12 SOME OFOUR BEST DISHES I AREITTONTHEMENU. Our new Chef is a real master in the New Wave Cantonese cooking now the rage in Hong Kong. And being creative at heart he can originate dishes on-the-spot based on his experience and talent of how each ingredient can blend with others to
      136 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      29 12 DOONESBURY BY GARRY TRUDEAU i—. u, ill JUST GREAT' CJH. iOUJUST HI. VMCMUN6 MKSCVH/M, THE PRETTY FORGET 7ft BOOPSJb 1 i I Kf CHECK IH MKE.KMENT (iJ mT IT
      29 words
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  • ANALYSIS
    • Article, Illustration
      That super, mega deal
      2250 13  -  GIC and Temasek have been seen on the open prowl lately. Alvin Tay looks at the excitement generated by their Brierley/Mount Charlotte deal, while Margaret Thomas profiles the GIC, which celebrates its 10th anniversary today Margaret Thomas Ten years ago when the Singapore government decided to
      2,250 words
    • Article
      GIC makes its mark softly and shrewdly
      1673 13 MR LEE Kuan Yew let the cat out of the bag last August in his final National Day Rally as Prime Minister. Speaking about the good growth prospects of Malaysia, Indonesia, and Thailand, he said: "The GIC, Government of Singapore Investment Corporation, already
      1,673 words
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  • THE LAW PAGE
    • Article, Illustration
      Big firms say no to foreign lawyers
      888 14  -  David Gabriel continues last fortnight's debate on the entry of foreign law firms David Gabriel Lawyers from the big law firms take a different view as to whether the Singapore market should be freely opened up to foreign firms. Basically they feel that
      888 words
    • Article
      Law Society in breach of rule of natural justice
      460 14 The law society Council imposed a penalty on lawyer John Abraham after receiving a report from the Inquiry Committee. Lawyer Abraham wished to exercise his right to be heard, but when he requested a copy of the Inquiry Committee report, the
      460 words
    • Article
      All steps taken to determine full value of estate
      613 14 CASE CHING KWONG YEW and ALAN CHING v THE ATTORNEY-GENERAL High Court of the Republic of Singapore, Originating Summons No. 1240 of 1988 Justice Chao Hick Tin THE ISSUE was between the executors of the estate of one Mr Ching Kwong
      613 words
  • Page 14 Advertisements
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      51 14 Mr W1,,,e Low r TP! gf s» Equipment Systems. Engineer vSyp P| FOR PROFESSIONAL AIR CONDITIONING DESIGN AND SERVICE, YOU CAN DEPEND ON TEAM TRANE. <P9 Mr Phuar Boon Hock fW Equipment Systems, Manager V m m. i > AA Till-: BEST VALUE. yy, CALL: 747 8622 FOR ENQUIRIES. FAX:
      51 words
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      Page 14 Advertisements Column 2
      125 14 Throughout history, leaders have become legends by taking risks. The risk of the unknown, the unexplored, the uncharted. The challenge of trying something new. fn the financial world, savvy risk managers know new Ideas are not a rtsk, but a necessity And that the biggest risk of all is a
      125 words
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  • SPORTS
    • Article, Illustration
      Lock icon Graf clinches Lufthansa Open championship
      344 15 AP BERLIN Stem Graf of Germany won her fifth Lufthansa Open championship on Monday, defeating Arantxa Sanchez Vicario of Spain 6-3, 4-6, 7-6 (8-6). The first-seeded Graf got off to a quick start in the first set, breaking Sanchez Vicario in the fourth game to
      AP  -  344 words
    • Article, Illustration
      Lock icon Injuries plague men's game, with public the loser
      390 15 AP ROME When Boris Becker complained about his aching back, organisers and fans at the Italian Open cringed from the pain. Becker's last-minute withdrawal before he stepped on the court cost the Open its top seed. But he wasn't the only drawing
      AP  -  390 words
    • Article
      Lock icon An unusual experience for Kenny Perry
      389 15 AP DUBLIN, Ohio The old pro blinked first. This time it was Hale Irwin. Some words came back to haunt the three-time US Open champion when he chopped up the first extra hole and blew a playoff to steady, poised Kenny Perry in the
      AP  -  389 words
    • SIDE LINES
      • Article
        Plenty of time for Gazza to sit and ponder
        103 15 LONDON England midfielder Paul Gascoigne will have plenty of time to ponder the self-inflicted knee injury which has probably wrecked his world record transfer to Italian club Lazio and put his whole career in jeopardy. Gascoigne faces months out of the
        103 words
      • Article
        Gomez out of French Open
        76 15 PARIS Andres Gomez of Ecuador will not be defending his French Open men's singles title when the tournament starts here next Monday. Gomez, 31, has still not recovered from the thigh strain which forced him out of the Italian Open last week. The left-handed clay
        76 words
      • Article
        Let's hear the presentations
        65 15 LOS ANGELES The Worid Cup USA 1994 Organising Committee is hearing presentations from 24 cities who wish to host soccer games when the World Cup comes to the US for the first time. "There will be no decisions of any kind this week," Jim Trecker, the
        65 words
      • Article
        LeMond's shaping up fine
        111 15 WILMINGTON, Delaware Greg LeMond says he is in great shape for the upcoming Giro d'ltalia and looking forward to his quest for a fourth Tour de France title this summer. LeMond finished 12th overall in the Tour Du Pont cycling race but showed signs that he
        111 words
  • Page 15 Advertisements
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      503 15 k m I I V A T M f i A I fl m 1 H M v M V mm 0| SUNDAY JUNE 16 7:30 AM. j I National Stadium West Entrance I I Send your entry to: ,gg The New Paper Big Walk '91 mmttk. m IM /An
      503 words
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      168 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner:6.3op.m. to 10.30 p.m. A MKMBKR OK C 1)1. HOTKI.S mini .sin«..wi« Havclockßoad,Singapore 05.16.Te1:*****11 Taste the sweet
      168 words
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      Page 16 Advertisements Column 2
      297 16 THE ITALIAN MAESTRO RETURNS 10th May 23rd May Pete's Place is once again delighted to welcome Chef Vincent Pecoraro. Inspired by the success of previous visits, the Famous Italian Chef from Donatello's Restaurant in Waikoloa. Hawaii will concoct new. tantalising temptations. For the two week crusade. Chef Pecoraro's favourites and
      297 words
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      Page 16 Advertisements Column 3
      264 16 More fun, more action than ever! The newly-renovated Subway is now bigger better and drinks cheaper. Get into the heat of the night with our band Hard Attack at Subway! Happy Hours: Free pint for every quart bottle Weekends $15 nett (ladies). Q Plaza Hotel SBVW $13 nett for 2
      264 words
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      Page 16 Advertisements Column 4
      321 16 H VIVA ESPANA rM i|3lsS V. jf V Jf C MKB The Belvedere brings you the savoury taste of I sunny Spain. With over 60 traditional jgPH favourites, you'll say "Ole" to the most extravagant buffer in town! I \XV serve the world to you at The Belvedere. I ill
      321 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      702 16 TELEVISION AND RADIO A SBCI2 11.05 ThMOtart Shew (Stereo). NrtwoS'i con t' d) BUSINESS ON RADIO A O A VI T .lv H-55 Scream Feature about a 7.30 The Real Ghostbusters (Car111 II" I S\ II l|| 11 I 7.00 AM CNN International (L). group of holiday-makers who ttx>n). BBC,
      702 words
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  • LIFESTYLE
    • Article
      Lock icon Statements that make no cents
      698 17  -  Writers may be experts in the language they write in, but the language of their royalty statements could be Greek for all that most authors understand of them, says Roger Cohen Roger Cohen NYT IMAGINE a bank statement gone haywire, awash in mysterious figures and
      NYT  -  698 words
    • Article, Illustration
      Lock icon If you want sex, don't smoke
      346 17 New research points to a link between heavy smoking and impotence NYT A BOSTON study indicates that cigarette smoking may be a cause of impotence. Once thought to be pyschosomatic in nature, impotence is now usually attributed by scientists to blockage of the penile
      NYT  -  346 words
    • Article, Illustration
      US movie wins Golden Palm award again
      294 17 iHAttKO^ FOR the third consecutive year, the Cannes international film festival's Golden Palm was won by an American movie on Monday. Barton Fink is the work of Joel and Ethan Coen, two brothers whose weird and powerful visions have earned them both admirers
      294 words
    • Article
      Theatre that lets cast and audience get into the act
      398 17  -  Jennifer Lien on something new happening at the Black Box Jennifer Lien Rollicking good, clean fun will be the order of the day at Theatre Works' newest happening, Theatre Games. A novel idea in Singapore, it aims to give the
      398 words
  • Page 17 Advertisements
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      190 17 AND ENTEBTAIN Kjjft ENTERTAINMENT Happy Hour Non Stop Fun a 50% discount from fttSttK&r SUNDAY TO THURSDAY NO COVER CHARGE I biiiminiii'iiSiD nisl im "J J k BCysßk ana hotel SINCAPORE STEAK CORNER SPECIALITIES Sink your fork into a tender juicy steak or choose a combination of succulent meats. Priced
      190 words
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      Page 17 Advertisements Column 2
      37 17 ITS RACEY NEW FUN AT THE CARRIAGE BAR SO STEP ON IT! J (^Jge^y The All-New Good Old Carriage Bar Yq J"|Q \0 J 21 Mount .li/aheth. Singapore 0922 Tel: 737 0511 Member of the Goodwood Group
      37 words
  • Page 17 Miscellaneous
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Prices retreat on broad front in quiet trading
      4547 18  -  By Lilian Ang DESPITE a slight rally in early trading, share prices closed broadly lower yesterday as profit-taking emerged in a generally quiet market. Much of the attention was focused on blue chips, with institutions slowly picking up index-linked stocks. SIA Foreign,
      4,547 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3960 19 Main Board PM Hltlgs 298 +28 +10.4% NatSteel 1010 +15 +1.5% NatSteel Wt 350 >12 +3.6% OUB 545 +10 +1.9% Keppel C Wrts 494 +6 +1.2% S Aerospace F 340 +6 +1.8% SPH 885 +5 +0.6% OCBC 880 +5 +-0.6% Keppel Corpn 765 +5 +0.7%
    3,960 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      381 20 Company Date Year Group Not Not earnings Grots ann to profit/loss (L) per share dividend (000) (coots) Inno-Pacific May 20 Dec 90 $9.1871 ($3.1431) 1(15) SPC May 20 Dec 90 $46 698(118.122) 14 6(6 2) 8(7 3) YHS May 16 Oec 90 SI 924($7 636) 2.4(9.5) 8(11) Esso
      381 words
    • Article
      PRELIMINARY RESULTS
      202 20 Company Date Year Group pre-tax Met earnings Grose ann to profit/loss (L) per share dividend ('000) (cents) SIA May 20 Mar 91 S1160,800(J1436,400) 143 2(188 4 40(35) Rothmans Msia May 16 Mar 91 MJ303,607($177,293n) 65.1(37.1) 85(55) JC-MPH May 15 Mar 91 J16,481(J19,615) 7 4(8.5) Up(5) Chem ind May
      202 words
    • Article
      INTERIM RESULTS
      181 20 Comoanv Date HaW-yaar Group pra-tax Intorim ana to proflt/loM (L) dhrtdond (•000) C4C May 17 Mar 91 $49,453($46.270) 5(4) Goodwood Park May 17 Mar 91 $14,753(115,208) 35(15) H Msia Ma, 17 Mar 91 $313($1,725) 5(5) NST Apr 30 Feb 91 M$43,849(537,114) 10(10) Sph Apr 26 Feb 91 $110.396($84.977)
      181 words
    • Article
      CORPORATE DEVELOPMENTS
      413 20 Singapore Airfines and Japan Airlines acquire 10% each of the paid-up capital of Singapore Aviation Services Co Pte Ltd. a wholly-owned subsidiary of Singapore Aerospace. Goodman Fielder Wattie has approached its 63% owned subsidiary Cold Storage Holdings to buy over the latters bakery interest. Sports Toto Malaysia Bhd
      413 words
    • Article
      DIVIDENDS ANNOUNCED
      1487 20 Current Ex Books Data Total far Total far paymoat data doso pay aWo tt»a yoar last yoar Acini 5*TE Jun 5 Jun 17 Jul 1 10%TE Aml Steel 50c 10*(S) May 16 May 31 lun 7 10% 12.6% Bomteid 50c 5%(l) Apr 25 May 10 Jun 7 5%
      1,487 words
    • Article
      RESULTS DUE
      693 20 Main Board Last Fid Ysar Company Parted Data Tea Net EPS Gross Net arainced nki| (ants) <fv pro* test yea (TOO) Cereboe mtenm Apr 27 M 91 126 200TE(i) 3S.911 Sport Laid Interim May 4 Dec 91 12.6 100 44.641(f) Van da Horst Interim May 21 Sep 91
      693 words
    • Article
      APPROVED ISSUES
      251 20 Company Rights Issue D6S One-torten g $9 60 (local) or $10.50 (forogn) per stare Ei-date May 23 Books dose: Jun 5 Acceptance Payment NVA Duriop Est Restncted issue of S88 514m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CULS) 1991/1996 issued on the basis of SI
      251 words
    • Article
      BONDS, LOANS & WARRANTS
      741 20 BONDS, LOANS WARRANTS "i ir i Cwwrtw ntM CwwtiIm 1mm ttr mm m+mry rtwr» C4C Wt Before 26/4/93 1 warrant pto $3.09 cash Caaaaway l—i CtuMway Wt 2/10/89 to 20/10/94 1 warrant pits $077 cash Of 1 warnnt plus $0 77 nominal amount of loan stock Chan Mf Nates Chan
      741 words
    • Article
      Warrants: premiums and gearing
      936 20 {Prices (as at 21.05.91] Conversion terms Premium/ Expky (discount) Amount Optional" using issued Company (mil Wrts Share Loan Con* Exer Lnstk Cash Cash Loan Gearing Date Mths units) stock ratio price nom 1 Stic Wt value s > s s 1 C&C Wt 37 5 2
      936 words
    • Article
      PROPOSED ISSUES
      536 20 Company Rights Issue Meant One-tor-two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shires (CUPS) of MSO10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Baft an One for four (q, MS2
      536 words
    • Article
      COMPANY MEETINGS
      275 20 Nat Steel Ltd: 31st AGM EGM at the Meeting Room, 6 Shenton Way #46-01, DBS Building, Singapore 0106 on Wednesday, May 22. at 2.30pm. Lim Kah Ngam Ltd: 28th AGM at Hotel Equatorial, 2nd Floor, Bougainvillia Room, 429 Bukit Timah Road, Singapore 1025 on Wednesday, May 22, at
      275 words
  • Page 20 Advertisements
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      56 20 The PAPERWORK JUNGLE how to get out of it Streamlining paperwork is critical for office productivity and efficiency. This book shows you how to cut through the jungle of paperwork that engulfs every office, whether business or government. $8.90 i paperwork JUNGLE i i how to J get out Available
      56 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market edges higher on selective investor interest
      4121 21 Bernama SHARE PRICES in Kuala Lumpur closed slightly steadier yesterday on some investor interest in quality stocks in an otherwise listless market. The K.LSE Composite Index closed 0.75 of a point up at 584.20, while the Industrial Index fell 3.52 points to 1,122.19.
      Bernama  -  4,121 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      85 21 I HUME I I SBMJES I K??K* |§p§ I 1 r** ''v fV j. f HHH| I<r rH I That's what you get when you advenise your IX bungalow or semi-detached house in The Straits j Times Classified "PRIME PROPERTY" I special feature on Ist June 1991. ®M I To
      85 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks recoup early losses to close slightly down
      2140 22 Reuter TOKYO STOCKS recovered from morning lows to close marginally easier yesterday. Light arbitrage unwinding and small-lot sales pressured prices all day, but bargain-hunting and some index-linked buying by investment trusts pushed the market back up. "There was no particular piece of
      Reuter  -  2,140 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Concern over airport talks sparks sharp fall in prices
      1974 22 AFP HONGKONG share prices dropped sharply on profit-taking following Monday's record high, with the Hang Seng Index losing 87.21 points or 2.2 per cent to finish at 3,829.88 yesterday. Turnover also fell to HK$l.42 billion, from Monday's HKSI.BB billion. Following seven
      AFP  -  1,974 words
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  • REGIONAL STOCK MARKETS
    • Manila stocks close at 17-month high
      • Article
        AUSTRALIA
        970 23 AUSTRALIAN shares yesterday closed higher in thin volume amid scattered support from local investors. Brokers said the market continued to consolidate in response to last week's surge and is digesting recent heavy share deals. "There is widespread support for the market, but today was a combination of small buying
        970 words
      • Article
        BANGKOK
        780 23 IN BANGKOK, finance shares fell yesterday, pushing the index down nearly to the 800-point support level. The SET Index eased 8.95 points to 804.83 on thin turnover of 2.74 billion baht. "The index may fall below 800 (today) if the Wall Street and Tokyo markets are not bullish," said
        780 words
      • Article
        JAKARTA
        641 23 TRADING on the Jakarta stock market was fairly active yesterday, with more buying orders for textile and feed stuff shares. Prices closed mixed, with the official index rising slightly to 406.45 from Monday's 406.01. Brokers said reports on last year's better results pushed feed stuff producers Japfa and CP
        641 words
      • Article
        MANILA
        531 23 PHILIPPINE shares yesterday shot past their immediate barriers to hit 17month highs and break out of a month of consolidation. The Manila Stock Exchange Composite Index closed at 1,162.21 points, rising 17.35 from Monday to touch its highest level since December 12, 1989. The Office of Energy Affairs reported
        531 words
      • Article
        NEW ZEALAND
        147 23 IN WELLINGTON, the share market closed firmer but off its highs yesterday after Goodman Fielder Wattie retreated in the afternoon on news that Fosters Brewing is placing 104 million GFW shares with institutions. Most other leaders finished higher and brokers said the market seemed poised for further gains
        147 words
      • Article
        TAIPEI
        523 23 THE TAIPEI stock index closed slightly higher yesterday after moving in a narrow range throughout the day. Many investors were sidelined on a lack of major news, dealers said. The Weighted Index gained 32.14 points to close at 6,142.21 compared with Monday's 6,110.07 finish. TTurnover was a moderate NT560.96
        523 words
      • Article
        Untitled
        1279 23 Clone Previous May 21 SYDNEY All Ordinaries Index 1,536.9 1,531.2 5.7 All Industrials Index 2,403.1 2,396.4 +6.7 All Resources Index 877.0 872.4 +4.6 Turnover (million) 109.55 112.31 -2.76 BANGKOK SET Index 804 83 813.78 -8 95 Turnover (million haht) 2.740 3,320 -580 JAKARTA Composite Index 406.45 406.01 +-0.44 MANILA Composite
        1,279 words
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  • WORLD STOCK MARKETS
    • US Treasury bond auction sidelines investors
      • Article
        Untitled
        274 24 May 20 Close Previous NEW YORK Dow Jones 2,892.22 2,886.63 +5.59 NYSE Financial 148.43 148.34 0.09 SAP 500 372.28 372.39 -Oil Turnover (million) 109.5 174.2 -64.7 LONDON Financial Times 30 1,927.3 1,926.2 +1.1 FTSE 100 2,466.6 2,453.9 +12.7 Turnover (million) 322.6 492.6 -170 AMSTERDAM CBS Tendency Index Closed 92.7 FRANKFURT
        274 words
      • Article, Illustration
        NEW YORK
        1320 24 WALL STREET barely went through the motions on Monday as stock trading dropped to its slowest level of the year. With most investors waiting to see how the Treasury's U5556.7 billion auction of short-term securities comes out this week, the Dow Jones Industrial Average of 30 blue chips
        1,320 words
      • Article
        FRANKFURT
        203 24 GERMAN shares opened slightly firmer yesterday and drifted higher in thin trade on short-covering and a smattering of domestic buying. The 30-share DAX Index rose 8.17 points to 1,607.04 by 0855 GMT. "The market had dried out in recent days and there are some small domestic buyers here who
        203 words
      • Article, Illustration
        LONDON
        760 24 LONDON shares opened mostly higher yesterday, supported by news that British Airways maintained its final dividend. A modest gain on Wall Street also helped sentiment but trading was a repeat of Monday's light activity. By 0753 GMT the Footsie-100 Index was 7.8 up at 2,474.4 on a turnover of
        760 words
      • Article
        AMSTERDAM
        268 24 DUTCH shares yesterday started firmer with Royal Dutch's 4.40 guilder jump to 157.20, outperforming the market on the back of the stock's rise on Wall Street on Monday when the Dutch market was closed for a holiday. The rise in the dollar to around 1.95 guilders from 1.9192 on
        268 words
      • Article
        PARIS
        281 24 FRENCH share prices opened modestly lower yesterday as the market began to sell off ahead of the last day of the monthly trading account tomorrow. Traders mentioned continued uncertainty about the new government of Prime Minister Edith Cresson as restraining the market but said this was not the main
        281 words
      • Article
        ZURICH
        305 24 SWISS shares yesterday opened slightly higher in quiet trading as no new factors were seen influencing the market after the long Whitsun weekend. The SMI Index of leading shares rose 3.3 points to 1,662.8 after about five minutes of trading. Dealers said higher share prices on the Frankfurt bourse
        305 words
      • Article
        STOCKHOLM
        250 24 SWEDISH shares soared 3.66 per cent in early trade yesterday after the announcement on Friday that Sweden would link the crown to the European Currency Unit with immediate effect. The index consisting of the most traded shares on the Stockholm bourse had risen 3.66 per cent on average to
        250 words
      • Article
        JOHANNESBURG
        338 24 IN JOHANNESBURG, the stock market looked set for another subdued day's trading yesterday as wary investors continued to search for clear incentives, dealers said. Interest remained light in early trading and share prices, with the exception of golds, were generally little changed where traded, they said. At 10.00 am,
        338 words
      • Article
        MILAN
        165 24 ITALIAN shares fell at the opening yesterday, with worries that carmaker Fiat would report a lower dividend helping to depress the market as a whole. Fiat ordinary shares was fixed 2.4 per cent lower at 5,465 lire, but moved up five in kerb trading. The company reports its full-year
        165 words
      • Article
        BRUSSELS
        140 24 BELGIAN shares were mixed in a directionless early market yesterday. Uncertainty over the economic trend especially in the US kept operators sidelined. "Institutions are staying away from the market," said a dealer. At 0830 GMT the BEL2O Index was down 0.02 per cent at 1771.61 while market volume's worth
        140 words
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      40 24 For further information on which newsstands carry Singapore Business, Her World. Go, Home Decor, Young Parents, please calf our Customer Services Section on 740-1839 or 740-1840. Read Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends lower as dealers remain shaky over Swedish move
      1217 25 REPORTS ASIA Tokyo: The US dollar closed weaker in thin trade yesterday. Activity was limited to position adjustments by interbank players, with most customers opting to sit out, dealers said. Dealers here could not trade aggressively because they were
      1,217 words
    • Article
      INTERBANK FOREX RATES
      391 25 Cross rates May 21 USS SS MS Dm Yen SFr AS NZS USS 1.7670 2.7585 1.7290 138.20 0.5821 1.4*05 I 2">88 ***** SS 0.5659 1.5611 ***** 0.7821 0.3294 0.8265 0.7237 0 9608 MS 0.3625 64.06 0.6268 0.5010 0.2110 0.5295 0.4636 0.6155 Dm 0.5784 1.0220 1.5954 79.93 0.3367
      391 words
    • Article
      MONEY MARKET
      557 25 Interbank rates SS 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 mode: 5 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 15/16
      557 words
    • Article
      Lock icon Japan's major investors avoid currency market
      364 25 Reuter TOKYO Japan's big investors, strapped for cash and easing away from foreign bonds, are shunning the Tokyo currency market, causing volume to shrink and possibly dampening trade in the months ahead, foreign exchange dealers say in Tokyo. Tokyo, the third largest currency market
      Reuter  -  364 words
    • Article
      Lock icon Mark seen as new focus in Swedish arbitrage
      240 25 Reuter NEW York Sweden's decision to link its currency to the European currency unit remains a factor in the foreign exchange market but the focus now will likely shift from covering dollar short positions to selling the mark as a hedge. That
      Reuter  -  240 words
    • Article
      FINANCIAL FUTURES
      1145 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.89 93.91 93.89 93.91 2510 ***** 637 Sep 91 93.66 93.68 93.65 93.68 4149 ***** 2578 Dec 91 93.19 93.22 93.19 93.20 923 ***** 426 Mar 92 92.98 93.00 92.96 92.99 670 6731 302 Jun 92
      1,145 words
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  • COMMODITIES
    • Article
      Lock icon Copper market hit by over-supply as demand weakens
      348 26 AP LONDON Weakening demand for copper in the face of steady production levels is lifting surplus world stocks and putting prices under pressure, a leading metals trading company said on Monday. Total stocks of refined copper were now equivalent to six weeks'
      AP  -  348 words
    • Article, Illustration
      Lock icon Opec experts agree on need for dialogue with consumers
      240 26 Reuter NICOSIA A group of Opec experts have agreed that there is a need for a dialogue between oil producing and consumer countries as a means of promoting market stability, the Middle East Economic Survey (Mees) reported. It also said France
      Reuter  -  240 words
    • Article
      Malaysian crude palm oil market recovers
      843 26 REPORTS MALAYSIAN crude palm oil prices yesterday rebounded from recent losses to close higher on light covering interest aided by gains on the futures market and news that Pakistan would tender today for last half June shipment of RBD palm oil, dealers said. But
      843 words
  • Article
    PRICES
    1407 26 Rubber May 21 MS («■>>» totw) Scents/kg Noon Close Int 1 RSS Prompt 144.00/145 OON I43.75/I44.75N Int 1 RSS June 91 146 00/146 50 145.75/146.25 Int I RSS July 147 50/148.00 147.2V147.75 Int 2 RSS OP I42.00/I44.00N 142.00/144 OON Int 3 RSS OP 137.50/139.50N 137 50/139 50N Int 4
    1,407 words
  • Page 26 Advertisements
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      767 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 PAX: 734-49»2 BANK^BNI BANK NEGARA INDONESIA 1946 U5550,000,000 Floating Rate Notes due 1994 issued through its Cayman Islands Branch In accordance with the provision of the Notes, notice is hereby given that for the interest period from 22 May 1991 to 22 November 1991, the Note
      767 words
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      Page 26 Advertisements Column 2
      344 26 IN THE MATTES OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF KEESHAW SINGAPORE PRIVATE LIMITED (In Member's Voluntary Liquidation) Special Resolutions At an Extraordinary General Meeting of the members Of KEESHAW SINGAPORE PRIVATE LIMITED duly convened and held at 11 Dhoby Ghaut, #09-08, Cathay Building, Singapore 0922
      344 words
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      Page 26 Advertisements Column 3
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1109 27 City Flight ETA n*t ETD GA895 1235 AdataMa QF81 2000 QF82 2200 SQ227 2245 Amsterdam GA895 1235 KL832 2120 KL831 1410 SQ24 2200 Atimas SQ35 1710 Aaddaad NZ21 1820 IS1222 1930 SQ388 2030 Baadar Stri BI421 1105 SQ182 0915 hpw SQ181 1410 BI422 1205 Bt429 2030
    1,109 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Luring back foreign capital
      475 27  -  LETTER FROM HAVANA By Bertrand Rosenthal WITH disco music and strobe lights bouncing off marble walls, and sea waves lapping its low windows, the Havana Club, the first foreign-fi-nanced nightclub since the pre-revolution days of the 1950'5, made its grand opening in Havana last Friday. Brainchild
      475 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm ytfttrdtyi Load dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.362 1.382 Canadian dollar 1.325 1.343 NZ dollar 1.030 1.063 Sterling pound 3.033 3.033 US dollar 1.7630 1.7730 Local dollars to 100 units of foreign current) Austrian schilling 100 13.30
      152 words
    • TRAVEL SLICES
      • Article
        Hands-on education centre at the Great Barrier Reef
        98 27 THE NEW Reef appreciation centre on Australia's Lady Elliot Island aims to meet the needs of its visitors by providing activities tailored to different groups such as holidaying families, conference delegates and educational groups. Designed with a lecture theatre, laboratory areas which
        98 words
      • Article
        Macau's new China visa office
        54 27 A NEW China visa office will be set up in Macau as soon as the Portuguese Parliament passes the necessary approvals. The office, an independent organisation directly responsible to the Foreign Ministry in Beijing, would issue entry documents and visitor visas for both Macau residents
        54 words
      • Article
        Festival time for the outback
        94 27 QUEENSLAND'S outback is all geared up for its festival and showtime. These include highlights such as the Cloncurry Stockman's Challenge (June 14, 15 and 16) at the annual Cloncurry Show, the Ilfracombe Centenary celebrations and the biennial Outback Festival at Wilton. The centenary celebrations and
        94 words
      • Article
        Mount Rushmore celebrates
        62 27 THE GOLDEN anniversary of Mount Rushmore National Memorial in South Dakota, US, is being celebrated by presidential impersonators and band concerts in the memorial's amphitheatre from Memorial Day to Labour Day. A formal dedication is planned on July 4. More information on the celebrations is available from
        62 words
      • Article
        Gold Coast Indy Grand Prix
        67 27 NEGOTIATIONS between Gold Coast Visitors and Convention Bureau and many international tourism organisations and airlines are well under way to package and promote next year's Gold Coast Indy Car Grand Prix. This is to take advantage of the region's many recreational and tourism facilities by
        67 words
    • Article
      WORLD TRADE EXHIBITIONS
      125 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td May 21-25 Medicine Zagreb, Zagrebacki (38)*****666 July 2-6 International Buenos Aires CAMIDA-Industr- *****1820 Technology Yugoslavia Velesajam Exhibition of ial Chamber of International Sport ware A Sport ware A Exhibition of Accessories Accessories Medical. 14.21 Exhibition On Buenos
      125 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      43 27 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77 g/=7/V/V/7/ff We know Europe from start to Finnish.
      43 words
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      Page 27 Advertisements Column 2
      88 27 M M 1 EJVK. V I f Scalpel...scissors.„sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. (hrough Times ssacKsrra. potential and anticipates
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  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      281 27 1 Accidental accommodation for two families 6 Non-clerical member of j j RAF unit accommodated 9 Fly over 150 on the next 10 Russian fighter captures IB north China (4) 13 Grave ter turning over reserve (7) ——HH—BH—^^ 15 Horse tender from the sta- ill! I 16 Married, not same
      281 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      209 27 Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 31.2 Assoc humidity 71% Minimum temperature 23.6* C Assoc humidity 94% Hours of sunshine 6.95 Rainfall in mm Nil Rainfall this month 226.7 Rainy days this month 15 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/12 Showers Bangkok 37/26
      209 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      26 27 I'LL UifciT£TH£ONßuTUOfciS€D CAT yaUR OUT KlTfy KeUJEV... "7rZ cocri .u R r 6iOGRPF«Y OF teiWPllD epCN cutsreA kjzz. y, outf Baovto iii At STANOARO CO. LTD.,MMM
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  • Article
    S'pore economy may overheat without policy changes: report
    621 28  -  By Kenneth James THE Singapore economy is in danger of overheating to the point where policy directions may have to change, a new report focusing on infrastructure in six South-east Asian economies indicates. The latest quarterly economic review by Crosby Securities says
    621 words
  • Article
    Firms advised to wait before going into Vietnam
    367 28  -  By David Chew FOREIGN firms with plans to invest in Vietnam, or explore business opportunities there, should bide their time until the unfavourable political situation improves, reports Vietnam Risk 1991, a publication of the Hongkongbased Political Economic Risk Consultancy Ltd. However, this
    367 words
  • Article
    Lock icon Matsushita group profit up 10pc
    172 28 AFP TOKYO Japanese electronics giant Matsushita Electric Industrial Co Ltd said yesterday that its group net profit rose 10 per cent from a year earlier to 259 billion yen (about SS3.I billion) in the year to March. The world's biggest consumer electronics concern, known mainly
    AFP  -  172 words
  • Article
    Indon govt in the market for US$400m loans
    460 28  -  By Diana Oon REGIONAL bankers, who have lent more than US$l.5 billion to Indonesian banks and companies in the past year, appear to be gearing up to lend to the Indonesian government, which is said to be in the market for US$4OO
    460 words
  • Article
    Lock icon Gulf War and recession pull BA's profit down 62pc
    286 28 AFP LONDON British Airways said its taxable profit fell 62 per cent in the year to March, largely as a result of the Gulf War and economic recession. Taxable profit for Britain's largest airline was down to £130 million (SS39O million)
    AFP  -  286 words
  • Page 28 Advertisements
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      148 28 M rs/HZZIF^EEESdl —It The Richness Of Leather Handmade To Perfection. 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
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      Page 28 Advertisements Column 2
      177 28 M IN/lIZDF^^E^EL^I —II The Richness Of Leather Handmade To Perfection M AT SHERATON UTAMA, OUR SERVICE COMES WITH THE WIDEST SMILES. oL t i i IWPI JDH| < VJ JVV I if ,1. T A s Mjl i v I/ ml .M ■MM WUm* mI w At Sheraton Utama, our
      177 words
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  • Shipping Times
    • Article
      Cosco to set up electronic data interchange system
      364 29  -  By Selva Kumar IN A MOVE to modernise its services, the China Ocean Shipping Company (Cosco) has entered into a contract with a US-based company to set up its own data communication network. Called the Shipping Document Exchange System, it will cover
      364 words
    • Article
      Lock icon Japanese government trying to attract more sailors
      496 29 Need to make industry more appealing Asahi TOKYO The Japanese government, afraid that there will soon be no Japanese sailors to man the country's ships, is advising shipping companies on ways to make the industry more appealing to young people. The government suggested
      Asahi  -  496 words
    • Article, Illustration
      Lock icon Fiat sees need to limit Japanese share
      142 29 AFP CERNOBBIO, Italy European auto builders support strict limits on Japanese penetration of the European automobile market proposed by new French Prime Minister Edith Cresson, Fiat chairman Giovanni Agnelli said on Monday. "Japanese manufacturers are dangerous," Mr Agnelli declared. Mrs Cresson's hostility towards
      AFP  -  142 words
    • Article
      Lock icon New NTT service to intercept unwanted phone calls
      278 29 Asahi TOKYO Japanese residents pestered by silent or obscene phone calls will be able to block many of them out when Nippon Telegraph and Telephone Corp (NTT) introduces a new service by March 1992. According to Nil, subscribers to the service will
      Asahi  -  278 words
    • Article
      Lock icon Japan must settle Nissan dispute over British sales: judge
      231 29 Reuter LONDON A legal battle between Japanese car manufacturer Nissan and its British distributor over sales in Britain must be settled through arbitration in Japan, a British judge ruled on Monday. After a five-day private hearing. High Court judge Sir Nicolas
      Reuter  -  231 words
    • Article, Illustration
      NYK to run feeder service to Indian sub-continent
      264 29  -  By Magdalene Phang NIPPON YUSEN Kaisha Line (NYK) is set to run its own feeder service between Singapore and the Indian sub-continent from early July. In response to growing demand for cargo space from the Far East, the Japanese carrier will be
      264 words
    • NEWS SUMMARY
      • Article
        Rushing for a foothold in Singapore
        37 29 EUROPE'S telecommunications giants are rushing to set up bases in Singapore to bid for key projects in neighbouring South-east Asia, so far dominated by their Japanese and US rivals Page 2
        37 words
      • Article
        Soviet air controllers strike averted
        34 29 SOVIET air traffic controllers called off a potentially damaging strike at the last minute on Monday night and another body-blow to the faltering economy was narrowly averted Back Page
        34 words
      • Article
        Credibility crisis for the IMO
        32 29 THE International Maritime Organisation (IMO) is facing a credibility crisis and will have to act urgently to protect its reputation, the organisation's secretary-general warned recently Back Page
        32 words
      • Article
        LTV to sell its glamour assets
        44 29 LTV Corp, which had long insisted it would not sell its oncerenowned aircraft and military electronics operations, said on Monday that it was putting those glamour assets on the block to help meet future pension obligations Back Page
        44 words
      • Article
        Third search for Air India wreckage
        44 29 CANADIAN police on Friday said they have hired a Vancouver company to conduct a third underwater search for wreckage from an Air India jumbo jet they suspect was brought down by a bomb six years ago Back Page
        44 words
    • LOG BOOK
      • Article
        Talks resume on new Hongkong airport
        76 30 BEIJING Talks between Britain and China to settle a dispute over a new airport for Hongkong resumed on Saturday, with optimistic comments by both sides that contrasted with acrimony that surrounded earlier rounds. Beijing has objected to plans for the new port and airport,
        76 words
      • Article
        Profits up at Saudi company
        59 30 MANAMA National Shipping Co of Saudi Arabia said it posted a record 80.328 million riyals (5537.8 million) net profit in 1990, up from 1989's 68.8 million riyals. The Riyadh-based company said in a statement that net assets at the end of 1990 rose to 1.352
        59 words
      • Article
        First TMM exports to Japan
        59 30 TOKYO Toyota Motor Corp said its wholly-owned US unit, Toyota Motor Manufacturing USA Inc (TMM), has begun exporting automobile 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 are the
        59 words
    • Article, Illustration
      Lock icon Rushing for a foothold in S'pore
      488 30  -  European telecommunications giants see Singapore as a natural foothold to the region. Moon Ihlwan reports Moon Ihlwan Reuter EUROPE'S telecommunications giants are rushing to set up bases in Singapore to bid for key projects in neighbouring South-east Asia, so far dominated by their Japanese
      Reuter  -  488 words
    • Article
      DAILY FREIGHTS
      701 30 THE FREIGHT market attracted moderately active business on Monday, brokers said. The continued bullish outlook was reflected in higher rates and a nine point rise in the Baltic Freight Index to 1,669. "People think that the steadiness will run over into the summer months, especially in time-charters," one
      701 words
    • Article
      Lock icon WEEKLY FREIGHTS
      498 30 AFP A STRONG physical market, particularly in the grain sector, continued the recent firm trend in dry cargo markets over the past week in London. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index gained 24 points on the week to finish at 1,660. The grain sector
      AFP  -  498 words
    • Article
      THE SHIPPING GUIDE
      12947 38 This is a list of ships loading at Singapore for ports around the world. It tabulates,.by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum of
      12,947 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        631 45 VcsmI ¥oy No Berth jwW Departs* Vem ygy No Barth /Wv* Keooe4 Wharves 03/91 22 05/1200 22 05/1900 Bays*aterll8 ****** K33 atoi*side 2105/1200 Ton Sern 04/91 M4B 22 05/1500 23.05/0700 6 Enterprise 004 K34 alongside 24 05/2300 Kota Benar E-899 K32 aioogs-de 2305/2300 Wrong Port Koto Berkan
        631 words
      • Article
        CONTAINER SCHEDULE
        1308 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bockine/Baianct Mts Ship Voy No Etb/Btr Period From To From Ace Concord 09£ 23/0400 2 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 Ad Goncharov 28SI91 24/1000 1 21/1500 21/1659 21/1900 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1700 AM
        1,308 words
      • Article
        IN MALAYSIAN PORTS
        250 45 Pmumic Port TZ Beth in Btfterwertti on May 22: 1: Kocaefc I; 2: Samrni Blonde; 3: Malayan Success; 4: n* 5: Aka Bhum; 6: Um Superb Pen*>t Wtat: NB: I* C 8: Bmtang Mekar; SB: HMS uk n. n KkJ n? "L. c Li. dk miw* c
        250 words
    • Article
      Lock icon Last-minute deal averts Soviet air controllers strike
      393 46 Reuter MOSCOW Soviet air traffic controllers called off a potentially damaging strike at the last minute on Monday night and another body-blow to the faltering economy was narrowly averted. Officials of the controllers' trade union said the government had agreed on an interim
      Reuter  -  393 words
    • Article, Illustration
      Lock icon IMO facing a crisis of credibility
      415 46 Lloyd's List LONDON The International Maritime Organisation (IMO) is facing a credibility crisis and will have to act urgently to protect its reputation, the organisation's secre-tary-general warned recently. William O'Neil told delegates at the opening of the extended 59th session of the maritime safety
      Lloyd's List  -  415 words
    • Article
      Lock icon LTV to sell aircraft, military electronics assets
      476 46 NYT DALLAS LTV Corp, which had long insisted it would not sell its oncerenowned aircraft and military electronics operations, said on Monday that it was putting those glamour assets on the block to help meet future pension obligations. The decision to sell the
      NYT  -  476 words
    • Article
      Lock icon Canada plans third underwater search for Air India wreckage
      313 46 Reuter VANCOUVER Canadian police on Friday said they have hired a Vancouver company to conduct a third underwater search for wreckage from an Air India jumbo jet they suspect was brought down by a bomb six years ago. All 329 people
      Reuter  -  313 words
  • Page 29 Advertisements
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      42 29 j^^Sl|lmmersion p Makes The Difference «Det Norske Veritas Classification A/S Meets New IMO Solas 74/83J>tandards j Sole Agent Stockist: SINWA MARINE PTE LTD 118-120 Pasir Panjang Road Singapore 0511 Tel 472 1300 Cable: SINSHIPSUP SINGAPORE Tlx: SINWA RS ***** Fax 475 5809
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      Page 29 Advertisements Column 2
      138 29 I |m UNITED I Uai UASNGISEIVKISfIILn) ipK ffiSl iHH I J Jfe K&y > i" -vsJv m iM < '*fm f 3 i ,V-; I s %> v- f, 7v i <f Iff v.- x aws Jv" 4 V j > >■• •;> V- v -.l V "W %Ss r".-:
      138 words
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      Page 29 Advertisements Column 3
      28 29 Contamer Schedule 17 Daly Fretfits 2 lnde» to Advertisers 3 Shipping Gwde 10,11 Shps in Port 17 Singapore Tries 17 Weather and Sea Conditions 17 Weekly FrojMs 2
      28 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      191 30 There Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. JKv f < gpH --Y# rj i ifi"'-"" »>' J&ry *•>»-«- *.L. \ours. At UPS, we handle over 11 million deliveries every working day, spanning 180 countries and territories, worldwide. We track international deliveries electronically
      191 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2369 31 JAROINE SHIPPING AGENCIES %,V■ IMO Cantonment Road #12-05 Southpoint, Singapore 0208 MlVlf T«t *****11 TELEX NO RS ***** vfnnw terminal,cfs th *****18 -220 IT rl bookings t«< *****34 25s L WHf J PESAKA JAROINE SHIPPING AGENCIES SON BHD ''ORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO
      2,369 words
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      Page 31 Advertisements Column 2
      1216 31 INDEX TOMWKTISERS I'age Col Page Col T Lucky Seaway 15 3 Lykes Lines 5 1 ABC Containerline 12 1 I M I Accord Group 8 1-3 AFS 15 2 M RFrwdg 13 1/2 Ahrcnkiel Liner 16 4 Mac-Nels Agencies 14 1/2 Allied-Link 16 4/5 Macoline 18 3 Anglo Orient 16
      1,216 words
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      Page 31 Advertisements Column 3
      2132 31 ■Qmi TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA 18 DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/LONGBEACH 19 DAYS Vessel Voy ETA I ETD "Port "Penang DESTINATIONS Singapore Keiang r»*» M«rit uu>» 9ioe fmw t>y K2E^H2H!3H]HCI^C^^3B]E3ES2BSCC^2E2i23^H!H 26/5 oeoc MRS M Pinto CFS 27/5 2358 MRS OAK LGB HOU MEM ATL MIA
      2,132 words
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      1243 32 "1 ROTTEDAM/ VOY HO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE TOKIO EXPRESS 99/120 23/5 13/6 11/6 10/6 KAMAKURA 17/320 25/5 11/6 13/6 16/6 17/6 tSMHaW'-"*- "r' KASUGA 15/121 25/5 11/6 13/6 16/6 17/6 L ALL WESTBOUND P. MONTE ROSA 13/321 1/6 19/6 21/6 24/6 25/6 SlAftC t PCNAK6 CARCO
      1,243 words
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      Page 32 Advertisements Column 2
      573 32 DIRFCT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 30/5 11/6 13/6 19/6 ALSO ACCEPTING CARGO Vl* SUV* TO: LAUTOKA. P*GO PAGO. API* NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI (PERU) ISLA FLOREANA 2208E 30/5 1/« 3/7 6/7 8/7 9/7 Agents allf. SINGAPORE 221*011 _M
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      Page 32 Advertisements Column 3
      1463 32 il El— iftgrai aw* regular independent full container service Wg§TB6UNP FbR EUROPE 7" VSI/VOY SM ALG Ba HAM BRE TOT ANT FEL LNA (VIA (VIA (MA ALG) HAM) TOT) NOR ASI A PRINCESS 9111-3 24/05 13/06 14/06 17/06 11/06 19/06 20/06 21/06 22/06 JAPAN SEA 112* 31/05 20/06 21/06 25/06
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      Page 33 Advertisements Column 1
      2177 33 itov Maritime Holdings Ltd w* p&q w® Containers Slm""— wSTJICTVTJITXWnfMVif^RKSHHRRfJKvfITJJn^H Ba J ryira B HKfi" STJiBnl" ffel'i'lli tMiMMilt^B 4 Voy No -t-Pen/ >m S por. »l| Sou Ant Rat Hb| ACCEPTS out SAILS LAURA MAERSK SIM 11/05 20/05 22/05 06/06 09/00 10/0* 12/06 CARGO TABLE RAT 0524 10/05 20/05 25/05
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      Page 33 Advertisements Column 2
      2181 33 TO: U.S.Aj'PANAMA FM: U.S.AiPANAMA v w ia fh im n «c ntc no> uv cm ia om CHOTANG PMK EF 120 »/S IJ/4 21/« 10 4 4/7 4/7 1/1 t/1 CHOYAN6 SUM WA 11} M/« 12/4 14/4 lt/4 M/ 4 W4 1/4 AMUICAN SfNATO# IFI2I 1/1 24/4 24 4 1/1
      2,181 words
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      Page 33 Advertisements Column 3
      399 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO A HEAVY LIFTS VESSEL I WOT I V pi [luc HS COSMO ANGEL 5 "2S/5 ~V/i 1 I GIACE LUM 4 "M/S Hfi I "3 kou shun "u Wi "a/s "n/s CO9CC CHALLENGER 7 77/5 I coaac MB ~ii *7s l/c 1 sai
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      Page 34 Advertisements Column 1
      616 34 9H CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSiyVOY S'PORt~| RDAM.AQAM H BURG BREMEN ANTWERP MATARAM/29W8 |aO 22/7 27/7 31/7 3# FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subtact to loduc«m«n( A too accepting c«r«o to CaMblanca. Port Said. Port Ataxandrta, Qarvoa. Trtaala. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA
      616 words
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      Page 34 Advertisements Column 2
      977 34 iH i$L ill HANJIN SHIPPING S'pora LEH ITM AM HAM MV FEL IFEEDER VSL SIN LINE HAUL LGB OAK HANJIN SPORE 001W 21/5 6/6 7/6 8/6 8/6 10/6 11/6 IHAMJM KAOKSKJNG 004E 25/5 R VANCOUVER 005E17/6 20/6 HANJIN CHUNGMU 07SN 31/5 19/6 20/6 21/6 21/6 22/6 23/6 IHARJM VANCOUVER OOS£
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      Page 34 Advertisements Column 3
      1306 34 J-1 i-l i n 1 i PPKL SCP NKC ASC IttC WJS HKT OSK NCY SOB TYO LAX CHS BAL NYC LHV AN* ROM TUP MBC PSD CM Pta W I rre ox tifi Z3fi an Wi nfi m 7* m m njt v hi n w w w V
      1,306 words
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      Page 35 Advertisements Column 1
      2079 35 V 1 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) X BOOKINGS: UK/EUROPE SERVICE *****19 USA ffWICE 27»116 jdr AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 Ml|l ML. MM TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT *****69/*****50 CFS: K27 EXPORT: *****53/*****04 wmmm* neplinesdnbhdMalaysia K L -<03) *****33
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      Page 35 Advertisements Column 2
      959 35 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 IMSCHARGING FROM EASTBOUND LOADING FOR WESTBOUND TRANSHIPPED AT WOTTIRtVMK VCSStLS VOY |siS [su> MKG VOY |siw
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      Page 36 Advertisements Column 1
      1723 36 K"W f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 12U*****00M) W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I I fl M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JA. U VJL MU TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 ■■■■i KAWASAKI KISEN KAIHA, LTD INDONESIA:
      1,723 words
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      Page 36 Advertisements Column 2
      1178 36 PHIU-OM€NT UN€5 PT€ LTD 108 ROBINSON ROAO ***** GMG BUILDING SINGAPORE 0106 I TEL *****22/*****6^*****00 TELEX: RS ***** PHK.I FAX: *****76/*****38 BY air, land or sea... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION VANCOUVER, S"WESTERN ONTARIO. 27 MAV DUBAI. DAMMAN, SHARJAH, DOHA. CHARLESTON CHICAGO,
      1,178 words
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      Page 37 Advertisements Column 1
      1493 37 SSSSA#f PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSS* Km mW WUtH PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA I [BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOY SIR BKK SIN EQUATOR MAS 04N 23/5 2S/S 30/5 INGENUITY 134N 84/8 27/5 31/5 BUNQA TERATAI 213 26/5 25/5 2/« *0™
      1,493 words
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      Page 37 Advertisements Column 2
      966 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Alsia-t- 156 24/5 10/6 11/6 13/6 14/6 Nedlloyd Hoocn* 156 26/5 17/6 18/6
      966 words
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      Page 37 Advertisements Column 3
      523 37 M MYANMA FIVE STAR LINE V (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gd| PA THEM VIIIW 24/26 May HPA-AN VI63W 30/1 Jun PAGAN VIO7W S/10 Jun THE BANK LINE (A eervlce of Andrsw Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA
      523 words
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      Page 40 Advertisements Column 1
      681 40 TO AUSTRALIA/NEW ZEALAND [*5 T* iFram llMb Syd Uuck INK |P CHM.M musxi 271 "5175 i75~ TT/5 TaTi "ioTT" m/T" m 7» C VOKJUK 272 70/« 25/1 »7i 4/7 7/7 WTWOIKN 27] 27/« «/7 »/7 11/7 IJ/7 22/7 24/7 MMTHA I 27) iTS 13/1 11/ l 24/1 2«/« li/i TO
      681 words
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      Page 40 Advertisements Column 2
      825 40 EXPORTS TO HONGKONG, TAIWAN JAPAN TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG MT SIN HKG KAO KEE TYO SM2 NCO KOB [["VESSEL VOY |SM [PKL PNG BCW SM TSK MELOOY 25 25.5 **20 5 24 5 31.5 4_S 5 6 i t EQUATOR PROC 928 23.5 24.5
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      Page 40 Advertisements Column 3
      289 40 Ww, P.T PERUSAHAAN PELAYARANj I i KALIMANTAN DIRECT WEEKLY SERVICE TO r JAKARTA/TG. PRIOK Vttsd ETMTD DESniWTKW I NWGA Ul Voy 11/J1 21/22 May Jakarta Patarfcanj I NWGA Ul »oy 12/)1 24/2% Way J*arta/Mta*M| I NWGA 42 Vey 1/11 n 30 Hay latarta Patanbanf I NWGA Ul V#y 12/11 3/
      289 words
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      Page 40 Advertisements Column 4
      1403 40 rZZ t WWWWW&sI IS CHUM OCEAN SHIPPING COMPANY COSCO FULL CONTAINER LINER SERVICE mEX TE R L s ££??oship 2, Ml ST RI ROAD. HMC BUILDING FAX: 2261)66 #15-00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: *****M0000H General Agents: OOSTAR SHIPPING PTE LID ivtssti»Q> Imp Ihkc sha im mi dm. qm
      1,403 words
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      Page 41 Advertisements Column 1
      971 41 raC CONVENTIONAL SMIYICB VMM) PKL PNC PC Loading for A VtSStL 2lit» RotttrdamiAntwerp CHINA FULL COWTAINKm lIKVICI VttMl SCP PKL BKK HKG QIN SNA YANGfANGKOU 1U 02,6 03* 07/6 12/6 16/6 t ANGFANCKOU IB 02/7 03/7 07(7 12/7 18/7 Alm Kcapting other chiMM jort» »i» HKG AurrmAUA rtfLL COWTAINKm mivid
      971 words
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      Page 41 Advertisements Column 2
      342 41 (Si RICHFIELD MARINE A6ENCIES (S) PTE LTD Sf TEL: *****33 (12 Llfws) m FAX: *****15/*****03 fTIJ TELEX: RS ***** RISHIP (3 Line*) iTHMMFi«riHiPPMi~LU^~ Ir (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPORE ABBAY WOHZ 30/05 OARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE
      342 words
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      Page 41 Advertisements Column 3
      1036 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta eta eta SWK WIT KEUWS PENANG t BUI lAOE 5 Loading for Ma* mnu HUDHU 29,5 Loading lor Calcutta ooww a/5 Loading For Malt noma smtuc 2/i Loading For Maie OONAKUIHi 30 .'5 Loaded Foe Fdmaru NOQKSinn 6 6 Loading for
      1,036 words
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      Page 41 Advertisements Column 4
      416 41 Tieen-une VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MA* SIN TIGER STAR 160N 26 27/05 01 03/06 09 09/06 TWER BAY 161N 01-02/06 08-10/06 16 16/06 TWER STAR 162N 09-09/06 15-17/06 23-23/06 VBL VOY BMQAPORE/CALCUTTA/BMGAPORE VESSEL VOY SIN CAL SIN LHOTSE 402 24-25/05 29-31/05 06-07/96 EAGLE CAPE 11 26-21/05
      416 words
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      Page 42 Advertisements Column 1
      1299 42 MAC-NELS SINGAPORE!| tel *****22 IMPOOT TIL 221M02 AAI PENANQ TEL: (04) *****6 IKK TEL: (088) *****0' TAWAU TEL: (089) *****9p KELANG TEL: (03 *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 |\-/\~*'"M J BAHRU TEL: (07) *****2 SIBU TEL (084) *****2 PADANG TEL (751) ***** v /JAKARTA TEL: (21)
      1,299 words
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      Page 42 Advertisements Column 2
      375 42 BLUE STAR LINE SINGAPORE TO jj NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK IfT PREMIER 12S 30 May 11 Km Via NPI 13
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      Page 42 Advertisements Column 3
      478 42 iC THONG SOON UNES PTE. LID. 77 ROBINSON ROAO #15-00, #16-00 SIA BUtINNG SINGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 TLX: RS ***** CARRIER RS ***** JCNHOL CABLE: TOSOCO ANNOUNCEMENT We are pleased to announce the commencement of our Far East/ Papua New Guinea and Solomon Islands service
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      Page 42 Advertisements Column 4
      360 42 I NVOCC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. wtn F«QuwcT'irx eta sm mworr nc AUCKLAJB J SAINS 30/05 14 DATS BANGKOK 4 MINGS 24/05 I DAYS CMTTAGONG 4 SAILINGS 5 MTS COLOMBO 3 SAILINGS 22/05 5 MTS M*AJ (IMC) 3 SAIMGS
      360 words
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      Page 43 Advertisements Column 1
      707 43 \2S^^^compans^eruan^^^ xGEdL de vapores "PERUVIAN STATE LINE" ACCEPTMG BREAKBUIK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, HO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL Of LADING. Peoanf* P KeUnj S<R(apori EM«u CMNEVfttTT 2S/30 May SHAPIAEVERETT 03/06 tun 07/09 Mm KAMALEVERETT 29/30 Ain "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
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      Page 43 Advertisements Column 2
      502 43 vsl Not [stone |mann.n«i Ilax hr Isav Mrc fcre I OH EI.AT ME 11/5 m HUM 27/» 8/7 1/7 11/7 11/7 ZM MEIBOUHC 7121 13/8 W 14/7 IJ/7 18/7 28/7 10/7 m mAcus i2tt 28/ a m cujroma* 23/7 1/1 4/1 a/a a/a m KOPEB IK 27/8 DM SAVANNAH 11/7
      502 words
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      Page 43 Advertisements Column 3
      543 43 liner shipping pte ltd to, Anson Road. #17-06 Intern a&onal Plaza, Singapore 020? Tsl: *****33 (10 Noes) U Tela*: RS ***** LSSHIP Fax: *****13 IHIJjIiHB I MIDDLE EAST EAST/WEST AFRICA/MED. Alexandria i~24(5 i/6 [Mm** [w HT PORTSAJD 24 5 1 6 toßftttA »5 10/6 port 5% 24/5 m EwSm a/5
      543 words
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      Page 43 Advertisements Column 4
      581 43 UK PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MELITA 03/91 IN PORT 25/05 PRASETIA 171 A 24/05 27/05 JATIDIRI 933 25/05 28/05 MELITA 05/91 27/05 30/05 PRASETIA 173 A 30/05 02/06 TANTO UTAMA 165 24/05 27/05 TANTO UTAMA 167 31/05 03/06
      581 words
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      Page 43 Advertisements Column 5
      426 43 SIN FJHEAST 26/5 KEELUNG/KAOHSIUNG 26/5 BANGKOK 25/5 MANILA/CEBU 25/5 JAKARTA/BELAWAN/SURABAYA 25/5 PORT KELANG/PENANG/E. Malaysia 23/5 BUSAN 23/5 TOKYO/YOKO/KOBE/NGO/OSA 23/5 HONG KONG SIN CjUNA 23/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUIOK/lIK 27/5 LDN/FLX/LVP/SOU 27/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SIN USA/CANADA 23/5 LOS ANGELES/NEW
      426 words
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      Page 44 Advertisements Column 1
      781 44 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEOER SERVICE P.T. ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPOKE JAKARTA SURABAYA TAKARI IV 4088 23 MAY 26 MAY TAKARI I 1706 27 MAY 29 MAY TAKARI IV 4090 31 MAY 02 JUN TAKARI I 1708 03 JUN 05 JON
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      Page 44 Advertisements Column 2
      274 44 MULTI-MODE SHIPPING PTE LTD j ■itllilfllllltiiiinfl MIDDLE-EAST/PERSIAN GULF ACCEPTING FCULCL DUBAI DAMMAN, SHARJAH, DOHA. MUSCAT, BAHRAIN. ABU DHABI, BANDAR ABBAS. JEDDAH FAR EAST ACCEPTING FCL/LCI PENANG. P/KELANG, JAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN, MANILA. KOREA UK/EUROPE ACCEPTING FCULCL LONDON. FELIXSTOWE. LEEDS. TILBURY, ABERDEEN, LE HARVE. HAMBURG. ROTTERDAM, ANTWEP. GOTHENBURG. COPENHAGEN
      274 words
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      Page 44 Advertisements Column 3
      649 44 SHIPPING CORP. SDN BHD (•AAA* FT KUM Ttl: 03M7S1M |l fcml FUM7MII VXDC/ p(NMfi Ttl 04*3 M?« SKA* TEL 0H?1«I2 \I/ Sill) TIL M 4 31U22 TMNW TIL 0W77W79 KK TEL: OM 2*2250 KUCN TEL M 2 *****3 MSIA TO USA/CANADA CONTAINER SERVICE VOY PtW PKLISIN ILALB I KST I
      649 words
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      Page 44 Advertisements Column 4
      449 44 CUJI con-urn inTEmonnP} J LCL/FCL SERVICE FROM I r ran W CUJi op<r»>— ow aeo Ifrnlnik/offlot In UAA 1 II /fIA J CUJi inaJnlalM ov»f $5,000 tractors A trucks. V II mm M CUJI *****ovar «M»0 pofcK* In US.A (|Ejj9| JMK m CUM offar ratiabia LCUFCL tanrtcat. Ganaral Agantt 77ZA/VS~L/A/K—
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      Page 44 Advertisements Column 5
      427 44 ijjjjjijj.iiiu.iiii.imj FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 37N8 25/5 VIGOUR INB 1/6 BANGKOK 27/5 31/5 BUSAN 28;5 4/6 HONGKONG 28/5 4/6 DURBAN/PT LOUIS 3 6 19/6 KEELUNG 26/5 2/6 U.S.A. 27/5 3/6 PT KELANG 24/5 31.5 KOBE 27/5 3/6 PIRAEUS 27/5 5/6 OSAKA 28/5 4/6 JAKARTA 24/5 28 5 SURABAYA
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      Page 45 Advertisements Column 1
      595 45 more Frequent flights worldwide lewlealano/fiji VESSEL Jkt P.K» 'Pen *Bkli Sin S'biyi Auckland FijK») Nflyniouth(A) Ttaura Ljrttattan(B) fcmedbi(B) Napier *J*"t lor C) ff ur fXester/9111 5 2* 5 24/5 24/5 In ft 7/6 19/6 9/6 10/6 11/6 6 6 6 N Rouen/9112 27/5 31/5 27/5 27/5 29/5 3/6 17/6 0/7
      595 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      314 45 TIDES AND WEATHER own umiii' tiM» "nwitrw MM**** v- *mm***** *&em*s~ TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO ******************** 1400 *****600 **********00 ***************0 JR 1.3 1.4 1.7 2.0 2.3 2.5 2.5 2.4 2.1 1.7 1.3 1.0 08 08 08 1.1 1.5 18
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      Page 46 Advertisements Column 1
      776 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. eastbound feeder to pacific south west to pacific worth-west FEEDER VOY JHR PKE SIN LINE HAUL VOY LBH OAK SEA LIKE 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
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      Page 46 Advertisements Column 2
      51 46 f OFFICES MACOLINES.T S5B. I PORT KELANC 03 ****** SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VESSEL SIN PG SIN PLM Bunga Setawar PMOI7 24/5 25/5 26/5 27/5 Bunga Setawar 1/6 2/6 3/6 4/6 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS BRITT ANN" 20/5 PAOANG "B SETAWAR" 24/5 PALEMBANG "SUSANNA- 26/5 PANJANG/JKT "HAKURYU" 26/5
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      Page 46 Advertisements Column 3
      503 46 CHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) cm f g HvnM| la **•<" Sanwttfl Mwm ISfOM {'TON KTU«S ADAM UN NMi. SIKMM rauo owtss »/in an ii/t ii/< i* wnwoM uhw o* Wru UMIil 17/12* 12/* W/* 17/* 1«,'« frmtonr T, »n> RTTTT^H USUE* I IS/171 *5
      503 words