The Business Times, 17 January 1991

Microfilm: NL17381
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday January 17 1991 75*
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  • NEWS SUMMARY
    • Article
      US consumer price index in steepest rise since 1981
      63 1 FALLING petrol prices in December in the US restrained retail inflation, which rose 0.3 per cent last month matching November's 0.3 per cent advance. The US Labour Department announced yesterday that for all of 1990, the Consumer Price Index rose 6.1
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    • Article
      Mossad involved in killings, says PLO
      37 1 THE Israeli intelligence service Mossad was involved in the killings in Tunis on Monday of three officials of the Palestine Liberation Organisation, said a PLO report yesterday following an initial investigation.
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    • Article
      AIA considering shift
      15 1 AIA may transfer part of its Hongkong operations to Singapore Page 2
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    • Article
      Mr Taxman signs off
      16 1 MR TAXMAN, Hsu Tse Kwang, has finally left the IRD Page 2
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    • Article
      Investments approved
      30 1 A TOTAL of 147 projects with proposed investments of M 5895.31 million from Singapore into Malaysia was approved by the Malaysian Industrial Development Authority last year Page 7
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    • Article
      Thai tax rethink
      28 1 THE Thai Finance Ministry is studying the readjustment of the entire tax system aimed at stimulating local invest- ment and making taxation fairer Page 7
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    • Article
      Tight money supply
      24 1 CHINA will rein in its money supply this year to ease inflationary pressure from a monetary surge last year Page 8
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    • Article
      Boost for UK coffers
      28 1 PROCEEDS from the privatisation of Britain's regional electricity companies are expected to put government fl- j nances in the black for December Page 8
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    • Article
      Woody's woman
      25 1 THE Allen-Farrow relationship is more like the AllenDiane Keaton relationship, which resulted in five films and made the actress a star Page 13
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    • Article
      Service suspended
      35 1 BESET BY a host of operational problems which led to substantial losses, local shipowner and operator Greenseas Shipping has suspended its Singapore-Madras passenger liner service after just one run. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow down
      27 1 SHARE PRICES opened lower on Wall Street yesterday with the Dow Jones index of 30 leading industrials slipping 4.21 points to 2,486.38 in early trading.
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    • Article
      Footsie down
      42 1 SHARE PRICES in London were weaker in slack trading at midday yesterday as the market awaited a war in the Middle East. At about 1200 GMT, the FTSE 100-Share Index was down 18 points, or 0.9 per cent, at 2,052.9.
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    • Article
      Plans for Fraser's Hill
      37 1 A Msl billion plan to turn Fraser's Hill into a leading tourist attraction provides for an amusement park, a holiday camp site, low-cost apartments, a golf course and a health farm Page 3
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    • Article
      Petaling's assets
      25 1 PETALING Tin has, as at end-October 1989. total assets of M 553.82 million, of which MSSO million is cash and near-cash Page 3
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    • Article
      Green light for banks
      30 1 THE US Federal Reserve Board is to allow Bankers Trust. Royal Bank of Canada and Canadian Imperial Bank of Commerce to trade corporate stocks Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 566.11 -4.82 Kuala Lumpur ...470.41 -3.35 Hongkong 2,984.01 -16.81 Tokyo 22,442.7 -770.53 Sydney 1,204.5 -14.9 Tuesday Change New York 2,490.59 +6.68 London 2,070.9 -9.9
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SS 1.7660 Yen SS 1.2947 MS SS0.6465 Money market rates Overnight 4 -1/4 3-month 4-11/16% unch
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS403.70 USS5.70 Rubber S'pore Feb 154.50*/kg +0.50 M'sia Feb 238.50*/kg unch KL Tin Turnover 42 tonnes +11 Spot MS 15.13/kg +0.02 Crude palm oil Turnover 1.928 lots -319 Feb MS869/tonne -9
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  • Article, Illustration
    Lock icon D-Day: Bush at point of decision
    637 1 War sooner than later, says US Big bombers move within range Saddam takes direct control Agencies THE Administration of President George Bush was poised last night at what it called "a point of decision" on whether to unleash an attack against Iraq. The deadline
    Agencies  -  637 words
  • Article
    Market suspension not likely even if prices fall sharply
    381 1  -  By Conrad Raj THE STOCK MARKET is not expected to suspend trading even if share prices fall sharply in the event of war in the Persian Gulf. An official source noted that stockbrokers in Singapore were at present virtually debt-free. "Total
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  • Article
    Sharp fall in share prices averted
    167 1 ASIAN stockmarkets closed broadly lower yesterday as the United Nations deadline for Iraq's withdrawal of Kuwait expired and war appeared imminent. However, the heavy selling wave witnessed in most bourses in the morning was not sustained and a sharp fall in share prices was
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  • Article
    Oil refineries are comfortable with their supplies
    319 1  -  By Lilian Ang WITH war looming in the Middle East, oil refiners in Singapore arc calm as they have enough crude oil supplies for at least a month. A protracted war. however, could spell problems. Almost all the local industry's crude oil cargoes
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  • Article
    Design projects allocated $3.65 m
    195 1 A TOTAL of $3.65 million has been committed to 114 projects under the Design Venture Programme (DVP) in the four years since its launch in January 1987. Initially, this financial assistance scheme, for companies keen to enhance their products and competitiveness through design, was used
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  • Article
    Gulf fears put paid to local trade with the Middle East
    427 1  -  By Genevieve Cua DEMAND in the Middle East for consumer and capital goods is growing, but trade between Singapore and the region has come to a virtual standstill due to the continuing stalemate in the Gulf. A check with
    427 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      269 1 Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTO Singapore: Phone 235 1333 Kuala Lumper' Phone 757 0233 Penan#: Phone *****5/*****4 Jakarta: Phone 374 065/380 1472 Advertising Marketing 16 Money Changer Rates 14 Weather 14 A»rcratt Schedule 14 Money Market 30 World News 8,9 Commodities 31 Regional News 7
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      Page 1 Advertisements Column 2
      3 1 Analysis, Pg 11
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    • Advertisement
      Page 1 Advertisements Column 3
      58 1 Menstoch Quality before your eyes Allies brace for the worst and hope for the best, Pg 9 World economy a victim if war starts, Pg 10 Scrambling for damage control, Pg 17 War expected to depress prices of soft commodities, Pg 31 Analysts fear war will unleash Arab backlash. Back
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Macau scraps visas for Singapore visitors
        45 2 SINGAPOREANS no longer require an entry visa into Ma».au, says the Macau Tourist Information Bureau. Nearly 15.500 Singaporeans visited Macau in the first eight months of 1990. This was a 19 per cent jump from the corresponding 1989 period.
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      • Article
        Getting more productive
        69 2 A TWO-DAY residential programme for productivity activists, the first in a series, will be held from tomorrow at the NTUC Pasir Ris Resort. The objective is to update activists on the directions of the productivity movement and equip them with new skills to lead and organise productivity
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      • Article
        Talking about Ionpure
        74 2 CHEMITREAT, a specialist in water treatment systems, will hold a seminar on lonpure, a water purification system developed in the US. According to Chemitreat, one of lonpure's biggest advantages is that it produces water of a high and consistent quality, and its discharge is environmentally safe. The
        74 words
      • Article
        Y's Men's Clubs to meet
        71 2 THE International Association of Y's Men's Clubs will hold its international council meeting in Singapore from Jan 19-23 at the Sea View Hotel. Among the delegates will be the association's international president, Ms Rachelle Reeg, who is the organisation's first lady president. The international service
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      • Article
        Aid for welfare groups
        41 2 THE Ministry of Community Development has finalised the details of its financial assistance scheme for voluntary welfare organisations. A cheque presentation ceremony will be held tomorrow at the MCD Building to mark the launch of the scheme.
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      • Article
        Overview of property market
        86 2 THE Real Estate Developers Association of Singapore is organising a talk aimed at giving an overview of the property market in Singapore. To be held at the Hyatt Regency Hotel on Jan 21, the talk, by Dr Amos Koh from Knight Frank Chcong Hock Chye and
        86 words
    • Article, Illustration
      AIA may transfer part of HK operations here
      307 2  -  Singapore may be regional insurance base By Elaine Koh AMERICAN International Assurance Co, which held a ground-breaking ceremony for its $66-million building yesterday, is now thinking of transferring part of its Hongkong operations to Singapore, which could become a regional office for
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    • Article, Illustration
      Hsu Tse Kwang is now Sembawang's executive chairman
      263 2 HSU TSE KWANG, long known as Mr Taxman, has left the Inland Revenue Department after more than 35 years of service. Koh Yong Guan, who is the Second Permanent Secretary at the Ministry of Defence, is expected to take over the post
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    • Article
      ISS to do research on multi-media technology
      174 2 A RESEARCH centre to tap multi-media technology for industrial uses is being set up by the Institute of Systems Science (ISS). The aim is to extend the use of this technology, which is currently used in training, education, marketing, information presentation and entertainment.
      174 words
  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Plan drawn up to transform Fraser's Hill
      378 3  -  From James Shyong in KUALA LUMPUR A PLAN to turn the Malaysian resort of Fraser's Hill into a leading tourist attraction provides for an amusement park, a holiday camp site, low-cost apartments, a golf course and a health farm, sources in the Fraser's
      378 words
    • Article
      Jurong Cement in Batam joint-venture
      244 3 JURONG CEMENT is tapping the ready-mixed concrete market in Batam, with the setting up of a joint-ven-ture manufacturing company on the island. The investment will cost $480,000, giving the group a 60 per cent stake in the venture, to be called JRC Batam Pte Ltd.
      244 words
    • Article
      FCC buys 89pc stake in Bagi
      344 3 FIRST Capital Corporation has embarked on yet another acquisition, this time buying an 89-per-cent stake in British American General Insurance (Bagi), a locally-incorporated company. In a statement issued through its financial adviser, N M Rothschild Sons (Singapore), yesterday, FCC said it will buy 13.35
      344 words
    • Article
      Lock icon Renong names key officers in related companies
      538 3 Bernama RENONG Bhd chairman Datuk Halim Saad has relinquished his position as chief executive officer of the New Straits Times Press, United Engineers, Faber Group Bhd and Projek Lebuhraya UtaraSelatan (PLUS) following the appointment of managing directors and a chief operating officer in
      Bernama  -  538 words
    • Article
      Petaling Tin has total assets worth M$ 53.8m
      554 3  -  By David Chew PETALING Tin, the prize being fought over by Singapore's Straits Trading Company and its Malaysian rival, Hijaz Industries, had. as at end-October 1989, total assets of M 553.82 million, of which Msso million is cash and near-cash. According to
      554 words
    • COMPANY BRIEFS
      • Article
        SSE staff share scheme
        121 3 SINGAPORE Shipbuilding and Engineering (SSE) has implemented an employee share ownership scheme from Jan 1. Under the scheme, staff contributes monthly to a share ownership fund, in multiples of $10, subject to a minimum of $10 and maximum of 10 per cent of the basic salary.
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      • Article
        Hotel director resigns
        20 3 HOTEL Grand Central announced the resignation of Lim Pooi Yin as a company director from Jan 1.
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      • Article
        Soh Kim Kang sells shares
        33 3 SOH Kim Kang sold 50,000 units of Hong Leong Finance shares at $2.01 and 47,000 King's Hotel shares at prices between $1.73 and $1.77, all on Jan 14.
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      • Article
        Bejuntai reports M$ 2.73m loss
        65 3 BERJUNTAI Tin Dredging Bhd reported a group pre-tax loss of M 52.737 million for the six months ended Oct 31, 1990, compared with a profit of M 52.116 million previously. It said in a statement that turnover rose 97.9 per cent to M 524.769 million
        65 words
      • Article
        Perlis Plant picks Johor
        74 3 THE Kuok group's Perlis Plantation has chosen Johor Baru as the prime site for its supermarket and departmental store business through a third store called "Kerry". Kerry wilt be the anchor tenant of Plaza Pelangi, which is due to open in May or June. Kerry, combining
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    • Article
      Amalgamated expects M$ 130m from containers
      182 3 AMALGAMATED Containers, a 51 per cent subsidiary of Amalgamated Steel Mills, expects to earn up to Msl3o million annually from the sale of steel containers, when its plant in Bukit Raja Industrial Eastate is fully upgraded. The plant, which can produce, up to 30.000
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      225 3 v. \vv:—':>.> ,;K c \',-.-X- v"K■;-■ v ••'cJfe- y .V*- V > V+ mm mm m V r .v. >*• «,'.W >'^t*o9)£ '."••••>• v v v..- *,T ,S "-.••V" >•;. *$isS&F NO COMPROMISE Equip with the best NikonW-m v J r > -l '-i "SH? vi ■>», .'<■ >• ><>r.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Westin Philippine to go private
        66 4 THE government-owned Westin Philippine Plaza Hotel is to be privatised through a negotiated sale after two efforts to mction it off failed, its owners said on Tuesday. Mr Feliciano ielmomte, president of the Government Service Insurance lystem, a state pension fund which owns the luxury
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      • Article
        Daewoo clinches Soviet deal
        88 4 i SOUTH Korean company announced on Tuesday it has ✓on a US$4O million contract to supply equipment to Soviet teel mills. Daewoo Co officials said the contract signed in •eoul last week with the Soviet Metallurgy Ministry calls on )aewoo to supply 3,000 cabin coolers to
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      • Article
        WMC to sell Fiji business
        85 4 AESTERN Mining Corp Holdings Ltd (WMC) said it will .ell all its Fiji gold operations held through Western Mining Torp (Fiji) Ltd to Fijian mining company and joint venture partner, Emperor Mines Ltd. WMC said in a statement that he sale price comprised As 2
        85 words
    • Article
      EMIC to invest US$ 50m in Thai stocks
      716 4 Smart money is expected to move back into the country later this year AN international fund manager is to pump US$50 million into the Thai stockmarket. The Bangkok Post reported on Monday that Emerging Markets Investors Corp (EMIC) is putting in that
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    • Article
      Lock icon Nissan sets up own dealer network to oust UK importer
      429 4 Reuter NISSAN Motor Co of Japan on Tuesday invited car dealers to join a new companyrun sales network to oust the British importer which has sold Nissan cars in Britain for more than two decades. The move is likely to
      Reuter  -  429 words
    • Article
      Lock icon Tokyo electric company: battles jellyfish
      299 4 NYT TOKYO Electric Power Co, I Japan's biggest power suppli- 1 er, is struggling against jelly- s fish that are gumming up the I works at some of its genera- I tors. I The company has started < a study of jellyfish in Tokyo I
      NYT  -  299 words
    • Article
      Aromatics plant's tender extended
      189 4 THE Aromatics (Thailand) Co has asked the JapaneseItalian consortium of Chiyoda Corp and Technologies Protetti Lavoiri SpA to extend by two months its tender to build the firm's upstream petrochemical plant. The Bangkok Post reported over the weekend that the extension to June this year is
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      243 4 I 5 5 5 > j em, GRAND A Toyota Corona CO 6 16 va've Nwn t.arr manual S*>onsoie<l tjy Romeo Motors (S) Pie Ltd Call IDD. It costs so little, but you could win so much. Pick up your IDD line and you might also pick up bill entitles
      243 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon News Corp debt talks have 90pc backing
      303 5 Reuter RUPERT MURDOCH'S News Corp, which is trying to restructure US$B billion of debt, has reached agreement with around 90 per cent of its lenders, a banker close to the talks said on Tuesday. "There is around 90 per cent agreement amongst banks
      Reuter  -  303 words
    • Article
      Lock icon UK firms pay more for acquisitions
      245 5 AFP BRITISH companies bought fewer firms in continental Europe in 1990 than in 1989, but spent 73 per cent more in doing so, the magazine Acquisitions Monthly said in London on Tuesday. British companies did not buy any company in Japan last year. In
      AFP  -  245 words
    • Article
      Lock icon EC commission reviewing three new mergers
      253 5 UPI THE takeover of a US-based agricultural equipment subsidiary of Ford Motor Co by Italian giant Fiat is one of three new mergers being looked into by the European Community Executive Commission. The other mergers involve a French-German banking joint venture in Hungary, and
      UPI  -  253 words
    • Article
      Lock icon Congressmen urge FCC to probe AT&T bid
      231 5 UPI THE CHAIRMAN of a US House of Representatives telecommunications panel has asked the Federal Communications Commission to investigate policy questions raised by American Telephone and Telegraph Co's attempt to acquire NCR Corp. In a letter sent last Friday to FCC chairman Alfred
      UPI  -  231 words
    • Article
      Lock icon Rwe-Dea extends offer to buy Vista Chemical
      179 5 UPI A MAJOR German oil and petrochemical company, Rwe-Dea, on Monday extended its US$55-a-share offer to buy Vista Chemical Co in a deal worth more than US$59O million. The offer was extended to Feb 25 to give Rwe-Dea additional time to comply with
      UPI  -  179 words
    • COMPANY BRIEFS
      • Article
        Du Pont and Xerox ending joint venture
        76 5 DU PONT Co said on Tuesday that the company and Xerox Corp agreed to dissolve their DX Imaging partnership, resulting in a three cents a share charge against Du Pont's fourth quarter 1990 earnings. The partnership was formed in 1987 to make products
        76 words
      • Article
        NCR forms software alliances
        53 5 NCR CORP said it had formed alliances with three retail software vendors, including Information Marketing Businesses Inc, Software Creations, and Wonder Corp to offer a complete hardware/software solution to retail customers. The programmes work on NCR open systems platforms to provide in-store time and attendance, labour
        53 words
      • Article
        Bata eyeing Czech businesses
        105 5 THOMAS BATA, owner of one of the world's biggest shoe companies, Toronto-based Bata Ltd, vowed to continue his fight for an interest in businesses he left in Czechoslovakia when he fled the country before World War Two. "The joint statement made last week by the Czech
        105 words
      • Article
        Agnelli firm takes Perrier stake
        112 5 EXOR, the family holding firm of French drinks company Source Perrier SA, said in Paris on Tuesday that the IFINT international arm of the Agnelli family holding company would take a 13.5 per cent stake in its capital. IFINT is to subscribe to a capital
        112 words
      • Article
        Tapie raises Adidas stake
        103 5 BERNARD TAPIE FINANCE (BTF) said in Paris on Tuesday that its German subsidiary, Bernard Tapie Finance GmbH, had bought an additional 15 per cent stake in German sportswear maker Adidas, raising the group's total stake to 95 per cent. BTF did not say in its statement
        103 words
      • Article
        Ciba-Geigy sales fall 4pc
        50 5 SWISS CHEMICAL COMPANY Ciba-Geigy AG said 1990 group sales fell 4 per cent to 19.7 billion francs from 20.6 billion. As a result of a weakening of the US dollar aid the yen, consolidated turnover fell 4 per cent. Ciba-Geigy said in a statement on Tuesday.
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      133 5 B Centrally located in the city is 5,000 square feet of a luxuriously furnished watch retail outlet Known to be the largest single watch boutique in Singapore, Thong liiap believes in the quality and consistency of high customer service. No one offers better service than we do because we really
      133 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Holiday Inn, Amex to launch Globalink
        76 6 HOLIDAY INN Worldwide, a unit of Bass pic, and American Express Travel Management Services, an arm ot American Express Co, said they would launch Globalink, a service that links American Express corporate card holders with the hotel company's reservations system. The companies said Globalink
        76 words
      • Article
        France acts to calm market
        105 6 THE Bank of France continued to offer the money market emergency funds in order to calm nerves as possible war in the Gulf approaches, dealers said. For the third day running, the bank kept its emergency window open, allowing banks to borrow overnight funds at
        105 words
      • Article
        UBS completes acquisition
        81 6 UNION BANK of Switzerland (ÜBS) said it had successfully acquired the tiny Swiss savings bank Kredit-und Handelsbank Lyss (KKL), ending a rare takeover battle between ÜBS and six regional Swiss banks. ÜBS said it had acquired 97 per cent of KKL following its December bid of 2,550
        81 words
      • Article
        Judge rules against suit
        102 6 SWISS Bank Corporation said a UK High Court judge had ruled against a £13.5 million suit brought by debt-laden financial group Eagle Trust. The case arose out ot an underwriting of Eagle Trust shares by Swiss Bank's UK subsidiary SBIC Savory Milln Ltd in 1987, the
        102 words
      • Article
        Banks scale down forex trading
        72 6 MOST German banks are scaling down their exposure on currency markets as the UN deadline approaches for Iraq to leave Kuwait, Frankfurt bankers said. Traders said they were being advised not to leave positions open because of fears that a further escalation of the Gulf
        72 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article, Illustration
      Lock icon Fourth quarter proves to be black period for US banks
      493 6 Reuter THE fourth quarter was a disaster for many US banks, with rises in loan problems, particularly in real estate and highly leveraged loans, ravaging earnings and causing dividend and staff cuts. Citicorp, the largest US bank, took a US$3B2
      Reuter  -  493 words
    • Article
      Lock icon Fed continues to lift barriers
      525 6 Three more banks allowed to go into securities business NYT THE Federal Reserve Board said on Tuesday that it would allow Bankers Trust, Royal Bank of Canada and Canadian Imperial Bank of Commerce to trade corporate stocks, further rolling back the barriers of Depression-era regulation
      NYT  -  525 words
    • Article
      P T Clipan signs US$ 32m loan facility
      195 6 PT CLIPAN Finance Indonesia (PTCFI), a subsidiary of French bank Credit Lyonnais. has signed a loan agreement on Tuesday to raise US$32 million. The loan, structured as a revolving credit facility, was arranged by Credit Lyonnais (Singapore) Merchant Bankers, with the Singapore
      195 words
    • Article, Illustration
      Lock icon Non financial firms may bid for Bank of New England
      307 6 Reuter SOME non-financial institutions may submit bids to the Federal Deposit Insurance Corp (FDIC) to acquire the failed Bank of New England, and those bids will have to be considered seriously, analysts say. "The FDIC is anxious to get fresh
      Reuter  -  307 words
    • Article
      Lock icon Perwira Habib gives out M$ 150m for contract financing
      406 6 Bernama PERWIRA Habib Bank Malaysia Bhd has given loans totalling Mslso million to 254 bumiputra companies nationwide up to Dec 31, 1990 under its contract financing programme introduced in mid-1988, its general manager for banking, Nik Mohd Amin Nik Majid, said.
      Bernama  -  406 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      174 6 I I I|INVIT A T I 0 N~\ I The Directors of Midsummer Estates Ltd., developers of I prestige UK investment properties, have pleasure in inviting I you to personal consultations to discuss their unique I opportunities at Pinehurst South, Grange Road I in Cambridge, England. I In a number
      174 words
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      Page 6 Advertisements Column 2
      71 6 /lo Asian Business Consultants Pte Ltd Are you looking around for good(|ualy«>dreliab>etanporarystaff? Do you need to have a temporary EXECUTIVE SECRETARY SECRETARY TYPIST/RECEPTIONIST who will stay with you until the end of the agreed assignment? Our division JOB MATCH can provide you Temporary Staff who are service oriented. INTERESTED? CALL
      71 words
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  • THE REGION
    • Article
      Mida approves M$ 895m worth of S'pore projects
      340 7  -  By James Shyong A TOTAL of 147 projects worth M 5895.31 million from Singapore were approved by the Malaysian Industrial Development Authority (Mida) last year. Figures released by Mida in its "Report on the Performance of the Manufacturing Sector in 1990" showed
      340 words
    • Article
      Manila concerned about credit downgrading
      368 7  -  From Al 0 Labita Jr in MANILA THE AQUINO government has expressed concern over the downgrading by the Bank of England of the Philippines' foreign debt papers. "It has adverse implications on the Philippines plan to negotiate for fresh foreign loans," a senior Central Bank
      368 words
    • Article
      Lock icon Increase in Brunei's oil output
      136 7 AFP BRUNEI produced an extra 700,000 barrels of oil last year as a result of higher production to meet market demand after Iraq invaded Kuwait in August, a Brunei Shell Petroleum Company official said. George Innes, the managing director, told Brunei Shell employees that about
      AFP  -  136 words
    • Article
      Bangkok studying readjustment of entire tax system
      219 7 THE THAI Finance Ministry is studying a readjustment of the entire tax system aimed at stimulating local investment and making taxation fairer, the Bangkok Post said. An informed source said Finance Minister Banharn Silpa-archa had discussed the issue with the directors-gen-eral of the
      219 words
    • Article
      Lock icon State trading firms in Laos going bankrupt
      208 7 UPI STATE-OWNED trading companies in communist Laos arc rapidly going bankrupt and their place is being taken by private firms allowed under liberal economic reforms, the communist party newspaper reported. "At present, a large number of state enterprises or state trade services at
      UPI  -  208 words
    • NOTE BOOK
      • Article
        Thailand's industrial investment up
        102 7 THAILAND said newly proposed local and foreign investment seeking its promotional privileges rose in value but declined in the total number of projects last year. The of Investment (Bol) said 1,009 Thai and foreign investment projects applied for its tax incentives in 1990 against 1,20 a
        102 words
      • Article
        Reservations on trade bloc
        82 7 THAI Foreign Minister Arthit Urairat expressed tions yesterday on a Malaysian proposal for establishing an East Asian trading bloc as he left Bangkok for talks leaders in Kuala Lumpur. "Thailand is not in a positipn'jQ commit itself now because we have yet to study the implications,
        82 words
      • Article
        Manila-IMF talks
        62 7 THE PHILIPPINES hopes to finalise with the Internatipn-j al Monetary Fund (IMF) tomorrow a letter of intent sigjfti-' fying Manila's commitment to an austere two-year economic stabilisation programme, officials said. "Based' on what we have discussed, there is optimism on our part we will be able to come
        62 words
      • Article
        Vietnam faces lOOpc inflation
        91 7 VIETNAM is headed for 100 per cent inflation in F99l' prompted by a cut-off in Soviet aid and loans, bloated state; spending and unprofitable government-run businesses,' an official newspaper reported. Quan Doi Nhan Dan. the arthy daily, said inflation reached 5 to 8 per cent a
        91 words
      • Article
        Chinese students in Australia
        56 7 AUSTRALIA is considering allowing some of the 15,000 Chinese students who arrived prior to Beijing's crackdown on pro-democracy unrest in June 1989 to get a job and slay* permanently. The government was examining the scheme and it was not known when a final decision would be
        56 words
      • Article
        KL industrial output index up
        33 7 MALAYSIA'S industrial production index rose 13.2,0e# cent to 166.7 in the first 11 months of last year compartft with the same period of 1989, the Statistics Department, said.
        33 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      287 7 *°EZ*&r- -> v- --s |F n "if v a lim ■■Kk <• *1 5 f.t REFININti THE ART OF COMMUNICATION. -<: First, a few words about performance. As legislation and conditions allow. Yet, achieved with little compromise to the of mellow walnut veneers, new colour-keye(f Lm befits a company with
      287 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Ivory trade treaty planned
        67 8 FIVE southern African nations are planning to set up a regional authority to market ivory despite an international ban on the trade. Rowan Martin, director for research in Zimbabwe's wildlife department, said Botswana, Malawi, Namibia, Zambia and Zimbabwe would sign an agreement during a meeting of
        67 words
      • Article
        Japanese shopping spree
        69 8 JAPANESE companies spent US$l7 billion to buy more than 200 companies in 1990, according to a.survey of worldwide cross-border transactions. KPMG, the world's largest professional services firm, said on Tuesday that Japanese companies had emerged as the world's "high roller" in the international mergers and acquisitions (M&A)
        69 words
      • Article
        Genscher rejects aid cut
        88 8 GERMANY'S foreign minister has ruled out cutting off aid to Moscow in response to the Soviet crackdown in Lithuania. Foreign Minister Hans-Dietrich Genscher on Tuesday reiterated Bonn's demand that the Soviets refrain from using force. But he rejected any idea of cutting off German aid to
        88 words
      • Article
        Greening of the grey East
        77 8 EASTERN GERMANY, cursed with some of the world's worst air and water, is emerging as an awesome challenge to environmentalists. But 4,000 specialised companies in former western Germany are eager to take part in the clean-up. Although limits on strained public budgets are likely to
        77 words
    • Article
      Lock icon China tightening money supply to fight inflation
      366 8 Government report predicts continued growth AFP CHINA will rein in its money supply this year to ease inflationary pressure from a monetary surge last year, according to official reports. The People's Bank of China would be enforcing strict ceilings on lending, the central
      AFP  -  366 words
    • Article
      Lock icon Gatt chief sees signs of flexibility in trade row
      370 8 AP THE HEAD of Gatt has detected "signs of flexibility" in a bitter disagreement that has stalled negotiations aimed at liberalising world trade. But Arthur Dunkcl, direc-tor-general of the General Agreement on Tariffs and Trade, said in Geneva on Tuesday that
      AP  -  370 words
    • Article, Illustration
      Lock icon Kohl and coalition partners reach deal on tax dispute
      260 8 Reuter GERMAN Chancellor Helmut Kohl and his coalition partners have rcachcd a compromise on the last disputed areas of government policy, paving the way for the swear-ing-in of a new Cabinet tomorrow. A spokesman for Mr Kohl's Christian Democrats (CDU) announced
      Reuter  -  260 words
    • Article
      Hard times for Macau hotels
      220 8 WITH THE number of hotel rooms in Macau set to double over the next four years, the hotel industry is bracing itself for a price war and shortage of staff, the South China Morning Post said recently. A few of the smaller lower-class hotels may
      220 words
    • Article
      Lock icon Burial business booms in crowded Taiwan
      395 8 AP RECESSION is on the way. hut the burial business is booming in Taiwan, helped by the belief that bury ing relatives in the right place will bring riches. In the past year, more than a dozen huge cemetery projects have been started on
      AP  -  395 words
    • Article
      Lock icon Privatisation expected to boost UK coffers
      544 8 Reuter PROCEEDS FROM the privatisation of Britain's regional electricity companies will put government finances in the black for December, say economists in London. But the British government still looked set to miss its funding target for this financial year as recession boosted expenditure and
      Reuter  -  544 words
    • Article
      Lock icon Allies brace for the worst and hope for the best
      383 9 Reuter THE US and its allies are preparing for the worst but hoping for the best from oil and financial markets it war breaks out in the Ciulf. say American officials and analysts. Measures to avert panic from sweeping the
      Reuter  -  383 words
    • Article
      Lock icon Quick war could boost US economy: experts
      296 9 AP A QUICK Gulf war could help pull the US economy out of its recession, experts say. But a long conflict could do economic damage by furthering the uncertainty in the financial and oil markets and bloating the federal deficit. War historically has
      AP  -  296 words
    • Article, Illustration
      Lock icon How wars have knocked markets out of sync
      908 9 The Gulf Crisis NYT THE INITIATION of wars has caused some of the most dramatic plunges in stock market history. Unexpected events often shock markets, and wars have been among the most surprising. But a Middle East war, if it does occur
      NYT  -  908 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      92 8 Seat TVidua to the official opening of the second new warehouse of SUMMIT TRANSPORTATION WAREHOUSING PTE LTD HANGLI SHIPPING TRADING PTE LTD KASBAH PTE LTD MADJU SENDIRIAN BERHAD FOONG SUN SHIPPING TRADING (PTE) LTD q ENVY It sometimes inspires non-Audi owners to aspire. Can be a powerful motivation to own
      92 words
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      Page 8 Advertisements Column 2
      35 8 The Biggest Offer On Print. Buv An Epson EPL 7100 for S 1,990 And Get A Free Imaging Cartridge And Memory V Expansion Of 1.5 MB (Together worth [i While stocks last. I EPSON' S
      35 words
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      Page 9 Advertisements Column 1
      506 9 Epson is pleased to announce the support Adobe Postcript MMHIH > conquest of another peak in their j language later* making it ideal 1 i range office hardware with our for offices, design studios and most advanced laser beam printer. Simultaneously connects up to tuo different computers It's ready-equipped with
      506 words
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  • Article
    Crescent of hope
    478 10 EDITORIAL These are indeed dark days, ominously overeast. Human blood is all too close to spilling onto desert sand, in a war made necessary by the intransigence and unreasonableness of one man Saddam Hussein. True, this country and indeed this region is not the battlefield. But we
    478 words
  • WHAT THE OTHERS SAY
    • Article
      Stock-taking time
      195 10 STOCKBROKERS' comments these days tend to be dismissed cynically as yet another marketing ploy to drum up business from a rapidly shrinking client base. This is one reflection of the number of imponderables posed by a potential Gulf war, the recession in the US and the stalled trade
      195 words
    • Article
      Worsening Baltic woes
      165 10 SOVIET President Mikhail Gorbachev launched a military clampdown on Lithuanians when the world's attention is focused on the Gulf issue. The crackdown has been likened to the Tiananmen massacre. While the Western world is keen on developing a closer relationship with the Soviet Union in the hope
      165 words
    • Article
      Time of adjustment
      142 10 THE Gulf crisis has taught us a profound lesson on the importance of national and civil defence. While there is a need to be prepared for sudden changes in political situations, we must also make the necessary psychological preparations for adverse economic developments. We certainly hope the
      142 words
  • REGIONAL VIEWPOINTS
    • Article
      A single Europe
      152 10 IT WAS three years ago that an American weekly magazine came out with a special feature entitled 1992 Fever. It graphically portrayed how the European Community (EC) nations were fervently meeting the historic challenge of removing all their economic borders and making the region into a single
      152 words
    • Article
      Safeguarding civil liberties
      157 10 AS ANXIETY in Thailand and elsewhere around the world is focused on the spectre of war in the Gulf, domestic issues seem to have escaped public scrutiny. But despite the heightened tension in the Middle East, one ugly development here that could have far-reaching political and social
      157 words
    • Article
      Breakdown in trade
      168 10 WHEN IT is said that the year has begun on a troubling note, thoughts immediately focus on the Gulf and Lithuania as the current flashpoints. But no less onerous is the tact that the world remains on the brink of a breakdown in the international trading system.
      168 words
  • Article
    Lock icon World economy a victim if war starts
    1115 10  -  Economic policymakers have few options available to help cushion the blow of a Gulf war, says Tom Redburn Tom Redburn IHT A WAR in the Gulf, seemingly inevitable now that the United Nations deadline has passed, could not come at a worse time
    IHT  -  1,115 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      104 10 zmmm 'rfj ffc A Gourmet Feast Amidst In Splendour Settings jg i m <n L* |i LLI t J Imperial Cantonese five renowned Hong Kong chefs to tantalise your palate with authentic Cantonese m cuisine from their hometown. j Gracious Staff to Serve You in 5S Promises impeccable service. We
      104 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      53 10 DOONESBURY by garry trudeau you WANT TO KNOUJ UJHAT JEAR ANY SOME*. •HOST AMA2EV ME ONOUR IV FOR6OTTSN WHAT A I JUST HOPE THEY M j &JE E** HEIL FURLOUGH, MAN THE: HUMONOOUS OPERATION j APPRECIATE THOSE i LOVE. THE REAP REAR. ECHELONS' IC&SV&S ANP SUPPORT OP US ON THE
      53 words
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  • ANALYSIS
    • Article
      Lock icon A man who helped shaped Soviet-US relations
      734 11  -  Robert Pear profiles the new Soviet foreign minister Robert Pear NYT IN 1988, after assuring members of the Soviet Parliament that the treaty limiting medium-range nuclear missiles was good for Moscow, Aleksandr Bessmertnykh, then a deputy foreign minister, paused in the Kremlin to
      NYT  -  734 words
    • Article, Illustration
      Having designs on the future
      1388 11  -  Schutz Lee looks at the achievements and future directions for industrial design in Singapore Schutz Lee THE year 1985 brought forth a host of activities on design in Singapore which never existed before. That was the year the government, through the Trade Development Board (TDB),
      1,388 words
    • Article, Illustration
      Roping everyone in
      639 11 AS Singapore enters the crucial sccond phase in developing industrial design. there is still much to be done by the government, manufacturers, designers; and even the media. This will determine if Singapore makes it as the centre of design for the South-cast Asian region which it aims
      639 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      261 11 i r Before: Carl Roberto looking and feeling unfit. I was really inspired to do fff about my weight problem after reading an ad by Marie France. S I had always thought that slimming salons were strictly tor women so I was quite surprised to see an ad f featuring
      261 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1081 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. V> .A* Spu\ S/ct hiia» dishes served al lunch and dinnci dail\ in tlu- cool. iii\ lting atmosphere«>t N/et htian (.out I Kcmi .i(i< >11. WO 10 or 8.VO c\l
      1,081 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      784 12 TELEVISION AND RADIO ~m f first men while on a mission. 6.50 Visi Sud. DttCiuCCC nu DAmft r 1 1 1 SBCI2 9.00 News at Nine. 7.00 Cabie News Network. BUSINESS ON HALHU I II 1 9.30 The Ray Bradbury Theatre 7.30 Denver The Last Dinosaur. X £11X V/l vlvl
      784 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon How Woody and Mia click
      839 13  -  Vincent Canby looks at one of Hollywood's most endearing and enduring combinations Vincent Canby NYT WHEN Sally, the cigarette girl and aspiring actress in Radio Days, gets her big chance to play Chekhov, the broadcast is cancelled minutes before air time because of the Japanese
      NYT  -  839 words
    • Article, Illustration
      Biography paints mixed picture of Picasso
      497 13 CHATTERBOX PABLO Picasso was alternately angelic and cruel, generous and stingy, says biographer John Richardson, whose first volume on the life of the Spanish-born artist is being published this month. Richardson, an art historian and Picasso protege, said in an interview in the February
      497 words
    • Article, Illustration
      Lock icon TV, Hollywood spell hard times for Italian films
      862 13 NYT BY RIGHT, Italy's proud and celebrated film industry should be smiling. A young Italian director, Giuseppe Tornatore, took home the Academy Award for best foreign film last year with Cinema Paradiso. a nostalgic look at an old-time movie house. Beyond Tornatore
      NYT  -  862 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      274 13 AND ENTERTAIN The Happiest Hours In Town. SPM IO DVMY OIM MM, r. lit h ks ham 10 I\M Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. Jk ANA HOTEL Ifc NASSIM
      274 words
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      Page 13 Advertisements Column 2
      212 13 r NOTICE NOTICE IS HEREBY GIVEN that I, Chng Hiow Kin l/C:*****90/E,120 Arthur Road,#o7-00,Singapore have applied to the Hotels Licensing Board, Singapore,for a Certificate of Registration in respect of premises known as Leisure Inn Pte Ltd at 30&32 Lorong 16 Geylang Road, Singapore 1439, and that any person who knows
      212 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1124 14 City FKgkt ETA Flight ETD Abu Dha W GA975 1125 GA887 1225 Adelaide SQ228 1900 Q F 8 8 8 T21/2 2330 QF5 2000 Amsterd Aucfciam Ml am SQ23 0740 KL840 2150 GA975 1125 SQ24 2300 KL839 1455 I NZ25 1825 BA11 1225 SQ325 2115 NZ26
      1,124 words
    • Article, Illustration
      Don't worry, be happy, take it easy
      702 14  -  POSTCARD FROM BALI By Andrea Borch THE airline sales agent did not have to look at her computer screen; she knew that absolutely every seat on every flight to Bali was occupied from Dec 22 until the new year. Tourists from Indonesia and
      702 words
    • Article
      MONEY CHANGER RATES
      152 14 As at 3pm yesterday: Ijocml dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3770 1.397 Canadian dollar 1.5230 1.5430 NZ dollar 1.0300 1.0700 Sterling pound 3.340 3.360 US dollar 1.7590 1.7690 Local dollars to 100 units of foreign currency Austrian schilling 16.00 17.00
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      71 14 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Jan 19-27 International Germany Stuttgarter (46)711/*****) Feb 4-9 International Netherlands Koninklije (31)3CV*****1 Exhibition For Messe Und Building Nedertandse Caravamng. Kongress Construction Jaaibeun Motoring, Tourism Exhibition Jan 21-24 Middle East Manama. Arabian Exhibition 973/*****3 Feb 7-12 International Valencia,
      71 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      117 14 I K, 4^'I 43 s '"ii"^ *U, /Jv%'! .i\ ,'{p« .QJfc\ i T -.""r-.r^ j; >-^it 4-' r --v :&«ww j., **'i*«trf" '>iWi 'itfrln af *5/ J* JjSt feSflMK'' i r 'It^iS&SKNBB s!**. .y,_ > f- V* It's not surprising. With a network that covers more than 140 destinations in
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      272 14 1 Double the revised rate for HHH M H 9 Go round a wizard place near Malta (4) ill! i 1 I 1 10 Hurriedly inserts a hyphen Ha ■Bl' underwear 12 Quiet composer has lines —bHHH Hi advocate (7) 15 Recalls some scandal about super monarch 16 A standby
      272 words
    • Miscellaneous
      Page 14 Miscellaneous Column 2
      210 14 Singapore Outlook: Occasional showers in the morning and afternoon. Forecast; Maximum temperature 31.6* C Assoc humidity 67% Minimum temperature 23.5* C Assoc humidity... 100% Hours of sunshine 2.85 Rainfall in mm 24.5 Rainfall this month 64.9 Rainy days this month 6 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/18 Windy Bangkok
      210 words
    • Miscellaneous
      Page 14 Miscellaneous Column 3
      18 14 PL oA'n INTO Gioon fN A Big) mp.. &R\S t ou) q C EVENING STANOARD CO. LTD.. IW2-1»1
      18 words
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  • SPORTS
    • Article, Illustration
      Lock icon Graf feels no pressure being No 1
      470 15 Australian Open AFP INCUMBENT Steffi Graf is under no strain from Monica Seles to keep her world tennis crown in the early salvos of 1991. Graf, at the top for a record 179 weeks, cruised into the third round of the Australian Open
      AFP  -  470 words
    • Article, Illustration
      Lock icon His Highness and his stable take a hike
      664 15 NYT THE Sport of Kings has one less king in 1991. At least, there's one less in England, where the Aga Khan has gathered his 90 thoroughbred racing horses and shipped 30 to Ireland and 60 to France in one of the
      NYT  -  664 words
    • Article
      Lock icon They don't always talk about sports
      233 15 AP THE fun and games world of sports began bracing on Tuesday for the serious possibility of war between the USdominated multinational forces and Iraq. Events, athletes and fans around the world were getting ready in case war broke out in the Gulf. In
      AP  -  233 words
    • SIDE LINES
      • Article
        Tada completes second leg of world race
        115 15 JAPANESE sailor Yukoh Tada has arrived in Sydney Harbour, two months and five capsizes after leaving Africa on the second leg of the BOC solo around-the-world yacht race. The 60-year-old Tada celebrated his arrival in Australia by playing his saxophone for the spectators
        115 words
      • Article
        It's time to talk money
        41 15 BASEBALL'S annual salary arbitration season opened on Tuesday when 153 players filed to have their wages determined by an impartial third party. However, five players agreed to contracts before the deadline, including Cleveland catcher Joel Skinner.
        41 words
      • Article
        Girardelli's on a roll
        69 15 YOU can bet on Marc Girardelli winning medals again. After an injury-plagued last season and a slow start in this one, the native Austrian racing for Luxembourg won his second World Cup ski race in three days in a giant slalom in Adelboden, Switzerland, on Tuesday.
        69 words
      • Article
        Vatanen's title for sure
        82 15 ARI VATANEN of Finland now has only to finish to win the Paris-Dakar Rally for the fourth time. After a virtual procession along the 532 kms from Tichit to KifTa on Tuesday, Vatanen. driving a Citroen, remains 2hr 41min 13sec ahead of his only serious challenger,
        82 words
      • Article
        White beats Fisher
        86 15 WORLD No 4 Jimmy White beat four-times ladies world snooker champion Allison Fisher in the quarter-final of the Continental Airlines London Masters at London's Cafe Royal on Tuesday night the first time the opposite sexes have met in a major professional tournament. Fisher made White battle all
        86 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      374 15 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP. M AND IN THE MATTER OP HANDFAST LOGISTICS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of Members Of HANDFAST LOGISTICS PTE LTD duly convened and held at Jalan Senopatl No 86 Jakarta Selatan, Indonesia on 12th January 1991
      374 words
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      Page 15 Advertisements Column 2
      89 15 This evening, dine and dance way above the rest In just 50 seconds, you'll be 6-piece Filipino combo, whisked up 280 metres have you dancing to Singapore's highest on air irst D nn restaurant. Where /< > Charge for non-diners delightful gourmet cuisine |i i a[ Mezzanine and nostalgic music
      89 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Noel plans marketing outlets in 10 countries
      481 16  -  John Tan reports on a family business that seeks a public listing on Sesdaq by forging a global network John Tan NOEL Hampers Gifts, which has the lion's share of the local hamper market, plans to set up marketing networks in 10 countries
      481 words
    • Article
      COPY LINES
      180 16 THE Ball Partnership has clinched two first place Mobius awards for its work for Becks Bier and The Body Shop's anti-CFC campaign. The international awards honours outstanding advertising for television, radio, print and package design and are now in their 20th year. In addition to the first place
      180 words
    • Article
      Lock icon TV reports on Gulf crisis attract more viewers — and advertisers
      523 16 TV reports on Gulf crisis attract more viewers and advertisers NYT TENSION in the Persian Gulf drew more American television viewers to network news programmes last week, setting advertisers to debating whether they, too, should pay more attention to the news. Nielsen Media Research said that the three major American
      NYT  -  523 words
    • Article
      Lock icon Consumer clinics help Ford improve products
      275 16 UPI WHEN the Ford motor company wants to know how it is doing, it often turns to a man named Martin Goldfarb. Goldfarb, a sociology graduate of the University of Toronto, has worked with America's No. 2 carmaker for nearly 25 years, helping it
      UPI  -  275 words
    • Article, Illustration
      Portraits of success
      239 16 TWO local personalities have been chosen as the first to be featured in American Express' local print advertising "portrait" campaign. They are entrepreneur-retailer Frank J Benjamin and maestro Choo Hoey. Mr Benjamin, who has a chain of high-fashion retail outlets named after him, is reputed to be
      239 words
  • Page 16 Advertisements
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  • FOCUS
    • Article, Illustration
      Lock icon Scrambling for damage control
      1185 17 Firms with interests in the Gulf try to limit the effect that a war might have on their bottom lines Financial Times FOR most international companies with export sales to, as well as contracts and investments in, the Gulf, one priority now overshadows all others: to
      Financial Times  -  1,185 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      273 17 au H-i- sEsn THE FLAGS OF THE WORLD UNFURL OVER SINGAPORE I 1 Bemhard linger- Germany Oir Sellherg Su -eden G reg Turner Nw Zealand US Masters Champion Belgian Open (.hampion Australian C.lassie W inner a Captain of the 79V/ Germany Team For the third year running, golf aggregate scores
      273 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market finishes lower on Gulf war jitters
      860 18  -  By Diana Oon JITTERS hours before the 1 pm deadline for Iraq to pull out of Kuwait yesterday dragged the Straits Times Industrials Index down to an intra-day low of 1,146.9 points. But the STII recovered slightly in the afternoon to end the
      860 words
    • Article
      Untitled
      3624 18 1990/91 Tel lMSt Vo1 y Qw*e Div DW YTd Net MCj High Low Code Company Sale +or- (t>00) High Low Buyer Seller Cn P/t- Smil INDUSTRIAL A COMMERCIAL 211 152 t 1000 Acma 164 162 164 100.5 ">on I6S 114 Alex Hides 50* 210 150 6.0 2.6 1.4 38.9 *2.0
      3,624 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      371 19 *Wt "S wr- *r'"~ *y I*t* ;-i X^p*~-' .V providing consistent quality service to all our customers courteously and efficiently constancy trying to upgrade our services and facilities within a highly competitive and specialised 0 and warehidssiHft. usrvieas fa moat anr cnaGomers* jseads P v llll(^^^^^l MR. SIM TENG PENG
      371 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      102 20 Hslß yy j|»ii J^Mflß^, ff H {y*j/ !I sd*~ \j(y iy\r J [\-i* (MfZt If jjj* $Af~ J I I I H H H H I IB- I I r L I li| IF I- 1 U i H I H H I THE SUMMIT GROUP OF COMPANIES I I
      102 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      389 21 Our iTCeartiest I Gongmtulatims to li: I SUMMIT I I TRANSPORTATION WAREHOUSING PTE LTD I I on the Official Opening of its Second SNew HsDarehouse I 1 We are pleased to be associated with you because of your emphasis on: I I 1. Safety awareness 2. Environmental and social responsibility
      389 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      165 22 Our heartiest II Transport Sdn Bhd Tei: 11 I L 1 I Thiam Joo Pte Ltd ThOlig Lee |g I Imperial Drum Manufacturers Pte Ltd Express Snipping y 111 Dovechem Industries Pte Ltd (S) Pte Ltd I I Dovechem Maritime (S) Pte Ltd I I Dovechem House, 19 Tanjong Penjuru,
      165 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3925 23 Main Board PM Hldgs 220 +8 4-3.8% Inchcape 378 +6 +-1.6% (XB( 725 5 0.7% DOB Foreign 600 5 +0.8% ICS 366 +4 +1.1% SPP 25* 39'/i +3Vi 9.7% City l>ev 50* 250 3 1.2% Haw Par 183 +3 Van der Hi Wt 21'/i LVi
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      271 24 Company Date Year Group Mot Mot earnings Cross ami to profit/loss (L) per share dividend COOO) (cents) Iimts Pub Jan 3 Aug 90 $28,013(123.423) 23 0(19 3) 10(9 9) iHSf Dec 24 Aug 90 M$59 /86) 67 2(21 8) 20(18) YILCorpn Dec 17 Jun 90 M$ll.530($7.127) 19(5 4a)
      271 words
    • Article
      PRELIMINARY RESULTS
      195 24 Company Date Ytir Group pre-tax Net earnings Gross mm to profit/less (L) por share dividend (•000) (cents) H leof*. Credit Jan 8 Jun 90 MS35.181 (MS25.440 218(164) 10(10) eonsHwt Jan 2 Dec 89 $182l($356l) -(-> Pacific Can Dec 28 Sep 90 $1.387L($562h) -(0.7) Van dtt Hoist Dec 28
      195 words
    • Article
      INTERIM RESULTS
      298 24 Company Dato Half-year Group pre-tax lirterim ami to profit/loss (L) dividend (•000) Sateras Dec 31 Sep 90 M5462M *****) isetan Dec 28 Sep 90 S10.458(-) -(10) MCB HWgs Dec 27 Sep 90 M$l,333(Sl,319l) —(25) Pea Msia Dec 27 Sep 90 M53.590(5294l) -<-> Ale* Hldgs Dec 26 Sep 90
      298 words
    • Article
      CORPORATE DEVELOPMENTS
      1215 24 Jan 15 Kuwait Investment Office (KIO) has bought a total of 175,000 C&C shares between Jan 11 and Jan 14, increasing its interest to 33.7 m shares, or a 19 23% stake Ihe newly structured R J Reynolds Bhd, a cigarette manufacturing firm, is expected to be listed
      1,215 words
    • Article
      DIVIDENDS ANNOUNCED
      403 24 Current Ex Mis Date Tetal tor Tetal hr payment date dose payable t*e y*ar last year AGS 10*<b) Jan Jan 18 Jan 28 10* 12* AMF? NVA Dec 1* Jan 3 Feb 15 NYA 2 8* hi* St* 126*(b) No* 29 Oec 13 Jan 21 126* 8*TE Am
      403 words
    • Article
      RESULTS DUE
      682 24 Singapore Stocks L*t FuN Yoar Company Penod Date Year Net EPS &o«s Net mmmmai endht (cents) (t» proit last year (S'000) CMB Packafnf Interim Nov 13 Dec 90 29 7 132 11.616(e) BMT interim Jan 10 Jun 91 254 2 150 0 773 Khoru Guan Interim Jan 12
      682 words
    • Article
      BONDS, LOANS & WARRANTS
      799 24 BONDS, LOANS WARRANTS Company Cwwniw ported Cwwrtwi term tor owe ordwar? share C&C Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Low Causeway Wl 2 10 89 to 20 10/94 1 warrant plus $0 77 cash or 1 warrant plus $077 nominal amount of loan stock
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    • Article
      RECORD HIGHS & LOWS
      194 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Ncti: 1059 04 (4/1/91) J}"" 1991 low: *****2 (16/1/91) *91 tow. 149 08 16/1/91 1990 Neh: 1435 43 (16/7/90) }2S 5? S in <1/10 90 1990lo«: 981 07 (09/11/90) J90 Jr ***** U. 10-90 1989 M(h: 1322 00 28/12/89) JJJ
      194 words
    • Article
      APPROVED ISSUES
      108 24 Company Rights Issue Causeway In* Three for four $0 60 per share E»-date Dec 10 Books close Dec 20 Acceptance Payment Feb 1 CAM Five-torfour <<l MS* 00 per share b-date Nov 23 Books close Dec 7 Acceptance t Payment Ian 22 M Mosaics One-tor-one MSI 50 per
      108 words
    • Article
      PROPOSED ISSUES
      339 24 Company Rights Issue Alcorn One-tor two (fL MJ1 00 per share Issue ot 40m Cumulative Redeemable Preference Shares of MJO 10 each at MJ1 per share with 10m detachable TSR Bolt or One for four <„ MJ2 00 per share FAC8 Capital Reduction Scheme to reduce par value
      339 words
    • Article
      COMPANY MEETINGS
      175 24 Cerebos Pacific Ltd: 9th AGM at Room 835. Bth Floor. Mandarin Hotel South Wing. 333 Orchard Road. Singapore 0923 on Thursday. Jan 17, at 12 noon. Asia Pacific Breweries Ltd: 57th AGM at 475 River Valley Road. Singapore 1024 on Tuesday. Jan 22. at 11am Beriaya Corporation (M)
      175 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      91 24 W T4IKSMII, ONLY 600 J J GULF PEACE TALKS COLLAPSE RAFTER SIX HOURS a PHH i am -I lUlUvvO J' vj|| War or peace,UN chief can't tell the world Q HHP 9HThe kiss STOCKS S 'EE IL PLUNGE NEXT? IZIS"' 1 B H 40 DIE IN SOCCER MOT Oi "Tnlitsday
      91 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Late bargain-hunting helps cut losses
      884 25 Bernama SHARE PRICES in Kuala Lumpur closed lower in continued thin and cautious trading amid fears of war breaking out in the Middle East, but some late bargain hunting emerged to lift values from the day's lows, brokers said. The United Nations deadline for Iraq
      Bernama  -  884 words
    • Article
      Untitled
      2972 25 1991 Last Vol Day Net Cap High Low Company Sale WO High Law P/E $mil INDUSTRIALS 179 170 AISB 50* 173 -1 50 174 170 42.2 177.5 342 316 ASM 50« 318 unch 16 320 316 28.4 1305.4 2% 280 Acidchem 284 unch 12 284 280 122.1 255 250 Ajinomoto
      2,972 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      150 25 9 T m UP. LIVING IT f <w sa i| EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw
      150 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks close off day's lows in thin trade
      2009 26 Agencies SHARE PRICES ended weaker yesterday but off the day's low after bargain hunters stepped in following passage of the 0500 GMT Gulf deadline, brokers said. "All those who wanted to sell sold earlier. There's less panic now, and if nothing happens
      Agencies  -  2,009 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      208 26 1 1 Intel's. And our new family graphics, CAI) and database programs by a manufactured by Intel in the world's most doing your calculations on. of Math Coprocessors is faster- factor of five. advanced logic facility, and then tested and So put an Intel Math Coprocessor inside your nA vSp
      208 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei loses 3.32 pc to fall below 22,500 defence line
      2387 27 Agencies TOKYO STOCKS closed sharply lower yesterday hut off the day's lows after a United Nations Security Council deadline for Iraq to leave Kuwait passed in mid-afternoon trade without incident. According to brokers, the state of the market now is
      Agencies  -  2,387 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      322 27 I 1 No Business like Oil Business > Although in its spring years, Singapore's tradf ing market seems to be a gushing well of wealth tor the people in the business. And business has never been better, what with the Gulf turmoil fanning jLf*. 1/I\> L 4 fi J' SJ^f
      322 words
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      Page 27 Advertisements Column 2
      155 27 THE GROWTH TRIANGLE I A Special Business Times Survey February 26,1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of
      155 words
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  • REGIONAL STOCK MARKETS
    • War fears grip Australian shares
      • Article
        AUSTRALIA
        913 28 WAR JITTERS swept through the Australian sharemarket in late afternoon trade yesterday, spurring heavy selling of industrial stocks. Investors dumped transports and base metal miners, stocks likely to be hardest hit by the outbreak of war in the Gulf. "It looks like it's going to be chaos in the
        913 words
      • Article
        MANILA
        487 28 PHILIPPINE share prices closed higher yesterday amid the threat of war in the Gulf after speculators started a wave of buying towards the end of trading. The Manila Stock Exchange composite index firmed 7.15 points to close at 602.26. The combined volume at the two bourses slipped to 923.6
        487 words
      • Article
        TAIPEI
        462 28 TAIWANESE share prices on the Taiwan Stock Exchange slowed their nosediving trend yesterday and slid only modestly as conservative investors held their breath waiting for a possible eruption of a war in the Gulf. Following Tuesday's 238.98-point slump, the benchmark weighted price index lost 36.07 points or 1.1 per
        462 words
      • Article
        NEW ZEALAND
        108 28 THE New Zealand share market, while subdued by the threat of a Gulf war, staged a mild bounce in a handful of stocks and on thin volumes yesterday. Direction over the next day will be determined by the Gulf situation, brokers said. However, they saw fundamental value in
        108 words
      • Article
        BANGKOK
        652 28 BANGKOK share prices declined 0.2 per cent in calm trading on the Thai stock market yesterday in spite of war fears. The Securities Exchange of Thailand index closed at 582.48, losing 1.32 points. Volume remained inactive at 760 million baht (about US$3O million), 214 million baht lower than Tuesday's
        652 words
      • Article
        SEOUL
        769 28 KOREAN STOCKS closed mostly lower yesterday as Gulf war fears gripped the market. Brokers said trade was extremely weak. The Composite index closed at 614.6, down 10.02 points from Tuesday. Only 8.8 million shares changed hands. Brokers said financial shares accounted for more than SO per cent of the
        769 words
      • Article
        Untitled
        1072 28 Close Previous Jan 16 SYDNEY All Ordinaries Index 1,204.5 1,219.4 -14.9 All Industrials Index 1,817.5 1,843.3 -25.7 All Resources Index 730.0 737.0 -7.0 Turnover (million) 53.71 46.38 +7.33 BANGKOK SET Index 582.48 583.80 -1.32 Turnover (million baht) 760 974 -214 JAKARTA Composite Index unav 390.51 MANILA Composite Index 602.26 595.11
        1,072 words
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  • WORLD STOCK MARKETS
    • Trade tapers off as Wall St braces for war
      • Article, Illustration
        NEW YORK
        1191 29 STOCK TRADING slowed sharply on Tuesday as investors waited for any kind of news that would change the almost inescapable conclusion that US troops may soon be fighting in the desert. With little to go on, traders seized on an Uth-hour peace initiative from France as a possible
        1,191 words
      • Article, Illustration
        LONDON
        805 29 WITH THE long-awaited Jan 15 Gulf deadline almost reached, shares were marked down in quiet trading on Tuesday on the London Stock Exchange. At the close, the Footsie index of 100 leading shares was down 9.9 points at 2,070.9. The FT-30 index was down 7.6 at 1,620.3. By 1500
        805 words
      • Article
        FRANKFURT
        289 29 GERMAN share prices were slightly lower in thin and nervous pri-bourse trade yesterday, but traders said they were braced for rumours likely to buffet the market now the deadline foi Iraq to leave Kuwait had expired. Traders said prices were as nuch as one per cent lower. They said
        289 words
      • Article
        AMSTERDAM
        336 29 DUTCH SHARES opened lower yesterday in very light trading as the marked braced itself for a war in the Gulf. At 0945 GMT, the CBS tendency index was down 0.8 point or 1.1 per cent at 75.2, its lowest level since Iraq's invasion of Kuwait. Dealers said trading was
        336 words
      • Article
        ZURICH
        307 29 SWISS SHARE PRICES opened slightly lower yesterday in the absence of war news after the UN deadline for Iraq to quit Kuwait expired. Dealers said investors had taken their positions and trading was mainly confined to professionals. On Tuesday, trading had been very quiet. Turnover fell to 310.5 million
        307 words
      • Article
        PARIS
        224 29 AN EDGY Paris bourse opened lower yesterday, with buyers sidelined by war worries. Slim volume was dominated by arbitrage trade. The CAC-40 index started at 1,443.35, down 13.92 points or 0.96 per cent from Tuesday night's close. Carrythrough selling pushed it down to 1,438.82 at 0923 GMT. "There is
        224 words
      • Article
        MILAN
        177 29 ITALIAN share prices reacted to the expiring of the UN deadline for Iraq to leave Kuwait by easing slightly in nervous trade yesterday. Business was limited largely to position squaring on the final day of the January trading month. "The market is frozen in expectation of what is to
        177 words
      • Article
        BRUSSELS
        172 29 BELGIAN SHARES opened slightly weaker in extremely slow trade yesterday, though brokers decribed the market mood as calm. "Obviously there's abundant uncertainty it all depends on whether there is a war and how long it lasts," one broker said. Bourse officials said no emergency trading precautions were in force.
        172 words
      • Article
        STOCKHOLM
        114 29 PRICES on the Stockholm bourse were steady to firmer in slack early trade yesterday as investors held their breath over whether war would break out in the Gulf or not. By mid-morning, the bourse General index had gained a marginal 0.01 per cent to 809.90, down 37 per cent
        114 words
      • Article
        Untitled
        518 29 Jin IS Close Previous NEW YORK Dow Jones 2.490.59 2,483.91 -6.68 NYSE Financial 116 11 116.29 -0.18 SAP 500 313.72 312.49 -1 23 Turnover (million) 110.0 120.8 -10.8 LONDON Financial Times 30 1,620.3 1,627.9 -7.6 FTSF. 100 2,070.9 2.080.8 -99 Turnover (million) 203.0 214.7 -11.7 AMSTERDAM CBS Tendency Index 76.0
        518 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ moves little in European trade as operators await war
      1250 30 REPORTS IHE US DOLLAR hardly moved in sober European morning trade yesterday after the United Nations deadline for Iraq to leave Kuwait passed. Dealers were poised for fighting to start. "At this stage a war is totally discounted," said David
      1,250 words
    • Article
      INTERBANK FOREX RATES
      387 30 Cross rates Jan 16 USS S$ MS Dm Yen SFr AS NZS USS 1.7650 2.7245 1.5460 136.30 0.5255 1.2870 1.2771 1.6764 S$ 0.5666 1.5436 0.8759 0.7722 0.2977 0.7292 0.7236 0.9498 MS 0.3670 64.78 0.5674 0.5003 0.1929 0.4724 0.4688 0.6153 Dm 0.6468 1.1417 1.7623 88.16 0.3399 0.8325 0.8261
      387 words
    • Article
      MONEY MARKET
      564 30 Interbank rates SS Bid Offer" Overnight 4 4 1/8 1-month 4 9/16 4 11/16 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-1/4 tS$ Bid Offer 7 days 7 9/16 7 11/16 1 month 7 5/8 7 3/4 2 months 7 5/8 7 3/4
      564 words
    • Article
      Lock icon Sterling will benefit most from Gulf war: traders
      681 30 Reuter A GU-F CRISIS flight to high-yirlding currencies has boosted sterling against other European currencies and could pive the way for a further asirnt if war breaks out, dealers and economists said. The Dound rose within the Exchange Rate Mechanism (ERM) of
      Reuter  -  681 words
    • Article
      FINANCIAL FUTURES
      1168 30 SIMEX EUiOOOUiH Cben High Low Sett Est Vol Op/lnt Vol Mar 91 92.62 92.63 9155 92.57 ***** ***** 1744 Jun 91 91.73 92.73 92.65 92.68 3300 ***** 1409 Sep 91 91.62 92.63 92.57 92.59 800 4198 233 Dec 91 91.34 92.34 92.29 92.31 .305 3596 51 Mar 92
      1,168 words
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  • COMMODITIES
    • Article
      Lock icon War expected to depress prices of soft commodities
      478 31 Reuter WAR IN THE GULF is likely to lead to lower prices for soft commodities, grains and base metals, but gold, freight rates and possibly rubber could gain, analysts in London said. Views differ on the initial reaction to an outbreak ot
      Reuter  -  478 words
    • Article
      Lock icon Sarawak to ban export of ramin wood railings
      232 31 Bernama SARAWAK will soon ban the export of ramin wood railings which are referred to as "shorts and squares" by those in the timber industry. State Industrial Development Minister Datuk Abang Haji Johari Tun Abang Haji Openg said the ban, to be
      Bernama  -  232 words
    • Article
      Singapore rubber closes higher in nervous trading
      855 31 REPORTS SINGAPORE: Rubber prices closed steady after an uncertain and nervous session due to fears of a war in the Gulf, dealers said. International 1 RSS buyer was quoted at 154.50 cents a kg, up 0.50 cents from Tuesday's close. The morning trading
      855 words
  • Article
    PRICES
    1441 31 Rubber Jan 16 MS <h» Ul«s) S cents/kg Noon Close Int I RSS Prompt 153.00/154.00N 153.50/154 50N lnt I RSS Feb 91 154.00/154.50 154.50/155 00 Int 1 RSS Mar 155.00/155.50 155.50/***** Int 2 RSS OP 150.50/152.50N 150.50/152.50N Int 3 RSS OP 145.50/147.50N 145 50/147. SON Int 4 RSS OP
    1,441 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      7 31 Executive Jobs every Saturday in Business Times
      7 words
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      Page 31 Advertisements Column 2
      1298 31 BUSINESS^TIMES TELEPHONE 730-5937/5902/5942 FAX 7M*_*jj A Commodity Trading Company seeks a Vietnamese English speaking Executive to be stationed part-time in Vietnam and Singapore. Interested candidates should preferably be 30 45 years of age with knowledge of general commodity trading The person must be able to represent an International company at
      1,298 words
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  • Article
    Institute of Micro-electronics to be launched
    412 32  -  First phase of project to cost $40m By Claire Leow A NEW HIGH-LEVEL institute for advanced engineering will be launched in April to focus on market-driven, applied research. The Institute of Microelectronics will serve as Singapore's central facility for enhancing its industrial capabilities in
    412 words
  • Article, Illustration
    Latvian barricade stands expectant
    60 32 Residents of the Latvian capital of Riga making their way through a makeshift barricade of trucks and tractors in anticipation of a Soviet army assault on Tuesday. They spent a third night on the streets, huddling behind hundreds of fires and dozens of barricades set up
    60 words
  • Article
    Lock icon Analysts fear war will unleash Arab backlash
    425 32 Reuter WAR in the Gulf, now looking almost certain, could lead to political turmoil and anti-Western violence in the Arab world, Western and Arab analysts said yesterday. The veteran journalist Mohammed Hassanain Hcykal, an aide to the late Egyptian President Gamal Abdel Nasser,
    Reuter  -  425 words
  • Article
    Added touches to Architects Bill
    851 32  -  The Bottom Line By Ken Lou The writer is a local architect PROFESSIONALS will be getting more professional. This is the nub of the government's move to amend certain parliamentary statutes to, in essence, allow allied professionals to become shareholding directors of architects firms. It
    851 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      103 32 Nikon The World's Finest Photographic Systems ejt my^W V% Wv <3 m 6ERRUTIIBBIITOW39 LADIES' HOUTIQUK HUgiTUOH 2HICIAJ #02-<i! Wisma Atria, CVhard K<>;iJ Td: 7H 18H6 MHN'S BOUTIQUKS KIUgiTUOH B'HHM *01 I S The P;irat«iKi, IVi hard Ro;kJ Tel: 1 '#>SS #02 S4 hO \XVma Atria. iVi hard Ro.kl Ti l
      103 words
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      Page 32 Advertisements Column 2
      329 32 Nikon The World's Finest Photographic Systems vSt >' 5V •V >_• m j. mm .*>. -y f v* J v NOW OPENED AT ORCHARD TOWERS Linflil VEGETARIAN RESTAURANT Tunc Lok Group of Restaurants' latest extravaganza in exquisite dining comes in the name of LinflZhi Vegetarian Restaurant, now opened Long renowned
      329 words
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  • Shipping Times
    • Article, Illustration
      Greenseas suspends S'pore-Madras service
      416 33  -  By Dexter Lee BESET BY a host of operational problems which led to substantial losses, local shipowner and operator Grecnscas Shipping has suspended its Singapore-Madras passenger liner service after just one run. Sources said that the company's 800-passenger vessel, the M V Vignesswara, ran afoul of
      416 words
    • Article, Illustration
      Call to small warehouse operators to modernise
      416 33  -  By Selva Kumar SMALL warehouse operators have to modernise their facilities to remain viable in the fast growing storage and distribution industry. "With more modern warehousing and distribution centres such as the Keppcl Distripark coming onstrcam in the next few years, smaller warehouses
      416 words
    • Article
      Lock icon Vessel hits crane at Bangkok port
      167 33 AFP A TANKER vessel rammed and toppled a gantry crane at Bangkok port causing US$B million worth of damage, a Port Authority of Thailand (PAT) official said. The vessel, belonging to Jardine Matheson and Son (Thailand) Limited, ran out of the water channel in
      AFP  -  167 words
    • Article
      Lock icon Ipoh to start shuttle train service
      283 33 Bernama THE IPOH cargo terminal, after achieving remarkable success in its first year of operation, is taking steps to further increase traffic through the inland port by introducing a weekly shuttle train service between Port Klang and Ipoh this month in addition to the
      Bernama  -  283 words
    • Article
      JPA takes over box terminal management
      350 33 THE JOHOR Port Authority (JPA) has taken over the management and operations of its container terminal from its contractor, pending a privatisation exercise which is expected within months. JPA's general manager Yahya Abdul Ghani told Business Times that the port, which he described as
      350 words
    • Article
      Worldspan says office here reflects commitment to Abacus
      250 33  -  By Rahita Elias US-BASED Worldspan Global Travel Information Services has set up a representative office in the Republic. Worldspan, which develops and markets global computer reservations system for the travel agency industry, set up the local office in November last year. Mr
      250 words
    • NEWS ŚUMMARY
    • LOG BOOK
      • Article
        BA stops taking cargo from Athens airport
        103 34 BRITISH AIRWAYS said on Monday that it had stopped taking cargo from the Athens airport, saying it had poor security against possible terrorism. Separately, Lord Brabazon, Britain's Aviation Minister, said that in case of a Persian Gulf war, British carriers would be prohibited
        103 words
      • Article
        Resignations at Nedlloyd
        53 34 NEDLLOYD announced on Tuesday that deputy chairman RB Lenterman, would resign effective from Feb 1. Last week the company said Theo Oostinjen, one of two top managers of its Nedlloyd Lines container shipping division, would step down later this month. The resignations came in the midst of
        53 words
      • Article
        Indian Airlines plane turns back
        59 34 AN INDIAN Airlines Airbus 320 returned to a New Delhi airport on Tuesday after the plane developed a technical snag while on a flight to Pakistan, a company spokesman said. The Airbus took off on a Delhi-Karachi flight with 27 passengers on board, but returned
        59 words
      • Article
        Virgin gets four BA flights
        74 34 BRITAIN'S Civil Aviation Authority (CAA) has awarded Virgin Atlantic Airways four of British Airways flights to Tokyo. The ruling means BA will operate 26 weekly flights to and from Tokyo's Narita airport instead of 30. The CAA said the move was aimed at increasing competition
        74 words
      • Article
        PIA suspends some Gulf flights
        50 34 STATE-OWNED Pakistan International Airlines (PIA) suspended flights to six cities in the Middle East from yesterday because of fears of war in the Gulf. The cities are Riyadh, Dhahran, Bahrain, Amman, Doha and Damascus. Scheduled services to Jeddah, Dubai, Abu Dhabi and Muscat would continue.
        50 words
      • Article
        Telefonica submits sole bid
        42 34 SPANISH state-owned Telefonica de Espana said it submitted the sole bid for the privatisation of Puerto Rico's telephone network. It said it bid for long distance services, cellular phones and telephone manufacture and repair company Compania Telefonica Hispanoamericana.
        42 words
      • Article
        Pay freeze at Continental
        48 34 CONTINENTAL Airlines said its pilots agreed to a pay freeze through December 1991 that will result in substantial savings for the company. The pilots also agreed to defer gain-sharing payments that award them for flying their aircraft more efficiently, Continental spokesman Art Kent said.
        48 words
    • Article, Illustration
      Lock icon Seeing red over 'Yellow Page' rivals
      1386 34 With the general decline in shipping, competition among salvage companies is becoming keener than ever, giving rise to the 'Yellow Page' salvor. Lloyd's List examines the new competition Lloyd's List Lloyd's List IN RECENT years the maritime community has seen an increasing trend in
      Lloyd's List  -  1,386 words
    • Article
      COCKETT BUNKER MARKET REPORT
      963 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      963 words
    • Article
      THE SHIPPING GUIDE
      13211 42 This is a list of ships loading Fe at Singapore for ports around j* the world. It tabulates, by Lu destination, the name of the 9. ship, the shipping line involved and the estimated 6. dates of arrival and departure from the Port of Singapore. Advanced dates
      13,211 words
    • Article
      SHIPPING AGENTS
      3261 47 AbC Containerline NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: alsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,261 words
    • Article
      COURIER SERVICES
      247 47 Abacus Couriers Tel: 545-8011 Fax: *****98 Air Express I ravel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844 Fax: *****16. *****80 Airswift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax. *****75. C ity-1 -ink International Tel: 344-3377. Fax: *****50. luster Unk
      247 words
    • Article
      AIR FORWARDERS
      1483 47 Abex Express Freight Td: 542-7171. Fax *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aeroliak Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,483 words
    • Article
      PORT CONDITIONS
      2587 48 ARGENTINA Sun Lorenzo: Two vessels loading pelletized meals; 1 vessel in roads awaiting shippers' orders to load sunflower seed. Rosario: Two vessels operating of which 1 loading pelletized meal, I loading by-products; 2 vessels berthed in ballast awaiting orders. Villa Constitucion: Two vessels in port of which 1
      2,587 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      569 48 SHIP SALES TANKER RATES Reuter AFP GREEK interests have agreed USS3.4 to USS3.B million en-bloc for the 1970-built Chinta, bulk carrier of 26,769 dwt, and the 1972built Aquarius, tweendecker of 16,008 dwt. VESSELS SOLO FOR FURTHER TRADING Balk carriers Alberni Dawn: 31,247 dwt and built 1980, sold to Norwegian interests
      Reuter; AFP  -  569 words
    • Article
      AIR FREIGHT SCHEDULE
      547 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0220 I SEL KAL KE697 B747F 0450 1 BKK NCA KZ203 B747F 2005 I NRT SIA SQ822 B747F 0540 2 BOM/LON FDX FM75 B747F 2235 I ATL/BOS/JFK/ ANC/NRT/TPE
      547 words
    • Article
      CRUISE & FERRY SCHEDULES
      329 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dtp N—cofVwd ETA ETD Port Aft Porta of Calls JANUARY 19 19 Ocean Peari 0700 1900 Reefer Lines P Sepa-Sin-P Klang 20 21 Song of Flower 1100 2300 Neptune Agencies Phuket-Sm-Penang 24 24 Ocean Peari 0700 0300 Reefer Lines Penang-Sin-Bali 26 26 Sea Goddess
      329 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      491 33 S| I SWEEHENG METAL CO PTE LTD I No 13, Tubs Avenue 14, SPORE 2263 FAX 861-2946 H SotoAfffln; RSPOB7O SHMCPUH Commercial Cleaning J rj Eauipment Industrial Maintenance Equipment Also buy,se> rental repair I I SinaaPort "91 International Conference ffik* fc C Jinguron T for the Maritime Industry iXul ff
      491 words
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      Page 33 Advertisements Column 2
      51 33 A* Forwarders 15 A* Freight Schedule 16 Coctoett Report 2 Contarer Schedule 17 Couner Services 15 Cruse Ferry Schedules 16 Daly Fraghts 17 index to Advertisers 3 Port Corafctiom 16 S»wng Agents 15 Shppng Gude 10,11 Shpsates/Tanher Rates 16 Shps m Port 17 Singapore Tides 17 Neither and Sea Condrt»ns
      51 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      90 34 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      90 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2092 35 ~JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 OS Souttipoint. Singapore 0208 All If# Tel *****11 TELEX NO 241/9 Vffrmv TERMINAL CFS let *****18 220 rCouflin BOOKINGS Tel *****34 235 L \FFfw A *SAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO MA***** MA***** PENANG TEL *****4 TELEX
      2,092 words
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      Page 35 Advertisements Column 2
      936 35 MDEX TMDVERTISERS P««e Col Col lA| I M ABC" Containerline 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macotine 18 2/3 Albatros Sea-Air 14 3 •MaerskLine 3 4/5 APL 5 3-5 MISC 14 1-3 APC Line 13 4 M sia Shpg Corp <) 1/2 Arrow Lines 9 5
      936 words
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      Page 35 Advertisements Column 3
      2153 35 mamsEsssm NEXT SAILING TO U.S.A. METTE MAERSK V.9102 ETA SIN 22/1/91 Vessel Voy ETA I ETO "Port *Penar»g DESTINATIONS Singapore Keiang This Merle Uwrtk 9*02 r«fdef by »/i (woo has m Farco a HHIHHH Mi MMHHHUH CFS 21/1 2359 MRS M Tauro OAK IGB HCHJ MEM ATL MtA CMS BAL
      2,153 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1238 36 ROTTERDAM VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BRFMERHAVEN ANTWFRP LE HAVRE BENAVON ***** 22/1 8/2 10/2 13/2 MONTE ROSA 11.507 24/1 18/2 12/2 11/2 17/2 KASUGA 13/511 27/1 13/2 15/2 18/2 BREMEN EXPRESS 01/510 31/1 25/2 19/2 18/2 24/2 LIVERPOOL BAY 03/514 3/2 20/2 23/2 25/2 KATSURAGI 04/513
      1,238 words
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      Page 36 Advertisements Column 2
      497 36 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J. BONTANG 21-2H/I 912 11/2 l«/ 2 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP CALL AO SAN (PERU) ANTONIO L J BONTANG 21-28/1 1/3 2/3 5/3 6/3 7/3 Call
      497 words
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      Page 36 Advertisements Column 3
      1518 36 SJBWm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA MUBARAK 3046 3 21/01 26/01 10/02 15/02 16/02 17/02 18/02 19/02 21/02 NORASIA AL MANSOORAH 9047-3 28/01 16/02 17/02 21/02 22/02 23/02 24/02 25/02
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      Page 37 Advertisements Column 1
      1671 37 i r jmgj m j —gSteamers Maritime Holdings Ltd WP&O I 1 Hi STRAITS SHIPPING! Containers BLm CTBBiBBtCTJBjHiBBBHWHWHBBIiriCT Vo» No PHtaKi Spore S'ton H't«,r| B'hjwn (fdam If* .rriort mil ua< KNAION J8 5U »BAR-1701 22t)l 08.02 HOT 12,® utrl> uul W LI MONTE WSA 11 507 BAR 17,<01 24,01 18.QT
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      Page 37 Advertisements Column 2
      1703 37 TO: EUROPE TO: FAR EAST PANAMA UNATC* *fl« »1 JvT J* £jg W CHOTAHC PAW tilt S?* 1 uTI ETl° M? Jvi f UHOPIAN SfNATOft WfVU W 13 J 11 Jj HAJJJIW OAWA*D Mil 71/1 Mil »1 2*l llfl CHOTAHC FMMTKR WFIB U/J t] M £3 „T, CMOYA*C ClO«» «OT
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      Page 37 Advertisements Column 3
      370 37 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL S£KI COSMIC ORANGE ORANGE PINE PIONEER OCEAN MOON VOY NO 25 11 95 9 Sport K/l 24/1 27/1 30/1 P Kelang 25/1 27/1 W Penang Tangon Mongla Chittagoog Calcutta Yokohama Nagoya Osaka 17(2 Senboku Hochtminh NOTE ALSO CALLINC OTHER JAPANESE
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      Page 38 Advertisements Column 1
      715 38 Hi CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY I S PORE RDAMiADAM H BURG BREMEN ANTWERP MAT ARAM.2BWB »/l 1/3 13/3 16(3 20/3 TRIAS UNITY oeewß 4/3 M 12/4 "I* 214 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO 9ub|ect to Inducement Also accepting cargo to Casablanca. Port Said.
      715 words
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      Page 38 Advertisements Column 2
      937 38 ®l I HANJIN SHIPPING I I FEEDEIt VSL SIN LINE HAUL LAX OAK H c OTli HANiIN OAKLANO 0121 21/1 l J}, JX H Spore LEM RTM ANR HAM BRV rtl CHOYANG GLORY 0021 211 M POHANG 10b£ 18/2 20/2 H HANJIN SEATILE 016* 20 1 12 82 9/2 »2
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      Page 38 Advertisements Column 3
      161 38 /T UkU HUAT SHIPPING "V CO., (PTE) LTD. 10 Anton Road, #14-19/20 International Plaza, V Singapore 0207. FAX: *****94 Tela: *****11/*****22 Tlx: RS ***** AB LENHUAT DAILY RECEIVING CARGO AT MARINA WHARVES CON MOi TEL *****19 AND P2 TEL 47*497 TO INDONESIA VESSEL ETA ETO DESTINATION HONG WOON In Pt
      161 words
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      Page 38 Advertisements Column 4
      1360 38 ]d■ IH "T3"EP"^fc I PKL SCP HKC use KLC PUS HKT OSK NGT SM2 TYO LAX CHS BAI NYC IHV AN* ROM TNP HOC PSO CM PKL SCP I E GENTLE RE 031 21/1 20,1 24/1 »1 »,1 1/2 2/2 1/2 4/2 IV2 27/2 1/3 2/3 12/3 13/3 14/3 143
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1557 39 g NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: V UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE *****48". B TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS K27 —IMPORT. *****69/*****50 CFS: K27 EXPORT: *****53/*****04 KX P (o3) E 26l^^ H |^K?tanj^(C§) A
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      Page 39 Advertisements Column 2
      1075 39 SINSOV 1 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) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VOYAGE SPORE |M»I>IK| HKOWt" VOYACE SPORE PKIAWC HBURG BHAVEN TIIBURY ROTT
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      Page 40 Advertisements Column 1
      1323 40 Q K LINE KAWASAKI KISLN KAISHA. LTD. f EXPORT N. AMERICA PACIFIC SOUTH-WEST— j IMPORT W. AMERICA PACIFIC gOtTOHMIL 7 /®S rs rsf 7 /=.k» rs?&ss H" flTl LIONS GATE BRIOGE 13 23.1 241 26,1 BMP*LVN BMME 37 '2 20 2 212 252 I J JWWY *iBWOtt j, 1(H jg/l
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      Page 40 Advertisements Column 2
      1176 40 PHIII-ORI€NT UN€5 PTC LTD 106 ROBINSON ROAO #0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 19 JAN MONTREAL, OTTAWA, TORONTO, SSK™ ONTAR 91 lAN SnnA A
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      Page 41 Advertisements Column 1
      1504 41 1 iiiroa| IHUI9UAJ onuuMij PACIFIC INTERNATIONAL LINES (PTE) LTD Jg Jfl KV P»L Building, 140 Cecil Street *03-00, Singapore 0106. 1 JAKARTA H 1 BANGKOK "3 ED€N CL 9103 19/1 an 2*l as. 21,1 25/1 IPEGASUS PIONEER 118N 2WI 23/1 27/1 EDEN 9104 25/1 27/1 31/1 GLORY 9103 24/1 27/1
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      Page 41 Advertisements Column 2
      952 41 BEN LINE CONTAINERS LTD V 200 Cantonment Road Tel: *****22 #13-05 Southpoint m iLm Fa*- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VQY SPORE P KLANG SHAMPTON HAMBURG BHAVEN RDAM LHAVRE Benavon 98/508 22/1 Via BAR 7/2 10/2 12/2 Monte Rosa 11/507 24/1 18/2 12/2
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      Page 41 Advertisements Column 3
      336 41 M MYANMA M FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI66W 11/20 Jan HPA AN VIS9H 2217% Jan 1 MNTA VUJW 24fit Jan 'jg% THE BANK UNI (A service of Andrew Weir Shipping) \T SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
      336 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      815 44 fl^^BEQ^Kt INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG SACHSEN WMIO4 In Pt 12/2 11/2 14/2 13/2 10/2 PARIS SEN WflOS 11/1 10/2 1/2 2/2 11/2 MECKLENBURG WMIOS 25/1 23/2 22/2 25/2 24/2 20/2 PANAMA SEN HFIO6 30/1 24(2 22/2 21/2 24/2
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      Page 44 Advertisements Column 2
      1071 44 TEL: *****88/*****22 loading for VESSEL SPORE CBO DSN BAiRES MVIOtO RIO STS VIT PACUA OUR CONSOLIDATION SERVICES TO: TwSJ" 11,3 w"* m 4/5 DISCHARGING FM BRAZIL EUROPE I VESSEL I SPO«E HKG UNI KEE YOK NCO KO« V MSOI 1 VI 11/1 U>) I*l 101] 21/01 a 27/01 LONDON ROTTERDAM
      1,071 words
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      Page 44 Advertisements Column 3
      150 44 |Vit JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 19/1 I 26/1 I TOKYO VH I 20/1 PORT KELANC 18/1 2S)I KOBE »/l i 27/1 PENANG 18/1 A 25/1 NAGOYA 20/1 I 27/1 MANILA 17/1 i 19/1 YOKOHAMA 20/1 i 27/1 BUSAN 17/1 21/1
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      Page 44 Advertisements Column 4
      1274 44 t S is if is 4- fl S8? CHINA OCEAN SNIPPING COMPANY FULL CONTAINER LINER SERVICE p 2. MISTRI ROAD, HMC BUILDING TELtx ZWSLUimr #15 00. SINGAPORE 0207 [J* CR NO **********0* CABLE COSTARLINE General Agents: COBTAE WgWWB PTE LIP tdSoPfL FROM cuwopg VESSEL/VOT SO FIX HOT HAM ANT DKK
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      683 45 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA IPI Destns 18/1, 25/1 I i EUROPE all Ports 19/1, 22/1 BANGKOK 19/1, 23/1 HONGKONG/CHINA 18/1, 22/1 SYD, MEL, ADEL, BRIS 21/1, 28/1 FREMANTLE 18/1, 25/1 MANILA 18/1, 25/1 PKLG/PENANG 17/1, 26/1 Port Kdang Branch Tat: *****21/2/3 Fax:
      683 words
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      Page 45 Advertisements Column 2
      244 45 SSnHCHnELTMARINE AGENCIES (S) PTE LTD j &t TEL: *****33 (12 Llnoo) m FAX: *****15/*****03 P3 TELEX: R3 ***** RISHIP (3 Llnoo) PH ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEI VOV ETA IIOAWNQ FO« SPORE ABBAY WONZ 77V»8 MS DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA MET
      244 words
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      Page 45 Advertisements Column 3
      764 45 MASKAPAI PELAYARAN P&PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE I I TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS OF S POPE. INDONESIA, I CARGO TO ALL DESTINATIONS WE SERVE FOR BOOK INGS CALL SPECARGO I FORWARDING AT TEL: *****55 SERVICE rvSL VOY SIN JKTPAJSIN I OKUNOZE lOS 18/1
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      Page 45 Advertisements Column 4
      1068 45 CR NO 103y8»J0Q0t BANGKOK CEBU/MANILA [VESSEL r JyOY SINGAPORE BANGKOK VESSEL VOY S PORE CEBU jENLINK 40N Fn 11/1 Mon 21/1 KITI BHUM 03 B 111 ?4 1 r SIAM PAETRA#* 61N Sat 19/1 Tue 22/1 SO. STAR 04A 24/1 30il MAHA BHUM# 43N Sun 201 Wed 23/1 KITI BHUM
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      1169 46 Im. m mac-nels Singapore EXPORT TEL: *****22 [IiPOIIT TEL Z*****2~|l PENANG TEL (04 *****6 KK TEL (008) *****0 TAWAU TEL (089) 7/86/9 I I P KELANG TEL (03)*****77 KUCHING TEL (082)*****3 SKAN TEL (089) *****2 ll~IV"/\~ jj BAHRU TEL (07)*****2 SIBU TEL (084)*****2 LABUAN TEL (087)*****9 I JAKARTA TEL (21)*****32
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      Page 46 Advertisements Column 2
      411 46 fjECfc BLUE STAR LINE !E^ r SINGAPORE TO (jNEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LYT MANDAMA OSM In Port 21 J»n Via
      411 words
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      Page 46 Advertisements Column 3
      969 46 /381 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL IvtT I ETA IdEST VESSEL MT ET* BEIT KIM SOON LI 03/91E 24
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  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      521 49 Vessel ¥oy No Berth km* Departure Vessel Voy No Berth Arrival Departwe Keppd Wharves Cs Ocean 68 K34 alongside 20 01/0800 Kota Bertan 2/91 K31 alongside 1601/2300 Kota Ratna E«83 K32 alongside 1701/0600 Roseeverett 9W K30 alongside 1601/1830 Baiymshan 1/91 K32 1701/1200 23 01,1500 Bayswaterll8 ****** K31
      521 words
    • Article
      CONTAINER SCHEDULE
      1297 49 RECEIVING Of EXPORT FCL CONTAINERS AND La CARGO Record Bookinf/Batonce (Mb Ship toy No Etb/Btr Period Fran To From Aiu Bhom 456N 17/1700 1 16/1500 16/1659 16/1900 Anson 0069 IN 19/0900 4 17/1200 17/1459 17/1700 Arabian Sea 043E 17/1500 1 16/1500 16/1659 16/1900 Afoaa 523 18/0800 1 16/1500
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    • Article
      IN MALAYSIAN PORTS
      233 49 Penang Port Butterworth berth on Jan 17: 1: C Gregli;2 Bangkhunprom, Malayan Success; 3: Seng Hing, Globe Emerald; 4: ml; 5: Bunga Seroia, 6: Sea Ranger Penatif berth: NB Victory. Deli Lestari; CB KK Mersuii. SB: Song of Flower. BCT: Bl: AJconbus; BH: Meres: l/B ml. VOTP:
      233 words
  • Article
    DAILY FREIGHTS
    1107 49 CHARTERING on the dry cargo freight market was fairly routine on Tuesday although the key US Gulf to Europe grain route was hooked at a firmer rate, brokers said. The USS 13.50 basis heavy grain rate paid equates to around U5515.15 for light grain and lifted the relevant
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      446 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 *****100 ******************** 1700 *****900 2000 2100 *****300 JR 23 25 24 20 16 13 1 1 L 2 15 19 25 30 32 30 2 7 2.1 15 10 07 05
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  • Article
    Lock icon Eastern tries to play down liquidation report
    486 50 AP EASTERN Airlines sought to play down a report that it could be nearing a shutdown and liquidation, saying it is negotiating with potential investors after completing a reorganisation plan. The new plan could allow a restructured Eastern to emerge from bankruptcy, officials
    AP  -  486 words
  • Article
    Lock icon Indon phone firm seeks private investment
    248 50 Reuter INDONESIA'S state-owned phone company, strapped for cash and unable to meet a huge demand for telephones, is asking private investors to help. Cacuk Sudaryanto, director of Perusahaan Umum Telekomunikasi (Perumtel), said the country needs to more than quadruple the present 1.3 million lines.
    Reuter  -  248 words
  • Article
    Lock icon UK-US aviation talks break down
    210 50 NYT TALKS between British and US aviation officials broke off on Tuesday, leaving unsettled whether American Airlines and United Airlines would be able to fly into Ix>ndon on routes purchased from TWA and Pan Am. A US Transportation Department official said the talks had made
    NYT  -  210 words
  • Article, Illustration
    Lock icon Call on airlines to help ferry medical aid to Gulf
    331 50 AFP UNITED NATIONS disaster relief coordinator Mohammed Essaafi warned on Tuesday that there were no longer sufficient aircraft to carry UN medical supplies to the Gulf under the terms of a plan adopted last week. Relief organisations have indicated that
    AFP  -  331 words
  • Page 50 Advertisements
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      Page 50 Advertisements Column 1
      406 50 CHARTPOINT Every Saturday in Business Times PT. PELAYAHAN. SAMUDRA AGUNG KUALA SIAK IV 17/1 BATU AMPAR/SEKUPANG/BATAM KUALA SIAK 111 22/1 DUMAI/PEKAN BARU ABADI JAYA 24/1 PEKAN BARU/DUMAI KUALA SIAK V 25/1 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting
      406 words
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      Page 50 Advertisements Column 2
      673 50 JkHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNP TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI INNOVATOR ST" 23/1 31/1 18/2 21/2 24/2 23/2 HYUNDAI CHALLENGER 37W 11/12 21/12 24/12 11/1 23/1 HYUNDAI PIONEER 38E 2/2 7/2
      673 words
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      Page 50 Advertisements Column 3
      653 50 [CHARTPOiNT I Every Saturday in Business Times iFMfer Iron |V* PUG «tt Itotlwr M |Vo» SIN I LAX OAK NOU DAI CHI,' NOR MEM NYC ■iiirt'i cot AKA BMUM V 4MH 11/1 AUICATCM TWIUMPW 710*7 21/1 ll)i IM U|i 13,7 1M U/? IV? OUR USA I AM mull V4SM »1
      653 words