The Business Times, 4 February 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Monday February 4 1991 15*
    10 words
  • NEWS SUMMARY
    • 81 1 GERMAN Finance Minister Theo Waigel said yesterday that the global political situation makes tax increases necessary this year, possibly as soon as in July. He told Hesse radio that the government would work on a tax plan for the next four years
      81 words
    • 30 1 THE formation of a Bangkok plant for AT&T Consumer Products last year has released its local facility for new technologies and higher valueadded products Page 2
      30 words
    • 36 1 THE QUESTION of Malaysian workers in Singapore not being covered by the Republic's Central Provident Fund should be seriously taken up by the Malaysian government, says the Malaysian Trades Union Congress Page 7
      36 words
    • 26 1 AMERICAN President George Bush will send Congress a US$l.4 trillion fiscal 1992 budget with a US$2Bl billion deficit, say sources in Washington Page 8
      26 words
    • 27 1 THE European Commission has agreed on a blueprint to reform the 12-nation EC's hallowed farm policies and stave off" financial disaster. Page 8
      27 words
    • 36 1 ONE THING which several dozen experts at the current Annual Meeting of the World Economic Forum in Davos agree on is that 1991 will be a difficult year for the world economy Page 10
      36 words
    • 26 1 COMPENSATION consultants report that manufacturing companies, whose executives have come to expect income stability, are adding risk to their compensation systems Page 13
      26 words
    • 17 1 CAMBODIA'S Angkor, one of the world's greatest wonders, is under grave threat. Page 17
      17 words
    • 23 1 REGULATIONS on the use of inshore traffic zones have been amended by the International Maritime Organisation. Shipping Times Page 1
      23 words
  • MARKETS SUMMARY
    • 33 1 SINGAPORE-incorporated LK-Nes, a subsidiary of Ma-lavsian-listed Kemayan Oil Palm, is aiming to increase its turnover by nearly 50 per cent this year after sutTering a slowdown last year Page 3
      33 words
    • 22 1 THE MINORITY shareholders in suspended firm Estate Finance have been advised to approve its acquisition by Asia Standard Page 4
      22 words
    • 27 1 HONGKONG'S richest man, Li Ka-Shing, has stunned the colony's stock market with his sale of about 13.8 per cent of Kumagai Gumi Page 4
      27 words
    • 34 1 THE ADVISER to striking New York Daily News unions says he has discussed a potential partnership between the unions and Maxwell Communications Corp to buy the embattled newspaper Page 5
      34 words
    • 31 1 TRANS WORLD Airlines Inc says it is withholding payment of about U5575.5 million in debt payments but says it does not intend to file for bankruptcy Page 5
      31 words
    • 43 1 RECENT ACTIONS by the Bundesbank and the US Federal Reserve cannot mask the fact that a world shortage of savings rules out any significant cut in real rates in the short or medium term, say analysts Page 6
      43 words
    • Article, Illustration
      26 1 Frida) Change BT-MGA 613.49 +2.03 Kuala Lumpur ....Closed Hongkong 3,223.49 -19.81 Tokyo 23.156.70 -136.44 Sydney 1,301.8 -19.6 New York 2,730.69 -5.70 London 2,165.7 -4.6
      26 words
    • 19 1 Exchange rates USS SSI.7270 Yen SSI.3158 MS SSO 6403 Money market rates Overnight 4 -3/8 3-month 4-5/8% -1/16
      19 words
    • 16 1 London GokJ AM fix USS367.95 -USS1.65 Rubber S'pore Feb 147.00«/kg +1.50 M'sia Feb 231.50«/kg unch
      16 words
  • 388 1  -  UOB and OUB are also in on the development in Bintan By Elaine Koh STRAITS Steamship Land together with United Overseas Bank and Overseas Union Bank are joining the billion-dollar resort project on Bintan island, for which a memorandum of agreement was signed
    388 words
  • 365 1  -  By Chuang Peck Ming THE OUTLOOK for management consultancy looks good with revenue of $342.8 million expected next year, according to a survey. Commissioned by the National Productivity Board, the survey indicates that the industry can look forward to further expansion in the near future.
    365 words
  • 383 1 THE GULF mm Agencies THE Gulf war entered its 18th day yesterday with the American and its allies saying they have won the battle against Iraq aI sea and in the air and are now concentrating on ground forces. But a
    Agencies  -  383 words
  • 116 1 Reuter IRAQI LEADER Saddam Hussein is a "distraught man who is being treated with tranquillisers by three doctors, says General Norman Schwarzkopf, commander of the American Gulf force. "We have several reports that Saddam is a very distraught man, that he has three doctors treating him
    Reuter  -  116 words
  • 388 1  -  By Genevieve Cua HIGH BUSINESS costs, coupled with a strong Singapore dollar, are eroding Singapore's competitive position vis-a-vis other newly-industri-alising economies, said a Hongkong-based consultancy. The Political and Economic Risk Consultancy (PERC) also pointed to high business costs as the common thread between the economic
    388 words
  • 197 1 Reuter THE UK government has no plans to ban foreign stateowned companies from acquiring British companies, a British Department of Trade and Industry spokesman said in London yesterday. The denial follows a report in The Independent on Sunday, which suggested legislation
    Reuter  -  197 words
  • Page 1 Advertisements
    • 217 1 Protect f Your Eyes. w ~l\ Built-in K Inverter promts light flickering. fj Nati«lnurtrr "I mv~¥ vr" I jhk* I amps arr sptx iallt (k-NigiH-tl f«»r: JL •AnhilciKlVMijikfN t Mlkc M I Klt»f\ •Ki ulltH! Mlkhlll|i iovi«v«" |f \H IKOM'KOOII IsriM II) \U» \v v \<Hl\MttM «Hi haul K. kkl
      217 words
    • 20 1 Kaifu's decision to come under heavy opposition fire. Back Pg Gulf states could lose USs6oom in fish exports, Pg 9
      20 words
    • 135 1 Bringing the small business round to accepting consultants, Pg 13 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. You can't afford to be late. So, wouldn't you
      135 words
    • 20 1 /Ml iThejOriSnatoiigKCultured Pear-1« C. T. HOO #01-22 Tanglin Shopping Centre. Tel: *****47 27. Tanglin Rd. Singapore 1024. Tel: *****43. *****53
      20 words

  • HOME NEWS
    • NEWS ROUNDUP
      • 86 2 SINGAPORE will consider scrapping the Internal Security Act if Malaysia were to do so. Deputy Prime Minister Lee Hsien Loong told Malaysian journalists recently. BrigadierGeneral (Res) Lee had been asked why the ISA was still needed as the Communist Party ot
        86 words
      • 90 2 SINGAPORE motorists driving into Malaysia will, from today, have to ensure that their petrol tanks are three-quar-ters full or risk being fined. The Bill was passed by Parliament last month to deter motorists from travelling across the Causewav to fill up their tanks and thus undermine
        90 words
      • 51 2 THE Singapore Zoological Gardens will invest $10 million in projects this year. In an announcement last Saturday, zoo officials said the investment includes a $5.7 million children's world which will feature a 1,000-metre miniature railway system and an underwater viewing exhibit ot sealions and
        51 words
      • 70 2 ESSO is raising its pump price for 98 octane leaded petrol by 15 cents per litre from todav. The increase is due to higher government duty for leaded petrol. Esso, however, is not raising its price for unleaded petrol. Oil majors Caltex, Shell and Mobil
        70 words
      • 55 2 A HIGH-LEVEL conference on competition in the European and Asia-Pacific air transport markets begins today. The two-day conference, organised by the Airports Association Council International, will tackle issues in the Far East, Middle East, Europe and the United States. Minister for Communications Dr Yeo Ning Hong will
        55 words
      • 76 2 THE St Andrews Mission Hospital will become the first privately-run community hospital when it opens in two years' time. As part of its policy to encourage private sector participation in the care of the aged and terminally ill, the government has approved a 1 million
        76 words
      • 49 2 THE 24th annual memorial service in commemoration of the Japanese Occupation will be held on Feb 8, at 1 lam, at the Cenotaph. Beach Road. The ceremony is organised by Singapore Chinese Chamber of Commerce Industry. Members of the public are welcome to attend the ceremony.
        49 words
    • 469 2  -  Plant to work on higher value-added products By Claire Leow THE formation of a Bangkok plant for AT&T Consumer Products last year has released its local facility for new technologies and higher value-added products. Over the past year, the two plants have
      469 words
    • 397 2  -  By Carolyn Lim THE timber industry, which was once one of Singapore's leading export industries, is facing lean times. In the first 10 months of last year, the total exports of sawn timber fell by one third to $300 million as compared with
      397 words
    • 329 2  -  By Dexter Lee TRAVEL-WARY executives are fast turning to video-con-ferencing for their meetings with counterparts in other l countries in the face of the Gulf War. A Singapore Telecoms spokesman told BT that en- quiries about its video-con-j ferencing facilities rose sharply just days
      329 words
  • Page 2 Advertisements
    • 120 2 An inspiring lifestyle begins with d-SCAN 1 l 1 II I Beautiful teak wood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of our Renowned for
      120 words

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 358 3  -  By Shoeb Kagda SINGAPORK-incorporated LK-Nes, a subsidiary of Ma-laysian-listed Kemayan Oil Palm, is aiming to increase its turnover by nearly 50 per cent this year after suffering a slowdown last year. The engineering and manufacturing firm hopes to hit $50
      358 words
    • 256 3 Bernama THE Selangor Foundation will team up with or set up a joint venture company with private firms to seek listing on the Kuala I-umpur Stock Exchange, Menteri Besar lan Sri Muhammad Muhammad Taib has said. Tan Sri Muhammad, who is chairman of the
      Bernama  -  256 words
    • 506 3 NST RENONG Bhd has announced several proposed acquisitions and a disposal in a move to rationalise its overall corporate structure. In an announcement issued on its behalf by Bumiputra Merchant Bankers Bhd, Renong said it was proposing to: acquire 30.5 per
      NST  -  506 words
    • 879 3  -  MARKET TALK By Duncan Mount Managing director oj CEF Investment Management Ltd ALTHOUGH Malaysia has been one of the better performing stock markets in the Pacific region last year, falling just over 10 per cent, the decline must be considered a major disappointment, given the
      879 words
    • 413 3 MBT THE PENANG-BASED Denko group, which makes components for multinational electronic equipment companies, has obtained the Malaysian Capital Issues Committee's approval for a listing on the second board. The group will be listed under its holding company, Denko Industrial Corp. It is understood that this
      MBT  -  413 words
    • 100 3 Bernama MYCOM's newly-acquired subsidiary, Lotteries Corp (Sabah), is expected to exceed its forecast pre-tax profit of MSSS4 million, Mycom chairman Tan Sri Jaffar Abdul says in his latest annual statement. He said, "In view of the encouraging results to be achieved by Lotteries Corp, Mycom is
      Bernama  -  100 words
    • COMPANY BRIEFS
      • 91 3 KUALA LUMPUR KEPONG Bhd has entered into an agreement with Kung Hing Plantations Sdn Bhd to buy the entire issued and paid-up capital of five companies. These companies Ladang Finari Sdn Bhd. Golden Yield Sdn Bhd. Cocoa Sdn Bhd. Salid Plantation Sdn
        91 words
      • 88 3 CIMA INDUSTRIES of Malaysia Bhd's five-for-four rights issue of 73.289,325 shares of MSI each priced at Ms 4 per share has been oversubscribed by 911,600 shares at the close of the offer on Jan 22. Total applications received were 74,200.925, of which acceptances amounted to 70.649,600 shares
        88 words
      • 103 3 THE New Straits Times Press (Malaysia) Bhd has proposed a bonus issue of 87.999 million new shares of MSI each on the basis of one new share for every share held. The proposed bonus will be capitalised from the share premium account (M 545.595 million) and
        103 words
      • 29 3 GENTING Berhad sold 28,000 shares in Resorts World on the open market on Jan 17, reducing its stake in the company to 298.817 million shares.
        29 words
  • Page 3 Advertisements
    • 362 3 40* Will you call me from your hotel, darling? J I ANA HOTEL SINCAPORE 1.. V.-M.n Hill. Smiu.,nr.'. I ..111,.. I I 1.-11. I Mum Kix-njlions. s.. u ti .«v .-I ."llx li.rt.-l .In.-. I i.,x »«,*,»r.vr.itv \N.misin ksLMxir,r«i :>i I.'-'J CHARTPOINT Every Saturday in Business Times the power blitz
      362 words

  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 103 4 THE SOUTH KOREAN Samsung firm has landed a US$55 million (5594.6 million) contract for delivery of consumer goods to the Russian Federation, the largest Soviet republic, the independent Interfax news agency reported in Moscow last Friday. Under the contract, signed by Russia's foreign trade association, Samsung
        103 words
      • 101 4 INDONESIA'S state oil firm Pertamina offered for sale stakes in four support service firms as part of the government's privatisation programme. In a public notice Pertamina invited bids for its 10 per cent share in oil and gas pipeline firm PT Sankyu Indonesia International and its
        101 words
      • 95 4 UNOCAL CORP has reported flows of oil and gas from its Serang 2 well in East Kalimantan in Indonesia, state oil firm Pertamina said. The statement said the US contractor had conducted tests between 7,300 and 8,488 feet though various choke sizes showing a
        95 words
    • 272 4 THE minority shareholders in suspended firm Estate Finance have been advised to approve its acquisition of Asia Standard, according to the South China Morning Post. The acquisition, which can be seen as a "back-door listing" by the China-related Asia Standard, forms part of the
      272 words
    • 180 4 THE Premier Group of Thailand, one of the country's largest business concerns, is turning its focus abroad and aims to establish itself in Thailand's main export markets and to list its shares on the Stock Exchange of Thailand, the Bangkok Post reported. Its holding
      180 words
    • 358 4 HONGKONG'S richest man, Li Ka-shing, has stunned the British colony's stock market with his sale of about 13.8 per cent of Kumagai Gumi (Hongkong), according to the South China Morning Post. Hoare Govett put through more than 40 million shares in a single lot at
      358 words
    • 342 4 WITH THE Gulf war and the economic downturn affecting European and North American business, Britain's Inchcape is looking to the Asia-Pacific region for shortand medium-term growth, according to the South China Morning Post. That includes its Hong-kong-based Inchcape Pacific offshoot as a key
      342 words
    • 191 4 THE HONGKONG market may have to pay dearly to end the so-called scalping manoeuvre, whereby brokers benefit from not executing clients' orders at the best possible prices, according to the South China Morning Post. Some senior dealers warn that market liquidity
      191 words
  • Page 4 Advertisements
    • 315 4 matter how hard you work it, money never complains. So why let it rest? We're now offering 7-day Fixed Deposits. So your funds stay productive, even during short periods. Our interest rate is among the highest in town. What's more, we'll pay a minimum rate of 4'/«% p.a. for funds
      315 words
    • 78 4 MEDIUM SEED GROUP OF COMPANIES SEEKS PARTNER/PARENT TO ASSIST IN THEIR RAPID GROWTH (THIS YEAR TURNOVER $40-550 MILLION, PAID UP CAPITAL OVER Si MILLION) NO FINANCIAL OUTLAY REQUIRED AS GROUP BASICALLY SOUND BUT NEEDS MORE FACILITIES SUCH AS UCS, T/RS TO FULFIL LARGE ORDERS. A MERGER WITH SIMILAR SIZED COMPANY
      78 words

  • INTERNATIONAL COMPANY NEWS
    • 480 5 Reuter THE ADVISER to striking York Daily News unions said he has discussed a potential partnership between the unions and Maxwell Communications Corp to buy the embattled Tribune Co newspaper. "Mr Maxwell has expressed an interest," Theodore Kheel, who is leading an
      Reuter  -  480 words
    • 235 5 Reuter TRANS WORLD Airlines Inc said on Friday it was withholding payment of about U5575.5 million (Ssl3o million) in debt payments but said it did not intend to file for bankruptcy. "While I am troubled by the need to withhold payment from certain of
      Reuter  -  235 words
    • 249 5 Reuter KLM Royal Dutch Airlines foresees a greater than expected loss for 1990 and on Thursday it may announce plans to cut costs further because the Gulf War has hurt its business, a KLM spokesman said. The airline will disclose the results of an
      Reuter  -  249 words
    • 294 5 Reuter A BRITISH car distributor, Nissan UK Ltd (NUK) took Japanese car manufacturer Nissan Motor Co Ltd to court on Friday, seeking damages which could run into £250 million. The legal proceedings arc the latest step in a bitter battle between the two
      Reuter  -  294 words
    • COMPANY BRIEFS
      • 95 5 UNITED Press International, the financially pressed US news agency, declined comment on reports that Thai publisher Sonthi Limthongkun wanted to buy it and would fly to New York this week for talks. "We don't comment on any negotiations that might be under way," said a
        95 words
      • 51 5 SIEMENS AG hopes to form a new joint venture with the Hungarian government in which it would hold a majority stake, the official MTI news agency said. The plan envisages a venture capitalised at 50 million marks and with target turnover for 1992 of 4.5 billion
        51 words
      • 66 5 COCA-COLA Beverages said it bought Bay Beverages Ltd, a northern Ontario soft drink company, for about US$4 million. Bay Beverages distributes Coca-Cola, A&W, Schweppes and Canada Dry brands in the Thunder Bay and Kenora areas to a population of 250,000 people. Coca-Cola Beverages is 49 per
        66 words
      • 60 5 WINTERSHALL Erdgas Handelshaus GmbH, a joint venture between chemical firm BASF AG and Soviet Gasprom, said it rejected an accusation by the Federal Cartel Office that it was overcharging for gas in eastern Germany. A Wintershall spokesman said the price it charges Verbundnetz Gas AG for gas
        60 words
  • Page 5 Advertisements
    • 46 5 emanuel ungaro men ladies The Paragon #01-35 hCRJZI/V men ladies Palais Renaissance #01-08/02-10 Mandarin Shopping Arcade #02-06 SQNIA RYKIEL The Paragon #01-33/34 Isetan Wisma Atria I NSCRIPTION RYKIEL Wisma Atria #02-33 Salaries Lafayette #02-06 Sate 1 —7 February 1991 Mon-Sat 10.30am-7pm Sun 11am -spm olX*oubblT E
      46 words
    • 48 5 i/ j I I fi# ramf diamonds. g ca rat saw>hi I I j| I v JS| I Eastern Watch B =7\^-'V-\."'' The very special place to buy a watch Ro\ Eastern \totch he Ud. &U-74 Urky l'lam. 1H *****35: 90HM, 'S7/HH Lucky Hnza, Td: *****3 V. A^*
      48 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 77 6 CHINA has issued its first foreign exehange eommereial bills since 1949 in the Shenzhen special economic zone, the Economic Daily has reported. The nine-month bills were issued by the Shenzhen Joint Company of the China Non-Ferrous Metals Corp on Jan 18 with the approval of
        77 words
      • 60 6 CHINA'S first bone fide securities exchange had a turnover of 350 million yuan (S$ 115 million) in its first full month of operation, the official Xinhua news agency said last Friday. Prices were "basically stable" on the Shanghai Securities Exchange, which opened for business on Dec
        60 words
      • 101 6 ISRAEL suspended talks on the sale of its third largest bank on Saturday, two days after the central bank urged the government not to sell it to its ousted owner, who faces trial in a shares scandal. The Treasury said Finance Minister Yitzhak Modai ordered an
        101 words
      • 95 6 MEXICO will place three state-owned banks on the auction block this month, kicking off privatisation of the banking sector that was nationalised in 1982, a Finance Ministry spokeswoman said. "On Feb 15, they are going to announce the names of the first three banks up
        95 words
      • 2 6 Dollar$ Non$en$e
        2 words
    • 638 6 A world shortage of savings the real bugbear AFP RECENT ACTIONS by the German Bundesbank, which raised interest rates, and the US Federal Reserve, which reduced them, cannot mask the underlying reality, which is that a world shortage of savings rules out
      AFP  -  638 words
    • 284 6 THE Hongkong Bank will surrender itself to the control of the local regulatory watchdog despite moving its incorporation to Britain, according to the group's restructuring document. This is one of the conditions for Banking Commissioner Anthony Nicolle's approval of the
      284 words
    • 226 6 THE Hongkong Monetary Institutions Association (HKMIA) plans to introduce a standard foreign exchange customer contract next month as part of its self-regu-lation programme, the South China Morning Post said. The Hongkong newspaper quoted board member Danny Wong as saying that the proposed contract would
      226 words
    • 260 6 THE Bank of Thailand has recommended that commercial banks reduce their lending and warned they may face a tighter liquidity problem later this month, according to the Bangkok Post. Mr Supote Kittisuwan, director of the central bank's Banking Department, said it wanted commercial banks
      260 words
    • 194 6 THAILAND must urgently develop a secondary market for commercial papers so that the private and public sectors can mobilise more funds in the domestic market, the Bangkok Post said. Deputy Finance Minister Chavalit Thanachanan said the rapidly changing international situation had forced the
      194 words
  • Page 6 Advertisements
    • 9 6 sSnti iHFtOWER I C m/'\/ THE NEW ALFA 33
      9 words
    • 172 6 r Kuala Lumpur's new event-centre Located at at No. 1, Jalan Sultan Ismail A specialised upmarket retail andl display centre designed with emphasis on fine quality. r r I Holiday-Inn City Centre y Hotel Ss' Grand Continental Hotel Shangri-La Hotel Concorde Hotel (New) (Formerly Merlin) I£C*HA XV; M" In. Equatorial
      172 words

  • THE REGION
    • 426 7 Support for peace efforts by France and Indonesia AP rr VIETNAM has said it is willing to back the efforts of France and Indonesia to overcome obstacles to the acceptance of a draft peace plan for Cambodia. A joint statement issued after
      AP  -  426 words
    • 470 7 AP THE people of Burma, who lost an uprising for democracy in 1988 that presaged similar movements elsewhere, have little hope of ending military rule this year. With hundreds, perhaps thousands, of leading dissidents in jail, diplomats and other analysts
      AP  -  470 words
    • 304 7 AFP AUSTRALIA'S wool industry is storing millions of bales, slaughtering millions of sheep and amassing huge debts to protect a floor price scheme many say is doomed. On Friday the government and industry agreed to defer wool sales for up to three weeks
      AFP  -  304 words
    • 168 7 Bernama THE question of Malaysian workers in Singapore not being covered by the republic's Central Provident Fund should be seriously taken up by the Malaysian government to rectify the situation, the Malaysian Trades Union Congress said on Saturday. MTUC
      Bernama  -  168 words
    • NOTE BOOK
      • 94 7 INDONESIA and North Korea hope to expand their economic ties with the signing of a new trade pact, an Indonesian official said. Coordinator Minister for Economy, Industry and Finance Radius Prawiro said North Korea wants to establish joint ventures between the two
        94 words
      • 132 7 THE committee on development of Malaysia's new international airport has been given another four weeks to draw up a detailed report on nine possible locations. Transport Minister Datuk Seri Dr Ling Liong Sik said the committee would report on the physical and commercial aspects
        132 words
      • 106 7 DROUGHT has reduced Malaysian rice production this season by as much as 50 per cent in some areas, forcing Malaysia to increase its rice imports, an official said. The national news agency Bernama quoted Mohamed Amir Yaakob, director general of the National Padi and Rice
        106 words
      • 110 7 CHINA has built navigation beacons on the disputed Spratly islands in the South China Sea since setting up a marine observation station there, the official Xinhua news agency said on Friday. It said the beacons were constructed on the Chigua and other reefs after a station
        110 words
      • 83 7 THE Indonesian government has approved more than US$B.4 billion in foreign investment in the first 10 months of this fiscal year, 48 per cent more than in the entire previous year, Investment Coordinating Board Chairman Sanyoto Sastrowardoyo said. The approved investments in the April-Jan-uary period consisted
        83 words
  • Page 7 Advertisements
    • 104 7 -ti I'•' H •< If i t jg i 'il v. f-|AjW- mi Jk t A lI'J jr^ I ~,*J&ki II *5 *dSLji**j. I I Ifl I KWEt f *j£'-f I Mgfo ffi*'' W Sn/^sr I II V BHMMMHMHHiI Jfctf I- > =r«^BHßggW* ■afrf---*-* '^KBiP' «mSA r*W<*' ;-t\ K3 IfM
      104 words

  • THE WORLD
    • WORLD WATCH
      • 74 8 AN OIL FIELD one and a half times the size of Taiwan has been discovered in China's far-western region of Xinjiang. The official English-language China Daily reported last Saturday that the 45,000 square km oilfield, expected to yield up to two million tonnes of
        74 words
      • 101 8 PARIS has affirmed its willingness to gradually resume economic cooperation with Beijing on the occasion ot the visit to Beijing by France's Foreign Commerce Minister. Jean-Marie Rausch, who left Beijing last Friday, was the first French official and second European minister to visit China since
        101 words
      • 74 8 YUGOSLAV PRIME MINISTER Ante Markovic is optimistic that his country's squabbling republics will accept a government plan to keep the economy running in spite of a deep federal crisis. He told a news conference in Belgrade last Friday that the six constituent republics had accepted eight
        74 words
      • 108 8 US AMBASSADOR Richard Burt, head of the American delegation negotiating a reduction of nuclear weapons with the Soviet Union in Geneva, says that years of work could be lost if a treaty is not concluded quickly. "If we fail to agree by the end
        108 words
      • 62 8 NICARAGUA has signed a debt-renegotiation agreement with Mexico worth an estimated US$l.O2 billion (551.75 billion). Under the terms of the agreement, signed in Managua last Saturday, Mexican Secretary of Finance Pedro Aspe and Nicaraguan Minister of Presidency Antonio Lacayo, Nicaragua will issue an interest-free government bond
        62 words
      • 115 8 BULGARIA will leave the Warsaw Pact "at the same time" as Czechoslovakia, Poland and Hungary, Bulgarian President Jelio Jelev told the Czechoslovak news agency CTK last Friday. "It is well-known that the Warsaw Pact has outlived its usefulness and is in the process of breaking up,"
        115 words
    • 551 8 Administration expects USs2Blb deficit Reuter US PRESIDENT George Bush is sending to Congress today a US$l.4 trillion (Ss2.l trillion) fiscal 1992 budget with a US$2Bl billion deficit, say sources in the US government and Congress. The spending blueprint will be shaped by war,
      Reuter  -  551 words
    • 192 8 Reuter THE BUSH administration will ask for more trimming of federal farm programmes when it unveils its fiscal 1992 budget today despite a 25 per cent agriculture spending cut approved by Congress last year. The White House will recommend making wealthy farmers ineligible for crop
      Reuter  -  192 words
    • 390 8 UPI EASTERN EUROPE experienced another round of price increase last Friday as the former Soviet-dominated nations continued their painful adjustment to market-style economies. Bulgaria took the biggest plunge as the government lifted price controls on foodstuffs, transportation and other basic services. Already reeling from
      UPI  -  390 words
    • 331 8 Reuter SOUTH AFRICA'S new reforms have dealt sanctions a mortal blow but political instability remains a threat to foreign investment, say economists there. South African President F W de Klerk's announcement last Friday that all remaining segregationist laws would be repealed by
      Reuter  -  331 words
    • 481 8 Reuter THE EUROPEAN Community's executive commission has agreed on a blueprint to reform the 12-nation EC's hallowed farm policies and stave off financial disaster. It could also help to reopen crucial world trade talks which stalled last December due to a heated dispute between
      Reuter  -  481 words
  • Page 8 Advertisements
    • 682 8 oddwßBBBBßH^^'wsysassyagg«>W&<-. The Sanwa Bank Limited INCORPORATED IN JAPAN Non-consolidated Balance Sheets Non-consolidated Statements of Income as at March 31,1990 and 1989 and Retained Earnings v For the years ended March 31, 1990 and 1989 Millions of Yen 1990 1989 Millions of Yen ASSETS 1990 1989 Cash and Due from Banks
      682 words
    • 372 8 NOTICE NOTICE IS HEREBY GIVEN that, I, Tin Gum Sooo of BDc 13,TohYi Drive, 1054)1, Singapore 2159, hive applied for i Public bouse, first cliss (extended) licence in respect of premises it Mh Team 7 Karaoke Pie Ltd at Blk 644 Biiit Batok Central 101-68, Singapore Z365, and that ibis
      372 words

  • THE GULF WAR
    • 542 9  -  Rich fishing waters badly hit by world's largest oil spill From Fred Joseph in DUBAI THE world's largest oil spill in the Persian Gulf could cost the countries of the region nearly US$6OO million annually in lost revenues from fisheries exports. Impact
      542 words
    • 316 9 AP CHINA, responding to a US newspaper report, has denied selling weapons to Iraq since the United Nations banned trade with the Middle East nation. The Christian Science Monitor, quoting Western diplomats, reported last Thursday that Chinese arms merchants had urged diplomats
      AP  -  316 words
    • 477 9 Reuter EGYPTIAN Foreign Minister Ahmed Esmat Abdel-Ma-guid says all weapons of mass destruction in the Middle East should be destroyed after the Gulf War as part of a new regional security arrangement. Speaking at a news conference in Rome last Saturday after talks with Italian
      Reuter  -  477 words
    • 281 9 UPI EGYPT, a chief US ally in the multinational coalition against Iraq, has said it will implement crucial steps towards reforming the nation's crisis-battered economy. Prime Minister Atef Sedki unveiled a wide-ranging package of economic changes to the Egyptian Legislature last week that is
      UPI  -  281 words
  • Page 9 Advertisements
    • 137 9 Personal touch, Gracious living, Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere
      137 words
    • 36 9 IT EVEN TELLS YOU WHEN NOT TO SHAVE. m li #cil I iY/^iCi:||iiEAirMillillllllli*lßiA!llla£lallllKll!lilal£i^Mill^^^MJL^^l BRflun S Designed To Perform Bettei z Sote Disl' butof Besle (Si Ptf Ltd ?12 Taqwe I<K*' Skhjhp<)<»» A./H lei 4V> 000S m
      36 words

  • ANALYSIS
    • 974 10  -  Economics Correspondent Kenneth James reports from Davos, Switzerland, where a high~level annual brainstorming session on the global economic outlook is producing some light and not a little smoke Kenneth James THE "good" news at the current annual meeting of the World Economic Forum (WEF)
      974 words
    • 868 10  -  From Christopher Reed The writer is a freelance journalist based in Los Angeles in LOS ANGELES THE global marketplace offers alluring new commercial options for international acquisitions, but social and cultural differences still conceal traps for the unwary, as Matsushita
      868 words
    • 643 10  -  Pete Engardio reports on tycoons buying into manufacturing companies with stakes in China Pete Engardio AFTER the Tiananmen massacre, investors would go nowhere near Lam Soon Ltd, a small Hongkong manufacturer with factories in China. With anxiety rising over the colony's handover to
      643 words
  • Page 10 Advertisements
    • 152 10 A BEEF& <mtk PORK#jM| RIBS SPECIALLY MARINATED HICKORY SMOKED BBQ 5-COURSE SET MENU FOR LUNCH DINNER Includes: FrOit Juice Soup of the Day Toast Garlic Bread Dessert Coffee or Tea FREE FOOD VOUCHER With every $50.00 you spent ondinner, SELECTION OF MAIN COURSE you get tood voucher worth $1000 limited
      152 words
  • Page 10 Miscellaneous


  • Page 12 Advertisements
    • 839 12 EXPRESS LOAN The easiest way of turning shares into cash on the spot It's easy to get a personal loan for any purpose, from Hong Leong Finance and Singapore Finance. Just pledge your shares with us and you can get cash on the spot. With "EXPRESS SHARE LOAN" you can
      839 words

  • ENTERPRISE & MANAGEMENT
    • 479 13 Seminars and courses Duration Title Venue Organiser Feb 4 5 Developing Team Management Singapore *****66 Leadership Skills Use Institute Ot Management Feb 4-6 Effective Management Singapore *****66 Business Writing Hsc Institute Of for Administrative Management Assistants Secretaries Feb 4 6 Effective Management Singapore *****66 Creative Selling Hsc Institute Of
      479 words
    • 751 13  -  Chuang Peck Ming reports on why some SMEs still shy away from consultants and how to overcome this problem Chuang Peck Ming THE people who run small companies do not usually understand what management consultants are saying to them, because consultants speak
      751 words
    • 657 13 NYT Anthony Luiso, chief executive of International Multifoods Corp, was due for a US$lOO,OOO raise last year. He not only turned it down, but also told the board of the Minneapolis-based food giant to hold back US$lOO,OOO of his bonus. In place of those raises, he
      NYT; a Punch cartoon  -  657 words
  • Page 13 Advertisements
    • 96 13 3? Management Consultancy Sl# I I I T r 1/ Seminars And Training Hill I Business Assistance ll I L L I J. It Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing FOR SALE BY TENDER 758 DEVONSHIRE ROAD Land ***** sq ft 2? > for high-density development Premier district
      96 words
    • 170 13 TAKING A HOME LOAN? MOVE IN THE RIGHT DIRECTION. You've made a major move by deciding Jfr] Your next move: take a home loan. And this key decision, consider Singapore's foremost home loans specialist, Credit POSB Be it a house or an apartment, we have a practical scheme that will
      170 words

  • SPORTS 1
    • 189 14 AP ARGENTINA'S Gabriela Sabatini defeated Martina Navratilova in full sets on Saturday to win the Toray Pan Pacific Open Tennis Tournament in Tokyo. Sabatini, seeded fifth, overcame erratic serving in the first set to overpower her more accurate opponent 2-6, 6-2, 6-4. "It's a wonderful feeling," said
      AP  -  189 words
    • 539 14 AFP ARGENTINA'S Davis Cup No 2 Javier Frana proved to be the wild card New Zealand had not counted on when he won all three of his matches in Christchurch this weekend. Frana, ranked 186 th in the world, beat New Zealand
      AFP  -  539 words
    • 410 14 AP CALM, COOL and collected Rocco Mediate took the lead and an exercised Paul Azinger took his shot at Poppy Hills on Saturday. Azinger lost three strokes to par and his lead in the Pebble Beach National ProAm on the first two holes
      AP  -  410 words
    • 190 14 Reuter ENGLAND suffered two vital set-backs in its second innings. losing skipper Graham Gooch and vice-captain Allan Lamb before lunch on the third day of the final Test against Australia in Perth yesterday. At the break, and facing hostile and testing Australian bowling,
      Reuter  -  190 words
    • 667 15  -  Dunhill Cup By Cassandra How DESPITE intermittent rain, the team from Canada pulled off a late surge to finish on top of the leader board, only to be forced into a playoff by Paraguay's Angel Franco, whose birdie on the 18th brought both teams to 7-under
      667 words
    • SIDE LINES
      • 129 15 NEW records in solo ocean yacht racing were expected after 17 men and one woman set sail yesterday on the third and most dangerous leg of the BOC round-the-world race. At a cannon shot on the stroke of 0200 GMT, the boats began crossing
        129 words
      • 74 15 GERALD WILKINS scored 12 of his 16 points in a span of 4:41 in the third quarter as the New York Knicks handed the Sacramento Kings a franchise-record 18th consecutive road loss, 92-78 on Saturday night. The Knicks won for only the second time in six games
        74 words
      • 115 15 MEG MALLON found herself atop the leader board heading into a final round for the first time in her career after posting a three-under-par 69 in the third round of the US$4OO,OOO Oldsmobile Classic golf tournament in Florida on Saturday. "There is no doubt I will
        115 words
      • 86 15 GARY PLAYER birdied three consecutive holes on the back nine and shot a 6-under-par 65 on Saturday for a two-stroke lead after two rounds of the Senior Tour's Royal Caribbean Classic in Florida. Player was at 10-under 132. Chi Chi Rodriguez, who shared the first-round lead
        86 words
      • 84 15 PERNILLA WIBERG, who grew up idolising compatriot Ingemar Stenmark, made up more than a second on the final run to win the giant slalom on Saturday and become Sweden's first female world skiing champion. Wiberg's heroics edged Austrian Ulrike Maier, who had captured the super-giant slalom
        84 words
      • 55 15 NEW ZEALAND staged a stirring fight-back to be 369 for two in its second innings at stumps yesterday, fourth day of the first cricket Test against Sri Lanka. New Zealand held a 46-run lead with eight wickets in hand and one day of play remaining at
        55 words
  • Page 14 Advertisements
    • 86 14 m charm. a., 7 jjl sed *"™Tjf*- t rliclanjmit; Ani In Sabah, when.* else. Am Beach Hotel M)(A MNABAII MI IA musmh TANJI "Ni> AKI' HI AC'I IH< VIliL, I.vX'KLDBAO 1/V fBV44 KOI A KINAHAI.I. ?ABAH MALAYSIA 111 itti-<WI W< 11 MX MCSI I AWkM MA I\X l«» **> SIIANI.KII
      86 words
    • 21 14 (rDmaruman S Jm IH At mm l| II 4& JE? /<9 Strong Super Parsec Available m S Shafts $650 each I
      21 words

  • Page 15 Advertisements
    • 183 15 There's no point in wasting your time with false modesty. Yet again we've set the standards the industry' has to follow. The HP LaserJet 111 and HID with Resolution Enhancement Technology (RET) gives you the ultimate in sharper printing. I 1 I 1 u t Simple, dots, dots and more
      183 words

  • Page 16 Advertisements
    • 1052 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      1,052 words
  • Page 16 Miscellaneous
    • 611 16 TELEVISION AND RADIO ~mr m CQPiO 6.40 B«st of Disney Ducktales 5.35 The Road Runner Show (Car- I BIISWESS ON MMO S !/>«« IY- I*% /w% The Goose (Cartoon, toon). BBC, 89.9 mHz in VHF Band II I Jfa I 1% lltvll IAC 2) ir c?S s.3fl!pm, 3.25 am: Financial
      611 words

  • THE ARTS
    • 773 17  -  All may he well at the Musee Guimet in Paris, which houses the greatest collection of Khmer sculpture outside Cambodia. But Angkor itself, one of the world's greatest wonders, is gravely under threat. Susan Moore reports. Susan Moore FI THE PLUSH Paris suburb of Passy seems
      FI  -  773 words
    • 616 17  -  Singapore Symphony Orchestra By P Y Van THE SINGAPORE Symphony Orchestra has lined up a series ol Familiar Favourites Concerts conducted by Lim Yau this month. Last Saturday's concert began with I Mozart's The Abduction from the Seraglio Overture K 394. It was cheerful, bright
      616 words
    • 434 17  -  Cantus Colin By Andrew Lim THE CONCERT given by Cantus Colin at the Victoria Concert Hall last week was truly very special. For an ensemble formed just tour years ago, Cantus Colin s teamwork was absolutely brilliant. All its members are solo singers
      434 words
    • 862 17  -  At Novy Mir, the threat of losing the freedom to publish what it chooses is not as worrying as the threat of newsprint shortages. Craig Whitney reports Craig Whitney NYT lk TOVY MIR. the most prestigious of the SoA. 1 viet literary magazines that
      NYT  -  862 words
  • Page 17 Advertisements
    • 230 17 AND ENTEBTAIN You Cant Mix Business With Pleasure? I At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing ambience of a hunter's lodge. 16 NASSIM HILL, SINGAPORE IC« TEL. 7U
      230 words
    • 315 17 r Parkway Holding Ltd 5530,000,000 (Guaranteed Floating Rale Notes Due 1993 In accordance with the provisions of the Notes, notice is hereby given that tor the three-month period 4 February 1991 to 6 May 1991. the Notes will earn, a rate of interest ot 5.875 per cent, per I annum
      315 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 1224 18  -  By Quak Hiang VVhai THE Singapore stock market continued its rally last week, gaining 28.97 points on the Straits Times Industrials Index. Investors were mainly made up of retail buyers, dealers said, adding that active trading was seen in Malaysian lower-priced counters. Warrants
      1,224 words
    • 2829 18 Gr's Gf's loon oi Tel l A st Vol Week Last Quote Di* Div YTd Net M Cap High Low Code Compan> Sale +oc- ("000) High lim Buyer Seller C\r P/E Sm.l INDUSTRIAL 277 .52 i 1000 Acma 184 +9 1976 .89 175 .84 .85 290 .65 1.42 Alex Hldgs
      2,829 words

  • 3906 19 Main Board Asia Pacific 960 70 7.9% FELS 50» 580 70 >13.7% Spore BusF 500 660 ♦60 FI0 0% Keppel ('orpn 660 f 55 9 1% GE Life 1400 F 50 3.7% Keppel CWrts 358 F42 FI3.3% FELSWt 209 t- 36 F 20.8% Ot'BC Foreign
    3,906 words

  • MARKET REVIEWS
    • 866 20 Job figures show US economy still sinking rapidly jffpigWYORK FT A SUCKER'S rally or the start of a genuine bull run? That was the question facing Wall Street for much of last week as the Dow Jones average surged to its highest level in
      FT  -  866 words
    • 420 20 AFP SHARE PRICES fell throughout the past week on the Tokyo Stock Exchange in lethargic trading amid increasing uncertainty over the Gulf war. The Nikkei Stock Average of 225 selected issues closed out the week on Friday at 23,156.70 yen for a 416.55yen
      AFP  -  420 words
    • 834 20  -  LONDON By Ray Heath THE London stock market found itself fighting on two fronts last week, but while the escalating Gulf war failed to send investors into the trenches, a surprise attack from a European ally, the Germans, had them diving for cover. The assault
      834 words
    • 735 20 HONGKONG AFTER the strong rally in the previous week, the Hongkong market encountered some profit-taking when it opened last week. But it powered ahead again mid-week following advances on Wall Street and positive US economic indicators, although half the gains were given up on Friday.
      735 words
    • ASIAN MARKETS ROUNDUP
      • 89 20 SURGES on offshore markets boosted Australian stock prices during the past week, brokers said on Friday. The main market indicator, the All Ordinaries Index, rose 6.2 points to 1,301.8. The All Industrials Index surged 30.6 points to 2,038.5 while the All Resources Index sagged 9.9 to 741.0. Daily turnover
        89 words
      • 174 20 SHARE PRICES on the Taiwan Stock Exchange lost momentum in bumpy trading last week as the market turned cautious amid uncertainties in the Gulf war. Wiping out the previous week's 8.9 per cent surge, the 221-issue weighted price index surrendered 111.38 points, or 2.7 per cent, including Saturday the
        174 words
      • 206 20 TRADING picked up on the Jakarta Stock Exchange last week as traders became accustomed to a new regulation on transaction although the effect on share prices was mixed. The JSE Index slipped to 383.626 on Friday from 384.100 the previous week, while the Jardine Fleming Nusantara Index edged up
        206 words
      • 80 20 THE Securities Exchange of Thailand index closed at 676.86 points on Friday, up 18.39 points or 2.79 per cent from 658.47 points on Thursday, on optimism regarding the Gulf crisis. The average index for the week was 652.43, up from 624.32 a week earlier. The average value of shares
        80 words
      • 158 20 THE Bombay stock market, India's largest, staged a rally as investors returned in small numbers after staying away for more than a month. Payment problems faced by some brokers after the crash in prices early last month appeared to have been resolved, and trading was hectic again. In the
        158 words
      • 117 20 AFP SOUTH KOREAN share prices closed the week slightly higher on thin trading, as uncertainty over the Gulf war continued to depress the market. The broad-based Composite Stock Price Index closed Saturday's half-day session at 634.72, up 2.52 points or 0.39 per cent on the previous week's close, with
        AFP  -  117 words
  • Page 20 Advertisements
    • 374 20 NOTICE NOTICE IS HEREBY GIVEN that I. TERU KAWAI of 140, Upper Bukit Timah Rd #08-04 Beauty World Plaza, Singapore 2158 have applied for a Public House, 2nd Class Licence in respect of premises at M/s San Ko En (S) Pte. Ltd., 6 Handy Road #02-00 Picture House, Singapore 0922
      374 words
    • 381 20 NOTICE j NOTICE IS HEREBY GIVEN that. I, YAP KHENG SENQ of Blk 201 Jurong East St 21 #15-105 Sin- I gapore226o, have applied for a Retail Liquor Shop I licence in respect of premises at M/s Kheng Guan I I Hang Mini Mart at Blk 501 Jurong West St
      381 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 1026 21 MBT THE Kuala Lumpur stock market closed firmer last week in tandem with higher prices on Wall Street as investors perceived that the US-led Allied forces were maintaining the advantage in the Gulf war despite Iraqi tank thrusts into Saudi Arabia. A research manager
      MBT  -  1,026 words
    • 3148 21 1991 Last Vol Week Net Cap High Low Company Sale "000 High Low P/E Smil F INDUSTRIALS 188 165 AISB 50* 179 3 102 180 172 43.7 183.6 388 310 ASM 50* 360 22 727 388 310 32.1 1477.8 304 280 Acidchem 304 14 53 304 292 130.7 255 250
      3,148 words
  • Page 21 Advertisements
    • 155 21 THE GROWTH TRIANGLE 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

  • WORLD STOCK MARKETS
    • Smaller issues buck fall on Wall Street
      • Article, Illustration
        1145 22 PROPELLED by momentum in technology issues, smaller stocks in New York continued to score big gains on Friday, while the blue chips fell. The Dow Jones Industrial Average ended the day at 2,730.69, down 5.70 points. For the week, the Dow rose 71.28 points, for a gain of
        1,145 words
      • Article, Illustration
        733 22 LONDON share prices finished slightly lower on Friday, shrugging off news that the US Federal Reserve Board cut its key lending rate by half a percentage point. The Financial Times-Stock Exchange 100-share Index was down 4.6 points, or 0.2 per cent, at 2,165.7. The Financial Times 30-Share Index rose
        733 words
      • 296 22 DUTCH shares closed mostly weaker on Friday but above the day's lows in fairly light, directionless pre-weekend trading, dealers said. The CBS Tendency Index closed 0.2 points lower at 80.4 after fluctuating within a narrow range of 80.2 to 80.6. Shares had picked up from a lower opening by
        296 words
      • 80 22 Feb I Close Previous NEW YORK Dow Jones 2,730.69 2,736.38 -5.70 NYSE Financial 131.27 129.77 +1.50 S P 500 343.05 343.93 -0.88 Turnover (million) 246.7 204.2 +42.5 LONDON Financial Times 30 1,694.0 1,691.9 2.1 FTSE 100 2,165.7 2.170.3 -4.6 Turnover (million) 540 831.1 -291.1 AMSTERDAM CBS Tendency Index 80.4 80.6
        80 words
      • 366 22 SWISS share prices finished slightly higher in moderate trading on Friday as the market's undertone remained strong despite Thursday's interest rate rise by the German Bundesbank, dealers said. Swiss National Bank (SNB) president Markus Lusser said there was no need to change Swiss monetary policy after an unexpected rise
        366 words
      • 277 22 FRENCH shares closed faintly lower on Friday, with the main blue chip index weighed down by declines among banking shares, traders said. The CAC-40 Index fell 2.59 points or 0.16 per cent to close at 1,578.08 on active trading of 1.74 billion francs. The index, which traded lower for
        277 words
      • 244 22 MILAN stocks recovered some of their opening losses at the close on Friday, but trading volume remained very thin as investor sentiment was dampened by Bundesbank's rate moves and continued worries about the Gulf war, brokers said. The MIB Index, which was down about one per cent at midmorning,
        244 words
      • 441 22 JOHANNESBURG share prices closed mostly firmer on Friday in a positive reaction to South African President FW de Klerk's reformist speech at the opening of parliament, dealers said. In his speech De Klerk pledged to continued the reform process he started a year ago, undertaking to fell the last
        441 words
      • 227 22 TORONTO stocks climbed sharply for the third straight session on Friday, shunning weakness on Wall Street due to US economic indicators pointing to a deepening recession, dealers said. The Fed cut the discount rate to six per cent from 6.5 per cent, boosting banking shares and cyclicals. "There's a
        227 words
      • 178 22 BELGIAN shares closed mostly firmer on Friday with some investors bargainhunting. But dealers said trading volume remained only moderate, with many players awaiting fresh developments in the Gulf War. The main forward market index rose 26.36 points to 4,889.83 while the cash market index added 8.38 points to 4,933.22.
        178 words
      • 98 22 Frankfurt Feb I DM Acg IXX 10 -2.4 BASF 210 50 4-2.5 Bayer 235.90 f0.4 Bayer Vereinsbank 338.50 -4.5 BMW 396.00 f 102 Commerzbank 242.50 -2 Conti Ciummi 215.50 -4.5 Daimler-Benz 554.00 +3.5 Deutsche Bank 611.00 -2 Dresdner Bank 341.00 0.9 Hocchst 217.90 +0.7 Hoesch 191.00 unch Horten 177.00 2
        98 words
  • Page 22 Advertisements
    • 26 22 For further information on which newsstands carry Singapore Business, Her World, Go, Home Decor, Young Parents, please call our Customer Services Section on 740-1839 or 740-1840.
      26 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 809 23 ASIAN CURRENCIES AFP THE YEN and several other major Asian currencies gained against the US dollar in foreign exchange trading last week, with the Gulf war having little immediate impact on most markets. Domestic factors such as remarks by the central bank governor in
      AFP  -  809 words
    • 344 23 NEW YORK Reuter THE DOLLAR fell during New York trading on Friday, due to weak US economic data and the Federal Reserve's discount rate reduction, but profittaking kept the currency from plunging, traders said. "The dollar's looking sick. But the market was already quite short
      Reuter  -  344 words
    • 385 23 Cross rates USS S$ MS Dm Yen SFr AS NZS USS 1.7270 2-6950 1.4685 131.60 0.5067 1.2522 1.2771 1.6653 SS 0.5790 1.5605 0.8503 0.7620 0.2934 0.7251 0.7395 0.9643 MS 0.3711 64.08 0.5449 0.4883 0.1880 0.4646 0.4739 0.6179 Dm 0.6810 1.1760 1.8352 89.62 0.3451 0.8527 0.8697 1.1340. Yen
      385 words
    • 538 23 Reuter THE performance of the franc on the foreign exchanges will be the focus of bond dealers' attention this week after last Thursday's shock rise in German interest rates and the US discount rate cut on Friday, bond market analysts said.
      Reuter  -  538 words
    • 425 23 Reuter THE Bundesbank has moved to calm markets in an exercise of damage control after an interest rate rise likely to isolate Germany further within the Group of Seven (G-7) club of rich nations. A senior Bundesbank official defended the unpopular monetary tightening, saying Germany
      Reuter  -  425 words
    • 454 23 GOLD FINANCIAL FUTURES REPORT SPOT GOLD started on an upbeat note last Monday, rising from Hongkong's opening of U*****.50/375.00 to the week's high of U*****.10/378.60 later that night on fears that Iraq's President Saddam Hussein could inflict great damage to Kuwait's oil reserves. Prices traded
      454 words
    • 505 23 BANKS ABN Bank Allied Irish Bank PLC 8V« American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8'/« Arab Bank PLC 7V ANZ Banking Group 8"2 Ban Hin Lee Bank Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7^4 Bank Bumiputra 8 Bank Negara
      505 words
    • 281 23 IMM 2Li DEUTSCHEMARK Open High Low Sett Vol Opflnt Mar 91 0.6738 0.6814 0.6736 0.6794 54,085 60,217 Jun 91 0.6700 0.6772 0-6700 0.6753 EURODOLLAR Open High Low Sett Vol Mar 91 92.95 93.29 92.94 93.23 105,865 659,410 Jun 91 93.02 93.30 93.00 93.25 JAPANESE YEN Open High Low
      281 words
    • 551 23 Interbank rates SS Bid Offer I Overnight 4 4 1/4 1-month 4 1/2 4 5/8 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 4-3/8 I US$ High l/> 7 days 7 6 7/8 1 month 6 15/16 6 7/8 2 months 7 1/16 6
      551 words

  • COMMODITIES
    • 480 24 Reuter THE Soviet Union is unlikely to take more EC grain in the near future due to a lack of credit and is expected to rebid for US wheat, European grain traders said. Speculation grew that the Soviet Union may
      Reuter  -  480 words
    • 254 24 Reuter CRUDE oil output by countries outside Opec rose an estimated 1.5 per cent in the fourth quarter as producers opened their taps to help fill a gap in Opec output and profit from higher prices, a Reuter survey shows. The
      Reuter  -  254 words
    • 899 24 REPORTS AFP THE surprise attack launched on Tuesday evening by several thousand Iraqi soldiers on the Saudi town of Khafji, nearly two weeks after the outbreak of war in the Gulf, could not prevent gold from sliding to its lowest level for
      AFP  -  899 words
  • 1147 24 Rubber I HAS (fob In bales) S cents/kg Int I RSS Close Jan 28 143.75 Jan 29 1*3.75 Jan 30 144.75 Jan 31 145.50 Feb 1 147.00 MRELB (fob in bates) M cents/kg Int 1 RSS Close Jan 28 229.50 Jan 29 229.50 Jan 30 231.00 Jan 31 231.50
    1,147 words
  • Page 24 Advertisements
    • 687 24 NOTICES ADD-ON FORTUNE RESTAURANTS PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #09-26 Singapore 0617 on Monday, 28 January 1991, the following Special Resolutions were duly passed 1 That the Company be wound-up voluntarily
      687 words
    • 641 24 IN THK MATTKR OF THK COMPANIES ACT, CAP. AND IN THK MATTKR OK UNIZIIINVKSTMKNT PTE LTD (IN VOLUNTARY LIQUIDATION) MKMBKRS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 89 Short Street, *10-01 Golden Wall Centre, Singapore 0718 on Tuesday,
      641 words
    • 13 24 Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      13 words
    • 11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • THE TRAVEL PAGE
    • 953 25 City Right ETA Flight ETD Adelaide SQ228 [900 SQ227 2130 Amman RJ182 1400 Amsterdam KL84I 1140 KL842 2105 SQ23 1325 Auckland NZ25 1655 NZ28 1815 SQ388 2030 Bandar Seri BI42T 1105 SQ182 0915 Begawan SQ181 1410 BI422 1205 BI429 1830 BI430 2125 Bangkok QF062 1135 C1664
      953 words
    • 860 25  -  LETTER FROM TARIFA By Robert Graham TARIFA is the windiest town in Spain. Sticking out beyond the Strait of Gibraltar, almost opposite Tangier, Tarifa has one cheek turned towards the Mediterranean and the other towards the Atlantic. From one direction or another a wind blows permanently.
      860 words
    • 143 25 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3400 1.3600 Canadian dollar 1.4690 1.4890 NZ dollar 1.0250 1.0650 Sterling pound 3.3750 3.3950 US dollar 1.7235 1.7335 Local dollars to 100 units of foreign currency Austrian schilling 16.30 17.30
      143 words
    • 96 25 Duration Title Venue Organiser Tel Duration Title Venue Oiyniser Tel Feb 7-12 International Valencia, Fena Muestrano ********** Feb 19-21 Air Traffic Holland Expoconsult (0707)*****5 Toy Fair Spain International Control '91 (UK) Ltd De Valencia Feb 27- Photo. Cine and Zurich, Zuspa 413H 5055 Feb 9-17 International Hamburg
      96 words
  • Page 25 Advertisements
    • 31 25 Irving, don't forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens Call *****77 for details. VVc know Europe from start to Finnish.
      31 words
    • 26 25 Stretch, out with the WEEKENDER Relax, n sit back S* y* —> and enjoy C| V T"hr in COMING SOON A Saturday Special in your weekend edition.
      26 words
  • Page 25 Miscellaneous
    • 323 25 Make that's cus- H fishmonger did(s,4) I I I 8 Doorstep invitation to an BT J M H 11 ~j 11 Afford access to a greater m j number trapped in a pit AH entrance(s) 12 Sizeable part of the theft 16 f yields(s) In 13 Singular deal calling I
      323 words
    • 215 25 Singapore Outlook: Showers over few areas in the morning and several areas in the afternoon Forecast Maximum temperature 31.3 Assoc humidity 72% Minimum temperature 24.6* C Assoc humidity 93% Hours of sunshine 6.75 Rainfall in mm 2.1 Rainfall this month 2.1 Rainy days this month 1 World forecast Asia-Pacific Hi/Lo*
      215 words
    • 59 25 Ili'J id Ann fVJ&fW STfceTcWEDU VOO ST TM IN* SO FR^.. mM -TO tHg.umiT USITW ll rno idiot.... 7 ftc>i<Tnui mil. *>0 SMOUID Be RSHPrfV)€X>) V O VOM OF voocseU" -~N JONeSTHR££— OFF VOOR DIFFICULT JOBSy jf^ v ,cf\ £~±rl v>. > ?§b G»ve sucmsrA r oneTN break J N
      59 words

  • 460 26  -  HK firm to shift base to Singapore By Genevieve Cua PLEXCHEM ASIA, a major distributor of plastics resins and chemicals, believes that there is a silver lining in every dark cloud. Undeterred by the Gulf war and the onset of a
    460 words
  • 326 26 THE GULF Reuter THE fate of Prime Minister Toshiki Kaifu's government hangs in the balance this week as angry' Japanese opposition parties prepare an all-out assault on its plans to send cash and aeroplanes to the Gulf. Days of impassioned speeches in
    Reuter  -  326 words
  • 441 26 Reuter ISRAELI Prime Minister Yitzhak Shamir's plan to broaden his Cabinet with a far-right party sparked a political storm yesterday, with critics saying the move would cost Israel its newly-earned international goodwill. Despite the opposition of four ministers from his own Likud party, Mr Shamir
    Reuter  -  441 words
  • 43 26 Hundreds of stuffed giant turtles are piled up in the stockroom of a government zoo in Manila after being confiscated from novelty shops. The turtles are considered an endangered species, and will be donated for studies on conservation.
    43 words
  • 133 26 AFP CHIEF Mangosuthu Buthclczi's Inkatha Freedom Party yesterday called on foreign governments to encourage "substantial investments" in South Africa following President Frcdcrik de Klerk's latest reforms. In a statement, Inkatha also called on all those still arguing for continued sanctions against South Africa
    AFP  -  133 words
  • 270 26 Reuter MANY Brazilian retailers and some local governments are ignoring a federal wage and price freeze to cool inflation and had marked up prices by Saturday, less than 48 hours after the plan was announced. Confused consumers stayed away from stores as they pored over
    Reuter  -  270 words
  • 425 26 NST THE Malaysian armed forces will form a rapid deployment force to counter threats within the country and protect Malaysian interests abroad. Defence Minister Datuk Seri Najib Tun Abdul Razak said yesterday. He said the force the core of a new strategic division
    NST  -  425 words
  • 374 26 Reuter IN SPITE OF a US$l.79 billion loan from the International Monetary Fund, India is grappling with what may be the worst fiscal crisis in its history, economists say. Finance Minister Yashwant Sinha said a bloated budget deficit is the culprit and
    Reuter  -  374 words
  • Page 26 Advertisements
    • 37 26 PiageT IMRHKIERW.im iSISTi a:\E\T. EN BIjOC SALE -36 APARTMENTS EXCLUSIVE IjOCAIJTY NEAR BOTANIC GARDENS DISTRICT 10 Freehold Tenure 3-bedroom apartments Fully tenanted Total floor area 6,178 sq.m. (66,500 sq. ft.) Suitable for staff'accommodation or service apartments operation
      37 words
    • 8 26 Reforms lauded as boost to economy, Pg 8
      8 words
    • 94 26 PiageT hw\uer enhokuxmie deivis m GENEVE ■il^H V^H > i^kbph»p -> is&sf^fre""ss*M Dauphin Sitzkultur Ahealthy backbone is essential FOR PERFORMANCE. Distinguished design hiahexpress the identity of a company Masterijne made in West Germany, promotes and motivation works, thus enhancing performances. Available ex stock, our executive chair N 5310 with Double-Retax-Technology
      94 words

  • Shipping Times
    • 396 27  -  By Selva Kumar REGULATIONS on the use of inshore traffic zones have been amended by the International Maritime Organisation (IMO). The new rule, which will come into force on April 19, is meant to clarify what has been described as the ambiguity of
      396 words
    • 361 27 THE GUJUI WAR Lloyd's List IRAN has taken the first steps towards setting up a substantial tanker shuttle service in the Persian Gulf, disclosing in the process its view that the war will last at least six months. The National Iranian
      Lloyd's List  -  361 words
    • 327 27 AFP FEARS of losing preciousmarket shares prevailed over Gulf war concerns last week as more airlines slashed exorbitant war risk surcharges on fares. Gulf Air, the joint national carrier of four regional states United Arab Emirates, Oman, Qatar and Bahrain became the
      AFP  -  327 words
    • 304 27 AP THE SUSPENSION of flights to the Middle East has caused significant revenue losses for some Asian airlines but others are not badly affected, airline officials said on Friday. Philippine Airlines is suffering significant losses due to the Gulf war, with no relief in sight,
      AP  -  304 words
    • 323 27  -  By Dexter Lee IN WHAT has come as a surprise to the shipping community, US-based Sea-Land Service Inc and Denmarkbased AP Moller-Maersk Line have agreed to join forces on the North AmericaAsia trade route. The announcement late last week quashed rumours that
      323 words
    • 273 27 Reuter JAPANESE shipowners and unions have decided to ease a ban on Japanese-crewed vessels sailing to the main ports of Saudi Arabia in the Gulf, a Shipowners' Labour Relations Agency official said last week. However, ships carrying Japanese crews will still be prohibited from
      Reuter  -  273 words
    • 201 27 AFP THE European Community (EC) is studying ways to help European airlines handle losses resulting from the Gulf war. the EC's executive commission said on Wednesday. It issued the reassurance following a meeting of executives from all major airlines in EC
      AFP  -  201 words
    • NEWS SUMMARY
      • 97 27 AT LONG LAST the United States has decided on its policy on oil pollution. It has decided to go it alone by signing into federal law the Oil Pollution Act. The US has rejected the International Convention on Civil Liability for Oil Pollution Damage
        97 words
      • 84 27 NORWEGIAN investor Torstein Hagen, wielding a 23 per cent stake in Koninklijke Nedlloyd Groep NV, said he is still not sure the troubled transport group shares his sense of urgency over restructuring. On Tuesday, Mr Hagen won Nedlloyd's agreement on the basis of a restructuring
        84 words
      • 65 27 TAIWAN and New Zealand are to hold talks in Taipei this week on the possibility of establishing direct air links despite China's objections to a similar agreement between Taiwan and Australia. "We hope to quickly negotiate terms acceptable to both countries during
        65 words
      • 42 27 A TRADE union representing 460 harbour workers at Rotter-dam-based storage company Paktank has secured a 6 per cent wage increase for its members double the 3 per cent limit urged by the Dutch government Back Page
        42 words
    • LOG BOOK
      • 75 28 KAOHSIUNG, Taiwan's second largest city, is to develop its port into a Pacific transport centre by 1998. The country's Communications Ministry is expected to favour the port over rival Keelung for the development of a new deepwater terminal. Kaohsiung port official say plans were already
        75 words
      • 102 28 SAUDI ARABIA'S charterer Vela was reported to have fixed six very large crude carriers (VLCCs) with combined cargo of 1.58 million tonnes out of the Middle East Gulf. Two fixtures were for Feb 6 and 10 and the rest for the second half of the
        102 words
      • 69 28 BRAZIL plans to cut funding for 24 ports, including Rio de Janerio's city port, National Transportation Secretary Jose Henrique D'Amorim said. The government will instead concentrate its funds on the expansion of 11 ports considered to be crucial for international trade. The other 28 ports
        69 words
      • 78 28 THAILAND will soon have a national Videotex service. At the end of last month, Lines Technology (Thailand) was awarded a 15-year concession by the Telephone Organisation of Thailand (TOT). A new company, to be the concessionaire, will be formed in the next few weeks. The service,
        78 words
      • 92 28 VEHICLE MANUFACTURER Ford is to reduce output at two factories in Britain because of effects of the Gulf war and economic recession. Output of Transit vans at the Southampton factory in the south of England will be halted on Fridays until May, and
        92 words
      • 95 28 DEFECTS have been found in some Swedish-made Saab 9000 cars and US Cadillacs imported to Japan and they will be repaired free of charge. Seibu Motors Sales Co said that some Saab 9000s imported and sold in Japan between September 1985 and October 1988 had
        95 words
    • 1000 28  -  Michael Blackburne and Craig Brown assess the likely impact of the US Oil Pollution Act Michael Blackburne,Craig Brown At long last the United States has decided on its policy on oil pollution. It has decided to go it alone by signing into federal
      1,000 words
    • 859 28 THIS twicc 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 arc based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      859 words
    • 12080 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      12,080 words
    • SHIPS IN PORT
      • 653 43 Vnsd Voy No Bwtti Arm al Depart** Vttsd Voy No Efertti Armti Dtpartirt Keppel Wharves Mer Cury 30 PIC 04 02/1930 0502/0200 Continent 1 2/91 K33 0502/1230 Pavlodar 08 P4B 04 02/1600 0502/2300 IBN Mauti JC 202 K29 alongside 04 02/0600 Phuket Navee 9WB P4A 03.02/1600 06.02/1500
        653 words
      • 1082 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/blance Rdts Stvp Voy No Etb/Btr Period From To From ACX Daisy 88 04/1800 2 02/1700 03/0659 03/0900 3 03/0700 03/1159 03/1400 4 03/1200 03/1459 03/1700 ACX Lily 7A 05/2100 3 03/0700 03/1159 03/1400 4 03/1200 03/1459 03/1700 Alh
        1,082 words
      • 380 43 Port Klang Berth at South Port on Jan 31: 1: nil; 2 Conquest Venture L 3 Puma; 4: nil; 5: nil; 6: Stnar Intan; 7; Pernas Safari; 7A: Melaka Jaya III; J Shell: Bafaung KCT: 8: Anro Temasek; 9: ml; 10: Anson, KH Repin North Port: 11:
        380 words
    • 1341 43 CHARTERING on the dry cargo freight market on Thursday was fairly routine with most activity centred on small grain cargoes, brokers said. The only fixing from the US Gulf was a 50,000 long ton heavy grain cargo to South Korea at U5526.50 for loading in the third week
      1,341 words
    • 575 44 Torstein Hagen says he is not sure if group shares his sense of urgency Reuter NORWEGIAN investor Torstein Hagen, wielding a 23 per cent stake in Koninklijke Nedlloyd Groep NV, said he is still not sure the troubled transport group shares his sense of urgency
      Reuter  -  575 words
    • 421 44 AFP TAIWAN and New Zealand are to hold talks in Taipei this week on the possibility of establishing direct air links despite China's objections to a similar agreement between Taiwan and Australia. "We hope to quickly negotiate terms acceptable to
      AFP  -  421 words
    • 173 44 Reuter A TRADE union representing 460 harbour workers at Rotterdam-based storage company Paktank has secured a 6 per cent wage increase for its members double the 3 per cent limit urged by the Dutch government. An official of the Vervoersbond FNV said his
      Reuter  -  173 words
  • Page 27 Advertisements
    • 134 27 Per Permit Of: Ito 5 Items 5516.00 6 to 10 Items 5525.00 11 to 15 Items 5535.00 We submit on your behalf to appropriate carrier For more info tel: *****06 Samat/Sharon Orion Exp rata SorvtcM Local Courior Sorvko* I 1* 1 I" IS HERE 1 W 1 MOL now offers
      134 words
    • 28 27 Cockett Report 2 Container Schedule 17 Darfy freghts 17 Intel to Advertisers 3 Shipping Guide 10,11 Sf*ps in Port 17 Singapore Tries 17 Weather and Sea Conditions 17
      28 words

  • Page 28 Advertisements
    • 101 28 FOR WHO, WHAT, WHERE AHD WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      101 words

  • Page 29 Advertisements
    • 1826 29 JAHWME SHIPPINC AGENCIES AmllVA 200 Cantonment Road #12 05 Southpoint. Singapore 0208 MlVf/ Tel *****11 TELEX NO RS ***** ■vflrrmm terminal, rei *****18 220 rßcGcfll BOOKINGS Tel *****34 258 m VWV J 'ESAKA jardine shipping AGENCIES SON BHD PORT KELANG TEL: *****18 MA*****/MA***** HHHB PENANG TEL *****4 TELEX MA***** CFS
      1,826 words
    • 1252 29 INDEX TMDVERTISHg Pa«f Col P*ge Col A Lucky Seaway 15 3 r Lykes Lines 5 1 ABC Containerhne 13 5 Accord Group 8 1-3 AFS 15 1 M Ahrenkiel Liner 16 3 Albatros Sea-Air 14 3 Mac-Nels Agencies 14 1/2 Alfred C Toepfer 15 5 Macoline 18 2/3 Anns 6
      1,252 words
    • 2217 29 NEXT SAILING TO USA LAURA MAERSK V.9102 i ETA 5/2/91 Vessel Voy ETA I ETD 'Port 'Penang DESTINATIONS Singapore Kelang This oee* Laura Maenfc 9102 Feeder by cr V 2 0300 h«s farco CFS M taoo MRS M Tauro OAK LGB MOU MEM ATL MIA CHS BAL PHL NYC MON
      2,217 words

  • Page 30 Advertisements
    • 1217 30 ROTTEDAM/ VOY NO S POflE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE BREMEN EXPRESS 01/510 4/2 29/2 23/2 22/2 IIUUHi LIVERPOOL BAY 03/514 4/2 21/2 24/2 L Mi WSTBOUHO f KATSURAGI 04/513 11/2 4/3 2/3 2*3 KHAW6 KKANG CARGO BENALDER 99/517 11/2 28/2 V 3 5/3 TO UKfIONTINCCT jjj&jL HAMBURG EXPRESS 01/516
      1,217 words
    • 528 30 rDIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT 1 I SLA KI.ORKAN A 22-2H/2 11/3 13/3 19/3 V ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE 5 SIN IQQ ANF VAP CALLAO SAN N (PERU) ANTONIO N ISLA FLOBEANA 22-28/2 1/4 3/4 6/4
      528 words
    • 1244 30 Ws%som&BM£k un REGULAR INDEPENDENT FULL CONTAINER SERVICE w»TßAu*lb F6H feyßore BCL H BRE 0T ANT m LH< SL/VOY (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 048* 05/02 25/02 26/02 01/03 02/03 03/03 04/03 05/03 06£3 !i a 8S Sg SS S£ w iiS §8 »aB3SSaS»SBWSS ai "Tn ACCEPTING CARGO
      1,244 words

  • Page 31 Advertisements
    • 1911 31 Steamers Maritime Holdings Ltd k- --> p£n inv STRAITS SHIPPING ■k4k OfcVr Slngiporg ig Bpuml, East Malaysia. Containers Voy No P Klang Spore Sloe H t*.i» B haven R'dam Leh ACCEPTS DUE SAILS BREMEN EXPRESS ***** KI)R 29,01 04.® 2MB 22.® 22® CARGO KATSURAGI 9AY ***** ►OOIOMB 10.® OTO3 01
      1,911 words
    • 1293 31 TO: U.S.A./PANAMA FM- II S A./PANAMA SP OAK LGB CRI FOB SAV NOR N*C NyC p„ L *0R SAV JAX CRI LGB OAK SP CHO YANG PARK If 101 IWJ 121 21/1 *>3 27,1 2*l »1 JAPAN S(N *A 105 111 I*l 20,1 21/1 2*l «/2 W 4/2 NEW YORK
      1,293 words
    • 368 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASEAN CHAMPION TRADER TRADER TRADER VOY NO IS 1 15 Spore 10(2 10/2 W P Kelang 13/2 17 2 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagcya Osaka Senboku Hochiminh NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN CHINESE PORTS.
      368 words

  • Page 32 Advertisements
    • 711 32 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VStVOY SPORE ROAMAOAM H BURG BREMEN ANTWERP ,n 223 28,3 2/4 4/4 TRIAS UNITY OffiWß 4 3 64 12,4 17,4 21/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject lo Inducement Alto accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste
      711 words
    • 1061 32 ®J& ife HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S'pore LEH RTM ANR HAM BRV FEL CHOYANC SUCCESS 012E 4/2 H HAMBURG 004E 4/J 7/1 HANJIN MASAN 062W 10/2 2»7 1 3 2 3 2 3 4 3 5,3 HANJIN HAMBURG OOSE 11/2 DIRECT 4/1 7/J HANJIN LEHAVRE
      1,061 words
    • 1360 32 -i" i —1 -T H 1 [PHL SGP HKC KSG KLC PUS HKT OSK NGT SMI TVO LAX CHS BAL NYC IHV ANW RDM THP HBG PSO CMB PKL SGP CUIOC RE 0« 417 S/2 10/2 11/2 13/2 14,2 19 2 21/2 22/2 23 2 24/2 1,3 20,1 22/3 24/3
      1,360 words

  • Page 33 Advertisements
    • 1786 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) jf BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mm AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE *****48'. TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 igfigU CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.L P (O3) E J1403^ H p D
      1,786 words
    • 1060 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) H DISCHARGING FROM EASTBOUNO LOADING FOR WESTBOUNO vesstis vo»A&£ spore |manila hkomc votacc scout pklang hbuhg b haven
      1,060 words

  • Page 34 Advertisements
    • 1627 34 0 —r I Q K line KAWASAKI RISEN KAISMA. LTD. jj I EXPORT N. AMERICA -PACIFIC SOUTH-WEST ~~7 IIMPORT N. AMERICA PACIFIC SOVTH-WEST a mother vessel voy hous lb oak tky feeoir vessel voy tut scp FEEDER VESSEL VOY *INDO *PK PNC SGP MOTHER VESSEL *0* IB OAK CHI N*C
      1,627 words
    • 1227 34 PHIU-Oni€NT UN€S PTC LTD XlOB ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76******38 s -jSM' BY AIR, LAND OR SEA Sflfcajjy WE TAKE 0N THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I 10 FEB MONTREAL, OTTAWA, TORONTO, I rHAR?^TnN
      1,227 words

  • Page 35 Advertisements
    • 1502 35 PACIFIC INTERNATIONAL LINES (PTE) LTD JP'L Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY S.N imt C IN VES9EL VOV S,N BKK S,N 2, PEGASUS PROGRESS 654N 7/2 10/2 14/2 KOTA PANJANG I«2 la/2 SE GLO V 9,05 12/2 2 I I HAI
      1,502 words
    • 1082 35 f BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VOY SPORE P KLANG S HAMPTON HAMBURG B HAVEN R'DAM L HAVRE Liverpool Bay* 03/514 4/2 Via KRM 21/2 23/2 26/2 Bremen Express
      1,082 words
    • 337 35 j —l ■iHII H i B I if] nVTin ifi M m 1 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg HPA-AN VIS9W In Pt PATHEIN VIO9W 9/12 Feb 4* Feb MYOMAYWA VI32W 7/9 Feb 4/6 Feb THE BANK LINE (A service of
      337 words



  • Page 38 Advertisements
    • 815 38 r MngRIINFSjN INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV Ro*» ANT HBC BRANDENBURG #Mlob fc/2 1/3 fcJ *3 *(3 4/3 EUROPEAN SEN WHO/ 1/2 11/3 5/3 3/3 13/3 LONDON SEN WHOS 17/2 17,3 IS/3 14/3 l»/3 SOHLAND *I*lo7 19/2 18/3 l»/3 TO EAST MEDITERRANEAN
      815 words
    • 1038 38 rasHzri CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 10/02 17/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 8/02 15/02 MANILA 9/02 16/02 PENANG 8/02 15/02 BUSAN 9/02 16/02 BANGKOK 5/02 7/02 TOKYO 7/02 14/02
      1,038 words
    • 251 38 LOADING FOR Visstl SPORE CBO OBN BAIHES MVIDEO *10 SIS VIT PAOJA MOSTWEEN 4 1,4 W 17.4 30/4 4/5 OPT V 91S011 DISCHARGING FM BRAZIL VESSEL SPORE HKG MNI KEE *0* NCO KOB MOSTWEEN i V 41M1 1 i/l 11/1 W MU Regular BBulk and Container Service Oirect to Turkey,
      251 words
    • 1192 38 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE "L. 2, MISTRI ROAD. HMC BUILDING TELEX r A R S Si #15-00, SINGAPORE 0207 rAo, c rn?TARi INF CR NO **********0 M CABLE. COSTARLINE General Agents: CO6TAR SHIPPING PTE LTD TO EUROPE FROM EUROPE VESSEL VOY SGP ROT HAM FLX
      1,192 words

  • Page 39 Advertisements
    • 886 39 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA Ml IPI l)estns 11/2, IH/2 I EUROPK all Ports 12/2, 19/2 BANGKOK 7/2, 12/2 HONGKONG/CHINA 8/2, 12/2 SYI), MEL, ADEL, BRIS 7/2, 14/2 FREMANTLE 7/2, 16/2 MANILA 7/2, 14/2 PKLG/PENANG 10/2, 17/2 Port Kslang Branch Tel: *****21/2/3 Fax:
      886 words
    • 264 39 RICHFIELD MARINE AGENCIES |S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) lit* ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCLAND CONVENTIONAL VESSEL IvOY ETA IIOADtNG FOR SPORE AOBAY WONZ 2 "WO 10/02 DARCSSAI AAM MOMOASA DJIBOUTI i ASSAB MASSAWA NETSANtf 21AB
      264 words
    • 704 39 MASKAPAI PELAYARAN WPULAU LAUT FULL* CONTAINERISED REGIONAL FEEOER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA'SERVICE VSL VOY SIN JKT PAJ SIN PUL BAHAGIA
      704 words
    • 602 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S PORE SYO MEL VESSEL WY SINGAPORE BANGKOK PIYA BHUM 0101 13-14/2 26 2S/2 02 04/3 MAHA BHUM# 45N Tut 5/2 Fri 8/2_ PLANETA 0246 28 01/3 13-15/3 17-19/3 NANTA BHUM 27N Wed 6/2 Sal 9/2_ PIYA BHUM 0302 15 16/3 28 30/3 01-03/4 JENLINK 43,11
      602 words
    • 437 39 TO AUSTRALIA/NEW ZEALAND 7 I [~VSL (in Fwl Steib IsJS jAMk pltt |P CHALK I I BRUSSCL 2« 5/2 2V2 2/3 VI 11/3 I*3 1M c verouk m 1/3 I*3 i*3 2*3 51 ii/ 3 ANTYIFERPEN HI IT! 27/3 24 M W >M W I TNT EXPRESS 2H 1M MM
      437 words

  • Page 40 Advertisements
    • 1113 40 MAC-NELS SINGAPORE il export TEL *****22 IMPORT TEL: *****02 hs, kuching nt gg ssr s s 3\EA3' ba™u G m !SS sr' NG tel 1084, 3,8822 LABUAN TEL jOMJ 4,4,99 PANJANG TFL (721M3305 SURABAYA TEL 31) *****0 BRUNEI TEL *****9 [USA_ PEN PK SIN 6/2 7/2 8/2 Oakland/San Francisco Tawau
      1,113 words
    • 441 40 fiM BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAFIFR. WELLINGTON. BLUFF. CHKLSTCHURCH. DUNEDIN, LYTTELTON, INVERCARCiIL. FIJI AND TAHITI SIN N PtV AUCK ITT MULBERA MS 14 Feb 24 Feb V.a NPL 27
      441 words
    • 1032 40 /SCI THONG SOON LINES PTE. LTD. 1 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINEsT" SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH VESSEL TVOT lETA [BEIT VESSEL "TVOT ETA PEST r KIM SOON LI 5/91E 08
      1,032 words

  • Page 41 Advertisements
    • 940 41 w 1 wjm jyiM Av COMPANIA PERUANA VWWL DE VAPORES "PERUVIAN STATE LINE" «l ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM k CALLAO, MATARANI. ILO* OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msta s THOMASEVERETT K3006 Feb KARABIEVERETT 05 06 Feb 07,09
      940 words
    • 498 41 _I— Ji 11 VSL IvOY Is PORE [MAINLINtW [LAX IkST |SAV bIYC [HEX I VESSEL 6/2 71* HONGKONG 5/3 Mil 17/3 H/l 21/3 IM OSAKA 16E 9/2 211* TOKYO 14/3 23/3 26/3 21/3 30/3 IM SYDNEY 123E 16,2 2IM TOKYO 14 3 23/3 »/3 28/3 30,3 IM SINGAPORE 38E 20/2
      498 words
    • 706 41 SING KWANG HANG SHIPPING 4 TRANSPORTATION (Pit) LTO WEEKLY LCL/FCL SERVICE [vESSEI |S PORE JAKARTA SURABAYA MEKHANIK KURAKO V 46N 14/2 17/2 EQUATOR JOY V I3N |08/2 I VESSEL S PORE BANGKOK A VESSEL 03/2 06/2 A VESSEL 14/2 17/ 2 DESTINATIONS ETA SINGAPORE PORT KELANG 08 FEB MANILA 09
      706 words
    • 564 41 PERINTIS LINE I j ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE TIA 143 A 07/02 10/02 PELOPOR 974 09/0? 12/02 PRASETIA 145 A 14/02 17/02 TANTO UTAMA 139 04/02 07/02 TANTO UTAMA 141 11/02 14/02 TANTO UTAMA 143 18/02 21/02 General Agents ASIA
      564 words
    • 392 41 SIN FAR EAST 7/2 KEELUNG/KAOHSIUNG 9/2 BANGKOK 10/2 MANILA/CEBU 9/2 JAKARTA/BELAWAN/SURABAYA 9/2 PORT KELANG/PENANG/E. Malaysia 17/2 BUSAN 10/2 TOKYO/YOKO/KOBE/NGO/OSA 6/2 HONG KONG S|N CHINA 5/2 GUANG2HOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG Tl ANJIN/QINGDAO/HAIKOU also accepting LCL cargo UN EUROPE/UK 9/2 LDN/FLX/LVP/SOU 9/2 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 5/2
      392 words

  • Page 42 Advertisements
    • 701 42 »T ~daT CB SHIPPING u™o>. MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/RREAKBULK SERVICE •ANKE" SERVICE JAR SP£ POM LAt TVIUi V 21SB 31,3 2/2 lSi? 14(2 Mi* V22SB 2/3 V 3 19 J W a J P.N.Q FREIGHT RATES PEA TEU LCL CARGO B/BULK OENERAL/FAK USDISSO USOSS/R.T USO7O/R T
      701 words
    • 876 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE sr sx 9 si 4 3 as >• JO,M i!' 3 S! aw. Al SO ACCEPTING CARGO FOR Mil ANO lASPEZIA PROVAGUO BARCELONA ZURICH VENEZLA MARSEILLES VARNA BURGAS VENICE ANCONA MONFAI COKt BEOGRAD BAGDAD ISTANBUL CZECHOSLOVAKIA YUGOSLAVIA
      876 words
    • 506 42 CUJI conmv imEßmonnt\ V LCL/FCL SERVICE FROM fX \m\ B W CUff opf»— ovw 600 t»rmin»l>/offloa« in U.SA II (|ff®SiD m CUJI maintains ov*r 35,000 tractors trucks. II W&l /■A JCM over 60,000 points in U.S.A. I_l rarOll /fllßu CUJloffwreiiabl«LCLfClservices. Ger*r»l Agent* >fy 7&WS-Z//V/C rp/i PENANG- KL: allied LINK SINGAPORE:
      506 words
    • 532 42 gEW 1 fin Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 1674 04 FEB 06 FEB TAKARI IV 4058 08 FEB 10 FEB TAKARI I 1676 11 FEB 13 FEB TAKARI IV 4060
      532 words

  • Page 43 Miscellaneous
    • 453 43 TIDES AND WEATHER TODAY'S TIDES (hefrt in metres) HOIK 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 **********00 1500 1(00 *****1001)00 2000 2100 2200 2300 ft 18 24 26 2 7 25 20 15 10 0 7 06 08 12 1.8 24 28 28 26 2.2
      453 words

  • Page 44 Advertisements
    • 358 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 4/2 BATU AMPAR/SEKUPANG/BATAM k saws KUALA SIAK V 1512 5 vessels (weekly) to PERAVKANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavylift cargo. Owners
      358 words
    • 646 44 As, HYU N D/^l MERCHANT MARINE CO. LTDEASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HHC SIN HYUNDAI COMMANDER 23E 912 14/2 4/3 7/3 10/3 9/3 CGM P SC Si oinDCD S2 i!l JJn "w HYUNDAI CHALLENGER
      646 words
    • 612 44 CHARTPOINT Every Saturday in Business Times APPOMTMENT An established local company with diversified interests in trading, shipping and properties is seeking suitably qualified candidates to Join their freight forwarding division. Interested candidates with following qualifications, please send in your resume (with tel contact no.), stating expected renumerations and enclose a
      612 words