The Business Times, 14 February 1991

Microfilm: NL17399
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times MCI (P) 16/12/90 Thursday February 14 1991 75 c
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  • NEWS SUMMARY
    • Article
      Russian Deputy PM quits with charges of dirty campaign
      74 1 THE REFORMIST deputy premier of the Russian Federation, Gennady Filshin, resigned yesterday, saying he was victim of a campaign to undermine the republic's liberal leadership. He alluded in his resignation letter that the KGB and old-style Soviet officials were working to
      74 words
    • Article
      Hotel sweeteners
      31 1 LOCAL HOTELS are offering discounts and special Lunar New Year weekend packages to attract Singaporeans to fill rooms left vacant in the wake of the Gulf war Page 2
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    • Article
      HDB changes terms
      34 1 THE HOUSING and Development Board has changed two conditions to make the Geylang Serai Malay Village project up for a second tender on Monday more palatable to would-be investors Page 2
      34 words
    • Article
      Fears over trade zone
      32 1 ASIA'S newly industrialising economies as well as those scrambling to join their ranks view the proposed formation of a US-Canada-Mexico free trade zone with some foreboding Page 6
      32 words
    • Article
      Bush confident in Fed
      42 1 US PRESIDENT George Bush says the Federal Reserve is in a good position to fight the recession without fuelling inflation and it is important that the Fed put enough money in the economy to sustain growth Page 7
      42 words
    • Article
      Bonn to the rescue
      27 1 THE GERMAN government, alarmed by the accelerating collapse of former East Germany's economy, announced damage-control measures to try to avert disaster. Page 7
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    • Article
      Question for Australia
      25 1 WITH Gatt in its present state of inertia, the question facing Australia is: Should it now align itself with Asia? Page 9
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    • Article
      All about kissing
      22 1 WHO invented kissing? The latest in how-to/trivia books offer chapters on almost every aspect of the kiss Page 11
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    • Article
      Nedlloyd upgrading
      26 1 DUTCH line Nedlloyd is upgrading two of its Far East services with the introduction of faster and more modern tonnage. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      37 1 BLUE CHIP stocks were slightly down soon after the start of Wall Street trading yesterday. The Dow Jones average of 30 leading industrials slipped 0.74 points to 2,874.01 points five minutes after the opening bell.
      37 words
    • Article
      Footsie higher
      40 1 THE ANNOUNCEMENT of a 0.5 per cent cut in interest rates saw shares in London recover after lower opening yesterday. By midday, the Footsie index of 100 leading shares stood at 2,265.4, up 0.9 points on Tuesday's close.
      40 words
    • Article
      Sweeter than it seems
      34 1 THE NZ$5OO million brewery-to-supermarkets deal that Asia Pacific Breweries has forged with Brierley Industries in New Zealand offers more potential for APB than is obvious at first sight Page 3
      34 words
    • Article
      Slow start for deposit
      28 1 INDIVIDUAL customers have not been particularly drawn to the new seven-day fixed deposits which, according to dealers, are expected to benefit corporations more PageS
      28 words
    • Article
      Market holidays
      33 1 TAIWAN markets are closed for the Lunar New Year and will reopen on Feb 20, Wednesday. Malaysian, Hongkong and South Korean markets are closed from today and will reopen on Monday.
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 644.10 4.13 Kuala Lumpur ....527.60 +1.59 Hongkong 3,412.66 +17.66 Tokyo 25,139.47 +204.46 Svdney 1,378.2 -7.4 Tuesday Change New York 2,874.75 -27.48 London 2,264.5 -14.5
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SS1.7115 i 00 Yen SS 1.3288 MS SS0.6361 Money market rates Overnight 4-1/2 -1/8 3-month 4-1/2 -3/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS367.05 US$5.00 Rubber S'pore Mar 144.50*/kg -0.50 M'sia Mar.... 229.00«/kg unch KL Tin Turnover 50 tonnes-4 Spot MS 14.63 /kg -0.01 Crude palm oil Turnover 319 lots -98 Feb MS846 /tonne unch
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  • Article, Illustration
    PM keen to see more MPs on companies' boards
    415 1  -  Be on guard against people who curry favour By Dexter Lee PRIME MINISTER Goh Chok Tong is keen to see more backbenchers serve on the boards of private sector companies. But Members of Parliament who accept such appointments must distinguish clearly
    415 words
  • Article
    Another MP scales corporate heights
    227 1 IN ASSUMING the non-ex-ecutive chairmanship of Chuan Hup Holdings (CHH), Dr Tan Cheng Bock joins a growing list of backbenchers who head private sector companies. They include Dr Hong Hai, president and chief executive officer of Haw Par International; Mr Bernard Chen, group general manager
    227 words
  • Article, Illustration
    Low Keng Huat group wins CHIJ bid
    330 1  -  By Elaine Koh A CONSORTIUM led by construction group Low Keng Huat has beaten DBS Land to secure the right to turn the former Convent of the Holy Infant Jesus (CHIJ) site into a commercial complex. Its bid of $26.8 million for the
    330 words
  • Article
    Lock icon Japan's strong January trade figures may be misleading
    264 1 Reuter ROBUST exports fuelled a sharp rise in Japan's trade surplus in January, but economists there questioned the reliability of the first-month data. Japan's customs-cleared trade balance widened to an unadjusted U*****.6 million (Ssl.7 billion) surplus in January, from a revised $319.4
    Reuter  -  264 words
  • Article
    Lock icon Britain lowers lending rate by half a point
    456 1 Reuter BRITAIN'S Conservative government cut interest rates yesterday as the country's economy headed deeper into a recession. The Bank of England signalled that bank base lending rates should be cut by half a percentage point to 13.5 per cent when it cut
    Reuter  -  456 words
  • Article
    Lock icon Major Thai banks cut deposit, lending rates
    168 1 Reuter FIVE major Thai commercial banks will cut deposit rates by 0.5 to 1.0 percentage point and lending rates by 0.25 percentage point from Feb 18. Bangkok Bank Ltd, Thai Farmers Bank Ltd, Krung Thai Bank Ltd, the Siam Commercial Bank Ltd and
    Reuter  -  168 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Dr Tan Swan Beng is new CIDB chairman
        89 2 DR TAN SWAN BENG, the current director-general of Public Works, has been appointed the new chairman of the Construction Industry Development Board. He succeeds Dr Cham Tao Soon, who is leav ing to concentrate on establishing the Nanyang Technological Institute as a
        89 words
      • Article
        Advice on use of unleaded petrol
        43 2 THE Singapore Motor Traders Association (SMTA) has advised motorists to check with their local motor distributor when they have doubts about their car's compatibility with unleaded petrol. This is because there has been confusion about certain models.
        43 words
      • Article
        Jurong West building tender
        69 2 THE TENDER for the building contract, including sanitary, water and gas installation at Jurong West Neighbourhood 8 Contract 6 (a total 407 dwelling units) was won by Straits Construction with a bid of $37.28 million. The others who participated in the tender included Poh Lian Construction,
        69 words
      • Article
        SAF military exercises
        66 2 THE Singapore Armed Forces will be conducting military exercises in Lim Chu Kang, Hong Kah, Marsiling, Mandai, Sembawang, Loyang, Tampines, Upper Jurong, Jalan Bahar, Kranji and Seletar areas from Bam on Monday to 12 noon on next Saturday. The SAF will also be conducting a live firing
        66 words
    • Article
      Recycling still not widely practised in Singapore: author
      327 2 SINGAPORE has a good track record in environmental protection but has made slow progress in the area of recycling compared to other developed countries. This point was raised by Dr R C Cooper, writer of the book, War on Waste How to
      327 words
    • Article
      Hotels cut rates to cash in on festivities
      376 2  -  By Chitra Rajaram LOCAL HOTELS are offering discounts and special Lunar New Year weekend packages to attract Singaporeans to fill rooms left vacant in the wake of the Gulf war. Most of the hotels have put together these packages at the last
      376 words
    • Article, Illustration
      Bigger area, longer lease to make Malay Village more attractive
      437 2  -  By Carolyn Lim THE Housing and Development Board (HDB), which is putting the Geylang Serai Malay Village up for a second tender on Monday, has changed two conditions to make the project more palatable to would-be investors. One involves extending
      437 words
    • Article
      Air-to-ground phone calls now possible in Pacific region
      278 2 SINGAPORE TELECOM'S Aeronautical Ground Earth Station (GES) can now offer Skyphone service to passengers on board aircraft flying over the Pacific Ocean region. The GES, which started operations in February, is the first to operate in the region for voice communications. The
      278 words
    • Article, Illustration
      Bosses want guidelines on who an executive is
      346 2  -  Employers agree to work with unions on issue By Chuang Peck Ming EMPLOYERS want clear guidelines on who an executive is in order to settle the fake promotion issue raised recently by unions. And they will work together with unions to resolve
      346 words
    • Article
      Singatronics to invest $1.8m in plastics company
      285 2 IN A move to diversify its business and broaden its earnings base, Singatronics Ltd will invest $1.8 million in Singapore-incorporated Theck Heng Industrial Pte Ltd, a mould manufacturing and plastic injection moulding company. Singatronics has entered into a conditional agreement to acquire 60
      285 words
    • Article
      Hai Sun Hup-Mitsui OSK venture to buy vessel
      243 2 SHIPPING group Hai Sun Hup has entered into a joint venture with Mitsui OSK Lines to acquire a carrier vessel from the latter for US$9.5 million (S$ 16.2 million). Hai Sun Hup said yesterday that through Sinplax Pte Ltd (a $2 company),
      243 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      119 2 club^~ Are you lonesome J tonight?^ Well, if you're at Club 5. it's unlikely you'd have the to feel this way. With the music and mood so right, there's just so much you can do for romance. Dancing cheek-to-cheek. Making dedications in the name of love. Sharing a concoction of
      119 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      APB's New Zealand deal looks good
      888 3  -  Magnum stake gives APB more than just a chunk ot NZ s second largest brewer From Selwyn Parker in AUCKLAND THE NZ$5OO MILLION (SSSIO million) brewery-to-supermarket deal that Asia Pacific Breweries has forged with Brierley Industries in New Zealand offers more potential for APB
      888 words
    • Article
      Kep Finance hopes to at least maintain 1990 profit
      329 3 KEPPEL FINANCE hopes to at least maintain its profitability in the current year. The first member of the Keppel group to report its 1990 annual results, Keppel Finance turned in $5.28 million in group after-tax profits last year, a marginal gain
      329 words
    • Article
      Four Jardine companies to be listed here from Feb 20
      276 3 FOUR COMPANIES of the Jardine group which sought a secondary listing on the Stock Exchange of Singapore last week will be listed here from Feb 20. Trading in Jardine Matheson, Jardine Strategic Holdings, Mandarin Oriental and Dairy Farm will be
      276 words
    • Article
      Telecom stocks that are beckoning
      620 3  -  MARKET TALK Telekom, Time Engineering, Uniphone in analysts' buy list By William Chia THE HIGH growth potential of the Malaysian telecommunications sector has excited many analysts, some of whom have been strongly recommending stocks in the group. Lum Chang Securities in its February report on
      620 words
    • Article
      United Engineers ties up with Austrian engineering firm
      334 3  -  By S N Vasuki AS PART OF a strategy to diversify its product base and markets, United Engineers Ltd has formed a joint venture with Austrian engineering and construction company Waagner-Biro. The joint-venture firm, UE Waagner-Biro Pte Ltd, will have an authorised
      334 words
    • COMPANY BRIEFS
      • Article
        Chua Kim Yeow appointed to CDL board
        104 3 MR CHUA KIM YEOW has been appointed to the board of City Developments Ltd on Feb 11. Mr Chua, declaring his interests in the Hong Leong group of companies, said he has 25,000 CDL shares but none of its bonds or warrants, as
        104 words
      • Article
        OUS' net tangible assets
        25 3 OVERSEAS Union Securities has announced that its group net tangible assets backing (NTA) per $1.00 share at Jan 31 was $2.54.
        25 words
      • Article
        Kim Eng director sells shares
        41 3 MR A W HOBBS, a director of Kim Eng Holdings, sold 100,000 Kim Eng shares on Feb 11 at an average price of $1.0352 per share. After the sale, he still holds 1,127,160 Kim Eng shares.
        41 words
      • Article
        Heavy trading in Amcol shares
        34 3 AMCOL HOLDINGS, answering a Stock Exchange of Singapore query, said its directors are not aware of any reason for the sharp rise in the turnover of the company's shares.
        34 words
      • Article
        Wing Tai to explain deal
        57 3 WING TAI HOLDINGS said agreement has been reached to extend the completion date for acquiring New Chance Developments, Broxbourne Assets and Caldecote Industries to March 6, 1991. It added that consultation will be made with the Stock Exchange of Singapore and an explanatory circular will
        57 words
      • Article
        PLUS awards M$151m contract
        48 3 PROJEK LEBUHRAYA Utara-Selatan Bhd has awarded the M$ 151 million (Ss96 million) contract for the construction of the part of the new Klang Valley expressway between Bukit Lanjan and Jalan Duta to a joint venture between Pati Sdn Bhd and TAS Industries Sdn Bhd.
        48 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      543 3 Which hotel will you stay in, daddy? i W ANA HOTEL SINGAPORE 1 l-l I •II 1 >. 11..n K, -I- 1 I y I I. V W\HM I' X '>1 I' I IF I I Keppel Finance Limited I H (Incorporated in the Republic of Singapore) H I The
      543 words
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  • COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Exxon strikes oil and gas off Malaysia
        83 4 EXXON Corp said an oil and gas discovery, 278 km off Malaysia, flowed at rates in excess of 6,650 barrels ot oil daily on a production test of one interval at 1,725 m. The company said the North Lukut One wildcat well, located
        83 words
      • Article
        Motorola in deal with Kuwait
        79 4 MOTOROLA Inc has a multi-million dollar contract with Kuwait for a Local Area Network mobile communications system to replace one destroyed during Iraq's invasion of Kuwait, an industry source said. "It's being assembled for rapid (delivery)" upon resolution of conflict in the Gulf, the source
        79 words
      • Article
        Mutual support for Novell, IBM
        59 4 NOVELL Inc said that under its agreement with International Business Machines Corp, IBM will market, service and support Novell's network computing software, and each company has agreed to develop products that enhance interoperability between Novell and IBM network computing environments. Novell announced the signing of
        59 words
      • Article
        Skase fails to appear in court again
        79 4 CHRISTOPHER Skase, former chairman of the failed Qintex group, failed for the second time to appear in court on Tuesday to face charges of assaulting a photographer. The Southport Magistrates Court ordered a new hearing on May 27 after lawyers said he could
        79 words
      • Article
        Pilkington to close NZ plant
        57 4 BRITISH glass maker Pilkington pic said its sheet glass plant at Whangarei north of Auckland, New Zealand, was to close with the loss of 180 jobs. Pilkington said a combination of reduced tariff protection and export incentives and the growing availability of float glass in
        57 words
      • Article
        Toshiba to develop LCDs
        62 4 TOSHIBA Corp plans to spend 80 billion yen (551.04 billion) on development of liquid crystal displays (LCDs) in the four years to March 31, 1994, a company spokesman said. The company will spend some 10 billion yen on its plant in Saitama near Tokyo and will
        62 words
      • Article
        Peregrine denies placement
        57 4 PEREGRINE Brokerage of Hongkong denied market talk that it placed Cheung Kong (Holdings) Ltd shares on Tuesday morning. Brokers said the belief that Peregrine was placing stock for Cheung Kong chairman Li Ka-shing sparked market nervousness and selling, paring some 24 points from the Hang Seng Index
        57 words
    • Article, Illustration
      Lock icon NCR turns over shareholders list to AT&T
      542 4 NYT NCR CORP turned over a list containing the names of most of its shareholders to AT&T, after a ruling on Tuesday by a federal appeals court in Manhattan in the takeover battle being waged by the telephone company. The list gives AT&T
      NYT  -  542 words
    • Article
      Lock icon Analysts expect BP's full-year profits to be flat
      541 4 Reuter BRITISH PETROLEUM Co pic's dividend and its accounting treatment of oil stocks will be the focus of attention when the company reports its fourth quarter and 1990 full year results today, share analysts said. They said production profits will star in
      Reuter  -  541 words
    • Article
      Lock icon Toy maker Hasbro's profits better than expected
      286 4 NYT DESPITE a dismal Christmas for the US toy industry, Hasbro Inc said on Monday that its fourth-quarter performance was relatively strong. The toy maker said earnings rose 16.3 per cent to $27.9 million (Ss4B million) or 49 cents-a-share, from $24 million, or
      NYT  -  286 words
    • Article
      Lock icon Questions raised about AM Best's system of rating insurers
      623 4 NYT AM BEST, the 92-year-old company on which thousands of American corporations and consumers depend for evaluations of the financial health of insurance companies, is being accused of grade inflation. A new study concludes it is significantly easier for insurance companies
      NYT  -  623 words
    • Article
      Lock icon Debt-laden Financial News Network sold
      514 4 Group W Satellite and Dow Jones clinch deal NYT GROUP W Satellite Communications and Dow Jones Co said on Tuesday that they had agreed in principle to buy the Financial News Network, the advertiser-sup-ported cable service that reaches 35 million homes in the US. No
      NYT  -  514 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      89 4 FOR SUCCESSFUL MANAGEMENT OF YOUR business qi 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
      89 words
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  • FINANCIAL NEWS
    • Article
      Cool response to new seven-day fixed deposits
      446 5  -  By Quak Hiang Whai THE newly-introduced sev-en-day fixed deposits have not drawn much response from individual customers and are expected to benefit corporations more, dealers said. Finance companies stand to lose from the Association of Banks in Singapore's new ruling as many corporations
      446 words
    • Article
      Thai central bank to remain independent: commission head
      455 5 THE CHAIRMAN of a Thai special commission on financial services has said his panel will not affect the independence of the central bank's monetary policies. The Nation reported that Tarrin Nimmanahaeminda, the Siam Commercial Bank president who was appointed to the position
      455 words
    • Article, Illustration
      Lock icon Upbeat US statements aimed at propping up dollar
      298 5 NYT THE WHITE HOUSE has sought to prop up the dollar with upbeat statements about the US economy after 14 central banks had again been forced to intervene on the foreign exchanges to support the currency. Mr Michael Boskin, the White House
      NYT  -  298 words
    • Article
      Lock icon EC central bankers' meeting good-tempered and normal
      289 5 Reuter EUROPEAN Community (EC) central bank governors held a good-tempered, routine monthly meeting, a European central bank official said. "It was a very normal round of meetings, in which we surveyed the (European) economies," the official said in a telephone interview. There have
      Reuter  -  289 words
    • Article
      Lock icon Settlement of Dallas bank legal claims approved
      312 5 NYT A FEDERAL bankruptcy judge has approved a settlement of legal claims and counterclaims that will amount to nearly complete repayment for holders of senior debt of First Republicbank in Dallas. First Republicbank, once the largest bank-holding company in Texas, has been in
      NYT  -  312 words
    • Article, Illustration
      Lock icon Basle capital standards may tighten loans, says US report
      435 5 FT US BANKS may have to restrain their lending further, unless the Basle framework of minimum capital standards for banks is urgently revised, the Bush administration has warned. New minimum capital standards for banks in the main industrial countries are being
      FT  -  435 words
    • SMALL CHANGE
      • Article
        Germany denies report of going slow on EMU
        86 5 GERMAN government spokesman Dieter Vogel denied a report in Britain's Financial Times newspaper that Bonn was willing to "go slow" on the road to economic and monetary union within the European Community. Mr Vogel sa,<^ tl J® report was without any foundation.
        86 words
      • Article
        BOJ rules out discount rate cut
        90 5 JAPANESE Finance Minister Ryutaro Hashimoto has ruled out the possibility of the Bank of Japan reducing its official discount rate in the immediate future. There has been persistent speculation in financial markets that the central bank may reduce the official discount rate in following
        90 words
      • Article
        US bankers unveil fund plan
        89 5 US BANKERS unveiled a US$lO billion (Ssl7 billion) plan on Tuesday to beef up the shrinking bank deposit insurance fund without using taxpayers' money, but the proposals came under swift attack in Congress. The proposal calls for the Federal Deposit Insurance Corp to borrow up
        89 words
      • Article
        Lamont will not devalue £
        106 5 Lamont will not devalue UK CHANCELLOR of the Exchequer Norman Lamont, facing pressure to cut bank base interest rates, said he had ruled out a devaluation of sterling because it would lead to higher inflation and job losses. He called a devaluation of sterling within the EC exchange rate mechanism
        106 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 5 Dollar$ Non$en$e
        2 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Firms seek oil prospecting in Cambodia
        112 6 THIRTEEN foreign companies have contacted Cambodia about oil prospecting in its south-western region, the country's official SPK news agency reported yesterday. It did not name any of the companies that it said were interested in a 435-km area from Kampot to Koh Kong provinces.
        112 words
      • Article
        Laos tourism earnings up
        88 6 LAOS' NATIONAL Tourism Company served about 6,400 foreign visitors last year, the isolated country's official KPL news agency reported. Most tourists to Laos go through the National Tourism Company, said travel agents in neighbouring Thailand. The company earned more than US$l million (S$ 1.7 million) during
        88 words
      • Article
        Paris lifts visa curbs on NZ
        106 6 RELATIONS between France and New Zealand showed signs of improvement yesterday with a French Embassy announcement that France would lift entry visa restrictions for New Zealanders from February 18. Diplomatic relations between the two countries have been tense since the bombing of the Greenpeace
        106 words
      • Article
        Manila imposes visa rule
        67 6 THE PHILIPPINE immigration bureau yesterday announced a "no visa, no entry" rule on Iraqis, Jordanians and Palestinians for fear of fresh terrorist plots on US and other foreign targets in the country. The order obliges such temporarily restricted nationals to obtain visas from Philippine embassies or
        67 words
      • Article
        Aussies seek refugee academics
        79 6 AUSTRALIA needs 19,000 overseas academics to improve falling educational standards and will dip into "refugee markets" such as China, Hongkong, eastern Europe and South Africa, a government report said yesterday. The Australian government is considering ways to speed up the intake of immigrant academics, such as
        79 words
      • Article
        NZ to simplify tax returns
        89 6 THE ANNUAL ritual of filing a tax return could become just a bad memory as Revenue Minister Wyatt Creech has confirmed the New Zealand government is considering scrapping them in an interview with the Wellington daily the Dominion. New Zealand was among the first countries
        89 words
    • Article, Illustration
      Lock icon NIEs fear proposed N American bloc
      600 6 Japanese see investment opportunities in free trade zone AFP ASIA'S newly industrialising economies (NIEs) and those scrambling to join their ranks view the proposed formation of a US-Canada-Mexico free trade zone with some foreboding. "If it involves lower trade barriers (among the three) than
      AFP  -  600 words
    • Article
      Call to drop protectionist policies
      445 6  -  From Al O Labita Jr in MANILA THE PHILIPPINES will continue to lag behind Singapore and other Asian neighbours in luring foreign capital unless it casts off its protectionist policies, Filipino businessmen say. "We must rid ourselves of this protectionist stance towards foreign capital," says
      445 words
    • Article
      Lock icon Manila seeking co-financing deals from lenders
      191 6 Reuter THE NEW money package that the Philippines is seeking from commercial banks will come in the form of cofinancing programmes with multilateral agencies. "Instead of straight new money, what we are talking about is co-financing," Finance Secretary Jesus Estanislao said in Manila on
      Reuter  -  191 words
    • Article
      Lock icon Keating rules out interest rate cut
      251 6 AFP AUSTRALIAN Treasurer Paul Keating yesterday ruled out another cut in interest rates after seeing inflation jump in the last three months of last year. A surge in petrol prices due to the Gulf crisis was a major factor in the 2.7 per cent
      AFP  -  251 words
    • Article
      Lock icon NZ suspends wool floor price
      277 6 AFP THE NEW ZEALAND Wool Board is suspending its minimum price scheme for wool in the wake of Monday's move by Australia to cut price support. Although expected, a farmer's representative in Wellington described the de- cision, which was announced on Tuesday, as potentially devastating.
      AFP  -  277 words
    • Article
      Lock icon Sarawak plans KL office to woo investors
      268 6 Bernama THE SARAWAK Industrial Development Ministry is setting up a representative office in Kuala Lumpur to woo foreign investors to the state. State Industrial Development Minister Datuk Abang Haji Johari Tun Haji Openg said on Tuesday the office was necessary as the state
      Bernama  -  268 words
    • Article, Illustration
      Lock icon M'sia to focus on processing
      733 6 Move away from raw production Reuter MALAYSIA, a major commodity producer, plans to shift its focus from raw production to value-added downstream processing by the turn of the century, Primary Industries Minister Lim Keng Yaik said. Malaysia will gradually relinquish its position as the top
      Reuter  -  733 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      156 6 Mcllwraith McEacharn Operations Limited 5538,000,000 Guaranteed Floating Rate Notes Due 1992 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 14 February 1991 to 14 May 1991, the Notes will carry a rate of interest of 5.6625 per cent, per annum
      156 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Fed can fight recession, says Bush
      515 7 US central bank urged to maintain money supply to sustain growth Reuter US PRESIDENT George Bush has said that the US Federal Reserve is in a good position to fight the recession without fuelling inflation and it is important that the central bank put
      Reuter  -  515 words
    • Article
      Lock icon Gorbachev denies retreat from reforms
      436 7 Agencies SOVIET PRESIDENT Mikhail Gorbachev has rejected suggestions that he had turned sharply to the right in his policies and virtually halted his perestroika reform programme. Tass news agency said on Tuesday in a report on Mr Gorbachev's talks with visiting French Foreign Minister Roland
      Agencies  -  436 words
    • Article
      Lock icon Paris and Moscow strike trade deal
      210 7 Reuter FRENCH Finance Minister Pierre Beregovoy said the Soviet crackdown in the Baltic republics should not impede trade, and announced a two billion franc (Ss6B million) credit package for Moscow to buy French capital goods. Mr Beregovoy told a news conference at the end
      Reuter  -  210 words
    • Article, Illustration
      Another night, another fight
      43 7 What appears to be a light show over Israel is actually a Patriot missile in a duel against yet another Scud Tuesday? For Israelis and Saudis, the Patriot is what stands between them and Baghdad s dreams of destruction.
      43 words
    • Article
      Lock icon EC plans to cut reliance on Mideast oil
      354 7 THE GULF WAR?] Reuter PLANS for a European Energy Charter, expected to be unveiled by the European Commission yesterday, aim to cut Europe free of dependence on Middle East oil by tapping the Soviet Union's abundant energy supplies, EC officials said. The
      Reuter  -  354 words
    • Article
      Lock icon Gulf states could spend up to US$5b to clean up oil slick
      239 7 Reuter THE COST of fighting the effects of a Gulf war oil slick lapping at Saudi Arabia's east coast is expected to be about US$l billion (Ssl.7 billion) over the next six months, say Saudi government officials. And
      Reuter  -  239 words
    • Article
      Lock icon Bonn acts to avert economic collapse in east Germany
      383 7 Reuter THE German government, alarmed by the accelerating collapse of former East Germany's economy, has announced damage-control measures to try to avert disaster. Economics Minister Jucrgen Mocllemann admitted Bonn had underestimated the crisis in the east. He proposed a 10-point emergency
      Reuter  -  383 words
    • WORLD WATCH
      • Article
        Gulf jitters hit Japan's foreign tour boom
        70 7 JAPANESE TOURISTS, who travelled abroad in record numbers last year, are cancelling trips to Europe and the United States out of fear of the Gulf War, the Japan Travel Bureau (JTB) said on Tuesday. JTB said about 87.000 people representing 20 per cent
        70 words
      • Article
        Sri Lanka seeking IMF loan
        74 7 SRI LANKA is seeking a loan of up to US$5OO million (SsBss million) from the International Monetary Fund (IMF) this year to help offset a shortfall of foreign exchange caused by the Gulf War, a senior government economist said yesterday. "We are losing between US$lOO
        74 words
      • Article
        Bulgaria agrees to austerity plan
        65 7 BULGARIA has agreed on a tough austerity programme with the International Monetary Fund (IMF) which it hopes will haul the country away from "the abyss", Finance Minister Ivan Rostov said on Tuesday. Mr Kostiv said Bulgaria also hoped to clinch a US$3BO million IMF loan
        65 words
      • Article
        Hungarian exports still hurt
        69 7 DELAYS in payment guarantees continue to hamstring Hungarian exports to the Soviet Union, a top trade official sajd, adding that he feared resolving the problem could be long and difficult. Laszlo Timar. head of the Ministry of International Economic Relations' Soviet Union department, said that Soviet
        69 words
      • Article
        Canadian banks deny accusation
        76 7 CANADIAN BANKERS denied accusations made by the" Soviet prime minister Valentin Pavlov that they had collaborated in an attempt to overthrow President Mikhail Gorbachev last month in an economic coup. Mr Pavlov had said that he knew of plans to flood the country with billions of
        76 words
    • Article
      Lock icon ANC, Pretoria settle armed struggle issue
      194 7 Reuter AFRICAN National Congress leader Nelson Mandela and South African President FW de Klerk say they have resolved differences threatening an agreement on the suspension of the ANC's armed struggle against apartheid. They said in a statement in Cape Town on Tuesday that their
      Reuter  -  194 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      385 7 f NOTICE NOTICE IS HEREBY GIVEN that. I, NG CHU j KIM of Blk 426 Jurong West Ave 1 #16-330 Sin- J gepore 2264 have applied for a First Class Beer I House Licence in respect of premises at M/s HOCK I j CHOON GARDEN EATING HOUSE at Blk 498
      385 words
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      Page 7 Advertisements Column 2
      382 7 f NOTICE NOTICE IS HEREBY GIVEN that, I. CHNG I GEK SONG of Blk 2, Lor Lew Lian #01-38 Sin- gapore 1953 have applied for a Retail Liquor Shop I licence in respect of premises at M/s MOVON SUPERMARKET at Blk 327 Hougang Ave 5, #01 170 Singapore 1953 and
      382 words
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  • Article
    Cable TV a better bet
    476 8 EDITORIAL CABLE NEWS Network's Bernard Shaw came into our living rooms live from Atlanta for the first time with the latest Gulf developments yesterday. The news now comes for a month at least as it spills off the airwaves, first-hand and in real time. Timely
    476 words
  • WHAT THE OTHERS SAY
    • Article
      Not a good idea
      221 8 IN PROPOSING that citizens pay a lower tax rate than non-citizens, the committee set up to look into ways of giving recognition to reservists was evidently trying to be responsive to reservist complaints, while being at the same time responsible. To be fair, the committee's task
      221 words
    • Article
      Debating parochial issues
      146 8 SHOULD parliamentary debates be confined only to national issues? For Mr S Chandra Das at least, that should be the case. In an interview published in the latest issue of Petir, Mr Das calls on his fellow MPs to avoid topics with only parochial concerns that is,
      146 words
    • Article
      Time to make peace
      158 8 AT THIS stage of the Gulf War, it is time for a military re-evaluation and for countries to renew diplomatic efforts to prevent the war from escalating. Iran and some Muslim countries in northern Africa are working towards this. So too is the current chairman of
      158 words
  • REGIONAL VIEWPOINTS
    • Article
      Careful planning needed
      160 8 ALTHOUGH it might have been proposed in good faith, the apparent enthusiasm by the government leadership to push ahead with the massive reforestation programme through private investment requires thorough consideration before implementation. Unless an effective system through careful planning is adopted, the programme could easily be abused
      160 words
    • Article
      Who pulls the strings?
      143 8 LITHUANIANS have demonstrated unequivocally their commitment to independence by voting by a margin of more than nine to one for secession from the Soviet Union in a referendum that Mr Mikhail Gorbachev has vowed not to recognise. The outcome was a foregone conclusion. Despite its brave
      143 words
    • Article
      Why there is bitterness
      209 8 IT HAS become clear that the US has carried the war far beyond the spirit and intent of the Security Council resolution. Washington is acting as if it is America's war. It is exactly this that is provoking increasing bitterness among Muslims against the US. The
      209 words
  • Article, Illustration
    Tokyo fears for bilateral relations
    796 8 The Gulf War has revived the spectre of US protectionism A number of recent events have combined to once again fuel fears among the Japanese of US protectionism, long a major issue in bilateral ties. These are: criticism of Tokyo's perceived lukewarm commitment to the
    796 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      139 8 ■> Companies make news because they make KB If profits or losses for you. PUP The Business Times'COMPANIES NEWS Tmm E wM EUK pages arc very widely read. p Wc reveal the latest deals in Singapore and the region, profile the movers and shakers behind them and summarise corporate events
      139 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      49 8 DOONESBURY BY GARRY TRUDEAU mi.irsm- b.vs in the )ZAh,my(xdcou£€£ hi.hoithatshoulp 1 SONALFOP 6ULF?MAN, IT qq ROOMMATE H5 TOOK KBZP WU OFF THZ 'y™'™ HM.nesf&t- se&foUKt&e- wore, ANPNOHJHZS courts A MILS, mscaztsMG W'C/HP i LylWßas p mson kncus OV&ONANAVY IMUST DOUN&Mfr&S. ABOUT BP VMOHB Theft > HOSPITAL SHIP-. 1 STILL HAV&
      49 words
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  • ANALYSIS
    • Article
      Lock icon Offshore programme trying to get off the ground
      787 9 A plan to open up substantial portions of the US's outer continental shelf to oil exploration may meet with strong opposition NYT THE US Department of the Interior is proposing to open thousands of miles of the outer continental shelf to offshore
      NYT  -  787 words
    • Article, Illustration
      Which bloc for Australia?
      1375 9  -  With the breakdown of the Gatt talks, the threat of trade wars has become very real. Florence Chong, BT's Sydney Correspondent, reports on the options available to Australia if major trading blocs were to emerge Florence Chong, AS the General Agreement on Tariffs and Trade (Gatt)
      1,375 words
    • Article, Illustration
      Lock icon The ANC leader who is nobody's puppet
      469 9 Nelson Mandela has enjoyed a year of freedom. What sort of year has it been? Reuter NELSON Mandela went to jail 28 years ago after failing to persuade South Africa's white leaders to sit down with representatives of the black majority to forge
      Reuter  -  469 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1359 10 1 uuucßE TO lMlllg. DIME AMP ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE mn X J Yu Sheng 10th February 28th February, 1991 Yu Sheng, a must for all businessmen, the symbol for prosperity. A crisp and A spicy raw fish salad that Is traditionally eaten
      1,359 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      589 10 TELEVISION AND RADIO All 9k A SBCI2 7.55 MulciT'Tnterlude Excerpt I SJKR&. I BUSINESS ON RAD" A an s adventure is aUYUUm 88E*****E1E388 1 10 thC 9 45 ISJSSnSf Mm 6.S !Esl* MWO 5,92.4 mta in VHF Band H Tank, 3.05pm, SBC 5 Chm^e°oiSf^-Guangdong 11.35 NigM Movie II 735 Enigma
      589 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Wanna be my little 'lip sushi' tonight?
      595 11  -  Love is in the air it's Valentine's Day. Ingrid Becker talks about 'spit sampling', while Courtney Hunter and Jude Webber look at the day's practices in Victorian and present-day England Ingrid Becker Courtney Hunter,Jude Webber UPI IT WAS Jonathan Swift who once asked:
      UPI  -  595 words
    • Article, Illustration
      Lock icon Darling, you look like a hog
      480 11 UPI THE VICTORIANS are known for popularising the practice of sending valentines, but not all of the messages were elegant or well-intentioned. Other valentines, "tough and rough and indeed offensive," also were sent in honour of St Valentine's Day, Feb 14, said Maurice Rickards,
      UPI  -  480 words
    • Article, Illustration
      Cher gets permission for fortress-like home
      512 11 CHATTERBOX CHER apparently will get her mansion and bulky security walls built in the seaside enclave of Malibu after all. The California Coastal Commission approved plans for the actress-singer's future Mediterranean-style home and three-metre security wall by an 11-1 vote. The panel reserved the
      512 words
    • Article
      Lock icon In love, nothing's too far-fetched
      283 11 Reuter AT LEAST three unsuspecting people will be sitting at their office desks in London today when a traditional English butler will walk in with a bottle of champagne. As if that were not surprise enough, their loved one will then step out of a
      Reuter  -  283 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      303 11 AND ENTERTAIN Happiest Hours In Town. I•. k i*- mr~ I -J -1L DAIII OPININt. I•* jC U. hoiks I J rn lIAM TO lAM Happy Hours at The Fountain Lounge L* means enjoying a complimentary drink with I* every one you order. Plus, 25% oft bottle I purchases. There's
      303 words
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      Page 11 Advertisements Column 2
      89 11 Your heart's vw in the right place ly Show your valentine an extraordinary evening. 1 Savour romantic creations in our 4-course I San Valentino Dinner. The Starting Point of smoked salmon salad Tasty Hearty Soap Exquisite Love Me •firyj Tender veal or Hooked By You garoupa fillet Jmy Special Sealed
      89 words
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  • SPORTS
    • SIDE LINES
      • Article
        Capelle makes a dream start to his pro career
        107 12 CHRISTOPHE Capelle of France, who recently turned professional, got his new career off to the perfect start when he won the first stage of the Mediterranean Tour in Beziers, France, on Tuesday. Capelle held off the challenge of fellowFrenchman Laurent Jalabert
        107 words
      • Article
        Suns shine for Phoenix
        70 12 THE Phoenix Suns ended the Los Angeles Lakers' 16-game winning streak on Tuesday, beating them 99-95 as Kevin Johnson scored 10 of his 35 points in the final 8:13 and Tom Chambers hit a decisive hook shot with 28 seconds left. Jeff Hornacek added 23 points
        70 words
      • Article
        Aouita ordered to rest
        103 12 LAID low by a heavy cold, Morocco's multiple world record holding runner Said Aouita has been ordered to sit out the rest of the indoor season. Aouita was forced to break off training in Mexico last week to visit a specialist in Belgium who told him
        103 words
      • Article
        Frazier outlasts opponent
        84 12 AMY Frazier outlasted Leila Meskhi of the Soviet Union in a battle of baseliners for a 6-2, 6-7 (5-7), 6-4 first-round victory on Tuesday in the Virginia Slims tennis tournament of Chicago. Rated No. 15 in the world, the 18-year-old Frazier won the first set easily, but
        84 words
      • Article
        'Razor' ready to cut Tyson down
        74 12 DONOVAN "Razor" Ruddock said on Tuesday that his forthcoming fight in Las Vegas with Mike Tyson is turning personal and he will knock out the former heavyweight champion in five rounds. "He's been knocked out before by less experienced opponents and he's going to
        74 words
      • Article
        Support for ban on S Africa
        67 12 SPORTS ties with South Africa should resume only when there is proof that it has fully integrated athletics, two of the country's black sporting officials said in Sydney, Australia, on Tuesday. "Sporting sanctions cannot be eased until all political prejudices in South Africa are
        67 words
    • Article
      Lock icon NZ cricketers snatch one-day victory over England
      390 12 AFP A PAINFULLY familiar English batting collapse handed New Zealand a dramatic nine-run win in Wellington yesterday in the second of a three-match one-day cricket series. The series is now tied 1-1 with the last match to be played on Saturday in Auckland.
      AFP  -  390 words
    • Article, Illustration
      Lock icon Defending champion Sampras defeats Srejber in US Pro
      494 12 AP PETE SAMPRAS began his defence of his title on Tuesday night with a 6-2, 7-5 victory over Czechoslovakia's Milan Srejber in the second round of the US Pro Indoor tournament. Sampras dominated the first set, winning it from 4-2 on the
      AP  -  494 words
    • Article
      Lock icon Edberg beats fellow-Swede Gustafsson
      383 12 AP STEFAN EDBERG, seeking to close the gap with topseeded Boris Becker in the world standings, swept past fellow-Swede Magnus Gustafsson 6-0, 6-4 on Tuesday to reach the second round of the Donnay Indoor Championship. Yugoslav Goran Prpic came from behind to beat France's Henri Leconte
      AP  -  383 words
    • Article
      Lock icon First all-German athletic meet to be held
      238 12 UPI THE first-ever all-German indoor track and field championships takes place this weekend in Dortmund, with berths in the national team for the upcoming world indoor competition in Seville, Spain, up for grabs. The team for Seville will be announced on Sunday immediately
      UPI  -  238 words
    • Article
      Lock icon Black and white yachts battle in BOC race
      328 12 AFP A BATTLE of black and white is going on for fourth place in the BOC round-the-world solo race, Australian yachtsman David Adams said on yesterday. Adams's yacht Innkeeper was half a nautical mile ahead of the sloop Duracell, skippered by Mike
      AFP  -  328 words
    • Article
      Lock icon Martin's ready to win at Daytona
      611 12 AP IF ITS TRUE that you have to lose a championship before you can win one, Mark Martin is primed and ready, and winning the seasonopening Daytona 500 would send that signal to everyone. "There's no guarantees in this business," Martin said at Daytona
      AP  -  611 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      94 12 To find out just how little space our Minol it. our KP>i(X) copier is just 690 mm i I more space, this compact copier has 3 I hi i i i i x 6Ktaim. Hoth dimensions are as vou i- —I huilt-in drawers that hold a generous i ii can
      94 words
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  • ADVERTISING & MARKETING
    • Article
      Succeeding in the face of dark adversity
      341 13  -  They were close to being jobless just last year. Today, they run a promising PR venture. Scnutz Lee finds out more Schutz Lee The founders of new public relations network PR Partnership have shown that sad stories can nevertheless be turned into happy
      341 words
    • Article
      DDK, Pounds & Shanks make their mark
      361 13  - DDK, Pounds Shanks make their mark What they lack in mileage, they make up in billings, writes Genevieve Cua of two newcomers Genevieve Cua IN SPITE OF the Gulf War, two new advertising agencies which started life in the middle of last year are quickly coming into their own by
      361 words
    • Article, Illustration
      NZ meat board spending $500,000 to promote beef
      320 13 SPURRED BY the rising affluence in Singapore, the New Zealand Meat Producers' Board has launched a $500,000 marketing campaign to boost export of beef to the Republic. Through the two-year-long campaign, which will include awards and advertising for well-prepared New Zealand beef
      320 words
    • Article, Illustration
      O & M appoints two creative heads
      240 13 O M appoints two creative heads OGILVY MATHLR Advertising has taken a step in which it claims to be a first in Singapore: it has appointed not one but two creative directors. O M said the appointment of lan Thomson and Tore Claesson, on Jan 1, was the result of
      240 words
    • Article
      DMB & B boosting presence in Asia
      315 13  - DMB B boosting presence in Asia By Sangeeta Mulchand D'ARCY Masius Benton Bowles (DMB B) is adding six Asian offices to its chain in a bid to strengthen its network in the fast-growing Asia-Pacific region. The New York-based advertising firm has acquired major equities in advertising agencies in Malaysia, Thailand
      315 words
    • Article, Illustration
      Lock icon A recession's blooming business
      479 13  -  Lawrence Malkin finds out how well a fresh idea can pay Lawrence Malkin NYT Recession may be deepening and war fears rising, but the animal spirits in some American business show no signs of wilting yet. Think flowers, think phone, or fax to order them, picked
      NYT  -  479 words
    • Article
      COPY LINES
      500 13 SAN FRANCISCO-based Addison has appointed Stuart Luxon, formerly of Landor Associate, as chief executive of its business in the US. The appointment was part of the design consultancy's plans for expansion in the Pacific Rim, disclosed Jonathan Bonsey, managing director of Addison Singapore. "Strengthening our international position, particularly
      500 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      74 13 taJEP^^ Its speed is also hard to heat *0 —Minolta HPS *(X) is sucluitou^hactu>a>py. copies a minute. While Simul-Color II (.all SS33 to tind out more. lets vou copv in black or colour or Minolta Singapore (l*te) Ltd. 10. lehan erase, in 3 sections, with just one scan. Gardens (.rescent.
      74 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market recovers from morning profit-taking
      4226 14  -  By S N Vasuki THE Singapore stock market took a small roller-coaster ride yesterday as moderate losses in the morning were overshadowed by active buying in the afternoon. Dealers said that while in the morning the market reacted to Tuesday's decline in the New York
      4,226 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3474 15 Main Board SIA Foreign 1420 30 2.2% OUE 630 30 5 0% FELS 50* 610 20 3 4% FELSWt 235 +17 +7 8% Kangs 207 4-16 +8.4% SPH 800 +15 +1.9% Semb Shipyard 630 +15 2.4% Roth Inds 50* 520 +15 +3.0% Cerebos 25* 274
    3,474 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      258 16 Company Date Year Group Not Not earnings Cross ann to prom/loss (L) por share dividend (000) (cents) C4C Ian 14 Sep 90 553.947($34,649 30 8(23 5a) 15(8 5a) F&N Jan 14 Sep 90 $53,080(562.868 30 1(36 5) 179(179) H Mva Jan 14 Sep 90 $1.886($402) 11 4(2 4)
      258 words
    • Article
      PRELIMINARY RESULTS
      215 16 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) UWW Feb 8 Oec 90 M$198,464($100,841) 52 3(34 6) 15<—) G Secwit.es Feb 6 Dec 90 I3.029($2.130) 3.1(2.0) 10(7 5) M Caaent Jan 17 Nov 90 M$61,313($39,640) 18 5(11 5) 68
      215 words
    • Article
      INTERIM RESULTS
      361 16 Company Date Half-year Group pre-tax Interim ann to profit/lots (L) dividend ('000) MSB Feb 11 Dec 90 M510,256(54.005) M Banking Feb 11 Dec 90 M5181,960(5155.358) 5(56a) 8MT Feb 8 Dec 90 5600(5457) 50<-) Khong Guan Jan 31 Oct 90 $139(5451) inter Pacific Jan 26 Oct 90 M563.497(155.405) 4(5)
      361 words
    • Article
      CORPORATE DEVELOPMENTS
      1008 16 Feb 12 Metroplei has awarded a Msl69m (SJIO6 4m) contract for the second phase of the construction of The Mall shopping complex to Metrobilt Construction Sdn Bhd Asia Pacific Breweries (APB) is taking a half share in a NZssoom (SJ5l5m) venture with New Zealand conglomerate Bnerley Investments Ltd.
      1,008 words
    • Article
      DIVIDENDS ANNOUNCED
      248 16 Current Ex Books Date Total lor Total for payment date dosa payable the year last yoar AMFPT 3C(e) Dec 14 tan 3 Feb 18 3C 28C A scan Find US$010(b) Mar 18 Mar 28 Apr 8 USJO10 tiro 5%TE Feb 25 Mar May 15 12 5%TE 25%TE BMT
      248 words
    • Article
      RESULTS DUE
      551 16 Singapore Stocks La* FuM Ye Company Period Date tea Net EPS Gross Ilet aonrctd endhf (c«b) d* pre* last ye* (J000) CMB PackjHw interim Nov 13 Dec 90 29 7 13.2 11.616(e) BMT Interim lan 10 Jun 91 254 2 1500 773 toolo Final Feb 16 Dec 90
      551 words
    • Article
      APPROVED ISSUES
      145 16 Company Rights Issue H Lecng Cmft Two-tor-five M$2 80 per share Ej-date Feb 21 Books dose Mar 7 Acceptance i Payment NYA Company Bonus Issue H leang Credt Three-tor five Ex-date Feb 21 Boots dose Mar 7 Oriental Htdp One-tor five Ei-date Feb 8 Books dose Feb 25
      145 words
    • Article
      PROPOSED ISSUES
      261 16 Company Rights Issue Mean One-fot two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MSO 10 each at Mil pet share with 10m detachable TSR Bon vi One-fot four fa, MS2 00 pet share f*C8 Capital Reduction Scheme to reduce par value of shares
      261 words
    • Article
      BONDS, LOANS & WARRANTS
      716 16 BONDS, LOANS WARRANTS Cwwpany Coovrwon parted Cowwrtioii tarm lor ow ordiMry tktn CM Wt Before 26/4/93 1 warrant plus $309 cash Casaway Loan Caseway Wt 2/10/89 to 20/10/94 1 warrant plus 10.77 cash or 1 warrant phB JO 77 nominal amount of loan stock. Chuw ft» Notts Chan wt March
      716 words
    • Article
      RECORD HIGHS & LOWS
      187 16 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* 1138 63 (13/2/91) Jf !£/5/2!! 1991 tow: *****2 (16/1/91) «1 tar 149.08 16/1/91 1990 hfh: *****3 (16/7/90) »J J* J0J.J2 <J7/3/90 1990 to* 981.07 09/11/90) 990 tow: 079 50 11/ 0/90 1989 h«h: *****0 28/12/89) }*9 Jf «7.76 <»/"/»
      187 words
    • Article
      COMPANY MEETINGS
      23 16 Weame Brothers Ltd: 76th AGM at 65 Chulia Street #33-00, OCBC Centre, Singapore 0104 on Wednesday, Feb 27, at 10.30 am.
      23 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      158 16 THE GROWTH TRIANGLE A Special Business Times Survey February 36,1991 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 growth.
      158 words
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      Page 16 Advertisements Column 2
      78 16 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      78 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices rise ahead of long holiday break
      4024 17 Bernama SHARE PRICES on the Kuala Lumpur stock market moved erratically to finish slightly higher yesterday as buying offset bouts of profittaking ahead of the Lunar New Year holidays. The KLSE Composite Index ended 1.59 points higher at 527.60 but off the day's
      Bernama  -  4,024 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      131 17 NEWS FLASH *rT- v r ~r **iS-Lc l tI ,r Jjj [WJnBif» 1 v> I ifYIPS A 1 innrir r ;Ik,^ IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports. Shipping Agents List. Freight Rates
      131 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei passes 25,000-mark despite profit-taking
      2222 18 Reuter THE TOKYO stock market's Nikkei Index yesterday closed above 25,000 tor the first time since Oct 31 last year after stocks absorbed bouts of profit-taking. Traders said fear of losing out on the now seven-day old rally kept buying pressure up. Volume was heavy.
      Reuter  -  2,222 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish firmer in robust pre-holiday trade
      2094 18 Reuter HONGKONG stocks ended firmer yesterday as light but persistent bargain-hunting offset early profit-taking and as trade turned more robust than expected ahead of the Lunar New Year holidays, brokers said. The blue-chip Hang Seng Index rose 17.66 points to 3,412.66, well above
      Reuter  -  2,094 words
  • Page 18 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks fall on inflation figures
      • Article
        AUSTRALIA
        912 19 THE RELEASE of higher-than-expected inflation figures wiped out a tentative gain on the Australian share market yesterday and sent it to a weaker close. Brokers said the December quarter Consumer Price Index rise of 2.7 per cent, the largest quarterly increase in four years, dashed hopes of an early
        912 words
      • Article
        BANGKOK
        722 19 THAI stocks closed lower on late profit taking and in response to a Thai exchange decision to raise, to 60 per cent from 40, the cash margin that investors must put up for buying shares, brokers said. The SET Index closed 7.27 points lower at 753.66 on a 6.2
        722 words
      • Article
        MANILA
        544 19 PHILIPPINE shares slipped yesterday from a two-day rally due to profit-taking triggered by an oil drilling report from an exploratory well, which traders interpreted as indicating an absence of reserves, brokers said. The Manila Stock Exchange Composite Index closed at 866.01 points, down 21.40 from Tuesday. Oil issues led
        544 words
      • Article
        SEOUL
        749 19 SEOUL stocks fell in moderate trade yesterday after fluctuating in a narrow band as investors sought profits from Tuesday's sharp gains, brokers said. The Composite Stock Index closed the day at 644.91, shedding 3.2 points from the previous session. Turnover was moderate at 175.1 billion won compared with 257.4
        749 words
      • Article
        NEW ZEALAND
        196 19 LEADING New Zealand shares were easier at the close with the notable ex- ception of Fletcher Challenge, which reports its six-month result today. Analysts expect FCL's result to be only slightly down on last year's interim of NZ5344.1 million. FCL ended at NZ$3.6B. Brewer Lion Nathan fell 25
        196 words
      • Article
        JAKARTA
        658 19 JAKARTA stock prices ended mixed, with the official index edging up 0.01 points to 381.24. Brokers said trading was slow ahead of the Chinese New Year, bringing volume down to 1.85 million shares from the previous 2.39 million. Indocement and Indah Kiat were well traded on the regular market,
        658 words
      • Article
        Lock icon BOMBAY
        90 19 Reuter BOMBAY share prices slid further yesterday as nervousness over the budget, due at the end of the month, kept market players to the sidelines, brokers said. "The budget is too near to take decisions," broker Rajendra Shah said. "Everyone's a bit nervous." He said sentiment was also undermined
        Reuter  -  90 words
      • Article
        Untitled
        889 19 Clo* Previous Feb 13 SYDNEY All Ordinaries Index 1,378.2 1,385.6 -7.4 All Industrials Index 2,158.6 2,170.3 -11.7 All Resources Index 784.3 788.4 -4.1 Turnover (million) 98.64 121.61 -22.97 BANGKOK SET Index 753.66 767.30 -7.27 Turnover (million baht) 6,200 7,140 -940 JAKARTA Composite Index 381.24 381.23 +0.01 MANILA Composite Index 866.01
        889 words
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  • WORLD STOCK MARKETS
    • Profit-taking pushes Dow down by 27pts
      • Article, Illustration
        NEW YORK
        1053 20 WALL STREETs sharp advance stalled on Tuesday as investors locked in some profits from the Dow Jones Industrial Average's nearly 172-point gain of the past week. "After (Monday), which was a buying panic, there was a return to reason (on Tuesday)," said Thorn Brown, a managing director at
        1,053 words
      • Article, Illustration
        LONDON
        792 20 UK SHARE prices were slightly higher at midday yesterday, with investors disappointed that the government didn't announce a larger cut in the base lending rate. "Dealers said share prices rose in a knee-jerk reaction to the news that the government had cut the base lending rate by half a
        792 words
      • Article
        AMSTERDAM
        357 20 DUTCH shares were firmer in moderate midsession trading yesterday, resisting mild profit-taking which set in after prices had peaked on a money market rate cut in the U K, dealers said. By 1245 GMT the CBS tendency index was 0.4 points up at 83.9 after opening unchanged and rising
        357 words
      • Article
        PARIS
        325 20 FRENCH share prices firmed at midsession in thin trade yesterday, in a market chiefly supported by strong tones on other European stock exchanges and an absence of sellers, dealers said. The CAC-40 index stood 10.89 points or 0.67 per cent higher at 1,637.13 at 1149 GMT. It had opened
        325 words
      • Article
        TORONTO
        210 20 TORONTO stocks closed slightly higher in heavy trade on Tuesday after a late round of profit-taking cut gains on the Toronto Stock Exchange, dealers said. "It looks like just a pure wave of profit-taking, nothing more, nothing less," said Bruce Hartman of Midland Walwyn Capital Inc. The composite index
        210 words
      • Article
        FRANKFURT
        171 20 GERMAN shares showed steady gains in the first half hour of trade yesterday, as vague hopes for peace in the Gulf based on Iraqi leader Saddam Hussein's willingness to cooperate with a Soviet peace move helped prices to firm. Many dealers, however, greeted Saddam's offer with scepticism. The 30share
        171 words
      • Article
        MILAN
        133 20 ITALIAN share prices looked set to renew their advance with the underlying trend on the index pointing to a gain of 1.1 per cent at 1000 GMT. Although the MIB index was 0.5 per cent down after one hour of trading, brokers said the decline was made up of
        133 words
      • Article
        Lock icon ZURICH
        273 20 Reuter SWISS shares firmed slightly in moderate midsession trading as foreign buying after some early profit-taking took most stocks higher, dealers said. They added the firm bond market and Iraqi President Saddam Hussein's willingness to cooperate with a Soviet peace move had prompted the firmer trend. The All-Share SPI
        Reuter  -  273 words
      • Article
        JOHANNESBURG
        357 20 JOHANNESBURG stock market indices showed hardly any change in subdued morning trading yesterday as investors appeared to take a breather in the absence of any fresh factors, dealers said. At 10:15 the JSE All-Gold Index had gained marginally to 1029 from Tuesday's 1026 close while the industrial index was
        357 words
      • Article
        STOCKHOLM
        77 20 PRICES on the Stockholm bourse fell broadly in slack early trade in reaction to overnight declines on Wall Street due to profit-taking, dealers said. By mid-morning, the general index had slid 0.88 per cent to 957.74 in turnover of only 75 million crowns. Blue chips were 0.14 per cent
        77 words
      • Article
        Untitled
        202 20 Feb 12 Close Previous NEW YORK Dow Jones 2.874.75 2.902.23 -27 48 NYSE Financial 143.61 143.89 -0.28 S&P500 365 54 368.57 -3.04 Turnover (million) NA 265.35 LONDON Financial Times 30 1,781.1 1,793.7 -12.6 FTSE 100 2,264.5 2,279.0 -14.5 Turnover (million) 582.5 478 4+104.1 AMSTERDAM CBS Tendency Index 83.5 83.7 -0.2
        202 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Fear of further intervention lends support to US$ in European trade
      1203 21 REPORT THE US DOLLAR began higher in early European trade yesterday, underpinned by fear of further central bank intervention and pushed up by technical buying. One dealer said the dollar was heading up to test technical resistance at 1.4620
      1,203 words
    • Article
      Lock icon Japanese brokers raise profile in ECU bonds
      603 21 Reuter THE BIG FOUR Japanese securities houses have leadmanaged several large European currency unit (ECU) bond issues, and are now actively peddling those issues to domestic investors to generate further underwriting business, brokerage managers said. "This year could be the year of the
      Reuter  -  603 words
    • Article
      FINANCIAL FUTURES
      1192 21 SIMEX CUWHMH-L/W I Open High Low Sett Est Vol Op/Int Vol Mar 91 93.33 93.36 93.34 93.35 3853 ***** 2734 Jun 91 93.46 93.46 93.45 93.46 4587 ***** 4605 < Sep 91 93.35 93.35 93.33 93.34 1666 4219 307 Dec 91 93.03 93.03 93.00 93.02 1300 4456 330
      1,192 words
    • Article
      INTERBANK FOREX RATES
      390 21 Cross rates Feb 13 IJSS SS MS Dm Yen SFr AS NZS USJ 1.7120 2.6*> 10 1.4540 128.65 0.5020 1.2450 1.2771 1.6556 S$ 0.5841 1.5718 0.8493 0.7515 0.2932 0.7272 0.7460 0.%7I MS 0.3716 63.62 0.5403 ***** 0.1866 0.4627 0.4746 0.6152 Dm 0.6878 1.1774 1.8508 88.48 0.3453 0.8563
      390 words
    • Article
      MONEY MARKET
      567 21 Interbank rates Bid Offer Overnight 4 1/2 4 5/8 1-month 4 7/16 4 9/16 2-month 4 1/2 4 5/8 3-month 4 1/2 4 5/8 Overnight mode: 4-7/16 ISS Bid Offer 7 days 6 1/2 6 5/8 1 month 6 7/16 6 9/16 2 months 6 5/8 6 3/4
      567 words
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  • COMMODITIES
    • Article
      Lock icon Gold prices seen dropping farther, mines face closure
      501 22 Reuter GOLD, once a popular investment in times of crisis, could drop further in value, threatening many mines with closure, experts told a conference. Robert Weinberg of the London stockbroking firm James Capel said he estimates world gold prices will average US$3BO
      Reuter  -  501 words
    • Article
      Lock icon Iran accounts for bulk of fall in Opec's January output
      214 22 Reuter OPEC's crude oil output fell to 23.1 million barrels per day (bpd) in January from 23.86 million in December, the Middle East Economic Survey (Mees) said. "The bulk of the drop was accounted for by Iran, whose output fell
      Reuter  -  214 words
    • Article
      Weak LME fundamentals send Malaysian tin lower
      850 22 REPORTS THE price of tin on the Kuala Lumpur Tin Market fell one sen to MS 14.63 per kg following the lower trading on the London Metal Exchange overnight. Dealers said the fundamentals were weak on the LME and there was little price
      850 words
  • Article
    PRICES
    1322 22 Rubber Feb 13 MS (M to bates) Scents/kg Noon Close Int 1 RSS Prompt Int 1 RSS Mar 91 Int 1 RSS Apr Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP 143.00/144 .OON I44.7VI45.25 147.75/148.25 142.00/144 OON 137.00/139.00N 133.00/135.00N 129.00/131 OON
    1,322 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      906 22 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WAYMARINE CO (PTE) LTD (In M*mb*n Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 200 Cantonment Road #08-01 South point. Singapore 0208 on 11 February 1991. the following Resolutions were passed
      906 words
    • Advertisement
      Page 22 Advertisements Column 2
      734 22 notice of FINAL MEETING IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CIS SUPERIOR SUPPLY PTE LTD (In liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50 the Final Meeting of the Company and the creditors will
      734 words
    • Advertisement
      Page 22 Advertisements Column 3
      11 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    894 23 City night ETA Right ETD Abu Dhabi GA975 1125 GA887 1225 2 Adelaide SQ228 1900 QF888 2330 QF5 2000 2 Amsterdam SQ23 0740 KL840 2150 GA975 1125 SQ24 2300 KL839 1455 Auckland NZ25 1825 BA11 1225 SQ325 2115 NZ26 2150 Bahrain GF148 0915 2 B Sort
    894 words
  • THE TRAVEL PAGE
    • Article, Illustration
      It's carnival time again
      507 23  -  LETTER FROM RIO By Ricardo Soca A BRILLIANT display of choreography combined with tropical sensuality, the Rio carnival not only lives up to its name as the "world's largest party" but also reflects Brazil's wide range of social contrasts. Singing, dancing and spreading thousands of feathered
      507 words
    • Article
      MONEY CHANGER RATES
      146 23 As at 3pm yesterday: Ixical dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3400 1.3600 Canadian dollar 1.4700 1.4900 NZ dollar 1.0200 1.0600 Sterling pound 3.390 3.410 US dollar 1.7060 1.7200 Local dollars to 100 units of foreign currency Austrian schilling 16.50 17.50
      146 words
    • Article
      WORLD TRADE EXHIBITIONS
      95 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel /i.m/iAi inn March 3 Trade Fair for Germany Und Kongrcss Feb 13-17 International Spain Fcna Zaragoza (34)76/*****0 Blinds and Sun Wa,crFair Protection Feb 28- 14th International Milan Trade Associa/ionc 02/*****04 Feb 19-21 Air Traffic Holland Expoconsult (0707)*****5
      95 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      44 23 You've got nothing Ibulouse trying Finnair next time you go to France. With a twice-weekly service from Singapore direct to Helsinki and then to everywhere in Europe from Paris to Prague. Call ***** i i for details. We know Europe from start to Finnish.
      44 words
    • Advertisement
      Page 23 Advertisements Column 2
      88 23 KM! W i 1m Who's the man behind the W m seduction of such top HK W j actresses as Amy Yip (left), W May Lo, Carina Lau and W B Maggie Cheung He's a W picture envy, obviously. F A British boy refuses I to die when his life
      88 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      290 23 Drink (7) iBl--5 Swell until very loud (4) Hi 9 Athlctic races so trans- 3 formed, with the obstacles Lh mm U "TIM" H jhl 10 Place of rest before univer- io 1 1 Tar verge, to the very edge "~~|H 12 County no longer known! 15 J I I
      290 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      213 23 Singapore Outlook: Showers over a few areas in the late afternoon. Forecast: Maximum temperature 32.0 Assoc humidity 60% Minimum temperature... 23.2* C Assoc humidity 95% Hours of sunshine 9.65 Rainfall in mm Nil Rainfall this month 7.1 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 26/19 Cloudy
      213 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      25 23 TMvs one V wvw s*y /GEJiZ unr LftDS LET me. &er S- 1 8k I ("we.ne*T cyJe... sepvT.... V j" Tms owe V tt t
      25 words
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  • Article
    Lock icon Peace? Stop the bombing first, says Saddam
    386 24 US cool; Moscow sees response as giving "some hope' THE GULF mmm Agencies IRAQI President Saddam Hussein has expressed his willingness to cooperate with a Soviet peace initiative in the Gulf War provided the allies stopped their four-week-old blitz of Iraq. The move,
    Agencies  -  386 words
  • Article
    Lock icon Bombs destroy Iraqi air raid shelter
    151 24 Reuter US BOMBS hit a packed Baghdad air raid shelter yesterday and Iraqi officials said scores of people were killed. The officials said women and children were among the dead. Reporters in the Iraqi capital said up to 1,000 people may have been inside
    Reuter  -  151 words
  • Article, Illustration
    Lock icon Batam not a worry to Johor: chief minister
    371 24 Bernama THE JOHOR government and its subsidiaries are not involved in a joint Singaporean-Indonesian project to develop Batam, an island south of Singapore. Menteri Besar Tan Sri Haji Muhyiddin Yassin told reporters in Pulau Langkawi yesterday that Johor only agreed to the
    Bernama  -  371 words
  • Article
    Lock icon Beijing renews call for direct links and trade with Taipei
    269 24 AFP CHINA yesterday urged Taiwan to step up the pace of its opening to the mainland, emphasising the mutual benefits of direct trade. "The Taiwan authorities should change their anachronistic policy of non-official, one-way, indirect and gradual contacts," the communist
    AFP  -  269 words
  • Article, Illustration
    Misgivings over US banking reforms
    746 24  -  The Bottom Line LEONARD SILK LEONARD SILK The writer is a columnist for The New York Times, where this commentary first appeared. IN THE US, the battle has begun over the Bush administration's proposals for the most drastic overhaul of the American banking system since
    746 words
  • Article
    Record beef mountain could speed EC agricultural reforms
    422 24  -  From Christopher Powell in GENEVA HOPES that the stalled Uruguay Round of trade talks could be revived have been renewed by the publication of figures by the Genevabased General Agreement on Tariffs and Trade (Gatt) which reveal a "massive" increase in the
    422 words
  • Article
    Lock icon Plan to tighten listing rules revives Shenzhen bourse
    275 24 Reuter A PLAN to tighten listing rules and introduce central clearing has revived confidence and turnover on the troubled Shenzhen stock market, the Hongkong-based China News Service (CNS) reported yesterday. The Beijing-funded CNS disclosed that heavy speculation had battered confidence and pared
    Reuter  -  275 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      129 24 Nikon The World's Finest Photographic Systems EC plans to cut reliance on Mideast oil, Pg 7 Gulf states could spend up to USssb to clean up oil slick, Pg 7 British seafarers sought to replace Third World crews, Shipping Times Pg 18 "7:^m b m* O i 6ERRUTIIBBIITUM39 LADIES' BOUTIQUE
      129 words
    • Advertisement
      Page 24 Advertisements Column 2
      6 24 Nikon The World's Finest Photographic Systems
      6 words
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  • Shipping Times
    • Article, Illustration
      Nedlloyd upgrading two Far East services
      311 25  -  By Rahita Elias MAJOR Dutch shipping line Nedlloyd is upgrading two of its Far East services with the introduction of faster and more modern tonnage. On the Far East-East Africa service, Nedlloyd will introduce two sister ships, which are larger than the current ones.
      311 words
    • Article
      Lock icon Global Container sees demand for containers to rise by 30pc
      409 25 Bernama THE DEMAND for marine freight containers is expected to increase by about 30 per cent in the next two years. The managing director of Global Container Industries Sdn Bhd, Mr Poh Kim Seng, said that the current growth for
      Bernama  -  409 words
    • Article
      Lock icon S Korean yards will not take orders below low-cost price
      495 25 AFP A COMMITMENT that South Korean shipyards would "not take orders at be-low-cost price under any circumstances in the future" was made by the chairman of the Korean Shipbuilders Association. South Korea has long been a target, along with other
      AFP  -  495 words
    • Article
      Lock icon US firm proposes new mobile phone service in some cities
      299 25 NYT IN A MOVE that could threaten cellular telephone companies, the Federal Communications Commission may decide to grant a small radio company's request to provide a new form of mobile telephone service in six major cities, including New York. If
      NYT  -  299 words
    • Article
      Marina wants owners to class tanker fleet
      388 25  -  From Al O Labita in MANILA MANILA'S Maritime Industry Authority (Marina) now requires owners and operators of tankers to have their fleet "classed" to break the increasing intrusion into the oil transport business by foreign companies. In a recent circular, Manna says the
      388 words
    • Article
      Lock icon US transport secretary rejects BA's bid to slash fares
      238 25 AP AMERICAN Transportation Secretary Samuel K Skinner, upset over stalled talks over US landing rights in Britain, on Tuesday rejected a bid by British Airways to slash trans-Atlantic fares this summer. Mr Skinner said he also was unhappy that the British
      AP  -  238 words
    • NEWS SUMMARY
      • Article
        The future off freight futures
        57 25 WHEN the Baltic International Freight Futures Exchange was introduced to a somewhat sceptical and notably conservative shipping industry in 1985, reaction ranged from outright suspicion, through incompre- hension to considerable enthusiasm. Nevertheless, the concept of freight futures has moved on a long way in the
        57 words
      • Article
        Desperately seeking British seafarers
        38 25 FOREIGN shipowners with charters from the UK Ministry of Defence (MoD) are trying desperately to recruit British seafarers to replace Third World crews which refuse to sail into the Gulf war zone Back Page
        38 words
      • Article
        A phoney fare war after all?
        52 25 FOR MOST passengers, the trans-Atlantic airfare war that broke out this week is likely to prove a phoney war. British Airways said on Tuesday that it was receiving a good response from travellers, but travel agents said many Americans were too frightened to fly
        52 words
      • Article
        Nedlloyd selling airfreight units
        27 25 NEDLLOYD is to sell its airfreight subsidiaries, Union Air Transport (UAT) and Gerlach Air, to German trade and services company Klockner Back Page
        27 words
    • LOG BOOK
      • Article
        Kansai airport to negotiate project cost
        123 26 TWO US-Japanese construction consortia have been named as candidates to build a passenger terminal building at the new Kansai international airport under construction in Osaka Bay. The Kansai International Airport (KIAC), managers of the billion-dollar project, said none of the four construction groups which
        123 words
      • Article
        N Korea to check ship's origin
        126 26 NORTH KOREA said on Tuesday it was investigating the origin of a vessel arrested in its territorial waters a week ago. The (North) Korean Central News Agency said the boat was captured on Feb 5 after it "intruded deep into the territorial waters of
        126 words
      • Article
        Airbus may order 170 aircraft
        57 26 AIRBUS INDUSTRIE expects orders for about 170 aircraft in 1991, down sharply from the 404 orders it booked in 1990 and 421 in 1989. The consortium attributed the expected decline to the cyclical nature of aircraft orders rather than to the difficulties the Gulf War
        57 words
      • Article
        US rail unions to cool off
        78 26 US FREIGHT RAILWAYS and labour unions have agreed to avert a national railroad strike for another 60 days because of the Gulf War. The two sides have been trying to negotiate a new contract for more than two years. A legal 30-day "cooling-off' period,
        78 words
      • Article
        Continental still revamping
        48 26 CONTINENTAL Airlines Holdings chairman Hollis Harris said the airline is not likely to emerge from Chapter 11 •bankruptcy protection for at least another 12 to 18 months. Harris defended the company's plan to continue with the image overhaul despite sluggish air travel and financial woes.
        48 words
      • Article
        Boeing confirms 767s' delivery
        50 26 BOEING Co confirmed that five Boeing 767 jetliners on I order by British Airways will be delivered in 1991 as scheduled. BA's earlier statement that it plans to defer introduction of the jets into its flight operations will not 1 affect Boeing's delivery schedule, Boeing said.
        50 words
    • Article, Illustration
      Lock icon Outlining a better future for freight futures
      1018 26  -  The concept of freight futures has moved on a long way in the last three to four years. Michael Grey looks behind the scenes Michael Grey Lloyd's List WHEN the Baltic International Freight Futures Exchange was introduced to a somewhat sceptical and notably
      Lloyd's List  -  1,018 words
    • Article
      COCKETT BUNKER MARKET REPORT
      903 26 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
      903 words
    • Article
      THE SHIPPING GUIDE
      12121 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,121 words
    • Article
      SHIPPING AGENTS
      3284 39 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: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service Frata Shpg Pte Ltd (S). Alfred
      3,284 words
    • Article
      COURIER SERVICES
      257 39 Abacus Couriers Tel: 545-8011. Fa*: *****98. Air Cxpress Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak International Td 344-3377. Fax: *****50. CI aster I ink Supplies
      257 words
    • Article
      AIR FORWARDERS
      1503 39 Abex Express Freight Td: 542-7171. Fax: *****84. A chair Forwarder Td: 225-1833. Fax: *****42. Activair Siagapore Td: 542-7822. Fax: *****20. Aeroliak Freight International Td: 545-8033. Fax: *****05. Aeroapeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50.
      1,503 words
    • Article
      PORT CONDITIONS
      3363 40 ARGENTINA Stevedores began to work to rule Feb 1 however effects erratic; some ship# work reduced to about 40% normal whilst others hardly affected. Bun Aires: Port busy; most general cargo berths occupied; no undue berthing delays this week. Su Lorenzo: Four vessels in port of which 2
      3,363 words
    • Article
      AIR FREIGHT SCHEDULE
      454 40 ARRIVALS Op Flight Type ETA T From DEPARTURES Op Flight Type ETD T To TODAY KAL KE697 B747F 0220 1 SEL NCA KZ203 B747F 2005 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TODAY KAL KE697 B747F 0450 I BKK SIA SQ/ B747F 0540 2 BOM/LON BA822
      454 words
    • Article
      SHIP SALES & TANKER RATES
      533 40 SHIP SALES TANKER RATES VESSELS SOLD FOR FURTHER TRADING SOME of the sales reported below may not be final as they may be subjected to survey, inspection or other conditions before completion. Tanfcars Secondhand tonnage brokers reported the sale of six gas tankers to unnamed buyers for about U*****.5 million
      533 words
    • Article
      CRUISE & FERRY SCHEDULES
      397 40 CRUISE FERRY SCHEDULES CRUISE SHIPS Art [>rp Name of Vessel ETA KIT) Ports of Calb Port Ayt FEBRUARY 12 12 Cora Princcss 1000 1800 Sin-Jakarta Sembawang Johnson 12 12 Vigncsswara 0900 1830 Cruise-To-Nowhere Greenseas Shipping 13 14 Vigncsswara 1900 1900 Cruise-To-Nowhere Greenseas Shipping 15 15 Vigncsswara 1200 1900 Cruise-To-Nowhere Greenseas
      397 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        422 41 I Ni Bwrth IWwl Ogrtw Vets* Voy No tgfc AnM Dgartw ItoMMi Wharves La Femme 9/912 P20 1302/2359 14 02/1500 B Henanga 2/91 K32 alongsrte 1402/2300 Nha Trar* 12 2/91 P28 13.02/1900 1402/0600 Bub Utah 4 H29 alongside 14.02/0700 Panormos Vic V-l/91 P2C 13.02/1600 1702/0600 Karabeveret IE
        422 words
      • Article
        CONTAINER SCHEDULE
        1314 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booki*/Mwco Mb Sip Voy No Etb/Btr Nriod From To From u* Rose 9 15/0700 1 13/1500 13/1659 13/1900 2 13/1700 14/0659 14/0900 3 14/0700 14/1159 14/1400 Art- 23W 15/1500 1 13/1500 13/1659 13/1900 Art* i* W l3W 2 13/1700
        1,314 words
      • Article
        IN MALAYSIAN PORTS
        319 41 Port Kton< Berth at South Port on Fib 13: 1: Petro Niaga; 2: Victoria Cot); 3: ri; 4: nit; 5: nil; 6: ml; 7: Megah Brooke I; Ik ml; i.Shefl: ml. KCT: 8: ml; 9; nil; 10: Ned Delft North Port 11: ml; 12: Singapore Fontaine; 13:
        319 words
    • Article
      DAILY FREIGHTS
      1114 41 CHARTERING on the dry cargo freight market was fairly quiet on Tuesday but panamax and cape size rates continued to firm, brokers said. Details emerged that Soviet charterers had fixed the Good Leader to carry 57,000 long tons of com from the US Gulf to the Black Sea
      1,114 words
    • Article
      Lock icon British seafarers sought to replace Third World crews
      543 42 THE GULF AA/A R Lloyd's List FOREIGN shipowners with charters from the UK Ministry of Defence (MoD) are trying desperately to recruit British seafarers to replace Third World crews which refuse to sail into the Gulf war zone. David Livingstone of Glasgow-based
      Lloyd's List  -  543 words
    • Article
      Lock icon Nedlloyd to sell airfreight units to Klockner
      267 42 Lloyd's List NEDLLOYD is to sell its airfreight subsidiaries. Union Air Transport (UAT) and Gerlach Air, to German trade and services company Klockner. The move will please the Torstein Hagen-led dissident shareholder group, Marine Investments, which wishes to see Nedlloyd divest itself of
      Lloyd's List  -  267 words
    • Article, Illustration
      Lock icon Trans-Atlantic airfare war may prove to be phoney
      419 42 NYT FOR MOST passengers, the trans-Atlantic airfare war that broke out this week is likely to prove a phoney war. British Airways said on Tuesday that it was receiving a good response from travellers, but travel agents said many Americans were too
      NYT  -  419 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      224 25 SSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, STORE 2263 FAX: 861-2946 TEL: 661-5855 (5 LNES) I TI*RS ***** Commerdal Cleaning Eauipment Industrial 0] Maintenance VI Equipment Also rental 6 repajr fcr f onarten 15 to FragM Seta* 16 Cockett Report 2 Contamer Schedule 17 Corner Services
      224 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      92 26 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS I rr? i W < 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.
      92 words
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  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      994 27 JARDINE SHIPPING ACtNCIES «%■■>* 200 Cantonment Road #1? OS Soothpomt, Singapore 0208 All If W *****11 TELEX NO RS ***** terminal/cfs iei *****1s 220 bookings Tei *****34 -ra VUGGf J SAKA JARDINI SHIPPING AGENCIES SON BHD ORT KELANG TEL: *****18 TELEX NO MA***** MA***** pfNANG TEL *****4 TELEX NO MA*****
      994 words
    • Advertisement
      Page 27 Advertisements Column 2
      872 27 INDEX TOWVERTISERS Page Col Page Col T MISC 14 1-3 M'sia Shpg Corp 9 1/2 ABC Containerize 13 5 «vin^ Ur> L,ne 18 4/5 AocordGrcKip 8 1-3 #MOSK (Forest) 5 5 -api sxi Mutiara Samudra 18 1 APC Line 13 4 Myanma Five Star 9 5 Arrow L.nes 9 5
      872 words
    • Advertisement
      Page 27 Advertisements Column 3
      356 27 iVf I 1 I*l VESSEL SPORE HOOCIOAH SUEZ P SAID* TRIPOLI CASABLANC/T ALGIERS BENGHAZI ALEXANDRIA* Concord Daisen V13A26 28/2 13/3 19/3 16/3 24/3 3/3 4/4 17/4 21/4 VESSEL SPORE DJIBOUTI HODEIDAH ADEN ASSEB® P SUEZ JEDDAH* P SUDAN Concord VI3A2S 4/3 16/3 20/3 22T2 27/3 31/3 3/4 6/4 j. B/Bulfc
      356 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1247 28 Ihottkiam VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE MMS HAMBURG EXPRESS 01/516 14/2 7/3 5/3 4/3 *'3 IKiSIH HANNOVER EXPRESS 01/518 17/2 5/3 9/3 11/3 MiVBIMUMf. KOWLOON BAY 99/519 21/2 12/3 16/3 11/3 OIJURIRMMCMM THAMES 04/521 24/2 3/3 I*3 *3 TO UH/CONTINENT WILL OSAKA BAY 98/522 28/2 19/3
      1,247 words
    • Advertisement
      Page 28 Advertisements Column 2
      549 28 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOBEANA 22-2X/2 11/3 13/3 IS/3 AISO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO APIA 1 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO ISLA FLOREANA 22-28/2 1/4 3/4 6/4 7/4 8/4 Callao or Santiago via Valpa
      549 words
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      Page 28 Advertisements Column 3
      1237 28 BImiASM &XMHB 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 SUN 9049-3 15/02 02/03 03/03 04/03 09/02 10/03 11/03 12/03 1303 NORASIA PEARL 9050-3 18/02 10/03 11/03 15/03 16/03 17/03 18/03 1903 2003
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      1900 29 nipping Times, Thursday February 14 1991 festeamers Maritime Holdings Ltd! pjfcO aria straits shipping I ■k# m* I Skuapoft ta Braaal, East Malaysia, I Containers MJP I Voy No |p Wang Spore jston Hburg B hawn RMam Leb I HAMBURG EXPRESS 01/516 -D0H3502 14,02 07,03 06,03 03/03 ACCEPTS 001 I
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      1177 29 rn- n a a /PANAMA F¥i V.S.A./PANAMA I SP OAK IGI cm FM an Mf «tc NTC NO« Cln L tl OA* SP sxsns&n,mm 8? 1 js 3 3 2 BsssMr s a I ggsesm?,?.? ?a k ss f a sobta jb js s I SiNCAPORE SENATOR EE 111 23/3
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      Page 29 Advertisements Column 3
      404 29 STRAITS/ JAPAN/ STRAITS SERVICE I j SPECIALIST IN RO-RO HEAVY LIFTS I: VESSEL COSMIC CHAMPION UHC I TRADER TRADER EMAS VOY NO 15 IS 14 I Spore SLD W 23/2 I 1 P. Kelang IN PT 17/2 I Penang Yangon Mongia I Chittagong I Calcutta I Yokohama I Nagoya I
      404 words
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      715 30 mo CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI/VOY S'POrT" RDAMiAOAM H BURG BREMEN ANTWERP TRIAS UNirrflßWß 8/3 9/4 \ij* SRIWIJAYAj3IWB B/3 Ifi 7 l* ll s FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sut>f«ct to InducMwul Alto accepting cargo to CiMblinu, Port Said. Port Aloiandrta, Gonoa. THt*. ALSO ACCEPT
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      Page 30 Advertisements Column 2
      771 30 ll 6ti I I VC/ HANJIN SHIPPING I I FEEDER VSL SIN LINE HAUL LAXOAK H S pore LEH RTM ANR HAM BRV FEL HANJIN ROTTERDAM 012E 19/2 H POHANG 1071 25/3 27/3 HANJIN LEHAVRE Oil* 17/2 7/3 8/3 9/3 9/3 11/3 12/3 CHOYANG VICTORY 002E tifl N POHANC 107E
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      Page 30 Advertisements Column 3
      1258 30 PKL SGP HKC KSC KLC PUS MKT OSK NCY SBU TYO LAX CHS BAL NYC LKV ANW ROM THP HBC PSO CM PKL SC» LOADING Rt Obi 200 2S/2 2*2 W W W 10 140 210 280 2*3 7/4 M «l lIH liH V W V* I GIANT Rt 047
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      1554 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48% Wo&** R TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 MggNgjH CFS K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 H MO?/*****33 BH p D *****87, Penang (04)
      1,554 words
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      Page 31 Advertisements Column 2
      1064 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD j 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 SERVjCE)______^ J. DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VtSSCLS VOTACt [STOW [MAWtIA HKOUC VOVAGC SPOM PHLAWC H»U»C »HAVEN TILBU«T
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      512 32 I V AS AGENTS KAWASAKI SINGAPORE (PTE) LTO <CR No **********0 M) *1 I TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 1 m I I M MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD V A TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 \KI KISEN J \lSli ITD INDONESIA p
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      Page 32 Advertisements Column 2
      1186 32 I \jm* PHIU-Oni€NT LINCS PT€ LTD 108 ROBINSON ROAO #0/00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA SJfeajgr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 24 FEB MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 22
      1,186 words
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      Page 33 Advertisements Column 1
      770 33 ajSSgg KUttl PACIFIC INTERNATIONAL LINES (PTE) LTD Jf Jgg PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 BANGKOK 1 VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SEA GLOBV 9106 17/2 20/2 24/2 KOTA PANJANG 9106 16/2 20/2 INGENUITY 120N 17/2 20/2 24/2 HAI GUANG 9102
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      Page 33 Advertisements Column 2
      492 33 BEN LINE CONTAINERS LTD > 1 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQV SPORE P KLANG SHAMPTON| HAMBURG B'HAVEN ROAM LHAVRE Hamburg Express" 01/516 In Pi 7/3 5/3 4/3 VIA RO Hannover Express f 01/518 17/2
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      Page 33 Advertisements Column 3
      261 33 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gd« PAGAN VI67W 20/23 Feb PATHEIN VIO9W 17 Feb 14 1# F#b LOIKAW VI69W 23/25 Feb HPA-AN VI6OW 26/21 Feb Tffl* THE BANK UHI (A »«rvlc« of Andrew Wolr Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I
      261 words
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      Page 36 Advertisements Column 1
      799 36 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT MBC CYS FRONTIER NFIOB 15/2 11/3 11/3 10/3 14/3 LONDON SEN WFIO9 22/2 22/3 20/3 19/3 23/3 CTS GLORY WFIIO 17/2 l«/ 3 16/3 IS/3 19/3 SOHLAND WMIO7 21/2 M 3 "A THUERINCEN #*108 1/3
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      Page 36 Advertisements Column 2
      714 36 i jssbsl, CRYSTAL FREIGHT SERVICES PTE LTD TEL. *****88/*****22 OUR CONSOLIDATION HBVICES TO: EUROPE 17/02 24/02 LONDON ROTTERDAM FELIXSTOWE ANT*f«P SOUTHAMPTON HAMBURG JSuJg* FAR EAST PORT KELANG 22/02 I'o3 MANILA 16/02 23/02 PENANG 22/02 4 1/03 BUSAN 17/02 4 22/02 BANGKOK 19/02 21/02 TOKYO 21/02 4 28/02 HONG KONG 22/02
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      Page 36 Advertisements Column 3
      175 36 LOADING FOR VESSEL DIN .ALES MV.OCO M STS WT PAttM mostween JM V MSOI 1 DISCHARGING FX BRAZIL VESSEL [SPORE hag MM All *OA NGO AOt MOSTWEEN I 1W i M |7/« VtUNI 3,4 M Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med Ports. SotKt Mlmt fcmMC
      175 words
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      Page 36 Advertisements Column 4
      1132 36 r HF- Ifr I 9 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TELEX TE R L S Soship I 2, MISTRI ROAD, HMC BUILDING M r I #15-00, SINGAPORE 0207 CABLE: COSTARUNE I CR NO: **********0 M I Genera^Agente^iW>TA^^HD*f^N^^ii!'l TO EUROPE FfOH EUROPE > I HTM dkk SCP I
      1,132 words
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      Page 37 Advertisements Column 1
      849 37 i NIHON ASIA I CR **********0N 41 TEL: *****22 FAX: *****86 t Competitive Rates!! i eta < USA I Destns 18/2, 25/2 EUROPE all Ports 19/2, 26/2 BANGKOK 20/2, 23/2 HONGKONG/CHINA 22/2, 29/2 SYD, MEL, ADEL, BRIS 21/2, 28/2 FREMANTLE 16/2, 21/2 MANILA 21/2, 29/2 PKLG/PENANG 17/2, 24/2 Port Kelang
      849 words
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      Page 37 Advertisements Column 2
      302 37 If£nl RICHFIELD MARINE AGENCIES (S) PTE LTD iai TEL: *****33 (12 Llnaa) m FAX: *****15/*****03 [frlj TELEX: RS ***** RISHIP (3 Llnea) m ETHIOPIAN SHIPPING LINES K (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPORE NET SANE T 21WB 30/03 OARESSALAAM MOMBASA
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      Page 37 Advertisements Column 3
      669 37 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BNMAPORI —INDOMStA'SERVKC VSL VOY SIN JKT PAJ SIN
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      Page 37 Advertisements Column 4
      279 37 -uunjinj-inuiriinin n rr— m—ijjiAnnrwwLnjwuvri I IIICIIV Regional Container Lines I 'WtoAto all (fa valued mttmm, {ftiettek eutd tfafo families, 4, Wty fitoifieuKto Jtmwi IteM pjlpfj 111 .P.C. LINES| FULL CONTAMER COMMON FEEDER SERVICE SINGAPORE/J AKART A/SWGAPORE VSL VOY SIN JKT Tambang VII 7894 16/02 18/02 7896 23/02 25/02 7898 02/03
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      Page 37 Advertisements Column 5
      391 37 TO AUSTRALIA/NEW ZEALAND vsi sin Fran M»ib Srd Auc* MPt P. CM ALU ■RirsscL w m S? w w Iw iw iw C VCKOUK M "1/3 w i*3 23/3 21/3 11/3 < ANTWIRPIN W 17/3 27/5 V* W ID* M* Vl* TNT EXPRESS 2» SS 2/S W 12/5 17ft Wft
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      Page 38 Advertisements Column 1
      1243 38 A WAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 HBtafIkIHiPENANG TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL (089) //86/9 iZTTTTTTniP KELANG TEL (03)*****// KUCHING TEL (082) *****3' SKAN TEL (089)*****2 1 f\-/ )|j BAHHU TEL (0/) *****2 SIBU TEL (084) *****2 LABUAN TEL (08/) *****9 JAKARTA TEL (21)
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      Page 38 Advertisements Column 2
      316 38 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKHISED MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVKRCARUIL, FIJI AND TAHITI SIN N PLY AUCK LVT MULBERA 19S 1/ Feb 24 Feb Via NPL 27 Feb
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      Page 38 Advertisements Column 3
      944 38 I 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 YQT ETA IIEST VESSEL T VOT ETA lIEST > KIM SOON LI
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      435 41 TIDES AND WEATHER Towrs HOES (heSt in metres) KM *****100 0200 0300 0400 0500 0600 0700 0000 *****000 UN 1200 ***************0 1700 *****900 2000 800 2200 2300 b 71 7 3 70 16 13 11 11 1.3 1.7 23 2.8 3.0 3.0 2.7 2.1 1.5 1.0 0.7 0.5 0.5 0.7
      435 words
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      Page 42 Advertisements Column 1
      394 42 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 18/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 14/2 OUMAI/PEKAN BARU ABADI JAYA 22/2 DUMAI/PEKAN BARU KUALA SIAK V 15/2 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/OUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo
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      Page 42 Advertisements Column 2
      676 42 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG IBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI CHALLENGER 40E 14/2 21/2 11/3 14/3 17/3 16/3 HYUNOAI COMMANDER 22W 10/1 12/1 15/1 31/1 »/2 LALANDIA HE 23/2 28/2 U/3 21/3
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      Page 42 Advertisements Column 3
      580 42 CHARTPOINT Every Saturday in Business Times FMd«f from Ivoy PNCIPKI llfcrttif V«u< |Vo» Sl* LAX |OAK IMOO IOAI |CMI( |NOR MtM |«YC £2: OUR USA AKA SHU* V tun lift ALLIGATOR VICTORY V *2<S a; IDI 1M 12/3 13,1 13/3 13/3 IV3 CCRV/IPF CALLS AHA MUM V4MN 2217 ALLIGATOR HOPE
      580 words