The Business Times, 18 February 1991

Microfilm: NL17400
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday February 18 1991 75'
    10 words
  • NEWS SUMMARY
    • Article
      Half of Queensland declared flood disaster zone
      52 1 ALMOST half of Australia's second largest state of Queensland was declared a flood disaster zone yesterday. Premier Wayne Goss approved 18 more local authorities in the western and south-eastern areas of the state to be added to the existing list, taking the total
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    • Article
      Opec may hold talks with IEA on prices
      84 1 OPEC and its equivalent among oil-consuming nations, the lEA, will probably meet in two or three months to finds ways to prevent sharp oil price fluctuations like those seen during the Gulf crisis, Venezuelan President Carlos Andres Perez said in Caracas over
      84 words
    • Article
      World Bank help
      33 1 THE WORLD Bank has agreed to help Indonesia's ailing state tin mining company, PT Tambang Timah, with a feasibility study to make it more efficient, healthy and competitive Page 6
      33 words
    • Article
      Slower fall in output
      20 1 US industrial output fell much less in January than in the two months before Page 6
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    • Article
      Astounding Manila
      26 1 THE Philippine economy has proved forecasters wrong by managing to stay afloat, even though it remains at risk, particularly from declining investment Page 6
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    • Article
      Trouble brewing
      25 1 POST-WAR Kuwait could be a political Pandora's box as there are growing opposition demands for a say in managing the country Page 8
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    • Article
      Fighting poachers
      23 1 A GROUP of British employers have got together to break the vicious circle of companies poaching others' skilled workers Page 9
      23 words
    • Article
      Military museums
      34 1 MANHATTAN'S Intrepid Sea-Air-Space Museum is putting up an exhibition on the Gulf war, while in France, plans are afoot to open the first modern museum devoted to World War I Page 11
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    • Article
      Services restructured
      26 1 FOLLOWING the outbreak of hostilities in the Gulf, French carrier Compagnie Maritime d'Aflretement has restructured its service in the region. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Mixed fortunes
      28 1 AS AT Jan 2, Amanah Saham Bumiputera's investments topped M 59.15 billion, with a majority shareholding in the country's leading bank, Malayan Banking Bhd Page 2
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    • Article
      Split over dispute
      31 1 A DIRECTORS' dispute in Setron Malaysia Bhd is threatening to split the group's board with the latest attempt to oust managing director Haji Abdul Murad Ahmad Page 2
      31 words
    • Article
      Hong Leong optimistic
      30 1 HONG LEONG Credit is predicting a 33.6 per cent rise in group pre-tax profit to Ms 47 million for the year ended June 30. 1991 Page 2
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    • Article
      Alaska to drop suit
      22 1 ALASKA has agreed to a US$l.2 billion deal to drop the Exxon Valdez oil spill lawsuit Page 3
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    • Article
      Quota to be lowered
      32 1 THE BANK of Thailand is expected to further reduce the government bond holding requirement by commercial banks from the current 9.5 per cent of total deposits. Page 4
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    • Article
      Actuaries to keep tabs
      28 1 AUDITORS will be joined by actuaries to help the Hongkong government extend its fraud intelligence network to the insurance and securities sectors Page 4
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    • Article
      Staying the course
      36 1 RARE CRITICISM from top German officials may put the Bundesbank on the defensive, but economists say the comments will not lead to a change in the central bank's tough an-ti-inflationary line Page 4
      36 words
    • Article, Illustration
      STOCK INDICES
      24 1 Friday Change BT-MGA Closed Kuala Lumpur ....Closed Hongkong Closed Tokyo 25,343.74 -12.63 Sydney 1,376.6 +3.8 New York 2.934.65 +57.42 London 2,296.9 +2.5
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.7080 100 Yen SSI.3164 MS SS0.6349 Money market rates Overnight 4-1/2% -1/8 3-month 4-1/2% -3/16
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    • Article
      COMMODITIES
      7 1 London Gold AM fix USS365.50 -USS1.55
      7 words
  • Article, Illustration
    Lion Group confident of turning around Supreme
    639 1  -  Plan to turn company into group's property arm From William Chia in KUALA LUMPUR THE Lion Group of Malaysia is confident of turning around Supreme Corporation and making it the group's property arm. In an exclusive interview with BT, Lion Group director Dr
    639 words
  • Article
    Lock icon Rebuild war zone with aid money: Kaifu
    265 1 AP JAPANESE Prime Minister Toshiki Kaifu says US$9 billion in new Japanese aid for the US-led allied forces fighting Iraq could be used to help rebuild Middle East nations, including Iraq, if the Gulf War ends soon. Japan would not ask for the
    AP  -  265 words
  • Article, Illustration
    Dharmala seeks Singapore agencies for Indon business
    399 1  -  From Suzanne Soh in JAKARTA INDONESIAN conglomerate Dharmala is looking to Singapore to help spearhead its new retail operations in Indonesia. Since establishing a consumer products division last year, it has spent Sss million to set up a watch and jewellery business in
    399 words
  • Article
    Special fund to help agriculture in Thai budget
    374 1  -  From Michelle Rowe in BANGKOK THE Thai government looks set to hand down its second balanced budget in the 1992 fiscal year at an expected 418,500 million baht, or 8 per cent higher than 1991's 387,500 million baht budget. And, for the
    374 words
  • Article
    Ministry to review censorship laws soon: PM
    146 1 PRIME MINISTER Goh Chok Tong has said that Singapore's censorship laws are too rigid and out-dated and need to be reviewed. Mr Goh made these remarks in an interview with Vital Link, a magazine published by Singapore students in Britain. He said that
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      131 1 I EXECUTIVE I PLACEMENTS g *****62 Aircraft Schedule 21 Market Reviews 16 For market indices, editorial. The Arts 11 Money Changer Rates 21 advertising and circulation ex Commodities 20 Money Market 19 tensions, call Business Times Company News 2,3 Regional News 6 Information Service on Crypta Crossword 21 SES 14.15
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      Page 1 Advertisements Column 2
      159 1 The best just keep getting better... and better... j Thai banks may be allowed to cut bond holdings, Pg 4 Date set for ground war, Back Pg HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the
      159 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Malaysia passes bill on scripless trading
        79 2 THE Malaysian Parliament has passed a bill to provide for seripless trading on the Kuala Lumpur Stock Exchange (KLSE), officials said. The Securities Industries (Central Depository) Act 1991, passed late Wednesday, seeks to establish a securities depository system (CDS) to enable transactions of securities
        79 words
      • Article
        Lippo unit, Mitsubishi in tie-up
        72 2 PT TJIPARAJ Permai, a unit of Indonesia's leading business group Lippo, and Japan's Mitsubishi Electric Corp will jointly invest US$l5 million (Ss26 million) to manufacture electronic consumer products, a company official said. The two will each put in 50 per cent of the total. The
        72 words
      • Article
        Siemens bags Thai phone deal
        65 2 SIEMENS AG won a US$lOO million (S$ 170 million) contract from the state-owned Telephone Organisation of Thailand (TOT) to install seven phone exchanges in Thailand. A TOT statement said the new exchanges being set up by Siemens by end-1992 will add 110,592 phone lines urgently
        65 words
      • Article
        McIlwraith's Oakbridge stake
        101 2 McILWRAITH McEacharn Ltd said it has sold five per cent of coal miner Oakbridge Ltd and other unnamed equity investments for about A$ 18.3 million (5524.6 million). Mcllwraith said the buyer was Ban-Pu (Australia) Pty Ltd, a subsidiary of one of Thailand's largest coal miners Ban-Pu Coal
        101 words
      • Article
        HKSE chief defends veto move
        112 2 THE HONGKONG Stock Exchange chief executive, Francis Yuen has defended the rejection of the listing of a warrant issue by Hwa Kay Thai Holdings and Stelux Holdings as a prudent move to protect local investors interests, the South China Morning Post said. Mr Yuen said
        112 words
      • Article
        FAI expects underwriting loss
        110 2 FAI Insurances Ltd faces heavy insurance claims and another underwriting loss following the continuing run of natural disasters and bad weather in Australia, chief executive Rodney Adler said. Adler told Channel Nine television FAI was looking at an underwriting loss of "more than Asso million (Ss67
        110 words
    • Article
      Lock icon Amanah Saham Bumi investments top M$9.15b
      420 2 NST INVESTMENTS at Amanah Saham Bumiputera (ASB) topped M 59.15 billion (SSS.B billion) as at Jan 2, 1991, with a majority shareholding in the country's leading bank, Malayan Banking Bhd. The $9.15 billion figure compares with $3 billion at Amanah Saham Nasional (ASN), for
      NST  -  420 words
    • Article
      Lock icon Formula Electronics plans listing
      306 2 NST FORMULA Electronics Sdn Bhd, which is bidding to supply a million sets of telephones to Syarikat Telekom Malaysia, plans to go public next year. Last year the company won a tender to supply 600,000 phones. The Prai-based company, which is wholly owned by Dealer Business
      NST  -  306 words
    • Article
      Directors' squabble may split Setron board
      468 2 A DIRECTORS' dispute in Setron Malaysia Bhd, which surfaced early last December, is threatening to split the group's board with the latest attempt to oust managing director Haji Abdul Murad Ahmad, according to The Star. The board, in a meeting on Jan 16, resolved
      468 words
    • Article
      Lock icon ACIL not seeking liquidation of Bond Corp
      253 2 Reuter AUSTRALIAN Consolidated Investments Ltd (ACIL) will not seek a liquidation of Bond Corp Holdings Ltd for failing to meet Thursday's deadline for the repayment to ACIL of about A 5433 million (SssB2 million). ACIL, formerly Bell Resources Ltd, said it would retain
      Reuter  -  253 words
    • Article
      Lock icon Hong Leong Credit expects 33pc rise in group profit
      243 2 MBT HONG Leong Credit has forecast a 33.6 per cent rise in group pre-tax profit to Ms 47 million (Ss29 million) for the year ended June 30 1991, up from M 535.18 million from the previous year. The prospective gross earnings
      MBT  -  243 words
    • Article
      IGB, New World close to hotel deal
      200 2 NEW World Development and IGB Corp Bhd are close to concluding an agreement to build an estimated U*****.4 million hotel complex in Kuala Lumpur, the South China Morning Post reported. Mr Tony Tong, vice-pres-ident, Asia of Ramada International Hotels and Resorts, said the
      200 words
    • Article
      Overseas demand underpins HK stocks
      592 2  -  MARKET TALK By Duncan Mount The writer is managing director oj CEF Investment Management Ltd, Hongkong CONTINUED demand for Hongkong equities by overseas institutions has, and will, continue to underpin the market as it advances further, despite some profit-taking. The recent rallies have taken place
      592 words
    • Article
      Lock icon Alaska agrees to deal to drop Valdez oil spill lawsuit
      462 3 Reuter ALASKA and Federal government officials have agreed to seek US$l.2 billion, to be paid in instalments over a decade, in exchange for dismissing the state's lawsuit against Exxon Corp for damages from the Exxon Valdez 011 spill, Alaska Attorney
      Reuter  -  462 words
    • Article
      Lock icon More Chrysler lay-offs possible
      340 3 NYT CHRYSLER Corp has disclosed in a company newspaper that it may have to eliminate 3.000, or about 11 per cent, of its 27,000 white-collar workers. The company said last Friday that the decision to undertake the reduction would depend on "business conditions", but it was
      NYT  -  340 words
    • Article, Illustration
      Lock icon Pickens not backing down from battle with Koito
      486 3 Reuter SPOKESMEN for Texas oilman T Boone Pickens say a change in strategy docs not mean he is backing down from his long battle with corporate Japan, though opponents are starting to count him out. Mr Pickens has little to show for
      Reuter  -  486 words
    • Article
      Lock icon British Gas tariff charges expected to be finalised soon
      316 3 Reuter TALKS about British Gas pic tariff charges for domestic gas customers crucial for the outlook of the company should be completed by April, director general of the UK Office of Gas Supply (Ofgas) James McKinnon said. Analysts say that if
      Reuter  -  316 words
    • COMPANY BRIEFS
      • Article
        Bankruptcy court okays Eastern asset sales
        60 3 DEFUNCT Eastern Airlines Inc obtained bankruptcy court approval on Friday for sale of its aircraft, slots, gates and other assets, all part of the liquidation of the 65-year-old carrier. Included in the sale were five gates and 67 landing slots at Washington National Airport,
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      • Article
        Mobil unit faces pollution suit
        80 3 THE US Government is suing Windward Properties Inc, a unit of the Mobil Corp, for violations of the Clean Water Act for alleged destruction of sensitive wetlands in the Atlanta area. The Justice Department, acting on behalf of the Environmental Protection Agency, said it was
        80 words
      • Article
        Rolls-Royce to cut 300 jobs
        80 3 ROLLS-ROYCE pic said it will cut 300 jobs at its helicopter engine plant in Watford, south-east England by the end of the year. The job losses, from among the 1,500 strong workforce were blamed on worldwide cuts in defence spending and particularly substantial reductions in
        80 words
      • Article
        Ricoh sets up HK, China units
        85 3 RICOH Co Ltd said it has set up a distribution subsidiary in Hongkong and a parts unit production subsidiary in Shenzhen, China. Guastalla Trading Co Ltd in Hongkong is capitalised at HKS3.3 million and is owned 67 per cent by Ricoh and 33 per
        85 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      134 2 Art Exhibition by Mr Fu You Ye Mr Fu You Ye, a top Chinese Brush Painter of misty scenes of Hwangsan landscapes, highly commended in the "Works of Contemporary 100 Chinese Artists". His name is listed in the "Top 100 Chinese Artists". His works are also kept by the following
      134 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      28 3 It's ANA I lot el Si ngapore tor me I rom now on. A V ANA HOTEL SINGAPORE ii ii 'II:, x \\M IM |/N :S| 1.1 J
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    • Advertisement
      Page 3 Advertisements Column 2
      215 3 I. M Make time for the pleasures of life. For all your hard work, reward yourself with a lifestyle that's free and easy. One bank account fits the picture nicely. The Multi Link Account from Overseas Union Bank. Multi-services in one account. One bank statement. And the convenience you reap
      215 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Corporate assets should be monitored: BOJ
        108 4 THE level of short-term financial assets in Japan such as securities held by firms should be closely monitored as part of an effort to guard against inflation, the Bank of Japan (BOJ) said in its monthly report. Recent financial market deregulation has increased the
        108 words
      • Article
        FDIC pays US$733m legal fees
        67 4 THE US government paid US$733 million (551.25 billion) in 1990 in legal fees to law firms handling the problems of failed banks and savings and loans, the Washington Post reported. It said the Federal Deposit Insurance Corp and the Resolution Trust Corp paid $615 million
        67 words
      • Article
        M'sia tightens insurance rules
        75 4 THE Malaysian Parliament has passed amendments to the Insurance Act which empowers the government to act against insurance firms which try to hide their financial problems, officials said. Under the amendments passed last week, an insurer who is insolvent or likely to face financial woes must
        75 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 4 Dollar$ Non$en$e
        2 words
      • Article
        Complaints against HK exchange by brokers dismissed
        330 4 THE HONGKONG Securities and Futures Commission (SFC) has dismissed complaints by stockbrokers, who lost money during last year's International Tak Cheung warrant case, that the exchange failed to fulfil duties. The South China Morning Post reported that the SFC had told brokers that
        330 words
    • Article, Illustration
      Thai banks may be allowed to cut bond holdings
      534 4 THE Bank of Thailand may reduce further the government bond holding requirement by commercial banks from the current 9.5 per cent jf total deposits, according to The Nation. Deputy central bank governor Remgchai Marakanon said Vijit Supinit, the governor, has given
      534 words
    • Article
      Lock icon Bundesbank sees obstacles to European central bank
      226 4 Reuter CURRENT plans for the creation of a single European central bank contain several grey areas that may prevent it from operating effectively, Mr Wolfgang Rieke, bead of the international department of the Bundesbank said. Mr Rieke told a conference in London that
      Reuter  -  226 words
    • Article
      Actuaries to help fight fraud in HK industry
      416 4 ACTUARIES will join auditors in helping the Hongkong government extend its fraud intelligence network to the insurance and securities sectors. The South China Morning Post, in its Thursday edition, said the system, which relies on information provided by auditors, had already proved
      416 words
    • Article, Illustration
      Lock icon Senate panel divided along partisan lines on Keating case
      841 4 NYT THE US SENATE Ethics Committee has reached an informal consensus that Senator Alan Cranston's actions on behalf of a savings and loan executive, Charles H Keating Jr, merit a public rebuke by the full Senate, officials close to the committee
      NYT  -  841 words
    • Article
      Lock icon Bundesbank's anti-inflationary policy will remain on course
      549 4 Reuter RARE CRITICISM from top German officials may put Germany's central bank on the defensive, but economists say the comments will not lead to a change in the Bundesbank's tough anti-infla-tionary Sine. German Chancellor Helmut Kohl was the latest to lash out at
      Reuter  -  549 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      250 4 NOTICE NOTICE IS HEREBY GIVEN thai, I, Ai*LianHeng of Blk 112, Yidw Ring Road #02-417 Singapore 2776, have applied for a Public House first Qan (Extended) licence in respect of premises at M/s Xin Tai KTV Karaoke Lounge A Nile Club he Lid at 5 Koek Road, Cuppage PUza 182-09
      250 words
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      Page 4 Advertisements Column 2
      241 4 NOTICE NOTICE IS GIVEN that. I Lee Cheng San of 36 Jalan Limau Puna Singapore 1646 have applied for a Public House. First Class licence in respect of premises at m/s Karaoke De Fuji at Blk 201 -B Tampines St 21 #01-1077 Singapore 1852. and that this application will be
      241 words
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        US trade deficit falls to six-month low
        90 6 IHE US trade deficit fell in December to a six-month low of U556.25 billion (S$ 10.75 billion), the Commerce Department said on Friday. The improvement came entirely from a decline in imports, reflecting a weak economy in which cash-pinched businesses and consumers have
        90 words
      • Article
        Gatt talks at lower level
        51 6 STALLED talks on liberalising global commerce may resume soon, but at a relatively low level, a spokesman for the world trade body Gatt said on Friday. "We believe we can restart in all the issues in the near future," spokesman David Woods told a news
        51 words
      • Article
        Eastern bloc's integration vow
        77 6 LEADERS of Hungary, Poland and Czechoslovakia pledged to work for their countries' full integration into Western Europe at a historic summit in Hungary on Friday, but failed to set up a free-trade zone, as Hungary had wished. Marking a break with Eastern Europe's communist past, Hungarian
        77 words
      • Article
        Indon-Korea investment pact
        47 6 INDONESIA and South Korea signed an agreement on Saturday on the promotion and protection of investment, which is expected to encourage the flow of South Korean capital into Indonesia. Foreign Minister Ali Alatas and South Korea's Ambassador Jae-Choon Kim signed the agreement in Jakarta.
        47 words
      • Article
        Tourists to Indonesia down 8pc
        60 6 THE number of foreign tourists visiting Indonesia last month dropped by 8 per cent, compared with January 1990, press reports said here on Saturday. Post, Telecommunication and Tourism Minister Susilo Sudarman was quoted by newspapers as saying the number of foreign tourists in January had
        60 words
    • Article
      Lock icon Philippine economy stays afloat but remains at risk
      572 6 AFP THE Philippine economy, widely expected to take a severe buffeting in the Gulf War, has managed to stay afloat but remains at risk, particularly from declining investment. The stock market defied predictions of a downturn and rose 30 per cent above
      AFP  -  572 words
    • Article, Illustration
      Lock icon World Bank to help Indon tin mining firm
      344 6 AFP THE World Bank has agreed to help Indonesia's ailing state tin mining company, PT Tambang Timah. The bank had agreed to help with a feasibility study to make PT Timah, one of the world's largest tin miners, more efficient, healthy and
      AFP  -  344 words
    • Article
      Lock icon Opec overproduction must stop after war: Indon minister
      191 6 AFP OPEC member countries should immediately stop overproducing crudes once the Gulf war ends, says Indonesian Mines and Energy Minister Ginanjar Kartasasmita. "We (Opec) should reduce crude production from 23 million barrels per day to 21 million to 21.5 million barrels per
      AFP  -  191 words
    • Article
      Lock icon S Korean current account in deficit
      306 6 Reuter SOUTH Korea's current account in 1990 slid into deficit for the first time in five years, and is expected to record another shortfall this year. Bank of Korea officials said on Saturday. The nation's 1990 current account hit a deficit of US$2.l billion
      Reuter  -  306 words
    • Article, Illustration
      Lock icon Pumping money into alternative energy
      672 6 But best-paying ideological dividends may not be cashable any time soon IHT WAR in the Gulf has brought about unprecedented ecological catastrophe, and wild swings in share and commodity markets all because of our supposed dependence on oil. The formerly close relationship between economic growth,
      IHT  -  672 words
    • Article
      Lock icon US industrial output drops at slower pace
      547 6 NYT IN A REPORT hinting that the American economy's decline may be bottoming out, the US government says that industrial output fell much less in January than in the two months before. Output was down fourtenths of one per cent last month after
      NYT  -  547 words
    • Article
      Lock icon Polls show Major ahead in popularity
      233 6 Reuter PRIME MINISTER John Major's handling of the Gulf War kept him ahead in the opinion polls this weekend, reviving speculation about a snap British general election. Mr Major, 47, who suc- v ceeded Margaret Thatcher three months ago, need not face the electorate
      Reuter  -  233 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      131 6 r TTU i i s The answers to the two questions are as follows 1 Abdullah Borhan scored the first goal for Tiong Bahru CSC in the match against Geylang International on February 13,1991 2 Singapore Press Holdings is the company sponsoring the Tiong Bahru CSC Team There are only
      131 words
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  • THE GULF WAR
    • Article, Illustration
      Lock icon Pressures on anti-Iraq allies
      663 7  -  Baghdad's latest peace offer seems booby-trapped, reports Nathaniel Harrison. Nathaniel Harrison AFP THE US and its allies, faced with an Iraqi peace bid and international shock at the deaths of civilians in Baghdad, are now under pressures that could weaken the coalition and affect the timing
      AFP  -  663 words
    • Article
      Lock icon Arab allies omit PLO from statement on Mid-E future
      224 7 Reuter EIGHT Arab Gulf war allies, marking a possible shift in approach to the Ar-ab-Israeli conflict, last Saturday omitted any mention of the Palestine Liberation Organisation (PLO) from a statement on the future of the Middle East. For years, Arab communiques
      Reuter  -  224 words
    • Article
      Lock icon Uphill task ahead to rebuild Iraq's oil industry
      563 7 Reuter REBUILDING Iraq's damaged oil refineries could take up to three years and US$lO billion (5517.1 billion), oil industry experts say. Exactly how much damage allied bombers have inflicted on Iraqi oil fields and installations is not known, but the experts expect
      Reuter  -  563 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      187 7 There's no point in wasting your time with false modesty. Yet again we've set the standards the industry has to follow. The HP LaserJet 111 and lIID with Resolution Enhancement Technology (RET) gives you the ultimate in sharper printing. 111 1 u I L: mm I UK Simple, dots, dots
      187 words
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  • ANALYSIS
    • Article
      Scuds score direct hits on Israel's economy
      573 8  -  Sales and construction are down, and Tel Aviv is quiet by 3pm. Neal Sandler reports from Jerusalem Neal Sandler ALMOST every night, air raid sirens sound across Israel. All too often, they are followed by the flash and boom of Iraqi Scud missiles
      573 words
    • Article, Illustration
      Postwar Kuwait could be a political Pandora's box
      799 8 Growing opposition demands a say in managing the country AHMED al-Khatib, a softspoken former member of the Kuwaiti National Assembly, has a tough message for the little emirate's ruling family. "The Kuwaiti people are disgusted by the al-Sabah family and the way
      799 words
    • Article
      Woes of a PR applicant
      461 8  -  LETTERS TO THE EDITOR Mario Jose Medjeral I AM an Argentinian citizen, married to a Singapore citizen since 1980, and we have two daughters aged 7 and 9 years. I had an employment pass in Singapore from 1978 to 1980. Prior to 1978 and after
      461 words
    • Article
      $240 million for URA HQ includes the cost of land
      131 8  -  Cheok Yen Aik Head (Public Relations) Corporate Development Division Urban Redevelopment Authority PLEASE refer to the report "URA plans new $240m HQ" (BT, Jan 30). It was mentioned that $240 million was set aside for the new URA Building, and
      131 words
    • Article
      CNN sponsorship costs less
      86 8  -  Baskaran Nair Vice-President DBS Bank (for and on behalf of sponsors) PLEASE refer to your report "From today: Live CNN telecast for one month" (BT, Feb 13) on the sponsorship of the "live" CNN broadcasts. The figure of $600,000 mentioned in the report for the sponsorship
      86 words
    • Article
      Raw deal on housing loan
      246 8 I REFER to the letter by "Poor Consumer" (BT, Feb 2-3), revealing the unfavourable position of the housing loan borrower. I, too, took a loan in January 1989 but from the Chase Manhattan Bank. I was charged the interest rate of 5.5 per cent for
      246 words
  • Page 8 Advertisements
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      30 8 DOONESBURY BY GARRY TRUDEAU AND OJE'VE OOT YOU <**LL. JAKE CARS, SPORT! ~~~~7 NO, NO. I ru,see you tonight \A vo.man, youAitm R£Aw/po PURJN6 ROUNDS' L VHA\T,S AI A CWKKOJjj
      30 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Lock icon Confronting the problem head on
      1554 9  -  Paul Cheeseright explains how a group of UK employers got together to break the vicious circle of companies poaching others' skilled workers Paul Cheeseright FT THE first hope was for a quick fix: half a dozen small and medi-um-sized engineering companies come together, plan some
      FT  -  1,554 words
    • Article
      Lock icon Interactive leadership that works wonders
      627 9  -  Cindy Skrzycki reports on female bosses Cindy Skrzycki IHT WHEN it comes to managing, new research shows that women at the top have a different approach, realising that being a boss means more than just being bossy. In an article in the Harvard Business Review,
      IHT  -  627 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      390 9 MEMOPAD Seminars and courses Duration Title Venue Organiser M Feb 4 Successful POD Training POD Pte Ltd *****81 Mar 6 Selling Centre Techniques Feb 11 ISO 900 Its SISIR ITEC 7?87 Applications to exl Software Seminar Feb 18. 25 Professional Cairnhill Dynamic Life *****22 Mar 4 Salesmanship Hotel Training Programme
      390 words
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      Page 9 Advertisements Column 2
      160 9 WORKING UP A SWEAT AT FISCAL FITNESS CENTRE OR HOW EXECUTIVES KEEP FIT Plf you re a busy executive with no time for a good workout, drop c»«tr« >111 Aaarltaa fipraaa Ctrl 1 by the Fiscal Fitness Centre Fa»raar» «■< >• imi »aa'ii Our professional Fitness In- racaiva »t» ki.
      160 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1325 10 L/iaiua uiiw WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE I IM I A HEAVTH^^raAST SUMPTUOUS SICHUAN CUISINE. DELICATE YANGZHOU DIANXIN. RICH PIPING HOT STEAMBOAT. LUNCH-. 11.30 AM TO 2.30 PM DINNER; 6.30 PM TO 10.30 PM 5 A MKMBKROKCDI- MOIKI.S HOIH
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      798 10 TELEVISION AND RADIO 1 SBCI2 7.00 rf Dm Opto 5.30 m. *Md Slw. (Car- BUSINESS ON RADIO fine choice aSaa, VAAig ;jss:u JHfIR testify against the man who 8.20 Niheran Minggu Ini (Stereo, •JJ Jl 1 RADIO 5, 92.4 mHz in VHF Band !lH I [I] LH did it because
      798 words
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  • THE ARTS 1
    • Article, Illustration
      Lock icon New York museum putting Gulf War on display
      858 11  -  The staff at Manhattan's Intrepid Sea-Air-Space Museum, which has seen an increase in visitors since hostilities broke out, are racing to assemble an exhibition on the Gulf war. Glenn Collins has the details Glenn Collins NYT SINCE the hostilities in the Persian
      NYT  -  858 words
    • Article, Illustration
      Lock icon Silent battlefields of the Somme
      839 11  -  Over in France, Mary Blume reports on the Historial de la Grande Guerre at Peronne, which will open in 1992 and be the first modern museum devoted to the First World War Mary Blume IHT ALMOST every village in France has a monument to the
      IHT  -  839 words
    • Article
      A romantic serenade for Valentine's Day
      496 11  -  Andrew Lim reviews the Temasek Ensemble s concert at the Victoria Concert Hall on Tuesday Andrew Lim THE CONCERT given on Tuesday night at the Victoria Concert Hall by the Temasek Ensemble was specially designed for Valentine's Day. The title "The Temasek Ensemble goes
      496 words
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      Page 11 Advertisements Column 1
      247 11 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? He MONDAY >RIDAY -12 NOON TO 2 3CP.M $31 x+♦ I PER PERSON At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in
      247 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Sampras makes mincemeat of Big Mac
      910 12 NYT JOHN McENROE turned 32 on Saturday only to find himself experiencing the indignity of a public manhandling by a mere teenager, 19-year-old Pete Sampras, in the semi-finals of the United States Pro Indoor championships in Philadelphia. Sampras, the defending champion of the US
      NYT  -  910 words
    • Article, Illustration
      Lock icon Navratilova to meet Garrison in Slims final
      262 12 AFP TOP-SEEDED Martina Navratilova outserved Helena Sukova on Saturday and advanced to the final of the U*****,000 Chicago women's tennis tournament, where she will meet Zina Garrison for a shot at an 11th singles title. Navratilova, who has altered her serve since undergoing
      AFP  -  262 words
    • Article, Illustration
      Lock icon Johnson wins another close race
      372 13 Reuter BEN JOHNSON leaned across the finish line to register a narrow victory in the 60m event at the Canadian indoor athletics championships last Saturday. Johnson accelerated steadily down the track to clock a time of 6.65 seconds, short of the Canadian record of 6.61
      Reuter  -  372 words
    • Article
      Lock icon Pate takes lead in San Diego
      330 13 AFP STEVE PATE turned a sensational birdie-eagle start into a seven-under-par 65 and a one-shot lead last Saturday after the third round of the San Diego Open. Pate, seeking his first victory on the US PGA tour since he triumphed in San Diego in
      AFP  -  330 words
    • SIDE LINES
      • Article
        Salonen leads Swedish rally
        61 13 TIMO SALONEN of Finland led Sweden's Kenneth Eriksson by 14 seconds after Saturday's first nine stages of the Swedish World Championship Car Rally. Salonen, 39, winless in four years on the world rally circuit, finished the day by driving his Mitsubishi to victory in the last
        61 words
      • Article
        Bollegraf beats Fendick
        69 13 MANON BOLLEGRAF of the Netherlands took control early and gave up just five games in defeating American Patty Fendick on Saturday to reach the final of the Colorado Classic women's tennis tournament. The second-seeded Bollegraf broke Fendick twice in each set for a 6-2 6-3 victory that
        69 words
      • Article
        Secrets of Deng's happiness
        100 13 PLAYING pool, a happy family and sense of optimism are some of the secrets behind senior leader Deng Xiaoping's long life. "Comrade Deng Xiaoping is 86 years old but his health is extremely good. What are the secrets of his longevity?" the regional Xinjiang Daily asked
        100 words
      • Article
        Anderson takes lead
        88 13 PHIL ANDERSON of Australia took over the lead in the Mediterranean Tour cycle race when he won the 154-km sixth stage from Antibes to Mont Faron, on the outskirts of the port city of Toulon, on Saturday. Anderson was a clear winner, eight seconds ahead of second-placed
        88 words
    • Article
      Lock icon IOC hopeful about S Africa
      129 13 AFP THE International Olympic Committee has not ruled out South Africa returning to the Olympic fold by the 1992 Games in Barcelona. Senior lOC consultant Fekrou Kidane said in Johannesburg on Saturday that "there's nothing to prevent it. Everything depends on progress made in this
      AFP  -  129 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      120 12 JV J§* I i y^-\^ s m <" >° <\w x > Put round-the-world free access into your phone. Bj Now, you can hear the opportunities around the world. r CALL-FREE Ml The Call-Free Singapore facility of the International Toll-Free Service gives your international business a powerful competitive SINGAPORE edge
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      15 12 2 powerful facilities ft Toil-Free Service that advantage for intern 4 Singapore Call us. W.
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  • Page 13 Advertisements
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      14 13 om the International j orovide a competitive j ational businesses. i Telecom connect. W
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      Page 13 Advertisements Column 2
      150 13 a mm. Aov v >tN r.o v Jnuiiii^^^^H^&KSyiPnHKm J|||H|| H mill BB iiih Give round-the-world free access to your fax machine, around-the-clock. Fiy EREE Now, you can capitalise on global opportunities, 24-hours a day. ■EK 0y offering a Fax-Free Singapore number, your customers SI NGAPORE will be encouraged to give
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Confidence prevails in short trading week
      5409 14  -  By S N Vasuki LAST WEEK, the Singapore stock market closed on an unusually strong note, contradicting analysts and stockbrokers who had predicted that market sentiment during the week would be dull and bearish (the market was open only for three and a half
      5,409 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4080 15 Main Board SIA Foreign 1470 FI20 F 8.9% tHIF 655 > 60 fl0.l% Scmh Shipyard 645 F 55 9.3% SIA 1100 50 4 8% SIA 200 1100 f50 F4.8% Shangri-la 590 f 45 8.3% Ale* Hldgs 50* 255 F45 f2l.4% Kings 221 Ml F22.8% Asia
    4,080 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Have the bears taken to wearing bulls' clothings?
      777 16 FT YORK THE WEATHER and Wall Street seemed strangely similar this past week. Hot one day, cold the next. Bright blue skies, followed by dark clouds, snow, sleet and rain. Neither the city's climate nor the stock market appeared able to make
      FT  -  777 words
    • Article
      Lock icon Foreign buying pushes Nikkei above 25,000-level
      439 16 AFP SHARE PRICES continued upwards on the Tokyo Stock Exchange last week, encouraged by foreign investors' buying focussing on lagging stocks. The Nikkei Stock Average closed out the holiday-short-ened week last Friday at 25,343.74 for a substantial 1,047.66 or 4.3 per cent gain following
      AFP  -  439 words
    • Article
      Lock icon Hang Seng set to break record high
      154 16 AFP HONGKONG SHARE PRICES stood firm on the Hongkong stock market last week, with the Hang Seng Index gaining 53.57 points or 1.6 per cent to close at 3,412.66 on Wednesday ahead of the Lunar New Year break. Average daily turnover from the
      AFP  -  154 words
    • Article, Illustration
      Investors shrug off evidence of recession
      850 16  -  LONDON By Ray Heath STOCK MARKETS seem to have hearts as icy as the weather that is gripping the UK and bringing to an end more effectively than any credit squeeze the tail end of a spending boom. If you can't get to the
      850 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        105 16 RISES on offshore markets boosted the Australian stock market to a four-month high last week. The main market indicator, the All Ordinaries Index, jumped 36.2 points or 2.7 per cent to 1.376.6. On Tuesday, the market finished at 1.384.9, its highest close since Oct 3. The All Industrials Index
        105 words
      • Article
        BANGKOK
        85 16 THE Securities Exchange of Thailand index gained 46.16 points to close at 774.52 points last Friday, up by 6.3 per cent on the previous week's close at 728.36. The average daily value of shares traded last week was 5.115 billion baht (about SS34B million) up from 5.041 billion baht
        85 words
      • Article
        SEOUL
        150 16 SOUTH KOREAN share prices closed the week higher on relatively active trading last Wednesday on hopes of a swift end to the Gulf War with a ground battle launched during the four-day Lunar New Year holiday. The broad-based composite stock price index closed at 644.90 points, up 13.63 points
        150 words
      • Article
        BOMBAY
        305 16 BOMBAY share prices perked up through unofficial transactions as reports of Iraq's conditional withdrawal offer reached traders in the Indian stock market last Friday after it closed for the week on minor gains. Unofficial dealings after initial reports of the Gulf development pushed Tata Steel's share prices up by
        305 words
      • Article
        Lock icon JAKARTA
        222 16 AFP TRADING slowed last week on the Jakarta Stock Exchange (JSE) as investors opted to wait for the market to stabilise. The JSE Index at the close of the four-day week last Friday rose to 382.268 from 381.275 a week earlier while the Jardine Fleming Nusantara index went down
        AFP  -  222 words
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      152 16 BUSINESS TIMES TELEPHONE: 730-5937/5902/5942 FAX: 7)4-4982 HEAD OF RESEARCH PMR 1468 Our client is an established stockbroking firm. The Head of Research will have the responsibility of information gathering, analysis as well as financial forecasting activities. This senior appointment also reguires the candidate to manage a team of well gualified
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends lunar year on a jubilant note
      4375 17 MBT THE KUALA LUMPUR stock market rounded up the Year of the Horse on a jubilant note last Wednesday, the last day of trading before it closed for the Lunar New Year holidays. Notwithstanding the intermittent profit-taking in the holiday-shortened week, investors
      MBT  -  4,375 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      116 17 I I I NEWS TRAVELS ALL ADVERTISING MESSAGES are effective. To varying degrees. In Singapore, when you want to reach out to a select target audience in the transport industry, only one daily offers you the advantage of maximum reach at minimum costs. And that's Shipping Times. Everyday Shipping Times
      116 words
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  • WORLD STOCK MARKETS
    • Dow hits third new high for the year
      • Article, Illustration
        NEW YORK
        1270 18 CAPPING a week of heavy buying and several new highs, the New York stock market advanced sharply on Friday in the wake of Iraq's surprise offer to withdraw from Kuwait. Registering its third new high for the year in just the last five days, the Dow Jones Industrial
        1,270 words
      • Article, Illustration
        LONDON
        623 18 LONDON shares ended with small gains on Friday after an initial run-up on news of Iraq's conditional offer to withdraw from Kuwait. The news produced a trading frenzy but gains were swiftly lost when the offer proved conditional and Western governments pronounced those conditions unacceptable. The Financial Times-Stock Exchange
        623 words
      • Article
        AMSTERDAM
        295 18 AFTER a ferociously active session, spurred on then disappointed by news from Iraq, Dutch shares closed higher but well below the day's best levels on Friday, dealers said. "I didn't know such days existed anymore. I spoke to a lot of customers today who have been absent for a
        295 words
      • Article
        PARIS
        208 18 FRENCH shares ended on Friday at their highest in more than two months but below the peak they hit in hectic afternoon trading following reports that Iraq was ready to pull out of" Kuwait. The report of the Iraqi proposal initially pushed the CAC-40 Index to a high of
        208 words
      • Article
        FRANKFURT
        385 18 REPORTS that Iraq is ready to withdraw from Kuwait drove German shares sharply higher on Friday, but news that Iraq wanted to link any withdrawal to a settlement of the Palestinian question took some of the gloss of the rally. "The mood is one of optimism, but it is
        385 words
      • Article
        JOHANNESBURG
        426 18 THE Johannesburg stock market on Friday showed no major reaction to the latest batch of news from the Gulf sparked by Iraq's offer of "conditional" withdrawal from Kuwait. Dealers said gold shares lost some ground after early gains as world bullion prices eased, but the rest of the market
        426 words
      • Article
        TORONTO
        315 18 SHARP GAINS in New York triggered by expirations-related buying pushed Toronto stocks moderately higher on Friday after fluctuating through the session, dealers said. "This is really, really encouraging," said Bruce Hart man, a director with Midland Walwyn Capital Inc. The Composite Index gained 14.3 to 3,506.55, with total transactions
        315 words
      • Article
        STOCKHOLM
        96 18 PRICES on the Stockholm bourse surged on Friday after the Iranian news agency quoted Iraq's ruling revolutionary command council as saying the country is ready to implement a UN resolution calling for its withdrawal from Kuwait. The Bourse General Index firmed 1.86 per cent to 976.13 per cent while
        96 words
      • Article
        Untitled
        427 18 Feb 15 Clue PrrrioBt NEW YORK Dow Jones 2.934.65 2,877.23 +57 42 NYSE Financial 144.71 142.91 +180 SAP 500 369.06 364 22 4.84 Turnover (million) 222.37 230.8 -8.43 LONDON Financial Times 30 1,824.5 1,817.5 +7.0 FTSE 100 2,296.9 2,294.4 2.5 Turnover (million) 570.0 707.6 -137.6 AMSTERDAM CBS Tendency Index 86.8
        427 words
  • Page 18 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback closes little changed
      449 19 NEW YORK THE US DOLLAR closed little changed on Friday from its opening levels, but well above Thursday's close, as Iraq's conditional offer to pull out of Kuwait boosted the currency during European trading. "There is a growing feeling that the end of the war might
      449 words
    • Article
      Lock icon Currencies gain against US dollar
      747 19 ASIAN CURRENCIES AFP ASIAN currencies had a mixed time against the US dollar in a week in which trading was generally shortened for Chinese Lunar New Year celebrations. The Australian, New Zealand, Hongkong and Singapore currencies all gained against the US dollar, as did the
      AFP  -  747 words
    • Article
      INTERBANK FOREX RATES
      397 19 Cross rates Fcbu USS SS MS Dm Yen SFr AS NZS USS 1.7090 2.6895 1.4620 129.60 0 5040 1.2510 I 2690 1.6461 S$ 0.5851 1.5737 0.8555 0.7583 0.2949 0.7320 0 7426 0 9632 MS 0.3718 63.54 0.5436 0.4819 0.1874 0.4651 0.4718 0.6120 Dm 0.6840 1.1689 1.8396 88.65
      397 words
    • Article
      Lock icon Turnover in $/yen futures not likely to rise sharply
      413 19 Reuter DOLLAR/YEN futures trading on the Tokyo International Financial Futures Exchange (Tiffe) had its maiden run on Friday with healthy turnover, but currency dealers doubt trading will expand sharply. Dollar/yen currency futures were introduced in a bid to attract more participants
      Reuter  -  413 words
    • Article
      Lock icon Bundesbank pleased with fall in US$
      269 19 Reuter BUNDESBANK vice-presi-dent Helmut Schlesinger said he was generally satisfied with the US dollar's fall, despite the problems it caused some German exporters. Sectors whose exports were priced in dollars had problems, but, on the other hand, "The relative strength of the mark's exchange
      Reuter  -  269 words
    • Article
      Lock icon Belgium rules out franc parity change against the deutschemark
      259 19 Reuter THE Belgian franc's parity against the deutschemark will not be changed in case of a realignment of currencies in the European Monetary System because of Belgium's commitment to track the German currency closely, the Belgian National Bank said in its
      Reuter  -  259 words
    • Article
      Gold falls on market's lack of confidence
      455 19 GOLD FINANCIAL FUTURES REPORT SPOT GOLD slipped from U*****.20 to $361.25 last Tuesday in a move which not only set the week's range but also demonstrated the market's lack of confidence in the metal's ability to hold on to its gains. Analysts were
      455 words
    • Article
      PRIME LENDING RATES
      401 19 BANKS ABN Bank 8 Allied Irish Bank PLC 8 8 Axn'Dam R'terdam Bank 8 Arab Banking Corp 8V« Arab Bank PLC 7V« ANZ Banking Group 8 Ban Hin Lee Bank 7 V. Banca Commerciale 8 8 Bangkok Bank 7V« Bank Bumiputra 8 Bank Negara Indo 8 7
      401 words
    • Article
      FINANCIAL FUTURES
      269 19 COMEX 6010 FUTURES (100 oz) USS/oz Open High Low Settle Change Feb 91 364.30 365.80 364.10 364.40 T*0 Mar 365.20 365.20 365.20 364 60 -3.80 Apr 366.00 368.50 365.60 366 10 -4.10 Jun 369.50 371.50 369.00 369.20 -4 0 Aug 373.50 373.50 373.50 372.30 -4.10 Oct 376.00 377.50
      269 words
    • Article
      MONEY MARKET
      561 19 Interbank rates Feb 13 Rid Offer Overnight 4 1/2 4 5/8 1-month 4 7/16 4 9/16 2-month 4 1/2 4 5/8 1-month 4 1/2 4 5/8 Overnight mode 4-7/16 (j)j) Bid Offer 7 days 6 1/2 6 5/8 1 month 6 7/16 6 9/16 2 months 6 5/8
      561 words
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  • COMMODITY PRICES
    • Article
      Lock icon US analysts see oil prices at US$20 after Gulf War
      417 20 Reuter WHILE a worldwide glut of crude oil has prompted forecasts of a sharp selloff, some US analysts say the glut may be shortlived and see prices stabilising near US$2O (Ss34) a barrel after the Gulf War ends. They said
      Reuter  -  417 words
    • Article
      Lock icon EC subsidy cuts may boost London grain futures contract
      309 20 Reuter LONDON'S Futures and Options Exchange's (FOX) proposed new grain futures contract stands to gain if soaring costs lead Brussels to cut food stock subsidies and EC grain prices fall closer to world market levels. "We may see grain prices back
      Reuter  -  309 words
    • Article
      Lock icon Iraq's withdrawal offer sends oil, gold tumbling
      910 20 REPORT AFP THE announcement on Friday that Iraq is ready to negotiate withdrawal from Kuwait sent crude oil and gold prices tumbling in London. North Sea Brent crude fell US$2.5 a barrel to $16.50, its lowest level since mid-July, while gold prices lost
      AFP  -  910 words
  • Article
    PRICES
    1102 20 Rubber HAS (fab in bal—) S cents/kg Int I RSS Hose Feb 11 144.75 Feb 12 145.00 Feb 13 144.50 Feb 14 Closed Feb 15 Closed MRELB (fob in bales) M cents/kg Int 1 RSS Close Feb 11 228.50 Feb 12 229.00 Feb 13 229.00 Feb 14 Closed Feb
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  • Page 20 Advertisements
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    891 21 City Flight ETA Flight ETD JUMaida SQ228 1900 SQ227 2130 Aaaaaa RJ182 1400 Amstsfdm KL841 1140 KL842 2105 SQ23 1325 auf,3 flnrftfand NZ25 1655 NZ28 1815 SQ388 2030 Bandar Sari BI421 1105 SQI82 0915 Bagawa* SQ181 1410 BI422 1205 BJ429 1830 B1430 2125 Bangkok QF062 1135
    891 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Family castle hit by tourism blues
      558 21  -  LETTER FROM MANDAWA By Barbara Crossette IT COULD BE a bad year for Kesri Singh Mandawa, the 42-year-old grandson of the last Maharaja of this one-time little kingdom. Flat on his baek with a slipped disc, Mandawa spends what's left of his working day
      558 words
    • Article
      MONEY CHANGER RATES
      146 21 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3380 1.3580 Canadian dollar 1.4650 1.4950 NZ dollar 1.0260 1.0560 Sterling pound 3.3700 3.400 US dollar 1.7030 1.7180 Local dollar* to 100 units of forriga currency Austrian schilling 16.40 17.40
      146 words
    • Article
      WORLD TRADE EXHIBITIONS
      88 21 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Feb 13-17 International Spain Feria Zaragoza (34)76/*****0 March 3 Trade Fair for Germany Und Kongress Water Fair Blinds and Sun Protection Feb 19-21 Air Traffic Holland Expoconsult (0707)*****5 i 4th International Milan Trade Assoeiazione 02/*****04 Control *91
      88 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      41 21 Bud, youll be a lot wiser when you learn about Finnair's route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish.
      41 words
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      Page 21 Advertisements Column 2
      93 21 JHBI Wf K iB I^ H m J h I ki I m i§a «F 1 |Sl 1 W| Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "headhunting", you are on target with Business Times. Executive Appointment advertisements will be in
      93 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      363 21 1 On the face of it, it is the way to love 8 The tragic lover who grew a 3 9 Literary celebrity took a turn around the street for a breather (7) I j 1 I 1 I Piccadilly figure have ~~TMi Bli found to be somewhat 12 Age
      363 words
    • Miscellaneous
      Page 21 Miscellaneous Column 2
      214 21 Singapore Out km k: Showers over several areas in the late afternoon and early evening Forecast Maximum temperature 33.3 Assoc humidity 63% Minimum temperature 22.9"C Assoc humidity 97% Hours of sunshine 6.30 Rainfall in mm 10.2 Rainfall this month 22.3 Rainy days this month 6 World forecast Asia-Pacific Hi/Lo* Cond.
      214 words
    • Miscellaneous
      Page 21 Miscellaneous Column 3
      46 21 liTEI^ED\Q you SAY VOuR Z~SO RRV PO3OUT THP>T.. IT'S my \'VC G>OT Ps «IGHT CLIK<,NG i ucecr qoaut I crni K€P»U,V N/0U... ATHE Receive f? a^ s L rj fcßßi6t£ fesr gs a *sL^ CVSNIMO JUKMDCco no I»k< r I I f I x x 111
      46 words
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  • Article, Illustration
    Allies have set date for ground war, says France
    566 22 Iraq appears to soften conditions for pullout THE t GULF Mm THE United States and its allies have set a date for a ground war to drive Iraqi troops out of Kuwait and reports from the front yesterday said that, barring
    566 words
  • Article, Illustration
    Lock icon Aquino dismisses threat of communists and army rebels
    402 22 Reuter PHILIPPINE President I Corazon Aquino said yesterday that the communist insurgency is dying in the i country and right-wing rebels are a spent force with their leaders falling one by one. She said rebel soldiers squandered their last hope of popular
    Reuter  -  402 words
  • Article
    Lock icon Ailing GM sells New York building
    179 22 Reuter GENERAL MOTORS, experiencing its worst sales slump in a decade, has sold its Manhattan skyscraper to a private real estate group for a onetime gain of US$6OO million (551.03 billion). The announcement last Friday came a day after GM, the world's largest carmaker,
    Reuter  -  179 words
  • Article
    Important to observe festivals: Mr Lee
    735 22  -  By Kenneth James SENIOR MINISTER Lee Kuan Yew last night emphasised the importance of observing festivals such as the Lunar New Year as a way of maintaining core cultural values that have helped Singapore succeed. "These great rituals are important," Mr Lee told more
    735 words
  • Article
    Lock icon Change in S Africa lauded but sanctions continue
    460 22 Reuter NINE Commonwealth foreign ministers meeting in London have welcomed change in South Africa but said sanctions and pressure would have to continue. "We think sanctions have been very effective," said Canada's Joe Clark, chairman of the Commonwealth Committee of Foreign Ministers
    Reuter  -  460 words
  • Article, Illustration
    Interdependence will ensure recovery
    481 22 THE war-induced slowdown in the tourist industry shows how interdependent the world economy has become, Mr Lee Kuan Yew said yesterday. But the Senior Minister also pointed out that because of this interdependence, growth in the industry will resume "very quickly" once the war is settled.
    481 words
  • Article
    Lock icon Yeltsin accuses Gorbachev of backsliding from reforms
    458 22 Agencies RUSSIAN leader Boris Yeltsin has accused Soviet President Mikhail Gorbachev of freezing reform and moving to roll back democratic changes which he launched himself. "There is a serious problem in the fact that the country's leadership has clearly swerved to the right
    Agencies  -  458 words
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      Page 22 Advertisements Column 1
      7 22 PiageT joAium en iKM/xmh: imns im GENEVE
      7 words
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      Page 22 Advertisements Column 2
      20 22 Pressures on anti-Iraq allies, Pg 7 Arab allies omit PLO from statement on Mid-E future, Pg 7 Analysis, Pg 8
      20 words
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      Page 22 Advertisements Column 3
      117 22 PiageT JdAIIJJEK EN IKWHXIERW. IXHJISIK74 GENEVE M THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MATERIAL TRADING PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) NOTICE TO CREDITORS OF INTENTION TO DECLARE DIVIDEND Name of Company Material Trading Re Ltd (In Creditors Voluntary Winding Up) Address
      117 words
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  • Shipping Times
    • Article
      French carrier CMA restructures Gulf service
      331 23  -  THE GUM a wl: By Rahita Elias FOLLOWING the outbreak of hostilities in the Gulf, French carrier Compagnie Maritime d'Affretement, like quite a few others, has restructured its service in the area. However, the carrier and partner Polish Ocean Lines are still operating their
      331 words
    • Article
      New Lloyd's policy for professionals
      311 23 LLOYD'S broker Macey Williams has developed a policy which covers the legal expenses and loss of earnings costs associated with the UK Department of Trade and Industry (DTI) and Serious Fraud Office (SFO) investigations. The criminal legal proceedings insurance policy, which is believed to be
      311 words
    • Article, Illustration
      Lock icon Japanese, Korean yards losing out to competitors: analysts
      542 23 AFP JAPAN and South Korea, blamed by North American and European competitors for recent slumps in their shipyards, will have to give way to keener competition from other Asian yards and from European yards in the *****, analysts said last week. And
      AFP  -  542 words
    • Article
      Lock icon Peugeot has no plans yet to lay off workers
      319 23 AFP PEUGEOT has no plans at the moment to make redundancies because of the economic downturn exacerbated by the Gulf war, company chairman Jacques Calvet said in Paris on Wednesday. But speaking to the An-glo-American Press Association, he renewed his outspoken
      AFP  -  319 words
    • Article
      Lock icon Daewoo workers end their six-day strike
      231 23 AFP WORKERS at South Korea's giant Daewoo shipyard ended their six-day strike on Thursday after reaching an agreement with management, the union said. The unexpected agreement came early on Thursday following 13 hours of intensive negotiations that began with a meeting between Kim Woo-Joong.
      AFP  -  231 words
    • Article
      Lock icon Miami firm in bid to set formula for coral damage compensation
      441 23 Lloyd's List A MIAMI admiralty law firm, in what may prove a legal breakthrough, is hammering out what it claims would be the world's first legally viable formula for determining compensatory damages when ships destroy living coral reefs. The
      Lloyd's List  -  441 words
    • NEWS SUMMARY
      • Article
        A worrying Ad for London insurance
        42 23 AT FIRST glance, it is easy to wonder what relevance the somewhat esoterically-named Contracts (Law Applicable) Act could have for the London insurance market. But on closer examination, it could be of much significance Page 2
        42 words
      • Article
        Lot Airlines on brink of bankruptcy
        41 23 THE GULF war and a fleet of gas-guzzling Soviet-made planes has brought the stateowned Polish Lot Airlines to the brink of financial collapse and the company must go private, director Bronislaw Klimaszewski said Back Page
        41 words
      • Article
        Bush unveils US$105b transportation plan
        40 23 US PRESIDENT George Bush unveiled a US$lO5 billion, five-year programme on Wednesday to "prepare for the next American century" in US transportation by improving highways and mass transit systems and revamping transportation spending Back Page
        40 words
      • Article
        US rejects discount fares
        38 23 THE US Transportation Department last week rejected discount fare proposals by six US and one British airline that offered cuts of up to 50 per cent on travel to the United Kingdom Back Page
        38 words
      • Article
        BA disappointed with US decision
        30 23 A BRITISH Airways official said on Wednesday he was "extremely disappointed" with a US decision to block a 33 per cent fare cut Back Page
        30 words
    • LOG BOOK
      • Article
        Lloyd's cuts insurance rates for Mid-East areas
        137 24 THE Lloyd's of London insurance market has slashed insurance rates for marine cargo travelling to many Middle East locations, reflecting optimism that commercial shipping would not be damaged in the Gulf War. The market's War Risk Rating Committee cut the rate for cargo
        137 words
      • Article
        Alitalia seeks government help
        102 24 ALITALIA has seen its passenger traffic fall by half since the beginning of the year, and 2,500 jobs in the company are threatened. The airline has appealed to the government for help in avoiding making people redundant owing to effects of the Gulf war. But the
        102 words
      • Article
        Air Afrique reduces flights
        112 24 AIR AFRIQUE has reduced its flight schedule by 20 per cent in order to counter a reduction of traffic because of the Gulf War. He said that the reduction of traffic was estimated to have reduced sales by 1.5 billion CFA francs (5510.2 million). Air Afrique
        112 words
      • Article
        Vauxhall will not lay off staff
        62 24 VAUXHALL MOTORS, the British subsidiary of General Motors, expects the European car industry to climb out of its current slump as soon as the Gulf War is over. Unlike other carmakers, Vauxhall will not reduce production or lay off any of its 11,000 staff.
        62 words
      • Article
        Ford assembly plant on overtime
        61 24 FORD Motor of Canada Ltd said it put its St Thomas, Ontario, assembly plant on overtime to keep up with dealer orders for its new Crown Victoria and Grand Marquis mid-size cars. Ford Canada chief executive officer Ken Harrigan said the company has increased its
        61 words
      • Article
        CHEP pallet system for Italy
        67 24 TRANSPORT group Brambles Industries said it would introduce the CHEP pallet system in Italy with joint venture partner GKN pic in September. Managing director Gary Pemberton said the pallet rental system had support among Italian manufacturers and retailers. Brambles said the CHEP system was brought
        67 words
    • Article, Illustration
      Lock icon EC Contracts Act a worry for London insurance market
      1231 24  -  At first glance, it is easy to wonder what relevance the somewhat esoterically-named Contracts (Applicable Law) Act could have for the London insurance market. But on closer examination, it could be of considerable significance, reports Fiona Gibson Fiona Gibson Lloyd's List
      Lloyd's List; Source: Davies Arnold Cooper  -  1,231 words
    • Article
      COCKETT BUNKER MARKET REPORT
      898 24 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
      898 words
    • Article
      THE SHIPPING GUIDE
      11737 32 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
      11,737 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        430 39 Vtud toy Mo forth Vmrjl Dcpartire IftSMl Voy No Borth km* D«parh*« Keppd Wharves Betlu 91/1 *32 alongside 2302/0030 Lampong ***** H30 alongside 1802/1800 Urn No 8 4/91 Kll alongside 1802/0700 Vignesswara 022 (P) C10 alongside 17 02/2100 Yuheng 91/1 K31 alongside 1802/1830 Andaman Pees 02/91 (P)
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      • Article
        CONTAINER SCHEDULE
        1159 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/BaJance Rdts Sty Voy No Etb/Bfr P*iod From To From »ry Lotus 96 19/0100 1 17/1500 17/1659 17/1900 KX Lo<us 2 17/1700 18/0659 18/0900 An bvakarta ***** 20/0500 1 17/1500 17/1659 1 7/1900 An Jayakarta M/w> 2 mm 18/Q659
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      • Article
        IN MALAYSIAN PORTS
        343 39 Port Kiang Berth at South Port on Feb 14: 1: Ocean Ruby; 2: Tomoe 565; 3 Spring Star; 4: Kris Merubi; 5: ml; 6: ml; 7: ml; 7A: ml; J Shell Star Right KCT: 8: nil; 9: Bunga Peraga Bunga Dahlia; 10: St Louis, Perkasa. North Port:
        343 words
    • Article
      DAILY FREIGHTS
      1421 39 THE overall shortage of tonnage for short term voyages on Hiursday boosted rates in the dry cargo freight market, brokers said. Time-charter-ing activity featured most prominently. "The grain houses and the Soviets are in the market, people are having to ship iron ore and coal, and there are
      1,421 words
    • Article
      Lock icon Poland's Lot Airlines on the brink of financial collapse
      371 40 UPI THE GULF war and a fleet of gas-guzzling Soviet-made planes has brought the stateowned Polish Lot Airlines to the brink of financial collapse and the company must go private, director Bronislaw Klimaszewski said on Wednesday. Mr Klimaszewski, a Solidarity official
      UPI  -  371 words
    • Article
      Lock icon US rejects discount fares by seven more airlines
      504 40 UPI THE US Transportation Department last week rejected discount fare proposals by six US and one British airline that offered cuts of up to 50 per cent on travel to the United Kingdom. The move follows the DoTs rejection on Tuesday of
      UPI  -  504 words
    • Article
      Lock icon Bush unveils US$105b transportation plan
      348 40 AP US PRESIDENT George Bush unveiled a US$lO5 billion (S$ 178.5 billion), fiveyear programme on Wednesday to "prepare for the next American century" in US transportation by improving highways and mass transit systems and revamping transportation spending. The plan released by Transportation Secretary Samuel Skinner
      AP  -  348 words
    • Article
      Lock icon BA disappointed with US decision
      223 40 Reuter A BRITISH Airways official said on Wednesday he was "extremely disappointed" with a US decision to block a 33 per cent fare cut. The Transportation Department on Tuesday rejected British Airways' plan to slash round-trip fares between the United States and London by one-third
      Reuter  -  223 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      209 23 Per Permit Of 1 to 5 Items 5516.00 6 to 10 Items 5525.00 11 to 15 Items 5535.00 We submit on your behalf to appropriate carrier. For more into tel: *****06 Samat/Sharon. Orion Express Sorvkos Local Courlor Sorvkes Cocfcett Report 2 Container Schedule 17 Daily Fraghts 17 Indei to Advertisers
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      Page 24 Advertisements Column 1
      89 24 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS J2l 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
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      Page 25 Advertisements Column 1
      2250 25 of '<f JAROINE SHIPPING AGENCIES AMHIVf -DO Cantonme Road #12 (ft Smsjpuie 0208 \llVf# r lEIfX NO RS VffßTta TERMINAL Tel *****18 220 IVFAAAfIrI bookings re» *****34 258 L VQOC# J JARDINE SHIPPING AGENCIES SDN HORT KEIANG TEL *****18 MA***** MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL 34m
      2,250 words
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      Page 25 Advertisements Column 2
      1290 25 INDEX TOMWRIISERS Page Col Pajje Col I ~K I Line Fasl Pic 14 I l iner Shpg 16 3 ABC Containerline 13 5 Lizena 15 I Accord Group 8 1-3 Lloyd Brasileiro 12 3 AFS 15 1 Lloyd Tnestino 4 1/2 Ahrenkiel Liner 16 3 .Lucky Seaway 15 3 AlhatrosSea-Air
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      Page 25 Advertisements Column 3
      2410 25 pIMII NEXT SAILING TO U.S.A. LINDOE MAERSK V.9104 ETA 19/2/91 Vossel Voy EM I ETD "Pott 'Penang DESTINATIONS Singapore Keiang tK.» Mjftxioa Mar ti 9104 Feeder by okoo mrs f«rco crs .»>? n59 MRS M Tauro OAK LGB MOO M€M ATL MIA CMS BAL PML NYC MON rOR I iNDOfc
      2,410 words
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      Page 26 Advertisements Column 1
      973 26 Page! WISHES ALL OUK CLIENTS A HAPPY fc PROSPEROUS LUNAR NEW YEAR Agents s,n o apore *****56 800k, ;?.23M« 70 CFS *****48 JB (C/R Mo. **********0W) K. Lumpur *****25 P. Kelang *****18 CFS *****50 Penang *****7, *****2 TJSjraIISpoff'TRANS^AcJFI^ERVIC^' x3r WEEKLY FULL CONTAINER SERVICE TO USA SIN HKG LBH OAK SEA
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      Page 26 Advertisements Column 2
      527 26 WE WISH ALL OUR v J'zJLJ/ CUSTOMERS A HAPPY PROSPEROUS 1 LUNAR NEW YEAR Agents: SINGAPORE: *****56 I JAKDINK M'SIA BOOKINGS: *****00 TORT KELANG: 4118 JOHORE: 07 *****2 I SPORE I IKAN TALANG V.IS 23/2 POM/LAE/MADI WEW CHEFOO V.4S 5/3 POM/HON/NORO/ TAMATAI SAMOA V 25S 13/3 POM/RAB/KBE/LAE IKAN TALANG V.2S
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      Page 26 Advertisements Column 3
      1161 26 REGULAR INDEPENDENT FULL CONTAINER SERVICE. WE&T66UND 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 08/03 09/0? 10/03 11/03 12/03 13/03 NORASIA PEARL 9050 3 18/02 10/03 11/03 15/03 16/03 17/03 18/03 19/03 20/03
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      Page 27 Advertisements Column 1
      1919 27 fijsStea mere Maritime Holdings Ltd W*P&O PilW SJ RA ITS SHIPP NG j| Containers Voy No P Kianj Spore S'ton Hburg Shaven R'dam Leti KOWIOON BAY 99,519 TOl 160? 22« 21,03 1303 15/03 12(03 1»,03 ACCEPTS DOE SAILS THAMES 04,521 ******® 2MB 12 03 14/03 16/03 CARGO OSAM BAY »S2
      1,919 words
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      Page 27 Advertisements Column 2
      1513 27 PWPPPIIfVVfHI I' TO: U S A /PANAMA FM: U S A /PANAMA MEW YORA SINATO* If 107 I*2 mt" "m "m gj{ gJJ t# W UfJ AIM Rlf AN StNATOR If IOT f/3 M M 14,4 29/4 22.4 ?J 4 HAMBURG SEN WA 1® 27/1 JL n fflar.r«. o .K»
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      Page 27 Advertisements Column 3
      367 27 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION TANJUNC TRADER TRAOER EMAS VOY NO IS IS 14 Spore SLO SLD 23/2 P Kelang SLD IN PT Penjng Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Hochiminh NOTE ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN CHINESE PORTS.
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      Page 28 Advertisements Column 1
      708 28 HI CB NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIJVOY I STOKE ROAM/ADAM H BURG BREMEN ANTWERP TKtAS UNlTY,ware W 9/4 15f« J*J OJJ SRIWIJAYA/31WB lag 1/5 7/5 11/5 15/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sutofact to InducMMnL Also accepting cargo to Casablanca. Poet Said, Port Alexandria. Ganoa Trlaata
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      Page 28 Advertisements Column 2
      761 28 lift It ife HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S'pora IIEH RT* ANR HAM BRV FEL HANIIN ROTTERDAM 012E 19/2 H POHANC 107E 25/3 27/3 HANJIN CHUNGMU 077W 24 14 f 3 15v3 16/3 I6 f 3 18 3 19 3 CHOYANC VICTORY 002E 2S/2 H POHANC
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      Page 28 Advertisements Column 3
      122 28 POL (M) SDN BHD 35. lal nr.. Jalan Cungah. Port Kalang. Tot: ***** M. 3UM7O W Malayala/S pora lo E Malayan S«r»tc» Pen «l» PC S'poft KK S* Txu I Qitu Pxific Sjmudrj W«1 W/3 1 113 II 1M I*2Ll 217*1 Cheung H.nj VMI 21-»2 1-M 5-7/3 Situna Situ VMI
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      Page 28 Advertisements Column 4
      1240 28 I PKL SGP HHC KSC KLG PUS MKT OSK NCY SHU TYO LAX CHS BAI NYC LHV ANN RDM THP HBG PSO CMB PKL SCP LOADINC Rl Obi 22/2 11(1 Oil 2/2 J/2 «/3 S/3 1M 2W 30,3 31/3 10/4 U/4 12/4 IV» 23/4 3/5 7/S t GIANT RE 042
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      Page 29 Advertisements Column 1
      663 29 0 WOfc^p"! unshes o/T i/tetr Cticnts, I ißusiness Associates/ I i 1 I :B their f amities prosperous 1 Inf. MuM-Modd Focwordf SEAFREIGHT BOOKNGS: 222 0717 -r m <— i-m A ARFREtGHT BOOKNGS: 545 4255 H jPCCJIIHiI m FAX: *****73X227*68 EASTERN EUROPE mm J, (IVWOBBBBH CZECHOSLOVAKIA 17/2 N HUNGARY 17/2
      663 words
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      Page 29 Advertisements Column 2
      1086 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) 1 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUNO 1 VtSSUS VOTACt |SPQRf [MANILA "«OHC VOYAGI SPORE PKLANC HBUHI I MAVtW
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      Page 30 Advertisements Column 1
      1430 30 IQ K line KAWASAKI RISEN KAISHA. LTD. _Jj EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA f ACIfIC SOUTH-WEST —l J y t js£ L vOY HOUS LI OAK TNT FEEDER VESSEL VOY THY SCP FEiOER VESSEL VOY'INOO 'PK.PNC SCP WOT MIR VESSEL VOY LI OAK CHI NYC MANHATTAN BRIOGE
      1,430 words
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      Page 30 Advertisements Column 2
      1200 30 ram PHIU-OM€NT UN€5 PT€ LTD 108 ROBINSON ROAD #0/00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA jgr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 24 FEB MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. arrac CHARLESTON,
      1,200 words
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      Page 31 Advertisements Column 1
      1497 31 snipping times, Monday reoruary in iroi asagOff PACIFIC INTERNATIONAL LINES (PTE) LTD gl ff gg/g PIL Building, 140 Cecil Street #03-00. Singapore 0106. JAKARTA I 1 BANGKOK ZH El VOYSIN BKK SIN VESSEL VOV SIN JKT SIN 910 5 19/2 22/2 MI2 EDEN 9107 19/2 21/2 26/2 tlO7 21/2 24/2
      1,497 words
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      Page 31 Advertisements Column 2
      1078 31 r BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint m iLm Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT Vessel [voy spore pklang s hampton Hamburg bhaven rdam lhavre Kowloon Bay" 99/519 22/2 13/3 17/3 12/3 VIA RD Thames 04/521 23/2 12/3
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      Page 31 Advertisements Column 3
      335 31 3T MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI67W 20/23 Feb PATHEIN VIO9W 17 Feb W LOIKAW VIM* 23/24 Feb HPA AN VICOW 26'28 Feb ISA THI BANK UNI (A Mrvtc* of Andrew Weir Shipping) V SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY
      335 words
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      Page 34 Advertisements Column 1
      620 34 WE WISH ALL OUR VALUED CLIENTS A HAPPY LUNAR NEW YEAR WE ARE NOW SITUATEO AT OUR NEW ADDOESS 51 ANSON ROAD #13-53 ANSON CENTRE SINGAPORE 0207 TEL: *****00 FAX *****00 *****00 gfc EVERSTAR shipping co wbiib MSTM MUD «01-01 MC BUILDING S PWI 0207 Tlx2tt« FAX: 222KJ7 TEL *****0
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      Page 34 Advertisements Column 2
      1118 34 TEL: *****88/*****22 LOADING FOR OUR CONSOLIDATION SERVICES TO. fspoii |c»o dsn baihis avioto mo sn vit pagua MOSTWEN I »4 4,1 is/i ll* OPI EUROPE I OISCHARGING FM BRAZIL I vtsyL SPORE HKC MNL KEE YOK NGO AOS n TilSOi? 1/4 M UK »4 17/4 23/2 ft 2/3 LONDON ROTTERDAM
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      Page 34 Advertisements Column 3
      1145 34 feg tSlis* is a) 5? CHIM OCEAN SHIPPWG COMPANY FULL CONTAINER LINER SERVICE TFI ex te r l s S°J o ship 2. MISTRI ROAD. HMC BUILDING p AX 22(1866 #15-00. SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: COST Alt SHIPPING TO EUROPE FWOM EUROPE VESSEL VOT
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      Page 35 Advertisements Column 1
      1104 35 NIHON-ASIA m SSWuT" ,S| PTE LTO Z. FAX: *****15/*****03 CR **********0N t±) TELEX: RS ***** RISHIP (3 Lines) I TEL: *****22 FAX: *****86 \p\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Competitive Rates!! fg r p I""-"" NETSANET 21WB 30/03 DARESSALAAM MOMBASA DJIBOUTI rvp. ASSAB
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      Page 35 Advertisements Column 2
      455 35 MASKAPAI PELAYARAN WPULAU LAUT WE WISH ALL OUR CLIENTS FRIENDS AVERY HAPPY PROSPEROUS LUNAR NEW YEAR GENERAL AGENT: SINGAPORE NEPTUNE AGENCIES PTE LTD 2TOIW/2/WI2O/2/W133/2/*****/77WIW/ *****02/2/W9// AGENT: MALAYSIA NEPLINE SDN. BHD Kl/PK/PNG T®) 261 <033 (KU/*****0 IPNGI *****87 (PIC) AGENT: THAILAND BARA SHIPPING AGENCIES CO LTD Tel: *****14/*****15/*****16 naSTrieß-ire vsl voy
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      Page 35 Advertisements Column 3
      599 35 I [liCli) Regional Container Lines valued, ecutmenb, frimdt eutd tfain, a, wq 3*. »r.^fliLllyl l &V 7 IW .P.C. LINES| j FULL CONTANER COMMON FEEDER SERVICE SINGAPORE/JAKARTA/SINGAPORE VSL VOY SIN JKT Tambang VII 7896 23/0? 25/02 7898 02/03 04/03 Tambang VIII 8494 21/02 23/02 8496 28/02 02/03 8498 07/03 09/03
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      Page 36 Advertisements Column 1
      1204 36 a m MAC-NELS SINGAPORE II HUM Tti: amr TEL mimo? TEL: (04) *****6 KK TEL (088) *****0j TAWAU TEL (089) 7/86/9 KELANG TEL (03) *****7/ KUCHING TEL (082) *****31 SKAN TEL (089) *****2 IjV/V" J J BAHRU TEL (0/) *****2 SIBU TEL (084) *****2' LABUAN TEL (087) *****9 TEL (21)
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      Page 36 Advertisements Column 2
      311 36 ffrgfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI. FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL. FIJI AND TAHITI SIN N PIY AUCK IYT MUIBERA 19S II Feb 24 Feb Via NPI 27
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      Page 36 Advertisements Column 3
      1018 36 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 *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH kiiel St [eta [kit kiiei vtT eta kit KIM SOON LI 6/91E 21 FEB PENANG EQUATOR JOY
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      Page 37 Advertisements Column 1
      847 37 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCI/SOC CARGOES TO/FROM CAILAO. MATARANI. ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msia ROSEEVERETT 19/21 Feb 22/24 Feb 27/29 Feb SHAPIAEVERETT 11/13 Mar 14/16 Mar 19/21 Mar KAMALEVERETT 27/29 Mar 30/
      847 words
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      Page 37 Advertisements Column 2
      512 37 r VSL Ivor Ts PORE iMAINLINER lax KST SAV NYC HI X 2IM SINGAPOM JM 21/2 JIM PUSAN B/l M M K 1M ZiM SVONEV UK 24/2 ZIM PUSAN 25,3 It* M M Mi 4 A VESSEL 27/2 21* PUSAN 2S/J *4 M M 2IM MELBOURNE 21IE 6) 2IM CALIFORNIA
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      Page 37 Advertisements Column 3
      753 37 SING KWANG HANG IIWHHO TRANSPORTATION (PTC) LTO WEEKLY LCL/FCL SERVICE I VESS6L |S PORE [JAKARTA ISURABAYA MfcKHANIK KURAKO V 4flN 14/2 1712 IjENWEL V 164N 116/2 I <9/2 VESSEL S PORE BANGKOtT"! A VESSEL 1712 20/2 A VESSEL 24/2 27/2 I DESTINATIONS ETA SINGAPORE PORT KELANG 15 FEB MANILA 16
      753 words
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      Page 37 Advertisements Column 4
      611 37 ns" PERINTIS LINE 11 jpiß|pM||MßiißWW^MBMpy ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE TIA 147 A 21/0? 24/02 JATIDIHI 9?0 23/02 26/02 PHASE TIA 149 A 28/02 03/03 JATIDIRI 921 02/03 05/03 TANTO UTAWA 143 24/02 27/02 TANTO UTAMA 145 04/03 07/03 TANTO UTAMA
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      Page 37 Advertisements Column 5
      390 37 11 ■JIMHiTr If 1! SIN Km EAST 1 24/2 KEELUNG/KAOHSIUNG 20/2 BANGKOK 20/2 MANILA/CEBU 23/2 JAKARTA, BELAWAN/SURABAYA 23/2 PORT KELANG/PENANG/E. Malaysia 4/3 BUSAN 26/2 TOKYO/YOKO/KOBE/NGO/OSA 22/2 HONG KONG SjN CHINA 22/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 23/2 LDN/FLX/LVP/SOU 23/2 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to
      390 words
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      Page 38 Advertisements Column 1
      759 38 CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAMiR/LCL/BREAKBULK SERVICE "ANKE" SERVICE JAN SPE PO* lAI T Villi V2ISB 31,3 W »2258 2/3 50 I*3 I?, J PNG FREIGHT RATES PER TEU LCL CARGO S'BULK GENERAI/FAK lISDISSO USOM/R T USD7O/R T. ISOM3 CLASS 3 USDI6SO USO/5/R.T. 150*3 CLASS 2
      759 words
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      Page 38 Advertisements Column 2
      391 38 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERWCE VESSEL/VOY ETA SPORE NAPLES GENOA Y,C EVSK KS VOI9IW 2/3/91 17/3/91 WW GM V 28CW90 3/3/91 jfTjj/SI T vSfom 24/3/91 «2S 31/3/91 IY V 4lliJQl 1/A/Q1 6/4/91 y,. w 02-91W 16/3/91 11/4/91 01^131 AI SO ACCfP'ING CARGO fOH MilA NO LASPEZ'A PROVAGUO BARCELONA Zl A
      391 words
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      Page 38 Advertisements Column 3
      532 38 VESSEL SJN PTL DSN RBV DAN AOS VO3W 03/03 13/03 17/03 23/03 A VESSEL VO4W 21'03 31/03 06/04 8 VESSEL VOSW 06'04 16/04 21/04 Accepting FCL and 'LCL tor Johannesburg VESSEL "BY DBN PTL SIN KEE BUS ALS STRENGTH VOIE 22/02 26.02 03/03 13/03 22/03 26/03 ALS ENOEAVOUH VO2E 12/03
      532 words
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      Page 38 Advertisements Column 4
      558 38 LUJicon wnv mTEßmnDni\ VLCL/FCL SERVICE FROM f IB B M operate* over 600 termlnai*/offic*« in U.S.A. 1 II (lo® jjflHl CUM maintain* over 35,000 tractors ft trucks. II aQ& Jcu/i™» ovar 60,000 points in UJBJL I —I CUMoffarreliableLCl/FCLaarvtoaa. General Agantv >iy 7ZMArt-7/ASAr PENANG KL: allied-link SINGAPORE: m 04-*****2 03-*****55 778
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      Page 38 Advertisements Column 5
      537 38 SETH SHIPPING CORP SON BHD /ftAAA PT. KLAUS TEL 03 *****01 |6 tau| FM3S7MII I ÜBU PENANC TEL 0413ZMJ FU 04 *****3 SUM TEL OH *****2 Sliu TEL: 014-*****2 TAWAU TEL ******71 KK TEL OU *****0 KUCH TEL: 002 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE FEEOCR VOY PEN I PKI
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      451 39 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 (ftOO *****/00 0800 WOO 1(XX) 1100 ******************** **********00 2000 2100 *****3N JR 24 27 2 7 25 20 15 10 07 06 08 12 19 26 30 30 27 22 15 10 06 05 0.5 08
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      390 40 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 19/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 25/2 DUMAI/PEKAN BARU ABADI JAYA 22/2 DUMAI/PEKAN BARU KUALA SIAK V 28/2 BALIKPAPAN/SAMARINDA SENGGATA (TG BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo
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      Page 40 Advertisements Column 2
      681 40 JkHYUNDAI MERCHANT MARIE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI CHALLENGER 406 14/2~ 21/2 11/3 14/3 17/3 16/3 HYUNDAI COMMANDER 22W 10/1 12/1 lSfl 31/1 «/2 LALANDIA 38E 23/2 28/2 11/3
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      Page 40 Advertisements Column 3
      495 40 CHARTPOINT Every Saturday in Business Times I UK/CONTINENT (TRIO) cft Hamburg la Cap*ntu|«l. Ajrhui Gothoneurj. Malmo. |S PORE |S TOM M BURG B HAVEN R DAM UN Stockholm HAMBURG EXPRESS 01/Mt 14,2 H 5,1 4/3 Rotterdam to Wwp Amlertfam (Mo. HoltMki KOWLOON BAT »51i 21 2 12,3 1M 11/3 12/1
      495 words