The Business Times, 19 February 1991

Microfilm: NL17400
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Tuesday February 19 1991 75®
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  • NEWS SUMMARY
    • Article
      Soviet troops and Georgian group exchange gunfire
      61 1 SOVIET TROOPS and Georgian nationalists exchanged gunfire on the outskirts of Tbilissi, the official Tass news agency said yesterday. The Soviet Foreign Ministry was quoted as saying security forces had detained 20 people and seized firearms and explosives, while opposition leaders in Moscow
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    • Article
      Maharaja on hunt
      25 1 A MAHARAJA, owner of various historic hotels India, is seeking a Singapore or Hongkong partner for a proposed joint venture Page 2
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    • Article
      TDB team for Japan
      36 1 A 12-MEMBER Trade Development Board delegation will leave for Japan, the market for about 50 per cent of Singapore's cut orchids exports, on a two-week orchid mission on Feb 23 Page 2
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    • Article
      Move against Thailand
      36 1 A TRADE group comprising eight copyright industries has urged the US Trade Representatives to recognise Thailand as a "priority foreign country" under the Special 301 Section of the US Trade Act. Page 6
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    • Article
      Help for exporters
      19 1 THE BANK of Thailand will help rice exporters atTcctcd by Baghdad's default on payments Page 6
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    • Article
      Critics getting louder
      31 1 CRITICS of the US-Mexico free trade agreement trade arc getting more \ocal about the pact as the deadline for a crucial US Congress decision draws closer Page 7
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    • Article
      China charging rent
      22 1 UNDER a new regulation, foreign joint ventures in China will begin paying rent on land this year Page 7
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    • Article
      Elusive goal
      26 1 ALTHOUGH Manila is upbeat about it, fleshing out the details of a security concept in the Asia-Pacific region remains an elusive task Page 9
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    • Article
      Bugs at the movies
      22 1 HERALD the new stars of Hollywood: bugs are making more than cameo appearances in movies today Page 13
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    • Article
      Drop in Altera liftings
      29 1 CARGO LIFTINGS from Singapore by members of the Asia-North America Eastbound Rate Agreement (Anera) fell by 15 per cent last year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Footsie higher
      50 1 THE UNEXPECTED 1.4 per ccnt drop in retail sales in January boosted hopes that the UK government would cut interest rates, taking London shares to their highest levels of the day yesterday. At 1211 GMT, the Footsie index of 100 leading shares stood at 2.323.9, up 27 points
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    • Article
      Renong plans
      29 1 RENONG BHD has plans to develop its own activities to ensure that it can grow organically besides expanding through acquisitions as well as share swops Page 3
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    • Article
      CSH in tie-up
      31 1 COLD STORAGE Holdings and Takashimaya Pte Ltd have entered into an understanding to jointly run a supermarket within the latter's departmental store at Ngee Ann City Page 3
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    • Article
      Visa optimistic
      23 1 CREDIT CARD company Visa International is optimistic of continued good growth despite the problems created by the Gulf War Page 5
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    • Article
      Market holiday
      23 1 WALL STREET was closed yesterday for a public holiday (Washington's Birthday). Taipei markets remained closed for the Lunar New Year holidays.
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 675.50 +21.38 Kuala Lumpur ....545.% +18.36 Hongkong 3.473.42 +60.76 Tokyo 26,230.01 +886.27 Sydney 1.399.3 +21.3 Friday Change New York 2.934.65 +57.42 London 2.296.9 +2.5
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    • Article
      CURRENCIES
      20 1 Exchange rates USS S$ 1.7135 100 Yen SSI.3I81 MS SS0.6362 Money market rates Overnight 4-5/8 1/8 3-month 4-1/2% unch
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    • Article
      COMMODITIES
      33 1 London Gold AM fix US$364.60 -US$0.90 Rubber S'pore Mar... l44.25'/kg -0.25 M'sia Mar.... 228.50«/kg -0.50 KL Tin Turnover l8tonncs-32 Spot M$ 14.88/kg +0.25 Crude palm oil Turnover 319 lots Feb M$846 /tonne
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  • Article, Illustration
    Stocks start Goat Year with a bang
    447 1  -  STII jumps 39 points Trading volume soars Rally in HK, Tokyo Buoyed by peace hopes By S N Vasuki THE SINGAPORE stockmarket yesterday started the Year of the Goat with a bang. Hopes of peace in the Gulf sent share prices on the
    447 words
  • Article, Illustration
    M'sia, S'pore and Indonesia to promote Triangle jointly
    409 1  -  By David Chew MALAYSIA, Indonesia, and Singapore have agreed in principle to joint promotion efforts this year to attract investors from the Far Eastern countries and the US to the Growth Triangle. This was announced yesterday by Johor Chict Minister Tan Sri
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  • Article
    Lock icon Roh reshuffles Cabinet after scandal
    148 1 AP SOUTH KOREAN President Roh Tae-VVoo replaced two senior ministers and the Mayor of Seoul yesterday in the aftermath of a multi-million-dollar housinn scandal. Choi Gak-Kyu, chief poli-cy-maker of the ruling Democratic Liberal Party, replaces liee Seung-Yoon as Economic Planning Minister, the high-est-ranking economic post
    AP  -  148 words
  • Article, Illustration
    Mixed reaction to idea of MPs as board directors
    525 1  -  By Elaine Koh, Diana Oon CORPORATE reactions to the idea of Members of Parliament becoming board directors have ranged from positive to sceptical. Some thought the encouragement by Prime Minister Goh Chok Tong for more backbenchers to serve on boards of
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  • Article
    Lock icon Boom in Malaysia, Thailand, Indonesia to continue: banker
    224 1 Bernama THE CURRENT robust growth being experienced by Malaysia, Thailand and Indonesia reflects a solidly-based, long-term trend, says a senior Standard Chartered Bank executive. John Mcnzies, the bank's senior vice-president and regional manager for North America, feels that the boom will continue
    Bernama  -  224 words
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      7 1 Singapore's investment in Indonesia quadruples. Back Pg
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      3 1 Editorial, Pg 8
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  • HOME NEWS
    • Article, Illustration
      Wanted: partner for Indian hotel
      421 2  -  Maharaja intends to expand palace hotel By Harish Mehta AN INDIAN maharaja who owns the historic Rambagh Palace Hotel in Jaipur is set to expand his other property, the Raj Mahal Palace Hotel, in a joint venture which could involve a Singapore or Hongkong company.
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    • Article
      TDB organises orchid mission to Japan
      362 2 JAPAN, the market for about 50 per cent of Singapore's cut orchids exports, is the destination of a 12-member, two-week-long orchid mission starting on Feb 23. The first such mission organised by the Trade Development Board (TDB), it is part of its programme to
      362 words
    • Article
      Govt to acquire Farrer Rd land for flood project
      140 2 TWO LOTS of land, with a total area of 965.1 square metres, in the high-priced district of Tanglin have been gazetted for acquisition by the government. The approximately 300metre long strip is to be used to improve the Fairer Road outlet
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    • NEWS ROUNDUP
      • Article
        Don't opt out of Medisave, NTUC urges
        75 2 THE National Trades Union Congress has joined the Central Provident Fund in urging those who have opted out of the Medisave Scheme to reconsider, said NTUC president Oscar Oliveiro. He urged unions to work closely with the CPF and play their part by
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      • Article
        CIDB's top priorities
        49 2 QUALITY and productivity improvement are the twin top priorities of the new chairman of the Construction Industry Development Board, Dr Tan Swan Beng. In an interview with SBC, Dr Tan said it was necessary to review the board's past performance and continue to build on it.
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      • Article
        Calling direct from India
        85 2 TRAVELLERS in India can now call the Singapore Telecom International Operator directly to reach a telephone number in Singapore. Callers will simply have to press the button with the SingaporeDlßECT logo on specially designed telephones located at the Telecom Service outlets in Bombay and New Delhi.
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      • Article
        Poly projects on display
        74 2 MORE than 170 projects by final-year students of the Singapore Polytechnic's Mechanical and Manufacturing Engineering Department will go on display from tomorrow till Feb 22 at the polytechnic's auditorium. The display will feature innovative projects such as a textile printer, an automatic cream patterning device for
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      • Article
        Great Eastern's link-up
        83 2 GREAT Eastern Life has started the region's first on-line phone access system for its agents. Called the Great Eastern PHONE-LINK, the system provides agents access to its data banks through the telephone. Real-time information on clients' policies, agents' production and persistency figures will be available through the
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      50 2 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and vou are looking for office space (witn business support facilities) we nave various sizes for vou to choose. Our prices for a week is equivalent to a night s stay in an Orchard Road Hotel. Phone: *****46
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  • COMPANY NEWS 1
    • Article
      Renong to develop own corporate activities
      501 3  -  By William Chia RENONG Bhd has plans to develop its own corporate activities which could further transform the fast-growing and acquisitive Malaysian conglomerate. Renong, which announced a massive M 51.95 billion restructuring scheme earlier this month to consolidate its assets, is the holding company
      501 words
    • Article
      CSH, Takashimaya plan tie-up
      418 3  -  Cold Storage Holdings reports 3.4 per cent rise in profit By Alvin Tay COLD STORAGE Holdings (CSH) and Takashimaya Pte Ltd have entered into an understanding to jointly run a supermarket within the latter's departmental store at Ngee Ann City in Orchard Road. This supermarket is
      418 words
    • Article
      Cerebos Pac on acquisition trail
      306 3 CEREBOS Pacific, acquired by the cash-rich Japanese brewing and distilling group Suntory last April, has finally started its widely anticipated "aggressive acquisition path". Through its wholly-owned subsidiary, Cerebos Australia (CAL), Cerebos Pacific has entered into an agreement to acquire the businesses and assets of Bonlac
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    • Article
      Keppel Finance's bottom-line figures belie creditable showing
      767 3  -  THE HOCK LOCK SIEW COLUMN By Alvin Tay MUCH was expected of Keppel Finance, the publiclylisted finance arm of the Keppel Group, especially after its after-tax group profit rose 65 per ccnt to $2.34 million for the six months ending June 1990. But
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    • Article, Illustration
      Lock icon Bank Negara names directors of Rating Agency M'sia
      440 3 Bernama BANK Negara Malaysia yesterday announced the appointment of six directors to the board of Rating Agency Malaysia Bhd, which is expected to commence operations this year, with Tan Sri Datuk Dr Abdul Khalid Saltan as chairman. The other directors are Tcngku
      Bernama  -  440 words
    • COMPANY BRIEFS
      • Article
        Hsu Tse-Kwang made DBS Bank director
        97 3 DBS BANK has appointed Scmbawang group executive chairman Hsu Tse-Kwang as a director with effect from Feb 9. The appointment came just one month after Mr Hsu was made an executive chairman of Sembawang after his retirement as Commissioner of Inland Revenue. Although not
        97 words
      • Article
        Far East raises hotel stake
        126 3 FAR EAST ORGANISATION has bought another 1.56 million shares in Orchard Parade Holdings to increase its stake in the ex-Ming Court Hotel from 67.76 per cent to 74.93 per cent. Far East jointly owned by property tycoon Ng Tcng Fong and his wife. Madam Tan
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      • Article
        Bonvests appoints new directors
        49 3 BONVESTS HOLDINGS Ltd has appointed Chen Choong Joong and Chuen Fah Alain Ahkong as additional directors with effect from Feb 6. An audit committee has been also formed, comprising the two new directors and Henry Ngo. Mr Chuen will be the chairman of the committee.
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      • Article
        Dunlop expects 5pc pay-out
        143 3 DUNLOP ESTATES Berhad is forecasting a gross dividend pay-out of 5 per cent for the year ended Dec 31, 1990, as well as for the current year ending Dec 31, 1991. Its earnings are likely to be enhanced in view of the envisaged improved contributions from
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    • COMPANY BRIEFS
      • Article
        Study proposes asset base for SET listing
        91 4 A STUDY before the Stock Exchange of Thailand board recommends that companies appl>ing for a listing must have at least Bt2oo million (S$ 13.62 million) in assets, the Bangkok Post reported. A SET source said that the proposal was tabled at the SET
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      • Article
        Exxon sells stake in Pakistan unit
        60 4 THE US-based Exxon Corporation has offered to sell its equity in a fertiliser-manufacturing Pakistani subsidiary to the subsidiary's management and employees, a spokesman said. Shaukat Mir/a. president of the subsidiary Exxon Chemical Pakistan I id. said Exxon had decided to disinvest its 75 per
        60 words
      • Article
        Marubeni to run Thai berth
        110 4 JAPANESE trading giant Marubeni Corp said yesterday it had won a 12-\ear contract to operate a container berth at Ramchaban port m southern rhailand. Marubeni and Kamigumi Co. Japan's second largest port-harbour transport firm, won the Ihai government contract to operate the berth capable of
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      • Article
        Indon's first convertible bonds
        103 4 PT ASTRA International is offering 50 billion rupiah (US$26 million) in convertible bonds, the first Indonesian issue of such securities. The 10-year par-value bonds are on offer from Feb 20 to 28 and will be listed on the Jakarta Stock Exchange from March 20 in denominations
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      • Article
        Mitsui, Goodyear plan tie-up
        52 4 MITSUI CO, a Japanese trading firm, said it plans to establish by the end of this month a joint venture in Tokyo with Goodyear Tire and Rubber Co, to sell aircraft tyres. The new company. Air Treads Japan Co, will be capitalised at about 70 million
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    • Article
      Kanjanapas seek partners for garbage venture
      195 4 THE KANJANAPAS Family of Thailand is seeking a partner to invest in an automated garbage separation plant as part of the group's plastic recycling venture initiated last year. The Nation reported. Chaiyasit Kanjanapas, president of Siam Plastic Recycling and managing director of Metro Department
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    • Article, Illustration
      Hoare Govett buys seat on Makati exchange
      522 4  -  From Al O Labita Jr in MANILA HOARE GOVETT, Inc, one of the largest stockbroking firms in London, has purchased a four-million peso (*****,000) seat on the Makati Stock Exchange (MSE), making it the 95th member of the exchange. In a recent letter
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    • Article
      Oil majors seek higher sales margins
      384 4 MAJOR oil companies are again asking the Thai government for higher sales margins on fuel which have been unchanged since 1986, to keep up with a heavy rise in operating costs, the Bangkok Post reported. The renewed campaign was launched jointly by the country's
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    • Article
      Thais set up holding firm for potash project
      403 4 A GROUP of Thai public and private shareholders in the Asean potash mining project has formally set up a holding company to represent them in the intra-Asean investment scheme. According to The Nation, the investors have put togeth;r 71.071 million baht (554.84
      403 words
    • Article
      Lock icon Saatchi chief fined over SEC charges
      278 4 NYT THE US SECURITIES and Exchange Commission said last week that it has charged the chief executive of Saatchi Saatchi Co and several other people with violating insider trading regulations. An SEC spokesman said Robert LM Louis-Dreyfus, former president of IMS International Inc, had
      NYT  -  278 words
    • Article, Illustration
      Lock icon Aussie news organisations in bad shape
      682 4 A leading newspaper group and two private television networks are in receivership NYT AUSTRALIAN news organisations. normally among the world's most vigorous, arc facing financial difficulties in this country's deep recession. One leading newspaper group and two of the three private television networks are
      NYT  -  682 words
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  • FINANCIAL NEWS
    • Article
      Finance One taking over Thai securities firm
      501 5 THAILAND'S Finance One Co has staged a surprise coup by reaching an agreement in principle with the Bank of Thailand to take over Thananant Finance and Securities, a Thai senior central bank official said. Thananant Finance is considered as one of the top
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    • Article
      Lock icon Profit fall likely for Tokyo broking firms
      210 5 AFP JAPAN'S four main securities firms are expected to show a drop in profits from between 60 per cent and 80 per cent at the end of the fiscal year next month. Kyodo news agency during the weekend quoted analysts as saying that
      AFP  -  210 words
    • Article
      Lock icon Allied board adopts neutral stance towards rival bids
      453 5 Reuter THE board of South Africa's Allied Group, target of rival takeover bids seeking to form Africa's biggest banking group, said it is taking a neutral stance toward the two suitors. "The board has set in a neutral position...," chairman Norman Alborough
      Reuter  -  453 words
    • Article
      Lock icon Worst is not yet over for US dollar: analysts
      256 5 Reuter ALTHOUGH the dollar scored a comeback last week, the gains failed to convince analysts that the worst is over for the US currency. After hitting a low of 1.4435 deutschemarks last Monday, the dollar touched a high of 1.4820 marks
      Reuter  -  256 words
    • Article
      Visa expects good growth this year despite Gulf war
      402 5  -  By Diana Oon GLOBAL credit card giant Visa International hopes to see continued good growth this year despite the problems created by the Gulf war. In its last financial year, Visa's membership in the Asia Pacific region grew by 38 per
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    • SMALL CHANGE
      • Article
        Tokyo bank to have wider role
        59 5 THE JAPANESE Finance Ministry will revise a law governing the Japan Development Bank to give it a wider role in funding public works projects, a bank official said. The revision of the law will enable the bank to make loans at low interest to
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      • Article
        Barclays plans to reduce staff
        64 5 BARCLAYS will soon start cutting 15-20 per cent of its 87,000 employees, bank chairman John Quinton said. Mr Quinton said the process would take several years. He said he would provide details when earnings are reported on Feb 28. Britain's other main banks, National Westminster
        64 words
      • Article
        Arab bank to open in London
        76 5 THE Arab Banking Corp has received permission from the Bank of England to incorporate a European arm in London. The ABC International Bank will have £300 million in authorised capital, £250 million of which will be paid up. ABC president Abdulla Saudi said the
        76 words
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  • Page 5 Miscellaneous
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  • THE REGION
    • Article
      Treat Thailand as priority country: copyright body
      367 6 Infringement enquiry could lead to US sanctions THE International Intellectual Property Alliance (IIPA), a trade association comprising eight copyright industries, has urged the US Trade Representatives (USTR) to identify Thailand as a "priority foreign country" under the Special 301 Section of the US
      367 words
    • Article
      Bank of Thailand to help rice exporters over Iraqi default
      422 6 THE BANK of Thailand will consult the Finance Ministry on how to help exporters affected by Iraq's failure to pay its 1,700 million baht (*****.6 million) debt for rice it bought early last year, the Bangkok Post reported. A highly
      422 words
    • Article
      Jakarta urged to monitor funds
      188 6 THE INDONESIAN House of Representatives (DPR) Budgetary Commission has urged the government to improve supervision of the inflow of foreign funds in a bid to prevent the country's economy from suffering any negative impact. The Jakarta Post during the weekend quoted the commission as saying:
      188 words
    • Article
      HK must move into high tech, says association chief
      330 6 HONGKONG will lose billions of dollars in revenue if it remains a sub-assembly base for low-cost, low-end products, says the chairman of the Hongkong Electronics Association. Writing in the Hongkong Industrialist, Robert Li said the British territoiy would face severe competition
      330 words
    • NOTE BOOK
      • Article
        Laos to import 100,000 tonnes of Soviet fuel oil
        99 6 LAOS is importing 100, OCX) tonnes of fuel oil from the Soviet Union this year in a barter deal. The Laotian state radio reported that in exchange, Laos would provide parquet floors, sawn timber, tin ore and peanuts. An earlier state
        99 words
      • Article
        Lukewarm response to offer
        82 6 HONGKONG people's dislike of Britain would be a factor in keeping applications for full British passports in the colony to "well below" the officially anticipated 300,000 mark, an independent poll showed yesterday. The passports deal, announced last October with applications invited from December until the end
        82 words
      • Article
        Suharto receives WHO award
        69 6 INDONESIAN President Suharto yesterday received an award from the World Health Organisation (WHO) for his relentless efforts in improving the health of the country of 179 million people. WHO director general Hiroshi Nakajima, presenting the Health for All Golden Medal Award at the presidential palace in
        69 words
      • Article
        Mahathir assures civil servants
        76 6 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has asked civil servants working in departments which the government will not privatise not to despair over the big salary increase and other perks enjoyed by those who are now working in privatised ones. He assured them yesterday
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  • THE WORLD
    • Article
      Lock icon US critics of trade pact with Mexico getting more vocal
      467 7 Labour rights and environmental problems cited Reuter AS THE DEADLINE for a crucial US Congress decision on a free trade agreement (FTA) with Mexico approaches, critics of the pact grow increasingly vocal. The US has had a trade accord with
      Reuter  -  467 words
    • Article
      Lock icon Israelis accuse Japan of imposing economic blockade
      275 7 THE AFP JAPAN has effectively imposed an economic blockade on Israel with an eye to cashing in on the post-war boom in Arab countries, say Israeli businessmen. "We are mainly blaming the Japanese government, the Finance Ministry and the banking association for putting
      AFP  -  275 words
    • WORLD WATCH
      • Article
        IMF to send mission to South Africa
        59 7 THE INTERNATIONAL MONETARY FUND is to send an official mission to South Africa in May, Business Day newspaper reported in Johannesburg yesterday, quoting IMF head Michel Camdessus. The mission would interact with groups across the political spectrum before submitting a report on South
        59 words
      • Article
        Investment in Guangdong up
        90 7 CHINA'S southern province of Guangdong attracted U559.54 billion (5515.3 billion) in foreign investment in the five years to 1990, more than half the country's total, the China Daily reported yesterday. I.ast year, foreign investment in Guangdong totalled US$l.46 billion, 72 per cent of China's total, the
        90 words
      • Article
        Sino-Brazil trade likely to rise
        74 7 CHINA predicts a rise in trade this year with Brazil, its top trading partner in America, the English-language China Daily newspaper said yesterday. The Brazilian government should gradually lower customs tariffs on numerous imports to boost bilateral trade, the paper quoted a Chinese Trade Ministry
        74 words
      • Article
        Guerillas wipe out two platoons
        74 7 TAMIL GUERILLAS wiped out almost two platoons, or 48 soldiers, in the worst attack against Sri Lankan troops this year, officials in Colombo said yesterday as the government faced growing political and economic woes. The Liberation Tigers of Tamil F.elani set oil land mines and
        74 words
    • Article
      Lock icon Mild growth for Tokyo capital investment
      257 7 UPI CORPORATE capital investment in fiscal 1991 will grow a mild 1.6 per cent over the current year amid signs of a slowdown in the Japanese economy, leading economic journal Nihon Keizjai Shimbun reported in lokyo yesterday. It said the report was based on
      UPI  -  257 words
    • Article
      Lock icon Foreign joint ventures in China to pay rent for land
      346 7 AP FOREIGN joint ventures in China have to begin paying rent on land this year. Under a new regulation, the state would begin charging joint ventures and solely foreign-funded enterprises rent from the time they began occupying land in China,
      AP  -  346 words
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  • Article
    Issue warrants some debate
    524 8 EDITORIAL FEW WILL deny the political leadership the priority for the country's best brains. Still, the growing tussle tor talent between the public and private sectors in recent years has seen a flow of politicians retired and active to the business sector. In accepting Chuan Hup
    524 words
  • WHAT THE OTHERS SAY
    • Article
      Care in liberalising
      214 8 IN ADDITION to the wrangling over agricultural subsidies at the Gatt talks, what is also important especially to Singapore is the liberalisation of financial services. The dismantling of financial frontiers is of course welcome, but Singapore and the other countries which make up the Seacen (Southeast Asian
      214 words
    • Article
      Smooth transition
      140 8 THE recent Malaysian cabinet reshuffle saw a smooth regeneration of leadership in the tradition of Umno. The rise of Datuk Anwar Ibrahim has all along been predicted. As the new finance minister, he will have to show his versatility in leadership. Despite his stints in a number of
      140 words
    • Article
      No sincere intentions
      143 8 THE allied forces' endless bombings and the deaths of 400 civilians in the Baghdad bomb shelter are obviously the main reasons for Iran s announcement last Friday that it was willing to negotiate a withdrawal of its troops from Kuwait. But though Iraq appeared to be willing
      143 words
  • REGIONAL VIEWPOINTS
    • Article
      What is Saddam up to?
      193 8 READING the text (of Iraqi President Saddam Hussein's offer), which is clearly phrased, carefully, we wonder whether President Saddam Hussein was fully briefed on the implications of Security Council Resolution 660 since the Revolution Command Council's announcement linked Iraq's withdrawal with a number of conditions
      193 words
    • Article
      The Palestinian problem
      171 8 WE THINK the United Nations should play a central role in building a new, postwar order in the Middle East. It is the great task for not only Japan but also for the United States and the rest of the world to attempt to strengthen the functions
      171 words
    • Article
      Adjust to the new era
      116 8 GIVEN THE new position of postwar Japan in international society, this nation has a solemn obligation to decide on new approaches to its responsibilities to other nations, though these must be in accordance with the constitution. But, judging from the intensive Diet deliberations on I
      116 words
  • Article, Illustration
    Lock icon Fight Saddam: start flying again
    620 8  -  Giles Merritt on why business as usual is one way to help win the Gulf War Giles Merritt IHT FROM a military standpoint Saddam Hussein may well be losing the war. but he is winning it economically. That is to say, the coalition allies arc
    IHT  -  620 words
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      109 8 SIN GAPORT' 91 A BT Special Survey on Singapore's shipping industry March 26,1991 For the third year running, Business Times will publish a special supplement to coincide with Singapore's premier shipping event Singaport. This year, the supplement will give an Insight into the future of various sectors in the shipping
      109 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      73 8 DOONESBURY BY GARRY TRUDEAU W f-pOM the. ANT! MAP sf I S/R? f On,UOOK,V()a<S VW-" Ptcrr I HOK*V*&% TUfm&l* HEBAA.K IT'S-WO I mjwtp ftTTlf. PPIJM■ WAT mtWriif-IMiUGIN I VM I vttll/'WT yyjl I IN The I DON'T SOU-JUST LWt FROtITO TH£ MITE I I THOjOHT I ItTfING /T sen cM2o
      73 words
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  • ANALYSIS
    • Article
      Lock icon Political expression suffocated at national symbol
      900 9 Beijing University is the most prestigious Chinese university. But a spiritual bleakness has engulfed this elite institution NYT IN the dead of winter, grey clouds hang ominously over the campus of Beijing University and bare trees rustle in the wind. But inside the dank,
      NYT  -  900 words
    • Article, Illustration
      Time to consider regional security?
      980 9  -  A 1 O Labita Jr, writing for BT from Manila, reports on the types of regional security arrangements possible in South-east Asia Al O Labita Jr MORE than a few rocket launchers, missile carriers and armoured vehicles were displayed by the Soviets during a recent
      980 words
    • Article
      Lock icon Where life is confusing as well as dangerous
      762 9  -  The ordinary Sikh, reports Michael Battye, is caught in the crossfire as militants battle the Indian government Michael Battye, Reuter MORE than a decade into a Sikh militant campaign to be free of India, life in Punjab is getting worse and ever
      Reuter  -  762 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      155 9 BEEF& PORK^MH RIBS fgH 5-COURSE SET MENU FOR LUNCH DINNER Includes: Fruit Juice Soup of the Day Toast Garlic Bread Dessert Coffee or Tea FREE FOOD VOUCHER With every 80.00 yoo tpeii on (Inner, SELECTION OF MAIN COURSE you get food voucher worth $Iftflo Limited period orty. Airflown BBQ Beef
      155 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      110 10 For US$4OO,OOO Gentlemen Will Beat Each Other's Birdies With Wood And Iron Clubs IM I IA I I Watch top pros tee-off at the lanah Merah Country Club, Garden Course epsq«A for everyone at this year's Epson Singapore Open Golf Championship. I from 21 to 24 February 1991. A jolly
      110 words
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  • SPORTS
    • Article, Illustration
      Lock icon Lendl's aces finish off Sampras
      535 11 Agencies IVAN LENDL came up with some big serves of his own to beat hard-serving Pete Sampras in five sets on Sunday in the final of the US$l million US Pro Indoor tennis championship in Philadelphia. Lendl, who fell to Sampras during the teenager's march
      Agencies  -  535 words
    • Article
      Lock icon Blake clinches first PGA win
      298 11 Agencies JAY DON BLAKE birdied two of the last four holes on Sunday to win the Shearson Lehman Brothers Open golf tournament for his first victory on the PGA tour. The 32-year-old Blake, a former national collegiate champion from Utah, finished with a five-under-par 67
      Agencies  -  298 words
    • SIDE LINES
      • Article
        New Zealander clinches yachting honours
        89 11 NEW ZEALAND yachtsman Rod Davis won a clifT-hanger final to take the Australia Cup match racing series on Perth's Swan river on Sunday. Davis faced Australian Gordon Lucas in the best-of-three-race final and the local hope pushed the visitor all the way, losing the deciding
        89 words
      • Article
        Anderson secures race
        60 11 PHIL ANDERSON of Australia made sure of victory in the Mediterranean Tour cycle race when he won the last stage, the 130 km, from Hyeres to Marseilles on Sunday. Anderson, who won the race in 1985, had taken over the lead on Saturday from Switzerland's Toni Romingcr
        60 words
      • Article
        Tottenham's the favourite
        65 11 TOTTENHAM was installed as FA Cup favourite on Sunday night as the British bookmakers predicted a North London final with Arsenal after the sixth round draw. Spurs, now an 11-4 chance, was drawn at home to Second Division promo-tion-chasers Notts County, while Arsenal, provided it overcomes Third
        65 words
      • Article
        Ugly confrontation
        101 11 LEROY BURRELL and Linford Christie were involved in an ugly ofT-track confrontation on Sunday after the American trounced Europe's top sprinter in a 60 metres events at an international indoor athletics meeting in Cosford. Burrell, the new world record-holder, showed I .astonishing arrogance midway through the race, turning
        101 words
      • Article
        Maradona's passport held
        81 11 A NAPLES court has ordered the witlulrawal of Diego Maradona's passport, following allegations that the football star is involved in a sex and drugs ring. Informed sources in Naples said on Sunday that the measure was decided by the same three examining magistrates who interviewed the Napoli
        81 words
    • Article
      Lock icon Navratilova wins Chicago Slims
      210 11 UPI MARTINA NAVRATILOVA, nervous after enduring knee surgery and going seven months without a tournament victory, secured her first title since Wimbledon on Sunday, defeating Zina Garrison, 6-1, 6-2, to take the U*****,000 Virginia Slims of Chicago. Garrison was also Navratilova's victim in the Wimbledon final
      UPI  -  210 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      115 11 y jjj jj^g fmsh 5 .jjh wHBBIBBBW^^^iiPWM| tf^Bm :^##W V ■SJ N i\ -v^w v- Our Commitment To State-Of-The-Art Technology Has Helped Us Win Worldwide Acclaim. When it comes to investing in the latest technology, Korean Air leads the way. Our new Boeing 747-400s fly nonstop from Seoul to Lurope
      115 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1179 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE 1 ruTi TOSS TO A PROSPEROUS YEAR iff CAFE PLAZA *?C (1-21 FEB)* i&t U Feast to your heart's content on L an amazing spread of prosperity dishes. Priced at onlv 816++ (Adult) Jk\^
      1,179 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      396 12 TELEVISION AND RADIO f/iUUfiil SBCIi «5 busmessonraok) i lie iaiiniui rnuiions mcmimmiu 7M j-sslsl,**.*. *>.*«*i, Wßl «i, 730 7-W Highlights. 7.28 Maghr* Prayar Call. 7.10«n, 9.25 am, 1.30pm, Tuples and Pdgri™, UHH u, ffiSjZl ZZ SST' The unwavering religious faith of Sste^ 0^"1 12.00 MN News Update (E.M.T)- 10 00
      396 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Creepy, crawly superstars
      1336 13  -  Natalie Angier discusses the three waves of insects in films and the joys of 'insect wrangling' Natalie Angier NYT BY THE latest scientific estimate, insects and spiders make up 99 per cent of all species on Earth. For every pound of us, there arc about 300 pounds
      NYT  -  1,336 words
    • Article, Illustration
      No Hurt-Jennings marriage, court rules
      481 13 CHATTERBOX THE New York State Court of Appeals has upheld a lower court's decision that William Hurt did not have a common-law marriage to Sandra Jennings. Jennings, a former dancer with the New York City Ballet, had tried to prove that the marriage existed so
      481 words
    • Article
      Lock icon A refuge for tired Japanese men
      405 13 Asahi A HOME for men seeking refuge from fierce competition at work and from their families will open soon in a remote mountainous area in Kyoto Prefecture in Japan. In feudal days Japanese temples and convents gave shelter to women fleeing their husbands. Similar
      Asahi  -  405 words
    • Article
      Lock icon With a little help from Comrade Mikhail
      627 13  -  Soviet director Pavel Lounguine talks to Bob Thomas about film-making under perestroika Bob Thomas AP PAVEL Lounguine, who won the 1990 Cannes Film Festival prize for his direction of Taxi Blues, personifies the new liberties accorded Soviet filmmakers under perestroika (restructuring). Five years
      AP  -  627 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      286 13 AND ENTEBTAIN Set Your Heart On Our Set Meals. I LLTNCH II I 1 pBjMTfllB 2JOPM.IMI»«. I m PfR PERSON I DINNER: 6 JOPMIO I P "V -i. j*\ 10 JCPM SlfcSO. I PER PERSON I The Cafe-in-the-Park is well known for I its excellent food. And now, for its
      286 words
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  • INNOVATION & TECHNOLOGY
    • TECH TAKES
      • Article
        Xerox has new PC and workstation fax server
        62 14 XEROX Corp said it is introducing an integrated fax server that allows Novell Inc local area network (LAN) users to send and receive facsimile transmissions directly at personal computers or workstations. The Xerox LAN/ Fax Express 21 consists of a Xerox Telecopier
        62 words
      • Article
        New Specialix distributors
        49 14 SPECIALIX of England, which recently moved its manufacturing base to Singapore, has appointed four new distributors to tap the regional markets of Indonesia and China. They are: Eekon Computer System for Hongkong, Macau and China; MPX for Malaysia; ACA-Pacific Technology for Singapore and Emkom for Indonesia.
        49 words
      • Article
        Compaq's connectivity seminar
        75 14 COMPAQ COMPUTER Asia is organising a symposium next month on connectivity and networking. The event will have speakers from computer firms like Banyan Systems, The Santa Cruz Operation and Novell. Compaq will also display the full range of its products. Called Compaq Connectivity Asia, the symposium will
        75 words
      • Article
        NCB co-organises seminar
        39 14 THE NATIONAL Computer Board and Systems Education Centre will organise a three-day conference starting next Monday on Object-Oriented Technology and the development of application systems. Prominent speakers will discuss five different topics daily for the conference.
        39 words
      • Article
        Deluxe's regional distributor
        77 14 DELUXE Data Systems, the largest American electronic fund transfer software supplier based in Winsconsin, has appointed Singapore-based Information Sciences as its exclusive distributor for Singapore, Thailand, Malaysia, Indonesia, Hongkong, Taiwan and Korea. Deluxe vice-president and general manager for international operations, Mr James W Locke, said the Asia
        77 words
      • Article
        CSA pushing POSE vigorously
        47 14 LOCAL computer firm. Computer Systems Advisers (CSA), is pushing its POSE (picture oriented software engineering) tool strongly in this region. It has appointed Information Management Systems of Taiwan as its POSE distributor. POSE is already actively marketed in the US and in Europe.
        47 words
    • Article, Illustration
      Microelectronics institute names advisory board
      269 14  -  By Claire Leow THE Institute of Microelectronics (IME) to be launched in April to focus on mar-ket-driven, applied research has appointed a Scientific Advisory Board, comprising .international scientists and engineers. Reflecting the national role of the IME in manpower training, the panel of experts will
      269 words
    • Article
      Lock icon Anti-war broadcast gets ham radio operators in trouble
      356 14 NYT THE SLEEPY world of ham radio operators, best known for electronic tinkering in the garage and relaying emergency messages in natural disasters, has become embroiled in a hightechnology dispute over the broadcasting of a computerised chain letter that solicits support for
      NYT  -  356 words
    • Article
      Lock icon Medical illustrators turn to the computer
      237 14 NYT PEN and ink remain the traditional tools of medical illustrators, but some are using powerful computers to create detailed three-dimensional pictures of the body on computer screens. "It's like working with the real object," said Lewis Sadler, head of the biomedical visualisation department
      NYT  -  237 words
    • Article
      AVS expands to gain stronger foothold in world computer markets
      233 14  -  By Jean Wee THE AVS group of companies is expanding its operations to gain a stronger foothold for its computer products in the international markets. A new $8 million building at Übi Avenue, to be ready this May, will substantially
      233 words
    • Article, Illustration
      Forum helps the greening of IT firms
      411 14  -  IT MATTERS The IT industry, not usually linked to environmental issues, is still quite 'green' in this regard, comments Kenneth James Kenneth James THE ANNUAL Information Technologies Forum, a brainchild of the influential World Economic Forum (WEF), routinely attracts some of the key
      411 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      874 14 Cold Storage Holdings Ltd (Incorporated in Singapore) The Directors announce the unaudited results for the six months ended 31st December 1990 THE GROUP THE COMPANY 1990 1989 Change 1990 1989 Change $•000 $'000 $000 $'000 TURNOVER 221.676 219,259 +1.1 J PROFIT BEFORE TAXATION 19.171 19.349 -0.9 10.392 9.607 8.2 after
      874 words
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      Page 14 Advertisements Column 2
      45 14 pNonci-, Please be informed that with effect from 2nd February 1991 GSS Electronics will be known as GSS ARRAY TECHNOLOGY (S) PTE LTD Our unit 04-05 A has changed to: Unit 04-07 Thye Hong Cenfre 2 Leng Kee Road Singapore 0315 Teh *****77 Fax: *****58
      45 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Buying wave sends market broadly higher
      3998 15  -  By S N Vasuki THE SINGAPORE stock market started the lunar new year with a big wave of buying yesterday. Share prices rose across the board and the trading volume was the second highest in a year. Brokers said the strong performance by the
      3,998 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3896 16 Main Board SIA Foreign 1600 +130 8.8% DBS Foreign 1250 90 7.8% SIA M70 +70 f 6.4% SIA 200 1170 +70 f 6.4% SBC-S1AF92 2000 120 f66 +122.2% DBS 1060 t-60 6.0% GE Life 1450 50 f3.6% SPH Foreign 1110 +50 4.7% Iseian 5P 670
    3,896 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks soar to 22-week high in active trading
      4030 17 Bernama SHARE PRICES on the Kuala Lumpur stock market firmed across the board in very active trading yesterday, in line with the sharp rallies on major overseas bourses. The KLSE Composite Index soared to a 22-week high of 545.96, up 18.36 points,
      Bernama  -  4,030 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      116 17 NEWS FLASH rf z^w» >f -^gr-sp..-\ ShiODmSiffl&* o fix W-S^S ■P IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Every day it brings you: Bunker Reports. Shipping Agents List. Freight Rates and a guide to port of calls of major
      116 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      247 18 CwMNwy Date Yaar Graap Nat Nat wnilip (mi ann te profit/loss (L) par slura AvMaad (•000) (eaate) H teong Credit Jan 16 )un 90 MJ24.462($18,074) 218(16 4) 10(10) C4C Jan 14 Sep 90 153.947(134.649) 30 8(23 5a) 15(8 5a) fUi Jan 14 Sep 90 $53,080(162,868 30 1(36 5)
      247 words
    • Article
      PRELIMINARY RESULTS
      208 18 Comyaay Date Ymt Croap prt-to* »to» f» firm mi to prcM/tou (L) par tkm 4MM COW) <««*»> Keppei Fm Feb 13 Dec 90 $5,282($5.169) 58(6.3) 5(4) UMW Feb 8 Oec 90 M$198.464($100.841) 52.3(34 6) 15(-) 6 Securities Feb 6 Oec 90 *3,029(52.130) 3.1(2.0) 10(7.5) M Cement Jan 17
      208 words
    • Article
      INTERIM RESULTS
      360 18 fimii-r Date Half-yaar 6ran* pre-tax tatertai mm to praflt/tass (L) mMmi cooo) /USB Feb 11 Dec 90 *310,256(34.005) M Bantu rs Feb 11 Dec 90 M3181.960(3155,358) 5(5 6a) BMT Feb 8 Dec 90 $600($457) 50(-) Khong Guan Ian 31 Oct 90 $139(1451) Inter-Pacific Jan 26 Oct 90 *$63,497
      360 words
    • Article
      CORPORATE DEVELOPMENTS
      992 18 Feb 14 Magnum Corp is proposing to raionalise its gaming operations by consolidating its interest in all eight Empat Nombor Ekor subsidiaries under a wholly-owned subsidiary, Leisure Management. Leisure Management will apply for a listing on the Kuala Lumpur Stock Exchange Pubic Bank is buying a 40% stake
      992 words
    • Article
      DIVIDENDS ANNOUNCED
      257 18 Carrwt Ex Ms 0«t» Tatal far Total tor payawat Mi doit payaMa tt* jMf last yaar Ami Ftn4 USSO 10(b) Mar 18 Mar 28 Apr 8 JSJO 10 51TE Feb 25 Mar 7 May 15 12 5*TE 251TI BMT 50%(l) Feb 20 Mar 4 Mar 6 50% 150%
      257 words
    • Article
      RESULTS DUE
      526 18 •Import StfrtfT Last FaN Yaar hM Mi Twf W FPS w aiaaind nfe« (cwts) *> M|» (TWO) CMB Pack am Intenm Nov 13 Dec 90 297 132 11.616(c) BMT Interim 1*) 10 Jun 91 254 2 150 0 773 tab Fral Feb 16 Dec 90 ***** Rabiaai Interim
      526 words
    • Article
      APPROVED ISSUES
      143 18 Company Rights lssue__ H Lmm Credt Two-tor-fiw MJ2 80 per share Ex-date Feb 21 Books dose Mar 7 Acceptance I Payment NYA Company Bonus Imim H Leant Credt Three4orfwe Ex-date Feb 21 Books dose Mar 7 Onantal Wp One-tor five Ex-date Feb 8 Books dose Feb 25 Company
      143 words
    • Article
      PROPOSED ISSUES
      263 18 Company Rights Issue Mom One-tor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO10 each at Mil per share with 10m detachable TSfi Beta) One tor tour <o. MS2 00 per share FAC8 Capital Reduction Scheme to reduce par value of shares from
      263 words
    • Article
      BONDS, LOANS & WARRANTS
      727 18 BONDS, LOANS WARRANTS Cw)m Cwwniw ywW C—wnlw term «f ww fO—ry toft C*C m Betore 26/4/93 1 -arrant plus $309 cash Cauuway Loan Cauuway Nl 2/10/89 to 20/10/94 1 warrant plus 1077 cash or I warrant plus $0 77 nominal amount of loan stock A Qian ft* Nates Out fto
      727 words
    • Article
      RECORD HIGHS & LOWS
      189 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1491 Me *****1 (18/2/91) 1991 h#t *****3 (18/2/91) 99 taf' 022 52 6 1/91 1991 tar 1149 08 (16/1/91) 1435 43 < 6/7/90 1990 1607 12 (27/3/90) 1990 tar 981.07 09/11/90) 1990 tar. 1079 50 (11/10/90) 919 Mt 1322 00 (28/12/89)
      189 words
    • Article
      COMPANY MEETINGS
      23 18 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 18 Advertisements
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      Page 18 Advertisements Column 1
      88 18 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINISS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
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      Page 18 Advertisements Column 2
      78 18 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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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks up sharply on heaviest turnover in 14 months
      2195 19 Reuter TOKYO STOCKS closed sharply higher yesterday, rising on the back of Friday's overseas market rallies and buoyed by general optimism that the end of the Gulf War is near. Turnover was the heaviest in over 14 months, and brokers said
      Reuter  -  2,195 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Tokyo rally gives shares a strong boost
      2090 19 Reuter HONGKONG'S blue-chip Hang Seng Index yesterday ended sharply higher with a 60.76-point, or 1.78 per cent, gain, rising to 3,473.42 on a rally in Tokyo. But it was off from the early high of 3,488.80 on profit-taking. "Although there was some profit-taking,
      Reuter  -  2,090 words
  • Page 19 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks finish at four-month high
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        357 20 In local currency In S$ In US$ day year S day year day year FEB 15 Index change change change change change change World 393.3 0.5 9.8 0.2 100 0.0 11.8 |EAFE Europe 513.0 04 9.1 00 10.8 -02 12.6 397.0 1.0 89 06 9.3
        357 words
      • Article
        AUSTRALIA
        989 20 THE Australian share market yesterday soared briefly above the 1,400 level for the first time in more than four months as cashed-up investors scrambled to join the sharp rally on world bourses. "Stockmarkets on the Pacific Rim are all very bullish following the huge rise in the Dow Jones,"
        989 words
      • Article
        JAKARTA
        647 20 IN JAKARTA, nickel producer Inco yesterday traded a heavy 748,500 shares with a 50 rupiah rise to 4,600, which helped push the index up 3.13 points to 385.40. "There were no particular rumours. Maybe it's considered a bargain," said one broker. The price had trailed off after it reported
        647 words
      • Article
        BANGKOK
        743 20 THAI stocks yesterday soared across the board on perceived clearer prospects of the Gulf War ending, with about 60 per cent of issues trading at 10 per cent limit highs, brokers said. The SET Index advanced 46.69 points, or six per cent, to close at 821.21 on a heavy
        743 words
      • Article
        MANILA
        523 20 PHILIPPINE share prices mostly rose yesterday in reaction to an upbeat New York market overnight and lower domestic interest rates, brokers said. Hope for an agreement over US military bases staying in the Philippines for seven more years, as Manila has proposed, and a higher compensation package also helped
        523 words
      • Article
        SEOUL
        821 20 SEOUL stocks surged at the opening and kept rising on sentiment that an early end to the Gulf war was looking more likely, brokers said. The index ended the day up 29.18 at 674.09 after gaining more than 23 points in the first 10 minutes of trade. Volume was
        821 words
      • Article
        NEW ZEALAND
        308 20 LEADING New Zealand shares were marked up on Wall Street optimism in thin morning trade, but the rally ran out of steam by the close as prices flattened in the afternoon session. "The market quoted itself up on the back of Wall Street," said James Lock of Forsyth
        308 words
      • Article
        INDICES & TURNOVER
        93 20 INDICES TURNOVER (lose Kb 18 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.399.3 2.199.9 790.9 164 52 1.378 0 2.163 2 7809 83.15 21.3 t 36.7 HOO 81.37 BANGKOK SET Index Turnover (nullum haht) 821.21 6.970 774.52 4.665 46 69 2305 JAKARTA Composite Index
        93 words
  • Page 20 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Nikkei options tote up US$1,300 loss
      927 21  -  THE KANCIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the pro f it/loss position of a $50. (KH) dejxisit. leveraged up to 10 times, for trading in a portfolio of deutschemarks. yen. sterling, Swiss francs. Nikkei Slock Index Futures
      Source: TeleTrac  -  927 words
    • Article
      US$ little changed as dealers await Soviet-Iraqi talks
      511 21 ASIA THE US DOLLAR hardly moved in thin European morning trade yesterday with the main focus on SovietIraqi talks in Moscow, widely seen as the last chance to avert a full-scale land war in the Gulf. Two bombs exploded at central London
      511 words
    • Article
      FINANCIAL FUTURES
      906 21 SIMEX EIMOOOUM Open High Low Sett Est Vol Op/Int Vol Mar 91 93.33 93.34 93.32 93.33 1896 ***** 1334 Jun 91 93 42 93.43 93.41 93.43 2762 ***** 3462 Sep 91 93.27 93.29 93.26 93 28 701 4841 635 Dec 91 92 95 92.97 92.95 92.97 250 4384
      906 words
    • Article
      INTERBANK FOREX RATES
      431 21 Cross rates ls l S$ SS MS Dm Yen I Sir AS N/S USS I 7 HO 2.6930 I 47fvt» 130.34) 0.5076 1.2670 ***** ***** 0.5838 ***** 0.8616 0.7607 0.2963 ***** 0.7404 0 9633 MS 0.3713 63.61 0.54X1 0.4X38 0.18X5 0 4705 0.4709 06I2H Mm 0.6775 1.1606
      431 words
    • Article
      MONEY MARKET
      584 21 Interbank rates s$ Bid Offer Overnight 4 5/8 4 3/4 1-month 4 3/8 4 1/2 2-month 4 7/16 4 9/16 3-month 4 1/2 4 5/8 Overnight mode: 4-7/16 l,S$ Hid Offer 7 days 6 7/16 6 9/16 1 month 6 7/16 6 9/16 2 months 6 5/8 6
      584 words
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  • COMMODITY PRICES
    • Article
      Thai panel offers 4 ways of shoring up rubber prices
      377 22 THAILAND'S task force committcc appointed to shore up rubber prices has defined four ways of solving the problem. The Bangkok Post last week said the first measure is boosting rubber exports. Exporters will be given packing credits so they can
      377 words
    • Article
      Lock icon Australian gold industry facing bleak prospects
      306 22 Reuter AUSTRALIA'S gold rush is over. An industry intoxicated during the 1980s by high prices and booming investment is having to face up to a sober future. "The glimmer is gone. The euphoria of the 1980s about the gold price and gold exploration is
      Reuter  -  306 words
    • Article
      KL tin recovers 25 sen on lower offerings
      860 22 REPORT THE PRICE of tin on the Kuala Lumpur Tin Market closed at M$ 14.88 per kg. up 25 sen from last Wednesday, on lower offerings coupled with the stronger dollar against the ringgit. Dealers said the market turned steady as mines
      860 words
    • Article
      PRICES
      1326 22 Rubber Feb is MS hi Mm) S<xnts/kg Noon Close Int I RSS Prompt I42.7VI43.75N I42.50/I43.5ON Int I RSS Mar 91 144 50/145.00 I44.2VI44.75 Int 1 RSS Apr 147.50/148.00 147.2V147.75 Int 2 RSS OP I42.00/144.00N 142.00/144 00N Int 3 RSS OP 137.00/139.00N I37 00/139.00N Int 4 RSS OP I3300/I35.00N I330CVI35.00N
      1,326 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      858 22 NOTICES In the Matter ot The Companies Act Cap SO And In the Matter ot GOLDWYN INVESTMENTS PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 220 Orchard Road HO6-01 Midpoint Orchard Singapore
      858 words
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      Page 22 Advertisements Column 2
      701 22 THE COMPANIES ACT, CAP.M EUROFIIND ENTERPRISES PTE. LIMITED (la Members' Voluntary Wlndlaft-lp) At an Extraordinary General Meeting of the Company held at 38th Floor, Hopewell Centre, 183 Queen's Road, Central, Hong Kong, on 18th February 1991, the following Special Resolutions were passed: 1. That the Company be wound-up voluntarily pursuant
      701 words
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      Page 22 Advertisements Column 3
      12 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page 1
      12 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1105 23 City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA892 0355 I GA974 2135 GA886 2220 Adelaide SQ228 1910 QF82 2115 QF7 2155 Amman RJ83 0350 Amsterdam 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Attorn SQ24 2215 Auckland NZ35 1625
    1,105 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A coconut tree climber's paradise
      697 23  -  POSTCARD FROM RAROTONGA By Dean Goodman THE self-styled "Coconut King of the Cook Islands" delights tourists by scampering up tall trees in apparent world record time and coaxing fire from wet wood. Piri Puruto 111 is the not-so-secret weapon of the tourist industry in this
      697 words
    • Article
      MONEY CHANGER RATES
      147 23 As at 3pm yesterday. I.flcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3440 1.3640 Canadian dollar 1.4700 1.4900 NZ dollar 1.025 1.0550 Sterling pound 3.360 3.390 US dollar 1.7100 1.7250 Local dollars to 100 units of foreign currency Austrian schilling 16.30 17.30
      147 words
    • Article
      WORLD TRADE EXHIBITIONS
      85 23 Duration Title Venue Organiser Td Feb 19-21 Air Traffic 1 loll and Expoconsult (0707)*****5 Control 91 (UK) Ltd Feb 27Photo. Cine and Zurich. Zuspa *****5055 March 4 Video Exhibition Switzerland in Zurich Feb 28International Stuttgart. Stuttgarler Messe *****2589-0 March 3 Trade Fair for Germany Und Kongress Blinds
      85 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      208 23 he'd had with Penny —LmT—lhT that was the end of it! 12 Peerless example of an ap- —111 lH 13 Divorce town in Southern I 1 Europe (5) dergoing Hi 24 One with a brown cap in an American city?(9) employee (9) 27 Auctions drink on board j 28 Being
      208 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      211 23 Outlook: Showers over several areas in the late afternoon and early evenin* Forecast: Maximum temperature 32.6 Assoc humidity 60% Minimum temperature 24.0* C Assoc humidity 97% Hours of sunshine 6.30 Rainfall in mm Trace Rainfall this month 22.3 Rainy days this month 6 World forecast Asia-Pacific Hi/I-o* Cond. Auckland 25/19
      211 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      52 23 iiBfciETOSBVfcWI uz couwiMey-u)>Troe.v mmH' i s&f ove<? vour 1 PvN D Pvße, SBEXiriG TeraPORRRy I >u o /riuDTs TemPs certfmnly, UJHV NOT K>CPY,&H? v Your seßvicc ..-V cpvu-»nj p»nd seje. us 9hp>u_ S Vjfil TO moftROUJ moRN in G pg Q SHARP P J X I Q (VtNINO IT*NM«O CO
      52 words
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  • Article
    Lock icon Gorbachev offers new peace plan to Iraqi minister
    592 24 THE AULE Soviets expect rapid response from Saddam Agencies THE Soviet President, Mr Mikhail Gorbachev, presented a new peace proposal to Iraq's Foreign Minister yesterday, seeking a political solution to the Gulf War, even as the international community waited for the first
    Agencies  -  592 words
  • Article, Illustration
    Lock icon Find ways to tap rubber trees more efficiently: Dr M
    449 24 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said in Kuala Lumpur last night that his vision of the future was not for Malaysia to move out of rubber, tin and palm oil and create little urban centres in
    Bernama  -  449 words
  • Article, Illustration
    Making companies more accountable
    750 24  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT journalist SMALL shareholders of Dutch multinational N V Philips arc up in arms against senior management over its failure to warn shareholders of the company's deteriorating performance. Last May. one month after
    750 words
  • Article
    S'pore investment in Indonesia jumps to US$1.07b
    237 24 SINGAPORE'S investment in Indonesia has quadrupled over the last four years and is poised to grow faster under the Growth Triangle concept which links Johor. Singapore and Batam. says the Republic's ambassador to Indonesia. Barry Desker. Mr Desker told a business luncheon in
    237 words
  • Article
    Lock icon One killed, 35 hurt in London blast
    137 24 Agencies ONE MAN was killed and 35 people were injured yesterday when a bomb exploded at London's Victoria railway station during the morning rush hour. A bomb had exploded at another central station, Paddingtoa, about three hours earlier. The authorities closed all main
    Agencies  -  137 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      911 24 JIL Baume Mercier GENEVE 1830 Im NANYANG TECHNOLOGICAL UNIVERSITY Styl (Tobeestabishedonl July 1991) k' DVANCED TOPICS ON THE PERFORMANCE OF ENGINEERING MATERIALS "9| This course offers a comprehensive depth in the area of mechanical evaluation and testing oI materials. It would appeal to researchers, engineers and |W graduate students working
      911 words
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      Page 24 Advertisements Column 2
      16 24 Israelis accuse Japan of imposing economic blockade, Pg 7 Fight Saddam: start flying again, Pg 8
      16 words
    • Advertisement
      Page 24 Advertisements Column 3
      32 24 JIL Baume Mercier GENEVE 1830 :m m I s:£: ims:.:•: m&mM mM&mMMtm For Sound Investment Decisions INVESTAMATIC Fundamental Analysis-Technical Analysis-Quantitative Analysis i* £;'v ffig SINGAPORE 225-1595 MAI-AYSIA (03) 261-5331 HONG KONG 877-2284
      32 words
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  • Shipping Times
    • Article
      Anera members report drop in cargo liftings
      403 25  -  By Selva Kumar CARGO LIFTINGS from Singapore by members of the Asia-North America Eastbound Rate Agreement (Anera) dropped by 15 per cent last year. Industry sources say that while the slowdown in the US economy may be one reason for the poorer showing,
      403 words
    • Article
      Lock icon Tanker freight rates to US likely to rise
      438 25 Reuter HIGHER protection and indemnity (P&I) insurance costs for trading to the US could mean increases in tanker freight rates to that country over the next few months, shipping industry sources say. The sharp rise in the cost of P&I cover the
      Reuter  -  438 words
    • Article
      Lock icon Japanese aerospace industry seeks more independence
      286 25 AFP THE opening of an aeronautics fair in Japan underscores the determination of Japanese aircraft firms to get their foot in the door of the aircraft industry. It also marks their desire to gain greater independence in the field from the United States, according
      AFP  -  286 words
    • Article
      Lock icon United denied landing slots
      130 25 NYT TAKING a stand against airport dominance by a carrier, the US Justice Department has said that it would attempt to block the purchase of Eastern Airlines' takeoff and landing slots at Washington National Airport by United Airlines. United currently has the majority of slots at
      NYT  -  130 words
    • Article
      Lock icon Global airline group calls for tighter security
      249 25 Reuter THE International Air Transport Association has called on world governments to take action to restore travellers' confidence, particularly about security. "We urge the authorities to do all in their power to maintain the highest possible levels of security," the global airline group
      Reuter  -  249 words
    • Article
      Lock icon More US airlines rush to offer cheap fares
      392 25 AP US AIRLINES are scrambling to offer another round of cheap fares, after Pan American World Airways started a new sale and some competitors quickly jumped in to match it. The deals on domestic and foreign travel can save travellers more than
      AP  -  392 words
    • Article, Illustration
      Lock icon PSA expects container traffic to grow 20pc
      305 25 Reuter SINGAPORE, which outranked Hongkong to become the world's biggest container port last year, has set a target to handle more than six million twenty-foot equivalent units (TEUs) this year, a spokeswoman for the Port of Singapore Authority (PSA) said. "Although the Gulf
      Reuter  -  305 words
    • NEWS SUMMARY
      • Article
        Gloomy skies for US airlines
        30 25 STORMY conditions in the US airline industry are sorting out winners from losers. For America's airlines, the friendly skies are a distant memory Page 2
        30 words
      • Article
        Germany not giving Airbus subsidy
        28 25 THE European Commission last Friday rejected a US argument that Germany is giving European airline maker Airbus Industrie an export subsidy Back Page
        28 words
      • Article
        NedHoyd to sell airfreight units
        65 25 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 of non-core activities, and go some
        65 words
      • Article
        US revises rule on plane takeoffs
        43 25 IN AN ATTEMPT to prevent runway collisions like the recent one in Los Angeles that killed 34 people, the US Federal Aviation Administration has issued a rule limiting takeoffs from the middle of long runways Back Pace
        43 words
    • LOG BOOK
      • Article
        Marubeni, Kamigumi to operate Thai berth
        106 26 JAPANESE trading giant Marubeni Corp and Kamigumi have won a 12-year contract to operate a container berth at Ramchaban port in southern Thailand. Marubeni and Kamigumi Co, Japan's second largest port-harbour transport firm, won the Thai government contract to operate the berth capable of
        106 words
      • Article
        Indonesian crew still missing
        101 26 JAPANESE patrol boats and aircraft have found no sign of 19 Indonesians missing after their 4,756-ton cargo ship apparently sank off central Japan, the Japanese Maritime Safety Agency reported. An official of the MSA, Japan's Coast Guard, said five patrols boats and four aircraft, including two
        101 words
      • Article
        Karachi workers stage strike
        69 26 THOUSANDS of port workers in Karachi staged a one-day strike on Sunday to protest plans by the government of Prime Minister Nawaz Sharif to privatise most state-run industries. "The strike is the first step to force the government to reverse its disinvestment policy," said Habibuddin Junedi,
        69 words
      • Article
        Rare seals threatened by slick
        83 26 CONSERVATION experts and volunteers in Australia were mobilised yesterday to save a colony of rare fur seals threatened by an oil slick from a doomed Panamanian-reg-istered bulk carrier off Australia's southwest coast. The Sanko Havest ran aground last week while transporting 30,000 tonnes of superphosphate
        83 words
      • Article
        ABC rejects bias claims
        71 26 AN INTERNAL investigation by the Australian Broadcasting Corporation (ABC) has rejected allegations of bias in its Gulf War coverage. According to a report released by the corporation, its coverage was "of a high standard and, in most cases, a very high standard." The investigation, initiated by
        71 words
      • Article
        Cargo plane crashes at airport
        52 26 WITNESSES said they saw an explosion shortly before a cargo jet carrying mail crashed, killing the two crewmen aboard. The DC-9 flipped upside-down onto the snow-cov-ered main runway at Cleveland Hopkins International Airport early Sunday, demolishing the cockpit containing Captain David Reay and First Officer
        52 words
    • Article, Illustration
      Lock icon Gloomy skies for US airlines
      1227 26  -  Stormy conditions in the US airline industry are sorting out winners from losers. Steve Lohr takes a look at the critical issues that will shape the future of the industry Steve Lohr NYT FOR America's airlines, the friendly skies are a distant memory. Since Iraq
      NYT  -  1,227 words
    • Article
      TRANSPORT DIARY
      972 26 March 5-7: Shipping 2000 Towards Improved Shipping Operations Over the Next Decade, organised by Institut Kelautan Malaysia (IKMAL), Hilton Hotel, Kuala Lumpur. March 12-17: Aviation/Airport Support '91, Manila, Philippines. March 26-28: SingaPort '91 International Conference for the Maritime Industry, organised by Times Conferences, World Trade Centre. For further
      972 words
    • Article
      THE SHIPPING GUIDE
      11571 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
      11,571 words
    • Article
      SHIPPING AGENTS
      3289 39 Conttinerline NV: Belsin Shpg Agencies Pie Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Lid (SV Accord Contr Line (PK/PN) Adkris Business Corporation Philippine: Calsource Shpg «i Trdg Pie Ltd (S) Xhrenkiel liner Service: Kim Shpg Trdg (S) Albatros Sea-Air Service: Krata Shpg Pte Ltd
      3,289 words
    • Article
      COURIER SERVICES
      251 39 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express 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-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      251 words
    • Article
      AIR FORWARDERS
      1470 39 Abe* Express Freight Tel: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Activmir Singipore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerosoeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,470 words
    • Article
      PORT CONDITIONS
      2808 40 ARGENTINA San Lorenzo: 1 by-products. 1 chemicals, I discharging chemicals; 3 vessels in roads awaiting orders to load by-products. Rosario: Two vessels in port loading by-products; 2 vessels berthed in ballast awaiting orders Villa Constitution: Two vessels operating of which I loading grain, I discharging iron ore; 1
      2,808 words
    • Article
      AIR FREIGHT SCHEDULE
      459 40 ARRIVALS f DEPARTURES Op Flight Type ETA I From Op Flight 1 yp< E I'D T To TODAY TODAY JAL JL6I7 B747F 0200 I NRT SI A SQ802 B747F 0230 2 SY3/AKL KAL KE697 B747F 0220 I SEL KAL KF.697 B747F 0450 I BKK NCA KZ.205 B747F
      459 words
    • Article
      SHIP SALES & TANKER RATES
      455 40 SHIP SALES TANKER RATES VESSELS SOLO FOR FURTHER TRADING Tankers FIVE tankers are rumoured to have been sold to unnamed interests for US$39 million to US$4O million en-bloc. They are the Apsheron, Makhachkala, Maykop, Gudermes and Groznyy, each of around 32,039 dwt and built between 1975 and 1977. Libertatea: 163,647
      455 words
    • Article
      CRUISE & FERRY SCHEDULES
      344 40 CRUISE FERRY SCHEDULES CRUISE SHIPS Aft Dep Name of Vessel ETA FTP Potts of Calls Port Agent FEBRUARY 18 21 Andaman Princess (WOO 1700 Cniise-To-Nowhere Lines lnt Holding 20 20 Cora Princess 1000 1800 Sin-Jakarta Sembawang Johnson 20 20 Vignesswara 1000 2000 Cruise-To-Nowhere Grcenseas Shipping 21 21 Vignesswara 1700 2100
      344 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        464 41 Vraai My No Barlh Nmal Dapartw* Kappal Whi Andaman Pees rvas 02/91 (P) H36 alongside 21 02/1700 Beriu 91/1 K32 alongside 23 02/0600 Lampung ***** K30 alongside 18 02/1800 S« Of Flower *****2 (P K29 alongside 1802/2030 Trans Star 030A C09 alongside 1802/1830 Un No 8 4/91
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      • Article
        CONTAINER SCHEDULE
        1308 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booknt/Balance Wh Sty Voy No Etb/Btr Period From To From Oh it. Tfi/isofl 1 18/1500 18/1659 18/1900 35A 20/1500 18/1700 19/0659 19/0900 4 19/1200 19/1459 19/1700 P (sqic. 21/1600 1 18/1500 18/1659 18/1900 An Adelaide ***** Z1/1WO i 1
        1,308 words
      • Article
        IN MALAYSIAN PORTS
        335 41 Port Klang Berth at South Port on Feb IS: 1: Aditya Vaibhav; 2: Clipper Venture L; 3: ml; 4 Kris Merubi; 5: nil; 6: nil; 7: ml; 7A nil; J.SheH: ml. KCT: 8; nil; 9; nil; 10; Bunga Seroja. North Port 11; ml; 12; Yu Qing, 13
        335 words
      • Article
        DAILY FREIGHTS
        1069 41 THE dry cargo freight market attracted fur- I ther Soviet Union fixings in active grain and t time-charter business at firm levels last Fri- r day, brokers said. t The Soviets arranged at least three vessels q on time-charter for trans-Atlantic round voy- ages with redelivery Skaw-Cape Passero
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    • Article
      Lock icon Germany not giving Airbus subsidy: EC
      393 42 Reuter THE European Commission last Friday rejected a US argument that Germany is giving European airline maker Airbus Industrie an export subsidy. An EC official spelled out the Community's long-held view that a German partial exchange rate guarantee scheme for MBB, the German member
      Reuter  -  393 words
    • Article
      Lock icon US revises rule on plane takeoffs
      328 42 NYT IN AN ATTEMPT to prevent runway collisions like the recent one in Los Angeles that killed 34 people, the US Federal Aviation Administration has issued a rule limiting takeoffs from the middle of long runways. In the Los Angeles accident a few weeks
      NYT  -  328 words
    • Article
      Lock icon Nedlloyd to sell airfreight units
      199 42 Lloyd's List NEDLLOYD is to sell its airfreight subsidiaries, Union Air Transport (UAT) and Gertach 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 of noncore activities, and
      Lloyd's List  -  199 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      125 25 SSWEE HENG METAL CO PIE LTD 13. rUASAVE 14. SINGAPORE 22U TELE* R9 20*7« 9HMCPI TEL: 86) 3*59 |Skw| TELfFAX:MI 2*U hi Mi«Mrroi iMunw. KALAtau llComnrtor I HAM-AMD, MOMMA >otaMi*LPO mwrfM iRtMteM Hydropic ivniww 'CcnUfW 9MI «lT»r«!l£ a bTPJ WarahouM TiuA* OMMI Cansno i>n MM Truck* BRITISH OESK3N MMOVATtOM OERMAM
      125 words
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      Page 25 Advertisements Column 2
      56 25 Air Forwarders 15 to Fraght Schedule 16 Container Schedifc 17 CounerSenws 15 Cruse A Ferry Scheddes 16 Oarfy Frefhb 17 t- liniti, 1 mOO 10 ACVBTuSefJ 0 r\—t f rOn UXXKDOni 10 Shppm Agents 15 Shppni Gude 10.11 Shpntes/Twher Rites 16 Stys in Port 17 Saippore Tides 17 Transport Gary
      56 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      102 26 FOR WHO, WHAT, WHERE AHD WHEH IH THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2162 27 I, *mmm JAHDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint, Singapore 0208 \illVr telex no rs ***** ■VffmAVl TERMINAL,CFS Tel *****18 220 IfFflAMrl bookings th *****34 258 L VQQQf 4 'ESAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: 3654U8 TELEX NO MA*****/MAJ97OI jBMH PENANG TEL *****4 TELEX NO
      2,162 words
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      Page 27 Advertisements Column 2
      953 27 INDEX TOffIWRTISERS Page Col Page Col I*U I M I ABC Containerlinc 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 3 •Maersk Line 3 4/5 APL 5 3-5 «MISC 14 1-3 APC Line 13 4 M'sia Shpg Corp 9 1/2 Arrow Lines
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      Page 27 Advertisements Column 3
      2105 27 mammmim NEXT SAILING TO U.S.A. UNDOE MAERSK V.9104 ETA 19/2/91 VotMl Voy ETA I ETO 'Port 'Penang DESTINATIONS Singapore Kelang mi* Maih.kM 9i04 FH«. by fEQjr 232 mj oaoo has m Farco a PWWWWBWBBBBBMMHBWWHWBB CfS DM HAS M Tauro OAK LGB MOO MEM ATI MIA CMS BAL PHL NYC MON
      2,105 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1270 28 ~0~ r ROTTEDAM/ VOV NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ■BBSS KOWLOON BAY 99/519 21/2 12/3 16/3 11/3 11/3 THAMES 04/521 24/2 13/3 16/3 18/3 19/3 1 OSAKA BAY 98/522 28/2 19/3 23/3 18/3 L Ml MSTKMJNO P. CITY OF EDINBURGH 94/524 3/3 21/3 25/3 22/3 Sufi 0
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      Page 28 Advertisements Column 2
      540 28 |L WE WISH ALL N our J; t CUSTOMERS j] A HAPPY t PROSPEROUS N 1 LUNAR NEW YEAR A E V Agents: fef Sf BMsMkml SINGAPORE: *****56 PfeSAKA JARDINE M SIA ?22?S2 G^S^?) A PORT KELANG: 03-368-4118 JOHORE: 07-*****2 J TO PAPUA NEW GUINEA I SPOREI H MAN TALANG
      540 words
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      Page 28 Advertisements Column 3
      1386 28 aawmREGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE /SL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) MORASIA PRINCESS 9051 3 26/02 17/03 18/03 22/03 23/03 24/03 25/03 26/03 27/03 lAPAN SEA 052W 07/03 29/03 30/03 03/03 04/04 05/04 06/04 07/04 01/04 NORASIA
      1,386 words
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      Page 29 Advertisements Column 1
      1952 29 Sjg.Steamers Maritime Holdings Ltd P&Q IT STRAITS SHIPPING Containers Vo> No PKlanj Spore Ston H bmj Bl>a»«n R<lam Leti KOWLOON BAY 99/519 <• TOL 16X12 7202 2103 13,03 IMB 1703 1403 ACCEPTS OUE SAILS THAMES 01VI -Cir 19.T0 7302 1203 1103 IMB CARGO OSAKA BAY »522 > B SER 24,02
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      Page 29 Advertisements Column 2
      1511 29 TO- USA/PANAMA FU II fi A /PANAMA sp oak ica cm fob sav no* ntc ~w ica 0M v NEW TO** SINATO* ir W7 I*2 IM I*l Nil 1,4 4,4 «>m jl i 7S\ »1 2*l 7/2 *2 HI AM*ICAN SfNATO* IF IM 11 14 14 114 »4 11,4 «4
      1,511 words
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      Page 29 Advertisements Column 3
      371 29 4 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION TANJUNC COSMIC TRAOER EMAS CHALLENGER VOV NO IS 14 S S pore IN PT 25/2 1/3 P Kelang 17/2 S/3 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Hochiminh NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN
      371 words
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      Page 30 Advertisements Column 1
      715 30 isna CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY S POftE 1 ROAM AOAM H BURG BREMEN ANTWERP TRIAS UNITYOKWB «/3 9/4 1W 19(4 22/4 SRIWIJAYA3IWB 129/3 1/5 7/S U/5 15/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|*cl lo Inducement. Also accepting cargo to CaMblanca, Port Said. Port Alexandria.
      715 words
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      Page 30 Advertisements Column 2
      707 30 If J4 HANJIN SHIPPING I FEEDER VSL SIN LINE HAUL LAX OAK HANJIN ROTTERDAM 012E 19/2 V VANCOUVER 004 C 11/114/] CHOYANC VICTORY 002E 2S/2 H POHANG 102E 24(1 22/1 HANJIN SEATTLE OWE 4/3 H TONCHAE 081E 14 44 y. re A. 0..e. M at NB T/S A! PUSAN (eicepl
      707 words
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      Page 30 Advertisements Column 3
      124 30 fK* POL (M) SDN BHD 35. Isl Nr.. Jalan Cungah. Port Kelang L l T«l: *****9*. 3M9570 W Malavsla/S'pora lo E. Malaysia Sarvlca 1 Wl, K s'por. M s* T«w L Ojtu Pic if k Smudra »M 1 i -1H Till UM J lt-11/1 H»J ciwung Hmg vni nan i-ki
      124 words
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      Page 30 Advertisements Column 4
      1283 30 JBPTEIJJ d I rl "T3~=P"^fc rPKL SCP HKC KSC KIC PUS HKT OS* NCY SM7 TYO LAX CHS SAL NYC LHV AN* ROM THf HBC PSD CM PKL SGP I I LOADING Rl 064 22/2 27/2 »2 2/2 3,2 4/3 *3 14/3 2t/3 30(3 31/3 M 10,4 11/4 1»4 W
      1,283 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1250 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 am AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48^. TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L (03) *****33, P Kelang-(03) *****87,
      1,250 words
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      Page 31 Advertisements Column 2
      498 31 I ANTWERP 24/2 I KAOHSIUNG 24/2 COLOMBO 25/iT~| BREMEN 24/2 KEELUNG 24/2 BOMBAY 23/2 HAMBURG 24/2 unNP KnMr KARACHI 28/2 LEHAVE/LONDON 24/2 HONGKONG 25/2 gg FELIXSTOWE 24/2 MANILA 22/2 CHITTAGONG 252 GENOA 24/2 BUSAN 25/2 CALCUTTA 22/2 MARSEILLES 24/2 BANGKOK 28/2 I ROT DAM m 1 JAKARTA Z PORT KELANG
      498 words
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      Page 31 Advertisements Column 3
      1024 31 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VOTACt ISTOOt IMAWIU H«OM~ VOYAGE SPOtE PKLANC H>U»6 BHAWN TILUIIIY TSoTT
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      Page 32 Advertisements Column 1
      1415 32 I K line KAWASAKI KISEN KAISHA. LTD. f EXPORT N. AMERICA PACIFIC SOUTH-WEST J fIuPOHT N. AMERICA fACIFIC SOUTH-WKT r ffns.r.va. rtr, sr r, sf 7// ">- l r sr s s, rr s? ssß'ri-, r isTI SSiT *8 ESS ss"is. T: s-Kt sr, js ss sara-. s 2; t;
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      1189 32 PHM OMNT UN€S PT€ LTD V '08 ROBINSON ROAD 107 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 ijjf BY AIR, LAND OR SEA... SJfajjgF WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 24 FEB MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN
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      Page 33 Advertisements Column 1
      1476 33 ■asaXlff PACIFIC INTERNATIONAL LINES (PTE) LTD g iWmn. J BHI PIL Buitding, 140 Cecil Street *03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIM M""NG Z fs/2 2212 2*2 EDEN 9107 19/2 21(2 26/2 24y2 7/2 SK" SIS 22 28/2 L¥£Vv ROGRESS b 24/2 26/2
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      Page 33 Advertisements Column 2
      1253 33 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fa*- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON] HAMBURG BHAVEN ROAM LHAVRE Kowloon Bay' 99/519 22/2 13/3 17/3 12/3 VIA RO Thames 04/521 23/2 12/3 15/3 18/3 19/3 Osaka
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      Page 33 Advertisements Column 3
      335 33 M MYANMA H FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg PAGAN VI67W 20/23 Feb PATHEIN VIO9W In Pt sw LOIKAW View 23/24 Feb HPA-AN VI6OW 26/28 Feb IaiTHI BANK UNt (A *ervic« of Andrew Weir Shipping) XT SEMI-CONTAINER SERVICE HEAVY LIFT
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      Page 36 Advertisements Column 1
      617 36 'jnSR-IItIFSS\ WE WISH ALL OUR VALUED CLIENTS A HAPPY LUNAR NEW YEAR WE ARE NOW SITUATED AT OUR NEW ADDRESS 51 ANSON ROAD #13-53 ANSON CENTRE SINGAPORE 0207 TEL: *****66 FAX *****68 *****08 jmEVERSTAR SHIPPING CO (PTE) LTD 2 MtSTRI ROAD #01-01 HMC BUILDING S PORE 0207 TLX: ***** FAX:
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      Page 36 Advertisements Column 2
      1074 36 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 24/2 ft 2/3 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE ANO ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 22/02 1/03 MANILA 23/02 4 2/03 PENANG 22/02 1/03 BUSAN 22/02 1/03 BANGKOK 21'02 25/02 TOKYO 21/02 28/02 HONG KONG 22/02 29/02
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      Page 36 Advertisements Column 3
      308 36 JE CONTAINER LINE] TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST 7AKARTA 73/2 4 2/3 TOKYO 71/2 A 24,2 PORT KELANG 22;2 A 1/3 KOBE 24/2 4 3/3 PENANC 22/2 t 1/3 NAGOYA 24/7 4 3/3 MANILA 23/2 4 28/3 YOKOHAMA 24/2 4 3/3 BUSAN 2112 4 75/7
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      Page 36 Advertisements Column 4
      1222 36 SP CHINA OCEAN SHIPPING COMPANY mstri .0.0 eunoiNC FULL CONTAINER LINER SERVICE OSHIP #15 00. SINGAPORE 0207 r.ABI ECOSTARLINE CR NO: **********0 M CABLE COSIAKLint General Agents: OMTAR SHIPPING rik LTD TO EUROPE FKOM EUROPE VISStL VOY SCP HOT HAM fIK AWT OKK VtSSIL/VOY ILX WOT HAH AWT o** SCP
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      Page 37 Advertisements Column 1
      821 37 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI IJestns 25/2, 4/3 I I EUROPE all Ports 23/2, 2/3 BANGKOK 23/2, 28/2 HONGKONG/CHINA 22/2, 29/3 SYD, MEL, ADEL, BRIS 21/2, 28/2 FREMANTLE 21/2, 27/2 MANILA 21/2, 29/2 PKLG/PENANG 24/2, 3/3 Port Kolang Branch Tol: *****21/2/3 Fax:
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      Page 37 Advertisements Column 2
      281 37 RICHFIELD MARINE AGENCIES (S) PTE LTD 3k TEL: *****33 (12 Linos) rr> FAX: *****15/*****03 P3 TELEX: RS ***** RIBHIP (3 Linos) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOR SPORE NETSANET 7i*B 30/03 DABESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA ANDINET 23W8
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      Page 37 Advertisements Column 3
      805 37 T. MASKAPAI PELAYARAN V»PULAU LAUT FULLY CONTAINERISED REGIONAL FEEOCR SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ""VOY SIN JKT PAJ SIN
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      Page 37 Advertisements Column 4
      788 37 SYDNEY/MELBOURNE BANGKOK VESSEL VOY SPORE SYO MEL VESSEL |vOY SINGAPORE BANGKOK PLANETA 0246 2401/3 1315/3 1711/3 NANTA BHUM 29N Thu 21/2 Sun 24/2 PITA BHUM 0302 15-16/3 21 30/3 01 03/4 mahA BHUM* 47N Sat 23/2 Tue 26/2 PLANETA 0447 30 31/3 12-14/4 1611/4 WANA BHUM# 03N Hon 25/2 Thu
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      Page 38 Advertisements Column 1
      1256 38 mac-nels singapore|[ EXPORT TEI: *****22 mPMT TIL *****iT]| PENANG TEL (04) 634W6 KK TEL (088) *****0, TAWAU TEL (089) *****9 ,>. 1 P KELANG TEL (03) *****// KUCHING TEL (082) *****3! SKAN TEL (089) *****2 l-l\-/\ J j BAHHU TEL (0/) *****2 SIBU TEL (084) *****2' LABUAN TEL (08/) 414b99
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      Page 38 Advertisements Column 2
      385 38 ffXfc BLUE STAR LINE SINGAPORE TO 1) NEW ZEALAND AND T/S FIJI Fl'liliY CONTAINKRISKIJ MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOK AUCKLAND. NAPIER, WELLINGTON. BLUFI-, CHRISTCHURCH, DUNEDIN, LYTTEI.TON, INVERCARGIL, FIJI AND TAHITI sin n. Alien irr MAHSURI OH2 21 Feb 07 Mar Via NPL 10
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      Page 38 Advertisements Column 3
      1074 38 /m 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 m leta Inn |w eta I kit KIM SOON LI 6/91E 21 FEB
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      430 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 0900 ******************************00 *****M***** 2000 2100 2200 2310 JR 22 2.7 28 26 23 1 7 12 08 06 06 08 14 2.1 2 7 28 28 24 18 12 08 0.6 06 OJ
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      393 42 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. samudra agung KUALA SIAK IV 19/2 BATU AMPAR/SEKUPANG/BATAM SAMUOERA 102 25/2 DUMAI/PEKAN BARU ABADI JAYA 22/2 DUMAWPEKAN BARU KUALA SIAK V 28/2 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS Also accepting
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      Page 42 Advertisements Column 2
      656 42 MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HUG IBM OAK SEA CHI FROM PSW VOT IBM OAK SEA HUG SIN LALANDIA Si W2M 1W 21/3 24/3 23/3 HYUNOAI PIONEEA 37W 17/1 I*l 22/1 7/2 W CGM PASCAL 02E 2/3 7/3 25/3 21/3 31/3
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      Page 42 Advertisements Column 3
      788 42 CHARTPOINT Every Saturday in Business Times NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers/Receivers Middle East Emergency Surcharge (MEES) The Conference has continued to monitor the additional costs arising from the situation in the Middle East and, by reference to the recent pattern of
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