The Business Times, 22 February 1991

Microfilm: NL17400
Total Pages: 42
1 42 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Friday February 22 1991 75*
    10 words
  • NEWS SUMMARY
    • Article
      Saddam dashes hopes of peace
      92 1 DASHING HOPES of a peaceful solution to the Gulf War, Iraqi President Saddam Hussein said in a speech to the nation yesterday that the country's armed forces were "determined to continue the struggle." "Iraq has chosen the path of faith and pride, and there is
      92 words
    • Article
      ANC changes stand on nationalisation
      35 1 THE African National Congress, in a stark shift in economic thinking, said yesterday that nationalisation ot key South African industries posed big risks, including a flight of investors and skills.
      35 words
    • Article
      Quota premiums down
      23 1 CAR QUOTA premiums for March plunged because of uncertainties caused by the Gulf war and cautious consumer attitudes Page 2
      23 words
    • Article
      Hainan to open office
      24 1 HAINAN island, the largest special economic zone in China, will open a trade office in Singapore this year Page 2
      24 words
    • Article
      Improvement seen
      29 1 THE AMERICAN Trade Representative has been urged to remove Malaysia from its "watch list" because of the country's "significant improvement in copyright protection and enforcement" Page 6
      29 words
    • Article
      Indon stays the course
      27 1 INDONESIA will continue to reduce its reliance on foreign aid in its development projects by boosting domestic revenues from non-oil sectors. Page 6
      27 words
    • Article
      All eyes on Taipei
      17 1 BUSINESSES in Taiwan are highly sought after by foreign investors worldwide. Page 7
      17 words
    • Article
      Bleak year for grads
      30 1 THE EMPLOYMENT outlook for many graduates in Britain this year is bleak and it's not just because of the recession and the Gulf crisis Page 8
      30 words
    • Article
      Box ship for RCL fleet
      35 1 FEEDER operator Regional Container Lines has boosted its fleet further with a US$2.B million purchase of a 16-year-old container ship for its South-east Asian service. Shipping l imes Page I
      35 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      31 1 SHARE PRICES edged up at the opening bell on Wall Street yesterday, with the Dow Jones index gaining 2.47 points to 2,901.48 in the first five minutes of trading.
      31 words
    • Article
      Footsie higher
      36 1 ACTIVITY on the futures market and hopes that the Gulf war will be resolved shortly boosted London share prices yesterday. At 1220 GMT, the Footsie index had gained 21 points to stand at 2,317.8.
      36 words
    • Article
      Singmarine soars
      25 1 SINGMARINE Industries achieved a 50 per cent jump in profit after tax and minorities for the year ended Dec 31, 1990 Page 3
      25 words
    • Article
      KL brokers fined
      30 1 THE Kuala Lumpur Stock Exchange has fined 26 stockbroking houses for failing to meet its minimum paid-up capital requirement by the Dec 31, 1990, deadline Page 3
      30 words
    • Article
      Idris should clear air
      19 1 IDRIS Hydraulic (Malaysia) should put all speculation interests to rest without further delav Page 3
      19 words
    • Article
      Fed waits and watches
      25 1 THE US Federal Reserve is warily waiting to judge the impact of previous credit easings and the Gulf war. Page 5
      25 words
    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 673.48 -7.25 Kuala Lumpur ....554.42 -7.84 Hongkong 3,477.61 -14.55 Tokyo 26,024.37 -174.42 Sydney 1,366.1 -6.6 Wednesday Change New York 2,899.01 -33.17 London 2.296.8 -15.6
      29 words
    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI.7210 100 Yen SSI 3068 MS SS0.6374 Money market rates Overnight 4-7/8 3/8 3-month 4-9/16 4-1/16
      20 words
    • Article
      COMMODITIES
      39 1 London Gold AM fix US$361.50 -USS2.25 Rubber S'pore Mar l44.00'/kg -0.25 M'sia Mar.... 227.50«/kg -0.50 KL Tin Turnover 33 tonnes f 1 Spot MS 15 09/kg -0.01 Crude palm oil Turnover 1,281 lots +281 Mar MS847 /tonne 4
      39 words
  • Article, Illustration
    MAS drops cut-price S'pore-London fare package
    352 1  -  By Chitra Rajaram MALAYSIA Airlines, which BT yesterday reported had broken ranks with other airlines by offering a $350 discou nt for the Singapore-London route, is now asking travel agents to increase the fare back to the original $1,850. Sources said MAS officials told
    352 words
  • Article
    Disquiet over proposed changes to textile quotas
    616 1  -  TDB planning to increase auction quotas and levies By John Tan A PROPOSAL, by the Trade Development Board to change the textile export quota allocation system has ruffled the feathers of many garment makers who are bracing themselves for a bleak year ahead.
    616 words
  • Article
    Yangtzekiang in last leg of move to Malaysia
    331 1 YANGTZEKIANG Garment Manufacturing (YGM) has virtually completed the gradual transfer of its manufacturing operations to Malaysia. But its office continues to act as the region's corporate office, running retail, wholesale and distribution businesses which are worth in excess of $40 million a
    331 words
  • Article
    President to set out long-term plans
    276 1 PRESIDENT Wee Kim Wee will set out the government's long-term plans for Singapore's development when he opens the third session of the current Parliament tonight. His opening address, which will be telecast live, will outline the plans mapped out by Prime Minister Goh Chok
    276 words
  • Article, Illustration
    In Executive Lifestyle tomorrow
    156 1 BUBBLES is his name, being a rajah is his game. EL delves into the world of the maharajahs, and discovers how India's erstwhile kings and princes have been reduced to a breed some refer to as the last of the country's rich unemployed. The I ast
    156 words
  • Article
    Lock icon Saddam unlikely to accept Soviet peace plan in full: Iran
    405 1 THE PPIil Agencies THE WAR vigil tickcd yesterday towards the start of the allied ground offensive in the Arabian desert as diplomatic efforts to end the Gulf War peacefully looked more precarious. With Iraqi Foreign Minister Tareq Aziz heading back
    Agencies  -  405 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      287 1 Available at #01 -16 Scotts Shopping (Yntre I'd: 737 3708/235 8543 #02-06 VVisma Atria IVI: 235 *>048/733 8204 zZ'j^M /^■Nr [(Hi I* -J J nucnißiß Aircraft Schedule 23 Money Changer Rates 23 Weather Commodities 22 Money Market 2! World News Co News 4 Regional News 6 For market indices, editorial,
      287 words
    • Advertisement
      Page 1 Advertisements Column 2
      89 1 dPHfiKi)© j§L Quadruple Zoom Auto Two-Color- M,NO,IA Row brewing over deals for rebuilding Kuwait, Pg 7 Merchant ships plying the Gulf despite hostilities, Shipping Times Pg 1 Bleak year ahead for garments industry, Back Pg M iri p r H-V i 4 1 Q, ETIENNE AIGNERSHOPS #01-03/04 DeHi Orchard Tol:
      89 words
Page thumbnail Page 2
  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Caltex signs 'healthy' wage pact
        83 2 CALTEX is paying its workers in Singapore to stay healthy. Staff can claim up to $300 every year to buy fitness kits, take a holiday, work out their stress, or quit smoking, according to a wage pact sealed last night between management and the union.
        83 words
      • Article
        A more vibrant community
        104 2 CHINESE Singaporeans will be a more vibrant and self-re-specting community if the Chinese language, even as a second language, is a living force in their lives, said Senior Minister Lee Kuan Yew yesterday. A student newspaper, written simply and interestingly and covering global affairs, will encourage
        104 words
      • Article
        Lubbers to give S'pore Lecture
        58 2 THE Prime Minister of the Netherlands, RFM Lubbers, will deliver the next Singapore Lecture on international economic developments. The lecture, the 11th in the series, will be held at the Singapore Conference Hall on April 3. It will be chaired by S Rajaratnam, distinguished senior
        58 words
      • Article
        CPI for January up
        72 2 THE consumer price index for January 1991 rose by 0.1 per cent over December 1990. Compared with the same period last year, it was 3.3 per cent higher. The Department of Statistics said that higher costs of housing and miscellaneous items such as higher school fees,
        72 words
      • Article
        UK trade mission due
        59 2 A TRADE mission from Britain's Thames-Chiltem Chamber of Commerce will be in Singapore from March 4-8. The team includes industrial equipment manufacturers and an export management agent for the Royal National Institute for the Blind. Among the new products that will be displayed here are an
        59 words
    • Article
      Sharp drops in vehicle quota premiums
      586 2  -  Consumers waiting to see outcome of Gulf War By Selva Kumar UNCERTAINTIES caused by the Gulf War have triggered off sharp drops in the latest vehicle quota premiums and dealers say that the lower demand for cars is also because of cautious consumer attitudes.
      586 words
    • Article
      Petrol war: opening up on the green front
      484 2  -  By David Gabriel OIL COMPANIES in Singapore are embroiled in a new round of competition over unleaded petrol as the "green era" arrives. Different claims are being made by the oil companies over which cars can safely use unleaded petrol. Two companies,
      484 words
    • Article, Illustration
      Supreme Court appoints two new JCs
      200 2 THE Supreme Court will have two new Judicial Commissioners in G Pannir Selvam and Mohideen M F Haja Rubin. Both of them will assume their appointments from March 1, for a period of a year, said a statement from the Prime Minister's Office yesterday.
      200 words
    • Article
      Hainan to open trade office in Singapore
      304 2  -  By Yong Pow Ang HAINAN island, the largest special economic zone in China, will open a trade office in Singapore within this year to promote trade and investment. The executive vice-gover-nor of Hainan province, Bao Kerning, said yesterday that the idea was mooted
      304 words
    • Article
      Temporary relief for airport retailers
      282 2 MANY retailers at Changi Airport's two terminal buildings have been given a rental cut of up to six months, starting February, to help tide them over the Gulf War period. The temporary relief, which works on a variable basis, could end sooner if the "situation
      282 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      507 2 \j^Stagmarine W fcrnup Singmarine Industries Limited (Incorporated in the Republic of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1990 The Directors of Singmarine Industries Limited advise the following audited results of the Company and the Group for the year ended 31 December 1990. COMPANY GROUP 1990 1989 1990
      507 words
    • Advertisement
      Page 2 Advertisements Column 2
      465 2 Analysis, Page 9 n IN-HOUSE CHEFS SPECIALITIES PI HOTEL Ml RfiHA.fr OUTLET 4 Chicken Kiev $15.50 Grilled U.S. Tenderioin with green pepper sauce $21.50 I Pan fried FMet of Red Snapper with tomato concasse Grilled U.S. Eye of Rib with braised onion $19.50 j C I amh Loin with talasini
      465 words
Page thumbnail Page 3
  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Singmarine's earnings jump 50 per cent
      352 3  -  By Rahita Elias BCXJSTED by higher investment and interest income, Singmarine Industries saw profit after tax and minorities jump 50 per cent to $22.1 million tor the year ended Dec 31, 1990. Its results are in line with market expectations, as the Institutional Brokers
      352 words
    • Article, Illustration
      Lock icon Twenty-six broking firms on KLSE fined
      506 3 They failed to eomply with minimum capital requirement Bernama TWENTY-SIX stockbroking houses which failed to meet the Kuala Lumpur Stock Exchange's minimum paid-up capital requirement by its [>cc 31, 1990, deadline have been lined, KLSE executive chairman Nik Mohamcd Din Datuk Nik Yusof said
      Bernama  -  506 words
    • Article
      Citibank's GPBI share financing scheme hedges against forex risk
      445 3  -  By Quak Hiang Whai CITIBANK has tired the first salvo in the new shares financing market this year with a package incorporating a foreign exchange risk hedging element. The Citibank scheme launched yesterday enables investors applying for Hong-kong-owned GP Batteries International
      445 words
    • Article
      Time for Idris to squash speculations
      592 3  -  THE HOCK LOCK SIEW COLUMN By William Chia SHARES of finance-based investment holding company Idris Hydraulic (Malaysia) have been so actively traded of late that it was queried by the Kuala Lumpur Stock Exchange earlier this week. Although Idris said that it was not
      592 words
    • Article
      Indosuez's strategy is to go short-term
      344 3  -  DBS CHARITY By Quak Hiang Whai INDOSUEZ Asset Management (Singapore) inspired by its sister company's success in similar contests in Hongkong has signed up for the DBS Charity Investment Race. Indosuez's managing director Dennis See said the group's Hongkong office came in first and
      344 words
    • COMPANY BRIEFS
      • Article
        MBf Finance chalks up 50pc rise in profit
        123 3 MBf FINANCE Bhd yesterday announced a 50.6 per cent increase in its pre-tax profit to a record high of M 563.98 million for calendar 1990, from M 542.8 million in 1989. Its managing director, Datuk Loy Hean Heong, said in Kuala Lumpur
        123 words
      • Article
        Kumpulan Guthrie gets the nod
        127 3 KUMPULAN Guthrie Bhd has obtained the approval of the Foreign Investment Committee for the reconstruction scheme for its group of companies, subject to several conditions. Malaysian International Merchant Bankers Bhd said in a statement yesterday on behalf of Kumpulan Guthrie that the reconstruction scheme was
        127 words
      • Article
        Roxy's stake in M Helicopter
        61 3 ROXY Electric Industries (Malaysia) Bhd said yesterday that it now holds 10.727 million shares in Malaysian Helicopter Services Bhd after its disposal of 295,000 shares on Feb 7 and 436,000 shares on Feb 8. Roxy also announced that Mr Michael Lim Hee Kiang and Mr
        61 words
      • Article
        Hong Leong (M) cuts MPI stake
        63 3 HONG LEONG Company (Malaysia) Bhd said that it now holds 78,354,116 shares in Malaysian Pacific Industries Bhd after disposing of 350,000 MPI shares on Feb 7. In a separate development, Hong Leong Company also said that it had on Feb 8 acquired 41,000 shares
        63 words
      • Article
        East Asiatic's additional shares
        42 3 THE East Asiatic Company (Malaysia) Bhd's additional 7,000 new ordinary shares of MSI (550.63) each issued under its employees' share option scheme was listed and quoted from Wednesday on the Kuala Lumpur Stock Exchange said in a circular.
        42 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      144 3 I'll call vou aaain tomorrow I rom the hotel. A I ANA HOTEL SINGAPORE FOR THE WORLD'S MOST TREASURED WATCHES VACHERON CONSTANTIN One establishment in Singapore houses some ot the world s most fashionable and exquisite watches. The name: Cortina Watch Centre. The most trusted place to purchase outstanding timepieces
      144 words
Page thumbnail Page 4
  • COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Saatchi recapitalisation plan in signing stage
        116 4 A PLAN to completely overhaul the capital base of advertising company Saatchi and Saatchi Co pic is being signed and could be announced by the end of the week, a company official said. A key part of the plan includes replacing a whole class
        116 words
      • Article
        Proposal to privatise Park
        66 4 THE FAMILY of Hongkonger Mr Hui Kwok-hau, the controlling shareholder of Park Enterprises, has proposed to privatise the company with an offer of HK$ 10.60 (552.32) per share. If successful, the move would cost about $164.4 million for the outstanding shares not owned by the company's
        66 words
      • Article
        Allied, Taiwanese in venture
        90 4 HONGKONG'S ALLIED GROUP has formed a joint venture with two leading Taiwanese industrial conglomerates to participate in the petrochemical business in China, the South China Morning Post reported. The venture, Allied Continental Technical Consultants, will also become one of the first undertakings of Asia Securities International
        90 words
      • Article
        Geest eyeing Del Monte
        73 4 FRESH produce group Geest pic said it would be interested in buying Del Monte, the fruit subsidiary of Polly Peck International pic if the administrators running Polly Peck put it up for sale, the Financial Times reported. The newspaper said Geest chief executive David Sugden made
        73 words
      • Article
        Underwriters for Thai listing
        75 4 IN PREPARATION for its first public offering on the Securities Exchange of Thailand, Thai Factory Development, an industrial land developer under the Industrial Finance Corporation of Thailand, has appointed underwriters to handle the new shares. The company said Industrial Finance Corporation and Union Asia Finance Co
        75 words
      • Article
        Sears loses retail sales lead
        117 4 VENERABLE Sears, Roebuck and Co, the dominant name in American retailing for more than half a century, has lost its long-held spot as the nation's sales leader. In fact, Sears isn't even number two anymore. Discounter Wal-Mart Stores Inc has vaulted into the top position,
        117 words
      • Article
        Clampdown in Karachi
        96 4 THE KARACHI Stock Exchange (KSE) is to clamp down on companies violating its rules and said seven of them would be delisted. "We have decided to tighten the grip on defaulting companies," KSE spokesman Mohammed Yacoob Memon said after the presidents of the Karachi and Lahore stock
        96 words
    • Article
      Thai seeks nod to move funds abroad for UPI bid
      200 4 MANAGER Publishing Co's proprietor, Sonthi Limthongkul, has sought permission from the Bank of Thailand to take 75 million baht (SSS.I million) out of the country to finance his overseas investments, The Bangkok Post reported. A central bank official disclosed that
      200 words
    • Article
      Sansui trying to cut links with Polly Peck
      682 4 SANSUI Electric Co is apparently trying to severe its relations with Polly Peck International pic by looking for a friendly investor to buy the 72 per cent of its shares held by the troubled British group, The Japan Economic Journal reported. But,
      682 words
    • Article, Illustration
      Lock icon More HK brokers likely to close or trim business
      463 4 Stock exchange chief sees year of consolidation Reuter HONGKONG can expect further stock brokerages to shut up shop or cut back operations this year, in spite of industry forecasts of greater trading volume. "I believe there'll be more consolidation in the
      Reuter  -  463 words
    • Article
      Lock icon Belgian group asks SAS to bid for Sabena
      401 4 FT SCANDINAVIAN Airlines System (SAS) has been approached by Trans European Airways (TEA), the Belgian charter airline group, to make a joint bid for Sabena. the troubled Belgian statecontrolled flag carrier. The move is aimed at countering rival proposals by British Airways
      FT  -  401 words
    • Article, Illustration
      Brazil's Autolatina workers on strike
      51 4 The assembly lines of Autolatina, Latin America's biggest motor company, came to a halt on Feb 20 at Sao Paulo. Workers at the firm, a holding of Ford and Volkswagen, are striking in protest against the dismissal of 5,000 employees.Brazil's economy is hit by a
      51 words
    • Article
      Lock icon Shell reports 9pc drop in profits
      278 4 Reuter ROYAL Dutch/Shell Group, one of the world's biggest oil companies, reported on Wednesday that its profits fell 9 per cent in 1990 due to lower earnings from chemicals and currency exchange rate losses. But Sir Peter Holmes, chairman of the British arm of
      Reuter  -  278 words
    • Article
      Call to remove HK stock trading barriers
      391 4 THE HONG KONG Stock Exchange could lose 10 per ccnt of its market capitalisation to Singapore if the Hongkong government fails to remove "certain barriers" to trading, the South China Morning Post reported. Mr Toby Heale, managing director of Sassoon Securities. described the
      391 words
    • Article
      Lock icon Interest expenses eat into Time Warner profits
      370 4 NYT TIME WARNER Inc said on Wednesday that it had record earnings before interest, taxes, depreciation and amortisation in the fourth quarter of 1990 but that it had a net loss of US$34 million (5558.5 million) because of interest expenses and accounting treatments
      NYT  -  370 words
Page thumbnail Page 5
  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Fed treading warily on rate cuts: analysts
      644 5 Reuter THE US Federal Reserve is prepared to loosen crcdit, but is warily waiting to judge the impaet of previous casings and the Gulf war, say analysts sifting through Fed chairman Alan Greenspan's testimony to the Senate Banking Committee on Wednesday. "The Federal
      Reuter  -  644 words
    • Article
      Lock icon US thrifts rescue agency hit by problems
      624 5 NYT THE US government's senior auditor reported on Wednesday that the agency in chargc of the savings and loan bailout was plagued by severe problems with keeping track of its bloated portfolio of real estate and securities, hiring private contractors to manage the
      NYT  -  624 words
    • Article
      Lock icon EC unveils proposals to open up life insurance market
      333 5 AFP THE EUROPEAN Community has released proposals in Strasbourg to open up Europe's life insurance market and allow insurance companies to operate throughout the 12-nation bloc. Sir Leon Brittan, vice-president of the European Commission, announced a proposed directive under which an
      AFP  -  333 words
    • Article
      Lock icon Bank of America lowers prime rate to 8.75pc
      416 5 NYT THE Bank of America, the second-largest banking company in the US after Citicorp, said on Wednesday that it was cutting its prime lending rate to 8.75 per cent from 9 per cent. The cut by the huge San Francisco-based bank, which
      NYT  -  416 words
    • SMALL CHANGE
      • Article
        SEC to adopt tripwire rules
        66 5 THE US Securities and Exchange Commission voted on Wednesday to adopt rules creating a financial tripwire for alerting regulators to potential trouble at big brokerage firms. The SEC gave final approval to changes in the net capital rule, which requires broker-dealers to maintain minimum amounts
        66 words
      • Article
        liquidation for FE Insurance
        61 5 THE Far East Insurance Co has gone into voluntary liquidation, according to the South China Morning Post. A spokesman for the office of the Commissioner of Insurance said the directors of the company had made a statutory declaration to the effect that it could not by
        61 words
      • Article
        Thailand to improve services
        62 5 THE Bank of Thailand plans to improve the efficiency of the Thai financial system by making services available at lower cost, according to central bank governor Vijit Supinit. Mr Vijit told senior bankers at a meeting that the central bank was under mounting pressure to improve
        62 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      36 5 s jr' Jf i 4 aYv |yCwi V Omni i® Marco Polo Hotel jjf SINGAPORE Informal yet elegant with classic Continental cuisine for lunch and dinner. FOR CALL 474 7141. EXT. 1920/1921 1 OMNI HOTELS ASIA-PACIFIC
      36 words
  • Page 5 Miscellaneous
Page thumbnail Page 6
  • THE REGION
    • NOTE BOOK
      • Article
        Unions threaten strike against privatisation
        140 6 IABOIJR unions of 25 state-run enterprises have threatened nationwide strikes against Prime Minister Chatichai Choonhavan's plans to allow private investors to take over the provincial electricity generating industry. A union spokesman in Bangkok said yesterday that the threat comes at a time when Thailand is
        140 words
      • Article
        TDC to woo Koreans
        105 6 THE Tourist Development Corporation (TDC) of Malaysia has appointed a South Korean marketing consultant to find ways to woo more Korean tourists to the country. Culture, Arts and Tourism Minister Datuk Sabbaruddin Chik said yesterday that South Koreans were no longer bound by restrictions on travel
        105 words
      • Article
        Bush nominates envoys
        69 6 PRESIDENT George Bush has selected three career diplomats for ambassadorships in Thailand, Niger and Malawi. The White House said on Wednesday that Mr Bush will nominate David Floyd Lambertson to be ambassador to Thailand, succeeding Daniel Odonohue, if confirmed by the Senate. Mr Bush also intends to
        69 words
      • Article
        German loans for Indonesia
        89 6 GERMANY has signed an agreement to provide about US$BO million (S$ 136 million) worth of grants and soft loans in the next fiscal year to aid Indonesia's development. German ambassador Theodore Wallau and Puji Kuntarso, direc-tor-general for foreign economic relations in Indonesia's Foreign Office, signed the
        89 words
      • Article
        Close cooperation vital
        83 6 CLOSE cooperation between the federal and state governments is vital for the promotion of investments in Malaysia. International Trade and Industry Minister Datuk Seri Rafidah Aziz said yesterday that the federal government will have difficulty dispersing industries to less developed areas in a state if the policies
        83 words
    • Article, Illustration
      Jakarta aims to reduce reliance on foreign aid
      489 6 Govt to bank on revenues from non-oil sectors THE INDONESIAN government will continue reducing the role of foreign aid in its development projects by boosting its domestic revenues on non-oil sectors in a bid to help improve the country's economic stability, said
      489 words
    • Article
      Lock icon Improvement in KL copyright protection seen
      301 6 Bernama A NUMBER of influential American industry groups which used to call Malaysia the "world's leading offender" of copyright protection, arc now urging the US Trade Representative to remove Malaysia from its "watch list" bccause of the country's "significant improvement in copyright protection and
      Bernama  -  301 words
    • Article
      Lock icon Hungary touted as trade gateway for Malaysia
      204 6 Bernama HUNGARY can be the gateway for Malaysia to export its goods to Eastern Europe and the Soviet Union a market with more than 200 million people, says a top Hungarian official. Visiting Hungarian Deputy Foreign Minister Tamas Katona said in Kuala Lumpur
      Bernama  -  204 words
    • Article
      HK hotel plans may be put off
      288 6 SOME Hongkong hotel developers are considering delaying their projects in the face of declining market conditions says the South China Morning Post. t he Hongkong newspaper quoted on Wednesday the managing director of Horwath Asia Pacific, Robert Stiles, as having said that developers
      288 words
    • Article
      Cautious World Bank response to Thai gas loan bid
      352 6 THE WORLD BANK has responded cautiously to a request for funds to build a multi-billion-baht natural gas project in waters off Burma by the exploration and production arm of the Petroleum Authority of Thailand (PTTEP), says the Bangkok Post. PTTEP president
      352 words
    • Article, Illustration
      Lock icon Australian township up for sale
      300 6 Reuter FOR SALK: Township of 11 1 houses, seven shops, nine-hole golf course, tennis courts and heated swimming pool. nestling on a remote island off south-east Australia. Spectacular sea views and lots and lots of fresh air. Genuine reason for sale. Mining company North Broken
      Reuter  -  300 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      113 6 SINGAPORT' 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 industry
      113 words
    • Advertisement
      Page 6 Advertisements Column 2
      3 6 Analysis, Pg 9
      3 words
Page thumbnail Page 7
  • THE WORLD
    • Article, Illustration
      Lock icon German budget draft omits planned tax rise
      574 7 Cabinet firm on limiting deficit to 70b marks Reuter CHANCELLOR Helmut Kohl's Cabinet approved a 1991 budget draft knowing full well it was already outdated and would need a revision as soon as a final decision is made about Bonn's planned tax increases.
      Reuter  -  574 words
    • Article
      Lock icon Tokyo manufacturing investment in US down
      293 7 UPI JAPANESE manufacturing investment in the US fell sharply last year after a recent upward surge, says a New York-based private business research company. Japanese firms reported 148 investments in US manufacturing last year, falling from 192 in 1989, said the Conference Board on
      UPI  -  293 words
    • Article
      Lock icon Call to keep oil prices high enough to pay for rebuilding
      209 7 Reuter OIL PRICES should be kept high enough to pay for rebuilding the Middle East and promoting growth in the region once the Gulf war is over, say top European Community officials. "Economic stability naturally supposes a stable and
      Reuter  -  209 words
    • Article
      Lock icon Row brewing over deals for rebuilding Kuwait
      481 7 THE mm AFP A ROW is developing in London over the way allocation of contracts for emergency reconstruction in post-war Kuwait is being handled by the United States military. As British companies complain that they have been given insufficient time to prepare bids
      AFP  -  481 words
    • Article
      Lock icon Soviets not expected to split with US if ground war starts
      302 7 Reuter THE SOVIET UNION, while pursuing a Gulf peace plan that makes Washington anxious, is not expected to break with the US in the event of a ground war that Moscow has tried to prevent, say US officials. From
      Reuter  -  302 words
    • Article
      Lock icon Foreign nations step up moves to woo Taiwan capital
      418 7 IHT BUSINESSES in Taiwan are finding themselves among the most courted potential foreign investors anywhere. "Every other week, we see newspaper advertisements by foreign governments organising investment-promotion seminars to explain the advantages of investing in their countries," said K H Wu,
      IHT  -  418 words
    • WORLD WATCH
      • Article
        Mongolia to allow foreign oil exploration
        87 7 MONGOLIA has approved its first law allowing foreign oil exploration. Beijing's official New China News Agency on Wednesday quoted a Mongolian newspaper as saying the law, drafted by the Hural (Parliament), had been signed by Mongolian President Punsalmaagiyn Ochirbat. The law allows foreign companies
        87 words
      • Article
        US embargo on tuna imports
        104 7 A US FEDERAL APPEALS COURT has embargoed the importation of tuna caught by Mexico's fleet because it uses nets that kill dolphins in excess of US limits. The embargo, hotly contested by Mexico and the American Commerce Department, is expected to remain in effect for
        104 words
      • Article
        P Rico divided over statehood
        107 7 PUERTO RICANS are almost evenly divided on whether they want the Spanish-speaking island to become the 51st US state. According to a poll published in Puerto Rico on Wednesday, neither statehood nor the current commonwealth status had majority support despite the island's request to the
        107 words
      • Article
        Turnaround for Brazil's trade
        68 7 AFTER A YEAR of declining exports and increased imports, Brazil's balance of trade surplus climbed to U551,347 billion (552.3 billion) in January, its highest since May and a muchneeded positive sign that the government's economic policies may be working. The figures, released on Wednesday by the
        68 words
      • Article
        Cabinet reshuffle in Tunisia
        65 7 TUNISIAN PRESIDENT Zine el Abidine ben Ali has reshuffled his government, sacking five ministers and moving his foreign minister to defence. The reshuffle was brought about by his decision last Sunday to remove his Interior Minister Abdelhamid Escheikh and replace him with Defence Minister Abdallah Kallel
        65 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      352 7 IN TIIE MATTER OP THE COMPANIES ACT. CAP. 50 AND IN TIIE MATTER OP 808 A SAL DESPATCH SERVICES PTE LTD (In voluntary Liquidation) FINAL MEETING NOTICE hereby given pursuant «o Section 30* of the Companies Act, Cap. 50 that the Final General Meeting of the urnihtu at the abovenamed
      352 words
    • Advertisement
      Page 7 Advertisements Column 2
      429 7 NOTICES LOST SHARE/STOCK CERTIFICATES Tha following Share/Slock Certificates/ together with the relevant signed transfer deeds have been reported lost or destroyed:AMCOL HOLOINGS LIMITED No. ol Shares/ Certificate No. In the name ol Stocks *****53 Lim Gnat Khenq Ena I X 1.000 Deceased *****02 -do I X 100 ******03 -do- 'X
      429 words
    • Advertisement
      Page 7 Advertisements Column 3
      396 7 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ASIATIC WOOD PROOUCTS COMPANY PRIVATE LIMITED (IN MEMBERS VOLUNTARV LIQUIDATION) NOTICE ISHEREBYGIVENthataFma 1 General Meeting o< the members o< the Company will be held at 14-1 Mmamish.nmach. Kjise Amagasak' Hyogo 660 Japan
      396 words
    • Advertisement
      Page 7 Advertisements Column 4
      268 7 MTHE MATTER OF THE COMPANIES ACT, (CHAPTER SO) AND MTHE MATTER OF HOCK YIN FISHERY PTE LTD (Incorporated in the Republic of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of members of HOCK YIN FISHERY PTE LTD duty convened and held at 3400 King George's Avenue,
      268 words
Page thumbnail Page 8
  • Article
    Coming full triangle
    466 8 EDITORIAL THE MOST significant thing about the visit earlier this week of six Indonesian ministers to Johor was that it happened; and in happening, added another layer of credibility to the Growth Triangle. Up to then, the Triangle was lacking a dimension. This first-ever meeting of the
    466 words
  • WHAT THE OTHERS SAY
    • Article
      Take stock with care
      230 8 THE Amcrican-lcd coalition attack on Iraq set off a month-long boom in stock markets across the globe. The Singapore market has been a clear beneficiary of this renewed faith in equities, with the Straits Times Industrials Index rising almost 20 per cent above its level on
      230 words
    • Article
      The dengue threat
      146 8 THE dengue fever continues to pose a serious threat in Singapore. Last year alone, the number of dengue cases hit a record high of 1,733 cases. The sad thing is that there are still people who take the problem for granted and many residents in high-risk areas
      146 words
    • Article
      Saddam must go
      136 8 SADDAM Hussein has shown himself to be utterly unreliable. The consensus among most nations is that Saddam must be removed. It will be most unsatisfactory for him to be left in glory in Iraq after withdrawing from Kuwait. The US is worried that Iraq's peace overtures may
      136 words
  • REGIONAL VIEWPOINTS
    • Article
      A significant step
      170 8 THE ANNOUNCEMENT by Bank Negara (BNM) that a credit rating agency has been established is a significant step forward in building up the capital market in the country to be among the best in the region. In carrying out its responsibilities. Ratings Agency Malaysia (RAM) is bound
      170 words
    • Article
      The Mekong Rim plan
      154 8 PRIME MINISTER Gen Chatichai Choonhavan confirmed recently that he intends to attend the Bali conference on Ascan and world economy. In his address to the Bali conference. Premier Chatichai himself will probably concentrate on Thailand's economic policy towards Asean and South-east Asia. He may have nothing
      154 words
    • Article
      Old problems, new victims
      161 8 BARELY had the dust settled over September's New Phctchaburi Road carnage in which over 80 people perished than another tragedy of took place. A trailer truck belonging to the Fak Thong Phol transport company laden with 14 tonnes of detonation caps and possibly dynamite overturned while
      161 words
  • Article, Illustration
    Lock icon A high degree of uncertainty
    1500 8  -  The employment outlook for many graduates in the UK is bleak. Emma Tucker reports Emma Tucker FT AT the Randolph Hotel in Oxford, Ms Lucy Wood has just been talking to United Biscuits, which has set up office along with Guinness, JWT, Swiss Bank Corporation,
    FT  -  1,500 words
  • Page 8 Miscellaneous
Page thumbnail Page 9
  • ANALYSIS
    • Article
      Lock icon Wanted: Foreign investors for Eastern Europe
      809 9  -  The Economist says there should be less talk and more investments The Economist The Economist THE hysterical claim by Valentin Pavlov, the Soviet Union's new prime minister, that Western bankers and businessmen are plotting the ruin of the Soviet economy will cause officials throughout
      The Economist  -  809 words
    • Article, Illustration
      Clearing the air about catalytic converters
      1013 9  -  Can all cars use unleaded petrol? David Gabriel on what the argument is all about David Gabriel The writer contributes occasionally to HT i THE move to introduce unleaded petrol into Singapore paves the way for the introduction of cars fitted with catalytic converters
      1,013 words
    • Article
      Lock icon Ravi Batra: The economist of doom and gloom
      888 9  -  Chip Brown reports on an unconventional academic Chip Brown AP UNLIKE most economists, Ravi Batra says he's always hoped his forecasts would prove wrong. But then again, Mr Batra isn't your conventional economist. The India-born economics professor at Southern Methodist University has
      AP  -  888 words
Page thumbnail Page 10
  • SPORTS
    • SIDE LINES
      • Article
        Becker and trainer go separate ways
        87 10 BORIS BECKER, the world's number two ranked tennis player, has split from his Australian trainer Bob Brett. Becker said on Wednesday that he did not renew Brett's contract when it expired last Friday, after three-and-a-half years' service. "I am grateful to Bob Brett for
        87 words
      • Article
        Ivanisevic beat Jelen
        83 10 THIRD-SEEDED Goran Ivanisevic beat Eric Jelen 6-4, 6-4 to reach the third round of the US$l million (S$ 1.7 million) purocard Classics tennis tournament in Stuttgart on Wednesday. Guy Forget of France, fresh from his victory in Brussels three days ago, moved into the second round by
        83 words
      • Article
        Connors accepts wildcard entry
        81 10 JIMMY CONNORS has accepted a wildcard entry into next week's Volvo Tennis-Chicago, his first appearance on the Association of Tennis Professionals tour since having wrist Surgery in October. Organisers of the Volvo announced Connors' acceptance on Tuesday to the event's 32-man singles field featuring John McEnroe
        81 words
      • Article
        Daniel's happy to be back
        102 10 IT IS EASY to see why Beth Daniel is so happy to be back in Hawaii defending her title in the Hawaiian Ladies Open. Just recall how unhappy she was here a few years back. That was 42 victories and US$l.5 million (552.5 million) ago.
        102 words
      • Article
        Christie proves his worth
        123 10 EUROPE'S fastest man Linford Christie, out to prove he is not over the hill, won the 60 and the 200 metres at the Ghent international athletics meeting in Brussels on Wednesday. Christie, beaten by top American runners Leroy Burrell and Michael Johnson on home ground in
        123 words
      • Article
        Everton, Liverpool draw
        82 10 EVERTON and Liverpool drew 4-4 in one of the most dramatic Merseyside derbies of all time on Wednesday night. Everton came from behind four times to force a draw after extra time in their FA Cup, fifth round replay with two goals -from Tony Cottee and two
        82 words
      • Article
        Jahangir powers back
        77 10 -JAHANGIR KHAN, absent from the world squash Grand rprix circuit for more than four months, scarcely looked as ;though he had been away for a moment on Wednesday as he strolled into the second round of the Welsh Classic in Cardiff. The Pakistan legend needed only 39
        77 words
    • Article
      Lock icon Olazabal embarks on quest for top spot
      420 10 AP I THIRD-RANKED golfer Dose Olazabal of Spain prepared on Wednesday to begin iis drive for the top spot in She world. A triumph at the Gerona which opens the 1991 IPGA European Tour today, -would likely vault Olazabal .past Nick Faldo and
      AP  -  420 words
    • Article, Illustration
      Leaders fail to put up inspiring performances
      515 10  -  By Cassandra Haw THE overhead aeroplanes were not so much a bother to the pros at the Epson Singapore Open Golf Championship 1991. Neither were they put out by the heat or the wind. But the large greens of the Garden course at
      515 words
    • Article, Illustration
      Unassuming Minoza hopes to make the cut
      413 10 A QUIET and unassuming pro who started playing golf when he was barely seven, Frankie Minoza is very much a role model in his country. Not only is his tenacity famous in the Philippines, but touring pros in the Australian and European Circuits
      413 words
    • Article
      Lock icon Sporting pets and hates
      457 10 AP AMERICANS share a passion for sports, loving some and hating others with equal intensity, all the while pumping up a US$75 billion (*****.5 billion) annual business. They love football, the Olympics, baseball, basketball and figure skating, making those the most popular spectator sports. They hate
      AP  -  457 words
    • Article
      Lock icon Lendl, Sampras fight their way through
      285 10 AP TOP seeds Ivan Lendl and Pete Sampras marched into the third round of the Volvo Tennis Indoor tournament in Memphis, but not without a bit of struggle from two stubborn underdogs. Lendl, ranked third in the world, defeated Wayne Ferrcira of South Africa
      AP  -  285 words
  • Page 10 Advertisements
Page thumbnail Page 11
  • FOCUS
    • Article, Illustration
      Lock icon Still searching for an independent identity
      1361 11  -  A year after the overthrow of General Noriega, Panama remains beset by many problems. Clifford Krauss has the details Clifford Krauss NYT Thirteen months after the United States invaded Panama and arrested General Manuel Antonio Noriega, most of the problems that have plagued the
      NYT  -  1,361 words
    • Article, Illustration
      Lock icon Brazilians taking the latest war on inflation with a yawn
      686 11 NYT LAST MARCH, Brazilians thrilled to hear their dynamic new president announce that he had "one bullet to kill the inflationary tiger". Almost one year later, a cartoon in a recent issue of the Rio daily Jornal do Brasil reflected
      NYT  -  686 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      165 11 A. B. Fairway Driver, LONG and ACCURATE '3. #5 TOTALLY EFFECTIVE WEIGHTING LESS TORQUE on MIS-HITS THE LARGEST SWEETSPOT The CAVITY BACK WOOD" has the highest polar moment of inertia. This means it RESISTS TWISTING *~s£ (TORQUE), making it the most stable through impact, ball LONGER and more ACCURATELY. Your
      165 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      249 12 uiWßt Til WINE. DIME AND EHTtRTAIN WHEB£ TO WIHE, BINE AND EMTHITAIM WHEM TO WIIK, DIK *"*IV 9L. i fHff KO a GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 5.00 PM. HAPPY HOUR fit DJ MUSIC: 5.00 PM TO 8.30 PM. BAND PERFORMS FROM
      249 words
    • Advertisement
      Page 12 Advertisements Column 2
      312 12 IRpVfl :f Yu Sheng 10th February 28th February, 1991 Yu Sheng. a must for all businessmen. the symbol fof prosperity. A crisp and spicy raw fish salad that Is traditionally eaten during the Chinese New Year season. Enjoy festive specialties at RuYL Gong XI Fa Call I KAN PARANG YU
      312 words
    • Advertisement
      Page 12 Advertisements Column 3
      286 12 Now, you can enjoy a One for One offer during Happy Hours and gather your girlfriends for a night-out during the weekend, where its Ladies Nite every Friday. Plaza Hotel S B/W_ I Catch the Cuatro Calientes at the Bugis Lounge Singapore welcomes bock 'The Cuatro Calientes moke their the
      286 words
    • Advertisement
      Page 12 Advertisements Column 4
      291 12 DON'T MISS "ELVIS" n I! KING IS HACK STARRING Wll SON !)/\VII) II I! HAv. KIK. V K A 1 IMI KASHAf I. 35 1 1 OOR IA \l9 MAR 18 1991 Let Wilson David, the Elvis of Singapore md y.-< Backtrack bring back the glorious days ut the 60s
      291 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      732 12 TELEVISION AND RADIO T?*„ _11 WT o sbci2 *2E~£2~ tMawnuefflm Jr 113.3,1. J.\^ e 3.116F W3f 1M WS TSKr»*«< BBC, 89.9 inHi in VHF BMd II T iVA i4A 730 PM Oraau Classics A Link (3rd Session. L). 4.30 Mac Ross. 710 am 9 25am 1 30om A in the
      732 words
Page thumbnail Page 13
  • LIFESTYLE
    • Article, Illustration
      Lock icon Noteworthy night for Quincy
      609 13  -  Jon Pareles gives a flavour of the music industry's night of nights, the Grammy Awards. Jon Pareles NYT THE 33rd annual Grammy Awards belonged to Quincy Jones. His album Back on the Block, an ambitious attempt to bring together black musical styles from jazz to soul
      NYT  -  609 words
    • Article
      Peggy Lee suing Walt Disney for US$50m
      404 13 CHATTERBOX SINGER Peggy Lee was brought into a Los Angeles court in a wheelchair on Wednesday to battle the Walt Disney Company over the profits it made by re-releas-ing its famous animated classic, Lady and the Tramp, on videocassette. The 70-year-old entertainer made
      404 words
    • Article
      Lock icon More living in US urban areas
      442 13 AP FOR THE first time, more Americans live in huge urban areas than in small cities and rural localities, according to Census Bureau figures released on Wednesday. And while those urban centres grew rapidly in the 1980s, more people preferred the suburbs to the
      AP  -  442 words
    • Article, Illustration
      Lock icon Mozart's death: grave error of history?
      436 13 Is the grisly discovery merely some skullduggery, carefully timed to coincide with the bicentennial anniversary of his death? Or is it really the composer's skull? UPI ANEW analysis of a skull believed to be Mozart's indicates the death of the famed composer may have
      UPI  -  436 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      244 13 AND ENTERTAIN High Fashion At High Tea. I Every Saturday, High Tea is highly I fashionable at the Fountain Lounge. With I a fashion show featuring some of Singapore's I top models and best fashion. ANA HOTEL I 16 NASSIM HILL, SINGAPORE 1025 TFL: 7J2 1222 SINGAPORE I Ma-hor, Tak<v
      244 words
Page thumbnail Page 14
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Afternoon rally trims market's early losses
      4028 14  -  By Lilian Ang THE Singapore stock market closed broadly lower yesterday as investors continued to take profits in another day of active trading. By mid-day, the Straits Times Industrials Index had fallen by 15.16 points. But the market rallied in last-minute trading to close
      4,028 words
Page thumbnail Page 15
  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4009 15 Main Board JMH US$0.25 400 3100 75 *2 5% Robinson 338 *14 +4.3% OU Securities 165 *12 *7.8% SW 50« 218 HI f5.3% Asia Pacific 1050 *10 +1 0% Isctan50* 685 *10 fl.5% K Kellas 25p 232 *9 *4.0% Weames 436 8 1.9% Hwa Hong
    4,009 words
Page thumbnail Page 16
  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      263 16 Company Data Year Group Nat Net earnings Crass ann to profit/loss (L) par share dividend (000) (cents) H leong Credit Jan 16 Jun 90 M$24 462($18,074) 21 8(16 4) 10(10) CAC lan 14 Sep 90 $53.947($34 649) 30 8(23 5a) 15(8 5a) F*N lan 14 Sep 90 $53.080($62
      263 words
    • Article
      PRELIMINARY RESULTS
      252 16 CMfMy Date Y*ar Group pre-tax Net earnings Cress ann to profit/loss (L) per share dividend (*000) (cents) Steamers Feb 21 Oec 90 $11.575($11.889) 7.1(79) 8(8) U Securities Feb 19 Oec 90 $1.0%($5.062) —(5 la) 4(4 6a) Keppel Fin Feb 13 Dec 90 $5,282($5.169) 58(63) 5(«) UMW Feb 8
      252 words
    • Article
      INTERIM RESULTS
      382 16 Company Date Half-year Group pre-tax Interim am te profit/kss (L) dividend COM) Cold Storage Feb 18 Dec 90 $19,171 ($19,349) 8 7(4.2) AIS8 Feb 11 Dec 90 M$10,256($4.005) M Banking Feb 11 Dec 90 M$181,960($155.358) 5(5 6a) BMT Feb 8 Dec 90 $600($457) 50(-) Hhong Guan Jan 31
      382 words
    • Article
      CORPORATE DEVELOPMENTS
      912 16 Feb 20 Burwfl Holdings is buying a 501% stake in Capcount Property Trust tor As9o 03m (Ssl2l 54m) MBf Holdings Bhd subsidiary, MBf Property Services Sdn Bhd. has signed a sale and purchase agreement with the receiver and manager ot Lake Golt Hotel Sdn Bhd. Hanafiah Raslan Mohamad,
      912 words
    • Article
      DIVIDENDS ANNOUNCED
      310 16 Carraat Ex Mis Data TMhr Tatal tor paymaat date ctoaa payable tin yaar last year Asoan Find USSO 10(b) Mar 18 Mar 28 Apr 8 US$010 A vino 5%TE Feb 25 Mar 7 May 15 12 5*11 25%TE BMT 50%(I) Feb 20 Mat 4 Mar 6 50% 150%
      310 words
    • Article
      RESULTS DUE
      513 16 Singapore Stocks LastFrt Yoar Compviy Mai Date Year Nat EPS toes IM mwnd andh| (c«ii) *> pre* last yaar (tOOO) OB Pxkafnc Intenm Nov 13 Dec 90 29 7 13.2 11.616(e) BMT Interim tan 10 kin 91 254.2 150 0 773 Hp* Final Feb 16 Dec 90 1.746L
      513 words
    • Article
      APPROVED ISSUES
      174 16 Company Rights Issue H Lmri Cmft Two-tor fwe MS? 80 pet share Ei-date Feb 21 Books close Mar 7 Acceptance Payment NYA Palanp Bhd Two tor fine MSI 60 pet share Ei-date Mar 4 Books close Mar 18 Acceptance Payment NYA Company Bonus Issue H leong Cretft Three-tor
      174 words
    • Article
      PROPOSED ISSUES
      239 16 Company Rights Issue Majm One-tor two <a. MSI 00 per share Issue of 40<n Cumulative Redeemable Preference Stares of MSO10 each at MSI per share with 10m detachable TSR Bolt an One-lor tour 3 MS2 00 per share MC8 Capital Reduction Scheme to reduce pai value of shares
      239 words
    • Article
      BONDS, LOANS & WARRANTS
      729 16 BONDS, LOANS WARRANTS C—p—y Caanaretei pwM Cawilaa I— tw trtkmn CiC Nt Before 26/4/93 1 warrant plus 1309 cash Cauaawa; tan Cauwway it 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus 10.77 nominal amount of loan stock. Ctuan tt*> Motes Chan ft* IR March 87
      729 words
    • Article
      RECORD HIGHS & LOWS
      165 16 RECORD HIGHS LOWS gj composite Index Industrials Index Dl 1991 N0c 1397.40 (20/2/91) 12 S? 2K5 S?/? iwi 1149 08 (16/1/91) 215 JS15 fi/1/2 1990 N0t 1607.12 (27/3/90) J22S? Shot fii/ii'/S! 1990 Imt 1079.50 (11/10/90) 2!£l iSX S/l/M 19,9 *****6 (26/12/89) 152 S? S2 1919 Imt 1030.69 (4/1/89) Si IftUtf
      165 words
    • Article
      COMPANY MEETINGS
      23 16 Weame Brothers Ltd: 76th AGM at 65 Chulia Street #33-00, OCBC Centre, Singapore 0104 on Wednesday, Feb 27, at 10.30 am.
      23 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      482 16 BUSINESS TIMES TELEPHONE: 730-5937/5902/5942 FAX: 734- 4 9 8 2 P— ——I^— TJ We are a publicly-listed company and one of Singapore's largest. We pay for performance. |k If you perform well, and demonstrate the potential for higher appointment, there are a opportunities for advancement within the Company. We now
      482 words
    • Advertisement
      Page 16 Advertisements Column 2
      78 16 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      78 words
Page thumbnail Page 17
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices end lower on fears of possible ground war
      4056 17 Bernama SHARE PRICES in Kuala Lumpur closed lower yesterday on profit-taking brought about by concern over a possible ground war in the Gulf. However, selected second liners rose on strong speculative buying. The KLSE Composite Index retreated 7.84 points to 554.42
      Bernama  -  4,056 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      104 17 "Where did you pick up that hot stock tip?^ Ijr v. yA 7^ l> rak u <!Jv When you call 005-1-212-976-4141, you can profit from the latest stock market news from Dow Jones. That's because International Info Hotline makes financial updates available around-the-clock and the information is provided free You
      104 words
Page thumbnail Page 18
  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Jitters over Gulf War send investors to the sidelines
      2228 18 Reuter TOKYO STOCKS closed lower yesterday on widespread caution, as major investors took to the sidelines on Gulf War jitters and fears that the market was due for a further downward correction. Brokers said scattered purchases from individuals were spotted, while
      Reuter  -  2,228 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish lower as institutions turn cautious
      2098 18 Reuter, AP SHARE prices closed lower yesterday after choppy trading with institutional investors sidelined and small local investors chasing the market up by buying smaller stocks. The Hang Seng Index closed 14.55 points down at 3,477.61 and the Hongkong Index lost 9.50 to
      Reuter,; AP  -  2,098 words
  • Page 18 Advertisements
Page thumbnail Page 19
  • REGIONAL STOCK MARKETS
    • Late buying lifts Aussie market off lows
      • Article
        AUSTRALIA
        861 19 AUSTRALIAN shares closed marginally weaker after offshore buying by Asian investors in the afternoon scooped the market off its lows. After a shaky start, when it fell 16 points on concern about a possible ground war in the Gulf, the market picked up strongly on support for blue-chip industrials.
        861 words
      • Article
        BANGKOK
        717 19 THAI stocks dropped dramatically across the board with traders nervous about events in the Gulf and on the home political scene. The SET index fell 40.68 points to close at 776.56. The financial sector was hit from the start after a drop on Wall Street but panic selling later
        717 words
      • Article
        SEOUL
        839 19 SEOUL stocks gained ground in late trade when institutional buying out- paced selling by individuals whose optimism on the Gulf began to fade, brokers said. The Composite Stock Index ended the day up 2.19 at 672.10, after fluctuating downward in moderate morning trade. Volume was moderate at 227.6 billion
        839 words
      • Article
        MANILA
        503 19 PHILIPPINE stocks closed higher as long-term investors blocked profit-takers in the hope of a further rally on bright economic prospects, brokers said. They said the market's confidence was backed by anticipation of a US$9OO million (S$ 1.5 billion) International Monetary Fund loan package for the Philippines. The Manila Stock
        503 words
      • Article
        NEW ZEALAND
        115 19 NEW ZEALAND shares failed to recoup losses incurred in morning trade but the lower prices attracted big volume in the afternoon. "There was certainly an indication that the market found a level where it was willing to absorb stock," Tim Snedden of Buttle Wilson said. The Barclays Index
        115 words
      • Article
        JAKARTA
        681 19 JAKARTA'S industrial and consumer stock rose in heady trade and dealers said local speculators were jumping into the market hard on the heels of foreign buyers. The official index was not available but the BT index rose 27.70 points to 712.65 after a 12.79 rise on Wednesday. Foreign investors,
        681 words
      • Article
        TAIWAN
        94 19 Taiwan share prices closed higher across the board after investors piled into the market with buy orders for small-capi-talised shares, dealers said. The weighted index gained 231.30 points, or 4.7 per cent, to close at 5,181.98 compared with Wednesday's 4,950.68 finish. Turnover was NTS7B billion against $75.9 billion. Dealers
        94 words
      • Article
        Lock icon BOMBAY
        70 19 Reuter BOMBAY share prices closed higher after a bullish start triggered profit-taking, brokers said. "The market was in high spirits after the government announced it is postponing the budget," broker Rasesh Maniar said. "That was good news because everyone feared heavy taxation." The Bombay Stock Exchange index rose 4.96
        Reuter  -  70 words
      • Article
        Untitled
        467 19 Wellington NZ Certs VoKXM) Air NZ 108 -2 3172 ANZ Banking 435 10 21 Bank Of NZ 62 -I ***** Bavcofp Hold 6 Bricrly Inv 103 -6 ***** Carter Holt 175 12 ***** Cavalier Corp 142 +2 119 Ceramco Corp 89 3 '085 City realties 15 unch 10 Corp Inv
        467 words
      • Article
        INDICES & TURNOVER
        92 19 INDICES TURNOVER (lose Previous Keb 21 SYDNEY All Ordinaries Index 1,366 1 1.372 7 -66 All Industrials Index 2,153 4 2.1600 -66 All Resources Index 768.4 774.6 -6.2 Turnover (million) 64 39 72.78 -8.39 BANGKOK SET Index 776.56 817 24 -40.68 Turnover (million bdht) 5.061 5,520 -459 JAKARTA Composite Index
        92 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        385 19 In local currency In SS In US$ S day S year S day S year S day year FEB 20 Index change change change change change change World 398.4 -05 11.2 4)9 11.2 -0.9 12.4 $EAFE 522.0 4)7 110 -l.i 12.0 I.I 13.2 Europe 400.4
        385 words
Page thumbnail Page 20
  • WORLD STOCK MARKETS
    • Skittish investors drag Dow down 33 pts
      • Article, Illustration
        NEW YORK
        1075 20 NEW YORK stocks tumbled on Wednesday in heavy trading as investors turned skittish and took profits. The Dow Jones industrial average sank 33.17, or 1.1 per cent, to 2,899.01, while the broader Standard Poor's 500 index fell almost the same, suggesting that the downturn swept broadly across the
        1,075 words
      • Article, Illustration
        LONDON
        823 20 LONDON stocks opened lower yesterday, but then made up the lost ground to get back on an uptrend later in the morning, though investors remained cautious while awaiting the Iraqi reaction to a Soviet peace plan aimed at halting the Gulf war. At 1020 GMT and local time, the
        823 words
      • Article
        AMSTERDAM
        395 20 DUTCH shares opened mostly easier yesterday in a quiet market which saw some profit-taking. Weaker Dutch bonds and the lower closes of the Tokyo bourse and Wall Street provided the market with a slightly negative sentiment. "The lower prices are mainly due to profit-taking and to the higher interest
        395 words
      • Article
        MILAN
        235 20 ITALIAN stocks started stable to slightly higher at the opening yesterday following Wednesday's correction as investors ignored Wall Street's losses and bet on a quick solution to the Gulf crisis, brokers said. "Speculation is focused on a rapid resolution in the war," one broker said. Initial volume was running
        235 words
      • Article
        ZURICH
        286 20 SWISS share prices opened higher despite Wall Street's lower close on the feeling that yesterday's price fall was overdone, traders said. But they added volume was very low and early prices reflected only a few orders. The SMI index of leading shares rose 9.4 points to 1,547 after about
        286 words
      • Article
        JOHANNESBURG
        361 20 JOHANNESBURG share prices eased slightly in slow trading yesterday morning as light profit-taking trimmed recent gains, dealers said. A fall in Wall Street and Far East stocks overnight on gulf war nerves put traders on a cautious footing as international markets awaited Iraq's response to the Soviet Union's peace
        361 words
      • Article
        TORONTO
        241 20 TORONTO stocks tumbled across the board in late trade as investors took profits, fearing US inflation data may stall the trend towards lower interest rates, dealers said. The US consumer price index in January rose more than expected. The CPI gained 0.4 per cent last month, while the core
        241 words
      • Article
        BRUSSELS
        164 20 BELGIAN shares edged lower at yesterday's start after their two per cent drop on Wednesday, with holding company Societe Generale de Belgique leading the declines. Dealers said the market was in a hesitant mood on concern about a possible Gulf ground campaign. Investors also were waiting for the Belgian
        164 words
      • Article
        PARIS
        198 20 THE Paris Bourse began the March trading month under favourable auspices yesterday, as share prices overcame the Wednesday decline to move higher at the opening. The CAC-40 stock price index was up by 0.83 per cent at yesterday's opening. and an hour later stood at 1,707.87, up 0.87 per
        198 words
      • Article
        FRANKFURT
        201 20 GERMAN share prices yesterday held steady around Wednesday's lower closing levels on the pre-boursc. but dealers saw some speculative demand for carmaker BMW. The Gulf war dominated trade as operators waited to hear Iraq's response to Moscow's peace plan. Investor caution meant no major price swings were likely on
        201 words
      • Article
        Untitled
        43 20 Vienna f'eb 20 Awh \kg Holding 3830 +30 E \llgcm (Prcft 3690 -60 Jungbun/1 9100 unch Lacndcrbank (Prcf) 560 -16 Lcnzmg 1500 -30 Lcykam 480 -5 Montana Ocstcrr. Brau 4100 +80 Scmpcrit 125 unch Stcyr 375 -3 Vcitschcr 715 -22 Source: Austrian Laenderbank
        43 words
      • Article
        INDICES & TURNOVER
        86 20 INDICES TURNOVER NEW YORK (low Pwmnh Feb 20 Dow Jones NYSE Financial SAP 500 Turnover (million) 2.899.01 141 34 365.14 185.7 2,932 18 143.49 369.39 190 -33.17 -2.15 -4.25 -4.3 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,826.2 2.296.8 512.4 1.838.5 2.312 4 487.5 -12.3 -15 6 24 9
        86 words
Page thumbnail Page 21
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenspan's comments lend support to US$ in Europe
      1218 21 FOREX MARKET REPORTS THE DEUTSCHEMARK yesterday started broadly weaker in quiet Frankfurt trade as dealers waited for news about the Gulf war. Dealers said comments from US Federal Reserve chairman Alan Greenspan had given the US dollar some support. Mr Greenspan said
      1,218 words
    • Article
      Lock icon ECU bond issues not yet a threat to currency markets
      418 21 Reuter THE PAST WEEK'S spate of ECU bond issues by European governments is a milestone in the growth of a bond market which bankers say will rival those of the US and Japan. But it will be a long time
      Reuter  -  418 words
    • Article
      Lock icon US futures bill draws sharp criticism
      148 21 Reuter A US SENATE bill to tighten regulations of futures market trading and strengthen the Commodity Futures Trading Commission drew complaints from the futures industry. Representatives from exchanges and futures industry associations said at a Senate Agriculture Committee hearing they support the intent of
      Reuter  -  148 words
    • Article
      FINANCIAL FUTURES
      1229 21 SIMEX EUROOOUAR Open High Low Sett Est Vol Op/lnt Vol Mar 91 93.27 93.24 9l24 2600 ***** 3834 Jun 91 93.36 93.37 93.33 93.33 4300 ***** 6926 Sep 91 93.19 93.20 93.16 93.16 1200 5370 1989 Dec 91 92.83 92.83 92.79 92 79 900 5830 650 Mar 92
      1,229 words
    • Article
      INTERBANK FOREX RATES
      403 21 Crass rates I IJSS SS MS Dm Yen L SFr AS N7$ |!S$ 1.7220 2.6985 1.4950 131.35 0.5130 1.2770 1.2698 ***** S$ 0 5807 1.5671 0 8682 0.7628 0.2979 0.7416 0 7374 0 9719 MS 0.3706 63.81 0.5540 0.4868 0.1901 0.4732 0.4706 0.6202 Dm 0.6689 1.1518 1
      403 words
    • Article
      MONEY MARKET
      568 21 Interbank rates SS Bid Offer Overnight 4 7/8 5 1-month 4 1/2 4 5/8 2-month 4 9/16 4 11/16 3-month 4 9/16 4 11/16 Overnight mode: 4-9/16 USS Bid Offer 7 days 6 7/16 6 9/16 1 month 6 7/16 6 9/16 2 months 6 3/4 6 7/8
      568 words
Page thumbnail Page 22
  • COMMODITY PRICES
    • Article
      Lock icon Japanese firms to reduce imports of Malaysian lumber
      399 22 NYT IN RESPONSE both to growing criticism from environmental groups and a decline in demand, a number of Japanese trading firms are planning to reduce further the volume of imports of Malaysian lumber this year. The firms that plan to reduce imports
      NYT  -  399 words
    • Article
      Woodhouse problems will not affect trading on KL exchange
      298 22 FINANCIAL PROBLEMS of the London-based Woodhouse Drake Carey, a major commodity trader, have not affected trading on the Kuala Lumpur Commodity Exchange (KLCE) despite some initial fears. KLCE's chief executive Sycd Abdul Jabbar Shahabuddin said that the exchange, nevertheless, is monitoring
      298 words
    • Article
      Tin retreats on lack of fresh buying interest
      851 22 REPORT THE PRICE of tin retreated slightly to close one sen lower at M$ 15.09 per kg on the Kuala Lumpur Tin Market on lack of fresh buying interest. A dealer said the recent uptrend in tin was shortlived as market players
      851 words
  • Article
    PRICES
    1544 22 Ru bber fa 21 1 T.t-t r n Noon lose Inl 1 KSS Prompt I42.25/I43.25N 142 25/143 25N Inl KSS Mar ')l 144 (XV144.50 144 (XV144 SO Inl 1 KSS Apf *****/147.50 147.(XV 147.50 Inl 2 KSS OI» 141.50/14.1 50N 141 54VI43 SON In* 3 KSS OP 136.50/1 JH.
    1,544 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      746 22 NOTICES TIIK COMI'ANIKM ACT, CAP M lIKI.VITIA INVRfTMKNTM HTK MMITKn (la Member*' ValaaUry liquidation) At a general meeting of lIKI.VITIA IN VKSTMKNTS ITK I.IMITK1) duly convened and held on 12th February. 1901 the following special resolution was passed:SHKt'IAI. KKNOI.tTION That the Company be wound up voluntarily pursuant to section <2flo<
      746 words
    • Advertisement
      Page 22 Advertisements Column 2
      753 22 THE COMPANIES ACT. TAP 56 KIMBKRLKY INVESTMENT PTE LTD (In Members' VelnnUry Wlndlng-lp) At an Extra-Ordinary General Meeting of the Company held at 15 Scotts Road #04-01/03 Thong Teck Building, Singapore 0922 on 18th February, 1991, the following special resolutions were passed: (I) that the Company be wound up voluntarily
      753 words
    • Advertisement
      Page 22 Advertisements Column 3
      11 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
Page thumbnail Page 23
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1052 23 City Flight ETA Flight CTO I City Flight ETA Flight ETD Abu Dhabi C.A894 OOIO SQ««1 2100 CI67I 2025 GA890 2225 GA890 2120 SQ162 2030 GA970 2335 GA970 2235 CX7I1 2050 GA976 2340 GA976 2240 Adelaide QU 1750 SQ227 2130 H—M SQ4I8 1310 Amman RJ182 1400
    1,052 words
  • THE TRAVEL PAGE
    • Article, Illustration
      When Vietnam goes crackers
      615 23  -  LETTER FROM HANOI By Kathleen Callo IT TOOK four men to hoist the giant firecracker up on a rope, the five-metre long explosive looking like a log covered with brightly coloured paper. The men then bowed to the thousands of Vietnamese villagers gathering round and walked
      615 words
    • Article
      MONEY CHANGER RATES
      153 23 As at 3pm yesterday: IacsI dollars to one unit of foreign currency C urrencies Bid Offer Australian dollar 1.3480 1.3680 Canadian dollar 1.4760 1.4960 NZ dollar ***** 1.0600 Sterling pound 3.3400 3.3700 US dollar 1.7130 1.7300 l/ml dollars to 10(1 units of foreign current) Austrian schilling 16.10
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      90 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Feb 27- Photo, line and Zurich. Zuspa *****5055 v**? 0 Mostrc March 4 Video Exhibition Switzerland r**! cs in Zurich Audiovisual Products rcb 28- Intern.itlonal Stuttgart. Stuttgarter Messe *****2589-0 I'hotollmshing March 3 Trade hair for Germany Und
      90 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      42 23 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. Vi' kiMAv Kiinipr fnwn <Lut to Kinnuh.
      42 words
    • Advertisement
      Page 23 Advertisements Column 2
      44 23 GULFS f|OF WARM Differences dm ofsr w Gulf War is ■Bf about have led IK' to many gulfs Between Allies Between rich and poor Between Muslims Between neighbours Between pro-war and peace activists Between whites and blacks In The New Paper Today Ipjpkr j
      44 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      296 23 I Ways of viewing misuse of 1 i i' j space on back-street (7) Ml HI 5 Boxes with some hesita- pH— P® tion, being comparatively 3 j i Poles in transfer (7) 10 A spy out to make person- i j j i j I 11 Taking a right
      296 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      218 23 Singapore Outlook: Fair except for showers over a few areas in the afternoon. Forecast Maximum temperature 32.0 Assoc humidity 62% Minimum temperature 23.9* C Assoc humidity 90% Hours of sunshine 9.3 Rainfall in mm Nil Rainfall this month 22.3 Rainy days this month 6 World forecast Asia-Pacific Hi/Ix>* C'ond. Auckland
      218 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      39 23 HPuR UtC&PR]NC£SS RNKe... \IDID 566 P> GitfL THPsT LOOKS MP\V£ VOL) SC£N THE Fe 3,G I yUH<C PRiNC£ PHILIP. RecepnoN?) i mosT Hp\ve.noisseo H£R\ 1 1 I >ve JO ST Comt fßOr^ i QtV N«r,M»MM 0t0l w y Ilo>l
      39 words
Page thumbnail Page 24
  • Article, Illustration
    Lock icon US energy plan centres on domestic oil output
    589 24 Bush seeking to reduce dependence on imports Reuter US PRESIDENT George Bush has presented a new national energy strategy centred on pumping an extra 3.8 million barrels of oil a day from offshore oil fields by the year 2010 to reduce US
    Reuter  -  589 words
  • Article
    Lock icon S Korean opposition accuses Rohof involvement in scandal
    221 24 AFP SOUTH KOREA'S largest opposition party on Thursday came out with what it called evidence that President Roh Tae-Woo was involved in a bribery scandal, following reports that prosecutors suspected his party of a cover-up. Mr Roh flatly denied the charges. The
    AFP  -  221 words
  • Article
    Lock icon Japanese banks see limited impact from BIS proposal
    404 24 Reuter JAPANESE banks will not be seriously affectcd by a proposed change in international rules on capital adequacy but banks in the US will be hit hard, with credit further restricted, say economists in Tokyo. The Basle Committee on Banking Supervision, part
    Reuter  -  404 words
  • Article
    Lock icon UK government misleads EC in Rover sale, says inquiry
    304 24 Reuter THE BRITISH government and former trade and industry minister Lord Young misled Parliament and the European Commission (EC) over the sale of carmaker Rover to British Aerospace (BAc), a parliamentary inquiry said on Thursday. The government sold state-owned Rover to
    Reuter  -  304 words
  • Article
    Lock icon IMF approves US$900m loan package for Manila
    235 24 Reuter THE International Monetary Fund (IMF) has approved a US$9OO million (S$ 1.5 billion) loan package to revive the battered Philippine economy and help it ride out the Gulf crisis, Finance Secretary Jesus Estanislao said yesterday. About half the money would be paid
    Reuter  -  235 words
  • Article, Illustration
    Bleak year ahead for garments industry
    434 24  -  By John Tan THE TEXTILE and garments industry ended last year with zero growth, and the outlook for this year is no better. Mr Cheng Wai Keung, president of the Singapore Textile and Garment Manufacturers' Association (TGMAS), told Br that Singapore exported $2.04 billion
    434 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      6 24 Nikon The World's Finest Photographic Systems
      6 words
    • Advertisement
      Page 24 Advertisements Column 2
      161 24 Nikon The World's Finest Photographic Systems EVERY PERFORMANCE COMES ALIVE! Which performance venue would you like? c am DISCO You can have them all. big screen if projection will I I k Whatever your tastes, be it jazz, classical, poprock or watching movies, Yamaha DSP will set your tastebuds alive!
      161 words
Page thumbnail Page 25
  • Shipping Times
    • Article
      Regional Container Lines adds to fleet
      332 25  -  By Rahita Elias FEEDER operator Regional Container Lines has boosted its fleet further with a US$2.B million (Ss4.B million) purchase of a 16-year-old container ship for its South-east Asian service. RCL will take delivery of the ship from its German owners early next month,
      332 words
    • Article
      Lock icon Korean yard stopped from expanding: report
      281 25 AP THE Organisation for Economic Cooperation and Development (OECD) has intervened and foiled a South Korean shipyard's expansion plan, a news report said yesterday. The Korea Daily, quoting industrial sources, said that the Halla Group planned to expand its shipyard when it is relocated
      AP  -  281 words
    • Article
      Lock icon Merchant ships plying the Gulf in spite of hostilities
      722 25 THE GULF, W,M AP MERCHANT ships carrying oil and other cargo continue to ply the southern Gulf despite earlier fears that they and their crews were at risk in the Gulf War. More than half the southern Gulfs port capacity is
      AP  -  722 words
    • Article
      Lock icon EC aid package fails to satisfy airlines
      254 25 FT THE EUROPEAN Commission has approved a package of measures to help airlines bear the extra costs caused by the Gulf war. But the move appears neither to have satisfied an industry struggling through its worst crisis for decades, nor entirely to have
      FT  -  254 words
    • Article
      Lock icon Shipbuilding seen as recovering from crisis
      259 25 NYT THE SIGNING of a tanker construction contract between a major Japanese shipbuilder and an American petroleum shipper is being seen by shipbuilding industry officials in Tokyo as a sign that demand for shipping vessels is recovering from the negative effects of the Iraqi
      NYT  -  259 words
    • Article, Illustration
      Lock icon Beijing criticism could affect HK airport plan
      483 25 Reuter HONGKONG governor Sir David Wilson said on Wednesday that Chinese criticism of a port and airport project for the colony could add to its cost by souring the political climate. Speaking to the Foreign Correspondents Club of Hongkong, Sir David said investor
      Reuter  -  483 words
    • NEWS SUMMARY
      • Article
        Bombay seeks new bearings
        60 25 UNTIL last year, the profitability of Bombay's leading shipping companies, both private and state-owned, often outstripped their counterparts in Europe and the Far East. But with the Gulf crisis creating uncertainty, freight earnings arc under pressure. Bombay-based shipowners are also concerned about the lack of clear
        60 words
      • Article
        East German shipyard workers stage strike
        76 25 IN THE biggest labour protest since German unification, tens of thousands of angry workers demonstrated in a dozen towns on Wednesday against the threatened closure of east German shipyards. More than 20,000 workers marched through the Baltic port of Rostock to a rally outside
        76 words
      • Article
        Santos sacks 5,300 striking workers
        32 25 THE port authority of Santos, Brazil's biggest port, sackcd 5,300 of the 6,040 workers on strike since Feb 7, according to a port authority spokesman. Back Page
        32 words
      • Article
        Fire forces evacuation of Sovereign
        38 25 FIRE broke out early on Wednesday aboard the Sovereign of the Seas, one of the world's largest cruise ships, and more than 3,000 passengers and crew members were evacuated, officials said. Back Page
        38 words
    • LOG BOOK
      • Article
        Seoul to expand port facilities
        122 26 SOUTH KOREA plans to expand port facilities at a cost of five trillion won from 1992 to 2001, Korea Maritime and Port Administration officials said. "Due to lack of investment in port facilities in past years. South Korea has suffered difficulties in handling container cargo
        122 words
      • Article
        Floating object off Dubai
        95 26 A FLOATING object, possibly a mine, was spotted 70 miles off Dubai, close to the Fateh oilfield, Gulf shipping sources said. They said a vessel spotted a round, black object one mile off the ship and the United Arab Emirates navy was informed. The Bahrain-based Middle
        95 words
      • Article
        Marubeni in Thai box venture
        83 26 TRADING firm Marubeni Corp has joined a venture to manage container operations at a new container port at Laem Chabang, 120 km south-east of Bangkok. Eastern Sea Laem Chabang Terminal Co Ltd, capitalised at 50 million baht, is owned 20 per cent each by Marubeni
        83 words
      • Article
        Bulker to be towed
        54 26 THE PANAMANIAN bulker CSK Everest is to be towed to Richards Bay, South Africa after suffering main engine trouble in the Indian Ocean, Lloyds Shipping Intelligence reported. The 149,100-dwt carrier became disabled at latitude 345, longitude 75 47E, on February 19 while en route from Hay
        54 words
      • Article
        Boat capsizes in Indian Ocean
        55 26 SOME 64 people were missing after a boat capsized in the Indian Ocean off the coast of Zanzibar and mainland Tanzania last Thursday, Radio Zanzibar said on Wednesday. The radio said only a few bodies had been recovered and identified by relatives so far and
        55 words
      • Article
        Search for crew abandoned
        97 26 THE MARITIME Safety Agency said on Wednesday that it ended its search for 19 missing Indonesians without finding any sign of them or their 4,756-ton cargo ship, which apparently sank off central Japan. An official of the MSA, Japan's coast guard said patrol boats and planes
        97 words
    • Article, Illustration
      Lock icon Bombay seeks new bearings
      971 26  -  Until last year, the profitability of Bombay's leading shipping companies, both private and state-owned, often outstripped their counterparts in Europe and the Far East. But with the Gulf crisis creating uncertainty, freight earnings are under pressure. Bombay-based shipowners are also concerned about the lack of clear
      Lloyd's List  -  971 words
    • Article
      VERITAS BUNKER MARKET REPORT
      557 26 Feb IX DensrtyNater Rescue Ash Hkmwmm Sediment DensrtyWater Residue Ash Aluminum Sedroent M M E»on Euon RG/M*3% V/V 1 M M 'MM PPM method KG/M*3% V/V M M M M PPM method SI!? i» SI? Si? t—« 5jV j« 0.10 Northern Europe 180 Ave 9840 2
      557 words
    • Article
      THE SHIPPING GUIDE
      12958 34 This is a list of ships loading M at Singapore for ports around the world. It tabulates, by destination, the name of the n ship, the shipping line involved and the estimated s dates of arrival and departure h from the Port of Singapore. Advanced dates are
      12,958 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        631 41 Vessel Voy No Berth Arnvjl Depart** V«mI Voy No Berth Arrival Departtre Vessel Voy No Borth Armal Depart** VosmI Voy No Berth Arm* Doport*o Keppel Wharves Andaman Pees 02/91 (P) K36 alongside 2102/1700 Kris Madura 01W PIC 2102/1930 2202/1830 L Trader 1 910/N P2C 2202 0900 2202/1400
        631 words
      • Article
        CONTAINER SCHEDULE
        1323 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Sty Voy No Etb/Btr Period From To From Anro Asia ***** 23/1500 2 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1700 Amon *****N 22/1400 1 21/1500 21/1659 21/1900 As Princess 071 23/0800 3 22/0700
        1,323 words
      • Article
        IN MALAYSIAN PORTS
        351 41 Port Klang Berth at South Port on Feb 21: 1: Botany Transcedent; 2 Soon Hoe: 3: ml, 4 Sea Goddess II; 5 ml; 6 Hong Soon II. Blue Marine; /A. Jenwin; J.Shell: Petro Mewah KCT: 8 Uni Spring; 9 Anson; 10: Perkasa North Port: 11 ml; 12:
        351 words
      • Article
        DAILY FREIGHTS
        1140 41 mar**--*-. r* y* i "WM»' :m ffi OH -HW—»< THE DRY freight market continued buoyant on strong demand tor Panamax and Cape-sized vessels from the Pacific, dealers said on Wednesday. The Baltic Freight Index (BFI) rose to 1,654 points from 1,637 on Tuesday, maintaining its upward trend. Brokers
        1,140 words
    • Article
      Lock icon East German shipyard workers stage mass strike
      366 42 Reuter IN THE biggest labour protest since German unification, tens of thousands of angry workers demonstrated in a dozen towns on Wednesday against the threatened closure of cast German shipyards. More than 20.000 workers marched through the Baltic port of Rostock to a
      Reuter  -  366 words
    • Article
      Lock icon Santos sacks 5,300 striking workers
      126 42 Reuter THE port authority of Santos, Brazil's biggest port, sacked 5,300 of the 6,040 workers on strike since Feb 7, according to a port authority spokesman. "We announced in the local newspaper that those who did not return to work by 1300 today would be
      Reuter  -  126 words
    • Article, Illustration
      Lock icon Fire forces evacuation of Sovereign
      267 42 AP FIRE broke out early on Wednesday aboard the Sovereign of the Seas, one of the world's largest eruise ships, and more than 3.000 passengers and crew members were evacuated, officials said. There were no injuries reported. A cruise line spokesman said damage was confined
      AP  -  267 words
    • Article
      Lock icon Sixty four feared dead
      140 42 Reuter SIXTY-FOUR people are feared drowned after a passenger ship sunk between the Tanzanian islands of Zanzibar and Pemba. The Daily News, a Dar Es Salaam newspaper, reported on Wednesday that fishermen pulled two survivors from the Indian Ocean some 48 hours after the ship sank
      Reuter  -  140 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      182 25 Some Reasons For M SIMMS WEEKLY OVERSEAS EDmON s* v r f If. ,|gj£ <f AC- Vi if M **>■. a 4 i •> V i f?w > »-v ,<: For other reasons, send in your subscription now. 1 Please send I dame: name: I Address: Address: I I Occupation:
      182 words
    • Advertisement
      Page 25 Advertisements Column 2
      46 25 Your son is studying overseas. .And you want him close to home with news from home. -H*! A 1 /lUWs .3 m tr> f-: i ;v; lire «M*£w£- :'M f%. r i v TfclL^MAjj gL r'f'i f-** JN v«l Hi'-' v"., tT 31 1} a.« an
      46 words
    • Advertisement
      Page 25 Advertisements Column 3
      157 25 SSWEE HENG METAL CO PTE LTD IJ. TU A3 AVE M. SINGAPORE 2261 TELEX HS ***** 3MMCPL TEL: 861 MSs(shn*»| TELEFAX: Ml 2946 F<Mitng»ol hit ACtMT ro* ill Kir f lanflV-SO tanno* jfumU I»U 111 l il 'ElfcKlaMll IjHI kill' B«on Toqu* SMiJiroM. MALAfUA I C«w«lor lIIAILANO, VtOONViIIA •DmIIIM nirnrnm
      157 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      104 26 FOR WHO, WHAT, WHERE AND WHEN <rT CP IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on
      104 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      2370 27 JAROINE SHIPPING AGENCIES Cantonment Road #12 05 Suuthpomt. Sngaixire 0208 \lll#/ TELEX NO RS 24m WMKTTTWWk terminal Tei ***** m 220 bookings Tei *****34 m I L IW# 'fSAKA JAROINE SHIPPING AGENCIES SON PORT KELANG TEI *****18 TELEX MA***** MA***** PfNANG TEL *****4 TELEX NO MA***** CFS TEL *****6 D«>JuiltfJ
      2,370 words
    • Advertisement
      Page 27 Advertisements Column 2
      1319 27 MDEXi TjHDVEKTISERS P«®e Col Page Col l ine Fast Ptc 14 1 LincrShpg 16 3 ABC ontaincrlinc 13 5 Lizena 15 I Accord Group 8 1-3 Lloyd Brasilciro 12 2 APS 15 i Uoyd Tncstino 4 1/2 Ahrcnkicl Liner 16 3 Lucky Seaway 15 3 Albatros Sea-Air 14 3 Lykes
      1,319 words
    • Advertisement
      Page 27 Advertisements Column 3
      2876 27 MfllJ.MdrL-IMIIJIJ NEXT SHIPMENT TO HONGKONG AND JAPAN MATHILOE MAERSK V. 0104 ETA 28/2/91 Vessel Voi ETA ETD 'Port 'Penang Smaaoore Kelaoo DESTINATIONS Singapore Kelaog This week Matrukto Mwu 9104 Feeder by ojoo mrs m Faico 4 crs 1900 MRS M Tauro OAK LGB MOU MEM ATL MIA CMS BAL PML
      2,876 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1347 28 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ■■■■BH KOWLOON BAY 99/519 2212 13/3 17/3 12/3 12/3 I^JUJ THAMES 04/521 24/2 13/3 16/3 18/3 19/3 OSAKA BAY 90/522 28/2 19/3 23/3 18/3 ALL TOTBOUNOP CITY OF EDINBURGH 94'524 3/3 21/3 25/3 22/3 JOAJIG i HONGKONG EXPRESS 99/109 7/3
      1,347 words
    • Advertisement
      Page 28 Advertisements Column 2
      604 28 niRFET SOUTH PACIFIC SERVICE SIN NOU SUV PPT mi i L'IOHKWA 26-2N/2 11/3 13/3 19/3 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO APIA A NUKUALOAFA niRFCT CHILE SERVICE SIN lOQ ANF VAP CALLAO SAN (PERU) ANTONIO ISLA FLOREANA 26-28/2 1/4 3/4 6/4 7/4 8/4 Cjllm or Santiago vu
      604 words
    • Advertisement
      Page 28 Advertisements Column 3
      1465 28 &mms REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT EEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9051-3 27/02 17/03 18/03 22/03 23/03 24/03 25/03 26/03 27/03 JAPAN SEA 052W 07/03 29/03 30/03 03/03 04/04 05/04 06/04 07/04 08/04 NORASIA
      1,465 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      2067 29 rr""0 a lUWJ I VVBHWIJ SgSteamers Maritime Holdings Ltdjj k~3~PAO fITIV STRAITS SHIPPING 11 WfctiflL wV Pf J Singapore to Braaot, East Malaysia, I Containers BMt I *H «0 PKtof S[W« S'lOT HUul| 'Km UK .fruit I KOWLOON BAY 99,519 »101 16/02 2202 1903 1403 1203 1803 ALLtru uut wina
      2,067 words
    • Advertisement
      Page 29 Advertisements Column 2
      1754 29 f-n- U S A /PANAMA FM; U S A /PANAMA «.«-..".5S si Z s s asw." s Si H ?s f I 1 CMOtANC VICTOT* cr 110 10,« 2» «'J f*f AS" N SIV WA 107 31,1 2/2 4/2 M M<2 202 20|3 M^T«SioS"inu Ul »4 5M im In ctwan
      1,754 words
    • Advertisement
      Page 29 Advertisements Column 3
      425 29 STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I VESSEL CHAMPION TANJUNG COSMIC I TRADER EMAS CHALLENGER I VOY NO IS 14 5 I Spore SLO 25 2 8 3 I P Kelang SLO 6/3 I Penang I Yangon I Mongla I Chittagong I Calcutta I Yokohama I
      425 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      826 30 "B" H CR NBR **********0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY fsPORI ROAM AOAM H BURG BRtMtIM ANTWIRP TRIAS UNIIY 00AN6 i 83 9 4 14,4 19,4 12 4 SHIWIIAYA iIWB I 3/' l 6/5 1" 16/5 20 b FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement
      826 words
    • Advertisement
      Page 30 Advertisements Column 2
      767 30 iIJ HANJIN SHIPPING EEEDER VSL SIN LINE HAUL LAX OAK Spore LEH RIM ANR HAM BRV EEL CHOYANG VICFORY 002E 27'2 H POHANG 10/E 253 2113 HANIIN CHUNGMU O/.'W tl4 3 i .t 3 16 3 18 3 13 3 HANIIN SLAFIIE 01/ L 4 3 H TONCHAE OSIE 1/4
      767 words
    • Advertisement
      Page 30 Advertisements Column 3
      98 30 fK!\' POL (M) SDN BHD 35. Ist Mr., Jalan Cungah. Port Kelang 1 Tal: 3M9298. *****70 W M«l«y»t»'S pore lo E Sarvlca C HI. W5 W* ,u Pji.f c S»mud<» Y«1 W3 Ml J 'Jft! n J Chfunf Hng V»1 »»J l_i J ,#J U1 S.B.nJs.t"V*l I*l PC S PORE
      98 words
    • Advertisement
      Page 30 Advertisements Column 4
      1380 30 m fi j ,T -j .1 j P. SCP HKG KSG KLC PUS HKT OSK NCY SM2 TYO LAX CHS BAL NYC IHV ANN ROM THP HBG PSD CMS PKL SGP fl IC Rl Ob* In Pt Vl2 m 2/2 1,2 4 3 5 3 16 3 .>8 3 30
      1,380 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1593 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****1 6 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 Penang-(04) *****0, J.Bahru (07) *****3, *****4 <20 *****. Panjang (72.)
      1,593 words
    • Advertisement
      Page 31 Advertisements Column 2
      958 31 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 YtSSUS VOYAGt ISFOOt gMANIiA HUONG" VOYACf SPORt PKLANC HOURG I HAVEN TILOURY ROTT
      958 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1456 32 I 0 K LINE KAWASAKI KISfcN KAISItA, LTD. jj MXPORT N, AMERICA«PACIFIC SOUTH-WEST I I IMPORT N. AMERICA PACIFIC SOUTH-WEST j /Ws^ lKt s? sr 7/ s"sr 5 r k [si /MEDITERRANEA 777 7*7 23 MOOftLYN BRIOGE U 743 77 H, 14 »EN*YHBRIOCf 41 »1 57 72 177 MEDiItRRANEA 15
      1,456 words
    • Advertisement
      Page 32 Advertisements Column 2
      1139 32 PHIII-ORKNT UN€S PTC LTD 108 ROBINSON ROAD #0/00 GMG BUILDING SINGAPORE 0106 I TEL *****22/*****69/*****00 TELEX RS 28/20 PHILI FAX *****76/*****38 dj/ft BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION FEB MONTREAL, 25 FEB OUBAI, DAMMAN, SHARJAH, DOHA, ONTARI MUSCAT,
      1,139 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1515 33 PACIFIC INTERNATIONAL LINES (PTE) LTD B E MBI p,l Building, 140 Cecil Street *03-00, Singapore 0106. 1 JAKARTA 1 BANGKOK 1 VESSEL VOV SIN JUT SIN VESSEL VOY SIN BKK SIN Fncw aPnl 2?, SEA GLORY 9107 24/2 2713 4/3 kota lArw Q S INGENUITY 121N 24/2 27/2 J/3 2
      1,515 words
    • Advertisement
      Page 33 Advertisements Column 2
      1200 33 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE P KLANG S HAMPTON HAMBURG BHAVEN R DAM LHAVRE Kowtoon Bay" 99/519 In Pt 13/3 17/3 12/3 VIA RD Thames t 04/521 23/2
      1,200 words
    • Advertisement
      Page 33 Advertisements Column 3
      344 33 yrngmL MYANMA FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen PGdg PAGAN VI67W In Pt PATHEIN VIO9W In Pt sw LOIKAW VI69W In Pt HPA AN VltOW 26/21 Feb lO THE BANK UHI (A Mrvlc* of Andrew Weir Shipping) X\ SEMI-CONTAINER SERVICE \1 HEAVY
      344 words
Page thumbnail Page 34
Page thumbnail Page 35
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      812 36 DSR-SENATOR LINES] INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIM FIX BRV BD* ANT HBC LONDON SEN WFIW In Pt 22.3 20/3 1%3 23/3 SOHLAND **107 In Pt 21/3 22/3 THUERINGEN WMIOB 1/3 30.3 2»/3 31/3 27/3 JAPAN SEN Wflll 1/3 M H 3/4 2/4 BREMEN SEN
      812 words
    • Advertisement
      Page 36 Advertisements Column 2
      1028 36 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 24/2 ft 2/3 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 1/03 8/03 MANILA 23/02 4 2/03 PENANG 1/03 8/03 BUSAN 1/03 A 8/03 BANGKOK 25/02 29/02 TOKYO 28/02 4 2/03 HONG KONG
      1,028 words
    • Advertisement
      Page 36 Advertisements Column 3
      313 36 IW JE CONTAINER LINEI TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 2i12 i 2/1 TOKYO MI t 24/2 PORT KELANG 22/2 A 1/1 KOBE 24(2 i 1/1 PENANC 22/2 A 1/J NAGOYA 24/2 A 3/3 MANILA 23/2 A 2>/3 YOKOHAMA 24/2 A 3/3 BUSAN 21/2 A
      313 words
    • Advertisement
      Page 36 Advertisements Column 4
      1155 36 f W CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TELEX: RS ***** COSHIP I 2. MISTRI ROAD. HMC BUILDING FAX. *****tt #15 00 SINGAPORE 0207 CABLE: COSTARLINE CR NO **********0 M General Agents: CO6TAR SHIPPING TO EUROPE FWOM EUHQPE VtSStL/VOY SCP ROT HAM FIX *HT OKK VESSEL,VOY 55! HONOR
      1,155 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      732 37 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA All IPI Destn.s 25/2. 1/3 EUROPE all Ports 2/3, 9/3 BANGKOK 26/2, 2/3 HONGKONG/CHINA 25/2, 29/3 SYD, MEL, ADEL, BRIS 23/2, 28/2 EREMANTLE 27/2, 4/3 MANILA 1/3, 8/3 PKLG/PENANG 24/2, 3/3 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang
      732 words
    • Advertisement
      Page 37 Advertisements Column 2
      306 37 fig RICHFIELD MARINE AGENCIES (S) PTE LTD Sf TEL: *****33 (12 Lines) m FAX: *****15/*****03 fM TELEX: RS ***** RISHIP (3 Lines) |TC\ ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCfPTING FCL AND CONVENTIONAL VESStt IvOY ETA ILOADING FOR SPORE NET SANE T 30'03 OARESSAI AAM MOMBASA DJIBOUTI ASSAB
      306 words
    • Advertisement
      Page 37 Advertisements Column 3
      819 37 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEOER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY siw IkT PAi SIN PUL
      819 words
    • Advertisement
      Page 37 Advertisements Column 4
      857 37 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S PORE SYO MEL VESSEL VOY SINGAPORE "j BANGKOK PLANET* 0746 74 01/3 13 15/3 17 19/3 MAHA BHUM# 47N Sat 73 2 Tue 76/7 PIYA BHUM 0307 15-16/3 71 30/3 01 03/4 waNA BHUMs 03N Mon 25/2 Thu 2S/2 PLANITA 0447 30-31/3 U'l4/4 NANTA BHUM
      857 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      1229 38 MAC-NELS SINGAPORE EXPORT TEL: ******2 IMPDOT TEL 221»00F^| PENANG TEL (04) *****6 [kk TEL (088) *****0 j TAWAU TEL (089) //8679 (TTTrTTTTI P KELANG TEL (03) *****77 IKUCHING TEL (082) *****3 SKAN TEL (089) *****2 l~lVv\~ )j BAHRU TEL (07)*****2 IsißU TEL (084 *****2' LABU AN TEL (087) *****9 ==T
      1,229 words
    • Advertisement
      Page 38 Advertisements Column 2
      389 38 ffgfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI I FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCI. LCL FOR AUCKLAND. NAPIER. WELLINGTON. BLUFF. CHRISTCHURCH, DUNEDIN. LYTTELTON. INVERCARGIL. FIJI AND TAHITI SIN N PLY AUCK LYT MAHSURI OHO In Port 07 Mar Via NPI
      389 words
    • Advertisement
      Page 38 Advertisements Column 3
      806 38 /3£] THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vessel Iwt [eta [pest vtssa wit eta [kit KIM SOON LI 7/91E 28 FEB PENANG EQUATOR
      806 words
    • Advertisement
      Page 38 Advertisements Column 4
      328 38 A- INIOPieULKV norbulk cargo services ltd. V REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES X S»> *PK LOADING FOR I SOLSYN NB 124 In Port RDMM/ANT/NAN/UK I OCEAN TRAOER NB 125 In Port 21/2 SETE/RDN/ANT/UK V YARTSEVO NB 126 26*2 ROT/ANT/UK J ISWK/SABAH LOADING FOR I NBT-35 21/2 KANDCA KARACHI
      328 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      974 39 COMPANIA PERUANA de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Keljnig Singapore E Msi.i ROSIEVEREIT In PI/22 feb 23/25 Feb 28,1 Mar SHAPEAEVEREII 10,12 Mir 13(15 Mar KAMAIEVERtn 27/29 Mar JO
      974 words
    • Advertisement
      Page 39 Advertisements Column 2
      531 39 psT |voy Is pore Imainliner [lax Ikst Isav |nyc [hex fIM S'NGAPORE «t 71? 7IM >>USAN 75 3 J4 64 II 10 4 Z>M STONE* 173E HI ZIM PUSAN ZVJ 34 6 4 14 10/4 A VESSEL 77 7 ZIM PUSAN 75.3 1 4 6 4 14 10 4 ZiM
      531 words
    • Advertisement
      Page 39 Advertisements Column 3
      796 39 |Afl SING KWANG HANG SHIPPING I TRANSPORTATION (PTE) LTD WwMi WEEKLY LCL/FCL SERVICE [vESSFI 31 |S PORE JAKARTA SURABAYA RAJA BHUM VBIS ?3/? ?b/? fjENWEL V 166N |01'3 104/3 VESSEL 7~_ SPORE BANGKOK A VESSEL 27/2 0213 A VESSEL TOl/3 04/3 DESTINATIONS ETA SINGAPORE PORT KELANG 01 MAR MANILA 02
      796 words
    • Advertisement
      Page 39 Advertisements Column 4
      596 39 TUS PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASfcTIA 14/ A In Port 25/02 JATIDII« 920 23/0? 26/0? PHASfcTIA 149 A 28/0? 03/03 JATIDIHI 921 02/03 05/03 TANTO UTAMA 143 23/02 26/02 TAN TO UTAMA 145 04/03 07/03 TANTO UTAMA 147
      596 words
    • Advertisement
      Page 39 Advertisements Column 5
      424 39 SIN FAN EAST 24/2 KEELUNG/KAOHSIUNG 23/2 BANGKOK 3/3 MAN ILA/CEBU 23/2 JAKARTA/BELAWAN/SURABAYA 23/2 PORT KELANG/PENANG/E. Malaysia 3/3 BUSAN 26/2 TOKYO/YOKO/KOBE/NGO/OSA 24/2 HONG KONG S|N CHINA 24/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 23/2 LDN/FLX/LVP/SOU 23/2 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Polandißulgaria Czech. SIN USA/CANADA
      424 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      702 40 -at CB SHIPPING ii MARINE SERVICES NORTH QUEENSLAND PAPUA NEW GUINEA SERVICES CONTAINER/LCL/ BREAKBULK SERVICE "ANKE" SERVICE SPt TG lAE I'VIUt 11 V*> 3 1011 5 219 r is# P N.G BUNKER SURCHARGE TEU uso B BULK USD iOO LCL 1 >0 I*l I m Straits Container Agencies (,i member
      702 words
    • Advertisement
      Page 40 Advertisements Column 2
      953 40 kiihihhbi SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE KS VOI9IW 3/3/91 27/3/91 18/3/91 22/3/91 G M V 28CW90 3/3/91 24/3/91 MB VO3CW9I 4/3/91 24/3/91 25/3/91 30/3/91 V V V 02 91W 11/3/91 5/4/91 26'3/91 31/3/91 KVI VO4CW9I 17/3/91 11/4/91 12/4/91 17/4/91 IV VO3-91W 20/3/91
      953 words
    • Advertisement
      Page 40 Advertisements Column 3
      533 40 UUJicon -UJRV inTERmODfl(\ LCL/FCL SERVICE FROM f H ffil f £267 operates over 600 tarmlnala/officaa in UJSJL l I I Bnß jflßl m CUM maintein* over 35,000 tractors A truck*. II II /flS\ over 60,000 points in U.S.A. IJI (jjsßj HI CUM offar raliabla LCt/FCL aarvicaa. X. Gmril Afl»nt» -noiArt-r/ASAr
      533 words
    • Advertisement
      Page 40 Advertisements Column 4
      540 40 SETH SHIPPING CORP SON BHD LAAQi PT KLAUS TEL 03 3C751M jS Han) FAJ( *****11 V ft NANS TEL 04-6329 ?9 FAX 04 S3MB3 SKAN TEL OM-214U2 SIBU TEL: 0M 31M22 TAWAU TEL 089-77M79 KK TEL 081-*****0 KUCH TEL 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE FEEOtR VOV PEN PKI
      540 words
Page thumbnail Page 41
  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      631 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 15 20 25 28 28 26 22 1 7 13 09 0 7 0 7 08
      631 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      410 42 CHARTPOINT Every Saturday in Business Times pelhyaran. samudra agung KUALA SIAK IV 22/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 6/3 DUMAI/PEKAN BARU ABADI JAYA 5/3 DUMAI/PEKAN BARU KUALA SIAK V 28/2 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for
      410 words
    • Advertisement
      Page 42 Advertisements Column 2
      677 42 /HYUNDAI MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA 1 TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HUG SIN LALANDIA 38E 23/2 21/2 18/3 21/3 24/3 23/3 LALANOIA 37W 24/1 2HI 2911 14/2 23/2 CGM PASCAL 02E 2/3 7/3 25/3
      677 words
    • Advertisement
      Page 42 Advertisements Column 3
      694 42 ICHARTPOINTI Every Saturday in Business Times THE NATIONAL SHH**NG COMMIT Of SAUOt ARABIA Vessel S'pore P.K. Damman Dubai Jeddah ST. MAGNUS FEO2 26/02 04/03 11/03 (via Jeddah) SAUDI TABUK FEAO49 23/03 25/03 03/04 06/04 12/03 Singapore Malaysia SEGANI SDN BHD A**"** Rn KIM SHIPPING A TRADING PTE LTD SUBANC JAVA:
      694 words