The Business Times, 25 February 1991

Microfilm: NL17400
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday February 25 1991 75*
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  • NEWS SUMMARY
    • Article
      Massive show of support for Yeltsin in Moscow
      64 1 TENS OF THOUSANDS of people demonstrated in Moscow yesterday in support of rebel Russian Federation President Boris Yeltsin, facing a hard-line bid to oust him from office. The protesters, called onto the streets by the "Democratic Russia" group, marched to the Kremlin
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    • Article
      Poland set to get US$2b IMF loan
      43 1 POLAND has reached an "agreement in principle" with the International Monetary Fund under which it will receive a US$2 billion (553.4 billion) loan for the period from 1991 to 1993, the news agency PAP said yesterday.
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    • Article
      Tussle delays painting
      33 1 A TUSSLE between the Redhill Town Council and the Ministry of National Development has delayed the repainting of the HUDC estate ot Gillman Heights for some 16 months Page 2
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    • Article
      Boost from convention
      43 1 A FORTHCOMING major travel convention in April is likely to give a timely boost to the Visit Indonesia Year 1991 campaign, which is being affected by a loss of tourists from the West due to the Gulf war Page 7
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    • Article
      Precariously prudent
      40 1 SIGNS of slower economic growth are surfacing daily in Japan, but economists say that unlike the US recession, the slowdown in Tokyo shows that the authorities are guiding the economy along a correct but precarious path Page 8
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    • Article
      Warning on EC quotas
      34 1 A TOP European Community official has threatened legal action against EC states that keep national quotas on Japanese car imports after the trading bloc unifies its markets in 1992 FageS
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    • Article
      Opera pioneers
      36 1 PY VAN speaks to Leow Siak Fah and Choo Hwee Lim, directors of Lyric Theatre (Singapore) Ltd which has been formed with the idea of creating a professional opera company in Singapore Page 15
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    • Article
      Up to standards
      28 1 SHIP CLASSIFICATION societies are the latest entrants in the race to set and maintain standards prescribed by the International Standards Organisation. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Unit fund launched
      25 1 OCBC ASSET Management is launching a new unit trust fund today which will invest in international bonds and quality securities Page 3
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    • Article
      Injunction altered
      27 1 AN INJUNCTION against two former employees of Van der Horst has been watered down, allowing them more leeway to conduct their day-to-day business Page 3
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    • Article
      Green light
      22 1 PARAMOUNT Corp has gained approval from the Malaysian authorities to buy a luxury condominium project in Kuala Lumpur Page 3
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    • Article
      Luxembourg initiative
      39 1 LUXEMBOURG has made a first effort at setting out a treaty course to fixed exchange rates and eventually a single currency for the European Community, but diplomats say it falls short of an acceptable compromise Page 6
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    • Article
      Consensus in Tokyo
      37 1 MARKETS grown accustomed to public spats among Japan's central bank. Finance Ministry and business leaders over interest rates have something new to ponder these days an apparent consensus on the critical issue Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 680.50 +7.02 Kuala Lumpur ...554.68 +0.26 Hongkong 3,475.34 -2.27 Tokyo 25.902.81 -121.56 Sydney 1.386.7 +20.6 New York 2,889.36 -2.47 London 2,314.3 1.9
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI 7160 100 Yen SSI.3139 MS SS0.6359 Money market rates Overnight 5-1/2% +5/8 3-month 4-5/8 +1/16
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    • Article
      COMMODITIES
      37 1 London Gold am fix USS358.90 -US$2.60 Rubber S'pore Mar... l43.25'/kg -0.75 M'sia Mar.... 226.50»/kg -100 KL Tin Turnover 44 tonnes 111 Spot MS 15.05/kg -0.04 Crude palm oil Turnover 662 Iocs -619 Mar MS843 /tonne -4
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  • Article
    Gold Coin on the verge of becoming a 'cash shell'
    527 1  -  Local group to take control, make general offer By William Chia FEEDMILI GROUP Gold Coin Ltd is on the verge of being privatised with a difference: its major shareholders would buy over the business of the company and then sell
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  • Article
    Businesses hope Budget will provide respite
    483 1  -  By Kenneth James THE MESSAGE came through loud and clear: business costs are a definite worry, and with uncertainty bugging an already advanced slowdown of the world economy, any respite this Friday's Budget can offer will be welcome. But businessmen and analysts interviewed by
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  • Article, Illustration
    Lock icon Thai coup: army reassures business community
    397 1 Reuter, UPI THAILAND'S generals have moved quickly to reassure the public and the business community that their overthrow of the civilian government is not a mortal blow to the country's political and economic progress. Already, businessmen appeared to have shrugged off last Saturday's coup,
    Reuter,; UPI  -  397 words
  • Article, Illustration
    Lock icon Ground war gets off to successful start for allies
    483 1 THE Hi!IM Agencies THE COMMANDER of allied forces said the ground offensive to drive Iraqi troops out of Kuwait began with dramatic success yesterday, achieving its first day objectives in 10 hours. General Norman Schwarkopf told reporters in Riyadh, Saudi Arabia,
    Agencies; Reuter picture  -  483 words
  • Article
    The Power of the Triangle
    124 1 IN ANCIENT TIMES, it was believed that the triangle had great powers. Today, the economic cooperation between Singapore, Riau and Johor under the Growth Triangle concept appears to have demonstrated that there could be much truth in the ancient belief. The Growth Triangle, a special
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      159 1 IHF ""\Z7 1 VISIBLE/ DIFFERED, i IN I'ROHSSIONAI EVE CARE (HVKJf MM' W/A/ -v Plua Stneapura Liang Court a 'j Djimaru ™VJL Manna Square Sunglasses Counter «>< Aircraft Schedule 23 Market Reviews 18 World News 8 The Arts 15 Money Changer Rates 23 Commodities 22 Money Market 21 For market
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      10 1 Focus, Pg 9 L'S suspends aid to Thailand, Pg 7
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    • Advertisement
      Page 1 Advertisements Column 3
      157 1 I iBl Dulux THE BETTER PAINT Cautious trading expected today, Back Pg No long-term harm to oilfields, Pg 8 Air India struggles to stay afloat after loss of profitable Gulf sector, Shipping Times Pg 1 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when
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  • HOME NEWS
    • Article
      Govt ministries set their targets
      1008 2  -  Addenda to the Presidential Address By Anna Teo Vor a better •mblic service IME Ministry of Law will irsue three major computation projeets in the near lure for greater efficiency J better public service, lo improve the quality iid use of land-related information, land-related data
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    • Article, Illustration
      Redhill town council in tussle with MND over painting job
      560 2  -  By Carolyn Lim A TUSSLE between the Redhill Town Council (RTC) and the Ministry of National Development (MND) has delayed the repainting of the HUDC estate of Gillman Heights for some 16 months. The dispute, now brought into the open
      560 words
    • NEWS ROUNDUP
      • Article
        Lessons to be learnt from Gulf War
        155 2 SINGAPOREANS can learn three lessons from the Gulf War, according to Dr Tony Tan, the Minister for Education. In a speech last Saturday at the Sembawang Lunar New Year celebrations, Dr Tan said the Gulf War underscores firstly the importance of self-reliance. "The
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      • Article
        Corporate chief's visit
        76 2 THE PRESIDENT and chief executive officer of Dun Bradstrcet Software Services is on a visit to Singapore this week. He is accompanied by Michael Choukas, D&B Software's executive vice-president and Roger Evans, senior vice-president (Asia Pacific). The delegation will present the group's new initiatives in the region
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      • Article
        Ngee Ann-NUH joint course
        118 2 WITH the growing need for more medical technologists to support the medical industries, the Ngee Ann Polytechnic and the National University Hospital have formulated a pilot programme to jointly train diploma graduates majoring in medical laboratory science. This is Ngee Ann Polytechnic's first joint training programme
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      97 2 HOTEL HONG KONG ARE ttfeßv l furiflW^B g», *^-i*^B^jjjffc',. <- J _L> v_i B-r W *fr company V -*y >-•• SL L- »SBMk 'Ml also he rewarded hv staving in MlfljjMfr hotels and is pari of the Pan lie Place complex. Hong Kong's premier S, shopping and entertainment centre f'l
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      OCBC Asset Mgt launches global bond fund
      420 3  -  By Quak Hiang Whai OCBC ASSET Management today launches a new unit trust fund where the proceeds will be invested in international bonds and high quality interest rates securities. Savers Global Bond Fund is an open-ended unit trust which will give local investors
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    • Article
      Latest entrant Tat Lee yet to formulate its strategy
      332 3 DBS CHARITY I NViESiIiME NTRACE BESIDES offering a chance to contribute to charity, the DBS Charity Investment Race will also allow Tat Lee Bank the latest entry into the contest a chance to pit its investment management skills against its industry
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    • Article, Illustration
      Lock icon Longer term outlook bright for Malaysia's hotel industry
      449 3 MBT THE initial enthusiasm for hotels and the tourism industry in Malaysia may have been dampened somewhat by the Gulf war but prospects are still bright in the longer term, say analysts. The success of the Visit Malaysia Year (VMY) 1990 and
      MBT  -  449 words
    • Article
      Scope of injunctions against ex-VDH employees reduced
      565 3  -  Defendants allowed to carry on day-to-day business By David Gabriel THE HIGH COURT has reduced the scope of injunctions granted against two former employees of public listed company Van der Horst in November last year, freeing them to carry on day-to-day business. The
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    • Article
      Nod for Paramount to buy Regency Tower in KL
      318 3 PARAMOUNT Corp has obtained the Foreign Investment Committee (FIC) approval for the purchase of Regency Tower, a luxury condominium development in Kuala Lumpur, for M 559.5 million (5537.5 million) in cash. This purchase was in line with the group's aim of
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    • COMPANY BRIEFS
      • Article
        SES publishes new list of marginable securities
        88 3 THE STOCK Exchange of Singapore has published a new list of marginable securities, which has 173 counters, against the previous 186 companies. Among the new entrants are the newer listings like Hai Sun Hup, Pacific Carriers and Sime Singapore. Among those that were
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      • Article
        CIC okays Magnum issue
        66 3 MAGNUM Corporation said in a statement on Friday that the Capital Issues Committee has approved its special issue of 53,917,008 new ordinary shares of Msl each at Ms 2 per share to bumiputra investors and institutions to be approved by the Malaysian Finance Minister. Magnum said
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      • Article
        Arab-Malaysian forms unit
        68 3 ARAB-MALAYSIAN Merchant Bank Bhd has incorporated a new company called AMMB Factors Sdn Bhd which currently has a paid-up share capital of Ms 2. The paid-up capital would be subsequently increased to M 5200,000. It said AMMB Factors would be 100 per cent owned by Arab-Ma-laysian Credit
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      • Article
        Kesang's rights issue approved
        103 3 THE FOREIGN Investment Committee has approved Kesang Corporation Bhd's proposed rights issue of 47.30 million new shares of MSI each at an issue price of MSI.IO per share. It has also approved Kesang's acquisition of Tanjung Tuan Hotel from Tanjung Tuan Resort Development Sdn Bhd for
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      • Article
        Genting's new shares for listing
        43 3 GENTING Bhd's additional 80,000 new shares at 50 sen each, issued in relation to the employees' share option scheme for executives, will be allowed to be listed and quoted on the Kuala Lumpur Stock Exchange from Feb 27.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      81 3 Which hotel will you stay in, daddy? I A k ANA HOTEL SINGAPORE -Ml. l IIJ .1 I>.'. K. 1 1 1 1 ,„.s, I, i, \!IM\ K-N I'IM 1.-l >- 1-'-- Mortgage Finance For Homes In The UK, France, Australia, Canada, USA, etc BNP SINGAPORE PRIVATE BANKING Please contact
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Hyundai exporting Elantra cars to Europe
        90 4 HYUNDAI Motor Co has started to export its newly developed t'antra Subeompaet ear to Europe by shipping 653 units, a Hyundai spokesman said. Hyundai, South Koreas largest ear maker and a subsidiary ol the Hyundai Group, will ship a total 1,500 Elantras to European
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      • Article
        Marubeni to buy refined copper
        88 4 MARUBENI Corp will, this year, start to buy refined eopper from the Soviet Far East and sell used Japanese cars there, a company spokesman said. Marubeni has contracted to pay a total of US$3O million (5551.5 million) to Primorskij Mining and Concentrating Combinat for about
        88 words
      • Article
        Kyocera lowers profit forecast
        108 4 KYOCFRA Corp lowered its parent net profit forecast for the year to March 31, 1991, to 28.4 billion yen (***** million) from a previous piojection of 30.8 billion, against 26.06 billion in 1989/90, a company spokesman said. The integrated circuit ceramics package maker cut its current
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      • Article
        Iron lifts N Broken Hill's profit
        85 4 FORESTRY and mining group North Broken Hill Peko Ltd said a record performance from its iron ore operations helped boost group profit by 13 per cent to A 555.47 million (Ss7s million) in the half year to December 31. But on an equity accounted
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      • Article
        Nintendo's seven-for-one issue
        76 4 JAPANESE computer-game maker Nintendo Co Ltd will make a seven-for-20 bonus share issue on May 21 to shareholders registered as of March 31, the company said in a statement. The company's outstanding capital shares will increase to 141.67 million shares from the current 104.94 million Nintendo's share
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      • Article
        Write-downs a sound base
        96 4 PANCONTINENTAL Mining Ltd said the substantial writedowns which pushed it into the red in the first half ot the 1990/91 financial year would provide a sound base for its projects to operate profitably in the future. The company reported a net loss of A 583.73 million
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      • Article
        Samsung in plane engine deal
        105 4 SOUTH KOREA'S Samsung Aerospace Industries Ltd, a subsidiary of the Samsung Group, will export US$4OO million (SS6B4 million) worth of aircraft engine components over 15 years to the US. A company spokesman in Seoul said yesterday that Samsung was part of an international consortium led
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    • Article
      First Lepanto Corp share issue likely to do well
      535 4  -  From Al O Labita Jr in MANILA MANILA'S equities market is expected to perk up with the launching today by a Filipi-no-Singaporean joint-venture company of its 250-million-share stock market offering. Brokers say they expect an oversubscription of the shares worth 250
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    • Article, Illustration
      Lock icon Occidental in a fix in China
      386 4 Firm may have to give away problem-ridden project Reuter OCCIDENTAL Petroleum Corp faces the tough choice of either staying in China's biggest joint-venture project or giving it away to China, according to lenders to the project. "What Occidental is trying to do is sell
      Reuter  -  386 words
    • Article
      Palmco to build township under joint venture
      396 4  -  From James Shyong in PENANG PALMCO Bina Sdn Bhd, a member of the Palmco group of companies, is to spend MS2SO million (S$ 159 million) to jointly develop a 138hectare site at Sungei Ara in Penang into a comprehensive and self-contained township. General
      396 words
    • Article
      HK brokers slam watchdog body over losses
      285 4 THE SKIRMISHES between some Hongkong brokers who suffered in the International Tak Cheung (ITC) affair had moved on to a new plane, with the Securities and Futures Commission (SFC) being dragged in, reported the South China Morning Post last Friday. For the first
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    • Article
      Lock icon ANZ predicts stagnant profits for Aussie firms
      415 4 Reuter AUSTRALIA'S top companies will report stagnant profits in 1990/91 because of the fragile state of the economy and many remain vulnerable to high debt levels, a survey by Australia and New Zealand Banking Group said. But the bank's February corporate sector outlook
      Reuter  -  415 words
  • Page 4 Advertisements
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      1030 4 O STATE BANK OF INDIA (INCORPORATED IN INDIA) Central Office Bombay 400 021, India BALANCE SHEET AS AT 31 ST MARCH 1990 CAPITAL AND LIABILITIES I»O«nrupees PROPERTY AND ASSETS ,ND,anrupees r 1) Cash in hand and with Reserve Bank 9388.91.37,***** 2.00.00 000 shares of Rs 100 each 200.00.00.000 00 onc.ud.ng
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon UK criticises EC draft directive on takeovers
      300 5 Reuter THE UK government said the EC Commission's draft directive on takeovers represented a threat as well as an opportunity and asked for further improvements. Corporate Affairs Minister John Redwood said in a statement the EC needed a regime preserving the flexible aspects
      Reuter  -  300 words
    • Article
      Lock icon Back-office plan off between Prudential and Shearson
      404 5 Reuter TALKS BETWEEN Prudential Securities Inc and American Express Co's Shearson Lehman Brothers Inc about merging their "back-office" operations have broken down. Both firms declined to comment. But Wall Street sources who are familiar with the talks said they appeared to have reached
      Reuter  -  404 words
    • Article
      Lock icon Analysts expect Unilever profits to rise only 5pc
      451 5 Reuter ANGLO-DUTCH conglomerate Unilever plc-NV is likely to close its books for 1990 with a modest profit growth of around 5 per cent in guilder terms, Dutch analysts said. They expect the food-to-detergents concern to report a 1990 net profit of between
      Reuter  -  451 words
    • Article
      Lock icon Sucden chief's move popular with rivals
      225 5 Reuter EUROPEAN commodity traders say they hope the withdrawal of Sucres et Denrees' (Sucden) chairman Serge Varsano from day-to-day trading will mean the firm adopts a more conservative strategy and leave them more room for manoeuvre on the world market. Given the difficult period
      Reuter  -  225 words
    • Article
      Lock icon Developer faces bankruptcy petition
      169 5 Reuter FOUR New England banks have petitioned the US Bankruptcy Court to force David Laßoche, developer, bank stock speculator and chairman of NECO Enterprises Inc, into Chapter 11 bankruptcy, said a spokesman for Dartmouth Bancorp. The petitioners are Dartmouth Bancorp, with claims totalling US$4 million (SS6.B
      Reuter  -  169 words
    • Article, Illustration
      Lock icon Paris aid to Air France likely to kick up storm
      610 5 Reuter FRANCE'S decision to inject two billion francs (about SS6BO million) into stateowned Air France flies in the face of efforts to liberalise Europe's airlines and is likely to kick up a storm with European Community regulators. "There is going
      Reuter  -  610 words
    • COMPANY BRIEFS
      • Article
        Japanese computer firm bytes Pravda back
        102 5 A MAJOR Japanese computer software and publishing firm has sent a letter of protest to the editor of Pravda in response to a recent article in the Soviet newspaper accusing the company of illegally acquiring about 800 computer programs from Soviet citizens. The letter
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      • Article
        Brent Walker extends debt talks
        102 5 BRENT WALKER GROUP pic said it had extended talks with its bankers regarding the restructuring of its bank debt. Extra time was needed to deal with the judgment against Brent Walker over its £50 million acquisition of Grand Metropolitan pic's William Hill. On Feb 1,
        102 words
      • Article
        Volvo to raise car prices
        55 5 SWEDISH car maker A B Volvo said it had raised suggested retail prices on 1991 models by 1.8 per cent on a sales-weight-ed basis. The company said the increase, effective on all cars sold to dealers after Feb 18, was driven by increased production costs
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      • Article
        New oil well off China
        97 5 TEXACO INC said oil was discovered off the China coast in the South China Sea by ACT Operators Group, operator for Agip Ltd, Chevron Corp's Overseas Petroleum Ltd and Texaco Petroleum Maatschappij, its Netherlands subsidiary. The exploratory well tested oil from three separate zones at
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      • Article
        Asset sale talk fans Unisys stock
        94 5 UNISYS CORP shares traded actively last Friday amid more speculation it may sell off assets soon, traders and analysts said. Shares climbed 1/8 to 4-1/8. The renewed rumours swelled volume to 1.4 million shares. The computer firm's stock has edged up recently on rumours
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      • Article
        Hagemeyer expects better profit
        93 5 TRADING GROUP Hagemeyer NV should post 1990 net profit of between 64.4 million and 67.0 million guilders (about 5568.3 million) against 54.4 million in 1989. The dividend is seen between 4.25 and 4.50 guilders, up from 4.00. Hagemeyer, in which Hongkong's First Pacific Co Ltd holds
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      72 5 TAIPEI h International Sporting Goods Show April 26-30,1991 Come let Taiwan work magic for you! Featuring equipment for 0 Golf Tennis Other racquet sports Physical fitness weight training Vtater sports Team sports Skating skiing Billiards, darts, martial arts Outdoor activities Also including sportswear, shoes, bags, timing dexices. Organiser CHIN* EXTERNAL
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Taiwan issues more certificates of deposit
        89 6 TAIWAN'S central bank issued certificates of deposit (CDs) tor the third straight day on Friday, boosting annual interest rates in an effort to soak up excess liquidity after the Lunar New Year holidays, an official said. The central bank floated NT$25 billion (S$ 1.57
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      • Article
        Bangkok Bank optimistic
        64 6 BANGKOK Bank Ltd expects its net after-tax profit to rise to 5.67 billion baht this year from 4.69 billion in 1990 and 2.47 billion in 1989. The biggest Thai bank said in a report to the Stock Exchange of Thailand that Bangkok Bank's net profit is likely
        64 words
      • Article
        France may scrap daily fix
        79 6 THE BANK of France is considering scrapping the daily official fixing session and replacing it with indicative rates that it would glean from a sample of Parisian banks, an official said. The central bank published similar reference rates on Friday after the fix had to
        79 words
      • Article
        Lloyds hit by provisions
        65 6 LLOYDS Bank pic's 1990 profits were severely hit by provisions for domestic bad debts and the bank's chairman Sir Jeremy Morse said similar loan loss reserves could be needed this year. "We must not be surprised if (provisions) figures for 1991 are the same as for
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      • Article
        Prudential defends itself
        68 6 PRUDENTIAL Insurance Co of America said an article in Business Week magazine "erroneously implies" that the company's Prudential-Bache brokerage unit faces substantial losses due to litigation involving investments made by customers. The company said its brokerage unit, which as previously announced is changing its name to Prudential
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      • Article
        Regular Asia-Pac meetings
        39 6 CENTRAL banks in the Asia-Pacific region are expected to meet at least once a year from 1992, and probably every quarter, raising the possibility of forming a regional "Group of 10", Jiji Press said on Friday.
        39 words
    • Article
      Lock icon Luxembourg in bid for compromise EMU treaty
      628 6 Reuter LUXEMBOURG has made a first effort at setting out a treaty course to fixed exchange rates and eventually a single currency for the European Community, but diplomats in Brussels said it falls short of an acceptable compromise. The Luxembourg presidency document which
      Reuter  -  628 words
    • Article, Illustration
      Lock icon US banks shop for foreign cash
      472 6 AP CITICORP'S move to sell a big chunk of stock to a Saudi prince is a dramatic illustration of how the US banking industry is shopping overseas for rich investors to help salvage damage from big loan losses. Even though bank stocks are rising,
      AP  -  472 words
    • Article
      Lock icon Japanese appear to be in rare consensus on interest rates
      560 6 Reuter MARKETS grown accustomed to public spats among Japan's central bank, Finance Ministry and business leaders over interest rates have something new to ponder these days an apparent consensus on the critical issue. But economists say the unusual calm on
      Reuter  -  560 words
    • Article
      Lock icon Twenty-nine banks in US$800m China highway loan
      270 6 Reuter A TOTAL of 29 banks have joined the US$BOO million (551.36 billion) loan to finance a super-highway linking the Chinese southern city of Canton with Hongkong, an official of arranger Wardley Capital Ltd said. The general syndication period of the 12-year loan,
      Reuter  -  270 words
    • Article
      Lock icon HK emigre faces money laundering rap
      730 6 NYT ERNEST LIU, a former account officer for Citibank, was so good at opening new accounts for the bank that in 1986 he was named his unit's "Salesman of the Year". But US federal law enforcement officials say that Liu had a simple formula
      NYT  -  730 words
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      237 6 TKLHPHONK: 730-5937/5902/5942 FAX: 734-4982 Join the World's 1 Team Senior lYansactor (Syndications Asset Sales) International Banking Finance Group The Syndications Asset Sales Unit is part of the South Asian Team which covers Singapore, Malaysia, Indonesia, Thailand and India. Being the 1990#1 Arranger of Singapore Loans(AsiaMoney) and the world's #1 lead
      237 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      A timely boost for Indonesian tourism
      321 7  -  Pacific Area Travel Association convention From Suzanne Soh in JAKARTA A FORTHCOMING major travel convention in April is likely to give a timely boost to the Visit Indonesia Year 1991 campaign, which is being affected by a loss of tourists from the West due
      321 words
    • Article
      Lock icon US suspends economic and military aid to Thailand
      221 7 Reuter THE United States has suspended economic and military aid to Thailand following the military coup in the country on Saturday. State Department spokeswoman Margaret Tutwiler said in a statement that the decision was designed to express US opposition to and condemnation
      Reuter  -  221 words
    • Article
      Lock icon Portugal takes Australia to court over oil accord
      243 7 AP PORTUGAL lodged a complaint with the International Court of Justice against Australia on Friday to contest a treaty between Australia and Indonesia to divide oil resources in the Timor Gap. The treaty covers an area of the Timor Sea between northern
      AP  -  243 words
    • Article
      Lock icon Cambodian jute firm continues work amid war
      484 7 AFP A PRIVATE ARMY of 400 men protect the Kampuchea Jute Co Factory, a showpiece of local industry and monument to Cambodia's liberalising economic policies. A small room in the administrative block bristles with weapons. Rockets, grenades, heavy machine guns and racks of
      AFP  -  484 words
    • Article, Illustration
      Hyatt's new hotels in Jakarta, Bali likely to benefit
      283 7 THE HYATT International hotel chain is banking on April's travel mart and conference to give two of its new hotels in Indonesia a good headstart. The Pata mart will be held in Jakarta from April 4, followed by two conferences in
      283 words
    • NOTE BOOK
      • Article
        Odds set against peace in Cambodia
        75 7 THE LIFE of the average Cambodian has improved in the past six months, but odds for peace this year remain less than even, according to a senior Japanese diplomat. Yukio Imagawa, minister at the Japanese Embassy to Thailand, said before leaving Phnom Penh on
        75 words
      • Article
        HK-China airport talks 'useful'
        47 7 CHINA and Hongkong concluded a third round of "useful and substantive" talks on Saturday on the British colony's controversial airport plan, the official Xinhua News Agency said. The three-day talks apparently were held in a friendlier atmosphere than the previous round last month.
        47 words
      • Article
        M'sia-Romania deals likely
        75 7 MALAYSIA and Romania are expected to sign several important economic agreements during the visit of Romanian Foreign Minister Adrian Nastase to Kuala Lumpur beginning tomorrow. A Wisma Putra statement said Mr Nastase will co-chair the fifth meeting of the Malaysia-Ro-manian Joint Commission, apart from holding talks with
        75 words
      • Article
        Suharto's advice to farmers
        77 7 PRESIDENT Suharto told Indonesian farmers on Saturday to grow other crops in areas where rice does not grow well because of dry weather, Agriculture Minister Wardoyo said. He said after a meeting with President Suharto that dry weather may cause a fall in Indonesia's rice output
        77 words
      • Article
        Discarding extra posts
        34 7 CABINET members and other officials in the government of Philippine President Corazon Aquino are to discard other positions in compliance with a Supreme Court order, a presidential spokesman said on Saturday.
        34 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      192 7 ARE YOU GETTING THE RIGHT FINANCIAL Any business can grow, but it's the care and attention And with the latest systems and service support, showered on it that makes a business bloom. our experts have the right tools to provide the right And that takes the "green fingers" of a
      192 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Canadian inflation rate up by surprising margin
        101 8 CANADA'S inflation rate jumped in Januaiy as a new, controversial goods-and-services tax kicked in, surprising economists at the size of the rise during a deep recession. Figures released last Friday showed that the annual rise in the consumer price index jumped to 6.8
        101 words
      • Article
        Solidarity picks new head
        61 8 A LITTLE-KNOWN, politically independent member of Poland's Solidarity trade union, Marian Krzaklewski, has replaced Lech Walesa as its leader after winning 51.3 per cent of the votes at a special congress in Gdansk. Mr Krzaklewski, 41, a computer expert from Silesia, beat Lech Kaczynski, the union's
        61 words
      • Article
        Civic Forum splits into two
        88 8 CZECHOSLOVAKIA'S ruling Civic Forum movement split into two last Saturday but agreed to maintain the coalition until the next general election in June next year. Civic Forum chairman Vaclav Klaus said in Prague the split arose because part of the movement refused to become a
        88 words
      • Article
        S African-Belgian accord sealed
        58 8 THE SOUTH AFRICAN Chamber of Business and the Federation of Belgian Industries have signed an agreement on economic cooperation. The South African news agency Sapa said last Friday that the agreement provided for promotion of bilateral trade relations, distribution of information of mutual interest, promotion of
        58 words
      • Article
        Italy wants UN council widened
        57 8 ITALY will propose that the United Nations Security Council be expanded to include itself, Germany and Japan as permanent members, Italian Foreign Minister Gianni De Michelis was quoted last Friday as saying in a magazine interview. There are currently five permanent Security Council members: the
        57 words
      • Article
        Yugoslav panel to study future
        107 8 LEADERS of Yugoslavia's six republics have decided to impanel a group of experts to examine different visions of the future of Yugoslavia, which is in on the verge of breaking up. After the group completes its work, the collective federal presidency should then "propose the
        107 words
    • Article
      Lock icon EC warns against national car import quotas after 1992
      390 8 AP A TOP European Community official has threatened legal action against EC states that keep national quotas on Japanese car imports after the trading bloc unifies its markets in 1992. EC Competition Commissioner Sir Leon Brittan warned last Saturday that such
      AP  -  390 words
    • Article
      Lock icon Bush asks Congress for US$15b more
      313 8 THE ,GULF amn Reuter PRESIDENT George Bush has asked Congress for US$l5 billion in additional spending through March to cover the US share of a Gulf War that is costing more than US$l.7 billion a day in additional spending. White House Budget Director Richard
      Reuter  -  313 words
    • Article, Illustration
      Lock icon No long-term harm to oilfields
      545 8 Analysts expect Kuwait to resume production in relatively short order Agencies THERE WILL BE no irreversible, long-term impairment of Kuwait's oil production capacity even il Iraq succeeds in destroying most of its wells and associated facilities, say oil experts. Industry officials and petroleum engineering specialists
      Agencies  -  545 words
    • Article
      Lock icon How low can crude go, analysts wonder
      354 8 AP BEFORE the war with Iraq began, everyone was wondering how high oil prices could fly. Now, the oil market is more like a limbo dance, with traders wondering how low crude can go. The magic number many analysts are looking at seems
      AP  -  354 words
    • Article
      Lock icon Bush determined to leave Saddam powerless: analysts
      417 8 AP US PRESIDENT George Bush's ultimatum to Iraq last week, before launching the allied ground offensive, had seemed designed to force Saddam Hussein out of Kuwait in humiliation and leave him incapable of threatening his Middle East neighbours for years to come. US
      AP  -  417 words
    • Article
      Lock icon Cautious welcome for Japan's economic slowdown
      465 8 AP SIGNS of slower economic growth are surfacing daily in Japan, but economists say that unlike the US recession, the slowdown in Tokyo shows that the authorities are guiding the economy along a correct but precarious path. "This slowdown in economic growth is welcome
      AP  -  465 words
    • Article, Illustration
      Lock icon Soviet premier tries to mend links with West
      423 8 FT SOVIET Prime Minister Valentin Pavlov has sought to rebuild bridges with Western businessmen after accusing Western banks and foreign companies last week of involvement in a large-scale rouble scandal aimed at destroying the Soviet economy and overthrowing the government. Speaking to
      FT  -  423 words
    • Article
      Lock icon German coalition yet to reach accord on higher tax details
      284 8 Reuter CHANCELLOR Helmut Kohl's coalition parties want to raise taxes by at least 22 billion marks (about 5525.5 billion), but have so far failed to agree on a detailed package. Christian Democrat, Christian Social Union and Free Democrat leaders, including
      Reuter  -  284 words
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  • FOCUS
    • Wanted: a kind Budget for hard times
      • Article, Illustration
        Briefly...
        580 9 MANY companies are transferring their operations from Singapore to Malaysia or Indonesia because operating here is not profitable anymore. During the transition period, the company's profits will be reduced due to the high costs incurred in shifting. Perhaps the government could help companies involved in such relocation through some
        580 words
      • Article, Illustration
        Address concern over costs and competitiveness
        382 9  -  Kenneth James and Anna Teo ask some people in business what they wish to see in this year's Budget Kenneth James,Anna Teo IN A YEAR when growth is expected to slow substantially, businesses are looking for pro-growth rather than anti-inflation policies, says financial analyst
        382 words
      • Article, Illustration
        Internationalise the economy; keep manufacturing strong
        844 9 IT WOULD BE interesting to see if the Budget moves in tandem with what the President has set out in his opening address to Parliament, if it "strikes out in a dramatic fashion to achieve Singapore's long-term goals," says Jen Shek Voon. director, Ernst
        844 words
      • Article, Illustration
        Need to stimulate local demand
        334 9 GIVEN the expected slowdown in both external and domestic demand, the 1991-92 Budget will need to be stimulative, says fiscal specialist Mukul Asher. Dr Asher. associate professor at the National University of Singapore, says both tax and expenditure instruments will be needed to provide the
        334 words
      • Article, Illustration
        Please, Dr Hu — ease our labour pains!
        256 9 Please, Dr Hu ease our labour pains! SEVERAL sectors, from some parts of manufacturing to the retail and tourism sectors, remain strongly dependent on labour; and with local workers in short supply, some dependence on foreign labour cannot be avoided, even with the best of intentions. some argue. Food and
        256 words
      • Article
        Help local businesses expand overseas
        269 9 PATRICK Ngiam, executive chairman of Essex Electric, is one of a growing breed of local entrepreneurs with their sights set firmly on overseas markets. On Mr Ngiam's wishlist arc measures that will help companies deflate higher operating costs and help Singapore firms, particularly SMEs, that
        269 words
      • Article
        Build a corporate base for a cultured society
        362 9 A REVIEW of the entertainment tax system may help the arts and cuitural scene bloom and flourish, says Andy Lim, executive director of Meeting Planners, a company that organises conferences and promotes cultural and entertainment shows. Broadway and London's West End shows
        362 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      76 9 DOONESBURY BY GARRY TRUDEAU SIR, IF THE PRESS ASKS YOU ITS TEXTBOOK NIXON, OF COURSE ABOUT THE PRUMMJN6 70PAY, INNUENDO 10-A BUT IT'LL fjjjiWtn H CAN'T ME MP JUST JUST SAY YOU RESPECT AIL Pfc~ KEEP THE PROTESTERS OFF- f\ JJ Kf^W o AT LEAST BE PLAY INO SENTERS, EVEN
      76 words
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  • SPORTS 1
    • Article, Illustration
      Oh, what a fantastic feeling
      717 10  -  By Cassandra How A RELAXED frame of mind. That was the secret of Jack Kay's success at the Epson Singapore Open Golf Championship 1991 yesterday. He said he and his wife Christie spent the night before relaxing by watching the Chingay parade along Orchard Road.
      717 words
    • Article, Illustration
      An ill wind that blew TC's way
      362 10 FOR family man Chen Tzechung (or TC as he is popularly known), it came as a bitter disappointment not to win the Epson Singapore Open. He missed the cut here last year, but two brilliant rounds of 69 gave him a glimmer of
      362 words
    • Article, Illustration
      Lock icon Can Stich undo Lendl in final?
      706 11 Volvo Indoor tournament AP DEFENDING champion Michael Stich of Germany used a punishing service game to overpower American Michael Chang 6-2, 6-2 on Saturday night and earn a berth opposite Ivan Lendl in the final of the U*****,000 Volvo Indoor tennis tournament in Memphis.
      AP  -  706 words
    • SIDE LINES
      • Article
        Novotna faces Smith in Slims final
        108 11 TOP SEED Jana Novotna of Czechoslovakia defeated qualifier Lisa Bonder-Kreiss 6-4, 6-1 on Saturday to advance to the finals of the US$l5O,OOO Virginia Slims of Oklahoma tennis tournament. In last night's final, Novotna was to face No 5 seed Anne Smith of the United
        108 words
      • Article
        Faldo tops Masters' entries
        80 11 BRITAIN'S Nick Faldo, who last year became the first player in 25 years to win back-to-back Masters championships, headed the list of 94 players on Saturday invited to play in this year's tournament. Faldo, considered the world's best player, will be seeking an unprecedented third straight
        80 words
      • Article
        Better competition
        86 11 BECAUSE the International team is better this year, the Chrysler Cup is better, too. The United States has dominated the Senior Tour tournament the past three years but barely managed a split in Saturday's four team best-ball stroke play matches. Both US victories were by a single stroke.
        86 words
      • Article
        Mauri regains lead
        70 11 SPANISH rider Melchior Mauri regained the overall lead on Saturday following the time trial of the fifth leg of the 49th Tour of Valencia. Danish rider Soren Lilholt sprinted to victory earlier in the road race. Frans Maasen of The Netherlands won the 15.5 km time trial
        70 words
      • Article
        War of words
        149 11 A WAR of words erupted between Pakistan squash legend Jahangir Khan and Australian stylist Rodney Martin on Saturday after a bitter quarter-final* confrontation in the US$llO,OOO Welsh Classic. Jahangir accused the world number five from Sydney of persistent obstruction during his 11-15, 15-10, 15-11, 15-11 success. But
        149 words
      • Article
        Gautier holds on to lead
        73 11 FRENCHMAN Alain Gautier, taking the most southerly route of the 18-boat fleet, has maintained his impressive lead during the third leg of the BOC round-the-world yacht race to Uruguay. Reports received from organisers in Sydney yesterday said that Gautier, 28, was reported to be within
        73 words
      • Article
        White in last 16
        45 11 JIMMY WHITE, British Open champion in 1987. discarded his new disciplined approach to the game but still beat Danny Fowler 5-3 to reach the last-16 in Derby. White played a number of reckless shots, but Fowler, however, failed to take advantage.
        45 words
    • Article
      Lock icon Chavez eyes two possible bouts
      284 11 UPI JULIO CESAR CHAVEZ, who holds two junior welterweight titles, may move up in weight by September to fight a re-match with Meldrick Taylor, who has become a welterweight champion since losing their controversial bout last March. The 28-year-old Chavez said in a weekend interview
      UPI  -  284 words
    • Article, Illustration
      Lock icon Sheehan clinches LPGA Hawaiian Open
      407 11 UPI. AFP PATTY SHEEHAN shot a 2-under-par 70 to win the U*****,000 Hawaiian Ladies Open by three strokes over defending champion Beth Daniel on Saturday. Sheehan opened the round with a two-stroke lead over Daniel, and the winner finished the 74-hole tournament at 9-under 207.
      UPI.; AFP  -  407 words
    • Article
      Lock icon NZ in strong position against Sri Lanka
      256 11 AFP NEW ZEALAND held a strong lead of 213 runs with eight second innings wickets in hand at close of play on the third day of the second Test against Sri Lanka in Hamilton yesterday. New Zealand dismissed Sri Lanka for 253 shortly
      AFP  -  256 words
    • Article
      Lock icon Whitaker batters Jones for title
      312 11 AP PERNELL WHITAKER, despite fighting part of the bout with an injured left hand, scored a lopsided 12-round unanimous decision on Saturday night over Anthony Jones to retain his undisputed lightweight title in Las Vegas. Whitaker won every r ound on the cards of two
      AP  -  312 words
    • Article
      Lock icon Haas grabs her first skiing victory
      166 11 AFP ANJA HAAS upstaged a comeback bid by her teammate and World Cup holder Petra Kronberger yesterday when she won the downhill race for her first triumph on the premier Alpine skiing circuit in Furano, Japan. The 19-year-old member of the Austrian B-team gunned
      AFP  -  166 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      36 11 <fj>maruman 0 lIIUII to mm 1 m\\\ °M "H o H H Rwfl -4 Bn o S3 -n Hfiß 3 in o H: JB? alw #/4J^ Strong Super Ranee Available m R" "S" Shafts $850 each
      36 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Lock icon Worry over legal risks overseas
      563 12  -  Shingo Miyake reports on the consultancy business in Japan Shingo Miyake The Japan Economic Journal JAPANESE companies which produce or market goods and services overseas are spending more time in court these days. Products liability and legal accountability have become major buzz words and Japanese
      The Japan Economic Journal  -  563 words
    • Article
      MEMOPAD
      300 12 Seminars and courses Duration Title Venue Or**" Jan 8- Program SMA House The Singapore *****87 Mar 12 Certificate In Maminetuiers Purchasing Skills Association ,,***** Jan 14 Training Within SMA House Singapore Mar 4 Industry For Manufacturing Supervisors Association Jan 15- Import Export SMA House Singapore *****87 Mar 19 Documentation
      300 words
    • Article
      Lock icon Profit-sharing may be linked to age
      646 13  -  There is a new approach to pension schemes in the US as more companies adopt age-based plans. Jan Rosen reports Jan Rosen NYT American corporations in ever-growing numbers are cutting back or eliminating pension plans, leaving older employees who had counted on comfortable retirement
      NYT  -  646 words
    • Article
      Lock icon These boots are made for conquering
      547 13 A look at the philosophy behind the Timberland company The Economist IF MORE American craftsmen were like the Swartz family, the country's protectionist lobbyists would have nothing to do. Founded by grandfather Nathan Swartz and now run by his son Sidney and grandson Jeffrey,
      The Economist  -  547 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      134 12 <% //i i v v <\^ s^^ <<" r^o 1 V *•> A \c£ ®%W. IAMi *ef> 2\S X <gvcvv N. 1 V\ v.* »sSSii I^^^9^«vRS9KHHHmk9i^IInMRSI9!II^^HHHR Put round-the-world free access EM| into your phone. Mi Now, you can hear the opportunities around the world CALL-FREE KHk The Call-Free Singapore facility
      134 words
    • Advertisement
      Page 12 Advertisements Column 2
      55 12 Management Consultancy SI/ II I T I• Seminars And Training ■till I JO*K Business Assistance I L L I L l\ Manpower Recruitment CONSULT A N I S Business Centre Direct Mailing 2 powerful facilities from the Inti Toil-Free Service that provide a c advantage for international bus 4 Singapore
      55 words
  • Page 12 Miscellaneous
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      11 13 )m the International rovide a competitive tional businesses, j "elecom 'inett
      11 words
    • Advertisement
      Page 13 Advertisements Column 2
      140 13 Give round-the-world free access to your fax machine, around-the-clock. Fiy EDB B Now y° u can capitalise on global opportunities, 24-hours a day. riIEE By offering a Fax-Free Singapore number, your customers SI NGAPORE will be encouraged to give your company preference when responding to your business communications. Without bearing
      140 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      255 14 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, DINE wntlfc U HHifcy II A 'HEAVENLY 7 FEAST I I SUMPTUOUS SICHUAN CUISINE. DELICATE YANGZHOU I I DIANXIN. RICH PIPING HOT STEAMBOAT. I I LUNCH: 11.30 AM TO 2.30 PM I I DINNER; 0.30
      255 words
    • Advertisement
      Page 14 Advertisements Column 2
      335 14 IRoyfi mX if Yu Sheng 10th February 28th February, 1991 Yu Sheng, a must for all businessmen. the symbol for prosperity. A crisp and spicy raw fish salad that Is traditionally eaten during the Chinese New Year season. Enjoy festive specialities at RuYi. Gong Xi Fa Call I KAN PARANG
      335 words
    • Advertisement
      Page 14 Advertisements Column 3
      332 14 C\)Ua£J £u>C„ S* v 7 SOUTH-EAST-ASIAN BUFFET (22-28 FEB) Tuck intoa wide array of mouth-watering delightsof < >ur neighlx mring c< Hint ries. At only 816++ (Adult)&810+ (Child) Cafe Plaza Plaza Hotel torn**m*<rmmn Catch the Cuatro Calientes at the Bugis Lounge Yes. Stngopore we/comes back fhe Cuatro Calientes make their
      332 words
    • Advertisement
      Page 14 Advertisements Column 4
      417 14 |Cdft>t i u/atf HB With over 60 world seeing you again' Y^m renowned dishes from European Buffet Lunch [OHI >* 12 nations, you're going February 1— 28 l.Jglßl to need more than one Noon 2.30 pm visit to savour all of Adult: $36++ Europe's finest We'll be Child below 10:
      417 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      748 14 TELEVISION AND RADIO —n■—Will 111 .111 a«~»~Tr'n» i ■> n 1 "*n .n, 11 i Goodnight and goodbye 1 !TLa—,,,,. I«| 7.30 PN Equal Justice A Suck- 5 25 The Roa<l nn r Sho < ar toon). 5.30pm, 3.25 am: Financial News cr's Bet (Stereo). toon. r). 6.00 RegionalNews(M). m
      748 words
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  • THE ARTS
    • Article, Illustration
      An opera company to call our own
      909 15  -  Western operas and operettas are no longer such a rarity in Singapore, and the past few years have seen some well-received local productions. Now, Lyric Theatre has been formed with the idea of creating a professional opera company in Singapore. P Y Van
      909 words
    • Article, Illustration
      Choo Hwee Lim: from singer to producer
      533 15 CHOO HWEE LIM, another of Lyric Theatre's directors, has been actively involved in opera in Singapore since the early *****. In a separate interview with BT, Choo gave a feeling of the changing scene from his own personal vantage point. There was, he
      533 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      297 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? "WBH -lubfrtua (\iU FRIDAY, i 12 N<.X)N ix) At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing ambience of a
      297 words
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      Page 15 Advertisements Column 2
      160 15 r THE LUNCH IS ON The rimg has come. A new revolution in lunching. Down at Where Else. For that busy businessman who expects no less than a sumptuous lunch or 1 for those with discerning appetites. j A free-helping to the Roast of The Day; i p' Salad Bar
      160 words
  • Page 15 Miscellaneous
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII tops 1,400-mark but consolidation expected
      4204 16  -  By Lilian Ang THE Singapore stock market performed remarkably well last week, pushing the Straits Times Industrials Index over the 1,400-mark with a 23-point gain on Friday. The excitement began from Monday, when at the word go, hopes of peace in the Gulf sent
      4,204 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3785 17 Main Board SIA Foreign 1600 +130 8.8% Gold Coin 262 +79 +43.2% Jurong Lng50* 300 75 33.3% SIA 1170 70 6.4% SPH Foreign 1130 +70 +6.6% IsctanSO* 695 +70 +112% SBC-SIAF92 2000 120 66 +122.2% SIA 200 1160 +60 +5.5% DBS 1060 60 6.0% FAN
    3,785 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Dow suffers reversal on unease over Gulf war, economy
      860 18 FT NEW YORK UNCERTAINTY clouds the political stage. Uncertainty surrounds Wall Street. But are the two related? It is a fact that the US stock market came down to earth last week. No sooner had traders returned from the extended President's
      FT  -  860 words
    • Article
      Correction on the cards as market is overbought
      741 18  -  Sun Hung Kai HONGKONG THE HONGKONG market was in good shape ahead of the Lunar New Year and continued to rally last week after the holidays on news that Iraq would consider withdrawing from Kuwait under certain conditions. Turnover on Monday at
      741 words
    • Article
      Lock icon Shares rise as further interest rate cuts expected
      186 18 AP i^loNodi! SHARE PRICES shook off another fall in industrial output, more job cuts, other signs of growing recession and the anticipated land battle in the Gulf and advanced on the London stock market last week. The Financial Times share price index
      AP  -  186 words
    • Article
      Lock icon Nikkei posts gains for third consecutive week
      514 18 AFP SHARE PRICES rose for the third week in a row on the Tokyo Stock Exchange in heavy trading with the Nikkei Stock Average closing on Friday at 25,902.81 for a 559.07-point or 2.2 per cent advance on the week. This followed a
      AFP  -  514 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        124 18 AUSTRALIAN stock prices ended the week higher on hopes of a ceasefire in the Gulf. The market indicator, the All Ordinaries Index, rose 8.7 points to 1386.7. The All Industrials Index gained 24.4 points to 2,187.6whi1e the All Resources Index lost 2.0 points to 778.9. Daily turnover during the
        124 words
      • Article
        BANGKOK
        129 18 THE SECURITIES Exchange of Thailand (SET) Index continued rising on, closing at 791.64, up 17.12 points or 2.21 per cent on the previous week's close of 774.52. The stock market index rose sharply on Monday, up 46.69 points, but slipped 40.68 points on Thursday, before pulling back 15.08 points
        129 words
      • Article
        JAKARTA
        319 18 A NEW SURGE in activity after more than two months of weak trading at the Jakarta Stock Exchange (JSE), pushed prices of most shares up and buoyed the market's index to above the 400 mark. The JSE Index closed the week at 419.533, or nine per cent up from
        319 words
      • Article
        TAIPEI
        387 18 j TAIPEI share prices zigzagged to post a three per cent gain in volatile trading last week, shortened by the Lunar New Year holiday. The 224-issue Weighted Price Index climbed 144.02 points from Monday last week, the final trading day of the Year of the Horse, to finish at
        387 words
      • Article
        SEOUL
        112 18 SHARE PRICES in South Korea closed the week more than six per cent up on the previous week, mostly on expectations the Gulf war would not last long. The broadbased Composite Stock Price Index suited 40.46 points, or 6.3 per cent, to close Saturday's half-day session at 685.37. Trading
        112 words
      • Article
        Lock icon BOMBAY
        167 18 AFP BOMBAY investors returned to boost share prices in the brightest week this year for India's depressed markets, cheered by New Delhi's decision to delay a tough federal budget and diplomatic efforts to end the Gulf war. Stock prices shot up in the biggest buying spree of 1991 following
        AFP  -  167 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks race ahead in first week of Ram Year
      4199 19 MBT THE FIRST trading week in the Chinese Lunar Year of the Ram started with a bang on the Kuala Lumpur stock market last week as prices soared amid active tading. This was the fourth consecutive week of advance for the
      MBT  -  4,199 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      117 19 NEWS FLASH .--r. rT-'' Idff^iS^'S *ftf i IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports. Shipping Agents List, Freight Rates and a guide to port of calls of major shipping lines, among others. In
      117 words
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  • WORLD STOCK MARKETS
    • Dow eases after day of volatile trading
      • Article, Illustration
        NEW YORK
        1374 20 WITH WALL STREET cautious on the eve of a crucial weekend in the Persian Gulf war, investors pulled back on Friday in heavy trading after a strong rally earlier. In a steep one-hour selling wave starting at 2.11pm, the Dow Jones Industrial Average plunged nearly 60 points, or
        1,374 words
      • Article, Illustration
        LONDON
        743 20 LONDON share prices finished slightly higher on Friday as many investors took profits on the market's recent gains. The market showed little reaction to US President George Bush's warning to Iraq that it had until Saturday to withdraw from Kuwait or face a mas- sive ground offensive. The Financial
        743 words
      • Article
        FRANKFURT
        267 20 PRICES of German stocks ended firmer on Friday after a session fraught with jitters about the chances of peace in the Gulf region, but dealers said the gains were fragile and could easily be eroded in the near term. The DAX blue chip index ended 16.20 points, or 1.03
        267 words
      • Article
        MILAN
        179 20 HOPES of a quick resolution of the Gulf conflict touched off a fresh buying wave of blue chips and pushed Italian stocks higher at the close on Friday. "Everybody wanted to buy," one broker said. "There was a lot of short covering and foreign orders," he said. The MIB
        179 words
      • Article
        ZURICH
        279 20 SWISS share prices finished slightly firmer on Friday in a quiet market ahead of the weekend. Dealers said investors were cautiously optimistic about a peaceful settlement of the Gulf war. The all-share SPI Index rose 8.9 points, or 0.89 per cent, to 1,011.7, the highest level since September 12,
        279 words
      • Article
        PARIS
        225 20 FRENCH share prices ended the week at a new six-month closing high, shrugging off uncertainty over a Soviet initiative to end the Gulf war. Despite modest volume of 1.9 billion francs, the CAC-40 Index finished 7.16 points or 0.42 per cent higher at 1,716.88. Although some dealers believe the
        225 words
      • Article
        AMSTERDAM
        304 20 DUTCH SHARES closed at their day's highs on Friday, with thin foreign buying pushing prices ahead despite caution by domestic investors, dealers said. The CBS General Tendency Index closed 0.7 higher at 87.7. Reports of the US setting a deadline of Saturday for Iraq to pull out of Kuwait
        304 words
      • Article
        STOCKHOLM
        137 20 THE STOCKHOLM Bourse General Index ended the week 1.25 per cent higher at a new year-high of 1,019.50 on hopes of peace in the Gulf and is a result of strong British interest in pharmaceutical company Astra, dealers said. Blue chips rose 1.8 per cent. Total turnover reached a
        137 words
      • Article
        TORONTO
        275 20 TORONTO stocks closed near the day's low on Friday after a session, influenced by uncertainty about peace prospects in the Gulf. President Bush said Iraq must begin withdrawing from Kuwait by 1200 EST (1700 GMT) on Saturday or face war. The Composite Index lost 18.59 to 3,453.28, with transactions
        275 words
      • Article
        Untitled
        403 20 Brussels Feb 22 Francs FORWARD MARKET Accc 2670 +5 Arbed 3580 f 50 Aslur 1090 +4 Brascan 499 9 C'anpac 596 -12 Cock 162 I (3c Beers 702 22 Ebcs Gb-lnno-Bm 1210 -22 Cicvacrt 7320 120 CirBml-amb 3620 20 Hobok Petro ***** unch Ryl Dutch 2420 -25 Sidro 1600 -5
        403 words
      • Article
        INDICES & TURNOVER
        83 20 INDICES TURNOVER Fete 22 Close PrnioMS NEW YORK Dow Jones 2.889 36 2.891.83 -2.47 NYSE Financial 142.15 141.70 +0.45 SAP 500 365.65 364.97 +0.68 Turnover (million) 218.8 1808 38 0 LONDON Financial Times 30 1.846.7 1,844 6 2.1 FTSE 100 2.314.3 2,312.4 1.9 Turnover (million) 449.1 541.9 -92.8 AMSTERDAM CBS
        83 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Focus remains on the Gulf as the greenback holds onto gains
      506 21 NEW YORK THE US DOLLAR ended higher in New York, holding gains which came on the demand by President Bush for Iraq to begin withdrawing from Kuwait on Saturday. "It now appears the stumbling blocks (to peace) are getting
      506 words
    • Article
      Lock icon Asian currencies lose ground against US$
      696 21 ASIAN CURRENCIES AFP MOST ASIAN currencies weakened against the US dollar in what was for many the first week's trading after the Lunar New Year celebrations. The Japanese, Indonesian, Malaysian, South Korean and Thai units all lost ground against the greenback, as did the
      AFP  -  696 words
    • Article
      INTERBANK FOREX RATES
      396 21 Crass rates J US$ SS MS Dm Yen SFr AS NZS USS 1.7245 2.7020 1.5058 132.30 0.5141 1.2930 1.2755 1.6750 S$ 0.5799 1.5668 0.8732 0.7672 0.2981 0.7498 0.7396 0.9713 MS 0.3701 63.82 0.5573 0 4896 0.1903 0 4785 0.4721 0.6199 Dm 0.6641 1.1452 1.7944 87 86 0.3414
      396 words
    • Article
      MONEY MARKET
      547 21 Interbank rates S$ Bid Offer Overnight 5 1/2 5 5/8 1-month 4 5/8 4 3/4 2-month 4 5/8 4 3/4 3-month 4 5/8 4 3/4 Overnight mode: 4-11/16 LS$ High Law 7 days 6 9/16 6 7/16 1 month 6 1/2 6 7/16 2 months 6 3/4 6
      547 words
    • Article
      Lock icon Physicists share ideas on future trading systems
      440 21 Reuter THE FUTURE of Wall Street trading was the topic of a meeting in Santa Fe, New Mexico, recently where traders rubbed shoulders with Nobel laureates in physics. experts on artificial life and ponytailed computer whiz-kids. Convening in a convent-turned-conference hall, they talked
      Reuter  -  440 words
    • Article
      Lock icon CBOT seeks bigger space for US Treasury bond futures pit
      395 21 Reuter THE Chicago Board of Trade's chairman said the exchange will look at using open space at the nearby Chicago Board Options Exchange (CBOE) for a US Treasury bond futures pit to replace the overcrowded area currently used. William O'Connor,
      Reuter  -  395 words
    • Article
      Spot gold trades in narrow HK range
      468 21  -  GOLD FINANCIAL FUTURES REPORT Sin Huat Bullin FOR most of last week, spot gold traded quietly around Monday's Hongkong opening of US$364/$364.50, unable to move much in either direction as traders awaited Iraq's response to the Soviet's peace initiative. A general belief that
      468 words
    • Article
      FINANCIAL FUTURES
      288 21 IMM Feb 22 KUTSCNEMAM Open High Low Sett Vol Mar 91 Jun 91 0.6694 0.6657 0.6702 ***** 0.6620 0.6560 0.6629 0.6591 27.814 67,291 EURODOLLAR Open High Low Sett Vol Op/Int Mar 91 Jun 91 93.23 93.33 E39| r :>:■ 93.20 93.30 149.822 732.394 JAPANESE YEN Open High Low
      288 words
    • Article
      PRIME LENDING RATES
      453 21 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am Dam R'terdam Bank 8 Arab Banking Corp 8 l Arab Bank PLC 7V« ANZ Banking Group 8 Ban Hin Lee Bank 7% Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7% Bank
      453 words
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  • COMMODITY PRICES
    • Article
      PRICES
      5530 22 Rubber HAS (t»6 m bait) S cents/kg Int 1 RSS Close Feb 18 144.25 Feb 19 143.75 Feb 20 144.25 Feb 21 144.00 Feb 22 143.25 MKtLB (tok in tolw) M cents/kg Int 1 RSS Close Feb 18 228.50 Feb 19 228.00 Feb 20 228.00 Feb 21 227 50
      5,530 words
    • Article
      Lock icon Woodhouse crash adds to woes of palm oil refiners
      367 22 Reuter THE COLLAPSE of British commodity firm Woodhouse, Drake and Carey is causing headaches to Malaysian palm oil refiners, already reeling from dwindling margins and slow overseas offtake, analysts said. The demise of Woodhouse, one of the oldest commodity trading houses,
      Reuter  -  367 words
    • Article
      Lock icon Singapore subsidiary is still making profits
      325 22 Reuter WOODHOUSE, Drake and Carey (Singapore), a subsidiary of financially-troubled London-based Woodhouse, Drake and Carey (Commodities). said it is still trading in palm oils and making profits. "We are continuing in a normal manner. We have recently made large profits by selling palm oils
      Reuter  -  325 words
    • Article
      Lock icon Oil, gold prices swing amid peace bids
      903 22 REPORT AFP WITH operators awaiting the outcome of Soviet attempts to avoid a land battle for Kuwait, oil and gold prices fluctuated irregularly last week. After slipping back initially, the two markets recovered as the United States and Britain made their strong reservations
      AFP  -  903 words
  • Page 22 Advertisements
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      553 22 NOTICES IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF SHANGHAI KONG MING TRAVEL TRUNK MANUFACTURERS (PTE) LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 ot the Companies Act. Cap 50 that the Final Meeting ot Members of the abovenamed Company
      553 words
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      Page 22 Advertisements Column 2
      314 22 M THE MATTER OF THE COUP AMES ACT, CAP. 50 AND M THE MATTER OF XMU TRADMQ PTE. LTD. (In Maatbaf*' Voluntary UqyidMioo) NOTICE HERESY OIVEN pursuant to S*dion 308(1) of tf» Compares Ad. ftp. 50 thai tha Final MmHrq of Motnbais of tho abowa-namad Company ba hald on Monday,
      314 words
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      Page 22 Advertisements Column 3
      6 22 lull ms&tfs The Employment Ckisstfied Section
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      Page 22 Advertisements Column 4
      11 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1084 23 City Flight ETA Flight ETD Adelaide SQ228 1900 SQ227 2130 Amman RJ182 1400 Amsterdam KL841 Tuo KL842 2105 SQ23 1325 Auckland NZ25 1655 NZ28 1815 SQ388 2030 Bandar Serl BI421 1105 SQ182 0915 Begawan SQ181 1410 BI422 1205 BI429 1830 BI430 2125 Bangkok QF062 1135 CI664
    1,084 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A visit to 'the silent cities'
      808 23  -  LETTER FROM FRANCE By Michael Hanson Although the dead of two world wars and of subsequent eonflicts such as Korea and the Falklands are commemorated annually, the First World War still overshadows all wars before and since for the extent of its losses more
      808 words
    • Article
      MONEY CHANGER RATES
      148 23 As at 3pm on Feb 22: liocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3440 1.3640 Canadian dollar 1.4750 1.4950 NZ dollar 1.0200 1.0500 Sterling pound 3.3450 3.3750 US dollar 1.7120 1.7270 Ixtcal dollars to 100 units of foreign currency Austrian schilling
      148 words
    • Article
      WORLD TRADE EXHIBITIONS
      100 23 Duration Title Venue Organiser Tel Feb 27- Photo. Cine and Zurich. /uspa *****5055 I March 4 Video Exhibition Switzerland in Zurich Feb 28- International Stuttgart. Stuttgarter Messe *****2589-0 March 3 Trade Fair for Germany Und Kongrcss Blinds and Sun Protection Feb 28- 14th International Milan Trade Associa/ione
      100 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      35 23 Geneva know when you'll need Finnair for Europe. Because Finnair flies twice-weekly from Singapore to Helsinki then on to over 30 European destinations. Call *****77 for details. %Ff/S/Nf9iß We know Kurope from start to Finnish.
      35 words
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      Page 23 Advertisements Column 2
      51 23 THE ROSSI BLE r\ne aKA the story of IV EAm SINGAPORE'S FUTURE Told in The Next Lap, a book that outlines Government's plan for the next 20 to 30 years i Jjrr Starting today, a look at schooling in the first of the three parts on the book VTgaS! j|
      51 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      334 23 I Offended by having one's mam |J— 4 It is pulled by a slick bats- 3 j _l i j man pace bowler? mm 9 Igo astray in South Amer- 12 [THIH ican plain (6) 10 Official periodical needs the stamp of fine material (8) —.^BM— 12 Club where one
      334 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      213 23 Singapore Outlook: Windy with passing showers over a few areas in the afternoon Forecast: Maximum temperature 32.4 Assoc humidity 58% Minimum temperature 25.5* C Assoc humidity 86% Hours of sunshine 9.80 Rainfall in mm Nil Rainfall this month 22.3 Rainy days this month 6 World report Asia-Pacific Hi/lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      26 23 souEal' U I DOCT&f? Ccr*. Qo«ckly... ft wußse -i «r LAST?/) USTI€SS, LETHftR&IC v T" kud Loep,g.v.... .^"S. <33 Ji Sfr® -b^-® Staruivd Co luMMt I«C7
      26 words
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  • Article, Illustration
    Lock icon Cautious trading expected today
    386 24 THE t GMU= WAR Outcome of first hours of ground battle will dictate market movement Reuter US STOCK, bond and currency markets are expected to react cautiously to the start of the ground war in the Gulf when they open for business today. Financial analysts in
    Reuter  -  386 words
  • Article
    Lock icon Kuwait denies liquidating assets
    268 24 Reuter KUWAIT is considering borrowing against future oil revenues rather than liquidating foreign assets to raise cash for post-war reconstruction, Kuwait's investment chief said in an interview published yesterday. The head of the Kuwait Investment Authority (KIA), Abdullah al-Gabandi, denied in Britain's Independent on Sunday newspaper
    Reuter  -  268 words
  • Article
    Moderately high growth for S-EA expected
    603 24  -  S'pore economy likely to expand by 6pc By Kenneth James SOUTH-EAST ASIA will experience slower but still "moderately high" growth in 1991 and 1992, with the Singapore economy likely to expand by 6 per cent this year if correct domestic policies are followed, a
    603 words
  • Article
    Lock icon China plans 1992 drive to woo tourists
    231 24 AFP CHINA has designated 1992 "Friendly Sight-Seeing Year" to attract more foreign visitors. Local departments of the National Tourism Administration would be sponsoring special activities next year to compete with Europe. America and South-east Asia for foreign tourists, the People's Daily said yesterday.
    AFP  -  231 words
  • Article
    Lock icon Seoul reporters received 'gratuities' from developer
    224 24 AP ABOUT 20 reporters received "gratuities" totalling 40 million won (about *****.000) from the developer at the centre of a bribery scandal allegedly involving the office of President Roh Tae-woo, prosecution officials said yesterday. The officials said some senior editors of major newspapers and
    AP  -  224 words
  • Article
    Lock icon Indon bank supervision standards under review
    188 24 Reuter INDONESIA is reviewing its banking supervision standards, central bank governor Adrianus Mooy has said. "We are working to adjust systems in line with international banking standards," he said in Jakarta last Saturday. Indonesia opened up its banking system two years ago and bankers
    Reuter  -  188 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      117 24 PiageT /auumux iKmxmiiimvisim 1 omwi: SINGAPORT9I 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
      117 words
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      Page 24 Advertisements Column 2
      92 24 PlygeT IMummmmrMiiummim CHMiVE Celebrate this Lunar New Year with a difference. Try our special Yu Sheng' Raw Fish wed with Vietnamese gamishmgs and authentic Vietnamese Neu■ ear Cakes. Our Chinese New Year set and a la carte menu is also available. I f A M MEKONG VILLAGE SAI-GCN VIETNAMESE RESTAURANT
      92 words
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  • Shipping Times
    • Article
      Ship classification bodies to follow ISO 9001
      343 25  -  By Selva Kumar SHIP CLASSIFICATION societies are the latest entrants in the race to set and maintain standards prescribed by the International Standards Organisation (ISO). From July 1, every member of the International Association of Classification Societies (lACS) will have to introduce a
      343 words
    • Article
      NKK develops integrated Ro-Ro transport system
      316 25 NKK CORPORATION, Japan's second largest steelmaker, has developed a new integrated steel products transportation system using a specially designed roll-on roll-ofF (Ro-Ro) ship. The company, in a statement issued on Friday, claims that the system is the first of its kind in the world
      316 words
    • Article
      Lock icon New device contributes to ship safety
      330 25 Lloyd's List LLOYD'S Register is describing its new Ship Event Analysis (SEA) notation, which is to be given to a containership already fitted with the marine version of the black box, as a highly significant contribution to ship safety. The Gulf Spirit, a 27,739
      Lloyd's List  -  330 words
    • Article, Illustration
      Lock icon Air India struggles to stay afloat after loss of profitable Gulf sector
      608 25 THE JBHW AFP TROUBLED times are here for India's international carrier, Air India, struggling to stay afloat after the loss of its most profitable sector the Gulf. The war in the Gulf, coupled with a general slowdown in
      AFP  -  608 words
    • Article, Illustration
      Mac-Nels Malaysia expects turnover to rise 40pc
      383 25  -  By Khaidir Abd Majid INTERNATIONAL freight forwarder Mac-Nels Malaysia, which is expanding its operations in the Klang valley, is expecting a 40 per cent jump in turnover from Ms7.B million recorded last year. Its Port Klang branch manager Hew Han Seng said last
      383 words
    • NEWS SUMMARY
      • Article
        Video meetings on the rise
        44 25 THANKS to an unpredictable confluence of events, ranging from the Persian Gulf crisis to corporate curtailment of foreign and domestic travel, to a sizeable drop in the cost of meeting screen-to-screen, video conference rooms are filling up P«ge 2
        44 words
      • Article
        Caricom to review Unctad code this week
        35 25 CARIBBEAN countries will "seriously consider" adopting the Unctad code of conduct for liner conferences at a ministerial meeting at the Port of Spain later this week Back Page
        35 words
      • Article
        Call for more foreign capital in US airlines
        32 25 CONGRESS should consider changing the law to permit greater foreign investment in US airlines' voting stock, Mr Samuel Skinner, Transportation Secretary, said. Back Page
        32 words
      • Article
        Three Korean shipping firms plan listing
        44 25 THREE leading South Korean shipping companies are to seek full stock market listings on the Seoul exchange this year. Hyundai Merchant Marine, Korea Line Corporation and Korea Special Shipping will all go to the market shortly Back Page
        44 words
      • Article
        Boeing to continue study protect on new jet
        30 25 BOEING Co will continue a five-year-old joint feasibility study on developing a 150-seat passenger plane with three Japanese aircraft builders. Back Page
        30 words
    • LOG BOOK
      • Article
        Summer Sky to reload and continue voyage
        81 26 PANAMANIAN bulk carrier Summer Sky was only slightly damaged after it began listing and lost 46 containers overboard west of Lanzarote three weeks ago, Lloyd's casualty reporting service said. The owners ol the 19,427-dwt carrier intend to reload and continue the voyage. Summer
        81 words
      • Article
        State funds for Air France
        59 26 THE FRENCH government will provide national airline Air France with two billion francs (Ss6Bo million) in new capital to accompany the company's investment plan, Air France said. The funds would be provided this year by the government, the airline's major shareholder. The airline s Board
        59 words
      • Article
        Cypriot vessel grounded
        42 26 THE CYPRIOT vessel Nikos A has been grounded at Umurbank in the Bosphorus, Lloyds Shipping Intelligence Service said. The 15,241-dwt vessel, which was sailing from Constantza in Bulgaria to the Mediterranean, was trying to refloat by its own means.
        42 words
      • Article
        Hydrofoil collides with ship
        81 26 ALL 54 passengers and crew members aboard a hydrofoil were injured when it collided with a container vessel in the Seto Inland Sea in western Japan. The 130-ton passenger hydrofoil, owned by Setonaikai Risen Co, managed to reach a nearby pier in Kure, 690 km west
        81 words
      • Article
        Short time hours considered
        71 26 GERMANY'S Lufthansa said it is considering implementation of short time hours for its staff as of March 1 in view of the sharp slowdown in business caused by the Gulf war. The company said it is discussing the possibility of such a move with its workers
        71 words
      • Article
        German car registrations up
        60 26 NEW VEHICLE registrations in western Germany continue to surpass all expectations and again set a new record for the month of January, the Federal Motor Office said. An office statement said car registrations rose 39.4 per cent in January to 297,232 from the same month last
        60 words
      • Article
        Mishap at Rotterdam
        58 26 DUTCH police evacuated part of the port of Rotterdam on Thursday after a French navy minesweeper crashed into an oil tanker. The warship, which was not identified, oiptured its hull near the munitions storage area. No injuries were reported in the accident, which occurred as the French
        58 words
    • Article, Illustration
      Lock icon Video meetings on the rise
      1358 26  -  Worries about terrorism stemming from the Gulf crisis, travel budget cuts and advances in technology have persuaded many companies to switch to video conferences. Thomas Hayes reports Thomas Hayes NYT BY MOST measures, the business of holding video conferences was a boom waiting to happen.
      NYT  -  1,358 words
    • Article
      COCKETT BUNKER MARKET REPORT
      795 26 THIS twicc weekly report, eompiled by Coekett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Coekett Bunker Price Index change and
      795 words
    • Article
      THE SHIPPING GUIDE
      11777 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,777 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        738 41 Vtud Voy No Bwth Arrrvarf Dcpartu e Keppd Wharves Cora Pcess 008 (P) H29 dto(*s*Je 24 02/1/45 Kota Man E 893 K33 alongside 27 02 0600 Kota Ratu E889A K32 alongside 24 02/1500 Markham Bay 51K K34 24 02/1800 Roseeverett 9€ K30 alongside 2602 0600 Andaman Pees
        738 words
      • Article
        CONTAINER SCHEDULE
        1220 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From All Hope ***** 25/1800 1 24/1500 24/1659 24/1900 Anro Asa ***** 26/1200 1 24/1500 24/1659 24/1900 2 24/1700 25/0659 25/0900 3 25/0700 25/1159 25/1400 4 25/1200 25/1459 25/1700 Anson
        1,220 words
      • Article
        IN MALAYSIAN PORTS
        362 41 Port Kiang Berth at South Port on Feb 22: 1; ml; 2: nil; 3; nil; 4 Pernas Suasa I; 5: nil; 6 Hong Soon 11, 1 Blue Marine. 7A; Jenwin, J Shell: Petro Mewah KCT: 8: Maersk lauro; 9: Equator Pride, 10 ACX Jade North Port: 11:
        362 words
      • Article
        DAILY FREIGHTS
        1154 41 DRV CARGO freight futures were firm and fairly quiet but sustained demand for Panama* and Capcsizc vessels was noted, dealers said. "Trading is pretty quiet there's a bit of movement but a lack of fixture news from the physieal market." one dealer said. Panama* time-charter rates were firmer,
        1,154 words
    • Article
      Lock icon Caricom to review Unctad code at meeting this week
      358 42 Lloyd's List CARIBBEAN countries will "seriously consider" adopting the Unctad code of conduct for liner conferences at a ministerial meeting at the Port of Spain later this week. The Caribbean Community and Common Market (Caricom) secretariat has been keeping the idea
      Lloyd's List  -  358 words
    • Article
      Lock icon Boeing to continue feasibility study on developing a new jet
      234 42 Reuter BOEING Co will continue a five-year-old joint feasibility study on developing a 150seat passenger plane with three Japanese aircraft builders, Boeing chairman Frank Schronz told officials of the three firms, according to a spokesman for Mitsubishi Heavy Industries Ltd.
      Reuter  -  234 words
    • Article, Illustration
      Lock icon Call for more foreign investment in US airlines
      229 42 FT CONGRESS should consider changing the law to permit greater foreign investment in US airlines' voting stock, Mr Samuel Skinner, Transportation Secretary, said. Foreign groups cannot hold more than 25 per cent of the voting equity in US airlines. Mr Skinner called
      FT  -  229 words
    • Article
      Lock icon Three Korean shipping firms plan listing
      411 42 Lloyd's List THREE leading South Korean shipping companies are to seek full stock market listings on the Seoul exchange this year. Hyundai Merchant Marine (HMM), the country's largest owner, Korea Line Corporation, the fourth largest shipping group and Korea Special Shipping, a specialist shipping
      Lloyd's List  -  411 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      198 25 Per Permit Of: Ito 5 Items 5516.00 6 to 10 Home 5525.00 11 to 15 Items 5535.00 We submit on your behalf to appropriate carrier. For more info tel: *****06 Samat/Sharon. Orion Exprou ScrvicM Local Courier Sorvkos Cockett Report 2 Container Schedule 1' Daily Fretgtits 17 Index to Advertisers 3
      198 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      90 26 FOR SUCCESSFUL MANAGEMENT OF YOUR ,us,Nlss or) fiSa? Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional
      90 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2100 27 lardine shipping agencies AWbIVA .01) Cdntonrnent Road #12 05 Southpoinl, Singapote 0208 \lVlfr 2?i«un tfiex no rs 241/9 IFRMiNAI CFS Tel *****18 220 rCDffia'l BOOKINGS lei *****34 258 L VUUQf J PESAKA JAROINE SHIPPING AGENCIES SDN BHD HORI HUANG TEL *****18 TELEX NO MA***** MAI9/01 PENANG TEL *****4 TELEX NO
      2,100 words
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      Page 27 Advertisements Column 2
      1320 27 INDEX 1 T^jramsEßS Page Col P«*e Col a Line Fast Pie 14 I Liner Shpg Ift 3 ABC Containeriine 13 5 Liberia 15 I Accord Group 8 1-3 Lloyd Brasileiro 12 2 AFS 15 I Lloyd Triestino 4 1/2 Ahrenkiel l.iner 16 3 Lucky Seaway 15 3 AI foal roes
      1,320 words
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      Page 27 Advertisements Column 3
      2406 27 iQDaa NEXT SHIPMENT TO HONGKONG AND JAPAN MATHILDE MAERSK V. 0104 ETA 28/2/91 vessel Voy ETA I ErO 'Port "Penang DESTINATIONS Singapore Kelang This mm Malfiide Mae'U 910* Treder By CV 26-2 0300 HRS M Farco CFS KU 1900 HPS M Tauro OAK LGri MOU MEM ATL MIA CHS BAL
      2,406 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1345 28 Irottedam I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE |HH OSAKA BAY 98/522 1/3 20/3 24/3 19/3 Iflßttll CITY OF EDINBURGH 94/524 3/3 21/3 25/3 ZZ/J WfSTBOUNO P. HONGKONG EXPRESS 99/109 7/3 28/3 26 3 25/3 KELANG t PCHANC CARGO KAGA 17/309 0 3 2 7 3 29
      1,345 words
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      Page 28 Advertisements Column 2
      570 28 "I SLA .liriN SOUTH FLOREAAA" PACIFIC V.1907 EB V SERVICE ETA: 28/2/91 NOU 11/3 SUV 14/3 Ltutokt >; p o,>4 s 0 PPT 19/3 Pipeete iu*y", •SIH SINCjAFORK: XV***** I VPkSAKA JARDINB MSIA BOOKINGS: *****00 PORT KKI.ANG: 0:i-:t88-4ll8 JOHORK: 07 *****2 J GUINEA 1 SPORE IKAN TALANG V.IS In Pt
      570 words
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      Page 28 Advertisements Column 3
      1411 28 C£3aiManA sums REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9051 3 28/02 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
      1,411 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2089 29 Maritime Holdings Ltd j P&O f m STRAITS SHIPPING ■ML ""V r. J Slnnpor. m Brunei, last Malaysia, Containers Ik jar iw »o> Nil PHtang Spoce S'tw Hbuig Bhaven ITrtora Leti OSAKA BAY %V 2 -8 SHI 2402 01 03 2603 ?10} 1»03 25,03 ALLtrii uut ctiY i* fO'NsucGH «v«
      2,089 words
    • Advertisement
      Page 29 Advertisements Column 2
      1644 29 TO: U .S. A./PAN AM A FM: U.S.A./PANAMA ....0,.,™ 1 °k 'a si s: ss s »as®w Ig a 3S S SE!£?iriv,",„» Ks:s; s Svr',. v. a 2; a ATLANTIC SENATOR EUI2 Ml 244 24,4 11,1 IM W GERMAN SEN N« IM TQ: EUROPE FM:EUROPE V RIM Bhv rix AND
      1,644 words
    • Advertisement
      Page 29 Advertisements Column 3
      378 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL TANJUNG CHAMPION COSMIC EMAS TRADER CHALLENGER (2nd Call) VOY NO 14 IS 5 S pore In Pt 4/3 1/3 P Kelang 4/3 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Kobe 14/3 NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG.
      378 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      732 30 w HflAI CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY S PORE ROAM AOAM H BURG BREMEN ANTWERP TRIAS UNITYOQ2WB 8,3 9/4 IS/4 19,4 SRIWUAYA3IWB 6/5 12/5 16/5 20(5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|*c< to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa.
      732 words
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      Page 30 Advertisements Column 2
      880 30 it 3E HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK qm kHB ukM OBU CHOYANG VICTORY 002E 27/2 H POHANC 107E 25,3 27/3 HANJIN CHUNGMU 07 7W 25/2 14 1153 16 3 lt> 318J 19 3 !ONGHAE«IE 11 1 144 4 I HANJIN LONGBEACH 032W 33 21 3 22
      880 words
    • Advertisement
      Page 30 Advertisements Column 3
      105 30 IPOL (M) SDN BHD I w* l>v .A 35 i s t fir.. Jalan Cungati Port Kclang Tal: *****98 3M9«70 W M«lay»'» f S E M.1.y.1. PK,»,c S*widM **1 5/1 »]j n Jil Ctwunj Mm» Vfll SJ IW'.. Mm» Si»u KM IVJ Ult J 11II!t PG S PORE SIBU Mini
      105 words
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      Page 30 Advertisements Column 4
      1343 30 J I_T J j PHI SCP HKC KSC KLC PUS HKT OSK NCY StU TYO LAX CHS B*L NYC IHV ANN ROM TMP HBC PSO CUB PKL SGP I I GENTRY RE 03b 77 2 21/2 S3 111 1/3 11(3 13/3 I*3 14/3 17/3 I*3 2*3 10,4 12/4 14 4
      1,343 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1442 31 hipping Times, Monday February 25 1991 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) I jfj UK/EU'ROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 < TERMINAL OFFICE :*****22 BOCUMENTSIION MPT. i Iw CFS: K27 —IMPORT: *****69/*****60 CFS: K27 EXPORT. *****53(*****04 r LI f—*m
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      Page 31 Advertisements Column 2
      842 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^ERVICE)_^_^__ DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND WSStLS VOYAGE |SPO« |MANI Jk HKOMG VOYAGE SPORE PKLANG HBURG 8 HAVEN TILgUWT «OTT
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      1608 32 I K LINE KAWASAKI KISKN KAISHA. LTD. EXPORT N.AMERICA-PACIFICSOUTHWEST j N.AMERICA• fACinCSOUTH-WEST WT -J M VOt HOUS II OAK THY FEEDER VESSEL VOY IWT SCP FEEOCR VESSEL VOY 'INOO "PH/PHG SGP MOTHER VESSEL VOY LB OA* CHI NYC HENRY H BRIDGE 41 30/1 *2 Hi 17/7 MEDITERRANEA 15 I*2 2/1
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      Page 32 Advertisements Column 2
      1178 32 PHILI-OMCNT UN€S PT€ LTD 108 ROBINSON ROAO #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I 3 MAR MONTREAL^nAwTTORONTO. I VANCOUVER, S'WESTERN ONTARIO. 11 MAR DUBAI,
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      1390 33 asssaa;W pacific international lines (PTE) ltd P'L Building, 140 Cecil Street HOMO, Singapore 0106. JAKARTA 1 1 BANGKOK Z] VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN HAI hUJI 9108 27/2 3/3 *'3 EO€N 9108 28/2 28/2 5/3 {J* »JJ* M Ul2 J/3 8/3 JADC 1" PEGASUS PROGRESS
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      Page 33 Advertisements Column 2
      985 33 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fa*- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQY SPORE P KLANG SHAMPTON I HAMBURG BHAVEN ROAM LHAVRE )saka Bay 98/522 1/3 I 20/3 24/3 19/3 VIA RO yty of Edinburg f |94/524
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      94 33 m BEN ASIA CONTAINER SERVICE I Spore BToK Pegasus Progress V 656 21-22 Feb 25-26 Feb Ingenuity VI2IN 23-24 Feb 28-1 Mar Pegasus Progress V657N 3-4 Mar 7-8 Mar Ingenuity VI22N 3-4 Mar 7-8 Mar General Agents: J e,; 5®S2 Ben Line Agencies(S^te_Ltd_____Fa«j^4olM^^^ JORDAN FAR EAST LINE S.A. REGULAR MONTHLY
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      329 33 tea MYANMA pßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI67W In Pt LOIKAW Vl69* In Pt HPA-AN VI6OW 26/21 Feb THE BANK UNE (A Mrvtc* of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \i HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA
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      769 36 DSR-SENATOR LINES] INTEGRATED CONTAINER SERVICE FROM FAR TO NORTH CONTINENT OUTBOUND SIN TLX BRV ROM ANT HBC THUERINGEN WTMIOB 1(3 30(3 »/3 31/3 27/3 JAPAN SEN WFIII Hi 1/4 4/4 3/4 2/4 BRMtN SEN WFU2 13/3 9/4 6 4 V« 10/4 TO EAST MEDITERRANEAN OUTBOUND SIN LCA Accepting for LIMASSOL,
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      Page 36 Advertisements Column 2
      1046 36 [Yr& JE CONTAINER LINEI CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 GUARANTEE LCL CONSOL SERVICES OUR CONSOLIDATION SERVICES TO: EAST ■"■■nAnr JAKARTA 2/31 9/3 TOKYO M J/J F||K|||Jft- PORT KELANG 27/2 t 6/3 KOBE 3/3 tlO 3 LUnUIL PENANG 1/3* 1/3 NAGOYA J/3 1 10/3 MANILA 2/3 t 6/3 YOKOHAMA
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      228 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INOAH In Port 26.291 PK BALAM NAGA JAYA DOCK LAMPUNG JAYA 27 2.91 ***** PANJANG'PALEMBANG PINANG JAYA In Port 21.2.91 PANJANG PERITA JAYA 26 2.91 ***** PANJANG PALEMBANG ABADI JAYA 272.91 28.2 91
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      Page 36 Advertisements Column 4
      1343 36 fS t > W CHINA OCEAN SNIPPING COMPANY FULL CONTAINER LINER SERVICE SINGAPORE'S GENERAL AGENTS: COSTAR SHIPPING PTE LTD: TEL: *****00 (SINGAPORE) INDONESIA'S AGENTS: P.T. GLOBAL PUTRA INDONESIA MARITIME: TEL: 3807MUJAKARTA) MALAYSIA'S AGENTS: CHUNG CHIAO SHIPPING SDN. BHD. TEL: *****91 (KL) *****1 (PIENANG) GUAN GUAN SHIPPING SDN. BHD. TEL: *****61
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      703 37 NIHON ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA \ll IPI Dcstns 4/3.11/3 I EUROPE all Forts 2/3, 9/3 BANGKOK 2/3, 7/3 HONGKONG/CHINA 2/3, 9/3 SYD, MEL, ADEL, BRIS 2/3, 14/3 FRE MANTLE 9/3, 17/3 MANILA 1/3, 8/3 PKLG/PENANG 3/3, 10/3 Port Kelang Branch Tel: *****21/2/3
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      Page 37 Advertisements Column 2
      326 37 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) fW\ ETHIOPIAN SKIPPING UNES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vtssei Ivov eta Iloading for SPORE ABBAY WONJ 4MB 10/04 OARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA NF TSANE f TTwB S/05
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      Page 37 Advertisements Column 3
      732 37 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ SIN PUL
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      Page 37 Advertisements Column 4
      798 37 SYDNEY/MELBOURNE BANGKOK |vt«a |vo* sw>« STD I |vor mmk 1 mnckm I 5551! 25S *02— m 1- I w f I mABHUM 052 2T30/3 «*/4_ PLANETA 0447 0243/4 15-17/4 19 20/4 NANTA BHUM 30* Thur 21/2 Sun 3/3 P.KELANG/PENANG/KUANTAN MAHA BHUM# 48* w uT W VSL VOY SPORE PKL PEN
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      Page 38 Advertisements Column 1
      1006 38 r A HAC-NELS SINGAPORE 1 export TEL *****22 IMPORT TEL *****02] TEL: (04) *****6 KK TEL (088) *****0 T AWAU TEL (089) Z/8679 P KELANG TEL (03) *****7/ KUCHING TEL (082) *****3 SKAN lEL (089) 2 H682 I— |Vv J BAHRU TEL (07) *****2 SIBU TEL (084 *****2 SARIKEI TEL
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      Page 38 Advertisements Column 2
      380 38 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PI'YMOUTO p PORT CHALMERS ACCEPTING FtL LLL FOR AUCKLAND. NAPIKR. WELLINGTON, BLUH-. CHRISTCHURCII. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PtY AUCK tTT PROSPECT US 6 Mar 1» M» r |J* W
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      Page 38 Advertisements Column 3
      1039 38 /3EI 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 mill KIT I ETA IKIT WISH VIT I ETA KIT KIM SOON LI 7/91E 28 FEB
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      953 39 COMPANIA PERUANA vgQi 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 Kelang Singapore E'Msia ROSEEVERETT K3O/25 Feb 28 Feb/01 Mar SHAPLAEVEREIT 10/12 Mar IJ/15 Mar KAMALEVEREFT Ji n Mar 30 Mar
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      519 39 (=rwwnritw*i\i vsi [voyJspori Imainliner Tax Ikst Isav |ntc Ihfx A VESSEL 112 J"* MttAN tt/3 1)4 M M lft« /M ME IBOURNE /HE /I CALIFORNIA V* 12,4 15 4 1//4 194 LEEWARD II i 1 /IM SAVANNAH 13(4 114 //,4 t Hi I M EILAF bIE 16 1 /IM SAVANNAH
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      757 39 SING KWANG HANUI IHIfftNO TWU»SPO«TATIO«I (PTt) LTO WEEKLY LCL/FCL SERVICE VESSEL ISPORE IjAKARTA SURABAYA MEKHANIK KURAKO 50W 28/2 03/03 JENWEL V 166N |01/3 1— lo*/3 VESSEL SPORE BANGKOK A VESSEL 27/2 (K/3 A VESSEL 01'3 04/3 DESTINATIONS ETA SINGAPORE PORT KELANG 01 MAR MANILA 02 MAR HONG KONG, ALL CHINA
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      Page 39 Advertisements Column 4
      579 39 PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY WAStriA 14/ A In Port 25/0? JATiniHI 920 23/02 26/02 PHASUIA 149 A 28/02 03/03 JAIIDIHI 921 02/03 05/03 TANTO UTAMA 143 23/02 26/02 FAN TO UTAMA 145 04/03 07/03 TANTO UTAMA 147
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      Page 39 Advertisements Column 5
      385 39 SIN P«t«T 3/3 KEELUNG/KAOHSIUNG 2/3 BANGKOK 3/3 MANILA/CEBU 2/3 JAKARTA/BELAWAN/SURABAYA 2/3 PORT KELANG'PENANG/E. Malaysia 3/3 BUSAN 26/2 TOKYO/YOKO/KOBE/NGO/OSA 3/3 HONG KONG SIN CHINA 3/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG Tl ANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 2/3 LDN/FLX/LVP/SOU 2/3 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania Poland;Bulgaria/Czech. SIN USA/CANADA 26/2
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      Page 40 Advertisements Column 1
      687 40 xiiA GB SHIPPING (W) MARINE SERVICES NORTH QUEENSUNDJPAPUA NEW GUINEA SERVICES CONTMNiR/LCL/BREAKBUIK SERVICE "ANKE" SERVICE lAK Sit TG BARA IM POM I Villi V22SB )/3 1011 J JSB '»> 4 184 ?l4 4 ».'«SB 3<S &S US II.S 2liS PNG BUNKER SURCHARGE TCM USO SJ 50 B/BULK "SO 500 LCL
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      Page 40 Advertisements Column 2
      315 40 SINGAPORE/MEDITERRANEAN I VESSEL/VOY ETA SPORE NAPLES 1 KS VOI9IW 3/3/91 G M V 28CW90 3/3/91 M B V 03CW91 4/3/91 24/3/91 2 VV V 02-91W 11/3/91 KVT VO4CW9I 17/3/91 11/4/91 1 i Y V 03-91W 20/3/91 Al SO ACCEPTING CARGO FOR MILANO lASPEZIA PfK)VAGUO BARCELONA Zl VARNA BURGAS VENCE ANCONA
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      Page 40 Advertisements Column 3
      655 40 11 ftV i :7il HI ;[tW-\n 3 i ■■pMpiSMM FULL CONTAINER SHIP SERVICE GENOA ILYICHEVSK MERSIN TRIESTE 27/3/91 18/3/91 22/3/91 24/3/91 25/3/91 30/3/91 5/4/91 26/3/91 31/3/91 12/4/91 17/4/91 17/4/91 7/4/91 12/4/91 EUBICH VENECIA MARSEH LES ONE BEOGHAD BAGDAD USTRIA SWITZERLAND L CONTAINER SHIP SERVICE JRG B'HAVEN TILBURY ROTT ANTWERP )/91
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      Page 40 Advertisements Column 4
      579 40 CUII con ujftv inTEßfnoof){\ 1 LCL/FCL SERVICE FROM 111 t M\ H GIJI op«ratM ovmr 600 t*rmlnait/offk*« in UJS.A. 1 II m CUJI maintain* ovir 35,000 tractor* truck*. II am J cuji™- ovar 60,000 points in U.S.A |J| jjflJ CUM offar rallabla LCI/FCL aarvioaa. Gmmnk Agantf: 7nAA/STJ/WC PENANG KL: allied-LINK
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      Page 40 Advertisements Column 5
      613 40 a 2*. SETH SHIPPING CORP SON BHD "JIAQi PT KLANG TEL 03 3C751M (C Hns| FAX *****11 ,UM PENMS TEL 04-*****9 FU 04 636(63 SKA! TEL: 069 214U2 SIM TEL: 064 31M22 TAWAU TEL M 9 77M7S KK TEL: OM *****0 KIICH TEL 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      446 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 ******************************00 *****800 1900 2000 2100 2200 2300 IR 16 15 16 16 18 21 23 26 ***************706 0 7 09 13 17 20 21 2.1 Pf 17 16 16 1 7 19
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      Page 42 Advertisements Column 1
      389 42 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG POH AIK 184 25/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 6/3 DUMAI/PEKAN BARU TSS 01 27/2 DUMAI 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
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      Page 42 Advertisements Column 2
      669 42 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN LALANDIA ST 23/2 28/2 18/3 21/3 24/3 23/3 LALANDIA 37W 24/1 26/1 29/1 14/2 23/2 CGM PASCAL 02E 2/3 7/3 25/3 28/3 31/3
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      Page 42 Advertisements Column 3
      627 42 ICHARTPOINT I Every Saturday in Business Times UK/CONTINENT (TRIO) A»O car«o r«r Hamburg to Copenfiafen. Airfius Gothenburg ftUimo SPORE S TO* H BURG HAVEN R DMI lIH Hel«in*,. Stockholm OSAKA BAY *5}2 1/) 20/1 74 3 H i 20 3 Rotterdam to Antwerp. AmttrdM. Oslo. Heltink, CITY Of EDINBURGH »4>524
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