The Business Times, 26 February 1991

Microfilm: NL17400
Total Pages: 67
1 67 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Tuesday February 26 1991 75*
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  • NEWS SUMMARY
    • Article
      Three Japanese credit banks to lower prime rates
      52 1 THRFF. Japanese credit banks said yesterday they would lower their long-term prime lending rates by 0.3 points to 7.5 per cent a year on Friday. The banks are Industrial Bank of Japan Ltd. Long-Term Credit Bank of Japan Ltd and Nippon Credit
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    • Article
      Formal dissolution of Warsaw Pact
      37 1 FOREIGN and defence ministers of the Warsaw Pact signed a formal document in Budapest yesterday that dissolves the military arm of the once formidable East European military alliance as of April 1.
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    • Article
      Policy rethink
      30 1 RAPID advances in broadcast technology will force Singapore to re-examine its policies on trans-boundary broadcasting and cable television, says the Ministry of Information and the Arts Page 2
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    • Article
      Way paved for reform
      39 1 THE FINAL HURDLE in the way of talks on a national wage reform in Malaysia may have been removed now that the Malaysian Trades Union Congress is agreeable in principle to the idea Page 7
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    • Article
      Call to KL exporters
      45 1 MALAYSIA'S exporters must find new ways of doing business and develop new channels of trade to supply essential products such as foodstuffs, palm oil and palm oil products and other related items, says its Deputy Minister of International Trade Page 7
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    • Article
      Gatt talks resume
      24 1 THE URUGUAY Round of global trade talks under Gatt re-start today in Geneva amid an atmosphere of cautious optimism Page 8
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    • Article
      Good news on inflation
      36 1 LEADING economic forecasters predict a decline in Britain's high inflation rate, raising hopes that the government may continue to ease a credit squeeze and help the economy out of recession Page 8
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    • Article
      No-nonsense approach
      29 1 MARZUKI USMAN, chairman of Bapepam, Indonesia's Capital Market Supervisory Agency, intends to adopt a no-nonsense approach to the task of privatising the Jakarta Stock Exchange Page 11
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    • Article
      Aiming for the top
      30 1 HAVING trained about 3,000 personnel from 49 countries, Singapore now aims to become the premier port training centre in the Asia-Pacific region. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      27 1 WALL STREET stocks opened higher yesterday with the Dow Jones index ol 30 leading industrials up 21.78 points to 2,911.14 five minutes after trading began.
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    • Article
      Footsie higher
      47 1 SHARE PRICES in London were sharply higher at midday yesterday, on hopes that the Gulf War could soon draw to a close with a swift allied victory. At about 1215 GMT, the Footsie 100-share index was up 32.1 points, or 1.4 per cent, at 2,346.4.
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    • Article
      What's new, Goldcoin?
      11 1 ARE there more suitors for Goldcoin? Page 3
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    • Article
      FCC hit by losses
      29 1 SUBSTANTIAL losses on its investment portfolio and high interest expense overturned an otherwise impressive performance in the core activities of First Capital Corporation Page 3
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    • Article
      First-half gain
      19 1 A RECORD interim profit for Robinson is unlikely to be repeated in its second half. Page 3
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    • Article
      EPF plans to diversify
      25 1 MALAYSIA'S Employees' Provident Fund has proposed to diversify its present investment activities, particularly in government securities, into other sectors Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 682.10 +1.60 Kuala Lumpur ....556.62 +1.94 Hongkong 3,520.45 +45.11 Tokyo 26.462.76 -*-559.95 Sydney 1,412.5 +25.8 Friday Change New York 2,889.36 -2.47 London 2,314.3 +1.9
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.7240 100 Yen SS1.3031 MS SS0.6367 Money market rates Overnight 5-1/8 -3/8 3-month 4-11/16% +1/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS357.50 -USSI 40 Rubber S'pore Mar... 142.50*/kg -0.75 M'sia Mar.... 225.50*/kg -1.00 KL Tin Turnover 27 tonnes-17 Spol MS i4.97/kg -0.08 Crude palm oil Turnover 352 lots -310 Mar MS843 /tonne unch
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  • Article
    Lock icon Thai stocks dive 7.3pc in reaction to coup
    602 1 Economy expected to ride out the crisis Agencies THE Thai stock market took one of its heaviest beatings yesterday in reaction to the military coup over the weekend that toppled the government of Prime Minister Chatichai Choonhavan. The Thai bourse, already one
    Agencies  -  602 words
  • Article, Illustration
    Lock icon Allies continue relentless drive into southern Iraq and Kuwait
    377 1 THE GULF mmR Agencies ALLIED forces fighting in the Gulf yesterday made a two-pronged drive into southern Iraq and Kuwait, and were reported to be preparing for the decisive battles of the war. As the coalition forces neared Kuwait City and
    Agencies  -  377 words
  • Article
    Lock icon Kuwait signs reconstruction contracts worth US$1.25b
    92 1 AFP THE KUWAITI government in exile has signed more than 170 contracts worth US$l.25 billion (552.14 billion) to help rebuild the Iraqioccupicd country, officials said yesterday. Its Minister of Municipal Affairs last Sunday signed contracts with five Saudi companies for US$2l6 mil- lion to
    AFP  -  92 words
  • Article
    The power of the triangle
    141 1 IN ANCIENT TIMES, it was believed that the triangle had great powers. Today, the economic cooperation between Singapore, Kiau 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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  • Article
    Performing Rights Society takes SBC to copyright tribunal
    491 1  -  6* David Gabriel THE Performing Rights Society (PRS), a non-profit-making association of composers, authors and publishers of musical works, is taking the Singapore Broadcasting Corporation to arbitration under the Copyright Act. SBC and the Society, which owns or represents the copyrights to
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  • Article
    Lock icon Conservative named as Soviet finance minister
    143 1 Reuter SOVIET President Mikhail Gorbachev yesterday named conservative economist Vladimir Orlov as the Soviet Union's new finance minister and kept hardline defence and KGB chiefs in his new Cabinet. A new Cabinet list released in Parliament and signed by Mr Gorbachev named Mr Orlov,
    Reuter  -  143 words
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      183 1 Nikon The World s Finest Photographic System. Aircraft Schedule 25 Money Charger Rates 25 Weather —25 Commodities 24 Money Market 23 World News 8,9 Cryptic Crossword 25 Regional Co News 4 Editorial 10 Regional News 7 For market indices, editorial. Financial News 6 Regional Stock Markets 22 advertising and circulation
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      18 1 Quick win will aid US economy, Pg 9 No guarantee of post-war stability in Arab world, Pg 9
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      Page 1 Advertisements Column 3
      49 1 No change in Thai banking rules, Pg 6 Cartier NEW CURVED 18 CARAT GOLD le/ mu/t'6e artier Boutique/ SINGAPORE #01 36. Lucky Plaza. 304 Orchard Road Tel *****27 #01 04. The Shopping Gallery. Hilton International Singapore, 581. Orchard Road Tel: *****95 #01-03. Palais Renaissance. 390 Orchard Road Tel: *****93
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Budget delivery to be telecast 'live'
        68 2 F INANCE MINISTER Richard Hu's delivery of the 1991-92 Budget statement on Friday will be telecast "live" on SBC 5 at around 3.30pm. Radio 1 will also broadcast Dr Hu's statement "live" from Parliament House. The Friday Background programme that evening will see Dr
        68 words
      • Article
        Welfare rates up
        50 2 THE MINISTRY of Community Development has released details of increased public assistance rates, which were last revised in 1988. The new rates range from a rise of $20 to $105 for households of one, two, three and four. They also take into consideration the number of children.
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      • Article
        Trade with Turkey rises
        34 2 SINGAPORE-TURKEY bilateral trade reached a record $271.4 million in 1990, said the Turkish ambassador Yuksel Soylemez to Singapore, a sharp rise over 1989 which saw trade volume of $111.5 million.
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      • Article
        New TV financial programme
        50 2 SBC yesterday gave a preview of its new business and finance programme, Money Mind, to about 150 businessmen, professionals, political leaders and diplomats in a bid to gain their support and cooperation. Money Mind, which will start its fortnightly run on Thursday, is sponsored by Omega.
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      • Article
        Second local heart transplant
        53 2 KRISHNASAMY CHANDRASEGARAN, 36, became the second person to receive a heart transplant in Singapore on Sunday night at the Singapore General Hospital. The donor was a 40-year-old Chinese man who died in hospital earlier of severe brain haemorrhage. The recipient is said to be in satisfactory
        53 words
      • Article
        Second international trade fair
        58 2 THE SECOND Singapore International Trade Fair which will be held from May 21 to 25 has attracted more than 400 exhibitors from Singapore, the US, Europe and the AsiaPacific region. The exhibition will take up a total nett area of 3,500 sq m, a rise of
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      • Article
        Taxes via Teleview
        37 2 THE INTERNAL Revenue Department yesterday launched another Teleview service. The "Income Tax Computation service allows users of Teleview's computerised, interactive information system to calculate the amount ot personal income tax they have to pay.
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    • Article
      Govt may have to reconsider policy on cable TV
      506 2  -  Addenda to the Presidential Address By Anna Teo Ministry of Information and the Arts RAPID ADVANCES in broadcast technology will force Singapore to reexamine its policies on transboundary broadcasting and cable television, says the Ministry of Information and the Arts (Mita)
      506 words
    • Article
      Maybank launches Visa card with Gan Clan Association
      234 2 MALAYAN BANKING Bhd (Maybank) yesterday launched a Visa card with special affiliations to the Gan Clan Association. This tie-up is only the beginning for Maybank, which is looking into similar agreements with the other clan associations in Singapore. Henry Bong, head of
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    • Article, Illustration
      SPH maps out new training scheme for staff
      398 2  -  By Claire Leow SINGAPORE Press Holdings (SPH) plans to introduce a two-pronged training scheme to meet the challenges to the journalism industry. The move, aimed at greater professionalism, is in response to rising demands for local newspapers to remain relevant to their
      398 words
    • Article
      Machine makers urged to up Asean presence
      265 2 GERMANY, the world's third largest producer of machinery, should improve the market share of its machinery in the Asean region. The German machinebuilding industry is the country's largest; and machinery makes up about 60 per cent of all of Germany's exports. But only
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      395 2 Jr Jl Hexagon your competitive edge in business. balances, financial statements and more. You get the speed of electronic hanking combined with 24-hour access to your accounts, giving you the ,u „,i >„ I ,R,„L n«hu.mv We all know how difficult it is to stay competitive in the rapidly chang-
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Gold Coin's major shareholders considering other suitors
      475 3  -  By William Chia FEFDMILL GROUP (iold Coin Ltd yesterday asked for an immediate suspension of its shares as its substantial shareholders are considering certain proposals concerning the company. Ciold Coin, in a letter to the Stock Exchange of Singapore (SES), said the directors
      475 words
    • Article, Illustration
      Robinson interim rises 40.2pc
      323 3 RETAILER Robinson Co has chalked up record profit and turnover at half-time but said this was unlikely to be maintained in the second half because of the Gulf situation. Robinson, which yesterday released its unaudited results for the six months ended Dec 31, reported a 40.2
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    • Article
      Hai Sun Hup plans private share placement to raise $13.4m
      247 3 THE HAI SUN HUP Group (HSH) has proposed a private placement of 7.5 million new shares at 1.81 per share to raise $13.4 million. Proceeds from the placement, amounting to 5.1 per cent of HSH's issued capital, will be used
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    • Article
      Angkasa Marketing expects pre-tax profit of M$20m
      302 3  -  From James Shyong in KUALA LUMPUR ANGKASA Marketing Bhd, the wholly-owned Amalgamated Steel Mills subsidiary seeking a listing on the Kuala Lumpur Stock Exchange, has forecast a group pre-tax profit of about Ms2o million for the year ending June 30, 1991. Dr Lee
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    • Article
      Yamaichi DAE Fund suffers US$8.6m loss
      400 3  -  By S N Vasuki YAMAICHI DAE Fund Limited has reported an af-ter-tax loss of US$B.63 million (S$ 14.84 million) and is not paying a final dividend for the fiscal year ended Dec 31, 1990. The fund, which is incorporated in Singapore, reported that while
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    • Article
      Nippon Elec (M) plans KLSE listing
      255 3 NIPPON ELEC (M) Sdn Bhd, a manufacturer of printed circuit boards (PCB) and a member of Japan's Nippon Steel group, plans to float its shares on the Second Board of the Kuala Lumpur Stock Exchange in about live years' time, a company official said
      255 words
    • Article
      Losses on stock investments drag FCC into the red
      318 3 SUBSTANTIAL LOSSES on its investment portfolio and high interest expenses overturned an otherwise impressive performance in the core activities of First Capital Corporation. For the six-month period ended Dec 31, the group saw operating profit reach $11.19 million compared to $3.60
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    • COMPANY BRIEFS
      • Article
        SIA, Swissair carry out share swap deal
        105 3 FOLLOWING an earlier share swap agreement, SIA has agreed to purchase 64,000 Swissair shares from Swissair and to sell four million new SIA foreign registered shares to Swissair. The share swap will give Swissair a 0.62 per cent stake in SlA's enlarged capital,
        105 words
      • Article
        Standby facility for Tan Chong
        103 3 TAN CHONG MOTOR Holdings' wholly-owned subsidiary, Tan Chong Sons Motor Co (Singapore), has accepted a proposal for an unsecured $110 million multi-currency standby facility. The facility will be provided by a consortium of banks led by the Singapore branch of Deutsche Bank. Tan Chong Motor
        103 words
      • Article
        UIC on rise in turnover
        41 3 UNITED INDUSTRIAL Corporation, in response to an SES query, said its board of directors "is not aware of any reason which could give rise to the sharp increase in the recent turnover of the company's shares".
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      • Article
        Van der Horst unit expands
        50 3 VAN DER HORST's subsidiary. Houston Well Screen Asia Pte Ltd. has set up a wholly-owned subsidiary in Malaysia called Houston Well Screen (Malaysia). The authorised capital will be M 525.000 and the new venture will be involved in the manufacture and marketing of wedge-wire screens.
        50 words
      • Article
        OCBC ups interest in Robinson
        61 3 OCBC Bank has increased its deemed interest in Robinson Co from 24.83 per cent to 24.95 per cent. OCBC acquired the additional 57,000 shares for $191,563. OCBC Bank has also acquired 45.000 ordinary shares in Singapore Press Holdings for $354,854. This increases OCBC's share of
        61 words
      • Article
        Directors buy shares
        53 3 GB HOLDINGS DIRECTOR Robert W Livingston has acquired 16,000 shares in the company at $1.35 per share. Chee Jin Kiong, general manager and executive director of Keppel Finance Ltd, has sold 10,000 shares in the company at $6.75 per share and his shareholdings in Keppel Corporation now
        53 words
      • Article
        Magnum gets CIC green light
        52 3 MAGNUM CORPORATION Bhd says it has obtained the Capital Issues Committee's approval for the restructuring of its gaming business under a holding company, Leisure Management Bhd. It has also obtained approval for the subsequent listing of the holding company on the Kuala Lumpur Stock Exchange's
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      Page 3 Advertisements Column 1
      246 3 It's ANA Hotel Singapore tor me from now on. J W ANA HOTEL SINCAPORE 1,, 11,1 I V I K '..,,,1 .1 n. Ml, i, t•• x ,„,s-i 1... \IIMN KS -MM 1.1 T he Conference Network J 77n> Regional Enpn>\ Finance Conference 1991 Hedging the Risks in V ENERGY
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Tokyo's Chugai cuts profit forecast
        98 4 CHUGAI Pharmaceutical Co Ltd slashed its group net profit forecast for calendar 1990 to 500 million yen (556.5 million) from a March forecast of 6.1 billion, a company spokesman said. The major drug manufacturer posted group net profit ot 7.14 billion yen in calendar 1989.
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      • Article
        HK venture to buy Manila hotel
        82 4 HONGKONG-based Allied Kajima Ltd has reached an agreement to buv the luxury' Philippine Plaza Hotel in Manila for 1,500 million pesos (Ss9l million), or some HKS4OO million. Allied Kajima said in a statement. Allied Kajima. a property development and investment company, is equally owned
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      • Article
        Huge dues poser for Karachi
        111 4 STATE-RUN Karachi Electric Supply Corp Ltd (KESC) has to recover 2.25 billion rupees from government organisations, KESC chairman Zahid Ali Akber Khan told its annual general meeting of shareholders. "The government organisations are major defaulters," he said at the meeting for the year ended June
        111 words
      • Article
        Santos' Cooper Basin project
        54 4 SANTOS Ltd said As3oo million (Ss4 million) will be spent on exploration and development of the Cooper Basin oil and gas project in South Australia in 1991. Santos managing director Ross Adler said the investment by the C ooper Basin Producers consortium represented an increase in
        54 words
    • Article
      Akai withdraws from mini-compo stereo market
      379 4 Move also marks the withdrawal of Mitsubishi Electric Corp AKAI ELECTRIC Co has stopped producing its P'cross brand of mini-component stereo systems and has withdrawn from the field, according to the company, the Japan Economic Journal reported on Saturday. Market entrants have been driven
      379 words
    • Article
      Lock icon Total eyeing Vietnamese oil joint venture
      196 4 AFP FRENCH oil tympany Total is studying the possibility of joining Soviet-Vietnamese joint venture Vietsopetro to develop Vietnam's oil deposits, an French industry source said in Hanoi on Monday. Total's director general Pierre Vaillaud is in Vietnam to hold discussions on a proposed oil
      AFP  -  196 words
    • Article
      CPP buys 25pc stake in CP Indonesia
      275 4 CP POKPHAND (CPP) is to pay HK$l95 million (Ss43 million) for a 25 per cent stake in CP Indonesia, the Sun Jay Morning Post in Hongkong reported over the weekend. Sources say the investment will be paid for through the issue of new
      275 words
    • Article, Illustration
      Lock icon The surge goes on in Hongkong stock market
      621 4 NYT THE MONEY managers who have bet on Hongkong this year, and there are many, have been right. And some analysts argue that the market will continue to go their way as long as the war in the Gulf ends soon, the
      NYT  -  621 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      224 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Gulf war could provide fillip for General Dynamics
      415 5 Reuter GENERAL DYNAMICS Corp said it could pick up some badly needed sales from abroad if its M-l tanks perform as advertised as they embark on their first combat mission. The company and the US Defence Department have expressed unreserved confidence in
      Reuter  -  415 words
    • Article
      Lock icon Ford unit denies rumours of pull out from Brazil
      361 5 Reuter FORD MOTOR Co's Brazilian subsidiary strongly denied in advertisements in Sao Paulo that it is pulling out of Brazil. "There is not the least basis for the rumours that there is underway a process of shutting down the activities of
      Reuter  -  361 words
    • Article
      Lock icon University trustees drop tobacco stocks
      304 5 AP JOHNS HOPKINS University, home to one of America's most prestigious medical schools, decided last Friday to sell its holdings in tobacco companies, saying the investments undermine its efforts to fight cancer. "The holding of tobacco stocks is incompatible with the university's mission to disseminate
      AP  -  304 words
    • Article
      Lock icon Miners' body slams Fiji working conditions
      143 5 AFP THE BRUSSELS-BASED Miners International Federation joined local pressure groups in Suva, Fiji on Monday in criticising what they claimed to be "appalling" housing and safety standards at Fiji's Australian-run gold mines. The federation's generalsecretary Peter Michalzik accused the Emperor Gold Mining Company of
      AFP  -  143 words
    • Article, Illustration
      Lock icon Britain to sell shares in power firms for £2.16b
      319 5 Reuter BRITAIN has put the finishing touches to one of its most troubled privatisations, naming a price of £2.16 billion (about 557.2 billion) for the sale of shares in two state electricity generation companies. Energy Secretary John Wakeham told a news
      Reuter  -  319 words
    • COMPANY BRIEFS
      • Article
        Atlantic Resources farms out oilfield
        116 5 DUBLIN-BASED Atlantic Resources pic said it has farmed out 50 per cent of an oil field offshore Ireland to an Australian/Dutch consortium. Atlantic will retain 50 per cent in the Helvick oil field in blocks 49/9 and 49/10 in the Celtic Sea aAer the farmout,
        116 words
      • Article
        GE unit idles 3,000 workers
        71 5 GENERAL ELECTRIC's major appliance division, a unit of General Electric Co, said it will temporarily idle 3,000 workers beginning February 25 for one week at its major appliance division plant in Louisville, Kentucky. The layoffs will affect the home laundry and electric range plants, a
        71 words
      • Article
        Brit Steel to axe another 1,100
        75 5 STEEL giant British Steel on Friday announced another 1,100 job cuts at its Ravenscraig plant in Scotland as well as lower blast furnace production. The announcement came a week after an initial 770 jobs were shed. The plant now employs 1,200 workers after more
        75 words
      • Article
        Mannesmann sees flat profit
        93 5 ENGINEERING group Mannesmann AG said it expected flat p>up net profit in 1990 after 504.6 million marks (***** million) in the previous year. A Mannesmann statement said: "The group's earnings in 1990 stood at the level of the previous year. Somewhat weaker operating earnings were offset
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        National Bank of New Zealand profit up 39pc
        91 6 NATIONAL BANK of New Zealand Ltd, a unit of Lloyds Hank pic, said its net profit in calendar 1990 rose 39 per cent to NZ$67.l million (5569.1 million) from NZ$4B million. The bank said in a statement yesterday that there had been
        91 words
      • Article
        Japan may cut discount rate
        120 6 J APAN is likely to cut its discount rate by one full percentage point from 6 per cent by May if the current economic slowdown results in declines in corporate profits and providing prices remain stable, an official at the independent Research Institute on the
        120 words
      • Article
        Iraqi bank put into liquidation
        136 6 IRAQI BANK Rafidain, which belongs to the Iraqi government, has been put into "provisional liquidation", the Bank of England announced in London last Friday. The central bank said the move, put through on Thursday, was taken to protect the Iraqi bank's assets. It also said
        136 words
      • Article
        Second Chinese insurance firm
        113 6 CHINA is to open its second national insurance company in April, ending a 42-year monopoly by the People's Insurance Company of China (PICC), an official report said on Sunday. The company, Pacific Insurance Co, will be run by the Shanghai-based Bank of Communications, with an initial
        113 words
      • Article
        Habib Bank opens office in Fiji
        120 6 FIJI'S interim government hailed the opening yesterday of a Habib Bank office in Suva, saying the presence of Pakistan's largest commercial bank would enhance the South Pacific country's business links with Asia. Finance Minister Josevata Kamikamica said the bank, which has considerable experience in
        120 words
      • Article
        Bank of Spain rates unchanged
        51 6 THE BANK OF SPAIN said it had left its key money market intervention rate unchanged at 14.5 per cent at yesterday's repurchase tender for central bank certificates. It also left the rate for three months Treasury bills unchanged at 14.0 per cent at a separate
        51 words
    • Article
      Lock icon EPF plans to diversify its investments
      397 6 Bernama MALAYSIA'S Employees' Provident Fund has proposed to diversify its present investment activities, especially in government securities, into other sectors such as properties, investment overseas and privatised projects on a joint venture basis, so that it can pay higher dividends to its contributors. On
      Bernama  -  397 words
    • Article, Illustration
      Lock icon No change in Thai banking rules
      272 6 Reuter LEADERS of Thailand's military coup have pledged no change in banking regulations, bankers said yesterday. Army chief General Suchinda Kraprayoon told local and foreign bankers at a 15minute briefing in Bangkok that the military junta which took power in a weekend coup would
      Reuter  -  272 words
    • Article
      Lock icon Indonesia to set up interest-free Islamic bank
      394 6 Reuter INDONESIA is setting up an interest-free Islamic bank to get round a Muslim taboo on usury. "Many Ulamas (preachers) believe banking is usury, and usury is forbidden by Islam," said Ali Yafie, a senior member of the moderate religious group Indonesian Ulamas
      Reuter  -  394 words
    • Article
      Lock icon Analysts bullish on Italian bank shares
      339 6 IHT IN THE long run, shares in Italian banks should prove very profitable, says Soly Cohen, an analyst at the Milan stock brokerage Belloni Tedeschi. "Over 10 years, if everything goes right, bank investments could compound at 20 per cent annually," he says. Unlike
      IHT  -  339 words
    • Article
      Lock icon US depositors show growing apprehension
      499 6 UPI US BANKERS say customers are beginning to ask unsettling questions about the security of their deposits and how much protection they can expect from the Federal Deposit Insurance Corp. "What we see, I think, is the front-end of anxiety," said John Brocks, president of
      UPI  -  499 words
    • Article
      Lock icon Banco Bilbao expects results to improve
      551 6 Reuter BANCO Bilbao Vizcaya SA (BBV), Spain's largest bank, will see an improvement this year after a mediocre 1990, said chairman Emilio Ybarra. But Mr Ybarra told an annual meeting at the weekend in Bilbao that the next two or three years will not
      Reuter  -  551 words
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      Page 6 Advertisements Column 1
      345 6 I Dr Donald B Sparks I I 4 k 5 Mar Hyatt Aryaduta. Jakarta I 6 Ik 7 Mar Hilton Hotel. Kuala Lumpur H 11 k 12 Mar Holiday Inn Crown Plaza. Bangkok H 13 k 14 Mar Hyatt Hotel. Singapore H I Advanced Course Programme I THE NEGOTIATION PROCESS
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      Page 6 Advertisements Column 2
      121 6 Standard Poor's Information Group WVERAGE... ~T—— you can use S&P Com Stock to run a variety ot analytical software, access key news such as AP/Dow Jones Financial Wire S ant j financial information services. S&P Com Stock can provide C you with everything you need to react to the market
      121 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon M'sian union lists conditions for wage reform
      434 7 Workers' congress dead against flexiwage MBT THE FINAL HURDLE in the way of talks on a national wage reform may have been removed now that the Malaysian Trades Union Congress (MTUC) is agreeable in principle to the idea. But the congress, which represents
      MBT  -  434 words
    • Article
      Lock icon KL encourages exporters to be more dynamic
      378 7 MBT MALAYSIAN EXPORTERS must explore new ways of doing business as well as develop new channels of trade to supply essential products such as foodstuffs, palm oil and palm oil products as well as other related items. Demand for these products is expected
      MBT  -  378 words
    • Article
      Lock icon Malaysia urges Japan to join economic grouping
      341 7 Bernama MALAYSIA yesterday strongly urged Japan to join the proposed East Asian Economic Grouping (EAEG) and to continue its investments within this region to further strengthen economic links which already exist. Deputy Finance Minister Haji Abdul Ghani Othman, in making the call in
      Bernama  -  341 words
    • Article, Illustration
      Lock icon Stop in the name of the coup
      54 7 A Thai soldier stopping a car for identity check at a roadblock outside the Prime Minister's residence in Bangkok on Sunday morning. The military seized power in a coup last Saturday, detaining ousted Prime Minister Chatichai Choonhavan and taking over national media centres.
      AP picture  -  54 words
    • NOTE BOOK
      • Article
        Sihanouk says '92 polls would be illegal
        77 7 CAMBODIAN RESISTANCE chief Prince Norodom Sihanouk said yesterday that elections planned by the Phnom Penh government in June 1992 would be illegal. The former monarch said the government had no right to organise general elections in Cambodia, "whose results would only reflect Hanoi's
        77 words
      • Article
        Viet economy still can't take off
        62 7 IN SPITE OF a market-economy drive and its massive oil reserves, Vietnam will enjoy no economic take-off until 1993, with US-led sanctions and dwindling Soviet aid to blame. "Since Vietnam cannot achieve accelerated growth without substantial foreign assistance, an economic take-off is unlikely to
        62 words
      • Article
        Referendum on US bases urged
        75 7 PHILIPPINE HOUSE SPEAKER Ramon Mitra has called for a referendum on the future of US bases in the country after senators threatened to scuttle a proposed treaty extending their stay. Mr Mitra said "a recourse to the ultimate political authority the people is necessary". "It
        75 words
      • Article
        Hanoi's mission to Beijing
        60 7 VIETNAM is trying to normalise relations with China and recently sent a secret delegation to its giant neighbour, but Beijing's response has been cool. The team, headed by Vu Oanh, secretary of the Communist Party's Central Committee, met Chinese party officials secretly last December in only
        60 words
      • Article
        Lead found in chopsticks
        59 7 THE CONSUMERS Association of Penang (CAP) has called on the Malaysian Health Ministry to test painted chopsticks to determine the level of lead content. CAP president Haji S M Idris said yesterday that of the 16 types of chopsticks it tested, eight had lead content higher
        59 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      226 7 Dp 1 J JjL i LdJLruIvII CONDOMINIUM V °WW" «jj» M*ii'r -.v. Countiy Club Living Right In Town Be the proud owner of an exclusive home at Pelangi's 176-unit condominium development (fo /A Located in Taman Pelangi, STCJLANG VIEW will make you feel right at home with its country club
      226 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Taiwanese businessmen on second mission to N Korea
        77 8 TAIPEI BUSINESSMEN, stepping up the hunt for new markets, embarked on their second exploratory mission to communist North Korea yesterday. The group of more than 40 members of the Taiwan Importers and Exporters' Association will meet North Korean businessmen and officials during
        77 words
      • Article
        Contracts to clean up Kuwait
        84 8 WITH ALLIED FORCES storming ever deeper into Kuwait, the exiled government has signed contracts to clear rubble and garbage once Iraqi forces have been ousted. A senior Kuwaiti military source said earlier on Sunday that Iraqis were destroying scores ot buildings as part ot a
        84 words
      • Article
        Israel picks privatisation chief
        48 8 ISRAEL appointed Joseph Nitzani to the chairmanship ot Israel's Government Companies Authority, the body which manages state-owned companies. Mr Nit/ani. 45. director ot the Tel Aviv Stock Exchange for seven years, will be in charge of privatising some ot the country s largest companies.
        48 words
      • Article
        China to be in Seoul show
        54 8 CHINA will send representatives of about 150 companies to Seoul in May for its first trade show in South Korea. An official with the Korea Trade Promotion Corp said yesterday the May 22-29 exhibition would include products and information on industries as varied as
        54 words
    • Article, Illustration
      Cautious optimism over Gatt talks
      709 8  -  Resumption provides second chance to seal deal on world trade From Christopher Powell in GENEVA THE URUGUAY ROUND of Gatt trade talks re-start today in Geneva amid an atmosphere of cautious optimism. According to Arthur Dunkel, the director general of Gatt (General Agreement on Tariffs
      709 words
    • Article
      Lock icon Pakistani govt in sweeping drive to privatise state firms
      225 8 NYT THE PAKISTANI government has introduced a sweeping programme to return many state-controlled industries and services to the private sector. Prime Minister Nawaz Sharif, who has been in office since November, is also opening the skies to private airlines and inviting
      NYT  -  225 words
    • Article
      Lock icon UK economy forecast to rebound by spring
      316 8 Reuter BRITAIN'S economy should start recovering from recession by late spring on an upturn in consumer spending, according to the London Business School (LBS). But it may be some time before the upturn shows up in official output and employment statistics. "Output is
      Reuter  -  316 words
    • Article, Illustration
      Lock icon Foreign companies still find the going tough in Japan
      681 8 NYT AFTER a five-year battle by the US and European nations to open Japan's markets and correct its big trade imbalances, imports have risen swiftly and Japan's huge financial surpluses have plummeted. On the surface, the changes seem substantial. But as
      NYT  -  681 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      405 8 Now! Your Chance to be fflPerfect I a limited period o n| y<^ otter lasts only until 30 April 1991. so hurry before you miss this once-in-a-lifetime chance to Buy WordPerfect 5.1 for only $399 if you trade-in join our Perfect family Sl C Sl y Ms7S 9 onMo ESSE
      405 words
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  • THE GULF WAR
    • Article
      Lock icon Quick win will aid US economy
      618 9 Victory not expected to end recession by itself NYT IF THE WAR ends in victory for the US-led forces in the Persian Gulf by late March, with relatively few casualties, the American economy will almost certainly receive a boost. But many economists doubt that
      NYT  -  618 words
    • Article
      Lock icon Baghdad lacks money to pay war reparations
      375 9 NYT IRAQ has very little money to pay war reparations, and had overdue debts to many creditors even before it invaded Kuwait, say current and former US government officials and other experts. A common theme of Iraqi peace proposals in the last days
      NYT  -  375 words
    • Article, Illustration
      Lock icon No guarantee of stability in Arab world after war
      699 9 NYT AS THEY gaze beyond the clouds of the Gulf war towards the future, many Arab officials and commentators sec more questions than answers and a great deal of bad news ahead. From Casablanca to Riyadh, supporters and opponents of Iraqi
      NYT  -  699 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      258 9 5 5 5 I > feflM' ,'iV > GRAND PRIZE A Toyota Corona tw n cam manual Sponsored by Borneo Motors (S) Pie Lid Call IDD. It costs so little, but you could win so much. Pick up your IDD line and you might also pick up bill entitles you
      258 words
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  • Article
    Encouraging competition
    494 10 EDITORIAL FOR CONSUMERS, Malaysian Airline System's offer of a cut-rate package to London last month turned out to be nothing more than a flash in the pan. The airline introduced a special return economy fare to London of 1,500, well below the standard London fare of around $2,300.
    494 words
  • WHAT THE OTHERS SAY
    • Article
      Decisive win needed
      235 10 THE ground war that has just begun in the Gulf signals the allied powers' determination not to let Iraq, and its shifty friends, snatch a political victory from the jaws of almost certain military defeat. No one relishes war, least of all those who have to die
      235 words
    • Article
      Albania's rough road
      125 10 ALBANIA is rocked by nationwide protests by students and intellectuals demanding the removal of communism icons, notably the statues and pictures of their late leader Hoxha. Because of its long isolation, Albania may find the roads ahead treacherous. It has to find ways to resolve inter-ethnic rivalry
      125 words
    • Article
      Bush deserves praise
      153 10 STRATEGICALLY, allied forces cannot stop their an raids and bombing attacks on Iraq while the ground war is going on. But whether these should immediately halt once Iraqi troops are forced out of K iwait will, perhaps, depend on whether Saddam hussein officially declares defeat and surrenders.
      153 words
  • REGIONAL VIEWPOINTS
    • Article
      Mercy in victory
      198 10 AS THE allies enter the climatic phase of the liberation of Kuwait, they shall not forget the maxim of courage in battle, mercy in victory and magnanimity thereafter. President Bush ordered the start of the ground campaign after his ultimatum had been spumed and after it was
      198 words
    • Article
      Yamamoto syndrome
      161 10 THE Gulf War has produced a number of new catch phrases which we sometimes have difficulty keeping track of. One new phrase that is being tossed around by Gulf War commentators and analysts is "Yamamoto syndrome". In essence, it means the ambition to lure away the Iraqi leader
      161 words
    • Article
      Turmoil and confusion
      164 10 THE House hearing next Wednesday on the alleged assassination plots may not be broadcast or televised to the public after all. This will certainly be a tremendous letdown to Muanchon party leader Chalerm Yoobamroong. Earlier this month, Chalerm submitted an urgent motion to the House calling for
      164 words
  • Article, Illustration
    Lock icon Short-term fall in oil price expected
    967 10  -  Oil experts and analysts say the ground war against Iraq is likely to result in lower oil prices, at least in the short term. But if the war drags on, or if chemical weapons are used, even the short-term price could rise. Matthew Wald
    NYT.  -  967 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      124 10 IH PUTTING YOU A STEP AHEAD Budget Seminar And Tax Update Our teams will be working throughout 4 MARCH 1 991 TAURUS ROOM the weekend to distil the budget, analyse MARINA MANDARIN SPM 7PM its content and calculate its effects on you and your businesses. We will be J our
      124 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      51 10 Doonesbury by garry trudeau MIND IF HJHAT? I SjHS I PO. I JUST f '1 WKI 5 IDUNNO... I TUNd IN THOUGHT WU UKS TO SCOPE I wA M/M/7E51 SOMZMOVIZ. THBNfm? HftTW MP THb NETWORK I Hfk 5 iNeePtv cov&AGe! eojpsrutps. Mm Si® iM nb wM KfTi J? M I
      51 words
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  • ANALYSIS
    • Article
      Lock icon Is the stage set for Gandhi's return to power?
      775 11  -  Rajiv Gandhi, who played kingmaker when Chandra Shekhar was installed as Prime Minister of India, has demonstrated more than once his political clout and analysts say that he might soon try to regain the premier's post. Raju Gopalakrishnan reports Raju Gopalakrishnan
      AP.  -  775 words
    • Article, Illustration
      The man who can move markets
      1276 11  -  For more than a year, Indonesian newspapers have been carrying reports about the privatisation of the Jakarta Stock Exchange. Last week, the country's capital market supervisory agency said the exchange should be in private hands by June and that its rules should be ready
      1,276 words
    • Article
      Lock icon A little chill need not lead to pneumonia
      909 11  -  A number of bankers and economists watching the present US banking scene are saying that bank failures, even huge ones, do not necessarily hurt, and may even help, the economy. Sylvia Nasar reports Sylvia Nasar NYT. WHEN banks fail, the carnage horrifies
      NYT.  -  909 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      270 11 CKOSS-fIEIPS ASIA WAOFK Wi UP CKOSS-FIQPS ASIA PAOFIC FT! LTD CROSS HIPS HOW TO REALLY DO BUSINESS IN THE USSR 8 AND HOW TO TAP INTO THE SOVIET MARKET r w m 2 This is an invitation to attend our presentation on g BUSINESS OPPORTUNITIES IN THE USSR. 2 26th
      270 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Pico subsidiary sees big potential in 3-D graphics
      493 12  -  By Claire Leow RIDING ON the increasing number of conferences and trade shows here, design firm Pico Art has formed a computer-based design house which aims to market software with three-dimensional (3D) graphics. The subsidiary, GT Communications, hopes that as more people
      493 words
    • Article
      Troubleshooting in microelectronics
      529 12  -  4 TECH UPDATE By Mike Loh The writer is the scientific officer at Sisir's Surface and Particle Technology Centre AS continual advances in the field of microelectronics result in ever smaller and more complex computer components, the risk of product failure due to micro-contamina-tion has grown inversely
      529 words
    • Article
      Lock icon Bold US plan to beat the Japanese in advanced chips
      443 12 NYT Government and semiconductor industry officials in the United States are planning a major new initiative to develop an extremely advanced computer chip and help the struggling American semiconductor industry leapfrog the Japanese. "It could be the Apollo goal equivalent
      NYT  -  443 words
    • Article
      Lock icon Advances augur well for consumers
      347 12 Reuter PLANS for a future generation of memory chips unveiled last week by Japanese firms may worry American and European competitors but they are good news for consumers. Japan's new techniques for making the semiconductors suggest the trend of ever more powerful computers, televisions and
      Reuter  -  347 words
    • Article
      Lock icon TECH TAKES
      416 12 Reuter APPLE COMPUTER has appointed Wilson Tan as the new general manager of its Singapore operations. He will work closely with the company's resellers in the areas of customer service, and channci and product development. Mr Tan joined Apple Singapore as sales manager early last year. He replaces
      Reuter  -  416 words
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      Page 12 Advertisements Column 1
      155 12 .1 Mme< H HH H HHH In spite of huge global obstacles, the prospects for developing Asia appear good for the rest of the decade. In our March Feature Story, ASIAN ECONOMIES IN THE *****, the President im J J T-| f 1 fcffißßß of Asian Development Bank explains why
      155 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      197 13 A sun-drenched tropical paradise unfurls to reality at the Marina Cove Resort. With its majestic sail-inspired roofs, the Marina Cove Resort's Clubhouse evokes a veritable nautical ambience, striking an impressive backdrop to its state-of-the-art Marina comprising 250 full-service slips for craft of up to 100 ft and dry stacking facility
      197 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      190 14 UIUIK rfl MHMF niMf MID ENTERTAIN WHERE TP WINE, DIME AND ENTERTAIN WHERE TO WINE, DIME t GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR
      190 words
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      Page 14 Advertisements Column 2
      248 14 rnn X J Yu Sheng 10th February 28m February. 1991 Yu Sheng. a must for all businessmen, the symbol for prosperity. A crisp and spicy raw fish salad that Is traditionary eaten during the Chinese New Year season. Enjoy festive specialties at RuYi. Gong Xi Fa Call I KAN PARANG
      248 words
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      Page 14 Advertisements Column 3
      285 14 HEADSTART ON LUCK Start off the Lunar New Year with the traditional feasting of For just $28+ and $12+ for to each additional helping of fish, the Imperial Yu Sheng will give IKM you a lucky start to the new year. Kv *gL A For reservations, call 298 0011 fijT
      285 words
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      Page 14 Advertisements Column 4
      302 14 >citjt^ liroiicj li^ rope BH S With over 60 world seeing you again! renowned dishes from European Buffet Lunch v 12 nations. you're going February 1— 28 to need more than one Noon 2.30 pm visit to savour all of Adult: $36++ H Europe's finest We'll be Child below 10:
      302 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      664 14 TELEVISION AND RADIO fliwwim:: wt hmmmWW—wt in—MUNMII 1 wwMft m• m\ f>w mummmm rpl f* J O SBCI2 tw rnSSStSSS.' T) GuWv«r BUSINESS ON RAD© lli6 Dertect cnme: «•».»«>*> XWWt/ VI AAA AW 7.30 PM Parenthood (See Our 5.35 Nm Adventures of Me- 6.30 IWifiees Programme. 7.10 am, 9.25 am,
      664 words
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  • LIFESTYLE
    • Article
      Lock icon The making of gore, with tact
      933 15  -  Janet Maslin finds out how Jonathan Demme approaches with caution a thriller that involves cannibalism, flaying, and moth-breeding Janet Maslin NYT EVERY director, in the opinion of Jonathan Demme, dreams of making a film more terrifying than anything he has ever seen. So Demme,
      NYT  -  933 words
    • Article, Illustration
      Lock icon Juggling to honour Mozart
      885 15  -  What gift would have pleased Mozart on the 200 th anniversary of his death? Bernard Holland hazards a guess Bernard Holland NYT People offer us two kinds of gifts the ones we ask for and the ones they want to give us. Mozart isn't around to
      NYT  -  885 words
    • Article, Illustration
      Defector Kozlov to dance in festival at the Kremlin
      715 15 CHATTERBOX FOR the first time since he defected from the Soviet Union in 1979, Leonid Kozlov will dance there this week. He left yesterday with 40 other dancers to present an American dance festival at the Kremlin. The group will perform
      715 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      313 15 AND ENTERTAIN Set Your Heart On Our Set Meals. I lunch ii I I I ■ajMl2Jopm !!<•»♦• I I Br wr-Vr W reRPIRSON I I Z DtNNFR tCPM TO I I L J1 10 JCI'M Jlfc SC. I I PKK person I 1 The Cafe-in-the-Park is well known for I
      313 words
  • Page 15 Miscellaneous
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  • SPORTS
    • SIDE LINES
      • Article
        Richardson wins first European PGA event
        96 16 STEVEN RICHARDSON of England birdied the first two holes on Sunday and went on to shoot a 70 tor the Gerona Open, his first European PGA Tour victory. Richardson finished this year's opening European tournament at 16-un-der-par 272, two shots better than Spain's Miguel
        96 words
      • Article
        Novotna takes Slims
        107 16 JANA NOVOTNA of Czechoslovakia smothered the net in the final two sets to come from behind to beat American Anne Smith 3-6 6-3 6-2 and win the US$l5O,OOO Virginia Slims of Oklahoma women's tennis tournament on Sunday. Novotna, 22, and the 31-year-old Smith both tike to serve
        107 words
      • Article
        Mauri wins Tour of Valencia
        73 16 MELCHOR MAURI of Spain maintained his seven-second advantage over Dutchman Steven Rooks in the sixth and final leg on Sunday and won the 49th Tour of Valencia. Eric Vanderaerden of Belgium edged Peter Pieters of the Netherlands and Gonzalez Salvador of Spain to win the
        73 words
      • Article
        Elliott in hospital
        73 16 CARLOS ELLIOTT, the Japan-based American beaten by Gilbert Dele of France for the World Boxing Association light-middleweight title, was still in hospital on Sunday "under observation". He underwent a brain scan which showed he was suffering from concussion but there was no permanent damage to the brain,
        73 words
      • Article
        Jansher demolishes Dittmar
        56 16 PAKISTAN squash star Jansher Khan made Chris Dittmar pay for his recent criticism of him on Sunday by crushing the Australian in the Welsh Classic semi-finals. Jansher rammed Dittmar's descriptions of him as "an absolute disgrace" and"a nightmare as world champion" back down his throat with a
        56 words
      • Article
        NZ dominates play
        95 16 NEW ZEALAND was dictating the outcome of its second cricket Test with Sri Lanka yesterday, the fourth day of the match in Hamilton. In the second innings, New Zealand was 239-4 at lunch, with an overall lead of 282. It lost two wickets yesterday morning, the first
        95 words
    • Article, Illustration
      Lock icon Couples has still to make his mark
      813 16 NYT FRED COUPLES is a golfer caught between a bantamweight ego and heavyweight ability. In an arena where most players cultivate a subtle cockiness and greedily feed off the slightest compliment, Couples seems almost embarrassed when his rare gifts of seemingly effortless power
      NYT  -  813 words
    • Article
      Lock icon Schulz's confidence gets big boost from LA Open victory
      333 16 AP TED SCHULZ, who has struggled for most of his pro golf career, believes those hard times are over. "This tells me I can really play with these guys out here and I have the confidence to go on and have
      AP  -  333 words
    • Article, Illustration
      Lock icon Edberg clinches first title of year in Stuttgart
      514 16 AP STEFAN EDBERG won his first title of the year and bolstered his No 1 ATP Tour ranking on Sunday, beating fellow Swede Jonas Svensson 6-2, 3-6, 7-5, 6-2 at the Eurocard Classics tennis tournament in Stuttgart. Edberg broke Svensson's serve three
      AP  -  514 words
    • Article, Illustration
      Lock icon Johnson loses for third time in six comeback races
      294 16 Reuter CANADIAN Ben Johnson lost for the third time in six comeback races when he finished second behind Cuban Joel Isassi over 60m in a bizarre photo finish at the Karlsruhe indoor international last Sunday. Johnson, back in action after a
      Reuter  -  294 words
    • Article
      Lock icon LeMond's fit and eager to win another Tour de France
      369 16 AP GREG LeMOND, back in Europe after a winter of training, feels that his three Tour de France wins are as good as the five victories that Bernard Hinault, Eddy Merckx and Jacques Anquetil have. "With my three Tours de
      AP  -  369 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      46 16 GRAPHIC WAR Graphic pictures Graphic words Inevitably, graphic PfcnV*' /f >to urS •>*""»<. For the latest li^^H in the Gulf War. llSlmil I 11 I The latest news Graphically captured andm UC h more. T i w n From lunch-time. in Ih© New ropsr. Monday to Saturday.
      46 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII ends higher but broader market eases
      3444 17  -  By Lilian Ang THE Singapore stock market closed broadly lower yesterday as investors alternated between bargain-hunting and profit-taking on news that the ground war in the Gulf had started over the weekend. The Straits Times Industrials Index drifted slightly lower in early trading.
      3,444 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3702 18 Main Board H Negara 410 +110 4-36.7% Eu V an Sang 3% +66 20.0% SIA Foreign 1640 40 2.5% NatSteel 930 +35 +3.9% NatSteel Wt 281 +29 +11.5% Semb Shipyard 650 F20 t-3.2% QCBC Foreign 960 +15 +1.6% F&N 855 +15 +1.8% (JOB Foreign 730
    3,702 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Share prices end mixed on higher Tokyo close
      3920 19 A SHARPLY higher close in Tokyo helped share prices in Kuala Lumpur to finish mixed yesterday after seesawing in cautious trading for most of the day. The KLSE Composite Index rose 1.94 points to 556.62 but the Industrial Index fell 4.39 points
      3,920 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      332 19 M BANK OF COMMUNICATIONS (Th»B«*o< CumimfcHw Co. Ud Humpm—d Ttpl Jttmn, R.O.C) BOARD OF DIRECTORS Chairman Kuo-Bhu Liang Managing Dlraolore Ltan Lung-HuT Yuan Song-Shi, C.M. Wang, Chan 8. Yu, CMMteno Wang Ph. D, Dlraclora Cmjnl Chang-I Wang, S. Y. Lki, &K Yang, T. W. Chiang, J. M. Wang, Han-Ung Chang
      332 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      247 20 Company Oat* Vaar Group Nat Nat aaraiags Grass ana ta proflt/lass (L) par shara dividand (*000) (cants) Hleong Credit Ian 16 Jun 90 MS24.462($18,074) 21 8(16 4) 10(10) CSC tan 14 Sep 90 $53.947($34,649) 308(235a) 15(85a) FAN Jan 14 Sep 90 $53 080($62.868 30 1(36 5) 17 9(17
      247 words
    • Article
      PRELIMINARY RESULTS
      258 20 Company Data Yaar Group pro-tax Nat aarnings Grass ann ta profit/loss (L) par sbara dividond fOOO) (cants) M6t F,nance Feb 21 Dec 90 MJ64.519($42.839e) 12 l(96a) 10(8 2a) Singmarine Feb 21 Oec 90 $29,831 (120.662) 19 0(13 5) 9(8) Steamers Feb 21 Dec 90 $11,575(111.889) 7.1(7.9) 8(8) ID
      258 words
    • Article
      INTERIM RESULTS
      382 20 Company Date Half-year Group pre-tax Intcrin ann to proflVlo*« (L) dividend ('000) Lmgui Feb 20 Dec 90 MJ3.3«8($2.671L) Cold Storage Feb 18 Dec 90 $19,171(119.349) 8.7(4.2) MS8 Feb 11 Dec 90 MJ10.256($4,005) M Banking Feb 11 Dec 90 M$181.960($155.358) 5(5 6a) BMT Feb 8 Dec 90 $600($457) 50(-)
      382 words
    • Article
      CORPORATE DEVELOPMENTS
      812 20 Feb 25 The Stock Eidunge ol Singapore has published a new list ot marginable securities, which has 173 counters, against the previous 186 companies Paramount Corp has obtained the Foreign Investment Committee approval tor the purchase ot Regency Tower in Kuala Lumpur tor MJ59.5m (SJ37 sm) in cash
      812 words
    • Article
      DIVIDENDS ANNOUNCED
      315 20 Currant Ex Bm«u Date Tatal lar Tatal far payment date ctoM payaMe tbejear last year Astan Find US9010(b) Mar 18 Mar 28 Apr 8 USJOIO Mia 5*TE Feb 25 Mar 7 May 15 125*TE 25*Tt MT 50% (I) Feb 20 Mar 4 Mar 6 50* 150* ftorjaya Copn
      315 words
    • Article
      RESULTS DUE
      490 20 Singapore Stocks Mr Conm Period Otto Yea IM tfi toi Itol anancad «K (cads) pnM last yaa (FO00) f riftufa Interim Nov 13 Dec 90 29.7 13.2 11.616(e) MT Intenm lan 10 Jon 91 254.2 150 0 773 tab F"al Feb 16 Dec 90 1.746L Rattan Menm Feb
      490 words
    • Article
      BONDS, LOANS & WARRANTS
      730 20 BONDS, LOANS WARRANTS Company Comnln period CorwiIoi ton* lor oao OfftHiy tlioro CM Ml Before 26/4/93 1 warrant plus $309 cash Causeway Lain Cauuway HI 2/10/89 to 20/10/94 1 warrant plus SO 77 cash or 1 warrant plus 50 77 nominal amount of loan stock Own ftp Notts 0— Hp
      730 words
    • Article
      APPROVED ISSUES
      178 20 Company Rights tow H Leong Cradt Two-tor five MJ2 80 per share Ex-date: Feb 21 Boots dose Mar 7 Acceptance i Payment NYA Petangi Bhd Two tor five Q Mil 60 per share Ex-date: Mar 4 Books dose Mar 18 Acceptance I Payment NYA Company Bonus Issiio H
      178 words
    • Article
      PROPOSED ISSUES
      259 20 Company Rights Issue Mean One tor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at M$1 per share with 10m detachable TSR Mm One tor four MS2 00 per share FAC8 Capital Reduction Scheme to reduce par value of shares
      259 words
    • Article
      COMPANY MEETINGS
      96 20 Weame Brothers Ltd: 76th AGM at 65 Chulia Street #33-00, OCBC Centre, Singapore 0104 on Wednesday, Feb 27, at 10.30 am. Ouiop Estates Bh± EGM at Kedah Room, Basement 2, Shangri-La Hotel, 11 Jaian Sultan Ismail, ***** Kuala Lumpur on Monday, Mar 4, at 9.30 am. IMted Overseas
      96 words
    • Article
      RECORD HIGHS & LOWS
      178 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1*1 1* 1209 70 25/2/91) J»J J}"* 19)1 inr 1022.52 (16/1/91) mi 1149 08 (iO/i/OD 990 Mt 1435 43 (16/7/90 *****2 (27/3/90) 990 Sr ***** (09/11 90 tar 1079.50 (11/10/90) 989 S* *****0 28 12/89 WU/89) 919 tar 917.42 (4/1 89
      178 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      528 20 SinGAPORE AIRLinES ANNOUNCEMENT The Directors of Singapore Airlines Limited ("SIA") are pleased to announce that on 22 February and 25 February 1991, SIA entered into the two Shares Purchase Agreements with Swissair Swiss Air Transport Company Limited ("Swissair"). SIA has agreed to purchase 64,000 Swissair shares from Swissair and to
      528 words
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      Page 20 Advertisements Column 2
      78 20 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      78 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei shoots up 559 pts on hopes of quick end to war
      2245 21 Reuter TOKYO stocks ended sharply higher yesterday, with the key Nikkei index at a new closing high for the year, on optimism that allied successes in ground battles mean the Gulf War will end soon. Trading was light,
      Reuter  -  2,245 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish sharply higher on bargain-hunting
      2061 21 Reuter BARGAIN-HUNTING and growing hopes for a quick end to the Gulf War sent share prices up to end the day sharply higher yesterday, brokers said. "When people saw prices weakening (in the morning), they bought into the market and got carried away," said
      Reuter  -  2,061 words
  • Page 21 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks close at five-month high
      • Article
        SYDNEY
        282 22 EUPHORIA over the apparent success of the anti-Iraq coalition's ground offensive in the Gulf swept the Australian share market to its highest close in five months. The All Ordinaries Index soared 25.8 points or 1.8 per cent to 1,412.5, the highest close since last September. Brokers said both local
        282 words
      • Article
        INDICES & TURNOVER
        89 22 INDICES TURNOVER Close Feb 25 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.412.5 2.228.7 793.1 98 03 1.386.7 2.1876 778.9 105 48 25.8 41.1 ■f 14.2 -7.45 BANGKOK SET Index Turnover (million bahl) 734.24 3,814 791.64 5,157 -57.4 -1,343 JAKARTA Composite Index NA 419.53
        89 words
      • Article
        Untitled
        1443 22 Australia Si' A Cents VoKW) AC Minerals 70 9 1580 Sc ACM Gold 36 -1 460 ANZ Bank 357 8 ***** St Aberfoyle 340 i 1 Adel Stm 52 -3 6829 Ta Advance Bank 550 22 951 T« Alcan 135 -5 90 Ti Amcor 457 17 7796 Ti Ampol Ex
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      • Article
        BANGKOK
        748 22 THE Bangkok stock exchange index fell sharply yesterday following Saturday's bloodless military coup which ousted the government of Prime Minister Chatichai Choonhavan. The Securities Exchange of Thailand (SET) index lost 57.4 points or 7.25 per cent to close at 734.24, compared to Friday's close of 791.64 points. Turnover dropped
        748 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        352 22 FKB 22 Index In local currency day year change change In S$ day year change change In LS$ day year change change Worid fEAFE Europe Pacific Far East 396.6 520.4 403.9 865.8 1128.1 0.1 0.0 04 -0.4 -0.4 10.7 10.7 10.8 10.6 10.7 -0.2 -0.1
        352 words
      • Article
        TAIPEI
        347 22 TAIWAN share prices closed higher yesterday after a day of volatile trade. The weighted index gained 65.94 points, or 1.3 per cent, to finish at 5,012.46 compared with Saturday's 4,946.52 close. Turnover was a strong NT567.9 billion against NT553.9 billion. Dealers said the market was inspired by rises in
        347 words
      • Article
        MANILA
        549 22 PHILIPPINE stocks yesterday shot past 1,000 points for the first time in 10 months on confidence about aid for Manila from donor countries in a pledging session in Hongkong and on the drop in local interest rates, brokers said. Unaffected by the ground offensive in the Gulf, Manila's composite
        549 words
      • Article
        SEOUL
        811 22 SEOUL stocks eased after early gains in frantic trade driven by optimism the Gulf War was hurrying toward an end given the reported early success of allied ground action in Kuwait, brokers said. The composite stock index broke through the 700 barrier, surging nearly 20 points in morning trade.
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      • Article
        NEW ZEALAND
        123 22 THE New Zealand share market yesterday interpreted the start of the ground war and the apparent speed of the Al- lied offensive in the Gulf as a sign to buy, pushing stocks up sharply at the close. The local bourse, the first to open after the start of
        123 words
      • Article
        Lock icon BOMBAY
        155 22 Reuter STOCKBROKERS on the Bombay Stock Exchange (BSE) boycotted trading after the exchange imposed penalties and suspended six brokers for breaking regulations. The exchange imposed fines, ranging from 43,240 rupees to 50,000, on six brokers and suspended them for three to 12 days, for evading margin deposits. "The punitive
        Reuter  -  155 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Ground war good for the markets
      849 23  -  THE S KANCIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio oj deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen
      Source: TeleTrac  -  849 words
    • Article
      Lock icon Greenback firmer on hopes of quick end to Gulf war
      519 23 REPORTS Reuter HOPES of a quick end to the Gulf war after reports of early allied successes in the ground offensive against Iraq boosted the dollar in early Europe trading yesterday. The dollar opened the European trading day clearly above
      Reuter  -  519 words
    • Article
      INTERBANK FOREX RATES
      392 23 Cross rates Feb 25 USS S$ MS Dm Yen SFr A$ NTS US$ 1.7235 2.7045 1.5100 132.35 0.5159 1.2935 1.2763 1.6736 SS 0.5802 1.5692 0.8761 0.7679 0.2993 0.7505 0.7405 0.9711 MS 0.3698 63.73 0.5583 0.4894 0.1907 0.4783 0.4719 0.6188 Dm 0.6623 1.1414 1.7911 87.65 0.3416 0.8566 0.8452
      392 words
    • Article
      FINANCIAL FUTURES
      1189 23 SIMEX EURODOLLAR 5 Open High Low Sett Est Vol Opflnt Vol Mar 91 93 22 93 23 93.16 93.16 3825 ***** 2403 S| jun'l 9M2 93.33 93 26 93.27 9510 ***** 8964 M Sep 91 93.14 93.14 93.08 93.09 2005 5807 1259 Ji L*c9I 92.71 92.71 92.68 92.69
      1,189 words
    • Article
      MONEY MARKET
      558 23 Interbank rates s$ Bid Offer Overnight 5 1/8 5 1/4 1-month 4 5/8 4 3/4 2-month 4 11/16 4 13/16 3-month 4 11/16 4 13/16 Overnight mode: 5-3/16 i;S$ Bid Offer 7 Jays 6 9/16 611/16 1 month 6 9/16 6 11/16 2 months 6 7/8 3 months
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  • COMMODITIES
    • Article
      Lock icon US credit markets ignore slide in commodity index
      395 24 NYT TRANSFIXED by war developments and forced to cope with a flood of new corporate and Treasury securities, participants in the US credit markets seem to have discounted or overlooked the continued slide of commodity prices in recent weeks. By the end
      NYT  -  395 words
    • Article
      Lock icon Johor to destroy cocoa trees hit by pod borer
      323 24 Reuter MALAYSIA plans to destroy over 5,600 hectares of cocoa trees in the southern Johor state hit by the cocoa pod borer to avoid the pest from spreading and destroying the state's entire cocoa crop. "We are concerned. The danger is
      Reuter  -  323 words
    • Article
      Large offerings from miners send KL tin lower
      840 24 REPORT THE PRICE of tin on the Kuala Lumpur Tin Market fell eight sen to M$ 14.97 per kg because of large offerings from Chinese miners returning from an extended Chinese New Year break. Dealers said the market was at a higher
      840 words
  • Article
    PRICES
    1373 24 Rubber Feb 25 HAS (Mia Mm) hstvi Noon Close Int 1 RSS Prompt 141 00/142 00N 140.75/141.75N Int 1 RSS Mar 91 142.75/***** 142.50/143 00 Int 1 KSS Apr 145.75/***** 145 50/146.00 Int 2 RSS OP 140.50/142.50N 140.50/142.50N Int 3 RSS OP 135.50/137.50f M 135 50/137 SON Int 4
    1,373 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      253 24 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50, AND IN THE MATTER OF STENHOUSE INSURANCE SERVICES PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter 50, that the FINAL MEETING of the Members of the abovenamed
      253 words
    • Advertisement
      Page 24 Advertisements Column 2
      286 24 THE COMPANIES ACT. CHAPTER 50 Section 290(2Xb) NOTICE OF RESOLUTION OEE HOUMNOS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Gee Holdings Pte Ltd held on the 21st day of February 1991, the foflowing special resolutions were duty passed RESOLVED; 1. That the company be wound
      286 words
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      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS Page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    930 25 City FHgM ETA FHgJrt ETD City ,235 GA892 0355 0,20 MM 0700 S 2220 MH630 0900 MH606 0740 GA886 SO 103 0950 SQ104 0830 AdalaMo SQ228 1910 QF82 2115 MH605 1020 MH/SQ 0950 0F7 2155 SO 105 1050 670 0350 SO 107 1305 MH670 0950 SQ109
    930 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A lounge to go with your flight
      485 25  -  POSTCARD FROM LONDON By Roger Collis AT AIRPORTS, all travellers are equal, as George Orwell might have said, but some are more equal than others. These are the folk who have the run of an airline club or lounge where they can unwind
      485 words
    • Article
      MONEY CHANGER RATES
      146 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3440 1.3640 Canadian dollar 1.4770 1.4970 NZ dollar 1.0200 1.0500 Sterling pound 3.325 3.345 US dollar I.72IO 1.7360 Local dollars to 100 units of foreign currency Austrian schilling 16.00 17.00
      146 words
    • Article
      WORLD TRADE EXHIBITIONS
      130 25 Duration Title Venue Organiser Tel Duration Title Venue Oigamser Td Keb 27- Photo One and Zurich. Zuspa 4I3IIS055 Eeb 28- 6th Exhibition Of Milan Trade Associazione 02/*****04 March 4 Video Exh.h.t.on Switzerland March 4 Materials Fa.r. Italy I'romo/.one in Zurich Equipment Mostrc Ecb 28- International Stuttgart. Sluttgarter
      130 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      34 25 Ronald, you'll relish Finnair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
      34 words
    • Advertisement
      Page 25 Advertisements Column 2
      286 25 BusINESs T I M E S TELEPHONE: 7 30-5937/5902/5942 FAX: 734-4982 S KILITH COISUI I A I 1 s offers RECRUrmENT: Executives Management Technical Engineers, Draftsmen Sales/Marketing Supervisory TEMPORARY STAFFING Engineering Drafting/Design Trainers/Instructors Office Clerical Computer Personnel HUMAN RESOURCE MANAGEMENT Development Behavioral Change Customer Service Strategic Planning YOUR COMPLETE PERSONNEL
      286 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      166 25 9 First movement of baton 28 *4^ ,n tr ub iB? f ihrfr nrrth Proverb going round in the YESTERDAY'S SOLUTION 2 First of these, in a Beelho- timb o r y ard (8.3) l/ .i. 1 .M. 1 .ui.,i,i„1N1 t l ven symphony, is a rous- iPlumoiFlFWAiFlAls t OINIei
      166 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      214 25 Singapore Outlook: Showers over a few areas in the late afternoon and early evening. Forecast: Maximum temperature 33.5 Assoc humidity 62% Minimum temperature 24.3* C Assoc humidity 89% Hours of sunshine 9.70 Rainfall in mm Nil Rainfall this month 22.3 Rainy days this month 6 World forecast Asia-Pacific Hi/Lo* Cond.
      214 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      40 25 kiHa.JB! .U'JHmSK9BST~ I Tne. s*s>NPrtUße Before fCH FtflvVS i rL»r\ lN T eJ ITjho J OfNflEDeviU, 7 &°°S RepOS r- y y I eeueve cm ejes.... 7 1/ v |T fiy* 3885, e#.^-' ISiJ rr\ --"iT n;o\ v txspi\M z
      40 words
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  • Article
    Four HDB sites to be put up for sale tomorrow
    352 26  -  Choice locations in Bishan, Yishun, Bukit Merah By Lee Han Shih THE Housing and Development Board (HDB), which has been holding back its land sales because of the Gulf War, said yesterday that it would offer four sites for sale
    352 words
  • Article
    Lock icon China sees need to control fast-rising foreign debt
    316 26 Reuter THE new head of China's Foreign Exchange Control Administration says foreign debt is growing rapidly and stricter controls on borrowing arc needed, the China Daily reported yesterday. The official newspaper quoted Yin Jicyan as telling a conference held by the administration
    Reuter  -  316 words
  • Article, Illustration
    Planned MRT link via Woodlands to cost $1b
    502 26  -  By Rahita Elias SOME $1 BILLION, or the cost of building 70 schools, will be spent in linking up the Mass Rapid Transit (MRT) stations of Yishun and Choa Chu Kang stations via Woodlands, Mr Mah Bow Tan, Minister of State for
    502 words
  • Article, Illustration
    Lock icon Aquino urges support for her chosen polls candidates
    231 26 AFP PHILIPPINE President Corazon Aquino, marking her fifth year in power, urged supporters yesterday to vote for the candidates she would back in next year's elections, reiterating that she would not seek a second term. "I will seek your help to elcct
    AFP  -  231 words
  • Article
    Lock icon MAS urged to get consultant
    231 26 Bernama MALAYSIA AIRLINES (MAS) should appoint a consultant to help upgrade its services as directed by the Cabinet, rather than conduct an in-house survey, the Malaysian Transport Minister. Datuk Seri Dr Ling Liong Sik, said yesterday. The Cabinet issued several directives to MAS after airline
    Bernama  -  231 words
  • Article, Illustration
    MPs as directors: where to draw the line
    934 26  -  The Bottom Line WALTER WOON WALTER WOON The writer, a senior lecturer at the National University of Singapore's law facility, is a director of Intraco Ltd. IN SINGAPORE, a director of a company need only possess two positive qualifications he must be
    934 words
  • Article
    Lock icon Jakarta not seeking to put off foreign debt repayment
    220 26 AP INDONESIA will not seek to postpone the repayment of its foreign debts in spite of the growing cost of serv icing them. Radius Prawiro, the Coordinating Minister for Economy, Industry and Finance, said at a meeting of provincial governors in
    AP  -  220 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      122 26 JIL Baume Mercier GENEVE 1830 EN BLOC SALE 36 APARTMENTS EXCLUSIVE LOCALITY NEAR BOTANIC GARDENS DISTRICT 10 Freehold Tenure 3-bedroom apartments Fully tenanted Total floor area 6,178 sq.m. (66,500 sq. ft.) Suitable for staff accommodation or service apartments operation a WE ARE INTERESTED IN THE PURCHASE 1 OF ABOUT 3
      122 words
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      Page 26 Advertisements Column 2
      156 26 Baume Mercier GENEVE 1830 I Seminar The 1991 Budget And Current Developments In Taxation The 1991 Budget is scheduled to be presented to Parliament on Friday 1 March 1991 The aim of the seminar is to provide a briefing on the main taxation provisions of the budget Recent developments in
      156 words
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  • Shipping Times
    • Article, Illustration
      S'pore aims to be port training centre for region
      424 27  -  By Selva Kumar HAVING trained abqut 3,000 personnel from 49 countries, Singapore now aims to become the premier port training centre in the Asia-Pacific region. And to this end the Port of Singapore Authority (PSA), which has also trained about 40,000
      424 words
    • Article
      Lock icon Number of Indon shipping firms increases 44pc
      219 27 Jakarta Post THE number of companies operating in the Indonesian shipping industry has increased sharply in the last two years by 44 per cent, from 275 to 400 at present. Hartoto Hardikusumo, chairman of the Association of Indonesian Shipowners (INSA), said that the
      Jakarta Post  -  219 words
    • Article
      Lock icon US and Japan agree on more air services
      217 27 AFP JAPAN and the US have agreed to allow Japanese and US airlines to inaugurate additional services between the two countries. Japanese officials said last Saturday that the new services, to be operated from early March, include passenger flights between Tokyo's Narita
      AFP  -  217 words
    • Article
      Lock icon S-East Asian shipping agencies now split into two major types
      832 27 Fairplay SHIPPING agency operations in South-east Asia have split into two distinct groupings: traditional agencies like Jardine Shipping Services (JSS) and Harpers Shipping, and the agencies that are run by vessel owners, predominantly to serve their own needs, such as
      Fairplay  -  832 words
    • Article
      New Thai maritime law will not affect rates
      457 27 SHIPPERS believe that the enforcement of a Thai maritime law to regulate the freight rate increase, imposing of surcharges and other fees by shipping lines will not affect overseas shipping conferences. According to The Nation, Mr Viroj Amatakulchai, president of Thai Garment
      457 words
    • Article
      Lock icon Australian Airlines to start talks with SIA about a tie-up
      196 27 Reuter GOVERNMHNT-OWNEI) domestic carricr Australian Airlines will begin talks with Singapore Airlines this week about a possible commercial alliance. Australian Airlines chairman Ted Harris said that two executives of the company would go to the talks in Singapore, which would
      Reuter  -  196 words
    • NEWS SUMMARY
      • Article
        Airlines battle their own war
        28 27 DESPERATE circumstances warrant drastic measures and airlines are resorting to staff cuts and fare wars in a desperate struggle to survive. Page 2
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      • Article
        US airlines expected to make quick recovery
        57 27 to make quick recovery THE Federal Aviation Administration has predicted that the airline industry would recover quickly from its costly recession as fuel prices stabilise once the war ends in the Middle East. But James B Busey, the agency's head, said the weakest
        57 words
      • Article
        US telephone firms cut rates from S Arabia
        64 27 UNDER pressure from Federal regulators, long-distance telephone companies in US are cutting their prices for calls from Saudi Arabia to the United States. And telephone companies, which handle most long-distance billing, have assured regulators that they will offer flexible payment terms to
        64 words
      • Article
        Iberia group fails to meet obligations
        34 27 ARGENTINE Economy Minister Domingo Cavallo has announced that a consortium led by Iberia Airlines failed to meet its financial obligations in the purchase of Aerolineas Argentinas Back Page
        34 words
    • LOG BOOK
      • Article
        Shipping lines reduce Middle East surcharge
        105 28 FORTY-FIVE shipping lines serving South Asia has cut the Middle East surcharge imposed three days after the start ot the Gulf War, a shipping conference spokesman said. The Jan 20 surcharge was being cut because the danger to shipping from the Gulf War had
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      • Article
        Nuclear ship leaves for trials
        70 28 JAPAN'S only nuclear-powered ship, the Mutsu, has left its home port of Sekinehama to begin a series of sea trials, the ship's operator said. The Japan Atomic Energy Research Institute said the planned trials were designed to determine the performance of the ship's 36,000-kilowatt pressurised
        70 words
      • Article
        Qantas may cut 2,000 jobs
        86 28 AN AVIATION fuel bill which has soared since the Gulf war began may force Qantas Airways to cut more than 2 000 jobs, an airline official said. Qantas faces a fuel bill of A 5773 million (551.03 billion) this financial year, up 70 per cent
        86 words
      • Article
        Samsung to export engine parts
        99 28 SOUTH KOREA'S Samsung Aerospace Industries, a subsidiary of the Samsung Group, will export US$4OO million (Ss6B4 million)) worth of aircraft engine components over 15 years to the United States, a company spokesman said. He said Samsung is part of an international consortium led bv Pratt
        99 words
      • Article
        Rail competition intensifies
        67 28 COMPETITION for South Korea's multibillion dollar high-speed rail project intensifies this week with the arrival of German President Richard von Weizsaecker. The Seou government expects to open international bidding in April on an US$B billion (S$ 13.6 billion) high-speed rail line between Seoul and the port city
        67 words
      • Article
        Honda may replace Civic model
        89 28 HONDA said that it would replace its Civic CRX HF subcompact model this fall with a version that would achieve 65 miles a gallon in highway driving and 50 miles a gallon in the city. The mileage ratings, if achieved, would represent a sizable increase
        89 words
    • Article, Illustration
      Lock icon Airlines battle their own war
      1513 28  -  Desperate circumstances warrant drastic measures and airlines are resorting to staff cuts and fare wars in a desperate struggle to survive. Jon Hurdle reports Jon Hurdle UPI IT'S a gallery of ghouls from the worst nightmares of the world's airline executives: a recession that cuts
      UPI  -  1,513 words
    • Article
      TRANSPORT DIARY
      983 28 March 5-7: Shipping 2()00 Towards Improved Shipping Operations Over the Next Decade, organised by Institut Kclautan Malaysia (IKMAL), Hilton Hotel, Kuala Lumpur. March 12-17: Aviation/Airport Support "91, Manila. Philippines. March 26-28: SingaPort "91 International Conference for the Maritime Industry, organised by Times Conferences. World Trade Centre. For further
      983 words
    • Article
      THE SHIPPING GUIDE
      12579 36 This is a list of ships loading at Singapore for ports around 1 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. Advaneed dates are published for a
      12,579 words
    • Article
      SHIPPING AGENTS
      3264 41 Containerline NV: Belsin Shpg Agencies Pte l.td (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: alsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,264 words
    • Article
      COURIER SERVICES
      248 41 Abacus ('Miners Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Ouster I.ink Supplies A Services
      248 words
    • Article
      AIR FORWARDERS
      1478 41 Abex Express Freight Tel: 542-7171. Fax *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activak Singapore Tel: 542-7822. Fax: *****20. Aeroliak Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express lateraational Tel: 542-7666. Fax: *****74. *****50. Air
      1,478 words
    • Article
      PORT CONDITIONS
      2823 42 ARGENTINA I San lorenzo: I by-products. I chemicals. I discharging chemicals; 3 t vessels in roads awaiting orders to load by-products. Kusariu: Two vessels in port loading by-products; 2 vessels berthed in ballast awaiting orders. Villa Constitution: Two vessels operating of which I loading grain. I I discharging
      2,823 words
    • Article
      AIR FREIGHT SCHEDULE
      447 42 ARRIVALS Op Flight I>pe ETA 1 From DEPARTURES Op Flight Type FID T lo TODAY JAl. JI6I7 B747F 0200 1 NRT KAI KE697 B747F 0220 1 SFI NCA K/.205 B747F 0310 1 NRT (I.X CV796 B747F 2215 1 I.UX/KUI TODAY SIA SQ802 B747F 0230 2 SYD/AKL KAL
      447 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      501 42 SHIP SALES TANKER RATES Reuter. AFP tonnage brokers reported the sales of three tankers; the 1981-built Polystar (61,438 dwt) to Hongkong buyers for U5522.5 million, the 1974-built World Protector (31,161 dwt) to Greek interests for about USS7 million, and the 1981-built Ambia Finjo (78.434 dwt) sold within Norway for around
      Reuter.; AFP  -  501 words
    • Article
      CRUISE & FERRY SCHEDULES
      227 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait I)t>p Name of Vessel ETA ETD Ports of Calls Port Agent FEBRUARY 26 26 Azerbhadshan 0800 2000 Pulau Sepa-Sin- Singapore Soviet Shpg P Kelang 26 26 Vignesswara 0800 1800 Cruise-To-Nowhere Greenseas Shipping 27 27 Vignesswara 0900 1800 Cruise-To-Nowhere Greenseas Shipping 28 28 Ocean Pearl
      227 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        706 43 V«Mi Voy No Berth Arrival Departr* Vtual Voy No Berth Anivil Oeparhre Vessel Voy No Berth Arm* Depart™ Vend Voy No Berth Arm* Oepartm Keppd Wharves Aratarrun Pr« OS/II (PI K36 alongside 25 02/1600 K Gotskiy Maiu Y Hua 1/91 03A/91 P3E P2B 26 02/0700 2602/0700 1C
        706 words
      • Article
        CONTAINER SCHEDULE
        1194 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookint/Babnce RsRs SNp Voy No Etb/Btr Period From To From ACX Jade 36A 27/1500 2 25/1700 26/0659 26/0900 4 26/1200 26/1159 26/1700 AJsia 067 28/0900 1 25/1500 25/1659 25/1900 3 26/0700 26/1159 26/1400 4 26/1200 26/1459 26/1700 B Meter
        1,194 words
      • Article
        IN MALAYSIAN PORTS
        368 43 Port Klang Berth at South Port on Feb 22: 1: nil. 2: nil; 3: nil; 4 Pernas Suasa II; 5: nil; 6; Hong Soon H; 7: Blue Marine; 7A: Jenwin; J Shell: Petro Mewah KCT: 8: Maersk Tauro; 9; Equator Pride; 10 ACX Jade North Port 11:
        368 words
      • Article
        DAILY FREIGHTS
        1142 43 DRY CARGO freight rates were firm across the board with strong physical demand and pressure for vessels in the Far East, dealers said on Friday. Small to handy sized bulkers are short in the Far East. Most fixtures reported were time-charter, where rates are harder, but some brokers
        1,142 words
    • Article
      Lock icon US airlines expected to make quick recovery
      837 44 NYT THE Federal Aviation Administration has predicted that the US airline industry will recover quickly from its costly recession as fuel prices stabilise once the war ends in the Middle East. But James Busey, the agency's head, said the weakest airlines might face
      NYT  -  837 words
    • Article, Illustration
      Lock icon Iberia group fails to meet obligations in buying airline
      255 44 UPI ARGENTINE Economy Minister Domingo Cavallo has announced that a consortium led by Iberia Airlines failed to meet its financial obligations in the purchase of Acrolineas Argentinas. Mr Cavallo said that the government is taking legal action that could possibly lead
      UPI  -  255 words
    • Article
      Lock icon US telephone companies cut rates from S Arabia
      266 44 NYT UNDER pressure from Federal regulators, long-distance telephone companies in US arc cutting their prices for calls from Saudi Arabia to the United States. And telephone companies, which handle most long-distance billing, have assured regulators that they will olTcr flexible payment terms
      NYT  -  266 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      116 27 Some Reasons For TOE SIR® MS IVEEKLY OVERSEAS EDfIION For other reasons, send in your subscription now. i in 111 ii ii i 111 Please send I Name: name: Address: Address: I Occupation: Occupation: Tel: Tlx/Fax: Tel: Tlx/Fax: I A AIRMAIL SUBSCRIPTION RATES: I I want to subscribe for months
      116 words
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      Page 27 Advertisements Column 2
      19 27 Your son is studying overseas. And you want hiin close to home with news from home. It -i %w!
      19 words
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      Page 27 Advertisements Column 3
      169 27 SANK HEMS NETtt. CO PTE LTD U rUAS AVE 14. SINGAPORE 2»3 TELEX RS 2067S 9RMCPI TEL: Ml MSS TCLCFM: Mi 2M« UMMACBnrc* I*ll 11IK tarttSMs torn 1 Lf.fJJ !j ft Ultijg /flgjjJ I>U ||||il •Etoctxtaikin 181 r««M MmlAfOM. MALAYSIA Coo»«U* I lIAILANCk, MOMM* •OM A LPG mil immi fCM
      169 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      88 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
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      Page 28 Advertisements Column 2
      5 28 Quick recovery expected. Back Page
      5 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1315 29 JARDINE SHIPPING AGENCIES AX) Cantonment Ruad #12 05 Southpwnt. Siigjpo'e 0208 \llVfr *****11 hi ex no rs ***** WRTmm TERMINAL CIS lei *****18 220 PMrtMyl BOOKINGS lei *****34 258 1 VQOQF M PESAKA JARDINE SHIPPING AGENCIES SDN BHD HOOT KELANG TIL *****18 TEIEX NO MA394/7 MA***** PENANG TEL *****4 TELEX
      1,315 words
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      Page 29 Advertisements Column 2
      847 29 INDEX! TOMWRTISERS Page Col P**c Col 'I I I M ~1 ABC Containerline 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 3 .MaerekLine 3 4/5 APL 5 3-5 «MISC 14 1-3 APC Line 13 4 M'sia Shpg Corp 9 1/2 •Arrow Lines
      847 words
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      Page 29 Advertisements Column 3
      2573 29 ■winwaima NEXT SHIPMENT TO U.S.A. MARIT MAERSK V. 9104 HA 5/3/91 Vessel Voy ETA I EfO *Poct *Penang DESTINATIONS Singapote Keiang INI »ce« Mar it Ma«<Mi 9104 Fccoei by vi 9600 HPS m F«( co Hi HHHBHHHHi IBH HI crs 3 ?3W MPS M Tauro OAK LGB MOU MEM ATL
      2,573 words
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      Page 30 Advertisements Column 1
      1347 30 k mm fcwJl KJj I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE MfißK OSAKA BAY 98/522 1/3 20/3 24/3 19/3 flflHIB i CITY OF EDINBURGH 94/524 3/3 21/3 25/3 22/3 uiMIMIMt HONGKONG EXPRESS 99/109 7/3 28/3 26/3 25/3 1. TOlKlWIur. KAGA 17/309 10/3 27/3 29/3 1/4 2/4 KtLANG
      1,347 words
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      Page 30 Advertisements Column 2
      595 30 niRPCT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SI.A I'I.OREANA 26-2H/2 11/J 13/1 19/3 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO ISLA FLOREANA 26 28/2 1/4 3/4 6/4 7/4 8/4 Agents: SINGAPORE: *****36 I VPkSAKA
      595 words
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      Page 30 Advertisements Column 3
      1507 30 I: ra—ian sjmm HHMHI REGULAR INDEPENDENT FULL CONTAINER SERVICE WE§TB6UND FbR 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 14/03 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
      1,507 words
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      Page 31 Advertisements Column 1
      1954 31 [s*Steamers Maritime Holdings Ltd P&O fInvSTRAITS SHIPPING Vkm £2 J Mmm n IrnMl, fast Malaysia. Containers MJW nmm «oy Ik P Mang Spore S'tor H'buif B'lawn ITdani Leti ACCEPTS DOE SAIIS OSAMA dAv »V 2 -BSER 2402 0103 26.01 2103 190J AO3 CARGO CITY Of tO'NBURGH H,VI TEX 2/02 040lJ?l
      1,954 words
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      Page 31 Advertisements Column 2
      1730 31 TO: U.S.A./PANAMA FM: U.S A./PAWAMA Sp OAK LGB Clll FOB SAV NOR NYC NYC MOW SAV Cll ICS OAR SP AMERICAN StNATOA IF 1W «l M V« 1M I*4 tt« t*PMI St HA TOW WAMS Mil 21/1 »1 H I >1 M M CHOVANG VICTORY If 110 10 4 12,4
      1,730 words
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      Page 31 Advertisements Column 3
      369 31 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 6/3 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Kobe 14/3 NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG.
      369 words
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      722 32 EBBS' CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSLJVOY STORE ROAM ADAM H BURG BREMEN ANTWERP TRIAS UNITYOO2WB 8/3 9/4 15,4 19/4 SRIWIJAYA,3I«B 29/3 6,5 12/5 16/5 20/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|act to Inducomant. Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste AISO
      722 words
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      Page 32 Advertisements Column 2
      845 32 M.\ HANJIN SHIPPING FEEDER VSI SINn LINE HAUL LAX OAK f~S pofel LEH RIM ANR HAM BRV FEL CHOYANG VICTORY 002E 27/2 H POHANG 107E 2V3 27/3 HANJIN LONCBEACH 037* 3 3 21 1 22 i .'l3 ?3 1 .'♦> i ?6 3 HANIIN SEATTLE 017E 4/3 H TONGHAE 08IE
      845 words
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      Page 32 Advertisements Column 3
      108 32 I POL (M) SDN BHD 35, 1«t llr.. Jalan Cun«ah. Port T*i: 3M92M 3MM7O W Maia»»i» S pore to E Malaysia Sarvtca 1 C 877 Bl SJ s'pofe UK V* T« L Ditu Pkilic Saudi) V2SI > Jfl 11-lH Cheung Mmj Vfll 2* 21/2 HW Sjbana Sjtu W»1 IVJ U
      108 words
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      Page 32 Advertisements Column 4
      1288 32 A f I d I rl IPKI SCP HKG KSC KLC PUS MKT OSK NGY SHU TYO LAX CHS BAL NYC LHV AN* RDM THP HBC PSO CMB PKI SGP I I GENTRY RE 03S 2/2 HI 4 3 7/3 I) U/J 13/3 IS/3 16/3 17/3 113 2*3 10.4 U'4
      1,288 words
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      1702 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 K AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48' TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44 *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 £3 K M03V*****3^ H p Kelang-(03) *****87, Penang (04) *****0,
      1,702 words
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      Page 33 Advertisements Column 2
      1059 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) I DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VtSSCIS VOYACt |s?0«£ |MANILA HKONG VOYAGE SPOPC PKIAKC MBURC B HAVf N
      1,059 words
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      Page 34 Advertisements Column 1
      1613 34 K LINE KAWASAKI KISI N K MSiIA, 11 i) jl I EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST VOY VESSEL ,UB 0.. CH, NYC VO, HOUS L. OAK FKY j» Tin-! noinri c. MOOtIIYW BR'DGt 18 .4 3 27 3 .HI 14 111 MAiKiNAi BR'DGF 43 6
      1,613 words
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      Page 34 Advertisements Column 2
      1251 34 \M PHIU-OmCNT UN€S PT€ LTD 108 ROfIINSON HOAD »0 00 GMG BUII OING SINGAPORE 0106 X TEI *****?? ?238/C9??51«00 TELFX RS 28/20 PHIL I FAX *****76 *****38 BY AIR, LAND OR SEA... Sflfe-jjJT WE TAKE ON THE WORLD FOR YOU MFMBER OF SINGAPORE FRFIGI IT FORWARDERS ASSOCIATION 3 MAR MONTREAL,
      1,251 words
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      Page 35 Advertisements Column 1
      1525 35 gSStPff PACIFIC INTERNATIONAL LINES (PTE.) LTD ill PIL Building, 140 Cecil Street *03-00. Singaporeolo6. 1 JAKARTA 1 j BANGKOK "1 VESSEL VOV SIN BKK SIN VESSEL VOV SIN JKT SIN HA Hu 910s 28/2 3/3 7/3 KOTA JADE 9104 27/2 2/3 5/3 HA Y |f«J 9106 28/2 3/3 8/3 EDEN
      1,525 words
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      Page 35 Advertisements Column 2
      1136 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOV SPORE PKLAN6 SHAMPTON HAMBURG BHAVEN ROAM LHAVRE Osaka Bay 98 522 1/3 I 20/3 24/3 19/3 VIA RD City of Edinburgj 94/524 4/3 VIA
      1,136 words
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      Page 35 Advertisements Column 3
      311 35 M MYANMA W* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg LOIKAW VI69W In Pt HPA AN VltOW K/H Feb MCRCUI VIO4W ill KUr THE BANK UNE (A ••r*ice of Andrew Weir Shipping) \\r SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW
      311 words
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  • Page 38 Advertisements
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      780 38 DSR-SENATORLINES INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUfBOUNO SIN FIX BRV RDM ANT HBC THUERINGEN KMIOB 1/3 30-3 »3 31/3 11(1 JAPAN SEN Wflll l«3 1/4 4/4 3/4 2/4 BREMEN SEN WFIU 13/3 »/4 6 4 S 4 10/4 TO EAST MEDITERRANEAN OUTBOUND SIN LCA Accepting (or
      780 words
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      Page 38 Advertisements Column 2
      1058 38 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 2472 ft 2/3 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 1/03 8/03 MANILA 2/03 7/03 PENANG 1/03 A 8/03 BUSAN 1/03 9/03 BANGKOK 29/02 2/03 TOKYO 28/02 7/03 HONG KONG 29/02 2/03
      1,058 words
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      Page 38 Advertisements Column 3
      316 38 W JE CONTAINER LINE] TEL. *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 2/3~i 9/3 I TOKYO 21/2 t 3/3 PORT KELANG 27/2 6/3 KOBE 3/3 W PENANG 1/3 t 8/3 NAGOYA 3/3 8 10/3 MANILA 2/3 8 6/3 YOKOHAMA 3/3 8 10/3 BUSAM 28/2 8 6/3 OSAKA
      316 words
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      Page 38 Advertisements Column 4
      1323 38 fe ta s si #4- s! 3 s CHRM OCEAN SHIPPING 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: *****82 (JAKARTA) MALAYSIA'S AGENTS: CHUNG CHIAO SHIPPING SDN. BHD. TEL: *****91 (KL) *****1 (PENANG) GUAN GUAN
      1,323 words
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      Page 39 Advertisements Column 1
      737 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 1/3, 11/3 I EUROPE all Ports 2/3, 9/3 BANCJKOK 2/3, 7/3 HONGKONG/CHINA 2/3, 9/3 SYD, MEL, ADEL, BRIS 2/3, 14/3 FREMANTLE 9/3, 17/3 MANILA 1/3, 8/3 PKLG/PENANG 3/3, 10/3 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
      737 words
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      Page 39 Advertisements Column 2
      314 39 RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) m FAX: *****15/*****03 f+l[ TELEX: RS ***** RISHIP (3 Lines) f£\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) acceptTng fcl and conventional VESSfct IvOY ETA [TOADINGTOA sponc ABBAY AON/ ?«WB 10/04 OARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAttA NEISANfI
      314 words
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      Page 39 Advertisements Column 3
      735 39 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
      735 words
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      Page 39 Advertisements Column 4
      473 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S PORE SYO MEL VESSEL VOY SINGAPORE BANCKO* PIYA BHUM o*2 15-16/3 28 30/3 01-08/4 WA NA BHUM# 03N In Pt 26/2 Fri 1/3 PLANET A 0246 03-04/3 16 11/3 20-21/3 JENLINK 44N Wed 27/2 Sat 2/3 PLANETA 02J13/4 15-1//4 '9 20/4 NANTA BHUM 30N Thur
      473 words
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      Page 39 Advertisements Column 5
      360 39 TO AUSTRALIA/NEW ZEALAND VSL Sin Frem Melb Syd Brisb Auck Direct Kea V99IS 4/3 10/3 15/3 17/3 20/3 26/3 Piya Bhum V 0302 15/3 1/4 28/3 D Kookaburra V993S 30/3 5/4 10/4 12/4 15/4 21/4 Piya Bhum V 0503 14/4 27/4 1/5 TNT Express V 269 26/4 2/5 8/5 12/5
      360 words
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      Page 40 Advertisements Column 1
      982 40 MAC-NELS SINGAPORE WORT tel *****22 11 WORT TEL *****02 PENANG TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL (089) 7/86/? P'KELANG TEL (03) *****7/ KUGHING TEL (082)*****3 sk AN TEL (089)*****2 I-AW- J BAHRU TEL (07) *****2 SIBU TEL (084 *****2 SAHIKEI TEL (084) *****8 W JAKARTA TEL (21)
      982 words
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      Page 40 Advertisements Column 2
      372 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI j KI'IXY CONTAINRKISKD MONTHLY SAILINGS discharoing at PI'YM°UTH port CHALMHRS Al'l'KPl INC. FC I. Lt L K)K AUCKLAND. NAPIKR, WKLLINGTON. BLUFF. niRISn HURdI. DUNKDIN. I.YTTKI.TON. INVKRC'ARGIL. FIJI AND TAHITI SIN N PLY AIM* LVT PROSPICT US 6 P MANDAMA 0592
      372 words
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      Page 40 Advertisements Column 3
      1057 40 /SS\ THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL IvBT I ETA IItST VESSEL VOT ETA PEST KIM SOON LI 7/91E 28
      1,057 words
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      Page 41 Advertisements Column 1
      41 41 CP E J JLDjQI ij SINGAPORE to MALDIVES 1 f|» f Cll :mf SINGAPORE to HUNGARY If' It E 111 I 111 SINGAPORE to SPAIN MM M :WM MMCT SINGAPORE to SRI LANKA COMMENCED IST DECEMBER For enquiries CALL 322 7505
      41 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      454 43 TIDES AND WEATHER TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0100 ****************************************1900 2000 2100 2201 2301 JR 19 17 15 14 14 16 18 22 26 2.9 28 26 2.2 16 12 08 05 04 05 08 1.4 19 2.2 2.4 PP 20
      454 words
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      Page 44 Advertisements Column 1
      393 44 CHARTPOINT Every Saturday in Business Times PT. PELAYAHAN. samudra agung POH AIK 184 27/2 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
      393 words
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      Page 44 Advertisements Column 2
      663 44 Airlines battle their own war. Page 2 JkHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK S£A HKG SIN CGM PASCAL 6K 2/3 7/3 25/3 28/3 31/3 30/3 HYUNDAI CHALLENGER 39H 21/1 1/2 3/2
      663 words
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      Page 44 Advertisements Column 3
      633 44 CHARTPOINT Every Saturday in Business Times IrtMP l-om Vov PMCIPKL Mother ¥««> lva» I SIN lIAX I OAK I MOU l OAL CMI NO* MEM NTC OUR USA Nbijyv* COL AM BMUM V U ALLKJUO* TRIUMPH TvW 4?T njT ?vT X/3~ Bfi 27jT 27/3 *7/3 HT SERVICE CALLS I AM
      633 words
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  • The Growth Triangle
    • Article, Illustration
      The Power of the Triangle
      233 45 IBM pownftt □P\, year alter, the vision has become reality. And its m. y underlying idea is fast cytrhmg on, with more growUi V^pdJ? <* w^ d &itonns > C part. Up north, serious <fik« have startedp^° a^ and fend to mlf*** Its growth. Riau
      233 words
    • Article, Illustration
      Strength to strength
      742 46  -  Chong Li Choy, Mark Goh, Lau Geok Theng and Caroline Yeoh give a strategic overview of the Triangle Chong Li Choy, Mark Goh Lau Geok Theng Caroline Yeoh The writers, from the NUS Sehool of Management, are writing a book on the Growth Triangle Regional economic cooperations
      742 words
    • Article
      Opportunities that are a-beckoning
      826 46  -  From light industries to poultiy farming to leisure-related activities, Liew Shin Liat runs the gamut of business openings the Triangle offers Liew Shin Liat Liew Shin Liat is director of the Strategic Management Consulting Division of Ernst Young Consultants Pte Ltd A STRATEGIC FIT based on
      826 words
    • Article, Illustration
      Lock icon Mix and match for a winning combination
      1365 48  -  Pooling different resource mixes to provide a spectrum of investment opportunities is the aim of the Singapore-Jonor-Riau Islands alliance. Alberto G Lapuz examines the business implications of the Growth Triangle Alberto G Lapuz Alberto Lapuz is vice-president and partner of A T Kearney
      Source: A.T.Kearney analyss,Central Bank reports for various countries  -  1,365 words
    • Article, Illustration
      Wealth of untapped potential up north
      1075 50  -  Our closest neighbouring Malaysian state can also be an ideal location for our efforts to expand investments overseas. Stephen Lee highlights Johor's advantages Stephen Lee Stephen Lee is the managing director of Great Malaysia Textiles Manufacturing. He is also the president of the Singapore
      1,075 words
    • Article, Illustration
      The right stuff for a boom
      785 51  -  Foo Tiang Sooi has a few guidelines for investors who would like to set up joint ventures in the Growth Triangle Foo Tiang Sooi Foo Tiang Sooi is a director at Coopers Lybrand Management Consultants Pte Ltd AN EMERGING trend in business today is
      785 words
    • Article, Illustration
      A legal minefield for investors?
      1119 52  -  John Dick and Fan Hock Lin examine the legal issues confronting the Singapore businessman investing in the Growth Triangle John Dick,Tan Hock Lin The writers are lawyers based in the Singapore offiee of the international law firm. Treehil! llollingdale Page WHILE the Growth Triangle conc
      1,119 words
    • Article, Illustration
      Be sure to look before you leap
      1009 54  -  Once you have made a decision to invest in Batam, you have to comply with the island s various regulations. Danny Teoh details them Danny Teoh Danny Teoh is a partner of an international accounting firm THE development of the Indonesian Riau islands
      1,009 words
    • Article, Illustration
      Success of a pioneer venture
      686 55  -  When PCI Pte Ltd set up a manufacturing facility in Batam last year, little did it realise that it would be one of the pioneers in the Riau Archipelago. S G Lee reports on nis company's venture S G Lee %SG Lee is vice-president of
      686 words
    • Article, Illustration
      Harnessed for growth
      699 55  -  A Fijii talks about his company's move to Batam ana its plans for growth A Fijii A Fijii is general manager, planning and administrative department, automotive business, of Sumitomo Electric Industries Ltd SUMITOMO Electrical Industries (SEI) was one of the first few companies to set up a
      699 words
    • Article, Illustration
      Caribbean of the East
      994 56  -  With tourism as the vital factor among th< three Growth Triangle countries, the partne are wasting no time in promoting a new tou package for the region. Suzanne Soh repor Suzanne Soh Suzanne Soh is a Business Times journalist Tourism, the obvious common factor binding all
      994 words
    • Article, Illustration
      Going upmarket
      920 57  -  With new shopping centres due for completion in Johor Baru in the next few years, Suzanne Soh checks out what the new developments mean for retailers on both sides of the Causeway Suzanne Soh Suzanne Soh is a Business Times journalist JOHOR BARU's spanking new shopping centres, scheduled
      920 words
    • Article, Illustration
      Johor gears up for the big league
      1041 59  -  In the race to get a larger share of the tourism cake, Johor has ambitious plans to become a high-quality destination for visitors. With work already started in the state, Suzanne Soh takes a look at Johor's tourism masterplan and the potential problems
      1,041 words
    • Article, Illustration
      Tapping the triple-treat potential
      819 61  -  With its key position as a gateway to Johor and the Riau Archipelago, Singapore can help boost tourism development in the Growth Triangle. The Singapore Tourist Promotion Board takes a look at this role while Lim Soon Neo, in the accompanying article, reports on the development
      819 words
    • Article
      Hotel developers urged to take cautious approach
      1059 61 THE Growth Triangle concept offers excellent opportunities for Singapore, Johor and Batam, but hotel developers planning to add rooms in the area should do so cautiously. That is the view of Ricky Goh, the president of the Singapore Hotel Association. "I don't think
      1,059 words
    • Article, Illustration
      Opportunities to land property deals
      761 63  -  With the crystallising of the Growth Triangle proposal, Amos Koh discusses the emerging openings in property development Amos Koh Dr Amos Koh is associate director of Knight Frank Cheong Hock Chve Baillieu (PropertyConsultants) THE BENEFITS which Johor can derive from the Growth Triangle include a
      761 words
    • Article, Illustration
      Lock icon A place under the sun for investors
      837 64  -  There's more to Batam and Johor than just factory space. There's also sea, sand, green and a growing leisure industry to plug into, writes Rickie Tang Rickie Tang Rickie Tang is deputy managir director of Debenham Tem x International (Internatioi Property Advist DRAWING
      Source: BIDA  -  837 words
    • Article
      Clubs to the fore on green, green grass of Johor
      564 64 THE YEAR 1989 saw the first foreign investment in Johor's resort development when Amcol Holdings Ltd acquired the Anak Bukit Development at Senai for Ms2o million (Ssl4 million). The acquisition was timely as the Johor state government was begining to
      564 words
    • Article, Illustration
      Realising real-estate dreams
      1190 65  -  Perhaps the clearest sign of progress in the development of the Tnangle is in the rise in demand for real estate. But, says Ong Choon Fah, the boom is not necessarily in all types of properties, and new land-use patterns will evolve Ong Choon Fah, Ong Choon
      1,190 words
    • Article
      Benefits for all Triangle partners
      874 65  -  By Bogy Yin Sum Boey Yin Sum is managing director of Debenham Tewson International (International Property Advisers) Singapore's proposal to develop the Growth Triangle has struck all the right chords. And the endorsement of the top leaders of Malaysia and Indonesia has speeded up the
      874 words
    • Article, Illustration
      Banzai! Here come the Japanese
      1017 66  -  Genevieve Cua takes a look at why the Growth Triangle is attracting the interest of Japanese investors Genevieve Cua Genevieve Cua, journalist, covered the joint Singapore-Indonesian investment promotion team which visited Japan last December Hikoshi idah, president of car stereo manufacturer Ten Corporation, typifies the
      1,017 words
    • Article, Illustration
      Not just any triangle, it's an equilateral triangle
      911 66  -  It would be very unwise to conclude that Singapore would emerge the winner in tne Growth Triangle concept only at the expense of Johor and Riau, argues Tan Kee Wee Tan Kee Wee Dr Tan is a research fellow at the Institute
      911 words
    • Article, Illustration
      Pebbles on the beach
      972 67  -  The Growth Triangle has spawned quite a few golf clubs in Johor and Riau. Although the proliferation of such greens has kept membership fees stable, there are queries to be answered. Like how good really are these clubs? And what implications do they hold for the
      972 words
  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      525 45 CONTENTS ALL FOR ONE BY combining their strengths, Johor, Singapore and Rian can be more competitive than if each had gone solo. The idea is to get investors to look at the three as one, and not as three states competing for capital. PAGE 2 STRICTLY BUSINESS WHILE the Growth
      525 words
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      148 46 Are you willing to have a business in Indonesia? Go in with our knowledge on your side. ®BANK DAGANG NEGARA STATE COMMERCIAL BANK Head Office Jl M H Hiamnn No 5. Jakarta Phone »>1707 -3WJOHUO, PO Box I.tjft/JKT Jakarta 1000.?, INDONESIA fclc* M 628 BDNUI NIA BDNIJLN lA. ***** BDNUI
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      82 46 First Regular Containerised Service Between Singapore And Batam t KS HI >Sv gr 11 ii i —y- Kj| L i Mriii i| H LI 1 d hum nffirtKfllllM One-Stop Integrated Logistics Service. Door-to-Door Cargo Services Regular and Reliable Shipping Schedules Total Documentation Support Warehousing Facilities Local Distribution Packaging Special Project
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      561 47 HOW TO FIND A PEARL BY THE STRAUS OF JOHOR. TANIONG PUTERI TANJONG PUTERI HEIGHTS GOLF &.COUNTRY CLUB Spacious luxury bungalows on plot sizes of minimum S^IMfC ijUiii MV"A4JML found around the golf course, some on hill tops amidst the green. There will w also be exclusive condominiums and townhouses.
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      244 49 J /**?«'W* y**' f *~v 'jf*:«- 12. v %j ->« -jtf I ill KBMrar* ?>*.> V K' -H yj V *H^^H ><&c j m S^ n v I jB n^ HHi wscy i- a?* .iBHSk is?aßl H[ mmmmSmSSßSmu «pfe v 'i f Bffiri .t''- HMHHR9HIRIHH Mi:. H Bn ■EBBEBBEBEHiS H
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      145 50 4fe. WATERFRONT CITY B^^H|^^^^^^HMVMhwjKl f n&Km |LJ[ hL > K H *gatWE vw A>t <gj ii /is OCEAN PARK w ■VP SEAFRONT INDUSTRIAL ESTATE HOUSING ESTATE s*-~ JHj^jjS <a I f ijffkM B IPiJ itw T 3B^I v i U|^M|H|^H .vJ \*.'«L^s? '■■BCSaJyy TtV* Ml nil'Mr I*-"- «MK DEVELOPED JOINTLY
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      79 51 I CITY RATAM A ■■S^^BSw <:^||^^^^^^HKmfi|«|VnQ^^H^^BߣMn9KMflHßM^HHH jbHSbBB hhHHKIS -B q^^npM? y v V I g^pS^; L I. Hfyr. BkV'S *^Jj^ MARKETING AGENTS jSSSSSSSSSi DEBENHAM TEWSON PBGR Management Marketing Pte Ltd CITY VALUERS PTE LTD ISLAND CLUB CONDOMINIUM PTE LTD 100 Middle Road Hlt Coiiyer Quay #13-01/02 30 Robinson Road #10-02
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  • Page 51 Miscellaneous
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      486 52 GOOD IDEAS KEEP COMING UP Uh-0h... A fax message is coming in. In the middle of it all the paper jammed (or ran out). You're expecting an important call after office hours. How to let the caller know where he can reach you Your client dials your faxphone number and
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      133 53 I M I K DON'T f MISS m THE M BALL. U M M ;M M B Kj/J^OOLFOIB ,v ,ww Phase 11 membership drive is coming your way soon So if you've missed out on the tirst. don't miss it again this time around. Existing 9-holc gulf course available for
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      223 54 The Ingenicur from IWC. The Ingcnicur from IWC. It takes 222 individual parts to make the It takes 233 to make the world's smallest world s largest perpetual calendar watch chronograph with cumulative timing, display, in 18kt gold. The world's smallest chronograph with cumulative timing does not stay tar from
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      184 55 t /J^l i|^l B SIHHUr i^l LET US HELP TURN YOUR IDEAS INTO ASSETS IB n a business, it takes ideas to move you For years, Hong Leong and Singapore I ahead. At Hong Leong and Singapore Finance have worked with thousands of Finance, we provide the expertise and put
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      236 56 s lip? Traklndo your partner for success Trakindo's Batam branch has been 2 VA Ag* U neC< su PP t or established since the earliest days Ifl *****111 assistance on yourjob at Batam, of Batam's development. We are pleaSC Call US Let Trakind^°rt^! th sure we can assist you whether
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      25 57 FOR YOUR GLOBAL REACH JOHOR OFFERS YOU THE MALAYSIA, INDONESIA AND SINGAPORE.. YOU WILL |i RIM INVESTMENT IN JOHOR THE HINTERLAND TO THE JOHOR-SINGAPORE-BATAM GROWTHTRIANG^E
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      453 58 Batam Industrial Park. We Are Operational. .■■lllll*' ll I*'■ .W*""* B II I Type A factory Jj ,fe ji! 'h" \e 4 f-r- 9|Hh" I. rf 5. •''l i Telecommunications tower Power substation Water treatment plant Less than a year from the Groundbreaking ceremony on 28 February 1990, Batam Industrial
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      96 59 (service) ASr\ goldbell OUR /STRATEGIC («^SSSS^ Goldbell Engineering is a leader in the supply and maintenance of materials handling, transport and construction equipment. In a few short years, we have established the names of our principals in the forefront of their industries. The three-cornered foundation of our strategy for success
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      303 60 The Comprehensive Township With A Difference. PERMAS )AYA We Build Homes. Not Just Houses. J-y"i 'fij Nesrled in rhe prime development zone, IS southern of Johor is rhe premier township, 1 F #o*' Permos Joyo. Srrotegicolly locoted oround lAva jc/ V V The Golden Triongle Economic Zone of PERMAS JAYA
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      626 61 AOVERTIBEMENT sssr TIMFPIFrF^I 1 iiYirji iiiVoj —k PERFECTION IS A CHALLENGE I m TIME IS ITS WITNESS J» url UKI Eberhard Co. Swiss made since 1887 Bfß fnA Wright Brothers Fly First JgISHL Heavier than Air Plane 1903 December. Wilbur and weight 25 hp engine pro >" Orville Wright, two
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      302 62 JygHißßwSSMß^on nippw"^/,..Egj&ra^v <™<*** BBM > l»:, i B l'l'l'lll' l'lt 1 I *5 >l *|jy|m \t^^^^^^^^^ujk^ljllllß&lattßßH^^B Ir Nestled within a cove at Pulau Bintan, 1 the biggest among the Riau islands. A 111 1 1 A I Gateway to one of the world's most I I I I I I
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      203 63 Jlp p& nWP No restriction to foreigner Ample labour supply Over 10,000 families live in the township. Strategic Location Easy Accessibility 6-lane Kota Tinggi highway linking Johor y? Bahru to Johor Jaya is under construction. r J OnlyBkmtoPasirGudang. 10 km to Johor "-j, 'I Bahru. Linking highway to Senai International
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      65 63 BALLAST INDONESIA /$S Crf p£| -y T '^1 General Contractors j|Kl "^~4g»«i«.»ttv< »«i<w Batam Branch Office Jakarta Head Office Singapore Support Office P.O. Bo* 101/SKU P.O. Box 478/KBY 9. Penden Road Batam ***** Jakarta Sdatan Singapore 2260 Indonesia Indonesia Tel (65) *****38 Telp. <62) *****940 Telp. (62) 21-*****89 MrJ .P.
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      156 64 TOTAL WATER MANAGEMENT ENGINEERING MANUFACTURING INSTALLATION CONSULTANCY SERVICING Skid Mounted R O Unit Continuous Sand Filtration System and Inclined Plate Clarifier Industrial Walerß 0 u ULTRAPURE WATER EFFLUENT PUMPS WATER TREATMENT PHARMACEUTICAL TREATMENT CARTRIDGE FILTERS CHEM CAL > WATER SEWAGE PERMEATORS DEIONISED WATER POTABLE WATER TREATMENT lON EXCHANGE SUPPLY DESALINATION
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      325 64 ANNOUNCING The Conference on the Growth Triangle Explore the opportunities in Singapore, Johor Riau Islands as "THE CARIBBEAN OF THE EAST" Official Opening by Y.A.B. Tan Sri Haji Muhyiddin Bin Haji Mohd. Yassin Menteri Besar (Chief Minister) for Johor State, Malaysia 4-">th April 1991 Hyatt Regency, Singapore An exclusive industry
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      156 65 Indonesia is regarded as the land of strong support from our state-of-the-art opportunity. But the fact remains, it is still systems and service back up. a foreign land. It helps then if you have the So if you can see opportunities in benefit of a knowledgeable partner to guide Indonesia,
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      105 66 SSI GIKEN SAKATA (S) PTE LTD 5041 Ang Mo Kio Industrial Park 2 #01-493/499 Singapore 2056 Tel: *****76 Fax: *****27 Tlx RS3ss72Gikens S Assembly of Cassette Mechanisms, Compact Disk Mechanisms, Video Tape Recorder Mechanisms and Floppy Disk Drives, Manufacture of High Precision Shafts, Turned and Machined Parts for Computer and
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      125 67 "WE DID IT, FIRST TIME ROUND. AFTER ALL THOSE YEARS WE SPENT TOGETHER AT SCHOOL, I KNEW WE'D MAKE AN UNBEATABLE PARTNERSHIP." m ifl 1 W: xn v OMEGA. The watch that records the world's significant moments. At the Olympic Games. In outer space. And exclusively for you. f X
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