The Business Times, 17 December 1990

Microfilm: NL17372
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday December 17 1990 75«
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  • NEWS SUMMARY
    • Article
      Malaysia to sign submarine deal early next year
      44 1 MALAYSIA will sign an agreement by early next year to buy its first four submarines. Malaysian Defence Minister Najib Abdul Razak said in Kuala Lumpur yesterday that the deal was in the final stages of negotiation.
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    • Article
      Philippine Trade Secretary resigns
      39 1 PHILIPPINE President Corazon Aquino yesterday accepted the resignation of controversial Trade Secretary Jose Concepcion the second Cabinet official to go amid a furore over the alleged mishandling of*the economy severely affectcd by the Gulf crisis.
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    • Article
      Fewer births
      29 1 SINGAPORE women had fewer children last year than in 1988, but this may have been a hiccup as the numbers have risen again this year. Page 2
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    • Article
      Look abroad call
      26 1 THE Malaysian government is keen to encourage local businessmen to venture overseas, especially in projects that use the country's natural resources Page 8
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    • Article
      Fed in bind over rates
      42 1 A SURPRISINGLY strong November inflation rate may prevent the US Federal Reserve from cutting interest rates soon, in spite of signs that the US has fallen into a recession after eight straight years of growth Page 10
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    • Article
      Aid offer to Moscow
      35 1 SOUTH KOREAN President Roh Tae-Woo says his country is prepared to offer a broad range of economic aid, including long-term financing, to help the Soviet Union pursue economic reforms Page 10
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    • Article
      Firm going regional
      26 1 A FORMER in-housc management consultancy for the civil service has plans to become a big player in Asia's booming consulting industry. Page 13
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    • Article
      Christmas CDs
      31 1 AS Christmas approaches, our reviewers list the CDs they would certainly want to find under their Christmas trees if they had to start their collections from scratch Page 30
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    • Article
      Service suspension
      35 1 FACED with inadequate space in their joint Mediterranean service, Neptune Orient Lines and Orient Overseas Container Lines are suspending their service from next month to consider new alternatives. Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      MUI buys into park
      22 1 MUI has acquired a 31 per cent stake in a large US theme park and resort Page 3
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    • Article
      Trust move welcomed
      32 1 MENDAKI's decision to introduce a unit trust fund especially tailored for the Malay/ Muslim community is well timed and well conceived, say financial analysts contacted bv BT Page 3
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    • Article
      Exchange plan lauded
      28 1 THE KLSE welcomes the proposal to set up an options and financial futures exchange if it benefits KLSE members, says the exchange's head. Page 3
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    • Article
      Rescue bid for casino
      29 1 LAWYERS FOR real estate magnate Donald Trump have filed a debt restructuring plan with New Jersey regulators for the troubled Taj Mahal Casino Page 5
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    • Article
      Help from US insurers
      32 1 THE BUSH administration may turn to private insurance companies for help in buttressing the depleted governmentrun fund that insures bank depositors against default, say US officials Page 6
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    • Article
      Dim chances
      23 1 CHANCES of early agreement on plans to liberalise rules for securities brokers operating across the European Community have receded Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 589.25 -1.78 Kuala Lumpur .508.11 +2.68 Hongkong 3,125.69 -24.43 Tokyo 24.349.50 -293.47 Sydncv 1,310.0 -100 New York 2.593.81 -20.55 Ixtndon 2,168.4 -3.8
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    • Article
      CURRENCIES
      19 1 Exchange rates US$ SS 1.7130 Yen SSI.2977 MS SS0.6361 Money market rates Overnight 5-1/4 unch 3-month 5-1/2% +3/16
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    • Article
      COMMODITIES
      36 1 London Gold PM fix IJSS373.25 IJS$0.10 Rubber S'porc Jan I50.25*/kg unch M'sia Jan 239.50Vkg -0.50 KL Tin Turnover 39 tonnes +9 Spot MS 15.17/kg unch Crude palm oil Turnover 1,955 lots +1.382 Jan M$846/tonne 11
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  • Article
    S'pore-based firms discuss refinery project with Hanoi
    386 1  -  Contracts expected to be finalised early next year From Harish Mehta in HANOI SINGAPORE-based oil companies have had talks with Vietnam that centre on building a refinery in oil-rich Vietnam, according to officials in Hanoi. Sources say that three Western foreign oil companies
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  • Article
    Gulf crisis puts squeeze on petrochemicals
    381 1  -  By Genevieve Cua THE stalemate in the Gulf has had its impact on the region's petrochemical industry as prices of raw materials have escalated. On the average, prices of petrochemicals have soared by 30 to 40 per cent, the Singapore Chemical Industries Council (SCIC)
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  • Article
    Lock icon S'pore and Malaysia to form committee on environment
    181 1 Bernama MALAYSIA and Singapore have agreed to form a joint committee on environment following talks by their respective environment ministers in Kuala Lumpur. Science, Technology and Environment Minister Law Hieng Ding and Singapore Environment Minister Dr Ahmad Mattar agreed that the committee
    Bernama  -  181 words
  • Article, Illustration
    Lock icon Polly Peck chairman arrested in London
    296 1 Reuter THE CHAIRMAN and chief executive of the troubled international fruit-to-clectronics conglomerate, Polly Peck, was arrested at London's Heathrow Airport last Saturday, the British Broadcasting Corporation reported. Asil Nadir, whose company collapsed three months ago after Britain's Serious Fraud Office began investigating alleged share
    Reuter  -  296 words
  • Article, Illustration
    Consplant seeks new markets to stay competitive
    550 1  -  By Shoeb Kagda SQUEEZED by a tightening labour pool and rising land costs. Consolidated Plantations is actively looking to operate in new markets to stay competitive, says its managing director Dato Mohamed Sulaiman. The company plans to set up a distribution arm for
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  • Article
    Lock icon Daim warns stockbrokers
    188 1 AFP THE MAIjVYSIAN finance ministry has warned stockbroking firms to raise their paid-up capital to Ms2o million by the end of the year or face suspension or the loss of their licences. Finance Minister Daim /ainuddin issued the warning to brokerage houses in central Klang Valley at
    AFP  -  188 words
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      266 1 p M1KIMOTO I he Originator of Cultured Pearls Since 1093 Authorised Retailor KAMPOOLI JLVVLLLLUS ♦»S On hard RojJ #01-07 IMj/j (Ground 1 loor) Singapore 0923 Tel: 336-1381 Aircraft Schedule 31 Market Reviews 20 World News 10 The Arts 29.30 Money Changer Rates 31 Work) Stock Markets 22 Commodities 27 Money
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      3 1 Analysis, Pg 12
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      151 1 #Sterlingi 1 I HOME FURNISHINGS I The Lx)k ofsuccess, >. r #03/319-323 Manna Square, 6 Raffles Boulevard, Singapore 0103 Tel 338 8661 V-.... yf i DAD, Rill YOD STILL SEE THE SAKE STARS TOMDRRDi^I Well, that depends where latest financial figures Dad travels. Tomorrow, he's Our network stretches heading off
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  • HOME NEWS
    • Article, Illustration
      Businessmen back youth scheme
      486 2  -  By Anna Teo WHEN former Sembawang Group chief executive C N Watson returned to Britain two weeks ago after 22 years in Singapore, he left behind "one piece of unfinished business". That is the launch of the Duke of Edinburgh award scheme to encourage selfachievement in
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    • Article
      Higher-educated women bearing more children
      357 2  -  By Shoeb Kagda SINGAPORE women had fewer children last year than in 1988, but this may have been a hiccup as the numbers have risen again this year. According to the 1989 Population Report released by the Ministry of Health, the total fertility rate (TFR)
      357 words
    • Article, Illustration
      $50,000 nest egg for the birds
      190 2 FIFTY thousand dollars: that's what the Malayan Nature Society (MNS) hopes to raise by the end ot the year for the conservation of local wild bird life. The fund-raising effort, undertaken by the bird group of MNS' Singapore branch, includes the sale of cards
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    • NEWS ROUNDUP
      • Article
        Third quarter retail sales of textiles up
        110 2 RETAIL sales of textiles and personal effects were, in volume terms, up by about 11 index points in the third quarter of the year over the previous quarter. This was despite the nine point drop in the overall retails sales index, which has
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      • Article
        SLF posts $4.3 m surplus
        123 2 THE Singapore Labour Foundation (SLF), which recently launched the Orchid Country Club, generated a surplus of $4.3 million for the year ended March 31. Dividend income received from subsidiaries totalled $1.3 million while the sale of investments and two Pasir Ris bungalows brought in an
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      • Article
        Habibie to call on PM Goh
        45 2 THE Indonesian Minister for Research and Technology, Professor BJ Habibie, will call on Prime Minister Goh Chok Tong this afternoon at the PM's Office at the Istana. He will be accompanied by Mr Hadiatmo Harsojo. the Indonesian Charge D'AtTaires.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      442 2 GOOD IDEAS KEEP COMING UP Expanding software, m Increasing functions^ [Ml Business Cards Dictionary Cards f? English to French Dictionary Time Expense Manager ak Money Planner to German Dictionary t-. English to Chinese Dictionary JWKffi Business Finance Database Memo 1 q\q[' tC ds Ml Basic Program Card (32 KB) W
      442 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      MUI buys into American theme park and resort
      389 3  -  By Alvin Tay MALAYAN United Industries (MUI), a home-grown Malaysian conglomerate headed by Datuk Khoo Kay Peng, has acquired a 31 per cent stake in Heritage USA, a large theme park and resort in the United States. MUI said in a statement
      389 words
    • Article, Illustration
      Lock icon KLSE welcomes idea of options and futures exchange
      365 3 Bernama THE Kuala Lumpur Stock Exchange welcomes the proposal to set up Malaysia's own options and financial futures exchange if it benefits KLSE members and the nation's equity market, KLSE executive chairman Nik Mohamed Din Datuk Nik Yusoflf said on Saturday. "If
      Bernama  -  365 words
    • Article
      Lock icon Cheras toll collector makes offer to UEM
      148 3 Bernama SYARIKAT leratai KG Sdn Bhd, which was collecting toll at the Cheras tollgate until collection was suspended by the government, said on Saturday its shareholders have consented to sell their shares in the company to United Engineers (M) Bhd. Syarikat leratai KG
      Bernama  -  148 words
    • Article
      Cerebos' sales in Australasia fall
      212 3 SOME 65 per cent of Cerebos Pacific's group sales of *****.3 million generated in the year ended July 31 came from its operations in Australasia, about eight percentage points less than in the previous year. The lower contribution from Australasia is partly due to the
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    • Article
      Mendaki trust fund well timed and conceived: analysts
      296 3  -  By Shoeb Kagda MENDAKI's decision to introduce a unit trust fund especially tailored for the Malay/Muslim community is well timed and well conccivcd, said financial analysts contacted by BT. Announced over the weekend, the Mendaki Growth Fund will be managed by DBS
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    • COMPANY BRIEFS
      • Article
        Management changes at Sime Darby
        115 3 SIME Darby Bhd has announced several senior management changes following the appointment of Nik Mohamed Yaacob to its board of directors effective Feb 1, 1991. Mr Din Merican, currently the regional director for Singapore, will be appointed regional director for Thailand, a newly-created post based
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      • Article
        MUM money in the bank
        108 3 MALAYAN United Manufacturing Bhd says the net proceeds from the sale of the Ming Court Hotel in Vancouver would be placed on fixed deposit pending re-investment. Replying to queries from the Kuala Lumpur Stock Exchange, it added that a deposit of C 5500,000 had been
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      • Article
        Kinta appoints new chairman
        48 3 KINTA Kellas Investments pic has announced the appointment of Tengku Ahmad Rithauddeen Tengku Ismail as its director and chairman, succeeding Datuk Halim Saad who assumed the post of executive vice-chairman. Both appointments took effect from Dec I, 1990, the company said in a statement.
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      • Article
        OYL forms subsidiary
        40 3 OYL Industries Bhd has formed a wholly-owned subsidiary known as O Y L Electronics Sdn Bhd. It said in a statement that the subsidiary, which has paid-up capital of Ms 2, was intended to manufacture electronic products.
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      • Article
        CI Holdings valuation
        57 3 CI Holdings Bhd has said the independent valuation carried out on its leasehold land in Jalan Kepong was M 54.3 million. Replying to a query by the Kuala Lumpur Stock Exchange, the company said the expiry date of the lease on the piece of land, which it
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      9 3 w \-W I 4 k* -4 I --Jr. .-^PfSfc^fj
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      74 3 |T EXCUSES YOU CANT USE THIS CHRISTMAS. #2 "SORRY DEAR, MY SCHEDULE WAS SO BUSY, I DIDN'T HAVE TIME." No excuses now that Scotts Weitnauer has come to Changi Terminal 2. Choose from our extensive range of more than 80 top labels for remarkable value. Gift wrapped and delivered anywhere
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  • REGIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Astra plans convertible bond issue in February
      282 4 Reuter INDONESIAN manufacturing giant I'T Astra International. which is headed by tycoon William Soeryadjaya, will issue 50 billion rupiah in convertible bonds in Jakarta in February despite there being no market regulations covering the instrument. The company said at a press conference on
      Reuter  -  282 words
    • Article
      Lock icon Jones denies his firm is going bust
      238 4 Reuter M W /kAI.AMVs llambo)ant property investor Sir Koh ert Jones denied on I riday liis company was going bust and aeeused stock brokers of spreading inalit ions rumours. "We can now count over 4> different rumours reported to lis in 1990." Mr
      Reuter  -  238 words
    • Article
      Lock icon Gangsters put the squeeze on corporate Japan
      468 4 Reuter JAPANESE gangsters, eager to find new sources of income, are increasingly going where the big money is corporate Japan. "The yakuza (gangsters) arc finding it difficult to develop further their traditional income sources such as drugs, protection money and prostitution," an official
      Reuter  -  468 words
    • COMPANY BRIEFS
      • Article
        Mitsubishi, Marubeni go to Vladivostok
        75 4 LARGE Japanese trading houses Mitsubishi Corp and Marubeni Corp will expand operations in the Soviet Far East by opening branch offices in the Pacific port of Vladivostok next spring. News reports from Tokyo yesterday said that Mitsubishi, Japan's largest trading company, and Marubeni are the
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      • Article
        Goldstar-Vestel accord
        68 4 SOUTH KOREA'S Goldstar Co Ltd has signed a US$lO million credit agreement with Turkey's Vestel Group, a Polly Peck International pic subsidiary producing electronic goods. Vestel president Tahsin Karan said in Ankara on Saturday: "The credit will be used in procuring material for electronic goods production. Vestel will
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      • Article
        Tohoku sets date for new line
        89 4 TOHOKU Semiconductor Corp, a 50-50 joint venture between Toshiba Corp and Motorola Inc, will start producing four-megabit dynamic random access memory (DRAM) chips next June. A Toshiba spokesman in Tokyo said yesterday that the Japanese venture, currently making one-megabit DRAMs, plans to make 300.000
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      • Article
        Petersville to drop action
        83 4 PETERSVILLE Sleigh Ltd has said it will drop its action preventing the Australian Stock Exchange (ASX) from publishing consolidated accounts ot the Adelaide Steamship Co Ltd group of companies. "Agreement has been reached with the ASX that if and when any aggregated accounts of Adsteam arc
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      • Article
        Santa Fe makes China deal
        77 4 SANTA FE Energv Resources Inc says its wholly-owned subsidiary, Santa Fe Energy Resources of. China Inc has signed an exploration agreement with the C hina National Development Corp. Santa Fe Energy said this is believedto be the first mainland China exploration contract granted to a
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      • Article
        Mitsui to make gas study
        92 4 JAPANESE trading house Mitsui and Co Ltd will join US and Soviet partners in a feasibility study on developing gas and oil fields otT the Soviet Union's Far East island of Sakhalin. Mitsui said in a statement from Tokyo that the study would start as
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      118 4 The Sportivo 02 Designer Ferdinand A. Porsche Manufactured by IWC Schaffhausen Case in stainless steel or stainless steel with 18 carat gold bezel Water-resistant to 60 meters With and without chronograph PORSCHE DESIGN '||j |j |j ||J|| rjt' 3 "tig}, iPfc'. SINGAPORE: Bputique Comers: Galeries Lafayette, Isean Orchard, Metro Grand,
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      76 4 EXCUSES YOU CAN'T USE THIS CHRISTMAS. #3 "BUT HOW COULD I MANAGE CHRISTMAS PRESENTS WITH ALL THIS LUGGAGE?" No excuses now that Scotts Weilnauer gift wrap and deliver anywhere in Singapore. Simply choose from our extensive range of fashion items and accessories for remarkable value while waiting fo: your flight.
      76 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Trump files plan for debt revamp
      308 5 UPI LAWYERS FOR real estate magnate Donald Trump filed a debt restructuring plan with New Jersey regulators on Friday for the troubled Taj Mahal Casino. The State Casino Control Commission must decide whether the Trump Organisation has the stability to continue to operate the
      UPI  -  308 words
    • COMPANY BRIEFS
      • Article
        EC to probe Alcatel purchase
        95 5 THE European Commission said it will probe a purchase by Alcatel NV of a 69.2 per cent stake in Fiat SpA telecommunications subsidiary Telettra SpA and an acquisition by Fiat's automotive equipment unit Magneti Marelli of a 50.1 per cent stake in battery-maker CEAC, from
        95 words
      • Article
        News Corp hives off Cinebooks
        81 5 MURDOCH Magazines, a unit of News Corp Ltd, said it has sold its Cinebooks Division to Baseline Inc for undisclosed terms. The company said its Cinebooks database includes information on the movie industry including film reviews, cast and production credits and release dates and running
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      • Article
        Brit Steel buys Canadian firm
        49 5 BRITISH STEEL pic said it had acquired the assets of Canadian Steel Manufacturing Inc (CSM) through its subsidiary British Steel Canada Inc for Cs4.l million. CSM makes roll-formed metal products for the construction industry, with factories and sales offices in Edmonton, Vancouver and Toronto.
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      • Article
        Name change for Mercedes
        91 5 MERCEDES-Automobil-Holding AG, which owns 25.23 per cent of the share capital of Daimler-Benz AG, said it would change its name to Mercedes Aktiengesellschaft Holding (MAH). Hans-Joachim Fonk, management board member, told MAH's annual meeting the name change reflected Daimler's transformation into a technology group from a
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      • Article
        Citroen expects fall
        73 5 AUTOMOBILES Citroen, a Peugeot SA unit, expects its share of the French car market to fall slightly to 12.65 per cent, or about 352,000 cars, in 1990 compared with 13.04 per cent, or 354,964 cars, last year, Peugeot president Jacques Calvet said. But Mr Calvet told a
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    • Article
      Lock icon Philips' US operating loss quadrupled: report
      239 5 Reuter DUTCH electronics group NV Philips Gloeilampenfabrieken saw its operating loss in the US jump to 434 million guilders in the first nine months of 1990 from 98 million guilders in the same period last year, newspaper Het Financieele Dagblad reported. In October Philips
      Reuter  -  239 words
    • Article
      Lock icon Matchmaker Disney has second thoughts
      301 5 Reuter WALT DISNEY Cos attempt to marry off Mickey Mouse to Miss Piggy apparently failed because the family of Muppet creator Jim Henson would have faced very high estate taxes on the sale of the company, analysts said. "The estate tax situation became so onerous
      Reuter  -  301 words
    • Article
      Lock icon Rising debt no cause for alarm, says VW
      309 5 Reuter THE DEBT BURDEN of Volkswagen AG will temporarily rise because of rising investments but this should eausc no alarm to shareholders and workers, company chairman Carl Hahn said in an interview with Der Spiegel newsmagazine. "Our debt burden will increase temporarily,
      Reuter  -  309 words
  • Page 5 Advertisements
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      414 5 A futuristic interpretation of a legendary design: The Movado® Sapphire Museum- Watch. The famous Museum dot dial represents the quintessence of the modem design movement. Simple, functional, tasteful. Yet, the Movado Sapphire Museum Watch has a stark dramatic look that delineates it as unique among the unique. It is a
      414 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Nat West seeks job cuts in corporate division
        83 6 NATIONAL Westminster Bank said it had written to employees in its Corporate and Institutional Banking (CIB) division seeking volunteers for redundancy as part of previously announced plans to cut 300 jobs. A bank spokesman said a review of the CIB sector in
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      • Article
        Bank America to make changes
        89 6 BANKAMERICA CORP is reorganising at least two Asian branches, transferring data processing to the United Kingdom and cutting staff by offering early retirement benefits, the Manila branch manager said. The bank's unit in the Philippines began the move on Nov 29 when it launched an
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      • Article
        Bank of Tokyo forms venture
        80 6 BANK of Tokyo has set up a joint investment bank in Pakistan in cooperation with a major Pakistani business conglomerate and the Asian Development Bank (ADB). Atlas BOT Investment Bank Ltd in Lahore in northern Pakistan is capitalised at 100 million rupees and is owned
        80 words
      • Article
        Fake certificates uncovered
        83 6 TAIWAN has uncovered a stock fraud worth at least NTS 100 million, stock exchange officials said. The fraud involves fake share certificates in Chang Hua Commercial Bank, a mostly government-owned institution that is one of the five biggest banks in Taiwan. An exchange official said 84,000 fake
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    • Article, Illustration
      Lock icon US plans to have private co-insurers for bank deposits
      463 6 Reuter THE Bush Administration may turn to private insurance companies for help in buttressing the depleted gov-ernment-run fund that insures bank depositors against default, US officials said. A senior Treasury official said the Treasury Department is considering starting up a pilot
      Reuter  -  463 words
    • Article
      Lock icon Bank Negara reserves up
      160 6 Bernama BANK NEGARA's gold and foreign exchange reserves rose to M 522,380.19 million as at Oct 31 from M 521,915.57 million. A statement from the central bank said its total assets and liabilities rose to M 537,254.79 million from M 536,189.88 million previously. Loans and advances
      Bernama  -  160 words
    • Article
      Lock icon Fay unfazed by paper loss in BNZ
      302 6 Reuter MERCHANT bank Fay, Richwhite and Company Ltd (Fay) is optimistic despite mounting paper losses on its key investment in the Bank of New Zealand, after the bank's share price tumbled. Fay's fortunes became integrally linked to the troubled bank in June 1989
      Reuter  -  302 words
    • Article
      Lock icon Talks to liberalise EC securities rules hit a bad patch
      332 6 Reuter CHANCES of early agreement on plans to liberalise rules for securities brokers operating across the 12-na-tion European Community have receded. EC economy and finance ministers are due to discuss a draft Investment Services Directive today but last-minute compromise suggestions
      Reuter  -  332 words
    • Article
      Lock icon US study urges end to bank ownership curbs
      190 6 Reuter ALLOWING US corporations to own banks would help bring badly-needed capital into the troubled US banking system, an independent study said. The study, a summary of which was obtained by Reuters, was commissioned by a House panel, which will discuss it
      Reuter  -  190 words
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      92 6 ■L JF <WOM i mt vare Hip |H V v 3Sak BIHH 'WSBBm The best present you can give your domestic help this Christmas is a phone call home. This Christmas, there's one gift that can really help your domestic help feel at home. A phonecard. Because then, she can
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  • Page 6 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Overseas Viet firms invest in Vietnam
        87 8 OVERSEAS Vietnamese companies have injected more than US$2OO million into the economy of southern Vietnam in the last two years. Since early last year, the companies had invested US$5l.4 million in bank transfers, US$46 million in gifts to relatives, US$2O million in gold and
        87 words
      • Article
        Hanoi raps newspaper editor
        83 8 THE VIETNAMESE AUTHORITIES have lashed out at an editor of the official communist party newspaper for criticising the government and urging political reform. The Nhan Dan published a statement last Saturday saying it "resolutely condemns this act of Bui Tin", the newspaper's former deputy editor-in-chief, whose
        83 words
      • Article
        More visit Indonesia
        61 8 THE NUMBER of tourists visiting Indonesia this year has exceeded 2.1 million. Indonesian Post, Telecommunications and Tourism Minister Susilo Sudarman said in Bali last Saturday that the number of tourists this year was far more than the 1.66 million projected by the government, the Suara Karya daily
        61 words
      • Article
        Aquino seeks support
        57 8 PHILIPPINE President Corazon Aquino has urged businessmen to "bite the bullet" and refrain from joining mass protests following steep oil price increases. Speaking in Manila last Saturday, she said: "You may help change attitudes so that we may use our energies towards more positive solutions instead of
        57 words
      • Article
        Call for a more liberal attitude
        68 8 A MORE LIBERAL attitude should be adopted in allowing the private sector to provide higher education facilities to the people, says Malaysian Chinese Association president Datuk Seri Dr Ling Liong Sik. Speaking after opening the MCA seminar on the 1991 budget in Kuala Lumpur
        68 words
      • Article
        Fijian airline to cut fares
        67 8 RECESSION and airline deregulation in Australia and a projected 6 per cent decline in tourism in Fiji next year have forced its Air Pacific to slash return air fares from Australia. Fares would be cut from Jan 25 for the route linking Brisbane, Australia, to
        67 words
    • Article
      Lock icon Malaysian business urged to venture abroad
      478 8 Projects utilising natural resources encouraged Bernama THE Malaysian government is keen to encourage local businessmen to venture overseas, especially in projects that utilise the country's natural resources. Finance Ministry secre-tary-general Tan Sri Zain Azraai said on Saturday that the incentive proposed in overseas investment
      Bernama  -  478 words
    • Article
      Lock icon Flow of Tokyo money to HK likely to slow
      459 8 Reuter JAPANESE INVESTORS are digging deep into their pockets for funds to pour into Hongkong, but analysts in the British territory say the flow of money may soon slow down. According to data released by Japan's Finance Ministry (MOF), new investment
      Reuter  -  459 words
    • Article, Illustration
      Lock icon Thai minister cuts a controversial figure
      184 8 Reuter MULTI-MILLIONAIRE Banharn Silpa-archa, who took over the Thai Finance Ministry in a new Cabinet formed by Prime Minister Chatichai Choonhavan last Friday, has been a controversial politican, observers say. The 58-year-old minister has been attacked by his critics for influencing government decisions on
      Reuter  -  184 words
    • Article
      Lock icon Thais cut US flights in air dispute
      185 8 UPI THAILAND will order a cutback in US airlines flying to Thai destinations through Asia and increase its own flights to Asian points due to an escalating aviation dispute with the US. Rights to Thailand by US carriers would be reduced from 38
      UPI  -  185 words
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  • FOCUS
    • Article, Illustration
      The art of managing success
      1109 9  -  Daim Zainuddin has fulfilled his promise to overhaul Malaysia's tax system, says P S Nair P S Nair WHEN Finance Minister Datuk P a d uk a Daim Zainuddin assumed office in 1984, he said he would overhaul the country's tax system. At that time,
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      287 9 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price changes
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      169 9 The best place for your company logo isn't always at the top of your stationery. Only the UOB VISA Business Card lets you put your company logo on the card. That's just one of the reasons why more and more of Singapore's leading companies prefer it. Companies like IBM, National
      169 words
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  • THE WORLD
    • Article
      Lock icon Inflation data put Fed in a bind
      424 10 Economists back off from predicting quick discount rate cut Reuter A SURPRISINGLY strong November inflation rate may prevent the US Federal Reserve from cutting interest rates soon, in spite of signs that the US has fallen into a recession after eight straight years
      Reuter  -  424 words
    • Article
      Lock icon US don defends Japanese takeovers
      155 10 UPI BUYOUTS of US companies by Japanese businesses are good for the US economy and North Americans should not fear such acquisitions, says a US political scientist. Professor Bernard Gordon of the University of New Hampshire, who has been researching the effect of foreign trade
      UPI  -  155 words
    • Article, Illustration
      Lock icon Roh offers Moscow economic assistance
      363 10 AFP SOUTH KOREAN President Roh Tac-Woo says his country is prepared to offer a broad range of economic aid, including long-term financing, to help the Soviet Union pursue economic reforms. Describing his visit to Moscow, the first by a South Korean head of state, as
      AFP  -  363 words
    • WORLD WATCH
      • Article
        Tokyo agencies wasted US$ 109m last year
        79 10 JAPAN'S government agencies wasted a total of 14.4 billion yen (US$lO9 million) through mismanagement in fiscal 1989, the Japanese Board of Audit said in a report last Saturday. The Health and Welfare Ministry topped the list, losing 8.3 billion yen (US$63 million) through
        79 words
      • Article
        EPA plumps for 3.8 pc
        95 10 JAPAN'S Economic Planning Agency (EPA) wants the country's real GNP growth officially projected at 3.8 per cent for fiscal 1991, which starts next April. Official sources in Tokyo said last Saturday that the EPA would hold talks with the Finance Ministry and the Ministry of
        95 words
      • Article
        Sino-German cooperation pact
        88 10 CHINESE VICE-PREMIER Tian Jiyun met a visiting German state secretary for the Ministry of Economic Cooperation, Siegfried Lengl, in Beijing last Saturday and said the visit would strengthen economic cooperation between the two countries. Under an agreement signed at the end of the meeting, the two countries
        88 words
      • Article
        Efta wants economic bloc
        73 10 EFTA COUNTRIES say their top priority remains the creation of an economic bloc which would enable the six-nation group to take advantage of the planned single European Community market after 1992. "The setting up of an European Economic Area (EEA) remains our top goal," Swedish Foreign
        73 words
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      144 10 How to get 10 countries on one line within 30 minutes. bp *P* W L 4^ anno E£3Eo-iSt—*M <* I International Telephone Conference Service You don't have to leave Singapore to hold a destinations and telephone numbers of the people quick international meeting. You can do it all on you
      144 words
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      73 10 In kuala Lumpur where else but Shangri-La. »H\V.*l MIMUNUIOMI I M9VHA WMMIS MtN MO*. *»»>«. MM4 mil »«•!<• MIUII FREEHOLD DETACHED FACTORIES IN JOHOR BAHRU Land Area 39,200 sq. ft. to 219,530 sq. ft. Built Up Area 10,750 sq. ft to 11,350 sq. ft. Price from M 51,150,000 onwards. Also.
      73 words
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      29 11 Some Gifts Can't Wait. >* 1 I 'iljppP i^^Hpr Pure Malt mm/^^M j^tm V' K/ ~W »'fe Jm -W 211 S -JL.- 1 ;:3p- w IjHHppBBBV ,gf^B H £-<&&&£**'' B •....^•'J-f'Sgfaß^.j^j'-T
      29 words
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  • ANALYSIS
    • Article, Illustration
      Vietnam hopes to be the Saudi Arabia of the East
      953 12  -  Vietnam wants to be a member of Opec. That should not be brushed off as a pipe-dream. The country has vast oil reserves, discovers Harish Mehta on a trip to Vietnam The only problem is getting the oil out of
      953 words
    • Article
      Denmark out of step with EC tax rates
      746 12  -  High Danish taxes seen as a hurdle to a truly free single European market By Lin Xue Ling The writer, based in Copenhagen, contributes occasionally to BT. THE DANISH general election last week ended with inconclusive results and many a Dane who
      746 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      30 12 Doonesbury by garry trupeau sssl 'SSSSSt- iWvbr YOU HAV£ &MINP&, MTCHIMTHBt PRO' H THING,SIR. 00. mSSMMt&S M*ZS MOWING CON&&MOMAN... OWNGSCNCNN TO C& JUST WHAT HAPPSNS n I WH£M 435 POLITICIANS
      30 words
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  • ENTERPRISE & MANAGEMENT
    • Article
      MEMOPAD
      376 13 Seminars and courses Duration title Venue Organiser lei Jan 3 4 I he Secretary in Management Singapore *****66 Management Today Use Institute of Management Jan 7 Object-Oriented ISS Building ISS Technology *****20 Technology Update Current Issues Seminar Series Jan 8 Business IX'bts Management Singapore *****66 Management Use Institute of
      376 words
    • Article, Illustration
      Taking on the big boys
      865 13  -  A former in-house management consultancy for the civil service has plans to become a big player in Asia's booming consulting industry. Tong Suit Chee reports on the rise of MSD Consultants Tong Suit Chee Tong Suit Chee is a local writer. This article first appeared
      865 words
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      311 13 Management Consultancy SI/ I I I T T 1/ Seminars And Training II I I I I Business Assistance It I L L I L. l\ Manpower Recruitment CONSULT A Hi J S Business Centre Direct Mailing PROFESSOR JAGDISH SHETH Internationally renowned marketing expert and world's top ten marketing professor,
      311 words
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      Page 13 Advertisements Column 2
      86 13 I I TH 45 1 w is now being served.' I To satisfy today's fast paced I executive, the Compass Rose I introduces the fastest fine lunch in I town. I Imaginative daily set menus I created with care and flair, taking only minutes to serve so that you can
      86 words
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      63 14 DA Z I X" DAISY/CADNETIX INC .Xv/lvXvXvivX;!;!;!;!;.;. "'XvXvX .;XvX;Xy t •I'Xvl'avXvlvX-. XvX v>X .•>:•'■' Offering CAE/CAD Tools on SUN Sparc Computers We at DAZIX would like to thank Our Customers and Staff for your Commitment And To our Competitors for making our year so interesting DAZIX Daisy/Cadnetix Singapore Pte Ltd
      63 words
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      292 15 The 1991 Australian Gold Kangaroo Nugget There's more to the Kangaroo Nugget than just 99.99% pure gold. And the introduction be sure it's a secure investment because the Kangaroo Nugget is official Australian legal of The 1991 Australian Gold Kangaroo Nugget, featuring the well-known Grey Kangaroo, tender coinage, backed by
      292 words
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  • SPORTS
    • SIDE LINES
      • Article
        Norwegian wins men's 1,500 metres
        79 16 ADNE SONDRAL of Norway won the men's 1,500-metre raee and Emcse-Nemeth-Hunyady of Austria captured the women's event at the same distance in Butte, Montana, on Saturday in the Mizuno World Cup speed skating event. The top six men shattered the 1,500-metre track record at the
        79 words
      • Article
        Asia takes hockey title
        111 16 ASIA defeated Europe 1-0 on Saturday in the first Five Continent Field Hockey Classic Tournament to win the sixday meet in Kuala Lumpur. Asia only needed a draw against the Europeans to clinch the title in the round-robin tournament, but ended up unbeaten in four matches
        111 words
      • Article
        A golden ending?
        71 16 SILVER ENDING, entered in yesterday's US$5OO,OOO Hollywood Turf Cup, was in position to become the 11th thoroughbred to win more than US$l million this year. The three-year-old bay son of Silver Hawk has earned U*****,500 this year and U*****,400 in his 14-race career. Top prize in the
        71 words
      • Article
        White crushes Hendry
        97 16 JIMMY WHITE ended fellow Briton Stephen Hendry's run of five successive titles with a crushing 18-9 triumph to retain his World Matchplay snooker championship in Brentwood on Saturday. White's victory, which partially avenged an 18-12 defeat by Hendry in the final of the World Championship this year,
        97 words
      • Article
        Trevino's not too happy
        131 16 LEE TREVINO was shaking his head and muttering after missing an 18th-hole birdie putt that left him three strokes ofT the pace going into the final round of the Champions, 1990's last event on the US Senior PGA Tour, in Puerto Rico. "A big putt," Trevino
        131 words
    • Article
      Lock icon Japanese businessman keen on stake in Yankees
      368 16 AP FIRST it was CBS Records, Rockefeller Center and Columbia Pictures. Now a Japanese businessman is interested in buying part of the New York Yankees. Isao Nakauchi, the chairman and president of Daiei Inc, Japan's largest supermarket chain, is considering a purchase of
      AP  -  368 words
    • Article, Illustration
      Chinese stage strong comeback
      462 16  -  Shirish Nadkarni looks at some technological changes in the game of table-tennis Shirish Nadkarni THE recently-concluded 10th Asian Table Tennis Championships in Kuala Lumpur marked the resurgence of the resilient Chinese paddlers, who have been at the receiving end at the hands of Sweden and South
      462 words
    • Article, Illustration
      Lock icon Sampras to take on Gilbert in Grand Slam
      486 16 AP BRAD GILBERT and David Wheaton nearly came to blows on Saturday before Gilbert won a five-set battle to reach the final of the Grand Slam Cup in Munich. Gilbert, who outlasted Wheaton 6-3, 3-6, 7-6 (9-7), 2-6, 6-4, will face fellow
      AP  -  486 words
  • Page 16 Advertisements
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      92 16 |l| You could win a pile §9 2§| at Eastern Carpets' Sfl g|| Christinas Auction. 5 fin I Our auctions are renowned for the quality of the offerings. 5 And the value. This Christmas Auction is no exception. I Except for the fact that you could be one of the
      92 words
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      Page 16 Advertisements Column 2
      53 16 uvUjrHl^drttiMMSVraHEnv^Wt HHJHI Maurice Lacroix breaks tradition with Les Mfcaniques Limited edition t.mepieces that combine traditional old movement, with new laces. ITIQUfiCG IOCfOiX OF SWITZERLAND Sole Ag«-ni S A IKo Singapore Pie l.ld 10 Sh. n.on Wax 'I." 11l 02 MAS Ku.ld.ng Singapore 0207 Tel 220 Fax 221 *021. AvailaWe a.
      53 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      OTC stocks dominate week's trading
      5159 17  -  By Diana Oon THE SPOTLIGHT last week was on the OTC market as speculators bought in anticipation of an expansionary Malaysian Budget statement on Friday. On the main board, profit-takers sent the market drifting more or less sideways. Dealers described last week as a trading
      5,159 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4311 18 Main Board Goodwood Paik 1550 120 8.4% KB 442 32 +7.8% Jurong Ship 50* 570 30 5.6% Scmb Shipyard 490 +30 +6.5% Ol B 486 26 5.7% The H Glass 25« 115 23 +25.0% Material H 20* 100 +22 +28 2% OCBC Foreign 845 20
    4,311 words
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  • Page 19 Advertisements
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      169 19 BUSINESS TIMES TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 There are no openings when you've lost the ability to work. So remember, only one insurance pays the sum assured immediately, plus an extra 10% from the 2nd year on. FlexiLife is the life insurance plan from Prudential that offers you not one hut
      169 words
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  • MARKET REVIEWS
    • Article, Illustration
      Is this the night's darkest hour before dawn?
      861 20  -  |jj^LONDON§ By Ray Heath BRITAIN'S retailers are finding that the only way to get their stocks moving this Christmas will be to slash prices to give-away levels such is the depth of the recession now gripping the country. The government has been
      861 words
    • Article
      Lock icon Death in the driver's seat
      759 20 And the living get a chance to turn a quick profit YORK FT mm ii i in S\l) SI OKI IS of the death dI capitalist kings or. mure realistically, opportunities for a quick profit presented by their demise have occupied much of Street's creative
      FT  -  759 words
    • Article
      Lock icon Gulf and interest rate hopes boost stocks
      355 20 .-J" TOKYO AFP Till I'okvo St<x k F\changc advanced strongly as investors took encouragement from the possibility of a peaceful solution to the Ciulf crisis and prospects of lower short-term interest rates. Ihe 225-issue Nikkei St<ick Average closed on Friday at 24.349.50 yen
      AFP  -  355 words
    • ASIAN MARKETS ROUNDUP
      • Article
        HONGKONG
        136 20 SMART PRICES declined IciNt week, with the Hang Seng Index losing 38 points, or 1.2 per tent, to close at 3.125.69 on Friday. Average daily turnover fell tii milium (ISS99 million) from the previous week's HKS993 million (I SSI million) The key Hang Seng Index lost 14. s 6
        136 words
      • Article
        SYDNEY
        156 20 i )\< I k>. about xustralia s eeesMon pushed down the lock market during the past seek, brokers said on Friday. t he main market indicaor th« \ll Ordinaries Index, .lipped "*5 6 points or l. 4 > vr cent, to I JlO.O. Ihe Ml n-hi>t!m'.s Ir.ilex shed 24.5
        156 words
      • Article
        BANGKOK
        133 20 I 111 Veunties I xchai'uc ol I hailand <sl I) indc rose slightly l is 1 week to linish I .21 points up from the pre- ions week at '<4'> "\S pmnts The market advance daily during the week with the exception of Wednesday when the index plunged 21.60
        133 words
      • Article
        JAKARTA
        180 20 SHARI PRICES rose slightly on the Jakarta Stock exchange (JSE) last week following the government's announcement ol measures to prixatise the stock market. I he measures, announced on Dec 6. replaced the stateowned JSE management agency with a mere supervisory organisation, made listing procedures easier and opened mutual funds
        180 words
      • Article
        SEOUL
        144 20 I Hi Seoul stock market mined bearish last week as capital lied ahead of the holid season. I*» s me almost 4 per ccnt on the week and closing Saturday's half-day session at 705.49. Dealers said institutional and individual investors pulled an average of US$42 million out of the
        144 words
      • Article
        TAIPEI
        343 20 SHARE PRICES on the Taiwan Stock Exchange seesawed over the week to close with a 13 per cent dive amid diminishing buying interest as most investors retreated to the sidelines. Wiping out the previous week's 572.54-point surge, the weighted price index sagged 645.5 points, including the previous Saturday, to
        343 words
      • Article
        Lock icon BOMBAY
        146 20 AFP INDIAN stock markets bounced back last week and halted a month-long slump, staging a smart recovery attributed to heavy institutional buying and a slight fall in world oil prices. The Bombay Stock Exchange's Sensitivity Index, which had been under pressure from relentless bear hammering since Prime Minister Chandra
        AFP  -  146 words
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      238 20 BUSINESS TIMES TELEPHONE: 730-5937/ 5902/5942 FAX: 7M• 4 m 1 1; An U.S. Multi-national Fine Chemical manufacturing company with facilities I J in Europe as well as in United States is expanding in the Asia Pacific region, j- V{ -l In view of this expansion, the following professional manager is
      238 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Pre-Budget buying gives market another nudge
      4255 21 MBT SHARE PRICES recovered further ground in a preBudgct rally on the Kuala Lumpur stock market last week and double-digit gains were posted, especially in the industrial sector. Nevertheless, confidence still hinges on developments in the Gulf. The mood was bullish at the start
      MBT  -  4,255 words
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      222 21 "Where did you pick up that hot stock tip?^ When you call 005-1-212-976-4141, you can profit from the latest stock market news from Dow Jones. That's because International Info Hotline makes financial updates available around-the-clock and the information is provided free. You need only pay for the cost of an
      222 words
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  • WORLD STOCK MARKETS
    • Poor economic data weigh on US stocks
      • Article, Illustration
        NEW YORK
        949 22 TROUBLING US economic data and renewed worries about the Middle East touched off rounds of selling that pushed US stocks moderately lower at the close on Friday. "It's a sagging market based on sagging hopes for peace and sagging prospects for lower interest rates in the immediate term,"
        949 words
      • Article
        AMSTERDAM
        260 22 DUTCH shares closed lower in fairly directionless trade on Friday, but brewer Heineken added some fizz to a flat market by setting a new 1990 high. The CBS all-share trend index closed 0.3 points lower at 97.3 after drifting inside a narrow range for most of the day. The
        260 words
      • Article, Illustration
        LONDON
        958 22 UK SHARES came off earlier highs in late London business, depressed by extended losses on Wall Street and a flurry of profit-taking. The FTSE ICK) closed down 3.8 at 2,168.4 and FT 30 dropped 3.7 to 1,701.2. Volume was fairly heavy with a total of 554 million shares changing
        958 words
      • Article
        MILAN
        259 22 ITALIAN stocks ended below the day's highs as an early buying wave lost momentum in late trading, brokers said. Volume was seen lower than Thursday's 170 billion lire. "There is still doubt about whether the market can maintain a strong rally," one bank trader said. The MIB edged up
        259 words
      • Article
        STOCKHOLM
        179 22 PRICES on the Stockholm bourse closed broadly lower in moderate trade on Friday after two pessimistic economic forecasts on Sweden were presented, dealers said. The bourse general index slid 0.26 per cent to 890.66 in total turnover of 297 million crowns. Blue chips lost 0.72 per cent. The average
        179 words
      • Article
        FRANKFURT
        302 22 IN a reversal of Thursday's trading pattern, the German 30-share DAX index swung higher after a disappointing start and ended at 1,522.40 points, just above an important chart level at 1,520 points. On Thursday shares had surprised and disappointed traders losing an early gain of 15 DAX points and
        302 words
      • Article
        TORONTO
        283 22 TORONTO stocks closed mixed, recovering from early falls when fears that President Bush would cancel high-level talks with Iraq did not materialise, dealers said. The market came under early pressure on nervousness over the US economy and high interest rates. The composite index lost 8.34 to 3,244.22 on volume
        283 words
      • Article
        Untitled
        357 22 Johannesburg l)ec 14 Rand INDUSTRIALS A Alpha 2250 A EC I 1275 unch Abcrcom 40B Amaprop AMIC 7900 -100 Barlows 3700 unch Basil Strk Bly voor 950 C C» Smith 7800 Cnagalo Citrfin 400 40 Edgars Fed Volk First Intl 1285 +10 Hiveld LT A. 2 SOB Ub Holds 6000
        357 words
      • Article
        PARIS
        154 22 FRENCH share prices ended weaker after another bout of profit-taking stoked by a drop in Wall Street values. The CAC-40 index closed down 23.88 points, or 1.44 per cent, at 1,635.52, on volume of about 2.5 billion francs, dealers said. Traders said book-squaring before the weekend and the end-of-the-month
        154 words
      • Article
        Lock icon ZURICH
        286 22 Reuter SWISS share prices ended on a weaker note in selective and moderate trading, with operators reluctant to take initiatives ahead of the weekend, dealers said. Investor sentiment was affected by easier New York and Tokyo markets. The all-share SPI index slipped 1.9 points or 0.21 per cent to
        Reuter  -  286 words
      • Article
        INDICES & TURNOVER
        82 22 INDICES TURNOVER NEW YORK Close Previous Dec 14 +tDow Jones NYSE Financial SAP 500 Turnover (million) 2,593.81 120.93 ***** 160 2.614 36 122.36 329.33 162.1 -20.55 -1 43 -2.52 -2.1 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,701.2 2,168.4 554 1.704.9 2,172.2 693.6 -3.7 -3.8 -1396 AMSTERDAM CBS Tendency
        82 words
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  • Page 24 Advertisements
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      54 24 >i s* a jp Bt U —S JW ftf 1 imm— /jl!"" "»»mw»i r-mm IHL 4*4 ?*>t.• V^W N<^— t*-_ _^M A ii m| ijfli utiiiMb 1 ife HH' f WlmJKaM IL- •%:>} J m t f-rm-,.•-^ .%Wp ■> H# r lIW^M I ul I |H 1U 5- ißm fißwilOT'ifi
      54 words
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      123 25 300 Of Them Is Pure Magic. E Bin dx JL tR il i I sll W B m Bfl V yf M MJ ■-9 mm f A |kk fj M jmnij^^^^^ffi;]^-.,»• U */J fr*^ A i E£ rlSrn, Hyatt Regency Singapore's marvellous all suite tower is now open But you'd
      123 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Dollar closes firmer in quiet New York trading
      410 26 NEW YORK Reuter THE US DOLLAR finished higher in New York on Friday on mild short-covering prompted by lingering Gulf jitters, but weak US economic factors trimmed gains. Trading was thin. "It's going to get quieter and quieter as the month unfolds,"
      Reuter  -  410 words
    • Article
      Lock icon Pressure to ease credit in Japan
      146 26 UPI THE Bank of Japan came under pressure from the gov- j ernment's economic planning agency to ease its tight credit policy amid growing signs of economic slowdown. Hideyuki Aizawa, director general of the agency, openly criticised the central bank's monetary policy and called
      UPI  -  146 words
    • Article
      Lock icon Yen creeps up on the American dollar
      613 26 ASIAN CURRENCIES AFP THE JAPANESE yen rose slightly against the US dollar last week on the Tokyo foreign exchange market. But the Australian and New Zealand dollars, Indonesian rupiah and South Korean won fell due to domestic concerns. The Thai baht and Hongkong,
      AFP  -  613 words
    • Article
      INTERBANK FOREX RATES
      370 26 Cross rates Dec 15 USS SS MS Dm Yen SFr AS NZS USS 1.7150 2.6942 ***** 133.05 0.5163 1.2715 1.3041 1.6750 SS 0.5831 1.5710 0.8638 0.7758 0.3010 0.7414 0 7604 0.9767 MS 0.3712 63.66 0.5499 0.4938 0.1916 0.4719 0.4840 0.6217 Dm 0.6750 1.1576 1.8186 89.81 0.3485 0.8583
      370 words
    • Article
      MONEY MARKET
      558 26 Interbank rates I s$ Bid Offer Overnight 5 3/4 5 1/4 1-month 5 3/8 5 1/2 2-month 5 7/16 5 9/16 3-month 5 1/2 5 5/8 Overnight mode: 5-1/8 US$ High l*m 7 days 7 5/16 7 W4 1 month 8 1/8 7 7/8 2 months 7 7/8
      558 words
    • Article
      Lock icon Swiss economists upset by lack of clear money target
      576 26 Reuter THE Swiss National Rank (SNB) has reaffirmed its tight anti-inflationary monetary policy and made clearer than before it will watch the Swiss franc's rate against the mark. But the SNB, mapping out policy for 1991. disappointed many economists by deciding
      Reuter  -  576 words
    • Article
      Lock icon Unanimity not needed to fix EC currency rates, says draft
      340 26 Reuter THE CRUCIAL decision on fixing currency rates and possibly introducing a single EC currency would not require the unanimous approval of the 12 EC members, according to a draft monetary union treaty. The proposal, to be presented to treaty
      Reuter  -  340 words
    • Article
      Spot gold traded in narrow band
      444 26  -  GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion SPOT GOLD traded in a narrow range most of last week as major players stayed away ahead of the Christmas season. Prices opened at US$37l/U*****.50 last Monday and looked soft amid an environment of direct talks between
      444 words
    • Article
      FINANCIAL FUTURES
      307 26 IMM Dec 14 I DEUTSCHE MARK Open High Low Sett Vol Op/lnt Dec 90 0.6744 0.6753 0.6751 0.6731 ***** ***** Mar 91 0.6714 0.6725 0.6686 0.6701 EURODOLLAR Open High Low Sett Vol Op/lnt Dec 90 92.24 92.25 92.06 92.10 *****1 *****5 Mar 91 92.69 92.70 92.58 92.63 JAPANESE
      307 words
    • Article
      PRIME LENDING RATES
      529 26 BANKS I ABN Bank 8'/« Allied Irish Bank PLC 8V« American Express Bank 8'/i Am'Dam R'terdam Bank 8'A Arab Banking Corp 8V2 Arab Bank PLC 7'/* Asia Commercial Bank 7V« Australia NZ Banking 8V2 ANZ Banking Group 8V4 Ban Hin Lee Bank 8'/« Banca Commerciale 8Vi Banco
      529 words
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  • COMMODITIES
    • Article
      Lock icon Silver loses its shine as price slumps
      373 27 Reuter SILVER'S slump to a 15-year fixing low of 396.40 cents an ounce, down from 401.25 cents, confirmed that market confidence has been eroded and that the odds are now stacked against the metal, analysts said. "Technically it looks awful now that the
      Reuter  -  373 words
    • Article
      Lock icon Prospects for wheat still look poor, says council
      307 27 AP THE OUTLOOK for wheat prices, already around their lowest level for eight years, is still depressed, a leading in-ter-governmental forecasting body said. Prices will remain depressed in the short term at least, the International Wheat Council said. Rising world wheat production
      AP  -  307 words
    • Article
      Lock icon Slowing demand puts pressure on metals
      886 27 REPORT AFP SLOWING industrial demand against a background of recession and an excess of supplies depressed platinum and silver prices last week. Silver dropped briefly under the US$4 an ounce mark, for the first time in 14 years, while the depressed automobile market in
      AFP  -  886 words
  • Article
    PRICES
    1133 27 Rubber HAS (fob in botes) S cents/kg Int 1 RSS Close Dec 10 150.75 Dec 11 149.75 Dec 12 150.50 Dec 13 150.25 Dec 14 150.25 MRELB (lob in bates) M cents/kg Int 1 RSS Close Dec 10.. 240.50 Dec II 240.00 Dec 12 240.00 Dec 13 240.00 Dec
    1,133 words
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      11 27 WHATi WHBRIf w tISN IN THE MARKET Every Thursday... ADVERTISING MARKETING
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      Page 27 Advertisements Column 2
      7 27 Executive Jobs every Saturday in Business Times
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      Page 27 Advertisements Column 3
      953 27 NOTICES IN THE MATTER O COMPANIES ACT CAP 50 UNIWIN PRIVATE LIMITED (In Voluntary Liquidation At an Extraordinary Gener ii Mm. of the members of UNIWIN PRIV AT fc LIMITED duly convened 17 Upper Weld Road Sinqap<; on Wednesday 12th December the following Special Resok/ were duly passed (1) "That
      953 words
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      Page 27 Advertisements Column 4
      727 27 IN THK MATTER OF THE COMPANIES ACT, CAP. M KKONTIKK AUTOMATION INTERNATIONAL PTE LTD (In Members' Voluntary Ulndlnß-l p) At nn Extraordinary (leneral Meeting of the company duly convened and held on 17th December 1990 at 60, Albert Street. »07-05, Albert Complex. Singapore 0718 the following Special Resolution was passed:KKSOLVED
      727 words
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      237 28 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word of-mouth. -v For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips Reservations. 330 8310 or 338 8585
      237 words
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      Page 28 Advertisements Column 2
      278 28 Retreat into a world of classical charm Create traditioas. Indulge in Knglish tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. u iffwyf Hyatt Keßency Singapore 10-12 Scotts Road Singapore 0922 Tel 733 IW /T MTV A WONDERIAND
      278 words
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      Page 28 Advertisements Column 3
      334 28 jr"" DAILY I SPECIALITIES Won Seafood Pancake (50% Discount) J Tue Spicy Beef on Hot Plate (50% Discount) b < Wed Steamed Block Garoupa ($5 per lOOg) P Th« Seafood Combination (50% Discount) ft Fri Stuffed River Prawns ($5 per no) I Sot Peking Duck ($4O per no) J I
      334 words
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      Page 28 Advertisements Column 4
      332 28 ofas6afc -An tad I "The Dream Unfolds Anew" Let your nights awaken to new wonders. Come back to our dream oasis of music and magic the newly refurbished, invigorated Kasbah where the magical nostalgic past, the glittering present and the shimmering promise of the future meet. Each night is a
      332 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      794 28 TELEVISION AND RADIO <~--weee**eeewe**e*e*ee**e»eeee»ee«ree*»wee*«eeeee»e*e*eeeeewmeeeweiee*ee«**wee*eeie*ee*Beee*wieEe»eewee«eeeweeeee«eee<ww«!ir"-w»- ->*»*«-«»•»» mm*. A T 11. A 4. ?S EPSS* a art X***' BUSINESS ON RADIO II I|| §11 II §1 l-*T| |11 K-* 7.50 True Colours (Stereo). 7.00 Cable News Network. rdt go a m u z in VHF Band II /All lllUld.ll dUVCIILUIC 7.3. PM
      794 words
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  • THE ARTS 1
    • Article, Illustration
      Lock icon As kindred as opposites could be
      849 29  -  Copland and Bernstein gave friendship among musieians a good name, writes Donald Henahan Donald Henahan NYT AARON Copland and Leonard Bernstein, the Apollo and Dionysus. the hedgehog and the fox, of Ameriean music, were about as unlike in temperament as two people could be.
      NYT  -  849 words
    • Article, Illustration
      Sensitive, yet thunderous Tchaikovsky
      552 29  -  Singapore Symphony Orchestra By P Y Van THE Singapore Symphony Orchestra under Choo Hocy gave a superb reading last Friday I of Tsao Chieh's Amidst the Sough of Winds, a work in two movements, based on two poems by Edwin Thumboo. for narrator and large orchestra.
      552 words
    • Article, Illustration
      Christmas collectibles
      934 30 As Christmas approaches, our music reviewers list the CDs they would want to find under their Christmas trees SINCE its advent some eight years ago, the prices of compact disc players have dropped significantly, from more than $1,000, to about $250 for the present cheaper models a vast
      934 words
    • Article
      Fairy queens and film music
      622 30 IT IS difficult to choose interesting new record- < ings, as somehow they never seem to meet the stan- < dards set by immortalised old favourites. Romanticised nostalgia,, however, docs not hold true for Harmonia Mundi's release of Purcell's The Fairy Queen (HMC *****8/9) from
      622 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      221 29 AND ENTEBTAIN Who Says You Cant Mix Business With Pleasure? /lubf rtu« K*'MONDAY IKIDAY j 12 N'CX)N TO i :3 pM $3,oc++ I PER PERSON At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main
      221 words
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      Page 29 Advertisements Column 2
      176 29 1 ,v Stage in set. f s Pop in to Singapore's newest pub. Join us for nights of laughter, fun 9 and spirits. No rover charge/no service charge/no ri-mi We're at BPUHHUmiW HHHHHNHH i beginning 18 December l W(( onwards. SPr, 9-COURSE DELICACIES isJ, 9 BONUS ITEMS 0\ O Sp®®
      176 words
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      Page 29 Advertisements Column 3
      303 29 FESTIVE WINING (9 AND DINING AT JO3 TEE OFF CAFE fell CHRISTMAS EVE BUFFET DINNER f9l aS 36 (Adult) SI6 (Child under 12) 1900 hours to 2230 hours ■gjjflfl CHRISTMAS DAY BUFFET BRUNCH E3 $28* Adult) $15. (Child under 12) HBW 100 hours to 1430 hours NEW YEARS EVE BUFFET
      303 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1239 30 ©COMMONWEALTH BANK OF AUSTRALIA AND SUBSIDIARIES Annual Report for the Year Ended 30th June 1990 Consolidated Balance Sheet as at 30 June 1990 I Consolidated Statement 01 Profit And Loss For Year Ended 30 June 1990 1990 1989 I 1989 $m $m I SrTl Assets 1 Interest income 8,301.7 5.866
      1,239 words
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      Page 30 Advertisements Column 2
      165 30 FOOT IRJEFLEXOLOGs o\ll- 1 wa e \\Vb Jr w l V V j?~W j sW (\W9 ft~ 4|£.« $j|. M Docs it really promote blood circulation, correct yin/yang imbalance, and relieve tiredness and tension? Or is it, as some sccptics say, all in the mind? We invite you to find
      165 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1017 31 City Flight ETA Flight ETD City Flight ETA Flight ETD Adelaide SQ228 1900 SQ227 2130 670 Amman RJ182 1400 MH605 SQ105 1020 1050 MH670 SQ106 uyou 1045 Amsterdam KL841 SQ23 1140 1325 KL842 2105 SQ107 SQ109 1305 1405 SQl 08 MH641 1145 1315 Auckland NZ25 SQ388
    1,017 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Karaoke comes to London
      656 31  -  LETTER FROM LONDON Bv Christopher Price THE lips of Mr Takeo Nagashima, an executive with a City of London broking house, quiver as he reaches the crescendo of An Old Northern Inn. a traditional Japanese favourite, his eyes fixed on a large video screen showing an
      656 words
    • Article
      MONEY CHANGER RATES
      155 31 As at 3pm yesterday: Ixjcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3010 1.3210 Canadian dollar 1.4620 1.4820 NZ dollar 1.0200 1 0600 Sterling pound 3.3200 3 3400 US dollar 1.7090 1.7190 l/ocal dollars lo 100 units of foreign currency Austrian schilling
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      111 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Jan 16-20 Tourism Recreation Fair Netherlands Komnklijke Nederlandsc Jaarbcurs (31 >30/955') 11 Feb 4-9 International Building Construction Exhibition Netherlands Koninklije Nederlandsc Jaarbeurs (31 >30/*****1 Jan 19-27 International Exhibition For (iermany Stuttgarter Messe I'nd (46)711/2589-0 Feb 7-12 International
      111 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      196 31 ABOUT OUR "Trnri" RE m PACKAGES r_. t-ir p&V 11 Cli lr Coniputerise HESH y° ur payro"' I J __J personnel, f"* gg g/ftssbT-y[ financial systems the successful way. 1 fiadu ssets system il><» ABOUT OUR SERVICE 1 aecountinSM T? H CT7 If rr r B. Our personalised training and
      196 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      301 31 1 Cut and dried approach to L| mJ— the Jhß——Jßl-—JBt-— 10 Language which is put on I I I 1 I ***** by snooker players H H Hi a woven mesh fabric 12 Amazed to sec a giant in Lmh 13 An acid to locating North African mountains (5) by
      301 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      223 31 111 H 111 I Singapore Outlook: Cloudy with light showers over several areas in the morning and early afternoon. Forecast: Maximum temperature 28.9* C Assoc humidity 80% Minimum temperature 23.8° C Assoc humidity 100% Hours of sunshine 1.25 Rainfall in mm 32.7 Rainfall this month 185.4 Rainy days this month
      223 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      49 31 Tv-ie rooP. fi Go solely for tmc I vi«£ w?e YOOR T,C<£TS~\| V sffe£CH£S.J Fo£ TMe DiNNGRj gy LWG V. \PiND Df**C€- A v —r-j—\i Vtt s°-« r-- x Wife*, N --^=7 SOOTHS DOtSW'T J I M 1 v 80-rnec noe intmc. EVENING STANOARO CO LTD., 1962-1990 J 8329J
      49 words
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  • Article, Illustration
    Booz Allen ties up with financial services company
    314 32  -  Bid to boost financial services arm in UK, S'pore By Suzanne Soh INTERNATIONAL management consulting firm Booz Allen Hamilton, with an annual revenue of over US$45O million worldwide, has merged with London's financial services specialist, Spicer Oppenheim Consultants (SOC). The move, finalised
    314 words
  • Article
    Lock icon Malacca plans to woo more tourists
    148 32 Bernama THE Malacca government is formulating new strategies to lure more tourists to the state, especially from Singapore, which features prominently in the state's tourism industry. Chief Minister Tan Sri Haji Abdul Rahim Tamby Chile said that Singaporeans were not only attracted by Malacca's
    Bernama  -  148 words
  • Article, Illustration
    Cutting the tie that binds
    42 32 McDonnell Douglas president Robert Hood (right) cutting the tie of Mitsui Co CEO Fumio Otsuka as part of a traditional handing-over ceremony in lx>ng Beach last Friday. The occasion Has the delivery of a plane to Mitsui.
    42 words
  • Article
    Lock icon Saddam wants priority for Palestinian question
    377 32 The Gulf Crisis Agencies IRAQI President Saddam Hussein, who demands that any direct talks with Washington address all Middle East issues, has said that the Palestinian question should be discussed before Iraq's takeover of Kuwait. He told a Muslim delegation in Baghdad at the
    Agencies  -  377 words
  • Article
    Lock icon US budget deficit expected to hit record US$ 250b next year
    299 32 Reuter THE US BUDGET deficit will hit a record of more than US$25O billion next year, but the weak economy, the Gulf crisis and a sweeping new budget law may discourage Congress from doing anything about it next year.
    Reuter  -  299 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      667 32 PlygeT K M.UER EX IKmXHUW imm m CEXEVE SINGAPORE H INSTITUTE OF yjj MANAGEMENT (1) FLEXIBLE THINKING FOR MANAGERS I Making the Most of Your Mental Skills I January 21 -23,1991 I Fee: SS7SO SIM members/SsB9o non-members I This programme is designed to develop greater flexibility in thinking. Participants will
      667 words
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      Page 32 Advertisements Column 2
      51 32 PiageT fMirn MMMXJMIK mi US 1X74 a-NiiVE The Richness Of Leather Handmade To Perfection -mmmm jmvmmsm wm#> **»> h made in Italy Sole Agent Shriro (Singapore) Pte Ltd Authorised Dealers Americaya Branches Daimaru Singapore Euro Shoe shop and Branches Melwani Branches Nan Hen Leather Salamander Shoe Shop (Marina Square Isetan
      51 words
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  • Shipping Times
    • Article, Illustration
      NOL, OOCL suspend joint Mediterranean service
      357 33  -  By Selva Kumar FACED with inadequate space in their joint Mediterranean service, Neptune Orient Lines (NOL) and Orient Overseas Container Lines (OOCL) are suspending their service from next month to consider new options. "We decided to suspend the service because our Mediterranean service, in
      357 words
    • Article
      Indian govt seeking buyers for Scindia
      374 33  -  From Shirish Nadkarni IN BOMBAY THE INDIAN government is examining the possibilities of handing over Scindia Steam Navigation Co Ltd to the public-sector Shipping Corporation of India (SCI), or to a private shipping company. The twin proposals were discussed at a recent meeting of
      374 words
    • Article, Illustration
      First of Stolt's four new parcel tankers named
      215 33 STOLT Tankers and Terminals' first of four 29,999 deadweight tonne (dwt) parcel tankers was recently named Stolt Helluland at the Kleven Floro shipbuilding yard in Norway. Mrs Mary Wright, wife of Stolt-Nielsen president Christopher J Wright, is the godmother of the newbuilding.
      215 words
    • Article
      Lock icon Port, road congestion hurting S Korean economic activity
      437 33 AFP ACUTE shortcomings in infrastructure such as highways and seaport facilities are hampering South Korea's economic growth, according to the government Economic Planning Board (EPB). In the port of Pusan, where 95 per cent of the country's cargo trade is handled, congestion
      AFP  -  437 words
    • Article
      Australian airline to open office in S'pore
      380 33  -  From Florence Chong IN SYDNEY AUSTRALIA'S first private-ly-owned international airline, Australian World Airways, which is 49 per cent owned by Asian investors, plans to open an office in Singapore in the next few months. The Melbourne-based company which is due to make an
      380 words
    • Article
      Lock icon KDD to launch air-ground telephone, data service
      220 33 UPI KDD (Overseas Communications Japan) will launch an air-ground telephone and data communications service in the Pacific region via telecommunications satellite. The giant international telecommunications company said the data communications service between aircraft and the ground will start on Dec 20, using a
      UPI  -  220 words
    • NEWS SUMMARY
      • Article
        Seeking a flight path out of darkness
        60 33 WHEN America deregulated its airlines more than a decade ago, it started a revolution in air travel that is still spreading to other nations. Now it has a chance to start another wave of change. To prevent America's troubled carriers from going broke,
        60 words
      • Article
        Sea-Land in Budapest
        41 33 SEA-LAND Service Inc, a USbased global transportation company, said last Thursday that it is opening an office in Budapest to underscore its commitment to provide transportation and related trade services to the growing East European market. Back Page
        41 words
      • Article
        Fifty-one cars with special values
        62 33 ALLSTATE Insurance Co in the US singled out 51 cars as "special values" on Thursday based on a review of accidentdamage repair costs and the theft and break-in risks for 1990 models. The company's annual make-and-model ratings provide consumers with information about which cars are
        62 words
      • Article
        Compensation for stranded air travellers
        38 33 AIR travellers who fall victim to overbooking by airlines at European Community airports will be guaranteed compensation under new rules to be agreed by EC transport ministers today, EC officials said Back Page
        38 words
    • LOG BOOK
      • Article
        Nokia sells 50pc stake in JA/Mont Nokia
        55 34 NOKIA has sold its 50 per cent stake in Brussels-based soft tissue maker JA/Mont Nokia for US$l5O million. The buyer is its former partner, JA/Mont, a joint venture formed by US-based James River Corp, Montedison of Italy and Nokia. Nokia's holding in JA/Mont
        55 words
      • Article
        Mazda in Colombian venture
        66 34 MAZDA Motor Corp of Japan has agreed to buy out an automobile manufacture-distributor in Colombia to strengthen its operations and enhance its presence in the Latin American country. The Hiroshima-based major automaker said the agreement calls for Mazda and its partner, Sumitomo Corp, to jointly purchase
        66 words
      • Article
        Bulk carrier grounded
        42 34 THE Cyprus-registered bulk carrier Vitajoy, 31,695 dwt, which left Rouen for Syria on December 12 with a 23,000tonne cargo of wheat, has been grounded on a sandbank at the mouth of the river Seine, Lloyds Shipping Intelligence Service said.
        42 words
      • Article
        Fiat may buy stake in Moteurs
        61 34 ITALIAN car maker Fiat SpA is negotiating to buy a 42.5 per cent stake in a Belgian aircraft engine maker FN Moteurs, the Belgian daily newspaper Le Soir reported. The stake is currently owned by Belgian armsmaker Fabrique Nationale Herstal (FN) SA, which is
        61 words
      • Article
        Yanase markets luxury cruiser
        50 34 YANASE Co, Japan's top imported car dealer, is marketing in Japan a luxury cruiser produced by Triumph Yachts of Sarasota, Florida. The Tokyo-based company said the Triumph 34 bridgedecksedan, with capacity of 12 people, is the first high-grade family cruiser produced by Triumph since its establishment.
        50 words
      • Article
        Icebreaker restrictions
        83 34 ICEBREAKER help to the Finnish north-west ports of Kcmi, Oulu and Raahe has been available since last Friday only to ships of Finnish-Swedish ice class I and II above 2000 deadweight tons, the Marine Research Institute said in its latest survey. There were no such restrictions earlier this
        83 words
      • Article
        Strike at Marseille
        59 34 STRIKING sailors have blocked all access to the southern French port of Marseille, the port authorities said. Sailors belonging to the SNCM, CMN and Someca ferry companies last week chained the harbour gates together and obstructed access to the sea by stretching a rope between two tug
        59 words
    • Article, Illustration
      Lock icon US searching for a flight path out of darkness
      1076 34 Washington may relax rules on foreign ownership in a bid to prevent America's carriers from going bankrupt The Economist WHEN America deregulated its airlines more than a decade ago, it started a revolution in air travel that is still spreading to
      The Economist  -  1,076 words
    • Article
      COCKETT BUNKER MARKET REPORT
      865 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      865 words
    • Article
      THE SHIPPING GUIDE
      12548 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,548 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        591 49 femi fe* No Bartti Mnl Depart** festal fey No Berth Antvd Dapi itn Vessel fey No Berth Antral Depart** Vessel fey No Berth UnM Depart** Keppd Wharves Equator Gulf Daoud 31/90C 13/90 P1A P2B 1712/0730 17.12/0800 18.12/0600 ia 12/0600 Batam Mans Hendra *****0 *****0 M2B M3B 17.12/0900
        591 words
      • Article
        CONTAINER SCHEDULE
        1132 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boddni/Babnce Rsfts SNp Voy No Etfa/Btr Period From To From Kjij. 58 18/1100 1 16/1500 16/1659 16/1900 2 16/1700 17/0659 17/0900 4 17/1200 17/1459 17/1700 ACX Lotus 7A 18/2100 2 16/1700 17/0659 17/0900 4 17/1200 17/1459 17/1700 Aft Fortune
        1,132 words
      • Article
        IN MALAYSIAN PORTS
        348 49 Port Klang Berth at South Port on Dec 13: 1: Mutia Hayu; 2: Star Eight 3: Hansa Merchant; 4: Megah Brooke; 5: ml; 6: nH; 7 Asean/Asean t lk Yong Hua; J.Shdl; Star Eight KCT: 8; Perkasa. Anro Temasek; 9; Ned Rouven; 10; Ever Gather North Port
        348 words
      • Article
        DAILY FREIGHTS
        913 49 CHARTERING on freight market was quiet at steady rates but continued to be underpinned by Wednesday's news that the US had approved measures for the Soviet Union to obtain export credit guarantees, brokers said. The lifting of restrictions will ehable Moscow to get credit of up to US$
        913 words
    • Article
      Lock icon Sea-Land to open Budapest office
      254 50 Move is part of broader East European strategy UPI SEA-LAND Service Inc, a US-based global transportation company, said last Thursday that it is opening an office in Budapest to underscore its commitment to provide transportation and related trade services to the growing East European market.
      UPI  -  254 words
    • Article, Illustration
      Lock icon Airlines must compensate stranded passengers: EC
      216 50 Reuter AIR travellers who fall victim to overbooking by airlines at European Community airports will be guaranteed compensation under new rules to be agreed by EC transport ministers today, EC officials said. Airlines will be forced to pay passengers unable to board a flight
      Reuter  -  216 words
    • Article
      Lock icon Allstate Insurance lists the special value cars
      361 50 UPI ALLSTATE Insurance Co in the US singled out 51 cars as "special values" on Thursday based on a review of acci-dent-damage repair costs and the theft and break-in risks for 1990 models. The company's annual make-and-model ratings provide consumers with information about
      UPI  -  361 words
    • Article
      Lock icon Major changes at 10 of Ford's North American assembly plants
      219 50 UPI FORD Motor Co said that 10 of its 19 North American vehicle assembly plants will undergo major changes next year to prepare for a blitz of new or extensively redesigned cars and trucks for the 1992 model year. Robert
      UPI  -  219 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      183 33 »SHIP LASHINQ MATERIALS SPECIALIST fill MINTERMARINE SUPPLY CO (PTE) LTD TEL: *****33 (6 LINES) FAX: *****77 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! renew your subscription this December, you subscribers only) Subscription 1 Singapore 5548.00 *East Malaysia 5592.00 (Registered second class air mail) -Overseas
      183 words
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      Page 33 Advertisements Column 2
      27 33 Cocfcett Report 2 Contaner Schedule 1/ (My FrafMs 17 Ma to Mvertuers 3 Shppmg GMe 10,11 Shps Pet 17 Singapore Tries 17 WmUw and Set Condbom 17
      27 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      155 34 THE GROWTH TRIANGLE A Special Business Times Survey February 36, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of
      155 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2118 35 tillF# 200 Cantonment Road #12-05 Southpomt. Singapore 0208 All If# To) *****11 TELEX NO RS ***** ■rcimn terminal,CFS Tel *****18 220 BOOKINGS To! *****34 235 Bl *esaka jardine shipping agencies son bhd I PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** ■■■■■I PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6
      2,118 words
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      Page 35 Advertisements Column 2
      1266 35 INDEX TOMWRTjSERS Page Col P**e Col I jT H Lucky Seaway 15 3 Lykcs Lines 5 3 ABC Containeiiine 13 5 Accord Group 8 1-3 I IJ AFS 5 L_« 1 AhrcnkielLinef 16 3 Mac-Nds Agcnc.es 14 1/2 1 5 Maco,,ne 18 2/3 Wfrcd C Tocpfer 15 5 Madju Sdn
      1,266 words
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      Page 35 Advertisements Column 3
      1705 35 LAST SAILING THIS YEAR TO USA URS MAERSK V.9101 ETA 31/12/90 V*M*l Voy ETA ETO "Port "Penang "LEO* MtOII CMmdMl Smg«po/e DESTINATIONS •I HKQ onto M«rcf>«n M 910? 4 MH L«d« M 90U FMO*' t> y jKJ3Eir3IJBSC3E!3BSCZ!2!IS3BSE!3EIII!I2BHC3CII2E2HJHBIB 17/12 ?030 mrs m Farco 4 CTS 17/12 1730 MRS M Tauro OAK
      1,705 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1235 36 i ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KOWLOON BAY 96/552 20/12 uTI 8/1 10/1 7/1 13/1 DOLORES 01/556 21/12 9/1 11/1 13/1 OSAKA BAY 97/565 27/12 21/1 15/1 17/1 14/1 20/1 TOCAGA BAY 13/568 31/12 17/1 17/1 22/1 HONG KONG EXPRESS 98/501 3/1
      1,235 words
    • Advertisement
      Page 36 Advertisements Column 2
      528 36 LOADING SINGAPORE DIRECT: TO NOUMEA WITH 12 DAYS TRANSIT ACCEPTING BREAKBULK N CONTAINERS: REGULAR MONTHLY ALLWATER SERVICE COMMENCING SEASPAC I VOY 1702E8 ETA SIN 28 DEC. 1990 Agents: {sfzfaiAJXl] SINGAPORE: *****56 \PfeSAKA JARDINE M'SIA BOOKINGS: *****00 PORT KELANG: 03-368-4118 JOHORE: 07-*****2 J I EXPRESS TO PAPUA NEW GUINEA "I I
      528 words
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      Page 36 Advertisements Column 3
      1356 36 RSvomsm &£WB HMB regular independent full container service we&tb6und for eUAOPE V VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) POT) NORASIA AL MUNTAZAH 9042-3 24/12 14/01 16/01 19/01 20/01 21/01 22(01 3(01 NORASIA SAMANTHA 9043-3 01/01 21/01 22/01 26/01 27/01 28/01 29(01
      1,356 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1746 37 Steamers Maritime Holdings Ltd Ifc anv STRAITS SHIPPING UML "J Mn«apop« ft BruMl, East Malaysia, Containers MBLJm mnam Vuy No PKlanj Spore S'ton H'bui| B'luven R"(tam Leh ACCEPTS DUE SAILS KOWIOON BAY *552 fBSER 16,12 20(12 IM>l 0901 11,01 0701 14/01 DOLORES 01 556 »lOL 20,U 21'12 10/01 12/01 14,01
      1,746 words
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      Page 37 Advertisements Column 2
      1797 37 TO: EUROPE TO: FAR EAST SPOKE NK MO KOfl BU SP LM ROM HAM B HVN BRE HX HANJIN ROTTERDAM OUE 17/U 20/12 21,12 24/12 27 U CMOTANC SUCCESS 012W 22/12 */l 10(1 11/1 U/l 11.1 14/1 CHOTANC VICTORY 001E 2S/L2 21/U 2i(12 11 12 HANJIN HAMBURG OMW »12 lt/1
      1,797 words
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      Page 37 Advertisements Column 3
      348 37 'SSaS RO RO SERVICE TO EAST MALAYSIA ETA SPORE 29/12/90 ETA P. KELANG 30/12/90 ETA KUCHING 2/1/91 ETA KOTA KINABALU 4/1/91 M.V. "ORANGE MOON" VOY.B IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL OBN CT Marine Flower V 94* 22/12 1/1 3/1 11/1 17/1 27fl 'Alto calls
      348 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      620 38 my CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSLVOY [S PORE ROAM ADAM H BURG BREMEN ANTWERP KUTAI2IWB 23/12 26/1 1/2 5/2 10/2 MAT ARAM, 29M8 U/l 21/2 2W 2/3 6/3 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement Alto accepting cargo to Casablanca. Port Said. Port Alexandria.
      620 words
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      Page 38 Advertisements Column 2
      666 38 IiftHANJIN SHIPPING I yy FULL CONTAINER SERVICE IS'pore I LEH RTM ANR HAM BRV FEL FEEOCR VSL SIN LINE HAUL LAX OAK 2?12 9/1 10/1 U/l U/l 131 14/1 HANIIN ROTTEROAM OUE 1//12 H POHANG 105E U/l 13/1 29,12 16/1 17/1 18/1 18 1 20/1 21/1 CHOYANG VICTORY 001E 25/12
      666 words
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      Page 38 Advertisements Column 3
      107 38 COW EUROZONE FREIGHT SERVICES PTE LTD MO M. MAXVKU now *1?« MAXWCU. HOUSE SMGAPOOC OIOS Tb DIIWdIMESI FAX JWSirt TLX R9 ?«JOO TM Weekly Kxpreas FCL e LCI. CONSOLK SVCS. TO/FROM: TAIWAN HKG BKK USA UK EUROPE Service To: HRUNKI. K. MAI>AYSIA K. KAST PORTS PROVIDE INT L TRUCKING DOOR
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      Page 38 Advertisements Column 4
      1356 38 m U|J -J T IPKL SGP HKC KSG KIG PUS MKT OSK SHU TYO LAX CHS BAL NYC IHV ANW ROM TMP HBC SCP E GRACE RE 036 Wfl2 20(12 25/U WU WU 11/U 4/1 70 11/1 W1 1/2 2/2 12/2 13/2 14/2 IV2 W W E &UAMT RE-031 24/12
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      1766 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO. **********0E) J>' BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT. *****44/ *****14 y#y PIHr CFS: K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 mmmm NEPLINE SON BHD MALAYSIA /njx Q mr
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      Page 39 Advertisements Column 2
      1136 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES. *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VOYAGE |SPORf MAM LA HKONC VOYAGE SPORE PKLANC HBURG B'HAVEN TILBURY
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      Page 40 Advertisements Column 1
      1625 40 >/ K line vWVASAkI KISbN KAISHA. LTD. EXPORT N.AMERICA-PACIFIC SOUTH-WEST J IMPORT N. AMERICA-PACIFIC SOUTH-WEST J /FEEOER VESSEL WO* 'INOO *PK, PNG SCP MOTHER VESSEL VOY IB OAK CHI NYC7 if. WO, fn2 Iff, OOCI (RtfOOM VIA MHG U 17,12 15.12 20/1? BROOKLYN BRIDGE 36 111 IM l/l 211 H
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      Page 40 Advertisements Column 2
      1215 40 PHIU-OM6NT UNCS PT€ LTD V 108 ROBINSON ROAD *0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 By AIR, LAND OR SEA take on the world for you MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 22 DEC MONTREAL. OTTAWA, TORONTO. VANCOUVER. S'WESTERN ONTARIO. 25 DEC pUMI
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      Page 41 Advertisements Column 1
      1505 41 PACIFIC INTERNATIONAL LINES (PTE) LTD B J!■ PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA "1 BANGKOK "1 VESSEL VOV SIN JKT SIN V6§SEL VOY SIN BKK SIN EOEN 9043 22/12 24/12 29/12 SINO CREDIT 01NB 1»/12 21/12 GOWA 71SB 23/12 26/12 PEGASUS PROGRESS 647N 11/12 21/12 25/12 KOTA
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      Page 41 Advertisements Column 2
      1068 41 BEN LINE CONTAINERS ~LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint IJA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON| HAMBURG BHAVEN ROAM LHAVRE Kowtoon Bay' 98/552 20/12 14/1 8/1 loTi 7/1 13/1 Ookxes 01/556 21/12 Via TOL 9/1 11/1 13/1
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      Page 41 Advertisements Column 3
      52 41 cw JORDAN FAR EAST LINE S.A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS Vessel/Voy IkTAN ISKAN SPORE FOR Hodeidah, FORTUNE BETA 21/12 26/12 19/12 JEDOAH, JFOOBW AQABA LOAD FM E. MSI A INDONESIAN PORTS SUBJECT TO INDUCEMENT General Agents: BEN LINE AGENCIES (S) PTE LTD. \Jel: *****22 Fax: *****63
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      Page 41 Advertisements Column 4
      335 41 MYANMA Wttk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg AVA VIOSW In Pt PINYA VII2W 21/24 Dec PAGAN VI6SW 23/25 Dec PATMEIN VIORW 24/21 Dec 21/31 Dec -S*THE BAHKIINE (A »ervice of Andrew Weir Shipping) XT SEMI-CONTAINER SERVICE \i HEAVY LIFT CAPABILITY I
      335 words
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      Page 44 Advertisements Column 1
      814 44 INTEGRATED CONTAINER SERVICE JFROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG BREMEN SEN WFIO2 23/12 lb/1 16/1 18/1 19/1 CARMEN CARINA WMIO2 24/12 1/(1 16/1 19/1 18/1 W ARABIAN SEN WFIO3 2S/12 17/1 1»/1 20/1 21/1 GERMAN SEN WFIO4 S/l 24/1 2S/1 22/1 28/1 HONG
      814 words
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      Page 44 Advertisements Column 2
      1189 44 I TSSSBSL I CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 22 DEC 29 DEC LONDON ROTTEROAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLANO DESTINATIONS FAR EAST PORT KELANG 21/2 28/12 MANILA 22/12 29/12 PENANG 21/12 28/12 BUSAN 22/12 29/12 BANGKOK 23/12
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      Page 44 Advertisements Column 3
      299 44 LOADING FOR VESSEL SPORE CBO DSN BAIHES MVIDEO *10 STS WT PAOJA mostween i I*l2 au i/i Hfl W orr VMUI ALSO LOADINC rOR BUENOS AIRES Turkey, Red Seal Med Ports. Sport P Keung Ptninc Lajdrna for GENCLIK VHO SID IS O€C OPT K«'NCriSTANBUI. imi* mersin ISAENOCRUN FAMACUSTA ARASVV* 11
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      Page 44 Advertisements Column 4
      1267 44 '"sT tSi& fl 1 W CHINA OCEAN SHIPPING COMPANY I TO"-CONTAINER LINER SERVICE #15-00. SINGAPORE 0207 CABLE; COSTARLINE I CR NO: **********0 M DL I General Agents: GO6TAR SHIPPING PTE LID I TO EUROPE FROM EUROPE J VESSEL/VOY SCP fLX ROT HAM ANT WK VESSEL/VOY FLX ROT HAM ANT WIN
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      Page 45 Advertisements Column 1
      828 45 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA VII IPI Destns 22/12, 29/12 EUROPE all Ports 22/12, 29/12 BANGKOK 22/12, 26/12 HONGKONG/CHINA 21/12, 27/12 SYD, MEL, ADEL, BRIS 24/12, 31/12 FREMANTLE 24/12, 31/12 MANILA 21/12, 25/12 PKLG/PENANG 23/12, 30/12 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang
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      Page 45 Advertisements Column 2
      256 45 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) |jj& ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA ILOAONG FOR SPORE ABBAY WON/ ?A*B IS/01 OARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET ?IWB 16/02 OARESSAI AAM
      256 words
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      Page 45 Advertisements Column 3
      868 45 MASKAPAI PELAYARAN PapULAU 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 OKUNOZE
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      Page 45 Advertisements Column 4
      592 45 ————M BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL VOY |~VPORE CEBU MANILA JENLINK 36N Thu> 20/12 Sun 23/12 KITI BHUM SIR 21/12 27/12 29/12 NANTA BHUM TON Thur 20/12 Sun 23/12 SO STAR 52S 26/12 3fl 5/1 SIR! BHUM#' 474N S»t 22/12 Tue 25/12 KITI BHUM 53R 4/1 10/1 12/1
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      Page 45 Advertisements Column 5
      390 45 TO AUSTRALIA/NEW ZEALAND IwT EI |rr«K Eib [syd [*uci [lip£ jp CKAIM tnt express sa ilii im an v7i m w w i HutMC m m w iifi iw »2 ~m w5 brussei ns 55 ifl &3 155 H75 C VEROLMC 2tt "71 iw W SI 2M 27fl »3 7
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      Page 46 Advertisements Column 1
      1112 46 r A e MAC-NELS SINGAPORE f "PMT TEL *****22 import TEL *****02] TEL (04) *****6 KK TEL (088) *****0 ITAWAU TEL (089) *****9 ITvTzTTTIIP KELANG TEL (03) *****77 KUCHING TEL (082) *****3 1 SKAN TEL: (089) *****2 1 !Y~/ llj BAHRU TEL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL
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      Page 46 Advertisements Column 2
      395 46 BLUE STAR UNE SINGAPORE TO j NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTEI.TON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK ITT PROSPECT 10S 3 Jan 11 Jan Via NPI 20
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      Page 46 Advertisements Column 3
      1387 46 /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 *****11 (BOOKING LINES)"" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOY ETA DEST VESSEL I VIT I ETA KIT KIM SOON LI 49/90E 22 DEC
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      Page 47 Advertisements Column 1
      823 47 COMPANIA PERUANA \BOL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore KAMALEVERETT 02/03 Jan 04,05 Jan THOMASEVERETT W/M Jan 21/23 Jan KARABIEVERETT 29/31 Jan 01(03 Feb "EVERETT ORIENT LINE"
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      Page 47 Advertisements Column 2
      543 47 vsl Ivoy Is pore Imainliner [lax Ikst Isav |nyc Ihfx I ZIM VENE2IA HE 20/12 ZIM IBERIA 25.1 3/2 U 1/2 10/2 A VESSEL 2t/12 ZIM IBERIA 25/1 J/2 6/2 112 I<M ZIM SINGAPORE 37E 22,12 ZIM IBERIA 25,1 Ml 6/2 8,2 10/2 A VESSEL 2*12 ZIM IBERiA 25/1 J/2
      543 words
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      Page 47 Advertisements Column 3
      670 47 SING HWANG HANG SHIPPING TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE I VESSEL |S PORE I JAKARTA I SURABAYA MEKHANIK KURAKO V 40N 20/12 23/12 EQUATOR JOY V 08N |22/12 12V12 ~~1 VESSEL SPORE BANGKOK A VESSEL 22/12 26/12 A VESSEL 29/12 1/12 DESTINATIONS ETA SINGAPORE PORT KELANG 21 DEC MANILA
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      Page 47 Advertisements Column 4
      589 47 PERINTIS LINE I! ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE TIA I?9A ?0/12 23/12 PELOPOH 967 22/12 25/12 PHASETIA 131 A 27/12 30/12 TANTO UTAMA 127 16/12 19/lf TANTO UTAMA 129 23/12 26/12 TANTO UTAMA 131 30/12 02/01 General Agents ASIA PERINTIS LINES
      589 words
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      Page 47 Advertisements Column 5
      397 47 SIN PAR EAST 23/12 KEELUNG/K AOHSIUNG 22/12 BANGKOK 24/12 MANILA/CEBU 22/12 JAKARTA/BELAWAN/SURABAYA 22/12 PORT KELANG/PENANG/E. Malaysia Zl 25/12 BUSAN 30/12 TOKYO/YOKO/KOBE/NGO/OSA 24/12 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/XingangShanghai SIN EUROPE/UK 22/12 LDN/FLX/LVP/SOU 22/12 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ ZS Hungary/Roumania/Poland/Bulgaria/Czech."-^ SIN USA/CANADA 21/12 LOS ANGELES/NEW YORK
      397 words
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      Page 48 Advertisements Column 1
      677 48 CB SHIPPING (W) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES GONTAINER/LCL/BREAKBULK SERVICE •ANKE" SERVICE SPt LA£ MISIMA POM TVIUI V-«B S»IM U'l2 9'12 IVI2 V2OS| n »12 10,1 12/1 IVI W Jl«- IS «u Pom BUNKER SURCHARGE EFFECTIVE VI9SB TEU USD 53.50 B.BULK USD 500 tft USD 350 SUBJECT REVIEW
      677 words
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      Page 48 Advertisements Column 2
      616 48 SINGAPORE MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE MB V.24-CW9O 20/12/90 11/1/91 12/1/91 17/1/91 YM V 22 90W 21/12/90 16/1/91 7/1/90 12/1/91 IY V23-90W 29/12/90 25/1/91 16/1/91 20/1/91 KVT V26CW9O 30/12/90 19/1/91 20/1/91 25/1/91 KM V 24-90W 11/1/91 05/2/91 26/1/91 31/1/91 AISOACCEPIING CARGO FOR
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      Page 48 Advertisements Column 3
      400 48 I WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH 20/12 23/12 27/12 30/12 HONG KONG 16/12 20/12 23/12 27/12 S "iuSAN 17/12 2fi2 27/12 ~o3flT~ I BANGKOK 17/12 ***** 24/12 27/12 MANILA 23/12 QM» 12,-01 "GTA 22/12 2902 07/01 14/01 KYC LINE (S) PTE LTD., 158, CECIL STREET DAPENSO BUILDING, #09-00
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      Page 48 Advertisements Column 4
      1008 48 OSF OcerpService SERVICE TO/FBOMTpT/' i l HI B mß\ J ow 600 frmk*k/ofnom fci U*A. I 11 <Hl® Mfw ow 60.000 points In U.S.A. V lUj fflP» LCL/FCI MTVk«. General Agent*. 7VAAK-7/A/* PENANG KL: allied-LINK SINGAPORE: //fV\ W 04-*****2 03-*****55 778 6522(22 lines) SFFA Marina Ong Susan Ng/Chrlsttna Chlew Irene
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      434 49 TIDES AND WEATHER TOOAV*S TIDES (height in metres) HOUt 0000 0100 0200 0300 MOO 0500 0600 0700 MOO MOO *************************C*****011M19M 20M 21M 22M Z3M JR 2.4 2.3 2.0 1.7 1.4 13 11 15 1.9 2.5 10 3.1 10 2.6 2.1 1.6 1.1 0.8 0.6 15 17 12 1.7 2.1 pf>
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      Page 50 Advertisements Column 1
      325 50 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 15/90 12/12 25/12 TONG SERN 10/90 20/12 31/12 For Enquiries Call CALVIN HO/DANY LAU Hit HIAP HO6 SHPPNG ENTERPRBE I f/lf TEL: *****66 FAX: *****10 \JfllS TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG SEALORD MARINER 17/12
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      Page 50 Advertisements Column 2
      695 50 4HYUNDOI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI COMMANDER 22t 14/12 20/12 7/1 »/l 11/1 10/1 HYUNDAI CHALLENGER 36JJ J/U WJI J2/U 30/11 ¥J2 HYUNDAI PIONEER 37E 22/12 27/12
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      Page 50 Advertisements Column 3
      532 50 CHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) •c,^ Hmlw| to CoponhafifV Airlw, Gothenburg Milno. S PONE S TON H'BURC SHAVEN 1 DAM LEH Mtmki. Stock holm KURAMA 0»-iS3 lirfL2 1/1 VI 7/1 RottonJam :to Antwtrp, Amtortaai. Otto. ttoHinki KOWLOON BAY *552 20/12 14/1 1/1 1/1 7/1 13/1
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