The Business Times, 19 December 1990

Microfilm: NL17372
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday December 19 1990 75*
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  • NEWS SUMMARY
    • Article
      EC hopes to send aid to Moscow by year-end
      54 1 THE European Community (EC) hopes to deliver its first emergeney food and medieal aid to the Soviet Union before the year end, an EC spokesman said. An EC delegation leaves for Moscow today to find out what the country's most urgent
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    • Article
      No plan to refer Sky merger to Commission
      40 1 BRITAIN'S Department of Trade and Industry said yesterday that it did not plan to refer a merger of Rupert Murdoch's Sky Television and British Satellite Broadcasting to the Monopolies and Mergers Commission.
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    • Article
      Electronics growth
      32 1 THE OUTPUT of Singapore's electronics industry is expected to grow 15 per cent to $28 billion this year, but the outlook for the next year looks less rosy P®g e
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    • Article
      Hotel body optimistic
      35 1 LOCAL hoteliers can expect reasonable room occupancy rates and profits next year even if there is no growth in tourist numbers, says the head of the Singapore Hotel Association (SHA) Page 2
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    • Article
      Call for investment
      30 1 A MINISTER has emphasised the importance of Indonesia investing in overseas trading companies dominating international marketing networks to help strengthen its exports of industrial products Page 7
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    • Article
      US farm trade warning
      35 1 THE US has warned of a danger to trans-Atlantic relations following the failure of trade talks while the European Commission has proposed extending favourable arrangements for importing American grains Page 8
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    • Article
      Inflation rekindled
      27 1 BEIJING'S efforts to bring industrial production and consumer purchasing out of a serious slump have caused a resurgence of inflation in the country Page 9
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    • Article
      Fears over Pakistan
      28 1 PAKISTAN is on the verge of bankruptcy and desperately needs further foreign aid to avoid economic disaster, says a senior Japanese government official Page 9
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    • Article
      Hapag-Lloyd niche
      29 1 GREATER TRADE within Asia as well as between Asia and Europe will be the main sources of business for Germany's Hapag-Lloyd next year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      30 1 SHARES opened marginally lower on Wall Street yesterday with the Dow Jones index of leading industrials slipping 0.50 points to 2,592.82 in the first five minutes of trading.
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    • Article
      Footsie higher
      31 1 BRITISH share prices were higher at midday yesterday. At about 1215 GM 1. the financial Times-Stock Exchange 100-Share Index was up four points, or 0.2 per cent, at 2,161.9.
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    • Article
      Wearnes sets up unit
      20 1 PERSONAL computer maker Wearnes Technology hopes to increase sales substantially with a newly-formed marketing company Page
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    • Article
      PNB report bullish
      20 1 THE STRENGTH of domestic demand augurs well for Malaysia's corporate sector, says a PNB report Page 3
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    • Article
      Australian rates cut
      25 1 AUSTRALIA'S central bank yesterday cut interest rates, easing official cash levels by one per cent to about 12 per cent Page 6
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    • Article
      KL-led group gets loan
      33 1 A MALAYSIAN-LED group has secured a U*****.5 million syndicated loan for a methyl tertiary butyl ester plant and a polypropylene plant costing a total of MSB4O million Pace 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesda) Change BT-MGA 581.05 +2.93 Kuala Lumpur ....498.08 -2.23 Hongkong 3,066.65 +14.73 Tokyo 24,424.02 +336.11 Sydney 1,283.6 -12.1 Monday Change New York 2,593.32 -0.49 London 2.157.9 -10.5
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    • Article
      CURRENCIES
      18 1 Exchange rates USS SSI.7205 Yen SSI.2941 MS SS0.6369 Money market rates Overnight 4 -5/8 3-month 5-7/16% +1/16
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    • Article
      COMMODITIES
      37 1 London Gold M fix US$376 -USS0.85 Rubber S'pore Jan 1 50.00*/ltg unch M'sia Jan 238.50«/kg -0.50 KL Tin Turnover 62 tonnes +22 Spot MS 15.16/kg -0.10 Crude palm oil Turnover 2,217 lots -1238 Jan MS866/tonne -14
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  • Article
    Grim outlook forcing airlines to cut forecasts
    564 1  -  Some are almost halving growth projections By John Tan FACED with a slowdown in the travel market because ot the Gulf crisis and talk ol widespread recession, airlines are revising downwards their forecasts for next year in some cases by almost half. "Next
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  • Article, Illustration
    Van der Horst sues ex-CEO
    502 1  -  Edelstein alleged to have broken employment contract By David Gabriel PUBLICLY-listed company Van der Horst has taken action against its former chief executive, Marc J Edelstein, for breaching his employment contract by setting up a rival business. The company has also got a court order
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  • Article
    Lock icon United States trade deficit up 24.5pc in October
    217 1 Reuter THE United States trade deficit shot up by 24.5 per cent in October to a seasonal-ly-adjusted US$ll.6l billion, the biggest in two-and-a-hall years, from U559.33 billion in September. The American Commerce Department announced in Washington yesterday that in spite of a
    Reuter  -  217 words
  • Article
    Lock icon Poverty is the new threat: Nato
    159 1 AFP EOREIGN ministers of the 16 member suites of the North Atlantic Treaty Organisation adopted a communique at the end of a twn-day meeting in Brussels yesterday, agreeing that the new challenge lacing Nato was not communism but poverty arising from political instability in
    AFP  -  159 words
  • Article, Illustration
    Colony's market positive about HKBank move
    507 1  -  From Catherine Ong in HONGKONG THE Hongkong stockmarket yesterday reacted positively to news that the territory's largest bank is to set up a UK parent company, much to the surprise of many investment analysts. Heavy trading in Hongkongßank shares caused the counter to recover
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      262 1 BUSWESMRENDSf PERSONNEL CONSULTANTS EXECUTIVE PLACEMENTS ©*****62 SINGAPORE KUALA LUMPUR JAKARTA* HONG KONG« SYDNEY Aircraft Schedule 18 Money Changer Rates 18 Weather 18 Commodities 29 Money Market 28 World News 89 Cryptic Crossword 18 Regional News 7 World Stock Markets 27 Editorial 10 Regional Stock Markets 26 For market indices editorial.
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      Page 1 Advertisements Column 2
      121 1 \f\ Ql+Xwup £&CtttA4*£l nhcimain SINCE 1888 v \J Made in WEST GERMANY Sole Agent: H. W. Shelley Co. (Pte) Ltd. Analysis, Pg 11 Hock Lock Siew, Pg 3 Hongkongßank's "moving out' stirs mixed feelings, Pg 7 ~?m yn. f DAILY |i h SPECIALITIES i! I i B Mon Seafcx>d Pancake
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Rajendran appointed Supreme Court Judge
        137 2 JUDIC lAL commissioner S Rajendran, 52, has been appointed a Judge of the Supreme Court. The appointment, which takes effect from Jan 1, was announced yesterday by the Prime Minister's Office. Mr Rajendran, the PMO statement said, had originally been invited to be a Judge
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      • Article
        Payment of stamp duty
        67 2 I HE Finance Ministry's Revenue Division yesterday announced that from Friday, payment of stamp duty on Memorandum and Articles of Association filed with the Registrar of C ompanies and Businesses can be made by means ot adhesive revenue stamps. This is because the Second Schedule of
        67 words
      • Article
        Airing green views
        94 2 CONFERENCE to discuss environment-related issues will be held in Singapore in November next year. Organised by limes Conferences, Enviro Asia '91 will focus on the economic and legislative issues related to the environment within the Asean region. Speakers at the conference will include eminent industrialists and policy-makers
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    • Article
      Transport costs down in November
      181 2 CHEAPER petrol and lower cost of cars in November brought transport and communication costs down by 2.4 per cent compared with i fctober. This was despite higher taxi and Mass Rapid Transit fares, said the Department of Statistics. Car prices were lower in November mainly
      181 words
    • Article, Illustration
      Electronics sector expects 17pc growth in output
      452 2  -  By Lee Han Shih RIDING on the booming demand for disk drives and other equipment, the output of the electronics industry is expected to grow by just under 17 per cent to $28 billion worth this year. But next year is likely to
      452 words
    • Article
      EDB places new emphasis on industrial machinery
      238 2  -  By Claire Leow THE Economic Development Board is putting new emphasis on industrial machinery, especially niche areas such as industrial fasteners and bearings, to give the manufacturing sector more muscle. At a press briefing yesterday on the manufacturing sector, an EDB spokesman said
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    • Article, Illustration
      Firms tapping software institute's expertise
      357 2  -  By Schutz Lee THE expertise of the JapanSingapore Institute of Software Technology (JSIST) has attracted the attention of companies in Singapore. The institute has been engaged by at least three companies to jointly develop new software systems: •by Japanese multinational NEC to set up a
      357 words
    • Article
      PUB beefs up water monitoring system
      149 2 THE Public Utilities Board (PUB) is spending another $10 million to develop its computer-based remote monitoring and supervisory control system for the water supply network in Singapore. In this second stage of computerising and mechanising the board's water operations, its instruments for the treatment
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    • Article
      Hoteliers expect fairly profitable year ahead
      566 2  -  By Suzanne Soh LOCAL hoteliers can expect reasonable room occupancy rates and profits next year even if there is no growth in the tourist numbers, says the head of the Singapore Hotel Association (SHA). Next year should see an average room occupancy level of
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      Page 2 Advertisements Column 1
      420 2 and expensKathoid. I iSrnJt jmw Say gomlbye to messy lisis anil lost expense slips Other features 64 KB memory Calendar, schedule Because the ZQ-5200 has a built-in Time Expense book, home and world clock, telephone directory, memo Manager that lets you keep track ol all the things you pad, 10-digit
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      Page 2 Advertisements Column 2
      249 2 Wo?L e n sity MBA 3rd Intake By Distance Learning Commencing 28 January Admission Criteria Systems Approach to CPS the Founded in 1927, The University of Hull is one of the most ™RSTtoofter ph,losophy for the 1990s prestigious British universities It is a centre of excellence in contemporary manag v
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Wearnes Tech hoping new firm will boost sales
      371 3  -  Newly-formed company also to offer 'total' solutions By William Chia PERSONAL computer manufacturer Wearnes Technology, a subsidiary of Wearne Brothers Ltd, hopes to increase sales substantially with a newly-formed marketing company. Wearnes Computer Systems (WCS), the new marketing eompany, is made up
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    • Article, Illustration
      Strong domestic demand bodes well for M'sian businesses: study
      464 3 THE STRENGTH of domestic demand augurs well for the corporate sector, particularly in manufacturing, construction and services, according to the 1989/90 edition of Malaysian Corporate Performance launched by Permodalan Nasional Bhd (PNB) group chief executive Datuk Khalid Ibrahim on Monday. The
      464 words
    • Article, Illustration
      HKBank risks paying a big price
      775 3  -  THE HOCK LOCK SIEW COLUMN Adoption of UK parent may incur wrath of China By Catherine Ong NO MATTER how absurdly positive the Hongkong stock market's reaction may be to yesterday's news that Hongkongßank is setting up a UK parent company, the longer-term consequence
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    • Article
      Lock icon KLCE and KLSE should co-operate on futures: analyst
      287 3 Bernama THE Kuala Lumpur Commodity Exchange and the Kuala Lumpur Stock Exchange should co-operate and jointly form a financial futures contract in Malaysia, an industry analyst said yesterday. Dr Francis Visuvasam, general manager of Biztech Sdn Bhd, a member of the KLCE,
      Bernama  -  287 words
    • Article
      Lock icon Plan to build helicopters going smoothly: SAe
      185 3 AFP THE joint-venture plan between France, China and Singapore to build light helicopters is moving smoothly and remains "undisturbed", Singapore Aerospace Ltd (SAe) said yesterday. "Our programme is on schedule and our engineers are there working on it," said a spokesman for Singapore
      AFP  -  185 words
  • COMPANY BRIEFS
    • Article
      KLSE announces festive trading hours
      61 3 THE Kuala Lumpur Stock Exchange today announced that trading will cease at 12.30 pm and its office close at 1 pm on Christmas Eve and New Year's Eve. The KLSE said in a statement released here that the Committee of the Exchange had decided on
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    • Article
      M$10m more for Amalcrest
      38 3 KING'S Hotel Ltd has pumped in an additional Mslo million into its wholly-owned subsidiary Amalcrest (M) Sdn Bhd. Accordingly, the paid-up capital of Amalcrest has been increased from MS 15 million to Ms2s million.
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    • Article
      Help wanted on BMF case
      78 3 THE police may seek the help of British authorities in investigations into the Bumiputra Malaysia Finance case, Deputy Home Minister Datuk Megat Junid Megat Ayub said yesterday. He told Haji Buniyamin Yaakob that the police were reviewing the case to determine in which areas they
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    • Article
      MBF buys stake in Multi-Com
      117 3 MBF Holdings Bhd said yesterday its Hongkong-based subsidiary, MBF International Ltd, is purchasing a 100 per cent equity interest, or two million shares, in Multi-Com Sdn Bhd for Ms 2 million. It said the acquisition of MultiCom. a rubber gloves manufacturer, would be financed from
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    • Article
      Hock Hua Bank oversubscribed
      33 3 SARAWAK-based Hock Hua Bank Bhd's public share issue has been oversubscribed by 7.7 times, receiving a total of 99,801 applications for 125.887 million shares, valued at M 5409.133 million.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      170 3 i EXCUSES YOU CAN'T 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
    • COMPANY BRIEFS
      • Article
        Ricoh, Crowning-United set up sales firm in HK
        55 4 JAPAN'S Ricoh Co Ltd and Hongkong's Crowning-United Co Ltd have set up a joint Hongkong sales company, a Ricoh spokesman said. Ricoh Asia Industry HK Ltd, capitalised at 2.1 billion yen, is owned 90 per cent by the office automation equipment maker,
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      • Article
        Toyota projects rise in exports
        106 4 JAPAN'S top automaker, Toyota Motor Corp, said yesterday it has projected 1.78 million car exports for 1991, up 6.0 per cent over the current year. The Nagoya-based company estimated its 1990 exports at 1.68 million units, up 1.0 per cent over the preceding year. The
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      • Article
        Goodman gets A$300m in credit
        79 4 GOODMAN Fielder Wattie Ltd said it had finalised an AS3OO million syndicated letter of credit facility from 18 major Australian and international banks to repay short-term debt. The facility was arranged by Bankers Trust Australia Ltd. Plans were announced in June and the facility was
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      • Article
        Sumitomo buys Prometrix stake
        53 4 TRADING firm Sumitomo Corp bought about 3 per cent of Prometrix Corp, a US maker of semiconductor inspection equipment, for $1 million, a Sumitomo spokeswoman said. Sumitomo became sole importer to Japan of Prometrix's products in 1984, and Sumitomo's wholly owned Sumisho Electronic Systems Inc unit
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    • Article
      Thai steel firm counters US dumping allegation
      359 4 ONE of the two Thai firms being investigated for alleged dumping of steel wire ropes on the US market has countered the US allegation contending that Thailand and the US virtually have the same production costs. The Nation on Monday quoted the company,
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    • Article
      Lock icon Shares of Adsteam nosedive
      278 4 Reuter JITTERY INVESTORS slashed the market value of Adelaide Steamship Co Ltd in half yesterday amid fears that the group may founder on its high debt levels. Shares in the entrepreneurial investment company slumped 50 per cent to an all-time low of just 15 Australian cents,
      Reuter  -  278 words
    • Article
      Sincere to tighten internal control
      348 4 HONGKONG RETAILER Sincere Co is to put its house in order following the uncovering of an embezzlement case in September. The South China Morning Post reported on Monday that the company's managing director, Mr Selwyn Mar. has decided to strengthen the internal control of the
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    • Article, Illustration
      Lock icon Polly Peck affair undermines foreign takeovers in Japan
      590 4 Reuter THE collapse of Britain's fruit-to-electronics conglomerate Polly Peck and the arrest of high-flying chairman Asil Nadir are likely to deepen Japanese firms' distrust of being acquired by foreign companies, industry analysts said on Monday. Polly Peck collapsed and was put into
      Reuter  -  590 words
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      Page 4 Advertisements Column 1
      60 4 J I B: j| b- i f* M Jr<\ M *"isfi'" 1 I m flyfi > £m H s'i 'VmMwlt.; t f 1 H I I I B H B -Is I g I |jlj| I 1 a HH p HI Hill J|| BL. a mk i ■P B mgmgm
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Lonrho-Gencor merger unlikely: analysts
      611 5 Reuter. REPORTS that UK conglomerate Lonrho pic is considering a merger with South Africa's Gencor Ltd to create one of the world's largest mining, farming and industrial groups, surprised London share analysts, who dismissed such a move as unlikely. But existing co-operation between the two, and
      Reuter.  -  611 words
    • Article
      Lock icon Shareholder files class action against Chrysler
      198 5 Reuter A SHAREHOLDER has filed a class action suit against Chrysler Corp, its chairman Lee lacocca and its directors seeking to block an amendment to the automaker's shareholder rights plan. The suit, filed on Friday by Mr Arun Shingala, asks the Delaware Chancery Court
      Reuter  -  198 words
    • Article
      Lock icon NCR ad mocks AT&T's takeover bid
      290 5 NYT IN AN ATTEMPT to turn public opinion against AT&T's takeover bid, NCR Corp ran a mocking full-page advertisement in several newspapers on Monday, calling its unwanted suitor "the wrong choice". But one marketing expert said the NCR ad, while clever, failed to provide
      NYT  -  290 words
    • Article
      Lock icon Trump meets junk bonds deadline
      184 5 NYT DONALD Trump said yesterday that he had met the interest payment deadlines on two high-yield, or "junk bond", issues sold to finance two Atlantic City casinos. Mr Trump paid about $18.4 million in interest to bondholders of the Trump Castle Hotel and Casino and
      NYT  -  184 words
    • COMPANY BRIEFS
      • Article
        Nike says worldwide orders up 27pc
        71 5 NIKE CORP said its worldwide orders for athletic footwear and apparel scheduled for delivery between December 1990 and April 1991 are 27 per cent higher than the same period last year. Domestic athletic footwear orders are up 11 per cent, domestic apparel orders are
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      • Article
        Heritage filing Chapter 11
        73 5 HERITAGE ENTERTAINMENT Inc said it is filing for reorganisation under Chapter 11 of the Federal bankruptcy code due to an inability to repay its permanent lending facility, which expired on Dec 14. The company said it has agreed in principle to merge with Samuel Goldwyn Co
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      • Article
        Dutch group buys drinks firm
        76 5 DUTCH spirits group Bols said it had reached agreement to acquire Italian drinks firm Ottavio Riccadonna SpA for an undisclosed cash sum. Bols said Riccadonna, based in Canelfi in the Piedmont region of Italy, has annual sales of 90 million guilders. The Italian company produces
        76 words
      • Article
        Nadir fails to meet bail terms
        76 5 ASIL NADIR, chairman of Polly Peck International pic failed to meet bail requirements totalling £3.5 million, the Press Association news agency said. Nadir was being sent to spend a further night in jail, after he was arrested on Saturday afternoon by police officers attached
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      • Article
        Bayer's deal to cost DM28.2m
        60 5 GERMAN chemical group Bayer AG will pay 107 million Danish crowns (28.2 million marks) for the 60 per cent stake in Denmark's Agro-Kerni it is buying from Superfos, a company spokesman said. Bayer announced the acquisition, which will raise Bayer's stake in Agro-Kemi to 100
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      208 5 EXCUSES YOU CANT USE THIS CHRISTMAS. #4 A f "CHRISTMAS PRESENTS? WHAT ON EARTH COULD I BUY AT THE AIRPORT?" No excuses now that Scotts Weitnauer has come to Changi Terminal 2. Choose from our extensive range of top| fashion items and accessories for remarkable value. Gift wrapped and delivered
      208 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Australia cuts rates by one percentage point
      341 6 AFP AUSTRALIA'S central bank cut interest rates yesterday, easing official cash levels by one per cent to about 12 per cent. Treasurer Paul Keating told a news conference in Canberra after the Reserve Bank announcement that the government considered it "appropriate that there
      AFP  -  341 words
    • Article
      Thai firm signs US$30m credit facility
      196 6  -  By Diana Oon PHATRA Thanakit Company, a leading Thai finance and securities company, signed a US$3O million mul-ti-currency revolving facility in Singapore on Monday. The syndicated facility, which was put together by six Japanese banks, will mature in three years, with an option to
      196 words
    • Article
      Lock icon KL-led group raises loan for M$840m petrochemical plants
      401 6 Reuter A MALAYSIAN-LED group has secured a U*****.5 million syndicated loan for a methyl tertiary butyl ester (MTBE) plant and a polypropylene plant costing a total of MsB4o million. The loan, arranged by Bank Bumiputra Malaysia Bhd, lead managed by five banks
      Reuter  -  401 words
    • Article
      Lock icon Profits of Belgian banks under pressure
      298 6 Reuter BELGIUM'S regulatory Banking Commission has issued a warning about banks' profits, under pressure from changes in investment taxes and increased competition. In its 1989-1990 annual report, the commission said: "The dependence of Belgian credit institutions on traditional interest revenues and the weight of
      Reuter  -  298 words
    • SMALL CHANGE
      • Article
        Midland not in talks with bank on unit sale
        86 6 MIDLAND BANK said it was not in talks with Swiss Bank Corp about the sale of part of the UK group's Australian investment bank Dominguez Barry Samuel Montagu (DBSM). A Midland spokesman said the company was unaware of any negotiations with
        86 words
      • Article
        US Fed adds reserves
        91 6 THE Federal Reserve added cash to the banking system through US$l.5 billion of customer repurchases, a Fed spokesman said in response to an inquiry. Some economists had expected the Fed to refrain or drain, as this is a drain period. "But the Fed wants to keep
        91 words
      • Article
        Turkish tax angers bankers
        83 6 THE Turkish Finance Ministry's decision to impose a 0.1 per cent transaction tax on all forms of forex arbitrage, based on a dormant tax ruling which dates back to 1957, could result in dealing rooms being closed, bankers said. A Finance Ministry circular recently sent to
        83 words
      • Article
        TVH financing commitment set
        89 6 AM BASE CORP said TVH Acquisition Corp has received financing commitment from a bank group led by Chase Manhattan Bank to complete TVH's purchase of the Home Insurance Company, a wholly-owned subsidiary of Amßase. The amount of the financing commitment was not disclosed. TVH was formed
        89 words
      • Article
        Allianz groups subsidiaries
        104 6 GERMAN insurer Allianz Holding AG has grouped its French units Allianz France and Via/Rhin et Moselle in a new holding jointly owned with Compagnie de Navigation Mixte. Allianz will own some 65 per cent of the holding, called Allianz Via Holding France, while Navigation Mixte will have
        104 words
      • Article
        Daimler in first CP programme
        102 6 DEUTSCHE BANK aid in a statement it was mandated by Daimler-Benz AG to arrange a 500 million mark commercial paper (CP) programme, the first mark-denominated CP for a German-based issuer. Details of the programme were not available from Deutsche. But a spokesman for the bank
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      Page 6 Advertisements Column 1
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Jakarta urged to invest in foreign trading firms
      417 7 INDONESIAN Coordinating Minister for Economic, Financial and Industrial Affairs Radius Prawiro has emphasised the importance for his country to invest in overseas trading companies dominating international marketing networks to help strengthen the country's exports of industrial products. Mr Radius said that such
      417 words
    • Article, Illustration
      Lock icon Automatic rifles to keep the peace
      48 7 Indian soldiers guarding a street in the Taj Mahal city of Agra, where at least 11 people have died over the weekend in Hindu-Muslim riots. Religious violence in the country has already claimed 250 lives since Pec 7. Reuter picture Reuter picture
      Reuter picture  -  48 words
    • Article
      Lock icon Exports rise, but Hanoi still runs deficit
      173 7 AFP VIETNAM'S exports have increased this year but the country is still running a net trade deficit. According to the Vietnam News Agency, the value of Vietnam's exports in the past 11 months rose 29 per cent over the same period last year
      AFP  -  173 words
    • Article
      Lock icon HongkongBank's 'moving out' stirs mixed feelings
      310 7 Reuter ANALYSTS and Hongkong residents gave mixed reactions to news that the Hongkong and Shanghai Banking Corp is effectively moving its domicile out of the British colony. The move, which many had said was inevitable ever since the 1984 Sino-British Joint Declaration sealed Hongkong's
      Reuter  -  310 words
    • NOTE BOOK
      • Article
        Thai foreign minister to visit Cambodia
        86 7 THAILAND'S new foreign minister, Arthit Urairat, said yesterday he would visit Cambodia early next year, the first Thai minister to do so since the Khmer Rouge took power in 1975. Mr Arthit said Thailand, which had in the past two years distanced itself from
        86 words
      • Article
        Hanoi may reduce conscription
        56 7 VIETNAM has halted the demobilisation of army units because of high unemployment on the home front. The official Nhan Dan daily, citing informed sources, meanwhile reported yesterday that National Assembly deputies were debating cutting conscription from three years to two. The reduction would exclude soldiers with
        56 words
      • Article
        Parallel govt move criticised
        60 7 PLANS by a group of Myanmar's pro-democracy leaders to set up a parallel government were severely criticised by Yangon-based diplomats yesterday. They described the plans recently announced by MPs from the National League for Democracy as both futile and dangerous. "It will make the regime mad
        60 words
      • Article
        Aquino firm on oil subsidies
        72 7 PHILIPPINE PRESIDENT Corazon Aquino yesterday rejected calls to restore subsidies on oil imports and order a 47 per cent rise in the minimum wage. The government, fighting to trim a growing budget deficit amid rising oil prices in the world market, jacked up pump prices
        72 words
      • Article
        Freer movement for US troops
        55 7 WASHINGTON has eased the liberty of movement of its personnel in the Philippines, citing a reduced threat on the lives of Americans. The communist insurgent New People's Army have killed seven US military base personnel since 1987, including military adviser Colonel James Rowe who was
        55 words
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      Page 7 Advertisements Column 1
      186 7 I ijBBMIMRRt the quality brand known to For the special lady in r K I your life, this Christmas is K the time to pamper her with a gift from the I Pearls Collection. Made jjt, ,J| P from soft and luxurious w -.a Ijj^l jacquard satin, the V collection
      186 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Leftist priest expected to win Haiti elections
        88 8 SCATTERED official returns from Haiti's presidential elections have given leftist priest Jean-Bertrand Aristidc a landslide victory and US officials hailed him as the apparent winner on Monday. With only one per cent of the official tally available on Monday evening, Mr Aristide had
        88 words
      • Article
        De Maiziere not in Cabinet
        80 8 LOTHAR de Maiziere, who headed East Germany's short-lived democratic government, has said he will not join united Germany's first government. Mr de Maiziere has repeatedly denied allegations that he worked for Stasi, the now-disbanded East German secret police. A deputy leader of Chancellor Helmut Kohl's
        80 words
      • Article
        Minister suspected of graft
        59 8 A FORMER Japanese Cabinet minister suspected of involvement in a financial scandal has declared for taxes more than US$7 million in earnings between 1986 and 1988. Asahi Shimbun yesterday reported that former environment minister Toshiyuki Inamura received money from negotiated transactions with the speculative company Koshin,
        59 words
      • Article
        Call for El Salvador ceasefire
        77 8 CENTRAL AMERICAN presidents ended a three-day summit in Costa Rica on Monday by calling on El Salvador's leftist guerillas to agree to an immediate ceasefire and abandon the armed struggle. The statement came in response to a resurgence of fighting in El Salvador where UN-mediated
        77 words
      • Article
        Indian PM issues warning
        62 8 AS independent India's most frenzied religious riots ravage the country and its economy, Prime Minister Chandra Shekhar has warned that he is prepared to use unlimited "coercive power" to end the fighting. "Any amount of force that is needed will be used in order to stop
        62 words
      • Article
        Sino-US business centre opens
        53 8 THE FIRST Sino-US business information centre has opened in the north-eastern industrial city of Shenyang. The official New China News Agency (NCNA) reported that the US ambassador to China, James Lilley, said at the ribbon-cutting ceremony that the centre "turns a new page in Sino-US economic
        53 words
    • Article, Illustration
      Lock icon US warns of political fallout from farm row
      571 8 Washington sees threat to trans-Atlantic ties AFP THE US has warned of a danger to trans-Atlantic relations following the failure of trade talks while the European Commission (EC) has proposed an extension of favourable arrangements for importing US grains. US Secretary of
      AFP  -  571 words
    • Article
      Lock icon Keating hopeful of positive result in Gatt trade talks
      265 8 AFP AUSTRALIAN Treasurer Paul Keating said yesterday that the "enormous strain" on the European Community of subsidising its agricultural production will increase pressure on Europe and help produce a favourable result in world trade talks. Mr Keating was asked at a
      AFP  -  265 words
    • Article
      Lock icon US in severe recession, says Nikko expert
      329 8 Reuter THE US economy is in a "severe" recession that started in July and is unlikely to end until the fourth quarter of 1991, said Mr Robert Brusca, chief economist at Nikko Securities Co International Inc. "We're having about as severe a recession
      Reuter  -  329 words
    • Article
      Lock icon Analysts expect US interest rates to continue falling
      304 8 AFP US INTEREST rates should maintain their downward momentum in the months to come as the country's monetary authorities case credit to avoid an extension or deepening of the recession, say analysts. The US Federal Reserve's Open Market Committee was scheduled to
      AFP  -  304 words
    • Article
      Lock icon Tough measures needed to cure Soviet economy
      471 8 Reuter PRESIDENT Mikhail Gorbachev has said that foreign aid alone would not save the Soviet Union from collapse and a strong hand was needed to impose economic discipline. Mr Gorbachev told the Soviet Congress of People's Deputies on Monday that the basis for
      Reuter  -  471 words
    • Article
      Lock icon Taipei eases curbs on loans to foreign firms
      243 8 AFP TAIWAN'S Central Bank of China yesterday further liberalised credit control by allowing local banks to extend loans over NT$5 million (U*****,501) to foreign investors without seeking its prior approval, banking officials in Taipei said. The requirement that local banks needed guarantees
      AFP  -  243 words
    • Article
      Lock icon Bid to boost Chinese economy revives inflation
      388 9 Latest figures show price rise in November AP CHINA'S efforts to bring industrial production and consumer purchasing out of a serious slump have caused a resurgence of inflation, according to figures published yesterday. Prices rose 5.3 per cent last month over one year
      AP  -  388 words
    • Article
      Lock icon Pakistan near bankruptcy: Tokyo official
      371 9 Reuter PAKISTAN is on the verge of bankruptcy and desperately needs further foreign aid to avoid economic disaster, says a senior Japanese government official. Taro Ishibashi, director of loan aid at the Japanese Ministry of Foreign Affairs, said in Islamabad on Monday that there was
      Reuter  -  371 words
    • Article
      Lock icon Billion-dollar bid to woo Bhutto's home province
      394 9 AFP PAKISTAN'S first Punjabi Prime Minister in decades, Nawaz Sharif, has launched a billion-dollar programme to win over the native population of Sindh, home province of his arch-rival, ousted premier Benazir Bhutto. Mr Sharif, 41, announced his two-pronged strategy of rooting out crime
      AFP  -  394 words
    • Article, Illustration
      A big no to Moscow's union treaty
      42 9 Almost 200,000 people attended a rally in Kishinyov over the weekend to say no to Moscow's proposed treaty designed to hold the Soviet Union together. Many protesters carried placards saying 'Down with the Russian empire.
      42 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      79 8 Je^^i M-: Oysters, S#keJE|M jjtofr'-i?- \&M X ->' '&J^jffl^jr Chicken, Lamb, Salmon or other seloioit^^^| A choice of tempting desserts and coffee/tea. > V ifT^V^ At only Ss3o plus 10% service charge and 4% govt tax. **>&% JF sf' '■'(§'/Jti\ If IV. 'Vk /vdlll I W >JrV'- 7 <f f
      79 words
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      Page 8 Advertisements Column 2
      144 8 8 You could win a pile j 11 at Eastern Carpets' ffl? 11 Christmas Auction.s flj X Our auctions are renowned for the quality of the offerings. jjjflS And the value. This Christmas Auction is no exception. l Except for the fact that you could be one of the fifteen
      144 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      80 9 BANK OF SINGAPORE (AUSTRALIA) LIMITED A 520,000,000 Term Subordinated Floating Rate Notes Due 2000 In accordance with the provisions of the Note, notice is hereby given that for the six month interest period from 19th December 1990 to 19th June 1991, the Note will carry an Interest Rate of 12.3125%
      80 words
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      Page 9 Advertisements Column 2
      200 9 iJ nS. A vf\ /Jm m //A afc Wr jft/m The automatic Chronograph GP 4900 (Ohmpico) For nearly 200 years, the watches and movements that bear our name have always been exceptional creations. The new GP 4900 takes its rightful place at the highest level of our watchmaking tradition; technical
      200 words
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  • Article
    Budgeting for growth
    478 10 EDITORIAL MALAYSIA'S budget for fiscal year 1991 presented by Finance Minister Datuk Paduka Daim Zainuddin received an enthusiastic reception last Friday. The reasons are obvious the budget offers several incentives for growth. The country's taxpayers are pleased with the proposed cuts in personal income tax. This is
    478 words
  • WHAT THE OTHERS SAY
    • Article
      One more for the road
      262 10 THE weekend car scheme is a good one, but will it be an unqualified success? That depends on whether the government has got the details of the scheme right. The government must have been concerned about not making the scheme so attractive that the roads
      262 words
    • Article
      Bumpy road to reform
      113 10 ALBANIA'S Communist Party has given in to the mounting unrest and allowed political opposition parties to emerge. But the road to democracy will not be easy for Albanians who, shut away from the outside world, are unfamiliar with the democratic process and institutions. The Albanian authorities
      113 words
    • Article
      Population trend
      131 10 THE Population Unit's report brings good news. The number of babies born this year will exceed the government's target; more educated women are having three or more children; the number of third children with at least a secondary education has also jumped. It looks like the government's incentives
      131 words
  • REGIONAL VIEWPOINTS
    • Article
      The image problem
      174 10 THE PM's policy advisers and their hand-picked spokesman for Government House, M R Pridiyatorn Devakula, must not confuse poor government public relations with the highly negative public image of Premier Chatichai Choonhavan and his new coalition. What Baan Phitsanulok and the new Government House spokesman can do
      174 words
    • Article
      Consultation or meddling?
      137 10 SINCE the signing of the Joint Deelaration six years ago, the Hongkong government has suffered a steady erosion of its power to aet with the speed and freedom for whieh it was once famous, and "second-guessing' the Beijing reaction has become the norm. The latest round of
      137 words
    • Article
      Welcoming visitors
      178 10 WITH only a few weeks to go before 1991 arrives, designated with much fanfare as Visit Indonesia Year, some basic elements should be taken care of lest thousands of visitors experience disturbing disappointments. Besides streamlining the bureaucratic process at our airports, would it be too difficult to ask
      178 words
  • Article, Illustration
    Lock icon Macau gambles on future success
    838 10  -  Macau wants to become a trade centre, but it may not be able to realise its dream. Michael Di Cicco reports Michael Di Cicco UPI SINCE it was colonised by Portuguese traders in 1557, Macau has I been an unruly child, infamous as a haven
    UPI  -  838 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      203 10 L> December 19-31, 1990 2 Great Choices For fl| |%«SN New Golfers j |ffl| ■K Epsilon (4 x 9) Japan Metalwood (t IL\ Usual $1,150.00 (#1.30r4) A)) J\ I r Now $890.00 Usual $100.00 2 f PEGASIIS f I 1 NOUVEAU <2 Preasjon(4x9) From $50.00 !(4 wood y O I
      203 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      55 10 DOONESBURY BY GARRV TRUDEAU SECXETAM BAKBF.FOR&VE dt CAUSE, DEAR. Y (/Cf ME IF fOU'VE HEAPP THIS JHEPES ALWAiS TIMB (fJOMAN. SAP9AM ONE ftfCPS WJT WHAT'S FOR MAP, VEAP MAN MHi HUSSEtN IS NOT6O T HaTF YOUR RUSH' POES THE APMINISTRA T/ON tN6 TO BEUEVE UJE SECFETARi K 50 STRENUOUSLY RESIST
      55 words
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  • ANALYSIS
    • Article
      Lock icon Once-powerful cartel forced to reconsider its role
      744 11 The Gulf crisis has forced a quarrelsome Opec to face reality NYT Gathering just months after one of its members invaded another, the Organisation of Petroleum Exporting Countries managed recently to hold one of its shortest and least quarrelsome meetings in its 30-year
      NYT  -  744 words
    • Article, Illustration
      The sky's the limit, or is it?
      1196 11  -  John Tan reports on the prospects for the aviation industry in the face of higher fuel prices and a fall in the number of long-haul passengers as more people, fearing an outbreak of war in the Gulf, opt to holiday nearer home John
      1,196 words
    • Article
      Lock icon A growth industry in prostheses-making
      854 11 One of the most visible signs of Cambodia's 20 years of conflict are the many thousands of people who have been injured by landmines and who require artificial limbs Reuter A MAN with one leg rides his bicycle down a country road, lifting a pedal
      Reuter  -  854 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      102 11 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      223 12 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word of-mouth. 'v iHn^H For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips Reservations. 330 8310 or 338
      223 words
    • Advertisement
      Page 12 Advertisements Column 2
      242 12 world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge u TPfffpy Hyatt Regency Singapore 10-12 Scoßs R<ud Smjfjpoir 0922 Td ">33 IIHK A Wonderland Of Feasting x As^f^ppP' 24l29o
      242 words
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      Page 12 Advertisements Column 3
      319 12 Go on an International Gourmet Trip! I Dec 90 I |an9l With a gastronomic spread of Cold Appetizers, Salads, Soups. Carvings, Eastern Western Hot Dishes plus Desserts who says you have to travel worldwide for good food? Price: $16++ (Adult) $10++ (Child) Lunch 8, Dmner Plaza Hotel Prices subject to
      319 words
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      Page 12 Advertisements Column 4
      337 12 cJ£bs6afc y "Tfoe 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 flight into
      337 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      747 12 TELEVISION AND RADIO Tx 1-1 E&lSSzT'"* I business on radio I Bf "1 \r IC\ I 7.00 Wild Guoss (Game Show) 7.05 Cable News Network. ggg 39 9 m ||2 n VHF Band II I W 111. IV 7.25 PM A Touch of Spice (Ep 4). 7.3oNews(M) 7.10 Maghrib Prayer
      747 words
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  • LIFESTYLE
    • Article, Illustration
      Tongue-in-cheek treatment of Broadway favourites
      414 13  -  Rahita Elias leaves Friday night's performance of Some Enchanted Evening somewhat disenchanted Rahita Elias A LESSON to be learned about so-called imported theatre productions is, always take the publicity with a pinch of salt. For something billed as "lively, first class" and which had a
      414 words
    • Article, Illustration
      Much black smoke over Bonfire
      1135 13  -  What's two hours long and deals with colour, greed, and the human condition? Tim Golden has the answer. Tim Golden THE gob-spitting little Jewish judge has grown tall, black and rather dignified. He never spits. The slimy British tabloid reporter, while still in theory a
      1,135 words
    • Article
      New Arthur Miller play to premiere in London
      362 13 CHATTERBOX ARTHUR MILLER has written a new play, his first since 1985, and it is to have its premiere in London in September. "The atmosphere is friendlier to plays there than it is here," Mr Miller said on Monday from his home
      362 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      254 13 AND ENTERTAIN A Yen For Fresh Japanese Food. IS l lunch." 11 H|| TO 2.15PM. U: km S DINNER: fc.JCPM TO t £25 a 10.15PM jt IB PRICES SUBJECT f l 9HB 5 TO 10% SERVICE rI C HARC,h AM) 11 #ns m 4% CESS. Unkai flies in fresh ingredients
      254 words
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      Page 13 Advertisements Column 2
      362 13 FESTIVE WINING H'i AND DINING AT Wfa* favw TEE-OFF CAFE Igdj I CHRISTMAS EVE BUFFET DINNER 131 (Adult) $16* (Child under 12) x 1900 hours to 2230 hours CHRISTMAS DAY BUFFET BRUNCH C 9 $28 (Adult) SIS (Child under 12) HH9 1100 hours to 1430 hours I NEW YEARS EVE
      362 words
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  • THE LAW PAGE
    • Article, Illustration
      The boat maker and the French bank
      471 14  -  A legal battle between Vosper and Societe Generale is set to make waves, David Gabriel writes David Gabriel A CASE to be heard in the High Court next month will be closely watched by bankers and lawyers involved in financing law. The case,
      471 words
    • Article
      When a delay can lead to a dismissal
      930 14 CAtt Lee Mun Tuck (Administrator of the Estate of Lee Wai Leng) v Wee Siew Noi. The High Court of the Republic of Singapore. Justice Chao Hick Tin. THE DEFENDANT, Miss Wee Siew Noi, was driving a car belonging to her employer
      930 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      198 14 "A business trip doesn't usually leave me with much room to do anything else. That is, until I discovered the Hyatt Regency Singapore's Two Bay rooms." imm|[i|T -|j ir~p- £1 iSHEI 01 mn! 1 > s2|- ml "-S I flßl :r M ijfc ■Ljm 5jL 19 1 Doing business at
      198 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Grand Slam organisers confident of success
      643 15 AP ORGANISERS are confident that the much criticised Grand Slam Cup, the richest tennis tournament ever, will develop into a major event drawing all the top players in the world. The players seemed to like it, although many said they regarded it as little
      AP  -  643 words
    • Article, Illustration
      Lock icon Downhearted Ballesteros once considered retirement
      364 15 AFP SPANISH star Severiano Ballesteros has admitted at the end of his worst year since establishing himself that he has considered giving up golf. The Baleares Open in Majorca, Spain, in March was the single international tournament win of a disappointing season for Ballesteros, down
      AFP  -  364 words
    • SIDE LINES
      • Article
        Eleven US cities apply for World Cup events
        84 15 ELEVEN US cities have filed early applications to take part in the 1994 World Cup. The World Cup Organising Committee announced on Monday that the 11 communities sent in a total of US$4OO,OOO in deposits along with their applications. Some 32 communities
        84 words
      • Article
        Norman's right on top
        94 15 AUSTRALIAN Greg Norman finished the year where he started on top of the world golf rankings. Norman, who did not win a major tournament in 1990, held on by the skin of his teeth after finishing higher than Nick Faldo of Britain in the last two
        94 words
      • Article
        Lineker's the 'fairest'
        73 15 ENGLAND soccer captain Gary Lineker has won Fifa's annual fair play award. In announcing the award and a prize of U5533,000 on Monday, soccer's world governing body said Lineker, 30, had never been sent off in his professional career. "Gary Lineker is, in the eyes of Fifa,
        73 words
      • Article
        Sailing for France
        103 15 A FRENCH yacht contending for the 1992 America's Cup will be financed by and named after the city of Paris. Officials in the French capital said on Monday that under an agreement signed last week by Mayor Jacques Chirac and the French challenge team, the boat will
        103 words
      • Article
        Pringle leads NZ victory
        103 15 PACE bowler Chris Pringle bowled a maiden final over and had Bruce Reid run out off the final ball to lead New Zealand to a one-run victory over Australia in a World Series Cup one-day cricket match in Hobart yesterday. Australia, which had lost nine wickets,
        103 words
      • Article
        Perez retains WBC title
        92 15 RAUL PEREZ retained his World Boxing Council bantamweight title for the seventh time on Monday when he knocked out his Mexican compatriot Candelario Carmona in the eighth round of a scheduled 12-round bout in Mexico. Perez floored Carmona with a left hand. Carmona, rated the No
        92 words
    • Article, Illustration
      Lock icon A year of shocks, surprises and scandals
      834 16 Reuter MIKE TYSON was dethroned by an outsider, a 38-year-old semi-retired African footballer set the World Cu£ alight and East Germany pimply ceased to exist. Jn a year of sporting surprises, bickering and controversy, James "Buster" Dotiglas knocked out the undefeated Tyson. lloger
      Reuter  -  834 words
    • Article, Illustration
      Lock icon All-star cast turns out to honour Shilton
      378 16 AFP BOBBY MOORE, captain of England's 1966 World Cup winning side, headed an all-star football cast which went on parade in honour of Peter Shilton in London yesterday. The former West Ham star was more anxious to come out of retirement and pay
      AFP  -  378 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      572 15 A Specially Convened Marketplace You Cannot Afford To Miss POTENTIALS BT THE MILLIONS A Hoi on the heels ol Beai Eslate 90 Singapore s Brst sucoes»tul mler *«al ErtS*» 91 will be a worthy sequel thai buSdi on succms national exhibition on mu! estate SEAL ESTATE 91 will be much
      572 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      319 16 statistics tram the I National Momi-Momi. Ministry of Health indicate Th ftlinffpr that stress-induced diseases (like heart disease) iricioaiigc Luungci. have risen to 121 per 100,000 in 1988. Using the principle of the Oriental 'finger pressure' massage, the Momi-Momi Massage Lounger helps relieve Symptoms of stress. muscle stiffness and fatigue
      319 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      128 17 j| B* An embodiment of exceedingly far-sighted engineering, the most thoughtful luxury, and the exquisitely timeless in design The Mercedes-Benz 200E More than just the stuff that dreams are made of f: t-i -■>' ft i > t I :*<• v :> I. -4 -V > -V 1 > 1
      128 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1081 18 City Flight ETA Flight ETD Um Dfcabi GA895 1225 Welaide QF81 2010 QF82 2115 SQ227 2200 Imiterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 thews OA71 0015 N225 1825 NZ28 1950 SQ388 2030 hlp)M GA524 1150 Bandar Seri SQ182 0915 BcfMM SQ18I 1410 Bangkok QF72
      1,081 words
    • Article, Illustration
      Yugoslav signposts for travellers
      651 18  -  LETTER FROM BELGRADE By Judy Dempsey, Laura Silber Yugoslavia is a challenge for any visitor. The rich diversity of languages Hungarian, SerboCroatia, Slovene, Albanian, Turkish, Macedonian, Bulgarian may bewilder the first-time traveller to the country. The two alphabets, Latin and Cyrillic, depending on the republic, will
      651 words
    • Article
      MONEY CHANGER RATES
      150 18 As at 3pm yesterday: Ijocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3150 1.3450 Canadian dollar 1.4120 1.4920 NZ dollar 1.010 1.0500 Sterling pound 3.3090 3.3390 US dollar 1.7180 1.7280 I>ocal dollars to 100 units of foreign currency Austrian schilling 16.20 17.00
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    • Article
      WORLD TRADE EXHIBITIONS
      106 18 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Jan 16-20 Tourism Netherlands Koninklijke (31)30/*****1 Feb 4-9 International Netherlands Koninklije <3l)30T9559l 1 Recreation Fair Nedeiiandse Building Nederlandse Jaarbeurs Construction Jaarbeurs Exhibition Jan 19-27 International Germany StuUgarter <46)711/258-W) International Valencia, Fena Muestrano ********** Exhibit ion For Toy
      106 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      60 18 /.el'- 1 I# ■iRiP l|B Bf ;1 f ':1 I M B| V I I mfl ~^H I I I I 1 t > Sfcf* I v V;>l"'ft %W lIP v" ll■ B m I I IK. $1 i 111 iipn ¥v jpis IBr^Si •^^^H v Biif piPr I I
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  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      272 18 7 Learn nothing of an Irish county (9) P I I J II I I 8 Appeal to the umpire with H some hesitation JH :io Hero took star athletes 41 A convenience sought by IH house purchasers? (6) 12 Hereditary endowment for 13 No as a cashier Montparnasse nm
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    • Miscellaneous
      Page 18 Miscellaneous Column 2
      210 18 Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 31.3* C Assoc humidity 69% Minimum temperature 24.4* C Assoc humidity 96% Hours of sunshine 6.65 Rainfall in mm 3.4 Rainfall this month 199.0 Rainy days this month 13 World report Asia-Pacific Hi/I.o* Cond. Auckland 24/16 Fair Bangkok
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    • Miscellaneous
      Page 18 Miscellaneous Column 3
      52 18 rv£CP*U£D to Pick I l it's f\ Roe>iK oni U3&LL.,UJCLJL SftrnPSON) r^ S NVs P cMf?w D€Pic.T.NG Of Sfttes... WMPiT-SJ7 cftRD ®H-m uTfts SSSg^touND r DesiGKeD BY_Lf»oy I thc rue. (fiS^'lSr' A CHesrcx-peRRV, \b-rpR Awn I VfceotfTAflT.. L r l J Ui»FC.OP BeL0V£0)l KiUGS a FiRPTS RDONDeX D'STANCG..../ ©Eveninq Standard
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      307 19 THE NEW CRESSIDA LUXURY WITHOUT THE PENALTY «.<9 A >10 .w w ■Mt l«Wi: II Hi A?ik.*- I c■ ~^i QHlB^^g9S9K«r M>^^S FINANCIAL H CONTROLLER DIRECTOR ||g^S|j| The best cars in the world exist on the very thin line |\|T"RO DU CI l\l G CAR TH /\T n tSlatest manifestation
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market edges up on buying in the afternoon
      4554 20  -  By William Chia LATE bargain hunting caused share prices on the Singapore stock market to close slightly higher after early weakness yesterday and sharp falls on Monday. Brokers said some bargain hunters were encouraged to return in the afternoon by a higher
      4,554 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4070 21 Main Board SPH Foreign 950 K30 +3 3% Straits Trading 264 H6 f6.5% Keppel Corpn 545 +15 +2.8% Metro Hldgs 478 fl2 +2 6% SIA Foreign 1330 +10 +0.8% DBS Foreign 1060 f 10 +10% UOB 580 +10 f 18% IsetanSO* 525 10 +19% Robinson
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  • BT SHARE INFORMATION SERVICE
    • Article
      RECORD HIGHS & LOWS
      142 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 Mr flfi/7/Qfli 1990 hifh: 1607.12 27/3/90) 1«0 tof ***** <0911/2 1990 1079 50 < n 10/9<)) ShSi 13?? 00 52/52 1989 1487 76 < 26/12/89) S5f E*2 f 1989 Iw: 1030 69 4/1/89) 98**1 Iftlm i/J/S 1988 hifh: *****7 (8/8/88)
      142 words
    • Article
      PROPOSED ISSUES
      337 22 Company Rights Issue Alcorn One tor two <<>. MJ1 00 per share Issue o» *0m Cumulative Redeemable Preference Stores of MJO 10 each at MSI per share with lOro detachable TSR BoRon One tor tour ft. M$.' I fACB Caprti Reduction Scheme to reduce par value of shares
      337 words
    • Article
      AUDITED RESULTS
      268 22 Company Date Year Group Net Net earnings Gross m> to profit/loss (L) per share dividend (000) (cents) Cerebos Dec 14 Jul 90 S38.911 (S33.777) 12 6111 3a) 20IEa(9TEa) l&M Dec 13 tun $1.418($452) 4 3(1 5) 2(1) Wing Tai Dec 11 Jun 90 $9 4S8($19.684 > 5 4(12
      268 words
    • Article
      PRELIMINARY RESULTS
      156 22 Company Date Year Group pre-tax Met earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Asia Pacific Dec 14 Sep 90 $95,585(1101.188) 46 8(57 9) 38 6(35.5) FAN Dec 14 Sep 90 $141,941 ($155,014 30 1(35 6) 179(179) fahnco Hldgs Dec 11 Jun 90 $835($5,355l) 0
      156 words
    • Article
      INTERIM RESULTS
      320 22 Company Data Half-year Groap pro-tax I at •rim ami to profit/los» (L) dhridond (•000) Rashid Hussain Dec 17 Nov 90 M$21.004(110.862) -<-) Set Dredg Dec 17 Sep 90 M52,547(51,881) Kim Eng Oec 14 Sep 90 $6,013(58.526) Choc Products Dec 10 Sep 90 MJ1.80KS1.180) OAF Ltd Dec 8 Sep
      320 words
    • Article
      CORPORATE DEVELOPMENTS
      268 22 Dec 17 JM Sassoon Company has set up a representative office in Kuala Lumpur while Kim Eng Holdings has taken a 30% stake in Penang based Yusoff Chan Malayan United Industries has acquired a 31% stake in Heritage USA. a large theme park and resort in the United
      268 words
    • Article
      DIVIDENDS ANNOUNCED
      804 22 Current Ex Books Date Total for Total for payment date dose payable the year last year MSB 10%(b) Jan 4 ten 18 Ian 28 10% 12% AMFP NYA Dec 14 ten 3 Feb 15 NYA 2 8% Amal Steel 12 61(b) Nov 29 Dec 13 ten 21 126%
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    • Article
      RESULTS DUE
      835 22 Singapore Stocks Last Full Year Company Period Oat* Year Net EPS Grow Net ******ed end*i| (ccnts) d* proW last year (S 000) Leong faat Interim Mar 30 Dec 89 5351(h) Sport Land Fmal Nov 3 90 64(a) 75(a) 15.842 CMB Pjrtjpn Interim Nov 13 Dec 90 29 7
      835 words
    • Article
      APPROVED ISSUES
      278 22 Company Rights Issue Cauuway to* Three-tor-tour 4, JO 60 per share Ex-date Dec 10 Books dose Dec 20 Acceptance Payment NYA CMM Five-tor tour <g, W 00 per share Ei-date Nov 23 Books dose Dec 7 Acceptance Payment ton 22 Emtei One-far-one M$1 00 per share Ex4ate Nov
      278 words
    • Article
      BONDS, LOANS & WARRANTS
      760 22 BONDS, LOANS WARRANTS Company Coir version ported Cowvorslow torm for ono oriwy share CtC Nt Before 26/4 93 1 warrant plus S3 09 cash Causeway Loin Causeway Nt 2/10 89 to 20/10/94 1 warrant plus $1 cash or 1 warrant plus SI nominal amount of loan stock Chan fi*i Notes
      760 words
    • Article
      COMPANY MEETINGS
      268 22 Amtek Engineering Ltd: 10th AGM EGW at the Meridien Room. Hotel Equatorial Pte Ltd, 429 Bukit Timah Road, Singapore 1025 on Friday, Dec 21. at 2.30pm. City Developments Ltd: EGM at 16 Raffles Quay #26-00, Hong Leong Building. Singapore 0104 on Friday, Dec 21, at 11.30 am Material
      268 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      170 22 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! renew your subscription this December, and you w receive a subscribers only) .-.-V wjsg y WPj jj^ 1 1 1 i Subscription rates: 12 issues ot Singapore Business Ss4tt.OO *East Malaysia 5592.00 (Registered second class 'Overseas 5585.00
      170 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end mixed as late buying trims losses
      3939 23 Bernama SHARE PRICES closed mixed in moderate and selective trading on the Kuala Lumpur Stock Exchange yesterday following some late buying which helped prices finish above the day's lows. The KLSE Composite Index slipped 2.23 points to 498.08 while the Industrial Index
      Bernama  -  3,939 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      156 23 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      156 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices rebound on strong institutional buying
      2014 24 AFP SHARE PRICES yesterday rebounded on the local market on strong institutional buying following Monday's sharp plunge, with the Hang Seng Index gaining 14.73 points or 0.48 per cent to 3,066.65. Turnover, however, dropped to HK$6Bl million (US$B7 million), against Monday's HKS694 million (US$B9
      AFP  -  2,014 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks at a standstill as investors remain jittery
      2461 25 Reuter TOKYO STOCKS yesterday closed higher after a day of thin and featureless trade, propped up mainly by index-linked buying. Expectations of lower domestic interest rates lent support even though investors are jittery over the US-Iraq deadlock over holding talks on the
      Reuter  -  2,461 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      155 25 THE GROWTH TRIANGLE A Special Business Times Survey February 26, 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 25 Advertisements Column 2
      345 25 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOTEC (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at' Yokohama Bashamichi Building 4-55, Ohta-Cho, Naka-Ku, Yokohama
      345 words
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      Page 25 Advertisements Column 3
      346 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF TULON SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at ***** South Broadway, Garden a, California *****, U
      346 words
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      Page 25 Advertisements Column 4
      320 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PATVINCE COMPANY (PTE)LTD At an Extraordinary General Meeting of the Company held on Friday. 14 December 1990 atTangkn Hill. Singapore 1024, the following resolutions were passed SPECIAL RESOLUTION WINDING-UP That Patvince Company (Re) Ltd be wound
      320 words
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      Page 25 Advertisements Column 5
      270 25 In the Matter of The Companies Act Cap 50 and It the Matter of TAICHING TRADING (PTE) LTD (In Members Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court #04-15, Singapore 0617 on Tuesday, the 18th day o< December, 1990
      270 words
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      Page 25 Advertisements Column 6
      182 25 SUKURAYA TRADING (S) PRIVATE LIMITED (In Member*' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap. 50 the Final Meeting of the Company will be held on the 21 st day of January 1991 at 11am at 16 KaHang
      182 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks lowest since March 1988
      • Article
        SYDNEY
        992 26 C ONCERN about the domestic economy, weak commodity prices and the chances of a Gulf war pushed the Australian share market to its lowest close in more than two-and-a-half years yesterday. Brokers also said the slow delivery of the latest monetary policy easing, which had been expected for the
        992 words
      • Article
        TAIPEI
        364 26 THE TAIWAN stock index yesterday closed below the 4,000-point level for the first time in a month as investors continued to sell on Gulf fears. The weighted index lost 183.01 points, or 4.46 per cent, to close at 3.919.73 compared with Monday's 4.102.74 finish. Turnover was NTX33.B billion against
        364 words
      • Article
        SEOUL
        816 26 SEOUL STOCKS rose slightly yesterday after fluctuating in a narrow band, and brokers said institutional investors and the stock stabilisation fund intervened to try to support the 700 level. The Composite stock index ended the day at 706.08, up 0.04 point from the previous session. Turnover was still light
        816 words
      • Article
        NEW ZEALAND
        343 26 NEW ZEALAND shares drifted lower in very thin trade yesterday ahead of the Christmas holidays and in anticipation of today's economic data. But brokers do not expect much reaction to the package. "Local institutions have been sitting on their hands, waiting on the economic statement," said Tim Snedden
        343 words
      • Article
        MANILA
        531 26 PHILIPPINE SHARES slid yesterday as trading weakened further for the second successive day on a lack of support and profit-taking in oils. The Manila Stock Exchange composite index closed 18.83 points lower at 655.62. Sellers of oil shares continued to cash in on last week's gains brought on by
        531 words
      • Article
        BOMBAY
        122 26 BOMBAY SHARE prices fell sharply yesterday after the government raised excise and import duties. The government on Monday increased excise duty on synthetic fibres and import duty on metals to raise 13.4 billion rupees. "The duty increase took the market by surprise and there was panic," said broker Anil
        122 words
      • Article
        Untitled
        1598 26 Close Previous Dec 18 SYDNEY All Ordinaries Index 1,283.6 1,295.7 -12.1 All Industrials Index 1,962.4 1,977.1 -14.7 All Resources Index 761.5 771.1 -9.6 Turnover (million) 66.85 57.41 +9.44 BANGKOK SET Index 619 04 621.9 -2 86 Turnover (million) JAKARTA Composite Index 395.21 MANILA Composite Index 655.62 674.45 -18.83 Turnover (million)
        1,598 words
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  • Markets defensive as Jan 15 draws near
    • Article, Illustration
      NEW YORK
      985 27 AMERICAN STOCKS plodded through the slowest day of trading in nearly three weeks, the US dollar inched higher and bonds barely moved on Monday as traders awaited news on the Mideast crisis. The Dow Jones Industrial Average ended nearly unchanged, losing 0.49 to close at 2,593.32. In the
      985 words
    • Article, Illustration
      LONDON
      1049 27 BRITISH SHARES dipped in late trading on Monday in response to a retreat on Wall Street. "Wall Street is coming in easier on higher oil prices and a weaker dollar," said one dealer. "The US is lurehing towards recession and this is reflected in sentiment here." Dealers said the
      1,049 words
    • Article
      AMSTERDAM
      272 27 DUTCH SHARES were mixed to firmer in lethargic midday trading yesterday as selected issues regained some of the ground they lost on Monday. At 1230 GMT, the CBS tendency index was up 0.2 point at 95.9. The index took a fall of 1.6 points on Monday. Dealers said investors
      272 words
    • Article
      ZURICH
      331 27 SWISS SHARES traded steady with a firmer bias at midsession yesterday. Dealers said volume was very light ahead of the year's end. because those investors who were still active preferred the money market to shares. The allshare SPI index added 1.4 point to 913.3, while the SMI index of
      331 words
    • Article
      PARIS
      245 27 FRENCH SHARE priccs drifted down in thin trade, with even yesterday's end of the Bourse account failing to goad the market into action and the backdrop of Gulf developments depressing sentiment. The CAC-40 index stood 9.85 points lower at 1.596.38 by 1132 GMT after starting 3.47 points down at
      245 words
    • Article
      FRANKFURT
      256 27 GERMAN SHARE prices edged slightly higher yesterday midday in what traders described as a technical reaction to Monday's 3.1 per cent price plunge. But they said trade was very thin, held down by year-end factors and disappointment after Monday's unexpectedly large fall. Dealers saw little chance of a significant
      256 words
    • Article
      MILAN
      162 27 ITALIAN SHARE prices made steadier start yesterday after Monday sharp falls but the market was still higi,ly nervous. The MIB all-share index was dov>: 0.4 per cent at 1000 GMT after W u Street closed little changed on Monday night, giving some respite to market', following a day in
      162 words
    • Article
      BRUSSELS
      189 27 BELGIAN SHARES opened mainl> lower in thin volume yesterday in spit of the start of a new trading account. The main Forward Market index feu--0.2 per cent. Dealers said investors were reluctant to take positions in the last trading account for the year. "There won't he many transactions because
      189 words
    • Article
      STOCKHOLM
      118 27 PRICES on the Stockholm bourse fell further yesterday in moderate early trade marked by uncertainty over the Gulf crisis and Sweden's wobbling economy. By mid-morning, the General Index had lost 0.65 per cent to 863.79 in turnover of 101 million crowns. Blue chips were 0.1 per cent lower on
      118 words
    • Article
      Untitled
      535 27 IXv 17 (W Plfl HMIS f/NEW YORK Dow Junes 2.j''J.32 -O 4'> NYSE Financial ll l > 7 '< I209J -1.14 S&l'500 326.02 *26 X2 -0.H0 Turnover (million) I50HK 160 0 -912 LONDON Financial Times 30 1 .#»*♦*> 1.7012 -110 FTSE 100 2.157.9 2.I6K4 -10 3 Turnover (milium! 324 1
      535 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      D-mark opens firmer against US$, sterling in Frankfurt trade
      1229 28 REPORTS 1 HE DEUTSCHEMARK opened .lightly firmer against the US dollar and sterling in Frankfurt yesterday, but marginally weaker against the yen in year-end trade. The mark opened at 1.4855 to the US dollar after closing at 1.4865 on Monday but
      1,229 words
    • Article
      INTERBANK FOREX RATES
      383 28 Cross rates d«is USS S$ MS Dm Yen SFr AS NZS USS 1.7180 2.7005 1.4850 133.00 0.5177 1.2725 1.3080 1.6892 SS 0.5821 1.5719 0.8644 0.7742 0.3014 0.7407 0.7614 0.9832 VIS 0.3703 63.62 0.5499 0.4925 0.1917 0.4712 0.4844 0.6255 Dm 0.6734 1.1569 1.8185 89.56 0.3486 0.8569 0.8808 1.1375
      383 words
    • Article
      MONEY MARKET
      567 28 Interbank rates S$ Bid Offer Overnight 4 4 1/4 1-month 5 1/4 5 3/8 2-month 5 3/8 5 1/2 3-month 5 7/16 5 9/16 Overnight mode: 4-7/8 ISS Bid Offer 7 days 7 7/16 7 9/16 1 month 8 3/8 8 1/2 2 months 8 1/16 8 3/16
      567 words
    • Article
      Lock icon Japanese ministry rules out imminent rate cut
      392 28 AFP JAPAN'S Finance Ministry has ruled out any immediate cut in interest rates barring a major change in economic conditions. "If there is fundamental change in the economic situation. it is quite normal that monetary policy adapts itself," Vice Minister of Finance for
      AFP  -  392 words
    • Article
      FINANCIAL FUTURES
      1163 28 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Mar 91 92.71 91 71 92.68 92.68 6000 f6727 7724 Jun 91 92.82 92.83 92.80 92.80 2500 9310 1211 Sep 91 92.75 92.76 92.72 92.72 1200 3174 382 Dec 91 92.43 92.43 92.39 92.39 110 3545 172 Mar
      1,163 words
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  • COMMODITIES
    • Article
      Lock icon Japanese demand will limit a gold price fall: dealers
      393 29 Reuter GOLD PRICES will drop if there is a peaceful settlement of the Gulf crisis but Japanese bargain-hunters will quickly limit the fall, Tokyo precious metals dealers and analysts said. "Many dealers are afraid gold will plummet when the Gulf situation
      Reuter  -  393 words
    • Article
      Lock icon Lead, zinc output rises but at a slower pace
      329 29 AFP WESTERN world mine production of lead and zinc grew significantly in the first 10 months of 1990, but the rate of growth of production seems to be slowing. According to data collected by the International Lead and Zinc Study Group
      AFP  -  329 words
    • Article
      HK gold ends lower in absence of clear trend
      857 29 REPORTS HONGKONG: Gold closed lower in thin trade on light overseas selling on a lack of news, dealers said. "Overseas selling interest was triggered when there was no major breakthrough from the Gulf," a local dealer said. "Traders preferred to square
      857 words
  • Article
    PRICES
    1400 29 Rubber Dec 18 MS (M> hi bait*) S cents/kg Noon Close Int 1 RSS Prompt 150.75/151.75N 150.75/151.75 Int 1 RSS Jan 91 150.00/150.50 150.00/150.50N Int 1 RSS Feb 150.50/151.00 150.50/151. OON Int 2 RSS OP 147.50/149.50N 147.50/149 50N Int 3 RSS OP 142.50/144 50N 142.50/144. SON Int 4 RSS
    1,400 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      7 29 Executive Jobs every Saturday in Business Times
      7 words
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      Page 29 Advertisements Column 2
      708 29 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PEK SENG COMPANY PTE LTD (In Membere' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 108 Middle Road *08-02 Bright Chambers
      708 words
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      Page 29 Advertisements Column 3
      790 29 iN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF TELECITY CO-I PTE LTD. (In Membera' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at Maastrichterstraat 63. B 3500 Hasselt, Belgium, on the
      790 words
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  • Article
    Lock icon US banks facing serious problems: House study
    446 30 Authors say fund that insures deposits is insolvent Reuter AMERICAN banks face problems on a scale not seen since the Great Depression of the 1930s and the government fund that insures their deposits is insolvent, a US House of Representatives subcommittee has been
    Reuter  -  446 words
  • Article, Illustration
    Lock icon Delors hits out at backsliders on union
    414 30 AFP EUROPEAN Commission president Jacques Delors has accused Germany, the Netherlands, Spain and France of backsliding on the issue of European economic and monetary union. In an interview with the Financial Times, published yesterday, he said: "I am no longer sure that Britain
    AFP  -  414 words
  • Article
    Lock icon Indon minister makes constituency system proposal
    253 30 AEP A SENIOR Indonesian minister has proposed replacing proportional representation with a constituency system in the 1997 general elections so as to allow greater regional autonomy. The Merita Huana daily yesterday quoted Population and Environment Affairs Minister Emil Salim as telling an army seminar
    AEP  -  253 words
  • Article
    Lock icon Humanitarian aid is not enough, USSR tells West
    250 30 Reuter THE Soviet ambassador to Japan urged the West to supply emergency economic aid to avert economic disaster, saying humanitarian aid is not enough. "Humanitarian aid alone cannot solve the overall problems faced by the Soviet Union," Mr Ludvig Chizhov told a
    Reuter  -  250 words
  • Article, Illustration
    Lock icon US not against EC-Iraq meeting
    508 30 The Gulf Crisis Agencies UNITED STATES Secretary of State James Baker, having sccurcd Nato's commitment to shun any bid by Saddam Hussein for a partial pullout from Kuwait, said yesterday that he would not object if European leaders were to meet Iraqis on the crisis.
    Agencies  -  508 words
  • Article
    Lock icon Viet airline open to private investment
    129 30 AFP VIETNAM has authorised the opening of a second airline which will be open to private-sector investment. The Vietnam News Agency (VNA) said yesterday that the new airline, to be linked with the national carrier Vietnam Airlines and based in Ho Chi Minh City,
    AFP  -  129 words
  • Article
    Lock icon Riyadh stops all exports of jet fuel and diesel oil
    228 30 Reuter SAUDI ARABIA has stopped all jet fuel and diesel oil exports to boost military stocks before the United Nations' Jan 15 deadline for Iraq to quit Kuwait. Gulf-based oil traders said yesterday that the Saudi government had instructed the
    Reuter  -  228 words
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  • Shipping Times
    • Article, Illustration
      Hapag-Lloyd sees Asia, Europe trade as main source of business
      422 31  -  By Dexter Lee GREATER TRADE within Asia as well as between Asia and Europe will be the main sources of business for Germany's largest shipping line Hapag-Lloyd next year. Already, the intra-Asia market has grown larger than that between Asia
      422 words
    • Article
      Lock icon NBC News, Nippon TV in joint venture
      178 31 AP THE NEWS division of the US television network NBC and Nippon Television Network have agreed on a joint newsgathering venture that marked the third agreement this year between US and Japanese broadcasters. NBC News will have exclusive US rights to all Japanese
      AP  -  178 words
    • Article, Illustration
      Collapsible containers may help ease congestion at box ports
      454 31  -  By Selva Kumar COLLAPSIBLE containers may be the future solution to alleviate congestion in container ports around the world, including Singapore. After three years, Austra-lia-based Magnatek International has developed the prototype of a 20-foot collapsible container which recently passed tests witnessed
      454 words
    • Article
      IMC to merge public, private shipping interests
      277 31 HONGKONG-BASED International Maritime Carriers (IMC) is planning to merge its public and private shipping interests. Chairman Frank Tsao was quoted by the South China Morning Post as saying that while the shipping-to-proper-ty conglomerate was gradually reducing its private shipping assets, it was waiting
      277 words
    • Article
      Lock icon Kansai denies tender procedures were unfair
      278 31 Reuter THE HEAD of a company building a multi-billion dollar airport in western Japan on Monday rejected US criticism of tender procedures that led to a Japanese joint venture winning a contract to build a passenger conveyor system. "We have carefully reviewed the people
      Reuter  -  278 words
    • NEWS SUMMARY
      • Article, Illustration
        BA keeps a wary eye on the Americans
        57 31 SIR COLIN Marshall, chief executive of British Airways, is very much concerned about the pending deals by American Airlines to buy seven routes between the US and London from ailing Trans World Airlines and by United Airlines to buy five others from
        57 words
      • Article
        Seeking Hubs in Brussels and Berlin
        37 31 BRITISH Airways, concerned about the likelihood of stronger competition in its North Atlantic business, is battling to establish two big hubs on the European continent: in Brussels and Berlin Page 2
        37 words
      • Article
        Hoping to fly to Heathrow
        37 31 THE United States' two largest airlines, American and United, are perched to battle over the Atlantic but first must persuade the British to let them fly to London's favourite airport Back Page
        37 words
      • Article
        Captain blamed for oil spill
        53 31 THE TANKER World Prodigy, which spilled hundreds of thousands of gallons of oil into the mouth of Narragansett Bay in June 1989, was not under the control of any of her officers for several minutes before she ran aground, the US National Transportation Safety Board
        53 words
      • Article
        Zenith, AT&T claim HDTV advance
        38 31 ZENITH Electronics Corp and the American Telephone and Telegraph Co said they are developing an all-digital high-def-inition television system that solves fundamental problems associated with 'simulcasts' of HDTV and conventional signals Back Page
        38 words
    • Article
      US airlines stop promoting Thai destinations
      413 31 AMERICAN AIRLINES have ceased to promote Thailand as a travelling destination in view of the uncertainty over the Thai-US aviation agreement, industry observers said. "The airlines in the US cannot promote Thailand, not until there is a solution to the bilateral aviation issue," said
      413 words
    • LOG BOOK
      • Article
        Cargo handling course from Computer Lord
        60 32 COMPUTER Lord Industrial Training Centre is organising a cargo handling and shipping course from Jan 7 next year. Course contents include marine insurance, ship classification, cargo handling, international shipping and trade documentation, shipping law, air-cargo shipping, banking and Tradenet. Half of the $448 course
        60 words
      • Article
        Japan plans to sell NTT shares
        48 32 THE Japanese government plans to sell about 500,000 shares of telecommunications giant Nippon Telegraph and Telephone Corp (NTT) annually over the next five fiscal years, or about 2.5 million altogether. The government will keep the rest of the 5.2 million NTT shares.
        48 words
      • Article
        Midway offering bonus flight
        63 32 MIDWAY AIRLINES has joined other carriers in enhancing its frequent flyer programme by offering a free ticket for flying three round trips or eight flight segments. To qualify, travel must take place between Dec 15 and March 15 for members enrolled on or after Dec 15.
        63 words
      • Article
        Racal to take 10pc stake
        98 32 RACAL TELECOM, the 80 per cent held mobile telecommunications unit of Racal Electronics, said it would take a 10 per cent stake in a Swedish company which will operate a mobile phone network in Sweden. The new firm, which has yet to be named, will
        98 words
      • Article
        MHI's new refrigeration unit
        59 32 MITSUBISHI Heavy Industries, of Japan said it has developed a computerised refrigeration unit with the world's largest refrigeration capacity for large-sized marine cargo containers. The refrigerator is equipped with a temperature control unit using a 16-bit microcomputer and, a set of compressor, heat exchanger and blower
        59 words
      • Article
        Toyota sees rise in exports
        49 32 JAPAN'S top car maker Toyota Motor Corp said it has projected 1.78 million car exports for 1991, up 6 per cent over the current year. The Nagoya-based company estimated its 1990 exports at 1.68 million units, up one per cent over the preceding year.
        49 words
      • Article
        Honda receives award
        59 32 SOICHIRO HONDA, founder of Honda Motor Co, has received an award "Medaille dor de la Fia" from the International Automobile Federation for his distinguished service to Formula One racing over the past three decades. The Tokyo-based major automobile manufacturer and the world's largest motorcycle maker has won
        59 words
    • Article, Illustration
      Lock icon Bidding for hubs in Brussels and Berlin
      387 32 NYT BRITISH Airways, concerned about the likelihood of stronger competition in its North Atlantic business, is also battling to establish two big hubs on the European continent: in Brussels and Berlin. It needs the new hubs if it is to take full advantage
      NYT  -  387 words
    • Article, Illustration
      Lock icon Keeping a wary eye on the big American airlines
      1717 32  -  Steven Prokesch speaks to British Airways' chiei executive Sir Colin Marshall and finds out what's troubling the executives at Western Europe's largest carrier Steven Prokesch NYT FROM the way Sir Colin Marshall, chief executive of British Airways, talks about the New
      NYT  -  1,717 words
    • Article
      WEEKLY FREIGHTS
      688 32 THE STRONG recent trend in the dry cargo market eased over the past week, as the agreement on US aid to the Soviet Union for food purchases did not match expectations in terms of volume, brokers said. The Baltic International Freight Futures (BIFFEX)'s Baltic Freight Index Finished the
      688 words
    • Article
      THE SHIPPING GUIDE
      13099 40 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
      13,099 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        626 47 Vn* Voy No Berth Amv* D*Mrti*« Vwsd Voy *> B«rth D p t wharves El Bouk 3/90A P4B 1812/2359 20 12/2300 tovSllg *****- K32 atoresde 1812/1400 Mahap 10-90 P?B 1812/1800 20 12/0600 SIT 03 K29 Mfc 19 12/0500 Mahaka ***** P2D 1912/0800 19.12/1800 Marchioness 78NAV2 K34 atongs*
        626 words
      • Article
        CONTAINER SCHEDULE
        1295 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookri/Balance Slip Voy No Etb/Btr Period From To From Sh^p m. ?6A 20/1500 1 18/1500 18/1659 18/1900 Ocean J 3 19/0700 19/1159 19/1400 4 19/1200 19/1159 19/1700 m 7A 20/0700 2 18/1700 19/0659 19/0900 Okunw. Lote 7A 3 19/0700
        1,295 words
      • Article
        IN MALAYSIAN PORTS
        379 47 Port Klang Berth at South Port on Dec 18: 1: ml; 2: Sutra. 3: Alioth SS; 4: Berjasa: 5; ml; 6: Tay Do; 7: Swee Long Satu; 7A: Likas Venture: J.Shetl: Choon Hong III KCT: 8: Ocean Sinus, Bunga Seroia; 9: Prof Tovstvkh; 10: Kota Paniang. North
        379 words
    • Article
      DAILY FREIGHTS
      1107 47 CHARTERING on the dry cargo freight r market on Monday was routine with little I business of note, but brokers said there was I talk the US Gulf to Europe grain run had ti been fixed at an easier rate. c The talk suggested a 63.000-tonne vessel had
      1,107 words
    • Article, Illustration
      Lock icon Talks this week on whether United, American can fly to Heathrow
      404 48 AP THE United States' two largest airlines, American and United, are perched to battle over the Atlantic but first must persuade the British to let them fly to London's favourite airport. The two carriers are racing to becoming superpowers
      AP  -  404 words
    • Article
      Lock icon Captain blamed for oil spill off Rhode Island
      292 48 NYT THE TANKER World Prodigy, which spilled hundreds of thousands of gallons of oil into the mouth of Narragansett Bay in June 1989, was not under the control of any of her officers for several minutes before she ran aground, the US
      NYT  -  292 words
    • Article
      Lock icon Zenith and AT&T claim advance in high-definition TV
      247 48 AP ZENITH Electronics Corp and the American Telephone and Telegraph Co said on Monday they are developing an all-digital high-definition television system that solves fundamental problems associated with "simulcasts" of HDTV and conventional signals. The system, an improvement over a partially digital
      AP  -  247 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      104 31 ITTfI UNITED I EilO LEASING A SERVICES PTE LTD Call Te1:471 3033 ANRO initiated the first regular container shipping service between gfe Australia and South-East Asia back ■I Wj wW In the 13 years since, we've Meanwhile. ANRO has grown to m/mm I ygm fe iiplM A A become the
      104 words
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      Page 31 Advertisements Column 2
      28 31 Container Schedule 17 Darfy FragMs 17 Into to Advertisers 3 SNpp*ng Guide 10,11 SNps tn Port 17 Singapore Tides 17 Weekly Fraghts 2 Weather and Sea Conditions 17
      28 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      54 32 > Wwff' |p]P| TECHIMPORT ENGINEERS (S) PTE LTD |@r|g 336 Smith Street, #06-303 New Bridge Centre, Singapore 0105 TEL: 222 6898 FAX: 222 9596 HEAVYLIFT SUBMERSIBLE BARGE N TUG Departing Singapore for North Sea End December/Early January. Interested in any heavylift transportation or dry tow to North Sea Port range.
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      18 32 'till AT WW A A f xtmtimm ww JEIJEVJEwB^ AND WHEN IN THE MARKET Every Thursday... ADVERTISING MARKETING
      18 words
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      2108 33 IAMNNE SMIPfMSTMXNaES 411lf# 200 Cantonment Road #12 OS Southpomt Singapore 0208 mlllfr t«i 221®n telex no rs ***** W WMllim TERMINAL CFS Tel *****18 220 y *m. 7m I^DAflnfl 7 BOOKINGS W *****34 235 \MrW 'J *€SAKA SHIPPING AGENCIES PORT KELANG TEL: *****18 TELEX NO MA***** MA***** WMHI PENANG TEL
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      Page 33 Advertisements Column 2
      1300 33 INDEX TO ADVERTISERS Page Col P*«« Cd A •Lloyd Tncslino 4 1/2 Lucky Seaway IS 3 ABC Containeriinc 13 5 Lykcs Lines 5 3 Accord Group 8 1-3 I AFS 15 I T~~~'■ D Ahrenkiel Liner 16 3 I Albatros Sea-Air 14 4 Mac-Nds Agencies 14 1/2 Alfred C Tocpfer
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      Page 33 Advertisements Column 3
      2213 33 mssmsssassm NEXT USA SHIPMENT LICA MS V.9013 MARIE MS V.9102 VMMI Voy ETA ETO "Port "Penang DESTINATIONS Singapore Kelang Ttwm Mafia M #102 Feaoa' !^X9!i3aa!aa^^^^2HiHl! oaoo has Farco HIHI BHBBHiH crs 74/12 2359 MPS M Tauro OAK LQB MOU MEM ATL MIA CHS BAL PHL NYC MON TOP MAP>E MS
      2,213 words
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      Page 34 Advertisements Column 1
      1224 34 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KOWLOON BAY 98/552 20/12 14/1 8/1 10/1 7/1 13/1 DOLORES 01/556 21/12 9/1 11/1 *3/1 OSAKA BAY 97/555 27/12 21/1 15/1 17/1 14/1 20/1 TOtAGA BAY 13/558 31/12 17/1 17/1 22/1 HONG KONG EXPRESS 98/501 3/1 28/1
      1,224 words
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      Page 34 Advertisements Column 2
      584 34 DIRECT SERVICE COMMENCING DECEMBER 1990 ON 'SEASPAC I* VOY 1702 EB WE CALL MONTHLY T0 NOUMEA WE ACCEPT BREAKBULK CONTAINERS WE HAVE A TRANSIT TIME OF ONLY 12 OAYS! •SUVA 'LAUTOKA 'APIA 'PAGO PAGO 'SUKUALOFA •FUNTAFUTI 'TARAWA "MAOURO 'PAPEETE 'NOUMEA 'SOUTH PACIFIC ISLES A«.ntSINGAPORE: 5&I0156 I VPKSAKA JARDINK MSIA BOOKINGS:
      584 words
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      Page 34 Advertisements Column 3
      1517 34 I tni REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAH 9042 3 24/12 14/01 16/01 19/01 20/01 21/01 22/01 23/01 25/01 NORASIA SAMANTHA 9043 3 01/01 21/01 22/01 26/01 27/01 2*ol
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      Page 35 Advertisements Column 1
      1649 35 s|jjlSteamers Maritime Holdings Ltd W PftrO|nV STRAITS SHIPPING WML T Slnnpora to Br«Ml, East Malaysia, w™ Containers fiii ,h vi,,m Vo» No PKlang Spoie S ton ri'burg 8 haven R'flam Left ACCEPTS DUE SAILS KOWLOOfc BAY *,552 «-B.S£R-t*i? W2 15,01 0901 1101 0701 14(01 CARGO DOLOWS ***** «•TOl 2«12 21,12
      1,649 words
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      Page 35 Advertisements Column 2
      1875 35 TO: EUROPE TO: FAR EAST SPORE MK KAO HOB BU SP IH RDM HAM B'HVN BRf FIX CHOTANC VICTORY OOlt 2Y12 21' M 21/12 31,17 NANHIt HAMBURG OMK 21(12 14.1 1/1 111 20 1 20 1 21/1 MAtllll* LE HAVRE 010E J1,12 1/1 4/1 2/1 10/1 MAMtN ROTTERDAM 012W 51
      1,875 words
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      Page 35 Advertisements Column 3
      341 35 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.S IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL DBN CT Mar.ne Flower V 94* 24/12 3/1 5/1 13/1 19/1 29/1 'Also calls E
      341 words
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      Page 36 Advertisements Column 1
      620 36 HH CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY I SPORE ROAM ADAM H BURG BREMEN ANIWERP HUTAI2IWB 23,12 25/1 112 H2 10/2 MATARAM.2BKB 118,1 21/2 26,2 2/3 6/3 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|»ct to Inducement Also accepting cargo to Casablanca. Port Said. Port Meiandrla.
      620 words
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      Page 36 Advertisements Column 2
      819 36 (jN hanjin shipping I yy FULL CONTAINER SERVICE iS'pore |LEH RTM ANR HAM BRV FEL FEEDER VSL SIN LINE HAUL LAX OAK 22;12 9 1 101 111 HI HI M 1 CHOYANG VICTORY 001 C 25,12 H lEHAVRE OUE 21/1 N/1 29 12 16 1 17 1 18 I l&I
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      Page 36 Advertisements Column 3
      1419 36 ifj -J T c JTT"q~q T^^ IPKL SCP HKC KSC KLC PUS HKT OSK SM2 TYO LAX CHS BAI NYC LHV ANN ROM THP HBC SGP I E CRACE RE 036 I*l2 2012 24,12 26/12 2»/12 31/12 4,1 7 1 11 1 30/1 12 2/2 12/2 13/2 14/2 15,2 17/2
      1,419 words
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      Page 37 Advertisements Column 1
      1540 37 NEPTUNE AGENCIES PTE LTO SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 1' AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— 27M148 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.L^(o3)^ *****87, Penang (04) *****0, J.Bahru-(07) *****3, *****4 PTI INTI
      1,540 words
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      Page 37 Advertisements Column 2
      1165 37 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 VfSSIIS VOYAGE |SPOBt |M»N L* I w»oiic~ VOYAGE STORE PKLANC HIU»C BWAVEN
      1,165 words
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      Page 38 Advertisements Column 1
      1573 38 K LINE KAWASAKI KISEN KAISHA. LTD. I r EXPORT N. AMERICA PACIFICSOUTH-WEST 1-E IMPORT N.AMERICA PACIFIC SOUTH-WEST /FEEDER VISSFI VOY -1(110(1 -PK PNf HcTl MOTHFR VFWI VOY LB OAK CHI NYC MOTHfR *">* "-B 0*« ™Y I£ID( VtSSU VOY THY K.P j ".'"v.a-. vu NDO G sc LB II mmnm
      1,573 words
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      Page 38 Advertisements Column 2
      799 38 PHIU OniCNT UN€5 PTC LTD \lOB ROBINSON ROAD 10/ 00 GMG BUILDING SINGAPORE 0106 X TEL *****22;*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 22 DEC Montreal, VANCOUVER, S'WESTERN ONTARIO. 25 DEC DUBAI,
      799 words
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      Page 38 Advertisements Column 3
      419 38 GOLDEN LINE IVfNi GUAN guan shipping TNrX\ (PTE) LTD 1 23, Telok Aver Street SINGAPORE 0104 TEL: *****U (10 LINES) Far *****04 (CR No **********0W) rr»AiT» re»«iAN cuir raviot S pore P. KeUng Penang GOLDEN BEAR Colombo/Karachi Oubai 20/22 Dec GOLDEN HAVEN Colombo Karachi Dubai 810 Jan CHINA IOIVICT DAI
      419 words
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      Page 39 Advertisements Column 1
      1496 39 aSSggJEP^ PACIFIC INTERNATIONAL LINES (PTE) LTD mummmmmm JJj P)L Building, 140 Cecil Street #03-00, Singaporeolo6 |JAKARTA I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL WOV SIN BKK SIN EDEN 9043 21/12 23/12 28/12 KOTA RAKVAT 01N 20/12 24/12 28/12 GOWA 71S8 24/12 2«/12 MA HUI 106N 20/12 24/12 27'12
      1,496 words
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      Page 39 Advertisements Column 2
      1168 39 BEN LINE CONTAINERS LTD SJ 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL JvOY SPORE P KLANG SHAMPTON HAMBURG BHAVEN ROAM LHAVRE Kowloon Bay' 98/552 20/12 14/1 8/1 10/1 7/1 13/1 Dolores 01/556 21/12 Via TOL 9/1
      1,168 words
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      Page 39 Advertisements Column 3
      340 39 MYANMA jHMflk RVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P Gdg AVA VIOSW In Pt PINYA VU2W 21/24 Dec PAGAN VI6SW 23/25 Dec PATMEIN VIOBW 24/28 Dec 28/31 Dec THE BANK LINE (A service of Andrew Wetr Shipping) YT SEMI-CONTAINER SERVICE \i HEAVY LIFT
      340 words
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      Page 42 Advertisements Column 1
      825 42 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RW* ANT HBC BREMEN SIN Wf 102 21/12 13/1 14/1 ISO 1//1 CARMEN CARINA WMIM tt/12 11/1 17/1 20/1 19/1 lb/1 ARABIAN SEN WFIO3 27/12 19)1 20(1 22/1 23/1 THUERINGEN WKIO3 2/1 30/1 2*l 1/2 31/1 27/1
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      Page 42 Advertisements Column 2
      1100 42 TSESSSLTI CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 22 DEC ft 29 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 21/2 4 28/12 MANILA 22/12 29/12 PENANG 21/12 28/12 BUSAN 22/12 S 29/12 BANGKOK
      1,100 words
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      Page 42 Advertisements Column 3
      294 42 LOADING FOR VESSEL fsTOM Cto DBN UMS NVIOEO «IO STS VIT MCUA WOSTWUN I I*U Till! in M/l IM Mrt on V WOKI ALSO LOADING FO* BUENOS A'«S Turkey, Red Sea/ Med Ports. Sport P Ktlanf P*ft»nf loadint ft GCNCLIK V MO SIO IN PT OPT DMIIICf.ISTAMUI IZtM M*SIN iSKENOERUN
      294 words
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      Page 42 Advertisements Column 4
      1235 42 rWw riTiTiTi V" CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TE R L S OSH(P 2, MISTRI ROAD. HMC BUILDING fAX *****66 #15-00. SINGAPORE 0207 CABLE: COSTARLINE CR NO 1178/*****0 M General Agents: CO6TAR SHIPPING PTE LTD TO EUROPE PROM EUROPE VESSEL VOT SCP FLX HOT HAM AWT OKK
      1,235 words
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      Page 43 Advertisements Column 1
      810 43 nihon-asia CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA All IPI IK'stns 22/12, 29/12 I EUROPE all Ports 22/12, 29/12 BANGKOK 22/12, 26/12 HONC.KONG/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
      810 words
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      Page 43 Advertisements Column 2
      254 43 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) |rer\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL ANT CONVENTIONAL VESSfI VOY El A LOADING FOR SPORE AbBAY WONZ 2rWB IVOi OAHFSSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA \EISANET 16 0? DARESSAi
      254 words
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      Page 43 Advertisements Column 3
      875 43 MASKAPAI PELAYARAN P»PULAU 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 DRAGON
      875 words
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      Page 43 Advertisements Column 4
      908 43 BANGKOK CEBU/MANILA [VESSEL VOY SIN6APORE BANGKOK VESSEL VOY SPORE CEBU MANILA JENLINK 36N Thur 20/12 Sun 23/12 KITI BHUM MR 21/12 271U 29/12 NANTA BHUM 20N Thur 20/12 Sun 23/12 SD STAR S2S 28/12 3/1 5/1 MAHA BHUM# 39N Sat 22/12 Tue 2S/12 KITI BHUM S3R 4/1 10/1 12/1 SI
      908 words
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      Page 44 Advertisements Column 1
      1137 44 A MAC-NELS SINGAPORE 1 m. *****22 IMPORT TEL *****02 TEL (04) *****6 KK TEL: (088) *****0 ITAWAU TEL (089) *****9 I ~/x l|p KELANG TEL (03) *****77 KUCHING TEL (082) *****31 SKAN TEL (089) *****2 1-NV\- Jlj BAHRU TEL (07) *****2 SIBU TEL (084 *****2 LABUAN TEL (087) *****9 v
      1,137 words
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      Page 44 Advertisements Column 2
      398 44 ■ngll fog. BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER. WELLINGTON. BLUFF, CHRICTCIIURCIL DUNEDIN, LYTTELTON, INVKRCARGII., FIJI AND TAHITI SIN N PLY AUCK LVT PROSPECT 10$ Jan 18 Jan Via NPI 20
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      Page 44 Advertisements Column 3
      1381 44 2T THONG SOON LINES PTE. LTD. 1 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 TWOV lETA IOEST VESSEL I VIT l ETA JEST KIM SOON LI 49/90E 22
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      Page 45 Advertisements Column 1
      799 45 COMPANIA PERUANA de vapores T "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 19/20 Jan 21/23 Jan KARABIEVERETT »<3l Jan 01/03 Feb W2S "EVERETT ORIENT
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      Page 45 Advertisements Column 2
      536 45 VSL Ivoy b PORE [mainlined [lax Ikst Isav Inyc Ihfx ZIM VENE/IA lie 20,12 ZIM IBCRIA »1 ill 1/2 I<W A VESSEL M,U ZIM IBERIA ?s<l 3/2 Iff 1/1 1«2 ZIM SINGAPORE 37E 27/12 ZIM IBERIA 25,1 1/2 W? 1/2 MP A VESSEL 2% 12 ZIM IBERIA 2S/1 3/2 til
      536 words
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      Page 45 Advertisements Column 3
      662 45 Msing kwang hang atmPMQ a trampomtation (rri) lto WEEKLY LCL/FCL SERVICE [VESSEL Is PORE I JAKARTA [SURABAYA I MEKHANIK KURAKO V 40N 20/12 23/12 EQUATOR JOY V QBN |22/12 I— I2S/12 VESSEL SPORE BANGKOK i A VESSEL 22/12 26/12 A VESSEL 29/12 1/12 DESTINATIONS ETA SINGAPORE PORT KELANG 21 DEC
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      Page 45 Advertisements Column 4
      580 45 PERINTIS LINE 11! ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASETIA 129 A 20/12 23/12 PELOPOR 967 22/12 25/12 PHASETIA 131 A 27/12 30/12 TANTO UTAMA 127 16/12 19/12 TANTO UTAMA 129 23/12 26/1J TANTO UTAMA 131 30/12 02/01 General Agents ASIA PERINTIS LINES
      580 words
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      Page 45 Advertisements Column 5
      423 45 SIM FA* EAST 23/12 KEELUNG/KAOHSIUNG 22/12 BANGKOK 24/12 MANILA/CEBU 22/12 JAKARTA/BELAWAN/SURABAYA 22/12 PORT KELANG/PENANG/E. Malaysia 25/12 BUSAN 30/12 TOKYO/YOKO/KOBE/NGO/OSA 24/12 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou' Xiamen/Xingang/Shanghai SIN EUBOPE/M* 22/12 LDN/FLX/LVP/SOU 22/12 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech SIN USA/CANADA 21/12 LOS ANGELES/NEW YORK all IPI points
      423 words
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      Page 46 Advertisements Column 1
      606 46 CB SHIPPING Cl™s>. MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTMNER/LCL/BREAKBULX SERVICE "ANKE" SERVICE SPt LAI MISIMA Po* TVILLI VISSB Sa.l«d jl/12 2 «20S8 »30(12 11/1 13" 8,1 1111 BUNKER SURCHARGE EFFECTIVE VI9SB TEU USD 53 50 B/BULK USD 500 LCI USD 350 SUBJECT REVIEW BOOKINGS ACCEPTED FOR EAST KALIMATAN
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      Page 46 Advertisements Column 2
      613 46 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 18/1/91 Y M. V 22-90W 24/12/90 19/1/91 10/1/90 14/1/91 IY V 23-90W 29/12/90 25/1/91 16/1/91 20/1/91 KV.T V 26-CW9O 30/12/90 21/1/91 23/1/91 29/1/91 KM V 24-90W 11/1/91 05/2/91 26/1/91 31/1/91 ALSO
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      Page 46 Advertisements Column 3
      372 46 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH 20/12 23/12 27/12 30/12 HONG KONG 23/12 27/12 30/12 01/01 BUSAN 24/12 30/12 05/01 12/01 > BANGKOK 24/12 28/12 31/12 05/01 MANILA 25/12 04/01 14/01 24/01 ITIA 22/12 29/12 07/01 14/01 KYC LINE (S) PTE LTD., 158, CECIL STREET DAPENSO BUILDING, #09-00 SINGAPORE
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      Page 46 Advertisements Column 4
      892 46 TTMAK-7/A/K-— QfjO PENANG —KL: allied-link SINGAPORE: m. 04-*****2 03-*****55 778 6522(22 unesi ISESf Marina Ong Susan Ng/Chrtattne Chlew Irene Cheng/Esther Yap FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 25N8 VIGOUR PACIFIC 26N8 5J BANGKOK 22/12 29/12 BUSAN 25/12 30/12 HONGKONG 26/12 1/1 DURBAN 27/12 13/1 KEELUNG 23/12 30/12 PT LOUIS 27/12
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      434 47 TIDES AND WEATHER []||M 1 iß).nw«iiiii —in TODAY'S TIDES (hcflrt in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 *************************500 ***************0 2000 2100 2200 2300 JR 2.3 2.5 2.4 2.1 18 1.4 12 1.2 1.5 19 25 30 3.2 3.1 2.7 22 1.6 1.1 0.8 06 0.5
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      Page 48 Advertisements Column 1
      334 48 CHARTPOINT Every Saturday in Business Times BA keeps a wary eye on the big American airlines, Pg 2 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 W/|\ HIAP HOE SHPPWG ENTERPRISE I f/li| TEL: *****68 FAX: *****10
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      Page 48 Advertisements Column 2
      716 48 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN I AIANniA 37E Xiu ill 21/1 23/1 2S/1 24/1 HYUNDAI EXPLORER 35W 20/11 23/11 26/11 14/12 22/12 HYUNDAI CHALLENGER 39E 21/12 10/1 21/1
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      Page 48 Advertisements Column 3
      546 48 CHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) Accaptinf Cargo H—fcurg to Capanftafan. Aarhua, Gothanfeuri Maine. S PORE STON H BU*G S HAVEN 1 DAN L£H HatairHi. Stockholm KURAMA M/SSJ tt/12 2/1 S/l 7/1 Xon.nu™ ;to Antwp Amatantom Olto. Hptiinki MIIIIII^H HOWLOO* MT *»2 2012 HI 1/1 *1
      546 words