The Business Times, 1 January 1991

Total Pages: 32
1 32 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday January 1 1991 75*
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  • NEWS SUMMARY
    • 45 1 GERMANY must ensure that large public sector deficits arc only temporary to avoid overburdening German capital markets. Bundesbank deputy president Helmut Schlcsinger said in an article in yesterday's llandeslblalt newspaper that capital market demand would rise sharply this year.
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    • 36 1 GERMAN Chancellor Helmut Kohl has warned against allowing the emergence of a 'welfare frontier' in Europe between wealthy areas and poorer countries, calling on all European Community members to prevent it Page 4
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    • 19 1 THE PHILIPPINES Jias bowed out of 1990 showing positive economic growth, defying 'zero growth projections' Page 4
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    • 28 1 THE US decision to slash made-in-China garments quotas will also threaten Hongkong manufacturers, according to a newspaper report in the colony Page 4
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    • 30 1 AFTER three decades of being bogged down in a quagmire of rivalries and economic instability, a Latin American common market is finally gaining solid ground Page 6
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    • 24 1 CARLOS FUENTES, Mexico's highly-acclaimed novelist, is taking on a new challenge explaining Hispanic civilisation in a TV series Page 9
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    • 45 1 THE PORT Of Singapore Authority in 1990 is likely to have hit the magical five million containers (twenty-foot equivalents) target set for last year and so maintaining its lead over Hongkong as the world's busiest box port. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 41 1 UK SHARES yesterday opened mixed with an easier bias in very quiet trade, as many dealers stayed out of the market ahead of the New Year's break. The FTSE 100 was 10.6 points lower at 2149.8 by 0845 GMT.
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    • 32 1 RUPERT MURDOCH'S News Corp has agreement in principle from nearly all the 150 banks involved in a refinancing package needed to keep his media empire largely intact Page 2
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    • 12 1 LAST year's cash calls: who raised what Page 2
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    • 21 1 JAPAN'S Matsushita Electric Industrial Co Ltd has completed its US$6.l3 billion tender offer for MCA Inc Page 2
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    • 32 1 THE US JUSTICE Department plans to block the sale of Semi-Gas Systems to Japan's Nippon Sanso in order to protect US competitiveness in the high-tech market Page 2
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    • 30 1 CREDITOR BANKS have welcomed Brazil's announcement that it will make its first interest payments in more than a year on US$6O billion of bank debt Page 3
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    • 14 1 BANK BURUH may seek foreign participation in its equity Page 3
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    • 15 1 BANK ISLAM is keen to acquire a Kuala Lumpur building Page 3
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    • 38 1 THE SINGAPORE stock market was closed yesterday, together with the Japanese, Australian and New Zealand bourses, while the KLSE was open for half-day trading. Also closed yesterday were Simex, the KLCE and the KL Tin Market.
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    • 20 1 Monday Change Kuala Lumpur ....505.92 +5.04 Hongkong 3,024.5 -29.18 Friday Change New York 2,629.21 +3.71 London 2,160.4 -7.4
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    • 10 1 Exchange rates USS SS 1.7340 Yen SSI.2830 MS SS0.6415
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    • 10 1 Rubber S'pore Jan 152.75'/kg -0.75 M'sia Jan 239.50*/kg -0.50
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  • 417 1  -  Accord to be signed will raise weekly flights to 297 over two years By Rahita Elias FLIGHTS between Singapore and Indonesia will more than double to 297 weekly services over the next two years when a new air agreement between the two countries is
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  • 500 1  -  By John Tan IN SPITE OF an anticipated slowdown in the world travel market, Singapore's second airline Tradewinds will push for more destinations within the next year or so. BT understands that Tradewinds is likely to increase its current seven destinations to at least 10 by
    500 words
  • 293 1 NYT OFFICIALS of Canada, Mexico and the US say they are fast sweeping away obstacles to Canadian participation in the free-trade negotiations expected to open in 1991 between the US and Mexico. The three countries are expected to begin shaping a
    NYT  -  293 words
  • 408 1  -  By Harish Mehta VIETNAM'S fledgling banking industry will get a second boost towards the middle of the year when seven foreign banks are likely to be allowed to set up branches in the country. A first boost came last November when Indovina
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  • 387 1  -  By Anna Teo WHILE optimistic about the future, Prime Minister Goh Chok Tong said in his 1991 New Year message that Singapore must stay united and trim, geared for global uncertainties and committed to the long-term objective of building a better nation.
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  • Page 1 Advertisements
    • 215 1 Nikon The World's Finest Photographic System. The Editor and staff Business Times alt readers Ffttppy New Year There will be normal publication of BT tomorrow Aircraft Schedule 13 KLSE 10 For market indices, editorial. Commodities 12 Money Changer Rates 13 advertising and circulation ex Cryptic Crossword 13 Money Market 12
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    • 3 1 Analysis, Pane 7
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    • 45 1 Nikon The World s Finest Photographic System Cartier mu/t* de a/Her Boutique/ SINGAPORE #01 36. Lucky Plaza. 304 Orchard Road Tel: *****27 #01 04. The Shopping Gallery, Hilton International Singapore. 581. Orchard Road Tel: *****95 #01 -03. Palais Renaissance. 390 Orchard Road Tel *****93 > -i
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  • COMPANY NEWS
    • COMPANY BRIEFS
      • 89 2 HANBO STEEL and General Construction Co Ltd has started building a 1.22 trillion won steel works on South Korea's west coast. On completion in June 1996, the complex will bring the total steel production capacity of the company to more than three
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      • 56 2 WESTERN UNION Corp, the American communications pioneer that has foundered because of heavy debts, said it was close to alleviating a substantial part of its debt obligations. The company said enough bondholders appeared to have accepted its offer to exchange high-yield "junk bond" debt securities
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      • 67 2 FIVE Japanese firms are considering participating in a project to build a large methanol plant on the Soviet Far East island of Sakhalin, Jiji Press has reported. A vice-min-ister of the Soviet Ministry of Chemical and Oil Refining Industries visited Tokyo last month to seek
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      • 69 2 BURMESE military authorities signed a contract to enter into a joint venture in garment production with a South Korean firm on Saturday, Radio Rangoon said. The company set up under the joint venture contract, MyanmarDaewoo International Ltd, was formed by South Korea's Daewoo Company Ltd
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      • 54 2 THE Yugoslav firm Smelt is to build a series of hotels and vacation villages in Albania at a cost of some US$25O million, Tanjug news agency has said. An agreement was signed on Saturday by Smelt head Joze Zagar and Albanian Tourism Minister Jetan Hadarai.
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      • 77 2 A DECEPTIVE ACTS lawsuit filed by the Indiana state seeks nearly US$3O,OOO in restitution and civil penalties from Harbor View Condominiums, a Bahamas time-share company and its Indianapolis agent, Vacation Time Inc. The suit was filed on behalf of 10 Indiana residents. The action claims the
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    • 252 2 HONGKONG'S largest rice distributor, Golden Resources Development, is seeking a listing early this month. The South China Morning Post reported on Saturday that the group is relying on its established financial background and confidence that there will be a stable market for
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    • 1266 2  -  The Year in Review By Magdalene Ng KEEPING pace with the stock market bull run that started in 1989, corporate Singapore was a frenzy of activity from January last year to August, when the Gulf crisis erupted. New listings dominated merchant
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    • 290 2 Reuter RUPERT MURDOCH'S News Corp has agreement in principle from nearly all the 150 banks involved in a US$7.4 billion refinancing package needed to keep his media empire largely intact. The Financial Times reported during the weekend that the final agreement could
      Reuter  -  290 words
    • 321 2 Reuter JAPAN'S Matsushita Electric Industrial Co Ltd said it has completed its US$6.l3 billion tender offer for MCA Inc. The takeover is the biggest ever by a Japanese company in the United States. Matsushita said in a statement released in New York that 77.7 million shares
      Reuter  -  321 words
    • 461 2 AP THE US JUSTICE Department said on Friday it will move to block the sale of Semi-Gas Systems to Japan's Nippon Sanso in order to protect American competitiveness in the high-tech market. It is the first time the government has directly intervened
      AP  -  461 words
  • Page 2 Advertisements
    • 33 2 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! complete facilities telex fax copier word processing secretarial services conference room answering service long snort term lease vou name it!
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  • FINANCIAL NEWS
    • 534 3 Bank may seek foreign participation in its equity Bernama BANK BURUH Bhd's restructuring scheme is progressing as scheduled and will be completed on target at the end of this year, its chairman Tan Sri Haji Rozhan Haji Kuntom said. Speaking to newsmen after the bank's
      Bernama  -  534 words
    • 278 3 Reuter BANKS have welcomed Brazil's announcement that it will make its first interest payments in more than a year on US$6O billion of bank debt, Brazil's top debt official said last Friday. "Nobody has said, 'Don't send the money'," Jorio Dauster, Brazil's
      Reuter  -  278 words
    • SMALL CHANGE
      • 78 3 A PROBE into suspected insider trading in the Philip Morris g<oup purchase of Swiss chocolate maker Jacobs Suchard showed up no irregularities, Erwin Brunner, head ot the Rothschild Bank, said in Zurich last Saturday. Rothschild Bank was involved in the US$4 billion transaction. Mr
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      • 76 3 THE Australian government-owned Commonwealth Bank said it has settled its agreement to buy the State Bank of Victoria from the Victorian State Government. "The completion of the legal formalities together with the necessary proclamations under state and federal legislation have cleared the way for the merger
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      • 95 3 BANK OF New England Corp said it agreed last Wednesday to consider a proposed debt-for-cquity offer by the bank's bondholders. "The board met to consider a proposal received (the previous) Friday from the bondholder committees and the board agreed to continue its analysis and deliberations in
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      • 49 3 THE Federal Reserve Board said last Friday that the basic US money supply, known as Ml, rose US$3.2 billion in the Uatest reporting week. The broader monetary aggregate M 2 increased US$4.6 billion, and the broadest measure of all, M 3, gained US$5.l billion.
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      • 57 3 THE Colombian government said last Friday that it was deferring for 90 days repayments on its US$6 billion debt with foreign commercial banks. A statement from the Monetary Council, which sets monetary policy, said the government would defer for 90 days payments on public debt due to
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      • 2 3 Dollar$ Non$en$e
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    • 357 3 Bernama BANK ISLAM Malaysia Berhad is holding preliminary discussions with the Urban Development Authority to acquire the authority's building to be built at the junction of Jalan Raja Abdullah and Jalan Sultan Ismail in Kuala Lumpur to house its headquarters, its chairman
      Bernama  -  357 words
  • Page 3 Advertisements
    • 233 3 I A New Year. I I A New Name For An Established I I Orchard Road Landmark. I I I" I 9 H —stcff IS'-—' H nr JH JBA E. V 1 <M' i rtt, H ■JH'VB J. 1 UM| 4 IWp I* CH hi/ Ji H ftn Jadr Lounge
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  • THE WORLD
    • WORLD WATCH
      • 106 4 WESTPAC BANKING CORP says that in spite of Australia's current recessionary gloom, the outlook is for a recovery in the second half of calendar 1991 with further reductions in inflation. "By the end of 1991, Westpac expects inflation to be running at 4.5 per
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      • 79 4 BEATING INFLATION is the UK's priority task for 1991 and business has a significant part to play in bringing it down and keeping it down, says the president ot the Confederation of British Industry (CBI). In his new year message to CBI members, Mr Brian
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      • 95 4 BRAZIL'S economy will fail to grow in 1991, the head of the country's central bank has predicted. "I think it will be an unequal year, with performance in the second half better than in the first. At the end of the day, growth will be
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      • 71 4 AFTER a day-long voting marathon over amendments, Hungary's Parliament passed the country's 1991 Budget last Sunday, throwing doors open for the conclusion of a crucial loan agreement with the International Monetary Fund. The IMF has set as a precondition to its agreement with Hungary that the Budget
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      • 58 4 THE CITY of Los Angeles is spending US$3.2 million to encourage residents to reduce and recycle waste. Half of that amount has been awarded to Laufer Associates, a public relations agency, whose campaign will consist of print, broadcast and outdoor advertising, as well as informational
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      • 70 4 BULGARIA, crippled by severe fuel shortages, will receive 6.5 million tonnes of petrol from the Soviet Union next year in exchange for machinery, medicines and food. Deputy Prime Minister Alexander Tomov, who visited Moscow last week, said in Sofia last Sunday that the petrol deal
        70 words
    • 425 4 Chancellor sees dire consequences should E European reforms fail AFP GERMAN Chancellor Helmut Kohl has warned against allowing the emergence of a "welfare frontier" in Europe between wealthy areas and poorer countries, calling on all European Community (EC) members to prevent it. In a year-end
      AFP  -  425 words
    • 599 4  -  From Al 0 Labita Jr in MANILA THE PHILIPPINES bows out of 1990 with a positive economic growth, defying "zero growth projections". The GNP stood at 3.1 per cent, a respectable showing considering the spate of crises that battered the economy over the year.
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    • 427 4 NYT ONCE the owner of the leading fishing fleet in the North Pacific, Japan has seen its presence fading because of increasingly strict restrictions on its haul in the territorial waters of other nations. Hohsui Corp, a major Japanese oceanic fishery operator,
      NYT  -  427 words
    • 421 4 THE US decision to slash made-in-China garments quotas will also threaten Hongkong manufacturers, according to a report in South China Morning Post. The Commerce Department announced last week that it planned to reduce China's apparel import quotas by about one
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    • 607 4 Bernama JAKARTA is cleaner nowadays. street children have almost disappeared and beggars arc disappearing fast. In their places, corporate banners and one-horn Javan rhinoccros mascots are sprouting all over the place, welcoming visitors to the capital city, home to more than nine
      Bernama  -  607 words
  • Page 4 Advertisements

  • SPORTS
    • 1007 5 NYT DECADES customarily seem to begin with landmarks in the history of golf. In 1930, Bobby Jones completed the Grand Slam. In 1950, Ben Hogan returned from a near fatal road accident to win the US Open. In 1960, Arnold Palmer exploded on the American consciousness
      NYT  -  1,007 words
    • 360 5 AFP STEVE COPPELL celebrated a 1-0 win over Liverpool on Sunday by ending speculation over his future and revealing he had signed a new three-year contract as Crystal Palace manager. Coppell, who has been at Palace for five years with only a "letter of
      AFP  -  360 words
    • 476 5 AFP YUGOSLAVIANS Goran Prpic and Monica Seles teamed up brilliantly to score an upset win over the Soviets in a quarter-final of the Hopman Cup tennis tournament in Perth on Sunday night. They defeated a stubborn Andrei Chesnokov and Natalia Zvereva in straight sets,
      AFP  -  476 words
    • SIDE LINES
      • 102 5 OLYMPIC champion Jens Weissflog of Germany had leaps of 107 and 106.5 metres for 203.9 points on Sunday, winning the first leg of a four-hill World Cup ski jumping tour in Oberstdorf, Germany. Former world champion Andreas Felder of Austria finished second with
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      • 118 5 WORLD 10,000-metre record holder Arturo Barrios headed a field of nearly 2,000 from more than 30 countries in yesterday's 12.6-km St Silvester race, a 65-year-old tradition in South America's largest city. About 9,000 men and 1,000 women ran along the wide, sky-scraper-lined avenues and up and down
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      • 102 5 BRITISH maxi yacht Rothmans has failed in its bid to overturn the decision that stripped it of line honours in the 46th annual Sydney-Hobart yacht race on Saturday. Officials said yesterday that the race protest committee ruled there was no case to answer and that the
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      • 150 5 ENGLAND'S World Cup soccer manager Bobby Robson, goalkeeper Peter Shilton and Formula One racing driver Nigel Mansell were among the leading sports figures named by Queen Elizabeth II in her New Year's honours list yesterday. Robson, now manager of Dutch club PSV Eindhoven, becomes a companion
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      • 61 5 JAY SCHROEDER threw a 17-yard touchdown pass to fullback Steve Smith with 3:53 left on Sunday, giving the Los Angeles Raiders their first AFC West title in five years with a 17-12 triumph over the San Diego Chargers. By winning the division, Los Angeles, 12-4, earned a
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      • 62 5 JAPAN'S Akiko Fukushima shot a solid two-under-par 70 on Sunday and ran away with victory in the Junior Orange Bowl International Invitational Golf Classic in Florida. Fukushima, a 17-year-old from Yokohama, finished one under par at 287 for the 5,700-yard Biltmore Golf Course, 14 shots in front of
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  • 537 6 EDITORIAL HOW last year began. Seven decades of communism in the Soviet Union and Eastern Europe were finally revealed for the almost unmitigated misery they were. Admittedly, the Tiananmen movement had failed, but the failure promised to be the start, not the end, of
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  • WHAT THE OTHERS SAY
    • 258 6 WHAT THE world now needs is a Japan that can play a bigger role in international aid. Although the country is now the world's number one foreign-aid giver, this achievement is the result of a sharp fall in American aid levels partly because of budgetary problems in United
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    • 118 6 DESPITE his victory in gaining almost sweeping powers from the Soviet Congress of Deputies, President Mikhail Gorbachev will still find the road ahead difficult. Boris Yeltsin, the president of the Russian Federation, has made it clear that he will oppose Mr Gorbachev. The reluctant support offered Gennady Yanayev,
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    • 116 6 ALL SINGAPOREANS should reap the benefits of economic growth as a reward for their participation, Prime Minister Goh Chok Tong said at a Housing and Development Board union dinner. Healthy economic growth will enable the government to improve the country's infrastructure, public amenities and the living environment for
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  • REGIONAL VIEWPOINTS
    • 108 6 THE CHAIRMAN of the Indonesian Democratic Party (PDI) faction in the Jakarta City Council, Ismunandar, had a point when he complained, the other day, about the reluctance of municipality officials to provide concrete information about various city problems. According to Ismunandar, the scarcity of information provided by
      108 words
    • 160 6 UNLIKE OTHER governments with central banks which can manipulate interest rates to force down prices and tinker with the economy, the Hongkong administration has few options, other than to readjust the dollar peg that it has no intention of doing and to slash public sector
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  • 722 6  -  Brazil, Argentina, Uruguay and Paraguay plan to dismantle trade barriers by Jan 1, 1995. Ed McCullough reports on Latin America's emerging common market Ed McCullough AP THREE decades after bogging down in a quagmire of rivalries and economic instability, a Latin American common market is
    AP  -  722 words
  • Page 6 Miscellaneous
    • 103 6 DOONESBURY BY GARRY TRUDEAU AND IN TUB GULF TODAY, TH£ CRUIS& SHIP CUNAPD ...UH&£ ITUJIU. TAX 3 ON I INOWee FORMRPUNfIS UJCMAN' THISOOUU? PRIN6SS6 ARRIVBP AT UJEAKi MltfTAPy PERSON- r— I THAT dKN U&UMP &ALONS AN UND&6IOSeP A/fl, FOR THRBB-PAY lIN REMOTE D&BRT OUTPOSTS WOMAN CRUISE.. UE ARE fROUPwm HOST
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  • ANALYSIS
    • 769 7  -  Spain's 1992 World Fair dream moves closer to reality, reports Robert Hart Robert Hart Reuter IN the misty sunlight of a southern Spanish winter morning the arm of a giant crane swings slowly over the ornate roof of an old Carthusian
      Reuter  -  769 words
    • 1451 7  -  Vietnam needs international credit, but it finds that US pressure has blocked loans from the World Bank. But there are other bodies to which Hanoi can turn for help, such as the ADB. Harish Mehta, who visited Hanoi and Ho Chi Minh City, spoke to bankers
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  • Page 7 Advertisements
    • 95 7 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
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  • Page 8 Advertisements
    • 170 8 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Didn't I see you at Scandals? Kvery Thursday: Indies Night. Every Night: The place to see and be seen. Scandals, Singapore's most sophisticated club and meeting place. Kor details on membership, call 330 8310
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    • 261 8 ICREATV 'ir tr *r -Cr -Cr -Cr -Ct <r -ft- Xt -Cr tr ■ftrJP' /RWTASTIC'^ -IFRUITFULr r CHRISTKiHS hEW YEHB lenartilcvr. ■SQSSB ,;w BBQ Under the Stars Fresh seafood and choice meats charcoal grilled just the way you like it' And while you feast on our tempting liliQ bullet at
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    • 282 8 n Goodies ■wWmP Let VELVETS bring you down Memory f Lane as they serenade you with hits of bygone years. Velvets: Mon Fri PL AZ A HOTEL (6.00 pm 8.30 pm) *r*l< lial MnMnrr 071» 2*ooll mp*z v EUv Feast on our Chefs Speciality-. Fish Head Curry at only $1750
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    • 354 8 IlL^M&i M I R|p ■||l, I You'll en)oy our delicious selection HHM of authentic Beijing Dian Xin served amidst the splendour of an Imperial Hr Court. May we expect you today? P I V From noon to 2.30 pm. OSJr A la carte menu available. HH OS/amJartfi fnpqper 333 Orchard
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  • Page 8 Miscellaneous
    • 762 8 TELEVISION AND RADIO 13 *1 pV* \r\ r\ 'C Vl "111 tl lz"C SBCI2 Move (Variety, L). JM 2' GnlHver. BUsff<|sslDN RADIO Klii S ill I IIIKS 7.30 PM Sok Sisters I Don't 9*30 Hdida'y Nijht Movie Real M^(M) HUU,> w Think we're in Kansas Any- Genius (See Our Choice).
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  • LIFESTYLE
    • 912 9  -  Carlos Fuentes, Mexico's highly-acclaimed novelist, takes on a new challenge explaining Hispanic civilisation in a TV series. Alan Riding reports. Alan Riding NYT CARLOS Fuentes is an uncontrollable wanderer, a constant traveller through countries and cultures who could no more settle permanently in his native
      NYT  -  912 words
    • 724 9  -  In an age when there are perhaps a greater variety of watches, and in a wider range of prices, than at any time before, a surprising number of people don't wear watches, reports Ron Alexander. Ron Alexander NYT SOMEWHERE close to midnight last
      NYT  -  724 words
    • 641 9 CHATTERBOX WHEN Joan Sutherland cancelled her farewell performance at the Royal Opera House in London, where she first gained fame, fans were bitterly disappointed. Sutherland was to have sung the lead in Die Fledermaus on New Year's Eve. But the audience will see her
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  • Page 9 Advertisements
    • 285 9 AND ENTERTAIN :l Set Your Heart On Our Set Meals. lunoi I hlk! Vt2 30PM 'krf&Cvß WaSwSl LJi* ptRreRSON DINNFR: 6 30PM TO Of- •> -I.*™" jg\ 10 30PM J1t.50. ■*»*,< PER IfRSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday,
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  • KUALA LUMPUR STOCK EXCHANGE
    • 878 10 Bernama Reuter SHARE PRICES on the Kuala Lumpur stock market ended 1990 on a firm note yesterday on renewed interest despite a lack of fresh overseas leads ahead of the New Year holiday today. The KLSE Composite Index added 5.04 points to
      Bernama; Reuter  -  878 words
    • 3037 10 1990 l-ast Vol Day Net Cap High law Company Sale "000 High lx>» P/E Smil INDUSTRIALS 336 143 A1SB SO* 185 5 276 187 182 4S.I 189.8 655 278 ASM 50* 350 16 572 350 330 31.3 1436.7 318 264 Acidchem 297 1 29 297 2% 127.7 306 189 Ajinomoto
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  • Page 10 Advertisements
    • 104 10 I NEWS TRAVELS ALL ADVERTISING MESSAGES are effective. To varying degrees. In Singapore, when you want to reach out to a select target audience in the transport industry, only one daily offers you the advantage of maximum reach at minimum costs. And that's Shipping Times. Everyday Shipping Times brings you:
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  • STOCK EXCHANGE OF HONGKONG
    • 1995 11 AP SHARE prices on the Hong Kong Stock Exchange closed lower in light trading in a half-day session yesterday before closing for the New Year holiday. The Hang Seng Index, the market's key indicator of blue chips, lost 29.18 points, closing at 3,024.55.
      AP  -  1,995 words
  • 1652 11 Vol 28 Dec Yen High I-ow COOO) Ajinomoto 1570 40 1570 1540 249 Akai 558 12 All Nippon Airways 1280 f 10 1300 1280 254 Asahi Breweries 1210 20 1210 1180 448 Asahi Chem Industry 744 4 745 730 656 Asahi IX-nka Kogvo 840 -7 840 838
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  • 390 11 DEC 28 Index In local c day change urrency year change In day year change change in day year change change Worid tEafe Europe Pacific Far East 358.4 470.7 365.4 783.0 1019.7 0.0 -0.2 -0.5 0.1 0.0 -22.9 -30.9 -18.9 -38.2 -38.9 0.0 0.5 0.6
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  • Page 11 Advertisements
    • 110 11 Hongkong prices are provided by Tderate All other Asian markets were dosed yesterday FOR WHO, WHAT, WHERE AND WHEN Cx 'fiP 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
      110 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 355 12 AFP WHEN TRADE based on convertible currencies at world prices takes effect among East European countries today, it will sound the death knell for Comecon the former Communist Bloc's economic organisation dominated by Moscow for 40 years. Concretely, the step means that trade
      AFP  -  355 words
    • 321 12 Rubber dcc3» US Q+ h Mm) S centWf Noon Ocae Int 1 RSS Prompt I54.50/I55.50N 153.50*154.50 Int t RSS Jan 91 153.7V154.75 152.75/ 153.75N Int I RSS Feb 153.7V154.25 I53.7V154.25N Int 2 RSS OP 150.50/152.SON I50.50/I52.50N lot 3 RSS OP 145.50/147.50N 145.50/147.50N Int 4 RSS OP 141.50/143.50N I41.50/I43.50N Int
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    • 393 12 Cross rates p^ 31 US$ S$ MS Dm Yen SFr AJ NZS USS 1.7380 2.7000 1.5000 134.90 0.5195 1.2810 1.2945 1.6949 SS 0.5754 1.5535 0.8631 0.7762 0.2989 0.7371 0.7448 0.9752 MS 0.3704 64.37 0.5556 0.4996 0.1924 0.4744 0.4794 0.6277 Dm 0.6667 1.1587 1.8000 89.93 0.3463 0.8540 0.8630
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    • 563 12 Interbank rates S$ Bid Offer Overnight 4 4 1/2 1-month 4 7/16 4 9/16 2-month 4 9/16 4 11/16 3-month 4 3/4 4 7/8 mode: 2-1/4 US$ Bid Offer 7 days 7 7/8 8 1 month 7 5/8 7 3/4 2 months 7 5/8 7 3/4 3 months
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    • 250 12 AFP TAIWAN on Saturday became the world's largest holder of foreign exchange with its reserves surging to US$72 billion, central bank governor Samuel Hsieh said. The country held US$5.6 billion in gold reserves and another US$l.3 billion in reserves which the central bank had
      AFP  -  250 words
    • 276 12 Reuter UK CHANCELLOR of the Exchequer Norman Lamont said he would not devalue sterling or cut interest rates if such a cut were not justified by the pound's position in the European Community's currency exchange rate mechanism. Mr Lamont, writing in the
      Reuter  -  276 words
    • 999 12 NYT THE GATHERING pace of world recession is all too evident from the diving graphs of commodity prices as the year ended. Some commodity producers are wondering just what has to happen to kick prices upwards. Iraq's August invasion of Kuwait provided gold and oil
      NYT  -  999 words
    • 307 12 IMM 28 DEUTSCHE MARK Open High Low Sett Vol Op/lnt Mar 91 0 6600 0 6680 Jun 91 0 6575 0 6642 EURODOLLAR Open High ***** 0.6673 0 6568 0 6639 Low Sett ***** Vol ***** Op/lnt Mar 91 Jun 91 92.80 92.88 92.84 92.92 92.74 92 84
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  • THE TRAVEL PAGE
    • 1092 13 City FHftrt ETA FHgM ETO I AtaOlMM GA893 1235 GA892 0355 GA974 2135 GA886 2220 Mtfatti SQ228 1910 QF82 2115 QF7 2155 >■■■■ RJ83 0350 Mrtwd— GA893 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Utmm SQ24 2215 nirtini HZ35 1625
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    • 761 13  -  LETTER FROM JORDAN Judith Miller TWO thousand years ago, when the Nabatean civilisation was at its peak, about 25,000 people lived in Petra, long Jordan's most celebrated tourist attraction. In 1989, at this time, 1,200 people a day came here. But yesterday, on New
      761 words
    • 152 13 As at 3pm yesterday; Local dollars to oae unit of fontgi currency Currencies Bid Offer Australian dollar 1.3400 1.3700 Canadian dollar 1.4700 ***** NZ dollar 1.0100 1.0400 Sterling pound 3.3100 3.3400 US dollar 1.7270 1.7430 Local dollars to 100 units of foraga cwTrtf) Austrian schilling 15.90 16.90
      152 words
    • 88 13 Duration Title Venue Organiser Td Jan 19-27 International Germany Stuttgarter (46)711/2389-0 Exhibition For Mexe Und Caravaning, Kongress Motoring, Tourism Jan 21-24 Middle East Manama, Arabian Exhibition 973/*****3 Computer Show Bahrain Management WLL Jan 23-27 International Madrid IFEMA ********** Tourism Trade Fair Duration Title Venue Organiser Td Feb
      88 words
  • Page 13 Advertisements
    • 69 13 Talk of the town Lunch-time is time for a bite. T npd~24J99o k coach's alleged ill-treatment of ELTON I schoolboy players. WANTS kill At The New Paper, we give you SEX gflil these as a matter of course. CHAW®JSP l Check us out daily. Or you'll 1 1 be left
      69 words
  • Page 13 Miscellaneous
    • 299 13 1 One at sea like the chair- JMi "MH~~ ~~HR ■I^B 8 Knightly companion finds I j I I I p° boy in agony (7) so many home were made happy "1 11 Excellent specimen creeper (7) 14 One protecting is watchful by the point (9) iJ 16 Bans deserter
      299 words
    • 182 13 in.■ JJ m TTOna TOT6C3SI Asia-Pacific Hi/Lo* Coat Auckland 23/18 Showen Bangkok 32/23 Fair Beijing -2/-8 Fair Brunei 31/25 Showers Hongkong 13/17 Cloudy Jakarta. 31/24 Showen Kuala Lumpur 33/23 Fair Manila 31/22 Showen Melbourne 24/14 Sunny Perth 27/13 Sunny Seoul 03/-9 Fair Sydney 27/20 Showen Taipei 21/17 Fair Tokyo 11/03
      182 words
    • 33 13 Ring out Tfc. old it uftS it's Titne. mc-To hfwc TPs *T\ \c. vie RIfJG INTW£.N£VJJ P\ RCfITEN Y%P\K, c". JM JRSSSf&g?* SOS*£L.« N-Mery -n 0ne..... O rVEMMO STANDARD CO. LTD.. IM2-IMO Aa~»
      33 words

  • 432 14  -  Need for new spirit of competitiveness By Genevieve Cua THE Singapore Broadcasting Corporation is determined to build Singapore into a regional centre for the performing arts, with SBC as its star. In a speech last night, SBC chairman Cheong Choong Kong spelt
    432 words
  • 271 14 Reuter INDONESIA has established a clove trading monopoly in spite of fierce opposition from major clove cigarette manufacturers. Beginning today, the Indonesian Trade Ministry will oblige all cigarette manufacturers to buy from the newlyestablished Clove Support and Trading Board (BPPC) at prices established
    Reuter  -  271 words
  • 681 14  -  Annual turnover of USs7b; assets in excess of USs3.6b By William Chia EVEN in Indonesia, where the fabulous wealth of its mainly Chinese business elite is legendary, the business empire of Mr Liem Sioe Liong commands awe. The 74-year-old Liem, who shook Singapore's business community
    681 words
  • 268 14 INDUCTING new union leaders, increasing the trade union movement's membership and upgrading workers' skills are the three main targets for 1991 outlined by Deputy Prime Minister Ong Teng Cheong. Other targets set out by Mr Ong for the National Trades Union Congress
    268 words
  • 267 14 Agencies IRAQI PRESIDENT Saddam Hussein, in a televised New Year's message from Baghdad, yesterday invoked Christian and Muslim theology in condemning the US-led build-up on Saudi soil against his forces in Kuwait. He compared US President George Bush to the biblical
    Agencies  -  267 words
  • 282 14 STORED-VALUE tickets (SVT) for the Mass Rapid Transit (MRT) will not be sold after Jan 31. In their place will be the Transit Link Farecards. Announcing this yesterday, the Singapore MRT Ltd (SMRT) said that it has decided to stop the use of
    282 words
  • 185 14 AFP THAI Prime Minister Chatichai Choonhavan has threatened to call snap elections if members of his newly formed six-party coalition government become unruly, it was reported in Bangkok yesterday. "There will be no more Cabinet reshuffles. I will dissolve the House," said Mr Chatichai,
    AFP  -  185 words
  • 628 14  -  The Bottom Line LEONARD SILK LEONARD SILK The writer is a columnist with The New York Times, where this commentary first appeared. WHATs ahead in the new year? The crystal ball (clouded as usual) turns up these items: The Bush administration is backing an
    628 words
  • NEWS ROUNDUP
    • 92 14 THE daily satellite transmission of Singapore Airlines' Worldvision News programme from London will be extended to Los Angeles, Auckland, Sydney, Melbourne, Perth and Brisbane. SIA, the first airline in the world to arrange for an exclusive satellite transmission of current news (from London's Independent Television
      92 words
    • 68 14 TWO political secretaries, Zulkifli Mohammed (Community Development) and Mohamad Maidin Packer Mohd (Information and the Arts), are joining the National Trades Union Congress on a part-time basis. Mr Zulkifli will help coordinate NTUC's welfare programme to encourage unions to adopt homes and engage in community service. Mr Mohamad
      68 words
    • 53 14 A PLANT Health Centre of the Primary Production Department will be opened by the Minister for National Development, S Dhanabalan, on Saturday. The new centre, recently set up at a cost of $2.4 million, will serve as a national resource and referral centre for all plant protection
      53 words
    • 68 14 THE Majlis Ugama Islam Singapura (Muis) has appointed Haji Shafawi bin Ahmad to act as president of the Muis from today. He replaces Haji Ridzwan Haji Dzafir, whose term expired yesterday. First appointed in Aug 1986, Haji Ridzwan had requested on several occasions to be relieved of his
      68 words
    • 51 14 SINGAPORE students are invited to apply for scholarships to study in the United Kingdom in the academic year 1991/92, the British High Commission has announced. These scholarships, for one-year Masters degree courses, require applicants to have a good honours degree and at least two years' relevant working
      51 words
  • Page 14 Advertisements

  • Shipping Times
    • 406 15  -  By Rahita Elias THE PORT OF Singapore Authority in 1990 is likely to have hit the magical five million containers (twenty-foot equivalents) target set for last year and so maintaining its lead over Hongkong as the world's busiest box port.
      406 words
    • 395 15 AP TWO SEA MINES have been found off Saudi Arabia's northern Gulf coast prompting a navigation warning to be issued for those waters, the Londonbased Lloyd's shipping intelligence unit reported last Friday. The mines were found drifting in the vicinity of
      AP  -  395 words
    • 161 15 AFP MULTINATIONAL naval forces implementing an economic embargo against Iraq had intercepted a total of 5,833 ships by last November, US military officials said in a press briefing in Riyadh. On Nov 26, the forces intercepted 67 ships in 24 hours and
      AFP  -  161 words
    • 202 15 AFP BANGIjVDESH flag carrier Biman last Saturday grounded its two British-made ATP planes as the government set up a committee to investigate the latest non-fatal accident involving the aircraft. A government statement, carried by state-run television, said the decision was taken at
      AFP  -  202 words
    • 247 15 THE FIRST Anglo-Vietnam shipping joint venture was established today. Far East Shipping and Trading will ship crude oil from Vietnam to Japan and clean oil from Singapore and the Persian Gulf to Vietnam. Trading house Chemex (UK) based in Middlesex which will also be
      247 words
    • 409 15  -  By Dexter Lee ORIENT OVERSEAS Container Line (OOCL) is planning to launch an independent US west coast transpacific service once its partnership with other major shipping lines on the Far East-US trade routes breaks up in December this year. In a statement recently,
      409 words
    • NEWS SUMMARY
      • 72 15 THE Arab Shipbuilding and Repair Yard Co (ASRY) has signed and agreement with Al Fajor Iranian Shipping Co under which ASRY will repair all ships and vessels which are owned by Afisco. The agreement lasts for a year, but could be extended. "Officials of
        72 words
      • 31 15 RECESSION and higher fuel pnccs arc forcing the US airline industry to rethink the rules on foreign investments in the American air travel market Page 2
        31 words
      • 42 15 ZAPATA CORP announced it needed an additional US$2.7 million in subordinated debentures to be tendered by the close of business on Friday if the drilling firm was to avoid filing for Chapter 11 bankruptI cy Back Page
        42 words
      • 34 15 AFTER a 10-year search, trustees said hey have found the last part of Hilmar Reksten's 850-million-kroner estate. The announcement ended the biggest financial probe in Norwegian history Back Page
        34 words
    • LOG BOOK
      • 85 16 HONGKONG'S flag carrier Cathay Pacific plans to cut the number of Europe-bound flights via the Gulf this month as fewer passengers fly to London for fear of an outbreak of war. The daily service to London via Bahrain will be slimmed down to
        85 words
      • 90 16 BRITISH AIRWAYS has announced that it will add five flights to the existing 26 on its Middle East routes for the next two weeks to repatriate British nationals from the Gulf. Three flights will be added to Riyadh and Abu Dhabi and two
        90 words
      • 73 16 DELTA AIRLINES INC said November load factor fell to 54.67 per cent from 59.89 per cent in November 1989 while revenue passenger miles (RPMs) were 4.55 billion, compared with 4.64 billion in November 1989, Delta said year-to-date load factor was 59.24 per cent compared to last
        73 words
      • 60 16 A SOVIET cargo plane, dubbed the Spirit of Perestroika, has completed the longest non-stop flight in aviation history, a representative of Antonov Airlines in Australia said. The Antonov AN 124 landed back at Melbourne airport, having flown 47,000 km over the two poles in 72
        60 words
      • 42 16 AER LINGUS, fighting rising fuel costs and weakening traffic demands, said that it would defer the start of Los Angeles-Ireland passenger service until at least 1992 and take other cost-cutting measures, including suspending Los Angeles-Ireland freight service.
        42 words
      • 55 16 ANANGEL-AMERICAN Shipholdings Ltd said it expects to report a profit of about US$7 million in results for the second quarter ending Dec 31 due to the sale of its bulk carrier MV Alpha Flama on Nov 13 for US$l5.6 million. It retains 16 dry cargo
        55 words
      • 90 16 THE INDIAN central government has provisionally rejected the offer of CMB Transport (a subsidiary of CMB Lines) for the construction of an additional container berth and installation of a crane at the Jawaharlal Nehru port (formerly known as Nhava Sheva). The proposal did not
        90 words
    • 1441 16  -  Recession and higher fuel prices are forcing the US airline industry to rethink the rules on foreign investments in the American air travel market. John Cushman Jr reports. John Cushman NYT AMERICA'S airlines, many of them burdened with debt, have plunged into a crisis under
      NYT  -  1,441 words
    • 966 16 Jan 18: The Fifth Chua Chor Teck Memorial Lecture on Hull Structural Failures Repairs by Profesor M. Mano, of Kinki University, Japan at the Auditorium, Singapore Polytechnic. Lecture at 6.00 pm. For further enquiries call Ms Yeo at 278-9444 Jan 24-27: Airport, Port and Transport Exhibition APEX '91,
      966 words
    • 12530 24 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,530 words
    • 3281 29 Amc-_nu.au Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Bysims Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahicakiel Liner Service: Kim Shpg A Trdg (S). Aibntros Sea-Air Service Frata Shpg Pte Ud (S). Alfred C
      3,281 words
    • 243 29 Altai Cornier* Td: 545-8011. Fax: *****98 Air Express Travel Td: 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844. Fax: *****16, *****80 Airswift Worldwide Courier Td: 278-0188 Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak lateraatioaal Td: 344-3377. Fax: *****50. Clatter liak Supplies A Services
      243 words
    • 1476 29 Abex Expreaa Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td. 225-1833. Fax: *****42. A aim Cj ACUTBII xr^piporf Td: 542-7822. Fax: *****20. Aeroiink Freight International Td: 545-8033. Fax: *****05 Aeroapeed Td: 542-5911. Fax: *****18. Air Cargo Novo Expreaa Td: 542-5454. Fax: *****06. Air Expreaa lateraatioaal Td: 542-7666. Fax:
      1,476 words
    • 1561 30 AUSTRALIA Gladstone: Coal: Clinton I and 2: 1 vessel loading, 2 waiting; 12 vessels due by Jan 14; 5 days delay expected. Barney Point Coal: berth vacant; 5 vessels due by Jan 29; no delays. Auckland Point Coal: berth vacant; 1 vessel due by Dec 31; no delays.
      1,561 words
    • 546 30 ARRIVALS Op Flight Type ETA T Froa TOOAY ML JL617 B747F 0200 I NRT KAL KE697 B747F 0220 I SEL NCA KZ205 B747F 0310 I NRT CLX CV796 B747F 2230 I LUX/AUH/KUL TOMORROW CAL CI333 B747F 0115 1 TPE AZA AZ995 BC8F 0235 1 SYD SIA SQ801
      546 words
    • 106 30 VESSELS SOLD FOR FURTHER TRADING Bulk cantors Spring Eagle: 37,631 dwt and built 1983, sold to Far Eastern buyers for a price in the region of U»12.7 to US$l2.B million. Dang Murni: 17,032 dwt and built 1974, sold to Taiwanese interests for about US$2.2 million. Otters J arena:
      106 words
    • 386 30 CRUISE FERRY SCHEDULES CRUISE SNIPS An Pep Ng> of Veaael ETA ETD Port Age* Parti of Calb MMMIV 01 03 Andaman Princess 2100 1900 Lines International Penang-Sin-Phuket 05 OS Sea Goddess II 0800 1800 Thoresen Co Penang-Sin-Pdangi 06 06 Oceanos 0800 1200 Wallem Shpg HoChiMinb-Sin-Cokmbo 06 07 Song of Flower
      386 words
    • SHIPS IN PORT
      • 549 31 VmmI Voy No Bartti Armal D«p*tur» Keppel Wharves Ah Endeavou 30£B CIO alongside 31 12/2359 Kota Benar E878 K31 alongside 01 01/2300 Kola Berani E 879 K32 alongside 31 12/1500 Masashima M 1A K34 alongside 0101/1200 Sg Of Flower *****2 (P K29 alongside 31 12/2230 Shenandoah 1
        549 words
      • 1271 31 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Batonce Rdts Shfi Voy No Etb/Btr Period From To From ACX Daisy 7A 01/2100 2 30/1700 31/0659 31/0900 y 4 31/1200 31/1*59 31/1700 ACX Jade 28A 02/1900 31/1200 31/1*59 31/1700 Aka Bhun, 452N 02/0645 3 31/0700 31/1159 31/1400 4
        1,271 words
      • 406 31 Port Klang Berth at South Port on Dec 28: 1: Petro Bulk Jaguar. 2: Pacific, Stainless Ring 3: mi: 4: KD Indrasakti; 5: art; 6: Smar Asean, Kin Line No 1; 7: Cheung King; 7A: Hong Leong, J.SheH: Petro Mewah. KCT: 8: Anro Melbourne; Ocean Sincerity, Anson;
        406 words
    • 881 31 FIXING activity was limited on Friday in a quiet post-Christmas holiday market that saw the Baltic Freight Index (BFI) marked down four points to 1.446. Most business was seen on the US/Japan grain routes. US Gulf/Japan was fixed at a steady US$25 a ton for 52,000 long tons
      881 words
    • 365 32 UPI ZAPATA CORP announced it needed an additional US$2.7 million in subordinated debentures to be tendered by the close of business on Friday if the drilling firm was to avoid filing for Chapter 11 bankruptcy. "Without successful bond tenders,
      UPI  -  365 words
    • 376 32 AP AFTER a 10-year search, trustees said hey have found the last part of Hilmar Reksten's 850-million-kroner (US$l4O million) estate, and now they can start to pay back creditors of the bankrupt shipowner. The announcement ended the biggest financial probe in Norwegian history. Newspapers turned
      AP  -  376 words
    • 515 32 NYT WHEN the GTE Corp wants to know whether it is doing a good job delivering telephone service, it compares itself to the Bell companies or to overseas telephone companies. When it wants to see if its telephone equipment matches the
      NYT  -  515 words
  • Page 15 Advertisements
    • 322 15 S' SWEE HEN 6 METAL CO PTE LID 13. TUAS AVt 14. SINGAPORE 226J T6L£* R3 ***** SMMCH. TEL: 861 M 55 (STELEFAX Mi UHI ACtta ff 11F[MOUfOH MUtM Comator lIIAIIJkNO, INOUNf.IM Omml ft IM mil iffun CanLn® Mjndtai* Sfclte Truck*' S«safc*» c PmMmt Truck* AJ*o buy. M* A r«p**
      322 words

  • Page 16 Advertisements
    • 156 16 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 daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      156 words

  • Page 17 Advertisements
    • 2158 17 JARDINE SHIPPING AGENCIES %mll«# 200 Cantonment Road #12 OS Soothpo.nt, Smppore 0208 I \llVfr Tel *****11 TELEX NO RS ***** ?tT f Illim TERMINAL/CES Tel *****18 220 •-m Wt p Prrrn bookings t* *****34 23s BmH A. \Ww'M °ESAKA JARDINE SNIPPING AGENCIES BHD PORT KELANG TEL: *****18 TELEX NO MA*****/MA39TOI
      2,158 words
    • 945 17 INDEX TjuorafflSEßS Pa «e Col Page Col I*•I I I ABC Containerline 13 5 Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 Maeoline 18 2/3 Albatros Sea-Air 14 4 oMaerskLine 3 4/5 oAPL 5 3-5 oMISC 14 1-3 APC Line 13 4 M'sia Shpg Corp 9 1/2 Arrow Lines 9
      945 words
    • 357 17 v; w r MAERSK mishes all customers f and friends a jir n jl Prosperous ATI d I 1 f I i HnHP2tBHi|||fI|i||CnQDpSQ]3HHK&QOSSSHH|||H VESSEL SPORE P SUDAN ALEXANDRIA PIRAEUS BENGHAZI VAUETTA TARPON SANTIAGO V07A12 10M 2vl 29ri V 2 8/2 W2 Utt J SPORE DJIBOUTI ADEN JEDOAH TRIPOLI CASABLANCA nikolas
      357 words

  • Page 18 Advertisements
    • 1255 18 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HONG KONG EXPRESS 98/501 3/1 28/1 22/1 24/1 21/1 27/1 CITY Of EDINBURGH 93/503 5/1 22/1 25/1 27/1 TOKIO EXPRESS 97/505 13/1 30/1 1/2 4/2 BENAVON 98/508 20/1 6/2 8/2 11/2 MONTE ROSA 11/507 24/1 18/2 12/2
      1,255 words
    • 476 18 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANG2I-28/1 9/2 11/2 16/2 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP L. J. BONTANG2I-28/1 1/3 2/3 5/3 Also accepting Cargo to Callao (Peru) via Valpa Agants: SINGAPORE: *****56
      476 words
    • 1380 18 BSmiMii M&mm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTB6uno Fbn tUBOPE VSL A/0Y SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ML) h AM) ROT) NORASIA SAMANTHA 9043-3 01/01 21/01 22-01 26/01 27/01 28/01 29/01 30/01 31/01 NORASIA SUSAN 9044-3 06/01 27/01 28-01 02/02 03-02 04/02 05/02
      1,380 words

  • Page 19 Advertisements
    • 769 19 ritime Holdings Ltd TOsk Containers HffßfsßSTO?.'g7lf™'n flrt> "l« Krte I (\\btt IS Hot Chiang Road irot-02 to 06 Santocd ButMlng I I Wgf 5, "W0« »«»3 Facalmlto *****37/*****17 I STRAITS CONTAINER AGENCIES P/L CR WO: **********0W I OUR BUSINESS ASSOCIATES, ANDpj| FRIENDS |S K A HAPPY If Ppfe AND I
      769 words
    • 1616 19 TO: EUROPE TO:FAR EAST SPOftE HK MO ROB BO SP IN ROM HAM NVN ("bRE FIX HANIIN Li HAVRE Biff 1/1 V> *1 U/l HANIIN ROTTERDAM 017» VI Till 2*ll »1 77/1 77(1 JBfl HAHJtN rELEXSTONE MS€ 7/1 Vjjl 1W U1 171 CHOYAMG VICTORY 007W 111 W1 11/1 WW W
      1,616 words
    • 387 19 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL EASTERN CHAMPION AMBALIKA PEARL TRADER VOY NO 1 M Sport In Pt VI W P. Kelanj 7/1 W Yangon Mongla Chittagong Calcutta Yokohama 10/1 22/1 24/1 Nagoya 20/1 22/1 Osaka Senboku I«1 2*l Hochiminh NOTE ALSO CALLING OTHER JAPANESE PORTS.
      387 words

  • Page 20 Advertisements
    • 619 20 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL.VOY S PORE ROAMAOAM H BURG BREMEN ANTWERP KUTAI/21WB m Port 30/1 S/2 UV2 12/2 IKTARAM/2MB W 11/3 15/3 17/3 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub*«ct to inducement Atoo accepting cargo 10 CaMblanca. Port Sakl. Port Alexandria. Ganoa. Trlaata ALSO ACCEPTING
      619 words
    • 667 20 ItfIHANJIN SHOPPING I W*y FULL CONTAINER SERVICE r? lieu rim ANft HAM RRV FtL FltOW VSI SIN LINE HAUL LA* OA* ptn" 1 ™rnST rn m SSS!:HSS?offU iS r£u»«» S3 S! aarassrjr hsi h» •>» HANJIN TONCHAE MOW 27/1 114/2 1M I*2 1W >W I*2 N8 T/S AT PUSAN h/■!.J.TallAfU!M^»W|>>i
      667 words
    • 259 20 JMZ EUROZONE FREIGHT SERVICES PTE LTD NO JO. MAXWtIL HOAO II? IB MAJTWf U MOUSf •MOAfOnt 010* tr nuwiKLMES) iw msii rut «s »«wo tm »rx Weekly Expren* FCL LCL CONSOLE SVCS. TO/FROM: TAIWAN HKG BKK USA UK EUROPE Service* To: BRUNEI. E. MALAYSIA F EAST PORTS PROVIDE INT I
      259 words
    • 1217 20 1 d I rl""T3"EP"^fc P. SOP HKC KSC KLC PUS NKT OSK NCT SM2 TYO LA* CHS BAL NYC LMV ANW RDM TMP HK WO ON PIU SOP ■h re 030 in 1/I*l*lll/11*11*11*11*12*121/1 www w 2*2 va an w Jg w22 I IRE 034 *1 11A I*l w llfl nil
      1,217 words

  • Page 21 Advertisements
    • 1765 21 #r s=— NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 k AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48*. TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA L rt x CICOQ
      1,765 words
    • 337 21 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: *****41 *****8 JOHORE BAHRU: *****1/ *****1 BEST WISHES TO ALL CLIENTS AND 1 FRIENDS FOR A VERY HAPPY PROSPEROUS NEW YEAR AND THANK YOU FOR YOUR CONTINUOUS
      337 words

  • Page 22 Advertisements
    • 1460 22 I MB mmm mm AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) I TEL *****77 TELEX KAWAKIRS23I6S fAX *****79 I H I 1M MALAYSIA HARPER WIRA A Jk TEL PJ *****22 PK *****01/5 PENANG 628b7b JB *****1 WkHHB KAWASAKI KISI'N KAJSHA. LTD. INDONESIA p T saranalautinternusa tel jkt
      1,460 words
    • 1161 22 t.M PHILI ORI€NT UN€S PT€ LTD 108 ROBINSON ROAD »07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/2238Z69/2251 800 TELEX RS 28/20 PHILI FAX *****76/*****38 BY A,R M/VD OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5 JAN MONTREAL, OTTAWA. TORONTO, 7 JAN
      1,161 words

  • Page 23 Advertisements
    • 820 23 i£L lU: —7C M 7j m H fr £B* m ws r a WE THANK ALL OUR CUSTOMERS, RUSINESS ASSOCIATES AND FRIENDS FOR THEIR SUPPORT AND WISH ALL OF THEM A HAPPY AND PROSPEROUS 1991 FROM PACIFIC INTERNATIONAL LINES (PTE) LTD SB?| MHV PtL Building, 140 Cecil Street #03-00, Singapore
      820 words
    • 1118 23 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m JLm Fax: *****63 Singapore Telex: RS ***** m EXPRESS CONTAINER SERVICE TO UK/CONTINENT M VESSEL |VOY SPORE PKLANG S HAMPTON HAMBURG BHAVEN ROAM L HAVRE Hong Kong Express' 98/501 3/1 28/1 22/1 23/1 21/1 27/1 City of
      1,118 words
    • 336 23 Mb MYANMA nVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Qdg PINYA VII2W Sailed In Port PAGAN VI&SW 30/1 Jan MYOMAYWA VI3IW 1/10 Jan HPA-AN VISIW 4/t Jan BANK UNI (A service o< Andrew Weir Shipping) W SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS
      336 words



  • Page 26 Advertisements
    • 830 26 jjjUSKHLIWESn N INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBC THUERINGtN WHIO3 2/1 30/1 29/1 1/2 11/1 27a GERMAN SEN NTIM VI 24,1 25/1 17/1 21/1 PARIS UN WnOS 12/1 3/2 4/2 7/2 SACHSEN NMIO4 15/1 10/2 *2 12/2 11/2 1/2 PANAMA
      830 words
    • 1092 26 L£ISTAL„~ CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 5 JAN a 12 JAN LONOON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON NAMNR6 MANCHESTER Li HARVE AND ALL EUROPE MLANO DESTINATIONS FAR EAST PORT KELANG 4/01 11/01 MANILA 5/01 A 12/01 PENANG 4/01 11/01 BUSAN 5/01 4 12/01 BANGKOK
      1,092 words
    • 179 26 LOADING FOR VtSSll SPORE COO DSN OAIAES MVIOCO *10 ITS WIT PA6UA MOSTWfEN I 24/3 »4 10|4 Ol* 27/4 OPT v nsn 2 DISCHARGING FM BRAZIL VESSEL SFOftE HKG MML KEE TOK NGO KOt ■OSriKEN I VIISBII 27/2 *11 #3 120 uo Regular BBulk and Container Sorvkra 01 rod lo
      179 words
    • 1199 26 W CHINA OCEAN SHIPPING COMPANY FULD CONTAINER LINER SERVICE tel: 2, Ml ST RI ROAO, HMC BUILDING TELEX.RS ttUO CO SHIP #15-00, SINGAPORE 0207 pl r W f IUC CR NO U7S7B9OOOQM CABLE: COSTARLINE General Agents: OOSTAR SHIPPING PTE LTD TOmnopt VESSEL/VOY SO FLX ROT HAM ANT D*K VESSEL,VOT fLX
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  • Page 27 Advertisements
    • 755 27 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destn.s 5/1,11/1 I EUROPE all Ports 5/1, 12/1 BANGKOK 5/1, 9/1 HONGKONG/CHINA 4/1, 8/1 SYD, MEL, ADEL, BRIS 3/1, 6/1 FREMANTLE 8/1, 13/1 MANILA 4/1, 11/1 PKLG/PENANG 5/1, 12/1 Port Kclang BrancD Tel: *****21/2/3 Fax: *****24
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    • 685 27 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEOCR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL
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    • 601 27 I^| BANGKOK CEBU/MANILA 1 VESSEL VOY SINGAPORE BANGKOK VESSEL VOY rPORtI CtBU MANILA SIAM PAETRA 59N 2/1 Sat 5/1 KIT! BHUM 018 4/1 10/1 12/1 JENLINK 38N Thur 3/1 Sun 6/1 SO STAR 02A Ufl 17/1 19/1 NANTA BHUM 22W Thuf 3/1 Sun 6/1 KITI BHUM 038 18/1 24/1 26/1
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    • 269 27 WISHES I ALL OUR I VALUED CUSTOMERS RUSINESS ASSOCIATES AND FRIENDS I A HAPPY AND I PROSPEROUS I 1991 I WHHr fJgk FARGO I mwVONTAINER LINES I I Tel: *****22 J f DESTINATION ETA SINGAPORE BANGKOK 5/1, 12/1 J HONGKONG 6/1, 13/1 MANILA 5/1, 12/1 KEELUNG/KAOHSIUNG 6/1, 13/1 LAE/PORT MORESBY
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  • Page 28 Advertisements
    • 1007 28 MAC-NELS SINGAPORE UM»T tei 22g;02? IMMWT TEL 22i«002 TEL: (04) *****6 IKK TEL: (088) *****0 TAWAU TEL (089) *****' I l|p KELANG TEL: (03) *****77 IkuCHING TEL (082) *****3 SKAN TEL (089) *****; Jlj BAHRU TEL: (07) *****2 IsißU TEL: (084) *****2 LABUAN TEL (08/) ***** TEL: (21) *****32 IMEDAN
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    • 389 28 3 IHHHHTTTTTnrWTmHHH Ijflfgfc blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LVT PROSPECT 10S 3 Jan II Jan Via
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    • 1116 28 Jgm THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES)"" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL WOT ETA OEST VESSEL VOY ETA OEST KIM SOON LI 01/91E 05 JAN
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  • Page 30 Advertisements
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    • 116 30 MANILA FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 26N8 06/01/90 11/01/91 VIGOUR PACIFIC 27N8 20 01/91 VIGOUR PACIFIC T 28NB 25.0191 30 01 91 ALSO ACCEPTING CARGO TO CEBU JAKARTA VIGOUR SHIPPING AGENCIES PTE LTO PONT KELANG EAGLE LINER (M) SON OHO PT CATUR BENUA INTERNUSA NO 2
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    • 58 30 interoceanN OOline 2nd Floor, JaUrn 2m. Tmmmn Tun Or. Imm*, MM KL. Tot 71W7* *****#*, *****H TLX. NO. MA-J7W3 FAX: »-717»11 P*nang Oft T«fc 9M07, MM« UCUFCL LOADING FOP AUSTRALIA SYD. MELB, ADE, BRIS. FREM UK/EUROPE LE HVE, HBG, BREMEN. R'DAM, GENOA. ANTWERP. UK PORTS SCANDINAVIA USA WEST EAST COAST,
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  • Page 31 Miscellaneous
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  • Page 32 Advertisements
    • 251 32 CHARTPOINT Every Saturday in Business Times KWE-Kintetsu World Express (S) Pte Ltd (SEA FREIGHT DIVISION) WEEKLY CONSOLIDATION SERVICE TO JAPAN FCL/LCL TOKYO/YOKOHAMA/ 1/1/91 KOBE BANGKOK 1/1/91 KEELUNG/KAOHSIUNG 1/1/91 HONGKONG 1/1/91 TEL: *****66/7/8 TLX: R*****1 FAX: *****20 I '"fIH PERKINS SHIPPING perkins DIRECT SERVICE TO DARWIN WITH CONNECTIONS TO PT HEDLAND/BROOME
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    • 628 32 CHARTPOINT Every Saturday in Business Times riMiTL*vKj! \y9 nTII^?P *1U |F«*k from TvoJ PNCIPKL ■Moth*' Vmml TvoJ SIN LA* OA* ►KXJ OAL CHI; I NOP I MEM I NYC ■>ur>" BUNGA KEMUNINC 77» 24/12 AUICATOB VICTORY V ***** 7/1 2VI 27(1 2KI »1 2»1 ».l »/l IB OUR USA BUNCA
      628 words