The Business Times, 8 January 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday January 8 1991 75*
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  • NEWS SUMMARY
    • 63 1 MALAYSIA will use privatisation to the maximum to ease infrastructural constraints faced by its booming economy, Malaysian Prime Minister Datuk Seri Mahathir Mohamad said yesterday. At a banking seminar in Kuala Lumpur, he said privatisation was the only way to overcome infrastructure bottlenecks, which along with
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    • 34 1 JAPAN'S Ministry of International Trade and Industry is seeking government and private funds to set up a supercomputer centre for international scientific research, a ministry official in Tokyo said yesterday.
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    • 20 1 SINGAPORE'S oil exports in October showed a remarkable jump thanks to higher oil prices Page 2
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    • 33 1 THE INTERNATIONAL Monetary Fund and the Aquino government resume this week loan negotiations which officials say are crucial to the Philippine economy over the next 12 months Page 7
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    • 36 1 THE BUSH administration has turned more truculent in its economic relations with Tokyo, reflecting both frustration over Japanese trading policies and unease over the wave of Japanese investments in the US Page 9
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    • 36 1 A VISIT by Japan's Finance Minister to China is likely to boost Japanese investment, which is increasing slowly after Beijing's crackdown on stu-dent-led protesters in June 1989, say government officials in Tokyo Page 9
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    • 26 1 FILM STAR Mel Gibson may not make the most brooding Hamlet, but director Franco Zeffirelli says he must be the sexiest Page 15
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    • 32 1 FRENCH national carrier Compagnie Generale Maritime is strengthening its presence in Asia and upgrading its services to build up a comprehensive global network by next year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 43 1 PRICES of leading shares in New York dipped in early trading on Wall Street yesterday, with the Dow Jones industrial average down 19.31 points to 2,546.78 five minutes into the session. Last Friday, the index closed 7.42 points lower at 2,556.09.
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    • 38 1 SHARE PRICES in London were slightly lower at midday yesterday, confined to a narrow range in listless activity. At about 1200 GMT, the FTSE 100-Share Index was down 2.5 points, or 0.1 per cent, at 2,123.6.
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    • 28 1 MALAYSIAN stockbroking group Rashid Hussain Bhd and Singapore's GK Goh Holdings have teamed up to acquire a Malaysian securities house in Malacca. Page 3
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    • 22 1 SEMBAWANG AVIATION has set up a representative office in Beijing and could move into regional airline services Page 3
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    • 36 1 THE New Straits Times Press (M) Bhd annual general meeting yesterday rejected a resolution for the re-election of acting managing director Datuk Nik Ibrahim Kamil as a director of the company Page 3
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    • Article, Illustration
      29 1 Monday Change BT-MGA 582.85 -2.21 Kuala Lumpur ....495.63 -2.04 Hongkong 3,026.52 -20.09 Tokyo 23,736.57 -332.61 Sydney 1.239.5 -2.0 Friday Change New York 2,566.09 -7.42 London 2,126.1 +8.3
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    • 18 1 Exchange rates US$ SSI.7565 Yen SSI.2887 MS SS0.6458 Money market rates Overnight 4-1/8 -1/8 3-month 4-5/8 unch
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    • 35 1 London Gold AM fix USS391.00 +USS2.90 Rubber S'pore Feb 151.50*/kg +0.75 M'sia Feb 237.00«/kg -0.50 KL Tin Turnover 76 tonnes+62 Spot MS 15.20/kg +0.30 Crude palm oH Turnover 2,534 lots +720 Jan M$899/tonne +4
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  • 473 1 Infrastructure and foreign debts take lion's share AFP INDONESIA yesterday announced plans to raise spending by 18 per cent in the 1991-92 fiscal year to 50,555 billion rupiah (U5526.6 billion), with most of the rise going to finance infrastructural projects and repay foreign
    AFP  -  473 words
  • 441 1 The Gulf Crisis Agencies US SECRETARY of State James Baker arrived in Europe yesterday for lastminute consultations with America's Western and Arab allies to strengthen their war resolve, while preparing to hold crucial talks with his Iraqi counterpart in Geneva. He arrived in London from
    Agencies  -  441 words
  • 280 1 FEARS that the Gulf crisis is headed toward a bloody resolution sent major Asian and European stock markets lower yesterday but gave the US dollar, oil and gold a boost. Just three days before a face-to-face dialogue with the US, Iraq vowed not
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  • 353 1  -  By Quak Hiang Whai THE SINGAPORE dollar is expected to ease further against the American currency which is gaining strength on Gulf tensions, dealers said yesterday. But most observers agree it will not be for long. Dealers predicted the local currency
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  • 250 1 Bernama MALAYSIAN Prime Minister Dr Mahathir Mohamad yesterday dampened speculation that his Finance Minister, Datuk Paduka Daim Zainuddin, was resigning. He admitted that Datuk Paduka Daim had at various times expressed a desire to resign but that he (Dr Mahathir) had
    Bernama  -  250 words
  • 235 1  -  By Schutz Lee THE Government of Singapore Investment Corporation (GIC) recently set up two investment companies with a combined authorised capital of $220 million. One of them is called Eurovest, which suggests that its activities will be in the European market. It has an
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  • Page 1 Advertisements
    • 155 1 Nikon The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 World News 9 Commodities 24 Money Market 23 Cryptic Crossword 25 Regional News 7 Editorial 10 Regional Stock Markets 22 For market indices, editorial, Financial News 6 SES 17,18 advertising and circulation exFutures Options 23 Share Information
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  • HOME NEWS
    • NEWS ROUNDUP
      • 105 2 1 HE PRIME RATES of the United Overseas Bank Group go down by a quarter point from today. In line with industry trends set by DBS Bank and OCBC Bank, the prime lending late of UOB, Chung Khiaw Bank, Far Eastern Bank
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      • 72 2 TO HELP ADVANCE the national economic strategy, Singaporeans must adopt a global perspective and be proficient in important international languages, said Dr Tay Eng Soon, Senior Minister of State for Education, yesterday. Speaking at a seminar on the French educational system and the admission of
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      • 55 2 A FORMER NAVY OFFICER has been appointed to the new position of director of operations and planning in the Singapore Tourist Promotion Board. A commander in the Republic of Singapore Navy for almost four years, Yeo Nai \leng was vice-president of SKF Asia-Pacific prior to
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      • 96 2 ARCHIVE and library custodians from the six Asean nations are attending a two-month course here on the conservation of materials. The course, conducted by experts from the UK, US and Germany, is the first held here under the auspices of the Seameo Regional Centre for Archaeology and
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    • 166 2 THE RUBBER Association of Singapore (RAS) has elected its management committee for the two-year term beginning Jan 1, 1991. RAS executive secretary Leong Thim Fook said in a statement yesterday that the appointments had been approved by the Deputy Prime Minister and Minister for Trade
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    • 409 2  -  Increase in oil prices a significant boost By Genevieve Cua TOTAL TRADE grew by 18.7 per cent, at current prices, in October last year, boosted largely by escalating oil prices in the aftermath of the invasion of Kuwait. The Trade Development Board released the
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    • 297 2 SINGAPORE is living proof that there is such a thing as a competitive nation and ideology is perhaps a nation's most competitive advantage, according to Professor George C Lodge who teaches at Harvard Business School and is visiting Singapore as Lee Kuan Yew
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    • 251 2 AN AMERICAN machine maker in Singapore will be moving its manufacturing operations back home as part of its restructuring. However, Bridgeport Machines Singapore will expand its sales and technical support functions in Singapore to cover the East Asian and Australasian regions. Existing staff at
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    • 271 2 MALAYSIAN properties, both in the commercial and residential sectors, appear to be attracting the most attention at a real estate show now on at the World Trade Centre. One company which has done extremely well is Cosmopac Investment. In the three days
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  • Page 2 Advertisements
    • 71 2 BPS Ml WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO SOUTH KOREA. 1* c y We've reduced the IDD rate to South Korea by up to 66% Which means that the Standard Rate is now $2 80 and Economy/Weekend $1 90 per block ot one minute So you
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 428 3  -  Firm also looking at starting flights between Singapore and China By Rahita Elias SEMBAWANG's fast expanding aviation arm has set up a representative office in Beijing to tap China's vast potential in the aircraft maintenance and servicing field. Mr Ng Pock Too, the group's
      428 words
    • 484 3  -  By William Chia MALAYSIAN stockbroking group Rashid Hussain Bhd and Singapore's GK Goh Holdings have teamed up to acquire a Malaysian securities house in Malacca. RHB announced yesterday that it was acquiring a 51 per cent stake comprising 1.02 million shares in Chuaco
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    • 404 3 Bernama Reuter THREE stockbroking firms face suspension for failing to raise their paid-up capital by the Dec 31 deadline, Kuala Lumpur Stock Exchange (KLSE) executive chairman Nik Mohamed Din bin Datuk Nik YusofT said. He told newsmen after witnessing the start of
      Bernama; Reuter  -  404 words
    • 252 3 GOLD COIN Ltd, which sold its livestock feed business in June last year to In-donesian-controlled KMP Pte Ltd, has acquired a 70 per cent stake in a Malaysian company in Johor. The Singapore-listed company said yesterday that it has subscribed
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    • 292 3 Bernama THE New Straits Times Press (M) Bhd annual general meeting in Kuala Lumpur yesterday rejected a resolution for the re-election of acting managing director Datuk Nik Ibrahim Kamil as a director of the company. Company officials declined to speak to
      Bernama  -  292 words
    • 188 3 Bernama CYCLE AND CARRIAGE Bintang Bhd, the motor group which holds the Mer-cedes-Benz and Mazda franchises in Malaysia, is optimistic that its 1991 results would be satisfactory. C&C Bintang chairman Tan Sri Haji Basir Ismail said this was based on the improved efficiencies of the various operating
      Bernama  -  188 words
    • 207 3 MR LEONG CHEE WHYE, who took over the helm of publicly-listed United Industrial Corporation (UIC) from Mr Oei Hong Leong just before the New Year, has been appointed president and chief executive officer of Singapore Land (Sing Land). Mr Leong's appointment took effect
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  • COMPANY BRIEFS
    • 116 3 HONG LEONG Credit Bhd yesterday reported a 38.3 per cent increase in its group pre-tax profit to M 535.18 million for the year ended June 30, 1990, up from M 525.44 million previously. Group turnover jumped 44.4 per cent to M 5214.30 million
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    • 66 3 THE Stock Exchange of Singapore yesterday queried InnoPacific Holdings further on its acquisition of 12.86 million shares in Lucky Man Properties for HK534.55 million. Among others, it wants to know the names of the shareholders and beneficial owners of each of the vendors of the 12.86
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    • 64 3 GENTING Bhd has failed in its appeal for an upward revision of the sale consideration of M 550.12 million for the proposed divestment of 54 million ordinary shares of Msl each representing the entire issued and paid-up share capital of Sabah Development Co Sdn Bhd to Asiatic
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    • 43 3 NYLEX (M) Bhd said its proposed acquisitions of a 51 per cent stake in Malaysian Roofing Industries Sdn Bhd and 100 per cent in ACI Philippines Inc were approved by shareholders at an extraordinary general meeting on Dec 31, 1990.
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    • 53 3 NANYANG Press (M) Bhd has appointed Mr Ng Kon Loong, Nik Mahmood Haji Nik Hassan and Mr James Lim Cheng Poh as additional directors of the company with effect from Dec 27, 1990. The company also announced the resignation of Mr Abu Bakar Razak from
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    • 49 3 MALAYAN Cement Bhd says DA Simpson has resigned as a director of the company on Dec 31, 1990 following his retirement from Blue Circle Industries pic and was replaced by Hugh G Beevor, chief executive of Blue Circle Overseas, London, from Jan 1, 1991.
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    • 99 3 THE Temerloh Rubber Estates Bhd has estimated and forecast group profit before tax but after minority interests and pre-acquisition profits of about M 5488,000 and M 55.44 million for the years ending Dec 31, 1990 and 1991 respectively. The estimated and forecast gross earnings per share for
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  • Page 3 Advertisements
    • 113 3 This announcement appears as a matter of record only PAfMIIM BANK P. T. PAN INDONESIA BANK (through its Cayman Islands Branch) U5532,000,000 TRANSFERABLE REVOLVING CREDIT FACILITY Arranger SCHRODER INTERNATIONAL MERCHANT BANKERS LIMITED Lead Manager MANUFACTURERS HANOVER TRUST COMPANY, SINGAPORE BRANCH Co-Lead Managers UNITED OVERSEAS BANK LIMITED WESTDEUTSCHE LANDESBANK GIROZENTRALE, SINGAPORE
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 89 4 ASAHI BREWERIES Ltd is considering assisting state-owned Hungarian brewer Kobanyai Sorgyar with production skills, an Asahi spokesman said. Asahi will send several engineers and marketing employees to Hungary this month to look at the feasibility of a tie-up, he said. Kobanyai produces 400,000 kilolitres of
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      • 89 4 NEC CORP has developed an experimental opto-electric processor that packs 1,600 semiconductor lasers on one chip, a spokesman said. NEC, which two years ago developed an opto-electric integrated circuit, is the first to link four optoelectric processors together in parallel, he said. This establishes the
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      • 86 4 TOYOTA MOTOR Sales USA, a unit of Toyota Motor Corp, said its combined 1990 US car and truck sales in the United States totalled 1,058,005 compared with about 861,000 in 1989. The company also said combined car and truck sales in the five-state South-eastern United
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      • 91 4 STATE-OWNED Taiwan Power Co will issue NT$4.9 billion of corporate bonds tomorrow to finance its power projects, a company official said. The new five-year issue is part of the company's plans to float up to NT$24 billion of bonds in fiscal 1990/91 to end-June, he
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      • 83 4 JAPANESE EXPORTS of colour television sets soared 84.6 per cent from a year earlier to 366,000 units in November, the Electronic Industries Association of Japan said yesterday. Exports of video-cassette recorders were also brisk that month, surging 43.6 per cent to 2.42 million units, the
        83 words
      • 54 4 NIPPON MINING Co Ltd will start mass producing fourihch gallium arsenide wafers for use in semiconductors in April, a company spokesman said. Initial production is expected to be 1,000 wafers a month, he said. Gallium arsenide semiconductors can process data faster and consume less power
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    • 660 4 Reuter THE JAKARTA Stock Exchange has a New Year resolution: to clean up its act. "We want a fair market. We don't want any more hanky panky," says Marzuki Usman, chairman of the state body Bapepam which supervises the exchange and which
      Reuter  -  660 words
    • 166 4 Reuter NEC CORP and trading firm Mitsui and Co Ltd have won an 880 million yen order for an Intelsat earth station from the central Soviet republic of Uzbekistan, an NEC spokesman said in Tokyo yesterday. This is the first time a Soviet
      Reuter  -  166 words
    • 373 4 ONE of Asia's largest dyeingmachine manufacturers, Fong's Industries, has posted an 11.6 per cent increase in profits for the six months ended September 1990, according to a report in the South China Morning Post. The recently announced results showed that turnover for
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  • Page 4 Advertisements
    • 58 4 WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO AUSTRALIA. We've reduced the IDD rate to Australia by 20% Which means that the Economy/Weekend Rate is now $1 60 per block of one minute So you get more talk for less Call IDD. It costs so little but does
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  • INTERNATIONAL COMPANY NEWS
    • 416 5 Reuter THE FUTURE of British advertising agency Saatchi and Saatchi Co pic is again in jeopardy after objections by creditor banks to plans for restructuring its finances. A British newspaper. The Independent on Sunday, reported that Citicorp of the US was one
      Reuter  -  416 words
    • 556 5 NYT AT A TIME when fewer mass-market paperbacks are being sold, Little, Brown Co is preparing to start publishing them. When some industry executives learned about Little, Brown's intentions almost six months ago, they likened it to a suicide
      NYT  -  556 words
    • 310 5 UPI INTERNATIONAL Business Machines Corp has won a contract worth up to US$34O million to help the Internal Revenue Service improve its collections of delinquent taxes, the IRS said. The contract awarded to IBM's federal sector division has a fixed price with
      UPI  -  310 words
    • 167 5 Reuter JORDAN MARSH plans to close four underperforming department stores as part of a plan to strengthen its overall performance in a weak New England economy. Jordan Marsh is a subsidiary of Campeau Corp unit Allied Stores Corp. Allied Stores is one of two
      Reuter  -  167 words
    • COMPANY BRIEFS
      • 93 5 ASKO Deutsche Kaufhaus has taken a 45 per cent stake i Austria's Austrowaren Oesterreichische Warenhandels Gmbl for an undisclosed sum. The Frankfurter Allgemeine Zeiturx (FAZ) newspaper on Sunday quoted a director of Gasko Vertrieg GmbH as saying that Gaskos in Vienna sold tfc stake
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      • 72 5 THE Ontario Environment Ministry has ordered Dow Chen> ical Co to submit plans to monitor spills at its Sarnia, Ontarii petrochemical complex. Dow must also submit a plan ti improve employee anti-pollution training and draft a contii> gency plan in case of spills, a ministry
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      • 79 5 BRITAIN'S third largest double-glazing window manufacture Stormseal Ltd has gone into receivership, said accountant Grant Thornton, who have been appointed as receivers Grant Thornton's Allan Griffiths said in London yesterda 1 that he could give no indication of the size of Stormseal* debts, adding that he hoped
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      • 106 5 SUN MICROSYSTEMS Inc has agreed to sell 491,755 nev-ly-issued common shares to American Telephone and Telegraph Co. Sun Microsystems said yesterday that it expecs proceeds from the sale of about US$l3.7 million. The stoa sale is being made under an agreement between Sun art AT&T
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      • 82 5 CLEVELAND-CLIFFS Inc said yesterday that its bankrupty claim against Sharon Steel Corp will include about 300,00 shares of common stock in Mueller Industries Inc, the re-c--ganised successor to Sharon, and a promissory note frcn Mueller for about US$BOO,OOO. The Mueller stock, which s expected to be
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      • 64 5 SPURRED by California's strict emission standards, U carmakers are scrambling to develop electric-powered veN cles, but high costs and limited driving range present toug problems, industry sources said. "No one has yet found tfc breakthrough to produce a high-energy, long-range, lov weight and low-cost battery," said
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  • Page 5 Advertisements
    • 148 5 {HBHMHHBHHHHHBBHHHHnHI W 3? No Compromise. We will be there shooting! 0 i, ,V* '■*>". •k f i' -"jl «,.■>"* \i r j£" f'.^u■ jW Mj 5 HI 1 J We will prove our superiority in the battlefield as we did in the Korean Vietnam War. f- Nikon has been bringing
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 89 6 BRITAIN is set to unveil details of its proposal to transform tb European Currency Unit (ECU) into a hard currency this wek, European monetary sources said. The document will ptt Britain's "hard ECU" plan into a legal framework so that it can
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      • 31 6 TIE WHITE HOUSE wants to create a "super regulator" of brnks, savings associations and other financial services, in a sveeping overhaul of the complex regulatory system.
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      • 83 6 WESTPAC Banking Corp has increased its holding in Australi; and New Zealand Banking Group Ltd to 8.26 per cent or 705 million shares. A spokesman for Westpac, which acqiired a 7.5 per cent of ANZ in February 1990, said the irerease was a result of share
        83 words
      • 59 6 TIE PARLIAMENT in the Baltic republic of Latvia has auhorised individuals and businesses to trade in foreign curencies, Tass news agency reported. The measure went int) effect on Jan 1, but operations have not yet begun. Special offices and exchanges will be allowed to trade in
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      • 68 6 TIE Bush administration is considering major changes in the stulent loan programme that would increase direct lending by the federal government and sharply curtail the role of conmercial banks, which now lend more than US$l2 billion a ear to college students. The proposal, part of President
        68 words
      • 2 6 Dollar$ Non$en$e
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    • 748 6 NYT ACTING TO AVERT a run on one of America's largest banks, the US federal government has seized Bank of New England Corp, saying it would protect all its depositors until the bank could be sold. The rescue is likely
      NYT  -  748 words
    • 390 6 AP AS THE Golden State of San Francisco thaws out from last month's unprecedented cold snap, insurance companies say damage claims may make the freeze as the state's third most costly natural disaster. Only the 1906 and 1989 earthquakes cost insurance companies
      AP  -  390 words
    • 400 6 Bernama THE TRANSFORMATION of once Penang-based Ban Hin Lee Bank Bhd to a nationwide presence will turn it into a major medium-sized bank in Malaysia, says InterPacific Securities Sdn Bhd. The securities firm, in its analysis on the bank whose shares
      Bernama  -  400 words
  • Page 6 Advertisements
    • 505 6 Epson is pleased to announce the support Adobe Postcript conquest of another peak in their language later* making it ideal office hardware with our for offices, design studios and most advanced laser beam printer, simuiunnui)cdhhahup»iu«di^nrmcomfwn publishing houses. It's ready-equipped with the widest Our top-of-the-range laser beam printer selection of 11
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  • THE REGION
    • 523 7 THE International Monetary Fund (IMF) and the Aquino government resume this week loan negotiations which officials say are crucial to the Philippine economy over the next 12 months. Topping their agenda is Manila's request for the disbursement of a US$7OO million loan from the
      523 words
    • 304 7 AFP THE Khmer Rouge has warned residents to evacuate Cambodia's second largest city, Battambang, to escape escalating fighting. In a clandestine radio broadcast monitored in Bangkok on Sunday, the Khmer Rouge also called on the 70,000 residents of the city, capital of north-western Battambang province, to
      AFP  -  304 words
    • 310 7 AP CAMBODIA'S rice production fell in 1990 due to fighting, floods and drought, and food shortages are expected in at least one central province, the official media reported. Preliminary figures show that production fell to 1.7 million tons, giving each person only
      AP  -  310 words
    • 250 7 AFP THAI Foreign Minister Arthit Urairat, who has drawn fire at home for unequivocally supporting Saudi Arabia and Kuwait in the Gulf crisis, urged the opposition on Sunday not to exploit foreign affairs for political gain. Mr Arthit told reporters in his Chachoengsao province
      AFP  -  250 words
    • 343 7 UPI PRESIDENT Heng Samrin of the Vietnamese-backed Cambodian government said a UN peace plan needs to be "improved", but he has agreed to key duties for an interim UN authority, the official news agency reported. Mr Heng Samrin, who previously said he
      UPI  -  343 words
    • NOTE BOOK
      • 155 7 INDONESIA exported U5510.57 billion worth of products other than oil and gas in 1990's first nine months, up 7.9 per cent from January-September 1989, official figures showed yesterday. Exports of textiles and garments rose by 33 per cent to US$2.OB billion. Plywood exports increased 15
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      • 101 7 JAPANESE Chief Cabinet Secretary Misoji Sakamoto said in Tokyo yesterday that Prime Minister Toshiki Kaifu may cut short or cancel his visit to Asean countries depending on developments in the Gulf. "Changes in the Gulf situation may affect the Prime Minister's tour," Mr Sakamoto
        101 words
      • 100 7 FIJI recorded a current account surplus of F548.4 million (U5533.9 million) for the nine months to September last year, the Bureau of Statistics said in Suva. Finance Minister Josefata Kamikamica yesterday described the figures as "proof positive" that the government's economic policies of promoting exports
        100 words
      • 108 7 A CHIEF local government official and other staffers embezzled US$lO million that a foreign country had donated for victims of floods, the Vietnamese state radio reported. The broadcast did not say what action was taken against Nguyen Khac Thai, chief officer of the People's Committee
        108 words
      • 81 7 INDONESIA has denied Australian press reports that it planned joint military operations with Papua New Guinea against rebels in Bougainville. "The reports are entirely untrue and are nothing but misleading disinformation," the Indonesian Foreign Ministry said in a statement dated Jan 5. Three Australian newspapers
        81 words
      • 95 7 PHILIPPINE Defence Secretary Fidel Ramos urged Filipinos on Sunday to prevent civil unrest in the Philippines by not panicking if war breaks out in the Middle East. "The crisis in the Middle East is causing us mainly economic problems, not military problems," Mr Ramos said in
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  • Page 7 Advertisements

  • Page 8 Advertisements
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  • THE WORLD
    • 334 9 Reflection of frustration and unease in US NYT THE BUSH administration has turned more truculent in its economic relations with Tokyo, reflecting both frustration over Japanese trading policies and unease over the wave of Japanese investments in the US. Three Cabinet departments
      NYT  -  334 words
    • 329 9 Reuter US AND OTHER foreign companies doing business in Japan are waking up to the need to lobby in the country, but those with experience say most are still babes in the woods compared with their Japanese rivals in Washington. "I think companies
      Reuter  -  329 words
    • 270 9 Reuter A VISIT by Japan's Finance Minister to China is likely to boost Japanese investment, which is increasing slowly after Beijing's crackdown on student-led protesters in June 1989, say Tokyo officials. Ryutaro Hashimoto, who leaves for Beijing today for a three-day visit,
      Reuter  -  270 words
    • 461 9 Reuter JAN KRZYSZTOF Bielecki has launched his career as Poland's prime minister by promising dynamic economic reform, but real power lies firmly with President Lech Walesa as the country heads for quick elections. Mr Bielecki, the radical young economist picked by Mr Walesa to succeed
      Reuter  -  461 words
    • WORLD WATCH
      • 96 9 THE PRESIDENT of the Supreme Soviet, the Soviet legislative assembly, has implicitly urged Eduard Shevardnadze to stay on as foreign minister. "Of course it would be preferable that (Mr Shevardnadze) remain in his post," Anatoly Lukyanov said in an interview on Soviet television
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      • 101 9 THE US is completing a deal to buy a nuclear reactor built by the Soviet Union to power systems in space, according to a published report. The intent is to study Soviet technology rather than to use the reactor in space, according to a
        101 words
      • 81 9 JAPANESE EXPORTS of colour television sets soared 84.6 per cent from a year earlier to 366,000 units in November. The Electronic Industries Association of Japan said yesterday that exports of video-cassette recorders were also brisk that month, surging 43.6 per cent to 2.42 million units.
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      • 93 9 JAPAN'S US$lOO million emergency loan to the Soviet Union will be extended next month at the earliest but that may be too late to meet urgent Soviet needs, according to a press report in Tokyo yesterday. "We may not be able to support the
        93 words
      • 74 9 TAIWAN'S gold imports dipped to 103.7 tonnes last year, down 35.12 per cent from the previous year, the Taiwanese Finance Ministry said yesterday. Local market dealers attributed the drop to declining purchasing power by consumers in an economic slowdown affecting the whole island. Imports of gold
        74 words
      • 65 9 PAKISTANI Prime Minister Nawaz Sharif has said that enforcement of Islamic law in Pakistan is his top priority. At a public rally in Punjab last Sunday, he said efforts were being made to reach a consensus on a Bill to be submitted to Parliament
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  • Page 9 Advertisements
    • 123 9 ply The Spirit Of Korea To Korea The determination to excel. The drive to achieve. The commitment to be the best. That's the spirit of Korea. That too. is the spirit of Korean Air. It s spirit that soars around the globe to 47 cities in 22 countries on 5
      123 words

  • 486 10 EDITORIAL AS LONG as a doctor's fees remain a private matter between him and his patient, controversy will continue to haunt issues relating to medical fees. A case in point is the debate over whether a scheme to offer discounts on medical fees to NTUC members
    486 words
  • WHAT THE OTHERS SAY
    • 199 10 WITH a growing population of elderly folks who are expected to live longer as well as the shrinking family, national plans need to be drawn up to tackle a problem that could assume crisis proportions. The National Policy Committee (NPC) for the Family and the Aged
      199 words
    • 152 10 THE passing of the Elected President Bill opens a new and important chapter in Singapore's political system. The Elected President will provide a check and balance to the powers of the government an important milestone in the maturing process of Singapore's political system. The fact that it
      152 words
    • 140 10 IT IS believed that the White Paper on Shared Values can be acceptable to Singaporeans of different ethnic origins as the values can be interpreted by the different races from their own religious beliefs and culture. The objective of the shared-values proposal is to consolidate a national identity
      140 words
  • REGIONAL VIEWPOINTS
    • 190 10 CHIEF Justice of Malaya Tan Sri Hashim Yeop Sam has said that with the restructuring of the lower courts in the new year, criminal cases can or should be disposed of within six months and civil cases within a year of registration. With the transfer of all
      190 words
    • 188 10 SECURITIES has become a very competitive field n the region and one major determinant in this race is efficiency. Investors are demanding that they he allowed to move in and out of the various markets with little obstruction, and that the markets vie with each other in
      188 words
    • 143 10 QUIETLY, India is emerging as an important Asian country, with an indigenous technological and scientific base, which measured even by international standards is impressive, and with a buoyant national economy thanks to a far-reaching consumer boom in the cities and even in the countryside. It is with
      143 words
  • 907 10  -  Desynchronisation is fast becoming one of the economic buzzwords of the *****. Jonathan Fuerbringer reports on the trend Jonathan Fuerbringer NYT Desynchronisation is shorthand for the divergence of economic growth patterns around the world. Rather than everyone following the leader which had
    NYT  -  907 words
  • Page 10 Advertisements
    • 134 10 t.*3*MCH&4A&}«4I«*♦TSSsF *****5 mm I I Bill mmm Keep ahead fe :g=llßfaa of the liv lilBB: competition i r»' in fifalfiKHWw^B^m l «iN*«wy»r"*Ti 1 HB' ;n r l,r 3til• >*i3 p<^^>»W^K'«T<wwrtoi Keep Your Line Open With i 1& ''^jSttSSSri f> Hitachi Dealers Communication System, anr. *L.^.--&M mi fßWlMMpßqßfcw^ y^*llflPPVPf^Ef ifWPFl7f <r
      134 words
  • Page 10 Miscellaneous
    • 28 10 DOONESBURY 8Y GARRY TRUDEAU xhcjdc *16 1 I I I KHJ YX)R UUli- N5/ER 7HF PBSEJTT lAJhf) /XTLBA'nT TTj RY -m oamlc lch- F&JRED fCU TtvFiw KHOt&viam norKni»£
      28 words

  • ANALYSIS
    • 1427 11  -  Corporate takeovers in 1990 were few and generally tame at least until UIC made its $1.65 billion grab for Singapore Land. Instead of hunting for loeal prey, expansion-minded Singapore companies turned their sights on foreign acquisitions and venture partners. Amy Balan takes a
      1,427 words
    • 677 11 SINGAPORE companies generally stuck to what they knew best when they forayed abroad last year. No wild diversification or greenfield projects for these companies, thank you. Instead, Singapore managers sought projects close to home and corporate pacts with knowledgeable partners. The most publicised joint
      677 words
    • Article, Illustration
      690 11 Most expected takeover that did not materialise MALAYAN Credit Ltd. There had been rumours every couple of months for the past 12 years. Most unexpected takeover that did materialise AS UIC built up its stake in SingLand, everybody expected the detergent-maker and property owner to bid for Singapore
      690 words
  • Page 11 Advertisements
    • 166 11 ifistrici 91/ $f orie l Solutions PttLtd "Asia Print '89 was an ASIAPRINT to double our 1959 achievement at overwhelming success for our Offset Asia Print '91. 99 Printing Division. In just four days, 10 AsiaPrint'9l will be held jointly machines worth almost $750,000 were with AsiaPack'9l and AsiaPlas 91.
      166 words

  • INNOVATION & TECHNOLOGY
    • TECH TAKES
      • 87 12 STARDENT Computer Inc and several other computer vendors using its application visualisation system (AVS) plan to set up an AVS centre, the company said last week. The group issued a request for proposal to research institutions, government laboratories, universities. National Science Foundation
        87 words
      • 90 12 OREGON-BASED In Focus Systems said it had licensed its technology for colour liquid crystal displays (LCDs) to Compaq Computer Corp. It will receive royalties if Houston-based Compaq uses the flat panel technology. Compaq is a leader in the notebook computer market but needs to begin
        90 words
      • 92 12 MATSUSHITA Electric Industrial Co's American unit said it will set up a New Jersey laboratory to develop computer software, its eighth laboratory there. It will develop improved computer graphics, document processing and system software expected to be applied to new film production techniques. Matsushita has
        92 words
      • 106 12 INDUSTRIAL OFFSHORE Computer Services (IOCS), a member of the local Computer Systems Advisers Group, has been appointed the regional distributor for Numerical Algorithms Group (NAG). lOCS, founded in 1978, joined CSA in 1983 and specialises in engineering applications for the electronics, manufacturing, maritime, offshore, oil
        106 words
      • 57 12 JAPAN'S Ministry of International Trade and Industry is seeking 200 million yen (US$l.5 million) in government and private funds to set up a supercomputer centre. A ministry official said the project will help researchers from all over the world use the centre's supercomputer in such fields
        57 words
      • 30 12 IN THIS column last month, we wrongly reported that CSA is Computer Software Associates. CSA stands for Computer Systems Advisers. We are sorry for the error.
        30 words
    • 691 12  -  A small-town boy who became head of the largest consulting business in the US, if not the world, believes in the market, globalisation and information technology. In town recently, he explained why to Kenneth James. Kenneth James AT 44, George Shaheen became the
      691 words
    • 350 12 NYT FIRST there was the "good" ozone, the stratospheric layer that Filters out the sun's harmful rays, and the "bad" ozone, the ground-level smog that irritates the lungs. Now, add ozone that fights pollutants. A Tucson. Arizona, company, licensing a Nasa patent,
      NYT  -  350 words
    • 142 12 AFP BLIND people in Germany will soon be able to have electronic newspapers delivered to their homes. A foundation for the blind, the Stiftung Blindenanstalt, has designed a computer system that can produce spoken newspapers from material provided by the written press, said computer
      AFP  -  142 words
  • Page 12 Advertisements
    • 125 12 Megadoc. From Philips. A breakthrough in information storage significantly. Thanks to our pioneering expertise in optical J™ X 1 and retrieval systems whereby just one 5W disc can now technology and installed base worldwide, Philips can provide dmsion i hold up to 16,000 pieces of A4-sized documents. complete, tailored solutions
      125 words

  • Page 13 Advertisements
    • 216 13 WeVe made shipping to the United States six times easier. Introducing The Federal Express Frequent Flyer. From SINGAPORE to The U.S. six times a week. Two business day service. Six times a week. Week in. Week out. To keep track of your shipments we developed COSMOS and KIAC. A Federal
      216 words

  • Page 14 Advertisements
    • 233 14 WHERE TO WINE. DINE AND ENTEBTAIN WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE Some of our best advertising is by wordof-mouth. v v For outstanding haute cuisine in surroundings of unashamed opulence. I he Palm Grill is the- name on everyone's lips Reservations. 330 8!) 10 or
      233 words
    • 366 14 PLUM'S Singaporean High Tea Tok© your pick. Eot oil you wont Relax and enjoy yourself The sandwiches are fresh and the beverages are hot. There s a host of Singapore "Makan Kechil". It's all part of the menu only for Plum's Singaporean High Tea It's a fun offering 2.45pm-5.30pm Oaily
      366 words
    • 286 14 r T *\j It's Oldies Goodies at Clubs^w^^D| Let VELVETS bring you down Memory Lane as they serenade you with hits of Club^ bnsoneieare Plaza Hotel Velvets: Mon Fri (6.00 pm 8.30 pm) 0719 VI MMDII I 5S i ROSE GARDEN SICHUAN RESTAURANT Level 5, Golden Landmark Hotel 390 Victoria
      286 words
    • 394 14 Atrd "The Dream Unfolds Anew' Let your nights awaken to new wonders Come back to our dream oasts 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 destiny
      394 words
  • Page 14 Miscellaneous
    • 809 14 TELEVISION AND RADIO is house-trained. Meanwhile, 5.30 The Adventures of Gulliver. Rl IQIWFQQ ON RADIO m j 11 J J A 11 SBCI2 Willie askes David to be his j 6.00 News (M). BUSINESS Un lO tell Or not tO t6ll tZZXZ*" BBC. S9.9 m HzU,VHF Band,. VWAA Vy a
      809 words

  • LIFESTYLE
    • 1003 15  -  Yes, says director Franco Zeffirelli, who believes Mel Gibson makes a better Hamlet than Laurence Olivier, who played the same role in a 1948 movie. Caryn James and Daniel Cox report. Carvn James, Daniel Cox NYT Reuter WHEN Franco Zeffirelli's movie version of Romeo and
      NYT; Reuter  -  1,003 words
    • 574 15  -  Paintings by Raphael and Titian as well as hundreds of pieces of the finest British silver will go under the hammer in New York this week. Arthur Spiegelman checks out their worth. Arthur Spiegelman Reuter WHEN she fled the Philippines in 1986, Imelda Marcos
      Reuter  -  574 words
    • 655 15 CHATTERBOX ROCK 'n' roll legend Chuck Berry has been sued by another woman who alleges that he took pictures of her while she used the bathroom at his restaurant. The suit was filed on Friday in St Charles County Circuit Court
      655 words
  • Page 15 Advertisements
    • 282 15 AND ENTERTAIN Set Your Heart On Our Set Meals. I KIIKV>N v*L r J j mwiK >. f- 1 :c M'M $!<.<-• llt R I'IRVIS The Cafe-in-the-Park is well known tor its excellent food. And now, for its value-tor-money set meals. Everyday, except Saturdays. ii ANA HOTEL 16 NASSIM Mil
      282 words
    • 111 15 The Big Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce
      111 words

  • SPORTS
    • SIDE LINES
      • 69 16 AUSTRIA'S Petra Kronberger couldn't match the speed of Germany's Katrin Gutensohn in their latest downhill duel, but the Austrian had the advantage yesterday in a World Cup slalom. Gutensohn, the Austrian-born World Cup downhill champion, lived up to her reputation as a rocket on
        69 words
      • 115 16 MIKE ATHERTON and David Gower yesterday both hit hundreds to ensure that England avoided the follow-on in the third Test, which appeared to be heading for a draw. England had reached 426 for five at tea on the fourth day in reply to Australia's 518. Gower
        115 words
      • 97 16 LARRY BIRD and Kevin McHale keyed a 42-point second quarter as the Boston Celtics rallied from a 16-point deficit and went on to beat the Dallas Mavericks 127-110 on Sunday night for their 16th consecutive home victory. While improving their season record to 26-5, their best since
        97 words
      • 65 16 THE CHICAGO BEARS kept the New Orleans Saints out of the end zone and the Cincinnati Bengals demolished the Houston Oilers for first round National Football League play-off victories on Sunday. With smothering defence and typical Chicago ball control offence, the Bears scored a 16-6 win
        65 words
      • 97 16 ARI VATANEN finished two minutes and 50 seconds ahead of Frenchman Pierre Lartigue on Sunday to finish first in the eighth stage of the Paris-Dakar Rally and to retake the overall lead. Jackie lekx, of Belgium, who led after last Saturday's leg. lost more than 40 minutes
        97 words
      • 69 16 CHINA'S Gao Min won the women's one-metre springboard diving gold medal in Perth yesterday at the Sixth World Swimming Championships. Gao, 20, seored 478.26 points, ahead of American Wendy Lucero (467.82) and Czechoslovakia's Heidimarie Bartova (449.76). Gao, who won the gold at the Seoul Olympics in
        69 words
    • 386 16 Agencies TOP SEEDS Jana Novotna of Czechoslovakia and Gigi Fernandez of the US won the doubles finals of the Women's Hardcourt Tennis Championships in Brisbane yesterday. They defeated No 2 seeds Helena Sukova of Czechoslovakia and Patty Fendick of the US in straight sets 6-3,
      Agencies  -  386 words
    • 498 16 AP TOM KITE received an unpleasant surprise when he looked at the leaderboard on Sunday with four remaining in the final round of the Tournament of Champions. It showed he had lost four shots to Lanny Wadkins in a three-hole stretch and suddenly trailed by one
      AP  -  498 words
    • 360 16 NYT IT MAY COST him a spare million or two, but after several years of a breakneck international schedule, Greg Norman is saying he has decided to play less in order to play better. Since becoming a PGA Tour member in 1983,
      NYT  -  360 words
    • 264 16 AFP BRITON Adrian Moorhouse's 100 m world breaststroke record was equalled for an amazing third time during heats at the sixth World Swimming Championships in Perth yesterday. Unheralded Hungarian Norbert Rozsa almost snatched the world best standard, swimming one minute, 01.49 second and relegating the Briton
      AFP  -  264 words
  • Page 16 Advertisements
    • 66 16 PASTA BRAVA RISTORANTE ITALIANO PASTA BRAVA RISTORANTE ITALIANO > < 5 > 5g > FUR A TASTE OF 3TALY M OLD SDOPOffiiB 2 I PASTA. RAVA 1 m S Ejjj LUNCH (11.00 to 2.30 pm) g > DINNER (6.00 to 10.30 pm) K O o (Closed on Sunday) > For
      66 words
    • 185 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. S» AND IN THE MATTER OF GUNTI R INTERNATIONAL PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that the Final Meeting of the Members of the above-named Company will
      185 words
    • 329 16 In the Mattef of The Companies Act. Cap 50 and In the Matter of AMERICAN HERITAGE CLEANING SYSTEMS PTE LTD Notice of Resolutions for Members Voluntary Winding-Up (Pursuant to Section 290) At an Extraordinary General Meeting of the Members of American Heritage Cleaning Systems Pte Ltd duly coni vened and
      329 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4661 17  -  By Diana Oon LOCAL STOCKS finished broadly weaker yesterday, fulfilling gloomy predictions by brokers and analysts. After a weekend of increasingly hostile war of words from President Saddam Hussein of Iraq, pessimism ruled the day. Market players were content to watch from
      4,661 words

  • 3686 18 Main Board ,C Properties 600 +20 +3.4% DBS Foreign 10*) +10 +09% Spore Bush 500 550 +10 1.9% First Capital 139 +9 +6.9% FEIS 50» 490 1 6 F 1.2% Semb Shipyard 482 +6 +1.3% Spore Unti 535 5 +0.9% OUE 530 +5 +1.0% Singmanne
    3,686 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 890 19 Bernama SHARE PRICES on the Kuala Lumpur stock market closed lower in listless trading yesterday on profit-taking triggered in part by fresh jitters over the Gulf crisis. The KLSE Composite Index fell 2.04 points to 495.63 but the Industrial Index added 0.70 of
      Bernama  -  890 words
    • 3008 19 IWI Last Vol Day Net Cap High Low Company Sale POO High Ijon P/E Smil INDUSTRIALS 179 172 AISB 50« 178 I 7 178 175 43.4 182.6 342 328 ASM 50« 332 -8 163 340 330 29.6 1362.8 296 288 Acidchem 289 -3 15 292 288 124.3 255 250 Ajinomoto
      3,008 words
  • Page 19 Advertisements
    • 328 19 H 31 January 1 February 1991 Singapore Milton 4 February fir 5 February 1991 Novotel Penang Seminar programme: Surface mount design considerations H Surface mount manufacturing technology H Equipment selection, factory design H How to develop new SMT processes H The future of SMT and new technologies for the H
      328 words

  • BT SHARE INFORMATION SERVICE
    • 209 20 Company Oat* Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) Times Pub Aug 90 Jan 3 528.013(523.423) 23 0(19 3) 10(9 9) Cerebos Dec 14 Jul 90 *****1(133.777) 126(11 3a) 20TEa(9TEa) Li* Dec 13 Jun 90 $1,418(5452) 4 3(15) 2(1) Wing
      209 words
    • 190 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Leong Huat Jan 2 Dec 89 $182L($356L) Pacific Can Dec 28 Sep 90 $l,387l($562h) -(0 7) Van der Worst Dec 28 Sep 90 $1,222($788) 1 8(33) l(-) KL Hepong Dec 24
      190 words
    • 302 20 Company Date HaH-year Group pro-tax Interim ann to profit/loss (L) dividend (000) Sateras Dec 31 Sep 90 M$462l($369l) Isetan Dec 28 Sep 90 $10,458(-) -(10) MCB Hldgs Dec 27 Sep 90 M$1,333($1,319U -(2 5) Pegi Msia Dec 27 Sep 90 M$3,590($294l) Alex Hldgs Dec 26 Sep 90 $1,4461
      302 words
    • 903 20 Jan 5 Singapore Telecom is building a new. highly automated mail sorting centre which could cost over $200 m. The new Mail and Parcels Centre is to be located near the Eunos MRT station Jan 4 LfcM Group is gearing up to exploit opportunities in the Malaysian construction
      903 words
    • 485 20 Current Ex Books Date Total tor Total lor payment data close payable the year last year MSB 101(b) lan 4 tin 18 ton 28 10% 12% AAfP NYA Dec 14 Jan 3 Feb 15 NYA 2 81 Am4 Steel 1261(b) Nov 29 Dec 13 Jan 21 126% 8%TE
      485 words
    • 678 20 Singapore Stocks Last Full Year Company Ptnod Date Tear Net EPS Gross Net amuictd fncfrij (cants) <Jv profit last year (fOOO) CfcB Pxkapit Interim Nov 13 Dec 90 29 7 13.2 11.616(e) BMT Interim tan 10 km 91 254 2 150 0 773 Khon| Guan Interim Jan 12
      678 words
    • 129 20 Company Rights Issue Causeway kw Three-tor-four SO 60 per share Lxtate Dec 10 Books dose Dec 20 Acceptance Payment Feb 1 CUM Five-for tour <o, M$4 00 per share L>-date Nov 23 Books dose Dec 7 Acceptance Payment Ian 22 M Mouks One-tor-one MSI 50 per share Ei-date
      129 words
    • 341 20 Company Rights Issue Mcom One for two < a MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares ot MSO 10 each at MSI per share with 10m detachable TSR Saltan Ontfor tour <a, MS? 00 per share FAC8 Capital Reduction Scheme to reduce par value
      341 words
    • 706 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term tor one ordinary share CIC Nt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loan Causeway Nt 2/10/89 to 20/10/94 1 warrant phis SO 77 cash or 1 warrant phis $0 77 nominal amount of loan stock. Ctuan lip Notes Chan
      706 words
    • 202 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 (ifh: 1059 04 (4/1/91) 1991 h«h: 1180.57 (4/1/91) 1991 low: *****1 (2/1/91) 1991 tow: *****8 (2/1/91) 1990 hgh: *****3 (16/7/90) 1990 htfv 1607 12 (27/3/90) 1990 tow: 981 07 09/11/90) 1990 tow: *****0 (11/10/90) 1989 h*h: 1322 00 28/12/89) 1989
      202 words
    • 112 20 Sembawang Shipyard Ltd: EGM at 456 Alexandra Road. 4th Floor, NOl Building. Singapore 0511 on Tuesday. Jan 8. at 9.30 am. Cerebos Pacific Ltd: 9th AGM at Room 835, Bth Floor, Mandarin Hotel South Wing, 333 Orchard Road. Singapore 0923 on Thursday, ian 17, at 12 noon. Asia
      112 words
  • Page 20 Advertisements
    • 184 20 ■p h CHINA HEBEI EXPORT COMMODITIES FAIR ORGANIZERS HEBEI FOREIGN ECONOMIC RELATIONS TRADE COMMISSION CHINA CHAMBER OF INTERNATIONAL COMMERCE HEBEI CHAMBER OF COMMERCE EXHIBITORS Hebei Cereals, Oils Foodstuffs I. E. Corp. Hebei Textiles I. E. Corp. Hebei Garments I. E. Corp. Hebei Native Produce I. E. Corp. Hebei Animal By-Products
      184 words

  • TOKYO STOCK EXCHANGE
    • 2282 21 Reuter TOKYO STOCKS ended lower yesterday after the thinnest turnover sinee January 1986. Trade was dampened by Gulf jitters, as both Iraq and the US vowed never to yield over Kuwait, by a weaker yen, and by typieai Monday blues. "Everyone is
      Reuter  -  2,282 words
  • STOCK EXCHANGE OF HONGKONG
    • 1996 21 Reuter UPI HONGKONG STOCKS sagged in very thin trade yesterday on widespread lack of interest rather than active selling pressure, brokers said. "People are watching and waiting but war fever is mounting so even the day-traders are sitting tight," said
      Reuter; UPI  -  1,996 words
  • Page 21 Advertisements

  • REGIONAL STOCK MARKETS
    • Gulf crisis casts a pall over Asian markets
      • 883 22 CONTINUING tension in the Middle East and a bleak world economic outlook yesterday cast a pall over the Australian share market, which failed to hold on to early gains and closed slightly weaker. Brokers said the market strengthened in early trading on a technical rebound from Friday's 31.5-point plunge,
        883 words
      • 705 22 BANGKOK share prices slipped 2.4 per cent in light trading yesterday, with the Securities Exchange of Thailand Index dropping 14.52 points to close at 595.36. "The market was vei7 dull because investors are now waiting for the outcome of Jan 9 negotiations (between the United States and Iraq)," said
        705 words
      • 517 22 PHILIPPINE shares fell sharply yesterday as investors stayed on the sidelines, with pessimism pervading the market over the chances of peace in the Gulf. The Manila Stock Exchange Composite Index fell 10.66 points to close at 601.97 from last Friday's 612.63. "Even though there are peace initiatives, both (US
        517 words
      • 367 22 TAIWAN stocks finished sharply lower yesterday on heavy selling by big players taking profits from Saturday's gains, dealers said. The Weighted Index lost 265.20 points, or six per cent, to close at 4,191.07 compared with Saturday's 4,456.27 finish. Turnover was NT$39 billion against NT543.3 billion. Dealers said market sentiment
        367 words
      • 556 22 THE JAKARTA Stock Index fell 3.67 points to 404.82 but turnover jumped to 4.29 million shares from Friday's 1.49 million. Trading was very active on the big board, with prices closing mixed. Dayin Mitra Insurance jumped 1,900 rupiah to 6,700 on volume of 803,000 shares. Indocement rose 500 rupiah
        556 words
      • 786 22 SEOUL stocks yesterday closed sharply lower in weak trade on increasingly gloomy prospects for a peaceful resolution to the Gulf crisis. The Composite Stock Index lost 21.80 points to 676.65, with 150 billion won traded against 126.8 billion in Saturday's half-day session. Falls led rises 637 to 44. "The
        786 words
      • 94 22 LEADING New Zealand share prices yesterday were scarcely changed in a quiet beginning to the week and brokers expect directionless trading to continue for at least the rest of this week. Many domestic investors were still in a holiday frame of mind, while overseas traders were preoccupied with
        94 words
      • 588 22 (lose Previous Jan 7 SYDNEY All Ordinaries Index 1,239 5 1.241 5 -2.0 All Industrials Index 1.891.9 1,894.9 -3.0 All Resources Index NA 736.6 Turnover (million) 47.19 52.73 -5.54 BANGKOK SET Index 595 36 609 88 -14.52 Turnover (million) 16.71 31.87 -15.16 JAKARTA Composite Index 404.82 408.49 -3.67 MANILA Composite
        588 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 933 23  -  THE S KAN CIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen. sterling, Swiss francs, Nikkei Stock Index Futures and
      Source: TeleTrac  -  933 words
    • 329 23 REPORT THE US DOLLAR yesterday opened sharply higher in Europe against most currencies and was likely to rise further ahead of tomorrow's meeting of US Secretary of State James Baker and his Iraqi counterpart in Geneva. Strong words from Iraq, reconfirming
      329 words
    • 1154 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Mar 91 92.67 92.70 92.65 92.66 9500 ***** 4919 Jun 91 92.84 92.87 92.80 92.81 4300 9674 3291 Sep 91 92.77 92.79 92.74 92.74 1500 4169 767 Dec 91 92.46 92.46 92.43 92.43 250 3383 218 Mar 92
      1,154 words
    • 398 23 Cross rates Jan 7 USS SS MS Dm Yen SFr AS NZS USS 1.7560 2.7175 1.5165 136.05 0.5214 1.2830 1.2878 1.6949 SS 0.5695 1.5476 0.8636 0.7748 0.2969 0.7306 0.7334 0.9652 MS 0.3680 64.62 0.5580 0.5006 0.1919 0.4721 0.4739 0.6237 Dm 0.6594 1.1579 1.7920 89.71 0.3438 0.8460 0.8492
      398 words
    • 566 23 Interbank rates S$ Bid Offer Overnight 4 1/8 4 1/4 1-month 4 3/8 4 1/2 2-month 4 1/2 4 5/8 3-month 4 5/8 4 3/4 Overnight mode: 4-3/8 US$ Bid Offer 7 days 7 7/16 7 9/16 1 month 7 7/16 7 9/16 2 months 7 7/16 7
      566 words

  • COMMODITIES
    • 315 24 NYT WHEN the price of silver reached a momentary peak of U5548.70 an ounce during the Hunt Brothers' buying spree a decade ago, and averaged out in 1980 at a stratospheric US$2O-plus, manufacturers abandoned the precious metal in droves. But
      NYT  -  315 words
    • 396 24 Bernama MALAYSIAN palm oil brokers, caught in between the tussle between refiners and plantation owners over refining margins, say they have been badly affected by a reduction in their commissions. Although they added that they "understand what the refiners are going through",
      Bernama  -  396 words
    • 840 24 REPORTS HONGKONG: Gold ended higher but off its day high after profit-taking eroded gains from Middle East buying, dealers said. "Some dealers got bullish and we saw some buying from the Middle East," said a dealer. "But as most of the support came from
      840 words
  • 1472 24 Rubber jan_7 HAS (W> \m talw) S cents/kg Noon Close Int I RSS Prompt 150.75/151.75N 150 50/151 50N Int I RSS Feb 91 151.75/152-25 151.50/152.00 Int I RSS Mar 152.2V152.75 152.00/152.50 Int 2 RSS OP 149.00/151 OON I4900/15I.OON Int 3 RSS OP 144.00/146.00N 144 00/146.00N Int 4 RSS OP
    1,472 words
  • Page 24 Advertisements
    • 578 24 NOTICES IN THE MATTERS OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF FURAMA MARINE PTE LTD (Incorporated In the Republic of Singapore) (In Voluntary Liquidation) WNttEMSS^M NOTICE ISHEREBY GIVEN that pursuant to Subsection (1) of Section 290 of the Companies Act (Chapter 50) an Extraordinary General Meeting
      578 words
    • 542 24 API TECHNOLOGY PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #07-19 Singapore 0617 on Monday, 31 December 1990, the following Special Resolutions were duly passed > 1 That the Company be wound-up voluntarily and
      542 words
    • 9 24 I I Executive Jobs every Saturday in Business Times
      9 words

  • THE TRAVEL PAGE
    • 1169 25 City Flight ETA Flight no Mm Dhabi GA893 1235 GA89 GA97' GA88I 2 0355 2135 3 2220 Adoiakio SQ228 1910 QF82 QF7 2155 2115 Amman RJ83 0350 Amstordaa GA893 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 r. 1 '1 SQ24
      1,169 words
    • 666 25  -  LETTER FROM JERUSALEM By Rick Black WITH most tourists staying away from Israel bccause of the Persian Gulf crisis, the country's two major museums have had to lay off employees and cut back operations. "There are almost no tourists coming to Israel," said Nissim
      666 words
    • 153 25 As at 3pm yesterday: liocal dollars to one unit of foreign currency C urrencies Bid Offer Australian dollar 1.3560 1.3860 Canadian dollar 1.5000 1.5200 NZ dollar 1.0250 1.0550 Sterling pound 3.350 3.3800 US dollar 1.7490 1.7590 IxKal dollars to 100 units of foreign currency Austrian schilling 16.00
      153 words
    • 84 25 Duration Title Venue Organiser Td Jan 19-27 International Germany Stuttgarter (46)711/2589-0 Exhibition For Messe Und Caravaning. Kongress Motoring. Tourism Jan 21-24 Middle East Manama, Arabian Exhibition 973/*****3 Computer Show Bahrain Management WLL Jan 23-27 International Madnd IFEMA ********** Tourism Trade Fair Duration Title Venue Organiser Td Feb
      84 words
  • Page 25 Advertisements
    • 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
    • 9 25 More services to Israel suspended, Shipping Times, Pg 18
      9 words
  • Page 25 Miscellaneous
    • 267 25 1 Adjourn when the scores are 5 Properly but only on 9 Ability to cover a large mJ mh town 10 Animal found by an ac- ii countant behind the 111 HI 11 Alex, the youth leader, im- IH bibing fizzy suffering a sensational loss! (8) 12 One a vinegary
      267 words
    • 205 25 Singapore Outlook: Fair. Forecast Maximum temperature 31.7* C Assoc humidity 53% Minimum temperature 24.3* C Assoc humidity 89% Hours of sunshine 10.75 Rainfall in mm Trace Rainfall this month 5.3 Rainy days this month 3 World forecast Asia-Pacific Hi/Ix>* Cond. Auckland 26/17 Windy Bangkok 33/24 Fair Beijing 06/-4 Hazy Brunei
      205 words
    • 33 25 f roNrustic i CNDGD\ 11 u)*sßceesTeo Sigh' IW W™ ft good; i J Time oj isieuj 's J v**- ICC r n r levg: r C EVENING STANDARD CO. LTD, IMI-IMI &!m WV.
      33 words

  • 490 26  -  Goh to express support in letter to Mahathir: Rafidah By Kenneth James PRIME MINISTER Goh Chok Tong is to write to Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad expressing Singapore's support for a Malaysian proposal for an East Asian Economic
    490 words
  • 203 26 SINGAPORE supports the Malaysian proposal for an East Asian Economic Grouping as this could enhance regional economic cooperation and increase trade and investment flows, Minister of State for Trade and Industry Mah Bow Tan said yesterday. "This cooperation will help Asian countries
    203 words
  • 305 26  -  From Koichi Ishiyama in TOKYO JAPAN is expected to offer big loans for a Soviet development project this year its first full-scale economic aid to the Soviet Union since diplomatic relations were normalised in 1956. The development is a US$5 billion oil
    305 words
  • 381 26 Reuter INDONESIA'S budget for the year to March 1992, the eve of general elections, spends money where it is most needed and keeps plenty in reserve for pre-election sweeteners, said analysts in Jakarta yesterday. Unveiling the budget earlier in the day, President
    Reuter  -  381 words
  • 798 26  -  The Bottom Line NOORDIN SOPIEE NOORDIN SOPIEE The writer is director-general of the Institute of Strategic and International Studies (Isis) Malaysia. The views expressed are entirely his own. AT CERTAIN TIMES, lemmings flock to the edge of the sea and throw themselves into the water
    798 words
  • Page 26 Advertisements
    • 583 26 JIL Baume Mercier GENEVE 1830 SINGAPORE ki INSTITUTE OF MANAGEMENT (1) MARKETING FOR NON-MARKETING MANAGERS 9 February 27 28,1991 I Fee: SS4IO SIM members/Ss49o non-members I This seminar is specially designed for non-marketing managers and executives who want a working knowledge of the principles and concepts of marketing. I For
      583 words
    • 48 26 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! complete facilities telex, fax, copier, word processing, secretarial services, conference room, answering service, long short term lease you name it! Your inspection A enquiries welcome WORLD WIDE BUSINESS CENTRES (S) PTE LTD 111-04.06 Peninsula Plaza. Tel: *****69
      48 words
    • 125 26 JIL Baume Mercier GENEVE 1830 For Sound Investment Decisions INVESTAMATIC Fundamental Analysis Technical Analysis* Quantitative Analysis SINGAPORE 22*1595 MALAYSIA (03) 261-5331 HONG KONG 877-2284 HOUSTON, TEXAS PROPERTY INVESTMENTS Guaranteed Initial Return of 10% on fully-leased luxury garden apartment buildings in prime locations. Mortgage finance available at 9.5% interest rate. Price:
      125 words

  • Shipping Times
    • 416 27  -  By Selva Kumar FRENCH national carrier, Compagnie Generate Maritime (CGM) is strengthening its presence in Asia and upgrading its services to build up a comprehensive global network by next year. The company, which set up a shipping agency and a regional office
      416 words
    • 308 27  -  By Dexter Lee NEPTUNE Orient Lines (NOL) subsidiary Atlantis Engineering Construction has secured a $26-million contract to build a mediumsized containership, its single largest deal to date. The contract, which was awarded by Wood Line (S), calls for the construction of
      308 words
    • 362 27 Bernama BRITISH AIRWAYS expects to have daily flights between London and Kuala Lumpur in the near future to correspond with the number of flights which Malaysia Airlines now operates between the two cities. British Airways manager for South-east Asia, Kevin Steele,
      Bernama  -  362 words
    • 536 27 Reuter BELGIUM'S national airline Sabena is facing an uncertain future after the collapse of its planned joint venture with British Airways pic and KLM Royal Dutch Airlines. "Sabena is in a no-man's land. In order to have any future at all
      Reuter  -  536 words
    • 361 27 Lloyd's List THE Japanese shipbuilding industry has reversed an eight-year decline in the size of its workforce, bolstered by a huge backlog of orders its yards have won during the past two years. The Shipbuilders' Association of Japan (SAJ) has reported that
      Lloyd's List  -  361 words
    • 152 27 NKK CORPORATION is studying plans to build a repair dock capable of handling 200,000 tonnes deadweight vessels at its Tsurumi shipyard. The company is also considering closing down Asano dockyard in Yokohama. A spokesman for NKK, which plans to spend about 16 billion
      152 words
    • 149 27 Reuter FOREIGN and domestic orders placed with South Korea's shipyards soared to 4.94 million gross tonnes in 1990, up 42.4 per cent from 3.47 million gross tonnes in 1989. The Korea Shipbuilding Association said the value of orders stood at US$4 billion in 1990 against
      Reuter  -  149 words
    • NEWS SUMMARY
    • LOG BOOK
      • 64 28 BOEING CANADA, de Havilland division, a subsidiary of Boeing Co, said it will cut 300 from its workforce of 5,277 by the end of February. The Canadian Auto Workers said Boeing Co's deal to sell de Havilland to a joint venture of France's
        64 words
      • 89 28 PAN AM CORP said December load factor rose to 63.3 per cent from 62.5 per cent a year earlier, as revenue passenger miles declined to 2.177 billion Irom 2.358 billion and available seat miles fell 8.8 per cent to 3.440 billion from 3.770
        89 words
      • 45 28 AN UNDERGROUND pipeline used to offload oil from a ship docked near Puget Sound apparently ruptured on Sunday, spilling an estimated 1.5 million litres of oil into a drainage ditch. There were no immediate reports of damage to wildlife, officials said.
        45 words
      • 72 28 THE North Wales Coast Guard gave up the hunt for seven seamen missing after a Maltese tanker overturned in a gale, and a battered British fishing vessel with 15 crew was found after an air-sea search. Police in Holyhead on the north Wales coast said three
        72 words
      • 64 28 A SO-CALLED Iraqi peace ship, which has left Algiers for home, has great military value to Baghdad, a British government source said. He said the Iraqis were claiming the amphibious ship Balqees was on a peace mission because it was carrying supplies to Iraq,
        64 words
      • 68 28 TAK COMMUNICATIONS Inc said due to continued legal threats from its banks including pressure to sell some of its broadcast stations it has filed for Chapter 11 bankruptcy protection. Tak, which owns and operates radio and television stations in Wisconsin and five other states, said
        68 words
      • 88 28 CARGO insurance rates to Saudi Arabian ports in the Mideast Gulf and Bahrain have been moved to so-called "held-covered" status, London underwriters represented by the War Risks Rating Committee said. Held-covered means some insurers will not offer quotes and any cover arranged is negotiated
        88 words
    • 1486 28  -  Peter Passell examines the role of deregulation in the final part of a two-part report on the US airline industry Peter Passell NYT THAT the US airline industry is now suffering from excess capacity has proved a rude surprise to early proponents of deregulation, who believed that
      NYT  -  1,486 words
    • 975 28 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,
      975 words
    • 13014 36 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
      13,014 words
    • 3292 41 A £jLW. ontainerline NV: Bclsin Shpg Agencies Pie Ltd (SyManne Handling Sdn Bhd (PK/PN) Accord (.roup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pie Ltd (S) \hrenkiel l iner Service: Kim Shpg Trdg(S). Vlbatros Sen- Air Service: Frata Shpg Pie
      3,292 words
    • 240 41 Abacus owkn Tel: 545-8011. Fax: *****98. Air K.ipnu Travel Tel: 533-5771. Fa*: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Ainwift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Td: 344-3377. Fax: *****50. Cluster link Supplies A Services
      240 words
    • 1478 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air
      1,478 words
    • 1834 42 ARGENTINA Rosario: No vessels operating; vessels berthed in ballast awaiting orders. Villa Constitution: No vessels in port; none in roads. San Nicolas: Four vessels in port of which 2 discharging coal, I loading grain, 1 in ballast awaiting orders; 3 vessels in roads awaiting berth to discharge iron
      1,834 words
    • 545 42 ARRIVALS DEPARTURES Op Might Type ETA T From Op Flight Type ETD T lo TODAY TODAY JAL JL6I7 B747F 0200 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0220 I SEL FDX FM66 B747F 0300 1 BKK/HKG/ NCA KZ205 B747F 0310 I NRT NRT/ANC/
      545 words
    • 234 42 SHIP SALES TANKER RATES Reuter AFP FRESH sales of vessels for continuing trading or demoliton were slow to emerge on the secondhand tonnage market due to the recent Christmas and New Year holidays, brokers said. TANKER RATES RATES showed little change from levels prevailing at the end of last year,
      Reuter; AFP  -  234 words
    • 367 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Dep Name of Vessel ETA FIT) Port Agent Ports of Calls JANUARY 09 09 Ocean Pearl 0700 1200 Reefer Lines Sin-P Sepa 11 12 Odessa 1400 2000 S'pore Soviet Shpg Penang-Sin-K Kinabalu 13 14 Song of Rower 1100 2300 Neptune Agencies Phuket-Sin-P Pangkor 19
      367 words
    • SHIPS IN PORT
      • 572 43 Vnui Voy No Berth Arrwai Departort VtSMi Voy No Berth Arrwal Dtpartwt Keppd Wharves Kobe 5 P2B 07 01/1500 0801/0900 Or AUn Ma 37EB C10 alongside 07 01/1930 Pacific M SWA? 88 P3E 07 01/1800 0801/1000 G Arrow 31 K30 alongside 07 01/2300 Salvia 2 on P4A
        572 words
      • 1255 43 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Bootunt/Babnce Rsits 2ip Voy No Etb/Btr Period From To From s ACX lade 29A 09/1900 1 07/1500 07/1659 07/1900 F 3 08/0700 08/1159 08/1400 4 08/1200 08/1*59 08/1700 An Frmmtle ***** 10/1500 1 07/1500 07/1659 07/1900 3 08/0700 08/1159
        1,255 words
      • 244 43 riohore Port Berth 1: Eastern Bright. Berth 2: Amelia, Bunga Mas Berth 3: Sing Li. Berth 4: Hercules Berth 5: Northwmd Minerva berth 6: Exit 2. Oi jetty: Subur DCJ: Petro Lmtas. flue on Jan 7: Matsu Kaze. Suvotro, Johan 3, Pernas Skoi. "Due on Jan 8:
        244 words
    • 989 43 CHARTER ING on the dry cargo freight market ended a quiet week with very few fixtures as operators continued their holidays, brokers said. "There is no physical market on Friday and there has been none last week, operators are waiting until this week for activity to pick up,"
      989 words
    • 405 44 WESTERN German shipyards enjoyed strong increases in output in 1990, according to preliminary figures from the German shipbuilding and offshore technology industry association VDM. The yards delivered 88 vessels, a gain of 51 per cent on 1989. In gross tonnage terms production increased by
      405 words
    • 188 44 UPI UNITED AIRLINES plans to expand its service to the Pacific in August, including new nonstop flights between Los Angeles and Auckland, New Zealand. Other plans include: Extension of service to Brisbane, Australia, on the current Los Angeles-Sydney flight. Establishment of a mini-hub in
      UPI  -  188 words
    • 376 44 UPI AMERICAN AIRLINES again blaming what it called an illegal job action by its pilots announced last Friday that it will cancel 11 per cent of its 2,300 daily flights by February to cope with the pilot problem. The carrier said the reduction
      UPI  -  376 words
    • 206 44 NYT AIRPORT officials in Israel last weekend said that the number of airlines announcing a temporary suspension of service to Israel had risen to five. The airlines are blaming skyrocketing insurance rates stemming from fears of a Gulf war. At the same time, Sweden and
      NYT  -  206 words
  • Page 27 Advertisements
    • 220 27 SSWK NBVG METAL CO PTE LTD U TUA3 AVE 14, StNOAPOfIe HU TELEX R3 20»7I SHMCPI TEL: 861 M 55 tS*n*) TELEFAX: Ml 2M« W1 < ,0, bniJCSKM* roqu* MTMUrOM. UAUIIiA Cor»mkx iiailamo, iNoarw.tiA gft CUM LPO rtNLtrnNM 'lamwii CenUioe Mendlere end $*>»• t.)>V^ n Fin Tru<*M 3«J«AA» Gmm> w<w|
      220 words
    • 52 27 A» Forwarders 15 fcr freight Schedule 16 Contarer Schedule 17 Courier Semes 15 Cruse Ferry Schedules 16 Daly Fretfrts 17 Me to Advertisers 3 Port Conditaß 16 Shaping Agents 15 Shppng Gtade 10.11 Shpsaies/T anker Rates 16 SNps n Port 17 Singapore Tides 17 Transport Diary 2 Weather and Sea
      52 words

  • Page 28 Advertisements
    • 89 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS <c> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words

  • Page 29 Advertisements
    • 2071 29 anmm JARDINt SHIPPING AGENCIES 411Ih ?00 Cantonment Road #12-05 Southpoint. Singapore 0208 |MrVIH All If# Tel *****11 TELEX NO RS ***** liflinil TERMINAL CFS Tel *****18 220 m IT 71 BOOKINGS Tc< *****34 235 L VCCC# J 'ESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 NO MA*****iMA***** HIH
      2,071 words
    • 955 29 INDEX TOUVERIISERS Pige Col Pa*e Col !A| I M ABCConu.ncri.ne 13 5 Mac-Nd.Agenc.es 14 1/2 Accord Group 8 1-3 Albatros Sea-Air 14 3 L.ne 3 4/5 APL 5 3-5 M,SC 14 13 APC Line 13 4 M sia Shpg Corp 9 1/2 Arrow Lines 9 5 Mendelssohn 6 2/3 ASCL
      955 words
    • 2071 29 ■Oman NEXT USA SAILING MA6LEBY MAERSN V.9102 ETA SIN 15/1/91 Vn»l Voy ETA I ETD 'Poet "Penang DESTINATIONS Singapore Keiang This Mag.eD, Mae sk 910? F««o«r by cv ivi 0000 mrs fmrcc i IHH iHH WK/M WKKti CFS 14/1 2300 MRS M Tauro OAK LQB HOU MEM ATL MIA CHS
      2,071 words

  • Page 30 Advertisements
    • 1249 30 T ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG DREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS 97/505 12/1 29/1 31/1 3/2 BENAVON 98/508 20/1 6/2 8/2 11/2 MONTE ROSA 11/507 24/1 18/2 12'2 'I' 2 1"* KASUGA 13/511 27/1 13/2 IV2 18/2 BREMEN EXPRESS 01/510 31/1 25/2 19/2 18/2 24/2
      1,249 words
    • 521 30 DIRECT SOUTH PACIFIC SERVICE I SIN NOU SUV PPT L. J. BONTAN<; 21-2K/I 9/2 11/2 16/2 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO, APIA I NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO L J BON TANG 21-28/1 1/3 2/3 5/3 6/3 7/3 Cillao
      521 words
    • 1475 30 Blvmasia &ssm HBImHI REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) Mm NORASIA SHARJAH 9045 3 14/01 04/02 05/02 09/02 10/02 11/02 12/02 13/02 14/02 NORASIA MUBARAK 9046 3 21/01 26/01 10/02 15/02 16/02 17/02
      1,475 words

  • Page 31 Advertisements
    • 1774 31 Steamers Maritime Holdings Ltd Wt P&O AC Nf STRAITS SHIPPING k j Stafapore to BriiMl, East Malaysia, Containers tsum -u. Voy No P Kiang S pwe S lon H Durg B hiven run Led 10*10 EXPRESS 97,50S BAN 0901 13*1 Wl 01 <B 03 0? ACCEPTS DUE SAILS BtNAvON 50g
      1,774 words
    • 1808 31 TO: EUROPE TO: FAR EAST —SPORE HC MO *08 BU SP IH ROM MAM B MVN BRE fl* HANJIN fELEXSTONE OOK 11/ l 14(1 I*l 111 71/1 MANJtN ROIIENOAM ULTD 7 1 2*l 2*l >7 1 211 71,1 «1 CHO VANG PARK HI IE IVI 141 1»1 22/1 2SI CMOYANG
      1,808 words
    • 371 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION AMBALIKA TANJONG SEKI TRADER PRIOK PINE VOY NO 14 59 8 25 S pore SM In Pt 9/1 22/1 P. Kelang In Pt 8/1 11/1 24/1 Penang 13/1 Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Hochiminh NOTE ALSO
      371 words

  • Page 32 Advertisements
    • 728 32 MlUfei CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY S PORE ROAM ADAM H BURG BREMEN ANTWERP MAT ARAM, ?WfB 4/2 8/3 13/3 16/3 20/3 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|«ct to inducement Also accepting cargo lo Casablanca. Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTINC BOTH
      728 words
    • 795 32 HANJIN SHIPPING I yy FULL CONTAINER SERVICE I S pore I LEH RTM ANR HAM BRV FEL FEEOCR VSL SIN LINE HAUL LAX OAK 7 1 1231 25 1 25,1 27,1 28 1 CHOYANG PARK OUE 14/1 H OAKLANO 012E 11/2 14/2 12/1 J30.1 Jlil 1,2 1/2 3/2 42 HANJIN
      795 words
    • 247 32 EUROZONE FREIGHT SERVICES PTE LTD NO JO MAXWf U »OAO «<? MAXVWLI woust SMCAPOnf O'O* ret nt'9939u«*si rax nisi« tlx. «s ?«oo tm srct Weekly Expma FCL LCL CONSOLE SVCS. TO/FROM TAIWAN HKG BKK USA UK EUROPE Services To: BRUNEI. K MALAYSIA F EAST PORTS PROVIDE INT L TRUCKING DOOR
      247 words
    • 1352 32 IPKI SGP MKG KSC KLC PUS HKT OSK NCY SM2 TYO LAX CHS BAL NYC LHV ANW ROM TMP HBC PSO CMB PKL SGP I E GRAND RE 014 *1 11/1 IVI 17a I*l 21/1 23/1 2VI 2*l 27/1 2*l 1/2 20/2 22/2 23/2 5/3 *3 7/3 *3 I*3 20/3
      1,352 words

  • Page 33 Advertisements
    • 1628 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****/7 (CR NO: **********0E) J BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 L 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 K 1^(03) E 26H03X H PKclang-(03) *****87, Penang
      1,628 words
    • 1088 33 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 EAST BOUND LOADING FOR WESTBOUND VESSELS VOYAGE ISPOtt (MANILA MKONC VOYAGE SPORE PKLANG HBURG B HAVEN
      1,088 words

  • Page 34 Advertisements
    • 1537 34 Q K LINE KAWASAKI KISEN KAISHA. LID. jj EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH WEST /sn7 rrr[llrs r i r c r, ///SEI r as i 5? HSr* r a ffl MCOITERRANEA 13 16,1 17/1 19'1 MACKINAC BRIDGE 43 10(2 13'? I« 18/2 5^2 'V/ (^s
      1,537 words
    • 1220 34 »PHIU OttICNT LIN€S PT€ LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 Y TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION y 11^■ I rll ll' 5 JAN MONTREAL, OTTAWA,
      1,220 words

  • Page 35 Advertisements
    • 1446 35 ilines, luesaay January o mi gijsga PACIFIC INTERNATIONAL LINES (PTE) LTD JP J SHI PIL Building, 140 Cecil Street #03-00, Singapore 0106. 1 JAKARTA I BANGKOK I VESSEL WOV SIN JKT SIN VESSEL VOY SIN BKK SIN EDEN 9102 11/1 13/1 17/1 PEGASUS PROGRESS BSON 9/1 12/1 MAI GUANG 4358
      1,446 words
    • 1035 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE P KLANG SHAMPTON| HAMBURG BHAVEN R OAM L HAVRE Tokio Express' 97/505 13/1 Via BAN 30/1 212 4/2 Benavon 98/508 21/1 Via
      1,035 words
    • 315 35 mm, MYANMA pfi* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg MYOMAYWA VI3IW 810 Jan HPA AN VISBW In Pt AVA Vlo6# 14/17 Jan \ai THE BANK UNE (A Mrvlc* of AndrowWalr Shipping) XT SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY 1 EXPRESS TO PAPUA NEW
      315 words



  • Page 38 Advertisements
    • 757 38 *e 1Z IMFSJN INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV ROM AN I HBC PARIS SEN Wflo4 U/l Hi 4/2 W 2 SACHSIN WMIO4 16,1 11/2 10/2 W 12/2 "2 PANAMA SEN WFltt 30,1 21/2 22/2 24/2 7S/2 KECKUNBURC WMlOb 24,1 22/2 21/2 24/2
      757 words
    • 873 38 -TCRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 12 JAN 10 JAN LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 11/01 18/01 MANILA 12/01 19/01 PENANG 11/01 18/01 BUSAN 12/01 19/01 BANGKOK 11/01 4 '5/01 TOKYO
      873 words
    • 250 38 LOADING fOR VISSCI rsTOttf CK> 08N BAI»fS MVIMO *10 SYS V.T PACUA £m»l 25/3 M l 1M m !t* OPT V 91S01I DISCHARGING FM BRAZIL VESSEL SfOM IMM MNL Mi Y<* NGO 808 MOSTWitN I 1,. w v nmi I V J Regular BBulk and Container Service Direct to Turkey.
      250 words
    • 1075 38 SP CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TELEX TE R L S SawsHiP I 2, MISTRI ROAD. HMC BUILDING FAX: 2261JK I #15-00, SINGAPORE 0207 CABLE: COSTARLINE I CR NO **********0 M I General Agents: COSTAR SHIPPING PTE LTD I TO EUROPE FROM EUROPE I SGP I FLX
      1,075 words

  • Page 39 Advertisements
    • 785 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA VII IPI Destns 12/1. 19/1 EUROPE all Ports 12/1, 19/1 BANGKOK 12/1, 17/1 HONGKONG/CHINA 12/1, 15/1 SYD, MEL, ADEL, BRIS 14/1, 21/1 EREMANTLE 10/1, 18/1 MANILA 11/ L 18/1 PKLG/PENANG 12/1, 16/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
      785 words
    • 258 39 £§3 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) m FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA I LOADING FOR SPORE ABOAY W(W TTWB 5/<» DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET
      258 words
    • 671 39 MASKAPAI PELAYARAN P»PULAU LAUT FULLY CONTAINERISED R E G, pNAL FEEMR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORf, INDONESIA, MALAYSIA I 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
      671 words
    • 580 39 BANGKOK CEBU/MANILA J VESSEL VOY SINGAPORE BANGKOK VESSEL |vOY S PORE CEBU MANILA* SIAM PAETRA' (ON Wed 9/1 Sat 12/1 SD STAR m 11/1 17/1 19/1 JENUNK 39N Thuf 10/1 Sun 13/1 Km BHU M Q3B 14/1 24/1 26/1 NANTA BHUM 23W Thur 10/1 Sun 13/1 S0 STAR 04A~ 25/1
      580 words
    • 329 39 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: tnt express V 263 ETA 13/1/91 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN 1 Vj| Hfi Fli Ham Ant Fot/ttar Li» Span TNT EXPRESS 29/11 10/12 12/12 7/12 22/12
      329 words

  • Page 40 Advertisements
    • 1301 40 MAC-NELS SINGAPORE export tel *****22 import tel *****02 PByAkH PENANG TEL (04 *****6 KK TEL (088) *****0 TAWAU TEL (089) 7/8679 I -/x P KELANG TEL (03)*****7/ KUCHING TEL (082) *****3' SKAN TEL (089)*****2 I IV/ J BAHRU TEL (0/) *****2 SIBU TEL (084 *****2 LABUAN TEL (087) *****9 JAKARTA
      1,301 words
    • 393 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED MONTHLY SAILINGS DISCHARGING AT NKW PORT CHALMERS ACCEPTING Ft 1- ML FOR AUCKLAND, NAPIKR, WELLINGTON, BLUFF. CHRISTCHURCIL DUNEDIN, LYTTELTON. INVKKCAKGIL, FIJI ANI) TAHITI jIH N PL* AUCK t'T MANDAMA 0588 ttb" PREMIER 10S 31 Jin 5 Feb NPI
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