The Business Times, 14 January 1991

Total Pages: 44
1 44 The Business Times
  • 11 1 Business Times MCI (P) 16/12/90 Monday January 14 1991 75* I
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  • NEWS SUMMARY
    • 50 1 MALAYSIAN Finance Minister Daim Zainuddin yesterday said he was "serious about resigning" and he planned to meet Prime Minister Mahathir Mohamad soon to discuss it. "I have always maintained that my term would be temporary," Mr Daim said in an interview with TV 3.
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    • 34 1 THE Hongkong government will press on with a controversial project to build a new airport, Hongkong's Secretary for the Treasury, Hamish Macleod, said yesterday. See back page
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    • 30 1 SEVENTY exhibitions have been booked for the World Trade Centre Exhibition Centre (WTC) this year, six more than the number held there last year Page 2
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    • 20 1 MALAYSIA is expected to achieve NIC status sooner than anticipated, says a Malaysian newspaper Page 8
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    • 40 1 THE ECONOMY in western Germany has reaped huge benefits from unification with the former East Germany last year, boosting real growth to 4.6 per cent over the previous year in the best such performance since 1976 Page 8
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    • 27 1 US TRADE Representative Carla Hills is pessimistic about the chances of a successful outcome to the stalemated Uruguay Round of trade liberalisation talks Page 8
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    • 26 1 LIKE AN AVALANCHE gathering speed, the recession of 1991 is threatening to cut a broad swath through the US economy Page 10
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    • 16 1 BRAZILIAN businessman Ricardo Semler is seeing his unconventional management practices pay off. Page 12
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    • 37 1 MARKETING has been regarded with suspicion by some in the arts world as a threat to artistic integrity but more are finding that it provides the financial means for artistry to flourish Page 17
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    • 22 1 JURONG Shipyard Ltd achieved record sales last year of an estimated 5360 million. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 26 1 PALM RESORT Golf and Country Club, a golfing-cum-residential complex in Johor, is launching its first foreign membership drive at MS 100,000 each Page 3
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    • 35 1 THE Park Plaza group has been appointed to manage a service apartment development in Sydney's Kings Cross for its joint owners. Straits Steamship Land's Australian subsidiary, Straits Steamship, and Comrealty Page 3
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    • 26 1 SYARIKAT Televisyen Malaysia Bhd (TV3) is seeking to acquire a piece of land to build its new headquarters for future expansion Page 3
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    • 28 1 PAN AM has obtained access to US$5O million of the US$l5O million loan that was authorised by a bankruptcy judge last week Page 5
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    • 30 1 WASHINGTON is grappling with the controversial issue of whether to protect all depositors when banks fail and is looking for ways to scale back these bailouts Page 6
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    • 22 1 ASTRONOMICAL costs, shrinking turnover and slumping share prices are taking their toll on foreign brokerages in Japan Page 6
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    • Article, Illustration
      27 1 Friday Change BT-MGA 579.86 +3.32 Kuala Lumpur 482.11 +0.33 Hongkong 3,058.37 +22.84 Tokyo 23,241.02 +193.66 Sydney 1,243.1 +9.4 New York 2.501.49 +2.73 London 2,106.1 -2.6
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    • 19 1 Exchange rates USS SSI.7570 Yen SSI.3058 MS SS0.6448 Money market rates Overnight 4 1/8 unch 3-month 4-9/16% unch
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    • 36 1 London Gold AM fix US$390.40 +USSI.90 Rubber S'pore Feb 150.50«/kg +1.00 M'sia Feb 236.50*/kg unch KL Tin Turnover 63 tonnes+ 33 Spot MS 15.10/kg unch Crude palm oil Turnover 55 Mots -141 Jan M$894/tonne +6
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  • 436 1  -  By Lilian Ang THE GOVERNMENT, pressing ahead with its plans to promote greater appreciation of the arts, is expected to make the proposed Singapore National Arts Council a statutory board. Sources point out that as a statutory board, the arts council will have
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  • 485 1 'UN chief bringing with him five-point peace plan' Agencies THE WORLD held its breath yesterday as United Nations Secretary General Javier Perez de Cuellar met Iraqi President Saddam Hussein in a last-minute attempt to avert a Gulf war. The crucial talks in Baghdad
    Agencies  -  485 words
  • 442 1  -  From Chuang Peck Ming in KUALA LUMPUR MR GOH CHOK TONG's first visit to Malaysia as prime minister represents the turning of a page in the history of bilateral ties between Singapore and its neighbour across the Causeway. This was
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  • 402 1  -  By David Chew AS THE DISPUTE over palm oil prices continues in Malaysia, refineries are deliberating whether to seek cheaper Indonesian crude palm oil (CPO) or continue to operate at 30 per cent capacity with some plants possibly having
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  • Page 1 Advertisements
    • 278 1 AIIKIMOTO The Originator of Cultured Pearls j 1 Since 1093 \M£\ KAMPOOLI I V II' ILIVLLLLRS J*:. Wljf 6H Orchdrd Road 4P> A mf j #01-07 Plaza Singapura Wrl (Ground Floor) Singapore 0«*23 I el: 33b-1381 1 11 Aircraft Schedule 25 Market Reviews 20 World News 8 The Arts 15,17
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    • 3 1 Analysis, Pg 10
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    • 136 1 Dulux THE BETTER PAINT 1 —lj Focus, Page 9 DAD. WILL YOU STIII SEE THE SAME STARS j TOMORROW? H HHu .ifl W.I, that depend, where '»«•«< Dad travel,. Tomorrow, he's ur twork •"•*<*«>« heading off across the Pacific furth er than you possibly for a conference. And although imagine.
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  • HOME NEWS
    • NEWS ROUNDUP
      • 96 2 MINDEF and the Singapore Armed Forces need a fair share of top talent as the nation's defence does not involve money alone but quality manpower as well, said the Second Minister for Defence, Dr Yeo Ning Hong, on Saturday. Dr Yeo also cited the
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      • 72 2 HE development of Singapore into a tropical city of excellence need not necessarily be dictated by modern-day trends, said Minister for National Development S Dhanabalan on Saturday. He said that residential buildings need not be high-tech but, more importantly, attention should be given to creating an
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      • 53 2 GOH PHAI CHENG, a Deputy Parliamentary Counsel in the \ttorney-General's chambers, has been appointed as Judicial Commissioner and President of the Industrial Arbitration Court for a period of one year. An announcement from the Prime Minister's office on Saturday said that Mr Goh will i :ike up his
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      • 73 2 MENDAKI Holdings, which is introducing a unit trust fund scheme soon, has invited designs for a logo for the fund. In a press release, Mendaki said that a design competition will be oiganised for this purpose and the winner will receive $1,000 worth of units
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      • 81 2 REPRESENTATIVES from nine British companies specialising in diverse products ranging from the production of toughened glass for vehicles to the provision of support services and personnel for the oil industry will be visiting Singapore on Jan 19. The trade mission is organised by the Three Counties
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      • 132 2 IHREE MORE charities will be joining the Community Chest of Singapore for funding this year. The three new member charities are the Society For Aid to the Paralysed, Taman Bacaan and the Family Life Society. According to a Community Chest news release, the number of charities under
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    • 485 2  -  By! Schutz Lee SEVENTY exhibitions have been booked for the World Trade Centre (WTC) Exhibition Centre this year, six more than the number held there last year. The shows, of which 18 are new, represent a mix ot themes catering to consumers,
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    • 174 2 THE Soviet Union, keen to show the opportunities it can offer to investors as it restructures its economy, will be holding its first major exhibition here in April. Techno Soviet '91 is a relaunch of a similar but smaller exhibition held last year.
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    • 365 2  -  By Harish Mehta A STRING of joint Singa-pore-France education projects are in the pipeline, and are expected to beef up the Republic's economic links with France and the European Community. Details of a new agreement to give fresh direction to the French-Singapore Institute are being
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  • Page 2 Advertisements
    • 192 2 OKI £T" OKI KEEPS \DU '7% IN TOUCH WITH THE WORLD Three super answers to your communications needs. With its proven expertise in communication systems, Oki is equipped to provide your vital link with the rest of the world. Business communications will be quicker okicom 'G'senes and smoother, especially crucial
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 460 3  -  By William Chia PALM RESORT Golf and Country Club, the golfing-cum-residential complex in Johor, jointly owned by Amcol Holdings and Japanese Kasugai Kanko Kaihatsu, is launching its first foreign membership drive at M$ 100,000 each. Mr Yoshiharu Miyake, managing director of Palm Resort, told BT
      460 words
    • 411 3  -  From Florence Chong in SYDNEY THE Park Plaza group has been appointed to manage a service apartment development in Sydney's Kings Cross for its joint owners, Straits Steamship Land's Australian subsidiary, Straits Steamship, and Comrealty. Park Plaza International, part of the Japanese EIE group, is
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    • 576 3 DESPITE the Gulf uncertainties, leading companies in the Malaysian electrical home appliances industry are confident of a double-digit growth this year. Given the country's strong economic growth and its status as a net oil exporter, an overall 20 per cent growth in
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    • 629 3 MARKET TALK But thev are also keeping an eye peeled for profit opportunities Reuter AS the world stands on the brink of war, American stock investors are gearing up for the worst, while preparing to pounce on profit opportunities, analysts said. In the days
      Reuter  -  629 words
    • 257 3 Bernama SYARIKAT Televisyen Malaysia Bhd, also known as TV3, is seeking to acquire a piece of land to build its new headquarters for future expansion, said managing director Ishak bin Abdul Hamid yesterday in Kuala Lumpur. He told reporters after the company's
      Bernama  -  257 words
    • COMPANY BRIEFS
      • 99 3 MALAYSIAN-based Perbadanan Nasional Berhad (Pernas) has signed a five-year guarantee facility for Msl2o million (5577.5 million) with 10 international banks. The facility, in support of Pernas' Corporate Bond Issue, was arranged and underwritten by Fuji Bank, Singapore, Ltd. The proceeds of the
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      • 86 3 MALAYSIAN General Investment Corporation Bhd (MGIC) today said it has submitted to Fraser's Hill Development Corporation a conceptual master development plan to be forwarded to the Pahang state government for the development of Fraser's Hill. In a reply to the Kuala Lumpur Stock Exchange yesterday, MGIC
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      • 147 3 AMANAH Merchant Bank Bhd said on behalf of Far East Holdings Bhd yesterday that the statement made by Far East chairman Haji Abu Dahari Osman that the company was scheduled to be listed on the Kuala Lumpur Stock Exchange on Jan 31 was based
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      • 67 3 FABER Group Bhd said the receivership in Faber Kompleks Sdn Bhd, its wholly-owned subsidiary, would be lifted today. A companv statement said this followed a settlement amounting to $2l' million made on Dec 31 to a syndicate of banks, in respect of a term loan facility
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      • 151 3 THE Capital Issues Committee has approved Hong Leong Credit Bhd's proposed rights issue at a revised issue price ol $2.00 per $1 share, said D&C Mitsui Merchant Bankers Bhd today. It said on behalf of the company that the CIC also approved Hong Leong Credit's proposed
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  • Page 3 Advertisements
    • 73 3 Mr/ /jm —f JWr^WB Thrill to the exuberance of a sleek streamlined aerodynamic car that gives power with its state-of-the-art Boxer engine and low pressure power steering. Check out the refinements of the new Alfa 33*. They have /Ar» jpj^M the power to impress. (QAri^99ii] Leaded and Unleaded Fuel Compatible.
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  • REGIONAL COMPANY NEWS
    • 712 4 FT Reuter NEWS Corporation Ltd, the Australian-based international communications company, has said that stockholders' equity as of June 30, 1990, declined by A 57.865 billion when it altered its financial statements to conform with US accounting rules. Under Australian accounting rules, stockholders' equity totalled A$
      FT; Reuter  -  712 words
    • 362 4 HONGKONG'S Lau broth- I ers, of Evergo International i Holdings, are back in the I news again. They are trying to raise HKS3OB million through a I one-for-two rights issue to pay off the debt that they incurred when they tried to fend off
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    • COMPANY BRIEFS
      • 136 4 JCB INTERNATIONAL Co Ltd, a wholly-owned US unit of Japan's largest credit card firm, JCB Co Ltd, will issue individual consumer credit cards in the US, a JCB spokeswoman said. It has issued over 20,000 credit cards for corporate users in the
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      • 92 4 HYUNDAI CORP, the trading arm of Hyundai Group, will set up two joint venture companies with Indonesian partners, a company spokesman said. A construction firm, tentatively named PT Hyundai Arti Industrial Service, will have paid-in capital of US$BOO,OOO under a contract signed last September. Hyundai
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      • 96 4 INDONESIAN state oil company Pertamina said it signed a production sharing contract with British Petroleum Co pLc in which BP will invest US$lOl.5 million over 10 years to explore 9,825 sq km off the west coast of Lombok island. It also extended contracts with Unocal Corp
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      • 134 4 THE HONGKONG High Court on Friday sentenced Hongkong's former comics king, Tony Wong, who established a multi-million dollar empire by selling kung-fu cartoons, to four years in jail on two fraud charges. Mr Wong. 39, who had emerged as a Hongkong success story after starting oft
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      • 97 4 VIETNAM has signed a joint oil exploration agreement with Australia's BHP Petroleum Pty, a subsidiary of Broken Hill Proprietary Co, its 10th such joint venture with a non-social-ist country since May 1988. Hanoi's state-run oil body, PetroVietnam. signed the 25-year agreement on Thursday to
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  • Page 4 Advertisements
    • 140 4 How to get 10 countries on one line within 30 minutes. v-^yvlMlP^^^« < x jPPjPr^^ International Telephone Conference Service You don't have to leave Singapore to hold a destinations and telephone numbers of the people quick international meeting. You can do it all on you wish to confer with. the
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  • INTERNATIONAL COMPANY NEWS
    • 467 5 NYT PAN AM got access last Friday to US$5O million of the US$l5O million loan that was authorised by a bankruptcy judge on Thursday night. The money, which the ailing carrier had said it needed to avert a shutdown within days, came from a
      NYT  -  467 words
    • COMPANY BRIEFS
      • 80 5 BAKER HUGHES Inc said the US Justice Department earlier this week subpoenaed price infprmation on rock bits from it and other manufacturers. Isaac Kerridge, a vicc president at the oil and gas driller, said he understood nc allegations had been made by the Justice Department. H<
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      • 83 5 NET PROFIT in 1990 of copier maker Oce-Van der Grinten will be about 86 million guilders against 84.7 million in the previous year, chairman Harry Pennings said in a New Yeai speech. Last year's turnover rose to about 2.3 billion guilder* from 2.13 billion in
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      • 92 5 SHARES in diversified engineering group Hawker Siddeley Group pic were 12p lower at 424 at 1045 GMT. Dealers said a broker's recent cautious comments on the firm had contributed to the fall. Janet Sidaway, engineering analyst at Kleinwort Benson, warned in December that Hawker Siddeley
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      • 48 5 THE Ford car manufacturer on Friday announced plans to reduce its British workforce by 900 people on a basis of voluntary redundancy. Most of the jobs would be cut at the factory at Halewood on Merseyside, north-west England, the company said.
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    • 490 5 Reuter NCR CORP, facing a Tuesday deadline of American Telephone and Telegraph Co's tender offer, is under growing pressure to negotiate with the telephone giant, say US analysts and arbitrageurs. Most Wall Street analysts have already concluded that AT&T will garner
      Reuter  -  490 words
    • 200 5 Reuter A COAL dumping complaint by state-owned British Coal to the European Commission poses no threat to the imminent privatisation of UK generating firms National Power and Power Gen, analysts said. British Coal said earlier it had complained about coal dumping by the
      Reuter  -  200 words
  • Page 5 Advertisements
    • 6 5 ICHARTPOINT Every Saturday in Business Times
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    • 79 5 PATEK PHILIPPE H GENEVE Bf9 k1 Eastern Watch MM If you're seeking the watch of your mw dreams, come to Roy Eastern, where the city's finest collection of exclusive watches awaits you. And with our wide network of links, we'll put even the rarest of watches into your hands... time
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 73 6 B \HRAIN-BASED investment bank Investcorp plans to hold is level of investments this year at last year's US$l.5 billion, president Nemir Kirdar said in a newspaper interview. However, said that his leading clients were currently keeping their unds in cash while awaiting the outcome of
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      • 85 6 VESTPAC Banking Corp has the biggest exposure to Austraian media group News Corp, with a direct loan exposure of ilnvost US$6OO million, a banker in the News Corp bank roup said. It is followed by Citibank, Commonwealth Bank >f Australia and Midland Bank. Midland's exposure
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      • 97 6 rEMPLETON, Galbraith and Hansberger said it holds 53.29 nillion shares in Australia and New Zealand Banking Group, rhe stake, equal to 5.46 per cent of ANZ's issued capital, was evealed under new Australian corporate law requiring disclo.ure of shareholdings of 5 per cent or more in
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      • 88 6 IHE US Office of Thrift Supervision has placed Far West Savings and Loan Association, owned by Far West Financial Corp, under government management because it was operating in an unsound condition. The controlling interest in Far West Financial is held by the Belzberg family of
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      • 89 6 BRITISH subsidiaries of Nomura Securities and Daiwa Securities will advise three Hungarian companies in their privatisation efforts, company spokesmen said. Nomura International has been appointed by Hungary's State Property Agency (SPA) to advise major pharmaceutical firm Richter Gedeon Chemicals and hotel company Danubius Hotels and Co, a
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      • 2 6 Dollar$ Non$en$e
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    • 460 6 Moves to roll back protection at the margins Reuter THE Bush Administration is grappling with the controversial issue of whether to protect all depositors when banks fail and is looking for ways to scale-back these bailouts. "We think it's gone too far and can be
      Reuter  -  460 words
    • 456 6 Reuter ASTRONOMICAL costs, shrinking turnover and slumping share prices are taking their toll on foreign brokerages in Japan, many of which set up shop in the late 1980s, during the balmy days of Tokyo's bull run. "Everyone's looking around, worried who's
      Reuter  -  456 words
    • 461 6 NYT NO SINGLE statistic can foretell which US banks will fail, but from the welter of financial reports banks issue, government and private analysts can glean strong hints which are the shakiest. While most bank failures involve small institutions, analysts say that
      NYT  -  461 words
  • Page 6 Advertisements
    • 243 6 SIEMENS Ten manufacturing plants p > Southeast Asia, engineering, sales and i over 5,000 employees B Jjj^Hfl region, this is what Siemens B HI lli BjU J y^Tfß Southeast Asia is all about. Producing V, K^TlHmICi jP sophisticated electronic components. BfiVH 2, k, mt, i "fe BfeSta T k telecommunication
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  • Page 7 Advertisements
    • 130 7 There is a new airline in Asia, where a tradition of generous hospitality boldly embraces a bright new tomorrow. Welcome to Asianawhere inflight service reaches new heights and where flying is fun again. From today, take the Executive Jet to Seoul. h Asiana announces SSSi'TßrrSrrT 1 Singapore to Seoul-via Bangkok-
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  • THE WORLD
    • WORLD WATCH
      • 96 8 OVERSEAS CHINESE and those from Taiwan, Hongkong and Macau visiting China after April 1 will find themselves paving the same prices as other foreign tourists. The semiofficial China News Service last Saturday quoted the Chinese Tourist Office as saying that profits resulting from the common
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      • 99 8 EXPORTS from the Soviet Union to former Eastern Bloc countries will drop by a third this year as output from the aging oil fields in the troubled nation continues to decline, says a US analyst. "The Soviets are looking at their oil industry collapsing
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      • 83 8 INDONESIA will produce 1.52 million barrels of oil a day in January, up from 1.48 million barrels last month. Mining and Energy Minister Ginanjar Kartasasmita said in Jakarta last Saturday that Indonesia would reduce its oil production to the quota of 1.37 million barrels a day
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      • 71 8 MORE PEOPLE will be trained to take up jobs in Malaysia's garment industry in view of the shortage of skilled manpower in the sector, says the chairman of the Malaysian Textile Manufacturers Association. Datuk Ali Esa said in Malacca last Saturday that such training programmes
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      • 52 8 INDIA is to export 10,000 cars to Yugoslavia under an agreement signed in New Delhi last Saturday. The shipments, estimated to cost US$36 million, were to be spread over the next three years, officials said. The Maruti cars to be supplied are produced in collaboration with
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      • 80 8 MACAU has been accepted as a member of the General Agreement on Tariffs and Trade (Gatt). Macau's acting governor, Murterira Nabo, announced on Saturday that the Portuguese enclave became a Gatt member last Friday following requests from the Chinese and Portuguese governments. Under an agreement signed by
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    • 396 8 Boom likely to be sustained despite negative factors MBT MALAYSIA is expected to achieve NIC (newly-industri-alised country) status sooner than anticipated, Asian Finance said in its 1991 forecast for the country. Malaysia's three-year economic boom can well be sustained this year due to
      MBT  -  396 words
    • 284 8 EMIGRATION from Hongkong to Australia this year is expected to be higher than the annual rate of 17,000 following the bloody crackdown on pro-democracy protests in Tiananmen Square on June 4, 1989, the South China Morning Post reported last Saturday. A total
      284 words
    • 207 8 AFP US TRADE Representative Carta Hills has admitted that she is pessimistic about the chances of a successful outcome to the stalemated Uruguay Round of trade liberalisation negotiations. She told reporters in Washington last Friday that she believed the chances of success
      AFP  -  207 words
    • 616 8 AFP THE ECONOMY in western Germany has reaped huge benefits from unification with formerly communist East Germany last year, boosting real growth to 4.6 per cent over the previous year in the best such performance since 1976, a statistics expert said. "Unification came
      AFP  -  616 words
    • 242 8 NYT JAPANESE electronicappliance manufacturers are working to establish industry design standards to reduce waste when the products are disposed of. Meanwhile, Japan's Ministry of International Trade and Industry says it will submit a Bill in the Diet to promote recycling of waste materials. The
      NYT  -  242 words
    • 537 8 Slowdown in prices expected to continue AFP THE US rounded out 1990 on a more positive note on the inflation front than it began the year, with a fall in wholesale prices last month announced last Friday by the American Labour Department. Most leading economists
      AFP  -  537 words
  • Page 8 Advertisements
    • 155 8 /mm^ I mjS&JS/S* i To stay competitive your connection starts here BlßilLMilittThHiiß For any business to thrive in today's environment one must always be prepared for today and ready for all the challenges of tomorrow. With further liberalisation of the world market state-of-the-art communication system becomes a necessary avenue to
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  • FOCUS
    • 477 9 THE US Congress has authorised President George Bush to wage war in the Gulf as early as Wednesday to drive Iraq out of Kuwait, but approval came in the closest Senate war vote in US history. The Senate on Saturday approved the war
      477 words
    • 249 9 NYT SAUDI ARABIA'S oilfields, refineries and pipelines are well protected and will probably suffer little damage in a Gulf war, say military and oil industry analysts. The largest Saudi oilfields and offshore oil platforms are within 480 km of the Kuwaiti border, well within
      NYT  -  249 words
    • 275 9 The Gulf Crisis UPI THE SOVIET parliament has directed President Mikhail Gorbachev to increase contacts with Iraq and the United States and to redouble his efforts at promoting a peaceful solution to the Gulf crisis. Deputies also said
      UPI  -  275 words
    • 205 9 Agencies HUNDREDS of thousands of demonstrators took to the streets in cities across the globe last Saturday to protest against threatened war in the Gulf. "No blood for oil," proclaimed banners at more than 100 rallies throughout Germany, where protesters called for continued dialogue
      Agencies  -  205 words
    • 386 9 Last year's USslob to be 80pc-financed AP OPERATION Desert Shield cost America US$lO billion last year, but most of that had been defrayed by contributions from America's Gulf allies, the White House said last week. Washington issued its first accounting of the operation's costs as
      AP  -  386 words
  • Page 9 Advertisements
    • 65 9 2»®% RENAULT 1991 (hSSKCHINESE NEW YEAR HONG PAO FOR TBADF IN* Under IOOOcc 1001 1600 cc 1601 2000 CC $***** $***** $***** np ONLY FOR CARS ELKi Bl E FOR PARF RENAULT 21 RE ETT L *****7 RENAULT 5 ARF NETT: $*****5 RENAULT 19 CHAMADE ARF NETT: $***** I UNLEADED
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  • ANALYSIS
    • 832 10  -  Chuang Peck Ming discusses the impact PM Goh's visits to Jakarta and KL will have on Asean solidarity Chuang Peck Ming The writer is on BT's Political and Economics Desk PRIME MINISTER Goh Chok Tong's visits to Jakarta and Kuala Lumpur
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    • 1543 10  -  Overall, 1991 won't be a pretty year for the US as a flagging economy will test its basic industries, say Michael Mandel, Christopher Farrell and Karen Pennar Michael Mandel, Christopher Farrell, Karen Pennar LIKE an avalanche gathering speed, the recession of 1991 is threatening to
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    • 530 10 EVER SINCE World War 11. people have looked to economists to tell them what to do when the economy turns sour. But this time around economists have little advice to offer. Certainly, that's the impression left by the annual meeting
      530 words
  • Page 10 Miscellaneous
    • 55 10 Doonesbury by garry trudeau ...AND IN THE GULF TODAY, W THE FIRST CONVNGENT^M THE CRUISE SHIP CIINARP ...WHERE IT WILL TAKE ON 1 I INCWPEP FORMRPUNITS (AJOMAN? THISCOULP PRINCESS ARRIVED AT WEARY MILITARY PERSON- r- I THAT HAVE &EEN PEPLO/EP BE A LONG AN UNDISCLOSED NEE FOR THREE PAY lIN
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  • ENTERPRISE & MANAGEMENT 2
    • 690 11 Seminars and courses Duration Title Venue Organiser Tel Jan 8 Program SMA House The Singapore *****87 Mar 12 Certificate In Manufacturer s Purchasing Skills Association Jan 8 Skills Techniques SISIR Novo Quality *****77 i Feb 7 On Quality Services Pte Ltd ext 132 Inspection Control (Basic) Jan 7 Export
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    • 961 11 America's Corning has been adept at moving into high-margin businesses such as laboratory services, optical fibres and speciality materials. Yet this high-tech portfolio looks strange beside its range of kitchenware, which accounts for only 28 per cent of total sales. Why is Corning
      The Economist  -  961 words
    • 1049 12  -  An office with no secretaries where the workers set their own wages would seem madness to most company heads. Christina Lamb reports on a highly unconventional style that has so far stood Semco of Brazil in good stead Christina Lamb FT MOST company presidents would
      FT  -  1,049 words
  • Page 11 Advertisements
    • 34 11 Management Consultancy SI/ I I I T T 1/ Seminars And Training II I I I I Business Assistance 11 I L L I L It Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
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    • 155 11 THE GROWTH TRIANGLE A Special Business Times Survey February 36, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of
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  • Page 12 Advertisements
    • 678 12 ifel r9HHUnH«H The In fa i r Advantage. ADVERTISEMENT »»•"»>»••- IS/I M mJm H I M -83 SSi'tX" J. llwl il A-Lix^JLil^ PERFECTION IS A CHALLENGE n ""j«~ TIME IS ITS WITNESS Jft Eberhard Co. Swiss made since 1887 /jEJ rt tfrn.M' 1 fcllmPk. -M- Wright Brothers Fly First bt.
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    • 15 12 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in Business Times.
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  • SPORTS 1
    • 791 13 Australian Open Agencies UNITED STATES Open champion Pete Sampras on Saturday withdrew from the Australian Open Tennis Championships, starting at the Flinders Park Stadium in Melbourne today. Sampras, the tournament's fourth seed, suffered shin splint soreness in his left leg during an exhibition
      Agencies  -  791 words
    • 379 13 UPI BLISTERING SERVES reaching 201 kph powered France's Guy Forget to an emphatic win over German Michael Stich in the final of the New South Wales State Open championship at Sydney's White City courts yesterday. Forget subdued a hapless Stich, who also had
      UPI  -  379 words
    • 186 13 AFP CZECHOSLOVAKIAN Karel Novacek beat France's Jean-Philipe Fleurian in straight sets yesterday to win the Benson and Hedges New Zealand Open singles title in Auckland. But both sets went to tie breaks, and Novacek, the tournament's fourth seed, said later that he thought
      AFP  -  186 words
    • SIDE LINES
      • 86 13 CHARLES WILLIAMS retained his International BoxinjFederation light heavyweight title with an unanimous decision over Zairean-born Italian challenger Mwehu Beya in Italy on Saturday night. The 28-year-old world champion from the United States attacked throughout the 12 rounds but could not knock out his opponent,
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      • 107 13 INJURIES were to play a big part in the two NFL playot: games yesterday. At least the deck is evenly stacked in th«. NFC game between the New York Giants and Chicago Boars In the AFC game, the Los Angeles Raiders are healthy and the Cincinnati
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      • 72 13 ISIAH THOMAS scored eight of his 25 points in overtime a > Detroit beat the Miami Heat 109-103 on Saturday night, giving the Pistons two overtime wins in as many nights and nine consecutive victories. The game was tied at 97 at the en.i of regulation before
        72 words
      • 113 13 DIEGO MARADONA has now had his basic wage slashed b\ an astounding 40 per cent for the rest of the season over h'.s refusal to travel to Moscow with Napoli team-mates for European Cup tie. The Argentinian captain, who was Suspended for yesterday's game against AS
        113 words
      • 109 13 STEPHEN HENDRY was sensationally wiped off the tabk 10-4 by Jimmy White in the final of the Mercantile Credit Snooker Classic at Bournemouth on Saturday. Unbeaten in 36 matches in world ranking tournaments and winner ol the first four this season, Hendry had his hopes of capturing
        109 words
      • 84 13 TWO SYNDICATES will view for the right to defend the America's Cup after the Beach Boys USA and America-3 syndicates merged. Team Dennis Conner, led by three-time Cup winner Dennis Conner, is the other officially recogniscd syndicate vying to represent the San Diego Yacht Club durinj?
        84 words
      • 65 13 PHIL MICKELSON, a left-handed amateur, shot a 7-under-par 65 on Saturday to take a 2-stroke lead after the third round of the US$l million Northern Telecom Tucson Open. "Money's not really a factor but I'm still like anybody else out here in that I still want
        65 words
      • 67 13 ENGLAND'S batsmen produced another bad performance or. the opening day of their four-day match against New South Wales in Albury yesterday, being bowled out for only 164 on a good batting strip. At stumps, the Sheffield Shield champions had reached 1-73 in reply, trailing by 91
        67 words
    • 511 13 Reuter THE 1991 Australian Open will be remembered as the first Grand Slam tennis tournament of the post-Steffi Graf era if Monica Seles of Yugoslavia has her way. The left-handed Seles has made her first trip to Australia with the sole aim of matching, and
      Reuter  -  511 words
    • 735 14 AP THE United States suffered its first big disappointment in men's races at the World Swimming Championships in Perth yesterday when world record-holder David Wharton failed to qualify in the 200-metre individual medley. Wharton, whose worldbest of 2 minutes, 0.11 seconds has stood
      AP  -  735 words
    • 421 14 Reuter ALTHOUGH he settled for second place on Friday, Ben Johnson was hopeful about his prospects after coming off a 28-month absence from competition. Johnson, in his first race since he was found using steroids at the Seoul Olympics, was nipped at
      Reuter  -  421 words

  • Page 14 Advertisements
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    • 15 14 2 powerful facilities fi Toll-Free Service that! i advantage for intern < t Singapor Cal! us.
      15 words

  • THE ARTS 1
    • 584 15  -  Singapore Symphony Orchestra 12th Anniversary Concert By P Y Van THE SINGAPORE Symphony Orchestra celebrated its 12th anniversary with concerts last Friday and Saturday featuring Dvorak's Carnival Overture op V 2. Paganini's Violin Concerto AJo I with Eugene Fodor as soloist, and Stravinsky's Petrushka.
      584 words
    • 555 15  -  Andrew Lim welcomes the appearance of a CD that's off the beaten musical track Andrew Lim Telemann: Ino/Handel: Apollo e Dafne Roberta Alexander (soprano), Thomas Hampson (bass) Concentus musicus YVien, Nikolaus Harnoncourt Teldec Das Alte Werk 2292-*****-2 (DDD) 75W Those weary of the standard
      555 words
    • 1173 17  -  Philip Rawstorne reports on how the London Philharmonic has fared since adopting a more commercial approach Philip Rawstorne FT Marketing has been regarded with suspicion by some in the arts world as a threat to artistic integrity but more are finding that it provides the financial
      FT  -  1,173 words
    • 670 17  -  Egypt's Naguib Mahfouz talks to Zina Hemady about the Gulf crisis and Salman Rushdie Zina Hemady AP Naguib mahfouz can no longer write the novels that made him the first Arab winner of the Nobel prize for literature. But age and frail health
      AP  -  670 words
    • 598 17  -  India's top censor says movie moguls should clean up their act, reports Sanjoy Hazarika Sanjoy Hazarika NYT A FORMER police official who has battled brigands in real life has taken on what he regards as the villains of reel life India's movie moguls who
      NYT  -  598 words
  • Page 15 Advertisements
    • 15 15 om the International j provide a competitive ational businesses. ir* i Telecom s connect. W
      15 words
    • 148 15 0 IK n \\^s^^ v A^x®' t# X. v (Vvr <~ c vyJfflni^ Give round-the-world free access to your fax machine, around-the-clock. FiV .PppC Now, you can capitalise on global opportunities, 24-hours a day. By offering a Fax-Free Singapore number, your customers SI NGAPORE will be encouraged to give your
      148 words

  • Page 16 Advertisements
    • 256 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. Br ,r Spicv S/et huan dishes served at lunch and dinner dailv in the cool, uniting atmosphere ol S/et huan Court. Reservation. MO 8310 or *****85exi Ifil.Yvli. w»m| w JS&mw,
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    • 389 16 cat world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge 5 Hyatt Regency Smgapcre 10-12 Sontts Road Singapore 0922 Td: 733 HUM Sip a king aml tlrink ai l.ulc
      389 words
    • 339 16 i Seafood Theatre Restaurant />' Cantor**-Thai Cuisine <V 1 MAKE NO BONES ABOUT IT. \t" OU«SITMfNUSA«IVAIUE-fO»MONtY. > Yi 4 > v > A rare treat indeed! Exotic Cantonese-Thai cuisine served at the most affordable prices. In a variety of set menus for 2—lo persons, priced from $50++. Call 298 0011
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    • 283 16 c7Sas6afL fr I "The Dream Unfolds Anew" Let your nights awaken to new wonders. Come back to our dream oasis of music and magic the newly refurbished, invigorated Kasbah where the magical nostalgic past, the glittering present and the shimmering promise of the future meet Each night is a flight
      283 words
  • Page 16 Miscellaneous
    • 762 16 TELEVISION AND RADIO Tyy% Q rrt rv T yi rvyi SBCI2 8!i? 8.00 National News (M). BUSINESS ON RADIO A-/CXIXIUXI 6.30 PM 6th World Swimming J S Ml B^J, 9 VHF Championships (Last cp). 935 °n Location hat Man and 1Q 15 world News (M). 5.30pm, 3.25 am: Financial News
      762 words

  • Page 17 Advertisements
    • 234 17 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? (?>nU MONDAY TO FRIDAY, 12 NOON TO I PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing ambience
      234 words
    • 76 17 F/a The Best Selection of 7 2A SET LUNCHEONS are now down by the River 9 Teppanyaki set lunch at Ss2o++ at the GINGA Sichuan set lunch at Ssl2++ at the RIVER PALACE Seafood set lunch at Ssl2+ at WAREHOUSE CORNER Western/Local set lunch at Ssl2+ at RIVER GARDEN All
      76 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 1243 18  -  By Diana Oon THE LOCAL MARKET is expected to continue last week's Gulf-influenced trading this week. Stock prices here got off to a weak start last week before rallying towards weekend, pushing the Straits Times Industrials Index of 30 Singapore blue chips to
      1,243 words
    • 3571 18 Gr's Gr's iggg j e Lasi Vol Week Let Quote Di» Div YTd Net M Cap lli K h l«« Code Company Sale +or- C000) High Low Buyer Seller Cn P/E Smil INDUSTRIAL COMMERCIAL 277 152 t 1000 Acma 171 +4 398 171 165 170 172 3 IS f :!!8
      3,571 words

  • 3742 19 Main Board Semb Shipyard 515 39 8 2% C Properties 600 +20 +3.4% OUF 545 +20 3.8% UOI 231 +17 7.9% Tonhow Ind 54)* 75 +14 2V0% Semb Ship Wt 127 +11 +9 5% Keppel Corpn 550 +10 +1.9% Spore BusF 500 550 +10 1.9%
    3,742 words

  • MARKET REVIEWS
    • 762 20 NEW YORK FT ON WALL STREET, as in the wider world, only one subjeet mattered last week: will there be war in the Gulf? Forget the fact that two large US companies filed for bankruptcy last week; forget that the Federal Reserve eased monetary
      FT  -  762 words
    • 677 20 |JP|§P»GKOKS WHILE most major markets fell on renewed statements of belligerence from Iraq, the Hongkong bourse edged up last week on low volume. The index fell back initially but found strong support at the 3,000 level, and then rallied later in the week despite
      677 words
    • 880 20  -  LONDON By Ray Heath IF, OR WHEN, the first bomb drops in the Gulf, will it blow a hole in the bottom of the UK stock market? Similar questions are being asked about every market in the world, and the number of
      880 words
    • 261 20 J—g AFP SHARE PRICES on the Tokyo Stock Exchange ended the first full trading week of 1991 lower as investors anxious over developments in the Gulf stayed on the sidelines. The bellwether Nikkei Stock Average closed on Friday at 23,241.02 yen, 828.16yen
      AFP  -  261 words
    • ASIAN MARKETS ROUNDUP
      • 129 20 THE Australian stock market rose last week despite fears of a Gulf war and falls on offshore markets. The main market indicator, the All Ordinaries Index, rose 1.6 points to 1,243.1. The All Industrials Index slid 3.3 points to 1,891.4 while the All Resources Index gained 4.8 points points
        129 words
      • 217 20 THE THREAT of war in the Gulf depressed the Jakarta Stock Exchange (JSE) during the past week, while at home the Indonesian government gave no indication when it would relax its tight monetary grip. Prompted by heavy selling, trading picked up and the JSE composite index fell for the
        217 words
      • 146 20 THE Securities Exchange of Thailand (SET) index continued declining last week, falling 13.31 points or 2.18 per cent over the previous week to close at 596.57 points. The stock market index dropped significantly on Monday by 14.52 points, Tuesday by 4.99 points and Thursday by 4.78 points. The average
        146 words
      • 270 20 RENEWED Gulf war jitters gripped the Taipei bourse last week, with share prices on the Taiwan Stock Exchange falling to the lowest level in two months amid apathetic trading. The 220-issue weighted price index plunged 712.08 points, or 16.3 per cent, including the previous Saturday, to finish the week
        270 words
      • 93 20 AFP SOUTH KOREA'S stock market plunged during the past week on concerns over the Gulf crisis, shedding 7.6 per cent of its value in thin trading. The broad-based Composite Stock Price Index closed Saturday's half-day session at 649.19. down from 698.45 a week earlier. Trading was thin, with an
        AFP  -  93 words
  • Page 20 Advertisements
    • 284 20 B^USINESS^TIN^^S TELEPHONE: 7)O■)9H) 5 9 0 Z i 9 U FAX: 734- 4 9 8 2 An established Company and the agent of the world's reputable brand of men's fashion seeks capable and dynamic individuals who has a desire for challenge and the enthusiasm to build a great future to
      284 words
    • 70 20 What is Asian Stress and how to suppress it STRESS afflicts everyone regardless of age. occupation, nationality Urban life in Asia generates its own unique set of characteristics that induce stress and all its symptoms loneliness, sleeplessness, hopelessness, inertia. Learn to recognise the onset of stress and control if before
      70 words
    • 4 20 Sun Hung Kai Research
      4 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 979 21 MBT THE rising tension in West Asia and the failure of the talks in Geneva depressed the Kuala Lumpur stock market last week and drove share prices lower in lethargic trading. The uncertainties sent most investors to the sidelines and had it not been
      MBT  -  979 words
    • 3108 21 1990 (jst Vol Week Net Cap High Ixm» Company Sale '000 High IjO» P/K Smil INDUSTRIALS 179 170 AISB 50* 175 ~2 75 178 170 42.7 179.5 342 322 ASM 50« 326 -14 325 340 322 29.1 1338.2 296 280 Acidchem 285 -7 67 292 280 122.5 255 250 Ajinomoto
      3,108 words
  • Page 21 Advertisements
    • 223 21 "Where did you pick up that hot stock tip?" When you call 005-1-212-976-4141, you can profit from the latest stock market news from Dow Jones. That's because International Info Hotline makes financial updates available around-the-clock and the information is provided free You need only pay for the cost of an
      223 words

  • WORLD STOCK MARKETS
    • Dow edges up in cautious trading
      • Article, Illustration
        1044 22 WALL STREET stocks ended a thin session mildly higher on Friday as investors took a wait-and-see attitude toward Gulf developments. While a flicker of hope remained for a peaceful resolution, investors, stung by Wednesday's dramatic reversal, were taking few chances. "We may have to live through holding our
        1,044 words
      • Article, Illustration
        859 22 LONDON shares closed slightly lower on London's stock exchange on Friday as investors waited for the United Nations' Jan 15 deadline for Iraq to withdraw forces from occupied Kuwait. Dealers generally were reluctant to do business, traders said. Attempts by UN General Secretary Perez de Cuellar to achieve a
        859 words
      • 179 22 BELGIAN shares closed generally higher in slow pre-weekend trading, though hopes for a successful United Nations peace move in the Gulf were fading. "Interest in the market is running at a very low ebb equities are likely to stay vulnerable next week," one broker commented. No impetus emerged from
        179 words
      • 307 22 TORONTO stocks closed moderately lower on Friday with weakness in most sectors on continued nervousness over the Gulf spurred by bleak hopes of peace, dealers said. "It was kind of trendless and drifting," said technical analyst Bill Ram of Levesque Bea'ubien Geoftrion Inc. The composite index lost 13.23 to
        307 words
      • 336 22 GERMAN share prices tumbled from their early highs as a run of negative news soured market sentiment and pushed the DAX index down to near Thursday's closing level. It had started some 20 points higher. Dealers said the storming of Lithuania's defence department by Soviet troops triggered the downswing.
        336 words
      • 93 22 PRICES on the Stockholm bourse rose sharply in the early session but softened when hopes of peace in the Gulf faded after Iraqi president Saddam Hussein ruled out unconditional withdrawal from Kuwait, dealers said. The bourse general index closed 1.00 per cent up at 826.44 in low turnover of
        93 words
      • 257 22 SWISS shares reversed early gains to close slightly lower in a lacklustre preweekend market. Dealers said conflicting rumours from the Gulf and concerns over the situation in Lithuania after the deployment of armed Soviet forces dampened sentiment. The All-Share SPI index fell 3.8 points, or 0.44 per cent, to
        257 words
      • 330 22 THE Johannesburg stock market eased slightly in slow and cautious pre-week-end trading on Friday as events in the Middle East continued to bedevil trading. Dealers said traders were very wary amid the uncertainty as the world awaited the outcome of UN Secretary General Javier Perez De Cuellar's last-ditch attempt
        330 words
      • 156 22 ITALIAN share prices on Friday ended below the day's highs in thin volume seen below Thursday's 87 billion lire, with insurer Generali actively traded on speculation that merchant bank Mediobanca has been buying shares in the insurer. The MIB index, which was up 0.7 per cent higher at midmorning,
        156 words
      • 288 22 Jan II Oos* Previous NEW YORK Daw Jones 2.501.49 2.498.76 +2.73 NYSE Financial 117.72 117.62 +0.10 SAP 500 315.23 314.53 +0.70 Turnover (million) 123 124 -I LONDON Financial Times 30 1.646.0 1,650.3 -4.3 FTSE 100 2,106.1 2,108.7 -2.6 Turnover (million) 402.3 375.0 +27.3 AMSTERDAM CBS Tendency Index NA 78.1 FRANKFURT
        288 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 396 23 NEW YORK THE US DOLLAR closed easier than its opening levels in quiet trading as dealers squared their positions ahead ot the weekend. "Some were disappointed that the dollar was unable to break through 1.5380 marks and test 1.54. So there was an
      396 words
    • 829 23 ASIAN CURRENCIES AFP THE US DOLLAR gained against most Asian currencies during the week as fears heightened over the prospects of war in the Gulf. The greenback ended substantially stronger against both the yen and the Australian dollar, while it made lesser gains against the
      AFP  -  829 words
    • 390 23 Cross rates Jan 12 USS S$* MS* Dm Yen SFr AS NZS US$ 1.7570 2.7245 1.5305 133.95 0.5240 1.2785 1.2920 1.6841 SS* 0.5692 1.5507 0.8699 0.7649 0.2977 0.7302 0.7363 0.9606 MS* 0.3670 64.49 0.5610 0.4933 0.1920 0.4709 0.4748 0.6195 Dm 0.6534 1.1495 1.7825 87.52 0.3424 0.8353 0.8442
      390 words
    • 278 23 Reuter THE Bank of Japan (BOJ) will maintain the current high interest rates now that they are finally beginning to show some effect on the economy. BOJ governor Yasushi Mieno said. The mass-circulation daily newspaper Yomiuri Shimbun said Mr Mieno denied that
      Reuter  -  278 words
    • 441 23 Reuter THE US currency is in an uptrend channel against most major currencies and will likely push higher in the near term, technical analysts say. "The first target is at 1.5660 marks which, if broken, could possibly extend to 1.6120 in the next month
      Reuter  -  441 words
    • 455 23  -  GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion SPOT GOLD fell to as low as U*****.25/U*****.75 last Wednesday following the initial announcement that the Baker/Aziz talks had been substantive and then surged past the US$39O level when crude oil prices jumped by more than
      455 words
    • 441 23 BANKS ABN Bank 8 Allied Irish Bank PLC 8V« American Express Bank m Am'Dam R'tcrdam Bank 8 Arab Banking Corp 8Vi Arab Bank PLC 7V« Australia NZ Banking 8% ANZ Banking Group 8'/i 8 Banca Commerciale 8% 8 8 8Vi Bank Negara Indo 8 8 7V4 Bank
      441 words
    • 275 23 IMM ill DEUTSCHEMARK Open High Low Sett Vol Op/lnt Mar 91 0.6489 0.6528 0.6426 0.6514 24.841 48.733 Jun 91 0.6453 0.6496 0.6440 0.6477 EURODOLLAR Open High Low Sett Vol Op/lnt Mar 91 92.76 92.78 92.69 92.73 137.543 626,776 Jun 91 92.84 92.87 92.78 92.82 JAPANESE YEN Open High
      275 words
    • 560 23 Interbank rates ss Bid Offer Overnight 4 1/8 4 1/4 1-month 4 7/16 4 9/16 2-month 4 1/2 4 5/8 3-month 4 9/16 4 11/16 Overnight mode: 4-1/8 t'SS Bid Offer 7 days 7 7 1/8 1 month 7 3/16 7 5/16 2 months 7 1/4 7 3/8
      560 words

  • COMMODITIES
    • 407 24 Reuter OIL MARKETS, living on a war alert, were administered another sedative in the shape of a pledge that Western governments will release 2.5 million barrels per day (bpd) if shooting starts and threaten supplies. The contingency plan
      Reuter  -  407 words
    • 297 24 Reuter NATURAL rubber prices are likely to rise if war breaks out in the Gulf, but industry analysts say any bullish run could be short-lived. Aided by the huge jump in oil prices triggered by the Gulf crisis, rubber prices are hovering
      Reuter  -  297 words
    • 912 24 REPORTS AFP THE STREAM of news relating to the Gulf crisis provoked significant movements in oil prices, and to a lesser extent gold, over the past week. The feeling that war was inevitable alternated with hopes for a negotiated
      AFP  -  912 words
  • 1095 24 Rubber RAS m \m bate*) S cents/kg Int 1 RSS Close Jan 7 50.00 Jan 8 150.00 Jan 9 151.25 Jan 10 148.50 Jan 11 149.50 MRELB (lob In briw) M cents/kg Int 1 RSS Close Jan 7 237.00 Jan 8 237.00 Jan 9 237.50 Jan 10 236.50 Jan
    1,095 words
  • Page 24 Advertisements

  • THE TRAVEL PAGE
    • 1068 25 City Right ETA Flight HP SQ228 1900 SQ227 2130 Amman RJ182 1400 Amsterdam KL841 TmO KL842 2105 SQ23 1325 AucMand NZ25 1655 NZ28 1815 SQ388 2030 Bandar Stri BI421 1105 SQ182 0915 Beuwan SQ181 1410 BI422 1205 BI429 1830 B1430 2125 Bangkok QF062 n35 CI664 0750
      1,068 words
    • 600 25  -  LETTER FROM BEIJING By Catherine Ong Those longish, crinkly greens have arrived in the city with a vengeance. You see them everywhere: stacked in huge piles along pedestrian walkways waiting for buyers, laid out on someone's rooftop and balcony for sunning, or simply strewn
      600 words
    • 152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3510 1.3810 Canadian dollar 1.5090 1.5290 NZ dollar 1.0340 1.0690 Sterling pound 3.3400 3.3700 US dollar 1.7510 1.7610 Local dollars to 100 units of foreign currency Austrian schilling 16.00 17.00
      152 words
    • 96 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jan 19-27 Interna,,ona> Gen»»y Stuttgarte, (46)711/*****, 7-,2 ********** Exhibition For Messe Und Valencia Caravaning. (Congress Motoring. Tourism Feb 9-17 International Hamburg Hamburg Messe *****569-0 Jan 21-24 Middle East Manama. Arabian Exhibition 973/*****3 Tourism. Caravan Und Congress Computer
      96 words
  • Page 25 Advertisements
    • 42 25 WARNING The three minuses that could cloud Singapore's outlook The US Recession The The Gulf o 9 X/ Gatt Crisis \talks So says Prime Minister Goh Chok Tong in his New Year message. We explore the minuses today MB At lunchtime today
      42 words
  • Page 25 Miscellaneous
    • 246 25 I Excuse certain to give rise to lH H| H 5 The individual joining in to appease a merchant- I— 9 Being above those playing 10 Cutting the guy taking II The man without money help circles(B) LJ 12 A Greek character much |H[ backed FalstafFs com- Ts 14 Stir
      246 words
    • 210 25 Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 33.1* C Assoc humidity 62% Minimum temperature 25.0* C Assoc humidity 93% Hours of sunshine 11.30 Rainfall in mm Nil Rainfall this month 5.3 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 22/10 Windy Bangkok
      210 words
    • 25 25 JoN£s....you'Re tp>lxing\ f pPoflpeD «n r c& I Don'T Neep J \o\JL CHpTT L£TT£R to nns/LeS ~Yv '^r— o evmmQ »T*MO*HO CO.IM. WU-lIH >M7A frcla-»
      25 words

  • 473 26  -  Local operations still viable: receivers By Catherine Ong Claire Leow THE SINGAPORE operations of the doomed Danish bedding group. Northern Feather, will be sold following the liquidation of its Hongkong subsidiary and Asian holding company. Northern Feather, a textile and bedding manufacturer,
    473 words
  • 434 26  -  From Lin Xue Ling in COPENHAGEN THE COLLAPSE of one of Denmark's oldest firms, Northern Feather, has sent shock waves through the Scandinavian country. The company was found to have kept investors in the dark with a mixture of shady
    434 words
  • 447 26 UPI THE US has served notice it would withdraw, rather than agree to a Philippine proposal for a five-year extension of its basing rights in Manila, Foreign Secretary Raul Manglapus said. In a television interview late on Saturday, after the fourth round
    UPI  -  447 words
  • 427 26 Agencies THE WESTERN world, until now eager to help reform in the Soviet Union, reacted with shock and anger yesterday to Moscow's crackdown in Lithuania and raised the prospect that promised aid could be halted. Nato allies met in an emergency session after the
    Agencies  -  427 words
  • 262 26 SABAH Chief Minister Datuk Joseph Pairin Kitingan yesterday described the recent arrest of his aide Dr Maximus Ongkili under the Internal Security Act as an "act of political harassment". He claimed that the arrest of Dr Ongkili. who is executive director of
    262 words
  • 392 26 AFP CHINA has staked its claim as the sole spokesman for Hongkong, six and a half years before the British colony reverts to Beijing rule. "China alone has the right to speak on behalf of the Hongkong people," said Chinese representative
    AFP  -  392 words
  • 331 26 Bernama ASEAN countries have launched a joint programme in Bandung to bring 22 million tourists to the region next year. They launched "Visit Asean Year 1992" in the provincial capital of West Java on Saturday night, and have begun a five-day annual forum
    Bernama  -  331 words
  • 156 26 Bernama MALAYSIAN Deputy Kelantan Menteri Besar Haji Kozali Isohak has assured the business community in the state that key decisions affecting it will only be taken after close consultations with businessmen. He said the state government was open to political as well as economic development.
    Bernama  -  156 words
  • Page 26 Advertisements
    • 49 26 PiageT UmiJEKHNIKMIfXiKRII-im IS 1X74 (,ENfiVE CHITOSE (a leading) Japanese office furniture manufacturer wishes to appoint a sole distributor for Singapore/Malaysia/Brunei. Prefer companies with established track record in furniture distribution network and a sound financial position. Please fax your company's particulars and information on your furniture business to *****98 S'pore.
      49 words
    • 56 26 PlygeT fMUJER EN IMLOGERIE DEIVtS 1X74 GENEVE 5l Agent Shfiro (Singapore) Pte Ltd Authorised Dealers V 'i •L jpT' Americaya Branches Daimaru Singapore Euro Shoe Shop fi G4$ ,r and Branches Melwam Branches Nan Hen Leather A it >* v v -»f W' Salamander Shoe Shop (Marina Square Isetan and
      56 words

  • Shipping Times
    • 439 27  -  By Selva Kumar JURONG Shipyard Ltd (JSL) achieved record sales last year of an estimated $360 million. This was stated in a Commemorative Book launched by JSL last Saturday to mark Singapore's 25th anniversary. The book also revealed that the yard repaired
      439 words
    • 380 27 RUBBER shippers will continue to insist that the Penang transport additional (TA) issue is resolved before it can sign a new Separate Merchants Agreement (SMA) with the Far Eastern Freight Conference (FEFC). The Freight Committee of the Rubber Industry of Malaysia (Frim) has
      380 words
    • 355 27 Reuter AIRLINES and chemical firms would suffer most from a long war in the Gulf, but it could prove a windfall for aerospace and defence firms, analysts said on Friday. A prolonged war could send fuel prices soaring, pushing up
      Reuter  -  355 words
    • 265 27 UPI THE Western Company of North America said last Thursday its offshore contract drilling subsidiary has received international contracts worth more than US$2B million for two jackup drilling rigs. Western Oceanic Inc said those rigs currently are working in the Gulf of
      UPI  -  265 words
    • 442 27 Bangkok Post THAILAND'S Transport and Communications Minister Samak Sundaravej is considering a plan to set up a new domestic terminal at Bangkok International Airport. Mr Samak said he planned to negotiate with the Royal Thai Air Force for the use of land
      Bangkok Post  -  442 words
    • 175 27 Bernama PT PELITA Air Service, a subsidiary of Indonesian state oil company Pertamina, has decided to ground all its Super Puma helicopters for inspection and repairs following the crash of one such aircraft in the South China Sea early last month. Company president W
      Bernama  -  175 words
    • NEWS SUMMARY
      • 38 27 THE Oil Pollution Act passed by the US last year was the event with the most negative repercussions for the shipping industry, Peter Stokes considers. He explains why he finds the Act disturbing Page 2
        38 words
      • 41 27 THE International Maritime Organisation (IMO) is to consider adopting a recently-pub-lished ship management code as an industry standard for worldwide shipping. The code was produced by the Group of Five ship management companies Back Page
        41 words
      • 67 27 MORE Filipino companies are venturing into overseas shipping to cash in on its high investment returns, says the Maritime Industry Authority (Marina). In its recently released report, Marina says that in last year's first nine months alone, 40 new companies were set up to engage
        67 words
      • 56 27 RHINE barge freight rates almost doubled last week for moving heating oil up the river from the Amsterdam-Rotter-dam-Antwerp (ARA) area. The price of a voyage to Frankfurt for 1,000-2,000 tonnes of gas oil rose from 19 marks quoted a week ago to 37 marks quoted
        56 words
    • LOG BOOK
      • 83 28 JORDAN'S state-owned airline said last Friday it had begun charging passengers an "insurance tax" of up to US$5O to help pay the cost of insuring aircraft in the region. Jordanians and foreigners have been scrambling for seats on the limited llights from Amman as
        83 words
      • 67 28 INDONESIA'S Supreme Court has refused an appeal by a Muslim extremist sentenced to death for subversion and involvement in the hijacking of a domestic airliner, a court official said last Thursday. Sakir Ardiwinata, of the South Jakarta district court, confirmed that the death penalty for Azhar
        67 words
      • 65 28 KOREAN AIR (KAL) has canceled its only flight to the Middle East this week and will operate from then on according to the situation in the Gulf. The DC-10 which leaves Seoul on Tuesdays for Bahrain, Jeddah and Tripoli as flight 801 and returns from
        65 words
      • 72 28 THE DUTCH KLM airline is to reduce the frequency of its flights to several destinations in the Middle East from this week because of the threat of war in the Gulf. The price of tickets would be increased by between 150 guilders (US$BB) for
        72 words
      • 50 28 AN ALITALIA AIRBUS last Saturday successfully evacuated 195 people, including 190 Italians, from the Somalian capital of Mogadishu. In Rome, the Italian Navy announced that one of its ships had picked up 10 people, including six Italians and four Somalians, off the Somalian coast near Mogadishu.
        50 words
      • 88 28 UNITED AIRLINES said its December North American passenger load factor declined one point to 60.5 per cent from 61.5 per cent a year ago. The combined passenger load factor, including North America, Pacific and Atlantic regions, declined 0.2 points to 62.9 per cent from 63.1
        88 words
      • 54 28 BOMBARDIER INC was dealt a blow by a cancelled order for 10 new regional jets, but aerospace analysts caution against reading too much into the setback. Bombardier was not scheduled to start delivering the 50-seat planes until July 1992, leaving it enough time to recover the lost
        54 words
    • 1061 28  -  The Oil Pollution Act passed by the US last year was the event with the most negative repercussions for the shipping industry, Peter Stokes considers. He explains why he finds the Act disturbing Peter Stokes Lloyd's List WHAT WAS the most significant development for the shipping industry
      Lloyd's List  -  1,061 words
    • 867 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      867 words
    • 12161 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
      12,161 words
    • SHIPS IN PORT
      • 611 43 told Yoy No Berth Anwai Departue Keppd Wharves Hilda 1A K34 alongside 1301/1200 Hamate verett 5E K30 alongside 1401/0600 SG of Flower 010/01 (P K36 alongside 14 01/0830 Trans Hav 257B C09 alongside 1401/0400 CS Ocean 68 K34 14 01/0800 2001/0800 Rota Berkan 2/91 K31 1401/2300 1601/1500
        611 words
      • 1078 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Shp Voy No Etb/Btr Period From To From Achtersracht AG05S 16/0600 3 14/0700 14/1159 14/1400 AchtergracM 14/1200 14/1459 14/1700 eg 15/1200 3 14/0700 14/1159 14/1400 68 15/1 4 14/1200 14/1459 14/1700 M Waiba 56 14/2200 1 13/1500
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      • 390 43 Port Klang Berth at South Port on Jan 4: 1: Young Chemicary, 2: Vokkou; 3: Caribean I; 4: Thai Ho No 1, Hong Soon; 5: ml; 6: Pelego Iso; 7; Mutia Hayu; 7A: Melaka laya Id; J Shell ml. KCT: 8: Wan Hai 203; 9: Nedlloyd Rosario;
        390 words
    • 993 43 CHARTERING on the dry cargo freight market on Thursday was fairly quiet but there was talk that the Soviet Union had secured vessels to lift grain from the US following the farm credit programme, brokers said. Two Panama* vessels seen fixed on time--charter from Rotterdam for trans-Atlantic round
      993 words
    • 232 44 Lloyd's List THE International Maritime Organisation (IMO) is to consider adopting a recentlypublished ship management code as an industry standard for worldwide shipping. The code, produced by the Group of Five ship management companies, has attracted wide interest among other ship managers,
      Lloyd's List  -  232 words
    • 472 44 Reuter RHINE barge freight rates almost doubled last week for moving heating oil up the river from the Amsterdam-Rotterdam-Antwerp (ARA) area as German consumers and wholesalers stocked up in anticipation of war. Barge chartering activity abated last Friday after a hectic
      Reuter  -  472 words
    • 432 44  -  By Al 0 Labita in Manila MORE Filipino companies are venturing into shipping overseas to cash in on its high investment returns, says the Maritime Industry Authority (Marina). In its recently released report, Marina says that in last year's first nine months alone,
      432 words
  • Page 27 Advertisements
    • 162 27 m j onagers /l/l "st lanage BT shows you how every Monday. For other reasons, send in your subscription now. HI 11 111 iJI h■ M i I Please send j flame: name: j Address: Address: Izr n i Occupation: Occupation: j j Tel: Tlx/rax: Te Tlx/Fax: j j I
      162 words
    • 28 27 Coctett Report 2 Container Schedule 17 Daily Freights 17 Index to Advertisers 3 Shipping Guide 10,11 Ships m Port 17 Singapore Tides 17 Weather and Sea Conditions 17
      28 words

  • Page 28 Advertisements
    • 103 28 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector ot 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
      103 words

  • Page 29 Advertisements
    • 2189 29 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint. Singapore 0208 All If# iei *****11 telex no ***** Iff M! |H TERMINAL CFS Tel *****18 220 I* *1 BOOKINGS Tel *****34 235 L Vw/ ?ESAKA JAROINE SHIPPING AGENCIES SON BHD. PORT KELANG TEL: *****18 TELEX NO MA***** MA***** HHBB PENANG
      2,189 words
    • 1269 29 INDEX TOfIDVERTjSERS Page Col Page Col a Uoyd Triestino 4 1/2 I Lucky Seaway 15 3 ABC Containerline 13 5 Lykes Lines 5 3 Accord Group 8 1-3 AFS 15 1 M Ahrenkiel Liner 16 3 Albatros Sea-Air 14 3 Mac-Nels Agencies 14 l/_ Alfred C Toepfer 15 5 Macoline
      1,269 words
    • 2262 29 ■Bimrn NEXT USA SAILING MAGLEBY MAERSK V.9102 ETA SIN 15/1/91 Vessel Voy ETA I ETD "Port 'Penang DESTINATIONS Singapore Kalang Thu Me«e Mjt»v 9io? F««d«r by 22/1 oeoo hrs HHI CfS 21/1 2369 HRS M Taoro OAK LGB HOU MEM ATL MIA CMS BAL PML NYC MON TOfl METTE MAERSK
      2,262 words

  • Page 30 Advertisements
    • 1196 30 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS 97/505 14/1 31/1 2/2 5/2 BEN AVON 96/508 20/1 6/2 8/2 11/2 MONTE ROSA 11/507 24/1 18/2 12/2 11'2 17/2 KASUGA 13/511 27/1 13/2 15/2 18/2 BREMEN EXPRESS 01/510 31/1 25/2 19/2 18/2 24/2 LIVERPOOL
      1,196 words
    • 500 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT 1.. J. BONTANG 21-28/1 9/2 11/2 16/2 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO L. J BONTANG 21-28/1 1/3 2/3 5/3 6/3 713 Calljo or Santiago via
      500 words
    • 1374 30 E3 waaaiA sjasm HhMBH regular independent full container service WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA 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
      1,374 words

  • Page 31 Advertisements
    • 1677 31 zzlljgSteamers Maritime Holdings Ltd Ifc V PftrP m J!i STRAITS SHIPPING ■Ml C 3 Singapore to Brmci. East Malaysia. Containers Mj» d Voy No PHlanf S pore S'lon Hburf Bluven »'W" Led TOHIO EXPRESS 9/ 505 BAN 0901 14.01 31/01 0202 04® ACCLPIS OUL SAILS Bf NAVON 98 508 BAR
      1,677 words
    • 1808 31 TO: EUROPE TO: FAR EAST SPORE Hft MO HOB BU SP ROM BMW HAM FIX ANT LED CMO TANG PARK OUC IVI 141 Mil 22/1 2S/1 PANAMA SENATOR «fl« »1 I*2 20.2 21(2 22/2 21/2 2*12 MANJIN OAIU.ANO ttllC 21/1 24/1 2*l 2*l 11/1 EUROPEAN SENATOR W»r 107 5 2
      1,808 words
    • 376 31 Mmmgm STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL TAN JONG SEKI COSMETIC PRIOK PINE PIONEER VOY NO 1 25 11 Spore Sid 26/1 24/1 P Kelang SW 2S/1 27/1 Penang In Pt Yingor Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senbofcu Hochiminh NOTE ALSO CALLING OTHER JAPANESE PORTS.
      376 words

  • Page 32 Advertisements
    • 725 32 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL/VOY S'PORE RDAM I ADAM H BURG BREMEN ANTWERP MA TAR AM. 29M8 10/1 8/3 13/3 16/3 20/3 TRIAS UNITYUHWB 4.3 6/4 12/4 17/4 21/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subpart lo Mucimtnl Also accepting cargo lo Casablanca. Port Said. Port
      725 words
    • 781 32 j& 3E m.\ VC/ HANJIN SHIPPING FEEDER VSI SIN LIME HAUL LA* OAK H PrlT, r B ffi SBRSMIU 8! ;,.r. lA 0, i ffi I SUHSiX £.S 11l r» «»»««"•<•* m■' I HANJIN FELIXSTOWE 006W 3 2 21/2 22 2 23/2 23/2 2V2 26(2 HANJIN HASAN «2* 28,2 1/3
      781 words
    • 157 32 MAN HUAT SHIPPING "V CO., (PTE) LTD. 10 Anson Road. #14-19/20 International Plaza, V Singapore 0207. FAX: *****94 Tel*: *****11/*****22 Tlx: RS ***** AB LENHUAT DAILY RECEIVING CARGO AT MARINA WHARVES CON MOl TEL *****19 AND P2 TEL *****97 TO INDONESIA VESSEL ETA ETD DESTINATION HONG SOON I*l 17/1 PONTIANAKSINTETE
      157 words
    • 1415 32 f J TJ PKL SGP HKG KSG KLG PUS MKT OSK NGY SM2 TYO LAX CHS BAL NYC LHV ANW ROM THP HBG PSO CUB PKL SGP I GENTLE RE 03» 71/1 20/1 24/1 »1 W Iff 20 311 *17 liff 7Jff Iff Iff 12/3 liff 141 150 Vff Jiff
      1,415 words

  • Page 33 Advertisements
    • 1866 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: v"V UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48\ TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 JlgJgJg CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 r K.U<O3) E *****3^K ffla nj£(o3) *****87, Penang-(04) *****0,
      1,866 words
    • 1172 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 EASTBOUND LOADING FOR WESTBOUND vessels voyage Iswot |man<la I »konc voyace spoke pklanc hburc b haven
      1,172 words

  • Page 34 Advertisements
    • 1460 34 I K line KAWASAKI KISKN KAISHA. LTD. J EXPORT N. AMERICA-PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH WEST j 7/rs;,s: r je [ffl LIONS SATE BRIDGE 13 231 2*l 26 1 BROOKLYN BRIDGE 37 1/ 2 20 2 21,2 25/2 111 HENRY H BRIDGE 40 26(12 11 31 131 HOWS
      1,460 words
    • 1163 34 PHILI-ORI€NT LIN€S PT€ LTD 106 ROBINSON ROAD 90/00 GMG BUILDING SINGAPORE 0106 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 19 JAN MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 25 JAN DUBAI. DAMMAN,
      1,163 words

  • Page 35 Advertisements
    • 1488 35 PACIFIC INTERNATIONAL LINES (PTE) LTD *****52? M MmKM p 'l Building. 140 Cecil Street *03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EDEN 9103 18/1 20/1 24/1 SEA GLORY 9102 1«/1 1»'1 24/1 EDEN 9104 24/1 27/1 30/1 PEGASUS
      1,488 words
    • 1091 35 r BEN LINE CONTAINERS LTD 200 Canionment Road 1 Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [vOY SPORE P KLANG S HAMPTON HAMBURG BHAVEN R'DAM LHAVRE Tokio Express 97/505 In Pt Via BAN 31/1 3/2 5/2 Benavon f 98/508
      1,091 words
    • 327 35 tagk MYANMA ?Uk FIVE STAR UNE v* (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI66W IS/20 Jan MPA-AN VIS9W 22/25 Jan PINY A VII3W 24/21 Jan Id THE BANK UNI (A service of Andrew Weir Shipping) \\r SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
      327 words



  • Page 38 Advertisements
    • 839 38 r jnSR-lI IMFSJMA INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBG SACHSEN WMIO4 16/1 11)2 10)2 13)2 12/2 9/2 PARIS SEN Wf 10b 18)1 9(2 10(2 12/2 11/2 MECKLENBURG WMIOS 24/1 22/2 21/2 24/2 23/2 19/2 PANAMA SEN WFIOS 30/1 21/2 22/2
      839 words
    • 902 38 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 19/01 26/01 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 18/01 25/01 MANILA 19/01 26/01 PENANG 18/01 25/01 BUSAN 19/01 26/01 BANGKOK 18/01 22/01 TOKYO 17/01 24/01 HONG KONG 19/01 23/01 YOKOHAMA 17/01
      902 words
    • 266 38 LOADING FOR VESSEL SPOOI CBO DSN BAIRES MVIWO RIO SIS VII PACUA MOSTWEEN I 31/3 M l'i« 30,4 4(5 OPT V ***** 2 DISCHARGING FM BRAZIL VESSCL SPORE MUG MNI KEE »0* NGO ROB MOSTWEEN 4 VHSOII ill U/3 16/3 I*3 »3 Regular BBulk and Container Ser» e 0 1
      266 words
    • 1256 38 BP CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE /el HJMW 2. MISTRI ROAD. HMC BUILDING TELEX p A R x S S£° SH,P #15-00. SINGAPORE 0207 CAB A C OSTARLINE CR NO: **********0 M CABLE COSIAKL General Agents: 006 TAR SHIPPING TO EUROPE J I FROM EUROPE VESSEL/VOY SCP
      1,256 words

  • Page 39 Advertisements
    • 784 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 18/1. 25/1 EUROPE all Ports 16/1, 19/1 BANGKOK 16/1, 19/1 HONGKONG/CHINA 18/1, 22/1 SYD, MEL, ADEL, BRIS 21/1, 28/1 FREMANTLE 21/1, 25/1 MANILA 18/1, 25/1 PKLG/PENANG 19/1, 26/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang
      784 words
    • 244 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) I ACCEPTING FCL AND CONVENTIONAL VESSEL [VOY ETA I LOADING FOR spore ABBAY WONZ <?WB S/OC OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 21WB 05/03 OARESSALAAM
      244 words
    • 728 39 MASKAPAI PELAYARAN PapULAU LAUT j FULLY CONTAINERISED REGIONAL FEEDER SERVICE I TWICE WEEKLY/WEEKLY FIXED.- DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS f WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BWGAPORI INDONK9IA SERVICE VSL VOY SIN
      728 words
    • 980 39 BANGKOK CEBU/MANILA VESSEL VQV SINGAPORE BANGKOK J VESSEL VOY SPORE CEBU MANIU NANTA BHUM 24N Wed 16/1~~ Sat 19/1 KITI BHUM 038 18/1 24/1 26/1 JENLINK 40N Thur 17/1 Son 20/1 SO STAR MA 25/1 31/1 SIAM PAETRA#' 61N Sat 19/1 Tue 22/1 KITI BHUM 058 1/2 111 9/7 MAHA
      980 words

  • Page 40 Advertisements
    • 704 40 W m MAC-NELS SINGAPORE ifIxPOBT TEL: *****22~| j IMPORT TEL: 221bW] NANu TEL (04) *****6 KK TEL: (088) *****0 TAWAU TEL (089) *****9 KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) 2 4682 I ~fV-/\ llj BAHRU TEL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL (087)
      704 words
    • 48 40 I FOR BOOKINGS TEL: *****81 TLX ***** NEWSHIP I I SINGAPORE/CHINA DIRECT SERVICE I I S pore loading For I MV XINHENG 20-25/ JAN HUANGPU GUANGZHOU V MV KAIHENG 25-30/ JAN HUANGPU GUANGZHOU I MV ANANAS 30-03/FEB HUANGPU GUANCZHOU I ALL VESSELS ALSO ACCEPTING SINGAPORE/HONGKONG CARGO I I
      48 words
    • 418 40 Igfc BLUE STAR LINE 1 SINGAPORE TO I NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK LVT MANDAMA 0588 16 Jan 21 Jan Vja
      418 words
    • 721 40 /3T THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor [ETA [pest VESSEL VOT ETA PEST KIM SOON LI G2/91E 14 JAN PENANG JENHOL
      721 words
    • 263 40 ((jBOHORBULK CARGO SERVICES LTD. I r REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES SP PK LOADING FOR I ANASTASIA NB 122 19/1 21/1 RTM/ANT/UK I PUNICA NB-123 IN PT 17/1 BELFAST/UK/RTM I SOLSYN NB-124 26/1 28,1 RMN/ANT/NAN/UK I I SWK/SABAH LOADING FOR I I NBT jj 25/1 KANDU/KARACHI I ISP
      263 words

  • Page 41 Advertisements
    • 933 41 I' COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. ILO* OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Kelang Singapore E'Msia THOMASEVERETT 28/29 Jan 30/31 Jan KARABIEVERETT 03 05 Feb 06 08 Feb ROSEEVERETT 13/15 Feb 16/18 Feb
      933 words
    • 500 41 I tfSL jvOY [S POHt jMAINLINLR |LAX IKST ISAV TNYC IHFX lIM PIRAEUS 1 /I* AIMRICA IV 2»/2 *1 5/1 >/J ZIM YOKOHAMA 14E 22 1 ZIM AMERICA I*l2 »2 1/3 i/3 111 A VESSEL 24)1 /IM AMERICA H/2 2*2 1/3 5/3 7/3 A VESSEL 30,t 2IM HONGKONG 3/3 IV)
      500 words
    • 675 41 SING KWANG HANGI SHIPPING A TRAMSPOPTATIOW (Pit) LTO WEEKLY LCL/FCL SERVICE VESSEL I SPORE JAKARTA SURABAYA RAJA BHUM V 75S 12/1 15/1 EQUATOR JOY V 11N IS/1 118/1 VESSEL SPORE BANGKOK A VESSEL 16£1 19/1 A VESSEL 23/1 I 26/1 DESTINATIONS ETA SINGAPORE PORT KELANG 11 JAN MANILA 12 JAN
      675 words
    • 564 41 PERINTIS LINE i ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOH 970 13/01 16/01 PHASETIA 137 A 17/01 20/01 PELOPOR 971 19/01 22/01 PHASETIA 139 A 24/01 27/01 TANTO UTAMA 135 18/01 21/01 TANTO UTAMA 137 25/01 28/01 TANTO UTAMA 139 01/02 03/02 General
      564 words
    • 396 41 SIN FAR EAST 20/1 KEELUNG/KAOHSIUNG 19/1 BANGKOK 22/1 MANILA/CEBU 19/1 JAKARTA/BELAWAN/SURABAYA 19/1 PORT KELANG/PENANG/E. Malaysia 22/1 BUSAN 20/1 TOKYO/YOKO/KOBE/NGO/OSA 22/1 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xmgang Shanghai S|N EUROPE/UK 19/1 LDN/FLX/LVP/SOU 19/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/ CANADA 17/1 LOS ANGELES/NEW YORK ail
      396 words

  • Page 42 Advertisements
    • 645 42 CB SHIPPING (I«i) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/ICL/BREAKBUIK SERVICE "ANKE" SERVICE SPE POM MISIMA LAE T'VIUE »20S8 l/l 12/1 IV JAK SPE Po* MISIMA LAE T VIIIE V 21S8 30'1 1/2 11.2 14.2 IV2 17/2 MB LAE CARGO T SHIP SAM !UA* PCM BUNKER SURCHARGE EFFECTIVE VI9SB
      645 words
    • 431 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE KM V24-90W 18/1/91 12/2/91 2/2/91 7/2/91 BA V27CW9O 19/1/91 10/2/91 11/2/91 16/2/91 GM V2BCE9O 26/1/91 19/2/91 21/2/91 26/2/91 KV.U VOIWB9O 30/1/91 20/2/91 SG V25-90W 30/1/91 27/2/91 16/2/91 21/2/91 ALSO ACCEPTING CARGO FOfl MIIANO LASPEZIA PROVAGOO BARCELONA ZURICH
      431 words
    • 462 42 VESSEL sin ptl obn rbv ALS STRENGTH VOIA 02/02 12/02 17/02 22/02 j ALS TRUST VO2W 22'02 03/03 07/03 DANAOS VO3W 09/03 02/03 06/03 Accepting FCL and 'LCL for Johannesburg VESSEL RBY OBN PTL SIN KEE BUS ALS TRUST V32E 01/01 06/01 15/01 23/01 31/01 02/02 ALS PROSPERITY V34E 15/01
      462 words
    • 587 42 CUJi con ww inTERmopRiS i J LCL/FCL SERVICE FROM f B /Bfil CUJI op«ratM over 600 termimls/ofAcM In UJSX < I I I UKL m CUJI maintain* over 35,000 tractors t trucks. V II i M CUM aarvaa over 60,000 points tn U.S.A. 1-1 Kglj CUJI offer reliable LCt/FCL •enricea.
      587 words
    • 516 42 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL WOT SPORE JAKARTA SURABAYA TAKARI I 1668 14 JAN 17 JAN TAKARI IV 4052 19 JAN 21 JAN TAKARI I 1670 a JAN 23 JAN TAKARI IV 4054 26 JAN 21
      516 words

  • Page 43 Miscellaneous
    • 455 43 TIDES AND WEATHER TODAY'S TIDES (hefrt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 **********00 1400 1500 1600 *****(*****0 2000 2100 2200 2300 JR 21 20 18 15 14 14 1.6 19 2.3 2 7 29 28 26 2.2 17 13 09 07 06
      455 words

  • Page 44 Advertisements
    • 403 44 I If KWANG CHUN TRADING ENTERPRISE I PT. PELAYARAN. KJ*mutiara samudra agung KUALA SIAK IV 14/1 BATU AMPAR/SEKUPANG/BATAM KUALA SIAK 111 14/1 DUMAI ABADI JAYA 15/1 PEKAN BARU KUALA SIAK V 25/1 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS
      403 words
    • 670 44 4HYUNDOI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOYLBH OAK SEA HKG SIN HYUNDAI EXPLORER 37E 17/1 24/1 11/2 14/2 17/2 16/2 LALANDIA 36W 11/12 14/12 17/12 4/1 13/1 HYUNDAI INNOVATOR 38E 24/1 31/1 W 21/2
      670 words
    • 603 44 CHARTPOINT Every Saturday in Business Times EyBvJOJEI UK/CONTINENT (TRIO) •....w,c„.F„ RHHH Hamburg to Copontufto Ajrhus Gothentou'g Mjimo S PORE SIOH H BUBC B HAVEN R DAM LEH H«l»ii*i. Stockholm TOKIO EXPRESS V SOS 14(1 1/2 4/2 S 3 Rott«fd*m to Antoorp, Amsterdam Oslo Mctunti BENAVON »50l 72/1 1/7 11/2 13/2
      603 words