The Business Times, 15 January 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday January 15 1991 75*
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  • NEWS SUMMARY
    • 67 1 LITHUANIAN Foreign Minister Algirdas Saudargas said yesterday the Soviet army crackdown in Vilnius could mean that President Mikhail Gorbachev was losing power to the military. He added: "Nobody in Moscow would take responsibility for the shooting in Vilnius, while the generals in Vilnius
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    • 44 1 THE WHITE HOUSE said early yesterday that US President George Bush would meet Republican and Democratic congressional leaders at 2ioo GMT yesterday as the deadline neared for an Iraqi withdrawal from Kuwait with no signs of a diplomatic breakthrough.
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    • 39 1 JAPANESE corporations with offshore plants in South-east Asia should obtain their components locally instead of importing them from overseas, says the chairman of the Institute of Strategic and International Studies of Malaysia Page 7
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    • 41 1 THE US will have a fight on its hands in imminent trade talks with Japan if, as expected, it pushes for a formal commitment to give foreign microchips a 20 per cent share of Japan's market Page 8
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    • 37 1 SOUTH KOREA will see 7.1 per cent average economic growth annually from 1992 to 1996 and become a creditor country for the first time in 1995, says the Korea Development Institute Page 8
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    • 32 1 THE MINISTRY of Trade and Industry has renewed its hunt for someone to head its research division and fill a post -vacant for more than two years Page 11
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    • 39 1 ITALIAN couturier Gianni Versace, whose costumes for Richard Strauss' final opera recently made their debut in London, says his philosophy for the 1990s is: 'I am confident in myself. I am ready to be wrong.' Page 17
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    • 31 1 WHILE shippers in Singapore are preparing themselves for higher bunker prices, a Gulf war may well prove a boost for the marine fuel supplies business. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 40 1 BLUE-CHIP stocks in New York plummeted early yesterday as hopes for peace in the Gulf dwindled, with the Dow Jones index ol leading industrials off 25 points (one per cent) at 2,476.48 points five minutes into the session.
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    • 44 1 LONDON SHARES were sharply down at midday yesterday and just off their day s lows as the likelihood of war in the Gulf increased. At 1224 GMT, the FTSE 100 index was down 25.9 points or 1.23 per cent at 2080.2 points.
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    • 30 1 A BOARDROOM tussle has erupted in Malaysian-listed Petaling Tin Bhd, an associate company of Straits Trading, which could sour relations between the two closely linked companies Page 3
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    • 25 1 F&N will reduce its 81.5 per cent equity stake in Centrepoint Properties 'if circumstances are propitious', says its chairman Page 3
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    • 36 1 THE Singapore Forex Market Committee says it is also against the use of a points system to reconcile differences between banks and brokers when prices are missed in the currency market Page 6
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    • Article, Illustration
      29 1 Monday Change BT-MGA 578.12 -1.73 Kuala Lumpur ....481.44 -0.67 Hongkong 3,037.62 -20.75 Tokyo 23,213.23 -27.79 Sydney 1,231.2 -11.9 Friday Change New York 2,501.49 +2.73 London 2,106.1 -2.6
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    • 18 1 Exchange rates USS SSI.7630 Yen SSI.3006 MS SS0.6465 Money market rates Overnight 4% -1/8 3-month 4-5/8% +1/16
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    • 35 1 London Gold AM fix USS395.35 USS4.95 Rubber S'pore Feb 151.25'/kg +0.75 M'sia Feb 236.50»/kg unch KL Tin Turnover 44 tonnes-19 Spot MS 15.12/kg +0.02 Crude palm oil Turnover 1,767 lots +1,216 Jan MS900/tonne +6
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  • 460 1 EC cancels last-minute delegation to Baghdad massed in the Gulf. Agencies UNITED NATIONS Secre-tary-General Javier Perez de Cuellar returned to New York yesterday after his peace mission to Iraq saying he had no hope for a peaceful resolution of the Gulf crisis.
    massed in the Gulf. — Agencies  -  460 words
  • 277 1 OIL PRICES rose sharply in Asian and European markets yesterday as a war in the Middle East seemed almost unavoidable. But although market sentiments were strong, traders said there was no real panic as the industry had, over the
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  • 338 1 ASIAN MARKETS yesterday reacted nervously as the final countdown for a war in the Gulf approached. Stockmarkets in the region drifted lower, while the US dollar and gold considered safe investments in times of war advanced in moderate trading. In Tokyo, the Nikkei index
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  • 194 1 FEARS OF an outbreak of war in the Persian Gull saw Singaporeans rushing off over the weekend to buy up rice and other essentials, resulting in a "temporary shortage", according to major supermarket operators and suppliers. And the Consumers' Association of Singapore, in response to
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  • 554 1  -  Yesterday in Parliament By Anna Teo PARLIAMENT opened debate on the White Paper on shared values yesterday with members examining various facets of the exercise to define a common creed for Singaporeans. Most were agreed that the proposed statement of core values, with amendments and
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  • Page 1 Advertisements
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    • 3 1 More reports, Pg
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  • YESTERDAY IN PARLIAMENT
    • PARLIAMENT BRIEFS
      • 76 2 I-SIDES the Legal Profession (Amendment) Bill, three other ills were passed yesterday. All were intended to make exist- > legislation eonsistent with the Constitutional amendments ;s*ed earlier this month. Two of the Bills Singapore ined Forces (Amendment) Bill and Statutes (Miscellaneous wpdmcnts) Bill were directly related
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      • 77 2 IP CHIAM See Tong and NCMP Lee Siew Choh opposed ic Flections (Amendment) Bill, saying it was unfair to the and diluted the democratic system. But Prime fillister Goh Chok Tong rebutted the charges. He pointed ut that in the 1988 general elections Dr Lee had chosen to
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      • 89 2 HREE recent accidents resulting in deaths of SAF personnel e all isolated happenings and do not reflect any systemic roblcm. Second Minister for Defence (Policy) Yeo Ning tUng said. Dr Yeo, who is also Minister for Communications, •uihasised that safety was "paramount" in all SAF
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      • 46 2 LSO included in the SAF (Amendment) Bill are changes that "v tig volunteers into the mainstream of the SAF". They will ivf volunteers the same status as national servicemen and rciilars, an improvement over their position under the Peon Defence Force Act.
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    • 501 2 QUEEN's Counsels (QCs) have contributed to Singapore's efforts to be a leading commercial and financial centre, and QCs will continue to be "liberally admitted" for important and complex commercial and banking cases. Parliament heard yesterday. Law Minister S Jayakumar, moving
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    • 535 2  -  Reports by Kenneth James, Anna Teo PROPERLY promoted and inculcated, a set of shared values would serve as a long-term nation-building tool, and add to Singapore's political and economic achievements the third dimension of social prosperity, said Members of Parliament yesterday. Singapore's key
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    • 232 2 NOMINATED MP Leong Chee Whye finds the White Paper on shared values "inadequate" as, on balance, it weighs far more on national than individual interests. Sentiment expressed so far over the value "consensus instead of contention" is perhaps only one aspect, and merely the shadow
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  • Page 2 Advertisements
    • 303 2 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times. '*£££.W ;i I jr 4 JIV ]a\ Saab launches the new 9000 CDi 2.3. It's in its elements when it comes to overtaking. Just like you. 11 It's not just a matter
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 531 3  -  By David Chew A BOARDROOM tussle has erupted in Malaysian-listed Petaling Tin Bhd, an associate company of Straits Trading Company, which could sour relations between the two closely-linked companies. Certain Petaling shareholders with substantial interests have requisitioned and obtained a High Court order to convene
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    • 224 3 INTERNATIONAL securities firm James Capel has made changes to its key executive posts, primarily with the appointment of Mr Bernard Asher, executive director of Hongkongßank, as its new chairman. In an announcement yesterday, James Capel said Mr Asher will move to London to take
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    • 285 3 MBT MALAYSIA is in the enviable position of an all-win situation, regardless of what happens at the Gulf. "War or no war, our economy based on fundamentals will remain unscathed," TA Securities' research manager Ang Kok Heng said. However, he noted
      MBT; Source: Malaysian Business Times  -  285 words
    • 509 3 MARKET TALK MBT MUCH has happened in Roxy Electric Industries recently but speculation is still rife in the market that something else is going on at the company. What, no one is sure. What we do know for certain, however, is that Roxy
      MBT  -  509 words
    • 433 3  -  By S N Vasuki BEVERAGE GROUP Fraser Neave will reduce its 81.5 per cent equity stake in Centrepoint Properties "if circumstances are propitious", said F&N chairman Michael Fam in the company's annual report for the year ended Sep 30, 1990. The company reported an 11
      433 words
    • COMPANY BRIEFS
      • 82 3 COLD STORAGE Holdings (CSH) has appointed Mrs Wee Kim Chew as the chief financial officer for the group from Feb 1, 1991. Mrs Wee will retain her responsibilities as secretary of CSH and finance director of Goodman Fielder Wattie (Asia). With the reconstruction of
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      • 33 3 PEH KWEE CHIM, a director of Chuan Hup Holdings Ltd, has purchased 240,000 Chuan Hup TSRs 1994 at the average price of $0.2996 each on Jan 8, 1991.
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      • 48 3 SOH KIM KANG sold 71,000 units of King's Hotel shares on Jan 9 and 10 at an average price of between $1.76 and $1.78 per share. He also sold off 20,000 units of Hong Leong Finance shares at $2.02 on Jan 9, 1991.
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      • 26 3 GENERAL LUMBER (Holdings) has appointed Mr Lim Thian Kiat of Kamunting Corporation as a director of the company from January 11.
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      • 116 3 MINORITY shareholders of Beijaya Corporation (Malaysia) Bhd have been told to vote in favour of the company's divestment of 20 companies to Sports Toto Holdings Bhd as, among other things, it will improve the group's financial position. In an independent advice circular by Aseambankers Malaysia Bhd,
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      • 108 3 PARKSON Corporation, the retailing arm of Amalgamated Steel Mills, has agreed in principle with retailers from Japan. Hongkong, Taiwan, Thailand, Indonesia and Hawaii to form the proposed "Asian Retailers Affiliation Network" (Aran). ASM, in a statement on Friday, said the purpose of Aran is
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  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • 299 4 NYT SEIJI TSUTSUMI, founder and chairman of Saison Group, said last Saturday that he planned to step down from active management of the large Japanese conglomerate and hand over authority to a collective leadership. Mr Tsutsumi, 63, has been slowly withdrawing from day-to-day management
      NYT  -  299 words
    • 229 4 UPI MAJOR Japanese electronics company Toshiba Corp said yesterday that it will establish a joint venture in Malaysia with a Taiwanese company to produce telecommunications equipment, including car telephones and facsimile machines, for the world market. The Tokyo-based company said the joint
      UPI  -  229 words
    • 271 4 Reuter RUPERT MURDOCH'S News Corp Ltd has told US regulators that unless it wins an extension from its bank creditors it will not have enough money to meet debts through the middle of the year. In a filing with the US Securities and
      Reuter  -  271 words
    • 350 4 Reuter BRITISH AEROSPACE pic is considering taking a large shareholding in Australian electronics and defence group AWA Ltd, an Australian newspaper reported yesterday. A spokeswoman for the British group's local unit, British Aerospace Australia Ltd, told The Sydney Morning Herald that the
      Reuter  -  350 words
  • COMPANY BRIEFS
    • 105 4 ISHIKAWAJIMA-HARIMA Heavy Industries Co Ltd's investment in plant and equipment in the year starting April I, 1991, is likely to be about 60 billion yen, a big jump from 1990/91 when capital spending will be about 4.3 billion yen. A company spokesman in Tokyo said yesterday
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    • 91 4 BRIERLEY INVESTMENTS LTD is not negotiating with anyone to sell its stake in Vickers Pic, said chief executive Paul Collins in Wellington yesterday. Earlier, London's Sunday Telegraph newspaper said Brierley was prepared to sell its 20.04 per cent stake in the industrial group. "At this stage
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    • 96 4 BROKEN HILL PTY CO LTD announced in Canberra yesterday its petroleum division will begin seismic work otT Vietnam in April and follow up with wild-cat well drilling some time in 1992. The company is the ninth western group to sign an oil exploration agreement
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    • 109 4 KONICA CORP, a major Japanese electronics firm, has launched a digital full-colour, compact-size copying machine equipped with a zoom enlargement and reduction function. The Tokyo-based company said yesterday that the new model, the Konica 9028, could make plain paper full-colour, mono-colour copying and black and white
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    • 79 4 MATSUSHITA ELECTRIC INDUSTRIAL CO announced in Osaka yesterday that its subsidiary will build a new semiconductor plant in northern Japan to start manufacturing 16 megabit dynamic random access memory chips from the spring of 1992. It said the plant would be built in Tonami city
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    • 100 4 JAPAN'S top car maker, Toyota Motor Corp, said in Nagoya yesterday that it will establish a joint venture with the Japanese affiliate of Unisys Corp in April to develop and market computer-aided design and manufacturing software. It said the new firm, Toyota Soft Engineering
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    • 140 4 TOSHIBA CORP will set up a joint venture in Taiwan in February with two Taiwanese firms to produce parts for air-conditioners, the company said in Tokyo yesterday. The move is to meet expected growth in demand. Toshiba Compressor (Taiwan) Co Ltd, to be capitalised at
      140 words
  • Page 4 Advertisements
    • 214 4 ■r V\ 1\ ■PP TPOV;, .(h<y l[S^ The automatic Chronograph GP 4900 (Olimpico) For nearly 200 years, the watches and movements that bear our name have always been exceptional creations. The new GP 4900 takes its rightful place at the highest level of our watchmaking tradition; technical perfection in a
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  • INTERNATIONAL COMPANY NEWS
    • 294 5 AP CASH-STRAPPED tycoon Donald Trump is giving up the plot where he once boasted he would build the world's tallest building. Mr Trump and a group of partners have agreed to accept a nearly US$4B million deposit which the Los Angeles Unified
      AP  -  294 words
    • 253 5 NYT A SERIES of errors allowed an AT&T employee to cut one of the company's 10 busiest cables by mistake on Jan 4. The errors then seriously delayed the restoration of long-distance service to New York City and surrounding areas. The employee, on a crew
      NYT  -  253 words
    • 269 5 Reuter CHRYSLER CORP has named four senior executives to head separate vehicle development groups for trucks, mini-vans, and large and small cars. The move is designed to improve inter-departmental cooperation in the creation of new car and truck platforms, said Chrysler Motors president Robert
      Reuter  -  269 words
    • 252 5 Reuter THE EUROPEAN Commission has approved the takeover of US entertainment group MCA Inc by Matsushita Electric Industrial Co, saying that the sale to the Japanese electronics leader will not damage the European Community. The Commission investigated the US$6.l billion deal, the biggest Japanese
      Reuter  -  252 words
    • 226 5 NYT INSILCO CORP, a diversified company whose products include military equipment, Rolodex files and textbooks, has filed for bankruptcy protection from its creditors. The company said in Dallas on Sunday that it had bargained fruitlessly since May 1 to get easier payment terms from
      NYT  -  226 words
    • COMPANY BRIEFS
      • 74 5 BRENT WALKER Group pic, the troubled leisure group, will this week announce wholesale boardroom changes, London Sunday newspapers said. The Independent on Sunday. the Sunday Times and the Sunday Telegraph said George Walker agreed to separate his role as chief executive artd chairman by bringing
        74 words
      • 65 5 MGM-PATHE Communications Co, which recently bounced several cheques to employees and contractors, said on Friday it had paid US$26 million in late interest payments on bonds. The studio said it had paid the interest on MGM-UA Communictions 12.625 per cent notes due in 1993 and its 13
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      • 85 5 COATS VIYELLA pic, Europe's largest textile firm, is poised to launch a £200 million bid for Tootal Group pic, the Observer newspaper said. The paper said speculation was mounting that Coats will bid again for the thread and clothing concern. Just over a year
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      • 66 5 RADIO SHACK, a Tandy Corp unit, said it will ship this week the Tandy 2810 HD, a new notebook-sized business computer weighing 6.7 pounds with battery. The company said the computer features a 16 megahertz microprocessor. VGA graphics, an internal hard drive and a floppy disk
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      • 114 5 LIVE Entertainment Inc said on Friday that its plan to buy the assets and liabilities of Vestron Inc has been approved ty a New York bankruptcy court. The move will make it possible for Live to begin releasing Vestron's 10 unreleased films and using Vestron's library
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      • 82 5 INTERNATIONAL Business Machines Corp said on Friday that it expected to complete the sale of its operations that make printers and related products to Clayton Dubilicr Inc by the end of March. The new company, to be named Lexmark International Inc, will manufacture
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  • Page 5 Advertisements
    • 109 5 J'-** y > -i Vj JSBtejBL '-cr iM^ir v *T' *\>>» PB&firj? Jw&sai SB* C'\ v. *£f£?3 f > J ;4 V- i RKuflitfiMßlßHl ">•- -*■-*-:-sr-v pm ■m ft v -i jft m wff y lllf I I I iwlhi IHIC k T |i^j THI» '•■-> Again N»Kon is on
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 103 6 THE World Bank has announced U*****.4 million in loans to improve living conditions in three Chinese cities. President George Bush has urged the bank to lend to China only for basic human needs. The United States has the largest share of votes among
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      • 90 6 FIRST Fidelity Bankcorp, the largest banking company in New Jersey in the US, announced on Friday that it had acquired 48 branches and US$2.5 billion of deposits from City Federal Savings Bank, a failed bank that has been operating under government control. The branches, in Union,
        90 words
      • 75 6 NOMURA Securities Co Ltd will spend about two billion yen to increase its stakes in German investment firm Matuschka Group Ltd Partnership GmbH and subsidiary Matuschka Nomura GmbH, a Nomura spokesman said. Nomura aims to expand its asset-management, merger and acquisitions and stock-listings businesses in Germany,
        75 words
      • 84 6 THE World Bank said on Friday it had agreed to provide a US$l75 million loan to help the Philippines finance industrial and energy conservation and pollution control projects. The overall cost of the projects being backed by the World Bank is projected to be some
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      • 2 6 Dollar$ Non$en$e
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    • 627 6  -  Committee has had some success with its approach to reconciling difference payments By Alvin Tay THE SINGAPORE Foreign Exchange Market Committee has reiterated that it is also against the use of a points system to reconcile differences between banks and brokers when prices are missed
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    • 217 6 Reuter THE MAN in charge of insuring US banks complained in an interview published on Sunday that he has "the biggest damn lousy job in the country" and that his agency was in great danger of running out of cash. William Seidman, chairman of
      Reuter  -  217 words
    • 241 6  -  By Quak Hiang Whai DBS BANK yesterday opened its first full-service branch in Hongkong, allowing the Singapore bank to offer a whole range of banking services, including loan and treasury facilities. The branch, located at the Far East Finance Building in the Admiralty business
      241 words
    • 353 6 MOST MAJOR banks in Indonesia will likely slash their lending volumes this year. The Jakarta Post reported late last week that the foreseen lower lending volumes will be the result of consolidation of operations, re-ex-amination of loan portfolios and gearing up to meet the
      353 words
  • Page 6 Advertisements
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      192 words

  • THE REGION
    • 412 7 Offshore Japanese MNCs urged to help S E Asia develop Bernama JAPANESE corporations with offshore plants located in South-east Asia should obtain their components locally instead of importing them from overseas, the chairman of the Institute of Strategic and International Studies (ISIS) of
      Bernama  -  412 words
    • 317 7 MBT MANILA is set to introduce new measures to enable the Philippines to catch up with its Asean neighbours in attracting foreign investment, says a senior Philippine official. Addressing a forum at the Manila-based Asian Institute of Management over the weekend, Trade and Industry
      MBT  -  317 words
    • 46 7 A young woman showing her disapproval of New Zealand abortion laws at a protest in Auckland yesterday. The Abortion Bill will be discussed early next month, and the pro-abortion legislation may change with rising public opposition. Reuter picture Reuter picture
      Reuter picture  -  46 words
    • 208 7 THAI EXPORTERS have not been much affected by the Gulf crisis, and if war breaks out, some will even benefit from it, according to a survey conducted by Bangkok Post. President Interfood Co managing director Krist Sriraphapasiri said his company would benefit from the
      208 words
    • 151 7 Reuter VIETNAM'S first financial joint venture with a foreign country, Indovina Bank, has just started operations in Ho Chi Minh City. According to the Vietnam News Agency (VNA), the joint venture between the Vietnam Industrial and Commercial Bank and Indonesia's PT Bank Summa
      Reuter  -  151 words
    • NOTE BOOK
      • 61 7 FOREIGNERS working in cash-strapped Vietnam will have to pay income tax from April I under a new government statute. The new decree applies to foreigners and Vietnamese and was adopted by the Council of State last Dec 27 and promulgated by President Vo
        61 words
      • 78 7 THAI FOREIGN MINISTER Arthit Urairat is to pay an official visit to Malaysia to discuss economic cooperation among Asean countries and Malaysia's proposal to set up an East Asian economic bloc. The one-day visit, scheduled for tomorrow, would be the First trip of the newly-appointed
        78 words
      • 79 7 THAILAND AND CHINA may cooperate closely in promoting tourism next year during international drives to attract visitors to the region. At least three international campaigns will be launched next year Thai Heritage Year in honour of Her Majesty the Queen's 60th birthday, Visit Asean Year and Visit
        79 words
      • 66 7 INDONESIA has briefed a Vietnamese delegation on how it manages its economy for input to Hanoi in its efforts at economic reformation from a centralised to market oriented system. Coordinating Minister for Economy Radius Prawiro told journalists that the Vietnamese team, headed by Deputy Prime Minister
        66 words
      • 68 7 PRESIDENT CORAZON AQUINO has approved an increase of up to 12 per cent on the price ceilings on five basic commodities in spite of sharp criticisms by labour and congressional leaders. The adjustment in the prices of milk, sugar, pork, chicken and cooking oil were prompted
        68 words
      • 53 7 THE INFLATION RATE in Laos has been brought down to about 15 per cent. Radio Vientiane quoted a senior State Bank of Laos as saying that the inflation rate had fallen dramatically in the communist nation from about 70 per cent annually to about 15 per
        53 words
      • 59 7 AUSTRALIAN EXPORTERS are backing Primary Industry Minister John Kerin's demands for a quarantine agreement with Saudi Arabia to help end the rejection of Australian live sheep shipments because of disease. Mr Kerin has threatened to stop the live sheep trade with the Saudis until quarantine and
        59 words
  • Page 7 Advertisements
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      210 words

  • THE WORLD
    • WORLD WATCH
      • 102 8 DESPITE THE big increase in room supply, Hongkong's hotels recorded an average occupancy of 77.47 per cent last year. The South China Morning Post said yesterday that preliminary figures provided by some hotel owners show that Hongkong's 32 hotels showed only a slight occupancy
        102 words
      • 78 8 PORTUGUESE President Mario Soares won a resounding personal victory when he was re-elected for a second five-year term with the highest share of the vote since the 1974 revolution. With almost all votes from Sunday's poll counted, election officials said yesterday that the 66-year-old socialist had 70
        78 words
      • 75 8 CHINESE Vice-Premier Zou Jiahua arrived in Paris yesterday, the first senior Chinese official to visit France since Beijing's violent crackdown on the democracy movement 18 months ago. Mr Zou, who in his capacity as a member of the State Council is the equivalent of a minister of
        75 words
      • 83 8 BRITISH Prime Minister John Major said in an interview broadcast on Sunday that he has no plans to call an early general election. Asked by Britain's TV-am television whether he would "cut and run and do a quick honeymoon election," Mr Major said: "I have
        83 words
    • 626 8 Tokyo companies to oppose any bilateral buying regulations Reuter THE US will have a fight on its hands in imminent trade talks with Japan if, as expected, it pushes for a formal commitment to give foreign microchips a 20 per
      Reuter  -  626 words
    • 330 8 Agencies SOVIET PRESIDENT Mikhail Gorbachev did not order the use of troops in Lithuania, the Soviet interior and defence ministers told Parliament yesterday. They said it was the local army commander who sent in soldiers to seize the radio and television station in Vilnius. "I
      Agencies  -  330 words
    • 368 8 Reuter SOUTH KOREA will see 7.1 per cent average economic growth annually from 1992 to 1996 and become a creditor country for the first time in 1995, the Korea Development Institute (KDI) said yesterday. The figures were in a time-table submitted to
      Reuter  -  368 words
    • 222 8 AP DISINTEGRATION of the Soviet Union could lead to individual UN memberships for all 15 Soviet republics, thus realising one of the late Soviet dictator Josef Stalin's dreams in a manner he would have detested. If independence-minded republics get into the
      AP  -  222 words
    • 253 8 AFP STATE CREDIT for China's 18.2 million rural enterprises, the motor of the national economy, will increase only marginally this year, according to an official report yesterday. Agriculture Bank of China vice-president Lin Zhongjie told China Daily that 160 billion yuan
      AFP  -  253 words
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  • Page 9 Advertisements
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      222 words

  • 496 10 EDITORIAL CRITICS of Singapore's petrochemical complex, who questioned its commercial viability in the past, must now be hanging their heads in embarrassment. Not only is the complex enjoying healthy profits; existing investors proclaimed their confidence in unequivocal terms when they unveiled their plans last
    496 words
  • WHAT THE OTHERS SAY
    • 205 10 WHEN China's naive young students massed in Tiananmen in May 1989 to demand greater democracy from their aged rulers, some carried posters of Mikhail Gorbachev. He was the hero, the brave new thinker of communism breaking down the rigidities of cold war ideology abroad and the herald ot
      205 words
    • 125 10 ON his first trip to Indonesia as Singapore's Prime Minister, Mr Goh Chok Tong suggested a plan to enhance the development of East Asian countries. His proposal, the Growth Crescent, provides food for thought. For it to work. East Asian countries will have to help spur the
      125 words
    • 155 10 MANY Singaporeans have proposed that clauses such as "honest government" and "belief in God" be included in the Shared Values. However, there is a lack of direct link between whether a government is honest and whether people have such values. In a democratic political system, good or
      155 words
  • REGIONAL VIEWPOINTS
    • 171 10 THE DEADLINE for Iraq's withdrawal from Kuwait is set to live up to its name casualties by the thousands now seem inevitable following the failure of the Geneva talks to break the deadlock in the Gulf. Although efforts are still being made to avert the war, there should
      171 words
    • 133 10 ONE THING that has drawn the attention of observers following the speech which the President delivered when he presented the 1991-1992 draft State Budget is the fact he made no special reference to the development of Indonesia's eastern regions. Last year, the President did make a special
      133 words
  • 770 10 Will the price of oil surge if war were to break out in the Gulf? NYT A WAR in the Gulf may not create shortages of oil in the United States, oil company executives, government officials and other experts say. But they
    NYT  -  770 words
  • Page 10 Advertisements
    • 56 10 Win it be n Singapore politicians give their views 111 I I I I J What the Singaporean I II 1 i in the street thinks What the world press 1 1 Jll y J The peace-makers I II I I War? Wot we worry, ask pub-crawlers I□ Plus the
      56 words
  • Page 10 Miscellaneous
    • 83 10 Doonesbury by garry trudeau fWHAWA\( BEATS COURSE, EVEN IF HOSTILITIES ITS UKB BEING iA WINK'S RAY. IRAQ'S BREAK OUT, tUE UJONT BE IN UJIU- 36 TO PUCK INSIPE A 316 fifNuA only got rr for a feu my&. we eer to H incoming or vipeo game, HAPPEN, TEN MINUTES) SIT
      83 words

  • ANALYSIS
    • 672 11  -  Jane Morrison reports on expensive construction white elephants Jane Morrison Reuter EVER seen a bridge standing alone, new unused metro stations or highways ending up in fields? Come to Belgium, the land of worthless public works. Better known for mouth-watering chocolates and
      Reuter  -  672 words
    • 1032 11  -  Why has the job as Singapore's top economist been vacant for more than two years? Anna Teo examines the reasons for the dearth of research economists in Singapore Anna Teo IS Singapore in dire need of research economists? The question arises as the Ministry of
      1,032 words
    • 652 11 Luring mothers-to-be with luxury accommodation Asahi News Service WITH Japan's birthrate declining year by year, some maternity hospitals in Osaka are trying to attract expectant mothers with services comparable to those of luxury hotels. "There's no way (maternity) hospitals can survive with such
      Asahi News Service  -  652 words
  • Page 11 Advertisements
    • 185 11 TAKING A HOME L®AN MOVE IN THE RIGHT DIRECTION. vffir You've made a major move by deciding A t0 buy a home I JH fpTyt Your next move: take a home loan And this key decision, consider Singapore's foremost home loans specialist, Credit POSB Be it a house or an
      185 words

  • FOCUS
    • 746 12  -  If the Kuwait Investment Office, one of the world's biggest single investors, is forced to liquidate holdings to raise cash to rebuild the country, it could send tremors throughout the world. Eric Ellis reports on this Sword of Damocles that hangs over the
      746 words
  • Page 12 Advertisements
    • 90 12 I!<&&&£s<*s< rw?« A ;s U I? -'>%?< v! x > v,; it 1 I /t'T*» a* v. i f\. Ty *,7 -BBBBBP 1 k JL .AH I <h9 19 jgj Hi y \^PjPfl^^^^^B BNfl fcT m•• A*o Mr <«fl v^r--;o I < 111 y jsSS I jjfl |g' I. Jn
      90 words
    • 332 12 NOTICES In the Matter ot Me Companies Act. Cap 50 And in the Matter of HESPER TRADING PTE LIMITED Notice of Resolutions tor Members Voluntary Winding Up (Pursuant to Section 290) At an Extraordinary General Meeting of the Members of Hesper Trading Pie Limited duly convened and held at the
      332 words
    • 318 12 In the Matte' of the Companies Act Cap 50 And m the Matter of INTEREXWBmON MANAGEMENT SERVICES (S) PTE LTD At an E xlraordinary General Meeting of the Members o» INTEREXHIBITtON MANAGEMENT SERVICES (S) PTE LTD duly convened and held at 190 Middle Road #18-06* fortune Centre. Singapore 0718 on
      318 words

  • INNOVATION & TECHNOLOGY
    • TECH TAKES
      • 80 13 LOGITECH has introduced a new line of advanced point and click "Mouse" devices for PCs. The company will unveil products for both Apple Computer's Macintosh machines and IBM PCs and compatibles. The California-based company is a leading supplier of computer mouse products, which allow individuals
        80 words
      • 79 13 NORTHERN TELECOM, United Telecommunications' Sprint Unit and US West said they have successfully demonstrated a key component of the proposed nationwide emergency telecommunications service (NETS). NETS is a software module for telephone switching systems that redirects priority calls around network failure points at computer speeds
        79 words
      • 134 13 AMERICAN Telephone and Telegraph Co said scientists at its AT&T Bell Laboratories have set two world records by generating the shortest and the fastest light pulses with a monolithic semiconductor laser. The company said the collid-ing-pulse mode-locked laser generates 350 billion light pulses per second,
        134 words
    • 431 13 NYT Reuter TODAY's new cars are relatively mild polluters. They are designed to emit no more than 5 to 15 grams of carbon monoxide a mile. But as these cars age, especially if they are poorly maintained, they become dirtier. In
      NYT; Reuter  -  431 words
    • 701 13  - The IT industry has its ups and downs but at the same time? The IT Industry Survey 1990 came in for questioning in an article in the Malaysian daily The Star last month. The article quoted HK-based Research Asia which said the figures from the National Computer Board's annual survey
      701 words
    • 305 13 NYT THE US firm 3COM Corp said last week that it was getting out of the software business and looking for a buyer for its computer work station and server business to refocus on network adapters and internetworking systems. This will cause a loss
      NYT  -  305 words
  • Page 13 Advertisements
    • 77 13 notice R TODAY CITROEN RE-LOCATES TO A NEW SHOWROOM AT 19 LENG KEE ROAD TEL: *****01 FAX: *****84 Jr* With the opening of the new fign Citroen showroom, Advance Automobile (Pte) Ltd is now able to provide a higher standard of personalised service to all customers. Please note that the
      77 words
    • 209 13 -SHERRY PRO-286SC/16 SHERRY introduces security for vour personal databank Security, in addition to practicality and affordability that's exactly what the SHERRY PKO-286SC/16 offers you, plus a host of other utility features. With the new c HPRRY PRO 286SC/16 system, for instance, youll never have WpHHH| 1 aHr.Mii r*u to worry
      209 words

  • THE TRAVEL PAGE
    • 1098 14 City Right ETA Flight ETD Abu Dhabi GA893 1235 GA892 0355 GA974 2135 GA886 2220 Adelaide SQ228 1910 QF82 2H5 QF7 2155 Amman RJ83 0350 Amsterdam GA893 1235 GA892 0035 KL837 1505 GA974 2135 S023 1815 KL838 2150 SQ24 2215 Athens I SQ24 2215 Auckland N235
      1,098 words
    • 598 14  -  POSTCARD FROM JAKARTA By Andrea Borch SLOWLY a skinny man drags himself across the pavement in front of the waiting passengers. On his hands and knees he crosses the tracks in Jakarta's Gambir Station and approaches a fashionablydressed woman. She casually gives him a 1,000-rupiah note,
      598 words
    • 151 14 As at 3pm yesterday: l>ocal dollars to one unit of foreign currency Currencies Hid QO'er Australian dollar 1.3550 1.3750 Canadian dollar 1.5220 1.5400 NZ dollar 1.0350 1.0650 Sterling pound 3.3200 3.3500 IJS dollar 1.7570 1.7670 lx>cil dollars to 100 units of foreign currcne) Austrian schilling 15.80 16.80
      151 words
    • 232 14 Duration Title Venue Organiser Tel Jan 19-27 International Germany Stuttgarter (46)711/2589-0 Exhibition For Mcsse 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 Feb 4-9 International Netherlands Koninklije (31)30/*****1
      232 words
  • Page 14 Advertisements
  • Page 14 Miscellaneous
    • 310 14 I Among the servants in the M 9He works in cloth but "Fj "jl 10 Jack takes poem home (5) _L_L—""■H"'"" 11 See Carol going down! (6) 12 Nest rebuilt in a rush was iT~ I not favourably received (8) slum area n 6 1 15 Enough now to compare
      310 words
    • 216 14 ■HI I Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 28.3 C Assoc humidity 84% Minimum temperature 23.8 C Assoc humidity 99% Hours of sunshine 0 00 Rainfall in mm 29.5 Rainfall this month 34 8 Rainy days this month 4 World forecast Asia-Pacific Hi/Ix>* Comd.
      216 words
    • 18 14 sigh" CPH'r Pf\sf My u)Ay Hetfe... —VooK \T<£* Bill \J Jfc axA-r C EVENING STANOARO CO. LTD.. IM2-IMI
      18 words

  • SPORTS
    • 444 15 Australian Open AP TO HEAR the teenage girls gossip about Steffi Graf, you would think she is a has-been. Her hair is graying, her game is stale and she is about to retire to the old ladies villa for tennis zillionaires. A lot
      AP  -  444 words
    • 372 15 AP A YEAR after Gabriela Sabatini left the Australian Open in a wheelchair, she returned cautiously but triumphantly yesterday to lead a charge on Steffi Grafs three-year championship reign. Sabatini, the US Open champion, kicked off her drive for a second straight Grand Slam
      AP  -  372 words
    • 424 15 AP PHIL MICKELSON escaped the chill embrace of a snowman in the desert and, with birdies on two of the last three holes, gained a little piece of golfing history on Sunday. In golfers* parlance, a "snowman" is a score of 8 on
      AP  -  424 words
    • SIDE LINES
      • 121 15 KENYA won the men's and women's races in the World Cross Challenge in Ireland on Sunday. Osoro Ondoro was first in the men's event and Jane Ngotho took advantage of the absence of compatriot and pre-race series leader Susan Sirma to win in the
        121 words
      • 90 15 MARC GIRARDELLI of Luxembourg skied the fastest runs in both heats on Sunday, winning a slalom race by nearly a second and taking over first place in the overall Alpine World Cup standings in Kitzbuehel, Austria. Girardelli finished with an aggregate time of one minute, 42.41 seconds
        90 words
      • 70 15 TITLE-HOLDER Steffi Graf and the world's number one Stefan Edberg are firm favourites with the oddsmakers at the US$4 million Australian Open championships. The Open started in fierce heat at the Flinders Park stadium yesterday with Graf at 5-4 to win her third tiara and Edberg
        70 words
      • 86 15 MITSUBISHI scored a sweep of the top positions in Sunday's stage but Ari Vatanen of Finland and his Citroen still retained the lead as the Paris-to-Dakar Auto Rally resumed in Mauritania yesterday after a one-day delay. The race was stopped on Friday after a driver of
        86 words
  • Page 15 Advertisements
    • 187 15 COLONIAL BUNGALOWS A RARE OPPORTUNITY 2SHS IWKmW TO LIVE IN HISTORICAL SINGAPORE IBe among the priviledged few to enjoy the unique luxury and I •I I grandeur of historical bungalows set amidst the beauty of I i I tropical gardens landscaped by time I I MALCOLM ROAO 1 i j
      187 words
    • 62 15 f r l^^i'l IMr y i/^i <r > -<•' V' ir 4o^a^MM Omni Marcc SINGAPORE IlLntertaining is plain sailing when you have a distinctive ambience and distinguished cuisine. I ——————————FOR BANQUET AND WE ALSO CATER FOR HO'JSE, GARDEN. EMBASSY AND OFFICE FUNCTIONS FROM FOUR TO FOUR HtfffOßfeD PEOPLE CATERING ENQUIRIES
      62 words

  • Page 16 Advertisements
    • 185 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. Spitv S/echuan dishes served .it lunch and dinner daih i in tlieiool. inxiting atmosphere of S/eihuan (.ouit. Reseitatioii,:t:tO MSIOnr !WBB)Hsext Ittl.YV «>. m THt WlSriN PIAZA toon vo»h>«» l/ffo-fgft WESTIN
      185 words
    • 246 16 A SPKHKUM. yw PURM\IIO> APPEARS TONIGHT ABOVE StTJTTS Rltti) CANOPY BAR Wimt t»d lk«np«««r With its spectacular glass frontage. the anopy Bar 'in the ideal plate to see the stars It's alsoySingapore's newest and most exclusive rendezvous Delightful Dian Xin x *-*.1^ Enjoy the best from our a la carte
      246 words
    • 279 16 "Honey, they're playing our song." t WW# Romance blooms again at Club 5. Ever\' night after 9 pm. The perfect place to relive the great times IISS Plaza Hotel VXjAPOItt Q wA*M«coioutrui*in«iTiric H Rr*l» Kiurt smcapiMT <1719 M WflOOll Feast (hif s! u y*- Rsh Head Curry at only $17.50
      279 words
    • 258 16 c72ds6a/L u Tfoe Dream Unfolds Anew'' Let your nights awaken to new wonders. Come back to our dream oasis of music and magic the newly refurbished, invigorated Kasbah where the magical nostalgic past, the glittering present and the shimmering promise of the future meet. Each night is a flight into
      258 words
  • Page 16 Miscellaneous
    • 686 16 TELEVISION AND RADIO Tlm+UcLre in lm;P SBCI2 I «S tSJSZSS: i business on radio OIL) LllCliS 111 IUVC 7.30 PM Sob Sisters Close ,o Mark re,uses to talk ,0 W,,- 5.30 BK g9.9 mta in VWB.nd II the Edge (Ep 2). Liz, after 7.25 Programme Highlights. 5.55 Today In History.
      686 words

  • LIFESTYLE
    • 972 17  -  Suzy Menkes looks at how a master designer makes fashion and theatre dance a pas de deux Suzy Menkes IHT A BALLERINA twirls out in the middle of the opera Capriccio. She is wearing a tutu as stiff as a lampshade one, two, three,
      IHT  -  972 words
    • 577 17 AFP CHINESE migrants in Australia are being warned to beware of Western delicacies such as the meat pie, the hamburger, and fried fish and chips laced with salt. Although local research is lacking, there is a strong suspicion among health workers in Sydney
      AFP  -  577 words
    • 732 17 CHATTERBOX PAUL Newman has donated US$B million in profits from his celebrity foods business for 1990 to more than 400 charities worldwide. The company, Newman's Own, has raised nearly US$36 million for charity by selling popcorn, salad dressing and other foods since its
      732 words
  • Page 17 Advertisements
    • 221 17 AND ENTERTAIN Set Your Heart On Our Set Meals. lunch: u f -'kpm jL, PtR PHISDN DINNER fc.WPM II) ~.T, t- I 10 ICPNt Jl»> SC. PFR PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays. Ak ANA HOTEL
      221 words
    • 132 17 NOTICE IN THE MATTER OE THE COMPANIES ACT, CAP. 5« AND IN THE MATTER OE GOLDEN UNIVERSE (SINGAPORE) PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) EINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 50) that the FINAL MEETING of the Members of the abovenamed company
      132 words
    • 64 17 PASTA BRAVA RISTORANTE ITAIIANO PASTA BRAVA RISTORANTE ITAIIANO i 1 s I FOR A TASTE (F ITALY UN OLD SMGAPOHE 2 PASTXgkAVA I LUNCH (11.00 to 2.30 pm) a > DINNER (6.00 to 10.30 pm) g (Closed on Sunday) > For Reservations, call *****50 J trj c Qc I 5
      64 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4529 18  -  By Diana Oon AIDED by a recovery on the Tokyo market, Singapore share prices managed to make marginal gains yesterday in the midst of mounting fears of war breaking out in the Middle East. While some brokers said the 2.18point gain on the
      4,529 words

  • 4008 19 Main Board NatSteel H00 20 2.6% OUT 23V >14 +6.2% Cold Store 50* 256 8 +3.2% C&C 360 +6 1.7% Weames 350 »6 t I 7% Keppel C Wrts 279 +6 +2.2% Jurong Ship 50* 570 +5 +0.9% keppel Corpn 555 +5 +0.9% Spore Land
    4,008 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 901 20 Bernama Reuter SHARE PRICES in Kuala Lumpur closed easier yesterday, but off the day's lows, as third liners attracted some buying interest in the afternoon. The KLSE Composite Index slipped 0.67 of a point to 481.44 while the Industrial Index closed 1.52 points lower at
      Bernama; Reuter  -  901 words
    • 2980 20 1991 Last Vol Day Net Cap High Low Comp«ay Sate "OOO High Low P/E Smil INDUSTRIALS [79 170 AISB 50* 177 2 20 177 172 43.2 181.6 342 322 ASM 50* 324 -2 56 326 324 28.9 1330.0 296 280 Acidchem 285 unch 38 286 284 122.5 "t255 250 Ajinomoto
      2,980 words
  • Page 20 Advertisements
    • 112 20 "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
      112 words

  • BT SHARE INFORMATION SERVICE
    • 272 21 D Company Oat* Year Group Nat Mat earnings Grots ann to profit/loss (L) por share dtvldoad ,1 (•000) (c««t») A Times Pub Jan 3 Aug 90 $28,013(523.423) 23.0(19 3) 10(9.9) D NST Dec 24 Aug 90 M$59,064($18.786) 67.2(21 8) 20(18) H YTl Corpn Dec 17 Jun 90 M$11.530($7,127)
      272 words
    • 176 21 I Company Data Yaar Group pre-tax Mat earnings Grots ann to profit/loss <L) pt »**rt dWdond (•000) (cwts) H Leong Credit Jang Jun 90 M$35,181(M$25,440) 21.8(16.4) 10(10) leong Haat Jan 2 Dec 89 $182l($356l) Pacific Can Dec 28 Sep 90 $1.387L($562h) -<0J) Van der Horst Dec 28 Sep
      176 words
    • 332 21 Company Rights Issue Mum One-tot-two MSI 00 pet state Issue of 40m Cumulative Redeemable Preference Stares of M$0 10 each at MSI per start with lQtn detachable TSR Bolt on One-tor four MS? 00 pet stare FAC8 Capital Reduction Scheme to reduce par value of stares from 50
      332 words
    • 436 21 Current Ex Books Date Totei for Total for payment date dose payable tfce year last year MSB 10%(b) Jan 4 Jan 18 Jan 28 10% 12% AMFP NYA Dec 14 Jan 3 Feb 15 NYA 28% Amal Steel 12 6%(b) Nov 29 Dec 13 Jan 21 126% 8%TE
      436 words
    • 648 21 BONDS, LOANS WARRANTS fo«p»ny Cwwnlw yrted Cwwnlw trm tor tm wdUary »tof CM Wt Before 26/4/93 I*« *309 cash C urn) Law Cum, wt 2/10/89 to 20/10/94 1 warrant phis $0 77 cash or 1 warrant ptus ]0 77 nominal amount ot loan stock Chw Hm Notes Chan Hm Wt
      648 words
    • 297 21 Coffiojnv Data Half-year Group prt-tax lnttHm ann to profit/Iom (L) dtvWoad (•000) Sateras Dec 31 Sep 90 MJ462UJ369L) Isetan Dec 28 Sep 90 J10.458(—) 10) MCB Hldgs Dec 27 Sep 90 M$l,333(11,3191) —(2.5) Peg. Msia Dec 27 Sep 90 M$3,590($294L) Alex Hldgs Dec 26 Sep 90 $1.446L($257) Metalock
      297 words
    • 1203 21 Jan 12 Palm Resort Golf and Country Club, the golfing-cum-residential complex in Johor, jointly owned by Amcol Holdings and Japanese Kasugai Kanko Kaihatsu, has launched its first foreign membership drive at Msloo,ooo each. The Park Plaza (roup has been appointed to manage a service apartment development in Sydney's
      1,203 words
    • 126 21 Company Rights Issue Causeway In* Threes four <& $060 per share Ej-date Dec 10 Books close: Dec 20 Acceptance Payment Feb 1 CUM Five-tor tour <& MJi 00 per share Ei-date Nov 23 Boohs close: Dec 7 Acceptance Payment Jan 22 M Mosaics One-tor-one M$1 50 per share
      126 words
    • 182 21 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 htfr 1059.04 (4/1/91) 1*1 to* *****7 (4/1/91) 1991 loir 1039.90 (8/1/91) 1991 tow: 1153.48 (2/1/91) 1990 h*t 1435 43 (16/7/90) 1990 M* 1607.12 (27/3/90) 1990 tow: ***** (09/11/90) 1990 tow 1079.50 (11/10/90) 1989 Njh: 1322.00 28/12/89) 1919 MUc 1487.76 (26/12/89>
      182 words
    • 692 21 Singapore Stocks L*** FuM Year Company Ptnod Date Tear Net EPS Gross Net arranced endnf (cants) 4* pro# last year (TOM) CMB Pickipn Interim Nov 13 Dec 90 29 7 112 11.616(e) BMT Interim Jan 10 Jun 91 254.2 150 0 773 Khonf Guan Interim Jan 12 Apr
      692 words
  • Page 21 Advertisements
    • 91 21 This announcement appears for the purposes of record only January 1991 The HourGlass Limited I (Incorporated in the Republic of Singapore) K. Rights Issue I of I $19,200,000 5.0 per cent. I unsecured Loan Stock 1991/1996 I with 19,200,000 detachable Warrants I to subscribe I for 19,200,000 new ordinary shares
      91 words


  • REGIONAL STOCK MARKETS
    • Aussie shares fall to three-year low
      • 915 23 NEGATIVE sentiment caused by escalating tension in the Middle East and Soviet strong-arm tactics in Lithuania drove the Australian sharemarket to its lowest close for three years. The All Ordinaries Index slid 11.9 points to 1,231.2, its lowest close since Feb 16, 1988. when it hit 1,215.0. Shares were
        915 words
      • 497 23 PHILIPPINE share prices climbed sharply yesterday despite the Jan 15 deadline for Iraq to quit Kuwait as investors continued to believe that a diplomatic solution can be worked out to defuse the Gulf crisis. The Manila Stock Exchange Composite Index rose 18.37 points to close at 605.21, up from
        497 words
      • 707 23 BANGKOK stocks closed slightly higher yesterday with local investors speculating a Gulf war would end quickly, leading to a turnaround on the Thai market, brokers said. The SET Index gained 2.68 points to close at 599.25 on moderate turnover of 22.77 million shares valued at 1.135 billion baht. Siam
        707 words
      • 334 23 LAST-MINUTE buying pulled Taiwan stock prices up yesterday as the jittery market was swept by rumours of possible peace in the Gulf, dealers said. The Weighted Index gained 51.60 points, or 1.5 per cent to finish at 3,591.31 compared with Saturday's 3,539.71 finish. Turnover was j NTS 17.96 billion
        334 words
      • 776 23 SEOUL stocks ended the day ahead af- ter sluggish but volatile trade on Gulf fears had earlier driven the index down.' to near 635, brokers said. The composite stock index closed at 652.25, up 3.06, after losing more that! > 12 points from Saturday's half-day. V©i-' ume was weak
        776 words
      • 72 23 NEW ZEALAND shares yesterday set another seven-year closing low in thin > business, with buyers taking a wait and see attitude as the UN deadline for Iraq to withdraw from Kuwait approaches. Brokers expect another quiet day of > casing prices today. The Barclays Index finished 13.04 points
        72 words
      • 626 23 JAKARTA share prices slipped further and brokers continued to pin the blame on the Gulf crisis for keeping investors out. The market index slipped 3.60 points to 391.17. Volume was down sharply at 2.09 million shares from Fri- day's 3.0 million. Leading the market was textile maker Eratex Jaya
        626 words
      • 622 23 Close l»revio«B Jan 14 SYDNEY All Ordinaries Index 1,231.2 1,243.1 *11.9 All Industrials Index 1,868.8 1,891.4 -22.6 All Resources Index 739.1 743.4 -4.3 Turnover (million) 40.50 69.61 -29.11 BANGKOK SET Index 599.25 596 57 +2.68 Turnover (million) 22.77 18.25 +4.52 JAKARTA Composite Index 391.17 394.77 -3.60 MANILA Composite Index 605.21
        622 words
  • Page 23 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1053 24  -  THE SANG^NOL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio oj deutschemarks. yen. sterling. Swiss francs. Nikkei Stock Index Futures and Euro-yen futures. SANG
      Source: TeleTrac  -  1,053 words
    • 561 24 REPORTS THE US DOLLAR yesterday opened sharply higher in Europe, driven up by mounting tension in the Gulf and nervousness after the Soviet army took over key installations in the Baltic republic of Lithuania. "It is a political dollar and the
      561 words
    • 387 24 Cross rates Jan 14 US$ SS MS Dm Yen SFr AS NZS USS 1 7640 2.7290 1.5510 135.60 0.5295 1.2890 1.2920 1.6821 SS 0.5669 1.5471 0.8793 0.7687 0.3002 0.7307 0.7324 0.9536 MS 0.3664 64.64 0.5683 0.4969 0.1940 0.4723 0.4734 0.6164 Dm 0.6447 1.1373 1.7595 87.43 0.3414 0.8311
      387 words
    • 570 24 Interbank rates S$ Bid Offer Overnight 4 4 1/8 1-month 4 7/16 4 9/16 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 4-3/16 US$ Bid Offer 7 days 7 3/8 7 1/2 1 month 7 1/2 7 5/8 2 months 7 1/2 7 5/8
      570 words
    • 1158 24 SIMEX nmtuin Open H«gh Low Sett Est Vol Op/lnt Vol Mar 91 92.66 9170 9162 9164 ***** ***** ***** Jun 91 92.75 92.80 92.70 92.73 5050 ***** 7818 Sep 91 92.63 92.66 92.58 92.60 1580 4216 1777 Dec 91 92.35 92.36B 92.29 92.30 210 3574 384 Mar 92
      1,158 words

  • COMMODITIES
    • 392 25 Reuter EUROPEANS have not lost their sweet tooth for chocolate despite a recession in Britain and economic slowdown elsewhere. They arc eating their way through more chocolate than ever and cocoa consumption will continue to expand in 1991 as factories work flat
      Reuter  -  392 words
    • 347 25 UPI US FARMERS, faced with low prices and a global wheat glut, are slashing wheat acreage by 10 per cent this year, the US government said. The US Agriculture Departments crop estimates were the first gauge of the impact of
      UPI  -  347 words
    • 832 25 REPORTS HONGKONG: Gold closed higher in moderate trade after light buying by Australian and local investors offset earlier profit-taking by Japanese investors, dealers said. They said investors were reluctant to step in as the Jan 15 deadline for Iraq to quit Kuwait approached.
      832 words
  • 1426 25 Rubber Jan u MS hi S cents/kg Noon Close Inl I KSS Prompt 150 25/151 25N I5025/I5I.25N Inl 1 KSS Feb 91 151.25/151.75 151.25/151.75 Int I RSS Mar 152.00/152.50 152 00/152.50 Inl 2 KSS OP 148 50/I50.50N 148.50/150 50N Int 3 RSS OP 143.50/145.50N 143.50/145 50N Int 4 RSS
    1,426 words
  • Page 25 Advertisements
    • 579 25 BUSINESS TIMES TELEPHONE: 730-59)7/5902/5942 FAX: 7)4 4982 A Commodity Trading Company seeks a Vietnamese English speaking Executive to be stationed part-time In Vietnam and Singapore. Interested candidates should preferably be 30 45 years of age wtth knowledge of general commodity Trading. The person must be able to represent an International
      579 words
    • 591 25 TIGER GUARDS PTE LTD In Voluntary Liquidation At an Extraordinary General Meeting of the Company held at Blk 808 French Road #05-173, Kitchener Complex, Singapore 0820, on 28 December 1990 at 11am the following special resolution was passed: That the Company be wound up voluntarily and that Mr. Kwan Yew
      591 words
    • 10 25 I. i I Executive Jobs every Saturday in Business Times
      10 words

  • 515 26  -  Sino-Hongkong talks fail to resolve issue From Catherine Ong in HONGKONG THE Hongkong stock market fell as much as 43 points yesterday as investors turned jittery over mounting hostility between China and Britain. The fall followed the collapse of three days of
    515 words
  • 302 26 Reuter TAIWAN, holder of one of the world's largest foreign exchange reserves, has pulled tens of billions of dollars out of US commercial banks, which it fears could fail in an economic recession prolonged by a Gulf war. Central bank officials
    Reuter  -  302 words
  • 259 26 AFP MALAYSIAN Finance Minister Daim Zainuddin, who was credited with the recovery of the Malaysian economy from the recession of the mid-1980s, reconfirmed yesterday that he wanted to leave the Cabinet. Mr Daim, 49, was on holiday abroad last week when
    AFP  -  259 words
  • 800 26  -  The Bottom Line LEONARD SILK LEONARD SILK The writer is a columnist with The New York Times, where this comment first appeared. IT LOOKS as though the markets and business decision-makers will have to live with extreme uncertainty over war or peace, not
    800 words
  • 162 26 MOBIL has joined Shell and British Petroleum (BP) in introducing unleaded petrol at its service stations, leaving only Caltex, Esso, and Singapore Petroleum Co still to launch the new petrol. From today, all 44 service stations in Mobil's retail network will sell unleaded. Of these,
    162 words
  • 189 26 Bernama A SYSTEM of awarding stars to clean food stalls and restaurants in Johor Baru will be outlined at a special meeting of the town's municipal council today. The council's secretary. Mr Hamsan Saringat, said in Johor Baru yesterday that the council also
    Bernama  -  189 words
  • Page 26 Advertisements
    • 269 26 JIL Baume Mercier GENEVE 1830 I 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: US $35 million for The Park at Lakeside, in the desirable westside of the city. US $14 million
      269 words
    • 54 26 _0L Baume Mercier GENEVE 1830 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and you are looking for office space (with business support facilities) we have various sizes for vou to choose. Our prices for a week is equivalent to a night's stay in an Orchard
      54 words

  • Shipping Times
    • 537 27  -  By Selva Kumar WHILE shippers in Singapore are preparing themselves for higher bunker prices, a Gulf war may well prove a boost for the marine fuel supplies business. "A war will benefit us because ships unable to get bunker fuel from the Middle
      537 words
    • 244 27 THE NUMBER of Russian ships calling at Sembawang Shipyard's facilities for repair has more than doubled last year compared with the previous year. "Fourteen ships called at the yard last year compared with six in 1989 and we expect to gain a bigger
      244 words
    • 238 27 AFP SOUTH KOREA'S shipyards, after registering record exports in 1990, are busily fulfilling a wave of new shipbuilding orders from abroad, officials said last Saturday. The 1990 ship exports by South Korea's four shipyards hit U552.66 billion, up 48.6 per cent from
      AFP  -  238 words
    • 581 27 AP THE FIRST commercial flight to Singapore by Asiana Airlines of South Korea marks another milestone in the growth of secondary airlines in Asia. Smaller carriers played second fiddle for years to the official national airlines in most countries. Routes between foreign
      AP  -  581 words
    • 303 27  -  By Rahita Elias A FIVE-YEAR agreement between the Civil Aviation Authority of Singapore (CAAS) and Japan International Cooperation Agency (Jica) launched yesterday has paved the way for better aviation training in the region. The eight-week course on Aeronautical Information Services (AIS), which will provide
      303 words
    • 310 27 INTERNATIONAL marketing and services company Inchcape Berhad is to launch its largest project in recent years with a $31.8-million investment in a warehouse and office complex in Jurong. Piling will start in July and the facility, to be built at Toh Guan
      310 words
    • NEWS SUMMARY
      • 26 27 SHIPOWNERS are now turning to fixed premiums for co\ er as a result of the often heav supplementary calls thev face Page
        26 words
      • 41 27 TANKER companies will continue sailing into Persian Gulf oil ports beyond today's dead line for Iraq to withdraw from Kuwait as long as oil continues to flow from oil fields in the area Back Pag«
        41 words
      • 44 27 THE International Air Trans port Association (lata), concerned about risks for passengers and aircraft becauseof the Gulf crisis, said on Friday it was passing on warnings to member airlines but not to the public directly. Back Fagi
        44 words
      • 32 27 ASIAN governments were preparing on Sunday for possible military confrontation in the Gulf tightening security, cutting back flights and urgirn nationals to evacuate the region Back Pajji.
        32 words
      • 27 27 BRITISH AIRWAYS pic will end its 44-year-old service to the Republic of Ireland, as part of a schedule-shake-up Back Pap
        27 words
    • LOG BOOK
      • 96 28 PAKISTAN has decided to allow private shipping companies is part of an economic deregulation policy. Communications Ministry secretary Salman Faruqui said the government would invite applications from private parties interested in setting up shipping companies as it had already done lor a private airline.
        96 words
      • 105 28 fARUDA INDONESIA plans to increase the frequency of ■ts existing services and add Adelaide, Brisbane and Cairns to its list of Australian destinations from the end of June. I wo extra services to Melbourne weekly will call at Ade•aide, while Brisbane will be served via
        105 words
      • 70 28 vIR CHINA has suspended all flights over the Gulf region rom Sunday because of the danger of war, the official New China News Agency reported. Air China is the internation--1 arm of flag-carrier CAAC, the Civil Aviation Administration of China. Flights from Beijing to
        70 words
      • 59 28 HANOI'S state-run Vietnam Airlines says it has leased a (toeing 737-300 from a Dutch charter airline, Transavia, in its drive to expand and modernise a fleet comprised mainly of Soviet-built hand-me-downs. The Vietnam news agency >aid last week a contract signed by the two airlines would
        59 words
      • 85 28 PENSION BENEFIT GUARANTEE CORP, Pan Am oip's largest creditor, said it asked the US bankruptcy ourt in New York to open the sale of Pan Am's London outes to competitive bidding. The company made the iequest in an attempt to ensure that Pan Am received
        85 words
      • 71 28 KONINKLIJKE Nedlloyd Groep NV's net loss in 1990 will run to tens of millions of guilders, the Dutch daily newspaper Financieele Dagblad said. Company secretary Piet Knottenbelt would neither confirm nor deny the estimate. The company has already forecast a loss, but has not put
        71 words
    • 1005 28  -  Shipowners are now turning to fixed premiums for cover as a result of the often heavy supplementary calls they face, reports Lloyd's List Lloyd's List THE HEAVY supplementary calls faced by most shipowners in recent years have provided a powerful argument in favour of the alternative
      1,005 words
    • 961 28 Jan 18: The Fifth Chua Chor Teck Memorial Lecture on Hull Structural Failures Repairs by Profcsor 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,
      961 words
    • 12826 36 This is a list of ships loading At at Singapore for ports around the world. It tabulates, by destination, the name of the E ship, the shipping line in- volved and the estimated dates of arrival and departure 2: from the Port of Singapore. Advaneed dates are
      12,826 words
    • 3261 41 A xm.BC Containerline NV: Bdsin Shpg Agencies Pte L td (SyMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business C orporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg
      3,261 words
    • 242 41 Abacus Couriers Td: 545-8011. Fax: *****98 Air Express t ravel Td: 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Td: 344-3377. Fax: *****50. Cluster link Supplies Services
      242 words
    • 1478 41 Abex Express Kreight Td: 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 Td: 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
    • 2581 42 ARGENTINA San lxjreiuo: Two vessels loading pellet i/ed meals;! vessel in roads awaiting shippers' orders to load sunflower seed. Rosario: Two vessels operating ol which 1 loading pelleti/ed meal, I loading by-products; 2 vessels berthed in ballast awaiting orders Villa C'onstitueion: I'wo vessels in port of which 1
      2,581 words
    • 560 42 SHIP SALES TANKER RATES Reuter AFP GREEK interests have agreed US$3.4 to US$3.B million en-bloc for the 1970-built Chinto, bulk carrier of 26,769 dwt, and the 1972built Aquarius, twcendecker of 16,008 dwt. VESSELS SOLD FOR FURTHER TRADING Bulk carriers \lberni Dawn: 31,247 dwt and built 1980, sold to Norwegian interests
      Reuter; AFP  -  560 words
    • 540 42 ARRIVALS Op Flight Type ETA T From DEPARTURES Op Flight Type ETD T To TODAY JAL JL6I7 B747F 0200 1 NRT KAL KE697 B747F 0220 1 SEL NCA KZ205 B747F 0310 1 NRT CLX CV796 B747F 2230 1 LUX/AUH/KUL TODAY SIA SQ802 B747F 0230 2 SYD/AKL FDX
      540 words
    • 339 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Port Agent Ports of CaOs JANUARY 19 19 Ocean Pearl 20 21 Song of Flower 24 24 Ocean Peart 26 26 Sea Goddess II 28 28 Song of Rower 29 29 Ocean Peart 0700 1100 0700 0600 1000
      339 words
    • SHIPS IN PORT
      • 633 43 Vnsd Voy No Berth Arrival Departut Vessel Voy No Berth Arrival Oepartve Keood Wharves llmamui 02/91 PIC 1401/1800 1501/0600 Cs Ocean 68 K34 alongside 2001 0800 Inabukwa 03/91 P2C 1501/0700 1501/1900 Hota Ratna E 883 K32 alongside 1701/0600 Isabela 03/91 P2C 15.01/1600 1601/0600 Oceana Quee 44 K30
        633 words
      • 1183 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rsits Ship Voy No Etb/Btr Period From To From Achtergracht AG05S 16/1400 1 14/1500 14/1659 14/1900 3 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1/00 ACX Jade 30A 16/1500 2 14/1700 15/0659 15/0900 4 15/1200 15/1459 15/1700 ACX Uy
        1,183 words
      • 269 43 Penang Port Butterworth berth on Jan 15: 1: Forum Power; 2 Laurel Bay; 3: lawa Timur, Bangramad; 4 Equator Pride; 5: nil, 6: Aka Bhum Penang berth: NB Wa Ka Shio Maru No 28, Wa Ka Shio Maru No 58; CB. Cipta Karya, SB: Bintang Mekar BCT:
        269 words
    • 948 43 THE DRV cargo freight market on Friday saw active time-chartering and further anticipation of chartering by the Soviet Union, following that country's record purchases of grain and soymeal last week. Some operators believe Soviet corn purchases could equate to about 80 Panamax cargoes, but others put the figure
      948 words
    • 470 44 Lloyd's List TANKER companies will continue sailing into Persian Gulf oil ports beyond today's deadline for Iraq to withdraw from Kuwait as long as oil continues to flow from oil fields in the area. Industry sources last week said they
      Lloyd's List  -  470 words
    • 227 44 Reuter THE International Air Transport Association (lata), concerned about risks for passengers and aircraft because of the Gulf crisis, said on Friday it was passing on warnings to member airlines but not to the public directly. "Our security experts have concluded that as
      Reuter  -  227 words
    • 356 44 AFP ASIAN governments were preparing on Sunday for possible military confrontation in the Gulf tightening security, cutting back flights and urging nationals to evacuate the region. The Chinese and Indonesian national airlines announced they were suspending flights to the Gulf from last Sunday,
      AFP  -  356 words
    • 124 44 UPI BRITISH AIRWAYS pic will end its 44-year-old service to the Republic of Ireland, as part of a schedule shake-up to increase competitiveness. Flights from London's Heathrow Airport to Dublin, Cork and Shannon, and from Birmingham, in central England, to Dublin will stop
      UPI  -  124 words
  • Page 27 Advertisements
    • 221 27 SWEE HENG KETAL CO PTE LTD 13. TUA3 AVE 14. SINGAPORE TELEX R3 3MMCH I TEL: 861 5855 (5 !*>••) TELEFAX: #61 s4l\ JK Fu* rang* ol UAMACBtIH* j If JI IJjW tarMta from 1 i;»r i i T ***** >anr Tarqu* ivCArour MALAYSIA jCommit* iiiailano, MMOU T\ a** LPG
      221 words
    • 51 27 Air forwarders lb (W FrogM Schedule 16 Container Schedule 1/ Courier Services ft Cruise Ferry Schedules 16 Darfy Frwghts 1' Indei to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Curie 10,11 Sltpsales/Tanker Rates 16 Shis m Port I' Singapore T«te U Transport Diary 2 Weather and Sea Conditions
      51 words

  • Page 28 Advertisements
    • 102 28 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words

  • Page 29 Advertisements
    • 1781 29 JAROINE SHIPPING AGENCIES %Vllf# 200 Cantonment Road #12 05 Southpomt. Singapore 0208 All If# Tel *****11 TELEX NO ***** vrrmw terminal cfs Tei *****1s 220 IT fAVn TW BOOKINGS Tel *****34 23S L VJUGf J PESAKA JAROINE SHIPPING AGENCIES SDN BHO PORT KELANG TEL *****18 TELEX MA***** MA3970! PENANG TEL
      1,781 words
    • 972 29 INDEX TjUDVERJSERS Pilie Col Pmge Col lAI M ABC Conlaineriinc 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 Ji Albatros Sea-Air 14 3 Maersk Line 3 4/5 #APL 5 3-5 MISC 14 1-3 APC Line 13 4 M'sia Shpg Corp 9 1/2 Arrow Lines 9 5
      972 words
    • 2011 29 ■Bimm NEXT SAILING TO HONG KONG AND JAPAN TREIN MAERSK V.9102 ETA SIN 19/1/91 Vms«l Voy ETA I ETO 'Port 'Penang DESTINATIONS Singapore Kelanq Tow u*fii 9102 b» 22/1 0000 MRS F«rco HBHIBIBBH HH CFS 21/1 ?359 MRS M T»uro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC
      2,011 words

  • Page 30 Advertisements
    • 1204 30 T ROTTERDAM/ VOV NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENAVON 98/508 22/1 8/2 I<V2 13/2 MONTE ROSA 11/50? 24/1 18/2 12/2 11/2 1//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 BAY 03/514 3/2 20/2 23/2 25/2 KATSURAGI
      1,204 words
    • 506 30 UHSilllß DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. I. BONTANU 21-2*/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 t (PERU) ANTONIO I L J BONTANG 21 ?8/1 1/3 2/3 5/3 6/3 7/3
      506 words
    • 1336 30 i sum® REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSLfVOY SIN ALG BCL HAM BRE ROT ANT FEL LHA 1 (VIA (VIA (VIA ALG) HAM) ROT) NORASIA MUBARAK 9046 3 21/01 26/01 10/02 15/02 16/02 17/02 18/02 19/02 21/02 NORASIA AL MANSOORAH 9047-3 28/01 16/02 17/02 21/02 22/02 23/02
      1,336 words

  • Page 31 Advertisements
    • 1635 31 Sjjg Steamers Maritime Holdings Ltd tWIW STRAITS SHIPPING WML rjj Singapore to Irani, East Malaysia, wPv Containers tejg d Vuy No P Klarj S'pwe S'ton H'but| B town Rdam leh ACCEPTS DUE SAILS KNAVUK *!,5M BAR 17,01 22/01 WO? 0"W» 11/0? CARGO MONIE ROSA 11 W BAR 17-01 24/01 I*o2
      1,635 words
    • 1450 31 SPORE MR RAO ROB BU SP ROM BHV MAM a* ANT UN CMOYANC PARK 011E I*l lift I*l 22/1 2tyl PANAMA SENATOR Wf i« »1 I*2 »2 21/2 22,2 23/2 242 HANiIN OAKLANO OUE 21/1 24fl 2VI 21/1 11/ l EUROPEAN SENATOR WFIO7 V 2 71/2 1/3 »1 3/3 M
      1,450 words
    • 50 31 WW SNIPPING PTL LTD. 20-09, Tong Eng »W O 101 C«cfl S» S port 0106. T«V *****12, *****13, 2243-436 JBWHi Trio: tS ***** Fo» *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA SUTRA 17/18 JAN KUCHING, SIBU HAMIDAH 22/23 JAN SIBU, KUCHING SENG LEONG 23/24 JAN P. KELANG TRANSBULK 19/20 JAN PENANG
      50 words
    • 375 31 maaußsm STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL TANJONG SEKI COSMIC PRIOK PINE PIONEER VOY NO S ZS 11 S'porc SM 26/1 24/1 j P Keljng Sid 2S/1 27/1 PWM| SM Y*n(on Monfti Chittifonf Calcutta 17/2 »n»n IV2 Ouka U/7 ■on unm 9mm i»— wit wmcromc awn
      375 words

  • Page 32 Advertisements
    • 707 32 nmn CR NBR **********0-0 EXPRESS SEMI-CQNTAINERSHIP SERVICE TO EUROPE VSL/VOY I S PORE ROAM/AOAM H BURG BROttN ANTWERP MATARAM3SWB 30/1 8/3 13/3 16/3 W TRIAS UNITY-OKWB «3 6/4 12/4 W 21 4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject lo Inducement Also accepting cargo to Casablanca. Port Said, Port Aleiandrla.
      707 words
    • 899 32 J4 ii.l I Vy HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK I RIM ANR HAM BRV FIL S22!H?O*MMB M* 21/1 m R °fcT LAN Wl jS I HANJIN SEATTLE 016W 20/1 7/2 1/2 9/2 9,2 11/2 12j2 r5 oa» mJf »1 M POHANC lObt U/2 20 2 I
      899 words
    • 153 32 n LIAN HUAT SHIPPING "V WFX CO., (PTE) LTD. 10 Anson Road. #14-19/20 International Plaza, Singapore 0207. FAX: *****94 Tels: *****11/*****22 Tlx: RS ***** AB LENHUAT DAILY RECEIVING CARGO AT MARINA WHARVES GDN MOl TEL *****19 AND P2 TEL *****97 TO INDONESIA VESSEL ETA ETO DESTINATION HONG SOON W\ 17/1
      153 words
    • 1416 32 I PKL SCP HKG KSG KIC PUS MKT OSK NGY SHU TVO LAX CHS BAL NYC LHV AN* RDM THP MBG PSO CMB PKL SCP E GENTLE RE 038 21/1 Mil Mil W W1 1/2 2/2 3/2 4/2 27/2 1/3 2/3 12/3 13/3 M/ 3 IV3 17/3 27/3 M W
      1,416 words

  • Page 33 Advertisements
    • 1357 33 EXPORT TOEUROPE UK (VIA SUEZ) NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****/7 (CR NO: **********0E) BOOK INGS' UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48". TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CPS K27 -IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K X P (0?) E
      1,357 words
    • 1062 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) IHMHABCIHG FROM EASTBOUHO LOADING FOR WESTBOUNO VESSELS VOYAGE SPORE MANILA HKONG VOYAGE SPORE PHLANG HBURG B'HAVtN TILBURY ROTT
      1,062 words

  • Page 34 Advertisements
    • 1439 34 /Q K LINE KAWASAKI KISEN KAISHA. I-I D. jj I EXPORT N. AMERICA-PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIHCjmjmWEST rr° s* 1 iflsavs, ras? as s?7//sasj-rre 1 rsr a. as "j "»H« !a [il HONS GATE EIRIDGC 13 23/1 24/1 2&1 EIRQOKLYN BRIOGE 3/ 17/2 20/2 21/2 2V2 J HENRY H
      1,439 words
    • 1173 34 PHILI-ORI€NT UN€S PT€ LTD i 106 ROBINSON ROAD #07 00 GMG BUILOING 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 ""hST 19 JAN MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 25
      1,173 words

  • Page 35 Advertisements
    • 1432 35 &UUVO) A UC9UOJ OOIIUOI J Aw 19V1 PACIFIC INTERNATIONAL LINES (PTE) LTD *****55? m Ik PIL Building, 140 Cecil Street #03-00, Singapore 0106. ilML'lj I JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIN clfrmnv 9102 fin 20H 24W1 EDEN 9103 18/1 20/1 24/1 ff «1- «?u \li\ 50/1
      1,432 words
    • 1078 35 f BEN LINE CONTAINERS LTD N 200 Cantonment Road 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 L'HAVRE Benavon -t- 98 508 22fi Via BAR 7/2 10/2 12/2 Monte Rosa
      1,078 words
    • 52 35 Vw iNational Carrier of Jordan) JORDAN FAR EAST LINE S.A.. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS Vessel/Voy SKAN KTAN SIN FOR Hodetdah. TBN JFOO9W 1/2 7/2 9/2 JEDOAH, AQABA LOAD FM E M'SIA,INDONESIAN PORTS SUBJECT TO INDUCEMENT. General Agents: BEN LINE AGENCIES (S) PTE LTD. *****22 Fax: *****63
      52 words
    • 349 35 ■11 Si Si If LCWIv" H k I mm. MYANMA |Bk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg j PAGAN VI66W U/20 Jan HP* AN VIS9W 22/24 Jan PINYA WIIJW 24/28 Jan Ngs THE BANK LINE (A service ot Andrew Weir Shipping) XT
      349 words



  • Page 38 Advertisements
    • 803 38 INTEGRATED CONTAINER SERVICE [from far east to north continent OUTBOUND SIN FIX BRV ROM ANT HBC SACHStN WMIO4 I6;l 11/2 10/2 13(2 U/2 9/2 PARIS SEN WFIO6 17/1 8/2 9/2 11/2 12/2 MECKLENBURG WMllto 25/1 23/2 22/2 25/2 24/2 20/2 PANAMA SEN WFIO6 30/1 21/2 22/2 24/2 25/2 EUROPEAN SEN
      803 words
    • 983 38 cental CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 10/01 20/01 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 4 25/01 SUSAN 19/01 4 26/01 BANGKOK 18/01 22/01 TOKYO
      983 words
    • 259 38 VESSEL SPO»( CBO DSN BAiftES MVIMO RIO STS VI! PAC4JA MOSTWEEN I Jl/J M 1 >!* *M «/S OPT MSil I DISCHARGING FM BRAZIL VESSEL STORE HUG MNI Ml TOK NCO KOI MOSTWEEN I vtisau vi ii/i it,) I*l »i Regular BBulk and Container Service Direct to Turkey, Red Sea/
      259 words
    • 1238 38 t¥¥?TiT? W CHINA OCEAN SHIPPING COMPANY I FULL container liner service #15-00, SINGAPORE 0207 CABLE COSTARLINE CR NO: **********0 M General Agents: COSTAR SHIPPING ni. Liu TO EUROPE FROM EUROPE VESSEL VOY SGP UK WOT HAM ANT DKK VESSEL/VOY FLX ROT HAM AWT DKK SCP XINC Ht,«* 19/01 IW2 IMB
      1,238 words

  • Page 39 Advertisements
    • 823 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI I)eslns 18/1, 25/1 j EUROPE all Forts 19/1, 26/1 BANGKOK 19/1, 26/1 HONGKONG/CHINA 18/1, 22/1 SYI), MEL, ADEL, BRIS 21/1, 28/1 FREMANTLE 18/1, 25/1 MANILA 18/1, 25/1 PKLG/PENANG 17/1, 26/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
      823 words
    • 253 39 RICHFIELD MARINE AGENCIES (S) PTE LTD eg TEL: *****33 (12 Lines) m FAX: *****15/*****03 fTI TELEX: RS ***** RISHIP (3 Lines) L I iO ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL" VESSEL IVOY ETA ILOAOING FOR SPORE ABBAY WONZ 2/WB S'o2 OARESSALAAM MOMBASA DJIBOUTI ASSAB
      253 words
    • 758 39 T. MASKAPAI PELAYARAN WPULAU LAUT j FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEOULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS f WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT
      758 words
    • 591 39 CR NO **********0E BANGKOK CEBU/MANILA J VESSEL VOY SINGAPORE BANGKOK VESSEL VOY S PORE CEBU MANILA NANTA BHUM 24N Wed 16/1 $3t 19/1 KITI BHUM Q3B 18/1 24/1 26/1 JENLINK 40N Thuf 17/1 Sun 20/1 SO STAR 04A 25/1 31/1 2/2 SIAM PAETRA#* 61N S<t 19/1 Tue 22/1 ITI BHUM
      591 words
    • 349 39 4 m WE HAVE GOT THE FASTEST I TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ellen hudig V 264 ETA 25/1/91 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN I |Vtl Hf» ftx Ham Ant Fos/tfar Liv S 1 E. HUDIG 15/12
      349 words

  • Page 40 Advertisements
    • 1261 40 a m MAC-NELS SINGAPORE j| mpout tel *****22 import til *****02 TEL (04 *****6 KK TEL (088) *****0 TAWAU TEL (089) *****9 KELANG TEL (03) *****77 KUCHING TEL (082) *****31 SKAN TEL (089) *****2 [zixy \_Z_J J BAHRU TEL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL (087) *****9 JAKARTA
      1,261 words
    • 414 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISEI) MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH PORT CHALMKRS ACCKPTING FCL U'L FOR AUCKLAND, NAPIF.K, WELLINGTON, BLUFF, CHRISTCHURCH, DUNKDIN. LYTTKLTON, INVKRCARGIL. FIJI AND TAHITI SIN N PIY AUCK LYT MANDAMA 0588 16 Jan J»n ViJ NPL Jan PREMIER 10S
      414 words
    • 956 40 /SP| THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT ETA BEST VESSEL TvQT ETA PEST KIM SOON LI 03/91E 21 JAN
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  • Page 41 Advertisements
    • 40 41 ULiJJL| A£J SINGAPORE to MALDIVES 1 M SM' IUI SINGAPORE to HUNGARY I g IHM l#I»i SINGAPORE to SPAIN M M :WM MM WMi SINGAPORE to SRI LANKA COMMENCED IST DECEMBER For enquiries CALL 322 7505 rrm rn*rrrrrmrr-'r~ r-rrrmrmrrr-n-u-rM^rmrnrntt-rtrftrmmmirrr--rrir Tr
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  • Page 43 Miscellaneous
    • 460 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 WOO 0900 *****100 *****300 1400 *****600 **********00 *****100 2200 2300 JR 2 3 22 19 16 14 13 14 16 20 2.5 29 30 29 2.5 2.0 1.5 1 1 08 06 06
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  • Page 44 Advertisements
    • 396 44 |chartpoint|| Every Saturday in Business Times PT. PELAYARAN. 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 I^^^TaSAT 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in
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    • 689 44 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HUG 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/} HYUNDAI INNOVATOR 38E 24/1 31/1 18/2 21/2
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    • 707 44 ICHARTPOINTI Every Saturday in Business Times NOTICE NOTICE M.V. Golden Arrow Voy. 31 Arrd Singapore 6.1.91 Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a general survey will be held on the 16th January 1991 (Wednesday) Keppel Wharves at K 30 0900 hours 1200 hours.
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