The Business Times, 22 January 1991
1991-01-22
1
44
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The Business Times
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Title Section10 1991-01-22 1 Business Times MCI (P) 16/12/90 Tuesday January 22 1991 75*10 words
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NEWS SUMMARY
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70 1991-01-22 1 SINGAPORE Senior Minister Lee Kuan Yew was scheduled to meet US President George Bush in a four-eye meeting at the White House family quarters early this moming (Singapore time), a CNN report said. Mr Lee and his wife arrived in Washington DC on70 words
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Article15 1991-01-22 1 THE EDB plans to train technicians for the chemicals industry Page 215 words
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Article38 1991-01-22 1 INDONESIAN President Suharto says his country's oil resources are fast depleting and has hinted that the government may raise domestic fuel prices in efforts to encourage saving and more efficient energy use Page 638 words
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Article31 1991-01-22 1 COMING as it did just as the Gulf war erupted, the two-day talks between Japan and the US on 'structural impediments' to trade seemed almost comically irrelevant. Page 631 words
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Article31 1991-01-22 1 THE HEAD of a Soviet parliamentary delegation to Latvia has warned that a coup in one of the 15 Soviet republics could have a domino effect Page 631 words
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Article36 1991-01-22 1 JAPANESE Foreign Minister Taro Nakayama left for Moscow yesterday with the Baltic crackdown and fear of chaos in the Soviet Union darkening hopes of political friendship and better economic ties Page 636 words
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Article17 1991-01-22 1 A LOOK at the award-winning driving forces behind McDonald's and The Hour Glass Page 917 words
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Article23 1991-01-22 1 LEADING Singapore property companies have been visiting Australia in recent weeks to assess the market for further investment Page 1123 words
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Article22 1991-01-22 1 THEATREWORKS has recreated harsh images of the Romanian revolution with Caryl Churchill's play in a cold, cold theatre Page 1522 words
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Article34 1991-01-22 1 MALAYSIAN logistics company Integrated-Mits has launched its ambitious plan to set up a comprehensive network of at least 10 ware-houses-cum-lorry terminals on both sides of the peninsula. Shipping Times Page 134 words
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MARKETS SUMMARY
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Article38 1991-01-22 1 WALL STREET opened lower yesterday, with the Dow Jones index of leading industrials down 20.30 points to 2,626.48 in early trading. Last Friday, the index of 30 blue chip stocks closed at 2,646.78, up 23.27 points.38 words
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Article39 1991-01-22 1 LONDON shares were lower at midday yesterday with investors sidelined by the uncertain outlook of the Middle East war. At about 1215 GMT, the Footsie 100-share index was down 13.3 points, or 0.6 per cent, at 2,089.4.39 words
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Article15 1991-01-22 1 LOCALLY-LISTED warrants have posted major gains in tandem with shares. Page 315 words
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Article22 1991-01-22 1 MALAYSIAN General Investment Corporation Berhad has entered into a joint venture agreement to develop Fraser's Hill Page 322 words
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Article28 1991-01-22 1 A GROUP of Japanese companies led by Mitsui and Co is considering two projects involving development ol China's food distribution and export potential Page 428 words
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Article13 1991-01-22 1 BANKS are to offer sevenday fixed deposits from Feb 1 PageS13 words
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Article, Illustration30 1991-01-22 1 Monday Change BT-MGA 590.50 -6 53 Kuala Lumpur ....480.29 -7.27 Hongkong 3,066.98 -5.19 Tokyo 23,352.19 -456.11 Sydney 1,271.3 +4.8 Friday Change New York 2,646.78 +23.27 London 2,102.7 -1.930 words
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Article19 1991-01-22 1 Exchange rates USS SSI.7385 Yen SS1.307I MS SSO .6392 Money market rates Overnight 4-1/4 +1/4 3-month 4-7/16% -1/1619 words
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Article34 1991-01-22 1 London Gold AM fix USS378.25 -US$1.75 RHMmt S'pore Feb 151.25*/kg -0.75 M'sia Feb 236.00*/kg -0.50 KL Tin Turnover 78 tonnes+20 Spot MS 15.09/kg -0.02 Cmd« palm oil 1,269 lots +212 Feb MS886/tonne -534 words
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722 1991-01-22 1 Scuds attack on Riyadh Troops mass for assault Agencies IRAQ fired up to lp Scud missiles at Saudi Arabia in its biggest counter-attack since war began five days ago and then said it was using captured pilots as human shields to deterAgencies - 722 words
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Article, Illustration335 1991-01-22 1 Genevieve Cua - By Genevieve Cua WITH the Gulf War far from being over and international financial markets likely to react in a volatile manner to sudden twists and turns of events, the outlook for Singapore's economic growth this year is still very uncertain. This note335 words
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277 1991-01-22 1 ASIAN stocks closed mixed yesterday as fears of a prolonged war in the Gulf dampened market sentiment. The Iraqi missile attack on the Saudi capital of Riyadh pushed share prices down and trading volumes were thin. The US dollar also277 words
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413 1991-01-22 1 John Tan - By John Tan THE GULF WAR appears to have caused many Singaporeans to cancel or postpone their trips abroad. So far, travel agents have reported cancellations of at least $10 million worth of business. Some agents have reported cancellations of between413 words
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306 1991-01-22 1 LOCAL HOTELIERS, faced with cancellations that are still coming in, have put planned increases of room rates on hold. Most hotels contacted by BT said that they would adopt "a wait-and-see attitude" before deciding on any price hike. Though the crisis started in306 words
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141 1991-01-22 1 Reuter THE Gulf War is taking a heavy toll on Japanese hotels, airlines and travel agents with a wave of cancellations from foreign business executives and Japanese tourists fearing terrorist attacks and hijacking. Immediately after war broke out last week, Hotel Okura, one of centralReuter - 141 words
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Page 1 Advertisements
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Advertisement233 1991-01-22 1 Nikon The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 World News 6 Commodities 24 Money Market 23 Cryptic Crossword 25 Regional Stock Markets 22 For market indices, editorial. Editorial 10 SES 17,18 advertising and circulation ex Financial News 5 Share Information 20 tensions, call Business limes233 words
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Advertisement28 1991-01-22 1 February quota premiums drop substantially, Pg 2 Quick allied victory may save Europe's economy, Pg 8 ECICS suspends credit insurance cover for exporters selling to Gulf, Back Pg28 words
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Advertisement94 1991-01-22 1 Nikon The World s Finest Photographic System. How to achieve the full potential of real estate? Talk to the JLW Specialist Teams. •RESIDENTIAL JONES LANG 'AUCTION •INDUSTRIAL Wt^jn 0N -COMMERCIAL INVESTMENT I ACHI ERS I RETAIL Jones Lang Wootton international Property Consultants Real Estate Agents Valuers Auctioneers Protect Property Managers94 words
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HOME NEWS
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NEWS ROUNDUP
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Article50 1991-01-22 2 1 HE Institute of Certified Public Accountants of Singapore (ICPAS) will recognise the Nanyang Technological Institute's MBA (Accountancy) degree for membership admission. IC PAS said it has received a number of enquiries on the matter following the announcement of NTl's new postgraduate programme last week.50 words
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Article105 1991-01-22 2 IN THE first reduction of pump prices since the outbreak of the Gulf War on Jan 17, Esso Singapore last night announced that prices for its 98-octane Esso Supreme and 91-octane Esso Extra have been reduced by 3 cents each to 116.5 cents per litre and105 words
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Article97 1991-01-22 2 THE Senior Minister of State (Defence), Dr Lee Boon Yang, will be visiting the Sembawang Air Base tomorrow as part of his familiarisation visits to SAF units since assuming his ministerial appointment in Mindef. During his visit, he will be briefed on the 12597 words
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186 1991-01-22 2 THE Zaobao Consultancy Award for Local Companies, now in its second year, is open for nominations. The award, introduced by the National Productivity Board and sponsored by the Lianhe Zaobao, aims to promote the wider usage of management consultancy among local companies in Singapore. Through186 words
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553 1991-01-22 2 Selva Kumar - Fall seen in all categories By Selva Kumar FEARS of higher petrol prices as a result of the Gulf crisis and a slowdown of the economy have sent the February quota premiums down in every category for the first time since the introduction of the553 words
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307 1991-01-22 2 THE property market may be heading for a period of consolidation rather than a downturn, unless the Gulf War drags on longer than expected. This observation was made yesterday by Dr Amos Koh, associate director of Knight Frank Cheong Hock Chye Baillieu's research department.307 words
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302 1991-01-22 2 FAR FROM becoming irrelevant, given Singapore's peaceful industrial climate, trade unions will play an increasingly important role in not only the political and economic but also social and cultural aspects of life here, Deputy Prime Minister Ong Teng Cheong has said.302 words
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258 1991-01-22 2 TWO SCHEMES to help contractors and developers keep tabs on the quality of work in the construction industry will soon be launched. The two, one each by the Construction Industry Development Board (CIDB) and the Real Estate Developers' Association of Singapore (Redas), were announced at258 words
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391 1991-01-22 2 Genevieve Cua - By Genevieve Cua THE Economic Development Board is setting up a training programme for technicians in the fast-growing chemicals industry. The Minister of State for Trade and Industry, Mah Bow Tan, said yesterday that planning for the programme is at an "advanced391 words
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Page 2 Advertisements
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Advertisement205 1991-01-22 2 A New Y ear, I A New Name For An Established I Orchard Ro A D L A ndm_A rK I «j| I < ««> < urorr (offer House < r floa I Jadr Loungr Onhard Pabrt IrMaimnl H ORG HA RD P A UAI) E_ HOT H L I205 words
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Advertisement93 1991-01-22 2 FREIGHT LINKS EXPRESS DISTRIPARK I a^|^Ml^BHH IHa>> wf 7IL I 1 r MODERN DISTRIPARK THAT INCORPORATES I TOTAL SERVICE r 3-Storey warehouse complex incorporating 5-level 1 I yt* offices with excellent container yard I n I Strategically located within the Jurong East -rz& is, >fK Business Park I r% Easy93 words
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COMPANY NEWS 1
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609 1991-01-22 3 S N Vasuki - By S N Vasuki LOCALLY-LISTED warrants, which have been lying in the doldrums for some time, saw renewed investor interest with the outbreak of war in the Persian Gulf. News of the Allied blitz on Iraqi positions had sent share prices soaring and609 words
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294 1991-01-22 3 William Chia - By William Chia SINGMARINE Industries, a subsidiary of Keppel Corporation, has entered into an agreement with Volvo East Asia to acquire a 70-per cent stake in Nedco Engineering for $1.7 million. In a statement yesterday, Singmarine said that Volvo will retain the294 words
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370 1991-01-22 3 Bernama MALAYSIAN General Investment Corporation Bhd has entered into a joint venture agreement to develop about 342 hectares of land at Fraser's Hill into a major hill resort at a cost of M 5318.5 million over a period of at least five years.Bernama - 370 words
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Article133 1991-01-22 3 Quak Hiang Whai - DBS CHARITY lIMMESIiHIINaMRiIaeEi By Quak Hiang Whai A COMPETITION where fund managers and dealers pit their money-making skills will be launched on March 20 to help raise fluids for the Community Chest of Singapore. DBS Bank will lend the initial investment funds for the133 words
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255 1991-01-22 3 Bernama SINGAPORE AIRLINES (SIA) will initially spend about Msl million to promote Sarawak and Sabah as its two new destinations, said SIA deputy chairman Lim Chin Beng. SIA last Saturday began its twice weekly every Saturday and Tuesday flights from Singapore to Kuching.Bernama - 255 words
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Article613 1991-01-22 3 MARKET TALK Reuter THE GULF WAR galvanised Singapore's sluggish share market last week but stock analysts say the initial euphoria is fading on fears of a prolonged war. The Straits Times Industrials Index rose five per cent last Thursday as the market pinned high hopes onReuter - 613 words
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Article347 1991-01-22 3 UNLIKE THE Great Investment Race sponsored by the Republic National Bank of New York in 1988 and 1989, the DBS Charity Investment Race promises to be more exciting as the initial stake is four times higher. DBS Bank will lend the invited participants Si million347 words
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COMPANY BRIEFS
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54 1991-01-22 3 US-BASED CONTROL Data Corporation has offered for sale its total holdings of 10.7 million shares of Seagate Technolog> to the public. Proceeds from the sale will be used as working capital. The offer is being managed by Salomon Brothers Inc. Seagate's common stock54 words
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Article40 1991-01-22 3 POSBank has bought 45,000 units of General Securities Investments for $56,757 and another 49,000 units for $61,307.08 on Jan 18, 1991. This raised POSBank's stake in GSI to 7.25 million shares or 13.18 per cent.40 words
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Article26 1991-01-22 3 HONG Fok Corp's Hongkong-incorporated subsidiary. Hong Fok Land Company, has changed its name to Cheung Kee Resources from Jan 15, 1991.26 words
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Article47 1991-01-22 3 SHAREHOLDERS of Cerebos Pacific have approved additional options under the company's Executive Share Option scheme for three executive directors James Skinner for up to 290,000 shares, Tham Chong Kong for up to 171,000 shares and Yasuro Taniyama for up to 165,000 shares.47 words
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Article108 1991-01-22 3 THE STRONG influx of Taiwanese investments to Malaysia has led to the link-up between the Tai Ping Insurance Co of Taiwan and Arab-Malaysian Eagle Assurance Bhd. The linkup would enable both companies to serv ice the needs of the Taiwanese investors in Malaysia, Arab-Malaysian Eagle108 words
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Article66 1991-01-22 3 THE JAPAN Securities Dealers Association said yesterday that it has decided to postpone a mission to South-east Asia to study local stock markets because of the Gulf war. Association officials said the mission was originally scheduled to visit Singapore, Malaysia, Thailand, Indonesia and Hongkong from January66 words
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Article51 1991-01-22 3 High Low bonus issue approved HIGHLANDS and Lowlands Bhd's one-for-one bonus issue of 302.17 million new ordinary shares of 50 sen each has been approved by the Capital Issues Committee and the listing of the new shares on the KLSE, Malaysian International Merchant Bankers Bhd said on behalf of the51 words
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Article47 1991-01-22 3 PERMODALAN Nasional Bhd said it has increased its equity interest in KFC Holdings (Malaysia) Bhd to 8.389 million shares following a series of acquisitions between Oct 19 and 31, 1990. PNB said the 36,000 additional shares were bought from the open market.47 words
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COMPANY BRIEFS
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104 1991-01-22 4 BRITAIN said it plans to privatise the British Technology Group (BTG), a government body whose function was to turn technological ideas into market-ready products and provide finance for new technology. A Department of Trade and Industry spokesman said there were several options for the104 words
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Article62 1991-01-22 4 APPLE Computer Inc's Claris Corp subsidiary said Claris President and Chief Executive Officer Bill Campbell is leaving the company effective January 21 to assume the same titles at privately-held GO Corp of Foster City, California. The company said Mr Campbell succeeds S Jerrod Kaplan, who62 words
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Article101 1991-01-22 4 THAI Olefins Ltd has been granted promotional privileges by the Board of Investment for its downstream chemical plant. The company was set up in January last year to supply chemicals to the Petroleum Authority of Thailand, which holds a 40 per cent stake of101 words
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Article78 1991-01-22 4 SIAM City Cement Co, one of the country's leading cement manufacturers, has sued a rubber trader in the Civil Court for infringing four of its trademarks. Siam City Cement alleged that Pakorn Ratnitisakul infringed upon its eagle, diamond, eagle atop a diamond and an encircled78 words
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Article79 1991-01-22 4 BURMAH Castrol pic said it owns or has acceptances for abolit 97 per cent of speciality chemicals group Foseco pic. Burmah's £359 million offer for Foseco became unconditional vk late December and Foseco advised its remaining shareholders to accept Burmah's offer. Burmah said formal notices have79 words
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196 1991-01-22 4 AP ONE OF South Korea's leading corporations has announced plans to invest US$63 million in a logging venture in north-western Guyana, officials said on Sunday. *$ungkyong Limited and the government of the South American republic have reached initial agreement, allowing the company toAP - 196 words
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473 1991-01-22 4 Reuter A GROUP of Japanese companies led by Mitsui and Co Ltd is considering two projects involving development of China's food distribution and export potential. One is the creation of food storage and transport facilities in north-eastern China and the other the establishment ofReuter - 473 words
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Article, Illustration356 1991-01-22 4 Reuter NEW TRADING rules took effect yesterday on the Jakarta stock market which brokers say should boost the languishing regular market. From yesterday block trading, the so-called big board, will be limited to a minimum 200,000 shares from the previous 10,000,Reuter - 356 words
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375 1991-01-22 4 NYT ALUMINIUM Co of America, stung by lower aluminium prices and US$275 million in reductions to after-tax income, last Friday reported a US$140.4-million loss for the fourth quarter. The company had net income of US$164.7 million, or US$1.88 a share, in theNYT - 375 words
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302 1991-01-22 4 PARTNERS are being sought for a US$lOO million port and manufacturing joint-ven-ture project in the Philippines. Hongkong newspaper The Sunday Morning Past reported that the Poro Point Export Zone Development Corp, which is a joint venture scheme with consultants Dames and Moore, aims to develop an302 words
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428 1991-01-22 4 NYT AMERICA'S largest coal company has pleaded guilty to criminal charges of tampering with mine safety tests and agreed to cooperate in a broad federal inquiry into safety fraud in US coal mines. The investigation began after the discovery in 1989 thatNYT - 428 words
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344 1991-01-22 4 HONGKONG company Wong's Kong King International (Holdings) is looking for US$45 million in bank funding to pay for the infrastructure of a Chilean forestry project. Hongkong's Sunday Morning Post reported that a presentation to Hongkong bankers and analysts is to be made344 words
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234 1991-01-22 4 Reuter GERMAN RETAILER Spar Handels-AG said it would fully acquire all the retail outlets in former East Germany that previously were connected to the group through 51 joint ventures. After approval by the Federal Cartel Office and the Treuhandanstalt, Spar will take overReuter - 234 words
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Page 3 Advertisements
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Advertisement98 1991-01-22 3 This announcement appears as a matter of record only ED BANK BUMI DAYA acting through its Cayman Islands Branch U5550,000,000 CREDIT FACILITY Arranger Lead Manager The Tokai Bank, Limited Managers The Chuo Trust and Banking Co., Ltd. DG BANK Deutsche Genossenschaftsbank Co-Managers The lyo Bank, Ltd. The Kiyo Bank, Ltd.98 words
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Page 4 Advertisements
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Advertisement103 1991-01-22 4 S. raßP' a jgjj Keep ahead I y v Hitachi Dealers' Communication System. ~r f I r ll ,n ,cx,ay s competitive financial environment j where seconds can mean ""{[JJJ5 nee Extensive mil v For the answer switch to the Hitachi Dealing challenges that the last and changing world ot103 words
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FINANCIAL NEWS
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450 1991-01-22 5 Diana Oon - By Diana Oon SINGAPORE banks will be able to offer fixed deposit rates for 7-day periods from Feb 1. [Current regulations of The Association of Banks in Singapore (ABS) restrict member banks from accepting fixed deposits from customers for periods of450 words
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308 1991-01-22 5 MBT A» TOTAL of 576,008 cheques among those sent to the Kuala Lumpur Automated- Clearing House last year were dishonoured, a 12.9 per cent rise compared with the 510,084 bounced cheques in 1989. The total value of these dishonoured cheques, M 52.04 billion,MBT - 308 words
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492 1991-01-22 5 NYT AMERICAN banks are turning to Wall Street brokerage houses with increased frequency to help them attract new depositors by selling the banks' federally insured certificates of deposit. At a time of weak earnings and growing problems with bad loans, the bankers haveNYT - 492 words
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311 1991-01-22 5 David Chew - By David Chew BANK BUMI Daya, Indonesia's third largest bank in terms of assets, has secured a US$5O million credit facility which would be repayable within five years. The facility was arranged by the Singapore branch of the Tokai Bank Ltd. A total311 words
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SMALL CHANGE
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Article52 1991-01-22 5 THE Bank of Bermuda announced the opening of a branch in Hongkong, replacing its existing deposit-taking company. The branch, operating as a restricted licence bank, will have a wider capital base and provide more diverse services in the unit trust and mutual fund industry, bank52 words
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Article67 1991-01-22 5 MIDLAND Bank said it plans to close some 120 branch offices with the loss of approximately 900 jobs. A Midland spokesman said the closures were part of a review of the bank's operations which chairman Sir Kit McMahon said last August would cost a total67 words
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Article71 1991-01-22 5 BANK of Boston, in response to rumours about its stock circulating in the market, reiterated that its loss for the fourth quarter will be less than its third quarter loss of US$255 million. "Nothing has changed since our Dec 10 dividend announcement. (Our) loss for the71 words
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Page 5 Advertisements
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Advertisement161 1991-01-22 5 JI 1 t ix^n 10 ways the Dale Carnegie Course® helps men and women: Poise and Confidence Public Speaking Human Relatione Insight People Management Skills Effective Communications Motivational Skills The Courage to Think, Decide ana Act Sell youreelf and Your >- tdeaa Develop Your Hidden Abilities Win a Better Job,161 words
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Advertisement109 1991-01-22 5 m 11 r W1 laii w4ls ---JIM iii w ~Av* y IvriM r SZv J| W a»^ii BBS :>Rp /iVJ-Ks 1 j-.M '-ft* r "V Bel- jf jfl Hw^' i i mv^^^K£a^%7T.• >.. i" i i I ™'>J• v i BK'-'" i u Kflr R x j/ 1 im n_109 words
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THE WORLD
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WORLD WATCH
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105 1991-01-22 6 GERMAN CHANCELLOR Helmut Kohl's Christian Democrats (CDU) lost power in last Sunday's Hesse state elections, seen as a barometer of anti-war feeling in the country. Provisional official results gave the Social Democrats (SFD) 40.8 per cent of the vote in the traditionally leftist state,105 words
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Article106 1991-01-22 6 A HIGH-LEVEL Chinese trade and economic delegation is leaving Beijing today for Italy, Germany and France to explore cooperation in the oil, steel, car-making and electronic industries. The China Daily reported yesterday that the 15-member delegation was the largest to visit the European Community since106 words
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Article91 1991-01-22 6 INDIAN COMMERCE MINISTER Subramaniam Swamy will pay a five-day visit to China next month to sign an annual trade protocol and discuss the possibility of importing Chinese crude oil. He told the Press Trust of India (PTI) that he would discuss with Chinese officials ways91 words
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Article61 1991-01-22 6 WHILE international arms dealers may get a boost from the Gulf war, the Australian arms industry is shrinking. Australian Defence Industries Ltd, the country's largest arms manufacturer, is closing three factories and sacking 1,000 workers. Spokesman Leigh Funston said in Sydney yesterday that the cutbacks61 words
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Article96 1991-01-22 6 PHILIPPINE PRESIDENT Corazon Aquino is "very positive" about Malaysia's proposal to form an East Asia trading bloc, Malaysian Trade Minister Seri Rafidah Aziz said in Manila yesterday. Speaking after calling on Mrs Aquino, she said that the forging of stronger economic ties in the region96 words
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Article223 1991-01-22 6 Bernama THE Johor government will form a think tank this year to obtain views on the socioeconomic plans for the state's future. Mcntri Bcsar Tan Sri Haji Muhyiddin Yassin said yesterday that the think tank would also look into the various aspects affecting JohorBernama - 223 words
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Article, Illustration395 1991-01-22 6 Fast-depleting resources necessitate adjustments AFP PRESIDENT SUHARTO yesterday said Indonesia's oil resources were fast depleting and hinted the government might raise domestic fuel prices in efforts to encourage saving and more efficient energy use. "From time to time, energy prices should be adjusted"AFP - 395 words
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318 1991-01-22 6 Reuter THE INTERNATIONAL Monetary Fund's approval of a US$l.79 billion loan is expected to help restore India's credit-worthiness and rescue its deteriorating balancc-of-paymcnts position. India's foreign exchange reserves had dwindled to just over US$l billion by Jan 4 enough to finance only twoReuter - 318 words
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Article, Illustration298 1991-01-22 6 Reuter THE HEAD of a Soviet parliamentary delegation to Latvia has warned that a coup in one of the 15 Soviet republics could have a domino effect. "Our country is still a single entity a coup in one republic could leadReuter - 298 words
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619 1991-01-22 6 IHT COMING as it did just as the Gulf war erupted, the two-day negotiations between Japan and the United States on "structural impediments" to trade seemed almost comically irrelevant. But after the negotiations ended last Friday, US officials said that while theyIHT - 619 words
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499 1991-01-22 6 Reuter JAPANESE Foreign Minister Taro Nakayama left Tokyo for Moscow yesterday with the Baltic crackdown and fear of chaos in the Soviet Union darkening hopes of political friendship and better economic tics. Mr Nakayama is due to meet President Mikhail GorbachevReuter - 499 words
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Page 6 Advertisements
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Advertisement381 1991-01-22 6 H 4 It 5 March Holiday Inn Parkview. Singapore H H 6 ft 7 March Ming Court Hotel. Kuala Lumpur H The coming decade presents fundamental Presenting a panel ot 9 of the industry's experts H challenges to the general insurance industry and specialists in Singapore, Malaysia and the Asia-Pacific381 words
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Page 7 Advertisements
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Advertisement178 1991-01-22 7 r m I j The Quay Development Of The Nineties I t t ■>«»» m- < i InirtMU an ES JHH I HHl^ihiiih HH i ji A n v kwi r l2| Scheduled for completion in October Kowa Real Estate, one of lapans major deve- agents for this landmark development.178 words
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FOCUS 1
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Article, Illustration672 1991-01-22 8 The Gulf War How exactly will a long-drawn war affect the world's financial markets? Will oil prices ever be the same again? What about the US budget deficit and American bonds? This page provides some answers NYT SOME financial analysts are beginningNYT - 672 words
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438 1991-01-22 8 IHT SAUDI ARABIA is expected to emerge from the Gulf war in firm control of the Organisation of Petroleum Exporting Countries, according to energy analysts, and it is likely to use its clout to keep oil prices low. Unless there is a dramaticIHT - 438 words
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268 1991-01-22 8 AFP THE ORGANISATION of Petroleum Exporting Countries (Opec) saw its oil income jump 42 per cent last year, largely because of the Gulf crisis, says the Parisbased industry publication Petrostrategies. Saudi Arabia was the big winner, although most of its gains would goAFP - 268 words
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588 1991-01-22 8 IHT EUROPE'S economy caught cold when oil prices jumped following Iraq's invasion of Kuwait last August, but a quick allied victory in the Gulf war could keep Europe's economic condition from growing serious. However, if the war lasts far longer and oil pricesIHT - 588 words
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Article, Illustration608 1991-01-22 8 Reuter THE FINANCE leaders of the world's richest nations appear set to close ranks this week to try to convince nervous investors that the world economy can weather a war in the Gulf relatively unscathed. "We want to let marketsReuter - 608 words
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Article, Illustration1311 1991-01-22 9 Schutz Lee; Suzanne Soh - McDonald's managing director Robert Kwan, winner ot the Most Outstanding Manager award, tells Schutz Lee about his management strategy while The Hour Glass managing director Jannie Tay reveals to Suzanne Soh the secret behind the success of her time-piece chain, which won the Enterprise of1,311 words
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Article, Illustration1054 1991-01-22 9 A FIRM maternal hand not only rocks the cradle but can also guide budding businesses through corporate waters to further horizons. Sesdaq-listed The Hour Glass, which won the Enterprise of the Year 1990 < award last Friday, is an outstanding1,054 words
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Advertisement95 1991-01-22 8 F@E3 SAtLB/lf© [LIiTT I I I "Winn I f??"" I niinn IDEAL INVESTMENT FOR HOUSING HEADQUARTERS Of MEDIUM SIZE CORPORATION IN KUALA LUMPUR Located at one of the busiest shopping business district dosed to Kuala Lumpur High Court Merrleka Square City Hall. Comple> Tun Ra/ak and Central Financial area District95 words
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Page 9 Advertisements
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Advertisement89 1991-01-22 9 Seafood Theatre Restaurant Cantonese-Thai Cuisine MAKE 'no bones qfe ABOUT IT. OUR SET MENUS ARE VALUE-FOR-MONEY. .-V J 7 />. JJr "V-V' a k V- 1 vk v r A rare treat indeed! Exotic Cantonese-Thai cuisine served to you at the most affordable prices. In a variety of set menus89 words
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Article470 1991-01-22 10 EDITORIAL FEAR often leads to irrational behaviour. It was fear of possible shortages and price hikes that led Singaporeans to hoard rice and other essential food items just before the outbreak of war in the Gulf. Notwithstanding the fact that most of the rice consumed470 words
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WHAT THE OTHERS SAY
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Article218 1991-01-22 10 A RARE example of a communist honest enough to accept that the world has changed him is Mr Eu Chooi Yip, who masterminded the communist role in the anti-colonial struggle in Singapore. Since 1967, he has lived in China, where he gradually grew disillusioned with his life-long218 words
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Article136 1991-01-22 10 THE course on the Psychology of Communication, specially organised for the Muslim Voluntary Aftercare Officers (VAOs), is an important step forward in efforts to upgrade the skills of the VAOs to enable them to play their role more effectively especially in view of the seriousness of the136 words
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Article157 1991-01-22 10 THIS being the first time that Israel is hit by missiles from an Arabian country, it should be commended for attaching importance to the alliance and deciding against retaliation. If the war should result in Saddam Hussein being overthrown and a new government set up in Iraq,157 words
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REGIONAL VIEWPOINTS
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Article140 1991-01-22 10 LONG AFTER the war is done, its legacies of Israel torn between its yearning for recognition from Arab states and its need for living space to accommodate its growing population of Russian immigrants and of Iraq striving to fit into a conservative Gulf region will remain. While140 words
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Article186 1991-01-22 10 IRAQ HAS carried out its threat of taking the war to Israel by lobbing missiles in its direction. It obviously hopes a military response from Israel will drive a wedge in the coalition of forces arrayed against it, particularly among Muslim nations who may be persuaded to186 words
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Article169 1991-01-22 10 THE SIGNIFICANT number of unauthorised billboards spread all over Jakarta seems to be a perennial problem for the city administration. The chief of the city revenue agency has announced that the Coordinating Team-for Arrangement and Installation of Billboards (TKP3R) would dismantle about 8,000 unauthorised billboards. The periodic169 words
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Article, Illustration1195 1991-01-22 10 Robert Graham - President Carlos Salinas de Gortari differs from his predecessors. His economic reforms have been successful. But Mexico still has to broaden its democratic base and tackle wealth disparities, says Robert Graham Robert Graham FT PRESIDENT Carlos Salinas de Gortari of Mexico worries about hisFT - 1,195 words
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Page 10 Advertisements
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Advertisement66 1991-01-22 10 'TCu&la ufutceinAet retail a*ct dc&ftlaxf cet&te. I j at No 1. Joian Sultan Ismail -m.i' •■viv y »4T //z mtmja w XW^~yf/ rri /v ~__7m this location, should there be anything else? If you feel you are a business leader, there may still be a unit for you at ARCADIA66 words
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Page 10 Miscellaneous
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Miscellaneous69 1991-01-22 10 DOONESBURY BY GARRY TRUDEAU vr** r*j jhf T&OJSE ME?\ CANP SOIMKMP 50 NOUJ I'M AT A CUJ3 FUUROLANP.BUT BE,PETER,IF H3T OF SPOILED SAUQt YUPPIES, I SE£ TWO LOUSY WE THOUGHT FOP THE ARMY'S INSTEAP Of WITH OOP TROOPS mi,CAPRI PUSHUPS' J VMW yOUU&ZAT OUTM6UUSPPX ON THE FRONT LINES, WHERE ON'69 words
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ANALYSIS
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776 1991-01-22 11 Kathy Gannon - The power of Pakistan's feudal landlords is slipping, reports Kathy Gannon Kathy Gannon AP PAKISTAN'S Prime Minister Nawaz Sharif is the hope of a rising middle class eager to overcome powerful feudal landlords and narrow the huge gap between rich and poor. TheAP - 776 words
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Article, Illustration1390 1991-01-22 11 Florence Chong - There appears to be a new wave of investment inflows from Singapore into Australian property. In recent weeks, leading property companies have visited Australia to assess the market. Already many private investors, working through local intermediaries, are planning to spend hundreds of millions in1,390 words
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536 1991-01-22 11 Inland regions are struggling to keep pace with coastal development AP CHINA'S eastern provinces sent men and machines to open new farms and mines in the remote north-west-ern region of Yinchuan 30 years ago. but have sent little since and the east-west developmentAP - 536 words
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Page 11 Advertisements
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Advertisement22 1991-01-22 11 Next to the Japanese, Singaporeans are the largest Asian investors in Australia. A good proportion of their investment is in real estate.22 words
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Advertisement105 1991-01-22 11 The Bic Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce105 words
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INNOVATION & TECHNOLOGY
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Article, Illustration482 1991-01-22 12 Kenneth James - Kenneth James meets a new CEO bent on rejuvenating his company Kenneth James ASHTON-Tate's new CEO William Lyons breezed into town last week and talked confidently of the resurgence of the battered, bloodied, but still dominant, software company. After several quarters of losses and shrinking482 words
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539 1991-01-22 12 Kenneth James - IT MATTERS By Kenneth James A MOUNTAIN approached from different directions can look quite different. But it's the same mountain; and if different mountaineers seek to give a complete picture of it, and not just what its east or west face looks539 words
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Article, Illustration498 1991-01-22 12 NYT IF the Pentagon's claims of success in the Persian Gulf war bear up, a hero of the conflict will be the übiquitous computer chip, no larger than a fingernail and usually made of silicon, which processes reams of information in an instant forNYT - 498 words
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Page 12 Advertisements
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Advertisement137 1991-01-22 12 If Sustaining The Changing Needs of Your Customers Is Affecting Your Profitability, It's Time To Think... [o*^ ID Ed wards 9 SOFTWARE THAT ENDURES It may be the right business solution for you. J.D. I'd wards And Company, USA is an international provider of software mMF |.D. Kd wards offers137 words
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Advertisement242 1991-01-22 12 I Construction 91 EXHIBmON ON QUALITY HOMES OFFICES AN IMPORTANT INVESTMENT DECISION" 21-24 JANUARY 1991 HYATT REGENCY SINGAPORE 10.00AM 8.00PM ADMISSION IS FREE 'A PROPERTY SHOWCASE'-the first ever organised in Singapore! See the full range of the latest quality homes and offices developed in Singapore. This is your opportunity to242 words
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Page 13 Advertisements
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Advertisement211 1991-01-22 13 We've I made shipping to the United States six times easier. Introducing The Federal Express Frequent Flyer. From SINGAPORE to The US. six times a week. Two business day service. Six times a week. Week in. Week out. To keep track of your shipment;we developed COSMOS andHAC. A Federal Express211 words
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Page 14 Advertisements
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Advertisement262 1991-01-22 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Didn't 1 see you at Scandals? ■t tk I -flp Kvery Thursday: Indies Night. Kvcry Night: The place to sec and be sccii. Scandal*, Singapore's most sophisticated club and meeting place. Kor details on262 words
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Advertisement235 1991-01-22 14 a sr\rkung TONIGOTAHM SCGTR RtHD With its spectacular glass (rontagc. the an»ip> Bar Its the ideal place to sec the stars It's ,ih< newest ami most exclusive rende/vtius I "he anopy Bar. upstairs at the Hyatt Delightful Dian Xin Knjoy the best from our a la carte menu prepared by235 words
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Advertisement263 1991-01-22 14 "Honey, they're playing our song." R° mance blooms again at Club 5. Even' night after r^B9 pm. The perfect place to relive the great times T Club.^ qOO D u Plaza Hotel Br«iiih«dSMiNparro7raw naoon El Feast on our Chefs Speciality Fish Head Curry at only $17.50++ (LTP y (for 2263 words
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Advertisement260 1991-01-22 14 Chefs Carve: $20.00" succulent recast on the wagon carved your choice. With complimentary soup yv of the day mixed green salad. fJ^ESBSSI Buffet Lunch Fashion Show: 514.50** I Epjoy a delicious spread of Western i^k H Local dishes amidst an exciting fashion \jf show featuring casual outfits and jf j260 words
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Page 14 Miscellaneous
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Miscellaneous646 1991-01-22 14 TELEVISION AND RADIO WrM-non in command I I S iSr/Tr*,.. business on rad.o WOman 111 commana aarss- T J scr?*™.*-.. 8.00 TM BUM ROVOMOOU IK3- R Ma|c Mc croscxua Daylight. v. w sura of Neptune (Sec Our Dance Hall 5.30 The Adventures of Gulliver. 5.30pm, 3.25 am: Financial News MEHjEMaSH646 words
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LIFESTYLE
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Article, Illustration929 1991-01-22 15 Claire Leow - Claire Leow reviews a powerful enactment of the Romanian Revolution in Theatre Works' Mad Forest Claire Leow Remember Timosoara. I kept saying this to myself the night I watched Mad Forest, a play about the Romanian revolution of December 1989, staged by Theatre Works. I929 words
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Article, Illustration635 1991-01-22 15 CHATTERBOX AMERICAN comedian George Burns, who turned 95 on Sunday, assured an audience of his peers that he planned to stick around in show business "until I'm the only one left". After a 45-minute routine of vaudeville songs, jokes and a little soft shoe635 words
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914 1991-01-22 15 An experimental park in the Amazon is helping animals rescued from illegal trade to re-adapt to the rain forest AP A CRACKDOWN on the lucrative illegal trade in jungle animals from the Amazon has created a new problem: what to do with thoseAP - 914 words
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Page 15 Advertisements
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Advertisement260 1991-01-22 15 AND ENTERTAIN Set Your Heart On Our Set Meals. i^^Ul-wR' iln< n Y W 2 JCPM jS"We reR l Rl ,N DINNFR t> JOPM O- P > 1 j£\ 10 ICI'M tlo SC- PVRPtKSDN The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals.260 words
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SPORTS
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SIDE LINES
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86 1991-01-22 16 ORGANISERS of the World Alpine Skiing Championships said on Sunday that no team had withdrawn from the event and a US ski team official said the Americans were still undecided about participating in the tournament, which starts today in Austria. US men's and women's86 words
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Article103 1991-01-22 16 AUSTRALIA'S Kerry Saxby walked her way into world sporting history on Sunday when she smashed the world record for the 1500-metre walk in Sydney, taking her world record tally to a record 29. This equalled the record of Finnish distance runner Paavo Nurmi as the most103 words
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Article91 1991-01-22 16 COUNTRIES due to play Davis Cup ties in February could be given the option of postponing the matches for nearly two months because of safety concerns arising from the Gulf War. Brian Tobin, executive vice-president of the International Tennis Federation (ITF), said yesterday that the ITF would91 words
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Article47 1991-01-22 16 TORONTO has been awarded the 1993 World Indoor Athletics Championships, ahead of the US city of Atlanta, already chosen to host the 1996 Olympics. The International Amateur Athletic Federation announced the Canadian victory after a two-day meeting in San Sebastian, Spain, on Sunday.47 words
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Article95 1991-01-22 16 CAREY NELSON of Canada won Sunday's Houston-Tenne-co Marathon and Veronique Marot, a French woman living in Britain, captured the women's division to become the event's first three-time winner. Nelson won in 2 hours, 12 minutes, 28 seconds, more than two minutes off the course record, but good95 words
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Article103 1991-01-22 16 HULL, in the sole charge of former Australian Test prop Noel Cleal for the first time, celebrated by opening up a four-point lead at the top of the British Rugby League First Division on Sunday. It crushed Bradford 34-6 at the Boulevard to make second-placed Widnes pay103 words
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Article103 1991-01-22 16 CENTURIES by Robin Smith and John Morris and a strong bowling performance moved England into a commanding position over Queensland state yesterday in their four-day cricket match. England was all out at tea for 430 and led Queensland by 144 runs after the first innings, but103 words
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Article, Illustration858 1991-01-22 16 Australian Open AP STEFAN EDBERG eluded a mugging by young Jim Courier, a tennis battler with some of the hardest strokes in the game, and Little Mac took over for Big Mac at the Australian Open yesterday. Ed berg's No I ranking and hopes for aAP - 858 words
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Article, Illustration431 1991-01-22 16 Agencies LANNY WADKINS. trailing by six strokes entering the final round, fired a 7-under par 65 on Sunday to win the US$ I. I million Hawaiian Open by four strokes over John Cook. Wadkins finished the tournament at 18-under 270. earning theAgencies - 431 words
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279 1991-01-22 16 Reuter THE Buffalo Bills slaughtered the Los Angeles Raiders and the New York Giants squeezed by the San Francisco 49ers on Sunday to set up a Giants-Bills confrontation in the Super Bowl this week. The Giants, winners of the Super Bowl in 1986,Reuter - 279 words
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Page 16 Advertisements
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Advertisement260 1991-01-22 16 NOTICES f NOTICE > NOTICE IS HEREBY GIVEN that, I Koh Mui Cheng of No. 39-A, Goodman Road, Singapore 1543, have applied for a First Class Public House licence in respect of premises at M/s Marina Village International Pte Ltd at 60/62/64 Tanjong Pagar Road, Singapore 0207, and that this260 words
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Advertisement345 1991-01-22 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO IN THE MATTER OF UNG NAM INDUSTRIAL CO PTE. LTD. (In Mimbiii' VohiitMY Liquidation) At an Extraordinary General Meeting ol the abovenamed company duly convened and held at 101-A Upper Croat Street. *11-22 People's Park Centre, Singapore 0105 on Monday,345 words
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Advertisement358 1991-01-22 16 IN THE MATTER OF THE COMPANIES ACT. AND IN THE MATTER OF ATL (88) PTE LTD (Incorporated in the Republic of Singapore) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the members of ATL (88) PTE LTD duly convened and held at 7500 A Beach Road #07-322 The358 words
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Advertisement357 1991-01-22 16 IN THE MATTER OF THE COMPANIES ACT, AND IN THE MATTER OF SYNCHEM PTE LTD (Incorporated in the Republic of Singapore) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the members of SYNCHEM PTE LTD duly convened and held at 7500 A Beach Road #07-322 The Plaza Singapore357 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4457 1991-01-22 17 William Chia - By William Chia SHARE PRICES on the Singapore stock market continued to drift lower on uncertainty over the Gulf situation and political unrest in the Soviet Union. Initial euphoria following the massive air-strikes in Iraq and Kuwait by Allied forces last week4,457 words
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Article3633 1991-01-22 18 Main Board Metakxk 25* 280 50 21.7% SIM I Foreign 995 t- 25 f 2.6% Jurung Ship 50* 620 20 3.3% Scmb Ship Wt 161 H7 t-11.8% Scmb Shipyard 56() HO H.8% Ssangyong 50* 219 8 3.8% Scmb Maritime 388 f6 *-1.6% SI'H 770 *53,633 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration859 1991-01-22 19 Bernama SHARE PRICES in Kuala Lumpur ended broadly lower yesterday on profit-taking prompted by heavy losses on the Tokyo market amidst a growing belief that the Gulf war will be protracted. In cautious trading, the KLSE Composite Index fell 7.27 points, or 1.49 per cent,Bernama - 859 words
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Article2931 1991-01-22 19 1991 Last Vol Day Net Cap High I<ow Company Sate "000 High l>ow P/F. Smil INDUSTRIALS 1 188 170 AISB 50* 179 183.6 342 316 ASM 50« 328 -2 57 328 322 29.3 1346.4 296 280 Acidchem 287 -I II 287 287 123.4 255 250 Ajinomoto 252 Hi 119 1052,931 words
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Page 19 Advertisements
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Advertisement266 1991-01-22 19 No Business like Oil Business ing market seems to be a gushing well ot wealth tor the people in the business. And business has never been better, what with the Gulf turmoil fanning 6 "Ji both physical and futures trade. Already, the I J Republic is beginning to overshadow Japan266 words
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BT SHARE INFORMATION SERVICE
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Article282 1991-01-22 20 Company Data Yaar Group Nat Nat aaraings Crass aaa ta profit/lass (L) par shara dhridand (*000) (cants) C&C Ian 14 S«p 90 30 8(23 5a) 15(8 ba) f&N Ian 14 Sep $53,080(162.868) 30 1(365) 179(1/9) H Ms,3 Ian 14 Sep 90 $1,886(1402) 11 4(24 20(5) Times Pub lan282 words
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Article133 1991-01-22 20 riminj Oat* Yaar Group pra tax Nat aarniags 6mt am to profit/lost (L) par shara divMaad ('000) (caata) H Leong Credit Jan 8 Jun 90 M$35.181(»»$25.440) 21 8(16 4) 10(10) Leong Huat Jan 2 Dec 89 S182UJ356L) Pacific Can Oec 28 Sep 90 $1.387l(J562h) -(0.7) Van der Horst133 words
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Article293 1991-01-22 20 Cmmmv Date Half-yaar Group prt-tox l«t#rt» aim to pwHt/toM (L) ('000) Sateras Dec 31 Sep 90 MJ462L ($369L) tsetan Dec 28 Sep 90 $10.458(-) -(10) MCB Htdgs Dec 27 Sep 90 M$1.333($1.319l) -(2.5) Pegi Msia Dec 27 Sep 90 M$3.590($294l) Alex Htdgs Dec 26 Sep 90 $1,4461 ($257)293 words
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Article1172 1991-01-22 20 Jan 19 Bank Bumiputra Malaysia Bkd shares will be sold to the public and the bank listed on the Kuala Lumpur Stock Exchange in two to three years' time II Hon( Leong Corporation and BM Singapore have formed a new |oint venture. tional Applications Solutions (lAS), on lan1,172 words
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Article367 1991-01-22 20 CwTMt Ex Mto Mi TM tar UMtar peyewrt Mi dm mill ttm ymr MyMr IBB 10% (b) Jan ton 18 Jan 28 10% 12% MR NYA Dec 14 ton 3 Feb 15 NYA 28% Mi hdk 23.2% ton 4 ton 16 ton 23 38 6% 35 5% Mm367 words
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Article638 1991-01-22 20 Singapore Stocks LartFrfYaar I Campany tatotf Dalt T«r ta* W ,1,1,1111 if nk| (caato) pnM tut ye* CM Mm Wenm No* 13 Dec 90 29 7 13 2 11.616(e) BMT Intenm Jan 10 tun 91 2542 1500 773 KIm Gm Intenm tan 12 Apr 91 0 530L CSkvNh638 words
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Article112 1991-01-22 20 Company Right* Ham l c—»mil bw Three-torfour w J060 per share Ex-date Dec 10 Boohs dose Dec 20 Acceptance t Payment Feb 1 CNA Five-tor tour A MM 00 per share Ex-date Nov 23 Books dose Dec 7 Acceptance t Payment ton 22 M Moua One-tor-one MJ150 per112 words
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Article672 1991-01-22 20 BONDS, LOANS WARRANTS CiC HI Mr 26/4/93 1 warrant phis $3 09 cash Causeway loan Causeway HI 2/10/89 to 20/10/94 1 warrant phis JO 77 cash or 1 warrant ptas SO. 77 nominal amount ot loan stock daunt**** Own H* HI March 87 to 31/12/91 155 warrants phis >1.55 aati672 words
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Article194 1991-01-22 20 RECORD HIGHS LOWS BT im<.« ST hdwWil* Iwk* BT composite inaex *****0 i 8/ i/9i) 1991 htfc *****9 (18/1/91) 1M1 1149 08 (16/1/91) 1991 tor 1022.52 (16/1/91) 1MW( 1607 12 (27/3/90) 1990 M0e 1435 43 (16/7/90) 1990 tow- *****0 (11/10/90) 1990 to: 981 07 (09/11/90) i«m Mc 1487 76 26/12/89)194 words
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Article327 1991-01-22 20 a fit iii a Company Mglrts mw Meant' One-tor two g MSI 00 per share Issue of 40m Currxiative Redeemable Preference Shares of MSO10 each at >81 per share wth 10m detachable TS« Man One-tor-tour W2 00 per share f ACS Caprtal Reduction Scheme to reduce par value327 words
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Article197 1991-01-22 20 Asa Pacific Breweries Ltd: 57th AGM at 475 River Valley Road. Singapore 1024 on Tuesday, Jan 22, at 11am Berjaya Corporation (M) Bhd: EGM at the Banquet Room, Kelab Darul Ehsan,Tainan Tun Abdul Razak, Jalan Ker|a Air Lama, ***** Ampang )aya Seiangor Darul Ehsan on Wednesday, Jan 23,197 words
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Page 20 Advertisements
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Advertisement155 1991-01-22 20 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 growth.155 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2231 1991-01-22 21 Reuter TOKYO stocks dosed lower in the lightest trading since the outbreak of war in the Gulf. Brokers said a growing belief the war may last longer than originally expected held most investors to the sidelines with modest buying by dealersReuter - 2,231 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2018 1991-01-22 21 Reuter HONGKONG stocks ended easier yesterday but late bargain-hunting boosted share prices from morning lows. The blue-chip Hang Seng index, down some 25 points to a low of about 3,047 at mid-morn-ing, retraced most of its losses to end 5.19 points lower atReuter - 2,018 words
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Page 21 Advertisements
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Advertisement26 1991-01-22 21 I Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate THINK! Before you make your move, read EXECUTIVE APPOINTMENTS Business Times26 words
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REGIONAL STOCK MARKETS
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Offshore interest boosts Aussie stocks
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Article926 1991-01-22 22 INVESTORS returned to the Australian Share market, lifting it to a firmer close despite a growing belief the Gulf War will be protracted. Brokers said the market was pulled from negative territory on renewed local and offshore interest. "The market is still quiet and apprehensive but people who were926 words
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Article658 1991-01-22 22 HEAVY profit-taking and weak prices in Tokyo sent Thai stocks plunging across the board in active trading, brokers said. The SET Index fell 26.90 points, or 4.1 per cent, to close at 631.58 after the indicator gained 76 points in the two previous sessions. Siam Cement was unchanged at658 words
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Article364 1991-01-22 22 TAIWAN share prices finished higher for the fourth straight day on late buying by investors who were encouraged by the course of the Gulf war, but more profit-taking is likely in the near term, dealers said. The weighted index gained 173.72 points, or 4.4 per cent, to close at364 words
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Article499 1991-01-22 22 PROFIT-TAKING and fears that the Gulf war would last longer than the US had anticipated drove share prices down in cautious trade yesterday. The Manila Stock Exchange composite index was 15.02 points lower at 650.77 after rising by a combined 10.5 per cent since the Gulf war erupted on499 words
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Article803 1991-01-22 22 SEOUL'S stock market nosedived across the board on heavy selling by pessimistic investors who worried over a pro- traded war in the Gulf, brokers said. The composite index closed at 639.91, shedding 23.19 points from Saturday's half-day trade. Turnover was thin at 147.9 billion won against 206.6 billion on803 words
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Article58 1991-01-22 22 A HOLIDAY in Wellington made for a quieter-than-usual start to the week, with leading stocks drifting lower as last week's buying support dried up. The Barclays index estimate closed 16.24 points down at 1,214.92 on turnover of 2.82 million shares (worth NZ$3.O9 million). Fletcher Challenge fell four cents58 words
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Article66 1991-01-22 22 1 LEADING Indian stock markets remained closed for a Fifth trading day on Monday because some brokers were likely to duck debts if shares fell because of the Gulf war, brokers and officials said. The governing board of the Bombay Stock Exchange (BSE), India's biggest, was to meet last66 words
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Article1107 1991-01-22 22 Close Previow Ju 21 SYDNEY All Ordinaries Index 1,271.3 1,266.5 +4.8 All Industrials Index 1,955.8 1,943.0 +12.8 All Resources Index 746.4 747.0 -0.6 Turnover (million) 53.58 286.85 -233.27 BANGHftM SET Index 631 58 657.93 -26.90 Turnover (million baht) NA 2,200 JAKARTA Composite Index NA 393.19 MANILA Composite Index 650.77 665.791,107 words
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Page 22 Advertisements
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Advertisement22 1991-01-22 22 Jakarta market report was not available 9 Closing prices for all markets except o Taipei are provided by Tolerate 2 ——-J t22 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration812 1991-01-22 23 David Gabriel - THE S^^KANCIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen. sterling. Swiss francs. Nikkei Stock Index Futures and Euro-yen futures. THECharts by TeleTrac; Source: TeleTrac - 812 words
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348 1991-01-22 23 REPORT THE GERMAN MARK was mostly lower against major currencies in nervous Frankfurt trade early yesterday. Traders said the mark slipped against sterling and the Swiss franc after Soviet special forces stormed the Latvian Interior Ministry on Sunday leaving four people dead. The mark348 words
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Article1161 1991-01-22 23 SjjEX EUtOOOlUUI Open High Low Sett Est Vol Op/Int Vol Mar 91 92.75 9180 9173 9179 ***** ***** ***** Jun 91 92.87 92.92 92.83 92.91 3400 ***** 4482 Sep 91 92.78 92.81 92.77 92.82 509 3768 690 Dec 91 92.50 92.52 92.49A 92.53 40 3333 92 Mar 921,161 words
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Article396 1991-01-22 23 Cross rates Jan 21 USS SS MS Dm Yen SFr AS NZS USS 1.7420 2.7210 1.5070 132.50 ***** 1.2610 1.2812 1.6807 S$ 0.5741 1.5620 0.8651 0.7606 0.2956 0.7239 0.7355 0.9648 MS 0.3675 64.02 ***** 0 4870 0.1892 0.4634 0.4709 0.6177 Dm ***** 1.1559 1.8056 87.92 0.3417 0.8368396 words
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Article563 1991-01-22 23 Interbank rates S$ Jid Offer Overnight 4 1/4 4 1/2 1-month 4 5/1 6 4 7/16 2-month 4 3/8 4 1/2 3-month 4 7/16 4 9/16 Overnight nuxlc: 4-1/8 IS* Kid Offer 7 days 6 7/H 7 1 month 7 l/H 7 1/4 2 months 7 3/16 7563 words
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COMMODITIES
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420 1991-01-22 24 Reuter MALAYSIA has suspended palm oil, rubber and timber shipments to the Gulf due to the war and lack of ships. Primary Industries Minister Datuk Scri Dr Lim Keng Yaik said. "There are not many ships plying to the area," heReuter - 420 words
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306 1991-01-22 24 Reuter SHIPMENTS of US grain and other farm commodities have not been disrupted by the Gulf war, but exporters have reported some tightness in vessel availability and generally higher freight rates. US Agriculture Department officials monitoring commodity shipments said disruption in shipping of grainsReuter - 306 words
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859 1991-01-22 24 REPORTS HONGKONG: Gold closed higher on early overseas and local physical buying which pushed bullion up to a high of U*****.50 before profittaking and European selling emerged to dampen levels, dealers said. "The spread was narrowed to 50 US cents as more market859 words
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Article1409 1991-01-22 24 Rubber Jan2i MS(fc>bM«) S cv.ntVkg Nam (lose Ini I KSSI'nxnpl 150.2VI5I.25N I50.2VI5I.25N Inl I KSS I «.+> '>1 I5I.2VI5I.75 I5I.2VI5I.75 Int I KSS Mar I52.2VI52.75 I52.2VI52.75 Int 2 KSS OP I48 00/I5000N I4800/I5000N Inl 3 KSS OP I4.1.01VI45.00N 143.00/145 OON Inl 4 KSS (>l> *****/141 OON 139.00/141 OON Inl1,409 words
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Page 24 Advertisements
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Advertisement679 1991-01-22 24 TELEPHONE: 730-5937/5902/5942 FAX:734-4982 Internationally traveled widely exposed Senior U.S. Executive in late forties with extensive sales, marketing, maixrfactvjinq and servicing experience in Far East forow ID yearsseeks permanent posting in South East Asia, preferably in or around Singapore. Familiar with East West Europe, North South America besides Far East Middle679 words
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Advertisement459 1991-01-22 24 THE COMPANIES ACT CHAPTER 50 Section 290<2)(b) NOTICE OF RESOLUTION HONG SHEETMETAL PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Hong Sheetmetal Pte Ltd held at 11 Collyer Quay. #18-02, The Arcade, Singapore 0104 on the 11th day ot January 1991. the following special resolutions were459 words
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Advertisement7 1991-01-22 24 Executive Jobs every Saturday in Business Times7 words
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THE TRAVEL PAGE
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Article1124 1991-01-22 25 City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA892 0355 GA974 2135 GA886 2220 Adolaido SQ228 1910 QF82 2115 QF7 2155 Amman "RJ83 0350 Amsterdam GA893 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Athens SQ24 2215 Auckland NZ35 16251,124 words
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Article, Illustration613 1991-01-22 25 Bernd Debusmann - LETTER FROM BAGHDAD By Bernd Debusmann SORRY, SIR. We no longer take American Express," said the hotel receptionist, his words punctuated by the rumble of heavy explosions. "Things are not what they used to be." In Baghdad, battered by wave after wave of American613 words
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Article151 1991-01-22 25 As at 3 Dm vestefdn: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3510 1.3710 Canadian dollar 1.4870 1.5070 NZ dollar 1.024 1.054 Sterling pound 3.3400 3.3700 US dollar 1.7340 1.7440 Local dollars to 100 ■■its of foreign currency Austrian schilling 16.10151 words
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Article60 1991-01-22 25 Duration Title Venue Organiser Tel Jan 19-27 International Germany Stuttgaiter (46(711/2589-0 Exhibition For Messc Und Caravaning. Kongress Motoring, Tourism Jan 21-24 Middle East Manama. Arabian Exhibition 973/*****3 Computer Show Bahrain Management WLI. Duration Title Venue Organiser Tel Jan 23-27 International Madrid IFEMA ********** Tourism Trade Fair Feb60 words
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Page 25 Advertisements
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Advertisement34 1991-01-22 25 Chemical Warfare mmL What happens when it takes place How lives can be lost and saved All in your New Paper today The latest news and much more. From lunch-time. Monday to Saturday. 134 words
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Page 25 Miscellaneous
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Miscellaneous228 1991-01-22 25 ACROSS B H H H IF H 7 8 Backer of disc has got V us taped, we're told (9,5) firms do 3 order to expand(B) 11 Talk of prohibition to the "The the 13 Source of energy Douglas can 14 H H H 15 Enough to make Naomi's to228 words
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Miscellaneous218 1991-01-22 25 Singapore Outlook: Showers over a few areas in the bite morning and over many areas in afternoon Forecast: Maximum temperature 27.1"C Assoc humidity 88% Minimum temperature 24.9T Assoc humidity. 96% Hours of sunshine 0.00 Rainfall in mm 0.7 Rainfall this month 65.8 Rainy days this month 7 World forecast Asia-Pacific218 words
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Miscellaneous44 1991-01-22 25 Lex's sec nou) rr~ N &e>iTue- ReAD£R a of thc HFWe GOT Drrung..^/ bopkd PGemKes R* a 9 v rHAfcD on pvt omce.... cocktpol shpvkc? if=air JR* Of-OLIVCS... H JL-- L L ggD ,af (C7?l IJSL m 0350 O EVENING STANDARD CO LTD. IM2-IMI44 words
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313 1991-01-22 26 Quak Hiang Whai - The Gulf War Current exposure less than 1989's Ss3.Bm By Quak Hiang Whai THE EXPORT CREDIT Insurance Corporation of Singapore (ECICS) has suspended all credit insurance cover for exporters selling to the Gulf region. A spokesperson for ECICS said the group had taken313 words
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139 1991-01-22 26 Reuter TANKER owners' reluctance to send vessels into the Gulf war zone has bitten into Saudi Arabia's oil production rate, causing fluctuations of between 7.5 million barrels per day (bpd) and 8.5 million, Gulf industry sources said yesterday. Output is currently run- ningReuter - 139 words
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494 1991-01-22 26 Rahita Elias Lilian Aug - By Rahita Elias Lilian Aug THE Saudi Arabian Marketing and Refining Co (Samarec), which has been buying massive amounts of jet fuel and gas oil from the international oil market, has chartered at least eight tankers since the start of494 words
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208 1991-01-22 26 AP HONGKONG'S governor, Sir David Wilson, yesterday appealed for Chinese cooperation in building a new airport in the British colony, but gave no sign of willingness to back down from the controversial plan. "We want to be able to explain to the Chinese government theAP - 208 words
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Article, Illustration872 1991-01-22 26 PAUL C ROBERTS; PAUL C ROBERTS - The Bottom Line PAUL C ROBERTS PAUL C ROBERTS The writer is chairman of the Institute for Political Economy in Washington. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill, Inc. All rights reserved. A FULL-COURT PRESS is on to convince the US872 words
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221 1991-01-22 26 Reuter THE LATVIAN parliament yesterday voted to set up special self-defence units after Soviet "Black beret" sprcial forces blasted their way into the Baltic republic's Interior Ministry. A ministry spokesman in Riga said four people were killed and 10 wounded in SundayReuter - 221 words
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Page 26 Advertisements
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Advertisement303 1991-01-22 26 f -iIL Baume Mercier GENEVE 1830 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 million303 words
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Advertisement9 1991-01-22 26 Britain and China at odds, Shipping Times Page I9 words
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Advertisement48 1991-01-22 26 JIL Baume Mercier GENEVE 1830 Official warns of domino effect of any coup, Pg 6 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! Complete facilities telex fax. copier word processing secretarial services conference room answering service long snort term lease you name it!48 words
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Shipping Times
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480 1991-01-22 27 Rahita Ellas - By Rahita Ellas MALAYSIAN logistics company Intcgratcd-Mits has launched its ambitious Ms2oo million to Ms3oo million plan to set up a comprehensive network ot at least 10 warehouses-cum-lorry terminals on both sides of the Peninsular. Intcgratcd-Mits, which already has facilities in Johor Baru and Pcnang,480 words
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Article, Illustration296 1991-01-22 27 AFP A LEADING shipping consortium operating between Asia and Europe has begun re-routing its vessels away from the Suez canal over security fears and higher insurance premiums, Lloyd's List reported on Saturday. The Ace Group's decision to re-route shipping around SouthAFP - 296 words
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175 1991-01-22 27 AFP NATO will transfer seven minesweepers from the English Channel to the central Mediterranean to ensure the security of sea lanes there, Belgian officials announced on Saturday. The vessels will leave on Jan 28. said the statement by the Belgian NationalAFP - 175 words
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Article114 1991-01-22 27 Bernama THE MALAYAN Railway (KTM) has placcd orders for 179 bulk ccmcnt wagons in association with three local cement manufacturers, Malaysian Transport Minister Datuk Seri Dr Ling Liong Sik said last week. He said KTM would supply the bogies while the wagons to contain theBernama - 114 words
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433 1991-01-22 27 NYT PLANS for a new airport in Hongkong have led to a furor over who now speaks for this British colony's 5.7 million people Britain or China, which is scheduled to take control in 1997. Hongkong's British governor,NYT - 433 words
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390 1991-01-22 27 Dexter Lee - By Dexter Lee SINGAPORE-BASED Macolinc, the shipping arm of local logistics group MacNcls, is poised to upgrade its common feeder fleet with bigger ships over the next two months. Mac-Ncls managing director Matthew Er told BT the move was in response390 words
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328 1991-01-22 27 SINGAPORE'S sccond scheduled airline Tradewinds took delivery of another Boeing 737-300 yesterday, boosting its fledgling fleet's capacity by some 11 per cent. This new 136-scat aircraft, which is leased from the Guinness Peat Aviation (GPA) group of Ireland, brings the Tradewinds fleet to two328 words
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NEWS SUMMARY
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79 1991-01-22 27 RECENTLY, the UK House of Lords Select Committee appeared to feel that their Lordships were confronted with the realm of darkness on the other side of the ocean when they examined the Community's proposals for Euros, which establishes a Community shipregister. The79 words
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32 1991-01-22 27 DEMAND for liquefied petroleum gas carriers will increase by more than a third in the six years to 1995, according to Ocean Shipping Consultants. Back Pate32 words
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61 1991-01-22 27 THE £500 million which could be raised by the sale of the majority of British trust ports is paltry by the standards of previous privatisations in the UK, but it is still sufficient to attract the government's attention at a time when61 words
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Article34 1991-01-22 27 SHIPS with Japanese crews are moving out of the Gulf, and some arc also staying out of the Suez Canal to avoid danger. shipping industry sources said Back Page34 words
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LOG BOOK
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54 1991-01-22 28 THE MANAGING DIRECTOR of German shipping line Hapag-Lloyd Asia Ltd, Olaf von Maydcll, said his company's ships could still use the Suez Canal, but added that it was monitoring the situation. He said Hapag-Lloyd vessels have made preparations in ease the situation warrants54 words
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Article63 1991-01-22 28 MALAYSIAN AIRPORTS are beefing up security checks on aircraft and passengers, especially those from countries involved in the Gulf war. Transport Minister Ling Liong Sik said all Malaysia's airports had been instructed to tighten security. Malaysia could not afford to take any risks because of airlines'63 words
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Article69 1991-01-22 28 AN IRAQI CITIZEN was arrested in Rome on US charges in the attempted bpmbings in 1973 of an EI-AI Airlines building and two Israeli banks in New York, law enforcement officials said. Khalid Duhan Al-Jawary, 45, was held on US warrants after authorities in Rome69 words
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Article75 1991-01-22 28 UAL SAID it was confident a deal between British and US regulators over the succcssion rights at London's Heathrow airport would be struck by the end of the month. United still needs final US Transportation Department approval on the deal, but that is widely seen75 words
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Article66 1991-01-22 28 IRISH PRIME MINISTER Charles Haughey said that Dublin would allow US warplanes to make stopovers for refuelling at Shannon airport if requested by Washington. Mr Haughey said a decision to allow US aircraft to refuel at the airport would not constitute participation in the Gulf war.66 words
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Article61 1991-01-22 28 KDD (Overseas Communications Japan) has developed a high speed, high resolution colour picture transmission system which enables digital transmission of colour pictures via its integrated services digital network. The international telecommunications company said the system can transmit a standard size page in about three minutes via the61 words
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Article57 1991-01-22 28 NEITHER Dcutschc Acrospacc AG (DASA), the aerospace division of Daimler-Benz AG nor its subsidiary Deutsche Airbus GmbH will have to file for bankruptcy due to the fall in the value of the dollar, DASA management board chairman Jucrgcn Schrempp said. He added that DASA's efforts to57 words
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Article, Illustration1519 1991-01-22 28 Proposals for a Community ship-register may not lead to the realm of darkness feared by the British House of Lords International Transport Journal HOMER refers to "Okeanos", the river which streams in a circle around the world. On the other side begins Erebos, theInternational Transport Journal - 1,519 words
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Article968 1991-01-22 28 Jan 24-27: Airport, Port and Transport Exhibition APEX *91, Hongkong. Jan 29-Feb 2: Dubai '91 Air Show, Dubai, United Arab Emirates. Feb 3-5: ICAA/AOCI Conference on Competition in the European and Asia/Pacific Air Transport markets, organised by ICAA European Community Bureau, The Oriental. Singapore. Feb 6-8: World Trade968 words
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Article12028 1991-01-22 36 I his 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. Advaneed dates are published for a12,028 words
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Article3290 1991-01-22 41 Containerline NV: Belsin Shpg I Agencies Pie Ltd (SVMarine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Ptc Lid (SyAccord Contr Line (PK/PN) Adkris Business Corporation Philippine: Calsource Shpg St Trdg Pie Ltd (S) \hrenkiel liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Fraia Shpg Pic Ltd (S).3,290 words
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Article239 1991-01-22 41 Abacus ouriert Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Akswift Worldwide Courier Tel. 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-liak International Tel: 344-3377. Fax: *****50. Cluster link Supplies A Services239 words
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Article1475 1991-01-22 41 Abe* Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tei: 542-7822. Fax: *****20. Aerolink Freight Interaatioaal Tel: 545-8033. Fax: *****05. Td:°s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market Express1,475 words
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Article2541 1991-01-22 42 ARGENTINA San Lorenzo: Two vessels loading pelletized meals;) vessel in roads awaiting shippers' orders to load sunflower seed. Rosario: Two vessels operating of which I loading pelletized meal, I loading by-products; 2 vessels berthed in ballast awaiting orders. Villa Constitution: Two vessels in port of which I loading2,541 words
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Article489 1991-01-22 42 ARRIVALS Op Flight Type ETA T From TODAY JAL JL617 B747F 0200 I NRT KAL KE697 B747F 0220 I SEL NCA KZ205 B747F 0310 1 NRT CLX CV796 B747F 2230 I LUX/AUH/KUL TOMORROW CAL CI333 B747F 0115 1 TPE AZA AZ995 BC8F 0235 I SYD SI A489 words
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Article465 1991-01-22 42 SHIP SALES TANKER RATES VESSELS SOLO FOR FURTHER TRADING Bulk cantors The Panamax Cosmos: 66,742 dwt and built 1984, sold to unnamed interests for about US$l3 million. The Wilmaster 36,416 dwt and built 1977, sold to Greek buyers for around US$B million. Mega Brook: 123,003 dwt and built 1977, sold465 words
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Article311 1991-01-22 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Port Agent Ports of Calls JANUARY 24 24 Ocean Pearl 0700 0300 Reefer Lines Penang-Sin-Bali 26 26 Sea Goddess II 0600 1700 Thoresen Co Jakarta-Sin-P Pelangi 28 28 Song of Flower 1000 2300 Neptune Agencies Phuket-Sin-Penang 29 29311 words
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SHIPS IN PORT
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Article529 1991-01-22 43 VmmI i B«tt fcrfcd OapartOT 1/ 1 jA/fc n«PQ6l nVmiYoS Baiymshan 1/91 K32 23.01/1500 Catamarca 2 36C8 CIO ahx«side 22.01/0600 Kota Pusaka E 882 K31 2801/0600 Sg Of Flower *****1 (P K29 alo«*i«de 21.01/2230 Ur-Sus 36 W K33 aloc*s*Je 22 01/1500 Xmheng 9101 K34 alongside 23.01/1100 L529 words
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Article1208 1991-01-22 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookrt/Balance Rsih SNp Voy No Etb/Btr Period From To From ACX Jade 31A 23/1500 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1700 ACX Lotus 88 23/0700 1 21/1500 21/1659 21/1900 2 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 A|1,208 words
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Article282 1991-01-22 43 Kuantan Port Berth 1: Tamara Berth t. Spring Horse Berth 3: Anastasia. Berth 4: Sang That Winner Pabn oi berth outer Entity Palm oi berth inner: ml Mineral oi berth; iambongan Service jetty: Jeramac 67 Tunda Eastern State Anchorage: ml. Due on Jan 21: ml Due on282 words
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Article1018 1991-01-22 43 THE DRY cargo freight market on Friday was characterised by little new grain but active coal and time-charter business at firm rates, brokers said. Market players kept their eyes nervously fixed on world oil prices. On Friday, oil showed small gains, but if the military conflict in the1,018 words
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Article, Illustration465 1991-01-22 44 Lloyd's List DEMAND for liquefied petroleum gas carriers will increase by more than a third in the six years to 1995, according to Ocean Shipping Consultants. The increase in work for LPG carriers will be greater than the rise in world seaborneLloyd's List - 465 words
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440 1991-01-22 44 Lloyd's List THE £500 million which could be raised by the sale of the majority of British trust ports is paltry by the standards of previous privatisations in the UK, but it is still sufficient to attract the government's attention at a timeLloyd's List - 440 words
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179 1991-01-22 44 Reuter SHIPS with Japanese crews arc moving out of the Gulf, and some arc also staying out of the Suez Canal to avoid danger, shipping industry sources said on Friday. They said about four vessels with about 42 Japanese crew members were now inReuter - 179 words
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Page 27 Advertisements
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Advertisement211 1991-01-22 27 StHf HENG METAL CO PIE LID U TUA3 AVC 14. SINOAPOAE 22H TELEX: R9 2<*7i 3HMCPL TEL: Ml 5853 (SknN) TELEFAX:•»! 2M« -hv UHAMHHTH* f'l ItS 1.1,144 I llHfi kn^Mtnm /fluid itU ill ml o«c«tc k>uN IH J 111 -owilm Bind Comvlor *•*'**<>"■• MALAVMA •OtMiALPO murrM 4«rtnf«Mr nH Wi»#wunTwdi c«M>hmmi211 words
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Page 28 Advertisements
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Advertisement89 1991-01-22 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Of Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look89 words
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Page 29 Advertisements
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Advertisement2156 1991-01-22 29 JARDINt SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt. Singapore 0208 \llV#r *****U TELEX NO RS ***** Hafma TERMINAL,CFS Tel *****18 220 bookings Tei *****34 258 L VUOQf M *ESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 TELEX NO MA*****/HHA39AJI PtNANG TEL *****4 TELEX NO MA***** CPS TEL2,156 words
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Advertisement929 1991-01-22 29 INDEX TOUWKTISERS P*ge Col P»«e Col lAI I M J Mac-Ncls Agcncics 14 1/2 AB< (ontaincrlinc 13 5 Macolinc 18 2/3 Accord Group 8 1-3 .MacrekLinc 3 4/5 Albatros Sea-Air 14 3 «MISC 14 1-3 I *APC Line 13 •M'u»Shp f Cocp 9 1/2 Arrow Lines 9 5 Mcrcurv Line929 words
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Advertisement2049 1991-01-22 29 NEXT SAILING TO U.S.A. LOUIS MAERSK V.9102 ETA 29/1/91 Vessel Voy ETA ETO "Port "Penang DESTINATIONS Singapore Keiang Thrt *M> LOUIS Mae'Sk 9103 Feeder by cv oaoo hps Farui MB HHI CFS 2*l 235® HPS M Tsuro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR METTE2,049 words
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Page 30 Advertisements
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Advertisement1061 1991-01-22 30 i -p "*'l ROTTERDAM/ I VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENAVON 98/508 22/1 J/2 J3/2 MONTE ROSA 11/507 24/1 '2/2 11/2 17/2 KASUGA 13/511 27/1 '3/2 IV2 8/2 BREMEN EXPRESS 01/510 31/1 2*2 19/2 8/2 LIVERPOOL BAY 03/514 3/2 202 2 KATSURAGI 04/5131,061 words
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Advertisement483 1991-01-22 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANC 21-2M/I 9/2 11/2 l«/ 2 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO L. J BONTANG 21-28/1 1/3 2/3 5/3 8/3 7/3 Cjllm or483 words
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Advertisement1190 1991-01-22 30 KIBtaASMM WW* REGULAR IMOEPEMPEMT FULL CONTAINER SERVICE WE&TB6UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LMA (VIA (VIA (VIA *L 6) HAM) ROT) NORASIA MUBARAK 9046-3 22/01 09/02 10/02 15/02 1602 17(02 1802 1902 2102 NORASIA AL-MANSOORAH 9047-3 28/01 16/02 17/02 21/02 Z2/TC 2302 2402 25021,190 words
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Page 31 Advertisements
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Advertisement1719 1991-01-22 31 iiiiicsy lursuaj daiiuAij ~~jgSteamers Ltdj PAO MnV STRAITS SHIPPING V||A f Singapore to BrwMi, last Malaysia. Containers IB m—* Vo» No P Klang S'pore S'ton H'buri B haven R itom Lefi trrtPT* nilf (All s BENAVON *508 BAR 0! 0! 08 02 100? 1? Atttris uut MONTt ROSA II 5071,719 words
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Advertisement1482 1991-01-22 31 TO: U.S.A. FM: U.S.A. SP OAK LGB Oil FOB SAV NOR HYC n«r pt<i nor SAV JAX CHI LGB OAK SP IV2 WJ2 2*2 W W 3/3 W JAPANStN AWS Sjf ul 5T Jtl *1 *2 4/2 J2SI2J? li? 2n Srt >?rt il BARMEN SIN If 1« 23/1 ail 24)11,482 words
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Advertisement49 1991-01-22 31 SBHLM SNVPNH6 PTE LIS. 20-09, long Eng »ldg, 101 Cmd» S*. S por. 0106. Tat, *****12. *****13, *****36. 4HMH RS ***** Fo« WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMIDAH 23/24 JAN SIBU. KUCHING SENG LEONG 25/26 JAN P. KELANG SRI ARIKA 27/28 JAN PENANG SENG LEONG 30/31 JAN KUCHING. SIBU49 words
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Advertisement372 1991-01-22 31 Sj STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI COSMIC ORANGE ORANGE PINE PIONEER OCEAN MOON VOY NO 25 11 95 9 Spore 26/1 75/1 27/1 30/1 P Kelang 27/1 711 1/2 Penang Yangon Mcngla Chittagong Calcutta Yokohama Nagoya Osaka 11/2 Senboku Hochiminh NOTE ALSO CALLING OTHER372 words
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Page 32 Advertisements
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Advertisement688 1991-01-22 32 Ml CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI/VOY SPORE ROAM.ADAM H BURG BREMEN ANTWERP MA TAR AM, 28*8 30/1 8/3 13/3 16/3 20/3 TRIAS UNITY UEWB 4/3 6/4 12,<4 17/4 71/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Suto|*cl lo Inducement Alto accepting cargo lo Casablanca. Port SaM. Port688 words
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Advertisement901 1991-01-22 32 >4. I HANJIN SHIPPING FEEDER VSL I SIN I LINE HAUL LAX OAK Spore LEH RTM ANR HAM BRV FEL CHOYANC GLORY 0021 21/1 M POHANC 10JE I*2 20/2 HANJIN TONCHAE (MOW 271 14/2 15 2 W W 18,? 19 2 CHOYANC SUCCESS 012E 4/2 H HAMBURG 005E 4/3 7/3901 words
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Advertisement152 1991-01-22 32 E5 HUAT SHIPPING X CO., (PTE) LTD. \WLWA 10 Anson Road, #14-19/20 International Plaza, Singapore 0207. FAX: *****94 Tola: *****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 In Pt 22/1152 words
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Advertisement1366 1991-01-22 32 [PKL SGP HKG KSC KLC PUS HKT OSK NCY SUM TYO LAX CKS BAL NYC LHV ANW ROM THP HBG PSD CUB PKL SCP I I GREET Rt 031 In Pt 27/1 U/l i/2 1/2 *2 10/2 11/2 12/2 21/2 2/3 9/3 10/3 20/3 21/3 22/3 23/3 2V3 4/4 14/41,366 words
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Page 33 Advertisements
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Advertisement1322 1991-01-22 33 lipping Times, Tuesday January 22 1991 —rNEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) hK?EUROPE SERVICE *****19 USA SERVICE *****16 AS SERVICE— *****18 FAR EAST SERVICE *****48*. R TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS K^7—IMPORT *****69/*****50 CFS: K27 EXPORT: *****53/*****04 *****0 1 fM u(O7) *****3 *****41,322 words
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Advertisement1030 1991-01-22 33 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 j VtSStLS VOYAGE |SPOfff (MANILA HUONG VOYAGE SPORE PKLANG HtURC B HAVEN TILiURY1,030 words
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Page 34 Advertisements
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Advertisement1308 1991-01-22 34 IQ K LINE KAWASAKI RISEN KAISHA. LTD. j] j j EXPORT N. AMERICA PACIFIC SOUTH-WEST flggW ft, AMHUCA-TACTIC BQVTB-WEST Z"7 7/ -0n,,. vo» HOUS IB OAK TKY FttlXß «SS£l VOY TM «P FEEDER VESSEL VOY *INDO 'PK PNG SCP MOTHER VESSEL VOT LB OAK CHI NYC 111 H BRIDGE <01,308 words
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Advertisement1246 1991-01-22 34 PHILI-ORI€NT UN€5 PT€ LTD 108 ROBINSON ROAO »07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76 *****38 BV AIR, LAND OR SEA SJa-aggF WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 26 JAN MONTREAL, OTTAWA, TORONTO, CHARLESTON Scm CAGC) N1,246 words
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Advertisement1391 1991-01-22 35 aSSSgPff PACIFIC INTERNATIONAL LINES (PTE) LTD /g Jf PIL Building. 140 Cecil Street i»0300, Singapore 0106. I JAKARTA ~l BANGKOK VESSEL VOV SIN JKT SIN JESS ?TM s!7l EDEN 9104 26/1 29/1 4/2 n, nov Ens M l J7/1 31/1 KOTA JADE 9102 29/1 Jl/1 SwHui 6103 »1 27 11,391 words
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Advertisement1034 1991-01-22 35 f BEN LINE CONTAINERS LTD \l 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** < VESSEL |VOY SPORE PKLANG" SHAMPTONI HAMBURG BHAVEN ROAM LHAVRE Benavoo 98/508 22/1 Via BAR 7/2 10/2 12/2 Monte Rosa 11/507 24/1 18/2 12/2 1/2 17/2 Kasugal 13/511 29/11,034 words
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Advertisement329 1991-01-22 35 MYANMA pBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI66W In Pt 24/26 Jan .OIKAW VI6IW 23/24 Jan 4PA-AN VIS9W 27/29 Jan »INYA VII3W 22/23 Jan 'ATHIEN VIO9W 9/12 Feb 4 8 Feb BAHKUHE (A aervice of Andrew Weir Shipping) \\r SEMI-CONTAINER329 words
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Advertisement839 1991-01-22 38 INFSj^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FLX BRV ROM ANT HBG MECKLENBURG WMIOS 25,1 23/2 22/2 25/2 24,2 20/2 PANAMA SEN WFlOt 30/1 24/2 22/2 21,2 25,2 EUROPEAN SEN NFIO7 5/2 1/3 2/3 21/2 10/3 BRANOENBURC WMIO6 5/2 6,3 5/3 1/3 7/3 3/3 TO839 words
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Advertisement1164 1991-01-22 38 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 loading for OUR CONSOLIDATION SERVICES TO: v nsai l l___J FIIRfIDF DISCHARGING FM BRA2IL LUllUl L V(SS£L SCORE HKG UNI. Kt£ YOU NGO KOB MOSTWEEN I I V9l SOI 1 1(1 11/3 W l J 26/01 ft 02/02 LONOON ROTTERDAM FELIXSTOWE ANTWERP I1,164 words
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Advertisement134 1991-01-22 38 |W JE CONTAINER LINE P TEL: *****59 FAX *****83 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 2Wl* 2/2 TOKYO 24/1 27/1 PORT KELANC 2S/1 ft 1/2 KOBE 27/1 ft 1/2 PENANG 25/1 1/2 NAGOYA 27/1 ft 3/2 MANILA 20/1 ft MA YOKOHAMA 27fl M BUSAN 21/1 ft 24/1 OSAKA 2»1134 words
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Advertisement1264 1991-01-22 38 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER L,NER SERVICE E— l 2. m^ iH *s£22£J2? 7 CABLE: COSTARLINE CR NO: *****M0000M General Agents: OOfTAR SHIPPING PIE LTD to euwowE mom rwowe IvEssa/vor SCP flx hot HAM ANT g VESSCL/VOY FLX HOT HAM ANT 25! SCP BEAUTY RIWRUO 24/01 IMB 1102 20(021,264 words
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Advertisement768 1991-01-22 39 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Drain* 25/1, 1/2 I I EUROPE all Ports 26/1, 2/2 BANGKOK 24/1, 27/1 HONGKONG/CHINA 26/1, 29/1 SYD, MEL, ADEL, BRIS 24/1, 28/1 FREMANTLE 25/1, 1/2 MANILA 25/1, 1/2 PKLG/PENANG 25/1, 2/1 Port Kelang Branch Tel: *****21/2/3768 words
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Advertisement237 1991-01-22 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnee) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llnea) r*f\ ETHIOPIAN SHIPPING LINES A 1 (National Lines of Ethiopia) ACCTPTTNG FCL AND CONVENTIONAL VESSEL IVOY ETA ILOAOING FOR SPORE ABBAY WONZ 27W8 VO2 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSAN£T 21WB OS/03 DARESSALAAM237 words
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Advertisement721 1991-01-22 39 I MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA A THAILAND rrTiiilTinl r ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS I WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 XNWOIII toIOONgSIA sewvicg I VSL721 words
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Advertisement597 1991-01-22 39 CR NO 10J3M*****C BANGKOK CEBU/MANILA [VESSEL VOY SINGAPORE BANGKOK [vESSa [VOY S PORT CEMJ MANILA NANTA BHUM 25N Wed 23/1 Sat 26/1 SO STAR 04A 24/1 30/1 W JENLINK 41N Ffi 25/1 Hon 2«/ l KITI BHUM 058 31/1 6/2 W SI AM PAETRA#' 62N Sat 26/1 Tue 29/1 SO597 words
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Advertisement317 1991-01-22 39 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ellen huoig V264H ETA 1/2/91 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl Hfi Fli H»wi Ant FoyllUr Liv Sport E. HUDIG 15/12 2S/12 19/12 23/12 5/1 16/1 25/1317 words
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Advertisement1172 1991-01-22 40 A WAC-NELS SINGAPORE IPexpobt TEL *****22"! IWPOW TEL 22IMOT| PENANG TEL (04) *****6 KK TEL: (088) *****0 j TAWAU TEL (089) *****9 1 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 —I\~/\ J j BAHRU TEL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL: (087)1,172 words
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Advertisement421 1991-01-22 40 mm 1 WiiaHiintKiii^ BLUE STAR LINE SINGAPORE TO 1| NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED 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 LYT PREMIER 10$ 31 Jjn 15 Feb421 words
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Advertisement662 1991-01-22 40 /2T| 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 IvOT In* IIEST VESSEL VtT ETA IST KIM SOON LI 03/91E 24 JAN662 words
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Advertisement357 1991-01-22 40 r i\ionßULK\ \U6tJJr' NORBULK CARGO SERVICES LTD. V REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES SP PK LOADING FOR I ANASTASIA NB-122 IN PORT 74a RTM/ANT/UK I PUNICA NB 123 SAILED IN PORT BELFAST/UK/HTM I SOLSYN NB 124 30/1 2/2 RDMM ANT/NAN/UK *1 OCEAN TRADER NB-12S 1/2 4/2 SETE/ROM/ANT/UK I357 words
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Advertisement7 1991-01-22 41 JUL. DANZAS 311! TEL: *****00 FAX: *****807 words
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Advertisement23 1991-01-22 41 CB-I-JJLB AAJT SINGAPOREmMATDIVES 1 wWmmm Ifa M Singapore to Hungary -."uMwifiw lfif| SINGAPORE to SPAIN J| [WM W M SINGAPORE to SRI LANKA23 words
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Advertisement36 1991-01-22 42 This information appears under an arrangement between Business Times and the Baltic A International Maritime Council (BIMCO) and is based on the latest reports from BIMCO members and agents internationally. Read Chartpoint in BT every Saturday36 words
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Page 43 Miscellaneous
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Miscellaneous412 1991-01-22 43 TIDES AND WEATHER -"■mii r "—i '"■■"I""- TODAY'S TIDES (height in metres) Ml *****1N 02N MO MM KM MOO 07N MM Moolooollool2* **********80 ICOO 1700 lON 19M 2000 2101 2200 2301 JR 1.5 2.1 25 2.6 2.5 21 18 1.3 10 09 09 1.1 16 2.2 2.6 2.7 2.6 23412 words
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Page 44 Advertisements
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Advertisement375 1991-01-22 44 CHARTPOINTI Every Saturday in Business Times PT. pelayaran. SAMUDRA A6UNG KUALA SIAK IV 24/1 BATU AMPAR/SEKUPANG/BATAM fflr z SSoS KUALA S.AKV 25,1 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavylift cargo. m375 words
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Advertisement657 1991-01-22 44 JkHYUND/VII MERCHANT MARINE CO. LTD. j EASTBOUND TO USA WESTBOUND FROM USA ~~1 TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VQY LBH OAK SEA HKG SIN HYUNOAI INNOVATOR SF~ ~W 31/1 18/2 21/2 24/2 23/2 HYUNOAI CHALLENGER 37W U/12 21/12 24/12 11/1 23/1 HYUNDAI PIONEER 38E657 words
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Advertisement579 1991-01-22 44 CHARTPOINT Every Saturday in Business Times PNG|PM. |««h*r SIN LAX |O*K|HOJ |OAI |CHI/ MTMWC OUR USA' AKA »MUM v4sw< gjT AIUGATOR FORTUNE v«g«T~Ma wT"SS" wT" wTHa~ m»T nn SERVICE CALL^ AKABMUM V.4SM 1/2 AUICATOR PR IDC ***** iII iW W« M 2712 27/2 27/2 2M P.1./T. AKABMUM *«N 1/2 ALLIGATOR579 words
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