The Business Times, 30 January 1991

Microfilm: NL17381
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday January 30 1991 75*
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  • NEWS SUMMARY
    • Article
      China's first stock market facing collapse
      65 1 CHINA'S first stock market in Shenzhen is faced with collapse after average stock prices fell by 30 per cent recently. China's semi-official Hong Kong China News Service reported yesterday that the bourse had failed to recover from severe jitters sparked by rumours of a
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    • Article
      World watch output up 10.4pc
      36 1 GLOBAL watch production grew 10.4 per cent to 753 million pieces last year, fuelled by strong demand for analog quartz watches, Japan's Citizen Watch Co Ltd said in a report yesterday.
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    • Article
      Fewer wind-up moves
      23 1 THE NUMBER of petitions filed to wind up companies and the number of companies wound up has fallen sharply 2
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    • Article
      Thai growth streak
      39 1 THAILAND'S economy grew by about 10 per cent last year, the fourth consecutive year of major expansion, but growth is expected to fall to about 7 per cent this vear. says its central bank Page 8
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    • Article
      Moscow sees pullout
      25 1 SOME foreign businesses have cancelled or suspended investment plans in the Soviet Union since the crackdown in the Baltic states Page 8
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    • Article
      Tokyo lagging behind
      37 1 JAPAN trails far behind the US and Western Europe in investing in the Soviet Union, and clearer ownership laws are essential to spur greater investment there, according to a report by Jetro Page 8
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    • Article
      Likely boost for talks
      33 1 A SENIOR European Community official says that the EC farm reforms now being discussed by member nations could help restart the stalled talks to liberalise world trade Page 8
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    • Article
      Fiction showcase
      24 1 A COLLECTION of three volumes of fictional writings in the four main languages by Singapore writers has just been published Page 15
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    • Article
      Warehousing advice
      26 1 A JAPANESE warehousing expert has urged Singapore operators to know the products they store in their facilities before automating operations. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      41 1 SHARE PRICES dipped in New York Stock Exchange yesterday in the first trades of the day. Five minutes after the opening bell, the Dow Jones average of 30 leading industrials was off 3.22 points, to stand at 2,651.23 points.
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    • Article
      Footsie tower
      58 1 SHARE PRICES in London were mixed by midscssion yesterday after a light wave of buying lifted the market from early lows prompted by news of a £572 million rights issue from food retailer Tesco. At 1148 GMT, the FTSE 100 index was down 2.3 points at 2,115.7 after
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    • Article
      Wait for EMS plan
      28 1 SHAREHOLDERS and creditors of problem-ridden ElectroMagnetic (S) will have to wait longer to hear about the financial restructuring plans for the company Page 3
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    • Article
      No retrial for Tang
      32 1 HONGKONG public prosecutors have decided not to seek a retrial of former Monetary Authority of Singapore manager Tang Wee Lip in respect of 16 criminal charges Page 3
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    • Article
      Challenge to market
      42 1 GERMANY'S money market will face a new challenge next month as banks in the east of the country try to come to terms with changed financing rules which bring them closer into line with west German banks Page 6
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    • Article
      URRENCIES
      19 1 Exchange rates USS SS 1.7240 Yen SSI.3140 MS SS0.6392 Money market rates Overnight 4-1/2 +1/8 3-month 4-3/4% -1/8
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA ...604.95 -2.40 Kuala Lumpur ....489.72 +4.48 Hongkong 3,192.90 -5.39 Tokyo 23,460.12 -109.32 Sydney 1,304.1 8.5 Monday Change New York 2,654.46 -4.95 London 2,118.0 +15.0
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$377.60 +USS3.I0 Rubber S'pore Feb 143.75'/kg unch M'sia Feb 229.50«/kg unch KL Tin T urnover 10 tonnes-81 Spot MS 14.82 /kg -0.01 Crude palm oil Turnover 1,593 lots -683 Feb MS831/tonne -12
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  • Article
    Shipyard foreign worker levy up $50 from April
    521 1  -  Ministry may consider two-tier levy scheme By Rahita Elias SHIPYARDS will from April 1 have to pay $350, or $50 more, a month for each foreign worker they employ. Strong growth in Singapore's shipbuilding and shiprepair industry last year led to a
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  • Article
    URA plans new $240m HQ
    358 1  -  Current site at Maxwell Road may be redeveloped By Lee Han Shih L'RA still owed $220 m in 'deferred proceeds', Pg 3 THE Urban Redevelopment Authority (URA) is planning to build a new headquarters at a cost of $240 million. A brief mention was made
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  • Article, Illustration
    Lock icon Japan threatens US with credit curb
    338 1 NYT A TOP Japanese treasury official has warned that if the United States applied sanctions against his country because of the latter's slowness in opening up financial markets. Tokyo would respond by curbing credit to the United States, creating a "very, very harmful" situation.
    NYT  -  338 words
  • Article
    New envoy sees closer ties between S'pore and the UK
    346 1  -  By Kenneth James BRITAIN'S new envoy Gordon Aldridge Duggan, looking confidently past his country's current economic problems and the effects of the Gulf War. sees closer ties that are likely to include high-technology investment in the UK by Singaporean i
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  • Article
    Lock icon It'll be one bloody war, but Iraq will win: Saddam
    574 1 THE GUL4 MMM Agencies IN HIS FIRST interview with a Western media network since the Gulf war erupted, Iraqi President Saddam Hussein has said he has no doubt he will win the war in the Gulf but that "lots of
    Agencies  -  574 words
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      Page 1 Advertisements Column 1
      215 1 The best just keep getting better... and better... tfrm SSSSST Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Commodities 24 Money Market 23 World News 8 Cryptic Crossword 25 Regional Co News 4 For market indices, editorial. Editorial 10 Regional Stock Markets 21 advertising and circulation ex Financial News
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      3 1 Analysis Pr U
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      72 1 Ss Showroom 15 Enggor Street #01-03 Realty Centre Singapore 0207 Fa* *****54 Tel *****55 > Muslims will be alienated if war goes beyond fasting month: don, Pg 9 Why didn't those oil price forecasts come true?, Pg 9 Germany pledges to carry fair share of war costs, Pg 9 EC
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Technological edge is not always the answer
        109 2 SINGAPORE should not rely overly on the importance of the technological edge as the "force multiplier" to overcome its smallness in numbers, according to Chief of Defence Force, Lt-Gen Winston Choo. Speaking at the opening of the Command and Staff Course 1991 last
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      • Article
        Cards to ring in the new year
        102 2 SPECIAL Lunar New Year phonecards, portraying the Festival theme, will be on sale this Saturday. The phonecards will be available in sets of four, with each card representing one aspect of the festival, which when placed together form a larger overall picture. The
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      • Article
        Talking about customs matters
        70 2 THE Singapore Custom and Excise Department is hosting the 15th meeting of the Asean Working Group on Customs Matters which started yesterday. The department said in a statement yesterday that the meeting will discuss areas of operations in custom matters and exchange information on prevention, investigation
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      • Article
        Corrections and clarifications
        58 2 IN YESTERDAY'S BT story, "SIA resumes Manchester flights", it was reported that Manchester-bound passengers were asked to fly to London first via Singapore Airlines and then arrange for other connecting flights thereon. An SIA spokesman has pointed out that the connecting flights to Manchester will be arranged
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    • Article
      Sharp fall in petitions to wind up companies
      497 2  -  By William Chia REFLECTING the robust economy last year, the number of petitions filed to wind up companies and the number of companies wound up fell sharply. The number of bankruptcy petitions filed and bankruptcy orders made (people made bankrupt) also fell,
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    • Article, Illustration
      New chief plans to put GEC on growth path
      371 2  -  By Claire Leow SOME NINE MONTHS into the job, the managing director of General Electric Company (GEC) of Singapore is talking about boosting his company's turnover, which has stagnated at around $55 million since 1987. Bob Ashman, who came on last
      371 words
    • Article
      No increase in PUB tariffs
      422 2 THE Public Utilities Board (PUB) will not increase its electricity and gas tariffs for the three months from February to April this year. The decision, announced yesterday, comes at a time when fuel oil prices, which rose sharply when the Gulf crisis broke out last
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    • Article
      Daiwa forecasts 5.5pc growth for Singapore
      404 2  -  By Quak Hiang Whai THE Singapore economy is expected to grow by 5.5 per cent this year, down from 8.5 per cent last year, according to Daiwa Institute of Research's latest monthly economic report. The research unit of Japanese broking giant, Daiwa Securities, said
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    • Article
      Caltex, Esso add twist to unleaded petrol race
      277 2 THE race to launch unleaded petrol has taken on a new twist with two oil companies Esso and Caltex promising to pay repair costs if car engines are damaged by regular use of their brand of petrol. Esso, which today launches both
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      453 2 (MARKETING OF FINANCIAL SERVICES I GAINING A COMPETITIVE EDGE IN THE CHALLENGING NINETIES 28th February, 1991 Ming Court Hotel, Kuala Lumpur A This Seminar is designed for the Banking Financial Sen/ices Industry to develop effective j j marketing strategies 4 Seminar Structure Outline: H The Objectives of Marketing Characteristics of
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      3 2 MANAGEMENT Every Monday
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      URA still owed $220m in 'deferred proceeds'
      358 3  -  Payments frozen for five years in '86 because of property glut By Lee Han Shih DEVELOPERS, including Singapore Land, Hong Fok and City Developments still owe the Urban Redevelopment Authority more than $220 million for land they bought more than 10 years ago.
      358 words
    • Article
      Prosecutors in HK not seeking retrial of Tang Wee Lip
      308 3  -  From Catherine Ong in HONGKONG I HONGKONG public prosecutors have dccidcd not to seek a retrial of former Monetary Authority of Singapore manager Tang Wee Lip in respect of 16 criminal charges. Tang, 48, one of three defendants in the
      308 words
    • Article
      Lock icon Public Bank wins award for producing best annual report
      236 3 MBT PUBLIC BANK BHD has won Malaysia's 1990 National Annual Corporate Reports Award (Nacra) for producing the overall most outstanding annual report. The bank also won the best award for the finance sector as well as commendation awards for accounting information,
      MBT  -  236 words
    • Article
      Jakarta bourse expected to experience strong growth
      305 3 Conference on strategic developments for Asia-Pacific stock exchanges INDONESIA'S strong economic fundamentals, government commitment to privatisation and a low market capitalisation rate will ensure the brisk growth of the Indonesian stock market in the next few years, said Masatake Seki, president director of
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    • Article
      Taiwan stock exchange to be fully automated next year
      190 3 THE TAIWAN Stock Exchange will be implementing its second-generation fully automated trading system sometime next year. This was disclosed to Business Times by Dr Huang Nai-Kuan. deputy director of the Taiwanese exchange's data processing centre. Dr Huang is in Singapore to
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    • Article, Illustration
      EMS financial revamp plan to be delayed
      430 3  -  By William Chia SHAREHOLDERS and creditors of problem-ridden Elec-tro-Magnetic (S) Ltd will have to wait a little longer to hear about the financial restructuring plans for the company. EMS directors have asked that the deadline for their submission of the company's statement of
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    • COMPANY BRIEFS
      • Article
        MGIC has not finalised Fraser's Hill finance
        66 3 MALAYSIAN General Investment Corporation Bhd said yesterday that the sources of finance for the development of Fraser's Hill has yet to be finalised. In a statement, MGIC, which is undertaking the development of the hill resort on a joint venture basis, added that
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      • Article
        Berjaya awaits approval
        95 3 BERJAYA Corporation (Malaysia) Berhad has announced that the acquisition of 5.36 million ordinary shares of 50 sen each in Sports Toto Malaysia Bhd is subject to the approval of the Foreign Investment Committee, shareholders and any other relevant government authority. As for its employee share option scheme,
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      • Article
        MPHB consolidates interest
        120 3 MULTI-PURPOSE Holdings Berhad has completed its aim of consolidating the interest in Magnum Corporation Berhad through subsidiary Dunlop Estates Berhad's proposed acquisition of a 32.9 per cent interest in Magnum from Inter-Pacif-ic Industrial Group and the consequential mandatory general offer for the Magnum shares which Dunlop does
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      • Article
        MCB's appeal rejected
        54 3 MCB HOLDINGS said the company was not successful in its appeal to the Malaysian Finance Minister for reconsideration on its proposed acquisitions of 6.7 million ordinary shares of Msl each in Immetec Sdn Bhd and 4.14 million ordinary shares of Msl each representing 98.64 equity interest in
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      • Article
        Parit sells Pulmas shares
        47 3 PARIT Perak Holdings Berhad has entered into an agreement to sell its entire three million shares of M$ 1 each in Pulmas Sdn Bhd, a wholly-owned subsidiary which manufactures glucose and caramel, to Kong Long Huat Chemicals for Ms 2 million in cash.
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      • Article
        Union Paper to expand capacity
        132 3 UNION PAPER Holdings Bhd plans to expand the produo tion capacity of the paper manufacturing plant belonging to.; wholly-owned subsidiary United Paper Industries Sdn Bhd,its chairman Datuk Haji Abdul Aziz Hussain said. In the company's latest annual report for the financial year ended Aug 31,
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      Page 3 Advertisements Column 1
      217 3 Si's MEAN A IOT AT SHERATON IITTIE THINGS MEAN A lOT AT SHERATON UTTIE THINGS MEAN A LOT Meet us Before You Meet For Business At Sheraton Utama, we can give all the help you need to host a successful business meeting For instance, we have a choice of 4
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        TLII to shift production from Thailand to M'sia
        70 4 TLII Co. a subsidiary of US firm Tower Laser Industry Ine which is one of the world's major computer disk drive component suppliers, plans to move its production facilities from Thailand to Malaysia because ot restrictive government regulations. Executive director Chienchuang Kalayananntr
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      • Article
        Siam Chemicals to raise capital
        85 4 SIAM CHEMICALS CO last week signed an agreement with a group of finance firms to underwrite the sale ot four million shares as part of its plan to raise its capital from BtBo million to Bt 120 million for several investment projects. Of the new
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      • Article
        Thai President Foods ahead
        109 4 THAI PRESIDENT FOODS' unaudited net profit during the fourth quarter was 52.314 million baht or 6.85 baht a share, a 39.44 per cent increase from 37.516 million baht or 6.25 baht per share during the same period in 1989. Its sales turnover was 396.703 million baht,
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      • Article
        Japanese developer bankrupt
        48 4 JAPANESE real-estate developer Aoyama Building Kaihatsu Co Ltd has gone bankrupt with estimated liabilities of 110 billion yen, Tokyo Shoko Research Ltd. a credit agency, said on Monday. Aoyama Building was capitalised at 25 million yen and posted sales of 8.5 billion yen in 1988.
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      • Article
        Kikkoman's French investment
        54 4 JAPANESE soy-sauce giant Kikkoman Corp said on Monday it has bought a 20 per cent share in the French wine firm Amman Vins SA, which operates Beaujolais and Burgandy vineyards. The investment, worth just over one billion yen, enables Kikkoman to assign a senior Japanese executive to
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    • Article
      HK to tighten rules on voluntary delisting
      540 4 New rules would require support of minority shareholders THE HONGKONG stock exchange is pressing ahead with new rules to prevent companies voluntarily delisting without the support of their public shareholding, the South China Morning Post reported on Monday. This move is aimed at
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    • Article
      High bids bag broker licences for five Thai firms
      203 4 THE Stock Exchange of Thailand (SET) granted broker memberships to five securities firms whose high bids for the new liccnccs surprised the Thai equity industry. SET officials said the five successful bidders beat nine rival applicants. The additional licences brought the
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    • Article
      Peregrine seeks approval for Bangkok office
      276 4 HONGKONG'S international Peregrine Brokerage Ltd is seeking final approval from the Bank of Thailand to open an office in Bangkok, the South China Morning Post reported on Monday. Another Peregrine associated company. Peregrine Futures. is on the verge of securing a membership on the
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    • Article
      Srivikorn group plans 2-billion baht project
      241 4 THE SRIVIKORN group plans to develop a two-billion baht project which includes a 300-room hotel and an office and shopping plaza on its Ploenchit Road site near the Le Meridien President Hotel, the Bangkok Post reported on Monday. Group director Dr Boonserm Veesakul said
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    • Article, Illustration
      SET puts off computerised trading
      251 4 THE STOCK Exchange of Thailand has scrapped plans to begin computerised trading on Feb I because of poorquality telephone lines and the incompatibility of the brokers' and SET's computerised systems, the Bangkok Post said on Monday. After a meeting of the computerised trading system steering
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    • Article
      Suspension for Tokyu Construction
      175 4 THE TOKYO and Osaka stock exchanges suspended trading of shares in Tokyu Construction Co Ltd from 0115 GMT yesterday for at least the rest of the day. a Tokyo Stock Exchange official said. The suspension followed the second failure of Aoyama Biru Kaihatsu. a Tokyo property
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    • Article
      SHK continues share buying spree
      186 4 TAKING ADVANTAGE of the depressed market. Sun Hung Kai Hongkong Industries is continuing its buy-up despite criticism that its purchases have been indiscriminate. Fresh from a proposed purchase ol" a I V? per cent stake in the San Miguel Brewers through j shjrc swjp ttv
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      103 4 Romance Valentine Q%y Earlier 0n 13 jftibrmry g«| f jJH So you can celebrate your Reunion Dinner on 14 February Valentine's Day and Chinese New Year. Two very special days. And we've made it possiblefor you to enjoy both of them. Celebrate love at The Pinnacle on 13 instead of
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon McDonald's income for 1990 hits record high
      286 5 NYT McDONALD's Corp reported yesterday that its net income rose 8.8 per cent in the fourth quarter, to a record $186.2 million, and was up 10.4 per cent for all of 1990, to $802.3 million, also a record. But analysts said that the
      NYT  -  286 words
    • Article
      Lock icon K Mart continues expansion plans
      239 5 UPI AS retailers across the US bemoan tough times, K Mart Corp is quietly continuing an ambitious $2.3 billion expansion and modernisation plan, announced last year. The five-year plan to open new stores and update existing sites is on target, despite the soft retail climate
      UPI  -  239 words
    • Article
      Lock icon More oil firms report gains
      254 5 NYT THE ranks of large oil companies posting sharply higher profits for the fourth quarter grew yesterday, with Areo, Phillips Petroleum, Unocal, Amerada Hess and Pcnnzoil each reporting substantial gains, largely because of higher crude prices. The gains were especially pronounced because results at Phillips.
      NYT  -  254 words
    • Article
      Lock icon Procter & Gamble profit up 13.2pc in its second quarter
      488 5 Procter Gamble profit up 13.2pc in its second quarter NYT HELPED largely by sales abroad, the operating profit of Procter Gamble Co, the world's largest maker of detergent and personal-care products, rose 13.2 per cent in the second quarter. Sales were up slightly more. Net income was up 40 per
      NYT  -  488 words
    • COMPANY BRIEFS
      • Article
        Drugs firm divided
        76 5 EAST Germany's sole pharmaceuticals wholesaler has been broken up into three units and sold to western German firms, the Treuhandanstalt announced yesterday. The agency, tasked with privatising the assets of former East Germany, said that a condition of the deal was that only 300 jobs be axed
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      • Article
        There's no stopping Siemens
        50 5 GERMANY'S federal cartel office said it had found no reason to block a takeover by electronics group Siemens of two cable makers in what was East Germany. Siemens announced its plans to acquire the two firms, Kabelwerke Meissen GmbH and Schweriner Kabelwerke GmbH earlier this month.
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      • Article
        Nadir remanded on bail
        63 5 ASIL Nadir, chairman of beleaguered British-based conglomerate Polly Peck International pic, has been remanded on bail, a Serious Fraud Office official said. Nadir, a Turkish Cypriot-born businessman, was charged with 18 counts of theft and false accounting relating to more than £25 million ($49 million) belonging
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      201 5 t igr i* i*ji^^^^■■■■■■KiiMßSu^^^^^B P7 .LULU ai^l^iaiHHWßSPi^gj— —-=mJ^mmm—SMl— Capital (low in accordance to the heights of interest For the New Accord you can bank on it for capital gam As market forces would dictate even in the current state of affa.r of the quota system. the New Accord w.ll always
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        NZ central bank rejects debt rescheduling
        108 6 NEW ZEALAND'S central banker, the Reserve Bank, on Monday said it was "out of the question" that the country would seek to reschedule its foreign debt. Last week, an independent economist, Lcn Bayliss, warned that a downgrading of New Zealand debt by New York
        108 words
      • Article
        Tokyo banks lend to China
        108 6 SEVEN JAPANESE BANKS on Monday signed an agreement in Hongkong to lend US$5O million to a major Chinese state corporation, bankers said in Tokyo on Monday. The loan to China's international investment arm, China International Trust and Investment Corporation (OTIC), has a five-year term, with
        108 words
      • Article
        Taiwanese bank eyeing Penang
        76 6 THE COMMUNICATIONS BANK of Taiwan wants to set up a branch in Malaysia. Its chairman, Mr Liang Kuo-Shu, said in Pcnang on Monday that the bank plans to service especially the growing Taiwanese business community and investors in Malaysia. The bank would attract more Taiwanese investors
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      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
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    • Article
      Lock icon German money market faces transitional phase
      584 6 Reuter GERMANY'S money market will face a new challenge next month as banks in the cast of the country try to come to terms with changcd financing rules which bring them closer into line with west German banks. West German economists said smaller banks
      Reuter  -  584 words
    • Article, Illustration
      Lock icon Deposit insurance fund may run dry
      317 6 AP THE BUSH administration has forecast that the US government fund insuring bank deposits will run out of money next year unless banks shore it up with billions of dollars. The forecast, to be included in the White House's budget due out on Feb
      AP  -  317 words
    • Article
      Lock icon Freeing of rates could shake out M'sian banks
      519 6 Reuter A SURPRISE move by Malaysia to free interest rates from central bank control will in a single stroke shake out the highly protected banking sector and promote its fledgling secondary capital market, analysts said. InctYicicnt banks will be weeded out. Allowing
      Reuter  -  519 words
    • Article
      Lock icon Merrill's 4th-quarter earnings up
      390 6 NYT MERRILL LYNCH Co, America's largest broking house, reported higher fourth-quarter earnings on Monday, but that compared with the fourth quarter of 1989, when the company took a large restructuring charge. Merrill Lynch earned US$3O.3 million, or 23 cents a share, on revenues of US$2.Bl billion,
      NYT  -  390 words
    • Article
      Thai financial sector must keep up with changes: banker
      399 6 INSTITUTIONS within the Thai banking and finance industry will have to make major adjustments over the next five years to keep pace with a rapidly changing world, says a leading banker in the counlry According to Inc Bangkok Host on Monday,
      399 words
    • Article
      Lock icon No comment on UK councils' swap deals
      252 6 Reuter THE BANK of England declined comment on a newspaper report that it will sponsor a law to make local government councils pay up on interest rate swap deals following a controversial legal ruling last week. The House of Lords, Britain's supreme court
      Reuter  -  252 words
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      974 6 r S THE FUJI BANK,LIMITED (Incorporated in Japan) I Non-Consolidated Balance Sheets I Non-Consolidated Statement of Income I As at March 31. 1990 For year ended March 31. 1990 I Millions of yen Millions of yen I 1990 IW 1990 1989 I ASSETS INCOME Cash and Due from Banks *13.511.426
      974 words
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      Page 6 Advertisements Column 2
      41 6 High Yielding Commercial Property In Auckland New 4-storey office NLA 30,685 sq ft. Freehold Tenure. Fully let to International tenants on long lease. Price NZ$6 million only ($196 psf). Net Initial Return 13% Receivers' Sale More details call Lee Hon Kiun
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      104 7 8 ROBINSON ROAD. WITH GRANITE,.^ SETTING A NEW 1 I I STAINLESS STEEL f mi vc I I "VHI P'Vv I 111 I<N*1 <N I I II ***** I I j i v ~L— mmm I i *i .B V I II 1* nJ 1 i rj] I V -fcp
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  • THE WORLD
    • WORLD WATCH
      • Article
        EC approves US$3b loan to help Greece
        108 8 EUROPEAN COMMUNITY finance ministers have agreed to lend about 2.2 billion European Currency Units (US$3 billion) to Greece to help rescue its struggling economy. "Ministers agreed in principle that medium-term financial assistance to the balance of payments, of the order of 2.2 billion
        108 words
      • Article
        Sakhalin governor in Taiwan
        70 8 THE GOVERNOR of the Soviet Pacific island of Sakhalin met Taiwanese agricultural officials in Taipei on Monday to discuss possible joint fishery development. A Taiwanese MP who helped arrange the trip said Valentin Fyodorov and an entourage of six, who arrived last Sunday tor a five-day
        70 words
      • Article
        Investments in east Germany
        71 8 PRIVATE INVESTMENTS from former west Germany in the united country's East will total about 26.5 billion marks (US$l7.9 billion) this year. The Munich-based IFO economic institute said in a report commissioned by the Bonn government that investments by the processing industries would make up the lion's
        71 words
      • Article
        M'sia finalises banking links
        95 8 BANK NEGARA Malaysia has concluded bilateral payment arrangements for trade with the central banks of Mexico, Romania, Venezuela and Chile. The agreement with Mexico would take effect from March 1 while those with Romania, Venezuela and Chile were expected to take effect before the end of
        95 words
      • Article
        KL sponsors foreign trainees
        93 8 MALAYSIA has spent US$4.B million on training officials from developing countries under its foreign aid programme. Deputy Foreign Minister Abdullah Fadzil Che Wan said in Kuala Lumpur on Monday that the money was used to sponsor some 2,000 officials from 70 countries for courses at Malaysian
        93 words
      • Article
        Hanoi approves 109 projects
        47 8 THE VIETNAMESE GOVERNMENT last year approved 109 foreign investment projects. The Vietnam News Agency reported on Monday that the projects were in industry, tourism, fisheries, forestries, petrol, gas. transport, communications and posts and totalled U*****.7 million, with US$ll3 million coming from Vietnamese partners.
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      • Article
        Burma auctions off jade
        51 8 BURMA sold some US$l.36 million worth of jade, jade carvings and other jewellery at an auction on Monday at the Burma 28th Annual Gems Emporium in Rangoon. The official Rangoon Radio said a total of US$l.36 million of jade carvings and jewellery were sold at the
        51 words
    • Article
      Lock icon Thai economy expanded 10 per cent last year
      479 8 Growth expected to slow down this year AP THAILAND'S economy grew about 10 per cent in 1990, the fourth consecutive year of major expansion, but growth is expected to fall to about 7 per cent this year. The Bank of Thailand said
      AP  -  479 words
    • Article
      Lock icon Foreign investors cancel businesses in Moscow
      495 8 AP SOME foreign businesses have cancelled or suspended investment plans in the Soviet Union since the crackdown in the Baltics, a Moscow official said. But established investors said it was too early to pull out. Soviet Deputy Mayor Sergei Stankcvich's remark on Monday was
      AP  -  495 words
    • Article
      Lock icon Tokyo lags behind in Soviet investment
      179 8 Reuter JAPAN trails far behind the US and Western Europe in investing in the Soviet Union, and clcarcr ownership laws arc essential to spur greater investment there, says a Japanese study. A report released on Monday by the Japan External Trade Organisation (Jctro) said
      Reuter  -  179 words
    • Article, Illustration
      Lock icon Polish PM confident about getting debt cut
      370 8 AP POLISH Prime Minister Jan Krzysztof Biclccki is optimistic that Poland's Western creditors will agree to slash part of its US$45 billion foreign debt. "Wc sec the will of the Western world to support the reforms taking placc in Poland." said Mr Biclccki
      AP  -  370 words
    • Article
      Lock icon Hungary expects turnaround next year
      389 8 Reuter THE AUTHORS of Hungary's new economic blueprint arc projecting the country's slide into recession will halt and perhaps start to reverse in 1992. Almos Kovacs. deputy state secretary in the Finance Ministry, said officials drawing up the new plan assume Hungary's transition to a
      Reuter  -  389 words
    • Article
      Lock icon Argentina's economic team quits amid crisis
      223 8 Reuter ARGENTINA'S economic team has resigned following a 12.7 per cent fall in the austral currency threw doubts over the future of the fragile economy. Presidential spokesman Humberto Toldco said in Buenos Aires on Monday that President Carlos Menem, who met the economic Cabinet
      Reuter  -  223 words
    • Article
      Lock icon EC official hopeful of progress on world trade talks
      248 8 Reuter A SENIOR European Community official has said that the European Community farm reforms now being discussed by member nations could help restart the stalled talks to liberalise world trade. But a US official was less hopeful that the talks EC
      Reuter  -  248 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      168 8 Kuala Lumpur's <3~jr new event-centre Located at at No. 1, Jalan Sultan Ismail A specialised upmarket retail and display centre designed with emphasis on fine quality. Holiday-Inn City Centre Hotel Grand Continental Hotel T v Shangri-La Hotel Concorde Hotel (New) (Formerly Merlin) AKC+9IA I /Ci lis. Equatorial Hotel Hilton Lodge
      168 words
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  • THE GULF WAR
    • Article, Illustration
      Muslims will be alienated if war goes beyond fasting month: don
      416 9  -  By Harish Mehta IF THE Gulf war continues beyond the Muslim tasting month, which starts on March 18. it will alienate the Islamic world, a British international affairs expert said yesterday. However. Professor 1 revor Taylor, head of the
      416 words
    • Article
      Lock icon Why didn't those oil price forecasts come true?
      526 9 What should have gone up has instead come down hard AP DURING THE WEEKS and months before the war with Iraq began, the world was deluged with predictions about how high oil prices would rise. Experts were saying crude oil could hit
      AP  -  526 words
    • Article
      Lock icon IEA to release oil reserves despite price fall
      348 9 NYT WHILE the International Energy Agency (lEA), the West's energy watchdog, reaffirmed its decision to go ahead with an emergency plan to otYcr two million barrels a day of extra oil supplies, the US Energy Department disclosed on Monday that it had
      NYT  -  348 words
    • Article, Illustration
      Lock icon The calm after the storm
      38 9 American soldiers from a Patriot anti-missile battery enjoying a day off at a lei Aviv beach as they chat with Israeli women after a night without Iraqi Scud attacks. Reuter picture Reuter picture
      Reuter picture  -  38 words
    • Article
      Lock icon Iran now 'holds' 100 Iraqi planes
      198 9 Reuter IRAQI PRESIDENT Saddam Hussein has sent about MM) combat and transport aircraft to neufal Iran oter the past three days, apparently to sate them from allied attacks. According to military sources, allied forces have now achieved air supremacv over Kuwait and Iraq, hence
      Reuter  -  198 words
    • Article
      Lock icon Germany pledges to carry fair share of war costs
      346 9 AFP GERMANY has pledged to earry a "fair share" of the cost of the Ciulf war, and has pledged an unspecified further sum in addition to the 5.45 billion marks (US$3.5 billion) it has already spent. Speaking after a meeting of
      AFP  -  346 words
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      Page 9 Advertisements Column 1
      231 9 lIBP' I Canadian Overseas College WHAT'S IN A CANADIAN EDUCATION FOR YOU? 1 A Canadian education otters: I Instruction provided by certified Canadian teachers I A curriculum developed in accordance with Ontario Ministry I guidelines I •An internationally recognized diploma the Ontario Secondary School I Diploma (0.5.5.D.) to graduating students
      231 words
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  • Article
    Silent casualty of war
    468 10 EDITORIAL ONE OF THE earliest casualties of the Gulf War was free trade. The blow to free trade was not a result ot closure of shipping lanes in the Gult but was due to the disappearance of the deadlocked Uruguay Round of Gatt talks from the
    468 words
  • WHAT THE OTHERS SAY
    • Article
      Roll out the rules
      215 10 THK STOCK Exchange of Singapore has issued guidelines stating in no uncertain terms that multiple applications tor initial public offerings are banned. A person is considered to have submitted multiple applications if he sends in more than one application for a new share issue or applies
      215 words
    • Article
      A test of unity
      138 10 MUCH HAS been said about Singapore MalayMuslims* reactions to the Gulf war. Results of the survey recently conducted by the SPH Research and Information Department confirmed earlier reports that Muslim Singaporeans' perceptions and reactions are different from those of the other commu- nities. But as the
      138 words
    • Article
      A question of promotion
      126 10 MR ONG Teng Chcong pointed out recently that more and more private organisations are deliberately promoting workers to the rank of executives to prevent them from being in the union. In considering whether to amend the law ot industrial relations, a few basic principles should be
      126 words
  • REGIONAL VIEWPOINTS
    • Article
      No room for complacency
      167 10 THE TERRORIST alert issued by the US. British and Australian embassies in Bangkok last week, coupled with an allegation published in the Los limes last Thursday in which a Filipino official was quoted as charging that Thailand was the "logistics centre" for pro-Iraq terrorists (arrested in
      167 words
    • Article
      An affront to mankind
      234 10 SADDAM HUSSEIN has added to his catalogue of crimes by targeting the environment tor systematic assault during his war with the United Nations alliance. The unleashing of an estimated eight million barrels of crude oil into the enclosed waters of the Persian (iulf and the torching
      234 words
    • Article
      Improving perceptions
      88 10 THE TOURIST industry has obviously become one of the first victims of the war in the Gulf as the crisis has removed the first foundation of the world's travel business safety and security. However, a mistaken marketing perception has often discriminated against travellers from Asia. The (iulf War
      88 words
  • Article, Illustration
    Family affairs of the Thai-Chinese
    736 10  -  A booming economy in Thailand has not reduced the domination of the country's powerful Chinese families, reports The Economist The Economist SINCE the Second World War. a handful of Chinese families have reigned over Bangkok's economy, which accounts for over half of Thailand's output. As
    736 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      17 10 Doonesbury's Gary Trudeau is down with influenza Keep your investment decisions on target CHARTPOINV EVERY SATURDAY X
      17 words
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      Page 10 Advertisements Column 2
      128 10 n upT LIVING II EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don t, you 11 know you're alive after that exciting, exacting or simply emaciating week of work. So don t throw in the high-flving
      128 words
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  • ANALYSIS
    • Article
      Lock icon A war which America cannot afford to lose
      544 11  -  How to end poverty? Peter Applebome and Jason DeParle report on the many ideas which have been floated Jason DeParle Peter Applebome NYT WANTED: An American antipoverty policy. Strategy must offer reasonable prospect for ending cycles of dependency and despair that disfigure
      NYT  -  544 words
    • Article, Illustration
      An envoy with a strong commercial background
      980 11  -  Singapore's new British High Commissioner is a man who quite literally knows his business, as BTs Economics Correspondent, Kenneth James, found out in an exclusive interview Kenneth James BUSINESS is certainly no stranger to Britain's new High Commissioncr to Singapore, Gordon Aldridge Duggan,
      980 words
    • Article, Illustration
      Lock icon Scripted trials: A matter of performance
      548 11  -  The trial of Chinese student leader, Wang Dan, has been described as more theatrical, than judicial. Sheryl WuDunn reports Sheryl WuDunn NYT THE three-hour trial of Wang Dan, the student leader sentenced on Saturday to four years in prison, unfolded as smoothly as the
      NYT  -  548 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      147 11 fTH Office units with areas ranging I lIP from 1,300 sq ft to 29,000 sq ft J_ ±lSj at attractive rentals. 11 "1 The Adelphi is right In the heart of the i walkin Q distance of the LA 4 I#-*| I II 1 I financial district, major office buildings
      147 words
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  • FOCUS
    • Article, Illustration
      Lock icon Cautious response from East Europe
      886 12 Reactions to the Soviet crackdown on the Baltic republics NYT EASTERN Europe's new democracies are taking a cautious approach to the Kremlin's crackdown against the Baltic republics, joining the West in words of condemnation but stopping short of any move that might put a new
      NYT  -  886 words
    • Article
      Lock icon Chinese show little interest
      334 12 NYT WHILE some Beijing residents sec parallels between the Soviet crackdown in Lithuania and Latvia and the Chinese army's destruction of the Tiananmen democracy movement, there seems to be little interest in China in the events in the Baltics and most people express only mild sympathy
      NYT  -  334 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      29 12 If you're an expert in your field you'll know that we're the expert in ours. foA THE BEST VAUJE. /f fy 1/ CALL: 747 8622 FOR ENQUIRIES. FAX: *****65
      29 words
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      Page 12 Advertisements Column 2
      173 12 THE GROWTH TRIANGLE A Special Business Times Survey I February £6, 1991 I The Growth Triangle began casually as an idea. Singapore. I Batam. Johor. Singapore has a rich pool of managerial talent. I Batam and Johor are rich in natural resources, land and labour. I Combine the three and
      173 words
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  • SPORTS
    • Article, Illustration
      Indonesia, HK make it to main qualifying round
      520 13  -  Dunhill Cup By Cassandra How WITH seven holes to decide the better score, Dominque Boulet of Hongkong still managed to control the situation despite being one stroke behind Malaysian Sufian Tan at the Dunhill Cup yesterday. He approached the long par-3 12th
      520 words
    • Article
      Lock icon Henke finds winning a bit hard to believe
      448 13 AP NOLAN HENKE figured his first US PGA victory would not come until he reached the Seniors Tour. Instead, the third-year pro is a two-time winner at the age of 26 after taking the Phoenix Open on Sunday. Henke. who led from
      AP  -  448 words
    • Article
      Lock icon War forces Arab sports into hibernation
      400 13 AFP THE US-LED Operation Desert Storm to oust Iraqi troops from Kuwait has succeeded in driving Arab Gulf sports into hibernation. Sports coverage has come to a virtual standstill across the region, with newspapers, even specialised ones, giving exclusive billings to reports from the
      AFP  -  400 words
    • SIDE LINES
      • Article
        Watch out, the Soviets are coming
        143 13 THEY lack money, sponsors, infrastructure and experience but have talent and potential. The Russians are on the way back in Alpine skiing. They proved it at the World Championships in Austria on Saturday when student Svetlana Gladishiva had Petra Kronbergcr close to tears as
        143 words
      • Article
        Gooch leads charge
        122 13 ENGLAND'S captain Graham Gooch led a dramatic bid for victory with his 13th Test century on the fifth day of the fourth Test against Australia in Adelaide yesterday. England had been set to make 452 on the final day, and on 115 at lunch it seemed they
        122 words
      • Article
        Sainz loses more time
        75 13 CARLOS SAINZ of Spain lost another 30 seconds off his overall lead on Monday, but still held a nine-second advantage over Frenchman Francois Delecour after three days and 18 stages of the Monte Carlo Rally. Sainz, driving a Toyota, began with a 54-sccond advantage over Italy's
        75 words
      • Article
        Andretti to drive for McLaren
        79 13 BRITISH Formula One motor-racing team McLaren has signed American Michael Andretti, son of former world champion Mario, as a test driver for 1991. Andretti, one of the most respected young drivers in Indy car racing in the US, will make his first appearance in a
        79 words
    • Article
      Lock icon The thinking man's fighter
      742 13 Reuter CHRIS EUBANK says boxing is a barbaric sport "a mug's game" and likes to hurry home to his wife and baby son after a hard day at the gym. Despite earning a living with his fists, the newlycrowned World Boxing Organisation middleweight champion has little
      Reuter  -  742 words
    • Article
      Lock icon Canada faces tough qualifier in Davis Cup
      380 13 AP CANADA will need luck and hard work to eliminate Spain in their Davis Cup world group tennis match in La Manga, Spain, this weekend. Canadian team's captain Pierre Lamarchc said on Monday that his team, which arrived in Spain last Friday, is
      AP  -  380 words
    • Article, Illustration
      Lock icon Australia breezes past US in 12-Metre Challenge
      174 13 AP AUSTRALIAN captain Peter Gilmour completed a 4-3 victory over American John Bcrtrand in the 12-Metre Challenge yachting series at Australia's Sydney Harbour on Monday. Australia led 3-1 going into the final day of racing and Californian Bcrtrand needed to win all of
      AP  -  174 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1100 14 WHEBE TO WINE, PINE AND ENTEBTAIN WHERE TO WINE, PINE AMD EMTEBTAIN WHEBE TO WINE, DINE Some of our best advertising is fay \vord~ of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. I he Palm (irill is the name on everyone's Itpv Reservations. 330 8310 or 338 8585
      1,100 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      806 14 TELEVISION AND RADIO TV*/-* Dni-IIVI T>S\r*lr SBCI2 Z Mtgr-TTrtN. J a Kf" W I BUSINESS ON RADIO A llv Oeriin ISIOvK 7.25 PM 0n« Foot In The Grave -i 9M At Nine. m Relics BBC, 89.9 mMz in VHF Band II The B.g Sleep. Victor Ibe- M 5 7.00 CabHevT&woH,
      806 words
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  • LIFESTYLE
    • Article, Illustration
      Showcase for Singapore writers
      534 15  -  A collection of three volumes of writings by local authors has just been published. Claire Leow reports. Claire Leow FOR THE first time, a collection of fictional writing in the four main languages by Singapore writers is available. The Fiction of Singapore, which consists of 99
      534 words
    • Article, Illustration
      Lock icon The Paris shows must go on
      860 15 Despite worries about the war in the Gulf, Paris went on with its annual spring fashion spectacle to protect jous in the industry Agencies DESIGNER Pierre Cardin < summed up ■< the mood of this year's Par- is spring haute couture spectacles the show
      Agencies  -  860 words
    • Article, Illustration
      Hammer tops list of AMA winners
      625 15 CHATTERBOX RAPPER M C Hammer dominated the 18th annual American Music Awards on Monday, wining five trophies while janet Jackson picked up three awards in a ceremony marked by tributes to the armed forces overseas. "I'd like to dedicate this award to the troops
      625 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      277 15 AND ENTEBTAIN AYen For Fresh Japanese Food. I IS LUNCH: II I ffSS to2,spm I 8"5 3 DINNER: fcJOPM TO I I £jg 1C I f jj 111 9 PRICES SL BJK I I f f I SB ro M%SEKVK i I WSIiMI CHARGE AND I 111 --I i HI
      277 words
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      Page 15 Advertisements Column 2
      216 15 s Restaurant and 1 KUIaA Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Savour Authentic Russian Cuisine-right in the heart of the Central Financial District. We create the perfect place for lunchtime and dinner entertainment. Our specialities include Chicken A La Kiev, Lobster A La Russe, Shashlik A La Troika and
      216 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares dip on blue-chip selling after 3-day gain
      871 16 THE SINGAPORE stock market ran out of steam yesterday following three consecutive days of gain as investors unloaded index-linked and trustee stocks. A three-point gain in the Straits Times Industrials Index attained during the first half-hour of trading was wiped out as
      871 words
    • Article
      Untitled
      3739 16 II h ,Q9W/ ,J Vol Day Ijim Quote Div Di* Vld Net M Cap m (ode Company Sale +or- ('000) High Ixm Buyer Seller C*r P/F. Smil INDUSTRIAL ft COMMERCIAL 277 152 1000 Acma 179 -5 804 189 179 175 179 109.7 290 165 1142 Alex Hldgs 50« 210 6.0
      3,739 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3751 17 Main Board SPH Foreign 1100 40 +18% Orchard Parade 490 +30 6.5% Keppel Corpn 635 +15 +2.4% DBS Foreign 1080 +10 0.9% Spore BusF 500 630 V 10 H 6% Keppel C Wrts 344 +10 3.0% J Cement 232 +9 +4.0% Ssangyong 50* 250 +7
    3,751 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      284 18 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) c&c Ian 14 Sep 90 J53.947(J34.649) 30 8(23 5a) 15(8 5a) KtN lan 14 Sep 90 $53.080($62 868) 30 1(365) 1/9(1/9) H Msia lan 14 Sep 90 $1.886($402) 11 4(24) 20(5)
      284 words
    • Article
      PRELIMINARY RESULTS
      190 18 Company Date Year Group pro-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) H leong Credit Jan 8 )un 90 M$35.181 (MJ25.440 21 8(16 4) 10(10) leong Huat Jan 2 Dec 89 J182L($356t) -<-> -<- > Pacific Can Oec 28 Sep 90 $l,387l($562h) -(0
      190 words
    • Article
      INTERIM RESULTS
      250 18 Company Oat* Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) Satetas Dec 31 Sep 90 MJ462L (J369L) Man Dec 28 Sep 90 $10.458(-) -(10) MC8 HMgs Dec 27 Sep 90 MJ1.333($l.319L) -(2 5) Peg. Msja Dec 27 Sep 90 M$3,590($294l) Alex HMgs Dec 26 Sep 90
      250 words
    • Article
      CORPORATE DEVELOPMENTS
      1166 18 Lan 28 Marine based Chuan Hup Holdings will soon be expanding into third party shiprepainng by |oimng forces with either a local or foreign partner Parkway Holdings has divested its entire 50% stake in freight forwarder Wrexham Holdings for $8 4m to Richard Choo Huan Cheong lan 26
      1,166 words
    • Article
      DIVIDENDS ANNOUNCED
      362 18 Current Ex BmIu Data Total far Total for payment data cfasa payable the year last year MP NYA Dec 14 lan 3 Feb 15 NYA 2 8% hta Find USSO 10(b) Mar 18 Mar 78 Apr 8 USSO10 Awno 5%Tl Feb 25 Mar May 15 125%Tl 25%TE Bvjayj
      362 words
    • Article
      RESULTS DUE
      627 18 Singapore Stacks Last Full Year Company Penod Oat* Year Net EPS Gran Net mnouiced endnf (cants) 4* profit last r«ar (WO) CM Padujnf Interim Nov 13 Ok 90 29 7 13? 11.616(e) MT Interim Ian 10 Jun 91 254 2 1500 773 Khan( Guan Interim lan 12 Apr
      627 words
    • Article
      APPROVED ISSUES
      170 18 Company Rights issue Causeway fcw Three-tor tour $0 60 per share Ei-date Dec 10 Books close Dec 20 Acceptance Payment Feb 1 M Mosaics One tor one (tu M$1 50 per share £i4ate Dec 10 Books close Dec 26 Acceptance Payment Feb 11 Company Bonus Issue Oriental Hdp
      170 words
    • Article
      BONDS, LOANS & WARRANTS
      703 18 BONDS, LOANS WARRANTS Cwgg Cowvareten $m*4 Coiwrri— tonw hr «*■my than CtC Nt Before 26/4/93 1 warrant phis $3 09 cash Causeway loan Causeway Nl 2/10/89 to 20/10/94 1 warrant plus JO 77 cash oc 1 warrant plus SO 77 nominal amount of loan stock Chuan Notes Clu» ft* Nt
      703 words
    • Article
      RECORD HIGHS & LOWS
      153 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1981 M* 1076.07 28/1/91) |»J *****m: *****2 (16/1/91) »1 1£!5 J5/521 1990 1435.43 (16/7/90) 990 J* 607 12 <27/3/90> 1990 Iwr 981.07 (09/11/90) »0 tar 079 50 11/ 0 90 1989 ME *****0 (28/12/89) 1989 Mt 1487 76 26/12/89) 989 tar
      153 words
    • Article
      COMPANY MEETINGS
      145 18 Frascr I Neave ltd: 92nd AGM and EGM at 475 River Valley Road, Singapore 1024 on Thursday, Jan 31, at 10am. Roiy Electric hdustries (M) Bhd: EGM at Ballroom 3, Ist Floor, Ming Court Hotel, Jalan Ampang, ***** Kuala Lumpur on Monday, Feb 4. at 3.30pm. Cyde I
      145 words
    • Article
      PROPOSED ISSUES
      296 18 Company Rights Issue Mean One tor two n. M$1 00 pet share Issue of 40m Cumulative Redeemable Preference Shares ol MJO 10 each at M$t per share with 10m detachable TSR Bolton One to tour to, MS200 pet Shaft FAC8 Capital Reduction Scheme to reduce par value of
      296 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      88 18 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close higher on bargain-hunting
      900 19 Bernama BARGAIN-HUNTING in the afternoon session swept aside investors' cautiousness to lead share prices in Kuala Lumpur to a higher close yesterday. The KLSE Composite Index at the close firmed 4.48 points to 489.72 while the Industrial Index was 2.95 points higher at 982.25. At
      Bernama  -  900 words
    • Article
      Untitled
      3087 19 1990 I jist Vol Diy Net C <ip Hfch low Company Sale HOP High !/>» P/F Smil INDUSTRIALS 188 165 A1SB SO 1 174 1 '5 174 172 42.4 178.5 388 310 ASM 50» 340 2 67 342 332 30.4 >395.7 2% 280 Acidchem 295 255 250 Ajinomoto 252 22.3
      3,087 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      136 19 NEWS FLASH g V+l rw jS? I i^«22"2U» T>r. r» T-* r -r *»'^JS-L°s- imes "fg€f| ll IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry Every day it brings you: Bunker Reports. Shipping Agents' List, Freight Rates and a guide
      136 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices close lower in thin trading
      2207 20 Reuter TOKYO STOCKS closed lower in thin quiet trade that was accented late in the day by a bout of high-tech blue-chip purchases, particularly by one Big Four broker. "1 here were signs ol foreign buying of high-tech stocks, particularly highpriced video-game makers,
      Reuter  -  2,207 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Profit-taking pulls stocks down slightly
      2259 20 HONGKONG stocks sagged slightly on the day as profit-taking yanked the blue-chip Hang Seng index from a day's high of 3,217 points. The Hang Seng ended at 3.192.90, 5.39 points down from Monday's close alter a threeday rally in heavy turnover. "After the significant advance
      2,259 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks break through 1,300 level
      • Article
        AUSTRALIA
        791 21 THE Australian share market yesterday broke above the 1,300 point psychologieal support barrier for the first time in more than six weeks as loeal and offshore investors picked up leading industrial stocks. Brokers said buying was boosted by a lack of bad news from the Gulf and more encouraging
        791 words
      • Article
        NEW ZEALAND
        107 21 FALLING domestic interest rates and a mix of local and overseas buying combined to take leading New Zealand shares higher on reasonable volume. "It was definitely a lot better today," said Charles Batchelor of CS First Boston. "It might be now that we start to sec a drifting
        107 words
      • Article
        BANGKOK
        706 21 SHARE prices moved up slowly in moderate trading on the Thai stock market with the Securities Exchange of Thailand (SET) index rising 0.62 points to close at 637.87. "The market was not very busy because some investors are waiting for developments in the Gulf," said Panthavit Wattanasiri, a broker
        706 words
      • Article
        TAIPEI
        377 21 TAIWAN share prices closed slightly lower after the index moved back and forth in a narrow range on a technical correction, dealers said. The weighted index ended 37.60 points or 0.9 per cent lower at 4,110.55 compared with Monday's 4,148.15 finish. Turnover was NT$4B.B billion against NT545.7 billion. Dealers
        377 words
      • Article
        SEOUL
        747 21 SEOUL stocks rose slightly in mixed trade with the index fluctuating in a narrow range as buying of manufacturing shares was matched by selling of financial shares, brokers said. The composite index closed the day at 635.65, up 1.72 points from the previous session. Turnover was 151.7 billion won
        747 words
      • Article
        MANILA
        505 21 PHILIPPINE shares gained further ground on a second-day rally fuelled by declining interest rates and a relative quiet in the Gulf, brokers said. Manila's composite index closed 16.16 points up at 722.87. But brokers said buying could easily push the market to breaking point as traders tended to assume
        505 words
      • Article
        JAKARTA
        610 21 JAKARTA stock prices rose marginally in busier trade dominated by Jakarta International Hotels (JIH) which jumped 3,050 rupiah to 12.000 on turnover of 493,500 shares. One broker expressed surprise at the sudden increase in JIH because he said the market had tended to be bearish on the issue. Another
        610 words
      • Article
        BOMBAY
        55 21 THE Bombay Stock Exchange (BSE) was closed for a second straight day because brokers failed to meet their obligations, exchange officials and brokers said. The market, facing its worst payment crisis ever, was closed on Monday to enable brokers to finish paying for shares bought earlier this month when
        55 words
      • Article
        Untitled
        639 21 Close Previous Jan 29 SYDNEY All Ordinaries Index 1.304.1 Closed 8.5 All Industrials Index 2.027.9 ♦"20 All Resources Index 751.5 Turnover (million) 52.12 BANGKOK SIT Index 637.87 637.25 f062 Turnover!million baht) 1.700 1.150 i-550 JAKARTA Composite Index 385.1 ***** t-0.26 MANILA Composite Index 722.87 706.71 ♦"'6T6 Turnover (million) 1,330 2.100
        639 words
  • Page 21 Advertisements
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  • WORLD STOCK MARKETS
    • Sign of investors returning to Wall St
      • Article, Illustration
        MEW YORK
        1076 22 IN A SIGN that the market could be picking up steam, smaller stocks traded over-the-counter and on the American Stock Exchange continued to show gains on Monday. The broader market also showed strength, although the Dow Jones industrial average fell back slightly in dull trading. Blue chips, as
        1,076 words
      • Article, Illustration
        LONDON
        853 22 SHARE PRICES in London were mixed by midsession yesterday after a light wave of buying lifted the market from early lows prompted by news of a £572 million rights issue from food retailer Tesco. Dealers said the buying appeared to be based in the cash market rather than led
        853 words
      • Article
        PARIS
        258 22 FRENCH share prices idled quietly lower at midsession yesterday, with news that France's Defence Minister Jean-Pierre Chevenement had resigned having little impact on a subdued mar- ket, dealers said. The CAC-40 index stood 3.57 points or 0.23 per cent lower at 1,562.12 at 1133 GMT, after opening at 1.567.42.
        258 words
      • Article
        ZURICH
        265 22 SWISS SHARES yesterday traded quietly steady at midsession. Dealers said trading slowed down after a lively opening when buying interest centred on banks and insurers. Traders said the impact of lower Swiss interest rates, which had spurred the market in recent days, had ceased now. "Lower rates are discounted
        265 words
      • Article
        FRANKFURT
        224 22 AFTER rising with unexpected vigour at the opening, German share prices yesterday fell back on a lack of followup orders to end mixed in quiet trade. The 30-share DAX index closed down 2.42 points at 1,380.26. The DAX had climbed as high as 1,393.16 and had held about 10
        224 words
      • Article
        JOHANNESBURG
        347 22 SHARE PRICES in South Africa showed hardly any movement in slack early trading yesterday as uncertain investors continued to keep the market activity to a minimum, dealers said. At 10:00, the JSE all-gold index had slipped marginally to 1094 after easing to a 1096 close on Monday, the industrial
        347 words
      • Article
        STOCKHOLM
        99 22 THE Stockholm bourse general index yesterday rose 2.4 per cent in the first half-hour of trading to 953.40, led by shares linked to Tetra-Pak's bid for Al-fa-Laval. Free-A shares in Alfa-Laval, an industrial engineering and dairy equipment firm, opened 92 crowns up at 272 following the 16 billion crown
        99 words
      • Article
        BRUSSELS
        155 22 BELGIAN shares on Monday closed mostly lower, with concern about developments in the Gulf war continuing to keep volume very low and most players sidelined. Thirty-three shares fell, 17 rose and five were unchanged in trading volume that totalled just 263.6 million francs. The main forward market index dropped
        155 words
      • Article
        TORONTO
        308 22 LAST-MINUTE profit-taking on last week's run-up on Monday pushed Toronto stocks slightly lower after a dull session, dealers said. Air raid sirens over Israel and reports as many as 100 Iraqi planes have taken refuge in Iran failed to stir the market earlier, they added. "The Canadian market's been
        308 words
      • Article
        AMSTERDAM
        256 22 DUTCH shares yesterday traded mixed to firmer at midsession, retreating from their morning highs as light institutional buying tapered off. dealers said. "Lower yields (on Dutch state bonds) spurral some institutional buying but this seems to be running out of steam now." one trader said. By 1225 GMT the
        256 words
      • Article
        Untitled
        197 22 Jan 28 Close Prrr»o«i NEW YORK Dow Jones 2.654.46 2.659.41 -4.95 NYSE Financial NA 126.13 SAP 500 336.03 336.07 -0.04 Turnover (million) 141.3 195 -53.7 LONDON Financial Times 30 1660.1 1,645.0 +15 FTSE 100 2,118 2,103.0 +15 Turnover (million) 394.2 527 -132.8 AMSTERDAM CBS Tendency Index 80.2 79.7 +0.5 FRANKFURT
        197 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Ringgit continues to strengthen against greenback in KL
      1214 23 REPORTS THE MALAYSIAN RINGGIT closed higher against the US dollar in Kuala Lumpur yesterday, extending its upward trend, on US dollar sales by offshore banks and on commercial demand. But dealers said trading remained tight, with the local unit moving within a
      1,214 words
    • Article, Illustration
      Lock icon Spain and France unveil plans to strengthen ECU
      575 23 AP SPAIN and France on Monday unveiled proposals that would strengthen the European Community's accounting unit so that it would eventually become the single currency of the trading bloc. The recommendations were drawn up as part of efforts by the community to
      AP  -  575 words
    • Article
      FINANCIAL FUTURES
      1200 23 SIMEX EUROOOUAR Open High Low Sett Est Vol Opflnt Vol Mar 91 92.83 9182 9185 7859 ***** 4149 Jun 91 92.90 92.92 92.89 92.92 3620 ***** 1316 Sep 91 92 78 92.81 92.77A 92.80 212 4059 466 Dec 91 92.53 92.54 92.52A 92.54 60 4289 199 Mar 92
      1,200 words
    • Article
      INTERBANK FOREX RATES
      398 23 Cross rates Jan 29 IJSS S$ MS Dm Yen SFr AS NZS USS 1.7250 2.6955 1.4870 131.50 0.5086 1.2615 1.2771 1.6708 SS 0.5797 1.5626 0.8620 0.7623 0.2949 0.7313 0.7404 ***** MS 0.3710 64.00 0.5517 0 4879 0.1887 ***** 0 4738 0.6199 |)m 0.6725 1.1601 1.8127 88.43 0.3421
      398 words
    • Article
      MONEY MARKET
      568 23 Interbank rates SS Bid Offer Overnight 4 1/2 4 5/8 1-month 4 11/16 4 13/16 2-month 4 11/16 4 13/16 3-month 4 3/4 4 7/8 Overnight mode: 4-3/4 ISS Bid Offer 7 days 7 7 1/8 1 month 6 15/16 7 1/16 2 months 6 15/16 7 1/16
      568 words
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  • COMMODITIES
    • Article
      Thai govt seeking ways to prop up rubber prices
      306 24 A TRIPARTITE meeting will be called soon in Thailand to discuss ways to prop up falling rubber prices, the Bangkok Post reported on Monday. The meeting, for which a date has yet to be fixed, will be attended by MPs and
      306 words
    • Article
      PT Tambang Timas facing hard times
      360 24 N DON ESI AN state-owned INDONESIAN state-owned tin mining company PT Tambang Timas is expected to face hard times this year as a result of the decline in the demand for tin on the world market, with prices at their lowest level in two
      360 words
    • Article
      Malaysian crude palm market remains weak
      839 24 REPORTS MALAYSIAN crude palm oil prices ended lower yesterday, extending their losses on further selling prompted by weaker palm oil futures values. Dealers said poor palm oil offtake and concern about the effects of the Gulf war on export business continued to undermine sentiment.
      839 words
  • Article
    PRICES
    1446 24 Rubber Jan 29 HAS tolw) S cents/kg Noon Close Int I KSSPrompt I43.2VI4425N I42.75/I43.75N Int I RSS Feb 91 144.25/145.25 143.75/144.75 Inl I RSS Mar 145 75/146 25 I45.7VI46 25 Int 2 RSS OP 142.75/144 75N 142.25/144 25N Int 3 RSS OP 137.75/139 75N 137.25/139.25N Int 4 RSS OP
    1,446 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      716 24 NOTICES I NOTICE I NOTICE IS HEREBY GIVEN thai, I. Fong Kum Hong of Block 135, Bukit Batok West, Ave 6, #09-483, Singapore (2365), have applied for a First Class Beer House licence in respect of premises at M/S Hoong Cheong Snack House, at Blk 334, Kreta Ayer Road, #01-10,
      716 words
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      Page 24 Advertisements Column 2
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1104 25 City Flight ETA Flight ETD Abu Dhabi GA895 1225 i QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Athens 0A47I 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Bandar Seri BI421 1105 SQ 182 0915 Begawan SQ181 1410 BI422
      1,104 words
    • Article, Illustration
      Moroccan tourism hit by Gulf war
      390 25  -  LETTER FROM MOROCCO By Stephen Hughes Fallout from the Gulf war has hit Morocco's vital tourist industry. Holiday makers, except for small groups of Japanese, arc simply staying away. "We have hit absolute rock bottom." said one travel agent, complaining that the impact of
      390 words
    • Article
      MONEY CHANGER RATES
      148 25 As at 3pm yesterday: Ixx-al dollars to one unit of foreign currenc) Currencies Bid Offer Australian dollar 1.345 1.365 Canadian dollar 1.470 1.490 NZ dollar 1.020 1.050 Sterling pound 3.375 3.395 US dollar 1.7190 1.7290 l<ocal dollars to 100 units of foreign current") Austrian schilling 16.10 17.10
      148 words
    • Article
      WORLD TRADE EXHIBITIONS
      59 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel FCb4 9 EST 1 NC,her1andS KS2L (3,,3(V9559 Feb 9-17 International Hamburg Hamburg Messe *****56^ Construction Jaarbeurs Tounsm. Caravan Und Congress Exhibition and Automobile GmbH Exhibition Feb 7-12 International Valencia, Feria Muestrano ********** Toy Fair Spain International Feb
      59 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      41 25 Take the expert's advice on how to read the stock market AND MORE How a 14-month-old Sabah baby was hit in the forehead by a stray bullet wb V*~ 4 The latest news and much more. From lunch-time Monday to Saturday
      41 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      309 25 6He gave Napoleon the pH__JH HI Hi 8 Very brief time on satellite LhJ Lh h nJ LmJ "mm 9 I ring a son involved with a foreign girl (9) I I 11 A shortage parliamentari- iBBHI Hi current measures i^j|L_^^^j_-isHK__^H 12 Organise a free-range poul- -L^J try enclosure 13
      309 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      213 25 Singapore Outlook: Cloudy with occasional showers from late morning till early evening. Forecast: Maximum temperature 28.8° C Assoc humidity 75% Minimum temperature 23.0T Assoc humidity 97% Hours of sunshine 0.35 Rainfall in mm 6.4 Rainfall this month 122.5 Rainy days this month 13 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 26/20
      213 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      57 25 f \*l -2L£ V rtQT.cf mg ftiod /pw. iwc ir7ow.\C> WfVoN V*2 HC'S USCD r O HoSPITftU Rcrcßwep fßom ms Xfqoo mm yjftsslJ r\goj, <rG -N -N /->. ftT ft-m ho &9€-cjpu disva w\S )i epvTmo .fBT g.oe>*"*nf y J 1 Xv VmonOUß.— V f uprr mut 'rJ M \v
      57 words
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  • Article
    S'pore-Pahang business body a welcome idea
    482 26  -  Committee to be modelled on S'pore-Johor pact By Shoeb Kagda BUSINESSMEN have welcomed the idea of a Joint Singapore-Pahang Committee on Business Co-operation, forwarded by Deputy Prime Minister BG (Res) Lee Hsien Loong last night. Speaking at a dinner hosted by the Chief Minister
    482 words
  • Article
    Lee in Mexico with Singapore business leaders
    389 26  -  From Magdalene Ng in MEXICO CITY BUSINESS leaders, including top brass from the Big Four banks in Singapore, are in Senior Minister Lee Kuan Yew's delegation now visiting Mexico. At a press conference on his arrival here on Monday evening, Mr Lee said
    389 words
  • Article, Illustration
    Lock icon KL defence planners propose conscription
    323 26 Bernama THE MALAYSIAN Defence Minister said yesterday that defence planners have proposed a form of conscription in Malaysia that would be unlike the national service of many other countries. Datuk Seri Najib Tun Razak told reporters after opening the annual Malaysian Armed Forces Commanders' conference
    Bernama  -  323 words
  • Article
    Lock icon Asean-CCI backs M'sian proposal for new grouping
    227 26 Bernama MALAYSIA'S proposal to form an East Asian Economic Grouping (EAEG) has received the full support of the Asean Chambers of Commerce and Industry (AseanCCI). National Chamber of Commerce and Industry of Malaysia secretary-general. Datuk Mohamed Ramli Kushairi, said yesterday the private sectors
    Bernama  -  227 words
  • Article, Illustration
    Lock icon US and Soviet Union postpone summit
    450 26 Reuter THE US and the Soviet Union on Monday postponed a Moscow summit planned for February until later in the first half of the year. Moscow and Washington cited the Gulf War as the main reason and avoided recriminations over the setback in their
    Reuter  -  450 words
  • Article
    Lock icon Taiwan approves Shanghai factory
    211 26 AP TAIWAN has allowed a major textile company to set up a factory in Shanghai in the first case of government-ap-proved investment in China, Taiwanese officials said. The government's Investment Commission said on Monday that Chung Shing Textile would invest US$9OO,OOO through its Hongkong subsidiary to
    AP  -  211 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      408 26 |fl l ivmzif-Ht=t=i[=i —11 The Richness Of Leather Handmade To Perfection. SINGAPORE INSTITUTE OF MANAGEMENT (1) FINANCIAL MANAGEMENT FOR NON-FINANCIAL MANAGERS March 11-13,1991 Fee: SS7SO SIM members/SsB9o non-members At the end of the workshop, participants should be able to understand and undertake the financial planning process see the importance of
      408 words
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      Page 26 Advertisements Column 2
      223 26 |H I rs/iimiF^EE^Eiizi —II The Richness Of Leather Handmade To Perfection. I' -<£■' v:, r.: .0::. j 'x>: SECURITIES REGULATION, TAKEOVERS, MERGERS ACQUISITIONS AND KEY CORPORATE ISSUES 6 7 MARCH 1991 (SINGAPORE HILTON) Corporate Restructuring, Takeovers, Mergers and Acquisitions: Contemporary Problems Legal Issues 3 Recent Developments in Financial Assistance by
      223 words
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  • Shipping Times
    • Article, Illustration
      Know your goods before automating, operators told
      384 27  -  By Rahita Elias A JAPANESE warehousing expert has urged Singapore operators to know the produets they store in their facilities before automating operations. Mr Hiroshi Nagata, the chief consulting engineer at the Research Institution ol Logistics and Material Handling High Technology in Japan,
      384 words
    • Article
      Lock icon Transpacific containership operators planning rate increase in May
      232 27 AFP THIRTEEN transpacific containership operators are planning to increase their rates in May due to the war in the Gulf, a shipping daily based in Tokyo reported on Tuesday. The Transpacific Stabilisation Agreement (TSA), a 13-company forum for both conference as well
      AFP  -  232 words
    • Article
      Lock icon New ship management code may help weed out bad hats
      391 27 International Transport Journal SHIP management, that is, the technical operation of ships on behalf of and for the account of third parties, has greatly increased in importance in the last 10 years. There are a variety of reasons for this.
      International Transport Journal  -  391 words
    • Article
      Lock icon Apple request to allow PCs to transmit data by radio
      287 27 NYT APPLE Computer Inc asked the Federal Communications Commission on Monday to set aside radio frequencies to allow personal computers to receive and transmit data without wires. Allowing computers to communicate by radio would give more mobility to users of
      NYT  -  287 words
    • Article
      THAI calls for higher govt stake in U-Tapao airport
      232 27 THAI Airways International has suggested that the government invest a further 1.1 billion baht in U-Tapao International Airport in the eastern province of Rayong to create a separate naval air base and commercial airport. This, reported The Sation will make it
      232 words
    • Article, Illustration
      New sea pollution laws in force from Friday
      437 27  -  By Rahita Elias NEW SEA pollution laws and regulations will come into force in Singapore on Friday, further strengthening pollution control in the Republic's waters. The Prevention of Pollution of the Sea Act 1990 and the International Convention for the Prevention of
      437 words
    • NEWS SUMMARY
      • Article
        A ship for boxes of all sizes
        43 27 A SHORTSEA/feedership class under construction in Turkey promises a remarkable degree of flexibility in terms of container sizes. The 341 TEU-ca-pacity type offers the possibility to carry outsize boxes economically throughout the cargo section Page 2
        43 words
      • Article
        A little-known division of Boeing
        64 27 ALTHOUGH it builds and maintains Awacs surveillance planes playing a crucial role in the Gulf war, the Boeing Co has had a relatively low profile in the crisis because its main business is making commercial aircraft. But a little-known division of the aerospace giant is
        64 words
      • Article
        Fourfold increase in earnings
        33 27 AIDED by continued strong sales of its commercial jets, Boeing Co reported a fourfold increase in earnings and a sharp rise in sales for the fourth quarter Back Page
        33 words
      • Article
        AT&T trying to lease HQ space
        43 27 AMERICAN Telephone Telegraph Co is trying to lease most of the space in its headquarters at 550 Madison Avenue and planning to shift its employees to less expensive office space elsewhere in New York City Back Page
        43 words
    • LOG BOOK
      • Article
        Toyota Motor Sales USA to raise prices
        63 28 TOYOTA Motor Sales USA Inc on Monday announced price increases of US$l,OOO for its Lexus LS 400 and US$2OO tor the Lexus ES 250 luxury automobiles. The new base prices, effective on Feb 27, will be U5539,000 tor the LS 400 and U5521,500
        63 words
      • Article
        Minesweepers join Nato forces
        43 28 ONE BELGIAN and two Dutch minesweepers left for the eastern Mediterranean on Monday to join Nato forces normally deployed there. One Norwegian, two German and one British warship of the North Atlantic Treaty Organisation are already in the region.
        43 words
      • Article
        Helicopter to be mass produced
        89 28 MESSERSCHMITT Boelkow Bloehm Gmbh (MBB), a subsidiary of Deutsche Aerospace of the Daimler Benz group, announced on Monday that its light helicopter BO 108 will go into mass production. The helicopter, fitted with two Turbomeca engines, will be available in mid-1994 for visu-al-flight rules (VFR)
        89 words
      • Article
        Nokia wins Chinese contract
        50 28 NOKIA of Finland has won a US$5 million contract for expanding the telecommunications network in Daqing Oilfield, the largest oil field in China. The expansion includes upgrading existing exchanges and adding five new DX2OO digital exchanges. The expanded network is expected to be operational in mid-1992.
        50 words
      • Article
        Northern Telecom earnings
        49 28 TORONTO-BASED Northern Telecom has notched up record earnings despite the recession gripping the US and Canada. For the year ended Dec 31, 1990, the Canadian telecommunications group made an after-tax profit ot US$436 million, up from US$354 million in 1989, on a turnover of U556.77 billion.
        49 words
      • Article
        Mitsubishi-Daimler talks
        80 28 MITSUBISHI Electric Corp is continuing talks on the possible joint manufacture of transport equipment, integrated circuits and other products with Daimler-Benz AG group's AEG AG. A spokesman denied a press report that the idea of a tie-up had been shelved, but added, without elaborating, that it was taking
        80 words
      • Article
        Ford is No 1 in Australia
        75 28 FORD MOTOR CO's wholly-owned unit Ford Australia Ltd retained its position as Australia's leading vehicle maker in 1990 although its share of the market declined, figures released by private industry statistician Paxus Corp Ltd show. Paxus said Ford sold 139,866 vehicles or 22.7 per
        75 words
    • Article, Illustration
      Lock icon A ship for boxes of all sizes
      1319 28  -  David Tinsley reports on a versatile ship now under construction that is able to carry outsize boxes economically throughout the cargo section David Tinsley Lloyd's List ASHORTSEA/feedership class under construction in Turkey promises a remarkable degree of flexibility in terms of container sizes.
      Lloyd's List  -  1,319 words
    • Article
      WEEKLY FREIGHTS
      471 28 DESPITE the uncertainties introduced by the war in the Gulf, a firm trend appeared in dry cargo markets over the past week. Worries about dicscl costs, insurance premiums and a downturn in business in the Gulf region were compensated for by new chartering for military supplies. reports that
      471 words
    • Article
      TRANSPORT DIARY
      519 28 COURSES Dec 9-May 3. 1991: Advanced Certificate in Shipping and Freight Distribution, conducted by NPB Institute for Productivity Training. For more details and registration, please contact Ms Hanim at tel no: *****66. Jan-Feb (13 evenings): Harbour Craft Safety course, organised by Singapore Port Institute (SPI). Details and applications
      519 words
    • Article
      THE SHIPPING GUIDE
      13144 36 This is a list of ships loading I at Singapore for ports around 1 the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for
      13,144 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        670 43 feSMi Voy No Berth Arrival Depirtift Voy No Berth Armii Separtirt i Keppel Wharves lenson 4/91E P20 30 01/0/30 31 01/0300 Biskra 1/9 1 K29 alongside 3001/0330 Kmryu 9103 P4A 30 01/1200 3101,0600 httonia 3 K34 alongside 3101 ,1200 Mercury lade 02E P28 29 01/1600 30 01'1500
        670 words
      • Article
        CONTAINER SCHEDULE
        1338 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO ®p Voy No Etb/Btr Record Period Booking/ Balance From To Rstts From ACX Jade 32A 30/1530 1 29/1501 29/1659 29/1900 ACX Robin 07H 31/0300 1 3 29/ 30 l 1 0 1 i /I /I 65 15 9 9 29/1900
        1,338 words
      • Article
        IN MALAYSIAN PORTS
        253 43 Kuantan Port Berth 1: Mana Berth 2: Proa Berth 3: Ikan Acapulco Berth 4: Yod Anong Harm Transport 9 Palm oi berth outer: nil Pafcn ol berth nter: nil Mneral oi berth: Miri Glory Service jetty: nil Anchorage: Golden Star, Nandu Arrow. Bangkaia Momoshima Maru Due on
        253 words
    • Article
      DAILY FREIGHTS
      1180 43 CHARTERING on the dry cargo freight market on Monday was active in both the grain and time-charter sectors, brokers said. Rates tor panamax tonnage on the key US Gulf to the Netherlands and Japan grain routes were barely steady, reflecting substantial availability in the Pacific and the Atlantic,
      1,180 words
    • Article, Illustration
      Lock icon Aerospace giant at the controls of America's oil reserve
      714 44 THE W AD J UPI ALTHOUGH it builds and maintains Awacs surveillance planes playing a crucial role in the Gulf war. the Boeing Co has had a relatively low profile in the crisis because its main business is making commercial aircraft.
      UPI  -  714 words
    • Article
      Lock icon Fourfold increase in Boeing's earnings
      316 44 NYT AIDED by continued strong sales of its commercial jets, Boeing Co reported a fourfold increase in earnings and a sharp rise in sales for the fourth quarter. Despite the gains, though, Boeing shares fell by U552.25 on Monday to U5546.875 on the New York
      NYT  -  316 words
    • Article
      Lock icon AT&T to lease out HQ space
      280 44 NYT AMERICAN Telephone Telegraph Co is trying to lease most of the space in its headquarters at 550 Madison Avenue and planning to shift its employees to less expensive office space elsewhere in New York City. Walter Murphy, a spokesman for America's largest telecommunications
      NYT  -  280 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      143 27 I 111 UNITED I tills LEASING! SERVICES PTE LTD Call Te1:*****33 Container Schedule 17 (My Fraghts 17 Indei to Advertisers 3 SNrwu Gwde 10.11 Shps m Port 17 Singapore Tides 17 Transport Oaij 2 Weather and Sea Condrtions 17 Weekly Fr«ghts 2 ©T.S.K. LIME TOKYO SENPAKU KAISHA, LTD. SERVICE 7
      143 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      137 28 UP. LIVING IT EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
      137 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1976 29 ~IARDINE SMIPPINC ACENCIES AMVIVf 2U) Cd'itunrwnt Road #12 06 Southpom!. Singapore (£OB \lllFr i* ??i«)u telex no rs »\n r wmrrmwm urminal iei *****18 220 IH. bookings let *****34 2» A. Vfflr esaka iardine shipping agencies fIMT KELANG TEL. *****18 TELEX PENANG TEL *****4 If LEX NO MA4OO/1 CfS JEL
      1,976 words
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      Page 29 Advertisements Column 2
      1277 29 MDEXf TjUDVgffISERS P*«e Col Pff Col A l.incrShpg 16 J I Li/cna 15 I AIM' C'onlaincrlinc 13 5 Lloyd Brasilciro 12 3 Accord tiroup 8 1-3 •Lloyd Tries!ino 4 1/2 AFS 15 I Lucky Seaway 15 3 Ahrenkiel Liner 16 3 > < i Albalros Sea-Air 14 3 Lykes L.nes
      1,277 words
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      Page 29 Advertisements Column 3
      2228 29 ■QBOssaaza NEXT SAILING TO HONGKONG AND JAPAN TORBEN MAERSN V.9102 ETA 1/2/91 Vessel Voy ETA I ETD "Port "Pen«ng J DESTINATIONS Singapoie Kelang Th>* Laura MaerM 9102 raeder by C* V? 0800 MRS M rarco CFS 4/2 MRS M rauro OAK LQB MOU MEM ATL MIA CHS BAL PHL NYC
      2,228 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1244 30 IROTT EDAM/1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE MHHf BREMEN EXPRESS 01/510 4/2 23/2 2'* 28/2 LIVERPOOL BAY 03/514 4/2 21'2 24/2 2672 KATSURAGI 04/513 11/2 28/2 26/2 25/2 I. AU M|B| BENALDER 99/517 11/2 2«/2 3/3 V 3 mi? HAMBURG EXPRESS 01/516 14/2 "3 4 3
      1,244 words
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      Page 30 Advertisements Column 2
      515 30 DIREC^OinffACIFI^ERvIc^^^^ SIN NOU SUV PPT I SI. A FLOBEANA 22-2H/2 11/3 13/3 19/3 ALSO ACCEPTING CARGO VIA SUVA 10 LAUTOKA. PAGO PACO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO ISLA FLORE AN A? 2 28/2 1/4 3/4 6/4 7/4 8/4 CalUo or Santiago
      515 words
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      Page 30 Advertisements Column 3
      1390 30 I E3 em&AsxM suimm/ HKmBB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTB6UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA W #lW (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 048W 04/02 25/02 26/02 01/03 02/03 03/03 04/03 05/03 06/ TO NORASIA SUN 9049 3 11/0" 02/03
      1,390 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1545 31 -••I'p.ii* iiiura, nruiicsua; UttllUltry M 1991 SgSteamers Maritime Holdings Ltdj pim f Mf STRAITS SHIPPING! Mr Otv »5 TimiT t« BrwMi, last Malaysia, I wPk Containers M *>» No |p KLao( Spore kton Hburg Bliaven IMam LeH »rrtßT« DUE SAILS I fcRtMEN EXPRESS ***** KUR 2901 04(02 25,02 22.02 22rt»
      1,545 words
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      Page 31 Advertisements Column 2
      1853 31 nv 1I S A./PANAMA FM: U S A /PANAMA »Sgfi™s 5? "> 5? SB »I tr M 7 »l 2VJ *-1 i"l »J SIN ff 106 211 3,1 »l W UA im MIJ Tl lij »3 21* *t« H* ARABIAN S£N OA 1(7 11/1 11,1 1/2 *12 Jg }K NEW
      1,853 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      686 32 §SSB CR NBR **********0-0 EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE VSL/VOY I SPORE R DAK, AD AM H BURG BREMEN ANTWERP MAT ARAM 28MB 4/2 22/3 2»3 2/4 4/4 TRIAS UNITY «KWB 4/3 J 6/4 12/4 17/4 21/4 CACT TDAMOT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo
      686 words
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      Page 32 Advertisements Column 2
      786 32 it 3E it.l Xy HANJIN SHIPPING FEEDER VSI SIN LINE HAUL LA* OAK RTN ANR HAN BRV FEL CHOYANG SUCCESS 012E 4g H HAMBURG OOSE 4/3 HANJIN FELIXSTOWE <X*W 3 21/2 13 2/1 2 3 «3 5 3 HANJIN HAMBURG OOSE U/2 HANJIN MASAN «2W 102 7,3 8.3 9/3 9
      786 words
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      Page 32 Advertisements Column 3
      160 32 UAN HUAT SHIPPING X CO., (PTE) LTD. \\WVfVA 10 Anson Road. #14-19/20 International Plaza, Singapore 0207. FAX: *****94 Tela: *****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 HOCK W M JAMBI
      160 words
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      Page 32 Advertisements Column 4
      1365 32 IP* L SGP HKG *SC KLC PUS HKT OS* NCY SM2 TYO LAX CHS BAL NYC IMV AN* ROM THP HBC PSO CMS PKL SCP I c golden mm m w v? w 12 il/2 111 iw iw up w 1/3 an iv 3 iw jm »3 va 21/3 »3
      1,365 words
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      1462 33 m NEPTUNE AGENCIES PTE LTDIINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS' UK/EUROPE SERVICE- *****19 USA SERVICE— *****16 AUST INDIA'PAK SERVICE— *****18 FAR EAST SERVICE— *****48". M TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 Penang (04) *****0, J.Bahru (07) *****3, *****4 y SUa(2n R
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      Page 33 Advertisements Column 2
      1010 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1) *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING fROM EASTBOUNO LOADING fOR WESTfiOUND VCSSCIS VOYAGE SPORE MAN .A H«OWC VOYAGE STORE PHLANC HBttRC I HAVEN
      1,010 words
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      Page 34 Advertisements Column 1
      1297 34 EWK LINE KAWASAKI KISEN KAISHA. LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST II IMPORT N. AMERICA fACffIC /rr r™ pfTIKVKr" js7//sr"si r T l '> SS #,DG< T ii MEDITERRANEA 14 6,? 7/2 9 2 MANHATTAN BRIDGE 10 3,3 6/3 7/3 11,1 111 BROOKLYN BRiOGE 36 9,1 IV 1' VA «OiTEWAWA
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      Page 34 Advertisements Column 2
      1230 34 PHIU OMCNT UN€5 PT€ LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69 *****00 TELEX RS ***** PHILI FAX *****76.*****38 '-V BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5 PEB Montreal, Ottawa. ■"■""■"■"■"J™ VANCOUVER. S'WESTERN
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      Page 35 Advertisements Column 1
      1575 35 aajsaggf pacific international lines (PTE) ltd SSSS? ||i PIL Building, 140 Cecil Street *03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN llll" 9105 *2 6,2 ?0/2 EE 'I'/i tl a/3 KOTA PANJANG 9106 8/2 1 0/2 mn M 1/2
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      Page 35 Advertisements Column 2
      1248 35 BEN LINE CONTAINERS ~LTD "M 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VQY SPORE PKLANG S HAMPTON HAMBURG BHAVEN ROAM LHAVRE Liverpool Bay' 03/514 4/2 Via KRM 21/2 24/2 26/2 Bremen Express 01/510 4/2 27/2 23/2
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      Page 35 Advertisements Column 3
      364 35 m MYANMA nVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg HPA AN VIS9W 31/ 2 Feb PINYA VII3W In Pt PATHEIN VIO9W 9/12 Feb Feb MYOMAYWA VI32W 7/9 Feb Feb THE BANK IINi (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY
      364 words
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      968 38 »IISR-I IHFST ——"riiiiwiimrnsuiiiß i INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBG PANAMA SIN WFIO6 31 1 25/2 23 2 22/2 2h2 BRANDENBURG *MlO6 5,2 6,3 5.3 i 3 73 3/3 EUROPEAN SEN WFIO7 iil 11/3 5/3 3 3 13/3 SOHLAND WMIO7
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      Page 38 Advertisements Column 2
      1022 38 1 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 02/02 00/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 1/02 4 8/02 MANILA 2/02 9/02 PENANG 1/02 8/02 BUSAN 2/02 9/02 BANGKOK 2/02 6/02 TOKYO 7/02 14/02 HONG KONG 1/02 6/02
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      Page 38 Advertisements Column 3
      217 38 LOADING FOR VESSEL STORE ceo MM BAiUtS MViMO RiO STS VII PAGUA MOSTWEIN II M IM »4 OPI V »l»l 2 DISCHARGING fM BRAZIL VESSEL SPOHE HUG M*L Kit »0A NCO AO# MosrwuN v sisoi l M U/l m Regular BBulk and Container Service Direct to Turkey. Red Sea/ Med
      217 words
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      Page 38 Advertisements Column 4
      1350 38 r t S 5] A 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TEL "JJ** o ship I 2. MISTRI ROAD. HMC BUILDING FAX *****66 I #15 00. SINGAPORE 0207 CABLE COSTARLINE I CR NO: **********0 M I General Agents:OO6TARSHIPPINGi'**-I TO EUROPE FROM EUROPE I VESSEL VOY SGP ROT
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      Page 39 Advertisements Column 1
      860 39 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 31/1, 8/2 I I EUROPE all Ports 5/2, 12/2 BANGKOK 31/1, 3/2 HONGKONG/CHINA 31/1, 4/2 SYD, MEL, ADEL, BRIS 5/2, 13/2 FREMANTLE 1/2, 8/2 MANILA 7/2, 14/2 PKLG/PENANG 3/2, 10/2 Port Kclang Branch T«l: *****21/2/3
      860 words
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      Page 39 Advertisements Column 2
      250 39 IS) pte ltd TEL: *****33 (12 Llnoa) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llnoa) PjF\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA IIOAOINQ FOR SPORE ABB AY WONZ 27W8 10/02 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 21WB 05/03 DARESSALAAM MOMBASA DJIBOUTI ASSAB
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      Page 39 Advertisements Column 3
      762 39 maskapai pelayaran PapuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA THAILAND M < TIII4TIAMC ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BINQAPORI INOOHiSiA SgRVICB VSL VOY SIN JKT
      762 words
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      Page 39 Advertisements Column 4
      960 39 BANGKOK CEBU/MANILA [VESSEL [VOY SINGAPORE BANGKOK jyp«L [VOY STORE CEIU MANILA" NANTA BHUM 26N Wed In Pt S»t 2/2 KITI BMUM 058 1/5 6/2 «/2 JENLINK 42N Fri 1/2 Mon 4/2 SO STAR 06A 7/2 11/2 15,2 SIAM PAETRA*# 63N S<t 2/2 Tue 3/2 KITI BHUM 078 14/2 19/2 21/2
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      Page 40 Advertisements Column 1
      1264 40 W «WAC-NELS SINGAPORE! EXPORT TEL: *****22~j IMPORT TEL: *****02 TEL (04) *****6 KK (088) :M?,">o TAWAU TEL *089)7/86/9 |TTTX\r~I P KELANG TEL (03) *****77 KUCHIN !EL *****31 SKAN TEL (089) *****2 rN-/\- J J BAHRU TEL (0/) *****? SOU TEL 1084)*****2 LABUAN TEL (08/) 414b99 ~=r' jA KARTA TEL (21)
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      Page 40 Advertisements Column 2
      419 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI KUIJ.Y CONTAINKKIBKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI. FOR AUCKLAND. NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK IVT PREMIER 10S 2 Feb IS Frt Vu NPL 17 Feb
      419 words
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      Page 40 Advertisements Column 3
      1061 40 /3EI THONG SOON LINES PTE. LTD. J 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No:_ *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL |WT leTA PEST VESSEL VtT ETA I KIT KIM SOON LI 4/91E 02 FEB
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      Page 41 Advertisements Column 1
      920 41 VM>cv COMPANIA PERUANA \QEJI DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CAIIAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Kelang Singapore E'Msia THOMASEVERETT 31 Jan,o2 Feb 03,05 Feb KARABIEVERETT 05,06 Feb 07/09 Feb ROSEEVERETT 14,16 Feb 17/18 Feb
      920 words
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      Page 41 Advertisements Column 2
      511 41 vsl jvoV Is pore Imainliner Ilax Ikst [sav Inyc Ihfx A VCSSCL 6)7 lit HONGKONG VI 14,3 UP 1%3 71,1 ZIM OSAKA 16E »'2 7« TOKYO 14,3 23/3 2fc3 J*l 1 »1 ZIM SYONEY 173E 16 7 ZIM TOKYO 14,3 713 213 Hi 3 30,3 ZIM SINGAPORE JM »2 ZIM
      511 words
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      Page 41 Advertisements Column 3
      663 41 SING KWANG HANGI SHIPPING TNANSPOMTATION (*Tt) LTD WEEKLY LCL/FCL SERVICE [vEsiiT Is PORE JAKARTA SURABAYA MfcKHANIK KURAKO V 46N 3t/1 03/2 EQUATOR JOY V 13N 102/2 I— |OV2 VESSEL S PORE |~BANGKOK A VESSEL 03/2 06/2 A VESSEL IQ2 l* l2 DESTINATIONS ETA SINGAPORE PORT KELANG 01 FE MANILA 02
      663 words
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      Page 41 Advertisements Column 4
      546 41 rw PERINTIS LINE I ji 1 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASE TIA I4IA 31/01 03/01 PFLOPOR 973 0?/0? 06/0? PHASE TIA 143 A 07/02 10/02 PELOPOH 974 09/02 12/02 TANTO UTAMA 139 04/02 07/02 TANTOUTAMA 141 11/02 14/02 TANTO UTAMA 143
      546 words
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      Page 41 Advertisements Column 5
      408 41 A' igf AUAaiyi|UMilßiiiaa^H SIN PiMI EAST 3/2 KEELUNG/KAOHSIUNG 2/2 BANGKOK 4/2 MAN ILA/CEBU 2/2 JAKARTA/BELAWAN/SURABAYA 2/2 PORT KELANG/PENANG/E. Malaysia 5/2 BUSAN 3/2 TOKYO/YOKO/KOBE/NGO/OSA 5/2 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xmgang/Shanghai SIN EUMPE/UK 2/2 LDN/FLX/LVP/SOU 2/2 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN MSA/CANADA 30/1 LOS ANGELES/NEW
      408 words
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      Page 42 Advertisements Column 1
      727 42 jia CB SHIPPING II Cl™oV MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCI/BREAKBULK SERVICE •ANKE" SERVICE JAK SPI POM LAI I VILLI 4 ?ISB 3b 1 122 IV? 1217 I*2 PNG FREIGHT RATES PER TEU LCL CARGO B'BULK GENERAL FAK U*****0 USDW/R T USO7O/R T. 150M3 CLASS J USDI6SO USO7S/R.T.
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      Page 42 Advertisements Column 2
      457 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE SG V25-90W In Pt 27/2/91 17/2/91 27/2/91 K.V.U VOIBW9I 31/1/91 21/2/91 22/2/91 25/2/91 BMT V 02CW91 8/2/91 3/3/91 4/3/91 9/3/91 NC V2690W 12/2/91 12/3/91 1/3/91 7/3/91 ALSO ACCEPTING CARGO FOR MIL ANO LASPE2IA PROVAGUO BARCELONA ZURICH VENEZLA
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      Page 42 Advertisements Column 3
      468 42 SEEKING SUITABLE PARCLES/ PROJECT CARGO TO USA/W-E AFRICA DWT 4400 H/LIFT AVAILABLE PLEASE CONTACT EAGLE LINER SHIPPING AGENCIES PN: *****00 FAX *****48 LAWRENCE VESSEL SIN PTI OBN RBY ALS STRENGTH VO'W 02>02 12/02 17/02 22/02 DANAOS VO3W 05/03 15/03 19/03 24/03 A' VESSEL VO4W 21/03 31/03 05/04 j Accepting FCL'
      468 words
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      Page 42 Advertisements Column 4
      1094 42 CUJI con may /m/tmoDf)i\ 1 1 LCL/FCL SERVICE FROM f I HI B H CUff opcratM ov«r 600 terminals/offices in U.S.A 1 II UKh m CUM nwiMaln* ov*r 35,000 tractors i truck*. V II m /Mb JCW-n- over 60,000 point* in U.S.A. Imrwk CWofferraltoW«LCtFCL*wvice*. General Agentt: 784A/TZ//WC— j Aid PENANG-
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      434 43 TIDES AND WEATHER TODAY'S TIDES (hajtfit in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO ****************************************1900 2000 2100 2200 2300 JR 25 2.5 2.1 1.7 13 1.2 12 1.4 18 2.5 3.1 3.3 3.2 29 2.3 16 10 06 0 3 03 04 0.9 1.7 22 PP
      434 words
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      Page 44 Advertisements Column 1
      377 44 I KWANG CHUN TRADING ENTERPRISE PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 30/1 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 2/2 DUMAI/PEKAN BARU ABADI JAYA 1/2 PEKAN BARU/DUMAI KUALA SIAK V 1/2 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports
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      Page 44 Advertisements Column 2
      664 44 4HYUNDAI MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI pionffr 31/1 7/2 25/2 2S/2 3/3 2/3 CGM PASCAL 00W 25/12 28/12 1/1 11/1 27,1 HYUNDAI COMMANDER 23E 9/2 14/2 4/3
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      Page 44 Advertisements Column 3
      595 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Hamburg to Copenhagen Aarlws Gothenburg. Mjimo S POKE S TON H BURG (HAVEN DAM lEH Helsinki Stockholm BREMEN EXPRESS ***** 4 2 2t2 22 2 21,2 Rotterdam to Antwerp. Amsterdam Oslo Helsinki UVERPOCM. BAY 03 514 1.2 20i2 »2 2S/2 •remnha.on To
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