The Business Times, 31 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 Thursday January 31 1991 75*
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  • NEWS SUMMARY
    • Article
      Jobless rate in Malaysia expected to drop to 5.5pc
      49 1 MALAYSIA'S unemployment rate is expected to fall to 5.5 per cent in 1991 against an estimated 5.8 per cent last year. The Manpower Department said the impetus to employment growth would come mainly from the non-govern-ment services and manufacturing sectors.
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    • Article
      Asia-Pac central banks seek regular forum
      65 1 CENTRAL BANKERS from the Asia-Pacific region plan to meet in Tokyo next month to discuss the formation of a regular regional forum involving nine central banks. Jiji Press, a Japanese news agency, said yesterday the meeting on Feb 12 would group senior central bank
      65 words
    • Article
      HDB plans land sale
      17 1 THE HDB is to sell 8.8 hectares of residential, commercial land Page 2
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    • Article
      Property deals down
      25 1 A PEAKING market and weakening yen contributed to a $2 billion fall in property transactions last year to 52.71 billion Page 2
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    • Article
      KL palm exports up
      24 1 MALAYSIA'S palm oil exports notched huge increases last year in the big markets, especially China, Pakistan and India Page 7
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    • Article
      UK confidence slumps
      27 1 RECESSION has shattered business confidence in Britain and companies are at their gloomiest for 10 years, says the Confederation of British Industry Page 8
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    • Article
      EC to unveil reforms
      28 1 THE European Community will soon announce reforms tor its agricultural programmes that could help break the deadlock in the world trade talks Page 8
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    • Article
      Burning passion
      29 1 GEORGE BURNS, who turned 95 recently, thinks there's plenty of time ahead for wild flings, serious romances and perhaps even a walk down the aisle Page 15
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    • Article
      Bottlenecks worsen
      31 1 URBAN and transport bottlenecks in Asean are worsening and a Japanese expert thinks that they can be eased by adopting Singapore's integrated development approach. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      35 1 SHARE PRICES opened higher on Wall Street yester- day with the Dow Jones average of 30 leading industrials standing at 2,664.11 points, an advance of 1.49 points, five minutes after the opening bell.
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    • Article
      Footsie higher
      47 1 SHARES advanced strongly in early trading in London yesterday. Buoyed also by reports of an overnight sale of 11 million Storehouse shares at a premium on their current market value, the Footsie index of 100 leading shares gained 20 points to 2,113.8 by 1205 GMT.
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    • Article
      NatSteel issue
      34 1 NATSTEEL Ltd has announced a private issue of 9.64 million new $1 stock units at $8 apiece, which will be placed out through SG Warburg Securities (Singapore) and DBS Bank Page 3
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    • Article
      Systems being merged
      24 1 SINGAPORE'S two main travel reservation systems are being merged to streamline reservation services offered to the Republic's travel agents Page 3
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    • Article
      HK traders arrested
      29 1 SEVEN Hongkong futures traders were arrested yesterday in connection with an investigation of corruption in the trading of the Hang Seng index futures contracts Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 603.72 -1 23 Kuala Lumpur 489.72 +448 Hongkong 3,200.89 7.99 Tokvo 23.4W.61 -50.51 Sydney 1,312.7 +8.6 Tuesday Change New York 2,662.62 +8.16 London 2,113.8 -4.2
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    • Article
      CURRENCIES
      17 1 Exchange rates USS SS1.7255 Yen SSI.3107 Vis SS0.6393 Money market rates Overnight 3-1/2 3-month 4-11/16% -1/16
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    • Article
      COMMODITIES
      39 1 London Gold am fix USS369.75 -USS7.85 Rubber S pore Feb 144.75Vkg FO M'sia Feb 231.00«/kg F50 KL Tin Turnover 28 tonnes +18 Spot MS 14.90 /kg +0.08 Crude palm oil Turnover 1,840 lots +247 Feb MS845 /tonne +14
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  • Article
    Rashid Hussain considering 49pc stake in Alliance
    400 1  -  By William Chia RASHID HUSSAIN BHD is planning a tie-up with Singapore's Alliance Securities that could make it the first Malaysian stockbroking group to enter the Singapore market. RHB, in a brief announcement to the Kuala Lumpur Stock Exchange yesterday, said that it
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  • Article, Illustration
    Lock icon Bush confident of US economic turnaround soon
    557 1 Call for moves to fuel growth and investments Reuter US PRESIDENT George Bush said yesterday that he is optimistic that the US economy will soon pull out of recession and he called for renewed efforts to encourage economic growth and long-term investments. In
    Reuter  -  557 words
  • Article
    Lock icon Iraqi troops clash with allied forces at Saudi-Kuwaiti border
    408 1 THE WAR Agencies IRAQI ground troops clashed with allied forces yesterday. Both sides said the fighting occurred at Khafji, a port city on Saudi Arabia's border with Kuwait. Iraq claimed to have pushed 20 km "throughout all the battlefront with Saudi
    Agencies  -  408 words
  • Article
    Bad time to raise foreign workers levy: shipyards
    466 1  -  By Rahita Elias SHIPYARD representatives fear the higher levy on foreign workers, announced b\ the government tvvo days ago. will dampen the marine industry's prospects, especially with the current unceitaintv stemming from the (iull War. "Wc have been anticipating an increase in
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  • Article
    Gulf war key topic at WEF
    226 1  -  By Kenneth James THE WAR in the Gulf is set to feature prominently at an international meeting of government and business leaders which opens today in Davos, Switzerland, amidst intense security. The Annual Meeting of the Geneva-based World Economic Forum (WEF), dubbed the "world
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      275 1 Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Pfwne, 235 1333 Kuala Lumper Phone. 757 0233 Penang Phone, *****5/*****4 Jakarta; Phone 374 08V 380 1472 Aircraft Schedule 25 Money Changer Rates 25 Wert? 25 Ad Marketing 12 Money Market 23 World New 8 Commodities 24 Regional Co
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      Page 1 Advertisements Column 2
      33 1 Coalition's rift over war aims may widen, Pg 9 Israel may not restrain itself much longer, Pg 9 Row over Gulf support erodes German superstate image, Pg 9 The Bottom Line, Back Pg
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    • Advertisement
      Page 1 Advertisements Column 3
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      Page 1 Advertisements Column 4
      6 1 Editorial, Page 10 Analysis, Page 11
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Financial aid for arts organisations
        122 2 THE Ministry of Information and the Arts said yesterday that arts organisations in the performing, visual, and literary arts can apply for financial assistance under its annual grant scheme for the period between April 1 this year and March 31, 1992. The scheme, introduced in
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      • Article
        Tender for TCOEs
        76 2 THE next monthly tender for vehicle entitlements will open tomorrow at 9am and close at 4pm next Thursday, te Registry of Vehicles said yesterday in a statement. TCUfcs (Temporary Certificates of Entitlements) issued in this tender will be valid for three months from March 1 to May
        76 words
      • Article
        Dr Lee visits artillery HQ
        96 2 SENIOR Minister of State for Defence Dr Lee Boon Yang yesterday visited the headquarters of the Singapore Artillery as part of his series of familiarisation visits to the SAF units, Mindef said in a statement. During the visit, Dr Lee observed reservists from the Singapore
        96 words
      • Article
        Polytechnic awards
        69 2 THE Singapore Polytechnic will present awards today to organisations which have taken part in its training programme for the past 15 to 20 years. Six establishments, including Matsushita Electronics Components, Sembawang Shipyard and Singapore Telecom, will be given special awards for having trained the largest number of students.
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      • Article
        Myanmar officials on visit
        66 2 THE Singapore Anti-Narcotics Association is currently playing host to six officials from the Myanmar Ministry of Information who are in Singapore until Feb 4. The visit is organised at the request of the United Nations Educational, Scientific and Cultural Organisation (Unesco). Sana said in a statement
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      • Article
        Sports complex for Temasek
        62 2 THE Public Works Department has completed a new sports complex for Temasek Junior College and will be handing it over to the Education Ministry today. Costing $3.8 million, the new complex includes a club-house style building, two spectators' galleries, two tennis courts, one practice court, three
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    • Article
      HDB to sell 8.8 hectares of residential, commercial land
      372 2  -  By Elaine Koh THE Gulf War notwithstanding, the government programme of land sales is continuing, with a further 8.8 hectares of residential and commercial land in new towns expected to come on the market within the next month or two. The
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    • Article
      Property deals dive
      260 2 A PEAKING market and a weakening yen contributed to a $2 billion fall in property transactions last year to $2.71 billion. This was a 43 per cent drop from the previous year's heated market, according to figures from property consultants Richard Ellis. These figures reflect only major
      260 words
    • Article, Illustration
      Tse Sui Luen opens $20m factory-cum-showroom
      259 2 TSE SUI LUEN Jewellery (TSL) of Hongkong, which first established operations in Singapore in 1976, has opened a $20 million factory-cum-showroom in Alexandra Road. The TSL factory will have "designing, manufacturing, wholesaling and retailing activities, all housed under one roof, said chairman and founder
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    • Article
      Rotary Club in joint launching of 'green' awards
      250 2 THE Rotary Club of Singapore is launching the first environmental awards, aimed at acknowledging companies and individuals that have made the greatest contributions to the environment. The Preserve Planet Earth Awards is launched jointly with Hongkongßank, Business Times and The New Paper.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      197 2 v ;P r_v v > ■> < V-* w "> Nv' r:-* *•<-. V .'J. >: '-v.,; V'\\ J- --V 1 :-v v;- We became the leader in UNIX solutions by first meeting industry standards, then by meeting our own. I* J j Hewlett-Packard was grow in the future. solutions,
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      NatSteel to raise $75.48m from new stock placement
      389 3  -  Bulk of proceeds to refinance BJH acquisition By Lilian Ang NATSTEEL Ltd yesterday announced a private issue of 9.64 million new $1 stock units at $8 apiece, which will be placed out through SG Warburg Securities (Singapore) and DBS Bank. It will
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    • Article
      Lock icon M'sian ministry has stakes in 11 firms
      394 3 MBT MALAYSIA'S Ministry of Public Enterprises currently has direct and indirect interests in 11 companies which are listed on the main board of the Kuala Lumpur Stock Exchange. The ministry's direct interests are held through agencies which are directly under its supervision. An
      MBT  -  394 words
    • Article
      Lock icon Chinese troika shows signs of strain
      553 3 MARKET TALK Reuter WllfcN three of Malaysia's largest Chi-nese-run companies began amassing stakes in each other over a year ago, analysts billed it as the genesis of one of South-east Asia's most powerful corporate alliances. Today the troika of IGB Corp Bhd, Inter-Pacific Industrial
      Reuter  -  553 words
    • Article
      Travelnet, Abacus merging reservation services
      411 3  -  By David Chew SINGAPORE'S two main travel reservation systems Travelnet and Abacus are being merged to streamline reservation services offered to the Republic's travel agents. The merger will involve Singapore Telecom, the owner of Travelnet, taking up an equity stake in Abacus Travel Systems, the
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    • Article
      Lock icon Lobbying for minority votes proves crucial to outcome
      395 3 Petaling Tin boardroom tussle NST INTENSE LOBBYING by the two substantial shareholders of Petaling Tin Bhd for minority shareholders' votes proved to be the deciding factor at Monday's extraordinary general meeting (EGM). Feedback from shareholders who attended the meeting brought to light
      NST  -  395 words
    • COMPANY BRIEFS
      • Article
        Dreamland clarifies deal with US firm
        102 3 DREAMLAND HOLDINGS BHD said it has secured a big contract from an American company to produce steel furniture in Malaysia. In a statement yesterday to clarify a report in The Star. Dreamland said "the big contract is a normal sale order and is not
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      • Article
        New UOB shares to be listed
        77 3 AN ADDITIONAL 1.04 million $1 ordinary shares of United Overseas Bank arising from the exercise of 1.04 million warrants 1994 between Jan 1 and Jan 15, 1991 will be granted listing and quotation with effect from Feb 4, the SES said yesterday. These shares,
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      • Article
        Corporatisation bill to be tabled
        98 3 A BILL on the corporatisation of Malaysia's Department of Civil Aviation (DCA) has been prepared and is scheduled to be tabled at the Dewan Rakyat in the middle of the year, Deputy Transport Minister Datin Paduka Hajah Zaleha Ismail said yesterday. She told the Dewan
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      • Article
        Amanah Harta makes M$2.8m
        147 3 THE AMANAH HARTA TANAH (AHP), launched by Permodalan Nasional Berhad (PN) on March 21, 1989, registered a MS2.B million profit in the first six months of last year, the Dewan Kakyat was told yesterday. Minister in the Prime Minister's Department, Syed Hamid Albar, said the profit
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      • Article
        YHS raises stake in YHS (M)
        62 3 YEO HIAP SENG LTD has increased its interest in its associate company Yeo Hiap Seng (Malaysia) Bhd to 33.52 million Msl shares, representing 40 per cent of the latter's paid-up capital. The increase was the result of acceptances of the bonus issue (4.03 million
        62 words
      • Article
        NZ company changes name
        45 3 NEW ZEALAND Milk Products Holdings (S) Pte Ltd, which has operational headquarters status in Singapore, has changed its name to Milk Products Holdings (SEA), with the five-let-ter acronym MPSEA. The name change has been approved and listed with the Singapore authorities.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Tokyo firms step up internationalisation
        108 4 JAPANESE manufacturing companies have stepped up internationalisation of their business and have boosted sales py er seas, the Ministry of International Trade and Industry said on Tuesday. The ministry said in a survey report that subsidiaries set up overseas by Japanese manufacturing firms in calendar
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      • Article
        Goldstar Inv, Hanyang merge
        60 4 TWO South Korean short-term financing companies, Hanyang Investment Finance Co and Goldstar Investment Finance Co Ltd of Lucky-Goldstar Group agreed in principle to merge and form a bank, company officials said. The total capital of the new bank will be 199.5 billion won 134 billion from
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      • Article
        USSR-Marubeni in van deal
        108 4 JAPAN'S mammoth trading firm Marubeni Corp said yesterday the Soviet Union had been negotiating with Marubeni to buy commercial vehicle production equipment worth 40 billion yen (about Sss2 million). A Marubeni spokesman said the Soviet Union was planning to buy stamping equipment, metal molds, plastic injection
        108 words
      • Article
        Hopewell wins tax concession
        130 4 THE HONGKONG-based Hopewell Co yesterday won a major tax concession from the government for its projected investment in real estate development projects and Bangkok's elevated train system, the Bangkok Post said on Tuesday. Board of Investment (Bol) Secretary General Chira Panupong said the agency's board, chaired
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      • Article
        Unicord bid to raise capital
        86 4 THAILAND'S LARGEST TUNA canner, Unicord Co, stunned the financial world yesterday with a spectacular bid to raise its registered capital three-fold to 2.1 billion baht in a bid to curb its debt burdens and expand local production capacity. In a report to the Stock Exchange
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      • Article
        Tobishima moves to cut debt
        68 4 JAPANESE construction company Tobishima Corp plans to sell property to reduce borrowings worth 373 billion yen, a company spokesman said. He said details of the sell-off will be determined after consultation with its major creditor, Fuji Bank Ltd, and other banks. Japan's Nihon Keizai Shimbun
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    • Article, Illustration
      Lock icon KL to file M$12m claim against Syarikat Mitsui
      469 4 Allegations of improper management of power station Bernama THE Malaysian government will file a Msl2 million (557.7 million) claim against Syarikat Mitsui Corporation for alleged improper management of the Msl billion Paka Power Station. Energy, Telecommunications and Posts Minister Datuk Seri Samy
      Bernama  -  469 words
    • Article
      San Miguel up despite poor margins
      347 4 STRONG fourth-quarter sales paved the way for a five per ccnt rise in profits at San Miguel Brewery, with earnings after tax but before cxtraordinarics up by HK$5.5 million to HK$ 109.62 million, according to the South China Morning Post. Margins at Hongkong's biggest
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    • Article
      Indon state-owned firms —18 to make more profits
      253 4 EIGHTEEN COMPANIES owned by the Indonesian Public Works Ministry arc cxpcctcd this year to make a pre-tax profit of about Rp3o billion (about 5527.5 million) more than that of last year, the Jakarta Post reported on Tuesday. The Indonesia newspaper quoted Minister
      253 words
    • Article
      Kumagai bags HK airport contract
      219 4 AN INTERNATIONAL consortium led by the Hong-kong-listed Kumagai Ciumi (Hongkong) has picked up the first on-site contract for the new Chck Lap Kok airport, and intends to seek more contracts, the South China Morn in# Host reported on Tuesday. The project, worth about HKS3II million,
      219 words
    • Article
      Indonesia to install power generating units with a capacity of 300MW
      489 4 THE INDONESIAN State Electricity Company (PLN) will soon set up new power generating units with a combined capacity of 300 megawatts (MW) in Jakarta, besides accelerating the construction of ongoing projects to overcome a possible shortage in electricity supply,
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    • Article
      Dusit Thani to add two hotels to chain
      416 4 THE DUSIT THANI Hotel Group is set to add two hotels to its nationwide chain of seven properties which it owns and operates. According to The Bangkok Post on Tuesday, the group is expected to conclude a management contract with the JB
      416 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      151 4 A Concept Designed to Expose the best of Retail Display Situated in the heart of Kuala Lumpur's most prominent hotel and tourist belt, and within ARCADIA GREEN, K.L.'s newest upmarket retail and display Shopping Centre. With the distinct advantages of:- its central locality for retail unmatched by other Shopping Complexes.
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      Page 4 Advertisements Column 2
      73 4 NOTICE BANK BUMIPUTRA MALAYSIA BERHAD SINGAPORE BRANCH U5550,000,000 Floating Rate Negotiable United States Dollar Certificates of Deposit due 1992 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the period from 31 January 1991 to 31 July 1991 the Certificates will carry an
      73 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Tesco challenges rivals with £572m rights issue
      496 5 Reuter TESCO PLC has thrown down the gauntlet to the food retailing industry with a £572 million rights issue and analysts arc wondering just who among its competitors is strong enough to take up the challenge. "The issue is good for Tesco but
      Reuter  -  496 words
    • Article
      Lock icon Rights issues to make a comeback in Britain
      358 5 Reuter THE LITTLE-USED rights issue is set to make a comeback, as British companies make demands on shareholders rather than beg for expensive loans from banks. "This year will be the year of the rights issue," said Jerry Evans, equity analyst at
      Reuter  -  358 words
    • Article
      Lock icon Handful of media giants likely to grasp world market
      244 5 Reuter BIG PUBLISHING and media companies are diversifying and spreading so rapidly that about half a dozen groups arc likely to dominate the world market by 2000, the International Labour Organisation (ILO) said on Tuesday. "Media giants arc now involved in
      Reuter  -  244 words
    • Article
      Lock icon French firms post weaker profits
      253 5 Reuter AFTER years of gobbling up foreign companies, many large French firms are now paying the price in the form of weak 1990 profits. Analysts in Paris said on Tuesday that two of the biggest and most acquisitive firms, glass maker Cie de Saint-Gobain and
      Reuter  -  253 words
    • COMPANY BRIEFS
      • Article
        Washington urged to block Japanese buyout
        147 5 TEN MEMBERS of the US House of Representatives asked President George Bush on Tuesday to block a Japanese firm from buying into a company whose products are used to make atomic weapons. The bipartisan group urged Mr Bush in a letter to prevent Fanuc
        147 words
      • Article
        Bid to save N Y daily
        132 5 THE ADVISER to striking unions at the mass-circulation New York Daily News said on Tuesday he was exploring ways of buying the paper in a last-ditch effort to save it from closing. The adviser, Theodore Kheel, said Lazard Freres, the investment house that represents
        132 words
      • Article
        Meeting notice inadequate: NCR
        85 5 NCR CORP said American Telephone and Telegraph Co s request for a special stockholders meeting is "inadequate" because it fails to specify the number and identity of directors who would be subject to removal at the meeting. In a filing with the Securities and Exchange Commission,
        85 words
      • Article
        News Corp to sell TV stake
        98 5 RUPERT MURDOCH'S debt-ridden News Corp has put its 50 per cent stake in the Eurosport satellite television channel up for sale, sources close to the company indicated on Tuesday. News Corporation has worldwide debts estimated at £3.5 billion (USS6.9 billion) and the move to
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      • Article
        Club Med profits up by 80pc
        121 5 CLUB MED Inc, the US unit of the French Club Mediterranee holiday company, reported an 80 per cent increase in profits in 1989-90 but warned that the outlook was clouded by economic concerns and by the Gulf war despite big demand from Japan. Net
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  • Page 5 Advertisements
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      218 5 ftk pS^ y v dr -.giflj PHP^ r J[ Am/iPSiP"^' 'fl rr /7 C7l 1 a 1 il J 1 11L I» 1 (\,i< (\e toH6 unsur selected lo enhance lite Jisli. &\s such, insleaJ of pussy fooling tfrom 23 flan. lo 5 &eb.. we Lave contingencies lo caler lo
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Commonwealth Bank aiming for June listing
        92 6 THE FEDERAL government-owned Commonwealth Bank of Australia expects to become a listed company by the end of June, a bank official said in Sydney on Tuesday. "We are hoping that they (shares) would be quoted on the exchange at the end of this financial
        92 words
      • Article
        UK rates to be cut when needed
        69 6 BRITISH PRIME MINISTER John Major said the government would reduce interest rates when it is appropriate to do so. Speaking to Parliament on Tuesday, Mr Major said the thrust of economic policy was to reduce That is the thrust of policy and it
        69 words
      • Article
        Manila sets new forex rules
        97 6 THE PHILIPPINE central bank has announced new rules for foreign exchange trading for commercial banks in an attempt to increase dollar liquidity and liberalise the market, bankers said. A central bank circular on Tuesday removes with immediate effect the rule imposing minimum buying and maximum
        97 words
      • Article
        HKBank on Hang Seng stake
        78 6 A HONGKONG and Shanghai Banking Corp spokesman declined comment on market talk that the bank would sell part of its 61.48 per cent stake in Hang Seng Bank Ltd. "The rumour about the sale of some Hang Seng Bank shares crops up every now and
        78 words
      • Article
        Milken gets appeal extension
        109 6 FORMER junk bond king Michael Milken, sentenced to 10 years in jail for securities crimes, has received an extension to March 4 to appeal the term. The deadline for the appeal had been set at last Friday. US District Judge Kimba Wood on Monday granted Milken's
        109 words
      • Article
        Swiss banks cut bond rates
        114 6 UNION BANK of Switzerland (ÜBS) and Zurich Cantonal Bank said they had cut rates on cash bonds effective on Tuesday, following Credit Suisse's lead last Friday. ÜBS cut rates on three and four-year bonds by 1/4 and 1/2 points respectively to 7-1/2 and 7-1/4 per
        114 words
      • Article
        BT Australia's profit up 19pc
        84 6 BANKERS TRUST AUSTRALIA Ltd, a wholly-owned unit of Bankers Trust New York Corp, said its net profit rose 19 per cent to A$ 122.9 million in calendar 1990. BT Australia, estimated by analysts to be the most profitable foreign-owned bank in Australia, said it had
        84 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article
      Mexican bank to set up trade commission here
      314 6  -  From Magdalene Ng in MEXICO CITY MEXICO'S fourth largest bank, the Foreign Bank of Mexico (Bancomex) will be setting up a trade commission in Singapore in April as part of its plan to expand in the Asia-Pacific. This plan was revealed by
      314 words
    • Article, Illustration
      Lock icon Three exchanges in Globex talks
      389 6 Reuter TALKS are underway with futures exchanges in New York, London and Singapore to join Globex, the afterhours electronic trading system being developed by Reuters Holdings pic, the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), said Leo Melamed, chairman of the
      Reuter  -  389 words
    • Article
      Lock icon Kuwaiti banks raise cash for settlement
      479 6 Reuter SOME Kuwaiti banks have been raising cash by selling holdings of securities and loans to prepare for settling their outstanding interbank positions, Kuwaiti bankers said in London on Tuesday. One billion dollars may have been raised. The banks are hoping to be unfrozen
      Reuter  -  479 words
    • Article
      HK arrests seven futures traders
      446 6  -  From Catherine Ong in HONGKONG SEVEN Hongkong futures traders were arrested yesterday in connection with an investigation of corruption in the trading of the Hang Seng index futures contracts. The Independent Commission Against Corruption (ICAC) said the seven, whose names were withheld, were later released
      446 words
    • Article
      Lock icon S Africa plans to launch bond issue: German bankers
      362 6 Reuter SOUTH AFRICA, shunned on world capital markets for six years, believes it has improved its image enough to allow public issues of debt abroad. German bankers said on Tuesday that Pretoria intended to launch a governmentbacked bond issue in early
      Reuter  -  362 words
    • Article
      Bank of Thailand to open up forex, financial markets
      298 6 THE LIBERALISATION of the Thai financial and foreign exchange markets will allow both local banks and borrowers to obtain funds at a lower cost. The Nation said on Tuesday. Major banks are gearing up for a big challenge when the Bank
      298 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      63 6 Results of tender for taxable book-entry Government Bond 1990 due 1 September 1995 to be issued on 1 February 1991 Tenor approx. 5 years Amount Offered Allotted *****,000,000 Amount Applied *****,525,000 Interest/Coupon Rate 5.375% pa. Average Yield Price on Allotment 5.28% pa. and 102.664% Cut-off Yield and Price 5.29% pa.
      63 words
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      Page 6 Advertisements Column 2
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  • THE REGION
    • Article
      Lock icon Jump in M'sia's palm oil exports
      486 7 NST MALAYSIA'S palm oil exports notched up huge increases last year in the big markets, especially China, Pakistan and India. This helped the country export nearly six million tonnes, a record high. Sales in China, in particular, showed a dramatic increase, evidence that the
      NST  -  486 words
    • Article
      Refiners, growers try to settle dispute
      495 7  -  By David Chew A THREATENING bleak outlook in the Malaysian palm oil industry marked by lower production levels in December and suspended crude palm oil (CPO) exports to the Middle East this month, has made refiners and plantation growers attempt to settle their ongoing
      495 words
    • Article
      Lock icon Grim times for Australian farmers
      244 7 Reuter AUSTRALIA'S farm sector, oncc the mainstay of the economy, faces grim times as world demand for its products falls, the annual conference of Australian eommodity specialists was told on Tuesday. Weak economics, uncertainty in the Middle East and Soviet Union and lower prices as
      Reuter  -  244 words
    • Article, Illustration
      N Korean premier in Thailand to boost relations
      50 7 North Korean premier Yong Hyong Muk (right) walks past a giant temple guardian during a sightseeing trip at the Grand Palace in Bangkok on Jan 30. Mr Yong and his 10-member delegation was in Thailand to boost relations between the two countries
      50 words
    • Article, Illustration
      Lock icon Aquino stresses need for reforms, hits out at critics
      287 7 AFP PHILIPPINE President Corazon Aquino on Tuesday pledged key economic reforms and belittled critics of her reform programme, which calls for new taxes, increased power rates and high oil prices. The reforms, contained in a draft agreement submitted by the Philippines
      AFP  -  287 words
    • Article
      KL's oil trade set to withstand pressures from war
      306 7 THE GULF WAR, which increasingly seems to be developing into a protracted war, will have a definite impact on the supply of petroleum products for many countries, but Malaysia an exporter of crude oil is in a better position to withstand
      306 words
    • NOTE BOOK
      • Article
        New rule for Filipinos seeking work in HK
        81 7 FILIPINO WORKERS seeking employment in Hongkong must apply directly to the government in the colony alter the British Embassy in Manila restricted access to the embassy for security reasons. Applicants are advised to submit applications by post or through employers to the
        81 words
      • Article
        Lawsuit against Marcos estate
        76 7 A FEDERAL JUDGE in Honolulu has refused to dismiss a class action lawsuit against the estate of former Philippines President Ferdinand Marcos, ruling US courts had jurisdiction in the case. Lawyers for the Marcos estate had asked visiting Chief Judge Manuel Real to dismiss a class
        76 words
      • Article
        Indonesian union talks back
        81 7 LEADERS OF INDONESIA'S new Solidarity trade union challenged President Suharto on Tuesday for dismissing the group as unnecessary. In a letter to Mr Suharto, union secretary-general Saut Aritonang disputed a statement by the president that Indonesia needed only the government-backed SPSI (All-Indonesia Workers' Union). "It is
        81 words
      • Article
        Alatas due in Hanoi for talks
        57 7 INDONESIAN FOREIGN MINISTER Ali Alatas and French minister-delegate Edwige Avice are to arrive in the Vietnamese capital today for talks on a Cambodian peace plan. Mr Alatas and Ms Avice, who is attached to the French Foreign Ministry, were to be joined on the
        57 words
      • Article
        M$179m small enterprise loans
        51 7 THE SMALL Enterprises Development Special Scheme, cosponsored by the Malaysian government and the World Bank, had released 1.058 loans worth about MS 179 million. Loans given out under the technical component plan amounted to about Ms2l million. Deputy International Trade and Industry Minister Chau Jui Meng
        51 words
      • Article
        N Korean PM to visit KL
        115 7 NORTH KOREAN Prime Minister Yon Hyong Muk will make a four-day official visit to Malaysia beginning Monday. Mr Yon's 28-member delegation will include the republic's vice-prime minister-cum-chairman of the light industry commission, minister of external economic relations, vice-minis-ter of foreign affairs, and vice-minister of
        115 words
    • Article
      Lock icon Cardinal Sin prepared to use clout of office to foster political change
      394 7 Reuter CARDINAL Jaime Sin, the smiling prelate of the Philippines, says he believes in the separation of church and state, but he is not afraid to use the clout of his office to help foster political change. In
      Reuter  -  394 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      43 7 Only Finnair would fly round in circles to London Every Tuesday and Friday from Singapore to Helsinki via The Great Circle Route and on to London. Get round to calling us today. The number s *****77. We know Europe from start to Finnish.
      43 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Menem appoints new Economy Minister
        80 8 ARGENTINE President Carlos Menem has given an Ameri-can-educated economist the job of pulling the country out of its latest economic crisis. He appointed Domingo C avallo. currently Argentina's Foreign Minister, to replace Antonio Ernian Gonzalez as Economy Minister on I uesday. Mr avallo. a Harvard
        80 words
      • Article
        Taipei planning record deficit
        65 8 TAIWAN plans a record NT$3l4 billion budget deficit for the financial year starting in July as the government steps up public works spending. "When popular willingness to invest is low. it is difficult to boost the entire economy," Wang Jung-chou. head of the Treasury Department at
        65 words
      • Article
        Poland's production slumps
        71 8 PRODUCTION in Poland's state-dominated industrial sector plummeted by 25 per cent while the private sector nearly doubled its share of the output during the first year of the countrv's dramatic economic reforms, say government officials. Unemployment surged faster than anticipated, with more than 1.1 million people, or
        71 words
      • Article
        Moscow may raise food prices
        82 8 SOVIET OFFICIALS have hinted that rises in the price of food and other essentials are imminent, saying price reform is vital for the economy. V Senchagov, head of the state commission on prices, told l:\estia. "Reform of retail prices are necessary and it has to
        82 words
      • Article
        Hungary forecasts turnaround
        79 8 THE AUTHORS of Hungary's new economic blueprint expect the country's slide into recession to halt and perhaps start to reverse in 1992. Almos Kovacs, deputy state secretary in the Finance Ministry, said in Budapest on Tuesday that officials drawing up the new plan were assuming that the
        79 words
      • Article
        Prices up in Czechoslovakia
        91 8 CZECHOSLOVAKIA underwent another round of pnee increases on Tuesday, which combined with a new government agreement on wages is expected to drop the standard of living even further this year. The Finance Ministry announced it would remove subsidies for milk, potatoes and other basic foodstuffs as
        91 words
    • Article
      Lock icon EC to announce reforms in farm trade policy soon
      244 8 Reuter THE European Community will soon announce reforms for its agricultural programmes that could help break the deadlock in the world trade talks. Speaking after meeting senior Canadian government ministers in Ottawa on Tuesday. EC vice-president Frans Andricssen said the Community
      Reuter  -  244 words
    • Article
      Lock icon British business confidence slumps to 10-year low
      391 8 Companies' sentiment hurt by recession Reuter RECESSION has shattered business conlidencc in Britain and companies are at their gloomiest for 10 years, according to the Confederation of British Industry (CBI). A CBI survey released on Tuesday found 55 per cent of firms were
      Reuter  -  391 words
    • Article, Illustration
      A pledge for peace
      56 8 Nelson Mandela (left), vice-president of the African National Congress, shaking hands with Mangosuthu Buthelezi, president of the rival Inkatha Freedom Party, after their first meeting in 30 years in Durban on I uesday. Both men made a joint commitment to peace and called on their warring
      56 words
    • Article
      Lock icon Record trade expected
      204 8 Reuter SINO-JAPANESE trade will hit a new high this year, after falling last year, with Japanese exports picking up. says a Japan External Trade Organisation (Jetro) report. Last year. China posted a record surplus of US$5.B9 billion, up from the previous record of I J552.63 billion in
      Reuter  -  204 words
    • Article
      Lock icon Soviets to take sealed bids for oil leases
      186 8 UPI SOVIKT officials, including representatives of the energyrich Turkmen republic, have outlined plans to accept sealed bids from international oil companies for oil and natural gas leases, a first in Soviet history. "Until recent reforms, only the Soviet government was allowed to
      UPI  -  186 words
    • Article
      Lock icon Officials warn Soviet Union could become oil importer
      366 8 AP OIL OFFICIALS arc warning that a disastrous dcclinc in Soviet oil output could force the country to stop exporting oil and start importing it by the end of 1993. Since oil provides a major part of Soviet export earnings. such a
      AP  -  366 words
    • Article
      Lock icon Baltic crisis dampens Tokyo investors' interest in Moscow
      342 8 NYT A THREE-DAY conference on Soviet-Japanese economie cooperation opened in Tokyo yesterday, hut recent developments in the Baltic states have diminished the enthusiasm of many Japanese companies to do business in the Soviet Union. Initially. Japanese companies viewed the conference as an
      NYT  -  342 words
    • Article
      Lock icon US consumer confidence hits decade low
      351 8 Reuter FEARS of war and recession pushed consumer confidcncc in the US to a 10-year low in January, robbing the country's economy of its main engine for growth. The Conference Board, a private American research group, said on Tuesday that its Consumer Confidence Index
      Reuter  -  351 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      174 8 AV 1 An opportunity to lease a garden ferrace cafe restaurant bar in the heart of Kuala Lumpur's Go4d*n Triangle SB Imoqine an opportunity for you to lease M mi M and operate a restaurant in trie heart of KLs prominent tourist/hotel belt, '/J neor to the new Concorde Hotel
      174 words
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      Page 8 Advertisements Column 2
      71 8 As part of the worldwide integration of its Futures Option Brokerage Activities Bandue Indosuez is pleased to inform you that with effect from Ist February 1991 our subsidiary's name in Singapore has been changed from CARR FUTURES INTERNATIONAL PTE LTD to INDOSUEZ CARR FUTURES PTE LTD Kindly note that we
      71 words
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  • THE GULF WAR
    • Article, Illustration
      Lock icon Coalition's rift over war aims may widen
      543 9 Reuter THE RESIGNATION of French Dcfcnce Minister Jean-Pierre Chevenement highlights a rift in the Gulf coalition over the ultimate aims of the war against Iraq. Mr Chevenement, who heads a faction in the ruling Socialist Party that has been against the war since
      Reuter  -  543 words
    • Article
      War means business opportunities
      455 9  -  From Al O Labita in MANILA THE WAR in the Persian Gulf has posed immense business opportunities for Asia's mining industry, according to a Singapore businessman. Mining activities arc expected to perk up as market demand for copper and other mineral products used in the manufacture
      455 words
    • Article
      Lock icon Filipino builders have much to gain
      233 9 Reuter THE PHILIPPINES said on Tuesday the Gulf War would present a major opportunity for Filipino companies and contract workers to help in rebuilding Kuwait when the conflict is over. The end of the Gulf War "will present massive opportunities to Filipino workers who
      Reuter  -  233 words
    • Article
      Lock icon Row over Gulf support erodes German superstate image
      435 9 Reuter A RAIN of criticism on Bonn for its low-profile Gulf policy has eroded united Germany's image as the new European superstate. Chancellor Helmut Kohl responded to attacks from abroad on Tuesday by pledging men, money and missiles to help the allied
      Reuter  -  435 words
    • Article, Illustration
      Lock icon Israel may not restrain itself much longer
      517 9 NYT AFTER several days of growing frustration over the slow pace of allied efforts to eliminate Iraq's Scud missile launchers. Israeli officials warned on Tuesday that Israel may not wait much longer before it attacks. For the last 10 days or so, Israeli
      NYT; Reuter picture  -  517 words
    • Article
      Lock icon Iraq does not have N-arms: Soviets
      208 9 AFP TOP Soviet military officers and experts have dismissed threats of an Iraqi nuclear attack, but said Iraq had the potential to wage chemical and biological warfare. Iraqi President Saddam Hussein on Monday warned in an interview with Cable News Network that Iraqi missiles
      AFP  -  208 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      569 9 ASIA'S PREMIER CONFERENCE AND EXHIBITION FOR THE BANKING AND FINANCE INDUSTRY The Asia-Pacific... the new frontier of growth in the 21 st century, ond Singapore... the regional financial hub ma n a A f L cnt 11 and one of the world's fastest growing business capitals... provide the perfect setting
      569 words
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  • Article
    Rocking the boat
    505 10 EDITORIAL FISCAL controls of any nature are rarely welcomed. But labour-short employers, mindful of the need to keep a lid on the pool of imported workers in Singapore, duly budget for the foreign worker levy as a component of manpower costs. The levy is adjusted so far,
    505 words
  • WHAT THE OTHERS SAY
    • Article
      Decisive victory needed
      222 10 IT SHOULD now be clear that, if anything, the allies have not been forceful enough towards Saddam Hussein. He is manifestly unbowed by all the awesome airpower that the allied forces have unleashed. Cocking his snook at the entire international community, he said very defiantly that Kuwait
      222 words
    • Article
      Closer ties with Pahang
      152 10 THE VISIT of the Pahang trade delegation led by its Menteri Besar, Tan Sri Haji Mohd Khalil Yaakob, illustrates the trend towards closer economic relations between Singapore and the Malaysian states. Apart from Pahang, other Malaysian states, including Malacca, Penang and Terengganu, have expressed an interest
      152 words
    • Article
      Japan's Gulf aid
      134 10 LAST WEEK, Japanese Premier Toshiki Kaifu announced that his government had decided to offer another US$9 billion to the US-led multinational forces as well as despatch transport planes to the Middle East to help evacuate refugees. This is the first time since the war that Japan has
      134 words
  • REGIONAL VIEWPOINTS
    • Article
      A test for the banks
      177 10 BANK NEGARA is saying that it expects more market-oriented yield curves to emerge as a result of allowing banks to set their own base lending rate. It will help in the development of a viable secondary market in public and private securities, especially fixed rate
      177 words
    • Article
      Copying the right move
      186 10 THE SUB-COMMITTEE of the Law Reform Commission published a long list of recommendations, among them the creation of an "Industrial Design Registry", so that a record can be kept of new ideas and emblems which are routinely poached at present. The proposals include a copyright period
      186 words
    • Article
      Ready to help
      151 10 AS LONG as President Saddam Hussein does not deem it necessary to show some kind of gesture to indicate that Baghdad is willing to talk about the possibility of a withdrawal from Kuwait, we do not see any possibility of the coalition countries being willing to at
      151 words
  • Article, Illustration
    Lock icon Even the Stalinists did it better
    829 10  -  Will the move to withdraw large rouble notes do anything for Soviet economic reform? Probably not, says Peter Passell Peter Passell NYT TO long-suffering Soviet citizens, last week's confiscation of 50and 100-rouble notes may seem further proof that perestroika is just another word for
    NYT  -  829 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      14 10 Doonesbury's Gary Trudeau is down with influenza [Keep your investment decisions on target nHAKrpanriii
      14 words
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      Page 10 Advertisements Column 2
      138 10 UP. LIVING IT SM EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. Wc 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-flying towel, or
      138 words
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  • ANALYSIS
    • Article
      Lock icon What sort of person is Nelson Mandela's wife?
      1181 11  -  Winnie Mandela is facing charges of kidnapping and assault with intent to commit grievous bodily harm. Christopher Wren explains why Mrs Mandela's trail will be intensely followed in South Africa Christopher Wren NYT IN her 56 years, Nomzamo Winnifred Mandela has been
      NYT  -  1,181 words
    • Article, Illustration
      A meeting which can influence world events
      990 11  -  Once a year at about this time, several hundred business and political leaders from all over the world meet at a Swiss resort. BT's Economics Correspondent, Kennetn James, explains why Kenneth James, Davos. The weiitravcllcd will probably rccognisc the name and recall fond
      990 words
    • Article
      Lock icon If you can't afford a house, how about a car instead?
      494 11 How the Japanese are coping with high housing prices Asahi News Service LIKE Masahiko and Yasuyo Aya, many young couples living in and around Tokyo arc giving up their dream of owning a home and spending money on cars
      Asahi News Service  -  494 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      104 11 The Bio Decisions Lunch Our new Business Lunch is a big test fix every decision'maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. The* include: Venison Terrine wirh Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce
      104 words
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  • ADVERTISING & MARKETING
    • Article
      Long war portends lower growth for ad industry
      489 12 Media bookings after February uncertain THE GULF ■My THE Association of Accredited Advertising Agencies (4As) is scaling down its growth forecast for the advertising industry this year to a "more realistic" 5 to 6 per cent. However, with the Gulf war looking
      489 words
    • Article
      Lock icon Staples see higher profile in war
      191 12 NYT WAR is the best time to advertise staples on TV, even if they are defined as videos and steak sauce. That is what one media adviser is telling his clients, which include the agencies W B Doner, OMON and Pedone Partners, and advertisers
      NYT  -  191 words
    • Article
      Lock icon It's the Super Bowl of advertising
      759 12 UPI WHO needs Federal Reserve Board chairman Alan Greenspan when you have the National Football League (NFL)? While Greenspan plots the nation's course out of the deepening US recession, the NFL's economic offspring the Super Bowl showed few signs of slowing down. Over US$5OO
      UPI  -  759 words
    • Article
      COPY LINES
      281 12 SAATCHI Saatchi Thailand has been awarded the Ariston account, worth about US$4OO,OOO. Ariston is one of the world's largest manufacturers of home appliances. The account was previously handled by local Thai agency Prosper. J Walter Thomson has appointed its former director of client services and strategic planning, Gerry
      281 words
    • Article, Illustration
      A new haunt for the Japanese
      388 12  -  By Suzanne Soh THE unique EastWest design of the Telok Ayer Market will appeal very much to Japanese tourists, says the general manager of international operations for Kumagai Gumi Co. The Japanese contractor was yesterday formally awarded a $10-million contract by the Scotts Holdings
      388 words
    • Article
      Pointers from Asia for AGB International
      278 12 AGB International, represented here by Survey Research Singapore (SRS), is looking towards Asia for both technical and organisational leads. "There is clearly knowledge to be gained by our European operations from our Asia operations," chief executive Mark Booth told the UK Market Research Society
      278 words
    • Article
      Dolphin promotes foreign publications
      271 12 ANEW company, Dolphin Trade Press, was set up last October to provide specialised services to overseas publishers wishing to market and distribute their publications in the Asia-Pacific region. Formerly known as Beverly Investments, Dolphin's role lies in circulation development and media representation for the foreign publications
      271 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      61 12 Asian Business Consultants Pte Ltd Do you need good and reliable: {EXECUTIVE SECRETARY SECRETARY OR TOST/RECEPTIONIST Why should you advertise while our division JOB MATCH has the right person available. We can provide you immediately with service oriented and dedicated candidates* call Angela Chang today at 227 0502 (Mon Fri
      61 words
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      Page 12 Advertisements Column 2
      99 12 mf\ Y__—could he a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European merger. FOCUS zooms in on the news and issues of the day and —77\\ looks at them in more depth and breadth. yjf FOCUS is the news feature section
      99 words
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  • SPORTS
    • Article, Illustration
      Mexican mission
      702 13  -  Dunhill Cup The Mexican team dreams of winning the Dunhill Cup qualifying tournament. Cassandra How reports on how the boys hope to make their dream a reality Cassandra How HE MAY be the baby of the team, but Carlos Espinosa plays a mean enough game to keep even
      702 words
    • Article, Illustration
      Lock icon Johnson's coach quits
      396 13 Reuter, AP SPRINTER Ben Johnson's coach quit on Tuesday, saying he was returning to Louisiana to be closer to his wife, hurdler Kathy Frccman-Sea-gravc. "We've been talking about this for quite some time," Lorcn Seagrave said in an interview in Toronto. "Ben understands where I'm coming from.
      Reuter,; AP  -  396 words
    • Article
      Lock icon Grass holds no advantage for New Zealand
      301 13 AP NEW ZEALAND'S advantage in its Davis Cup tennis match against Argentina will be lessened by the home team's lack of practice on Wilding Park's grass courts, New Zealand team captain Jeff Simpson said yesterday. The two teams begin play tomorrow in the
      AP  -  301 words
    • Article
      Lock icon Super Bowl fails to score high ratings
      252 13 AP SUNDAY'S Super Bowl was the second-lowest rated in 17 years and the eighth-lowest ever, according to national figures released on Tuesday by AC Nielsen Co. The New York Giants' 20-19 victory over the Buffalo Bills on ABC-TV got a 41.8 rating, which
      AP  -  252 words
    • SIDE LINES
      • Article
        Sabatini struggles to defeat McQuillan
        91 13 FIFTH-SEEDED Gabriela Sabatini of Argentina struggled through 2 1-2 hours and two tie-breakers yesterday before beating Australian Rachel McQuillan 6-7 (5-7), 7-6 (7-3), 6-3 in the Toray Pan Pacific Open Tennis Tournament in Tokyo. Sabatini will meet American Peanut Louie-Harper of the United States in
        91 words
      • Article
        Rival bid to hold Olympics
        130 13 LONDON'S chances of attracting the Olyippic Games in the year 2000 suffered a setback on Tuesday when the bid headed by middle-distance legend Sebastian Coe was challenged by another consortium. The London Council for Sport and Recreation said it had written to the British Olympic
        130 words
      • Article
        Ekubia stops Kutondo
        102 13 KENYAN light-welterweight Juma Kutondo failed in his bid for the Commonwealth title in England on Tuesday night when he was stopped in the sixth round by champion Tony Ekubia. Kutondo signalled he had had enough S8 seconds into the round. Referee Dave Parris at first tried to
        102 words
      • Article
        Sainz clinging on to lead
        90 13 WORLD champion Carlos Sainz led the 59th Monte Carlo Rally with an overall time of 5 hours, 55 minutes and 30 seconds in the overall standings after the last stage on Tuesday night. Francois Delecour, driving a Ford, was only 4 seconds behind Sainz, after
        90 words
      • Article
        North-South talks go nowhere
        96 13 OFFICIALS of North and South Korea made little progress in Panmunjom yesterday in attempts to send single teams to international events. Prospects for the future of the talks were also bleak. The talks got under way with the Southern side accepting the North's proposal to select
        96 words
      • Article
        Facing some changes
        82 13 NEW ZEALAND and Sri Lanka must put behind them a busy programme of one-day cricket when they begin the first Test of a three-match series in Wellington today. Both teams have played few games outside one-day competitions in recent months. New Zealand took on Australia and England
        82 words
    • Article, Illustration
      Lock icon Spill upsets Kronberger's medal attempt
      163 13 AP A SPILL at the last gate of the super-giant slalom ended Petra Kronberger's bid to sweep the women's gold medals and threatened to knock her out of the World Alpine Skiing Championships in Austria. Kronberger, who won the downhill title on Saturday, underwent scanning
      AP  -  163 words
    • Article
      Lock icon Nuggets chalk up season-high fourth straight victory
      363 13 AP MICHAEL ADAMS scored 41 points, including four free throws in the tinal 6.4 seconds on Tuesday, as the Denver Nuggets held off a late rally to beat the Milwaukee Bucks 126-122. The victory' was a seasonhigh fourth straight for the Nuggets, who
      AP  -  363 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      81 13 NOTICE To the holders of the US$lOO,OOO,OOO Floating Rate Notes Due 2001 of: NATIONAL BANK OF HUNGARY (Magyar Nemzeti Bank) SZABADSAG TER 8-9, BUDAPEST V, H-1850, HUNGARY We hereby certify that the rate of interest payable on the above mentioned Floating Rate Notes for the Interest Period beginning on 31st
      81 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      275 14 WHFRF TO WINE. DIME AMP ENTERTAIN WHERE TO WINE, DIME AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word-of-mouth. I For outstanding haute cuisine in surroundings of unashamed I opulence. The Palm Grill is the name on everyone's lips. I Reservations, 330 8310 or 338
      275 words
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      Page 14 Advertisements Column 2
      257 14 w!tu jjk. ||Sr M, Retreat into a worid of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or sok) pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. Hyatt Regency Singapore 10-12 Scotts Road Singapore 0922 Td: 733 11® Open Faced
      257 words
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      Page 14 Advertisements Column 3
      271 14 "Honey, they're playing our song." wM/f 4BT.Tjin Romance blooms again at Club 5. Every night after 9 pm. The perfect place to relive the great times dub^ Plaza Hotel :yk|ii|K iiaK•; f/' I mil Billow« WW»tm»n Steamboat (Buffet <* <* Feast on an array of 30 types of buffet fare.
      271 words
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      Page 14 Advertisements Column 4
      198 14 An exciting experience awaits you at The Gazebo Hlfi fc* ,itL >-" i i j Happy Hours: ffl P%- 'flfc-! i spm to Bpm RHftkMA wML jfmL standard drinks Entertainment ORDER A CHICKEN DISH (appetizers, soup, salads desserts are on the house) rpirFftßH Pl" s your choice of coffee or
      198 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      480 14 TELEVISION AND RADIO 1J! ww SBCI2 7J5 Kr«toC*twy From Rio 4Jt wlh/ttH'crf. BUSINESS ON RADIO One soldier s war —-a. .ss:*"" sss™ assrsr- LN OMa TV A Ticket to the 9.45 C«f Rack 111 Gotten 5.30 AMa aad tha CMpamaks (Car- 5.30pm, 3.25 am: Financial News 'JH World (See Our
      480 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Burning with a passion for life
      858 15  -  Having just celebrated his 95th birthday, comedian George Burns gives the impression that there is still plenty of time for wild flings, and even a traipse down the marital aisle. Vernon Scott reports. Vernon Scott UPI George BURNS sipped a noonday Bloody Mary in
      UPI  -  858 words
    • Article
      Lock icon Fast-paced lifestyle tiring the Japanese
      521 15 About a quarter of the people of Tokyo feel tired all the time, according to a recent survey Asahi News Service TOKYOITES constantly feel tired, and while middle-aged men try to hide it, many younger women said they sometimes nap on trains, according to a
      Asahi News Service  -  521 words
    • Article, Illustration
      Japanese novelist dies of pneumonia
      536 15 CHATTER BO JAPANESE novelist Yasushi Inoue died of acute pneumonia at a Tokyo hospital on Tuesday night, his doctors said yesterday. He was 83. Inoue, who suffered from cancer of the esophagus, had been hospitalised since early last week. He underwent surgery in 1986. A
      536 words
    • Article, Illustration
      Lock icon Breast beating goes boom boom
      713 15 More and more women are undergoing surgery to enhance their bustlines. But are silicone-gel implants safe? A recent hearing in the US suggests they can make some women more susceptible to disease. The Economist MOST people assume that facelifts and tummy tucks are the bread
      The Economist  -  713 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      231 15 AND ENTERTAIN The Happiest Hours In Town. happy SPM TO BPM Tl DAILY OPINING HOURS Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. A ANA HOTEL 16 NASSIM HILL, SINGAPORE 1025. TEL:
      231 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares down slightly in hesitant trading
      840 16  -  By Quak Hiang Whai SHARE PRICES closed marginally lower on the Singapore stock market yesterday with trading marked by a lack of fresh news from the Gulf. Dealers said the local bourse opened on an active note in the morning when investors came in
      840 words
    • Article
      Untitled
      3754 16 1990/91 t i i Gr's Gr's Uiuh i r f s Vol |)ay last Quote Div Div Y'M Net M Cap >8 Low Code Company Sale +or- COOrt) High Low Buyer Seller Cvr P/K Smil INDUSTRIAL COMMERCIAL 277 152 1000 Acma 183 +4 225 186 183 183 184 H2.2 290
      3,754 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4128 17 Main Board MIS 182 1-27 F17.4% SIA Foreign 1310 MO F0.8% |)IIS 970 MO HO* Asia PskiI'k 910 f 10 f 1.1% Spore HusF 500 640 HO H.6% Spore Hus 500 570 F 10 F 1.8% Roth Inds 50* 505 F7 Fl.4% Haw Par 199
    4,128 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      292 18 Company Date Year Group Net Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) C&C ian 14 Sep 90 $53.947($34.649 30 8(23 5a) 15(8 5a) F&N Ian 14 Sep 90 $53,080($*****) 30 1(365) 179(179) HMsia Jan 14 Sep 90 $l,886t$402) 11 4(2 4) 20(5) limes
      292 words
    • Article
      PRELIMINARY RESULTS
      210 18 Company Date Year Group pro-tax Hot earnings Gross ann to profit/loss (L) per share dhridoMi ('000) (conts) M Cement Ian 17 Nov 90 M$61.313(J39.640) 18.5(11 5) 68 3|(16TE) H Leong Credit Jan 8 Jon 90 MJ35.181 (MJ25.440) 21 8(164) 10(10) leong Huat Jan 2 Dec 89 $1821 ($3564.)
      210 words
    • Article
      INTERIM RESULTS
      259 18 Company Oat. Half-year 6™p pre-tax ann to profit/loss (L) dividend (*000) Inter Pacific Jan 26 Oct 90 < 97 <» 5 4 5) 4 q 5 > Centreocint Jan 25 Dec 90 $10,309(57.926) 29(2.9) Beriaya Corpn Jan 24 Oct 90 M$56.996($55.012) 5(6) Sts Toto Jan 23 Oct 90
      259 words
    • Article
      CORPORATE DEVELOPMENTS
      1074 18 Electro-Magnetic (S) ltd directors have asked that the deadline tor their submission ot the company's statement ot attairs be e*tended to Feb 20 Marine based Chuan Hup Holdings will soon be expanding into third party shiprepainng bv loinins torces with either a local or toreign partner fc Parkway
      1,074 words
    • Article
      DIVIDENDS ANNOUNCED
      366 18 Current Ex Books Date Total for Total for payment date dose payable fee year last year AMFPT 3C(e) Dec 14 ton 3 Feb 18 3c 28% Asesi Find US$0 10(b) Mar 18 Mar 28 Apr 8 US$010 Anno 5%TE Feb 25 Mar 7 May 15 12 5%TE 25%TE
      366 words
    • Article
      RESULTS DUE
      626 18 Singapore Stocks Fu Year Company Pwwd Date Ye* Net EPS Gross Kit mxiKcd endnt (conts) 4* pro* last year CMB Pxkjnit Interim Nov 13 Dec 90 29 7 13.2 11.616(e) BMT Interim Jan 10 Jun 91 254 2 150 0 773 Khm Guan Interim Jan 12 Apr 91
      626 words
    • Article
      APPROVED ISSUES
      166 18 Company Rights Issue Causeway kit Three tor tour $0 60 per share Ei-date Dec 10 Boohs close Dec 20 Acceptance Payment Feb 1 M Mosan One-tor-one (a MSI 50 per share Ex-date Dec 10 Books dose Dec 26 Acceptance t Payment Feb 11 Company Bonus Issue Oriental** One-tor
      166 words
    • Article
      PROPOSED ISSUES
      286 18 Company Rights Issue Mcan OnHor two (a *W1 00 pet share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at M$1 per share with 10m detachable TSR Batten One tor tout <3. MS? (X) pet shaft FAC8 Capital Reduction Scheme to reduce pat value ot
      286 words
    • Article
      BONDS, LOANS & WARRANTS
      794 18 BONDS, LOANS WARRANTS C»m» my Comwrsioa period Cwverriw tern fcr ew w*w> slwe CiC Wt Before 26 4 93 1 warrant plus $3 09 cash Cauaway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus JO 77 cash or 1 warrant plus $0.77 nominal amount of
      794 words
    • Article
      RECORD HIGHS & LOWS
      191 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 to* *****7 (28/1/91) 1991 W lie 1/91) 1991b.: 1022 52 (16/1/91) 1991 tar -27/3/90) 1990 *h: *****3 (16/7/90) 1990 J* 0/90) 1990 low: 981 07 09/11/90) 1990 tor WS-W 76/12/89) 1989 H* 1322 00 (28/12/89) 1«9 Nfh: 1989 low: *****
      191 words
    • Article
      COMPANY MEETINGS
      169 18 Fraser ft Neave Ltd: 92nd AGM and EGM at 475 River Valley Road. Singapore 1024 on Thursday. Jan 31. at 10am. Roxy Electric hdustries (M) Bhd: EGW at Ballroom 3. Ist Floor. Ming Court Hotel, ialan Ampang. ***** Kuala Lumpur on Monday, Feb 4, at 3.30pm Cycle ft
      169 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      155 18 THE GROWTH TRIANGLE A Special Business Times Survey February 26, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of
      155 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Support for lower-liners helps to lead prices higher
      883 19 Bernama SUPPORT for lower-liners continued to dominate the stock market in Kuala Lumpur to lead share prices to a higher close yesterday. The KLSE Composite Index at the close added 0.88 of a point to 490.60 while the industrials index was 0.42
      Bernama  -  883 words
    • Article
      Untitled
      3024 19 1940 I jist Vol Day Net Cap High l4M» Company Sale "000 High law P/K $mil INDUSTRIALS 188 165 AISB 50* 176 2 15 178 176 42.9 180.! 388 310 ASM 50« 344 4 167 348 344 30.7 1412.1 297 280 Acidchem 2% 1 12 297 2% 127.3 255 250
      3,024 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      125 19 NEWB FLASH frT^^ g® I fl -^H IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports. Shipping Agents' L ist. Freight Rates and a guide to port of calls of major shipping lines, among others.
      125 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      High-priced small-capital issues dominate thin trading
      2215 20 TOKYO STOCKS ended lower in thin volume, with trading dominated by the market's pursuit of high-priced, small-capital issues with potential for March bonus issues. Brokers said the preoccupation with individual issues may continue in the absence of a broader market theme. "Volumes in the
      2,215 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish slightly firmer in lacklustre session
      2121 20 Reuter SHARE prices reversed light losses yesterday to end slightly firmer in thin, listless trade that gathered momentum only 30 minutes before the close. "It's difficult to pick out market features today," a broker said. "There weren't any." A local broker said: "The
      Reuter  -  2,121 words
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  • REGIONAL STOCK MARKETS
    • Afternoon buying boosts Aussie shares
      • Article
        AUSTRALIA
        843 21 ENTHUSIASM for leading industrial stocks swung the Australian sharemarket into positive territory in afternoon trade and sent it to its fourth successive daily gain yesterday. The All Ordinaries Index rose 8.6 points to 1312.7. Brokers said blue chip banking shares were in heavy demand from both offshore and local
        843 words
      • Article
        BANGKOK
        734 21 THAI stocks closed broadly higher in active trade yesterday after gains in New York and Tokyo with the rally focused on banks and finance firms, brokers said. The SET Index rose 13.83 points to close at 651.70 on 2.8 billion baht turnover. Siam Cement gained two baht to end
        734 words
      • Article
        Untitled
        92 21 CIom Previous Jan 30 SYDNEY All Ordinaries Index 1.312.7 1.304.1 8.6 All Industrials Index 2.1149.3 2.02? 9 +21 3 All Resources Index 752.5 751 5 -1.0 Turnover (million) 72.87 52.12 +20 75 BANGKOK SET Index <>51.70 637 87 +13.83 Turnoverlmillion baht) 2.800 1.700 +1,100 JAKARTA Composite Index 384.40 385.1 -0.70
        92 words
      • Article
        MANILA
        531 21 PHILIPPINE stocks finished higher across the board, defying earlier anticipation of a fall and showing further momentum on easing interest rates and a tentative lull in the Gulf war. brokers said. US President George Bush's state-of-the-union speech, flashed on Manila television while the market was in session, provided a
        531 words
      • Article
        TAIPEI
        381 21 TAIWAN stocks closed lower after Tuesday's market correction continued in early trade, but buying pressure strengthened near the close and pulled prices off their lows, dealers said. The weighted index ended 51.73 points lower at 4.058.82, after falling as low as about 3,970. Turnover dropped to NT541.93 billion from
        381 words
      • Article
        SEOUL
        820 21 SEOUL stocks gained ground for the third straight session yesterday, although many investors stayed on the sidelines in the absence of fresh news from the Gulf. The composite index closed at 638.09, rising 2.44 points from the previous session. Turnover was moderate at 154 billion won compared with 151.7
        820 words
      • Article
        Untitled
        369 21 Ill local currency In S$ In US$ da) S >ear day year da> year JAN 29 Index change change change change change change World 360.7 -0.1 -22.4 -0.2 -24.7 -0.2 -17.1 iEAFE 470.1 -0.3 -31.0 -0.1 -30 0 0 0 -22.9 Europe 362.3 -0.2 -19.6 -0.2 -14.3 -0.1 -5.6 Pacific
        369 words
      • Article
        NEW ZEALAND
        289 21 MORE support for Fletcher Challenge took the New Zealand share market moderately higher on improved turnover yesterday and brokers see the market forming a support base around current levels. Fletcher closed six cents up at NZ53.22, as scarce sellers could not fill demand. Fletcher, with a 25 per
        289 words
      • Article
        Lock icon JAKARTA
        605 21 Reuter JAKARTA International Hotels (JIH) again dominated the Jakarta stock market whose index edged down 0.70 points to 384.40 in active trading of 2.77 million shares. JIH fell, after a sharp rise yesterday, 1,250 rupiah to 10,750 with 567,000 shares changing hands. Brokers have speculated buyers may have been
        Reuter  -  605 words
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  • WORLD STOCK MARKETS
    • Small issues shine in subdued session
      • Article, Illustration
        NEW YORK
        992 22 SMALL US stoeks, ineluding some over-the-counter teehnology companies, continued to attract investor interest in an otherwise subdued session on Wall Street on Tuesday. Blue ehips also gained, but only mildly. A scarcity of Gulf war news prompted many investors to stay on the sidelines. "It appears institutions are
        992 words
      • Article, Illustration
        LONDON
        737 22 UK SHARES were firm at midsession yesterday as investors put recession and Gulf War fears to one side and real buying interest appeared, traders said. "We have seen genuine institutional buying," said Trevor equity strategist at Kleinwort Benson. Leading shares were higher almost aeross the board after the market
        737 words
      • Article
        AMSTERDAM
        390 22 DUTCH shares were expected to open mixed in a lacklustre market as traders await news to chart direction, dealers said. "It will be a quiet start with perhaps some profit-taking later on the day as we saw on Tuesday," one dealer said. Traders believe activity will be centred on
        390 words
      • Article
        Untitled
        88 22 Jan 29 Ium Pnr»i«*ts NEW YORK Dow Jones 2.662.62 2.654.46 +8.16 NYSE Financial >26 05 125 88 +0.17 SAP 500 335 84 336.03 -0.19 Turnover (million) 155 141.3 +13.7 LONDON hinancial limes 30 1656.8 1660 I -3.2 FTSE 100 2113.8 2,118 -4.2 Turnover (million) 392.3 394.2 -1.9 AMSTERDAM CBS Tendency
        88 words
      • Article
        STOCKHOLM
        82 22 PRICES on the Stockholm bourse opened lower in active turnover yesterday as investors collected some profits after the sharp gains since Jan 17 when the US-led forces attacked Iraq. The bourse's general index fell by 1.02 per cent to 947.79 while blue chips fell 0.85 per cent on average.
        82 words
      • Article
        MILAN
        175 22 ITALIAN stocks held onto opening gains at the closing as investors interpreted the US-Soviet statement on the Gulf war as an encouraging signal, but brokers said trading activity remained very thin. The MIB share index climbed seven points, or 0.74 per cent, to close at 951 and was shown
        175 words
      • Article
        FRANKFURT
        294 22 GERMAN shares were steady around Tuesday's closing levels in very thin pre-bourse trade, as no new factors emerged to give the market direction. Dealers said the market was waiting with interest for a statement from Chancellor Flelmut Kohl due yesterday morning. Mr Kohl is expected to talk about Germany's
        294 words
      • Article
        PARIS
        261 22 FRENCFI share prices yesterday bounced higher in a technical response to Tuesday's losses but volume remained light because of the lack of substantial news on the Gulf war. traders said. The CAC-40 index was up 12.55 points, or 0.81 per cent, at 1,567.04 on moderate volume at 0910 GMT,
        261 words
      • Article
        TORONTO
        286 22 TORONTO stocks drifted aimlessly on Tuesday, closing slightly lower on a lack of news from the Gulf and in anticipation of fourth quarter earnings reports. "People are uncertain. They're not eager to get going," said analyst Jack Stacey of Moss Lawson Co. The composite index fell 5.5 to 3223.2.
        286 words
      • Article
        JOHANNESBURG
        416 22 AN EARLY retreat in Johannesburg gold share prices gave the stock market a steady to easier appearance in slow Wednesday morning trading, dealers said. This followed a decline in world bullion prices overnight in the absence of fresh factors. The price has dropped back to nearly US$373 an ounce
        416 words
      • Article
        Lock icon ZURICH
        303 22 Reuter SWISS shares traded more than one per cent higher at midsession yesterday in quite lively trading as casing Swiss interest rates and the firmer trend in Frankfurt and London lifted sentiment, dealers said. They said market liquidity had increased in response to the popularity of the Swiss franc,
        Reuter  -  303 words
      • Article
        Untitled
        126 22 Brussels Jan 29 nines FORWARD MARKET AceC 2IH fM Arbcd *50 Astur *>2 f2 Brascan 392 unch Canpac. 520 -14 Cock 139 unch l)c Beers 578 4 Ebcs (ib-lnno-Bm 1010 f4 (ievaert 6200 f50 Cir Bru I amb 3105 -40 I lobok I'ctro 9740 -20 Kyi Dutch 2290 unch Sidro
        126 words
  • Page 22 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback opens slightly higher in thin European trade
      1238 23 REPORTS THE US DOLLAR was slightly above Tuesday's closing levels in thin, technical early European trade yesterday. Dealers said trade would remain thin for the rest of the day. But hopes that the worst is over for the US economy could give
      1,238 words
    • Article
      INTERBANK FOREX RATES
      392 23 Cross rates Jan 30 IJSS S$ MS Dm Yen SFr AS NZS IJSS 1.7270 2.6980 1.4920 131.75 0.5094 1.2625 1.2747 1.6667 S$ 0.5790 1.5622 0.8639 0.7629 0.2950 0.7310 0.7381 0.9651 MS 0.3706 64.01 0.5530 0.4883 0.1888 0.4679 0.4725 0.6177 l)m 0.6702 1.1575 1.8083 88.30 0.3414 0.8462 0.8544
      392 words
    • Article
      MONEY MARKET
      556 23 Interbank rates S& Offer Overnight 3 1/2 4 1-month 4 5/8 4 3/4 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-9/16 US$ lliil Offer 7 Jays 6 15/16 7 1/16 1 month 6 7/8 2 months 7 1/16 7 3/16 3 months 7
      556 words
    • Article
      Lock icon Chartists see US dollar slipping against yen
      424 23 Reuter THE US DOLLAR has slipped below a key tcehnical indicator, fuelling expectations that it is headed lower against the yen in the near term, technical analysts said. The US currency opened lower in Tokyo at 131.50 yen on Tuesday, well below the
      Reuter  -  424 words
    • Article
      FINANCIAL FUTURES
      1188 23 SIMEX EUWOOOUJU> Open High Low Sett Est Vol Op/Int Vol Mar 91 92.90 92.93 92.88 92.91 ***** ***** 7869 Jun 91 92.95 92.99 92.94 92.97 5691 ***** 3621 Sep 91 92.80 92.84 92.80 92.83 1401 4059 212 Dec 91 92.55 92.58 92.54 92.56 403 42% 43 Mar 92
      1,188 words
  • Page 23 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Jakarta to stop farm exports to Mid-East
      333 24 Bernama INDONESIA is being forced to stop exports of tea, coffee, rubber, fish, meat and vegetables to the Middle East, a minister reported. Indonesian Agriculture Minister Wardoyo told a parliamentary commission that Indonesia's agricultural exports to the Middle East, of about US$lOO million
      Bernama  -  333 words
    • Article
      Lock icon Moscow begins buying on US credit
      192 24 UPI THE Soviet Union, in the three weeks since terms of a US$l-billion credit package were announced, has purchased U*****.7 million in US grain and poultry meat, figures showed on Monday. Under the federal export credit programme, the US government guarantees lenders they will
      UPI  -  192 words
    • Article
      Lock icon Inro may need to buy rubber soon
      199 24 AFP THE International Natural Rubber Organisation (Inro) which groups 25 exporting and importing countries may have to buy rubber soon to prop up falling prices, buffer stock manager Aldo Hofmeister said. "It's coming off quite sharply," he said. However prices are not expected
      AFP  -  199 words
    • Article
      Overseas selling sends gold lower in HK
      850 24 REPORTS GOLD closed near its day's low of U*****.10/60 an ounce yesterday in moderate Hongkong trade on early overseas selling which triggered follow-through long liquidation, dealers said. "Bullion failed to breach resistance of US$3BO in New York yesterday and it failed to hold
      850 words
  • Article
    PRICES
    1406 24 Rubber janjo MS (fcthl fcalw) S ccnts/kg Noon Hum: Inl I KSS Prompt I44.25/I45.25N 143.75/144 75N Ini KSS l ob 'M 145.25/146.25 144.75/145.75 Inl I RSS Mai 147 25/147.75 146 75/147.25 Inl 2 KSS OP I43.25/I45.25N I43.25/I45.25N Inl 1 KSS OP I38.25/I4025N I38 25/I40 25N Inl 4 KSS Ol'
    1,406 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      909 24 NOTICES THE COMPANIES ACT CHAPTER 50 Section 290(2)(b) NOTICE Of RESOLUTION tCI EXPLOSIVES SOUTH EAST ASIA PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of ICI EXPLOSIVES SOUTH EAST ASIA PTE LTD held at 24 Rattles Place #24-01/05, Clifford Centre Singapore 0104 on the 25th day of
      909 words
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      Page 24 Advertisements Column 2
      628 24 TRI SAPTA INTERNATIONAL CORPORATION (S) PTE LTD (In Members Voluntary Winding-Up) LIQUIDATORS' OFFICE 15 Beach Road #03-10 Beach Centre Singapore 0718 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 ot the Companies Act Chapter 50. that the Final Meeting of the company will be held at
      628 words
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      Page 24 Advertisements Column 3
      11 24 Your search lor EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1078 25 CNy FUffct ETA FNgM ETO AbuDteaM GA975 1125 GA887 1225 fiifrlihtr SQ228 1900 QF888 2330 Qf 5 2000 Amsterdam SQ23 0740 KL840 2150 GA975 1125 SQ24 2300 KL839 1455 kmMmti NZ25 1825 BA11 1225 SQ325 2115 NZ26 2150 takralu GF148 0915 B Sari B«|MM SQ182 0915
      1,078 words
    • Article, Illustration
      Indoor shrimp fishing catches on
      639 25  -  LETTER FROM TAIPEI By Andrew Quinn Danny lu proudly holds up a net full of squirming saltwater shrimp that he caught on the third floor of a concrete Taipei office block. "Nothing tastes better than shrimp you catch yourself," said Lu, a motorcycle mechanic. "I'm
      639 words
    • Article
      MONEY CHANGER RATES
      144 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3470 1.3770 Canadian dollar 1.4730 1.4930 NZ dollar 1.0200 1.0500 Sterling pound 3.3700 3.3900 US dollar 1.7200 1.7350 Local dollars to 100 anils of foreiga currency Austrian schilling 16.20 17.20
      144 words
    • Article
      WORLD TRADE EXHIBITIONS
      63 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Feb 4-9 International Netherlands Koninklijc <31)30/*****1 Feb 9-17 International Hamburg Hamburg Messe *****569-0 Building Ncdcrtandse Tourism. Caravan lind Congress Construction Jaarbeun and Automobile GmbH Exhibition Exhibition Feb 7-12 International Valencia. Fena Mucstrario ********** Toy p a r
      63 words
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      Page 25 Advertisements Column 1
      14 25 Read Chartpoint, a guide to investing in the stockmarket. Every Saturday in Business Times
      14 words
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      Page 25 Advertisements Column 2
      39 25 J r— i C&fl/jf SADDAMS fi-> HIDE-AND-SEEK™ PLANES lM (IMiNI.WMIMIM WWMW MOIIE d SHOT KiK!"" other y stories 4 *rtw V Jlf OM'ibM *«t: H.K <w*» I awiHKAMI a(Wr «t«r«t kmttM kit *~t km 4 fcrf <«M I*. EsH||
      39 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      282 25 6 Argue the point, perhaps, being mother (7,3,3) 111 I i I i 8 Point of view right for iBB jHT Walton, for example (6) HB__pH__JH__^M__JlHL_JßL_Jßß__pH[ 9 Choker needs audacity pj I I I I j I I and a length of cord (8) 10 Sash is included in the
      282 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      211 25 Singapore Outlook: Showers over many areas between mid-afternoon and early evening. Forecast Maximum temperature 30.7* C Assoc humidity 72% Minimum temperature 22.TC Assoc humidity 92% Hours of sunshine 1.50 Rainfall in mm 0.2 Rainfall this month 122.7 Rainy days this month 14 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 28/22 Windy
      211 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      43 25 Thus i3Twtr.meoF dp>v_ nou> urns see— ujmrt Dm mp RgSw 1 Uf I DO ON JPNN.IST P mR.BKISTOU— RBOUT r\Y E>»RRV.... R NO-PutfCHPS v pou-ep Recoup OF office corne BfiCX IN jwJ j fslQ-r NO U) C EVENING STANDARD CO LTD *M>T A,
      43 words
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  • Article
    Lock icon Analyst says US stock market crash possible
    416 26 Fragility of US banking system source of concern AFP NOMURA RESEARCH Institute vice-chairman Yoshio Suzuki said on Tuesday he was concerned about the possibility of a stock market crash in the United States of similar magnitude to the turmoil of October 1987. "One
    AFP  -  416 words
  • Article
    Lock icon Gorby gets on top of things
    204 26 AP SOVIET President Mikhail Gorbachev on Tuesday established direct presidential oversight of all law enforcement activities, apparently including the military patrols set to hit the streets by week's end. Mr Gorbachev established a coordinating commission on law enforcement within his own office and appointed
    AP  -  204 words
  • Article
    Business leaders hold talks
    121 26 WHILE the political leaders and government officials of Singapore and Mexico discussed possible trade and investment links on Tuesday, business leaders of the two countries held exploratory talks. The eight Singapore businessmen accompanying Senior Minister Lee Kuan Yew on his week-long visit to Mexico were hosted
    121 words
  • Article, Illustration
    Lee made distinguished guest of Mexico City
    215 26  -  From Magdalene Ng in MEXICO CITY IN a glittering ceremony on Tuesday, Senior Minister Lee Kuan Yew was made a distinguished guest of Mexico City and presented with a key to the city. In his address, Mexico City's mayor Mr Manuel Camacho Solis
    215 words
  • Article
    Lock icon Indon central bank keeping tabs on offshore borrowing
    267 26 Reuter BANK INDONESIA governor Adrianus Mooy has said that he is keeping a close watch on offshore bank borrowing that some warn may be inflationary and damaging to the country's balance of payments. The Indonesian Private Bankers Association (Perbanas) said in a
    Reuter  -  267 words
  • Article, Illustration
    A rude awakening for the Japanese
    759 26  -  The Bottom Line KOICHI ISHIYAMA ISHIYAMA The writer is a Tokyo journalist who writes regularly for BT THE WAR in the Gulf, and Japan's own reluctant role in it, has made the Japanese confront a problem that has been developing for nearly 45 years.
    759 words
  • Article
    Lock icon Malacca to lose M$8m over water shortage
    166 26 Bernama THE Malacca state government is expected to lose about MsB million as a result of the water shortage since early this month. Chief Minister Tan Sri Abdul Rahim Tamby Chik revealed yesterday that a study was being conducted to determine the actual
    Bernama  -  166 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      99 26 Nikon The World's Finest Photographic Systems I ft f Ve- i < ?> Hff Wra ,m* y GERRUTIIBBIITUM39 MEN'S BOUTIQUES fiaiJQITUOH B'MHM •01-15 The I\imk"|» A V hard R«s<d lei: 215 W>ss *02-54/60 Wimii.i Ahi.i, C Vh.ird Rf-tJ Fel 7 M *JWiO *01 -45 h>rmn (i.ilU-ri.i, (.Vhard Ru.id lei <M
      99 words
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      Page 26 Advertisements Column 2
      106 26 Nikon The World's Finest Photographic Systems grr The business lunch with a difference Entertaining your overseas visitors The only cruise vessel with A Private Function room KARAOKE Your Staff Annual Outing/Dinner Dance Weddings. Birthdays, children s parties Charters, small groups or |ust |Oint in any of the following cruises LUNCH
      106 words
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  • Shipping Times
    • Article
      S'pore transport system a model for Asean cities
      501 27  -  From Al O Labita IN MANILA ASEAN's urban and transport bottlenecks are worsening and a Japanese expert thinks they can be eased by adopting Singapore's integrated development approach. "Singapore has attained a significantly high level of transport service efficiency because of its
      501 words
    • Article, Illustration
      Sembawang Group's Indonesian arm wins $40m Attaka oil field contract
      309 27  -  -By Selva Kumar THE INDONESIAN arm of the Sembawang Group, PT Gema Semßrown, has won its first contract for the fabrication of offshore production facilities. Under the $40 million contract, Gema Semßrown will fabricate a production platform, subsea pipelines, power
      309 words
    • Article
      Lock icon Port Klang handled 20 per cent more cargo in 1990
      299 27 Bernama PORT KLANG registered a 19.5 per cent increase in total cargo traffic to 22 million tonnes last year from 1989, Klang Port Authority (KPA) chairman Datuk Michael Chen said on Tuesday. In terms of profits, the port reported a
      Bernama  -  299 words
    • Article
      Lock icon Kuantan port sees more traffic
      230 27 Bernama KUANTAN port recorded a 44 per cent rise in cargo traffic to 3.32 million tonnes last year, said a management report. This compared with the 2.30 million tonnes handled in 1989. "This means its handling capacity of 3.3 million tonnes had been reached two
      Bernama  -  230 words
    • Article
      Lock icon MISC to go into shiprepair, warehousing
      176 27 Bernama MALAYSIAN International Shipping Corporation Bhd will be diversifying into warehousing, container haulage services, shiprepair and shipbuilding activities in the near future in a bid to become a complete transportation and distribution company. A director with MISC. Datuk Hj Mohd Shamsuddin bin Mohd Ya'acob.
      Bernama  -  176 words
    • Article, Illustration
      Nedlloyd to continue its services from Singapore
      476 27  -  By Selva Kumar NEDLLOYD LINES' worldwide serv ices from Singapore will stay intact despite the announcement by its parent company, the Royal Nedlloyd Group, that it expects a huge net loss for last year. Mr Brian Wright, Nedlloyd Lines' Singapore-based marketing manager told
      476 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Guangdong opens its 33rd port
        81 28 THE SOUTHERN Chinese province of Guangdong opened a new port on Monday to serve passenger ships to Hongkong, the official Xinhua news agency reported. The new Doumen port west of Zhuhai brought to 33 the number of open ports handling international freight and passenger transport
        81 words
      • Article
        Fall in passenger traffic
        115 28 AIRPORT operator BAA pic said that in the seven days following the outbreak of war in the Gulf, passenger traffic at the group's two largest airports, Heathrow and Gatwick, dropped 22 per cent in comparison with the same period in the previous year. In the period
        115 words
      • Article
        Volkswagen sold the most cars
        68 28 VOLKSWAGEN AG sold the most cars in Europe for the sixth consecutive year, widening its lead over Fiat SPA, but Japanese car makers are stepping up their pursuit, an industry newsletter said. Figures from Automotive Industry Data show Volkswagen sold 2.04 million cars in Europe
        68 words
      • Article
        Boeing's earnings growth
        82 28 GOLDMAN SACHS and Co analyst Judith Comeau said she raised her five-year earnings growth estimate on Boeing Co but said near-term profits could weaken. She also reaffirmed her "hold" rating on the stock following its fourth quarter and full-year earnings report. "Long-term earnings will be higher due
        82 words
      • Article
        New PanAm Express service
        65 28 PANAM EXPRESS, an affiliate of PanAm Corp, said it will expand its service into the Bahamas on Feb 1, with two daily flights between Miami and both Rock Sound and Governors Harbour on Eleuthera Island. PanAm Express said it now offers service to five destinations in
        65 words
      • Article
        CBA-123 production suspended
        63 28 BRAZIL'S state-owned aircraft maker Embraer said it had decided to suspend indefinitely production of the CBA-123 turboprop plane it had planned jointly with Argentina's Fabrica Militar de Aviones (FMA). A prototype of the 19-seat aircraft, hailed as an example of cooperation be- tween traditional rivals Brazil and
        63 words
    • Article, Illustration
      Lock icon Seeking a bigger role in Europe
      1372 28  -  In the past 18 months, US telecommunications companies have been stepping up their efforts to expand their share of the European market. Leigh Bruce reports. Leigh Bruce IHT AMERICAN telecommunications companies, reacting to adv a n c i n g deregulation and widening opportunities,
      IHT  -  1,372 words
    • Article
      COCKETT BUNKER MARKET REPORT
      886 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      886 words
    • Article
      THE SHIPPING GUIDE
      12770 36 This is a list of ships loading at Singapore tor ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates arc published for a maximum
      12,770 words
    • Article
      SHIPPING AGENTS
      3263 41 iV.B( ontainerline NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte l td (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Vhrenkiel Liner Servk-e: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,263 words
    • Article
      COURIER SERVICES
      249 41 Abacas Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421 Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      249 words
    • Article
      AIR FORWARDERS
      1489 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Siagapore Tel: 542-7822. Fax: *****20. Aeroiink Freight International Tel: 545-8033. Fax: *****05. TeT's42-5911. Fax: *****18. Air Cargo Now Express Tel: 542-5454. Fax: *****06. Air Express lateraational Tel: 542-7666. Fax: *****74. *****50 Air Market Express
      1,489 words
    • Article
      PORT CONDITIONS
      2861 42 ARGENTINA Sun {.orenzo: Vessel which ran aground south of San Lorenzo last week was refloated Jan 22 morning Rosariu: Two vessels operating of which I loading grain. I loading vegetable oil; 4 vessels berthed awaiting orders of which 2 in ballast, 2 already loaded, 2 vessels in roads
      2,861 words
    • Article
      SHIP SALES & TANKER RATES
      509 42 SHIP SALES TANKER RATES VESSELS SOLO FOR FURTHER TRADING Greek buyers maintained their strong presence in the secondhand bulk carrier market. The following vessels were bought by Greek interests. New Diana: 31,736 dwt and built in 1976. was reported to have been sold to for about US$4.7 million to US$5.l
      509 words
    • Article
      AIR FREIGHT SCHEDULE
      545 42 ARRIVALS Op Might Type 171A T From TODAY KAL KF.697 B747F 0220 I SEL NCA KZ203 B747F 2005 I NRT FDX FM75 B747F 2235 I ATL/BOS/JFK/ ANC/NRT/TPE KAL KF.685 A30F 2340 I SFL/MNL TOMORROW JAL JL6I5 B747F 0235 I NRT THA TG04I DC8F 1410 I BKK/KUL SIA
      545 words
    • Article
      CRUISE & FERRY SCHEDULES
      343 42 CRUISE FERRY SCHEDULES CRUISE SHIPS 4rr Pep Name of VwmI Ports rf C s PortAgent FEBRUARY 01 01 Vigncsswara 1200 2000 Cruise-To-Nowhere Greenseas Shipping 02 02 Ocean Pearl 0300 1800 Cruise-To-Nowhere Reefer Lines 02 02 Vigncsswara 1300 2000 Cruise-To-Nowhere Greenseas Shipping 03 03 Vigncsswara 1300 2000 Cniise-To-Nowhere Greenseas Shipping 04
      343 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        516 43 \hy Hi fcrtfc InM P^rtft SnT *"0*1 K29 alongside 30.01/1100 Frttona 3 K34 alongside 3101/1200 Keton Kjrct V04/91 K33 alongside 30 01/1700 Koto Puaka E-882 K31 alongside 0102/1800 L Jal Bontan 1802E C10 alongside 30.01/1200 SMi 01A23 IG0 alongside 3101/0600 Tram ff* 75A Kll alongside 30 01/2300
        516 words
      • Article
        CONTAINER SCHEDULE
        1230 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARCO ZS ft^fchf/llabnetMb Voy No Elb/Btr HM From To From AkaBhum 460N 31/1700 1 30/1500 30/1659 30/1900 *****N 01/2300 1 30/1500 30/1659 30/1900 Anson 0109IN »l/«w 3 31/070Q 3l/nM 31/1W) 4 31/1200 31/1159 31/1700 fc Princess 032 01/0700 1 30/1500 30/1659
        1,230 words
      • Article
        IN MALAYSIAN PORTS
        241 43 K—tan Net Berth 1: Mana. Berth 2: Proa. Berth 3: fcan Acapuico. Berth 4: Ingenuity P*n oi berth outer nil P*n el berth imr nil. Hunt d berth: ni. Service jetty: nil. IndmtfK Golden Star, Nandu Arrow. Bangkaja Momosiwna Maru. Due on Jan 30: Rigel. Smrt Labuan
        241 words
    • Article
      DAILY FREIGHTS
      1022 43 CHARTERING on the dry cargo freight market on Tuesday was mainly centred on the time-charter sector, while grain and iron ore business was limited, brokers said. There was talk that the Soviet Union was in the market for an unspecified amount of Panamax and handy size vessels. It
      1,022 words
    • Article
      Lock icon Beijing likely to be upset over direct Aussie-Taiwan flights
      483 44 AFP DIRECT flights between Australia and Taiwan are expected to begin by June under a draft agreement reached between the two countries last week, airline sources said on Tuesday. The agreement is seen as a major breakthrough in relations between Canberra
      AFP  -  483 words
    • Article, Illustration
      Lock icon Australian flights disrupted by strike
      132 44 Reuter A 24-HOUR strike by Australian airport refuellers on Tuesday has disrupted international and domestic flights and left thousands of travellers stranded. Workers at state capital airports in New South Wales, South Australia and Queensland voted on Tuesday to strike in support of airport refuellers
      Reuter  -  132 words
    • Article
      Lock icon Insurance surcharges on flights to Cyprus waived
      197 44 THE WAlfe Reuter MOST insurance surcharges imposed on flights to Cyprus because of the Gulf war are to be lifted, Communications Minister Pavlos Savvides said. He told Cyprus television late on Monday that Lloyd's of London underwriters had agreed to waive the surcharge
      Reuter  -  197 words
    • Article
      Lock icon Philippine Airlines suffering significant lasses in revenue
      276 44 AP THE STATE-RUN Philippine Airlines is suffering significant losses in revenue due to the Gulf war and no immediate relief is in sight, an official said on Tuesday. The war forced the airline to cancel its five weekly flights to the Middle East,
      AP  -  276 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      184 27 SWEEHENG METAL CO PTE LTD No. 13, Tuas Avenue 14, STPQRE 2263 FAX 861-2946 /gjfffcs TEL 861-5855 <5 W Commercial Cleaning r Eauipment Industrial Maintenance Equipment Also buy,sdl rental > repair For other reasons, said in your subscription now. 1 Please send Nme dame: Address Address: j 0< < up.ilion:
      184 words
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      Page 27 Advertisements Column 2
      58 27 Air Forwarders 15 A* Frwght Schedule 16 Cocfcett Report 2 Contamer Schedule 17 Cower Semen 15 Cruse 1 Ferry Schedties 16 My 17 AM iA iti 1 nuO 10 WCfuSefl J It 4 |i 1C ron Lonoroom to S*pm tents Stappm Gtfdt 10.11 Shpsales/Tanker Rates 16 Shps m Port 17
      58 words
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      Page 28 Advertisements Column 1
      90 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS m ■mk 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
      90 words
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      Page 29 Advertisements Column 1
      1927 29 JARDINE SHIPPING ACENCIES .IXI Cantomrent Road #12 05 Southpomt. Smgapwc 0208 Alii#/ M *****11 TELEX NO RS ***** J. ■ffnta TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 258 A lflfiQQf J esaka jardine shipping agencies sdn PORT KELANG TEL *****18 NO MA***** MA***** HHH PENANG lEL *****4 TELEX NO
      1,927 words
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      Page 29 Advertisements Column 2
      904 29 MDEX TOfIDVERTISERS Page Col Pise Col A I 1 M ~l ABC Containeriine 13 5 Mac-Nds Agencies 14 1/2 Accord (iroup 8 1-3 2/3 Albairos Sea-Air 14 3 •Macrskline 3 4/5 api 5 3-5 MISC 14 1-3 APC Line 13 4 M s.a Shpg Cofp 9 1/2 .ATTOwUnes 9 5
      904 words
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      Page 29 Advertisements Column 3
      2123 29 NEXT SAILING TO USA UUIRA MAERSK V.9102 i ETA 5/2/91 Vessel Voy ETA I ETD 'Port "Penang 1 DESTINATIONS Singapote Kelang Thts «wk i aura Iter* Feeder by HQHQEQ rv V? OHtXJ MRS M Farco A crs *o r*i» mbs u r. U ro oak lgb mou mem atl mia
      2,123 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1255 30 OOTTEDAM' VOY NO S POBE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HBPH BREMEN EXPRESS 01/510 4/2 29/2 23/2 22/2 28/2 Ig2QB LIVERPOOL BAY 03/514 4/2 21/2 24/2 26/2 KATSURAGI 04/513 11/2 28/2 28/2 25/2 L ALL IttSTBOUNCIf. BENALDER 99/517 11/2 28/2 3/3 5/3 KUA W 8 KNAJW MRGU HAMBURG EXPRESS 01/516
      1,255 words
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      Page 30 Advertisements Column 2
      504 30 fgMjXWjVM DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLORKANA 22-2H/2 11/3 13/3 l»/3 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA i NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO ISLA FLORE ANA 22-28/2 t/4 3/4 6/4 7/4 8/4 CillM or Santiago
      504 words
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      Page 30 Advertisements Column 3
      1447 30 &jms. WEmmEM REGULAR INDEPENDENT FULL CONTAINER SERVICE WEST66und f6R EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 04«W 04/02 25/02 26/02 01/03 02/03 03/03 04/03 05/03 06/03 NORASIA SUN 9049 3 12/02 02/03 03/03 08/02 09/02 10/03 11/03 12/03
      1,447 words
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      Page 31 Advertisements Column 1
      1632 31 ftsStcamers Maritime Holdings Ltdj P&O Containers mUm I Vot Nu P Hunt S pore S'ton Hburg B haven R'dam led ACCEPTS DUE SAILS I BfttMfN UPRtSS Ol'blO KUR 29(01 0402 ?6.t8 22ffi 22iQ2 rARGO I LIVERPOOL BA> ***** .*UR29;OI 041K 210? 23(02 2MB I H*TSU«*GI 04.MJ DOL 05,02 1002 07
      1,632 words
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      Page 31 Advertisements Column 2
      1619 31 P A /PANAMA II S A /PAMAMA arassß M i 2 I s ssaws. if §f f 1111 sewt* if in an w/1 m *1 W Wiw w z W*»g «g TO: EUROPE FN; IWQP6 SP PT* BHV rLX AN* UN PANAMA St NAT OP Wf M W LCH BHV
      1,619 words
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      Page 31 Advertisements Column 3
      427 31 STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I VESSEL ORANGE COSMIC ASEAN CHAMPION I MOON TRADER TRADER TRADER I VOY NO 9 15 7 15 I Spore 2/2 8/2 92 15.7 I P Keling ill 11/2 17/2 I Peoang I Mongla I Chittagong I Calcutta I Yokohama
      427 words
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      Page 32 Advertisements Column 1
      680 32 SBBB CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE KSL/VOY S'PORE "1 ROAM/ADAM H'BURG BREMEN ANTWERP MATARAM/28WB «/2 W TRIAS UNITY OOWB |Jg_ M 1,14 ni fast transit time ACCEPTING BREAKBULK/CONTAINERISED CARGO Sutiocl to lnduc»m*nt. AI»o accepting cargo to Casablanca, Port SaM, Port Alexandria. Genoa, Trlaata. ALSO ACCEPTING BOTH CONTAINERS.
      680 words
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      Page 32 Advertisements Column 2
      877 32 jt m. m.\ HANJIN SHIPPING F(EMR VSI SI" U*t HAUL LA* OAK I RTM AN* HAM MV FEL CHOYANG SUCCESS tI2E 4/2 H HAMBURG OBSE V 3 JP U HANJIN FELIXSTOWE OObW 3/2 2»/2 1(3 113 2/3 4/3 *3 HANJIN HAMBURG OOSE 11/2 HANJIN MASAN 062* 10/2 '/3 1/3 9/3
      877 words
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      Page 32 Advertisements Column 3
      1191 32 i J i_t _j PKL SCP HKG KSG KLC PUS MKT OS* NCY SHU TYO LAX CHS BAL NYC LMV AN* ROM THP HBC PSO CUB MU. SCP fl I GOLDEN M«t 11/1 1/2 W *2 *2 11/2 W 1W I*2 12/2 I*2 lfl Ufl IW IW »3 !7fl M
      1,191 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1574 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: -t yV UK/EUROPE SERVICE— *****19 USA SERVICE—27WII JLn, jrJr.l AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48* k SJJOFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 I CFS K27-IMPORT" *****69/*****50 CFS: K27 EXPORT: *****53/*****04 I KI P (M) E 261 D 4W3
      1,574 words
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      Page 33 Advertisements Column 2
      1062 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING fHOM EASTBCXJXD LOADING FOR WESTBOUND VtSSfIS WWC£ [STOW |MAH»tA WKOWC VOTACE SEORt mtANC HRURG »HA¥tW TILWJRT HOT! ANmRP KM Rf PIN
      1,062 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1374 34 K LINE KAWASAKI KISEN KAISHA. LTD. EXPORT N. AMKWCA PACIFICSOUTH-WKT 7 IMPOST N. AMERICA'ACTFIC SOUTH-WEST j rmxxm ///"'si». f s 2*nm»iUA S2 '2 9? MANHATTAN 3RDCE 40 33 63 7 3 1.3 J BROOKLYN BRIDGE 91 J 271 4 i 2 162 .1 ill 142 *2 «"W 231 SM li
      1,374 words
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      Page 34 Advertisements Column 2
      1160 34 rjrt PHIU-ORI€NT UN€5 PT€ LTD 108 ROBINSON ROAD «0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76-*****38 trfSß BY AIR, LAND OR SEA Hflfeajgr WE TAKE ON THE WORLD FOR YOU Qfß: MEMBER OK SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5 FEB' MONTREAL, OTTAWA, TORONTO, 1 VANCOUVER,
      1,160 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      1531 35 PACIFIC INTERNATIONAL LINES (PTE) LTD *****55? m P*- Building, 140 Cecil Street 003-00, Singapore 0106. I JAKARTA I I BANGKOK I nsr s i\ z s 't> s r> 10/2 M Ai Mill 9104 1/2 4/2 8/2 KOTA PANJANG 91« *2 ,172 HAI YING SS V 2 Zl MAJAPAMIT 902
      1,531 words
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      Page 35 Advertisements Column 2
      968 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fa*- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL IVOY SPORE P KLANG SHAMPTON| HAMBURG BHAVEN RDAM LHAVRE Liverpool Bay' 03/514 4/2 Via KRM 21/2 23/2 26/2 Bremen Express 01/510 4/2 27/2 23/2 22/2
      968 words
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      Page 35 Advertisements Column 3
      331 35 mm. MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg HPA-AN VIS9W In Pt PINYA Vll3* I" w PATHEIN VIO9W 9/12 Feb Jl MYOMAYWA VI32W 7/9 Feb Frt THE BANK UNE (A tervic* ol Andrew Weir Shipping) r SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I
      331 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      805 38 iL 1 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT HJTBOUND SIN FIX BRV ROM ANT HBC PANAMA SIN Wf 10b In Pt HP Wl 22/2 K|2 BRANDENBURG WMlOb *2 M V 3 W 2/3 3/3 EUROPEAN SEN Iff 10' W u /3 5/3 3/3 13/3 SOHIAND WMIO7 >»2
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      Page 38 Advertisements Column 2
      902 38 TEL: *****88/*****22 OMR COmOLIOATMHI SERVICES TO: EUROPE 02/02 a 00/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EHROPE INLAND DESTINATIONS FAR EAST PORT KELANG 8/02 4 15/02 MANILA 2/02 9/02 PENANG 8/02 A 15/02 BUSAN 2/02 A 9/02 BANGKOK 6/02 A 11/02 TOKYO 7/02 A 14/02
      902 words
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      Page 38 Advertisements Column 3
      201 38 LOADING FOR «SMI ["SPORE CM OBN SAIDES lIWiMO «I 0 SIS ¥11 PAGUA MOSTWEN I 1/4 M Ui4 *,4 «rt OfT V MSOII DISCHARGING FM BRAZIL VESSEL SPORE MAC MNL M£ *0* NCO KOB MOSTWEN I y IISII 1 f/J 11/1 W3 W Regular BBulk and Container Service Direct to
      201 words
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      Page 38 Advertisements Column 4
      1214 38 S? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE m[x TE ,s Soship I 2. MISTRI ROAD. HMC BUILDING FAX *****66 I #15 00. SINGAPORE 0207 CABLE: COSTARLINE I CR NO: **********0* I General Agents: COSTAR SHIPPING tritL LTD I TO EUROPE EUROPE I ue«„ VOY 1 SCP I ROT
      1,214 words
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      Page 39 Advertisements Column 1
      1061 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnea) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llnea) OT\ ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOADING FOR SPORE ABBAY WO HZ 10.0? DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET ?IWB OVO3 OARESSAIAAM MOMBASA
      1,061 words
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      Page 39 Advertisements Column 2
      744 39 MASKAPAI PELAYAEAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE I T*ICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, ALSO CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONISIA SERVICE VSL VOY SIN JKT PAJ SIN PUL AMAN 35S 1/2 4/2 5/2
      744 words
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      Page 39 Advertisements Column 3
      928 39 I V CR NO IQ33MMOMI <^&ge0P& B ?8-^ > BANGKOK CEBU/MANILA VESSEL VQY 1 SINCAPOtt BANGKOK [vESSEL VOY SPORE CtBU MAIIHA UNLINK 42N Fri 1/2 Won 4/2 KIT! BHUM KB 1/2 iff SI All PAETRA*# 63N__ Sat 2/2 Tue iff SO STAR «A 7/2 13/2 IV? MAHA BHUM# 45N Won
      928 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      1151 40 —iMAC-NELS SINGAPORE|| m. ;ZOMK] iwpbwt TIL 22i60iw"1 PENANG TEL (04) *****6 KK TEL: (088) *****0 TAWAU TEL (089) '***** p KELANG TEL (03) KIJCHING TEL (082) *****3 SKAN TEL (089) 2 4682 f\~/\ 1 J BAHRU TEL (07) *****2 SIBU TEL (084 *****2 LABUAN TEL (08/) A 4599 JAKARTA TEL
      1,151 words
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      Page 40 Advertisements Column 2
      54 40 IFOR BOOKINGS TEL: *****91 TLX ***** NEWSHIP I SINGAPORE/CHINA DIRECT SERVICE I S oore Loadinff For H MV SINGA GOLD 01 05/FEB HUANGPU MV ANANAS 06-12/FEB HUANGPU GUANGZHOU E MV KAIHENG 10 15/FEB HUANGPU GUANGZHOU I MV XINHENG 26 02 MAR HUANGPU GUANGZHOU ALL VESSELS ALSO ACCEPTING SINGAPORE HONGKONG CARGO
      54 words
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      Page 40 Advertisements Column 3
      403 40 jftfTW BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY containerised monthly sailings DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIKR. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTKI.TON, INVERCARGIL, FIJI AND TAHITI SIN N Pl* AI)CK ITT PREMIER 10S 2 Feb 15 Feb Via NPL 17
      403 words
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      Page 40 Advertisements Column 4
      937 40 /SCI THONG SOON LINES PTE. LTD. si Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES~ SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL |WT [ETA IDEST VESSEL !H EU KIT KIM SOON LI 4/91E 02 FEB
      937 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      425 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUI MM 1100 #200 03M MM 05* MMI7M MM Mil IMI 11M 12* I*ll4M 15M I®* 1700 1800 19 M 20M 21M 22M 23M S 25 26 25 20 15 12 10 1.1 13 19 2.7 3.2 3.4 3.2 2-8 21 14
      425 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      361 44 CHARTPOINT Every Saturday in Business Times PT. PEUYARAN. SAMUDBA AGUN6 KUALA SIAK IV SAMUDERA 102 2 2 DUWI/PEKAN BARU ABADI JAYA 12 PEKAN BARU/DUMAi KUALA SIAK V >12 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS I« Also accepting cargo for ports in Jawa
      361 words
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      Page 44 Advertisements Column 2
      568 44 merchant MAWNE CO. LIP. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA —HKG SIN_ BBSSS. S ,1S IS- S£3 i 1 war""" i 1 i 111 S EE— ssss s z s ALL IN. MICRO AND MLB
      568 words
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      Page 44 Advertisements Column 3
      545 44 CHARTPOINTI Every Saturday in Business Times [5F [<* PNC|Pltt |Mkv V«MI I* |Sm|UX|OAK|M(Hi|OM ICg IM. I -TC. (|QA I AM BHUM VtitN lIJ ALLIGATOR PHIOt 732*3 S/2 23f2 2V2 Kfl XI Pfl PH Pff CAIIC MUMHM TmuT ~~W AUICATOH CLOOT VOT _U/2 _p V 3 w in M_ Ml y«uN
      545 words