The Business Times, 21 February 1991

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Thursday February 21 1991 75'
    10 words
  • NEWS SUMMARY
    • 64 1 TRADE OFFICIALS in Geneva yesterday agreed on a formula for negotiating farm subsidy cuts, clearing the way for the resumption of the Uruguay Round of global commerce talks, Gatt ambassadors said. The EC accepted the demand of most of its trading partners:
      64 words
    • 37 1 A PHILIPPINE government agency has signed a memorandum of agreement with Allied Kajima Ltd of Japan for the sale of the luxury Philippine Plaza Hotel for 1.5 billion pesos (5591.5 million).
      37 words
    • 26 1 SINGAPORE'S education system will be revamped next year, says the Education Minister, and the changes now being finalised will affect all levels Page 2
      26 words
    • 24 1 THE PROTRACTED Gulf war has virtually shattered the Philippines' hopes of mounting an aggressive export offensive in the Middle East Page 10
      24 words
    • 37 1 LEADERS of hundreds of Soviet enterprises are set to launch a counter-attack on the reimposition of central controls over the Soviet economy, calling for the repeal of a string of recent decrees Page 11
      37 words
    • 26 1 A LEADING European Community official has said that weaker oil prices have helped calm fears of surging inflation in the bloc Page 11
      26 words
    • 32 1 THE TENSION in Sabah between the PBS and the National Front coalition government continues to cast a long, uneasy shadow over the political scene in neighbouring Sarawak Page 13
      32 words
    • 17 1 DANNY AIELLO is an actor who identifies with the Everyday Man Page 17
      17 words
    • 25 1 SEMBAWANG's fast expanding aviation arm has broadened its range of services with its own hangar at Seletar Airport. Shipping Times Page 1
      25 words
  • MARKETS SUMMARY
    • 28 1 SHARE PRICES opened lower in New York yesterday with the Dow Jones index of leading industrials falling 9.91 points to 2,922.27, five minutes into the session.
      28 words
    • 39 1 AFTER sliding early in the morning, shares in London recovered towards midday yesterday, boosted by data confirming the economy's sharp slowdown. At 1230 GMT, the Footsie index stood at 2,311.9, just 0.5 points down on Tuesday's close.
      39 words
    • 36 1 JAPANESE GIANT Takashimaya's proposed tie-up with Cold Storage may be the first of more joint ventures with non-Japanese partners to help it operate the shopping podium in Ngee Ann City. Page 3
      36 words
    • 44 1 LADY LUCK seems to have turned against Oei Hong Leong in recent times and the Honshu investment is but one of his several worries culminating in the sale of most of his shares in UIC late last vear Page 3
      44 words
    • 22 1 MALAYSIA is drafting a new insurance law to weed out the crooks and improve the system Page 8
      22 words
    • Article, Illustration
      30 1 Wednesday Change BT-MGA 680.73 +5.22 Kuala Lumpur ....562.26 +6.92 Hongkong 3,492.16 +24.32 Tokyo 26,198.79 +31.81 Sydney 1,372.7 -25.6 Tuesday Change New York 2,932.18 -2.47 London 2 312.4 -5.9
      30 words
    • 19 1 Exchange rates USS SSI.7195 iOO Yen SS1.3081 MS SS0.6373 Money market rates Overnight 4-1/2 +1/4 3-month 4-1/2% unch
      19 words
    • 37 1 London Gold AM fix US$363.75 USS2.15 Rubber S'pore Mar 144.25'/kg +0.50 M'sia Mar.... 228 00«/kg unch KL Tin Turnover. 32tonnes+22 Spot MS 15.10 /kg +0.11 Crude palm oil Turnover 1,023 lots +447 Mar MS843 /tonne -7
      37 words
  • 528 1  -  Move could lead to price war among airlines By Chitra Rajaram A MOVE by Malaysian Airlines (MAS) to slash its economy fare from Singapore to London by $350 to $1,500 could lead to a free-for-all price war among airlines on the lucrative route. Sources
    528 words
  • 501 1 THE GULF Iraqi armed forces vow to fight till the end Agencies A FLURRY of last-ditch diplomatic activity to end the Gulf War suffered a major jolt yesterday. Iraq vowed to fight on and Moscow signalled there had been no response to
    Agencies  -  501 words
  • 315 1 SINGAPORE STOCKS posted handsome gains yesterday in a day that saw volatile trading in other Asian markets. Trading volumes and share prices in the local bourse soared and institutions were active buyers. The Straits Times Industrials Index closed 18.10 points higher at 1397.40. within challenging
    315 words
  • 369 1  -  By Quak Hiang Whai A SINGAPOREAN businessman was charged in court yesterday with 30 counts of criminal breach of trust involving multiple share applications. Arjan G Kirpalani, 44, was alleged to have deceived DBS Bank into believing that 438 applications made during a share issue
    369 words
  • 223 1 Reuter AMERICAN Federal Reserve Board chairman Alan Greenspan said yesterday that the US inflation rate this year may be the lowest in several years and that he foresees a moderate upturn in the economy in the coming quarters. Presenting the Fed's semiannual
    Reuter  -  223 words
  • Page 1 Advertisements
    • 136 1 rßurberrys' i <co C/ J r -v > 5 t S O u Reigns when it pours Laasßasßß^ss Ad Marketing 14 Money Changer Rates 27 Walter 27 Aircraft Schedule 27 Money Market 25 World News 11 Commodities... 26 Regional Co Nevus 4 Crypt* Crossword 27 Regional News 10 For market
      136 words
    • 17 1 US firms stand to gain in Kuwaiti reconstruction, Pg 11 Job-hungry Indians returning to Gulf, Pgl 1
      17 words
    • 53 1 PAL to launch chartered flights to Jeddah, Back Pg SAPORITI ITALIA. THE ULTIMATE IN STYLE AND PRESTIGE. Italian design ingenuity at its best. Contemporary furniture for the home and executive office. The Saporiti Collection. Exclusive to Le Mercier's. C 3<(' ,'1 2MVrha lH »ule»Jfd p art House 1024 T el
      53 words
    • 5 1 I BALLY SHOES FASHION ACCESSORIES
      5 words

  • HOME NEWS
    • NEWS ROUNDUP
      • 77 2 THE Singapore Institute of Standards and Industrial Research is inviting public comment on the specification for cushioning foam and the code of practice for packaging and containers for hazardous substances. The standard specifying expandable polystyrene foam used as package cushioning foam will be of interest to
        77 words
      • 79 2 TWO professors from Germany are in town to exchange information with local academics on the two countries' education systems. Professor Dr-Ing Werner Lang and Dr-Ing Hans Peter Grunberger from the Fachhochschule fur Technik Esslingen both experts in application-oriented courses of study will conduct a seminar for
        79 words
      • 49 2 PRIME MINISTER Goh Chok Tong will host a Lunar New Year party for community and grassroots leaders at the Istana on Saturday. President Wee Kim Wee and the First Lady will also join the Cabinet members and senior government officials at the party.
        49 words
      • 46 2 SENIOR Minister Lee Kuan Yew will attend the launch of "Friday Weekly", a 20-page Chinese weekly for students, at the Mandarin Hotel tonight. A Singapore Press Holdings project, the "Friday Weekly" tabloid is targetted at pupils aged between 12 and 18.
        46 words
      • 73 2 CHINGAY Fantasy 1991 on Saturday will feature more than 3,000 participants, including two foreign groups. They are from Cebu in the Philippines and the Malaysian state of Malacca. Besides dances, percussion bands and fairy tale stories, there will be 13 floats in the Orchard Road procession. The parade,
        73 words
      • 36 2 4 ORCHARD ROAD will not be closed this Sunday, as it usually is every last Sunday of the month, in view of the ckßure for Chingay Fantasy 1991 on Saturday.
        36 words
    • 183 2 THE Housing and Development Board has awarded a $3.6 million job for the replacement of water tanks. According to the latest government gazette, Ho Lee Plumbing Pte Ltd was given the contract to replace existing mild steel water tanks with fibreglass reinforced
      183 words
    • 419 2 All children to have at least 10 years of general schooling SWEEPING changes are in store for Singapore's education system, affecting all levels from primary to post-secondary education. The changes which are being finalised will be implemented next year, said Education Minister
      419 words
    • 450 2  -  By Selva Kumar USERS of the Inmarsat-C mobile satellite communication system who utilise the Singapore Land Earth Station (LES) will only pay the satellite charges and not the land line charges. This was disclosed by Richard Fong, vice-president of
      Source: Singapore Telecom  -  450 words
    • 293 2 AMERICAN chcmicals giant Du Pont yesterday opened a regional distribution centre in Singapore, in a move underlining the Republic's importance in the group's global network. The centre, located in Tuas, marks another step in Du Pont's plan to propel its growth in the Asia-Pacific
      293 words
    • 291 2  -  By Schutz Lee TAN ENG JOO was re-elect-ed president of the Singapore Chinese Chamber of Commerce and Industry (SCCCI) yesterday at the chamber's council meeting. Mr Tan, director of Haw Par Brothers International and Prima, was the choice of 58 of the 60 chamber
      291 words
    • 309 2 SINGAPORE, the second largest investor in China's Hainan Island, will explore further business opportunities this April when Minister of State for Trade and Industry Mah Bow Tan leads a trade mission there. Hainan needs management expertise for its agricultural sector
      309 words
  • Page 2 Advertisements
    • 127 2 PTI Durham AID A \pT"/ University |f| PA Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving dedication to the pursuit of excellence in all
      127 words
    • 265 2 Sembawang to set up aircraft maintenance centre in Hainan, Pg 3 15 March 1991 Carlton Hotel Singapore Seminar programme: Fine pitch technology Of Trends of semiconductor LSI packages Application technology of solder paste for fine pitch devices Pick and place technology for fine pitch devices Bare chip packaging technology or
      265 words

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 446 3  -  Proposed venture with Cold Storage to run supermarket at Ngee Ann City By Suzanne Soh TAKASHIMAYA's proposed tie-up with Cold Storage Holdings may be the first ot several joint ventures with non-Japanese partners aimed at helping the Japanese newcomer operate its huge shopping podium in
      446 words
    • 439 3  -  By Magdalene Ng THE Jardine Matheson Group made a quiet start on the local stock market yesterday morning, but trading gathered some momentum in the afternoon. Only eight lots of Jardine Matheson Holdings shares had crossed hands at HK530.25 each by
      439 words
    • 223 3 IDRIS Hydraulic (Malaysia) Bhd, which has seen lively interest in the past few days, says it is not aware of any reason for the substantial increase in its price and turnover on the Kuala Lumpur Stock Exchange. It was replying to
      223 words
    • 385 3  -  By Elaine Koh BATTERED BY escalating bunker prices and the weak Australian economy, shipping group Steamers Maritime saw flat earnings last year. Group profit after tax and minorities stood at $9.51 million for the year ended Dec 31, 1990, little changed from the previous year's
      385 words
    • 396 3  -  THE HOCK LOCK SIEW COLUMN By Magdalene Ng UNLESS the tides of fortune turn for businessman Oei Hong Leong in the next eight days, his investment of an undisclosed amount in Japanese paper manufacturer Honshu Paper options could well go down the drain. In
      396 words
    • 218 3  -  By Rahita Elias MARINE-BASED Sembawang is making inroads into Hainan with plans to set up an aircraft maintenance centre and a shiprepair facility in the Chinese province. Speaking to reporters after the opening of Sembawang Aviation's new hangar yesterday, group executive
      218 words
    • COMPANY BRIEFS
      • 186 3 MALAYSIAN Airline System Bhd says it will make an extraordinary gain of M 583.3 million from the disposal of its 23.4 per cent stake of 23.4 million Msl shares in Malaysia Helicopter Services Bhd to Roxy Electric Industries. Replying to queries from
        186 words
      • 133 3 MBF HOLDINGS Bhd announced yesterday that its subsidiary, MBf Property Services Sdn Bhd, has signed a sale and purchase agreement with the receiver and manager of Lake Golf Hotel Sdn Bhd, Hanafiah Raslan Mohamad,. to acquire Malacca Village Resorts. The purchase, which would include two adjoining
        133 words
      • 127 3 TA ENTERPRISE Bhd has decided to continue with its expansionary plans to gear up for future opportunities, said its chairman Mr Tiah Thee Kiah. However, the immediate strategy of the company was to strengthen it core business of securities trading further before diversifying its activities,
        127 words
  • Page 3 Advertisements
    • 158 3 Will you call me from your hotel, darling? J i ANA HOTEL SINGAPORE Sembawang Aviation opens hangar at Seletar, Shipping Times Pg 1 •"*■«*&> I i I MBb l»i w> iiiffo dS jA *f 1- *V- 2*^4 i I &ra3WG^ Bf IffiitaTTr fl I agar -1 z>- j r w-
      158 words

  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 70 4 ONE OF NEW ZEALAND'S best known high-country sheep farms, Cecil Peak Station, has been sold to a Hongkong cowpany. Hongkong's Momingside Asia Group on Tuesday won the approval of NZ Lands Minister Rob Storey to take ovef the 13,685-hectare farm on the banks
        70 words
      • 64 4 ASIA LTD of Hongkong, a subsidiary of the Plexchem International Inc, plans to intensify its jnanunoth investment projects in Asia in a bid to turn it into -a cttjor manufacturer of plastic resins, chemicals and heavy fiji3r Chairman Alan Frishman told Business Post yesterday jPlCHftem Asia was
        64 words
      • 74 4 ♦lA* PHILIPPINES' biggest gold producer, Benguet Corp, £s<fcC»t expected its Antamok open-pit gold mining project to production by the fourth quarter of this The company said it was hoping to concentrate on *op££pit mining in 1991 to offset losses from underground *t»SSg caused by a
        74 words
      • 69 4 J AM&CO CORPs wholly-owned Amoco Australia Petroleum take a 47.5 per cent stake in a Western Australian oil e£p£yration permit through a farm-in agreement with the partners. Ampol Exploration Ltd, current operator of **3rit WA-206-P in the offshore Browse Basin, said it and *sp£of
        69 words
      • 77 4 MISUSHITA ELECTRIC Industrial Co Ltd group will I'. 180 billion yen in Middle Eastern and Asian countries Australasia over the three years to March 31, 1994, to then production there. The company aims to boost il production in those regions to about 700 billion yen
        77 words
      • 65 4 jftb.lPS ELECTRICAL Co of Thailand Ltd has set up a t IflSfih Care Business Group to oversee the marketing strate- gfatits locally-based Philips Medical System Asean Regional I %sSre. The Philips medical centre, the first regional medical 2*j|e established by the company in Asia, opened
        65 words
      • 65 4 fftfoNESlA's PT Asahimas Subentra Chemical, Indonesia's I' producer of plastics, will double its production capacity r fofr 150 to 300 tonnes a year, the Jakarta Post reported. Amftpany president Sudwikatmono said that Asahimas Submw would build a new factory on 18 hectares of land -JHSeent
        65 words
      • 64 4 23£t>ON EXPRESS Co Ltd has set up a company in Bangjflfjhat will ship and install plant equipment. The company, -QSSnon Express Engineering (Thailand) Co Ltd, will be capiZ&dsad at one million baht and wholly owned by Nippon 'Aft*" (Thailand) Ltd. It will ship oil-refinery and chemicalMK
        64 words
      • 66 4 -I®TERN MINING CORP Holdings Ltd said it will exm copper and uranium production at the giant Olympic mine in the far north of the state of South Australia »h a As 66 million investment programme. "The projMme will involve boosting copper production by more 40 per
        66 words
      • 83 4 jSfa'E-OWNED Australian Broadcasting Tribunal says it «2fcet to grant Kerry Packer's The Nine Network Australia Irenewal of the television licence for Channel Nine in "In terms of Channel Nine, there is a question still of tfiSble cross-media contraventions relating to two radio ;jsjß>ns," the tribunal's
        83 words
    • 412 4  -  By William Chia HONGKONG-BASED Burwill Holdings, which has a secondary listing on the Stock Exchange of Singapore, is buying a 50.1 per cent stake in a property trust listed on the Australian Stock Exchange. Burwill said it would be acquiring
      412 words
    • 277 4 SEACON Development Co's Seacon Square project, one of the largest complex planned in Asia, has sought Bangkok Bank and Thai Farmers Bank to become shareholders and financial source of the BdO billion (Ss6B3 million) plan, according to the Bangkok Post. Dusit
      277 words
    • 293 4 Reuter HONGKONG-LISTED Hwa Kay Thai Holdings Ltd is planning a special cash distribution of 35 HK cents a share to its shareholders. The company said that the cash distribution plan, which is expected to cost a total of HKSIIO million (Ss24
      Reuter  -  293 words
    • 236 4 COST OVERRUNS and provisions for inventories and the winding up erf loss-incur-ring subsidiary Telequest Inc plunged Teletech liiernational Holdings deeper into the red for the financial 7ear ended Sep 30, according to the South Chinfl Morning Post yesterday. Teletech on Tuesday reported a
      236 words
    • 462 4 Analysts cite Gulf War and tighter credit Reuter THIS YEAR will not be kind to firms keen to list on the Jakarta Stock Exchange, which has been hit by the Gulf War and tighter credit, share analysts said. "Companies should be more cautious
      Reuter  -  462 words
    • 201 4 Reuter MATSUSHITA Electric Industrial Co Ltd of Japan will increase its investments in the Philippines to US$52 million (5589.4 million) by 1993 to fund expansion projects of two subsidiaries, officials said. They said the money will be used to fund the construction of 10
      Reuter  -  201 words
  • Page 4 Advertisements
    • 62 4 FOR SALE BY TENDER 758 DEVONSHIRE ROAD Land ***** sq ft for high-density jy development Jcl Premier district 9 within quiet estate lished residential area with quick B access to main in close proximity V\ to Somerset MRT u station and Orchard W /f Road Tor more Information and tender
      62 words
    • 89 4 PARKWAY HOLDINGS LIMITED 5530,000,000 Unsecured Notes known as "Guaranteed Floating Rate Notes Due 1993" In accordance with the provisions of the Notes, notice is hereby given that for the period 21 February 1991 to 21 May 1991, the Notes will carry a rate of interest of 5.4375% per annum with
      89 words

  • Page 5 Advertisements
    • 86 5 VACHERON CONSTANTS The World s oldest Watch M -icun ,r Geneva since y v > > > f f ,v i I I i /.y I A Authorised Ret or. ••< SINGAPORE Cortina Watch Centre Pte I'd 23 >00«4 i3«\n*-. 'V; 1 Roy Eastern W,Vo K Jewei M? r y
      86 words

  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 84 6 PART OF the Cyprus leisure and fruit activities of failed UK group Polly Peck International pic may be floated on the Istanbul Stock Exchange, The Guardian newspaper reported. It said the proposal, still at an early stage, came from Richard Stone,
        84 words
      • 56 6 SENIOR BELGIAN MINISTERS agreed in principle the •xtfrn would help to restructure and recapitalise the majority state-owned ailing national airline Sabena SA, a communications ministry spokeswoman said. But she said there were conditions attached concerning Sabena's own contribution to the plan. "Sabena must make an
        56 words
      • 69 6 SHOWA SHELL Sekiyu K K's subsidiary Shoseki Oil Development Co Ltd has received approval from state-owned Oil and Mineral Resources Corp to look for oil in centtrf Yemen. With the cooperation of Nissho Iwai Corp, "hofrfci Oil has set up Shoseki Oil Development Co
        69 words
      • 61 6 AVTOLATINA, the holding company for Ford and Volkswagen in Brazil, is to shed more than 8,000 assembly workers. The 16 per cent cut in personnel represents one of Brazil's biggest private sector dismissals. The bulk of the redundancies came yesterday when 5,110 employees received
        61 words
      • 93 6 THE FEDERAL JUDGE who sentenced Michael Milken to 10 years in prison indicated on Tuesday that she believes he should serve at least three years in jail. US district judge Kimba Wood said she fashioned a sentence for the former Drexd Burnham Lambert Inc financier
        93 words
      • 97 6 NIPPON OIL Co Ltd plans to start an environmental study soon On building an oil refinery in Yamaguchi, western jQptn. The refinery will mainly consist of a unit to crack 120j000 barrels per day of fuel oil to produce middle distillate products such as petrol
        97 words
    • 500 6 Quarter's results much better than Wall Street estimates NYT HEWLETT-PACKARD Co reported unexpectedly strong earnings on Tuesday, attributing the gain to sales of new products and cost-cutting efforts. Analysts said the quarter's strong results could mark the end of a malaise gripping the computer company
      NYT  -  500 words
    • 439 6 NYT FANUC LTD of Japan, one of the world's leading producers of machine tools and robots, announced on Tuesday that it had decided not to buy a stake in a Connecticut machine tool builder that helps make nuclear weapons. After
      NYT  -  439 words
    • 166 6 AFP THE world's biggest construction group, Bouygues, is taking British press magnate Robert Maxwell to court in Paris for selling 10 per cent of his shares in the French television network TFI to US bank Goldman Sachs. Bouygues said on Tuesday that it was suing
      AFP  -  166 words
    • 306 6 Reuter THE Dutch shareholders' lobby VEB will start a "proxy fight" against the planned merger of insurer NationaleNederlanden and NMB Postbank Groep. VEB spokesman Robert de Haze Winkelman told a Nat-Ned shareholders' meeting at the Hague on Tuesday that the VEB would request
      Reuter  -  306 words
    • 412 6 UPI ART TREASURES amassed by Polly Peck chairman Asil Nadir went on sale in London on Tuesday in an effort by court-appointed administrators to raise £3 million (SSIO.I million) to help company cash flow. Administrators Richard Stone and
      UPI; Reuter picture  -  412 words
  • Page 6 Advertisements
    • 159 6 -4K 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
      159 words

  • Page 7 Advertisements
    • 54 7 Running an ad in the Yellow Pages gives you the most cost-effective coverage. Astute businessmen realise this. So if you're in business, be in the Yellow Pages. Thffc RnCIVIPCC RllllHor I It's the right route to extensive coverage at OII»IIiC»» DHIIVICft I low-running costs. SS2CSj yellow pages 1 Call Integrated
      54 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 107 8 FIVE MAJOR THAI BANKS yesterday went against market expectations and reduced the time deposit rate by one percentage point for depositors in Bangkok in the face of resistance to rate reduction in the provinces. Instead of reducing the interest rates on deposits of
        107 words
      • 101 8 A CREDIT RATING AGENCY downgraded the debt ratings of Japan's four biggest trust banks on Tuesday amid concern over rising interest rates in that country and new competition created by financial deregulation. Standard and Poor's Corp lowered ratings for senior long-term debt and certificates of deposit
        101 words
      • 76 8 DAIWA-MKB HUNGARY Ltd, a Daiwa Securities Co Ltd venture with two Hungarian banks, will become a member of Hungary's stock exchange early next month, a Daiwa official said in Tokyo on Monday. Hungarian securities authorities on Feb 11 granted the venture, Daiwa-MKB, a securities firm licence.
        76 words
    • 413 8 MBT, Bernama A NEW insurance law "to weed out the crooks and improve the system" is being drafted by Bank Negara and the Attorney-General's Chambers, Malaysian Finance Minister Datuk Paduka Daim Zainuddin said on Tuesday. Datuk Paduka Daim said the new law, which
      MBT,; Bernama  -  413 words
    • 374 8 Reuter PERWIRA Habib Bank Malaysia Bhd, Malaysia's seventh largest locally incorporated bank in asset terms, has announced a major capital restructuring plan to write off huge accumulated losses. Bank officials in Kuala Lumpur said on Tuesday that Perwira's main shareholders, which include Malaysia's central bank
      Reuter  -  374 words
    • 385 8 Reuter THE US Securities and Exchange Commission was to consider yesterday whether to adopt a rule that would require a brokerage firm to notify the agency if large sums of money are withdrawn, and permit the SEC to limit withdrawals. The proposal stems from
      Reuter  -  385 words
    • 631 8 AFP AUSTRALIA'S ccntral bank may extend supervision of a banking system burdened with as much as Asls billion (5520.3 billion) in nonperforming loans and battered state banks. Reserve Bank governor Bcrnic Frascr has said the ccntral bank's approach to supervision "is
      AFP  -  631 words
    • 319 8 THE Bank of Thailand has approved brokers to open 109 new brokerage branches in 19 provinces as part of a long-term package to mobilise funds from the upcountry to support the stock market. The Nation reported on Tuesday that over the past
      319 words
    • 259 8 A HONGKONG firm will be charged with illegal currency trading following an international investigation by Thai authorities. The South China Morning Post has reported that the company, which has not been named, is one of eight targeted by a Bank of
      259 words
  • Page 8 Advertisements
    • 475 8 fl I Steamers Maritime Holdings Limited (Incorporated in the Republic of Singapore) The Directors advise the following audited results of the Group and the Company for the year ended 31 December 1990: I COMPANY GROUP I 1990 1989 1990 1989 $'000 $000 $'000 $000 Sales 42,475 40,621 Operating profit and
      475 words
  • Page 8 Miscellaneous

  • Page 9 Advertisements
    • 805 9 I Citibank announces a new share issue plan! designed to re-charge j I your investments. Just when you thought opportunities were the cost of your shares, whichever is lower. scarce, GP Batteries International comes out with a The reimbursement will only be effected to new share issue. The difference is
      805 words

  • THE REGION
    • NOTE BOOK
      • 60 10 PRIME MINISTER Chatichai Choonhavan appointed yesterday his deputy, Arthit Kamlang-ek, as deputy defence minister in a move seen as signalling renewed confrontation with unfriendly army generals. General Arthit takes up the post immediately, according to a Royal Order announcing the appointment. He will remain
        60 words
      • 60 10 UNITED PRESS INTERNATIONAL said on Tuesday it will open a bureau next week in Hanoi, Vietnam, to become the first United States-based news organisation with permanent representation in Vietnam since 1975. The US maintains a trade embargo towards Vietnam and, until now, the Vietnamese have
        60 words
      • 98 10 INDONESIA will keep slashing at red tape and tariffs, aiming to boost exports to a flagging world economy. Finance Minister Johannes Sumarlin said. "We will move to increase non-oil exports by abolishing all constraints that make exports expensive," Mr Sumarlin told a parliamentary hearing on
        98 words
      • 66 10 THE Irrigation Development Training Center, worth US$lB million (Ss3l million) and totally funded by the Japanese government, was officially opened on Monday in a central Burmese town, Radio Rangoon said. The state-run radio, monitored in Bangkok, said the training centre was opened by Burmese Agriculture and
        66 words
      • 71 10 HIGH humidity was blamed on Tuesday for the deaths of nearly 2,700 cattle being fattened up for export at a huge Japanese-owned feedlot in Australia. Ed Casey, Queensland s Minister for Primary Industries, told state parliament on Tuesday the humidity level at the feedlot at Texas,
        71 words
      • 102 10 PHILIPPINE Foreign Secretary Raul Manglapus said on Tuesday the Association of Southeast Asian Nations will hold an unprecedented summit meeting on regional security in December. Mr Manglapus said regional consensus on security was necessary in view of the eventual closure of the US military bases
        102 words
    • 616 10  -  Gulf War slows down initiative; exporters adopt wait-and-see stance From Al O Labita Jr in MANILA THE protracted Gulf War has virtually shattered Philippine hopes of mounting an aggressive export offensive in the Middle East. "There is very little opportunity for trade with
      616 words
    • 284 10 Reuter THE PHILIPPINES has asked Japan to subscribe to a bond issue which the government hopes to make with US backing, Philippine Foreign Secretary Raul Manglapus said. He said Tokyo would seriously consider the proposal, which is part of Manila's plan to get its
      Reuter  -  284 words
    • 333 10 THE VALUE of outward processing as a proportion of overall trade between Hongkong and China increased significantly in the third quarter of last year, reflecting the growing inter-connection of businesses in the territory and the mainland, the South China Morning Post reported on
      333 words
    • 472 10 Agencies LOCAL and foreign firms engaged in energy resource exploration and development in the Philippines have been exempted from a 9 per cent import levy imposed last month to help raise cash, officials said yesterday. Finance Secretary Jesus Estanislao issued a memorandum last week
      Agencies  -  472 words
    • 117 10 THAI EXPORTERS are encouraged to launch their own sales and mariteting promotions overseas in order to maintain exports at a time when terrorist warnings have frightened many potential buyers away from visiting Thailand. The encouragement comes from the Export Promotion Department in an effort to meet
      117 words
    • 311 10 MBT TOURISM South Australia (TSA) is setting up an office in Penang next month, its second in Asia after Singapore, to promote Adelaide as a tourist attraction in the region. The South Australian tourism body's manager for Asia, Mr Nick Koorey, said Penang was chosen over
      MBT  -  311 words
  • Page 10 Advertisements
    • 124 10 SINGAPORT 91 A BT Special Survey on Singapore' s shipping industry March 26,1991 I For the third year running, Business Times will publish I a special supplement to coincide with Singapore's premier shipping I event SingaPort. This year, the supplement will give an insight I into the future of various
      124 words

  • THE WORLD
    • 423 11 Call to end row between Moscow and republics FT LEADERS of hundreds of Soviet enterprises are set to launch a counter-attack on the reimposition of central controls over the country's economy, calling for the repeal of a string of recent decrees. At
      FT  -  423 words
    • 234 11 Reuter TAIWAN plans to launch its drive to regulate links with China by sending a trailblazing team of "unofficial" economic negotiators to the mainland next month, Taipei newspapers reported yesterday. The reports said representatives of Taipei's new "Foundation for Exchanges Across the Taiwan
      Reuter  -  234 words
    • 278 11 FT FIRST clear signs that the French economy was in recession even before the start of the Gulf War emerged on Monday, with news of a sharp decline in industrial output in the closing months of last year. The figures,
      FT  -  278 words
    • 594 11 THE MM* WAR; WHEN Saddam Hussein invaded Kuwait, many wondered whether he would destroy the sheikdom's vast oil operations. Now, they fear, the answer is clear. In recent weeks, Iraqi troops have torched at least 12 wells and started dismantling two Kuwaiti
      594 words
    • 443 11 AP A LEADING European Community official says weaker oil prices have helped calm fears of surging inflation in the trading bloc. "The risk of inflationary pressures coming to us from the outside world has been diminished," Henning Christopherscn. the community's top economics official,
      AP  -  443 words
    • WORLD WATCH
      • 96 11 THE SRI LANKAN GOVERNMENT is planning to attract US$2OO million (***** million) in foreign investment annually in a bid to contain the country's growing unemployment. Nissank Wijewardene, director of the Greater Colombo Economic Commission, which regulates foreign investment, said in Colombo on Tuesday
        96 words
      • 60 11 ZIMBABWE will meet Western donors in Paris next month to raise about US$3.4 billion (Sss.B billion) in foreign funding for economic reforms. The Finance Ministry said in Harare on Tuesday that Zimbabwe would seek finance at the March 26-28 conference to support reforms, including
        60 words
      • 90 11 LATIN AMERICAN COUNTRIES, alarmed that Peru's cholera epidemic could spread to them, have stepped up deliveries of emergency medical aid to Peru to help it stop the disease that has struck 22,500 people so far. But some diplomats in Lima complained on Tuesday that
        90 words
      • 62 11 AN ENVIRONMENTAL GROUP will pay off US$4 million (SS6.B million) worth of Mexico's foreign debt in return for the country's pledge to boost spending for conservation, according to an agreement signed in Washington on Tuesday. It was the first time Mexico had agreed to a so-called
        62 words
      • 72 11 THE EUROPEAN PARLIAMENT will authorise emergency aid today for the Soviet Union and endorse a trade agreement with Romania, say parliamentary sources said in Brussels. In protest last month against Soviet action in the Baltic republics, the Parliament refused to authorise payment of US$35O million
        72 words
    • 199 11 AFP THE BUNDESBANK has called on the German government to limit spending to the maximum amid fears of a burgeoning public debt and inflationary pressures. It said in its monthly report released on Tuesday that the country would find it difficult to hold down
      AFP  -  199 words
    • 494 11 AFP INDIAN workers who fled Iraq or occupied Kuwait, especially physicians and engineers, are heading back to the Gulf where job offers are swelling because of an exodus of trained Asian personnel since the outbreak of the war. Many Gulf countries have also sent signals
      AFP  -  494 words
    • 48 11 The Pentagon released this aerial photograph on Tuesday after accusing Iraq of faking bomb damage to a mosque in the southern city of Basra. It said Iraqi engineers neatly removed the dome and destroyed the second storey to make it look like bomb damage.
      48 words

  • 541 12 EDITORIAL THE SOVIET initiative to prevent the Gulf war from leading to a land battle resembles rather well United Nations Secretary-General Javier Perez de Cuellar's last-ditch effort in January to stop hostilities from starting. Then, Mr de Cuellar's hope was to make Baghdad see that it
    541 words
  • WHAT THE OTHERS SAY
    • 239 12 IT IS not difficult to see why Mr Gorbachev is anxious to make a splash on the international stage by bringing about an Iraqi withdrawal from Kuwait. It will help to boost his standing at home and ensure for the Soviet Union an important role in the
      239 words
    • 138 12 PM GOH Chok Tong recently revealed the need for the new Ministry of Information and the Arts (Mita) to review the Censorship Act. The announce- mcnt is timely. People today are more educated and open to ideas. Being plugged into the international grid, Singapore is receiving vast
      138 words
    • 119 12 THE proposed Growth Triangle for Singapore, Johor and Batam not only adds impetus to the countries' economic development but also strengthens their bonds. While the investors enjoy greater freedom and choice, the differences in the countries in terms of policies, styles of operation and efficiency levels may pose
      119 words
  • REGIONAL VIEWPOINTS
    • 185 12 THE IRONY of the whole conundrum in the Gulf and West Asia is that President Saddam has brought about exactly what he has often vowed to prevent: a Greater Israel. Washington's motive is fast becoming clear: it wants to perpetuate its client state's position as the
      185 words
    • 174 12 THE COMING months and years are precarious indeed for South Africa. Redesigning the country's economic pattern in order to provide more job opportunities for the blacks while they are otTered special training to acquire new skills, is a time-con-suming process. President de Klerk's government could present an
      174 words
    • 151 12 THE CORRUPTION scandals that have come to light in South Korea over the past few months are an encouraging sign that bribery and influencepeddling are ceasing to be socially acceptable in a country where they have long been an integral part of industrial and political
      151 words
  • 1158 12  -  Winston Lord on how the US should react to the proposed Iraqi withdrawal Winston Lord The writer, a former US ambassador to China and former director of the State Department's policy planning staff, lectures and writes on international affairs. He contributed this comment
    1,158 words
  • Page 12 Advertisements
    • 35 12 fSSbucan fly KLM to more than 140 destinations in 77 countries^ j* |fr-. •V ?Hp f 1 That's the four corners •Vy"*'"' ~.P'' S <£■* fc -i 3''! J? 3 y >' *L ißfci" u- it v.". ■&>
      35 words
  • Page 12 Miscellaneous

  • ANALYSIS
    • 778 13  -  Eduard Shevardnadze resigned as Soviet foreign minister in December after warning that dictatorship was coming to his country. Since then he has avoided contact with the Western media. In a rare interview, Mr Shevardnadze spoke to Weekly Asahi's correspondent Takayuki Umemura in Moscow
      778 words
    • 1077 13  -  Sarawak's Dayak 9 leaders say their community has 1 been 1 short-changed in 1 its dealings with 1 the Malaysian I federal government. David Chew G reports on the fight for greater jj Dayak rights I David Chew THE continuing ten- I sion
      1,077 words
    • 813 13 Bombs at London railway stations may mark a change in terrorist tactics NYT THE bombs that rocked I two central London rail- I way stations on Monday, I killing one man and wounding 40, 1 appear to signal a change of tactics by the
      NYT  -  813 words

  • ADVERTISING & MARKETING
    • 416 14 LEO BURNETT bagged five awards at the 13th annual John Caples International Awards held on Feb 5 in New York. The Caples, which honour creative excellence in the direct marketing industry, presented the Chicago-based advertising agency with three trophies for the George Dickel Whiskey and Dewar's Scotch campaigns
      416 words
    • 407 14  -  The budget is modest, but the job is grand. Jean Wee reports on this year's rush for a national contract Jean Wee Barely half a year after the end of the 25th Anniversary festivities, advertising agencies are scrambling to secure the job to handle
      407 words
    • 207 14 The vegetarian ex-Beatle wife may appear in an ad for a new range of non-meat foods EX-BEATLE wife Linda McCartney will be singing praises for a new range of green food. Ross Young, the subsidiary of United Biscuits, is planning a new range of
      207 words
    • 446 14  -  Sangeeta Mulchand finds out what plans the agency has after quitting the territory Sangeeta Mulchand CHIAT/Day/Mojo has decided to close down its three-man representative office in Hongkong and consolidate its South-east Asian operations in Singapore after operating for 12 months in the colony.
      446 words
    • 261 14 THE FUTURE of Thailand's advertising industry remains bright in spite of an cxpected zero growth in expenditure for the first half of this year, according to a Bangkok Post report. This is bccausc the economic outlook is cxpcctcd to pick up in the second half of
      261 words
    • 164 14 CHIAT/DAY/MOJO seems set for a good year ahead, in spite of the tensions in world economy caused by the Middle East crisis. Eddie Chan, chairman and chief executive officer of the international advertising agency, disclosed to BT that CDM has clinched $3 million
      164 words
    • 491 14  - Helayne Spivak a name to be reckoned with in advertising Randall Rothenberg profiles Y R's creative director extraordinaire Randall Rothenberg NYT AN art director and a copywriter showed Helayne Spivak the 25th revision of a television commercial that their client had yet to approve. Gently, the new creative director of
      NYT  -  491 words
  • Page 14 Advertisements
    • 120 14 y Scalpel...scissors...sutures.„ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them you need to be kept well informed to maximise returns on Essential information accessible every business day your money. trough Business Times. In the same way a surgeon needs his tools
      120 words

  • SPORTS
    • 424 15 Reuter AMERICAN Tim Mayotte, once a perennial top-20 player and Wimbledon quarter-fi-nalist, has fallen on hard times. Now ranked a lowly 105 th in the world, the 30-year-old known as "Gentleman Tim" has turned to one of the game's all-time greats, recruiting
      Reuter  -  424 words
    • 253 15 AP NORTH KOREA indicated yesterday that it may be rethinking its agreement with South Korea to field single teams for world table tennis and soccer championships, reports said. Two days after calling off scheduled high-level premier talks, North Korean radio carried a
      AP  -  253 words
    • 185 15 AP IN AN EFFORT to keep the US Open in New York, Mayor David Dinkins has announced a Grand Slam plan to spend US$l5O million to expand the National Tennis Centre. He said the city and state would work "with the US Tennis Association
      AP  -  185 words
    • 167 15 AFP FRENCHMAN Alain Gauticr's sloop General! Concorde, still deep in ice territory, has increased its lead in the BOC Challenge round-the-world yacht race as he closes to within 2,700 nautical miles of Punte del Este. Race organisers said yesterday that Gautier, overall race leader, was reported
      AFP  -  167 words
    • 513 15 AP HAD A bad day? Consider the plight of Red Klotz. He's had a bad decade. Make that two decades. Klotz is a basketball coach and his Washington Generals last won a game in 1971, 7,000 or so starts ago. A slump of
      AP  -  513 words
    • SIDE LINES
      • 55 15 FOURTH seed Brad Gilbert of the US pulled out of the U*****,000 ATP tournament in Tennessee on Tuesday because of an injury to his left leg. Gilbert, ranked eighth in the world, hurt his leg playing Ivan Lendl of Czechoslovakia in the semi-final of the
        55 words
      • 69 15 STEFAN EDBERG, who recently reclaimed the ATP Tour's No I ranking, beat unseeded Markus Zoecke of Germany 6-4, 7-6 (6-2) in the first round of the men's US$l million Stuttgart Eurocard Classic tournament on Tuesday. After breaking serve to capture the first set, Edberg exchanged breaks with Zoecke
        69 words
      • 55 15 SEEDED players Catarina Lindqvist and Anne Smith won their first-round matches without much trouble on Tuesday at the Virginia Slims of Oklahoma tennis tournament. Smith, seeded fifth, beat Patty Fendick 6-1,7-6 (7-2). Smith will play qualifier Catherine Suire of France in the second round. Suire beat Stephanie Rehe
        55 words
      • 99 15 LEFT-HANDED opener Mark Taylor scored the first century of the West Indies tour but the Australian cricket team had to hang on for a draw against the President's Eleven in their first match on Tuesday. Set a modest victory target of 247, Australia was in difficulties at 174
        99 words
      • 92 15 AN ANTI-SMOKING group, Washington-based Action on Smoking and Health, has filed suit seeking to bar the Virginia Slims women's tennis tournament from a national park, saying the facility should not be used as a "showcase for the promotion of tobacco use". The Virginia Slims of Washington
        92 words
      • 44 15 ITALIAN rider Paolo Casoli broke his right leg while riding his Yamaha during trials for the Spanish Grand Prix on the Jerez circuit on Tuesday. In 1989, on the same track, Casoli broke his leg riding in the Spanish Grand Prix.
        44 words
    • 288 15 AP ALVIN ROBERTSON scored 21 points and Dan Schayes added 18 to lead Milwaukee over Miami 116-90 on Tuesday. Dale Ellis, playing his first home game with the Bucks since he was acquired in a trade for Ricky Pierce last Friday, finished with 17 points, as did
      AP  -  288 words
  • Page 15 Advertisements

  • Page 16 Advertisements
    • 1142 16 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A 'HEAVENLY' FEAST SUMPTUOUS SICHUAN CUISINE. DELICATE YANGZHOU DIANXIN. RICH PIPING HOT STEAMBOAT. LUNCH: 11.30 AM TO 2.30 PM DINNER; 6.30 PM TO 10.30 PM IvlNCl'S A MKMBKR OK COL HOTfcLS HOIK SinCaPOW I
      1,142 words
  • Page 16 Miscellaneous
    • 725 16 TELEVISION AND RADIO A nlrM/Mirl A/lrtltirr i- BBCI2 ?is 5.30 Bra the cm>Lmlm BUatgSSONRWO ACKnowieagmg taient ««.«««—.u., 7.30 PM Murphy Brown Goin 8.00 Tour of Duty Thanks for 6.00 News(M). 7.10 m, 9J5m, 1.30pm, t0 the Chapel (Pt 2). thc Memories. 6.30 Beligious programme. 5.30pm, 3.25 am: Financial News m
      725 words

  • LIFESTYLE
    • 1086 17 Former high-school dropout, unionist and nightclub bouncer, Danny Aiello is now relishing life as a sought-after actor NYT Danny aiello is threefourths of his way through roast chicken and mashed potatoes real mashed potatoes and the phone rings. Again. Usually it's guys with names like Tony
      NYT  -  1,086 words
    • 379 17 NYT A LASER that blasts up to 20 pinpricksized holes in the heart may help alleviate the crushing chest pain from angina in people who are too sick to undergo traditional surgery. The laser procedure was done in a live demonstration on a 71-year-old
      NYT  -  379 words
    • 367 17  -  Rich women are more prone to breast cancer, reports Jack Taylor Jack Taylor AFP WOMEN living in the wealthiest suburbs are much more likely to die from breast cancer than those in less affluent areas, a university study has shown. According to research by Associate
      AFP  -  367 words
    • 517 17 CHATTERBOX FEISTY romantic novelist Barbara Cartland went to Buckingham Palace on Tuesday to be invested as a Dame of the British Empire, and she emerged to defend the royal family against newspaper attacks on its wartime performance. Queen Elizabeth II presented
      517 words
    • 471 17 AP AN HOUR outside of 1 Tokyo by train, past i mile after nearly 1 identical mile of boxy, tile- roofed, Japanese houses, a small slice of "American" suburbia is rising from the vegetable fields. At Woodland Hills Nagareyama, the American workers building California-designed
      AP  -  471 words
  • Page 17 Advertisements
    • 244 17 AND ENTERTAIN Happiest Hours I i >» Rs I l>AllY ortN,N<i I hoi/hi I lIAM K) lAM I Happy Hours at The Fountain Lounge I means enjoying a complimentary drink with I every one you order. Plus, 25% off bottle I purchases. There's great live music too. I ANA HOTEL
      244 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4640 18  -  By SN Vasuki THE SINGAPORE STOCKMARKET closed sharply higher yesterday thanks to active buying and high trading volume. Though the markets opened on a subdued note in the morning, activity picked up, thanks to heavy buying by institutions. The Straits Times Industrials Index ended
      4,640 words

  • 4029 19 Main Board SI A Foreign 1660 50 3.1% Jurong Fng 50* 310 +-45 +17.0% UOB Foreign 725 +25 3.6% OUB 550 25 ♦■4.8% SPH Foreign 1120 20 I 8% DBS 1070 20 1.9% F&N 830 20 2.5% GB Hldgs 20* 130 19 F17.1% K Kellas
    4,029 words

  • BT SHARE INFORMATION SERVICE
    • 272 20 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) H Leong Credit Jan 16 Jun 90 M$24 462($18 0 74 21 8(16 4) 10(10) C&C )an 14 Sep 90 $b3.947(.$34,649) 30 8(23 5a) 15(8 5a) F&N Jan 14 Sep 90
      272 words
    • 230 20 Company Date Year Group pre-tax Hot earnings ann to preflt/loss (L) P* share dhrWeod (•000) (coots) Ul Secunt.es Feb 19 Dec 90 $1,096(15.062) -(5 la) 4(4.6a) Keppel Fin Feb 13 Dec 90 $5,282($5.169) 58(63) 5(4) UMW Feb 8 Dec 90 M$198.464($100.841) 52.3(34 6) 15(-) G Securities Feb 6
      230 words
    • 384 20 Company Date Half-year Group pre-tax Interim ann to prom/less (L) dividend (000) Cold Storage Feb 18 Dec 90 $19,171 ($19,349) 8 7(4 2) AiSB Feb 11 Dec 90 M$10,256($4.005) M Banking Feb 11 Dec 90 M$181.960($155.358) 5(56a) BMT Feb 8 Dec 90 $600(1457) 50(—) Khong Guan )an 31
      384 words
    • 980 20 Feb 19 GP Batteries International a Hongkong battery manufacturer, is making a novel two tier share issue of 7m shares at US$2 each, of which more than half has already been taken up Foreign companies seeking a primary listing on the Stock Exchange of Singapore will be treated
      980 words
    • 271 20 CwTwt Ex leek* Date Total tor Tatal far paymant date due payaMa tea yaar last yaar A»an Find USSO 10(b) Mar 18 Mar 28 Apr 8 USSO10 Awno 5%TE Feb 25 Mar 7 May 15 125UE 25%TE BMT 501(1) Feb 20 Mar 4 Mar 6 50% 150% Bcrjaya
      271 words
    • 531 20 Singapore Stocks Last FoM Year Company Period Date Year Nat EPS Grow Net amwiced entfcif (certs) de profit last year (rooo) CMB Pacfcafnf interim Nov 13 Dec 90 29 7 13 2 11.616(e) BMT Interim tan 10 Jun 91 254 2 1500 773 Apcfc final Feb 16 Dec
      531 words
    • 177 20 Company Rights Issue H leant Cm* Iwoforfive (p. MJ2 80 per share Ex-date Feb 21 Books dose Mar 7 Acceptance Payment NY* PHan® Bhd Two for fiw <g. MJ1 60 per share Li-date Mar 4 Books dose Mar 18 Acceptance Payment NYA Company Bonus Issue H Leonj Credt
      177 words
    • 255 20 Company Rights Issue Mcam One for two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of M$0 10 each at NH1 per share with 10m detachable TSR Batter One tor four (a. MS2 00 per share FAC8 Capital Reduction Scheme to reduce par value of
      255 words
    • 803 20 BONDS, LOANS WARRANTS Company Conversion pwtod Cwwnki twin far nrdiwory tliart CIC Nt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loan Causeway Nl 2/10/89 to 20-10,94 1 warrant plus SO 77 cast) or 1 warrant plus $0 77 nominal amount of loan stock Cluan Hm Note? Chuan fhc
      803 words
    • 183 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1*5TuOM5 20/2/91) Ig JS" j"?® 1991 low: *****2 (16/1/91) }JJJ J* "J*!! 77/3'90 1990 N0t *****3 (16/7/90) »J J* (27/3/90 1990 tar 981 07 09/11/90) J» J" Jg-* 11( 1989 N0t 1322 00 28/12/89) *J J* 1989 km: ***** (4/1/89) JJ»
      183 words
    • 23 20 Weame Brothers Ltd: 76th AGM at 65 Chulia Street #33-00, OCBC Centre, Singapore 0104 on Wednesday, Feb 27, at 10.30 am.
      23 words
  • Page 20 Advertisements
    • 52 20 ONTHE MLL As always, we're first with the results of major soccer matches. Today, you'll know the score of France vs Spain, plus others, in the European championship. Or even the big English FA Cup replay between Everton and Liverpool. The latest news and much more. i From lunch-time. Monday
      52 words
    • 79 20 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      79 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4055 21 Bernama SHARE PRICES closed broadly higher in Kuala Lumpur yesterday, extending their gains on continued buying support despite a retreat in major overseas bourses. The KLSE composite index rose another 6.92 points to 562.26, off the day's high of 563.93 as some indexlinked
      Bernama  -  4,055 words
  • Page 21 Advertisements
    • 88 21 "Where did you pick up that hot stock tip?^ Jo When you call 005-1-212-976-4141, you can profit from the latest stock market news from Dow Jones That's because International Info Hotline makes financial updates available around-the-clock and the information is provided free. You need only pay for the cost of
      88 words

  • TOKYO STOCK EXCHANGE
    • 2219 22 Reuter TOKYO stocks closcd higher after swinging between positive and negative territory all day yesterday. Brokers said aggressive buying of high-tech blue chips brought the index back up in late trading after a volatile morning session that was dominated by Gulf War uncertainties. "It
      Reuter  -  2,219 words
  • STOCK EXCHANGE OF HONGKONG
    • 2109 22 AFP, AP SHARE PRICES on the Hongkong stock exchange closed higher in active trading on Wednesday. The Hang Seng Index, the market's key indicator of blue chips, gained 24.32 points, closing at 3,492.16. Turnover amounted to HK$ 1.420 billion (US$lB2 million), down
      AFP,; AP  -  2,109 words
  • Page 22 Advertisements

  • REGIONAL STOCK MARKETS
    • Profit-taking drags Aussie stocks down
      • 892 23 DISAPPOINTING profit results, uncertainty about the Gulf War and doubts about whether the US stock market can sustain its meteoric rise sent the Australian market to a sharply lower close. The media sector was the only one to defy the downward pull as investors opted for caution and took
        892 words
      • 75 23 THE Taiwan stock index yesterday closed lower on heavy turnover as speculative investors took quick profits from Tuesday's 6.7 per cent gain, brokers said. The weighted index lost 97.80 points (two per cent) to finish at 4,950.68 compared with Tuesday's 5,048.48 close. Turnover rose to NT575.9 billion from NT$44
        75 words
      • 767 23 THAI stocks closed lower yesterday on limited profit-taking and an absence of diplomatic progress from the Gulf stalemate, brokers said. The SET Index fell 6.41 points to end at 817.24 on a 5.52 billion baht turnover. Siam Cement fell 16 baht to 682, Bangkok Bank four to 393 and
        767 words
      • 534 23 PHILIPPINE shares broke past a psychologically important resistance level as buyers focused on sound market fundamentals while hoping peace could be attained in the Gulf, brokers said. The Manila Stock Exchange Composite Index settled above 900 points for the first time this year at 914.17, up 19.65 from Tuesday's
        534 words
      • 774 23 SEOUL stocks yesterday fluctuated throughout the day as individual and institutional investors, motivated by news from the Gulf, battled for market control, brokers said. The composite stock index ended the day up just 0.46 points at 669.91 after hitting a peak above 680 in mid-morn-ing and a low near
        774 words
      • 630 23 THE minor bull run on the Jakarta market continued with blue chips benefiting. The official index was unavailable but the Bankers Trust index rose 12.79 to 684.96. "Foreign institutions have come in to buy in the last few days," one broker said. Paper maker Indorayon jumped 550 rupiah to
        630 words
      • 286 23 LEADING New Zealand shares ended lower yesterday on thin volumes, as buyers were sidelined by indifferent overseas equity performances and a pause in the recent domestic debt market rally. But brokers said there were signs of support emerging in late trade for selected stocks. The Barclays index estimate
        286 words
      • 72 23 Reuter BOMBAY share prices ended mixed yesterday after recovering from an early fall. Brokers said the Bombay Stock Exchange (BSE) relaxed a ban on short I sales. The BSE index fell 1.56 points to 1,148.33 and the national index 1.19 to 570.98. The market opened lower after the exchange
        Reuter  -  72 words
      • 301 23 Taipei NTS All Sincere Indus 13.40 -0.15 Asia Cement 64.50 -2.5 Cathay Construe 82.00 +2.5 Cathay Life Ins 349.00 -9 Chang Hwa Bank 252.00 -14 Chen Shin Rubber 45.70 -1.3 Cheng Loong 25.80 +1.2 Chia Hsin Cement 49.80 -0.2 Chin Hsin Flour 29.90 +0.2 China Chem 71.50 +3.5 China Devd
        301 words
      • 366 23 In local canvncy In S$ In LS$ day change year day year day year FEB 19 Index change change change change change World 400 2 0.2 11.8 0.0 11.9 -0.3 13.2 |EAFE 525.7 0.2 11.8 0.1 13.2 -0.3 14.5 Europe 403 8 04 108 0.4
        366 words
      • 95 23 INDICES TURNOVER Close Previous Feb 20 SYDNEY All Ordinaries Index 1.372.7 1.398.3 -25.6 All Industrials Index 2,1600 2.194 4 -34.4 All Resources Index 7746 792 8 -18.2 Turnover (million) 72.78 102 06 -29 28 BANGKOK SET Index 817 24 ***** -6.41 Turnover (million baht) 5.520 6.300 -780 JAKARTA Composite Index
        95 words

  • WORLD STOCK MARKETS
    • Wall Street investors adopt cautious stance
      • Article, Illustration
        1089 24 US STOCK investors quietly trimmed positions on Tuesday amid signs that the month-old Gulf war may be poised for a turn. As the world waited to hear Iraq's response to a Soviet peace plan, the US forged ahead with preparations for a land battle. (The market was closed
        1,089 words
      • Article, Illustration
        888 24 AFTER sliding early in the morning, UK shares recovered towards midday yesterday, boosted by economic data which confirmed the sharp slowdown of the economy. A second consecutive quarter of negative growth in GDP and a lower annual rate of growth in the money supply increased hopes that the government
        888 words
      • 100 24 THE Stockholm bourse general index on Tuesday pierced the 1,000-level, closing up 1.6 per cent in active trade at 1,003.6, on hopes of a quick end to the Gulf War. It was the first time since October 2, 1990 the general index traded above 1,000, the bourse said. However,
        100 words
      • 263 24 A MILD bout of profit-taking yesterday took the steam out of a five-day rally on the Paris bourse, but share prices held steady as the market awaited the outcome of a Soviet diplomatic initiative on a Gulf peace settlement. The CAC-40 index, which ended at 1,700.93 on Tuesday, fell
        263 words
      • 213 24 TORONTO stocks closed flat in listless trade on Tuesday as investors waited for either a peaceful settlement to the Gulf War or the beginning of the ground battles, dealers said. President Bush's rejection of a Soviet peace proposal kept many players sidelined. The composite index fell 1.6 to 3,530.9,
        213 words
      • 245 24 Reuter SWISS shares drifted lower at midsession yesterday on Wall Street's easier close and renewed pessimism about a peaceful solution to the Gulf war, dealers said. The Frankfurt bourse's poor showing also depressed sentiment, they added. The all-share SPI index eased 10.4 points to 999.6, while the SMI index
        Reuter  -  245 words
      • 172 24 BELGIAN shares eased yesterday on profit-taking after Tuesday's two per cent jump and renewed pessimism about a peaceful solution to the Gulf war. The Brussels forward market index was down about half a per cent in early trading. Of the 47 shares listed at the start, 27 fell, 11
        172 words
      • 195 24 GERMAN shares ended 1.3 per cent lower on the bourse on Tuesday, driven down by profit-taking after three consecutive days of gains. Dealers said concern about the situation in the Gulf had been a key factor behind the lower prices, with markets waiting for an Iraqi reaction to the
        195 words
      • 276 24 DUTCH shares started easier in thin trade yesterday but Royal Dutch bucked the trend ahead of its 1990 results due yesterday. Its shares rose 1.60 guilders to 135.00. Lower bond prices and worries over a possible ground war in the Gulf set the lower trend for the rest of
        276 words
      • 365 24 JOHANNESBURG share prices were steady to slightly firmer yesterday morning, buoyed by continued investor interest in quality stocks which remain in short supply, dealers said. Volumes were generally thin, they said, and noted that trading was cautious as uncertain international markets continued to await Iraq's response to the Soviet
        365 words
      • 114 24 Milan Feb 19 lire Ass Gen ***** unch Bastogi 275.00 -6 Fial 5651 +106 Finsidcr susp Ifi Priv ***** -50 Italccmcnti Ord ***** +55 Italgas 2850 -10 MagnctiMPf 980 70 Mediobanca ***** -150 Miratanza Mondadori Priv susp Montedison 1495 15 Olivetti Ord 3465 -125 Olivetti Priv 2680 +20 Picrrcl 1510
        114 words
      • 89 24 INDICES TURNOVER Feb 19 Close PlOfaMU NEW YORK Dow Jones 2,932.18 2,934.65 -2.47 NYSE Financial 143 49 144.71 -1.22 SAP 500 369 39 369 06 +0.33 Turnover (million) 190 222.37 -32.37 LONDON Financial Times 30 1,839.5 1.838.6 +0.9 FTSE 100 2.312.4 2.318 3 -5.9 Turnover (million) 484 7 506 5
        89 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1246 25 FOREX MARKET REPORTS THE MARK was weaker against the US dollar and other key currencies in Frankfurt yesterday, with markets waiting for fresh news about the Soviet peace initiative on the Gulf war. Dealers said trade was likely to remain quiet
      1,246 words
    • 430 25 Cross rates Fob 20 IISS SS MS I >111 Yen SFr AS N/S USS I 7200 2.6980 ***** 131.40 0.5120 1.2755 1.27.11 ***** SS 0.5814 I 5686 0.8666 0.7640 0 2977 0 7416 0 7402 0 9642 MS 0.3706 63.75 0.5524 0.4870 0.1898 ***** ***** ***** Dm
      430 words
    • 589 25 Interbank rates SS Bid Offer Overnight 4 1/2 4 5/8 1-month 4 7/16 4 9/16 2-month 4 1/2 4 5/8 3-month 4 1/2 4 5/8 Overnight mode: 4-1/2 IJS$ Bid Offer 7 days 6 1/2 6 5/8 1 month 6 1/2 6 5/8 2 months 6 11/16 6
      589 words
    • 305 25 HONGKONG'S ED and F Man Management has launched its first seven-year guaranteed currencies fund, adopting an entirely comput-er-based approach to trading in at least six currencies, the South China Morning Post reported. Anthony Hall, regional manager of Man Management. said this technical approach
      305 words
    • 241 25 FT AN AVALANCHE of new bonds in ECU. the composite currency of the European Community, gathered pace on Tuesday with the launch of a 2.5-billion-ECU (555.9 billion) issue of 20-year bonds by Italy. The issue brings to 7.8 billion ECUs the amount
      FT  -  241 words
    • 1225 25 S1MEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 91 93.23 93.27 93.22 93.23 4000 ***** IHS Jun 91 93.33 93.36 93.32 93.32 8000 ***** ***** Sep 91 93.18 93.21 93.17 93.17 2000 5020 2004 Dec 91 92.85 92.87 92.84 92 84 650 5950 729 Mar
      1,225 words

  • COMMODITY PRICES
    • 764 26 Eleven oilfields to go onstream in next five years CHINA is predicting its offshore oil production will increase to eight million tonnes a year by 1995 with 11 oilfields going into production over the next five years, the South China
      764 words
    • 842 26 REPORT THE TIN PRICE on the Kuala Lumpur Tin Market continued its uptrend yesterday. It gained another 11 sen to M 515.10 per kg on some speculative buying interest after the long Chinese New Year break. It was the first time the price
      842 words
    • 1420 26 Rubber Feb 20 MS (teb in bd«») Sccnis/kg N>mn Close I n| I RSS I'uiiiipl 142-XV14.1. XIN 142XVI4.VXIN Inl I RSS Mar '>1 144.25/144 75 144 25/144.75 Inl I KSS Apr 147 >5/147.75 147.25/147.75 till 2 KSS (>l> I4I.54VI4* 5<»INI 141 XVI43 SON Inl < KSS 411* 1.16.54VIM.SON U6XVI3H.50N
      1,420 words
  • Page 26 Advertisements

  • 1095 27 City Flight ETA Flight ETO I Abu DfcaM GA975 1125 GA887 1225 Adtiakto SQ228 1900 QF888 2330 QF5 2000 Amsterdam SQ23 0740 KL840 2150 GA975 1125 SQ24 2300 KL839 1455 Auckland NZ25 1825 BA11 1225 SQ325 2115 NZ26 2150 Bahrain GF148 0915 BSariBegawan BI421 1105 SQ182
    1,095 words
  • THE TRAVEL PAGE
    • 765 27  -  POSTCARD FROM BEIJING By Nina Simonds THERE is no sign indicating the location of one of the most unusual and exclusive eating places in Beijing, Family Li's Restaurant. Many customers spend hours trying to find it and get lost. But even if one knows
      765 words
    • 148 27 As at 3pm yesterday: Local dollars to one unit of foreign currency C urrcncics Bid OtYcr Australian dollar 1.3490 1.3690 Canadian dollar 1.4750 1.4950 NZ dollar 1.0220 1.0620 Sterling pound 3.3470 3.3770 US dollar 1.7150 1.7300 ImiI dollars to 100 units of foreign currency Austrian schilling 16.10
      148 words
    • 81 27 Duration Title Venue Organiser Td Feb 19-21 Air Traffic Control '91 Holland txpoconsuli (UK) l td (0707)*****5 Feb 27March 4 Photo, Cine and Video Exhibition in Zurich Zurich. Switzerland Zuspa *****5055 Feb 28March 3 International Trade Fair for Blinds and Sun Protection Stuttgart. Germany Stuttgarter Messe Und
      81 words
  • Page 27 Advertisements
    • 42 27 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77 We know Europe from start (o Finnish.
      42 words
    • 123 27 NEWB FLASH -<• d«r-^y, _1 |g® Mc l^ ll vo.yofi> \tf^" 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" List. Freight Rates and a guide to port of calls of major shipping
      123 words
  • Page 27 Miscellaneous
    • 266 27 rejuvenated (10) I j 8 This wrestling style uses ***** 1 _L_J__L_L—l—l—-L—J the whole ]Hf 9 Like a blood pressure reading affected by heart's- 9 J 10 I I 11 Well class 1 I 12 See Henry go back, the greedy individual BH BB H| 13 Items of clothing for
      266 words
    • 204 27 Singapore Outlook: Fair. Forecast Maximum temperature 32.1 Assoc humidity 56% Minimum temperature 23.4* C Assoc humidity 97% Hours of sunshine 10.8 Rainfall in mm Nil Rainfall this month 22.3 Rainy days this month 6 World forecast Asia-Pacific Hi/I>o* Cond. Auckland 24/18 Fair Bangkok 34/23 Fair Beijing 01/-6 Cloudy Brunei 30/25
      204 words
    • 71 27 onummy —Ti u. ■es "KEonPS. \h think 50.... l£.t\s 50E.... GenHe Reader Houu does HRVe L^tNIDGD R SUPeR A7nP»L VPM^iSH...T H LaTesT JOB RS P. R T B£ST SQJ-61?...50m£ P^T,T «rl ,nCr CH££T£R P6*R Y S, N€£OL£Lu>Oß< MslD us ecvSdrop on o kveßVOMes PHONe ►jumee? conversance betcoeen «v-\* 1 1
      71 words

  • 577 28 Yeltsin accused of declaring civil war with appeal Reuter CONSERVATIVES in the Soviet Parliament yesterday accused Russian President Boris Yeltsin of declaring civil war with his appeal to Soviet leader Mikhail Gorbachev to resign. A succession of deputies rose to denounce Mr Yeltsin,
    Reuter  -  577 words
  • 340 28 AFP AN INFLUENTIAL former army general has challenged political parties to initiate changes in Indonesia's leadership, according to press reports in Jakarta yesterday. "The nation needs new blood in 1993 and political parties should have the courage to initiate the change," The
    AFP  -  340 words
  • 381 28  -  By Dexter Lee DESPITE the turbulence caused by the Gulf war in the Middle East, Philippine Airlines (PAL) has decided to mount chartered flights between Manila and Jeddah in Saudi Arabia. The move is in response to a strong demand from Filipinos for
    381 words
  • 271 28  -  From Michelle Rowe in BANGKOK THAILAND aims to cut back growth of its overheated economy to between 7 and 8 per cent this year, and maintain its austerity policy to curb inflationary pressures and close the savings and investment gap. The easing on
    271 words
  • 865 28  -  The Bottom Line LEONARD SILK LEONARD SILK The writer is a columnist with The New York Times, where this comment first appeared GERMANY'S relations with the US were under strain, said Otto Lambsdorff, the chairman of the Free Democratic Party, a partner in the coalition
    865 words
  • 326 28 Reuter EXPECTATIONS that UK interest rates will be cut again soon rose after government data yesterday confirmed the economy officially fell into recession in the final two quarters of last year. Both the sterling money market and the futures market were
    Reuter  -  326 words
  • Page 28 Advertisements
    • 158 28 Nikon The World's Finest Photographic Systems Dauphin Sitzkultur Your rackbone is where you feel YOUR COMPANY'S ATTITUDES. Dauphin, one of West Germany s leading office chair manufacturers, has intensively studied the special requirements and activities in widely varied fields of work The result SyncroLine, a programme featuring chairs developed on
      158 words
    • 3 28 Analysis, Pg 13
      3 words
    • 106 28 Nikon The World's Finest Photographic Systems Dive Adventure —MICRONESIA Slay on board your floating hotel the S.S. THORFINN 170' crusie ship 7 DAYS for US$l54O 00 PRICE INCLUDES: All meals (plus wine with dinners) UNLIMITED OIVING at wrecks plus Night Dives We provide TANKS WEIGHTS DIVE PERMITS 4 'Experienced Guides
      106 words

  • Shipping Times
    • 449 29  -  By Rahita Elias SEMBAWANG's fast-ex-panding aviation arm has broadened its range ot services with the setting up ot its own hangar at Seletar Airport. Sembawang Aviation's facility, covering an area of 1,366 sq m, will be the operating base for its new package of
      449 words
    • 337 29 BANGKOK LAND Co. the developer of Muang Thong Thani. has entered into a joint venture with France's Bougyues Group to invest 40,000 million baht in expressway and mass transit system projects in Bangkok and its outer suburbs, according to the Bangkok Post. The
      337 words
    • 320 29 AFP JAPANESE AIRLINE All Nippon Airways (ANA) experts a net profit of nearly 20 billion yen (US$l54 million) for the fiscal year ending March 1991. despite the Gulf War. The result compares with a 15 billion yen (about 115 million dollar) profit the
      AFP  -  320 words
    • 203 29 THE GULF Reuter FOREIGN ship orders received by Japanese yards in January hit their lowest level in tonnage so far in the fiscal year ending on March 31, 1991, due to the outbreak of the Gulf War, the Japan Ship Exporters' Association (JSEA)
      Reuter  -  203 words
    • 375 29 IT ESSAR. a Bombay-based shipping and sponge iron conglomerate, is proposing to invest over 15 billion rupees (S$ 1.2 billion) in a one million tonne a year integrated steel plant at Vijaynagar, in partnership with the Karnataka state government The Indian steel industry was nationalised
      IT  -  375 words
    • 432 29  -  From Al 0 Labita Jr In MANILA MANILA-BASED international shipowners have expressed concern over the recent decision of the Lon-don-based International Transportworkers Federation (ITF) to increase the wage scale of Filipino seafarers on board Japanese vessels. "Drastically changing the salary rates of the
      432 words
    • 184 29 Bernama HUNGARY may become the first East European country to establish an air link with Malaysia. Deputy Transport Minister Datin Paduka Zalcha Ismail said both countries had agreed to hold discussions on an air services agreement. She said Malaysia already had air service agreements
      Bernama  -  184 words
    • NEWS SUMMARY
      • 51 29 LOW insurance rates and giant catastrophes have made seas choppy for Lloyd's of London, the world's largest insurance market. It is counting on David Coleridge, a direct descendant of poet Samuel Taylor Coleridge, who became chairman on Jan I. to steer it through the swells Page
        51 words
      • 44 29 AIRBUS Industrie expects global orders for commercial jet aircraft to fall from over 1.000 during each of the last three years to an annual total in the range of 100 to 200 from 1993 through 1995 Back Page
        44 words
      • 28 29 AIRCRAFT leasing firms, caught between an airline cash crunch and a financier-im-posed credit squeeze, face increased turbulence, analysts say Back Page
        28 words
      • 53 29 Pratt Whitney to slash 1,000 jobs UNITED Technologies Corp said on Tuesday that it would eliminate between 1.000 and 1.500 jobs from its Pratt Whitney division in the first half of this year. The division, which makes military and commercial jet engines, cited continuing deterioration of the market for aircraft
        53 words
    • LOG BOOK
      • 84 30 THE LIBERIAN-rcgistered roro cargo vessel Conn Hammonia struck a pier on Feb 17 while berthing in Leghorn, Italy, sustaining damage to shell plating, Lloyds Shipping Intelligence said in London on Monday. Some lubricating oil leaked into the sea from a fracture in
        84 words
      • 88 30 SCANDINAVIAN AIRLINES System's airline division plans to lay off 250 of its 8,000 staff in Denmark and is discussing conditions with union representatives, an SAS spokesman said in Copenhagen on Monday. The cuts, mainly among administrative staff, are the first ot 1,100 jobs SAS intends
        88 words
      • 113 30 THE IMPACT of the Gulf War on European car sales is only of a temporary nature and sales are set to rise rapidly in 1992 after a mild slump in 1991, independent market forecaster DRI McGraw/Hill said. Sanjay Dabysing. leader of DRl's motor industry
        113 words
      • 75 30 INDIA'S domestic airline will resume its Dhaka flights later this week after a month-long suspension in the wake of the outbreak of war in the Gulf, an airline official said on Monday. Indian Airlines will resume the flights on Saturday, with initially two flights a week
        75 words
      • 78 30 PAKISTAN International Airlines (PIA) has lost about 400 million rupees (US$lB.lB million) in revenue since the outbreak of the Gulf War. A PIA source said last Friday that PIA faced a daily loss of 10 million rupees as a result of the cancellation of international and
        78 words
      • 85 30 AIR FRANCE President Bernard Attali presented the airline's board on Monday with a set of cost-cutting measures designed to deal with the drop in business caused by the Gulf conflict. The steps included a 6 per cent drop in working hours, and a corresponding 6
        85 words
    • 1015 30  -  The biggest insurance market in the world will report a loss for 1989, its first in 24 years. Cotten Timberlake speaks to the man Lloyd's hopes will turn the company around Cotten Timberlake AP LOW insurance rates and giant catastrophes have made seas choppy for Lloyd's
      AP  -  1,015 words
    • 833 30 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 arc based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      833 words
    • 11812 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,812 words
    • 3307 43 ontainer line NY: Bclsin Shpg Agencies Pte Ltd (Sy Vlarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr 1 ine (PK/PN) Adkris Business C orporation Philippine: Calsource Shpg Frdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg
      3,307 words
    • 251 43 Abacus Couriers Tel: 545-8011. Fax: *****98. Air H\press I ravel Tel: 533-5771. Fa*: *****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
      251 words
    • 1481 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel. 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,481 words
    • 2781 44 ARGENTINA San liirrn/o: I by-products, I chemicals. I discharging chemicals; 3 vessels in roads awaiting orders to load by-products. Rosario: Two vessels in port loading by-products; 2 vessels berthed in ballast awaiting orders Villa C onstitution: Two vessels operating of which I loading grain. 1 discharging iron ore.
      2,781 words
    • 453 44 ARRIVALS DEPARTURES Op FU«H Type ETA T From Op Flight Type EH> '<> TODAY TODAY KAL KE697 B747F 0220 I SEL KAL KE697 B747F <M50 I NCA KZ203 B747F 2005 I NRT SIA SQ/ B747F 0540 2 BOM/LON KAL KE685 A30F 2345 I SEL/MNL BA822 TOMORROW TOMORROW
      453 words
    • 459 44 SHIP SALES TANKER RATES VESSELS SOLD FOR FURTHER TRADING Tankers FIVE tankers are rumoured to have been sold to unnamed interests for US$3 1 million to US$4O million en-bloc. They are the Apsheron, Makhachkala, Maykop, Gudermes and Groznyy, each of around 32,039 dwt and built between 1975 and 1977. I
      459 words
    • 353 44 CRUISE FERRY SCHEDULES CRUISE SHIPS AfT Pep Name of Vemel ETA ETP Ports of Calls Port Agent FEBRUARY 18 21 Andaman Princess 0900 1700 Cniise-To-Nowhere Lines Int Holding 20 20 Com Princess 1000 1800 Sin-Jakarta Sembawang Johnson 20 20 Vignesswara 1000 2000 Cruise-To-Nowhere Greenseas Shipping 21 21 Vignesswara 1700 2100
      353 words
    • SHIPS IN PORT
      • 536 45 VtSMi Voy No Berth Armal Dqurture Keppel Wharves Andaman Pees 02/91 (P) K36 alongside 2 1 02/1700 Beilu 91/1 K32 alongside 2302 0600 Kola Beflian 4 91 K31 alongside 2102 0600 Trans friend 50 K34 alongside 2302/1830 Xwheng 9102 R33 alongside 2202 0600 Bayswater 118 ****** K30
        536 words
      • 1315 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookin{/Balance Rsis Ship Voy No Etb/Btr Period From To From ACX Daisy 9 21/1500 1 20/1500 20/1659 20/1900 Ad Goncharo* 10SI91 23/0900 2 20/1/00 21/0659 21/0900 4 21/1200 21/1159 21/1/00 Ma Bhum 466N 21/2359 1 20/1500 20/1659 20/1900 2
        1,315 words
      • 311 45 Port Klang Berth at South Port on Feb 20: 1 Botany Trouboudour; 2 Hoegh Cairn, Isokaze; 3: nil; 4 ml; 5 ml; 6 Hong Soon II; 1 ml; 7A: Jenwin: J Shell: ml KCT: 8: ml; 9: ml; 10: City ot Edinburgh North Port: 11: ml; 12
        311 words
      • 828 45 THE DRY cargo freight market on Tuesday was firm and active with strong demand for vessels on the Far East charter route, dealers said. The Baltic Freight Index (BFI) leapt 24 points to 1,637, largely because of a jump in rates on the Pacific Round time-charter route to
        828 words
    • 457 46 Reuter AIRBUS Industrie expects global orders for commercial jet aircraft to fall from over 1,000 during each of the last three years to an annual total in the range of 100 to 200 from 1993 through 1995. Airbus planning director Adam Brown, who presented
      Reuter  -  457 words
    • 386 46 Reuter AIRCRAFT leasing firms, caught between an airline cash crunch and a financierimposed credit squeeze, face increased turbulence, analysts say. "There is a worldwide problem with banks on financing new capital equipment to airlines, and the carriers themselves don't have much money," said
      Reuter  -  386 words
    • 389 46 Pratt Whitney to slash at least 1,000 jobs NYT UNITED Technologies Corp said on Tuesday that it would eliminate between 1.000 and 1.500 jobs from its Pratt Whitney division in the first half of this year. The division, which makes military and commercial jet engines, cited continuing deterioration of the
      NYT  -  389 words
  • Page 29 Advertisements
    • 538 29 BSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, S"PORE 2263 FAX: 861 -2946 TEL: 861 -5855 (5 LINES) TLX: RS ***** SHMCPL Sole Agent CIFA HSIiS C-> sell rental repair Air Forwarders 15 Air Freqjht Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise
      538 words

  • Page 30 Advertisements
    • 265 30 NOTICES FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE Notice to Shippers Extra Risk Surcharges Further to the announcement on 18 January 1991 the member Lines have reviewed the position for Gulf/Red Sea area and the Extra Risk Surcharges have been reduced as follows with effect from 20 February
      265 words

  • Page 31 Advertisements
    • 2333 31 *m»rn JARDINE SHIPPING AGENCIES MO Cantonment Road #12 OS Southpnint. Singapore OAS AllVlr .'-'ison telex no rs 24m ■vAYrrmn terminal tei *****18 220 rßMfifll BOOKINGS Tel *****34 258 L XFFFM A 'ESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KEIANG TEL *****18 TELEX NO MA***** MA***** ■■MB PENANG TEL *****4 TELEX
      2,333 words
    • 951 31 INDEX TMjVERIISERS Page Col Page Col [A 1 M 1 ABC.' C'ontainerline 13 5 Mac-Ncis Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 3 Maersk Line 3 4/5 APL 5 3-5 «MISC 14 1-3 APC Line 13 4 M'sia Shpg Corp 9 1/2 Arrow Lines
      951 words
    • 2662 31 ■QGHSsausa NEXT SHIPMENT TO HONGKONG AND JAPAN MATHILOE MAERSK V. 0104 ETA 28/2/91 Vessel Voy ETA I ETD 'Port 'Penang 7 DESTINATIONS Singapore Ketang Th« MM'W 9i04 FeMei by X> 2 OSOC MRS W Farco ■■■■MM BHi MHI H CFS W2 23S9MBS M Tau'O OAK |LGB HOU MEM ArL MIA
      2,662 words

  • Page 32 Advertisements
    • 1328 32 □BB |rottedam/{ VOY NO SPORfc SOUTHAMPTON HAMBURG ANTWERP LE HAVRE: fiBBBB] KOWLOON BAY 99'519 22/2 13/3 17/3 12/3 12/3 M£££ll3 THAMES 04 521 24/2 13/3 16/3 18/3 19/3 OSAKA BAY 98,522 28/2 19/3 23/3 18/3 L miJBTWUNOf CITY OF FDINBURGH 94/524 3/3 21/3 25/3 22/3 WUAMG *Pf«AJC WWW HONGKONG EXPRESS
      1,328 words
    • 590 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISI.A H OKKANA 22-2K/2 11/3 13/3 19/1 ALSO ACCEPTING CARCO VIA SUVA TO LAUTOKA. PAGO PAGO APIA t NUKUAIOAF A DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO ISLA FLOREANA 1/4 3/4 6/4 7/4 8/4 Callao or Santiago »ia
      590 words
    • 1443 32 gSrl mxmm ■MB REGULAR INDEPENDENT FULL CONTAINER SERVICE WE§TB6UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9051 3 27/02 17/03 18/03 22/03 23/03 24/03 25/03 26/03 27/03 JAPAN SEA 052W 07/03 29/03 30/03 03/03 04/04 05/04 06/04
      1,443 words

  • Page 33 Advertisements
    • 2038 33 Maritime Holdings Ltd W-/ P&O flfiw STRAITS SHIPPING HML j Singapore to Bihml, East Malaysia, Containers Imj Voy No PKling Spoi' S'Ton Hbuig B>l¥*i R"Uni nOWLOON BAY 99,519 TOt 1602 2202 1903 1403 1703 1403 ACCEPTS DUE SAIIS THAMES 04 VI C1T1902 23<8 1203 1103 1603 1103 CARGO OSAKA SAY
      2,038 words
    • 1925 33 Ep^HThmTT^ TO- U S A /PANAMA FM; UrSA,/PANAMA «<•«.»«. "*5»'M M jfj »f »J Si Sf ll XII m kj v, s a s js *> ATLANTIC SENATOR IfllJ »I 2*4 1M IM U/i GERMAN H» TQ: EMRQPE FM: EUROPE CD RIM ftMW m ANR lIM lonoon senator »r wr
      1,925 words
    • 375 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION TANJUNG COSMIC TRADER EMAS CHALLENGER VOY NO IS 14 i Spore SLO 25,2 8,3 P Kelang SID 6,3 Perung Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Hochiminh NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN CHINESE PORTS. SUBJECT
      375 words

  • Page 34 Advertisements
    • 738 34 m CR NBR **********0-D EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE VSIWY S PORE ROAM ADAM H BURG BREMEN ANTWERP TRIAS UNITY 002WB 8,3 9-4 154 19/4 22/4 SRIWIJAYA3IWB »(3 SiS 12 5 16(5 20(5 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subfact lo Inducement Also accepting cargo to Casablanca. Port Said.
      738 words
    • 792 34 i£| HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S pore LEH RTM ANR HAM BRV FEL CHOYANG VICTORY 0021 252 H POHANG 107E 25 3 27,3 HANJIN CHUNGMU 077W 24? 14 J 15) lb S lb 1 13 3 19 3 HANJIN SEAT TLE 01/E 4 3 H
      792 words
    • 122 34 I POL (M) SDN BHEN 35. Ist tlr Jalan Cungah Port Kelangj T«l: 3M92M. 3MM7O W Mal«y»l«'S ppf« lo E M»I»y»I« Servlc* Pef» Pfctß PC S'aiK* KH Sdh T«nj L Datu PK.t.c Swnudri V«I 5-7.1 111 3 13 Ul- tt-tlil 71li 1 Cheung M.ng Vfll 21 2X2 1-3,1 S-M Sjtunj
      122 words
    • 1345 34 ji 1 i M [PKL SGP MUG KSG KLC PUS HKT OSM NCT SMI TYO LAX CHS BAL NYC LHV AN* ROM THP HBC PSD CUB PKL SGP t LOADING HI OU 22 2 27/2 2*2 Iff ill 1/3 S 3 161 2t 3 30 3 31/3 5,4 10(4 11/4
      1,345 words

  • Page 35 Advertisements
    • 1662 35 Neptune AGENC ES pje LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: r UK/EUROPE SERVICE- *****19 USA SERVICE- *****16 AUST/INOtA/PAK SERVICE *****18 FAR EAST SERVICE *****48"» R TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS:K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 S™26I4O3^KeU(CO) A *****87, Penang(o4) *****0, J.Bahru-(07) *****3, *****4 w <*»■
      1,662 words
    • 939 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4) *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) .___2 DISCHARGING fftOM EASTBOUHD UOADINC fOB WESTBOUHO mats »OY«Gt vow |w»«i la w«oiic~ votom spo*r phlawg nbukc hawn tihuwy
      939 words

  • Page 36 Advertisements
    • 1809 36 I LINE KAWASAKI RISKN KAISHA. LID I EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WBSX— /TeedEß VESSEL VOY "INOO 'PR °NG SGP Mi VESSEL VOY IB OAK CMI NYC VO,MOiJS OA,< 3"* """"e# DCf T W (Jueens *a» bridce .4 x; 2:2 212 wcmu bridge m m .u
      1,809 words
    • 1126 36 vjrt PMU-OMNT UN€5 PTC LTD I 106 ROBINSON ROAO #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/2251 800 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MIiMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION *hBt 24 FEB MONTREAL, Ottawa, toronto, VANCOUVER, S'WESTERN
      1,126 words

  • Page 37 Advertisements
    • 1504 37 PACIFIC INTERNATIONAL LINES (PTE) LTD J Mflhi P,L Building. 140 Cecil Street <KXHX). Singapore 0106. I JAKARTA I I BANGKOK I EDEN tL 9108 N 2 282 PEGASUS PROGRESS bsU 2212 2112 1/3 itnf l\cl 37 3 1 3 4/3 SE GLORY 910/ 24/2 27/2 4/3 EDCN 9109 S3 7/3
      1,504 words
    • 1278 37 BEN LINE CONTAINERS LTD N I 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG]" BHAVEN R DAM LHAVRE Kowtoon Bay* 99/519 22/2 13/3 17/3 12/3 VIA RD Thames f 04/521 23/2 12/3 15/3
      1,278 words
    • 372 37 MYANMA pßk nVE STAR UNE V (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg PAGAN VI67W In Pt PATHEIN VIO9W In Pt SW LOIKAW VI69W 22 25 Feb HPA AN VI6OW 2678 Feb THE BANK UNI (A service of Andrew Weir Shipping) \T SEMI CONTAINER
      372 words



  • Page 40 Advertisements
    • 915 40 INh Sj||^B\ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV ROM ANT HBG lONDON SEN *fl« 22/2 22 3 20 3 19 3 23/3 SOHLAND WMIO7 22,2 21,3 22/1 TMUERINCEN NMIfM 1,3 »3 2»3 313 2/ 3 JAPAN SEN Wflll i i 1/4 1/4 3,4
      915 words
    • 1089 40 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 24/2 ft 2/3 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRUR6 MANCHESTER LE HARVE ANO ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 1/03 8/03 MANILA 23/02 4 2/03 PENANG I'o3 8/03 BUSAN 1/03 8/03 BANGKOK 25/02 ?9'o? TOKYO 28/02 4 7/03 HONG KONG 29/02
      1,089 words
    • 320 40 fpJH CONTAINER LINE] i TEL. *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 212 1 111 TOKYO 21/2 I 2*12 TORT KELANG 22/2 I 1/3 KOBE 24 2 t 3/3 PENANC 22/2 t 1/1 NAGOYA 24/2 t 3/3 MANILA 23/2 t »3 YOKOHAMA 24/2 t 3/3 BUSAN nI
      320 words
    • 1156 40 te t i£ CHINA OCEAN SHIPPING COMPANY FULL CONTAINER I.INKR SKRVICK flll T, i JUTovmp 2, MISTRI ROAD. HMC BUILDING #15 00. SINGAPORE 020? f CR NO **********0 M C ll 1 1 General Agents: COSTAR SHIPPING PTE LTD TO EUROPE m*OH t VESSEL VOY SCP ROT HAM TLX ANT
      1,156 words

  • Page 41 Advertisements
    • 851 41 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA All IPI IKstns 25/2. 1/3 EUROPE all Ports 23/2, 2/3 BANGKOK 23/2, 26/2 HONGKONG/CHINA 25/2, 2/3 SYD, MEL, ADEL, BRIS 23/2, 28/2 FREMANTLE 27/2, 5/3 MANILA 1/3, 8/3 PKLG/PENANG 24/2, 3/3 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
      851 words
    • 314 41 RICHFIELD MARINE AGENCIES |S) PTE itft Sk TEL: *****33 (12 Lines) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) [rC\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY EIA I LOADING FOfl SPORE NETSANET 30/09 (JARESSAI AAM MOMBASA DJIBOUTI ASSAD MASSAWA ANDINET «*3WB IVO4 DARESSAI
      314 words
    • 809 41 MASKAPAI PKLAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL
      809 words
    • 806 41 SYDNEY/MELBOURNE MMROi wt m »—i w t K W i PLANHA 0246 »«t I I) IVI l> m «M'l M W PIYA HUM MB IVMrt »»1 SI W planeta mm »nn u-m i» I*4 e«u» m 4 P.KELANG/PENANG/KUANTAN WHIM M w 4 4 VSL VOY SPORE PHI PEN KTN XMIM
      806 words

  • Page 42 Advertisements
    • 1205 42 a a a MAC-NELS SINGAPORE 1 eipoht TEL.- *****22 IMPORT TEL *****02 ■LfIUH PENANG TEL (04) *****6 «K TEL (088) *****0 TAWAU TEL (089) 7/86/9 I-«* I P KELANG TEL (03) *****/7 KUCHING lEL (082) *****3 SKAN TEL (089******2 l-|\-/ J J BAHHU TEL (0/) *****2 SIBU TEL (084) *****2
      1,205 words
    • 390 42 ffEfc blue star line SINGAPORE TO J NEW ZEALAND AND T/S FIJI j FULLY CONTAINKKISKI) MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMKRS ACCKPTING FCL LCI- FOR AUCKLAND. NAPIKR, WELLINGTON, BLUFF. CHRISTCHURCH. IHJNRDIN, LYTTKLTON. INVKRCAR(iIL. FIJI AND TAHITI SIN N PtV AUCK ITT MAHSURI PWO In Port OS Mar Via
      390 words
    • 1113 42 /3£l THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINEST SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vessel ~|m [eta [oest vessel JTit eta Tbeit KIM SOON LI 6/91E 21 FEB
      1,113 words



  • Page 45 Miscellaneous
    • 462 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) MOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 i; 23 28 29 27 24 18 1 3 09 07 06 07 1 1 16 21
      462 words

  • Page 46 Advertisements
    • 393 46 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 22/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 6/3 DUMAI/PEKAN BARU ABADI JAYA 5/3 DUMAI/PEKAN BARU KUALA SIAK V 28/2 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo
      393 words
    • 662 46 ikHYUNDAI MERCHANT MARUE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN LALANOIA 38E 23JT 28/2 18/3 21/3 24/3 23/3 LALANOIA 37W 24/1 26/1 29/1 14/2 23/2 CGM PASCAL 02E 2/3 7/3 »/3 28/3
      662 words
    • 622 46 CHARTPOINT Every Saturday in Business Times f-d* f'om f*oJ PNClnu Moth*' Vwwi Ivor SIN lAX |OA* [WW |OAL |CMI, iNOft [MEM |NTC OUR USA I Mjfctyv* COt aha bmum v«4N aJF AincATow hopi v rum I%T TST HT HjT WT HIT 2*3 mT ujT SERVICE CALLS I AKA MUM V
      622 words