The Business Times, 3 January 1991
1991-01-03
1
42
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The Business Times
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Title Section10 1991-01-03 1 Business Times MCI (P) 16/12/90 Thursday January 3 1991 75*10 words
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NEWS SUMMARY
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73 1991-01-03 1 MOST Japanese businessmen answering a new poll predict Japan's current stretch of economic expansion, now 49 months old, ending sometime in 1991. Kyodo News Service reported yesterday that in its survey of the chief executive officers of 100 major companies, 71 per cent73 words
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Article23 1991-01-03 1 POLICE are checking the banking accounts of Mrs Tammie Loke and her late lawyer husband, Loke Yoon Kee Page 223 words
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Article33 1991-01-03 1 BLUE-COLLAR and clerical workers can expect a total wage rise of 8.5 per cent this year, one-point lower than the projected increment for executives, according to a compensation survey Page 233 words
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Article37 1991-01-03 1 HONGKONG'S economy is undergoing a period of consolidation with growth forecast at between 3 and 4 per cent, and inflation is expected to move back below the 10 per cent mark this year Page 737 words
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Article43 1991-01-03 1 US PRESIDENT George Bush has used the R-word "recession" for the first time to describe some areas of the US economy, but says he will veto any big new quick-fix spending plans from Congress to curb it Page 943 words
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Article41 1991-01-03 1 EMERGING DETAILS on the recent ouster of the head of Soviet forces in Germany highlight Moscow's new resolve in dealing with mushrooming desertions, wholesale looting and the growing number of violent incidents involving the German population Page 941 words
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Article23 1991-01-03 1 AS US advertisers slash their budgets, ad agencies are seeing the biggest downturn since the early 1970s Page 1223 words
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Article27 1991-01-03 1 1991 will see many bare shoulders on the beaches, at grand parties, at lunches at nice restaurants, at private dinners and in theatres. Page 1527 words
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Article41 1991-01-03 1 IN LINE with its aim to expand its coverage of Asian cargo markets, German carrier Lufthansa plans to introduce yet another 8747 freighter on its Singapore-Frankfurt route in the third quarter of the year. Shipping Times Page 141 words
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MARKETS SUMMARY
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Article43 1991-01-03 1 SHARE PRICES began the new year lower on Wall Street yesterday with the Dow Jones index of leading industrials slipping 6.93 points to 2,626.73 in the first five minutes of trading. On Monday, the Dow closed 4.45 points higher at 2,633.66.43 words
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Article50 1991-01-03 1 LONDON share prices were lower at midday yesterday as fears of war in the Middle East and dashed hopes of a cut in interest rates gripped the market. At about 1200 GMT, the Financial Times-Stock Exchange 100-Share Index was down 15 points, or 0.7 per cent, at 2,128.5.50 words
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Article32 1991-01-03 1 IHD HOLDINGS, the Hong-kong-based group which saved Singapore's Emporium Holdings from going under in 1987, is planning public flotations of two of its subsidiaries in the Republic Page 332 words
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Article32 1991-01-03 1 LONG-SUSPENDED Leong Huat Industries has released its annual report for the year ended Dec 31, 1989, along with a lengthy auditors' report highlighting discrepancies in its banking records Page 332 words
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Article35 1991-01-03 1 DBS Asset Management will team up with a key US investment specialist as part of. an overall plan to form strategic alliances in the major financial capitals of the world. Page 635 words
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Article18 1991-01-03 1 Exchange rates USS SSI.7500 Yen SSI.2887 MS SS0.6458 Money market rates Overnight 3-3/4 -1/4 3-month 4-1/4 -1/218 words
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Article37 1991-01-03 1 London Gold AM fix US$392.50 US$7.10 Rubber S'pore Jan 153.50*/kg -0.25 M'sia Jan 239.50*/kg unch KL Tin Turnover 64 tonnes +19 Spot M$ 14.86 /kg -0.14 Crude palm oil Turnover 1,757 lots +489 Jan M$901/tonne +1537 words
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Article, Illustration26 1991-01-03 1 Wednesday Change BT-MGA 575.88 -4.30 Kuala Lumpur ....501.23 -4.69 Hongkong 3,031.3 +6.79 Svdney 1,285.1 +7.1 Monday Change New York 2,633.66 +4.45 London 2,143.5 -16.926 words
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Article, Illustration439 1991-01-03 1 Harish Mehta - Japanese form largest group, followed by the French and the Thais By Harish Mehta VIETNAM Tourism Year 1990 closed with Singaporeans appearing to be the fourth-largest group of business travellers to the country. However, not many tourists from Singapore travel to Vietnam.439 words
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289 1991-01-03 1 VIETNAM will take delivery of two European-made passenger aircraft between 1992 and 1993 as part of an ambitious plan to buy Western aircraft. The United States, however, currently outlaws business with Vietnam under an economic embargo, effectively blocking US companies from selling aircraft to that289 words
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Article, Illustration534 1991-01-03 1 The Gulf Crisis Agencies US PRESIDENT George Bush said he hoped any fighting to drive Iraq out of Kuwait would be over in a few days but declared :"No price is too heavy to pay." In an interview which was delayed-broadcastAgencies - 534 words
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472 1991-01-03 1 Conrad Raj - By Conrad Raj UNITED Industrial Corporation, which has been hogging the limelight, has invited Japanese retailer Isetan to jointly develop a $130 million hotel and golfing complex in the Thai resort province of Phuket. The hotel will be the UIC group's third472 words
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163 1991-01-03 1 THE Gulf crisis has boosted trading on Simex but it came too late to offset the sharp declines earlier in the year. So for the year 1990, turnover on the Singapore International Monetary Exchange was down 8.8 per cent, though the second half163 words
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Page 1 Advertisements
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Advertisement274 1991-01-03 1 Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone. 235 1333 Kuala Lumper Phone. 75? 0233 PtMRf: Phone. 615 965/619 014 Jakarta: Phone 374 065/380 1472 Adverting Marketing 12 Money CJiangef Rates 23 World New 8,9 Aircraft Schedule 23 Money Market 22 Commodities 22 Regional News 7274 words
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Advertisement10 1991-01-03 1 Iran plans war games along Iraqi border, Pg 8 i10 words
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Advertisement102 1991-01-03 1 j J Excksiv 7065 C >^^r^j v\ i *jHn i y w. Sole Agent: Marie* Marketing Pte Ltd Tel: 734 9696 Fax: 737 6892 Boutiques: entrepo»nt »01 •30 Tel 737 4 >09 Forum Galleria #01 -46 Tel: 732 8961 Open Daily from 10.00 am to 8 00pm C orners: Metro102 words
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HOME NEWS
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NEWS ROUNDUP
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142 1991-01-03 2 THE Singapore Broadcasting Corporation has introduced a golden handshake scheme following a collective agreement with the SBC Staff Union, according to the latest issue of NTUC News. The scheme enables staff whose contributions are in areas outside the requirements of the corporation or are not142 words
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Article15 1991-01-03 2 PARLIAMENT will sit today, said the Ministry of Information and the Arts.15 words
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Article115 1991-01-03 2 THE Institute of Labour Studies, set up by the NTUC, is working with other tertiary institutions to get them to accept the institute's industrial relations diploma for admission to universities. The secretary-general of NTUC, Ong Teng Cheong, said in an interview with NTUC News that the diploma115 words
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Article46 1991-01-03 2 THE police have said that organisations wishing to conduct promotional activities should not be a public nuisance or cause traffic congestion. They issued the reminder after Shell's offer of free petrol on Jan 1 caused traffic congestion and obstruction at many places.46 words
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Article329 1991-01-03 2 Alvin Tay - By Alvin Tay THE Monetary Authority of Singapore (MAS) yesterday gave local exporters a fillip by announcing a three-quarter point cut in its export and pre-export bills to 5.5 per cent. The new rate, which takes effect from today, comes on the heels of329 words
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393 1991-01-03 2 Anna Teo - By Anna Teo CfeSPITE a sluggish economic outlook, blue collar and clerical wages are expected to increase by a total of 8.5 per cent this year less than one percentage point lower than last year's salary rise. According to Hay Management Consultants' compensation393 words
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Article, Illustration299 1991-01-03 2 THE POLICE have asked banks in Singapore to furnish them with information relating to the banking accounts of Mrs Tammie Loke and her late husband, Loke Yoon Kee. The Association of Banks in Singapore has told its members in a299 words
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Article, Illustration279 1991-01-03 2 Selva Kumar - By Selva Kumar FAR EAST Levingston Shipbuilding (FELS) yesterday launched a third harsh environment jack-up drilling rig built for Santa Fe. Called Galaxy I, the jackup rig was designed by Friede and Goldman of New Orleans in conjunction with the United States"279 words
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Page 2 Advertisements
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Advertisement134 1991-01-03 2 Bottom Line, Back Page mmJ M M J^ 1 j^ HiHEsH ■H Hlk 3 S.. JH It Only Takes Minutes To Appreciate The moment y ou uke y° ur seat aboard Korean Air vou discover a unique world of The Service We ve Perfected Over 5000 Years. dedication and traditions134 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration506 1991-01-03 3 Catherine Ong - Listing hopes for Emporium Holdings, Chao Phaya From Catherine Ong in HONGKONG IHD HOLDINGS, the Hong-kong-based group which saved Singapore's Emporium Holdings from going under in 1987, is planning public flotations of two of its subsidiaries in the Republic. Chairman and chief executive506 words
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293 1991-01-03 3 MBT THE FABER group (formerly Faber Merlin Malaysia) received M 5222 million from Fleet Holdings on Dec 31, 1990, following a special issue of 222 million new M$ 1 shares to its largest shareholder. From the proceeds, Faber fulfilled its commitment to all theMBT - 293 words
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391 1991-01-03 3 John Tan - By John Tan LONG-SUSPENDED Leong Huat Industries yesterday released its annual report for the year ended Dec 31,1989, along with a lengthy auditors' report highlighting discrepancies in the company's banking records. The auditors' report also disclosed that the company had ceased to be a391 words
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597 1991-01-03 3 Ranjit Gill - THE HOCK LOCK SIEW COLUMN By Ranjit Gill DATUK. Robert Chan arrived for the black-tie New Year's eve dinner more than an hour late, having dashed down from Penang after a memorable extraordinary general meeting at Palmco Holdings Bhd. Within minutes597 words
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COMPANY BRIEFS
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142 1991-01-03 3 SINGAPORE AEROSPACE (SA) has introduced its SA Share Ownership Scheme (SSS) for the purchase of existing shares in the company as an incentive to full-time employees of the SA group. The scheme took effect on Tuesday. Members, participation is voluntary, will contribute monthly142 words
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Article67 1991-01-03 3 THE Hour Glass has announced that the warrant subscrip- tion price under its rights issue of $19.2 million 5 per ant unsecured notes has been fixed at 95 cents per share. This represents a 5 per cent discount from the average of the last traded67 words
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Article86 1991-01-03 3 AMBASSADOR Holdings has sold its entire shareholdings of two million $1 shares in its wholly-owned subsidiary Ambas- sador Oil Sdn Bhd (AOSB) to Messrs Noor Rashid bin Othman and Nurul Khodar bin Zuddus for a cash consideration of M 522,000 on a willing buyer and willing86 words
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Article30 1991-01-03 3 GENERAL Securities Investments announced yesterday that the unaudited consolidated net tangible asset backing per share in the company was $2.14 as at Nov 30, 1990.30 words
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Article33 1991-01-03 3 MR LIM KOK GIN, chairman of Sea View Hotel, has acquired 50,000 shares of $1 each of the company on Dec 26, 1990 for a consideration of $190,415.62.33 words
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Article72 1991-01-03 3 MALAYSIA'S largest unit trust, the National Unit Trust (ASN), started trading at MSI.OB a share, representing an 8-cent premium, ASN officials said. In a related development, the Malaysian government intends to prosecute bumiputras who sell their names to non-bumiputras to buy Amanah Saham Nasional72 words
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197 1991-01-03 3 Harish Mehta - By Harish Mehta METAL Containers subsidiary Ace Plastic Technology Pte Ltd will acquire shares in two Thai companies, representing a 12 per cent stake in each of them. The deal centres around the acquisition of 12,000 shares in Sintraco Co Ltd197 words
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365 1991-01-03 3 Bernama THE LAST day of 1990 may have been the deadline for Malaysian stockbroking firms to comply with the minimum paid-up capital requirements but it was business as usual on the first day of trading in 1991 yesterday. StockbrokingBernama - 365 words
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Page 3 Advertisements
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Advertisement170 1991-01-03 3 a When your business is raptdty moving up, you need the HHHBttL# 0 o 9 range of Tandy pa from the USA to help you keep up R"y r <$>'* J flhsSr ffipoces A •<-> Q M Regarded as one of the poneefs in PC technology and W Qrv JEI170 words
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REGIONAL COMPANY NEWS
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Article, Illustration294 1991-01-03 4 Consortium to take over management Reuter CASINO tycoon Stanley Ho has agreed to buy out a majority stake in the financially troubled Macau Jockey Club (MJC), press reports in the Portuguese-run territoiy and nearby Hongkong said on Tuesday. Hongkong newspapers said a consortiumReuter - 294 words
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250 1991-01-03 4 AFP INDONESIA'S state-owned PT Tam bang Timah, one of the world's largest tin mining companies, suffered an estimated four billion rupiah (US$2.l6 million) loss for 1990, the Antara news agency reported yesterday. Antara quoted Timah president director KuntoroAFP - 250 words
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485 1991-01-03 4 UPI FAR LESS VISIBLE than Matsushita Electric Industrial Co's blockbuster deal to buy MCA Inc, nearly 200 other US corporate takeovers were put together by a growing roster of Japanese companies in 1990. Medium-sized Japanese buyers with a desire for globalUPI - 485 words
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COMPANY BRIEFS
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93 1991-01-03 4 THE Corporate Law Authority has given state-run Pakistan State Oils (PSO), Karachi Electric Supply Corporation (KESC) and Pakistan National Shipping Corporation (PNSQ extensions to deadlines for holding annual general meetings. A spokesman for the Karachi Stock Exchange said the permission was granted on93 words
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109 1991-01-03 4 FOSTER'S Brewing Group plans to sell its half-share in the maker of Bundaberg Rum to Britain-based distiller and distributor Guinness pic. The transaction, announced on Sunday, is believed to be valued at about ASUS million (US$B9 million) and will include the spirits business of Carlton109 words
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Article103 1991-01-03 4 THE NEWS Corp Ltd denied reports it is about to sell its SO per cent stake in domestic airline Ansett Australia. "There is absolutely no substance in these frivolous and fanciful reports," News Corp's Australian managing director Ken Cowley said in the company's Telegraph Mirror103 words
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Article38 1991-01-03 4 THE Landmark Land Company has agreed to sell many of its properties, including luxury US golf courses, in a US$739million sale involving Japanese and European investors, The New York Times reported on Wednesday.38 words
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Page 4 Advertisements
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Advertisement358 1991-01-03 4 Our Present f \ii 1 short of talent either. you the powerful Epson PC AX2 at more than half the normal of high speed draft printing of 200 cps or near letter quality printing, price, but we're also giving you a very special gift. And it is economy itself with358 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration346 1991-01-03 5 NYT US INTERIOR Secretary Manuel Lujan Jr on Tuesday escalated his fight to keep Japanese commerce out of American landmarks by threatening to cancel a contract, newly acquired by a Japanese company, to provide food, lodging, and other services in Yosemite National Park.NYT - 346 words
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276 1991-01-03 5 Reuter BELGIAN non-ferrous metals company Acec-Union Miniere SA said it bought a 54.4 per cent stake in Belgian diamond holding company Sibeka held by Acec-UM's majority shareholder Societe Generale de Belgique SA. Acec-UM said in a statement it paid 12,000 francsReuter - 276 words
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356 1991-01-03 5 Reuter NORWAY'S state oil firm Den Norske Stats Oljeselskap A/S (Statoil) plans to take a 33.3 per cent stake in British Petroleum pic's existing licences in Africa and the Far East as part of a cooperation deal. "We now have accords readyReuter - 356 words
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279 1991-01-03 5 Reuter SAMUEL MONTAGU Co Ltd, the merchant bank wing of Midland Bank pic, and Citibank, as lead managers, are expected later this week to sign an US$B billion debt restructuring for News Corp, a banker familiar with the package said.Reuter - 279 words
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COMPANY BRIEFS
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96 1991-01-03 5 GERMAN chemical group BASF AG wants to expand its activities in South-east Asia and is considering the construction of a major plant there, the Frankfurter Allgemeine Zeitung (FAZ) newspaper reported. The FAZ quoted management board member Hanns-Helge Stechl as saying the96 words
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Article105 1991-01-03 5 THE FINAL legal documents for the takeover of ailing Belgian arms maker Fabrique Nationale Herstal SA (FN) by France's GIAT Industries were signed, enabling a newly named arms company to start operating on Jan 1, the national news agency Belga said. FN, which was majority105 words
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Article87 1991-01-03 5 GERMANY'S Siemens AG and the British-French joint venture GEC-Alsthom are vying for minority stakes in the locomotive making unit of Czechoslovak engineering group Skoda KP Plzen, Die Welt newspaper reported on Monday. The paper said the state-owned firm was one of the leading locomotive producers87 words
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Article51 1991-01-03 5 BELLSOUTH Enterprises Inc said it agreed to buy Graphic Scanning Corp, a cellular telephone and paging service provider in the US and the UK, for US$5.5O per share cash, or about US$lBO million. The transaction, expected to close in mid-1991, is subject to shareholder and regulatory51 words
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Article85 1991-01-03 5 KINGFISHER pic, the British retail group, said its Comet electrical retail arm was seeking legal redress for breach of contract from British Sky Broadcasting (BSB). In a writ issued in the High Court on Monday, Comet claims damages currently assessed at about £10 million in respect85 words
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Article88 1991-01-03 5 LASMO pic, the UK oil exploration and production company, said it had arranged a 13-year, £175 million floating rate loan facility with Barclays pic. The funds, which will be borrowed by Lasmo (TNS) Ltd, will be drawn over 1991 and used to fund the company's88 words
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Page 5 Advertisements
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Advertisement138 1991-01-03 5 1 Centrally located in the city is 5,000 square |r feet of a luxuriously furnished watch retail outlet Known to be the largest single watch boutique in Singapore, Thong liiap believes in the quality and consistency of high customer service No one offers better service than we do t f138 words
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FINANCIAL NEWS
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SMALL CHANGE
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70 1991-01-03 6 COOPERATIVE Central Bank (CCB) receivers, Hanafiah, Raslan and Mohamad (HRM), yesterday directed 13 of the bank's 21 branches in the country 1 to close from Feb 1, according to the bank's employees union. Union executive secretary Shuhaida Borhan said the branches were in70 words
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Article94 1991-01-03 6 THE French Treasury plans to issue around 100 billion francs of fungible bonds (OATs) in 1991, with about 15 per cent of the total coming in bonds denominated in ECUs, the Finance Ministry said. It said the total would be net of any stock bought94 words
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Article102 1991-01-03 6 WESTPAC Banking Corp said that despite Australia's current recessionary gloom the outlook is for a recovery in the second half of calendar 1991 with further reductions in inflation. "By the end of 1991, Westpac expects inflation to be running at 4.5 per cent, largely because of102 words
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Article95 1991-01-03 6 THE French government has approved plans for Barclays Bank of Britain to acquire Europeenne de Banque, a unit of Credit Commerciale de France, for a total of 1.5 billion francs, CCF and Barclays said in a joint communique. The British banking group will initially acquire95 words
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Article86 1991-01-03 6 THE As7oo million of 13-week Treasury notes offered this week went at an average yield of 11.818 per cent, down from 11.835 per cent last week, the Australian Reserve Bank said. Bids accepted ranged from 11.79 per cent to 11.84 per cent and at least86 words
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Article, Illustration472 1991-01-03 6 QuaK Hiang Whai - By QuaK Hiang Whai DBS ASSET Management, the wholly-owned fund management subsidiary of DBS Bank which officially opens today, is teaming up with a key US investment specialist as part of a move to forge strategic alliances in the world's major financial472 words
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222 1991-01-03 6 NYT CHASE Manhattan Corp said it had agreed to sell all of its US government-guaran-teed student loans, totalling US$l.2 billion, to the Student Loan Marketing Association, a privately-owned company created by the federal government to handle such loans. The end-of-year sale is partNYT - 222 words
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396 1991-01-03 6 Reuter US MORTGAGE-BACKED securities scored 1990 gains in all major categories of new issuance, while Kidder, Peabody and Co emerged as a top underwriter, said IDD Information Services. A record U*****.9 billion of Real Estate Mortgage Investment Conduit (Remic) securities were issued, up 22.76Reuter - 396 words
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383 1991-01-03 6 AP THE NUMBER of US bank and savings institution failures declined in 1990 for the first time in seven years, but with the economy foundering as the new year began the improvement may only be temporary. Last year, 169 commercial and savingsAP - 383 words
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Page 6 Advertisements
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Advertisement209 1991-01-03 6 SIEMENS V V o 1 Ten manufacturing plants throughout Sffi>MHHll Southeast Asia, sales v^lEs3^^^^Ha service locations a over 5,000 employees the v BVj^^^Hregion, is what Siemens in v Southeast Asia is all about. Producing sophisticated electronic components, V telecommunication products BB 21ml T-i systems, power distribution equipment 1H JBs^J and209 words
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THE REGION
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Article503 1991-01-03 7 Developers have been forced to offer attractive terms OFFICE RENTS in Hongkong went down steadily oyer the last three months, with drops in prime areas averaging about 6 per cent, according to property consultant Richard Ellis. Rentals in Wan Chai and Causeway Bay have fallen503 words
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259 1991-01-03 7 Bernama THE MALAYSIAN national news agency, Bernama, and the Hongkong and Shanghai Banking Corporation Ltd (Hongkongßank) have launched a daily facsimile news service called "The Ber-nama-Hongkongßank Five o'clock Digest". Described as a "new alert" service, the digest offers subscribers a summary of theBernama - 259 words
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Article, Illustration153 1991-01-03 7 Bernama AN INDONESIAN Member of Parliament has suggested that more efforts be made for the conservation and protection of tropical forests rather than primarily countering campaigns against deforestation launched by Western environmental organisations. Abdul Rahman Rangkuti felt that the counter-cam-paigns would be "endless" becauseBernama - 153 words
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287 1991-01-03 7 HONGKONG'S economy is undergoing a period of consolidation with growth forecast between 3 and 4 per cent, and inflation expected to move back below the 10 per cent mark this year. Employment is expected to remain tight, The South China Morning Post said on287 words
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NOTE BOOK
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90 1991-01-03 7 THAI Prime Minister Chatiehai Choonhavan vowed on Tuesday in a New Year message to maintain Thailand's rapid economic growth regardless of world crises. Mr Chatiehai also assured Thailand's farmers, or about 70 per cent of the country's population of 56 million, that his government90 words
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Article78 1991-01-03 7 ASSERTING that Japan is the only country capable of giving a major boost to tourism, Fiji's Air Pacific has said it will open a second weekly service to Tokyo in 1991. "The decision is a bold one," the airline's chief executive Andrew Drysdale told reporters on78 words
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Article47 1991-01-03 7 IN THE light of Malaysia's improved economy, the government will review the service allowance of police volunteer reserves (PVR), deputy inspector-general of police Tan Sri Abdul Rahim Mohamad Noor said yesterday. He told reporters the increase after opening the Malacca PVR headquarters building.47 words
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Article107 1991-01-03 7 THE NEW Philippine army commander warned yesterday that rebel soldiers might take advantage of a shooting war in the Middle East to mount another attempt to unseat President Corazon Aquino. Brig Gen Lisandro Abadia also told reporters an undetermined number of communist guerillas had slipped into107 words
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Page 7 Advertisements
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Advertisement285 1991-01-03 7 REFINING THE ART OF COMMUNICATION. First. a few words about performance- As befits a transmission offering a convenient choice of enthusiastic handsome lines that have long distinguished the marque Here, a custom designed company with an outstanding record of motor sport success. "sport* or relaxed 'normal' driving modes at the285 words
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Advertisement6 1991-01-03 7 Managers must manage, BT every Monday6 words
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THE WORLD 1
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659 1991-01-03 8 Analysts see Teheran's anxiety to maintain neutrality IRAN has announced that its armed forces will carry out manoeuvres later this month along the border with Iraq, its former Gulf war enemy. Teheran Radio said the exercises would start between Jan 10 and 20659 words
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Article, Illustration518 1991-01-03 8 Community under pressure to revive industry Reuter EUROPE'S computer industry began the new year under a cloud that has cast a shadow over the European Community's efforts to strengthen companies against Japanese and US competition. The industry has been hit with a series of shocksReuter - 518 words
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96 1991-01-03 8 AFP CHINA has taken measures to help curb defections to foreign countries by its official journalistic staff, according to a China-watching magazine in Hongkong The measures, restricting overseas travels by all employees of the New China News Agency (NCNA), were contained in an officialAFP - 96 words
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447 1991-01-03 9 Paper discloses growing discipline problem AFP EMERGING details of the recent ouster of the head of Soviet forces in Germany highlight Moscow's new resolve in dealing with mushrooming desertions, wholesale looting and the growing number of violent incidents involving the German population.AFP - 447 words
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Article, Illustration267 1991-01-03 9 UPI PRESIDENT BUSH used the r-word 'recession' for the first time on Tuesday to describe some areas of the US economy, but said he would veto any big new quick-fix spending plans from Congress to curb it. Although Mr Bush finally stoppedUPI - 267 words
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382 1991-01-03 9 NYT PESPITE the troubled financial world of 1990, there were some big winners on the New York Stock Exchange last year, led by innovative corporations whose basic businesses prospered and companies that were reorganised to increase profitability. But, reflecting the difficulties ofNYT - 382 words
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289 1991-01-03 9 Reuter THE LATE Robert Holmes a Court left no will for his mul-ti-million-dollar business empire when he died of a heart attack last year, the family solicitor said yesterday. The South African-born tycoon suffered a heart attack in bedReuter - 289 words
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WORLD WATCH
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93 1991-01-03 9 ITALY was yesterday planning to try to send a plane to the embattled capital of Somalia to evacuate foreigners caught in fighting between rebels and troops loyal to President Mohamed Siad Barre. Somalian rebels said more than 500 people had been killed in two days of93 words
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Article80 1991-01-03 9 THE 1990s should be "a period of unparalleled opportunity with the completion of the single (European) market and the lessening of tension between all the countries of the world", British Prime Minister John Major said in a New Year's message. Mr Major, who took over as80 words
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Article78 1991-01-03 9 BRITAIN will persevere with tight economic policies to cut inflation, says Chancellor of the Exchequer Norman Lamont. Although industrial output was forecast to fall by about one per cent in the coming year, the economy was in a fit state to cope after eight successive78 words
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Article106 1991-01-03 9 ECONOMIC REFORMS and privatisation will require sacrifices from the people of Czechoslovakia in 1991, which will be a tough year, President Vaclav Havel said in his New Year message. After a preparatory period last year, economic reforms would be put into effect in 1991, with106 words
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Article77 1991-01-03 9 ON THE EVE of a visit by the President of the UN General Assembly, Israeli army gunfire killed four Palestinians yesterday as the occupied territories erupted in violence for the second time in four days. Guido de Marco is the first senior United Nations official to77 words
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Article65 1991-01-03 9 SAVINGS ACCOUNTS in China are likely to dwindle this year as people opt to invest in the country's fledgling securi ties market. The Hongkong-based Pai Shing magazine, which specialises in Chinese affairs, quoted sources at Beijing's Industrial and Commercial Bank of China (ICBC) as saying65 words
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Page 8 Advertisements
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Advertisement221 1991-01-03 8 Reverso. Avant-garde since 1931. Pure Art lives on in SPECIAL WHICH BEEN CRAFTED BY MASTER WATCH- 1 MAKERS L THAN THE REVERSIBLE CASE IS an EN- CRAVED MONO- I fl q v /c, *iifl i^l CRAM MAKES 9 Reverso a jewel d v 3/flfc ffi 29 "J OF A WATCH.221 words
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Advertisement247 1991-01-03 8 NOTICE THE COMPANIES ACT CAP. M LABK AFP ABEL PTE LTD (la VMaatary UfaltettM) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 10 Anson Road, #13-12 International Plasa, Singapore 0207 on the 31st day of December, 1990, the special resolution set247 words
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Advertisement350 1991-01-03 8 IN THE MATTES OT THE COMPANIES ACT Z~. (CHAPTEBM) PURSUANT TO BBCTION mw) AND -X IN THE MATTEB OF SING BROTHERS I COUBINB (PRIVATE) LIMITED At an Extraordinary Ger£-I eral Meeting of th«. abovenamed Company*' duly convened and hel<f at 99 Bedok North Roa£ Singapore 1040 on 28ti>. day or350 words
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Page 9 Advertisements
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Advertisement66 1991-01-03 9 IW%r w WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO THE NETHERLANDS. We've reduced the IDD rate to the Netherlands by up to 8.8% Which means that the Standard Rate is now $410 and Discount $3.80 per block of one minute So you get more talk for less.66 words
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Article462 1991-01-03 10 EDITORIAL THE Monetary Authority of Singapore (MAS) has shelved the long-standing plan to establish an insurance exchange in Singapore. MAS officials say the proposal has been kept in abeyance because the working committee appointed by the Insurance Commissioner concluded that the prospects for an462 words
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WHAT THE OTHERS SAY
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Article222 1991-01-03 10 THE results of a recent poll by Time Magazine covering 9,200 subscribers in 11 Asian countries has thrown up some aspects of Singapore which appear mixed, if not worrying in some respects. Singapore came fourth (after Thailand, Malaysia and the Philippines) in terms of whether the country222 words
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Article134 1991-01-03 10 THE 25th anniversary charity fund reflects the caring spirit of Singaporeans. The collection of $88 million from the public and the government's dol-lar-for-dollar contribution means there will be 176 million to help the needy and for future social projects. The spirit of caring for others should not end134 words
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Article154 1991-01-03 10 IT IS not easy for the ruling Liberal Democratic Party (LDP) to transform Japan into a political power. After the latest reshuffle of his Cabinet, Prime Minister Toshiki Kaifu announced that he would seek the cooperation of the opposition to map out a new plan to take154 words
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REGIONAL VIEWPOINTS
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Article135 1991-01-03 10 WHAT IS now apparent is that the major players in the construction industry cannot get their act together to contain the steel bars shortage which has hampered the implementation of more than 100 housing and development projects. The situation is critical and most of those affected by135 words
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Article212 1991-01-03 10 SOVIET PRESIDENT Mikhail Gorbachev won the Nobel Peace Prize last year, but peace was the very thing that was denied him. For that matter, Eastern Europe could have done with some peace. And India. And Pakistan, Bangladesh, Sri Lanka, Nepal, Burma, the Philippines, Cambodia, South212 words
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Article146 1991-01-03 10 THE CUSTOMARY firing of the Midnight Gun at Causeway Bay and other celebrations have ushered in the New Year, tempered by the sober anticipation of lean and uncertain times ahead. The Hongkong public has for six years since the signing of the Joint Declaration tended to exaggerate its146 words
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Article, Illustration1045 1991-01-03 10 David Sanger - In spite of an economic slowdown, Toyota and other large Japanese manufacturers are increasing their capital outlays, reports David Sanger David Sanger NYT AT a time when the American automobile industry is laying off thousands of workers, shuttering factories and bracing for a recession, KunihikoNYT - 1,045 words
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Page 10 Advertisements
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Advertisement218 1991-01-03 10 j.. jv tmfmmm ~mpmtf mx<j i■ 1 A --v; *K '*?s&<> th* artistes and music lovers of the world an expectation th&tfiilfills their highest expectations." p sk -'m f/ > —^bm rt 0 Next to musical genius, one of the most treasured things that can be passed from one generation218 words
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Page 10 Miscellaneous
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Miscellaneous64 1991-01-03 10 DOONESBURY BY GARRY TRUDEAU i/rKiw avtnA rest, sure, but i dunno, man. if going to be hu/th FIUIZCtIPLI RAV. YOU'RE AfTBR SIK GOING FROM THE SOMEONE, ftP JUST BE TO SUPPOSE? 10BE MONTHS,PONT TO THE TALK-YOU KNOW, CONNECT, -rpn,, i TA^Z'cntAP Jtt/ HAPPIIXMAR- 10UHJANTI0 LOVE BOOT HAS TAKE A WALK,64 words
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ANALYSIS
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772 1991-01-03 11 Richard Halloran - Ethnic disputes are disturbing a melting pot, reports Richard Halloran Richard Halloran NYT IN racial and ethnic relations, Hawaii is normally a kind and gentle place, a mosaic of Hawaiian, Japanese, Chinese, Filipino, Caucasian and other Americans living in amity. But under the surfaceNYT - 772 words
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Article, Illustration1290 1991-01-03 11 Kenneth James - For the Singapore economy, the best is yet to come but not yet. In 1991, expect squalls to slow the ship of state, reports BT's Economics Correspondent Kenneth James Kenneth James CERTAIN private sector analysts have no difficulty making growth forecasts for1,290 words
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Article, Illustration412 1991-01-03 11 TO gauge the strength or weakness of a currency and thus, the issuing country's export competitiveness, economists examine the real effective exchange rate (REER). The REER is a modified measure of a currency's nominal exchange rate vis-a-vis the currencies of the country's major trading partners. This measureSource: Crosby Securities - 412 words
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Page 11 Advertisements
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Advertisement106 1991-01-03 11 The Big Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the muki-oourse menu offers s you a challenging choke of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs :f. "i Salmon and Lobster Roulade in106 words
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ADVERTISING & MARKETING
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Article, Illustration1066 1991-01-03 12 Mark Landler - As advertisers slash their budgets, agencies are seeing the biggest downturn since the early *****. Mark Landler reports from New York. Mark Landler The writers of ABC's hit TV series thirtysomething have added unemployment to their weekly catalogue of yuppie angst. InData: McCann-Erickson Worldwide; Data: Bridge Information Systems Inc - 1,066 words
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Article79 1991-01-03 12 NYT THE BAD MONTHS just keep adding up for the US magazine industry. In November, total advertising pages for the magazines tracked by the Publishers Information Bureau were down nearly 6 per cent. For the first 11 months of last year, ad pages slippedNYT - 79 words
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458 1991-01-03 12 COPY LINES THAM KHAI WOR, group general manager (marketing) of the Singapore Press Holdings, was re-elected the president of the Advertising Media Owners Association of Singapore (Amoas) at its annual general meeting last month. Noting that advertising expenditure may hit a record $560 million for458 words
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432 1991-01-03 12 NYT INFORMATION-hungry Indians, annoyed by the failures of state-run broadcasting networks, are turning in droves to privateenterprise "alternative television" news on videotape. "We have the only private video newsmagazines in the world," said Amit Khanna, the producer of Business Plus, a monthly tape onNYT - 432 words
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Page 12 Advertisements
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Advertisement171 1991-01-03 12 1 *.i attv^rylßSaMß 'p? jg -"jPfev,-- W X ',-"1 -I «;r"c fl| fc- W^'""" x -Vv!^*l-- V KLM's worldwide network. Stretching across continents. Linking more than 140 destinations in 77 countries, with still more to come. With friendly and reliable service in the air and on the ground. Helping the171 words
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SPORTS
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SIDE LINES
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110 1991-01-03 13 THE New Year brought no change in Willie Thome's run of bad luck in Bournemouth on Tuesday as he suffered a surprise defeat to Welshman Tony Chappel in the third round of the Mercantile Credit Classic. The disconsolate world number 11 from England,110 words
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Article81 1991-01-03 13 TOP-RANKED Colorado staked its claim to the national championship of college football on Tuesday, holding on to beat Notre Dame 10-9 in the Orange Bowl. Colorado, which lost its bid for the national title last year when Notre Dame won 21-6, should remain number one in the81 words
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Article84 1991-01-03 13 RV HUBBARD claimed on Monday that he had sufficient votes to oust long-time Hollywood Park chief Maijorie Everett in a battle for control of the race track. However, a spokesman for Everett said she and her backers had sufficient revocations to block the move. Hubbard, 55, is84 words
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Article96 1991-01-03 13 RONNY ROSENTHAL scored one goal and set up another as Liverpool rebounded from a weekend loss with a 3-0 defeat of Leeds on Tuesday to maintain its one-point lead atop the English Soccer League. Arsenal kept pace with a 1-0 victory at Manchester City on96 words
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Article108 1991-01-03 13 SPRINTER Michael Johnson says he plans to prove that his selection as the Track and Field News 1990 Male Athlete of the Year is no fluke. Johnson earned top world rankings in the 200- and 400-metre dashes, becoming the first athlete in history to hold108 words
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Article, Illustration496 1991-01-03 13 AP FIVE players, four of them foreigners, have opted not to play in the Tournament of Champions that opens the 1991 PGA Tour schedule today in California. Two others in the elite field of winners only from 1990 said they wereAP - 496 words
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Article, Illustration445 1991-01-03 13 AFP FRENCH tennis star Catherine Tanvier may have her blonde hair shaved off despite her country's defeat in a semi-final of the US$3OO,OOO Hopman Cup tournament in Perth on Tuesday. Tanvier, 25, from Nice, and partner Guy Forget were beaten by two rubbers to oneAFP - 445 words
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Article, Illustration373 1991-01-03 13 AP GERMANY'S team at the World Swimming Championships in Perth is led by an "albatross". It also carries two around its neck. The leader is Michael Gross, the butterfly specialist whose immense wingspan has been likened to that of the big seabirdAP - 373 words
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Page 13 Advertisements
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Advertisement72 1991-01-03 13 H Its speed is also hard to heat 40 —si^- L Minolta EP>i(K) is such a tough act to copy. H copies a minute. While Simul-Color II Call 563 5533 to find out more. H lets you copy in black or colour or Minolta Singapore (Pte) Ltd. 10. Tehan erase,72 words
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Page 14 Advertisements
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Advertisement237 1991-01-03 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Didn't I see you at Scandals? H Kvcry Thursday: Indies Night. Every Night: The place to lee and be seen. Scandals, Singipore's most sophisticated club and meeting place. For details on membership, call 330237 words
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Advertisement321 1991-01-03 14 DIANXIN TEMPTATION! Treat yourself to a Delectable Oicin Xin lunch. All-vou-can-eat for only J 16.80* per person. Lunch Hours: 11.30 am 2.30pm *Htt> 10% *mct ctufyc k 4% ftxrrnrocnt m tS M HWT REG€NCY(2)SWGAPOR£ l a l2 Scocb K<ud SuHupure <W» W: *****HK CXfCHARO PALACE RtSTAURAMT Delightful Dian Xin The321 words
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Advertisement274 1991-01-03 14 A winning combination! Indulge in gourmet fare that combines the exquisite taste of Cantonese cooking with the spicy flavours of Thai cuisine. Menu changes regularly, lunch or dinner. Adult: $16 Child: $10 Plaza Hotel SINGAPORE. Cafe Plaza Rrarl) Road Smgapurr 0719 *1 *****11 Steamboat Huffet <r <r Feast on an274 words
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Advertisement234 1991-01-03 14 DAILY AT PINE COURT |te- You'll enjoy our delicious selection HhkJ| of authentic Beijing Dian Xin served amidst the splendour of an Imperial Court. May we expect you today? P From noon to 2.30 pm. fXETT I I Ala carte menu available jjf||Q 333 Orchard Road Singapore 0923 Tet 737*41234 words
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Page 14 Miscellaneous
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Miscellaneous423 1991-01-03 14 TELEVISION AND RADIO aaay«c-]Wi»»wmmm mim." w )l *mntwamnmmumttm*. "sscii ssy.rtlftf.sr iS Cft£* business on radio 7.25 PM .n»h «r*» Jacko is Homecoming Concert (Ste- M ajtfteWo-*' BSC, 19.9 mtiz i« VHF Band H confident that his bus.ncss 9QO NhM «.g Z?(S) 7.10 a«, 9.25 am, 1.30pm, S venture in paint423 words
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LIFESTYLE
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Article, Illustration489 1991-01-03 15 Bernadine Morris - If fashion gurus have their way this year, smooth shoulders will prevail where women gather, writes Bernadine Morris Bernadine Morris NYT Fashion may be fickle, but one thing is certain: there will be a lot of bare shoulders this year. Not only on the beaches andNYT - 489 words
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566 1991-01-03 15 Tony Kennedy - What do a former prison guard and a weight-lifter know about fashion? Lots, says Tony Kennedy Tony Kennedy AP Zubaz pants are zooming off warehouse racks in greater quantities as the zany pajama-like clothes add pizazz, and dollars, to the fashion industry. But itAP - 566 words
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578 1991-01-03 15 CHATTERBOX AFTER more than 1,000 performances as Tevye in the musical "Fiddler on the Roof', Israeli actor Chaim Topol searches for new ways to charm his audience as the Russian Jewish dairyman. Most people have seen the play or the film at least once. They578 words
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Article, Illustration666 1991-01-03 15 Claire Leow - Claire Leow reviews the Mandarin version of a popular baba play Claire Leow GETTING a nonya to speak Mandarin is no mean feat. Knowing one who does, and fluently too, is rare. But Emily Gan of Emerald Hill is one nonya666 words
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Page 15 Advertisements
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Advertisement245 1991-01-03 15 AND ENTEBTAIN The Happiest Hours In Town. IPM IMILY OTI-NING t lIOIRV 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. 44 ANA HOTEL lb NASSIM HILL, SINGAPORE 1025 TEL- 732 1222. SINCAPORE245 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration912 1991-01-03 16 S N Vasuki - By S N Vasuki YESTERDAY was the first trading day of the new year at the Singapore stock exchange but the market mood was dull and listless. With the Tokyo stockmarket still closed for the New Year holidays, the Singapore market showed912 words
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Article3698 1991-01-03 16 1990/91 ,el '-"St Vol Day I-ast Quote Div Di* Vld Net M Cap High Low Code Company Sale +or- (000) High Low Buyer Seller Or P/E Smil INDUSTRIAL COMMERCIAL 277 152 t 1000 Acma 164 +3 12 165 162 162 164 100.5 290 165 1142 Alex Hldgs 50* 210 6.03,698 words
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Article3788 1991-01-03 17 Main Board NatStecl 740 +40 +5.7% BAT 21c 298 +18 +6 4% IsetanSO* 540 +10 +19% Roth Inds50« 440 +6 +14% Spore Fodder 240 +6 +2.6% Wepco50« 500 55 5 +10.0% Semb Maritime 374 +4 +1.1% RDC 314 +4 +1.3% S Aerospace 50* 174 +33,788 words
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Page 17 Advertisements
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Advertisement14 1991-01-03 17 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT.14 words
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BT SHARE INFORMATION SERVICE
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Article185 1991-01-03 18 AUDITED RESULTS Company Date Year Group Not Not oainiofs Gros« aim to preflt/loss (L) per share dlvWood ('000) (coots) Cerebos Dec 14 Jul 90 $38,911(J33.777) 126(11 3a) 20TEa(9TEa) L&M Dec 13 tun 90 $1,418($452) 4 3(15) 2(1) Wing Tai Dec 11 )un 90 $9,458(119.684 5.4(12 3) 16(16) Pan185 words
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Article172 1991-01-03 18 Company Oat* Year Groep pre-tax Nat earnings Crass ann to profit/loss (L) par share dividend (000) (cants) Pact he Can Dec 28 Sep 90 $1.387L($562h) -(0.7) Van der Horst Dec 28 Sep 90 $1,222(1788) 1 8(3.3) l(-) KL Kepong Dec 24 Sep 90 M$84.804($171,980) 14 8(30 1) 15(17.5)172 words
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Article294 1991-01-03 18 Company Date Half-year Group pro-tax Interim ann to profit/lose (L) dividend COM) Isetan Dec 28 Sep 90 J10,458( -(10) MCB HMgs Dec 27 Sep 90 MJ1.333($1,319L) -(2.5) Pep Ms,a Dec 27 Sep 90 M53,590(*****) AJex HMgs Dec 26 Sep 90 51,4461(5257) Metalock Dec 24 Sep 90 53.938(12,912) Hai294 words
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Article500 1991-01-03 18 Currant Ex Books Data Total tof Total for payment data dosa payabla tha yaar last yaar USB 10% (b) lan 4 Ian 18 Jan 28 10% 12% N*P NYA Dec 14 Jan 3 Feb 15 NYA 2.8% IM StH 12 6%(b) No* 29 Dec 13 Jan 21 12.6%500 words
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Article658 1991-01-03 18 Singapore Stocks Last FuN Yoar Company Period Oat* Tear Net EPS Gro» IM amouicad ntx (canto) <h pre* last »tjr (WOO) CM PxtitK interim Nov 13 Dec 90 29.7 132 11.616(c) BMT Intenm tan 10 tun 91 254 2 150 0 773 Khanf Guan Intenm tan 12 Apr658 words
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Article670 1991-01-03 18 BONDS, LOANS WARRANTS Canp—y CMMntaa period Ceevwilwi tern ler ww w*w> slere C*C™Wt Before 26/4/93 1 warrant plus S3 09 cash Causeway 1— Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus $077 nomnal amount of loan stock. 0«ian Notts Own m March 87670 words
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Article793 1991-01-03 18 Lan 2 Mng Court Hotel has been renamed Orchard Parade. Dec 28 Inm-Pacific Holdings has transferred all the group's trading businesses to a wholly owned subsidiary, Masetrale Holdings, as part of a restructuring exercise The subsidiary, which will be renamed Inno-Pacific Intertrade (IPI), has also entered into a793 words
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Article194 1991-01-03 18 Company Rights Issue Causeway In* Three-fortour SO 60 per share Ex-date Dec 10 Books dose Dec 20 Acceptance Payment Feb 1 CAM Five-tor four (a. MS4 00 per share Ex-date No* 23 Boohs dose Dec 1 Acceptance t Payment ton 22 M Mosjks O*-for-one MSI 50 per share194 words
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Article322 1991-01-03 18 Company Rights Issue Mcom One-for-two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at MSI per share with 10m detachable TSR Bofton One-for four g, MJ2 00 per share f ACS Capital Reduction Scheme to reduce par value ot shares from322 words
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Article188 1991-01-03 18 RECORD HIGHS LOWS BT Composite Index .ST Industrials Index 1991 hrtt *****1 (2/1/91) 1991 Nfh: 1153.48 (2/1/91) 1991 low; *****1 (2/1/91) 1991 low 1153.48 (2/1/91) 1990 Mc *****3 (16/7/90) 1990 N||t 1607.12 (27/3/90) 1990 low: 981.07 (09/11/90) 1990 low 1079.50 (11/10/90) 1989 htoh: 1322 00 28/12/89) 1989 liftc 1487.76 26/12/89)188 words
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Article87 1991-01-03 18 Sembawang Shipyard Ltd: EGM at 456 Alexandra Road, 4th Floor, NOL BuikJing, Singapore 0511 on Tuesday, Jan 8, at 9.30 am. Cerebos Pacific Ltd: 9th AGM at Room 835, Bth Floor, Mandarin Hotel Sooth Wing, 333 Orchard Road, Singapore 0923 on Thursday, Jan 17, at 12 noon. Asia87 words
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Page 18 Advertisements
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Advertisement174 1991-01-03 18 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Be one of the first 120 to subscribe or renew your subscription this December, and you will receive a 35cl bottle of I Cognac worth $48. (For Singapore -NjIZS su^scr :)ers n 'y) > osy K Subscription174 words
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Advertisement15 1991-01-03 18 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times15 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration841 1991-01-03 19 Bernama MALAYSIAN share prices ended the first trading day of the new year lower yesterday as most investors were sidelined on lack of overseas leads. In light trading, the KLSE Composite Index fell 4.69 points to 501.23 while the Industrial IndexBernama - 841 words
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Article2850 1991-01-03 19 1991 Last Vol Day Net Cap High Low Company Sale TOO High Low P/E Smil INDUSTRIALS 179 177 A1SB 50* 177 -8 12 179 177 43.2 181.6 332 328 ASM 50« 328 -22 136 332 328 29.3 1346.4 296 295 Acidchem 296 -1 15 296 295 127.3 Ajinomoto 266 23.52,850 words
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Page 19 Advertisements
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Advertisement128 1991-01-03 19 NEWS FLASH crc^ 7 TW J* *?&Z "a? 1 niß^f^ Iff 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 shipping128 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration1825 1991-01-03 20 Reuter HONGKONG stocks ended slightly higher in extremely thin volume yesterday with scattered bargain-hunting by locals speculating on a peaceful settlement in the Gulf, brokers said. The blue-chip Hang Seng Index closed 6.79 points up at 3,031.34 and the broader-based Hong Kong IndexReuter - 1,825 words
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WORLD STOCK MARKETS
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UK equities start '91 on a shaky note
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Article379 1991-01-03 20 UK EQUITIES started the first trading session of 1991 marginally lower following a markdown of prices by dealers unsettled by a weaker FTSE futures market. At midsession, a host of negative factors provided players with another opportunity to boycott a shaky looking equity market. Dealers said the main reason379 words
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Article246 1991-01-03 20 DUTCH shares started easier yesterday because of a slightly lower US dollar on the first trading day of 1991, but dealers said volume remained as meagre as in December 1990. "Prices are marked down because of the dollar but investors remain sidelined, waiting to see what will happen in246 words
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Article97 1991-01-03 20 ITALIAN shares closed the first session of 1991 lower in very thin trading volume seen near Monday's level of about 45 billion lire, brokers said. "There is little enthusiasm to do business," one operator said, adding that investors probablv would remain cautious ahead of the January 15 deadline set97 words
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Article315 1991-01-03 20 FRENCH share prices were broadly lower at yesterday's midsession in lacklustre trade. Dealers said the Gulf crisis continued to discourage buyere. "We're off to a bad start this year, said one broker. "Like most European markets, Paris is morose." The CAC-40 index stood 19.29 points, or 1.27 per cent,315 words
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Article192 1991-01-03 20 PRICES on the Stockholm bourse tumbled in slack early trade, mainly due to uncertainty over the situation in the Gulf, dealers said. By mid-morning, the general index had lost 3.24 per cent to 837.33 in turnover of only 28 million crowns. Blue chips were 3.89 per cent lower. "The192 words
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Article60 1991-01-03 20 JOHANNESBURG gold share prices opened higher, but industrials were steady on Wednesday, after the South African Police rejected a claim by the Pan Africanist Congress (PAQ that it killed several South African Policeman in Christmas attacks around the country. Gold shares were boosted by the gold price, which was60 words
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Article93 1991-01-03 20 TORONTO stocks closed the year higher but in thin business, traders said. "A lot of money is on the sidelines. I'll doubt we'll see much volume until after January 15 (the deadline for Iraqi withdrawal from Kuwait)," Jack Stacey, an analyst with Moss Lawson said. The composite index gained93 words
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Article109 1991-01-03 20 GERMAN share prices plunged more than 2.5 per cent in the first 20 minutes of trading yesterday, as worries about the Gulf prompted a round of selling in a thin market. By 0950 GMT, the 30-share DAX index had dropped 36.01 points to 1,362.22, its lowest level since November109 words
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Article47 1991-01-03 20 TRADING in Belgian shares was scheduled to start around 0930 GMT, half an hour later than usual, because of a delay in starting up the computerised share trading system, a Brussels stock exchange spokesman said. The market was shut on Monday for the New Year holiday.47 words
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Article33 1991-01-03 20 Reuter The Zurich bourse was closed on Monday and Tuesday due to the new year's holiday. Tomorrow the bourse is closed because of a local holiday. Trading will resume on Thursday. ReuterReuter - 33 words
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Article74 1991-01-03 20 Dec 31 Cloae Previous NEW YORK Dow Jones 2,633.66 2,629.21 +4.45 NYSE Financial 122.07 121.51 +0.56 SAP 500 330.22 328.72 +1.50 Turnover (million) 114.1 112 +2.1 LONDON Financial Times 30 1,673.7 1,685.2 -11.5 FTSE 100 2,143.5 2,160.4 -16.9 Turnover (million) 128.4 249.3 -120.9 AMSTERDAM CBS Tendency Index NA 93.5 FRANKFURT74 words
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Page 20 Advertisements
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Advertisement7 1991-01-03 20 Advertising and Marketing Every Thursday in BT7 words
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REGIONAL STOCK MARKETS
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Aussie gold shares soar on '91 first trading day
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Article963 1991-01-03 21 RENEWED fears of a Gulf war sent gold stocks spiralling and pushed the Australian sharemarket to a higher close yesterday. The gold marker finished the first trading day of 1991 up 49.0 points to 1,184.4, its highest level for four weeks. Brokers said interest stemmed from a jump in963 words
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Article691 1991-01-03 21 THAI stocks closed sharply lower across the board yesterday on renewed jitters about the Gulf standoff and absence ot foreign players who still had not returned from holiday. The SET index ended 17.91 points, or 2.9 per cent, lower at 594.95 in very thin trade. Siam Cement closed at691 words
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Article181 1991-01-03 21 PHILIPPINE shares fell sharply yesterday in a general wave of selling spawned by fear of a possible shooting war in the Gulf and a consequent recession, brokers said. Manila's composite index fell 22.89 points to 628.89 from Friday's revised 651.78. Combined turnover on the two bourses thinned to 1.17181 words
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Article73 1991-01-03 21 BOMBAY stock Exchange (BSE) authorities kept the market closed on Tuesday, fearing heavy selling pressure when trading resumes after a week-long Christmas holiday, a spokesman for the exchange said. "t was a holiday today at all other centres and we felt there would be concentrated selling here," BSE executive73 words
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Article2461 1991-01-03 21 Cloae Protons Jaa 1 SYDNEY All Ordinaries Index 1,285 1 1,278.0 +7.1 All Industrials Index 1,956.3 1,949.7 +6.6 All Resources Index 767.8 760.8 +7 Turnover (million) 32.95 67.69 -34.74 BANGKOK SET Index 594.95 612.86 -17.91 Turnover (million) NA 1,470 JAKARTA Composite Index NA 417.78 MANILA Composite Index 628.89 651.42 -22.892,461 words
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Page 21 Advertisements
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Advertisement50 1991-01-03 21 Closing prices for all markets except Taipei are provided by Telerate READ C H A R T P 0 1 N T EVERY A T U R D A Y IN B U 8 I N E 8 8 T I M E 8 Innovation Technology in BT on Tuesday50 words
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CURRENCY, MONEY & FUTURES MARKETS/COMMODITIES
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Article389 1991-01-03 22 Cross rates Jan 2 USS SS MS Dm Yen SFr AS NZS USS 1.7390 2.7045 ***** 135.75 0.5189 1.2730 1.2953 1.7007 SS 0.5750 1.5552 0.8585 0.7806 0.2984 0.7320 0.7449 0.9780 MS 0.3698 64.30 0.5520 0.5019 0.1919 0.4707 0.4790 0.6288 Dm 0.6698 I 1648 1.8115 90.92 0.3476 0.8526389 words
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Article801 1991-01-03 22 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Mar 91 92.81 9182 9180 9182 1572 ***** 1207 Jun 91 92.91 92.92 92.90 92.91 382 9402 152 Sep 91 92.79 92.80 92.79 92.80 207 4050 10 Dec 91 92.48B 92.49 3332 Mar 92 92.34 650 Jun 92801 words
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Article568 1991-01-03 22 Interbank rates S$ Bid Offer Overnight 3 3/4 4 1-month 4 1/8 4 1/4 2-month 4 3/16 4 5/16 3-month 4 1/4 4 3/8 Overnight mode: 2-3/4 L'SS Bid Offer 7 days 7 9/16 7 11/16 1 month 7 1/2 7 5/8 2 months 7 7/16 7 9/16568 words
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344 1991-01-03 22 REPORT THE Kuala Lumpur Tin Market closed 14 sen lower at M$ 14.86 per kg following the easier trading on the London Metal Exchange. At the opening level of Msls per kg, there were no buyers but at M$ 14.90 bids344 words
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137 1991-01-03 22 AP AN ACREAGE reduction programme for wheat, corn and other crops were among the details of the 1991 commodity programmes announced on Monday by US Agriculture Secretary Clayton Yeutter. Much of the programmes were spelled out in the fiveyear 1990 farm lawAP - 137 words
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Article1319 1991-01-03 22 Rubber Jan2 MS (t*» 1m fcrtw) S centvVg Noon Post Int 1 RSS Prompt I52.7VI53.75N 152.50/153.50 Int I RSS Feb 91 I53.7VI54.25 153.50/154.00N Int I RSS Mar 154.25/154.75 154 00/154.50N Int 2 RSS OP 150.50/152.50N 150.25/152.25N Int 3 RSS OP 145.5<V147.50N I45.2VI47.25N Int 4 RSS OP 141.50/143.50N I4I.2V143.25N Int1,319 words
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Page 22 Advertisements
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Advertisement7 1991-01-03 22 Executive Jobs every Saturday in Business Times7 words
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THE TRAVEL PAGE
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Article1107 1991-01-03 23 Uty FHgfct ETA FUgkt ETD Dhabi GA975 1125 GA887 1225 MaWdo SQ228 1 900 QF888 2330 QF5 2000 Amsterdam SQ23 0740 KL840 2150 GA975 1125 SQ24 2300 KL839 1455 Anckland NZ25 1825 BAH 1225 SQ325 2115 NZ26 2150 Bahrain GF148 0915 Sort Bogawaa SQ182 0915 SQ1811,107 words
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Article, Illustration397 1991-01-03 23 William Mann - LETTER FROM EGYPT By William Mann LUXOR's ancicnt temples and tombs and its hotel swimming pools arc awash with free-spending tourists. French, Italian and German accents mingle with American drawls and Australian twangs. But as they work at a frenetic pace, tourist industry employees in397 words
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Article152 1991-01-03 23 As at 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3450 1.37SO Canadian dollar 1.4950 1.5250 NZ dollar 1.0100 1.0500 Sterling pound 3.3700 3.400 US dollar 1.7450 1.7550 Local dollars to 100 units of foreign currency Austrian schilling 16.20 17.20152 words
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Article143 1991-01-03 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Jan 19-27 International Germany Stuttgarter (46)711/2589-0 Feb 9-17 International Hamburg Hamburg Messe *****569-0 Exhibition For Messc Und Tourism, Caravan Und Congress Caravaning. Kongress and Automobile GmbH Motoring, Tourism Exhibition Jan 21-24 Middle East Manama, Arabian Exhibition 973/*****3143 words
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Page 23 Advertisements
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Advertisement28 1991-01-03 23 Ki i B B^B kjJ This is the ultimatum actor Tom Cruise got from girlfriend Nicole Kidman Read all about it in The New Paper today ■BBBBBBBBMBBitIiiy Ifferj28 words
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Page 23 Miscellaneous
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Miscellaneous307 1991-01-03 23 1 Their work is involved lots others 8 9 Services for all and sundry -—Hi JH. JH 10 Number find turn oddly ■■"■■r BW 11 One by One (6) Ti 12 Repair a small cask when 1 1 1 the mood (4,4) 13 View to examine in detail HL— 15307 words
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Miscellaneous210 1991-01-03 23 Singapore Outlook: Showers over a few areas in the afternoon. Forecast Maximum temperature 31.9* C Assoc humidity 68% Minimum temperature 24.4X7 Assoc humidity 97% Hours of sunshine 8.95 Rainfall in mm Trace Rainfall this month... 4.7 Rainy days this month 1 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 22/15 Showers Bangkok210 words
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Miscellaneous44 1991-01-03 23 'popmv Tv4Pr;<S FoR yooß POOST Ge^CPooS v>)eLL,v>)€ijL, Ps messPGe. F<?om thf Box. (h*? 1 h*R.O not tq OLCPSNIMG LADY IN THE dost 1 ON MY DFS< TnP P>SSOR£. SOU TWftT povy TC VDU ,Qr U*U uSORtI (HPsR.« H*f?o EVENING STANOARO CO. LTD 1962-1990 j44 words
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Article, Illustration551 1991-01-03 24 David Chew - Growers likely to win price-fixing dispute By David Chew THE LONG-STANDING price dispute between Malaysian palm oil refiners and plantation growers has reached a stage where the refiners will eventually have to give way, well-placed industry sources in Kuala Lumpur, Johore551 words
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338 1991-01-03 24 AFP THAILAND'S economy could be in trouble in 1991 unless exports were increased, the governor of the Bank of Thailand warned in an interview yesterday. "Unless we make efforts to promote exports effectively, we will be in trouble," Vijit Supinit said. MrAFP - 338 words
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275 1991-01-03 24 Reuter SOVIET food and consumer goods prices will rise in 1991 as the country moves towards a market economy, a senior government official was quoted on Wednesday as saying. Anatoly Komin, first deputy head of the state pricing committee, said inReuter - 275 words
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Article, Illustration837 1991-01-03 24 ALVIN TAY; ALVIN TAY - The Bottom Line ALVIN TAY ALVIN TAY The writer is one of BT's news editors EVER SINCE Iraqi tanks rolled into Kuwait on Aug 2 last year, companies have had to cope with higher operating costs and individuals with higher living costs. It837 words
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308 1991-01-03 24 Reuter INDONESIA, which has fought long and hard to grow all the rice it needs, is loosening up its rigid "no imports" attitude to its staple crop. Officials in Jakarta said yesterday that with overall self-sufficiency in basic foods still a goalReuter - 308 words
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Page 24 Advertisements
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Advertisement105 1991-01-03 24 Nikon. The World's Finest Photographic Systems fl JK' w f H vp y -'A^^Bbl, II K Jfl| fl K<; (3ERRUTIIBBI ITUMSB MEN'S BOUTIQUES 83U9ITUO0 B*H3M #01 IS The P;ir:it;i>n, IVi li.trJ Ri>ad Tel 2IS <<02-S4/60 Wisma Atria, Oreh.irJ Ru.kJ Tel: iV4'• VV #01-4S Fimim Gnllcria, iVih.irJ Rii.»J Tel: < H105 words
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Advertisement81 1991-01-03 24 Nikon The World's Finest Photographic Systems II i| Kuala Lumpur's newest upmarket retail and display centre a ig c it I A AkiAfflA l v < X 1 §fn e m 7 MCftUN of No 1, Jatan Sultan Ismail /Ml I i r A ST I I n 11 this81 words
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Shipping Times
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Article, Illustration395 1991-01-03 25 Rahita Elias - By Rahita Elias IN LINE with its aim to expand its coverage of Asian cargo markets, German carrier Lufthansa plans to introduce yet another 8747 freighter on its SingaporeFrankfurt route in the third quarter of the year. However, Klaus-Peter Maier, Lufthansa general manager, Singapore395 words
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316 1991-01-03 25 Lloyd's List HITACHI ZOSEN, Japan's leading shipbuilder, has unveiled short and long-term plans which will reduce its dependence on vessel construction to 20 per cent from 30 per cent on a projected threefold sales increase. The company predicts that sales willLloyd's List - 316 words
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339 1991-01-03 25 Lloyd's List THE Group of Five's Code of Shipmanagement Standards has been finalised and published in preparation for the ship managers' club's expansion into an international association. The ship management code is the result of unprecedented cooperation between the group's five membersLloyd's List - 339 words
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328 1991-01-03 25 THE WORLD shipbuilding industry is capable of producing only 40 very large crude carriers (VLCCs) a year because of capacity restrictions, workforce ability, technological standards and price competition, according to a new Japanese survey. The survey, produced by the Tokyo-based Japan328 words
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458 1991-01-03 25 Lloyd's List THE Maritime Trades Department (MTD) of the American Federation of Labour/Congress of Industrial Organisation has launched an attack at the US Congress against giant American Telephone Telegraph Co (AT&T) for suggesting that it may place two deep-sea cable-laying newbuildings onLloyd's List - 458 words
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182 1991-01-03 25 GOOD NEWS for those planning to spend the Chinese New Year holidays across the Causeway. Both Singapore Airlines and Malaysia Airlines will increase flights on both legs of the Singapore-Kuala Lumpur and Singapore-Penang routes to cater to the traditionally higher182 words
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NEWS SUMMARY
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Article65 1991-01-03 25 AMONG the most prominent figures in Hongkong business is Dr Helmut Sohmen. Austrianborn Dr Sohmen is chairman of World-Wide Shipping Agency, which controls vessels of around 11.5 tonnes deadweight nearly a fifth of the total Hongkong fleet. In an interview with Lloyd's List, Dr65 words
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35 1991-01-03 25 EASTERN Germany's shipbuilding industry, struggling in a more competitive market, has less than a month to come up with a survival strategy. Its deadline is Jan 25. Back Page35 words
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35 1991-01-03 25 TWO US cellular telephone companies announced definitive agreements for their sale on Monday after they were unable to raise the cash to meet year-end bank loan payments. Back Page35 words
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25 1991-01-03 25 THREE European insurers including Denmark's Topdanmark A/S and Sweden's Wasa are discussing an alliance which will involve strategic cross-shareholdings Back Page25 words
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LOG BOOK
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101 1991-01-03 26 LICENSED port limit tankers now have yet, another new anchorage, the Sultan Shoal Petroleum 'B\ to anchor their vessels. The Port Master's Department has advised masters using the anchorage, created on Jan 1, to take note of a submarine pipeline near the southeastern boundary.101 words
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Article122 1991-01-03 26 AIR INDIA has decided to discontinue from Jan 31 its two weekly Boeing 747 flights to Sydney because of continuing losses. An airline statement yesterday said that though Air India flights on the sector commanded "a reasonably high load factor", they were registering losses122 words
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Article64 1991-01-03 26 A HIGH-SPEED TRAIN crushed to death two girls playing on Tuesday on a rail bridge near Avignon, a southern French city, police said. The conductor told investigators he did not have time to brake. The TGV train, capable of traveling 300 km per hour, was travelling64 words
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Article62 1991-01-03 26 SALES OF PETROL in Bulgaria will be suspended for about two weeks because of an unprecedented shortage, state radio announced on Tuesday. The radio cited a decision by Petrol, the state gasoline company in reporting the measure, effective yesterday. Exempt from the sales ban are62 words
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Article47 1991-01-03 26 AN EMPTY commuter train began moving and rolled for three kilometres before it was intentionally derailed as it headed into Chicago's Union Station, officials reported. Passengers were removed from the station platforms as the rogue train bore down on the station on Monday afternoon.47 words
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59 1991-01-03 26 RAIL AND AIR FARES were also due to rise in the USSR, causing further hardship in a country where family members are often separated by long distances. Train tickets were expected to double in price, but offices of the national carrier Aeroflot were closed59 words
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Article31 1991-01-03 26 SMALL OIL and natural gas reserves have been discovered at Dhamrakhi in the Pakistani province of Sindh, the petroleum and natural resources ministry said on Tuesday.31 words
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Article, Illustration1950 1991-01-03 26 Lloyd's List - Among the most prominent figures in Hongkong business is Dr Helmut Sohmen. Austrian-born Dr Sohmen is chairman of World-Wide Shipping Agency, which controls vessels of around 11.5 tonnes deadweight nearly a fifth of the total Hongkong fleet. In an interview with Lloyd's List, Dr Sohmen puts forward1,950 words
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Article938 1991-01-03 26 Jan 18: The Fifth Chua Chor Teck Memonal Lecture on Hull Structural Failures Repairs by Profesor M. Mano, of Kinki University, Japan at the Auditorium, Singapore Polytechnic. Lecture at 6.00 pm. For further enquiries call Ms Yeo at 278-9444. Jan 24-27: Airport. Port and Transport Exhibition APEX *91,938 words
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Article13019 1991-01-03 34 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 maximum13,019 words
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Article3269 1991-01-03 39 A Containerline NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK PN) Adkris Business Corporation Philippine: Calsource Shpg <& Trdg Pte Ltd (S) Ahrenkiel 1 iner Service: Kim Shpg Trdg(S). A Ibarras Sen-Air Service: Frata Shpg3,269 words
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Article244 1991-01-03 39 Abacus Couriers Td: 545-8011. Fax: *****98 Air Express Travel Td: 533-5771. Fax: *****44 Airborne Freight C orporation Td: 542-8844 Fax: *****16. *****80 Airswift Worldwide C ourier Td: 278-0188 Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Td: 344-3377. Fax: *****50. Cluster link Supplies244 words
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Article1466 1991-01-03 39 Abex Express Freight Td: 542-7171. Fax *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroliak Freight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air1,466 words
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Article1560 1991-01-03 40 AUSTRALIA Gladstone: Coal: Clinton 1 and 2: 1 vessel loading, 2 waiting; 12 vessels due by Jan 14; 5 days delay expected. Barney Point: Coal: berth vacant; 5 vessels due by Jan 29; no delays. Auckland Point Coal: berth vacant; 1 vessel due by Dec 31; no delays.1,560 words
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Article546 1991-01-03 40 ARRIVALS DEPARTURES Op High! I>pe ETA T From Op Flight Type LID 1 To TODAY TODAY KAL KE697 B747F 0220 I SEL KAL KE697 B747F 0450 I BKK NCA KZ203 B747F 2005 I NRT SIA SQ822 B747F 0540 2 BOM/LON FDX FM75 B747F 2235 1 ATL/BOS/JFK/ ANC/NRT/TPE546 words
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Article106 1991-01-03 40 VESSELS SOLD FOR FURTHER TRADING Bulk carriers Spring Eagle: 37,651 dwt and built 1983. sold to Far Eastern buyers for a price in the region of US$l2.7 to US$l2.B million. Dang Muroi: 17.032 dwt and built 1974, sold to Taiwanese interests for about US$2.2 million. Others J arena:106 words
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Article387 1991-01-03 40 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Port Agent Ports of Calls JANUARY 01 03 Andaman Princess 2100 1900 Lines International Penang-Sin-Phuket 05 05 Sea Goddess II 0800 1800 Thoresen Co Penang-Sin-Pelangi 06 06 Oceanos 0800 1200 Wallem Shpg HoChiMinh-Sin-Colombo 06 07 Song of Rower387 words
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SHIPS IN PORT
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Article568 1991-01-03 41 teMl Voy No Berth Arm* *1 °»rtw Kaood WfcMm Ho«v Hock ***** P3W 02 01/2359 0301/0900 Andaman Pas 01A/90 (P K36 02 01/2030 J/*}* JHOJ/JOOO 0301/2300 Esperarua Ac 14 K30 akx«Side 0201/2300 *«>° JL E SSl/llS So ?3M Kota Benar 878 K31 aloraide 0201/0400 Kuta 21WB P3W568 words
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Article1166 1991-01-03 41 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Record Bootaf/Mwco Rjfc Sip Voy No Etb/Btr Pwiod From To From AQ Rose 7A 04/1500 2 02/1700 03/0659 03/0900 4 03/1200 03/1459 03/1700 Amafaa KCN012 05/0600 3 03/0700 03/1159 03/1400 4 03/1200 03/1459 03/1700 Anson *****N 04/1500 3 03/0700 03/11591,166 words
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Article380 1991-01-03 41 Port Klang Berth at South Port on Jan 2: 1: ml; 2: Queen Chie; 3: Jin Ji Ling; 4: Swee Ann Satu; 5: nil; 6 Pelego Iso; 7: New Line No 1; 7A: Pernas Safari; J.Shell: ml. KCT: 8; Uni Master; 9: Anna Maersk; 10; Tokio Express.380 words
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Article844 1991-01-03 41 FIXING activity was limited on Friday and saw the Baltic Freight Index (BFI) marked down four points to 1,446. Most business was seen on the US/Japan grain routes. US Gulf/Japan was fixed at a steady US$25 a ton for 52,000 long tons heavygrain/sorghums/soyas. But US North Pacific/Japan was844 words
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Article, Illustration362 1991-01-03 42 Lloyd's List EASTERN Germany's shipbuilding industry, struggling in a more competitive market, has less than a month to come up with a survival strategy. The deadline set by the Deutsche Maschinen-und SchifTau AG (DMS) supervisory board is Jan 25. However, Volkswerft GmbH ofLloyd's List - 362 words
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310 1991-01-03 42 NYT TWO US cellular telephone companies announced definitive agreements for their sale on Monday after they were unable to raise the cash to meet year-end bank loan payments. Graphic Scanning Corp will be sold to Bell South Corp, one of the seven regionalNYT - 310 words
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490 1991-01-03 42 Lloyd's List THREE European insurers including Denmark's Topdanmark A/S and Sweden's Wasa are discussing an alliance which will involve strategic cross-shareholdings. The name of the third partner in the alliance has yet to be disclosed. The move follows the Danish Tryg Group's agreement to sellLloyd's List - 490 words
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Page 25 Advertisements
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Advertisement203 1991-01-03 25 S| SWEEHENG METAL CO PTE LTD No. 13. Tuas Avenue 14, SPORE 2263 FAX: 861-2946 TEL 861-5855 (5 LMES) I ■tei M Commercial Cleaning Equipment Industrial Maintenance Equipment I Also buy,sen rental repair want to catch up The Straits Times issues are condensed toa,ei!sue For other reasons, send in your203 words
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Advertisement52 1991-01-03 25 Air Forwarders 15 Air freight Schedule 16 Contaner Schedule 17 Courier Services 15 Cruse I Ferry Schedules 16 My Fraghts 17 Index to Advertisers 3 Port Condrtxxß 16 Shppwg Agents 15 Shppng Gurte 10,11 Stysales/Tanker Rates 16 Shps m Port 17 Smgapore Tries 17 Transport Diary 2 Weather and Sea52 words
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Page 26 Advertisements
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Advertisement156 1991-01-03 26 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap156 words
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Advertisement8 1991-01-03 26 The Cockett report was not available at press-time.8 words
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Page 27 Advertisements
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Advertisement2114 1991-01-03 27 JARDINE SHIPPING AGENCIES %llla# 200 Cantonment Road #12 05 Southpoint. Singapore 0208 All If# in *****11 telex no bs 24 its fH I I m TERMINAL,CFS Tel *****18 220 F BftVfl BOOKINGS Tel *****34 235 L VWQr >J °ESAKA JARDINE SHIPPING AGENCIES SDN PORT KELANG TEL: *****18 TELEX NO MA*****2,114 words
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Advertisement987 1991-01-03 27 MDEXI TOMWEKTISERS Page Col Page Col A|| M ABC Containerline 13 5 Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 18 2^3 Albatros Sea-Air 14 4 3 4/5 APL 5 3-5 oMISC 14 1-3 APC Line 13 4 M sia Shpg Corp 9 1/2 Arrow Lines 9 5 Mendelssohn ASCL987 words
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Advertisement2122 1991-01-03 27 mamsssasm NEXT MIDDLE EAST SAILING TORBEN MAERSK V.9101 ETA SIN 11/1/91 Vessel Voy ETA I ETD 'Port "Penang DESTINATIONS Singapore Kelang I This Mm Margreihe Macsn 9102 Feeder by cv ***** mrs Farco BMBIHHI HBIHBB HIBI CFS 7/1 HPS M Taofo OAK LGB HOU MEM ATL MIA CMS BAL PHL2,122 words
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Page 28 Advertisements
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Advertisement1192 1991-01-03 28 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HONG KONG EXPRESS 98/501 371 28/1 22/1 24/1 217 i 27/1 CITY OF EDINBURGH 93/503 5/1 22/1 25/1 27/1 TOKIO EXPRESS 97/506 13/1 30/1 1/2 4/2 BENAVON 98/508 20/1 6/2 8/2 11/2 MONTE ROSA 11/507 24/1 18/21,192 words
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Advertisement504 1991-01-03 28 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANG2I-28/1 9/2 11/2 16/2 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO. APIA i NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP L. J. BONTANG2I-28/1 1/3 2/3 5/3 Also accepting Cargo to Callao (Peru) via Valpa Agent*: SINGAPORE: *****56504 words
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Advertisement1392 1991-01-03 28 ESI &xmm regular independent full container service WESTBOUND FOR EUROPE VSL VOY S,N ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA NORASIA SUSAN 9044 3 06/01 27/01 21/01 02/02 03* 04/02 05/02 06/02 07/02 NORASIA MUBARAK 9046-3 21/01 26/01 10/02 15 02 16/02 17/02 18/02 19-'O2 21*021,392 words
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Page 29 Advertisements
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Advertisement1817 1991-01-03 29 I zzSSSteamers Maritime Holdings Ltd P&O ■> WM STRAITS SHIPPING ■ML ~L. f" *3 SlHfapon to Bnml EMI Malaysia, Containers MJ® vt .■I M■■■ Mj?i3TTwn«yiippgHTnrTrTM jjiiuijU.lHM W-I-jii>iii Voy No PKlanj Spote S'ton H'buit B'tuvti If dam Leh ACCEPTS DUE SAILS HONGKONG EXPRESS *501 »TEX 31 12 03,01 294)1 2301 25.011,817 words
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Advertisement1729 1991-01-03 29 TO: EUROPE TO: FAR EAST SPORt MK MO HOB BU SP IM 9DM HAM I N«« ITm FIX MANJIH FFLtXSTONt OBM HI Ml 11/1 M l 17,1 S T. 241 «r ",i an m cmoyanc puk out I*l mi m u, 1 an i r JSi JJI n l> 11,729 words
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Advertisement379 1991-01-03 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION AMBALIKA TANJONG SEKI TRADER PRIOK PINE VOY NO 14 59 8 25 Spore S/l 7/1 9/1 22/1 P Kelang 7/1 9/1 11/1 24/1 Penang 13/1 Yangon Mongla Chittagong Calcutta Yokohama 22/1 24/1 Nagoya 20/1 22(1 Osaka Senboku 18,'1 20/1379 words
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Page 30 Advertisements
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Advertisement697 1991-01-03 30 RHU CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL.VOY S PORE RDAM ADAM H BURC BREMEN ANTWERP MATARAM,2»yB 29/1 6/3 11/3 15/3 17/3 fast transit time ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|«ct to Inducement. Also accepting cargo to Casablanca. Port Said. Port Aleiandrla. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO697 words
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Advertisement809 1991-01-03 30 HANJIN SHIPPING I Yy FULL CONTAINER SERVICE iS pore I LEH RIM ANR HAM BRV FEL FEEDER VSL SIN LINE HAUL LAX OAK 7 1 23/1 24; 1 25/1 25/1 27/1 28/1 HANJIN FELIXSTOWE 005t 11(1 H OAKLAND 021 1W W 12,1 30,1 31/1 1/2 1/2 3(2 4/2 CHOYANC PARK809 words
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Advertisement266 1991-01-03 30 EUROZONE FREIGHT SERVICES PTE LTD NO N MAXWUI ROM) 1 2 <n MUMU MOU* SMCAPOOC 0'0« rei niiwi m LiNtsi fa* msirt tui ?«joo tv sr* Weekly Express FCI. LCL CONSOLE SVCS. TO/FROM TAIWAN HKG BKK USA UK EUROPE Services To: BRUNEI. E MALAYSIA F. EAST PORTS PROVIDE INT L266 words
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Advertisement1331 1991-01-03 30 i j .T-jrrq^T]^^ IPKL SCP HKC KSC KLC PUS MKT OSK NCY SHU TYO LAX CHS BAL NYC LMV ANW RON THP HBC PSO CUB PKL SCP I H E GROWTH RE 030 21In Pt H *1 tl/1 14/1 I*l I*l mWI 21/1 1/2 11/2 I*2 16,2 2*2 27/2 21/21,331 words
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Page 31 Advertisements
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Advertisement1872 1991-01-03 31 T NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K t.-(03) *****33, P.Kelang-(03) *****87, Penang-(04)1,872 words
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Advertisement1056 1991-01-03 31 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND vessels vQYAg spore manila hkowc voyage spore pklanc neons bhaven rmuir1,056 words
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Page 32 Advertisements
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Advertisement1530 1991-01-03 32 K" "v jr'' M v AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR NO **********0 M) I TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 I H I m M I M MALAYSIA HARPER WIRA SDN BHD J/L A TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 HBB KAWASAKI KISEN KAISHA, LTD.1,530 words
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Advertisement1189 1991-01-03 32 PHILI-ORICNT UN€5 PT€ LTD 108 ROBINSON ROAD #07 00 ***** BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA Sgcajgf WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5 JAN MONTREAL, OTTAWA, TORONTO. HHWBHHIIMIIMIIHBHIHIIViI vancouver, s'western ontario. 71,189 words
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Page 33 Advertisements
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Advertisement1503 1991-01-03 33 jggggHll PACIFIC INTERNATIONAL LINES (PTE) LTD SiSß'S'tM PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV S,N BKK S EOEN 9,01 T, 8/1 Twi PEGASUS PIONEER 114N S/1 B/1 12/1 MAJAPAHIT 6758 S I KOTA 9101 13,1 EOEN 1«1 ,31,503 words
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Advertisement1126 1991-01-03 33 r BENLINE containers ltd > 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY SPORE PKLANG S HAMPTON HAMBURG BHAVEN R'DAM LHAVRE Hong Kong Express" 98/501 3/1 28/1 22/1 23/1 21/1 27/1 City o» Edinburgh 93/503 5/1 Via1,126 words
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Advertisement331 1991-01-03 33 mm. MYANMA •pMk HVE STAR LINE w (Myanmar National Line) Loading for Yangon (Rangoon) (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI6SW In Pt MYOMAYWA VI3IW 8/10 Jan HPA-AN VISBW 4/6 Jan THE BANK LINE (A service of Andrew Weir Shipping) VT SEMI-CONTAINER SERVICE \1331 words
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Page 36 Advertisements
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Advertisement806 1991-01-03 36 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT MJTBOUND SIN FIX BRV ROM ANT HBC MUtRINCtN WMIO3 SM 30/1 2*l 1/2 31/1 27/1 GERMAN SEN WFHM VI 24/1 2VI 27/1 21/1 PARIS SEN WFIOS 12/1 3/2 4/2 M V 2 SACMSEN NMIO4 15/1 10/2 »/2 12/2 11/2 1/2 PANAMA806 words
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Advertisement957 1991-01-03 36 mm TEL: *****88/*****22 OUR CONSOLIDATION SERVICES 10: EUROPE 5 JAN 12 JAN LONDON ROTTERDAM FELIXSTOWE ANTWHP SOUTHAMPTON HAMBUR6 MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 11/01 18/01 MANILA 5/01 12/01 PENANG 11/01 A 18/01 BUSAN 5/01 12/01 BANGKOK 5/01 4 10/01 TOKYO 10/01 17/01 HONG957 words
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Advertisement252 1991-01-03 36 LOADING FOR VESSEL SPORE CBO DSN BAIRES MVIMO RIO STS VIT PAGUA MOSTYHEN > JSfl 31/3 11/4 24/4 9/4 OPT MMU DISCHARGING FM BRAZIL VESSEL SPORE MM MNL ME *0* NCO *08 MOSTWEEN I VMSOII a/2 S/3 I*3 13/3 Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med252 words
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Advertisement1233 1991-01-03 36 'fejfa tEU *5. 1*1" Sp china ocean shipping company FULL CONTAINER LINER SERVICE TEL SL™ p 2. MtSTRI ROAD, HMC BUILDING FAX: *****66 #15 00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: COSTAR SHIPPING PTE LTD VESSEL/VOY SCP FIX WOT HAM ANT DKK VESSEL/VOT r.» ROT HAM1,233 words
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Page 37 Advertisements
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Advertisement790 1991-01-03 37 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \ll IPI Destns 5/1,11/1 EUROPE all Ports 5/1, 12/1 BANGKOK 5/1, 9/1 HONGKONG/CHINA 4/1, 8/1 SYD, MEL, ADEL, BKIS 6/1, 11/1 FREMANTLE 8/1, 16/1 MANILA 4/1, 11/1 PKLG/PENANG 5/1, 12/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Panang Branch790 words
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Advertisement260 1991-01-03 37 RICHFIELD MARINE AGENCIES (S) PTE LTD Sk TEL: *****33 (12 Llnee) m FAX: *****15/*****03 IfTIJ TELEX: R8 ***** RISHIP (3 Lines) \W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA I LOACH NO FOR SPORE ABBAY WONZ 27W8 S/02 DARESSALAAM. MOMBASA DJIBOUTI ASSAB260 words
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Advertisement670 1991-01-03 37 maskapai pelayaran WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ670 words
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Advertisement567 1991-01-03 37 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL VOY SPOtl CED MANILA SIAM PAETRA 59N Thur In Pt Sun 6/1 KITI BHUM 018 4/1 10/1 12/1 WANT* BHUM 22N Thur In Pt Sun 6/1 SD STAR 02A 11/1 17/1 19/1 UNLINK j*? Fri 4/1 Hon 7/1 KITI BHUM (HB 18/1 24/1567 words
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Advertisement386 1991-01-03 37 TO AUSTRALIA/NEW ZEALAND [va Em iFraa |H>M H* IS** IP CMALH tht express 2*3 sft m »a Si w *5 w I MUOtC 2MM ift M 14H W sfl »j Si mussel2K Si Si w W Si Si c. verouk m ~w Si Si Si Si n/S Si Also accepting386 words
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Page 38 Advertisements
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Advertisement1204 1991-01-03 38 'm. a MAC-NELS SINGAPORE) EXPORT TEL: limit IMPORT TEL: 555 |l TEL (04) *****6 KK TEL (008) *****0 TAWAU TEL (089) *****9 KELANG TEL (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 l-iV/\ JIJ BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL (087) *****9 TEL: (21)1,204 words
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Advertisement382 1991-01-03 38 blue star line 11 liy^^ r SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH &_PO RT CHALMERS ACCEPTING FCLhLCLFOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIV AUCK IVT PROSPECT 10S In Port U J»n Vi» NPt382 words
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Advertisement1100 1991-01-03 38 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES~ SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH jaja wt leta Inn nxm wr I eta «t KIM SOON LI 01/91E 05 JAN1,100 words
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Advertisement118 1991-01-03 40 IK" jM 3 k« v B|| w x T flf Scalpel...scissors...sutures...BusinessTimes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. kep we informed 10 maxlmlse re,urns on Essential information accessible every business day your money. through Business Times. operate, he needs H£MS!£lff 2L sound118 words
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Advertisement111 1991-01-03 40 MANILA FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE T MANILA VIGOUR PACIFIC 26N8 06/01/90 7 11/01/91 VIGOUR PACIFIC 27N8 15/01/91 I VIGOUR PACIFIC L_ 28NB 25/01/91 1 30/01/91 ALSO ACCEPTING CARGO TO CEBU JAKARTA VIGOUR SHIPPING AGENCIES PTE LTO PORT KELANG EAGLE LINER (M) SON BHO PT CATUR BENUA INTERNUSA NO111 words
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Advertisement133 1991-01-03 40 JESSELTOM W 5 SMN UIC BilMl* #15 09. 8»n 0106 Tain: RS ***** Fax: *****37. Til ***** M ACCEPTING CARGO ETO ETA ETA ETA AT PPT PS SPORE MUARA LBN KK APRIL GLORY WOIE/91 3/1 6/1 7/1 8/1 EASTERN GLORY VOIE 91 5-7/1 B'l 11/ l 12/1 13/1 APRIL GLORY133 words
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Advertisement64 1991-01-03 40 interoceanN V WJ) LINE {78, 2nd Floor Jatan 2/71, Taman Tun Of. Ismail. ***** KL. Tal: *****34, *****94, *****29 TLX. NO. MA-***** FAX; 03-*****11 Penang Off: Tal: *****7, *****2 ti.CL/FCL LOADING FOR AUSTRALIA SYO, MELB, ADE, BRIS. FREM UK/EUROPE LE HVE, HBG, BREMEN. R DAM, GENOA. ANTWERP, UK PORTS SCANDINAVIA"64 words
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Page 41 Miscellaneous
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Miscellaneous438 1991-01-03 41 TIDES AND WEATHER -~imi m m »i mmi mm n r>it mrrmi mr mwu mam t***»»*»*'•??m*m. mmmm.mmmm.nartn ■»m-vm TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 MOO 0700 0100 ****************************************1900 2000 2100 2200 2300 JR 2.3 2.6 2.7 2.5 2.0 1.6 li 1.1 1.2 1.5 2.1438 words
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Page 42 Advertisements
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Advertisement254 1991-01-03 42 CHARTPOINT Every Saturday in Business Times KWE-Kintetsu World Express (S) Pte Ltd (SEA FREIGHT DIVISION) WEEKLY CONSOLIDATION SERVICE TO JAPAN FCL/LCL TOKYO/YOKOHAMA/ 8/1/91 KOBE BANGKOK 8/1/91 KEELUNG/KAOHSIUNG 8/1/91 HONGKONG 8/1/91 TEL: *****66/7/8 TLX: R*****1 FAX: *****20 T Hi PERKINS SHIPPING PERKINS DIRECT SERVICE TO DARWIN WITH CONNECTIONS TO PT. HEDLANO/BROOME254 words
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Advertisement738 1991-01-03 42 JkHYUND/Mll MERCHANT MARINE CO. LTD. gI i m Iwl] J luhZIKIh I afll ipj Umhl lak EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN CGM PASCAL 01E U/T" 17/1 4/2 7/2 10/2 9/2 HYUNDAI PIONEER738 words
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Advertisement639 1991-01-03 42 CHARTPOINT Every Saturday in Business Times WAREHOUSE NOW AVAILABLE FOR IMMEDIATE OCCUPATION. CLOSE PROXIMITY TO THE PORT. AMPLE PARKING LOTS, LOADING BAYS, ETC INTERESTED PARTIES, KINDLY CONTACT FOR MISS LAY CHOO {TZtZTZ, fv»» PMCIPKL |HMh*r Vtwl Ivor SIN I LAX |OAR IMOU lOAL I CHI, I NOR MCM I *»YC639 words
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