The Business Times, 9 January 1991

Microfilm: NL17380
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday January 9 1991 75*
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  • NEWS SUMMARY
    • Article
      South Korea acting to ease trade friction with US
      78 1 SOUTH KOREA is to take active steps, ineluding modifying some positions, to try to ease friction with its biggest trading partner, the US. US ambassador Donald Gregg is expected to meet Trade and Industry Minister Lee Bong-suh either today or tomorrow.
      78 words
    • Article
      Pico founder fined
      31 1 PICO ART International's founder has been fined 56.000 for making a false declaration in an application to the Stock Exchange of Singapore for a public listing Page 2
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    • Article
      High hopes for agency
      39 1 MALAYSIA'S first credit rating agency is expected to boost investors' confidence in the local bond market and provide the impetus for the corporate sector to raise long-term funds, says the Malaysian Prime Minister Page 7
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    • Article
      Bank denies rumours
      36 1 THE PHILIPPINE central bank has denied rumours that large numbers of depositors are emptying their accounts at a commercial bank, as the government obtained bankers' pledges to lower prohibitive interest rates Page 7
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    • Article
      Dispute hampering aid
      29 1 JAPAN'S economic assistance to the Soviet Union will be hampered as long as a territorial dispute with Moscow drags on, say Japanese business leaders Page 8
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    • Article
      Blow for E Europe
      33 1 EASTERN EUROPE'S already battered economies now face a further blow: they must pay for all imports from the Soviet Union and other former allies in hard currency Page 8
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    • Article
      Smaller pay rises
      22 1 THE TALK in Hongkong is that both private and public sector salary increases will shrink this year Page 11
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    • Article
      Fleshy's the fashion
      16 1 THIN's not in. Fat is, as long as it is firm Page 17
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    • Article
      Bid for incentives
      33 1 PHILIPPINE shipbuilders will press for the immediate passage by Congress of a Bill granting them tax incentives to make them competitive with their Asian counterparts. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      31 1 SHARE PRICES opened slightly higher on Wall Street yesterday with the Dow Jones index of leading industrials gaining 3.96 points to 2,526.73 in the first five minutes of trading.
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    • Article
      Footsie lower
      41 1 IN THE WAKE of sharp falls in Tokyo and New York, share prices in London moved lower in thin trading at midday yesterday. The Footsie index of 100 leading shares was down 12.5 points at 1200 GMT at 2,100.8.
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    • Article
      Bank planning revamp
      33 1 BANK of Commerce will take the opportunity to restructure its organisation to form an investment holding company upon the completion of the proposed merger with United Asian Bank Page 3
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    • Article
      Exceptional waiver
      32 1 MALAYSIA'S Panel on Takeovers and Mergers may in exceptional circumstances waive strict compliance with the requirement of the opinion of a named independent valuer in a general offer Page 3
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    • Article
      Pessimistic outlook
      41 1 THE US Federal Deposit Insurance Corp's chairman says the number of American bank failures this year could more than double from his previous estimate of about 180 if there is a Gulf war and a bad recession Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Tuesday Change BT-MGA 573.86 -8.99 Kuala Lumpur 485.64 -9.99 Hongkong 3.009.42 -17.10 Tokyo ...22.897 84 -838.73 Sydney 1,236.9 -2.6 Monday Change New York 2,522.77 -43.32 London 2,113.3 -12.8
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SS 1.7590 Yen SS 1.2905 MS SS0.6453 Money market rates Overnight 4-3/8% +1/2 3-month 4-1/2% -1/8
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS392.80 USSI.80 Rubber S'pore Feb 151.00*/kg -0.50 M'sia Feb 237.00*/kg unch KL Tin Turnover 43 tonnes-33 Spot MS 15.15 /kg -0.05 Crude palm oil Turnover 1,614 lots -920 Jan M$890/tonne -9
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  • Article, Illustration
    SIA pledges to maintain network and staff size
    380 1  -  'Steady as she goes' will be the group's strategy By Conrad Raj SINGAPORE AIRLINES will not reduce its capacity, shrink its network or slash its workforce despite the difficult situation in the New Year because of worldwide economic slowdown and inflation. Giving
    380 words
  • Article
    Gulf fears drag shares down but boost US$, oil, gold
    380 1 WORRIES OF WAR continued to push share prices of major stock markets lower yesterday while giving the US dollar, oil and gold a further boost. Mixed expectations of today's last-ditch talks in Geneva between US Secretary of State James Baker
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  • Article, Illustration
    Lock icon Outlook in Gulf blcsk as Aziz scoffs at the idea of a pullout
    479 1 The Gulf Crisis Agencies IRAQI Foreign Minister Tareq Aziz has laughed off the notion his country might withdraw from Kuwait by next Tuesday's UN deadline, making peace prospects in the Gulf bleak. He further deflated guard- ed
    Agencies  -  479 words
  • Article
    Lock icon US budget deficit likely to rise by US$ 50b
    163 1 Reuter THE 1991 US budget deficit is likely to be US$5O billion more than previously estimated because the recession will cut tax revenues, the Washington Post said yesterday. The Post said Bush administration figures now put the budget for the fiscal
    Reuter  -  163 words
  • Article, Illustration
    Goh leaves for Jakarta on courtesy call
    390 1  -  By Chuang Peck Ming PRIME MINISTER Goh Chok Tong leaves for Jakarta this morning on the first of his courtesy calls on the Asean countries as the new head of the Singapore government. Accompanying Mr Goh are Mrs Goh; Foreign and Community Development
    390 words
  • Article
    Lock icon Time for anti-trust laws, Indon Parliament told
    107 1 Reuter THE HOUSE Speaker has told the Indonesian Parliament that it was time to have anti-trust laws, and he said he believed the government was preparing legislation. Mr Kharis Suhud told Parliament: "We have always stated that economic concentration on one group in
    Reuter  -  107 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      173 1 BRI INcR Aircraft Schedule 27 Money Changer Rates 27 World News 8,9 Commodities 26 Money Market 25 World Stock Markets 24 Cryptic Crossword 27 Regional News 7 Editorial 10 Regional Stock Markets 23 Foe market indices, editorial, Financial News 6 SES 18,19 advertising and circulation e* Futures Options 25 Share
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    • Advertisement
      Page 1 Advertisements Column 2
      16 1 Foreign forces may have to stay: Kahd, Pg 9 Shamir claims \rab for retaliation, Pg 9
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    • Advertisement
      Page 1 Advertisements Column 3
      174 1 LEVI'S BOUTIQUES: #B1 64 Wisma Atria Tel *****58 #01 24 forum Gal let ia IH *****85 #01 09 Shaw Leisuie Gallery, Tel *****74 #01 41 Pafkway Parade Tel *****84 #01 19 Chinatown Po.nt. Tel *****27 #01 03 Adelphi Shopping Complex Tel *****69 SIA to stop using Cairo as transit point,
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        OUB and Tat Lee lower prime rates as well
        127 2 OVERSEAS UNION BANK is to reduce its prime rate by a quarter point to 7 per cent today. It is the last of the Big Four banks to do so. OUB is also cutting the interest rates for fixed deposit of
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      • Article
        Opportunities in CBOT futures
        91 2 THE CHICAGO BOARD OF TRADE (CBOT) will be conducting a half-day seminar on "Trading Opportunities in CBOT Futures" next Monday. The afternoon seminar, for individual and institutional investors, will be held at Marina Mandarin Hotel. It will be conducted by Ronna Karesky, the board's education and
        91 words
      • Article
        New rule short-sighted: SDP
        89 2 CRITICISING the proposed 15-cent-a-litre petrol tax increase as revenue-oriented, the Singapore Democratic Party yesterday called on the government to reduce the tax on unleaded petrol by at least 40 cents instead, to induce motorists to make the switch. If the price differential between leaded and unleaded
        89 words
      • Article
        COE tender draws 5,000 bids
        57 2 ABOUT 5,000 BIDS were received by the Registry of Vehicles (ROV) against a total of 3,700 certificates of vehicle entitlement (COEs) available for February. The count was made yesterday morning after the COE tender's closing date on Monday for all seven categories of vehicles. The
        57 words
      • Article
        BAT offers arts scholarship
        66 2 BRITISH-AMERICAN Tobacco Co (S) Ltd invites applications for its 1991 "Scholarship for the Arts" award tenable at the Royal Scottish Academy of Music and Drama in Glasgow, Scotland. Launched last August, the $120,000 scholarship offers budding local artistes the opportunity to enrol for either the Diploma
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      • Article
        Qing porcelain on display
        53 2 COPIES OF Qing Imperial porcelain and other early-20th Century Chinese ceramics are on display at the Empress Place Museum. The exhibition of 165 masterpieces of early-20th Century Chinese porcelain belonging to a Hongkong collector was opened yesterday evening by Senior Parliamentary Secretary (Information and the Arts)
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    • Article
      Pico Art founder fined $6,000 for false declaration
      556 2  -  By Quak Hiang Whai PICO ART International founder Chia Siong Lim was yesterday fined $6,000 by a district court for making a false declaration when applying for a public listing for his company. Consequently, Chia, who resigned as director of the Pico
      556 words
    • Article
      Chia: early school leaver made good
      195 2 PICO ART International has very much been in the news in the last few years. It won the Productivity Award in 1987. In 1988, Pico Art became the second local multinational to be given Operating Headquarters (OHQ) status by the Economic Development Board. Also
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    • Article, Illustration
      NETS unveils 5-year expansion plan
      401 2  -  By Diana Oon NETS (Network For Electronic Transfers) plans to expand its network to cover almost 40 per cent of the retail and service sectors in Singapore by the end of 1995. This was part of the company's five-year plan revealed yesterday by NETS' general
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      60 2 flr WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO SWEDEN. We've reduced the IDD rate to Sweden by 66% Which means that the Standard Rate is now $4 20 per block of one minute So you get more talk for less Call IDD. It costs so little but
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Lock icon Bank of Commerce plans holding company
      569 3 Bernama BANK of Commerce Bhd will take the opportunity to restructure its organisation to form an investment holding company upon completion of the proposed merger with United Asian Bank Bhd, chairman Datuk Mohd Desa Pachi said yesterday. Addressing shareholders at the company's annual general
      Bernama  -  569 words
    • Article
      Lock icon Tractors unit expects BMW sales to rise 50pc to M$ 300m
      333 3 Bernama AUTO BAVARIA Sdn Bhd, the franchise holder for BMW vehicles in Malaysia, expects sales of the German luxury cars in the country to reach about Ms3oo million this year from Ms2oo mil- lion last year. The company, a
      Bernama  -  333 words
    • Article
      KMP's managing director joins Inno-Pacific's board
      173 3 INDONESIAN-OWNED KMP Pte Ltd, which last year bought a 20 per cent stake in listed Inno-Pacific Holdings, has put its managing director Tan Kong King on Inno-Pacific's board as a director. Mr Tan's appointment and that of another new director, Mr George Ting Yew
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    • Article
      Inno-Pac says it has good title to 12.86 m Lucky Man shares
      373 3 TO FURTHER queries from the Stock Exchange of Singapore, Inno-Pacific Holdings declared yesterday it has good title to the 12.86 million shares in Lucky Man Properties it recently acquired, having entered into sale and purchase agreements with the
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    • Article
      Lock icon Far East Hldgs earnings set to exceed forecast
      240 3 MBT SOON-TO-BE-LISTFD Far Hast Holdings of Malaysia expects to exceed its forecast pre-tax profit of M 58.33 million for the year ending December 1991, if the present I recovery in crude palm oil (CPO) price is maintained. Chairman Abu Daharisosman said the
      MBT  -  240 words
    • Article
      Lock icon KL takeover panel may vary valuation rule
      288 3 MBT THE PANEL on Takeovers and Mergers in Malaysia may in exceptional circumstances waive strict compliance with the requirement of the opinion of a named independent valuer in a general offer. The requirement may be waived where the interest of the shareholders seems
      MBT  -  288 words
    • Article
      Hour Glass rights issue undersubscribed by 9pc
      254 3 SUBSCRIPTION for The Hour Glass's $19.2 million rights issue has fallen short ol the total amount by just over 9 per cent, the company said yesterday. At its closing on Jan 4, the locally-listed watch retailer said it had received acceptances for $17.37
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    • COMPANY BRIEFS
      • Article
        Antah unit buys major stake in UK company
        100 3 ANTAH HOLDINGS (AH) has announced that its whollyowned subsidiary, Antah European Holdings (AEH), has agreed to acquire a 75.1 per cent stake in UK-based JW Carpenter. Under the terms of an agreement, AEH will, subject to the consent of Carpenters' shareholders, subscribe
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      • Article
        Sports Toto raises Singer stake
        96 3 SPORTS Toto Malaysia Bhd said it had purchased an additional 6,361,000 shares in Singer Holdings (Malaysia) Bhd in the open market from Nov 30, 1990 to Dec 21, 1990 for M 524.12 million or at an average cost of M 53.78 per share. These purchases
        96 words
      • Article
        HLC buys more Mycom shares
        40 3 HONG LEONG Company (Malaysia) Bhd, a substantial shareholder of Mycom Bhd, says it has acquired another 196,000 shares in the company on Dec 27, 1990 bringing its total shareholding in Mycom to 27.63 million shares.
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      • Article
        Fleet's offer letter out on Jan 14
        145 3 THE DESPATCH of the prospectus and provisional letters of offer in connection with Fleet Holdings Sdn Bhd's restricted offer for sale of the rights to allotment of 124.28 million new shares of Msl each in Faber Group Bhd will be on Jan 14,
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      • Article
        Purchase of Kamunting shares
        42 3 YAYASAN Terengganu says its shareholding in Kamunting Industries Bhd has risen to 6.40 million shares following a bonus issue of 880,750 shares on Dec 27, 1990 and a bumiputra issue of two million shares on Dec 19, 1990.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      351 3 Innovation Technology in BT every Tuesday I 1 60 A lOT AT SHERATON lITTIE THINGS MEAN A lOT AT SHf RATON lITTIE THINGS MEAN A lOT AT (g) Z z I *> o z that he could hardly get out of bed to i AT z Sheraton Utama, open the
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Toshiba develops new CFC dissolving technology
        90 4 TOSHIBA CORP has developed technology which can dissolve certain types of chlorofluorocarbons (CFCs) known to be destructive to the earth's ozone layer. The technology, which uses ultraviolet rays and an alkaline reagent, is an easier way to dissolve CFCs than currently available methods, a
        90 words
      • Article
        Sumitomo setting up Viet offices
        127 4 JAPAN'S Sumitomo Corp said on Monday that it was setting up representative offices in the two Vietnamese cities of Hanoi and Ho Chi Minh City. The major trading company obtained permission for the action from the Vietnamese government last month and will open up the
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      • Article
        Seoul to ease investment rules
        105 4 SOUTH KOREA will relax reporting requirements on foreign investment in local manufacturing concerns gradually from March 1 by switching from the current approval to a notification system. "The new regulation on foreign investment aims to simplify the rules and to allow domestic and foreign firms
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      • Article
        A Korean Newsweek edition
        95 4 WASHINGTON POST Co's Newsweek magazine said it has signed a letter of intent with Joongang Ilbo newspaper of Korea to develop a Korean-language edition of Newsweek. Newsweek said its English-language edition of Newsweek International has a weekly circulation of about 37,000 in Korea and will continue
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      • Article
        Mitsui tie-up at Shenzhen port
        84 4 TRADING HOUSE Mitsui and Co Ltd and construction company Kumagai Gumi (Hongkong) Ltd will build warehouses and distribution facilities at a deepwater port in Shenzhen, China, scheduled to open in 1993, a Mitsui spokesman said. They have already bought the right from the Chinese government
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    • Article
      Toy retailer holds sale in bid to pay off debts
      314 4 THE SECOND biggest toy retailer in the US, Child World, has launched a US$lOO million sales programme to raise cash to pay oil US$27l million owed to banks and toy suppliers, the South China Morning Post said on Monday. Child
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    • Article, Illustration
      Ch'ng Poh raises interest in IHD Holdings to 68pc
      375 4 IHD HOLDINGS chairman Ch'ng Poh has increased his stake in the listed company from 54 per cent to 68 per cent following a reshuffling of shares with the Tan family, the South China Morning Post has reported. Under a shareholders' agreement
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    • Article
      Lock icon Hyundai develops car engine of its own design
      307 4 AFP SOUTH KOREA'S biggest car maker, Hyundai, has developed a car engine of its own design and technology for the first time, Hyundai announced on Monday. It said that the 1,500 cc engine, code-named Alpha, will be built into Hyundai's subcompact passenger
      AFP  -  307 words
    • Article
      Lock icon Malaysian Motorhomes to expand to Sarawak
      199 4 Bernama MALAYSIAN Motorhomes Sdn Bhd, a company involved in the rental of motorised holiday caravans in Peninsular Malaysia, will soon be expanding to Sarawak, its director, Robina Drew, said on Monday. The company, a 51 to 49 per cent joint venture between Australian and
      Bernama  -  199 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      67 4 J&r *!^Y'V s: v "-> 4 vj4 <40* WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO GERMANY (WEST). We've reduced the IDD rate to Germany (West) by 2.8% Which means that the Standard Rate is now $3 40 per block of one minute. So you get more talk
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Saudi Aramco heads list of largest oil companies
      236 5 Reuter SAUDI ARABIAN state oil company Saudi Aramco is again number one among the world's 65 largest oil companies, a survey by the authoritative Petroleum Intelligence Weekly (PIW) shows. Royal Dutch/Shell Group moved up to second place from its 1989 rank as
      Reuter  -  236 words
    • Article
      Lock icon Amgen and Genentech seeking growth through new products
      527 5 Reuter AS THEIR breakthrough products approach sales plateaus in 1991 and 1992, the two largest biotechnology companies plan to boost sales and earnings by moving aggressively to bring new products to market. Gordon Binder and G Kirk Raab, chief executives of Amgen
      Reuter  -  527 words
    • Article
      Lock icon Plastics recycling is profitable but not easy pickings
      861 5 NYT LONG before the recent spate of announcements of recycling plans by producers and users of plastic, Wellman Inc was quietly demonstrating that a large, profitable business could be built using waste plastic as a raw material. But Wellman's plant in Johnsonville,
      NYT  -  861 words
    • Article
      Lock icon Eagle-Picher files for bankruptcy protection
      371 5 NYT EAGLE-PICHER Industries, which faces up to 70,000 asbestos-related claims, filed a petition for bankruptcy protection on Monday. The move came three weeks after the US company fended off an effort by lawyers representing asbestos victims to force it into bankruptcy proceedings. The request for
      NYT  -  371 words
    • COMPANY BRIEFS
      • Article
        GEC unit to close research site
        96 5 THE GENERAL ELECTRIC CO pic's unit, Marconi Undeiwater Systems Ltd, will close a research site employing around 400 people in central England. The Croxley Green site in Watford will close at the end of March as part of general cutbacks by the company in
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      • Article
        EC approves Mitsubishi tie-up
        92 5 THE EC COMMISSION has approved an agreement for Mitsubishi Corp to take a 50 per cent stake in Union Carbide Corp worldwide carbon business saying the deal will have no substantial effect on European Community markets. Saying the accord "does not have any significant impact in
        92 words
      • Article
        Eagle Snacks expanding
        98 5 ANHEUSER-BUSCH Cos Inc's Eagle Snacks Inc unit expects to achieve nearly US$5OO million in revenues in 199! and will begin broad distribution of a new tortilla chip snack, the subsidiary's president said in Chicago on Monday. Eagle Snacks president Kevin Bowler said in an interview that the
        98 words
      • Article
        Hungarian firm in Saudi deal
        101 5 A PRIVATE Hungarian company said in Budapest on Monday that it had concluded a three-year contract with the Saudi Arabian government to buy as much as 36 million barrels of crude oil a year for a maximum price of U5521.50 a barrel. Laszlo Wappler, president
        101 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      37 5 Wj jjjp. I mm WIBB A Omni Marco Polo Hotel vli Singapore Informal yet elegant with classic Continental cuisine for lunch and dinner. reservations CALL 474 7141. EXT. 19 2 0/1921 i OMNI HOTELS ASIA. PACIFIC JL
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Japan's LTCB helping to revamp EIE
        96 6 LONG-TERM Credit Bank of Japan Ltd (LTCB) is helping to restructure debt-ridden EIE International Corp, a midsized Japanese company that develops and operates resorts abroad, a bank spokesman said. LTCB, which has already loaned EIE over 100 billion yen and plans to continue financially
        96 words
      • Article
        Nikko reveals misappropriation
        94 6 SALESMAN at Nikko Securities Co Ltd, one of Japan's Big Four brokerages, misappropriated 420 million yen from a client to repay debts incurred to cover the same customer's stock trading losses, a Nikko spokesmen said. He confirmed a report in the mass-circulation Mainichi Shimbun newspaper on Saturday
        94 words
      • Article
        Chase to close Bahrain unit
        51 6 CHASE Manhattan Bank NA said it was planning to close its commercial branch in Bahrain during the first quarter of 1991. The bank said in a statement this was part of a global rationalisation effort and Chase's offshore banking unit on the island would remain
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      • Article
        Nat West props up US unit
        88 6 NATIONAL Westminster Bank pic is being forced to inject at least US$lOO million into its loss-making US banking unit Nat West Bancorp within two weeks, the Times newspaper reported. The money is needed to cover provisions against bad debts on property, the newspaper said.
        88 words
      • Article
        China Trust to buy LA bank
        99 6 TAIWAN'S China Trust Co will acquire a US bank in Los Angeles and set up offices in London, Indonesia and possibly Australia, chairman Jeffrey Koo said. But he declined to give the name of the Los Angeles bank or financial figures for the acquisition.
        99 words
      • Article
        Bank of England bill offers
        84 6 THE BANK of England said it would invite an early round of bill offers from the discount houses after forecasting a money market liquidity shortage of around £900 million. Among the main factors affecting the position, the take-up of Treasury bills and maturing assistance will
        84 words
    • Article
      Lock icon Fed chief sees more bank failures if war starts
      290 6 Reuter FEDERAL Deposit Insurance Corp chairman William Seidman said the number of US bank failures this year could more than double from his previous estimate of about 180 if there is a Gulf war and a bad recession. Mr Seidman, appearing
      Reuter  -  290 words
    • Article
      Tight money policy squeezing Indon banking industry
      408 6 INDONESIA'S banking industry is facing a tougher situation this year as the tight money policy imposed midlast year to curb inflationary pressure is likely to continue until the end to this year, the Jakarta Post said. The liquidity problem of small banks which
      408 words
    • Article, Illustration
      Lock icon Bank America keen on acquiring New England's failed banks
      726 6 NYT BANKAMERICA CORP said it was interested in acquiring the three failed banks of Bank of New England Corp and "is in discussion" with Federal Deposit Insurance Corp, which took control of the banks on Sunday. The opportunity to acquire the
      NYT  -  726 words
    • Article, Illustration
      Lock icon Softer approach may pay off for Britain's hard ECU proposal
      926 6 FT BRITAIN'S proposal for a hard ECU currency, greeted with a chorus of disdain when it was first proposed last summer, may be taking on a new lease of life. The UK Treasury yesterday published details of how the hard
      FT  -  926 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      112 6 TOUCH A HOT NUMBER. KANDA Easy Touch Key Telephone Systems As your business expands, you ean count on Kanda to grow along with you. You may start from just a few extensions, and move up to over a hundred! And at every stage, you can depend on Kanda's many built-in.
      112 words
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      Page 6 Advertisements Column 2
      137 6 Hp 1 Office units with areas ranging (ip from 1,300 sq ft to 29,000 sq ft lllv at attractive rentals. 1 j i The Adelphi is nght in the heart of the Icity, within walking distance of the h\i iJJ I I 1 I financial distnct, major office buildings J
      137 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Malaysia sets up its first credit rating agency
      393 7 Govt hopes to boost investor confidence in Malaysian bond market Bernama i RATING AGENCY Malaysia Bhd, the country's first credit rating agency, is expected to boost investors' confidence in the local bond market and provide the impetus for the corporate sector to
      Bernama  -  393 words
    • Article
      Lock icon Ruby fever helps finance Khmer Rouge
      631 7 AP RISKING land mines and malaria, thousands are flocking to the remote border area of Borai to seek their fortune in the gem-rich war zones of guerilla-controlled Cambodia. Amid bustling pool halls and rough bars where tales of adventure are related over cheap whisky,
      AP  -  631 words
    • Article
      Lock icon Suharto forms 1992 election committee
      209 7 AFP INDONESIAN President Suharto yesterday appointed a National Election Committee headed by Home Affairs Minister Rudini to organise the polls in 1992, officials in Jakarta announced. Mr Suharto also formed a 16-member supervisory committee, headed by Attorney General Singih and including representatives from the three
      AFP  -  209 words
    • Article
      Lock icon Manila denies rumours of run on a commercial bank
      273 7 AFP THE PHILIPPINE central bank has denied rumours that large numbers of depositors were emptying their accounts at a commercial bank, as the government obtained bankers' pledges to lower prohibitive interest rates. "The banking industry is in a very strong, sound
      AFP  -  273 words
    • NOTE BOOK
      • Article
        Viet PM postpones trip to Thailand
        64 7 VIETNAMESE Prime Minister Do planned visit to Thailand has been postponed from late this month to "some time" in February, a Thai Foreign Ministry official said on Tuesday .Thai and Vietnamese officials were working on preparatory arrangements for the official visit, but no dates
        64 words
      • Article
        ADB approves Philippines grant
        66 7 THE ASIAN Development Bank (ADB) said in Manila on Tuesday it has approved a US$6OO,OOO technical assistance grant for an irrigation project in the Philippines. The grant, to be funded by the Japan Special Fund run by the Manilabased ADB, will be used to prepare an
        66 words
      • Article
        Search for missing US soldiers
        83 7 VIETNAMESE and US experts are scheduled to begin a new joint search this month for American soldiers missing from the war, a Hanoi Foreign Ministry official said on Tuesday: The 13th joint search since 1988 will take place in central Vietnam starting at the end
        83 words
      • Article
        Vietnamese exports increase
        113 7 VIETNAM'S main industrial centre. Ho Chi Minh city last year increased exports to capitalist countries by 15 per cent to US$32O million last year, the official Vietnam News Agency reported on Monday. The report said the city planned to increase exports to US$5OO million in 1991. The
        113 words
      • Article
        Emperor Akihito to visit Asia
        97 7 EMPEROR Akihito and Empress Michiko will visit Thailand, Indonesia and Malaysia in June to promote friendly relations between Japan and the three countries, the Tokyo Shimbun newspaper reported on Tuesday. It will be the first overseas tour by the royal couple since the official enthronement
        97 words
      • Article
        Indon fishermen jailed
        55 7 AN AUSTRALIAN court on Monday jailed 15 Indonesian fishermen apparently signalling a tougher stand on those entering territorial waters off the northwest coast of Western Australia. It is the first time new offenders have been imprisoned. A total of more than 200 fishermen will be dealt with
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      178 7 There's no point in wasting your time with false modesty. Yet again we've set the standards the industry has to follow. The HP LaserJet 111 and HID with Resolution Enhancement Technology (RET) gives you the ultimate in sharper printing. Ikl i u t r Simple, dots, dots and more SBB
      178 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Bush names Yeutter Republican chairman
        104 8 US PRESIDENT George Bush on Monday named Agriculture Secretary and former trade negotiator Clayton Yeutter as the national Republican chairman to shape up the party for the 1992 presidential election. Mr Yeutter, 60, was the second choice to succeed Lee Atwater, disabled by an inoperable
        104 words
      • Article
        Tokyo to accept Gulf claims
        121 8 THE JAPANESE GOVERNMENT will accept trade insurance claims from Japanese companies for losses resulting from the international trade embargo against Iraq. Officials in Tokyo said on Monday that the Ministry of International Trade and Industry had conveyed the decision to about 100 Japanese companies all
        121 words
      • Article
        IMF offers loan to Prague
        77 8 THE INTERNATIONAL Monetary Fund offered Czechoslovakia U551,783 billion worth of loans on Monday, the first since the new non-Communist government rejoined the organisation last September. The money will be available over the next 14 months. About US$6l4 million will be disbursed at once. The rest
        77 words
      • Article
        Taiwan to issue NT$ 30b bonds
        95 8 TAIWAN'S Finance Ministry said it will issue NT$3O billion worth of government bonds on Thursday to help finance the budget deficit. The five-year bonds carry an annual interest rate of 9.75 per cent and will be sold to the public and financial institutions, a
        95 words
    • Article
      Lock icon Border dispute hampers aid, Japanese tell Soviets
      338 8 Keidanren: no progress on major projects unless issue is settled AFP JAPAN'S economic assistance to the Soviet Union will be hampered as long as a territorial dispute with Moscow drags on, Japanese business leaders said on Monday. Speaking after a customary New Year's
      AFP  -  338 words
    • Article
      Lock icon Chinese paper blames govt for economy's woes
      203 8 UPI AN OFFICIAL Chinese newspaper has blamed the government's ongoing economic austerity programme for creating billions of dollars in domestic debts and exacerbating regional protectionism in the country. Chinese companies owe more than 100 billion yuan (US$l9.2 billion) in a "chain of debts"
      UPI  -  203 words
    • Article
      Lock icon Moscow sends troops to enforce conscription in republics
      367 8 AP IN ITS strongest response yet to independence-minded republics, the Soviet Defence Ministry has ordered thousands of paratroopers into seven of the country's 15 republics. The troops were sent to enforce conscription and round up draft-dodgers and deserters. The ministry said the
      AP  -  367 words
    • Article
      Lock icon E Europe faces tough year of hard currency problems
      370 8 AP EASTERN EUROPE'S already battered economies now face a further blow: they must pay for all imports from the Soviet Union and other former allies in hard currency. The change from Jan I from a complex system of barter to hard-currency
      AP  -  370 words
    • Article
      Lock icon Tokyo extending car export quotas: report
      147 8 UPI JAPAN has decided to extend voluntary curbs of car exports to the US for another j year, starting April I, the Ryodo News Service reported yesterday. However, Eiichi Nakao, the Minister of International Iradc and Industry, said in Tokyo that he was still
      UPI  -  147 words
    • Article, Illustration
      Lock icon Call to scrap German capital, property taxes
      493 8 Reuter GERMAN Financc Minister Theo Waigel has proposed scrapping two taxes on property and capital held by companies in western Germany, possibly as early as next year. At a news conference in Munich on Monday, he said the taxes levied by state and
      Reuter  -  493 words
    • Article
      Lock icon Foreign forces may have to stay: Fahd
      291 9 Reuter SAUDI ARABIA'S King Fahd believes an international force will be needed in the Gulf area even after the current crisis ends, British officials said on Monday. They said the king, currently hosting a US-dominat-ed force of around half a million men following
      Reuter  -  291 words
    • Article
      Lock icon Shamir claims Arab backing for retaliation
      207 9 Reuter ISRAELI Prime Minister Yitzhak Shamir has said that Arab states in an anti-Iraq coalition have agreed that Israel has the right to retaliate if Iraq attacks it. But British MPs said after meeting Mr Shamir in Jerusalem on Monday that he had assured
      Reuter  -  207 words
    • Article
      Lock icon American Congress to vote on Gulf policy by Saturday
      268 9 AP THE LOWER HOUSE of Congress will vote on US policy in the Gulf by Saturday, Speaker Thomas Foley said on Monday. Intensive meetings are going on behind the scenes to set up a framework for the debate, but Mr Foley
      AP  -  268 words
    • Article, Illustration
      Lock icon Bush likely to act soon after UN deadline passes :
      473 9 Bush likely to act soon after UN deadline passes The Gulf Crisis Reuter THERE is no compelling military reason for the US to launch an attack against Iraq on Jan 16, but analysts say political pressure will force US President George Bush to decide on a military course soon after
      Reuter  -  473 words
    • Article
      Lock icon Investors in Asia-Pacific duck for cover
      339 9 Reuter THE PROSPECT of war in the Gulf is driving investors in Japan and the Asia-Pacific region on a flight to quality, prompting them to shun equities, buy bonds, make domestic loans and hedge all investments carefully. Problems looming beyond war the US recession,
      Reuter  -  339 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      90 8 Lunch is served at 11am for those at the top. While others are watching window just won't the clock, exercise your keep at Singapore's prerogative for an highest restaurant, early lunch. For you, f I Set lunch: $49.50+ we 're open at 11 am. y j semi-buffet: $39.50+ The best
      90 words
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      Page 8 Advertisements Column 2
      82 8 On Sale Now! SPECIALASIANINVESTMENT GUIDE 1991 Business! Wmnirv »»y%o< feO»me«Uhy the mii-hiv Kjfc«i fcw mmlock Making ihc iihk« <j« ntnnn In this issue... Management Strategies Asian methods prove more effective; guidelines for alliances; profiting from recession Philippines: Opportunities despite the problems Asian Investment Guide 1991: Advice for investors Finance: Who's
      82 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      66 9 SsSl% RENAULT 1991 CHINESE NEW YEAR HONG PAO' FOR TRADE IN* Under 1000 CC 1001 1600 cc 1601 2000 cc $***** $***** $***** RENAULT 21 B[^^9|„' Ilg5BT RENAULT 25 ARF NETT: $***** NETT: $***** RENAULT 5 ARF NETT: $***** ARF NETT: $*****5 RENAULT 19 CHAMADE ARF NETT: $***** I UNLEADED
      66 words
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  • Article
    The heart of the matter
    488 10 EDITORIAL FUNNY HOW people can acknowledge that a particular line of action makes sense, yet still feel annoyed by it. This seems to have been the case with the three-quarter tank ruling, if a survey of motorists after Sunday's announcement is anything to go by.
    488 words
  • WHAT THE OTHERS SAY
    • Article
      Invaluable guide
      203 10 THE White Paper on Shared Values, tabled in Parliament last week, is bold in the way it tackles values as a social project not imposed from above but arrived at through a co-operative and tangible venture between citizens and the state. The five core values codified by the
      203 words
    • Article
      Binding people together
      134 10 THE White Paper on Shared Values is another important step by the Government towards achieving a common national identity among Singaporeans. It contains proposed core values to bind people of different races together and help Singapore to survive and succeed as a nation. As the paper will
      134 words
    • Article
      Final bid for peace
      169 10 US SECRETARY of State James Baker will hold possibly the last senior-level talks with Iraqi Foreign Minister Tareq Aziz in Geneva tomorrow. President George Bush is aware that Iraq is trying ways and means to delay a US assault. The capture and release of hostages and
      169 words
  • REGIONAL VIEWPOINTS
    • Article
      Healthy competition
      184 10 WHILE the government recognises that the airline faces increased non-fuel operating costs in the form of higher wages and capital costs in acquiring new aircraft, it has denied Malaysia Airlines the new fare application. But another round of fare increases for international flights out of Kuala Lumpur is
      184 words
    • Article
      Call for innovative banking
      150 10 PRIME MINISTER Datuk Seri Dr Mahathir Mohamad has stressed the need for bankers "to be more adventurous" and to be more forthcoming with venture capital for selected projects that need financial assistance. Citing Henry Ford and Ray Kroc as extraordinary innovators and marketeers rather than inventors,
      150 words
    • Article
      Small mercies
      189 10 THE leadership is Beijing listens to foreign opinion only as long as the criticism is couched in conciliatory language, and expressed behind the veils of diplomacy, so that they will not be embarrassed by adverse public comment. They can point to the big improvement in China's international standing
      189 words
  • Article, Illustration
    Lock icon Paris bourse plagued by growing pains
    1014 10  -  A host of problems has beset the Paris bourse, making it hard for it to achieve its ambition of becoming the continent's leading stock exchange. Julie Sell reports Julie Sell IHT THE Paris bourse, which only a few years ago proclaimed grand ambitions to
    IHT  -  1,014 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      392 10 Chemical Week's Asia-Pacific Conference 4-7 March 1991, Marina Mandarin Singapore CONFERENCE HIGHLIGHTS n ECONOMIC OVERVIEW PROJECT/NEW VENTURE FINANCING Dr E.T.Y. Tan, Senior Management Consultant, William Dykes, Managing Director Project SRI International Finance; Peter Geldart, Vice President Project Finance; Avinder Bindra, Director Capital Markets/Syndications; Citibank Asia Pacific FEEDSTOCKS IN THE REGION
      392 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      76 10 OOONESBURY 0Y GARRY TRUDEAU THREE MVS NO. BUT USSEN. ME6, I GOT A A just isnt r,¥ enjoy great ipsa, there's going oh. (what?) i'mafraip rjght. ENOUGH FUR INGEVEfiV TO BE A FULL MOON TONIGHT. i 3D —U I'M NOT REAPY ME NEITHER LOUGH, IS MINUTE OF HOW ABOUT OUE
      76 words
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  • ANALYSIS
    • Article, Illustration
      Grim realities
      1319 11  -  It looks like Hongkong's private and public sector salary increases will shrink this year. For the past 20 months, the Standing Commission on Civil Service Salaries and Conditions of Service has been carrying out a review of salary structures and changes to pay scales should be announced this
      1,319 words
    • Article, Illustration
      Workers of Hongkong, please unite
      807 11 Hongkong workers arc among the freest in this part of the world. They can, without much fuss from the authorities, go on strike, march through the streets chanting slogans and carrying banners, stage sit-ins and protest rallies. Not a month passed last year without news
      807 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      42 11 PUBLIC LECTURE BY I PROF GEORGE C LODGE LEE KUAN YEW DISTINGUISHED VISITOR M Topic Corporate Ethics: Alternative Conceptions of Legitimacy and Purpose Date Wednesday, 9 January 1991 Venue Lecture Theatre 11 Kent Ridge Campus Time 6.00 pm j TJ 1 h-.
      42 words
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  • THE LAW PAGE
    • Article, Illustration
      The Jekylls and Hydes on our roads
      739 12  -  David Gabriel bemoans the level of violence on our roads and the inconsistency in sentencing when culprits are caught David Gabriel SOME Singaporeans seem to turn into violent monsters at the slightest provocation on the road. This Dr Jekyll and Mr Hyde syndrome
      739 words
    • Article
      High Court rules on meaning of 'quorum' in Strata Title Act
      579 12 IN EARLY December, the Singapore High Court defined the term "quorum", found in paragraph 12 of the First Schedule of the Land Titles (Strata) Act 1985. The ruling clears up any uncertainty that may have hung over the meaning
      579 words
    • Article
      Small claims: procedures must be right to succeed
      373 12 CASE Oxley Travel Service Private Limited V Lee Kok Kian High Court of the Republic of Singapore Justice Sinnathuray. THIS CASE came to the High Court as an appeal from the Small Claims Tribunal. Mr Lee Kok Kian represented several other tourists
      373 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      155 12 THE GROWTH TRIANGLE A Special Business Times Survey February 26, 1991 The Growth Triangle began casually as aji idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial taJent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they maJte a triangle of
      155 words
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      Page 12 Advertisements Column 2
      4 12 The I nfair Advantage.
      4 words
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  • SPORTS
    • SIDE LINES
      • Article
        Woking to play Everton at Goodison Park
        101 14 NON-LEAGUE WOKING have decided to play their fourth round FA Cup home tie against first division Everton at Goodison Park. Although Chelsea and Crystal Palace had both offered to stage the glamour game, the Vauxhall League club's officials decided on Monday night to
        101 words
      • Article
        French players to go on strike
        83 14 FRANCE'S first and second-division soccer players will go on strike on Jan 26 unless plans to restrict their bargaining rights are scrapped, the players' union said on Monday. The union threatened to extend the strike indefinitely if their demands were not met. The only
        83 words
      • Article
        Senna voted tops
        52 14 AYRTON SENNA, the Formula One world champion, has been voted American Sports Personality of the Year for 1990. A poll among the Federation of Sports Journalists of the Americas placed the Brazilian ahead of Mexican boxer Julio Cesar Chavez, Argentine tennis star Gabriela Sabatini and American swimmer
        52 words
      • Article
        Shoulder injury forces Lendl out
        93 14 WORLD NUMBER THREE Ivan Lendl sensationally defaulted from the New South Wales Open yesterday because of a shoulder injury. Lendl, top seed in the U*****,000 tournament, broke down midway through his second round match against Australian Wally Masur at White City Stadium. The American-based Czech
        93 words
      • Article
        Maltese beats champ Chaperon
        112 14 MALTA'S Tony Drago reached his first major quarter-final for nearly three years with a 5-3 victory over British Open champion Bob Chaperon of Canada in Bournemouth on Monday night. The temperamental Drago kept his supporters on the edge of their seats. A break of 102 put
        112 words
      • Article
        Ryder Cup team for 1991
        71 14 THE POINT LEADERS for the 1991 US PGA Ryder Cup team will compete on the Ocean Course at Kiawah Island, South Carolina from Sep 26 to Sep 29. The team will be chosen on the basis of points accumulated from Jan 7, 1990 through the
        71 words
      • Article
        New line-up for Argentina
        81 14 ARGENTINA named 25 players on Monday to its national squad, including only three veterans of the 1990 World Cup runners-up team. Argentine Football Association president Julio Grondona said that coach Alfio Basile had named three veterans of the Italy play-offs: goalkeeper Sergio Goycochea and defenders Oscar
        81 words
      • Article
        Anderson thwarts Stewart
        90 14 808 ANDERSON, who 11 times was just one dart from defeat, scrambled home 3-2 against Australian Russell Stewart after a sudden-death final set at the World Professional Championships at Frimley Green, England on Monday night. Anderson, the 1988 world champion from Swindon, took that final set by
        90 words
      • Article
        Baseball's hall of fame
        89 14 A SMALL GROUP of players are about to find out what it takes to get into the Hall of Fame. Most, such as Dick Allen, Orlando Cepeda and Jim Kaat, will have to wait for another year. Ferguson Jenkins, Gaylord Perry and Jim Bunning think they
        89 words
    • Article, Illustration
      Lock icon Upset for Fromberg at NZ Open
      282 14 AP AMERICAN QUALIFIER Chuck Adams scored a straight sets victory over third-seeded Australian Richard Fromberg yesterday in the first round of the U*****,000 New Zealand Open tennis championship in Auckland. Adams, 19, a former US Tennis Association 18's champion from Pacific Palisades, California, downed
      AP  -  282 words
    • Article, Illustration
      Lock icon Seoul Olympics champs still flying high
      380 14 AFP ANTHONY NESTY, whose life changed irreversibly after his stunning Seoul Olympics success, is on course for another major gold medal this time in the 100 m butterfly at the World Swimming Championships in Perth. Nesty, who put Surinam on the swimming map with
      AFP  -  380 words
    • Article, Illustration
      Lock icon Pete Rose is now out on probation
      628 14 NYT ONE OF THE most famous players in baseball history, and the best-known inmate in the Marion Federal Prison Camp recently, earned his release from the minimumsecurity facility on Monday after serving five months for federal income tax evasion, and was transferred to
      NYT  -  628 words
    • Article
      Lock icon Fogdo has Swede success under his skis
      599 14 AP SLALOM SENSATION Thomas Fogdo, who carries the nickname of "No 2", could be No 1 in the World Alpine Ski Championships later this month. Fogdo, who earned his nickname after a pair of second-places just before the World Cup ski circuit's Christmas
      AP  -  599 words
    • Article
      Lock icon Vatanen masters the dunes of Tenere
      194 14 Reuter ARI VATANEN of Finland and his Citroen team took a firm grip on the Paris-Dakar rally on Monday in a fiercely demanding drive through the sand dunes of the Tenere Desert. The Finn's closest rival Pierre Fartigue of France dropped out of contention
      Reuter  -  194 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      212 14 NOTICES UNITED INDUSTRIAL CORPORATION LTD (Incorporated in the Republic oI Singapore) LOST SHARE CERTIFICATES Applications have been made to the Wredors of the above named company to Issue duplicate certificates in place o( the following share certitlcales wtilch haw been reported tost or destroyed Mi. af rtaw CfUflortMte. *****47F Chow
      212 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      158 15 8 ROBI NSQN ROAD i X WITH GRANITE. SETTING A NEW STAINLESS STEEL STANDARDOF c' I I I 1 I GLASS COLUMNELEGANCE IN FREE DESIGN FOR RAFFLESPLACEIN 1 MAXIMUM USE OF THE HE ART OF THE 1 1 SPACE'ONE TENCBD* A NEW OFFICE ANT PER FLOOR BUILDING WITHIN g m
      158 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      253 16 WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word-of-mouth. jfe* HhI^BI rrabi iu wj* v For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****100r
      253 words
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      Page 16 Advertisements Column 2
      324 16 ***************1 PLUM'S ********************1 l Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil". It's all part of the menu only for Plum's Singaporean High Tea. It's a fun offering.
      324 words
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      Page 16 Advertisements Column 3
      301 16 v J *7 yjf —s Sway to the beat of Ying Yang St Heatwaves! They're MEW They're HOT They're our LATEST SENSATIONS! Alternating with Heatwaves, Ying Yang brings you hot numbers to keep you moving all night! fon dunng Happy Hours I Fashion Show on Wednesdays at 8.00 pml <
      301 words
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      Page 16 Advertisements Column 4
      332 16 0 'The Dream Unfolds Anew" Let your nights awaken to new wonders. Come back to our dream oasis of music and magic the newly refurbished, invigorated Kasbah where the magical nostalgic past, the glittering present and the shimmering promise of the future meet Each night is a flight into destiny
      332 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      720 16 TELEVISION AND RADIO A/f ~SBCI2 i S«£. ~xkcy I !i:S BUSINESS ON RADIO I\/ I 111 V* s\ I I )111 I C I t 9.30 Wednesday On 5— A Fine covers From The Deep X til V/ tillvl 7.00 PM 6th World Swimming Mess (See Our Choice). 12.10 AM
      720 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Race between a Western and two gangster movies
      649 17  -  It's time to nominate the contenders for the Oscars once again and Bob Thomas offers his choices Bob Thomas AP THE MOVIE world is looking forward to a shoot-out between a Western pioneer and two bands of modern-day gangsters for the Academy
      AP  -  649 words
    • Article, Illustration
      Lock icon The rounding of the female form
      1101 17  -  After a 20-year reign of the stick-thin look, the full female figure is in again. Hourglass forms are bursting from the pages of fashion magazines and what was once 'fat' can now be 'fit'. Molly O'Neill reports. Molly O'Neill IHT BITE by bite, women
      IHT  -  1,101 words
    • Article, Illustration
      Miss Saigon wins out against Actors' Equity
      480 17 CHATTERBOX LEA Salonga will be allowed to recreate her starring role of the Vietnamese bar girl Kim in Miss Saigon on Broadway when the hit London musical arrives in March. The decision, announced on Monday through the offices of producer Mr Cameron Mackintosh,
      480 words
    • Article
      Lock icon The exclusive Japanese Dead Brain Society
      553 17  -  Tokyo University is picking the brains of some of Japan's dead greats, writes Elaine Kurtenbach Elaine Kurtenbach AP BEHIND the tattooed skins, severed arms and rat skeletons in the musty university lab rests the world's only collection of famous brains, left to posterity by
      AP  -  553 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      213 17 AND ENTEBTAIN A Yen For Fresh Japanese Food. fcsl LUNCH: II NOON IjjwS TO 2.15PM. EB 3 DINNER: h.JOPM TO t S| .O.SPM t IB I PRICES subject f 1 89 TO 10% SERVICE WS M IBS CHARGE AND I n i n■ 4%cess Unkai flies in fresh ingredients daily
      213 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Blue chips take a heavy beating in dull market
      4658 18  -  By Diana Oon STOCK PRICES were depressed yesterday amidst heightened tension in the Gulf and the increasing possibility of war. Dealers observed some panic selling at the start of trading yesterday morning, driven by the poor performance on Wall Street on
      4,658 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3690 19 Main Board Centrepoint 50* 195 +8 4/*% Sup Metal 20« 60 +6 +11.1% NOL Pre!" 10* 510 5 +1.0% WX" 324 +4 +1.2% Sum ma Inv 85'/j f2 +2 4% UOL Wt 32 +2 +6 7% Pan Pacific 25* 49'j 1V 2 +3.1% Guthne Ln
    3,690 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      206 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Times Pub Aug 90 Jan 3 $28.013($23,423) 230(19 3) 10(9 9) Cerebos Dec 14 iul 90 $38,911 ($33,777) 12 6(11 3a) 20TEa(91Ea) L&M Oec 13 tun 90 $1.418($452) 4 3(1 5)
      206 words
    • Article
      PRELIMINARY RESULTS
      183 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Leong Huat Jan 2 Dec 89 $182l($356L) Pacific Can Dec 28 Sep 90 Sl,387L(J562h) -(0.7) Van der Horst Dec 28 Sep 90 $1,222($788) 1 8(3.3) l(-) Kl Kepong Dec 24 Sep
      183 words
    • Article
      INTERIM RESULTS
      299 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (*000) Sateias Dec 31 Sep 90 M$462L($369L) Isetan Dec 28 Sep 90 $10.458(-) -(10) MCB HWgs Dec 27 Sep 90 M$l,333($l,319l) —(2.5) Pegt Msia Oec 27 Sep 90 M$3,590($294l) Alex Hklgs Dec 26 Sep 90 $l,446l($257) Metalock
      299 words
    • Article
      CORPORATE DEVELOPMENTS
      897 20 Lan 7 Malaysian stockbroking group Rashid Hussatn Bhd and Singapore's GK Goh Holdings have teamed up to acquire a 51% stake and 30% stake respectively in Chuaco Securities (Melaka). a Malaysian securities house in Malacca Neptune Orient Lines (NOL) subsidiary Atlantis Engineering Construction has secured a $26m contract,
      897 words
    • Article
      DIVIDENDS ANNOUNCED
      488 20 Current Ex Books Dot* Total for Total tor payment date dose payable the year lost year AGS 10%<b> tan 4 Jan 18 Jan 28 10% 1?% AMP NYA Dec 14 ton 3 Feb 15 NYA 28% Ami Sled 12 61(b) Nov 29 Dec 13 ton 21 126% 81
      488 words
    • Article
      RESULTS DUE
      678 20 Singapore Stocks Last Full Ye* Company Penod Date Year Net EPS Grow Net anrouiced nk| (cants) proit last (SHOO) CMB Padifix interim Nov 13 Dec 90 29 7 132 11.616(e) BMT Intern tan 10 tur 91 254 2 1500 773 Khanf Guan interim Jan 12 Apr 91 40
      678 words
    • Article
      APPROVED ISSUES
      130 20 Company Rights Issue CauMway kn Three toe tour SO 60 per dure Ei-date Dec 10 Books dose Dec 20 Acceptance i Payment Feb 1 CIM Fine-tor'tour (a. MJ4 00 per share Li-date Nov 23 Books dose Dec 1 Acceptance Payment tan 22 M Mosaics Ore-tor-one <a. MJ1 50
      130 words
    • Article
      PROPOSED ISSUES
      335 20 Company Rights Issue Alcom One for two MSI 00 pet share Issue of 40m Cumulative Redeemable Preference Shares of MSO 10 each at MSI per share with 10m detachable TSR Bait or One-tor four ip, MS2 00 per share FAC8 Capital Reduction Scheme to reduce par value of
      335 words
    • Article
      BONDS, LOANS & WARRANTS
      708 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term far one ordinary **are CIC Wt Before 26,4/93 1 warrant phis $309 cash Caweway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant plus 50 77 norma* amount of loan stock. Ctuan Notes Chuan tkp Wt
      708 words
    • Article
      RECORD HIGHS & LOWS
      199 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Iwh: 1059 04 (4/1/91) 1991 l*t 1180.57 (4/1/91) 1991 tow: 1039 90 8/1/91) 1991 tow: 1153.48 (2/1/91) 1990 Ugh: *****3 (16/7/90) 1990 tog* 1607.12 (27/3/90) 1990 tow: 981 07 (09/11/90) 1990 tow: 1079 50 (11/10/90) 1989 huh: 1322.00 28/12/89) 1989
      199 words
    • Article
      COMPANY MEETINGS
      112 20 Sembawang Shipyard Ltd: EGM at 456 Alexandra Road, 4th Floor, NOL Building, Singapore 0511 on Tuesday. Jan 8, at 9.30 am. Cerebos Pacific Ltd: 9th AGM at Room 835, Bth Floor, Mandarin Hotel South Wing. 333 Orchard Road, Singapore 0923 on Thursday, Jan 17, at 12 noon. Asia
      112 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      89 20 FOR SUCCESSFUL MANAGEMENT OF YOUR us,niss qi Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end broadly lower in listless trading
      851 21 Bernama Reuter SHARE PRICES in Kuala Lumpur yesterday closed broadly lower in listless trading in line with the falls in major overseas markets. Some bargain-hunting was evident towards the close to lift prices from earlier lows. Brokers said fears of war in the
      Bernama; Reuter  -  851 words
    • Article
      Untitled
      2976 21 1991 last Vol Day Net Cap High Low Company Sale "000 High Low P/E Smil INDUSTRIALS 179 172 AISB 50* 172 -6 7 173 172 42.0 176.4 342 324 ASM 50« 332 unch 37 332 324 29.6 1362.8 296 282 Acidchem 282 -7 21 285 282 121.3 255 250 Ajinomoto
      2,976 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      137 21 UP. LIVING IT EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
      137 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks fall sharply on bearishness over Gulf crisis
      2231 22 Reuter TOKYO STOCKS yesterday finished sharply lower in thin trading, with the benchmark Nikkei Average closing below 23,000 for the first time since Dec 6, 1990. The declines stemmed from general bearishness over the Middle East crisis, fuelled by stop-loss selling by
      Reuter  -  2,231 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Tokyo's sharp decline sends market lower
      1937 22 Reuter HONGKONG STOCKS yesterday finished lower in dull and directionless late trade following early losses on the back of Tokyo's sharp decline, brokers said. The blue-chip Hang Seng Index closed 17.10 points down at 3,009.42 after sliding to a low of 2,992 in the
      Reuter  -  1,937 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks post fourth straight loss
      • Article
        AUSTRALIA
        920 23 THE AUSTRALIAN sharemarket slid to its fourth straight loss yesterday after a day of see-saw trade highlighted by sharp falls in offshore markets. Brokers said investors had deserted stocks ahead of talks today between US Secretary of State James Baker and Iraq Foreign Minister Tareq Aziz over the Middle
        920 words
      • Article
        Untitled
        82 23 Close Plw*iow Jan 8 SYDNEY All Ordinaries Index 1,236.9 1,239.5 -2.6 All Industrials Index 1,884.2 1,891.9 -7.7 All Resources Index 738.1 736.6 -0.8 Turnover (million) 66.12 47.19 18.93 BANGKOK SET Index 590.37 595.36 -4 99 Turnover (million) NA 16.71 JAKARTA Composite Index 401.65 404.82 -3.17 MANILA Composite Index 593.78 601.97
        82 words
      • Article
        BANGKOK
        687 23 THAI stocks closed mostly lower as the market held its breath for the outcome of talks between the US and Iraq in Geneva, brokers said. The SET Index fell 4.99 points to close at 590.37 on a thin 699 million baht turnover. Siam Cement lost six baht to end
        687 words
      • Article
        TAIPEI
        368 23 TAIWAN share prices fell across the board in sluggish trade yesterday as fears of a war in the Gulf swept through the marked dealers said. The weighted index closed 215.54 points, or 5.1 per cent, lower at 3,975.53 compared with Monday's 4,191.07 finish. Turnover fell to NT529.2 billion from
        368 words
      • Article
        MANILA
        452 23 TRADING volume tumbled as war jitters continued to sweep Philippine bourses a week before the UN deadline for Iraq's pullout from Kuwait expires. The Manila Stock Exchange composite index fell 8.19 points, closing at 593.78 from Monday's level of 601.97. "War jitters are keeping traders away," said Fe Paller,
        452 words
      • Article
        SEOUL
        833 23 SEOUL stocks plunged across the board in very thin trade as selling by nervous individuals weighted the market down and concern about the Middle East crisis kept institutions on the sidelines, brokers said. The composite stock index ended the day at 659.68, shedding 16.97 from the previous session. Turnover
        833 words
      • Article
        Untitled
        420 23 In local currency In S$ In (JS$ di) year day year day year JAN 07 Index change change change change change change World 352.4 -0.7 -24.2 -1.4 -26.7 -1.9 -20.7 tEafc 465.7 -1.0 -31.6 -2.0 -31.8 -2.5 -26.2 Europe 358.3 -1.3 -20.5 -2.6 -16.4 -3.1 -9.6 Pacific 780.3 -0.7 -38.4
        420 words
      • Article
        JAKARTA
        615 23 THE Jakarta stock index closed down 3.17 points at 401.65 after shares fluctuated widely in active trade. Cigarette firm Sampoema, hit by rumours, denied by the company, that there had been a fire in one of its warehouses, fell to a low of 4,650 before recovering to close down
        615 words
      • Article
        NEW ZEALAND
        261 23 THE New Zealand share market followed other bourses to end sharply lower in thin trade yesterday, as investors positioned themselves for a possible war ih the Gulf. The fall, following a 1.7 per cent slump overnight on Wall Street, reflected easier prices among just a few market leaders,
        261 words
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  • WORLD STOCK MARKETS
    • Worst drop on Wall St in two months
      • Article, Illustration
        NEW YORK
        1069 24 FRESH signs of problems in the US banking system, a heightening ot Mideast fears and worry about the US economy yielded a bumper crop ot losses tor Wall Street stocks on Monday. Shares fell for the fourth straight day. The Dow posted its worst drop in two months,
        1,069 words
      • Article, Illustration
        LONDON
        820 24 LONDON stocks were easier at midday yesterday but off the early lows with sentiment continuing to be depressed by the Gulf crisis, while volumes were thin with operators awaiting events in the Middle East, analysts said. "It's a phoney market, we're sitting on the sidelines just waiting for what
        820 words
      • Article
        AMSTERDAM
        252 24 DUTCH shares traded easier at yesterday's midsession but had recouped some of their morning losses in line with stock markets in London and Frankfurt, dealers said. By 1230 GMT the CBS tendency index was 0.3 points down at 78.0 after earlier dipping to 77.6, its lowest level since Iraq's
        252 words
      • Article
        Untitled
        79 24 Jan 7 Close PrrriMB NEW YORK Dow Jones 2,522.77 2,566.09 -43.32 NYSE Financial 118.27 120.61 -2.34 SAP 500 315.44 321.00 -5.56 Turnover (million) 131 141 -10 LONDON Financial Times 30 1.647.8 1,659.5 -11.8 FTSt 100 2,113.3 2,126.1 -12.8 Turnover (million) NA 315.5 AMSTERDAM CBS Tendency Index 78.3 79.5 -1.2 FRANKFURT
        79 words
      • Article
        JOHANNESBURG
        331 24 JOHANNESBURG gold share prices opened higher yesterday, after the bullion price strengthened to around US$393 an ounce, dealers said. Vaal Reefs opened five rand up at 230 rand. Driefontein firmed 75 cents to 40.50 rand while Fregold gained 65 cents at 30.50 rand. Harties was 25 cents up at
        331 words
      • Article
        BRUSSELS
        152 24 THE Belgian stock market opened generally weaker yesterday, with declines outnumbering gains by 19 to seven. Volume was slightly brisker than early Monday. 'It's still the Gulf problem, along with underlying weak industrial prospects," one broker said. Among losers, Groupe AG slipped 300 francs to 6,500, Delhaize 20 to
        152 words
      • Article
        PARIS
        267 24 FRENCH shares trimmed their losses at midsession yesterday but the market remained gripped by fears that a Gulf war is imminent, traders said. The CAC-40 index fell 11.20 points, or 0.75 per cent, to 1,496.62 at 1221 GMT, after plunging at the opening to 1,474.79. That level was just
        267 words
      • Article
        FRANKFURT
        283 24 GERMAN shares were quoted about one per cent lower in quiet pre-bourse trading in Frankfurt. Traders cited fears of an imminent war in the Gulf along with weakness on Wall Street and in Tokyo as factors behind the fall. New York share prices dropped 1.7 per cent and Tokyo
        283 words
      • Article
        TORONTO
        249 24 TORONTO stocks slipped further from a weak midday range to close at the day's low on Monday, dealers said. "There's nervousness about the countdown toward the Mideast war," said technical analyst Bill Ram of Levesque Beaubien Geoffrion Inc. The composite index lost 15.6 to 3,201.0. Declines led advances 330
        249 words
      • Article
        Lock icon ZURICH
        457 24 Reuter SWISS shares traded lower at midsession yesterday as hopes of a peaceful solution to the Gulf conflict faded just one day before US-Iraqi talks on the crisis take place in Geneva. "Hopes of a non-military solution are clearly diminishing," one trader at a major Swiss bank said. But
        Reuter  -  457 words
      • Article
        Untitled
        123 24 Milan Jan 7 Li« Ass Gen ***** +120 Bastogi..... 287.00 -5 Fiat 5422 -22 Finsider susp Ifi Pnv ***** -390 Italcementi Ord ***** -220 Italgas 2705 -21 Magneti M Pf 870 +5 Mediobanca ***** +80 Miralanza Mondadori Priv susp Montedison 1350 unch Olivetti Ord 3174 +24 Olivetti Priv 2540 unch
        123 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback rises against D-mark on the eve of Gulf peace talks
      1260 25 REPORTS THE US DOLLAR yesterday rose against the mark in early European trading yesterday with sentiment dominated by rising Gulf war jitters on the eve of last-ditch peace talks between Iraq and the United States. Leaders in both the
      1,260 words
    • Article, Illustration
      Lock icon G-7 likely to discuss Soviet aid: Hashimoto
      208 25 Reuter JAPANESE Finance Minister Ryutaro Hashimoto said that a meeting of finance ministers of the Group of Seven industrial nations (G-7) may dwell on such issues as aid to the Soviet Union and currency movements. He told a news conference he wants to
      Reuter  -  208 words
    • Article
      FINANCIAL FUTURES
      1198 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Mar 91 92.63 92.64 92.59 92.61 9180 ***** 9513 Jun 91 92.77 92.77 92.72 92.74 4000 ***** 4156 Sep 91 92.68 92.68 92.63 92.66 800 3986 864 Dec 91 92.37 92.37 92.34A 92.37 300 3355 93 Mar 92
      1,198 words
    • Article
      Lock icon Japanese cut foreign bond investment
      168 25 Reuter JAPANESE institutional investors slashed their foreig' bond investment in 1990 to its lowest level in six yeardue to narrowing yield spreads and a strengthening yen, Japanese investment managers said. Japan's 1990 investment in foreign bonds is likely to total just under US$3O billion, or
      Reuter  -  168 words
    • Article
      INTERBANK FOREX RATES
      396 25 Cross rates Jan 8 I USS SS MS Dm Yen SFr AS NZS USS ***** 2.7245 1.5410 136.25 0.5263 1.2965 1.2862 1.6892 S$ 0.5682 1.5480 0.8756 0.7741 0.2990 0.7366 0.7308 0.9598 MS 0.3670 64 60 0.5656 0.5001 0.1932 0.4759 0.4721 0.6200 Dm 0.6489 1.1421 1.7680 88.42 0.3415
      396 words
    • Article
      MONEY MARKET
      575 25 Interbank rates SS Bid Offer Overnight 4 3/8 4 1/2 1-month 4 5/16 4 7/16 2-month 4 7/16 4 9/16 3-month 4 1/2 4 5/8 Overnight mode: 4-1/8 ISS Bid Offer 7 days 7 1/2 7 5/8 1 month 7 5/8 7 3/4 2 months 7 5/8 7
      575 words
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  • COMMODITIES
    • Article
      Lock icon Indon non-oil and gas exports up by 7.9 pc
      240 26 AP INDONESIA exported U5510.57 billion worth of products other than oil and gas in 1990's first nine months, up 7.9 per cent from January-September 1989, official figures showed on Monday. Exports of textiles and garments rose by 33 per cent to
      AP  -  240 words
    • Article
      Lock icon Brazil plans to leave cocoa body
      184 26 Reuter NEWS from Brazil on Monday that the world's second largest cocoa producer is considering leaving the International Cocoa Organisation (ICCO) has come as a surprise. ICCO officials said this was the first it had heard of any intention by Brazil to leave the
      Reuter  -  184 words
    • Article
      Lock icon Gulf war threat to metal prices overstated
      300 26 Reuter A FORECAST of plummeting base metal prices in the event of a Gulf war painted an over-pessimistic outlook for mining companies, metals analysts said. Robin Bahr, metals analyst at broker Carr, Kitcat Aitken said, "Metal prices would show an immediate knee-jerk reaction
      Reuter  -  300 words
    • Article
      HK gold hits day's low on technical correction
      845 26 REPORTS HONGKONG: Gold closed at its day's low in quiet trade on a technical correction after a sharp rise in New York on Monday. "Australian producer selling and traders liquidating their long positions pressured the metal price in Asian trading," Samuel Poon
      845 words
  • Article
    PRICES
    1404 26 Rubber Jans MSflifcliU—) Seems/kg Noon Close Int I RSS Prompt I5I.25/I52.25N 150.00/151 OON Int I RSS Feb 91 152.25/152.75 I51.00M5I.50 Int 1 RSS Mar 152.7V153.25 151.75/152.25 Int 2 RSS OP 149.50/151.50N 148.50M50.50N Int 3 RSS OP 144 50/146 50N 143 50/I45.50N Int 4 RSS OP 140.50/142. SON 139.50/141.50N Int
    1,404 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      782 26 NOTICES SIMAC INDUSTRIES PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 6th Floor Wisma Indocement Jin Jertd. Sudirman Kav 70-71 Jakarta Selatan Indonesia on Monday 31 December 1990, the following Special Resolutions were duly passed:I. That the
      782 words
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      Page 26 Advertisements Column 2
      669 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SYSTIME COMPUTERS (ASIA) PTE LTD (In M«mb«ri' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 3 Roundwood Avenue Stock ley Park Uxbridge
      669 words
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      Page 26 Advertisements Column 3
      7 26 Executive Jobs every Saturday in Business Times
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1075 27 City Flight ETA Flight ETD Abu Dhabi GA895 1225 Adelaide QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Athens 0A71 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 BaHkpapan GA524 1150 Baxter Serl SQ182 0915 Bogawan SQ181 1410 2
      1,075 words
    • Article, Illustration
      Holding out for goodwill
      572 27  -  LETTER FROM BAGHDAD By Bernard Estrade THE season of good will was still in full swing in Baghdad this week, with fairy lights from the end-of-year festivities still strung around the streets. It was difficult to believe that just over the horizon, the greatest concentration of
      572 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3580 1.3780 Canadian dollar 1.5150 1.530 NZ dollar 1.0280 1.0580 Sterling pound 3.330 3.3530 US dollar 1.7520 1.7620 Local dollars to 100 units of foreign currency Austrian schilling 15.90 16.90
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      88 27 Duration Title Venue Organiser Tel Jan 19-27 International Germany Stuttgarter (46)711/2589-0 Exhibition For Messe Und Caravaning. Kongress Motoring, Tourism Jan 21-24 Middle East Manama. Arabian Exhibition 973/*****3 Computer Show Bahrain Management WLL Jan 23-27 International Madrid IFEMA ********** Tourism Trade Fair Duration Title Venue Organiser Td Feb
      88 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      29 27 Faces fhk is. Places M ■I t nn i B ON BWWSf ,e a,csl ncws TUESDAYS hfi&k AH an(J nK)rc AND From lunch-time. FRIDAYS |l£lMglM Monday to Saturday. fKIDAra
      29 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      296 27 1 No great times to be had between midnight and —WC-—-10 Advice to policeman not ***** J sure which one stole bag(7) ""~IBB" rHi H H 11 Seaside disorder caused by 13 How the soldier when jBLZ 14 Objects to superb piece of i I 1 I I 17 Necessity
      296 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      213 27 Singapore Outlook: Showers over a few areas in the late afternoon. Forecast: Maximum temperature 32.3* C j Assoc humidity 56% Minimum temperature 23.3* C Assoc humidity 96% Hours of sunshine 11.00 Rainfall in mm Nil Rainfall this month 5.3 Rainy days this month 3 World forecast Asia-Pacific Hi/lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      8 27 EVENING STAMDAno CO. ITO IMMNI eur ft\cKn>-» I
      8 words
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  • Article
    Lock icon Indons to arrange Asean discussion on trade bloc idea
    395 28 Malaysia hoping to include other strong economies AFP INDONESIAN Trade Minister Arifin Siregar said yesterday that he would contact other members of Asean to consider a Malaysian proposal for an East Asian trade bloc. "We will discuss the proposal of (Malaysian
    AFP  -  395 words
  • Article
    Lock icon Aquino imposes additional import duty
    143 28 AFP PHILIPPINE President Corazon Aquino has imposed an additional 9 per cent duty on all imports to generate funds to pay for oil imports, the Presidential Palace announced yesterday. She said in a decree signed last Friday and made available to the press yesterday that
    AFP  -  143 words
  • Article
    US dollar may see sustained rise in event of Gulf war
    361 28  -  By S N Vasuki IN CASE of a war in the Gulf, the US dollar will once again perform the "safe haven" currency function and there may be a sustained rise in the value of the currency, predicts Mr
    361 words
  • Article
    Lock icon Seoul needs to curb inflation and high wage rises: Roh
    350 28 Reuter PRESIDENT Roh Tae-woo said yesterday that South Korea's hopes of becoming a global economic power would evaporate if it failed to arrest high inflation and soaring wage increases. Mr Roh predicted that the gross national product (GNP), which rose
    Reuter  -  350 words
  • Article
    Lock icon Tokyo economy forecast to slow down this year
    402 28 UPI JAPAN'S economic growth will slow to 3.8 per cent in fiscal 1991, beginning April 1, with business stagnation becoming pronounced in the latter half of the year, the Long-Term Credit Bank predicted yesterday. The bank based its forecast on slowdowns in
    UPI  -  402 words
  • Article
    Lock icon First major Taiwanese-Soviet deal runs aground
    433 28 Reuter TAIWAN'S first major trade deal with the Soviet Union has been postponed indefinitely because Moscow cannot begin to pay for the US$lOO million worth of merchandise it ordered, a Taiwanese company spokesman said. "We were ready to ship the goods, but now everything
    Reuter  -  433 words
  • Article, Illustration
    Lock icon Cheney still wants stealth plane despite cancelling A-12
    140 28 Reuter US DEFENCE Secretary Dick Cheney says he still wants a radar-evading stealth attack plane for the US Navy even though he has cancelled the planned A-12 and analysts say he has several ways to get it. They say Mr Cheney can
    Reuter  -  140 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      10 28 is l\/||=lF^^Sl=l —II The Richness Of Leather Handmade To Perfection.
      10 words
    • Advertisement
      Page 28 Advertisements Column 2
      266 28 IS/1 FR E S CZ I—ll r> rta'y The Richness Of Leather Handmade To Perfection. EN-BLOC SALE 36 APARTMENTS EXCLUSIVE LOCALITY NEAR BOTANIC GARDENS DISTRICT 10 Freehold Tenure 3-bedroom apartments Fully tenanted Total floor area 6,178 sq.m. (66,500 sq.ft.) Suitable for staff accommodation or service apartments operation When your business
      266 words
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  • Shipping Times
    • Article, Illustration
      Filipino shipbuilders to lobby for tax incentives
      447 29  -  From Al 0 Labita Jr In PHILIPPINES FILIPINO shipbuilders will press for the immediate passage by Congress of a bill granting them tax incentives to make them competitive with their Asian counterparts. The move, being spearheaded by the Philippine Shipbuilders and Repairers Association
      447 words
    • Article
      Lock icon Nod expected for sale of Pan Am's London routes
      378 29 NYT THE US Transportation Department is expected to issue an order this week giving preliminary approval of the sale of Pan Am's London routes to United Airlines, an official familiar with the department's policy said Monday. The order would be a
      NYT  -  378 words
    • Article
      Lock icon No progress made in EC shipping policy
      302 29 International Transport Journal IN 1989 the shipping policy of the European Community made no great progress. The Commission's proposals on the so-called positive measures to improve the competitiveness of EC shipping companies received a cool reception, to put it mildly, from the shipowners.
      International Transport Journal  -  302 words
    • Article
      Lock icon Air, sea services to be restored to Buka
      252 29 AFP IN THE first major move to lift the eight-month blockade of rebel Bougainville, the Papua New Guinea government has ordered commercial air services to resume flights to Buka Island off Bougainville's northern tip. Showing confidence that the secessionist Bougainville Revolutionary Army
      AFP  -  252 words
    • Article
      Lock icon Aussie Telecom urged to evacuate Gulf workers
      257 29 Reuter AUSTRALIA'S domestic telephone company, Telecom, under pressure to pull its workers out of the Gulf, said on Tuesday it risked losing an AsB6 million contract with Saudi Arabia if it evacuated workers prematurely. "If we want to pull those people out too
      Reuter  -  257 words
    • Article
      SIA to stop using Cairo as transit point
      326 29  -  By Dexter Lee SINGAPORE AIRLINES (SIA) will stop using Cairo as a transit point for its flights to and from Europe soon, following a six-fold increase in insurance premiums. Premiums are believed to have shot up to as much as US$lB,OOO for
      326 words
    • Article
      Lock icon Several conferences impose further surcharges
      316 29 Lloyd's List FURTHER surcharges have been announced by several conferences, primarily due to the fluctuating currency and bunker prices. Following their customary monthly review of currency and bunker adjustment factors, the member lines of the Australian Conference advised that the currency adjustment factor (CAF) from
      Lloyd's List  -  316 words
    • NEWS SUMMARY
      • Article
        Riding out the hard times
        45 29 WITH the higher fuel costs and insurance premiums resulting from the Gulf crisis, prospects for the year ahead do not seem too bright for those in the transport industry. What can forwarding companies do to cut their costs? Page 2
        45 words
      • Article
        Asian carriers cut flights to Middle-East
        65 29 ASIAN travellers are finding it increasingly difficult to fly to the Middle East as the clock ticks on towards the United Nations-imposed deadline for Iraq to withdraw from Kuwait. Some airlines in the Asia-Pacif-ic region have already suspended services to the Gulf, while others
        65 words
      • Article
        Almost all services to Jordan cancelled
        52 29 ALL foreign airlines except Air France have decided to cancel flights to Jordan, industry sources in Amman said on Monday as moves to suspend airline travel to the Middle East gathered momentum ahead of the Jan IS deadline for an Iraqi withdrawal from Kuwait
        52 words
      • Article
        Boat sellers woo buyers with innovations
        42 29 PERSUADING consumers to buy boats these days tends to be a hard sell. But manufacturers, hundreds of whom have gathered this week for the New York National Boat Show, are offering innovations as enticements Back Page
        42 words
    • LOG BOOK
      • Article
        PSA creates new petroleum anchorage
        95 30 A NEW Sultan Shoal Petroleum B' anchorage has been created since Jan 1 for use by tankers intending to stay for more than 24 hours. The anchorage is bounded by latitudes 1 degree 14.35'N, 13.733'N, 14.27'N, 14.6'N and longtitudes 103 degrees 39.05'E, 39.85'E, 39.955'E and
        95 words
      • Article
        JSL Commemorative Book
        52 30 JURONG Shipyard Ltd (JSL) has published a Commemorative Book to mark Singapore's 25 years of independence. A ceremony will be held on Saturday, Jan 12, to launch the book. The guest of honour is Mrs Tan Teck Chwee, wife of former JSL chairman, the late Mr Tan
        52 words
      • Article
        Mitsui OSK to set up US firm
        104 30 MITSUI OSK Lines Ltd will set up a new bulk-cargo shipping firm in the US and also increase the capital of its existing US management firm. The new firm, Mitsui OSK Bulk Shipping (USA) Inc, will be headquartered in New York City. It
        104 words
      • Article
        Soviet airliner offer to India
        94 30 THE SOVIET UNION has offered India its new generation Tupolev Tu-204 airliner and a delegation is scheduled to negotiate a sale with Indian Airlines later this month. A delegation from lA, the state-owned domestic carrier, had already visited Moscow to evaluate the computerised passenger plane,
        94 words
      • Article
        We're not in default: McDonnell
        73 30 McDONNELL DOUGLAS Corp said it firmly believes it is not in default on its contract to develop the US Navy's A-12 stealth attack jet and does not plan to take a charge against earnings due to the contract's cancellation. US Defence Secretary Dick Cheney cancelled
        73 words
      • Article
        No decision yet for transfer
        67 30 THE US Department of Transportation said it has not established a timetable for deciding whether to approve the transfer of PanAm Corp's London routes to UAL Corp. Transportation Department Spokesman Ed O'Hara said all procedural steps have been completed, clearing the way for a decision
        67 words
    • Article, Illustration
      Lock icon Riding out the hard times
      1797 30 With the higher fuel costs and insurance premiums resulting from the Gulf crisis, prospects for the year ahead do not seem too bright for those in the transport industry. The article below examines what forwarding companies can do to cut their costs Overseas Digest IF
      Overseas Digest  -  1,797 words
    • Article
      Lock icon WEEKLY FREIGHTS
      629 30 AFP THERE was a considerable slowdown in activity in the dry cargo market over the Christmas and New Year two-week holiday period, but dealers anticipated that fixtures would pick up again and that rates would be generally stable in the short term. The Baltic International Freight Futures Exchange
      AFP  -  629 words
    • Article
      THE SHIPPING GUIDE
      12638 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,638 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        681 45 VwmI ¥oy Ms B«rth Arrival Dapvfcn Kappai Wharves Ananas 9101 X33 ato(«ade 1301/2359 Continent 1 1/91 K29 alongside 0901/0530 Or Atto Ma 37EB CIO 11.01/0300 Htfa 1A K34 13.01/0600 Kota Megan W-627 K31 alongside 0901/0200 Kota Wangi E-880 K32 alongside 10.01/0600 Sdu Alias* 1 K30 alongside 08.01/1800
        681 words
      • Article
        CONTAINER SCHEDULE
        891 45 Record Booking/Balance Rdts Sty Voy No Etb/Btr Period From To From fa Me 29A 09/1900 1 08/1500 08/1659 08/1900 AKa AM 454N 10/1445 2 08/1700 09/0659 09/0900 4 09/1200 09/1459 09/1700 An Fremantte ***** 10/1500 1 08/1500 08/1659 08/1900 2 08/1700 09/0659 09/0900 3 09/0700 09/1159 09/1400 4
        891 words
      • Article
        IN MALAYSIAN PORTS
        245 45 Johore Port Berth 1: Barge Eastern Bright. Berth 2: Man IN Berth 3: Bua Xta. Berth 4: Hercules Berth 5: Pernas Sekcn berth 6: Bunga Dahlia 01 jetty: Yuki Kaze, Suci OCJ: Bunga Kasturi Due on Jan 8: Bunga Semarak, Geniki, Bunga Penaga, Bona. Due on Jan
        245 words
    • Article
      DAILY FREIGHTS
      1090 45 THE DRY cargo freight market on Monday saw a firmer US$26 paid for grain on the key US Gulf to Japan route, brokers said. The sub-index for this route rose slightly to U5525.90 from U5525.83, despite a onepoint decline in the Baltic Freight Index to 1,435. Further grain
      1,090 words
    • Article, Illustration
      Lock icon Asian carriers cut flights to M-East
      592 46 AFP ASIAN travellers are finding it increasingly difficult to fly to the Middle East as the clock ticks on towards the United Nations-imposed deadline for Iraq to withdraw from Kuwait. Some airlines in the AsiaPacific region have already suspended services to the Gulf, while
      AFP  -  592 words
    • Article
      Lock icon Nearly all services to Jordan suspended
      300 46 AFP ALL foreign airlines except Air France have decided to cancel flights to Jordan, industry sources in Amman said on Monday as moves to suspend airline travel to the Middle East gathered momentum ahead of the Jan IS deadline for an Iraqi withdrawal from
      AFP  -  300 words
    • Article
      Lock icon Boat sellers try to woo buyers with innovative designs
      440 46 NYT PERSUADING consumers to buy boats these days tends to be a hard sell. But manufacturers, hundreds of whom have gathered this week for the New York National Boat Show, are offering innovations as enticements. Numerous companies have redesigned products to
      NYT  -  440 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      59 29 I UTI UNITED I EJILS UASING4 SEUVKTtS PTi LTD Call Te1:471 3033 YOUR GATEWAY TO EUROPE f7 NIPPON TUSCN KAISHA X. NYKNEWS n^m d^][lCßZA\Cg^MKl][E^ M COVERS OISOPE M WDfIBIIM. [O 3 FIXED DAY DEPARTURES PER WEEK o FAST TRANSIT > TIME o DOOR-TO-DOOR DELIVERIES TO L ALL MAJOR INLAND POINTS
      59 words
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      Page 29 Advertisements Column 2
      28 29 Contan* SdwduM 17 My Fraghti 17 Into to Adwrtowi 3 Shppmt Gudt 10,11 Ships in Port 17 Singapore Tides 17 WeatJw and Sat Confctons 17 WeeWy Fre«hts 2
      28 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      102 30 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2063 31 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 OS Souttipoint. Singapore 0208 ■■rT*V AllVfr T«4 *****11 TELEX NO RS ***** gffTmn TERMINAL,CFS Tel *****18 220 TV BOOKINGS TM *****34 235 L \CCC§ M ,>ESAKA JARDINE SHIPPING ACENCIES SDN BHD H raft! KELANG TEL: *****18 TELEX NO MA***** MA***** W PENANG TEL
      2,063 words
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      Page 31 Advertisements Column 2
      1290 31 MUX TjUDVERTOERS Pmge Col Page Col T~~ Liner Shpg 16 3 Lizena 15 I n n c Lloyd Brasileiro 12 3 ABC Containerhne 13 5 «Lloyd Tnest ino 4 1/2 Accord Group I 1-3 .Lucky Seaway 15 3 Ahrenkiel Liner 16 3 Lykes Lines 1 Albatros Sea-Air 14 3 8
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      2200 31 MfluudrmumiJ NEXT USA SAILING MAGLEBY MAERSK V.9102 ETA SIN IS/1/91 VMMI Vo» ETA I ETO 'Port •P»n«nfl DESTINATIONS Singapore Kalang thi« M > Mag««by S'OJ Fmo*' t>y C* is/' 0«00 MRS Fareo HHI Hiß Hi CFS 14/1 2300 HAS M Tauro OAK IGB HOU MEM ATL MIA CHS BAL PML
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      1238 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS 97/505 1271 29/1 31/1 3/2 BENAVON 98/508 20/1 6/2 8/2 11/2 MONTE ROSA 11/507 24/1 '8/2 12/2 11/2 17/2 KASUGA 13/511 27/1 '3/2 15/2 18/2 BREMEN EXPRESS 01/510 31/1 25/2 19/2 18/2 24/2 LIVERPOOL BAY
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      Page 32 Advertisements Column 2
      482 32 il DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANG 21-2H/I 9/2 11/2 I&/2 ALSO ACCEPTING CARCO VIA SUVA TO LAUTOKA PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO L. J. BONTANG 21-28/1 1/3 2/3 5/3 6/3 7/3 Callao or
      482 words
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      Page 32 Advertisements Column 3
      1434 32 &ams regular independent full container service WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SHARJAH 9045 3 14/01 04/02 05/02 09/02 10/02 11/02 12/02 13/02 14/02 NORASIA MUBARAK 9046 3 21/01 26/01 10/02 15/02 16/02 17/02 18/02 19/02
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      1731 33 z~!jjjSteamers Maritime Holdings Ltd\ ~m W STRAITS SHIPPING! ■ML si«§apora to Braaal, East Malaysia. I Containers Mjg m*""* I toy No Pliant Spore Ston Hbui| Bh*ren R'dim Lrt I TOKIO EXPSfSS 97 505 SAN 09,01 14.01 3101 0?fl? 04,0? ACCEPTS OUt SAILS BENAYON 98,508 BAR 16,01 2201 JK.O2 ItMV 12/0?
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      Page 33 Advertisements Column 2
      1349 33 '4f nun vamp i imc weekly express container service UHU TANU LINt (ALSO ACCEPTING REEFER CARGOES) TO: EUROPE SP IH ROM MAM U/l »1 Ull 1/2 BHVN BRf TLX 111 >1 I CHOTANG VICTOR* I U/l »,1 Mil W 1' aim KceQting (Of Inland 0* dulmjlicm Anh»»»p <nd ScJmUrvaxtn »orti
      1,349 words
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      Page 33 Advertisements Column 3
      400 33 iff Hat Sun Hup Co (Pte) I tc r r "L US 22<V>' R< > -O'i*' fc. KASTKRN CAR LINER. LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS NOTE ALSO CALLING OTHER JAPANESE PORTS HONGKONG, TAIWAN I CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS
      400 words
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      709 34 fcJIHBU CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIJVOY S PORE ROAM;ADAM H BURG BREMEN ANTWERP MATARAM 4,2 8/3 13/3 16/3 20/3 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Suto|*ct lo Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS CONVENTIONAL CARGO VIA
      709 words
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      Page 34 Advertisements Column 2
      843 34 HANJIN SHIPPING FULL CONTAINER SERVICE I Spore]LlH RIM ANR HAM BRV FLL FEEDER VSL SS LINE HAUL LAX OAK CMOTANG VICTOR* IXHW 121 JO. 1 Jl 12 12 J,2 4 2 CHOTANC PARK DUE 14/1 H OAKLAND 0121 11/2 14/2 HANIIN SEATTLE 01b* .1)1 1? i! >2 »/2 112 12
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      Page 34 Advertisements Column 3
      248 34 EUROZONE FREIGHT SERVICES PTE LTD NO M) V«.>.vtll HUOO ><2 (B WUMd MOUSE SINGAPORE O'OO IH »I'S97WIMESt fW 7J35W9 ILX «S ?<2OO 1V VM W. kl> Kxprvss H I. lA*L CONSOLE SVOS. TO/FROM: TAIWAN HKG BKK USA UK EUROPE S.TVIC.-H To: ItKUNKI. K MALAYSIA F. FAST PORTS PROVIDE INT L
      248 words
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      Page 34 Advertisements Column 4
      1402 34 PKL SCP HKG KSC KLG PUS HKT OSK NOT SMI TYO LAX CHS BAL NYC IHV ANN ROM THP HBC PSD CUB PKL SCP I GRAND HEO34 9)1 U/l 15(1 1M lt/1 21/1 23/ 1 25,1 26,1 22/1 2S«I t/2 20.2 22,2 21,2 5/3 6.3 7/3 ill 10/3 20/3 30/3
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      Page 35 Advertisements Column 1
      1542 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUSTINOIA/PAK SERVICE- *****18 FAR EAST SERVICE- *****48*. M TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 IjjNjgpy CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K E L (03) E 26U03^ H p D
      1,542 words
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      Page 35 Advertisements Column 2
      1106 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUNO VESSELS VOYAGE |$PO« HKONG VOYAGE SPOKE PKLANG HBURG BHAVEN TILBURY IWTT II TIKHONOV
      1,106 words
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      Page 36 Advertisements Column 1
      1359 36 Q K LINE KAWASAKI RISEN KAISHA. LTD. j] j EXPORT N. AMERICA PACIFIC SOUTH-WEST j fIMPORT N. AMERICA PACIFIC SOUTH-WEST J FEEDER VESSEL VOf *INOO 'PK/PNC TsCP MOTHER VESSELVOY IB OAK CHI NYC MOTHER VESSEL VOY HOUS LB OA* TKY FEEDER VESSEL VOY TKY SGP QUEEN S WAY BRIOGE 1?
      1,359 words
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      Page 36 Advertisements Column 2
      1243 36 PHIU-ORI€NT UN€S PTC LTD 108 ROBINSON ROAO #0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/2238/69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGI IT FORWARDERS ASSOCIATION 5 JAN MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 7 JAN
      1,243 words
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      Page 37 Advertisements Column 1
      1439 37 PACIFIC INTERNATIONAL LINES (PTE) LTDj *****55? M m fcf PIL Building, 140 Cecil Street #03-00. Singapore 0106. 1 |JAKARTA I BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIM BKK SIN EDIN 9102 H/1 Si W PROGRESS 650N 10/1 13/1 17/1 HAI GUANG 4358 12/1 15/1 ,J /1 is/i
      1,439 words
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      Page 37 Advertisements Column 2
      1101 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQY SPORE PKLANG SHAMPTQN[ HAMBURG BHAVEN ROAM LHAVRE TokK) Express' 97/505 1371 Via BAN 30/1 2/2 4/2 Benavon f 98/508 21/1 Via BAR 6/2
      1,101 words
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      Page 37 Advertisements Column 3
      53 37 f I*. JORDAN FAR EAST LINE S.A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS Vessel/Voy SPORE SKAN IkTAN FOR Hodeidah, FORTUNE BETA Sid Sid In Pt JEOOAH, JFOOBW AQABA LOAD FM E. M'SIA INDONESIAN PORTS SUBJECT TO INDUCEMENT General Agents: BEN LINE AGENCIES (S) PTE LTD. Tel: *****22 Fax:
      53 words
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      Page 37 Advertisements Column 4
      333 37 m 1 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg MYOMAYWA VI3IW In Pt HPA AN VISBVH Sid AVA VIO6W 14/17 Jan gy THE BANK LINE (A service of Andrew Weir Shipping) \r SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY 1 EXPRESS TO PAPUA
      333 words
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      Page 40 Advertisements Column 1
      854 40 [1SR -I INF SJ N INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROW ANT HBC SAC MSI N NMIO4 16/1 11,7 10(2 13/2 12/2 9/2 PARIS SEN WFIOS I*l 912 1012 12/2 13/2 MECKLENBURG WMIUS 24/1 22/2 21/2 24,2 23/2 19/2 PANAMA SEN WFltt
      854 words
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      Page 40 Advertisements Column 2
      966 40 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 12 JAN 19 JAN LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON MAMRURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 11/01 18/01 MANILA ***** 19/01 PENANG 11/01 18/01 BUSAN ***** 19/01 BANGKOK 11/01 15/01 TOKYO 17/01 24/01 HONG KONG 15/01 19/01
      966 words
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      Page 40 Advertisements Column 3
      262 40 LOADING FOR irtSSFL SPORE CBO 06N BAiRES MVIOCO *10 STS VIT PAi.uA MOSHHtN I 7V3 11 1 1M 74,4 «,4 OPT V *ISfll 2 DISCHARGING FM BRAZIL Vtsai [~SPO«t MNG Mill KU »0« NGO HOB MOSTWfiN I y MMI 1 Hi Wl IW i Regular BBulk and Container Service Direct
      262 words
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      Page 40 Advertisements Column 4
      1266 40 f HF i£ t > w CHINA OCEAN SHIPPING COMPANY FULI. CONTAINER LINER SERVICE 2. MIST RI ROAO. HMC BUILDING TtLtx c H v s #15 00. SINGAPORE 0207 PARI FrmTARI INF CR NO: 11/*****000 M CABLE COSTARLINE General Agents: COSTAR SHIPPING PTE Lm TO EUROPE FROM EUROPE VtSSEL VOT
      1,266 words
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      Page 41 Advertisements Column 1
      789 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA VII IPI Destns 12/1, 17/1 EUROPE all Forts 12/1, 19/1 BANGKOK 12/1, 17/1 HONGKONG/CHINA 12/1, 15/1 SYD, MEL, ADEL, BRIS 14/1, 21/1 FREMANTLE 15/1, 22/1 MANILA 11/1, 18/1 PKLG/PENANG 12/1, 16/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang
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      Page 41 Advertisements Column 2
      254 41 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) \m ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONALVESS6I IVOY ETA ILOADING FOR SPORE ABBAY WON/ 21WB 502 OARESSALAAM MOMBASA OJIBOUM ASSAB MASSAWA NEFSANET ?IWB 05/03 OARESSALAAM MOMBASA DJIBOUTI
      254 words
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      Page 41 Advertisements Column 3
      700 41 |w_P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE "VSL VOY SIN JiTf PAJ
      700 words
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      Page 41 Advertisements Column 4
      1003 41 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL VOY S PORE CEBU MANILA JENLINK 39M Thur 10/1 Sun 13/1 SO STAR 02A 11/1 17/1 19/1 NANTA BHUM 23N Thur 10/1 Sun 13/1 KITI BHUM 038 14,1 24/1 26/1 SIAM PAETRA'# MN Fn 11/1 Mon 14/1 SO STAR 04A 25/1 31/1 2/2
      1,003 words
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      Page 42 Advertisements Column 1
      1267 42 Wa m MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 11 HAmBJHiPENANG TEL (04)*****6 KK TEL (088) *****01TAWAU TEL (0891/***** I -rv lIP KELANG TEL (03) *****77 KUGHING TEL (082) *****31 SKAN TEL (089) *****2 l-|V/\ Ju BAHRU TEL (07)*****2 SIBU TEL (084) *****2 LABUAN TEL (087) *****9 tel (21)*****32
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      Page 42 Advertisements Column 2
      395 42 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI KL'liliY CONTAINKRISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH Si PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIKR, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N Pit AUCK LYT MANDAMA 0588 U la" P p 7 PRFMIf R
      395 words
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      Page 42 Advertisements Column 3
      786 42 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: .33Z2673 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL I J VOY TeTA Dt ST VESSEL ~T7fIT ETA JEST KIM SOON LI 02/91E 12 JAN
      786 words
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      Page 42 Advertisements Column 4
      294 42 /^NORBULKt \UJ£UJy=* norbulk cargo services ltd. REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES SP PK LOADING FOR I ANASTASIA NB 122 15/1 11/1 RT AN J' UK I RUNICA NB 123 12/1 15/1 BELFAST/UK/RTM I SOLSYN NB-124 23/1 25/1 RDtHI/ANT/NAN/UK I [SWK SABAH LOADING FOR I NBT 35 15/1 KANDLA
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      Page 43 Advertisements Column 1
      926 43 COMPANIA PERUANA toEa DE VAPORES r* "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Kelang Singapore E'Msia KAMAL EVERETT lnPt/09 Jan 10; 12 Jan THOMASEVERETT ***** Jan 23/25 Jan KARABIEVERETT 29/31 Jin 01/03
      926 words
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      Page 43 Advertisements Column 2
      519 43 VSL Ivor Is PORE [mainliner [lax [kst [sav Inyc (hfx 1 A VESSEL 12,1 ,'M HAIFA %l 11(2 21/2 212 till 2IM PIRAEUS IAE 111 1M AMERICA 19;7 7S/2 3 3 S/3 IIJ ZIM YOKOHAMA 14E 22/1 ZIM AMERICA 2*l 3/3 5/3 7/} A VESSEL 24/1 ZIM AMERICA 19/Z 2*2
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      Page 43 Advertisements Column 3
      755 43 Msing kwang hang SHIPIMMO TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE I VESSEL Is PORE [JAKARTA I SURABAYA RAJA BHUM V 75S 12/1 15/1 [EQUATOR JOY V 11N 15/1 1— 18/1 VESSEL T S POHE BANGKOK A VESSEL 16/J 19/J A VESSEL 23/1 26/1 DESTINATIONS ETA SINGAPORE PORT KELANG 11 JAN
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      Page 43 Advertisements Column 4
      628 43 PERINTIS LINE I 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASE TIA 135 A 10/01 13/09 PELOPOH 970 l?/01 15/01 PHASE TIA 137 A 17/01 20/01 PELOPOH 971 19/01 22/01 TANTO UTAMA 133 11/01 14/01 TANTO UTAMA 135 18/01 21/01 TANTO UTAMA 137
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      Page 43 Advertisements Column 5
      385 43 SIM FAR EAST 13/1 KEELUNG/KAOHSIUNG 12/1 BANGKOK 15/1 MANILA/CEBU 12/1 JAKARTA/BELAWAN/SURABAYA 12/1 PORT KELANG/PENANG/E. Malaysia 15/1 BUSAN 13/1 TOKYO/YOKO/KOBE/NGO/OSA 15/1 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/XingangyShanghai S|N EUROPE/UK 12/1 LDN/FLX/LVP/SOU 12/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 17/1 LOS ANGELES/NEW YORK all IPI points
      385 words
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      Page 44 Advertisements Column 1
      703 44 CB SHIPPING (W) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE SPE POM MISIMA LAE T VILLI V.2058 l/l 121 IVI HI l* l lAK SPI POM MISIMA lA£ I Villi Y2ISB »1 W 11/2 I*2 M 1,1 N8 IAI CARGO TSMIP SAI» IUAN POM BUNKER SURCHARGE
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      Page 44 Advertisements Column 2
      914 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE KM V 24-90W 18/1/91 12/2/91 2/2/91 7/2/91 BA V27CW9O 19/1/91 10/2/91 11/2/91 16/2/91 SG V 25-90W 27/1/91 24/2/91 13/2/91 18/2/91 GM V2BCE9O 26/1/91 19/2/91 21/2/91 26/2/91 KVU VOIWB9O 30/1/91 20/2/91 ALSO ACCEPTING CARGO FOR MILANO LASPEZIA PROVAGUO
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      Page 44 Advertisements Column 3
      603 44 CUJi conmv inrEmnnni\ j LCL/FCL SERVICE TO/FROM M|l r=| S CUJI operate* over 600 termlneis/offioe* in U.S.A. I II m CUJI maintain* over 35,000 tractor* A truck*. V II M CUJI **rves over 60,000 point* in U.S.A. I- I fijSBI Imm J CUJI off*r reliabie LCI/FCL aervioe*. 'W. G«n*r«l Ag«nt»
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      Page 44 Advertisements Column 4
      496 44 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI IV 40% It JAN 13 JAN TAKARI I 1668 15 JAN 17 JAN TAKARI IV 4052 18 JAN 20 JAN TAKARI I 1670 22 JAN 24
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      417 45 TIDES AND WEATHER TODAY'S TIDES (hajflt in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 *****100 **********00 150Q 1(**********1900 2000 2100 2200 2300 D 1 1 14 17 2.1 2.3 2.5 2.4 2.2 1.9 1.6 13 1.1 LI 1-2 1.3 1.5 1.7 1.8 1.9 18 1.7
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      Page 46 Advertisements Column 1
      307 46 I KWANG CHUN TRADING ENTERPRISE I Fo< .nquirns 468-3000 MIITON PT. PEUYARAN. SAMUDBA AGUNG KUALA SIAK IV 9/1 BATU AMPAR/SEKUPANG/BATAM MEKAR INDAH 14/1 PEKAN BARU/DUMAI ABAOI JAYA 10/1 DUMAI/PEKAN BARU KUALA SIAK V 2S/1 BALIKPAPAN/SAMARINDA SENGGATA (TG BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA
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      Page 46 Advertisements Column 2
      727 46 [Xhyund/mI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VQY SIM HKG LBH OAK SEA CHI~ FROM PSW VQY LBH OAK SEA HKC SIN CGM PASCAL 01E 12/1 17/1 4/2 7/2 10/2 9/2 LALANDIA JSW 11/12 14/12 17/12 4/1 13/1 HYUNDAI EXPLORER 37E U/l 24/1 11/2
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      Page 46 Advertisements Column 3
      509 46 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) IS'PORE I (TON VMM SHAVEN R OM) LEX Hettirfi. IfcdiWw tor 10 express mm m an w V n r m a**"* ■f ma von m Si in n US tmmmtmmm :To Brown BSnnsv^H RDNTE mSu/W WWW- >5 :to til 0* MmxmßolNot
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