The Business Times, 6 February 1991

Microfilm: NL17399
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday February 6 1991 75«
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  • NEWS SUMMARY
    • Article
      Israel relaxes curfew in occupied territories
      58 1 CURFEW was lifted for several hours in numerous areas of the occupicd territories yesterday for the first time since war broke out in the Gulf, the Israeli authorities announced. An army spokesman said the relaxation was an exercise to test the waters but if
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    • Article
      Gorbachev declares Lithuanian vote illegal
      55 1 SOVIET President Mikhail Gorbachev yesterday declared illegal this week's scheduled vote in Lithuania to determine residents' views on the future of the pro-independence Baltic republic. Tass news agency said he issued a decree saying next Saturday's vote, described as an opinion poll by the republic's
      55 words
    • Article
      Thai triangle plan
      29 1 THE THAI Prime Minister wants to turn the Southern Seaboard Development Plan into a 'growth triangle' involving Malaysia and Indonesia, says an economic adviser Page 7
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    • Article
      Snags in ties
      24 1 THOUGH Japan is the top foreign investor in Indonesia, several difficulties have emerged recently in its relationship with Jakarta. Page 7
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    • Article
      Rate cuts ruled out
      30 1 AUSTRALIAN Treasurer Paul Keating has ruled out interest rate cuts in spite of improved trade figures and says the country's economic recession is bottoming Page 7
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    • Article
      Unrealistic budget
      39 1 US PRESIDENT George Bush's new budget all but ignores the Gulf war and portrays the recession in the rosiest light, two factors that could make it utterly irrelevant as Congress begins drafting its own budget Page 8
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    • Article
      HK airport blues
      34 1 AS China continues to be unhappy about plans by Hongkong to build a new airport and seaport, the question remains: can the territory afford this ambitious HK$l27 billion project? Page 11
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    • Article
      Repair expansion
      29 1 FAMILY-OWNED Kwong Soon Engineering is to expand its in-yard shiprcpair operations, once it shifts from Tanjong Rhu to Tuas at the year's end. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      39 1 WALL STREET opened slightly lower yesterday with the the leading blue chip index dropping 1.73 point to 2,770.54 in early trading. The Dow Jones index of 30 leading industrials closed up 41.58 points to 2,772.27 on Monday.
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    • Article
      Footsie higher
      42 1 LONDON shares were sharply higher at midday yesterday following surges on foreign markets. At about 1215 GMT, the Financial Times-Stock Exchange 100-Share Index was up 21.5 points, or one per cent, at 2,193.9. Volume was an active 436.9 million shares.
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    • Article
      Property stocks again
      22 1 PROPERTY stocks continued to dominate trading in the Singapore stock market for the second successive day yesterday Page 3
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    • Article
      Boost for Faber
      34 1 FABER GROUP Bhd's outlook. already bright following its recent restructuring exercise, has been further boosted by plans to inject 50 per cent of Projck Lcbuhraya UtaraSclatan Bhd into it Page 3
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    • Article
      AT&T may raise bid
      26 1 NCR CORP's chairman says AT&T's chairman has indicated that the US giant may pay more for NCR in its takeover bid PageS
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    • Article
      UOB steps up services
      21 1 UOB BANK making use of current slowdown to bring consumer banking to a higher plane Page 6
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    • Article
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 628.71 +8.52 Kuala Lumpur ....508.98 +8.10 Hongkong 3,345.41 +94.98 Tokyo 23,821.57 +534.21 Sydney 1353.6 33.4 Monday Change New York 2,772.27 +41.58 London 2,172.4 +6.7
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    • Article
      CURRENCIES
      18 1 Exchange rates USS SS1.7130 Yen SSI.3162 MS SS0.6363 Money market rates Overnight 4-1/4 unch 3-month 4-9/16% unch
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    • Article
      COMMODITIES
      35 1 London Gold PM fix USS367.15 unch Rubber S'pore Feb l45.00Vkg -2.00 M'sia Feb 231.50«/kg -2.0C KL Tin Turnover 30tonnes-45 Spot M$ 14.72/kg unch Crude palm oil Turnover 848 lots -81 Feb MS852 /tonne -1
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  • Article, Illustration
    Shares surge as wave of buying sweeps markets
    474 1 US dollar weakens and gold continues to languish ASIAN stock markets staged a remarkable rally yesterday as heavy buying by investors and speculators pushed trading volumes and indices to even higher levels. But the currency markets saw the US dollar weaken against
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  • Article
    Lock icon Iraq halts sale of heating oil; move seen as cracks in economy
    500 1 THE GULF mmm Agencies IRAQ stopped sales of heating oil in mid-winter yesterday, in what could be a sign that three weeks of relentless allied pounding is taking its toll on its economy. Baghdad Radio reported yesterday that
    Agencies  -  500 words
  • Article
    Inro may be forced to buy rubber to shore up prices
    388 1  -  By Shoeb Kagda FALLING rubber prices may force the International Natural Rubber Organisation (Inro) to buy buffer stocks within the next few days. Tradcrs contacted by BI said that it was only a matter of time before Inro acted
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  • Article
    Jakarta determined to beef up financial sector
    414 1  -  Task by no means complete: Finance Minister From Andrea Borch in JAKARTA THE INDONESIAN government will take action whenever necessary to promote a more efficient financial sector, Finance Minister J B Sumarlin said yesterday. "Looking to the future, scope still remains for further
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  • Article, Illustration
    High Court fines Allan Ng $50,000 but quashes jail term
    350 1 RULING that the one-year jail sentence imposed on former banker and businessman Allan Ng for insider trading was inappropriate, the High Court yesterday quashed it and fined him $50,000 instead. Justice M Karthigcsu said that although insider trading was a
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      181 1 I JHP (MM up S' ,mu!NO MA(;l 1 Aitcratt Schedule 25 Money Changer Rates 25 Weather..._ 25 Commodities 24 Money Market 23 World News 8 Cryptic Crossword 25 Regional Co News 4 Editorial 10 Regional News 7 For market indices, editorial. Financial News 6 Regional Stock Markets 21 advertising and
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      Page 1 Advertisements Column 2
      19 1 America unlikely to use nuclear arms on Iraq, Pg 9 HK may donate HKs23om to war cause. Back Pg
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    • Advertisement
      Page 1 Advertisements Column 3
      157 1 LEVI S BOUTIQUES. #B1 -64 Wtsma Atria #01 -24 The Forum #01 -09 Shaw Leisure Gallery #01 -41 Parkway Parade #01-19 Chinatown Point #01 -03 The Adetphi BLi r i/jl MNGAKNW: Hurtxrr> Miop In S»l..p I>MMAKI 1 >|s ft. hir.i lif Mljm I «k HALLE* •> RE< .KNT STKt FT
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Learning to tap polytechnic's resources
        55 2 MEMBERS of the Association of Small and Medium Enterprises (ASME) will learn how they can tap the resources of the Singapore Polytechnic to advance their businesses at a seminar tomorrow. Entitled "Technology for Living Our Industry' Link," the seminar is organised by the Chemical Process
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      • Article
        Biotechnology made simple
        68 2 TO ENHANCE the awareness of biotechnology among school teachers and students, the Singapore Science Centre and the Ngee Ann Polytechnic, with help from the Economic Development Board, have produced a publication entitled "Biotechnology Made Simple". Dr Arthur Beng, Member of Parliament for Fengshan and the GPC Chairman
        68 words
      • Article
        NUS, NTU course talks
        68 2 THE National University of Singapore and Nanyang Technological University are organising course and career information talks for prospective applicants. These talks will be open only to those applying for admission to NUS or NTU for the 1991-1992 session. Talks on courses in the NTU will be
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      • Article
        Festive hong baos
        55 2 THE Hong Leong Foundation will present hong baos worth $150,000 to some 3,000 senior citizens at its "1991 Lunar New Year Hong Boa Distribution" at the Hollywood Theatre on Saturday, Feb 9. This is the 10th year that the foundation has presented them to senior citizens during
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    • Article
      SIA gets rights to fly to Spain
      312 2 NATIONAL carrier Singapore Airlines can soon fly to Spain after the successful conclusion of an agreement between the Singapore and Spanish governments last week. Under the new Air Services Agreement, SIA and Spaaish national carrier Iberia can fly between the two countries via
      312 words
    • Article, Illustration
      Terminal 1 tenants seek further discount on rents
      447 2  -  Flow of travellers reduced since Gulf War started By Chitra Rajaram SHOPS and restaurants at Changi Airport's Terminal 1 want a further discount on their rents despite the halving of the variable part of their monthly rent last November. The Civil Aviation
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    • Article
      TDB scheme to help companies establish brands
      386 2  -  By Schutz Lee SINGAPORE'S domestic exports by local companies, which grew by 28 per cent to 11 billion last year, will be given another boost by the Trade Development Board (TDB) when it launches its latest initiative. The Brand Assistance Scheme (Brandas) will
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    • Article
      S'pore can expect to see more German business
      434 2  -  By Christoph Pauly GERMAN business activities in Singapore should increase further despite the move towards a single European market in 1992 and the heavy investments undertaken in east Germany, said Dr Michael Schacfer, the economic counsellor of the German embassy. "German companies
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      219 2 SIEMENS Ten P Southeast Asia, vm"^ service locations a MR total of over 5,000 employees in the jJIIm region, this is what Siemens in 1 if" fjC v 818 B Southeast Asia is all about. Producing B ,vw BL» o£f» JBB *»r* |j| sophisticated electronic components. B i_ 4 'WB
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Lock icon Surge in property stocks leaves analysts baffled
      440 3  -  Real test will come after profit-taking By S N Vasuki PROPERTY stocks continued to dominate trading in the Singapore stock market for the second successive day yesterday. Warrants of property development or property related companies were among the most actively traded stocks and
      Source: OUB Securities  -  440 words
    • Article
      FCC signs supplementary agreement to Bagi purchase
      216 3 FIRST Capital Corporation (FCC) has added a supplementary agreement to its acquisition of 89 per cent stake of locally incorporated British American General Insurance (Bagi). Signed yesterday, it effectively reduced from four, to two, conditions necessary for fulfillment of the acquisition. The first
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    • Article
      Lock icon Rein in rights issues: association
      146 3 Bernama THE Malaysian Investors Association has called on the authorities to slow down the issuance of rights issues to enable the local stock market to consolidate and grow in an orderly manner. In a memorandum to the Ministry of International Trade and Industry's annual dialogue
      Bernama  -  146 words
    • Article
      Lock icon Change in the air with new FACB board members
      279 3 NST FIRST Allied Corporation Bhd (FACB) is heading for change following the appointment of a new chairman and the return of a past director to its board. FACB chief executive Dr Abdul Razak said in a statement that Mr Mohamad Tamrin
      NST  -  279 words
    • COMPANY BRIEFS
      • Article
        GK Goh sets up subsidiary in Hongkong
        152 3 GK GOH Holdings Ltd has set up a new wholly-owned subsidiary in Hongkong in a move to expand its regional stockbroking operations to the Colony. The new subsidiary, GK Goh Securities (HK) Ltd, has a current paid-up capital of HK$2O which will be
        152 words
      • Article
        Keppel chairman sells shares
        27 3 SIM KEE BOON, chairman of Keppel Corporation Ltd, sold 60,000 shares of Keppel Corporation Ltd on Feb 1, 1991, at $6.60 per share.
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      • Article
        NTA for Harimau Investments
        38 3 HARIMAU Investments Ltd has announced that the net tangible assets backing for each $1 ordinary share of the company based on the group's unaudited accounts as at Dec 31, 1990, was $1.51 per share.
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      • Article
        New company secretaries
        61 3 MADELYN Kwang Yeit Lam has been appointed secretary of company for Orchard Parade Holdings Ltd with effect from Feb 5, 1991. Juliet Chua, the former secretary of company, has resigned. Over at Kim Eng Holdings Ltd, Gee Gek Leng has been" appointed company secretary, replacing Colin Ng
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      • Article
        Reynolds offer oversubscribed
        48 3 RJ REYNOLDS Bhd's offer for public subscription of 18.457 million shares has been oversubscribed by 13.9 times, MIDF Consultancy and Corporate Services Sdn Bhd said. For the portion made available for public subscription, 202,663 applications for 275.065 million shares worth M 5632.649 million were received.
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    • Article, Illustration
      Many PLUS factors for the Faber Group
      679 3  -  MARKET TALK By William Chia FABER GROUP Bhd's outlook, already bright following its recent restructuring exercise, has been further boosted by plans to inject 50 per cent of Projek Lebuhraya UtaraSelatan Bhd (PLUS) into it. Renong Bhd announced major restructuring plans over the
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      215 3 Which hotel will vou stay in, daddy? A k ANA HOTEL SINGAPORE I N- i Discuss Your Business with Malaysia's Government Ministers Determine your Malaysian investment Some of the issues that will be discussed and sourcing opportunities and how to with cabinet members include: most effectively work with the Malaysian
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  • REGIONAL COMPANY NEWS
    • Article
      Hutchison makes offer for Cavendish shares
      249 4  -  From Catherine Ong in HONGKONG HUTCHISON WHAMPOA, part of Hongkong tycoon Li Ka-shing's stable, yesterday announced a HK$4 billion offer for minority shares in its subsidiary, Cavendish International Holdings. Hutchison said it is seeking to privatise its 65.2 per cent owned subsidiary at HK$4.lO
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    • Article
      Lock icon News Corp shares surge on refinancing deal
      191 4 AFP SHARES in Rupert Murdoch's News Corp surged yesterday following revelations that the company's lenders had agreed to reschedule the company's debt and inject much needed cash, brokers in Sydney said. News Corp shares jumped 36 cents to A 56.14 (about SsB) after
      AFP  -  191 words
    • Article
      Petrosea to help develop natural gas field in Java Sea
      265 4 PT PETROSEA, a subsidiary of Australian-based Clough Engineering Group, has won phase 1 of a multi-million dollar turnkey contract for the development of a natural gas field at Pagerungan Besar island in Java Sea, 85 nautical miles north of Bali.
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    • Article
      Holiday Inns pushes ahead with expansion
      497 4 THE British parent company of the Holiday Inns group, Bass pic, has earmarked a further US$2OO million (***** million) for the hotel group's Asia-Pacific expansion despite the uncertainties caused by the Gulf War. The South China Morning Post on Monday reported Holiday Inns chairman
      497 words
    • COMPANY BRIEFS
      • Article
        Carter Holt Harvey's investment sale hailed
        92 4 SHARE analysts see Carter Holt Harvey Ltd's decision to sell its Chilean investments and lighten its debt burden as a prudent move. CHH chief executive Richard Carter said that was part of the rationale but the move was equally strategic. "When we went into
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      • Article
        HK firm to raise issued capital
        94 4 LOCALLY listed property investment firm Hongkong Macau Development Co Ltd intends to raise HK576.65 million (5518.9 million) through the issue of 289.9 million new shares at 26.5 cents each. The company said the new shares, which represent 16.67 per cent of the group's enlarged
        94 words
      • Article
        Jindo to issue convertible notes
        95 4 SOUTH Korea's Jindo Corp, a manufacturer of fur garments and containers, will issue convertible notes worth about 30 million Swiss francs (Ss4l million) in Switzerland, a company official said. The privately placed five-year notes, to be issued in mid-February, can be converted to Jindo shares
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      • Article
        Citizen hopeful on robot sales
        92 4 CITIZEN Watch Co Ltd hopes to raise its sales of industrial robots to 20 billion yen (SS26O million) in the year ending March 31, 1995 from 8.3 billion yen in 1989/90, a company spokesman said. It estimates 10 billion yen in sales by its industrial
        92 words
      • Article
        Reserve Bank appoints member
        104 4 THE chairman and former chief executive of Nylex Ltd, Mr Alan Jackson, has been appointed to the board of the Reserve Bank of Australia, a spokesman for Australian Treasurer Paul Keating said. The spokesman said Mr Jackson, who has been chief executive of BTR Nylex's 62.5
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      • Article
        Peugeot joint venture expands
        127 4 A CHINESE joint-venture with the French carmaker Peugeot will expand its operations in the southern province of Guangdong, an official newspaper reported on Monday. Mr Xu Bingjin, an official with the State Planning Commission who oversees China's automotive industry, told the China Daily that Guangzhou Peugeot
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      466 4 good ideas keep up -lip DRIVE CUSTOMERS I M Hill I 111 *****111 I S|P AWAY. I AWAY I ,f jmi Follow this rule and you will be Follow this rule and you will be assured of success. assured of success. < A good standard of service is A good
      466 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon AT&T may pay more to take over NCR
      447 5 Reuter NCR CORP chairman Charles Exley said American Telephone and Telegraph Co (AT&T) chairman Bob Allen indicated that AT&T might pay more for NCR in its takeover bid. AT&T is now offering US$9O (S$ 155) a share for NCR. Mr Exley said
      Reuter  -  447 words
    • Article
      Lock icon UPI expects to be sold off by mid-May
      360 5 UPI THE United Press International news agency says the prospects are good that it will be sold by mid-May and it has proposed the gradual restoration of a 35 per cent pay cut implemented in November. The Wire Service Guild has agreed
      UPI  -  360 words
    • COMPANY BRIEFS
      • Article
        Shake-up at Ste Generate
        77 5 BELGIUM'S giant holding company Ste Generate de Belgique is poised to change its top executive amid questions about the company's relationship with majority shareholder Cie Financiere de Suez. French business daily Tribune de I'Expansion said Mr Gerard Mestrellet, Suez's assistant managing director, was set to be
        77 words
      • Article
        IBM plan to spur retirement
        80 5 INTERNATIONAL Business Machines Corp said it eliminated the age requirement in its pension plan in an effort to encourage early retirement and reduce staff levels. Under the new plan, employees may retire with full pension benefits, after spending 30 years with the company, and need
        80 words
      • Article
        Framatome sued for failed job
        75 5 FRENCH nuclear power plant builder Framatome said an arbitration tribunal of the International Chamber of Commerce ruled last week it should pay 550 million francs (Ssl# million) to Iran's Atomic Energy Agency for a failed contract. A Framatome spokeswoman confirmed the ruling, reported at the
        75 words
      • Article
        Deutsche Babcock out of rut
        99 5 DEUTSCHE Babcock said it expects a group operating profit of around 20 million to 30 million marks (5523.5 million to Ss3s million) in the year to September 30, 1991, after a group loss of about 85 million marks in 1989/90. But Deutsche Babcock management Board
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    • Article
      Lock icon Operating earnings of Coca-Cola jump 27pc
      467 5 NYT COCA-COLA Co, the world's largest soft-drink company, said on Monday that because of large onetime gains a year earlier, its fourth-quarter earnings dropped 61.1 per cent. But operating earnings rose 27.1 per cent. Strong international sales, especially in Germany and Japan, Coca-Cola's most
      NYT  -  467 words
    • Article
      Lock icon NASD to launch complementary system
      271 5 Reuter JHE National Association of Securities Dealers (NASD) expects to launch a computerised system soon which will allow global investors to trade over-the-counter* stocks and other US-listed issues before Wall Street opens. The new system callcd Nasdaq International will operate from London before dealing opens
      Reuter  -  271 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Merrill Lynch closes Aussie operations
        79 6 MERRILL LYNCH and Co has shut its equity trading operations in Australia following a global review of operations. The closure will result in the loss of seven jobs, leaving 100 employees in Australia, it said. "Merrill Lynch s other businesses in Australia are not affected
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      • Article
        Germany to set bond terms
        104 6 THE bond consortium of German banks will meet tomorrow to set the terms on a new bond for the German Unity Fund, a spokeswoman for the Bundesbank said. A fixed amount of the new paper will be sold via the traditional banking consortium at a
        104 words
      • Article
        Deutsche issues certificates
        84 6 DEUTSCHE BANK has set the issue price on a nominal 1.2 billion marks worth of participation certificates with warrants at 120 per cent. The certificates have a 12-year maturity and pay an annual 9 per cent. Each certificate, nominally worth 1,000 marks, entitles the holder to buy
        84 words
      • Article
        More US banks cut prime rate
        109 6 THREE more big banks, Chase Manhattan Bank, Manufacturers Hanover Trust Co and Mellon Bank, have slashed their prime lending rates by half a percentage point to 9 per cent in reaction to last week's surprise rate cut by the Federal Reserve. Several of America's
        109 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article, Illustration
      UOB steps up consumer services with new system
      418 6  -  By Diana Oon THE UNITED Overseas Bank group, taking a more aggressive stance in its consumer banking, is giving its bank tellers a hand in the marketing of products. The bank intends, during the current slowdown in business due to the Gulf
      418 words
    • Article
      Lock icon Japanese use debt assets to issue commercial paper
      395 6 Reuter JAPANESE companies are starting to securitise accounts receivable to raise funds as banks become increasingly reluctant to lend money, some bakers say. Kawasaki Steel Corp, for instance, expects to complete the sale of up to 100 billion yen (551.32 billion) of
      Reuter  -  395 words
    • Article, Illustration
      Lock icon US Treasury allays fears over plan to curtail deposit insurance
      551 6 NYT THE PLAN that the US Treasury Department disclosed over the weekend to curtail deposit insurance at the nation's banks was described on Sunday by Treasury Secretary Nicholas Brady as no threat to people seeking safe institutions in which to
      NYT  -  551 words
    • Article
      Lock icon S-E Asian growth hinges more on Japanese lending
      361 6 IHT ALTHOUGH they are concerned about the negative impact of the war in the Gulf, analysts and officials in South-cast Asia say that a retreat from lending by Japanese banks may turn out to be a more serious constraint on economic growth
      IHT  -  361 words
    • Article
      Lock icon American bond yields expected to fall further
      625 6 NYT MANY US credit market analysts say bond yields, which have not fallen nearly as far as short-term interest rates have declined during the past seven months, may be about to make up for lost time. Since July, when the Federal Reserve Board
      NYT  -  625 words
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      164 6 slam* f J 5 fyr/ts/// i 5 6 A Gourmet Feast Amidst Splendid Setting 5 JH Hl W"* ""m«' s_ i -W -p ai) fT Jfc' it t iE. m V J J Imperial Cantonese Delicacies Five renowned Hong Kong chefs to tantalise your palate with authentic cuisine from their
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  • THE REGION
    • Article
      Chatichai hopes to boost Southern Seaboard project
      406 7 PRIME MINISTER Chatichai Choonhavan hopes to give renewed impetus to the implementation of the Southern Seaboard Development Project making the region an economic "growth triangle" with the support of both Malaysia and Indonesia. The Bangkok Post reported on Monday that the proposal calls
      406 words
    • Article
      Hitches in Tokyo-Jakarta economic ties
      361 7  -  By Harish Mehta THOUGH Japan is the top foreign investor in Indonesia, several difficulties have emerged recently in its relationship with Jakarta. While Japan leads the pack with investments in Indonesia worth US$9.3 billion (S$ 15.8 billion), representing a quarter of all investments, a new
      361 words
    • NOTE BOOK
      • Article
        No more Aussie sheep for Saudis unless...
        58 7 AUSTRALIA has told Saudi Arabia it will not resume shipments of live sheep until the two countries reach agreement on health guidelines for the animals. Primary Industries and Energy Minister John Kerin told Saudi Arabia's ambassador to Australia Rahman Alohaly he would not
        58 words
      • Article
        Lawlessness plagues PNG
        38 7 FOREIGN INVESTOR CONFIDENCE in Papua New Guinea is returning but "unfortunately, law and order is likely to remain a problem for some time to come", says Sir Rupert Clarke, the chairman of National Australia Bank.
        38 words
      • Article
        Govt assures Kelantan
        56 7 THE FEDERAL GOVERNMENT of Malaysia will give equal attention to Kelantan in overcoming unemployment. Deputy Minister in the Prime Minister's Department Raja Datuk Ariffin Raja Sulaiman says. According to him, several agencics have been set up in Kelantan and provided with large grants to tap development and
        56 words
      • Article
        M'sian offshore borrowings up
        66 7 TOTAL OFFSHORE borrowings by Malaysians amounted to Mss billion (553.2 billion) in the first eleven months of last year compared with offshore borrowings of M 53.7 billion in 1989. According to Abdul Murad Khalid, manager. Bank Regulation Department of Bank Negara, these borrowings were taken up
        66 words
      • Article
        Manila army needs beefing up
        62 7 THE PHILIPPINE MILITARY needs 10 years and more than 100 billion pesos (Ss6.l billion) to be on a par with the forces of neighbouring countries. C hief of Start LieutenantGeneral Rodolfo Biazon said yesterday that while there were no "visible threats" to the country at
        62 words
    • Article, Illustration
      Lock icon Mahathir and N Korean PM focus on boosting trade
      316 7 Bernama NORTH KOREAN Prime Minister Yon Hyong Muk and his Malaysian counterpart Datuk Seri Dr Mahathir Mohamad held wide-ranging talks on Monday, but the focus was on how to step up bilateral trade. Briefing reporters, Wisma Putra Deputy Secretary-Gen-eral Datuk Abdul
      Bernama  -  316 words
    • Article
      Lock icon No cause yet for interest rate cuts, says Keating
      301 7 AFP AUSTRALIAN Treasurer Paul Keating yesterday ruled out interest rate cuts in spite of improved trade figures and said the country's economic recession is bottoming. His comments in Sydney followed the release of trade figures showing Australia's current account deficit fell
      AFP  -  301 words
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      Page 7 Advertisements Column 1
      291 7 Introducing 7-dav Fixed Deposits. No matter how you E* P?W-' money never complains. So why let it rest? We re now offering 7-day MLm ffKWBHBBj Fixed Deposits. So your funds i r 5 B| stay productive, even during short y Our interest rate is among the highest in town. What's
      291 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        South Korean foreign investment up 58pc
        80 8 SOUTH KOREAN corporate investment overseas totalled US$2.2l billion (553.80 billion) at the end of last year, up 58.4 per cent from a year earlier, the Trade and Industry Ministry reported in Seoul yesterday. The sharp increase was attributed largely to businesses moving operations overseas
        80 words
      • Article
        Korean crude steel output rises
        83 8 SOUTH KOREA'S crude steel production last year increased 5.7 per cent from 1989 to a record 23 million tonnes, the Korea Iron and Steel Association reported yesterday. Officials in Seoul said the tonnage accounted for 80 per cent of the country's steel needs last year
        83 words
      • Article
        Taipei foreign trade increases
        78 8 TAIWAN'S foreign trade in January rose 39.5 per cent over the same month last year to reach U5512.91 billion (5522.21 billion), while the trade surplus for the month fell 64.5 per cent. The Taiwanese Directorate General of Budget, Accounting and Statistics said in Taipei yesterday that
        78 words
      • Article
        US restores GSP benefits
        77 8 THE US has re-established duty-free trade benefits for Paraguay, Chile and the Central African Republic in response to improved human rights records in those countries. Namibia was granted the trade benefits for the first time, after gaining its independence last March. The four may now export
        77 words
      • Article
        Chinese protest leader on trial
        92 8 A KEY LEADER in the 1989 pro-democracy movement in China was put on trial in Beijing yesterday on a charge of plotting to subvert the government. The Beijing Intermediate People's Court said the charge against Chen Xiaoping, 29, was punishable by at least 10 years
        92 words
      • Article
        Smaller harvest for China
        77 8 UNUSUALLY warm and dry weather in northern China may cut yields of winter wheat this year in spite of an increase in the area sown. The China Daily yesterday quoted a Ministry of Agriculture spokesman as saying that temperatures in the north had been four to
        77 words
    • Article
      Lock icon Phnom Penh set to hold elections next year
      154 8 AFP THE PHNOM PENH government will hold elections next year with or without a political settlement to its long-running war with the Cambodian resistance, say government officials. As a sign of its determination, the National Assembly (Parliament) voted in its biannual session
      AFP  -  154 words
    • Article, Illustration
      Lock icon Little hope of Congress support for Bush budget
      700 8 Plan downplays effects of recession and Gulf war AP US PRESIDENT George Bush's new budget all but ignores the Gulf war and portrays the recession in the rosiest light, two factors that could make the spending plan utterly irrelevant as Congress begins
      AP  -  700 words
    • Article, Illustration
      Lock icon Move to boost eastern German growth
      459 8 Reuter GERMAN Chancellor Helmut Kohl, facing rising public discontent in what used to be East Germany over the region's sluggish growth rate, has announced plans to end legal barriers to investment and to boost public works jobs. Dieter Vogcl, Mr Kohl's spokesman, announced in
      Reuter  -  459 words
    • Article
      Lock icon EC aims for one voice in foreign policies
      550 8 Reuter THE 12 European Community (EC) countries have agreed to try to harmonise their foreign policies in preparation for the post Gulf War period, in contrast to their divisions in the build-up to the crisis. "The Community intends to be present and
      Reuter  -  550 words
    • Article
      Lock icon Plan for drastic subsidy cuts upsets EC ministers
      272 8 AP EUROPEAN Community nations have voiccd strong opposition to a plan for deep cuts in costly subsidies for farmers, raising questions about a quick revival of stalled world trade talks. "Reform is supposed to be for the better, and these proposals do
      AP  -  272 words
    • Article
      Lock icon UK under pressure to slash rates
      616 8 Reuter BRITAIN'S government was under intense pressure to cut its high, inflation-fighting interest rates after new economic data on Monday showed the nation skidding into deep recession. Shop sales last year grew at their slowest since 1981, the Central Statistical Office announced. The volume
      Reuter  -  616 words
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      Page 8 Advertisements Column 1
      107 8 tJ J FORTHE TIMES.Timeless from the Neu Faces with v their best of the 60's and 70's. Swing to your favourite jMy Jjj^H music on our spacious dance floor and chat w Mu\icl un n r /®ii FASHION SHOW: EVERY MON WED AT 9PM. Ni;w PM<K Hctthl A member of
      107 words
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  • THE GULF WAR
    • Article
      Lock icon America unlikely to use nuclear arms on Iraq
      382 9 Little military advantage cited as one reason The Economist SUPPOSE an American offensive against Iraq bogged down in a bloody stalemate, and Saddam Hussein turned his chemical or bacteriological weapons against US troops with devastating effect. Might the US then use nuclear
      The Economist  -  382 words
    • Article
      Lock icon Japan goes to great lengths to help
      339 9 Asahi JAPAN will ship 30km of oil containment boom to Saudi Arabia to help protect the country's desalination facilities from the massive oil spill in the Persian Gulf, a government spokesman said on Monday. The Japanese government at the request of the Saudi
      Asahi  -  339 words
    • Article
      Lock icon Gulf spill far smaller than estimated
      204 9 Reuter THE OIL SLICK spreading across the Gulf contains perhaps 110 million litres of crude, which would make it far smaller than most estimates, according to an industry newsletter. The Oil Spill Intelligence Report said in a news release on Monday that the slick,
      Reuter  -  204 words
    • Article
      Lock icon Japan to extend US$1b aid to three Gulf states
      164 9 AFP JAPAN is to extend US$l.O3 billion (551.77 billion) of extra loans to three front-line eountrics in the Gulf Jordan. Turkey and Hgypt. Government sourees in Tokyo said yesterday that the money will be provided in eommodity loans with an interest
      AFP  -  164 words
    • Article
      Lock icon Canada suggests distribution of wealth in region
      348 9 UPI AMONG the many proposals being considered for the Persian Gulf after the war is a Canadian scheme for redistributing the wealth from oilrich Arab countries to poorer ones. Canadian External Affairs Minister Joe Clark said in Ottawa on Monday that the idea
      UPI  -  348 words
    • Article, Illustration
      Lock icon Smoke gets in your eyes, sand gets in your guns
      46 9 Somewhere in the front-lines, an American Marine just hack from heavy fighting in Rhafji stripping and cleaning his rifle in a hunker. Because of the desert sand, this is a daily procedure. Reuter picture Reuter picture
      Reuter picture  -  46 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      570 9 HOW To Get Festive Hampers Free M At Our Teleshop In PickeringStreel Our latest Teleshop is conveniently located at Pickering Street to serve the heart le inanc a district. Being the biggest Teleshop yet, we've on stock an U especially wide variety of quality telecommunications equipment priced to suit 1
      570 words
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  • Article
    Down to earth again
    468 10 EDITORIAL INTERNATIONAL coordination of monetary policy seldom failed as obviously as last week: the German Bundesbank raised its two key interest rates and a day later the US Federal Reserve responded by cutting its discount rate by halt a point. All that came along just one
    468 words
  • WHAT THE OTHERS SAY
    • Article
      Chance for fresh start
      216 10 SOUTH Africa took a big step towards rejoining the world community of nations last week with the announcement that the government was preparing to repeal the country's last major apartheid laws, including the cornerstone Population Registration Act. But it remains to be seen whether blacks and
      216 words
    • Article
      Struggle only starting
      164 10 BY ANNOUNCING the removal soon of the remaining laws on apartheid. South Africa is now in the process of fully realising the hopes and aspirations of its people and the international community. This is a sign of victory for the blacks. But it is a long way
      164 words
    • Article
      Human touch vital
      133 10 IN PRINCIPLE, Singaporeans have no doubts about the advantages of unleaded petrol and environmental protection. Most will also not object to paying a higher price to continue using leaded petrol. However, it is difficult to comprehend why the price of unleaded petrol rises alongside that of leaded
      133 words
  • REGIONAL VIEWPOINTS
    • Article
      The effects of recession
      161 10 THE INTERNATIONAL audience (taking note of President George Bush's State of the Union message) was especially receptive to Mr Bush's vision of the opportunity the resolution of the Gulf crisis holds for fulfilling the long-held promise of a new world order. For it cannot be denied
      161 words
    • Article
      Seek all ways to end war
      157 10 FEARS AND anxieties arc mounting that Iraq may use chemical weapons in the Gulf War. US Secretary of Defence Dick Cheney has hinted that if Iraq resorts to a chcmical weapons attack, Israel, which has so far refrained from retaliation, may make a counterattack
      157 words
    • Article
      Testing the mettle
      181 10 SOUTH AFRICA has decided to rejoin the rest of the world. President Frederik W de Klerk's announcement on Friday that he intends to abolish apartheid laws is the most dramatic move in a campaign to move Africa's richest nation into the world community. The entire legal basis
      181 words
  • Article, Illustration
    Lock icon Bonanza time as the action hots up
    1145 10  -  Judith Rehak reports on the changing fortunes of Latin America's stock markets. For investors with strong nerves and staying power, the rewards are just beginning to come in even as the region's governments begin the monumental task of political and economic reform Judith
    IHT.  -  1,145 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      93 10 On Sale Now! Business Hum Ml lime* t'« li*fa<fk*M4 D.ojnJA.n ruinrocm A hllc I_7|TK" irwt pn\ iTI nil Itv inurlv »rki ill Irincc l«*c* > H 't f '•'WHS In this issue... New Markets Where to look for new business in a post-GATT world Indonesia: Oil windfall an added bonus
      93 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      56 10 DOONESBURY BY GARRY TRUDEAU HEY, MAPK, I UJAHT YOU TELL HER I'M OKAY! TELL- WHATS THAT AGAIN, "H 6AU- OOOPS/E ANP GIVE HER I'M ON MY WAY TO ■FT o B/G GUY? I (OAS> 4 HER A MESSAGE, OKAY" THE FRONT, BUI THAT WE'VE If. JUST GETTING A GET THtSPam...
      56 words
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  • ANALYSIS
    • Article
      Lock icon Powerful, clandestine nexus becomes highly visible
      1288 11 Japan has been described as a society of insider dealings. But the financial and political network which is very much a part of Japanese life is beginning to unravel NYT WHEN takeover specialist Mitsuhiro Kotani was indicted last year for stock manipulation, many passed
      NYT  -  1,288 words
    • Article, Illustration
      Lock icon Airport may have a shaky takeoff
      1178 11  -  Hongkong is set to take on the biggest single civil engineering task in the world as it builds a new air and sea port. But Beijing has voiced its strong reservations about the financing of the project. Catherine Ong, BT's Hongkong Correspondent, reports Catherine
      Source: Hongkong government figures  -  1,178 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      105 11 The Big Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shalkn Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce
      105 words
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  • THE LAW PAGE
    • Article, Illustration
      POWs: rights and treatment
      910 12  -  The Gulf War By David Gabriel IN ALL WARS, prisoners are taken. And invariably the question of the treatment of these prisoners becomes an issue. The Gulf War is no exception. Already the United Nation's allied forces have started accusing Iraq of violations of the rules
      910 words
    • Article
      Rules of natural justice apply to companies, but...
      703 12 Last month, the applicability of the rules of natural justice to companies had an airing at the high court before Justice Chan Sek Keong. In the process, the court adopted and defined the parameters of the 1971 judgment of Justice Megarry in
      703 words
    • Article
      Wrongly assumed jurisdiction
      333 12 CASE. Lawrence Ang Boon Kong v The Law Society of Singapore. High Court of the Republic of Singapore Justice Sinnathuray This matter came before the High Court as a result of a complaint to the Law Society by lawyer V K Dube. He complained that Deputy Public
      333 words
    • Article
      The law of judicial review — the courts herald change
      1265 12 The law of judicial review the courts herald change THE effect of a 1988 Court of Appeal decision is just being felt in the administration of Singapore. The case was Chng Suan Tze v Minister for Home Affairs. The issue involved principles of judicial review, which is the power the
      1,265 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      111 12 FOR SUCCESSFUL MANAGEMENT OF YOUR A V Stories on labour and ils relationship with KI I I W)M Hi management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. A I A ENTERPRISE MANAGEMENT, in Business IY hvA V Times every Monday, is must reading
      111 words
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  • SPORTS
    • Article, Illustration
      Lock icon Krickstein breezes past Mansdorf, McEnroe pulls out
      661 13 Milan Indoor AP SIXTH-SEEDED Aaron Krickstein made short work of Amos Mansdorf and fifthseeded Jakob Hlasek defeated Todd Witsken in straight sets on Monday as the US$6OO,OOO Milan Indoor ATP tournament began amid tight security and without its most popular star John McEnroe.
      AP  -  661 words
    • Article
      Organisers of Epson Singapore to offer more prize money
      372 13  -  By Cassandra How PRIZE money for the Epson Singapore Open Golf Championship has been increased from US$3OO,OOO to US$4OO,OOO. The event has attracted 11 sponsors, each contributing 5530,000 with Epson Singapore Ptc Ltd having a net sponsorship of *****,000. This means
      372 words
    • Article, Illustration
      Charting a clear course
      43 13 BOC Challenge competitor Jack Boye of the USA posing with members of the Ocean Youth Club of Australia at Sydney's Darling Harbour. Boye is helping the club, which helps young, often underprivileged, children gain self-confidence and self-discipline through sailing.
      43 words
    • SIDE LINES
      • Article
        Joyner-Kersee joins youth programme
        125 13 ALTHOUGH Jackie Joyner-Kersee grew up in one of the poorest sections of the United States East St Louis, Illinois she received the guidance and direction necessary to become an Olympic champion. That's why she's always looking to offer those same opportunities to the youth of America.
        125 words
      • Article
        Games in no danger of collapse
        96 13 ORGANISERS of the 1994 Commonwealth Games in Victoria, British Columbia, on Monday strongly denied a report that the games were in danger of collapse because of scheduling conflicts with the European athletics championships. Chief executive Ron Longstaffe said the Victoria Commonwealth Games committee was
        96 words
      • Article
        Pete Rose denied Hall of Fame
        108 13 PETE ROSE, the disgraced baseball hero who was barred from the game for life because of his gambling, was banned from Hall of Fame consideration by a unanimous vote of the hall's board of directors on Monday. The 12 members of the 16-mcmber board
        108 words
      • Article
        Australia's national coach
        68 13 AUSTRALIA yesterday named former Davis Cup star Bill Bowrcy to the new position of national tennis coach. Bowrey won the Australian Open singles title in 1968 and for the past 16 years has been head coach at Sydney's White City club, venue of the New South Wales
        68 words
      • Article
        Godridge upsets Paz
        53 13 AUSTRALIAN junior Kristin Godridge upset third-seeded Argentine player Mercedes Paz in straight sets yesterday in the opening round of the US$lOO,OOO Fernleaf Classic women's tennis tournament in Wellington. Hard-hitting Godridge, who turns 18 tomorrow, downed Paz 6-2, 7-5 to earn a round of 16 meeting with New
        53 words
    • Article
      Lock icon Mallon clinches first win of pro career
      479 13 AP MEG MALLON needed lots of patience, and a pair of spectacular approach shots at the end, to secure the first victory of her five-year pro career in the US$4OO,OOO LPGA Classic in Florida on Monday. Rain halted the tournament on Sunday with
      AP  -  479 words
    • Article
      Lock icon Australia completes 3-0 series triumph
      144 13 AP OPENER Geoff Marsh was unbeaten on 63 yesterday as Australia completed a ninewicket victory over England in the fifth cricket Test at the WACA ground in Perth. Marsh and David Boon (30 not out) scored the 81 runs Australia required for victory after resuming
      AP  -  144 words
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      Page 13 Advertisements Column 1
      253 13 NOTICE Notice is hereby given that. I Tan Gek Hiang of Blk 212 A, Toho Garden #05-15, Yio Chu Kang Rd, S pore 1953. have applied for a Frist Class Public House licence in respect of premises at m/s Shi No Bu Karaoke Lounge Pie Ltd. at 81, Geylang Road,
      253 words
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      Page 13 Advertisements Column 2
      237 13 NOTICE Notice ii hereby given that, I Wee Beng Gek of Blk 123 Bedok Reservior Rd #03-1007 Sporel647. have applied for a Frist Class Public House licence in respect of premises at m/s Frankel Karaoke Lounge at 109, Frankel Ave S pore 1545, and that this application will be heard
      237 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      260 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      260 words
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      Page 14 Advertisements Column 2
      345 14 A SH\RKLIN<. NEW FORMADGft APPEARS TUMGIfT ABCM Stuns ROM) CANOPY' BAR —Mm 4-d With its sfK.vljtul.ir frontage. the < .mop> lf.ii 'is tnc lOc.ll plate lonx the stars It's m«ol .ind most iklumvc himVaihii The Cimipt H.ir. u|*»tairs at ihv n>..!i lor a truly satisfying imul, choose from a variety
      345 words
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      Page 14 Advertisements Column 3
      323 14 Sway to the beat of Ying Yang Heatwaves! They're DEW They're HOT They're our LATEST SEMSATIONSI Alternating with heatwaves, Ying Yang brings you hot numbers to keep you moving all night! f ot dunn^ Happy H 1 I Fashion Show on Wednesdays at 8.00 pm J 0 Plaza Hotel 3
      323 words
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      Page 14 Advertisements Column 4
      371 14 ——I I (four ivaif through Europe :|j 4>.iA rWW'fc-' i igfs^ With over 60 world seeing you again' I renowned dishes from European Buffet Lunch I 12 nations, you're going February 1— 28 I to need more than one Noon —230 pm I visit to savour all of Adult $36+
      371 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      788 14 TELEVISION AND RADIO M. n1 n 1 SBCI2 6.35 Best of Disney Mickc> and 2SmSm(Cartoon). BUSINESS ON RADIO 3.Him3.lS 7.25 PM One Foot in the Grave 7.00 WM Show). BBC, 89.9 mHz in VHF Band II The Valley of Fear. 7.30 News (M). g 3q with the Quran. 7.10 am,
      788 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Seeking the bald truth about hair
      862 15  -  A hair and its follicle make up one of the body's most baffling systems. And by unlocking some of its secrets, scientists now understand better the basic processes of cell division and death. Natalie Angier reports. Natalie Angier NYT IT GROWS where it is
      NYT  -  862 words
    • Article
      Lock icon Nasal spray hope for diabetics
      610 15  -  Scientists have come up with insulin that can be taken as a nasal spray, raising hopes that some diabetics may soon be able to treat their disease without injections. Elisabeth Rosenthal reports. Elisabeth Rosenthal NYT Danish scientists have developed insulin that can be taken as
      NYT  -  610 words
    • Article, Illustration
      Putting family above success
      640 15 CHATTERBOX J AM IK Leigh Curtis, who early in her career starred in horror flicks and is now in an American television sitcom, says that she sometimes is jealous of the kinds of careers actresses such as Michelle Pfeiffer and Jodie Foster have. "Would 1 like
      640 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      264 15 AND ENTERTAIN A Yen For Fresh Japanese Food. I SSS LUNI n'|2NtX)\ rSS £5 2 DINNER 1 I SBI PRK.-FS SL-BJKC 1 |j pgg roio%SKRV!( i Unkai flies in fresh ingredients daily from Japan. To give you nothing less than the freshest of sushi, sashimi, teppanyaki and other Japanese specialties.
      264 words
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      Page 15 Advertisements Column 2
      218 15 tk Restaurant and 1 Kv/IIV/\ Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Savour Authentic Russian Cuisine-right in the heart of the Central Financial District. We create the perfect place for lunchtime and dinner entertainment. Our specialities include Chicken A La Kiev, Lobster A La Russe, Shashlik A La Troika and
      218 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market jumps 13 points in renewed optimism
      4790 16 THE MARKET finished broadly higher yesterday, in line with the strong gains posted by all the other markets in the region. Strong overnight gains on the Dow Jones Index and the 534.21 -point or 2.29 per cent climb by the Nikkei--225 to 23,821.57
      4,790 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3855 17 Main Board OCBC Foreign 900 f60 f7 l% SI A Foreign 1360 30 1-2.3% DBS Foreign 1120 f 30 2.8% Asia Pacific 1000 f25 +2.6% (XBC 785 3-25 +3.3% UOB Foreign 670 t-20 +3 1% OCBC Wt 95 150 +20 +15.4% KB 464 +18 4.0%
    3,855 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      242 18 CWfH Date Yur Group Net Net earnings Gross MR to profit/loss (L) per share dividend (cents) C*c Jan 14 Sep 90 553,947(534.649) 30 8(23 5a) 15(8 5a) F&N Ian 14 Sep 90 553.080($62 868 30 1(36 5) 1/9(179) H *s.a tan 14 Sep 90 51,886(5402) 11.4(24) 20(5) Times
      242 words
    • Article
      PRELIMINARY RESULTS
      191 18 Cempaay Date Year Group pre-tax Net earnings Gross aaa to prett/loss (L) per share dividend (•000) (cents) M Cement Jan 17 Nov 90 M»l,313(139.640) 18 5(11.5) 68 3|(16TE) H i?ong Credit lan 8 Jun 90 MS35.181 (MS25.440) 21.8(16.4) 10(10) leong Huat Jan 2 Oec 89 $182l($356l) Pacific Can
      191 words
    • Article
      INTERIM RESULTS
      299 18 CmntMy Date Half-year Group pretax laterim aim to profit/lM* (L) dividend (•000) Khong Guan Jan 31 Oct 90 $139($451) Inter-Pacific Jan 26 Oct 90 M$63,497($55,405) 4(5) Ontramnt Jan 25 Dec 90 $10,309(17,926) 2.9(29) Beraya Corpn Jan 24 Oct 90 MJ56 996(555,012) 5(6) Sports Toto Jan 23 Oct 90
      299 words
    • Article
      CORPORATE DEVELOPMENTS
      969 18 Feb 4 Alpme Resources Sdn Bhd. a private company owned by Technology Resources Industries (formerly Roxy Electric) executive director Taiuddin Ramli, has teamed up with California based DMC to produce digital microwave communications equipment in Malaysia Kuala Kepong Bhd has entered into an agreement with Kung Hing Plantabons
      969 words
    • Article
      DIVIDENDS ANNOUNCED
      307 18 Current Ex Books Data Total lor Total lor payment data do»a payaMe tha yoar last year AMFPT 3C(e) Dec 14 Ian 3 Feb 18 3( 28% Find US$0 10(b) Mai 18 Mar ?8 Apr 8 USJQ10 Avm SITE Feb 25 Mar 7 May 15 12.5*11 25*11 Etanaya Co*.
      307 words
    • Article
      RESULTS DUE
      591 18 Singapore Stocks Last Full Year Company Period Date Year Net EPS &t» Net mmfxid emtt{ (carts) <K proit last year (r«00) OA Px*a(T| Intenm Nov 13 Dec 90 29 7 13.2 11.616(e) BMT Interim lan 10 Jun 91 2541 150.0 G Stortei Final Feb 8 Dec 90 2.0
      591 words
    • Article
      APPROVED ISSUES
      178 18 Company Rights Issue M One tor one MSI 50 per share Ei-date Dec 10 Books dose Dec 26 Acceptance Payment Feb 11 Company Bonus Issue Oriental Hdgs One-tor five Ei-daie Feb 8 Books dose Feb ?5 Company Others /MOB OHer lo» sate of 56.970,950 ordinary shares of $1
      178 words
    • Article
      PROPOSED ISSUES
      280 18 Company Rights Issue Ucom One-tor two MSI 00 per share Issue ot 40m Cumulative Redeemable Preference Shares ot **5010 each at MSI per share with 10m detachable TSR Bolton One tor tour <a MS2 00 per share FAC8 Capital Reduction Scheme to reduce par value ot shares from
      280 words
    • Article
      BONDS, LOANS & WARRANTS
      714 18 BONDS, LOANS WARRANTS C—m ConwsiM perM Cowyrstou tar» tw «fcar» CAC *1 Before 26/4/93 1 warrant plus *3 09 cash Causoway Law CauMway Wt 2/10/89 to 20/10/94 1 warrant plus $0.77 cash or 1 warrant plus 50 77 nomral amount of loan stock. Ctuan H*) Notn ChnM|l March 87 to
      714 words
    • Article
      RECORD HIGHS & LOWS
      174 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h* U16 04 (5/2/91) j»J j 2 g^j} 1991km: 1022 52 (16/1/91) J91 J* J5?„ jij/iSn 1990 tifh: 1435 43 (16/7/90) g Jf {ggjJ 1990 tow. 981.07 (09/11/90) J* °J9M 76/ 2 89 1989 fifh: 1322.00 28/12/89) g J? £22
      174 words
    • Article
      COMPANY MEETINGS
      122 18 Cyde Carnage Ltd: 22nd AGM at Mandarin Court B, 4th Floor, Mam Wing, Mandarin Singapore. 333 Orchard Road, Singapore 0923 today, Feb 5, at 12 noon. Hotel Malaysia Ltd: 28th AGM at the Tudor Balroom, Goodwood Park Hotel, Scotts Road, Singapore 0923 on Wednesday, Feb 6. at 11
      122 words
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      Page 18 Advertisements Column 1
      155 18 THE GROWTH TRIANGLE A Special Business Times Survey February 26, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of
      155 words
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      Page 18 Advertisements Column 2
      18 18 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      18 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares jump as investors shrug off Gulf fears
      2243 19 Reuter TOKYO STOCKS closed higher across the hoard in heavy trading yesterday as investors turned bullish on Wall Street's gains on Monday, a stronger yen. and higher bond prices, while shrugging of! concerns about the Ciult War and bearish economic fundamentals, brokers
      Reuter  -  2,243 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market finishes sharply higher in surprise rally
      2231 19 Reuter SHARP GAINS on Wall Street and speculative buying of blue-chip stocks sent the blue-chip Hang Seng Index soaring 94.98 points, or 2.9 per cent, at the close yesterday. "Institutional buying of blue chips, particularly Hongkongßank. generated substantial momentum," said Keith Wu, senior
      Reuter  -  2,231 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      24 19 Chartpoint, a guide to investing in the stock market. Every Saturday in BT. THINK! Before you make your move, read EXECUTIVE APPOINTMENTS Business Times
      24 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Retail investors lead chase for second-liners
      4018 20 Bernama SHARE PRICES in Kuala Lumpur firmed across the board yesterday in active trading on the back of sharp gains in major overseas market. The KLSE Composite Index at the close firmed 8.10 points to 508.98 while the Industrials Index was 14.72 points higher
      Bernama  -  4,018 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      125 20 NEWS FLASH ~-rs>-,s c- -r^•£?> „-.c-fi* r £w u sr^**T-«" wj 1 Vi^l«2ra»-3^^^T l)onm .i\ vows to mcuu»»» orohU;ins IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports, Shipping Agents List. Freight Rates and a
      125 words
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  • REGIONAL STOCK MARKETS
    • Optimism sweeps regional markets
      • Article
        AUSTRALIA
        856 21 A WAVE of optimism fuelled by bullish performances on offshore bourse swept the Australian share market to its highest close in two months yesterday. Brokers said offshore institutions flight out blue-chip industrial stocks, with selected resources also in demand. The All Ordinaries Index surged 33.4 points to 1353.6 in
        856 words
      • Article
        BANGKOK
        729 21 BANGKOK STOCKS yesterday closed L_ sharply higher on rallies in New York and Tokyo and renewed bullish sentiment, which sent the market indicator above its 700-point resistance level for the first time since mid-September. The SET Index ended 18.80 points higher at 711.09 on 4.8 billion baht turnover. Bangkok
        729 words
      • Article
        INDICES & TURNOVER
        86 21 INDICES TURNOVER Cloae Ft* 5 IVniiniM ntVKMB SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.353.6 2.124 3 767.5 112.13 1.320.2 2,067.6 751.4 63.22 33.4 56.7 16.1 +48.91 BANGKOK SET Index Turno vert million baht) 711.09 4.800 692.29 4.000 18.80 800 JAKARTA Composite Index 382.78 383.86
        86 words
      • Article
        TAIPEI
        382 21 TAIWAN share prices finished higher across the board yesterday as investors took their cue from overseas markets and flooded the market with buy orders. The weighted index gained 189.95 points, or 4.6 per cent, to close at 4,314.27 against Monday's 4,124.32 finish. Turnover rose to NTSSB.9 billion from NTS2B.S
        382 words
      • Article
        SEOUL
        805 21 THE GULF WAR and domestic economic worries yesterday kept Seoul's stock index drifting just above the 630point level, as it has for 11 days. Brokers said trading volume was the lowest so far this year. The index ended the day at 631.93 points, down 0.86 from Monday's close. Volume
        805 words
      • Article
        NEW ZEALAND
        321 21 FURTHER DECLINES in domestic interest rates and a 42-point rise on Wall Street's Dow Jones index pushed New Zealand shares sharply higher in active trade yesterday. Brokers said local interest rates, now at 11.92 per cent for 90-day bills compared with 12.10 last Friday, were making high dividend/yield
        321 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        331 21 In local cwttoo la S$ In US$ %da> year day year day year FEB 4 Index change change change change change ch «age World 366.8 0.6 2.4 -0.6 2.4 0.6 4.0 |EAFE Europe 475.5 0.6 1.2 -0.4 2.4 08 40 372.4 0 5 2.2 -0.5
        331 words
      • Article
        MANILA
        463 21 PHILIPPINE SHARES staged a rally as fears of a disruption in oil supplies because of the Gulf War receded amid growing belief the economy has bottomed out and will gradually improve. The Manila Stock Exchange composite index climbed 46.30 points to breach the 800 mark for the first time
        463 words
      • Article
        JAKARTA
        589 21 CEMENT and tyre stocks topped a quiet Jakarta share market which saw the index slip 1.08 points to 382.78 on turnover of 1.71 million shares. Brokers said there was little to spark interest in the market which has been hit by high local interest rates and the Gulf War.
        589 words
      • Article
        BOMBAY
        46 21 BOMBAY share prices finished hjghcr for a second day yesterday, boosted by institutional buying. But brokers said volume was light. The Bombay Stock Exchange Index rose 18.25 points, or 1.74 per cent, to 1,070.29. The National Index firmed 8.33, or 1.57 per cent, to 539.54.
        46 words
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  • WORLD STOCK MARKETS
    • Banking stocks lead Wall Street recovery
      • Article, Illustration
        NEW YORK
        1121 22 US BANKING STOCKS, revitalised by recent interest rate cuts, helped put Wall Street's rally back on track on Monday. After slipping last Friday, blue chips soared about 1.5 per cent to their highest closing level since early August. The market's steady climb throughout most of the day drew
        1,121 words
      • Article, Illustration
        LONDON
        870 22 THE CONTINUED FEELING that British interest rates arc about to be cut saw share prices rally strongly yesterday on the London Stock Exchange. At 1308 GMT the FTSE index was up 21.3 points at 2,193.7. Shares found support from solid overnight performances in Tokyo and New York and from
        870 words
      • Article
        MILAN
        156 22 MILAN share prices rose sharply in more active trading yesterday in what brokers said was largely a technical rebound encouraged by the strong performance of other bourses. But few were prepared to bet on how long the rally would last. The buying benefited most sectors. Fiat, Montedison, Generali, CIR
        156 words
      • Article
        INDICES & TURNOVER
        85 22 INDICES TURNOVER NEW YORK Dow Jones NYSE Financial SAP 500 Turnover (million) Feb 4 Cloac Previous 2 772.27 2.730.69 41.58 136.22 131.27 +4.95 }48.34 343.05 5.29 250.8 246.7 +4.1 LONDON Financial Times 30 FTSE 100 Turnover (million) 1700 6 2172.4 346 1,694.0 2,165.7 540.8 +6.6 6.7 -1948 AMSTERDAM CBS Tendency
        85 words
      • Article
        FRANKFURT
        299 22 GERMAN SHARES finished mixed yesterday after opening sharply higher, as a lack of follow-up orders and profittaking wiped out most of the early gains. The DAX Index managed to post its fifth straight gain, however, as the 30sharc market index gained 3.82 points to 1,438.85 its highest close since
        299 words
      • Article
        AMSTERDAM
        271 22 LARGE GAINS on the Dutch bond market failed to support an earlier rise in share prices yesterday as profit-tak-ing eroded earlier advances, dealers said. "With these extraordinary gains in the bond market, shares should be higher," one trader said. The latest Dutch state bond due in 2001 rose 67
        271 words
      • Article
        PARIS
        131 22 FRENCH SHARES held on to their Wall Street-inspired rise at midsession yesterday, with interest-rate sensitive and cyclical shares making solid gains. The CAC-40 Index was up 19.91 points, or 1.26 per cent, at 1,601.64 at 1230 GMT on active trading of about 1.5 billion francs. Traders said the overnight
        131 words
      • Article
        ZURICH
        277 22 SWISS share prices were firmer at midday in lively trade yesterday as overnight gains in New York and Tokyo and the mostly stronger performance on European bourses lifted sentiment, traders said. They said lower Eurofranc rates also spurred gains. The SPI All-Share Index rose 7.6 points to 947.3 and
        277 words
      • Article
        BRUSSELS
        126 22 BELGIAN SHARES started mostly higher in busy trading yesterday, boosted by the gains on Wall Street and in Tokyo as well as a rally in bond prices. Dealers said opening volume was worth 189 million francs. Of 49 shares quoted, 40 started higher, three lower and six were unchanged.
        126 words
      • Article
        TORONTO
        328 22 TORONTO STOCKS on Monday soared across the board with heavy gains in most sectors on hopes of a quick end to the recession, dealers said. "The technicians would tell you the market has broken out," said Peter Chandler, a branch manager for Midland Walwyn Capital Inc. "I'm not so
        328 words
      • Article
        JOHANNESBURG
        379 22 THE JOHANNESBURG stock market remained generally buoyant in early trading yesterday, but potential gains remained restricted by the continued strength of the financial rand, dealers said. The foreign investment currency is presently at its strongest levels since February last year, helped by positive overseas response to recent pledges offurther
        379 words
      • Article
        Untitled
        43 22 Vienna Keto 4 A*ch Akg Holding 3400 25 E. Allgcm (PrcO 3240 +40 Jungbun/I 8000 unch Lacnderbank (Prcf) 476 -I Lcnzing 1380 unch Lcykam 393 +1 Montana Ocstcrr. Brau 3706 186 Scmpcnt 118 unch Stcyr 307 +7 Vcitschcr 575 -5 Source: Austrian Laenderbank
        43 words
  • Page 22 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      D-mark higher against US$ after bank intervention
      1232 23 REPORT THE DEUTSCHEMARK was trading slightly higher against the US dollar in Frankfurt yesterday, but a little lower against sterling compared with Monday's close. Dealers said the market was very quiet following Monday's rounds of central bank intervention to support the US dollar.
      1,232 words
    • Article
      INTERBANK FOREX RATES
      398 23 Cross rates Feb 5 1JSS SS MS Dm Yen SKr A$ NTS USS 1.7155 2.6930 1.4645 130.70 0.5053 1.2520 1.2780 1 6639 S$ 0.5829 1.5698 0.8537 0.7619 0.2946 0.7298 0.7449 0.9699 MS 0.3713 63.70 0.5438 0.4853 0.1876 ***** ***** 0.6179 l)m 0.6828 1.1714 1.8389 89 25 0.3450
      398 words
    • Article
      MONEY MARKET
      565 23 Interbank rates S$ Bid Offer Overnight 4 1/4 4 3/8 1-month 4 7/16 4 9/16 2-month 4 9/16 4 11/16 3-month 4 9/16 4 11/16 Overnight mode: 4-3/8 LSS Bid Offer 7 days 6 3/8 6 1/2 1 month 6 7/16 6 9/16 2 months 6 5/8 6
      565 words
    • Article
      Lock icon US intervention seen smoothing fall of $
      415 23 US intervention seen smoothing fall of Reuter THE CONCERTED US central bank intervention that surprised the foreign exchange market on Monday will likely smooth but not halt the dollar's decline, said most US market participants. "I have always believed that central bank intervention can't turn the direction of a currency.
      Reuter  -  415 words
    • Article
      FINANCIAL FUTURES
      1189 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 91 93.29 93.30 93.26 93.30 9800 ***** ***** Jun 91 93.37 93.41 93.37 93.40 ***** ***** 9503 Sep 91 93.21 93.24 93.18 93.23 3300 4408 2370 Dec 91 92.83 92.86 92.81 92.86 1000 4604 1845 Mar 92
      1,189 words
  • Page 23 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Nigeria maintains oil output at 1.9m barrels
      342 24 Reuter NIGERIA is maintaining its higher oil production at around 1.9 million barrels per day (bpd) during the Gulf crisis and docs not envisage any immediate change, a senior Nigerian oil official said. "It has not changed from around 1.9 million bpd...the current
      Reuter  -  342 words
    • Article
      Lock icon Brazilian growers shifting away from coffee
      340 24 Reuter ANTONIO CABRERA'S family has grown coffee in Brazil for three generations. But last year he dug up his 100,000 coffee trees to plant grazing pasture. "I was always a great supporter of coffee farming," Mr Cabrera explained. "But now it just doesn't pay."
      Reuter  -  340 words
    • Article
      KL tin market, LME remain unchanged
      793 24 REPORTS THE price of tin on the Kuala Lumpur Tin Market was unchanged after falling off to its new 51-month low of M$ 14.72. The London Metal Exchange overnight was unchanged as sentiment remained negative due to recent Brazilian selling and the absence of
      793 words
  • Article
    PRICES
    1430 24 Rubber Feb 5 ScvnlVkg Noon Close 1111 I KSS Prompt 144 (HVI45 OON 143.25/144 25N Inl I KSS Mar '>1 I45 7VI46 25 *****/145 50 lot I KSS Apr 147 25/147 75 146 50/147 00 Inl 2 KSS Ol' 142.25/144 25N 141.50/143 50N Inl 3 KSS OP 137.25/139.25N I36.54VI38
    1,430 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      796 24 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF ASIA ALUMINIUM WARES PRIVATE LIMITED (In Members' Voiunta/y Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 5001 Beach Road #06-02 Golden Miie Complex Singapore 0719 on the 4th day
      796 words
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      Page 24 Advertisements Column 2
      718 24 IN THK MATTKR OK THE COMPANIES ACT CAP M AND IN THE MATTER OK FIRST TORONTO INVESTMENTS (SINGAPORE) PTE LTD (la Members' Voluntary IJqnMatUn) NOTICE OK KINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that a Final Meeting of the members of
      718 words
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      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1090 25 City FNght ETA Flight ETO Abu Dhabi GA895 1225 Adelaide QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Athens 0A471 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Bandar Sen BI421 1105 SQ182 0915 Begawan SQ181 1410 BI422 1205
    1,090 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Seeing Africa with an ice machine
      649 25  -  LETTER FROM NAIROBI By Jane Perlez FOR the tens of thousands of travellers inspired to visit Kenya by the movie Out Of Africa. Geoffrey JW Kent looks as though he just stepped oft* the set. The 46-year-old Kenyan is a polo player, a one-time
      649 words
    • Article
      MONEY CHANGER RATES
      144 25 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.327 1.357 Canadian dollar 1.465 1.485 NZ dollar 1.019 1.059 Sterling pound 3.380 3.400 US dollar 1.7120 1.7220 liocml dollars to 100 units of foreign cwrency Austrian schilling 16.40 17.40
      144 words
    • Article
      WORLD TRADE EXHIBITIONS
      95 25 Duration Title Venue Organiser Tel Duration Tide Venue Organiser Ji! Feb 7-12 International Valencia. Fern Muestrano ********** Feb 19-21 Air Traffic Holland Expoconsult (0707)*****5 Toy Fair Spain International Control 91 (UK) Ud De Valencia Feb 27- Photo. Cine and Zurich, Zuspa *****5055 Feb 9-17 International Hamburg Hamburg
      95 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      39 25 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok. Call *****77 for details. We know Europe fiurn start to Finnish.
      39 words
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      Page 25 Advertisements Column 2
      13 25 Brace yourself for A new way to reading pleasure Coming your way soon
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      266 25 ■■UJLUH 8 The first piece of legislaplay H 9 He makes notes of a case with a catalogue attached r 10 Wrap up indecisive —J®® contest (3) In j ■Bi2| I p3 I 11 Silver displayed in the house JIB Butter a wooden plate IH H H H 7 16
      266 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      211 25 Singapore Outlook: Showers am several areas in the afternoon. Forecast: Maximum temperature 31.0 Assoc humidity 68% Minimum temperature 24.5* C Assoc humidity 94% Hours of sunshine 6.60 Rainfall in mm Nil Rainfall this month 2.1 Rainy days this month 1 World forecast Asia-Pacific Hi/I>o* Cond. Auckland 22/15 Windy Bangkok 32/21
      211 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      32 25 Hefce's my fru) SHOCKS \)f NO —I fooKes i« oRDeR TO v \JN519T......J UJfVf 6RCK WTO OFFICe WORK RFfeR MCLP YOORS€A-F NOOR SOJOUGN HOSpiTRL I'm lb t; EVENING STANOARO CO LTD. H62-IWI
      32 words
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  • Article, Illustration
    Lock icon Bush suggests big budget rise for Star Wars work
    543 26 White House offers no quick-fix recession remedies Reuter US PRESIDENT George Bush sent to Congress on Monday a US$l.45 trillion budget for the 1992 financial year with a US$2Bl billion deficit driven by war and recession. Restricted by lack of money
    Reuter  -  543 words
  • Article
    Lock icon Malaysia's BLR likely to rise by up to one percentage point
    409 26 Bernama BANK NEGARA's move to allow commercial banks and finance companies to fix their own base lending rates, effective from Feb 1, is expected to trigger an upward revision of the BLR by up to one percentage point in
    Bernama  -  409 words
  • Article
    Lock icon GM to cut 15,000 jobs and slash dividend in half
    228 26 Reuter GENERAL MOTORS Corp, the largest American carmaker, said on Monday that it would cut 15,000 jobs over the next two years and slash the dividend it pays to shareholders nearly in half. General Motors, which is struggling to overcome
    Reuter  -  228 words
  • Article
    HK may donate HK$230m to war cause
    402 26  -  THE GULF From Catherine Ong in HONGKONG HONGKONG is expected to contribute as much as HK$23O million (Sssl million) to Britain for use in the Gulf War in spite of divisions among the territory's people over the issue. As various community groups staged
    402 words
  • Article
    Lock icon Hanoi must repair relations to gain aid: World Bank
    402 26 Reuter COMMUNIST Vietnam is bent on market reforms but it will not obtain the foreign aid it needs for its warravaged economy until it normalises relations with certain countries, a top World Bank official said yesterday. "We have established that they
    Reuter  -  402 words
  • Article, Illustration
    Lock icon Moscow to form unit to fight serious crime and drugs
    367 26 Agencies SOVIET President Mikhail Gorbachev has ordered the country's Interior Ministry to crcatc a new department to fight serious crime and drug trafficking. Soviet television read out a Gorbachev decree on Monday ordering the creation of the department. The Interior
    Agencies  -  367 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      109 26 n ivmnF^^sczi —II The Richness Of Leather Handmade To Perfection. MEDIUM SIZED GROUP OF COMPANIES SEEKS PARTNER/PARENT TO ASSIST IN THEIR RAPID GROWTH (THIS YEAR TURNOVER $40-$5O MILLION, PAID UP CAPITAL OVER $1 MILLION) NO FINANCIAL OUTLAY REQUIRED AS GROUP BASICALLY SOUND BUT NEEDS MORE FACILITIES SUCH AS UCS, T/RS
      109 words
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      Page 26 Advertisements Column 2
      10 26 Little hope of Congress support for Bush budget, Pg 8
      10 words
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      Page 26 Advertisements Column 3
      355 26 |fi l rs/lIZZIF^EE^ECZI —II The Richness Of Leather Handmade To Perfection. A LOT AT SMI■ATO Nt I T T I E THINGS MEAN A lOT AT SHERATON UTTIE THINGS MEAN A lOT AT Z X < m 5 > O z that he could hardly get out of bed to
      355 words
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  • Shipping Times
    • Article
      Kwong Soon to expand shiprepair operations
      437 27  -  By Rahita Elias FAMILY-OWNED Kwong Soon Engineering is to expand its in-yard shiprepair operations, once it shifts from Tanjong Rhu to Tuas at the end of this year. For a start, the company will pump between $5 million and $6 million into the new
      437 words
    • Article, Illustration
      Lock icon New HK register attracts only four ships since inauguration
      437 27 Lloyd's List THE NEW Hongkong ship register has attracted only four ships since it was inaugurated on Dec 3. SY Tsui, the Hongkong shipping register's assistant director, said at a London seminar on the new register that the new flag had
      Lloyd's List  -  437 words
    • Article
      Lock icon US airlines flock to Eastern's auction
      202 27 AP AMERICA'S big airlines flocked to a private auction on Monday to pick through the pieces of Eastern Airlines, which last month became the industry's first casualty of high fuel costs and dwindling traffic. On the block were routes, gates and landing slots that
      AP  -  202 words
    • Article
      Lock icon Shipping agents complain about US Navy harassment
      301 27 THE WAR UPI FOUR SHIPS carrying food and other supplies to Jordan have been harassed, delayed and turned back by the US Navy before reaching the Port of Aqaba since the Gulf war began, shipping agents said on Monday. One week ago, US
      UPI  -  301 words
    • Article
      Lock icon South Korean vehicle exports down
      224 27 AP THE GULF WAR and a traditionally slow season sent South Korea's exports of cars, trucks and buses in January tumbling 66.4 per cent from December to 17,505 vehicles, car industry officials said on Monday. Although the war was unpredictable, the officials said Korean vehicle
      AP  -  224 words
    • Article
      Singapore to build bulk carrier for PNG
      367 27  -  By Selva Kumar LOCAL expertise is again being sought to build a new 3.000 deadweight tonne mini-bulk carrier to carry copper ore from a mine in Papua New Guinea (PNG). The vessel will be the fifth to be built locally for Western Tug
      367 words
    • Article
      Oil traders, firms pressured to speed up freight payments
      261 27 INTERNATIONAL Association of Independent Tanker Owners (Intertanko) is to put pressure on oil traders and companies which delay freight and demurrage payments on ships they have chartered. Intertanko says the problem has become so acute that some individual companies are owed
      261 words
    • NEWS SUMMARY
      • Article
        Results of EC's transport study
        79 27 MORE USE of coastal and inland shipping, plus better links between different modes of transport are two of the radical conclusions from a top-level think-tank set up by the European Community Commission to plan transport policy for the 1990s and beyond. The results of the
        79 words
      • Article
        Row over German military shipbuilding
        48 27 THE GULF conflict has reopened the controversy over the German shipbuilding industry's military construction programme and the export of military vessels. German industry has been criticised for the alleged illegal export of arms and war materials to Iraq in the past Back Page
        48 words
      • Article
        Taiwan-NZ air talks adjourned: officials
        28 27 TALKS between Taiwan and New Zealand on establishing direct air links were adjourned in Taipei hours after they began. officials said. Back Page
        28 words
      • Article
        Vital safety device failed to work
        43 27 A VITAL piece of airport safety equipment was not working when a USAir Boeing 737 and a small commuter plane collided in a fiery crash on a Los Angeles runway on Friday, killing 33 people Back Page
        43 words
    • LOG BOOK
      • Article
        BRS extends service to Australia, France
        66 28 THE BUSINESS Reply Service (BRS) has now been extended to Australia and France on a reciprocal basis. Before the service, which allows an individual or company obtain replies from their clients without the latter paying postage, was available only within Singapore and to Malaysia
        66 words
      • Article
        Fiata to hold 22nd Congress
        59 28 THE INTERNATIONAL Federation of Freight Forwarders Association (Fiata) will be holding its 22nd World Congress in Singapore between Oct 4 and Oct 8. The five-day event is organised by the Singapore Freight Forwarders Association. About I*ooo foreign delegates are expected to attend the event, which
        59 words
      • Article
        Amex seeks Seoul travel office
        73 28 AMERICAN EXPRESS is seeking to set up a travel agency in South Korea, the first by a foreign firm. There are no foreign-owned travel agencies in South Korea, but under a 1989 bilateral trade accord, Seoul agreed to allow US firms to open travel agencies
        73 words
      • Article
        UPS to start US-Japan service
        71 28 US-BASED United Parcel Services will launch its all-cargo air service between the US and Japan on Feb 13, following an agreement with Japan's Ministry of Transportation. The package delivery company will provide regularly scheduled air service for small packages and heavy cargo. Cargo space in
        71 words
      • Article
        Airlines suffer revenue losses
        110 28 EUROPEAN AIRLINES carried 107 million passengers on their scheduled services last year, an increase of 8.3 per cent over 1989, the Association of European Airlines said. But since war broke out on Jan 17, the 23-company AEA said that European airlines' passenger traffic had declined by
        110 words
      • Article
        Ford to shut Aussie plants
        74 28 FORD MOTOR of Australia Ltd plans to shut down production for 15 days between February and April at its plants in the southern Australian state of Victoria due to weak demand. Public affairs manager John Miller said from Melbourne that unions have agreed to a
        74 words
    • Article, Illustration
      Lock icon Waterways point the way ahead
      1026 28  -  Nigel Tutt reports on the results of a wide-ranging study on transport, including coastal and inland shipping, carried out by a top-level EC think-tank Nigel Tutt Lloyd's List More use of coastal and inland shipping, plus better links between different modes of transport are two
      Lloyd's List  -  1,026 words
    • Article
      WEEKLY FREIGHTS
      661 28 DRY cargo rates continued to advance over the past week due notably to demand for shipping from the Soviet Union, traders indicated. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index gained 16 points on the week to finish at 1,482. The announcement of the Soviet Union's
      661 words
    • Article
      THE SHIPPING GUIDE
      12549 36 This is a list of ships loading Fu at Singapore for ports around the world. It tabulates, by n, destination, the name of the 21 ship, the shipping line in- volved and the estimated zi dates of arrival and departure T; from the Port of Singapore. Advaneed
      12,549 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        635 43 V«JMi Voy Wo Birth Arrival Oepirti*« Keppd Wharves Ms Prospen 34EB CIO alongside 0502/1630 Kota Beriian 3/91 K31 alongsrte 05 02/1100 Kota Wirama E884 K32 alongside 05 02/2300 Leona 1 *34 alongside 0802/2300 Ohfu 1H K29 alongside 05 02/1500 Sit) Azenna 1 K30 alongside 0502/1100 Als Trust
        635 words
      • Article
        CONTAINER SCHEDULE
        1192 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Babnce Rdts Stjp Voy No Etb/Btr Period From To From 33A Q6/1500 1 05/1500 05/1659 05/1900 Ad Goncharov 07SI91 08/0700 1 05/1500 05/1659 05/1900 4 06/1200 06/U59 06/1700 Aka Bhum 462N 07/0700 2 05/1700 06/0659 06/0900 3 06/0700 06/1159
        1,192 words
      • Article
        IN MALAYSIAN PORTS
        354 43 Port Klang Berth at South Port on Feb 5: 1; Soon Hoe. Seatern; 2: Chariot Venture; 3: Sang Thai Silver, Hong Soon; 4 ml; 5: ni; 6; Builder; 7: Mutia Hayu; 7A: Sutra; J Shell: ml KCT: 8: Bunga Kemumng, 9: Gulf Bridge, 10: Dolores North Port:
        354 words
    • Article
      DAILY FREIGHTS
      1042 43 THE freight market continued to see firm time-charter fixtures on Monday, but no fresh grain business was reported. A Capesize vessel on time-charter from South Korea for an Australian round voyage and re-delivery Japan was fixed at a high rate of U5514,300 daily. Another same size vessel on
      1,042 words
    • Article, Illustration
      Lock icon Row reopens over German military shipbuilding
      365 44 THE Lloyd's List THE GULF conflict has reopened the controversy over the German shipbuilding industry's military construction programme and the export of military vessels. German industry has been criticised for the alleged illegal export of arms and war materials to Iraq in the past,
      Lloyd's List  -  365 words
    • Article
      Lock icon Taiwan-NZ air talks said to have adjourned after a few hours
      423 44 AFP TALKS between Taiwan and New Zealand on establishing direct air links were adjourned in Taipei on Monday hours after they began, officials said. Lin Shui-chi, director of the Asian and Pacific Affairs Department of the Foreign Ministry who
      AFP  -  423 words
    • Article
      Lock icon Vital safety device failed to work at LA
      318 44 Reuter A VITAL piece of airport safety equipment was not working when a USAir Boeing 737 and a small commuter plane collided in a fiery crash on a Los Angeles runway on Friday, killing 33 people, an air safety spokesman said. National
      Reuter  -  318 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      191 27 HI UNITED EliO LEASING I SERVICES PTE LTD Call Tel: *****13 (15) 1 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! each receive a set of Pierre Balmain MH eaU de toi leUe VX r,h m re h an $5 SB Monsieur Balmain plus Vent
      191 words
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      Page 27 Advertisements Column 2
      27 27 Contaner Schedule 17 Daily Fraghts U Index to Advertisers 3 Shipping Gwde 10,11 Ships m Port 17 Singapore Tides 17 Weather and Sea Conditions 17 Weekly 2
      27 words
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  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      101 28 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
      101 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2248 29 IAROINE SHIPPINC AGENCIES %>■■■# 200 Cantonment Road #12 06 Southpoint, SinKjpore 0208 \ll If/ TEIEX NO RS 241/9 Ifl JI I|H fERMINAL Tel *****18 220 r Crroj '1 BOOKINGS rel *****34 258 L VWOf J ESAKA JARDINE SHIPPING AGENCIES SON «RI KELANG lEI *****18 TELEX NO MA*****,MA3970l PENANG TEI *****4
      2,248 words
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      Page 29 Advertisements Column 2
      1298 29 INDEX TMDTCRTISERS Page Col Page Col Liner Shpg 16 3 Lizena 1 5 I ABC CoiUainerline 13 5 Lloyd Brasileiro 12 3 Accord Group 8 1-3 Lloyd Triestino 4 1/2 AFS 15 1 Lucky Seaway 15 3 Ahrenkiel Liner 16 3 Lykes Lines 5 1 Albatros Sea-Air 14 3 i
      1,298 words
    • Advertisement
      Page 29 Advertisements Column 3
      1860 29 ■Bimwi NEXT SAILING TO HONG KONG AND JAPAN CECILIE MAERSK V.9104 ETA 18/2/91 Vessel Voy ETA I ETO 'Port "Penang DESTINATIONS Singapore Keiang Thts week Maersk 9102 Feeder by 12/2 oeoo hrs Ferco HHIHHH CFS 11/2 23W MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC
      1,860 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1255 30 ROTTEDAM/ T^^—=, VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE 9888 KATSURAGI 04/513 11/2 4/3 2/3 24/3 KISI|3 BENALOER 99/517 11/2 28/2 3/3 5/3 ALL WESTBOUND P HAMBURG EXPRESS 01/516 14/2 7/3 5/3 4/3 4/3 L CARGO HANNOVER EXPRESS 01/518 17/2 5/3 9/3 7/3 ff^7o NT|f £NT #ILL KOWLOON
      1,255 words
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      Page 30 Advertisements Column 2
      521 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA H.OKKANA 22-2H/2 11/3 13/3 19/3 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA C NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO ISLA FLOREANA 22-28/2 1/4 3/4 6/4 7/4 8/4 Callao or Sintij(o via Valp*
      521 words
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      Page 30 Advertisements Column 3
      1375 30 Bl—&xstm REGULAR INDEPENDENT FULL CONTAINER SERVICE FOR EUROPE VSLNOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUN 9049-3 14/02 02/03 03/03 08/03 09/02 10/03 11/03 12/03 NORASIA PEARL 9050 3 18/02 10/03 11/03 15/03 16/03 17/03 18/03 19/03 20/03 NOR ASIA
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      1804 31 z~qgSteamers Maritime Holdings Ltdj W- _> PAH "HrHSTRAITS SHIPPING! r OtV W* l J siggapon to Bnuwl last Malaysia, I I Yoy No P Klang Spore Stan H bur J Bfaven R-dai* Leh ACCEPTS DUE SAILS I KATSURAGI MS!3 001 05,02 11,® 0/03 01,03 27,02 CARCO I S WW 25
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      Page 31 Advertisements Column 2
      1188 31 m- US A /PANAMA rMi U,S,A,/PANAMA NYC PHI NOR SAV lAX CRI L&8 OAK SP Sl> OAK LGB CRI FOB SAV NOR NYC MaA int ||fl 111 30fl *1,1 M W ,W JjJ CHOYANC PARK CF 10J |M U'l JW JW BARMEN SEN EF 1« »1 H,] »> Jg 2
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      Page 31 Advertisements Column 3
      415 31 STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO 8 HEAVY LIFTS I SEE, BSS" I VOV MO 15 7 1S 1 Spore 10/2 10/2 1W 1 P Kelang 13,7 "1 I Penang I Yartgor J Mongla I Chittagong I Calcutta I Yokohama I Nagoya I Osaka I Senboku I Hochiminh
      415 words
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      Page 32 Advertisements Column 1
      718 32 IfiH CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIiVOY S PORF ROAM AOAM H BURG BREMEN ANTYTERF In Pt 22/3 28/3 2/4 4/4 fRIAS UNITY 002WB |_4/3 6/4 12/4 17/4 21/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|ec< to Inducement Also accepting cargo to Caaablanca. Port Said. Port Aleiandrla,
      718 words
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      Page 32 Advertisements Column 2
      1083 32 ®n a. s i. HANJIN SHIPPING FtCDtR VSL SIN LINE HAUL LAX OAK S port LEH RTM ANR HAM BRV fIL HANJIN HAMBURG 005E 1W 2'™" r *f* Jft HANJIN MASAN 06JW 10/2 212 1,3 2 3 2 3 4/3 V 3 HANJIN ROTUROAM 012t Utf 2V3 27 3 HANJIN
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      Page 32 Advertisements Column 3
      1257 32 P. SGP HKG KSG KIG PUS MKT OSK NOT SMZ TYO LAX CHS BAL NYC LHV ANN RDM THP HBG PSD CMB PKL SCP I lINCREOU 20/2 2S/2 2*/2 1/3 2/13/3 4/3 15/3 27/3 »,3 30/3 M »4 10.4 11/4 13/4 22/4 2/S *5 T«t 042 20.2 21/2 24,2 27/2
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      1142 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48*. TERMINAL OFFICE :*****22 DOCUMENTATION CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 KlT(o3)^ *****87, Penang-(04) *****0, J.Bahru-(07) *****3, *****4 PTI INTI TRIDENT NUSANTRA INDONESIA Jakarta (21)
      1,142 words
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      Page 33 Advertisements Column 2
      507 33 > Int. Multi-Modal Forwarder SEAFREIGHT BOOKNGS: 222 0717 A AFFREIGHT BOOKNGS: 545 4255 Hj SPf CallivW A FAX: *****73/*****68 usfmi europi mm J, CHECHOSLOVAKIA 9/2 N SmTA* HUNGARY 9(2 _Y UU( HI 9/2 ROMANIA 912 MADRAS 7/2 YUGOSLAVIA 9/2 (HITTAGONG BULGARIA W_ [UROPI BMHI I W MS' unww KAOHSIUNG 10/2
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      Page 33 Advertisements Column 3
      1015 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND I VtSSIIS VOYACi ISPOW |MAWILA HUOWG WYAGt SPOWC PKIANG MBUHG B
      1,015 words
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      Page 34 Advertisements Column 1
      1327 34 I 13 K LINE KAWASAKI KISUN RUSH A. I-ID- (I EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPQRT N. AMERICA f ACIFK BWTIt-M£L I THTiTinn iTTiiTii i MOTHER VESSEL VOY NOUS LB OA* TKY FEEOER VESSEL *0* THY SCP FtEO€R VESSEL VOY 'INOO -PK PNG [scTl MOTHER VESSEL VOY LB OA* CHI
      1,327 words
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      Page 34 Advertisements Column 2
      1245 34 PHILI-Oni€NT UN€5 PT€ LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 r TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76-*****38 Wf BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I 10 FEB MONTREAL, OTTAWA, TORONTO, I VANCOUVER, S'WESTERN
      1,245 words
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      Page 35 Advertisements Column 1
      1457 35 PACIFIC INTERNATIONAL LINES (PTE) LTD J*****5? m flhn P,L Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA 1 I BANGKOK "1 VESSEL VOV SIN BKK SIN S,N JKT SIN PEGASUS PROGRESS 654N 7/2 10/2 14/2 11,2 13/2 HAI HUI 9105 717 10,2 14/2 11/2 13/2 SEA GLORY 9105 9/2
      1,457 words
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      Page 35 Advertisements Column 2
      1076 35 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 |VOY ~T SPORE PKLANG SHAMPTON| HAMBURG BHAVEN ROAM LHAVRE Katsuragi 04/513 11/2 4/3 2/3 1/3 VIA RD BenaWer- 99/517 11/2 VIA DOL 28/2 3/3 5/3
      1,076 words
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      Page 35 Advertisements Column 3
      312 35 Mb MYANMA lyßßk HVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg HPA-AN VIS9W In Pt PATHEIN VIO9W 9/12 Feb —4/8 Feb MYOMAYWA VI32W In Pt Ski PAGAN VI67W 14 Feb THE BANK UNE (A service of Andrew Weir Shipping) VT SEMI-CONTAINER SERVICE HEAVY LIFT
      312 words
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      Page 38 Advertisements Column 1
      799 38 jßnftß-i infs^Ma integrated container service FROM FAR [AST TO NORTH CONTINENT OUTBOUND SIN FLX BRV RD* ANT HBG BRANDENBURC WMIO6 7(2 1/3 7/3 10/3 9(3 5/3 EUROPEAN SEN WFIO7 9/2 12/3 t/3 4/3 14/3 CYS FRONTIER WFlOg IS/2 13/3 U/3 10/3 14/3 LONDON SEN WFIO9 17/2 17/3 15/3 14/3 11/3
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      Page 38 Advertisements Column 2
      957 38 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 10/02 17/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE MLANO DESTINATIONS FAR EAST PORT KELANG 8/02 15/02 MANILA 9/02 16/02 PENANG 8/02 15/02 BUSAN 9/02 16/02 BANGKOK 7/02 4 11/02 TOKYO 14/02 4 21/02 HONGKONG 11/02 4 19/02
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      Page 38 Advertisements Column 3
      203 38 LOADING FOR vtssu sra*( cbo MN B*I«S nvioto mo sn wt j^cua MOSTWtCN I W M Hl* OPT V 91 Ml 2 DISCHARGING FM BRAZIL yessii llraM huc urn. mi *<* *<>• T,l5 I iff |iw W Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med Ports. Sect
      203 words
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      Page 38 Advertisements Column 4
      1044 38 'fe fij i* $T *3P CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE "J; 2, MISTRI ROAD. HMC BUILDING p A X *****66 #15 00. SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: CO6TAR SHIPPING PTE LTD F«OK EUROPE VtSStL/VOY I SGP I ROT HAM FLX AWT DKK
      1,044 words
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      Page 39 Advertisements Column 1
      890 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA til IPI Destns 11/2, IK/2 I EUROPE all Ports 12/2, 19/2 BANGKOK 12/2, 17/2 HONGKONG/CHINA 8/2, 12/2 SYI), MEL, ADEL, BRIS 14/2, 21/2 FREMANTLE 16/2, 21/2 MANILA 14/2, 21/2 PKLG/PENANG 10/2, 17/2 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
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      Page 39 Advertisements Column 2
      254 39 fcrt RICHFIELD MARINE AGENCIES (S) PTE LTD Sf TEL: *****33 (12 Lines) m FAX: *****15/*****03 tb TELEX: RS ***** RISHIP (3 Lines) rsT\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSfcI TvOY ETA LOADING FOR SPORE I ABBA' ttONZ 2TV4B 11/02 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      254 words
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      Page 39 Advertisements Column 3
      698 39 te_P.T. MASKAPAI PK.I.AYARAN 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 B*fQAPORt INOONtEtA SERVICE VSL VOY SIN JKT PAJ SIN
      698 words
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      Page 39 Advertisements Column 4
      1011 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY SPORE SYD MEL VESSEL VOT SINGAPORE BANGKOK PIVA BHUM 0101 13-14/2 26 2»/2 02 04/3 NANTA BHUM 27N In Pt 6/2 Sat 9/2 PLANETA 0246 2001/3 13 15/3 17 19/3 JENLINK 43N Ffi t/2 Mo<i 11/2 PIYA BHUM 030? IS-IX3 7t 3ft3 01 03/1 SIAM PAETRA#
      1,011 words
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      Page 40 Advertisements Column 1
      1134 40 m A M MAC-NELS SINGAPORE J worn tel *****22 import tr nimt TEL (04) *****6 |KK TEL (088) *****0] TAWAU TEL (089) 7/86/9 P KELANG TEL: (03) *****77 IKUCHING TEL (082) *****3 SKAN TEL (089) *****2 LzJXz/VzJL BAHRU TEL (07) *****2 IsißU TEL (084) *****2 LABUAN TEL 087 4 4599
      1,134 words
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      Page 40 Advertisements Column 2
      416 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI ANI) TAHITI SIN N PLY AUCK LYT mil RfRA 19S 14 Feb 24 Feb Vij NPL 27
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      Page 40 Advertisements Column 3
      691 40 /SSI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivo7 TeTjT |B£ST VESSEL VOT ETA PEST KIM SOON LI 5/91E 08 FEB PENANG JENHOL
      691 words
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      Page 40 Advertisements Column 4
      327 40 MjIMORBULKX HORBULK CARGO SERVICES LTD. I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES_| SP PK LOADING FOR I SOLSYN NB-124 10/2 12/2 I OCEAN TRADER NB-12S 12/2 14/2 SETE/ROM/ANT/UK I Fswk/sabah loading for I 11/2 KANDLA/KARACHI I ISP PK LOADING FOR I TBN 11/2 20/2 ALEX/ALGIERS I •ALSO LOADS SABAH
      327 words
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      Page 41 Advertisements Column 1
      833 41 \a«n compania peruana de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, 110* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msia THOMASEVERETT K3OA6 Feb KARABIEVERETT 07« Feb 09/11 Feb ROSEEVERETT 18/20 Feb 211Z3 Feb 26/28 Feb Wr\ "EVERETT
      833 words
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      Page 41 Advertisements Column 2
      472 41 VSI Ivor Is POKE [MAINLINED ILAX |KST |SAV NYC HEX ZIM OSAKA 16E 4,2 ZIM TOKYO 14(3 73,3 2M 28/3 30/3 A VESSEL 15i2 tM TOKYO 14/3 »3 26-3 »3 3»3 ZIM SINGAPORE 3M 21,2 Zl* PUSAN 23/3 1/4 4/4 6(4 M ZIM SYDNEY lZ3t 237 ZIM PUSAN Z3,3 1/4
      472 words
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      Page 41 Advertisements Column 3
      709 41 WSING KWANG HANG SHIPPING 4 TRANSPORTATION (PTE) LTO WEEKLY LCL/FCL SERVICE I VESSEL Is PORE I JAKARTA SURABAYA MEKHANIK KURAKO V 4/N 7/2 10/2 IjENWEL V 163N 106/2 I"'? VESSEL 1 SPORE BANGKOK A VESSEL 07/2 10/2 A VESSEL W2 W* DESTINATIONS ETA SINGAPORE PORT KELANG 08 FEB MANILA 0®
      709 words
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      Page 41 Advertisements Column 4
      569 41 ia PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SB Y PHASE TIA 143 A 07/02 10/02 PELOPOH 974 09/02 12/02 PRASETIA 145 A 14/02 17/02 TANTO UTAMA 139 07/02 10/02 TANTO UTAMA 141 14/02 17/02 TANTO UTAMA 143 21/02 24/02 General Agents ASIA
      569 words
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      Page 41 Advertisements Column 5
      380 41 SIN FAB EAST 8/2 KEELUNG/KAOHSIUNG 9/2 BANGKOK 10/2 MANILA/CEBU 9/2 JAKARTA/BELAWAN/SURABAYA 9/2 PORT KELANG/PENANG/E. Malaysia 17/2 BUSAN 10/2 TOKYO/YOKO/KOBE/NGO/OSA 6/2 HONG KONG SIN CHINA 6/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG Tl ANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EBMPE/UH 9/2 LDN/FLX/LVP/SOU 9/2 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Cttch. UN USA/CANADA 19/2
      380 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      727 42 aa CB SHIPPING MARINE SERVICES north queenslano/papua new guinea services CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE )AK SP€ POM LAt TVIUt Y-21S8 31/3 iff W 14,2 192 i 2258 2/3 V 3 1%3 17/3 22/3 P.N.G. FREIGHT NATES PER TEU LCL CARGO B/6ULK GENERAL/FAR U3DIS4O U3065/R T USO7O/R T. f ISOM3 CLASS
      727 words
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      Page 42 Advertisements Column 2
      426 42 I lii i il mi Mi SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE BM T. V 02CW91 8/2/91 3/3/91 4/3/91 9/3/91 N.C. V 26-90W 12/2/91 12/3/91 1/3/91 7/3/91 MB VO3CW9I 26/2/91 20/3/91 21/3/91 26/3/91 KS V.Ol-91W 4/3/91 30/3/91 20/3/91 25/3/91 ALSO ACCEPTING CARGO FOR
      426 words
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      Page 42 Advertisements Column 3
      430 42 VESSEL SIN PTL DBN RBV OANAOS VO3W 03/03 < 3/03 17/03 23/03 A VESSEL VO4W 21/03 31/03 05/04 Accepting FCL and LCL tor Johannesburg B2SEECSH VESSEL RBV DBN PTL SIN KEE BUS ALS STRENGTH VOIE 22/02 26/02 03/03 13/03 22/03 26/03 ALS ENOEAVOUR VO2E 12'03 17/03 28/03 06/04 10/04 ALS
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      Page 42 Advertisements Column 4
      1040 42 Cll/I COn-IURV mTERmnPRIS LCL/FCL SERVICE FROM fX I Bwl rjjSl W CUM op«ralM ov«r 600 lermln*l*/offic*f tn U.S.A. 1 II (IpSij flB m CUM maintain* ov*r 35,000 tractor* truck*. II M\ J CUJI «rv« over 60,000 point* in US.A. I CUJI off«r retire LOf CL wrvio**. General Agent* 7n*Aixr7MMr PENANG
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      446 43 TIDES AND WEATHER TODAY'S TIDES (hqflrt in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 *****600 *****400 1900 *****100 2200 2300 JR 14 20 24 2.6 26 2.4 2.0 1.5 1.2 09 08 08 1.1 1.5 19 2.1 22 2.1 1.8
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      365 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. samudra agung KUALA SIAK IV 6/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 9/2 DUMAI/PEKAN BARU ABADI JAYA 6/2 PEKAN BARU/DUMAI KUALA SIAK V 15/2 BALIKPAPANfSAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS Also accepting
      365 words
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      Page 44 Advertisements Column 2
      678 44 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI COMMANOER 8/2~ 14/2 4/3 7/3 10/3 9/3 CGM PASCAL 00W 25/12 2»/12 1/1 l«/l 27/1 HYUNDAI CHALLENGER 40E 16/2 21/2 11/3 14/3
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      Page 44 Advertisements Column 3
      570 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Hamburg to Copenhjfen Ajrhul Gothenburg Mjlmo SPORE IS'TON M BUItC B HAVEN R OAM LEH Helsinki. Stockholm BREMEN EXPRESS 01.510 4/2 ft 2 22/7 2112 Rottertem to Antwerp Amsterdam o>to. Helsinki LIVERPOOL BAY 0} 514 4 2 71,2 24 2 21/2 Bremenhaven
      570 words