The Business Times, 12 February 1991
1991-02-12
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The Business Times
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Title Section10 1991-02-12 1 Business Times MCI (P) 16/12/90 Tuesday February 12 1991 75*10 words
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NEWS SUMMARY
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60 1991-02-12 1 THE JOHOR BARU district was declared a dengue epidemic area yesterday after the health authorities found the situation to be out of control. State health officer Dr Hajah Latifah Sharif said the number of dengue cases was reported to be rising daily and 8460 words
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Article24 1991-02-12 1 A SQUABBLE is brewing between government-owned Pidemco Land and the tenants of the restored shophouses in Tanjong Pagar Page 224 words
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Article29 1991-02-12 1 WITH the sponsorship by the banks and financial institutions, the relay of news from American-based Cable News Network will be available sooner than expected. Page 229 words
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Article39 1991-02-12 1 INDONESIA'S oil palm hectarage and crude palm oil production have been growing by leaps and bounds, underlining the republic's moves to become the world's largest producer and exporter of palm oil by the mid-1990s Page 939 words
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Article18 1991-02-12 1 THE Australian government has suspended the 17-year-old wool floor price scheme until June 30 Page 918 words
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Article22 1991-02-12 1 MOSCOW has replaced perestroika with policies that are strangling the country's fledgling private enterprises, say Soviet businessmen Page 1022 words
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Article30 1991-02-12 1 WESTERN aid efforts for the formerly communist countries of Eastern Europe are taking off as the region suffers its grimmest winter since World War II Page 1030 words
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Article29 1991-02-12 1 THE National IT Masterplan is being drawn up by a newly appointed steering committee with the help of 11 sectors of the economy Page 1429 words
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Article25 1991-02-12 1 PULITZER-PRIZE winning playwright David Mamet's third film. Homicide, is a film about a Jewish detective on a big-city police force. Page 1725 words
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Article36 1991-02-12 1 IN SPITE OF the Gulf crisis, occupancy rates for Singapore warehouses improved in the third quarter of last year, but the industry is still cautious about its near-term prospects. Shipping Times Page 136 words
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MARKETS SUMMARY
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Article56 1991-02-12 1 SHARE PRICES continued to rise at the start of trading on Wall Street yesterday, with the Dow Jones average of 30 leading industrials up 4.21 points at 2,834.90 points five minutes after the opening bell. The gains were fairly broad-based with advancers outnumbering decliners on the Big Board56 words
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Article45 1991-02-12 1 WITH the market convinced that a cut in British interest rates is imminent, share prices surged ahead in London early yesterday with the futures market leading the way. At noon, the FT-SE 100 Index was up 25.7 points on Friday's close, at 2,270.9.45 words
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Article36 1991-02-12 1 TECHNOLOGY Resources Industries, formerly Roxy Electric Industries (M), is joining the transportation sector with its purchase of a 23.4 per cent stake in Malaysian Helicopter Services for MSI 11.15 million Page 336 words
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Article35 1991-02-12 1 THERE is concern that the appointment of a financial advisory committee to the Thai Prime Minister will affect the Bank of Thailand's independence and the balancing of fiscal and monetary policies Page 835 words
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Article, Illustration28 1991-02-12 1 Monday Change BT-MGA 632.59 +4.49 Kuala Lumpur ....518.32 -0.61 Hongkong 3,394.08 +34.99 Tokyo Closed Sydney 1,366.4 25 Friday Change New York 2,830.69 20.05 London 2,245.2 +1.528 words
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Article20 1991-02-12 1 Exchange rates USS SS 1.7110 100 Yen SSI.3388 MS SS0.6361 Money market rates Overnight 4-1/8 -1/8 3-month 4-5/8 unch20 words
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Article35 1991-02-12 1 London Gold AM fix US$368.00 -US5-0.30 Rubber S'pore Mar l44.75«/kg unch M'sia Mar 228.50«/kg unch KL Tin Turnover 53 tonnes+29 Spot MS 14.71/kg -0.06 Crude palm oil Turnover 500 Iocs -30 Feb MS844/tonne +635 words
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Article, Illustration510 1991-02-12 1 S N Vasuki - By S N Vasuki IN A MAJOR development at DBS Bank, Mr Ngiam Tong Dow, non-executive chairman since last year, has been appointed executive chairman and chief executive officer. The appointment is part of a restructuring exercise undertaken by the bank which510 words
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Article, Illustration583 1991-02-12 1 Amy Balan - Indirect 27pc stake in NZ's second largest brewer By Amy Balan ASIA Pacific Breweries (APB) is taking a half share in a NZ$5OO million (SSSIS million) venture with New Zealand conglomerate Brierley Investments Ltd (BIL) in a cross deal which will give it583 words
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Article, Illustration420 1991-02-12 1 Lilian Ang - By Lilian Ang THE GOVERNMENT has designated the American ambassador's plush residence in Grange Road as a conservation area, a move that could reduce the value of one of the choicest properties in Singapore. Contacted yesterday, a US embassy spokesman said this would not420 words
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401 1991-02-12 1 Genevieve Cua - By Genevieve Cua THE business travel market is starting to bounce back, says a Japan Airlines official, following the spate of cancellations brought on by the outbreak of war in the Gulf. JAL public relations director Geoffrey Tudor said from the Tokyo head office401 words
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Page 1 Advertisements
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Advertisement153 1991-02-12 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 Money Changer Rates 27 27 Commodities 26 Money Market 25 World News iu Cryptic Crossword 27 Regwnal Co News 4 l 4 12 Regional News 9 for market indces. editorial. Financial News 8 Regional Stock Markets 24 advertising and circulation ex153 words
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Advertisement56 1991-02-12 1 Nikon The World's Finest Photographic System. Reaching out to Asia-Pacific, Pg 3 Spinning off to cut huge debt, Pg 3 ULTIMATE WATCH Icy mu/t'd? a/iier Boutique/ SINGAPORE #01-36, Lucky Plaza, 304 Orchard Road. Tel: *****27 #01-04, The Shopping Gallery. Hilton International Singapore. 581. Orchard Road. Tel: *****95 #01 03. Palais56 words
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HOME NEWS
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NEWS ROUNDUP
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107 1991-02-12 2 I HE National Institute of Education (NIE), which will be established on July 1 as part of the Nanyang Technological I uiversity (NTU), will take over the important role of teacher Jiication from the Institute of Education (IE) and the College f Physical107 words
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Article105 1991-02-12 2 11 IE Singapore Medical Council has ordered that Dr Liow Sicw Choon of Liow Yu Long Clinic at Blk 555, Ang Mo Kio Avenue 10, be suspended for three months after finding him guilty of overcharging two patients. A Ministry of Health press release yesterday said that105 words
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Article72 1991-02-12 2 i HE Oriental Singapore will be giving out Mandarin oranges and a lucky ang pow> with two cents to every taxi, limousine, roach and company driver driving up to the hotel entrance on the first three days of Lunar New Year. The hotel staff will be distributing the72 words
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Article, Illustration140 1991-02-12 2 I HE Economic Development Board announced yesterday that it has appointed a now member to the board and, at the same time, expressed its appreciation to tuo outgoing members. Chan Hua Bee, senior vice-president and senior managing director of Conner Peripherals, became an EDB board140 words
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Article, Illustration386 1991-02-12 2 Lilian Ang - By Lilian Ang TWO YEARS after the launch of the Tanjong Pagar conservation project (Phase I), a squabble is brewing between government-owned Pidemco Land and the tenants of the restored shophouses. The tenants are unhappy with managing agent Pidemco, which they say386 words
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386 1991-02-12 2 Magdalene Ng - By Magdalene Ng SPONSORSHIP by banks will help to bring live Cable News Network broadcasts to Singapore faster than otherwise possible, the Singapore Broadcasting Corporation said yesterday. The statutory board is negotiating with Atlanta-based CNN for a 24-hour link-up. But386 words
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313 1991-02-12 2 WITH competition from Batam and Johor, and NTUC Radio Heart's recent debut, an encouraging start has been made to overhaul the radio scene here. The next bastion, logically, must be television, argues Member of Parliament Lim Boon Hcng. Writing in the latest issue313 words
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Article, Illustration241 1991-02-12 2 THE first Singapore trade and industry exhibition to be staged in the Soviet Union will be held in September. The Singapore Industrial and Trade Exhibition (SITEX Soviet '91) in Moscow will be a showcase for Singa-pore-made goods. It will also serve as a241 words
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Page 2 Advertisements
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Advertisement256 1991-02-12 2 _jppr t* The longer your cash takes to get where it's going, the more costs you. Taking advantage <#****>'■ of opportunities in cash management requires control and quick response. there's to have access to your an<J ni^ ht U) P ut y° ur mone > where you want to, when256 words
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Advertisement11 1991-02-12 2 CNN's success in war coverage seen as triumph of concept, Pg611 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration702 1991-02-12 3 William Chia - Move will trigger Mss3Bm mandatory takeover offer By William Chia TECHNOLOGY Resources Industries (TRI) has agreed to acquire more shares in Malaysian Helicopter Services (MHS), a move which will oblige it to make a Mss3B million mandatory general offer for the Malaysian transport702 words
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Article595 1991-02-12 3 Shoeb Kagda - Profiles of Asia Pacific Breweries and Brierley Investments By Shoeb Kagda ASIA PACIFIC Breweries (APB), maker of the famous Tiger and Anchor beers, has been a successful joint venture between Fraser Neave and Dutch brewer Heineken for the past 60 years. Formerly known as Malayan Breweries,595 words
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503 1991-02-12 3 Conrad Raj - By Conrad Raj BRIERLEY Investments Ltd, which is spinning off part of its Magnum Corporation subsidiary to a joint venture with Singapore's Asia-Pacific Breweries (APB), is one of New Zealand's largest conglomerates with substantial interests in New Zealand, Australia, Europe and the US.503 words
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Article, Illustration458 1991-02-12 3 Magdalene Ng - By Magdalene Ng TWO MONTHS after selling his entire stake in United Industrial Corporation, Oei Hong Leong has set his eyes on a Hongkong investment holding company, Tomson Pacific, whose shareholders include prominent businessmen from Hongkong, Taiwan and Macau. In an announcement last458 words
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COMPANY BRIEFS
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177 1991-02-12 3 THE New Straits Times Press (Malaysia) Berhad will use the net proceeds from the restricted offer for sale and disposal of the new Renong Berhad's shares, to be issued as payment for the former's proposed disposal of 18,991.500 shares of Msl177 words
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Article65 1991-02-12 3 AMALGAMATED Steel Mills Berhad has failed to obtain the approval from the Capital Issue Committee for its proposed issue of Ms27o million, 4 per cent redeemable unsecured loan stock 1991/1996 with 82,099,200 detachable transferable subscription rights. In a statement on behalf of ASM, Arab-Malaysian Merchant Bank65 words
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Article44 1991-02-12 3 $APURA Telecommunications Bhd had been informed by Sapura Holdings Sdn Bhd that the latter holds 30.949 million shares in the company following the disposal of 696,000 shares on the open market between Dec 24, 1990 and Jan 7, 1991.44 words
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Article42 1991-02-12 3 BERJAYA Corporation (M) Bhd said its ultimate beneficial interest in Sports Toto Malaysia Bhd now amounted to 66.998 million shares following the acquisition of 10.61 million shares between Jan 24 and Feb 4, 1991 by its subsidiaries.42 words
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Article31 1991-02-12 3 AJINOMOTO (M) Bhd has been informed by Sekim Amanah Saham Nasional that it owns 1.848 million shares in the company following a bonus issue of one for five.31 words
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201 1991-02-12 3 SESDAQ entrant Inter-Roller Engineering Ltd's public issue of $3.8 million has been subscribed 6.6 times. DBS Bank, which managed the material handling company's share offer, said last night that the issue attracted 3,356 applicants for 38.47 million shares totalling $25 million. Inter-Roller had offered 6.5201 words
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Page 3 Advertisements
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Advertisement175 1991-02-12 3 Will you call me from your hotel, darling.' A i ANA HOTEL SINGAPORE v.-.,,,, 11 ill S, Hi-';. I. m 1... V I utl. I K-ll.m alioii- '•••<■, 1.,1 »<••>.! I I "TioJU 1.1. v WMIMN KS.'IM M i.-.. UP. LIVING IT EACH WEEKEND, put up your executive feet, and175 words
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REGIONAL COMPANY NEWS
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454 1991-02-12 4 AFP JAPANESE financiers are continuing to invest in the French property market, considering that it holds good potential, although many experts hold that the sector is heading for a recession this year. The biggest Japanese construction company, Kajima, with annual pre-tax profits ofAFP - 454 words
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295 1991-02-12 4 Reuter MIM HOLDINGS Ltd of Australia said the shutdown of its Mount Isa smelter would cut crude lead available for shipment to Britain by 9,000 to 10,000 tonnes. An MIM spokesman said lead ore would continue to be mined, milled and concentrated atReuter - 295 words
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362 1991-02-12 4 THE SHELL Co of Thailand, a unit of the Royal Dutch/Shell group, will significantly expand its Thai petrochemical and chemical businesses, reported the Bangkok Post on Saturday. The company, through its affiliated firm Pattanadhorn, recently acquired a 10 per cent share362 words
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210 1991-02-12 4 Reuter MITSUBISHI Motors Corp and the Dutch government have discussed the possibility of Mitsubishi taking an equity stake in AB Volvo's 30-per<ent-owned Dutch unit Volvo Car BV, a government spokesman said. Mitsubishi president Hirokazu Nakamura and the Minister of Economic Affairs Koos AndriessenReuter - 210 words
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COMPANY BRIEFS
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67 1991-02-12 4 THE Indonesian telecommunications corporation, Perumtel, awarded contracts worth US$25O million (*****.75 million) to two consortiums led by Alcatel of France and PT Elnusa of Indonesia to install 600,000 lines in Indonesia under the Third Telecommunications Project of the republic reported the Jakarta Post yesterday. The67 words
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Article83 1991-02-12 4 NEW ZEALAND'S Magnum Corp Ltd said it would buy the Auckland-based Associated Wholesalers Ltd (AWL) from Woolworths New Zealand Ltd, which is part of Dairy Farm International Holdings Ltd, effective in March. Magnum did not disclose the sum involved in the purchase, being done83 words
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Article76 1991-02-12 4 TOYOTA Motor Corp has reported a 1 per cent decline in net earnings despite increased sales for the six months ended Dec 31. Japan's largest motor car maker on Friday posted a profit of US$l.l6 billion, while its operating profit fell 15 per cent, to US$l.4976 words
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Article104 1991-02-12 4 CREATIVE Investment Holding Co, a listed firm in Hongkong, yesterday bought a 20 per cent stake, worth about 1,242 million baht, in Siam Fortune through the Stock Exchange of Thailand. Siam Fortune told the SET that its shareholding structure has not been affected because the104 words
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117 1991-02-12 4 THE revamped Elders IXL, now named Foster's Brewing Group, yesterday announced a A$ 105.5 million (US$B2 million) net profit for the six months to Dec 31. As Elders, then run by John Elliott, the company recorded a A$ 152.6 million (US$ll9 million) net profit in the117 words
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Page 4 Advertisements
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Advertisement139 1991-02-12 4 How to get 10 countries on one line within 30 minutes. ggy^Jl y. l '»•»>'» t. A I^HK. Jt^jS^toM International Telephone Conference Service You don't have to leave Singapore to hold a destinations and telephone numbers of the people quick international meeting. You can do it all on you wish139 words
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Page 5 Advertisements
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Advertisement502 1991-02-12 5 I Nikon The World's Finest Photographic System J WHILE OTHERS ONLY CLAIM... WE PROVE THE TEN GREATEST WORLD'S FIRST INNOVATIONS IN PHOTOGRAPHY ARE OURS! a Bl 1 ilATft] if> ||d 31 tiffj nlsj Ii i tfj| I Kl'.M»i* 111 jcj ***** Ch H|l^Ti2l|ljt3MlKlaSriliHSllriMliaiH^^B^^MEM^HUMMUlC^^^^^^^^^^^^^^^^^^l m J[j t yj g MXllljmLliliLtt£iJlfcilsilllliliiMi.llll>U vo502 words
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INTERNATIONAL COMPANY NEWS
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COMPANY BRIEFS
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95 1991-02-12 6 UK PROPERTY GROUP MEPC pic has agreed to sell its Eagle House development in the City of London's Cannon Street to the Bank of China. The building will be the Chinese bank's new British headquarters. MEPC did not disclose the sale price of the95 words
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Article82 1991-02-12 6 THE READER'S Digest Association said last week that it would begin publishing a Hungarian-language edition of Reader's Digest in October. The magazine will be published by a wholly-owned subsidiary in Budapest, which will be the first Reader's Digest company in an East European country. The edition82 words
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Article97 1991-02-12 6 SEARS ROEBUCK and Co's former chairman Edward Telling called totally irresponsible and false a published report that he is seeking support of other Sears directors to oust current chairman Edward Brennan. "The story is totally irresponsible and false," Mr Telling said in a statement in Chicago97 words
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Article47 1991-02-12 6 PLAYMATES International Holdings Ltd said it has established a sponsored ADR American Depositary Receipts programme with Citibank acting as the depositary bank. The company is principally involved in the design, manufacturing and marketing of toys through its subsidiary companies in North America and Hongkong.47 words
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Article, Illustration779 1991-02-12 6 NYT THE success enjoyed by the Cable News Network in the first weeks of the Gulf War has been largely a triumph ot a concept: providing news as it happens from all over the world around the clock. "It's asNYT - 779 words
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186 1991-02-12 6 Reuter PARKER Automotive Corp has announced that The Remington Cos has tentatively agreed to acquire a controlling interest in Parker in return for an immediate and substantial cash infusion. Parker Auto spokeswoman Diane Parker declined on Sunday to provide details before the signing ofReuter - 186 words
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713 1991-02-12 6 NYT WITHIN the magazine industry, it is jokingly known as "turning pigs into magazines". But a project that got under way in the Soviet Union yesterday with the publication of a Russian-lan-guage agricultural magazine is one of the most remarkable American-Soviet jointNYT - 713 words
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Page 6 Advertisements
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Advertisement206 1991-02-12 6 E UNTIL APRIL 30 th ALL ROOMS AT HOTEL CONRAD HONG KONG HAVE BEEN LOWERED BY 40%. We advise you to sit down. Because there's an offer at Hotel Conrad that will knock you right off your feel. Stay in any of our spacious rooms until April 30th, 1991, and206 words
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Page 7 Advertisements
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Advertisement29 1991-02-12 7 RACE AHEAD IN A COMPETITIVE MARKET. BE IN THE YELLOW PAGES Bl HH Sw Sb Sl|ji Ibk. IL a a -W'"?t. -^P^^pT* |9H Sf^Ks^fe Jfl lL jj^^r I V29 words
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FINANCIAL NEWS
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SMALL CHANGE
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79 1991-02-12 8 THE Group of Seven is not in favour of exchange rate stability at all costs, Bundesbank President Karl Otto Poehl said. "Some people think you have to have stability of exchange rates at all costs," Mr Poehl said. "That is79 words
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Article79 1991-02-12 8 BRITISH Prime Minister John Major said he sees no need for a devaluation of the pound's central rate within the European exchange rate mechanism (ERM). "I don't believe the pessimists who always believe you must devalue in order to remain competitive," Mr Major told a Young79 words
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Article46 1991-02-12 8 THE National Bank of Dubai said profits grew in 1990 to 466.3 million dirhams (Ss2ls million) from 437.9 million dirhams in 1989. The assets of the bank rose to 24.1 billion dirhams in 1990 from 23.09 billion in 1989, it added.46 words
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Article88 1991-02-12 8 WESTPAC Banking Corp said it would cut its indicator lending rate to 14.9 per cent from 15.75 per cent, effective March 4. The move follows the sharp decline in wholesale interest rates and base rate cuts by National Bank of New Zealand (to 14.75 per88 words
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Article52 1991-02-12 8 MARKET MAKERS in British government bonds (gilts) recorded in 1990 their first profits since the 1986 "big bang", which saw a complete overhaul of the market s structures. The Bank of England said as a group the 19 market-makers posted last year post-tax profits of52 words
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Article, Illustration329 1991-02-12 8 Reuter FRENCH Prime Minister Michel Rocard said he thought France would not need to raise interest rates as a result of the 0.5 point increase in German rates on Jan 31. In an interview published in yesterday's edition of the newspaperReuter - 329 words
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759 1991-02-12 8 NYT WITH long-term US interest rates at their lowest levels in more than a year, some credit market analysts are beginning to wonder whether the bond market rally that began in mid-January has run its course. Bond yields have fallenNYT - 759 words
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648 1991-02-12 8 Central bank said to be questioning appointment of advisory committee to Thai PM THE APPOINTMENT of a financial advisory committee to the Thai Prime Minister is seen as a threat to the Bank of Thailand's independence, according to an informed source in the Thai648 words
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Article, Illustration484 1991-02-12 8 Interest rate increase raises new questions NYT THE GERMAN central bank's surprising decision to increase interest rates last month has raised new questions about Germany's commitment to international cooperation in general and to Western Europe's goals of economic integration and monetary union in particular.NYT - 484 words
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438 1991-02-12 8 Reuter THE Bush administration's reforms to reshape the troubled US banking system and make it competitive internationally will please big business but could hurt consumers, say industry analysts in Washington. The loag-awaited proposals, unveiled last week, would scrap Depression-era rules that preventReuter - 438 words
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Page 8 Advertisements
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Advertisement117 1991-02-12 8 Standard Poor's Information Group #^AMPLEIE WVERAGE... You can use S&P Com Stock BBBK software, access key news such as AP/Dow Jones Financial Wire f and financial information services. S&P Com Stock can provide W •»»•»< > ««■»»«■»;you with everything you need to react to the market quickly, V\ accurately and117 words
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Advertisement107 1991-02-12 8 The Bio Decisions Lunch I Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice Jt of 28 gourmet dishes. These include: > Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs s Salmon and Lobster Roulade107 words
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THE REGION
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392 1991-02-12 9 David Chew - By David Chew INDONESIA'S oil palm hectarage and crude palm oil (CPO) production have been growing by leaps and bounds, underlining the republic's moves to become the world's largest producer and exporter of palm oil by the mid-*****. Between 1979 and 1989, the land392 words
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Article, Illustration54 1991-02-12 9 An aerial view of the Mihama Nuclear Power Plant in Mihama, Fukui Prefecture, central Japan. The No 2 reactor, seen in the middle of the three reactors, shut down and an emergency cooling system was activated last Saturday after an abnormally high level of radiation was detected.AP picture - 54 words
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NOTE BOOK
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85 1991-02-12 9 LAOS, one of the world's poorest countries, expects imports worth U*****.5 million and exports of U*****.6 million in 1991. The figures represent a 15 to 20 per cent rise in imports and a 13 to 16 per cent rise in exports, according to a85 words
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Article66 1991-02-12 9 THE PHILIPPINES' state-run casinos posted record gross incomes in 1990 and the first month of 1991 in spite of an economic slump and lower tourist arrivals. The Philippine Amusement and Games Corp recorded a record monthly gross income of 383 million pesos (about 5523.3 million)66 words
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Article56 1991-02-12 9 AUSTRALIA'S Industry Commission chairman Tony Cole will become Secretary to the Treasury on Thursday. Mr Cole becomes the public service's top economic adviser to the government following the death on Dec 6 of Treasury Secretary Chris Higgins. Mr Cole was Treasurer Paul Keating*;; first private secretary56 words
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Article77 1991-02-12 9 THERE WAS ONLY a slight upturn in Peninsular Malaysia's timber trade in November last year with total shipments of 327,570 cubic metres worth M 5215.9 million (about Ssl3B million), representing a rise of only 4 per cent in terms of volume and 3 per cent77 words
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305 1991-02-12 9 AFP THE Australian government yesterday suspended the 17-year-old wool floor price scheme until June 30. The decision, announced by Primary Industries Minister John Kerin, was in effect a refusal to guarantee farmers a minimum price for wool at a time of worldAFP - 305 words
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416 1991-02-12 9 Bernama MALAYSIA'S own little Eden is how the primary commodities sector views Setiu, Trengganu's "youngest" district that is a verdant epitome of how well people can live off the land. The district of 134,000 hectares is so well suited to the cultivationBernama - 416 words
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Page 9 Advertisements
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Advertisement190 1991-02-12 9 T R A D E FINANC I WKmmLf I l\ a^r ;i i> t«s i#IWM n i j -Ji m>*L tti&mtmKMKmß^B t L ■■■■■■■■■flight iftßll 1 ISBiill M [#nK,Va2%«* vtf mi ii iMk5 i ntti. MW%i2 f I i >v K fc if your business is expanding into new tanking,190 words
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THE WORLD
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WORLD WATCH
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66 1991-02-12 10 THE SOUTH KOREAN GOVERNMENT is planning to form a task force on how to ensure Seoul a role in whatever security arrangement emerges in Iraq and Kuwait after the war, the Yonhap news agency reported yesterday. The task force would devise66 words
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Article79 1991-02-12 10 I HE BARBED WIRE and concrete barriers that cut Germany in two for more than 40 years, including the Berlin Wall, are being sold off cheap or even being given away, the soldier in charge of the demolition programme said in Berlin yesterday. "Everything must79 words
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Article84 1991-02-12 10 A FIERCE OFFENSIVE by left-wing guerillas may cut Colombian economic growth by half a percentage point this year, Finance Minister Rudolf Hommes said in Bogota last Sunday. The rebel Colombian Revolutionary Armed Forces and National Liberation Army carried out scores of attacks last week, many directed84 words
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Article78 1991-02-12 10 US SENATOR Edward Kennedy has proposed a US$92 million (Ssls7 million) aid package for Liberia. He recommended in Washington last Sunday the aid tor the West African nation, which he described as one ot the most critical and neglected humanitarian emergencies in the world". The78 words
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Article81 1991-02-12 10 CHINA'S gross exports in January were US$3.9B billion (556.81 billion), a 40.8 per cent increase over the same period last year, the official People's Daily said yesterday. China's gross imports increased by 19.8 per cent over last January to US$3.O7 billion, it said but gave81 words
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Article81 1991-02-12 10 DOMESTIC FLIGHTS in China cost foreigners and residents of Hongkong, Macau and Taiwan 10.6 per cent more from last Sunday. Quoting a Civil Aviation Administration of China (CAAC) official, the China News Service said yesterday that the price rise was necessitated by November's devaluation of81 words
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307 1991-02-12 10 Local groups criticise Gorbachev's latest moves Reuter THE Soviet government has replaced perestroika with policies that are strangling the country's fledgling private enterprises, Soviet businessmen said during a weekend conference in Moscow. "A period of uncompromising struggle against free enterprise has begun," businessReuter - 307 words
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329 1991-02-12 10 Reuter WESTERN aid efforts for the ex-communist countries of Eastern Europe are taking off as the region suffers its grimmest winter since World War 11. The International Monetary Fund (IMF) and Group of 24 (G-24) donor nations are putting finishing touchesReuter - 329 words
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279 1991-02-12 10 Reuter GERMANY'S IG Mctall engineering union has called for German companies to pay a levy on profits to pay for the costly reconstruction of eastern Germany. Such a levy was used to finance the rebuilding of German infrastructure afterReuter - 279 words
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Article, Illustration288 1991-02-12 10 Reuter BRITISH Prime Minister John Major has said that inflation, which he has called Britain's core economic problem, will fall consistently this year. "It is now becoming clear day after day that inflation is falling and will continue to fall for the restReuter - 288 words
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Page 10 Advertisements
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Advertisement392 1991-02-12 10 How Do Yon Like Your Coffee, Of course there any such thing as printers also comes with the widest selection grey coffee. But if you had to decide just by of 13 outline fonts, 11 bit-map fonts, multilooking at the quality of these two pictures, emulation for maximum font creativity392 words
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THE GULF WAR
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594 1991-02-12 11 Gulf conflict shows up the region's lack of political clout AP ALTHOUGH Asia's rapid economic expansion has led to talk of a dawning "Pacific Century", the Gulf War is proving that the region remains a political backwater. Asia watched from the sidelines asAP - 594 words
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155 1991-02-12 11 AP THE beating that Iraqi forces have been taking in the Gulf War can be traced in large part to key decisions on weapons development by none other than Jimmy Carter. US military analysts cite the former president's decisions to develop such weapons as theAP - 155 words
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Article, Illustration52 1991-02-12 11 American Marines lining up at a satellite ground station somewhere in the Saudi Arabian desert to telephone home last week. Several of these ground stations have been set up so that military personnel can make calls to their families. Reuter pictureReuter picture - 52 words
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311 1991-02-12 11 Dexter Lee - By Dexter Lee SEVERAL major airlines, led by British Airways (BA), have resumed flights to the southern emirate of Dubai. A statement from the Dubai Commerce and Tourism Board said the resumption of flights reflected confidence that the city was "not in any311 words
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572 1991-02-12 11 Ire of a country caught in political crossfire NYT FOR WEEKS an open secret in the Middle East, the precarious state of King Hussein's rule in Jordan is suddenly surfacing as a crucial facet of the Gulf crisis. "Everybody knows that Amman is shaky,NYT - 572 words
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525 1991-02-12 11 AFP THE ASIA-PACIFIC advertising industry is getting stung by fallout from the Gulf war after a heady boom in the last four years, but there is confidence that the bonanza will resume after the last shot is fired. Soaring costs, slipping consumer demand andAFP - 525 words
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Page 11 Advertisements
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Advertisement36 1991-02-12 11 The Biggest Offer On Print. I mmmm Buy An Epson EPL 7100 for $1,990 And Get A Free Imaging Cartridge And Jlemorv l/ Expansion Of 1.5 MB (Together worth $917) While stocks lust. I w I36 words
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Advertisement328 1991-02-12 11 The Perfect Toss LaoCi! Usher in Fortune, Success, Tff Health, Prosperity and Longevity at jfefo Fook Yuen Seafood Restaurant famed for its authentic, choice Hong Kong-style Cantonese cuisine! To get ahead in the Year of The Goat, our gourmet Hong Kong chefs have prepared a succulent, must-have fresh salmon Yu328 words
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Article483 1991-02-12 12 EDITORIAL IT WAS a generous gesture executed with a gentle touch. As a result, Prime Minister Goh Chok Tong will invariably garner the goodwill of the Malay/Muslim community on account of lending his support for the five-year plans of the various Malay groups aimed483 words
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WHAT THE OTHERS SAY
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Article199 1991-02-12 12 THE attempt by the Irish Republican Army to kill British Prime Minister John Major and his War Cabinet last Thursday came as a shock. The mortars shattered any assumptions that an open society and a vibrant democracy are a sufficient antidote to terrorism, for terrorism which treats violence199 words
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Article132 1991-02-12 12 THE Indonesian response to the Growth Triangle Concept has been very encouraging. Instead of just Batam, the concept is being widened to include almost the whole of the Riau Archipelago. The Ss6 billion joint investment between Singapore and Indonesia, including private enterprise participation, is seen as132 words
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Article147 1991-02-12 12 WHILE the proposal that citizens should pay lower taxes than permanent residents is worthy of support in principle, its impact on the tax system and the economy as a whole has to be carefully studied. We also have to consider the possible effects it will have on147 words
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REGIONAL VIEWPOINTS
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Article116 1991-02-12 12 THAT was some task for the Malaysian Administrative Modernisation and Management Planning Unit (Mampu) reviewing all licenses, permits and approvals related to investment and business. The objective is to cut red tape. Malaysia is fortunate to have a civil service that is responsive to changes, but many people116 words
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Article163 1991-02-12 12 A CALL to bring back hanging was one of the less logical aspects of the debate in the Legislative Council on the state of law and order in the territory. Six members of varied persuasions all supported the notion that the return of capital punishment would help163 words
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Article, Illustration1734 1991-02-12 12 Matthew Wald - Opec will face an uncertain future in the post-Gulf War period. Matthew Wald reports Matthew Wald NYT OPEC, founded in 1960 in Baghdad, may now be withering there. The Gulf War may do longlasting damage to the Organisation of Petroleum Exporting Countries, expertsNYT - 1,734 words
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Page 12 Miscellaneous
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Miscellaneous68 1991-02-12 12 DOONESBURY BY GARRY TRUDEAU U/5 MAJOR E"BUZZ"FQ66 A JIN7ACCS 6-2 CONFIRMATION /> T.,^ 5 GREAT m ANPiUPecoNPUcrmio-m from a frontune roc of th 6 huh' ■in A dune anyone FfEW SUR&CAL COMfMt HUE JUST NAH COMFARW TO WHAT H£ gy m t MAX PO Y u *,rr** mioev you UP68 words
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ANALYSIS
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849 1991-02-12 13 Francis Cline - Francis Cline reports on the implications of the Lithuanian vote for independence Francis Cline NYT. THERE was at least one popping ehampagne cork maybe two; accounts differ. There was a modest cry of "Hurrah!" from some aberrant individual, and thus went theNYT. - 849 words
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Article, Illustration1294 1991-02-12 13 Genevieve Cua - The Gulf War is taking its toll on Japanese airlines. But both Japan Airlines and All Nippon Airways are optimistic that when the war is over, travellers will be back. Genevieve Cua reports on how the airlines are preparing for the post-war travel1,294 words
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Article, Illustration709 1991-02-12 13 Robert Thomson - Japan has lifted a ban on banks advertising on TV. Robert Thomson reports on how the countiVs banks have been trying to improve their image on television Robert Thomson FT JAPANESE banks have just begun what they describe, using borrowed English, as an "image-up"FT - 709 words
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Page 13 Advertisements
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Advertisement102 1991-02-12 13 T" Now Zip gives you instant boiling water 5{25f5 every minute of the day... »JUST TURN ON THE TAP ZIP OUT-DATES URNS. KETTLES. COFFEE BARS AND JUGS MODELS TO SUIT EVERY KITCHEN, HOSPITAL AND SCHOOL. ZIP IS FULLY AUTOMATIC AND STEAM-FREE SAVE YOUR STAFF TIME NOW! I Mail coupon for102 words
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INNOVATION & TECHNOLOGY
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TECH TAKES
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147 1991-02-12 14 JAPANESE computer giant NEC Corp has reached a licensing agreement to use semiconductor technology developed by Dutch electronics group NV Philips. According to a recent report by the Yomiuri Shimbun, the agreement would enable NEC to produce semiconductors using the Dutch company's bus system,147 words
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Article72 1991-02-12 14 SUN MICROSYSTEMS has received the "Excellent Product Award" from Japan's leading industrial newspaper Nikkei for its SPARCstation family of RISC (reduced instruction set computing) workstation. Nikkei awarded a total of 36 products introduced into the Japanese market in 1990, out of about 14,300 products. In the72 words
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Article142 1991-02-12 14 THE Federal Trade Commission of the United States is investigating the trade practices of a computer industry software consortium, the Open Software Foundation which comprises leading computer firms like IBM, Digital Equipment and Hewlett-Packard. Founded almost three years ago, it aims to create an operating system142 words
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Article76 1991-02-12 14 CHICAGO-based SPSS has appointed Nicole S Williams, former senior vice-president of finance and administration, to the newly created post of executive vice-president. She will also continue to be a director and a corporate secretary for the board of directors, said SPSS chairman Norman H Nie. SPSS76 words
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449 1991-02-12 14 Reuter LAST JUNE, Roche Holding of Switzerland paid US$2.l billion (553.5 billion) for a 60 per cent stake in United States-based Genentech, the world's most successful biotech company, giving the Swiss drugs group the first significant European foothold inReuter - 449 words
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Article, Illustration390 1991-02-12 14 Claire Leow - Eleven sectors will help build IT infrastructure By Claire Leow TO EXTEND the use of information technology (IT) to all levels of Singapore society, the National IT Masterplan is being drawn up by a newly appointed steering committee with the help of 11390 words
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268 1991-02-12 14 OIL GIANT British Petroleum has awarded contracts worth a few million dollars to Singapore-based computer firm Automated Systems (ASL) to integrate its operations in Singapore, Malaysia and Hongkong. Under the agreement, ASL's regional offices will sign separate but similar contracts with BP's268 words
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373 1991-02-12 14 AP SEVEN PATIENTS with a fatal lung disease are living normal lives after receiving singlelung transplants in a new surgical procedure, a surgeon said in Savannah, Georgia, last month. In a separate report, scientists said it might be possible to transplant pigs' heartsAP - 373 words
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561 1991-02-12 14 Claire Leow - By Claire Leow Diabetics, take heart. Local researchers are working on a new treatment that could make daily insulin injections a thing of the past. Insulin is needed to control the body's sugar level. But a diabetic cannot produce sufficient insulin as his body561 words
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Page 14 Advertisements
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Advertisement111 1991-02-12 14 I CONFERENCE ON OBJECT-ORIENTED TECHNOLOGY Technology is the "new wave" in the development Day 1: OBJECT-ORIENTED ANALYSIS AND DESIGN of application systems. The Keynote Speaker: Douglas Bennett (Design Ways) Object-Oriented approach y r attempts to manage the Day 2: OBJECT-ORIENTED LANGUAGES AND TOOLS complexity inherent in Keynote Speaker: Dr Brad111 words
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Advertisement127 1991-02-12 14 NOTICE NOTICE IS HEREBY GIVEN that, l HorChcrChang Richard of No 35 Jala Hqi Aim #01-12 Corona ViOe Singapore 1026, hive applied for a first dan Public House licence in respect of premises at M/s Our Pub at 44 Dux ton Road Singapore 0208 md that this application will be127 words
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CORPORATE FOCUS
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Article, Illustration712 1991-02-12 15 With car sales slowing, dealers are in for a bumpy ride NYT American car dealers have been going out of business in droves, and those that remain are adopting survival tactics. The intent is not only to lure customers, but toNYT - 712 words
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608 1991-02-12 15 NYT LEADING American retailers reported generally disappointing results for January, creating concern over profits in the final quarter and the year as a whole. Twelve of the 19 largest chains announcing their results had declines or minimal gains at stores open at leastNYT - 608 words
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Page 15 Advertisements
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Advertisement697 1991-02-12 15 THE BANK OF ASIA, LIMITED NOTICE SEVENTY-SECOND ANNUAL GENERAL MEETING lurmrF m HEREBY GIVEN that the Seventy-second Annual General Meeting of the members of the Bank will be 1991 at 11:00 a.m. for the following purposes (1) To receive and cons,der the Reports of the Directors and of the Auditors697 words
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Advertisement817 1991-02-12 15 I THE BANK OF EAST ASIA, LIMITED ANNOUNCEMENT SUMMARY OF RESULTS I The Directors of The Bank of East Asia Limited announce that the audited results of the Bank for the year ended 31st December 1990 were as follows 1990 1989 Increase HK$ HK$ i Consolidated profit after providing for817 words
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Page 16 Advertisements
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Advertisement1402 1991-02-12 16 WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Valentine's February 13,1991 Indulge in each other. If s your special day. At the Hyatt let romantic airs surround you and whisper tender promises of love and joy. Nutmegs candlelight and jazz at $170*1,402 words
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Page 16 Miscellaneous
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Miscellaneous836 1991-02-12 16 TELEVISION AND RADIO a -m w cnn«> Sk 'P s datc 52 Baretta (Cont'd). BUSINESS ON RADIO LJ A 1 J bBW 7.30 News (M). 5.30 The Adventures of Gulliver security tißZHfci i* ?*s+**»*%-an*** l>. 5.55 ji? 9^mY^p^'* 1 n ®7 the Opera 9.00 News at Nine. 6.00 News (M).836 words
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LIFESTYLE
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Article, Illustration1100 1991-02-12 17 Peter Brunette - David Mamefs new film Homicide is more than your average Hollywood cops and robber story, reports Peter Brunette. Perhaps the most unconventional aspect of it is that the detective is Jewish. Peter Brunette NYT Dressed in faded jeans and work boots, the Pulitzer PrizewinningNYT - 1,100 words
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Article, Illustration888 1991-02-12 17 Simon Fanshawe - What is a connoisseur of good food to do in an age when fitness, it is suggested, is next to godliness? Simon Fanshawe offers some solutions. Simon Fanshawe Punch WHEN Oliver Twist asked for more, he was either courageously defying authority or being aPunch - 888 words
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Article, Illustration678 1991-02-12 17 CHATTERBOX IN Oak Park. Michigan, pub-lic-minded citizens have banded together to form the A Mikhail Gorbachev Fan Club la of North America. The club P is affiliated with the Interna- rc tional Club of Supporters of (S Mikhail Gorbachev, which b has its678 words
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Page 17 Advertisements
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Advertisement236 1991-02-12 17 AND ENTERTAIN Set Your Heart On Our Set Meals. UJNCIf: I */|yl W 2 JOPM 114.50*♦ 1 1L» V rFR ptRSON DINNtR b KPM 1U '4L lO.vpm ti4so» P£R PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays. ANA236 words
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Advertisement89 1991-02-12 17 Your heart's tv in the right place Show your valentine an extraordinary evening. 1 Savour romantic creations in our 4-course I San Valentino Dinner. xhe Starting Point of smoked salmon salad WwiKf Tasty Hearty Soup Exquisite Love Me Tender veal or Hooked By You garoupa fillet Wwy Special Sealed With89 words
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SPORTS
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SIDE LINES
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100 1991-02-12 18 THE New Zealand Rugby Football Union will press ahead with its bid to stage the 1995 World Cup, despite an attempt by Australia to support an application by South Africa. George Verry, the union's chief executive, said the issue was discussed100 words
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Article63 1991-02-12 18 WALLY JOYNER set an arbitration record when arbitrator Gil Vernon awarded the California Angels first baseman a salary of US$2.l million for the 1991 US major league baseball season. It was the first US$2 million salary ever awarded in arbitration and broke the previous record63 words
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Article111 1991-02-12 18 STEPHEN HENDRY staged a superb comeback against Mike Hallett to achieve a fine win on Sunday at Wembley, in the final of the Benson and Hedges snooker Masters, when at one time all seemed lost. The 31-year-old Hallett stormed into a 7-0 interval lead with breaks of111 words
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Article72 1991-02-12 18 ROBERTO LEZAUN of Spain won the 29th Tour of Andalusia on Sunday over Jesper Skibby of Denmark, finishing with the same aggregate time as the Dane but winning on the basis of stage placings. The two finished the six-day, 1,027-km cycling event in 24 hours, 2172 words
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Article81 1991-02-12 18 A SPARKLING performance by American sprinter Leroy Burrell and a new women's 5,000 metres indoor record stole the show at an all-star athletics meeting in Stuttgart on Sunday. Burrell streaked home in 6.575 ec in the men's 60 metres, the fastest performance in the world so81 words
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Article87 1991-02-12 18 BETH DANIEL began the 1991 season where she left off last season winning. Daniel, the 1990 US LPGA Player of the Year with seven victories, turned back challenges by Nancy Lopez and Laura Baugh with three birdies on the final eight holes on Sunday to win87 words
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Article61 1991-02-12 18 808 CHARLES, capitalising for the second time in three years when misfortune struck his playing partner on the 17th hole, beat Lee Trevino and George Archer by four strokes on Sunday to win the U*****,000 Suncoast Classic senior tournament in Florida. Charles shot a 2-under-par 70 to61 words
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224 1991-02-12 18 AP BEN JOHNSON edged out Cuba's Andres Simon in a photo finish yesterday to win the Yomiuri Chitose Indoor Track and Field Meet in Osaka. It was the second firstplace finish in four starts this season for Johnson, who is trying to make aAP - 224 words
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Article, Illustration722 1991-02-12 18 AP AUSTRALIAN Darren Cahill won his second singles title in seven years as a professional by defeating Brad Gilbert 6-2, 3-6, 6-4 in the championship match of the Volvo-San Francisco tournament last Sunday. In the doubles championship match, Wally Masur and JasonAP - 722 words
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451 1991-02-12 18 AP IT IS TIME for Sugar Ray Leonard to hit something that doesn't hit back. That's exactly what he's going to do. "I want to do what I planned to do a long time ago take golf lessons," Leonard said early lastAP - 451 words
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Article, Illustration855 1991-02-12 18 NYT FOR THE runner who cannot get out on the road or the tennis player who cannot serve because of an aching back, hearing from sports medicine experts that no sport is intrinsically bad for your back, or that sports don't causeNYT - 855 words
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354 1991-02-12 18 AP COREY PAVIN stunned his old friend and golfing foe Mark O'Meara with a 40-foot chip-in for birdie on the first play-off to win the Bob Hope Classic in California last Sunday. "1 really didn't expect him to make it, but I guessAP - 354 words
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Page 18 Advertisements
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Advertisement10 1991-02-12 18 Details in Business Times on February 13,1991 B<ngfiof Pr—a HokMnym10 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4466 1991-02-12 19 Diana Oon - By Diana Oon BUYING of index-related stocks pushed the Straits Times Industrials Index higher by almost eight points to finish at 1,302.03 yesterday. "The STII managed to breach the 1,300 level quite early in the day, but there was some profit-taking in the afternoon," said4,466 words
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Article4070 1991-02-12 20 Main Board Alex HldgsSO* 255 +45 +21 4% F&N 790 +30 +3.9% Cold Store50 t 320 +21 +7 0% Semb Shipyard 610 +20 +3.4% OCBC 800 +15 +19% Asia Pacific 1010 HO M.0% DBS 990 +10 +1.0% OCBC Foreign 885 +10 +1.1% Prima 550 +104,070 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3964 1991-02-12 21 Bernama THE Kuala Lumpur share market continued its uptrend on strong renewed buying yesterday morning but profittaking activity in the afternoon pared earlier gains, resulting in prices finishing mixed to firmer. The KLSE Composite Index fluctuated narrowly to close 0.61 point lower atBernama - 3,964 words
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Page 21 Advertisements
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Advertisement84 1991-02-12 21 Hotel service wars Those frequent flyer programmes SINGAPORE BUSINESS j~ t/CUP"TI3/8190 VOL 15 No 2 FEBRUARY 1991 MONTHLY S4_ wv r« 1 Investnit* 111 strategies V\ hither and choices for copino vvith 1991's uncertainties the Goat? Spotlight on Cerebos Pacific. Malaysian Airline System Available at your local newsstands and at84 words
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BT SHARE INFORMATION SERVICE
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Article243 1991-02-12 22 Company Oat* Year Group Not Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) CtC Jan 14 Sep 90 $53,947($34,649t 308(23 5a> 15(8 Sa) f&N Jan 14 Sep 90 $53.080($62,868) 30 1(365) 179(179) H Msia Jan 14 Sep 90 $1.886($402) 11 4(24) 20(5) Times Pub243 words
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Article200 1991-02-12 22 Company Oat* Year Group pre-tax Net earnings Gross ann to proflt/loss (L) per share dividend C000) (cents) G Securities Feb 6 Dec 90 $3,029(52.130) 3.1(2.0) 10(7.5) M Cement Jan 17 Nov 90 MJ61.313(J39.640) 18 5(11.5) 68 3|(16TE) H leong Credit lan 8 lun 90 M$35.181(M$25,440) 21 8(16 4)200 words
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Article352 1991-02-12 22 INTERIM RESULTS Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) BMT Feb 8 Dec 90 $600($457) 50(—) Khong Guan Jan 31 Oct 90 $139(5451) Inter Pacific Jan 26 Oct 90 M$63.497(J55.405) 4(5) Centrepomt Jan 25 Oec 90 $10,309($7,926) 29(2.9) Beriaya Corpn Jan 24 Oct352 words
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Article981 1991-02-12 22 Feb 11 Bandar Raya Development Bhd will launch the first phase of its billion-nnggit Capital Square protect in May this year Feb 8 Jardme Matheson Hokfings, its subsidiary Strategic Holdings, and associates Dairy Farm and Mandarin Oriental have received approval to list their shares and warrants on the981 words
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Article258 1991-02-12 22 Current Ex Books Date Total for Total tor payment date doso payable the year last year A*H>T 3c(e) Dec 14 lan 3 Feb 18 3c 28( Astan Find USJO 10(b) Mar 18 Mar 28 Apr 8 US$010 Awno 5*11 Feb 25 Mar 7 May 15 125*TE 25*TE BUT258 words
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Article566 1991-02-12 22 Singapore Stocks Last FuN Year Company Penod Date Year Net EPS Oats Net arranced enfc h (end) J* profit last rear (1000) CAB Pacfcapif Interim Nov 13 Dec 90 29.7 13.2 11.616(e) BMT Interim Jan 10 Jun 91 254 2 150.0 773 Apolo Final Feb 16 Dec 90566 words
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Article188 1991-02-12 22 Company Rights Issue H Leang Craft Two-tor five MJ2 80 per share Ei-date Feb 21 Books dose Mar 7 Acceptance Payment NYA Company Bonus Issue H Leone Crtdt Three-tor five Ex-date Feb 21 Books dose Mar 7 Oriental «dp One-tor fine Ex-date Feb 8 Books dose Feb 25188 words
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Article729 1991-02-12 22 BONDS, LOANS WARRANTS Company Conversion period Conversion term for on ordinary shore CtC Nt Betoft 26 4/93 1 warrant phis *3 09 cash 1 Cauuway Lam I Cauuway Nt 2/10/89 to 20/10/94 1 warrant phis $0 77 cash or 1 warrant plus 50 77 nominal amount ot loan stock. Chan729 words
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Article197 1991-02-12 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 togh: 1124 12 7/2/91) 1991 Ngh: 1302.03 (11/2/91) 1991 km: 1022 52 (16/1/91) 1991 tow: 1149 08 (16/1/91) 1990 toglt 1435 43 (16/7/90) 1990 high: 1607.12 (27/3/90) 1990 tow: 981 07 09/11/90) 1990 tow: 1079.50 (11/10/90) 1989 high: 1322 00197 words
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Article23 1991-02-12 22 Weame Brothers Ltd: 76th AGM at 65 Chulia Street #33-00. OCBC Centre, Singapore 0104 on Wednesday, Feb 27, at 10.30 am.23 words
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Article265 1991-02-12 22 Company Rights Issue Ata,,, One-for two M$1 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at MSI per share with 10m detachable TSR Onefor four to. MJ2 00 per share FHQg Capital Reduction Scheme to reduce par value of shares from 50265 words
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Page 22 Advertisements
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Advertisement402 1991-02-12 22 NOTICE NOTICE IS HEREBY GIVEN that, I LimLianChai of Blk 305 #06-104 Senmgoon Ave 2, Singapore 1955, have apphed for a Retail Liquor Shop licence in respect of premises at MA Top 89 Minimait at Blk7 #*****2 North Bridge Road, Singapore 0719, and that this application will be heard in402 words
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Advertisement360 1991-02-12 22 NOTICE NOTICE IS HEREBY GIVEN that, I, Tamilsalvi tyO Manickam of Blk 210 Serangooo Central, 104-248 Singapore 1955, have applied for a Retail Liquor Shop licence in respect of premises at MA Jothi Trading at Blk 261 Serangooo Central Drive, #01-27 Singapore 19SS and that this application will be heard360 words
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Advertisement78 1991-02-12 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery78 words
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Article1662 1991-02-12 23 Keh H V a™ 8 \en High l/m (1)00) 2E?" no10 1470 unch 1480 1460 726 ifc,: 636 19 A.,k EP°" A,rVka ys 1300 unch 1320 1300 1551 1 'rcwcncs 1120 unch 1140 1120 439 hem Industry 754 4- 24 760 733 3298 Asahi l\-nka Kogyo 8311,662 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2072 1991-02-12 23 Reuter HONGKONG stocks finished higher across the board yesterday in a liquidity-driven rally ahead of the Chinese New Year holiday later this week, brokers said. The blue-chip Hang Seng Index gained 34.99 points to close at 3,394.08 and the broaderbased Hongkong Index rose 23.22Reuter - 2,072 words
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Page 23 Advertisements
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Advertisement7 1991-02-12 23 On target, chartpoint in BT on Saturday7 words
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REGIONAL STOCK MARKETS
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Aussie stocks finish sharply higher
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Article853 1991-02-12 24 BULLISH sentimeit and hopes of another cut in official interest rates yesterday sent the Australian share market to its highest close in almost three months. Brokers reported heavy offshore interest in the top 0 stocks, and local institutions were dso active. The All Ordinaries Index rose 25 points, or853 words
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Article672 1991-02-12 24 THAI stocks yesterday rallied strongly in heavy trade focised on bank and finance issues as iivestors reacted to rumours that some tanks will split their 100 baht pars soon, brokers said. The SET Index closed 16.86 points higher at 745.22 on a 6.2 billion baht turnover. Bangkok Bank gained672 words
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Article86 1991-02-12 24 INDICES TURNOVER Close Pmkm* Feb II SYDNEY All Ordinaries Index 1.366.4 1.341.4 25 All Industrials Index 2,140 4 2.104.6 35.8 All Resources Index 777.3 760.9 16.4 Turnover (million) 74.82 75.25 -0.43 BANGKOK SET Index 745.22 728.36 16.86 Turnover (million baht) 6,200 5,600 +600 JAKARTA Composite Index 381.23 381.28 -0.05 MANILA86 words
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Article780 1991-02-12 24 SEOUL stocks fell slightly on profit-tak-ing from Saturday's gains and brokers said investors remained cautious in the absence of favourable news. The index closed the day at 629.57, down 1.7 points from the previous session. Turnover was thin at 107.2 billion won against 75.6 billion at Saturday's half-day close.780 words
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Article471 1991-02-12 24 MANILA share prices surged yesterday after a two-day correction, showing its underlying strength amid favourable economic indicators and gains posted in overseas share markets. The Manila Stock Exchange composite index rose 34.96 points or 4.1 per cent to close at 876.68. Brokers said many traders put their money back471 words
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Article489 1991-02-12 24 THE Taiwan stock market concluded the Year of the Horse on the Chinese zodiac on an upward note with share prices posting phenomenal gains yesterday. Extending the winning streak of Saturday's 80.88-point advance, the benchmark 220-issue weighted price index closed the last trading day of the Lunar Year at489 words
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343 1991-02-12 24 In local currenc) In S$ In US$ day change S year da> year da> year FEB 8 Index change change change change change 380.2 0.6 6.2 0.6 7.4 0.5 9.0 fEAFE 493.2 0.7 4.9 0.9 8.1 0.8 9.7 Europe 382.4 0.6 4.9 0.4 6.5 0.3343 words
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Article292 1991-02-12 24 NEW ZEALAND shares ended the day much stronger when overseas demand for blue chips in the afternoon boosted a market that had languished in the morning. The Barclays Index jumped about 32 points to 1,407. Rises outnumbered falls 27-6. Brierley accounted for 4.13 million of the 12.38 million292 words
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Article71 1991-02-12 24 BOMBAY share prices drifted broadly lower yesterday as hopes of an early end to the Gulf war faded, brokers said. The Bombay Stock Exchange index fell 16.73 points or 1.63 per cent to 1,013.50. The national index lost 8.36 or 1.59 per cent to 518.19. Brokers said selective purchases71 words
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Article647 1991-02-12 24 Reuter PRICES on the Jakarta stock exchange barely moved yesterday, with the official index easing 0.05 points to 381.23. Volume rose to 2.39 million shares from 1.31 million on Friday. Indocement dominated trading, with 330,000 shares traded on the big board and 308,500 on the regular market. It edgedReuter - 647 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration839 1991-02-12 25 David Gabriel - THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures. SINCECharts by TeleTrac - 839 words
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309 1991-02-12 25 ASIA THE US DOLLAR fluctuated in a narrow range during the European morning session yesterday with the downside limited by speculation of further central bank intervention. Continued range trading is expected for the rest of the day. By 1100 GMT the dollar was309 words
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Article1231 1991-02-12 25 SI EX K o Open High Low Sett Est Vol Op/lnt Vol Mar 9 93.32 93.36 93.32 93.35 1824 ***** 3055 N Jun 91 93.43 93.46 93.42 93.46 2195 ***** 3064 J Sep 91 93.30 93.34 9330 93.34 500 4524 924 s Dec 9 92.99 93.02 92.99 93.021,231 words
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Article391 1991-02-12 25 Cross rates Feb II I USS SS MS Dm Yen SFr A$ NZS US$ 1.7110 2.6900 1.4570 127.80 0.5025 1.2435 1.2821 ***** S$ 0.5845 1.5722 0.8515 0.7469 0.2937 0.7268 0.7493 0.9733 MS 0.3717 63.61 0.5416 0.4751 0.1868 0.4623 0.4766 0.6191 Dm 0.6863 1.1743 ***** 87.71 0.3449 0.8535391 words
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Article552 1991-02-12 25 Interbank rates S$ Bid Offer Overnight 4 1/8 4 1/4 1-month 4 1/2 4 5/8 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 4-9/16 USS Bid Offer 7 days 6 7/16 6 9/16 1 month 6 7/16 6 9/16 2 months 6 5/8 6552 words
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COMMODITIES
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312 1991-02-12 26 MBT THE TERMS of the cocoa contract on the Kuala Lumpur Commodity Exchange (KLCE) are being revised to meet the requirements of traders in the region. The move is also aimed at attracting a larger number of participants to the exchange. Among theMBT - 312 words
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403 1991-02-12 26 Reuter THE Gulf War has proved spectacularly that gold is no longer a safe haven, and just about the only factor preventing its price from plunging is buoyant demand for jewellery, bullion market analysts say. But with recession looming, even that prop couldReuter - 403 words
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836 1991-02-12 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market fell six sen to MS 14.71 per kg following the lower London Metal Exchange last Friday. Dealers said the LME was down by US$lO. There was a lack of836 words
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Article1384 1991-02-12 26 Rubber Feb n MS !■>■>—) S cents/kg Noon Post Inl 1 RSS Prompt I43.00/144.00N 143.00/I44 00N Int 1 RSS Mar 91 144.75/145.25 I44.7VI45.25 Int I RSS Apr 147.50/148.00 147.50/148.00 Int 2 RSS OP 142.00/144.00N 142.00/144 00N Int 3 RSS OP 137.00/139.00N I37.00/139.00N Int 4 RSS OP 133.00/135.00N 133.00/135.00N Int1,384 words
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Page 26 Advertisements
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Advertisement878 1991-02-12 26 NOTICES M THE HATTER OF THE CGMPAMES ACT, CAP SO M THE MATTER OF UAHGI SERVICES PTE LTD m rnmam wlumtjwt—mm un NOTICE 8 ttRESV GIVEN M a ai Emortfcwy Ganar* Mm** of tw Ccatpan* mm convanad aid Md at 36 Rcttaon Road MfrOMB C% Houm 3>ypcraoto6 on 11 Fdnn;878 words
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Advertisement660 1991-02-12 26 M THE MATTER Of THE COMPAMES ACT, CAP SO M THE MATTER OF ■DARLEE W VESTMENT PTE LTD p aaeeer vouwwr wioww) NOTICES HEREBY GIVEN t* a at Exttcrtftnary Qamral Uaalng of tta Company mm oonvanad had at 36 Rcbhacn Road **01 KB C% Houaa SktppaaOiO6onllFa*vMryi9oll» Moafetf raaofclcna wtn duly660 words
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Advertisement11 1991-02-12 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1065 1991-02-12 27 City Right ETA Flight ETD AJtai Dhabi GA893 1235 GA892 0355 GA974 2135 GA886 2220 Adelaide SQ228 1910 QF82 2115 QF7 2155 2 Ammaa RJ83 0350 Amsterdam GA893 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Athous SQ24 2215 Auckland NZ351,065 words
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THE TRAVEL PAGE
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Article, Illustration637 1991-02-12 27 Mary Blume - LETTER FROM PARIS jf//y/ By Mary Blume ALL over town, restaurateurs are moaning about falling business. Recently, at the annual directors' meeting of the Soupe Populaire in the Saint Sulpice quarter of the Left Bank, the chairman noted that there were only about onethird as637 words
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Article149 1991-02-12 27 As at 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.330 1.350 Canadian dollar 1.4640 1.4840 NZ dollar 1.015 LOSS Sterling pound 3.387 3.407 US dollar I.70S0 1.7200 local dollars to 100 units of foreign currency Austrian schilling 16.50 17.50149 words
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Article63 1991-02-12 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Feb 9-17 International Hamburg Hamburg Messe *****569-0 Feb 19-21 Air Traffic Holland Expoconsult (0707)*****5 Tourism, Caravan Und Congress Control '91 (UK) Ltd and Automobile GmbH Exhibition Feb 27- Photo, Cine and Zurich, Zuspa *****5055 Feb 13-17 International63 words
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Page 27 Advertisements
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Advertisement43 1991-02-12 27 Bud, youll be a lot wiser when you learn about Firtnair's New Ifork route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish.43 words
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Advertisement29 1991-02-12 27 ■B m I^ks3^s Sfes *£L t Valentine style W1 i i i i The latest news and hat to do in Styi6 much more. From lunch-time. Monday to Saturday.29 words
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Page 27 Miscellaneous
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Miscellaneous293 1991-02-12 27 1 Part support but 9 It's only fair the board should accept new role (9) 10 Time taken by conserva- 881-"THf-"BBT-tionists' representative (5) 11 The great height's topping! 11 i I I BB^I dope doubly favoured (8) iT 13 There's danger in concoct- "I II I I I I I293 words
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Miscellaneous214 1991-02-12 27 Singapore Outlook: Showers over several areas in the late afternoon and early evening. Forecast Maximum temperature 31.3 Assoc humidity 66% Minimum temperature 23.8* C Assoc humidity 93% Hours of sunshine 2.55 Rainfall in mm 0.9 Rainfall this month 7.1 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland214 words
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Miscellaneous43 1991-02-12 27 )."nftßY —G>EX rn£ ON —TUO-T'S OUN Fvr l NO- r^P^y.. fve n£\/£K OtJCP IT'S Pi I -£.P*RD TVART TOprr-reR or ure. BePoce....v>jv4o Yoo p»Np rMss voce s ovt you A QUICK* ©V/ICK7/&G6l£*A Vl 7 TV sy G s €S. O" STANOARO CO LTO.43 words
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483 1991-02-12 28 Chinese, Soviet envoys seek peaceful solution to month-old war THE WAR Agencies THE IRAQI government announced yesterday that all 17-year-old males will be conscripted into the army and promised "severe" revenge for three weeks of relentless allied air raids. An Iraqi Cabinet minister alsoAgencies - 483 words
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478 1991-02-12 28 Lee Han Shih - Record $205 billion in total trade registered By Lee Han Shih SINGAPORE'S exports to its biggest market, the United States, last year shrank for the first time in at least 15 years. Trade Development Board figures released last night showed that Singapore478 words
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341 1991-02-12 28 AP DEVELOPING Asian economies that boomed in the 1980s face bleaker prospects in the early 1990s due partly to the Gulf war and the breakdown of global trade talks, says a senior UN official. "Although our region's trade performance in the 1980s wasAP - 341 words
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214 1991-02-12 28 UPI THAILAND has offered to play a key role in the re-con-struction of infrastructure inside war-torn Cambodia even before a settlement of the 12-year-old Cambodian conflict. Thai government spokesman Pridiyathorn Devakula said that Premier Chatichai Choonhavan offered to assist development in Cambodia duringUPI - 214 words
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176 1991-02-12 28 Bernama INDONESIA expects to face greater difficulties in exporting its commodities to industrial countries if the multilateral Uruguay Round of trade negotiations fails to reach accord on the General Agreement on Tariffs and Trade (Gatt). Junior Trade Minister Sudrajat Djiwandono said that Gatt's failureBernama - 176 words
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Article, Illustration696 1991-02-12 28 MANO SABNANI; MANO SABNANI - The Bottom Line MANO SABNANI MANO SABNANI The writer is BT's Editor DESPITE the grave problems in the industry, an overhaul of the banking laws of the US now proposed faces such serious political obstacles that the chief proponents of change say their chances696 words
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384 1991-02-12 28 AP THE United States yesterday offered the Philippines a "realistic" compensation package in the hope of paving the way for an agreement on continued use of six military bases in the Philippines, a US official said in Manila. Terms of the proposedAP - 384 words
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Page 28 Advertisements
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Advertisement366 1991-02-12 28 JIL Baume Mercier GENEVE 1830 I Spies international SINGAPORE I I Tivn management kA INSTITUTE OF I I llTIy development MANAGEMENT I INIIBNAHONM IF I I THE JOB OF THE CHIEF EXECUTIVE I I 11th Annual Session, Singapore March 31 April 5,1991 I Exclusively reserved for top management, the seminar366 words
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Advertisement33 1991-02-12 28 Should Asia stand up and be counted? Pg 11 Several major airlines resume flights to Dubai, Pg 11 Liner shipping beginning to feel the effects of the war, Shipping l imes Pg 1833 words
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Advertisement79 1991-02-12 28 JIL Baume Mercier GENEVE 1830 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax. copier, word processing, secretarial services, conference room, answering service, long short term lease you name it! Your inspection enquiries welcome WORLD WIDE BUSINESS CENTRES IS) PTE LTD 111-04/06 peninsula Plaza,79 words
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Shipping Times
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Article, Illustration550 1991-02-12 29 Selva Kumar - By Selva Kumar DESPITE the onset of the Gulf crisis, occupancy rates for Singapore warehouses improved in the third quarter of last year, but the industry is still cautious about its near term prospects. A total of 115,000 sq m was taken up550 words
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287 1991-02-12 29 Florence Chong - From Florence Chong IN SYDNEY A CONSORTIUM has expressed interest in saving Australia's oldest privatelyowned shipbuilding company, Carrington Slipways Shipyards in Newcastle. Unions were told of a consortium assessing the feasibility of taking over the operation late last week. But287 words
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613 1991-02-12 29 NYT A MAJOR fare war erupted over the North Atlantic on Sunday when British Airways cut its main trans-Atlantic fare by a third and greatly reduced the penalties for cancellations. The moves sharply increase the financial pressure on Trans World Airlines and PanNYT - 613 words
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295 1991-02-12 29 AP AMERICAN Airlines Inc and its pilots union struck a tentative deal on Saturday that ends a 16-month deadlock. both sides announced. The agreement followed two days of bargaining overseen by mediators in Washington, said Lou Townsend, spokesman for the federal National MediationAP - 295 words
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506 1991-02-12 29 Rahita Elias - By Rahita Elias INDONESIA'S second carrier, Sempati Air, which last week launched its first international service, is already casting its eyes on other countries in the Far East and Australia. Mr Hasan M Soedjono, Sempati president director, told reporters on Saturday that the rapidly506 words
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194 1991-02-12 29 SHIPPERS using the port of Fremantle in Western Australia are facing higher charges following the withdrawal of state-run shore-based stevedoring services. The West Australian Chamber of Shipping has expressed its disappointment saying that it had expected charges to decrease after the Fremantle Port Authority194 words
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NEWS SUMMARY
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Article90 1991-02-12 29 GERMANY'S ruling coalition has made it clear that it wants Lufthansa AG to pass into private hands, but analysts say that the market may have to wait until at least 1992. The Gulf war's catastrophic effect on airline traffic, shaky stock markets and a weak dollar90 words
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54 1991-02-12 29 THE EFFECTS of the war in the Middle East are beginning to make themselves felt in liner shipping. The main risk is considered to be the possibility of attacks on shipping in the Suez Canal, which could involve ships being trapped in the canal54 words
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65 1991-02-12 29 JAPAN'S first aerospace show in eight years is to open on Thursday amid uncertainty over the civil and military aircraft industries because of the Gulf war. Show organiser, the Society of Japanese Aerospace Companies, and the police are to enforce tight security for visitors65 words
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LOG BOOK
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103 1991-02-12 30 FERRY SERVICE between Sweden and the troubled Soviet republic of Estonia is to continue despite crippling financial losses caused by the Soviet crackdown in the Baltic, the head of N T Estline said. Since it started up in June as a joint venture between the103 words
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Article74 1991-02-12 30 AUSTRALIA'S flag carrier Qantas Airways will begin regular direct flights from Sydney to Seoul in September, a Transport Ministry official said. A 230-seat Boeing 767 will make one trip a week, but fares and scheduling have not been decided, a Qantas official said. Under an74 words
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Article63 1991-02-12 30 NIPPON Telegraph and Telephone Corp is considering setting up a telecommunications consulting unit in Europe, possibly by year-end. The subsidiary would provide telecommunications technology for foreign carriers and procure equipment from European suppliers for NTT. It would be owned jointly by NTT and its63 words
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Article99 1991-02-12 30 US COMMUNICATIONS company Nynex Corp has withdrawn its bid to privatise the Australian state-owned satellite firm which the government intends to be the vehicle for a second telephone network. Nynex Australia Pty Ltd, a unit of the company, said it had made a business decision99 words
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Article71 1991-02-12 30 THE ALL Nippon Airways of Japan has taken delivery the first of 10 Airbus aircraft, airport authorities said. The short- to medium-haul A-320, which seats 166, will start ferrying passengers between Tokyo and the northern Japanese city of Yamagata on March 16, said ANA. which71 words
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78 1991-02-12 30 CHRYSLER CORP plans to begin production of vehicles that will be able to use more than one type of fuel beginning in the 1992 and 1993 model years, company vice president Francois Castaing said. Castaing. said a range of vehicles would be equipped to use multiple78 words
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Article, Illustration1130 1991-02-12 30 Richard E Smith - The German government is keen to pass Lufthansa AG into private hands, but the Gulf war's catastrophic effect on airline traffic, shaky stock markets and a weak dollar are all delaying the move. Richard E Smith reports Richard E Smith IHT GERMANY'S ruling coalitionIHT - 1,130 words
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Article975 1991-02-12 30 March 5-7: Shipping 2000 Towards Improved Shipping Operations Over the Next Decade, organised by Institut Kelautan Malaysia (IKMAL), Hilton Hotel, Kuala Lumpur. March 12-17: Aviation/Airport Support '91, Manila. Philippines. March 26-28: SingaPort '91 International Conference for the Maritime Industry, organised by Times Conferences. World Trade Centre. For further975 words
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Article11975 1991-02-12 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum11,975 words
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Article3275 1991-02-12 43 -Ajc ConCainertine NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sen-Air Service: Frata Shpg Pte Ltd (S). Alfred3,275 words
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Article256 1991-02-12 43 Abacus onriers Tel 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight C orporation Tel: 542-8844 Fax *****16. *****80. Airswift Uorldwidt mirier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50 Cluster Link Supplies A256 words
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Article1497 1991-02-12 43 Abex Kxpress Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aeroiink Freight International Tel: 545-8033. Fax: *****05 Aerosoeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50 Air1,497 words
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Article3350 1991-02-12 44 ARGENTINA Stevedores began to work to rule Feb I however effects erratic; some ships work reduced to about 40% normal whilst others hardly affected. Barnes Aires: Port busy, most general cargo berths occupied; no undue berthing delays this week Nan I mhw Four vessels in port of which3,350 words
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Article447 1991-02-12 44 ARRIVALS Op Flight Type irrA t From TODAY JAL JL6I7 B747F 0200 1 NRT KAL KE697 B747F 0220 1 SEL NCA KZ205 B747F 0310 1 NRT CLX CV 796 B747F 22 IS 1 LUX/KUL TOMORROW CAL CI333 B747F 01 IS 1 TPE AZA AZ997 BC8F 023S 1447 words
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Article530 1991-02-12 44 SHIP SALES TANKER RATES VESSELS SOU) FOR FURTHER TRADING SOME of the sales reported below may not be Final as they may be subjected to survey, inspection or other conditions before completion.. Tankers Secondhand tonnage broken reported the sale of six gas tankers to unnamed buyers for about U*****.5 million530 words
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Article400 1991-02-12 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA L I U Ports of Cilb Port Aget FEBRUARY 12 12 Cora Princcss 1000 1800 Sin-Jakarta Sembawang Johnson 12 12 Vigncsswara 0900 1830 Cruise-To-Nowhere Greenseas Shipping 13 14 Vigncsswara 1900 1900 Cruise-To-Nowhere Green seas Shipping 15 15 Vigncsswara 1200400 words
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SHIPS IN PORT
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Article539 1991-02-12 45 Voy No Barth Arrival Dcpartire Vnsal Voy No Bcrtti hmtt Departue Keppd Wharves Sin Fontaine 1 P4B 1102/1500 1202/1100 B Keiianga 2/91 K32 1502/2300 Viet Ba 01 1 P3W 1102/1500 1202/1500 l\mry Bay 1 K30 alongside 1102/1100 Kota Ratu E-889 K31 alongside 1302/2300 Sembawang Odessa 291 (P)539 words
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Article1226 1991-02-12 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Slip Voy No Etfa/Btr Period From To From ACX Jade 34A 13/1500 2 11/1700 12/0659 12/0900 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 ACX lotus 9A 12/2300 1 11/1500 11/1659 11/1900 2 11/1700 12/0659 12/0900 Al1,226 words
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Article265 1991-02-12 45 Kuintan Port Berth 1: ml. Berth 2: Megah Brooke Berth 3: Angkor I. Berth 4: Alpha Ace Pim oi berth outer: Tomoe 565 Pafcn oi berth inner nil Mnerai oi berth: Miri Glory Service jetty: Kai|i No 1 Tunda Nusa Tiga Anchoraie: Sang Thai Venus. Han Hui265 words
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Article975 1991-02-12 45 «*nv* tmmmmmmmz^y^^«MMNiaaMiaMiHl CHARTERING volume in the dry bulk freight market on Friday was again average, but firmer fixtures resulted in a further 19 point rise in the Baltic Freight Index (BFI), brokers said. The index rose 62 points on the week on Soviet chartering and tight short-term availability975 words
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Article, Illustration622 1991-02-12 46 THE GULF JaU International Transport Journal THE EFFECTS of the war in the Middle East are beginning to make themselves felt in liner shipping. The main risk is considered to be the possibility of attacks on shipping in the SuezInternational Transport Journal - 622 words
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494 1991-02-12 46 AFP JAPAN'S first aerospace show in eight years is to open on Thursday amid uncertainty over the civil and military aircraft industries because of the Gulf war. More than 350 firms, including about 100 foreign companies, are expected to display the latest in aeronautical andAFP - 494 words
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Page 29 Advertisements
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Advertisement241 1991-02-12 29 BSWEE HfNG METAL CO PTE LTD U TUA3 AVE 14 StNGAPOHE 2»3 TELE* R3 20®?8 3HMCPL TEL 861 M 55 TELEEA* ✓wi Nik f*•"*!•<* StHMACOHto* I lirtK II i 1111 1 far ,< 3 ***>•• Uiyji i Toqu* toctnwr. MALAYS' /Convalof lIMILAMO, IKOOfr»sl\ 0)« Ml LPO flllllffXH COiSanM Hffi Ccnlaww241 words
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Advertisement38 1991-02-12 29 A* Forwarders Air Freight Schedule Container Schedule Couner Services Cruise Ferry Schedules Datty 1 Index to Advertisers Port Conditions Shipping Agents Shipping Guide 10. St*psates/Tanker Rates Ships m Port Singapore Tides Transport Diary Weather and Sea Conditons 138 words
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Page 30 Advertisements
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Advertisement101 1991-02-12 30 FOR WHO, WHAT, WHERE AHD WHEH IH 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 in101 words
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Page 31 Advertisements
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Advertisement2200 1991-02-12 31 lARDINI SHIPPING AGENCIES AsVlvA A«) Cantonment Kuj.l tt'? 0' SwithpOMt Singapore 0208 \llVf# 'EUX NO mmm rll >» firvinai cfs m vans a<o ITftvAjTl BOOKNGS M 1J***** 258 V\V# J SAKA JAROINE SHIPPING AGCNCIES SON ORT KELANG JEt *****18 TELEX MA***** MA***** PENANG TEI 624U4 TftfX NO MA***** CES TEL2,200 words
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Advertisement927 1991-02-12 31 INDEX TjUDVERTISERS Col Page Col *JI M I ABC Containerline 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 3 .MaerskUnc 3 4/5 A *MISC 14 1-3 Lines 9 5 •M *u Shpg Corp 9 1/2 »c/-i < Mercury Line 12 3 lanl927 words
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Advertisement2109 1991-02-12 31 Mumssasm NEXT SAILING TO HONGKONG AND JAPAN CECILIE MAERSK V.9104 ETA 16/2/91 '1 Vessel Voy ETA I EfO 'Port 'Penang DESTINATIONS Singapore Kelang Th»a Undo* M«ersh 9104 Feeder by 0600 HRS Farco HHHHHI CFS I*2 2359 MRS M Tauro OAK LGB MOU MEM ATL MIA CMS BAL PHL NVC MON2,109 words
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Page 32 Advertisements
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Advertisement1319 1991-02-12 32 E7TEEEEBHEH® I'M I B|l|ll tflilliylll^HKl^^^B < 1 A ROTTEDAM/ =====1 A VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVHE HPM I KATSUHAGI 04/513 11/2 4/3 2/3 28/3 I BENALDER 99/517 11/2 28/2 3/3 5/3 CTBrt lNn p HAMBURG EXPRESS 01/516 14/2 7'3 5/3 4/3 4/3 HANNOVER EXPRESS 01/518 17/21,319 words
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Advertisement565 1991-02-12 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SI.A H.OKKANA 22-2H/2 11/3 13/3 19/3 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA PAGO PAGO, APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO SLA FLORE ANA 22-28/2 1/4 3/4 6/4 7/4 8/4 Callao or Santiago via Valpa565 words
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Advertisement1319 1991-02-12 32 gnagift MJists REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOV SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUN 9049 3 15/02 02/03 03/03 08/03 09/02 10/03 11/03 12/03 13/03 NORASIA PEARL 9050 3 18/02 10/03 11/03 15/03 16/03 17/03 18/031,319 words
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Page 33 Advertisements
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Advertisement1934 1991-02-12 33 ®jgSteamers Maritime Holdings Ltd P&O fll IV STRAITS SHIPPING "V J Singapore to BrwMl, East Malaysia, Containers MJ* Vl LWlJlJhllimllirllwMllMlKllWhllklikllß (2* 9 [i'J [M (IKT'I Jf' 1! Kf'l J/'W/ii t KV •ITil KIU IIMMAMBIMMUiHiaiiiAiiiiUHiiAMiHMUa »oy No P Klanj S pore S to»i H Dui| Shaven R'dam Le« HAMBURG EXPRESS 01,5161,934 words
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Advertisement1895 1991-02-12 33 TO: U S A /PANAMA FM- U S A /PANAMA SP OAK LCB C*l FOB SAV HOU NTC NYC NOR SAV CRI IGB OAK SP CHOYAPtG PARK If It/ 10,1 U/3 21/1 Uli 111 2*l »1 JAPAN «*ATOR HA l« 71/1 111 1 ?V1 till 2/2 1(2 til NEW YORK1,895 words
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Advertisement372 1991-02-12 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION TANJUNG TRADER TRADER EMAS VOV NO IS IS 14 S pore IN PT 15/2 23/2 P Kelang U/2 17/2 Penang Yangon Mongta Chittagong Calcutta Yokohama Nagoya Osaka Sen bo* u Hochiminh NOTE ALSO CALLINC OTHER JAPANESE PORTS. HONGKONG.372 words
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Page 34 Advertisements
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Advertisement716 1991-02-12 34 »i MHUI CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY I S PORE I ROAM/ADAM H BURG BRUKN ANTWERP MATARAM/28WB In Pt 22/3 28/3 2;4 4/4 TRIAS UNITYiOOHW 8/3 9/4 W *J 22^ SHIWIJAYA/31WB 2S/3 1/5 2/5 U/5 W FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement Also716 words
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Advertisement846 1991-02-12 34 3* at m.\ HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S pore LEH RTM ANR HAM BRV FEL 2n??c U on C \tn ,fS 7/3 HANJIN MASAN 062W 10? 28,2 1/3 2/3 2/3 4/3 5 3 iff? 2 IS J? 3 2111 HANIIN LEHAVRE 011W V 2 7/3846 words
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Advertisement1279 1991-02-12 34 —ifi TrJ -f—T— PKL SCP HKC KSC KLC PUS HUT OSK NCY SM2 TYO LAX CHS BAL NYC LHV AN* ROM THP MBC PSO CMB PKL SCP I LOADINC RE OM 20/2 2S/2 2W2 1/3 2/3 3/3 4/3 IS/3 27/3 2*3 30/3 1/4 *4 |*J U/J U/« 2W E GIANT1,279 words
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Page 35 Advertisements
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Advertisement1713 1991-02-12 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: i23O974<XXX)E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mm AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48', TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 tt/UB CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.L P (M) E 26I^^ H PK*ang.(O3) *****87,1,713 words
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Advertisement1055 1991-02-12 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VCSSCLS VOTACt |SPOBt |MANIU> HKQWG VOTAU SWWC PKLAWC HBURC BHA«W TILBUOT1,055 words
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Page 36 Advertisements
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Advertisement1253 1991-02-12 36 K** V V AS AGENTS KAWASAKI SINGAPORE (PTE) LTO (CR No: 1244B*****0M) TEL *****77 TELEX KAWAKIRS23I6S C AX *****79 i m I M MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. INDONESIA /'eirotr N. AMERICA PACIFIC SOUTHWEST1,253 words
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Advertisement1149 1991-02-12 36 PHIU-ORI€NT UN€S PT€ LTD 108 ROBINSON ROAD #0 700 GMG BUIL DING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "hST 24 FEB MONTREAL, OTTAWA, TORONTO, 22 FEB DUBAI,1,149 words
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Page 37 Advertisements
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Advertisement1468 1991-02-12 37 »*****f m pacific international lines (PTE) ltd JW m PIL Building, 140 Cecil Street »03-00, Singapore 0106 I JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN KOTA PANJANG 9106 T7/2 1»/2 p BOGRES S 85SN 14/2 17/2 21/2 HAI GUANO 9102 17/2 20/21,468 words
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Advertisement1195 1991-02-12 37 r BEN LINE CONTAINERS LTD N| 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** <5 EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQY SPORE P KLANG SHAMPTON| HAMBURG BHAVEN ROAM L HAVRE KatsuragiT 04/513 inPt 4/3 2/3 1/3 VIA RD Hamburg Express' 01/5161,195 words
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Advertisement315 1991-02-12 37 -mm. MYANMA yStk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen PGdg PAGAN VI67W 14/17 Feb PATHEIN VIO9W 17 Feb ,lb teo 'gt THE BANK lIHI (A Mrvlca of Andrew W«lr Shipping) \r SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA315 words
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Advertisement735 1991-02-12 40 fp'ISR -1 INFSsjgg^ tfUURATED CONTAINER SERVICE FMtt-TAR EAST TO NORTH CONTINENT )UIBOUNO SIN FIX BRV ROM ANT HBC :v$ FRONTIER Wf 108 IS/2 13/3 11/3 10/3 14/3 IONOON SIN WFIOT I 7/2 17/3 IS/3 14/3 11/3 CVS UlOft* NFIIO 17/2 11/3 16/3 15/3 I*3 SOHLAND WMIO/ 21/2 20/3 21/3 IHUtRINCf*735 words
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Advertisement1001 1991-02-12 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 17/02 24/02 LONDON ROTTHIOAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EOROPE INLAND DESTINATIONS FAR EAST 'ORT KELANG 22/02 1/03 MANILA 16/02 4 23/02 •ENANG 22/02 8. 1/03 BUSAN 17/02 22/02 IANGKOK 17/02 4 21/02 TOKYO1,001 words
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Advertisement250 1991-02-12 40 LOADING FOR VESSU [™nc.o DON OA,«S .VIDEO «IO ITS «I gttM mostwuni 7W l« V ***** 2 L niSCHARGINC FM BRAZIL VMStL [SPOTE M«c MNI Ml Y(* NCO ROB ■OSTWEEN I w 1 M OK V-«m.l M M Regular BBulk and Container Service Direct to Turkey. Red Sea/ Med Ports.250 words
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Advertisement1187 1991-02-12 40 r fej fg) is a] V *3? CHINA OCEAN SHIPPING COMPANY I FULL CONTAINER LINER SERVICE TELEX TE R L S Socoshipl• 2. MIST Rt ROAD. HMC BUILDING PAX: *****66 .1 #15 00. SINGAPORE 0207 C ABLE: COSTARLINE CR NO **********0 M I General Agents: COGTAR SHIPPING PTE LTD I1,187 words
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Advertisement821 1991-02-12 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA \ll IPI Destns 18/2, 25/2 1 I EUROPE all Forts 19/2, 26/2 BANGKOK 20/2, 23/2 HONGKONG/CHINA 15/2, 22/2 SYD, MEL, ADEL, BRIS 14/2, 21/2 FREMANTLE 16/2, 21/2 MANILA 14/2, 21/2 PKLG/PENANG 17/2, 24/2 Port Kalang Branch Tel: *****21/2/3 Fax:821 words
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Advertisement324 1991-02-12 41 GS RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnoa) m FAX: *****15/*****03 pi TELEX: RS ***** RISHIP (3 Llnoa) r#A ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL~AND CONVENTIONAL VESSEL IVOY ETA IIOACHNG FOfl SPORE I NETSANE 1 21W8 30/03 DARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA ANDINF324 words
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Advertisement689 1991-02-12 41 W~\T. MASKAPAI PELAYARAN PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS f WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SWWAPOMt IMDOWWIA XWVICr VSL VOY SIN689 words
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Advertisement607 1991-02-12 41 SYDNEY/MELBOURNE BANGKOK VESSEL VOY SPORE SYO MEL VESSEL VOY SINGAPORE !*!!®!ssL_ PIYA BHUM 0101 13-14/2 26 2»/2 02-01/3 MAHA BHUM 46N Tu« hi Pt Fri W PLANETA 0246 26-01/3 13 15/3 17-19/3 NANTA BHUM 2WI Wed 13/2 Sat W PIYA BHUM 0302 15-16/3 71-30/3 01-03/4 NANA BHUM Q2M Sat 16/2607 words
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Advertisement333 1991-02-12 41 i' WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: brussel v 265 ETA 19 FEB 1991 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl Hf« Ifli Haw Ant foo/lfar Li* r»W BRUSSEL 8/1 18/1 20/1 16/1 27/1333 words
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Advertisement1204 1991-02-12 42 W a a MAC-NELS SINGAPORE ["export TEL: *****22"! IMPORT TEL *****021 PENANG TEL: (04) *****6 I«K TEL: (088) *****0' TAWAU TEL (089) *****9 KELANG TEL: (03) *****77 IKUCHING TEL: (082) *****3 I SKAN TEL (089) *****2 LJV/V-J'j. BAHRU TEL (07) *****2 IsißU TEL (084) *****2 LABUAN TEL (087 4 45991,204 words
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Advertisement315 1991-02-12 42 jFerer blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N Pl* AUCK LYT MULBCRA 19S IS Feb 24 Feb Via NPL 27315 words
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Advertisement983 1991-02-12 42 /2TI THONG SOON LINES PTE. LTD. I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES)"" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL ]vOT leTA IdHT KMEL |WT I ETA lEST KIM SOON LI 6/91E983 words
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Advertisement30 1991-02-12 43 LJIJJ D POS T SINGAPORE to MALDIVES tmmm Singapore to Hungary SINGAPORE to SPAIN j:f| J 'MW M SINGAPORE to SRI LANKA COMMENCED IST DECEMBER For enquiries CALL 322 750530 words
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Advertisement6 1991-02-12 44 Read Chartpoint in BT every Saturday6 words
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Page 45 Miscellaneous
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Miscellaneous449 1991-02-12 45 TIDES AND WEATHER TODAY'S TIDES (hq»t in metres) hour 0000 0100 0200 0300 0400 0500 0600 0700 0800 ****************************************1500 2000 2100 2200 2300 IR 20 19 1 7 15 14 14 16 19 23 26 2 7 2.7 24 20 16 1.2 08 06 06 0.7 1.1 1.6 19 J2449 words
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Page 46 Advertisements
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Advertisement400 1991-02-12 46 CHARTPOINT Every Saturday in Business Times PT PEUYARAN. SAMUDRA AGUNG KUALA SIAK IV 11/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 13/2 DUMAI/PEKAN BARU ABADI JAYA 12/2 DUMAI/PEKAN BARU KUALA SIAK V 15/2 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS Also accepting400 words
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Advertisement659 1991-02-12 46 I MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG IBM OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN SISEKK mi wmm Z w ZTwKpiowi Z' 11! m LALAND.A 38E 23/2 28:2 11/3 21/3 24/3 23/3 HYUNDAI COMMANDER 22W 10/1 12/1659 words
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Advertisement635 1991-02-12 46 CHARTPOINT Every Saturday in Business Times Free S'pore: 20th Feb '91. S'pore: A WEST MARINE ENGRG.: Tel: 779 2425/778 0368 Fax: 777 8536 Tlx RS ***** RASEK F«<ttr Iron T*s; PMC I PHI Moltw V«»i SIN LAX OAK MOU |DAL |CHI, I NO* Mt« NYC OUR USA AM BHUM V635 words
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