The Business Times, 12 February 1991

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday February 12 1991 75*
    10 words
  • NEWS SUMMARY
    • 60 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 84
      60 words
    • 24 1 A SQUABBLE is brewing between government-owned Pidemco Land and the tenants of the restored shophouses in Tanjong Pagar Page 2
      24 words
    • 29 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 2
      29 words
    • 39 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 9
      39 words
    • 18 1 THE Australian government has suspended the 17-year-old wool floor price scheme until June 30 Page 9
      18 words
    • 22 1 MOSCOW has replaced perestroika with policies that are strangling the country's fledgling private enterprises, say Soviet businessmen Page 10
      22 words
    • 30 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 10
      30 words
    • 29 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 14
      29 words
    • 25 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 17
      25 words
    • 36 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 1
      36 words
  • MARKETS SUMMARY
    • 56 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 Board
      56 words
    • 45 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
    • 36 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 3
      36 words
    • 35 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 8
      35 words
    • Article, Illustration
      28 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 +1.5
      28 words
    • 20 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 unch
      20 words
    • 35 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 +6
      35 words
  • 510 1  -  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 which
    510 words
  • 583 1  -  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 it
    583 words
  • 420 1  -  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 not
    420 words
  • 401 1  -  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 office
    401 words
  • Page 1 Advertisements
    • 153 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 ex
      153 words
    • 56 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. Palais
      56 words
    • 3 1 Analysis, Page 13
      3 words

  • HOME NEWS
    • NEWS ROUNDUP
      • 107 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 Physical
        107 words
      • 105 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 that
        105 words
      • 72 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 the
        72 words
    • 140 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 board
      140 words
    • 386 2  -  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 say
      386 words
    • 386 2  -  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. But
      386 words
    • 313 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 issue
      313 words
    • 241 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 a
      241 words
  • Page 2 Advertisements
    • 256 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, when
      256 words
    • 11 2 CNN's success in war coverage seen as triumph of concept, Pg6
      11 words

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 702 3  -  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 transport
      702 words
    • 595 3  -  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
    • 503 3  -  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
    • 458 3  -  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 last
      458 words
    • COMPANY BRIEFS
      • 177 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 Msl
        177 words
      • 65 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 Bank
        65 words
      • 44 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
      • 42 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
      • 31 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
    • 201 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 6.5
      201 words
  • Page 3 Advertisements
    • 175 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, and
      175 words

  • REGIONAL COMPANY NEWS
    • 454 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 of
      AFP  -  454 words
    • 295 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 at
      Reuter  -  295 words
    • 362 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 share
      362 words
    • 210 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 Andriessen
      Reuter  -  210 words
    • COMPANY BRIEFS
      • 67 4 THE Indonesian telecommunications corporation, Perumtel, awarded contracts worth US$25O million (*****.75 million) to two consortiums led by Alcatel of France and PT Elnusa of Indonesia to install 600,000 lines in Indonesia under the Third Telecommunications Project of the republic reported the Jakarta Post yesterday. The
        67 words
      • 83 4 NEW ZEALAND'S Magnum Corp Ltd said it would buy the Auckland-based Associated Wholesalers Ltd (AWL) from Woolworths New Zealand Ltd, which is part of Dairy Farm International Holdings Ltd, effective in March. Magnum did not disclose the sum involved in the purchase, being done
        83 words
      • 76 4 TOYOTA Motor Corp has reported a 1 per cent decline in net earnings despite increased sales for the six months ended Dec 31. Japan's largest motor car maker on Friday posted a profit of US$l.l6 billion, while its operating profit fell 15 per cent, to US$l.49
        76 words
      • 104 4 CREATIVE Investment Holding Co, a listed firm in Hongkong, yesterday bought a 20 per cent stake, worth about 1,242 million baht, in Siam Fortune through the Stock Exchange of Thailand. Siam Fortune told the SET that its shareholding structure has not been affected because the
        104 words
      • 117 4 THE revamped Elders IXL, now named Foster's Brewing Group, yesterday announced a A$ 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 the
        117 words
  • Page 4 Advertisements
    • 139 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 wish
      139 words

  • Page 5 Advertisements
    • 502 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 vo
      502 words

  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 95 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 the
        95 words
      • 82 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 edition
        82 words
      • 97 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 Chicago
        97 words
      • 47 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
    • 779 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 as
      NYT  -  779 words
    • 186 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 of
      Reuter  -  186 words
    • 713 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 joint
      NYT  -  713 words
  • Page 6 Advertisements
    • 206 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, and
      206 words

  • Page 7 Advertisements

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 79 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 is
        79 words
      • 79 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 Young
        79 words
      • 46 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
      • 88 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 per
        88 words
      • 52 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 of
        52 words
      • 2 8 Dollar$ Non$en$e
        2 words
    • 329 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 newspaper
      Reuter  -  329 words
    • 759 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 fallen
      NYT  -  759 words
    • 648 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 Thai
      648 words
    • 484 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
    • 438 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 prevent
      Reuter  -  438 words
  • Page 8 Advertisements
    • 117 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 and
      117 words
    • 107 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 Roulade
      107 words

  • THE REGION
    • 392 9  -  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 land
      392 words
    • 54 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
    • NOTE BOOK
      • 85 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 a
        85 words
      • 66 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
      • 56 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 secretary
        56 words
      • 77 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 cent
        77 words
    • 305 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 world
      AFP  -  305 words
    • 416 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 cultivation
      Bernama  -  416 words
  • Page 9 Advertisements
    • 190 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

  • THE WORLD
    • WORLD WATCH
      • 66 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 devise
        66 words
      • 79 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 must
        79 words
      • 84 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 directed
        84 words
      • 78 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". The
        78 words
      • 81 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 gave
        81 words
      • 81 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 of
        81 words
    • 307 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," business
      Reuter  -  307 words
    • 329 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 touches
      Reuter  -  329 words
    • 279 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 after
      Reuter  -  279 words
    • 288 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 rest
      Reuter  -  288 words
  • Page 10 Advertisements
    • 392 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 creativity
      392 words

  • THE GULF WAR
    • 594 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 as
      AP  -  594 words
    • 155 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 the
      AP  -  155 words
    • 52 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 picture
      Reuter picture  -  52 words
    • 311 11  -  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 any
      311 words
    • 572 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
    • 525 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 and
      AFP  -  525 words
  • Page 11 Advertisements
    • 36 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 I
      36 words
    • 328 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 Yu
      328 words

  • 483 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 aimed
    483 words
  • WHAT THE OTHERS SAY
    • 199 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 violence
      199 words
    • 132 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 as
      132 words
    • 147 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 on
      147 words
  • REGIONAL VIEWPOINTS
    • 116 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 people
      116 words
    • 163 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 help
      163 words
  • 1734 12  -  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, experts
    NYT  -  1,734 words
  • Page 12 Miscellaneous
    • 68 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 UP
      68 words

  • ANALYSIS
    • 849 13  -  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 the
      NYT.  -  849 words
    • 1294 13  -  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 travel
      1,294 words
    • 709 13  -  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
  • Page 13 Advertisements
    • 102 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 for
      102 words

  • INNOVATION & TECHNOLOGY
    • TECH TAKES
      • 147 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
      • 72 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 the
        72 words
      • 142 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 system
        142 words
      • 76 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. SPSS
        76 words
    • 449 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 in
      Reuter  -  449 words
    • 390 14  -  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 11
      390 words
    • 268 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's
      268 words
    • 373 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' hearts
      AP  -  373 words
    • 561 14  -  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 body
      561 words
  • Page 14 Advertisements
    • 111 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 Brad
      111 words
    • 127 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 be
      127 words

  • CORPORATE FOCUS
    • 712 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 to
      NYT  -  712 words
    • 608 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 least
      NYT  -  608 words
  • Page 15 Advertisements
    • 697 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 Auditors
      697 words
    • 817 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 for
      817 words

  • Page 16 Advertisements
    • 1402 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
  • Page 16 Miscellaneous
    • 836 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

  • LIFESTYLE
    • 1100 17  -  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 Prizewinning
      NYT  -  1,100 words
    • 888 17  -  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 a
      Punch  -  888 words
    • 678 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 its
      678 words
  • Page 17 Advertisements
    • 236 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. ANA
      236 words
    • 89 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 With
      89 words

  • SPORTS
    • SIDE LINES
      • 100 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 discussed
        100 words
      • 63 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 record
        63 words
      • 111 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 of
        111 words
      • 72 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, 21
        72 words
      • 81 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 so
        81 words
      • 87 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 win
        87 words
      • 61 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 to
        61 words
    • 224 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 a
      AP  -  224 words
    • 722 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 Jason
      AP  -  722 words
    • 451 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 last
      AP  -  451 words
    • 855 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 cause
      NYT  -  855 words
    • 354 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 guess
      AP  -  354 words
  • Page 18 Advertisements

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4466 19  -  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," said
      4,466 words

  • 4070 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 +10
    4,070 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3964 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 at
      Bernama  -  3,964 words
  • Page 21 Advertisements
    • 84 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 at
      84 words

  • BT SHARE INFORMATION SERVICE
    • 243 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 Pub
      243 words
    • 200 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
    • 352 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 Oct
      352 words
    • 981 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 the
      981 words
    • 258 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 BUT
      258 words
    • 566 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 90
      566 words
    • 188 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 25
      188 words
    • 729 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. Chan
      729 words
    • 197 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 00
      197 words
    • 23 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
    • 265 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 50
      265 words
  • Page 22 Advertisements
    • 402 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 in
      402 words
    • 360 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 heard
      360 words
    • 78 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 delivery
      78 words

  • 1662 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 831
    1,662 words
  • STOCK EXCHANGE OF HONGKONG
    • 2072 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 23.22
      Reuter  -  2,072 words
  • Page 23 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie stocks finish sharply higher
      • 853 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, or
        853 words
      • 672 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 gained
        672 words
      • 86 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 MANILA
        86 words
      • 780 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
      • 471 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 back
        471 words
      • 489 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 at
        489 words
      • 343 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 0.3
        343 words
      • 292 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 million
        292 words
      • 71 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 purchases
        71 words
      • 647 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 edged
        Reuter  -  647 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 839 25  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures. SINCE
      Charts by TeleTrac  -  839 words
    • 309 25 ASIA THE US DOLLAR fluctuated in a narrow range during the European morning session yesterday with the downside limited by speculation of further central bank intervention. Continued range trading is expected for the rest of the day. By 1100 GMT the dollar was
      309 words
    • 1231 25 SI EX K o Open High Low Sett Est Vol Op/lnt Vol Mar 9 93.32 93.36 93.32 93.35 1824 ***** 3055 N Jun 91 93.43 93.46 93.42 93.46 2195 ***** 3064 J Sep 91 93.30 93.34 9330 93.34 500 4524 924 s Dec 9 92.99 93.02 92.99 93.02
      1,231 words
    • 391 25 Cross rates Feb II I USS SS MS Dm Yen SFr A$ 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 0.8535
      391 words
    • 552 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 6
      552 words

  • COMMODITIES
    • 312 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 the
      MBT  -  312 words
    • 403 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 could
      Reuter  -  403 words
    • 836 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 of
      836 words
  • 1384 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 Int
    1,384 words
  • Page 26 Advertisements
    • 878 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
    • 660 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 duly
      660 words
    • 11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1065 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 NZ35
    1,065 words
  • THE TRAVEL PAGE
    • 637 27  -  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 as
      637 words
    • 149 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 17.50
      149 words
    • 63 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 International
      63 words
  • Page 27 Advertisements
    • 43 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
    • 29 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
  • Page 27 Miscellaneous
    • 293 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 I
      293 words
    • 214 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. Auckland
      214 words
    • 43 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

  • 483 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 also
    Agencies  -  483 words
  • 478 28  -  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 Singapore
    478 words
  • 341 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 was
    AP  -  341 words
  • 214 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 during
    UPI  -  214 words
  • 176 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 failure
    Bernama  -  176 words
  • 696 28  -  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 chances
    696 words
  • 384 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 proposed
    AP  -  384 words
  • Page 28 Advertisements
    • 366 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 seminar
      366 words
    • 33 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 18
      33 words
    • 79 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

  • Shipping Times
    • 550 29  -  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 up
      550 words
    • 287 29  -  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. But
      287 words
    • 613 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 Pan
      NYT  -  613 words
    • 295 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 Mediation
      AP  -  295 words
    • 506 29  -  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 rapidly
      506 words
    • 194 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 Authority
      194 words
    • NEWS SUMMARY
      • 90 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 dollar
        90 words
      • 54 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 canal
        54 words
      • 65 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 visitors
        65 words
    • LOG BOOK
      • 103 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 the
        103 words
      • 74 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 an
        74 words
      • 63 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 its
        63 words
      • 99 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 decision
        99 words
      • 71 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. which
        71 words
      • 78 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 multiple
        78 words
    • 1130 30  -  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 coalition
      IHT  -  1,130 words
    • 975 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 further
      975 words
    • 11975 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,975 words
    • 3275 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). Alfred
      3,275 words
    • 256 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 A
      256 words
    • 1497 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 Air
      1,497 words
    • 3350 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 which
      3,350 words
    • 447 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 1
      447 words
    • 530 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 million
      530 words
    • 400 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 1200
      400 words
    • SHIPS IN PORT
      • 539 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
      • 1226 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 Al
        1,226 words
      • 265 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 Hui
        265 words
    • 975 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 availability
      975 words
    • 622 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 Suez
      International Transport Journal  -  622 words
    • 494 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 and
      AFP  -  494 words
  • Page 29 Advertisements
    • 241 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 Ccnlaww
      241 words
    • 38 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 1
      38 words

  • Page 30 Advertisements
    • 101 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 in
      101 words

  • Page 31 Advertisements
    • 2200 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 TEL
      2,200 words
    • 927 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 lanl
      927 words
    • 2109 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 MON
      2,109 words

  • Page 32 Advertisements
    • 1319 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 17/2
      1,319 words
    • 565 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 Valpa
      565 words
    • 1319 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 18/03
      1,319 words

  • Page 33 Advertisements
    • 1934 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 01,516
      1,934 words
    • 1895 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 YORK
      1,895 words
    • 372 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

  • Page 34 Advertisements
    • 716 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 Also
      716 words
    • 846 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 7/3
      846 words
    • 1279 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 GIANT
      1,279 words

  • Page 35 Advertisements
    • 1713 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
    • 1055 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 TILBUOT
      1,055 words

  • Page 36 Advertisements
    • 1253 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 SOUTHWEST
      1,253 words
    • 1149 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

  • Page 37 Advertisements
    • 1468 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 20/2
      1,468 words
    • 1195 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' 01/516
      1,195 words
    • 315 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 GUINEA
      315 words



  • Page 40 Advertisements
    • 735 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
    • 1001 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 TOKYO
      1,001 words
    • 250 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
    • 1187 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 I
      1,187 words

  • Page 41 Advertisements
    • 821 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
    • 324 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 ANDINF
      324 words
    • 689 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 SIN
      689 words
    • 607 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 16/2
      607 words
    • 333 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 27/1
      333 words

  • Page 42 Advertisements
    • 1204 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 4599
      1,204 words
    • 315 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 27
      315 words
    • 983 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 6/91E
      983 words

  • Page 43 Advertisements
    • 30 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 7505
      30 words


  • Page 45 Miscellaneous
    • 449 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 J2
      449 words

  • Page 46 Advertisements
    • 400 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 accepting
      400 words
    • 659 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 12/1
      659 words
    • 635 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 V
      635 words