The Business Times, 7 March 1991

Microfilm: NL17466
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, March 7, 1991 75®
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  • NEWS SUMMARY
    • Article
      Greenspan hopeful of US recovery, fears credit crunch
      68 1 l!S Federal Reserve chairman Alan Greenspan said yesterday the quick end to the tiull war should stimulate confidence in the US economy hut he warned that a credit crunch remains a worrisome problem. Banks clamping down on lending. robbing the economy ol
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    • Article
      EC to investigate chip dumping charge
      32 1 THE EUROPEAN Commis- i sion said yesterday that it is I investigating complaints from European industry that South Korea is dumping microchips on the European market.
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    • Article
      Costs unlikely to rise
      36 1 AS THE South Koreans and Japanese are unlikely to be strong contenders for work in the reconstruction of Kuwait, the costs of petrochemical projects to be built here should not go up
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    • Article
      New film incentives
      41 1 NEW INCENTIVES to attract investments and the building of a film infrastructure in Singapore are likely to be announced in the middle of the year when the development masterplan for the creative services industry is unveiled Page 2
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    • Article
      NZ keen on grouping
      20 1 NEW ZEALAND is keen to join the East Asian Economic Grouping proposed by Malaysia Page 7
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    • Article
      New era for telecoms
      29 1 A NEW ERA for the UK telecom sector has begun with the announcement of an end to British Tclecom and Mercury Communications' duopoly Page 8
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    • Article
      Still firm in Hanoi
      23 1 THOUGH the top leadership in Hanoi is becoming more capitalistic, the political structure continues to be unshakeable Page 11
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    • Article
      New discovery
      24 1 A NEW BOOK suggests that Columbus was a Norwegian nobleman named Christopher Bonde who discovered America in 1477, not 1492 Page 13
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    • Article
      More ships under flag
      39 1 MORE ships are likely to fly the Singapore flag now, not only because of new tax incentives but also because of a more flexible approach by the local seamen's union. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      22 1 WALL STREET opened higher yesterday with the Dow Jones index climbing 21.78 points to 2,994.30 five minutes after trading started.
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    • Article
      Footsie hits high
      37 1 THE Footsie index of 100 leading shares on the London Stock Exchange jumped to an all-time record early yesterday afternoon, up 59.5 points on the day at 1322 GMT to 2.479.6 as trading continued.
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    • Article
      Rothmans profits up
      30 1 ROTHMANS Industries Ltd has achieved a healthy 24 per cent half-year rise in after-tax profits to $22.2 million, in spite of a shrinking home market Page 3
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    • Article
      Record for Keppel P
      24 1 KEPPEL Philippines Shipyard, a Manila-based subsidiary of Keppel Corp. enjoy ed a record group after-tax profits for 1990 Page 3
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    • Article
      Board gets ultimatum
      27 1 DIRECTORS of Lucky Man Properties have been told by a dissatisfied shareholder to solve the company's longstanding legal dispute or step down Page 4
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    • Article
      No choice for investors
      29 1 INVESTORS in Indonesia have to live with a dramatic clamp on money until speculation on the rupiah disappears, says Finance Minister Johannes Sumarlin Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 738.80 +15.72 Kuala Lumpur ....596.29 Hongkong 3.647.33 <? Iok>o 26,382 99 4 469 51 Svdnev 1.413.4 luesda) C hange New York 2,972.52 +58.41 London 2.420.1 +37.2
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.7430 100 Yen SSI.2765 MS SS0.6378 Money market rates Chernight 4-3/8% -1/4 3-month 4-3/4% 4-1/16
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    • Article
      COMMODITIES
      39 1 London Gold AM fix USS363.60 -USSO 70 Rubber S'pore Apr.... 145.75'/kg unch M'sia Apr 227.00«/kg +1.50 KL Tin Turnover 59 tonnes unch Spot VIS 14.91/kg -0.01 Crude palm oil Turnover 1.088 lots -171 Mar MS8 52 /tonne -14
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  • Article
    STPB expects tourism sector to recover soon
    528 1  -  Some hoteliers still offering special discounts By Suzanne Soh THE TOURISM industry, which was badly hit when Iraq invaded Kuwait last August, is heaving a sigh of relief now that the War- has ended. The Singapore Tourist Promotion Board (STPB) expects the industry
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  • Article
    Rental indices for better project planning
    258 1 INDICATORS to show the health of the retail and office space market will be available from the planning authorities so that developers will be able to plan their projects better. Rental indices for the two sectors will be published by the Urban Redevelopment Authority
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  • Article, Illustration
    Norwegian scandal hits S'pore banks
    453 1  -  By Amy Balan DOUBT has been cast over the validity of several standby letters of credit purportedly issued by Norway's Kreditkasscn to six Singapore-based banks to support loans to Marina Village developer, Elyamani Khamis, following the arrest of a woman banker in Norway. The woman.
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  • Article
    Lock icon Indian Prime Minister quits
    243 1 Reuter INDIAN Prime Minister Chandra Shekhar, whose tiny four-month-old minority government depended on the erratic support of Rajiv Gandhi's Congress Party, quit yesterday and asked for new elections. "I have recommended there should be a fresh mandate from the people," Mr Shekhar told reporters in New
    Reuter  -  243 words
  • Article
    STI hits year's high on heels of Wall St surge
    237 1 THE BLUE-CHIP Straits Times Industrials Index closed at its high for the year of 1,510.93 points in broadbased and hectic trading yesterday, triggered by a nearly 60-point surge on Wall Street overnight. That represented a jump of 26.21 points over
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  • Article
    Lock icon Thai PM unveils Cabinet dominated by civilians
    295 1 Agencies THAILAND'S caretaker Prime Minister Anand Panyarachun. appointed by generals who ousted his predecessor 12 days ago. yesterday unveiled a Cabinet dominated by civilians but with military stalwarts in key posts. Economists and diplomats welcomed the appointment of respected technocrats, businessmen and civil
    Agencies  -  295 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      255 1 f Burberr^ Reigns Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Ad Marketing 14 Money Market 23 World News 8 Commodities 24 Regional Co News 4 Cryptic Crossword 25 Regional News 7 For market indices, editorial. Editorial 10 Regional Stock Markets 21 advertising and circulation ex financial News 6
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    • Advertisement
      Page 1 Advertisements Column 2
      86 1 —fl TOTAL 1 TRANSPORTATION SIRVICIS CROWN PACIFIC 36 Pioneer Road Singapore 2262 Fax 862 2840 Tlx RS ***** CRWNPAC Tel: 861 6818 j N gH We the ,;;.t JkL?- of fragrant flavours are yours Only the freshest and finest ingredients pass our strict scrutiny and they are then expertly prepared
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Lee to be guest-of-honour
        68 2 SENIOR MINISTER Lee Kuan Yew will be the guest-of-hon-our at this year's May Day rally, aeeording to the latest issue of NTUC News. Before he beeame Prime Minister in 1959, Mr Lee had been an adviser to a long list of trade unions. At the rally,
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      • Article
        SIA resumes Gulf flights
        55 2 WITH THE END of the Gulf War, Singapore Airlines resumes flying to the Gulf region today with flights to Dubai, Cairo, Istanbul and Dhahran to be restored in stages. Passenger flights to Dubai will resume from March 12. Services to Cairo, Istanbul and Dharan will follow
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      • Article
        Furniture show opens doors
        40 2 A FOUR-DAY Asean Furniture Show begins today at the World Trade Centre. Participants include representatives from five Asean countries Indonesia, Malaysia, Singapore, the Philippines and Thailand and a buying mission from the Japan External Trade Organisation.
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      • Article
        Goodwill trip to Myanmar
        50 2 BRIGADIER-GENERAL Michael Teo, Chief of Air Force, led a delegation of senior Singapore Armed Forces officers on a goodwill trip to Myanmar on Tuesday. They were invited by the Commander-in-Chief of the Myanmar Airforce, Lieuten-ant-General Tin Tun, who is also the Minister of Transportation and Communication.
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      • Article
        Corrections and clarifications
        56 2 IN BT of Feb 26, we reported that the Performing Right Society (PRS) was taking the Singapore Broadcasting Corporation to arbitration under the Copyright Act. SBC has informed us that in fact, it was the Corporation that referred the matter to the Copyright Tribunal and not the
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    • Article, Illustration
      Costs of petrochem jobs unlikely to rise
      320 2  -  Chemical Week Asia-Pacific Conference By Carolyn Lim AS THE South Koreans and Japanese are unlikely to be strong contenders for work in the reconstruction of Kuwait, the costs of petrochemical projects to be built here should not go up. The bulk of the
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    • Article
      Magazine to base regional HQ here
      165 2 CHEMICAL WEEK, one of the leading magazines read worldwide by the chemical industry, will be making Singapore its regional headquarters. Disclosing this at an interview with BT yesterday, Michael Wciskopf, executive vice-president and publisher of Chemical Week (New York), said that the magazine was
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    • Article
      Jayakumar misquoted in Elected President article
      178 2  -  LETTER TO THE Emily Wilfred (Mrs) Press Secretary to Minister for Law IN YOUR article yesterday (March 6) "Lee raps Law Society on Elected Presidency", you refer to the Senior Minister's comment on the Law Society's position that there was no need for any
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    • Article
      New incentives in the offing to help film industry
      310 2  -  By Claire Leow SINGAPORE, which plans to develop a film industry, may introduce new incentives to attract investments and the building of a film infrastructure. The incentives are likely to be announced in the middle of the year when the development
      310 words
    • Article
      More upgrading opportunities for poly, VITB grads
      303 2  -  By Jean Wee DETAILS of bigger student intakes to widen the route to universities, through the vocational institutes and the polytechnics, were announced yesterday. At the opening of the Career '91 exhibition, Dr Tay Eng Soon, Senior Minister of State for Education, said
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    • Article
      NPB goes fast forward with Workperfect
      220 2 WORKPERFECT was no less than 100 per cent right with the National Productivity Board when it was looking for a name for its latest vid-eo-based training course on the importance of doing quality work. Yesterday, Workperfect was launched by the Minister of State for
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Rothmans achieves 24pc rise in interim profits
      404 3  -  By Harish Mehta DRIVEN by exports and despite a shrinking home market, Rothmans Industries Ltd posted a healthy 24 per cent half-year rise in after-tax profits to $22.2 million. But the company said that profits in the second half were unlikely to remain
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    • Article, Illustration
      Keppel Philippines Shipyard enjoys record results
      382 3  -  By Dexter Lee KEPPEL Philippines Shipyard, a Manila-based subsidiary of Keppel Corp. has chalked up record group after-tax profits of 60.7 million pesos (553.7 million) for 1990. This works out to earnings of 55.8 centavos (3.4 cents) a share, up 9 per cent from
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    • Article
      Lock icon Encouraging response to Sapura's phones
      234 3 Bernama SAPURA HOLDINGS Sdn Bhd has sold over 5,000 units of the hands-free, voice-acti-vated S2OOOHF in Malaysia since the phone was launched last November. Sapura's sales and marketing group general manager, Habibur Rahman Ibrahim said the first shipment of 500 units of the model to
      Bernama  -  234 words
    • Article
      OUS reports 72pc fall in after-tax profits
      304 3  -  By Lee Han Shih OVERSEAS Union Securities (OUS), announcing an after-tax loss of $462,000 in the second half of 1990, said it will focus its investments in the regional markets this year. An announcement of its audited results yesterday showed after-tax profits being
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    • Article
      Lock icon Japanese impressed with M'sian securities industry
      315 3 Bernama JAPANF.SE financial experts visiting Kuala Lumpur are impressed with the developments currently taking place in the Malaysian securities industry and have expressed hope that the government will continue with its efforts to further liberalise and deregulate the industry. Yiochiro Nagatomi, the head of
      Bernama  -  315 words
    • Article
      Inchcape pic to restructure global operations
      264 3  -  By Genevieve Cua LONDON-based Inchcape pic will restructure its worldwide operations from next year. From January 1992, its global activities will be organised into four main streams motors, marketing and distribution, services, and resources. At the moment, some of the business streams are organised
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    • Article
      Lock icon Samanda operating profit down 28pc
      214 3 Bernama SAMANDA Holdings Bhd's group pre-tax operating profit declined by 28 per cent to M 56.59 million for the year ended Sep 30, 1990, from M 59.10 million previously. It said in a statement yesterday that group turnover declined marginally to M 5124.47 million from
      Bernama  -  214 words
    • COMPANY BRIEFS
      • Article
        Pilecon Realty acquires five dormant companies
        134 3 PILECON Engineering Bhd's wholly-owned subsidiary, Pileeon Realty Sdn Bhd, has acquired five dormant property development companies, and taken a 60 per cent stake in another company involved in a similar activity. Pilecon Engineering said yesterday that each of the five dormant companies has a
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      • Article
        Property trust expects growth
        67 3 FIRST Malaysia Property Trust unitholders should look to continue to receive good income distributions for the accrual periods ending June 30, 1991, and Dec 12, 1991. The company said in its 1990 annual report that increasing asset management efficiencies and expected rental growth from rent reviews
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      • Article
        Api gets nod for acquisitions
        40 3 UNIPHOENIX Corporation Berhad's wholly-owned subsidiary, Api Contracts Sdn Bhd. has obtained the Foreign Investment Committee's approval to acquire Fibro-Plaster Ceiling Sdn Bhd and Fibro-Plaster Ceiling (PJ) Sdn Bhd for M 5240,000 and M 5290,000 respectively.
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      • Article
        Landmarks in Langkawi project
        72 3 LANDMARKS Bhd is to participate in the multi-million-dol-lar Teluk Datai Resorts development in Langkawi, Kedah, through its subsidiary company, Archipelago Hotels (East) Sdn Bhd. Landmarks said in a statement in Kuala Lumpur yesterday that the participation in the development would be made through Teluk Datai Resorts
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      • Article
        Bid to attract participants in fair
        63 3 THE Federation of Malaysian Manufacturers is seeking a double tax exemption from the Malaysian Ministry of International Trade and Industry for companies which participate in the Malaysia International Fair. FMM president Tunku Tan Sri Mohamed Tunku Besar Burhanuddin said in Kuala Lumpur yesterday that
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      202 3 I've switched to ANA Hotel Singapore. J k ANA HOTEL SINGAPORE i I 1 t K. I s. i, wmi sr. |.'V is FIRST OF ITS KIND IN SINGAPORE The Place For Airflown Australian -M m£-J VmUr Choice of Beef Pork Ribs. Specially Marinated. Hickory Smoked BBQ. 5-COURSE SET MENU
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Hongkew Hldgs to acquire land in Penang
        99 4 HONGKEW HOLDINGS is to acquire from two Malaysian investors a piece of land in Penang for HK$ 18.88 million (554.2 million), the South China Morning Post reported. The consideration would be settled by the issue of 67.45 million new Hongkew shares, equivalent to
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      • Article
        Sharp recovery for TV network
        88 4 KERRY PACKER underlined his reputation as Australia's most astute dealmaker on Tuesday when the television network he bought from Alan Bond without paying a cent in July reported a sharp rise in interim profit. Nine Network, the country's highest rating station, said net profit rose
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      • Article
        Casio to build M'sian plant
        29 4 CASIO Computer Co of Japan plans to build a four billion yen (Sss2 million) plant in Malaysia to produce electronic calculators and digital watches.
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      • Article
        HK gas firm profit up 21pc
        62 4 THE HONGKONG and China Gas Co lifted after-tax profits 21.2 per cent to HKS64B million (S$ 145 million) last year, the South China Morning Post reported. The chairman of the territory's sole Towngas supplier, Mr Lee Shau-kee, said sales hit a record high of
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    • Article
      Lucky Man directors told to settle row or quit
      565 4 THE directors of Lucky Man Properties have been told by a dissatisfied shareholder to help the company solve a long-standing legal dispute or step down, the South China Morning Post reported. The shareholder, Mr Raymond Hughes, who is the receiver of
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    • Article
      Hongkong investor holds trump card in bid for Tootal
      308 4 BRITAIN'S biggest textiles group, Coats Viyella, has launched a bid of £193.7 million (***** million) for rival Tootal, the South China Morning Post reported. Analysts say the outcome of the bid will depend on the attitude adopted by Hongkong textiles magnate
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    • Article
      Thai company seeking mining rights in Burma, Vietnam, Laos
      484 4 PADAENG Industry Co (PDI), Thailand's largest resources concern, is actively pursuing rights to explore for and produce three base metals in Burma. Vietnam and Laos, the Bangkok Post has reported. These sources for zinc, lead and copper arc in addition to
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  • Page 4 Advertisements
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      758 4 i m OVERSEAS UNION SECURITIES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Securities Limited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1990 The Group The Company Incr/ Incr/ 1990 1989 (Deer) J990 1989 (Deer) S$ 000 SS'OOO S$
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      Page 4 Advertisements Column 2
      465 4 (Incorporated in the Republic of Singapore) ANNOUNCEMENT I Unaudited results of the Group's operations for the six months ended 31st December 1990 are as follows: GROUP 1990 1989 OR $000 000 TURNOVER 105,613 95,974 10 OPERATING PRORT 25,779 21,450 20 after charging (i) Interest on borrowings 9 17 47 (ii)
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Coca-Cola to build three factories in Poland
      351 5 Reuter COCA-COLA CO of the United States will invest nearly US$5O million (SsB7 million) to build three soft drink factories in Poland, a senior company executive said in Warsaw on Tuesday. Mr Neville Isdell, CocaCola's representative for Northern and Eastern Europe as well
      Reuter  -  351 words
    • Article, Illustration
      Lock icon The News: Maxwell is buying
      357 5 Reuter BRITISH publisher Robert Maxwell has agreed to buy the New York Daily News, pulling the tabloid back from the brink of closure after a bitter four-month strike, the newspaper's owners announced on Tuesday. The sale to Mr Maxwell's Mirror Group Newspapers is subject to
      Reuter  -  357 words
    • Article
      Lock icon Japan's top builders likely to post record profits despite slowing orders
      572 5 Reuter JAPAN'S top builders will enjoy rceord parent eurrent profits in the year ending March 31, 1991. despite slowing construction orders and should continue to sec steady profit growth the following year, industry analysts said. "They will post current
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    • COMPANY BRIEFS
      • Article
        UK, Kuwaiti firms win rebuilding contracts
        127 5 THE US Army Corps of Engineers announced on Tuesday a British and a Kuwaiti company won the final two contracts it would award as part of a US$46 million (SSBO million) contract with the government of Kuwait for the first stage of reconstruction. It
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      • Article
        Infotech files for protection
        96 5 INFOTECHNOLOGY Inc, which owns a big stake in the wire service UPI, said on Tuesday it filed for protection from creditors under federal bankruptcy laws. The Chapter 11 filing, which had been expected, will not have any impact on operations of the wire service, which is
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      • Article
        K Mart's net income rises
        112 5 K MART CORP. America's third-largest retailer in terms of sales, on Tuesday reported net income of U*****.3 million, (SS7OI million) or US$2.Ol a share, in its fourth quarter. That compares with a profit of $395.6 million, or $1.97 a share, in the corresponding period a
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      • Article
        Japanese take over Southland
        96 5 JAPANESE investors took control on Tuesday of Southland Corp, owner of the 7-Eleven convenience store chain, as part of deal that ended the company's four-month stay in bankruptcy court. Southland's Chapter 11 reorganisation plan, approved by a bankruptcy judge Feb 21, proposed the US$43O million (*****
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      • Article
        Pearson sells stake in Elsevier
        80 5 THE OWNER of Britain's Financial Times newspaper said on Tuesday it had sold its large stake in Dutch publisher Elsevier NV, profitably ending a trial marriage lasting more than two years. Pearson pic said it had sold its 22.5 per cent stake, originally acquired in
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      104 5 Centrally Known to be the No one offers better because we really effort has been spared PH^gSHGBWr llH 1 y customers our exclusive Rolcx collection. Withj| in the collection, there are various models of WHMMPT JRMi 2" lb different stales and designs to suit all tastes. x^- 11, r**~> k
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      Page 5 Advertisements Column 2
      7 5 Drain on world's capital funds, Page 9
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        MAS lowers rediscount rate for export bills
        39 6 THE Monetary Authority of Singapore has lowered the rediscount rate for eligible pre-export and export usance bills to s'/» per cent per annum from s'/» per cent with effect from March 5.
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      • Article
        Game show to be telecast
        96 6 1 HE first ever financial game show, a joint effort by the Stock Exchange of Singapore (SES) and the Singapore international Monetary Exchange (Simex) will be telecast on SBC from April 28. A total of 184 teams of three people each will be participating in
        96 words
      • Article
        Owners giving up investment
        118 6 THE Gulf owners of a European bank convicted of money laundering have agreed to give up the investment they secretly acquired in the Washington-area's largest bank holding company. Bank of Commerce and Credit International (BCCI), based in Luxembourg, consented to a Eederal Reserve order requiring it
        118 words
      • Article
        Banks to finance Kuwait
        101 6 ISLAMIC BANKS will finance the rebuilding of war-ravaged Kuwait but no figure has yet been set. a senior Islamic banker said. "Islamic banks have decided to extend unlimited financing towards the reconstruction of Kuwait," the chairman of the Dubai Islamic Bank (DIB), Said Ibn Ahmad Lootah,
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    • Article
      Lock icon Top four British banks set aside £4b in bad debt provisions
      533 6 Reuter BRITAIN'S top four banks set aside almost £4 billion (S$ 13.2 billion) in domestic bad debt provisions in their 1990 accounts and more of the same is forecast for this year, with no sign of significant economic recovery
      Reuter  -  533 words
    • Article, Illustration
      Lock icon Indon money supply will be tight for a while
      409 6 Reuter INDONESIA says investors would have to live with a dramatic clamp on money until speculation on the rupiah disappears. "These policies should be temporary until speculation has been reduced substantially or is eliminated," Finance Minister Johannes Sumarlin told a conference
      Reuter  -  409 words
    • Article
      Chinese finance firm faces suit over defaults on hotel loan
      390 6 SIX foreign banks arc suing China's stale-owned Shaanxi United Finance and Investment Corp (SUFIC) after payment defaults on a US$25 million (5542.5 million) hotel loan which it had guaranteed, the South China Morning Post has reported. The move is expected
      390 words
    • Article, Illustration
      Lock icon Seoul unit trust profits may be cut
      555 6 Tax confusion on interpretation of proceeds Reuter FOREIGN investors who dipped into the Seoul bourse for the first time by buying South Korean unit trusts are wondering whether their profits may be shaved by a tax they were led to believe would not
      Reuter  -  555 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      127 6 If' I One. for One! A drink fur a drink. The Happier Hour at The Bar, from Sfnn to Hfnn daily. Ir begins even as you approach The Bar. Crystal clear notes from a Steinway fade in, with ctx>l Jazz Classics or a memorable Evergreen. As you enter, you will
      127 words
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      Page 6 Advertisements Column 2
      263 6 I EDMUND HUDSON International Trainer Speaker Chief Executive of The Marketing Training Centre, Western Australia —a—l An exciting seminar on managing and developing your key brands and corporate identities using the latest techniques and practices. April 18 19,1991 H Empress Room B, Level 2, Carlton Hotel organised by iiiis 1
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon NZ keen to join East Asian Economic Grouping
      329 7 Bernama MORE SUPPORT is coming for the East Asian Economic Grouping proposed by Malaysia, this time from New Zealand which has gone a step ahead by expressing its desire to be a member of the grouping, its Minister of Trade Negotiations Philip
      Bernama  -  329 words
    • Article
      Lock icon Australia plans tax and tariff cuts to boost exports
      371 7 Reuter AUSTRALIA's Labor government has devised a mix of tax and tariff cuts to boost manufacturing and end the country's reliance on the export of materials either dug up from the ground or grown on the land. The aim of the
      Reuter  -  371 words
    • Article
      Lock icon Apec says regionalism cannot replace Gatt
      511 7 AFP AN ASIA-PACIFIC economic group entered the last day of a meeting in South Korea yesterday with senior officials saying regionalism could not replace broader world trade talks. The senior officials from the 12 member states of the Asia Pacific Economic Cooperation (Apcc) were
      AFP  -  511 words
    • Article, Illustration
      Lock icon 41 projects apply for approval from KL
      196 7 Bernama MALAYSIA received applications for 41 projects involving total investments of M 5968.3 million in January. The Minister of International Trade and Industry Ministry, Datuk Seri Rafidah Aziz, said in Kuala Lumpur on Tuesday that 35 of them, totalling M 5348.53 million, involved
      Bernama  -  196 words
    • NOTE BOOK
      • Article
        Thai ruby miners flee fighting near Cambodia
        129 7 THOUSANDS of Thai ruby miners have fled clashes between government troops and Khmer Rouge guerillas near the Pailin gem mines in Cambodia, border sources said yesterday. About 2.000 Cambodian government troops backed by 14 tanks moved against Khmer Rouge guerillas who control the
        129 words
      • Article
        Hanoi expects more Japanese
        110 7 HANOI expects 15,000 Japanese to visit Vietnam this year to explore business opportunities, more than seven times the 1990 number, the state-run Vietnam News Agency reported yesterday. It quoted Hanoi's Japan-Vietnam Trade Relations Association on Tuesday as saying Japanese investment in Vietnam remained low at US$7l
        110 words
      • Article
        One-kg Aussie gold coin
        111 7 AUSTRALIA yesterday launched a one-kilogram gold Nugget coin which it says is the largest coin in the world. "It is believed to be the biggest legal tender coin of any type produced in the world this century and the biggest bullion coin ever minted." gold refiner
        111 words
      • Article
        Fijian miners reject offer
        93 7 STRIKING WORKERS at Fiji's Australian-run gold mines rebuffed attempts by the interim government to become involved in their week-long dispute. The Fiji Mine Workers Union said in Suva yesterday that it had rejected a police proposal to involve Industrial Relations Minister Taniela Veitata in talks to
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      • Article
        Japan to hold securities meeting
        76 7 THE EAST ASIAN and Oceania Securities Exchange Federation will hold its annual general meeting in Tokyo on May 26. the Tokyo Stock Exchange officials said yesterday. About 40 representatives from 11 countries will focus on securities futures issues and exchange views on the current market
        76 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      74 7 Setting new standards. We are pleased to announce the official opening of our Representative Office for South East Asia today, 7th March 1991. Th« Cantrade Q A k 11/ Group (or DAMN IX CANTRADE AG M ZURICH REPRESENTATIVE OFFICE S; El SINGAPORE '•Ico /ur'fh 6 Battery Road 24-03 Standard Chartered
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      Page 7 Advertisements Column 2
      116 7 Editorial, Pg 10 > 'rritl -i -f a J i* i«r v- wt 4-mrm, 1 a r v .j/y .>ltd J: "-wtm Mmy' '25^, J r T*Cvifr' "-2< v,- V > "1 SK Jffiai&Mi JK&SS i It's not surprising:. With a network that covers more than 140 destinations in 77
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  • THE WORLD
    • Article, Illustration
      Lock icon New era for UK telecom sector
      453 8 End of BT/Mercury duopoly paves way for major changes AFP THE ANNOUNCEMENT on Tuesday of an end to British Telecom and Mercury Communications' duopoly in Britain's telecommunications market has opened the way for a radicalisation of this key industry. Speaking in the House of
      AFP  -  453 words
    • Article
      Lock icon EC aid plan for Soviets clears last hurdle
      337 8 AP THE European Community will give the Soviet Union US$33B million (***** million) emergency food aid following an agreement between two EC institutions on how to fund the plan. The European Parliament and the EC Council of Ministers on Tuesday worked out
      AP  -  337 words
    • Article
      Lock icon American factories report 1.7pc drop in orders
      231 8 AP ORDERS to US factories for manufactured goods fell 1.7 per cent in January, their third consecutive decline after peaking last October. The Commerce Department said on Tuesday that orders for durable and nondurable goods fell to U*****.6 billion (***** billion) following a
      AP  -  231 words
    • Article
      Lock icon Seoul concession to Gatt
      148 8 Reuter SEOUL plans to lift import bans on another 120 to 130 agricultural and fishery products from 1992 to 1994 as a further concession to Gatt, the South Korean Agricultural and Fisheries Ministry said yesterday. The plan, which must be submitted in detail to the General
      Reuter  -  148 words
    • WORLD WATCH
      • Article
        US estimates Gulf war costs below US$70b
        70 8 THE COST of the Gulf war will be less than US$7O billion (SSI22 billion), of which the US will pay US$l5 billion if foreign commitments are paid, says White House Budget Director Richard Darman. He told the House of Representatives Ways and Means
        70 words
      • Article
        UN suspects embargo breakers
        44 8 THE UNITED NATIONS suspects Taiwan businessmen of breaking trade sanctions against Iraq during the Gulf war, says Economics Minister Vincent Siew. Though not a UN member. Taipei would punish businessmen found violating the UN trade embargo, he said on Tuesday.
        44 words
      • Article
        US hopeful of Polish debt deal
        100 8 US TREASURY SECRETARY Nicholas Brady has expressed optimism that negotiators are close to agreement on making significant reductions in Poland's foreign debt burden. But he conceded in Washington on Tuesday that Germany. Japan and other countries were still balking at the size of debt
        100 words
      • Article
        Swiss still keen to join IMF
        70 8 SWITZERLAND has said it will go ahead with its application for International Monetary Fund membership even though it has been offered less voting power than it wanted. The Swiss Finance Ministry said in Zurich on Tuesday that an IMF membership committee had recommended a
        70 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      336 8 It's Cut Out To Double As A Desktop Computer J And Is Twice As Attractive At *****. 1 r J 11 1 I LZ i 1 1' 1 fa 1 J IHF7II fV.V.'j fISm W\ I /lsS*i9" f~ 1' f Il l l /--Miiir*'' ill i I > -it M»
      336 words
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      Page 8 Advertisements Column 2
      57 8 r 1 I Fully Scrviccd Offices Short Ix»ng Term Rental Orchard Road Ixxation (outside CBl">> Telephone Answering Corporate Mailing Address Word Processing/Typing A COMPLETE OFFICE for the price of a room SIIUIH lIJI I I S J (II 1 I I 545 Orchard Road *15 02 Far East Shopping Centre
      57 words
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  • THE GULF AFTER THE WAR
    • Article, Illustration
      Lock icon Rebuilding likely to drain funds
      516 9 Analysts see possible global liquidity problem AFP RECONSTRUCTION in the Gulf region will mean colossal contracts for Western companies, but will also consume much of the world's capital funds, spurring greater risks of a global liquidity problem, many analysts say. Funding needed for the rebuilding
      AFP  -  516 words
    • Article
      Lock icon Regional rivalries make arms control difficult
      552 9 AP THE DESTRUCTION of Iraq's military might could lead to a huild-up of other Middle Hast arsenals, making arms control in the region all the more difficult, say analysts and disarmament experts. US President Cieorge Bush's call last week for "less proliferation of all
      AP  -  552 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      44 9 The Bottom Line, Back Pg Unusual Seafood From now till the end of March we are wßhi serving some very unusual seafood at sjlrV Oscars and Casablanca Extraordinary Catch them if you can. (Menu differs at both restaurants) Ms Managed by The Spinneys Group
      44 words
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      Page 9 Advertisements Column 2
      206 9 HOW TO ADD QUALITY TO YOUR WORKERS' TRAINING PROGRAMME. Here's a new course from FAST man-hours arc not lost during training as FORWARD that's also one of the most WORKperfect your workers can learn in the comfort and cost-effective. WORKperfect the quality The FAST FORWARD way to 100% Right work.
      206 words
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  • Article
    Need to market EAEG
    486 10 EDITORIAL CRITICISM by the United States of the proposal for the formation of an East Asia Eeonomie Group offers an ideal diplomatie opportunity for supporters of the proposal to eorreet miseoneeptions and restate the basic principles on which the idea, proposed by Malaysian Prime Minister Datuk
    486 words
  • WHAT THE OTHERS SAY
    • Article
      Moscow's intentions
      215 10 THOSE who believe that Moscow has given up any pretensions of being a superpower had better think again. President Mikhail Gorbachev nearly pulled off a diplomatic coup just before the ground war in the Gulf with a "peace" initiative that would have let Iraq off the hook just
      215 words
    • Article
      A boost to ties
      137 10 THE recent Asean confcrence in Bali saw a convergence of ideas on how regional co-operation can be further given a boost. The spirit of economic co-operation via the Growth Triangle has shown how Asean can fully realise its potential by plugging into each other's economic development.
      137 words
    • Article
      Asean's new impetus
      120 10 ASEAN may not have developed into a regional economic co-operation grouping that is as successful as the European Common Market, but its contributions are still tremendous. It is Singapore's springboard for economic prosperity and has also contributed to economic development in the various Asean countries and enabled
      120 words
  • REGIONAL VIEWPOINTS
    • Article
      Cause for concern
      148 10 LIKE many other developing nations, Indonesia now shares the pervading fear that any Third World country which interferes in the interests of the United States and its Western friends will be ignored in the future. The fear is not unfounded bccausc foreign aid to the Third World
      148 words
    • Article
      Winning over the military
      165 10 FEARS that military rule will remain the order of the day in Thailand may have somewhat been doused by interim Prime Minister Anand Pancharachun's pledge to return the country to democracy as soon as possible. What will be significant, however, is how much freedom and latitude
      165 words
    • Article
      Free trade commitment
      180 10 PRESIDENT Suharto's reiteration of Indonesia's strong commitment to an open and free international trading system at the opening of the international conference on Asean and the world economy in Bali on Sunday night is not only strategically important but also very timely in view of the preparations
      180 words
  • Article, Illustration
    Lock icon EC inert again?
    730 10  -  The EC, says Giles Merritt, has the experienee and expertise to aid in the Gulfs post-war reconstruction. But it appears the community is not going to show its strength through EC unity and play a vital role Giles Merritt, IHT DON'T count too much on Europe in
    IHT  -  730 words
  • Page 10 Advertisements
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      670 10 ASIA'S PREMIER CONFERENCE AND EXHIBITION FOR THE BANKING AND FINANCE INDUSTRY International Conference The Asia-Pacific... the new frontier of growth in the 21 st century, and Singapore... the regional financial hub and and Exhibition one of the world's fastest growing business capitals... provide the perfect setting for the Global Fund
      670 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      51 10 DOONESBURY BY GARRY TRUDEAU UH IF IT'S ALL HEY, NO PRDB! I GOT A FULL WjL NY ZTZ, OKA/, SPORT. mSAMBTO CAStIOAD TWAY ANYWAY. ARB M AMDMU7HEY nZ'fKAY' THOS£6OYS' PICT A CARP. YOU, MAN, I WE'VE BEEN TREATING A 1 7 AMJfi&MTH ANY CARP' PONTNEEPA LOT OF NAVY CASUALTY THE
      51 words
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  • ANALYSIS
    • Article
      Lock icon Japanese prescription for success: Will it work?
      1240 11  -  Having spent the last decade learning to stand on their own feet. Japan's drug makers now hope to take on the world. It will not be easy, says The Economist The Economist The Economist JAPANESE pharmaceutical firms began lite b> learning how to
      The Economist  -  1,240 words
    • Article, Illustration
      Vietnam: The rocky road to capitalism
      1211 11  -  Harish Mehta examines the possibility of a ehange in leadership in Vietnam when the Party Congress is held in May Harish Mehta YOU need a magnifying glass to find a hardcore communist who opposes economic liberalisation in Vietnam a country where the species could
      1,211 words
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      Page 11 Advertisements Column 1
      8 11 Critics allege Hanoi is practising glasnost without perestwika.
      8 words
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      Page 11 Advertisements Column 2
      195 11 r—— CUT 'N' FAX NOW AND YOU COULD CUT YOUR S TRAINING COSTS. M Enrol your workers in fonn now and you'll discover WORKperfect the quality WOR KllPrfpot H St altractive P ackagc H course that will lead to a 1 discounts for your company. The FAST FORWARD way to
      195 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      239 12 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE SUMPTUOUS SICHUAN CUISINE. DELICATE YANGZHOU DIANXIN. RICH PIPING HOT STEAMBOAT. LUNCH: 11.30 AM TO 2.30 PM DINNER 6.30 PM TO 10.30 PM ICING'S A MKMBKR OKCDL hotels ti<)id Havelock Road, Singapore 0316. rel:*****11 1
      239 words
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      Page 12 Advertisements Column 2
      308 12 FEAST YOUR EYES 111 l 111 l ***** l ON THE PLUM'S TFWELS 1111 l 111 111 ***** l OF THAILAND From Ist March 17th March five ot the finest exponents of Thai Cuisine will masterfully prepare a plethora of appetising dishes. The butfet will be available for both lunch
      308 words
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      Page 12 Advertisements Column 3
      329 12 lEI AT SUBWAY i ,^->. **II Now. you can enjoy a One for One offer during Happy Hours and gather your girlfriends for a night-out during the weekend, where it's Ladies Nite every Friday. o om//i\/ Plaza Hotel Hrjifl KihNt xn*.n**r 07l*< Irl <*#*■)11 Catch the Cuatro Calientes at the
      329 words
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      Page 12 Advertisements Column 4
      229 12 J3rit For the next three weeks, British Buffet Lunch we ll treat you l.ke royal March 2 1 tv at our British Buffet. Noon 2.30 pm with over 60 traditional favourites, you'll be hack Adult $36+ for seconds, thirds... Child below 10 $18+ We serir the u orld to you
      229 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      766 12 TELEVISION AND RADIO SBCI2 a 3SBB I business on rabo tamD DIOOQ 7.25 AM CNN International <L>. BBC, 89.9 mHi in VHF Band 7.30 PM Murphy Browi hrunk s mission, McK3\ s co-pilot is jq AJvtn Mid the Chipmunks 7»10lM| S»2SMIf l«3op®l| Appendectomy. Newton hit by a sniper, who has
      766 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Christopher Columbus, a Norwegian?
      736 13  -  A new book by a Norwegian maritime history writer suggests that Columbus was actually a Norwegian nobleman named Christopher Bonde who discovered America in 1477, not in 1492 as is commonly believed. Doug Mellgren reports. Doug Mellgren AP Norwec.ians have been miffed for centuries about Christopher
      AP  -  736 words
    • Article
      Creator of British atomic bomb dies
      412 13 CHATTERBOX LORD PENNEY, the creator of the British atomic bomb in the *****, has died, his family announced yesterday. He was 81. Penney died on Sunday at his home in the village of East Hendred. 88 km west of central London. No cause of
      412 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      310 13 AND ENTERTAIN The Happiest Hours In Town. POL;> 411 11 not K\ mm u»*i'M Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. il ANA HOTEL lh NASMNI Mill. SIM.AIMKI IC2V IH 7
      310 words
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      Page 13 Advertisements Column 2
      104 13 The freskest, liveliest seafood place in town. You'll have to go a long way to find seafood any fresher. Lunch: 12 noon 2.30 pm. '9" Except Sunday. Dinner: 6.30pm 11.00pm. .«< I THE SEAFOOD PI ACE LEVEL I THE PA> PACIFK HOTEL MN(iAH)If MARINA I SQUARE RAFFLES HOI LEVARI) MM
      104 words
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  • ADVERTISING & MARKETING
    • Article
      Top 10 agencies take lion's share of industry's billings
      783 14  -  By Jean Wee, Sangeeta Mulchand SINGAPORE'S top 10 agencies last year accounted for more than half of the total amount billed by the local advertising industry. The 10 agencies, reporting their unaudited billings, accounted for $473 million, or 54 per cent,
      783 words
    • Article
      Lock icon Split at former highflier Los Angeles ad agency
      186 14 NYT KEYE/Donna/Pearlstein advertising agency, a former Los Angeles highflier that has been spiralling downwards for some time, has quietly fractured. The agency's chairman, Paul Keye, has left, taking six clients with him to a new agency formed in Los Angeles with Roger
      NYT  -  186 words
    • Article
      Another honour for TBP's Body Shop campaign
      369 14  -  By Sangeeta Mulchand THE BALL Partnership's controversial ad campaign for The Body Shop Natural Cosmetics has picked up yet another creative award this time at the 20th Mobius Awards, an international advertising industry event. The anti-CFC campaign which includes an ad reading "It
      369 words
    • Article
      Lock icon If music be what comes with Coke, drink on, drink on
      176 14 NYT COCA-COLA Co and Sony Corp announced on Tuesday that they planned to give away 5.6 million miniature compact audio disks with 6-packs and 12-packs of Coca-Cola beverages. Coke declined to say how large an advertising and promotion budget
      NYT  -  176 words
    • Article
      COPY LINES
      298 14 EX-BALL PARTNERSHIP creative director Robert Speechley has joined J Walter Thompson as associate creative director, reporting to executive creative director, John Kyriakou. Mr Spccchlcy's agency experience includes work with Clemenger/BBDO. Ogilvy Mather, and The Ball Partnership in Australia. Thailand, Indonesia, Malaysia and Singapore. The addition of Mr Speechley
      298 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      58 14 f g^., Technology Porks unveils yet another state-of-the-art landmark the cool, blue CINTECH 11. Specially |MpHppHpH|^HHH| designed and built for high-tech companies involved in information technology, CINTECH II at the Singapore Science Park steers Singapore into the technological age of tomorrow. CALL 774 1033 OR V|S|T us AT mmmmamamama 16
      58 words
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  • SPORTS
    • Article, Illustration
      Sabatini overcomes DeLone
      357 15 Virginia Slims of Florida GABRIEL A SABATINI wasted little time on Tuesday downing Erika DeLone 6-2, 6-2, in the seeond round of the Virginia Slims of Florida. "Right now I have to worry more about first matches than the others," Sabatini said, "because then I start to
      357 words
    • Article
      Lock icon Masur makes McEnroe fight for victory
      385 15 Reuter NINTH SEED John McEnroe was put to a stern test by Australian Wally Masur but emerged with a 7-6 2-6 7-5 victory on Tuesday in the first round of the US$l million (SSI.7 million) Champions Cup tennis tournament in California. McEnroe, who beat
      Reuter  -  385 words
    • Article
      Lock icon Ruddock expects to knock out Tyson
      271 15 AP CANADIAN Donovan "Razor" Ruddock predicts he'll knock out Mike Tyson in their March 18 heavyweight bout, but he did not go so far as naming the round. "I have a lot of confidence in my boxing ability and also my power," Ruddock said
      AP  -  271 words
    • Article, Illustration
      Lock icon Budd's ready to run again — for S Africa
      189 15 Budd's ready to run again for S Africa Reuter ZOLA BUDD is getting ready to take on the world again, but not until South Africa is re-admitted to international athletics. Budd. now Mrs Zola Pieterse, has kicked oft the shoes she learned to wear running for Britain and has started
      Reuter  -  189 words
    • Article
      Lock icon Senna tipped to retain world title
      178 15 AFP NELSON PIQUET could win his third race in a row at the Phoenix Grand Prix in Arizona on Sunday when the 1991 world motor racing championship gets underway. But it is fellow Brazilian Ayrton Senna who is the favourite to retain his title
      AFP  -  178 words
    • Article
      Lock icon St Andrews to play host to British Open 1995
      200 15 Agencies THE Old Course at St Andrews, the birthplace of golf and still the game's most famous course, will host the British Open for the 25th time in 1995. The Royal and Ancient Ciolf Club, which oversees golf in most of
      Agencies  -  200 words
    • SIDE LINES
      • Article
        Gautier slows down but still likely to set record
        112 15 FRENCH yachtsman Alain Gautier is expected to slice five days off the record for the third leg of the BOC round-the-world solo race from Sydney to Punta del Este. Race officials in Sydney said yesterday that Gautier's yacht Generali Concorde was
        112 words
      • Article
        Italy's move applauded
        60 15 FIFA has applauded the Italian soccer league for taking the lead in deciding to employ professional referees, and says it expects other countries to follow. Sepp Blatter, the International Football Federation general secretary, who criticised rcfcreeing standards at last year's World Cup, said yesterday: "Italy is acting
        60 words
      • Article
        Tackling the giants
        130 15 THE university city of Cambridge has for centuries been renowned for its colleges and chapels and the learned scholars who have passed through them. The city's professional soccer club third division Cambridge United has had an altogether shorter and more anonymous existence. But it could create a
        130 words
      • Article
        Stewart's out of action
        60 15 FORMER PGA champion Payne Stewart has a herniated disc and will miss the PGA Tour's next five events leading up to the Masters. Stewart, the tour's third leading money-winner last year with U*****,281 may even miss the Masters, which begins on April 11. Stewart pulled out
        60 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      70 15 i j> i ;j 1 'i/JBw Omni Marco Polo Hotel E Singapore ntertaining is plain sailing when you have a distinctive ambience and distinguished cuisine. *Y- v FOR BANQUET AND WE ALSO CATER FOR HOUSE. GARDEN, EMBASSY AND OFFICE FUNCTIONS. FROM FOUR TO FOUR HUNDRED PEOPLE. CATERING ENQUIRIES PP w4
      70 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Buying spree pushes turnover to record high
      4676 16  -  By Genevieve Cua HECTIC buying pushed turnover to a record high on the Stock Exchange ot Singapore yesterday, and many dealers and analysts believe that the volume can be sustained over the short term. Buoyed by Wall Street's 58-point rise overnight, Singapore's share
      4,676 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4295 17 Main Board SIA Foreign IKf>0 F 70 > 1 >>% SHI Foreign 11 Xt> INI I s 1% iurong Ship 50* X35 I 55 17 1% SIA 12X0 i4o i i 2% DBS 1150 140 i Vft% SAL-SIAF»>3 2000 IK) 140 >26 DBS Foreign 1120
    4,295 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      81 18 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) por share dividend (000) (cents) Avimo Feb 27 Sep 90 $3 0061(511.029) -(14 I"" 1 H Leung Credit Ian 16 bin 90 M$24 462i$18.0/4) 21 J 1 0 CSC Ian 14 Sep 90 $53.941 ($*****) 5
      81 words
    • Article
      PRELIMINARY RESULTS
      234 18 Comoanv Date Year Croup pre-tax Net earnings Gross ann to profit/loss <l) P«r share dividend (•000) (cents) fempleton Mar 5 Dec 90 US$63.078($63.789) 36 3(34 6) 1500(1300) BAT Mar 4 Dec 90 S41.018($32,019) 33 8(16 2a) 15? 4<100) S Steamship Mar 4 Dec 90 $44,519(131.730) 7 9(6 2)
      234 words
    • Article
      INTERIM RESULTS
      261 18 Company Date Half-year Group pre-tax l T t rim j nn to profit/loss (L) dividend (000) H leoni Credit Mar 4 Dec 90 MJ19.470($13,348) 3(1 8a) Cons Plant Mar 2 Dec 90 M$40.600($56.600) 8(92) DM8 BM Mar 2 Dec 90 M$20.400($19.000) 6(6) Sea View Mar 2 Dec 90
      261 words
    • Article
      CORPORATE DEVELOPMENTS
      950 18 Mar 4 Antah Holdings Bbd has formed a 50-50 joint venture company called Antah Western Petroleum Services Sdn Bhd. with a US-based company Western Petroleum Services International to expand its oil and gas division. Magnum Corp will take a half ownership of the Austotel chain of 192 pubs
      950 words
    • Article
      DIVIDENDS ANNOUNCED
      432 18 Current Ex Books Date Total lor Total for payment date dose payable the year last year A scan Find US$010(b) Mai 18 Mar 28 Apr 8 US$010 A«no 5%TE Feb 25 Ma' May lb 12 WE 25%TE MT 104 8% Apr 15 Apt ?6 May 10 ***** 1001
      432 words
    • Article
      RESULTS DUE
      954 18 Main Board La*t Full Year I Company Period Date Year Net EPS Gross Net arranced en** (cents) 4* profit last year (*"000) CIS Packagng Interim Now 13 Dec 90 29 7 132 11.616(e) j BMT Interim Jan 10 Jun 91 2542 1500 773 j Apdo Final Feb 16
      954 words
    • Article
      APPROVED ISSUES
      166 18 Company Rights Issue H lean Credt Twoforfive (a, M$? 00 pet share Ei-date Feb 21 Books close Mar 7 Acceptance Payment NV» Petangi Bhd Too for five MJ1 60 per share I b-date Mar 4 (Books close Mar 18 Acceptance Payment NYA Company Bonus Issue H leong Credt
      166 words
    • Article
      BONDS, LOANS & WARRANTS
      890 18 BONDS, LOANS WARRANTS Company Conversion pried Cowwrsiwi term ter o— ordinary «fcar< ItC Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus $0 77 cash or 1 warrant phis J (0 77 nominal amount
      890 words
    • Article
      COMPANY MEETINGS
      97 18 A vino Singapore Ltd: 17th AGM at Valley Room, Shangri-La Hotel. 22 Orange Grove Road, Singapore 1025 on Monday, Mar 18. at 12 noon United Overseas Land Ltd: EGM at the Board Room, 30th Storey. UOB Building, 1 Bonham Street. Raffles Place. Singapore 0104 on Wednesday, Mar 20.
      97 words
    • Article
      RECORD HIGHS & LOWS
      213 18 RECORD HIGHS LOWS BT Composite Index -ST Industrials Index 1991 htfi: 1299 81 (6/3 91) J?!"** ll/l/ll1991 to.: *****2 (16 1/91) J 1990 tofh: *****3 (16/7/90) "J-JJ /iwin/qo 1990 to. 981 07 09 11 90) *90 tor ***** ll/ 0/« 1989 hifh: 1322 00 28 12 89) J» «J76 1989
      213 words
    • Article
      PROPOSED ISSUES
      331 18 Company Rights Issue BUcom One fo» two <a MSI 00 per share Issue ot 40m Cumulative Redeemable Preference Shares ot WJO 10 each at MJ! per share wth 10m detachable TSR Boitor One for four <«, MS? 00 per share George Kent One tor two MSI 50 per
      331 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      163 18 SINGAPORE FURNITURE EXPORT SHOW Trade Positively the region's grandest furniture show featuring the best of ASEAN under one roof. With over 8,500 sq. metres j the ASEAN Furniture Show 91 promises to be the We'll be featuring the best of furniture and craftsmanship from Indonesia, Thailand, '<^. Philippines*, Malaysia and
      163 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks rise sharply on strong buying support
      4227 19 Bernama SHAKE PRICES in Kuala Lumpur yesterday closed sharply higher on a broad front on strong buying support with sentiment buoyed by the surge on major overseas markets. The KLSE C omposite Index at the close rose 18.74 points to 596.29. a level
      Bernama  -  4,227 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      135 19 sqKHS I'KKSIANS CHINKSK Woollen AMIR SON'S ltd PAKIS lAN CHINKSb Silk «i»:t 111 l ucky Maza. :v H Orchard Ruad. Singapore W_'3. 'IVI: *****83 *****12.1 ax: *****35. AFGHANS Old KKLIMS WKKKDAYS: Warn 7pm SATURDAYS tUam -Kpm SUNDAYS C I.OSKI) RUMANIAN 1 KASHMIR Silk Scalpel...scissors...sutures...BusinessTimes Who I her you're a surgeon,
      135 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close higher on Wall Street surge
      2310 20 Reuter I ()KN (> S'KK 'KS yesterday ended higher on general euphoria triggered by a surge on Wall Street overnight. High-tech blue chips led the rise, followed by pharmaceutical and individual incentive-hacked issues. Brokers said the market w;is hopeful for another rally in
      Reuter  -  2,310 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares rise sharply on heavy blue chip buying
      2362 20 Reuter HONGKONG stocks ended sharply higher yesterday. as heavy buying in New York on Tuesday spilled over into Asian markets, brokers said. "Wall Street went up sharply overnight and Hongkong just kind of followed," said Bosco Lo of Citicorp Viekers. "Investors are
      Reuter  -  2,362 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie stocks in biggest gain in 17 months
      • Article
        AUSTRALIA
        940 21 THE AUSTRALIAN share market yesterday soared to its biggest one-day gain in 17 months as investors scrambled to join the bull market run. Not even the release of a surprisingly bad January balance of payments figure of A 51.86 billion could dent buyers' confidence. "The market seems to have
        940 words
      • Article
        TAIPEI
        402 21 TAIWAN share prices reversed early gains yesterday to finish slightly lower as investors turned cautious in the last hour of trading and started to sell, dealers said. The weighted index, which gained more than 100 points in the first minutes after the market opened, finished 39.67 points lower at
        402 words
      • Article
        BANGKOK
        734 21 THAI stocks closed sharply higher yesterday in line with rallies in New York and Tokyo, with textile and poorly capitalised issues leading the advance, brokers said. The SET Index closed 16.11 points, or two per cent, higher at 803.21 on turnover of 4.9 billion baht. Siam City Cement gained
        734 words
      • Article
        NEW ZEALAND
        137 21 LEADING New Zealand shares ended higher yesterday on sentiment buoyed by strong overseas equity performances, but brokers said local institutional investors had remained quiet. Downside is seen as limited, especially with Wall Street looking so strong and some leading domestic stocks providing good value around current low prices.
        137 words
      • Article
        SEOUL
        737 21 SEOUL stocks closed higher in heavy trade yesterday as news that Finance Ministry had discussed ways to strengthen the competitiveness of the manufacturing sector encouraged the market, brokers said. The composite stock index closed at 676.37, up 6.54 from Tuesday's close. Trading volume was heavy at 264.18 billion won
        737 words
      • Article
        MANILA
        581 21 PHILIPPINE share prices advanced in enthusiastic response to New York's overnight gains, pushing the Manila Stock Exchange composite index 26.17 points, or 2.7 per cent higher to close at 967.26. Brokers said they were surprised by the strong rally in Manila considering the absence of local developments. "We didn't
        581 words
      • Article
        Lock icon JAKARTA
        562 21 Reuter PRICES on the Jakarta stock exchange closed higher on speculative buying, with the index rising 3.82 points to 382.41, brokers said. They said most shares traded in thin volume. Astra International rose 500 rupiah to 20,100 on turnover of 129,500 shares.— Reuter Jakarta Rupiah VoK*00) Abda 2400 Ahap
        Reuter  -  562 words
      • Article
        Untitled
        181 21 Wellington NZ Cents Vol(W) Air NZ +7 4005 ANZ Banking 420 10 20 Bank Of NZ 63 +3 2172 Baycorp Hold 6 unch 200 Brierly Inv 110 +5 ***** Carter Holt 178 unch 9464 Cavalier Corp 145 unch 90 Ceramco Corp 8£ 1 3590 Citv realties 20 unch 40 Corp
        181 words
      • Article
        INDICES & TURNOVER
        97 21 INDICES TURNOVER Close March 6 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1,414.4 2,196 3 817 1 102.36 1.375.0 2.151 2 784.5 78 13 38 9 <■44.8 f 32 6 24 23 BANGKOK SET Index Turnover (million baht) 803.21 4.900 787 10 3.030 16
        97 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        396 21 In local currency In S$ In I S$ S day S >ear S day year S day year MAR 5 Index change change change change change change World 403.1 08 12.6 0.9 118 0.9 12.1 JEAFE 527 8 0.6 12.3 1.0 116 10 119 Europe
        396 words
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  • WORLD STOCK MARKETS
    • Euphoria sends Dow soaring 58 points
      • Article, Illustration
        NEW YORK
        1284 22 INVESTORS climbed on the Wall Street bandwagon on Tuesday, driving >tock prices sharply higher and lifting trading volume to its highest level in almost a month. Several market indexes established new highs. The Dow Jones industrial average now only 27 points short of its July record soared 58.41
        1,284 words
      • Article, Illustration
        LONDON
        826 22 UK EQUITIES held big midsession gains yesterday as investors joined a euphoric wave of global stock buying that celebrated the prospects for economic recovery in the aftermath of the Gulf War. The FTSE 100 share index soared past the record close that has stood since Jan 3, 1990, when
        826 words
      • Article
        FRANKFURT
        253 22 GERMAN share prices ended below their highs on Tuesday, but remained above Monday's close, after the buy orders that had spurred an initial, mainly technical rally dried up towards the end of an active session. Notable movers were pharmaceutical firm Schenng and engineering group Preussag. The 30 blue chip
        253 words
      • Article
        AMSTERDAM
        298 22 WHILE most investors sat tight on their stocks a small number of buyers, afraid of missing the boat, propelled Dutch shares to their highest levels for the year, dealers said. The CBS tendency index finished 1.3 points or 1.4 per cent up at 91.0, a new 1991 closing high.
        298 words
      • Article
        Untitled
        130 22 —I Brussels Vlar 5 Francs FORWARD MARKET Accc 2810 +125 Artocd 3840 70 Aslur 1130 30 Brascan 528 8 C'anpac Cock 170 +9 Dc Been 760 -f 34 F.bes Gb-lnno-Bm 1240 unch Gcvacrt 7560 +220 Cir Bru Lamb 3700 +40 Hobok Pctro ***** H00 Ryl Dutch 2515 -45 Sidro 1660
        130 words
      • Article
        PARIS
        152 22 THE Paris bourse CAC-40 index on Tuesday closed above the psychologically important 1.800 level for the first time since August 7. the first week of the Gulf crisis, dealers said. The index finished at 1.800.63, up 33.89 points or 1.92 per cent on Mondav's close. Brokers said the rally
        152 words
      • Article
        MILAN
        157 22 ITALIAN stocks closed little changed in a dull session with light trading volume as selling of blue chips tied to monthly options contracts weighed on the market. brokers said. The MIB index edged up two points to close at 1.093. Blue chips Fiat and Generali, which is expected to
        157 words
      • Article
        TORONTO
        278 22 A BUYING frenzy boosted Toronto stocks as a wave of investors pushed the market up 1.2 per cent to a new 1991 high in an effort to catch the bull run, dealers said. The Gulf allied victory and falling interest rates are seen reviving revive consumer confidence, they added.
        278 words
      • Article
        Lock icon ZURICH
        279 22 Reuter SWISS shares closed higher in moderate trading as the firm dollar supported stocks in major industrial companies, dealers said. The All-Share SPI Index added 8.9 points to 1,031.7, a shade below its day's high of 1,031.9 and the SMI index of leading shares rose 9.7 points to 1,591.0.
        Reuter  -  279 words
      • Article
        STOCKHOLM
        67 22 PRICES on the Stockholm bourse closed higher in active trade on Tuesday focused on blue chip shares in general, dealers said. The bourse general index firmed 0.46 per cent O 1.062.58 in turnover of 390 million crowns. Blue chips firmed 0.78 per cent. Ericsson free B-shares climbed seven crowns
        67 words
      • Article
        JOHANNESBURG
        330 22 JOHANNESBURG stock market gained some ground on Tuesday after a lethargic start to the day, helped by improved demand in the afternoon tor a limited supply of quality issues, dealers said. The JSE all-gold index rose slightly to a preliminary 1087 close from Monday's 1083 finish and the industrial
        330 words
      • Article
        INDICES & TURNOVER
        100 22 INDICES TURNOVER NEW YORK IX>» Jones NYSE Financial S&P 500 Turnover (million) March 5 tlo* Previous 2 972.52 2.914 II f58 4l 147.28 ***** *2.19 376.72 369 33 7.39 253 7 2000 53.7 LONDON Financial Times >0 FTSF 100 Turnover (million) 1.946 0 2.420 1 681.1 1 913.9 M2 9
        100 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar recovery continues in early European trade
      1217 23 FOREX MARKET REPORTS I HE US DOLLAR was sharply higher in early Europe yesterday, as buying euphoria swept the market after the dollar held above support levels late on Tuesday in New York. The dollar climbed to an opening 1.5435/40 marks from
      1,217 words
    • Article
      INTERBANK FOREX RATES
      427 23 Cross rates Mar 6 USS SS \1$ Dm Yen i SFr AS N/$ I SS I 7400 2.7320 I 5420 136.20 0.5285 1.3425 1.2970 1.6835 SS 0.5747 1.5701 0 8862 0.7828 0.3038 0.7716 0.7454 ***** MS 0.3660 63.69 0 5644 0 4985 0.1935 0.4914 0.4747 0.6162 Dm
      427 words
    • Article
      MONEY MARKET
      569 23 Interbank rates SS Bid Offer Overnight 4 3/8 4 1/2 month 4 11/16 4 13/16 J-month 4 3/4 4 7/8 t-month 4 3/4 4 7/8 Overnight mode: 4-7/8 INS Bid Offer 7 days 6 7/16 6 9/16 1 month 6 3/4 6 7/8 2 months 6 11/16 6
      569 words
    • Article
      Lock icon European interest rates will fall: economists
      557 23 Reuter SLOWING economic growth in Europe means the European interest rate cycle has more than likely peaked and nominal interest rates will fall across most frontiers in the second half of this year, economists said. Real yields arc expected to fall as core inflation
      Reuter  -  557 words
    • Article
      FINANCIAL FUTURES
      1230 23 EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 91 93.17 93.20 93.17 93.20 5000 ***** 3523 Jun 91 93.20 93.23 93.20 93.23 ***** ***** ***** Sep 91 93.00 9302 9299 93.02 2400 5787 2730 Dec 91 92.61 92.63 92.60 92.63 750 6879 1003 Mar 92 92.46
      1,230 words
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  • COMMODITIES
    • Article
      Lock icon Substantial rise expected in sales of Bintulu LNG
      389 24 Bernama MALAYSIA'S Liquefied Natural Gas project in Bintulu, Sarawak, MLNG. is expected to increase its sales substantially to more than 7.5 million tonnes a year from 6.2 million currently. The higher sales has been made possible with the completion on Dec 1,
      Bernama  -  389 words
    • Article
      Lock icon Opec faces crucial output decision at Monday meeting
      326 24 UPI THE NUMBER ONE issue on the oil scene now is whether or not the Organisation of Petroleum Exporting Countries (Opec) can reach a credible agreement at its forthcoming ministerial meeting in Geneva on March 11, an oil industry newsletter said. Opec
      UPI  -  326 words
    • Article
      Lack of fresh buying dampens KL tin
      856 24 REPORTS 1 THE tin price closed one sen lower to M$ 14.91 per kg on the Kuala Lumpur tin market on lack of fresh buying support. Dealers said the US$2O drop on the London Metal Exchange overnight continued to dampen market sentiment in
      856 words
  • Article
    PRICES
    1555 24 Rubber Mar 6 MS («*>!■>■<—) S ccnls/k t j Noon Close Int I RSS Prompt 143 25/144 25 143 50/144 50 Int I RSS Apr 91 145 50/14* 00 145.75/146 25 Int I RSS May 147 00/147 50 147 25/147 75 Int 2 RSS OP 142 00/144 OON I42
    1,555 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      374 24 NOTICES IN THE MATTER of THE COMPANIES ACT, CAP. M AND IN THE MATTER OF MALAPIN INVESTMENTS PTE LTD (la Vdutvy Liquidation) MEMBERS' VOLUNTARY WINDING UP At the Extraordinary General Meeting of the members of MALAPIN INVESTMENTS PTE LTD duly convened and held at 22 Scotland Road ***** Penang Malaysia
      374 words
    • Advertisement
      Page 24 Advertisements Column 2
      294 24 HUAT FARM PTE LTO (Incorporated in Stnqapore) (In Members Voluntary Liquidation) Registered Office 14 Kim Keat Lane, Singapore 1232 NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that the Final General Meeting of the Company will be held at the Registered Office of 7th April 1991 at 10 00 a
      294 words
    • Advertisement
      Page 24 Advertisements Column 3
      13 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page I I
      13 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1130 25 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA975 GA887 1125 1225 MH644 MH/SQ 671 MH671 1720 1800 SQl 10 SQl 12 MHf> 4 1 1445 1545 1610 Adelaide SQ228 QF5 1900 2000 1800 IVIl 1U-J 1 MH610 MH643 1715 1730 Amsterdam
    1,130 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Stirring up a revolution in kitchens
      506 25  -  LETTER FROM MIAMI By Bryan Miller SOMETHING new is happening under the tropical sun in this metropolis by the sea. From Coral Gables to Miami Beach, from North Miami to Little Havana, a colourful new wave of cooking is washing over the landscape. Some
      506 words
    • Article
      MONEY CHANGER RATES
      147 25 As at 3pm yesterday: I .ocaI dollars to one unit of foreign currency C urrencies Bid Offer Australian dollar 1.325 1.3450 Canadian dollar 1.4890 1.5090 NZ dollar 1.0200 1.0500 Sterling pound 3.2750 3.3050 US dollar 1.7350 1.7500 Ixal dollars to 100 units of foreign currency Austrian schilling
      147 words
    • Article
      WORLD TRADE EXHIBITIONS
      61 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel March International 14-24 Home Exhibition Turin. Italy Torino Esposi/ioni SpA (39)1165 69 March 15-20 International Exhibition for the Hotel. Germany Hamburg Messc U nd Congress GmbH (49)40/***** Mar 14. 15 Tourism 2000 Shangri-la Hotel. Kuala Lumpur Malaysian
      61 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      42 25 You've got nothing Tbulouse trying Finnair next time you go to France. With a twice-weekly service from Singapore direct to Helsinki and then to everywhere in Europe from Paris to Prague. Call *****77 for details. We know Europe from start to Finnish.
      42 words
    • Advertisement
      Page 25 Advertisements Column 2
      20 25 i» jf I I^^R/ IJKr/ .m The latest news imj v jf and much more. From lunch-time. Monday to Saturday.
      20 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      259 25 1 Act evasively to trace a viper in another guise (11) 9 I 9 Diners' card (4) W—W—W—W W— 10 Grub to provide food and I support (11) Lhb mJ--11 Do give me backing in the 1 I MH Eight in a row ___HL_Jl^lß__Jii^BM__ 16 Direct route to a centre
      259 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      229 25 Singapore Outlook: Showers over several areas in the late afternoon and early evening. Forecast: Maximum temperature... 33.0 Assoc humidity 58% Minimum temperature 24.4* C Assoc humidity 94% Hours of sunshine 9.10 Rainfall in mm Nil Rainfall this month Trace Rainy days this month 0 World forecast Asia-Pacific Hi/I>o* Cond. Auckland
      229 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      27 25 I Yes i PofPCD wto -rwe f ToAITOQJ Y~ I voutc Trrerr t ernaeNCV y Vt|<IMTOK». j Ve-^Bmo N —x£. 8302 EVENING STANDARD CO. LTD.. 1962-1991 O^cAS^
      27 words
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  • Article
    HK Budget: heavier 'sin' taxes
    666 26  -  Financial sector can look forward to creation of a govt bond market From Catherine Ong in HONGKONG HONGKONG has announced hefty increases in "sin" taxes in an otherwise mild Budget that predicts higher economic growth of 3.5 per cent amid unabated inflation. Taxpayers have been
    666 words
  • Article
    No tax breaks for banks' past general provisions
    502 26  -  By Alvin Tay PAST GENERAL provisions made by banks and merchant banks will not be eligible for the tax breaks announced by the Finance Minister last Friday, the Monetary Authority of Singapore said yesterday. In a circular, the MAS said general provisions
    502 words
  • Article
    Lock icon Saddam's troops winning against rebel forces
    375 26 Agencies SADDAM HUSSEIN's forces were gaining the upper hand against a rebellion in southern Iraq yesterday and were moving to quell unrest in the city of Karbala. American intelligence reports from the Saudi capital of Riyadh said Saddam loyalists had started to win control
    Agencies  -  375 words
  • Article, Illustration
    Gulf war: a war waged for Big Business?
    592 26  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT correspondent AMERICAN and British politicians could be doing what Saddam Hussein had failed to do for the past eight months to pull apart the coalition arrayed against Iraq.
    592 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      100 26 Nikon The World's Finest Photographic Systems THANKYOU SINGAPORE The Board of Directors thank the following organizations for their warm welcome, hospitality and support in the establishment of Sempati Air's inaugural flight to Singapore. Parliament of the Republic of Singapore Ministry of Communication Civil Aviation Authority of Singapore Straits Times Q
      100 words
    • Advertisement
      Page 26 Advertisements Column 2
      239 26 Nikon The World's Finest Photographic Systems EASTER Holidays 29 Mar 1 Apr Includes Airfare by SI A. Transfer, Beach Hotel. Breakfast. 4 Days C7QQ CEBU p LAZA (EQ/IQ CORAL REEF (tOCC Tour <4>/ J J City Hotel •4*^ w Hotel (5-Star) «PUUV CEBU DIVE Package (t><| «2QQ 29 March &-%c\rt\
      239 words
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  • Shipping Times
    • Article, Illustration
      SOS takes more flexible stand on hiring of seamen
      535 27  -  By Selva Kumar MORE ships arc likely to fly the Singapore Hag now, not only because of new tax incentives but also because of a more flexible approach by the local seamen's union. In the past ships intending to register here
      535 words
    • Article
      Lock icon China takes lease of AsiaSat transponder
      177 27 AFP THE Hongkong-based consortium running Asia Sat I, Asia's first commercial satellite. has leased one of its transponders to China. China's Ministry of Posts and Telecommunications, represented by Hao Weimin, chief engineer of the Directorate General Telecommunications, signed the three-year lease agreement worth HKS46.B
      AFP  -  177 words
    • Article
      Lock icon MSE wins M$25m ship contract from Indonesian line
      308 27 Bernama MALAYSIA Shipyard and Engineering Sdn Bhd (MSE) has won a Ms2s million contract to build a cargo vessel for an Indonesian company. President and chief executive of the MSE, Mohamad Najib Jaafar, said Damarscgara Agung Line was the first foreign company
      Bernama  -  308 words
    • Article
      Chinese firm in talks to buy 3 ships from German group
      220 27 STATE-OWNED China Ocean Shipping Company (Cosco) is negotiating an order for three large containerships in excess of 3.500 TFT J with the German shipbuilding group Bremer Vulkan. Each of the vessels would cost around Dm 160 million (SslBB million).
      220 words
    • Article
      Lock icon Britain allowing new carriers to start service to Heathrow
      472 27 NYT TIIH British government said on Tuesday that new carriers would be allowed to start service to Heathrow Airport. Scrapping the rules that had barred such service eliminated a big hurdle for United Airlines and American Airlines, which are seeking to
      NYT  -  472 words
    • Article
      Lock icon Asean must act to open sky policies
      219 27 AFP ASEAN must join forces to deal with a trend towards liberalisation and open skies in world civil aviation, an Indonesian official said on luesday. Asean must be prepared "to state clearly our legitimate interests and, if necessary, to protect ourselves from unfair
      AFP  -  219 words
    • Article, Illustration
      Asia-Pac set to become second biggest market for aircraft
      290 27  -  By Dexter Lee FOR the first time, the AsiaPacific is poised to displace Europe as the world's second largest market for commercial aircraft. According to Boeing's latest annual issue of Current Market Outlook, the average annual value of aircraft delivered to
      290 words
    • NEWS SUMMARY
      • Article
        Designs for oil spill reduction
        39 27 A STUDY recently concluded has pushed forward the frontiers of knowledge in tanker design by providing a rewarding compendium of information divided almost equally between highly technical findings and highly subjective evaluations Page 2
        39 words
      • Article
        Double hulls limit oil spills best: report
        43 27 A HIGH-POWERED study on tanker designs has concluded that double hulls appear to offer the best method of limiting oil pollution after accidents. The eagerly-awaited study was conducted by the US National Research Council. Back Page
        43 words
      • Article
        Tokyo tells car firms to moderate exports to EC
        56 27 THE Japanese Ministry of International Trade and Industry has asked Japanese ear makers to keep exports to the European Community moderate to avoid possible trade friction. The latest request followed a 7.5 per cent increase in Japanese motor vehicle shipments to
        56 words
      • Article
        Japanese car makers in US likely to raise wages
        68 27 NOW THAT Mazda Motor Corp has a new union labour contract, analysts say that other Japanese car makers probably will raise their wages in an effort to keep the United Auto Workers union at bay. The UAW and Ma/da reached a
        68 words
    • LOG BOOK
      • Article
        S Korean yards expect orders to revive
        105 28 SOUTH KOREAN shipyards received orders in January and February amounting to only 1.7 per cent of those of a year ago, the Korea Shipbuilders Association said. The shipbuilders were only asked to make six small ships from domestic companies for a total of
        105 words
      • Article
        BA to resume Gulf flights
        78 28 BRITISH AIRWAYS will resume its services to the Gulf starting with flights to Bahrain from tomorrow and to Tel Aviv on Saturday. Services to Riyadh and Dhahran will also resume "shortly afterwards". However the company said that all resumptions are subject to a satisfactory Gulf
        78 words
      • Article
        Louisiana setting up fund
        60 28 LOUISIANA officials are creating a fund to clean up oil spills that calls for a two-cent per barrel tax on crude oil transferred from barges or tankers at marine facilities in the state. The fund estimated at US$lO million (S$ 17.1 million) annually would be administered
        60 words
      • Article
        Scud missiles onboard vessel
        44 28 A CARGO SHIP is sailing to Syria with a consignment of Scud missiles. Italian newspaper, Corriere Delia Sera, said the missiles were bought in North Korea and are apparently more advance than those used by Iraq in the Gulf war.
        44 words
      • Article
        CMB's deputy GM resigns
        49 28 SOCIETE Gcnerale de Belgique's shipping affiliate CMB said its deputy general manager Jacques Dewilde resigned on Tuesday. Mr Dewilde was in charge of CMB's transport division, the company's main business. A CMB spokesman said general manager Jacques Saverys would temporarily take over Mr Dcwilde's functions.
        49 words
      • Article
        Lima's engine room on fire
        67 28 THE OWNERS of the British tanker Lima said the vessel had a fire in its engine room at St Vincent, Cape Verde Islands and not an explosion as reported by Lloyds Shipping Intelligence. The fire broke out on March 3 at St Vincent, a spokesman
        67 words
      • Article
        Ships ordered to lie offshore
        53 28 ALBANIA has ordered ships at its southern port of Vlore to lie offshore, out of the reach of thousands of would-be refugees campcd near the port, Italian port officials said. The move came after nearly 600 refugees arrived in Italy on Tuesday, swelling the number
        53 words
      • Article
        Jetliner disappears
        49 28 VENEZUELAN jetliner carrying 43 people on a domestic flight vanished 25 minutes after leaving Maracaibo and nothing had been heard of the plane more than six hours later, airline officials said. All those aboard the Acropostal DC-9 that disappeared on Tuesday afternoon were believed to be Venezuelans.
        49 words
    • Article, Illustration
      Lock icon Designs for lesser oil spills
      1103 28  -  A study recently concluded has pushed forward the frontiers of knowledge in tanker design. Joel Glass reports Joel Glass Lloyd's List IT IS quite clcar that the US National Research Council's eminent 12-mcmbcr committee on tank vessel design faccd some significant obstacles in preparing its
      Lloyd's List  -  1,103 words
    • Article
      COCKETT BUNKER MARKET REPORT
      902 28 THIS twice weekly report, compiled by Cockctt Marine Oil Ltd. shows price ranges in I S dollars instead ot' single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market mo\ements are indicated. The Cockctt Bunker Price Index change
      902 words
    • Article
      THE SHIPPING GUIDE
      12654 36 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. Advaneed dates are published for a maximum
      12,654 words
    • Article
      SHIPPING AGENTS
      3324 41 ontainerline NY: Bclsin Shpg Agencies Pte L td (SyMarine Handling Sdn Bhd (PK/PN) Accord Croup: Accord Shpg Pte I id (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel l iner Service: Kim Shpg •Trdg(S). Aibatros Sea-Air Service: Frata Shpg Pte Ltd
      3,324 words
    • Article
      COURIER SERVICES
      252 41 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Kxpmi Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80 Ainwift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. (luster Link Supplies A Services
      252 words
    • Article
      AIR FORWARDERS
      1502 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,502 words
    • Article
      PORT CONDITIONS
      3146 42 ARGENTINA Rosario: One vessel loading by-products; 2 vessels berthed in ballast awaiting orders; 2 vessels in roads awaiting shippers' orders to berth. Villa Constitucion: No v essels operating; 1 vessel berthed in ballast awaiting orders. San Nicolas: One vessel in port loading steel products; no vessels in roads;
      3,146 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      560 42 SHIP SALES TANKER RATES Reuter. AFP VESSELS SOLO FOR FURTHER TRADING ■fc Diiiit earners Solitm: 131,260 dwt and built 1973, sold to London-based Greek interests for about USS7.75 million. The Pankar Resolute: 45,206 dwt and built 1970, sold to undiclosed interests for around USS2.75 million. Good Strait 23,150 dwt and
      Reuter.; AFP  -  560 words
    • Article
      AIR FREIGHT SCHEDULE
      458 42 ARRIVALS DEPARTURES Op Flight Type ETA r From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0220 i SEL KAL KE697 B747F 0450 1 BKK NCA K7.203 B747F 2005 i NRT SIA SQ/ B747F 0540 2 BOM/LON KAL KE685 A30F 2345 I SEL/MNL BA822
      458 words
    • Article
      CRUISE & FERRY SCHEDULES
      348 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Age* MARCH 07 07 Canberra 0800 2359 Kota Kinabalu- Straits Shipping Sin-P Pangkor 07 07 Royal Viking Sun 0700 1800 Bangkok-Sin-Bali Barwil Agencies 09 09 Sea Goddess II 0900 1800 P Pangkor-Sin- Thoresen Co
      348 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        621 43 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Keppd Wharves Sembawang Eva 02 K29 alongside 0703/1930 Bertina *****1 S07 alongside 0404 1700 Kota Bakti E 886 K31 alongside 0703/0600 Dade 2/91 S05 alongside 0903/2300 Kota Berlian 5/91 K30 alongside 0603/1830 Hanpn Dubai 67
        621 words
      • Article
        CONTAINER SCHEDULE
        1409 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslh Ship Voy No Etb/Btr Period From To From ACX Rose 10 07/2300 1 06/1500 06/1659 06/1900 2 06/1700 07/0659 07/0900 Aka Bhum 470N 07/1600 1_ 06/1500 06/1659 06/1900 American Sen EF109 09/0900 2 06/1700 07/0659 07/0900 4
        1,409 words
      • Article
        IN MALAYSIAN PORTS
        347 43 Port Klang Berth at South Port on Mar 5: 1: Bum Ik. 2 Soon Hoe; 3: Tong Yee; 6: Yong Hua; 7: Builder, 7A Melaka Jaya 111 KCT: 10: Gulf Bridge North Port: 12 Pan Lepishinsky; 13: Mong Show Skan, 15: Hong Mao Hai; 15: Sufa; 16:
        347 words
      • Article
        DAILY FREIGHTS
        1069 43 DRY CARGO freight brokers confirmed on Tuesday that firmer rates had been paid for the US Gulf to Japan grain route this week. Rates in general are likely to continue rising this month but demand for vessels could fall off in April, they added. Recent rumours that a
        1,069 words
    • Article
      Double hulls limit oil spills best, says report
      527 44 A HIGH-POWERED study on tanker designs has concluded that double hulls appear to offer the best method of limiting oil pollution after accidents. The eagerly-awaited study was conducted by the US National Research Council and mandated by the US Oil Pollution Act
      527 words
    • Article, Illustration
      Lock icon Tokyo tells car firms to moderate exports to EC
      276 44 AP THE Japanese Ministry of International Trade and Industry has asked Japanese car makers to keep exports to the European Community modcrate to avoid possible trade friction. The latest request followed a 7.5 per cent increase in Japanese motor vehicle shipments
      AP  -  276 words
    • Article
      Lock icon Japanese car makers in US likely to raise wages
      336 44 AP NOW THAT Ma/da Motor Corp has a new union labour contract, analysts say that other Japanese car makers probably will raise their wages in an effort to keep the United Auto Workers union at bay. The UAW and Ma/da reached
      AP  -  336 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      188 27 SSWEE HENG METAL CO PTE LTD I No 13, Tuas Avenue 14, S'PORE 2263 FAX 861 2946 TEL 861 5855 (5 LINES) TLX: RS ***** SHMCPL Sole Agent CIFA i m buy, sell rental repair Container Schedule 17 Daly Freights 17 Index to Advertisers 3 Shipping Guide 10.11 Ships in
      188 words
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  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      215 28 NOTICES FAR EASTERN FREIGHT CONFERENCE SARAH. BRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Middle East Emergency Surcharge (MEES) The interested Lines have reviewed the levels of MEES for Non CSFT areas in light of withdrawal of additional insurance premia and have duly agreed to take the following action: E.
      215 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1981 29 Z"ZT"~ JAROINE SHIPPING AGENCIES %a| IMM AM Cantonment Road #12 OS Southpoint Singapore OAB mllVir *****11 TELEX NO RS ***** ■IRIIV TERMINAL Tel *****18 220 EVFAAAfIrI bookings th *****34 258 L VMV M PESAKA JAROINE SHIPPING AGENCIES RT KELANG TEL *****18 TELEX MA*****/MA***** IHBBH PENANG TEL *****4 TELEX NO MA*****
      1,981 words
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      Page 29 Advertisements Column 2
      942 29 INDEX TMDWRTOERS Page Col Haue Col 1 A 1 I "1 ABC Containerline 13 5 Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 Macoline '8 Albatros Sea-Air 14 3 •Maer.kLine 3 4/5 APL 5 3-5 .MISC 14 1-3 APC Line 13 4 M'sia Shpg Corp 1/2 Arrow Lines 9 5
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      2460 29 ■□■zansassa NEXT VESSEL TO USA MARCHEN MAERSK V. 9104 ETA 12/3/91 j Vessel Voy ETA I ETD "Port 'Penang DESTINATIONS Singapore Kelang This week Marchen 9 1 04 F«Mr by cv v 3 osoo Mns rarco CFS 4-3 7359 MfIS M Tauro OAK LGB MOD MEM ATL MIA CMS BAL
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      1305 30 --a* Irottedam/ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SBEI HONGKONG EXPRESS 99/109 7/3 28/3 26/3 2S/3 KQII3 KAGA 17/309 10/3 27/3 29/3 1/4 2/4 KLJRAMA 99; 110 14/3 4/4 2/4 1/4 L ALL WESTBOUNO r. FRANKFURT EXPRESS 55/310 17/3 3/4 5/4 8/4 9/4 TOKIO EXPRESS 98/111 21/3
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      Page 30 Advertisements Column 2
      548 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SKASPAC I X-291* 11/ l 11/1 19/1 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUALOAEA DIRECT CHILE SERVICE SIN IQO ANF VAP CALLAO SAN (PERU) ANTONIO SEASPAC I 26-29/3 2/5 3/5 7/5 6/5 8/5 Ag«nts: SINGAPORE: *****56 VPKSAKA JARDINE
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      Page 30 Advertisements Column 3
      1359 30 B9 mmmmmsM, &smm Bml REGULAR INDEPENDENT FULL CONTAINER SERVICE W£&T&6UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) JAPAN SEA 052W 06/03 29/03 30/03 03/03 04/04 05/04 06/04 07/04 06/04 NORASIA SINGA 9101-3 12/03 31/03 01/04 05/04 06f04 07/04 08/04
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      2002 31 jjgSteamers Maritime Holdings Ltd Wrf P&O I pflV STRAITS SHIPPING I TOk Containers iiSBW SSr 1 Vo, Nu P Klr>j S poie Alg Sol Ant Dot Mbg iic* maersk 91M rtx —nw row 2103 2/03 303 0204 accepts out sails TOKYO «AI 050? BUR 03CJ 0903 26,03 2803 3003 CARGO
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      Page 31 Advertisements Column 2
      1694 31 TO: U S A /PANAMA FM U S A /PANAMA v-a a ss s j» 3 !s CHOYANC VICTOR* EF 110 10 4 17 4 71,4 7M 271 7M m! 47 i? »,j »3 I m iij x: z .is is 4 sK&ryr-. ift TQ: EURQPE FM: EUROPE S T,
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      Page 31 Advertisements Column 3
      379 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION COSMIC COSMIC COSMIC TRADER CHALLENGER TRADER PIONEER (2nd Call) VOY NO IS 5 16 16 Spore 8/3 8 3 17/3 20 3 P Kelang 5(3 15/3 223 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Kobe 17/3 NOTE
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      764 32 HBU CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY [S PORE ROAM ADAM H BURG BREMEN ANTWERP TRIAS UNITY OOMIB 15»3 1M 21,4 26/4 »4 SRIWIJAYA iIWB I a/3 6;5 12/5 16/5 20/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ad to Inducement Alto accepting cargo to Casablanca. Port
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      Page 32 Advertisements Column 2
      934 32 If J4 M.\ HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAR S pore LEH RTM ANR HAM BRV FEL HANJIN SEATTLE 017E 7/3 H TONGHAE 081E 1/4 4/4 HANJIN OAKLAND 013W 12 3 29 3 30 3 31 3 31 3 2 4 3 4 HANJIN TONGHAE 081E 113
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      Page 32 Advertisements Column 3
      1435 32 J -J .T J 1 -J I PKL SGP HRC KSC RLC PUS MKT OSK NCY SMi TYO LA* CHS BAL NYC LHV ANN RDM THP HBC PSO CMB PKL SCP I E GRACE Rl 037 13 314 3 19 3 M/ 3 22/3 2S/3 27 3 »3 30 3
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      1704 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS' UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 iMMpNi Kt TERM NAL OFFICE *****22 DOCUMENTATION DEPT. *****44/*****14 Sifilß CFS: K27 IMPORT: *****69/*****50 CFS K27 EXPORT *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Ke)«no-(031
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      Page 33 Advertisements Column 2
      993 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) -.i ■.from EASTBOUNO LOAOIMC FOB WESTBOUND vessels 7ot»a |spo»( votage spore pkeanc hburc b haven tilbury rott Antwerp
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      Page 34 Advertisements Column 1
      1453 34 B. W M AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No **********0 M) TEI *****77 TELEX KAWAKIRS23I6S fAX *****79 m W* M MALAYSIA K LINE MARITIME (MALAYSIA) SDN BHD A TEI PJ *****22 PK *****015 PENANG *****5 JB *****1 m—mm kawasaki risen kaisha, ltd. /E.v„,«r N. AMERICA PACIFIC SOUTH-WEST N
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      Page 34 Advertisements Column 2
      1321 34 PHIU-OmCNT UN€S PTC LTD U" MM 108 ROBINSON ROAD *0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****?? *****69 *****00 TELEX RS ***** PHILI FAX *****76 *****38 BY AIR, LAND OR SEA. WE TAKE ON THE WORLD FOR YOU MEMBER Or SINGAPORE FREIGHT FORWARDERS ASSOCIATION I 11 MAR Montreal, Ottawa, toronto.
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      Page 35 Advertisements Column 1
      1652 35 aaagPff pacific international lines <pte) ltd *****55? M Jkv P,L Budding, 140 Cecil Street #03-00, Singaporeolo6. I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN GOWA 9104 10(3 1213 HAI HUI 9109 8/3 11/3 1» KOTA PANJANG 9108 12/3 14/3 18/3 HAI VING
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      Page 35 Advertisements Column 2
      1178 35 beJTline containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANYSCAN SWEDEN 058 12/3 29/3 30/3 1/4 2/4 Alsia f 068 18/3 5/4 7/4 8/4 NL Hoorn 066 20/3
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      Page 35 Advertisements Column 3
      369 35 m MYANMA FIVE STAR UNE W (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg HPA AN VI6OW in Pt MYOMAYWA VI33W In Pt MERGUI VIWW 8,10 Mar 1/7 Ma' PATHEIN VUOW 18 Mar 6/7 MaTHE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE
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      Page 38 Advertisements Column 1
      838 38 rUSSETI CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 10/3 19/3 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST j PORT KELANG 15/03 22/03 MANILA 14/03 21'03 PENANG 15/03 22/03 BUSAN 9/03 4 16/03 BANGKOK 10/03 8, 14/03
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      Page 38 Advertisements Column 2
      1253 38 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE t OUTBOUND VOY PKL PNC JKT SIN HKG KAO Kit TVO SIU NGO KOB VESSEL VOY [SIN [PKL PNG BLW SIN ACX ROSE W 9/1 *2,3 8/3 IS/3 19/3 »/3 21/1 ACX ROSE 10 l/I 9/3 j ACX LILY
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      Page 38 Advertisements Column 3
      240 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 9 391 10,3*91 PK BALAM NAGA JAYA DOCK LAMPUNG JAYA 13.3.91 U3 91 PANJANG PALEMBANG PINANG JAYA 18 3 91 19 3 91 PANJANG PERITA JAYA 15.391 16.3 91 PANJANG PALEMBANG ABADI
      240 words
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      Page 38 Advertisements Column 4
      1709 38 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE SINGAPORE S GENERAL AGENTS COSTAR SHIPPING PTE LTD TEL *****00 (SINGAPORE) INDONESIA S AGENTS P T GLOBAL PUTRA INDONESIA MARITIME TEL 380/882 (JAKARTA) MALAYSIA S AGENTS CHUNG CHIAO SHIPPING SDN BHD TEL *****91 (KL) *****1 (PENANG) GUAN GUAN SHIPPING SDN BHD TEL
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      Page 39 Advertisements Column 1
      939 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 TO ALL OUR VALUED CUSTOMERS, FRIENDS AND BUSINESS ASSOCIATES... ANNOUNCING THE MERGER OF NIHON ASIA SHIPPING |S| PTE LTD NAN SHIN SHIPPING AGENCY EFFECTIVE 1/3/91. WE ARE NOW CALLED MC-PAC FREIGHT EXPRESS AT: 15 McCALLUM STREET #06-03 NATWEST CENTRE SINGAPORE 0106 TEL: *****22/*****89
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      Page 39 Advertisements Column 2
      313 39 fS RICHFIELD MARINE AGENCIES (S) PTE LTD Sk TEL: *****33 (12 Lines) rg FAX: *****15/*****03 PQ TELEX: RS ***** RISHIP (3 Lines) PSA ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL •VESSCL Ivoy eta I loading for SPORE fABBAY AONJ .'HAD 10/04 DARESSAI AAM MOMBASA DJIBOUTI ASSAB
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      Page 39 Advertisements Column 3
      785 39 takaaP-T. MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA A THAILANO ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ
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      Page 39 Advertisements Column 4
      635 39 SYDNEY/MELBOURNE BANGKOK vtssa VOY S PORE SYO MEL VESSEL IvOY SINGAPORE BANGKOK PIYA BHUM 0302S 15 It/3 28 30/3 01-03/4 NANTA BHUM 31N Thur 1 7/3 Sun 10/3 PLANETA 0447S 01(g/4 1410/4 1B 20/4 SIRI BHUM# 475N Fn 1/3 Hon 11)3 [pIYABHUM |oSQ3S 14 IS/4 27-29/4 0143/5 MAHA BHUM# 49N
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      Page 39 Advertisements Column 5
      404 39 m TO AUSTRALIA/NEW ZEALAND "vSL |sin From Mtife |s*d lAuck |«PE |P CHALM ANTWERPEN *7 poT Si 14 74 W4 ii« TNT EXPRESS M fol Hi* M ST" 14/5 Itrt 5« ELLEN HUOIC 270 pi lfcS 2M Si Ti BRUSSEL 271 fei nii M 106 1M Tw 1M TO USA/CANADA
      404 words
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      Page 40 Advertisements Column 1
      1210 40 m. A. MAC-NELS SINGAPORE "PORT TEL: *****22 11 import TIL *****02J Wv, ILL (04) *****6 IKK TEL (088) *****0 TAWAU ILL t 089) Z/86/9 P KELANG TEL (03) *****// IKUCHING TEL (082) *****3 SKAN TEL (089) *****2 ~K~/V~ j BAHHU TEL (0/) *****2 IsißU TEL (084 *****2 SAHIKEI TEL (084
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      Page 40 Advertisements Column 2
      404 40 I' IfZ*T BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKKISEI) MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIKR. WELLINGTON. BLUtF, CHRISTCHURCH. DUNEDIN. LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK IYT PROSPECT 11S t Mar 18 Jfcr Via NPI
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      Page 40 Advertisements Column 3
      1139 40 /Zs\ THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL jvBY I ETA IIEST VESSEL VOY ETA BEST KIM SOON LI 8/91E 08
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      440 43 TIDES AND WEATHER TOPAY'S TIDES (heiftt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 **********00 1600 1700 *****900 2000 2100 2200 2300 jR 19 25 28 28 26 22 16 12 08 0 7 06 08 1 1 16 19 21 21 19
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      Page 44 Advertisements Column 1
      396 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. samudra agung POH AIK 184 7/3 BATU AMPAR/SEKUPANG/BATAM SAMUOERA 102 11/3 DUMAI/PEKAN BARU TSS 01 15/3 DUMAI KUALA SIAK V 15/3 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for
      396 words
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      Page 44 Advertisements Column 2
      697 44 Designs for oil spill reduction. Page 2 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI INNOVATOR 39E 9/3 14/3 1/4 4/4 7/4 S/T" CGM PASCAL 01W S/2 8/2 10/2 2«/2
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      Page 44 Advertisements Column 3
      706 44 ICHARTPOINTI Every Saturday in Business Times NOTICE NOTICE M.V. "KICCHO MARI VOY. M ARRD SINGAPORE t ill Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a general survey will be held on the Bth March 1991 (Friday). Keppel wharves at K3O 0900-1200 hours. No further
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