The Business Times, 13 March 1991

Microfilm: NL17466
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, March 13, 1991 75*
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  • NEWS SUMMARY
    • Article
      Bush expected to visit Middle East
      55 1 PRESIDHN I George Bush expects to visit the Middle East soon and Kuwait "is an obvious destination", his spokesman said yesterday. Presidential press secretary Marlin Fitzwater said dates had yet to he selected for a post-war tour of the Gulf hut that the White
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    • Article
      China worried about HK financial state
      42 1 CHINA'S top official in charge of Hongkong affairs said yesterday that China was worried about the financial state of Hongkong after 1997 if the British colony went ahead with plans to build a multi-billion dollar airport.
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    • Article
      JTC seeking developer
      28 1 JURONG TOWN CORP is searching for a developer to build a large autopart complex at the junction of Bendemeer Road and Lavender Street Page 2
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    • Article
      Toshiba OHQ
      35 1 TOSHIBA Electronics Asia (S) has been awarded operational headquarters status. The regional headquarters for Toshiba electronic components in Asia and Oceania, it is thesixth Japanese company to be awarded OHQ status. Page 2
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    • Article
      Strategy of continuity
      26 1 THROUGHOUT the Budget debate in Parliament, one ean detect the message of continuity in economic strategy despite the turbulent world environment Page 13
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    • Article
      No boost
      23 1 ASIAN countries suffering from slowing growth may not get much of a boost from an economic turnaround in the US HageS
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    • Article
      Aussie unemployment
      29 1 PRIME MINISTER Bob Hawke said unemployment in Australia was likely to rise in coming months and the current account deficit was likely to be higher Page 8
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    • Article
      Sudden death
      33 1 QUICKLY shifting the Soviet Union to a market economy would throw millions of people out of work and cut industrial production by up to 37 per cent this year Page 9
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    • Article
      Smart move
      32 1 IN AN apparent bid to woo customer understanding, the Transpacific Westbound Rate Agreement has disclosed the way it works out its monthly fuel adjustment factor Shipping I imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      42 1 THE New York Stock Exchange opened lower yesterday with the Dow Jones Index of 30 leading industrials posting a decline of 2.23 points to 2,937.13 five minutes after the opening. On Monday, the index closed at 2.939.36, down 15.84 points.
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    • Article
      Footsie lower
      38 1 LONDON SHARES were slightly lower at midday yesterday. tracking Wall Street's performance a day earlier. At ahout 1215 GMT, the Financial Times-Stock Exchange 100-share index was down 1.2 point at 2.457.9. Volume was 265.5 million shares.
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    • Article
      Tang's venture
      34 1 C k TANG has signed a memorandum of understanding to huv one-third of the retail podium in Kuala Lumpur's latest development project and to set up a department store there. Page 3
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    • Article
      Lion sells hotel
      28 1 THE LION GROUP has sold its proposed five-star 30-storey hotel in Kuala Lumpur to JAL and Toyo Real Estate Co Ltd for MS33Om Page .3
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    • Article
      Dividend cut
      36 1 STANDARD C hartered pic has cut its dividend from 35p to 20p because of bad debts generated by recession. It has vowed, however, to return to higher dividend levels in the future Page 7
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    • Article, Illustration
      STOCK INDICES
      30 1 luesday Change BT-MGA 730.66 -6.36 Kuala Lumpur ....599.69 -6.16 Hongkong 3.658.07 -10% Tokyo 26.727.42 +58.05 Svilncv 1.428 2 +4.0 Monday hange New York 2.939.36 -15.84 London 2.459.1 +4.1
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SS 1.7485 100 Yen SSI.2828 MS SS0.6398 Money market rates Overnight 3-3/4% +3-1/4 3-month 4-9/16% +1/8
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    • Article
      COMMODITIES
      39 1 London Gold j am fix USS363.95 -USS5.30 Rubber i S'pore Apr -0.25 M'sia Apr 228.50«/kg 0.50 KL Tin Turnover 52 tonnes -3 Spot MS 14.88/kg -I Crude palm oil Turnover 474 lots +13 I Mar MS858 /tonne -6
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  • Article
    UIC posts poor results, proposes rights issue
    408 1  -  By Lee Han Shih DEBT-LADEN United Industrial Corp (UIC). in announcing a poor set of results yesterday, said it is proposing a l-for-4 rights issue of shares cum warrants to raise 5266 million. This is its second cash-call in less than a year
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  • Article
    Japanese investments written down by $89m
    243 1 A WRONG reading of the Japanese market has compelled asset trader United Industrial Corporation to write off $88.8 million of its investments in Japan. This comprises $77.2 million to provide for the diminution in value of quoted shares in two Japanese banks, and $11.6
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  • Article, Illustration
    Guard against replay of 1985 recession: Hu
    547 1  -  Yesterday in Parliament By Anna Teo AS THE economy settles into a more sustainable growth phase, the business community should not expect official stimuli to restore GDP growth to the 8 per cent-plus range, said Finance Minister Richard Hu yesterday. Four years of
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  • Article
    'Lesser OHQ scheme' available to companies
    233 1 A NEW category of incentives for operational headquarters is in place to cater to companies that do not yet qualify for the full award, Finance Minister Richard Hu disclosed yesterday. Companies with the potential to grow into a full-fledged OHO within five years are
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  • Article
    CAD continues to look into irregularities in standby LCs
    300 1  -  Hie Khamis Case By Amy Balan AFTER tour days of long sessions with the Commercial Affairs Department, Marina Village developer F.lyamani Khamis was yesterday allowed to leave early. The Moroccan businessman left the C AD oftice some time after spm yesterday.
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  • Article
    Gold Coin shareholders expected to get Acma windfall
    354 1  -  By William Chia ACMA LTD has been working feverishly to get its proposal regarding the takeover of feedmill group Gold Coin out so that the two counters can resume trading on the stock exchange. Acma is believed to have submitted its proposal
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      206 1 —IHI I EXECUTIVE I PLACEMENTS ft *****62 Aircraft Schedule 29 Money Oanger Rates 29 Weather Chatterbo» 19 Money Market 27 World News 9 Commodities 28 Regional Co News 4 Cryptic Crossword 29 Regional News 8 For market indices, editorial. Editorial 12 Regional Stock Markets 25 advertising and circulation e> financial
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    • Advertisement
      Page 1 Advertisements Column 2
      6 1 Singland posts much-improved earnings, Pg 3
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      Page 1 Advertisements Column 3
      192 1 ohermain M\l>( IM.IKMXM S( Ml IU KOI I KM t «Ni: >KM I I ISt II V Sin »ITl\<, I IK 111 MPs debate widening gap in wage levels; Give Finance houses tax deduction for provisions, Pg 2 Analysis, Pg 13 Enjoy a cushy life while on business. A business
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        How Mendaki can help in children's education
        85 2 MENDAKI can help to raise the educational performance of Malay-Muslim children in three ways. >aid education Minister Dr Tony Tan. Mendaki could get parents involved in their children's education, encourage parents to send their children for pre school education, and help children improve
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      • Article
        Conservation exhibition
        51 2 AN EXHIBITION featuring a master plan for the conservation of nature in Singapore started yesterday at the Substation. The 13-day exhibition will continue until March 24. It is organised by the Malayan Nature Society, which also pro posed the master plan. The exhibition is sponsored by the llongkongßank
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      • Article
        Tourism 'Oscars'
        82 2 MAH BOW TAN, the Minister for Trade and Industry and Minister of State for Communications, will present the awards for outstanding contribution to tourism on Friday. The presentation is to take place during a dinner ceremony at the Neptune Theatre Restaurant. Sixteen individuals and organisations will receive these
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      • Article
        NUS-PUB joint programme
        63 2 THE National University of Singapore (NUS) and Public Utilities Board (PUB) have jointly organised an applied research and development (R&D) programme to work on projects related to industrial technology. A memorandum ot understanding on R&D was signed on March 11 by Professor Huang Hsing Hua. deputy vice-chancellor
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      • Article
        Symposium on role of UN
        64 2 A THREE-DAY symposium on the changing role of the United Nations in conflict resolution and peace-keeping will be held in Singapore from today at the Regent Hotel. Foreign Affairs Minister Wong Kan Seng will open the event. Professor Tommy Koh, Ambassador-at-Large at the Foreign Affairs
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    • Article, Illustration
      MPs debate widening gap in wage levels
      416 2  -  Yesterday In Parliament By Harish Mehta PRO-LABOUR sentiment stirred the House yesterday, with several MPs voicing concern over the widening gulf between CEOs' salaries and workers' wages. Goh Chee Wee (Boon Lay) gave some disturbing statistics, pointing out that in 1989, out of
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    • Article
      Give finance houses tax deduction for provisions: Heng
      393 2 DENYING finance companies the tax deduction for general provisions will make them third-class financial institutions. said Heng Chiang Meng. MP for Cheng San CiRC. who is also a director of a finance company. Mr Heng said the deduction for general provisions which
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    • Article
      Plans to speed up conservation work in Kampong Glam
      370 2 TO SPF.ED up conservation efforts in Kampong Glam. the government will foot an initial $12 million for a pilot project and sell some stateowned buildings to the private sector to restore. A further S2 million will go into making Bussorah Street
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    • Article
      JTC invites tenders for autopart centre
      243 2 THE Jurong Toun Corporation (JTC) is looking for a developer to build a large centre for auto parts at the junction of Bendemeer Road and Lavender Street. This was disclosed in the latest issue of the Periscope. the in-house newsletter of the Jurong Town
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    • Article
      Finnish-Korean firm setting up Batam plant
      203 2 A FINNISH and a South Korean firm are setting up a 53.5 million plant to produce capacitors in Batam Industrial I'ark. Indonesia. Evox Singapore, owned by Finland-based I invest Capacitor Ciroup. and Seo i Ryong. a capacitor manufacturer, will own 70 per cent and
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    • Article
      Fostering closer ties with other countries
      134 2 MEMBERS of Parliament have formed themselves into four groups to foster closer ties between Singapore and other countries. The four groups are the Singapore-Asean Parliamentary Group chaired by Abdullah Tarmugi; Singapore-European Community (Dr Tan Cheng Bock); Singapore-Japan-Pa-cific Rim (Chandra Das); and Singapore-North America (Goh
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    • Article
      Prof Choo's Medinet suggestion
      140 2 NMP ASSOCIATE Professor Maurice Choo has suggested that the Ministry of Health's implementation of Medinet should attempt to incorporate clinical and scientific content into hospital databases. This would help in "outcomes management", which seeks to find out what works in medicine, why it works and how
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    • Article, Illustration
      Toshiba Electronics Asia awarded OHQ status
      257 2  -  By Carolyn Lim THE electronics subsidiary of Japanese giant Toshiba has been awarded operational headquarters (OHQ) status. Toshiba Electronics Asia (Singapore) will serve as the regional headquarters for Toshiba electronic components in Asia and Oceania. Its sales for the current fiscal year are expected
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    • Article
      Chew Tai Soo named our UN man
      135 2 CHEW TAI SOO has been appointed Singapore's next permanent representative to the I nited Nations in New ork, succeeding Professor Chan lleng Chee. Mr Chew, 51, joined the Foreign Affairs Ministry in 1*172 after obtaining a Bachelor of Science degree in the Fk
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      88 2 See Singapore cmdhave a gourmet lunch for $28.00+t Onh/on Saturdays. Reserve the best seat at Singapore's highest by the window and restaurant. Fashion take in the magni Show every frcent view. It's the Saturday from perfect complement 1.30 pm to i to a gourmet lunch v :;I 2.00 pm. PinnACLE
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      CK Tang plans to open M$130m store in KL
      441 3  -  Joint venture to buy space in Vincent Tan-linked project By Suzanne Soh L ISTED Singapore retailer CK Tang has agreed in principle to buy one-third of the retail podium space in a proposed development in Kuala Lumpur linked to Malaysian corporate
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    • Article
      Lock icon Lion sells KL hotel to JAL and Toyo
      337 3 Bernama THE well-diversified Lion Group has sold its proposed five-star 30-storey hotel in Jalan Ampang, Kuala Lumpur, to Japan Airlines Co Ltd and Toyo Real Estate Co Ltd for MS33O million. "This is one of the largest investments in the Malaysian tourist
      Bernama  -  337 words
    • Article
      Prima relies on interest income for profit
      304 3  -  By Elaine Koh CASH-RICH Prima Ltd incurred a $5-million loss on its traditional flour business, but managed to bring in a profit after tax and minorities of $26.20 million largely from its interest income. The results for the year ended Dec 31, 1990,
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    • Article
      Lock icon Quek Leng Chan's strategy pays off
      658 3 MARKET TALK Reuter I HREE YEARS ago. when most Malaysian companies were just recovering from the country's 1985 recession, a reclusive cigar-smoking tycoon began buying up companies to expand his business empire. [he strategy of Hong Leong (iroup chieftain Quek l.eng Chan is paying
      Reuter  -  658 words
    • Article
      Singland posts much-improved earnings
      535 3  -  16-month profits hit $44.6 m By Lee Han Shih RIDING on the firm property market. Singapore Land yesterday released a set of much-improved results which indicated that the listed property blue chip is finally shrugging oIT the troubles which dogged it for the better part of
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    • COMPANY BRIEFS
      • Article
        Malaysian government to sell MSE stake
        153 3 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday that the government would sell its entire share of Malaysia Shipyard and Engineering (MSE) to a consortium of maritime service firms. Malaysian International Shipping Corp (MISC), the publicly-listed national carrier, would hold the largest
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      • Article
        KLSE gets tough on buying-in
        147 3 THE KLSE has decided to apply its buying-in rule strictly to the letter in view of the recent surge in the volume of transactions. Buying-in is one of the ways to deter short-sell-ing. In a circular to stockbroking firms last week, the KLSE said the
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      • Article
        Technology Resources offer
        78 3 TECHNOLOGY Resources Industries Bhd is offering V 154.75 per share for the 79.12 million ordinary shares of MSI each in the enlarged capital of Malaysian Helicopter Serv ices Bhd it does not own. In a circular to shareholders. Technology Resources said the mandatory' general offer would he
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      • Article
        IGB's proposal approved
        34 3 MALAYSIA'S Foreign Investment Committee has approved IGB Corporation's proposal to build two hotels in Kuala Lumpur with Hongkong's New World group and to purchase two pieces of land for the projects.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      331 3 Which hotel will you stay in, daddv? A V ANA HOTEL SINGAPORE i v 1,11 N,, |u. I. II 111, K, ..I it,. 1,..! I I ,S 1.. *4 1.-t. v V Mi l<s ;s| 1,1 I r I and expenses at hand. s.n £«*M.lbyi to mcss\ li>js and lost
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Hopewell confident of tax exemptions
        64 4 HONGKONG construction firm Hopewell Holdings said yesterday it was confident of getting Thai tax exemptions on its US$3 billion (555.25 billion) road and rail mass transit project in Bangkok. Hopewell officials said a team of its senior executives would finalise the tax talk today with
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      • Article
        Oil, gas finds near Jakarta
        62 4 INDONESIA'S state oil and gas company Pertamina announced yesterday that it had found onshore oil and gas in South Sumatra. The Beringin-7 exploration well, 115 km south of the provincial capital Palembang, yielded 2.37 million cubic feet of gas per day as well as 48.24
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      • Article
        Profit for phone giant
        70 4 l' THE PHILIPPINE Long Distance Telephone Co (PLDT) riposted a net income of 3.19 billion pesos (*****.5 million) pTn 1990, a 55 per cent annual increase, spokesmen for the company said in Manila yesterday. PLDT, which has a linear monopoly of telephone services and dominates other
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      • Article
        Telecom NZ-Clear pact
        53 4 rfCLEAR Communications Ltd said it reached a connection agreement with Telecom Corp of New Zealand Ltd. The rj deal allows Clear access to Telecom's local network so that majority of New Zealanders can have access to its toll tVand international services. Clear chief executive George rflsjewton said
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      • Article
        New CRA smelter
        37 4 IpCRA Ltd expects its new Southern Copper Ltd copper in New South Wales to start production by f-the middle of next week. The start-up of the new smelter #£\vas about six months behind schedule.
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    • Article
      Tung Wing clears final hurdle in listing attempt
      298 4 TUNG WING, the steel trading subsidiary of Lee „Ming Tee's Allied TW ;Group, has cleared a final Stumbling block in its plans 3or a primary listing in Hongkong after settling a major 3egal dispute out ot court. The South China Morning Post
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    • Article
      Lock icon Hongkong economic growth hinges on US rebound
      303 4 Reuter v'HONGKONG's economy in <1991 may grow at less than nearly 10 per cent annual O rate of the past two decades rCbut will be bolstered by any •VUS rebound, Hutchison Ltd executive rvßichard Li said on Monday. ♦5 Mr Li, son of
      Reuter  -  303 words
    • Article
      Major restructuring at Tambang Timah
      366 4  -  From Maggie Ford in JAKARTA INDONESIA'S giant tin mining company PT Tambang Timah is to undergo a major restructuring of its operations following losses caused by the fall in tin prices. Half of the state-owned company's 24.000 workers are to be made redundant. The restructuring
      366 words
    • Article, Illustration
      Paladin to put HK$100m in Viet hotels
      404 4 HONGKONG'S Paladin Ltd is to invest more than HKSIOO million (5522.43 million) to build two topclass hotels in Vietnam, marking the reactivated company's first major overseas move, the South China Morning Post reported. Ms Lilian Oung. who was Paladin chairman until her brother
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    • Article
      Lock icon Kumagai to issue bond to Cheung Kong
      196 4 Reuter H()N(iK()NCi construction company Kumagai Ciumi (Hongkong) Ltd has proposed issuing a HK5170.50 million unsecured convertible bond to Cheung Kong (Holdings) Ltd. a local blue-chip property developer. Kumagai Ciunn said in a statement released yesterday that the proposed bond's conversion priee is based
      Reuter  -  196 words
    • Article
      Lock icon Nippon Electric to glass bulbs for TV in M'sia
      374 4 Bernama MALAYSIA will become a "complete manufacturer" of colour television sets with the decision of Nippon Electric Glass Co Ltd to invest MS6OO million (*****.9 million) to manufacture colour glass bulbs for cathode ray tubes in the country. NEG president Mr
      Bernama  -  374 words
    • Article
      Lock icon Bimantara may not continue with Shell deal
      140 4 Reuter THE BIMANTARA Group, partner in a US$l.7 billion (SS3 billion) Indonesian olefin project with Royal Dutch Petroleum Co, said it has not decided whether to continue with the deal and may opt for another locally-backed project. "We don't know whether we will
      Reuter  -  140 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      175 4 -g g ashhi si I WT% I H I IHIB I MiifiviiMri.'.n'.v.miM'Hfl^iii'ifM it HENDERSON INDUSTRIAL PARK NEW PHASE Terrace Factory with innovative facilities W Three-in-one concept warehouse, §g Individual covered loading and showroom and factory under one roof unloading hay tor all-weather ft Each tour-storey terrace factory unit with ofierations
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    • Advertisement
      Page 4 Advertisements Column 2
      130 4 4 I 4 I i i I i I I SINGAPORT'9 X A BT Special Survey on Singapore's shipping industry March 26,1991 For the third year running, Business Times will publish a special supplement to coincide with Singapore's premier shipping event SingaPort. This year, the supplement will give an insight
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      94 5 I VACHERON CONSTANTIN I The World's oldest Watch Manufacturer I Geneva since 1755 I I "\l"> it I Authorized Retailers SINGAPORE Cortma Watch Centre Pte Ltd *****84 *****85 *****2 8 !>Eastern Pte Lid *****36 The Hou' L Roy Eastern Watch Jewellery Pte Ltd 734 1 935 7343 139 Thong Hiap
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon China to impose tighter control on borrowing in Shenzhen
      483 6 Reuter CHINA is tightening credit for companies, including those operated by foreigners, in the Special Economic /one of Shenzhen, C hinese government officials said yesterday. They said all business entities would now have to show government-issued certificates of authority when they
      Reuter  -  483 words
    • Article
      Lock icon Fujitsu in deal with British Telecom unit
      305 6 AFP JAPANESE computer giant Fujitsu Ltd said on Monday that it planned to acquire 75 per cent of the transmission manufacturing facilities ot a subsidiary of British Telecom pic for an undisclosed sum. A company spokesman said that the deal, involving the formation
      AFP  -  305 words
    • Article
      Lock icon Square D seeks help to fight French hostile bid
      247 6 Reuter SQUARE D Co is holding talks on possible transactions that industry analysts say indicate the US electrical equipment manufacturer is trying to avert a hostile takeover by France's Groupc Schneider SA. Analysts said they believe Square D is seeking a
      Reuter  -  247 words
    • Article
      Lock icon Pirelli, Deutsche Bank set for battle over Continental
      260 6 Reuter CONTINENTAL AG's extraordinary shareholders meeting in Bonn today promises to be a spectacular event, with Italy's Pirelli SpA set for a showdown with Germany's biggest bank Deutsche Bank AG over the fate of the German tyre maker. Pirelli, claiming the support
      Reuter  -  260 words
    • COMPANY BRIEFS
      • Article
        MCA, Japanese to finance US movies
        94 6 MCA HAS joined forces with Japanese Broadcasting Corp i and several other Japanese concerns to finance 25 US-made movies over the next five years, it was announced on Monday. Taking part in the venture arc NHK Enterprises the profit arm of the Japanese Broadcasting
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      • Article
        ICI sells 7.48m MTM shares
        56 6 i CHEMICAL company MTM pic said Imperial Chemical Industries pic sold its 7.48 million shares in MTM for 201 p each on March 8. The ICI stake, held by ICI Chemicals and Polymers Pic. represents 8.45 per cent of MTM's current issued share capital and
        56 words
      • Article
        NCR prices down
        77 6 NCR CORP fell on concern that American Telephone and Telegraph Co will not lift its hid for NCR as high as expected and disappointment that it had not made a higher offer over the weekend, analysts said. "Some (investors) thought perhaps something might happen over the weekend
        77 words
      • Article
        Toyota venture starts work
        39 6 TOYOTA Industrial Equipment Manufacturing Inc. a joint venture of Toyota Motor Corp and Toyoda Automatic I oom Works Ltd 6201.05. said it broke ground in olumbus tor a I Ss4 million (SS7 million) distribution centre.
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      383 6 It's Cut Out To Double As A Desktop Computer r j And Is Twice As Attractive At $2,300. j l 1 J fc li'■' I I /iNr -t Ifr 1 CTPftPPfH r f. u i V% teVr rv»' r r'i' r f'* **UV V I >ESSi~ f f v I
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  • FINANCIAL NEWS
    • Article
      Lock icon Stanchart dividend cut first since '86
      613 7 Bad debts following recession in some of the Western economies contribute to slash Reuter STANDARD Chartered pic became the second UK-based bank recently to cut its dividend due to bad debts generated by recession and slashed the pay-out to 20p (550.65) per share from
      Reuter  -  613 words
    • Article
      Suharto's rupiah assurance lowers interest rates
      343 7  -  By Maggie Ford in JAKARTA INTEREST rates began to fall in Jakarta yesterday and stock prices rose as the financial markets reacted to an assurance by the Indonesian President Suharto that the rupiah would not be devalued. A state bank, Bank Bumi Daya, lowered
      343 words
    • Article
      Lock icon Lincoln ex-chief pleads guilty
      220 7 NYT THE FORMER president of the Lincoln Savings and Loan Association pleaded guilty on Monday to two federal securities fraud charges in connection with the criminal investigation of the defunct institution and its former owner, Charles H Keating Jr. The charges against Raymond C Fidel related
      NYT  -  220 words
    • SMALL CHANGE
      • Article
        Soviet bank holds talks on foreign participation
        101 7 A KEY Soviet banking official said his bank has held preliminary talks with a number of foreign banks on limited foreign participation. lakov Dubenetsky, chairman of Promstroybank, the second largest bank in the Soviet Union, said his bank will begin issuing ownership shares
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      • Article
        BOJ recalls 370b yen loans
        78 7 THE Bank of Japan (BOJ) recalled 370 billion yen (554.7 billion) in loans from banks. The move was aimed at preventing overnight rates from falling as the end of the current reserve period approaches on Friday, traders said. The money market is projected to have
        78 words
      • Article
        China insurance firm in HK?
        111 7 CHINA may set up an insurance firm in Hongkong to give Taiwan businessmen stronger "sense of security" over their investment in the mainland. Outlook's latest overseas edition on Monday quoted unnamed China scholars as suggesting that "an investment insurance firm could be set up in
        111 words
      • Article
        No cut in UK base rates
        75 7 THE Bank of England stressed in its early operations on Monday morning that it does not want to see a change in interest rates at present. The bank invited UK discount houses to use its borrowing facilities at 1430 GMT saying the interest rate
        75 words
    • Article
      Lock icon Strict rules on Italian bank accused of Iraq loans
      262 7 Reuter US REGULATORS on Monday imposed strict regulations on an Italian bank after two of its US officers were indicted for allegedly making improper loans to Iraq from 1985 to 1988. The Federal Reserve Board central bank, which has regulatory authority
      Reuter  -  262 words
    • Article, Illustration
      Thai central bank warned against excess liquidity
      497 7 THAI DEPUTY Financc Minister Dr Virabongsa Ramangkura has warned the Bank of Thailand to go about its short-term monetary policy with ''extreme caution" because as much as 50 billion baht (553.4 billion) in additional money supply is about to be pumped into the
      497 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      35 7 0 I > y« IVj^w VOmni <5 Marco Polo Hotel SINGAPORE Informal yet elegant with classic Continental cuisine for lunch and dinner. FOR RESERVATIONS CALL 474 7141. EXT. 19 2 0/1921 R I OMNI HOTELS ASIA-PACIFIC
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  • Page 7 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Seoul loan for Philippines telecoms
        63 8 SOUTH KOREA will extend 3.79 billion won (559.14 million) in a concessionary loan to the Philippines to help expand a local telecommunications network, Korean officials said on Tuesday. The government Economic Development Cooperation Fund will put up the loan with an annual interest rate ol
        63 words
      • Article
        Low use of Bahasa Indonesia
        98 8 AN Indonesian official survey has revealed that the use of Bahasa Indonesia for daily communication is still low and that a high number of Indonesians cannot speak the lan- j guage. A lecturer, Bambang Kaswanti Furwo, told a seminar on Monday that according to the
        98 words
      • Article
        EC stand on agricultural accord
        87 8 NEW ZEALAND and its trading partners should be less eonfrontational if they want an agricultural agreement in world trade talks. European Commission official Graham Avery said on Tuesday. Mr Avery said demands from the US and the Cairns lobby group, of which New Zealand is
        87 words
      • Article
        Fijian gold miners strike
        69 8 STRIKING gold miners are creating instability in Fiji by calling for deportation of two top executives of the Austra-lia-run Emperor Gold Mining Co, officals at the mine warned on Tuesday. The Fiji Mineworkers Union (FMU) has called on the government to deport the resident manager Andrew
        69 words
      • Article
        Call to freeze PNG aid
        86 8 AUSTRALIA should freeze all aid to Papua New Guinea until Canberra is satisfied that the government has law and order under control, a prominent expatriate businessman in Port Moresby, urged on Tuesday. Dick Hargon, chairman of the Coffee Industry Association, wants all Australians in Papua
        86 words
    • Article
      Lock icon Phnom Penh looks abroad as Moscow cuts aid for 1991
      381 8 AFP THE CASH-STRAPPED Cambodian government is looking to overseas and private firms to help lift the burden on the state budget following a massive cut in Soviet aid for 1991. Aid from the ailing superpower to the war-torn country has
      AFP  -  381 words
    • Article, Illustration
      Lock icon Asian tigers will lose export advantages in Aussie trade
      301 8 Reuter THE PACE-SETTING economies of Singapore, Hongkong. Taiwan and South Korea will lose their export advantages in their trade with Australia under a sweeping industry reform package announced on Monday by Australian Prime Minister Bob Hawke. From July 1, 1992, the
      Reuter  -  301 words
    • Article
      Lock icon Thailand signals harder line against Cambodia
      269 8 Reuter THAILAND'S new foreign minister has signalled a harder line against the Vietnambacked government of neighbouring Cambodia by shelving plans to open a Thai trade office in Phnom Penh. Foreign Minister Arsa Sarasin on Monday reacted coolly to Cambodian Prime Minister Hun Sen's request
      Reuter  -  269 words
    • Article, Illustration
      Flight of familiarisation
      52 8 I*llll lI'IMNK President C'ora/on Aquino taking a look at replicas of I S air fighters used in the Gulf War as her defence secretary Fidel Ramos (centre) and Air Force chief Major-General Gerardo I'rotaciio take her on a tour of the 20-nation International Air i Kxhihit in
      52 words
    • Article
      Lock icon Asia will gain little from US recovery
      642 8 Impact of America on the region getting smaller Reuter ASIAN countries suffering from slowing growth may not get much of a boost from an economic turnaround in the US the unintended result of efforts to distance themselves from their one-time benefactor. Efforts to
      Reuter  -  642 words
    • Article
      Lock icon NZ doubles its budget deficit forecast
      373 8 Reuter FINANCE Minister Ruth Richardson doubled her forecast on Tuesday for the government's budget deficit, a fresh blow to an already battered New Zealand economy. But she ruled out a quick fix for the problem by raising taxes, despite earlier signs that Prime Minister
      Reuter  -  373 words
    • Article
      Lock icon Hawke expects an increase in unemployment
      537 8 Reuter AUSTRALIAN Prime Minister Bob Hawke said unemployment was likely to increase in coming months and the current account deficit was likely to be higher. Mr Hawke's predictions were contained in a government industry statement, encompassing sweeping plans to dismantle industry protection and provide
      Reuter  -  537 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      17 8 Unusual Seafood Catch them it you can. f IMe r u d'^e r s at both restau'ants)
      17 words
    • Advertisement
      Page 8 Advertisements Column 2
      151 8 fT 1 Office units with areas ranging I lIP from 1 400 nto 29 1 IIV at attractive rentals. 4 "1 "1 "1 The Adelphi is right in the heart of the y-J U* j crty, within walking distance of the A| If *I II I I financial district, major
      151 words
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  • THE WORLD
    • Article
      Lock icon Gosplan warns against quick shift to free market
      536 9 AP QUICKL\ SHIFTING the Soviet Union to a market economy would throw millions of people out of work and cut industrial production by up to 37 per cent this year, according to a government study released Monday. The report, prepared last year
      AP  -  536 words
    • Article
      Lock icon Pudong to invite more foreign investors
      144 9 AFP CHINA will further open its mammoth Pudong development plan in Shanghai to foreign investors by inviting overseas capital to develop financial, property and retail businesses there. So far, 55 foreign enterprises have signed up for various commitments in Pudong, a 2(H) sq km
      AFP  -  144 words
    • Article, Illustration
      Lock icon Major breaks away from Thatcher's EC policy
      381 9 Reuter BRITISH Prime Minister John Major, anxious to end his country's isolation in the European Community, has forged a new alliance with Germany and signalled a clear break with the European policies of his predecessor Margaret Thatcher. At an Anglo-German summit on Monday.
      Reuter  -  381 words
    • Article
      Kuwaiti chamber to stay in Dubai for next six months
      420 9  -  The Gulf after the War From Fred Joseph in DUBAI THE KUWAIT Chamber of Commerce and Industry will continue to operate from Dubai for at least another six months, according to deputy secretary-general Aquccl Al Jasim. The chamber has been
      420 words
    • WORLD WATCH
      • Article
        Nod for referendum on Soviet constitution
        96 9 THE SOVIET PARLIAMENT (Supreme Soviet) gave the final go-ahead on Monday for the holding of a referendum on the future constitution of the Soviet Union. IX'puties voted by 300 to one. with 13 abstentions, to send "observers" to regions where problems could arise in
        96 words
      • Article
        No more 'wildcat exoduses'
        64 9 ITALIAN VICE-PREMIER laudio Martelli on Monday won a promise from Albanian Prime Minister Eatos Nano that there would be no more "wildcat exoduses" from Albama to Italy. Mr Nano had guaranteed there would not be acts of reprisals against refugees who returned. 1 housands ot refugees
        64 words
      • Article
        Russian troops to leave Poland
        87 9 THF EIRS'I of Soviet troops stationed in Poland will begin leaving in April and May. followed by the transit ot some Soviet troops through Polish territory from eastern Germany. Soviet and Polish negotiators said on Monday. I he announcement, following a meeting between Soviet Chief
        87 words
      • Article
        Syria getting US$100m loan
        80 9 JAPAN Will GRANT SYRIA a US$lOO million (about Ssl7o million) preferential loan to help tide it over economic and social dislocation caused by the < Milt crisis. Syria thus becomes the fourth Middle Eastern nation to receive soft loans from Japan, following Egypt. Jordan and I
        80 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      307 9 SEEK AND YOU MAY NOT FIND! A RETRIEVE IT IN SECONDS. WITH THE CANOFILE. Large volume filing can at the rate of 40 pages per minute. Including scan your files without getting lost in them. take a lot out of you A irregular shapes like memos and cheques. For a
      307 words
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  • SPORTS
    • SIDE LINES
      • Article
        Girardelli pursues another title
        81 10 MARC CiIRARDLI I I, poised to finish the season with a fourth World Cup. is eager tor one more honour. "I want to reaeh m\ last goal which i-. to win the slalom World Cup." said the 27-year-old Luxembourg in \spen, ('olorado. yesterday, "it I ean
        81 words
      • Article
        Dauwe moves into lead
        57 10 JOHNNY IMIJWL of Belgium became overall leader in the 11th Tour ol Mureia eyeling raee alter he won the first leg on Mondav. 1 he 24-year-old lidereovered the 19()-km leg trom Mureia in five hours, nine minutes and >4 seconds and beat all other riders in
        57 words
      • Article
        Wrestler gets Sullivan Award
        75 10 JOHN SMI I 11. the fust \meriean to win lour consecutive world wrestling titles, has received the I S Amateur Athletic Union's James E Sullivan Award. The award was presented on Monday night to the nation's outstanding amateur athlete lor 1990. Smith, 2?. of Stillwater. Oklahoma,
        75 words
      • Article
        Undesirable imports
        74 10 I INLAND is battling to keep out an unwelcome wave of imports from the Soviet Union smuggled anabolic steroids. Customs officials report rapidly growing seizures of" the tablets. banned by sports authorities but used by some athletes to enhance performance. Most of the drugs are from Soviet Estonia.
        74 words
      • Article
        FA Cup semi-final at Wembley
        67 10 THE FA Cup semi-final between London rivals Tottenham and Arsenal will be played at Wembley, the first time England's national stadium has staged a semi-final. Wembley traditionally hosts the final but anticipated ticket demand makes the stadium, with its 80,000 all-seater capacity, the only arena
        67 words
      • Article
        Rominger holds on to lead
        74 10 TONY ROMIN(iER of Switzerland retained the overall lead after Monday's second stage of the Paris-Nice cycling race, while Toshiba won the team time trial Frenchman Christian C'haubct moved from third to second place in the overall standings, while countryman Pascal l ance took third place.
        74 words
      • Article
        British tipped to win
        73 10 THE British are the favourites to capture the 1991 World Enterprise Yachting Championship, but Asian teams could give them a run for their money. The six-day annual yachting championship started yesterday in Bombay. Britain, which has won the championship 31 times since it first started in
        73 words
      • Article
        Knicks outshoot Nets
        117 10 PATRICK EWING made just six tit 18 shots, hut scored 12 of his 20 points in the final 8:52 to rally the New York Knicks to a 90-85 victory over the New Jersey Nets on Monday night. The Nets, who lost their 11th consecutive road game and
        117 words
    • Article, Illustration
      Lock icon Players complain about course
      412 10 AP SOMf of the best shots at the Honda lassie were made after the tournament. I hat's when the players fired insults at the condition of the I agle I race course. "Carnival golf." is what Cireg Norman called it "Unplayable." said Nick Price. The main
      AP  -  412 words
    • Article, Illustration
      Lock icon Sabatini on how Graf can regain top spot
      446 10 AP GABRIEL.A SABATINI says Steffi Graf needs to change her game to regain the No 1 ranking she lost on Monday. Sabatini should know; counting Sunday's 6-4, 7-6 (8-6) victory in the finals of the Virginia Slims of Florida, she has beaten
      AP  -  446 words
    • Article
      Lock icon Sabatini's in fourth place but could climb soon
      256 10 UPI WHEN the women's tennis computer rankings came out on Monday. Ciabriela Sabatini was stuck in fourth place. She expected it and says she does not mind. But deep down, she must hope she starts climbing soon. A lot of other people
      UPI  -  256 words
    • Article
      Lock icon By the light of the shimmering course
      308 10 AP TAKING a shot in the dark took on a new meaning yesterday when what was claimed to be the world's first night golf course opened west of Sydney. Teeing off in the middle of the night will soon be popular around the
      AP  -  308 words
    • Article
      Good response to international golf exhibition
      334 10  -  By Cassandra How THE end of the Gulf War has made its impact on golf as well. Golf Asia '91 has attracted close to 2(H) exhibitors. an increase of 20 per cent, after the end of the War. To be held from April 11-14.
      334 words
    • Article, Illustration
      Lock icon Johnson running scared?
      347 10 AFP SHAMED C anadian sprint star Ben Johnson was accused of running scared by double world indoor silver medallist Lint'ord Christie on Monday. "Ben's normal now scared, whereas he used to be confident." said the 30-year-old Briton, who comfortably beat the former drug-taker over 60 metres at
      AFP  -  347 words
    • Article
      Lock icon Schneider wins World Cup slalom
      277 10 AP SWI I /I RI WIVs Vrem Schneider survived a race of attrition, and a dangerous stumhlc on her second run. to win a women's World Cup slalom race on Mondav. Schneider. 2i\ had gone almost a year without a slalom victory, lint she put
      AP  -  277 words
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      Page 11 Advertisements Column 1
      273 11 Opportunities Ate Everywhere... f "Continental European shares or those in S.E. Asia?" J ust how casv lt to set U P a u 'i ss account? |fl V~'l I "Should I have my private holding company "Maybe we should look more closely in the Virgin Islands or Nassau?" at acquiring
      273 words
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  • Article
    Every drop, every measure counts
    527 12 EDITORIAL THF DRY SPELL is here again, and the warning is out that Singaporeans should save water. The warning could fall on deaf ears because it comes only once in a while, when a water shortage looks likely. But rain or no rain, water is
    527 words
  • WHAT THE OTHERS SAY
    • Article
      Two kinds of democracy
      215 12 I HI nature of political change in the Soviet Union and Eastern Europe lends some urgency to the question of what democracy is really all about. What is happening there is a precise and revealing kind of chaos. The question is what kind of political system
      215 words
    • Article
      Get on with it
      137 12 V! \l \Y organisations now need not worry so much about raising funds to plan and execute their projects aimed at uplifting the progress of the community. PM (ioh hok Tong's reiteration of the Government's initial assistance of SID million tor a period of five years
      137 words
    • Article
      Rewarding reservists
      144 12 IN principle, no one will object to Singapore taking practical steps to reward anil encourage those who make contributions to the nation. But is it |X>ssible to decide how much tax incentive a person should get based on his rank and responsibility in the army? To do so
      144 words
  • REGIONAL VIEWPOINTS
    • Article
      Arafat has to be removed
      181 12 il -ho IM.O is to win some benefit from the new order in the Middle f ast following the defeat of ii iq. Arafat is an obstacle and the liability who must be removed. However much he now tries to play down the significance of
      181 words
    • Article
      Better water management
      197 12 i )R Malaysia, as a land with plentiful water, to siilfei water shortages means only one thing: pooi \.t!ei management. Malacca's watci shortage crisis v.ts highlighted by the emptying of the Durian I unggal Dam within a 10-day period. In kedah. the << nt-v's rice bowl in
      197 words
    • Article
      A better political system
      121 12 MILITARY in the National Peace-Keeping Council (Nl'k( are known to advocate a few political ideas, like separating the legislative branch from the executive: instituting a single-member election district system (the so-called one-man. one-vote system); permitting bureaucrats and military otliccrs to hold appointed political jxists; and an
      121 words
  • Article, Illustration
    Lock icon The art of using patience and skill
    914 12  -  David Schlesinger reports on a lonely pioneer in Beijing a venture capital company run by two US-trained Chinese businessmen David Schlesinger Reuter I I sounds like an all-too-fanuliar vuppie story a Harvard Business school graduate and his friend, who studied at Stanford University,
    Reuter  -  914 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      113 12 FOR SUCCESSFUL MANAGEMENT OF YOUR I I £l I Stones on labour and its relationship with ■K II I Bi management, management concepts in practice, Mm profiles of leading managers in Singapore and relevant book reviews. A I A ENTERPRISE MANAGEMENT, in Business \y fx/"* I) Times every Monday, is
      113 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      A focus on the longer term objectives
      1340 13  -  Yesterday, the Budget debate was wound up in Parliament. The three artieles here look at different aspeets of the Budget the main themes addressed, Singapore's corporate tax system and deductions for provisions made by banks John Eng, Eddie and Ng Boey Kui on
      1,340 words
    • Article, Illustration
      Low rates plus goodies
      919 13  -  How do our corporate tax rates compare with those in other Asia-Pacific countries? Jenny Lim and B J Ooi have some answers Jenny Lim, B J Ooi Jcnnv lim i\ tax [kirtncr am/ lij(h*i senior ta\ manager ot an international accounting firm CORPORATE tax rates arc
      919 words
    • Article
      What is/is not deductible
      1002 13  -  Jenny Lint and Nicholas Miao examine 'give-aways' for banks Jennv Lim,Nicholas Miao Jenny I im is tax partner and Xu h< ilas \ttao ta. v prim ipal <)J in international aeeounti\g" firm AFTER the euphoria of the tax incentives announced by the Minister for Finance on
      1,002 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      88 16 AN INCISIVE PRESENCE. w t V m r > "V r V'-~; y 'r* t» LINKED TO THE MKT •COLUMN-FREE FLOORS •INTERNAL STAIRCASE UNITS •C O M PUTERISED SYSTEM •HIGH SPEED LI FTS SERVING DIFFERENT ZONES COMMUNICATIONS CABLING OCEAN TOW SOLE MARKETING AGENT rr 3 y c. nc~m i I.'
      88 words
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      Page 17 Advertisements Column 1
      177 17 A BOLD DEVELOPMENT if A 4 Jgjjj j k* 1/ !IJ M •p* Iggp^pa j 11 tj' j|j j j Ijjj CONFLUENCE OF LOOKING THE b PORT IN sc^as^ TOWER OF GLASS-WALLED lIIIII_. i I 5 B •STATE-OF-THE-ART PASHi' •"►2H.E53" I ELEGANCE AND EFFICIENCY isiassassi ***** X"" ■BAH tVjjSBl SENGER
      177 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      221 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 5.00 FM. HAPPY HOURS' DJ MUSIC: 5.00 PM TO 8.30 PM. BAND PERFORMS FROM 9.00 PM TO 2.00 AM. 1% I
      221 words
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      Page 18 Advertisements Column 2
      326 18 FEAST YOUR EYES *************** l ON THE PLUM'S TF.WF.T ,S *****1111 l 111 *****1 l OF THAILAND From Ist March 17th March five of the finest exponents of Thai Cuisine will masterfully prepare a plethora of appetising dishes. The buffet will be available for both lunch (12 ni»on 2.30 pm)
      326 words
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      Page 18 Advertisements Column 3
      265 18 Are you lonesome, tonight^ Well, if vouVe at Club 5. it's unlikely you'd have the chance to feci that way. Don't be surprised if you find yourself sjiending all your nights at Club 5. Plaza Hotel And why not*? in— <'"w>i wmm SSUNSET t'.xporirm <• ihr lalrsl in Steamboat Dinint;
      265 words
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      Page 18 Advertisements Column 4
      302 18 For the next three weeks, British Buffet Lunch ranE WJg£ we'll treat you like royal Meek 1-21 BSBSC ty at our British Buffet. Noon 2.30 pm vtith over 60 traditional 1 favountes. you'll be hack Adult S36+ for seconds, thirds... Child below 10 SiB+ serif the world to vou at
      302 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      690 18 TELEVISION AND RADIO >: mm*#T onrl Vldtc* SBCI2 StSTw^'r 21 I BUSWESS ON RADtO LOVt ill ILL llalC 7.00 AM CNN International «l i \°oTs S&SWT?.™-. ,03# E BBC. 89.9 mHz in VHF Band H 8.30 Close. c, (Stereo: Vv Our Cho,col hLw "Oam, «5"». l-30pm. 5.30pm, fu 6.30 PM
      690 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The cream of the crop
      691 19  -  Bob Thomas takes a look at the five big-budget, big-star movies vying for the Oscar for best picture on March 25 Bob Thomas AP TWli FIVE bigbudget. big-star movies contending Ibr the Academy Award prize of best picture of I WO offer a wide range
      AP  -  691 words
    • Article
      Lock icon The office route to an early grave
      649 19 Reuter DON'T the salaried workers of 'prosperous Japan' today actually live more miserably than the slaves of old?" The line comes from a poem by Toshitsugu Yagi. who died in 1987 at the age of 43 after several years of an infernal work
      Reuter  -  649 words
    • Article, Illustration
      Janet Jackson signs richest recording deal
      453 19 CHATTERBOX JANET JACKSON has signed what is believed to be the most lucrative contract in the history of recording. The 24-year-old singer, songwriter and actress signed an exclusive contract with Virgin Records. it was announced on Monday. Although the financial terms were not disclosed,
      453 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      293 19 AND ENTERTAIN AYen For Fresh Japanese Food. ISS LUNCH-12 \OON IS T0 2ISPM 1 HflS DINNHR b MPM I( > iSS '*KK ks SI 1 FOIPtSKRVICI 9M|| < HAR(>K AND Unkai flies in fresh ingredients daily from Japan. To give you nothing less than the freshest of sushi, sashimi, teppanyaki
      293 words
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      Page 19 Advertisements Column 2
      235 19 f.- ''-ft r The freshest, liveliest seafood place in town. "You'll have to go a long way to find seafood jJI I any fresher. Lunch: 12 noon 2.30 pm. *9" Except Sunday. Dinner: 6.30pm 11.00pm. THF »F.AFOOI> MAt F LF Vt L I TMF PAN P\» I F ll lIKTFL
      235 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market sees correction for third straight day
      4461 20  -  By Genevieve Cua PROFIT-TAKING on index-linked stocks knocked some more points otT the key Straits Times Industrials Index yesterday, the third consecutive trading day in which the market backtracked in a long-overdue correction. Share prices ended weaker as both retail and institutional investors
      4,461 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4313 21 RISES Main Board Spore Rush NX) 7X1 l> t- 2 1".. l iger Halm 20* IH1 t 14 f x »rs. S;>ore Bus 500 (.15 V 10 t i '"■<> l ily LXvMH 356 8 2 3% K<+>inson 420 6 t 1 4% S!MI 8*0
    4,313 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      89 22 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) G Securities Ma- II Dec 90 J! 691(51 10?) 31(20) 10(/5) Auimo feb 27 Sep 90 Si006HJ11 029) -(U /> l?5IE.25Tf H Leong Credit Ian 16 )un 90 M$?4.462( $18.0/4) *****6
      89 words
    • Article
      PRELIMINARY RESULTS
      325 22 Company Date Year Group pre-tax Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) ABNAmro Mar 11 Dec 90 1 881b(1.939b) 50(60) 58(58) Heppei Corpn War 11 IK 90 $225 008v$155.?37) 306(246) 8(7) DBS Mar 9 Dei 90 $404.*****59 716) 604(528a) 16(14ba) focal Fwance Mar
      325 words
    • Article
      INTERIM RESULTS
      274 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Rothmans Ind Mar 6 Oec 90 J3? SO/< $*****; H Leong Credit Marl Dec 90 M$19.470(J13,3tt) 3< 18a< Coos Plant Mar? Dec 90 MS40 600(556.600) 8(9.?) DMIB Bhd Mar 2 Dec 90 MS*****($I9 000 6(6) Sea
      274 words
    • Article
      DIVIDENDS ANNOUNCED
      504 22 Current Ex Books Date Total lor Total tor payment date close payable the year last year Use an find USJO 10(b) Mar 18 Mar 28 Apr 8 US$010 Avnw 5%TE Feb 25 Mar 7 May 15 12 SITE 25%TE BAT 1048% Apr 15 Apr 26 May 10 152*%
      504 words
    • Article
      CORPORATE DEVELOPMENTS
      788 22 ftasman Oei Hong leong gave up h.s option to become the ma,or shareholder ot Cycle Carriage Ltds New Zealand subsidiary Sri lemasek ltd ha c r t,P assets of two more Ma/da retail outlets m Auckland. IV* Zealand tor NZ$l 84m (SSI 89m) i Industrial Qiygen Inc is
      788 words
    • Article
      BONDS, LOANS & WARRANTS
      900 22 BONDS, LOANS WARRANTS Company Cowversiow pfi«d Comrcrsi— trw ter —t mUmmy tkart CiC Wt Before 26 4 93 1 warrant plus S3 09 cash Causeway Loan Caeewn Wt 2 10, 89 to 20/10 94 1 warrant plus $0 77 ash of 1 warrant plus SO 77 nominal amount of loan
      900 words
    • Article
      RESULTS DUE
      702 22 Main Board La*t Full Year Comparry Pfnod Date Ye* Net EPS Grow Net ynxixed endrf (cents) 4* profit last rear (1000) CMB Packafmf Wetim No» 13 Dec 90 29 7 132 11.616(e) BMT interim )an 10 tun 91 254 2 150 0 773 Apotc final Feb 16 Dec
      702 words
    • Article
      RECORD HIGHS & LOWS
      205 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 hifh: *****7 (7 3 91) J"*" j™Jj> 1991 low *****2 (16/1/91) J».0B }«/»'«> Ntb *****3 (16/7 90) g J* JO™ m 10 2 1990 low: ***** (09 11 90) °™50 1989 N{h *****0 (28 12 89) JJJJ .MP' 1989 low
      205 words
    • Article
      PROPOSED ISSUES
      296 22 Company Rights Issue Ale am Onefor two M$i 00 pet Issue of 40m Cumutetwe Redeemable Preference Shires ot M$0 10 »>ach at VS: per st *e wit* 10m dotAhaWe >SR Boltai 0** ou "ft* 7 I*' George Kent Of* Hj* two w W. *>0 pr f s^> H
      296 words
    • Article
      COMPANY MEETINGS
      96 22 Avmo Sogapore 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. Rattles Place. Singapore 0104 on Wednesday. Mar 20. at
      96 words
    • Article
      APPROVED ISSUES
      222 22 Company Rights Issue H leonj Credt Two-tor fcw M$2 00 per share Luxate Feb 21 Books close Mar 1 Acceptance Payment Ap- 19 KL Industnes One Kuala Ijmpur industries Hldgs Bhd sture of VJi each for seven KLI shares of 50 sen each Rights issue of one for
      222 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      93 22 NEWS TRAVELS \[.L ADVERTISING \IESSA(iI S .ire effective. To varying degrees. In Singapore, when you want to reach out to .1 select target audience in the tran>port industry. onl\ one daily otlers you the advantage of maximum rcach at minimum costs. And that's Shipping 1 mies. Everyday Shipping Times brings
      93 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares lose ground on profit-taking
      4211 23 Bernama SHARE PRICES in Kuala Lumpur closed easier yesterday on profit-taking in fairly active trading. The KLSF. Composite Index fell 6.16 points to 599.69 while the Industrial Index lost 13.53 points to 1,160.71. Losses led gains 149 to 80 with 45 counters unchanged. The ready
      Bernama  -  4,211 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      846 23 PRIMA LIMITED (FLOUR MILLS) (Incorporated in the Republic of Singapore) The Directors of Prima Limited are pleased to make the following announcement AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1990 The Company The Group Increase' Decrease 31.12.90 31.12.89 31.12.90 31.12.89 Company Group SSOOO SSOOO 1 (a) Turnover 71,800 91.544
      846 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Yen and bonds prop up shares in thin trading
      2240 24 Reuter TOKYO stocks closed firmer, encouraged by the yen's gains against the dollar yesterday. Higher bond prices also helped prices up in what traders said was a market wary of dollar/yen direction and last-minute corporate financial manoeuvres before year-end book closings
      Reuter  -  2,240 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Dow fall gives HK market excuse for a pause
      2246 24 Reuter HONGKONG stocks closcd softer yesterday as investors held back and the market consolidated its recent hefty gains, brokers said. "We're seeing this as a bit of a rest day," James Osborn, assistant director at Baring Securities, said. "Some of the
      Reuter  -  2,246 words
  • Page 24 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie shares firmer, Manila up sharply
      • Article
        AUSTRALIA
        945 25 THE Australian share market ended firmer, but off the day's highs, with little reaction to Prime Minister Bob Hawke's industry statement Mr Hawke's statement, much of which had been leaked beforehand, outlined plans to remove industry protection and provide tax incentives. The All Ordinaries reached a high of 1,434.7
        945 words
      • Article
        BANGKOK
        846 25 THAI stocks closed only slightly higher yesterday as profit-takers capitalised on a sharp jump in the previous day's trading. brokers said. The SET index closed 5.78 points higher at 854.33, compared to Monday's 21.01 point leap. Turnover amounted to 7.2 billion baht. Bangkok Bank gained eight baht to end
        846 words
      • Article
        SEOUL
        780 25 SEOUL stocks retreated from early highs in moderate trade as buying in manufacturing was cancelled out by brisk selling in financial stocks, brokers said. The composite stock index closed up 2.45 points at 683.83, down from the day's high of 688. Volume totalled 309.6 billion won. Rises led falls
        780 words
      • Article
        Untitled
        86 25 (lose Pre»io« March 12 SYDNEY All Ordinaries Index 1.428 2 1,424.2 +4.0 All Industrials Index 2,201.7 2, +6.7 All Resources Index 835.5 833 6 +1.9 Turnover (million) 81.78 66.7 +15.08 BANGKOK SET Index 854.33 848.55 +5.78 Turnover (million baht) 7,200 5,900 +1,300 JAKARTA Composite Index 397.09 398.41 -1.32 MANILA Composite
        86 words
      • Article
        MANILA
        510 25 AGGRESSIVE buying pushed Philippine shares up to a strong finish yesterday to break the 1,000-point index level in reaction to improved central bank reserves, brokers said. The Manila Stock Exchange composite index closed at 1,020.61 points with a gain of 30.37 points or three per cent over Monday's 990.24.
        510 words
      • Article
        TAIPEI
        446 25 SHARE prices in Taiwan finished higher yesterday after a day of unstable trade as investors sought a clear market direction to follow, dealers said. The weighted index finished 37.39 points higher at 4,875.79 compared with Monday's 4,838.40 close. Turnover was NT549.36 billion against NTSS3 billion. Brokers said strong resistance
        446 words
      • Article
        Untitled
        371 25 In local current-} In S$ In I S$ S da> S year day year day yew MAR II Index change change change change change change World 409 4 0.1 14.3 -0.7 12.7 -0.9 12.1 JEAFF. 539.2 -0.1 14.7 -1.2 12.1 -1.4 11.5 Europe 423.9 -04 16.3 -1 6 11.7 -1.7
        371 words
      • Article
        NEW ZEALAND
        282 25 NEW ZEALAND shares ended only slightly lower despite news of a worsening fiscal position and a large government bond tender programme to fund it. The Barclays index estimate ended 11.18 points lower at 1,348.61 after the government raised its deficit forecast for the June 30, 199 i year
        282 words
      • Article
        JAKARTA
        607 25 JAKARTA stock trading was fairly active but prices closed lower yesterday, the official index casing 1.32 points to 397.09, brokers said. Total turnover rose to 4.87 million shares from 4.09 million on Monday. "Many local investors are coming down again on to the market after a leading state bank
        607 words
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  • WORLD STOCK MARKETS
    • Technology stocks worst hit in Dow fall
      • Article, Illustration
        NEW YORK
        1037 26 US STOCK investors, uncertain about the outlook for the domestic economy and for interest rates, continued to lighten positions. Blue chips lost ground for the third day as volume dwindled. Technology stocks bore the brunt of the decline. "That has been the strong leadership in this market, and
        1,037 words
      • Article, Illustration
        LONDON
        792 26 THE FTSE 100 index yesterday opened 11.6 points down at 2,447.5 with virtually all of the FI'SE stocks showing modest declines. The weaker tone of the market followed Monday's decline on Wall Street when the Dow Jones closed around 16 points down at 2,939. A batch of poor corporate
        792 words
      • Article
        BRUSSELS
        206 26 BELGIAN share prices closed slightly lower in thin trading after profit-taking. The Belgian forward index closed at 5,803.48, down from 5,824.23 on Friday, while the cash market registered 5,849.04, up from 5,822.67. Dealers said retailers Delhaize rose 1.75 per cent to 6,980 francs. Interest in Delhaize was linked to
        206 words
      • Article
        Untitled
        93 26 March 11 (1<«* Pretimn NEW YORK Dow Jones 2.939 36 2,955.20 -1584 NYSF. Financial 145 64 146 07 -0 43 S P 500 372 374 95 -1.99 Turnover (million) 161.6 206.9 -45.3 LONDON Financial Times 30 1,956.2 1,958.7 -2.5 FTSE 100 2,459 1 2.455 0 f 4 1 Turnover (million)
        93 words
      • Article
        AMSTERDAM
        300 26 DUTCH shares, having started higher with a firm London bourse and a higher dollar, shed gains to close lower in quiet trade on Monday, in line with a lower close in Frankfurt, dealers said. The CBS general tendency index closed 0.7 down at 92.3, following a 2.3 per cent
        300 words
      • Article
        FRANKFURT
        259 26 GERMAN shares tumbled 2.3 per cent from Friday's strong closing levels in what most dealers said was a technical correction after last week's 5.6 per cent rise. Some traders said worries about instability in eastern Europe after weekend demonstrations in the Soviet Union and in Yugoslavia had prompted some
        259 words
      • Article
        JOHANNESBURG
        418 26 JOHANNESBURG stock market responded very favourably on Monday to Friday's Reserve Bank moves to boost business confidence, dealers said. Industrials led a strong advance as continued interest in top quality shares drove the index to new highs, they said, adding that a weaker financial rand gave prices an added
        418 words
      • Article
        ZURICH
        365 26 SWISS shares fell about one per cent but closed above the day's low after Wall Street's steady opening provided some support to a market weakened by firmer interest rates and intervention against the dollar, dealers said. Industrial shares led the market lower after central banks stepped into the market
        365 words
      • Article
        PARIS
        154 26 FRENCH share prices opened steady yesterday, then slipped back in quiet early trade. Investors were cautious after pouring large amounts of cash into the market last week, and the market was awaiting a cue from Wall Street before moving out of its consolidation phase, dealers said. The CAC-40 index
        154 words
      • Article
        STOCKHOLM
        131 26 PRICES on the Stockholm bourse closed slightly lower in active trade on Monday, but dealers said market sentiment remained relatively firm as a result of the strong dollar and hopes of lower oil prices. The bourse general index shed 0.32 per cent to 1,091.70 in high turnover of 421
        131 words
      • Article
        TORONTO
        226 26 TORONTO stocks closed lower in dull trade on Monday influenced slightly by factors as diverse as the Opec meeting in Geneva and a radical new policy adopted by Quebec's ruling Liberal party, traders said. Shares dropped at the opening and traded in a narrow range throughout the day. The
        226 words
      • Article
        Untitled
        119 26 Milan Mar 11 l ire AssCien .***** -5 Bastogi 270.00 -7.5 Fiat 5455 f5 Finsidcr susp Ifi Priv ***** +50 Italcementi Ord. ***** unch Italgas 2918 +21 Magncti M Pf 930 -1 Mediobanca ***** unch Miralanza Mondadori Priv susp Montedison 1482 unch Olivetti Ord 3690 -48 Olivetti Priv 2770 -40
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sterling rises as intervention in US dollars resumes
      1174 27 REPORTS STERLING firmed against the lower US dollar during the European morning session yesterday as the US currency was hit by another round of concerted central bank intervention. It declined slightly against the mark however, as the effect of the Bundesbank's US
      1,174 words
    • Article
      HK body warns of forex risks in new contract
      381 27 A NEW standard foreign exchange dealing contract drawn up by the Hongkong Monetary Institutions Association (HKMIA) forcefully warns clients of the potential risks involved in spot gold and forex transactions, the South China Morning Post reported. A copy of the agreement
      381 words
    • Article
      Lock icon US dollar expected to rise
      164 27 Reuter THE US dollar's bullish phase is not yet over and the market will try to take the currency higher against the mark and yen in coming weeks, economists say. "In the near term the dollar should hold around current levels and the market will
      Reuter  -  164 words
    • Article
      FINANCIAL FUTURES
      1263 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 91 93.46 93 48 93.45 93.46 4613 8533 4646 Jun 91 93.44 93.45 93.43 93.44 7759 ***** ***** Sep 91 93.16 93.19 93.16 93 18 2700 5861 3862 Dec 91 92.69 92.71 92.68 92.70 1333 7580 1772
      1,263 words
    • Article
      INTERBANK FOREX RATES
      422 27 Cross rates Mar 12 IJSS SS MS Dm Yen SFr AS N/$ US$ 1.7505 2.7370 1.5790 ***** 0.5391 1.3670 1.3029 1.6750 S$ 0.5713 1.5636 0.9020 0.7883 0 3080 0.7809 0 7443 0.9569 MS 0.3654 63% 0.5769 0 5042 0 1970 0 4995 0 4760 0 6120 Dm
      422 words
    • Article
      MONEY MARKET
      571 27 Interbank rates S$ Kid Offer Overnight IM > 1-month 4 5/16 4 7/16 2-month 4 7/16 4 9/16 V month 4 9/16 4 11/16 Overnight mode 2-1/4 I SS Hid (MTtr 7 days 6 _VI6 6 5/16 1 month 6 7/16 6 9/16 2 months 6 7/16 6
      571 words
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  • COMMODITIES
    • Article
      Lock icon Large supplies of heavy crude a problem for Opec
      452 28 Reuter HI ICiE quantities of unwanted Saudi Arabian and Iranian heavy crude stored in tankers have complicated efforts by Opec to keep prices from falling when the coming downturn in seasonal demand arrives. An Iranian delegate to the Opec (Organisation of
      Reuter  -  452 words
    • Article
      Indon commodity futures market to open in May
      236 28 THE Indonesian government is scheduled to license the operation of a commodity futures market in May this year, in an effort to provide a legal means to accommodate futures trading activities in the country, the Jakarta Post reported. Rudy Eengkong. chairman of
      236 words
    • Article
      Steady trading in KL tin despite fall on LME
      818 28 REPORTS THE PRICE of tin fell one sen to MS 14.88 per kg on the Kuala Lumpur Tin Market yesterday. Dealers said the London Metal Exchange was down by US$5O per tonne overnight but they considered trading on the KLTM to
      818 words
  • Article
    PRICES
    1525 28 Rubber Mar 12 MS (fob in bales) S ccnts/kg Noon < "1«*c KIMftaH l4S.0VI4fcflflN I43.0WI4M0N Inl I RSS Apr 9| *****/147 50 147 00/147 SO Intl KSS May I48 50/I49IX) 148 50/14«* »*> Int. 1 RSS Of 141 50/145 50N 143 50/145 50N Inl < RSS (>P 138 50/140
    1,525 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      517 28 NOTICES M THE MATTER Of THE COMPANIES ACT, CHAPTER SO, AND M THE MATTER OP SEAFOOD DISTRIBUTORS (S) PTE LTD (In M«mb*n' Voluntary Liquidation) PINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, that the FINAL MEETING of the Members of the abovenamed
      517 words
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      Page 28 Advertisements Column 2
      16 28 EFFECTIVE RECRUITMENT ADVERTISING. IT'S ONLY A CALL AWAY... Ask For Jennifer *****37 Noorani *****02 Veronica *****42
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      Page 28 Advertisements Column 3
      11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1084 29 City Flight ETA Flight ETO Mmi Dhabi GA895 1225 Adelaide "QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL8I3 1525 SQ24 2215 Athens OA471 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Bandar Sen BI421 1105 SQI82 0915 Begawan SQ181 1410 BI422 1205
    1,084 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Tourists start leaving their bunkers
      668 29  -  REPORTS FROM ALL OVER By Mark Frankel, Carol Hall THHY SPENT months dozing hy silent telephonos. Now travel agents, ln>tel managers and tour operators are waking up and finding they have work to do again. For them, the end to the nit War couldn't have
      668 words
    • Article
      MONEY CHANGER RATES
      153 29 As at 3pm yesterday: Ixx~al dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3330 I.3S50 Canadian dollar 1.5000 1.5100 NZ dollar 1.0350 1.0550 Sterling pound 3.2300 3.2600 US dollar 1.7400 1.7550 Ixxral dollars to KM) units of foreign currency Austrian schilling 15.50 16
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      60 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel March International Turin. Italy Torino Esposi/ioni (39)1165.69 March International Germany Hamburg Mcssc (49)40/***** 14-24 Home Fxhibition S.p.A 15-20 Exhibition for I'nd Congress the Motel. (imbH Mar 14. 15 Tourism 2000 Shangri l a Malaysian 03-*****14 Restaurant. Hotel.
      60 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      38 29 Johan, fly Finnair if you're going to Stockholm Swede home. Because Finnair gets you home at 0755 in the morning or onto over 30 other European destinations. Call *****77 for details. We know Europe from start to Finnish.
      38 words
    • Advertisement
      Page 29 Advertisements Column 2
      82 29 peoples paper I TNP Mir 12. i99i I TrV f 7t ;:r l II People, personalities. showbiz stars to I ll very ordinary people. I If |^|4NBX| n»„ v. H Keep up with f w Ua u 1991 The New Paper. L The afternoon I paper with MYSTERY a difference.
      82 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      300 29 Material to churchmen 9An ambassador say com- P® Hb ing in late (6) 10 I I 10 IJnahle to hold on, the boy LhJ L«J will be compliant I 11 Some soldiers and chief HH HH stay behind (6) I I I I I I I I I 12 Thinks
      300 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      218 29 Singapore Outlook: Showers over several areas in the late morning and afternoon. Forecast: Maximum temperature 32.7 Assoc humidity 61% Minimum temperature 24.9° C Assoc humidity 86% Hours of sunshine 6.10 Rainfall in mm Nil Rainfall this month Trace Rainy days this month 0 World forecast Asia-Pacific Hi/I/)* C'ond. Auckland 22/15
      218 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      21 29 1 &2>STOuf IF I'M Pan/lOeBT TO I N|OU HATe I JOB SO^^ H >, 8372 A I EVENING STANOARO CO LTD IM2-1991
      21 words
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  • Article
    Woodhouse asks to be put under judicial management
    328 30 WOODHOUSE, DRAKE Carey (Singapore) Pte Ltd has asked the High Court to put it under judicial management. This comes in the wake of speculation in Singapore and Malaysia that the commodity trading firm might be winding up its business deals in Singapore.
    328 words
  • Article
    Ministry's hopes for S'pore-Aussie trade
    169 30 THE Foreign Affairs Ministry (MFA) hopes trade between Australia and Singapore would not be adversely affected by Australia's withdrawal of tariff preferences for Asian NIEs. An MFA spokesman welcomes Australia's trade liberalisation measures, but says the withdrawal of tariff preferences is unfortunate. TDB will be
    169 words
  • Article
    Lock icon Israel reiterates objection to land for peace swap
    324 30 Agencies ISRAEL dug in its heels in talks with the US yesterday and ruled out a land for peace swap as the basis for negotiations with Arab states and the Palestinians. American Secretary of State James Baker met Israeli Prime Minister Yitzhak
    Agencies  -  324 words
  • Article
    HKBank's net profits down 35pc
    515 30  -  Decline is first in more than two decades From Catherine Ong in HONGKONG THE HONGKONGBANK yesterday reported the first decline in its earnings in more than two decades with net profits down 35 per cent to HK53.096 billion (***** million) for the year ended Dec
    515 words
  • Article, Illustration
    Lock icon Opec ministers told to decide on reference price
    349 30 AP OPEC PRESIDENT Sadek Boussena of Algeria said Opec oil ministers meeting in Geneva must decide whether or not to defend their US$2l minimum reference oil price. "The problem is simple, very simple, either we go to US$2l and we take all
    AP; Reuter picture  -  349 words
  • Article
    Travel agents report rapid rise in enquiries
    362 30  -  By Dexter Lee THE END of the Gulf War has seen a return in confidence among Singaporeans travellers and the National Association of Travel Agents Singapore (Natas) has reported a rapid increase in enquiries, particularly to Asian and Orient destinations. Among 10 major
    362 words
  • Article
    Lock icon Chatichai to be in exile in Switzerland
    254 30 AP CHATICHAI Choonhavan, ousted as Thailand's prime minister in a bloodless military coup last month, prepared to leave last night for at least a temporary exile in Switzerland. A leader of the military junta. General Issarapong Noonpakdi, said there were no conditions imposed
    AP  -  254 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      17 30 MORES[=l —II The Richness Of Leather Handmade To Perfection. Asian tigers will lose export advantages, Pg 8
      17 words
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      Page 30 Advertisements Column 2
      92 30 |H I MnRESCI —II The Richness Of Leather Handmade To Perfection large supplies of heavy crude a problem, Pg 28 w fTTTTI rmnißiT kajmj l h !g~ Heritage of today H Foundation of Yesterday N j g I V y M Hiislnt*vs tlourv Lunth from 11.10 <im Dinner from 6.10
      92 words
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  • Shipping Times
    • Article
      TWRA explains how it works out its FAF
      411 31  -  By Dexter Lee IN AN apparent bid to woo customer understanding, the Transpacific Westbound Rate Agreement (TWRA) has disclosed the way it works out its monthly fuel adjustment factor (FAF). San Francisco-based TWRA, of which national carrier Neptune Orient Lines is a
      411 words
    • Article
      Becton sets up regional distribution centre here
      213 31 AS PART of its expansion in the Asean region, US-based medical supplier Becton Dickinson and Company has set up a regional distribution centre in Singapore. Located on the premises of YCH Distripark in Tuas, which is also home to the Du Pont and
      213 words
    • Article
      Lock icon Soviet air industry to focus on civilian planes
      355 31 Reuter THE SOVIET aircraft industry is shifting production from warplancs to civilian aircraft to expand sales in the world market after the Gulf War, a Soviet official said in Manila on Monday. Alexandr Voinov, an official of the Soviet aircraft marketing company
      Reuter  -  355 words
    • Article
      Dachser takes over six Hermann Ludwig offices
      250 31  -  By Selva Kumar TRANSPORTATION major, Dachser GmbH and Company, has taken over the airfreight agency operations of six Hermann Ludwig airport offices in Germany from Feb 14. Mr Robert Chin, Hermann Ludwig's regional airfreight manager, said that the closure of the six offices
      250 words
    • Article
      Lock icon Human factor an important aspect of air safety: experts
      274 31 Reuter HUMAN ERROR causes more aircraft accidents than mechanical failure and airlines should pay as much attention to training as they do to technology, air safety experts told an international convention in the Philippines on Monday. Ken Lewis, head of the
      Reuter  -  274 words
    • Article
      Lock icon Sales of Japanese cars slumping in America
      386 31 Reuter JAPANESE C AR MAKERS, who once seemed invincible to marketplace shifts that regularly unsettle their American rivals, are suddenly suffering a downturn in the US that some analysts attribute to rising American patriotism. While Detroit's Big Three car makers, Chrysler Corp. Ford
      Reuter  -  386 words
    • Article, Illustration
      Lock icon Gulf shiprepair yards hope business will return to normal
      427 31 Lloyd's List THE ENDINCi of hostilities in the Middle East has boosted attempts by leading Gulf shipyards Dubai Drydocks (DDC) and Bahrain's ASRY to regain their status as major shiprepair centres. "We are hoping business will pick up rapidly and return
      Lloyd's List  -  427 words
    • NEWS SUMMARY
      • Article
        A quest for the new and exotic
        33 31 THE LAUNCHING of the 19,000-gross-ton Radisson Diamond in May 1992 will mark the fulfilment of a dream cherished by Christian Aspegren. Joel Glass reports. Page 2
        33 words
      • Article
        Britain happy with new air pact with US
        54 31 OBVIOUSLY JUBILANT. Transport Secretary Malcolm Rifkind said on Monday that Britain had wrung "a massive package of benefits" for British airlines and consumers in its pact with the US. In return, Britain will allow American Airlines and United Airlines to use London's
        54 words
      • Article
        Administrators finding buyer for Air Europe
        35 31 OFFICIAL administrators arc working Hat out to find a buyer for the cash-starved Air Europe airline and its parent company ILG. the second biggest British tour operator Back Page
        35 words
      • Article
        US faces setback in Argentina
        50 31 EUROPEAN communications companies, oncc considered inferior in technology and resources to American giants, have walked awav with US$5.6 billion in investment contracts to own and operate not only the southern, but also the northern half of the Argentine system, formerly known as Entcl Back Page
        50 words
    • LOG BOOK
      • Article
        M'sia to study need for inland container depots
        122 32 Till- MALAYSIAN Transport Ministry is planning a comprehensive study of the need for inland container depots in Sabah and Sarawak in view ot the increase in container traffic to the two states. Deputv Transport Minister Datin I'aduka Hajah Zaleha Ismail said the
        122 words
      • Article
        Japan-South Korea jet foil link
        78 32 A JET FOIL LINK between Japan and South Korea will begin on March 25. officials at the Korea Maritime and Port Administration (KMPA) said. Japan's Kyushu Railwav Co will initially service the route between South Korea's southeastern port of Pusan and Japan's southwestern port of
        78 words
      • Article
        S Korean shipyards' orders dive
        110 32 SOUTH KOREAN shipyards received orders in January and February amounting to only 1.7 per cent ot those a year ago, according to the Korea Shipbuilders Association. The shipbuilders were only asked to make six small ships for a total of 16.250 gross tons, compared to
        110 words
      • Article
        Daimler-UTC engine alliance
        60 32 THE JET ENGINE units of Germany's largest industrial group, Daimler-Benz AG, and US high technology firm. United Technologies Corp. have formalised their global engine alliance. A statement from Daimler's Motoren-und-Turbincn Union (MTU) said leaders of the two firms last Friday signed an agreement designating each firm a
        60 words
      • Article
        Power failure at HK subway
        66 32 A POWER FAILURE sparked chaos at Hongkong's underground railway network on Monday, leaving hundreds of thousands of morning rush-hour commuters stranded. Train services on a section ot the Kowloon peninsula remained limited after a suspension for emergency repairs at one station. A small fire broke
        66 words
      • Article
        US ship ready for repairs
        50 32 PERMANENT REPAIRS are in hand at Guam on the the US ro-ro/container vessel Rover's damaged starboard main boiler casing, Lloyds Shipping Intelligence reported. The 15,946-dwt vessel was surveyed afloat at Apra Harbour, Guam, on March 7 after reporting serious boiler problems at the Pacific island.
        50 words
    • Article, Illustration
      Lock icon A quest for the new and exotic
      1308 32  -  The launching of the 19,000-gross-ton Riulisson Diamond in May 1992 will mark the fulfilment of a dream cherished by Christian Aspegren. Joel Glass spoke to the president of Diamond Cruise Joel Glass Lloyd's List The idea first saw light back in June 1986
      Lloyd's List  -  1,308 words
    • Article
      Lock icon WEEKLY FREIGHTS
      456 32 AFP STRONG Soviet buying in the grains sector contributed to the further advance of freight rates over the past week on dry cargo markets. The Baltic International Freight Futures Exchange (BIFFEX) Baltic Freight Index finished the week up 56 points at a record high of 1,763 points. The
      AFP  -  456 words
    • Article
      THE SHIPPING GUIDE
      12471 40 This is a list ot" ships loading i at Singapore for ports around the world. It tabulates, by A destination, the name of the > ship, the shipping line involved and the estimated dates of arrival and departure i from the Port of Singapore. Advanced dates are
      12,471 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        691 47 V«sm1 Voy No Bolt) Arrival Departwe Keppd Wharves Anne Gro 04W CIO alongside 1303 0600 Baroness 90 K34 alongside 14 03/2300 Kota Eagle 3/91 K31 alongside 12 03/2300 Kota Megah E 888 H32 alongside 16 03/ 0600 Sg Ot flower *****3 (P H29 alongside 1203/2230 Altair Ace
        691 words
      • Article
        CONTAINER SCHEDULE
        1369 47 RECEIVING Of EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rslts s*> Voy No Etb/Btr Period From To From ACX Daisy 10 15/0400 2 12/1700 13/0659 13/0900 t 4 13/1200 13/1459 13/1700 ACX lade 38A 13/1500 1 12/1500 12/1659 12/1900 j Andro Star 22N 14/1700 2 12/1700 13/0659
        1,369 words
      • Article
        IN MALAYSIAN PORTS
        251 47 Penaitg Port Berth in Butterworth on March 13: 1 Vladimir Kokinaki, 2 Million 3: Kim Soon Li. Rangyai. 4. ml; 5 Pelopor. 6 Aka Bhum. Penanj Wharf: NB Chin Tsair lin; CB ml; SB Barge Rainbow BCT: Bl: ml: Bll: Anangel Spirit: l/B Sangkulirang VOTP: Ulu Bernam
        251 words
    • Article
      DAILY FREIGHTS
      1100 47 I CHARTERING on the dry cargo freight market was fairly routine on Monday as the recent surge in the Baltic Freight Index to record highs halted. Some operators say the recent strong trend in freight rates will continue, while others feel the seasonal decline in rates may ha\e
      1,100 words
    • Article, Illustration
      Lock icon Britain happy with new air agreement with US
      441 48 Reuter OBVIOUSLY JUBILANT, UK Transport Secretary Malcolm Rifkind said on Moilday that Britain had wrung "a massive package of benefits" tor British airlines and consumers in its pact with the US. In return, Britain will allow American Airlines and United Airlines to
      Reuter  -  441 words
    • Article
      Lock icon Administrators trying to find buyer for Air Europe
      323 48 AFP (MUCIAI. administrators arc working flat out to find a buyer for the cash-starved Air I:urope airline and its parent company ILCi. the second biggest British tour operator. A spokesman for kl'MCi Peat Marwick McLintock, appointed as administrators by the High Court
      AFP  -  323 words
    • Article
      Lock icon US faces setback in Argentina
      288 48 UPI AT FIRST it looked like American business has scored a multi-billion dollar victory in Argentina, with a consortium led by Bell Atlantic winning a bid to buy and operate halt the nation's telephone system. As it turned out. the deal disintegrated into a humiliating
      UPI  -  288 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      422 31 I lUI UNITED EllO LEASING!SERVtOSPIELTD mm Call Tel: *****13 (15) Welcome to the Robot Republic Pressed by labour shortage, companies big and small arc j rushing to automate everything from assembly lines to warehouses. Economic planners say even more companies j| will seek to mechanise to improve the job environment,
      422 words
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      Page 31 Advertisements Column 2
      52 31 A»r Forwarders 15 Air freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 17 Indei to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Stupsaies Tanker Rates 16 Ships in Port .11 Singapore Tides 17 Transport Diary 2 Weather and Sea
      52 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      88 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2348 33 lAROINE SHIPPING AGENCIES -W Cantonment Rojil #1? OS Southpomt. Singjpore 0208 \lllfr *****11 in t x no rs 24m WCTRBVA IFRMINAL CFS Tel *****18 .'.>o bookings t<h J2OWM 258 L %WV M PtSAKA lAROINE SHIPPING AGENCIES SON BHD port in <t*uiiB ieifx no maw/? maw/oi PENANG lEL *****4 TELEX NO
      2,348 words
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      Page 33 Advertisements Column 2
      1279 33 INDEX TjUDramsERS I'll#* Col P*Rt' Col •l lo>d Triestino 4 1/2 Lucky Scawa\ 15 3 ABC" Containcrlinc 12 I Lykes Lino 5 I Accord Group X 1-3 AFS 15 I M Ahrcnkicl Liner [<> \1 R Frwdg 13 1/2 s s Mac-Nds Agencies 14 1/2 Alfred C Tocpler 15 5
      1,279 words
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      Page 33 Advertisements Column 3
      2711 33 E3 MARIT MAERSK V 9104 ETA 19/3/91 I Vessel Voy ETA j ETD 'Port "Penany 1 DESTINATIONS Singapore Kelang This M«ari« Maofs* 9*04 by CFS 'ft 3 1350 HPS M OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOP MARIE MAERSK 9104 I>t I ~14 3 i
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1481 34 T 1 r InOTTEDAM 1 VOY NO S POHE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE I 1118 KURAMA 89 110 14 3 > > 2i* 4 LLiU FRANKFURT EXPRESS &5/310 1773 3/4 fx* 8/4 9 4 --mimbd TOKIO EXPRESS 98/111 21/3 11/4 9/4 8/4 1. All I^TBOUNC IP KAMAKURA 16/311 24
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      Page 34 Advertisements Column 2
      538 34 psypfJM DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I ?8/3 11/4 14/4 19/4 Also ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO SEASPAC I 28/3 ?/5 3/5 6/5 7/5 8/5 C.illao or Santiago via Valpa
      538 words
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      Page 34 Advertisements Column 3
      1621 34 uat REGULAR INOEPENOENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAH 9102 3 18/03 06/04 07/04 12/04 13 04 14 04 15/04 16/04 17/04 NORASIA SAMANTHA 9103 3 25/03 15/04 16/04 20
      1,621 words
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      2041 35 SjSSteamers Maritime Holdings Ltd P&O pnif STRAITS shipping! Containers SIS s&tM toy Ho P KUCJ S'pof* Al« Sou Ant tot hd 4 ACCEPTS DUE SAILS I AOS MAfRSK 1104 BAN 07CI ISO J 2901 0104 iCO» *04 CARGO oriemai BAY dw« 811# 16,03 atw mw »,m f p LAUSI MAIRSK
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      Page 35 Advertisements Column 2
      1912 35 TO: U S A /PANAMA FM: U.S.A./PANAMA c™.«.«,»,. r a a sr r: srs»s«> "I g i» j» «s singapori sinam* if in ?n i;« i»« 45 iss /s -i d,j ill ill »i 211 AUANTtC SINAIOR If II? *1 >4i *4 S5 u l? 5 hi l#,? lUROPIAN SINAfOR
      1,912 words
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      Page 35 Advertisements Column 3
      361 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASIAN COSMIC COSMIC CHALLENGER STAR TRADER PIONEER VOY NO S 111 1« It S pore In Pt 16; 3 18 3 20/3 P KeUng Sid 15,3 77/3 Penang Yangon Moogla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Kobe NOTE ALSO
      361 words
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      Page 36 Advertisements Column 1
      800 36 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY SPORE ROAM ADAM H BURG BREMEN ANTWERP TRIAS UNITY OU2WB W W 4 SRIWIJAYA 31WB 2Vi 6fb U/5 1M *><* FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Suto|act to Inducement Also accepting cargo to Casablanca. Port Said Port Alexandria Genoa, Trieste
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      Page 36 Advertisements Column 2
      792 36 it a at *K HANIIN SHIPPING mom vsl r'sSTl ll l M ul l oA S pore LLH HTM ANR HAM BMW FEL HANJIN FILIXSIOWE >JU/E 113 DIRECT *4 1M HANJIN OAKLAND 017W 13 j Hi < 113 1« II II I I HANIIN MASAN lASI 7S 3 DIRECT IS
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      Page 36 Advertisements Column 3
      1484 36 •jgjgnjgiiM r r#irr I*s 'J 5 LC I>US M T 0S NC S >•** CHS 6AI NYC IMV ANW ROW THP HBC PSO CUB PKL SCP I *> ii! -J 3 H 3 14 111 n> 9i *> 10 S 115 131 73S 2j* 4* I riiM»! i! i. 34
      1,484 words
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      1935 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 Ak M TERMINAL OFFICE-*****22 DOCUMENTATION OEPT: *****44/*****14 CFS:K27- IMPORT: CFS: K27 EXPORT *****53/*****04 SSS NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelano-(03) *****87. Penana-(04) *****0. J.Bahru-{O7) *****3.
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      Page 37 Advertisements Column 2
      1042 37 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 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VtSStIS VO*«Gt |SKX>i |v»N.l* HOQHC VOYAGt SFOBt PKUWC MBUWC »H*VtW TIHUHY HOTT MTW> K RAWVSKIT HI9I
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      Page 38 Advertisements Column 1
      1681 38 T T" V AS AGENTS KAWASAKI SINGAPORE (PTE) LTO ICR No **********0 M) W TfL *****-7 TtltX KAWAK «5?3165f AX 2?49?79 H I I MALAYSIA -K" LINE MARITIME (MALAYSIA) SON BHD A A TEL PJ 7bb4722 PK *****01 5 PENANG *****5 J6 *****1 \SAKI KISEN K AMI ITD. INDONESIA p
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      Page 38 Advertisements Column 2
      1304 38 t.M PHILI-ORICNT LIN€S PT€ LTD 108 ROBINSON ROAD «07 00 C.MG BUILDING SINGAPORE 0106 TEL *****22 *****69 *****00 TELEX RS ***** PHILI FAX *****76.*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MI.MBLR OF SINGAPORE FREIGI IT FORWARDERS ASSOCIATION 17 MAR MONTREAL. Ottawa, toronto, Vancouver, s'western
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      Page 39 Advertisements Column 1
      1558 39 O *MMVO| »f VUIIVOUWJ li PACIFIC INTERNATIONAL LINES (PTE) LTD mmmmrnmm M UtM P,L Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 I BANGKOK lESS-AHn 9104 Si h E A S hu, .m ?i? S? S» EDEN TERATA i"l I*3 M/ 3 26/3 SIS I U? 24/3 W3 31/3
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      Page 39 Advertisements Column 2
      1219 39 BEN LINE CONTAINERS LTD V 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN NL Deiima' 058 In Pt 30/3 31/3 274 3/4 Alsia 068 19/3
      1,219 words
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      Page 39 Advertisements Column 3
      366 39 MBglk MYANMA pBMk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VUOW 1» Mar PAGAN VI6BW 27 Mar THE BANK UNI (A Mrvic* of Andrew W«lr Shipping) W SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY 1 EXPRESS TO PAPUA NEW GUINEA 1 BUNKER SURCHARGE CONTR
      366 words
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      Page 42 Advertisements Column 1
      715 42 TO AUSTRALIA/NEW ZEALAND VSL JsTn JT-7m ~libik Tsyd ]Aucii NPt |P CHALM I Tntvkrpin I*l n/3 i)F "«< T« i<4 ill iii TNT EXPRESS M 72,4 2M VS lfS "SI I*s ELLEN HUD4G 2/0 *5 It, 5 2V> U> BRUSSEL S! Sib" ili fcS JoiT ~U6 I'* W/S TO USA/CANADA
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      Page 42 Advertisements Column 2
      1024 42 FXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE [OUTBOUND VOY PKL PNC JKT SIN HKC KAO KEE IVO SNU NCO KOB VESSEL VOV SIN PKI PWC Bl» SIN ACX DAISY 10 lt/3 "11,3 IS/T 22/3 2»3 27/3 2«/3 EQUATOR PRIPC «2B 1 *13 IV3 ltfl ACX LOTUS
      1,024 words
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      Page 42 Advertisements Column 3
      285 42 4"V P.T. UNITED SHIPPING "o" ORGANISATION LTD JL OWtfrCTWtCOtAWS»WWCKS JAKARTA SURABAYA T DIRECT REGULAR SERVICES TO JAKARTA i SURABAYA ir Accept cargo** t* all «tlMr p*rt« wltk trMuhl»»eat at Jakarta ar Surakajra. DESTINATION ETA ETD VSI W JAKARTA 16/3 17/3 P SUMATERA a 19/3 19/3 P JAWA W 28 3
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      Page 42 Advertisements Column 4
      1474 42 SP 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: *****82 (JAKARTA) MALAYSIA'S AGENTS CHUNG CHIAO SHIPPING SDN BHD TEL *****91 (KL) *****1 (PENANG) SHIPPING SDN BHD TEL *****61 (P.KELANG)
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      Page 43 Advertisements Column 1
      1077 43 UKC CONVENTION A L SMI VICE «es«t PKL PNC P C Loading tor VESSEL 28/03 Rotterdam Antwerp CHINA rUU CONTAIN** WVICE Vessel SCP PKL BKK HKG QIN SHA fANGFANGKOU W 02 (M 03,04 0/ 04 1/04 18 04 fANGFANGKOU 1« 03;0i 04 <h OH'Ob 13,0) 19 05 4Jso Ktepting other
      1,077 words
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      Page 43 Advertisements Column 2
      265 43 RICHFIELD MARINE AGENCIES (Sj PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTTNG FCL AND CONVENTIONAL VESSEt VOY TTTa |IOA[)IN<, fi)H SPOfIL AOBAY WON/ .'gW/8 too*) DARIsSAIAAM M' IMOASA DilO'Hjrt ASSAB MASSAWA IMETSANEt ,?IWB '0 i» DARESSAI
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      Page 43 Advertisements Column 3
      818 43 MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE ~~VSL VOY SIN JKT PH STTJ PUL AMAN
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      Page 43 Advertisements Column 4
      939 43 SYDNEY/melbourne^^^^^^^^^^^bangkoi^^^^^^^^^^^^^^^^^^^ y ISStL VOY S PORE SYD mi VESSEL VOY SINGAPORE BANGKOK PIYA BHUM 15 1M 28-30/3 01 03/4 JENLINK 46N Wed In Pt Sat 16/3 PLANHA 0447 0107/4 14 15/4 18 20 4 WANA BHUM#' OSN Wed In Pt Mon 11,3 PITA BHUM 14-15/4 27-29,4 01 03/5 NANTA BHUM
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      Page 44 Advertisements Column 1
      1196 44 MAC-NELS SINGAPORE export TEL *****22 11 IMPORT TEL: *****02 PENANG TEL (04) 634b36 KK TEL (088) 2422b0 TAWAU lEL (089) 7/86/9 I I p KEIANG rtL (03) *****// KUCHING lEL (082) *****3 SKAN TEL (089)*****2 -K-/\" J BAHRU TEL (0/) *****2 SIBU IU (084 *****2 SARIKE.i TEL (084) 6b1388 W
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      Page 44 Advertisements Column 2
      396 44 BLUE STAR LINE II SINGAPORE TO jNEW ZEALAND AND T/S FIJI FUM.Y CONTAINKRISEI) MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH POUT CHALMKHS ACCKPTING Kt'l. lA'l. FOR AUCKLAND. NAPIER. WELLINGTON, BLUFF. CHKISTCHURCH. DUNKDIN. LYTTEI.TON, INVERCAR<IIL, FIJI AND TAHITI SIN N Pl* AUCK ITT MANDAMA 0592 1/ Mar Mar Via NPI 1 Apr
      396 words
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      Page 44 Advertisements Column 3
      1172 44 /SCI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL IvQT TeTA [BEST VESSEL |WT l ETA JBT j KIM SOON LI 9/91E 16 MAR
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      Page 45 Advertisements Column 1
      924 45 COMPANIA PERUANA toOl de vapores T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penjng* P Kelang Singapore IHsu ALDELEAEVERETT" 1«/15 Mar SHAPIAEVERETT I*l7 Mar 18/20 Mar KAMALEVERETT 27/29 Mar 30 Mar 02 Apr 05.07
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      Page 45 Advertisements Column 2
      543 45 vsl Ivor Is pom Tniainlinlr [lax [kst Isav [nyc [hex ZIM EILAT UE lb 3 2iM SAVANNAH 13 4 »4 tit «< 1,5 2IM PiHAtUS 127E II ZIM CANADA 254 4 5 75 M 11/5 7IM KAOHSIUNG 17% 78 J JIM CANADA lilt 4(5 1,5 »5 11/5 /IM OSAKA l'f
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      Page 45 Advertisements Column 3
      775 45 ■41 SING KWANG HANG SHIPPING TRANSPORTATION (PTE) LTD MWM WEEKLY LCL/FCL SERVICE [wfSSfcl Is PORE IjAKARTA [SURABAYA I MbKHANIK KURAKO V S?N t4/3 1 //3 IjENWEL V 168N IS/3 |21/3 H/ESSEL SPORE FitANGKOK A VESSEL 13/3 16/3 A VESSEL 17/3 30/3 DESTINATIONS ETA SINGAPORE PORT KELANG 15 MAR MANILA 16
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      Page 45 Advertisements Column 4
      598 45 'ERINTIS LINE I j ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBV 153 A 1403 17/03 .JATIDIHI 9?3 16'03 19/03 PHASE TIA 155 A ?103 24/03 JATIDIHI 9?4 ?3 03 ?6/03 TAN U) It rAMA 149 20/03 23/03 TANIO UTAMA 151 20/03 01 04 rAIMtO
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      Page 45 Advertisements Column 5
      404 45 SM| FAN EAST 17/3 KEELUNG/KAOHSIUNG 16/3 BANGKOK 16/3 MANILA/CEBU 16/3 JAKARTA/BELAWAN SURABAYA 16/3 PORT KELANG/PENANG/E. Malaysia 16/3 BUSAN 16/3 TOKYO/YOKO KOBE NGO OSA 17/3 HONG KONG UN CHINA 17/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUNOPE/UK 17/3 LDN/FLX/LVP/SOU 17/3 RDM/HAM/ANT/LE HAVRE/GENOA OSLO also accepting cargo to Austria/
      404 words
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      Page 46 Advertisements Column 1
      698 46 CB SHIPPING C™s) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTMMH/LCL/BREAKBM.K SERVICE "AWKE" SERVICE JAN SPE TC BARA lAE POM TVIIIE ¥2258 3/3 6>3 U 12/3 143 22.3 26/3 V23SB 2/4 4*4 910/4 114 21/4 ft/4 V 2458 3/5 6/5 11/5 I*s 21/5 25/5 PNG. BUNKER SURCHARGE TEU USD 53
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      Page 46 Advertisements Column 2
      950 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE VV V 02-91W 13/3/91 8/4/91 29/3/91 3/4/91 KVT VO4CW9I 17/3/91 11/4/91 12/4/91 17/4/91 IY V 03-91W 21/3/91 18/4/91 8/4/91 13/4/91 BA VOSCW9I 3/4/91 26/4/91 27/4/91 2/5/91 AN V 04 91W 8/4/91 3/5/91 23/4/91 28/4/91 Al SO ACCEPTING
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      Page 46 Advertisements Column 3
      469 46 J LCL/FCL SERVICE FROM fji/ H m W CUJf optmm uwi HO IMWIMWBIIIWIIWUJJL 1 ll mlm m CUM maintains ovw 35,000 tractors A trucks. V II /Hi M CUM rv ow 80,000 point* In USA IJj CUM olh* raliabto LCt/FCL MnrtoM. Gmtril Ajjentt 7DAA^n/A//r Af/) PENANG KL: allied LINK SINGAPORE:
      469 words
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      Page 46 Advertisements Column 4
      525 46 SETH SHIPPING CORP SON BHD JwCLk KLMt TEL: 03-*****06 |6 Nm| FAX *****11 VW/ fi»m Til: *****121 FU 04-13(063 SUM TEL OM-214U2 SIM TEL: 064 *****2 TAMO TEL: *****0070 KK TEL 066 *****0 KtICM TEL 062 *****3 MSIA TO USA/CANADA CONTAINER SERVICE FEEDER VOY PEN PKI Ism LA/LB I KST
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      475 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 **********00 *****600 1700 *****900 2000 2100 2200 230f 19 1 7 15 14 14 14 16 20 2 3 25 26 25 21 1 7 13 09 0 7
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      Page 48 Advertisements Column 1
      425 48 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. samudra agung POH AIK 184 14/3 BATU AMPAR SEKUPANG BATAM SAMUDERA 102 18/3 DUMAI/PEKAN BARU ABADI JAYA 14/3 DUMAI/PEKAN BARU 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
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      Page 48 Advertisements Column 2
      682 48 4HYUNDAI MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG IBM OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN_ SJIKKSr 151 "STITis'J ZSJ 2%S S I 5 5™ s i h?, s z sssss. ssB s s HYUNDAI CHALLENGER 41E 13
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      Page 48 Advertisements Column 3
      630 48 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Jjyr|vr 'iT t r AgOM FRANKFURT EXPRESS 53 310 17 3 14 5 4 M *4 D nit.ooi »nd Oubna ISfRS^H TOKIO EXPRESS ***** 213 11/4 14 M Southampton to all UK d«t.nation*. Belfast and Uut> 1 KAMAKURA 124 3 10 4
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