The Business Times, 8 January 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, January 8, 1992 75*
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  • NEWS SUMMARY
    • 64 1 LOS ANGELES Iran is conducting a multi-billion-dollar arms build-up via secret deals with Russia, North Korea and other nations and shortly will become the dominant power in the Gulf, The Los Angeles Times said yesterday. Its purchases included Soviet SU-24 fighter-bombers, MiG-29 fighter planes,
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    • 48 1 HANOI Thai military supreme commander General Suchinda Kraprayoon assured Vietnam yesterday that Thailand no longer backs antiHanoi guerilla groups. He also renewed his offer for a Vietnamese military delegation to visit any Thai military installation or activity, including the annual US-Thai manoeuvres.
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    • 35 1 SINGAPORE and China are moving beyond trade and investment to other areas of economic cooperation, said President Wee Kim Wee yesterday at a banquet for visiting Chinese President Yang Shangkun Page 2
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    • 14 1 BROKERS and bankers have welcomed the Indonesian government's Budget Page 2
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    • 24 1 THE Inland Revenue Department has finally started work on its proposed $300 million building project in Newton/ Thomson Road Page 3
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    • 31 1 GREATER cooperation from Hanoi and pressure from the US business community may prompt America to speed up the lifting of its trade embargo on Vietnam Page 8
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    • 37 1 THAILAND will push for the lifting of a trade ban on Thai wildlife exports imposed by the Convention on International Trade of Endangered Species at its Jan 20 meeting in Switzerland Page 8
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    • 30 1 WHILE financial institutions offer conflicting opinions about Japan's economic outlook for fiscal year 1992, all are agreed that growth will not exceed 4.1 per cent Page 8
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    • 27 1 AIR CARGO volume through Singapore posted a nearly 2 per cent rise in November after two straight months of falls. Shipping Tiroes Page 1
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  • MARKETS SUMMARY
    • 28 1 PRICES of blue chips opened lower on Wall Street yesterday, with the Dow Jones Industrial Average down 12.97 points at 3,187.16 five minutes into the session.
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    • 29 1 LONDON shares were lower at midday yesterday, undermined by profit-taking. Al 1200 GMT, the FTSE 100Share Index was down 23.1 points, or 0.9 per cent, al 2,470.1.
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    • 22 1 BERJAYA Group Bhd will reap gross proceeds M$ 171.32 million (S$ 102.79 million) from divestments in two companies Page 4
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    • 21 1 TIMES Publishing Ltd sealed a $30 million agreement last night with the publishers of Newsweek Page 4
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    • 27 1 MBf HOLDINGS Bhd's proposed US$5O million (SsBs million) share swap with Asian Oceanic Holdings Ltd is on hold pending further renegotiation Page 4
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    • 24 1 GOVERNMENT-OWNED Temasek Holdings has raised its stake in Export Credit Insurance Corporation of Singapore Ltd to 87.4 per cent Page 6
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 731.29 +1.18 Kuala Lumpur ....555.66 -1.68 Tokyo 23.566.39 -234.79 Hongkong 4,347.93 +40.96 Sydney ...1,667.6 +7.5 Monday Change New York 3,200.13 -1.35 London 2,493.2 -10.9
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    • 24 1 Exchange rates USS SS 1.6220 100 Yen SS 1.3192 MS SS 0.6000 Money market rates Overnight 2 5/8 +1/8 3-month 2 11/16% -1/16
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    • 37 1 London CMd AM fix USS349.30 -US$1.85 RUMmt S'pore Feb 128 '/kg -I M'sia Feb „2l4«/kg +1 KL Tin Turnover 34 tonnes -59 Spot MSl4.80/kg +0.23 Cmdo palm oN Turnover.™.. 1,153 lots +87 March MS898 /tonne -7
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  • 644 1  -  Failure to stop recent airfare war sparks move By Sangeeta Mulchand SINGAPORE Five major European carriers are calling for a Singapore Airlines-led cartel to be dissolved following its failure to curb the fierce airfare war last October. The Intra-Orient Marketing Programme (Europe),
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  • 295 1 SINGAPORE The national travel agents' body, whose members handle up to 95 per cent of all airline ticket sales in Singapore, is in favour of maintaining the airline cartel, and the continuation of its price-determining and enforcement role. The Intra-Orient Market- ing Programme (IMP)
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  • 590 1  -  From Teh Hooi Ling in JAKARTA INDONESIA'S multi-billion dollar Lippo conglomerate plans to carve itself a major share of the growing domestic life insurance market. The managing director of the banking, finance and industrial group, Mr Roy Tirtadji, told Business Times the insurance
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  • 180 1  -  By Genevieve Cua SINGAPORE Cement maker Pan Malaysia Cement Works (S) Pte Ltd, a member of Malaysia's MUI group, has applied to be listed on the Stock Exchange of Singapore. In a statement, PMCWS said an application was submitted yesterday by the Oversea-Chinese Banking Corp
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  • 406 1  -  Jy Shoeb Kagda SINGAPORE With heavy rains bringing plantation activity in West Malaysia to a virtual standstill for much of December, palm oil prices are likely to remain strong in the first month of 1992. Traders here said that prices will
    Source: Nishho Iwai  -  406 words
  • 107 1 SINGAPORE The greenback cmme under pretiure against other currencies yesterday in anticipation of more disappointing US economic figures. Figures for US producer prices, the non-farm payroll and unemployment are due to be released this week. The US dollar fell to a new low against the
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  • Page 1 Advertisements
    • 214 1 i A Jt% k.« '#*v 5 Centfeptwnt >01-30, Tgt: 737 4509 Aircraft Schedule 31 law 1* World Stock Markets 28 Commodities 30 Money Changer Rates 31 Company News 4,5 Money Market 29 For market indices, editorial. Cryptic Crossword 31 Regional World News 8 advertising and circulatwn exEditorial 10 Regional Stock
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    • 16 1 Profile of Lippo founder Mochtar Riady, Pg 10 Exclusive BT interview with Cambodian PM Pg 11
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  • PAGE 2 NEWS
    • 472 2  -  Visit of Chinese President Yang Shangkun By Chuang Peck Ming SINGAPORE Singapore and China are moving beyond trade and investments to other areas of economic cooperation, President Wee Kim Wee said last night. And over time, the economic ties would be joined by
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    • 487 2  -  Reaction to Indonesian Budget From Maggie Ford in JAKARTA TAX increases announced in the Indonesian Budget on Monday may not only raise revenue but spur investment, according to brokers and bankers who welcomed the Jakarta government's pragmatic budgetary approach. To make up a shortfall
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    • 294 2 Reuter JAKARTA Indonesia's Finance Minister has said the Budget gives the government room to ease an 18-month crunch on local funds which economists say is squeezing business too tightly. "If you look at the budget, the expansionary effect is very small... we can have
      Reuter  -  294 words
    • 674 2  -  Lower prices, slimmer margins and shrinking demand By Joseph Rajendran SINGAPORE Low prices, razor-thin margins and ultracautious consumers. That's how electronics manufacturers, wholesalers and retailers see the market for their products. Not one sees things improving in the next few months. Instead, most
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  • Page 2 Advertisements
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    • 40 2 Acclaimed by thousands of participants in 15 countries Kirk Tyson s -g. now in its ninth year 22 23 January 1992, Singapore 'J[ X Please call Carol/Vivien at 469 9615 or Fax 469 5190 r i for details and reservation.
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  • SINGAPORE NEWS
    • 295 3  -  By Colin Tan AFTER nearly two decades on the drawing board, the Inland Revenue Department (IRD) has finally started work on its proposed $300 million building project at Newton/Thomson Road. Piling and foundation work on the two-hectare site commenced last October, shortly after
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    • 276 3  -  Addenda to the President's Address By Anna Teo SIXTY per cent of each year's cohort of pupils will be enrolled in tertiary studies by the end of the decade, going by official projections. The combined annual intake of the National University of Singapore and the Nanyang
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    • 184 3 SINGAPORE aims to be a model environment city and a focal point for regional and international environmental activities by the year 2000, reiterated the Environment Ministry in its addendum to the President's Parliament address. The ministry seeks feedback on its "Singapore Green Plan" that outlines
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    • 349 3 KEPPEL Shipyard will hand out its best ever bonus to employees, who will each receive a payment equal to 5.92 times their monthly consolidated salaries on Jan 15. Last year, Keppel Shipyard had given bonuses for 1990 totalling 5.21 months' basic salary.
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    • 290 3  -  By Sangeeta Mulchand THE TWO sites on Sentosa previously awarded to Khamis Holdings are to be retendered after a facelift, according to the Sentosa Development Corporation (SDC). Confirming an earlier BT report, the board said the two sites would be landscaped, after which
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    • 259 3 LOTUS Development Corporation's local software development centre, set up last year, will be beefed up this year to take on more software translation tasks. Charles Pau, director of Lotus product development in Asia, told BT the centre might translate its popular 1-2-3
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    • NEWS ROUNDUP
      • 99 3 THE Defence Ministry is looking at ways to improve the training and deployment of national servicemen because the number of males bom in Singapore is gradually decreasing. Dr Yeo Ning Hong, Minister for Defence, revealed the move during his speech at a send-ofT
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      • 93 3 THE Economic Development Board will publish bi-month-ly research papers on selected industries in Singapore after requests from organisations and individuals interested in keeping up with the technological and business developments. The reports will cover major players in each industry, its key activities, development and outlook in Singapore
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      • 65 3 THE Minister For Defence, Dr Yeo Ning Hong, leaves today on an official three-day visit to the Philippines. The visit, at the invitation of the Secretary of National Defence of the Philippines, General (Rtd) Renato De Villa, is Dr Yeo's first to the country as Defence
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      • 63 3 SECTIONS of the Urban Redevelopment Authority will be relocated to other parts of the URA Building for three months from this month to facilitate renovation work in parts of the building. During this period, services to the public will continue without disruption and staff telephone numbers
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      • 42 3 DATO SAMAN bin Kahar, Permanent Secretary (Religious Affairs), Brunei, is in Singapore from today for a four-day visit. He is here at the invitation of Mr Goh Kim Leong, Permanent Secretary, Ministry of Information and the Arts.
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    • 181 3 THE PORT of Singapore Authority has achieved its target of handling at least six million 20-ft containers in 1991. In a statement yesterday, the PSA said that its latest statistics show that 6.35 million TEUs (20-ft equivalent units) passed through the port last year,
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  • COMPANY NEWS 1
    • 451 4 Bernama KUALA LUMPUR Berjaya Group Bhd yesterday announced divestments in two companies which would bring in gross proceeds of MS 171.32 million (SS 102.79 million). Berjaya's chief executive officer, Tan Sri Vincent Tan, in one of his rare public appearances,
      Bernama  -  451 words
    • 264 4  -  Magazine to be printed at its plants in S'pore, HK and Britain By Carolyn Lim SINGAPORE Times Publishing sealed a $30 million agreement last night with the publishers of "Newsweek" to print some 380,000 copies of each issue of the news magazine.
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    • 303 4 SINGAPORE MBf Holdings Bhd's proposed USSSO million (S$BS million) share swap with Asian Oceanic Holdings Ltd, has been put on hold pending further renegotiation. In a note to the Kuala Lumpur Stock Exchange on Monday, MBf said a review it recently
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    • COMPANY BRIEFS
      • 96 4 SINGAPORE Publicly-listed Inchcape Bhd has sold its subsidiary Anglo-French Travel for $1.1 million to a group of investors on a willing buyer-willing seller basis. The trading company said it had sold Anglo-French Travel because "it did not fit into any of its
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      • 118 4 SINGAPORE Hotel Grand Central and its associate company, Grand Central Enterprises Bhd, have jointly invested in Malaysian-incorporated Grand Central International Management Sdn Bhd, whose principal activity is hotel management services and which was previously a wholly-owned subsidiary of Grand Central Enterprises. Following the joint-venture in
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      • 114 4 KUALA LUMPUR Ayer Hitam Tin Dredging Malaysia Bhd slipped into the red with a M 524.781 million (S$ 14.87 million) consolidated operating loss for the year ended June 30, 1991, from a consolidated pre-tax profit of M 55.126 million a year earlier. Releasing its
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      • 75 4 SINGAPORE Dunlop Estates Bhd, Bandar Raya Developments Bhd and Matang Holdings Bhd have agreed to sell to Kuala Lumpur Kepong Bhd their entire equity interests of 20 million shares in Susuki Sdn Bhd for MsB million cash. Susuki is involved in plantation development and the
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    • 422 4 MBT KUALA LUMPUR Malaysian Oxygen (MOX), in keeping pace with the country's economic growth, plans to construct a new Ms4s million (Ss27 million) air separation plant in Pasir Gudang, Johor. Work on the plant, the company's second, is expected to commence
      MBT  -  422 words
    • 401 5  -  By Dexter Lee SINGAPORE Leading European helicopter manufacturer Westland Group pic is boosting its marketing efforts in the Asia-Pacific, now that members of the North Atlantic Treaty Organisation have cut military spending sharply following the end of the Cold War. In particular, the UKbased
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    • 422 5 Four major trading houses expected to outperform Hang Seng Index HONGKONG Pile into the hongs, is the New Year's message from Hongkong broking houses. Analysts expect the territory's four major trading hongs to outperform the Hang Seng Index this year, following a mixed 1991, the
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    • COMPANY BRIEFS
      • 110 5 TOKYO Trading house C Itoh and Co Ltd will launch a wholly-owned subsidiary in March this year in Shanghai to start business to develop the city's Pudong District, one of China's national development projects, a C Itoh spokesman said. It is the first
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      • 107 5 LONDON British jewellery chain Ratners pic, whose chairman last year described one of its products as "crap", was to have held a crisis meeting on Monday amid market talk that the crucial Christmas sales period had been far from merry. Ratners shares fell another four
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      • 96 5 SEOUL The founder of South Korea's Daewoo Group, the country's fourth largest conglomerate, said on Monday he would visit North Korea next week to discuss joint business ventures. A group spokesman quoted chairman Kim Woo Choong as telling local reporters that he and eight
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      • 81 5 PARIS French sugar and paper firm Groupe Saint-Louis will pay for its 13.8 per cent stake in water-to-cheese group Source Perrier SA with its cash holdings, Saint-Louis chairman Bernard Dumon said. Dumon told a shareholders' meeting that the stake, bought last Friday, would cost Saint-Louis slightly more
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      • 84 5 TOKYO NEC Corp is negotiating a deal with US company Control Data Corp, that it hopes will expand its supercomputer sales abroad, an NEC official said, without giving further details. NEC hopes the deal, with CDC's computer products branch, will help open foreign supercomputer
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    • 498 5 Reuter NEW YORK International Business Machines Corp will introduce a notebooksize personal computer to the US market next month, marking its belated entry into the fast-expanding area, industry sources said. The machine, to be unveiled on Feb 25, will weigh about six
      Reuter  -  498 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 170 5 redit Lyonnais Rouse is one of the many financial and banking institutions that form about 60% of Singapore Telecom's International Toil-Free Service (ITFS) subscribers. With the service, Credit Lyonnais Rouse's clients abroad can call free-of-charge to them directly to seek their HOW advice on treasury and foreign exchange rates. AN
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 115 6 BASEL, Switzerland The Gulf War and upheavals in Eastern Europe led banks reporting to the Bank for International Settlements (BIS) to act more cautiously in the first half of 1991 than in the previous period, BIS reported yesterday. The Monetary and Economic
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      • 135 6 TOKYO Japan's Mitsubishi Bank Ltd said it would cut the short-term prime lending rate by 0.625 percentage point to six per cent a year on Friday. Another major Japanese commercial bank, Tokai Bank Ltd, said its short-term prime lending rate would be lowered by
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      • 117 6 TAIPEI Taiwanese investors got a fraction of their money back on Monday from the collapse of the island's second largest underground bank 1.4 cents on the dollar. A liquidation committee organised by investors issued certificates worth NT$2,lOO for every NTS 150,000 originally deposited in the Fortune
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      • 95 6 COPENHAGEN Insurance and investment group Hafnia Holding A/S said it expects a net loss for 1991 after failing to persuade rival Baltica Holding A/S to merge their insurance businesses. In a statement to shareholders, Hafnia said a merger would have given sizeable economies of scale and
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    • 229 6 SINGAPORE DBS Finance has introduced variable interest rates for some car loans. Touted as Singapore's first hire purchase scheme with variable rates, Flexi-Drive Financing has its interest rate pegged at one per cent above DBS Bank's prime rate, currently 6.5 per cent. (DBS Bank is
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    • 472 6  -  By Quak Hiang Whai SINGAPORE Temasek Holdings Pte Ltd, which offered to buy out the remaining stake from some 150 financial institutions in Export Credit Insurance Corporation of Singapore Ltd, has raised its stake to 87.4 per cent. At the end of the
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    • 193 6 SINGAPORE The Export Credit Insurance Corporation of Singapore, now 87.4 per cent owned by Temasek Holdings Pte Ltd, has obtained a US$5O million loan put up by 10 financial institutions. Lead arranger ABN-Amro Bank, which won the mandate in December last year, sent out
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    • 273 6 AP NEW YORK US commercial banks, heeding regulators* call to raise capital levels, tapped the financial markets last year for US$29 billion, a huge increase from 1990 levels. The infusion of capital is a sign that banks* troubles, while severe, may be
      AP  -  273 words
    • 219 6 SINGAPORE Stiff competition is driving more of Singapore's retailers and credit card issuers to join forces. Yesterday, United Overseas Bank and the Tung Lok group of restaurants announced their co-brand card, the third such partnership reported. The other two groups known
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    • 231 6 Reuter LONDON The Soviet central bank, Gosbank, will probably transfer its 35 per cent shareholding in Londonbased Moscow Narodny Bank Ltd to the Russian central bank within the next week, a Moscow Narodny spokesman said. Bill Newman, assistant general manager,
      Reuter  -  231 words
    • 526 6  -  From Shirish Nadkarni in BOMBAY THE Credit Rating Information Services of India Ltd (Crisil) stirred a tempest in the market when it gave Reliance Industries Ltd's mega-is-sue of debentures a rating of AA++ which fell short of the company's and the market's expectations
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    • 296 6 BCCI winding-up AFP WASHINGTON Panama has challenged a plea bargain settling criminal charges against the collapsed Bank of Credit and Commerce International (BCCI), demanding damages for money it lost from the bank's illegal activities. The republic of Panama filed a lawsuit in a US district
      AFP  -  296 words
  • Page 6 Advertisements
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  • Page 7 Advertisements
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • 117 8 WASHINGTON Finance ministers and central bank governors of the seven G-7 major industrialised nations are likely to meet in the US late this month, US and European sources said on Monday. Japanese press reports a day earlier quoted officials of the
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      • 96 8 WASHINGTON The US military must be reshaped to fight conflicts like the Gulf War rather than the collapsed Soviet threat it is still geared to battle, says a key US congressman. "The Persian Gulf crisis and war highlighted the most important threats of the new
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      • 100 8 BEIJING China yesterday expelled three Canadian parliamentarians and a fourth member of an official delegation here to investigate human rights conditions. The team was expelled for "activities inconsistent with their capacities", a Chinese Foreign Ministry spokesman said. The MPs planned to go to Tiananmen Square yesterday
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      • 77 8 KUALA LUMPUR Malaysia's attempt to register and the status of illegal Indonesian immigrant workers may o<Jt succeed, Indonesia's ambassador said yesterday. "I am notjloo optimistic of it," Soenarso Djajusman told a news conference. Only 1,148 of 8,504 registration forms distributed by his embassy since Dec IS
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      • 77 8 KUALA LUMPUR A group of British businessmen from north-east England will be making a five-day visit to Malaysia from Jan 13 to identify joint ventures and trade opportunities in the country. A British High Commission statement here yesterday said the 29-member group from the
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      • 90 8 ROME Italy will be the third biggest debtor nation in the world by the end of this year, behind the US and Canada with foreign debts of 180,000 billion lire (***** billion), the Banca Nazionale del Lavoro said in a study published yesterday. The
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      • 77 8 DHAKA Border tension between Bangladesh and Myanmar has subsided as the two countries prepared for the second round of border talks yesterday, official sources said. The talks were to start at Bangladesh's south-eastern fishing town of Teknaf, they added. But, security sources said the Bangladeshi armed forces
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      • 98 8 LONDON Tourists heading for the sun were warned yesterday to beware of sleazy sex beaches and open sewers in a guide to the world's "worst" holiday resorts, liie Consumer Association, an influential British group which vets products and services, published a list of nine resorts in
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    • 613 8 Greater cooperation from Hanoi, pressure from US business NYT SINGAPORE Greater cooperation from Hanoi and pressure from the American business community for access to markets in Indochina are prompting the United States to hasten the ending of its long feud with
      NYT  -  613 words
    • 203 8 Reuter JAKARTA Indonesia's Finance Minister yesterday said Japan, a major aid donor, is unlikely to follow other countries and suspend fluids over the army's killing of mourners in East Timor. "Informally, we gather the Japanese attitude is still positive," Finance Minister
      Reuter  -  203 words
    • 367 8  -  By Shoeb Kagda SINGAPORE The separatist Fretilin group was responsible for demonstrations that led to the bloody Nov 12 shootings in Dili, East Timor, the commission set up to investigate the incident said in its preliminary report. In its report
      367 words
    • 361 8 TOKYO Financial institutions have widely conflicting opinions about Japan's economic outlook for fiscal year 1992. But, says Nihon Keizai Shimbun, none see growth exceeding 4.1 per cent and most believe this year's rate will be the lowest since 1986. Then the economy grew only
      361 words
    • 379 8 AP NEW YORK The US$4l billion (Ss66 billion) trade deficit with Japan has been blamed for a range of afflictions in the US, from joblessness to indebtedness to the death of industries unable to compete. But many economists challenge the reasoning behind
      AP  -  379 words
    • 546 8 Reuter MOSCOW New plans to break up Russia's collective farms will radically change the agricultural system, a cause of decades of food shortages and crippling import bills. The reforms, outlined in a series of decrees by Russian President Boris Yeltsin, aim to encourage
      Reuter  -  546 words
    • 397 8 BANGKOK Thailand will push for the lifting of a trade ban on Thai wildlife exports imposed by the Convention on International Trade of Endangered Species (Cites) at its Jan 20 meeting in Switzerland, the Bangkok-based The Nation said on Monday. Cites,
      397 words
    • 447 8 Demand for food donations and business at pawnshops on rise Reuter TORONTO Vanishing jobs, growing reliance on food donations and a booming pawnshop trade are signs that an economic downturn is battering Ontario, Canada's industrial heartland. About 140,000 people used emergency food banks in the
      Reuter  -  447 words
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  • Page 9 Advertisements
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  • 516 10 EDITORIAL Traditionally, the start of a new parliament term provides a nice neat point for the government to take its bearings taking stock of the ground covered thus far and mapping out the journey ahead. The state of the union address President Wee Kim Wee
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  • WHAT THE OTHERS SAY
    • 283 10 THE RELATIONSHIP between Singapore and the United States has survived the gigantic transformation of the world because it is based on a fundamental commonality of interests. Singapore is committed to a world order in which the rule of law prevails and free trade creates prosperity, and the
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    • 115 10 PRESIDENT GEORGE BUSH's visit strengthened bilateral ties through better economic relations that benefit Singapore, and Asean as well. More trade and investments can be expected to come from the US to this region. But Singapore's agreement to house a small part of the logistic needs of
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    • 105 10 THE RECENT VISITS by US President George Bush and China's President Yang Shangkun illustrate the rising status of Singapore in the international community and reflect the importance given by the major global powers to this region. During the past year, relations between China and Asean improved following
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  • REGIONAL VIEWPOINTS
    • 130 10 CONCERN has been expressed in Australia and Singapore that the festering of trade problems between the United States and Japan will have adverse effects on overall US-Japan relations. Dissipating such fear is one of the biggest tasks facing the leaders of the two countries
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    • 83 10 AND SO the hectic party switches continue. The state of flux has prompted Democrat Party leader Chuan Leekpai to declare that his party will not welcome politicians who have the habit of jumping from one party to another before an election. At this stage, any talk
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    • 70 10 THE GOVERNMENT has failed to explain both the concept of the new tax system and its mechanics. Information about how it will be collected and refunded is equally vague. None of that makes VAT a bad tax. But until the business community and the public
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  • 934 10  -  Reporting from Jakarta, Teh Hooi Ling profiles Mochtar Riady founder of the Lippo group and Indonesia's ace financial troubleshooter Teh Hooi Ling AS A young man, Indonesia's best-known financial troubleshooter, Mochtar Riady, didn't even know what a balance sheet was. But the former
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  • Page 10 Miscellaneous
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  • ANALYSIS
    • 1234 11  -  Ray Heath reviews the London stock market's performance last year and hands out some awards Ray Heath THE SURPRISE of the London stock market last year was that it performed so well. A 12 per cent rise was hardly world-beating according to
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    • 2416 11  -  In an exclusive, wide-ranging interview, Cambodian Prime Minister Hun Sen tells Harish Mehta about his political alliance with Prince Ranariddh Sihanouk; the slow pace of the reconstruction of his country; the future of Cambodia's relations with Vietnam, Russia and Singapore; and the possibility of
      2,416 words
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    • 88 11 —-n X BIOX X BIOLOGICAL S 1 RUST REMOVER V I I j Non-Acid Base Harmless to rubber, j Non-Toxic wood, paint, PVC, Non-Hazardous packing grease, stone, C Biodegradable chrome, metal. Non-Flammable No Noxious Fumes L* Non-Corrosive REMOVES RUST AND VERDIGRISiy WHAT IT DOESN'T DO MAKES IT V~ THE SAFEST
      88 words

  • Page 12 Advertisements
    • 850 12 Nothing Beats A ButLft&Vfll where to wine, dine or X SPICE II (P IT W W CAFE PLAZA W Sjpyfe 2 3 1 JANUARY Vi" yam f>an S£ an Adobo Pork- Jp Green Curry Chicken. As a V 'Am/ 1 seasoned diner, you'll find our \/r^ > Ww Asean buffet
      850 words
    • 279 12 (Jrrdba mtd -foday f Only 4 weeks to enjoy all your 11 favourite dishes in our delectable Jill Italian spread. Better hurry... Mil H9 ?|J ttt floor Irl f A A WM V*> xrar the world to you at The Mvedrrr QMrnatmnffi'' ttwqr**' 111 Orcftard Road Slnpporc 0421 M *****11
      279 words
  • Page 12 Miscellaneous
    • 711 12 TELEVISION AND RADIO m 1 r-«-i •AO "gilr -> I Choice). 7.18 Prayer Call. 1 I W I B ■■<< 11.10 Power Hits USA (Music, 7.22 Samb Jendela Duma. .•.•>:: I IlMrilJl ll>l I I ITT Stereo > 7.30 New Kids On The Block X A lCllltl UICU A XXX
      711 words

  • LIFESTYLE
    • 236 13 CHATTERBOX YOUNG Indian hopeful Viswanathan Anand pipped world chess champion Gary Kasparov to win the Reggio Emilia tournament on Monday and achieve the best performance of his career. Anand, 23, won his final game to finish a half-point ahead of Kasparov in the tournament which carried a
      236 words
    • 527 13  -  Paul Simon's tour of South Africa may pave the way for other major concerts, reports Rich Mkhondo Rich Mkhondo Reuter WHEN Paul Simon steps on stage in Johannesburg on Saturday, he will end South Africa's years of cultural isolation when Sounds of Silence echo round
      Reuter  -  527 words
  • Page 13 Advertisements
    • 229 13 AND ENTERTAIN 6£s ># X> *J* A PPWWBHM Monday Western Delights Tuesday Chinese Savouries Pv** jMfrj|)B Wednesday Malay Temptations Thursday Indian Favourites Friday Italian Raptures Lunch in a Flash Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $19.50++ per person. A ANA HOTEL
      229 words
    • 333 13 m. yr~ II Wm/ Classical Japanese food Prepared In The True Kaiseki Style. Complete mi Lunch from $18.00+ Sushi Set Lunch from $18.00+ Tempura Chawanmushi Set Uiiidi at $20.00+ You Don't Hmn To BtA Member to Enpy Fmt Dtntng V Nishw Restaurant s Marina Bay Golf Country Club 6 Marina
      333 words

  • THE LAW PAGE
    • 733 14  -  Multi-level and pyramid selling operations are prohibited in Singapore. All direct selling businesses, to be effective, need to be multi-level, but today, legislation in Singapore makes companies who believe they are in a legitimate business nervous. They would like to see changes. David Gabriel
      733 words
    • 499 14 CASE, TEO SOH LUNG V THE MINISTER FOR HOME AFFAIRS AND OTHERS High Court of the Republic of Singapore, S/C No 4980/91 Justice F A Chua. THIS case came as an appeal from a decision by the Senior Assistant Registrar in respect of the bill
      499 words
    • 518 14 CHOW KHAI HONG V THAM SEK KHOW AND OTHERS Court of Appeal of the Republic of Singapore, DC (T) Summons No 7382 of 1986 Justice Yong Pung How, Chief Justice and Justices LP Thean and M Karthigesu. THIS appeal came before the Court of Appeal for
      518 words
  • Page 14 Advertisements
    • 212 14 THE TOTAL CONCEPT with sky atriums in the office tower. A totally self-contained A spectacular 5-storey office lobby development of offices, shops atrium to dignify your office. and apartments with i Panoramic view of entertainment, j1 theseaand the cit y* recreation and hospitality .1 AFFORDABLE services. ~frf LOCATION In the
      212 words

  • Page 15 Advertisements
    • 846 15 49. At last, the dismantling of 75. The romance and beauty of A hundred milestones in the apartheid In South Africa. William Wordsworth's poetry. hiStOrV of Mankind. 50. Launch of the American space 76. Carl Linnaeus'categorisation shuttle Columbia. of all known flora and fauna in 1. Discovery of electricity. 24.
      846 words

  • Page 16 Advertisements
    • 56 16 100. Xt i *TMT'v X i ±<jrjmi i i 455*3** W*err1, SBK' +n**m. .**gmmu 2JKC£ ''2255*-- M 4» «r «w jflE 4^H "fiSSE. ,aagtSKB **3*M j<- m >ou are invited to view the new Mercedes Benz S-Class in our Showroom al 239 Alexandra Road between 9.00 am and 7.00pm today.
      56 words

  • Page 17 Advertisements
    • 85 17 ULi&i?? I- xsrsi^r-" :U»fc 2MT •m nr-> i h *^Bs* 6 •c*? -r» <**&**> v *mb#s*+ < '<- A ->s >..*' «-'"'•i ■r i« »*"22pSe. •«r W> :>■ 2fcs|SE >''jbh.' J '/.A- "v* Vf,6 3f K ?SSE 11 li -if' .v,^|g m 'M:SM s I|b «.*«.■L&gteiM£&.famM&'iJ* M *•fe"- sdisoi>l^^Bk^'' v
      85 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3685 18  -  By Dexter Lee SHARE prices on the Singapore stock market closed marginally higher yesterday on increased turnover despite dips in the New York and Tokyo bourses. The key Straits Times Industrials Index inched up 0.64 of a point to close at
      3,685 words
    • Article, Illustration
      65 18  -  By Chew Eng Han Comment AS EXPECTED, support at $2.25-$2J0 held well early last December, and the stock is now probably enroute to test resistance at $2.70-$2.73. Triangle scenario shaping up well, which means a drop to $2.10 is possible after a test of $2.73. Suggest taking profits
      SOURCE: PONT DATA  -  65 words


  • 3283 20 Boustead 50« 173 +18 +116% Uniphone Tel 176 +14 +8.6% MISC Foreign 486 +10 2.1% H Leong Credit 201 +6 +3.1% Bolton 115 +5 4.5% Keck Seng 175 >-5 +2.9% MAA 112 +5 *4.7% Oriental Hldgs 535 M +0.9% Esso 50« 386 4 +1.0% Multi-Purpose
    3,283 words
  • Page 20 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4968 21 Bernama A RETREAT in Tokyo following the uncertainty on Wall Street overnight dampened sentiment on the share market in Kuala Lumpur yesterday and prices ended narrowly mixed as profit-taking erased opening gains. Prices had opened firmer on spillover interest from Monday's rally.
      Bernama  -  4,968 words

  • STOCK EXCHANGE OF THAILAND
    • 2196 22 Reuter INVESTORS yesterday sold major bank issues after their strong price rises on Monday and turned to buy blue chips in the construction sector. Siam Cement hit its 10 per cent ceiling and was 54 baht higher at 632. The giant producer of
      Reuter; SOURCE: PONT DATA  -  2,196 words
  • JAKARTA STOCK EXCHANGE
    • 1095 22 JAKARTA stocks closed lowerin higher turnover yesterday, brokers said. The official index fell by 1.49 points to 248.27, while volume jumped to 6.21 million shares from to 3.95 million on Monday. Nickel company Inco closed SO rupiah lower at 3,300 in turnover of 525,500
      1,095 words
  • Page 22 Advertisements
    • 438 22 BUSINESS TIMES Toll tr*e Tet No 737 0043 Fax No: 734 3696 M THE MATTER Of THE COMPANIES ACT. CAP. 50 TIEN HOLDINGS PRIVATE LOTTED MEMBERS" VOLUNTARY LIQUIDATION At an Extraordinary General Meeimg of the Company held at 36 Robinson Road. *15-00 City House. Singapore 0106 on the December 31.1991
      438 words

  • BT SHARE INFORMATION SERVICE
    • 314 23 Cui Oat* Year Groep Net Net earnings Cross ami to preAt/loss (L) per sliare dividend ('OM) (cents) SPH Dec 24 Aug 91 $153,802($133.374) 62 6(54 3) 25(30) Ind Oxygen Dec 14 Jun 91 M$21.269($16.754) 4 7(6 5(4 5a) Seal Inc Dec 13 Jun 91 M$648($8,476) 1 4(21.2) 2TE(6TE)
      314 words
    • 144 23 Company Date Yaar Groap pra-tax Nat earnings Grow ann to praflt/toM (L) par shara dividend (•000) (cants) KL Kepong Dec 27 Sep 91 M$85.468($84,804) 15.3(14.8) 15(15) Pacific Can Dec 24 Sep 91 $138($l,387l) 0.2(-) Van Der Horst Dec 24 Sep 91 $2.960($2.800) 4.7(4.2) 1(1) Wearnes Dec 17 Sep
      144 words
    • 551 23 Company Date Half-year Group pre-tax Interim ana to profit/loss (L) dividend COOO) Potyteh Dec 31 Sep 91 $489l($1.958) Sateras Res Dec 31 Sep 91 M$2,023 ($4621) FAC8 Dec 30 Sep 91 M$5.255($4,861) Set Dredge Dec 30 Sep 91 M$2.391($579e) I mate* Dec 27 Sep 91 M$3,2701(12,6151) KUH Dec
      551 words
    • 600 23 Jan 6 MC Holdings has ordered a new Handymax bulk carrier at a cost of HKs2olm from Sumitomo Corporation of Japan. Shipbuilder Singmanne Dockyard Engineering, a member of the Keppel Corp conglomerate, has clinched another $17m contract from Thai Oil Company to build a liquified petroleum gas carrier.
      600 words
    • 1624 23 Trans Registered Substantial toy/ Mo. of Amount Shareholding Stock Dato Holder Shareholder/Wrect or Soil shares Before After NatSteei 03/02/92 Street Names DBS Bank S 1,000 4.633.550 40 393.698 19 02 40,392,698 19.02 F&N 02/01/92 Oversea-Chinese Banking Corpn Ltd B 3.000 26,486 000 42,002.720 23.81 42,005,720 23.81 StA
      1,624 words
    • 591 23 Current Ex Books Date Total lor Total tor HWt date ctoM payaMe the year last yoar ACS 50c 12%(b) Oec 30 fan 14 ton 21 12% 10% Km* StM 50c 10% Dec 9 Oec 23 Ian 20 20% 20% Aaa Pacifc 18%N tan 9 tan 21 tan 29
      591 words
    • 511 23 Main Board Last Full Yaar Caipany Period Oat* Yaw Net EPS toss Nat araiKid «ndnc (cwrtj) *r pra«t last yaar (S"000) EMS Fnal Nov 6 U 91 3 0TE 17.8781 C<r*7«MfTt Intenm Jan 25 Jun 92 5.0 5.8 13.549 Khonf Guan Interim lan 31 Apr 92 4.0 619.2181
      511 words
    • 518 23 Company Rights tmw Mance Tech Oi»tor-one >1.00 P» share Baiter tssue of $90 978m nommal amount of 3.5* Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of 12 nominal amount of Bonds for every three existing stares Md Every S2 nominal amount of Bonds
      518 words
    • 122 23 Jacks Memitkrai Ltd: EGM at 11 Jalan Lembah Kallang, Singapore 1233, Wednesday, Jan 8, at 11am. Jurong Cement Ltd: EGM at 2 Finlayson Green #03-08, Asta Insurance Buikkig, Singapore 0104, on Thursday. Jan 9, at 11am. Metraptei Bhd: EGM at Sabah Room, Level 3, Putra World Trade Centre.
      122 words
    • 106 23 Con vers ion Special Trd» Scriptess Conversion deadline Period Iradiag Company starts (IDP) (ST) starts City Dev Dec 26 Jan 16 Jan 6 Jan 16 Jan 17 H Nt*ara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTP Hldgs Sep 16 Oct 10 Sep 30 Oct
      106 words
    • 223 23 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mt 1252.59 (7/1/92) 1992 l*r 1501.09 7/1/92) 1992 tow 1232.84 (2/1/92) 1992 Imt 1479.35 (2/1/*) J 1991 Mt 1333.08 (3/6/91) 1991 M* 1565.58 (3/Mfoy 1991 tow 1022.52 (16/1/91) 1991 tow. 1149 08 1990 tyt 1435 43 (16/7/90) 1990 h*t 1607.12
      223 words
    • 372 23 In local cwt la S$ la US$ S d> >t dy yr dy yr Jan 6 Index chge chge chge chge chge chge World 413.7 0.9 15.5 1.1 9.9 1.3 17.?/ iEAFE 512.0 1.6 8.9 2.2 5.4 2.4 118/ Europe 414.4 -0.1 13.7 0.9 3.8
      372 words
    • 173 23 Company Rights Issue An Pac Ljnd Four-tor-seven fc MSO 50 pet share Ei-date Jan 3 Books dost: Ian 17 Acceptance Payment NYA Oty Dn Renounceabie rights issue on the bass of one-tor ten $2 85 per share Ex-date: Dec 9 Books dose Dec 19 Acceptance t Payment tan
      173 words

  • Page 24 Advertisements
    • 275 24 1 2. Go around 'bureaucratic circles'; JL V VMk 111 N faxing, writing and calling your card 11 I^III requesting an your I credit limit. (Tsk, really.) pi ■mm UuuU 3. Budget, cut corners and grudr I I I gingly accept a traveller's lifestyle that's way below Frankly, not attractive
      275 words

  • FOCUS
    • 633 25 Slashing cost reductions and low interest rates will help US corporations reap substantial profit gains in 1992 if the US economy turns around as widely anticipated. Reuter WALL Street analysts tracking individual companies expect 1992 operating earnings among the Standard Poor's 500 grouping
      Reuter  -  633 words
    • 600 25 Forecast for Japan JAPANESE corporate earnings forecasts by 11 economic institutes affiliated with securities firms in the country continue to be bleak, mainly in the manufacturing sector. The Nikkei Weekly reported over the weekend that all of the institutes revised downward earnings forecasts made public in September
      600 words
    • 416 25 Forecast for Britain Reuter COMPANY receiverships are expected to remain high in 1992 as the British economy struggles to recover from recession. A survey by accountancy group KPMG Peat Marwick released during the weekend said receiverships rose 56 per cent in 1991 to 4,112, and a
      Reuter  -  416 words
  • Page 25 Advertisements
    • 697 25 A i M||ll *$<~ JA lj ,~*J&isjj > >x.( 'IflB? 1 ACCEPT MO LIMITS BUT VOIIB OWh. I~ YES! I want to apply for the new DBS Definitive MasterCard/VISA Charge Card. SENO form TO DBS CARO CENTRE PTE LTD j for official use 68 ORCHARD ROAD received #06-03 PLAZA SINGAPURA
      697 words

  • TOKYO STOCK EXCHANGE
    • 2651 26 Reuter STOCKS ended easier on profit-taking following their two-day surge. The market had finished adjusting to Dec 30's discount rate cut, and was back to treading water in thin trade. But the strong yen and falling short-term interest rates underpinned sentiment. The 225-share Nikkei average
      Reuter  -  2,651 words
  • STOCK EXCHANGE OF HONGKONG
    • 2622 26 AP SHARE prices soared to a record high on the local stock market yesterday, with the Hang Seng Index gaining 40.96 points or 0.95 per cent to close at 4,347.93. Turnover was HKS 1.405 billion, up from Monday's HKS 1.22 billion. The market
      AP  -  2,622 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2417 27 Reuter THE Australian share market closed lower yesterday in dull trade with investors suffering a bdut of anxiety over expected interest rate cuts. Brokers said the market was trading on rumours that a cut would be announced yesterday but it would be less
      Reuter  -  2,417 words
  • REGIONAL STOCK MARKETS
    • Profit-taking fails to dampen Manila bourse
      • 504 27 SHARE prices closed mixed yesterday after the week-long market rally paused on profit-taking, but gains pushed the Manila index to a new 25-month high. The composite index rose 10.24 points to close at 1,241.48, the highest since November 1989. Brokers said the market looked well supported by a bright
        504 words
      • 443 27 TAIWAN share prices finished higher yesterday as market sentiment remained optimistic on expectations of an interest rate cut as early as this week, brokers said. The weighted index closed 26.64 points higher at 4,718.81. Turnover was an active NT535.13 billion against NT533.89 billion. Brokers said profit-taking after recent gains
        443 words
      • 797 27 SEOUL stocks recouped part of an early 14-point loss yesterday but still closed lower due to active local selling as foreign buying began to slow. "Trading was very volatile. Most investors seemed to have no distinct instinct for future direction," Lucky Securities analyst Won Chul Hee said. Foreign interest
        797 words
      • 206 27 PROFIT-TAKERS yesterday virtually wiped out Monday's 2.07 per cent rise in New Zealand prices, but on slight turnover. The NZSE-40 capital index ended 29.34 points down at 1,506.52 on turnover worth NZ$l3.2 million. A dealer said the market was difficult to read due to the low turnover but
        206 words
      • 53 27 INDICES TURNOVER Qaaa Piiitow Ju 7 NEW ZEALAND NZSE-40 Capital 1,506 52 1.535.86 -29.34 MANILA Compoaite Index 1,241.48 1,231.24 +10.24 1 Turnover (million) 703.6 1,260 -556.4 TAIPEI 1 Weighted Price Index 4,718.81 4,692.17 +26.64 Turnover (NTS billion 35.13 33.89 +J.24 SEOUL Compoaite Stock Index 645.27 650.10 -4.83 Turnover (billion won)
        53 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • Wall St closes mixed in choppy session
      • Article, Illustration
        1550 28 STOCKS closed narrowly mixed in heavy and choppy trading on Monday after the market failed to shake off widely expected profit taking, snapping a string of six record-setting sessions. Although the slight pullback also broke the Dow's spectacular 11-day rally, during which the blue-chip indicator amassed a hefty
        1,550 words
      • Article, Illustration
        762 28 SHARES slipped on Monday in London as profit-taking and lack of a positive lead from Wall Street put an end to their rises of the past two weeks. A flurry of orders initially pushed prices higher when many dealers returned to their desks after the holidays and started scrambling
        762 words
      • 255 28 DUTCH shares ended a quiet Monday session narrowly mixed with a slightly lower bias, recovering some of the ground lost towards midday after a firmer opening. The EOE index closed 0.56 points lower at 279.41. after ranging between a high of 281.25 and a low of 279.07. Dealers said
        255 words
      • 217 28 THE Frankfurt stock market lost a slight bit of ground on Monday, as the DAX spot trend indicator ended the session at 1,603.32 points, off by 0.30 point from the close last Friday. The index had advanced by 10 points early in the session, but was unable to hold
        217 words
      • 166 28 THE Paris bourse enjoyed a winning session on Monday, remaining on the general uptrend it has enjoyed since Christmas, operators said. The market resumed its usual appearance and pace in the wake of the Christmas and New Year's holidays, which kept many investors away, and the CAC-40 stock price
        166 words
      • 278 28 SWISS share prices closed higher on Monday but had to give up eariy gains as a mixed performance from share markets in London and New York weighed on investor sentiment, dealers said. The all-share SPI index, which had peaked at 1,078.5, closed 3.1 points higher at 1,071.6. The blue-chip
        278 words
      • 202 28 BELGIAN shares closed mixed on Monday with a higher bias in moderately active trade on the last day of the two-week trading account. The Bel-20 index of leading shares firmed 1.43 points to 1,104.53 with 666 million francs worth of shares traded. Of 54 shares traded, 18 rose and
        202 words
      • 357 28 INDUSTRIALS had another buoyant day on Monday amid continued strong support from both local and foreign quarters for quality stock, dealers said. Gold shares basically moved in tandem with world gold prices which bounced uncertainly around the US$35O-an-ounce level following news that Russia will end its state monopoly on
        357 words
      • 298 28 TORONTO stocks climbed marginally in late afternoon trade, boosted by strong showings in interest-sensitive and car industry stocks, traders said. Gold shares remained under pressure, with New York Comex gold dropping US$l.2O to U*****.30 an ounce. "Interest-sensitive shares did well. There's a pretty good chance we'll see a drop
        298 words
      • 197 28 INDICES TURNOVER NEW YORK (lose Previous Jan 6 Dow Jones SAP 500 Turnover (million) 3.200 13 3.201.48 417.96 419 34 251.21 224.27 -1.35 -1 38 26 94 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,906 5 2.493.2 486.6 1.901 4 2.504.1 450.6 5.1 -109 36 FRANKFURT DAX Index 1.603.32
        197 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1214 29 REPORTS THE US DOLLAR slowly edged lower in nervous late Asian trade yesterday, after dropping below 123 yen in Tokyo trade for the first time in more than three years. Mark sales for yen and dollar long liquidation against the yen triggered the
      1,214 words
    • 384 29 Cross rates j«n? USS SS MS Dm Yen SFr AS NZS USS 1.6230 2.7090 1.5180 123.50 0.5316 1.3450 1.3106 1.8165 SS 0.6161 1.6691 0.9353 76.0937 0.3276 0.8287 0.8075 1.1192 MS 0.3691 0.60 0.5604 45.5888 0.1962 0.4965 0.4838 0.6706 Dm 0.6588 1.0692 1.7846 81.36 0.3502 0.8860 0.8634 1.1967
      384 words
    • 534 29 Interbank rates S$ Bid Offer Overnight 2 5/8 2 3/4 1-month 2 11/16 2 13/16 2-month 2 11/16 2 13/16 3-month 2 11/16 2 13/16 Overnight mode: 2-13/16 US> Bid Offer 7 days 4 1/4 4 3/8 1 month 4 1/8 4 1/4 2 months 4 1/16 4
      534 words
    • 450 29  -  By Chew Eng Han SINGAPORE After hovering in a narrow band against the US dollar for the past few months, the ringgit has finally strengthened against the greenback and looks set to continue to rise in the coming weeks. With Bank Negara
      SOURCE: PONT DATA  -  450 words
    • 146 29 NYT TOKYO Amid growing concern about prospects for the once powerful economy, some analysts and businessmen with major Japanese corporations say the Bank of Japan (BOJ) could lower its discount rate again, following a surprise move to cut the rate by a half-percentage point
      NYT  -  146 words
    • 1057 29 S1MEX EU«OOOUJU> Open High Low Sett Est Voi Op/Int Vol Mar 92 95.96 9198 9195 9SM 6700 ***** 4972 Jun 92 95.86 95.88 95.85 95.87 5200 ***** 3935 Sep 92 95.65 95.70 95.65 95.69 4800 8293 1954 Dec 92 95.20 95.25 95.20 95.24 1850 2348 1214 Mar 93
      1,057 words
  • Page 29 Advertisements

  • COMMODITIES
    • 318 30 Reuter NICOSIA Iran, describing flooding of the oil market as treason, said on Monday it was in contact with other Opec members including Saudi Arabia in a bid to reach a balanced oil price. Several Opec members have voiced concern over
      Reuter  -  318 words
    • 365 30 Reuter LONDON Economic uncertainty in 1992 is expected to prevent any significant price recovery in base metals, making for dull outlook this year, analysts predict. A deteriorating economic outlook, weak demand growth and another year of high exports from the former
      Reuter  -  365 words
    • 828 30 REPORTS THE price of tin on the Kuala Lumpur Tin Market was up by 23 sen yesterday, closing firmer at $14.80 per kg due to small offerings. Dealers attributed the market price held was artificially high as there was no concrete
      828 words
  • 1371 30 Rubber Jan 7 1 II Noon Close Int 1 RSS Prompt IM 1 RSS Feb 92 Int 1 RSS Mar Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP 128.00/I29.00N 128.50/129.00 *****/129.50 127.00/128.00N 124.00/125.00N I22.5Q/I23.50N 118.50/119.50N I27.50/128.50N 128.00/128.50 128.50/129.00 I26.7V127.75N I23.7VI24.75N 122.25/123.25N
    1,371 words
  • Page 30 Advertisements
    • 531 30 BUSINESS TIMES Tod fr*« 1W No 737 0043 Fax No: 734 3006 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND N THE MATTER OF KNG TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditore of the abovenamed company, which is being voiuntarty wound
      531 words
    • 484 30 N THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF KNG TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290 (2) (b>] At an Extraordinary General Meeting of the company held at 460 North Bridge Road #04-03, Singapore 0718 on
      484 words
    • 7 30 Enterprise Management in Business Times every Monday
      7 words

  • THE TRAVEL PAGE
    • 1159 31 City FlgM ETA FHrfrt ETD Mta DtoW GA895 1235 GA974 0001 GA886 0010 Xlllldl QF81 2010 SQ227 EPS QF82 EK11 Amtwtfaai GA895 1235 GA974 0001 KL837 1340 SQ24 2215 AllMM 0A471 0015 0A472 2240 SQ35 1650 1700 NZ22 1820 SQ388 2035 »Mtar Sari BI421 1105 SQ182
      1,159 words
    • 604 31  -  POSTCARD FROM WYOMING By Kurt J Repanshek Huddled on the north-eastern shore of Jackson Lake, the cluster of log cabins resembles a hunting camp more than a major research centre. Some of the buildings date back to the *****, and wood stoves must be
      604 words
    • 153 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2316 1.2483 Canadian dollar 1.4054 1.4338 NZ dollar 0.8805 0.9165 Sterling pound 3.0398 3.0809 US dollar 1.6190 1.6260 Local dollan to 100 anits of foreign cwi entry Austrian schilling 15.08
      153 words
    • 68 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jan 12-19 Do-U-youndf Utrecht, Koninklijke *****55.911 Jan 14-18 International Valencia, Feria Muestra- ********** 1992 Trade Show Netherlands Nederlandse 1992 Fair of Home Spain rio IntemacioJaarneurs Textiles nal De Valencia Jan 14-17 Aerospace NEC, Centre 021-*****18 Decoration 1992
      68 words
  • Page 31 Advertisements
    • 45 31 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. We Know Europe from Mart to Hmaah
      45 words
    • 7 31 Advertising Marketing in Business Times on Thursday
      7 words
    • 425 31 DONT MISS AN EVENT THAT PROMISES YOU THE EARTH Your business faces tough Mitsubishi Petrochemical and SOCLA. Six solutions. With the theme "It Pays to environmental challenges everyday. You group participants from the UK, the USA, Manage Our Environment", the conference can meet these challenges and protect your Canada. Japan,
      425 words
  • Page 31 Miscellaneous
    • 194 31 5 Next I'd been surrounded p—^^^^ by a swarm of bees (6) 8 Desire merely in a malicious way (8) M 9 Where you're going to J|^|H make your speech? (7) 10 School procession (5) 12 I 11 Blast! Mother has people ■88-—-JML—JHR—— Lj coming I 13 Pass one the
      194 words
    • 159 31 Singapore Outlook: Fair except for shower* over a few areas in the afternoon. Report Maximum temperature 31.2 Assoc humidity 61% Minimum temperature 24.2 Assoc humidity 97% Hours of sunshine 6.8S Rainfall in mm Trace Rainfall this month 2.1 Rainy days this month I World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/17
      159 words
    • 46 31 f good neAVGNS 'toe: Re. e>dryi\/ it ujould be h u*ws TH\S Mep\R °y J 9TL-"2^. s me I TO S*£ I *(3ouT GO!NS\ J \XOU.HON£STuY..M r\ OH OJINTeR ;^\CO>NGJDeNCe,. y-^l Twic. viciNiry of fuw&oys s** 'UZIMBL Uf\ P»ST£, DROP IN 7 A (SSM! I'm LISTENING.r\
      46 words

  • 584 32 US leader extols virtues of free trade on his arrival in Japan Agencies KYOTO US President George Bush preached the virtues of free trade yesterday as he opened a politically delicate visit to Japan designed to help the struggling American economy and his
    Agencies  -  584 words
  • 370 32 AFP TOKYO Japan announced yesterday a further US$5 billion in trade insurance to boost exports by US companies as part of a series of measures to promote purchases of foreign products. The International Trade and Industry Ministry also said that 23 Japanese
    AFP  -  370 words
  • 330 32 Agencies VIENNA North Korea announced yesterday that it will finally sign an international nuclear safeguard accord late this month and allow inspections of its nuclear facilities. Political analysts believe that the move means that what was unthinkable just a few months ago
    Agencies  -  330 words
  • 472 32 Reuter TBILISI Georgian rebel leaders pledged yesterday to hunt down fugitive president Zviad Gamsakhurdia and bring him back for trial. Mr Gamsakhurdia, 52, fled into neighbouring Azerbaijan on Monday after losing a bloody struggle for power in Tbilisi. But there was no
    Reuter  -  472 words
  • 129 32 AP BANGKOK The government is preparing to abolish a state-fixed ceiling on commercial banks' loan rates in a move to liberalise the country's financial markets, senior officials said yesterday. The Finance Ministry customarily has fixed the loan rate to exercise better control over private
    AP  -  129 words
  • 455 32 Reuter BEIJING Chinese and US negotiators will meet on Friday in a Final attempt to head off a trade war but Beijing is ready to retaliate against some US$l.2 billion (551.94 billion) worth of US exports if the talks fail,
    Reuter  -  455 words
  • 428 32 Reuter NICOSIA UN condemnation of Israel's plans to banish 12 Palestinians from the occupied territories has been praised by the Palestine Liberation Organisation, which says the Security Council resolution has saved Middle East peace talks from collapse. While the United Nations' vote offered
    Reuter  -  428 words
  • 201 32 Renter MANILA Former Philippine first lady Imelda Marcos yesterday declared that she will run for president in May's elections, launching a political comeback six years after her enraged nation hounded her into exile. Money, fickle political loyalties and a proliferation of candidates in
    Renter  -  201 words
  • Page 32 Advertisements
    • 103 32 CHARTPOINT Every Saturday in Business Times Adult: $16.80+<> t lQjftO <r Child:slo.Bo+ .IT (under 12) Our lavish A la carte evening I menu offers you the unlimited servings of either Uve or steamed crab, boiled live prawn, barbecued prawn, steamed live fbh barbecued sting-ray, Japanese saba fish, sambal mussel, barbecued
      103 words
    • 120 32 CHARTPOINT Every Saturday in Business Times 3 FOOD AND ENTERTAINMENT COMPLEXES AT MARINA SOUTH LEISURE PARK UNDER INSTRUCTIONS FROM THE MORTGAGEE BANK 111 —WP—df 1) LOT 139 TS 30 ("MARINA 3) LOT 121 TS 30 ("GARDEN FOOD VILLAGE") CENTRE} A series of low-rise buildings A series of single storey buildings
      120 words

  • Shipping Times
    • 405 33  -  Strong growth in shipments to and from Japan By Rahita Elias SINGAPORE Air cargo volume through Singapore registered a nearly 2 per cent rise in November last year after experiencing two straight months of falls. According to the latest figures from the Civil
      Source: CAAS  -  405 words
    • 159 33 AFP COPENHAGEN SAS airline pilots have rejected longer hours and a wage freeze, Danish Pilots' Association president Eigil kragh said here on Monday. He said that the pilots rejected the increase of four hours and 35 minutes in their work week ordered by
      AFP  -  159 words
    • 335 33 Reuter CHICAGO The three biggest US airlines reported strong December traffic gains on Monday and led the troubled industry to its first gain in a year. Analysts cautioned that the traffic was still not strong enough to lead the industry back to health
      Reuter  -  335 words
    • 487 33 AFP MANILA The Philippines privatisation programme is likely to slow down and the sale of Philippine Airlines (PAL) may not be completed during the term of President Corazon Aquino, officials said yesterday. Jose Sison, trustee of the government's Asset Privatisation Trust (APT), said
      AFP  -  487 words
    • NEWS SUMMARY
      • 60 33 US CAR SALES ended 1991 on a positive note, but that upturn in the final 10 days capped the weakest year since 1983 and one in which the industry performed far worse than many experts had predicted. Adam Bryant takes a look at
        60 words
      • 40 33 CADILLAC took the wraps off a powerful new multi-valve engine, the Northstar. on Monday. The engine is intended to make the General Motors division more competitive with German and Japanese luxury car makers Back Page
        40 words
      • 59 33 EUROTUNNEL hopes to present its board with a settlement of its costs dispute with Transmanche Link (TML), the consortium building the channel tunnel, in February A deal to settle the dispute, mainly about the costs of completing the so-called lump-sum works at the tunnel's
        59 words
      • 44 33 MERCEDES-BENZ is taking a 31 per cent stake in Avia. Czechoslovakia's third largest truck company. The deal appears to confirm the skill of German companies in beating competitors in the race to acquire Czechoslovak companies Back Page
        44 words
    • LOG BOOK
      • 87 34 MONTREAL The International Air Transport Association said its members' traffic increased 7 per cent in November 1991 from November 1990. Traffic in the first 11 months of the year was down 5 per cent. "The turnaround in passenger traffic seen in October continued
        87 words
      • 82 34 LYNCHBURG, Virginia A USAir plane was evacuated and Lynchburg Municipal Airport was closed for more than an hour after a passenger made a joke about a bomb. "The tlight attendant going through offered to take his briefcase and he made a remark, something to the
        82 words
      • 72 34 CALGARY, Canada The financially strapped Canadian Airlines International (CAI) said on Monday it had reached an agreement to sell and lease back a DC 10-30 aircraft with a Japanese investor. Under the deal, said CAI, which is a wholly owned subsidiary of PWA Corporation, the airline
        72 words
      • 65 34 SEATTLE. Washington Alaska Airlines, a subsidiary of Alaska Air Group Inc. said its December load factor rose to 56.6 per cent from 55.2 per cent in December 1990. The airline said revenue passenger miles for the month increased 10 per cent to 440.3 million from
        65 words
    • 185 34 THE DRY cargo market started 1992 with confidence severely dented by a steady fall in rates, traders said. The Baltic Freight Index fell below the 1,500 point mark on the Baltic International Freight Futures Exchange (BIFFEX) over the Christmas and New Year period, closing Friday at 1,489 points
      185 words
    • 1282 34 ACTIVITY in the dry cargo freight market on Monday was slow to get off the ground and few fixtures were reported, brokers said. A drastic mark-down by 10 points in the Baltic Freight Index to 1,479 reflected lower minerals routes, although panamax routes were steady to higher. The
      1,282 words
    • 1123 34  -  Tlie US car industry may have ended 1991 on an upbeat note but the year as a whole saw the industry performing far worse than many experts had predicted. Adam Bryant reports Adam Bryant NYT US CAR SALES ended 1991 on a positive
      NYT  -  1,123 words
    • 1216 34 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWarehousing 15 4 Arrow Inl 9 4 Asian Break-Bulk 16 5 ASXCL Shpg 15 2
      1,216 words
    • 6067 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,067 words
    • SHIPS IN PORT
      • 645 49 Vttul Voy No Berth Arrival Departure Vnsd Voy No Berth Amvd Departire Marina Terminal 1 Jurong Port Batam Baru B118 M03 alongside 0801/2300 JJIfEL. I 112 HSk 2o!S Batam Sayang *****2 M03 atongs.de 07 01/2300 22 08 0 1500 Btm Bahagia *****2 M05 alongsnte 07 01 2300
        645 words
      • 235 49 Da*4 > KHfOf 6 rOfl Berth: 1: Million No 3; 2: mi; 3: ml; 4: Pathum Navee; 5: i Sea Concert; 6: Chaiya Bhum. 01 jetty: Cerlang. DC J: Jati. I Due on Jan 7: Bum Han. Nur Marina, Soon Hoe. Sea Diamond. Barge Sea Maco I
        235 words
      • 916 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booting/Balance Rstts Ship Voy No Etb/Btr Period From To From ACX Jade 66A 08/1800 1 07/1500 07/1659 07/1900 ACX Lotus 20 10/1600 3 08/0700 08/1159 08/1400 4 08/1200 08/1459 08/1700 ?Ak Triumph ***** 10/0900 2 07/1700 08/0659 08/0900 3
        916 words
    • 240 50 FT LONDON Eurotunnel hopes to present its board with a settlement of its costs dispute with Transmanche Link (TVIL), the consortium building the channel tunnel, in February. Optimism about the prospects for a deal sent Eurotunnel shares higher in Paris and London,
      FT  -  240 words
    • 475 50 DETROIT Cadillac took the wraps ofT a powerful new multi-valve engine, the Northstar, on Monday. The engine is intended to make the GM division more competitive with German and Japanese luxury car makers. Japanese automakers owe part of their success in
      475 words
    • 351 50 NYT FT PRAGUE Mercedes-Benz, the German car, truck and bus maker is taking a 31 per cent stake in Avia, Czechoslovakia's third largest truck company. The deal, the group's first significant move into Eastern Europe, appears to confirm the skill of German companies
      NYT; FT  -  351 words
  • Page 33 Advertisements
    • 86 33 r]^ 1 r4Cr IS STILL HERE MOL's New Alligator Service to North America is bigger and better than ever. More sailings, even more cargo space contact your local MOL agent and find out why to North America, there's still nothing better! WO/, moi »n land and sea. Mi tsuiO.SK. Lines
      86 words
    • 129 33 Eacßen F class container transport FAR EAST EUROPE EXPRESS SERVICE CALL 225 3522 While everybody's busy celebrating Ay( Pm) k l^gH®^J^Ps3BPB^* w *tw v -*J M —-*"*%>■ We're already busy moving towards a brand new direction. Another year gone, another job well done. For this year we're renew ing our
      129 words
    • 31 33 Contanw Schedule 17 Da* Freights 2 Indei to Advertisers 2 St*pp«ig Gwde 10.11 Sh*js m Port 17 Singapore Tries 17 Transport Dory 3 Weather and Sea Condrtnns 17 Weekly Fre«hts 2
      31 words

  • Page 34 Advertisements
    • 100 34 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:Istanbul A congestion surcharge of 10 percent to be introduced
      100 words
    • 29 34 Line* and services represented by Members of tIM Registry of Accredited f?£JSS%V Shipping Agent*, Singapore National Ship- {VK&M* ping Association. Xyjjjy h>r advertising inquiries, contact Shippmii Time\ Id 740-20X9/740-2090
      29 words

  • Page 35 Advertisements
    • 2551 35 OOCL (3) PTE LTD JAROINE SHIPPING AGENCIES *****11 *****09 \l||f#^ BOOKINGS TEL: *****234 *****58 ■llllf H. TERMINAL/CFS TEL: *****218 220 P BOOafl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 Dedicated to Quality Service
      2,551 words
    • 2016 35 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore. Federal Aviation Administration. USA. Department of Civil Aviation. France and State Institute for Air Navigation. USSR at the Raffles City Convention Centre. For further information please contact Singapore Aviation
      2,016 words
    • 1473 35 TWO SAILINGS TO USA MAJESTIC MAERSK V 9202 ETA SIN 14/1/92 SEA LAND EXPRESS 168E ETA SIN 13/1/92 Vessel Voy ETA I ETO Feeder by DESTINATIONS Wortd Lynn/ Johanna to This *Mk Majestic Maersk 9202 cv 14/1 oeoo has Pon WKM WKM WKM RHi RH RRi BHR CFS 13/1 235®
      1,473 words

  • Page 36 Advertisements
    • 1461 36 ROTTEDAM/ faf|iw-- "ft j.# VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LA SEINE 22/101 9/1 1/2 28/1 27/1 HOECHST EXPRESS 01/301 12/1 29/1 31/1 3/2 4/2 {|mMO KAGA 22/102 19/1 11/2 7/2 6/2 t MIMMM HANNOVER EXPRESS 06/302 20/1 5/2 7/2 10/2 11/2 ffltTtfnMH?l PTHMKI KURAMA 14/103 23/1
      1,461 words
    • 759 36 BEABPAC SERVICE FASTEST DKECT SERVICE TO SOUTH PACIFIC PORTS SIN NOU SUV PPT U BONTANQ 3106 EB 25-28/01 10/02 13/02 18/02 IMPERIAL 3202 EB 23-28/02 12/03 15/03 20/03 Trwwlt Tim# (13) 116) (22) ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA NUKUALOFA. P. VILA FASTEST SERVICE TO CHLE/PERU
      759 words
    • 1457 36 111 Kjsrsa&sia &mmm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBdUNO RSR EUROPE VSL/VOY SM «LG BCL HAM BRE ROT ANT FEL LHA (*VA (VU HAM) |qt\ NORASIA MUBARAK 9144-3 12/01 03/02 05/02 09/02 11/02 11/02 13/02 12/02 13/02 NORASIA AL MANSOORAH 9145-3 21/01 12/02 14/02 17/02 19/02 8/02 20/02 9/02 20/02
      1,457 words

  • Page 37 Advertisements
    • 1955 37 STRAITS SHIPPING PTE LTD 15 Hoa Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCfPTS DUE SAIS SPOKE B NOK «u yn.c m. PfGASUS PROGRESS V 699S 07 00 lAN 11-12 lAN VOIE Miifi, Skin. Tiw 01 lifl 09 Jin 11 ten mrcMiTV w iccm ia ii
      1,955 words
    • 2271 37 w SINGAPORE AGENT: p&0 Containers (Singapore Agencies) Pie Ltd I W 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Tel 225 2233 Tetex RS ***** PNOCSP Fax 225 5327/222 7517 Y r CR No **********0Z EXPORT IMPORT vessel voy •Ma ——am alg sou ant hot ham jed
      2,271 words
    • 117 37 sat-CONT HOBO/nUIfTBEC SXVCt TO NSI GUDMK mi KOJWC, KUCHMG I SOU IMUTW •POKE PAW OUDANQ FINAL OCSTMATION GMA VJ3OII 11/1 It/1 MU/SAMKEI oomki vri/m 10/1 */i kuchmg SPOWf PORT KELANO FMAL DCtTMATION •QMI V B 11/1 KUCHMG 'QMA VjH 17/1 It/1 POUT KELANG OMA I VJ>IE JO/1 KUCHMO/StBU ATTRACTIVE RATES
      117 words

  • Page 38 Advertisements
    • 431 38 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE PRE LUNAR NEW YEAR LOADER m ETD NV KUTAI VOY 24W8 14/1 16/1 "A" VESSEL 20/1 23/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to lnduc«<n«nt. Also accepting cargo to Casablanca, Pod Said, Port Alexandria, Genoa, Trio*!*. ALSO ACCEPTING BOTH CONTAINERS,
      431 words
    • 1341 38 HANJIN SHIPPING FDR VSL SM I IMC HAUL LGB OAK FW YSL J" LIW MAUI SAV KM NYC HANKN HWANG*«NG OS4F 13' I H. LEHAVRE OIK 3/2 6 2 HANJIN KNANGYANG OME 13/1 M PRORTIOUS 02* 20/2 21/2 23/2 HANJIN OAKLAND 0«« 20/1 O«£CT 10/2 13/2 HANJIN KUNSAN 070€ 20/1
      1,341 words
    • 1256 38 lflS£9T3Tl d T rT"T3"EH"^fc Inu scr wg use klg rh ti on net sm/ nro iu ot bai ntc lm mm hm nv mc no as na s® I f fr2* Jin ,Z! iw! m! il/! 2/1 S 7 M/l B/l /l 1,/? n Of J/J 4/J VJ i/J «/J
      1,256 words

  • Page 39 Advertisements
    • 1762 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) NEPTUNBJNK TEL *****00 (TOLL-FREE) UK/EUROPE SERVICE *****10 USA SERVICE *****10 AUBT/INWA/PAK SERVICE *****10 FAR EAST SERVICE *****40 t^gg ajjjj DOCUMENTATION DEPT 2^4/*****14 CFS: MB2- IMPORT *****368/*****86 CFS: MB2 EXPORT *****53/*****50 NEPUNE SON BHD MALAYSIA p MSM^sr fl p4) M 3,
      1,762 words
    • 958 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****3 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES 1 EASTBOUW-aSCHOKONG WESTBOUC-LOWWG TRANSHTPB WA HOTTODOI nam ww law |m mm «w aw lug
      958 words

  • Page 40 Advertisements
    • 1613 40 X AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) I W W XV A TEL *****77 TELEX KAWAKIRS23I6S FAX *****07/B^9 im M MALAYSIA: *K" LINE MARTTIME (MALAYSIA) SON BHD LJkJ A Mfe JUT JL MmJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■■■■I KAWASAKI KISEN KAISHA,
      1,613 words
    • 1123 40 PHIU OMCNT LIN€S PTC LTD 4^, 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... rnSSU IVE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION r-tMrnnuHmnrmvummomMmcmc 09 JAN SYDNEY.MELBOURNE.BRISBANE.FREMANTLE AUCKLAND WELLINGTON LYTTELTON. NEW PLYMOUTH. NAPIER.
      1,123 words

  • Page 41 Advertisements
    • 1026 41 SSSSSmmt§ PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSSM ■MB PX-Bunding. 140 Cocil Street »OWO, Singapore 0106 ooeoerooooe UAKWTA 1 [banSkok- 1_ .—J VESSEL VOY SIN JKT SIN V L VOV B JJT, EQUATOR MAS UN 8/1 10/1 1«/1 OTA BINTANG K8T202 8/1 BUNOA TERATAI 023 11/1 14/1 It/1 KOZINTBSV lON «/1
      1,026 words
    • 1198 41 EacßenV I P PASS CONTAINER TRANSPORT FEEDER VESSEL PENANG P KELANG OCEAN VSL/VQY StN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 17/1 18/j NIHON 2022 21/J 7/2 9/2 *0/2 12/2 ANSON/TBN 24/J 2S/1 BEN ARTY 2032 28M 14/2 18/2 17/2 19/2 ANSON/TBN 31/1 1/2 ALSIA 2042 4/2 21/2
      1,198 words
    • 467 41 M MYANMA fßk FIVE STAR LINE t (Myanma r National Lina) Loading for Yangon (Rangoon) Sport r.KI« Pan PGdf mi*Gm yum mpi is/t« MYOMA TWA VI3SW SM SM MPi iri-M VI7IN M Pi 10KAW VISOW 7/9 tM PASAN VI TOW 14/ II J* THE BANK LINE (A Mrrtca o« Andrew
      467 words

  • Page 42 Advertisements
    • 509 42 "8® AW STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO I HEAVY LFTS KSKI VOT 9 fl RUC U coaac nuoa 22 t n HOC** 12 VI 11/1 coaac mute* s j/i 12/1 nu«s wto ii/i 12/1 SOU MOM 0 23/1 29/1 tM| 13/1 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY BAMJMQB
      509 words
    • 68 42 IS'pofe P Ketang Loading for I NTS 10/1 13/1 Rdm/Atw/UK/Nantes R0 20/1 24/1 Rdm/Atw/UK/Nantes/Vatencia [Spore Loading for I CARBBEAN QUEEN 7/1 Oubai/Oammam/Kuwait I PAN GLORIA 7/1 Aden/Jeddah/Aqaba I SPARKLE SUN 20/1 Oubai/Dammam/Kuwait I PAN LBERTY Los Angeles/New Orleans/ I Charleston/Norfolk/Camden U PAN EXPRESS Los Angeles/New Orleans/ I Charleston/Norfolk/Camden I •Loads
      68 words
    • 205 42 A STAGER FRBQHT SERVICES PTE LTD SlfiJ TEL: 273-3838 FAX: 274-1100 P* 03-*****60•PEN: 04-*****2* JKE2I-*****1 *88Y: 31-*****0 8M LH/PAR ATHENB/PW BTUTTQART VALENCIA LMMN THESSALONKI 12/1/92 1/2/92 5/2/92 5/2/92 6/2/92 7/2/92 19/1/92 7/2/92 11/2/92 11/2/92 12/2/92 12/2/92 26/1/92 14/2/92 18/1/92 18/2/92 19/2/92 20/2/92 2/2/92 2/2/92 25/2/92 25/2/92 26/2/92 27/2/92 TO CANADA
      205 words

  • Page 43 Advertisements
    • 848 43 /a A total approach to transportation NEDLLOYD 1992 FCCOCAVCtSCL muUN PCMAMO OCCAM VCMCL MM L« MAVNC4S) rt>A«(l) H-«UNe<*) rHAVCM r*TO«C rNAMTTOM OWUM VESSEL M Pl| T*a to SVya Auckland FWiJ) HWj >i(A) Ttara Lytt*ltan(B) a- U/1 V 1 wi vt in Wi an Vt N 25/1 27/1 26/1 26/1 29/1
      848 words

  • Page 44 Advertisements
    • 765 44 TO AUSTRALIA/NEW ZEALAND "wi TSI |Frw« IkWk ISytf Amc* INK [p CHAIN c vacua m 4/1 i«/i 21/1 M/i ii/i 57* ANTWrtPtN 2»5 l/l 11/2 IJ/2 11/2 2*/2 I*7l MARTHA I2H n72 275 7/1 14/J 11/3 T573 EUEN HUMS M7~ »/3 17/3 21/3 2S/3 31/3 3/4 TO USA/CANADA Wl TsS
      765 words
    • 788 44 OUTSOUM) VOY m PEN MT SM MS HK6 RAO Kg TYO~ MP N6O ROB II VESSEL HOY |SM |P«. PfW M.W SW c. cARsn il il =Ci H ».i u.i 17.1 is iu i 111 aci ruby 3sa 12.1 111 is.i 14.1 17.1 ACI LOTUS 2SB *51 *3.1 71 IsT
      788 words
    • 245 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n* eta eta JPOM H»T KELAM KNAM BLUE MX 15/1/92 loadmf tor Mak WUVAI HVDHU 25/1/92 loadrnf tor Catcutta ooimN is/1 m iMdmt Fo< Mafc nod arm* saaeo loatfinf For Mate OONMUM 11/1/92 LoaM Fat Fdnraru MOCKS LMEITT SMLEO LoadM| tor Yang*
      245 words
    • 1613 44 sS CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE ru«»«r buh SINGAPORE'S GENERAL AGENTS kkksas webti COSTAR SHAPING PTE LTD P.T. GLOBAL PUTRA M^TSmSbiwFm J2J til 2*ilol/22Sil3J INDONESIA MARITIME nw -m MMI HI MA AO 154 TELEX: RS 2CSM/1 COSHP *T TH. («1)J*****, *1744 GUAN GUAN SHPPttC SON BHD KI&W
      1,613 words

  • Page 45 Advertisements
    • 639 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL PIR E AUS 12/1 ROTTERDAM 12/1 HAIFA/ASHDOD/ ALEXANDRIA 12/1 HAMBURG/BREMEN 12/1 MARSEILLE/FRANCE 1271 FELIXSTOWE/UK 12/1 BARCELONA/SPAIN 12/1 lEHAVRE/ANTWERP 1271 GENOA/ITALY 1271 GOTHENBURG/SCANDINAVIA 12/1 LOS ANGELES/WC/IPI 12/1 SYDNEY/MELBOURNE 9/1 NEW VORK/EC 12/1 FREMANTLE 9/1
      639 words
    • 1250 45 Brickfield marine agencies (S) pte ltd TEL: *****33 (12 Unm) II VI Fy^WlllJLllililiMillllllilllißHllllß^^^^B m FAX: *****15/*****03 PJj TELEX: RS ***** RISHIP (3 Lin«s) ETHMPUN SMPfM UK Jakarta bawqkqk 1 (National Linej of Ethiopia) M» I or an I l«m hw I —aw I ll| l|ll l| Kin BHUM 15$ BIPT
      1,250 words
    • 112 45 Vassel Voy ETA ETD Dtstn TZU HANG 9235S 10/1 11/1 Kompongsom ERMNA 9231S 20/1 23/1 Phnom Ponh HONGZHAN 9228S 12/1 14/1 Ho Chi Mlnh HOSHO MAKU 9221S 9/1 11/1 Vungtau SHUNRJ 921 IS 9/1 10/1 Yangoon GENKAI NO 8 9201S In Pt 10/1 Phnom Ponh \T SOON KIAT SHIPPING UTK
      112 words
    • 336 45 Baagaa THR-OT VSL VOY SMQAPORE MADRAS SMGAPOAE VfSSfl VOY SM MM SM TIGER SPEED IMN 12-13/01 10-20/01 20-27/01 TWER SHARK OCM 15-10/01 22-24/01 30-31/01 TIGER BMDGE IS7N 10-10/01 25-27/01 01-02/02 VBL VOY BMQAPORE/CALCUTTA/BMOAPORE VESSEL VOY SM CM. SM EAGLE BREEZE 005 00-10/01 10-20/01 20-27/01 LHOTSE 41S 15-10/01 22-20/01 01-02/02 TIGER
      336 words

  • Page 46 Advertisements
    • 1635 46 M AC-NELS S'PORE MPORT:'22I6OO2 I PENANQ: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANQ: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 J SIN Yin 7?„ Cotomtoo 9/1 16/1 11/1 11/1 12/1 13/1 Ldn/Fh/Rdm/Ant Durbon/Pt Louis 10/1 11/1 12/1 19/1 20/ i 21/1
      1,635 words
    • 788 46 THONG SOON LINES PTE. LTD. j JHi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER RS ***** JENHOL CABLE: TOSOCO ttssa lm |et* Ikst kssel wt vm f. mmt~ KIM SOON LI 42/92E 11 JAN PENANG EQUATOR JEWEL 47N
      788 words
    • 254 46 IjGP NVOCC MAKE TOW POT SHHENT TO MIDDLE-EAST THROUGH FRATA CONTAINER LINES ErnCIENCT B OUB TRADEMARK out NEIT VOYAGE TO MIDDLE-EAST ON 09.01.92 CONSOLIDATES LCL CARGO TO: DUBAI ABU DHABI DOHA SHARJAH DAMMAM BAHRAIN KUWAIT BANDAR ABBAS CONFERENCE LINER DIRECT CALLING AT DUBAI GOOD CO-LOADING RATES TOO! COUNT ON OUR
      254 words

  • Page 47 Advertisements
    • 792 47 PERUANA NBEJL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. HO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. "EVERETT ORIENT LINE" JAPAN BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAK BULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA. MOD. TOKYO*. OTHER JAPAN PORTS*. MANILA*,
      792 words
    • 500 47 CZ37 I Ml^i N.AMERICA/CARRIBEAN SERVICES kssel Not |sm iMA»tiNH |la» frsi Isav |ntc |hh mTeIAI 611 11/1 AMERICA 11/2 20 2 24/2 262 212 ZM MELBOURNE 214E 11/1 7M PUSAN 19/2 21 2 3/3 5/3 7/3 7*l TOKYO 72E 30/1 TH lAPAN 11 7/3 16/3 20/3 22/3 24 3 Acctfimi
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    • 591 47 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SMARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS JEDOAH FAR EAST ACCEPTING FCL/LCL PfNANG P/KELANG lAKARTA BANGKOK HONG KONG. TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL lONOON FELIXSTOWE LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN ft ALL
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    • 476 47 TV PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA VESSEL VOV SIN JKT DASA ENAM 909 In Pt 11/01 DERAJAT 970 09/01 12/01 PELOPOR 1022 11/01 14/01 DASA ENAM 910 15/01 18/01 DERAJAT 971 14/01 17/01 General Agents ASIA PERINTIS LINES PTE LTD 19. Keppel
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    • 450 47 SIN Fill EAST 12/1 KEELUNG/KAOHSIUNG 10/1 BANGKOK 14/1 MANILA/CEBU 12/1 JAKARTA/BELAWAN/SURABAYA 12/1 PORT KELANG/PENANG/E. Malaysia 13/1 BUSAN 13/1 TOKYO/YOKO/KOBE/NGO/OSA 13/1 HONG KONG SIN CHHU 13/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUIOPE/UK 13/1 LDN/FLX/LVP/SOU 13/1 ROM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. Si USA/CANADA 13/1 LOS
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  • Page 48 Advertisements
    • 872 48 BU FIL CONTAINER SERVICES PTE LTD Qj- MADRAS CALCUTTA BANGKOK VK SIN/MADRAS VBL SIN/CALCUTTA VBL BIN/BANOKOK jd mm jn jn jn 3D m NOT AVMLAM.I Sd 07 09/01 tS-lfi/01 NEXT MIMU 05 Oi/Ol IMC/tl 22-23/01 NUT MNUOLf 4im llm 05-04 01 11 13/01 11-19/01 11-12/01 11-22/01 2129/01 7 lav 11
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    • 563 48 lionterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 16 JAN NEW PLYMOUTH, WELLINGTON, LYTTLETON, NAPIER. HAMILTON, CHRI3TCHURCH, DUNEDIN, PORT CHALMERS BANGKOK 15 Jan EUROPE 12 Jan FREMANTLE 18 Jan PENANG 13 Jan PORT KELANG 13 Jan JAKARTA 14 Jan MELBOURNE 15 Jan SYDNEY 15
      563 words
    • 503 48 CILII coniunv J LCL/FCL SERVICE FROM I fijj |S| ni a over 600 terminais/offtcM in U.SA I I I Uny flßt \CWI maintains over 35,000 raclors 4 trucks. V II UmL JciV/ services over 60,000 pointt in U.SA l_l AHA m CWI °Ner reliable LCL/FCL tervlces. General Agenti r 7Z2/M/C7/A/Af
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    • 447 48 MANILA ETA SOUR SINGAPORE 17NB 11/1 VIGOUR PACIFIC 54N8 IS/1 BANGKOK 11/1 18/1 I BUSAN 13/1 20/1 HONGKONG 11/1 17/1 DURBAN PT LOUIS 12/1 22/1 KEELUNG 13,1 20/1 USA 13/1 20/1 PT KELANG 10 1 14/1 KOBE 13/1 20/1 PIRAEUS 9/1 18 1 OSAKA 15/1 22/1 lAKARTA 10/1 14/1 DUBAI
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  • Page 49 Advertisements
    • 314 49 >Oc vQc vO c Oc vO c vOc vOc :U VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > VOTAINER CONSOLIDATION SERVICES: 0 f 1 THE ONLY CONSOUDAIOftWTH WORLDWIDE NETWORK Weekty FCLACLServices To/From I J USA jgUROPE j FAR EAST V *w Volainef Consoi kjdtlon Sendees Hatfiburj: Vjn Onunercn Him bury
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    • 43 49 Kaan livdU •>, If <s'-.* if £3. v 2s fee* A'V %>" i•' Jfcj I Chartpoint, ../y. C: <<-*•.* a guide to investing in *r *r} V the Stock v -V .'t i'+. v S 'JT'V V n/S V y Market. Every > Saturday in Business Times
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    • 197 49 BEN LINE C&NTAtNERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Delft 4- 486 8/1 1/2 31/1 30/1 2/2 CLOSING TIME: FCL: CLOSING TIME: FCL: 08/1/92 1230 MRS
      197 words
  • Page 49 Miscellaneous
    • 293 49 TIDES AND WEATHER TODAYS TIDES (height in metres) HO* 0000 0100 0200 0300 0400 0500 OCOO 0700 0100 0900 *****100 **********00 *****(00 **********00 2000 2100 2200 2300 JR 21 24 2.5 24 2.1 16 1.2 1 1 1.1 14 19 25 30 32 30 26 21 14 09 06 05
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  • Page 50 Advertisements
    • 1183 50 CHARTPOINT Every Saturday in Business Times HYUNDAI A MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST fgptu wr m i»q> aw line tw* vot mo lbh oak st« ix haul voy hkg tcm/su hi WAN HAI 201 N039 06/01 07/01 09/01 H COMMANDER 31E 17/01 03/02
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    • 595 50 CHARTPOINT Every Saturday in Business Times i/C THE^ TOTAL TRANSPORTATION 0 ...LAND...SEA...AIR THE VISA SERVICES CNOUPAW DOMESTIC CUSTOM! «X£AMIO FMICOT COHSOUMTOft nUMSFOftTATKM SERVICES FORWARDERS :10a WAREHOUSING HARME MSURAMCE AW FREIGHT TMMMMT t OPE RATIO* "»JECT CO-ORDWATWM THE TOTAL TRANSPORTATION PEOPLE DIRECT BOOKING SERVICES CO-LOAPINC SERVICES VISA FREIGHT SERVICES PTE LTD
      595 words