The Business Times, 13 January 1992

Total Pages: 46
1 46 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, January 13, 1992 75*
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  • NEWS SUMMARY
    • 68 1 FRANKFURT The chairman of the German Bundesbank has forecast 2 per cent growth for Germany this year. Speaking on Hessian radio yesterday, Helmut Schlesinger said he believed "growth will reach 10 per cent in the new Laender (former East Germany) but would hover
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    • 67 1 MOSCOW Thousands of people demonstrated against rising prices outside the Kremlin yesterday, and angry citizens reportedly blocked a downtown bridge to protest against the lack of milk in stores. Meanwhile, the Russian Information Agency quoted the chairman of the Russian legislature, Ruslan Khasbulatov, as
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    • 31 1 SINGAPORE'S technicallyskilled labour was one of the key reasons Japanese automation company Hirata Industrial Machineries Co Ltd chose the Republic for its first factory outside Japan Page 2
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    • 25 1 THE current rhetoric on growing intra-Asian economic ties often ignores some fundamental changes occurring in the pattern of regional investment flows Pag® 8
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    • 30 1 INTERNATIONAL Monetary Fund officials trying to help Russia solve its economic problems are working on a plan to make the rouble convertible on foreign exchange markets Page 9
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    • 37 1 THE US economy ground to a halt in the fourth quarter, says US Federal Reserve chairman Alan Greenspan, who has promised more action if recent interest cuts fail to give it a lift Page 9
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    • 30 1 PY VAN listens to the world premiere of Heinrich Schweizer's Singapura, while Susan Tsang finds out what happens when Stamford Raffles meets Lee Kuan Yew Page 17
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    • 33 1 BERMUDA-BASED Sea Containers Ltd has leased 200 of its new Seacold 340 hi-cube refrigerated containers to EacBen to be used on the latter's Europe-Far East service. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 39 1 COMPANIES proposing rights and bonus issues in Singapore were kept on tenterhooks last year as the Stock Exchange of Singapore threw out one proposed issue after another, a move unprecedented in the local market Page 3
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    • 17 1 A HONGKONG analyst is very positive about the long-term outlook for Singapore Page 3
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    • 36 1 HONGKONG property development and investment company Great Eagle Holdings has reported a 28.36 per cent drop in profit to HK5205.04 million, after tax and minority interests, for the year ended September Page
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    • 36 1 THE worst is over for the US consumer electronics industry with sales expected to pick up this year before strongly accelerating with the advent of exciting new technologies, say industry officials Page 6
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    • 33 1 US Deputy Treasury Secretary John Robson says new comprehensive banking reform is essential to the health of the American banking industry and the recovery of the US economy Page 7
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    • 33 1 SWISS Bank Corp has plunged further into the sophisticated world of financial derivatives with the announcement that it is to buy Chicago futures and options trader O'Connor Partners P«e 7
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    • Article, Illustration
      27 1 Friday Change BT-MGA 728.64 -1.34 Kuala Lumpur ...551.90 -0.47 Tokyo 22,381.90 -731.74 Hongkong 4.348.92 +14.38 Sydney 1,668.0 +6 Nov York 3,199.46 -10.07 London 2,477.9 -20
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    • 24 1 Exchange rates USS SS 1.6335 100 Yen SS 1.2975 MS SS 0.6015 Money market rates Overnight 3 3/4 +1/2 3-month 2 7/8 +1/8
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    • 30 1 Rubber S'pore Feb 128.00«/kg +0.50 M'sia Feb 213.50«/kg unch KL Tin Turnover 34 tonnes -II Spot MSl4.57/kg unch Crude palm oil Turnover 443 lots -678 March MS908 /tonne 3
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  • 741 1  -  Two-way trade hit Ssl.3b in 1990 From Harish Mehta in HANOI SINGAPORE appears to have narrowly overtaken Japan to become Vietnam's biggest trading partner in 1990 with two-way trade in that year touching Ssl.3 billion, say Vietnamese officials. And Singapore is
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  • 390 1  -  From Florence Chong in SYDNEY THE WEAKENED Australian dollar is expected to continue its free fall when trading resumes around the world, particularly in Asian money markets today. In late Asian trading last Friday, investors continued to sell the currency, pushing
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  • 162 1 Reuter BRUSSELS The European Commission is to investigate allegations that electronic retail weighing scales made in Singapore are being dumped at unfairly low prices on the Community market. The complaint had been brought by nine EC competitors who alleged that prices at
    Reuter  -  162 words
  • 369 1  -  By Rahita Elias SINGAPORE Singapore and Vietnam have concluded their first governmental-level agreement in the form of an air services pact to re-estab-lish air links between the two countries which were severed nearly 17 years ago. Under the new pact, airlines
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  • 482 1  -  By Carolyn Lim SINGAPORE Fast-grow-ing Amtek Engineering Ltd is expanding its business, with special emphasis to be put on the automobile parts business in the region. Speaking to BT in an exclusive interview, Lai Fook Kuen, managing director of Amtek,
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  • Page 1 Advertisements
    • 243 1 MIKIMOTO 1 he Oi iginator of Cultuicd Since ld*3 XuthoriMxl KctaiL r KAMPOOLI ILWLLLLRS t»S Outlaid Road #01-07 I'la/J K .found I I«h»i) Singapore 0921 I el: 336-1381 Aircraft Schedule 27 Market Reviews 23 World News 9 The Arts 17 Money Changer Rates 27 For market indices, editorial, Commodities 26
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    • 52 1 Powermatic Man DR CHEN MUN dreams the dreams of Steve Jobs and Stan Shih. But in his waking hours he runs Powermatic Data Systems, an $80 million computer peripherals firm. I urn to Fg 12 for the story of a university don who followed his entrepreneur's heart to found a
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    • 82 1 H 1 1 r Dulux THE BETTER PAINT 1 'I Naturally enthusiastic. Aboard Japan Airlines. you quickty sense a genuine who encounter the refreshng hoapoafcty orf JAL once, do so enthusasm on the part of the in-flight craw. It's easy to see again and aga*v Welcome aboard Japan Artnes. Where
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    • 3 1 Analysis, Pg 10
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 85 2 FRENCH President Francois Mitterrand has bestowed upon Lieutenant-General Winston Choo, chief of defence foree of the Singapore Armed Forces, the order of the "Legion d' honneur" with the rank of "Commandeur", according to a French embassy statement. The honour, seldom bestowed on foreigners, was
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      • 129 2 THE deputy managing partner of accounting firm KPMG Peat Marwick, Peter Chi Man Kwong, was charged last Saturday with dishonest misappropriation of $183,650. Chi, 49, was alleged to have misappropriated the money on May 18, 1989 from a sum of $3.2 million sent to him by the
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      • 87 2 THE Civil Aviation Authority of Singapore (CAAS) said the second JICS-CAAS Aeronautical Information Services Course will take place from today to March 4. The course will provide participants with the knowledge and skills required of an aeronautical information services officer. An agreement of cooperation under the
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      • 67 2 THE Ministry of Health will host two functions for its retirees tomorrow and on Jan 29 at the Auditorium, College of Medicine Building. Minister for Health Yeo Cheow Tong and Minister of State for Health Dr Aline Wong will officiate at the functions, respectively. A total
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    • 320 2  -  By Carolyn Lim SINGAPORE'S technicallyskilled labour was one of the key reasons Japanese automation company Hi rata Industrial Machineries Co Ltd chose the Republic for its first factory outside Japan. Hirata was also impressed that the International Federation of Robotics had placed
      320 words
    • 247 2 THE curriculum of Temasek Polytechnic's new diploma course in media design will be practice-based. It will include the design, production and management of electronic and print media for events, promotions, advertising and publishing. Also covered will be how to most effectively employ computer, video
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    • 303 2  -  Addenda to the President's Address By Quak Hiang Whai ASEAN remains the cornerstone of Singapore's foreign policy. In its addendum to the President's address, issued by Minister of Foreign Affairs Wong Kan Seng, the foreign affairs ministry said Singapore will continue to
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    • 290 2 THE closure of the Crow Valley training area in the Philippines because of the Mount Pinatubo eruptions is a significant loss to the Singapore air force. Mindef will, therefore, explore training possibilities in other friendly countries, the Ministry of Defence said in
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    • 249 2 THE Ministry of Home Af- fairs said in its addendum to the President's address that the traffic police will soon require vehicles to have child harness and rear passengers to use seat belts. The move is introduced to reduce injury and
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  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 990 3  -  A look at fund-raising activities on the Singapore stock market last year By Magdalene Ng SINGAPORE Companies proposing rights and bonus issues were kept on tenterhooks last year as the Stock Exchange of Singapore (SES) threw out one proposed issue after another, a
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    • 353 3 MBT KUALA LUMPUR Shapadu Kontena, Malaysia's first container haulier to be listed on the Kuala Lumpur Stock Exchange, made an impressive debut last Friday, closing at M 54.42 (552.66) for a premium of M 51.62 over its issue price of M 52.80. With
      MBT  -  353 words
    • 337 3 Bernama KUALA LUMPUR Fundamental issues and selective stock buying would be the main feature of the Malaysian stock market this year, TA Securities Sdn Bhd's assistant manager (research). Low Boon How said. Speaking at a seminar on the 1992 Stock Market Outlook
      Bernama  -  337 words
    • 652 3  -  MARKET TALK Republic has all the ingredients for well-filled economic pie By Duncan Mount Managing director of CEF Investment Management Ltd SINGAPORE We are very positive for the long-term outlook for Singapore with its excellent economic management and current fundamentals falling inflation and
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    • COMPANY BRIEFS
      • 104 3 KUALA LUMPUR About 1,379 applicants were successful during the balloting of the public portion of HIL Industries' shares last Friday. The company received 25,034 applications for the public portion of nearly 1.4 million shares. The overall offer was oversubscribed by 19.37 times. Speaking to reporters
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      • 111 3 KUALA LUMPUR Multi-Com, a wholly-owned subsidiary of the MBf Group, hopes to enter the European gloves market and expand its US share. Speaking at a press conference in Kuala Lumpur on Friday, managing director Ooi Chee Kok claimed that Multi-Com and its sister company American
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      • 126 3 KUALA LUMPUR Ayer Molek Rubber Co has recorded a 21 per cent increase in pre-tax profit to M 5765,000 (*****,000) for the year ended Aug 31, 1991. During that period, its turnover also improved 3 per cent to M 51.49 million. Ayer Molek's improved results
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      • 87 3 KUALA LUMPUR Arab Malaysia Merchant Bank (AMMB) will allow its entitled shareholders to apply for the 38.5 million Arab-Malaysian Finance Bhd shares which are not taken up in addition to their allocated entitlements under an excess share application. Its adviser, D&C Mitsui Merchant Bankers Bhd, said
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      • 89 3 KUALA LUMPUR Union Paper Industries, a subsidiary' of Union Paper Holdings, will set up a new plant in Pahang's Bentong Industrial Estate, costing about Ms 23 million (S$ 13,83 million). The 10.5 acre site has been acquired and two new paper manufacturing machine
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    • COMPANY BRIEFS
      • 100 4 HONGKONG Cordless telephone-maker Double Kingdom Holding is setting up an alternate manufacturing base in Malaysia because of the trade dispute between the United States and China, says a report in the South China Morning Post quoting company officials. The company's main plant is
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      • 80 4 BANGKOK A Belgium-based petroleum company, Petrofina, has withdrawn from the bid to form a 300 million baht (5519.4 million) lubricant blending plant joint venture with the Petroleum Authority of Thailand (PTT), says a report in The Nation. The report said the firm withdrew because it
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      • 71 4 BANGKOK A joint-venture oil exploration firm found natural gas at a test well in central Myanmar, the state-run Radio Rangoon said in a broadcast monitored here on Friday. The find, 180 kilometres north-west of Yangon, was made on Jan 3 by a joint-venture firm set
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      • 125 4 ApELAIDE Santos Ltd, Australia's largest onshore oil and gas explorer, said an exploration well in the Toolachee Block of licence areas PEL 5 and 6 in South Australia has a new field gas discovery. It said a drill stem test at Bfongala 1 over the interval
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      • 86 4 ![JING A major Chinese state enterprise has set up nation's first industrial centre for experts who have irned after living overseas in a bid to lure home special- The centre, set up on Saturday by Capital Iron and el Company, Beijing's largest state-owned firm, offers irnee
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    • 486 4 HONGKONG Property development and investment company Great Eagle Holdings has reported a 28.36 per cent drop in profit to HK5205.04 million (5543.06 million) from HK5286.21 million, after tax and minority interests, for the year ended September, says a South China Morning Post
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    • 198 4 HONGKONG Jademan Holdings swung back into profit in the six months to Sep 30 last year but remains locked in legal disputes with former chairman Tony Wong Chun-loong and its former board of directors, according to a report in the South China Morning Post. The
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    • 463 4  -  By Said Abdullah SINGAPORE McDonald's operator in Malaysia. Golden Arches Restaurants Sdn Bhd, which moved into the black for the first time in 1990 after having been in the red for seven years, plans to go all out to expand its business in West Malaysia
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    • 312 4 BANGKOK Triumph International (Thailand) Ltd has inaugurated its latest subsidiary, Body Fashion (Thailand) Ltd, at Bangphli Industrial Estate, Samut Prakan, The Nation reported last week. Triumph, a subsidiary of a German company, has established Body Fashion for the production of garments
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    • COMPANY BRIEFS
      • 88 6 CINCINNATI Campeau Corp's Federated Department Stores Inc and Allied Stores Corp have reached agreement with Neiman Marcus Group Inc to settle a US$3B million (Ss62 million) lawsuit against them over their chairman, Allen Questrom. Federated and Allied last Friday filed in US Bankruptcy Court
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      • 66 6 LONDON Reed International pic, one of the world's leading publishing companies, said last Friday its consumer publishing division IPC Magazines Ltd had formed a 50-50 per cent joint publishing company in Germany with Burda. A Reed statement said the new company, MK Verlag GmbH
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      • 62 6 LAS VEGAS Nintendo of America Inc, the North American sales unit of Japan's Nintendo Co Ltd, said it will launch a compact disc accessory for its Super Nintendo Entertainment System. The CD-ROM video game accessory will be launched in the United States, Canada, and Japan
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      • 79 6 SAN JOSE, California Intel, the world's leading producer of microprocessors, said last Thursday that it would cut the prices of its most popular items by up to a third in the face of stiff competition. The cut in prices, which could mean a 35 per cent
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    • 382 6 Reuter LAS VEGAS The worst is over for the US consumer electronics industry with sales expected to pick up this year before strongly accelerating with the advent of exciting new technologies, say industry officials. Frank Myers, chairman of the Electronic Industries Association, said
      Reuter  -  382 words
    • 240 6 Reuter ATLANTA Turner Broadcasting System Inc expects net profits to accelerate this year as the media group controls costs and benefits from expanding its United States cable networks, international operations and associated businesses. Executive vice-president Terence McGuirk said in an interview last Friday
      Reuter  -  240 words
    • 368 6 UPI NEW YORK Borden Inc, one of the largest food companies in the US, citing severe competition, announced last Friday plans to cut its workforce by 1,300. At year-end 1991, Borden had about 15,000 salaried employees among a worldwide force of 44,000. "Like
      UPI  -  368 words
    • 428 6 Reuter LONDON Brent Walker Group pic could just have until the end of the month to complete a crucial debt restructuring or face slipping into administration. "Everyone recognises that the end of January has got to be the time when everything is
      Reuter  -  428 words
  • Page 3 Advertisements
    • 72 3 DOORMAN BY HANS GEDDA ft UJ Wf ■91 v JM t» j "AS I WALKED OUT FROM THE LOBBY, HE SAW MY CAMERA AND GAVE ME TIPS TO THE HISTORICAL SITES IN SINGAPORE. I SHOT HIM INSTEAD." &£&£>* photographer J I ANA HOTEL SINGAPORE The Classic Hotel 16 Nassim Hill.
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  • Page 4 Advertisements
    • 324 4 BUSI NES S TIMES Toll free Tel No 737 0Q43 Fax No; 734 3698 Singapore Telecom is preparing for privatisation. Our aim is to position ourselves for competition both locally and internationally. We want to continue to be an effective and market-driven organisation. another process us further our corporate objectives
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    • 252 4 THE MONETARY AUTHORITY OF SINGAPORE I fc r siwawow oovibhotnt OFFIRINO OP TAXABLE BOOK-IHTBT BONDS TO THE PUBLIC AMOUNT OFFERED SGDSSOMIO I ISSUE CODE N*****0V I ISSUE DATE 23 JANUARY 1992 I MATURITY DATE 1 FEBRUARY 1994 I INTEREST RATE TO BE DETERMINED BASED ON I THE AVERAGE YIELD OF
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 255 6 CLCOMPUTERS PTE. LIMITED y/ presents 3Lvo W//Y HITACHI The Dynasty Hotel Regal Room 1, 2 3 Exhibition January 24th 2:30 pm to 5:30 pm EFFECTIVE SOLUTIONS THROUGH HITACHI TECHNOLOGY Seminars Processing n January 24th 3:oopm to 4:oopm Inventory Support Tool Areas covered fn\Jeing M6XXE New Generation of Hitachi Computer Systems
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    • 82 6 touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere to
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  • FINANCIAL NEWS
    • 262 7 Reuter SANTA BARBARA, California US Deputy Treasury Secretary John Robson said that new comprehensive banking reform is essential to the health of the US banking industry and the recovery of the US economy. He said the bill passed by Congress is "totally inadequate"
      Reuter  -  262 words
    • 287 7 Reuter BEIJING China's central bank, feeling inflationary pressures, plans to set lending ceilings, the official China Daily said. The People's Bank of China "plans to adopt a stringent monetary policy this year to ensure a balanced economy while keeping inflation at
      Reuter  -  287 words
    • 236 7 Reuter LONDON Commercial Union pic said it was holding its 1991 bonus payments on UK life insurance policies at the previous year's levels. But a company statement said it was cutting bonuses on personal pensions from what it called the "very high rates" which applied
      Reuter  -  236 words
    • 326 7 Reuter FRANKFURT Disloyal shareholders and an ailing banking unit are undermining the wall Aachener und Muenchener Beteiligungs AG (AMB) put up to keep Ste Generale des Assurances de France (AGF) from getting a foothold in Germany. AMB was scrambling to spurn the advances of
      Reuter  -  326 words
    • 189 7 Reuter LONDON The German connection helped push merchant bank Morgan Grenfell pic to pole position among UK public bid advisers in 1991, with 11 deals worth £2.43 billion (Ss7 billion), according to figures from the specialist magazine Acquisitions Monthly. "During the first six
      Reuter  -  189 words
    • 355 7 Reuter BASLE Swiss Bank Corp plunged further into the sophisticated world of financial derivatives last Thursday when it announced its intention to buy Chicago futures and options trader O'Connor Partners. SBC spokesman Peter Walser said the bank hoped the purchase
      Reuter  -  355 words
    • SMALL CHANGE
      • 91 7 TOKYO The Asian Development Bank (ADB) may launch a 50 billion yen 10-year "Daimyo" bond issue here this month through the negotiated fixed-price reoffer method, underwriting sources said. The method, which is in common use in the US and European markets,
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      • 132 7 CHICAGO In a report that surprised Wall Street, First Chicago Corp reported a fourth-quarter loss on Friday of US$l5.l million and announced a cut in the company's quarterly dividend to 30 cents a share from 50 cents. The company's stock fell 51.25, to $23.75, on the
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      • 66 7 WASHINGTON The US Resolution Trust Corp said its board approved the sale of Perpetual Savings Bank, a large Washington-area thrift, to Crestar Financial Corp. Services to Perpetual's former depositors will continue by Crestar without interruption and 22 of Perpetual's 61 offices will be reopened by
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      • 71 7 MANAMA, Bahrain Bahrain-based Investcorp Bank said its 1991 profits fell 21 per cent to U5552.19 million. Investcorp, which channels private investment into Western companies, is owned by shareholders in six Gulf Arab states. In an audited report, Investcorp said its total assets rose to $988.3 million
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  • THE REGION
    • 637 8 Investment flows to Asean countries from Japan, NIEs peaking Nikkei Weekly TOKYO The current rhetoric on growing intraAsian economic ties often ignores some fundamental changes occurring in the pattern of regional investment flows. Chief among the changes is that investors from Japan and the Asian
      Nikkei Weekly; Source: Mitsui Taiyo Kobe Bank  -  637 words
    • 150 8 Reuter SYDNEY Australian offshore oil exploration fell 37 per cent in calender 1991 and is not likely to pick up this year, the Australian Petroleum Exploration Association said during the weekend. The association said in its annual exploration survey that 39 offshore wells were drilled
      Reuter  -  150 words
    • 411 8 BANGKOK Thailand's five-star hotels are being drawn increasingly into an intense room rate war as the country's tourism industry fails to pick up, the Bangkok Post reported last Friday. Thai Hotels Association president Jatuporn S Katakul said five-star hotels would chalk up an average
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    • 267 8 Reuter MANILA Business executives in the Philippines are optimistic the corporate climate will improve in the first half of the year, with many companies planning some expansion, results of a Central Bank survey show. Forty per cent of the respondents expect better business
      Reuter  -  267 words
    • NOTE BOOK
      • 102 8 DHAKA, Bangladesh Burma has redeployed its troops along the border with Bangladesh after pulling them back earlier last week to reduce border tensions, a newspaper reported last Saturday. The English-language Star said Burmese troops returned to their front-line positions last Friday. Bangladesh defence
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      • 76 8 HONGKONG Hongkong's labour unions threatened last Saturday to take industrial action against a government scheme to import foreign labourers to ease a current shortage. At a press conference, union leaders agreed to meet on Thursday to discuss possible moves against the colonial government's decision to bring
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      • 96 8 TOKYO A government mission left for Hanoi last Saturday to discuss a resumption of Japanese economic assistance to Vietnam, halted since Vietnam's invasion of Cambodia in late 1978. Foreign ministry officials said the nine-member delegation would discuss Vietnamese requests for Japanese aid as well
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      • 78 8 MANILA The Philippines last Friday said it had reached conditional agreement with the International Monetary Fund (IMF) on its economic programme for 1992 that would boost growth and lower inflation. Finance Secretary Jesus Estanislao said the Philippines and the IMF had agreed on all economic targets
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  • Page 8 Advertisements
    • 189 8 WILD WOLF I LET LOOSE I 1 INZOUK I RESTAURANT. Watch out! Our new chef is out. Ai Wolfgang Lapper is cooking up a storm at Zouk Restaurant IV| ml on the River. He's wild and he can't wait to meet you. 1* >1 Only at Zouk Restaurant can you
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  • THE WORLD
    • 379 9 AP MOSCOW International Monetary Fund officials trying to help Russia solve its economic problems are working on a plan to make the rouble convertible on foreign exchange markets, said a government spokesman last Saturday. The IMF assistance to Russia by far
      AP  -  379 words
    • 458 9 Reuter MOSCOW Russia wants more time to repay interest on foreign debt because other commonwealth states are failing to come up with their share of the cash. Russian central bank chairman Georgy Matyukhin said last Friday that Russia, the most powerful member of
      Reuter  -  458 words
    • 236 9 Reuter BEIJING China's main bank geared to foreign exchange and trade plans massive hard currency lending to fund this year's export drive, according to a report in the official China Daily. Bank of China governor Wang Deyan told the newspaper it planned
      Reuter  -  236 words
    • 405 9 Fed chief ready to act if economy fails to improve Reuter WASHINGTON Federal Reserve chairman Alan Greenspan said last Friday that the US economy ground to a halt in the fourth quarter and promised more action if recent interest cuts fail to give it a lift.
      Reuter  -  405 words
    • 282 9 Reuter NEW YORK The US non-farm jobs market took a small step towards recovery in December, a sign which some economists said meant an economic upturn. A rise in non-farm payrolls of 31,000 in December was stronger than the average forecast calling
      Reuter  -  282 words
    • WORLD WATCH
      • 108 9 ISLAMABAD Pakistani Prime Minister Nawaz Sharif has said his government is planning to set up 10 to 12 special investment zones in Pakistan. He told visiting South Korean Communications Minister Song Eon Jong and South Korean Daewoo Corp chairman Kim Wo Chong at
        108 words
      • 73 9 JERUSALEM Israel has resigned itself to getting less than the full Usslo billion ($16.3 billion) in US loan guarantees to fund immigration from the former Soviet Union, Israeli newspapers said last Friday. Prime Minister Yitzhak Shamir's office declined to comment on the reports which said
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      • 64 9 BEIRUT Syria is negotiating to buy US$2 billion (553.3 billion) worth of combat aircraft and missiles from Russia, the Lebanese daily Al Hayat reported last Saturday. The paper, which is close to Saudi Arabia, cited Russian sources in London as saying Damascus wished to buy
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      • 63 9 BONN Germany will slash its planned defence spending by more than one-third over the next 13 years and reduce much of its inventory of heavy military equipment. Defenci Secretary Gerhard Stoltenberg said last Saturday that ths planned defence cuts and military realignments reflected changing world
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      • 70 9 MEXICO CITY In spite of the government's failure to meet its 1991 inflation target of 14 per cent by nearly fiv< percentage points, Mexico's economic recovery continues on track and single-digit inflation may be just a year away, say analysts. "The 18.8 per cent (inflation figure) is
        70 words
  • Page 9 Advertisements
    • 65 9 Russian central bank to supply cash to republics on its terms, Pg 25 Sharp drop in exports of Russian oil products, Pg 26 Acclaimed by thousands of participants in 15 countries n Kirk Tyson's -r *0 0 H BUSINESS INTEUKSENCE SEMINAR now in its ninth year 22 23 January 1992,
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    • 191 9 Only Sharp can copy this. 5-Year Best Buy Decree of Excellence Platinum Award 1986 1990, by Hanson's Guidelines. Based on computer analysed user experience surveys conducted by Perceptual Evaluations Ltd, the recognised consumer report of the copier industry in the U.S. Copier Manufacturer of the Year By Market Research Consultants
      191 words

  • ANALYSIS
    • 1337 10  -  Behind the apparent successful opening of the Korean stock market was what one broker could only describe as a shambles. Ray Heath reports from Seoul Ray Heath The writer is the Editor of Equity International. AS A LESSON on how not to open a
      1,337 words
    • 1105 10  -  Amtek Engineering is one company that believes in following its customers wherever they go, and its factory in Parit Buntar, Perak, is an example of this. Carolyn Lim has the details Carolyn Lim IN THE sleepy hollow of Parit Buntar, Perak, in northern Malaysia, a
      1,105 words
    • 830 10  -  Leonard Silk on why the recent bilateral macroeconomic commitment between the US and Japan makes sense Leonard Silk NYT THE AGREEMENT between US President George Bush and Prime Minister Kiichi Miyazawa of Japan to try to accelerate world economic growth gives flesh to
      NYT  -  830 words
  • Page 10 Miscellaneous
    • 45 10 DOONESBURY BY GARRY TRUDEAU okay,folks. lets nove r ON TO JOB OPENINGS A INT&NATIONAL CURRENCY I NOT.. OKAY. NOU, EVERFEEL FEW GREAT OPPORTUNITIES I9SUEG? OKAY, ANYONZIN I NOOOPY* PONTT PESfWR... *)U UJERE HAVE BEEN LASERS*ANY W I PERFECWY REFERRED PARAU& COMPUTER ENGI- I I IoXATW
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  • Page 11 Advertisements
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  • ENTERPRISE & MANAGEMENT 1
    • 1320 12  -  Knowledge for the sake of knowledge and enlightenment is not good enough. So says the founder of Powermatic Data Systems. Joseph Rajendran talks to the man who applied his knowledge successfully in the real world. SINGAPORE'S Joseph Rajendran AFTER 10 years in universities, Dr Chen
      1,320 words
    • 571 13  -  Come May, 21 corporate executives from three continents will embark on a six-week international business Odyssey. The programme is jointly offered by Singapore's Temasek Polytechnic and two foreign institutions. Anna Teo reports Anna Teo IT promises to be an executive development programme
      571 words
    • 713 13 KPMG Management Consulting has come up with some tips on how British bosses can be in good shape for the economic upturn now in sight. Singapore bosses too can benefit from the advice. FT LAST year was not a good one for the chief executive in Britain:
      FT  -  713 words
  • Page 12 Advertisements
    • 211 12 redit Lyonnais Rouse is one of the many financial and I banking institutions that form about 60% of Singapore I Telecom's International Toil-Free Service (ITFS) subscribers. I With the service, Credit Lyonnais Rouse's clients I abroad can call free-of-charge to them directly to seek their I |^q W advice on
      211 words
    • 14 12 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT.
      14 words

  • Page 13 Advertisements
    • 222 13 Unleash your Creative Power using the Whole Brain Approach with I rjjkmg^kHL Ned Herrmann I Internationally-known authority on Brain Dominance I Pioneer of Whole Brain Creativity I World Vlfl Creativity is an essential ingredient for success Whole Brain Corporation. He has, for the past 15 in the business world. The
      222 words
    • 172 13 International Toil-Free Service (ITFS) offers Call-Free and Fax-Free facilities that can give your international business a real winning advantage. Just by Cbn- YOU CAN SEE <=■«-" AND HEAR Fax-Free to your THE OPPORTUNITIES phone or facsimile AROUND machine, your overseas customers can THE WORLD. contact you free-of- i 1 INTERNATIONAL
      172 words

  • Page 14 Advertisements
    • 182 14 Vw h' lr O d^~ c- vwr Vfc"* jK -^VW v\ :r i&£'& V *A Zj* #0 4» "2* 0 i Mondial Raffles $1000 Dream Week. wn Today till Wednesday only. JL $1000 for any item. One week only. U ><r4 x <;.k jJ Tlii- < vt.iHi.hrm is r>\ •criiM-J
      182 words

  • SPORTS
    • 489 15 AFP MELBOURNE Boris Becker will have to master two tennis titans just to reach the final to defend his Australian Open crown when the year's first Grand Slam event hits off here today. The triple Wimbledon champion, seeded three in Melbourne this year,
      AFP  -  489 words
    • 266 15 AFP SYDNEY Top-seeded Gabriela Sabatini killed the chances of a family sweep in the New South Wales Open tennis tournament singles titles by dominating No 2 Arantxa Sanchez Vicario 6-1, 6-1 in the women's final yesterday. Sanchez Vicario's brother, Emilio Sanchez, won the men's title
      AFP  -  266 words
    • 527 15 AP ORLANDO, Florida Meet Kristi and Christopher, national US champions. Kristi Yamaguchi ran away with her first title in the US Figure Skating Championships, even getting one perfect 6.0 mark for artistic impression in the free skate on Saturday. The 1991 world champion was US
      AP  -  527 words
    • SIDE LINES
      • 85 15 AUCKLAND Unseeded Jaime Yzaga of Peru overcame difficult gusting winds and American Malivai Washington yesterday to win the final of the NZ5182,500 New Zealand Open tennis championships. Yzaga, playing his first IBM/ATP Tour event since the US Open, defeated Washington 7-6 (8-6), 6-4 in
        85 words
      • 100 15 FRIMLEY GREEN, England Phil Taylor rode his luck on Saturday on the way to winning the World Darts Championship for the second time in three years. Six times the 31-year-old top seed was just one dart away from defeat by English rival Mike Gregory, but each
        100 words
      • 82 15 GARMISCH-PARTENKIRCHEN, Germany Markus Wasmeier of Germany mastered the tough, icy Kandahar course with a risky, aggressive run to win Saturday's Wortd Cup downhill that ended the Olympic hopes of three other racers. In an accident-plagued race, Berni Huber of Germany, starting third, crashed and suffered a broken bone
        82 words
      • 57 15 CARLSBAD, California Steve Elkington will be keeping a wary eye on Fred Couples going into the final round in the elite Tournament of Champions. "Freddie's lurking back there somewhere," Elkington said on Saturday after taking a 2-stroke lead through three rounds of the tournament that brings together the
        57 words
      • 34 15 MOSCOW Armenia's Olympic committee has officially asked for membership of the International Olympic Committee. Armenia declared its independence last September, but is a member of the Commonwealth of Independent States.
        34 words
      • 103 15 NEW YORK Four of the world's top milers Steve Cram of Britain, Peter Rono of Kenya and Steve Scott and Joe Falcon of the US have entered the men's elite mile of the American Airlines Miami Mile on Jan 19. Cram, a three-time Olympian, is the
        103 words
  • Page 15 Advertisements
    • 241 15 EVIDENTLY, THERE'S NOTHING AS CAPTIVATING. Today the new Jaguar XJS 4.0 Coupe is a clear o*loo km/h in just 7.9 seconds. less body roll on fast bends. A degree of restrained luxuty that surpasses evidence of a classic Jaguar line beautifully refined for The new XJS 4.0 Coupe not only
      241 words

  • Page 16 Advertisements
    • 540 16 M Nothing Beats A Bud. or UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday spm to lam Friday and Saturday spm to 2 am HWT REGOJCYISNGAPORE 10-12
      540 words
    • 306 16 WHERE TO WINE, DINE... I SPICE It OP AT If? W CAFE PLAZA Am 2 3 1 JANUARY Ayam Panggang. Adobo Pork. IW jp Ll j|| Green Curry Chicken. As a >. iPWJi seasoned diner, you'll find our y^fA > W Asean buffet a real treat. Anytime. A ill Ibll-free
      306 words
    • 213 16 I i^Bffii\ stagethctrh>^h>y^cc>a>medpefiofm nce I 3 flWd So*a 092 3 Chefs Carve: $23.00** ~-&3 -jjj 7r±z succulent roast on the '/M wagon carved to your choice. With complimen- tary soup of the day m reCn sa^aC Teochew Premium Porridge Buff el: $8.50** Enjoy a wholesome, very satisfying lunch with a
      213 words
  • Page 16 Miscellaneous
    • 669 16 TELEVISION AND RADIO 0 "T" 10.00 Today in Parliament 5.30 Saber Rider and the Star RAtilh s 7 1 A|w t .iJ;—...-. 10.30 Equal Justice Part of the Sheriffs. I AC2£LOV 730 AM CNN International I 1130 ABC Mystery Movies —BL 600 News' BBC, 88.9 mttz in VMP Band■ J
      669 words

  • THE ARTS
    • 700 17  -  Michael Kimmelman on a view of the late 19th century French artist, Henri de Toulouse-Lautrec, that most people have never seen before Michael Kimmelman NYT HIS IS one of the most familiar biographies in the history of art. He was born in 1864 into an
      NYT  -  700 words
    • 609 17  -  Susan Tsang on a drama in which Stamford Raffles confronts Lee Kuan Yew Susan Tsang WHAT happens when Sir Stamford Raffles steps off his pedestal to find PM Lee Kuan Yew? The possibilities in such a premise are marvellous. Unfortunately, Robert Yeo's play, The Eye
      609 words
    • 624 17  -  PYVan reviews last Friday's SSO concert P Y Van THE Singapore Symphony Orchestra began its new year with a stylish new programme booklet and a new work. Its first subscription series for 1992 opened with a bang last Friday evening with the world premiere of Heinrich Schweizer's Singapura,
      624 words
  • Page 17 Advertisements
    • 186 17 AND ENTERTAIN EB Businessman Lunch Buffet] Enjoy a sumptous appetiser and dessert spread with a choice of one main course. In the relaxing ambience of a hunter's lodge. Monday to Friday. 12 noon to 2.30 pm $33.00+ per person. ANA hotel For reservations, SlN £^,m please call 732-1222 ext 1582/97.
      186 words
    • 307 17 TRADmONAL Cantonese Cuisine Ho BEST HONG KONG DIAN XIN IN TOWN C L. 1 China China Restaurant A Marina Bay Golf it Country Club M Z 6 Marina Green Singapore oioi. For Reservations Please Call *****13. p Wa Tjf L Kokishin serves authentic Japanese cuisine, I; V) \J\ 1 ■-I
      307 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4730 18  -  By Lilian Ang GAZING into their crystal balls, analysts have predicted that the week ahead should be a relatively positive one for the market at least from the technical standpoint. The bouts of profit-taking on the local bourse, particularly during the second half of last
      4,730 words


  • 3202 20 Oriental Hldgs 550 +35 +6.8% Gentings 50« 705 +25 +3.7% Hume M 318 +20 6.7% NST 332 +18 +5.7% Boustead 50« 169 +17 +11.2% KL Kepong 237 +16 +-7.2% Uniphone Tel 177 +15 9.3% Esso 50* 384 +12 +3.2% Cons Plant 50* 142 +11 8.4%
    3,202 words
  • Page 20 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 5127 21 MBT NEW issues, Kumpulan Belton and Shapadu Kontcna, stole the limelight in otherwise mixed and lacklustre conditions at the Kuala Lumpur stock market last week. The two new issues made impressive debuts and posted relatively handsome premiums among recent entrants to the KLSE's
      MBT  -  5,127 words

  • BT SHARE INFORMATION SERVICE
    • 302 22 Data Year Croup Nat Nat Minings 6ms mii to profit/lots (L) p#r share dtvtoaad COOO) (coots) SPH Oec 24 Ai« 91 $153,802(1133.374) 62.6(54 3) 25(30) W Oiygen Oec 14 Jun 91 H$21,269 ($16.754) 4.7(6) 5(4 5a) S«a"nc Dec 13 Jun 91 M$648($8.476) 1.4(21.2) 2TE(6TE) Lum Chang Dec 11
      302 words
    • 146 22 Cifiy Date Yaw Graa* pra-tex Nat aaraiags Cms «n to pram/law (I) par skara dMdaad (•OM) (eaate) KL Kepong Dec 27 Sap 91 M$85.468($84,804) 15.3(14.8) 15(15) Pacific Can Dec 24 Sep 91 $138(11,3871) 0.2(-) Van Der Horst Dec 24 Sep 91 $2,960($2.800) 4.7(4.2) 1(1) Mearnes Dec 17 Sep
      146 words
    • 533 22 Cmipmv Date Hathyar few* prt-tex tatori" r mm t* pr«At/lm (L) iMiw* cow *Mek Dec 31 Sep 91 $489l($1.958) Sateras Res Dec 31 Sep 91 W$2.023($462L) fAC8 Dec 30 Sep 91 M$5,255 ($4,861) -<-) SeJ Dredge Dec 30 Sep 91 M$2.391($579e) Imta Dec 27 Sep 91 M$3,270l ($2,6151)
      533 words
    • 592 22 Jan S Steamers Maritime Hokfenp. a member of the Keppel Group, has formed a business centre, the Saigon Business Centre, through a K*nt venture with state-owned Saigon General Post Office of the Ho Chi Mmh Post Telecommunications in Ho Chi Mmh City. Lan 7 Cement maker Pan Malaysia
      592 words
    • 1555 22 Traas Registered Satataatial ■ay/ Na. af Aaiaaat SkarakaMlag Stock Date HaMar SharafcaMar/Diractar Sail skaras s DfTpn Altar NitSteei 03/02/92 Street Names DBS Bank •s 1,000 4,*****0 40.393.698 1902 40.392.698 1902 NOL 07/01/92 DBS Nominees (Pte) Ltd Morgan Stanley Group B 40,000 64.800 000 47.284.000 1012 47.324.000 1013
      1,555 words
    • 542 22 Carrwt Ex Mu Ma Tatal tar Tatai tar PDMit data ctaaa WUMI tJw yaar last yar ABB 50c 12% (b) Obc 30 Jan 14 Jan 21 12% 10% JM Steel 50c 10% Oc 9 Ok 23 ton 20 20% 20% kit radkc 18%N Jan 9 Jan 21 Jan
      542 words
    • 513 22 Main Board Last Fb« Yaar Cnpm, Period Date Tw Net EPS frees Nat wm< (cants) J» pre* m year (Tan) EMS Find Nov 6 M 91 3 0TE 17.878L Cantreport Intenm Jan 25 Jun 92 50 5.8 13,549 Khali Gum Intern Jan 31 Apr 92 4.0 619.218L G
      513 words
    • 179 22 Company Rights Issue Ah Fac Land Four tor-seven MJO 50 per dare Ex-date Jan 3 Books dose Jan 17 Acceptance Payment NYA City Dtv Renounceabie njhts issue on the bass of one4or-tan {285 per share Ex-date Dec 9 Books dose Dec 19 Acceptance I Payment Jan 28 Jacks
      179 words
    • 491 22 Company Right* Issue Wanca Tk» Onfrfor-one II 00 per shift Man Issue of *****8m nominal amount of 3.5% Redeemable Unsecured Guaranteed Bonis 1991/96 wrtfi *****m detachable warrants on the bass of 12 nominal amount of Bonds for every three eusUtg shares held Every S2 nominal amount of Bonds
      491 words
    • 97 22 Miiyiiw Resources Corporation Bhd: EGM at 31 32. Ground Floor, Resource Complex, 33 Jaian Segambut Atas, Segambut, ***** Kuala Lumpur on Wednes- day, Jan 15, at 10.30 am Singapore Press HoUr*s Ltd: 7th AGM at News Centre, 82 Gentmg Lane, Singapore 1334, on Saturday, Jan 18, at 11.30
      97 words
    • 113 22 Coa version Special Trig Scriplm Coamsioa deadline Period Trading Compaay starts (IDP) (ST) starts City De* Dec 26 Jan 16 Jan 6 Jan 16 Jan 17 H Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTPHIdgs Sep 16 Oct 10 Sep 30 Oct 10 Oct II
      113 words
    • 183 22 RECORD HIGHS LOWS BT Comoostte Index ST Industrials Index 1992 N* 1252 59 7/1/92) jgj-g 1992 tar 1232.84 (2/1/92) S. SS 5/1/25 1991 *e 1333.08 (3/6/91) J* gjfjj 1 1991 tow. *****2 (16/1/91) J* P 27/3/90" 1990 N0c 1435.43 (16/7/90) J*** 2 1990 Int 981.07 (09/11/90) }2£. JJ? SJ 1919
      183 words
    • 329 22 Ill local am la SI la US$ dy yr dy yr dy yr Jaa 9 Index chgt chgt ch«t chge d» dy World 410.8 0.9 14.7 0.7 8.9 0.4 16.5 tEAFE 503.8 0.9 7.2 0.6 3.3 0.3 10.4 Europe 417.7 1.3 14.6 0.7 4.0 0.4
      329 words

  • MARKET REVIEWS
    • 449 23 AFP v •)>T0KY0 SHARE prices nose-dived in the first week of the year in volatile, arbitrage-dominated trading on the Tokyo Stock Exchange, dealers said. The Nikkei Stock Average of 225 selected issues closed the week at 22,381.90 yen, down
      AFP  -  449 words
    • 664 23 Dow hit all-time highs twice last week FT CERTAINLY, there was little sign of any big set-back for much of last week. The Dow Jones has now closed at record levels on eight of the last 10 trading days representing a
      FT  -  664 words
    • 224 23 HONGKONG THE major feature of the market last week was portfolio restructuring. Bank shares which have performed remarkably on both a quarterly and a yearly basis encountered heavy profit-taking. On the other hand, the long-suf-fering laggards like Hutchison Whampoa and New World
      224 words
    • ASIAN MARKETS ROUNDUP
      • 162 23 THE Australian share market made healthy gains during the week, fuelled by a weakening Australian dollar, brokers said on Friday. The market indicator, the All Ordinaries Index, finished the week at 1,668.0, a rise of 28.2 points on the previous Friday's close. The All Resources Index gained 5.3 points
        162 words
      • 165 23 THE Taiwan stock market made great strides during the first trading week of 1992 as a spending spree plucked the bourse out of its recent stagnation. The 251-issue weighted price index surged 182.15 points or 4 per cent from the last trading day of 1991 on December 28 to
        165 words
      • 99 23 SHARE prices slid markedly during the past week after a sharp surge the week before as South Korea's bourse partly opened to direct foreign investment. The broad-based Composite Price Index, which had risen in a bullish mood created by foreign investors by 26.08 points to 650.31 points on Jan
        99 words
      • 160 23 THE Philippine stock market ended the past week with mixed results due partly to the failure thus far to find oil in an offshore drilling effort which began two weeks ago, bourse spokesmen said last Friday. The composite at the Manila Stock Exchange hit 1,219.8 points Friday, down 0.1
        160 words
      • 125 23 PRICES on the Indian stock market suffered a moderate decline last week largely because of profit-taking by investors following the previous week's bull rally, market sources said on Saturday. The Bombay Stock Exchange (BSE) sensitive index shed 24 points to close the four-day trading week at 1,972.5 points. The
        125 words
      • 122 23 THE Jakarta Stock Exchange (JSE) closed the first full week of trading in 1992 with a lukewarm level of transactions and most share prices remaining stagnant. Average daily transactions stood at 5.79 million shares worth 23.59 billion rupiah. The last full week of 1991 saw daily trading average at
        122 words
    • 876 23  -  But fund managers believe worst is over for economy, survey shows By Ray Heath NEVER mind what the analysts write, they are only trying to drum up business for their firm. What really counts is what the ultimate customer which in the
      876 words
  • Page 23 Advertisements
    • 156 23 PRIME LAND AT J ALAN TAMPOI, JOHORE BAHRU Tender closes on 31 Jan 92 at 3 pm A it* W SUBJECT SITE \vL_ J JSs^z^mr: JM Wk^%Ss. $/cf s^ ==::^Lr^ ffi tor iis2 ij\ Tio. S4«t X/C w,,vt "SAi —1_ /jgf r wx Lj^y\/ Freehold site of approximately 20 acres.
      156 words

  • WORLD STOCK MARKETS
    • Wall Street cancels gains set by 2 records
      • Article, Illustration
        1263 24 STOCK prices fell moderately across the market last Friday, cancelling out the small gains that had nudged blue chips to two records last week. The Dow Jones Industrial Average dropped 10.07 points, to 3,199.46, ending the week 2.02 short of where it began. The drop followed a stronger-than-expected
        1,263 words
      • Article, Illustration
        783 24 SHARES finished lower on Friday, affected by profit-taking on the closing day of the account and falls on the financial futures market. The FT-SE 100 Index closed at 2,477.9, down 20 points. The FT-30 index eased 30.6 points to 1,874.2. Trading volume was 583.2 million shares against 713.5 million
        783 words
      • 263 24 SPURRED by a rising US dollar and firmer bond market, Dutch shares added to Thursday's gains, but by the last hour or two, volume dwindled and prices ran out of steam, dealers said. The EOE Index closed 0.29 firmer at 283.05, having been as high as 284.11 in mid-session.
        263 words
      • 288 24 SHARE prices closed firmer on Friday, but off their day's highs, as lower interest rates, a further decline in Swiss inflation and the strong dollar supported sentiment, brokers said. The all-share SPI index added 7.8 points to 1,087.9 after topping out earlier at 1,089.2, and the SMI index of
        288 words
      • 143 24 An increasingly confident Paris bourse absorbed an early scramble by profit takers on Friday to keep huge gains carried over from Thursday, traders said. The CAC-40 index ended only marginally up 3.58 points at 1,837.44 but volume at 3.8 billion francs was just a shade below Thursday's unusual four
        143 words
      • 348 24 SHARES ended at an eight-week high on Friday, propelled by growing market optimism that German steel industry pay talks could end soon with a moderate settlement. Frankfurt's 30-share DAX index outperformed the indices of other European centres to end 25.95 points, or 1.6 per cent, higher at 1,615.71, its
        348 words
      • 389 24 A SHARP rally in gold shares and continued demand for a limited supply of quality issues across the board combined to push the Johannesburg allshare index to new highs on Friday. Dealers described trading as brisk, with overseas investor interest encouraged by a weaker foreign investment currency, the financial
        389 words
      • 256 24 STOCKS maintained gains in late afternoon trade on Friday but at a much slower pace than Thursday which saw a 65-point jump. "It held its gains and in the near term there's still room to move," said John Ing, president of Maison Placements Canada Inc. "The banks were the
        256 words
      • 101 24 PROFIT-TAKING pulled Swedish share prices down from sharply higher morning levels on Friday, but dealers said the market was unmoved by the official release of the 1992/93 state budget in the morning. By mid-day, the general index was up 0.58 to 944.50 in turnover of 264 million crowns after
        101 words
      • 216 24 STRONG buying of blue chips led the market higher on Friday after news that Italians would probably go to the polls in early April, but the rally was losing some steam by the close. The all-share MIB index ended 1.55 per cent higher at 1,048 points, with the underlying
        216 words
      • 197 24 INDICES TURNOVER NEW YORK ClOM Previow Jan 13 Dow Jones SAP 500 Turnover (million) 3.199.46 415.10 236.1 3,209.53 417.61 292.4 -10.07 -2.51 -56.3 LONDON Financial Times X) FTSE 100 Turnover (million) 1.874.2 2.477.9 583.2 1.904.8 2.497.9 713.5 -30.6 -20 -130.3 FRANKFURT DAX Index 1.615.71 1,589.76 +25.95 AMSTERDAM EOE Index 283.05
        197 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 375 25 NEW YORK Reuter THE US DOLLAR closed sharply higher for the second day in a row on Friday as stronger-than-expected US payroll data spurred more covering of short dollar positions. "The ferocity of short-covering proved relentless. Many long-term traders were stopped out of the
      Reuter  -  375 words
    • 852 25 ASIAN CURRENCIES AFP THE yen hit a 37-month high against the greenback as speculation mounted that US President George Bush and the Japanese Premier would agree on a higher rate but fell back after no such deal materialised. The Taiwan dollar, bolstered by
      AFP  -  852 words
    • 384 25 Cross rates Jan 11 USS S$ MS Dm Yen SFr AS NZS USS 1.6330 2.7250 1.5820 127.10 0.5591 1.4085 1.3532 1.8416 SS» 0.6124 1.6626 0.9522 77.1586 0.3359 0.8494 0.8275 1.1257 MS 0.3670 0.60 0.5806 46.6422 0.2052 0.5169 0.4966 0.6758 Dm 0.5321 1.0502 1.7225 80.34 0.3534 0.8903 0.8554
      384 words
    • 526 25 Interbank rates S$ Bid Offer Overnight 3 3/4 4 1-month 2 3/4 2 7/8 2-month 2 13/16 2 15/16 3-month 2 7/8 3 Overnight mode: 3-3/4 LS$ High Low 7 days 4 5/16 3 15/16 1 month 4 3/16 3 15/16 2 months 4 1/8 3 7/8 3
      526 words
    • 745 25 Reuter LONDON Economists are unanimous in their belief that the British government will try to defend the pound with intervention and rhetoric over the next few months. Twenty one economists polled by Reuters said they expect the government to try to
      Reuter  -  745 words
    • 545 25 Reuter MOSCOW Russia's central bank took a firm grip on the financial reins of the new Commonwealth of Independent States on Friday, stressing that it controlled the supply of cash and setting new rules on the value of the
      Reuter  -  545 words
    • 433 25 BANKS ABN Amro Bank NV 7* Allied Irish Bank PLC 8'/j American Express Bank 8 Arab Banking Corp 8 Arab Bank PLC 7'/« ANZ Banking Group 7Vj Vk Banca Commerciale 7V« 8 Bangkok Bank Vk Bank Bumiputra 8 Bank Negara Indo 7'/: Bank of America 7VJ Bank
      433 words
    • 157 25 COMEX Jan m COLD FUTURES (100 oz) USS/oz Open High Low Settle Change Jan 92 356.20 -0.40 Feb 357.80 360.50 356.80 356.90 -0.60 Mar 359.80 359.80 359.80 357.80 -0.60 Apr 360.00 362.80 358.70 358.90 -0.50 Jun 362.00 363.00 360.50 361.00 -0.40 Aug 363.00 364.50 363.00 363.10 -0.30 Oct
      157 words
  • Page 25 Advertisements

  • COMMODITIES
    • 312 26 NYT NEW YORK Reacting to the recent tumble in oil prices, Venezuela cut its production by about 2 per cent i on Friday and said it hoped others would follow. The move pushed the price of oil up slightly on the
      NYT  -  312 words
    • 192 26 Reuter GUWAHATI. India India harvested a record tea crop of 730 million to 740 million kg in calendar 1991, but the demise of the Soviet Union means its exports could suffer a serious fall. Indian Tea Association chairman Hemendra Prasad Barooah said
      Reuter  -  192 words
    • 312 26 Reuter AMSTERDAM Exports of Russian refined oil products from the Baltic have plummeted due to administrative chaos, traders and shippers said. "There has been a huge void in the Russian programme,'* a London-based trader with a major oil company said. Reasons for
      Reuter  -  312 words
    • 904 26 REPORTS AFP ANTICIPATION of a resumption of Iraqi exports saw North Sea crude fall below US$l7/barrel last week for the first time since the end of the Gulf war. The market was expecting a meeting between the UN and Iraq to reach
      AFP  -  904 words
  • 1197 26 Rubber HAS (fob In bates) S cents/kg Int 1 RSS Close Jan 6 129.00 Jan 7 128.00 Jan 8 127.75 Jan 9 128.00 Jan 10 127.50 MRELB (fob in bates) M cents/kg Int 1 RSS Close Jan 6 213.00 Jan 7 214.00 Jan 8 213.50 Jan 9 213.50 Jan
    1,197 words
  • Page 26 Advertisements

  • 1195 27 CH, FUgM ETA FNfM no Mm Maki GA892 0015 JUMaMa 2040 SQ227 2130 AJUMID RJ182 1440 RJ 183 2320 SQ23 0700 GA892 0015 KL841 1400 KL842 2325 Ej2||M SQ36 2230 P*!T^ pr Wl NZ25 1530 NZ28 1645 SQ288 2035 BA12 2155 tauter Sari B1421 1105 SQ182
    1,195 words
  • THE TRAVEL PAGE
    • 596 27  -  POSTCARD FROM TAIPEI By Nicholas Kristof Tune to 100 on your FM dial some bleary morning in Taiwan, and you might think that unusual atmospheric conditions had somehow brought in a California radio station. There's an American disk jockey bantering joking in English,
      596 words
    • 152 27 As at 3pm on Jan 10: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2049 1.2213 Canadian dollar 1.4054 1.4338 NZ dollar 0.8783 0.9140 Sterling pound 2.9606 3.0008 US dollar 1.6280 1.6360 I>ocal dollars to 100 units of foreign currency Austrian schilling
      152 words
    • 67 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Jan 12-19 Do-lt-yourself 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
      67 words
  • Page 27 Advertisements
    • 38 27 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from start to Pinnich
      38 words
    • 65 27 The million-dollar BUSHMOBILE This is no ordinary car. It's handbuiit, armoured and has a V-8 truck engine. Just for US President George Bush's Asian- Pacific tour. And he had a special airplane just for his entourage. But was his trip a fruitful one? What did he achieve? And how did
      65 words
  • Page 27 Miscellaneous
    • 164 27 5 Medium, Clive, he was J!— 10 Erosion of the river (4) 11 Mum on the mat gives a was proin the Mexican peninsular ment (7) 28 Each back Oriental (7) Take another s freedorTl DOWN 3Way (7) 1 Plant to put in the garage! 3 SATURDAY S SOLUTION <•
      164 words
    • 196 27 Singapore Outlook: Windy with showers over a few areas in the afternoon Report: Maximum temperature 29.5 Assoc humidity 69% Minimum temperature 23.3 Assoc humidity 93% Hours of sunshine 1.85 Rainfall in mm 2.4 Rainfall this month 4.5 Rainy days this month 2 World report Asia-Pacific Hi/Lo* Cond. Auckland 24/16 Cloudy
      196 words
    • 34 27 h«l;i.VM£W!li!BgJ I soroe&opy pjts yopg nawc 1 v+p,ve.To Be. Nomiapfltn UHW is this Pereß ew i cp,n't just fT'S eXPvCTLV WHKTP® v I—i1 —i J V'T SAVS V EVE NINO STANOAJU3 CO. LTD.. IM2-IMI
      34 words

  • 417 28 Rates have to remain relatively high: Tietmeyer IHT FRANKFURT The Bundesbank, rejecting a call by the US and Japan at their Tokyo summit meeting for action to stimulate economic growth, stood its ground last Friday and said it would not lower interest rates
    IHT  -  417 words
  • 95 28 Reuter HONGKONG The Hongkong Association of Banks said it decided to leave interest rates unchanged at Friday's regular weekly meeting, with the prime lending rate staying at 8.5 per cent. Analysts have been expecting a cut ever since US prime was cut to
    Reuter  -  95 words
  • 472 28 Agencies MOSCOW Russia has moved to heal a rift with Ukraine by awarding part of the disputed Black Sea fleet to Kiev, said a joint communique published by the Tass news agency yesterday. The two sides said they agreed that
    Agencies  -  472 words
  • 250 28 AFP BEIJING China's Xinjiang region is expecting a boom in trade this year across its long border with the Commonwealth of Independent States (CIS) and other countries, the China Daily said yesterday. "There will be a flurry of activity along the 3,000-km
    AFP  -  250 words
  • 201 28 AFP TAIPEI Taiwan is considering buying weapons from the newly-established Commonwealth of Independent States (CIS) while trying to develop substantive ties with the 11 CIS nations, lawmakers here said yesterday. "The Defence Minister has many times asked me about the possibility of purchasing arms
    AFP  -  201 words
  • 429 28 Reuter WASHINGTON Japanese Prime Minister Kiichi Miyazawa, after completing a series of trade agreements with US President George Bush, said he saw little else that could be done to even out the trade gap between the United States and Japan. In a taped
    Reuter  -  429 words
  • 308 28 Agencics WASHINGTON Middle East peace talks will probably be resumed today, leaving little time for solving ArabIsraeli border disputes and working out a formula for Palestinian autonomy. According to diplomatic sources, the Israeli delegation, which has been here for a week trying to
    Agencics  -  308 words
  • 483 28 BRUSSELS The European Community on Saturday held firm in its opposition to reductions in farm subsidies proposed in world trade talks, but gave a guarded nod to a broader set of proposals that could form the basis of a new world trade accord.
    483 words
  • 37 28 KLANJEC, Croatia A Croatian woman carrying her baby into a train where 120 refugees from Slavonia had sought shelter last Friday. As of yesterday, the ceasefire in Yugoslavia's civil war was reportedly still holding.
    37 words
  • 237 28 Agencies Reuter SEOUL South Korea's stock market watchdog will punish seven companies for failing to report direct sales of substantial stakes to foreign investors by banning them from issuing new equity for three months. "(We) decided to reprimand them to prevent any disorder
    Agencies; Reuter  -  237 words
  • Page 28 Advertisements

  • Shipping Times
    • 312 29  -  By Dexter Lee SINGAPORE Bermudabased Sea Containers Ltd has leased 200 of its new Seacold 340 hi-cube refrigerated containers to Eacßen to be used on the latter's recently-started Europe-Far East service. Eacßen is a joint venture formed between East Asiatic Company (EAC)
      312 words
    • 220 29 Reuter CHICAGO America West Airlines Inc, one of the few surviving upstart airlines of the industry's 1978 deregulation, should emerge from bankruptcy protection by summer, a company executive said. Thomas Burns, senior vice-president of sales and marketing, said in an interview
      Reuter  -  220 words
    • 244 29 AFP SEOUL The first doublehulled tanker to be built by the US oil industry was commissioned last Friday by Conoco Inc at South Korea's Samsung Shipbuilding shipyard, officials said. The US$5O-million Patriot is one of four tankers Conoco has ordered from Samsung Shipbuilding
      AFP  -  244 words
    • 462 29  -  By Rahita Elias SINGAPORE The Australian market's importance and the hope of ironing out "kinks" in the relationship between Singapore Airlines (SIA) and Qantas are serving as the main incentives for the national carrier's interest in buying a piece of its Australian
      462 words
    • 219 29 Reuter BONN Construction of Germany's futuristic 500 km per hour Transrapid train took a step closer to reality on Thursday as it won the support of two ministers. Research minister Heinz Risenhuber and Transport minister Guenther Krause told a news conference the train now had passed
      Reuter  -  219 words
    • NEWS SUMMARY
      • 62 29 THINGS are changing in the international salvage industry. A Greek salvor says underwriters are much tougher, and the rewards smaller and longer in being granted. Also: the International Salvage Union hat introduced a Code of Conduct, which establishes areas of regional influence, to
        62 words
      • 41 29 A JAPANESE car makers' pledge to double their purchases of car parts from US suppliers is far from a panacea for the gigantic US$lOO billion (SSI63 billion) industry, several parts manufacturers said Back Page
        41 words
      • 41 29 A WORK slowdown at two Hyundai Motor Corp plants has halted exports of South Korea's largest car maker, and the company has struck back by firing nine alleged strike leaders, a company spokesman said Bade Page
        41 words
      • 54 29 AN Antarctic supply ship broke free from unseasonal pack ice last Friday after being trapped for two weeks ofT the coast of the frozen continent. The Icebird, a German-owned ship carrying 62 Australian Antarctic expeditioners, reached open water after southerly winds helped break up
        54 words
    • LOG BOOK
      • 74 30 ATLANTA United Parcel Service said on Thursday it agreed to acquire the Dutch shipping firm Beemsterboer as part of its plan to set up a fully integrated distribution network in Europe. The privately held package distribution giant, which put its annual revenues
        74 words
      • 65 30 SINGAPORE The new Audi 100 is set to be launched into the Singapore market later this month. Made in Germany, the luxury saloon is equipped with a procon-ten safety system said to make it the world's safest car today. The automobile has also
        65 words
      • 78 30 FRANKFURT German carrier Lufthansa is boosting its sales organisation by appointing a passenger services area manager each for Europe, Asia/Africa and North/South America. From June 1, the three new appointees will take responsibility for the profitability of their respective regions. Hebert Steppat will be the head,
        78 words
      • 65 30 LONDON Financial and management problems at Airbus Industrie's three biggest partners could scupper plans to develop at least one new aircraft, the Financial Times said. The consortium's French partner Ste Nationale Industrielle Aerospatiale is thought to oppose development of the A 319 aircraft, the report said.
        65 words
      • 57 30 LAGOS Nigeria has cancelled plans for a new tanker tax, equivalent to about US$3 per tonne of oil, that was to ha\c been levied from Jan 15, sources said. They said producers were still talking with the government on a planned freight charge, which would
        57 words
    • 864 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      864 words
    • 577 30 SENTIMENT in the dry cargo charter market was slightly more optimistic than during the holiday period when rates slipped on lack of volume, brokers said on Thursday. Reflecting this trend, the Baltic Freight Index rose seven points to 1,484, showing firmer Atlantic and time-charter routes and a mixed
      577 words
    • 793 30  -  David Glass reports on the salvage industry's quest for proper recognition of its contribution David Glass Seatrade Review IN recent months, Nicos Tsavliris has variously been branded a lone wolf, brave man, troublemaker, stirrer, crazy romantic and antiestablishment. The 45-year-old Greek who finds himself
      Seatrade Review  -  793 words
    • 1227 30 Page Col ABC Containerize 12 I Accord Group 8 1-3 Ahrcnkiel 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 5 Arrow Int 9 4 Asian Break-Bulk 16 5 ASXCL Shpg 15 2
      1,227 words
    • 6562 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,562 words
    • SHIPS IN PORT
      • 596 45 itmI W» Berth fcmal [toparturi Vmd Voy No Berth Arm* Pepartot Marina Tftrffiifiai 1 JUTOfl{ Port Serosa 01/92 M01 alongsdt 12.01/1800 Se,a J 1/92 j 2 !?n!/?2S Or Express 1 08A/91 M03 alongside 1201/2300 ™»ang a n Jw SJ Batam Baru B119 M04 1301/0900 1401/2300 i*V? V
        596 words
      • 1005 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookiit/Batanci Mb Ship Voy No Etb/Btr Pviod From To From 517 UTMOO 2 11/1700 12/0659 12/0900 T 4 12/1200 12/1459 12/1700 )oboo *****N 14/0300 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 OIN *****00 i 11/1500 11/1659 11/1900 2
        1,005 words
    • 156 46 AFP SEOUL A work slowdown at two Hyundai Motor Corp plants has halted exports of South Korea's largest automaker, and the company has struck back by firing nine alleged strike leaders, a company spokesman said on Friday. The spokesman said a slowdown at two of
      AFP  -  156 words
    • 219 46 AP HOBART, Australia An Antarctic supply ship broke free from unseasonal pack ice on Friday after being trapped for two weeks off the coast of the frozen continent. The Icebird, a German-owned ship carrying 62 Australian Antarctic expeditioners, reached open water after southerly winds
      AP  -  219 words
    • 253 46 UPI MIAMI American Airlines, already the largest airline at Miami International Airport, expects to add up to 2,000 jobs as it expands in the region over the next three years, the airline said. During a visit on Wednesday, American chairman Robert Crandall pushed
      UPI  -  253 words
    • 365 46 AP NEW YORK The greatest parade of tall ships in modern history will sail in New York waters on July 4 as over 130 vessels from 30 countries celebrate the 500 th anniversary of Columbus' discovery of America. New York city Mayor
      AP  -  365 words
    • 563 46 Reuter CHICAGO Japanese automakers' pledge to double their purchases of auto parts from US suppliers is far from a panacea for the gigantic US$lOO billion (SSI63 billion) industry, several parts manufacturers said on Thursday. "We are not discouraged by the numbers.
      Reuter  -  563 words
  • Page 29 Advertisements
    • 161 29 o, W.;; 1 »I» ?a AFTER 140 YEARS IN SHIPPING, IS IT ANY WONDER THAT WE HAVE BECOME EXPERTS? The shopping street of Rue du Port in Clermont Kerrand, Central France, teems with people searching for the latest fashions and the choicest foods. Not surprisingly, queues abound, with traffic invariably
      161 words
    • 165 29 THE SPECIALIST IN: e Wire Rope SSnp\ e Materials inaww Jm I■— M FACBJnEB Sm Lifting ]MC immilßDfl BOTFLY 00. (PIS) im TB- —111 [i I***) TUL MCCO MWIFU «MC7 H|l||mM|||||H||H !Si For over 70 years, "K" Line has been building and perfecting a total global shipping system covering land,
      165 words
    • 31 29 Cadutt Report 2 Contanr Schedule 17 My frwghti 2 Index to UwUien 2 Shorn Gude 10.11 Shps m Port 17 Support Tries 17 Transport Dory 3 Mother and Set ConMns 17
      31 words


  • Page 31 Advertisements
    • 2338 31 OOCL (8) PTE LTD JARDIME SHIPPING AGENCIES %I|V## \lllfr BOOKINGS TEL: *****234 *****58 THIM H ——H TERMINAL/CFS TEL *****218 220 I COOQ3 f l PESAKA JARDINE SHIPPING AGENCIES SON. OHD. LVq/J PORT KELANG TEL *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 mBTOHHI Dedicated to Quality
      2,338 words
    • 1910 31 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
      1,910 words
    • 1528 31 ■□cnnsanza TWO SAILINGS TO USA MADISON MAERSK V 9202 ETA SIN 22/1/92 AXEL MAERSK V 9202 ETA SIN 20/1/92 Vessel Voy ETA I ETD Feeder by 1 DESTINATIONS World Lynx/ Johanna to Thi» week Majestic Maersk 9202 CV 14/1 0800 mrs Port BN MMI BMi CFS 13/1 2359 HRS Kelang
      1,528 words

  • Page 32 Advertisements
    • 1407 32 ROTT EDAM/I I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP L 6 HAVRE KAGA 22/102 18/1 9/2 8/2 5/2 HANNOVER EXPRESS 08/302 21/1 5/2 7/2 10/2 11/2 HiiWr KURAMA 14/103 23/1 15/2 11/2 10/2 ui tiwi FRANKFURT EXPRESS 80/303 28/1 12/2 14/2 17/2 18/2 POST KUANCi PINAJiC KASUGA 1 19/104
      1,407 words
    • 696 32 SEASPAC SERVICE DWECT SOUTH PACIFIC SERVICE SIN nou suv PPT U BONTANG 3106 EB 25-28/01 10/02 13/02 18/02 IMPERIAL 3202 EB 23-28/02 12/03 15/03 20/03 Transit Time (13) (16) (22) ALSO ACCEPTMG CARGO VU SUVA TO: LAUTOKA, PAGO PAGO. APIA. NUKUALOFA. P. VIA FASTEST SERVICE TO CHM.E/POHJ SIN 100 ANF
      696 words
    • 1526 32 t>£wm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE m im VSL/VOV SM ALG BCI HAM BRE ROT ANT FEL UM (VIA (VIA (VIA Hfi) MM) MOT) NORASIA MUBARAK 9144-3 12/01 03/02 05/02 09/02 11/02 11/02 13/02 12/02 13/02 NOR ASIA AL MANSOORAH 9145-3 21/01 12/02 14/02 17/02 19/02 lt/02
      1,526 words

  • Page 33 Advertisements
    • 1972 33 wm m STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building tEmJKEI Singapore 0208 Tel: *****88 Far. *****17 ACCEPTS DUE SAtS SPORE B KOK CARGO PEGASUS PROGRESS V.701N 21 22 lAN 25 26 lAN STRAITS STAR VOIE kfeura Skin. 1»« Port 13 to* MGENUTY V.lt/N 18 19 JAN
      1,972 words
    • 2442 33 SINGAPORE AGENT: /^rw||4-/||firv-fp PAO Container* (Singapore Agencies) Pte Ltd JL d 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 w- CR Number **********0Z EXPORT IMPORT VIIHL VOY 'WHO NN ALO SOU ANT MOT HAM JBD VIBBtL
      2,442 words

  • Page 34 Advertisements
    • 451 34 VT CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE PRE LUNAR WEW YEAR LOADER MV. KUTAI VOY 24W8 14/1 16/1 "A" VESSEL 20/1 23/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Swbi*ct to mduc*m«nt. Alao accepting cargo to CaMbUnca, Port Said, Port Alexandria, Genoa, Triaate. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO
      451 words
    • 1262 34 (g) H ANJIN SHIPPING u*i I riftf (i nc maii IGS OAK FN VSI SM UNI HAUL WH Ml HVC fMNJVM(NANGTANG 084E I 13/1 jH. LEHAVK OIK 3/2 6/2 13/1 Aggjf"* UAMm AAKikm OUS 1 18/1 WRfCT 10/2 13/2 HAMIN KUNSAN 0701 ?0/l K SAfAMVRN uji */j KSSCTSk ?7/l OKCT
      1,262 words
    • 1158 34 !Id -1 rl -T3"=P"^^ InastrtMKKiaenswTOSiNGTaßrrouiosMißrciMrwMmwiwnDCMna I I LOAOMC KV7 15/1 lt/1 21/1 22/1 N/1 27/1 21/1 U/l 31/1 1/2 1/2 14/2 21/2 21/2 1/] 11/3 11/1 U/J 13/3 IV3 25/3 4/« 1/4 1/4 (OMTK Wi 22/1 21/1 21/1 2S/1 11/1 1/2 4/2 i/2 7/2 1/2 It/2 21/2 4/1 i/1 1/1
      1,158 words

  • Page 35 Advertisements
    • 1862 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 nepline SDN bhd Malaysia K.L-(03) *****33,
      1,862 words
    • 983 35 SINSOV is PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES LASTBOUND—OBCHAAQNG NESTBOIfC-IOAOWG TRAWSHTftD YU ROTTERDAM ■55 WW |MI 5t DOT |sw Inu Iwt In Imt >g *«ei Ivor Inn r rowmm a»i is/oi ?2/oi u/oi «whi *<>' i>o? is/«? to o? ?m? a* w* w
      983 words

  • Page 36 Advertisements
    • 1571 36 K k <W M AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) V V m. T 1 TEL *****77 TELEX: KAWAKIRS23I6S FAX *****07/^9 |%J H MALAYSIA: *K" UNE MARITIME (MALAYSIA) SON BHD X U J TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 wmtmh KAWASAKI KISEN KAISHA,
      1,571 words
    • 1178 36 PHILI-ORI€NT LINCS PTC LTD 4^ 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 Q& BY AIR, LAND OR SEA.... A* SGSr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION —M WM—*MW» wmanwi-i 09 JAN SYDNEY. MELBOURNE,BRISBANE. FREMANTLE
      1,178 words

  • Page 37 Advertisements
    • 1108 37 SSSSmJam pacific international lines (pte> ltd 0 O-P-'l* Jf H ibv piL Building, 140 Cecil Street #03-00, Singapore 0106. CR NO: **********QE. [JAKARTA —I I BANGKOK I VESSEL VOY SIN JKT SIN poorness TMN U!m| 17/1 21/1 KOTA SABAS 031 14/1 IS/1 21/1 PAHLAWAN KPL2O3 IS/1 18/1 22/1 EQUATOR MAS
      1,108 words
    • 1278 37 Eacßen9 Ist1 st CLASS CONTAINER TRANSPORT FEEDER VESSEL~ PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 17/1 18/J NIHON 2022 23/J 9/2 M/ 2 12 12 14/2 ANSON/TBN 24/1 25/1 BENARTY 2032 28VI 14/2 16/2 17/2 19/2 ANSON/TBN 31/1 1/2 ALSIA 2042 4/2
      1,278 words
    • 472 37 M MYANMA wmm, FIVE STAR UNE t (Myanmar National Lino) Loading for Yangon (Rangoon) Spore P.KIf Pen MIR GUI VIUW In Pt 21 23 lOWA* VISOW 15/16 lan PAGAN VI7BW 18/21 Jan HP A AN VI72W 30/31 Jan PAGAN VI79W 6/8 Feb -a* THE BANK UNE (A Mrvtc* of Andrew
      472 words

  • Page 38 Advertisements
    • 562 38 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS K** l »Y SP n KUC KK 12 Sd lid T" COSeC MASTEJt 5 Sid to h 1 ™A«AUTO 35 SH toh H*l AKEBHi M 23/1 25/1 (MANGI MOON M 23/1 25/1 MAW IB 2C/1 21/1 AS£AN TMOa 15 21/1 38/1
      562 words
    • 64 38 "I /T >\ PAN OCEAN CPAN J SHIPPING V COMPANY LTD TO INCONTINENT PORTS TO MIDDLE EAST PORTS TO USA PORTS TO F.E./S E A PORTS S pore: BALISA AGENCY PTE LTD 80 Marino Parade Rood »13 01 02 Parkway Parade Singapore 1544 Telex RS ***** BALISA For Bookings Tel
      64 words
    • 116 38 rnmimjumm-maum, T W W\ BEIJING CHANGCHUN CHANGSHA ,II I 1 111 Vf 'I I I CHENGDU CHONGQING FUZHOU ||m I V I lIL VI I I \GUIUN HARBIN• KUMMING• XIAN |I ml > Ml% Z I n I NANNING QUANZHOU SHEKOU i I I P. II II Li 111 SHENYANG
      116 words

  • Page 39 Advertisements
    • 1004 39 A total approach to transportation VESSEL Jkt P.Kg *ftn *Bkk Sin S'baya Auckland Fiji(A) NPlymouth(A) fimaru LyttHton(B) Ounedm(B) Nipter NHnfton(C) Tauanga N Rouen/*****# In Pt 16/1 15/1 15/1 17/1 20/1 3/2 19/2 5/2 8/2 8/2 8/2 9/2 9/2 13/2 N Rochester/2101Sfe 25/1 27/1 26/1 26/1 29/1 1/2 14/2 11/3 16/2
      1,004 words

  • Page 40 Advertisements
    • 815 40 I TO AUSTRALIA/NEW ZEALAND "*5 [siJ From *M> |S,d Uyct |NP€ |r CHAIM I ANTWim* »5 1/2 9/2 14/? 11/2 2«/2 24/2 I MMTHA |2M Jj/i i 75 »/3 12/3 TiTj mTj I EILEN HUOtC 717 »/J 17/3 21/3 25/3 11/3 3/4 I MUSSI 244 5/« 12/« lt/4 l»/4 25/4
      815 words
    • 843 40 EXPORTS TO HONGKONG, TAIWAN, MANILA t lAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY Ml PEN i«T |SM I MNL HKG RAO KEE TYO SMZ NCO KOB VESSa VOY |SM |p«L PEN BIW SM MUM Hi ri Mol iol M l IS 1 201 241 25 1 251 261 ACX
      843 words
    • 256 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA STOKE POUT KfIANG PENANG BIUE JADE 18/1 loading for Male KtftAl HUDHU 30/1 Loading lor Calcutta oomw i6/i Loading For Mate rocu SUPREME 29/1 Loading For MM DOMKULM 31/1 Loaded For Febaaru PROGRESS LBEITT IS/2 Loading lor Yangon HOWE*
      256 words
    • 1571 40 CHINA OCEAN SHIPPING COMPANY C 0 FULL CONTAINER UNER SERVICE MALAYSIA'S agents SINGAPORE'S GENERAL AGENTS kxhesia s agents CHUNG CHIAO SHIPPING SON BHD PfISTAR SHIPPING PTE LTD P-T. GLOBAL PUTRA KL TEL: 4425M1/I7 FAX: *****92. ***** r,t INDONESIA MARITIME t KLANG TEL 3U1106/I TU MA ***** KTTri^********** *****4 mm -m
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  • Page 41 Advertisements
    • 623 41 (t FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 1971 ROTTERDAM 19/1 HAtF A/ASHDOO ALEXANDRIA 19/1 HAMBURG/BREMEN 19/1 MARSEILLE/FRANCE 19/1 FELIXSTOWE/UK 19/1 BARCELONA/SPAIN 1971 LEHAVRE/ANTWERP 19/1 GENOA/ITALY 1971 GOTHENBURG/SCANDINAVIA 19/1 LOS ANGELES/WC/PI 19/1 SYDNEY/MELBOURNE 15/1 NEW YORK/EC 19/1 FREMANTLE 16/1 VANCOUVER
      623 words
    • 893 41 IS%n!cHHEL^SAR»I^SnEISTsr7T^n7 a TEL: *****33 (12 Uim) m FAX: *****15/*****03 P TELEX: R8 ***** RISHIP (3 Llims) \m Ethiopian mnm im* 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOADING FOR SPORE ABBAY WONZ Tiwi 15/02 OARESSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA ANOINET 27W8 21/03 OARESSALAAM MOMBASA DJIBOUTI
      893 words
    • 848 41 JAKARTA .BANGKOK —=r-a w m m {wop. \wt mmm -mm Km BHUM US 15/01 U/01 HAMTA BHUM 73W In Pi 13/ Oi Thar U/01_ AKABHUM IKS 11/01 21/01 MAHA BHUM# 91W Wd 15/01 Sit U/01 KITI BHUM ITS 22/01 25/01 THANA BHUM*## 05W W 17/01 Tj- 21/01 AKA BHUM 127S
      848 words

  • Page 42 Advertisements
    • 1404 42 S'PORE MPORT:'22I6OO2 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 I I cotfoaievs. AFRICA I PEN PK SIN PEN PK SIN Colombo 23/1 24/1 25/1 j 18/1 19/1 20/1 Ldn/Flx/Rdm/Ant Durban/Pt Louis 13/1
      1,404 words
    • 381 42 blue star line TO FROM ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NTI AKI lyt sm MANOAMA *0512 1«/1 »/l »/> PRfhHER KS 24/1 5/2 J£- 2 *J\ MULKM 2SS 7/2 l»/2 *1* Wl 21/2 »/J FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH LYTTELTON. ACCEPTING
      381 words
    • 1119 42 THONG SOON LINES PTE. LTD. mz 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0108 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVgXnOMAiyCONTABgB I —WIOM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL VOT ETA DEST VESSEL VOY SPORE P. KUUK~
      1,119 words

  • Page 43 Advertisements
    • 822 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, I.o* I OTHER PERUVIAN PORTS* MTH T/S AT KOBE ON CPV THROUGH BUL OF LAOING. WcV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTKG BREAK BULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA, MOM, TOKYO*, OTHER JAPAN PORTS*, MAMLA*.
      822 words
    • 432 43 CZ3Z I Ml5SI| N.AMERICA/CARRIBEAN SERVICES ntsi Nw |sw hwacci lui Mt [saw Iwtc bn m MEIBOUWE 214E U/l WSAII 19/2 2(/2 3/3 5/3 7/3 2HTOKTO 75 30/1 ZM IAPAN IE 7/3 l(/3 24/3 H/3 24/3 m KAOHSUK 132E 3/2 AM )*P*N 7/3 K/3 24/3 22/3 24/3 Accoplnf carp to Mind
      432 words
    • 523 43 X V* MULTI-MOOE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL OUBAi OAMMAN SHARIAH DOHA MUSCAT. BAHRAIN ABU DHABI. BANDAR ABBAS IE DO AH FAR EAST ACCEPTING FCL/LCL P£NANG P/KELANG. JAKARTA BANGKOK HONG KONG. TAIWAN. lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY. ABEROEEN, LE HARVE HAMBURG ROTTERDAM ANTWEP.
      523 words
    • 475 43 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA VESSEL VOV SIN JKT DASA ENAM 911 22/01 25/01 DERAJAT 972 21/01 24/01 DASA ENAM 910 15/01 18/01 DERAJAT 971 14/01 17/01 PELOPOR 1023 18/01 22/01 General Agents: ASIA PERINTIS UNES PTE LTD 19. Keppel Rd #05-02
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  • Page 44 Advertisements
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  • Page 45 Advertisements
    • 132 45 Oc vO c vO c vO c vO c vQcvQc PREMIER CARRIER > Q jHLjI, REUABLE SERVICES Q o JlllSLjj COMPETITIVE RATES o 2 3 BARGES OPERATION TAILORING TO YOUR NEEDS Q SINGAPORE BATAM X 0 ENQUIRY BOOKING: A V *****01 IML > gm m 0 QHlBBBnt) r. WEEKLY CONSOUDATION
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    • 28 45 n Read Chartpoint, •'f i L.' *t r v '-V:; J fvf j.i 'vv a guide to investing in the Stock Market. K Every Saturday in Business Times
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  • Page 45 Miscellaneous
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  • Page 46 Advertisements
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    • 510 46 ICHARTPOINT Every Saturday in Business Times mSSSSSSSSSSSSSSSSm FREIGHT MANAGEMENT GROUP BELGIUM 19/01 INDIA 19/01 FRANCE 19/01 PAKISTAN 19/01 GERMANY 19/01 SRI LANKA 21/01 HOLLAND 19/01 MID EAST 17/01 UK 19/01 BANGLADESH 21/01 ITALY 24/01 SPAIN 24/01 THAILAND 19/01 HONG KONG 19/01 AUSTRALIA 22/01 PHILIPPINES 17/01 JAPAN 20/01 USA 13/01 MALAYSIA
      510 words