The Business Times, 25 December 1990
1990-12-25
1
32
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The Business Times
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Title Section11 1990-12-25 1 Business Times MCI (P) 16/12/90 Tuesday December 25 1990 75 c11 words
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NEWS SUMMARY
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55 1990-12-25 1 FOREIGN investment in Indonesia in 1990 soared to an all-time record of US$B.7 billion, largely in response to the government's dercgulatory measures of recent years. Officials in Jakarta said yesterday that the figure of foreign investment approvals represented an 85 per cent increase55 words
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58 1990-12-25 1 JAPAN'S Cabinet yesterday approved a drait budget for the coming fiscal year with government spending targctted to grow 6.2 per cent to 70.35 trillion yen. The draft budget, prepared by the Finance Ministry and due to be officially adopted at the end ol the week,58 words
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Article40 1990-12-25 1 MOST Asian countries will keep their economies growing next year but at a slower pace than before mainly because of external factors such as the Gulf Crisis, says a Tokyobased private economic research organisation Page 440 words
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Article30 1990-12-25 1 BARRING a year-end miracle, 1990 will go down in history books as the end of the longest period of US economic expansion in peacetime Page 430 words
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Article28 1990-12-25 1 VIETNAM'S Defence Minister has said that the country's army cannot remain divorced from politics and must make greater efforts to promote national renewal Page 428 words
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Article31 1990-12-25 1 THE SOUTH KOREAN government has made several New Year's resolutions as far as the economy is concerned, and wants to put the memories of 1990 behind Page 431 words
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Article40 1990-12-25 1 BOOM DAYS in Guangdong, Fujian, Dalian, Pudong, Shanghai, Tianjin and elsewhere show that China has been making a quiet comeback after 18 months of isolation imposed by a world angry at last year's Tiananmen massacre Page 740 words
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Article30 1990-12-25 1 W H AUDEN's poem For the Time Being, offers a glimpse of redemption even in the trivialisation of Christmas, the frantic shopping and distracted gaiety Page 930 words
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Article31 1990-12-25 1 THE Malaysian government has expedited several measures to ensure that total privatisation of Port Klang can be carried out by March 1 next year. Shipping Times Page 131 words
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MARKETS SUMMARY
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Article24 1990-12-25 1 ATHLETIC sportswear maker LA Gear showed the best long-term profitability of public US companies surveyed by Forbes magazine Page 224 words
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Article32 1990-12-25 1 THE MOVE by IBM Japan to encourage development by its competitors of IBMcompatible PCs has been met with both enthusiasm and scepticism from the Japanese computer industry Page 232 words
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Article36 1990-12-25 1 SCROOGE-LIKE Christmas shoppers in the US, wary of recession and war, have failed to meet the meagre holidayseason expectations of American merchants, capping a miserable 1990 for the US retail industry Page 236 words
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Article37 1990-12-25 1 NCR CORP, fighting an unsolicited takeover bid from AT&T, says it still wants to remain independent and that under 'current circumstances' there is no third party interested in acquiring the computer firm Page 237 words
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Article32 1990-12-25 1 JAPAN'S Finance Ministry has begun an investigation into whether Japanese brokerage houses intimidated two Japanese companies into cancelling an agreement to issue new bonds through Salomon Brothers Page 332 words
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Article30 1990-12-25 1 SALARIES are continuing to collapse on Wall Street, but at Drexel Burnham Lambert Inc, some people are still receiving more than US$l million a year Page 330 words
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Article35 1990-12-25 1 FOR the first time in more than a decade, the US Securities and Exchange Commission is preparing an overhaul of the regulations and laws governing the mutual fund business Page 335 words
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Article46 1990-12-25 1 THERE was no trading at the Stock Exchange of Singapore yesterday. The Kuala Lumpur Stock Exchange was open for half-day trading, while the Kuala Lumpur Commodity Exchange and the Kuala Lumpur Tin Market were closed. The Tokyo stock and forex markets were also closed.46 words
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Article23 1990-12-25 1 Monday Change Kuala Lumpur ....500.61 +6.47 Hongkong 3,060.95 -18.72 Sydney 1,270.9 -0.9 Friday Change New York 2,633.66 +4.20 London 2,164.4 +5.623 words
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556 1990-12-25 1 John Tan - Group to buy travel firm, offer upmarket packages By John Tan i FIRST it was just buying and developing hotels. Then it was rock music. Even mutterings of an airline was heard. And soon after it was trendy retailing. And now it556 words
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461 1990-12-25 1 David Chew - By David Chew A SINGAPORE firm has teamed up with Indonesian and Japanese partners to invest in four ventures, worth a total of US$B.5 million, in Indonesia. These include Maya Manufacturing and Trading's first production ventures in plastics in Indonesia. Three of461 words
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Article128 1990-12-25 1 QCD (M) SDN BHD, the Malaysian subsidiary of debtridden Electro-Magnetic (S) Ltd, has said that it is not facing any problems with its Malaysian banks. In a letter to BT yesterday, QCD said: none of its bankers have made any attempt to wind up128 words
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Article241 1990-12-25 1 Agencies US Defence Secretary Dick Cheney warned that some members of the anti-Iraq alliance could not be counted on to join an offensive war to liberate Kuwait as sirens wailed and power to half of Baghdad city was cut yesterday in an air raid drill. MrAgencies - 241 words
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320 1990-12-25 1 Agencies THAI Prime Minister Chatichai Choonhavan has hit back at claims he secretly deposited 200 million baht (US$B million) in a Hongkong bank, saying it was an attempt to destroy his new government, reports said yesterday. Mr Chatichai was reacting to accusations madeAgencies - 320 words
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Article, Illustration402 1990-12-25 1 AP THE CONGRESS of People's Deputies yesterday overwhelmingly approved a resolution in principle to preserve the Soviet Union as a federation of 15 equal republics, Tass reported. The national parliament's vote was 1,657-20 with 61 abstentions, the official Soviet news agency said. LawmakersAP - 402 words
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Page 1 Advertisements
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Advertisement222 1990-12-25 1 Nikon The World's Finest Photographic System. Aircraft Schedule 13 Lifestyle 9 For martet indices, editorial. Cryptic Crossword 13 Money Changer Rates 13 advertising and circulation exEditorial 6 Money Market 12 tensions, call BT Information Financial News 3 Sports 5 Service on 730-5155. BT adHK Regional Stocks 11 TV Radio 8222 words
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Advertisement39 1990-12-25 1 Congress in tricky position over Bush policy. Pr 4 Bubbly bonanza for crossword fans I RY YOUR HAND at BT's yearly Christmas Crossword Contest on Page 13 and you might just win for yourself a giant bottle of champagne.39 words
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Advertisement244 1990-12-25 1 mikon The World's Finest Photographic System Editorial, Pg 6 The Bottom Line, Back Pg ~-i nnn-nnamiTi«wniwiiww»ifii<>(OTWfiniw> > > v J ww>^^Maaaa aaacaott&aaaaocaoaoftaoaaooC3 rilß The Editor and Staff of Business Times wish all readers a err y Christm as The Prime Minister, Mr Goh Chok long, wishes all Christians a Merry244 words
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INTERNATIONAL COMPANY NEWS
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COMPANY BRIEFS
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98 1990-12-25 2 THE RECEIVER for publisher John Fairfax Group Pty Ltd said Baring Bros Burrows and Partners Ltd has been appointed adviser on the restructuring of the group. Des Nicholl, of Deloitte Ross Tohmatsu, said in a statement that Baring Bros Burrows would take primary98 words
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Article97 1990-12-25 2 BANK OF NEW ZEALAND Ltd said it received NZ$25O million in return for the issue of new shares to its major shareholders, the New Zealand government and Fay, Richwhite and Co Ltd. The share issues marked the completion of the balance sheet restructuring announced on Nov97 words
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104 1990-12-25 2 EXXON CORP said on Friday its first sen/ice stations in Eastern Europe will open for business this month. Two stations are on an Autobahn Northwest of Berlin, and a third is in Budapest. Because of their unique location, the two German stations, Wolflake West104 words
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Article69 1990-12-25 2 IRAQ has urged Turkish firms to complete their contracts and has promised them generous offers and privileges after the Gulf crisis was over. The Iraqi News Agency quoted Minister of Industry and Military Industrialisation Hussein Kamel Hassan as saying on Sunday: "Turkish firms will enjoy69 words
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Article85 1990-12-25 2 NHI NELSON Holdings International Ltd said it executed a letter of intent regarding the sale of its principal operating subsidiary, Nelson Entertainment Group Inc, to a new company that will be controlled by financier Stephen C Swid. The proposed purchase price includes the consideration to85 words
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Article53 1990-12-25 2 ZAPATA CORP said its board of directors voted to extend the tender offers for the company's subordinated debentures until 1700 EST Dec 27, 1990. Zapata said no changes were made in the offer price or the minimum percentage required to be tendered. Withdrawal rights are53 words
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368 1990-12-25 2 NYT MTM ENTERTAINMENT, the struggling television production company, may soon be sold by Television South pic, its British owner, according to newspaper reports in Britain. Television South, known as TVS, shuffled its management last Friday night, naming a new chairman, and plansNYT - 368 words
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357 1990-12-25 2 AP ATHLETIC sportswear maker LA Gear showed the best long-term profitability of public US companies surveyed by Forbes, the magazine has announced. The Los Angeles-based company averaged an 83.2 per cent return on equity primary earnings per share divided by common shareholders' equity perAP - 357 words
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Article, Illustration698 1990-12-25 2 UPI SCROOGE-LIKE Christmas shoppers, wary of recession and war, failed to meet the meagre holiday-season expectations of US merchants, capping a miserable 1990 for the retail industry. From discount retailers such as Ames Department Stores Inc to general merchandisers such as Sears,UPI - 698 words
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Article, Illustration584 1990-12-25 2 AFP THE DAY AFTER Alan Bond was arrested on a charge alleging corporate dishonesty, a normally restrained newspaper in Sydney proclaimed in a pageone headline: "It was a bad day for Greed Inc." In fact, 1990 was a bad year for "GreedAFP - 584 words
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432 1990-12-25 2 Asahi THE MOVE by IBM Japan Ltd to encourage development by its competitors of IBM-compatible personal computers has been met with both enthusiasm and scepticism from the Japanese computer industry. Enthusiasts say it will help create industry standards that will benefit Japanese users.Asahi - 432 words
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Article, Illustration292 1990-12-25 2 Reuter NCR CORP, fighting an unsolicited takeover bid from American Telephone and Telegraph Co, said it still wants to remain independent and that under "current circumstances" there is no third party interested in acquiring the computer firm. "In the past, we have had aReuter - 292 words
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Page 2 Advertisements
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Advertisement48 1990-12-25 2 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier, word processing, secretarial services, conference room, answering service, long snort term lease vou name it! Your inspection enquiries welcome WORLD WIDE BUSINESS CENTRES (S) PTE LTD 111-04/06 Peninsula Plaza, Tel: 336 176948 words
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FINANCIAL NEWS
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574 1990-12-25 3 Barriers remain for foreigners in Japanese financial markets NYT JAPAN'S Finance Ministry has begun an investigation into whether Japanese brokerage houses intimidated two Japanese companies into cancelling an agreement to issue new bonds through Salomon Brothers, an American brokerage with offices in Tokyo.NYT - 574 words
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335 1990-12-25 3 NYT SALARIES continue to collapse on Wall Street, but at Drexel Burnham Lambert Inc, the former powerhouse that filed for bankruptcy protection this year, some people are still receiving more than US$l million a year. The firm, which declared bankruptcy on May 29,NYT - 335 words
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SMALL CHANGE
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98 1990-12-25 3 MONDAY'S Financial Times says Britain may issue some government bonds denominated in the "hard ECU" to try to win over other countries to its idea of this parallel European Community currency. Rejecting an imposed single EC currency, Britain has instead suggested that the98 words
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Article77 1990-12-25 3 THE ITALIAN monetary authorities' debt strategy next year will be focused on lengthening maturities of government paper and possibly offering innovative issues, analysts said. That strategy could heighten foreign investor interest now very small in Italy's bond market, the world's third largest after the US and Japanese77 words
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Article73 1990-12-25 3 INDIA has appointed S Venkitaramanan as governor of the Reserve Bank of India (RBI), a government statement said. Venkiramanan, 59, was finance secretary, the most senior civil servant in the Finance Ministry, between 1985 and 1989 when former prime minister Rajiv Gandhi's government liberalised India's economic73 words
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Article39 1990-12-25 3 ANGOLA has ordered all the country's businesses not to deal with foreign investors who have no tax clearances from the government. It said the measure was necessary to improve tax collection and combat tax evasion.39 words
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438 1990-12-25 3 NYT FOR the first time in more than a decade, the US Securities and Exchange Commission is preparing an overhaul of the regulations and laws governing the mutual fund business. The move, a priority of the SEC's chairman, Richard C Breeden, has set theNYT - 438 words
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308 1990-12-25 3 UPI FORMER insurance tycoon Robert H Walker was in jail on Sunday after being extradited from Barbados to Texas to face federal charges of defrauding his customers of more than US$5O million. US marshals moved Walker to the Mansfield Law Enforcement Centre,UPI - 308 words
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Page 3 Advertisements
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Advertisement155 1990-12-25 3 A test will tell you almost everything. Run a test against time and you will discover the amazing speed of the new Olivetti M29OS. Based on the proven Intel ***** technology, the M29OS clocks a speedy 16 MHZ, outperforming most of its competitors. 2#>Put our quality to test and the155 words
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THE WORLD
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WORLD WATCH
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131 1990-12-25 4 HIGH-TECH smugglers brought nine billion foreign cigarettes into China last year, costing the state US$l92 million in lost revenue. The China Daily, citing a Beijing Tobacco Industry official, said yesterday that the customs service seized only 10.5 million cartons containing with 200 cigarettes each.131 words
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Article70 1990-12-25 4 THE Soviet Union is seeking US$l.33 billion in credits to cover overdue payments to German businesses. The Hcindelsblatt newspaper in Berlin said on Sunday that it learned of the Soviet credit demand from the East Europe Committee of the German Economy, a business group dealing with German70 words
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Article63 1990-12-25 4 THE Yugoslav republic of Slovenia has voted overwhelmingly to become an independent and sovereign state, in a plebiscite that could open the door to secession. As the outcome of Sunday's vote became known, thousands of usually unemotional Slovenes joined spontaneous street celebrations. They sang patriotic songs63 words
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Article88 1990-12-25 4 JAPAN is expected to conclude an agreement next year with the Soviet Union to promote bilateral cooperation in securing the safe operation of nuclear power plants. Government sources in Tokyo said yesterday that the agreement is expected to be signed in April when Soviet President Mikhail Gorbachev88 words
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Article71 1990-12-25 4 THE flight of capital from Saudi Arabia that followed the Aug 2 invasion of Kuwait has stopped and much of the money has returned. "Most of the US$B billion which was transferred outside the kingdom last August has returned now," said Wahib Binzagr, chairman of the Saudi71 words
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Article71 1990-12-25 4 THE South Korean government marked Christmas by releasing 470 prisoners and juvenile delinquents in a general amnesty yesterday, the Justice Ministry said. Seoul is in the midst of a "war on crime" announced earlier this year by President Roh Tae-woo to crack down on violent and drug-related71 words
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285 1990-12-25 4 AFP VIETNAMESE Defence Minister Le Due Anh says the army cannot remain divorced from politics and must make greater efforts to promote national renewal. The armed forces newspaper last Sunday quoted him as saying, "In the future we must make greaterAFP - 285 words
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624 1990-12-25 4 AP GERMAN MERCHANTS are enjoying a boom this Christmas season as shoppers clog stores to snatch up everything from expensive video recorders to chocolate Santas. Forget the slow sales in the US and UK. Business is brisk in Germany, backed up by someAP - 624 words
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572 1990-12-25 4 Tokyo-based institute points to external factors UPI MOST Asian countries, including newly industrialising nations, will keep their economies growing next year but at a slower pace than before mainly because of external factors such as the Gulf crisis, says a private economic researchUPI - 572 words
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224 1990-12-25 4 AFP THE International Monetary Fund (IMF) is expected to sign a US$7OO million loan agreement with the Philippines in January, Finance Secretary Jesus Estanislao has disclosed. "What I can confirm now is that we will come to a full agreement with theAFP - 224 words
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Article, Illustration570 1990-12-25 4 Reuter BARRING a year-end miracle, 1990 will go down in history books as the end of the longest period of US economic expansion in peacetime. A senior administration official said that when the figures are in, they could showReuter - 570 words
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Article, Illustration416 1990-12-25 4 AFP THE SOUTH KOREAN government has made several New Year's resolutions as far as the economy is concerned, and wants to put the memories of 1990 behind. It wants to stave off inflation, increase exports and save enough money for facility investments, which areAFP - 416 words
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446 1990-12-25 4 The Gulf Crisis Reuter THE US CONGRESS could soon face a politically perilous vote on whether to endorse US President George Bush's policy on the Gulf as fears of a war there grow. A vote appearing to support a war could come backReuter - 446 words
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178 1990-12-25 4 Reuter IRAQ is using businesses around the world as fronts in its quest for military nuclear capability and has managed to buy much of the hardware that could help it to produce atomic weapons within 10 years. The New York Times saidReuter - 178 words
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162 1990-12-25 4 AP THE Bonn government is investigating US intelligence suspicions that German companies have broken sanctions against Iraq. Earlier, the news magazine Der Spiegel said Washington had given Bonn a list of 50 German companies suspected of violating the United Nations embargo against Iraq. ItAP - 162 words
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SPORTS
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Article, Illustration1071 1990-12-25 5 Reuter NICK FALDO's achievements despite a nagging wrist injury in 1990 pose the question of what he might have done to his rivals if he had been fully fit. He has vowed to show I them in 1991. Last week, the 33-year-old Englishman promisedReuter - 1,071 words
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SIDE LINES
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115 1990-12-25 5 SAN FRANCISCO quarterback Joe Montana, although healthy, was not in uniform for the 49ers' National Football League game on Sunday against the New Orleans Saints. Montana, Sports Illustrated s 1990 Sportsman of the Year, had not missed a game this season, and was expected115 words
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Article123 1990-12-25 5 DEFENDING women's World Cup Alpine ski champion and current season leader Petra Konberger of Austria tore hand ligaments in a fall during a race and will wear a cast for 10 days. Dr Wulf Gloetzer, physician for the Austrian Alpine team, said Konberger's fall on Saturday at123 words
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Article91 1990-12-25 5 AUSTRALIAN fast bowler Terry Alderman, a key figure in the first Test win over England, is in doubt for the second Test starting in Melbourne tomorrow. Alderman, 34, told the chairman of the Australian selectors Laurie Sawle in Perth on Sunday that he had badly strained91 words
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Article98 1990-12-25 5 THE 22nd game of the World Chess Championship, which could decide the title in defending champion Garry Kasparov's favour over Anatoly Karpov, was postponed a second time. The organisers said in Lyon on Sunday that a technical time-out was called so as not to have a game on98 words
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Article96 1990-12-25 5 GRAND SLAM Cup and United States Open winner Pete Sampras has withdrawn from this week's Hopman Cup team event in Perth because of foot blisters. Tournament organisers said on Sunday that Sampras and fellow American Zina Garrison were seeded first in the competition that starts on Thursday. Tournament96 words
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Article72 1990-12-25 5 SOLO French yachtswoman Isabelle Autissier has erected a jury rig on her 20-metre yacht and is determined to make Sydney under sail. BOC Challenge to Sydney officials said yesterday that the 34-year-old mariner, the last woman to survive the rigorous single-handed round-the-world blue water classic, was 31072 words
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Article64 1990-12-25 5 TODD MONTANARO of the United States beat James Collieson of Bermuda 6-0, 6-3 on Sunday in the opening round of the boy's 14-division of the 14th Port Washington International Junior Championships in New York. In other matches, Anders Berqkvist of the United States beat Lucio Dagasso of64 words
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Article, Illustration481 1990-12-25 5 AP FIVE-TIME Wimbledon champion Bjom Borg, who retired in 1983 at the age of 27, said in a Swedish newspaper on Sunday that he is ready for a comeback but is unsure of where or when to return. "I'm mentally ready and I don't have anyAP - 481 words
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Article, Illustration381 1990-12-25 5 Reuter ONCE branded a young hothead, Lothar Matthaeus crowned his rise to maturity on Sunday by becoming the first World Cup winning captain to be voted European Footballer of the Year. There was a certain inevitability about the victory for the player who has grownReuter - 381 words
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209 1990-12-25 5 AP GERMAN Track and Field Federation officials have said top athletes will be subjected to semi-monthly dope testing starting next month. The announcement following a meeting of top track and field officials in Frankfurt on Saturday comes after recent allegations that many German athletes,AP - 209 words
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Article477 1990-12-25 6 EDITORIAL THE SURPRISE resignation of USSR foreign minister Eduard Shevardnadze last week casts a long shadow over the future of perestroika. Mr Shevardnadze was not just a senior minister in Mr Mikhail Gorbachev's cabinet. He played a key role in shaping the bold foreign policy initiatives477 words
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WHAT THE OTHERS SAY
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Article194 1990-12-25 6 THERE are fears that the new Europe which is being built may prove to be more of an exclusive Community club than the much-desired "common European home". Such fears were heightened by last month's stalemate at the General Agreement on Tariffs and Trade talks where the Community's readiness194 words
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Article91 1990-12-25 6 COMMUTERS can expect a more convenient public transport system when the bus and mass rapid transit systems are integrated island-wide from early next month. With an integrated ticketing system, commuters will be able to ride on the mass rapid transit system and buses with a single ticket and91 words
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Article118 1990-12-25 6 WHAT mental outlook should a Singaporean possess? When advocating the so-called Asian value system, a simplified approach treating Asian values as good and Western values as decadent cannot be adopted. Any discussion on this issue is further complicated by the multi-cultural nature of Singapore's society. But, regardless of118 words
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REGIONAL VIEWPOINTS
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Article175 1990-12-25 6 A REVIEW of Thailand's policy towards Burma, particularly the ruling military dictatorship or the State Law and Order Restoration Council (Slorc), is long overdue. Tuesday's formation of the "National Coalition Government of the Union of Burma" by a group of elected opposition politicians and the arrival175 words
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Article164 1990-12-25 6 WHAT troubles Finance Minister Datuk Paduka Daim Zainuddin is the deficit in the services account which, he said, remains large in spite of the concerted efforts made by the government to promote tourism, improve shipping and air services, and increase educational opportunities provided locally. This deficit has164 words
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Article, Illustration1234 1990-12-25 6 Conrad de Aenlle - Privatisation has become popular with many governments. Conrad de Aenlle reports on what's in store for investors who buy into former state enterprises Conrad de Aenlle IHT PRIVATISATION was a radical conccpt when Margaret Thatcher made it a guiding principle of Britain's economic policy aboutIHT - 1,234 words
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Page 6 Miscellaneous
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Miscellaneous17 1990-12-25 6 DOONESBURY by garry trudeau 11 WOti* TSBNTHIM I M£#FY HUH? mgX 4 1 MORALE DAY, <? '-JV j17 words
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ANALYSIS
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Article, Illustration2064 1990-12-25 7 After the diplomatic and economic isolation brought about by the Tiananmen massacre, China is now back in the fold. The Gulf crisis and Beijing's abstention from the UN Security Council vote against Iraq have helped to mend Beijing's relationship with Washington. Investors are once again being enticed2,064 words
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Article254 1990-12-25 7 1989: JUNE 4: Tiananmen massacre. US imposes ban on high-level missions, aid, and arm sales. China's trade, investment, and diplomatic links with outside world squeezed JULY: Secret mission by National Security adviser Brent Scowcroft and Deputy Secretary of State Lawrence Eagleburger DECEMBER: Mr Bush254 words
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Page 8 Advertisements
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Advertisement225 1990-12-25 8 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. F Pii Wm Spicv S/echuan dishes served at lunch and dinner dail\ in the cool, inviting atmosphere of S/echuan Court. Keseivati«>n, 1)30 HHloor 3!WH3B3exi 161.»5/fi. •»j| vSSwj THI WISTIN Pi225 words
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Advertisement258 1990-12-25 8 mK -a--6--a-» i ASTIC k TFULf tNEWftlfe SuperitilMuljDUrt, ■MMRHi -W o fij |\a Wondhrlxm) Of Feasting JJJ JI jLJfc" NURRY Christmas 25-12-90 K'nu.s Buffet Dinner Jt J2S (adult) and uJL. $18++ (child) per person. )Vb Coffee Foe Special (Jirblmas Buffi t Brunch at $20++ (adult) l and JlS++ (child*per pcrvm258 words
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Advertisement327 1990-12-25 8 Go on an International Gourmet Trip! I Dec9o I )an9l With a gastronomic spread of Cold Appetizers, Salads, Soups, Carvings. Eastern Western Hot Dishes plus Desserts who says you have to travel worldwide for good food? Price: Sl6++ (Adult) $10++ (Child) Lunch Dinner Plaza Hotel Prkes subject to change on327 words
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Advertisement425 1990-12-25 8 jfct You II enjoy our delicious selection j of authentic Beijing Dian Xin served amidst the splendour of an Imperial i Court. May we expect you today? i From noon to 2.30 pm. OjETT I Ala carte menu available DnuJ fI|PH j^p v ///tfv/awri SS I hikftraMMdiadnn Jgmf/ 333 Of425 words
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Page 8 Miscellaneous
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Miscellaneous722 1990-12-25 8 TELEVISION AND RADIO T |"mc« .00 I business ON radio JLovc at tirst riGe •»£&irsKr *aM-uuwr«-« T or Quit 7.00 Programme Highlights. I*!S 7.10 am, 9.25 am, 1.30pm, iMMnrrrrrmßH -mm 8.00 The Mm Revolution The 7.05 Roseanne Fathers and J-g f 5.30pm, 3.25 am: Financial News jdHHMfc Hlih- Higji*a\s Daughters722 words
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LIFESTYLE
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Article, Illustration822 1990-12-25 9 Peter Steinfels - WH Auden's poem For the Time Being, offers a glimpse of redemption even in the trivialisation of Christmas, the frantic shopping and distracted gaiety, says Peter Steinfels Peter Steinfels NYT There it was, among the secondhand classics, the soft-core pornography and the old National GeographiesNYT - 822 words
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834 1990-12-25 9 Vanora Bennett - Zimbabwe, which plans to corner the African market in big-budget Western films, hopes the new Sherlock Holmes TV series will promote the country as a mainstream film venue. Vanora Bennett reports. Vanora Bennett Reuter SHERLOCK HOLMES has left his home in London's foggyReuter - 834 words
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Article, Illustration673 1990-12-25 9 CHATTERBOX JAPAN'S Emperor Akihito, < who celebrated his 57th i birthday on Sunday, says the i "banzai" cheers at his recent enthronement did not remind him of World War 11. i Shouts of "banzai" (long life) for his father, the late Emperor673 words
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Page 9 Advertisements
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Advertisement258 1990-12-25 9 AND ENTERTAIN J Yuletide Classics Enjoy Christmas goodies, classic cuisines, fine wines, yuletide music and a medley of surprises in the traditional ambience of the ANA Hotel Singapore. M. ANA HOTEL SINCAPORE 16 Nassim Hill, Singapore 1025. Tel (65) 732 1222 B Enjoy a traditional Christmas J meal at New258 words
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Advertisement43 1990-12-25 9 Sumptuous Teochew Cantonese DianXin Lunch -4l Daily at Centrepoint: *U5-1<» Centrepoint >stOrchard Road Tel: 733 3338 Only on Saturday, Sunday j JI! j|| Holiday at Battery Road:- "11 lilt 9 Battery Road *BHK) TEOCHEW CITY Straits Trading Buildup Tel 532 3622 SEAFOOD RESTAURANT43 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3707 1990-12-25 10 Bernama SHARE PRICES on the Kuala Lumpur stock exchange closed mixed yesterday as the market ended trading early in view of the Christmas holiday today. The ICLSE Composite Index, which climbed steadily from the start of trading, finished 6.47 points higher at 500.61 atBernama - 3,707 words
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Page 10 Advertisements
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Advertisement112 1990-12-25 10 I J#! The New Paper will be the only hr English-language Singapore g| newspaper to be published on f- Bl 'Boxing Day. Available after 8 am. %&j. H |L Our specials include rai The Black Bardot- lolour picture H and exclusive story E5 A chance to win a $980 Aiwa112 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration1815 1990-12-25 11 Reuter HONGKONG stocks closed easier in extremely thin, sluggish half-day trade yesterday, brokers said. "There are three main factors in the market today," a broker said. "First, everybody's already on holiday. Second, Merry Christmas. Third, bye bye." The blue-chip Hang Seng Index fell 18.72Reuter - 1,815 words
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REGIONAL STOCK MARKETS
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Aussie stocks end at near 2-year low
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Article994 1990-12-25 11 NERVOUSNESS over the looming deadline for a Middle East confrontation and lack of investor interest ahead of the Christmas break pushed the Australian sharemarket to a near two-year low. Trade was dull with overseas buyers adopting a wait-and-see attitude. "The market's really locked into the Gulf countdown and I994 words
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Article78 1990-12-25 11 Close Previow Dec 24 SYDNEY All Ordinaries Index 1,270.9 1,271.1 -0.9 All Industnals Index 1,935.1 ',936.4 -1.3 All Resources Index 759 1 759 7 4X6 Turnover (million) 57.25 77.74 20.49 BANGKOK SET Index 587.85 -23.78 Turnover (million) NA 1,080.0 JAKARTA Composite Index NA 400.44 MANILA Composite Index Closed 664JI0 Turnover78 words
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Article47 1990-12-25 11 THE Securities Exchange of Thailand (SET) index plunged sharply yesterday to close below the psychological banner of 600 points on fears that the Gulf crisis would explode into war. The volatile index closed at 587.85 points, down 23.78 points or 3.8 per cent from Friday's closing.47 words
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Article84 1990-12-25 11 TAIWAN stocks ended lower yesterday as investors sold to reduce their exposure before Tuesday's holiday, brokers said. The weighted index closed 74.20 points or two per cent lower at 4,093.61 compared with Saturday's 4,167.81 finish. Turnover was NT539.3 billion against NTS3S.B billion. The market will be closed on Tuesday84 words
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Article798 1990-12-25 11 Reuter, AFP SEOUL stocks fell below the 700 level in thin early trade on selling by individual investors wary of the market's prospects for next year, brokers said. The index stood at 698.79 near the close of the morning session, down 6.84 from Saturday's close. Unpaid customer accounts andReuter,; AFP - 798 words
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Article333 1990-12-25 11 In local currency la S$ la US$ day year day year day year DEC 21 Index change change change change change change World 361.2 -0.3 -22.3 -0.9 -25.3 -1.4 -18.6 $Eafe 474.3 -0.9 -30.4 -1.8 -31.0 -2.3 -24.8 Europe 367.5 0.0 -18.4 -1.5 -15.3 -2.0 -7.7 Pacific 790.3 -1.5 -37.6333 words
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Page 11 Advertisements
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Advertisement6 1990-12-25 11 Chartpoint in Business Times every Saturday6 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration777 1990-12-25 12 David Gabriel - THE SANGKM^L By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures. THESource: TeleTrac - 777 words
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Article388 1990-12-25 12 Cross rates p<* 24 US$ SS MS Dm Yen SFr AS NZS USS ***** 2.7060 1.5310 135.40 0.5305 1.3120 1.2945 1.7007 S$ 0.5737 1.5525 0.8784 0.7768 0.3044 0.7527 0.7427 0.9757 MS 0.3695 64.41 0.5658 0.5004 0.1960 0.4848 0.4784 0.6285 Dm 0.6532 1.1385 1.7675 88.44 0.3465 0.8570 0.8455388 words
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Article564 1990-12-25 12 Interbank rates Dec 21 SS Bid Offer Overnight 2 1/2 2 3/4 1-month 4 7/8 5 2-month 5 5 1/8 3-month 5 1/16 S 3/16 Overnight mode: 4-1/4 L'SS Bid Offer 7 days 11 7/8 12 1 month 8 3/4 8 13/16 2 months 8 1/8 8 1/4564 words
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406 1990-12-25 12 Reuter FOREIGN exchange, long regarded in the banking business as the goose that laid the golden egg. will lose some of its downy coat in 1991. "There is a general indus-try-wise problem in banking," said Mr lan Spence. a managing directorReuter - 406 words
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Article250 1990-12-25 12 IMM Pec 21 DEUTSCHEMARK Open High Low Sett Vol Op/lm Mar 91 0.6572 0.6580 0.6475 0.6507 ***** ***** Jun 91 0.6535 0.6535 0.6460 0.6474 EURODOLLAR Open High Low Sett Vol Op/lnt 92?74 92J1 9167 9169 ***** *****8 Jun 91 92.80 92.83 92.75 92.76 JAPANESE YEN Open High Low250 words
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574 1990-12-25 12 Reuter GOLD, the safe haven of days gone by, will trade more like a commodity in 1991, focusing on supply/demand and lessening its role as a traditional shelter from crisis, industry analysts said. In the coming year, prices will barely stray from 1990'sReuter - 574 words
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574 1990-12-25 12 UPI US REGULATORS ended the first full year of their herculean task of stemming the savings and loan industry's huge losses with praise and condemnation. The industry, meanwhile, continued to bleed red ink. By the end of the year'sUPI - 574 words
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337 1990-12-25 12 Reuter US SECURITIES firms will continue to cut unprofitable businesses, pare staff and seek money-saving consolidations into 1991 as cost control remains Wall Street's top priority, analysts and executives said. The securities industry as a whole may barely break even for fullReuter - 337 words
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Article957 1990-12-25 13 City Flight ETA night ETD < mm CA978 0930 Bombay AC888 0925 AI425 0020 SRI 88 1555 SRI89 2150 AL402 2215 AC889 2205 A1403 2345 BostM UA97 2350 UA90 0750 Brisbane SQ236 1940 BA11 1025 SQ227 2100 QF52 2140 BTVSMIS SQ33 0850 Cairn Of 61 2010957 words
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THE TRAVEL PAGE
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Article, Illustration531 1990-12-25 13 John Lablache - POSTCARD FROM THE SEYCHELLES By John Lablache Giant tortoises amble in the background as a guitarist strums love songs on a tiny wooded island in the Seychelles. A photographer stands by to take a picture of the happy bride and groom. They walk to531 words
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Article148 1990-12-25 13 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3310 1.3610 Canadian dollar 1.4870 1.5070 NZ dollar 1.0100 1.0400 Sterling pound 3.2490 3.2990 US dollar 1.7320 1.7420 load dollars to 100 units of foreign currency Austrian schilling Belgian franc148 words
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Article139 1990-12-25 13 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jan 19-27 International Germany Stuttgarter (46)711/258*0 Feb International Hamburg Hamburg Messe *****569-0 Exhibition For Messe Und Tourism, Caravan Und Congress Caravamng. Kongress and Automobile GmbH Motoring. Tourism Exhibition Jan 21-24 Middle East Manama, Arabian Exhibition 973/*****3 Feb139 words
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Page 13 Advertisements
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Advertisement178 1990-12-25 13 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! JS& X izm.-AW r jV M i "East Malaysia 5592.00 (Registered second class air mail) 'Overseas 5585.00 (Surface mail) SUBSCRIPTION/RENEWAL FORM j Ndmc.Mr/Mrs/Miss Address: j Tel:(H) (O) I^ll I Company: Designation: I I Enclosed is my cheque/money178 words
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Page 13 Miscellaneous
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Miscellaneous365 1990-12-25 13 Christmas Crossword Contest BT's Christmas Crossword is back. All ready for you to chew over Christmas Day lunch or get over last night's hangover with. And as a sweetener, BT has on offer a giant bottle of champagne for the first all-correct entry to be opened. Send your entries to:365 words
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Miscellaneous203 1990-12-25 13 Singapore Forecast (Sun) Maximum temperature 30.6* C Assoc humidity 64% Minimum temperature 24.2* C Assoc humidity 93% Hours of sunshine 7.25 Rainfall in mm Trace Rainfall this month 201.1 Rainy days this month 15 World report Asia-Pacific Hi/Lo* Cond. Auckland 21/15 Showers Bangkok 32/23 Fair Beijing 01/-9 Cloudy Brunei 31/23203 words
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Miscellaneous22 1990-12-25 13 SOUW H°'. W°! HOj_ lio "> implies siotf (G eup...^ jqss JTho -W.SJ 0 wg--ggps j C EVENING STAMOARO CO. LTD.. HM-IWO 833322 words
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Article407 1990-12-25 14 Total exports for first nine months up 13.5 pc Bernama MALAYSIA'S trade surplus in the first nine months of this year plunged to MS 183.8 million, 97 per cent lower than the M 56,055 million in the same period last year. The statistics department in KualaBernama - 407 words
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Article, Illustration290 1990-12-25 14 AFP THE PHILIPPINE armed forces were on the second highest state of alert yesterday to deter attempts by right-wing military rebels to launch sabotage attempts during the Christmas holidays. Armed Forces chief General Renato de Villa said the capture of two ex-military men and twoAFP - 290 words
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391 1990-12-25 14 Reuter US NEGOTIATORS, reviewing the state of play after efforts to reform global commerce faltered this month, may act unilaterally and aggressively next year to prise open markets in Europe, Japan and Latin America. "We'll see a flurry ofReuter - 391 words
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205 1990-12-25 14 Reuter TAIWAN'S plan to put its relationship with China into a new legal framework will not be completed on schedule because of sharp debate in parliament, a senior government official said yesterday. The government has given up hope that two key laws on Taiwan-China relationsReuter - 205 words
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Article, Illustration860 1990-12-25 14 GARY BECKER; GARY BECKER - The Bottom Line GARY BECKER GARY BECKER The writer is a professor of economics and sociology at the University of Chicago. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill, Inc. All rights reserved. I RECENTLY was invited to Moscow to explain the860 words
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198 1990-12-25 14 Bernama THE KUALA LUMPUR Stock Exchange said yesterday it would introduce a second board index from Jan 2 in view of the increasing number of companies being listed on the second board. The KLSE added that the index, aimed at providing investors withBernama - 198 words
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Page 14 Advertisements
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Advertisement160 1990-12-25 14 PiageT KWUJF.R HN ItmXMMIMVIS IXI4 CENtZVE THEGROWTH TRIANGLE A Special Business Times Survey February 26, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and160 words
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Advertisement7 1990-12-25 14 PiageT pAium en mrnxz-m: imns m GENEVE7 words
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Shipping Times
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Article, Illustration402 1990-12-25 15 Bernama THE Malaysian government has expedited several measures to ensure that total privatisation of Port Klang can be carried out by March 1, Deputy Transport Minister Datin Paduka Zaleha Ismail said. She said the government was convinced that the port could beBernama - 402 words
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380 1990-12-25 15 Lloyd's List THE world orderbook for dry bulk tonnage fell in the third quarter of 1990 to its lowest level since mid-1988, an analysis from major shipbroker Clarkson shows. It stood at 12.2 million tonnes deadweight, having fallen from aLloyd's List - 380 words
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143 1990-12-25 15 AFP SPACE Communications Corp (SCC), part of the Mitsubishi group, has cancelled all communications services via its Superbird A satellite because of technical problems, company officials said yesterday. The cancellation was announced by SCC President Hiromune Minagawa at a hastily-arranged press conference lateAFP - 143 words
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Article, Illustration416 1990-12-25 15 THE Australian federal government and the country's shipping industry have fired a double broadside at critics of the allegedly high costs of shipping. Outspoken shipping industry leader Bill Bolitho attacked the General Council of British Shipping for boasting about its overseas earnings for416 words
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373 1990-12-25 15 Bangkok Post SAMAK SUNDARAVEJ, Thailand's newly-appointed Transport and Communications Minister, has reaffirmed his longstanding opposition to the 20-year-old proposal to build the country's second international airport at Nong Ngu Hao, a low-lying suburb to the east of Bangkok. Mr Samak, who wasBangkok Post - 373 words
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259 1990-12-25 15 Florence Chong - From Florence Chong in SYDNEY AUSTRALIA'S second international airline, Australia World Airlines, which is funded by Asian investors, has secured landing rights in Taiwan. The airline will now put in a formal application to the Australian government for its approval to start259 words
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NEWS SUMMARY
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35 1990-12-25 15 AFTER many years of development, a new charter party was formed aimed at the containership owner and charterer. The Boxtime Charter Party looks set to become a regular feature Page 235 words
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55 1990-12-25 15 THE United States and Britain remained far apart after the latest round of talks about allowing the transfer of rights to use Heathrow Airport in London, an American official said. American Airlines has agreed to buy TWA's routes, while United has agreed to55 words
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43 1990-12-25 15 PAN AMERICAN World Airways may eventually be acquired by Trans World Airlines, but the financially ailing carrier would fly as Pan Am for a few more months if a requested short-term loan is arranged Back Page43 words
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34 1990-12-25 15 AEROSPACE giant Boeing Co, whose stock has been buffeted recently by fears of a major US airline industry recession, sees relatively smooth sailing in 1991 Back Page34 words
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LOG BOOK
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76 1990-12-25 16 THE US Defence Department has been paying high prices to charter vessels and book space aboard freighters to support the military build-up in the Persian Gulf. Ship brokers, freight agents and shipping executives agree that higher prices have meant more profits for shipowners.76 words
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Article53 1990-12-25 16 AN AEROSPATIALE-LED consortium has won a more than US$29O million contract to launch two telecommunications satellites for Turkey, the semi-official Turkish news agency Anatolie reported. Under the contract, Ariane rockets are to be used to launch the two Turksat satellites. The first is to be into53 words
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Article74 1990-12-25 16 SOME 1.16 billion people travelled by air on scheduled domestic and international flights worldwide, about 5 per cent higher than last year, the International Civil Aviation Organisation said. The preliminary estimates indicated that traffic growth would be sustained through the end of the year. Air74 words
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Article86 1990-12-25 16 GERMANY'S Siemens and Swedish Ericsson firms have won a contract to install new telephone networks in Hungary. The contract is for the installation of about 550,000 digital phone lines during the next five years, the MTI news agency reported. In the first year 65 per86 words
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Article115 1990-12-25 16 THE European Investment Bank is lending 149.1 million ECUs (US$lBO million) to Airbus Industrie for development of the Airbus A 321 short-distance and medium-dis-tance airliner. It was the first such loan directly by the bank to Airbus Industrie to finance an aircraft development programme in Europe.115 words
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Article70 1990-12-25 16 McDONNELL DOUGLAS CORP's McDonnell Aircraft unit last week said it will notify about 4,000 employees that they could be laid off as soon as Jan 2 if the US Navy's A-12 Avenger programme is cancelled. McDonnell Aircraft said people identified for notification will be selected on70 words
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Article, Illustration1037 1990-12-25 16 CONTAINERISATION still a relatively new market in shipping, has adapted existing charter parties as the basis of trading. The first purpose-built containerships did not appear in any numbers until the late *****. As the major liner routes quickly adapted to the box revolution, so the smaller1,037 words
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Article935 1990-12-25 16 1991 Jan 18: The Fifth Chua Chor Teck Memorial Lecture on Hull Structural Failures Repairs by Profesor M. Mano, of Kinki University, Japan at the Auditorium, Singapore Polytechnic. Lecture at 6.00 pm. For further enquiries call Ms Yeo at 278-9444. Jan 24-27: Airport, Port and Transport Exhibition APEX935 words
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Article12957 1990-12-25 24 This is a list of ships loading v at Singapore for ports around the world. It tabulates, by 1 destination, the name of the c ship, the shipping line in- volved and the estimated y dates of arrival and departure a from the Port of Singapore. Advanced12,957 words
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Article3308 1990-12-25 29 Cootainerline NV: Belsin I Shpg Agencies Pte l td (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsourve Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Seal-Air Service: Frata Shpg Pte Ltd3,308 words
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Article241 1990-12-25 29 Abacus C miners Tel: 545-8011. Fax: *****98 Air xpress I ravel Td: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80 Airswift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Td: 344-3377. Fax: *****50. (luster link Supplies241 words
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Article1485 1990-12-25 29 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td. 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td. 542-7666. Fax: *****74, *****50. Air1,485 words
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Article2393 1990-12-25 30 ARGENTINA Villa Constitucion: One vessel berthed in ballast awaiting orders. San Nicolas: Four vessels in port of which 2 loading steel coils, I discharging iron ore, 1 awaiting coal cargo; 2 barges in roads awaiting berth to discharge iron ore. La Plata: Two vessels loading petrochemicals; 1 vessel2,393 words
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Article564 1990-12-25 30 SHIP SALES TANKER RATES Reuter, AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers The Spring Eagle: 37,651 dwt and built 1983, sold to an unnamed concern for about US$l3 million. United Ambitioa: 60,010 dwt and built 1981, sold to Chinese buyers for about US$l5.5 million. Chemical tankers Astro: 3,575 dwtReuter,; AFP - 564 words
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Article546 1990-12-25 30 ARRIVALS Op Flight Type ETA T From TODAY JAL JL6I7 B747F 0200 1 NRT KAL KE697 B747F 0220 1 SEL NCA KZ205 B747F 0310 1 NRT CLX CV796 B747F 2230 1 LUX/AUH/KUL TOMORROW CAL CI333 B747F 01 IS 1 TPE AZA AZ995 BC8F 0235 1 SYD SIA546 words
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Article364 1990-12-25 30 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA ETD Port Agent Ports of Calls DECEMBER 25 25 Andaman Pnncess 0900 1400 Lines International Sin-Malacca-Sin 27 27 Andaman Princess 1300 1700 Lines International Cruise-to-nowhere 27 28 Cora Princess 2100 0900 Sembawang Johnson Cruise-to-nowhere 28 28 Andaman Princess 1500364 words
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SHIPS IN PORT
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Article596 1990-12-25 31 Vtwd Voy Wo Birth Anwd Ogrtw VksM Voy Wo Berth km* Depart i| M nn Otympa 26/90 P1A 25 12/0700 2612/1200 Ms Strength 29EB K33 alongsrie 24.12/1600 pj? 24 n/S W12/0630 Gradistea 01/90 K34 atongsrfe 26.12/0600 J* 138 2 US Koto Beran E-879 R32 alongsde 28 12/2300596 words
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Article1280 1990-12-25 31 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookng/Babnce Rsfts Ship Voy No Etb/Btr Period From To From ACX Jade 27A 26/1900 4 24/1200 24/1*59 24/1700 ACX Lotus 7B 25/0700 1 23/1500 23/1659 23/1900 3 24/0700 24/1159 24/1400 A1 Pride ***** 24/2300 2 23/1700 24/0659 24/0900 Aba1,280 words
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Article324 1990-12-25 31 HMWfC r OfT Berth 1: Gina. Berth 2: Bunga Mas. Sin Nga. Berth 3: You Yi 16. Berth 4: Ken Sky. Berth 5: Trade WiH berth 6: Bunga Dahlia. 01 jetty: Stolt Uskok, Santi. DCJ: Belle Coral. Due on Dec 24: Nissin, Ribuan Jaya. Due on Dec324 words
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Article739 1990-12-25 31 CHARTERING on the dry cargo freight market on Friday featured confirmation of the first Soviet grain shipments since the easing recently of some trade restrictions on Moscow by the US, brokers said. Cargill Inc took six vessels for prompt to mid-January loading from the US to Soviet Baltic739 words
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Article, Illustration355 1990-12-25 32 NYT THE United States and Britain remained far apart after the latest round of talks about allowing the transfer of rights to use Heathrow Airport in London, an American official said. American Airlines has agreed to buy TWA's routes, while United has agreed toNYT - 355 words
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257 1990-12-25 32 UPI PAN AMERICAN World Airways may eventually be acquired by Trans World Airiines, but the financially ailing carrier would fly as Pan Am for a few more months if a requested shortterm loan is arranged. Before the proposed merger was put onUPI - 257 words
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299 1990-12-25 32 Reuter AEROSPACE giant Boeing Co, whose stock has been buffeted recently by fears of a major US airline industry recession, sees relatively smooth sailing in 1991. Frank Shrontz, chairman and chief executive of the world's largest aircraft maker, dismissed analysts' concerns andReuter - 299 words
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Page 15 Advertisements
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Advertisement169 1990-12-25 15 Some Reasons For M SIMMS M/EEKLY OVERSEAS WW MM I tW*. For other reasons, sold in your subscription now. r :\\*j 1 Pleas** send J name: name: j Address: Address: Occupation: Occupation: I Tel: Tlx/Fax: Tel: —Tlx/Fax: AIRMAIL SUBSCRIPTION RATES: s j I want to subscribe for months at S/Uss169 words
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Advertisement40 1990-12-25 15 Your son is studying overseas. And you want him close to home with news from home. v ,'r To your principals andbusness assodates overseas, its assuring that Singapore is great for business. The Straits Times Weekly is BKea country report.40 words
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Advertisement178 1990-12-25 15 BSWEE HENG METAL CO PTE LTD 13 TUAS AVE 14 SINGAPORE 2263 TELEX RS ***** SHMCPL TEL: 861 MSs<sho*») TELEFAX: 861 2946 jC\\ !>v FuM ring«ol J«'U ACOU '<«* lit* 1 |;T t TJJ tann»M tonnw l/fffjrorqu# sim:jipoar MALA«U> /1 Con»«rlo» lIIAILANO. INOOWeMA Dmml LPO rim irrun f! 018 UWP178 words
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Page 16 Advertisements
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Advertisement156 1990-12-25 16 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap156 words
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Page 17 Advertisements
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Advertisement1066 1990-12-25 17 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 Southpoint. Singapore 0208 All If# Tel *****11 TELEX NO RS Y iffTmil TERMINAL/CFS ret *****18 220 ItßAAAflrl bookings Tei *****34 235 L VQQQf J tSAKA JARDINE SHIPPING AGENCIES SON PORT KELANG TEL *****18 TELEX MA***** MA***** PENANG TEL G***** TELEX NO MA***** CFS1,066 words
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Advertisement1008 1990-12-25 17 INDEX TMDVEKTgEg Pmge Col P*B* Col I A I M 1 Mac-Neis Agencies 14 1/2 ABC Containerize 13 5 Macoline 18 2/3 Accord Group 8 1-3 .MaerskLine 3 4/5 Albatros Sea-Air 14 4 VIISC 14 1-3 APC Line 13 4 M'sia Shpg Corp 9 1/2 1 •Arrow Lines 9 51,008 words
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Advertisement39 1990-12-25 17 n —n I SaM I I MAERSK I WE WISH ALL OUR CUSTOMERS MERRY CHRISTMAS AND A HAPPY NEW YEAR! See Tuesday, Thursday Advertisement For East Med/Red Sea. Jeddah. Gulf. India. Pakistan/Colombo, South/East Africa. AustraliafNew I Zealand. Micronesian Islands.39 words
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Page 18 Advertisements
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Advertisement814 1990-12-25 18 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE OSAKA BAY 97/555 30/12 24/1 18/' "'J TOtAGA BAY 13/558 31/12 17 1 li'J HONG KONG EXPRESS 98/501 3/1 28/j 22/1 24/1 21 1 CITY Of EDINBURGH 93/503 6/1 23/' 26/1 TOKIO EXPRESS 97/505 13/1 3»1 4/2814 words
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Advertisement600 1990-12-25 18 SINGAPORE TO NOUMEA 12 DAYS FOR BREAKBULK AND CONTAINERS COMMENCING SEASPAC I VOY 1702 EB ETA SIN 28/12/90. CSAV WILL CALL NOUMEA WITH A MONTHLY ALLWATER SERVICE. Agents: SINGAPORE: 5H0456 VPESAKA JARDINE M'SIA SJS? i PORT KELANG: 03 368-4118 JOHORE: 07 *****2 J I EXPRESS TO PAPUA NEW GUINEA ~1600 words
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Advertisement1475 1990-12-25 18 &BMB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAH 9042 3 25/12 14/01 16/01 19/01 20/01 21/01 22/01 23/01 25/01 NORASIA SAMANTHA 9043 3 01/01 21/01 22/01 26/01 27/01 28/01 29/011,475 words
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Page 19 Advertisements
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Advertisement717 1990-12-25 19 ®jjjSteamers Maritime HoJding^Jtd| P&O UflU STRAITS SHIPPING I r J Singapore to BruMi, East Malaysia, Wa^Containers Mj» I SSmSLuS!* fH Group""" China Navigation Co. (A m—bar o« ANRO) 1 I Syarikat Perkapalan Kris I s ~x Mansfield Container Shipping Pte Ltd I I 19 Hoc Chiang Road #OD-02 to M717 words
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Advertisement1200 1990-12-25 19 TO: EUROPE TO: FAR EAST SPORE MH MO KOS BU SP LN RDM HAM B HVN BRE ELX CMOTANG VICTORY 001 C 2*12 It/12 2J/12 31:12 HANJIN HAMBURG 004W 2*12 Ml 1/1 Ufl 20/1 llil 21/1 HANJIN L£ HAVRE 0101 »/12 J/1 4/1 7/1 10-1 HANJIN ROTTERDAM 012W VI 23/11,200 words
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Advertisement380 1990-12-25 19 mmumm STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ORANGE EASTERN CHAMPION AMBALIKA MOON PEARL TRADER VOY NO I 1 14 S9 Spore 29/12 30/12 S/l 7/1 P Keling 30/12 7/1 VI Yangon Mongla Chittagong Calcutta Yokohama 10/1 22/1 24/1 Nagoya 20/1 22/1 Osaka Senboku 18/1 20/1 Hochiminh380 words
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Advertisement610 1990-12-25 20 ns CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSt VOY pS PORE j ROAM AOAM H BURG BREMEN ANTWERP KUTAI 21WB In Port 30/1 6/2 107 Wl MA TAR AM'29MB 29/1 W U0 17,3 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subjact to Inducement Also accepting cargo 1o Casablanca. Port610 words
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Advertisement765 1990-12-25 20 HANJIN SHIPPING wy j FULL CONTAINER SERVICE IS porelLEH HTM ANR HAM BRV FIL FEEDER VSL SIN LINE HAUL LAX OAK 29(12 16,1 17 1 181 I»1 M CHOYANC VICTOR* 001 26/12 H LEHAVRE 011E 211 MA 5/1 123,1 24,1 25,1 2*l 27,1 28/1 HANJIN LEHAVREOIIE 1/} P'""!, fjg "J765 words
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Advertisement1314 1990-12-25 20 J J —J T .J PKL SCP HKG KSC KLC PUS HKT OSK SM2 TYO LAX CHS BAL NYC LHV ANN ROM THP HBC SGP I E Git AMY Rl -031 In Pt 30/1? 2*12 2/1 VI 1/1 10(1 12/1 13a 2*l «/2 «/2 I*2 20/2 21/2 22/2 24/2 21/31,314 words
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Page 21 Advertisements
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Advertisement695 1990-12-25 21 j| Wishes All Its ji ita, Clients, H w %2B Friends Ir m 1 j§ Business Associates S I ANTWERP 29/12 KAOHSIUNG 30/12 COLOMBO 29/12 BREMEN 29/12 CCI wr BOMBAY 27/12 HAMBURG 29/12 KtELUNG 30/12 KARACHI 27/12 LEHAVE/LONDON 29/12 HONGKONG 31/12 28/12 FELIXSTOWE 29/12 CHITTAGONG 1/1 GENOA 29/12 MANILA 2/1695 words
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Advertisement1190 1990-12-25 21 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1) *****1 (RE(iULAft INDEPENDENT SERVICE) "DISCHARGING FROM EASTBOUND LOADING FORWESTBOUND VtSSELS VOYAGE |SPO«t |»WIILA HKONc" VOYAGE SPORE PKLANG HRURG RHAVEN TILRURt ROTT ANTWERP1,190 words
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Page 22 Advertisements
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Advertisement1115 1990-12-25 22 VHP V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CBNo: **********0 M) TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 M MALAYSIA HARPER WIRA SON BHD I A dHba TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 9HHH9I KAW A SAKI KISEN KAISHA 1T D. INDONESIA PT. SARANA LAUT internusa TEL JKT1,115 words
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Advertisement155 1990-12-25 22 H)|jUjU|V W|D|Dr/' <* BOMBAY Vmadras P^COIOMBO Good 'Co-loading' rates. Weekly LCL/FCL YOUR INDIAN CONNECTION 147-A CHEW (U HOCK BUHDING TYRWMin HUM) SMGWOM 0«2I TEL *****01. *****26 FAX *****16 Continental Pacific Shipping TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR KYVERNITIS Sid Skf SETE/ROM/ANT/FLU/UK CHERRY FLOWER SW Sid155 words
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Advertisement139 1990-12-25 22 xREGULAR CONVENTIONAL SERVICES/ [S'pore P Ketang Loading for I CAPTAIN YANNIS L 3/1 6/1 Antw,Rdm;UK;Nantes I I S'pore Loading for I SPARKLE SUN 1/1 Dubai/Damman/Mina Qaboos I PAN RISER 7/1 o+mfitmmm I NAM 10/1 Hodeidah Jeddah I TAMARA 12/1 Dubai Damman; Bahrain I [S'pore Loading for SAMMI SUPERSTARS Los Angeles/New139 words
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Advertisement739 1990-12-25 22 9 m PHIII-Oftl€NT LIN€S PT€ LTD toe ROBINSON ROAO #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 29 DEC MONTREAL, OTTAWA, TORONTO, 30 DEC DUBAI, DAMMAN,739 words
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Advertisement373 1990-12-25 22 A golden line lvf>< GUAN GUAN SHIPPING \fs!/<\ (PTE) LTD If a, TelokAytf Street SINGAPORE 0104 TEL *****8* (10 LINES) Far *****04 (CR No. **********0*) tTIAITt/WMIAW OULF «S*VIC» S pore P Keteng Penang GOLDEN BEAR Cotomba Karachi Dubai 30/31 Dec GOLDEN HAVEN Colombo: Karachi Dub* 1/10 Jan CHINA SKKVICE DAI373 words
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Page 23 Advertisements
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Advertisement1512 1990-12-25 23 aassg &PMa pacific international lines (pte) ltd| J Jf PIL Building, 140 Cecil Street »0300, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 9044 28/12 29/12 3/1 PEGASUS PROGRESS 648N 26/12 29/12 2/1 KOTA PAHLAWAN 01 29/12 1/1 ""N1,512 words
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Advertisement1118 1990-12-25 23 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT C VESSEL IVQV SPORE PKLANG S HAMPTON HAMBURG B'HAVEN R OAM L HAVRE Osaka Bay' 97/555 30/12 23/1 17/1 19/1 16/1 22/1 Tolaga Bay 13/5581,118 words
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Advertisement262 1990-12-25 23 M MYANMA W FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg AVA VIOSW 2V2S Dec In PI PINVA VII2W In Pt 27/29 Ok PAGAN VIBSW 30/1 Jan MYOMAYWA VUIW 2/5 Jin HPA AN VISIW 4/8 Jin THE BANK UNE (A Mnric* (X Andrew Welr262 words
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Page 26 Advertisements
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Advertisement762 1990-12-25 26 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FIX BRV ROM AWT HBG CARMEN CARINA WMIO2 In Pt 18/1 17/1 20/1 W W ARABIAN SEN Wfl<B 27/12 1«/1 28/1 22/1 23/1 THUERINCCN Ml 103 2/1 30/1 2*l 1/2 31/1 27/1 GERMAN S£N WflM 5/1 W W W762 words
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Advertisement1141 1990-12-25 26 f— k. Mmi:liM4!. 3 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 I I LOADING FOR f OUR COHSOUMTIOH SERVICES TO: ,ol 32 fm V 9ISOI 2 FIIRfIPF DISCHARGING FM VISStt [VOK HKG MNL Kit TOK NCO KOf T»1»U N 27/2 4/1 12/1 W 20 DEC ft 5 JAN LONDON ROTTERDAM1,141 words
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Advertisement117 1990-12-25 26 ItoJE CONTAINER LINE) f TEL: *****59 FAX *****63 We wish* All our Customers *A Merry Christmas FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 26.12.90 27.1290 PK BALAM NAGA JAYA In Port DOCK LAMPUNG JAYA In Port 29 12.90 PANJANG/PALEMBANG117 words
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Advertisement1208 1990-12-25 26 ■■so- CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE tel »M» 2, MISTRI ROAD. HMC BUILDING TELEX: RS 2O3OCOSHIP #15-00. SINGAPORE 0207 FAX. 2261|tt CR NO **********0 M CABLE: COSTARLINE General Agents: COSTAR SHIPPING PTC LTD TO FROM EUROPE VESSEL/VOY SGP FLX HOT HAM AWT PKK VESSELVOY FLX WOT HAM1,208 words
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Page 27 Advertisements
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Advertisement828 1990-12-25 27 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 29/12, 5/1 EUROPE all Ports 29/12, 2/1 BANGKOK 28/12, 2/1 HONGKONG/CHINA 28/1, 4/1 SYD, MEL, ADEL, BRIS 31/12, 6/1 FREMANTLE 26/12, 4/1 MANILA 28/12, 4/1 PKLG/PENANG 30/12, 6/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penarvg828 words
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Advertisement247 1990-12-25 27 (Si RICHFIELD MARINE AGENCIES (S) PTE LTD S TEL: *****33 (12 Llneo) 2Z+ FAX: *****15/*****03 fti TELEX: RS ***** RISHIP (3 Llnoo) 0 ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA ILOAOIMG FOR SPOWE ABBAY WOM 27W8 IVOI OARESSAI AAM MOMBASA DJIBOUTI ASSAB247 words
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Advertisement816 1990-12-25 27 teHa.PT. MASKAPAI PELAYARAN TOpulau LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ816 words
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Advertisement592 1990-12-25 27 BANGKOK CEBU/MANILA VESSEL VQy SINGAPORE BANGKOK VESSEL VOY S PORE CEBU MANILA SIAM PAETRA 58N Tue In Pt Fri 26/12 SO. STAR S2S 21/12 3/1 5/1 NANTA BHUM 21N TNu 27/12 Sun 30/12 KIT) BHUM 018 4/1 10/1 12/1 MAHA BHUM# 40W Sat 29/12 Tut 1/1 SO STAR 11/1 ~~l7fl~592 words
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Advertisement267 1990-12-25 27 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: tnt express V 263 ETA 12/01/91 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl H<» fix Ham Ant Fot/ltor Liv S'poft TNT EXPRESS 29/H 10/12 12/12 7/12 22/12 21/12267 words
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Page 28 Advertisements
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Advertisement1162 1990-12-25 28 MAC-NELS SINGAPORE.r HMW TEL: *****22 IMPORT TIL *****02 TEL: (04 *****6 KK TEL (088) *****0 TAWAU TEL: (089) 7/8679 KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 l-|\-/\ I|J BAHRU TEL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL (087)*****9 TEL: (21) *****32 MEDAN TEL: (061)1,162 words
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Advertisement411 1990-12-25 28 Illltafc BLUE STAR LINE SINGAPORE TO II NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK IYT PROSPECT 10S 3 Jan II Jan Via NPI411 words
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Advertisement1328 1990-12-25 28 /im THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES~ SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT ETA IIEST VESSEL VBT ETA BEST KIM SOON LI 50/90E 29 DEC1,328 words
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Page 30 Advertisements
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Advertisement20 1990-12-25 30 MM Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times. ll^HI20 words
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Advertisement107 1990-12-25 30 Orient Bulk Line LANCELOT KKU SIN PKL OESTN I SPIRIT/***** Sid In Pt ROT(FLU)/ANT (ZEE)AJK (TIL) SMGA WILSTREAM/***** 28/12 31/12 ROT(FLU)/ANT (ZEE)/UK(HUL) BHH HHHHHii 71 RS ***** INETCO CR No **********0K VESSEL VOY MO S4W MA* CAL TIGER CREEK 114CNB 24/12 01/01 TIGER STAR 140N 21/12 28/12 TIGER RIVER 115CNB107 words
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Advertisement136 1990-12-25 30 JESSELTON QsTt°) 5 SMn Wit UIC liiMlif #15-09 S per* 0106 Titer RS ***** Fu: *****37. Til: *****88 ACCEPTING CARGO ETD ETA ETA ETA AT PPT PS SPORE MUARA LBN KK APRIL GLORY V3SE/90 Sailed 25/12 26/12 27/12 EASTERN GLORY V34E/90 22 24/12 26,12 29/12 30/12 31/12 APRIL GLORY V36E/90136 words
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Advertisement57 1990-12-25 30 INTEROCEAN 2nd Floor, Man 2/71, Taman Tun Or. Ismail, ***** KL. T#| *****34, *****94, *****26 TLX. MO. MA-37M3 FAX: 03-*****11 Panang OH: Tal: *****7, *****2 ILCL/FCL LOADING FOR AUSTRALIA SYO, MELB, ADE, BRIS. FREM. UK/EUROPE LE HVE, HBG, BREMEN, R DAM, GENOA, ANTWERP, UK PORTS SCANDINAVIA USA WEST EAST COAST.57 words
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Page 31 Miscellaneous
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Miscellaneous812 1990-12-25 31 TIDES AND WEATHER TODAY'S TIDES (heflit in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 (mo 0900 *****100 1200 ********************1100 1900 2000 2100 2200 2300 JR 1.0 1.4 1.9 22 24 2.4 2.2 1.9 16 1.3 1.2 1.2 1.3 1.6 2.0 2.3 2.4 2.4 12 1.8 1.4 1.1812 words
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Page 32 Advertisements
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Advertisement303 1990-12-25 32 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG SERN 10/90 20/12 31/12 CHOLTHEE 19/90 28/12 7/1 For Enquiries Call CALVIN HO/DANY LAU (UL\ HIAP HOE SHPPNG ENTERPRISE I V/ii J TEL: *****66 FAX: *****10 \JfJy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG PERFECT 1505303 words
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Advertisement707 1990-12-25 32 MERCHANT MARINE CO, LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CwT FROM PSW VOY LBH OAK SEA HKG SIN LALANDIA 37E 2S/12 3/1 21/1 23/1 25/1 24/1 HYUNDAI EXPLORER 35W 20/11 23/11 M/ll 14/12 22/12 HYUNDAI CHALLENGER 39E 30/12 10/1 21/1 31/1707 words
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Advertisement569 1990-12-25 32 CHARTPOINT Every Saturday in Business Times iFMtortron I** PNCIPKL iHothc Vmml f*s SIN LAX OAK HOU |OAI 1 CHI/ |NOR ]MOI |NYC| I Mauym f* •UNCA KEHUttiwr ¥7* U/U ALLIGATOR CLORT V 3PM 31)12 U/l 28/1 21/1 21/1 22/1 22/1 22/1 Hl\ BUNGA KOftJNINC V7U ImF ALLIGATOR VICTORY VJC3B 7/1569 words
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