The Business Times, 28 December 1990

Microfilm: NL17372
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Friday December 28 1990 75*
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  • NEWS SUMMARY
    • Article
      Orders in US for big-ticket durable goods hit low
      71 1 ORDERS to US factories for 'big-ticket* durable goods plunged 10.5 per cent last month to the lowest level in two-and-a-half years, the US government announced yesterday. The decline matched the post-1958 record for one month set in January and indicates the
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    • Article
      China deals renewed
      30 1 CHINA'S national oil trading company has renewed contracts with two local oil refiners to process nearly 50,000 barrels daily of Chinese crude oil next year Page 2
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    • Article
      Biotech investments
      31 1 SINGAPORE Bio-Innova-tions, the holding company for the Economic Development Board's investments in biotechnology, has made one overseas and one local investment since its launch earlier this year Page 2
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    • Article
      Pakistan to lift curbs
      25 1 PAKISTAN intends to abolish exchange controls and slash tariffs on imports as part of a radical economic reform programme Page 8
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    • Article
      US inflation may fall
      32 1 THE US inflation rate is expected to decline in 1991 as most price increases come at a moderate pace a symptom of a recession, say economists Page 8
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    • Article
      Taipei unveils plan
      31 1 TAIWAN will spend NTSB.S7 trillion (US$3l6 billion) on public projects in the next six years to maintain an average economic growth rate of 7 per cent Page 8
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    • Article
      Wah, the fin man
      38 1 A SINGAPORE shark's fin trader, known in Australia as *Wah the fin-man', controls the budding shark's fin market in South Australia and a large slice of the total market in the country Page 11
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    • Article
      Israeli-Iraqi tensions
      21 1 THE US Defence Department says that the threat of an Iraqi attack on Israel is 'very realistic' Page 12
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    • Article
      Phoenix to cruise
      25 1 SINGAPORE-BASED Phoenix Offshore will sail into the world of luxury harbour cruises in March next year, prompted by the market's 'tremendous potential'.
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  • MARKETS SUMMARY
    • Article
      Dow delayed
      21 1 AN EARLY morning fire in downtown Manhattan yesterday delayed the start of trading on the New York Stock Exchange.
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    • Article
      Footsie higher
      33 1 BRITISH share prices were higher at midday yesterday in light trading. At about 1200 GMT, the Financial TimesStock Exchange 100-Share Index was up 8.5 points, or 0.4 per cent, at 2,164.8.
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    • Article
      RHB tightens grip
      28 1 THE DIRECTORS of Rashid Hussain Bhd have tightened their grip on Development Commercial Bank by acquiring Roxy Electric Industries' 8.91 per cent stake Page 3
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    • Article
      Clob to drop stocks
      27 1 THE STOCK Exchange of Singapore has decided to remove the quotations of 14 Malaysian stocks from Clob International from Jan 2. Page 3
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    • Article
      Drop in M&A deals
      23 1 THE VALUE of mergers and acquisitions dropped by 31 per cent worldwide this year P a 8 e 4
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    • Article
      Daiwa to move capital
      35 1 DAIWA International Capital Management (HK) Ltd plans to use a small portion of the capital in its Singapore and Malaysia equity funds to invest in small and mediumsized firms Page 6
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    • Article, Illustration
      STOCK INDICES
      31 1 Thursday Change BT-MGA 575.79 +4.93 Kuala Lumpur ...500.72 +1.20 Hongkong 3,066.7 +5.76 Tokyo 23.940.70 +53.14 Sydney 1280.4 +9.5 Wed Change New York 2,637.13 15.84 Monday Change London 2,156.3 -8.1
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SS 1.7565 Yen SS 1.2826 MS SS0.6440 Money market rates Overnight 11/2 +1/2 3-month 4 11/16% -3/16
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    • Article
      COMMODITIES
      36 1 London GoW AM fix USS383.75 US$1.75 Rubber S'pore Jan 153.25'/kg +1.75 M'sia Jan 239.50Vkg 0.50 KL Tin Turnover. 25 tonnes+ 5 Spot MS 14.99/kg +0.08 Crude palm oil Turnover 1,053 lots -t-668 Jan M$882/tonne +4
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  • Article, Illustration
    Lock icon Rise in US$ cheers firms with overseas ops
    483 1  -  Fall in interest rates expected to continue By Alvin Tay THE US DOLLAR has risen four cents to 551.75 in just two weeks, giving hope to local companies with substantial operations overseas that this year's sharp fall of the greenback against the
    Source: TeleTrac  -  483 words
  • Article, Illustration
    Singapore is third largest oil trading centre in the world
    331 1 FIVE YEARS ago, Singapore was not on the oil trading map. Today, it is the third largest centre in the world, reports Singapore Business in its January edition. New participants are setting up shop practically every month. Progress has been
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  • Article
    Poram fixes palm oil prices
    460 1  -  Move should increase refiners' poor profit margins By Shoeb Kagda MEMBERS of the Palm Oil Refiners Association of Malaysia (Poram) have decided to fix their prices for both crude palm oil and refined palm oil products. The 30 or so member firms last week arrived
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  • Article
    ENV forms new division to map out policies, strategies
    356 1  -  By Genevieve Cua THE MINISTRY of Environment (ENV) is being restructured so it can achieve its vision of turning Singapore into a model environment city for the region. A new division has been created the environmental policy and management division to
    356 words
  • Article
    Growth expected to be 8.5pc: Mah
    246 1 THE SINGAPORE economy is expected to achieve a growth of 8.5 per cent this year, slightly higher than the previous 8.3 per cent forecast. This was disclosed by Minister of State for Trade and Industry Mah Bow Tan yesterday in "Singapore 1990", a TV
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      213 1 lanfaack International Bldg Wisma Atria Plaza Singapora V Tel 336 342 V s I S j MELXX/ANI Shipping -Time Page 1 Aircraft Schedule 25 Money Market 23 World Stock Markets 22 Commodities 24 Regional News 7 Cryptic Crossword 25 Regional Stock Markets 21 Editorial 10 SES 16, 17 For market
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      Page 1 Advertisements Column 2
      142 1 In Executive Lifestyle tomorrow theatre scene. V m y m m m V M: A Turkey for a boxer whose name is linked with chicken IT's Turkey Awards time again, as EL presents gold-plated feather dusters to the blooper events of 1990. Hold your breath as we stick it to
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      Page 1 Advertisements Column 3
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Round of golf for Premier from Taiwan
        48 2 PREMIER Hau Pei-Tsun from Taiwan, who is holidaying in Singapore, played golf yesterday morning at the Singapore Island Country Club with Prime Minister Goh Chok His visit is a private visit conducted in a private capacity and is non-governmental in nature.
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      • Article
        NTUC conference next month
        55 2 THE National Trades Union Congress will be holding its Triennial Delegates' Conference next month. NTUC deputy secretary-general and MP for Kebun Baru Lim Boon Heng said yesterday that it will be a time to review the activities of the union in the past three years and
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      • Article
        Change of name
        48 2 THE NTUC Income Insurance Co-operative Ltd will be referred to as NTUC INCOME from Jan 1. Assistant general manager KT Samuel said yesterday that the name change was to keep up with NTUC's image of being young, vibrant and a leader in the insurance industry.
        48 words
      • Article
        PWD begins work on Depot Rd
        57 2 THE Public Works Department has commenced work to widen and improve a section of Depot Road near the Henderson Road junction. Costing $2.1 million, the work involves widening the existing carriageway from an undivided two-lane road to a dual two-lane road. It is expected
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      • Article
        Calling young entrepreneurs
        71 2 THE MP for Jalan Besar GRC and adviser to the Singapore Provision Shop Friendly Association, Peh Chin Hua, yesterday urged all talented youths of good character who are willing to make sacrifices to take up the challenge of inheriting and expanding family businesses. Speaking at the association
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      • Article
        Corrections and clarifications
        50 2 IN AN article "SME productivity rises but investments slow" published yesterday, it was stated that loans under the Small Industries Finance Scheme showed a 35 per cent increase between 1988 and 1989. The Economic Development Board has clarified that the increase is close to 7 per cent.
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    • Article
      Sinochem renews processing contracts
      322 2  -  By Lilian Ang CHINA National Chemicals Import and Export Corp (Sinochem) has renewed contracts with two oil refiners in Singapore to process nearly 50,000 barrels per day (bpd) of Chinese crude oil next year. In addition, the Chinese national oil company is negotiating separate term processing
      322 words
    • Article
      Singapore Bio-Innovations invests in two ventures
      210 2  -  By Schutz Lee SINGAPORE Bio-Innova-tions, the holding company for the Economic Development Board's investments in biotechnology, has made one overseas and one local investment since its launch earlier this year. The overseas investment is in health care and the local venture is in agriculture,
      210 words
    • Article
      Sisir posts 45pc increase in operating revenue
      252 2 THE Singapore Institute of Standards and Industrial Research (Sisir) has reported a 45 per cent increase in operating revenue to $13.6 million for the fiscal year ending March this year. "Overall, its financial performance augurs well for its plan to operate on a
      252 words
    • Article
      Task forces to report on creative services
      460 2 THE first step towards a comprehensive promotion of creative services in Singapore will be completed in February when 17 task forces formed for the purpose submit their reports. These task forces, formed under the Economic Development Board's (EDB) Creative Services Unit but wholly
      460 words
    • Article
      Company director faces two charges
      176 2 A DIRECTOR of Nanyang Finance Ltd, Ang Chian Poh, faces two charges involving a total of $720,000 in loans which were allegedly made to his own company, Hiap Hong Trading Company. The Commercial Affairs Department (CAD), which was investigating the cases dating back to 1983,
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      104 2 7 c Jf r" r_. j&w y^WE^ < -7* X A SMALL REVOLUTION IN RESOLUTION BUBBLE JET PRINTER BJ-lOe FROM CANON. Cenon Bubble Jet Printer BJ 10e's e It's a small revolution. i >, YOUR NEAREST AUTHORISED CANON DISTRIBUTOR mm g) FOR FURTHER INFORMATION AN O AF REE DEMON S
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      RHB directors are buyers of Roxy's D&C stake
      592 3  -  Rashid Hussain Bhd itself owns one-fifth of D&C Bank By William Chia THE founding directors of financial services group Rashid Hussain Bhd (RHB) have tightened their grip on the Development Commercial Bank by acquiring Roxy Electric Industries' 8.91 per cent stake. RHB
      592 words
    • Article
      Polytek interim profits dip 41pc
      221 3 DIVERSIFIED Polytek Wearnes showed a 41 per cent fall in profit after tax and minorities to $1.21 million at half-time due largely to poor results from its Australian operations. The Sesdaq company's operations in Australia involve supplying equipment to the hospitality trade, and accounted for
      221 words
    • Article
      SES to remove 14 stocks from OTC market
      275 3 THE Stock Exchange of Singapore (SES) has decided to remove the quotations of 14 Malaysian stocks from Clob International from Jan 2. In a review of the first year of operation for the over-the-counter (OTC) market. the SES authorities have made an
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    • Article
      Lock icon Fight for control of Palmco hots up
      249 3 Bernama THE BATTLE FOR the control of Palmco Holdings Bhd intensified yesterday with both the Chan family and the Johor State Economic Development Corp arguing their respective cases at separate news conferences. Palmco chairman Datuk Robert Chan Woot Khoon alleged yesterday morning that
      Bernama  -  249 words
    • COMPANY BRIEFS
      • Article
        Interest claims for Hotel Prop bondholders
        134 3 HOTEL PROPERTIES bondholders will have to make their claims for accrued interest from DBS Bank not later than 4.30pm on Jan 28, 1991. The ex-gratia payment applies to those who had sold the bonds between June 29 and Aug 11 last year. Hotel Prop
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      • Article
        SES queries Fuji about deal
        99 3 THE SES has asked Fuji Offset Plates Manufacturing for more details about its acquisition of four plots of land in Tampoi and Tebrau industrial estates in Johor. It wanted to know the factors taken into account in arriving at the price and how it will
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      • Article
        Berjaya raises Sports Toto stake
        92 3 BERJAYA CORPORATION (M) has purchased 3.59 milr lion shares in Sports Toto (M) during the period between Dec 12 and Dec 24, 1990, increasing its shareholding in the company to 54.61 million shares. Giving a breakdown of the 54.61 million shares, Beijaya said in Form
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      • Article
        Pegi turns around
        87 3 PEGI MALAYSIA has returned to the black, chalking up a group pre-tax profit of M 53.59 million for the six months ended Sep 30, 1990 from a loss of M 5302,000 in the same period last year. Pegi Malaysia said yesterday that this was achieved on a
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      • Article
        Menang to buy property firm
        105 3 MENANG CORPORATION has entered into a conditional agreement to acquire 100 per cent equity interest in Osvar Development, a Malaysia-based property development company, for M 516.19 million. Bumiputra Merchant Bankers said in a statement yesterday, on behalf of Menang, that the proposed acquisition would be
        105 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      59 3 THINK BIG, DRIVE HOLDEN... If its SIZE, ECONOMY and SAFETY you want. then the HOLDEN VN SERIES is definitely for you. The CALAIS, BERLIN A, and EXECUTIVE models are the largest 2 litre cars in Singapore. Suitable for use on unleaded petrol. Definitely the best deal in town. HOLDEN GSL
      59 words
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mobil discussing oil exploration in Vietnam
        84 4 I MOBIL CORP said it was discussing the possibility of forming three-way oil exploration and production venture with the i Soviet Union in Vietnam. A Mobil spokesman said the discus--1 sions were still at a very preliminary stage due to the 15-year- Ski trade
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      • Article
        Matsushita gets no extension
        73 4 Matsushita Industrial Co Ltd said the European Com'feunity would not extend the three-week suspension period ijjplicable to its Matsushita Acquisition Corp unit's tender *«ffer for MCA Inc, and the period was to expire on Wednes><Jay. The company said the unit offered to pay US$66 in cash
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      • Article
        Drexel details wage bill
        99 4 I&REXEL Burnham Lambert Inc said it told creditors it was Jfeying two unnamed executives of its skeleton staff US$l.45 Qnillion this year on an annual basis and paying a total of $35 trillion to 290 remaining employees. Drexel, which with its {Subsidiaries filed for Chapter 11
        99 words
      • Article
        Pennzoil given more time
        92 4 SENNZOIL Co said it had received an extension of time the Internal Revenue Service to buy additional Chevron *£brp shares. The IRS action extends from Dec 31, 1990, May 31, 1991, the period of time during which Pennzoil invest proceeds from its 1988 Texaco Inc litigation
        92 words
      • Article
        Mitsubishi considers expansion
        83 4 Mitsubishi Motors Corp was thinking about expanding its tjlizushima car plant in Kurashiki, western Japan, where it £jnakes 700,000 cars a year, on an adjacent 50,000-square-me-wjfe plot, a company spokesman said. Demand for its Diamante luxury sedan, launched in May, has been unexpectedly Sales totalled 24,559 by
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      • Article
        Waste Management plans offer
        79 4 Management Inc is considering taking its fast-grow-international business unit public as early as 1992, an OKecutive with the Oak Brook, Illinois-based firm said. James fioenig, Waste Management's chief financial officer, said a jfciblic offering of Waste Management International Inc stock Sftas one option to fund and
        79 words
    • Article
      Lock icon Mergers and acquisitions slump 31pc worldwide
      380 4 Setback is even sharper in the US Reuter THE value of mergers and acquisitions the daring deals that boomed in the 1980s dropped 31 per cent worldwide this year, while a sluggish US economy eroded domestic deals by an even greater 47 per cent,
      Reuter  -  380 words
    • Article, Illustration
      100 Indon firms make shares pledge
      488 4 ABOUT one hundred large companies have committed themselves to selling more than 45.3 million of their common shares to cooperatives, in response to President Suharto's appeal regarding equity distribution, the Jakarta Post reported on Wednesday. Director-general of Cooperatives Development Subiakto Tjakrawerdaya told reporters in
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    • Article
      Lock icon South Korean change tack to win Japanese market
      520 4 NYT A SLOWDOWN in the imports of finished products from the newly industrialising nations of Asia has forced two of South Korea's major electronics firms to take different approaches to gaining a foothold in the Japanese market. "During the boom in imports
      NYT  -  520 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      231 4 Z .-v r 1 9 p 1 If Maxima. j£* fl t The car *f i that f t X W v .< beat II r j r the world i now beats I the taiman. EASY MAINTENANCE CANADIAN TOP QUALITY BEST SEDAN 0 J CAR OF THE YEAR CAR
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  • Page 5 Advertisements
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      88 5 VACHERON CONSTANTIN I r f I i t V 4 S■ V S w4 i y 5 V > P V I I I I IN I /sfe J" y >- *"S>-.**MJ'. :>;f IGAf'OMr (x«;r!«»w.» W-.iKfi Orf .*f u? < i I J*-v'.». J.,'.',"*'.* M' -iS'f!:' 1 Wrltf.h X, J<;
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Shareholders approve Bue, CIC merger move
        96 6 STOCKHOLDERS of Banque de l'Union Europeenne (Bue, CIC Group) and of Compagnie financiere de CIC have approved a merger of the two banks, Bue announced in Pans yesterday. The merger, which was announced last April, is aimed at enabling the two banks to improve
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      • Article
        Albanian bank in Swiss tie-up
        86 6 ALBANIA'S state bank has linked up with a Swiss company to form the first bank with foreign capital in the communist country, the state news agency ATA reported. It said the batik would be known as Iliria Bank and would start trading in January in
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      • Article
        Peru scraps controversial law
        119 6 PERU has scrapped a controversial three-year-old law under which former president Alan Garcia tried to nationalise the country's private banking system, a senior government otlicial said on Wednesday. Presidential spokesman Carlos Oreltana told Reuters that "President Alberto Fujimori has repealed the law." Mr Fujimori's move followed
        119 words
      • Article
        Bank of Spain hardens stand
        82 6 THE Bank of Spain increased its money market intervention rate from 14.65 to 14.70 per cent on Monday, marking a flight hardening of its policy aimed at restricting demand to help combat inflation, operators said on Wednesday at the stock exchange in Madrid. Analysts said
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      • Article
        Citicorp to raise banking fees
        62 6 CITICORP said it will raise fees on 15 of 19 miscellaneous banking services effective Jan 1, 1991. The action under which 11 of the 19 services will be raised over 25 per cent, is not a revenue generating plan, but is aimed at bringing fees
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      • Article
        Ecuadorean banks reject report
        29 6 ECUADOREAN private banks and exchange houses on Wednesday angrily rejected a congressional report alleging that drug-traffickers laundered hundreds of millions of dollars through Ecuadorean banks.
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    • Article
      Lock icon Widespread strike over move to privatise Pakistani bank
      228 6 Reuter STAFF at most of Pakistan's major banks went on strike for two hours on Wednesday to protest against the privatisation of the state-owned Muslim Commercial Bank (MCB), said union leaders. The stoppage stretched beyond two hours in some cities and effectively
      Reuter  -  228 words
    • Article
      Daiwa Int'l Capital to invest in small firms
      403 6  -  By S N Vasuki DAIWA International Capital Management (HK) Ltd (Dicam), in a major shift in strategy, is planning to allocate a small portion of the capital in its Singapore and Malaysia equity funds to invest in small and medium firms in
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    • Article
      Lock icon Bank of New England weighing equity proposal
      561 6 NYT DIRECTORS at Bank of New England Co agreed on Wednesday to continue studying a proposal to give bondholders 92 per cent of the company's equity. The plan would provide the troubled banking company with US$6O5 million of capital, and eliminate cash interest
      NYT  -  561 words
    • Article
      Govt likely to sell 3 'lifeboat' firms
      191 6 THE THAI Government is expected to be able to sell three out of the remaining six financial firms under the lifeboat scheme to private investors now that the assets of those firms have risen. The Bangkok Post reported that the Deputy Director of
      191 words
    • Article
      Lock icon First Interstate's new head rebuilding bank
      643 6 NYT EARLIER this month, Marvin Davis, the oilman turned stock speculator, wrote to the management of First Interstate Bancorp demanding that the company shape up or put itself up for sale. He said First Interstate's shareholders were distressed with the company's "deteriorating financial condition
      NYT  -  643 words
    • Article
      Lock icon US banking industry still in good health
      549 6 NYT US BANKING regulators I and most private economists < say there is no sign of a calamitous collapse of the financial order, despite the steady decline in the banking industry's earnings and the assets of the federal programme that protects depositors. Bankers
      NYT  -  549 words
    • Article
      Lock icon Antiquated phones hindering banking in east Germany
      266 6 UPI ANTIQUATED telephone lines in former communist Fa** Germany hinder the development and modernisation of the region's banking system, senior officials of Germany's central bank said on Wednesday. Bank transactions that take a push of a button in the industrialised world cannot be
      UPI  -  266 words
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      Page 6 Advertisements Column 2
      80 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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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      33 6 Dollar$ Non$en$e J J l f 1 i~ 1-1 i. jr.? 'Who would have thought that when I asked you to have your people talk to my people they'd realize we were superfluous."
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  • THE REGION
    • Article
      Lock icon Rise in M'sian gross output
      502 7 Industrial survey shows value added in 1988 breached M$ 16b Bernama MALAYSIA increased its gross output value to M 565.196 billion in 1988 from M 550.700 billion in 1987, according to the latest industrial survey undertaken by the statistics department. The value added was M$
      Bernama  -  502 words
    • Article
      Lock icon Sarawak's trade surplus shows 28pc drop
      304 7 Bernama SARAWAK'S trade surplus declined by 28 per cent to M 52.489 million for the first nine months of this year, down by Ms7s million from the 1989 corresponding period, the statistics department said yesterday. The lower external trade surplus was mainly attributable to
      Bernama  -  304 words
    • Article
      Lock icon Disarm guerillas only after polls, urges Hanoi
      221 7 Reuter ONLY A newly-elected government in Phnom Penh should take charge of disarming warring Cambodian factions to prevent a return to power of the radical Khmer Rouge, the Vietnamese Foreign Ministry was quoted as saying yesterday. "In order to prevent a serious threat
      Reuter  -  221 words
    • Article
      Lock icon Manila seeks bridge loan from Saudi Arabia
      330 7 AFP THE PHILIPPINES has sought a bridge loan from Saudi Arabia to cope with a foreign exchange shortage prior to the approval of a US$7OO million loan from the International Monetary Fund (IMF), an official said in Manila yesterday. Finance Secretary Jesus Estanislao
      AFP  -  330 words
    • Article
      Lock icon Mitsubishi to fund rain forest project
      130 7 UPI A MAJOR Japanese corporation, responding to mounting calls for environmental protection worldwide, will provide funds for re-forestation of a tropical rain forest in Sarawak. Mitsubishi Corp, a leading trading house and member of the giant Mitsubishi group of companies, yesterday said it will
      UPI  -  130 words
    • Article
      Lock icon Yangon sacks eight MPs involved in rival govt
      260 7 Reuter MYANMAR's military government has sacked eight members of parliament who fled to the border to set up a provisional government, Myanmar's state radio said. The eight were Sein Win, prime minister of the rival government declared last week, and the members
      Reuter  -  260 words
    • NOTE BOOK
      • Article
        French firm to renovate Hanoi hotel
        129 7 FRENCH export construction firm Feal International will renovate and enlarge the Thong Nhat Metropole Hotel in Hanoi, the first instalment of the project costing an estimated US$9 million, Feal announced in Paris on Wednesday, ft added that the total value of work to be
        129 words
      • Article
        Asean fisheries begin exercise
        77 7 SEVENTY fisheries department officers from members of the Association of South-east Asian Nations began a threeday exercise on Wednesday to practice measures to stop poachers and pirates. Rescue methods also are part of the training in the "Blue Ocean" exercises, using 13 patrol boats in waters
        77 words
      • Article
        Iran, Philippines sign pact
        90 7 THE PHILIPPINES and Iran have signed an agreement fpj closer cooperation in various areas including anti-narcotics efforts, a Department of Foreign Affairs (DFA) statement said in Manila on Wednesday. The agreement was signed last week by the visiting deputy foreign minister of Iran, Alaeddin Boroujerdi, and
        90 words
      • Article
        Manila braces for drought
        122 7 THE PHILIPPINES is bracing for widespread drought for the second year in a row in 1991, officials said yesterday. The Philippine weather bureau said in a statement that "below normal rainfall conditions" were observed in many parts of the country in the last month. It forecast
        122 words
      • Article
        Four Indon vessels apprehended
        76 7 FOUR Indonesian fishing vessels apprehended off the coast of Western Australia were being escorted to the pearling port of Broome, an Australian customs official in Perth said yesterday. The four motorised boats with crews totalling 65 were allegedly within the Australian fishing zone. He said the
        76 words
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      117 7 ©CARPETS THE FOUNDER M. K. AMIR RARE GENWNE PERSIANS Ol J) TRIBAI. AFGHANS I 1 *A*JLsJSlte jigaaa fealaHMß PAKISTAN BOKHARAS CHINESE WOOL SILK PERSIANS FROM CHINA^RP^gp^iPW a- ZjmW&w^ CHECK POINTS ON HOW TO BUY ORIENTAL RUGS By Charles W. Jacobsei* "at the ordinary rug auction, extravagant and false statement is
      117 words
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      Page 7 Advertisements Column 2
      240 7 WO i ""■"■A Tinie|less values, The movement of a watch is dust, dirt and water. It provides Rolex Oysters have climbed its heart. Precious. Delicate. For a totally secure protection for the highest mountains, dived to centuries craftsmen have striven the precision Oyster movement. the depths of the oceans and
      240 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Argentina to go ahead with oil deregulation
        64 8 DEREGULATION of Argentina's state oil industry will continue next year in spite of world market uncertainty caused by the Gulf crisis. After Jan 1, the public company Yacimientos Petroliferos Fiscales would no longer have a monopoly on buying all oil produced in Aigentina,
        64 words
      • Article
        Kim calls for higher coal output
        64 8 IN A SPEECH to provincial officials earlier this week, North Korean Leader Kim 11-sung has called for increased coal production amidst reports that the country is facing a severe energy shortage. South Korea's mass-circulation Joongang Daily News reported last Friday that a severe energy
        64 words
      • Article
        Ex-Japanese minister charged
        79 8 JAPANESE politician Toshiyuki Inamura was charged yesterday with massive tax evasion, a day after he resigned from the ruling Liberal Democratic Party amid allegations of financial improprieties, news reports said. The Tokyo Regional Tax Bureau reportedly charged Inamura, a former Cabinet member, with failing to pay US$l2.5
        79 words
      • Article
        India to send food to Moscow
        53 8 INDIA will give 20,000 tonnes of rice and unspecified quantities of coffee, processed food and medicine to the Soviet Union to help it overcome shortages. An Indian Foreign Ministry spokesman said in New Delhi on Wednesday that the gift was valued at 300 million
        53 words
      • Article
        US housing sales rise by 3pc
        107 8 SALES of existing homes in the US rose 3 per cent last month, after having fallen 4.7 per cent in October and tumbling 8 per cent in September. The US National Association of Realtors said on Wednesday that November sales were at an annualised
        107 words
      • Article
        US population up 10.2pc
        40 8 THE US CENSUS BUREAU says there are 249,632,692 people in the US, an increase of 10.2 per cent in a decade. California remained the largest state, with 29,839,250 people, according to a census released on Monday.
        40 words
    • Article
      Guangxi to widen doors to foreign investment
      217 8 GUANGXI's party chief, Mr Zhao Fulin, has vowed to adopt more liberal economic policies to attract foreign investment to this southwestern autonomous region in China, reports the South China Morning Post earlier this week. In his speech at the regional party congress last
      217 words
    • Article
      Lock icon China to end subsidies to loss-making exporters
      149 8 AFP CHINA will stop subsidising state-run foreign trade firms that are operating in the red, in a move to reform its export trade system, a pro-Beijing newspaper reported in Hongkong yesterday. The decision was part of a regulation adopted recently by the Chinese
      AFP  -  149 words
    • Article
      Lock icon Pakistan to lift exchange controls
      453 8 Import tariffs also to be slashed as part of reform programme Reuter PAKISTAN intends to abolish exchange controls and slash tariffs on imports as part of a radical economic reform programme. Finance Minister Sartaj Aziz said in Islamabad on Wednesday that within three to four
      Reuter  -  453 words
    • Article
      Lock icon Lower US inflation expected next year, say economists
      421 8 Reuter THE US inflation rate is expected to decline next year as most price increases come at a moderate pace a symptom of a recession, say American economists. Inflation as measured by the consumer price index (CPI) is expected to run at
      Reuter  -  421 words
    • Article
      Lock icon Taiwan unveils US$316b public spending plan
      381 8 Agencies TAIWAN will spend NT$B.57 trillion (US$3l6 billion) on public projects in the next six years to maintain an average economic growth rate of 7 per cent. "The massive spending will improve our economic environment and bring prosperity to local industries," said Shirley Kuo,
      Agencies  -  381 words
    • Article, Illustration
      Lock icon Roh move seen as bid to mend trade ties with US
      289 8 AP SOUTH KOREAN President Roh Tae-woo's appointment yesterday of US-educated Lee Bong-suh as Trade and Industry Minister is seen as an effort to mend trade frictions between Seoul and Washington. The appointment was the only economic post changed in
      AP  -  289 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1954 8 (iifc MOSCOW NARODNY BANK LIMITED I .1* < Incorporated in London In 1919 as a private limited company > jt' mf* Balance Sheet at 31st December 1989 0) Fixed assets t Land and buildings are stated at valuation with subsequent additions The Bank hokfa investments in the following companies, all
      1,954 words
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      Page 8 Advertisements Column 2
      9 8 Pakistan plans secondary market in govt debt, Pg 23
      9 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      124 9 ADVANCE BOOKINGS NOW OPEN: vi/Pbanqkok FROM JAN.I 4 3 TIMES A WEEK-MON. WED, FRI. From Jan. 14, 1991 take the Executive Jet to Seoul. Asiana announces Singapore to Seoul-via Bangkok-aboard brand new Boeinq 767-300's three times a week. ■BZSBEB^SBSI&I&BES^H 3 I ISfJGAPOW BANGKOK SEOUL WRCRAfT Fly Asia's new airline, call
      124 words
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  • Article
    All the world's a school
    473 10 EDITORIAL IT STARTS with the strategic export of goods and services from home. Then businesses begin to treat the world as their market. And at the end-stage, citizens too embrace the concept of globalisation, crossing cultural borders, but without losing sight and sense of their
    473 words
  • WHAT THE OTHERS SAY
    • Article
      Malay talent
      166 10 THE government's decision to set up a task force to attract Malay/Muslim talent from abroad is creditable for a number of reasons. It complements the wooing of talented Chinese and Indians. It is a reminder that in its search for new residents, multiculturalism is a crucial component of
      166 words
    • Article
      Orchid industry
      105 10 THE master plan for the Singapore orchid industry, which has seen growing competition for neighbouring countries, is a move in the right direction. Spearheaded by the Primary Production Department, the plan would see the harnessing of biotechnology and the pooling of resources of the various orchid cultivators here.
      105 words
    • Article
      Unleaded petrol
      153 10 WHILE unleaded petrol is widely used in many European nations, Singapore motorists know very little about this type of petrol. Firstly, they are unable to ascertain if unleaded petrol is a suitable fuel for their car engjnes. Secondly, they are concerned about cost. With the implementation of the
      153 words
  • REGIONAL VIEWPOINTS
    • Article
      Flaw in the system
      143 10 WORLD support for Mr Gorbachev is, in fact, more than a dilemma for many leaders. He is, in Margaret Thatcher's words, "a man you can do business with". The business done with him undoubtedly benefited the world. At the same time there remains a niggling worry
      143 words
    • Article
      Now is the time
      200 10 A NEW and liberal Taiwan is emerging because of rising pressure from within for change and also because of the pragmatism of the current President, Mr Lee Teng-hui, who in his May inaugural address expressed the willingness to reform his society as an answer to the
      200 words
    • Article
      Peace is 'within grasp'
      205 10 ALATAS's remark upon his arrival on Monday evening from the Paris talks that a comprehensive peace plan for Cambodia was "within grasp seems to encapsule correctly the present stage of the complicated Cambodia talks. The Cambodian representatives have not fully endorsed the UN peace plan but
      205 words
  • Article, Illustration
    Companies eye new ties with Iran
    848 10 The strong oil market and political change have spurred new Japanese interest IN the wake of continuing developments in the Gulf crisis and the establishment of a moderate regime in Teheran, Japanese companies have been taking a more upbeat view of Iran and its
    848 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      103 10 FOR WHO, WHAT, WHERE AND WHEN IN THE CP MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends
      103 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      46 10 DOONESBURY by garry trudeau W a,, CMARIKANS SO MM TEPPOR\\ VEAH.DO I H£ARV fS WUAOefNZ 'CAPS IN A I mjNPBP SO l WtSVLL IT (UK vm,is iajawino I ear kiuw that's mm** I cAiine -ram' f* KWPTO'TK peN 1 *xjpfxs7tw»sua*M is; AM questions*: J ZWMV ifp
      46 words
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  • ANALYSIS
    • Article
      Lock icon Forging an accord to link 380 million consumers
      610 11  -  The EC-Efta common market negotiations are being overtaken by events, says Janet McEvoy Janet McEvoy Reuter Negotiations to create a single market linking Europe's two major trading blocs are fast being overtaken by events as countries from the European Free Trade Association
      Reuter  -  610 words
    • Article, Illustration
      Wah, it's the sharksfin man
      850 11  -  It all started when Singapore trader Teo Cheow Wah heard there were a lot of sharks in Australia but local fishermen were throwing the fins overboard. He persuaded the fishermen to keep the fins. Now, things are beginning to go swimmingly for this businessman, reports
      850 words
    • Article, Illustration
      Man who must say no
      951 11 John Major has to prove that he is more than just a nice chap with a cheque book, says The Economist HAS Britain exchanged a stateswoman. Maigaret Thatcher, for a mere politician, John Major? If so, does it matter? After all, politics should never be
      951 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      112 11 /^TTS. The Bio Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Couiis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream
      112 words
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  • FOCUS
    • Article, Illustration
      Lock icon Threat of attack on Israel very real, says Pentagon
      833 12 The Gulf Crisis NYT AMERICA'S Defence Department said on Wednesday that the threat of an Iraqi attack on Israel was "very realistic" and that US intelligence analysts believe that Iraq will probably use chemical weapons against American-led forces if there is
      NYT; Reuter picture  -  833 words
    • Article
      Lock icon Iraq launches another surface-to-surface missile
      309 12 UPI IRAQI forces launched another surface-to-surface ballistic missile on Wednesday, Pentagon officials said. But the flight path did not threaten coalition forces. Lt-Col Stu Wagner, a Pentagon spokesman, said the missile took off from Iraq and landed within Iraq and "appeared to be part of
      UPI  -  309 words
    • Article
      Lock icon US envoy, Iraqi officials resume contact
      486 12 NYT AFTER a week of silence, diplomatic contacts have resumed between the senior US envoy in Baghdad and Iraqi officials, but no progress has been reported towards resolving the Persian Gulf crisis. Meeting Western reporters on Wednesday, US envoy Joseph Wilson, the deputy chief
      NYT  -  486 words
    • Article
      Lock icon US orders embassy staff home
      82 12 AP AMERICANS connected to US embassies in six Middle East and two African countries are being ordered home or permitted to return voluntarily as a result of "unstable conditions**. A US official said the instability' intensified after the UN Security Council set a Jan 15
      AP  -  82 words
    • Article
      Lock icon Teams in Turkey to assess request for protection
      258 12 Reuter TEAMS from Belgium and Germany were to visit Turkey yesterday to assess its request for Nato aircraft to deter Iraqi attack, a Turkish Foreign Ministry spokesman said on Wednesday. Turkey, the only Nato member bordering Iraq, asked its Nato allies on
      Reuter  -  258 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      166 12 |HH |Bp b You always hear about multinational companies trying to break into Japan, but what about smaller businesses? In our H K January cover story, THE NEW PIONEERS: FOREIGN STARTUPS IN JAPAN, we profile four firms that are no small success. Many companies, large and small, are coming to
      166 words
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  • SPORTS
    • Article, Illustration
      Lock icon Old whines in new bottles
      912 13 NYT IT MAY well be that over the past 2,000 years there was another moment when the Roman Catholic church went to the trouble of publicly excoriating a ball player for loutish behaviour that set a bad example for youths. If so, no one in
      NYT  -  912 words
    • Article, Illustration
      Teravainen's not too perturbed just yet
      434 13  -  By Cassandra How THE winds may have been strong on the first day of the Pioneer Singapore PGA Championship 1990 yesterday, but with a $11,000 purse waiting for the winner, it is still too early to tell whose chances would be blown off course.
      434 words
    • Article
      Lock icon Broken mast fails to deflate Autissier
      302 13 AFP LONE French woman sailor Isabelle Autissier limped into Sydney Harbour yesterday to complete the second leg of the BOC Challenge despite breaking the main mast of her 20-metre two-masted yacht five days ago. The 36-year-old crossed the finishing line 32 days, 14 hours,
      AFP  -  302 words
    • SIDE LINES
      • Article
        England all out for 352 against Australia
        155 13 ENGLAND lost their last five wickets for 49 runs and were all out for 352 with 40 minutes remaining before tea on the second day of the second Test against Australia in Melbourne yesterday. In reply Australia made 21 for no wicket at
        155 words
      • Article
        Blazers outplay Knicks
        70 13 CLYDE DREXLER and Kevin Duckworth combined for 20 points as the Portland Trail Blazers outscored New York 28-19 in the third quarter and defeated the Knicks 108-92 in New York on Wednesday night. The Trail Blazers, who have won their last nine road games against Atlantic Division
        70 words
      • Article
        Jordan's Player of the Week
        82 13 MICHAEL JORDAN, who averaged 34.2 points, 8.8 rebounds and 5.8 assists while leading Chicago to four wins in five games, was selected the National Basketball Association Player of the Week on Wednesday for the period ending Dec 25. Jordan, who leads the National Basketball League
        82 words
      • Article
        Early retirement
        96 13 THE second season of the Senior Professional Baseball Association took early retirement in Miami on Wednesday. After Fort Myers franchise general manager Kip Ingle called his players and told them not to report for yesterday's game with Daytona Beach, the other teams voted to suspend the season. Jim
        96 words
      • Article
        Cancer strikes Farr again
        114 13 HEATHER FARR, who made a comeback on the LPGA Tour this year after breast cancer surgery in 1989, has had a recurrence of the disease and will undergo chemotherapy and a bone marrow transplant. "My breast cancer has returned inside the bone," Farr, 25, said on
        114 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      126 13 MINTON The Restaurant Hi I It PL 'v ,d WHk «srr--"ra**~ S If V Itai, fnjt r lWf A fIK flt The Wlinton you ll find all the atmosphere of a traditional flew lean From the first warm welcome, you'll notice And of course, the tradition of a real New
      126 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      276 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. B?** ■p '^r ■F Spit S/e» huan dishes sei ved at luiu h and dinnei dail\ in therool. invitingatmosphere of S/echuan Court. Kescrv .i!i<>ll. 83 10 or tViH S:)H.) ext
      276 words
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      Page 14 Advertisements Column 2
      331 14 of classical charm Create traditions Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore s new Scons Lounge. 4 W Hyatt Regency Singapore 10-12 Scuits R<wd Singapore 0922 Td "33 11W A Bubbly Toast To The new Year
      331 words
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      Page 14 Advertisements Column 3
      242 14 irv\: i CWrf B^v' Sway to the beat of Ying Yang &f Heatwaves! They're NEW They're HOT They're our LATEST SENSATIONS! Alternating with Heatwaves, Ying Yang brings you hot numbers to keep you moving all night! It's Cambean Plite every night till 31 Dec 90. Plaza Hotel Q DIA/fIV *MM*(OtOUMF(I
      242 words
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      Page 14 Advertisements Column 4
      336 14 Jtf DAILY AT PINE COU^H||B ■it You II enjoy our delicious selection i of authentic Beijing Dian Xin served EH^^B| amidst the splendour of an Imperial j Court May we expect you today? f From noon to 2.30 pm. QXTT f I Ala carte menu available. m£ hvi k. ///>-"
      336 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      742 14 TELEVISION AND RADIO r I f* "I 1 cono grandaunl, a Og-year-old foi- kcJßillionairc. I BUSINESS ON RADIO I ZX I ODCI* mcr schoolteacher, comes for 5.25 Gaiking. X IIC llllctl rOUnU 7.25 P* As... C.1t.r.1 TV Im BBC, 89.9 *In VHF Band II change Programme Tradi- of days gone
      742 words
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  • LIFESTYLE
    • Article, Illustration
      The drama of redemption
      812 15  -  Janet Maslin finds out what it means when a Mafia family regrets the sins of its Godfathers Janet Maslin THE valid and deeply moving continuation of the Carleone family saga. The Godfather Part 111. daringly holds forth the possibility of redemption. For Michael Corleone, now a
      812 words
    • Article, Illustration
      Usher in the New Year with golden oldies
      457 15  -  David Chew talks about Brian Hyland. an ex-teen idol who made popular such memorable songs as Itsy Bitsy Teenie Weenie Yellow Polka Dot Bikini and Sealed with a Kiss David Chew Remember the bouncy tempo of Itsy Bitsy Teenie Weenie Yellow Polka
      457 words
    • Article
      Prison inmates' deadly creativity on display
      284 15 CHATTERBOX THEY'RE not exactly art, but there is a certain creativity in the items on display at Carla's Sandwich Shop, just outside the gates of Florida State Prison. The collection, confiscated from inmates by many of the shop's customers, ranges from a felt-tip pen
      284 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      298 15 AND ENTERTAIN j High Fashion At Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. Jk ANA HOTEL lb NASSIM Hill- SINGAPORE 1023. TEL: 732 1222. SINGAPORE B NewYeargoodies LjMRI at New Park pfljjfk
      298 words
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      Page 15 Advertisements Column 2
      228 15 With Snake Soups, Crispy Padi Birds, Airfloum "Live" Giant Scallops, Geoduck Clams, Braised Eels, Steamed "Live" Frogs and many more. Only at CHINA CHINA RESTAURANT From now till end January 1991 CHINA CHINA RESTAURANT MARINA BAY GOLF ft COUNTRY CLUB 6 MARINA GREEN SINGAPORE 0101. FOR RESERVATIONS PLEASE CALL *****11.
      228 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Window-dressing props up share prices
      4327 16  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market yesterday finished marginally higher on gains made by indexlinked blue chips and some windowdressing, as the year draws to a close. With trading volume remaining almost unchanged from Wednesday at a dismal 17.4 million
      4,327 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4052 17 Main Board H Msia 800 50 6.7% OUE 535 +35 +7.0% SPC Foreign 280 +24 +9.4% C Properties 600 20 3.4% Apollo 195 +16 +8.9% NatSteel 760 +15 2.0% Jurong Ship50* 565 +15 +2.7% SIA Foreign 1320 +10 +0.8% DBS Foreign 1080 +10 0.9% DBS
    4,052 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      184 18 Compiny Dtti Yur Group Nft Not ovnliigs Cross sun to profit/loss (L) por share dWkfcnd ('000) (coats) Cerebos Dec 14 Jul 90 $38,911(533.777) 12 6(11 3a) 20TEa(9TEa) L&M Dec 13 Jun 90 $1,418($452) 4 3(15) 2(1) Wing Tai Dec 11 Jun 90 $9.458($19.684) 5.4(12.3) 16(16) Pan Pacific Dec
      184 words
    • Article
      PRELIMINARY RESULTS
      96 18 Company Data Yaar Group pro-tax H«t Mr«i«ss ann to profit/loss <L) P« dhfWwl ('000) (ca«ts) KL Kepong Oec 24 Sep 90 M«4.804($171,980) 148(301) 15(17.5) TDM Dec 21 Dec 89 MJ210($4,474l) 7" Tri rw i<» Seo 90 $2 7451(511.287) —(14 7) 12 5TE(25TE) Wearies Dec 19 Sep 90 $52.097(J43.112)
      96 words
    • Article
      DIVIDENDS ANNOUNCED
      813 18 Current Ex Books Date Total tor Total tor payment date cJom payable the year last yMr WS8 10% (b) Jan 4 Jan 18 Jan 28 10* 12* Amp NYA Dec 14 lan 3 Feb 15 NYA Ami Steel 126*(b) Nov 29 Dec 13 Jan 21 116% 8*TE Amtat
      813 words
    • Article
      INTERIM RESULTS
      254 18 Co—» Data Half-year Groap pre-tax Interim ana to proftt/k»» (L) dhridaad (*000) AJex Hldgs Dec 26 Sep 90 11.4461(1257) -<-) Metatock Dec 24 Sep 90 $3,938($2.912) Hai Sun Hup Dec 21 Sep 90 $11,402(57,865) M Credit Dec 21 Sep 90 $8,090(13,265) TQM Dec 21 tun 90 M$1.117L($217) -<-)
      254 words
    • Article
      CORPORATE DEVELOPMENTS
      364 18 SSnWito BM has changed its nam. to PI Oev.loeni.nt Holdings Bhd nth has tied op M> Contention to buUd a «Ks3m otoch.nt.cal C taLtriw has acqu.red a strategic stake in Malaysian Helicopter Services 55?IKSSHi sett its remaining 891% stake «2 «."3Sn q i r/vmnncino AS ?fim shares in
      364 words
    • Article
      RESULTS DUE
      534 18 Singapore Stocks r___ Pmd Date tor &0 «x»«d P«* tut r** (SW) SMSU IS Z* E# ij! iSS Si Sr* F« o«» s»» 0. saw Van der Horrt Fral Dec 29 Sep 90 3.3 1.902 BMT Intenm tan 10 Am 91 254 2 1500 rr s? s» s
      534 words
    • Article
      APPROVED ISSUES
      204 18 Company Right* Issue CjuMwiy to Three-tor tour JO 60 per share b-datf Dec 10 Books dose: Dec 20 Acceptance Payment Feb 1 CAM Fiw-tor-tour (a MJA 00 per share Ei-date Nov 23 Boohs dose Dec 7 Acceptance Payment tan 22 tmtti One-for-one M$100 per share Ei-date Nov 5
      204 words
    • Article
      PROPOSED ISSUES
      318 18 Company Rights Issue Not One-tor-two g, MSI 00 per share Issue of 40m CumUative Redeemable Preference Stares ol M$0 10 each at MSI per share with 10m detachable TSR Bdton One-tor tour fe MS2 00 per share PUCE Capital Reduction Scheme to reduce par value ot shares from
      318 words
    • Article
      BONDS, LOANS & WARRANTS
      671 18 BONDS, LOANS WARRANTS Cngaay C—vnton pm*4 Cwwilw tana tm «a« y atara CtC Nt Before 26/4/93 1 warart P*us $3 09 cash Camaway Loan m 2/16/19 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant pte $0.77 nominal amount of loan stock Chuan Ity Nates Quar fftv Nt
      671 words
    • Article
      RECORD HIGHS & LOWS
      135 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 hftv 1435 43 (16/7/90) 1990 hijh: 1607.12 (27/3/90) SJ?" 981 07 09/11/90) 1079 50 <"/W/») «9Mt 1322 00 28/12/89) *****6 JSSf ***** (4 1/89 1030 69 l/89 > 988 Mc 1043 86 8/8/88) 1177 7 < 8 W®> ***** 4/1/88
      135 words
    • Article
      COMPANY MEETINGS
      227 18 Chuan Hup Hoidhgs Ltd; 20th AGM at 322 Jalan Ahmad Ibrahim. Singapore 2262 on Friday, Dec 28, at 10am. Stmtm Med hvestments Ltd: 29th AGM at The Tanglm Club, Raffles room. 5 Stevens Road, Singapore 1025 on Friday. Dec 28, at 12 noon. Wine Ta HoWnp Ltd: 26th
      227 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      102 18 Hard times for finance houses Boom days for printers =s «> -V *> 7\ '..A r: .it '|Jff; <-fr r V-;. .*< '-m r. ■dEJ^s, «v V m fc. «f fC r. i A I Kf gw £»i r ublic's new-found prominence as an H-' 5*2 I? nergy trading bub
      102 words
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      Page 18 Advertisements Column 2
      15 18 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close mixed after listless trading
      3854 19 Bernama SHARE PRICES on the Kuala Lumpur stock market drifted listlessly to close on a mixed note yesterday after going through alternating bouts of selling and bargainhunting. The KLSE Composite Index finished at 500.72, down 1.20 points, while the Industrial Index fell 2.08 points
      Bernama  -  3,854 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      235 19 BUSINESS S TELEPHONE: 730-5937/ 5902/594 2__#_F_A_2(j_M_4— news Accountant I Sales Marketing Han- I ager Regional Training I p n 11 9 N a val rrHi« J Plfifi cy i ffliiiPP\ |i |i Q(i(i nanaqvr vnciiiicQi i Pi%4#i 11 MflflflflOf I I* v n Computer Science or Statistics graduate wanted to
      235 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market fails to break 24,000-point barrier
      2182 20 Reuter TOKYO stocks closed firmer in light trade yesterday after a short-lived afternoon rally faded on profit-taking and jitters over the Gulf. The benchmark rose over 300 points to more than 24,000 at one point on a buying spree by investment trusts setting up
      Reuter  -  2,182 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Window-dressing nudges prices higher
      1821 20 Reuter HONGKONG stocks closed slightly firmer in uninspired, directionless trade yesterday, brokers said. "Volume is very low," a broker at a British securities house said. "There's some windowdressing going on, but very little else, he said. Brokers said light window-dressing could boost share prices further on
      Reuter  -  1,821 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Book-squaring helps lift Australian shares
      • Article
        SYDNEY
        970 21 BARGAIN-HUNTING by small investors in depressed media and banking stocks combined with end-of-year booksquaring to help shake the Australian share market out of its doldrums and push it to a higher close yesterday. The All-ordinaries index finished 9.5 points higher at 1280.4. Brokers say institutions, reluctant to take new
        970 words
      • Article
        NEW ZEALAND
        144 21 NEW ZEALAND shares were little changed at the end of quiet holiday-af-fected trade yesterday, with brokers expecting a slight firming for 1990's last trading day today. The Barclays index ended up 0.40 points at 1,196.47. Volume was just 4.89 million shares worth $4.99 million. "The tone was slightly
        144 words
      • Article
        BANGKOK
        609 21 THAI stocks firmed slightly in listless trading yesterday, brokers said. The SET index inched up by 2.93 points to 603.81 and gains outpaced declining issues by a two to one margin. Turnover amounted to a meagre 1.57 billion baht. Many investors were on holiday. "There's nothing exciting happening. People
        609 words
      • Article
        TAIPEI
        413 21 TAIWANESE stocks jumped at the opening and ended sharply higher on the last trading day of the year as market sentiment was optimistic, brokers said yesterday. The weighted index finished 250.83 points or 5.9 per cent higher at 4,530.16 compared with Wednesday's 4,279.33. Turnover rose to NT$5O.9 billion from
        413 words
      • Article
        MANILA
        503 21 PHILIPPINE shares slid yesterday on growing market caution about the Jan 15 deadline for Iraq to withdraw from Kuwait, brokers said. Traders welcomed another oil find this week off Palawan island in the southwestern Philippines near the site of a productive well discovered just three weeks ago, but fear
        503 words
      • Article
        JAKARTA
        581 21 THE Jakarta stock market index rose 6.77 points to 410.61 yesterday, but turnover fell to 1.02 million shares from Wednesday's 7.65 million. The most active stocks in the regular market were nickel company Inco, with 225,500 shares traded, and cigarette firm Sampoerna, with 220,500 shares changing hands. Inco closed
        581 words
      • Article
        Untitled
        1244 21 Close Previous Dec 27 SYDNEY All Ordinaries Index 1280 4 1,270.9 +9.5 All Industrials Index 1951.3 1,935.1 +16.2 All Resources Index 763.6 759.71 +4.5 Turnover (million) 56.64 57.25 -0.61 BANGKOK SET Index 603 81 600 88 +2.93 Turnover (million) 1.57 NA JAKARTA Composite Index 410.61 403.84 +6.77 MANILA Composite Index
        1,244 words
  • Page 21 Advertisements
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  • WORLD STOCK MARKETS
    • New York stocks hitch a ride from bonds
      • Article, Illustration
        NEW YORK
        830 22 SHARE PRICES were firm on the New York Stock Exchange on Wednesday although trading was lacklustre with many investors extending their Christmas holiday break. Share prices, said analysts, took their cue from the bond market where prices were also up. The Dow Jones average of 30-lead-ing industrials posted
        830 words
      • Article, Illustration
        LONDON
        702 22 BRITISH share prices closed lower in thin Christmas Eve dealings on Monday as further Middle East war talk weakened the market. At the 1230 GMT close of business, the broad-based Financial Times-Stock Exchange 100-share index was down 8.1 points at 2,156.3. The narrower Financial Times 30share index closed down
        702 words
      • Article
        AMSTERDAM
        399 22 DUTCH shares were barely changed yesterday morning as trading resumed after a two-day Christmas break. At 0940 GMT the CBS trend index stood at 94.0, unchanged compared with Monday's close. The volume of trading in Dutch shares shrank to just 74 million guilders on Monday during a shortened Christmas
        399 words
      • Article
        PARIS
        246 22 FRENCH share prices bounced higher yesterday in a correction to Wednesday's steep futures-related fall, traders said. The CAC-40 index was up 18.04 points at 1,554.93 at 0918 GMT. The index had fallen 27.08 points to 1,536.89 on Wednesday as a wave of futures-related selling hit the market in the
        246 words
      • Article
        FRANKFURT
        234 22 GERMAN shares were steady to slightly firmer in quiet pre-bourse trade yesterday, and prices are expected to trade within a narrow range. Traders said prices were underpinned by the 0.6 per cent increase in share prices on Wall Street on Wednesday and the 0.2 per cent rise in Tokyo
        234 words
      • Article
        STOCKHOLM
        141 22 SHARES on the Stockholm bourse fell in quiet early trading yesterday on nervousness over the Gulf and pessimism over political developments in the Soviet Union. "Large uncertainty prevails over foreign politics," a market participant said. "Developments in the Middle East have become more tense. At the same time signals
        141 words
      • Article
        JOHANNESBURG
        343 22 JOHANNESBURG gold share prices opened quietly higher in thin trading yesterday as the bullion price traded at around US$3B4 an ounce, dealers said. Gold share Kloof rose 25 cents to 29.75 rand while Randfontein gained 50 cents at 15 rand. Libanon eased five cents to 2.35 rand. In diamonds,
        343 words
      • Article
        TORONTO
        227 22 TORONTO stocks ended a short session mixed on a lack of news on a quiet Christmas Eve. "There was no news and no direction. Stocks were mixed with a bias slightly toward the downside," said Fred Ketchen, chief trader at ScotiaMcLeod Inc. The composite index slipped 4.67 to 3,239.13.
        227 words
      • Article
        MILAN
        190 22 ITALIAN stocks maintained opening gains at the closing in a brief trading session yesterday with thin volume estimated below 100 billion lire, brokers said. The MIB index climbed six points, or 0.8 per cent, to close at 754. The index reduced its gains to 0.5 per cent in unofficial
        190 words
      • Article
        ZURICH
        276 22 SWISS shares opened little changed yesterday on light volume with many investors and traders absent for Christmas and New Year holidays, dealers said. The SMI index of leading shares edged down 2.7 points to 1,384.7 in the first 30 minutes. Traders said the markei_ignored_ gains in New York and
        276 words
      • Article
        BRUSSELS
        175 22 BELGIAN shares were mixed to easier in very quiet trade yesterday as the Brussels bourse resumed business after a two-day break for Christmas. "It's flat calm. I've never known it this quiet," one dealer said. Many operators were still away, while those present were reluctant to take new positions
        175 words
      • Article
        Untitled
        80 22 Dcc 26 Close Previous NEW YORK Dow Jones 2,637.13 2,621.29 +15 84 NYSE Fmancwl 123.23 123.64 -.41 SAP 500 330.85 331.75 -0.9 Turnover (million) 79 235 -156 Dcc 21 Close Previous LONDON Financial Times 30 1,688.4 1,687.2 FTSE 100 2.164.4 2,158.8 +5.6 Turnover (million) 526.7 590.2 -63.5 AMSTERDAM CBS Tendency
        80 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Pakistan plans secondary market in govt debt
      452 23 Reuter PAKISTAN aims to set up a secondary market in government debt and completely replace its current system of controlling money supply, a senior central bank ofFicial said. State Bank of Pakistan executive director Sibghatullah said the plan, which will take at least
      Reuter  -  452 words
    • Article
      Thai interest rates forecast to fall in second quarter of next year
      648 23 THE Bank of Thailand has predicted that interest rates will start declining in the second quarter of next year, The Nation reports. Siri Ganjarerndee, director of the Bank of Thailand's research and planning department, said tight monetary measures
      648 words
    • Article
      INTERBANK FOREX RATES
      384 23 Cross rates p^? USS SS MS Dm Yen SFr AS NZS USS 1.7540 2.7235 1.5385 136.80 0.5325 1.3120 1.3012 1.7079 SS 0.5701 1.5527 0.8771 0.7799 0.3036 0.7480 0.7419 0.9737 MS 0.3672 64.40 0.5649 0.5023 0.1955 0.4817 0.4778 0.6271 Dm 0.6500 1.1401 1.7702 88.92 0.3461 0.8528 0.8458 1.1101
      384 words
    • Article
      MONEY MARKET
      554 23 Dec 27 US$ Bid Offer 7 days 14 16 1 mth 9 9/16 9 11/16 3 mth 8 3/8 8 1/2 6 mth 7 13/16 7 15/16 12 mth 7 3/4 7 7/8 Bid Offer 7 days 14 1/4 14 1/2 1 mth 14 1/8 14 1/4 3
      554 words
    • Article
      Lock icon Greenback slightly firmer against most currencies in cautious trade
      678 23 REPORTS Reuter THE US dollar yesterday opened in Frankfurt slightly above Wednesday's European closing levels after ending little changed against most currencies in Tokyo earlier, and mixed in New York on Wednesday. Little movement was expected for the rest of yesterday
      Reuter  -  678 words
    • Article
      FINANCIAL FUTURES
      1119 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol 5 Mar 91 92.74 9175 9172 92/74 64<X) ***** ***** Jun 91 92.82 92.83 92.81 92.83 1650 8046 2920 f Sep 91 92.72 92.73 92.71 92.73 400 3201 84 j Dec 91 92.42 92.42 92.40 92.41 375 3460
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  • COMMODITIES
    • Article
      Lock icon Green light for PNG oil field set to spark exploration boom
      426 24 IHT RECENT APPROVAL by the government of Papua New Guinea for the development of the country's first commercial oil field at a cost of US$l billion will encourage an exploration boom, say analysts. The granting of licences to pipe
      IHT  -  426 words
    • Article
      Thai palm oil output likely to be hit by bad weather
      300 24 BAD WEATHER is likely to affect Thailand's palm oil output next year, the Bangkok Post reported on Tuesday. The Post quoted the deputy managing director of Thaimex Industry Co, Mr Kovit Pompattana-nangkul, as saying that it was likely that
      300 words
    • Article
      Tin recovers eight sen to finish at M$14.99
      865 24 REPORTS THE TIN price on the Kuala Lumpur Tin Market rebounded slightly yesterday as the weakening of the ringgit against the US dollar prompted some renewed buying interest among market players. The metal rose eight sen to M$ 14.99 per kg against
      865 words
  • Article
    PRICES
    1138 24 Rubber Dec 27 KAS (♦»> hi S cents/kg Noon Close Int I RSS Prompt 153.50/154.50N 154.00/155.00 Int I RSS Jan 91 152.75/153.75 153.25/154 25N Int I RSS Feb 153.7V154.25 154.25/154.75N Int 2 RSS OP 151.00/153.00N 151.5Q/153.50N Int 3 RSS OP 146.00/148.00N 146.50/148.50N Int 4 RSS OP 141.50/143 50N 142.00/144.00N
    1,138 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      839 24 NOTICES M THE MATTER OF THE COMPANIES ACT, CHAPTER 50, AND M THE MATTER OF HYWELLIN TRADING PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the members of Hywellln Trading Pte Ltd convened and held at #33-14 International Plaza, 10 Anson Road, Singapore 0207 on
      839 words
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      Page 24 Advertisements Column 2
      775 24 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF VESTAMORE PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 63 Robinson Road, #07-05 Afro-Asia Building, Singapore 0106 on Saturday,
      775 words
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      Page 24 Advertisements Column 3
      7 24 Executive Jobs every Saturday in Business Times
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      Page 24 Advertisements Column 4
      15 24 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1083 25 City Flight ETA Flight ETD Aba Dhabi GA894 SRI 87 GA890 GA970 0010 0135 2225 2335 SQ227 2130 In RJ182 1445 Amsterdam KL835 1505 KL836 SQ24 GA890 0650 2215 2225 Athens Auckland Bahrain Balikpapan SQ45 NZ35 SQ338 BA12 TK572 SQ24 BA1 1 SQ325 NZ36 TK573 GA524
      1,083 words
    • Article, Illustration
      In search of the Alsatian miracle
      603 25  -  POSTCARD FROM FRANCE By Tom Mashberg A DECADE AGO, France's smallest region, Alsace, was also one of its most faded. Today, the Alsatian economy is booming, a mix of old-style agriculture and modern industry, of small business and foreign enterprise spewing out goods that
      603 words
    • Article
      MONEY CHANGER RATES
      150 25 As at 3pm yesterday: Local dollars to one unit -of foreign currency Currencies Bid Offer Australian dollar 1.3430 1.3630 Canadian dollar 1.4950 1.5250 NZ dollar 1.0150 1.0450 Sterling pound 3.2800 3.300 US dollar 1.7520 1.7600 Local dollars to 100 units of foreign currency Austrian schilling 15.80 16.80
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      110 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Jan 19-27 International Exhibition For Caravaning. Germany Stuttgart er Messe Urvd Kongress (46)711/2589-0 Feb 7-12 International Toy Fair Valencia, Spain Feria Muestrario International De Valencia ********** Motoring, Tourism Feb 9-17 International Hamburg Hamburg Messe *****569-0 Jan 21-24
      110 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      274 25 CRYPTIC CROSSWORD ACROSS 1 Reverse a short distance behind the house<8) 5 Strike a female swimmer(6) 9 Failed to win a point with the lady of his dreams(4,4) 11 It is needed to open war manoeuvres by the beginning of the year(8) 12 He had consumed alcohol, but is no
      274 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      213 25 Singapore Outlook: Fair and windy with showers over a few areas in the afternoon. Forecast Maximum temperature 31.5"C Assoc humidity 60% Minimum temperature 24.0"C Assoc humidity 94% Hours of sunshine 11.25 Rainfall in mm Nil Rainfall this month 201.1 Rainy days this month 15 World report Asia-Pacific Hi/I.©* Cood. Auckland
      213 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      27 25 hou> Ruu>*ys wold Atul-nj p, ,t>\ I IT'S THC r.RM'S r*i T X/ DINN££ P\ND DANCe V \r T V J/ EVENING STANOAHO CO LTO tXk»"» 8535
      27 words
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  • Article, Illustration
    Saddam may take the offensive before Jan 15
    421 26 The Gulf Crisis SADDAM HUSSEIN could attack allied forces in the Gulf before the Jan 15 deadline for him to quit Kuwait, Britain's Gulf commander said on Wednesday. Lieutenant-General Sir Peter de la Billiere, commander of British forces in the Middle East,
    421 words
  • Article
    Lock icon Million$ visas for HK immigrants
    160 26 UPI THE US consulate in Hongkong advised impatient millionaires yesterday how to start lining up to receive immigrant visas to the US in return for US$l million investment in American ventures. The trade-off policy became effective in November and applied not only to potential Hongkong
    UPI  -  160 words
  • Article
    Lock icon Moscow in oil tie-up talks with Hanoi, Mobil
    279 26 Reuter THE Soviet Union, which will shift its trade relationship with Vietnam on to a free market basis in 1991, would welcome a joint oil exploration and production venture there with a US company, Moscow's ambassador to Hanoi said on yesterday. Mobil
    Reuter  -  279 words
  • Article
    Lock icon Taipei passes bill to open stock market to foreigners
    247 26 Reuter TAIWAN'S Cabinet has approved a long-awaited bill which will open the island's volatile stock market to foreign institutional investors, a spokesman said yesterday. The announcement, the second phase of a cautious plan to fully internationalise the stock market, caps a
    Reuter  -  247 words
  • Article
    Telecom, Steamers fail to secure HK project
    309 26  -  From Catherine Ong in HONGKONG SINGAPORE Telecom and Steamers Maritime have failed in their joint bid for a HKS3OO million cordless telephone project in Hongkong. Four of the seven bidders shortlisted were: the Chevalier (Telepoint), Hongkong CSL, Hutchison Paging and Personal Communications consortiums.
    309 words
  • Article, Illustration
    Lock icon Roh's top aide becomes PM in major reshuffle
    457 26 Reuter SOUTH KOREAN President Roh Tae-woo named a top aide as his new prime minister yesterday in a major cabinet reshuffle designed to bolster flagging public confidence in his leadership. The opposition immediately attacked the shake-up, involving 10 ministers, saying some of
    Reuter  -  457 words
  • Article
    Lock icon Gorbachev's nominee confirmed as VP
    160 26 AFP GENNADY Yanayev, a former trade union leader and long-time Communist Party apparachik, was elected Soviet vice-president by parliament yesterday, a member of the electoral commission said. The 53-year-old Mr Yanayev, whose name was put forward by President Mikhail Gorbachev, won election in a second
    AFP  -  160 words
  • Article
    Pico director on charge of making false declaration
    317 26 IN WHAT is believed to be < the first case of its kind in Singapore, a director of Pico I Art International, Chia Siong Lim, was yesterday charged in the Subordinate Courts I with making a false declaration in an application for
    317 words
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  • Shipping Times
    • Article, Illustration
      Phoenix Offshore to offer harbour cruises
      498 27  -  By Rahita Elias SINGAPORE-BASED Phoenix Offshore will sail into the world of luxury harbour cruises in March, prompted by the market's "tremendous potential". The company's "next step" would be to start ocean cruises in three or four years to regional spots such as the
      498 words
    • Article
      Lock icon Wallem Shipping plans to open office in Ho Chi Minh
      199 27 Lloyd's List HONGKONG-BASED Wallem Shipping plans to establish an office in Ho Chi Minh City by the middle of next year to act as agent for Vietnam's biggest shipping company. The UK-owned group caters for cargo in Vietnamese trade through
      Lloyd's List  -  199 words
    • Article
      Lock icon Mazda to expand maintenance services in East bloc nations
      185 27 Reuter MAZDA Motor Corp will increase its maintenance service stations in Eastern European countries, a spokesman said yesterday. Mazda, owned 24 per cent by Ford Motor Co, plans to increase such service stations in Poland to 15 from a current eight.
      Reuter  -  185 words
    • Article
      Lock icon Hitachi Zosen to restructure
      147 27 UPI MAJOR Japanese shipbuilding company Hitachi Zosen Corp has announced a restructuring programme, including diversification and gradual downscaling of shipbuilding operations, for its growth in the 21st century. The company, which faces financial difficulties, is under reconstruction with the aid of major investors Sanwa Bank and
      UPI  -  147 words
    • Article
      Advice on transhipment centres
      487 27 SOME basic advice for developing countries hoping to set up transhipment centres in their ports has been developed by the United Nations Conference on Trade and Development. The Geneva-based organisation, which operates a ports section as part of its Shipping Division, completed work on a study
      487 words
    • Article
      Keppel Distripark gets green light from PSA
      337 27  -  By Selva Kumar THE Keppel Distripark project is finally going ahead next year after hanging in the balance for some six months. The Port of Singapore Authority (PSA) received the green light for the warehousing and distribution centre from the Urban Redevelopment Authority
      337 words
    • Article
      Lock icon TSA planning rates increase, studying further capacity cuts
      312 27 Lloyd's List THE Transpacific Stabilisation Agreement (TSA) plans an increase in rates and is considering further capacity cuts in the light of continuing severe trading conditions. TSA wants to implement a general rate increase (GRI) for both tariffs and service contracts on
      Lloyd's List  -  312 words
    • NEWS SUMMARY
      • Article
        Earnings from the Gulf crisis
        42 27 TO SUPPORT the rapid American military buildup in the Persian Gulf, the Defence Department has been paying high prices to charter vessels and book space aboard regularly scheduled freighters sometimes twice the standard commercial rate. Page 2
        42 words
      • Article
        Expected clash over cabotage
        25 27 THE GREEK government appears to be on a collision course with the European Commission over the question of cabotage Page 2
        25 words
      • Article
        US shipbuilders seeking sanctions
        35 27 US SHIPBUILDERS are to press Congress to approve legislation allowing sanctions against foreign ships built with subsidy following the European Community's decision to permit 13 per cent shipbuilding subsidies Back Page
        35 words
      • Article
        Icahn asked to restate takeover terms
        43 27 THE management of Pan American World Airways on Wednesday sent a letter to Carl Icahn, chairman of Trans World Airlines, seeking to clarify whether he was still willing to pursue his US$375 million takeover offer Back Page
        43 words
      • Article
        US gives Gulf supply operation data
        40 27 MORE than 200 US ships have unloaded in Saudi ports and 8.500 flights have brought in supplies and troops since the Gulf crisis began five months ago, a US Army logistician said Back Page
        40 words
    • LOG BOOK
      • Article
        Jurong Shipyard wins Mobil contracts
        60 28 LEADING Singapore shipyard Jurong Shipyard and its counterpart across the Causeway, Malaysia Shipyard and Engineering, have been awarded the bulk of Mobil Shipping and Transportation's planned major shipyard overhauls for the second year running. The contracts, costing over $75 million, cover a minimum of nine
        60 words
      • Article
        Suez Canal security checks
        54 28 ALL SHIPS entering the Suez Canal are being boarded and searched as part of stepped up security against a possible Iraqi attempt to block the waterway, the canal's top official said. Mohammed Ezzat Adel, chairman of the Suez Canal Authority, said foreign security services are cooperating
        54 words
      • Article
        Greater USIA control
        44 28 THE UNITED STATES Information Agency has taken over important operations of the Voice of America, assuming its budget authority and personnel and public affairs operations. The USIA is the parent organisation of the Voice, but the latter had enjoyed considerable autonomy.
        44 words
      • Article
        Hidden pitfall for US buyers
        56 28 A HIDDEN regulatory pitfall may await the US buyers in the Mexican government's recent sale of the controlling stake in the country's telephone company. The US Federal Communications Commission is considering regulatory changes that could sharply curtail Telefonos de Mexico's most profitable business, the handling
        56 words
      • Article
        Eastern wins US govt contract
        59 28 EASTERN Airlines has been given a US government contract worth up to an estimated US$lOO million to carry federal employees travelling on business in 1991. Financially troubled Eastern was "pleased that the government recognises our fine record in providing safe, reliable transportation at a good
        59 words
      • Article
        Iraqi ship carrying civilians
        34 28 AN IRAQI-FLAGGED cargo ship diverted in the Gulf on Wednesday by multinational forces after a "scuffle" with the crew was carrying civilians on a peace mission, US military officials said.
        34 words
      • Article
        Rover Japan's car sales double
        54 28 ROVER Japan Ltd, the Japanese subsidiary of British Aerospace pic's Rover Group Ltd, estimated its car sales in Japan at 36,000 by 1995, double those in 1990, a company spokeswoman said. Rover Japan estimated its sales at 18,000 cars in 1990, up 30 per cent
        54 words
      • Article
        Japanese vehicle exports
        44 28 JAPAN'S November vehicle exports rose 2.8 per cent from a year earlier to 469,050, the Japan Automobile Manufacturers Association said. November exports were down 8.8 per cent from 514,581 in October when they rose 11.2 per cent from a year earlier.
        44 words
    • Article
      Lock icon Greece likely to clash with EC over cabotage
      263 28 Lloyd's List THE GREEK government appears to be on a collision course with the European Commission over the question of cabotage. The government does not consider the decision on the liberalisation of cabotage, taken at the EC Council of Transport Ministers in
      Lloyd's List  -  263 words
    • Article, Illustration
      Lock icon Shipping firms paid very well for moving US military to Gulf
      1436 28  -  The crisis in the Gulf is earning shipping companies good money, with the US government paying high prices to charter vessels and book space aboard regularly scheduled freighters. Keith Bradsher has the details. Keith Bradsher NYT TO SUPPORT the
      NYT  -  1,436 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      528 28 OenstyWater II Ash Ai umnim Sedmnt OcmityWater II Ash AI umrium Sedmnt KG/M*31 V/V MM 1 MM PPM M/M Exxon method KG/M«3% V/V M/M M/M PPM M/M Exxon method ISO/Cmac hnrti Spec E25 Spec G35 ***** ***** 150 180 m 30* 30* 010* 010' Eastern USA
      528 words
    • Article
      THE SHIPPING GUIDE
      14211 36 This is a list of ships loading Rheii at Singapore for ports around the world. It tabulates, by Ever destination, the name of the Lausi ship, the shipping line in- j^ 2 j volved and the estimated 25(F dates of arrival and departure ooc from the Port
      14,211 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        623 43 Vessel toy No Bartti Armal Dwtvt Vend toy No Berth Arrival Departs™ irf 1 UJ1. IV6QP64 nnirVW Andaman Pees 15/90 (P) K29 alongside 27 12/1400 Borussia 01A20 K33 alongside 28.12/1200 Koto Benar E-878 K31 alongside 30.12/2300 Koto Beran E-879 K32 alongside 30.12/1800 MasasNma M 1A K34 alongside
        623 words
      • Article
        CONTAINER SCHEDULE
        1143 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bootaf/Batance Rsfts Ship Voy No Etb/Btr Period From To From 'M ShamaJi 76A 29/0700 1 27/1500 27/1659 27/1900 3 28/0700 28/1159 28/1100 AnAdria.de ***** 28/1630 1 27/1500 27/1659 27/1900 toon *****N 29/0700 1 27/1500 27/1659 27/1900 3 28/0700 28/1159
        1,143 words
      • Article
        IN MALAYSIAN PORTS
        372 43 Port Klang Berth it South Port on Dec 26: 1: Golden World; 2: Hoegh Drake; 3: Alam Aman; 4: KD Indrasakti, 5: ml; 6: Lucoma; 7: Budder; 7A: Hong Leong; APC: Petro Niaga KCT: 8: Bunga Dahlia; 9: Alsia; 10: Ned Rochester North Port: 11: Asian Star;
        372 words
    • Article
      Lock icon WEEKLY FREIGHTS
      556 43 AFP DRY CARGO rates showed little change over the past week, in quiet and hesitant trading in the run-up to Christmas, traders said. The BIFFEX (Baltic International Freight Futures Exchange) index traded narrowly and ended the week eight points up at 1449. Traders were preoccupied mainly with the
      AFP  -  556 words
    • Article
      TRANSPORT DIARY
      355 43 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 APEX
      355 words
    • Article, Illustration
      Lock icon US yards seek sanctions against foreign ships built with aid
      420 44 Lloyd's List US SHIPBUILDERS are to press Congress to approve legislation allowing sanctions against foreign ships built with subsidy following the European Community's decision to permit 13 per cent shipbuilding subsidies. Shipbuilder's Council of America (SAC) president John Stocker said
      Lloyd's List  -  420 words
    • Article
      Lock icon US gives data on Gulf supply operation
      202 44 AFP MORE than 200 US ships have unloaded in Saudi ports and 8,500 flights have brought in supplies and troops since the Gulf crisis began five months ago, a US Army logistician said on Wednesday. There have also been more than 6,000 local
      AFP  -  202 words
    • Article
      Lock icon PanAm asks Icahn to restate takeover terms
      343 44 NYT FOR PanAm and TWA, the chess game continues. The management of Pan American World Airways on Wednesday sent a letter to Carl Icahn, chairman of Trans World Airlines, seeking to clarify whether he was still willing to pursue his US$375 million takeover
      NYT  -  343 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      225 27 SSWEE HtNG METAL CO PTE LTD 13. TU AS Ave 14. SINGAPORE 2263 TELE* US ***** 3MMCPL TEL: 861 5855 (5 hn**) TEIEFAI 861 2W6 A\ iK FuN'«ng«o( bHI ACINI H* *V£vf?'l I lh% 1 rttjj II I I tin larw>»M unn«* MMML Totqu* sir«:*roiir malahma Convailor imaiiamo. PWOMfXI* Dmmi
      225 words
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      Page 28 Advertisements Column 1
      167 28 NOTICE H»» TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 "Wf w w T <__, MALAYSIA HARPER WIRA SDN BHD y I K TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 ■MB KAWASAKI KIStN KAISHA, LTD. INDONESIA P. T SARANA LAUT INTERNUSA. TEL JKT *****76. *****77. *****08 "K" LINE, WHO SERVES
      167 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2112 29 JAROINE SHIPPING AGENCIES %«VIV# 200 Cantonment Road #12 05 Southpoint, Singapore 0208 \lllf/ Tei *****11 telex no rs 241/9 wfirnii terminal/cfs th *****18 220 PBcoSflj BOOKINGS Tel *****34 235 L VyCQf J HSAKA JAROINE SHIPPING AGENCIES PORT KEIANG TEL *****18 MA*****;MA3970l PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6
      2,112 words
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      Page 29 Advertisements Column 2
      848 29 INDEX TO ADVERTISERS ABC Containerline Accord Group AFS Ahrenkiel Liner Albatros Sea-Air Alfred C Toepfer Anns APL A. P.O. Lines Arrow Lines Arimura Line A c Warehousing ASXCL Shpg Atlas Lines ASCL ANL Bait Canada Line Bait Orient Line Bangladesh Shpg The Bank Line BBS Ben Line Cont Bengal Tiger
      848 words
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      Page 29 Advertisements Column 3
      2215 29 ■wismagaima LAST SAILING THIS YEAR TO USA NEPTUNE IVORY VS4N ETA 30/12/90 V«««! Voy ETA I ETO 'Port "Penang DESTINATIONS Singapore Kelang Thit week NejHune Ivory 54N Feeder by c* 30/12 0300 MPS Farco ft CFS »/12 1900 MRS M Tauro OAK LGB MCKJ MEM ATL MIA CHS BAL PHL
      2,215 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1170 30 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE OSAKA BAY 97/555 30/12 24/1 18/1 20" 23/1 TOLAGA BAY 13/558 31/12 17/1 17/1 22/1 HONG KONG EXPRESS 98/501 3/1 28/1 22/1 24/1 21/1 27/1 CITY OF EDINBURGH 93/503 5/1 22/1 25/1 27/1 TOKtO EXPRESS 97/505 13/1
      1,170 words
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      Page 30 Advertisements Column 2
      558 30 ■■HIHHHIHIHMBSBI&kDBEBHSBHHHB DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 31/12 13/1 15/1 20/1 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA NUKUALOAEA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 31/12 2/2 3/2 6/2 Also accepting Cargo to Callao (Peru) via Valpa Agents: SINGAPORE: *****56
      558 words
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      Page 30 Advertisements Column 3
      1090 30 1 E3 wmAmtM 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 SAMANTHA 9043-3 01/01 21/01 22/01 26/01 27/01 28/01 29/01 30/01 31/01 NORASIA SUSAN 9044-3 06/01 27/01 28/01 02/02 03/02 04/02 05/02 06/02
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      1803 31 ——rr o i iiunj i/* v Miim. t w itf«rv SgSteamers Maritime HoidingsTtd| ITIVSTRAITS SHIPPING! r j Singapore to Btuml, fist Malaysia, I Containers M I #oy Mo P. Klang S pore S'ton H'burg B'haveo R'dam leh ACCEPTS DUE SAILS I OSAKA BAY 97.555 -BSER-23.12 30,12 2401 1801 2001 1601
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      1594 31 TO: EUROPE TO: FAR EAST SPORE M* KAO KOB BU SP IM MOM MAM B HVN BRE FIX HANIIN LE HAVRE OIK 1/1 41 VI »1 11/1 HANUN HAMBURG 004« JO 17 171 141 191 211 21/1 22/1 HANUN fIIEXSTONI 00M 7/1 10(1 11/1 141 12/1 HAn!!n SoTrtROAMiJI7W "l 211
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      428 31 I RO RO SERVICE I I T I I EAST MALAYSIA I I ETA SPORE 29/12/90 j I ETA P. KELANG 30/12/90 J I ETA KUCHING 2/1/91 I ETA KOTA Kl NAB ALU 4/1/91 I M.V. "ORANGE MOON" VOY.B I |IMLINTERMARITIME I I SOUTHERN AFRICA SERVICE I DIRECT MONTHLY SAILINGS
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      615 32 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE i VSI/VOY S PORE ROAM ADAM H BURG BHLMtN ANTMRP i KUTAI7IWB In Port 30/1 <{I I<*2 W MATARAMSWB 29/1 6/3 U/3 15/3 17/3 H H FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement. AI»o accepting cargo to Casablanca, Port
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      769 32 fjj HANJIN SHIPPING Jy FULL CONTAINER SERVICE I S pore |LEH RTM ANR HAM BRV FEL FEEDER VSL SIN LINE HAUL LAX OAK HANJIN HAMBURG IXMW JO. 12 161 1/1 18 1 181 201 211 HANJIN IEHAVREOIIE 1/1 DIIREC T 21/1 24/1 HANJIN ROTTEROAM Olrtf 61 23! 2* 1 2VI
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      Page 32 Advertisements Column 3
      90 32 EUROZONE FREIGHT SERVICES PTE LTD NO MAXWUL «OAO «<2 02 MAXWILL MOUSt SINGAPC** 0108 ret W1T913 LINES) 'A* HJSI n tlx «S J4JOO IM sm Weekly Express FCL LCL CONSOLE SVCS. TO/FROM: TAIWAN HKG BKK USA UK EUROPE Services To: BRUNEI. E. MAIJVYSIA F. EAST PORTS PROVIDE INT'L TRUCKING DOOR
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      Page 32 Advertisements Column 4
      1354 32 4|l J.TJ I PKL SGP HKG KSG KIG PUS HKT OSK SM2 TTO LAX CHS BAI NYC LMV AN* ROM THP MBC SGP I E GROWTH RE 030 2/1 3/1 1/1 *1 11/1 14/1 1«/1 IS/1 20/1 21/1 1/2 11/2 I*2 16/2 26/2 22/2 21/2 1/3 Ig 2W I GARDEN
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      1594 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 2Q02 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.l P (O3) E *****3^ H p O Kclang
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      Page 33 Advertisements Column 2
      1107 33 m smsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4) *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FRO* EASTBOUND LOADING FOR WESTBOUND VESSELS VOYAGE g SPORE [MANILA HKONC VOYAGE sum PKLANC HRURC HAVEN TILBURY
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      Page 34 Advertisements Column 1
      1421 34 K** f JT"" V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) I TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 I M I W\J MALAYSIA HARPER WIRA SON BHD I A TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWAS A K1 KIS EN K AISH A LT
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      Page 34 Advertisements Column 2
      1191 34 ym PHIII-OMCNT UN€S PTC LTD V 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA... SJfajgF WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5Sr 5 JAN MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN
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      1605 35 jiuptiuig iiuirs, r nuav iwremwr «> ijjv PACIFIC INTERNATIONAL LINES (PTE) LTD gg gj Ml PlLB kjifVg 140 Cecil Street iW3-00. SingapOfeQlO^^^^^^^^ 1 JAKARTA ~1 BANGKOK ~~1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN KOTA PAHLAWAN Ot 29/12 1/1 4/1 KOTA RAKYAT 02N 30/12 2/1 7/1 KOTA
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      Page 35 Advertisements Column 2
      1198 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** i EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |vOY SPORE PKLANG S'HAMPTQn]~HAMBURG~[~ BHAVEN R DAM T LHAVRE )saka Bay' 97/555 30/12 23/1 17/1 19/1 16/1 22/1 olaga Bay 13/558 31/12 Via CIT
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      Page 35 Advertisements Column 3
      310 35 M MYANMA |Bk nVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg AVA VIOSW In Port Sailed PINYA VU2W Sailed In Port PAGAN VI6SW 30/1 Jan MYOMAYWA VI3IW 2/5 Jan HPA AN VISBW 4/6 Jan g* THE BANK UNi (A service of Andrew Weir Shipping)
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      802 38 MbM££ F *Mt) INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG ARABIAN StN Wflo3 In Pt 20/1 21/1 23/1 24/1 TNUERINCEN WMIO3 2/1 30/1 21/1 1/2 31/1 27/1 GERMAN SEN WFIO4 S/l 24/1 2S/1 27/1 28/1 HONGKONG SEN WFOS3 6/1 27/1 30/1
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      Page 38 Advertisements Column 2
      807 38 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES 10: EUROPE 5 JAN ft 12 JAN LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRURG MANCHESTER IE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 4/01 11/01 MANILA 5/01 12/01 PENANG 4/01 11/01 BUSAN 5/01 12/01 BANGKOK 1/01 4/01 TOKYO 3/01 HONG KONG 2/01 7/01
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      Page 38 Advertisements Column 3
      316 38 LOADING FOR V(SS(L SPOftt CBO DBN B*I«S MVIOEO *10 STS *11 PAGUA MOSrmtN I Mll »•< 10,4 "I* V »IMI 2 DISCHARGING EM BRAZIL vtsstl SM»E HUG MNL KEE ■><* NGO HOB MOSTWEEN I M I» 11(1 y ***** 1 in 4/1 Regular BBulk and Container Service Direct to Turkey.
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      Page 38 Advertisements Column 4
      1283 38 r fe W CHINA OCEAN SHIPPING COMPANY l-._l-.u- FULL CONTAINER LINER SERVICE #15-00, SINGAPORE 0207 CABLE COSTARLINE I CR NO: **********0 M CABLE COM I General Agents: OOOTAR SHIPPING rit LTD I TO EUROPE FROM EUROPE I VESSEL vor SCF FIX ROT HAM ANT OKK VESSEL/VOY FIX ROT HAM ANT
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      Page 39 Advertisements Column 1
      738 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA All IPI Destns 5/1.11/1 EUROPE all Ports 2/1, 5/1 BANGKOK 2/1, 5/1 HONGKONG/CHINA 4/1, 8/1 SYD, MEL, ADEL, BRIS 3/1, 6/1 FREMANTLE 1/1, 8/1 MANILA 4/1, 11/1 PKLG/PENANG 5/1, 12/1 Port Kelarvg Branch Tel: *****21/2/3 Fax: *****24 Penang Branch
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      252 39 {•5! RICHFIELD MARINE AGENCIES (S) PTE LTD Sf TEL: *****33 (12 Llnaa) rr> FAX: *****15/*****03 QOJ TELEX: RS ***** RISHIP (3 Llnea) \m ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA I LOADING FOR SPORE ABBAY WONZ 27W8 28/01 DARESSALAAM MOMBASA DJIBOUTI ASSAB
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      Page 39 Advertisements Column 3
      856 39 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN DRAGON
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      Page 39 Advertisements Column 4
      583 39 BANGKOK CEBU/MANILA VKS£L _V° Y SINGAPORE BANGKOK [VESSEL fvOY SPORE CEBU MANILA MAHA BHUM# 40N %»t 28/12 Tue 1/1 SO STAR 52S In Port" 3/1 5/1 SIAM PAETRA MN Wed 2/1 Sat 5/1 KITI BHUM 018 4/1 10/1 12/1 JENLINK 38N Thur 3/1 Sun 6/1 SO STAR 02A 11/1 17/1
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      Page 39 Advertisements Column 5
      227 39 WISHES ALL OUR VALUED CUSTOMERS BUSINESS ASSOCIATES AND FRIENDS A HAPPY AND PROSPEROUS YEAR AHEAD! MERAPAC TRAMS P L SPORE TEL 221-tOH TLX RS ***** FAX 220-1020 POSEIDON CONTAINER v Vr.T\ transport gmbh Hamburg GEN AGENTS SOTRA ROUTES THROUGH B/L (VIA SEA TRANSSIBERIA RAIL) TO INLAND DESTINATIONS AFGHANISTAN IRAN EUROPE/EASTBLOC
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      1179 40 MAC-NELS SINGAPORE "POBT TEL *****22 import TEL *****02 TEL. (04) *****6 KK TEL (088) *****0 TAWAU TEL (089) 7786/9 KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 UK-A- llj BAHRU TEL: (07) *****2 SIBU TEL (084) *****2 LABUAN TEL: (087) *****9 TEL (21) *****32 MEDAN TEL:
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      Page 40 Advertisements Column 2
      377 40 BLUE STAR LINE 11 SINGAPORE TO 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 Pt* AUCH IVT PROSPECT 10S 3 Jan 18 Jan Via NPL 20
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      Page 40 Advertisements Column 3
      1364 40 /SPI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINEST" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL jvOT leT> IIEST VESSEL WOT ETA JBT KIM SOON LI 50/90E 29 DEC PENANG JENHOL
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      733 41 COMPANIA PERUANA yhEJI de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msia KAMALEVERETT 02,18 Jan 04,05 Jan THOMASEVERETT 19(20 Jan 21/23 Jan KARABIEVERETT 29/31 Jan 01/03 Feb 05/07
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      Page 41 Advertisements Column 2
      553 41 VSL VOY_ S PORE MAINLINER lAX KST SAV NYC HEX A VESSEL 111 ZIM IBERIA 25/1 3,7 fc? »;7 10,2 LEEWARD i€ S/l 2IM HAIFA 5,2 14/2 1/2 I*2 21/2 ZIM ELAT 6ZE 7/1 ZIM HAIFA ill 14/2 17/2 19 2 21/2 A VESSEL 12/1 2IM HAIFA 5 2 14/2
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      Page 41 Advertisements Column 3
      647 41 Msing kwang hang SHIPPING 4 TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE [VESSEL [S PORE [JAKARTA [SURABAYA I MEKHANIK KURAKO V4IN 27/12 30/12 EQUATOR JOY V 09N |29/12 |oi/Jan f VESSEL S PORE BANGKOK A VESSEL 29/12 01/01 A VESSEL 05/01 08/01 DESTINATIONS ETA SINGAPORE PORT KELANG 28 DEC MANILA 30
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      Page 41 Advertisements Column 4
      606 41 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOR 968 29/12 01/01 PRASETIA 133 A 03/01 06/01 PELOPOR 969 05/01 06/01 PRASETIA 135 A 10/01 13/09 TANTO UTAMA 129 26/12 29/01 TANTO UTAMA 131 02/01 05/01 TANTO UTAMA 133 09/01 12/01 General
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      Page 41 Advertisements Column 5
      409 41 SIM FAB EAST 30/12 KEELUNG/KAOHSIUNG 5/1 BANGKOK 31/12 MANILA/CEBU 5/1 JAKARTA/BELAWAN/SURABAYA 5/1 PORT KELANG/PENANG/E. Malaysia 1/1 BUSAN 30/12 TOKYO/YOKO/KOBE/NGO/OSA 31/12 HONG KONG also accepting cargo to Huangpu/Sheruhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 5/1 LDN/FLX/LVP/SOU 5/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SjN USA/CANADA 4/1 LOS ANGELES/NEW YORK all IPI points
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      721 42 CB SHIPPING (W) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE SPC POM MISIMA LAI TVIILE »AJSB 111 12/1 W 18,1 ISA IAK SPt POM MfSIMA lAE TVIILE H 21S8 »i 1/2 11/2 14,2 15/2 W'2 SB LAE CARGO T SHIP SAN )UAN POM BUNKER SURCHARGE EFFECTIVE
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      Page 42 Advertisements Column 2
      455 42 SINGAPORE MEDITERRANEAN FULL CONTAINFR SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE IY V23-90W 2/1/91 30/12/90 21/1/91 25/1/91 K.V.T. V 26-CW9O 2/1/91 25/1/91 27/1/91 3/2/91 KM. V24-90W 11/1/91 05/2/91 26/1/91 31/1/91 BA V 27 CW9O 18/1/91 11/2/91 13/2/91 18/2/91 SG V25-90W 24/1/91 21/2/91 10/2/91 15/2/91 ALSO ACCEPTING CARGO
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      Page 42 Advertisements Column 3
      472 42 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG KAOH 30/12 06/01 13, til 20,01 HONG KONG 3M2 02/0 i 10 01 BUSAN 3M2 10/01 17*11 15/01 J BANGKOK OTTOI OMI 12/01 MANILA 02/01 2201 01/02 .U S A o*oi 12/01 1901 26/01 KYC LINE (S) PTE LTD., 158, CECIL STREET DAPENSO
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      1062 42 rLCL/FCL SERVICE TO/FROMO H (B| (SSkx J i «<Ww-»Wbm«'>uH II InBI mm, 36.000 II 1® B 2 V IIP IhJ^lmWi m LCL/,CL GenereJ A9»nti Cp PENANG—KL: allied-LINK SINGAPORE: /^Ke\ 04-*****2 03-*****55 778 6522(22 lines) SEFA Marina Ong Susan Ng/Chriatlna Chlew Irene Cheng,Either Yap Straits Container Agencies (a member of Steamers
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      431 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HUM 0000 0100 0200 0900 MOO 0500 0600 0700 0100 ****************************************1000 2000 2100 2200 2300 JR 13 13 13 15 18 22 2.5 2.7 2.7 2.5 2.1 1.7 1.3 10 0.9 0.8 09 12 1.5 1.8 2.0 2.1 10 1.8 PP 12
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      328 44 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH CHOLTHEE 19/90 28/12 7/1 SENTIASA 16/90 10/1 17/1 For Enquiries Call CALVIN HO/DANY LAU If/|\ HIAP HOE SHPPNG ENTERPRISE V */fl J TEL: *****66 FAX: *****10 \Jljy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG PERFECT 1505 27/12
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      709 44 lAHYUNDAII MERCHANT MARINE CO. LTDEASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI CHALLENGER 39E 30/12 10/1 28/1 31/1 3/2 2/2 HYUNDAI EXPLORER 35W 20/11 23/11 26/11 14/12 22/12 HYUNDAI CHALLENGER 39E 5/1 10/1 28/1
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      622 44 CHARTPOINT Every Saturday in Business Times NOTICES M.V. "SUN FLOWER" Vsy. I Arrived Singapore 24.12.N Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a General Survey will be held on the 31st December 1990 (Monday) at Keppel Wharves K3O from 0900 hours 1200 hours. No
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