The Business Times, 4 January 1991

Microfilm: NL17380
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Friday January 4 1991 75*
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  • NEWS SUMMARY
    • Article
      Korean currency shows steep depreciation
      86 1 SOUTH Korea's won currency depreciated during 1990 by 5.14 per cent against the US dollar, by 11.34 per cent against the yen and by 16.21 per cent against the Deutschemark. The Bank of Korea said yesterday that the won started 1990 at 679.6 to the
      86 words
    • Article
      MPs laud discussions
      29 1 THE DISCUSSIONS on the Elected President proposal is a good example of the government's practice of consultation and consensus, say two Members of Parliament Page 2
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    • Article
      Trademark protection
      29 1 A LAW giving greater protection to trademarks against infringement and sale of counterfeit goods, and also introducing the registration of service marks, has been passed Page 2
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    • Article
      Indonesia booked up
      30 1 HOTELS in Indonesia are bursting at the seams, international and domestic flights are running long waiting lists and Visit Indonesia Year only began on Tuesday Page 6
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    • Article
      HK rents still high
      41 1 IN SPITE OF the general decline of office rents over the past year about 6 per cent in prime areas over the past three months Hongkong offices are the fourth most expensive in the world. Page 6
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    • Article
      Construction decline
      26 1 US CONSTRUCTION spending resumed its slide in November, falling 0.6 per cent after posting its first gain in six months last October. Page 7
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    • Article
      Concessions possible
      24 1 THE EUROPEAN Community has hinted that it may make concessions on agricultural protection, according to the Australian Trade Negotiations Minister Page 7
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    • Article
      Question of cleanliness
      17 1 IN JAPAN, cleanliness has become a status symbol. And not everybody's happy. Page 13
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    • Article
      Jurong wins deal
      31 1 JURONG SHIPYARD has clinched another exclusive shiprepair contract, bringing its tally of such long-term deals to five within a span of two years. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow down
      33 1 SHARE PRICES slipped at the opening bell on Wall Street yesterday with the Dow Jones index of leading industrials dropping 2.23 points to 2,608.41 in the first five minutes of trading.
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    • Article
      Footsie lower
      50 1 LONDON share prices were sharply lower at midday yesterday with investors discouraged by the poor outlook for the UK economy and fears of a war in the Middle East. At 1215 GMT, the Financial Times-Stock Exchange 100Share Index was down 21.9 points, or one per cent, at 2,106.4.
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    • Article
      SIA reshuffles staff
      22 1 SIA has made its first major senior staff reshuffle and promotion exercise in more than a year Page 3
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    • Article
      KLSE sets records
      25 1 THE KUALA Lumpur Stock Exchange set several records last year following the split with its Singapore counterpart in early 1990 Page 3
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    • Article
      Moving into Johor
      13 1 SINGAPORE companies are continuing to expand in Johor Page 3
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    • Article
      NYSE sets priorities
      26 1 THE NEW YORK Stock Exchange will place top priority on listing foreign stocks and enticing individual investors back to equities markets Page 5
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    • Article, Illustration
      STOCK INDICES
      26 1 Thursday Change BT-MGA 580.16 +4.28 Kuala Lumpur .497.99 -3.24 Hongkong 3.J04.8 -26.46 Sydney 12/J.0 -12.1 Wednesday Change Ne* York 2,610.64 -23.02 London 2,128.3 -15.2
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    • Article
      CURRENCIES
      20 1 Exchange rates US$ S$ 1.7385 Yen SSI 3062 MS SS0.6425 Money market rates Overnight 4-3/4 +1 3-month 3-1/4 -I
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    • Article
      COMMODITIES
      36 1 London Gold AM fix US$386.75 -US$5.75 Rubber S'pore Feb 151 00«/kg -2.50 M'sia Feb 238.00«/kg -1.50 KL Tin Turnover 37 tonnes-27 Spot M$ 14.84/kg -0.02 Crod« palm oil Tumover 1.496 lots -261 Jan M$885/tonnc -16
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  • Article
    Lock icon Bush offers direct talks with Iraq next week
    558 1 Iraq agrees to pull out, says French publications Agencies PRESIDENT George Bush yesterday offered to hold direct talks with Iraq next week in an llth-hour attempt to end the crisis in the Persian Gulf. The White House announced that US Secretary of
    Agencies  -  558 words
  • Article
    DBS takes the lead once again in prime rate cut
    375 1  -  By Alvin Tay DBS BANK has cut its prime lending rate by a quarter point to 7 per cent, its second reduction in just over one month. The move, which will be effective from next Monday, is likely to spark
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  • Article
    S'poreans in Gulf urged to contact embassy
    115 1 THE MINISTRY of Foreign Affairs yesterday advised all Singaporeans remaining in the Gulf to register with the Singapore embassy in Riyadh, Saudi Arabia, because of uncertainty in the region and the approaching UN deadline for the withdrawal of Iraqi forces from Kuwait. A
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  • Article
    Lock icon US rates expected to fall only slowly
    196 1 Reuter LONG-AWAITED prime rate cuts by major US banks dribbled in on Wednesday, and analysts say reductions in the key lending rate will keep to a snail's pace this year. Citibank. Morgan Guaranty Trust Co, Chase Manhattan, Bank of America and Chemical all
    Reuter  -  196 words
  • Article
    In Executive Lifestyle tomorrow
    143 1 YUPPY, Vuppy, Cuppy. What's the difference? Well, in Ho Chi Minh City, the Yuppy is either a Vuppy (Vietnamese Upwardly Mobile Professional) or a Cuppy (Communist Upwardly Mobile Professional). PLUS: an exclusive interview with Dick Kaufman, who has been assigned to do a make-over of Singapore's
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  • Article, Illustration
    House passes Bill on Elected President
    548 1  -  Vote wisely for both the government and EP By Anna Teo PARLIAMENT yesterday passed the constitutional amendment bill for an elected president (EP) who will have custodial powers over Singapore's reserves and public services, as well as check any government abuse of its powers
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      145 1 Bl $220.00 FREE FLOW of stout, beer, soft drinks <& etc. (Mm 10 tables) Hong Kong l)ian Xin JAi No I Yuan Ching Rotid (above Juron# Bowl) WtMl I \Stnxapore 22b lid 2M4511 /2M W(t(y iftW Aircraft Schedule 23 Money Market 21 World Stock Markets 20 Commodities 22 Regional News
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      Page 1 Advertisements Column 2
      16 1 Baghdad unveils plane, bonuses for troops, Pg 7 Asean holds emergency oil sharing talks, Back Pg
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    • Advertisement
      Page 1 Advertisements Column 3
      76 1 Quadruple Zoom Auto Two-Color M,NOi rA Accountants playing musical chairs SINCE the Big Eight started to trim down to the Bigger Six, local accounting firms' partners and principals have been playing musical chairs. And the game isn't over yet. Anna Teo reports on Page 9. f >- > AT A.
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      4 1 More reports, Page 2
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  • YESTERDAY IN PARLIAMENT
    • PARLIAMENT BRIEFS
      • Article
        Appointment of Chief of Defence Force
        124 2 I HE Singapore Armed Forces (Amendment) Bill, introduced in Parliament yesterday by the Second Minister for Defence Dr Yeo Ning Hong, provides for the President to appoint the Chief of Defence Force, and the chiefs of the Army, Air Force and Navy. It also
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      • Article
        Group MPs
        55 2 THE Parliamentary Elections (Amendment) Bill, introduced by Prime Minister Goh Chok Tong, provides for Group Representation Constituencies to elect a group of three or four MPs as designated by the president for that constituency. The Bill proposes to amend the existing law under which every CjRC returns a
        55 words
      • Article
        Admission of Queen's Counsel
        120 2 THE Legal Profession (Amendment) Bill, tabled by the Minister for Law and Home Affairs, Professor S Jayakumar, restricts the ad hoc admission of Queen's Counsel to those cases where the court is satisfied that they are of sufficient difficulty and complexity. The Bill also allows a
        120 words
      • Article
        Safeguarding reserves
        39 2 THE Statutes (Miscellaneous Amendments) Bill, tabled by Minister for Law and Home Affairs S Jayakumar, seeks to amend various statutes to give the Elected President a safeguard role over the financial reserves and public services of Singapore.
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      • Article
        Customs (Amendment) Bill
        19 2 A FIFTH Bill tabled by Minister for Finance Dr Richard Hu was the Customs (Amendment) Bill.
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      • Article
        Car park offences
        59 2 THE Parking Places (Amendment) Bill passed yesterday has appointed the director-general of Public Works as the Car Parks Authority to administer the Parking Places Act. Minister for National Development Mr S Dhanabalan said that the amendment enhanced the powers of the Superintendent of Car Parks to enable
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      • Article
        White Paper on shared values
        26 2 A WHITE PAPER on Shared Values setting out the government's position on a national ideology was presented to Parliament on Wednesday.
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    • Article, Illustration
      Consensus-building shown in Elected President Bill
      532 2 THE way the Elected President proposal has evolved, and how the Bill has been considered in Parliament, was an excellent example of the practice of consultation and consensus, said two Members of Parliament yesterday. Deputy Speaker and MP for Kebun Bahru Lim Boon Heng,
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    • Article
      Licences needed to import, produce non-ionising radiation devices
      317 2 IMPORTERS and manufacturers will need licences to import and produce non-ion-ising radiation devices such as commercial and domestic microwave ovens and ultraviolet sunlamps under a new law passed yesterday. Explaining the rationale behind the Bill, Minister for Health Yeo Cheow Tong said
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    • Article
      Green light given for multi-discipline corporations
      255 2  -  Reports by Anna Teo, Harish Mehta THE Bill giving the green light to land surveyors to team up with architects and engineers to set up multi-dis-cipline corporations is aimed at giving them greater credibility and a sharper competitive edge for international consultancy work, Minister
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    • Article
      Greater protection for trademarks
      249 2 A LAW giving greater protection to trademarks against infringement and sale of counterfeit goods, and also introducing the registration of service marks, was passed yesterday. Steering the Trade Marks (Amendment) Bill 1990 through Parliament, Minister for Law and Home Affairs S Jayakumar said that Parliament had
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      71 2 I I I m WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO CANADA. We've reduced the IDD rate to Canada by up to 40% Which means that the Standard Rate is now $2 20. Discount $1 80 and Economy/Weekend $1 60 per block of one minute So you
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      SIA carries out management reshuffle
      313 3  -  By John Tan SINGAPORE AIRLINES, in its first major staff reshuffle and promotion exercise in more than a year, has made several changes to its senior management lineup. Mr Sim Kay Wee, the former assistant director of personnel, is now the acting director of human
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    • Article
      Fuji Offset to build factory and warehouse in Johor
      372 3 SESDAQ-LISTED Fuji Offset Plates Manufacturing will build a factory cum warehouse on one of four plots of land which it bought in Johor recently, keeping the other three for future expansion plans. Replying to a Stock Exchange of Singapore (SES) query
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    • Article
      A bumper harvest for KLSE
      950 3  -  31 new listings add MslB.B billion to market capitalisation By Diana Oon THE KUALA Lumpur Stock Exchange set several records last year following the split with its Singapore counterpart in early 1990. A record 34 new issues came on the market last year, or an
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    • Article
      GB Holdings to build yachts in Johor
      307 3 LUXURY YACHT builder GB Holdings will be investing in a boatyard in Johor to enable it to build yachts at a lower cost. The company has accepted a letter of offer from the Johor State Economic Development Corporation to purchase a 30-year lease
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    • Article
      Lock icon Taiwanese firm plans steel venture in M'sia
      196 3 AFP TAIWAN'S China Steel Corp (CSC) has won approval to build a NT$9.4B billion (US$35O million) jointventure integrated steel mill in Malaysia, Taiwanese economic officials said yesterday. Taiwan's Council for Economic Planning and Development has approved the planned factory, which will have an
      AFP  -  196 words
    • Article
      Lock icon KL minister to seek clarification on new exchange
      271 3 Bernama MALAYSIAN Primary Industries Minister Dr Lim Keng Yaik said yesterday he will meet Finance Minister Daim Zainuddin next week to seek clarification on the proposed setting up of the Kuala Lumpur Options and Financial Futures Exchange (KLOFFE). He told newsmen in
      Bernama  -  271 words
    • COMPANY BRIEFS
      • Article
        We are considering Phuket options: UIC
        55 3 UNITED Industrial Corp said, in response to a Business Times story yesterday, that the group is currently considering several options regarding its investments in Phuket and is having preliminary discussions with several parties, one of whom is Japanese retailer Isetan. Isetan Singapore, however, said
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      • Article
        Tan Pee Cee resigns post
        31 3 SUNSHINE Allied director Tan Pee Cee has given up his post as executive chairman, effective Dec 31, 1990. He remains on the board as a director.
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      • Article
        ICL picks Tan Chong unit
        68 3 TAN Chong Motor Holdings Bhd says its wholly-owned subsidiary, Comit Communication Technologies Pte Ltd, has been appointed a master distributor for ICL personal computers in Singapore. The appointment was made by ICL Singapore Pte Ltd, Tan Chong said, adding that the transaction had no material
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      • Article
        UCI has 2.79 m Serang shares
        51 3 UNITED Chemical Industries Bhd has been informed by Serang Ria Sdn Bhd that it now owns 2.79 million shares in the company following an allocation for Bumiputeras. Tan Sri Hamzah Abu Samah also told United Chemical Industries that he holds 8,000 shares in the
        51 words
      • Article
        Dunlop takes Magnum stake
        81 3 MAGNUM Corporation Bhd has been informed by Sports Toto Malaysia Bhd, Inter-Pacific Industrial Group Bhd and Berjaya Corporation (M) Bhd that they have ceased to be substantial shareholders of the company, following the conditional sale and purchase agreement with Dunlop Estates Bhd on Dec 5. Meanwhile,
        81 words
      • Article
        Three invest in Chocolates
        34 3 CHOCOLATES Products (M) Bhd has been informed by Mr Cheng Heng Jem, Amalgamated Steel Mills Bhd and Ambang Jaya Sdn Bhd that they beneficially own 55,854,880 shares in the company.
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      • Article
        Roxy widens M'sian Heli stake
        39 3 ROXY Electric Industries (M) Bhd says it has bought an additional 680,000 shares in Malaysian Helicopter Services Bhd between Dec 21 and 31, bringing its total interest in the company to 10.481 million shares.
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      • Article
        Hong Leong Credit shares
        53 3 HONG Leong Credit Bhd has been informed by Hong Leong Co (M) Bhd that it now holds 65,099,960 shares in the company, following the changes arising from the distribution of assets of Dao Heng Holdings Sdn Bhd to its shareholders, pursuant to the voluntary winding up
        53 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      167 3 FOR THE WORLD'S MOST TREASURED WATCHES 3? CORUM Cortina Watch ilr' v houses some of the world s most j w ir > fashionable and exquisite watches. /Mr ftc The name: Cortina Watch Centre. tV^bWT/ The most trusted place to purchase *flp 'coro.vi quartz distinctive watches like Corum. V/ v
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  • COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        United Biscuits buys into Danish company
        109 4 UNITED BISCUITS (Holdings) pic said its McVities Group had taken a 50.2 per cent stake in Danish-based Oxford Biscuits Holding A/S from Unibank A/S. United Biscuits gave no price for the stake but said Oxford's annual turnover is about £27 million, of which 32
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      • Article
        Degussa states its entitlement
        98 4 GERMAN metals and chemicals group Degussa AG said it was entitled to 23.32 million shares or about 14 per cent of Pancontinental Mining Ltd. Degussa said it bought 7.42 million shares, or about 4.6 per cent of Pancon s issued capital, from Drcsdner Bank AG on
        98 words
      • Article
        DAF looks to South-east Asia
        96 4 DAF NV said it was holding talks which could lead to local production of its trucks in South-east Asia. "We are talking to governments and companies in the Philippines, Thailand and other Asean countries," a DAF spokesman said. "The talks are about production and assembly
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      • Article
        Andres Soriano in resort venture
        109 4 THE Andres Soriano Corp investment firm of the Philippines is joining forces with Nissan Sugar Manufacturing Co of Japan to develop a new island resort in the western Philippines, company sources said on Wednesday. The joint venture, called Seven Seas Resort and Leisure, is planning
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      • Article
        Control Data completes deal
        75 4 CONTROL DATA Corp said it had completed the sale of its Micrognosis business to CSK Corp of Japan. Terms of the transaction were not disclosed, but Micrognosis, a provider of integrated trading room systems to the financial services industry, had 1989 revenues of about US$lOO million
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      • Article
        Deutsche Babcock runs up loss
        83 4 ENGINEERING group Deutsche Babcock AG made a group loss of about 85 million marks in the year ended Sep 30, 1990 after a group net profit of 200,000 marks in the previous year. Management board chairman Heyo Schmiedeknecht said in a company magazine the loss
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      • Article
        Mitsubishi's US sales up
        74 4 MITSUBISHI Motors Corp said its mid-December US car sales rose 55.6 per cent to 1,092 units from 702 a year ago. For the month, domestic car sales gained 45.7 per cent to 1,967 from 1,350. Year to date, it said car sales climbed 59.4 per cent
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      • Article
        Paramount denies divestment
        50 4 PARAMOUNT Communications Inc has denied a report by a Japanese news service that the company is attempting to sell its motion picture unit. Paramount Communications called the report by the Nikkei news service false and irresponsible and said it was not contacted for comment on the story.
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    • Article
      Lock icon UK rating agency questions Polly Peck accounts
      483 4 Turkish inflation said to have boosted group's earnings Reuter POLLY PECK International pic earnings were overstated by accounts that underplayed the impact of Turkish inflation, UK rating agency IBCA said. Turkish hyper-inflation boosted the published earnings of the group in the region. Also,
      Reuter  -  483 words
    • Article
      Lock icon US firm ordered to pay US$ 415m for laying off workers due for pension
      407 4 NYT IN WHAT appears to be the largest payment ever involving a violation of federal pension law, the United Steelworkers of America has won a US$4l5 million settlement from Continental Can Co. The settlement stems from
      NYT  -  407 words
    • Article
      Lock icon AT&T begins bid to win control of NCR board
      208 4 UPI AMERICAN Telephone and Telegraph Co has confirmed that it has taken the first step in its planned proxy contest for control of the board of NCR Corp. AT&T said on Wednesday that it was distributing material asking NCR stockholders to
      UPI  -  208 words
    • Article, Illustration
      Lock icon News Corp deal needs nod from 150 banks
      409 4 Reuter THE proposed restructuring of News Corp Ltd's US$B billion of debt requires agreement of all the banks in the 150-strong group, bankers say. But not all banks have yet adopted the whole plan. "That's a very basic principle that everybody is
      Reuter  -  409 words
    • Article
      Lock icon Deal helps Harrods break into Japanese market
      182 4 AFP HARRODS has signed an agreement with the Mitsubishi Corporation to sell a selection of the famous English department store's clothing range in Japan. Under the agreement announced on Wednesday, Mitsubishi will import a selection of clothing and accessories sold in Harrods' 140-year-old
      AFP  -  182 words
    • Article
      Lock icon Jakarta tin giant plans massive lay-offs
      322 4 AFP INDONESIA'S state tin-min-ing company PT Tambang Timah plans to halve its 24,000 workforce by 1995 as part of a massive restructuring programme aimed at offsetting low world tin prices. P T Timah, one of the world's largest tin-mining companies, was estimated to record
      AFP  -  322 words
    • Article
      Swilynn seeking another extension for stake cut
      277 4 HONGKONG COMPANY Swilynn International Holdings has applied to the colony's stock exchange for another extension to the deadline for cutting its stake in Teletech International Holdings to 75 per cent. The South China Morning Post reported earlier this week that Swilynn's chairman, Ngan
      277 words
    • Article
      Lock icon Trump's Taj Mahal will incur losses for next four years
      252 4 AP DONALD TRUMP's Taj Mahal Casino Resort will lose money over the next four years but will generate enough cash to meet interest payments on its massive debt, according to documents submitted to US gambling regulators. The documents were presented
      AP  -  252 words
  • Page 4 Advertisements
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      80 4 Seafood Theatre Restaurant Cantonese-Thai Cuisine MAKE NO BONES ABOUT IT. OUR SET MENUS ARE VALUE FOR MONEY. V i *V J A rare treat indeed! Exotic Cantonese-Thai cuisine served to you at the most affordable prices. In a variety of set menus for 2 10 persons. For as little as
      80 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon NYSE to give priority to foreign listings
      496 5 Reuter NEW YORK Stock Exchange chairman William Donaldson said further erosion of the flagship US stock market's role could ultimately result in lower values for US equities and higher capital costs for American companies. Mr Donaldson said in an interview on Tuesday that
      Reuter  -  496 words
    • SMALL CHANGE
      • Article
        Price Water house's fee income up 16.7 pc
        97 5 ACCOUNTANCY and management consulting firm Price Waterhouse said its worldwide fee income for the year ended June 30, 1990 rose 16.7 per cent to US$2.BB billion. Fee income from audit and business advisory services was US$l.57 billion, 54.6 per cent of the
        97 words
      • Article
        No self-regulation for HK forex
        86 5 HONGKONG'S monetary affairs branch has decided the British colony's foreign-exchange industry will not be allowed to regulate itself, a government spokesman said in a statement. Hongkong is currently grappling with a surge in the number of small, fringe foreign-exchange dealing operations, known as bucket shops.
        86 words
      • Article
        Monarch agreement extended
        89 5 MONARCH Capital Corp said the banks that are party to its primary credit agreement agreed to extend until Jan 31 the standstill agreement that had been reached in November and had been due to expire on Dec 31. Monarch said the banks had also agreed to make
        89 words
      • Article
        KIO's European manager dies
        87 5 THE Kuwait Investment Office (KIO) said Trevor Ball, its chief investment manager for Europe, died on Wednesday morning after a short illness. Mr Ball, 46, had been with the KIO for 25 years and was one of five chief operations officers and one of the most
        87 words
      • Article
        Nat-Ned sticks to estimate
        106 5 INSURER Nationale Nedcrlanden NV, which is in the process of merging with Dutch bank NMB Postbank Groep NV, stuck by its earlier estimate of a 900 million guilder net profit in 1990 from 973 million in 1989. In a New Year message, chairman Jaap van Rijn
        106 words
      • Article, Illustration
        Dollar$ & No$sen$e
        2 5 Dollar$ No$sen$e
        2 words
    • Article
      Lock icon Bank Negara to sell J P Finance to BBMB Kewangan
      409 5 Bernama BANK NEGARA, which bought J P Finance (M) Bhd as the vehicle for a proposed central cooperative bank rescue scheme, now proposes to dispose of the finance company to BBMB Kewangan Bhd, a banking industry source said yesterday. The
      Bernama  -  409 words
    • Article
      Lock icon Closures worry Rhode Island depositors
      253 5 Reuter WORRIED DEPOSITORS gathered on Wednesday outside locked-up banks and credit unions closed by Rhode Island's governor after the private fund that insures them nearly collapsed. As officials of the day-old administration of Governor Bruce Sundlun met federal bank regulators to work out the future
      Reuter  -  253 words
  • Page 5 Advertisements
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      45 5 B6 B PROVES THAT NOTHING 1- IS IMPOSSIBLE 6 To attempt h 100 /taz?£ always striven to reconcile the 3,1 ,I h freedom brought technological '5. An touio Citl^no l^ciynorsefijx^ttoK I t SHOWROOM: CRYSTAL PALACE 456, RIVER VALLEY ROAD. SINGAPORE 1024 TEL: 235 9053 1
      45 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Jakarta sets rupiah conversion rate
        114 6 THE Indonesian government has set the conversion rate at Rp 1,903 for US$l for the payment of import duties, val-ue-added taxes on goods and services, sales taxes on luxury goods and property taxes. The Jakarta Post reported yesterday that this rate will be in effect
        114 words
      • Article
        Hoarding cause of shortage
        89 6 THE shortage of steel bars in Johor could have been caused by hoarding by developers. The New Straits Times yesterday quoted State Public Works and Utilities Committee chairman, Haji Zainal Abidin Zin, as saying that the PWD was looking into this and was looking into steps
        89 words
      • Article
        Hi-tech era for Sarawak
        102 6 SARAWAK will enter the high-tech and electronic era by 1993 when a free trade zone (FTZ) is established to accommodate such industries. State Industrial Development Minis-1 ter Datuk Abang Haji Johari Tun Abang Haji Openg said yesterday that the government would develop and provide all the
        102 words
      • Article
        KL manufacturing sector's sales
        137 6 THE Malaysian manufacturing sector recorded total sales of M 553,145.7 million during the first 10 months of 1990, up 16.9 per cent, or M 57,672.9 million, compared with M 545,472.8 million in the same period last year. The Statistics Department, in its latest monthly manufacturing report
        137 words
      • Article
        Call against fishing intrusion
        132 6 THE seizure of 13 Indonesian fishing boats off Western Australia's isolated far north coast has sparked calls for tougher measures to deter intruders. Perth's fisheries department believes harsher penalties could stem the unprecedented flow of fishermen believed to be seeking the valuable, protected, trochus shell. Acting
        132 words
      • Article
        Rebel govt seeks support
        114 6 THE Prime Minister of a rebel Burmese government set up in the jungles last month has been seeking recognition from diplomats in Bangkok, Burmese guerilla sources said on Wednesday. One source said Sein Win visited the Thai capital over the weekend with his foreign minister Peter
        114 words
    • Article, Illustration
      Lock icon Campaign will worsen Indonesia's tourism woes
      699 6 Reuter HOTELS IN Indonesia are bursting at the seams, international and domestic flights are running long waiting lists and Visit Indonesia Year only began on Tuesday. The stated aim of the campaign is to promote tourism and fill Indonesia's coffers with foreign exchange. But
      Reuter  -  699 words
    • Article
      Lock icon Kuching plans M$ 240m airport extension
      255 6 Bernama THE proposed extension work on the Kuching International Airport will cost Ms24o million, the State Environment and Tourism Minister, Datuk Amar James Wong, said on Wednesday. The project would involve the extension of the present runway by another 1,220 metres to make it
      Bernama  -  255 words
    • Article
      HK office rents still 4th highest despite decline
      538 6 S'pore among best performing markets in Asia DESPITE the steady decline in office rents in Hongkong over the past year, Hongkong offices are still the fourth most expensive in the world. The South China Morning Post, which in recent days has reflected
      538 words
    • Article
      Lock icon Viet rice output up by one million tonnes in 1990
      306 6 AFP VIETNAM'S total rice production reached 19 million tonnes of padi last year but yield was down, the military daily Qhan Dhoi Nhan Dan reported Wednesday. The figure, though up from 1989's 18 million tonnes, was only achieved because an
      AFP  -  306 words
    • Article
      Lock icon Builders fight shy of proposed haven for Malaysia's wealthy old folk
      837 6 They feel it is against Asian values Bernama A TEN-YEAR-OLD proposal in West Malaysia to set up a twilight haven for wealthy senior citizens has yet to get off the ground, not for want of interest but because builders
      Bernama  -  837 words
    • Article
      Lock icon Environmentalists draw new battlelines to block Mekong projects
      781 6 Planners hope to build at least one massive dam AP GRAND PROJECTS to harness the mighty and untamed Mekong River have for decades been blocked by war. Now, as prospects for peace brighten, environmentalists are beginning to draw new battlelines. Development planners
      AP  -  781 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Baghdad unveils new radar plane, bonuses for troops
      534 7 Nato to send three squadrons to Turkey Reuter IRAQ, facing the possibility of a US-led attack in 13 days, said on Wednesday that it had developed a new airborne radar plane to detect enemy jets. It also announced that army conscripts and
      Reuter  -  534 words
    • Article
      Lock icon US construction spending falls after short-lived gain
      312 7 AP CONSTRUCTION spending resumed its slide in November, falling 0.6 per cent after posting its first gain in six months in October. The US Commerce Department disclosed on Wednesday that residential, non-residential and government construction spending totalled a seasonally adjusted annual rate of
      AP  -  312 words
    • Article
      Lock icon Luxembourg predicts Iraqi pullout
      228 7 Reuter LUXEMBOURG, preparing to host emergency European Community talks on the Gulf crisis, has predicted that Iraq will pull its troops out of Kuwait at the last minute to avoid war. "The strongest and most sophisticated army in the world is facing a large but Third
      Reuter  -  228 words
    • Article, Illustration
      Lock icon Shev warns of possible military crackdown
      490 7 UPI SOVIET Foreign Minister Eduard Shevardnadze, in his first interview since his dramatic resignation announcement two weeks ago, has warned of a military crackdown "if the destabilisation of the country continues". In an interview published in the weekly newspaper Moscow News on Wednesday, he
      UPI  -  490 words
    • WORLD WATCH
      • Article
        China reportedly third leading disc maker
        81 7 CHINA has become the world's third leading producer of floppy computer discs after the US and Japan. The New China News Agency (NCNA) reported yesterday that China had the capacity to produce 300 million discs a year, al- Jithough only 12 of the country's
        81 words
      • Article
        Beijing to expand rail network
        79 7 CHINA will invest six billion yuan (US$l.l5 billion) to expand local railways by 3,000 km in the next five years. The official China Daily quoted a senior railway official yesterday as saying that most of the planned railways would be used to help in transporting
        79 words
      • Article
        US firms boost market share
        108 7 FOR THE FIRST TIME in more than a decade, US semi- conductor companies gained market share last year at the t expense of their Japanese competitors. American companies garnered 36.5 per cent of the worldwide semiconductor market last year, up from 34.9 per cent in
        108 words
      • Article
        Probe on Yosemite deal
        114 7 THE US INTERIOR DEPARTMENT says the government is examining the Japanese purchase of property and business rights in California's Yosemite National Park in a campaign to keep profit from the park from flowing overseas. But MCA Inc, which sold the park rights to the Japanese as
        114 words
      • Article
        S Korea suffers trade deficit
        86 7 SOUTH KOREA suffered its first trade deficit in four years in 1990, but strong December exports kept the damage at less than US$5 billion, the Ministry of Trade and Industry said yesterday. Preliminary figures issued by it put the yearly deficit on a customs clearance
        86 words
      • Article
        Boost for petrochem industry
        56 7 MEXICO'S petrochemical production and exports were up in 1990 over the previous year. Petroleos Mexicanos, the government oil monopoly, said on Wednesday that record production in 26 petrochemical areas allowed Mexico to export an average 2,357 tonnes a day in the first 10 months of last
        56 words
    • Article
      Lock icon EC's hint of agricultural concessions promising
      173 7 AFP THE EUROPEAN Community has hinted that it may make concessions on agricultural protection, says the Australian Trade Negotiations Minister, Neal Blewett. The Uruguay Round of the General Agreement on Tariffs and Trade (Gatt) was adjourned last month after the EC refused to cut
      AFP  -  173 words
    • Article, Illustration
      Lock icon New Washington mayor faces daunting tasks
      308 7 AFP SHARON PRATT DIXON was sworn in as Mayor of Washington on Wednesday and vowed to tackle the American capital's huge budget deficit, its record homicide rate, drug abuse and corruption. The 46-year-old black attorney and former power company executive, who swept to victory
      AFP  -  308 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      117 7 Partaking in shark's fin soup should add a sense of ceremony to a meal. A sense of ceremony that s unfortunately all too often spoiled by service that falls somewhat short of the mark. f Such indignation will never dampen your spirits at The Cherry Garden. Because we treat So
      117 words
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  • Article
    The fruits of regionalisation
    506 8 EDITORIAL THESE are worrying times for the international economy. The crisis in the Gulf is not perceptibly closer to a solution, except for a violent one that could play havoc with world oil prices and drive the major economies into a debilitating slowdown. The US is
    506 words
  • WHAT THE OTHERS SAY
    • Article
      Israel losing friends?
      176 8 IN recent weeks, the United States did not veto or abstain from three United Nations Security Council resolutions condemning Israel. Two of the resolutions were for the Temple Mount incident when Israeli troops fired on Arabs throwing stones on Jewish worshippers and the third was for its
      176 words
    • Article
      A Mendaki priority
      111 8 MENDAKI's plans to reach out to the people should certainly be one of its priorities. Apart from channelling its news via the media, it has to hold dialogues with the various Malay-Muslim groups to help them understand Mendaki's goals. To achieve this, it needs to develop its
      111 words
    • Article
      Showing support
      175 8 THE government has a responsibility towards the caring for the unfortunate in our society. The use of the dollar-for-dollar pledges has a far-reaching significance which should not be overlooked. From funding the building of community centres to the anniversary charity fund, the government s dollar-for-dollar pledge clearly shows
      175 words
  • REGIONAL VIEWPOINTS
    • Article
      Backing the horses
      176 8 QUESTIONS about the viability of horse racing in Macau have not been answered with its rescue by a consortium led by casino tycoon Mr Stanley Ho. The partners have paid a putative HK$l billion for the majority share in the franchise and to cover its huge debts.
      176 words
    • Article
      Beneficial effects
      131 8 THE DESIGNATION of 1991 as Visit Indonesia Year is now clearly elevated into a serious national campaign. The drive, if seriously implemented, could very well change the social attitude of many Indonesians which would be beneficial in speeding up the country's developmental efforts. Visit Indonesia Year should teach
      131 words
    • Article
      Controlling gambling
      217 8 PUBLIC interest is the reason cited for Sarawak wanting to ban all forms of lottery this year. The Sarawak Turf Club has been told to stop all four of its lotteries by mid-March. The state government will also ask the Federal government to review and eventually ban the
      217 words
  • Article, Illustration
    Lock icon The brighter side of US banking
    1383 8 Large bad debts on loans to poor countries, on leveraged buy-outs and on property; super-tough regulators; a recession looming; America's banks are against the wall. Yet, for many, there are reasons to be happy The Economist IT is not hard to paint a dark
    The Economist  -  1,383 words
  • Article
    Lock icon Required, but not desired
    809 8 The Economist SINCE the preceding article provides good cheer for America's beleaguered bankers, let us do the same for their regulators. For the Federal Deposit Insurance Corporation (FDIC), the next couple of years will not be as horrendous as many predict. They will be merely horrible.
    The Economist  -  809 words
  • Page 8 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      Lock icon The man who would be plain Mr Eddie Ramos
      909 9  -  Steven Erlanger reports on how the Philippine Defence Secretary is running for president by doing his job Steven Erlanger NYT IN Southern Leyte, in a town hit hard by a recent typhoon, is a good place to watch Fidel Ramos go
      NYT  -  909 words
    • Article
      Accounting for mergers and movements
      1833 9  -  Since the Big Eight started to trim down to the Bigger Six, local accounting firm partners and principals have been playing musical chairs. And the game isn't over yet. Anna Teo reports Anna Teo Alain ahkong caused a bit of a stir in the accounting
      1,833 words
    • Article
      Controlling one's own destiny
      544 9 ON paper, Arthur Young head Alain Ahkong supported the concept of a merger of his firm and Ernst Whinney. But when it came to the crunch, he saw his own future elsewhere, and voted with his feet. The formation of Ernst Young "was agreed to on
      544 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      171 9 t SINGAPORE TOURIST PROMOTION BOARD PREQUAUFICATION EXERCISE LIGHTING UP OF THE CIVIC DISTRICT The Civic District is a major conservation district occupying a total of 105 hectares. Bounded by the Singapore River, Clemenceau Avenue, Orchard Road, Bras Basah Road and the Esplanade Park, it encompasses many significant heritage landmarks and
      171 words
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  • FOCUS
    • Article, Illustration
      Lock icon Investments based on demographics
      1306 10  -  Demography, with its attention to turns, or inflection points, in population trends, is gaining wider attention in investment circles, reports Diana B Henriques Diana B Henriques NYT Forget lbos and M&A, those code words of the 1980s takeover boom. These days, centre stage belongs to those
      NYT  -  1,306 words
    • Article, Illustration
      Lock icon Wall St firms return to their roots
      1202 10  -  With the takeover binge over, Wall Street firms are focusing once more on the traditional investment banker's role of serving as trusted adviser to corporate clients, reports Kurt Eichenwald Kurt Eichenwald NYT WALL STREET'S painful shift from the takeover era to the hangover
      NYT  -  1,202 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      79 10 NOTICES Macquarie Acceptances Limited U5535,000,000 Floating Rate Notes Due 31 December 1991 In accordance with the provision of ihe Noles. notice is hereby given that for the six-month period from 4th January 1991 to sth July 1991, the Notes will carry a rate of interest of 7.825 per cent, per
      79 words
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      Page 10 Advertisements Column 2
      139 10 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME Notice Is hereby given that we have on behalf of the owners, applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) In respect of the ship ARGO DIONE of Singapore Official Number *****1 of
      139 words
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  • SPORTS
    • Article, Illustration
      Lock icon Trevino expects to play even better this year
      615 11 Agencies DESPITE having just finished one of the best seasons anyone has ever achieved, Lee Trevino fully expects 1991 to be as good or even better. "It will be a hill to climb, but 1 can improve," Trevino said before a practice
      Agencies  -  615 words
    • Article, Illustration
      Lock icon Wheaton, Garrison put US in Hopman final
      453 11 AFP THE top-seeded US team of David Wheaton and Zina Garrison defeated Switzerland by two rubbers to one in the semi-final of the US$3OO,OOO Hopman Cup in Perth on Wednesday. The Americans were to face Yugoslavia for the U5575,000 first prize in last
      AFP  -  453 words
    • Article
      Lock icon ATP may introduce guidelines on heat factor
      276 11 Rcuter MEN's tennis may introduce guidelines allowing tournament officials to suspend play in exceptionally hot weather, a spokesman for the Association of Tennis Professionals (ATP) tour said in Adelaide yesterday. Several players at the Australian men's hardcourt championship have complained about playing in
      Rcuter  -  276 words
    • Article
      Lock icon Chinese swimmers make waves at world meet
      282 11 AP CHINA, the emerging force in women's swimming and diving, made a strong start at the World Swimming Championships in Perth yesterday, led by an athlete who has not yet reached her teens. Chinese divers were first and third halfway through preliminaries in
      AP  -  282 words
    • SIDE LINES
      • Article
        Boston Celtics have all the right ingredients
        95 11 LAST season, a big lead often led to a big letdown for the Boston Celtics. This season, they have the talent and mental toughness to make the lead even bigger. A 27-7 run gave them a 65-36 half-time lead, and they stayed ahead
        95 words
      • Article
        Kijimuta upsets Paulus
        66 11 AKIKO KIJIMUTA of Japan upset third-seeded Austrian Barbara Paulus in straight sets on Wednesday, a day of upsets in the U*****,000 Danone Open women's tennis championship in Brisbane. Kijimuta, who beat former world No 3 Pam Shriver in the first round, defeated a lacklustre Paulus 6-2, 6-3.
        66 words
      • Article
        Paris-Dakar rally rolls off
        92 11 THE Paris-Dakar rally rolled into the Sahara Desert on Wednesday with a 604-km untimed opening liaison stage from Tripoli to Gha dames near the Tunisian border. The rally proper started yesterday with a daunting 1,095-km second stage to Tumu, a Libyan town on the border with
        92 words
      • Article
        Colorado's the champions
        50 11 COLORADO followed up their Orange Bowl victory by being voted the 1990 US college football champions on Wednesday. The Buffaloes have their 10-9 win over Notre-Dame on Tuesday and an unbeaten run of 10 games to thank for the championship, awarded each year by the footballing press.
        50 words
      • Article
        Hearns to take on Hill
        119 11 THOMAS HEARNS, who has held championships in five different weight classes during his career, will challenge World Boxing Association light heavyweight champion Virgil Hill in May at a site to be determined. The 12-round bout will be promoted by Forum Boxing, Inc, but probably won't
        119 words
      • Article
        Jones sets salary record
        106 11 RELIEF pitcher Doug Jones became the highest-paid player in franchise history on Wednesday when he signed a one-year deal with the Cleveland Indians worth a reported US$2 million. Jones, who leads the club career list in saves, saved a team record 43 games last year. Jones,
        106 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      353 11 NOTICES M THE MATTER Of THE COM PANES ACT, I CHAPTER SO, AND M THE MATTER Of PLANET INVESTMENTS PTE LTD (In Member*' N( Voluntary Liquidation) The following special and ordinary resolutions ware duly passed at an Extraordinary General Meeting of the members ot Planet Investments Re Ltd convened at
      353 words
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      Page 11 Advertisements Column 2
      290 11 PALACE INVESTMENTS PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #07-19 Singapore 0617 on Thursday, 27 December 1990, the following Special Resolutions were duly passed--1 That the Company be wound-up voluntarily and that MR
      290 words
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      Page 11 Advertisements Column 3
      454 11 ADVEKTISEMENT FOR CREDITORS IN THE MATTER OF THE COMPANIES ACT, CHAPTER 5* AND IN THE MATTER OF crmxc CONSTRUCTION PTE LTD (Memben' Voluntary Liquidation) APPOINTMENT OF LIQUIDATOR RESOLVED: That Mr Too Seng Chee of S.C.Teo A Co of 101 Upper Cnm Street. *04-23 Ptopiel Park Centre, Smg«po«e 0105 for the
      454 words
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      Page 11 Advertisements Column 4
      325 11 M THE MATTER OF THE COMPANIES ACT, CAP. SO TP QUARRY RESOURCES PTE LTD (In Voluntary Liquidation) Ai an E*t»ofdn*ryG*nenl Meeting ol tie member* ol TP QUARRY RESOURCES PTE LTD duly convened and held at BLK 2022 EkJui Batok Street 23 #01-120 Indusuial P*AA.Singapoc*236sonlhe3l day of Dacambar 1990, th* totowing
      325 words
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      Page 11 Advertisements Column 5
      297 11 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF XXVI INTERNATIONAL CONGRESS OF OPHTHALMOLOGY PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 304 Orchard Road *11-02 Lucky Plaza. Singapore 0923 on 31 December 1990. the following Resolutions
      297 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      279 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Didn't I see you at Scandals? If I Every Thursday: Indies Night. Every Night: Ihe plate to see and be seen. Sraiulals, Singapore's most sophisticate*! club and meeting place. For details on membership, call
      279 words
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      Page 12 Advertisements Column 2
      293 12 world of classical charm Create traditions. Indulge in HnglLsh tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. Hun RcgiiK-y Mngapmvlo-12 Scutts R<ud Singapore 0922 Tel. 7 33 11HH ooog. Atm Steamboat Buffet^ Ilive a piping lux meal
      293 words
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      Page 12 Advertisements Column 3
      306 12 Seafooo Theatre Restaurant Mj,* Cantonew-Th* Cuw* 6*>y MAKE NO BONES ABOUT IT. V OUR SCT MENUS Alt VUUI-FOt-MQNfY, > A rare treat indeed! Exotic Cantonese-Thai cuisine served at the most affordable prices. In a variety of set menus for 2 10 persons, priced from $50++. Call 298 0011 ext 8605
      306 words
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      Page 12 Advertisements Column 4
      385 12 B W r DAILY AT PINE COURT 3^9H You'll enjoy our delicious selection of authentic Beijing Dian Xin served amidst the splendour of an Imperial Court. May we expect you today? From noon to 2.30 pm. nXK I Ala carte menu available BfjjQ, jfIHNH .^S lowiyM-* hlWinfct J ii»in, s
      385 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      664 12 TELEVISION AND RADIO O <SRM9 10.10 M4m fiirte Dancing in a Roanng 1.,0n. BUSINESS ON RADIO Asian powers emerging? s-EBrS srXT Championships. uncomfortable with his other 6.30 With The Quran. 7.10 am, 9.25 am. 1 iOprt, 8.00 Nullabor Dreaming (Sec Our guests who are all professors 6.50 Visi Sud. 5.30pm,
      664 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon An orgy of coming clean
      744 13  -  It is traditional in most households for parents to have to chase their children down for their daily baths. In Japan, however, the opposite is true, for parents despair of stopping their kids from bathing. The latest fad in the home of the world's strongest
      Punch  -  744 words
    • Article, Illustration
      Trump's rise and fall — as reflected in his book's sales
      575 13 Trump's rise and fall as reflected in his book's sales CHATTERBOX BOOKS about Donald Trump topped a bookstore chain's list of worst-sellers during the holiday shopping season. The Village Green Bookstore Inc, a Rochester-based bookstore chain, said on Wednesday that the latest offering by the deflated multimillionaire, Trump, Surviving at
      575 words
    • Article
      Lock icon Older hi-tech loses bytes of history
      740 13  -  Through a lack of forethought, chunks of US history are irretrievable, says Michael Sniffen Michael Sniffen AP A SLICE of US history has become as unreadable as Egyptian hieroglyphics before the discovery of the Rosetta stone. And there's more historic, scientific and business data
      AP  -  740 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      191 13 AND ENTEBTAIN s High Fashion At High Ti:a. 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. A ANA HOTEL 16 NANSIM HILL. SINGAPORE 1025. TEL: 732 1222. SINGAPORE Bullet k) Dinner only /Ijjjjjjl 14.50+
      191 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market swims against the tide to close higher
      898 14  -  By S N Vasuki STRANGE INDEED are the ways of the stock market. In a day when other regional bourses registered sharp falls, the Singapore market closed firmer on selective buying of blue chips. The rise came despite lack of visible support
      898 words
    • Article
      Untitled
      3716 14 Gr's Gr's 1990/91 Tel Last Vol Day Last Quote Di* Di* YTd Net M Cap High Low Code Company Sale +or- ("000) High Low Buyer Seller Or P/E Smil INDUSTRIAL COMMERCIAL 277 152 t 1000 Acma 165 +1 I 165 165 162 165 101.1 290 165 1142 Alex Hldgs 50*
      3,716 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3733 15 Main Board NatSteel 780 f40 +5.4% SIA Foreign 1330 +30 +2.3% DBS Foreign 1090 +20 +19% Metro Hldgs 480 +20 +4.3% L&M50* 205 +19 +10.2% SPH 740 +15 +2.1% Shangn-La 520 +15 +3 0% SIA 1020 +10 +10% SPH Foreign 960 +10 +1.1% UOB Foreign
    3,733 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      188 16 AUDITED RESULTS r ompaay Date Year Group Net Net uriiap Cross to proAt/loss (L) per share dividend COOO) (cents) Times Pub Aug 90 Jan 3 $28,013(123,423) 23.0(19.3) 10(99) LV'ebos Dec 14 iul 90 $38,911(133,777) 12 6(11 3a) 20TEa(9TEa) ISM Dec 13 Jun 90 $1,418($452) 4.3(1.5) 2(1) V't«| Tai
      188 words
    • Article
      PRELIMINARY RESULTS
      177 16 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (•000) (cents) Laong Huat Jan 2 Dec 89 $1821(*****) Pacific Can Dec 28 Sep 90 $l,387l($562h) —(0.7) Tan dec Horst Dec 28 Sep 90 $1,222($788) 18(3.3) l(-) hw Kepong Dec 24 Sep 90
      177 words
    • Article
      INTERIM RESULTS
      307 16 Company Date HaH-year Group pre-tax Interim ann to profit/toss (L) dividend COOO) Sateras Dec 31 Sep 90 M$462L (S369L) Isetan Dec 28 Sep 90 510.458(—) -(10) MCB Hldgs Dec 27 Sep 90 MSI,333(51.3191) —(2.5) Pegi Msia Dec 27 Sep 90 MS3,590(*****) Ale* Htdgs Dec 26 Sep 90 51,4461(5257)
      307 words
    • Article
      CORPORATE DEVELOPMENTS
      828 16 Jan 2 Mini Court Hotel has been renamed Orchard Parade Singapore Aerospace (SA) has introduced its SA Share Ownership Scheme lor the purchase of existanc shares in the company as an incentive to hJ-time employees of the SA (roup. The scheme took effect on Jan 1. The Hour
      828 words
    • Article
      DIVIDENDS ANNOUNCED
      487 16 Currant El Books Data Total far Total far paymawt data doso payaMa tha year last year MSB 101(b) Ian 4 lan 18 Jan 28 10% 12% MfP NYA Dec 14 Ian 3 f(t 15 NYA 28% fcnal SM 12 6%(b) Nov 29 Dec 13 lan 21 126% 8%TE
      487 words
    • Article
      RESULTS DUE
      652 16 Singapore Stocks last Full Year Company Period Oat* Taar Net EPS Gran Net annncod are** (cants) <*v profit test year (tf)00) CMB P»ck»trt Interim Nov 13 Dec 90 29 7 13.2 11.616(e) BUT Interim lan 10 Jun 91 254 2 150 0 773 Khonc Gun Interim Jan 12
      652 words
    • Article
      APPROVED ISSUES
      196 16 Company Rights Issue Causeway ton Three-tor four 10 60 per share Li-date Dec 10 Boohs dose: Dec 20 Acceptance Payment Feb 1 CAM Five-for four q M$4 00 per share Ex-date Nov 23 Books dose Dec 7 Acceptance Payment Jan 22 M Maun One-for-one <$ MS 1 50
      196 words
    • Article
      BONDS, LOANS & WARRANTS
      685 16 BONDS, LOANS WARRANTS C<— P—y C*mrtrtiom ported Cowvortkw tonn lor o«o onfcury tkart C4C Wt Before 26/4/93 1 warrant plus $309 cash Causeway loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or T war rant plus $0.77 nominal amount of loan stock. Ouan Notes Chuan H*)
      685 words
    • Article
      RECORD HIGHS & LOWS
      184 16 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 1054 51 (3/1/91) J»j J* jjg* <3/1/91) 1991km: 1044.91 (2/1/91) f27/3/lo) 1990 tach: 1435.43 (16/7/90) }g J* gg.12 27/3/90 1990 km: 981.07 (09/11/90) »J Jf °J®-» 1989 hifh: 1322.00 (28/12/89) g J* gj.* (26/ 2 89 1989 low: 917.42 4/1/89)
      184 words
    • Article
      PROPOSED ISSUES
      329 16 Company Rights Issue Mean One-tor two q MJ1 00 per share Issue ot 40m CumUative Redeemable Preference Shares of MJO10 each at mi per share with 10m detachable TSR Bolton One-tor tour M>2 00 per share FAC8 Capital Reduction Scheme to reduce par value of shares from 50
      329 words
    • Article
      COMPANY MEETINGS
      112 16 Sembawang Sfyyard Ltd: EGM at 456 Alexandra Road. 4th Floor, NOl Building. Singapore 0511 on Tuesday. Jan 8, at 9.30 am. Cerebos Pacific Ltd: 9th AGM at Room 835, Bth Floor, Mandarin Hotel South Wing, 333 Orchard Road, Singapore 0923 on Thursday, Jan 17, at 12 noon. Asia
      112 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      125 16 NEWS TRAVELS 1: f .jr' R|jj(|2l^^^^^ I ALL ADVERTISING MESSAGES arc effective. To varying degrees. In Singapore, when you want to reach out to a select target audience in the transport industry. only one daily offers you the advantage of maximum reach at minimum costs. And that's Shipping Times. Everyday
      125 words
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      Page 16 Advertisements Column 2
      14 16 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT.
      14 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Low liners stir up some interest in listless trading
      882 17 Bernama SOME INTEREST in longneglectcd low liners helped the Kuala Lumpur Stock Exchange to a slightly steadier close yesterday but trading was still listless. However, the continued decline of index-linked counters sent the KLSE Composite Index 3.24 points lower to 497.99
      Bernama  -  882 words
    • Article
      Untitled
      2911 17 1991 Last Vol Day Net Cap High Low Company Sale '000 High Low P/E $mll j INDUSTRIALS N 179 172 AISB 50* 175 -2 15 175 172 42.7 179.5 340 328 ASM 50* 340 12 69 340 330 30.4 1395.7 2% 293 Acidchem 293 -3 2 294 293 126.0 255
      2,911 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      278 17 No Business like Oil Business Although ing market seems to be a gushing well of wealth for the people in the business. And business has never been better, what with the Gulf turmoil fanning Q "J r ~H both physical and futures trade. Already, the >1 Republic is beginning to
      278 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Shares close weaker after a listless day
      1869 18 HONGKONG shares drifted slightly lower yesterday in thin and directionless trade dominated by nervousness over the Gulf crisis, brokers said. The blue-chip Hang Seng Index closed 26.46 points lower at 3,004.88 while the broader-based Hongkong Index fell 16.27 points to 1,971.23. Turnover rose
      1,869 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      156 18 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      156 words
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      Page 18 Advertisements Column 2
      51 18 for printers t I Spotlight on Hotel Properties, Consolidated Plantations Available at vour local newsstands and at all Times The Bookshop outlets: Centrepoint. Plaza Singapura. Raffles Citv Specialists' Centre Basement, Lucky Plaza, United Square, Marina Square, OUB Centre. Holland Village. Colombo Court, World Trade Centre, Kensington Park, Tangs, Metro Plaza,
      51 words
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  • REGIONAL STOCK MARKETS
    • Shares take a tumble in Australia
      • Article
        AUSTRALIA
        920 19 AUSTRALIAN industrial stocks were hammered in thin trade yesterday as institutions battened down the hatches ahead of the Jan 15 deadline for Iraq to quit Kuwait. Market leader BHP fell 14 cents through its $10.00 support level to end the session at $9.96 while another blue chip industrial, CRA,
        920 words
      • Article
        Untitled
        76 19 SYDNEY All Ordinaries Index 1273.0 1,285.1 -J2.1 All Industrials Index 1937.6 1,956.3 All Resources Index 760.8 767.8 -7.0 Turnover (million) 45.27 32.95 +12.32 BANGKOK SET Index 586.92 594.95 -8.03 Turnover (million) NA NA JAKARTA Composite Index 408.53 417.7S -9.25 MANILA Composite Index 595.47 628.89 -33^42 Turnover (million) 1,390 1,170 +220
        76 words
      • Article
        NEW ZEALAND
        253 19 THE New Zealand bourse yesterday ended the first trading day of 1991 slightly firmer though most companies' share prices were unchanged and volume was slim. The Barclays Index rose about three to 1,206 points, recovering from a onepoint deficit at the end of the morning call. David Tetro
        253 words
      • Article
        BANGKOK
        663 19 BANGKOK stocks closed broadly lower in thin trade yesterday as market sentiment continued to be dampened by prospects of a Gulf war, brokers said. The SET index fell 8.03 points to close at 586.92 in low turnover of 555 million baht. Siam Cement lost 14 baht to finish at
        663 words
      • Article
        SEOUL
        105 19 THE Seoul stock market began the 1991 trading year yesterday on a bearish note partly due to investor worries over the Gulf crisis, brokers said. The Composite Index closed at 679.75, down 16.36 points from the previous session on Dec 26 and some six points off the theoretical ex-dividend
        105 words
      • Article
        MANILA
        558 19 PHILIPPINE stocks closed sharply lower in cautious trading yesterday as the Jan 15 deadline in the Gulf crisis loomed, brokers said. "It is time to exit from the market for some people, whose fear of a war heightened with the approaching date given for the Middle East conflict," said
        558 words
      • Article
        Untitled
        354 19 In local currency la S$ la US$ day year day year day year JAN 02 Index change change change change change change World 357.5 -0.2 -0.2 0.6 0.6 0.4 0.4 iEafe 467.8 -0.5 -0.5 0.8 0.8 0.6 0.6 Europe 360 5 -I.I -I.I -0.1 -0.1 -0.3 -0.3 Pacific 783.0 0.0
        354 words
      • Article
        TAIPEI
        385 19 SHARE PRICES on the Taiwan Stock" Exchange dropped sharply yesterday on the new year's first day trading with the Weighted Price Index plummeting 271.23 points, or six per cent, to finish at 4,258.93 points. The sensitive market opened modestly lower and extended its losing streak throughout the three-hour trading,
        385 words
      • Article
        JAKARTA
        571 19 SHARE PRICES fell sharply yesterday on the first day of trading this year in Jakarta, bringing the official index 9.25 points down to 408.53, and turnover slumped to 1.23 million shares from 5.15 million on Dec 28. Inco and Sampoema were the most traded on the regular market at
        571 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      26 19 Closing prices for ail markets except Taipei are provided by Telerate Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
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  • WORLD STOCK MARKETS
    • New York prices off to a weak start
      • Article, Illustration
        NEW YORK
        1015 20 NEW YORK stocks sagged broadly on Wednesday on the first trading session of the new year, despite a jump in bond prices, a big decline in crude oil prices and widespread feeling that the Fed will continue to cut interest rates. Oil prices slumped US$l.95 a barrel to
        1,015 words
      • Article, Illustration
        LONDON
        758 20 SHARES closed lower on London's Stock Exchange on Wednesday, but above the day's lows. London traders said an upswing in the Dow Jones industrial average sparked a modest rally in the British market in the afternoon. Prices were depressed earlier in the session by fears of a war in
        758 words
      • Article
        AMSTERDAM
        341 20 DUTCH shares continued their 1991 hangover in early trade yesterday, losing further ground in lethargic trading. Dealers said there was no sign yet that 1991 was going to bring the improvement in share prices lacking in 1990. The rebased CBS tendency index was 0.1 lower at 78.7 (end 1989=100),
        341 words
      • Article
        Untitled
        77 20 Jan I Close Previous NEW YORK Dow Jones 2.610.64 2.633.66 -23.02 NYSE Financial 121.18 122.07 -0.89 S&P 500 326.45 330.22 -3.77 Turnover (million) 126.3 114.1 +12.2 LONDON Financial Times 30 1.655.7 1.673.7 -18 FTSE 100 2.128.3 2.143.5 -15.2 Turnover (million) 234.1 129.9+104.2 AMSTERDAM CBS Tendency Index 78 77.3 -0.7 FRANKFURT
        77 words
      • Article
        BRUSSELS
        228 20 BELGIAN shares ended generally lower in extremely thin trading on Wednesday with arms maker FN being the exception to the rule, dealers said. Volume was a meagre 168 million francs. "It's sad. There's really nothing. Apart from FN everybody was asleep," one dealer said. FN's ordinary shares jumped about
        228 words
      • Article
        FRANKFURT
        344 20 GERMAN shares were trading near Wednesday's closing levels around thirty minutes after the bourse opening yesterday, but dealers said the mood was still very unstable after Wednesday's 2.3 per cent plunge in prices. By 1005 GMT, the 30-share DAX index had inched down 0.80 points to 1,365.30. It had
        344 words
      • Article
        JOHANNESBURG
        433 20 JOHANNESBURG gold share prices opened mostly lower yesterday, after the bullion price eased to around US$3B7 an ounce, dealers said. Vaal Reefs opened 3.50 off at 213 rand while Kloof eased 40 cents to 31.50 rand and Harties dropped 40 cents to 18.50 rand. Elands edged 25 cents lower
        433 words
      • Article
        PARIS
        117 20 FRENCH share prices opened lower yesterday but then swiftly rallied, sup- ported by a stronger domestic bond market and some New Year bargainhunting, dealers said. The CAC-40 index opened 4.56 points down at 1,500.54 but then executed a rapid about-turn and was trading 19.42 points higher by 9.30 GMT.
        117 words
      • Article
        STOCKHOLM
        64 20 PRICES on the Stockholm bourse moved further down in the early session yesterday marked by foreign declines and fears of a Gulf war, but dealers said trading was "drowsy" and few deals were concluded. By mid-morning, the bourse general index was down by 1.21 per cent to 826.62 on
        64 words
      • Article
        TORONTO
        291 20 TORONTO stocks ended a slow, lacklustre session on Wednesday sharply lower after jitters over the Gulf and the US economy sent investors scurrying to the sidelines, dealers said. "Usually the first day of the New Year is not good anyway," one trader said. The composite index lost 17.39 to
        291 words
      • Article
        Untitled
        121 20 Milan Jan 2 I ire Ass Gen ***** -500 Bastogi 272.25 -3.75 Fial 5315 -175 Finsider susp IfiPnv ***** -209 Italccmcnti Ord... ***** 4-240 I taigas 2748 +48 Magneti M Pf 865 -21 Mediobanca ***** -260 Miralanza Mondadori Priv susp Montedison 1350 -35 Olivetti Ord 3131 -89 Olivetti Priv 2599
        121 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback under pressure after indications of recession
      1173 21 FOREX MARKET REPORTS Reuter THE US DOLLAR opened weaker against most currencies in Europe yesterday as worries about the chance of a war in the Gulf took a back seat to mounting evidence of economic recession in the US. A drop in the
      Reuter  -  1,173 words
    • Article
      Lock icon T-Bills likely to benefit from Gulf uncertainty
      422 21 Reuter US TREASURY BILLS may begin 1991 in high spirits favoured by investors uncertain about the Mideast and likely to benefit from any further Federal Reserve monetary easing, economists said. The crisis over Kuwait will likely loom ever larger as the United Nations'
      Reuter  -  422 words
    • Article
      Lock icon Berlin counts cost of illegal currency gains
      156 21 AP COMMUNIST-RUN businesses and currency speculators in Berlin made an estimated 1 billion marks (US$666 million) by manipulating currency transactions during German reunification, an official said on Monday. Berlin Justice Senator Jut- ta Limbach said officials have identified 54 specific cases where people
      AP  -  156 words
    • Article
      FINANCIAL FUTURES
      1099 21 ■B EURODOLLAR 9 Open High Low Sett Est Vol Op/Int Vot 9 Mar 91 92.84 92.87 92.84 92.86 2450 ***** 1512 Jun 91 92.97 93.01 92.97 93.01 2200 9378 382 Sep 91 92.85 92.89 92.85 92.89 550 4050 207 8 Dec 91 92.51 92.56 92.51 92.56 250 3332
      1,099 words
    • Article
      INTERBANK FOREX RATES
      389 21 Cross rates Jan 3 I USS SS MS Dm Yen SFr AS NZS USS 1.7405 2.7060 1.4900 134.35 0.5152 1.2635 1.2912 1.6892 SS 0.5745 1.5547 0.8561 0.7719 0.2960 0.7259 0.7418 0.9705 MS 0.3695 64.32 0.5506 0.4965 0.1904 0.4669 0.4771 0.6242 Dm 0.6711 1.1681 1.8161 90.17 0.3458 0.8480
      389 words
    • Article
      MONEY MARKET
      564 21 Interbank rates SS Bid Offer Overnight 4 3/4 4 7/8 1-month 4 3/16 4 5/16 2-month 4 5/16 4 7/16 3-month 4 7/16 4 9/16 Overnight mode: 3-1/4 IS$ Jlid Offer 7 days 7 5/16 7 7/16 1 month 7 5/16 7 7/16 2 months 7 5/16 7
      564 words
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  • COMMODITIES
    • Article
      Lock icon Iranian 'sour' crude permitted in US again
      433 22 Reuter IRANIAN crude oil, barred from the United States since 1987, could start flowing to the US again now that Washington has eased import restrictions. But industry officials doubt that US ports are about to be jammed with tankers from the Gulf nation.
      Reuter  -  433 words
    • Article
      Lock icon China starts rail shipments of oil from Tarim Basin
      275 22 AP OFFICIAL MEDIA said China began shipping crude oil on Tuesday by railway from the Tarim Basin, a northwestern area believed to hold some of the world's largest untapped reserves. The official Xinhua News Agency reported that 1,800 tonnes of crude
      AP  -  275 words
    • Article
      Tin closes two sen lower on easier London trade
      843 22 REPORTS THE Kuala Lumpur Tin Market closed two sen lower yesterday at M$ 14.84 a kg following the easier trading on the London Metal Exchange. Dealers said the LME was down by US$35 and the market lacked interest. Demand was poor
      843 words
  • Article
    PRICES
    1356 22 Rubber Jan 3 IMIWIlhlw) Scents/kg Noon Close Int I RSS Prompc 15I.(XVI52.00N 150.00/***** Int I RSS Feb 91 152.00/152.50 151.00/151.SON lnt I RSS Mar 152.50/153 00 151.50/I52.00N Int 2 RSS OP 149.25/151.25N U8.7VI50.75N Int 3 RSS OP I44.25/I46.25N I43.7V145.75N Int 4 RSS OP I40.2V142.25N I39.7VI4I.75N Int 5 RSS OP
    1,356 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      784 22 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF PRECISION MICROFILM SYSTEMS PTE LTD (la Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 122 Middle Road #06-08, Mldllnk Plaza, Singapore 0718, on Saturday, 29th December, 1990 at 10:30 a.m.
      784 words
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      Page 22 Advertisements Column 2
      794 22 IN THE MATTER OK THE COMPANIES ACT, CAP. M AND IN THE MATTER OF COUNBEL INVESTMENT (S) PTE LTD (la Members' Voluntary Liquidation) Special Resolutions At an Extraordinary General Meeting of the members of COUNSEL INVESTMENT (S) PTE LTD duly convened and held at Bond Centre, East Tower, 40th Floor,
      794 words
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      Page 22 Advertisements Column 3
      7 22 Executive Jobs every Saturday in Business Times
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1108 23 City Flight ETA Flight ETD Abu Dhabi GA894 0010 GA890 2225 GA970 2335 GA976 2340 Adelaide Qf7 1750 SQ227 2130 Amman RJ182 1400 Amsterdam KL835 1505 SQ42 0100 SQ23 1815 KL836 2150 SQ24 2215 GA890 2225 Athens SQ45 0805 SQ24 2215 Auckland NZ35 1530 BA11 1255
      1,108 words
    • Article, Illustration
      Japanese invade Pacific island
      593 23  -  LETTER FROM SAIPAN By Ed Rampell JAPANESE tourists, armed with golf clubs and bundles of yen are reconquering the Micronesian islands in the Western Pacific that Japan lost to the US nearly 50 years ago. "The yen has taken over," complained Saipan tour guide Guy Gabaldon,
      593 words
    • Article
      MONEY CHANGER RATES
      154 23 As at 3pm yesterday: local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar ***** 1.3600 Canadian dollar 1.4880 1.5080 NZ dollar 1.0200 1.0500 Sterling pound 3.3600 3.3900 US dollar 1.7330 1.7430 IxksI dollars to 100 units of foreign currency Austrian schilling 16.30 17.30
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      106 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Jan 19-27 International Germany Stuttgarter (46)711/2589-0 Feb 7-12 International Valencia. Feria Muestrano ********** Exhibition For Messe Und Toy Fair Spain International Caravaning, Kongrcss akncia Motoring Tourism Peb 9-17 International Hambufg Hamburg Messe *****569-0 Jan 21-24 Middle East
      106 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      60 23 Sex symbols However people will never see me as a sex symbol. I don't want to be daring for the sake of being daring. I feel healthy so I dress to reflect my mood. When it comes to V" posing in sexy outfits, I will on/)) let those /ru.v/ tata
      60 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      314 23 across —f~] —p ——n —n —n —h Basic seamanship presents aM mI^H no problems(s,7) ___J^L__^H__J^L__^H__HB__HB__JB|H 8 The sort of cast a horos- B copist should provide for 9 Domestic vice is tar- H H H geted(s,2) 11 H l2 11 Experience what it's like to mmt hJ LJ— —~~Lh| use
      314 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      210 23 Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 30.9* C Assoc humidity 70% Minimum temperature 25.1° C Assoc humidity 93% Hours of sunshine 7.60 Rainfall in mm 0.3 Rainfall this month 5.0 Rainy days this month 2 World forecast Asia-Pacific Ili/IjO* Cond. Auckland 20/14 Fair Bangkok
      210 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      39 23 f DON'T MOU NO 1 WASTOO involved LOTH kp^CN, f Vou HPkD Pi good Tmoei I cu>uDe.-Tre-, locy c>ndn I~M£_ \f i JOSePH«rJe,JP\NEL V DPvNCe LfsST CLA INC.. JUDITti fiND QWC OR XjQ EVENING STANDARD CO LTD 1»«2-1»»0 lC^*
      39 words
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  • Article
    Neste plans 30pc stake in US$ 1.5b proposed plant
    492 24  -  Petrochem facility would be focal point of growth By Genevieve Cua NESTE CHEMICALS is currently negotiating for the establishment of a petrochemical facility in the region in which it is keen to take a stake of roughly 30 per cent. Neste
    492 words
  • Article
    Region will be S'pore's buffer against slowdown
    346 24  -  By Chuang Peck Ming SLOWER economic growth in the developed countries will continue to filter into Singapore in the next six months, but the economies in the region are still strong enough to give the Republic some buffer against the impact of the
    346 words
  • Article
    Lock icon Hanoi publishes new law to boost private business
    333 24 Reuter VIETNAM'S communist government published a new law on private business yesterday which it hopes will boost private enterprise while avoiding fraud and other economic crimes. The Law on Private Business, which was signed by the head of the National Assembly on
    Reuter  -  333 words
  • Article
    Lock icon PM Goh to visit Jakarta
    127 24 AP PRIME MINISTER Goh Chok long will visit Indonesia next Wednesday and Thursday his first official trip abroad since he became Singapore's prime minister last November, a senior Indonesian official said yesterday. Mr Goh, to be accompanied by a number of ministers, will hold talks
    AP  -  127 words
  • Article
    CTE tunnels ready before year's end
    368 24  -  By Selva Kumar SINGAPORE'S first two underground road tunnels, part of the Central Expressway (CTE) extension project, will be open to motorists before the end of the year. "Structural work on the North Tunnel was completed in November last year and the CTE extension
    368 words
  • Article
    Lock icon Asean holds emergency oil sharing talks
    396 24 Reuter SENIOR officials of Asean's national oil companies began a two-day meeting in Manila yesterday to firm up plans on how to cope with a possible oil crunch should a shooting war erupt in the Persian Gulf. Toping the meeting's agenda is the implementation
    Reuter  -  396 words
  • Article, Illustration
    Tin price plunges to 50-month low of M$ 14.84
    398 24  -  By David Chew THE PRICE of tin has plunged to a 50-month low of M$ 14.84 per kg, no thanks to illegal mining in Brazil and China, said analysts yesterday. With consumption remaining low, tin stocks on the London Metal Exchange
    398 words
  • Article
    Loke queries routine, say police
    244 24 POLICE yesterday described as "routine" a request they had made to banks for information relating to the banking accounts of the late Loke Yoon Kee and his wife, Mrs Tammie Loke. They were responding to a BT report yesterday which said that the Association of
    244 words
  • Article, Illustration
    Lock icon Concentrate on economy, Deng tells party leaders
    377 24 Reuter NYT SENIOR Chinese leader Deng Xiaoping has told the Communist Party not to quibble over terminology but to concentrate on improving China's stagnant economy, a party source in Beijing said yesterday. Mr Deng's remarks, made to party leader Jiang Zemin, Premier Li
    Reuter; NYT  -  377 words
  • Article
    Lock icon Malaysia expects more visitors this year
    204 24 Bernama MALAYSIA is expected to draw more than seven million tourists this year, more than the number last year, although neighbouring India and Indonesia have declared 1991 a tourism year, according to Culture, Arts and Tourism Minister Datuk Sabbaruddin Chik. Last year, during "Visit
    Bernama  -  204 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      6 24 Nikon The World's Finest Photographic Systems
      6 words
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      Page 24 Advertisements Column 2
      134 24 Nikon The World's Finest Photographic Systems organized by ACM SIGIR and the Institute of Systems Science. NUS TUTORIALS January 14 January 15 Multimedia Technology Designing User-Oriented Task-Driven Hyperte>a Systems Optical Disk Techology An Object-Oriented Design Approach to Multimedia Communications "conference January 16-18 Context-Based Retrieval. Access Methods. Interfaces. Delay-Sensitive Data Retrieval.
      134 words
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      Page 24 Advertisements Column 3
      8 24 Campaign will worsen Indonesia's tourism woes, Pg 6
      8 words
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  • Shipping Times
    • Article, Illustration
      Jurong Shipyard wins exclusive shiprepair deal
      389 25  -  By Dexter Lee JURONG SHIPYARD has clinched another exclusive shiprepair contract, bringing its tally of such long-term deals to five within a span of two years. The latest contract is from Bergen-based Westfal Larsen Co AS, which has confirmed placing four product/chemical carriers with
      389 words
    • Article
      THAI turns in profit for 26th consecutive year
      510 25 THAI International announced an operating profit before tax of 6,754 million baht for the financial year ending Sep 30, 1990. According to the Bangkok Post, THAI chairman and RTAF C-in-C ACM Kaset Rojananil said the result was the second highest in the
      510 words
    • Article
      Lock icon Goodrich completes Hercules purchases
      125 25 UPI THE B F GOODRICH Co has completed the purchase of various businesses from the Hercules aircraft and electronics group for US$l69 million. "This acquisition strengthens our aerospace business and adds to the earnings capability of this segment," Goodrich chairman John Ong said. He said growth
      UPI  -  125 words
    • Article
      Lock icon Americans making safer cars, says long-time industry critic
      517 25 AP CAR BUYERS no longer need fear buying an American car, a long-time critic of the industry said yesterday in releasing his annual guide to the new models. "Prospects for a consumer finding a pretty good car in the 1991 batch are
      AP  -  517 words
    • Article
      Scandutch Consortium to break up at year-end
      336 25  -  By Rahita Elias MEMBERS of the Scandutch Consortium, a Europe-to-Far East shipping group, will go their separate ways at the end of this year, about one year ahead of the Dec 31, 1992, target. After the break-up, three of its members Malaysian International
      336 words
    • Article
      Lock icon Thai port authorities acquitted of breach of contract
      293 25 Bangkok Post THE Port Authority of Thailand (PAT) was recently acquitted by the Civil Court on a charge of breaching a contract. The case was filed by Bangkok Cranage Corp, which demanded that the port agency pay it 583.72 million baht in
      Bangkok Post  -  293 words
    • NEWS SUMMARY
      • Article
        Little yen for Europe
        40 25 DESPITE the blessing of the Japanese Ministry of International Trade and the tacit approval of the Ministry of Transport, Japanese carriers are approaching the opportunities of the single European market with their usual caution Page 2
        40 words
      • Article
        Dry cargo market ends the year weaker
        82 25 THE dry cargo market closed the year considerably weaker than it was at the beginning of 1990. A year ago the Baltic Freight Index stood at around the 1600 point level, whereas today it is struggling to keep close to the 1450 mark.
        82 words
      • Article
        Car and truck sales in US drop
        47 25 SALES of domestically made cars and light-duty trucks in the US during mid-December fell 19 per cent from already weak year-ago levels, with analysts blaming the lingering Gulf crisis and the faltering economy for the slow showroom traffic Back Page
        47 words
      • Article
        Northern Telecom pledges to be CFC-free
        37 25 NORTHERN Telecom Ltd on Wednesday said it has eliminated chlorofluorocarbons from its two largest plants in North America and that the company's worldwide operations will be CFC-free by year-end Back Page
        37 words
    • LO GBOOK
      • Article
        AT&T reduces long-distance rates
        50 26 WIERICAN TELEPHONE TELEGRAPH Co (AT&T) announced on Wednesday that it had reduced its interstate .tnd international long-distance rates by US$B3.4 million a vear as of Tuesday. The reduction is U5549.5 million more than AT&T predicted in a filing on Dec 18 with the Federal Communications Commission.
        50 words
      • Article
        Toyota model wins top car award
        66 26 THE JAPANESE-BUILT Toyota Lexus LS 400 has beaten its European rivals to win the H heels motoring magazine 1990 car of the year award. Seven years in the making and reported to have cost "billions ot dollars to develop, the Lexus model, priced at
        66 words
      • Article
        American Airlines apologises
        64 26 AMERICAN AIRLINES sought to mend fences with passengers for service problems the carrier claims were caused by a sick-out by its pilots, but it ended up ruffling feathers in other quarters by misidentifying the union representing American's pilots. In full-page advertisements appearing on Wednesday in major newspapers,
        64 words
      • Article
        Peugeot increases prices
        73 26 PEUGEOT MOTORS of America said on Wednesday it is raising prices an average of 1.5 per cent, or US$279, on its 1991-model cars because of the continuing weakness of the US dollar. Peugeot's least expensive model, the 405 DL sedan, increases US$l9O, or 1.2 per cent, to
        73 words
      • Article
        Study on epileptic drivers
        63 26 A STUDY involving more than 30,000 drivers found those with epilepsy and diabetes had only slightly higher rates ot traffic accidents than others. The increased accident risks are smaller than previous studies indicated and suggest that further curbs on driving privileges for epileptics and diabetics are
        63 words
      • Article
        Railway drivers go on strike
        52 26 HUNGARIAN RAILWAY DRIVERS staged a two-hour wage strike during peak hours on Wednesday causing chaos on commuter networks, Hungary's news agency MTI reported. The strike, which drivers said was a "warning action", came after talks between drivers, railway authorities and the Railwayman Union broke down
        52 words
      • Article
        Delta crew blamed for crash
        66 26 A FEDERAL APPEALS COURT agreed that a Delta Air Lines flight crew was to blame for a 1985 Dallas crash that killed 137 people during landing in foul weather. A threejudge panel of the sth US Circuit Court of Appeals on Wednesday said the crew
        66 words
    • Article, Illustration
      Lock icon Little yen for Europe
      1209 26 While the vision of a united Europe presents opportunities for Japanese manufacturers which they are quick to seize, the response of Japanese carriers, botn sea and land, is more cautious and restrained Overseas Digest Despite the blessing of the Japanese Ministry of International Trade and the
      Overseas Digest  -  1,209 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      581 26 Carbon I Cartoon Dec 27 DemrtjWater Residue Ash Aktmnun Sedment PtrertyWater Resrtue Ash Atoiww Sedmewt tM/M M/M Euon lnon KG/M*31 V/V M/M M/M PPM method KG/M*3% V/V I M/M M/M PPM method isO/Cimac hurts Spec E25 9911 0 15 0 0 10 30* 0.10* q o
      581 words
    • Article
      THE SHIPPING GUIDE
      12774 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,774 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        603 41 Ve*Ml Voy No Berth Am*al D«p*tif« Vessel Jjoy No Bert) ArmaI Deparh*e Kappd Wharves Scmbawang Andaman Pees 01A/90 (P K36 alongside 0301/2030 Cheloo 2S S02 ator*s«ie 04 01/1530 Con Furano 14A18 H33 atongs.de 04 01/2300 Fayrom 1 STA11 SOI alongside 030 /1230 Kota Warm E-880 K32 atoreside
        603 words
      • Article
        CONTAINER SCHEDULE
        1253 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookrt/Batance Rdts Sty Voy No Etb/Btr Period From To From Ag Rose 7A 04/1500 1 03/1500 03/1659 03/1900 Ac* Rose 7B 06/1300 3 04/0700 04/1159 04/1400 4 04/1200 04/1459 04/1700 Ad Goncharov ***** 06/0900 3 04/0700 04/1159 04/1400 wx1cnarov
        1,253 words
      • Article
        IN MALAYSIAN PORTS
        389 41 Port Klang Berth at South Port on Jan 1\ 1: nil; 2: Queen Chie; 3: Jin Ji Ling; 4: Swee Ann Satu; 5: ml; 6: Pelego Iso, 7: New Line No 1; 7A: Pernas Safari; J Shell: nil. KCT: 8: Uni Master; 9: Anna Maersk, 10: Tokio
        389 words
    • Article
      DAILY FREIGHTS
      1040 41 TIME-CHARTERING was active on an otherwise quiet dry cargo freight market on Wednesday, brokers said. Vessels fixed were mostly Panama* sized and on trans-Pacific routes, fetching daily rates between USS7.OOO and US$ll,7OO. Grain fixtures remained limited and no new grain enquiries were forthcoming. One 23,500 long ton wheat
      1,040 words
    • Article
      Lock icon Dry cargo market ends the year on weaker note
      619 42 International Transport Journal THE dry cargo market closed the year considerably weaker than it was at the beginning of 1990. A year ago the Baltic Freight Index stood at around the 1600 point level, whereas today it is struggling to keep
      International Transport Journal  -  619 words
    • Article
      Lock icon Car and truck sales in US drop
      646 42 FT SALES of domestically made cars and light-duty trucks in the US during mid-Decem-ber fell 19 per cent from already weak year-ago levels, with analysts blaming the lingering Gulf crisis and the faltering economy for the slow showroom traffic. Sales of domestically built
      FT  -  646 words
    • Article
      Lock icon Northern Telecom pledges to be CFC-free
      318 42 UPI NORTHERN Telecom Ltd on Wednesday said it has eliminated chlorofluorocarbons from its two largest plants in North America and that the company's worldwide operations will be CFCfree by year-end. Northern Telecoms Research Triangle Park, North Carolina, and Brampton, Ontario, facilities began 1991 production
      UPI  -  318 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      176 25 Some Reasons For MSIMSMS HIEHaY OVERSEAS EDdION V 4 v Jfc f I*-*—' %'jmF Vv" V For other reasons, send in your subscription now. Please send name: Name: Address: Address: Occupation: Occupation: j Tel: Tlx/rax: Tel: Tlx/Fax: f S AIRMAIL SUBSCHIPnOO RATES: j I want to subvribe for months at
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      Page 25 Advertisements Column 2
      33 25 Your son is studying overseas. And you want him close to home with news from home. To your principals and business associates overeeas, The State Times Weekly is like a cotmby report W
      33 words
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      Page 25 Advertisements Column 3
      145 25 SSWEE HBUG METAL CO PTE LTD •3, TUAS AVE 1«. SINGAPORE 22H TELE* RS 2067# SMMCW. TEL: 861 5855(3 knM> TELEFAX Ml 2M« llfl 1 jj Torqu* smufOM. tuutsu Comrartw riIAtUUW, Koom.'h I •DM LPO run irrnri eCH m< AJMH ConttKVß K«ndl»r» «nrf SWh aim buy. M«. >«nM r«pw BRITISH
      145 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      95 26 FOR WHO, WHAT, WHERE AHD WHEN IN THE 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 in
      95 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2166 27 JAROINE SHIPPING AGENCIES mmfllvv 200 Cantonment Road #12 05 Southpomt, e 0208 J vllffVF *****11 telex no rs ***** IVf lIIIVI TERMINAL CES Tel *****18 220 BfiCra 'l BOOKINGS Tel *****34 235 J >ESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL. *****18 TELEX NO MA***** MA***** PENANG TEL *****4
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      Page 27 Advertisements Column 2
      1300 27 INDEX TO ADVERTISERS I P«*e Col Page Col A Line Fast Ptc 14 1 Liner Shpg 16 3 ABC Containcriine 13 5 Li/ena 15 I Accord Group 8 1-3 «Lloyd Brasilciro 12 3 AFS 15 I aUoyd Triestino 4 1/2 6 a I Lucky Seaway 15 3 KSX is 5
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      2199 27 NEXT MIDDLE EAST SAILING TORBEN MAERSK V.9101 ETA SIN 11/1/91 Vessel Voy ETA j EfD 'Port 'Penang DESTINATIONS Singapore Kelang Tht* «efk M«rgre*M> Maertt 9103 TeeOer by •,'t oaou i«rs SH CFS 7/1 ZJS9 MRS M lauro OAK LGB HOU MEM ATL MIA CMS BAL PML NYC MON TOfl MARGRETHE
      2,199 words
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      1226 28 1 ROTTERDAM/ VOY NO S PORE P KEIANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP IE HAVRE CITY Of EDINBURGH 93/503 6/1 23/1 26/1 28/1 TOKIO EXPRESS 97/505 12/1 29/1 31/1 3/2 BENAVON 98/508 20/1 6/2 8/2 11/2 MONTE ROSA 11/507 24/1 18/2 12/2 11/2 1//2 KASUGA 13/511 27/1 13/2 15/2 18/2 BREMEN
      1,226 words
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      Page 28 Advertisements Column 2
      496 28 SIN NOU SUV PPT 1.. J. BONTANCJ 21-28/1 9/2 11/2 16/2 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA i NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CALLAO SAN (PERU) ANTONIO L J BONTANG 21-28/1 1/3 2/3 5/3 6/3 7/3 Cjlljo or Santiago via Valpa Agents: SINGAPORE:
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      Page 28 Advertisements Column 3
      1462 28 EH nmmmmm &ssm 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 SUSAN 9044 3 06/01 27/01 28/01 02/02 03/02 04/02 05/02 06/02 07/02 NORASIA SHARJAH 9045-3 14/01 04/02 05/02 09/02 10/02 11/02 *****
      1,462 words
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      1785 29 ssfijgSteamers Maritime Holdings Ltd PfrO m IV STRAITS SHIPPING WnfL CT *3 SIHHOT® to BruMi, East Malaysia, Containers mj» m Voy No PKlang S'pore S'ton H'bui| B'haven If dam leh ACCEPTS DUE SAILS CITY Of EDINBURGH 93/SO3 TEX 31/12 06,01 23.1)1 2VOI ***** CARGO TORIO EXPRESS 97/505 *BAN O/Ol 13/01
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      Page 29 Advertisements Column 2
      1684 29 TO: EUROPE TO: FAR EAST SPORE MK KM KOI Ml SP LH ROM HAM B'HVN fl" TLX HANJIN FEUXSTOHE 005E 11/1 Mg JVJ JW {J/1 HANJIN ROTTERDAM OUW 7/1 W1 *1 Vl\ »1 *1 W1 !U Hl\ 2VI »1 IW CMOYANG VICTORY 00* WWW WW W W 2VI W W
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      Page 29 Advertisements Column 3
      385 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO 4 HEAVY LIFTS VESSEL CHAMPION AMBALIKA TANJONC SEKI TRADER PfllOK PINE VOY NO 14 I 25 Spore S/l 7/1 J/1 22/1 P. Kelang 7/1 1/1 11/1 24/1 Ptnang 13/1 Yangon Mongta Chittagong Calcutta Yokohama 22/1 24/1 Nagoya 20/1 22/1 Osaka Senboku 11/1 20/1
      385 words
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      683 30 iVikl CR NBR **********C-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSJVOY S PORE RDAM,ADAM H BURG BREMEN ANTWERP THYSEN 1" Mfl 23/2 27/2 2/3 5/3 MATARAM/2WTB 8/3 13/3 16/3 20/3 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sutyact to Inducement. Atso accepting cargo to Caaablanca. Port Said Port Alexandria. Ganoa. Trieste ALSO
      683 words
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      Page 30 Advertisements Column 2
      992 30 HANJIN SHIPPING I yy FULL CONTAINER SERVICE I S pore IIEH RTM ANR HA* BRV FtL FttDCR VSL SIN LINE HAUL LA* OAK HANJIN ROTTERDAM 012W 7/1 23/1 24 1 2S/I 2VI 27/1 21/1 HANJIN FELIXSTOWE OOSE 12/1 H OAKLANO 0121 11/2 14/2 CHOYANC VICTORY 002W 12/1 130/1 31/1 1/2
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      Page 30 Advertisements Column 3
      1279 30 m_4ji -J .T IPKL SCP HKC KSG KIC PUS HKT OSK NCY SMZ TYO LAX CHS BAL NYC LHV ANW RON THP MSG PSO CUB PKL SGP I E GROWTH Rl-OJO 2/1 In Pi *1 *1 11/1 14/1 I*l lUIMW9H IHWW W S)2 2*2 IP 1/3 13/3 23/3 27/3 2*3
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      1729 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO. **********0E) S BOOKINGS: !J/ UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48\ TERMINAL OFFICE :*****22 DOCUMENTATION OEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 KaT-(03) E *****3^ H |pK*ang-(03) *****87, Penang-(M) *****0, J.Bahru-(07)
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      Page 31 Advertisements Column 2
      1099 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND I VESSELS VOYACE [STOW [MANILA HKOMC VOYACE SPOKE PKLANG HBURC B HAVEN TILBURY
      1,099 words
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      1479 32 K" v r-" mm mm v as agents kawasaki Singapore <pte) ltd icrmo i*****3Q000m» I TEL *****77 TELEX KAWAKI R*****5 FAX *****79 I M I I ■\J MALAYSIA HARPER WIRA SON BHD I Mi A TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 IHHfIHi KAWASAKI KISEN KAISHA, LTD. INDONESIA
      1,479 words
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      Page 32 Advertisements Column 2
      779 32 \jm PHIU-ORICNT UN€S PTC LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHHJ FAX *****76/*****38 BY AIR land OR SEA... SjKaigr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5 JAN MONTREAL, Ottawa, toronto, VANCOUVER, S'WESTERN ONTARIO.
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      Page 32 Advertisements Column 3
      454 32 1-3*5-, GOLDEN LINE "N GUAN GUAN shipping (PTE) LTD V 4 3, Telok Aver Street SINGAPORE 0104 TEL: SM3M (10 LINES) Fax: S343SM (CR No 10U9S*****W) rnunf/WMiAN owi wvki S'pore P Keiang Penenj COL DIN BEAR Colombo/ HncttfMa In Pt GOLDEN HAVEN Cokxntx) Karacfti Dubai lfcll J»n am a «e»vick
      454 words
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      Page 33 Advertisements Column 1
      1462 33 PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #03-00, Singapore 0106 JAKARTA l I BANGKOK 1 EOEN EL MM S i N 1 J T 1 To* PEGASUS PIOMEER IMB6 5/1 6/1 IWI M/UApamit 111* OTA PAHLAWAN 9101 6/1 13/1 EDEN JHJ? SCA GLORY 9101 7/1 10/1 15/1
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      Page 33 Advertisements Column 2
      1167 33 f BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint 11% Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL Ivov SPORE PKLANG S HAMPTON HAMBURG BHAVEN R'DAM LHAVRE City of Edinburgh f 93/503 6/1 Via TEX 23/1 26/1 28/1 Tokio Express* 97/505
      1,167 words
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      Page 33 Advertisements Column 3
      326 33 'WM* MYANMA Jttftftlk FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI6SVW In Pt MYOMAYWA VI3IW «/10 Jan HPA AN VISBW 4/6 Jan THE BANK LINE (A tervice of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \1
      326 words
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      Page 36 Advertisements Column 1
      827 36 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RON ANT HBG GERMAN SEN WFIO4 5/1 24/1 25/1 27/1 2*/ l PARIS SEN Wf 105 12/1 3/2 4/2 S/2 7/2 SACHSEN *I*lo4 15/1 10/2 9/2 12/2 11/2 1/2 PANAMA SEN WFIO6 23/1 14/2 15/2 17|2 11/2
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      Page 36 Advertisements Column 2
      1289 36 LOADING FOR VESSEL SPORE C6O DSN BAIRES MVIMO RIO STS VIT PAGUA HOSTWCN I 2il 1 11/3 11/4 24/4 JM OPT V ***** 2 DISCHARGING FM BRAZIL VESSEL SPORE HKG MNL KEE YOK NGO KOB MOSTWUN I V ***** 1 21/2 S/3 »1 13/3 Regular BBulk and Container Service Direct
      1,289 words
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      Page 36 Advertisements Column 3
      1277 36 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE EX TE R L S^iocoshi P 2. Ml STRI ROAD, HMC BUILDING PAX *****66 #15 00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: CO6TAR SHIPPING PTE LTD TO EUROPE I FWOM EUROPE VESSEL/VQY SCP nx ROT HAM ANT
      1,277 words
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      Page 37 Advertisements Column 1
      754 37 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! kta USA All IPI Deslns 5/1,11/1 EUROPE all Ports 5/1, 12/1 BANGKOK 5/1, 9/1 HONGKONG/CHINA 4/1, 8/1 SYD, MEL, ADEL, BRIS 6/1, 11/1 FREMANTLE 8/1, 16/1 MANILA 4/1, 11/1 PKLG/PENANG 5/1, 12/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang Branch
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      Page 37 Advertisements Column 2
      256 37 IS RICHFIELD MARINE AGENCIES (S) PTE LTD Sk TEL: *****33 (12 Llnoa) m FAX: *****15/*****03 fTI TELEX: RS ***** RISHIP (3 Linos) Pt\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOR SPORE ABBAV WONZ 27W8 5/02 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      256 words
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      Page 37 Advertisements Column 3
      688 37 MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA i THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****56 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
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      Page 37 Advertisements Column 4
      600 37 ■ppMrnn MHH BANGKOK CEBU/MANILA VESSEL I VOY SINGAPORE T~ BANGKOK ]VESSEL VOY, S PORE CEBU MAHtuT JENLINK »N Fri In Pt Mon 7/1 KITI BHUM 018 In Pt 10/1 12/1 SIR! BHUM#* 474N Fri 5/1 Tu« 4/1 SO. STAR 02A 11/1 17/1 19/1 MAHA BHUM 41N Sun 6/1 Wed 9/1
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      Page 37 Advertisements Column 5
      403 37 I TO AUSTRALIA/NEW ZEALAND |~WSi |s« |Fr«l js* [Audi |*PE |P CMALM tht txpntss S3 w iwi Si an in w W.« i huok a* an *H w iw on bp an mussel as 55 m w W3 I*l c vurauKat Hi m iwi 555 »i ~m m > Ift
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      Page 38 Advertisements Column 1
      1211 38 W a m MAC-NELS SINGAPORE EXPOBT TEL: *****22 IMPOUT TEL; 221«e02~|l ■MflkflllPENANG TEL: <04) *****6 |KK TEL: (088) *****0 TAWAU TEL: (089) *****9 F-TTTzTrTIIp KELANG TEL: (03) *****77 IKUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 r-|\"/\ JIJ BAHRU TEL (07) *****2 IsißU TEL: (084) *****2 LABUAN TEL: (087) *****9
      1,211 words
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      Page 38 Advertisements Column 2
      372 38 ffjfc 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 Ptt auck iyt MANDAMA Ottt 16 Jan J»n Via NPI 30
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      Page 38 Advertisements Column 3
      1171 38 /3P THONG SOON LINES PTE. LTD. f 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOY ETA BEST VEXIEL VOT ETA KIT KIM SOON LI 01/91E 05 JAN PENANG
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      883 39 COMPANIA PERUANA toOl de vapores T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msia KAKULEVERETT 08/09 Jan 10/12 Jan THOMASEVERETT 21/22 Jan 23/25 Jan s KARABIEVERETT 29/31 Jan 01/03 Feb
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      Page 39 Advertisements Column 2
      493 39 VSI [VOY Is PORE hWAIWLINER [LAX IkST |SAV [NYC |HfX LEEWARO U 7/1 im HAIFA S(2 lAfl 17/2 11(7 21/2 2IM ELAT WE 10/1 ZIM HAIFA Sf! 14/2 17/2 19/2 W2 A VESSEL 12/1 2IM HAIFA 5/2 14/2 17/2 I*2 21/2 ZIM PIRAEUS 124E 11/1 2IM AMERICA 14/2 2V2 2M
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      Page 39 Advertisements Column 3
      634 39 M' SING KWANG HANGI I SMfMM A THAMSPOMTATWM (TTI) LTD WEEKLY LCL/FCL SERVICE I VESSEL IS PORE JAKARTA SURABAYA RAJA BHUM V 74S 05/1 EQUATOR JOY V lON 10//1 I— |W1 VESSEL S PORE BANGKOK A VESSEL 09/J 12/01 A VESSEL 16/01 [_WOl DESTINATIONS ETA SINGAPORE PORT KELANG 4 J
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      Page 39 Advertisements Column 4
      601 39 r» PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOR 969 05/01 08/01 PHASE TIA 135 A 10/01 13/09 PELOPOR 970 12/01 15/01 PRASE TIA 137 A 17/01 20/01 TANTO UTAMA 131 IN PORT 09/01 TANTO UTAMA 133 11/01 14/01 TANTO UTAMA
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      422 39 SIN FAN EAST 6/1 KEELUNG/KAOHSIUNG 5/1 BANGKOK r 7/1 MANILA/CEBU 5/1 JAKARTA/BELAWAN/SURABAYA 5/1 PORT KELANG/PENANG/E. Malaysia 8/1 BUSAN 6/1 TOKYO/YOKO/KOBE/NGO/OSA 7/1 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUIMPE/UH 5/1 LDN/FLX/LVP/SOU 5/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. Sin bsa/canapa 4/1 LOS ANGELES/NEW YORK all IPI
      422 words
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      Page 40 Advertisements Column 1
      717 40 /u, CB SHIPPING MARINE SERVICES NORTH QUEENSLANO/PAPUA NEW GUINEA SERVICES CONTAINER/LCI/BREAKBULK SERVICE "ANKE" SERVICE SP£ POM MIStMA LAE TVIILE V 2056 l/l 12/1 tVI W 11/1 JAK SP£ POM MISIMA LAE TVIUE V2ISB 30/1 1/2 11/2 w IV2 If It HB: LA£ CARGO ISHIP SAN J UAH' POM BUNKER SURCHARGE
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      Page 40 Advertisements Column 2
      975 40 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B A V 27CW90 17/1/91 9/2/91 10/2/91 15/2/91 KM V24-90W 18/1/91 12/2/91 2/2/91 7/2/91 S G V 25-90W 27/1/91 24/2/91 13/2/91 18/2/91 GM V2BCE9O 26/1/91 19/2/91 21/2/91 26/2/91 KVU V 01WB90 30/1/91 20/2/91 Al SO ACCEPTING CARGO
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      Page 40 Advertisements Column 3
      500 40 GF* OCEMService HAS CHANGED ITS NAME TO CUJi COfl-WRV MTEFtmODRL REGULAR LCL SERVICE FROM 600 TERMINALS IN USA TO SINGAPORE, MALAYSIA, INDONESIA, AND BRUNEI. Central Agantr 773AASS~L/AffC PENANG KL: allied-link SINGAPORE: Mht 04-*****2 09-*****55 778 6522(22 lines) StrA Marina Ong Suaan Ng/Chrlatlna CWaw Dolly Mlrpuri/Ealhar Yap /fjPp lp\//EO SHIPPING AGENCIES
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      Page 40 Advertisements Column 4
      485 40 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE I P T. ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABATA TAKARI IV 4048 04 JAN OS JAN TAKARI I 1666 07 JAN OS JAN TAKARI IV 4050 U JAN 13 JAN TAKARI I 1661 14 JAN
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      572 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 *****100 1200 ***************0 *****1001M0 2000 2100 2200 2300 ft 20 24 26 26 24 18 14 1.1 1.1 1.2 16 22 30 34 3.4 3.1 26 19 1.2 0 7 05
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      Page 42 Advertisements Column 1
      258 42 I W KWANG CHUN TRADING ENTERPRISE /S) KWE-Kintetsu World Express (S) Pte Ltd (SEA FREIGHT DIVISION) WEEKLY CONSOLIDATION SERVICE TO JAPAN FCL/LCL TOKYO/YOKOHAMA/ 8/1/91 KOBE BANGKOK 8/1/91 KEELUNG/KAOHSIUNG 8/1/91 HONGKONG 8/1/91 TEL: *****66/7/8 TLX: R*****1 FAX: *****20 ""■■V PERKINS SHIPPING PERKINS JZLZZ. DIRECT SERVICE TO DARWIN WITH CONNECTIONS TO PT.
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      716 42 JkHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK StA HKG SIN COM PASCAL 01E 12/1 17/1 4/2 7/2 10/2 9/2 HYUNDAI PIONEER 36W 4/12 7/12 10/12 21/12 6/1 HYUNDAI EXPLORER 37E 19/1 24/1
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      Page 42 Advertisements Column 3
      549 42 CHARTPOINT Every Saturday in Business Times EXPOR^O^ UK/CONTINENT (TRIO) Hamburg to Copanhjftn. Ajrhut. CoUMfltourg. Milmo, SPORE IS'TON H BURG SHAVEN DAM lEN H*w*i Stockholm HONG HONG EXP *»1 XI 24.1 22/1 24/1 211 27/1 Rotttntam to Antwerp Amtertai. 0»lo Helsinki CITY Or EOINBURC il 403 M 21)1 24.1 211 Br«i»»ntuv««
      549 words