The Business Times, 7 January 1991
1991-01-07
1
44
https://www.nlb.gov.sg
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The Business Times
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Title Section10 1991-01-07 1 Business Times MCI (P) 16/12/90 Monday January 7 1991 75*10 words
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NEWS SUMMARY
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87 1991-01-07 1 PAKISTANI Prime Minister Nawaz Sharif yesterday said his country will not seek economic aid by bowing before any power apparently meaning the US or abandon its controversial nuclear energy programme. "We will not bend our principles, no matter someone gives us aid87 words
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Article24 1991-01-07 1 INFORMATION technology has been identified as a first business activity of benefit to the Malay-Muslim community in Singapore Page 224 words
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Article31 1991-01-07 1 OCBC Bank and several foreign banks have taken the cue from DBS Bank and trimmed their prime lending rate in the half and quarter-point range Page 231 words
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Article35 1991-01-07 1 THE PHILIPPINES has suggested that Japan and Southeast Asian countries should help pay for American military bases in the country, saying they benefited from the protection provided by the facilities Page 735 words
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Article42 1991-01-07 1 FRESH economic data suggest the US economy is in the grip of recession and US President George Bush says the Gulf crisis is making the situation worse but that most economists believe the downturn will be shallow Page 842 words
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Article26 1991-01-07 1 SOVIET President Mikhail Gorbachev has announced new land reform measures to eradicate inefficient farming operations and boost the country's food production. Page 826 words
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Article31 1991-01-07 1 THE GAIJIN gossip shops are buzzing with speculation about which troubled foreign brokerage will be the first to sell its hard-won seat on the Tokyo exchange Page 1031 words
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Article29 1991-01-07 1 PY VAN surveys the many activities, musical and nonmusical, being planned around the world to commemorate the 200 th anniversary of Mozart's death Page 1729 words
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Article20 1991-01-07 1 VOLUMES of sea-air cargo moved through the Republic hit record levels last year. Shipping Times Page 120 words
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MARKETS SUMMARY
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Article29 1991-01-07 1 HONGKONG construction tycoon Gordon Wu and billionaire magnate Li Ka-shing have agreed upon a HK5528.9 million exchange of assets, according to a Hongkong newspaper Page 429 words
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Article28 1991-01-07 1 JAPAN'S Mitsubishi Corp has denied that it acted improperly in winning a joint contract to build a coal-fired power plant in the Philippines Page 428 words
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Article32 1991-01-07 1 THE PRIVATELY-OWNED distributor of Nissan vehicles in Britain is to start legal proceedings against Japan's second largest car maker as the latest move in their longrunning conflict Page 532 words
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Article27 1991-01-07 1 JAPAN'S Sansui Electric Co is looking for companies to buy its shares from its largest shareholder, Britain's beleaguered Polly Peck International pic Page 527 words
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Article38 1991-01-07 1 THE USE of a point system to reconcile discrepancies between US banks and brokers when prices are missed in the currency market is unacceptable, according to revised guidelines issued by a US traders group Page 638 words
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Article30 1991-01-07 1 THE ISSUE of China's first securities denominated in a foreign currency is a welcome step to modernising the Chinese capital markets, say officials and diplomats. Page 630 words
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Article20 1991-01-07 1 Exchange rates USS s$ 1.7430 Yen SS 1.3076 MS SS0.6436 Money market rates Overnight 4-1/4 -1/2 3-montn 4-5/8% +1-3/820 words
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Article, Illustration27 1991-01-07 1 Friday Change BT-MGA 585.06 +4.90 Kuala Lumpur ....497.67 -0.32 Hongkong 3046.61 +41.73 Tokyo 24,069.18 +220.47 Sydney 1,241.5. -31.5 New York 2,566.09 -7.42 London 2,126.1 +8.327 words
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Article33 1991-01-07 1 London Gold AM fix USS388.10 USS1.35 Rubber S'pore Feb 150.75*/kg -0.25 M'sia Feb 237.50»/kg -0.50 KL Tin Turnover 14tonnes-23 Spot M514.90/kg +0.06 Crude palm oM Turnover 1,814 lots -318 Jan M$895/tonne +1033 words
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620 1991-01-07 1 Introduction of unleaded petrol makes revision necessary THE half-tank rule becomes the three-quarter tank rule next month. From February 4, Singa-pore-registered vehicles crossing the causeway into Malaysia must have their fuel tanks at least three-quarters full, the government said yesterday. The new rule620 words
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312 1991-01-07 1 Florence Chong - Elarosa plans to build 43-storey apartment block From Florence Chong in SYDNEY A SINGAPORE-BASED company, Elarosa Investments Pte Ltd, has unveiled plans to develop a As3oo million residential complex on the fringe of Sydney's city centre. The company acquired the site from a company312 words
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Article, Illustration222 1991-01-07 1 AP A SENIOR Soviet official said yesterday that Moscow supports inter-Korea dialogue and is ready to help arrange a meeting of the South and North Korean presidents. "The Soviet Union is willing to assume a role if necessary" in helping to arrange a South-NorthAP - 222 words
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416 1991-01-07 1 NYT JAPAN'S Ministry of International Trade and Industry (MITI) has set aside 2.4 billion yen (US$lB.O5 million) in the budget for fiscal 1991 to help small companies gain wider access to foreign markets and establish business ties with foreign companies. While aNYT - 416 words
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355 1991-01-07 1 Lilian Ang - By Lilian Ang SINGAPORE Telecom is to build a new, highly-automat-ed mail sorting centre which could cost over $200 million. The new Mail and Parcels Centre, to be located on a site close by the Eunos MRT station, will replace the statutory board's355 words
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193 1991-01-07 1 AFP UNEMPLOYMENT in the Soviet Union could reach 31 million to 38 million over the next few years as the country of nearly 290 million inhabitants introduces market economy reforms, the Sovietskaya Rossiya newspaper reported, quoting Soviet economists. Slamming government estimates of only 10 millionAFP - 193 words
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Page 1 Advertisements
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Advertisement194 1991-01-07 1 Protect Your Eyes. Built-in 1C Inverter prevents light flickering. 1 National Inserter "Lose-tye" I ahlr I jmp K an- s|mull> designed fur: <M A rchitectv Designers IMtke 111 Factory Reading Studs ing lwim* VKTRONPMHHt Tsntl TU Afco AvjiUhk. V VOHAN BKNT ♦w < kchaid K.vkl »tu PWj Saffui 1 lr,h194 words
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Advertisement214 1991-01-07 1 C. T. HOO #01-22 Tanglin Shopping Cantra. Td: *****47 27. Tangtin Rd Singapore 1024 Tal: *****43. *****53 New listings among top §0 THREE NEW LISTINGS of 1990 found their way into BT's list of 50 largest companies by shareholders' funds, while seven companies made it to the billiondollar list. Find214 words
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HOME NEWS
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NEWS ROUNDUP
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115 1991-01-07 2 FIVE core values have been identified to help develop a Singaporean identity across the races. These are nation before community and society before self, family as the basic unit of society, regard and community support for the individual, consensus instead of contention as115 words
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Article99 1991-01-07 2 FROM next month, a Supreme Court judge will be based in the subordinate courts for a week in every month to oversee the administration of the lower courts. Announcing this on Saturday at the opening of the legal year, Chief Justice Yong Pung How said the99 words
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Article101 1991-01-07 2 FROM today, Supreme Court judges will only wear wigs on ceremonial occasions. And they will no longer be called My Lord" or "Your Lordship"; instead they will be addressed as "Your Honour". And the address "Mr Justice" will be simplified to "Justice". These changes are to bring101 words
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Article91 1991-01-07 2 A SUPER Puma helicopter from the Republic of Singapore Air Force crashed at the Sembawang Airbase yesterday morning while on a routine flight. Three crew members died in the crash while a fourth died later of his injuries at the Singapore General Hospital. The deceased91 words
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Article74 1991-01-07 2 CH'NG POH, chairman and controlling shareholder of Hong-kong-based IHD Holdings, and an associate, Jaya Tan, have entered into an agreement with Shoichi Kamon to purchase 108.15 million shares in IHD for HK5122.9 million. Mr Tan is a director of Pengkalen Holdings and his family is a74 words
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Article62 1991-01-07 2 TAIWAN-BASED computer giant Acer Inc has almost completed a major restructuring exercise to move its production base of high resolution colour monitors and keyboards from Taiwan to its factory in Penang. Acer Computer general manager Steve Lin told reporters last Friday at the opening of Kuala Lumpur IT62 words
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Article, Illustration454 1991-01-07 2 Schutz Lee - By Schutz Lee INFORMATION technology (IT) has been identified as a first business activity of benefit to the Malay-Muslim community in Singapore. Business leaders and professionals of the community have, under the ambit of the Association of Muslim Professionals (AMP), have formed a454 words
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385 1991-01-07 2 William Chia - By William Chia THE three most common technical capabilities of local information technology suppliers are business applications, telecommunicationsnetworking, and project management. This was one of the findings of the IT Industry Survey 1990 carried out by the National Computer Board (NCB).385 words
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320 1991-01-07 2 THE Singapore Medical Council (SMC) has decided that the controversial medical discount scheme initiated by the National Trades Union Congress (NTUC) is fair for general practitioners but not for specialists. After studying details of the scheme, SMC is of the view that the scheme320 words
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251 1991-01-07 2 OVERSEA-CHINESE Banking Corporation (OCBC) and several foreign banks have taken the cue from DBS Bank and have trimmed their prime lending rates in the half and quarter-point range. Last week, DBS announced a quarter-point cut in its prime lending rate from 7.25 per251 words
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Page 2 Advertisements
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Advertisement160 1991-01-07 2 An inspiring lifestyle begins with d-SCAN i I ir^sa iik! Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of our Renowned for its simple,160 words
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BT TOP 100
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Article470 1991-01-07 3 Year Groun Gross Group Paid-up Net Current Return lUnk Company Y£j Group Oro« n P f gs holders less Profits as at Asset Per ShareFunds Contra ($mil) Dec 28 Per Share ho, e ($mil) Accounts 1990 Share (cents) u V ($mil) ($mil) (*> i ciA Mar470 words
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Article371 1991-01-07 3 JULIANA TAY - Compiled by JULIANA TAY R k ComP ny ended sS '"SS Tn*M« l££gs Contra flS D«?28 P* Shjue holderjj ($mil) Accounts J990 Stare (cents) ftnjl 1 ($mil) ($mil) <*> 88! MS" K8 SK8 $8 f; 'I! S 5 Bi"z II ill aft aft a* a a371 words
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Article397 1991-01-07 3 (S) Incorporated in Singapore. (M) Incorporated in Malaysia. L Loss. NB: All banks' consolidated assets exclude customers' liabilities. Capital reserves exclude goodwill but may or may not include surplus arising from revaluation of land and buildings. Revenue reserves are retentions of distributable profits. All figures based on latest annual397 words
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Article, Illustration565 1991-01-07 3 Diana Oon - By Diana Oon THREE of the 15 new listings of 1990 took their place among the year's 50 largest companies by shareholders' funds. The new listings, Singapore Aerospace, Hotel Plaza and Singapore Petroleum Company, were joined by another relative565 words
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Page 3 Advertisements
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Advertisement95 1991-01-07 3 Pi Clw jQiitai iimply m 100 to paid up pji Deciding between Spaghetti Alle Vongole, Ravioli Con Pomodori, Prosciutto Con Melone, Torta Siciliana, Zabaione Freddo and more than 60 other dishes is a knotty business. But at The Belvedere's Italian Buffet, you wouldn't want to pass up this chance to95 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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123 1991-01-07 4 SOUTH KOREA'S Kolon International Corp has exported US$2.5 million worth of hosiery knitting machines to a North Korean textile company through a branch in Hongkong, South Korean newspapers reported. The newspapers said Kolon, a subsidiary of the huge Kolon group textile conglomerate, will be paid123 words
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Article119 1991-01-07 4 DETAILS OF Rupert Murdoch's multi-billion dollar News Corp restructuring plan were scheduled to be mailed to participating banks over the weekend and sources near the talks said lead bankers hope the deal will close a week later. "Papers are being drawn and (should be mailed over119 words
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Article112 1991-01-07 4 SOUTH KOREA'S Pohang Iron Steel Co began a U552.75 billion expansion project on Saturday to increase its steelmaking capacity to 20.8 million tons by next year. The expansion plan is for Pohang's second mill in Kwangyang on the south coast. It will increase Kwangyang's capacity by 3.3112 words
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Article57 1991-01-07 4 HONGKONG'S K Wah International, a construction and property group, has raised HK$lOO million for its maiden syndicated borrowing. According to the South China Morning Post, although construction and property groups traditionally borrow from banks and through leasing and mortgages, K Wah International has found syndicated57 words
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Article63 1991-01-07 4 ONE OF THAILAND'S major jewellery manufacturer and exporter, Ho Group, has formed a new company to develop and promote its local sales in order to offset the slowdown in overseas demand. With the crisis in the Gulf, Jeweland Co Ltd has shifted its strategy from63 words
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Article, Illustration427 1991-01-07 4 Agreement expected to increase investors' confidence in Hopewell HONGKONG construction tycoon Gordon Wu and billionaire magnate Li Ka-shing have agreed upon a HK5528.9 million exchange of assets, the South China Morning Post reported. Mr Wu's rapidly expanding Hopewell Holdings427 words
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415 1991-01-07 4 THAI CITY Electric Co, a producer and distributor of Sharp appliances, expects sales growth of 15 per cent this year down on last year. The company is looking at expanding production or manufacturing new products which could substitute for imports, the Bangkok Post reported.415 words
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256 1991-01-07 4 Reuter JAPAN'S Mitsubishi Corp has denied that it had acted improperly in winning a joint contract to build a coal-fired power plant in the Philippines. A Philippine senator has charged that the USS32O million contract to build the 300 megawatt Calaca 2 plant inReuter - 256 words
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Page 4 Advertisements
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Advertisement69 1991-01-07 4 WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO THE USA. We've reduced the IDD rate to the US<V by up to 20% Which means that the Standard Rate is now $3 20, Discount $2 40 and EconomyMfeekend $1 90 per block of one minute So you get more69 words
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INTERNATIONAL COMPANY NEWS
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407 1991-01-07 5 Move follows termination notice from car maker FT NISSAN UK (NUK), the privately-owned distributor of Nissan vehicles in Britain, is to start legal proceedings against Japan's second largest car maker as the latest move in their long-running conflict. Nissan Motor announced more thanFT - 407 words
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423 1991-01-07 5 NYT BEST Products Co, a retailer whose shoppers buy from catalogues at stores famed for their bold architecture, sought refuge last Friday under Chapter 11 of the Federal Bankruptcy Code. The privately-owned Best, which operates 195 catalogue showrooms around the US, saidNYT - 423 words
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205 1991-01-07 5 AFP JAPAN'S Sansui Electric Co is looking for firms to buy its shares from its largest shareholder, Britain's beleaguered Polly Peck International pic (PPI), press reports said on Saturday. "Frankly speaking, we want to part company with PPI as soonAFP - 205 words
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223 1991-01-07 5 Reuter ALUMINUM Co of America's announcement that fourth quarter financial results will include a US$275 million charge was no surprise and means that the company will post a loss for the period, analysts said. "The fourth quarter will be a loss,"Reuter - 223 words
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COMPANY BRIEFS
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110 1991-01-07 5 GENENTECH Inc said it had filed an application with the US Food and Drug Administration seeking approval to market its Activase drug to treat a disease caused by blood clots in the arms and legs. Activase, Genentech's brand name for tissue plasminogen activator or110 words
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Article99 1991-01-07 5 GERMAN electronics group Siemens AG said it planned to start selling one-megabit dynamic random access memory chips in Japan this year. A Siemens official said the company would produce a total of 50 million one-megabit chips in 1991, aimed mainly at the European market. But it99 words
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Article69 1991-01-07 5 JAPAN'S major trading house Mitsubishi Corp has agreed with British department store Harrods Ltd to sell and produce under licence Harrods' fashion goods in Japan, a Mitsubishi spokesman said. Mitsubishi is now negotiating with several Japanese retail groups with a view to opening Harrods outlets within69 words
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Article62 1991-01-07 5 BAT Industries pic's UK insurance subsidiary Eagle Star said it would raise its buildings insurance rates by 10 per cent from Feb 1. An Eagle Star statement said the rise was caused by the large number of property damage claims after storms early in 1990,62 words
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Article90 1991-01-07 5 GENERAL MOTORS Corp's Taiwan subsidiary said it might assemble Opel Kadett passenger cars on the island with local vehicle maker Chinese Automobile Co. A spokesman for General Motors Taiwan Inc said his company would conduct a feasibility study with CAC, which is also a dealer of90 words
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Article52 1991-01-07 5 FORD MOTOR Co of Canada said its combined car and truck sales in 1990 fell 19.7 per cent to 271,019 from 337,695 in 1989. Car sales in 1990 were 151,631, down 23.8 per cent from 198,904 in 1989. Truck sales were 119,388, down 14.0 per cent52 words
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Page 5 Advertisements
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Advertisement101 1991-01-07 5 ■t.U'IM Monday Seafood Claypot Rice AA Tuesday Chicken Mui Fan /iJSfffi-il Wednesday Braised Pork Rib Rice ijfflffiil Thursday Assam Fish Pedas ssU .jfc Friday Claypot Chicken Delights nev Saturday Laksa nflr) K Sunday Chicken Curry Newark Hotel y n Kl\ Daily Special Hainanese Mutton Stew A member of the L'OL101 words
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Advertisement603 1991-01-07 5 ADVERTISEMENT TIMEPIECES m PERFECTION IS A CHALLENGE If 5j TIME IS ITS WITNESS j M Eberhard Co. Swiss made since 1887 Jlßw -a Wright Brothers Fly First Heavier than Air Plane 1903 December. Wilbur and weight 25 hp engine pro- ffiEgSOSr Orville Wright, two inventors vkting a higher power-to- from603 words
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FINANCIAL NEWS
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SMALL CHANGE
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Article88 1991-01-07 6 BELGIAN holding company Societe Generale de Bclgiquc SA confirmed a media report that it exercised an option it held on the balance of Groupe Bruxelles Lambert's former 26.75 per cent stake in Belgian travel and tourism company Compagnie Internationale des Wagons-Lits et du Tourisme. Societe Generale88 words
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Article94 1991-01-07 6 CHASE Manhattan Securities Japan, the Tokyo subsidiary of Chase Manhattan Corp, has formally stopped trading US Treasuries in Tokyo, said Garcia Dos Santos, the company's Japan representative. Chase actually suspended trading in US Treasuries in early December, dealers said. More foreign primary dealers of US94 words
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Article96 1991-01-07 6 THE Bank of Portugal said it was easing controls on the amount commercial banks can lend as part of a gradual shift from direct to indirect monetary control. A central bank statement said it had informed the banks that as from this month it would no96 words
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Article71 1991-01-07 6 THE CHAIRMAN of the agency that insures US bank deposits said the fund is solvent and can handle any bank failures "we see on the horizon". But Federal Deposit Insurance Corp (FDIC) chairman William Seidman said that the fund might need recapitalisation if there is71 words
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449 1991-01-07 6 Reuter THE use of a point system to reconcile discrepancies between banks and brokers when prices are missed in the currency market is unacceptable, according to revised guidelines issued by a US traders group. The Foreign Exchange Committee, sponsored by the Federal ReserveReuter - 449 words
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432 1991-01-07 6 Reuter BANK of New England Corp's long-term prospects are further clouded by its projected fourth quarter loss, analysts said. However, senior bondholders said it was not a death blow since a recapitalisation is expected in a few weeks. Bank of New EnglandReuter - 432 words
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Article257 1991-01-07 6 Reuter CHRISTIANIA BANK Og Kreditkassen, Norway's second largest bank, said it planned to cut 600 jobs and reduce costs by 12 per cent as part of a restructuring aimed at returning the bank to profitability. "About 600 man-years will be freed," a statement said.Reuter - 257 words
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401 1991-01-07 6 Reuter THE ISSUE of China's first securities denominated in a foreign currency is a welcome step to modernising the Chinese capital markets, officials and diplomats said. A state firm in China's southern city of Shenzhen launched the first foreign currency commercialReuter - 401 words
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Page 6 Advertisements
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Advertisement61 1991-01-07 6 w WE'VE CUT THE COST OF SAYING "HELLO" VIA IDD TO SWITZERLAND. We've reduced the IDD rate to Switzerland by up to 11.1% Which means that the Standard Rate is now $4 00 and Discount S3 60 per block of one minute. So you get more talk for less Call61 words
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THE REGION
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Article, Illustration458 1991-01-07 7 Proposal aired ahead of Japanese PM's visit Reuter THE PHILIPPINES has suggested that Japan and Southeast Asian countries should help pay for US military bases in the country, saying they benefited from the protection provided by the facilities. "Allies whoReuter - 458 words
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238 1991-01-07 7 AFP ILLEGAL IMMIGRANTS from Pacific islands are being smuggled into New Zealand aboard private yachts and commercial vessels, according to customs officers and wharf police. The Dominion Sunday Times newspaper reported in Wellington yesterday that customs officers recently discovered two attempts by groups of PacificAFP - 238 words
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176 1991-01-07 7 AFP INDONESIA and France are considering discussing the Cambodian question with Vietnam ahead of a new round of talks in Paris. At a news conference in Jakarta last Friday, Foreign Minister Ali Alatas said Indonesia, which co-chairs the Paris International Conference on CambodiaAFP - 176 words
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304 1991-01-07 7 UPI A CHINESE delegation is expected to arrive in Jakarta next week to discuss the possibility of cooperating to launch Indonesia's next domestic communications satellite. Cacuk Sudaryanto, director of the state-owned telecommunications company Perumtel, was quoted in Jakarta last Friday as saying thatUPI - 304 words
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NOTE BOOK
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60 1991-01-07 7 A DELEGATION of the Institutional Far East Fund of the Netherlands' Robeco group, one of the largest investment houses outside the US, will visit Malaysia from Jan 12-14, the Netherlands embassy in Kuala Lumpur said. The delegation will visit Malaysia as part of a60 words
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Article61 1991-01-07 7 BANGLADESHI businessmen are targetting the Australian market to increase sales of their jute, leather goods and ready-made garments, trading sources said in Dhaka on Saturday. "We got positive response from the trading organisations in Australia and hope to make a breakthrough in jute goods soon," one61 words
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Article56 1991-01-07 7 MALAYSIA will discuss with Japan on the possibility of placing 3,000 graduates in selected industries in that country to gain management skills, Defence Minister Datuk Seri Najib Tun Razak said on Saturday. He said the matter would be discussed in detail when Prime Minister Toshiki56 words
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Article52 1991-01-07 7 BURMESE military leader General Saw Maung has called for national unity to fight against ethnic insurgents and foreign domination, Radio Rangoon reported on Saturday. Speaking on Friday on the 43rd anniversary of Burma's independence from Britain, he said patriotism and sacrifice were necessary to protect52 words
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Article31 1991-01-07 7 INDONESIA on Saturday denied Australian press reports that Jakarta was contemplating a joint military operation with Papua New Guinea to quell a rebellion on troubled Bougainville island.31 words
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Page 7 Advertisements
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Advertisement67 1991-01-07 7 Personal touch. Gracious living. Smiling, friendly faces await you at Liang ourt Regency. Elegant apartments with residential touches. Superb amenities lor recreation, entertainment, (lining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And k ll s Mtir per* mat I«hkli67 words
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Advertisement306 1991-01-07 7 "5-v ;t ''<4*.t iT.; .4' *V, «r^WWB fWfim '«aDI Md I v JM^wfiHBRI V^tS' IK V* v-j mgm R^^MH •a**---' v im^^^mvm-T 20% OFF Especially as your work will look a lot more prices and want to improve your performance The problem with most colour printers is that impressive than306 words
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THE WORLD 1
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WORLD WATCH
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72 1991-01-07 8 THE European Community (EC) has opened an anti-dump-ing inquiry into imports of Japanese ball-bearing eomponents to the community, the European Commission said in Brussels on Friday. The inquiry, sparked by a complaint from European producers, concerns the outer casings of tapered bearing units, the72 words
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Article63 1991-01-07 8 INDUSTRIAL production in Western Germany rose 6.1 per cent in the months of October and November 1990, compared with the same months the previous year, the Economics Ministry said on Friday. Output fell a seasonally adjusted 0.5 per cent from October to November, the ministry's report63 words
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Article59 1991-01-07 8 TAIWAN'S trade surplus dwindled to U5512.49 billion last year, down 10.4 per cent from 1989, the Directorate General of Budget, Accounting and Statistics said on Saturday. The imbalance surpassed the government's target of $6.8 billion for the whole year under a five-year export diversification programme launched59 words
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Article81 1991-01-07 8 PAKISTAN'S new government aims to open the economy by promoting trade, liberalising the banking and financial sectors and selling off public enterprises. Finance Minister Sartaj Aziz said on Friday. "Our main emphasis is to convert the Pakistan economy gradually from a semi-closed into a semiopen81 words
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Article74 1991-01-07 8 A GERMAN alleged to have smuggled more than US$lOO million for the former East German regime is believed to have set up a consultancy with two other former political personalities'in Zurich, the Der Spiegel magazine reported in its issue to be published today. The report alleged74 words
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Article86 1991-01-07 8 CHINA will produce 510,000 vehicles in 1991, up from between 490,000 and 500,000 in 1990, and will alter the product mix, the China Daily newspaper said on Saturday. This year, 13 per cent of production will be sedans, up from 8.2 per cent in 1990,86 words
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Article, Illustration431 1991-01-07 8 Reuter FRESH economic data suggest the US economy is in the grip of recession and US President George Bush says the Gulf crisis is making the situation worse but that most economists believe the downturn will be shallow. "Most people that have lookedReuter - 431 words
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Article429 1991-01-07 8 Further run-ins with republics expected over plan Reuter SOVIET President Mikhail Gorbachev announced new land reform measures on Saturday to eradicate inefficient farming operations and boost the USSR's food production. A decree, read on Soviet television, said poorly managed arable land would be placed in aReuter - 429 words
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Article, Illustration440 1991-01-07 8 AP RUSSIAN LEADER Boris Yeltsin has cooled a dispute with Soviet President Mikhail Gorbachev over the national budget, saying his republic would maintain the bulk of its contribution to Kremlin coffers next year. However, Mr Yeltsin said last Saturday that the Russian Federation, the country'sAP - 440 words
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259 1991-01-07 8 AFP THE INDIAN government has promised to tighten its belt by ruthlessly slashing public expenditure. Finance Minister Yashwant Sinha told Parliament in New Delhi last Friday that the Exchequer hoped to save more than US$l billion through an austerity drive, which he called partAFP - 259 words
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Article, Illustration405 1991-01-07 9 AP NEW Polish Prime Minister Jan Krzysztof Bielecki unveiled his Cabinet on Saturday, saying it emphasises "expertise, not politics" and would seek practical answers to usher in a market economy. The 19 nominees combined holdovers from the government of Tadeusz Mazowiecki, with new facesAP - 405 words
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Article389 1991-01-07 9 AFP TURKEY'S mine union leader Semsi Denizer said on Saturday that miners would resume a mass march on the capital after Prime Minister Yildirim Akbulut told him there could be no wage talks unless the protest stopped. The premier came to hastily arranged talks inAFP - 389 words
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530 1991-01-07 9 The Gulf Crisis AFP ASIAN NATIONS, nine days before the UN-imposed deadline for Iraq to withdraw from Kuwait, were bracing for the economic and human costs of possible war in the Gulf. The measures followed a warning on Friday in New DelhiAFP - 530 words
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327 1991-01-07 9 The price of Desert Shield war excluded AP OPERATION Desert Shield will cost the United States US$3O billion this fiscal year even if war does not break out, Congress' accounting agency has said. The chief of the General Accounting Office said if fighting does occur, the Gulf operation would costAP - 327 words
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Page 8 Advertisements
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Advertisement295 1991-01-07 8 M El |jf" COME AND /IfL HONGKONC LI If I*P HONG KONG INTERNATIONAL GIFTS 4HC G.FTS* HOUSEWARE FA.R TALK BUSINESS SJSLI -j WITH OVER 400 HOUSEWARE FAIR Ji JKM J jfef GIFTS AND HOUSEHOLD PV, J? |Ti h NAMES! ■iv E| yf I HONG KONG INT| I JBLI HONG KONG295 words
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Advertisement167 1991-01-07 8 This announcement appears as a matter of record only BANK OF SINGAPORE (AUSTRALIA) LIMITED As2o MILLION SUBORDINATED FLOATING RATE NOTES DUE 2000 Arranged and Lead Managed by OVERSEA-CHINESE BANKING CORPORATION LIMITED Managers ANZ SINGAPORE LIMITED NDC MERCHANT BANK LTD OVERSEA-CHINESE BANKING CORPORATION LIMITED Participants ASEAN FINANCE CORPORATION LIMITED MALAYAN BANKING167 words
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Page 9 Advertisements
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Advertisement95 1991-01-07 9 fOR WHO, WHAT, WHERE AHD WHEH 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 in95 words
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Advertisement156 1991-01-07 9 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 daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap156 words
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ANALYSIS
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Article, Illustration1222 1991-01-07 10 The gaijin gossip shops are buzzing with speculation about which troubled foreign brokerage will be the first to sell its hard-won seat on the Tokyo exchange The Economist THE TALK among foreign (gaijin) stockbrokers at parties in Tokyo used to be over year-end bonuses.The Economist - 1,222 words
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767 1991-01-07 10 End of the road for the Trabant NYT ERICH LEHMANN sees himself as a kind of keeper of the graveyard. He goes about it with required dignity and reverence and adherence to the principle that nothing but good should be uttered about theNYT - 767 words
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Page 10 Advertisements
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Advertisement34 1991-01-07 10 It must be time FOR THE ALFRED DUNHILL SALE. ii f FRIDAY, DF.C 28TH SUNDAY, JAN 271 H. UJ VISIT ALFRED DUNHILL AT PALAIS RENAISSANCE, MILTON INTERNATIONAL lIOTI-L, THE PARAGON AND LEADING DEPARTMENT STORES.34 words
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Advertisement46 1991-01-07 10 OF SINGAPORE PUBLIC LECTURE BY I PROF GEORGE C LODGE LEE KUAN YEW DISTINGUISHED VISITOR H Topic Social Values and Economic Competitiveness Date Monday, 7 January 1991 Venue Lecture Theatre 11 Kent Ridge Campus Time 6.00 pm f yj wL-z&db H fIL" nQETI. -"x-v.-'.v i, jjk46 words
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Page 10 Miscellaneous
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Miscellaneous53 1991-01-07 10 DOONESBURY by garry trupeau UJHAT A NIGHT I HAD, TOOK *600 OFF- SOME SOHOUJV B D. YOU MAN! COUUXTTGET MARINES! $GOO! MAN, YOUMAKE AHJAKE, HMMPH... ANYTHING G&N'UMTH I HAP A STREAK GQ/N' OUT, UM... MAN 7 THE LADIES, BUT ~THS THAT JUST WOULDN'T QUIT! pZ* MAN 7 PRBTTy (y&DS lAJEPB53 words
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Page 11 Advertisements
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Advertisement88 1991-01-07 11 0 Should've Got A Bigger Ad. We'd need half a million pages like this to show how much office space we leased last year. We were streets ahead of the rest, leasing more than 1.1 million square feet in all. In 1990 we were also top in the management of88 words
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ENTERPRISE & MANAGEMENT
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Article, Illustration1079 1991-01-07 12 Marvin Maddox - Marvin Maddox reports on the factors companies consider when looking for sites for their regional headquarters Marvin Maddox Marvin Maddox is a local writer. This article first appeared in the November issue of Singapore Business JUST where in Asia should a company place its1,079 words
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Article541 1991-01-07 12 NYT Recently, a buyer from Corning Inc spotted crates of a glass-making material on a dock, addressed to a competitor's new factory. He mentioned this in his trip report, which he filed via computer to his home office. The computer funnelled that choice little tidbit to an engineer,NYT - 541 words
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Page 12 Advertisements
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Advertisement500 1991-01-07 12 fiSxsfiwm HI Seminars and courses Duration Title Venue Organiser e Jan 8 Business IXbts Management Singapore *****66 Management Hse Institute of Management Jan 8 Program SMA house The Singapore *****87 Mar 12 Certificate In Manufacturers Purchasing Skills Association Jan 8 Skills Techniques SISIR Novo Quality *****77 Feb 7 On Quality500 words
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Advertisement89 1991-01-07 12 l||p Shampoo or Dry-Clean your carpets, upholstery or curtains in-situ. PAL will DEEP CLEAN your carpets, upholstery or curtains to remove dirt, stains, odour, bacteria or mites using $100,000 of Hi-Tech Cleaning Machines including a truck mounted carpet cleaner (The Ist in South East Asia) STTMiM IB //<. ns wHC?89 words
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Page 13 Advertisements
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Advertisement502 1991-01-07 13 Various clients of ours were busy during 1990 in Singapore.... K*pp«l Corporation LknM CS EQUATORIAL RE CASH OFFER Acquisition of a controlling interest in Asia ill VAiCIFIC BY Commercial Bank Limited by Keppel 999 u EQUATORIAL REINSURANCE (SINGAPORE) LTD Corporation Limited (Incorporated in the Republic of Singapore) SCHRODER INTERNATIONAL INNO-PACIFIC502 words
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SPORTS 1
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Article, Illustration544 1991-01-07 14 AP IT IS MORE than a new season for Tom Kite; more like a new beginning. "Last year was a bit of a dud for me," said Kite, who finished out of golfs top-10 money-winners for the first time in five years andAP - 544 words
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SIDE LINES
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102 1991-01-07 14 EAMONN MARTIN overcame winds of up to 110 kph to win an International Amateur Athletics Federation cross country race on Saturday by 11 seconds over John Ngugi. Martin, an Englishman who was the 10,000-metre champion at last year's Commonwealth Games, broke away from102 words
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Article111 1991-01-07 14 JOHAN CRUYFF has said he would be signing for two more years as Barcelona coach, leaving him at the helm of the Spanish soccer league leaders until mid-1993. The former Dutch international star had not been expected to discuss the renewal of his contract, which runs111 words
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Article144 1991-01-07 14 JACKY ICKX of Belgium recaptured the lead from Citroen team-mate Ari Vatanen of Finland on Saturday in the fourth stage of the Paris-Dakar rally between Ghat and Tumu, in Libya. Ickx finished in second place some 16 minutes behind Frenchman Hubert Auriol's Lada in the 681-km stage144 words
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Article100 1991-01-07 14 LIVERPOOL needed an own-goal by Blackburn defender Mark Atkins in the closing seconds to escape with a 1-1 tie and avoid the embarrassment of being knocked out of the English Football Association Cup by a second-division club. First-division peer Chelsea was not as fortunate, however, losing 3-1100 words
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182 1991-01-07 14 AFP GRAHAM GOOCH and Mike Atherton gave England its best start of the series to help the tourists to 83 for no wicket at lunch on the third day of the third Test at the Sydney Cricket Ground yesterday in reply to Australia's 518.AFP - 182 words
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Article, Illustration500 1991-01-07 15 AFP AP AUSTRALIAN Richard Fromberg took the BP Nationals singles championship with a straight set win over Sweden's Lars Jonsson in Wellington yesterday. Fromberg, seeded third for the tournament and the in-form player throughout, put out the unseeded Jonsson 6-1, 6-4, 6-4 to takeAFP; AP - 500 words
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Article, Illustration602 1991-01-07 15 AP THE United States men's diving programme is finding out that there is life after Greg Louganis. As one American winning streak based on Louganis's exploits ended on Saturday, officials and athletes were talking about using the glory of the retired Olympic and worldAP - 602 words
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Page 14 Advertisements
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Advertisement131 1991-01-07 14 I V. \cS. i \iV < M M ft „,V^. j 'i JLL-AJMb. A -X ,«»<>•' Ik £> «\*<>* V L *x y o<° Put round-the-world free access into your phone. 0 Now, you can hear the opportunities around the world. CALL-FREE IH The Call-Free Singapore facility of the International131 words
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Advertisement16 1991-01-07 14 2 powerful facilities i? Toil-Free Service thai j advantage for intern Singauo c Call is v16 words
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Page 15 Advertisements
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Advertisement12 1991-01-07 15 om the International orovide a competitive ational businesses. IT* Telecom > (Oi nect12 words
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Advertisement149 1991-01-07 15 iX rt t\t^ tv jniilllil^^^M^Eihi ■PKMffIMLSr -AI^HII tpR jniHi wm f I Give round-the-world free access to your fax machine, around-the-clock. W Fppp Now. you can capitalise on global opportunities, 24-hours a day. By offering a Fax-Free Singapore number, your customers SI NGAPORE will be encouraged to give your company149 words
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Page 16 Advertisements
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Advertisement199 1991-01-07 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word-of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585 exl *****/6.199 words
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Advertisement292 1991-01-07 16 world of classical charm Create traditions. Indulge in Knglish tea or evening ccxktails. Enjoy the repertoire of our stnng quartet or solo pianist Experience Hvatt Regency Singapore's new Scotts Lounge Hyatt Rinency Singapm' 10-12 Scons Riuii Singapore 0922 Td 733 IMB 'WDWICHES priwn f v >> 'k'.'J sjJitv t tiW292 words
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Advertisement329 1991-01-07 16 Seafcxx) Theatre Restaurant O«one*-Th»Cueine 6i MAKE NO BONES ABOUT IT. <i' (XII*IMWUS*KVAIUIW«ON!*. a > 4 > "C* A rare treat indeed! Exotic Cantonese-Thai cuisine served at the most affordable prices. In a variety of set menus for 2—lo persons, priced from $50++. Call 298 0011 ext 8605 for reservations. Plaza329 words
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Advertisement259 1991-01-07 16 <ffds6afL 'Ax y "The Dream Unfolds Anew" Let your nights awaken to new wonders. Come back to our dream oasis of music and magic the newly refurbished, invigorated Kasbah where the magical nostalgic past, the glittering present and the shimmering promise of the future meet. Each night is a flight259 words
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Page 16 Miscellaneous
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Miscellaneous823 1991-01-07 16 TELEVISION AND RADIO Hn Troi'l SBCI2 SSTIm, £SSS£.<m> business on radio K|P\ 1 I If- 1 I I II 1 I I I I 8.20 Hiburan Minggu Ini <M. L). 10.30 Kickboxing Showcase BatA 1 VJIViVIII vyil A. IU.II 6.30 PM 6th World Swimming *00 Hows at Nino.. tic of823 words
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THE ARTS
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Article, Illustration813 1991-01-07 17 P Y Van - Mozartmania is alive and spreading, with all kinds of activities, musical and non-musical, being planned around the world to commemorate the 200 th anniversary of the composers death. P Y Van takes a look at what's on offer, both abroad and at home. P Y813 words
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Article110 1991-01-07 17 HERE are two other all-Mozart concerts we can look forward to in Singapore: March 8 and 9: The Singapore Symphony Orchestra and Chorus will perform the Mass in C minor K427 during a Mozart Bicentennial Commemorative Concert. Other items on that programme are the Exsultate110 words
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Article, Illustration364 1991-01-07 17 P Y Van - The London Mozart Players By P Y Van IN SINGAPORE, the Mozart year begins this evening at the Victoria Concert Hall with the London Mozart Players (LMP). Closely associated with the works of Haydn and Mozart since it was formed in 1949,364 words
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Article, Illustration744 1991-01-07 17 FT SENTIMENT and nostalgia reigned supreme at Sadler's Wells Theatre last night when performers from four of the leading British arts companies the Royal Ballet, the Royal National Theatre, the English National Opera and the Birmingham Royal Ballet gathered forFT - 744 words
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Page 17 Advertisements
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Advertisement231 1991-01-07 17 AND ENTERTAIN You Cant Mix Business With At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la cane main course in the relaxing ambience of a hunter's lodge 16 NASSIM HILL. SINGAPORE IC2S. TEL: 732 1222 SINGAPORE231 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration1241 1991-01-07 18 S N Vasuki - By S N Vasuki THE Singapore stock market started the new year on a subdued but firm note last week. Trading volumes were thin, institutional investors preferred to concentrate on blue chip stocks, and share prices closed broadly higher. They were no dramatic rises1,241 words
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Article3812 1991-01-07 18 MAIN BOARD Gr's Gf's 1990/91 Tel Last Vol Week Last Quote Div Div YTd Net M Cap High Low Code Company Sale 0T(D00) High Low Buyer Seller CVr P/E Smil INDUSTRIAL COMMERCIAL 277 152 t 1000 Acma 167 6 31 167 162 166 168 102.4 42.0 281.4 80.8 1018.6 2903,812 words
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Article3616 1991-01-07 19 M« n tfoard 795 +95 13 6% LAv50» 240 +54 +29 0% S!« oreigj. 1340 30 2 3% FAN 680 30 4.6% k «th ImtofO* 462 +28 +6.5% 5.a 1040 20 2.0% S*'.' 745 +20 +2.8% 1* ;5-»* 550 +20 +3.8% S b .lanhme 3883,616 words
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MARKET REVIEWS
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1216 1991-01-07 20 Review of 1990 and outlook for 1991 Review THE usually volatile Hongkong stock market emerged as a model of stability in 1990, unlike other Asian markets which performed badly, and Tokyo, which collapsed. Hongkong, held back in 1989 by the legacy of1,216 words
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1192 1991-01-07 20 Ray Heath - Amidst all the gloom, Ray Heath finds one man who sees a silver lining behind the UK stock market Ray Heath gV LONDON '~''ii iii i NEW YEAR'S parties were glum affairs, and I found myself at one of the glummest1,192 words
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Article735 1991-01-07 20 Dow Jones lost more than 50 points in first week of New Year YORK FT THE PSYCHOLOGY of a market is always a matter of debate. While there is little dispute about the negative forces hanging over Wall Street at present the Gulf crisis andFT - 735 words
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ASIAN MARKETS ROUNDUP
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Article93 1991-01-07 20 FALLING MARKETS overseas and fears of a Gulf war pushed down the Australian bourse to a 35-month low last Friday. The main market indicator, the All Ordinaries Index, fell 36.5 points, or 3 per cent, on the week to 1,241.5 points. "It's the lowest close since February 1988," an93 words
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Article161 1991-01-07 20 THE Jakarta Stock Exchange (JSE) got off to a slow start, with prices falling in the two trading days last week after rising for three consecutive weeks. Earlier predictions that the market would pick up further after the New Year failed to materialise as investors preferred to sit it161 words
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Article79 1991-01-07 20 SOUTH KOREA'S stock market started the new year on a weak note, rising a slight 2.23 points on thin trading. Analysts said a bleak economic outlook led to the bearish mood following the worst year on record. The Seoul Stock Exchange dropped 23.4 per cent in value in 199079 words
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Article132 1991-01-07 20 AFP INDIA'S stock markets continued their slide in the first three trading days of the new year, with the Bombay Stock Exchange (BSE) sensitivity index reaching a low of 982.35 from 1,048.29 at last year's close. The 100-scrip national index paralleled the slide, dropping by 8.43 points from lastAFP - 132 words
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Article127 1991-01-07 20 THE Securities Exchange of Thailand (SET) index closed on Friday at 609.88 points, down 2.98 points from the previous week, a SET spokesman said. The average index for the week dropped to 597.25 points from the previous week's 601.19. The average daily value of shares traded was 861.81 mil-127 words
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201 1991-01-07 20 AFP SHARE PRICES on the Tokyo Stock Exchange (TSE) started 1991 on a strong note last Friday, with the key Nikkei Stock Average advancing 220.47 yen or 0.9 per cent from 24,069.18 yen on the last trading day of 1990. The Tokyo StockAFP - 201 words
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Page 20 Advertisements
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Advertisement125 1991-01-07 20 v 1 wm |l y flj Scalpel...scissors...sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through Business Times. In the same way125 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration1069 1991-01-07 21 MBT THANKS TO firmer trading on Friday, early losses were trimmed and share prices closed mixed on the Kuala Lumpur stock market last week. Hopes for a year-end rally were dashed as most institutional investors had closed their books early and win-dow-dressingMBT - 1,069 words
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Article3075 1991-01-07 21 1990 i Jist Vol Week Net Cap High IjOW Company Sale "000 High L»w P/E Smil INDUSTRIALS 179 172 AISB 50* 177 -3 325 187 172 43.2 181.6 342 328 ASM 50« 340 6 825 350 328 30.4 1395.7 2% 292 Acidchem 292 -4 51 297 292 125.6 255 2503,075 words
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Page 21 Advertisements
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Advertisement224 1991-01-07 21 BUSINESS TIM E S TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 vnrv mmmmm CANADIAN IMPERIAL BANK OF COMMERCE Assistant Manager Corporate Banking Qualifications: Minimum 5 years' relevant experience in credit analysis, credit presentation and loan administration with a financial institution Previous experience dealing with private and public companies in Thailand, Malaysia and Singapore224 words
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WORLD STOCK MARKETS
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Wall Street torn between hopes and fears
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Article, Illustration728 1991-01-07 22 STOCKS closed lower on Wall Street on Friday after a day of mixed trading in which investors were torn between poor economic indicators and hopes for a peaceful solution to the Gulf crisis. The Dow Jones index of 30 leading industrials closed at 2,566.09, a decline of 7.42728 words
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Article, Illustration742 1991-01-07 22 BRITISH share prices closed higher on London's Stock Exchange on Friday on renewed hopes of a cut in the 14 per cent British base lending rate. The Financial Times-Stock Exchange 100-share index closed up 8.3 points, or 0.4 per cent, at 2,126.1. The Financial Times 30-share index rose 11742 words
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Article369 1991-01-07 22 THE Amsterdam bourse edged up in quiet early afternoon trade on Friday after a mixed start, taking its clue from higher Frankfurt and London markets. Hopes for a peaceful solution following the US proposal on last-chance peace talks with Iraq underpinned prices although it failed to trigger outright buying.369 words
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Article192 1991-01-07 22 BELGIAN shares ended mainly lower in very thin trading of 220 million francs on Friday. The main Forward Market Index fell almost 0.94 per cent to 4830.08. Brokers said investors were shunning the market as the Jan 15 deadline drew nearer for Iraq to quit Kuwait. "There is no192 words
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Article332 1991-01-07 22 RENEWED hopes for a peaceful solution to the Gulf crisis prompted fund managers and insurers to pick up German stocks on Friday, taking the 30share DAX Index 2.2 per cent higher. But share traders remained wary, seeing the day's recovery as just another example of the volatile trading which332 words
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Article293 1991-01-07 22 FRENCH share prices closed marginally higher on Friday, with operators unwilling to take out new positions until a clear message emerged from a Luxembourg meeting of European Community foreign ministers discussing the Gulf. "People are waiting for a sure line to come out of the Luxembourg ministers' meeting," said293 words
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Article155 1991-01-07 22 SHARES on the Swedish bourse sagged on Friday in languid trading marked by pessimism over the Gulf crisis and anticipation of weak corporate results. Speculation about possible US-Iraq talks over the Gulf crisis and over the Swedish government's Jan 10 budget proposal dominated the day, at least among the155 words
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Article279 1991-01-07 22 TORONTO stocks closed slightly lower on Friday after failing to hold a brief run-up following Iraq's agreement to hold talks on the Gulf, dealers said. A cluster of US economic figures this past week reemphaised the poor economic outlook, they added. "Those people who are calling for a shallow279 words
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Article151 1991-01-07 22 HOPES for a peaceful solution to the Gulf crisis helped Italian shares maintain their opening gains at the close on Friday, and volume picked up slightly after several sessions of thin business, brokers said. However, they remained cautious given the uncertainty about the Gulf crisis and noted that the151 words
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Article289 1991-01-07 22 JOHANNESBURG gold share prices closed higher on Friday, after the bullion price rose to around CJSS3BB an ounce, dealers said. Shortly before the close the JSE All-Gold Index was 20 points higher at 1,254. The overall index was nine points lower at 2,710, while the industrial index eased nine289 words
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Article238 1991-01-07 22 SWISS share prices ended mixed with an easier bias on Friday but above earlier lows as the bourse followed the firmer trend in Frankfurt after midsession, dealers said. The all-share SPI Index slipped 1.1 points to 894.0 and the Blue Chips Average was almost unchanged at 1,371.7 points. Zurich238 words
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Article84 1991-01-07 22 INDICES TURNOVER Jan 4 (lose Previous NEW YORK Dow Jones 2.566.09 2.573.51 -7.42 NYSE Financial 120.61 120.35 +026 S&P 500 321 00 321.91 -0.91 Turnover (million) 141 141 unch LONDON Financial Times 30 1.659.5 1,648.5 11 FTSE 100 2.126.1 2,117.8 8.3 Turnover (million) 315.5 381.2 -65.7 AMSTERDAM CBS Tendencv Index84 words
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Page 22 Advertisements
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Advertisement6 1991-01-07 22 CHARTPOINT Every Saturday in Business Times6 words
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CURRENCY, MONEY & FUTURES MARKETS
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628 1991-01-07 23 REPORTS Reuter THE US DOLLAR was about one pfennig and over a yen higher in late London trading on Friday after stronger than expected US jobs data, but dealers said the move was fuelled by a big buyerReuter - 628 words
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515 1991-01-07 23 ASIAN CURRENCIES AFP MOST ASIAN currencies gained against the greenback in the first trading week of 1991, with the yen closing sharply higher against the US unit. The Australian dollar rose on the back of export sales and the New Zealand, Thai and SingaporeAFP - 515 words
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Article389 1991-01-07 23 Cross rates Jan 5 US$ S$ MS Dm Yen SFr AS NZS USS 1.7510 2.7095 1.5040 134.70 0.5163 1.2730 1.2829 1.6920 0.5711 1.5474 0.8589 0.7693 0.2949 0.7254 0.7327 0.9663 MS 0.3691 64.62 0.5551 0.4971 0.1906 0.4675 0.4735 0.6245 Dm 0.6649 1.1642 1.8015 89.56 0.3433 0.8468 0.8530 1.1250389 words
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Article556 1991-01-07 23 Interbank rates S$ Offer Overnight 4 1/4 4 1/2 1-month 4 5/16 4 7/16 2-month 4 1/2 4 5/8 3-month 4 5/8 4 3/4 Overnight mode: 4 US$ High 7 davs 8 3/16 7 5/16 1 month 7 13/16 7 5/16 2 months 7 5/8 7 5/16 3556 words
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Article, Illustration282 1991-01-07 23 AFP BRITISH Prime Minister John Major ruled out any question that sterling would be devalued within the European Monetary System (EMS) in an interview published in the Daily Mail newspaper on Friday. Sterling firmed in early trading in response to his repetition ofAFP - 282 words
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340 1991-01-07 23 Reuter HUNGARY will devalue the forint by around 13 per cent, effective today, according to official foreign exchange rates published by the National Bank of Hungary. The midpoint for the dollar will rise to 69.9529 forints from the current 60.7827, representing a devaluationReuter - 340 words
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487 1991-01-07 23 Sin Huat Bullion - GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion SPOT GOLD closed the year at US$393 00/U*****.50 last Monday, re-opened and rallied to the week's high of U*****.40/U*****.90 on Wednesday and then fell back to end the first week of the new year at487 words
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Article521 1991-01-07 23 BANKS ABN Bank 8 V Allied Insh Bank PLC 8 V Amencan Express Bank 8'/« Am'Dam R'terdam Bank 8'/« Arab Banking Corp 8V1 Arab Bank PLC Asia Commercial Bank 7V« Australia NZ Banking 8 ANZ Banking Group 8V« Ban Hin Lee Bank 8 Banca Commercial 8% Banco521 words
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Article267 1991-01-07 23 IMM Jan 4 PEUTSCHEMARK Open High Low Sett Vol Op/lnt jun 91 0.6683 0.6692 0.6600 0.6615 21.599 44,555 Sep 91 0.6655 0.6655 0.6565 0.6577 EURODOLLAR Open High Low Sett Vol Op/lnt Jun 91 92.84 92.85 92.69 92.72 128,085 612,457 Sep 91 92.99 93.00 92.82 92.88 JAPANESE YEN Open267 words
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COMMODITIES
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445 1991-01-07 24 Reuter THE Organisation of Petroleum Exporting Countries boosted its December output to a nine-month high, more than making up for the loss of Iraqi and Kuwaiti oil, a Reuter survey showed. Estimates derived from official, industry and shipping sources inReuter - 445 words
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261 1991-01-07 24 AFP A WAR in the Gulf would result in a significant slowdown in Western world manufacturing output and as a result send metal prices sharply into decline, according to a report published by the Economist Intelligence Unit (EIU) in London. TheAFP - 261 words
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905 1991-01-07 24 REPORTS AFP MOST COMMODITIES weakened as markets reopened after the New Year holiday, with oil dropping after an intensification of efforts to find a negotiated settlement to the Gulf crisis before the Jan 15 UN deadline for an Iraqi withdrawal from Kuwait. BrentAFP - 905 words
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Article1163 1991-01-07 24 Rubber RAS (fob In bates) S cents/kg Int 1 RSS Close Dec 31 Closed Jan 1 Cosed Jan 2 153.50 Jan 3 151.00 Jan 4 150.75 MRELB (fob injutes) M cents/kg Int 1 RSS Close Dec 31 Closed Jan I Qosed Jan 2 239.50 Jan 3 238.00 Jan 41,163 words
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Page 24 Advertisements
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Advertisement717 1991-01-07 24 NOTICES PC PRODUCTS PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 12A Jalan Ampas #06-01 Balestier Warehouse Singapore 1232 on Monday 31 December 1990, the following Special Resolutions were duly passed 1. That the Company be wound-up717 words
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Advertisement907 1991-01-07 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SANDEN SALES (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at Sanden House, 25 Ana Mo Kio Street907 words
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Advertisement11 1991-01-07 24 FORWHO, WHERE Aim Yxnurirar IN THE MARKET Every Thursday ADVERTISING MARKETING11 words
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Advertisement7 1991-01-07 24 Executive Jobs every Saturday in Business Times7 words
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THE TRAVEL PAGE
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Article1026 1991-01-07 25 city not a* FMffct no city mitt n» «cw etd 1900 227 i!» S w w 338 RJ182 1400 SQ105 1050 MH/SQ 0950 Amstartfaai KL841 1140 KL842 2105 SQ107 1305 670 S023 1325 SQ109 1405 MH670 0950 TSTi MH642 1500 SQ106 1045 NZ28 18,5 MH609 16251,026 words
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Article, Illustration809 1991-01-07 25 Christian Tyler - Past into present at a price LETTER FROM GREECE By Christian Tyler THE thought occurred on a moonlit night in one of those roof-top restaurants in Lindos, ancient capital of the island of Rhodes: if classical Greece gave us our most useful words, modern Greece can give us spectacular examples809 words
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Article153 1991-01-07 25 As it 3om vesterdav; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3310 1.3710 Canadian dollar 1 4950 1.3150 NZ dollar 1.0200 1.0300 Sterling pound 3.370 3.390 US dollar 1.7330 1.7780 Local faUvs to 100 units of CweigB currency Austrian schilling 16.30153 words
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Article79 1991-01-07 25 Organise! Td Duration Title Venue Organiser Td Jan 19-27 International Germany Stuttgarter Feb 4-9 International Netherlands Koninklije <31)3<V*****1 Exhibition For Mease Und Building A Nederiandae Caravan; ng, Kongrcss Construction Jaarbeurs Motoring. Tourism Exhibition Jan 21-24 Middle East Manama, Arabian Exhibition 973/*****3 Feb 7-12 International Valencia, Feria Mueitrario79 words
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Page 25 Advertisements
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Advertisement45 1991-01-07 25 WHENjI Also How Ronald Reagan was "allowed" to become Ronald Reagan 0 How the Reagan Gorbachev Summit nearly went up in flames Meet the love of Reagan's life... ...and his soulmate Wiß The latest news and much more. It&Si iiS&Mm From lunch-time. Monday to Saturday.45 words
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Page 25 Miscellaneous
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Miscellaneous252 1991-01-07 25 1 Unaccompanied vocal mu- HH—B evensong?(lo) 9 9 Stop holding the novice to "TBI 10 A businessman caught over ■Bpi farm equipment(lO) 11 The ground's near, so well- H||S HHB H used(6) 15 Place of a retirement engen- ——fIiHV HHT dering boredom(7) The 17 A woman showing com pas- 2i~"^^252 words
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Miscellaneous210 1991-01-07 25 Singapore Outlook: Showers over a few areas in the afternoon Forecast: Maximum temperature 31.8* C Assoc humidity 55% Minimum temperature 24.0"C Assoc humidity. 92% Hours of sunshine 10.05 Rainfall in mm Nil Rainfall this month 5.3 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 21/15 Windy Bangkok210 words
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Miscellaneous30 1991-01-07 25 LOOKS Fo«nl(Ts>PiCAi. TJW Hftve. sou sejLN chp>p\ oure* .of\unTiers... .i IN R££PTION?; J*CKJ.T WTH J*. Baijijfyy 7 YKOTHINO N©u> RBOUTTMaT— 1 v —-J pu?e thousands RBOUT frCUL rr>£, fM-L .J30 words
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Article, Illustration627 1991-01-07 26 Annexation of Kuwait a fait accompli Agencies IRAQI President Saddam Hussein, nine days from a UN deadline to quit Kuwait, has declared that his army was ready for the "greatest of all battles" to enforce his claim to the conquered territory. MrAgencies - 627 words
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202 1991-01-07 26 Bernama LANGKAWI traders and residents want the government to make a careful study before deciding to review the island's free port status. Chairman of the Langkawi Taxi Drivers Association Ibrahim Mat said yesterday that if the free port status were to be withdrawn,Bernama - 202 words
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390 1991-01-07 26 AP CHINESE economists are warning of a resurgence of |inflation this year despite a two-year austerity programme to hold down price Irises, an official report said !yesterday. China ordered the nationwide austerity programme in 1988, after inflation had hit a high ofAP - 390 words
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283 1991-01-07 26 AFP A TOP Sabah official charged yesterday that the arrests of the state's Chief Minister and his press aide were harassment orchestrated by Malaysia's federal government. "They (the federal government) are trying to cripple r the state government... to createAFP - 283 words
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236 1991-01-07 26 NYT THE SOVIET government and Western corporations will construct a multibilliondollar petrochemical complex in western Siberia late this year. The project had been stalled by strained diplomatic and economic ties between the countries involved, according to two Japanese trading houses. Western project partnersNYT - 236 words
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407 1991-01-07 26 S N Vasuki - By S N Vasuki THE South Korean economy lacks direction and the shortterm outlook is bleak, according to the latest risk report on the country published by Hongkong-based consultancy firm, Political Economic Risk Consultancy Ltd (PERC). With slowing economic and export growth, rising domestic407 words
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274 1991-01-07 26 AFP Reuter INFLATION in Britain is dropping, and should be followed by lower interest rates, British Prime Minister John Major said in an interview with British television yesterday. "The signs I think are unmistakeable," said Mr Major. "Interest rates willAFP; Reuter - 274 words
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Page 26 Advertisements
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Advertisement54 1991-01-07 26 PiageT jfMUER EN HORI/XjERIE I mils 1874 GENEVE CHITOSE (a leading) Jft panes* office furniture manufactirer wishes to Appoint ft nle distributor tor Singapore Malaysia/Brunei. Prefer companies with established track record In fnrnltore distribution network aid a sound financial position. Please fax year company's particulars and Information on your fnrnltore54 words
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Advertisement19 1991-01-07 26 Asian nations bracing for the costs of war, Pg 9 The price of Desert Shield war excluded, Pg 919 words
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Advertisement175 1991-01-07 26 PiageT JtMIIUER EN HORUOGERIE imilS 1874 GENEVE A Showcase Of International Real Estate. A Gppnial Tncus r A Marketplace. a similar one held last year, is grander in scale. Over eJtATE'9I from Japan, Taiwan, Hongkong, Korea, and the WORLD TRADE CENTRE double the Ssloo million achieved at the first show.175 words
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Shipping Times
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Article, Illustration350 1991-01-07 27 Rahita Elias - By Rahita Elias SEA-AIR cargo volumes through Singapore were at record levels last year with the Republic having handled an estimated 10,000 to 11,000 thousand tonnes. This means that volume of cargo using both sea and air transport rose by between 32350 words
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247 1991-01-07 27 Bernama THE MALAYSIAN federal government's decision not to return the free port status to Penang has no political motive, Parliament was told last week. Deputy Finance Minister Datuk Loke Yuen Yow said the decision was based on the fact thatBernama - 247 words
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Article173 1991-01-07 27 AFP MALAYSIA AIRLINES (MAS) will make several changes to its flight schedules to Europe from Jan 10 because of growing tension in the Gulf. MAS senior director for operations Kamaruddin Ahmad last Thursday said that MAS would suspend its operations to the United ArabAFP - 173 words
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Article131 1991-01-07 27 AFP A NEW privately-owned international airline scheduled to begin operations on July 1 claims to have taken the lead in a race with a Qantas subsidiary to fly between Australia and Taiwan. Australia World Airways (AWA) announced last Friday it had been granted landing rightsAFP - 131 words
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606 1991-01-07 27 AFP AUSTRALIA'S airlines are defying the recession, carrying record numbers of passengers as they cash in on the biggest fare discounting war in the country's aviation history, but fear their fortunes may not last. Price cutting saw what were among theAFP - 606 words
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Article, Illustration437 1991-01-07 27 Dexter Lee - Venture formed for Far East-Europe route By Dexter Lee BRITISH CARRIER Ben Line Containers will form a new company with East Asiatic Company (EAC) of Denmark to manage their combined fleet deployed on the Far East-Europe trade route next year. Called EAC-Ben Container Lines437 words
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NEWS SUMMARY
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Article50 1991-01-07 27 CONTINENTAL, Pan Am, TWA, Midway: the list of distressed US airlines reduced to selling precious assets, courting merger partners or throwing themselves at the mercy of bankruptcy courts grows ever longer. Peter Passell examines the ills of the American airline industry in a two-part series. Page 250 words
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68 1991-01-07 27 A NUMBER of investors are still interested either in a full or a partial takeover of the former East German Interflug airline. German magazine Wirtschaftswoche said a list of about a dozen interested parties includes UAL Corp's United Airlines, privatelyowned German carrier Aero Lloyd and68 words
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39 1991-01-07 27 EGYPTIAN authorities prevented two Hondurian-regis-tered cargo ships from entering the Suez Canal last Thursday, apparently in anticipation of an alleged Iraqi plot to block allied war supplies reaching the Gulf. Back Page39 words
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Article39 1991-01-07 27 NORWAY has tightened security in the North Sea to counter possible Iraqi terrorist attacks against oil installations if war breaks out in the Gulf after Jan 15, a federal oil official said last Thursday. Back Pane39 words
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LOG BOOK
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96 1991-01-07 28 IRAQI AIRWAYS has raked in a US$l2-million profit by evacuating foreign hostages held in Iraq, company director Noureddin Safi Hammadi said. Mr Hammadi said the airline had scheduled 90 flights for the former hostages held after Iraq invaded Kuwait on Aug 2 transporting them96 words
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Article79 1991-01-07 28 EMPLOYEES at the government-run Voice of America have declared a revolt against their parent organisation, asking Congress to set them free of alleged interference by the US Information Agency. In a petition circulating through the VOA building in Washington last Thursday, organisers protested against the79 words
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Article39 1991-01-07 28 A BOEING CO official says the Air Force has already opted to freeze this year's production of the B-2 Stealth Bomber at 15 planes, though the Air Force maintains no decision has been made yet.39 words
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Article46 1991-01-07 28 LANDING IN BISMARK with clothes for the Bahamas? No problem. Dave Miller has a deal for you. Mr Miller, director of Bismark's Municipal Airport, doesn't want people coming to North Dakota unprepared for cold weather, so he's offering to lend them coats.46 words
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Article66 1991-01-07 28 CHRYSLER CORP said on Thursday it was boosting prices of its 1991 vehicles by an average of US$37 each and was increasing the destination charge for each car and truck by US$2O. The increase was blamed on higher energy and transportation costs. The boost, which went into66 words
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Article50 1991-01-07 28 HUNGARIAN railway drivers staged a two-hour wage strike during peak hours last 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 recently.50 words
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Article69 1991-01-07 28 KUWAIT'S exiled government started a new radio service from Cairo last week that will concentrate on efforts to oust Iraq from the oil-rich emirate and will counter statements made by Iraqi-controlled media. The new service, which will broadcast for three hours from 1700 to 200069 words
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Article, Illustration861 1991-01-07 28 Peter Passell - Is there hope for the US airline industry with its growing number of distressed and bankruptcy cases? Peter Passell examines the issues in a two-part series. The second part will be published tomorrow Peter Passell NYT CONTINENTAL, Pan Am, TWA, Midway: the list of distressed airlines reducedNYT - 861 words
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Article871 1991-01-07 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and871 words
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Article11880 1991-01-07 36 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 maximum11,880 words
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SHIPS IN PORT
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Article535 1991-01-07 43 Voy No Borih Antral Dqjartw tod Voy No Bwth Amvil 0«parft»e K«ppd Wharves Hakuyo 006 P4B 0601/1500 0701/1500 Con Furano 14A18 K33 06.01/0600 llmamut 01/91 P3W 07 01/0700 07 01/1900 Or Abho Ma 37EB C10 aiw«*le 07.01/1930 Inabukwa 02/91 P2C 0701/2359 0801/1500 Koto Fapr E-877 K31 ato(*«te535 words
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Article1278 1991-01-07 43 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Booknt/Balance Rdts 9ap Voy No Etb/Btr hriod From To From ACX Daev 7B 08/1200 2 06/1700 07/0659 07/0900 3 07/0700 07/1159 07/1400 07/1200 07/1*59 07/1700 ACX UK 6A 07/2300 1 06/1500 06/1659 06/1900 2 06/1700 07/0659 07/0900 An Javakarta1,278 words
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Article367 1991-01-07 43 Port Klang Bartti it South Port on Jan 4: 1: Young Chemicary; 2: Vokkou; 3: Canbean I; 4: Thai Ho No 1, Hong Soon; 5: nil; 6: Peiego bo; 7: Mutia Hayu; 7A: Melaka Jaya H; J.Shell: ml. KCT: 8; Wan Hai 203; 9: NedHoyd Rosario; 10:367 words
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Article984 1991-01-07 43 FEW FRESH fixtures emerged on the dry cargo freight market on Thursday after the new year holiday, brokers said. In the grain sector a 55,000 long ton heavy grain load from the US Gulf to Rotterdam was reported fixed at a slightly firmer U5513.50 with the option of984 words
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289 1991-01-07 44 Reuter A NUMBER of investors are still interested either in a full or a partial takeover of the former East German Interflug airline, German magazine Wirtschaftswoche reported. The magazine said a list of about a dozen interested parties includes UAL Corp's United Airlines,Reuter - 289 words
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Article206 1991-01-07 44 AFP NORWAY has tightened security in the North Sea to counter possible Iraqi terrorist attacks against oil installations if war breaks out in the Gulf after Jan 15, a federal oil official said last Thursday. The state oil directorate and companies operating in the North SeaAFP - 206 words
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201 1991-01-07 44 UPI EGYPTIAN authorities prevented two Hondurian-regis-tered cargo ships from entering the Suez Canal last Thursday, apparently in anticipation of an alleged Iraqi plot to block allied war supplies reaching the Gulf. An Egyptian Interior Ministry official said the Flapos and Plelos wereUPI - 201 words
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Article, Illustration479 1991-01-07 44 AP THE TIMING seems a bit off. Just as the Gulf crisis is again underlining America's dependence on foreign oil, US car makers are introducing a road load of full-size cars. Then there's the recession, seemingly custom-designed to wreck this year's sales. MidDecember figures releasedAP - 479 words
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Page 27 Advertisements
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Advertisement158 1991-01-07 27 a managers yi/iust I W lanage BT shows you how every Monday. For other reasons, send in your subscription now. Please send I Mame: Name. Address: Address: Occupation: Occupation: Tel: Tlx/Fax: Tel: Tlx/Fax: > AIRMAIL SUBSCRIPTIOn RATES: I I want to subscribe for months at S/US$ I I I enclose:158 words
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Advertisement28 1991-01-07 27 Codtett Report 2 Contarer Schedule 17 Datfy Frwghts 17 Index to Mwrtisers 3 Slipping Gude 10.11 Sh<» m Port 17 Singapore Tries 17 Weather and Sea Conditions 1728 words
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Page 28 Advertisements
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Advertisement96 1991-01-07 28 FOR WHO, WHAT, WHERE AND WHEN CP 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 trends96 words
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Page 29 Advertisements
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Advertisement1805 1991-01-07 29 ardine shipping AGENciH n IMM 200 Cantonment Road #12 05 SouthpowiL Singapore 0208 iflniWH All IF/ Tel *****11 TELEX NO ***** ■VCTTTAVH TERMINAL/CFS Tel *****18 220 PCmfifl'l BOOKINGS Tel *****34 235 L %WW'M PESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KELANG TEL: *****18 NO MA*****/MA***** pf NANG TEL *****4 TELEX1,805 words
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Advertisement1297 1991-01-07 29 MDEXf T^ADVERTJSraS P«ge Col P»ge Col X Liner Shpg 16 3 Lizena 15 I ABC Conuinerline 13 5 Uoyd Brasi lei ro 12 3 Accord Group 8 1-3 Uoyd Tnest.no 4 1/2 15 i Lucky Seaway 15 3 Ahrenkiel Liner 16 3 Lykes Lines S I Albatros Sea-Air 14 41,297 words
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Advertisement2227 1991-01-07 29 fy...Md L-l!JIIJIJ NEXT USA SAILING MAGLEBY MAERSK V.9102 ETA SIN 15/1/91 IVessel Voy ETA I ETD 'Port 'Penang DESTINATIONS 1 Singapore Kelang This •>»«• Marg'tfh* Maeftt 9102 Feeder by cv oboo h«s Farco i IMB■■■ CFS —rn 2359 MRS M Tauro OAK LGB MOU MEM ATL MIA CMS BAI PML2,227 words
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Page 30 Advertisements
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Advertisement1194 1991-01-07 30 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE 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 17/2 KASUGA 13/511 27/1 13/2 15/2 18/2 BREMEN EXPRESS 01/510 31/1 25/2 19/2 18/2 24/2 LIVERPOOL BAY1,194 words
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Advertisement485 1991-01-07 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. 1. RONTANG 21-28/1 9/2 ||/2 IS/2 V ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN KX3 ANF VAP CALLAO SAN (PERU) ANTONIO I L. J. BONTANG 21-28/1 1/3 2/3 5/3 8/3 7/3 Callao or485 words
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Advertisement1373 1991-01-07 30 RIVtBAHA SHE regular independent full container service WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA I ALG) MAM) ROT) NORASIA SUSAN 9044-3 07/01 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 12/02 13/021,373 words
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Page 31 Advertisements
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Advertisement1759 1991-01-07 31 sstjgSteamers Maritime Holdings Ltd krv P&O M IV STRAITS SHIPPING VkfL Singapore to BmMt, East Malaysia. Containers Mjg b l <**- Voy No P Ktang S pore S'ton H'burg B haven ffdam leh ACCEPTS DUE SAILS TOKIO EXPRESS 97/505 ♦BAW 0701 13,t)l 30,01 01/€2 03/02 CARGO BENAVON 98,508 BAR 144)11,759 words
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Advertisement1499 1991-01-07 31 TO: EUROPE TO: FAR EAST SPORE MK MO K0( W sp IN DM HAM B-mm [m! ru hawi* raixsTOM a* ua ij| ;vj jm w HANIIN ROTTERDAM 012W 7/1 J%l K.l »/l »1 2W »fl CMO»A*G PARK Ollt I*l »J g/J Oil WJ CHOYANG VICTOR* QO7W 111 »1 11/1 W1,499 words
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Advertisement385 1991-01-07 31 i/V J J W!i •w i JMllfli STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION AMBALIKA TANJONC SEKI TRADER WOK PINE VOY NO 14 59 S 25 S pore SW In Pt W 22/1 P Kelang In Pt 9/1 U/l W Penang 13/1 Yangon Mongla Chittagong Calcutta385 words
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Page 32 Advertisements
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Advertisement711 1991-01-07 32 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI.VOY S PORE ROAM ADAM H BURG BREMEN ANTWERP MA T ARAM, 28MB By 3 13/3 16/3 20/3 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducement. Also accepting cargo to Catablanca. Port Said, Port Alexandria. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS,711 words
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Advertisement760 1991-01-07 32 I HANJIN SHIPPING I yy FULL CONTAINER SERVICE iS'nore I LEH RTM ANR HAM BRV FIL FEEDER VSt SIN LINE HAUL LAX OAK m 23 1 24/1 »l W W CHOYANC PARK QUE 14/1 HOAKLANO 01* 11/2 14/2 121 I XXI 31,1 1/2 1/2 3/? HANJIN OAKLAND 01/t Zi/1 DllitCi760 words
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Advertisement248 1991-01-07 32 EUROZONE FREIGHT SERVICES PTE LTD NO JO. MAjrwtU 00*0 •!>« MAXVWLI MOU» SNOWOfIf 0t« tei »W»W MX 2MSIN Tut RS 2«200 TM SW Weekly Kiprm FCL IX"L CONSOLE SVCS, TO h ROM TAIWAN HKG BKK USA UK EUROPE Services To: BRUNEI. E MALAYSIA F EAST PORTS PROVIDE INT'I TRUCKING DOOR248 words
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Advertisement1326 1991-01-07 32 y_i rZJ~q T^^ PKL SCP HKG KSC KLC PUS MKT OSK NCY S4U TVO LAX CHS BAL NYC IHV AN* ROM THP H6C PSO OMB PKL SCP I E GRAND R( 034 *1 11/1 I*l 17/1 11/1 21/1 73/1 2*l *1 27/1 211 8/2 20/2 22/2 23/2 5/3 4,3 731,326 words
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Page 33 Advertisements
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Advertisement1710 1991-01-07 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: V UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 a AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 KaTcSt 2614^ H p D K*iang-(03) *****87, Penang (04)1,710 words
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Advertisement1105 1991-01-07 33 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 vessels voTAGf [spowt h«ohc votagi spore pklawc hburg bhaven tilbury rott Antwerp K1,105 words
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Page 34 Advertisements
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Advertisement1346 1991-01-07 34 K line KAWASAKI KISfcN IvAISHA. LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST ~7 IMPORT N. AMERICA PACIFIC SOUTH-WEST /bkm. r t OO ss r l 2 °e? 2 as L feeder vessel «y r*n MID HRRANFA 1 l£l 7 9 MArTINAf(Si 1 11*7 IW 140 1f) 111 GIORGf B loCf U1,346 words
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Advertisement1233 1991-01-07 34 PHILI-ORI€NT UN€S PTC LTD ll ,108 ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 T-v BY AIR, LAND OR SEA iiy WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "HQi 5 JAN MONTREAL. OTTAWA, TORONTO, VANCOUVER,1,233 words
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Page 35 Advertisements
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Advertisement1483 1991-01-07 35 PACIFIC INTERNATIONAL LINES (PTE) LTD 2Stti m fcy PIL Building, 140 Cecil Street Singapore 0106. I JAKARTA I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 9102 11/1 13/1 17/1 PEGASUS PROGRESS 650N 9/1 12/1 IS/1 HAI GUANG 4350 11/1 14/1 HAI Mul 9101 10,11,483 words
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Advertisement1120 1991-01-07 35 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint liLl Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VOY SPORE PKLANG S HAMPTON I HAMBURG B HAVEN R'DAM L'HAVRE Tokio Express" 97/505 12/1 Via BAN 30/1 2/2 4/2 Benavon 98/508 21/1 Via1,120 words
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Advertisement318 1991-01-07 35 tegk MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg MYOMAYWA VI3IW 8/10 Jan HPA AN VlsB* In Pt AVA VIO6W 14/17 Jan TO THE BANK UNI (A service of Andrew W«lr Shipping) VT SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW318 words
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Page 36 Advertisements
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Advertisement10 1991-01-07 36 CITICORPOINSURANCE BROKERS (S) PTE LTD Tel: *****88 Fax: 225 068210 words
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Page 37 Advertisements
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Advertisement10 1991-01-07 37 CITICORPOINSURANCE BROKERS (S) PTE LTD Tel: *****88 Fax: 225 068210 words
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Page 38 Advertisements
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Advertisement790 1991-01-07 38 INTEGRATED CONTAINER SERVICE _FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV ROM ANT HBG PARIS SEN WFIOS 12/1 3/2 4/2 6/2 7/2 SACHSEN WMIO4 15/1 10/2 9/2 12/2 11/2 1/2 PANAMA SEN WFlOt 23/1 14/2 15,2 17/2 11/2 MECKLENBURG WMIOS 24/1 22/2 21/2 24/2 23/2 19/2 EUROPEAN SEN790 words
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Advertisement1004 1991-01-07 38 fSSwL K^sama CRYSTAL FREIGHT SERVICES PTE LTD LOADING FOR *****88/*****22 cbo BAißfs mmo m 0 STS VIT PACIM OUR CONSOLIDATION SERVICES TO: RgJ?" 1 51,3 4 OPI discharging fm brazil tU 1111 it VESSEL [SPOM (HKC MNI KEE YOK NCO HOB MOSTWtEN t W ***** t Oil 5/1 MB 1M1,004 words
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Advertisement141 1991-01-07 38 JE CONTAINER LINEI TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 12/1 19/1 TOKYO io/T* 13/1 PORT KELANG U/l lt/1 KOBE 13/1 20/1 PENANG 11/1 t 11/1 NAGOYA 13/1 20/1 MANILA 12/1 I 17/1 YOKOHAMA 13/1 A 20/1 BUSAN 9/1 14/1 OSAKA 13/1 A 17/1 BANGKOK 10/1141 words
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Advertisement1235 1991-01-07 38 5? CHINA OCEAN SNIPPING COMPANY FULL CONTAINER LINER SERVICE /el 2, MISTRI ROAD, HMC BUILDING TELEX r. R w S V£Vr,£ #15 00, SINGAPORE 0207 PARI F CQSTARUNE CR NO: **********0 M CABLE COSTAKLINt General Agents: GOSTAR SHIPPING rii. Liu TO EUROPE FROM EUROPE VESSUVOY SCP FIX ROT HAM AWT1,235 words
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Page 39 Advertisements
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Advertisement720 1991-01-07 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All 11*1 IK'stns 9/1. 12/1 EUROPE all Ports 12/1, 19/1 BANGKOK 12/1, 17/1 HONGKONG/CHINA 12/1, 15/1 SYI), MEL, ADEL, HRIS 14/1, 21/1 EREMANTLE 10/1, 18/1 MANILA 11/1, 18/1 PKLG/PENANG 12/1, 16/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang720 words
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Advertisement267 1991-01-07 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) I) <T\ ETHIOPIAN SHIPPING LINES Y J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA I LOADING FO« SPORE ABBAY WON/ 2/WB VO2 UARLSSAIAAM MOMBASA OMBOUfI ASSAB MASSAWA NET SANE267 words
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Advertisement755 1991-01-07 39 Itaita-PT. MASKAPAI PELAYARAN IP&PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE I TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS OF S PORE, INDONESIA. I MALAYSIA THAILAND I ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS I WE SERVE FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL *****55 SINGAPORE INDONESIA755 words
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Advertisement585 1991-01-07 39 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL VOY S PORE CEBU MANILA SIAM PAETRA* 60N Wed 9/1 Sat 12/1 $p STAR 02A 11/1 17/1 19/1 JENLINK 39N Thur 10/1 Sun 13/1 KIT! BHUM 038 18/1 24/1 26/1 NANTA BHUM 23N Thur 10/1 Sun 13/1 SO STAR 04A 25/1 31/1 2/2585 words
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Advertisement415 1991-01-07 39 TO AUSTRALIA/NEW ZEALAND VSL Sin Frtui Mt'b SfO Auci NPt P CHALK tnt express 2u ill »a m »i 3/2 *2 1/2 i huoic m ®i w uii 5/2 ai »2 brussil x> m nij w w i« C VIROLME 2M ~3/3 10/3 1M 203 253 27/3 30/3 7 DAYS415 words
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Page 40 Advertisements
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Advertisement1193 1991-01-07 40 m m MAC-NELS Singapore EXPORT TEL: *****22 IMPORT TEL: *****02 PENANG TEL (04) *****6 KK TEL: (088) *****0 TAWAU TEL (089) 7786/9 I „l P KELANG TEL (03) *****/7 KUCHING TEL: (082) *****31 SKAN TEL (089)*****2 j I j BAHRU TEL (07)*****2 SIBU TEL (084) *****2 LABUAN TEL (087)*****9 JAKARTA1,193 words
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Advertisement415 1991-01-07 40 ■■■■■vfTrTT^nvrnTßßHHi BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH FORT CHALMERS ACCEPTING FCL LCI. FOR AUCKLAND, NAPIKK. WELLINGTON. BLUFF. CHRISTCHURCH. DUNEDIN, LYTTKLTON. INVERCARGIL, FIJI AND TAHITI SIN N PVY AUCK LYT MANOAMA 0668 16 Jin 21 Jan Via NPL 30415 words
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Advertisement1021 1991-01-07 40 /3EI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL [wot Jet* Idest vessel vit eta but KIM SOON LI 02/91E 12 JAN PENANG JENHOL1,021 words
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Advertisement921 1991-01-07 41 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapofe E Msia KAMALEVERETT 08;09 Jan 10/12 Jan THOMASEVERETT 21/22 Jan 23/25 Jan KARABIEVERETT 29/31 Jan 01/03 Feb 05/07 Feb921 words
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Advertisement507 1991-01-07 41 r VSL jvoY Is poreTmainliner Ilax Ikst Isav |nyc [HFX Zltt ELAT WE 101 ZIM HAIFA i/2 14,2 17/2 Hi 2 21/2 A VESSEL 12,1 21* HAIFA 5/2 14/2 17/2 19/2 21/2 2IM PIRAEUS 126E 18/1 21* AMERICA I*2 2»/2 3/3 5/3 2/3 2IM YOKOHAMA 14E 22/1 2IM AMERICA 19/2507 words
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Advertisement745 1991-01-07 41 MSING HWANG HANG! SHIPPING k TRANSPORTATION (PTI) LTD WEEKLY LCL/FCL SERVICE I VESSEL |S PORE I JAKARTA I SURABAYA MEKHANIK KURAKO V 43N 10/1 13/1 [EQUATOR JOY V IIN 115/1 I— IS/1 VESSEL S PORE BANGKOK A VESSEL 09/1 12/01 A VESSEL 16/01 19/01 DESTINATIONS ETA SINGAPORE PORT KELANG 11745 words
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Advertisement609 1991-01-07 41 PERINTIS LINE 111 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE TIA 135 A 10/01 13/09 PELOPOH 970 IP/01 15/01 PHASE TIA 137 A 17/01 20/01 PELOPOH 971 19/01 22/01 TANTO UTAMA 133 11/01 14/01 TANTO UTAMA 135 18/01 21/01 TANTO UTAMA 137 25/01609 words
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Advertisement395 1991-01-07 41 SIN FAB EAST 13/1 KEELUNG/KAOHSIUNG 12/1 BANGKOK 15/1 MAN ILA/CEBU 12/1 JAKARTA/BELAWAN/SURABAYA 12/1 PORT KELANG/PENANG/E. Malaysia 8/1 BUSAN 13/1 TOKYO/YOKO/KOBE/NGO/OSA 15/1 HONG KONG also accepting cargo to Huangpu/Shenzhen, Fuzhou/ XiamerWXingang/Shanghai SIN EUBOPE/UK 12/1 LDN/FLX/LVP/SOU i 12/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA I 10/1 LOS ANGELES/NEW395 words
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Page 42 Advertisements
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Advertisement730 1991-01-07 42 CB SHIPPING I MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/RREAKBULK SERVICE "ANKE" SERVICE SPE PO# MISIMA LAf T WILLI Y2OSB lyl 12/1 I*l W JAK SPE POM WSIMA LAt T VILLt Y. 2158 30,1 1/2 11/2 M/ 2 I*2 17/2 NB LAE CAUGO rSMIP SAW JUAN POM BUNKER SURCHARGE730 words
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Advertisement584 1991-01-07 42 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 V 24 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 G M V 28CE90 26/1/91 19/2/91 21/2/91 26/2/91 KV U V 01WB90 30/1/91584 words
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Advertisement387 1991-01-07 42 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEEIUNG/KAOH 1001 13/01 17/01 20*01 HONG KONG 10/01 13/01 17/01 20/01 BUSAN 10/01 15/01 17/01 23/01 BANGKOK 12/01 19/01 26/01 31/01 MANILA 16/01 26/01 0502 15/02 TTs> 12/01 wi 26/0 i 02/02 !KYC LINE (S) PTE LTD., 158, CECIL STREET IDAPENSO BUILDING, #09-00 SINGAPORE387 words
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Advertisement1057 1991-01-07 42 CSROCERHSeruice HAS CHANGED ITS NAME TO CUJ3 COn-WRV IfITERmODRL REGULAR LCL SERVICE FROM 600 TERMINALS IN USA TO SINGAPORE, MALAYSIA, INDONESIA. AND BRUNEI. Gwm* Agcntt: 7KAA/SUA//C— a/) PENANG- KL: allicd-LINK SINGAPORE: 04-*****2 03-*****55 778 6522(22 lines) SttA ySI Marina Oi»fl Susan Ng/Chrtetlna Chlew Dolly Mlrpuri/EaHw Yap Straits Container Agencies (a1,057 words
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Page 43 Miscellaneous
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Miscellaneous419 1991-01-07 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 eioo 0200 0300 04M OTO MM 0700 o*oo MOO **********0013M14M*****CM17M1M0 ISM 20M 21M 22M 23M JR 1.1 1.6 2.1 2.4 2.5 2.5 2.1 1.7 1.3 LI 1.0 LI 1.4 1.8 13 2.5 16 25 11 LI 1.3 1.0 OJ 0.9419 words
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Page 44 Advertisements
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Advertisement333 1991-01-07 44 I [H KWANG CHUN TRADING ENTERPRISE l&EZrvt PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 7/1 BATU AMPAR/SEKUPANG/BATAM MEKAR INDAH 14/1 PEKAN BARU/DUMAI ABADI JAYA 8/1 DUMAI/PEKAN BARU KUALA SIAK V 25/1 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS Also333 words
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Advertisement719 1991-01-07 44 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY IBM OAK SEA HKG SIN CGM PASCAL Oil W 17/1 4/2 7/2 10/2 9/2 HYUNDAI PIONEER 3M 4/12 7/12 M/ 12 2«/12 W HYUNDAI EXPLORER 37E 19/1 24/1719 words
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Advertisement581 1991-01-07 44 ICHARTPOINT Every Saturday in Business Times NOTICE NOTICE M.V. "Emtum Aee" V«y. 14 Arrt hMm Jl.lt.M "Due Z*nu" V#y. t ArN9tagsewe ?1.1t.M Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 7th January 1091 (Monday) at Keppel Wharves581 words
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