The Business Times, 7 January 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Monday January 7 1991 75*
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  • NEWS SUMMARY
    • 87 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 aid
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    • 24 1 INFORMATION technology has been identified as a first business activity of benefit to the Malay-Muslim community in Singapore Page 2
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    • 31 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 2
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    • 35 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 7
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    • 42 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 8
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    • 26 1 SOVIET President Mikhail Gorbachev has announced new land reform measures to eradicate inefficient farming operations and boost the country's food production. Page 8
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    • 31 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 10
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    • 29 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 17
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    • 20 1 VOLUMES of sea-air cargo moved through the Republic hit record levels last year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 29 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 4
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    • 28 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 4
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    • 32 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 5
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    • 27 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 5
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    • 38 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 6
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    • 30 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 6
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    • 20 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% +1-3/8
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    • Article, Illustration
      27 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 +8.3
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    • 33 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$895/tonne +10
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  • 620 1 Introduction of unleaded petrol makes revision necessary THE half-tank rule becomes the three-quarter tank rule next month. From February 4, Singa-pore-registered vehicles crossing the causeway into Malaysia must have their fuel tanks at least three-quarters full, the government said yesterday. The new rule
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  • 312 1  -  Elarosa plans to build 43-storey apartment block From Florence Chong in SYDNEY A SINGAPORE-BASED company, Elarosa Investments Pte Ltd, has unveiled plans to develop a As3oo million residential complex on the fringe of Sydney's city centre. The company acquired the site from a company
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  • 222 1 AP A SENIOR Soviet official said yesterday that Moscow supports inter-Korea dialogue and is ready to help arrange a meeting of the South and North Korean presidents. "The Soviet Union is willing to assume a role if necessary" in helping to arrange a South-North
    AP  -  222 words
  • 416 1 NYT JAPAN'S Ministry of International Trade and Industry (MITI) has set aside 2.4 billion yen (US$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 a
    NYT  -  416 words
  • 355 1  -  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's
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  • 193 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 million
    AFP  -  193 words
  • Page 1 Advertisements
    • 194 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,h
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    • 214 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. Find
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  • HOME NEWS
    • NEWS ROUNDUP
      • 115 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 as
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      • 99 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 the
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      • 101 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 bring
        101 words
      • 91 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 deceased
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      • 74 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 a
        74 words
      • 62 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 IT
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    • 454 2  -  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 a
      454 words
    • 385 2  -  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).
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    • 320 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 scheme
      320 words
    • 251 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 per
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  • Page 2 Advertisements
    • 160 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,
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  • BT TOP 100
    • 470 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) ($mil) (*> i ciA Mar
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    • 371 3  -  Compiled by JULIANA TAY R k ComP ny ended sS '"SS Tn*M« l££gs Contra flS D«?28 P* Shjue holderjj ($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 a
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    • 397 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 annual
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    • 565 3  -  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 relative
      565 words
  • Page 3 Advertisements
    • 95 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 to
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 123 4 SOUTH KOREA'S Kolon International Corp has exported US$2.5 million worth of hosiery knitting machines to a North Korean textile company through a branch in Hongkong, South Korean newspapers reported. The newspapers said Kolon, a subsidiary of the huge Kolon group textile conglomerate, will be paid
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      • 119 4 DETAILS OF Rupert Murdoch's multi-billion dollar News Corp restructuring plan were scheduled to be mailed to participating banks over the weekend and sources near the talks said lead bankers hope the deal will close a week later. "Papers are being drawn and (should be mailed over
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      • 112 4 SOUTH KOREA'S Pohang Iron Steel Co began a U552.75 billion expansion project on Saturday to increase its steelmaking capacity to 20.8 million tons by next year. The expansion plan is for Pohang's second mill in Kwangyang on the south coast. It will increase Kwangyang's capacity by 3.3
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      • 57 4 HONGKONG'S K Wah International, a construction and property group, has raised HK$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 syndicated
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      • 63 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 from
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    • 427 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 Holdings
      427 words
    • 415 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.
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    • 256 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 in
      Reuter  -  256 words
  • Page 4 Advertisements
    • 69 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 more
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  • INTERNATIONAL COMPANY NEWS
    • 407 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 than
      FT  -  407 words
    • 423 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, said
      NYT  -  423 words
    • 205 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 soon
      AFP  -  205 words
    • 223 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
    • COMPANY BRIEFS
      • 110 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 or
        110 words
      • 99 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 it
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      • 69 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 within
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      • 62 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,
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      • 90 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 of
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      • 52 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 cent
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  • Page 5 Advertisements
    • 101 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'OL
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    • 603 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- from
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 88 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 Generale
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      • 94 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 US
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      • 96 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 no
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      • 71 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 is
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      • 2 6 Dollar$ Non$en$e
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    • 449 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 Reserve
      Reuter  -  449 words
    • 432 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 England
      Reuter  -  432 words
    • 257 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
    • 401 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 commercial
      Reuter  -  401 words
  • Page 6 Advertisements
    • 61 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 Call
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  • THE REGION
    • 458 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 who
      Reuter  -  458 words
    • 238 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 Pacific
      AFP  -  238 words
    • 176 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 Cambodia
      AFP  -  176 words
    • 304 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 that
      UPI  -  304 words
    • NOTE BOOK
      • 60 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 a
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      • 61 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," one
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      • 56 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 Toshiki
        56 words
      • 52 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 protect
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      • 31 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.
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  • Page 7 Advertisements
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    • 306 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 than
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  • THE WORLD 1
    • WORLD WATCH
      • 72 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, the
        72 words
      • 63 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 report
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      • 59 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 $6.8 billion for the whole year under a five-year export diversification programme launched
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      • 81 8 PAKISTAN'S new government aims to open the economy by promoting trade, liberalising the banking and financial sectors and selling off public enterprises. Finance Minister Sartaj Aziz said on Friday. "Our main emphasis is to convert the Pakistan economy gradually from a semi-closed into a semiopen
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      • 74 8 A GERMAN alleged to have smuggled more than US$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 alleged
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      • 86 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,
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    • 431 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 looked
      Reuter  -  431 words
    • 429 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 a
      Reuter  -  429 words
    • 440 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's
      AP  -  440 words
    • 259 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 part
      AFP  -  259 words
    • 405 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 faces
      AP  -  405 words
    • 389 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 in
      AFP  -  389 words
    • 530 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 Delhi
      AFP  -  530 words
    • 327 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 cost
      AP  -  327 words
  • Page 8 Advertisements
    • 295 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 KONG
      295 words
    • 167 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 BANKING
      167 words

  • Page 9 Advertisements
    • 95 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 in
      95 words
    • 156 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 gap
      156 words

  • ANALYSIS
    • 1222 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
    • 767 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 the
      NYT  -  767 words
  • Page 10 Advertisements
    • 34 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
    • 46 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, jjk
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  • Page 10 Miscellaneous
    • 53 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 lAJEPB
      53 words

  • Page 11 Advertisements
    • 88 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 of
      88 words

  • ENTERPRISE & MANAGEMENT
    • 1079 12  -  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 its
      1,079 words
    • 541 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
  • Page 12 Advertisements
    • 500 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 Quality
      500 words
    • 89 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

  • Page 13 Advertisements
    • 502 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-PACIFIC
      502 words

  • SPORTS 1
    • 544 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 and
      AP  -  544 words
    • SIDE LINES
      • 102 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 from
        102 words
      • 111 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 runs
        111 words
      • 144 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 stage
        144 words
      • 100 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 3-1
        100 words
    • 182 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
    • 500 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 take
      AFP; AP  -  500 words
    • 602 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 world
      AP  -  602 words
  • Page 14 Advertisements
    • 131 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 International
      131 words
    • 16 14 2 powerful facilities i? Toil-Free Service thai j advantage for intern Singauo c Call is v
      16 words

  • Page 15 Advertisements
    • 12 15 om the International orovide a competitive ational businesses. IT* Telecom > (Oi nect
      12 words
    • 149 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 company
      149 words

  • Page 16 Advertisements
    • 199 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
    • 292 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 tiW
      292 words
    • 329 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. Plaza
      329 words
    • 259 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 flight
      259 words
  • Page 16 Miscellaneous
    • 823 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 of
      823 words

  • THE ARTS
    • 813 17  -  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 Y
      813 words
    • 110 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 Exsultate
      110 words
    • 364 17  -  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
    • 744 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 for
      FT  -  744 words
  • Page 17 Advertisements
    • 231 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 SINGAPORE
      231 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 1241 18  -  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 rises
      1,241 words
    • 3812 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 1018.6 290
      3,812 words

  • 3616 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 388
    3,616 words

  • MARKET REVIEWS
    • 1216 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 of
      1,216 words
    • 1192 20  -  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 glummest
      1,192 words
    • 735 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 and
      FT  -  735 words
    • ASIAN MARKETS ROUNDUP
      • 93 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," an
        93 words
      • 161 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 it
        161 words
      • 79 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 1990
        79 words
      • 132 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 last
        AFP  -  132 words
      • 127 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
    • 201 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 Stock
      AFP  -  201 words
  • Page 20 Advertisements
    • 125 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 way
      125 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 1069 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-dressing
      MBT  -  1,069 words
    • 3075 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 51 297 292 125.6 255 250
      3,075 words
  • Page 21 Advertisements
    • 224 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 Singapore
      224 words

  • WORLD STOCK MARKETS
    • Wall Street torn between hopes and fears
      • Article, Illustration
        728 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 7.42
        728 words
      • Article, Illustration
        742 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 11
        742 words
      • 369 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
      • 192 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 no
        192 words
      • 332 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 which
        332 words
      • 293 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," said
        293 words
      • 155 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 the
        155 words
      • 279 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 shallow
        279 words
      • 151 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 the
        151 words
      • 289 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 nine
        289 words
      • 238 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. Zurich
        238 words
      • 84 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 Index
        84 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 628 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 buyer
      Reuter  -  628 words
    • 515 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 Singapore
      AFP  -  515 words
    • 389 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 1.1250
      389 words
    • 556 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 3
      556 words
    • 282 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 of
      AFP  -  282 words
    • 340 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 devaluation
      Reuter  -  340 words
    • 487 23  -  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 at
      487 words
    • 521 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% Banco
      521 words
    • 267 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 Open
      267 words

  • COMMODITIES
    • 445 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 in
      Reuter  -  445 words
    • 261 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. The
      AFP  -  261 words
    • 905 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. Brent
      AFP  -  905 words
  • 1163 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 4
    1,163 words
  • Page 24 Advertisements
    • 717 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-up
      717 words
    • 907 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 Street
      907 words
    • 11 24 FORWHO, WHERE Aim Yxnurirar IN THE MARKET Every Thursday ADVERTISING MARKETING
      11 words
    • 7 24 Executive Jobs every Saturday in Business Times
      7 words

  • THE TRAVEL PAGE
    • 1026 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 1625
      1,026 words
    • 809 25  - 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 examples
      809 words
    • 153 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 16.30
      153 words
    • 79 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 Mueitrario
      79 words
  • Page 25 Advertisements
    • 45 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
  • Page 25 Miscellaneous
    • 252 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
    • 210 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 Bangkok
      210 words
    • 30 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 .J
      30 words

  • 627 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. Mr
    Agencies  -  627 words
  • 202 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
  • 390 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 of
    AP  -  390 words
  • 283 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 create
    AFP  -  283 words
  • 236 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 partners
    NYT  -  236 words
  • 407 26  -  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 domestic
    407 words
  • 274 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 will
    AFP; Reuter  -  274 words
  • Page 26 Advertisements
    • 54 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 fnrnltore
      54 words
    • 19 26 Asian nations bracing for the costs of war, Pg 9 The price of Desert Shield war excluded, Pg 9
      19 words
    • 175 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

  • Shipping Times
    • 350 27  -  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 32
      350 words
    • 247 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 that
      Bernama  -  247 words
    • 173 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 Arab
      AFP  -  173 words
    • 131 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 rights
      AFP  -  131 words
    • 606 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 the
      AFP  -  606 words
    • 437 27  -  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 Lines
      437 words
    • NEWS SUMMARY
      • 50 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 2
        50 words
      • 68 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 and
        68 words
      • 39 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 Page
        39 words
      • 39 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 Pane
        39 words
    • LOG BOOK
      • 96 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 them
        96 words
      • 79 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 the
        79 words
      • 39 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
      • 46 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
      • 66 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 into
        66 words
      • 50 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
      • 69 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 2000
        69 words
    • 861 28  -  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 reduced
      NYT  -  861 words
    • 871 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 and
      871 words
    • 11880 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 maximum
      11,880 words
    • SHIPS IN PORT
      • 535 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(*«te
        535 words
      • 1278 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 Javakarta
        1,278 words
      • 367 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
    • 984 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 of
      984 words
    • 289 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
    • 206 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 Sea
      AFP  -  206 words
    • 201 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 were
      UPI  -  201 words
    • 479 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 released
      AP  -  479 words
  • Page 27 Advertisements
    • 158 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
    • 28 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 17
      28 words

  • Page 28 Advertisements
    • 96 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 trends
      96 words

  • Page 29 Advertisements
    • 1805 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 TELEX
      1,805 words
    • 1297 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 4
      1,297 words
    • 2227 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 PML
      2,227 words

  • Page 30 Advertisements
    • 1194 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 BAY
      1,194 words
    • 485 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 or
      485 words
    • 1373 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 13/02
      1,373 words

  • Page 31 Advertisements
    • 1759 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)1
      1,759 words
    • 1499 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 W
      1,499 words
    • 385 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 Calcutta
      385 words

  • Page 32 Advertisements
    • 711 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
    • 760 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 DllitCi
      760 words
    • 248 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 DOOR
      248 words
    • 1326 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 73
      1,326 words

  • Page 33 Advertisements
    • 1710 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
    • 1105 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 K
      1,105 words

  • Page 34 Advertisements
    • 1346 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 U
      1,346 words
    • 1233 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

  • Page 35 Advertisements
    • 1483 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 10,1
      1,483 words
    • 1120 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 Via
      1,120 words
    • 318 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 NEW
      318 words



  • Page 38 Advertisements
    • 790 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 SEN
      790 words
    • 1004 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 1M
      1,004 words
    • 141 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 10/1
      141 words
    • 1235 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 AWT
      1,235 words

  • Page 39 Advertisements
    • 720 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 Penang
      720 words
    • 267 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 SANE
      267 words
    • 755 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 INDONESIA
      755 words
    • 585 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 2/2
      585 words
    • 415 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 DAYS
      415 words

  • Page 40 Advertisements
    • 1193 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 JAKARTA
      1,193 words
    • 415 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 30
      415 words
    • 1021 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 JENHOL
      1,021 words

  • Page 41 Advertisements
    • 921 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 Feb
      921 words
    • 507 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 19/2
      507 words
    • 745 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 11
      745 words
    • 609 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 25/01
      609 words
    • 395 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/NEW
      395 words

  • Page 42 Advertisements
    • 730 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 SURCHARGE
      730 words
    • 584 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 30/1/91
      584 words
    • 387 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 SINGAPORE
      387 words
    • 1057 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 (a
      1,057 words

  • Page 43 Miscellaneous
    • 419 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 0.9
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    • 333 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 Also
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    • 581 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 Wharves
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