The Business Times, 16 January 1991

Microfilm: NL17381
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times MCI (P) 16/12/90 Wednesday January 16 1991 75 4
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  • NEWS SUMMARY
    • Article
      US retail sales down 0.4pc last month
      73 1 AMERICAN retail sales fell 0.4 per cent in December as a broad-based drop in demand for goods weakened business, the Commerce Department said yesterday in a report reflecting Americans' concerns over recession and possible war in the Gulf. Sales for all ot 1990
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    • Article
      Another for Changi
      20 1 SOUTH KOREA'S second carrier, Asiana Airlines, yesterday launched its thrice-weekly service between Seoul and Singapore Page 2
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    • Article
      More war fears
      32 1 A WAR in the Gulf would slash Thailand's top four foreign exchange earners tourism and three key exports and take a deep bite out of the economy Page 7
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    • Article
      Bad medicine
      24 1 THE THAI Commerce Ministry fears action by American medicine makers to protect their patent rights may badly affect Thai-US talks. Page 7
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    • Article
      EC warns Moscow
      30 1 THE European Community has threatened to halt economic cooperation with Moscow worth hundreds of millions of dollars if military action in the Baltic republics continues Page 8
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    • Article
      Meeting halfway
      29 1 AS UNEMPLOYMENT continues to climb in Australia, more unions are beginning to negotiate with employers and in the process are giving up some hard-won benefits Page 11
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    • Article
      Human ball machine
      34 1 IVAN LENDL, going after his third straight Australian Open title, loosened up yesterday with a stream of booming baseline shots that made him look like a human ball machine Page 13
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    • Article
      Shiny Sheen
      22 1 MARTIN SHEEN, actor, antiwar activist and occasional jail occupant, is also the reluctant head of a Hollywood dynasty. Page 15
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    • Article
      Expansion plans
      25 1 MATTHEW ER, the driving force behind local multi-modal transport operator Mac-Nels Agencies, has formed a new regional office Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow up
      40 1 SHARE PRICES opened slightly higher in New York yesterday, with the Dow Jones index of 30 leading industrials up 1.24 point to 2,485.15. five minutes into the session. On Monday, the Dow closed down 17.57 points at 2,483.91.
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    • Article
      Footsie lower
      51 1 SHARE PRICES were lower at midday yesterday in listless trading ahead ol tiic UN deadline of 0500 GMT today for Iraq to leave Kuwait. The FTSE 100-share index was down 8.6 points, or 0.4 per cent, at 2.072.2 at about 1200 GMT. Volume was 51.9 million at 1000
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    • Article
      Three-way connection
      26 1 INDONESIA has appointed two private companies as local partners for Japanese and US companies to install 700.000 phone lines across the countrv Page 4
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    • Article
      Simex raises margins
      29 1 WITH HOPES of a peaceful settlement of the Gulf crisis receding. Simex yesterday imposed higher margin requirements on energy, currency and interest rate contracts. Page 6
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    • Article
      War path
      26 1 WORLD financial markets have gone into war footing to prepare for the extreme volatility expected should war break out in the Gulf. Page 9
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    • Article, Illustration
      STOCK INDICES
      28 1 Tuesda) Change BT-MGA 570.93 -7.19 Kuala Lumpur ...473.76 -7.68 Hongkong 3.000.82 -36.80 Tokyo Closed Sydney 1,219.4 -11.8 Monday Change New York 2.483.91 -17.58 London 2.080.8. -25.3
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SS 1.7640 Yen SSI 3014 MS 90.6473 Money market rates Overnight 4-1/4 ->-1/4 3-month 4-11/16% +1/16
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    • Article
      COMMODITIES
      34 1 London Gold AM fix USS398.00 USS2.65 Rubber S'pore Feb 154.00«/kg +2.75 M'sia Feb 238.50«/kg 2.00 KL Tin Turnover 31 tonnes-14 Spot MSl5.il/kg -0.01 Crude palm oil Turnover 2.247 lots -380 Feb MS878/tonne -24
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  • Article, Illustration
    Science and technology masterplan on the cards
    477 1  -  New science board will unveil plan in second half By Claire Leow A MASTERPLAN to chart the course for Singapore's science and technology into the next century is being prepared. To be announced in the second half of the year, it is spearheaded
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  • Article
    Lock icon UN Council hastens to discuss France's 1lth-hour initiative
    422 1 Agencies THE UNITED NATIONS Security Council, facing its own deadline for Iraq to pull its troops out of Kuwait, was last night preparing to discuss an 1 lth-hour pcace initiative by Francc. As the final few hours ticked away, military personnel and
    Agencies  -  422 words
  • Article
    Asian stocks plunge as peace hopes recede
    308 1  -  By S N Vasuki ASIAN stockmarkets yesterday registered sharp falls as hopes of a peaceful settlement in the Gulf receded. The market mood was gloomy, trading volumes were thin and declines led advances by a hefty margin. The Tokyo stockmarket was closed yesterday
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  • Article
    Hyundai bags Suntec City's $93m steelworks contract
    282 1  -  By Elaine Koh SUNTEC CITY, the $1.5 billion project taking shape in Marina Centre, has awarded a $92.7 million contract to Hyundai Engineering and Construction Co for structural steelworks of the convention centre. Hyundai, which won the contract from five other international contenders,
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  • Article
    Parliament endorses core values, with two rephrasings
    609 1  -  By Anna Teo PARLIAMENT has endorsed, with two rephrasings, the five core values outlined in the White Paper to guide and bind Singaporeans and help develop a common identity. The rephrasings. reflecting strong sentiment expressed both within and outside the House, see two
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      216 1 EXECUTIVE PLACEMENTS g *****62 Aircraft Schedule 25 Money Market 23 World News 8.9 Commodities 24 Regional News 7 Cryptic Crossword 25 Regional Stock Markets 21 Editorial 10 SES 16.17 For market indices, editorial, Financial News 6 Share Information 18 advertising and circulation ex Futures Options 23 Simex 23 tensions, call
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    • Advertisement
      Page 1 Advertisements Column 2
      236 1 f\ CchXwiy StCtJUUbM nhainiain SINCE 1888 Made in WEST GERMANY Sole Agent: H W Shelley Co. (Pie) Ltd More reports, Pj? 9, 12 1 Penthouse Floors I Enjoy a cushy life while on business. v A business trip ran In- lough. But as .i special guest of our Penthouse Floors,
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        More repair jobs from US Navy expected
        143 2 LOCAL shiprepair yards can expect more jolv> Irom the United States Navy vessels. "Although shiprepair in the Philippines is slightly cheaper, in Singapore we get better quality." said Rear Admiral Ray RSareeram. the Meet Supply Officer of the United States Pacific Fleet based
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      • Article
        Ambassador to Myanmar
        41 2 SINGAPORE'S ambassador to Thailand. BG Chin Siat Yoon, will assume the appointment as the Republic's ambassador to Myanmar as well. The Foreign Affairs Ministry said that BG Chin is expected to take up his appointment later this month.
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      • Article
        Prohibition order revoked
        74 2 THE Government has revoked the Prohibition of Entry Order against Eu Chooi Yip. former senior member of the Communist Party of Malaya (CPM), provided he severs all organisational ties with the CPM and its political wings whether in Singapore or elsewhere and abjures political activities. This will
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      • Article
        Corrections and clarifications
        23 2 DBS Bunk has informed us that its first full-service branch in Hongkong opened yesterday (Jan 15) and not on Monday.
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    • Article, Illustration
      Three-quarter tank rule takes effect on Feb 4
      519 2  -  Yesterday in Parliament By Harish Mehta PARLIAMENT enacted a law yesterday that requires Singapore-registered vehicles entering Johor Baru to have their fuel tanks three-quarters full. Steering the Bill through Parliament, Finance Minister Dr Richard Hu said the move is to prevent further
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    • Article
      Rise in CPF withdrawals for investments
      272 2 MORE THAN 86,000 Central Provident Fund members had withdrawn a net total of close to $1.5 billion by the end of last year to invest in trustee stocks, unit trusts, convertible loan stocks, and gold, the CPF Board reported yesterday. This was a 4.7
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    • Article
      Asiana launches Singapore-Seoul service
      394 2  -  By John Tan SOUTH KOREA'S second carrier Asiana Airlines yesterday launched its thrice weekly service between Seoul and Singapore. In Singapore for the inaugural flight, Hwang In Sung, Asiana's chairman and chief executive officer, said the airline expects to fly here daily by the middle of
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      296 2 Gone are the days when you had to photocopy every Hyper-Smoothing technique automatically improves fax message you received. With Canons new Laser Class v incoming images. And to add to that, Canon's Ultra High I I 111 9 Plain Paper FAX L 770, duplicating information really Quality image processing transmits
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      War of words hots up in run-up to Petaling EGM
      578 3  -  By David Chew THE BOARDROOM tussle at Malaysian-listed Petaling Tin Bhd, the 21 per cent associate of staid Straits Trading Co Ltd, has escalated into a full war of words two weeks before a court-ordered extraordinary general meeting of shareholders
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    • Article
      Lock icon M$ 80m capacity for OYLA
      427 3 MBT OYL APPLIANCES (OYLA), a joint-venture between Singapore's ACMA Electric Industries and OYL Industries to manufacture freezers and refrigerators, is expected to have an annual capacity of MsBo million when it starts production in March. Following a reverse takeover by the Lityan Group, Acma relocated
      MBT  -  427 words
    • Article, Illustration
      Lock icon Reynolds sees March listing
      338 3 Bernama WELL-KNOWN businessman Wan Azmi Wan Hamzah, appointed chairman of newly-restructured RJ Reynolds Bhd yesterday, said the cigarette manufacturing firm is most likely to be listed on the Kuala Lumpur Stock Exchange in early March. The prospectus for the offer for sale of 78.6 million ordinary
      Bernama  -  338 words
    • Article
      Lock icon KLI hopeful of second board listing for subsidiary
      621 3 MBT THE RESTRUCTURED Kuala Lumpur Industries (KLI) will have a subsidiary listed on the Kuala Lumpur Stock Exchange second board it all plans prove fruitful. KLI is at the final stage of a reverse takeover by Bee Hin Holdings (BHH) which has
      MBT  -  621 words
    • Article
      KIO raises its stake in C&C to 19.23 per cent
      283 3  -  By Quak Hiang Whai THE Gulf crisis not withstanding. the Kuwait Investment Office (KIO) is taking advantage of the current depressed share prices to stock up its stake in car distributor. Cycle Carriage. In a statement to the SES yesterday,
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    • Article
      Inchcape explains sale of KMS stake
      224 3 INCHCAPE BHD disclosed yesterday the rationale behind the sale of its 40 per cent interest in Kontrak Manufacturing Services Sdn Bhd (KMS) to Malaysianbased Timuran Holdings Bhd (Timuran) announced on Jan 11. The holding in KMS was sold because Inchcape Bhd had found it
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    • COMPANY BRIEFS
      • Article
        GB Holdings incorporates new arm
        60 3 GB HOLDINGS has incorporated a new, wholly-owned subsidiary in Malaysia, Grand Banks Yachts Sdn Bhd, which will own the company's newly awarded 30-year land lease in the Pasir Gudang Industrial Estate of Johore. At present, the Malaysian subsidiary has an authorised capital of M 525,000,
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      • Article
        SNP director resigns
        40 3 MR GOH Phai Cheng has resigned as a director of Singapore National Printer and as an alternate director to Tan Boon Teik in Insurance Corporation of Singapore. In both cases, his resignations took effect from Jan 12.
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      • Article
        More Faber shares issued
        63 3 AN additional 97,719,625 new $1 shares of Faber Group Bhd have been issued under its special issue to Fleet Holdings Sdn Bhd. not subject to the restricted offer for sale to the shareholders of Faber on the basis of one new share for every one ordinary
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      • Article
        KTM privatisation still on track
        44 3 DEPUTY Transport Minister Datin Paduka Hajah Zaleha Ismail denied in the Dewan Rakyat yesterday that the privatisation of Malayan Railway (KTM) has been cancelled. She said KTM would be turned into a corporation to pave the way for privatisation.
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      • Article
        Inter-Pacific will retain stake
        79 3 INTER-PACIFIC Industrial group will retain a 61.2 per cent stake in the new intermediate holding company, Newco on, or after, completion of the proposed merger between InterPacific Securities (IPS), United Traders Securities (UTS) and Eng Securities. In replying to a KLSE query, the group said that
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      • Article
        Davson applies for MUI shares
        49 3 MALAYAN United Industries Bhd yesterday informed the Kuala Lumpur Stock Exchange that its wholly-owned subsidiary, Davson Limited, had subscribed for 99,998 shares of 100 pence each, at par, which represented approximately 99.99 per cent of the issued and paid-up capital of MUI (UK) Limited.
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      • Article
        Golden Hope appointment
        66 3 GOLDEN Hope Plantations Bhd has appointed Syed Fahkri Barakbah as Finance Director with effect from Jan 1, 1991. In a statement in Kuala Lumpur yesterday, Golden Hope said Syed Fahkri, who joined the company as Internal Audit Director on Oct 1, 1988, has also been appointed a
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      • Article
        M'sia Packaging resignation
        29 3 MALAYSIA Packaging Industry Bhd said Mr Yukinobu Sato resigned as director on Jan 8, 1991, while Mr Koichi Kitani was appointed director on the same day.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      365 3 ra NANYANG TECHNOLOGICAL UNIVERSITY wJJ&X/ (To be established on 1 July 1991) SCHOOL OF ACCOUNTANCY BUSINESS MBA (ACCOUNTANCY) UlllllHllll 111 IHIIIIIII 111 j In July 1991, the Nanyang Technological Institute (NTI) will be reconsitituted ——__J and renamed the Nanyang Technological University (NTU). The new university Tmmmmc will be a full
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Process Automation eyes listing
        82 4 HONGKONG electroplating machinc wholesaler and distributor, Process Automation (Holdings) Ltd, is seeking a listing on the Hong Kong Stock Exchange through an issue of 60 million shares at HK$l.l2 each, the company said. It said in a statement that some $25 million of the cash raised
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      • Article
        Statoil to invest in Thai venture
        78 4 NORWAY'S state oil firm Den Norske Stats OljeselskapA/S (Statoil) said it plans to invest at least between $120 and $130 million in petroleum exploration and development in Thailand over the next three to five years. Statoil (Thailand) Ltd's managing director, Mr Tore Sund, said
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      • Article
        Indon well tests 4,900 bpd
        74 4 El DU PONT de Nemours and Co's Conoco Inc unit said an Indonesian offshore exploratory well tested about 4,900 barrels per day of oil from the Oligocene Belut formation. Conoco said its Conoco Indonesia Inc affiliate is operator of the Kerisi-IA well, located about 600
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      • Article
        Reynolds to buy Mawson
        54 4 it EYNOLDS Metals Co said it agreed to buy the Mawson Pacific Limited Australian gold-producing subsidiary of NZ Forest Products Ltd of New Zealand, for an undisclosed price. The operations it is acquiring include various mines in Western Australia, which produce a total of 80,000 ounces
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    • Article
      Lock icon Matsushita plans S'pore office to guard patents
      307 4 NYT MATSUSHITA Electric Industrial Co, the giant Japanese consumer electronics firm that recently bought MCA Inc, plans to open offices in Washington, Munich and Singapore to protect the firm's intellectual property overseas, a company spokesman said on Monday. The offices will be responsible
      NYT  -  307 words
    • Article
      Lock icon Indon partners for AT&T, NEC
      231 4 Reuter INDONESIA has appointed two private companies as local partners for Japanese and US firms to install 700.000 phone lines across the country, a state telephone official said. Director of the stateowned Pcrusahaan Umum Telckomunikasi (Perumtel) Cacuk Sudaryanto said PT Electrindo Nusantara. a unit of
      Reuter  -  231 words
    • Article, Illustration
      Lock icon Petronas hopes to discover more oil wells
      369 4 Bernama PETRONAS is looking forward to more oil discoveries as drilling activities intensify, its president. Tan Sri Azizan Zainul Abidin. says. Between 1987 and 1990, 85 exploration wells were drilled and as a result some discoveries had been made, he added in an
      Bernama  -  369 words
    • Article
      Thai firm in eucalyptus deal with Canton
      273 4 THAI farm commodities exporter, Soon Hua Seng Co, is to sign a multi-billion-baht contract to develop a eucalyptus plantation over one million rai in Canton province, China. The Nation quoted Kitti Damnernchamwanit, Soon Hua Seng's president, on Monday saying a Chinese delegation will
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    • Article
      Kanjanapas to diversify into heavy industries
      258 4 THE KANJANAPAS Group of Companies in Thailand plans to diversify into manufacturing and public infrastructure after establishing a foothold in real estate and telecommunications. The Nation on Monday reported that Keree Kanjanapas, son of business tycoon Mongkol. who also has substantial interests in Hongkong
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      697 4 advertisement r*l The hwtQkuantan I R\HANG MIRROR 1 High Tedl INVESIMENT SPIRALS IN EAST Kuantan, Fri high-technology. With M Pahang's growth a sophisticated tele- H H l/% B I I M rate has shot up communications net- >\ L f M L W 1 m. M M J from just
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Mirror Group flotation expected to go ahead
      476 5 Maxwell likely to retain majority holding Reuter ROBERT MAXWELL'S privately held Mirror Group Newspapers Ltd (M(iN) is likely to he floated within the next six months despite the gloomy economic outlook. A spokesman for Samuel Montagu, which has been appointed financial adviser for
      Reuter  -  476 words
    • Article
      Lock icon Casino commission strikes jackpot
      368 5 Reuter THE NEW JERSEY Casino Control Commission said its revenues for the month of December were up 15.6 per cent to U*****.3 million from US$lBl.9 million in December 1989. Revenues during 1990 rose 5.2 per cent to U552.95 billion from 1989 revenues of US$2.BO billion. Taj
      Reuter  -  368 words
    • Article
      Lock icon Poorer outlook for NCR sends its shares lower
      285 5 Reuter NCR CORP stock declined as investors speculated that its disappointing financial results and outlook for 1991 could make a higher takeover bid by American Telephone and Telegraph Co less likely, analysts and traders said. NCR reported 1990 net income per share
      Reuter  -  285 words
    • Article
      Lock icon Occidental takes US$ 2b charge against earnings
      224 5 Reuter OCCIDENTAL Petroleum Corp. under new leadership after the death last month of its long-time chairman Armand Hammer, on Monday announced a US$2-billion charge against its earnings that includes a sharp cut in its quarterly dividend. It will reduce debt by US$3 billion
      Reuter  -  224 words
    • COMPANY BRIEFS
      • Article
        Lazard remains top adviser on mergers
        96 5 LAZARD FRERES held its position in 1990 as the leading adviser on mergers and aequisitions involving French companies, according to a survey by the magazine Fusions et Acquisitions. Lazard advised on 38 deals worth 120.7 billion francs, against its 26 deals worth 74.4 billion
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      • Article
        No dividend from Polly Peck
        77 5 THE ADMINISTRATOR of trading group Polly Peck International pic said the half year dividend of 5.5p, which the company declared on Sep 3 for payment on Jan 15, will not be paid. The administrator. Coopers Lybrand Deloittc, said a further announcement concerning the position of
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      • Article
        Insilco gets US$ 57m financing
        71 5 INSILCO CORP, which on Sunday filed for Chapter 11 bankruptcy protection, said it has obtained up to US$57 million in debtor-in-possession financing from a bank group. Insilco opted for voluntary reorganisation after it was unable to negotiate a restructuring of its debts with bondholders. It
        71 words
      • Article
        BASF expects lower earnings
        76 5 BASF AG. Germany's largest chemical group, expects earnings in both 1990 and 1991 to be below levels reached in 1988 and 1989 but around levels seen in 1987, management board chairman Juergcn Strube said. He told journalists: "BASF expects to maintain solid earnings through 1991, below
        76 words
      • Article
        J C Penney credit facility
        84 5 JC Penney Co Inc executed a US$75O million, three-year International Revolving Credit Facility. Credit Suisse First Boston Ltd said it arranged the facility and it was subscribed to by a group of 10 banks, each with a commitment of US$75 million. The participating banks arc:
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      • Article
        VW will not borrow much
        71 5 VOLKSWAGEN AG's expansion plans in Eastern Europe and China will require relatively little outside borrowing, a senior company official said. Hans-Jorg Hunderland. president of Volkswagen of America, and soon to be the company's head of worldwide sales, said the company's expected five billion to 6.5
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      114 5 At Sterling, we have classic furniture for today s lifestyle. Complete As we are celebrating our third anniversary, we are making these with a wealth of details drawn from a priceless treasury of the best in I I^IxJLIINVJ I limited edition suites for living, dining and bedrooms even more affordable.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Security Pac cutting back dealer operations
        86 6 SECURITY Pacific Corp will restructure its primary dealer operations in US government securities as part ot an overall plan to refocus its activities on retail banking on the west coast. Security said last month that it may downsize its government securities unit as part
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      • Article
        US accounting firms calm
        69 6 MOST major US accounting firms say they have no immediate plans to follow KPMG Peat Marwick, which said it will dismiss 300 of its partners. Despite the sharp cut by Marwick, the second biggest US accounting firm, and a recent bankruptcy filing by Lavcnthol and Horwath,
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      • Article
        First Chicago may cut more jobs
        69 6 FIRST Chicago Corp, facing a deteriorating economy in 1991, may have to eliminate more jobs to make up lor future increases in loan losses, analysts said. The bank holding company said it took a US$llO million loan loss provision in the fourth quarter of
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      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article
      Simex implements higher margin requirements
      505 6  -  By S N Vasuki WITH HOPES of a peaceful settlement of the Gulf crisis receding, the Singapore International Monetary Exchange (Simex) yesterday imposed higher margin requirements on energy, currency and interest rate contracts. Simex said the new margin requirements were introduced "in view of the
      505 words
    • Article
      GAN picks S'pore as base for Far East
      190 6  -  By Diana Oon GAN INTERNATIONAL, the overseas arm of Francebased Group des Assurances Nationales (GAN) plans to use Singapore as its base for expanding its reinsurance operations in the Far East. GAN International's reinsurance subsidiary, Compagnie Transcontinentale De Reassurance (CTR) has had
      190 words
    • Article
      Lock icon Taiwan aims to be big Asian financial centre
      483 6 Reuter TAIWAN, one of the world's most powerful trading economies, has set its sights on a new goal becoming a major Asian financial centre. The island has chalked up huge trade surpluses in the past decade, and its industrial firms have become
      Reuter  -  483 words
    • Article
      S'pore branch of RNB to offer factoring facility
      407 6  -  By Quak Hiang Whai THE SINGAPORE branch of the Republic National Bank of New York (RNB) will offer the factoring facility to tap the growing trade flow between the US and AsiaPacific countries. The bank's visiting chairman. Mr Walter H Weiner, said
      407 words
    • Article, Illustration
      Lock icon UK banks prepared for liquidity crunch if Gulf war breaks out
      391 6 Reuter BRITISH BANKS have instructed their treasury departments to maintain a sufficient level of liquidity in the event of Gulf hostilities to avoid triggering a crisis over international credit lines. A spokeswoman for Barclays pic said: "The market will
      Reuter  -  391 words
    • Article
      Lock icon Loss of US$ 334m for Chase, profit for J P Morgan
      324 6 UPI CHASE Manhattan Corp. battered during 1990 bv losses on its commercial real estate lending and just now completing 5.000 job cuts, said on Monday it earned US$l93 million, or US$l.32 a share, in the fourth quarter, but lost
      UPI  -  324 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      85 6 Lunch is served at 11am for those at the top. WhUe others are watching window just won't the clock, exercise your &ep at Singapore's prerogative for an highest restaurant, early lunch. For you, It j lunch: $49.50+ we 're open at 11 am. j Semi-buffet: $39.50+ The best seats by
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  • THE REGION
    • Article, Illustration
      All-out Gulf war disastrous for Philippine economy: think-tank
      725 7  -  Inflation would soar to 26pc, with GNP growth at o.4pc From Al 0 Labita Jr in MANILA A FULL-BLOWN Persian Gulf war would bring the shaky Philippine economy to a grinding halt this year, according to a government think-tank. Inflation would soar
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    • NOTE BOOK
      • Article
        KL confident Japan will support trade group
        61 7 MALAYSIAN International Trade and Industry Minister Rafidah Aziz has expressed confidence that Japan would support an East Asian Economic Grouping (EAEG) proposed by Malaysia last month. "I think that Japan will find the proposal meriting attention and positive support simply because it is
        61 words
      • Article
        Laos warns oil hoarders
        36 7 LAOS said that hoarders had "created confusion and difficulties" in the domestic oil market. "Legal action will be taken against hoarders and profiteers," Radio Vientiane warned in a broadcast monitored in Bangkok.
        36 words
      • Article
        Jakarta lifts generator duties
        61 7 INDONESIA HAS lifted import duties on large, diesel-fuelled power generators to help offset a projected electricity shortage. Industry Minister Hartarto said. The private sector can now import duty-free power generators of more than 100 kilovolt amperes (KVA) to provide electricity to industry. Mr Hartarto said the
        61 words
      • Article
        KL opens consulate in Vietnam
        62 7 MALAYSIA is opening a consulate in Ho Chi Minh City in southern Vietnam in response to Hanoi's desire to expand economic cooperation with Kuala Lumpur, a foreign ministry statement said yesterday. It said the government has appointed Mr Abdul Latif Awang. a principal assistant secretary
        62 words
      • Article
        Thai exports encouraged
        65 7 THAI EXPORTERS have been urged to speed up their shipments of industrial products to Japan which has opened up its import markets. The Office of Thai Commercial Counsellor in Tokyo said the Japanese government had launched a series of campaigns to promote imports of industrial products from
        65 words
    • Article
      Petition could hit Thai-US trade talks
      253 7 THE THAI Commerce Ministry fears that action by American medicine manufacturers to protect their patent rights could badly affect Thai-US trade talks. According to the Bangkok Past, the American Pharmaceutical Manufacturers Association is petitioning the US Trade Representative under Section 301 of the US
      253 words
    • Article
      Lock icon Jakarta exports more industrial goods
      260 7 AP INDONESIA exported US$l2.5 billion worth of manufactured goods in 1990 compared with US$ll.O6 billion in the previous year. Industry Minister Hartarto said in Jakarta on Monday. Industrial products account for 82.5 per cent of the total value of the country's exports of items other
      AP  -  260 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      357 7 illlMMMnt WMi= Banque Asia '91/ Finance Asia '91 Tomorrow's Technology Today June 19-21,1991 Raffles City Convention Centre In 1991, BANQUE ASIA celebrates its 10th BANQUE ASIA has helped launch many major anniversary. First held in 1980, it is the oldest providers of financial technology into the and most respected bank
      357 words
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      Page 7 Advertisements Column 2
      37 7 ti-L* V*'" 1 mEs *SC <■t •.»>'" fiA }i %<■s 3" 'V /f you're an expert in your field you'll know that we're the expert in ours. THE BEST \ALCE. f CALL: 747 8622 FOR ENQUIRIES. FAX: *****65
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Karachi economy under stress despite GDP rise
        108 8 PAKISTAN'S gross domestic product grew at an annual rate of 5.2 per cent last year, hut dragging exports and a continuing balance of payments deficit kept the economy under the gun. the central bank said Monday. An annual report by the State Bank
        108 words
      • Article
        Macau joins Gatt
        81 8 MACAU has become the 101 st member of the General Agreement on Tariffs and Trade. The Portuguese colony was able to join, under Gatt rules, as it had full autonomy over its foreign trade relations. Its membership took effect on Jan 11 although, under Portuguese control, Gatt
        81 words
      • Article
        Argentine Cabinet resigns
        67 8 THE ARGENTINE GOVERNMENT on Monday night announced the resignation of the eight-member Cabinet, freeing President Carlos Menem to reshuffle the ministerial posts. "The president has all eight resignations and is analysing them," Mr Menem's spokesman Humberto Toledo said. Government sources said the key positions of economy and
        67 words
      • Article
        Privatisation reaps US$ l.6b
        78 8 ABOUT 450 COMPANIES owned by the East German state were privatised last year, providing a windfall for the government of about US$l.6 billion and preserving "more than 200.000 jobs", an official statement said on Monday. The Treuhandanstalt, the government agency given the task of disposing of
        78 words
      • Article
        Call to conserve fuel
        90 8 CALLING the worldwide situation "grave", President Fernando Collor de Mello urged Brazilians on Monday night to conserve fuel if war broke out in the Persian Gulf. "This crisis in the Middle East could bring great difficulties for countries like Brazil, which is struggling for its economic
        90 words
      • Article
        Nepal cutting state spending
        49 8 NEPAL'S interim government has clamped down on official tours, receptions and symposiums to cut down on state spending. The government ministries and dependencies would also have to change the colour of registration plates on official cars in order to better monitor misuse of state vehicles.
        49 words
    • Article, Illustration
      Lock icon EC threatens to sever cooperation with Moscow
      465 8 Agencies THE European Community has threatened to halt economic cooperation with Moscow worth hundreds of millions of dollars if military action in the Baltic republics continues. The EC issued an urgent appeal to the Soviet authorities on Monday to refrain from use of
      Agencies; Reuter  -  465 words
    • Article
      Lock icon Abu Nidal gunman kills Arafat's top aides
      380 8 AP A RENEGADE bodyguard linked to notorious terrorist Abu Nidal was arrested yesterday along with several other Palestinian suspects after he killed PLO leader Yasser Arafat's two top aides. Tunisian police described the slayings as a settling of scores by rival Palestinian factions.
      AP  -  380 words
    • Article
      Lock icon Japanese, German output up twice as fast as US
      310 8 AP INDUSTRIAL production in Japan and Germany was rising twice as fast last summer as in the US, the International Monetary Fund reported on Monday. The fund compared the months of July, August and September of 1990 with the same period
      AP  -  310 words
    • Article
      Lock icon Poland's privatisation drive fails to spark
      413 8 Public response rather subdued NYT POLAND'S campaign to sell five big state-owned companies seems to have been a disappointment. Last Friday was the deadline for sale of stock in the companies, the first to be sold by the government. And while the results arc
      NYT  -  413 words
    • Article
      Lock icon Japan may call on G-7 nations to improve relations with China
      358 8 Reuter JAPAN is likely to call on other major industrial nations to improve relations with China at talks early next week in New York, government sources said. The issue is unlikely to be on an official agenda of meetings
      Reuter  -  358 words
    • Article, Illustration
      Lock icon Tokyo to take part in farm talks
      196 8 Reuter JAPANESE Foreign Minister Taro Nakayama told US Special Trade Representative Carla Hills in Washington on Monday that Japan would take part in talks on farm trade in an attempt to revive the Uruguay Round global trade talks. Mr Nakayama said Japan would
      Reuter  -  196 words
    • Article
      World financial markets adopt strategies against volatility
      442 9  -  The Gulf Crisis From Eric Ellis in LONDON WORLD financial markets went onto war footing from first trade yesterday morning to guard against the extreme volatility expected should war break out in the Persian Gulf. With traders forecasting violent swings of between 4
      442 words
    • Article
      Lock icon Iran may help Iraq if war erupts, says paper
      277 9 AP AN IRANIAN DAILY suggested on Monday that Teheran could abandon its neutrality and side with Iraq, Iran's foe in the 1980-88 war, if hostilities erupt in the Gulf, the Islamic Republic News Agency reported. The agency, monitored in Nicosia, quoted
      AP  -  277 words
    • Article, Illustration
      Lock icon Gulf tension fails to make fund managers change strategy
      572 9 Reuter THE prospect of a Middle East war with potentially disastrous economic and market implications looms, but investment managers, remaining calm, say it has not so far meant major changes in their investment strategy. As the Jan 15 United Nations deadline
      Reuter  -  572 words
    • Article
      Lock icon Kuwait denies move to liquidate assets
      404 9 Reuter KUWAIT'S central bank governor denied market rumours on Monday that his country's government in exile had begun liquidating assets, but he conceded it might have to do so if war broke out in the Gulf. Sheikh Salem Abdel Aziz al-Sabah said liquidation could
      Reuter  -  404 words
    • Article
      Lock icon Crisis puts more pressure on Turkish economy
      592 9 AP THE Gulf trisis has added an extra burden to Turkey's already troubled economy, pushing inflation higher and creating a credibility problem in financial circles. Turkish economists had been hopeful that the annual inflation rate would go down in 1990 by 15 percentage
      AP  -  592 words
    • Article
      Lock icon Kuwaitis held as human shields
      202 9 AFP ABOUT 10,000 Kuwaitis are being held at three sites in Iraq to serve as human shields against attack, a Kuwaiti leader said in Saudi Arabia on Monday. Iraq started taking Kuwaitis hostage about a week after its August 2 invasion of the emirate, then
      AFP  -  202 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      33 9 Geneva know when you'll need Finnair for Europe. Because Finnair flies twice-weekly from Singapore to Helsinki then on to over 30 European destinations.Call *****77 for details. We know Europe from start to Finnish.
      33 words
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  • Article
    The only option left now
    556 10 EDITORIAL LET it not be said that Iraq was not given a chance to make peace. In the five-and-a-half months since it invaded its defenceless neighbour, every imaginable opportunity was extended to President Saddam Hussein to reverse his ill-conceived and ill-boding invasion of Kuwait. Countries
    556 words
  • WHAT THE OTHERS SAY
    • Article
      Time for tough action
      209 10 NOT since World War II has there been a clearer, simpler and more brutal moment of truth setting apart the right from the wrong and urging action on the upholders of justice to resist the unjust. No one in the anti-Iraqi coalition desires war. The US
      209 words
    • Article
      Brink of war
      173 10 THE world is on the brink of war as the deadline set by the UN Security Council for Iraq to withdraw from Kuwait approaches. Will Iraq withdraw at the last minute? Or will it remain defiant and go to war against the multinational forces led by the
      173 words
    • Article
      A complicated case
      139 10 AFTER the secessionists' landslide victory in Lithuania's first multiparty elections last February, the Baltic republic announced its intention to break away from the Soviet Union. If Lithuania succeeds in becoming independent, it will not only encourage the other Baltic republics, Estonia and Latvia, to do the same,
      139 words
  • REGIONAL VIEWPOINTS
    • Article
      Gorbachev's Achilles' heel
      146 10 IT COULD not have been President Mikhail Gorbachev's deliberate intention to benefit from the world's intense preoccupation with the increasingly tense situation in the Gulf area, when he sent a regiment of paratroopers to the rebellious Baltic republic of Lithuania. What Moscow should consider. however, is the
      146 words
    • Article
      Keeping terrorism at bay
      135 10 THAILAND can take only small comfort from the statement last week by the Iraqi ambassador that his nation is not at war with this country. In talks with Foreign Minister Arthit Urairat and other Thai officials. Ambassador Monir Shahib Ahmed pledged that Baghdad would not support
      135 words
    • Article
      A political minefield
      193 10 "CHINA alone has the right to speak on behalf of the Hongkong people" is an official assertion that will be remembered long after the second inconclusive round of port and airport projects talks has been forgotten. During three days of talks with Hongkong government officials, the Chinese
      193 words
  • Article, Illustration
    Lock icon Did Moscow order the crackdown?
    708 10  -  The Bush Administration is trying to read the signals through the Vilnius smoke, says Lionel Barber Lionel Barber FT THE Soviet crackdown in Lithuania could not have come at a worse time for President George Bush, and many officials in Washington wondered aloud on Sunday
    FT  -  708 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      40 10 Stay ahead of the Competition! 5525.00 (H) Ssl6 00 (S) Ethics, ecology, technology, regulations, unions. resource management, multinationals and more are discussed in this fast paced and informative book from Times Academic Press. Available at all good bookshops Federal Publications
      40 words
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      Page 10 Advertisements Column 2
      164 10 I I jV V T /I r Q iV The Directors of Midsummer Estates Ltd., developers of prestige UK investment properties, have pleasure in inviting you to personal consultations to discuss their unique opportunities at Pinehurst South, Grange Road in Cambridge, England. In .1 number ot recent independent reports, Cambridgeshire
      164 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      40 10 DOONESBURY BY GARRY TRUDEAU not mterbstw w PEfeflP)N6 TH&P COUNTRY, MAN I WOND&Z HJHO |lA/HAJ THfcY THerveHm&neBMTZANP J THEY'LL G£T j j YOU S6E-- LIK£ THEY GOT EGYPTIANS TO THE DELEFT SHOULPBE TWY'LLOeRBW£AIIN6 PUMP THEIR OIL, ANP > WHEN WEREJ U/£U-RESTED)
      40 words
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  • ANALYSIS
    • Article
      Lock icon Taking account of the US's fastest-growing minority
      537 11 A study of Asian-American tastes is helping advertising men reach out to a sizeable and comparatively affluent group NYT WHAT kind of liquor do AsianAmericans prefer? Do they chew gum? Eat cookies? Drive only Toyotas? These are the kinds of questions advertising and
      NYT  -  537 words
    • Article, Illustration
      Unions settle for a trade-off
      1425 11  -  Over the past 90 years or so, Australian unions have progressively secured unrivalled and costly benefits for their members. For example, any Australian worker is paid a 17.5 per cent loading when he takes his four-week annual holiday. But all good things must come to
      1,425 words
    • Article
      Lock icon Going for smaller pay claims
      434 11 British trade unions are reacting to the tightening economic climate Reuter Recession and a tide of business failures is starting to make hardline British trades unions think twice about lodging big pay claims, but it could be months before wage restraint catches on enough to
      Reuter  -  434 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      160 11 mi Office units with areas ranging I MP from 1,300 sq ft to 29,000 sq ft J_ 1 laJ at attractive rentals. Tj -J •The Adelphi is nght in the heart of the A city, within walking distance of the /-%|||-*||||l I financial district, major office buildings I ml II
      160 words
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  • FOCUS
    • Article, Illustration
      Lock icon Countdown to a historic battle?
      756 12 Focus gives a chronology of events in the Gulf crisis and takes a look at the people behind them AP AUGUST Iraq's army overruns Kuwait. US President George Bush orders US economic embargo against Iraq: West European and Japanese governments follow suit. UN Security Council
      AP  -  756 words
    • Article, Illustration
      Lock icon The key players in the crisis
      939 12 AP JAMES BAKER, US Secretary of State: A Princetoneducated lawyer and scion of a prominent Houston family, Mr Baker has earned a reputation as a master of political strategy in presidential campaigns for Mr Gerald Ford, Mr Ronald Reagan, and then President George Bush.
      AP  -  939 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      3 12 The I'nfair Advantage.
      3 words
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      Page 12 Advertisements Column 2
      93 12 "Hones they're playing our song." The service's impeccable. V The mood's just right. \v IW/ The cocktail's delightful. And they're playing 2 The evergreen love songs old favourites to set the mood for a great evening And for dancing cheek to IpJi J cheek all night with your favourite date.
      93 words
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  • SPORTS
    • Article, Illustration
      Lock icon Lendl charges back in devastating style
      956 13 Australian Open Agencies IF IVAN LENDL is worried about strained stomach muscles, he sure has a funny way of showing it. Lendl, going after his third straight Australian Open title, loosened up yesterday with a stream of booming baseline shots that made him look
      Agencies  -  956 words
    • SIDE LINES
      • Article
        Rose starts chalking up community service time
        90 13 PETE ROSE, fresh from the school of hard knocks, became a teacher on Monday. Rose, just one week after being released from prison, began teaching physical education to elementary school students in Cincinnati. But Rose did not become a teacher by choice. The
        90 words
      • Article
        Rowan scores first win
        68 13 HAWAIIAN-BORN Maegashira Chad Rowan overpowered Yokozuna (grand champion) Asahifuji in a hard-fought match on Monday to score his first "kimboshi" upset victory over a grand champion in the New Year Grand Sumo Tournament in Tokyo. After the initial jump-off. Rowan, whose sumo name is Akebono, drove
        68 words
      • Article
        Vatanen closes in on title
        78 13 ARI VATANEN of Finland closed in on his fourth Paris-Da-kar victory on Monday, leading his nearest rival. Frenchman Jean-Pierre Fontenay, by more than two hours of penalty time. Kenneth Ericksson of Sweden meanwhile gained a fourth-stage victory in a Mistubishi, winning the 482-km leg from
        78 words
      • Article
        Parrott flies through
        81 13 JOHN PARROTT went through to the last 64 of the World Masters in Birmingham on Monday hours after defying death in a motorway crash. Parrott, 26, narrowly escaped injury when his BMW car, being driven by manager Phil Miller, was in collision with a 38-tonne lorry on
        81 words
      • Article
        US names Davis Cup team
        62 13 ANDRE AGASSI, Aaron Krickstein, Rick Leach and Jim Pugh have been selected by captain Tom Gorman as the United States squad that will begin defence of the Davis Cup title against Mexico next month, the US Tennis Association said on Monday. The defending Cup champions
        62 words
      • Article
        Montana wins award again
        61 13 WHILE the San Francisco 49ers are trying to repeat as Super Bowl champions, their quarterback, Joe Montana, has repeated as The Associated Press Male Athlete of the Year. Montana became the fifth athlete to win the award twice and the fourth to win it consecutively, edging
        61 words
      • Article
        NSW poised for victory
        61 13 NEW SOUTH WALES is poised for victory over England's touring cricket team at stumps on the third day of a four-day match in Albury. The Sheffield Shield national champions dismissed England shortly before stumps for 235, leaving only 79 runs required for victory. At stumps, the
        61 words
    • Article
      Lock icon Texas club withdraws from consideration
      248 13 AP THE Club at Sonterra has withdrawn from consideration as the site of the 1991 Texas Open, likely paving the way for the PGA tournament to remain at Oak Hills Country Club. Kiyonori Higa, owner of the Club at Sonterra. said in a prepared statement
      AP  -  248 words
    • Article
      Lock icon Wilander, Shriver make gallant comebacks
      518 13 AP AFP TIMES have changed for Mats Wilander and Pam Shriver. Once two of the biggest names in tennis, the pair were relegated to an outside court in their first-round matches at the Australian Open yesterday. And Wilander, ranked No 1 in the world just
      AP; AFP  -  518 words
    • Article
      Lock icon Talks on joint sports teams progress
      152 13 AFP TALKS BETWEEN North and South Korea on forming joint national sports teams made some progress yesterday after delegates from Seoul accepted one of Pyongyang's demands. At the end of the twohour meeting in Panmunjom, the truce village in the middle of the Demilitarised
      AFP  -  152 words
    • Article, Illustration
      Lock icon Maradona threatens to quit soccer if not released from Napoli
      318 13 UPI SOCCER star Diego Maradona on Monday threatened to retire if his Italian club refuses to let him play next season in his native Argentina. "I can't take playing in Italy anymore," Maradona said at an airport news conference in
      UPI  -  318 words
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      Page 14 Advertisements Column 1
      223 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE Some like it hot. Mr 111 1^ m 1 mr SpK S/echuan dishes st'ivcd .11 luiu h .iihl dinner djil\ in thr tool, uniting atmosphere of S/eihujii Court. Kt-sen.llll in. 183 111 or 338
      223 words
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      Page 14 Advertisements Column 2
      320 14 Ill ill I PLUM'S illinium Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil". It's all part of the menu only for Rum's Singaporean High Tea It's a fun
      320 words
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      Page 14 Advertisements Column 3
      305 14 mmmsk av^j Sway to the beat of Ying Yang ft Heatwaves! They're HEW They're HOT They're our LATEST SENSATIONS! Alternating with Heatwaves. Ying Yang brings you hot numbers 1 to keep you moving all night! ifotidunngHawv 1 I 1 a *><; Nitc on f' Fashion Show on Wednesdays at 8.00
      305 words
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      Page 14 Advertisements Column 4
      238 14 cfiasSa/L md "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 into
      238 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      718 14 TELEVISION AND RADIO m *NMS?SM»*- v.< >W—W .«»<*<«»« *c* W Willi limmWWNNMMNBN— —m "Dl A A SBCI2 :,;;;;-;:;;|;-|;y 7.50 Masical Interlude. Excerpts (Car j BUSINESS ON RADIO rUrUIC UdlldUlC 7.25 ntM**.*** ,00 S(M) j BeC.SS^iaVHFBa-N A 00 Hunt* Shillelagh f.35 Isyak Prayer Call. 7.10 am, 9.25 am, 1.30pm, HHBVfMNfMPMHH 800
      718 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The sheen rubs off on the kids
      711 15  -  All of Martin Sheen's children have followed in his footsteps. Michael Miller reports Michael Miller Reuter Martin Sheen, actor, antiwar activist and occasional jail occupant, is also the reluctant head of a Hollywood dynasty. His three sons and one daughter are all movie
      Reuter  -  711 words
    • Article
      Lock icon It's a free-market jungle now
      622 15 AP FIRE our bureaucrats. Revamp our society. Sweep away socialism. Bring on capitalism. But be careful with our zoo. The Tierpark, the sprawling home of 7,000 animals, was one of the showcases of the communist regime that used to run East Germany. But these are
      AP  -  622 words
    • Article, Illustration
      Ullmann, York quit film shooting in Israel
      489 15 CHATTERBOX LIV Ullmann and Michael York, who had vowed to continue filming in Israel even if war breaks out, have left because their insurance company threatened to cancel their policies. They flew to London on Sunday night with their American director, Zigmond V
      489 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      253 15 AND ENTERTAIN A Yen For Fresh Japanese Food. f-S I LUNCH lINOON t Ml TO 2.15PM >! ra S DINNER: £3 S 10.15PM _4J 3 PRICES SUBJECT I TO 10% SERVICE fIIHB CHARGE AND I {■■nBPII vl V 4% CESS.. Unkai flies in fresh ingredients daily from Japan. To give
      253 words
    • Advertisement
      Page 15 Advertisements Column 2
      167 15 Restaurant and IKUIKA Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE MONDAY THURSDAY Soup erf the Day Soup ofthe Day Mixed Salad with choice of Dressings Mixed Salad with choice of Dressings Steak Maryland OR Scampi Kebabs in Paprika Rump Steak Melba OR Chicken Cordon Bleu Desserts Dcs f rts Coffee
      167 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market quiet despite prospect of war
      855 16  -  By Magdalene Ng TRADING on the local stockmarket remained quiet and uneventful yesterday despite the deadlock over Iraq's withdrawal from Kuwait and the increasing prospect of war in the Persian Gulf. Said a remisier: "Nobody cares anymore. Clients can't he bothered to call up,
      855 words
    • Article
      Untitled
      3616 16 GrVi Gr's 1990/91 lei I.ast Vol Day Ijist Quote Di* Div N W Net M a P High Code Company Sale +or- C000) High lam Buyer Seller Or P/K Swil INDUSTRIAL COMMERCIAL 277 152 t >000 Acma 164 -4 10 164 164 164 168 100.5 2? iti S£J» w ii°
      3,616 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3871 17 Main Board Asia Pacific 850 10 +1.2% K Kellas 25p 178 3.5% H Royal 184 5 2 8% OU Securities 135 f 5 3 8% Hanmau 101 I 10% YHS Wt 37 1 2.8% Causeway I tun 77 0.7% K'MPH Bond 76 Vi *0 7%
    3,871 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      279 18 Company Date Year Group Net Net earnings Gross ann to profit/loss (l) per share dividend (000) (cents) Tune. Pub Ian 3 Aug 90 $28.0t3($23.423) 23 0(19 3) 10(9 9) NS1 Dec 24 Aug 90 M$b9 064(J18 /86) 6/ 2(21 8) 20(18) YTL Corpn Dec 1/ )un 90 M$tl.530($7.127)
      279 words
    • Article
      PRELIMINARY RESULTS
      205 18 Company Date Year Group pre-tax Met earnings Gross ann to profit/loss (L) per share dividend (000) (cents) V. H Leong Credit Jan 8 Jun 90 M$*****(M$25.440) 218(16.4) 10(10) Leong Huat Jan 2 Dec 89 J182L(J356L) Pacific Can Dec 28 Sep 90 $1 387L($562h) -(0 7) Van der Horst
      205 words
    • Article
      INTERIM RESULTS
      288 18 Company Date Half-year Croup pre-tax Interim ann to profit/loss (L) dividend (000) Sateias Dec 31 Sep 90 M5462L (***** > Isetan Dec 28 Sep 90 510.458<-) -(10) MCB Hldgs Dec 27 Sep 90 M51.333(51.319l) -(2 5) Pegi Ms>a Oec 27 Sep 90 M53.590(5294l) AJe» Hldgs Dec 26 Sep
      288 words
    • Article
      CORPORATE DEVELOPMENTS
      1209 18 lan 14 Beverage group Fraser Neave may reduce its 81 5% equity stake in Centrepoint Properties Inchcape Berhad is to launch its largest protect with a $31 8m investment in a warehouse and office complex in Toh Guan Road, lurong lan 12 Palm Resort Golf and Country Club,
      1,209 words
    • Article
      DIVIDENDS ANNOUNCED
      403 18 Current Ex Books Date Total for Total for payment date dose payable the year last year MSB 101(b) tan 4 Jan 18 Ian 28 101 12% AMFP NYA Dec 14 fan 3 Feb IS NYA 281 Ami Steel 1261(b) Nov 29 Oec 13 Ian 21 1261 81TE Asa
      403 words
    • Article
      RESULTS DUE
      688 18 Singapore Stocks Last Full Year Company Period Date Year Net EPS Grow Net amxrced endnt (cwts) <•» pniit last year (5*000) CM Packard interim Nov 13 Dec 90 29 7 132 11.616(e) BMT Interim Ian 10 )un 91 254 2 150 0 773 Khanf Guan Interim fan 12
      688 words
    • Article
      APPROVED ISSUES
      109 18 Company Rights Issue Causeway kw Three for four <g, SO 60 per share Ei-date Dec 10 Books dose Dec 20 Acceptance Payment feb 1 CMA fivefor four MJ4 00 per share Ei-date Nov 23 Books close Dec 1 Acceptance Payment Jan 22 M Moiacs One tor or* MSI
      109 words
    • Article
      PROPOSED ISSUES
      347 18 Company Rights Issue Mcom One for two <n W$l 00 per share Issue of 40m Cumulative Redeemable Preference Shares of M$0 10 each at MSI per share with 10m detachable TSR Bolton One for four <„ ¥$2 00 per share FACB Capital Reduction Scheme to reduce par value
      347 words
    • Article
      BONDS, LOANS & WARRANTS
      817 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term tor owe ortfaary skart CfcC Wt Before 26 4 93 I warrant plus S3 09 casfi Causeway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus JO 77 cash or 1 warrant phis {0 77 nominal amount of
      817 words
    • Article
      RECORD HIGHS & LOWS
      190 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 hifh: 1059 04 (4/1/91) J»| ||gjj 1991 low ii?5 (15/1/91) J™.« (Z/l/91 1990 Mi 1443 (16/7/90) 1990 hjfh: 160-12 27/3/90) 1990 to? 981 07 (09 11/90) km: *****0 (11/10/90) 1989 high: *****0 (28/12/89) l ??2 h h: 1989 km: *****
      190 words
    • Article
      COMPANY MEETINGS
      176 18 Cerebos Pacific Ltd: 9th AGM at Room 835, Btti Floor. Mandarin Hotel South Wing, 333 Orchard Road, Singapore 0923 on Thursday, ian 17. at 12 noon Asia Pacific Breweries ltd: 57th AGM at 475 River Valley Road, Singapore 1024 on Tuesday. Jan 22. at 11am Berjaya Corporation (M)
      176 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      155 18 THE GROWTH TRIANGLE A Special Business Times Survey February 26, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of
      155 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Fears of Gulf war send market broadly lower
      877 19 Bernama Reuter SHARE PRICES in Kuala Lumpur closed lower across the board yesterday on further liquidation prompted by the possibility of war in the Middle East as the United Nations' deadline (1 pm local time today) for Iraq to withdraw from Kuwait
      Bernama; Reuter  -  877 words
    • Article
      Untitled
      3116 19 Last Vol Day Net Cap High Low Company Sal« -000 High Low P/F. Smil INDUSTRIALS 179 170 MSB 50* 174 -3 31 175 174 42.4 178.5 342 316 ASM 50* 318 -6 62 320 316 28.4 1305 4 296 280 Acidchem 284 -I 11 284 284 122.1 255 250 Ajinomoto
      3,116 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      306 19 BUSINESJS^TI\IES TELEPHONE: 7 3 0-5937/5902/5942 FAX: 734-4982 j MAJOR INVESTMENT SERVICES FIRM Fund Manager Around $65,000 (Re,1025) Your discipline in investment analysis, knowledge of equities in the major markets, and a good degree in accountancy, economics or business administration, could open new challenges for your career development. Our client, an
      306 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Eleventh-hour selling pushes stocks down
      2010 20 Reuter SHARE PRICES ended lower with some lastminute selling dragging down the market, brokers said. "Small investors are seeking to consolidate their positions and institutions are selling utilities before the Jan 15 deadline for Iraq to pull out of Kuwait." said Andrew To. research director
      Reuter  -  2,010 words
  • Article
    TOKYO STOCK EXCHANGE
    1663 20 Vol Jan 14 Yen High l>ow (*000) Ajinomoto 1470 10 1490 1460 335 Akai 550 10 All Nippon Airways 1310 1 30 1310 1260 303 Asahi Breweries 1110 unch 1120 1100 265 Asahi Chcm Industry 713 -7 720 710 576 Asahi Denka Kogyo 835 5 835 811
    1,663 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      129 20 m m MMM ADVERTISING MARKETING, in BUSINESS TIMES V M every Thursday, covers a vital sector of the economy comprising the Hi MIMV HIH H I country's communications muscle. lm I I JF The page monitors business developments and the players in both m h a hJLh hm international and
      129 words
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  • REGIONAL STOCK MARKETS
    • NZ shares nosedive to seven-year low
      • Article
        AUSTRALIA
        938 21 THE AUSTRALIAN sharemarket slumped closer to the critical 1200 psychological support level in nervous afternoon trade with just 24 hours to go before the expiration of the US deadline for Iraq to quit Kuwait. Brokers said a late sell-oflf was sparked by expectations of sharp falls in offshore markets
        938 words
      • Article
        BANGKOK
        703 21 THAI stocks fell sharply as investors waited for a Gulf war they believe is inevitable, brokers said. The SET Index fell 15.45 points to 583.80 on 974 million baht turnover. Declines led advances 158 to seven. Siam Cement fell two baht to 518, Siam City Cement four to 135
        703 words
      • Article
        NEW ZEALAND
        135 21 THE New Zealand share market plunged to a new seven-year low yesterday with buyers scared away by the likelihood of war in the Gulf, brokers said. But they said they had expected worse. "Rumours of a peaceful solution in the Gulf took the edge off selling," Ord Minnett's
        135 words
      • Article
        TAIPEI
        392 21 THE Taiwan stock index plunged 6.6 per cent and turnover fell to its lowest level in 18 months as panic selling swept the market before what is now seen as an unavoidable war in the Gulf, dealers said. Dragged lower by plummeting prices in the heavily-weighted financial sector, the
        392 words
      • Article
        SEOUL
        744 21 SEOUL stocks nosedived in thin trade yesterday with prices falling to the lowest level this year as nervous investors believed a war in the Gulf would be unavoidable, brokers said. The composite index shed 27.63 points to close at 624.62, the lowest since the market opened 1991 trading. Turnover
        744 words
      • Article
        MANILA
        524 21 MANILA share prices closed mostly lower yesterday ahead of the deadline for Iraq to withdraw from Kuwait, after a two-day rally traced to bargain-hunt-ing. "The market was down but it was buoyant as players positioned themselves Because of the bargain levels," said Fe Paller, analyst at Citisecurities Inc. The
        524 words
      • Article
        Lock icon JAKARTA
        568 21 Reuter JAKARTA'S stock index eased 0.66 point in quiet trading to 390.51 on turnover of 2.24 million shares yesterday. The market has been pressured by the Gulf crisis as well as the government's battle against inflation which has kept money tight and bank interest rates high. Most prominent stock
        Reuter  -  568 words
      • Article
        Untitled
        607 21 Close Ptttkho Jan IS SYDNEY All Ordinaries Index 1,219.4 1,231.2 -118 All Industrials Index 1,843.3 1.868.8 -25.5 All Resources Index 737.0 739.1 -2.1 Turnover (million) 46.38 40.50 >-5.88 BANGKOK SET Index 583 80 599.25 -15 45 Turnover (million) 974 22.77 951.23 JAKARTA Composite Index 390.51 391.17 -0.66 MANILA Composite Index
        607 words
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  • WORLD STOCK MARKETS
    • Dow bounces back to post smaller loss
      • Article, Illustration
        NEW YORK
        1218 22 IN A ROLLER-COASTER ride propelled by war rumblings. New York stocks plunged on Monday for most of the session but bounced back sharply in late trading after the Cable News Network reported that Iraq might be willing to withdraw its troops from Kuwait. The Dow Jones Industrial Average
        1,218 words
      • Article, Illustration
        LONDON
        794 22 LONDON stocks around midday yesterday were holding just off the early lows in very slow trading as war in the Gulf appeared almost inevitable and crude oil prices rose, market analysts and dealers said. The United Nations Secretary-Gen-eral Javier Perez De Cuellar ruled out an extension of the UN
        794 words
      • Article
        FRANKFURT
        248 22 GERMAN share prices edged gradually lower in the first 40 minutes of trade after a directionless start yesterday, taking the 30-share DAX Index to its lowest level since the Iraqi invasion of Kuwait. The DAX Index slipped 7.67 points to 1,320.13 by 1012 GMT. This was just below the
        248 words
      • Article
        AMSTERDAM
        261 22 DUTCH shares opened narrowly mixed in thin, nervous trade yesterday. With less than 24 hours to go until the expiry of the United Nations deadline for Iraq to withdraw from Kuwait, market operators remained sidelined. "The mood is very expectant. Who on earth wants to buy in this market?
        261 words
      • Article
        MILAN
        158 22 ITALIAN share prices opened mixed in highly nervous trading yesterday. "Prices rise one moment and then drop the next. Everybody is very nervous," said one broker. The underlying trend was pointing to a loss of 0.21 per cent in the MIB all-share index at 0930 GMT in moderate turnover.
        158 words
      • Article
        STOCKHOLM
        100 22 STOCKHOLM share prices were mixed in thin and erratic early trade yesterday, with investors unnerved by the situation in the Gulf and in the Baltic republics, dealers said. By midmorning. the Bourse General Index had lost 0.25 per cent to 807.28 in turnover of merely 49 million crowns. Blue
        100 words
      • Article
        PARIS
        130 22 GRIPPED by war worries, French share prices drifted downward yesterday morning, briefly touching new twoyear lows and then holding steady in subdued midsession trade, dealers said. The CAC-40 Index fell 15.91 points or 1.10 per cent to 1,425.26 its lowest level since the autumn of 1988 before edging up
        130 words
      • Article
        ZURICH
        298 22 SWISS shares opened steady in very thin trading yesterday as lower-than-ex-pected overnight losses in New York and easier money market rates offered some support for otherwise nervous sentiment, dealers said. The SMI-Index of leading shares edged up 2.8 points to 1,286.9 in early trading. Dealers said trade was very
        298 words
      • Article
        BRUSSELS
        132 22 BELGIAN shares opened with a lower bias in slow trade yesterday as investors remained mostly on the sidelines ahead of the UN deadline for Iraq to with- draw from Kuwait. In eariy dealings, 20 shares declined, 11 were higher and eight unchanged. "There's still general hesitation with nothing definitive
        132 words
      • Article
        JOHANNESBURG
        343 22 PRICES of leading Johannesburg shares opened slightly easier in cautious trading yesterday amid growing fears of a Gulf war as the UN deadline for Iraq to leave Kuwait drew nearer. At 10:30 am, the JSE All-Gold Index had slipped back partially to 1,344 after Monday's 61-point rise to 1,367
        343 words
      • Article
        TORONTO
        305 22 TORONTO stocks rallied to close moderately lower on Monday in seesaw trade on talk of a Cable News Network report that Iraq might be willing to pull out of Kuwait, dealers said. "That's typical of a market where you take volume out and put volatility in," one trader said.
        305 words
      • Article
        Untitled
        125 22 Jan 14 Owe Previous NEW YORK Dow Jones 2.483.91 2.***** -17.58 NYSE Financial 116.29 117.72 -1.43 SAP 500 312.49 315.23 -2.74 Turnover (million) 120.8 123.1 -2.3 LONDON Financial Times 30 1,627.9 1.646.0 -18.1 FTSE 100 2.080 8 2,106.1 -25.3 Turnover (million) 214.7 402.3 -187.6 AMSTERDAM CBS Tendency Index 75.8 78.0
        125 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ opens lower against mark as dealers refuse to take up positions
      1281 23 REPORTS THE US DOLLAR was slightly lower against the deutschemark, but higher against the yen in early European trade yesterday, with dealers nervously awaiting the expiry of the UN deadline for Iraq to leave Kuwait at 0500 GMT
      1,281 words
    • Article
      Lock icon US interest rates likely to fall, say economists
      450 23 Reuter INTEREST RATES in the United States arc likely to tumble, economists predict, bccausc few other remedies arc available to spur the US cconomy out of rcccssion. Economists say the Bush administration is virtually unable to offer any stimulative spending programmes bccausc
      Reuter  -  450 words
    • Article
      Lock icon EC does not want EMS realignment: Brittan
      164 23 Reuter THERE arc no expectations of a currency realignment in the European Monetary System, said Leon Brittan, European Commissioner in charge of financial services and competition. "Theoretically it's possible. I can't say it can't happen, but nobody wants one," Mr Brittan told a
      Reuter  -  164 words
    • Article
      FINANCIAL FUTURES
      1163 23 SjjjEX Euwoootum Open High Low Sett Est Vol Op/Int Vol Mar 91 92.66 92.66 9161 92.63 1790 ***** ***** Jun 91 92.73 92.74 92.70 92.72 1450 ***** 5032 Sep 91 92.62 92.62 92.59 92.61 250 4111 1552 Dec 91 92.30 92.33B 92.30 92.31 55 3610 206 Mar 92
      1,163 words
    • Article
      INTERBANK FOREX RATES
      416 23 Cross rates Jan IS I'SS SS MS Dm Yen SFr NZS USS 1.7625 2.7250 1.5440 135.30 0 5260 1.2X10 1.2853 I 6849 S$ ***** 1.5461 0.8760 0.7677 0.2985 0.7279 0.7293 0.9560 MS 0.3670 64.68 0 5666 0 4965 0 1930 0.4708 0 4717 0.6183 I>m 0.6477 1.1415
      416 words
    • Article
      MONEY MARKET
      591 23 Interbank rates SS Bid Offer Overnight 4 1/4 4 3/8 1-month 4 9/16 4 11/16 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-3/16 SS Bid Offer 7 days 7 7/16 7 9/16 1 month 7 7/16 7 9/16 2 months 7 7/16 7
      591 words
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  • COMMODITIES
    • Article
      R&D boosts KL palm oil, rubber, cocoa yields
      446 24  -  By David Chew THE YIELDS for palm oil, rubber and cocoa have shot up recently, thanks mainly to research and development undertaken by government agencies and private sector institutions in Malaysia. The three primary commodities together raked in a hefty M 511.4
      446 words
    • Article
      Lock icon US oil demand drops for the first time in seven years
      271 24 UPI US DEMAND for oil dropped for the first time in seven years in 1990, depressed by the slowing economy, warm weather and higher prices following Iraq's invasion of Kuwait, the oil industry reported. The American Petroleum Institute, the
      UPI  -  271 words
    • Article
      Singapore rubber prices rise on Gulf war jitters
      807 24 REPORTS SINGAPORE: Fears that war may break out in the Gulf after the expiry of the UN's 0500 GMT Wednesday deadline for Iraq to quit Kuwait pushed Singapore rubber prices higher across the board in cautious trading, dealers said. February 1 RSS
      807 words
  • Article
    PRICES
    1471 24 Rubber Jan is IMS (te> in Ww) S cents/kg Nix>n (lose In) I KSS Prompt I52 50/I53 50N 153 (KV 154 DON Inl I KSS Feb 91 153 5<VI54 0<) I540U/I54 50 Int I KSS Mar 154 50/***** 1550<VI55 5t» Inl 2 KSS OP I50.0Q/I52.00N 150 50/I52.50N Inl 3
    1,471 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      647 24 NOTICES TAT LEE BANK LIMITED ANNOUNCEMENT Pursuant to Article 6(1 )(a) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at 31st December 1990, regarding the beneficial ownership of the issued share capital of the Bank held by foreign persons
      647 words
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      Page 24 Advertisements Column 2
      7 24 Executive Jobs every Saturday in Business Times
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1150 25 City Flight ETA FUfkt ETD 1225 AMaMa QF81 2010 QF82 2115 SQ227 2200 Aaistardaai GA895 1225 KL814 1730 KL813 1525 SQ24 2215 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Bandar Sari BI421 1105 SQ182 0915 DM— SQ181 1410 B1422 1205 BI429 2030 BI430 2125 nwi||iah
      1,150 words
    • Article, Illustration
      Chugging along... when possible
      666 25  -  POSTCARD FROM JAVA By Andrea Borch Romantic was how one friend described the train trip my husband and 1 planned to take across Java. In early expectations for the vacation, the adjective easily could have applied. But once underway, romance collided with reality as it is
      666 words
    • Article
      MONEY CHANGER RATES
      153 25 As at 3pm yesterday: I >oaiI dollars to one unit of foreign current) Currencies Bid Offer Australian dollar 1.3660 1.3860 Canadian dollar I.SI70 I.S37 NZ dollar 1.0350 1.0650 Sterling pound 3.330 3.370 US dollar 1.7590 1.7690 Local dollars to 100 units of foreign currency Austrian schilling 16.00
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      73 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Jan 19-27 Internationa] Germany Stuttgarter (46)711/2589-0 Feb 4-9 International Netherlands Koninklije (31)30/*****1 Exhibition For Messe Und Building Nederlandse Caravaning. Kongress Construction Jaarbeurs Motoring, Tourism Exhibition Jan 21-24 Middle East Manama. Arabian Exhibition 973/*****3 Computer Show Bahrain Management
      73 words
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      194 25 mine (5) 23 Where one travels in the course of a safari (4) 5 Wrinkles somewhat 24 Investor making a fast 26 Time employed in com- smaller than winkles (7) buck! 4 > plaint flbout the long-wind- prance propose one Once written the legal proed parson (6,2,7) another's health (2,2)
      194 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      216 25 nrnmm Singapore Outlook: Showers over several areas in the morning and afternoon. Forecast: Maximum temperature 30.2* C Assoc humidity 73% Minimum temperature 25.2* C Assoc humidity 97% Hours of sunshine 1.20 Rainfall in mm 5.6 Rainfall this month 40.4 Rainy days this month 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      216 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      36 25 R CRuroP7Y BuyiNG To "TW/N'K I SOT qot uwrt pi lousy RoTretJ job c.Lefti< \n a chummy To A miLuof*. IY*IS IS OfFiCe slaving Ruwy 0/a? P> DOSK 8343 C EVENING STANDARD CO. LTD, IM2-IMI 0^
      36 words
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  • Article
    War in the Gulf will hamper growth of tourism industry
    466 26  -  By Suzanne Soh SINGAPORE'S tourism industry, which earned some $6 billion last year, may be adversely affected if war erupts in the Gulf. The next few months will be critical for the industry, which depends to a large extent on
    466 words
  • Article
    Lock icon Parched Malacca gets water via gas pipes
    279 26 Bernama ABOUT 13 million litres of water will soon be pumped daily from the Linggi and Muar rivers to the Malacca River and then to a reservoir in a move to bring relief to water-starved Malacca. Chief Minister Tan Sri Abdul Rahim Tamby
    Bernama  -  279 words
  • Article, Illustration
    Lock icon Troops seize Latvia police academy
    447 26 Residents erect barricades to prepare for final assault Agencies SOVIET TROOPS raided police buildings in Latvia yesterday and communists rallied in Estonia as the Kremlin stepped up pressure on the pro-independence governments in the Baltic republics. In Lithuania, scene of a bloody military crackdown on
    Agencies; Reuter picture  -  447 words
  • Article
    Lock icon For those who want to invest in Labuan
    237 26 Bernama A TWO-DAY conference on Labuan as an International Offshore Financial Centre (IOFC) will be held in Kuala Lumpur next month to inform the business community of the benefits of investing in the financial sector on the island as well as the
    Bernama  -  237 words
  • Article
    Lock icon KL scales down growth projection to 7.8pc
    537 26 Bernama THE Malaysian Finance Ministry has sealed down its growth projection for 1991 to 7.8 per cent from an earlier forecast of 8 per cent, after taking into consideration uncertainties posed by the Gulf crisis, the minister, Datuk Paduka Daim Zainuddin, said yesterday.
    Bernama  -  537 words
  • Article
    Lock icon Daim prefers single futures exchange
    247 26 Bernama MALAYSIAN Finance Minister Daim Zainuddin yesterday suggested that the Kuala Lumpur Commodity Exchange and the group of tour sponsors proposing to set up the Kuala Lumpur Options and Finance Futures exchange join forces to operate one such exchange. "My view is that they should
    Bernama  -  247 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      63 26 IS/ICDF^^ESBdl —II The Richness Of Leather Handmade To Perfection. EN BLOC SALE 36 APARTMENTS EXCLUSIVE LOCALITY NEAR BOTANIC GARDENS DISTRICT 10 Freehold Tenure 3-bedroom apartments Fully tenanted Total floor area 6,178 sq.m. (66,500 sq. ft.) Suitable for staff accommodation or service apartments operation An On-line Investment Research System INVESTAMATIC Fundamental
      63 words
    • Advertisement
      Page 26 Advertisements Column 2
      254 26 a n rs^c=iF=?^si=i —II The Rjchness Of Leather Handmade To Perfection 04) MEAN A lOT AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT AT 0 m Z > X O z m Z 2 We have recently renovated our conference z at 1 k
      254 words
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  • Shipping Times
    • Article, Illustration
      Mac-Nels group sets up regional office here
      407 27  -  By Dexter Lee MATTHEW ER, the driving force behind local multimodal transport operator Mac-Nels Agencies, has formed a new regional office to coordinate his ambitious business expansion in Asia. Called Mac-Nels Shipping (S E Asia), the Singaporebased company will function as the regional
      407 words
    • Article
      Lock icon Time charter deals hold even if war breaks out in Gulf
      326 27 Lloyd's List TANKER OWNERS who have signed time charter deals could be legally bound to send their ships into a war zone if fighting breaks out in the Persian Gulf between the multinational force and Iraq. As long as
      Lloyd's List  -  326 words
    • Article
      Lock icon Jakarta to launch new telecom satellite earlier
      307 27 AFP INDONESIA wants to launch a new telecommunications satellite earlier than planned to cope with rapidly growing domestic and regional needs, a senior telecommunications official said on Monday. "To take advantage of the very large demand for transponders the launching of the Palapa
      AFP  -  307 words
    • Article
      Lock icon Airlines preparing new flight routes to avoid conflict zone
      678 27 IHT AS WAR LOOMS in the Gulf, airlines are preparing new flight routes between Asia and Europe across China, Mongolia and the Soviet Union to avoid the probable conflict zone in the Gulf, officials said on Monday. While the detours will
      IHT  -  678 words
    • Article
      Van Ommeren starts new air and sea service
      386 27  -  By Selva Kumar DUTCH transport and trading group Van Ommeren Ceteco has started a joint air and sea service between the Far East and Europe. The new twice-weekly service is now available from Singapore, Hongkong. Japan. Korea, Taiwan and Thailand to Belgium,
      386 words
    • Article
      Lock icon JAL to start phone service on trans-Pacific route
      234 27 NYT JAPAN AIRLINES CO (JAL) says that in the spring it will begin a satellite-aided, commercial telephone service on one of its trans-Pacific routes, enabling passengers to call Japan. It would be the first direct, in-flight telephone service for calls to Japan
      NYT  -  234 words
    • NEWS SUMMARY
      • Article
        India, the king breaker
        39 27 A DROP in the prices of ships for scrap is one of the consequences of the Gulf crisis. Llody's List reports on the impact on the various countries with a ship demolition industry Page 2
        39 words
      • Article
        EC, US agree on scope off UN liner code
        43 27 EUROPEAN Transport Commissioner Karel van Miert and US counterpart Samuel Skinner have agreed not to widen the scope of the UN liner code when the code review conference meets later this month. Back Page
        43 words
      • Article
        Military duties a minor disruption: US airlines
        44 27 AMERICA'S commercial airlines have flown most of the troops and much of the military cargo to the Persian Gulf, but they said on Monday that the airlift duties caused only minor disruption to regular service Back Page
        44 words
      • Article
        Using the ocean floor for sewage dumping
        66 27 OCEANOGRAPHERS are debating whether sewage sludge and other wastes can be safely deposited on the deep sea floor. At an international meeting in Massachusettes last week, some argued that deep sea dumping of sewage sludge should not be ruled out, despite the concern
        66 words
    • LOG BOOK
      • Article
        First annual operating surplus for Airbus
        69 28 EUROPEAN aviation consortium Airbus Industrie has recorded its first annual operating surplus since it started 20 years ago. Last year, it won firm orders for 404 aircraft from 43 customers almost 50 per cent more than initially predicted at the start of the year.
        69 words
      • Article
        Order for Saab jetprops
        45 28 THE REPUBLIC of Marshall Islands has placed an order for Saab jetprops and taken options on two more aircraft. The planes will be operated by its national carrier Air Marshall Islands, with the first scheduled to be delivered in early 1994.
        45 words
      • Article
        TWA cancels Mideast service
        51 28 TRANS WORLD Airlines has cancelled its service to the Middle East, effective immediately, after the threat of war in the region led to a cancellation of its insurance. TWA said it suspended service to Tel Aviv, Cairo, Istanbul and Athens indefinitely because of the loss of
        51 words
      • Article
        Air India's plans to avoid Gulf
        47 28 AIR INDIA, with 48 flights weekly to the Gulf, will avoid the Middle East entirely if war breaks out. "We have made alternative flight plans for international flights and are monitoring the situation in the Gulf very closely," a spokeswoman said.
        47 words
      • Article
        Amended tax assessment
        58 28 THE ADELAIDE Steamship Co Ltd said it has received an income tax assessment claiming an extra A 520.8 million in tax and penalties for 1985/86. Adsteam director and company secretary Neil Branford said the assessment from the Australian Taxation Office disallowed expenses related to profits included in
        58 words
      • Article
        No plans to build 323 in US
        59 28 CONTRARY to reports in the Japanese press, Mazda Motor Corp has no plans to build its sub-compact 323 model in the US, a senior official of Mazda Motor of America said. "There are no plans to build the 323 over here," said Clark
        59 words
      • Article
        PAL trims commercial debt
        51 28 STATE-OWNED Philippine Airlines (PAL) has retired US$BO million of its US$l75 million foreign commercial debt in preparation for its privatisation by the second quarter of the year, company chairman Feliciano Belmonte said. He said PAL trimmed its commercial debt through a debt buy-back scheme implemented last
        51 words
      • Article
        GM looking at ways to cut costs
        57 28 GENERAL MOTORS Corp Automotive Components group is looking at ways to cut costs to offset the effects of the weak US vehicle market, GM executive president William Hoglund said. The company would not resort to layoffs of personnel, but would take a different
        57 words
    • Article, Illustration
      Lock icon India, the king breaker
      1192 28 A drop in the prices of ships for scrap is one of the consequences of the Gulf crisis. Lloyd's List reports on the impact on the various countries, mainly in Asia, with a ship demolition industry Lloyd's List Lloyd's List INDIA, the largest buyer of scrap
      Lloyd's List  -  1,192 words
    • Article
      Lock icon WEEKLY FREIGHTS
      670 28 AFP FREIGHT rates firmed over the past week, supported by reports that the Soviet Union had made large purchases of US grains. However, growing worries about the impact of a war in the Gulf on shipping markets and the uncertainty about what would happen reduced activity towards the
      AFP  -  670 words
    • Article
      THE SHIPPING GUIDE
      12911 36 This is a list of ships loading i at Singapore for ports around 1 the world. It tabulates, by destination, the name of the i ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published
      12,911 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        518 43 Hwwl Voy Mb Brtti Untwl Pipiitgt 1 UIL MppH VfMfYM Cs Ocean 68 K34 alongside 2001/0800 Kota Bertan 2/91 K31 alongside 1601/1500 Koto Ratna E-883 K32 alongside 1701/0600 Oceana Quee 44 K30 alongside 15.01/1500 Tatho 2101 COS alongside 16.01/1100 Irans F|ord 1868 Kll alongside 16.01/0700 Urn No
        518 words
      • Article
        CONTAINER SCHEDULE
        1318 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookme/Babnce Rdb SIfy Voy No Etb/Btr Period From To From Achtergracht AG05S 16/1730 1 15/1500 15/1659 15/1900 ACX Jade 30A 16/1500 1 15/1500 15/1659 15/1900 ACX Lotus 8A 17/0700 1 15/1500 15/1659 15/1900 2 15/1700 16/0659 16/0900 3 16/0700
        1,318 words
      • Article
        IN MALAYSIAN PORTS
        265 43 Pwim Port Butterworth berth on Jan 16: 1. Laurel Bay, Forum Power; 2: Hong Qi 186. 3: Seng Hing, Globe Emerald; 4: nd; 5: Jatidiri; 6; Gulf Bridge. Penang berth: NB Wa Ka Shio Maru No 28, Wa Ka Shio Maru No 58; C 8: nil, SB:
        265 words
    • Article
      DAILY FREIGHTS
      1080 43 CHARTERING on the dry cargo freight market on Monday was more active than of late with freight rates looking set to rise as surging oil prices push up bunker fuel costs, brokers said. World oil prices rose by over US$4 a barrel on fears of an imminent armed
      1,080 words
    • Article, Illustration
      Lock icon EC and US agree not to widen scope of UN liner code
      420 44 Lloyd's List EUROPEAN Transport Commissioner Karel van Miert and US counterpart Samuel Skinner have agreed not to widen the scope of the UN liner code when the code review conference meets later this month. Agreement that the code
      Lloyd's List  -  420 words
    • Article
      Lock icon Military duties only a minor disruption: US airlines
      409 44 AP AMERICA'S commercial airlines have flown most of the troops and much of the military cargo to the Persian Gulf, but they said on Monday that the airlift duties caused only minor disruption to regular service. "The schedules really haven't been affected
      AP  -  409 words
    • Article
      Lock icon Debate over use of sea floor for sewage dumping
      555 44 NYT OCEANOGRAPHERS are debating whether sewage sludge and other wastes can be safely deposited on the deep sea floor. At an international meeting in Massachusettes last week, some argued that deep sea dumping of sewage sludge should not be ruled out,
      NYT  -  555 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      71 27 I m UNITED I tIUS LEASING A SERVICES PTE tn> Call Te1:*****33 Container Schedule W My FrncMs Index to Advertisers 3 Sh«w* G«de 10.11 Slips m Port W Singapore Ides 1' Weather and Sea Conditions 17 Weekly Fre«hts 2 Specialising in Singapore Break-Bulk/Heavy Lift Type Cargo 10 Days Transit NYKNEWS
      71 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      100 28 FOR WHO, WHAT, WHERE AHD WHEH 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 public relations,
      100 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1876 29 JAROI(?TsMippIHCAGtScIES 200 Cantonment Road #12 05 Southpoint. Singapore 0208 \llVFr Te« *****11 TELEX NO RS 241/9 TERMINAL CFS Tel *****18 220 rVDAAAfIrI BOOKINGS Tel *****34 235 L VQuQF M tSAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 TELEX MA***** MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL
      1,876 words
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      Page 29 Advertisements Column 2
      1249 29 INDEX TOWWRTISERS Page Col Page Col X Lloyd Tries! ino 4 1/2 Lucks Seaway 15 3 ABC Containerize 13 5 Lykes Lines 5 3 Accord Group 8 1-3 AFS 15 I M Ahrenkiel Liner 16 3 Albatros Sea-Air 14 3 Mac-Nels Agencies 14 1/2 Alfred C Toepfer 15 5 Macoline
      1,249 words
    • Advertisement
      Page 29 Advertisements Column 3
      2286 29 mammmm NEXT SAILING TO U.S.A. METTE MAERSK V.9102 ETA SIN 22/1/91 Vessel Voy ETA ETD 'Pofl "Penang DESTINATIONS Si'>gapo>e Keiang Thn Merle Mae'W 9102 feeder by 22/1 oboo mrs Fan» Hi BVH HHI Hi HHi HHHHBiHHii CFS 21" 2359 MRS M Taufo OAK LGB MOO MEM ATL MIA CMS BAL
      2,286 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1237 30 T ROTTERDAM/ VOY NO S POHt P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENAVON 98 508 22/1 8/2 10/2 13/2 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 03/514 3/2 20/2 23/2 25/2
      1,237 words
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      Page 30 Advertisements Column 2
      509 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. HONTANC. 21-2N/I 9/2 11/2 IS/2 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO I L. J BONTANG 21-28/1 1/3 2/3 5/3 6/3 7/3 I Callao
      509 words
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      Page 30 Advertisements Column 3
      1442 30 I ¥2%Bt9BiAWX& &XMK I REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR £uR6PE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA MUBARAK 9046 3 21/01 264)1 10/02 15/02 16/02 17/02 18/02 19/02 21/02 NORASIA AL MANSOORAH 9047-3 28/01 16/02 17/02 21/02 22/02
      1,442 words
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      1681 31 festeamers Maritime Holdings Ltd j P&O AC M STRAITS SHIPPING ■ML V CT J »w« last (Mat*. Containers MJ■ <o» No PWa-iJ S pore S'ort N'bt,r| Bnann U'darr. Lrt jjU'fIIIMIIKfJST-! Kfll'tilVlJ{] HI BfNAVON WVB BAk 17,«1 2201 D 702 i»O2 1102 BHIIIfciMlb®""""*'!""""""*""""""" MONTI ROSA 11,5» BAR 1701 2401 1802 IMB
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      1641 31 TO: EUROPE TO: FAR EAST PANAMA StNATOR «Flot *1 fvT 5w ifij Oil CHOYANC PARR OUE ST' uTI I*l° ul\ 7VI EUROPEAN SENATOR WFW7 5,2 2t2 Ifi 43 S3 2, 2U "/> CHOTANC FRONTIER <*r 101 U 2 L] J/J i] J1 10,3 11,3 CHOYANC GIORY OWE »l W W
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      394 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL TANJONG SEKI COSMIC PRIOK PINE PIONEER VOY NO 8 tt 11 Spore Sid 26/1 24/1 P Kelang Sid 2S/1 27/1 Penang Sid Yangon Mongla Chittagoog Calcutta Yokohama 17/2 Nagoya 15/2 Osaka 13/2 Senboku Hochiminh NOTE ALSO CALLING OTHER JAPANESE PORTS,
      394 words
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      729 32 Uli CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY [~SPORE ROAM AOAM H BURG BREMEN ANTWERP MATARAM: 28MB 30/1 *3 13/3 16/3 20/3 TRIAS UNITY OQ2WB 4;3 6/4 12/4 17/4 21/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subjact to Inducement Also accepting cargo to Casablanca. Port Said. Port
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      1031 32 II j& M, I V HAWJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK I [""fportl LEM RIM ANR HAM BRV FEL CWYANC PARK Dili W 01 HANJIN SEATTLE 016* 20 I 7 2 8,2 92 9 2 11/2 12'2 HANJIN OAKLAND VM 7H M POHAHC 10&E 11/2 20/2 HANJIN
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      Page 32 Advertisements Column 3
      1425 32 J -J -T jJTTq^Tj^ IPKL SCP HKG KSC KLC PUS HKT OS* NCY SHI TYO LAX CHS BAL NYC LHV ANN RON THP H6C PSO CMS PKL SCP I E GENTLE REOJI 21/1 20/1 24/1 21/1 30,1 1/2 2/2 1/2 4/2 IV2 27/2 1/3 2/3 12/3 13/3 14/1 IV3 1113
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      1700 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: Z/***** (CR NO: **********0E) BOOKINGS: /%r UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA PAK SERVICE *****18 FAR EAST SERVICE *****48". JT TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CPS: K27 EXPORT: *****53/*****04 Penang (04) *****0. J.Bahru (07) *****3. *****4 PTI
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      Page 33 Advertisements Column 2
      1152 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 EASTBOUNO LOADING FOR WESTBOUND VtSStIS VOYACf |SPORE |MANILA M*ONC VOYAGE SPORE PKLANG NMK BHAVEN TILBURY ROTT MHWI
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      1201 34 I B K line KAWASAKI KISLN KAISHA. I-ID j I EXPORT N. AMERICA PACIFIC SOUTH-WEST ~~7 l_ttgQßT N. AMERICA SOUTH-WEST r ?ff ST 7/fcinfi r si? sjs 52'Soc IT 31 fi i I'ONS GATE BRIOGE 13 23,1 241 26.1 BROOKLYN BRIOCE 37 17/2 20/2 21/2 25/2 111 HENRY M BRIOGE
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      1186 34 PHILI-ORI€NT LMS PT€ LTD I 108 ROBINSON ROAD *0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 19 JAN MONTREAL, OTTAWA, TORONTO, CHARLESTON, T^,() 01 lAKI MUSCAT
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      1514 35 snipping liuirs, nruiirsuajf januai > 10 i#*i aissßrsa mjmm pacific international lines <pte> ltd gg PIL Building, 140 Cecil Street #03-00. Singapore 0106. 1 JAKARTA "I I BANGKOK 1 uemci uri v ciu IKT C.M VESSEL VOV SIN BKK SIN EDEN 9103 ti/1 20/1 25/1 SEA GLORY 9102 17,1 20/1
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      Page 35 Advertisements Column 2
      1051 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN R DAM LHAVRE Benavon f 98/508 22/1 Via BAR 7/2 10/2 12/2 Monte Rosa 11/507 24/1 18/2 12/2 11/2
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      Page 35 Advertisements Column 3
      330 35 CZTmyanma !pßk FIVE STAR UNE (Myanmar National Line) Loading (or Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI66W 11/20 Jan MPA AN WISW* OIK J»n PINYA VU3W 24/2S ian THE BANK UNE (A tervice of Andrew Weir Shipping) \T SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW
      330 words
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      Page 38 Advertisements Column 1
      835 38 IHFS J\ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG SACHSLN WMID4 17/1 12/2 11/2 14/2 13/2 10,2 PARIS SEN WFIOS 17/1 9,2 H2 612 10/2 MECKLENBURC WMIO6 li l 23/2 22/2 2V2 24(2 20/2 PANAMA S£N NT 106 30/1 24/2 22/2
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      Page 38 Advertisements Column 2
      1088 38 TEL: *****88/*****22 IOADtNC FOR I VESSEL (Tpout CBO OBN BAIRIS MViMO RIO SIS WIT PACUA OUR CONSOLIDATION SERVICES TO: J™*/" 115 w OPT DISCHARGING FM BRA2IL runurr VESSEL SPORE ]M*& HNL KEE TO* NGO KOB MOSTWEENI V 9ISOI I 4/3 11/1 in l«/l j»n 19/01 26/01 LONDON ROTTERDAM FELIXSTOWE ANTWERP
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      Page 38 Advertisements Column 3
      144 38 IWi JE CONTAINER LINE P TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA 19/1 t 24/1 TOKYO 17/1 20/1 PORT KELANG 11/1 I 25/ 1 KOBE 20/1 t 27/1 PENANG 11/1 24/1 NACOYA 20/1 27/1 MANILA 17/1 A 19/1 YOKOHAMA 20/1 t 27/1 BUSAN 17/1 21/1 OSAKA
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      Page 38 Advertisements Column 4
      1333 38 fS taisif® i- a 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE cy TE B L 2, MISTRI ROAD. HMC BUILDING TELEX i. R w s OSHIP #15-00, SINGAPORE 0207 PARI F COSTARLINF CR NO: **********0 M CABLE GOSTAKLINt General Agents: CQ6TAR SHIPPING PTE LTD TO EUROPE FROM EUROPE
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      1004 39 NIHON-ASIA B TSUgffLSg** ,S1 PT£ LTD m FAX: *****15/*****03 CR **********0N til TELEX: RS ***** RISHIP (3 Line#) I TEL: *****22 FAX: *****86 ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) Competitive Rates!! P™" 1 101 1 SPORE ETA ABBAY V4ONZ 127W8 I VO2 IDARLSSALAAM MOMBASA OJIBOUT I ASSAB MASSAWA
      1,004 words
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      Page 39 Advertisements Column 2
      754 39 MASKAPAI PELAYARAN P&PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, JKoWCtPrlw'tcL CAHOO TO AU MSTINATIOMS t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 MMAPORt MOONCSIA SCRVICE VSL VOY SIN JKT PAJ SIN PUL AMAN 33S 17/1
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      Page 39 Advertisements Column 3
      943 39 r N CR NO 1033M*****E BANGKOK CEBU/MANILA 1 VESSEL VOY SINCAPORE BANGKOK VESSEL [vOY SPORE CEBU MANILA NANTA BHUM 24N Wed In Pt Sat 19/1 KITI BHUM 038 U/l 24/1 26/1 JENLINK m Thuf 17/1 Sun 20/1 SO STAR MA 250 31/1 2/2 SI AM PAETRA#* 61N Sat 19/1 Tut
      943 words
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      1208 40 W A ««AC-NELS SINGAPORE EXPORT TEL; *****22 IMPORT TEL: *****02 |l TEL (04) *****6 KK TEL (088) *****0 JTAWAU TEL (089) 7/8679 I KELANG TEL (03) *****77 KUCHING TEL (082) *****31 SKAN TEL (089) *****2 l-|V/\ )|j BAHRU TEL (07)*****2 SIBU TEL (084) *****2 LABUAN TEL (087)*****9 JEL (21)*****32 MEDAN
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      Page 40 Advertisements Column 2
      392 40 Iff BLUE STAR LINE lL y^ r SINGAPORE TO NEW ZEALAND AND T/S FIJI ki'i.i.y containkriskiTnionthi.y sailings DISCHARGING AT NEW PLYMOUTH FORT CHALMERS ACCEPTING FCL LCI- FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CIIRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N Pl* AUCK LYT MANOAMA 0588 16 J»n |J* Jj ss&,
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      Page 40 Advertisements Column 3
      1047 40 /SCI THONG SOON LINES PTE. LTD. I: 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 Tw ETA PEST VESSEL WT ETA KIT KIM SOON LI 03/91E 21 JAN PENANG
      1,047 words
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      935 41 COMPANIA PERUANA toEII DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msia THOMASEVERETT 28/29 Jan 30,31 Jan KARABIEVERETT 03,05 Feb 0608 Feb ROSEEVERETT 13/15 Feb 16/18 Feb 19/21
      935 words
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      Page 41 Advertisements Column 2
      548 41 VSL [VOY Is PORE IMAINLINEH [LAX IKST [SAV |NYC [HFX~| ZIM PIRAEUS .<0 1 ZIM AMERICA 11.' 71,2 1,3 V) 713 ZIM YOKOHAMA 141 2VI JIM AMERICA It.' Oil li ij 7 I A VESSEL M 1 ZIM AMERICA 14 2 217 13 V 3 7 J A VESSEL 30
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      Page 41 Advertisements Column 3
      672 41 SING KWANG HANG SHIPPING TRANSPORTATION (PTE) LTO WEEKLY LCL/FCL SERVICE [vessel Is pore Ijakarta Surabaya MEKHANIK KURAKO V 44N 17/1 20/1 |EQUATOR JOY V 11N |17/1 1— 1?0^ VESSEL SPORE BANGKOK A VESSEL 18n 19/J A VESSEL 25/1 26/1 I DESTINATIONS ETA SINGAPORE PORT KELANG 18 JAN MANILA 19 JAN
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      Page 41 Advertisements Column 4
      562 41 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASE TIA 137 A 17/01 20/01 PELOPOH 971 19/01 22/01 PRASE TIA 139 A 24/01 27/01 TANTO UTAMA 135 20/01 23/01 TAN TO UTAMA 137 25/01 28/01 TANTO UTAMA 139 01/02 03/02 General Agents
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      406 41 SIN FAN EAST 20/1 KEELUNG/K AOHSIUNG 19/1 BANGKOK 22/1 MANILA/CEBU 19/1 JAKARTA/BELAWANSURABAYA 19/1 PORT KELANG/PENANG/E. Malaysia 22/1 BUSAN 20/1 TOKYO/YOKO/KOBE/NGO/OSA 22/1 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang Shanghai SIN EUHOPE/UK 19/1 LDN/FLX/LVP/SOU 19/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary Roumanta/Poland/Bulgaria/Czech SIN USA/CANADA 24/1 LOS ANGELES/NEW YORK
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      675 42 Ak CB SHIPPING nJjoV MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAMER/LCL/BREARBULR SERVICE "ANKE" SERVICE SPI POM MISIMA LA£ TVIUE V JOSB 1/1 12(1 IVI llfl I* l JAK SP£ POM MISIMA LA£ TTHUI V2ISB Jftl Iff lilt 14/2 I*2 l'/2 MB lAt CARGO T SHIP SAH JUAN POM BUNKER
      675 words
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      Page 42 Advertisements Column 2
      438 42 ■■■■i SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE K M V 24 90W 18/1/91 12/2/91 2/2/91 7/2/91 BA V27CW9O 19/1/91 10/2/91 11/2/91 16/2/91 G M V 28CE90 26/1/91 19/2/91 21/2/91 26/2/91 K V.U V 01WB90 30/1/91 20/2/91 SG V25-90W 30/1/91 27/2/91 16/2/91 21/2/91 ALSO
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      Page 42 Advertisements Column 3
      489 42 VESSEL SIN PTL DBN RBY ALS STRENGTH VOIW 02/02 12/02 17/02 22/02 ALS TRUST VO2W 22/02 02/03 06/03 OANAOS VO3W 09/03 19/03 24/03 27/03 Accepting FCL and LCL lor Johannesburg VESSEL RBV DBN PTL S)H KEE BUS ALS TRUST V32E 01/01 08/01 15/01 23/01 31/01 02/02 ALS PROSPERITY V34E 15/01
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      Page 42 Advertisements Column 4
      1037 42 CUJ! con-ww mERmoDRiS j LCL/FCL SERVICE FROM H B 1 CUM op«ralM over 600 terroln»l»/offic»* In USA I I II m CUtt maintain* ovw 35,000 tractor* 8 trucks. I I II /Ok Jew mtvm ovar 60,000 points in U.S.A. IJfl AHCUMoffertallabtoLCl/FCLMrvioM. General Agent* 784A/TZAV/C CP/I PENANG- KL: ALLIED-LINK SINGAPORE: lioglr
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      434 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 *****1000)*************************01C**********1500 2000 2100 2200 2300 JR 2.3 2.4 2.2 18 1.5 1.3 12 1.4 1.7 2.3 2.8 31 3.1 28 23 1.8 1.3 09 0.6 05 06 1.0 1.5 2.0 PP 24 24 22
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      403 44 I KWANG CHUN TRADING ENTERPRISE Forenquire^6B~3oo^MlLTQ^^^^| PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 16/1 BATU AMPAR/SEKUPANG/BATAM KUALA SIAK 111 22/1 DUMAI/PEKAN BARU ABADI JAYA 24/1 PEKAN BARU/DUMAI KUALA SIAK V 25/1 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM 6 SUMATRA PORTS Also
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      624 44 JkHYUNDOiI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBM OAK SEA CHI FROM PSW VQY LBM OAK SEA MKG SIN_ ssssss. s~zz 1s is— I sssau s %&z 2 11 Sa. sl3 I S s SSTS3eST 1 m 3s IS %m S
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      Page 44 Advertisements Column 3
      587 44 [CHARTPOINT I Every Saturday in Business Times EXPOR^O^ UK/CONTINENT (TRIO) i£T""*«£». Brlgr sr?" sr HHH MONTE MM IMB 2*ll 11/2 12/2 11/2 17/2 :T n^rti KASUGA 1 11/511 27,1 13/2 11/2 Uy2 Southampton .to ill UK fIMftMMM. boitmi ana uuix BREMEN EXPRESS 01,510 1 31/j l»! 1« 22/2 24/2 MEDITERRANEAN
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