The Business Times, 18 January 1991

Microfilm: NL17381
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Friday January 18 1991 75*
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  • NEWS SUMMARY
    • Article
      Comex board votes to reintroduce limits for contracts
      59 1 COMMODITY EXCHANGE Inc (Comex) said in New York yesterday that its board of governors has voted to reintroduce limits for gold, silver and copper futures contracts to keep the markets stable after the assault by US and allied forces on Iraq. It
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    • Article
      British jobless figures likely to fuel fears
      55 1 THE ANNOUNCEMENT by the British Central Statistical Office yesterday of an unexpected 80.400 rise in the number of people unemployed in Britain will intensify fears that the country is in a longer and deeper recession than anticipated. The government and economists had expected
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    • Article
      Dyna-Mech spin-off
      21 1 DYNA-MECII Electronics will spin off its R&D arm as an independent company in the next few months Page 2
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    • Article
      KL extends incentives
      24 1 THE Malaysian government has extended for another year two incentives for foreign investment which expired last December last year Page 7
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    • Article
      Gorbachev wants curbs
      30 1 THE SUSPENSION of glasnost has been proposed by Soviet President Mikhail Gorbachev amid a growing nationalist backlash against the military clampdown in the Baltic republics Pane 8
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    • Article
      Greenspan optimistic
      34 1 US FEDERAL RESERVE Board chairman Alan Greenspan has been quoted as saying that the US economy is showing signs of stabilising after falling into a recession in the fourth quarter Page 8
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    • Article
      E Asian challenge
      33 1 FAR from stumbling in the current mini oil crisis, refiners in Japan and South Korea are stepping up plans to become exporters of petroleum products to the region Page 11
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    • Article
      Theorists seeing stars
      17 1 RECENT surveys of the universe pose confounding problems for theorists in cosmology Page 17
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    • Article
      Dimax wins contract
      36 1 DIMAX Far East Industries Pte Ltd, a specialist in building management and control systems in Asia-Pacific, has won a 5950,000 contract for a security system from the PSA. Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      Dow soars
      52 1 THE NEW YORK stock market surged ahead yesterday morning in a euphoric response to initial signs of success in the military campaign against Iraq. The Dow Jones average of 30 industrials jumped 97.52 points to 2.606.34 in the first hour after trading. Gainers outnumbered losers by about 15
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    • Article
      Footsie higher
      46 1 BRITISH share prices surged higher at midday, on optimism that the liberation of Kuwait might be a short-lived conflict. At about 1215 GMT, the Footsie 100-share index was up 54 points, or 2.6 per cent, at 2,108.8. Volume was a robust 336.3 million shares.
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    • Article
      Petronas sells stake
      19 1 PETRONAS has sold its entire stake in Bank Bumiputra to the Malaysian Finance Ministrv Page 3
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    • Article
      B Negara sells shares
      20 1 BANK NEGARA has sold back its 4.5 per cent stake in Syarikat Telekom Malaysia. Page 3
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    • Article
      Haw Par sells unit
      19 1 HAW PAR has sold its Hongkong garment subsidiary, Ying Tai. for HKSI6.4 million Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 596.85 +30 74 Kuala Lumpur .487.34 +16.93 Hongkong 3.087.83 +103.82 Tokyo 23.446.81 +1.004.11 Sydney 1.237.5 +32.4 Wednesday Change York 2.508.91 +18.32 London 2.054.8 -16.1
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI.7450 Yen SSI 3042 MS SS0.6405 Money market rates Overnight 4 1/8% +1/8 3-month 4-1/2% -3/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS385.50 -USS 18.20 Rubber S pore Feb l52.50«/kg +2.00 M'sia Feb 237.50*/kg 1.00 KL Tin Turnover 26 tonnes-16 Spot MS 15.13 /kg unch Crude palm oil Turnover 1,449 lots -478 Feb MS883/tonne 14
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  • Article, Illustration
    Lock icon Allies keep pounding Iraq
    668 1 Iraqi airforce hammered Rocket threat to Israel cut Saddam's palace hit Agencies THE US and its allies were continuing bombing raids against Iraq overnight in a determined attempt to drive Iraqi troops out of Kuwait and to break Baghdad's military might. The success of the first
    Agencies  -  668 words
  • Article
    S'pore supports US-led military action in the Gulf
    301 1 SINGAPORE yesterday said it supports the US-led military action to force Iraq to withdraw from Kuwait. A Ministry of Foreign Affairs spokesman said the government "deeply regrets the failure of all the peace initiatives undertaken to implement the UN resolutions, including the
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  • Article, Illustration
    Shares soar. Oil, US$, gold fall
    454 1 SHARE PRICES soared on world stock markets, while the prices of oil, US dollar and gold took a dive yesterday because the US-led allied attack appeared to he progressing quicker and better than expected and a short war was hoped for. After absorbing quick
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  • Article
    Economy can ride out war: analysts
    599 1  -  By Kenneth James EARLY INDICATIONS of a quick Allied victory in the Gulf war have been welcomed by local economic analysts who say Singapore should be able to ride out the effects of a Middle East battle lasting even a month or two. They
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      187 1 (juHmark^) ASEAN S NO 1 C OMPUIFH PRINIfH HIBHON MAMIJf All Tllßf H fEI 2*>B >>64l L. —J Aircraft Schedule 27 Money Market 25 World Stock Markets 24 Commodities 26 Regional News 7 Cryptic Crossword 27 Regional Stock Markets 23 Editorial 10 SES 18.19 For market indices, editorial. Financial News
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      Page 1 Advertisements Column 2
      96 1 Quadruple Zoom Auto Two Color r Airlines stop most flights to region. Page 2 Simex raises margin for energy contracts. Page 6 American faces US$B6 billion war bill. Page 12 Asean saddened by outbreak of war. Back Pg Surcharges on ships entering Gulf, Shipping Times Page 1 leader, Pg 10
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Aussie university's graduation ceremony
        61 2 THE James Cook University of North Queensland, Australia, is holding its first graduation ceremony for its students from South-east Asia in Singapore next Monday. A total of 21 students from Singapore, Malaysia, Hongkong and Papua New Guinea will be presented with their certificates by the university's
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      • Article
        SBC keeping you up to date
        120 2 WITH the outbreak of war in the Gulf region, the Singapore Broadcasting Corporation will provide updates on the situation with extended transmission hours and special reports on both television and radio. Channels 5 and 8 will carry extra news updates and news flashes while
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      • Article
        Aimed forces exercises
        73 2 FOR nine days starting today, the Singapore Armed Forces will be carrying out a series of military exercises in various parts of the island. From today till Thursday next week, troops will be in Tampines. Changi, Bedok and Pulau Tekong. From next Monday till Saturday, the military
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      • Article
        Eye care centre opens
        44 2 THE Singapore National Eye Care Centre will be opened today. It is one of the largest day surgery centres in the region. The $16 million centre, situated within the Singapore General Hospital Complex, has the latest treatment in eye disease.
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    • Article
      Telecom to start Callzone trial
      188 2 SINGAPORE Telecom will be starting a three-month-long technical trial from this month for its new Callzone service. The Callzone service involves the use of new second generation telephones (CT2) that can be hand carried using public base stations akin to those of cellular units. "The
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    • Article
      Airlines stop most flights to region
      437 2  -  By John Tan Rahita Elias THE outbreak of war in the Gulf yesterday saw airline officials scrambling to meetings, flight cancellations and disarray in the operations of Middle Eastern carriers. Gulf Air, owned by the four Gulf states of Bahrain, Qatar. Oman and the
      437 words
    • Article
      Top oil executives size up the situation
      289 2 The Gulf War SINGAPORE'S petrochemical complex, which has been cutting its reliance on any one particular type of raw material, will be cushioned from any feedstock shortages for at least six weeks. Sources say that since the start of the Gulf crisis in
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    • Article, Illustration
      Ship repair industry stands to gain
      390 2 THE Gulf War could have a positive impact on the international shipping industry and the local marine sector, say senior industry officials. Ng Pock Too, chief executive officer of marine-based Sembawang, said any ship going to the Gulf "runs the risk of being damaged".
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    • Article
      Dyna-Mech Electronics to spin off research unit soon
      374 2  -  By Claire Leow LOCAL electronics firm Dy-na-Mech Electronics (DME) will spin off its research and development (R&D) arm as an independent company in the next few months. This comes after DME recently produced a note-book personal computer (PC), one of the earliest
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    • Article, Illustration
      Kreta Ayer shophouse tender attracts 95 bids
      281 2 THE Urban Redevelopment Authority's tender of 26 renovated shophouses in Kreta Ayer attracted 95 bids when it closed yesterday, the highest of which was $1.8 million. However, there were no takers for three of the shophouses. Taking the highest bids offered for the
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      187 2 EVERY PERFORMANCE COMES ALIVE! Which performance venue would you like? STADIUM JAZZ CLUB DISCO ROCK CONCERT C CHURCH PAVILION OPERA HOUSE (CONCERT HALL I& 2) (MOVIE THEATRE 1A 2) DOLBY PRO-LOGIC You can have them all. projection will V< I transport you f right into the I B i* I
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      Page 2 Advertisements Column 2
      53 2 The PAPERWORK JUNGLE how to get out of it Streamlining paperwork is critical for office productivity and efficiency. This book shows you how to cut through the jungle of paperwork that engulfs every office, whether business or government. $8.90 PAPERWORK !j i|UNOt j how to fttouK, Available at all good
      53 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Lock icon Petronas sells its entire stake in Bank Bumiputra
      472 3 Malaysian govt paid more than M$ lb for the stake: sources Reuter MALAYSIA'S state oil firm Petronas Bhd has sold its 100 per cent stake in the country's second-largest commercial bank, Bank Bumiputra Bhd, to the Finance Ministry, a senior Petronas official
      Reuter  -  472 words
    • Article
      Lock icon Bank Negara sells back 4.5 pc stake in STM
      198 3 Reuter MALAYSIA'S central bank, which took a 4.5 per cent stake in state-controlled Syarikat Telekom Malaysia Bhd (STM) at the telecommunications giant's public listing of shares in November, has sold the stake, Bank Negara governor Jaffar Hussein said. "We sold it
      Reuter  -  198 words
    • Article
      Singatronics rights issue almost fully taken up by shareholders
      191 3 SINGATRONICS' $33.9 million two-for-one rights issue was almost fully taken up by shareholders at the close of the offer on Jan 15, just as the United Nations deadline for Iraq to withdraw from Kuwait expired, which led to the United States'
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    • Article, Illustration
      Lock icon KLSE submits report on brokers to finance minister
      357 3 Bernama THE Kuala Lumpur Stock Exchange yesterday submitted a full report to the Malaysian Finance Minister on the status of stockbroking firms in complying with the minimum paid-up capital requirement, KLSE executive chairman Nik Mohamed Din Nik Yusoff said. He will meet
      Bernama  -  357 words
    • Article
      Haw Par sells garment subsidiary for HK$ l6.4m
      252 3 HAW PAR Brothers International announced yesterday that it has sold its whollyowned garment subsidiary, Ying Tai, in Hongkong for HKSI6.4 million. The sale of Ying Tai (Far East) Ltd will result in an extraordinarv gain of about HKSI2 million to the group.
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    • Article
      UOB subsidiary signs ECD programme
      240 3 UOB Australia Ltd (Uoba), a wholly-owned merchant banking subsidiary of United Overseas Bank (UOB), has signed a multi-currency EuroCertificate of Deposit (ECD) Programme with a group of international banks. The facility was arranged by UOB, with Banque National de Paris as the coarranger. UOB will
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    • COMPANY BRIEFS
      • Article
        Goh Phai Cheng quits Hiap Moh board
        53 3 GOH Phai Cheng, who recently resigned as director from Singapore National Printer, and as alternate director to Tan Boon Teik in Insurance Corporation of Singapore, has also tendered his resignation as a director of Hiap Moh Corporation Ltd. His resignations took effect on
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      • Article
        TYC sells Hour Glass stocks
        69 3 TYC Investment Pte Ltd has sold 9,600,400 loan stocks of The Hour Glass Ltd through Swanson Pts Ltd, a TYC Investment subsidiary, at 81 cents each on Jan 15. This sale will leave The Hour Glass directors Dr Henry Tay and Mdm Chan Siew Lee
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      • Article
        Remisiers' talk
        63 3 001 Soo Liat, executive director of OUB Securities will speak on How to Avoid Trouble in 1991 in a talk organised by The Society of Remisiers (Singapore) on Tuesday, Jan 29 at 5.15 pm at the Amara Hotel. High tea will be served at 4.45 pm. Cost of
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      • Article
        Malayan Cement's pre-tax up
        119 3 MALAYAN Cement Bhd has increased its group operating pre-tax profit to M 561.31 million for the year ended Nov 30, 1990, from M 539.64 million the previous year. Group turnover rose to M 5280.65 million, from M 5222.22 million previously and operating profit attributable to members
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      • Article
        Advertising Tree renamed
        52 3 SINGAPORE Reinsurance Corporation has changed the name of its subsidiary, Advertising Tree Pte Ltd to Singße Advertising Pte Ltd. The authorised capital would still remain at $500,000, with an initial paid-up capital of $2. There are no immediate plans to increase the paid-up capital to $500,000 as
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      • Article
        Arab-Malaysian buys Yarra
        62 3 ARAB-MALAYSIAN Development Bhd yesterday said a part payment of Sss million has been made for its acquisitions of a 30 per cent interest in Yarra Films (S). The purchase price was based on a price earnings multiple of four, on the average of two years' pre-tax profit
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      • Article
        Hexza teams up with Neste
        60 3 HEXZA Corporation yesterday said it has decided to team up with Neste Chemicals of Finland to form a joint venture company, as both are involved in the manufacture and sales of formaldehyde and formaldehyde-based resins. The venture will use the combined knowledge and expertise of
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      14 3 Read Chartpoint, a guide to investing in the stockmarket. Every Saturday in Business Times
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      Page 3 Advertisements Column 2
      137 3 FOR THE WORLD'S MOST TREASURED WATCHES la collection jog Van Geef&Arpels mtmS One establishment in Singapore houses some of the world's most v A Q J fashionableandexquisitewatches j jL Or WK I Z The name: Cortina Watch Centre. W The mosttrusted place to purchase luxury watches like Van Cleef 4
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        UK dealer hits out at Nissan
        96 4 NISSAN UK, the privately owned British distributor of Nissan vehicles, has attacked steps by Japan's Nissan Motor Co Ltd to set up its own dealership network in Britain. The Financial Times said that Nissan UK described the moves by Nissan Motor as "a blatant
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      • Article
        Washing machines recalled
        63 4 MATSUSHITA Electric Industrial Co Ltd is recalling 239,117 washing machines produced between February and November 1989 to repair components free of charge, a company spokesman said. The "Aisai-Go" washing machines were sold under the Matsushita name and only in Japan. Three reported fires may have been caused
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      • Article
        Uranium miners ready for talks
        94 4 PANCONTINENTAL Mining Ltd, sensing a possible change in Australia's uranium mining policy, will soon begin talks with North Broken Hill Peko Ltd on mining the rich Jabiluka deposit in the Northern Territory, possibly with Japanese, South Korean or European partners. Australia's Labor government, sensitive to
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      • Article
        Thai stake in Burmese oil tract
        81 4 THAILAND's state-owned PTT Exploration and Production Co Ltd said it took a 10 per cent stake in the 6,200-sq-km Block 'F Concession at Salin in north-central Burma owned by Unocal Corp. FIT said its equity interest represented a first opportunity for the company to
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    • Article
      Fung family sells remaining stake in IBA
      454 4 THE CHAIRMAN of Hongkong firm Sun Hung Kai and Co, Tony Fung Wing-cheung, and his family have sold their remaining 25 per cent interest in International Bank of Asia (IBA). The South China Morning Post reported on Wednesday that the stake was once
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    • Article
      Lock icon Gloomy outlook for Australian firms
      210 4 Reuter THE OUTLOOK for the profits of Australia's top companies appears increasingly gloomy this year as the impact of recession spreads, a survey of stockbrokers showed. Brokers have slashed forecasts of profits for the current fiscal year of 80 of Australia's top 100 public companies
      Reuter  -  210 words
    • Article, Illustration
      Lock icon Oil gamble pays off for Jakarta and US firm
      607 4 AFP A GAMBLE in the search for oil in the Java Sea has paid off handsomely for Indonesia and the US firm, which is the parent of the local firm which operates the Widuri field to be inaugurated by President Suharto
      AFP  -  607 words
    • Article
      Lock icon Weak zinc prices eat into MIM profits
      303 4 Strong Australian dollar also blamed Reuter MINING and smelting group MIM Holdings Ltd said the strong Australian dollar and weaker zinc prices hit profits in the first 24 weeks of 1990/91 to Dec 16. MIM earlier reported that net operating profit fell to
      Reuter  -  303 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      146 4 'J /J jm /ndulge in life's simple pleasures The 940 Estate from Volvo. A luxury car designed to reflect your taste for the best in life. With superb handling performance. And a powerful 2.3 litre 16 valve engine that keeps you ahead. A sensation set off perfectly by the indulgent
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Wang continues to struggle to find its feet
      357 5 Move to cut 500 jobs underlines profitability woes Reuter THE DECISION TO CUT 500 jobs worldwide is a sign that Wang Laboratories Inc is continuing to struggle with profitability problems, analysts in Boston said on Wednesday. "Wang has edged away from the
      Reuter  -  357 words
    • Article
      Lock icon AT&T faces hurdle of breaking NCR's takeover defences
      372 5 AP AT&T appears to be winning its US$6.l billion battle to buy NCR Corp, information released on Wednesday by the telephone company showed. But AT&T still faces the hurdle of removing NCR's takeover defences and the hostile opposition of the computer maker's
      AP  -  372 words
    • Article
      Lock icon Strikebound US paper threatens sale or shutdown
      430 5 AP THE STRIKEBOUND Daily News, once the United States' largest circulation newspaper, will be sold or shut down unless its "viability and profitability" can be assured, its publisher announced on Wednesday. Publisher James Hoge did not set any deadline and said the New
      AP  -  430 words
    • COMPANY BRIEFS
      • Article
        Rockwell expects net income per share to rise
        109 5 ROCKWELL International Corp said it expects net income per share to be higher in its fiscal year 1991 than in fiscal 1990. "Even with the uncertainties of the current environment, we continue to expect higher 1991 full year earnings per share," chairman
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      • Article
        Motorola's forex losses
        68 5 MOTOROLA Inc said foreign exchange losses and lower margins in the communications and general systems sectors offset improved operating profits in the semiconductor products and information systems groups in the fourth quarter. Earlier, Motorola reported fourth quarter net of 82 US cents a share, off from US$l.Ol
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      • Article
        Philips' profitable division
        72 5 PHILIPS GmbH said 1990 profits at its consumer electronics division rose by at least 10 million marks. The company, the German unit of electronics group NV Philips Gloeilampenfabrieken of the Netherlands, gave no figures but said the division was easily profitable. Dieter Oehms, chief executive of Philips
        72 words
      • Article
        Rolls-Royce to cut workforce
        85 5 ROLLS-ROYCE Motor Cars Ltd will cut its workforce at Crewe, in north-west England, by 340 because of fears of a recession in the United Kingdom and the United States. Rolls-Royce, the luxury car manufacturing unit of Vickers pic, currently employs 4,400 workers at Crewe out of
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    • Article
      Lock icon Analysts expect strong fourth-quarter for IBM
      344 5 Reuter INTERNATIONAL Business Machines Corp likely finished its fourth quarter with a flourish, but analysts said it remains unclear how well the computer mainframe giant will fare in the near future. Investor appetites could wane a bit in the short-run if the fragile economy
      Reuter  -  344 words
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      79 5 &> lipp^. 4 w A w V V V 1 K Jr?m i i 1 >* •vv ,i^*•.' mm m mr r B€rß II 111 iffH'- 111 Ir- M J |1 ||P? \\{> ck>>v>t std h(nurnn... SB lifestyle! p Kl&—m 77u?final outcome should make about j w <^es^n P r(Kess
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Jardines applies to invest in Taiwan stocks
        76 6 HONGKONG-based Jardine Fleming Investment Management Ltd has applied to invest directly in Taiwan's bourse, becoming the first foreign institution to do so, affiliate Jardine Fleming (Taiwan) Securities Ltd said. Company president David Hsu said Jardine Fleming had asked for approval from the Securities
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      • Article
        Japan's financial system sound
        55 6 JAPAN'S financial system remains strong despite sharp falls in asset values in the past year, deputy vice-minister of finance Shigemitsu Sugisaki said. "Despite the concerns expressed in some circles recently, the Japanese financial system continues to be sound and strong," he said at a conference in
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      • Article
        Amex unit acquires Signet
        85 6 FIRST Data Resources (FDR), the plastic card processing arm of American Express Co, has bought Signet Ltd, the UK's largest credit card processing operation, said the Financial Times newspaper. The paper said it was understood FRD will pay more than £100 million for Signet. However, the
        85 words
      • Article
        Fleet/Norstar expects profit
        100 6 FLEET/NORSTAR Financial Group, which on Wednesday posted a US$4B.5 million loss for 1990, should be profitable in 1991, chief financial officer John Flynn said. "Our expectation at this time is that we will show a profit in 1991," Mr Flynn said in an interview. "We've taken major
        100 words
      • Article
        Continental raises loan provision
        69 6 CONTINENTAL Bank Corp more than doubled its fourth quarter provision for credit losses to U5547.5 million from US$2O million a year earlier, but still reported higher earnings from continuing operations. Continental reported fourth quarter earnings of 46 cents a share versus a year-earlier loss of US$l.23
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      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
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    • Article
      Simex raises margins for energy contracts
      373 6  -  There are no plans to change trading hours By S N Vasuki FOR the second time this week, the Singapore International Monetary Exchange (Simex) increased its margin requirements for energy contracts as war broke out in the Gulf yesterday. Simex said that "in view
      373 words
    • Article, Illustration
      Lock icon Bank Negara aims to develop private debt securities market
      582 6 Bernama BANK NEGARA Malaysia has set as its goal the development of the private debt securities market during the 1990s after having done its part to develop the equity market, its governor. Tan Sri Jaffar Hussein, said yesterday. The shift in
      Bernama  -  582 words
    • Article
      Lock icon US must liberalise bank laws, says Brittan
      191 6 Reuter EUROPEAN banks could be a good source of capital for cash-starved US banks, but the United States needs to liberalise its banking laws to attract foreign investment, European Community Commissioner Sir Leon Brittan said in an interview. "There would be many in
      Reuter  -  191 words
    • Article
      Lock icon Modify US rules on equity issue: Canadian banks
      479 6 Reuter TWO CANADIAN BANKS, granted the power on Tuesday to underwrite and deal in equities securities through US subsidiaries, are pushing the US Federal Reserve to modify the relevant rules. The Canadian Imperial Bank of Commerce (CIBC) and the Royal Bank of
      Reuter  -  479 words
    • Article
      Lock icon Asian markets more interdependent
      261 6 AFP ASIAN financial markets will grow increasingly interlinked in the 1990s as more financial institutions set up multinational operations in the region, a senior Singaporean executive said in Bangkok on Wednesday. Loh Hoon Sun, a board member of the Singapore International Monetary Exchange (Simex), told about
      AFP  -  261 words
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      601 6 II Singapore Press Holdings Limited I 1 1 (Incorporated in Singapore) 1 I Notice of Annual General Meeting I < Notice is hereby given that the Sixth Annual General Meeting of the Company will be held at News Centre, 82 I Genting Lane, Singapore 1334 on Saturday, 9th February, 1991
      601 words
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      Page 6 Advertisements Column 2
      161 6 lINVIT A T I 0 N 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 a number ot recent independent reports, Cambridgeshire has been identified
      161 words
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  • THE REGION
    • Article
      M'sia extends incentives for foreign investors
      386 7 THE MALAYSIAN government has extended for another year the two incentives for foreign investment which expired on Dec 31 last year. International Trade and Industry Minister Datuk Sen Rafidah Aziz announced on Wednesday that foreign investors in the manufacturing sector will continue to be
      386 words
    • Article
      Malacca gets M$8m drought aid
      229 7 THE MALAYSIAN Cabinet has approved an MsB million contingency allocation for Malacca to overcome its drought problem. Deputy Prime Minister Ghafar Baba said the allocation is to meet the cost of supplying water and other related matters. The emergency allocation includes Ms 3 million to
      229 words
    • Article
      Macau plans to give economy a big boost
      303 7 MACAU is set to be an economic force in the Pearl River Delta in the 1990s with infrastructural developments worth some HK$l2 billion, the South China Morning Post reported on Wednesday. This development which includes building a new airport, a new port
      303 words
    • Article
      Relocation a last resort: factories
      191 7 FACTORIES in Malacca affected by the severe drought will only consider relocating their operations as a last resort. Several factories contacted said the matter of relocating had not even been discussed as a solution in the meetings that were held in relation to the problem.
      191 words
    • Article
      Lock icon Seoul softens trade stance in bid to salvage US ties
      288 7 AFP SOUTH Korea's government is rapidly softening its trade stance in a bid to salvage its relationship with Washington, where the mood is likely to turn ugly after recession starts to bite. Officials say Seoul will considerably reduce its list
      AFP  -  288 words
    • Article
      Thai body to tackle wage issue after Jan 20
      246 7 THE THAI National Wage Committee will consider whether to raise the minimum wage after January 20 as requested by labour leaders, the Bangkok Post said on Wednesday. Labour Department direc-tor-general Prasong Rananan said that the committee is expected to consider the
      246 words
    • Article
      HK investors look to Thailand
      340 7 HONGKONG'S larger companies have been looking at property opportunities in Thailand over the past 18 months, although the number of deals has slowed recently because of the Gulf crisis, the South China Morning Post said on Wednesday. The Hongkong-based development consultancy Wise Power Consultants last
      340 words
    • NOTE BOOK
      • Article
        KL to supply more crude to Bangkok
        88 7 MALAYSIA has agreed to supply additional crude oil to Thailand on a spot market basis following a request from that country recently, Minister in the Prime Ministers Department Syed Hamid Syed Albar said yesterday. He said Thailand has asked for an additional 20,000
        88 words
      • Article
        Indonesian firms' profits up
        49 7 GROSS PROFITS of state-owned Indonesian industrial firms increased by 158.8 per cent to 1,001.22 billion rupiah (about US$527 billion) last year from 3,666.15 billion rupiah in 1989, says Minister of Industry Hartarto. He said the sharp increase was the result of improved productivity and efficiency.
        49 words
      • Article
        France a big investor in Vietnam
        69 7 FRENCH companies have invested some US$29O million in Vietnam since 1988, or 21 per cent of the total ploughed into the country by overseas Firms during the period, the official press said on Wednesday. The Franco-Vietnamese joint committee last year agreed to invest 60
        69 words
      • Article
        Australian unemployement falls
        43 7 THE AUSTRALIAN government received an unexpected boost yesterday when officials figures showed unemployment eased in December despite the nation's recession. The Bureau of Statistics said the seasonally adjusted unemployment rate fell 0.1 percentage point to 8.1 per cent in December.
        43 words
      • Article
        Petrol distribution stopped
        36 7 PETROL distribution has been stopped in the Laotian capital of Vientiane because of shortages caused by the Gulf crisis, the official KPL news agency said in a dispatch monitored in Bangkok on Wednesday.
        36 words
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      Page 7 Advertisements Column 1
      42 7 JOK w f^Lg^r dr^BK fej^V ■■rnqf/ V Omni® Marco Polo Hotel >v w (m j//}> SINGAPORE Informal yet elegant with classic Continental cuisine for lunch and dinner. FOR CALL 474 7141. EXT. 1 92 0 1 921 c OMNI HOTELS ASIA- PACIFIC
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Indirect Taiwan-China trade hits new high
        68 8 TAIWAN'S indirect trade with China hit a new record in November, reflecting renewed confidence by Taiwanese businessmen in the political and economic stability of their huge neighbour, say officials in Taipei. Official statistics released in Taipei on Tuesday showed two-way trade through Hongkong was
        68 words
      • Article
        Taipei clarifies reserves report
        68 8 TAIWANESE central bank governor Samuel Shieh has said that a news agency report that Taiwan had pulled about US$35 billion of its foreign exchange reserves out of US commercial banks in recent months is incorrect The figure is wrong," Mr Shieh said in Taipei late on
        68 words
      • Article
        EC beef mountain set to grow
        88 8 THE EUROPEAN COMMUNITY'S rapidly rising beef mountain looks set to grow larger after the European Commission decided on Wednesday to authorise more buying to draw unwanted meat off the market. The EC's 340 million consumers have gone off meat due to a combination last
        88 words
      • Article
        Seoul opens up some markets
        69 8 SOUTH KOREA will allow more foreign access to its service markets by gradually opening the construction, transportation and telecommunications fields. Economic Planning Board (EPB) officials said in Seoul on Wednesday. In an offer list presented on Tuesday to the Uruguay Round Trade Negotiations Committee under
        69 words
      • Article
        Tokyo denies rice report
        63 8 JAPAN plans no concessions over its closed rice market, Agriculture Ministry officials said in Tokyo on Wednesday after a report that Foreign Minister Taro Nakayama had said Japan was ready to talk seriously about liberalising its farm markets. Tokyo bans all commercial rice imports, saying it
        63 words
      • Article
        US business inventories up
        43 8 BUSINESS INVENTORIES increased 0.3 per cent and business sales fell 1.2 per cent in November, the US Commerce Department reported on Wednesday. Business inventories for the same period totalled a seasonally adjusted U*****.4 billion, against U*****.3 billion in October.
        43 words
    • Article, Illustration
      Lock icon Gorbachev proposes to suspend press glasnost
      566 8 Move follows nationalist backlash against military clampdown FT THE SUSPENSION OF glasnost, one of the most central reforms in the Soviet Union, has been proposed by Soviet President Mikhail Gorbachev. He made the proposal on Wednesday in the face of a growing nationalist backlash
      FT  -  566 words
    • Article, Illustration
      Lock icon US economy showing signs of stabilising, savs Fed chief
      301 8 Reuter US FEDERAL RESERVE Board chairman Alan Greenspan has been quoted as saying that America's economy is showing signs of stabilising after falling into a recession in the fourth quarter. The central bank head, speaking to businessmen at a lunch sponsored
      Reuter  -  301 words
    • Article
      Lock icon Gorbachev's economic adviser quits
      313 8 UPI THE AUTHOR OF the liberal "500-day" economic reform plan that was discarded by Soviet President Mikhail Gorbachev has announced that he has quit the Soviet leader's team and criticised the country's move to rightist policies. Stanislav Shatalin. architect of the aborted 500-day plan for a
      UPI  -  313 words
    • Article
      Lock icon December inflation in US kept in check by fall in petrol prices
      242 8 Reuter FALLING petrol prices during the December lull in the Gulf crisis kept US inflation in check last month, with retail prices rising OJ per cent, the American Labour Department announced on Wednesday. But for all of last
      Reuter  -  242 words
    • Article
      Lock icon US and Japan back at the negotiating table to talk trade
      411 8 FT JAPAN and the US returned to the trade negotiating table yesterday to point a finger at the other's failings in keeping promises made last year in an important bilateral pact intended to remove "structural impediments" to trade. Bilateral
      FT  -  411 words
    • Article, Illustration
      Lock icon TV war gets off to a false start
      447 9 The Gulf War Reuter IT may be the first war in the history of the world to have started on live television. "Huge tracers, red stacat-to-like fire, the sound of thunderous explosions," reported an ABC-TV correspondent. "It's obvious an attack is under
      Reuter  -  447 words
    • Article
      Lock icon Israel may deploy tanks in Gaza and West Bank to forestall riots
      259 9 Reuter THE Israeli army was considering placing tanks in occupied lands to try to prevent Palestinian riots in the event of a Gulf war, security sources said on Wednesday. The sources said the deployment of tanks was being
      Reuter  -  259 words
    • Article
      Lock icon Governments strengthening their anti-terrorist defences
      274 9 AFP GOVERNMENTS around the world have instituted tight security measures to forestall potential terrorist attacks in the event of a war in the Gulf. In London, a detachment of about 30 troops in full battle gear and backed by three armoured vehicles and at least
      AFP  -  274 words
    • Article, Illustration
      Lock icon Japan pledges maximum possible support
      266 9 AFP JAPAN'S Prime Minister Toshiki Kaifu yesterday pledged "maximum possible support" in additional aid to forces in the Gulf, and said the government might send military aircraft to help evacuate refugees. Finance Minister Ryutaro Hashimoto said separately that new financial assistance, complementing $4 billion already
      AFP  -  266 words
    • Article
      Lock icon Bush authorises tapping of oil reserves
      341 9 AP PRESIDENT George Bush, stressing that war in the Gulf region could create oil shortages. on Wednesday authorised the tapping of the US Strategic Petroleum Reserve. The decision was made in conjunction with the plan adopted on January 11 in Paris by the International
      AP  -  341 words
    • Article
      Lock icon US oil companies freeze prices
      280 9 Reuter IN AN EFFORT to calm jittery oil markets and avoid consumer panic, four US oil companies said they will freeze wholesale and retail gasoline prices at current levels. The news came minutes after US officials confirmed that hundreds of fighter bombers were pounding targets
      Reuter  -  280 words
    • Article
      Lock icon Oil firms jittery about assets in Gulf
      560 9 Financial Times WESTERN oil companies were yesterday nervously monitoring their operations and assets in the Gulf, following the expiry of the UN deadline. Most of the biggest companies have people and assets in the Gulf, usually on a joint venture basis with local
      Financial Times  -  560 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      859 8 THE TOYO TRUST BANKING CO., LTD. (INCORPORATED IN JAPAN) TRUST NON-CONSOUDATED BALANCE SHEET NON-CONSOLIDATED STATEMENT As at 31st March 1990 and 198? OF INCOME BANKING ACCOUNT For e ded 3l M rCh> l 198# Millions of Yen Millions of yen Income- 1990 19X9 Amcli >990 1989 Trust Fees 95,714 88.236
      859 words
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      Page 8 Advertisements Column 2
      83 8 To project a Corporate Identity with our Head Office in Japan and group companies located in Australia and USA, Tokyo Components Co. Pte. Ltd. is now known as: TOKYO COMPONENTS (S) PTE. LTD. It will also significantly reflect the unity among the group companies. In the last decade, through good
      83 words
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  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      50 9 CNN's biggest news break, Shipping Times Page 1 Only Finoair would fly round in circles to London Every Tuesday and Friday from Singapore to Helsinki via The Great Circle Route and on to London. Get round to calling us today. The number s *****77. know Europe from start to Finnish.
      50 words
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  • Article
    Of war and peace
    488 10 EDITORIAL GOING to war for the sake of peace is not the best of ways to solve problems. Nor is the allied attack on Iraq a happy start to 1991. Under the circumstances, however, Iraqi President Saddam Hussein s intransigence had left United States President George
    488 words
  • WHAT THE OTHERS SAY
    • Article
      The Israel factor
      201 10 IT WAS obvious that President Saddam Hussein's attempt to establish a link between the outcome of his invasion of Kuwait and progress on the Palestinian issue was aimed at exploiting Arab and international liberal sentiment. More harrowing was his threat to burn half of Israel if the
      201 words
    • Article
      Implementation stage
      125 10 WITH PARLIAMENT'S approval of the White Paper on Shared Values, the attention is now turned to the implementation and the inculcation of these values. A coordinating body needs to be established to ensure effective implementation. While the government can play a leading role in overseeing this, other organisations
      125 words
    • Article
      Political education
      147 10 THE DEPUTY Prime Minister and Minister for Trade and Industry, BG Lee Hsien Loong, will raise a motion in Parliament to incorporate political education in civics lessons. By doing so, the government hopes to consolidate Singapore's democratic system. But it must also maintain high political sensitivities to avoid
      147 words
  • REGIONAL VIEWPOINTS
    • Article
      Reform the economy
      181 10 AUSTRALIA is ahead of the world downturn. As a result, the full impact of the US recession, for example, is yet to occur. If this, as seems likely, is deepened and extends to our major export market, the oil-deficient Japanese economy, then Australia's national income will decline
      181 words
    • Article
      Why a relationship counts
      122 10 IT IS a measure of the low ebb to which HongkongChina relations have sunk since last week's harsh and combative words from Beijing on the airport issue that it was suggested on Tuesday that the Governor, Sir David Wilson, should cancel his planned visit to the
      122 words
    • Article
      Hard decision
      198 10 EVEN AS Mr Gorbachev tolerated the expression of nationalism among the many peoples and conceded that they had been oppressed by past Russian and Soviet rulers, he has always insisted that the Soviet Union must be kept intact. But until last week, this was to be accomplished by
      198 words
  • Article, Illustration
    Lock icon Leaving mutual suspicion behind
    1258 10  -  Leigh Bruce reports on the thaw in Anglo-French relations Leigh Bruce IHT Thrust towards each other by growing German economic power, France and Britain may finally be forging a new entente after years of misunderstanding and mutual suspicion, according to European analysts and officials. The rapprochement,
    IHT  -  1,258 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      108 10 Senbazuru sizzles with temptations. -jMPH JI This is the month to feast your eyes and »v palate on tender, juicy meat sizzling SENBAZURU alongside succulent seafood and fresh |AP*N£S£ MSTAURANT (Lpvei 6) vegetables. Our Teppanyaki sets are delicious temptations prepared in truly authentic style. Choose from our 7-course lunch ($2B)
      108 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      31 10 DOONESBURY BY GARRY TRUDEAU you thai njujtr>r lAieASf] I ihank^\ GOT A HhW PKUMO I 1 J HON' KAiwa c *t &FUKt HF? ANKIi 50 iOIfRL Mb W NtwwGtANJ' Jl vMIHM
      31 words
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  • ANALYSIS
    • Article
      Lock icon Danding Cojuangco: the undeclared candidate
      770 11  -  Steven Erlanger reports on a former Marcos associate who is testing the presidential waters Steven Erlanger NYT FILIPINOS are known for their willingness to forgive the most outrageous conduct on the part of public figures. But even their tolerance is likely to be stretched by
      NYT  -  770 words
    • Article, Illustration
      Turning up the heat
      1848 11  -  South Korean and Japanese oil refiners are pushing for export roles, reports Ng Weng Hoong Ng Weng Hoong The writer is a staff editor of the Petroleum Intelligence M eekly, a New York-based publication FAR from stumbling in the current mini oil crisis, refiners in Japan
      1,848 words
    • Article, Illustration
      Lock icon Paralysed by bureaucracy
      911 11  -  Indecision could cost China's oil industry the chance to cash in on the Gulf war, says Kathy Chenault Kathy Chenault AP A MAN discovers a strange liquid bubbling up from the sand one day in the remote Taklamakan Desert. After lugging a barrel of it over rugged
      AP  -  911 words
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  • FOCUS
    • Article, Illustration
      Lock icon America faces US$ 86b war bill
      585 12 Congressional leader pledges quick action on any request for funds UPI The cost of a war against Iraq could add from US$2B billion to US$B6 billion to the military budget, according to a US congressional analysis, and Senate Democratic leader George Mitchell has predicted
      UPI  -  585 words
    • Article
      Lock icon US businesses prepare for shock waves
      585 12 NYT AS THE United States went to war against Iraq, many business executives braced themselves on Wednesday night for a possible sales slump. Retailers and others who depend on confident consumers or low petrol prices said they expected their businesses to suffer, at least
      NYT  -  585 words
    • Article
      Lock icon US insurers expect minimal losses
      277 12 NYT INSURANCE company executives in the United States predict their losses will be small even as war broke out in the Gulf. The executives say that in recent years the business of insuring buildings and equipment in the Middle East has been largely left to
      NYT  -  277 words
    • Article
      Lock icon Pentagon figures distort two realities
      375 12 FT THE latest Pentagon figures on forces in the Gulf tend to distort two realities in the looming conflict. One is the extent to which the US bears the overwhelming share of the allied burden. The other is the numerical inferiority of allied ground forces
      FT  -  375 words
    • Article
      Lock icon History is helping and hindering Bush's efforts
      815 12 NYT TO TELL Americans that war with Iraq had started, US President George Bush harked back to one of the great days in American military history June 6, 1944. On that day, as US and British troops stormed ashore in Normandy, Dwight Eisenhower,
      NYT  -  815 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      131 12 Of all the fare that Singapore is famous for, crustaceans are probably the most popular delicacy. Testimony to this is the overcrowding tHat many begrudgingly accept in pursuit of tkeir favourite dish. This compromise is something you don't Have to swallow at The Cherry Garden. Because not only are-our tables
      131 words
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      Page 12 Advertisements Column 2
      160 12 10 ways the Dale Carnegie Course* helps men and women: Polae and Confidence Public Speaking Human Relatione Ineight Paopla Management Skiila Effective Communicationa Motivational Skllle The Courage to Think, Decide and Act SeN youreetf and Your Ideaa «Develop Your Hidden Abilltlee Win a Better Job, More Income With the Dal*
      160 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edberg, Lendl cruise into third round
      1036 13 Australian Open Reuter AP TOP SEED Stefan Edberg and reigning champion Ivan Lendl swung into the third round of the Australian Open in Melbourne with untroubled straight-sets victories yesterday. Lendl overcame Scott Davis 7-6 6-3 6-2 in the second round, maintaining his 100 per
      Reuter; AP  -  1,036 words
    • Article
      Lock icon Play continues despite the war
      561 13 AP UPI IT WAS business almost as usual at the Australian Open yesterday, despite the outbreak of war in the Gulf. "We've got no option but to continue play," said tournament director Colin Stubs. "Life goes on." Players not in action on court surrounded television
      AP; UPI  -  561 words
    • Article
      Lock icon Judge refuses to consider law suit over WBC title
      353 13 AP A FEDERAL JUDGE has refused to consider a lawsuit over the World Boxing Council heavyweight title and bumped the case back to state court, where a judge has already ordered arbitration. WBC attorney Gabriel Penagaricano said in New Jersey on
      AP  -  353 words
    • SIDE LINES
      • Article
        Olazabal tops list of money-winners
        84 13 SPAIN'S Jose Maria Olazabal was the leading money-winner in professional golf last year, according to figures released London on Wednesday. The 24-year-old world number three won a total of U551,633,640 from his five tournament victories in 1990. Welshman lan Woosnam, who also had five wins
        84 words
      • Article
        Vatanen maintains lead
        74 13 ARI VATANEN of Finland, driving a Citroen ZX, retained his lead one day before the end of the 13th Paris-Dakar Rally. But Frenchman Hubert Auriol won Wednesday's stage of 281 kms from KiflFa to Kayes, Mauritania, driving a in one hour, 36 minutes, 13 seconds. Overall, three-time
        74 words
      • Article
        Wattana makes 147 break
        73 13 THAILAND'S James Wattana made a maximum 147 break at the World Masters snooker tournament in Birmingham on Wednesday, the day before his 21st birthday. Wattana's feat, the 10th in tournament history, came in the third frame of q first round match against Welshman Paul Dawkins. He
        73 words
      • Article
        Celtics back on top
        87 13 THE Boston Celtics are back at the top of the National Basketball Association and are hoping to stay there, finding ways to win without the usual contributions from superstar Larry Bird. The Celtics, eliminated in the first round of the play-offs in each of the past
        87 words
      • Article
        Johnson finding his stride
        74 13 CANADIAN sprinter Ben Johnson continues his comeback this week at the Sunkist Invitational in Los Angeles and will earn US$3O,OOO for one race. Johnson, who competed in Canada last week for the first time since he was suspended for steroids use following the 1988 Seoul Olympics,
        74 words
      • Article
        France seeks redemption
        57 13 FRANCE, embarrassed by Australia and New Zealand in its last five internationals, has reverted to a running game for its opening Five Nations Championship match against Scotland on Saturday. The selectors have picked six players from Racing de France, the fashionable Parisian side which surprised the traditionally-powerful
        57 words
    • Article
      Lock icon Wadkins, Kite hope to resume rivalry
      350 13 AP LANNY WADKINS and Tom Kite hope to resume their long-time rivalry at the Hawaiian Open. Two weeks ago, both the 41-year-olds went shot-for-shot in the final round of the Tournament of Champions, with Kite holding off Wadkins by one shot to win the
      AP  -  350 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      144 13 NOTICE IN THE MATTES OP UNIVERSAL CONSTRUCTION CO PTE LTD (Member*' VriuUry lifaMttfti) NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the abovenamed company, at which Members are entitled to appoint proxies, who need not
      144 words
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  • Article, Illustration
    The Singapore Business Awards
    1037 14 BT Special Advertising Feature Businessman of the Year Enterprise Award Outstanding Manager Award WINNERS WILL BE ANNOUNCED AT TONIGHTS CEREMONY C*'nfjaporo Business/\wards Business Times Reflecting Singapore's maturing status as an international business centre, the 6th annual Businessman of the Year awards take on a new dimension
    1,037 words
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  • Article, Illustration
    Business Times
    318 15 THE ORGANISERS AS SINGAPORE'S leading daily business newspaper. Business Times records, anticipates and analyses the pulse of the Republic's corporate life. It has become essential reading for local as well expatriate businessmen as synonymous with starting their working day as the first cup of coffee. Business Times has
    318 words
  • Article, Illustration
    DHL Worldwide Express
    747 15 WHILE striving for excellence in customer service and on time delivery performance in 1990, DHL Worldwide Express has won for itself a bigger share of the Singapore air express market and collected some prestigious awards too. As the leading operator, DHL was presented the Best Express Service
    747 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1073 16 WHEBE TO WINE, PINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DIME Some like it hot. n E >v M. Mfe, T! Spk vSm huan dishes served ai lunch and dinner dail\ in the cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338 8385
      1,073 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      699 16 TELEVISION AND RADIO 1 X X I ~»cia '£8 ZSSiSSS."""* ».EMST rim mr no «.m .K 89 .9 muz m Band« 11 Clllllllci 7.30 PM Drama Classics The 9.30 Friday Oackfreaed (See Our 4JO tt Tataa a IMaf. tuL- 9.25 am, 1.30pm, O Indiscreet Mrs Jarvis (b/w). Choice). 5.30 Gaddaf.
      699 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Astronomers see stars in fresh surveys
      772 17  -  John Noble Wilford describes some of the new findings which challenge star-gazers' pet theories John Noble Wilford NYT ASTRONOMERS' increasing power of observation is exposing awkward weaknesses in cosmology's cherished theories. It is also imposing ever-narrowing limits on the imagination of scientists engaged in
      NYT  -  772 words
    • Article, Illustration
      Sting's third solo album his way of mourning
      371 17 CHATTERBOX "I DONT think our modern myths and rituals are able to deal with death," said Sting the other day. "The modern way to deal with death is to try and ignore it, which is what I did." The 39-year-old pop star
      371 words
    • Article
      Lock icon Huge rock festival starts in Rio today
      339 17 AP THE home of the samba will become the temporary capital of rock 'n' roll as host of a gigantic music festival. More than one million people are expected at "Rock in Rio II," a 10-day extravaganza featuring 24 international bands and 20
      AP  -  339 words
    • Article, Illustration
      Ordinary people, extraordinary times
      645 17  -  Claire Leow previews Mad Forest, a play about Romania being staged by Theatreworks Claire Leow WITH the current Gulf crisis, the world order has changed once again, seemingly in the blink of an eye. It was barely 13 or 14 months ago that the world was
      645 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      226 17 AND ENTERTAIN High Fashion At High Tea. I Every Saturday, High Tea is highly I fashionable at the Fountain Lounge. With j a fashion show featuring some of Singapore's I top models and best fashion. I 16 NASSIM HILL. SINGAPORE 1025. TEL: 732 1222. SINGAPORE I menu I pjm I
      226 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares surge on hopes of quick end to war
      886 18  -  By Magdalene Ng Diana Oon HOPES FOR a quick end to the Gulf war following the massive US-led attack on Iraq drove local share prices sharply higher across the board yesterday as traders and investors embarked on a euphoric buying spree.
      886 words
    • Article
      Untitled
      3834 18 Gr's Gr's 1990/91 Tel (jut Vol Day Last Quote Dfr Di* VW Net M Cap High Low Code Company Sale +or- (*000) High Low Bayer Seller CV P/E Smil INDUSTRIAL COMMERCIAL 277 152 t 1000 Acma 169 +5 76 175 168 167 168 103.6 290 165 1142 Alex Hides 50*
      3,834 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3596 19 Main Board SI A Foreign 1380 +90 +7.0% S1A 200 1060 60 6.0% SIA 1050 +55 +5.5% DBS 960 +50 +5.5% FAN 705 50 f7.6% Keppel Corpn 590 +50 +9.3% Jurong Ship 50* 605 +45 +8.0% Asia Pacific 880 +40 +48% NatSteel 810 +40 +5.2%
    3,596 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      272 20 Cii»m> Yur IWumlipCrtii ami to profit/1©*» (L) Hr h r dhrktomi COM) (c««t») Times Pub Jan 3 Aug 90 $28,013(523.423 230(19 3) 10(9 9) NST Dec 24 Aug 90 M$*****($18.786) 67 2(21 8) 20(18) YTLCorpn Dec 17 Jun 90 M$ll 530(57.127) 7 9(5 4a) 10(9 2a) Cerebos Oec
      272 words
    • Article
      PRELIMINARY RESULTS
      195 20 Date Year Croup pre-tax Net earaiags Gross M a t» profit/loss (L) per share 4hMe«4 ('000) (ceats) HLeor* Credit Jan 8 Jun 90 M$35,181(M$25.440) 218(16 4) 10(10) lew* Huat Jan 2 Dec 89 J182L(»356L) -<-> Pacific Can Dec 28 Sep 90 $1.387L($562h) -(0 7) VanderHorst Dec 28 Sep
      195 words
    • Article
      INTERIM RESULTS
      266 20 Oat* Half-year Group pre-tax lateriw MM to proftt/lMS (L) ('•00) Sateras Dec 31 Sep 90 MS462L(5369L) lselan Dec 28 Sep 90 $10 458(—) -(10) MCB Hide Dec 27 Sep 90 M$l,333($l,3190 (2.5) Peei Msia Dec 27 Sep 90 M$3.590($294L) Alex Hides Dec 26 Sep 90 $1.4461 ($257) Metalock
      266 words
    • Article
      CORPORATE DEVELOPMENTS
      1203 20 Jui 15 Kuwait Investment Office (KIO) has bought a total of 175.000 CAC shares between Jan 11 and Jan 14, increasing its interest to 33 7m shares, or a 19.23% stake. The newly structured R J Reynolds Bhd, a cigarette manufacturing firm, is expected to be listed on
      1,203 words
    • Article
      DIVIDENDS ANNOUNCED
      407 20 Carrwrt Ex Baaks Date Tatal hr Tatal hr Mi cbH pajnUi tte jmt last year MSB 10X(b) lan 4 ton 18 ton 28 IK 12% MR NYA Dec 14 ton 3 Feb 15 NY A 2 8% MSM 12 6%(b) Nov 29 Dec 13 ton 21 126% 8UE
      407 words
    • Article
      RESULTS DUE
      655 20 TliHipiii Stocks Last Frii Year Cotpmt NU (M* Vmt Nat PS &ms M —I—Cl< M*| (ants) phM tut ytar (Till) CM hftrt! Interim Nov 13 Dec 90 29 7 112 11.616(c) BMT Wenm tan 10 km 91 2542 150 0 773 Urn* Gum Interim Ian 12 Apr 91
      655 words
    • Article
      APPROVED ISSUES
      104 20 Company RigMsJasue CwMwty bi» Three-tor-tour <p. $0 60 per share Ei-date Dec 10 Books dose Dec 20 Acceptance Payment Feb 1 CiM Fwe-tor four M$4 00 per share Ei-date Nov 23 Books dose Dec 7 Acceptance t Payment lan 22 M **—la Or*-tor-one MSI 50 per share Ei-date
      104 words
    • Article
      BONDS, LOANS & WARRANTS
      667 20 BONDS, LOANS WARRANTS I 1 Cwata $mi»4 frawntatai ta mm nfcin ataa CU Nt Before 26/4/93 1 warrant plus $3 09 cash C— ■i) La* fwil III 2/10/89 to 20/10/94 1 warrant plus 1077 cash or 1 warrar* plus SO 77 nominal amount of loan stock Ohm ft* Hatoa Oh
      667 words
    • Article
      RECORD HIGHS & LOWS
      172 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index *****#: 1064.57 (17/1/91) jj* J*"* jjjWJjj *****Mr 1022.52 (16/1/91) «1 Si 15/3/90 1990 1# 1435 43 (16/7/90) J2S 5? f U/0/90 1990 tow: 981.07 09/11/90) JJ* £L Stt 2*9 1999 h# 1322.00 (28/12/89) *J J* Jg-g 1989 Iwr 917.42 (4/1/89) J*
      172 words
    • Article
      PROPOSED ISSUES
      325 20 Company Right* One-for-two w *5100 per share issue o» 40m Cumulative Redeemat* Preference Shares of M$0 10 each at MJ1 per share wth 10m detachable 1SR Mal One-tor tour to «2 00 pe> share r.rg Captal Reduction Scheme to reduce par value of shares from 50 sen to
      325 words
    • Article
      COMPANY MEETINGS
      149 20 Asa Pacific Breweries Ltd: 57th AGM at 475 River Valley Road, Singapore 1024 on Tuesday, ian 22, at 11am. Berjaya Corporation (II) Bhd: EGM at the Banquet Room, Keteb Darul Ehsan.Taman Tun Abdul Razak, Jalan Kerja Air Lama, ***** Ampang Jaya, Selangor Darul Ehsan on Wednesday. Jan 23,
      149 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      347 20 NOTICES M THE MATTER OF THE COMPANIES ACT, CHAPTER 50, AND M THE MATTER OF FALSTER-UNK SHIPPING PTE LTD (In Members' Voluntary Liquidation) Extract of the minutes of an Extraordinary General Meeting of the members of Falster-Llnk Shipping Pte Ltd convened and held on the 14th day of January. 1991:SPECIAL
      347 words
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      Page 20 Advertisements Column 2
      361 20 M THE MATTER OF THE COMPANES ACT, CHAPTER 50, AND M THE MATTER OF FALSTER-UNK CHARTERING PTE LTD (hi Members' Voluntary Liquidation) Extract of the minutes of an Extraordinary General Meeting of the members of FaMsr-Unk Chartering Pte Lid convened and heM on the 14th day of January, 1991:SPECIAL RESOLUTION
      361 words
    • Advertisement
      Page 20 Advertisements Column 3
      314 20 M THE MATTER OF THE COMPANES ACT, CHAPTER 80, AND M THE MATTER OF BCANIA-UNK CHARTERING PTE LTD (In Mtmlwn' Voluntary Liquidation) Extract of the minutes of an Extraordinary General Meeting of the members of Scania-Link Chartering Pte Ud convened and held on the 14th day of January, 1991:SPECIAL RESOLUTION
      314 words
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      Page 20 Advertisements Column 4
      377 20 ULTRASYS PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #07-18 Singapore 0617 on Monday 14 January 1991. the following Special Resolutions were duly passed 1 That the Company be wound-up voluntarily and that MR
      377 words
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      Page 20 Advertisements Column 5
      494 20 In the Matter o» the Companies Act. Cap 50 And in the Manor of WILSHIRE MARITIME PTE LTD Notice ot Resolutions for Members Voluntary Windrng Up (Pursuant to Section 290) At an Extraordinary General Meeting of the Members of WMshire Maritime Pte Lid duly convened and held on Monday 14
      494 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market posts sharp gains in active trade
      845 21 Bernama SHARE PRICES in Kuala Lumpur closed sharply higher yesterday in active trading as the outbreak of war in the Gulf caused the uncertainty of the past few months generated by the crisis to be lifted. The KLSE Composite Index shot up 16.93
      Bernama  -  845 words
    • Article
      Untitled
      3058 21 1991 Last Vol Day Net Cap High Low Company Sale "000 High Low P/E $mil INDUSTRIALS 188 170 AISB 50" 188 15 52 188 173 45.9 192.8 342 316 ASM 50 324 6 736 334 318 28.9 1330.0 296 280 Acdchem 290 6 18 292 280 124.7 255 250 Ajinomoto
      3,058 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      342 21 NOTICES M THE MATTER Of THE COMPANCS ACT, CHAPTER SO, ANO M THE MATTER OP SCANIA-UNK SHIPPING PTE LTD (to —twf Voluntary Liquidation) Extract of the minutes of an E Extraordinary Qanaral E Maatlng of tha members of II Scanla-Llnk Shipping Pta Ltd T convened and held on tha 14th
      342 words
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      Page 21 Advertisements Column 2
      309 21 M THE MATTER OP THE COMPANKS ACT, CHAPTER SO, ANO M THE MATTER OP TRAVEMUNDE-UNKI CHARTERING PTE LTD Voluntary Liquidation) Extract of tha mlnutas of an Extraordinary Ganaral Meeting of tha mambars of rravemunde-Link I Chartering Pte Lid convened and held on tha 14th day of January, 1901:BPECIAL RESOLUTION That
      309 words
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      Page 21 Advertisements Column 3
      312 21 M THE MATTER OF THE COMPANCS ACT, CHAPTER 80, ANO M THE MATTER OP TRAVEMUNDE-UNKI •HIPPING PTE LTD f Mwhw' Voluntary Liquidation) Extract oI tha minutes oI an Extraordinary Qanaral Moating of ttio members of Travamunda-Unk I Shipping Pla Ud convanad and held on tha 14th day of January. 1981:BPECIAL
      312 words
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      Page 21 Advertisements Column 4
      297 21 THE COMPANIES ACT, CAP. M APPLEBTAR INVESTMENTS PTE LTD (la Members' Velaatary Wladlag-Up) At an Extraordinary General Meeting of the Com- i pany held at 24 Raffles Place #26-05 Clifford Centre, Singapore 0104 on 15 January 1991, the following Special Resolutions were passed: 1. That the Company be wound-up voluntarily
      297 words
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      Page 21 Advertisements Column 5
      294 21 THE COMPANIES ACT, CAP. 19 8.8.1. ENTERPRISES PTE LTD (la Members' Velaatary Wladlag-Up) At an Extraordinary General Meeting of the Company held at 24 Raffles Place #28-05 Clifford Centre, Singapore 0104 on 15 January 1991, the following Special Resolutions were passed: 1. That the Company be wound-up voluntarily pursuant to
      294 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Market surges to its tenth biggest gain in a day
      2204 22 TOKYO STOCKS closed sharply higher yesterday after news of a massive US-led attack on Iraq caused a surge in blue chips with the benchmark Nikkei average charting its tenth largest single day advance in history. Hope for a quick solution
      2,204 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Index soars 103 points on hopes of short Gulf war
      2022 22 Reuter HONGKONG'S Hang Seng Index soared 103.82 points to 3,087.83 in response to views that US-led forces would wrap up the war quickly, brokers said. Buy orders flashed around the bourse from the opening bell and mid-afternoon reports that Iraq's
      Reuter  -  2,022 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Regional markets surge on war news
      • Article
        AUSTRALIA
        827 23 AUSTRALIAN share prices yesterday closed sharply higher on a wave of buying sparked by the outbreak of hostilities in the Gulf and better-than-expected unemployment data. The All Ordinaries Index rose 32.4 points to 1,237.5. The rise was the market's biggest in about 15 months. "A lot of people were
        827 words
      • Article
        BANGKOK
        743 23 BANGKOK stocks hit 10 per cent limit highs across the board yesterday as speculators scrambled to buy shares though many could not find traders willing to sell, brokers said. The SET Index rose 51.41 points, or 8.8 per cent, to close at 633.89 on 46.063 million shares valued at
        743 words
      • Article
        Untitled
        85 23 (lose Previous Ju 17 SYDNEY All Ordinaries Index 1,237.5 1.205.1 +32.4 All Industrials Index 1.884.2 1,818.2 All Resources Index 739.2 730.5 +8.7 Turnover (million) NA 53.71 BAHCKOK SET Index 633.89 582 48 +51 41 Turnover (million baht) 2.200 760 +1,440 JAKARTA Composite Index NA NA MANILA Composite Index 628.99 602.26
        85 words
      • Article
        MANILA
        606 23 MANILA share prices surged in active trade yesterday after an initial slide following reports that air strikes by US and allied forces on military targets in Iraq and Kuwait were successful, brokers said. The Manila Stock Exchange Composite Index rose 26.73 points, or 4.4 per cent, to close at
        606 words
      • Article
        TAIPEI
        453 23 TAIWAN'S stock market surged to close 6.70 per cent higher yesterday, one of its biggest gains ever, after the start of the Gulf war fuelled a wave of enthusiastic buying. "At last the months of waiting uncertainly have ended," said Daniel Chiang, senior dealer at International Investment Trust. "Investors
        453 words
      • Article
        Untitled
        347 23 la local cwreacy la S$ la US$ da> year day year day year JAN 16 lade* change chaage change change change change World 342.3 -0 9 .26 4 -1.0 -28.3 -1.3 -23.0 ♦Eafe 448 8 -1.7 -34.1 -1.6 -33 9 -1.9 -28.9 Europe"' 347.5 -0.4 -22.9 -0.1 -18.7 -04 -12.6
        347 words
      • Article
        SEOUL
        794 23 SEOUL stocks surged in thin trading yesterday as institutional investors were optimistic about the early results of air strikes by the US-led multinational forces against Iraq and occupied Kuwait, brokers said. The Composite Stock Price Index rose 4.6 per cent to close at 641.42; gaining 28.08 points from Wednesday's
        794 words
      • Article
        NEW ZEALAND
        262 23 NEW ZEALAND investors yesterday greeted the news that war had broken out in the Gulf by buying. The market closed strongly after being mildly down at midday before the news. The Barclays Index closed 17.32 points (1.52 per cent) higher at 1,170.68, after being down 2.75 points before
        262 words
      • Article
        BOMBAY
        53 23 INDIA'S leading stock markets remained closed for the third day in a rw yesterday to head off a crash after war broke out in the Gulf, officials and stock brokers said. "Free trading is impossible and regulations are ineffective in a war situation," Bombay Stock Exchange executive director M
        53 words
      • Article
        Untitled
        535 23 Jakarta A Rupiah VoK-OO) Abda 2350 200 5 A Ahap Insurance 3250 A Alumindo Perkasa Utama... 7400 unch 5 Aqua Golden Missisipi 9550 A Argo Pantes ***** A Aster Jawa 3000 A Astra Graphia 8050 A Astra Int'l Ine ***** 100 315 a Asuransi Bintang Ind 7950 A Asuransi Dayin
        535 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Dow climbs 18 points despite war fears
      • Article, Illustration
        NEW YORK
        960 24 WITH HELP from two computer companies and the Fed chairman. New York stocks defied war fears on Wednesday and actually rose a little. Activity, while not exactly strong, also picked up a bit, as the Dow Jones Industrial Average rose 18.32 points, to 2,508.91. As the deadline passed
        960 words
      • Article, Illustration
        LONDON
        741 24 IN LONDON, the FTSE-100 Index of leading shares rose to new highs at midsession yesterday, climbing 64.3 points or 3.13 per cent to reach 2,119.1 by 1316 GMT. Gains were based on continued optimism that the Gulf war may be shortlived, dealers said. The rally on the cash market
        741 words
      • Article
        AMSTERDAM
        353 24 DUTCH SHARES surged four to five per cent in fairly active opening trade yesterday, celebrating a successful allied attack in the Gulf, and fewer worries about Iraqi powers to hurt Saudi oil supplies and involve Israel, dealers said. "First it will go up on short covering and then we
        353 words
      • Article
        Untitled
        82 24 Jan 16 Close Prevww NEW YORK Dow Jones 2,508.91 2,490.59 +18.32 NYSE Financial 116.74 116.11 ■♦■0.63 SAP 500 316 17 313.72 +2.44 Turnover (million) 134.6 110.0 +24.6 LONDON Financial Times 30 1,606.3 1.620.3 -14.0 FTSE 100 2.054.8 2.070.9 -16.1 Turnover (million) 193.9 203.0 -9.1 AMSTERDAM CBS Tendency Index 74.9 76.0
        82 words
      • Article
        FRANKFURT
        186 24 GERMANY'S DAX Share Index yesterday soared 7.6 per cent, its highest ever one-day rise, as the apparently ful strike of Iraqi installations by Allied forces triggered a euphoric wave of buying. The 30-share index soared 99.99 points to 1,422.67, its highest closing level in four weeks. The previous record
        186 words
      • Article
        PARIS
        262 24 FRENCH share prices leapt higher at midsession yesterday, with the main stock index scoring its largest percentage gain on record following the attack by US-led forces on Iraq. The CAC-40 Index was up 108.68 points, or 7.46 per cent, to 1,566.45 at 1215 GMT. A French Stock Exchanges' Association
        262 words
      • Article
        ZURICH
        287 24 SWISS share prices opened sharply higher in active trading yesterday after the successful air strike on Iraq by allied forces but traders said early buying would probably be mostly technical with profit-taking likely to set in later in the session. The SMI Index of leading shares rose 68.7 points,
        287 words
      • Article
        BRUSSELS
        149 24 BELGIAN share prices opened sharply higher yesterday, led by some of the major blue chip companies, taking a cue from firmer markets around Europe after the outbreak of war in the Gulf, brokers said. The overall market for Belgian shares, which opened half an hour late due to the
        149 words
      • Article
        STOCKHOLM
        102 24 THE SWEDISH Bourse Top-16 Index opened 5.8 per cent higher on high volume yesterday, following sharp share gains in Asia on news of Allied air attacks on Iraq. The index of the 16 most traded stocks opened at 780.27 after Wednesday's close of 737.5 in heavy early turnover of
        102 words
      • Article
        JOHANNESBURG
        348 24 JOHANNESBURG gold share prices plunged sharply in early trading yesterday following a severe retreat in world bullion prices to about US$3BO an ounce from above US$4OO after the Allied air raids on Iraq. However, dealers noted that the rest of the market was generally firm. Dealers said trading was
        348 words
      • Article
        TORONTO
        190 24 TORONTO stocks climbed slightly on Wednesday after news that Iraq could avoid a Gulf war if it started a full-scale withdrawal from Kuwait raised some last hopes of a peaceful settlement, dealers said. US officials said they had no indication a move was taking place, dealers said. The Composite
        190 words
      • Article
        MILAN
        155 24 THE MILAN BOURSE MIB All-Share Index was indicated 5.0 per cent higher at 0930 GMT yesterday as the market reacted with euphoria to the apparently successful air strikes launched by the US and its allies against targets in Iraq and Kuwait. "It is crazy we are snowed under with
        155 words
      • Article
        Untitled
        44 24 Vienna J«n 16 Aacfc \kg Holding 3300 unch E. Allgem (PreO 2990 +90 Jungbunzl. 7500 250 Laenderbank (PreO 448 +12 Lcnzing 1301 +14 Levkam 353 +9 Montana ***** unch Oesterr Brau 3350 +70 Semperit 116 -2 Stcyr 283 +6 Veitschcr 554 Source: Austrian Laenderbank
        44 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback gets a pounding as war breaks out
      1222 25 REPORTS Reuter THE US dollar fell sharply in early trading in Europe yesterday after war erupted in the Gulf with massive USled bombing raids on Iraq and Kuwait. The US dollar fell to 1.5210 marks and 133.95 yen at 0930 GMT in
      Reuter  -  1,222 words
    • Article
      Lock icon Kuwaiti dinar soars on black market as hopes rise
      304 25 Reuter THE KUWAITI dinar has soared on Middle East black markets in the runup to a Gulf war in the expectation that a restored government would honour the currency at its former value. Iraq effectively devalued the dinar when it pegged
      Reuter  -  304 words
    • Article
      Lock icon Good start to EC talks on single currency
      290 25 Reuter THE European Community's treaty negotiations over a single currency opened 1991 on a positive note, but no major agreements were reached on the key issues, participants in the talks said sifter they ended on Tuesday. "We did not talk of the
      Reuter  -  290 words
    • Article
      FINANCIAL FUTURES
      1205 25 SIMEX eihhhhhim Open High Low Sett Est Vol Op/Int Vol Mar 91 92 50 92.73 92.45 92.67 ***** ***** ***** Jun 91 92.59 92.83 92.52 92.78 ***** ***** 3384 Sep 91 92.54 92.76 92.51 92.72 2600 3768 805 Dec 91 92.32 92.48 92.30A 92.45 820 3584 261 Mar
      1,205 words
    • Article
      INTERBANK FOREX RATES
      398 25 Cross rates Jan 17 USS SS MS Dm Yen SFr AS NZS USS 1.7540 2.7265 1.5230 134.45 0.5195 1.2725 1.2715 1.6793 SS 0.5701 1.5544 0.8683 0.7665 0.2962 0.7255 0.7249 0.9574 MS 0.3668 64.33 0.5586 0.4931 0.1905 ***** 0.4663 0.6159 Dm 0.6566 1.1517 1.7902 88.28 0.3411 0.8355 0.8348
      398 words
    • Article
      MONEY MARKET
      569 25 Interbank rales S$ Bid Offer Overnight 4 1/8 4 1/4 1-month 4 3/8 4 1/2 2-month 4 7/16 4 9/16 3-month 4 1/2 4 5/8 Overnight mode: 4-1/8 ISS Bid Offer 7 days 7 1/4 7 3/8 1 month 7 5/16 7 7/16 2 months 7 5/16 7
      569 words
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  • COMMODITIES
    • Article
      Lock icon September timber exports stable, says timber board
      422 26 Bernama EXPORTS of timber products in September last year were generally stable, totalling 314,851 cubic metres worth M 5210.6 million, or 2 per cent lower in terms of volume and value compared with exports in September, the Malaysian Timber Industry Board says. In
      Bernama  -  422 words
    • Article
      Lock icon Saudi Arabia postpones Jubail refinery shutdown
      308 26 Reuter SAUDI ARABIA has postponed indefinitely a maintenance shutdown at its Jubail refinery to keep up production of fuel for the US war machine in the Gulf, oil industry sources said on Wednesday. The sources said the refinery, owned 50-50 by Saudi Arabia's Petromin
      Reuter  -  308 words
    • Article
      Profit-taking sends gold price plunging
      818 26 REPORTS GOLD HONGKONG: Heavy overseas profit-taking and Asian follow-through selling sent gold bullion plunging by more than US$l4 at midday yesterday from the morning open after touching a high of US$4lO earlier on news that the Gulf war had started. Bullion sank to 391.50/394.50 an
      818 words
  • Article
    PRICES
    1497 26 Rubber Jan 17 HAS (t* to fcalw) S cents/kg Noon Close Ini I KSS Prompt 152 75/153.75N 151 5<VI52 50N Int 1 KSS Feb 91 153 75/154 25 152 50/153 00 Inl I KSS Mar 154 75/155 25 153 50/154 00 Int 2 KSS Ol' 150.00/152 OON 149 00/151
    1,497 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1993 26 I^^^SINES^S^TINIE^ rtlKr II O N E 7I 0 St< 7 10: i i H 2 hA X 7» 4 4>»« A Commodity Trading Company seeks a Vietnamese English speaking Executive to be stationed part-time In Vietnam and Sngapore. Interested candidates should preferably be 30 45 years of age wtth knowledge
      1,993 words
    • Advertisement
      Page 26 Advertisements Column 2
      7 26 Executive Jobs every Saturday in Business Times
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1053 27 City Flight ETA Flight ETD j Mm Dhabi GA894 0010 GA890 2225 GA970 2335 GA976 2340 Adeiaido QF7 1750 SQ227 2130 Amman RJ182 1400 Amsterdam KL835 1505 SQ42 0100 SQ23 1815 KL836 2150 SQ24 2215 GA890 2225 Athons SQ45 0805 SQ24 2215 Auckland NZ35 1530 BA11
      1,053 words
    • Article, Illustration
      Starred restaurants, Hollywood style
      726 27  -  LETTER FROM LOS ANGELES By Meredith Brody EVERY year, hundreds of thousands of people visit Los Angeles, hoping to see movie stars at work and at play. Hopeful tourists take the Universal Studios tour, buy maps to movie stars' homes and ride around all day in
      726 words
    • Article
      MONEY CHANGER RATES
      148 27 As at 3om vcstordiv: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3530 1.3830 Canadian dollar 1.4920 1.5220 NZ dollar 1.0210 1.0610 Sterling pound 3.330 3.360 US dollar 1.7340 1.7340 Local Mian to 100 ante of foreign currency Austrian schilling 13.80 16.80
      148 words
    • Article
      WORLD TRADE EXHIBITIONS
      73 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jui 19-27 Jan 21-24 Jan 23-27 International Exhibition For Caravamng. Motoring. Tourism Middle East Computer Show International Tourism Trade Fair Germany Manama. Bahrain Madrid Stuttgarter Messe Und Kongress Arabian Exhibition Management WLL IFEMA (46)711/2589-0 973/*****3 ********** Feb
      73 words
  • Page 27 Advertisements
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      276 27 1 Get credit for having fin1 President must order sailor LmJ 12 A drop in rent (4) 14 Josephine a party ZjßL— the judo room (4) 17 I 18 I I 17 Must Mr Dawson provide 18 Insisted on the correct Tg condensed edition (7) _L__^— 19 Patronising pawnbroker |H
      276 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      213 27 Singapore Outlook: Showers we expected over a few areas in the afternoon. Forecast: Maximum temperature 31.2* C Assoc humidity 67% Minimum temperature 25.8* C Assoc humidity 93% Hours of sunshine 5.80 Rainfall in mm 0.1 Rainfall this month 6.50 Rainy days this month 6 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      32 27 DON'T ioork) JuS"T r O fasSitJQ,\ POR. V M€R6 *\r \y s lerreg y x A y 'PN. /T..tJO PoWT \N i TO f J O EVENING STAMOARO CO. LTD, IM2-IMI a*4S
      32 words
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  • Article, Illustration
    Lock icon EC officials urge farm commissioner to take firm action
    607 28 Reforms so far have proved too weak, says paper Reuter AFP EUROPEAN Community officials advising EC farm commissioner Ray MacSharry suggested that he should slash grain prices by almost half and make hefty cuts in milk quotas and beef intervention prices,
    Reuter; AFP  -  607 words
  • Article
    Lock icon Asean saddened by outbreak of war
    234 28 AFP ASFAN said yesterday that it was saddened by the outbreak of war in the Gulf and announced it was coordinating action to safeguard citizens from the six-member countries in the Middle East. Malaysian Foreign Minister Abu Hassan Omar, speaking in his capacity as
    AFP  -  234 words
  • Article
    Lock icon IEA to free oil stocks under contingency plan
    200 28 AP THE International Energy Agency yesterday activated a contingency plan freeing up an extra 2.5 million barrels of oil a day to offset possible shortfalls due to the Gulf war. The plan would take effect in 15 days, said a press release
    AP  -  200 words
  • Article, Illustration
    Lock icon Lithuanians pay tribute to those slain in crackdown
    429 28 AP HUNDREDS of thousands of Lithuanians paid tribute on Wednesday to 10 of their countrymen slain in a weekend Soviet military assault. In Latvia, officials said Soviet troops shot a man to death. And in Moscow, President Mikhail Gorbachev denounced a news
    AP  -  429 words
  • Article
    Philippines plans to dip into Gulf fund
    727 28  -  The Gulf War From Al O Labita Jr in MANILA THE Aquino government plans to tap US$335 million of the Persian Gulf, a US$B billion fund to cushion the impact of the war on the Philippine economy, a senior official said today. The
    727 words
  • Article
    Lock icon War puts legal contracts in jeopardy
    538 28 Reuter BILLIONS OF DOLLARS in contracts underpinning everything from oil supply deals to share issues could be thrown into turmoil with the outbreak of war in the Gull, legal experts say. War would trigger contract disclaimers known as "force majeure" clauses, which typically allow
    Reuter  -  538 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      676 28 Nikon The World's Finest Photographic Systems NOTICES ROMIT SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap. 50 the Final Meeting of the Company will be held on the 20th day of February 1991
      676 words
    • Advertisement
      Page 28 Advertisements Column 2
      69 28 Nikon The World's Finest Photographic Systems RlKj^ VEEft PORK RIBS r >|U 4-COURSE SET MENU FOR LUNCH DINNER Includes Soup Garlic Bread Ribs Dessert. Coffee or Tea @"H> N PEMCHTS Corner 1 (\> i. cafe</ DIpQ e CTCAV Uf)[ICC 7 Maxwell Road 6th Storey Anne* B MNO Building Singapore o'o6
      69 words
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  • Shipping Times
    • Article
      Dimax wins $950,000 PSA contract
      325 29  -  By Rahita Elias DIMAX Far East Industries Pte Ltd, a specialist in building management and control systems in Asia-Pacific, has won a $950,000 contract for a security system from the Port of Singapore Authority. Dimax was among the 12 companies which took part in the
      325 words
    • Article
      THAI cabin crew may strike next week
      270 29 THAI Airways International cabin crew may walk off the job next week after a row with pilots threatened to escalate. The Bangkok Post reported that the strike threat by the airline's labour union follows management's rejection of demands to settle a conflict between
      270 words
    • Article
      Lock icon United suffers worst-ever quarterly operating loss
      203 29 AFP UNITED Airlines (UAI.). the second-largest US carrier, recorded its worst-ever quarterly operating loss, for the final three months of 1990, according to a letter made public on Tuesday. And chairman Stephen Wolf warned, in a letter to employees last week, that projections lor
      AFP  -  203 words
    • Article, Illustration
      FEFC to levy surcharges on ships entering Gulf
      599 29  -  Two other conferences expected to do likewise By Selva Kumar BARELY HOURS after the Gulf war broke out a major shipping conference has announced emergency surcharges while another two are expccted to follow suit shortly. From Saturday, member lines of the Far
      599 words
    • Article
      Lock icon CNN's biggest news break
      293 29 AP EVEN before war is being waged in the Middle East, the US Cable News Network, the 24-hour news television channel watched by world leaders and millions of other viewers worldwide, has been gearing up to report on it. The men and women at the Atlanta-based
      AP  -  293 words
    • Article
      Lock icon Green light for Port Klang expansion
      176 29 Bernama THE Klang Container Terminal has been given the green light to expand con-tainer-handling facilities at Port Klang, Malaysian Deputy Transport Minister Datin Paduka Zaleha Ismail said on Wednesday. She said these plans, which were being handled with the cooperation of the Klang Port
      Bernama  -  176 words
    • Article
      Lock icon Extra premium needed for passage through Suez Canal
      306 29 UPL AP THE LLOYD'S of London insurance market said on Wednesday shipowners will have to negotiate an additional war risk premium to insure vessels sailing through the Suez Canal. The Joint War Committee, representing the Institute of London Underwriters and the Lloyd's
      UPL; AP  -  306 words
    • Article
      Lock icon Royal Jordanian, Iran Air cancel flights
      98 29 AP ROYAL Jordanian Airlines canccllcd all cast-bound flights as of Wednesday, and Iran stopped flights to a number of Mideast cities. The cancellation of all Royal Jordanian flights to Bangkok. Singapore, Kuala Lumpur, Calcutta, Karachi and New Delhi came a day after Thai Airways
      AP  -  98 words
    • NEWS SUMMARY
      • Article
        Asian carriers steer clear of Middle-East
        81 29 ASIAN-OWNED or flagged merchant vessels arc fast deserting the Middle East, skirting a lucrative route which could become a graveyard for hulls and crew in a war in the Gulf. Higher oil prices, rising freight surcharges and wage premiums. war-aggravated world recession and the
        81 words
      • Article
        Airports tighten security
        62 29 AIRPORTS throughout Europe and the Middle East stepped up security against possible terrorist attacks on Wednesday. Many airlines have already suspended flights to the region. Security has also been reinforced at US and British military bases overseas, strategic installations such as the Suez Canal, Rotterdam's huge oil
        62 words
      • Article
        Asian countries take precautions
        57 29 FEAR of terrorism gripped Asian capitals on Wednesday, heightened by a US warning that its nationals overseas might be targets for Iraqi sympathisers. Many Asian governments moved to deter possible terrorist attacks as the United States leader of the international coalition allied against Iraq warned its
        57 words
    • LOG BOOK
      • Article
        Hull war risk insurance in Suez to be tightened
        74 30 HULL WAR risk insurance for ships operating in the Suez Canal is to be tightened due to the threat to the Canal trom an Iraqi attack on Israel, underwriters said. The Joint War Committee of the Lloyds Underwriters Association (LUA) and
        74 words
      • Article
        Indian ships told to leave Gulf
        48 30 THE INDIAN Directorate-General of Shipping has issued a directive to Indian ships to leave the Gulf and the Jordanian port of Aqaba. Shipping industry sources said at least five Indian ships were in the Gulf but their exact location was not known.
        48 words
      • Article
        S'pore to repair Great Promise
        52 30 THE DAMAGED Liberian tanker Great Promise. 37,405 dwt, is under temporary repair at Koh Sichang, Thailand, Lloyds Shipping Intelligence Service said. The vessel will go to Singapore for permanent repairs. The tanker was in collision with Bangkok's east quay container terminal on January 14 in
        52 words
      • Article
        BA to appeal against routes loss
        74 30 BRITISH Airways is to appeal against a decision by British civil aviation authorities to take away four of its 30 permits to operate weekly flights between London and Tokyo-Nari-ta. The Civil Aviation Authority on Monday ordered BA to reduce its services on the route
        74 words
      • Article
        Cable & Wireless acquisition
        67 30 Cable Wireless acquisition CABLE Wireless Communications Inc has acquired the long distance portion of GTE Corp Telemessager's voice messaging business for undisclosed terms. For the past two years. Cable Wireless said it provided nationwide access to voice messaging centres operated by TIGON, the division of AMERITECH. a provider of voice
        67 words
      • Article
        Joint communications services
        50 30 JAPANESE software firm Toyo Information Systems Co Ltd and the UK's Cable and Wireless pic will jointly launch communications services in Japan in March 1992. The services will be financed 50-50 by the two companies, which will invest a total of over two billion yen on equipment.
        50 words
      • Article
        Pay up, Air Holland told
        71 30 DUTCH charter firm Air Holland must pay U*****,000 owed to the Kenyan company Kenya Flamingo Airways, a Dutch court has ordered. Air Holland, which uses the services of the Kenyan company in several cities of the East African country* notably Mombasa, refused to pay two
        71 words
    • Article, Illustration
      Lock icon Asian carriers steer clear of M-E
      1201 30  -  What was once a lucrative route is now avoided by most Asian shipowners who fear that the Gulf might well become a watery graveyard for their vessels. Cecil Morella reports Cecil Morella AFP Asian-owned or flagged merchant vessels are fast deserting the Middle East,
      AFP  -  1,201 words
    • Article
      VERITAS BUNKER MARKET REPORT
      573 30 Carbon j an 14 DensityWater Residue Ash Atoniniun Sedroent MM Euon KG/M*3t V/V M M M M PPM method BO/Cimac Wb Spec E25 ***** 15.0 0 10 30* 0 10* Spec G35 9911 0 18 0 0 15 30* 0 10* Northern Europe 180 Ave *****
      573 words
    • Article
      THE SHIPPING GUIDE
      13106 38 This is a list of ships loading Hu at Singapore for ports around the world. It tabulates, by Api destination, the name of the Ne ship, the shipping line involved and the estimated |jj dates of arrival and departure Art from the Port of Singapore. Advaneed dates
      13,106 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        527 45 VumI fry Hi Berth fcrM Dgrtw <bW O^rtw w Geniki 03/91 P2B 1801/1500 1901/1200 Mpp« WIUTYM L*asVentuf 191 P1B 17.01/2200 1801/0600 Central Reef 2 K33 alongside 17 0 /1930 P3E 1/ 01/1900 1801/1500 Cs Ocean 68 K34 alongside 20 0 0800 Late gS-196 P«8 1701/2100 1801/0700 Frotadurban
        527 words
      • Article
        CONTAINER SCHEDULE
        1279 45 RECEIVIWC OF EXPORT Fa CONTAINERS AND La CARCO Record Bookta(/Bafance RsJh Ship Voy No Etb/Btr Period Fran To Fran Anson *****N 19/0900 2 17/1700 18/0659 18/0900 4 18/1200 18/1459 18/1700 B Brfara 334 19/0130 1 17/1500 17/1659 17/1900 B Bindang 15A 20/2300 3 18/0700 18/1159 18/1400 4 18/1200
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      • Article
        IN MALAYSIAN PORTS
        226 45 Penang Port Berth in Buttorworth on Jan 18: 1: C Eregli; 2. Malayan Success, Bangkhunprom, 3: Seng Hing; 4: Lampung; 5: Kota Panjang; 6: I Yamburenko Penang Wharf: NB: nil; SB: Cipta Karya; CB: nil. BCT: Bl: Meres; Bll: San Ward 11; l/B: nil. VOTP: Yukikaze. Out
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    • Article
      DAILY FREIGHTS
      989 45 CHARTERING on the dry cargo freight market was quiet on Wednesday as operators took a wait-and-see approach after the expiry of the UN deadline for the withdrawal of Iraqi troops from Kuwait, brokers said. "Owners don't necessarily want to fix ships at the moment because they might get
      989 words
    • Article, Illustration
      Lock icon Airports tighten security against terrorist attacks
      567 46 Reuter AIRPORTS throughout Europe and the Middle East stepped up security against possible terrorist attacks on Wednesday. Many airlines have already suspended flights to the region. On Wednesday Swissair, Czechoslovak Airlines and Iran Air became the latest airlines to announce that they were stopping
      Reuter  -  567 words
    • Article
      Lock icon Asian countries take precautionary measures
      549 46 AFP FEAR of terrorism gripped Asian capitals on Wednesday, heightened by a US warning that its nationals overseas might be targets for Iraqi sympathisers. There was also official frustration with President Saddam Hussein's failure to meet Tuesday's deadline for pulling out of Kuwait. "Japan deeply
      AFP  -  549 words
  • Page 29 Advertisements
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      246 29 Bswhe hbk metal co pte ltd 1J TUA3 Ave 14 SIHOAPORE 2»3 TtLEX R3 20t/t 9MMCPL TEL: 061 MSSISknMI TCLfFAJI MI 2W« mS fy* <**!•<* J.XJ tcunto* UK. tartJ(«ilrom» I .'T.M-l Al\ I I llllFl »uoo»}0 tano«» Alinl IfU lljiil ei«ik tarkin ■Ml Attn iHI l •oMiuK) HFvd HL ro<«>M
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      Page 29 Advertisements Column 2
      27 29 Contain* Schedule 17 Daily 17 Index to Mvertisers 3 Shipping Guide 10.11 Ships in Poet 17 Singapore Tides 17 Veritas Report 2 Weather and Sea Conditions 17
      27 words
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      305 30 FAR EASTERN FREIGHT CONFERENCE SARAH. BRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers/Receivers MIDDLE EAST EMERGENCY SURCHARGE The Conference Lines are closely monitoring the situation in the Middle East and so far have been able to avoid the implementation of a surcharge. It is now regretted that as a result
      305 words
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      Page 30 Advertisements Column 2
      185 30 TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 InchcapeShipping Services,the wodd's leading shipping agency company invites applicants for the position of: Requirements: Experienced in the main liner trades of USA, the Far East and Europe Proven management experience is a must Good PR and be able to communicate at all levels of management Must
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      1879 31 O" .rr" 1 JAROINE SHIPPING AGENCIES WmM 200 Cantonment Road #12 OS Scuthpoint. Singapore 0208 All If# Tel *****11 IF lEX NO RS 241/9 ■ffima urminai as ih i2ucl':x 220 rCmoa'l bookings .wu m 1 VyCC# M ftSAKA JAROINE SHIPPING AGENCIES SON BHD POUT KELANG TEL *****18 TELEX MA*****UA***** IHHH
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      Page 31 Advertisements Column 2
      1262 31 INDEX TOMWKTISERS Pace Col Pa«e Col T Lloyd Triestino 4 1/2 Lucky Seaway 15 3 ABC Containeriine 13 5 Lykcs Lines 5 3 Accord Group 8 1-3 r— AFS 15 1 m Ahrenkiel Liner 16 3 A Albatros Sea-Air 14 3 Mac-Nds Agencies 4 1/2 Alfred C Toepfer 15 5
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      Page 31 Advertisements Column 3
      2252 31 ■Brirawnirca NEXT SAILING TO U.S.A. METTE MAERSK V.9102 ETA SIN 22/1/91 Vmmi Voy ETA J ETD 'Port 'Pwing DESTINATIONS Singapore Keiang lhi» w*k MfM Mae'tfc 910? bv cv m\ oaoo mrs w Farco BHI CfS 21'1 2X# MRS V rawo OAK LGB MOO MEM ATL MIA CMS BAI PHL NYC
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      1202 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BEN A VON 9a 508 22/1 8/2 10/2 13/2 MONTE ROSA 11/507 2471 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
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      Page 32 Advertisements Column 2
      496 32 DIRECT SOUTH PACIFIC SERVICE SIN NCHJ SUV PPT 1.. J BONTANt; 21-2H/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 L J BON TANG 21-28/1 1/3 2/3 5/3 6/3 7/3 Cjlljo or
      496 words
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      Page 32 Advertisements Column 3
      1514 32 Kluoasfiis &Mwm HNH REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA A L G) hAW: ROT) NORASIA MUBARAK 9046 3 21/01 26/01 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
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      1710 33 SgSfwi mftrs Maritime Holdings Ltd P&O Pm| STRAITS SHIPPING I wk Containers itif Voj No P Mang S jore S"to i H burg B'>u*er R'nain l«» ACCEPTS OUE SAILS BCiAvON H/W HAD!'OI 2201 N)0? '.0W 12.02 CARGO MONTE ROSA II 50.' *aAR>;O! 2401 IM2 13« 11/02 IMB uriDC HASUOA I
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      Page 33 Advertisements Column 2
      1680 33 TO: U.S.A. FM: U.S.A. SP OAK LGB CHI rw SAV MM NTC NTC PHI NO* SAV lA* CHI 1&B OAK SP CHOYANC CHANGS EF in 221 I*2 17 2 2W2 211 1/1 1/1 M japan UN «A 104 Ml 111 #1 IW 2*l *U 4/7 TOKYO SI NAT OH cr
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      Page 33 Advertisements Column 3
      382 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI COSMIC ORANGE ORANGE PINE PIONEER OCEAN MOON VOY NO 25 11 95 9 Spore till 24/1 27/1 30/1 P Kelang 25/1 27/1 W Penang Yangon Mongta Chittagong Calcutta Yokohama Nagoya Osaka 17/2 Senboku Hochiminh NOTE ALSO CALLING OTHER JAPANESE
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      704 34 Ch MBR i **********-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY SPORE ROAM/ADAM H BURG BREMEN ANTWERP JUn *3 13/3 16/3 20/3 TRIAS UNITYfIEWb [ji 6/4 12/4 17/4 21/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trleete ALSO
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      Page 34 Advertisements Column 2
      928 34 is. it.l I X/ HANJIN SHIPPING I I FEEDER VSL HAUL LA* OAK r^r—n, PM pry amd HAM BRV FEL HANJIN OAKLAND 012E 21A WWECT 11/2 14/2 I I UAM..M n.t» 1? 8? 7? f? U? 12? CMOYANC GLORY 002E 21/1 H POHANG 10l£ 11/2 20/2 HANJIN SEATTLE 016W /U'l
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      Page 34 Advertisements Column 3
      163 34 LI AN MAT SHIPPING A WJI CO., (PTE) LTD. 10 Anson Road, #14-19/20 International Plaza, V Singapore 0207. FAX: *****94 Tels: *****11/*****22 Tlx: RS ***** AB LENHUAT DAILY RECEIVING CARGO AT MARINA WHARVES GON MOl TEL *****19 ANO P2 TEL *****97 TO INDONESIA VESSEL ETA ETD DESTINATION HONG *00N In
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      Page 34 Advertisements Column 4
      1364 34 -I T rT^TT^l^^ mA M smJ SHIH BIIH I IPKL SCP HKC KSC KLC PUS HKT OSK MCT SM2 TYO LAX CHS BAL NYC LHV ANW ROM THP HBC PSO CHB PtU SGP I'. flji w w a/i w iff ki «2 w w vn in in un w M
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      Page 35 Advertisements Column 1
      1418 35 1 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 <CR NO: **********0E) UK?EU'ROPE SERVICE— *****19 USA SERVICE— *****16 AUST INDIA PAK SERVICE— *****18 FAR EAST SERVICE— *****48". M TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44, *****14 CPS: K 2 EXPORT: *****53/*****0* ••PIP KMTO ?lfl£*S*W»W. Pen** (04) *3170, 1 Bahru <07> 515K8. *****4
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      Page 35 Advertisements Column 2
      1060 35 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) J DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND nwit VOTA« [SPORE |MANIIA HKONC VOYAGE SPORE PKLANG HRURG RHAVtN TIHURY ROTT
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      Page 36 Advertisements Column 1
      1464 36 I S K LINE KAWASAKI RISEN KAISHA. LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST j f~~IMPQRT N. AMERICA PACIFIC SOUTH-WIST /FEEDER VESSEL VOY'INOO •PK.PHC SGP MOTHER VESSEL VOY LB OA* CHI NYC /BOTHER VESSEL YOYHOUS L« OAK THY MEDIIERRANEA 13 16,1 t/,1 19(1 MACMNAC BRIDGE 43 !<W 132 142 18 2
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      Page 36 Advertisements Column 2
      1178 36 PHIU-ORICNT UN€S PTC LTD 108 ROBINSON ROAO #0/ 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/2238/69/*****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 26 JAN MONTREAL, OTTAWA, CHAR?fston S^CAGO N ontario MUSCAT, BAHRAIN,
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      1452 37 gagjPff PACIFIC INTERNATIONAL LINES (PTE) LTD B m JfaV P,L Building, 140 Cecil Street KXHX3, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN J*? EDEN 9103 I#/1 22/1 25/1 HAI YIWG §101 I§/1 22/1 2S/1 EDEN 9104 25/1 27/1 31/1 PEGASUS PIONEER 116H 20/1 23/1
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      Page 37 Advertisements Column 2
      1078 37 r Immune containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint liL% Fax: *****63 I Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOV "SPORE —LANG SHAMPTON| HAMBURG BHAVEN ROAM L'HAVRE Benavon 98/508 22/1 Via BAR 7/2 10/2 12/2 Monte Rosa 11/507 24/1 18/2 12/2 11/2 17/2
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      Page 37 Advertisements Column 3
      319 37 MYANMA H FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI6SW 20/73 Jan LOIKAN VIUW 23/24 lan HPA AN Vism 27/29 Jan PINYA VII3W M/ 31 Jan THE BANK LINE (A service of Andrew Weir Shipping) \T SEMI-CONTAINER SERVICE \i HEAVY LIFT CAPABILITY
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      802 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG SACHSEN **104 Sid 12/2 11/2 14/2 13/2 10/2 PARIS SEN WFIOS In Pt 10/2 1/2 7/2 U/2 MECKLENBURG WMIO6 25/1 23/2 22/2 25/2 24/2 20/2 PANAMA SEN WFIOS 30/1 24/2 22/2 21/2 25/2 EUROPEAN
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      Page 40 Advertisements Column 2
      1025 40 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 21/01 a 28/01 LONDON ROTTERMM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE UNO ALL EUROPE MLANO DESTINATIONS FAR EAST PORT KELANG 25/01 4 1/02 MANILA 26/01 2/02 PENANG 25/01 1/02 BUSAN 26/01 2/02 BANGKOK 21/01 4 25/01 TOKYO 24/01 31/01 HONG KONG 21/01
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      Page 40 Advertisements Column 3
      268 40 LOADING FOR vissa f sPORi I cao oat oaihs kviho mo sts vit pacua HOSTWHN I 31/3 M UK 4/S OPT iISOI 2 DISCHARGING FM BRAZIL VESSEL SPOPf MUG UNI HIE TOR NGO KM ■OSTWUN I V HSOI 1 5/1 31/3 lift I*l Wl Regular BBulk and Container Service Direct
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      Page 40 Advertisements Column 4
      1286 40 '"is t C > W CDMA OCEAN SNIPPING COMPANY FULL CONTAINER LINER SERVICE 2"°° 1P 2. MISTRI ROAD, HMC BUILDING FAX S5« CABLE: COSTARLINE General Agents: COWAi HUffIWC na LTD =n=== J= raoM iunowi ifpMa VESSEL VOT SCP fix ROT HAM ANT DKK VESSEL/VOY FLX ROT HAM AWT DM SGP
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      Page 41 Advertisements Column 1
      792 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! eta USA All IPI Destns 25/1. 1/2 EUROPE all Ports 21/1, 28/1 BANGKOK 23/1, 27/1 HONGKONG/CHINA 22/1, 29/1 SYD, MEL, ADEL, BKIS 21/1, 2#/l FREMANTLE 25/1, 1/2 MANILA 25/1, 1/2 PKLG/PENANG 21/1, 25/1 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang
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      Page 41 Advertisements Column 2
      258 41 Z3F RICHFIELD MARINE AGENCIES (S) PTE LTD S TEL: *****33 (12 Linoa) Zmm FAX: *****15/*****03 |fTf| TELEX: RS ***** RISHIP (3 Linoa) ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL i VESSEL IvOY ETA ILOADING FOR SPORE ABBAY WOHI 2r*lß VO2 DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA
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      767 41 MASKAPAI PELAYARAN LAUT j FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BINQAPORI INOONE9IA SERVICE VSL VOY SIN JKT PAJ
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      Page 41 Advertisements Column 4
      603 41 CR NO 10J3U*****€ BANGKOK CEBII/MANILA [vessel VOY SINCAPORE BANGKOK VESSEL |vOY SPORE CEBU MANILA JENLINK <0N In Pt 14/1 Mon 21/1 KIT! BHUM 038 14/1 24/1 26/1 SI AM PAETRAo' tIN Sat 19/1 Tue 22/1 SO STAR 04A 24/1 30,1 1/2 MAHA BHUM# 43N Sun 20/1 Wed 23/1 KITI BHUM
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      397 41 TO AUSTRALIA/NEW ZEALAND STn Ifram |Mtlb Eudi [n« |P CHALM E MUDIC 2M U7 1/2 M/ 2 5/2 23/2 2V2 2*2 MUSSEL 215 IN2 242 W W m 11/3 C VfROUH 2H m iftl lfcl Si 2V3 271 3*3 ANTWRPEN 217 till 5/3 »3 W W 1m 114 1* DATS
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      1210 42 a a MAC-NELS SINGAPORE) IXPORT TEL *****22 fiiPOOT m: *****0? PENANG TEL (04) *****6 |KK TEL: (088) *****0 TAWAU TEL (089) 7786/9 rTTTzTTTI P KELANG TEL (03) *****77 IKUCHING TEL (082) *****3 SKAN TEL (089) *****2 l-JV/X- Ij BAHRU TEL (07)*****2 IsißU TEL (084 *****2' LABUAN TEL (087)*****9 w j
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      Page 42 Advertisements Column 2
      409 42 fjjfc BLUE STAR LINE SINGAPORE TO 11NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON. INVERCAKGIL, FIJI AND TAHITI SIN N PIT AUCK LVT I PREMIER IBS 31 15 F«b Via NPI 17
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      Page 42 Advertisements Column 3
      1026 42 I /3£] THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH rata |v»T I ETA I KIT turn Iwt ETA KIT KIM SOON LI 03/91E 24
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      908 43 COMPANIA PERUANA yGEJI oe vapores T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msu THOMASEVIRETT 29(10 Jan 31 Jan/01 Feb KARABIEVERETT 02/04 Feb 06/07 Feb ROSEEVERETT 13/15 Feb 16/18 Feb
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      Page 43 Advertisements Column 2
      504 43 VSL [VOY [S PORE IMAINLINER tIAX IKST |SAV |WYC IHFX ZIM PIRAEUS XVI ZIM AMERICA I*2 »:2 J/J VI 7/3 ZIM YOKOHAMA M( .'i.l JIM AMERICA 1»7 2t2 1/3 VI 7/1 A VESSEL 24/1 lIM AMERICA 112 ?»7 J/J 5 7(1 A VESSEL JO. 1 7IM HONGKONG J/J 111 14,'J
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      Page 43 Advertisements Column 3
      669 43 M- SING KWANG HANG SHIPPING TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE IvESSEI Is PORF I JAKARTA TsURABAYA MEKHANIK KURAKO V 44N 17/1 20/1 lEQUATOR JOY V 11N 17/1 120/1 VESSEL SPORE BANGKOK A VESSEL 18/1 19/1 A VESSEL 25/1 26/1 DESTINATIONS ETA SINGAPORE PORT KELANG 18 JAN MANILA 19 JAN
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      566 43 »ERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASETIA 137 A In Pi 21/01 PELOPOH 971 19/01 22/01 PRASE TIA 139 A 24/01 27/01 TANTO UTAMA 135 20/01 23/01 TANTO UTAMA 137 25/01 ?8/01 TANTO UTAMA 139 01/02 03/02 General Agents ASIA
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      399 43 SjN PAW EAST 20/1 KEELUNG/KAOHSIUNG 26/1 BANGKOK 22/1 MANILA/CEBU 26/1 JAKARTA/BELAWAN/SURABAYA 26/1 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 SjN EUROPE/UK 26/1 LDN/FLX/LVP/SOU 26/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria Hungary Roumania'Poland/Bulgaria/Czech. SIM MSA/CANADA 24/1 LOS ANGELES/NEW YORK
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      Page 44 Advertisements Column 1
      744 44 ycJQA CB SHIPPING MARINE SERVICES NORTH QUEENSLANO/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE lAN SPt POM I*l SI MA LAt T VILLI Y2ISB »1 HI 11/2 m 1W va NB LAE CARGO T SUIP SAN lUAN' POM BUNKER SURCHARGE EFFECTIVE VI9SB TEU USD 53 50 B BULK USD 500
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      444 44 In lull!— SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE KM V 24 90W 18M/91 12/2/91 2/2/91 7/2/91 B A V 27CW90 19/1/91 10/2/91 11/2/91 16/2/91 G M V 28CW90 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 26/2/91 16/2/91
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      Page 44 Advertisements Column 3
      478 44 sm m. obn RBY ALS STRENGTH VOIW 02/02 12/02 17/02 22/02 DANAOS VO3W 09/03 19/03 24-03 27/03 A VESSEL VO4W 21/03 31/03 05/04 Accepting FCL and LCL to' Johannesburg VESSEL RBY DBN PTL SIN KEE BUS ALS TRUST V32E 01/01 08/01 15/01 23/01 31/01 02/02 ALS PROSPERITY V34E 15/01 20/01
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      Page 44 Advertisements Column 4
      526 44 City/ con mv i 1 LCL/FCL SERVICE FROM fll H iH CU/I opaialas ovar 000 tarminais/offioet ki UiLA. I I I jflß\ m maintain* ovar 95,000 tractors 4 trucks. I I II /Ml Jcun™- ovar 0(MM0 points In ILSJL I Jfl (f£3H /flpß CUK offar rdlabla LCI/FCL ssfvioss. General Aganti
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      Page 44 Advertisements Column 5
      502 44 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI IV 4052 19 JAN 21 JAN TAKARI I 1(70 a JAN 23 JAN TAKARI IV 4054 2t JAN a JAN I TAKARI I 1672 2» JAN
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      579 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 *****100 1200 *****400 *****(00 **********00 *****100 2200 2300 JR 23 25 2.5 23 18 14 1 1 1 1 12 16 21 2.8 32 32 29 24 18 12 08 05
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      Page 46 Advertisements Column 1
      413 46 HE KWANG CHUN TRADING ENTERPRISE For «nquir« 468-3000 MIITON PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 21/1 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 BAT AM
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      Page 46 Advertisements Column 2
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      Page 46 Advertisements Column 3
      611 46 ICHARTPOINTI Every Saturday in Business Times UK/CONTINENT (TRIO) Aim Accept if Carfa Himku'i la Coptnnjfan Airt>u» Collwntxiri. Mj'mo SPORE STONNBuRC 6 HAVEN M DAM LCH H«4».i*i Stocthom BENAVONWMI 221 li 2 112 13,2 R»tt#nUir. la Antatrp Amlt'dim 0»lo H#i|in» MONK ROSA 11, W Ml 1* 2 17,7 11/2 17/1 lw<»«
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