The Business Times, 21 January 1991

Microfilm: NL17381
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday January 21 1991 75*
    10 words
  • NEWS SUMMARY
    • Article
      Massive rally calls for Gorbachev's resignation
      63 1 HUNDREDS of thousands of Soviets rallied in Moscow yesterday to protest against the government's crackdown on Lithuania and to demand the resignation of President Mikhail Gorbachev. They waved Lithuanian and Russian flags and a supporter read a message from Russian President Boris Yeltsin, holding
      63 words
    • Article
      China planning new railway line to HK
      35 1 CHINA has mapped out a new railway line from Beijing to Hongkong "to get ready for Hongkong's return to the motherland in 1997", the China Daily said yesterday.
      35 words
    • Article
      Petrochemical plans
      37 1 TWO key downstream operators in the Pulau Ayer Merbau petrochemical complex are planning to invest some US$45O million in new projects to link up with a second complex now under study by PCS Back Pg
      37 words
    • Article
      Trade dips
      19 1 AFTER a strong rebound last October, Singapore's total trade dipped somewhat in the following month Page 2
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    • Article
      Boost from scheme
      29 1 TOP-NOTCH building design and construction firms eyeing the international markets will get a boost from a new certification scheme to be implemented next month. Page 2
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    • Article
      First property auction
      20 1 THIRTY-SEVEN lots will go under the hammer at Thailand's first property auction on Feb 9 Page 7
      20 words
    • Article
      HK business failures
      19 1 BUSINESS FAILURES are on the increase in Hongkong, according to the colony's Registrar General Page 7
      19 words
    • Article
      Viet dreams
      17 1 THE SLOWLY emerging Vietnamese economy harbours dreams of becoming a second South Korea Page 10
      17 words
    • Article
      Artistic casualties
      36 1 THE Gulf war raises the question of whether the tragedy of conflict could be compounded by damage to major art treasures and monuments that stake out the early stages of mankind's culture Page 17
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    • Article
      Surcharges raised
      30 1 A MAJOR shipping conference with nine lines plying between the Far East and Gulf has decided to double its war risk and bunker surcharges. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      S Mas on the move
      34 1 INDONESIAN conglomerate Sinar Mas is raising a massive amount from the region's capital markets for the second time within a year to build a new paper plant Page 3
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    • Article
      Listing plans for BBM
      28 1 MALAYSIA'S Finance Minister says Bank Bumiputra Malaysia is to be listed on the Kuala Lumpur Stock Exchange in two or three years. Page 3
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    • Article
      Chairman clarifies
      35 1 THE CHAIRMAN of Petaling Tin Bhd says his recent open letter was not in response to a statement from substantial shareholder Hijaz Industries which called for the removal of four directors Page 3
      35 words
    • Article
      T Layang denies links
      24 1 TANJUNG LAYANG, which intends to take over Idris Hydraulic, says it has no connection with Roxy Electric Industries Page 3
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    • Article
      Maybank keeps status
      29 1 MALAYAN Banking retained its status among the top 100 banks in Asia in terms of shareholders' equity for the third consecutive year last year Page 6
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    • Article
      Bank's results decline
      25 1 BANKAMERICA Corp's 1990 fourth-quarter results show a marked deterioration in the performance of its domestic commercial and construction real-estate loans Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 597.03 +0.79 Kuala Lumpur ....487.56 +0.22 Hongkong 3,072.17 -15.66 Tokyo 23,808.30 361.49 Sydney 1,266.5 +29.0 New York 2,646.78 +23.27 London 2,102.7 -1.9
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SS 1.7435 Yen SSI.3036 MS SSO.63% Money marfcet rates Overnight 4 -1/8 3-month 4-1/2 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$380.00 -US$5.50 Rubber S'pore Feb 152.00«/kg -0.50 M'sia Feb 236.50*/kg -1.00 KL Tin Turnover 58 tonnes+ 32 Spot M$ 15.11 /kg -0.02 Crode nlm oil Turnover 1,057 lots -392 Feb M$891/tonne +8
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  • Article
    Lock icon Allied forces turn air power on Iraqi troops
    634 1 Turkey springboard for attacks US helps to defend Israel Agencies THE COMMANDERS of the allied forces fighting Iraq shifted the focus of their aerial onslaught over the weekend from fixed strategic targets to President Saddam Hussein's elite Republican Guard and other troop
    Agencies  -  634 words
  • Article
    Lock icon Sharp fall in Gulf shipping continues
    171 1 AP US-LED naval forces warned ships on Saturday to enter the Gulf at their own risk after mines were spotted in the normally safe southern Gulf waters. Oil and freighter traffic continued to drop off sharply after Iraq fired a missile into Saudi Arabia
    AP  -  171 words
  • Article, Illustration
    Lock icon Security tightened in many countries amid terrorist fears
    329 1 Agencies FEARS OF possible retaliatory attacks by pro-Iraqi terrorists led to heightened security measures in many countries over the weekend after Baghdad called on Muslims to unite by attacking Western targets. In Bangkok, hundreds of soldiers were seen patrolling outside the US,
    Agencies  -  329 words
  • Article
    US Embassy warning
    84 1 WITH TERRORIST threats in South-east Asia against American installations, the US Embassy in Singapore has issued another reminder urging for tightened security. The embassy quoted the US authorities which said on Saturday that they had received "credible information of terrorist activity and threats in South-east Asia". This
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  • Article
    Tension yet to tell on trade with Gulf
    248 1  -  By Anna Teo UP TO last November at least, the Gulf erisis had not taken its toll on Singapore's trade with its Middle Eastern partners, as latest figures released yesterday show. Country trade volume figures attached to the November 1990 trade results
    248 words
  • Article
    Tourism figures prove the sceptics wrong
    394 1  -  By John Tan SINGAPORE'S tourism industry attracted a record 5.3 million visitors last year, disproving sceptics who predicted that the republic would end the year barely touching the five-million mark. In response to queries from Business Times, the Singapore Tourist Promotion Board released preliminary
    394 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      145 1 I EXECUTIVE I PLACEMENTS 1******62 Aircraft Schedule 13 Market Reviews 20 World Stock Markets 23 The Arts 17 Money Changer Rates 13 Commodities 24 Money Market 24 For market indices, editorial. Cryptic Crossword 13 Regional News 7 advertising and circulation exEnterprise Mgt 11.12 SES 18,19 tensions, ca« Business Times Financial
      145 words
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      Page 1 Advertisements Column 2
      47 1 Land of the dozing sons, Pg 9 The reality of war and the illusion of news, Pg 9 Opec unlikely to nuke imminent oil cutbacks, Pg 25 Tokyo to offer USs6b-USslob more aid, Back Pg Japanese wholesalers accept oil shuttle proposals, Back Pg Full report, Pg 2
      47 words
    • Advertisement
      Page 1 Advertisements Column 3
      188 1 The best just keep getting better... and better... 1 PC 1 MAGAZINE 1 I 1 1 BEBEfi Bn brother; B6M Business Systems 7*3-sooo Behind the banker jfr—- f Ji > j^H UOB's Wee Cho Yaw is the 1990 Businessman of the Year. Read about his past and future plans on
      188 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Training academy for the arts
        93 2 A TRAINING ACADEMY for the arts will open in two yeare, announced EDB chairman Philip Yeo last Saturday. Called the Academy for Creativity Training, it will be a three-way partnership between the Economic Development Board, the creative services industry and the La Salle private college
        93 words
      • Article
        Role of opposition
        123 2 THE opposition should change its role from a sledge-hammer hitting out at the government to becoming a partner in nation-building, said the opposition Member of Parliament for Potong Pasir, Chiam See Tong, last Saturday. This is what the voters want, he said, adding that the ground is
        123 words
      • Article
        Mr Lee visiting US
        123 2 SENIOR MINISTER Lee Kuan Yew left last Saturday for a 15-day visit to the United States and Mexico. After four days in Washington, Mr Lee will leave for San Francisco to address the Stanford University. Former US Secretary of State George Shultz, chairman of the Advisory
        123 words
      • Article
        SIA suspends Istanbul flights
        77 2 SINGAPORE AIRLINES has suspended its twice-weekly service to Istanbul until further notice, following the latest developments in the Middle East and heavy insurance premiums for planes landing in Istanbul. The last SIA flight to Istanbul left last Friday. SIA has also reassured that flights to and
        77 words
      • Article
        Meeting ends in discord
        49 2 A MEETING to select a chief abbot for one of the largest Buddhist temples in Singapore has ended in disagreement. The meeting at the Kong Meng San Phor Kark See Temple at Bright Hill Drive was attended by more than 40 monks, devotees and disciples.
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      • Article
        US Embassy closed today
        22 2 THE American Embassy is closed today, a National Holiday in commemoration of the birthday of Martin Luther King.
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    • Article
      November trade volume kept up growth trend
      471 2  -  By Anna Teo AFTER a strong rebound last October, Singapore's total trade dipped somewhat in the following month. Still, the November 1990 trade value of $19 billion amounted to a healthy 14 per cent growth and also maintained the year-round trade uptrend. Figures
      471 words
    • Article
      CIDB to launch new certification scheme with Sisir
      498 2 TOP-NOTCH building design and construction firms eyeing the international markets will get a boost from a new certification scheme to be implemented next month. Taking its drive to promote excellence in construction a step further, the Construction Industry Development Board (CIDB) will,
      498 words
    • Article, Illustration
      Singapore gains seat on executive board of ISO
      280 2  -  By Claire Leow SINGAPORE has earned a prized seat on the executive board of the International Standards Organisation (ISO) for a three-year period. This is the highest management level of the international body which has been setting widely-recognised benchmarks of quality since
      280 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      130 2 in commemuraiiun ui mw uiiumaj vi i »«v o~ —r Megadoc. From Philips. A breakthrough in information storage significantly. Thanks to our pioneering expertise in optical and retrieval systems whereby just one 5V4" disc can now technology and installed base worldwide, Philips can provide informatics systems dmsion I i. LORONG
      130 words
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  • COMPANY NEWS
    • Article, Illustration
      Sinar Mas group to tap regional markets for US$ 350m
      481 3  -  Financing for industrial paper plant in Indonesia By Quak Hiang Whai INDONESIA'S Sinar Mas group in its second major loan within a year for its paper production business will raise US$35O million from the region's capital markets to build an
      481 words
    • Article
      Lock icon MBf industrial estates worth M$ 165m ready next year
      304 3 MBT TWO MORE industrial parks, managed by MBf Property Services, with a total sales value of Msl6s million are due to be completed in 1992. MBf Property Services' general manager (marketing and sales) Mr KJ Wong said this recently. The two
      MBT  -  304 words
    • Article
      Lock icon Idris bidder not linked to Roxy
      245 3 Bernama TANJUNG Layang Sdn Bhd, an investment holding company which has announced plans to take over management and control of publicly listed Idris Hydraulic (M) Bhd, said over the weekend that it has no connections with Roxy Electric Industries. Tanjung Layang's chairman, Datuk Haji
      Bernama  -  245 words
    • Article
      Warrants: premiums and gearing
      672 3 Pric—(asat18.1 J1) Convarsfonltrma (SscounS Eip> 7 Amount 5S5SJSF using CoimMfM Wrti Shara In stk Cm I Gearing 4 Company »s«jo Coov pte, u»* Cash 1 Lnsfc* Data M*»s m units) P" 6 nom left nuo u|tm LJL—s C&CWt 37.5 1.040 3.520 1.00 3.09 17 3.38 26.4.93
      672 words
    • Article
      Lock icon Tasek Cement to benefit from surge in demand
      196 3 MBT TASEK Cement, one of Malaysia's largest cement producers, is set to benefit from the surge in demand for cement in the next two years, said Mayban Securities. This is expected to result in higher pre-tax profit for the company this year
      MBT  -  196 words
    • Article
      Lock icon BMB income ratio above B Negara requirement
      268 3 MBT BUMIPUTRA Merchant Bankers has achieved a feebased income ratio of 60 per cent, well above the minimum requirement of 30 per cent stipulated by Malaysia's Bank Negara. This was disclosed in the bank's latest annual report by chairman Datuk Hanafiah Hussain, who
      MBT  -  268 words
    • Article
      Lock icon Bank Bumiputra to be listed in two to three years
      298 3 NST BANK Bumiputra Malaysia Bhd shares will be sold to the public and the bank listed on the Kuala Lumpur Stock Exchange in two or three years, Malaysian Finance Minister Datuk Paduka Daim Zainuddin said over the weekend. Datuk Paduka
      NST  -  298 words
    • Article, Illustration
      Petaling Tin chief clarifies open letter
      387 3  -  By David Chew PETALING TIN Bhd chairman Gen (R) Tan Sri Ibrahim Ismail has clarified that his open letter to shareholders dated Jan 14 was not a response to an eight-page statement issued by substantive shareholder Hijaz Industries Sdn Bhd two days earlier, calling
      387 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      130 3 Technology' in BT every Tuesday THE POWER BLITZ ij f *Y".' ,s; >• •-.y, w: v x: v.- V*" -v. w* .Y v v m ML m ••.-»Wi'4 V-. •"f > ;;;.V- :V v The camera with the world's widest and most powerful built-in tesh. THE ALL NEW Nikon $-mi
      130 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Union Carbide unit, Mitsui in China venture
        81 4 AMERCHOL CORP, a unit of Union Carbide Chemicals and Plastics Co Inc, and Mitsui and Co Ltd are combining their manufacturing and marketing capabilities to expand the sales of Amerchol's speciality polymers to the personal care industry in China. Union Carbide Chemicals and
        81 words
      • Article
        Dowty teams up with Japanese
        112 4 DOWTY GROUP pic said it was forming a £7 million joint venture with Japan's Koike Rubber Co Ltd and C Itoh and Co Ltd to set up a business machinery component factory in North Wales, UK. The factory, in Wrexham, will make polymer components for
        112 words
      • Article
        Makita to buy German firms
        92 4 JAPANESE power tool maker Makita Electric Works Ltd said it will buy a German maker of small gasoline and electric engines named Sachs Dolmar GmbH and its two sales units in the US and Canada from Germany's Mannesmann AGF. It will spend a total of
        92 words
      • Article
        NEC's portable workstation
        51 4 NEC CORP's NEC America Inc unit said it launched a portable cellular workstation that includes the P3OO portable phone, an RJ 11 cellular interface and a notebook computer. The company said the device will provide professionals with computing and communications capabilities to serve a wide variety of
        51 words
      • Article
        Fujitsu to set up database firm
        86 4 FUJITSU Ltd, Japan's top computer maker, said on Thursday it will establish a new Japanese-language database company to provide to users a wide range of information on legal matters, patents, industrial surveys and statistics. The Tokyobased company said the new firm, G-Search Co, will
        86 words
      • Article
        Toyobo, DSM in fibre venture
        99 4 TOYOBO Co, a major Japanese textile maker, said on Thursday it has established a 50-50 joint venture with the Dutch chemical company DSM to manufacture and market high-te-nacity polyethylene fibre on the world market. The Osakabased company said the new firm, Nippon Dyneema Co, will
        99 words
    • Article
      Lock icon News Corp expects debt deal by end of the week
      280 4 Reuter RUPERT MURDOCH'S News Corporation expects its US$B billion debt restructuring to be completed by the end of this week, a company official said at the weekend. Peter Chegwyn, finance director of News Corp's Australian unit, News Ltd, also confirmed
      Reuter  -  280 words
    • Article
      Lock icon TNT projects lower profits but denies refinancing
      488 4 Reuter AUSTRALIAN firm TNT Ltd's profit for the year ending June 30 will be below last year's, chairman Fred Millar told a news conference last Friday. "The Australian economy has deteriorated much more rapidly than most people would have expected," he said. TNT
      Reuter  -  488 words
    • Article
      Lock icon Nissan to increase local content with second US plant
      571 4 NYT NISSAN MOTOR CO last Friday said it planned to build a second plant in the United States that would make car engines, allowing the company to increase the domestic content of its American-assembled cars. Nissan plans to spend more than
      NYT  -  571 words
    • Article
      Thai sportswear producer diversifies
      243 4 GRAND Sport Co, a Thai manufacturer of well-known sportswear, has diversified into casual knitwear to strengthen its market base and increase its bargaining power with retailers. However, it is not introducing new brands. The Nation quoted Nattachai Surawattana-prasert, sales-in-charge of the diversified product range on Friday
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    • Article, Illustration
      Lock icon Nomura buys major stake in Frankfurt Tower
      291 4 IHT JAPAN'S Nomura Securities Co has purchased the largest single stake in the Frankfurt Trade Tower, Europe's tallest office building, in another move expanding its presence in Germany. Nomura bought a onethird stake in the building, nearing completion, from Citibank Investments Ltd. The
      IHT  -  291 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      87 4 10 British companies will be in Singapore this week seeking trade and investment opportunities. Company profiles are: Manufacturers of Flame Arresters Manufacturers of Food Processing and Packaging Equipment Consulting Engineers Poultry Manufacturers Manufacturers of Domestic and Commercial Waste Disposal Units Manpower Services for Oil, Gas, Petrochemical and Power Industries Educational
      87 words
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      Page 4 Advertisements Column 2
      134 4 sst I Durham II n I 1 rH University |f| DA 1 Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving dedication to the pursuit
      134 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Eastern Airlines to sell planes to pay bills
      381 5 Rescue-deal talks continuing with possible investors Reuter EASTERN AIRLINES Inc trustee Martin Shugrue has said that the bankrupt American airline will begin selling aircraft to pay its bills but that talks are continuing with potential investors to raise money so that Eastern
      Reuter  -  381 words
    • Article
      Lock icon Volvo and Renault in cross-ownership deal
      319 5 Reuter SWEDISH vehicle maker AB Volvo has announced that it and France's Regie Nationale Des Usines Renault have concluded an extensive crossownership deal. The agreement involves cross-ownership of shares in the two companies' car, truck and bus operations. Volvo said in a statement released
      Reuter  -  319 words
    • Article
      Lock icon Saatchi bond holders unhappy with offer
      400 5 Reuter HOLDERS of Saatchi and Saatchi Co pic's Euro-prefer-ence convertible bond issue are unhappy with the firm's recapitalisation plan and regard it only as an opening offer, several bond holders told Reuters. "We are very displeased with this proposal and have written to the
      Reuter  -  400 words
    • Article
      Lock icon Nixdorf down 800 m marks before takeover
      121 5 Reuter NIXDORF Computer AG, which was taken over by Siemens AG last year, has announced that it lost 800 million marks in the nine months ended Sep 30 last year. This compared with a group loss of 1.07 billion marks for the whole
      Reuter  -  121 words
  • COMPANY BRIEFS
    • Article
      NCR amends suit against AT&T
      63 5 NCR CORP has amended a previously filed suit against American Telephone and Telegraph Co concerning AT&T's proxy struggle in its US$9O-a-share tender for NCR. The amended filing made last Friday claims that AT&T, by virtue of its Universal Card credit card operations, is a bank
      63 words
    • Article
      Ironstone seeks protection
      89 5 IRONSTONE GROUP INC has filed for protection from creditors under Chapter 11 of the US Bankruptcy Code after former American National Petroleum Co shareholders alleged that Ironstone defaulted on an escrow holding 50 per cent of Ironstone shares. The escrow agreement on the 2.1 million shares related
      89 words
    • Article
      Dutch firms oppose EC ruling
      100 5 THE DUTCH ELECTRICITY INDUSTRY is prepared to go to court to fight a European Commission ruling that it is breaking EC anti-trust rules. The European Commission says the four main Dutch generating firms and Samenwerkende Elektriciteitsproduktiebedrijven (SEP), which they jointly own, are breaking anti-trust rules
      100 words
    • Article
      Alcan needs to cut costs: chief
      93 5 ALCAN ALUMINUM LTD chairman David Morton has said that the company's 1990 net income was "reasonably satisfactory" but has also highlighted the need for continued cost reductions. Speaking in Montreal last Friday, he said such cost-cutting programmes were in place and would reduce 1991
      93 words
    • Article
      Dorset to buy Esso interests
      65 5 DORSET EXPLORATION LTD plans to buy between Cs6 million and Cs7 million worth of working and royalty interests in oil and gas properties from Imperial Oil Ltd unit Esso Resources Canada Ltd. The interests ranged between 90 and 100 per cent in a 52,000 gross
      65 words
    • Article
      Higher earnings for Forbo likely
      67 5 SWISS wall- and floor-coverings manufacturer Forbo AG has said that preliminary returns from the group's subsidiary companies indicate "an increase in earnings, leading to the expectation that the group's results for the year 1990 will again be favourable". Forbo's statement, made in Zurich last Friday,
      67 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      89 5 m > V t"♦ .♦t V x v '4' i •6 > S I ta,,, s v ■Mwifl II I RSl' 111 I 111 mil II riw/ BkJI Bi^fcMiMBBaBMMMMMMWMMMMiB itstn w< ML I >»i/f'|/a Wy| y J t »r-•; tfc SHANGHAI ;——ssaa* "< iitifjiW. fefe^^iAtoMii£iiiittiiiinltfßftflllKlNMlHHHßp3HH|jH9ESßisHP& _;'t »WM^TPPPW^W|^^^r'^E»ip^^r^r»^jpMW^j7*>:,^t^jP^"-^M^Kgg»glr^j|K^«aißßP^^ yyr > MuIMCfIVK
      89 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Big rush for China's foreign currency bonds
        93 6 PEOPLE rushed to crowded bank counters in Shenzhen, south China, to buy China's first foreign currency bonds since the communist takeover in 1949. The official China Daily said the US$B million worth of bonds were put on sale on Friday by Shenzhen United
        93 words
      • Article
        Mellon hit by large provision
        92 6 MELLON Bank said its U552.52 per share fourth quarter oss reflected a US$l75 million provision for credit losses, aken amid growing concern that the recession may last onger than first thought. It said the large provision reflected the generally soft economy, particularly in the real
        92 words
      • Article
        Sedgwick buys Belgian stake
        55 6 SEDGWICK Group pic said its retail operating company Sedgwick James purchased 54 per cent of Belgian insurance Droking company Groupe Thilly Van Eessel SA. Sedgwick said the purchase from its joint venture partners in Belgium, Petrofina SA subsidiary Etmofina SA and Groupe Bruxelles Lambert SA, was
        55 words
      • Article
        Bank gets Polish licence
        67 6 CfIjjsDITANSTALT, Austria's biggest bank, received a licei®e on Friday to conduct full banking operations in Poland, a feance ministry source said. He said the licence would ensle Creditanstalt to develop a branch network in Poland antf* conduct a full range of commercial and investment baiting business.
        67 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article
      Lock icon May bank slips to 90th place in Asian ranking
      303 6 MBT MALAYAN Banking retained its status among the top 100 banks in Asia in terms of shareholders' equity for the third consecutive year last year. However, Bank Bumiputra Malaysia, which ranked 91st the year before, was dropped from Euromoney Publications' 1989
      MBT  -  303 words
    • Article
      Lock icon Recession hits home at Bank America
      407 6 Setback for domestic commercial and real estate loans Reuter THE recession in the United States has finally taken hold at Bank America Corp, whose 1990 fourth quarter results showed a marked deterioration in the performance of the company's domestic commercial and construction real estate
      Reuter  -  407 words
    • Article, Illustration
      Lock icon Suit is without merit, says Milken spokeswoman
      341 6 NYT IN RESPONSE to the suit filed by the Federal banking regulators against Michael R Milken and a number of well-known former executives with savings and loan associations, a spokeswoman for Milken says the suit is replete with false accusations and and is
      NYT  -  341 words
    • Article
      Lock icon AA-HRM confident of meeting challenges ahead
      262 6 Bernama ARTHUR ANDERSEN Co, Malaysia, banking on what it has created including a merger exercise with Hanafiah, Raslan Mohamad, is confident of meeting the challenges in 1991 and the decades ahead. AA-HRM country managing partner Haji Zainal A Putih said in its latest in-house
      Bernama  -  262 words
    • Article, Illustration
      Lock icon Asian markets face mixed fortunes: Bank Negara chief
      299 6 AFP ASIAN capital markets will be mixed in the *****, says the governor of Malaysia's central bank, contradicting earlier, more positive predictions at a two-day capital markets conference in Bangkok last week. Tan Sri Dato Jaffar Hussein, governor of Bank Negara Malaysia,
      AFP  -  299 words
    • Article
      Lock icon Moody's lowers Mitsui Trust rating
      254 6 AFP MOODY'S Investors Service Inc on Friday said it had lowered its credit rating for Japan's Mitsui Trust and Banking Co Ltd, citing concern about long-term profits and its exposure to the real estate sector. The Japanese unit of the US rating agency said it
      AFP  -  254 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      237 6 1f THE MONETARY AUTHORITY OF SINGAPORE r SIHOAPOBE GOVERNMENT < OFFEBINO OF TAXABLE BOOK-EHTWY BONDS TO THE PUBLIC 3©™weGtP»*v! *~i7 4 tvhwiimi i AMOUNT OFFERED SGD4OOMIO ISSUE CODE N*****0Z (Reopened) ISSUE DATE 1 FEBRUARY 1991 MATURITY DATE 1 SEPTEMBER 1995 INTEREST RATE 5.375 PCT PRICE TO BE DETERMINED AT THE
      237 words
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      Page 6 Advertisements Column 2
      153 6 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price changes
      153 words
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  • THE REGION
    • Article
      Auction of 37 Thai property lots to be held on Feb 9
      380 7 THIRTY-SEVEN lots will go under the hammer at Thailand's first property auction on Feb 9, The Nation reported on Friday. The properties include shophouses, townhouses, homes, offices, resort homes and condominiums, residential and office condominiums, mini-factories, factory land,
      380 words
    • Article
      Rise in number of HK business failures
      238 7 BUSINESS FAILURES are on the rise in Hongkong, according to the colony's Official Receiver's Office. The economic downturn has contributed to the highest business casualty rate since 1986, the South China Morning Post reported on Friday. Over the past 12 months, there were
      238 words
    • NOTE BOOK
      • Article
        Suharto cancels visit to India because of war
        80 7 INDONESIAN President Suharto has cancelled his planned official trip to New Delhi because of developments in the Persian Gulf, Secretary of State Murdiono said on Saturday. The trip was to have started on Friday. "After considering the latest development, the president regretfully
        80 words
      • Article
        UN urges aid for Vietnam
        102 7 THE UNITED Nations Security Council has called on the international community to send aid to Vietnam to help it overcome problems stemming from the UN embargo on Iraq, the official press in Hanoi said on Saturday. The Nhan Dan newspaper said the Security Council's sanction
        102 words
      • Article
        KL allocates 26pc to transport
        66 7 THE MALAYSIAN government has allocated 26 per cent of its M 59.4 billion development budget under the Sixth Malaysia Plan to the development of the transport sector, Transport Minister Datuk Seri Dr Ling Liong Sik said on Saturday night. He said that besides upgrading and
        66 words
      • Article
        UK trade secretary visits HK
        103 7 BRITISH Trade and Industry Secretary of State Peter Lilley is in Hongkong for a three-day visit at the invitation of the British Trade Commission, a government spokesman said yesterday. Mr Lilley, the first member of new Prime Minister John Major's Cabinet to visit the British
        103 words
      • Article
        MTJA deal to be ratified
        52 7 MALAYSIA and Thailand will ratify the Malaysia-Thai-land Joint Authority (MTJA) agreement at a ceremony in Bangkok today, the Malaysian Foreign Ministry said yesterday. Malaysia and Bangkok signed the MTJA agreement last year to carry out joint exploration and exploitation of non-living resources in their overlapping
        52 words
      • Article
        Facelift for Vietnamese hotel
        56 7 VIETNAMESE authorities threw a party to mark the start of a facelift intending to restore the Metropole Hotel to its former glory. An association grouping Vietnam's Giang Vo Co and Hanoi Tourism with Pullman and French construction firm FEAL International has been granted credits of US$9
        56 words
    • Article
      Lock icon New M'sia-Indon film exchange accord
      262 7 Bemama A NEW agreement will rejuvenate the long-planned but poorly implemented Malay-sia-Indonesia film exchange programme, Malaysian National Film Development Corporation (Finas) chairman Tan Sri Abdul Samad Idris said. Tan Sri Abdul Samad said the latest accord, reached on Saturday, will pave the way for the
      Bemama  -  262 words
    • Article
      Lock icon Thai ministry releases report on Aids
      458 7 Bernama EVEN THE happy-go-lucky Thai should by now be worried about Aids. The latest figures from the Ministry of Public Health show that, by Dec 31, 76 Thai had developed full-blown Aids; 235 had Aids-related complex, an earlier stage of the disease; and 25,031
      Bernama  -  458 words
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      54 7 ZMnmu S// //</ f/s /t, I -v .>:... Jil v Eastern Watch •/A* 4 v '<• i iSK i^^V* y The very special place to buy a watch "> '*Xv. > V; %-T- ieV-,, Key' eastern Watch ft, Ud. *01-74 Urky I'lum 7W. W« W-* *7/*> iMkyHau. M WJW if
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      1394 8 BANCA NAZIOMALE DEL LAVOWO asm flftlW" 1 B 08. LAVOOO (ESTABLISHED IN ITALY Willi LIMITED LIABILITY HEAD OEFICE IN ROME) HEAD OFFICE ADDRESS: VIA VENETO 119. ***** ROMA. ITALY BALANCE SHEET AS AI 31ST DECEMBER 1989 ASSETS in UABIU'IWS AND SKI WOK 111 TTL Cash 871.524.56(1.247 BORROWINGS: Funds with the
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      Page 8 Advertisements Column 2
      209 8 NOTICE NOTICE IS HEREBY GIVEN thai, I, Steven Henry Franklin of No. 61 Grange Road #22-01 Beverly Hilk, Singapore 0923, have applied for a Second Class Public House licence in respect of premises at MA DPS Singapore (Pie) Limited at 100 Orchard Road #02-69 Meridien Shopping Centre, Singapore 0923 and
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  • FOCUS
    • Article, Illustration
      Lock icon Land of the dozing sons
      1035 9 The Gulf War Whatever the outcome of the Gulf war, the US-Japan relationship will never be the same again The Economist WEIRD as it seems to anyone in Europe or America, only two days before the war in the Gulf started, the general belief in
      The Economist  -  1,035 words
    • Article
      Lock icon The reality of war and the illusion of news
      625 9 NYT AFTER last Wednesday night, news coverage of war will never be quite the same. Television, and especially the Cable News Network, turned the US into one vast community of fascinated viewers who watched a war unfold at the very instant
      NYT  -  625 words
    • Article
      Lock icon US defence firms face their sternest tests yet
      301 9 Reuter US DEFENCE companies have won praise for the performance of their high-tech hardware in the opening salvo of the Gulf war, but the success belies the troubled outlook for an industry facing shrinking demand. McDonnell Douglas Corp, General Dynamics Corp, Lockheed
      Reuter  -  301 words
    • Article
      Lock icon Traders deluged by news and rumours
      422 9 Reuter UNCERTAINTIES over the war have spawned an endless flow of rumours about what is happening in the Gulf. Much of the day is spent weighing the information spewing onto the trading room floors to help guess what might happen next. Vivid television reports
      Reuter  -  422 words
    • Article
      Lock icon US should not win the war only to lose the peace
      912 9 Reuter FIRM, swift and farsighted diplomacy will be needed from the United States and its allies if they win the Gulf War to prevent the Middle East sinking back into a morass of hatred and instability, Western analysts say.
      Reuter  -  912 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      190 9 [Canadian Overseas CoHeg^^ WHAT'S IN A CANADIAN A Canadian education offers: I Instruction provided by certified Canadian teachers I A curriculum developed in accordance with Ontario Ministry I guidelines I •An internationally recognized diploma the Ontario Secondary School I Diploma (0.5.5.D.) to graduating students I Equivalency credits for previous academic
      190 words
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  • ANALYSIS
    • Article, Illustration
      The nouveau riche in Vietnam
      1479 10  -  Harish Mehta on a slowly emerging Vietnamese economy which harbours dreams of becoming the second South Korea Harish Mehta THE bar at the International Club in Hanoi has become an icon of the emergence of a new cash-rich Vietnamese business class. Here newly-rich Vietnamese businessmen
      1,479 words
    • Article, Illustration
      From minefields to millions
      706 10  -  The new Vietnam seems chock-a-block with emerging millionaires. Harish Mehta talks to one of them Harish Mehta HOUNDED and re-educated by the communists after they captured Saigon in 1975, the fall and rise of Tran Due Nam is a bullets-to-bonanza story. He is now one of
      706 words
  • Page 10 Advertisements
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      80 10 TCuaia 4 KCUAe^t ctfwaan&et retail W dtefilaty centric. AHiA If I A K tovfiarmny Ml fUB ir K at No 1. Jolan Sutton Ismail /V ont.o»»tv I _J /y' /< 7 <<^ v ss 7/ J4t>U» MMLte this location, should there he anything else? If you feel you are a
      80 words
  • Page 10 Miscellaneous
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      Page 10 Miscellaneous Column 1
      28 10 Doonesbury BY garry trudeau iT>£ FACZOFJJAR\ 11 ~AS A WLtION YOUN6 MSN ANP~\ IHB JAKS a >1 1 \iMIMFROMAPWNAnONs\ 1 SANPS OF SAUU! ARABIA... Cm.* 07 r v
      28 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Lock icon A hunger for innovation
      1072 11 A look at the frantic pace of new-product development in Japan The Economist WESTERN companies are supposed to be the masters of innovation, marketing and incisive management. Japanese firms have a reputation for borrowing ideas from abroad, making painstaking improvements and then, when everything is ready,
      The Economist  -  1,072 words
    • Article
      MEMOPAD
      377 11 Seminars and courses Ian 21 Time Management Management Singapore *****66 Hsc Institute of Management Jan 21 Property Market Hyatt Regency REDAS *****55 Update Singapore Jan 21 Half-day Seminar SMA House The Singapore *****87 On "Paperless Manufactures Work Environment" Association Jan 21 The Winning Management Singapore *****66 22 Formula The
      377 words
    • Article, Illustration
      There's always room for growth
      1359 12  -  Cingaporo woai owtot BusinessTimes The rise and rise of banker Wee Cho Yaw, Businessman of the Year for 1990, is the classic tale of a Chinese migrant who made good, backed by a base of family wealth and a large dose of entrepreneurial drive. Genevieve
      1,359 words
    • Article, Illustration
      The international path
      1069 12 UNITED Overseas Bank's mission for the *****: To be Singapore's leading international bank. For UOB chairman Wee Cho Yaw, this target is only logical as he sees limited opportunities for future growth in the domestic banking market. After transforming UOB from a one-bank, one-branch entity to a
      1,069 words
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      34 11 Management Consultancy Sl# I I I T r 1/ Seminars And Training If I I I I Business Assistance 11 I L L I L 11 Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
      34 words
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      Page 11 Advertisements Column 2
      158 11 i BORDfui -*—> v r ft /jy\ THEY LIKE OUR SERVE. TIPS *91 WILL TELL YOU WHY. Each of these internationally- comes 9 e^'n 9 maximum returns recognised firms has chosen Pahang from their valuable investments. They as a manufacturing base when they obviously like our serve; the way we
      158 words
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      36 12 Imprcssbnist Modem European Paintings r~ i v 4 v ,v !5| Rosefern Fine Art Gallery 402 Orchard Road #04-14 Delfi Orchard Tel: *****73 Exhibition duration 19th to 31st Jan '91 1 lam to 6pm dailv m
      36 words
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      Page 12 Advertisements Column 2
      155 12 10 ways the Dale Carnegie Course 9 helps men and women: Poise and Confidence Public Speeking Human Relatione Insight People Management Skille Effective Communications Motivational Skille The Courage to Think, Decide and Act Sell yourself and Your Ideaa Develop Your Hidden Abilitiee Win a Better Job, More Income With ths
      155 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1004 13 City Flight ETA Flight rn> AMaMa SQ228 1900 SQ227 2130 ftmmin RJ182 1400 Aatstardam KL841 1140 KL842 2105 SQ23 1325 Affctaad NZ25 1655 NZ28 1815 SQ388 2030 Bandar Sari BI421 1105 SQ182 0915 Bacawan SQ181 1410 BI422 1205 BI429 1830 B1430 2125 Im|M QF062 1135 CI664
      1,004 words
    • Article, Illustration
      A holiday pilgrim's tale
      925 13  -  LETTER FROM UMBRIA By David Dodwell ABOVE the weariness, I suddenly found myself humming, though I couldn't at first tell what. The snows of Mount Subasio were above and behind us. All around were the wrinkled amber oak forests above Assisi: St Francis had walked this
      925 words
    • Article
      MONEY CHANGER RATES
      150 13 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3580 1.3780 Canadian dollar 1.4890 1.5090 NZ dollar 1.0250 1.0650 Sterling pound 3.3400 3.3700 US dollar 1.7390 1.7490 Local dollars to 100 units of foreign cmcy Austrian schilling 16.00 17.00
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      62 13 Duration Title Venue Organiser Td Duration Title Venue Otgmncr To Jan 19-27 International Germany Stuttgarter (46)711/2589-0 Jan 23-27 International Madnd IFEMA ********** Exhibition For Messe Urvd Tourism Trade Caravaning. Kongress F® lr Motoring. Tourism Feb 4-9 International Netherlands Koninklije (31 )3<V*****1 Building Nederiandse Jan 21-24 Middle East
      62 words
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      208 13 9 ...supplies clever asides to pious man with the last ll" 26 The breach Georgia and Penny minimised(3) 27 A lot of wine Len must 6 How the bowler wants to were needed to build an return from England to get the batsman deter- ancient tomb!(6) France soon(6) mined to
      208 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      212 13 Singapore Outlook: Showers over several areas in the afternoon Forecast: Maximum temperature 31.(TC Assoc humidity 70% Minimum temperature 24.2"C Assoc humidity 96% Hours of sunshine 3.85 Rainfall in mm Nil Rainfall this month 65.1 Rainy days this month 6 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 22/16 Fair Bangkok 32/21 Fair
      212 words
    • Miscellaneous
      Page 13 Miscellaneous Column 3
      30 13 See l Clubs, p'os fours, sKoes.copord Gerfrk Reader—■ £r 0 a qp* Ofe«"y«Vk*>g Score card DmecJor,is prepay UfflTtoe fcohqrd dafS worK.... /(rf t~-——^ 0349 C EVENING STAHPAHO CO. LTD., IM2-IWI
      30 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon McEnroe's brother makes it to q-finals
      622 14 Australian Open Agencies MILD-MANNERED Patrick McEnroe picked up where his volatile brother John was forced to leave off last year, quietly reaching the quarterfinals of the Australian Open yesterday. The younger McEnroe, playing in only his second Grand Slam event, beat popular Australian Mark
      Agencies  -  622 words
    • Article
      Lock icon Graham keeps his head despite win
      271 14 AFP ARSENAL manager George Graham refused to get carried away after his side toppled Liverpool from the top of the English Division One football league last Saturday. A 1-0 home victory over Everton lifted the Gunners one point clear of the champion, which was
      AFP  -  271 words
    • Article, Illustration
      Lock icon Cook steams away to clear lead in Hawaii
      532 15 Agencies JOHN COOK, whose career was threatened by a wrist injury two years ago, surged two strokes clear of the field after three rounds of the Hawaiian Open on Saturday. Cook, 32, came in 17-un-der-par on 199 after shooting a 69 over
      Agencies  -  532 words
    • SIDE LINES
      • Article
        Wattana demolishes Dutch champion
        114 15 THAI snooker sensation James Wattana powered into the third round of the World Masters men's singles in Birmingham on Saturday with a 6-0 whitewash of Dutch champion Rene Dikstra. Wattana, who celebrated his 21st birthday last Wednesday with a maximum break against Welsh amateur Paul Dawkins,
        114 words
      • Article
        Play on, boys
        112 15 PRESIDENT George Bush of the US told the National Football League on Saturday that it should go about business as usual and play yesterday's games as scheduled. At the same time, the NFL and other sports organisers continued to increase security. White House spokesman Marlin Fitzwater said
        112 words
      • Article
        Johnson's confident
        76 15 BEN JOHNSON insists he will eventually be just as fast without steroids as he was with them. Johnson, who was stripped of his gold medal at the Seoul Olympics in 1988 for using steroids, is just beginning his comeback effort. He has finished second twice in 50 metres
        76 words
      • Article
        Scotland goes down to France
        82 15 DEFENDING Grand Slam rugby union champion Scotland was completely thrown off balance at the start of the 1991 campaign by a rejuvenated French side on Saturday. Scots coach lan McGeechan was clearly disappointed after the 15-9 defeat in Paris, where Scotland has not won a
        82 words
      • Article
        San Sebastien it is
        70 15 THE International Amateur Athletics Federation decided on Saturday that San Sebastien in Spain will hold the 1993 Marathon World Cup. The lAAF executive committee picked the Basque city ahead of rival candidates New Delhi and Athens. The Greek capital has been asked to host the World
        70 words
      • Article
        Taylor outpoints Davis
        71 15 MELDRICK TAYLOR dominated the first six rounds, then settled in for a unanimous 12-round decision over Aaron Davis to become the new World Boxing Association welterweight title in Atlantic City on Saturday. Taylor set a furious pace early on, scoring with shots to the head and body.
        71 words
      • Article
        Fenech's fighting fit
        85 15 JEFF FENECH surveyed his fragile hands yesterday and declared them ready to win him a fourth world boxing title. The unbeaten Australian came through his first fight in 14 months unscathed, stopping Canadian John Kahlbenn in the fourth round of 10-round lightweight bout in Adelaide on Saturday
        85 words
    • Article
      Lock icon Morris challenges for Test place in England team
      245 15 AFP JOHN MORRIS, the batsman who has been left in the shadows during the England team's current tour of Australia, made a late bid for selection in the last two Tests with a century off Queensland in Carrara yesterday. Morris, 26. batted
      AFP  -  245 words
  • Page 14 Advertisements
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      124 14 .AO. BP V W J xj*V A Ae£> <-X/ J) V^r fei^p^wS'i«El^BßHE®ESMM»fll^M^i^™**Hi^^^^^^^^« Put round-the-world free access |H into your phone. |K Now, you can hear the opportunities around the world. CALL-FREE Mi The Call-Free Singapore facility of the International Toil-Free Service gives your international business a powerful competitive SI NGAPORE
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      Page 14 Advertisements Column 2
      16 14 2 powerful facilities fi Toll-Free Service that advantage for intern J t 4 Singapor Call us
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  • Page 15 Advertisements
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      11 15 Rom the International provide a competitive lational businesses. e Telecom Reconnect
      11 words
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      Page 15 Advertisements Column 2
      141 15 v <* -~a l§sl "SkJRIUIII Give round-the-world free access to your fax machine, around-the-clock. pAW m EDBB Now. you can capitalise on global opportunities. 24-hours a day. 0y offering a Fax-Free Singapore number, your customers SI NGAPORE will be encouraged to give your company preference when responding to your business
      141 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1065 16 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE Some of our best advertising is by word-of-mouth. r WW T^Sl For outstanding haute cuisine in surroundings ot unashamed opulencc. The Palm Grill is the name on everyone's lips. Reservations. *****I0or 338 8585ext !()I55/H.
      1,065 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      757 16 TELEVISION AND RADIO T7* +ill I7AII A\ck SBCI2 iTi KSZW I I.&M I BUSINESS ON RADIO |.T I 1 OU Q-1G Htm kmtkM f*M»a !SS) -IH rD ,l h <Ca I MklknNMi. BBC, M.9 «iHz m VHf Band II mJ New Orleans v Chicago 7j5 interlude. 7.30 Jayoae and the
      757 words
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  • THE ARTS
    • Article, Illustration
      Lock icon Art treasures at risk in Gulf war
      1546 17  -  Major art treasures and monuments from the early stages of mankind's culture are in danger of being damaged and even destroyed in the current Gulf War. Souren Melikian details what's at stake. Souren Melikian IHT COULD the tragedy of war be compounded by
      IHT  -  1,546 words
    • Article, Illustration
      Lock icon Egypt closes museums, monuments
      194 17 AFP MUSEUMS and archaeological sites have been closed in Egypt until further notice, apparently as a security measure in the light of the Gulf war, correspondents said in Cairo last Saturday. Last Saturday, a handful of foreign tourists in Cairo were turned away from the "Antiquekhana",
      AFP  -  194 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      262 17 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? IHHjjHkl MHBH d%ubutitf (?>nll MONDAY HUDAY, 12 NOON TO PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing
      262 words
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      Page 17 Advertisements Column 2
      71 17 F/a The Best Selection of 1 LA SET LUNCHEONS are now down by the River 9 Teppanyaki set lunch at Ss2o++ at the GINGA -4* Sichuan set lunch at Ssl2++ at the RIVER PALACE Seafood set lunch at Ssl2+ at WAREHOUSE CORNER 4^«4* Western/Local set lunch atSsl2++ at RIVER GARDEN
      71 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Analysts confident of further price gains
      1226 18  -  By Diana Oon THE LOCAL MARKET erupted into a frenzy of buying late last week on news of the outbreak of war in the Gulf. On Thursday, the Straits Times Industrials Index leaped 62.46 points to 1,211.54, its highest single-day gain for the year.
      1,226 words
    • Article
      Untitled
      3812 18 Gr's Gr's 1990 Tel Ijwt Vol Week I jot Quote Div Di* YTd Net M Cap High Ix>w Code Company Sale +or- ("000) High Ix»w Buyer Seller Or P/E $mil INDUSTRIAL I COMMERCIAL 277 152 1000 Aetna 173 +2 291 175 164 168 173 10*1" 290 165 1142 Alex Hldgs
      3,812 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4142 19 Main Board Nat Steel 810 50 +6.4% Singmanne 50* 420 42 +11.1% SI A 1050 f 40 4.0% FAN 715 40 5.9% Keppel C'orpn 590 40 +7.3% NatSteel Wt 165 38 f 29 9% Jurong Ship 50* 600 +35 +6.2% Semb Shipyard 550 +35 +6.8%
    4,142 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon War launches surprises on Wall St
      664 20 NEW YORK Analysts see the potential for a significant setback regardless of war outcome AP THE REVERBERATIONS of war in the Middle East have struck some surprising notes on Wall Street so far. For months since the Aug 2 invasion of Kuwait, economists and
      AP  -  664 words
    • Article
      Bears caught in a trap as stocks surge
      926 20  -  LONDON By Ray Heath MEN AT WAR are unpredictable. Markets no less so. The volatility of the London market during the days before the UN deadline for Iraq's withdrawal from Kuwait ticked away suggested that if the shooting started in earnest, the
      926 words
    • Article, Illustration
      Lock icon Hopes of early end to Gulf war lift stocks
      593 20 TOKYO AFP SHARE PRICES shot up in erratic trading on the Tokyo Stock Exchange (TSE) last week, with the Nikkei Stock Average posting a 576.28point or 2.44 per cent weekly gain to end the week at 23,808.30 yen on Friday. Traders
      AFP  -  593 words
    • ASIAN MARKETS ROUNDUP
      • Article
        HONGKONG
        194 20 SHARE PRICES rose slightly on the Hongkong stock market despite the war in the Gulf, with the Hang Seng Index gaining 13.80 points or 0.45 per cent last week to close at 3,072.17 on Friday. Average daily turnover also jumped to HK$577 million (US$74 million) from the previous week's
        194 words
      • Article
        SYDNEY
        147 20 THE OUTBREAK of war in the Gulf boosted Australian i stock prices last week. The j main market indicator, the All Ordinaries Index, gained 23.4 points, or nearly 2 per cent, to 1.266.5. The All Industrials Index 1 lumped 51.6 points to 1.943.0 while the All Resources Index edged
        147 words
      • Article
        BANGKOK
        89 20 TRADING on the Securities Exchange of Thailand (SET) was brisk towards the end of the week following the outbreak of war in the Gulf. The SET index jumped 51.47 points on Thursday and 24.59 points on Friday after two days of losses on the index. The jump was attributed
        89 words
      • Article
        TAIPEI
        237 20 THE ERUPTION of war in the Gulf boosted Taiwan share prices last week after sweeping away armed conflict jitters that had depressed the bourse earlier in the week. The 220-issue Weighted Price Index recouped 120.17 points, or 3.3 per cent, including Saturday the previous week, to finish at 3.776.08
        237 words
      • Article
        SEOUL
        113 20 SOUTH KOREA'S bourse closed the week higher after a roller-coaster ride sparked by Gulf war reports. The broad-based Composite Stock Price Index closed Saturday's half-day session at 663.10, up 13.91 from the previous week. Average daily turnover was 14.45 million shares. On Thursday, the news of the outbreak of
        113 words
      • Article
        JAKARTA
        112 20 THE GULF WAR sparked a late mini-rally last week on the Jakarta Stock Exchange (JSF.) where prices have been sliding for three weeks. The JSE index closed at 393.190 on Friday after hitting 389.224 on Wednesday before the war began, but it was still lower than the previous week's
        112 words
      • Article
        Lock icon BOMBAY
        66 20 AFP INDIA'S stock markets ended the week with no indication when trading, suspended because of the Gulf conflict, would resume and no sign that a payments crisis faced by brokers was any closer to resolution. The Bombay Stock Exchange's sensitivity index lost 16 points to close at 1.017.72 on
        AFP  -  66 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      244 20 NOTICES OFFICE SHARING (TAIPEI) Jj Our company, a US/Singapore based corporation 11 recently acquired an office space in Taipei, Taiwan 11 which exceeds our needs. We are keen to share this J 1 I office with any companies interested in having an §1 office or to maintain a rep office
      244 words
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      Page 20 Advertisements Column 2
      257 20 THK COMPANIKS ACT, CAP. MlNti KWOV. ITK I.TI) At an Kxtraordlnary General Meeting of MING KWONG PTE I.TI) duly convened and held on the 18 January. 1991 the following special resolution was passed: SPKCIAI. NKKOI.UTION That the company be wound up voluntarily pursuant to Section 290 (l)b of the Companies
      257 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Rebound on Thursday helps offset earlier losses
      1070 21 MBT SHARE PRICES on the Kuala Lumpur stock market closed higher last week, thanks to the outbreak of war in the Gulf on Thursday. Instead of selling, investors returned in hordes to pick up bargains, resulting in across-the-board advances on that day. Before
      MBT  -  1,070 words
    • Article
      Untitled
      3157 21 1990 I-ast Vol Wttk Net Cap High Low Company Sale *000 High Low P/K Smil INDUSTRIALS 188 170 AISB 50* 179 4 195 188 170 43.7 183.6 342 316 ASM 50« 330 4 1337 334 316 29.5 1354.6 296 280 Acidchem 288 3 144 292 280 123.8 255 250 Ajinomoto
      3,157 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      191 22 \V to suv s ~~^^oo~ iUfl Z« r^s^s** a,bB is w ts ptop o**0** w bC U -potent* v>t* s e H° wC te o< e ol vU e *gU d fin**' < the G, tW 1 e itom 0 ,rtpetce« l ceo* f d° O ,W c4 t «i^
      191 words
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  • WORLD STOCK MARKETS
    • Dow up 23 points in headline-driven market
      • Article, Illustration
        NEW YORK
        1011 23 WALL STREET on Friday followed Thursday's frenzied rally with further gains, boosted by continued optimism that the Gulf war could end soon, lower oil and buying related to options and futures expirations. Shares managed to shrug off slight early losses after prompted by news that Iraq had fired
        1,011 words
      • Article, Illustration
        LONDON
        908 23 UK SHARES ended a fraction weaker in nervous trading on Friday on fears the war in the Gulf could become messy and protracted. Dealers fear further Iraqi missile attacks on Israel, which could prompt retaliation and endanger the cohesion of the international alliance against Iraq. Equity analysts said Thursday's
        908 words
      • Article
        AMSTERDAM
        289 23 DUTCH shares ended a volatile session mixed on Friday after Gulf rumours and the expiry of January options rocked the market, traders said. "Today's rumour-driven market was very sensitive to the options' expiry, which made it very jittery," a trader said. The CBS tendency index ended unchanged at 79.0
        289 words
      • Article
        BRUSSELS
        152 23 BELGIAN shares eased on profit-taking and the absence of institutional buying as the euphoria eased about apparent early success by Allied forces in the Gulf war, traders said. The main Brussels forward market index closed down 0.9 per cent to 4838.93, in contrast to its 6.2 per cent leap
        152 words
      • Article
        MILAN
        170 23 ITALIAN shares closed lower on Friday on growing fears that the Gulf war may not end quickly, and volume was seen sharply lower from Thursday's heavy 238 billion lire, dealers said. "The buying wave sparked by the hypothesis of a quick war ended," one broker commented. "Investors were lightening
        170 words
      • Article
        PARIS
        124 23 FRENCH shares ended slightly lower on Friday, erasing nearly all their losses in late trading on a news report that Israel will not retaliate against Iraq unless attacked again, traders said. After trading lower throughout the session, touching a-low of 1,540.89, the CAC-40 ended at 1,560.27, down 0.20 points
        124 words
      • Article
        FRANKFURT
        236 23 IRAQ'S attack on Israel knocked the edge oft" German shares' strong Thursday gains, but the limited scale of the attack meant the news did not provoke the sell-off some operators feared at the end of a volatile week. The 30-share DAX index ended 17.61 points lower at 1,405.06 after
        236 words
      • Article
        TORONTO
        301 23 A LATE fall in oil prices and some buying spurred by the expiration of futures and options in the US sent Toronto stocks rebounding to close mixed on Friday, dealers said. Enthusiasm over the UN forces' success in the Gulf war eased from Thursday, they added. The composite index
        301 words
      • Article
        JOHANNESBURG
        414 23 JOHANNESBURG share prices drifted lower in quiet trading on Friday afternoon as uncertain traders moved to the sidelines to await weekend developments in the Gulf war. Dealers said gold shares closed mixed in steadier conditions after Thursday's severe battering on dramatic declines in world oil and bullion prices. A
        414 words
      • Article
        Lock icon ZURICH
        268 23 Reuter SWISS share prices closed slightly lower in moderate trading as investors were unwilling to take new positions after news of an Iraqi missile attack on Israel clouded the hopes of a fast allied victory in the Gulf war. The All-Share SPI index, which jumped 5.05 per cent on
        Reuter  -  268 words
      • Article
        Untitled
        81 23 Jan 18 floae Previous NEW YORK Dow Jones 2,646.78 2.623.51 +23.27 NYSE Financial 121.99 120.66 +1.33 SAP 500 332.23 327.97 +4.26 Turnover (million) 226 318.9 -92.9 LONDON Financial Times 30 1,654.9 1,649.6 5.3 FTSE 100 2.102.7 2,104.6 -1.9 Turnover (million) 345.6 561.6 -216.0 AMSTERDAM CBS Tendency Inde* 79.0 79.0 unch
        81 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback ends sharply lower
      411 24 NEW YORK Reuter THE US DOLLAR closed sharply lower against most major currencies on Friday, driven by stop-loss selling which took it through technical support levels. The indications of early success for the US-allies fighting to drive Iraq out of Kuwait triggered the dollar's descent earlier
      Reuter  -  411 words
    • Article
      Lock icon US dollar see-saws with Gulf events
      784 24 ASIAN CURRENCIES AFP THE US DOLLAR fluctuated wildly against major Asian currencies last week, as events in the Gulf dictated buying trends. Substantial gains made by the greenback following the first USled strike on Iraq eroded amid signs of a brief war. But the
      AFP  -  784 words
    • Article
      INTERBANK FOREX RATES
      395 24 Cross rates Jan 19 US$ SS MS Dm Yen SFr AS NZS USS 1.7410 2.7215 1.4995 132.50 0.5136 1.2590 1.2837 1.6807 SS 0.5744 1.5632 0.8613 0.7611 0.2950 0.7231 0.7373 0.9653 MS 0.3674 63.97 0.5510 0.4869 ***** 0.4626 0.4717 0.6176 Dm 0.6669 1.1611 1.8149 88 36 0.3425 0.8396
      395 words
    • Article
      MONEY MARKET
      544 24 Interbank rates S$ Bid Offer Overnight 4 4 1/8 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 US$ High I"** 7 days 7 9/16 7 1/16 1 month 7 5/8 7 5/16 2 months 7 5/8 7 3/8
      544 words
    • Article, Illustration
      Lock icon Hard ECU plan may be basis of full union: UK
      260 24 Reuter BRITAIN'S proposals for a hard ECU administered by a European Monetary Fund could eventually form the basis of full economic and monetary union, said Bank of England Governor Robin Leigh-Pemberton. "Our proposals should be attractive to those keen to
      Reuter  -  260 words
    • Article
      Lock icon Canadian bank's rate cut comes in wake of cheaper call loans
      433 24 Reuter THE Bank of Montreal's prime rate cut to 12.25 per cent from 12.50 per cent was foreshadowed by the Bank of Canada's easing of overnight call loan rate last week and other banks should soon follow suit, traders
      Reuter  -  433 words
    • Article
      Gold likely to test support level
      444 24 GOLD FINANCIAL FUTURES REPORT WAR broke out in the Arabian Gulf on Thursday morning local time and spot gold spiked instantly to the week's high of U*****.25/ U*****.25. The spread widened to US$3.OO per trade and this quickly tamed overenthusiastic bulls. However, hopes for
      444 words
    • Article
      FINANCIAL FUTURES
      302 24 IMM Jan 18 dcutschemabk Open High Low Sett Vol Op/lnt Mar 91 0.6578 0.6673 0.6578 0.6670 41,750 54,610 Jun 91 0.6543 0.6635 0.6543 0.6633 EURODOLLAR Open High Low Sett Vol Op/lnt Mar 91 92 66 92.78 92 66 92.77 158,170 619.929 Jun 91 92.79 92.90 92.79 92.89 JAFAflESE
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    • Article
      PRIME LENDING RATES
      401 24 ■ANNS ABN Bank 8 Allied Irish Bank PLC 8% American Express Bank 8'/« Am'Dam R'terdam Bank 8 Arab Banking Corp 8'/« Arab Bank PLC 7V 4 ANZ Banking Group 8Vi 7V« Banca Commerciale 8V« 8 8 Bank Bumiputra 8*6 8 Bank of America 7V« Bank of China
      401 words
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  • COMMODITIES
    • Article
      Lock icon Opec unlikely to make imminent oil cutbacks
      413 25 AP OPEC has yet to react to the outbreak of hostilities in the Gulf. But while oil prices have dropped sharply, analysts predicted the cartel is unlikely to curb its gushing output soon. "I don't think anybody is going to cut back until
      AP  -  413 words
    • Article
      Lock icon Soviet turmoil worries French cereal exporters
      301 25 Reuter WAR in the Gulf will have only a limited impact on the French cereals market, which is far more concerned about turmoil in the Soviet Union, traders said. Most French grain is going to the Soviet Union and not the Gulf, they said.
      Reuter  -  301 words
    • Article
      Lock icon Outbreak of war brings relief to markets
      897 25 REPORTS AFP THE LAUNCHING of the Desert Storm operation was welcomed with relief last week by commodity markets, its success convincing traders that the allied forces would win a rapid victory. The Thursday night Iraqi attack on Israel then dampened euphoria. Brent crude
      AFP  -  897 words
  • Article
    PRICES
    1174 25 Rubber US (h» H») S cents/kg Int 1 RSS Close Jan 14 151.25 Jan 15 154.00 Jan 16 154.50 Jan 17 152.50 Jan 18.... 152.00 KWtlJ (t* In Wm) M cents/kg Int 1 RSS Close Jan 14 236.00 Jan 15 238.50 Jan 16 238.50 Jan 17 237.50 Jan 18
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  • Article
    $450 m more for PCS complex
    478 26  -  Proposed downstream projects would bring investment to USs2b By Lilian Ang TWO key downstream operators in the Pulau Ayer Merbau petrochemical complex are planning to invest some US$45O million in new projects to link up with a second complex now under study by the
    478 words
  • Article
    Lock icon Japanese wholesalers accept oil shuttle proposals
    202 26 AFP IRAN'S national oil company and the Qatar government have made arrangements with two major Japanese oil distributors to shuttle oil to Japanese tankers near the Gulf war zone, company officials said on Saturday. Officials of Showa Shell Sekiyu KK, a leading Japanese oil
    AFP  -  202 words
  • Article, Illustration
    Lock icon Tokyo to offer US$ 6b – US$ 10b more aid
    236 26 Tokyo to offer US$ 6b US$ 10b more aid The Gulf War Agencies JAPAN is planning to offer US$6 billion to US$lO billion in additional aid to multinational forces fighting Iraq. Quoting government sources, Japanese news agency Jiji Press said last Saturday that the aid would be "at least US$6
    Agencies  -  236 words
  • Article
    Lock icon Japan's firms take steps to cope with war
    136 26 NYT IN EFFORTS to minimise the impact of the Gulf War on their business activities, Japanese companies are taking precautionary measures such as cancelling business trips to foreign countries and holding off new shipments to the Middle East. While firms involved in
    NYT  -  136 words
  • Article
    Lock icon Saudi sanction for holy war against Saddam
    203 26 NYT SAUDI ARABIA'S highest religious authority has issued a decree sanctioning a holy war against Iraqi leader Saddam Hussein by all Muslims and "those assisting them" to evict his forces from Kuwait. The fatwa, or religious decree, authorising the jihad, or holy war,
    NYT  -  203 words
  • Article
    Lock icon Weakening economy narrows US trade deficit
    378 26 NYT THE US trade deficit fell 12 per cent in November, to US$9.7 billion, the Commerce Department reported on Friday, as the weakening economy dampened demand for oil and other imports. Even though oil prices were still rising during the month, the nation's petroleum
    NYT  -  378 words
  • Article
    Lock icon Why Soviet reform failed: Petrakov
    164 26 Reuter ECONOMIST Nikolai Petrakov says Moscow's bid for free market reform failed because of "unrestrained populism" and a rouble overload in the economy. In an interview published last Saturday, Mr Petrakov confirmed he had quit as economic adviser to Soviet President Mikhail Gorbachev. Interviewed by
    Reuter  -  164 words
  • Article
    Lock icon Americans, Soviets try to reach accord on arms
    364 26 AP SOVIET and US negotiators will make a final effort to agree on a treaty reducing stockpiles of long-range nuclear weapons. The pact is to be signed at a Moscow summit next month if US-Soviet relations aren't further strained. The Soviets will
    AP  -  364 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      286 26 Pl^geT /twum /iv imim-im imns m genOve The Chartered Institute of Marketing Diploma In Marketing A British Marketing Qualification For Senior Managers A Special Intensive Programme (29 March to 7 April 1991) Applications are invited from senior managers who wish to acquire an internationally recognised professional qualification, the Diploma in
      286 words
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      Page 26 Advertisements Column 2
      90 26 PiageT miujm en imurww, imjts m GFMVK ————I jr. > t. buhie The Soul Cages bod}' lies open in the fisherman's \ard Like the side of a ship where the iceberg rips One less soul in the soul cages One last curse on the fisherman's lips The Wailing Is Finally
      90 words
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  • Shipping Times
    • Article
      TWRA members raise bunker surcharge
      336 27 SHIPMENTS to North America will cost slightly more from next month when members of the Trans-pacific Westbound Rate Agreement (TWRA) raise their bunker surcharges. "Amidst uncertainty following the outbreak of fighting in the Gulf, TWRA lines held to their surcharge formula and adopted only a
      336 words
    • Article
      Lock icon Foreign airlines told they cannot refuel in India
      264 27 Reuter INDIA has told foreign airlines they cannot refuel in the country and has slashed allocations of aviation fuel for its own planes. Civil Aviation Minister Harmohan Dhawan said on Friday. Foreign planes will be allowed to land at Indian airports hut
      Reuter  -  264 words
    • Article
      Lock icon Two ways to fly Australian routes at a discount
      203 27 NYT DEREGULATION of Australia's airlines has meant lower tares on selected routes, but the major carriers, Australian and Ansett, say visitors from the United States save almost as much by reserving flights in Australia when purchasing their international ticket before leaving
      NYT  -  203 words
    • Article
      Jappercon to double Gulf surcharges
      381 27  -  By Selva Kumar A MAJOR shipping conference with nine lines plying between the Far East and the Gulf has decided to double its war risk and bunker surcharges. From Wednesday the Ja-pan-Asian Gulf Conference (Jappercon) will impose a temporary additional risk surcharge (TARS) of US$5OO
      381 words
    • Article, Illustration
      Lock icon Iran to shuttle crude exports halfway down the Gulf
      524 27 Reuter SAUDI ARABIA'S main Gulf oil terminals remained open on Friday to load vital crude and refined products, and shipping in the waterway was not disrupted, oil industry and shipping sources said. Oil executives said another big Gulf oil producer, Iran,
      Reuter  -  524 words
    • Article
      Folec to distribute digital phone system
      169 27 FOLEC Communications, an associate company of Steamers Maritime Holdings, has clinched the exclusive distributorship for Northen Telecom's new digital telephone system. In a statement last week, Toronto-based Northern Telecom said its latest system, which offers sophisticated large PBX and ISDN-like features, should become the
      169 words
    • Article
      Lock icon A third of tanker fleet on long-term charter
      177 27 Lloyd's List ONE-THIRD of the world tanker fleet is engaged on long-term charter, following extensive period charter activity in 1990. London broker Howard Houlder Partners Ltd calculates that in 1990, a total of 31.7 million tonnes deadweight was fixed for periods of
      Lloyd's List  -  177 words
    • NEWS SUMMARY
      • Article
        Penang TA saga continues
        34 27 Selva Kumar looks at the unresolved dispute between the FASC and the FEFC over the Penang Transport Additional which has dragged on for more than a year now Page 2
        34 words
      • Article
        Call for investigation of bulk carrier losses
        68 27 THE International Organisation (IMO) has called for member nations to investigate the recent rash of losses of bulk carriers. At a meeting of the IMO containers and cargoes sub-committee one of the technical bodies which acts as a custodian of the IMO bulk
        68 words
      • Article
        Delivery of Monarch delayed
        59 27 DELIVERY of the world's largest cruise ship, the 2,766passenger Monarch of the Seas, will be delayed until November because of damage by fire last month in the French shipyard where she is being built. The ship ordered by the Royal Caribbean Cruise Line was to have
        59 words
      • Article
        Business booms for airline security firm
        64 27 ARIK A RAD has not slept in 48 hours. He runs US operations for the company that has spread the security system of El Al, the Israeli airline, to airlines throughout the world. With war threatening in the Middle East, the company. International Consultants
        64 words
    • LOG BOOK
      • Article
        Carriers Denise and Amoroso sold
        56 28 SECOND-HAND tonnage brokers reported the sale of the Denise, bulk carrier of 19,344 tonnes dw and built in 1971, to undisclosed interests for about US$l.35 million. UK buyers are said to have paid in excess of US$6 million for the car carrier Amoroso, of 3,545
        56 words
      • Article
        Foreign ship orders unchanged
        52 28 FOREIGN SHIP orders received by Japanese yards in December were unchanged from November at four vessels but rose in tonnage terms to 247,300 gross registered tons (grt) from 145,900 grt, the Japan Ship Exporters' Association (JSEA) said. This compares with 18 ships of 813,600 grt in
        52 words
      • Article
        UAL to continue Tokyo service
        63 28 UAL CORP said the US Department of Transportation and Japanese officials reached an interim agreement on its Chicago-Tokyo route that will allow the carrier to continue service until March 2. UAL spokesman Joe Hopkins said the agreement was reached overnight and that US and Japanese
        63 words
      • Article
        Attack on PanAm offices
        65 28 AN UNIDENTIFIED man, saying he spoke on behalf of the extremist Popular Front for the Liberation of Palestine on Wednesday claimed responsibility for a Firebomb attack on PanAm's Turin offices, ANSA news agency reported. The man made the claim in fluent Italian in a telephone call
        65 words
      • Article
        Alcatel wins Olympics deal
        65 28 ALCATEL Cable, a unit of French telecommunications equipment maker Alcatel NV, said it had won contracts to supply the Albertville Winter Olympics and Euro Disneyland with cables and transmission equipment. Alcatel Cable will supply and install fibre optic equipment needed to transmit broadcasts of ski races
        65 words
      • Article
        Boosting Ford sales in Sarawak
        65 28 FORD Concessionaires Sdn Bhd (fc) hopes to increase the sale of Ford vehicles in Sarawak by 50 per cent to more than 300 units this year. The company said it would be able to enhance the sale of Ford vehicles in Sarawak when the company
        65 words
      • Article
        Airline unions end strike
        75 28 AIRLINE unions ended a pay strike which had crippled the Romanian state airline Tarom and forced it to suspend all flights for the past month, the state news agency Rompres said. The agency said the strike was called off after talks between unions and the Transport
        75 words
    • Article, Illustration
      Penang TA saga continues
      1322 28  -  Selva Kumar looks at the unresolved dispute between the FASC and the FEpC over the Penang Transport Additional which has dragged on for more than a year now Selva Kumar The tug-of-WAR between the Federation of Asean Shippers' Council (FASC) and the Far Eastern Freight Conference
      1,322 words
    • Article
      COCKETT BUNKER MARKET REPORT
      762 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      762 words
    • Article
      THE SHIPPING GUIDE
      11840 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      11,840 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        528 43 wm Voy No Bartti AnM Departure i Vessel Voy No Berth Arrival Depertire Itoppd Wh Baiyinshan arm 1/91 K32 alongside alongside 23.01/1500 Sembewani I 1/91 S05 alongside 2401/2300 Catamarca 2 36EB CIO 21.01/2300 Arab Bree« 57 S01 2001/2230 2101/0200 Sg Of Flower *****1 (P K29 alongside 2101/2300
        528 words
      • Article
        CONTAINER SCHEDULE
        1260 43 RECEIVING OF EXPORT Fa COWTMNERS fM 1ft CABCO |.j. KiCOfu tXXJWnf/MHnCf WTO SNp Voy No Etb/Btr Pwtod From To Fran ACX Lotus 88 22/1500 1 20/1500 20/1659 20/1900 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 M Staimah 76 22/1800 1 20/1500 20/1659 20/1900 3 21/0700 21/1159 21/1400
        1,260 words
      • Article
        IN MALAYSIAN PORTS
        266 43 ratling Port Berth h Butterworth on Jan 19: 1: C Eregli; 2: Malayan Success. Bangkhunprom; 3: ml; 4: Sea Leopard: 5: Uni Spring; 6: ml. Parang Wharf: NB: ml; CB: Bintang Mekar; S8: ml. BCT: Bl: Meres; BN: San Ward 11; l/B: ml. VOIP: ml. Due on
        266 words
    • Article
      DAILY FREIGHTS
      925 43 CHARTERING on the dry cargo freight market remained quiet on Thursday with rates steady to Firmer especially in the timecharter sector, brokers said. The Baltic Freight Index was unchanged at 1,443. The US Gulf to Continent sub-in-dex was also unchanged at U5514.94 basis light grain. The key US
      925 words
    • Article
      Lock icon Call for investigation of bulk carrier losses
      311 44 Lloyd's List THE International Organisation (IMO) has called for member nations to investigate the recent rash of losses of bulk carriers. At a meeting of the IMO containers and cargoes subcommittee one of the technical bodies which acts as a custodian of the
      Lloyd's List  -  311 words
    • Article
      Lock icon Business booms for airline security firm
      503 44 NYT ARIK ARAD has not slept in 48 hours. He runs US operations for the company that has spread the security system of F.I Al, the Israeli airline, to airlines throughout the world. With war threatening in the Middle East, the compa-ny,-International Consultants on
      NYT  -  503 words
    • Article
      Lock icon Delivery of Monarch delayed
      399 44 Lloyd's List DELIVERY of the world's largest cruise ship, the 2,766passenger Monarch of the Seas, will be delayed until November because of damage by fire last month in the French shipyard where she is being built. The ship ordered by the Royal Caribbean Cruise Line was
      Lloyd's List  -  399 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      182 27 j j onagers /l/lust r lanage BT shows you how every Monday. Cockett Report 2 Container Schedule 17 Daily Freights 17 index to Advertisers 3 Shipping Gwde 10.11 Ships in Port 17 Singapore Tides 17 Weather and Sea Conditions 17 For other reasons, inyour subscription now. i in i iii
      182 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      89 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS A Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1914 29 JAROINE SHIPPING AGENCIES AmVIVa 200 Cantonment Road #12 05 Southpoint, Singapore 0208 All If# Tel *****11 TELEX NO RS ***** WtfWVmm TERMINAL, CFS Tel *****18 220 PMMflyl BOOKINGS Tel *****34 258 L vQPOf J °ESAKA JAROINE SHIPPING AGENCIES SON BHO PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** BBBH PENANG TEL
      1,914 words
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      Page 29 Advertisements Column 2
      1287 29 INDEX' TO ADVERTISERS Page Col Cd I r Lloyd Tries! ino 4 1/2 _A J Lucky Seawa> 15 3 ABC Containerlinc 13 5 Lykes Lines Accord Group 8 1-3 i— ~ia AFS 15 1 1 Ahrenkicl Liner 16 3 Mac-Nels Agencies 14 1/2 Albatros Sea-Air 14 3 M acoline 18
      1,287 words
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      Page 29 Advertisements Column 3
      2295 29 mmmsnassM NEXT SAILING TO U.S.A. METTE MAERSK V.9102 ETA SIN 22/1/91 Vessel Voy ETA I ETO "Port "Penang 1 DESTINATIONS Singapore Ketang Thts «efk Metie MM'Sk 9107 Feeder by 22' i oeoo mrs ferco IHH HHI HHI HI HIH HI HH HHI CFS ?i,i73s»nns M liuro OAK LGB HOU MEM
      2,295 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1147 30 ROTTERDAM/ VOY NO SPOHfcJp KELANG SOUTHAMPTON HAMBURG HHEMERHAVEN ANTWERP LE HAVRE BENAVON 98/508 22M I 8/2 Jo' 2 ]3'2 MONTE ROSA 11/507 24 1 18/2 |2'2 2 KASUGA 13/511 271 13/2 J|'2 BREMEN EXPRESS 01/510 31/1 25/2 19/2 '8 2 LIVERPOOi BAY 03/514 3/2 20/2 23/2 25/2 KATSURAGI 04/513 7/2
      1,147 words
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      Page 30 Advertisements Column 2
      448 30 The Direct South American Service M "L.J. Bontang" V 3 V.1802E8 ETA: 27/1 j too j; ANF I vap V SAN ANTONIO 7/3___V^MMBll Agents: [zfW?}AGOO SINGAPORE: *****56 I I'KSAKA JAROINK MSIA SSi? J new guinea 1 I SPORE I CHEFOO V.3S 2/2 POM/HON/NORO/ TAMAITAI SAMOA V.24S 7/2 POM/RAB/KBE/ NINGHAI V.3S
      448 words
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      Page 30 Advertisements Column 3
      1069 30 RaH9BABM &sms REGULAR INDEPENDENT FULL CONTAINER SERVICE EMERGENCY WAR SURCHARGE NOTIFICATION ALL CLIENTS ARE INFORMED THAT WITH EFFECT FROM NORASIA MUBARAK V 9046-3, THERE WILL BE A EMERGENCY WAR SURCHARGE OF US$3OO PER TEU, UNTIL FURTHER NOTICE. GENERAL AGENTS: mmt Kit?* i NORASIA AGENCIES ISI PTE LTD LTD cemerlang shipping
      1,069 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1777 31 zzjgSteamers Maritime IfoJdingsTtdj ■TWSTRAITS SHIPPING! ■Mk **Vr Singapore U Briwl. Emi Malaysia. I Containers Ik hi I *>» Ho PKlar,| S I*l e S'ior. H'Sotf B'-avwi R',!<im Let arriPTS DUE SAILS I BINAVON «.WI ♦8AR!?0I t* 02 IMB 1?« «/-n I monte nos* r. w 74.01 no? do? 1102 i;a?
      1,777 words
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      Page 31 Advertisements Column 2
      1558 31 ro: U.S.A. FM: U.S.A. SP OAH l(*8 Cil '06 SAW NOW NTC nvr phi mab ctu iay CRI iGB OAK SP IMOtAMG CHANGE Cf 10S Ojl I*2 1//2 IV M 1/1 VI Ifl .apaim *A 10S El El »1 ?11 k 1 47 M *2 rouro SINATOP £r 1* »1
      1,558 words
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      Page 31 Advertisements Column 3
      449 31 I STRUTS/ JAPAN/ STRAITS SERVICE I I SPECIALIST IN RO-RO HEAVY LIFTS I I VESSEL SEKI COSMIC ORANGE ORANGE I I PINE PIONEER OCEAN MOON I VOY NO 25 11 95 9 I I S pore 26/1 25/1 27/1 30/1 I I P Kelang 27/1 28;1 1/2 I I NOTE
      449 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      712 32 Hi CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSt.VOY TPORE RDAM ADAM H BURG BREMEN ANTWERP MA TAR AM, 28MB 30/1 8/3 13,3 16/3 20/3 TRIAS UNITY OCWB 4/3 6,4 12/4 17/4 21/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject lo Inducement. Also accepting cargo to Casablanca. Port Said.
      712 words
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      Page 32 Advertisements Column 2
      1088 32 @11 ift I HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S port LEH RT* ANR MA* BRV FEL HANJIN OAKLAND OUE 21/1 DIRECT 11/2 U/2 HAN JIN lONGHAE (MOW 271 H2 15.2 16/2 16,2 18/2 19 2 CHOYANC GLORY 002E 2»1 H WHANC lOtt 11/2 m HANJIN FELIXSTOWE
      1,088 words
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      Page 32 Advertisements Column 3
      1421 32 dl -1H PKI SGP HKC KSC KIG PUS HKT OSK NCY SHU TYO LAX CHS BAL NYC LHV AW* ROM THP HBG PSD CMS PKL SCP I GENTU RE OM 21/1 »1 Ml »i 301 1 2 2.2 3'2 4,2 IV2 17/2 I' 3 2,3 12/3 131 14/3 I*3 17/3
      1,421 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1683 33 NEPTUNE AGENCIES PTE LTD SINIiArUKt itL: uvnii nu: izjw/«uaajl) > BOOKINGS: i UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48\ TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 k! P (O3) E *****3^ H p D Kelang-(03)
      1,683 words
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      Page 33 Advertisements Column 2
      1122 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VOTAGt |SPO«f |WtH H«OWC~ VOTACE SEP HE PHLANC HBURC S HAVEN TILBURT
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1613 34 I BK LINE KAWASAKI KISLN RAISHA. LTD. j] EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST j FEEDER VESSEL VOY -INOO *P* PNG SGP MOTHER VESSEL VOY LB OAK CHI NYC L Y °f? LSOSS HONS GATE BRIDGE U 2*l .'4 1 261 BROOKLYN BRIDGE 17 l/ff 20
      1,613 words
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      Page 34 Advertisements Column 2
      1358 34 PHIII-OMCNT UN€5 PT€ LTD 108 ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE Oih f TEL *****22/*****69 *****00 TELEX RS ***** PHILI FAX <>R5€76/*****38 1 f* jj# BY AIR. LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION fejihlJ 26 JAN MONTREAL, OTTAWA, TORONTO.
      1,358 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      1485 35 SS3S mj/rn pacific international lines (PTE) ltd Mmkl PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA I I BANGKOK I VESSEL VOV SIN JUT SIN VESSEL VOV SIN BKK SIN EDEN 9103 21/1 23(1 27/1 SEA GLORY 9103 24/1 27/1 31/1 EDEN 9104 27/1 29/1 2/2 MAI HUI 9103
      1,485 words
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      Page 35 Advertisements Column 2
      1125 35 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VOY SPORE PKLANG SHAMPTON| HAMBURG BHAVEN R OAM LHAVRE BenavonT 98/508 2271 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 35 Advertisements Column 3
      345 35 mm, MYANMA Ipißk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI66W mPt 2 *,26 jf„ LOIKAN VI6BW 23/2* Jan HPA AN VIS9W 27/29 Jan PINYA VII3W 22/23 Jan PATMIEN VIO9W i/12 Feb 4/S Feb THE BANK LINE (A service of Andrew Weir
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      897 38 INFSIV INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANI HBG MICKLENBURC WMIOS 25,1 23/2 72/2 2S/2 2*12 20i2 PANAMA SEN WFIOS »1 2«/2 2212 21/2 2S/2 EUROPEAN SEN WFIO/ 5/2 »/3 2/3 2»)2 lftJ BRANOENBURG *MlO6 S/2 6/3 S/3 >13 W TO EAST
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      Page 38 Advertisements Column 2
      1070 38 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 20/01 ft 02/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 25/01 A 1/02 MANILA 26/01 4 2/02 F>£NANG 25/01 1/02 BUSAN 26/01 2/02 BANGKOK 25/01 29/01 TOKYO 24/01 31/01 HONG KONG 27/01
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      Page 38 Advertisements Column 3
      265 38 XWtUtBH;T:Mmi;IiHL'H H LOAOINC FOR VESSEL SPORE CBO DSN BAIRES MVIKO *10 STS WIT PAGUA KOSIWftNt 1/1 M UK OPT V «5012 DISCHARGING f M BRAZIL VESSEL SPORE MUG «Wl KEE »of< mo K0« hostween V »1»1 1 Hi 11(1 I*l 2»1 Regular BBulk and Container Service Direct to Turkey, Red
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      Page 38 Advertisements Column 4
      1294 38 W CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TFI fx T r L s SiTcosMiP 2. MISTRI ROAD. HMC BUILDING !t FAX *****66 #15-00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0K1 FWO»r EUROPE VESSEL VOY SOP FIX ROT HAM AWT OK* VtSStL/VOY FLX ROT HAM ANT WW SGP BEAUTY
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      Page 39 Advertisements Column 1
      831 39 NIHON-ASIA CR *****8400Q0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA All IPI IKslns 25/1, 1/2 j j EUROPE all Ports 26/1, 2/2 BANGKOK 23/1, 27/1 HONC.KONCi/CIUNA 2fi/l, 29/1 SYI), MEL, ADEL, RRIS 24/1, 28/1 EREMANTLE 25/1, 1/2 MANILA 25/1, 1/2 PKLtI/PENANG 25/1, 2/1 Port Kelang Branch Tel: *****21/2/3 Fax:
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      Page 39 Advertisements Column 2
      287 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) Q FAX: *****15/*****03 1 TELEX: RS ***** RISHIP (3 Lines) j \jsf\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) a ACCEPTING FCL AND CONVENTIONAL VESSFI VOY ETA ItOADING FOfl SPO«E ABBAT iflON/ 7/VYB 5.02 DARESSAL AAM MOMBASA DJIBOUTI ASSAB MASSAWA NE
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      Page 39 Advertisements Column 3
      783 39 MASKAPAI PELAYARAN P«PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN TANAH
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      Page 39 Advertisements Column 4
      589 39 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL |vOY S PORE CEBU MANILA MAHA BHUM* 43N_ Mon In Pt Thur 24/1 SO STAR 04A 24/1 30/1 1/2 NANTA BHUM 25N_ Wed 23/1 Sat 26/1 KITI BHUM OSB 31/1 6/2 8/2 JENLINK Fri 25/1 Mon 28/1 SD STAR 06A 7/2 13/2 15/2
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      Page 39 Advertisements Column 5
      412 39 TO AUSTRALIA/NEW ZEALAND RTSL EiU [Tiw E!b Is* liuci [NPE |P CHAUI E HUOIG 264* 1/2 ia 14(2 U2 23/2 2W 5/2 BRUSSEL 2M vii 24f2 1/3 *3 1M 13(3 C VEROLME 2M ~3/3 100 IV3 263 ?V3 273 300 ANTWERPEN 2W VH SI »3 14 il "ii»4 Iw 7
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      Page 40 Advertisements Column 1
      1201 40 A MAC-NELS SINGAPORE EXPORT TEL *****22 IMPORT TEL *****02 TEL (04) *****6 |KK TEL (088) *****0, TAWAU TEL (089) *****9 I lip KELANG TEL (03) *****/7 IkuCHING TEL (082) *****31 SKAN TEL (089)*****2 l~K"~/\~ J J BAHRU TEL (07)*****2 IsißU TEL (084 *****2' LABUAN TEL (087) *****9 TEL (21) *****32
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      Page 40 Advertisements Column 2
      426 40 BLUE STAR LINE llliy^^ r SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON. BLUFF. CHRISTCHURCH. DUNEDIN. LYTTELTON, INVERCARGIL. FIJI AND TAHITI SIN N PLY AUCK LYT PREMIER 10$ 31 Jin 15 Feb Via NPI
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      Page 40 Advertisements Column 3
      1042 40 /SSI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT ETA ToEST VESSEL IWT I ETA BEST KIM SOON LI 03/91E 24 JAN PENANG
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      Page 41 Advertisements Column 1
      946 41 XSxv COMPANIA PERUANA OE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msia THOMASEVERETT 29(30 Jan 31 Jan/01 Feb KARABIEVERETT 02/04 Feb 06/07 Feb ROSEEVERETT 13/15 Feb 16/18 Feb 19/21
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      Page 41 Advertisements Column 2
      519 41 HSL Ivoy Is PORE Imainliner [lax [kst Isav Iwyc [hfx ZIM YOKOHAMA I 4€ 25.1 .'iM AMERICA I*2 'it 2 13 V 3 M A VESSEL 301 ZIM HONGKONG 3(3 11 3 14,3 17 3 1%3 ZIM OSAKA 1U 4,2 ZIM HONGKONG *3 11/3 14 3 17/1 1«3 A VESSEL
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      Page 41 Advertisements Column 3
      701 41 SING KWANG HANG SHIPPING ft TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE [vessel [spore I JAKARTA SURABAYA MEKHANIK KURAKO V 44N 24/1 27/ I I EQUATOR JOY V 11N 125/1 128/1 VESSEL S PORE BANGKOK A VESSEL 23/1 26/ I A VESSEL 25/1 26/1 DESTINATIONS ETA SINGAPORE PORT KELANG 25 JAN
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      Page 41 Advertisements Column 4
      588 41 A PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE TIA 139 A 24/01 27/01 PELOPOR 972 26/01 29/0t PRASETIA 14IA 31/01 03/01 PELOPOR 973 02/02 06/0? TAN TO UTAMA 135 20/01 23/01 TANTO UTAMA 137 25/01 28/01 TANTO UTAMA 139
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      Page 41 Advertisements Column 5
      400 41 S!H PAW EAST 27/1 KEELUNG/KAOHSIUNG 26/1 BANGKOK 22/1 MANILA/CEBU 26/1 JAKARTA/BELAWAN/SURABAYA 26/1 PORT KELANG/PENANG/E. Malaysia 29/1 BUSAN 27/1 TOKYO/YOKO/KOBE/NGO/OSA 29/1 HONG KONG also accepting cargo to Huangpu Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SJN EUMPE/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. «N USA/CANADA 24/1 LOS ANGELES/NEW YORK ail IPI
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      Page 42 Advertisements Column 1
      579 42 GB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAMER/LCL/BREAKRULK SERVICE "ANK6" SERVICE )AK SPC TWIUE V2ISB 30(1 Vi 11/2 I*2 l 2 MB LAI CARGO TSHIP SAN iUAN POM BUNKER SURCHARGE EFFECTIVE VI9SB TEU USO 53.50 B/BULK USD 5.00 LCL USD 350 SUBJECT REVIEW bookings accepted for east kalwwatan
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      Page 42 Advertisements Column 2
      908 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE GM 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 21/2/91 BM.T VOICW9I 8/2/91 3/3/91 4/3/91 8/3/91 V V V 26 90W 10/2/91 9/3/91 27/2/91 4/3/91 At SO
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      Page 42 Advertisements Column 3
      1109 42 CUJI con -UJHV inTEßmODftl\ i J"LCL/FCL SERVICE FROM f jf H B f £tf//operate* over 600 termln»l»/offlce» in U.S.A. I I I (flnB) KtL m CUM maintaiM ovw 35,000 tractor* A truck*. V I I IZmL M ntltt MTV— ovf 60.000 polnte in U.S.A ■Jp figM <|fl KBa CUflofferreliableLCl/FCL•enrto*». General
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      414 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOWBIMOIMO2NO3NO4NOSMONO 07NIM0MN10N11N12M1JN14M15N1M817M18NUN2MI21N22N23N JR 17 23 25 2.6 2.4 20 16 12 09 0.9 1.1 1.5 2.1 2.7 29 29 16 2.1 1.4 09 07 05 06 03 Pf 19 24 2.7 2.7 2.5 2.1 16 1.2 09 09 1.1 1.5 2.1 Z1
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      Page 44 Advertisements Column 1
      383 44 EE KWANG CHUN TRADING ENTERPRISE I For »nquir«s 468-3000 MIITON PT. PELAYARAN. SftMUORA AGUNB KUALA SIAK IV 21/1 BATU AMPAR/SEKUPANG/BATAM KUAL. SIAK V 25/1 |*^APAN^MABINOA 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan We specialise in project
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      Page 44 Advertisements Column 2
      674 44 ZHYUNDAII MERCHANT MARIE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK S£A CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI INNOVATOR ME 23/1 31/1 18/2 21/2 24/2 23/2 HYUNDAI CHALLENGER 37W 11/12 21/12 24j\l 11/1 23/1 HYUNDAI PIONEER 38E 2/2 7/2
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      Page 44 Advertisements Column 3
      666 44 CHARTPOINT Every Saturday in Business Times NOTICE FAR EASTERN FREIGHT CONFERENCE SARAH, RRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Middle East Emergency Surcharge Further to the announcement on 18 January and in particular to shipments from the Far East to Non-NT9O areas, the member Lines have decided that the
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