The Business Times, 29 January 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday January 29 1991 75*
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  • NEWS SUMMARY
    • 57 1 THE Malaysian Ministry of Works is seeking more than Mss billion under the Sixth Malaysia Plan to build a safer road system and create a more pleasant road environment. The Works Minister, Datuk Leo Moggie, announced this at a national
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    • 64 1 THE Lithuanian parliament has rejected a series of decrees adopted by Soviet President Mikhail Gorbachev, notably on the deployment as of next month of joint police-army patrols in the streets of major cities. It said the decrees "are a threat to society which will allow the
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    • 18 1 JAPANESE audio-visual manufacturer Aiwa plans to make video equipment in Singapore this year Page 2
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    • 39 1 THE Malaysian electronics industry is already feeling the pinch of recession in the US and several industrialised countries, but is expected to tide over the lull period by the second quarter of this year Page 7
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    • 27 1 WHITE HOUSE Budget Director Richard Darman says the US federal deficit for fiscal 1990 will soar to a record US$3lB billion Page 8
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    • 35 1 JAPANESE banks and securities companies could lose out in the US if Tokyo fails to open up and liberalise its financial markets more quickly, according to a senior US official Page 8
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    • 25 1 AN UPSURGE of Soviet interest in Singapore is being seen and more Singapore businessmen are also visiting the Soviet Union Page 11
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    • 20 1 AT 57, Joan Collins looks sensational, bearing no resemblance to the stereotypical middle-aged glamour girl Page 15
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    • 31 1 THE PSA is buying more container handling equipment for the Tanjong Pagar Terminal and Brani Terminal as part of its $884 million expansion plan. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 49 1 BLUE CHIP stocks eased with the start of trading on the New York Stock Exchange yesterday, while the broader market was faring slightly better. The Dow Jones average of 30 leading industrials was down 0.24 points, to stand at 2,659.16 points, five minutes after the opening bell.
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    • 33 1 SHARES made small advances in thin trading in London yesterday. By 1205 GMT, the Footsie index of 100 leading shares was 4.4 points ahead of its Friday closing value, at 2,107.4.
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    • 26 1 PETALING TIN Bhd shareholders threw out seven of 10 resolutions proposed by Hijaz Industries Sdn Bhd at an extraordinary general meeting yesterday Page 3
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    • 31 1 THE Association of Banks in Singapore has ironed out procedural details on scripless trading with the SES, thus clearing a major obstacle to its implementation Page 3
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    • 22 1 HONGKONGBANK will not be merging its two Hongkong broking arms, James Capel (Far East) and WardleyThompson Page 6
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    • Article, Illustration
      28 1 Monday Change BT-MGA 607.35 +6.23 Kuala Lumpur ....485.24 +1.80 Hongkong 3,198.29 -8.07 Tokyo 23,569.44 -3.81 Sydney Closed Friday Change New York 2,659.41 16.34 London 2,103.0 +3.7
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    • 18 1 Exchange rates USS SSI.7255 Yen SSI.3032 MS S50.6393 Money market rates Overnight 4-3/8 1-1/8 3-month 4-7/8% +1/16
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    • 37 1 London Gold AM fix USS374.50 +USS0.70 Rubber S'pore Feb.... 143.75«/kg -1.50 M'sia Feb 229.50Vkg -2.00 KL Tin Turnover 91 tonnes 49 Spot MS 14.81/kg -0.20 Crude palm oil Turnover 2,276 lots -561 Feb MS843 /tonne -9
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  • 459 1  -  Other Middle East countries also eyeing the region By Loh Hui Yin PETRODOLLARS from Saudi Arabia and other oilrich Middle Eastern countries could be heading this way in the form of investments. One of the largest Saudi government-owned companies is on the look-out for
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  • 641 1 THE jßliiMi mm Agencies ABOUT 50 Iraqi planes, including some of the country's most effective combat aircraft, have been flown to Iran to escape destruction by allied bombing, British officials said yesterday. It was not clear whether the pilots
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  • 323 1  -  From Koichi Ishiyama in TOKYO THE JAPANESE government was locked in a struggle with the opposition in Parliament yesterday over its offer of US$9 billion to help the multinational force in the Persian Gulf and Self-De-fcnce Forces (SDF) aircraft to evacuate refugees.
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  • 206 1 SHARE PRICES on the Singapore market rose strongly yesterday, climbing more than 22 points on the Straits Times Industrials Index. Optimism among local investors and a lack of negative news from the war front helped to generate buying interest here, dealers said. Over in Tokyo,
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  • 237 1 SABIC, the company likely to be used by the Saudi Arabian government to channel its investments to this region, already sells its products here. trading company Intraco sells its plastics while its petrochemicals are handled by the giant Japanese trading houses. Sabic stands for
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  • 318 1  -  By Anna Teo HAVING wrapped up the session's top three issues the elected presidency, the religious harmony bill and shared values Parliament will go into recess for about a month from today. The new, third, session of the Seventh Parliament will convene
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  • Page 1 Advertisements
    • 182 1 Nikon The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Commodities 24 Money Market 23 World News 8 Cryptic Crossword 25 Regional Co News 4 Editorial 10 Regional News 7 For market indices, editorial, Financial News 6 Regional Stock Markets 22 advertising and circulation e»
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    • 42 1 Supply of crude unlikely to be disrupted by Gulf War, Pg 2 US wants allies to foot bulk of the bill, Pg 9 Gulf Arabs fear profound changes in society, Pg 9 Conflict deals a hard blow to Gulf economies, Pg 9
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  • HOME NEWS
    • NEWS ROUNDUP
      • 106 2 TELEPHONE communication with Iraq has been temporarily disrupted due to the Gulf War. Singapore Telecom has been unable to provide telecommunication services to Iraq since the start of the war on Jan 17, while those to Kuwait have been down since
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      • 123 2 SINGAPORE Airlines (SIA) has resumed its twice weekly flights to Britain's Manchester city, which were temporarily suspended because of the discontinuation of its services to Istanbul in Turkey on Jan 19 due to the Gulf War. Istanbul was a stopover destination for SlA's Monday and Friday
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      • 96 2 THERE will be some road closures and traffic diversions in the Clemenceau Avenue area tomorrow because of the Thaipusam Festival Procession from 0200 to 2400 hours. The stretch on Clemenceau Avenue, between Oxley Rise and Penang Road, as well as Tank Road will be closed to motor vehicles.
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      • 90 2 A NEW TYPE of unleaded petrol called Techron is now being sold at all Caltex service stations. It comes in two octane grades, Techron 97i and Techron 92i, both of which contain an advanced control additive system. The Techron additive system is based on a
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      • 108 2 SOME $150,000 worth of ang-pows will be given by the Shaw Foundation in Singapore to 3,000 men and women, aged 60 years and above, on Friday. The red packets of $50 each will be distributed by Shaw Vee Meng, Harold Shaw and Shaw Vee King.
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    • 404 2  -  By Lilian Ang THE Gulf War will have little impact on the supply ot crude oil as long as production facilities outside of Iraq and Kuwait remain intact. John McPhail, vice-presi-dent of the US-based Caltex Petroleum Corporation, said yesterday that
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    • 459 2  -  By Selva Kumar JAPANESE audio-visual manufacturer Aiwa plans to make video equipment in Singapore this year. The Sony subsidiary also expects manufacturing turnover in Singapore to be 40 per cent higher than last year's $500 million. Minoru Yoshida, managing director of Aiwa Singapore,
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    • 254 2 CONSULTANT engineers in Singapore are encouraged to export technical services for infrastructural development in the region which could amount to $150 billion over the next five years. So far, Singapore has been exporting consultant engineering services to the region mainly for building projects,
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 528 3  -  From James Shyong in KUALA LUMPUR PETALING TIN Bhd shareholders threw out seven of 10 resolutions proposed by Hijaz Industries Sdn Bhd at an extraordinary general meeting lasting more than three hours yesterday. The EGM effectively confirmed control of the board by interests allied
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    • 81 3 Corrections clarifications THIS IS CW Tresise, and it is this picture that should have appeared yesterday with our report about Petaling Tin headlined "Shareholders to decide on the fate of four directors today". The picture that appeared yesterday was of Allen Path- marajah, director and general manager of Great Eastern
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    • 436 3  -  Conference on strategic developments for Asia-Pacific stock exchanges By S N Vasuki SINGAPORE's options market, originally slated for this year, will start operations in 1992, said Mr Lim Choo Peng, president of the Stock Exchange of Singapore (SES) yesterday. Mr Lim
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    • 450 3  -  By Rahita Elias MARINE-BASED Chuan Hup Holdings will soon expand into third-party shiprepairing in a big way by joining forces with either a local or foreign partner. Mr Jimmy Peh, Chuan Hup's managing director, told BT that the venture would turn Asia
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    • 344 3 THE STOCK EXCHANGE of Hongkong (SEHK) is contemplating a second board for the territory's "young and growing companies" as well as "qualified" companies from mainland China. This was disclosed by Mr Francis Yuen, SEHK chief executive at the regional conference
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    • 142 3 SNP's 10 million expansion programme SINGAPORE National Printers Ltd (SNP) is investing more than $10 million for expansion and to get into new businesses. An announcement from the government-backed listed printer yesterday said $8 million will be spent on building its second printing plant at the Media Park at Übi
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    • 386 3  -  By William Chia THE Association of Banks in Singapore (ABS) has ironed out procedural details on scripless trading with the Stock Exchange of Singapore, thus clearing a major obstacle to its implementation. The Central Depository Pte Ltd (CDP), an SES unit, had originally
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    • 159 3 PARKWAY Holdings has divested its entire 50 per cent stake in freight forwarder Wrexham Holdings comprising 1.24 million shares for $8.4 million. Parkway announced yesterday that it sold the shares to Richard Choo Huan Cheong on Dec 31, 1990. Mr Choo will pay for the shares in
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    • COMPANY BRIEFS
      • 100 3 THREE DIRECTORS of locally-listed flour mill company, Prima, have increased their shareholdings in the company by 10,000 shares each. The additional shares were indirectly purchased through Seng Hong Co on behalf of Messrs Cheng Tsang Man, Cheng Chih Kwong and Cheng Chih Li. The
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      • 83 3 KIM HIN JOO INVESTMENT Pte Ltd has bought 500,000 shares at 68 cents each in sister company, KHJ Trading Pte Ltd. The transaction was done on Jan 25. This brings its total shareholding in KHJ Trading of 15,791,500 shares to 23.69 per cent, from
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      • 33 3 UNITED OVERSEAS LAND (UOL) has appointed local lawyer Wong Meng Meng as a director on its board. The announcement was made to the Stock Exchange of Singapore last Friday.
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      • 93 3 MBF CARD SERVICES hopes to raise its paid-up share capital to at least Ms2o million from M 55.26 million before seeking a listing on the Kuala Lumpur Stock Exchange (KLSE). It plans to do this through making new bonus and rights issues in the
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      • 69 3 CHIN TECK PLANTATIONS plans to spend Ms2o million on the cultivation of oil palms in its newly-acquired 4,047 hectares of alienated land at Lembah Jeram, Rompin in Pahang. The land was purchased from the State government late last year for a lease period of
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      • 102 3 CONSTRUCTION and Supplies House (CASH) has received the Capital Issues Committee's approval on the proposed acquisition of the entire equity share capital of United Plywood ana Sawmills (UPS) and S P Marble. The company recently announced its proposed purchase of 100 per cent of UPS
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  • Page 3 Advertisements
    • 11 3 Consolidation and cautious expansion at Chuan Hup, Shipping Times, Page 2
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    • 205 3 Discuss Your Business with Malaysia's Government Ministers Determine your Malaysian investment Some ot the issues that will be discussed and sourcing opportunities and how to with cabinet members include: most effectively work with the Malaysian •Prime Minister Mahathir s new national Government through discussions with agenda for the *****; senior
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  • REGIONAL COMPANY NEWS
    • 541 4 THE HONGKONG stockmarket was among the best regional performers during the past year. Quoting the Morgan Stanley's Performance of Asian Stocks in 1000 bulletin, the South China Morning Post reported over the weekend that the colony's company shares offered substantial returns in 1990. Such
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    • 369 4 Reuter THE SPOTLIGHT on Malaysia's stock market, once the star performer of the region, is set to shine again after being dowsed in Gulf war gloom. Investors, looking for a safe place to park money stashed away over the last few months, are
      Reuter  -  369 words
    • 339 4 IN MARCH last year, Taiwanese magnate Chiu Minghung bought an eight per cent stake in Hongkong property firm Great Eagle for about HKS3 a share. Great Eagle share prices rose, hitting HK$4.B5 some months later. As Hongkong investors started buying the stock, the Taiwanese
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    • COMPANY BRIEFS
      • 105 4 INVESTMENT by 17 South Korean securities firms in foreign stocks and bonds nearly doubled in 1990 from a year earlier, the Securities Supervisory Board said. The board said the domestic firms last year underwrote US$653 million worth of foreign stocks and bonds against
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      • 92 4 JAPAN'S Citizen Watch Co Ltd said yesterday it planned to set up a wholly-owned unit to package chips for integrated circuits at a new 5.5 billion yen (US$42 million) plant to he built in northern Japan. The new company. Citizen Techno Co Ltd. hopes to complete
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      • 91 4 BMW JAPAN Corp. the wholly-owned Japanese unit of Baycrische Motoren Werke AG (BMW), hopes to sell 40.000 cars in calendar 1991. up 9.5 per cent from a year earlier. BMW Japan president Hans-Peter Sonnenborn told a news confcrcncc. BMW's car sales in Japan rose 10.4
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      • 66 4 INVESTMENT in 217 joint ventures between Vietnam and foreign companies totalled US$l.47 billion by the end of last j year, official media said on Monday. Vietnam provided 30 per cent of the capital, the Shan Dan daily newspaper reported. British companies led the way. investing US$l45 million,
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  • INTERNATIONAL COMPANY NEWS
    • 699 5 NYT SWEEPING CHANGES at Sears, Rocbuck Co, including the possible sale or closing of the Scars catalogue, will be on the table next month when the company's board meets, retail executives and others watching the company say. Other possible moves include shifting
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    • 305 5 NYT THE COLUMBIA Savings and Loan Association, which bought more "junk bonds" than any other savings institution, was taken over by the US government last Friday, paying the final price for its risky investment strategy. Columbia, based in Beverly Hills, California, had been suffering huge
      NYT  -  305 words
    • 201 5 Reuter NEWS AGENCY United Press International (UPI) said in Washington last Friday that it had three or four possible buyers, but no sale is imminent. Management and the Wire Service Guild, which represents the news agency's approximately 350 journalists, photographers, technicians and
      Reuter  -  201 words
    • 254 5 Reuter TEXAS INSTRUMENTS Inc said it took a US$49 million, or 59 cents per share, fourth quarter 1990 after-tax charge for cost reductions and asset writedowns. Earlier, Texas Instruments reported a fourth quarter loss of 80 cents per share, and a year loss of
      Reuter  -  254 words
    • COMPANY BRIEFS
      • 112 5 THE LONG-TERM CREDIT BANK of Japan Ltd (LTCB) and another four creditor banks will offer additional loans of 60 billion yen to help restructure debt-ridden EIE International Corp, an LTCB spokesman said in Tokyo yesterday. EIE, a mid-sized Japanese company that develops
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      • 99 5 INTERNATIONAL Business Machines Corp said it has reached an in-principle agreement with Aeroflot to sell the Soviet national airline a computerised passenger booking and cargo system. "We're very encouraged that things have progressed as far as they have but we don't want to jump the
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      • 124 5 R H Macy and Co Inc said that sales for December were 11.8 per cent lower than a year ago on a same-store basis. "While results were affected by the downturn in the economy, they are within the range of anticipated levels which had been communicated
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      • 130 5 IN CATERPILLAR Inc's second block-buster deal in three months, the company announced it was selling 95 large bulldozers to the Soviet Union to use in gold and diamond mining. An analyst said the deal may be worth US$65 million and proves Caterpillar has re-emerged as a
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      • 112 5 FORD MOTOR Co has dismissed a report in Britain's Sunday Times that it has called in Yamaha Motor Co to design and develop a new engine for its small to mediumsized car range. "We've been talking to all sorts of people and all sorts of
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 95 6 THE BUSH administration foresees a multi-billion dollar deficit in the programme to insure commercial bank deposits by as early as next year, the New York l imes said. Quoting a projection made by the Office of Management and Budget and included in a
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      • 67 6 THE Dubai Commercial Bank (DCB) has reported a net profit of 40.7 million dirhams (US$l 1.1 million) for 1990 despite Iraq's invasion of Kuwait and the ongoing Gull war. Bankers said they expected good results from other commercial banks despite the massive withdrawals and
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      • 115 6 THAI Finance Minister Banharn Silpa-archa has instructed the state-owned Krung Thai Bank to speed up its debt collection from two major debtors Cha-am Pineapple Cannery and the Metro Group, the Bangkok Post reported. After being briefed by the bank president Thienchai Srivichitr, Mr Banharn
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      • 82 6 BANCO do Brasil SA, Latin America's largest commercial bank, reported 1990 net profits equivalent to US$2B2 million, a sharp recovery from US$l24 million for 1989. The bank reported that net profits for the recent second half were 33.3 billion cruzeiros, equivalent to US$l93 million at year-end
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      • 2 6 Dollar$ Non$en$e
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    • 502 6 HONGKONGBANK will not merge its two Hongkong broking arms, James Capel (Far East) and WardleyThompson, the South China Morning Post reported. The bank's deputy chairman, Mr John Gray, said this is in response to speculations that resulted from the bank's proposal
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    • 195 6 Reuter THE spectacular series of corporate failures that last year humbled high flying customers of Australia's big banks may at last be over, but bad debts still dog the banking industry. This fiscal year the damage will come from smaller firms and
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    • 205 6 TAIWAN FINANCE authorities plan to clamp down on foreign fund manager activity among domestic retail investors, the South China Morning Post said. According to the newspaper's sources associated with Taiwan's central bank, the Ministry of Financial Affairs is drawing up new draft regulations
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    • 483 6 NYT SHAREHOLDERS and the US Securities and Exchange Commission are questioning whether some banks violated securities laws by concealing bad loans for months before they announced large losses. Bankers and their lawyers respond that the large increase in loan losses reflects the rapid
      NYT  -  483 words
  • Page 6 Advertisements
    • 122 6 Standard Poor's Information Group Wh A MPLETE LUverage... You can use S&P Com Stock to run a variety of analytical WKKKt' software, access key news such as AP/Dow Jones Financial Wire and financial information services. S&P Com Stock can provide you with everything you need to react to the market
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    • 701 6 ASEAN FUND LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors o# ASEAN Fund Limited wishes to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 OCTOBER 1990 For the Period from 10 October 1968 (Date of Incorporation) to 31 October 1990 31 October 1989
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  • THE REGION
    • 440 7 MBT THE MALAYSIAN electronics industry is already feeling the pinch of the recession in the US and several industrialised countries, but it is expected to tide over the lull period by the second quarter of this year. The industry may not see mass
      MBT  -  440 words
    • 309 7 Reuter IN SPITE OF the dynamic growth of major Asian economics over the past decade, governments have largely failed to reduce poverty in Asia's cities, according to a team of regional experts. "Asia now accounts for 42 per cent of the world's urban
      Reuter  -  309 words
    • 51 7 New Zealander Paddy Monroe taking his latest invention for its first trial above Auckland Harbour yesterday. The contraption, a flying catamaran, uses a parachute for lift-off and wings for stability. A motorised boat is all it needs to help it take off. Reuter picture Reuter
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    • 319 7 UPI PRIME MINISTER Chatichai Choonhavan of Thailand said on Sunday his country was ready to establish full diplomatic relations with North Korea and treat it equally with South Korea. "We will treat both of them the same way without any discrimination," Mr Chatichai told
      UPI  -  319 words
    • 258 7 Reuter NEW ZEALAND business confidence is continuing to decline, with many companies reporting poor trade in the lead-up to Christmas, according to the private New Zealand Institute of Economic Research (NZIER) in its latest quarterly survey of business opinion. "Most businesses we surveyed said the situation
      Reuter  -  258 words
    • 308 7 Bernama MALAYSIA, seriously considering biotechnology as an integral component of industrialisation. has increased government funding and incentives for the development of biotechnology research. Science. Technology and Environment Ministry sccrc-tary-gcncral Datuk Mohamed Noordin Hassan said on Sunday night that this was reflected in the reccnt
      Bernama  -  308 words
    • NOTE BOOK
      • 84 7 MORE THAN 10 million Filipinos or 17 per cent of the national population live in slums or squatter colonies, according to a country paper presented at a regional seminar that ended in Manila yesterday. About 43 per cent of the Philippine population of
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      • 60 7 THE KHMER ROUGE threatened in a clandestine radio broadcast on Sunday to attack Cambodia's second largest city, Battambang. and claimed the town was in a state of panic. "Battambang is currently in great chaos and danger," the radio said in a broadcast monitored in Bangkok. Battambang
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      • 71 7 THAILAND'S foreign reserves of gold, special drawing rights and convertible currencies rose to a record U5514.27 billion at end-December from U5514.21 billion at the end of November and US$lO.5l billion a year earlier. The Bank of Thailand said The December reserves included U*****.0 million worth of
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      • 39 7 THAI FOREIGN MINISTER Arthit Urairat left yesterday for the funeral of Laotian Deputy Prime Minister Sali Vongkhamsao in Vientiane. Mr Arthit was expected to hold talks with Laotian leaders in Vientiane during his one-day visit.
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      • 62 7 A GROUP of 11 dissident Burmese students, originally members of the anti-Rangoon All Burma Student Democratic Front (ABSDF), have chosen to return home. The 11 were among hundreds of Burmese students who have quit the ABSDF after being granted refugee status and provided with an
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  • THE WORLD
    • WORLD WATCH
      • 123 8 JUBILANT REBELS in Somalia claimed victory yesterday and promised a new start lor the country alter President Mohamed Siad Barre tied the capital Mogadishu in a tank. The whereabouts of Mr Barre, who held power for 21 years, are unknown but unconfirmed reports said he
        123 words
      • 63 8 INDIA AND PAKISTAN have ratified an accord prohibiting attacks on one another's nuclear facilities. The Pakistani Foreign Officc in Islamabad said yesterday that Indian High Commissioner J N Dixit delivered his country's ratification to Afzal Qadir, officiating as Foreign Secretary in the absence of Shahryar
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      • 104 8 US-MADE machine tool orders rose in December in a sign that capital spending by manufacturers is firm in spite of the current recession, says a trade group. New tool orders totalled U*****.35 million in December, up 43.7 per cent from the U*****.75 million in November,
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      • 74 8 NORTH KOREA and Romania have signed an agreement on trade and payments and a trade protocol for 1991 in Pyongyang. The Korean Central News Agency reported yesterday that the agreement and protocol were signed in a ceremony on Sunday attended by North Korean ViceMinistcr of
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      • 116 8 CHINA will put its first three nuclcar reactors into service in the next three years and expects to have a nuclear power generating capacity of 2,100 megawatts a year by 1993. The official Xinhua news agency last Sunday quoted a China National Nuclcar Corp (CNNC) spokesman
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      • 84 8 SOUTH KOREA exported 10,064 cars, trucks and buses to East Bloc countries in Europe, China and Vietnam last year, up 183 per cent from 1989. The country's car industry reported yesterday that Hyundai Motor Co was the biggest exporter to communist countries in 1990
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      • 77 8 TAIWAN'S December index of leading business indicators fell 1.64 per cent from November, its first fall in the past five months, the Taiwanese Council for Economic Planning and Development said in Taipei yesterday. The index, which forecasts peaks and troughs in the business cycle, is now
        77 words
    • 388 8 Economic slowdown and thrift bailouts blamed UPI WHITE HOUSE Budget Director Richard Darman has estimated that the US federal deficit for fiscal 1990 will soar to a record US$3lB billion. It's not the Persian Gulf war but the federal bailout of banks and
      UPI  -  388 words
    • 638 8 Reuter A LOWER than expected German government deficit for 1990, and possibly also in 1991, should please the capital markets, although the news will probably be overshadowed by continued worries about the Gulf War, economists say. The Finance Ministry on Sunday confirmed that
      Reuter  -  638 words
    • 343 8 Reuter IN SPITE OF averting a clash between the army and the rebel republic of Croatia, Yugoslav leaders meeting for key talks yesterday look far from solving a crisis that threatens to tear the country apart. The presidents of Yugoslavia's six republics,
      Reuter  -  343 words
    • 225 8 AFP THE NUMBER of foreignfunded companies in China increased by a third last year to more than 25,000, the official China Daily reported yesterday. A total of 7,092 companies with investment from abroad registered in China last year, bringing the total to 25,450,
      AFP  -  225 words
    • 479 8 Reuter JAPANESE banks and securities companies could lose out in the United States it" Tokyo fails to open up and liberalise its financial markets more quickly, according to a senior US official. That's the tough message the US Treasury Department planned to deliver yesterday when
      Reuter  -  479 words
    • 253 8 Reuter BRITISH BUSINESS and labour groups have asked the UK government to use its next budget to provide tax relief to companies and families affected by the recession. But in separate statements yesterday, the British Chambers of Commerce and the Trades Union
      Reuter  -  253 words
  • Page 8 Advertisements
    • 132 8 I ahead S "lilMife competition im w"jft7Ho #V* m "m*.* 'BpMMSaftflfcC&r H,Mchl Dp s CommuniCdtior S,ste r 1 11 Ill* yl, In today s competitive financial environment "T'-„ 1.:,„T|.t0. where seconds can mean millions,you need wfiyfff npyni a cu,,in9 edge to Keep y u ahead and apart Extensive communication channels
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    • 253 8 IS March 1991 Carlton Hotel Singapore Seminar programme: Fine pitch technology Trends of semiconductor LSI packages vf* Application technology of solder paste for fine pitch devices Pick and place technology for fine pitch devices Bare chip packaging technology or CDB technology Limitation for packaged semiconductor devices Methods for bare chip
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  • THE GULF WAR
    • 471 9 US central bank will continue to ease interest rates to stimulate economy Reuter THE United States economy, already grappling with a troubled banking system and waning consumer confidence, must now also pay the immense cost of waging war in the Gulf. The Federal Reserve,
      Reuter  -  471 words
    • 35 9 A WOMAN and child sitting bemused among the rubble somewhere in Iraq. The picture was taken from Iraqi television footage monitored on Japan's NHK station on Sunday. No details were available.
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    • 391 9 Reuter IRAQ has scored a direct hit on Gulf economies, shattering confui-ncc in banks and ruining businesses that were recovering from the eightyear Iran-Iraq war. In Bahrain, bankers and businessmen say investment and spending are at a virtual standstill. Foreign banks are
      Reuter  -  391 words
    • 523 9 Reuter THE prospect of a long and bloody war has deepened fears among Gulf Arabs about the future of their fragile, conservative societies faced with competing demands for more security and more democracy. Iraq's invasion of Kuwait has revolutionised Gulf attitudes towards the
      Reuter  -  523 words
    • 546 9 Reuter MARKET MAYHEM showed signs of letting up even before the first week of the Ciull war was over, hut stock, bond, and currency analysts in the US warn against getting t<x) comfortable and investors appear to be heeding the advice. "If the
      Reuter  -  546 words
    • 419 9 Reuter THE United States is expected to press its wealthy allies next month to give more money to the so-called front-line states encircling Iraq and to other developing countries hit hard by the war. US officials said. A senior Treasury Department
      Reuter  -  419 words
    • 609 9 Reuter PRESIDENT George Bush has vowed not to repeat the mistakes of Vietnam in waging the Gulf War, but some US lawmakers fear he will duplicate America's past errors in financing it. "The economic lesson of Vietnam was that we should not fight a
      Reuter  -  609 words
  • Page 9 Advertisements
    • 529 9 A, W I I Keppel Finance Limited I I (Incorporated in the Republic of Singapore) I I NOTICE OF EXTRAORDINARY I GENERAL MEETING I NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company H will be held at the Board Room of Keppel Corporation Limited at 325
      529 words

  • 497 10 EDITORIAL IT IS an old ploy: Bosses give workers fancy executive titles just to get them out of unions. It was a common tactic ot days gone by when management saw labour as the natural enemy, and union-led strikes were an everyday occurrence. The strategem.
    497 words
  • WHAT THE OTHERS SAY
    • 239 10 THE PROBLEM of inadequate childcare provision is a complex one. First there is a dire shortage ot staff. Proposals such as hiring Malaysians or other foreigners must be seen tor the ad-hoc, stop-gap measures that they are, to be considered only in the interim while a
      239 words
    • 130 10 THE DECISION by MNCs like Shell to invest more here is a testimony of their confidence in Singapore's competitive position. However, what Singapore has to offer them first-class communi- cation facilities and attractive corporate tax rates and incentives are areas that our competitors may be able to
      130 words
    • 135 10 EDUSAVE IS different from welfare handouts in the West which have resulted in people putting personal interests before duty to the nation and expecting welfare benefits as their birthright. The use of Edusave depends a lot on the decisions of parents. Instead of viewing Edusave as
      135 words
  • REGIONAL VIEWPOINTS
    • 133 10 THAILAND'S Muslim spiritual leader Chularajamontri Prascrt Mohammed was right when he said the UN-sanctioned war against Iraq was a political conflict and Saddam was a political, not a spiritual leader. The overriding concern among Thai authorities now is how to contain the pro-Iranian Shia Muslim fundamentalists in the
      133 words
    • 195 10 THE CHINESE government on Saturday bowed to its own moderates and to international pressure hv showing unusual leniency in the sentencing of student leader Wang Dan and seven other leading activists for their role in the ill-fated pro-democracy movement. Such clemency suggests that the Chinese government
      195 words
    • 148 10 WHAT MUST be stressed at this stage is that efforts must not stop to bring about a ceasefire. The fact that President Saddam will not relent under the continuous onslaught should not mean that the task of the United Nations has ended with Resolution 678 which
      148 words
  • 831 10  -  By June 1992, the Tory government must call a general election. Rachel Johnson reports on why unemployment may be an election issue in the UK Rachel Johnson FT DECEMBER'S monthly rise in unemployment, the biggest for a decade, has confirmed fears that the numbers out
    FT  -  831 words
  • Page 10 Advertisements
    • 17 10 Doonesbury's Gary Irudcau is down with influenza Keep your investment decisions on target CHABXPOmIP EVERY SATURDAY JL
      17 words
    • 388 10 REPUBLIC NATIONAL BANK OF NEW YORK 9 A SUBSIDIARY OF REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition December 31. Liabilities and December 31, A Assets 1990 1989 Stockholder's Equity 1990 1989 (Dollars in Thousands) Cash and due from banks 390.240 373.13. deposits: mj 12 Interest bearing deposits 70 n
      388 words

  • ANALYSIS
    • 730 11 Child-care leave is catching on in Japan as companies look for ways to retain their skilled workers and attract new employees NYT SOME Japanese corporations are introducing systems to allow workers to stay home to take care of newborn children as
      NYT  -  730 words
    • 1207 11  -  There is an upsurge of Soviet interest in Singapore ana more Singapore businessmen are visiting the Soviet Union. Anatoly Voronfcov, writing for BT from Moscow, calls for more ventures between businessmen of the two countries and for the forging of closer ties with young Soviet
      1,207 words
    • 931 11 The large, untapped Soviet market remains alluring LAST summer, John Goossens thought he had the deal of a lifetime: the first contract to supply digital phone switches to the Soviet Union. But no sooner was the ink dry than souring relations between the central authorities
      931 words
  • Page 11 Advertisements

  • INNOVATION & TECHNOLOGY
    • TECH TAKES
      • 73 12 HOUSTON-BASED Compaq Computer Corp has undergone a management reorganisation as Michael S Swavely, its president for North America, takes a six-month sabbatical. Eckhard PfeifTer, president for Europe and international, is now executive vice-president and chief operating officer, with responsibility for worldwide operations and taking on some
        73 words
      • 73 12 THE West European market for mobile telephone services and equipment rose 45 per cent last year to US$lO.B6 billion, a third of which came from Britain. The details were disclosed by a market survey by London-based Communications and Information Technology Research Ltd. The firm also
        73 words
      • 76 12 AMERICAN computer group Apple Computer said its sales in Europe rose a strong 28.5 per cent to US$l.5B billion from US$l.23 billion in the 1989/90 business year ending September 30. Soeren Olsson, president of Apple Computer Europe, said the company's Macintosh Ilfx and other new
        76 words
      • 90 12 FUJITSU of Japan has started marketing computer software to aid the development of application systems used with the neuro computer. The new software, Nuerosim/L V 2.0, is an elaborate instruction material called "Neuro System Construction Guide" that explains neuro system development procedures step-by-step. The neuro computer,
        90 words
      • 53 12 SOUTH KOREA plans to lift restrictions on foreign investment in computer communication services from 1994. The plan was contained in an "initial offer list" relating to the opening of the service market which South Korea submitted to the General Agreement on Tariffs and Trade (GATT)
        53 words
      • 86 12 LOTUS Development Corp and Equifax said recently they had cancelled plans to sell a database of names, addresses and marketing information on 120 million US consumers. The companies said their decision came after they had received 30,000 calls and letters from individuals wishing to have
        86 words
    • 527 12  -  An international forum on IT, to be held in Switzerland next week, focuses on weighty macro-issues. Hopefully, 'broad-ranging' will not mean 'unfocused', says Kennetn James IT MATTERS Kenneth James WORLD Information Technologies Industry Forum sounds like the kind of meeting where heavyweight
      527 words
    • 48 12 This card is a new data storage medium which holds about 1,200 pages of text. It has a mirror-like amorphous crystal surface. A group of Japanese finns is trying to commercialise the technology, which is developed by Drexler Technology Corp of America.
      48 words
    • 563 12 NYT VCRs with scanning sensors that eliminate commercials from videotaped programmes, passive "people meters" that can identify television viewers, personalised magazines delivered by computer, and fascimile transmission of newspapers these arc the advances that will have the greatest impact on media in the future,
      NYT  -  563 words
  • Page 12 Advertisements
    • 532 12 They all look the same.... *****1 but obviously some are more open than others. EMS E? M ts MM WHICH WINDOW IS REALLY OPEN? With 20 years in UNIX, 2,000 applications on ULTRIX and scalable RISC Foundation (OSF) new operating system OSF/1. In fact, they all are. But obviously, some
      532 words

  • Page 13 Advertisements
    • 227 13 We've made shipping to the United States six times easier. Introducing The Federal Express Frequent Flyer. From SINGAPORE to The U.S. six times a week. Two business day service. Six times a week. Week in. Week out. To keep track of your shipments we developed COSMOS and KIAC. A Federal
      227 words

  • Page 14 Advertisements
    • 754 14 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word~of~ mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm ('.nil is the name on everyone's lips. Reservations, *****100r 338 8585ext 1H155/6. PALM GRIII
      754 words
    • 261 14 DON'T MISS "ELVIS" TMF. KING IS BACK STARRING WILSON DAVIDS 111!. BACKTRACK AI I MI KASBAH,35TH I LOOK IAN 19 MAR 18 1991 Let Wilson David, the Elvis of Singapore and the Backtrack bring back the glorious days of the 60s A/so performing nightly is our resident band, the Shangtze
      261 words
  • Page 14 Miscellaneous
    • 770 14 TELEVISION AND RADIO I 7.55 It's Your Move (L, Stereo). J Gulliver's Challenger. BUSINESS ON RADIO 11 A SBCI2 9.00 News at Nine. 5.55 Today in History. I lrvi Ir\ I A C\ rtAfl f 9.45 The Movie Show Back to 6.00 News (M) BBC 89.9 mHz in VNF Band
      770 words

  • LIFESTYLE
    • 1338 15  -  Joan Collins, the celebrity TV actress and the premier purveyor 01 glamour, talks to Alice Rawthorn Alice Rawthorn FT The music stopped when Joan Collins walked into the room. Her publicist had, after all, whispered politely to the maitre d'hotel that Miss Collins did not like to
      FT  -  1,338 words
    • 609 15 Safety and freedom vie after deaths at AC/DC concert NYT Rock-and-roll has long been a fervent expression of a younger generation's rebellious freedom. But the deaths of three fans at a heavy-metal concert in Salt Lake City a week and a half ago have forced promoters and
      NYT  -  609 words
    • 496 15 CHATTERBOX BROADWAY'S most es- 1 teemed creator of musicals, < Stephen Sondheim, has turned the unlikely subject of presidential assassins into a musical. "Assassins" has people lining up outside the Playwrights Horizons theatre box office waiting for cancellations and ticket returns. It opened officially the previous
      496 words
    • 520 15 AFP FRENCH filmmakers are packing into Vietnam to shoot diverse portraits of the old colonial era and its death throes for the big screen. Jean-Jacques Annaud, best known internationally for "The Bear", has jumped the pack and started work this month in southern Vietnam
      AFP  -  520 words
  • Page 15 Advertisements
    • 254 15 AND ENTERTAIN Set Your Heart On Our Set Meals. I LUNCH: II I. I ijopm.»!*.«♦ I I mSwfil 1 rtR PUUON I fc. DINNIR: b 30PM Tl> I jf" 1C JCPM StkM* I 4®t PERPfcRSON I The Cafe-in-the-Park is well known for I its excellent food. And now, for its
      254 words

  • SPORTS
    • SIDE LINES
      • 138 16 FRANZ HEINZER knows only too well the frustration of finishing fourth. This time he decided it would either be a medal or nothing at all. The Swiss skier took all the risks on a steep, treacherous course and finally came up with the
        138 words
      • 101 16 ADDIS ABEBE of Ethiopia got the better of a strong Kenyan Contingent to win the lAAF World Challenge cross-country meet in San Sebastian on Sunday. In a sprint finish. Abebe beat Kenya's Osoro Ondoro into second place with Argentina's Antonio Silio third. Abebe's winning time was 30min
        101 words
      • 119 16 CARLOS SAINZ of Spain, the reigning world champion, continued to set the pace in the Monte Carlo Rally after Sunday's third stage but unheralded Frenchman Francois Delecour was keeping him tirmly in his sights. At the end ot the first stage of the Common Run in
        119 words
      • 77 16 MAGIC JOHNSON broke open a close game in the third quarter on Sunday as the Los Angeles Lakers routed the Boston Celtics 104-87 for their 11th consecutive victory. Johnson scored eight of his 22 points and made five of his i 5 assists in the third period
        77 words
      • 106 16 ZICO scored with 2:30 remaining to give Brazil a 2-1 victory over Argentina in the Pele Cup tor senior soccer players in Miami on Sunday. Zico scored his third goal of the tournament when Cafuringa's cross deflected off the head ot Argentine defender Orlando Ruiz and
        106 words
      • 73 16 JACK NICKLAUS sank a 35-foot putt from the fringe on the second playoff hole on Sunday to earn U*****,000 in the Seniors Skins game. Nicklaus collected the only pay cheque on the second day of the two-day event as he and the other four golf legends Gary Player,
        73 words
      • 81 16 BEN JOHNSON now has a drug-free win but still has a long way to go before regaining his old speed. Johnson won the 55-metre dash in 6.20 seconds, a Canadian record, at the Ottawa Wintcrnational Indoor Games on Saturday night. But the time was far
        81 words
    • Article, Illustration
      799 16 Super Bowl AP Reuter NEW YORK'S Matt Bahr kicked a 21-yard field goal with 7:20 remaining and Scott Norwood missed a 47yard attempt with eight seconds left, giving the Giants a 20-19 victory over the Buffalo Bills for their second NFL Super Bowl title yesterday. Controlling the ball
      AP; Reuter  -  799 words
    • 781 16 AP NOW THAT he has what he wanted most in tennis, Boris Becker is thinking about how long he will keep it and what life might hold after it loses its appeal. Finally No 1 after more than five years within reach
      AP  -  781 words
    • 432 16  -  Dunhill Cup B* Cassandra How IT MUST have been nerves that resulted in the bad scores during the Asia-Pacific Zone qualifying round of the Dunhill Cup yesterday. The Fijians did not turn up. leaving five countries to battle for two berths in
      432 words
    • 288 16 Reuter NOLAN HENKE rolled in a birdie putt of 20 feet on the final hole to win the USSI million Phoenix Open golf tournament on Sunday by one stroke over Tom Watson. Curtis Strange and Gil Morgan. Just when it appeared as
      Reuter  -  288 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 784 17  -  Lack of negative news from war generates buying interest By Quak Hiang Whai THE SINGAPORE stock market, riding on the optimism of local investors, continued its rally yesterday with the Straits Times Industrials Index rising more than 22 points. Dealers said the
      784 words
    • 3747 17 iqqo/QI I i Grs Grs el I-ast Vol |)ay |j»st Quote Div Div Y'ld N«t M Cap High I»w ((Mk Company Sale +or- ("000) High Ijom Buyer Seller Cvr P/E Smil INDUSTRIAL COMMERCIAL 277 152 t 1000 Acma 184 +9 420 185 175 183 184 13 \?2 t w# 50
      3,747 words

  • 3649 18 Main Board FELS 50* 555 +45 +8.8% Metro Hldgs 560 +35 +6.7% (JOB Wt 269 +34 +14.5% UOB Foreign 645 30 4.9% Jurong Slip 50* 665 +20 ?*ij (JOB 625 +20 +3.3% Spore BusF 500 620 +20 +3.3% Spore Bus 500 560 +20 +3.7% FELS
    3,649 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 898 19 Bernama SPECULATIVE buying support for selected lower-liners yesterday helped share prices in Kuala Lumpur to come off the day's lows to close on a slightly easier note. The KLSE Composite Index added 1.80 points to 485.24 while the Industrial Index was 0.79
      Bernama  -  898 words
    • 3132 19 I 1990 Last Vol Day Net Cap High Low Company Sale *000 High Low P/E Smil INDUSTRIALS 188 165 AISB 50* 173 -3 16 174 173 42.2 177 5 388 310 ASM 50« 338 unch 56 388 310 30.2 1387.5 296 280 Acidchem 295 5 6 296 292 126.8 255
      3,132 words
  • Page 19 Advertisements
    • 97 19 NEWS TRAVELS ALL ADVERTISING MESSAGES are effective. To varying degrees. In Singapore, when you want to reach out to a select target audience in the transport industry only one daily offers you the advantage of maximum reach at minimum costs. And that's Shipping Times. Ever\da\ Shipping Times brings you: Bunker
      97 words

  • BT SHARE INFORMATION SERVICE
    • 314 20 Company Date Year Group Net Wot earnings Cross ann to profit/loss (L) per share dividend (000) (cents) C&C Jan 14 Sep 90 15 3 947(134 649) 30 8(23 5a) 15(8 5a) F&N lan 14 Sep 90 $53 080($62 868 30 1(36 5) 9 < l79> H vista lan
      314 words
    • 200 20 Comoany Date Year Group pre-tax Net earnings Cress ann to profit/toss (L) per share dividend ('000) (cents) H leong Credit Jan 8 Jun 90 M$35 181(M$25.440) 21 8(16.4) 10(10) tecng Huat Ian 2 Dec 89 $182L($356l) Pacihc Can Dec 28 Sep 90 J1.387L (S562h> -(07) VanderHorst Dec 28
      200 words
    • 239 20 Comnanv Date Half-year Group pre-tax Interim 0 profit/loss (L) dividend (000) Sateras Dec 31 Sep 90 MJ462L (J369L) -<-> D«2S S.P90 «»•»<-> MCB Hides Dec 27 Sep 90 MSI.333(S1.3191) «C2; S.P9C »»»> Mo HOss 0k 16 S«p 90 Metalock Dec 24 Sep 90 Hai Sun Hup Dec 21
      239 words
    • 1130 20 hvo Wholly owned subsidiaries of QAF Ltd Gardenia Foods and Ben Foods, are charting opposing courses of development Gardenia has exercised an option granted by arn Hong Oil Industries to buy leasehold premises for $2 4m while Ben has sold its land and factory for $3 2m Feed
      1,130 words
    • 339 20 Current Ei Books Diti Total fw Total hf payment date dose the ywr last yo» amfp NYA Dec 14 an 3 Feb 15 JM* 28% Auan F«d US50 10(b) Ma- 18 Mar 28 V8 ®»JJ Anno 5%TE Fee 25 Mar 7 Ma, 15 125%TE 25%J Bewatop 5%<l) Feb
      339 words
    • 662 20 Singapore Stocks Last Full Year Compaiy Penod Date Year Net EPS Gross Net amuiced encfcif (cents) <t* ?tfit last yew (S000) CMB Pacfcajnj Interim Nov 13 Dec 90 29 7 132 11.616(e) BMT Interim Jan 10 km 91 254 2 1500 773 Ktwni Guar Interim Jan 12 Apr
      662 words
    • 175 20 Company Rights Issue Causeway h* Threttor tour <a $0 60 per share t»<late Oc 10 Books close Dec 20 Acceptance Payment Feb 1 M Mosans Or*-tor one g, MSI 50 per share E*<Jate Dec 10 Books ctose Dec 26 Acceptance Payment Feb 11 Company Bonus Issue Oriental rtdp
      175 words
    • 282 20 Company Rights Issue Aicorn One-tor two M$l 00 pet share issue of 40m Cumulative Redeemable Preference Shares of MJO iO each at WJ1 per share with 10m detachable TSR BoRot One for tour MS2 00 per share FHC8 Capital Reduction Scheme to reduce par <alue of shares from
      282 words
    • 852 20 BONDS, LOANS WARRANTS Company Coiwniow pmitd Convgraon twin tw wt »"*Mry tlwra CtC Wt Before 26 4 93 1 warrant ptus $3 09 cash Causeway Low Causeway lift 2 10 89 to 20 10 94 1 warrant plus $0 77 cash or 1 warrant plus $0 77 nominal amount of
      852 words
    • 206 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Mi: *****7 (28/1/91) 1*1 ""ft *****4 (28/1/91) 1991 tow 1022 52 (16/1/91) 1"! I®* 1149 08 (16/1/91) 1990 f«fh: *****3 (16/7/90) 1990 h*h: 1607 12 (2^/3/90) 1990 tow 981 07 (09/11/90) 1990 low: 1079 50 (11/10/90) 1989 htfi: 1322 00
      206 words
    • 146 20 Fraser Neave Ltd: 92nd AGM and EGM at 475 River Valley Road. Singapore 1024 on Thursday. Jan 31. at 10am Roiy Electric Industries (M) Bhd: EGM at Ballroom 3. Ist Floor. Ming Court Hotel. Jalan Ampang. ***** Kuala Lumpur on Monday. Feb 4. at 3 30pm Cycle Carriage
      146 words
  • Page 20 Advertisements
    • 155 20 THE GROWTH TRIANGLE A Special Business Times Survey February 26, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of
      155 words

  • TOKYO STOCK EXCHANGE
    • 2219 21 Reuter TOKYO stocks closed easier yesterday after a lacklustre session as most players took to the sidelines ahead of the beginning of trading for February accounts today. Brokers said the market was also watching how overseas share markets, which mostly ended higher last
      Reuter  -  2,219 words
  • STOCK EXCHANGE OF HONGKONG
    • 2171 21 AP SHARE priccs on the Hongkong stock exchange closed mixed in active trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, lost 8.07 points, closing at 3,198.29. Turnover amounted to HK$ 1.269 billion (US$l62 million), down from Friday's HK$
      AP  -  2,171 words
  • Page 21 Advertisements

  • REGIONAL STOCK MARKETS
    • Seoul stocks edge up on selective buying
      • 875 22 SEOUL shares rebounded slightly following two days of losses as speculative investors bought defence related shares, although there was some short-term profit seeking in the afternoon, brokers said. The composite index closed the day at 633.93, up 1.73 points from the previous session. Turnover was weak at 139.7 billion
        875 words
      • 708 22 THAI stocks rallied in moderate trading yesterday, fuelled by selective buying of cement and construction issues by local and foreign institutional investors, bro- kers said. The SET Index closed 7.56 points higher at 637.25 on 1.2 billion baht turnover. Siam Cement rose 16 baht to 598 and Siam City
        708 words
      • 386 22 THE Taiwan stock index wavered in early trade on slight selling yesterday, but moderate buying at the market's low pulled the index up to close higher, dealers said. The weighted index finished 124.85 points, or 3.1 per cent, higher at 4,148.15 compared with Saturday's 4,023.30 close. Turnover was NT545.7
        386 words
      • 591 22 PHILIPPINE shares rose past a psychologically important average price barrier as investors put aside Gulf war worries and continued to focus on improving market fundamentals, brokers said. The Manila Stock Exchange composite index closed 15.16 points higher at 706.71, extending last week's rally and bouncing back above the 700-point
        591 words
      • 103 22 THE New Zealand share market ended scarcely changed yesterday after an extremely quiet day due to an Anniversary Day holiday in Auckland. Brokers said a holiday in Australia also kept investors on the sidelines. "It should be back to business as usual tomorrow," a broker said. "The domestic
        103 words
      • 652 22 PRICES on the Jakarta stock exchange closed slightly higher yesterday, bringing the official index 0.62 points up to 384.83. Turnover jumped to 1.31 million shares from Friday's 695,192. Brokers said the market was quite active as many investors looked for strong companies. Computer distributor Metrodata and nickel producer Inco
        652 words
      • 1168 22 Close PrHoa Ju 28 SYDNEY All Ordinaries Inde* Closed 1.295.6 All Industrials Inde* 2,007.9 All Resources Inde* 7509 Turnover (million) 96-' BANGKOK SET Inde* 637.25 629.69 +7.56 Turnover!million baht) 1,200 1,560 -360 JAKARTA Composite Inde* 384.83 384.21 +0.62 mm Composite Inde* 706.71 691.55 +15.16 Turnover (million) 2,100 1,800 +300 SEOUL
        1,168 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 989 23  -  THE S KAN CjL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks. yen, sterling. Swiss francs, Nikkei Stock Index Futures and
      Source: TeleTrac  -  989 words
    • 1178 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Mar 91 92.84 92.87 92.84 92.86 4149 ***** 5724 Jun 91 92.93 92.97 92.93 92.96 1505 ***** 2842 Sep 91 92.82 92.84 92.82 92.83 466 3787 1344 Dec 91 92.56 92.58 92.55 92.57 235 4289 220 Mar 92
      1,178 words
    • 535 23 ASIA THE US DOLLAR held in tight ranges yesterday throughout the European morning session with no fresh news to stimulate the market. "Over the next couple of days it's going to take a lot to move this market," said Jill Gore,
      535 words
    • 403 23 Cross rates Jan 28 USS SS MS Dm Yen SFr A$ NZS USS 1.7280 2.6975 1.4895 132.70 0.5114 1.2600 1.2845 1.6750 S$ 0.5787 I 5611 0.8620 0.7679 0 2959 0.7292 0.7434 0.9694 MS ***** 64.06 0.5522 0.4919 0.1896 ***** 0.4762 0.6210 |)m 0.6714 I 1601 1.8110 8909
      403 words
    • 565 23 Interbank rates S$ Bid Offer Overnight 4 3/8 4 1/2 1-month 4 7/8 5 2-month 4 7/8 5 3-month 4 7/8 5 Overnight mode 5-3/8 US$ Bid Offer 7 days 6 7/8 7 1 month 6 7/8 2 months 6 7/8 7 3 months 7 7 1/8 6
      565 words

  • COMMODITIES
    • 389 24  -  By David Chew THE JOHOR State Economic Development Corporation (JSEDC) has found out that it pays to literally go bananas in its crop diversification programme. The Cavendish bananas, originally from South America, and which the JSEDC plants on 404 hectares of land, are
      389 words
    • 277 24 Reuter THE Soviet Union will give Japan total control over oil taken from a major field off the coast of Soviet Sakhalin if the two countries procced with a joint development project, a Japanese daily reported. Soviet officials will unveil concrete proposals for
      Reuter  -  277 words
    • 843 24 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market closed at its lowest level for this year at MS 14.81 per kg, down 20 sen from last Friday's close. Dealers attributed this to heavy selling pressure as a result
      843 words
  • 1436 24 Rubber Jan 28 MS (te> in tote*) Scents/kg Noon Close Inl I KSK I'nmipt I42.75/I43.75N I42.7VI43.75N Int I RSS Feb 91 143.75/144 25 143.75/144 25 Inl I KSS Mar 145 25/145 75 I45.2VI45.75 Int 2 RSS Ol' 142.25/144 25N 142.25/144 25N Int 3 KSS OP 137.25/139 25N 137.25/139.25N Int
    1,436 words
  • Page 24 Advertisements
    • 704 24 NOTICES NOTICE NOTICE IS HEREBY GIVEN thai, I, Lum Yew Cheong of BDc 443, Sin Ming Ave #07-435, Singapore 2057, have applied for a First Class Public House licence in respect of premises at Windy Pub at 407 Sembawang Road, Singapore 2775, and that this application will be heard in
      704 words
    • 335 24 VANDACO ENTERPRISES (SINGAPORE) PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Sophia Road #04-16 Peace Centre Singapore 0922 on Wednesday 23 January 1991, the following Special Resolutions were duly passed:1. That the Company be wound-up voluntarily
      335 words
    • 12 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page 1
      12 words

  • THE TRAVEL PAGE
    • 1135 25 City FligM ETA Flight ETD I Abu Dhabi GA893 1235 GA892 0355 GA974 2135 GA886 2220 Adelaide SQ228 1910 QF82 2115 QR 2155 Amman RJ83 0350 Amsterdam GA893 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Athens SQ24 2215 Auckland NZ35
      1,135 words
    • 145 25 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.334 1.364 Canadian dollar 1.472 1.492 NZ dollar 1.019 1.029 Sterling pound 3.364 3.394 US dollar 1.7230 1.7330 Local dollars to 100 units of foreign currency Austrian schilling 16.20 17.00
      145 words
    • 904 25  -  POSTCARD FROM SPAIN By Tom Burns FEW TOURISTS explore the Tietar valley and the (iredos Sierra in Spain. Among this discriminating group for the past two summers has been British prime minister John Major. The British premier would never have visited these idyllie settings were not
      904 words
    • 63 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Feb 4-9 International Netherlands Koninklije (31)30/*****1 Feb 9-17 International Hamburg Hamburg Messe *****569-0 Building Nederlandse Tourism. Caravan Und Congress Construction Jaarbeurs and Automobile GmbH Exhibition Exhibition Feb 7-12 International Valencia. Fena Muestrano ********** inn Toy Fair Spain
      63 words
  • Page 25 Advertisements
    • 53 25 For almost I J H fl has boon ■H 1 the big news. But we have Mfcga ''--V s v•> >&& f i Mimmm I J®— The latest news and much more. j From lunch-time Monday to Saturday &.>& -v\;.'»hv<f4< <§ i< £1 ¥$o'l&fl4>i- 4 »w^^ ->>^^>^SS^v^ s xsn^« •>>»<>»^>s
      53 words
  • Page 25 Miscellaneous
    • 231 25 across —p ——p —E —p p mmmm 1 An incomparable personal Lag HHH H H H 10 One who orchestrated everything he covered(s) j 11 Writer of work carrying a ■■I hall-mark(9) _JBL_JS_ 12 Three yuan traded for a 12 Mil |j Weber overture(9) By no means unhappy changing train(s)
      231 words
    • 211 25 Singapore Outlook: Occasional showers in the late morning and afternoon. Forecast: Maximum temperature 29.3* C Assoc humidity 76% Minimum temperature 23.0 r C Assoc humidity 97% Hours of sunshine 1.35 Rainfall in mm 8.4 Rainfall this month 116.1 Rainy days this month 12 World forecast Asia-Pacific Hi/I.o* Cond. Auckland 24/19
      211 words
    • 16 25 I:iTEi*V > i EVJ Tue Moaes I BOUGHT XX,7} \so uoho UHD Hj,,KG m,sseP mytea..J gjc. LTD.IMI-IMI
      16 words

  • 501 26  -  New triangles possible to promote linkages: Mah By Shoeb Kagda ECONOMIC cooperation between Singapore and Pahang could follow the path that had already been established between the Republic, Johor and the Riau Islands, said Minister of State for Trade and Industry and Communications
    501 words
  • 183 26 THE VIABILITY of a water agreement between Singapore and the Malaysian East Coast state of Pahang was discussed yesterday between the state's Chief Minister, Tan Sri Mohd Khalil Yaakob, and Prime Minister Goh Chok Tong. Speaking to reporters yesterday before his meeting with Mr
    183 words
  • 256 26 AIMING to enhance its image, Singapore plans to embark on a long-term publicity drive in Hongkong, according to the South China Morning Post. It quoted the Commissioner of Singapore, Mr Gordon Li-ming Seow, denying that Singapore was encouraging the brain drain
    256 words
  • 674 26  -  The Bottom Line LEONARD SILK LEONARD SILK The writer is a columnist with The New York Times, where this comment first appeared. THE PROBLEM of managing the US economy now is complicated by the war in the Persian Gulf, coming on top of
    674 words
  • 384 26 Reuter JAKARTA'S stock market, already down in the dumps over the Gulf War and high local interest rates, stands to take another hit from reports last week of fraud at a broking house. "It's bad promotion. I'm afraid local and foreign investors
    Reuter  -  384 words
  • 237 26 THE HONGKONG Bar Association may tighten controls on the admission of Queen's Counsel from the UK in a bid to safeguard career opportunities for local barristers, the South China Xforning Post reported yesterday. The association says favourable circumstances for
    237 words
  • Page 26 Advertisements
    • 295 26 JIL Baume Mercier GENEVE 1830 HOUSTON, TEXAS PROPERTY INVESTMENTS Guaranteed Initial Return of 10% on fully-leased luxury garden apartment buildings in prime locations. Mortgage finance available at 9.5% interest rate. Price: US $35 million for The Park at Lakeside, in the desirable westside erf the city. US $14 million for
      295 words
    • 52 26 Baume Mercier GENEVE 1830 FULLY FURNISHED EXECUTIVE OFFICE for the mete price of a room! Complete facilities telex, fax, copier word processing, secretarial services, conference room, answering service, long snort term lease you name it! Your inspection enquiries welcome WORLD-WIDE BUSINESS CENTRES (S) PTE LTD #1104 06 Peninsula Plaza, Tel:
      52 words

  • Shipping Times
    • 390 27  -  By Dexter Lee THE PORT of Singapore Authority (PSA) is buying more container handling equipment for the Tanjong Pagar Terminal and Brani Terminal as part of its $884 million expansion programme this year. Yesterday, PSA executive director Ng Kiat
      390 words
    • 399 27 THE GULF imfm® AFP SHIPPING tonnage transported via the Suez Canal, initially little affected by the Gulf crisis, has dropped sharply since hostilities broke out on Jan 17, although the average number of vessels remains unchanged, the canal's chief official said. Daily shipping tonnage,
      AFP  -  399 words
    • 561 27 Lloyd's List SHIPPING companies with Hongkong-flagged vessels are finding it difficult to recruit crews for ships which have to be sent to the Gulf despite the offer of double pay. Hongkong ship managers are being flooded with inquiries
      Lloyd's List  -  561 words
    • 156 27 Lloyd's List THE ALLIES' war effort has absorbed so many civil rollon, roll-off ships that military charterers are taking increase ing amounts of general purpose tonnage. US and British war supply organisers, who made early inroads into ro-ro availability, are being obliged to pay well above
      Lloyd's List  -  156 words
    • 261 27 UPI EGYPT'S national airline, struggling financially since the Aug 2 Iraqi invasion of Kuwait, said on Friday it would begin charging as much as US$7BO extra per ticket to cover the cost of escalating insurance. Egypt's semi-official Middle East News Agency (Mena) said the
      UPI  -  261 words
    • 242 27  -  By Rahita Elias US-BASED parcel delivery company Federal Express has introduced a three-point improvement of its service in Singapore, said a senior company official. Mr Michael Goh, regional manager for South-east Asia, said the improvements "which have been in the works for several months"
      242 words
    • 181 27 Reuter TOKYO and Moscow have agreed to open a new JapanSiberia air route between the northern Japanese city of Niigata and Irkutsk in Soviet Siberia, a Transport Ministry official said on Saturday. Japanese and Soviet officials, winding up Ave days of talks
      Reuter  -  181 words
    • NEWS SUMMARY
      • 61 27 ONCE upon a time. Chuan Hup Holdings had dreams of being an international conglomerate but the dream turned into a nightmare when it grew too fast, too soon. Today, having learnt its lessons and wiser from the beating it got, the group is consolidating its position and
        61 words
      • 44 27 A HIGH level report on transport in the European Community led by two former transport ministers has proposed higher taxes on consumers in order to establish an infrastructure fund to finance "clean" systems for the future B»ck P«ge
        44 words
      • 41 27 USAIR, abandoning hopes to become a major force on the west coast as it is in the east, is pulling out of six markets in California and two in Washington State Back Page
        41 words
      • 62 27 EL AL is so confident and committed to its role as a lifeline to the Jewish state that it is now the only airline flying in and out of Ben Gurion Airport, outside of Tel Aviv. A spokeswoman for El Al in New York said
        62 words
    • LOG BOOK
      • 155 28 THE LLOYD'S of London insurance market on Friday increased insurance rates for air cargoes worldwide but cut rates for sea cargoes going to Israel and Jordan. The upward move reflected increased concern about possible terrorist attacks on commercial aircraft because of the Gulf
        155 words
      • 80 28 KOREAN AIR on Sunday received its first delivery of an MD-11, a new generation passenger jet developed by McDonnell Douglas of the United States. The South Korean flag carrier thus became the first airline in Asia to introduce the new plane. Its price is about
        80 words
      • 71 28 AUSTRALIA and Taiwan said they agreed on Saturday to start a direct air link between the two countries soon. The agreement takes effect after the approval of both governments. Australia's state-owned Qantas Airways Ltd has formed a subsidiary, Australia Asia Airlines, to operate the service. Taiwan's
        71 words
      • 64 28 SOUTH KOREA has stepped up security at Kimpo Airport, Seoul's only public international airport, after an alert indicated that Middle-East terrorists are in north-east Asia. A spokesman for the Korea Airports Authority said the number of security guards around the airport has doubled and all have
        64 words
      • 72 28 BRITISH Aerospace said its policy regarding its 3,500 civilian employees in Saudi Arabia is unchanged and that it is continuing to review developments in the Gulf. This followed missile attacks by Iraq on the Saudi cities of Dhahran and Riyadh. Many of BAe's workers are based
        72 words
      • 59 28 CATHAY Pacific Airways will raise by 10 per cent its passenger fares on South-east Asian routes and those to Taiwan and South Korea effective on Friday. Cathay spokesman said the hike was unrelated to the Gulf war or higher oil prices as the application was made
        59 words
    • 1421 28  -  Marine-based Chuan Hup, which has been through hell and high water over the last few years, has bounced back with a vengeance. Managing director Jimmy Peh tells Ranita Elias about the group's future directions and the challenges ahead Rahita Elias ONCE upon a
      1,421 words
    • 954 28 Jan 29-Feb 2: Dubai '91 Air Show, Dubai, United Arab Emirates. Feb 3-5: ICAA/AOCI Conference on Competition in the European and Asia/Pacific Air Transport markets, organised by ICAA European Community Bureau, The Oriental, Singapore. Feb 6-8: World Trade and Transport Exhibition, organised by World Trade Promotions Ltd, Hong
      954 words
    • 12999 36 This is a list of ships loading E Ge at Singapore tor ports around 31 (k the world. It tabulates, by 31 K destination, the name of the Ever ship, the shipping line involved and the estimated Lau 'J dates of arrival and departure Maj< from the
      12,999 words
    • 3284 41 -A.BC Containerline NV: Belsin •Shpg Agencies Pte Ltd (SyManne Sdn Bhd (PK/PN). •Accord Group: Accord Shpg Pte Ltd 3syAccord Contr Line (PK/PN). 'Adkris Business Corporation Calsource Shpg Trdg ♦Pte Ltd (S) "Ahrenkiel Liner Service Kim Shpg A •-Trdg (S). Sen-Air Service Frata Shpg Ltd (S). 'Alfred C Toepfer
      3,284 words
    • 250 41 Abacus Couriers Tel: 545-8011. Fax *****98 Air Express Trawl Tel: 533-5771. Fa*: *****44 Airborae Freight C orporation Tel 542-8844 Fa*: *****16, *****80 Airswift Worldwide Courier Tel: 278-0188. Fa*: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fa*: *****75. City-link International Tel: 344-3377. Fa*: *****50. Cluster Link Supplies A
      250 words
    • 1489 41 A hex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fa*: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroliak Freight laternatioaal Td: 545-8033. Fa*: *****05. Td: 542-5911. Fa*: *****18. Air Cargo Now Express Tel: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air
      1,489 words
    • 2858 42 ARGENTINA San Ixmniu: Vessel which ran aground south of San Lorenzo last week was refloated Jan 22 morning. Rosario: Two vessels operating of which I loading grain. I loading vegetable oil; 4 vessels berthed awaiting orders of which 2 in ballast. 2 already loaded; 2 vessels in roads
      2,858 words
    • 510 42 SHIP SALES TANKER RATES VESSELS SOLO FOR FURTHER TRADING Greek buyers maintained their strong presence in the secondhand bulk carrier market. The following vessels were bought by Greek interests. New Diana: 31,736 dwt and built in 1976, was reported to have been sold to for about US$4.7 million to US$5.l
      510 words
    • 546 42 ARRIVALS DEPARTURES Op Might Type ETA T From Op Flight Type ETP T To TODAY TOOAY JAL JL6I7 B747F 0200 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0220 I SEL FDX FM66 B747F 0300 I BKK/HKG/ NCA KZ205 B747F 0310 1 NRT NRT/ANO
      546 words
    • 331 42 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Pep NitafVcutl ETA FTP Pom of Calls Port Age* JANUARY 29 29 Ocean Pearl 0700 1900 Semarang-Sin-Jakarta Reefer Lines FEBRUARY 01 01 Vignesswara 1200 2000 Cruise-To-Nowhere Greenseas Shipping 02 02 Ocean Pearl 0300 1800 Cruise-To-Nowhere Reefer Lines 02 02 Vignesswara 1300 2000 Cruise-To-Nowhere Greenseas
      331 words
    • SHIPS IN PORT
      • 562 43 *««l Voy No Berth Vnval Departue Vessd Voy No Berth Anvil OojurtiM Loikaw 168W P20 2801/1900 3001/1500 lnn le 2801'2300 Jade 02£ P2B 2801/2359 3001/0600 SS 3 15 aS 3001/1200 Trang 8 1/91 PIC 2801/1600 2901,0600 KotiTpusaka E882 m S 3101 0600 J-H- 259A P20 2801/2000 2901,1800
        562 words
      • 1204 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance WU Sty Voy No Etb/Btr Pwiod From To From ACX Jade 32A 30/1500 1 28/1500 28/1659 28/1900 4 29/1200 29/1159 29/1700 ACX Robin 07H 31/0600 1 28/1500 28/1659 28/1900 4 29/1200 29/1*59 29/1700 Anro Temasek ***** 29/2130 1
        1,204 words
      • 236 43 Kuantan Port Berth 1: Mana. Berth 2: Mare Dorico Berth 3: Ikan Acapulco Berth 4: nil. Palm oi berth outer: nil Pafcn oi berth inner: Nand Ekta Mneral oi berth: ml Service jetty: ml. Anchorage: Proa. Golden Star. Nandu Arrow. Bangkaia, Harm Transport 9. Due on lan
        236 words
    • 1022 43 CHARTERING on the dry cargo freight market was active on Friday and attention was again focused on the grain sector, dealers said. Grain fixtures have shown a steadily firming trend recently, bolstered by Soviet enquiry for the mid-end February period. Some 25,000 long tons of wheat were fixed
      1,022 words
    • 336 44 Lloyd's List A HIGH level report on transport in the European Community led by two former transport ministers has proposed higher taxes on consumers in order to establish an infrastructure fund to finance "clean" systems for the future. The study, ordered by European
      Lloyd's List  -  336 words
    • 324 44 NYT USAIR, abandoning its hopes to become a major force on the west coast as it is in the east, said on Friday that it was pulling out of six markets in California and two in Washington State. The carrier also reported a loss
      NYT  -  324 words
    • 488 44 AP IN HEBREW, El A 1 means "to the skies," but for travellers who brave the airs above the war-torn Middle East, the name of Israel's national airline is synonymous with a single word: security. Consider the following: Every
      AP  -  488 words
  • Page 27 Advertisements
    • 108 27 SSWEE HBK METAL CO PTE LTD U TUA3AVE 14 SINGAPORE TELEX RS 20«7« SHMCPL TEL: 861 MSS(iknM» TELEFAX: Ml 2M« Ft* rang« inUACVO fc* Toiqu* umuKwr IUUt.UI //Ud^ Zommtoi iiiailamo, inoomkua JWmi LPO rmurrmma rlmLont CPV c£!L«« «nd 9*>n« llh W*mhov— Tru<*» C*m WW| PaM Trucfta AlcoDuy.Mll. ranultrapa* BRITISH OCSKJN
      108 words
    • 50 27 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Couner Services 15 Cruse Ferry Schedules 16 Daily 1? Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10,11 Shpsaies/Tanfcer Rates 16 Ships in Port 17 Singapore Tides 17 Transport Diary 2 Weather and Sea Condrt»ns 17
      50 words

  • Page 28 Advertisements
    • 102 28 FOR WHO, WHAT, WHERE AHD WHEH IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words

  • Page 29 Advertisements
    • 2066 29 JARDINE SHIPPING AGENCIES AMSIVA 200 Cantonment Road #12 05 Southpoint. Singapore 0208 Alll#/ Tel *****11 TELEX NO RS ***** ierminal.cfs iei *****18 220 IVBAAAfIrI BOOKINGS Tel *****34 258 1 VCGQf J FSAKA JARDINE SHIPPING AGENCIES PORT KELANG TEL *****18 MA***** MA***** PENANG TEL *****4 TELEX MA***** CFS TEL *****6 VI
      2,066 words
    • 925 29 INDEX TjUDttRTISERS Pigt Col P* Col IAI 1 M Mac-Nels Agencies 14 1/2 ABC Containerhne 13 5 Macoline 18 2/3 Accord Group 8 1-3 #M aerskLine 3 4/5 Albatros Sea-Air 14 3 #M |SC 14 1.3 APL 5 3-5 APC Line 13 4 M'sia Shpg Corp 9 1/2 Arrow Lines
      925 words
    • 2088 29 SAILING TO HONGKONG AND JAPAN TORBEN MAERSK V.9102 ETA 1/2/91 Vessel Voy ETA I ETD "Port "Penang DESTINATIONS Singapore Keiang This Laura MafW 9103 Feeder by CV if 2 0000 MRS Farco ■■I CFS 2yf»9 MRS M TWo OAK LGB HOU MEM ATL MIA CHS BAL PML NYC MON TOR
      2,088 words

  • Page 30 Advertisements
    • 1293 30 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE ■fißll KASUOA ia/511 29/1 15/2 17/2 20/2 BvLJIIH BREMEN EXPRESS 01/510 4/2 29/2 23/2 22/2 28/2 LIVERPOOL BAY 03/514 4/2 21/2 24/2 26/2 I. ALL P. KATSURAGI 04/513 7/2 28/2 25/2 25/2 25/2 KtLANC PENANG CARGO BENALDER 99/5.7 .1/2 28/2
      1,293 words
    • 502 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT 1., J. lIONTAM. 21-2X/I 912 11/2 18/2 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO L J BONTANG 21-28/1 1/3 2/3 5/3 6/3 7/3 Callio or Santiago via
      502 words
    • 1370 30 REGULAR INDEPENDENT FULL CONTAINER SERVICE WEST66UND FOR EUROPE r" VSL/VOY SIN ALG BCL HAM BRE ROT ANT PEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MANSOORAH 9047 3 29/01 16/02 17/02 21,02 22/02 23/02 24/02 25/02 26/02 ARABIAN SEA 048W 04/02 25/02 26/02 01/03 02 03 03/03 04,03
      1,370 words

  • Page 31 Advertisements
    • 1575 31 SjgSteamers Maritime Holdings Lldj Ife- --> fIVIV STRAITS SHIPPINGI OmV/ 1 J SIIIUM la BrwMi, East Malaysia, I Containers ,l I Voy No P Hlang S puie S'ton M'tKiif B'haven Wcl»m Le* ACCEPTS tKJt SAILS I AASUCA I HSU 106 23f1l 29,01 IMB l/« l»« CAHCO I BWMIN EXPRESS 01(S10
      1,575 words
    • 1787 31 TO: U S.A /PANAMA FM: US A /PANAMA ii« w if; 3i"slS 58 SK"."V«i ffi Ti S3 li Z ■>' JS ssrsStTaWi-i. ss r, a a. s s TO: EUROPE FM: EUROPE SP RIM BMV ax AN* UN LCH BHV HAM fL* DTK ANR SP PANAMA SENATOR WF ltt »1
      1,787 words
    • 388 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ORANGE COSMIC ASEAN CHAMPION MOON TRADER TRADER TRADER VOY NO 9 IS 7 IS Spore 30/1 1/2 9/2 IS/2 P Kelang 1/2 11/2 17/2 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Hochiminh NOTE ALSO CALLING OTHER JAPANESE PORTS.
      388 words

  • Page 32 Advertisements
    • 712 32 MB CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOV S PORE ROAM ADAM H BURG BREMEN ANTWERP MA TAR AM MM 4/2 22/3 28/3 2/4 4/4 TRIAS UNITYDO2WB 4/3 6/4 12/4 17/4 21/4 FAST TRANSIT TIME 1 ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducement Also accepting cargo to Casablanca. Port
      712 words
    • 796 32 ift M* HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S port |LEH RTM ANR HAM BRV FEL CHOYANC SUCCESS 012E 4/2 H HAMBURC OOSE 4/3 7/3 HANJIN FELIXSTOWE 006W 37 28 2 1 3 2 3 3 4 3 5/3 HANJIN HAMBURG OOSE 11/2 DIRECT 4/3 7/J HANJIN
      796 words
    • 152 32 LIAN HUAT SHIPPING X CO., (PTE) LTD. WLMX 10 Anson Road. #14-19/20 International Plaza, \V m Singapore 0207. FAX: *****94 Tola: *****11/*****22 Tlx: RS ***** AB LENHUAT DAILY RECEIVING CARGO AT MARINA WHARVES GON MOl TEL *****19 ANO P2 TEL *****97 TO INDONESIA VESSEL ETA ETO DESTINATION WIRAS P(RMATA NO
      152 words
    • 1406 32 -j. T I. SCP HKC KSC KLC PUS HUT OS* NGT SUM TTO LAX CHS BAL NYC LHV ANN RDM THP HK PSO CMB PKL SCP I E GOLDEN R[ fl» 30.1 31/1 5/2 *2 *2 U/2 13/2 15/2 I*2 17/2 I*2 1,3 113 15,1 I*3 24/3 2M 271 2*3
      1,406 words

  • Page 33 Advertisements
    • 1471 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: 14 /V UK/EUROPE SERVICE- *****19 USA SERVICE- £*****6 AIJST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48'. MB- TERM NAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS:K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K^ng*(o3)^36B9BB7, Penang (04) 3631/0, J Bahru (07) *****3, *****4
      1,471 words
    • 1039 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 DISCHARGING FROM EASTBOUNO LOADING FOR WESTBOUND VESSELS VOYAGE |SPOtt |MAKIIA HKONG VOYAGE SPOKE MLANG MBUtG t'NAVCN TILtUDT WTT AWTWMP KH MPIN WHO
      1,039 words

  • Page 34 Advertisements
    • 1408 34 ■I—^^ I 51 K line KAWASAKI KISEN KAISHA. LTD. r exparr n amhhca pacific sovth-wbst ~7 impost n. amhuca rAcmc soitth-wbt~7 ((ima IHUI HOY *!NDO -PIM Rcp~l MOTHER VESSEL VOY IB OA* CHI NYC MOTHER VESSEL VOY HOUS L» OAK TRY FtOEl VESSEL VOY TKY SSF 2«?S M 2T IT
      1,408 words
    • 1214 34 PHiu omeNT un€S pt€ ltd 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 I TEL *****22/*****69 *****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER Of SINGAPORE FREIGI IT FORWARDERS ASSOCIATION FEB MONTREAL, OnAWA. ONTARI MUSCAT, BAHRAIN. ABU
      1,214 words

  • Page 35 Advertisements
    • 1578 35 aaaaPff pacific international lines (PTE) ltd m mKM PIL Building, 140 Cecil Street »03<X). Singapore 0106. I JAKARTA I BANGKOK I VESSEL VOY SIN BKK SIN VESSEL VOV SIN JKT SIN PEGASUS PROGRESS «53N 31/1 3/2 712 KOTA JADE 9102 30/1 1/2 SEA GLORY 9104 1/2 4/2 «/2 GOWA 9102
      1,578 words
    • 1145 35 r BEN LINE CONTAINERS LTD j 200 Cantonment Road Tel; *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** j EXPRESS CONTAINER SERVICE TO UK/CONTINENT l VESSELVOY SPORE PKLANG S'HAMPTON HAMBURG B HAVEN R DAM LHAVRE Kasuga mii 2W Via TOB 15tf 17/2 19/2 Liverpool Bay* 03/514 4/2
      1,145 words
    • 394 35 I ;T»11 i=f■! j M MYANMA |Bk FIVE STAR LINE w (Myanmar National Line) Loading for Yangon (Rangoon) I S pore P Klg Pen P.Gdg J LOIKAW VI6BW In Pt HPA AN VIS9W 30 31 Jin PINYA VIUW In Pt PATHEIN VIOSW 917 Feb MYOMAY#A VI32W 4 6 Feb THE
      394 words



  • Page 38 Advertisements
    • 954 38 JB"? R rl'? FS SL^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FIX BRV ROM ANT HBG PANAMA SEN WFI« 31 1 2ii2 23>2 22 2 26/2 EUROPEAN StN *FlO7 5/2 0.3 2 3 2»i2 10)3 BRANDENBURG WMldb S/2 6.3 5,3 S3 7.3 3/3 SOH LANO
      954 words
    • 1036 38 rSBESETI CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE ~02/02 09/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 102 8/02 MANILA 2/02 9/02 PENANG 1,02 8/02 BUSAN 2/02 9/02 |BANGKOK 31/01 A 2/0? TOKYO 31/0!
      1,036 words
    • 274 38 to* PI NO FOR VISSFI fsPO»f ICBO 06N BAIRES WvltKO *10 STS ¥IT PAOJA NOMMIN* 14 I 11 171 Ml *5 Oft vtitfi; Discharging fM bra/u vissii ~~l M c 11 1111 ,0 c 0 0B MosnmiM I j v siwi l _s J JH i IM »i »> I
      274 words
    • 1404 38 t S 15 i£ t 5] CHINA OCEAN SHIPPING COMPANY kmc FULI tONTA,NRR UNER SERV,CE #15 00. SINGAPORE 0207 riRI F rOSTARHNF CR NO **********0 M CABLE COSTARLINt General Agents: CO6TAR SHIPPING PTE LTD j FROM EUROPE VESSEL VOT I SCP ROT HAM fix ANT DK* VESSEL VOY Ftx ROT
      1,404 words

  • Page 39 Advertisements
    • 894 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Drains 31/1, K/2 EUROPE all Ports 5/2, 12/2 BANGKOK 31/1, 3/2 HONGKONG/CHINA 31/1, 4/2 SYD, MEL, ADEL, BRIS 5/2, 13/2 EREMANTLE 1/2, 8/2 MANILA 7/2, 14/2 PKLG/PENANG 3/2, 10/2 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang
      894 words
    • 261 39 RICHFIELD MARINE AGENCIES (S) PTE LTD B3 TEL *****33 (12 Unas) m FAX: *****15/*****03 |fTi| TELEX: RS ***** RISHIP (3 Lines) \l&\ ETHIOPIAN SHIPPING LINES |r (National Lines of Ethiopia) ACCEPTINGHFCL AND CONVENTIONAL VESSCL IVOV ETA LOADING FOR SPORE ABBAV WOfil TTwB 10/02 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE
      261 words
    • 780 39 T feBU_P.T. MASKAPAI PELAYARAN WPULAU 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 r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BINOAPORI INDONESIA SIBVICg VSL VOY SIN JKT
      780 words
    • 616 39 cr no io33wwooof BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK ~~1 VESSEL IvOY S'PORE CEBU MANILA MAHA BHUM# 44N Tut In Pt Fri 1/2 KITI BHUM 058 31/1 6/2 8/2 DEJA BHUM m Tue 29/1 Fri 1/2 SO STAR 06A 7/2 13/2 15/2 NANTA BHUM 26N Wed 30/1 Sit 2/2 KITI
      616 words
    • 318 39 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ellen huoig V2MH ETA 1/2/91 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl Hfi Fix Ham Ant Fos/NUr Liv Sport E. HUDIG 15/2 25/2 19/2 23/2 5/1 16/1 2VI
      318 words

  • Page 40 Advertisements
    • 1234 40 m m MAC-NELS SINGAPORE export tel nmn mPttT tel n\mT\ PENANG TEL: (04) *****6 |KK TEL (088) *****0, TAWAU TEL (089) 7786/9 rTrTrTrrrTTl P KELANG TEL: (03) *****77 [KUCHING TEL (082) *****3 SKAN TEL (089) *****2 MV/V-J J. BAHRU TEL: (07) *****2 IsißU TEL (084 *****2 LABUAN TEL: (087) 4
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    • 410 40 fimr- BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK ITT PREMIER 10S 2 Feb IS Feb Vu NPI 17
      410 words
    • 950 40 /Zm 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 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES)" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH tutu. Kg In* Ikct Kna \wi In* kit KIM SOON LI 4/91E 02 FEB
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  • Page 41 Advertisements
    • 34 41 C P Ff JJu I4SJ SINGAPORE to MALDIVES M 1 Si |W SINGAPORE to HUNGARY 8% E ill I ill SINGAPORE to SPAIN MM'IHM SINGAPORE to SRI LANKA COMMENCED IST DECEMBER For CALL 7505
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  • Page 43 Miscellaneous
    • 449 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0(00 0700 0800 0900 1000 1100 *****300 1400 *****600 *****100 1900 2000 2100 2200 2300 JR 2 3 2.1 18 15 13 13 15 1.9 24 29 32 31 28 23 1 7 1.1 0
      449 words

  • Page 44 Advertisements
    • 371 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUORA AGUNG ABADI JAYA 12 PEKAN BARU/DUMAI kSala SIAK V 12 balikpapan/samarinda SENGGATA (TG. BARA) 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 heavylift cargo.
      371 words
    • 637 44 /HYUNDAI) I MERCHANT MARINE CO. LTD. j EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI PIONEER 38E W 7/2 25/2 28/2 1/3 2/3 CGM PASCAL 00" 25/12 28/12 1/1 W 27/1 HYUNDAI COMMANDER 23E
      637 words
    • 526 44 CHARTPOINT Every Saturday in Business Times IrEr —b 1 TC OUR „<; A akabhum Tim ~U" alligator priqe mq~ wan jM_ jw_ »g_ gg_ 2L SFRVIPP PAI I C tHUM 755T —"iT ALLIGATOR CLOUT IBM 11/2 2/3 _*L Jil JUL »tHVICE CALLS AXA axud VK2N —Ml ALLIGATOR VICTORY V»MS l»/2
      526 words