The Business Times, 8 February 1991

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Friday February 8 1991 75*
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  • NEWS SUMMARY
    • 50 1 NORTH KOREA has crushed an anti-revolutionary plot within the ruling Workers Party, Japanese news reports said yesterday. The reports quoted Radio Pyongyang as saying "anti-revolutionary elements" were crushed under the leadership of Kim Jong 11, the son and heir apparent of President Kim 11-Sung.
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    • 35 1 PROMET BERHAD will continue with its project to develop the Tanjung Rhu Beach in Langkawi into an international tourist resort, Kedah Mentcri Besar Datuk Seri Osman Aroft" said yesterday.
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    • 41 1 THE NUMBER of foreigners granted permanent residence in Singapore reached a high of 23,000 last year, said Dr Paul Cheung, director of the Ministry of Health's Population Planning Unit, at the International Conference on Migration Page 2
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    • 22 1 CREDIT expansion of commercial banks which moderated in June slowed further in November, the MAS has announced Page 2
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    • 35 1 MALAYSIA, concerned that a North American Free Trade Zone may discriminate against Third World countries, wants any agreement between the US, Mexico and Canada to honour international free trade principles Page 7
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    • 29 1 CANADA and Mexico were in dispute with the US in Gatt talks on Wednesday, just a day after they decided to negotiate a free-trade zone Page 8
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    • 26 1 THE US is apparently ruling out sanctions to encourage Soviet reform but is offering medical aid to the Baltic republics Page 8
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    • 25 1 TV DOCUMENTARY host Dr David Suzuki is obsessed with stopping what he believes is humanity's headlong plunge into environmental catastrophe Page 17
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    • 28 1 SHIPOWNERS and operators of Singapore-flagged vessels are facing increasing difficulty recruiting local seamen, especially for voyages into and around the Persian Gulf. Shipping Times Page I
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  • MARKETS SUMMARY
    • 44 1 SHARE PRICES on Wall Street opened on the upside yesterday with the Dow Jones average of 30 leading industrials up 4.21 points, at 2,835.15 points, five minutes after the opening bell. Advancers were outnumbering decliners by a ratio of six to five.
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    • 49 1 LONDON shares stood one per cent higher at midsession yesterday, as the market showed little reaction to a mortar bomb attack on 10 Downing Street. At 1207 GMT, the FTSE index was up 22.9 points at 2,217.7. Trading volume, at 302.8 million, was fairly strong by midday.
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    • 30 1 SUN HUNG KAI Securities is the first financial institution to sign up for the DBS Charity Investment Race, which kicks off next month Page 3
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    • 31 1 THE MMC GROUP has teamed up with Hongkong's Swilynn group and Japan's Unitech to set up a MSI3O million video tape manufacturing plant in Malaysia. Page 3
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    • 19 1 EUROPEAN bankers and officials have responded positively to proposed sweeping changes to US banking laws. Page 6
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    • Article, Illustration
      29 1 Thursday Change BT-MGA 630.13 +1.53 Kuala Lumpur ....519.50 +5.78 Hongkong 3,333.98 -31.48 Tokyo 24,104.43 +152.39 Sydney 1,344.3 -4.4 Wednesday Change New York 2,830.94 +42.57 London 2,194.8 -7.2
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    • 18 1 Exchange rates USS SSI.7100 Yen SSI.3297 MS SS0.6356 Money market rates Overnight 4-1/2% +1/4 3-month 4-9/16% unch
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    • 37 1 London Gold PM fix USS363.50 +USS2.60 Rubber S'pore Feb 144.75'/kg -0.80 M'sia Feb 228.50«/kg -0.50 KL Tin Turnover 25 tonnesunch Spot MS 14.72 /kg unch Crude palm oil Turnover 1,133 lots +56 Feb MS839 /tonne -9
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  • 413 1  -  Drastic measures include closing off tloors By Chitra Rajaram MAJOR hotels, which have seen occupancy levels falling to around 50 per cent because of the Gulf war, are taking drastic cost-cutting measures. Many have closed ofT several floors; others have stopped taking
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  • 398 1 THE GULF KM&ftfll Agencies AMERICAN President George Bush has assured President Hafez Assad of Syria that Washington will address the Arab-Israeli conflict after the Gulf conflict ends. Syrian officials said yesterday that Mr Bush had also assured Mr Assad that allied forces
    Agencies  -  398 words
  • 237 1 THE US DOLLAR closed higher on Asian currency markets yesterday after an overnight slide to a record low of 1.4472 marks. In Tokyo, the US dollar closed at 128.60 yen and 1.4525 marks, up from 128.18 and 1.4480 at New York's
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  • 121 1 AFP GUERILLAS fired three I mortar bombs at the residence of British Prime Minister John Major while he was holding a meeting of his Gulf War cabinet. Government sources said only one of the bombs exploded in the walled garden behind Number 10 Downing
    AFP  -  121 words
  • 620 1 Reuter US PRESIDENT George Bush has said the US recession does not mean that the American economy has lost its basic vitality, and he expects the downturn to be mild and brief. "I am certainly not discouraged about the economic future of
    Reuter  -  620 words
  • 133 1 MORE THAN five years after blue-chip refrigerator maker Pan-Electric fell beneath the weight of its debts, leaving thousands of shareholders holding worthless scrip, a glimmer of light appears to be brightening for several of the related companies that were dragged down with it in the
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  • Page 1 Advertisements
    • 234 1 r»n wlLllt I M *02-07 Odwrd brw»id l«l: 7)4*43) I 1W Tudof GaJtay /j4i a jj. I #03-0} Oduid. Tal *****11 I Qan* Gumm. Ha""*'* S Dr #02 -OO I M •01-11, UmjC" l TW: JJ739SI Aircraft Schedule 27 Money Market 25 World News 8 Commodities 26 Regional Co News
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    • 189 1 War seen changing oil industry ties, Pg 10 True aim is to devastate Iraq, Hussein hits out, Fg 10 US aid must come after review of M-E policy congressman, Pg 10 WITH Valentine's Dav predictions. Gulf war. around the corner, EL Personal Finance Even as war rages in the decides
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    • 4 1 Full report, Pg 3
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  • HOME NEWS
    • NEWS ROUNDUP
      • 79 2 SEMPATI AIR, a second airline of Indonesia, will inaugurate j its first scheduled service outside Indonesia to Singapore today. Sempati Air will fly daily to Singapore from Jakarta and back using a Fokker-100 aircraft with a seating capacity of 103 passengers. The airline will
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      • 62 2 JAPAN and Singapore are co-developing an Intelligent Com-puter-Aided Instruction (ICAI) system which will be used for teaching in tertiary institutions. The Record of Discussions for the project was signed yesterday between the National Computer Board chairman. Tan Chin Nam, and the president of the Information-Technology Promotion
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      • 129 2 CHANDRA DAS, the chairman of the Government Parliamentary Committee (Finance, Trade and Industry), yesterday announced the appointment of members to the resource panel. They include Leong Chun Loong, immediate past president of the Association of Small and Medium Enterprises; Keith l ay of the Institute of
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      • 77 2 1N AN article entitled "DY&R to make Singapore its regional centre in Asia" in yesterday's BT, we said James Ng will oversee the 11 DY&R offices being set up in Asia. This is incorrect as Mr Ng has pointed out that he is responsible only for the
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    • 509 2  -  International Conference on Migration By Anna Teo THE number of foreigners granted permanent residence reached a high of 23,000 last year, or an unsustainable rise of 10,000 from 1989. At this rate, the population growth rate may more than double,
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    • 362 2 WITH an estimated outflow of 6,320 citizens last year, the volume of emigration is nearing the floor level, said Dr Paul Cheung, director of the Population Planning Unit, yesterday. The number of Certificate of No Criminal Conviction (also known as Good Conduct Certificates) issued last
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    • 304 2  -  By Claire Leow BRITISH electronics and engineering firm General Electric Company (GEC) Singapore, now being restructured, has absorbed the operations of sister company, Avery South East Asia. From yesterday, Avery became a division of GEC Singapore. Avery is a specialist in weighing, measuring, testing
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    • 240 2 MONEY supply growth in Singapore during November 1990 "was on a gradual moderating trend", though seasonally adjusted data on a annualised basis indicated a steady slowdown. The Monetary Authority of Singapore, in its monthly statistical bulletin for December 1990, released yesterday, states that the credit
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  • Page 2 Advertisements

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 773 3  -  From James Shyong in KUALA LUMPUR AFTER years in limbo, shareholders of Grand United Holdings Bhd may see some light at the end of the tunnel this afternoon. The company's directors are expected to reveal the progress of a proposed restructuring
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    • 323 3  -  DBS CHARITY tINMESiME NILRAC El By Quak Hiang Whai HONGKONG-BASED stockbroker Sun Hung Kai Securities is the first financial institution to sign up for the DBS Charity Investment Race. The event, which kicks off next month, is sponsored by DBS
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    • 175 3 PAPER MERCHANT Hiap Moh has sold its building in Tannery Lane and bought a bigger one in Genting Lane to make room for future expansion, the company said yesterday. In a reply to queries from the Stock Exchange of Singapore, Hiap Moh said
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    • 522 3  -  From Al O Labita in MANILA SINGAPORE and Hongkong are expected to globalise their stock markets over the coming years, Tony Fung, chairman and managing director of the Hongkong-based Sun Hung Kai Securities (SHKS), said yesterday. Speaking at the start of
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    • 211 3  -  By Alvin Tay THE MALAYSIA Mining Corporation (MMC) group has entered into a joint venture with Hongkong's Swilynn group and Japan's Unitech to set up a Msl3o million (SsB2 million) video tape manufacturing plant in Malaysia. Essentially, the project involves
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    • 191 3 FIDELITY Investments, the world's largest independent investment manager, said yesterday that it will open a regional fund management and sales office in Singapore. The company has set up a new unit, Fidelity Investments (Singapore) Ltd, which will serve as the headquarters for Fidelity's business
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    • COMPANY BRIEFS
      • 61 3 THE STOCK Exchange of Singapore yesterday granted an in-principle approval to Nat Steel Ltd for the listing and quotation of its placement shares. Nat Steel has proposed a private placement of 9.64 million new $1 shares at $8 a piece. The new shares are to be
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      • 74 3 GOH TJU KIANG has stepped down as managing director of TLB Management Serv ices Pte Ltd and Tat Lee Insurance, both subsidiaries of Tat Lee Bank. But he will remain a director and chairman of TLB Management, and a director of the insurance arm.
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      • 87 3 —*r m. BERJAYA Corporation (Malaysia) Bhd, through its whollyowned subsidiary, Vestmac Enterprise Sdn Bhd, acquired an additional 10.61 million 50-sen shares in Sports Toto Malaysia Bhd in the open market from Jan 24 to Feb 4. The aggregate consideration for the above purchases amounted
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  • Page 3 Advertisements
    • 177 3 I've switched to ANA Hotel Singapore. J ANA HOTEL SINGAPORE I*. Vi'-im 11.11 Vtw.i| !•>_• I ..1,1., 1 1.-II l V lt.ll, K. H..*****- ..Ul II i t 1 1 I x i, i, v \\\llM\us :tsi" M i.. FOR THE WORLD'S MOST TREASURED WATCHES Piguet t houses some of
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  • REGIONAL COMPANY NEWS
    • 303 4  -  From Al O Labita in MANILA SINGAPORE-BASED ATS Pte Ltd, one of Asia's leading computer companies, will launch today its technology transfer centre in Manila to cash in on the Philippines' burgeoning software market. Edward Lee, Singapore's ambassador to the Philippines, will
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    • 558 4 AFP AUSTRALIAN gold stocks have fallen to a five-year low, defying historical trends and a surge on the nation's share market since the outbreak of the Gulf War. Stock market analysts warn gold stocks will keep tumbling because of the
      AFP  -  558 words
    • 242 4 Reuter THAILAND'S 15 local commercial banks recorded sharply higher growth for the second straight year in 1990 in line with a booming economy prior to the Iraqi invasion of Kuwait, Bangkok Bank Ltd said on Wednesday. The bank said in a report that Thai banks
      Reuter  -  242 words
    • COMPANY BRIEFS
      • 84 4 HOP HING HOLDINGS Ltd, Hongkong's leading distributor of edible oils, has teamed up with Japan's Yoshinoya D&C Co, Mitsubishi Corp and Mitsubishi Corp (Hongkong) Ltd, to develop a fast food chain in the territory. The company is the major shareholder of
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      • 56 4 PHILIPPINE consumer giant San Miguel Corp's Hongkong subsidiary yesterday inaugurated a joint venture brewery in the southern Chinese city of Guangzhou. The Guangzhou San Miguel Brewery Co is 70 per cent owned by the Hongkongbased San Miguel Guangdong Co and 30 per cent by Guangzhou Brewery,
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      • 71 4 BROKEN HILL Pty Co Ltd of Australia, which already owns 50.1 per cent of Hamilton Oil Corp, has proposed to the Hamilton board the acquisition of the Hamilton shares it does not own in a merger in which shareholders could elect to receive either As4o
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      • 45 4 HONGKONG'S New World Development Co Ltd is seeking to sell its four-star New World Harbour View Hotel. A company source said several parties have approached New World during the past few months to buy the hotel and that talks were underway.
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      • 52 4 CONSTRUCTION and civil engineering group Leighton Holdings Ltd said profits in the year to June 30 would be similar to last year. Leighton made the forecast while announcing an 0.6 per cent lift in net profit to A 59.49 million in the six months to
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  • Page 4 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • 521 5 Reuter Mcdonald's corp is changing its menu, but the appetite for its shares has slackened on Wall Street. While McDonald's still reins as the premier company in the fast food business, its domestic market share has eroded since the sccond quarter of 1988
      Reuter  -  521 words
    • 145 5 Reuter MATTEL INC said it increased its market share along with posting higher sales in 1990. "Our volume growth, achieved during a period of relatively flat or declining industry sales, has resulted in increased market share," chairman John Amerraan said. MattePs fourth-quarter earnings rose
      Reuter  -  145 words
    • 472 5 NYT ONE OF the financial heroes of the 1980s was the American venture capitalist, boldly riding the frontiers of new technology, creating jobs for the many and millions for himself. In the *****, his deep pockets arc zipped up, and foreigners are moving into
      NYT  -  472 words
    • 341 5 NYT THE BRITISH engineering group Davy Corp on Wednesday said it was close to agreeing to the sale of part of its business to Metallgesellschaft AG, the German metals and engineering group. Although the company refused to give details of the
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    • COMPANY BRIEFS
      • 70 5 DE BEERS CENTENARY AG has signed a contract with the government of Tanzania for rough diamond exploration. It said in Lucerne on Wednesday that new aerial survey technology would be used to identify deposits that would be further explored on the ground. De
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      • 86 5 KELLOGG CO has filed a shelf registration statement with the US Securities and Exchange Commission for US$llO million (SSIBB million) of debt securities and related warrants and eight million warrants. This filing combined with an outstanding shelf registration resulted in a total registration of US$3OO million
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      • 75 5 ASHTON-TATE CORP chief executive Bill Lyons is cautious about the company's 1991 performance due to the Gulf war and international economic uncertainty. The company reported an operating profit of US$5lO,OOO (*****,100) in the fourth quarter, but a net loss of US$5.6 million after taking a charge of
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      • 88 5 THE CHAIRMAN of Polly Peck International pic, Asil Nadir, has gained a "considerable period of time" to meet personal debt of some £50 million (Ssl7o million) owed to four brokers, said a legal source in London on Wednesday. A personal bankruptcy petition against Mr Nadir was
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 79 6 THE BANK OF JAPAN is willing to tolerate this week's fall in overnight monev market rates to below 8 per cent, but that does not indicate' a change in its monetary stance. "Our monetary adjustments arc flexible," said a Japanese central bank official
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      • 78 6 US FINANCIAL EXCHANGES are likely to suffer consolidation in the *****. James Jones, chairman ot the American Stock Exchange, told executives in Chicago on Wednesday: "The business is contracting and there is overcapacity. 1 think there will be fewer marketplaces five years from now than there
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      • 74 6 THE ASIAN Development Bank has launched a 20-billion-yen (***** million) dual currency public bond issue in Japan through an underwriting syndicate lead managed by Nomura Securities. The Manila-based bank said on Wednesday that the issue, the ADB's first of its kind, had a coupon rate ot
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      • 66 6 BANK INDONESIA has US$B.5 billion (S$ 14.5 billion) in foreign exchange reserves, or enough tor four months ot imports. Central bank governor Adrianus Mooy said in Jakarta on Wednesday that the amount was below Decembers level but gave no figures for either then or January.
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      • 2 6 Dollar$ Non$en$e
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    • 442 6 Plans seen as providing exciting opportunities UPI EUROPEAN bankers and officials on Wednesday welcomed the proposed sweeping changes to US banking laws, which have restricted many activities through severe depression-era regulations. "The American plans will certainly strengthen the US system, but will provide exciting
      UPI  -  442 words
    • 324 6 Reuter BANK INDONESIA will provide emergency credits to banks with liquidity problems as long as they are otherwise sound, central bank governor Adrianus Mooy said. "We have a banking law which allows us to give emergency credit to banks that have
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    • 459 6 NYT THE Securities and Exchange Commission is investigating whether several partners at Arthur Young improperly borrowed money for personal real estate investments from a large Texas bank that they had pronounced as financially sound. Lawyers and government officials in New York said
      NYT  -  459 words
  • Page 6 Advertisements
    • 140 6 Bank reform debate may scare off foreigners, Pg 25 .7. v t 'Z'' >" *K 4 i v 1 V 5 "V x :> i .V* 4-" ■r A v A w ?r. ff Tee off from the jewel of the archipelago lif Mlilll ||ffffMßfi Hfllff --'--niryfrCiw^*^'U*-g';*>'6eK y. ~7~ EWffBBI
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  • THE REGION
    • 534 7 Bernama A MALAYSIA-VIETNAM joint committee will hold its inaugural meeting in Kuala Lumpur after the Lunar New Year to determine aspects of development in Vietnam where the Malaysian public and private sectors can be of assistance, Deputy Prime Minister Ghafar Baba said
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    • 211 7 THE PACE of implementing development programmes in Indonesia is declining, said State Minister for Development Planning, Saleh AfifT. The implementation of such programmes excluding those under Presidential Executive Decrees (Inpress) during the first nine months (April-December) of this fiscal year declined to 43.18 per
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    • 199 7 Bernama INDONESIA has secured a US$lO4 million (*****.8 million) loan from the World Bank to finance its fifth population project in the next five years. The head of the country's Family Planning Authority, Dr Haryono Suyono, said the project, estimated to cost US$l4.B
      Bernama  -  199 words
    • 239 7 INDONESIA'S non-oil exports to the Middle East last year, previously estimated at a value of about US$95O million (SSI.6 billion), are expected to total only US$BOO million to US$B5O million due to the Gulf war, Junior Minister of Trade Soedradjad Djowandono said. He
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    • NOTE BOOK
      • 80 7 CHINA has "agreed in principle" to participate in developing the Mekong River following a resolution of the Cambodian war, a Thai Foreign Ministry spokesman said in Bangkok yesterday. China agreed to participate in Mekongrelated development projects during talks earlier this week between
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      • 88 7 PHILIPPINE President Corazon Aquino had her name deleted from a newspaper's write-in survey of potential presidential candidates for the 1992 elections, palace officials said in Manila yesterday. Aides of Press Secretary Tomas Gomez confirmed that he had sent a letter to the Daily Globe
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      • 126 7 INDONESIA expects the number of foreign tourists in 1991 to rise by 23 per cent despite the conflict in the Gulf. Posts, Telecommunications and Tourism Minister Susilo Sudarman said the estimate was based on the assumption of zero tourists from Europe, the United States and the
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      • 46 7 VIETNAMESE television has begun broadcasting its news programmes abroad by the Stationar 13 satellite, the Vietnam News Agency (VNA) said in Hanoi on Wednesday. VNA said the broadcasts, which began on Monday, could be received in "most Asian countries, Africa, Europe and Oceania".
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      • 83 7 NORTH KOREAN businessmen have been urged to invest in Selangor to take advantage of the opening of new prime industrial areas outside the Klang Valley. The Selangor director of the Malaysian Industrial Development Authority (Mida), Puan Jalilah Baba, said in Shah Alam on Wednesday that
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  • Page 7 Advertisements
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  • THE WORLD
    • 522 8 Disputes come hot on the heels of plans for three-way free-trade zone Reuter CANADA and Mexico were in dispute with the US in the world trade body Gatt on Wednesday, just a day after they decided to negotiate a three-nation free-trade zone. Canada
      Reuter  -  522 words
    • 394 8 Reuter THE United States is apparently ruling out sanctions to encourage Soviet reform but is offering medical aid to the independence-minded Baltic republics. Secretary of State James Baker said on Wednesday that trying to punish Moscow would be counter-productive but he said two US-Soviet arms
      Reuter  -  394 words
    • WORLD WATCH
      • 69 8 WESTERN COMPANIES, citing the precarious state of political and economic life in the Soviet Union, are steering clear of new investments and joint ventures with Moscow. Speaking at the World Economic Forum in Davos on Tuesday, business leaders said the investment decision-making process
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      • 59 8 CURRENT technologies can sharply reduce "greenhouse" gases and stem global warming, but not without significant expense and dramatic changes in how Americans use energy, a congressional study said yesterday. The report estimated that substantially cutting carbon dioxide emissions that cause global warming eventually could cost the US economy
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      • 79 8 EIGHT African leaders were debating a draft statement in Harare on Wednesday opposing the lifting of economic sanctions against South Africa despite its plans to scrap key apartheid laws. Sources said the presidents of Angola, Botswana, Namibia, Zambia, Zimbabwe, Tanzania, Mozambique and Nigeria welcomed Pretoria's
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      • 50 8 CHINESE tourism revenues recovered 19.2 per cent last year to U552.22 billion (Ss3.B billion), just short of the level before the suppression of the pro-democracy movement in 1989. Visitor arrivals were 27.46 million in 1990, up 12.1 per cent, the Xinhua News Agency said on Wednesday.
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    • 295 8 Reuter SOUTH KOREAN auditors have begun to investigate allegations of corruption involving a multi-million-dollar land deal in a scandal that threatens to tarnish the government before local elections. A 20-member team started on Tuesday to investigate the Seoul city government's decision to endorse
      Reuter  -  295 words
    • 312 8 UPI THE Soviet chief prosecutor has asked that a criminal case be started against a former controversial cooperative millionaire on the chaqge of insulting the presidential office of Mikhail Gorbachev. Tass news agency said bn Wednesday that Artem Tafasov, who became a
      UPI  -  312 words
  • Page 8 Advertisements
    • 1016 8 THE TOKAI BANK LIMITED (Incorporated with limited Uabahty m Japan) Head Office: 21-24. Nishiki 3-chome, Naka-ku, Nagoya NON-CONSOLIDATED BALANCE SHEETS March 31,1989 and 1990 ia<» '<»o ***** (In millions of yen) (In thousands of U.S. dollars) (Note 1) ASSETS Cash and Due from Banks (Note 3) 6.321,765 V 8,043,543 50,908,500
      1,016 words
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  • Page 9 Advertisements
    • 308 9 INTRODUCING AXIOME by DELSEY. BBllk INTRODUCING AXIOME BY DELSEY. so it s comfortable to hold yet sturdy at S SLIT BOARD FOR CRUMPLEL P P j J8 light yet durable, we created and easy rolling over rough or uneven Pull handle centred tor eas\ use Axiome. A suitcase that's lighter
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  • THE GULF WAR
    • 440 10 Reuter WAR in the Persian Gulf could lead to tighter bonds between consumers and producers as both try to establish a stable and affordable supply of oil, industry executives and analysts say. In spite of the war, analysts say Mideast producers will continue to
      Reuter  -  440 words
    • 32 10 Saudi Arabia is having twenty-five million copies of this leaflet printed, to be dropped onto Iraqi troops. The caption reads: 'Oh my son, when will you return.
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    • 464 10 AP THE US should not expand aid to countries in the Middle East, including Israel, until there is a sweeping re-cvaluation of policy towards the region, says the chairman of the House Appropriations Subcommittee on Foreign Aid. Congressman David Obey said
      AP  -  464 words
    • 557 10 Agencies KINCi HUSSEIN of Jordan, renewing appeals tor an immediate ccascfirc in the Gulf war, criticiscd the US-led alliance on Wednesday for killing women and children and trying to devastate Iraq's infrastructure. In his first address to the nation since the
      Agencies  -  557 words
    • 323 10  -  By Quak Hiang Whai THE GULF WAR has caused two mints one British and one American to pull out from this year's Singapore International Coin Convention (SICC). British Royal Mint and United States Mint are believed to have followed instructions from
      323 words
  • Page 10 Advertisements
    • 1057 10 M, Hai Sun Hup Group Ltd (Incorporated in tha RapuWlc of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING I H NOTICE IS HEREBY GIVEN that an Extraofdinary General Meeting of the Company will be held at J I 10:30 am. on February 25. 1991 at the Orchid Room. Shangri-La Hotel, 22
      1,057 words
    • 667 10 The Nippon Credit Bank, Ltd. (Incorporated in Japan) Head Office: 13-10, Kudan kita 1-chome. Chiyoda-ku, Tokyo 102 Japan BALANCE SHEET STATEMENT OF INCOME March 31. 1990 and 1989 Years ended March 31. 1990 and 1989 Millions of Yen 1990 1989 Millions of Yen 1990 1939 Cash ond Doe from Bonks
      667 words

  • Page 11 Advertisements
    • 267 11 BBBHBBBHBHB^^M^^E®3i^^^^'*'^ i '>- ir,IP ?JB jml B ,s 2y '-<^^vI H in t ii Mi iiffifflMilTn i It IH 7 •VP vi *-V. Hftwa Jfcfek* r r i^^i Jn| s 1 w&^i^^ m -'v r |HMfi|HHH9H|v F f^nnrijiPfa^ B 1 f -mi t w > Iw r-'**f v^ s 3^l£UJ"*
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  • 489 12 EDITORIAL ON PAPER, the concept of regional trade blocs is something that world commerce can benefit from, with the proviso that these blocs remain outward looking and do not become exclusive markets that shut out exports from other countries. In practice, however, countries
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  • WHAT THE OTHERS SAY
    • 243 12 THE new US budget, modest though it is, continues to call for a huge gap between income and expenditure which needs to be bridged by government borrowing at a rate equivalent to US$l billion (Ssl.7 billion) a day. And that is for a nation already in
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    • 157 12 THE offer by PBS leader Pairin Kitingan to form a coalition government with Usno has caught many in Malaysia by surprise. Is it a signal by Datuk Kitingan to mend relations with the federal government led by Dr Mahathir, or is it just another tactical move
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    • 149 12 PRESIDENT dc Klerk's decision to abolish laws defining people by race and regulating where they may live and own land has added a tremendous boost to the world's confidence in him. It is a matter of time before the world lifts all economic sanctions against
      149 words
  • REGIONAL VIEWPOINTS
    • 162 12 WHEN the Prachakorn Thai Party joined the new Chatichai coalition and party leader Saniak Sundaravej became communications minister, it was bad news for the Palang Dharma Party and its Jeader Governor Chamlong Srimuang in particular. These two parties and their leaders have clashed before and will continue
      162 words
    • 151 12 THE US State Department's recent annual human rights report ranks Burma's record as among the world's worst and its government as among the most repressive. Vet even such a damning report which casts the country in an appalling light in the eyes of the world is
      151 words
    • 184 12 BOTH Minister of Defence and Security General (Ret) LB Moerdani, and Armed Forces (ABRI) Commander Gen Try Sutrisno, in recent hearings with members of the House of Representatives expressed their firm attitude with regard to the possibility of acts of terrorism being committed in our country in
      184 words
  • 1031 12 When John Major became Britain's prime minister, it was thought he would continue with Margaret Thatcher's policies. But he is clearly his own man as his institution of key shifts in economic policy shows IHT LESS than three months after the downfall of former prime
    IHT  -  1,031 words
  • Page 12 Advertisements
    • 107 12 Shangri-La's ,il Kota Kinahalu, set in tile world, has only __a careful blend informality and exclusivity. A place pleasures as well as those of nature. I fie lanjungAru Beach Hotel. In Sahah, where else. I 0 Taniuog Aru Beach Hotel I KOU MNABMI. MM MMA I NHV* J<IH IMIKNMK»\\I KISOkI
      107 words
  • Page 12 Miscellaneous

  • ANALYSIS
    • 1090 13  -  Why do people leave their homes to settle in another country? Why is Singapore not favoured by emigrants from Hongkong? Anna Teo reports on papers presented at the International Conference on Migration Anna Teo IN all probability, 1997 is of only ephemeral importance in
      1,090 words
    • 271 13 WHAT accounts for the big jump in Singapore emigration to Canada in 1988? Why was there a dip in 1984 in the numbers to Canada and Australia, but a rise that same year to the United States? Is there a discernible pattern in the numbers In
      Source: Canada, Australia and US immigration statistics  -  271 words
    • 779 13 PRIMARILY young, welleducated and professional-ly-qualified. Many speak a second language besides English, and earn more than A 540,000 (5552.000) a year. Most describe themselves as Christians. And women outnumber the men. The socio-economic profile of the Singapore-born migrant in Australia that emerges from a review of
      779 words

  • FOCUS
    • 438 14  -  From Davos, Switzerland, Economics Correspondent Kenneth James sums up what this year s World Economic Forum meeting was all about Kenneth James Business leaden ended on Wednesday a week of intensive brainstorming, which highlighted the urgent need for new guidelines in economic, ecological and humanitarian
      438 words
    • 1293 14 The Economist recently got 1,800 British businessmen and financial analysts to name their corporate heroes The Economist Business buffs spend p many a dull hour por- r ing over balance t sheets, share prices and fi- q nancial ratios in search of the best-performing firms. But
      The Economist  -  1,293 words
  • Page 14 Advertisements
    • 38 14 US bank reform debate may scare off foreigners. Page 25 i I 1 I I Omni ©Marco Polo Hotel SINGAIXWE F O R RESERVATIONS CALL 474 7141. EXT. l^fcO f I OMNI HOTELS ASIA P\( I M C
      38 words
    • 148 14 mg\ W% Companies make news because they make W WM profits or losses for you. _.m The Business Times' COMPANIES NEWS E Ml E IMC pages arc very widely read. Wc reveal the latest deals in Singapore and the region, profile the movers and shakers behind them and summarise corporate
      148 words

  • SPORTS
    • 277 15 Milan Indoor AP TOP-SEEDED Ivan Lendl needed more than two hours to win a service battle with Magnus Larsson on Wednesday and earn a second-round berth in the Milan Indoor tournament. Lendl broke Larsson's serve in the final game of the first and third
      AP  -  277 words
    • 506 15 AP FOURTEEN-YEAR-OLD Jennifer Capriati defeated Martina Navratilova for the first time on Wednesday on the first night of round-robin play in the inaugural Big Bear Challenge women's tennis event in Ohio. Capriati and Mary Joe Fernandez each won two matches on Wednesday in the event,
      AP  -  506 words
    • 266 15 AP IN SHOWING that he and Terry Norris arc about equal in height and reach. Sugar Ray Leonard also demonstrated he is more experienced than Norris in onc-upsmanship. "Terry, stand up for a second." Leonard said. Up jumped the World Boxing Council super
      AP  -  266 words
    • 246 15 AFP FRENCH yachtsman Alain Gautier, sailing Generali Concorde, leads the 21 competitors in the BOC round-the-world race for solo sailors, said race officials in Sydney yesterday. At 2017 GMT Feb 6, almost four days after the start of the third leg in Sydney, Gautier was
      AFP  -  246 words
    • 298 15 AP ROBERT GAMEZ had a new look as he put an ea-glc-birdic finish on an 8-un-der-par 64 on Wednesday for the first-round lead of the Bob Hope Classic in California. Gamez wore a visor advertising the new club in Hawaii he now represents.
      AP  -  298 words
    • SIDE LINES
      • 110 15 ENGLISHMAN Marc Newman overcame his fear ot sharks on Wednesday to break the record for the gruelling 20km swim from the Western Australian mainland to Rottnest Island, the state's major holiday playground. But the 22-year-old from Dorset, southern England, took out an A$ 100,000 shark
        110 words
      • 70 15 THREE-TIME Tour de France winner Greg LeMond plans to start his 1991 cycling season in Europe this month, despite the threat of terrorist action against Americans during the Gulf War. LeMond, in New York to promote the new Tour Du Pont in May, said he
        70 words
      • 73 15 ROGER MILLA, the star of Cameroon's World Cup side, pulled out of of Wednesday's prestigious friendly international against England after being refused appearance money. Milla, the 38-year-old veteran, who scored four goals when Cameroon reached last year's World Cup quarter-finals, had reportedly asked for a special payment
        73 words
      • 52 15 SOUTH AFRICA'S decision to repeal the remaining apartheid laws takes it a step closer to the Olympics. Fekrou Kidane, chairman of the International Campaign Against Apartheid in Sport, said an International Olympic Committee fact-finding mission to South Africa next month would allow it to assess
        52 words
      • 62 15 STEFFI GRAF, the world number one in women's tennis, is sticking with her Czech coach Pavel Slozil despite a recent run of bad form. After reaching the semis of every Grand Slam tournament since 1986, Graf lost quarter-final ties at the Australian Open last month
        62 words
      • 73 15 ENGLAND'S battered and beaten cricket team arrived in Auckland yesterday from Australia to play a confident New Zealand team fresh from a one-day series win against Sri Lanka. England, defeated 3-0 by Australia in the Ashes series, will play three one day matches in New Zealand. On arrival,
        73 words
  • Page 15 Advertisements
    • 220 15 Form 63L THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS 1987 SECTION 227N/REGULATION 55 NOTICE OF JUDICIAL MANAGER TO CREDITORS OF FIRST MEETING Name of Company: Job Associates (Re) Ltd (Under Judicial Management) Company No. *****46R Under the Order for judicial management of the abovenamed company dated the sth day
      220 words
    • 290 15 THE RAINING CHAMPION. mM&BM iilr "I<i At Stvlo we've been making golf PVC range is so reasonably priced, you shoes tor 25 English summers. To say we will also be able to afford a pair of our know a bit about rain is somewhat of an classically styled leather brogues
      290 words

  • Page 16 Advertisements
    • 1310 16 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE v i' Af. Have Poolside "BBQ Buffet" Under the Stars! fc, 1 4^ Now, besides our weekend steamboat buffet is the new "all-you-can-eat" Barbeque 21."- 'M bnn- BBQ Buffer* f^ftTTmwl Adult: $17.00++ Child: $11.00++
      1,310 words
  • Page 16 Miscellaneous
    • 795 16 TELEVISION AND RADIO n 1 J SBCI2 BUSWESS ON RADIO |< A\ IJI T/» fl LJ|| I.IS AM Clom 7.30 Captala Hariock aad the Qhm of I VV I I 1 I I>l. I 7.35 PM Drama Classics Fight for 1000 Yean. BBC, 89.9 mHz in VHF Band II VV
      795 words

  • LIFESTYLE
    • 546 17  -  Wilson da Silva on one man's fight to build a future for his children Wilson da Silva Reuter ONE thing drives Dr David Suzuki on his constant environmental crusade around the world fear for the future of his two children. The bushy-haired, bespectacled geneticist, whose
      Reuter  -  546 words
    • 445 17  -  By Dena Kleiman DARIUS, an unusually well-mannered Labrador, has had a productive life in Cahors in the Query region of southwest France. At this time of year, he scratched around the earth, picked up the scent of truffles and found them for his master, in exchange
      445 words
    • 669 17 CHATTERBOX HERE'S the advice of a well-known American sex therapist for couples sweating through a poison gas alert: touch, hug, talk but don't try making love with your gas mask on. Ruth Westheimer, widely known as Dr Ruth, says she
      669 words
  • Page 17 Advertisements
    • 251 17 AND ENTERTAIN High Fashion Al' Tka. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's I top models and best fashion. ANA HOTEL 16 NASSIM Hill. MM.AI'OKI IC2> HI li! 2 SINGAPORE I YU SHENG J Yes, we do. From
      251 words
    • 92 17 Torkllf A 'Restaurant and 1 KUIIV/\ Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE VHLENtINE'B DRY BPE[iRL APPETIZER Prawn Mousse Creamy Asparagus K I Ji ENTREES VS U.S. Striploin with Tarragon Caper Sauce Dutch Dover Whole Sole with Meuniere Sauce or Chicken Equator with Mango Sauce Lover's Ice Cream Coffee or
      92 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4611 18  -  By Diana Oon THE LOCAL market market continued on its upward climb yesterday after taking a short breather on Wednesday. The Straits Times Industrials Index climbed a further 9.63 points to close for the day at 1,295.8. The BT Composite Index gained 6.11
      4,611 words

  • 4099 19 Main Board Jurong Ship 50* 7(H) 30 +4.5% C&C 372 +30 +8 8% OUB 525 +20 +4.0% CACWt 136 +20 +17.2% Ssangyong 50* 257 M 6 16.6% Singmarine 50* 418 +14 +3.5% J Cement 245 +13 5.6% KB 466 +12 +2.6% OUBWt 156 +12 +8
    4,099 words

  • BT SHARE INFORMATION SERVICE
    • 251 20 Company Data Year Croup Net Net earnings Gross ann to profit/loss (L) per share dividend fOOO) (cents) CAC lan 14 Sep 90 $*****(J34.649) 308(23 5a) 15(8 5a) F&N lan 14 Sep 90 153.080(*****8 > 30 1(365) 1/9(1/9) H Msu (an 14 Sep 90 $l.886($402) 11 4(24) 20(5) limes
      251 words
    • 206 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) GSecunt.es Feb 6 Dec 90 $3.029($2.130) 3 1(20) 10(75) M Cement Ian 17 Nov 90 MJ61.313(J39.640) 185(11 5) 683|(16TE) H Leong Credit Ian 8 iun 90 M$35.181 (M$25.440) 21 8(164) 10(10)
      206 words
    • 317 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) KhongGuan Ian 31 Oct 90 $139($451) <-) Inter Pacific Jan 26 Oct 90 M$63.497 ($55,405) 4(5) Centrepo.nt Jan 25 Oec 90 $10.309($7.926) 2 9(2 9) Beriaya Cofpn Jan 24 Oct 90 IVIJ56 996(555.012) 5(6) Sports Toto
      317 words
    • 1062 20 Feb 6 T Sunshine Aied has agreed to sell its interest in a Bering hotel to Lee Ming Tee tor HK$9OO,OOO (about S$200,000) Feb 5 Frst Capital Corporation has added a supplementary agreement to its acquisition of 89% stake of locally incorporated British American General Insurance GK Goh
      1,062 words
    • 257 20 Current Ex Book# Date Total tor Total for payment date dose payable the yoar last yoar AMFPT 3C(e) Dec 14 Jan 3 Feb 18 3C 28( Avean Find USW 10(b) Mar 18 Mar 28 Apr 8 US$010 A«rno 5%TE Feb 25 Mar 7 May 15 125%TE 25%TE Beriaya
      257 words
    • 563 20 Singapore Stocks LJSI Company Penod Date *e» N«t tFS arramced eniij (cants) <•» P"* tat yt* (T«0) CMB Packafmf Wenm Nov 13 Dec 90 29 7 132 11.616(e) BM7 Interim fan 10 km 91 254 2 1500 773 look) Final Feb 16 Dec 90 Rotawon Interim Feb 16
      563 words
    • 708 20 BONDS, LOANS WARRANTS Company Cnwrriwi pwtod C—wrriow toon tor airtnary than cicrt Before 26/4/93 1 warrant plus $3 09 cash CauMway Low Cimq Wt 2/10/89 to 20/10/94 1 warrant plus SO 77 cash or 1 warrant $0 77 nominal amount of loan stock. Chan Notts Chuan Hm Wt March 87
      708 words
    • 195 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Mt *****2 (7/2/91) 1991 *****0 (7/2/91) 99 tow 1022.52 (16/1/91) 1991 tow 1149 08 (16/1/91) 1990 Mt U3543 (16/7/90) 1990 N*t 1607 12 (27/3/90) 1990 tow 981.07 09/11/90) 1990 km: 1079.50 (11/10/90) 989 Mv *****0 (28/12/89) 1989 h*c 1487 76
      195 words
    • 177 20 Company Rights Issue M Mosaics One-tor-one MJ1 50 per share Ei-date Dec 10 Books close Ok 26 Acceptance Payment Feb 11 Company Bonus Issue Onental ttdp One-tor-five Ex-date Feb 8 Booto dose Feb 25 Company Others MOB Offer tor sale of 56,970.950 ordinary shares of J1 each m
      177 words
    • 272 20 Company Rights Issue Mean Onetor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at per share with 10m detachable TSR Bolton One for four fe, MS2 00 per share MC8 Capital Reduction Scheme to reduce par value of shares from
      272 words
    • 73 20 Singapore Press Hotdhfs Ltd: 6th AGM at News Centre, 82 Genting Lane. Singapore 1334 on Saturday, Feb 9, at 11.30 am. Goodwood Parti Hotel Ltd: 43rd AGM at the Tudor BaHroom, Goodwood Park Hotel, 22 Scotts Road, Singapore 0923 on Saturday, Feb 9, at 11.45 am. Oriental HoWnfs
      73 words
  • Page 20 Advertisements
    • 453 20 NOTICES NOTICE OF F'IKIAL MPPYIUfi IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF MACTRARECO TRAOING PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a Final General Meeting ot the members ot the Company will be held at 47 Hill Street #05-01
      453 words
    • 262 20 NOTICE NOTICE IS HEREBY GIVEN that, I, Lim Kuong Kwok of No. 2 Island Gardens Walk, Singapore 2057, have applied for a Beer House, Second Class licence in respect of premises at M/s Linker Eating House at 26 Hill Street, Singapore 0718, and that this application will be heard in
      262 words
    • 256 20 I hh mm I Tnlfve Matter of THE COMPANIES ACT (CHAPTER 50 AND In the Matter ot KENT ASSOCIATES PTE LTD (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 ot the Companies Act Chapter 50 the tinal meeting o» the members
      256 words
    • 627 20 NOTICE NOTICE IS HEREBY GIVEN that, I, Wang Tew Boon of 165 Tamarind Road, Singapore 2880, have applied for a Second Class Public House licence in respect of premises at M/s Restaurant Baystrcct 21 Pie Ltd at No. 2 Jurong East Street 21, IMM Building, #02-01, Singapore 2260, and that
      627 words
    • 18 20 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      18 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4106 21 Bernama BUYING SUPPORT in a run-up to the traditional Chinese New Year rally overrode some profit-taking yesterday, sending Kuala Lumpur share prices to a firmer close. The KLSE Composite Index rose 5.78 points to close at 519.50 while the Industrials Index was 7.46 points
      Bernama  -  4,106 words
  • Page 21 Advertisements
    • 290 21 SENTOSA DiScoVefr a Woßk/ o/ YOUI Own. Sentosa Development Corporation FIFTH SALE OF SITES Sentosa, Singapore's Discovery Island, invites participation from local and overseas entrepreneurs to develop new attractions on the island. The Schedule Approx. Parcel Site Area Proposed Development Lease Period 5A 5,256 sq m Rehabilitation of Existing Buildings
      290 words

  • TOKYO STOCK EXCHANGE
    • 2156 22 Reuter TOKYO STOCKS closed firmer for the fourth straight day yesterday, buoyed by Wall Street's rally and the yen's strength. The key Nikkei Index closed above 24,000 for the first time since Dec 21, as fears that options-related selling would drive
      Reuter  -  2,156 words
  • STOCK EXCHANGE OF HONGKONG
    • 2104 22 Reuter LATE PROFIT-TAKING left Hongkong's blue-chip stock index lower at yesterday's close, reversing a midday bounce off morning lows. The Hang Seng Index slid 31.48 points to 3,333.98, well below a midday finish of 3,358. "With shares overbought, it was natural to see some
      Reuter  -  2,104 words
  • Page 22 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie stocks end lower in see-saw trade
      • 820 23 THE AUSTRALIAN share market endured another day of swinging trade yesterday as nervous investors indulged in profit-taking and the confident punters snapped up shares. Brokers said buying triggered by a big gain on Wall Street overnight was tempered by market expectations of a short correction after the recent bull
        820 words
      • 617 23 JAKARTA share prices were higher across a fairly wide selection of stocks as trading picked up slightly yesterday. Turnover was 2.88 million shares. Tyre maker Goodyear again led the field, picking up 50 rupiah to 4,900 on volume of 373,000 shares. Conglomerate Astra jumped 200 rupiah to 19,600 on
        617 words
      • 87 23 INDICES TURNOVER Clow Feb 7 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1,344 3 2,108.0 763.3 104 95 1,348.7 2,116.2 765.0 125.49 -4.4 -8.2 -1.7 -20.54 BANGKOK SET Index Turnover (million baht) 720.44 5,200 701.75 4,356 18.69 844 JAKARTA Composite Index 382.30 381.00 1.3
        87 words
      • 515 23 PHILIPPINE SHARES yesterday yielded to profit-taking to close lower after days of gains, ignoring the recent arrests of two important army rebels. The Manila Stock Exchange Composite Index slid to 857.51 points, down 5.94 from Wednesday. The capture of the two leading coup attempt leaders on Wednesday after the
        515 words
      • 807 23 SEOUL SHARES opened higher yesterday but slipped back as restless investors took profits from earlier small gains. The Composite Stock Index closed the day at 634.31, down 1.35 point from the previous session. Turnover was thin at 102.1 billion won and losers outpaced gainers at 354 to 142, with
        807 words
      • 716 23 BANGKOK STOCKS followed solid overnight gains in Wall Street to close broadly higher in heavy trade yesterday with finance issues ending higher. The SET Index ended 18.69 points higher at 720.44 on a 5.2 billion baht turnover. Siam Cement rose 12 baht to 662, Siam City Cement two to
        716 words
      • 355 23 TAIPEI share prices ended higher across the board yesterday after late buying by broking houses consolidated investor confidence in an early rally. The Weighted Index gained 147.31 points or 3.5 per cent to close at 4,384.19 compared with Wednesday's 4,236.88 finish. Turnover was NT553.5 billion against NTSSB.4 billion. "There
        355 words
      • 367 23 In local currency In S$ la <JS$ S day S year S day S year day S year FEB 6 Index change change change change change change World 373.8 0.3 4.4 0.5 5.2 0.7 6.9 |EAFE 484 4 0.3 3.0 1.0 5.7 1.2 7.4 Europe
        367 words
      • 146 23 BOMBAY share prices fell broadly yesterday as some banks, saddled with debts on stocks pledged by their clients, started selling. "The market took advantage of a relaxation in trading curbs after the ex- change removed a ban on resale of shares and this helped market sentiment," one broker said.
        146 words
      • 317 23 FUELLED BY Wall Street's gain, lower interest rates and pent-up buying, the New Zealand share market surged upwards to close 5.1 per cent higher on big volume. The Barclays Index jumped 66.81 points to 1,376.78 in the largest points gain since the first day of trading in 1990. "It's
        317 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • Dow chalks up 42-point gain
      • Article, Illustration
        1190 24 AMERICAN BLUE CHIPS ended sharply higher on Wednesday as investors continued to pour new cash into stocks, afraid of losing out on what may be the start of a bull market. Oil stocks led the charge ahead. "You can't fight the tape. Stocks keep going higher and we've
        1,190 words
      • Article, Illustration
        782 24 LONDON SHARES were carried higher in early trading yesterday by a spirited surge on Wall Street. The FTSE 100 index of Britain's leading shares stood 20.8 points higher at 2,215.6 points at 0841 GMT, as London tried to keep pace with Wall Street's rise this week. Market makers pushed
        782 words
      • 295 24 THE DYNAMISM which pushed German shares 1.2 per cent higher in early trade yesterday faded in the course of the session, but prices managed to retain a 0.5 per cent gain. Dealers said yesterday's trading had repeated a pattern seen over the last few days. "We come in in
        295 words
      • 92 24 INDICES TURNOVER NEW YORK flow Hroiwh Feb 6 Dow Jones NYSE Financial S&l' 500 Turnover (million) 2.830 94 2.788 36 M2.57 139.97 138.32 Fl 65 ***** ***** F68I 276.9 290 6 -13 7 LONDON Financial Times .10 FTSE 100 Turnover (million) 1.7188 2.194.8 563.4 1.724.8 2.202.0 689 8 -6.0 -7.2
        92 words
      • 238 24 DUTCH SHARES were mixed in quiet midsession yesterday, trailing rises on other bourses in Europe but actively traded Royal Dutch stood out with a 3.60 guilder gain to 128.60. At 1245 GMT, the CBS tendency index was up 0.1 point at 81.5. Dutch shares reacted with little enthusiasm to
        238 words
      • 149 24 FRENCH SHARE prices lost the morning's gains to trade around Wednesday night's closing levels at midsession yesterday, responding to a bomb attack close to the British Prime Minister's residence in London. The CAC-40 index stood 1.17 point up at 1,599.28 by 1223 GMT. It had opened at 1,1610.69. The
        149 words
      • 152 24 BELGIAN SHARES opened higher yesterday, led by blue chip industrials and utilities following the surge on Wall Street. Volume was 200 million francs soon after the start. Dealers said demand was for blue chips such as oil company Petrofina, electric utility Electrabel and Belgium's largest retailer GIB Group. Petrofina
        152 words
      • 172 24 ITALIAN SHARES extended the rally begun earlier this week to close 1.41 per cent higher yesterday and to lift the MIB index back above the point at which it began the year. Growing hopes the Gulf War may end more quickly than had been once feared, coupled with some
        172 words
      • 271 24 SWISS SHARES were narrowly mixed in quiet midsession trading yesterday. Banks traded firmer on low volume, while the chemical sector eased on prof-it-taking. Wall Street's overnight 42-point gam failed to spur trading. "Compared with Wall Street, investors here are less confident for the immediate future," one trader said. Yesterday's
        271 words
      • 163 24 STOCKHOLM share prices fell in active early trade yesterday as investors ignored overnight gains on Wall Street and took profits after recent strong gains. By mid-morning, the general index had lost 0.82 per cent to 969.09 on turnover of 165 million crowns. Blue chips shed 1.11 per cent. Dealers
        163 words
      • 214 24 MODERATE to heavy gains in every sector lifted Toronto stocks 1.7 per cent to close at the day's peak on Wednesday, continuing the upswing for the sixth straight session. The composite index gained 58.21 to 3,424.03. Declines led advances 413 to 208 on volume of 37.1 million shares. Retail
        214 words
      • 304 24 Johannesburg Feb 6 Hand INDUSTRIALS A Alpha 2300B unch AECI 1350 +20 Abcrcom 45 unch Amaprop 670B unch AMIC 8200 unch Barlows 3800 f 25 Basil Strk 22S unch BAZ Blyvoor 900S CGSm.lh 7600 f50 Cnagalo 2000 f50 Curl in 435B unch Edgars 4300 unch Fed Vdk First Intl 1170
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  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1294 25 REPORT THE US DOLLAR was static near Wednesday's closing levels against the mark in hesitant early European trade yesterday. Dealers said operators were reluctant to take big positions amid fear of further central bank support for the US dollar. Business
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    • 395 25 Cross rates Feb 7 USS s$ MS Dm Yen SFr AS N/$ USS 1.7085 2.6885 1.4490 128.15 0 4995 1.2330 1.2812 1.6611 SS 0.5853 1.5736 ***** ***** 0 2924 0.7217 0.7499 0.9723 MS 0.3720 63.55 0.5390 0.4767 0.1858 0 4586 0.4766 0.6179 Dili 0.6901 1.1791 1.8554 88
      395 words
    • 562 25 Interbank rates S$ Bid Offer Overnight 4 1/2 4 5/8 1-month 4 1/2 4 5/8 2-month 4 9/16 4 11/16 3-month 4 9/16 4 11/16 Overnight mode: 4-3/8 IJSS Bid Offer 7 days 6 3/8 6 1/2 1 month 6 3/8 6 1/2 2 months 6 9/16 6
      562 words
    • 369 25 Reuter DEBATE about the Bush administration's plans to reform US banking could raise doubts among foreigners about deposit insurance and hit the dollar, says an American economist. "If foreign depositors begin to have doubts about deposit insurance and government guarantees, then you
      Reuter  -  369 words
    • 156 25 Reuter CENTRAL BANKERS like to think they are skilled at setting traps for unsuspecting currency traders, but the oni they sprang on Wednesday snapped back in their face. Two rounds of concerted intervention by central banks in North America and Eu rope were easily
      Reuter  -  156 words
    • 1190 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Voi Mar 91 93.28 93.31 93.28 93.30 7025 ***** 3652 Jun 91 93.39 93.42 93.39 93.40 8045 ***** 6264 Sep 91 93.27 93.31 93.27 93.30 4030 4086 1377 Dec 91 92 94 92.96 92.94 92.95 2500 4532 486 Mar
      1,190 words

  • COMMODITIES
    • 402 26  -  By David Chew MALAYSIA last year was able to improve marginally on its high 1989 crude palm oil (CPO) production levels, thanks to a surge in output from Sabah and Sarawak. Latest statistics from the Kuala Lumpur-based Palm Oil Licensing and Registration Authority
      402 words
    • 306 26 Reuter OIL COMPANIES are sizing up the South African market, looking forward to the day it comes back into play. Most firms have shied away from South Africa, but as Pretoria dismantles apartheid, many countries are preparing to lift economic sanctions which have
      Reuter  -  306 words
    • 789 26 REPORTS HONGKONG: Gold closed higher in thin, sluggish trade here dominated by Japanese buying, dealers said. "The market totally lacked trading interest ahead of the Chinese New Year," a local dealer said, adding bullion's overall trend was mixed. Bullion climbed to U*****.50/5364.00 an ounce
      789 words
  • 1477 26 Rubber Feb? MS («■>!■ Uw) Secni-Ag Noon (lose Int I KSS Prompt I43.7VI44.75N I430VI4400N Ini I KSS Mar '>1 145.50/146(10 144.75/145.25 Inl I KSS Apr 147.75/148 25 147.50/148 00 Inl 2 KSS OP I42 00/I4400N 141 75/143 75N Inl 3 KSS <M> 137.00/139.00N 136 75/138 75N Inl 4 KSS
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  • Page 26 Advertisements
    • 1545 26 NOTICES IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF HEATRAE-SADIA SINGAPORE PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act, Chapter 50. that the Final General Meeting of the abovenamed Company will be held
      1,545 words
    • 11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 954 27 City Flight ETA Flight ETD J Abu Dhabi GA894 GA890 GA970 GA976 0010 2225 2335 2340 Adelaide ~~QF7 1750 SQ227 2130 Amman RJ182 1400 Amsterdam KL835 SQ23 1505 1815 SQ42 KL836 SQ24 GA890 0100 2150 2215 2225 Athens SQ45 0805 SQ24 2215 Auckland NZ35 SQ338 1530
    954 words
  • THE TRAVEL PAGE
    • 571 27  -  LETTER FROM AVORIAZ By Arnold Wilson A FILM festival in a ski resort throws up all kinds of interesting problems. For example, on a beautiful afternoon, do I want to be watching something called Henry, Portrait of a Serial Killer, or do I want to ski
      571 words
    • 150 27 As at 3pm yesterday: Ixjcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3310 1.3610 Canadian dollar 1.4650 1.4850 NZ dollar 1.0240 1 0640 Sterling pound 3.400 3.4200 US dollar 1 7050 1.7200 I .oca I dollars to 100 units of foreign currency
      150 words
    • 92 27 Duration Title Venue Organs Tel Duration Title Venue Ofpmser Td Feb 7-12 ln.ernat.ooal Valcnaa. Fcna Mucstrano ********** Feb 19-21 Air Traffic Holland E^ su (0707)*****5 Toy Fair Spain International Control 91 Dc Valencia Feb 27- Itioto. Cine and Zurich. Zuspa *****5055 Feb 9-17 International Hambur* Hambu.g Mcssc
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  • Page 27 Advertisements
    • 34 27 Ronald, youH relish Finnair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
      34 words
    • 36 27 A Who's the greatest footballer idMßpl to have stolen Jeffs heart? a There s no other than... JPlt^ m Ha >• V'■ :.V< 1i; ■i hggfpi- [Zz Coming your way tomorrow. The best in weekend reading 9
      36 words
  • Page 27 Miscellaneous
    • 240 27 [H iVd j I iP WVt fO m 7 It takes money and little science to copy a work of J 8 Stick to going the bar(s) Hi j 10 A far from modest flower no I J opcning(B) Doctor food, as is much in |Hf HV 12 A district
      240 words
    • 213 27 Singapore Outlook: Showers over several areas in the afternoon. Forecast Maximum temperature 29.2 Assoc humidity 75% Minimum temperature 23.8* C Assoc humidity 93% Hours of sunshine 0.00 Rainfall in mm 4.1 Rainfall this month 6.2 j Rainy days this month 2 World forecast Asia-Pacific Cond. Auckland 24/19 Cloudy Bangkok 33/21
      213 words
    • 42 27 •f ujpiy T *ev us \lDor-r <noc< to TVAero tva\s t^n J vNTt> vJTvjMeiVTeD rvijuv ...SRiTism \S TvAe. CUEJRiCP\\_ -teovr us C6CR,RC*S I p^ T^P, p IL eQVJWf\U>IT OF "ML J VORW express c EVEMHO STAHmHO CO LTO IM3HtI 11 J It
      42 words

  • 455 28  -  Project will also help sustain Republic's growth From Suzanne Soh in JAKARTA SINGAPORE will be the engine of growth for the development of Bintan and the rest of Indonesia's Riau province. This will also give Singapore a broader base for development and
    455 words
  • 313 28 A WATER PACT for Indonesia to sell water to Singapore is expected to be finalised soon. Good progress is also being made by the two countries which are now negotiating a proposal for Singapore to buy natural gas from the
    313 words
  • 230 28 AFP FRENCH Finance Minister Pierre Beregovoy said yesterday that he would defend the value of the French franc and hoped Germany would show "solidarity" on monetary matters. He said he hoped that the "political solidarity which has been shown regarding the Gulf be shown
    AFP  -  230 words
  • 414 28 Agencies MALAYSIA plans to set up rubber processing and tin and gold mining ventures in Vietnam, Primary Industries Minister Datuk Sen Dr Lim Keng Yaik said yesterday. It is also considering plans to venture into logging and timber processing in Vietnam, he told reporters
    Agencies  -  414 words
  • 494 28  -  By Shoeb Kagda WITH political reform well underway, South Africa is looking to expand its trade and business links with the Far East and with South-east Asia in particular. As apartheid is slowly dismantled and with international sanctions against economic links with South
    494 words
  • 445 28  -  By Harish Mehta PRIME MINISTER Goh Chok Tong has asked the Malay/Muslim community to produce a five-year plan to improve the community's performance and, in return, the government will help implement it. Speaking last night at a dinner in his honour
    445 words
  • 410 28 AP SOVIET President Mikhail Gorbachev made a surprise television appearance yesterday to tell the public of his determination to hold the country together and to urge full participation in the Kremlin's referendum on the union. "All my convictions are based on
    AP  -  410 words
  • Page 28 Advertisements
    • 84 28 Nikon The World's Finest Photographic Systems MEDIUM SIZED GROUP OF COMPANIES SEEKS PARTNER/PARENT TO ASSIST IN THEIR RAPID GROWTH (THIS YEAR TURNOVER S4O-S5O MILLION, PAID UP CAPITAL OVER $1 MILLION) NO FINANCIAL OUTLAY REQUIRED AS GROUP BASICALLY SOUND BUT NEEDS MORE FACILITIES SUCH AS L/CS, T/RS TO FULFIL LARGE ORDERS.
      84 words
    • 11 28 KL and Hanoi to hold aid talks for Vietnam, Pg 7
      11 words
    • 76 28 Nikon The World's Finest Photographic Systems Baker speaks against punishing Moscow, Pg 8 tii'l -lu'sa y^ lS> .-Dim- nt n t > itui n" ,ul,,lt v oW nii fIU ii'it' tVr» llf for Qf\ sU"^ tU <c t ~ur h&r* A l v y. .-.nlM />', ~,,/y ,y (Theea 111
      76 words

  • Shipping Times
    • 405 29  -  THE GULF in By Dexter Lee SHIPOWNERS and operators of Singapore-flagged vessels are facing increasing difficulty recruiting local seamen, especially for voyages into and around the Persian Gulf. Executives of several shipmanagement companies told BT that most Singaporeans have refused to
      405 words
    • 334 29  -  From Al O Labita IN MANILA THE Philippine shipbuilding and repair industry is seeking exemption from a proposed law allowing 100 per cent foreign ownership of business enterprises. Unless amended, the proposed law would virtually place the industry under foreign control to the
      334 words
    • 184 29 Bernama SAPURA Telecommunications Bhd, the Malaysian manufacturer of the first hands-free phone, the S2OOO, is expccted to penetrate the UK market in August, said executive chairman Tan Sri Shamsuddin Abdul Kadir. He said the company is awaiting the necessary approval from the
      Bernama  -  184 words
    • 300 29  -  By Rahita Elias THE NANYANG Technological Institute (NTI) has set up a Centre for Transportation Studies to conduct research on transport issues related to Singapore. According to the tertiary institute's newsletter NTI News, transportation's "important role" in the development of
      300 words
    • 275 29 Reuter HONGKONG'S planned multi-billion dollar port and airport complex is vital to the colony's regional role as a centre for trade, transport and services. Governor Sir David Wilson said yesterday. China, which resumes sovereignty over the British colony in 1997, has sharply
      Reuter  -  275 words
    • 295 29  -  By Khaidir Abdul Majid THE Kuantan Port Authority, which started container services only at the end of 1989, is confident that it can compete with other ports in the region in attracting box traffic. Last year was the first full year
      295 words
    • 168 29 NEDLLOYD Lines is planning to withdraw its own vessels on the North America to Australia run. The shipping company has worked out an agreement with BHP International Marine Transport to charter the container space on its service. The Daily Commercial Wens reported that the service will be
      168 words
    • NEWS SUMMARY
      • 59 29 AUSTRALIA'S international telecommunications company, OTC International, a subsidiary of OTC Ltd, is positioning itself for a significant slice of the market in Asia. Since it was established three years ago, the company has either already invested or committed itself to investing funds totalling between
        59 words
      • 78 29 THE Union of Greek Shipowners has agreed to increased allowances of up to 140 per cent for seafarers working on Greek merchant vessels in areas in and around the Gulf. After negotiations with the Panhellenic Seamen's Federation, it was agreed that the areas designated
        78 words
      • 42 29 LEXMAR'S last hopes of reopening the former Normed yard at La Ciotat for shipbuilding look to have been dashed, following a denial by Denmark's Burmeister Wain group that it is interested in the yard Back Page
        42 words
      • 34 29 SALES of American-made vehicles dropped 31.5 per cent in late January, closing a month of drastic sales declines for automakers buffeted by war and a weak economy. Back Page
        34 words
    • LOG BOOK
      • 57 30 THE NETHERLANDS and Hungary have signed an agreement on inland shipping, laying down ground rules for transport rights after completion of the Rhine-Main-Dan-ube canal in 1992, the Dutch Transport Ministry said. Under the agreement, barge traffic within the two countries will be reserved for national carriers
        57 words
      • 37 30 A VIETNAMESE-SOVIET shipping company will transport 20,000 tonnes of rice from the southern Mekong delta to the northern provinces of Vietnam to overcome shortages and stabilise prices during the Tet Lunar New Year.
        37 words
      • 55 30 TRANSPORT group Koninklijke Nedlloyd Groep NV said it has agreed in principle with Verenigde Tankrederij BV (VT) to cooperate in handling crude and fuel oil shipping on the Rhine and inland waterways. The companies will set up a jointly-owned unit which will handle the commercial and
        55 words
      • 28 30 BRAZIL'S Santos port, the biggest in Latin America, confirmed that an indefinite strike was likely to paralyse operations from 0700 local (0900 GMT) yesterday.
        28 words
      • 59 30 SEA-LAND Service Inc, a unit of CSX Corp, said its Americas division is offering weekly service to Panama by serving the Port of Cristobal with a new container ship, the Katherine Sif and the vessel Thea S. The division has also opened a new branch with
        59 words
      • 65 30 A UNITED STATES bankruptcy judge has approved the sale of various Eastern Airlines assets, including a package of gates and other facilities at Chicago's O'Hare International Airport, to UAL Corp's United Airlines for US$54 million (Ss92 million). The judge also approved the sale to Delta
        65 words
      • 58 30 FORD MOTOR Co's Lincoln-Mercury Mystique, featuring a travcrsely mounted eight-cylinder engine on an aluminum frame, was previewed by reporters prior to the Chicago Auto Show and described by the company as a glimpse of the future. Ford also showed the experimental Contour, which incorporates
        58 words
      • 68 30 THE ITALIAN government is preparing a series of measures to help Italian airlines and airports overcome the crisis caused by the Gulf war, a senior official said. Financial help, however, must be approved by the full Cabinet, which was not expected to meet before next week.
        68 words
    • 1203 30  -  Since it was established three years ago, Australia's telecommunications company OTC International has either already invested or committed itself to investing funds totalling between As6o million and $100 million in Asia. Florence Chong reports from Sydney Florence Chong Australia's international telecommunications
      1,203 words
    • 595 30 C arbor Carbon DenstyWittr Residue Ash Aluminum Sedrotnt OwityWitir RmMn Ash ttwfc— U+M* %mu Exxon E" 00 KG/M*3% V/V M M M M PPM method KG/M'3% V/V M/M M/M PPM method ISO/Cimac fcnits Spec E25 ***** 15 0 0 10 30* 0 10* E tert USA
      595 words
    • 12168 38 I his is a list of" ships loading I 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
      12,168 words
    • SHIPS IN PORT
      • 575 45 insM Voy No Berth Vn*i Deparfart Keppd Wharves Frotasantos 58WB K29 alongside 0802/0500 Kota Eagle 1/91 K33 alongside 08.02/0600 Kota Seiati E-885 K31 alongside 0802/1830 Leona 1 H34 alongside 0802/1100 Marian Bucze 32 W C10 alongside 09 02/1500 Thomaseveret 95E K30 alongside 0802/2300 B Kenanga 2/91 K32
        575 words
      • 1131 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookie/Balance Sty Voy No Etb/Btr Period From To Ms rom Ad Goncharov 07SI91 10/0700 2 3 4 07/1700 08/0659 08/0700 08/1159 08/1200 08/1459 08/0900 08/1400 08/1700 An Kuprevich 07MF91 09/0015 2 07/1700 08/0659 08/0900 Ai Mirqab 53 10/0700 3
        1,131 words
      • 332 45 Port Klang Berth at South Port on Feb 7: 1: Phuket Navee; 2: Young Chermcary; 3: Ouches; 4: ml; 5: ml; 6: Melaka Jaya; 7: Berjasa; 7A: Hung Lee 4; J.Shell: ml. KCT: 8: ml; 9: Kota Machan, Anson; 10: nil North Port 11: ml; 12: Juta
        332 words
    • 980 45 Chartering volume on the dry cargo freight I market was quiet on Wednesday but the key routes continued firmer, brokers said. This was reflected in a 21 point rise in the Baltic Freight Index to 1,510 with all sub-in-dices firmer, except one coal route and fertilisers which were
      980 words
    • 377 46 Lloyd's List THE Union of Greek Shipowners (UGS) has agreed to increased allowances of up to 140 per cent for seafarers working on Greek merchant vessels in areas in and around the Gulf. After negotiations with the Panhellenic Seamen's Federation (PNO),
      Lloyd's List  -  377 words
    • 305 46 Lloyd's List LEXMAR'S last hopes of reopening the former Normed yard at La Ciotat in Spain for shipbuilding look to have been dashed, following a denial by Denmark's Burmeister Wain group that it is interested in the yard. Lex mar France chairman Benoit
      Lloyd's List  -  305 words
    • 489 46 NYT SALES of American-made vehicles dropped 31.5 per cent in late January, closing a month of drastic sales declines for automakers buffeted by war and a weak economy. The latest drop is a stark reminder that domestic and foreign automakers confront the most
      NYT  -  489 words
  • Page 29 Advertisements
    • 211 29 B' SWE£ HENG METAL CO PTE LTD 1J ruAS AVE 14 SINGAPORE ?»3 TELE* R3 ***** SMMCPL TEL: 861 5855 |stin—) TEteFAI: #61 H*# Ihfcv S<Ml ACIMT ft* 11 i n ,onn# 3olonn AlnU jU Jill I El«c(ic taiMR Tofqm iimuPUW. UAUtSU 1 Coov«t» lIIAILANOL IHOOf»«.<l< •OM LPO rutt trrtHTS
      211 words
    • 24 29 Container Schedule 1' Daily Index to Advertisers Shipping Guide 10,11 Ships in Port Singapore Tides 1# Veritas Report 2 Weather and Sea Conditions 1'
      24 words

  • Page 30 Advertisements
    • 90 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 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 at
      90 words

  • Page 31 Advertisements
    • 1831 31 iuiiO) r i iuai rruiuaij o i»i JARDINE SHIPPING AGENCIES aUIM 200 Cantoninent Ruad #12 OS Southpomt. Singapore 0208 \l||f# Tel *****11 lEIEX NO RS 241/9 TM 111 Mm TERMINAL CFS lei *****18 220 rDJau'l BOOKINGS Tel *****34 258 vuuQf M -esaka shipping agencies son bmo PORT KEIANG TEL *****18
      1,831 words
    • 1304 31 MDEX TOMWEKTgRS 9 r I Liner Shpg 16 3 I J Lizena 15 I ABC Containerline 13 5 12 Accord Group 8 1-3 Lloy<J Tr.csl.no 4 1/2 AR K 15 Lucky Seaway 15 3 Ahrenkiel Liner 16 3 Lykes Lines 5 I Albatros Sea-Air 14 3 Alfred CToepfer 15 5
      1,304 words
    • 2171 31 K3GEM3 NEXT SAILING TO USA MAJESTIC MAERSK V.9102 ETA 12/2/91 Vessel Voy I ETA ETO 'Port "Peoang 1 DESTINATIONS Singapore Kelang t Thu amen •*O2 Ss M TWO I ATL MIA u r u qio? nr? Ti m 3/3 sa '3 9-3 11/3 12/3 123 n<3 .ss ib-3 »/.<a 1
      2,171 words

  • Page 32 Advertisements
    • 1241 32 Irotthmm vov NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE fIBPH M/kTSURAGI 04/513 11/2 4/3 2/3 28/3 IhSIHI B6NALDER 99/517 11/2 28/2 3/3 5/3 1. ALL WESTBOUND P. HAMBURG EXPRESS 01/516 14/2 7/3 5/3 4 3 4 J KELANG A PENANG CARGO HANNOVER EXPRESS 01/518 17/2 5/3 9/3 3 <;?
      1,241 words
    • 545 32 EBBMtiir DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT V |SI.A H.OKKANA >2-I*l2 11/3 13/3 19/3 V ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE J SIN IQQ ANF VAP CALLAO SAN i N (PERU) ANTONIO j N ISLA FLORE ANA 22-28/2 t/4
      545 words
    • 1238 32 QmrnmrnmsM &sam. i REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE fEI LH iL,WUT (VIA (VIA (VIA ALG) HAM) ROT) aiK-rsi, as ss ss ss as k §s SSthse™' 05 vS nm 8S SK §S «S IK™.™ TO AIL ifO€ST,r,O.S. ~A»«T .NO^OTKC. UROPEAN INLAND PORTS. VALENCIA VIA ALGERCIRAS WESTBOUND FOR
      1,238 words

  • Page 33 Advertisements
    • 1939 33 ~ljjgSteamers Maritime Holdings Ltdj J > PJgTn irM STRAITS SHIPPING I CM HbA ITOCV Singapore to BrnMl, East Malaysia. I «p Containers MJ» I Voy No P KUrj S'pore S ton M fturj Bhaweti R'dam Irt ACCEPTS DUE SAILS I HAISURAGI 04,513 <001OMK 11/B D'® 0103 2/02 CARGO I rul
      1,939 words
    • 1077 33 ft- U S A /PANAMA CM- U S A /PANAMA Mvr pmi MOR SAV lAX CRI LGB OAK SP SP OAK IGB cm FOB SAV NOR NYC )AW m S[N A 105 U/l 11/1 211(1 21/1 Wjl W *fj IYANG PARK IF 10/ WJ JW J "R 4 BARMEN SEN
      1,077 words
    • 446 33 f I STRAITS/ JAPAN/ STRAITS SERVICE I I SPECIALIST IN RO-RO HEAVY LIFTS I I ,ESStI S2i"«» I I VOY NO IS 1 15 I I S pore 10/2 10/2 15,2 I I P Ketang 1317 17(2 I I Penang I Yangon AI Mongla I I ChittJgong I I Calcutta
      446 words

  • Page 34 Advertisements
    • 696 34 ni CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL/VOY [SPORE f? DAM ADAM H BURG BREMEN ANTWERP MA TAR AM ?BWB In Pt 22/3 2/4 4,4 TRIAS UNITY OQ2WB 8/3 W 21 v WJ »/4 i SRimiJAYA 31WB ai W 7/5 11/5 15/5 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED
      696 words
    • 847 34 it 3E ii.l HANJIN SHIPPING lt>l 4ila(ti u yi FEEDER VSL SIM LINE HAUL LAX OAK I riWILEH RIM ANR HAM BRV EEL HANJIN HAf lOfl} OIKECT 4/3 7/3 HANJIN MASAN OWW 10 22» 2 1 3 2(3 2,3 4/3 5 3 «*NJ"J* °"I«DAIM 012E lift H POHANG 1071 »/3
      847 words
    • 164 34 AT MAM HUAT SHIPPING "V co < PTE > LTD Tl WA 10 Anson Road, #14-19/20 International Plaza, Singapore 0207. FAX: *****94 Tels: *****11/*****22 Tlx: RS ***** AB LENHUAT DAILY RECEIVING CARGO AT MARINA WHARVES GDN MCI TEL: *****19 AND P2 TEL *****97 TO INDONESIA VESSEL ETA ETD DESTINATION HONG
      164 words
    • 1217 34 P. SCP HKC KSC KLC PUS HKT OSK NCY SMZ TYO LAX CHS BAL NYC IMW ANW ROM THP MBC PSO CMB PKL SGP OU m IV W 1/3 2/3 3/3 4/3 IV3 27/3 »,3 30,3 M JIJ Wj U/l W 2/4 W *fi ij m2la m m w «i
      1,217 words

  • Page 35 Advertisements
    • 1573 35 iiiuca, i i iuaj rruruary o im j -JNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48'. TERMINAL OFFICE :*****22 DOCUMENTATION DEPT. *****M/*****14 CFS: K27 —IMPORT: *****69/*****50 CPS: K27 EXPORT: *****53/*****04 Ki P '(M) E^{4o3^
      1,573 words
    • 1009 35 m sinsov I 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 INDEPENDENTSERVICEI.^ DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND KSSUS VOYAGE |sPO»f |*ANIIA HKONG VOYAGt SfMt pKLANC MBURC B'HAVtN TILBURY «>TT
      1,009 words

  • Page 36 Advertisements
    • 1240 36 Q K line KAWASAKI RISEN KAISHA. LID. I t gMMMT /MPOWT N.AMERICA• PAQWCSOUTH-WEST VOT NOUS lB Ml( TRT FUOIII «ssa my try [mpl FEEDCR VESSEL VOY *INOO "PR/PHC S£P MOTHER VESSEL VOY LB OAK CHI NYC BROOKLYN BRIDGE 36 *1 W 17/1 27/1 4 IV M II MEOITERRANEA 14 6/2
      1,240 words
    • 1226 36 PHILI-ORKNT LIN€S PTC LTD V 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 by air, land or sea... SJSejjjgr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 10 FEB MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 22
      1,226 words

  • Page 37 Advertisements
    • 1527 37 SSSaPff PACIFIC INTERNATIONAL LINES (PTE) LTD *****55J MUtM p,l Building, 140 Cecil Street #03-00, Singaporeolo6. I JAKARTA I I BANGKOK I VESSEL .0. *T S EDEM PAMIT #1O« 12/2 14/2 19/2 INGENUITY 11«N 11/2 14/2 1M EDEN 9106 12/2 14/2 >»/* uii v|MQ 8104 12/2 IS/2 H/2 K T P^!
      1,527 words
    • 969 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint liA Fax: *****63 Singapore 0208. ™g x: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT |VQY SPORE PKLANG SHAMPTON| HAMBURG BHAVEN ROAM LHAVRE Katsuragi f 04/513 11/2 4/3 2/3 1/3 VIA RO BenaJdef 99/517 11/2 VIA 001 28/2 *3 5/3
      969 words
    • 330 37 M m J a md HV V lel|ll I M P tegb MYANMA P& FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg MYOMAYWA VI32W In Pt Ski PAGAN VIS7W 14/17 Feb PATHEIN VIO9W 17 Feb 14/16 Feb IS* THE BANK lINC (A service of
      330 words



  • Page 40 Advertisements
    • 775 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG EUROPEAN SEN WHO? 9/2 12/3 6/3 4/3 14/3 CYS FRONTIER Wf 101 15/2 13/3 U/3 10/3 14/3 LONDON SEN WFIO9 17/2 17/3 15/3 14/3 11/3 CIS GLORY WFUO 17/2 U/3 16/3 15/3 19/3 SOHLAND
      775 words
    • 1029 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 10/02 ft 17/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 22/02 1/03 MANILA 16/02 23/02 PENANG 22/02 1/03 BUSAN 13/02 17/02 BANGKOK 11/02 17/02 TOKYO 14/02 21/02
      1,029 words
    • 252 40 loading for vessel (Iroei cbo dbn baißes mviho rio sts wit pagua KOSfWff N 4 1/4 M IW J0.4 4ft OPT V MSM 1 discharging fm BRAZIL VESSEL WOW NNI *u VOU NCO KOB MOSTWEEN I V »1»1 I M 11/1 lfcj I*} W1 I Regular BBulk and Container Service
      252 words
    • 1168 40 *3P CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2. MISTRI ROAD, HMC BUILDING FAX *****66 CABL£: COSTARLINE CR NO: **********0 M General Agents: COSTAR SHIPPING PTE LTD TO EUROPE FROM EUROPE VESSEL VOY SCP ROT HAM FIX ANT DKK VESSEL/VOY FIX ROT HAM ANT DKK SGP LUCKY RIVERA OM2
      1,168 words

  • Page 41 Advertisements
    • 796 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \ll IPI Destns 11/2,18/2 EUROPE all Ports 12/2, 19/2 BANGKOK 12/2, 17/2 HONGKONG/CHINA 12/2, 14/2 SYD, MEL, ADEL, BRIS 14/2, 21/2 FREMANTLE 16/2, 21/2 MANILA 14/2, 21/2 PKLG/PENANG 10/2, 17/2 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang Branch
      796 words
    • 245 41 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Linos) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Linos) m ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABBAV WONZ ?7WB 11/02 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 2WB 30/03 DARESSALAAM MOMBASA
      245 words
    • 685 41 tea.P T MASKAPAI PELAYARAN 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 f WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE w i VSL VOY SINi
      685 words
    • 985 41 SYDNEY/MELBOURNE BANGKOK VESSEL VOY SPORE SYD MtL VESSEL VOY SINCAPORE BANGKOK PIYA BHUM 0101 13-14/2 26-28/2 02-04/3 JENLINK 43W Fn In P» Mori 11/2 PLANETA 0246 20 01/3 13-15/3 17-19/3 SIAM PAETRA# 64N Sun 10/2 Wed 13/2 PIYA BHUM 0302 15-16/3 20 30/3 01-03/4 CHAIYA BHUM* lON Sun 10/2 Wed
      985 words

  • Page 42 Advertisements
    • 1244 42 m m MAC-NELS SINGAPORE ["export tel *****22"] import tel *****02"! MAI PENANG TEL: (04) *****6 [KK TEL (088) *****01 TAWAU TEL (089) 7/86/9 P KELANG TEL (03) *****77 IKUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 I J BAHHU TEL (07)*****2 IsißU TEL (084) *****2 LABUAN TEL (087) *****9 JAKARTA
      1,244 words
    • 411 42 IfTW* BLUE STAR LINE IIILF^ r SINGAPORE TO j|NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI- FOR AUCKLAND, NAPIER. WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN. LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LYT MULBERA US 16 Feb M Feb Via
      411 words
    • 1015 42 /SSI THONG SOON LINES PTE. LTD. I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No:. *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH vessel Twit TetT lieit rata. vot eta kit KIM SOON LI 5/91E 08 FEB
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  • Page 43 Advertisements
    • 917 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore E'Msia THOMASEVERETT *30/08 Feb KARABIEVERETT In Pt/09 Feb 10/12 Feb ROSEEVERETT 18/20 Feb 21/23 Feb 26/28 Feb fgk "EVERETT
      917 words
    • 503 43 VSL IvOY |S PORE IMAINUNER [LAX IKST |SAV |NYC |HFX A. VESSEL 15/2 TOKYO 14/3 Z3/3 »3 28/3 30(3 2IM SINGAPORE 381 71,2 ZIM PUSAN »3 1/4 4/4 6/4 1/4 JIM SYDNEY 123E 23/2 ZIM PUSAN 23/3 1/4 4/4 t/4 1/4 A VESSEL 27/2 ZIM PUSAN 23/3 1/4 4/4 S/4
      503 words
    • 713 43 Msing kwang hang 51 My PINO TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE VESSEL [SPORE [JAKARTA [SURABAYA PLANETA 79S 9/2 12/2 JENWEL V 164N 114/2 I— 117/2 VESSEL S PORE BANGKOK A VESSEL 0772 10/2 A VESSEL 10/2 13/2 DESTINATIONS ETA SINGAPORE PORT KELANG 15 FEB MANILA 16 FEB HONG KONG.
      713 words
    • 581 43 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOR 974 09/02 12/02 PRASE Tl A 145 A 14/02 17/02 PELOPOR 975 16/02 19/02 PRASETIA 147 A 21/02 24/02 TANTO UTAMA 141 14/02 17/02 TANTO UTAMA 143 21/02 24/02 TANTO UTAMA 145 28/02
      581 words
    • 414 43 Vi A M^pHHHHHHHpfHH|H^^I I IJIM HI Ik l V l l lr 13! l Ili l > SIN FAR EAST 10/2 KEELUNG/KAOHSIUNG 11/2 BANGKOK 10/2 MANILA/CEBU 16/2 JAKARTA/BELAWAN/SURABAYA 16/2 PORT KELANG/PENANG/E. Malaysia 17/2 BUSAN 10/2 TOKYO/YOKO/KOBE/NGO/OSA 22/2 HONG KONG SIN CHINA 22/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU f DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL
      414 words

  • Page 44 Advertisements
    • 781 44 yOA CB SHIPPING (TO (3 MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCI/BREAKBULK SERVICE "ANKE" SERVICE JAR spt PO* LAI rmii V2ISB 11(3 3/2 16(2 1W 19 »2258 2/3 V 3 I*3 I//J 22/3 PNG. FREIGHT RATES PER TEU LCL CARGO 0-BULK GENERAL FAK U*****0 USO»SR T USO7O/R T >150*13
      781 words
    • 437 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B M T V 02CW91 In Port 3/3/91 4/3/91 9/3/91 N C V 26-90W 15/2/91 15/3/91 4/3/91 10/3/91 MB V 03CW91 26/2/91 20/3/91 21/3/91 26/3/91 K S V 01-91W 5/3/91 30/3/91 20/3/91 25/3/91 *1 SO ACCEPTING CARGO
      437 words
    • 457 44 SIN PTL OBN RBV DAN AOS VO3W 03/03 13/03 17/03 23/03 A VESSEL VO4W 21/03 31/03 05/04 B VESSEL VOSW 06/04 16/04 21/04 Accepting 'FCL' and LCL' tor Johannesburg VESSEL RBY OBN PTL SIN KEE BUB ALS STRENGTH VOIE 22/02 26/02 03/03 13/03 22/03 26/03 ALS ENDEAVOUR VO2E 12/03 17/03
      457 words
    • 1048 44 CUJi con wnv inTEßmnnnC^ 1 LCL/FCL SERVICE FROM J H [fil W CWI QVf 600 tofm<n«l«/ofnc— tn US.A. I II mainulnt ovw 35,000 tractor# A truck*. I UmL M CWI mtvm over 60,000 points in U.S.A. IB II jUkH\ m CU/I offer reJiaWe LCLTCL »erv(c«« Gmral AkMi: >f»i r 7BAMSTL/A//C
      1,048 words

  • Page 45 Miscellaneous
    • 576 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0800 0900 *****100 1200 1300 1400 *****600 1700 *****900 2000 2100 2200 2300 JR 14 16 20 23 24 2.5 24 2.2 19 16 1.3 1.2 LI 11 12 1.3 1.4 1.5 1.5
      576 words

  • Page 46 Advertisements
    • 384 46 CHARTPOINTII Every Saturday in Business Times PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 11/2 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 9/2 DUMAI/PEKAN BARU KUALA SIAK 111 8/2 DUMAI KUALA SIAK V 15/2 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS Also accepting cargo
      384 words
    • 666 46 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VQY LBH OAK SEA HKG SIN HYUNDAI COMMANDER 23E 8/2 14/2 4/3 7/3 10/3 9/3 CGM PASCAL 00W 25/12 2S/U 1/1 11/1 27/1 HYUNDAI CHALLENGER 40E 16/2 21/2 11/3
      666 words
    • 492 46 ICHARTPOINTI Every Saturday in Business Times UK/CONTINENT (TRIO) AT l| [sTwTIS'TOfI H BURG B HAVEN R OAM LEH K Si 1? Rotterdam to Antwp. Amsterdam Otic. Helsinki BENALDER «517 11/2 27/2 2/3 Brtmnluvwi To Brwiwn BMgrarHsi \j& jg MEDITERRANEAN (MED CLUB)* JEDDAH Tnaaport] P n*ut B cdoni M't*ill*> C*not Trwtto
      492 words