The Business Times, 4 March 1991

Microfilm: NL17466
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday, March 4, 1991 75*
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  • NEWS SUMMARY
    • Article
      Offshore banks in Philippines allowed to open LCs
      81 1 THE PHILIPPINE central bank yesterday said it has decided to allow oflshore banking units operating in the country to open limited amounts of export letters of credit. The policy-making Monetary Board ruled last Friday that negotiations of letters of credit by offshore
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    • Article
      Face-lift for Scotts
      31 1 THREE YEARS after a massive face-lift, Scotts Shopping Centre is to undergo yet another upgrading effort aimed at giving it a new image for the 1990s Page 2
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    • Article
      Triangle moves ahead
      44 1 THE SIGNING of a Memorandum of Understanding between a Johor state-owned foundation and the owners of Batam's Turi Beach Resort marks a significant step towards the realisation of cooperation between Indonesia, Johor and Singapore to develop the Growth Triangle. Page 7
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    • Article
      Aussie mission to US
      37 1 AUSTRALIA is sending a trade mission to the US to try to "moderate the damage" caused to Australian agriculture by the US Export Enhancement Programme, Prime Minister Bob Hawke has disclosed Page 7
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    • Article
      US analysts unfazed
      41 1 IN SPITE OF the persistent negative readings in the index of US leading indicators, the longest such string since 1984. most analysts still say the American economy is likely to climb out of recession this summer. Page 9
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    • Article
      Women making mark
      33 1 WITH growing numbers of women rising through the ranks to head businesses and organisations of all kinds, women in Singapore are carving a niche for convincing female leadership Page II
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    • Article
      Private and public
      23 1 JANE GLOVER, the artisticdirector of the London Mo/art Players, is a very private person in a public domain Page 15
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    • Article
      Move to link systems
      27 1 SIA is spearheading a project aimed at linking the information systems of various airlines operating in the Republic. Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      Savings for banks
      37 1 THE Big Four local banks stand to save between $3 million and $7 million each in their annual tax bill with the government's move to allow tax breaks on banks' general provisions Page 3
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    • Article
      Bleak prospects
      22 1 INNO-PACTFIC Holdings' hopes for an early settlement to the saga of Lucky Man. its Hongkong associate, appear doomed Page 3
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    • Article
      Indirect stake for APB
      40 1 ASIA PACIFIC Breweries will end up indirectly with a stake, through its new shareholding in Magnum Corp, in the largest hotel chain in Australia as a result of a deal struck in late February Page 3
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    • Article
      Mixed forecast
      34 1 PHILIPPINE beer and food conglomerate San Miguel Corp expects the current dip in its profits to continue for most of 1991 but sees recovery towards the end of the year Page 4
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    • Article
      Credit cards on rise
      37 1 THE NUMBER of credit and charge cards issued to Singapore residents grew last year in spite of stricter guidelines from the Monetary Authority of Singapore on the issue of such cards Page 6
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    • Article
      Watchdog for banks
      29 1 AUSTRALIA'S Reserve Bank is planning to set up a watchdog committee to monitor banks and lending following the near collapse of two state banks Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Friday Change BT-MGA 710.16 -1.55 Kuala L umpur 559.5! -2.89 Hongkong 3,552.37 +0.23 Tokyo 25,881.57 -527.65 Svdnev 1.396.2 -8.4 New York 2.909.90 +27.72 London 2,386.9 +6.0
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.7320 100 Yen SSI.2911 MS SS0.6354 Money market rates Overnight 4-7/8 +1/8 3-month 4-7/8% +3/16
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    • Article
      COMMODITIES
      28 1 London Gold AM fix USS367.45 USS4 45 Rubber S'pore Apr l46.75'/kg +1.25 M'sia Apr 225.50»/kg +0.25 KL Tin Turnover 67 tonnes f 23 Spot MS 15.00/kg -0.03
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  • Article
    Jurong Shipyard profit hits record $50.4m
    549 1  -  Gulf crisis unlikely to affect 1991 results: Chandra Das By Selva Kumar JURONG SHIPYARD Ltd (JSL) reaped a record $50.4 million in net profit after tax and minorities last year, a 52 per cent growth over 1989. The result, which surpassed analysts' predictions of
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  • Article, Illustration
    BP, Mobil reinforce presence
    592 1  -  Singapore fast becoming hub of oil majors By Lob Hui Yin ALREADY host to several major new investments from oil companies, Singapore is fast becoming the hub of their operations in the AsiaPacific region. British Petroleum and Mobil arc putting new corporate structures in place in
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  • Article
    Lock icon Riots break out as Iraq agrees to all ceasefire demands
    479 1 The Gulf after the War Agencies IRAQI commanders have agreed on all matters raised at ceasefire talks with allied military chiefs at an air base inside Iraq, US General Norman Schwarzkopf, the allied commander, said yesterday as reports began filtering
    Agencies  -  479 words
  • Article
    Sime Darby's interim earnings up by 9pc
    510 1  -  By Magdalene Ng MALAYSIAN blue-chip Sime Darby managed to show 9 per cent growth in net group earnings to M$ 141.5 million (SsB9 million) in its half-time results despite poor business conditions, particularly in its plantation division. Directors said over the weekend that
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      193 1 Protect Your Eyes. Built-in ll' Imrrter prt-\inls light Huki-ring. 1 Yrtmul latrrtrr laMr I imp* I Jr«r SM-iuU\ lirMvmil fair: S. ArchilcclvlX'MtgiKiN (Hike jjjfe Kkloi> Kc.Hltne Minkim? VU IItONPKOIM IM-lt I 111 \hi» Xv.tilil'K WOHWMKM W (Hvh.uJ Ko-mI .< >uh.ml CU/41 *iinnyiwr iftV lei Dnkvo Kjh«nlPjik*.i> P«.»k I himNHi Ihi'itiMm
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      Page 1 Advertisements Column 2
      11 1 Beijing gets cold shoulder over contracts, Pr 8 Analysis, Pr 10
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      Page 1 Advertisements Column 3
      147 1 #01-22 Tanglin Shopping Cantra. Td: *****47 I 27. Tanglin Rd. Singapore 1024. Tai: *****43. *****53' Sime property arm is group star performer, Pg 3 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        No reason to be unhappy with budget
        109 2 WORKERS have no reason to be unhappy with the 1991 budget, commented Ong Teng Cheong. secretary-general ot the National Trades Union Congress, on Saturday. Ihe budget statement was delivered last Friday. He said the increase bv one percentage point to 17.5 per cent
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      • Article
        Grace period ends
        81 2 THE grace period for the three-quarter-tank rule ends today. From tomorrow, motorists leaving Singapore with their petrol tanks less than three-quarters full may be lined or charged in court. The one-month grace period, from Feb 4. was given to allow motorists to adjust to this new minimum
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      • Article
        Calling St Helena
        63 2 NUMBER-TO-NUMBER telephone service to St Helena is now available. A Singapore Telecom statement said that the charge of $19.50 for the first block of three minutes and a subsequent block of $6.50 per minute will be levied, compared with the more expensive person-to-person telephone service charges of
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      • Article
        Investing in New Zealand
        86 2 THE New Zealand Minister of Commerce and Minister for Trade Negotiations. Philip Burdon. will be hosting a seminar in Singapore this week about investment opportunities in New Zealand. Organised by the New Zealand High Commission. the New Zealand Business Council. Singapore Chapter of the Asean New
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      • Article
        Agreement on air services
        102 2 SINGAPORE and France have reached an agreement for two more weekly 8747 services. One service will begin from April 1, and the other from November 1992. There will be an additional weekly freighter service from next month for each party. This means that airlines from each
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      • Article
        NUSSU convenes commission
        66 2 THE National University of Singapore Students' Union (NUSSU) hap convened an Education Commission to find out from major employers of local graduates whether there is a perception that local graduates are less adept at social communication and interpersonal skills vis-a-vis foreign graduates. The survey, which will be
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    • Article, Illustration
      Scotts pats on a new front to face the 1990s
      476 2  -  By John Tan THREE YEARS after a massive face-lift. Scotts Shopping Centre is to undergo >et another upgrading effort aimed at giving it a new image for the *****. The $6 million project, due to start next month, will include
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    • Article
      Transpac Ventures investing in Thai companies
      280 2 IX K \l. venture capital companv I ranspae Ventures has teamed up with locally-listed Metal Containers and I'hatra I hanakit of I hailand to invest a total of 52.5 million in the l'hai machine manufacturing group ol Sineo and Sintraeo. Ihe investments by I
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    • Article
      Ministry responds to Gillman Heights repainting issue
      347 2 THE Ministry of National Development provides financial assistance to town councils to help defray the costs of cyclical maintenance works such as the repainting of four-room and smaller flats in housing estates. In the case of the bigger units, like five-room, executive and
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    • Article
      Poly maritime courses: sea stint now optional
      214 2 CHANGES to the Singapore Polytechnic's maritime in-dustry-related courses will give students the option of whether they want training for a career ashore or at sea. From July, the Diploma in Marine Engineering course will he restructured so that a student can complete the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      148 2 An inspiring lifestyle begins with d-SCAN Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SC AN teakwood household and office with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or \isit any of our Renowned for its simple, clean lines and
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Big Four could save $3m-$7m each
      602 3  -  Budget incentive: tax breaks for banks' general provisions By Alvin Tay THE Big Four local banks stand to save between $3 million and $7 million each in their annual tax bill with the government's move to allow tax breaks on banks' general provisions. DBS
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    • Article
      Magnum Corp buys into Australian pub chain
      375 3  -  From Selwyn Parker in AUCKLAND ASIA PACIFIC Breweries will end up indirectly with a stake, through its new shareholding in Magnum Corp, in the largest hotel chain in Australia as a result of a deal struck in late February. In the agreement announced
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    • Article, Illustration
      Lock icon RJ Reynolds Bhd makes billion dollar entrance
      379 3 MBT CIGARETTE manufacturer RJ Reynolds Bhd (RJR), which made an impressive debut on the Kuala Lumpur stockmarket last Friday, is generally happy with the reception that it has received from the public. At the closing price of M 54.86 a share (a premium
      MBT  -  379 words
    • Article
      Lucky Man heading for court battle with Mandarin Resources
      523 3  -  By Magdalene Ng INNO-PACIFIC Holdings' hopes for an early settlement to the saga of Lucky Man, its Hongkong associate, appear doomed. Lucky Man now looks it is headed for a court battle with Mandarin Resources in October. The four-year dispute between
      523 words
    • Article
      Sime property arm takes the lead as group star performer
      619 3  -  By Magdalene Ng SIME UEP Properties turned in a sterling performance for the interim period to endDecember 1990. replacing Tractors Malaysia Holdings as the star performer in the Sime Darby stable of listed companies. The property arm of Malaysian conglomerate
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    • COMPANY BRIEFS
      • Article
        G Lumber may raise Rashid Hussain stake
        85 3 GENERAL Lumber Moldings (GLH) may further increase its stake in Rashid Hussain (RHB) if the price of RHB shares remains at a "conservative" level said its chairman. Wan Azmi Wan Hamzah last Friday. He said it is a "fair speculation" that GLH may
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      • Article
        Pan Pac Asia plans research arm
        90 3 PAN PACIFIC Asia Bhd. which will soon be listed on the Kuala Lumpur Stock Exchange, plans to set up a research department either in Kuala Lumpur or at its Johor Bam headquarters in its bid to secure more foreign and institutional clients. Currently the
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      • Article
        Nestle (M) profits up 14.4pc
        101 3 NESTLE (Malaysia) achieved a 14.4 per cent increase in pre-tax group profit to MS 106 million (SS67 million) for the year ended Dec 31. 1990 against V 1592.6 million previously. Profit after tax for the same period amounted to M 564.9 million against M 556.6
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      • Article
        IGB unit plans more projects
        93 3 PRIMA Condominium, a wholly-owned subsidiary of IGB Corp and developer of"the Prima Damansara condominium in Damansara Heights (KL) is expected to launch more housing development projects, including condominiums and apartments this >car. These include Desa Damansara Phase 2 which consists of 80 units of luxury
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      • Article
        Allied Metalcraft sales soar
        62 3 ALLIED Vlctalcraft Corp Sdn Bhd (AMC Malaysia), a direct sales company dealing with high quality cookware. chalked up a turnover of VIS2O million last year a 25 per cent increase over 1989. Managing director PK Lim said AMC Malaysia has a market share of more than
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      245 3 I'll call you aaain tomorrow *>—• t rom the hotel. J < ANA HOTEL SINGAPORE N i x i < i. l>* 1 i.i, \sin|\ wv i. i. .3* j.ii., Jfll' 4i,Jl What do world-dass ballet and international trade finance hove in common? MNB A dance company as legendary as
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Record sales for East Asiatic's Thai unit
        70 4 EAST ASIATIC Co Ltd said its Thai unit The East Asiatic Co (Thailand) Ltd reported record sales of four billion baht in 1990, up 20 per cent from 1989, and net profit of 641 million baht against 239 million. The jump in net
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      • Article
        Shin-Etsu, BASF venture
        58 4 SHIN-ETSU Chemical Co Ltd and German chemical manufacturer BASF AG will jointly develop synthetic pheromones, an agricultural chemical which prevents insects from mating, a Shin-Etsu spokesman said. Shin-Etsu and BASF, which already produce synthetic pheromones on their own, have agreed to jointly develop a new strain in
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      • Article
        Last ditch bid to save paper
        60 4 NEW ZEALAND'S Independent Newspapers Ltd (INL), half owned by Rupert Murdoch's News Ltd, has launched a last ditch bid to save its ailing Auckland Star newspaper. INL announced on Thursday that 40 more journalistic staff were to be made redundant and the afternoon paper
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      • Article
        New recording technology
        61 4 HITACHI Ltd said it has developed high density magnetic recording technology which will make it possible to realise recording density some 20 times higher than that of today's hard disks. The technology will make it easy for the external storage devices of workstations and other small computers
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      • Article
        Mobil discovers more gas
        62 4 AN INDONESIAN subsidiary of Mobil Oil Corp has discovered a new gas deposit close to its highly productive Arun gas field, the Indonesian state oil firm Pertamina said on Friday. Drilling and testing by Mobil Oil Indonesia Inc of the South Lhok Skon D-l exploratory well
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    • Article, Illustration
      Lock icon San Miguel sees recovery ahead
      418 4 Year-end growth hinges on economic improvements Reuter PHILIPPINE beer and food conglomerate San Miguel Corp expects the current dip in its profits to continue for most of 1991 but sees recovery towards the end of the year. "The market will be flat for most of
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    • Article
      Shinawatra will weather the storm: analysts
      437 4  -  From Michelle Rowe in BANGKOK BESIEGED Shinawatra I Computer Company shares regained some ground on the Stock Exchange of Thailand last Fridav. trading at around 380 baht (SS26). Financial analysts in Thailand claim last week's heavy selling of Shinawatra stocks by foreign investors was
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    • Article
      Earnings at First Pacific up by 28.4pc to HK$366m
      369 4 HONGKONG firm First Pacific Co has chalked up a 28.4 per cent increase in profit before extraordinary items to HK5366.1 miilion (5581.4 million) for the year ended December, compared with previous earnings of $285.3 million, the South China Morning Post reported
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    • Article
      Lock icon Toyota buys 40pc of Merrill Lynch unit
      225 4 AFP TOVOI Motor Corp. Japan's largest car maker, has acquired a 4(1 per cent stake in a Japanese subsidiary of L'S finance giant Merrill I.ynch to boost its fund management activities. Ihe car maker's wholly owned loyota Finance Corp. which specialises in the
      AFP  -  225 words
    • Article
      Lock icon Japanese oil company profits may dive if price monitoring ends
      539 4 Reuter 11l t END of the Ciulf War will have little impact on Japanese oil companies, but any halt to government price monitoring could launch a price war that will inflict heavy damage on their earnings. industry sources said. "Increasing
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      813 4 SINGAPORE INSTITUTE OF I MANAGEMENT I MANAGEMENT DEVELOPMENT PROGRAMMES I MARCH-MAY'9I I I SEiunn iiaiaill—ll 41. SIM Course Leaders' Course Mar 18-23 I 11. The Job of the Chief Executive Mar 31-Apr 5 42. Evaluating Employee Performance Mar 20-22 I I 2 Strategic Management-A tool for 43. How to Deve
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Sears, Roebuck faces stiff turnaround obstacles
      503 5 Reuter SEARS, Rocbuck Co remains cautious about the timing for a turnaround, said chairman Edward Brennan, citing how a recessionary economy and weak consumer confidence have created a fiercely competitive environment for retailing. "Our best guess is that the second half of the year
      Reuter  -  503 words
    • Article, Illustration
      Lock icon Philips needs to slim down, say analysts
      508 5 Company suffered net loss of 4.24b guilders Reuter NV PHILIPS, battered by the largest loss ever reported by a Dutch company, must slim down to make its cost cutting drive more effective, analysts say. Restructuring charges of 4.65 billion guilders (554.67 billion) pushed
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    • Article
      Lock icon Porsche's profit drop partly due to lower dollar
      300 5 Reuter Pt )KSC 111 M pei cent drop hi pre-tax profits in the tii st halt ot its I WO/ 1 I year was due to a lower dollar, inghci ios|s and lower sales ot the spoils eai inaket's toui-cy lnuler l
      Reuter  -  300 words
    • COMPANY BRIEFS
      • Article
        LA Gear in talks with banks on credit pact
        105 5 I c,l \|< |\< saul it is in discussions with its hank group icgatding .1 ivinianent waiver of the covenant defaults and icstructurmg ot a credit facility by March 15. As previously announced, the hank group with which I.A Gear has
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      • Article
        Southland bankruptcy revamp
        100 5 SOI III! I) Corp said it plans to complete its bankruptcy reorganisation tomorrow when it closes its stock purchase agreement with Ito-Yokado Co Ltd and Seven-Eleven lapan Co Southland said it plans to discontinue the following securities and issue new ones after tomorrow: its 1V per cent
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      • Article
        Nestle restructuring
        84 5 NI SI I I ISA Inc. a subsidiary of Nestle SA, said it is restructuring its 15 US companies into six business units aligned mainly along product or service lines. Nestle Foods Corp and Carnation Co become Nestle Carnation Food Co. Complete restructuring and consolidation activities are expected
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      • Article
        Omni still in talks with Lonrho
        83 5 I KOI MI I I) S\ms> investment group Omni Holding AG %aid it was still trying to negotiate a deal with British conglomerate I onrho pic which might help it out of its financial difficulties. Omni also confirmed that Swiss employment agency \dia SA
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      • Article
        Fisons pre-tax profits
        65 5 HI \l rHC \KF. scientific equipment and garden products company I isons pic is expected to report 1990 pre-tax profits of t225 million (***** million) to £235 million tomorrow, up by over a third from 1989's £169 million, analysts said. "Pharmaceuticals will have been the main driving
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      • Article
        Ferruzzi boosts stake in BSN
        63 5 I I KKI //I I inan/iaria SpA spokesman said the ag-ro-industrial group boosted its holding in France's BSN to about 60 per cent after purchasing another 5 per cent on the Paris bourse on Friday. He did not give additional financial details. It was a
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      113 5 STERLING HAS TURNED FURNISHING YOUR HOME INTO AN HISTORICAL OCCASION •.*HlPP—CgjHfci -> m At Sterling, we have classic furniture for Their turn of the trr-rut o and detail V today's lifestyle. Complete with a wealth of details make furnishing your t historical j p J 1 styled in the finest
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Nomura subsidiary sets up US joint venture
        96 6 NOMURA Securities Co 1 til's Nomura Securities International Inc subsidiary said it has formed a new equally-owned I S joint venture with l udor Investment Corp tor the global trading of interest rate and stock index derivative products, currencies, energy futures and metals
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      • Article
        Visa to make appeal
        110 6 VISA USA Inc said it will appeal against a decision last Thursday by US District Court Judge David Sam in Salt l.ake City deny ing its request to reconsider his Feb 22 ruling allowing Scars Roebuck and Co to issue V isa cards through a Utah
        110 words
      • Article
        Staal Bankiers skips dividends
        115 6 STAAL Bankiers NV said it made a net loss of 58.4 million guilders (5558.6 million) in 1990 after an eight million guilder profit in 1989. It said it would not pay a 1990 dividend after a 0.40 guilder payout on 1989 results. Staal said in December
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      • Article
        UK aims for flexible framework
        92 6 UK AUTHORITIES aim to provide a flexible regulatory framework for the financial markets in order to help London maintain its leading position as a financial centre, said Pen Kent, associate director of the Bank of England. "In the UK. the authorities' approach is very much
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      • Article
        First Interstate to cut assets
        98 6 FIRST Interstate Bancorp will aggressively reduce problem asset* in 1991, chairman Edward Carson said. But the costs of that programme, and higher provisions at its California unit, will keep 1991 earnings below 1990's U*****.7 million (SSX! 1.7 million), he said. "There is no doubt at
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      • Article
        French brokerage trims staff
        81 6 C REDIT Lyonnais Securities Asia Ltd has reduced its stafl and warned of lean times ahead despite recently improved turnover at the bourse in Hongkong. The French brokerage house has laid off seven of its 90 Hongkong staff, including four researchers and a sales broker, in
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    • Article
      Credit, charge cards see 28pc rise in number
      529 6  -  More than $2.7b spent last year by Singapore card-holders By Diana Oon THE NUMBER of credit and charge cards issued to Singapore residents grew last year despite stricter guidelines from the Monetary Authority of Singapore (MAS) on the issue of such cards.
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    • Article, Illustration
      Lock icon BankAmerica to make full bid for Bank of New England
      448 6 Reuter BANKAMERICA CORP will bid for all of Bank of New England Corp, says Bank America chairman Richard Rosenberg. "Our interest is not fading in the whole bank. We expect to bid for the whole bank." he told reporters last
      Reuter  -  448 words
    • Article
      Lock icon Reserve Bank of Australia to set up watchdog body
      260 6 AFP AUSTRALIA'S Reserve Bank is to set up a watchdog committee to monitor banks and lending following the near collapse of two state banks. The Reserve Bank relied on the honesty of bank boards and external auditors' reports to ensure that
      AFP  -  260 words
    • Article
      Lock icon UBS suffers big drop in profits, but upbeat about 1991
      395 6 Reuter UNION BANK of Switzerland has reported a sharp fall in 1990 profits, but says this year looks better. It has also unveiled a new management structure designed to improve competitiveness. ÜBS said group profit fell 9.3 per cent to
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    • Article
      Lock icon Abbey not immune from downturn
      203 6 Reuter ABBEY National pic. Britain's second biggest mortgage lender, said it is not immune from the downturn in the financial services market. Earlier, it announced 1990 pre-tax profits of £582 million (551.920 million), up from the previous £501 million. The final dividend was raised to
      Reuter  -  203 words
    • Article
      Lock icon Nat-Ned merger certain, say analysts
      211 6 Reuter AS THE vestiges of opposition to their merger crumble, insurer Nationale-Ncdcrlan-den NV and NMB Postbank Groep NV are likely to receive a resounding majority of shares under an exchange offer that expired last Friday, analysts said. "It looks as if they'll get a very
      Reuter  -  211 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      182 6 1991 BUDGET AND TAX UPDATE ~1™ INCLUDING THE ANDERSEN SINGAPORE/INDONESIA DTA ASSOCIATES PTE. LTD. Are you in the dark about the Budget and its implications? If you need to know what the Budget opportunities, incentives and implications mean to your business, call Arthur Andersen Associates for a review. T 2
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      31 6 Dollar$ Non$en$e ;m=r. fan J/pyi Look, you think you're sick and I think you're sick, but the medico 6000 here says you're fit as a fiddle and incidentally owe me $262.48."
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  • THE REGION
    • Article, Illustration
      Turi deal a Growth Triangle milestone
      867 7  -  Ranjit Gill writes about the significance of the Turi resort joint venture toTriangle cooperation Ranjit Gill THE SIGNING of a Memorandum of Understanding (MOU) between a Johor state-owned foundation and the owners of Batam's Turi Beach Resort marks a significant step towards the realisation
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    • Article
      Lock icon Aussie team for US to seek relief on farm exports
      327 7 AFP AUSTRALIA is sending a trade mission to the United States to try to "moderate the damage" caused to Australian agriculture by the US Export Enhancement Programme, Prime Minister Bob Hawke said on Saturday. The mission, to be led by
      AFP  -  327 words
    • Article
      Lock icon Meeting to coordinate promotional efforts suggested
      266 7 MBT MALAYSIA and Indonesia have proposed a trilateral meeting between Malaysia, Indonesia and Singapore to coordinate the promotional efforts of the Growth Triangle. Datuk Ahmad Kamil Jaafar, Secretary General of the Ministry of Foreign Affairs, told the Malaysian press after one-and-a-half hours of bilateral
      MBT  -  266 words
    • Article
      Lock icon Vietnamese writer calls for reforms
      380 7 AFP VIETNAMESE writer and editor Nguyen Khac Vicn, an elderly intellectual long associated with the Hanoi regime, has callcd for the resignation of most of his country's communist leaders and the introduction of broad democratic freedoms. Mr Vicn. 78, the former director of Hanoi's Foreign
      AFP  -  380 words
    • Article, Illustration
      Lock icon Equally at home as diplomat, statesman, businessman
      487 7 Profile of interim Thai Prime Minister AP ANAND PANYARACHUN, named Prime Minister of Thailand's interim government on Saturday, was a diplomat for a quarter century and served as ambassador to the United States and the United Nations. As a director-general at the Foreign
      AP  -  487 words
    • NOTE BOOK
      • Article
        Aquino not running for second term
        101 7 PRI SIDF.NI Cora/on \quino, lamenting her advancing years, said yesterday she intended to work with private oiganisations engaged in development work instead of seeking a second term next vear. "I will he the first incumbent president who is not running tor re-election. While it
        101 words
      • Article
        Kedah in the dark
        99 7 Mil kl.DAll CiOV I RNMIiN'I is m the dark as*o whethei a Malavsian companv will go ahead with a joint-venture pn>iect with two toieign companies to huild a MS2 billion (about SS 1.7h billion) oil tefinery in Van. Menteri Besar Datuk Sen I lap Osman A
        99 words
      • Article
        Johor on workers' potential
        104 7 I 111 JOHOR (it>V I RNMFN I has identified between (•'too .iiul 80,000 v\«»tkois in the state who can he trained as skilled workcts to meet the needs of industries. State Sneiite, technology and Human Resources Committee i li.iuman l)i hua S<m ok says this is
        104 words
      • Article
        Viet workers to return home
        106 7 \BO! I 33.(KK1 of almost 140.000 Vietnamese still working in the Soviet 1 nion or I astern Furope will be repatriated this yeai, turthei swelling the ranks of job-seekers, the ictnamcse press said yesterday. Earlier this year, there were 72.000 Vietnamese in the Soviet Union,
        106 words
      • Article
        Chinese officials visit HK
        75 7 I UN As top officials in charge of Hongkong arrived in the Biitish colony yesterday for an official three-day visit. Lu Ping, director ot the Hongkong and Macau Affairs Office under China's State Council, and his predecessor, Ji Pengfei. called lor closer cooperation with Britain and
        75 words
      • Article
        Aussie-French treaty
        69 7 A FRIENDSHIP TREATY has been established between the Western Australian port city of Fremantle and the French city of Toulon, in the south-eastern region of Provence. The formal signing of the accord to encourage commercial, economic and trade links took place last Friday in I rcmantlc. Ihkm southwest
        69 words
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      33 7 HjSSk IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg., 4-8-i Hatcho bon. Chuo ku, Tokyo 104. Japan Tel: 03 553 696 1 Fax: 03-555-2892
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      Page 7 Advertisements Column 2
      146 7 EM UO M M! ACCOUNTS RECEIVABLE j FINANCING —-—y CCS's wide range of services also Look at aM the twwlrts ,ou will. n.oy |hB ollowing acl ies from CCS Accounts H^ceivaMo Financing: Hire Purchase Leasing Scheme ChMpwardim faoMy w? ,mmed,a,e t uSe of nood<; purchased eg new vehicle j No
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Tokyo envoy sees role in Iraqi reconstruction
        119 8 I \P\N should he able u» draw on its own experience as a u.ir-deteaied nation to help Iraq recover from the Ciulf war, n. Japan's ambassador to Iraq. "I think there are a lot of tilings Japan can do tor Iraq as the
        119 words
      • Article
        China to adjust housing rents
        95 8 C HINA plans to take urgent action to adjust rents and encourage private ownership of housing. Chen Jinhua, successor to Premier I 1 1\ ng as the head of the State Commission i Restructuring the I conomy, indicated that rents would be t.iiscd to finance
        95 words
      • Article
        Tianjin plays host to trade fair
        81 8 I I \NJIN C1I"Y. looking to speed up its development through foreign capital, is playing host to an international trade fair in which 60 nations and regions are taking part. I he official C hina Daily newspaper said last Saturday that C hina's new
        81 words
      • Article
        Big trade deficit for Seoul
        72 8 S()l 111 KORFA posted a large February trade deficit of 551.601 billion (552.77 billion), after a record January trade deficit of U551,784 billion. The Trade and Industry Ministry said in Seoul last Saturday that exports in February amounted to I 554..X41 billion, a rise of
        72 words
      • Article
        Poland sets term for payment
        93 8 POLAND has said it will make no payment on its interest j. ears to foreign banks until they agree to a major reduction of its huge debt. A Finance Ministry statement in Warsaw last Friday said any payments emerging from such an agreement would be
        93 words
      • Article
        World Bank chief visits Chile
        56 8 WORI D BAN'k president Barber Conablc last Friday met Chilean economic officials to discuss US$l.B billion (SS3.I billion) in possible loans to Chile over the next three years. 1 ollowing a two-hour meeting in Santiago. Chilean Treasury Minister Alejandro Foxley called the visit by Mr
        56 words
    • Article
      Lock icon China gets tough US warning on copyright
      487 8 AP OFFICIALS must eliminate piracy of computer software and other copyright products in China or face punitive tariffs on exports to the US. a US trade official has warned. Joseph Massey, Assistant US Trade Representative for Japan and China, said in Beijing last
      AP  -  487 words
    • Article
      Lock icon World Bank sets terms for aid to India
      367 8 Reuter INTERNATIONAL lending agencies are ready to help India overcome its current financial crisis it' it can put forward a satisfactory economic adjustment plan, says a top World Bank official. "With a substantive reform programme, they would get enough resources from the
      Reuter  -  367 words
    • Article, Illustration
      Lock icon Beijing gets cold shoulder over contracts
      311 8 The Gulf after the War UPI KUWAITI DIPLOMATS say none of the billions of dollars in Kuwaiti reconstruction contracts awarded so far has gone to China, which balked at supporting the emirate's military liberation. Kuwait had refused even to grant the visas that would
      UPI  -  311 words
    • Article
      Lock icon Costs of war relatively cheap for US
      328 8 NYT COULD paying for the Gulf War prove as easy a ride for Americans as fighting it? Economists take a perverse pride in supplying the rain for every parade. But even the most cautious are showing signs of being swept up in the
      NYT  -  328 words
    • Article
      Lock icon International banks in Gulf seek more specialised roles
      407 8 Reuter INTERNATIONAL banks in the Gulf are seeking different, more specialised roles to survive in a constrained postwar financial climate, according to managers in the region's offshore banking centre, Bahrain. They predicted that some of the smaller offshore banks that swarmed in
      Reuter  -  407 words
    • Article
      Lock icon Bullish analysts unfazed by poor US economic signs
      554 9 Most experts see reeession ending by summer NYT IN SPITE OF the persistent negative readings in the index of US leading indicators, the longest such string since WB4, most analysts still say the American economy is likely to climb out of recession
      NYT  -  554 words
    • Article, Illustration
      Lock icon Open up financial markets by mid-1992, EC to tell Seoul
      378 9 Reuter THE European Community's Competition Commissioner Sir Leon Brittan will urge South Korea this week to open up its financial markets or risk being shut out of the EC's own market after 1992. "He will make clear to the South
      Reuter  -  378 words
    • Article
      Lock icon Report shows slight pick-up in US economy
      386 9 NYT ACCORDING to a survey of purchasing managers, the US manufacturing economy remained in a malaise in February. but it did show a slight improvement from January. The National Association of Purchasing Management said on Friday that its index of economic activity rose
      NYT  -  386 words
    • Article, Illustration
      Lock icon Gatt delegates set date for farm talks
      291 9 Reuter GA IT negotiators have decided to begin a week of intensive talks on agriculture on March 11. starting with the issue of how to cut domestic farm subsidies, a spokesman for the world trade body announced in (icneva last week. I arm
      Reuter  -  291 words
    • Article
      Lock icon Soviet state control of trade to end
      537 9 Powerful state trading bodies to be dismantled Reuter THE SOVIET UNION plans to dismantle the powerful state trading organisations whieh eontrol the country's imports and exports of key eommoditics. a senior foreign trade official said on Eriday. "A government decision is being prepared
      Reuter  -  537 words
    • Article
      Lock icon New law to open up forex market
      215 9 Reuter THE SOVIET Parliament has adopted a law that will permit wider participation in foreign exchange trading and may help the country to achieve its goal of making the rouble convertible. The new law on hard currency regulation passed last Friday outlines procedures
      Reuter  -  215 words
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      Page 8 Advertisements Column 1
      454 8 11 14th 15th March Official Opening Keynote Address K II Y.B. Dato' Sabbaruddln Chlk, Minister of Culture, Arts Tourism How will the Tourism Industry fare as a result of the Gulf War? Will the expected economic stow- §9 down affect Malaysian Tourism? How can Malaysia consolidate Its Tourism gains achieved
      454 words
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      Page 8 Advertisements Column 2
      107 8 Personal touch. Gracious living. Smiling, t'ricndk laces await >ou at Liang Court Rcgencv. Llegant apartments vsith residential tiuiehes. Superb amenities lor recreation, entertainment. dining out anil shopping at your doorstep. choice location near exciting Orchard Road and the central business district. And k n),txi of all. that warm lainilv atmosphere
      107 words
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      407 9 BUSINES S T I M E S I I I.EPHONE: 73 0- 5937/5902/5942 FAX: 73 4- 4982 X? jr!?x7j I'vjpl 1 SENIOR INVESTMENT ANALYST MAJOKPOBUC COMPART SALARY NEGOTIABLE (MS/S/403) A MAJOR PUBLIC COMPANY, with substantial interests in quoted and unquoted securities in Singapore. Malaysia and overseas companies. wishes to appoint
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  • ANALYSIS
    • Article
      The thinking behind the Budget and what it means
      974 10  -  Mukul Asher examines some long-term implications of the 1991-92 Budget and suggests issues that may need more debate Mukul Asher The writer is an associate professor at the \i'S Economics Department The goh government's first Budget presented last Friday was interesting
      974 words
    • Article, Illustration
      Boom from the ashes of war
      1166 10  -  Kuwait's shopping list for its reconstruction is estimated to cost between US$25 billion and US$4O billion. S N Vasuki looks at what this massive rebuilding effort may offer Singapore companies S N Vasuki IN SHEER size and scope, the reconstruction of Kuwait will parallel
      1,166 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      196 10 Y S S Special Steel Are your profits slipping through the cracks? "res' yfat w Thanks to a Hitachi Metals techn.que call- Our New Technic* Approach Actual reeulte using YSt t—to ed Isotropy dies made of our YSS special loot V*ODV 1,500-ton precision aluminium die-casting steels can last many times
      196 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      30 10 DOONESBURY BY GARRY TRUDEAU UJiTHTHSPRe<Z>, YOU JUST HAVE \J 56R.GE/W I'LL Hm TO Tom&G&m&HcamoL Vlh/KK /if thgguy Y ANY OF backtc soupijt*A JL mx^tPOtAmseeus TO S you&JYS y oc°* THAT
      30 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Women who dare and care Women who dare and care
      1364 11  -  Women managers and entrepreneurs have made a significant contribution to the Singapore economy and some have earned international recognition. Margo McCutcheon reports Margo McCutcheon \laryo \h< ith heon is a turlani v writer hasiil in Singapore IN THE area of
      1,364 words
    • Article
      MEMOPAD
      423 11 Seminars and courses Duration I itle Venue Organiser lei Jan X Program SMA Mouse The Singapore *****87 Mar 12 Certificate In Manufacturer's Purchasing Skills Association Ian 15 Import fx port SMA House Singapore *****87 Mar II Documentation Manufacturing Procedures Association Jan 16 Secretary In POD Training POD lie Ltd
      423 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      210 11 10 ways the Dais Carnegie Course* helps men and women: Poise and Confidence Public Speaking Human Relations Insight People Management Skills Effective Communications Motivational Skills The Courage to Think, Decide and Act Sell yourself and Your Ideas Develop Your Hidden Abilities Win a Better Job, More Income With the Dale
      210 words
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      Page 11 Advertisements Column 2
      149 11 Management Consultancy Sl# I I I T r 1/ Seminars And Training Kill I Business Assistance It I L L I L ll Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing 5 OKIFAX OF-7 OKIFAX 5 Tel/Fax Auto Switch Directory Dialling j? One-Touch Dialling Built-in Memory f Auto Redial Delayed
      149 words
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      2558 12 jmmrvmm,»' u«aii—« Igml ww**unm jua«.mun The Sime Darby Group I 1 INTERIM RESULTS I FOR THE HALF-YEAR ENDED 31 ST DECEMBER 1990 I Sime Darby Berhad 11 §3 I The breakdown of profit before interest and taxation of the respective operating divisions is as follows I H gS I The
      2,558 words
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  • SPORTS
    • Article, Illustration
      Lock icon McEnroe versus McEnroe in Chicago
      678 13 AP TOP-SEEDED John McEnroe set up a family showdown against younger brother Patrick in the finals of the Volvo Chicago indoor tournament by eliminating MaliVai Washington 7-6 (8-6), 6-7 (3-7), 6-4 on Saturday night. The elder McEnroe, a former world No I player, will be
      AP  -  678 words
    • Article
      Lock icon Crampton leads in GTE West Senior Classic
      226 13 UPI BRUCE CRAMPTON shot a 5-under-par 65 on Saturday to take a one-stroke lead in the rain-shortened U*****,000 (*****,000) GTE West Senior Classic in California. Defending champion Walt Zembriski, who fired a 66, is a shot back of Crampton in second place tied
      UPI  -  226 words
    • SIDE LINES
      • Article
        Biggs goes down twice to Bowe
        107 13 HEAVYWEIGHT contender Riddick Bowe dropped a bloodied Tyrell Biggs twice with a series of savage right uppercuts and overhands and stopped him in the eighth round of a heavyweight fight in Atlantic City on Saturday. Referee Frank Capuccino stopped the bout at 2:17 of
        107 words
      • Article
        Boon's 10th Test century
        73 13 DAVID BOON had seven fours en route to his 10th Test century on Saturday, leading Australia to be 296 for four after the second day of its first Test match with the West Indies in Jamaica. After the West Indies had scored 264 in the first
        73 words
      • Article
        Yamashita wins in Nagoya
        54 13 DARK horse Sachiko Yamashita of Japan ran to an easy victory in the 1991 Nagoya International Women's marathon yesterday, clocking 2hrs 31mins 02 sec. Portugal's Aurora Cunha. winner of the 1988 Tokyo marathon and runner-up in Tokyo last year, was second in 2:32:12. Czechoslovakia's Ludmilla Melicherova
        54 words
      • Article
        Merle's third victory
        64 13 FRENCH veteran Carole Merle won the women's World Cup super-giant slalom title for an unprecedented third straight season when a blizzard swept away the sixth and final race in Shizukuishi yesterday. The race was called off after six early starters and the top 15 seeds had completed
        64 words
      • Article
        Maradona fined again
        44 13 THE Italian soccer league has fined Diego Maradona U555,300 (about 559,000) for missing six Napoli practices in December. The fine, imposed by a league disciplinary committee meeting on Friday, brings the Argentine World Cup captain's total fines this season to U5549,000.
        44 words
      • Article
        NZ accuses Sri Lanka
        63 13 NEW ZEALAND yesterday accused Sri Lanka of negative tactics as the third cricket Test hung delicately in the balance after three days of play at Eden Park. Sri Lanka pulled out with 16 overs to bowl yesterday, at 62-2, an overall lead of 125, when it
        63 words
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      1059 13 •<mfpii *■> The Sime Darby Group c (jj) n r (SK) Consolidated Plantations Berhad Sime UEP Properties Berhad The Directors are pleased to announce the following The Directors are pleased to announce the following Unaudited <M Group and d. I* Compan, lor .ha andad 3... Oacamba. .990 1. Un.ud.lrt dl
      1,059 words
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      202 14 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE Pi. A 'HEAVENLY' FEAST SUMPTUOUS SICHUAN CUISINE DELICATE YANGZHOU DIANXIN RICH PIPING HOT STEAMBOAT LUNCH: 11.30 AM TO 2.30 PM DINNER: 6.30 PM TO 10.30 PM HOltl VJMIOI IlavetorkKouti.Singjporeo3lt> hi *****1 I j PLfIY
      202 words
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      Page 14 Advertisements Column 2
      324 14 IB FEAST YOUR EYES 111 *****1111 l 11 ON THE PLUM'S JEWELS ***************1 l iFTHAILAND I rum Ist March 17th March five of the finest exponents of Thai C uisine will masterfully prepare a plethora of appetising dishes. rhe buffet will be available for both lunch (12 noon 2..T0 pm)
      324 words
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      Page 14 Advertisements Column 3
      302 14 {"est Cafe Plaza jg, f— 3t VOvtA Tuck into wholesome hawker fare and jj j indulge in local dishes like nasi Padang Bak Nut Teh andßojak plus a J range of tempting L__ J' desserts. Atonly $16 +(Adult) Sp*jpfcE» $10++ (Child) M I Plaza hkyn-L V [jM ')iM9V«i*M«ifiNC /y it'ali'
      302 words
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      Page 14 Advertisements Column 4
      291 14 fcoirriiiiraK^i Lunch /Dinner March 2 to 31 ii We bring the World's j mficcnt spicad i Continental classics a\c MS t'n.m soups, salads. An unending choice 0 r x«*****7l CofeVUxß y.rSSSS**' < S 14.50" tor adults tj from" 9 °si $10.00** for children 4 J c «oese f) SINGAPORE raramountlJ^jd/mgfffggf^
      291 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      873 14 TELEVISION AND RADIO eppis 6.30 Best of Disney K art»mi»l 4.00 Little Missy BUSINESS ON RADIO I /x fVI 700 The Adventures of Don Coyote 4.30 Streets of San Francisco I II j- 1 111 and Sancho Panda Vend. < ix-adhiu BBC, 89.9 mHz in VHF Band II JL J.
      873 words
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  • THE ARTS
    • Article, Illustration
      Lock icon A very private person in a public domain
      1330 15  -  The London Mozart Players performed before an appreciative Singapore audience earlier this year but alas, the group's artistic director Jane Glover was not here with them. Christian Tyler finally caught up with her in her Hampstead flat Christian Tyler FT JANE GLOVER,
      FT  -  1,330 words
    • Article, Illustration
      Irresistible melodies
      475 15  -  J Gordon listens to some delightful duets sung by Felicity Lott and Ann Murray J Gordon IT IS not common for one prima donna to sing ducts with another, hut when they do, the audience is usually in for a treat. One can think of past albums of
      475 words
    • Article
      Performance that's a little on the lighter side
      492 15  -  The Singapore Symphony Orchestra By P Y Van DVORAK'S Cello oncerto in li minor ftp 104 with Mario Bruneilo as soloist, and Bartok's Coun tto tor Orchestra formed the backbone of the programme for last Friday's concert with the Singapore Symphony Orchestra.
      492 words
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      Page 15 Advertisements Column 1
      273 15 AND ENTERTAIN Who Says' You Cant Mix Business With Pleasure? (?)nU MONDAY TO jS*^ys^t»HßK-»y»31 I-riday. 1- NOON TO 2.3CPVtS3I.OC* PER PERSON At Hubertus Grill, the Businessman's Buffet Lulcheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing
      273 words
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      Page 15 Advertisements Column 2
      31 15 The freshest. liveliest seafood place m town. You'll have to go a long way to find seafood any fresher. Lunch: 12 noon 2.30 pm. 9 Except Sunday. Dinner: 6.3opm— 11 .00pm.
      31 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Profit-taking rotates with selective buying
      4786 16  -  By Lilian Ang SHARE PRICES in the Singapore stock market ended generally higher last week with investors alternating between prof-it-taking and selective buying on news of a ceasefire in the Gulf. The week started with investors adopting a cautious attitude towards events in the Middle
      4,786 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3552 17 Main Board SI A Foreign 1740 140 488% H Negara 424 +124 4-41 SI A 200 1250 »-90 4-7.8% OtJF 750 4 80 4 119% Spore I and 660 4-80 4-13.8% SI A 1240 70 4 6.0% IsetanSO* 765 +70 4 10.1% Sea View 470
    3,552 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon A post-war puzzle for Wall St
      685 18 Concern over 'war rally' giving way to a 'peace decline' YORK AP I 111 PROSPFCT of peace in the (iult is shaping up as a challenging test for a Wall Street rally that thrived in time of war. From the start of Operation Desert
      AP  -  685 words
    • Article
      Lock icon Liquidity, Gulf victory lift index
      887 18 HONGKONG Sun Hung Kai Research lH I market started in good form on news of the sweeping \llied land war v ictories, but the failure of Wall Street to advance further as investors switched focus to the economic front held the index hack mid-week. However,
      Sun Hung Kai Research  -  887 words
    • Article
      Lock icon Stocks end mixed in erratic trading
      498 18 v •>TOKYO AFP SHARE PRICES on the Tokyo Stock Exchange ended last week on a mixed note following three consecutive substantial increases of two major indices. The benchmark Nikkei Stock Average of 225-select-ed stocks closed the week at 25.881.57 yen for a minor 0.08
      AFP  -  498 words
    • Article
      Good news defuses potential threats
      807 18  -  By Ray Heath THERE can have been few periods when so much potential bad news was pushed out by the good as London witnessed last week. It could have been apocalyptic. It ended with share prices pushing up to new year's peaks, and buyers coming
      807 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        243 18 THE Australian stock market began last week with a bang as the Gulf war headed for a speedy conclusion, but ended with a whimper with bank shares nosediving. The main market indicator, the All Ordinaries Index, finished at 1,396.2. This was 9.5 points up on the previous week, but
        243 words
      • Article
        JAKARTA
        165 18 THE Jakarta Stock Exchange (JSE) gradually lost its rcccnt gain in activities and most stock prices fell as high banking deposit rates drew capital away from the market. The JSE index closed the week at 391.330 or slightly lower than the high of 419.533 achieved the previous week, while
        165 words
      • Article
        BANGKOK
        70 18 THE Security Exchange of Thailand (SET) index closed at 790.46 points on Friday, dropping by 1.18 points from the previous Friday's closing of 791.64 points. The average daily turnover by volume last week was 6,396,044 shares, a drop from the previous week's 8,236,862 shares. The average value of shares
        70 words
      • Article
        TAIPEI
        318 18 SHARE PRICES on the Taiwan Stock Exchange continued their upward trend, marking a 1.7 per cent gain in a bumpy week as investors began shifting their attention from the Gulf to fundamentals. Extending the previous week's 3 per cent surge, the 225-issuc weighted price index rose 81.66 points, including
        318 words
      • Article
        BOMBAY
        108 18 THE END of the Gulf war has given a shot in the arm to Indian stock markets, spurring a rebound that began with the government's decision to delay a tough federal Budget. The bulls returned to the market last week in a big way, boosting the Bombay Stock Exchange's
        108 words
      • Article
        Lock icon SEOUL
        99 18 AFP SOUTH KOREAN share prices closed the week lower despite the end of the Gulf war and press reports of a South Korean role in Kuwait's reconstruction. The market opened the week strongly on Monday, with the broad-based Composite Stock Price Index rising to 692.80 points, up 7.41 points
        AFP  -  99 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks consolidate after four-week rally
      4047 19 Mil I AFTER four weeks of unabated activity bulls on the Kuala Lumpur stock market showed signs of fatigue and decided to take a breather, causing share prices to close mixed last week. The ending of the Gult war turned out to be an anticlimax.
      Mil I  -  4,047 words
  • Page 19 Advertisements
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      100 19 NEWS FLASH miii f II MK.lll M R'UISI uw mknovv that Shippinc 'I i»n«> is iho most v\ 011 r-jad pa|vr in the transport iiuluMn. I.\cr\«la> ii hrim>>iui: Bimkcrßop»«rtvShipping AgenlN* I isi. IreigM Rates itul ;i guule to port ol fall* ol major shipping liik s. among otheis In the
      100 words
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  • WORLD STOOK MARKETS
    • Dow surges on signs of US recovery
      • Article, Illustration
        NEW YORK
        1144 20 PRODDED by signs that the US economy is mending, New York stock prices recovered from an early slump and moved ahead briskly on Friday. The IXjw Jones Industrial Average bounced back from a 27-point slide to close at 2,909.90, up 27.72, or nearly one per cent. Showing that
        1,144 words
      • Article, Illustration
        LONDON
        704 20 LONDON shares finished higher on Friday, encouraged by an afternoon flurry of buying. The session was choppy before the late rally. The market has developed two strongly opposing views on the nearterm outlook for shares, which produced nervous gyrations, dealers said. The Financial Times-Stock Exchange 100-share index ended up
        704 words
      • Article
        AMSTERDAM
        330 20 DUTCH shares closed lower in thin, mainly professional trading on Friday. A weaker start by Wall Street pulled prices back, but there was little incen- tive for investors. The CBS General Tendency Index closed 0.5 easier at 88.7. "The market has fluctuated narrowly all day, but came back in
        330 words
      • Article
        PARIS
        257 20 FRENCH share prices closed lower on Friday as profit-taking brought to an abrupt halt the buying spree that Ced the Gulf ceasefire on Thunday. CAC-40 Index, which finished on Thunday at a six-month dosing high, fell 13.00 points, or 0.74 per cent, to 1,746.79. Traders said activity was light
        257 words
      • Article
        ZURICH
        337 20 SWISS shares closed easier on Friday after a quiet session but above earlier lows. Traders said higher interest rates and the firmer dollar prompted some selling ahead of the weekend. "Look at the interest rates, that explains everything," one trader said. The all-share SPI Index closed 6.9 points lower
        337 words
      • Article
        BRUSSELS
        237 20 BELGIAN shares on Friday closed mostly lower in thin pre-weekend trading. "This was a wasted day. There was no news to stir up the maricet," one dealer said. He said share prices had been affected by early losses on Wall Street. Volume totalled only 502 million francs for less
        237 words
      • Article
        Untitled
        210 20 Milan Mar 1 Lire Ass Gen ***** -800 Bastogi 256.25 -2.75 Fiat 5411 -214 Finsider susp in Priv ***** -580 Italcementi Ord ***** -293 Italgai 2 MO -13 Magneti M PT 941 -38 Mediobanca ***** -380 Miralaiua Mondadori Priv »uap Montedison 1432 -42 Olivetti Ord 3680 -69 Olivetti Priv 2817
        210 words
      • Article
        STOCKHOLM
        194 20 PRICES on the Stockholm bourse closed lower in high volume and dealers said the declines had been expected and had both technical and fundamental causes. The Bourse General Index shed 0.54 per cent to 1,056.83 in total turnover of 467 million crowns. Blue chips lost an average 0.58 per
        194 words
      • Article
        JOHANNESBURG
        331 20 IN JOHANNESBURG, gold shares had another firm day on Friday after a brief hiccup at midsesskm, extending their recent gains despite bouts of profittaking ahead of the weekend, dealers said. Gains in world gold prices to US$367 an ounce, prompted largely by higher platinum and silver prices since the
        331 words
      • Article
        TORONTO
        188 20 TORONTO stocks closed moderately higher on Friday after recovering from opening losses but were off mid-after-noon highs, traders said. Investors are reassessing the North American economies and hoping for a swift recovery, they added. The Composite Index gained 9.0S to 3,471.42, with transactions valued at C 5407.7 million. Advances
        188 words
      • Article
        INDICES & TURNOVER
        81 20 INDICES TURNOVER NtW YORK Clan Pwlw Marl Dow J one* NYSE Financial SAP 300 Turnover (million) 2,909.90 144.13 370.47 221.3 2,112. II +27.72 142.33 +2.30 367.07 +3.40 223 -1.3 lonoon Financial Timet 30 FTSE 100 Turnover (million) 1,911.2 2,316.9 594.6 1,910.7 2,310.9 841.3 +7.3 +6.0 •246.7 AMSTERDAM CBS Tendency Index
        81 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Rise in US purchasing managers' index depresses greenback
      500 21 FOREX MARKET REPORTS Reuter THE dollar cased in late European trading after a small rise in the US National Association of Purchasing Manager's (NAPM) index, which dealers said disappointed the market after Thursday's encouraging rise in the Chicago Purchasing Managers Index. At
      Reuter  -  500 words
    • Article
      Lock icon Asian currencies decline against US$
      598 21 ASIAN CURRENCIES AFP ASIAN currencies uniformly fell against the US dollar because of expectations of high demand for dollars as the US economy was boosted by the end of the Gulf war. The Australian, Singapore, Taiwan, Hongkong dollars and the Malaysian ringgit fell along with
      AFP  -  598 words
    • Article
      INTERBANK FOREX RATES
      385 21 Cross rates Mar 2 USS SS» MS Dm Yen SFr \S NZS USS 1.7300 2.7250 I 5402 134.70 0.5277 1.3360 1.2726 ***** SS* 0.5780 1.5751 0.8821 0.7702 0 3026 0.7653 0.7340 0.9634 MS 0.3670 63.49 0.5652 0.4943 0.1937 0 4903 0.4670 0.6102 Dm 0.6493 1.1337 1.7693 87.46
      385 words
    • Article
      MONEY MARKET
      570 21 Interbank rates S$ Bid Offer Overnight 4 7/8 5 1-month 4 3/4 4 7/8 2-month 4 3/4 4 7/8 3-month 4 3/4 4 7/8 Overnight mode: 4-7/8 I SS High 14i» 7 days ft 5/8 ft 7/2 1 month 7 ft 9/16 2 months ft 7/8 ft 13/1
      570 words
    • Article, Illustration
      Lock icon Rival to challenge CME on cross-rate futures
      520 21 Reuter A MINNEAPOLIS exchange hoping to start the world's first currency cross-rate futures product is out to grab a market which it contends the Chicago Mercantile Exchange (CME) has overlooked for too long. The Twin Cities Board of Trade, which will open on
      Reuter  -  520 words
    • Article
      Lock icon Outlook for precious metals brightens
      480 21 GOLD FINANCIAL FUTURES REPORT Sin Hian Bullion (S) Pte Ltd LAST Monday, spot gold opened at U*****.50/358.00 and dipped briefly to the week's low of U*****.15/356.65 as the trade tested and found selling pressure at this level negligible. However, with crude oil values still depressed,
      Sin Hian Bullion (S) Pte Ltd  -  480 words
    • Article
      FINANCIAL FUTURES
      327 21 IMM Mar, KUTSCHEMMK Open High Low Sett Vol Op/lnt Mar 91 0.6499 0 6531 0.6488 0.6491 35,940 68.685 Jun 91 0 6464 0 6496 0.6452 0.6456 EUtOOOLUm Open High Low Sett Vol Op/lnt Mar 91 93.06 93.11 93 01 93.05 120.451 750.313 Jun 91 93-16 93.21 93.07 93.10
      327 words
    • Article
      PRIME LENDING RATES
      483 21 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Vm'Dam R'terdam Bank 8 \rab Banking Corp 8'« Arab Bank PLC 71 ANZ Banking Group Ban Hin Lee Bank 7 Banca Com mere uile 8 Banco do Brasil 8 Bangkok Bank 7'« Bank Bumipulra
      483 words
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  • COMMODITIES
    • Article
      Lock icon Aluminium hit by oversupply and stagnant demand
      559 22 Reuter ALUMINUM'S future looks grim, as ample supplies, increased capacity and stagnant demand seem to be leading to a cut in prices and a bleaker 1991 earnings outlook for aluminum producers, industry analysts said. Prices have been falling recently, and analysts and producers
      Reuter  -  559 words
    • Article
      Lock icon Canada eases grain shipping rules
      223 22 Reuter CANADA is streamlining its grain shipping policy to the United States. According to the Canadian Grain Commission (CGC), a new policy effective March 15 will allow licensed grain exporters to ship grain directly from prairie elevators to US customers. Currently, grain exports must be
      Reuter  -  223 words
    • Article
      Lock icon Ceasefire gives fillip to gold and oil
      920 22 REPORTS AFP LAST THURSDAY'S Gulf ceasefire, coming after a land war of only 100 hours, was greeted by advances in the prices of gold and oil. The oil market took the view that it could now rely on a reduction of production by
      AFP  -  920 words
  • Article
    PRICES
    1194 22 Rubber MS m m bato»> S cents/kg Int I RSS Hose Feb 25 142.50 Feb 26 144.25 Feb 27 144.00 Feb 28 143.00 Mar 1 146.75 MKELB (fob to talf) M cents/kg Int 1 RSS Hose Feb 25 225.50 Feb 26 225.50 Feb 27 225.50 Feb 28 225.50 Mar
    1,194 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      336 22 NOTICES IN THE MATTER OK THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MARINA CATOtING SERVICES WE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an E inordinary General Meeting of the members of MARINA CATERING SERVICES PTE LTD. duly coawned and held at 9 Penary Road •11-16, Singapore 0923
      336 words
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      Page 22 Advertisements Column 2
      191 22 IN THE MATTER Of THE COMPANIES ACT, CAP. 90 AND IN THE MATTER Of HAI WAT ENTERPRISE PTE. LTD (In lfembws' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Srtion 308(1) ol tha Companm Ad. Cap. 50 that tha Final Meeting ot Mamban ol tha above-named Company wil ba held
      191 words
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      Page 22 Advertisements Column 3
      52 22 I You may have been unable to get your Business Times. Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office
      52 words
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      Page 22 Advertisements Column 4
      11 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1124 23 City Flight ETA Flight ETD City Flight ETA Flight ETD Adelaide SQ228 1900 SQ227 2130 Kuala Lumpur MH640 0810 0900 MH604 SQl 02 MH606 0700 0730 Amman HJ182 1400 (ViriOvjiy SQl 03 0950 0740 Amsterdam KL841 SQ23 1 140 1325 KL842 2105 MH605 SQl 05 1020
    1,124 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A city of secret sensualities
      671 23  -  LETTER FROM LISBON By Nicholas Woodsworth WHAT IS IT, I asked myself late one rainy night, that makes Lisbon different from other European capitals? Sitting in a cafe not far from the city's port, I was watching the marketmen, lorry drivers and fishwives who unload
      671 words
    • Article
      MONEY CHANGER RATES
      146 23 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3550 1.3750 Canadian dollar 1.4910 I.SUO NZ dollar 1.0280 1.0580 Sterling pound 3.2800 3.3100 US dollar 1.7280 1.7430 l/ocal dollars to 100 uiits of foreign cwrtacy Austrian schilling 15.80 16.80
      146 words
    • Article
      WORLD TRADE EXHIBITIONS
      122 23 Duration Title Venue < )rganiser Td j Dur.it ion Title Venue Organiser Tel Feb 27March 4 Feb 28March 4 Photo. Cine and Video Exhibition in Zurich 14th International Exhibition Of Photo. Cine. Video. Optics Audiovisual Products Photofinishing Equipment Zurich. Switzerland Milan Tradc Fair. Itals /uspa Associa/ionc Prwmo/ionc
      122 words
  • Page 23 Advertisements
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      379 23 I Saw old Venture Scout go Lm the H H H H M H H 5 Withdraw as the result of a 9 Stay for a day in Paris ~188 ~~^H""~TH~~"~HM""~"HB~"~" youth accommodation (7) ML— 10 A gap one misread as part 11 I I I I of the planetary
      379 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      204 23 Singapore Outlook: Fair Forecast; Maximum temperature 32.3 Assoc humidity 56% Minimum temperature 24.5* C Assoc humidity 91% Hours of sunshine 11.20 Rainfall in mm Nil Rainfall this month Trace Rainy days this month... 0 World Report Asia-Pacific Hi/Lo* Con*. Auckland 2(VI0 Fair Bangkok 33/25 Fair Beijing.. 03/-3 Cloudy Brunei 32/25
      204 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      48 23 So WOULD VOV IF YOU'D ceoAM.' V pg'NK'NG 24- I rrricieNcy exm&moKiJ oer r>c sophs Bt*cx v -T N tqwm 2. ?v v /%r _,-> A- oj 3, v- ••-> VOCXX ,V*)GJLt A j N, I>f Of SRUE3 wou I V L LOOK. *U)F\JL ,§< I CVtNMO STANDAROCO LTD. IMMMI
      48 words
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  • Article, Illustration
    Goh, Suharto call for drawing up of Asean summit agenda
    530 24  -  onlerence on Ascan and the World Economy From Chuang Peck Ming in BALI PRIME MINISTER (ioh Chok Tong and Indonesian President Suharto agreed during a half-hour talk yesterday to get \sean foreign ministers. who are meeting in the middle of
    530 words
  • Article
    Lock icon Indian government to present interim budget today
    342 24 Reuter INDIAN Prime Minister Chandra Shekhar's minority government will seek parliamentary approval today to run the country without a full budget until June. I he govemment has dccided instead to present an interim budget of monthly expenditures. It cannot impose fresh taxes to
    Reuter  -  342 words
  • Article
    Suharto points road to wider cooperation
    378 24  -  From Shoeb Kagda in BALI ASEAN can further improve economic cooperation by working towaids eliminating barriers that hinder the activities of the private business sector, said Indonesian President Suharto last night It was necessary, he said, to probe policies that stimulated tiade and investment
    378 words
  • Article
    Lock icon Japanese minister denies receiving Recruit money
    260 24 Renter JAPAN'S Construction Minister yesterday denied a newspaper report that he had received 40 million yen (SSSIS.(KH)) from the company at the centre of the biggest post-war political bribery scandal. Recruit. "There is no such fact as reported." Yuji Otsuka told a news conference
    Renter  -  260 words
  • Article
    Lock icon Thai caretaker premier looks for a new Cabinet
    389 24 Reuter VVATCIII I) closely by a military junta. Thailand's new caretaker premier started work yesterday on forming a new Cabinet to restore confidence m the country. Prime Minister Anand Panyarachun said he hoped to complete the task in three to four days.
    Reuter  -  389 words
  • Article
    Lock icon Taiwan's stock investors brace themselves for more losses
    386 24 Reuter JITTERY Taiwan stock investors are bracing themselves for more losses when the market opens today as fears grow of a major government sweep against shadowy big players who determine the market's fortunes. Dealers said panic selling broke out on Saturday after
    Reuter  -  386 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      18 24 PiageT H I\IU.I/j\ HX IK Hi/:l\//' I)!'/ 7/V /SI Cr li INDUSTRIAL FOR INDUSTRIAL SPACE REQUIREMENTS *****84 BIM
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      Page 24 Advertisements Column 2
      109 24 PiageT H ULH-K EX IR )Mi KlEltlE X:l 11S 1H74 (iENEVE BL ■|^M£; Hb k &< SS9B«RsBiPB Dauphin Sitzrultur Ahealthy backbone is essential FOR PERFORMANCE. «We want to inspire people with chairs which display corporate identity: The superb, clean lines of the design of Dauphin chairs integrate elegantly into the
      109 words
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      Page 24 Advertisements Column 3
      9 24 Equally at home as diplomat, statesman, businessman, Pg 7
      9 words
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  • Shipping Times
    • Article
      SIA to lead proposed cargo information network
      311 25  -  By Rahita Elias SINGAPORE Airlines (SIA) is spearheading a project aimed at linking the information systems of various airlines operating in the Republic. Mr Huang Cheng Eng, SIA cargo manager, told BT that the proposed cargo information network would be similar to Trade
      311 words
    • Article, Illustration
      Lock icon Air New Zealand buys five Boeings with 6 other options
      454 25 Reuter AIR New Zealand has ordered five airliners from Boeing Co and has options on six more in a NZ$75O million (***** million) deal it delayed as long as possible while it restructured, an airline official said last Friday. The
      Reuter  -  454 words
    • Article
      Lock icon Three European airlines to resume service to Israel
      200 25 Reuter THREE European airlines have said they will resume flights to Israel suspended because of the Gulf war. Aviation officials expected others to follow as war-risk insurance rates dropped. German carrier Lufthansa said it would resume service last Friday, Greek airlines Olympic
      Reuter  -  200 words
    • Article
      Lock icon New cover for terrorist attacks and sabotage
      273 25 Lloyd's List A NEW facility to cover oil installations against terrorist attack or sabotage has been established at Lloyd's by five leading insurance brokers. The facility is designed to provide cover for refineries and pipelines as well as offshore platforms that are affected
      Lloyd's List  -  273 words
    • Article
      Lock icon Transport of high-grade nuclear fuel through Netherlands banned
      468 25 Lloyd's List THE DUTCH government has effectively banned the transport of high-grade nuclear fuel through the Netherlands until further notice. A spokesman for the Environment Ministry said no licences for the transport of nuclear waste would be issued for the time being.
      Lloyd's List  -  468 words
    • Article, Illustration
      TWRA to postpone surcharge on Indon ports
      364 25  -  By Selva Kumar THE TRANS-PACIFIC Westbound Rate Agreement has decided to further delay the implementation of a port congestion surcharge for Indonesian ports. The TWRA said that the surcharge, which was to be imposed this month, will be postponed by two months "due
      364 words
    • NEWS SUMMARY
      • Article
        From ships to banks and more
        68 25 LATSIS, Mavracakis, Vardinoyannis, Andreadis, Onassis, Livanos, Goulandris, Mamidakis, Comninos, Daifas and Mavroleon are all prominent members of the Greek shipping community. They are also among the band of Greek business personalities poised to join the country's banking community, or, more correctly in the case
        68 words
      • Article
        March tanker rates ease as peace nears
        38 25 TANKER chartering rates for March loading have begun to ease as the oil and tanker markets reacted to the declaration of a ceasefire in the Mideast Gulf brokers say. Back Page
        38 words
      • Article
        Ford plans to slash white-collar staff
        62 25 rußu Moior to pians to cut costs by US$l.5 billion (552.6 billion) by the end of the year mostly through early retirements and layoffs in the car maker's white-collar work force. Chairman Harold Poling, speaking to employees in a closed-circuit television broadcast. didn't mention
        62 words
      • Article
        US car sales expected to increase
        41 25 US CAR sales are expected to get a lift in the successful aftermath of the Gulf war, but some analysts warn against expecting a quick turnaround at the Big Three American car makers Back Page
        41 words
    • Article
      Lock icon BA jumbo stranded in Kuwait destroyed
      168 25 AP THE British Airways jumbo jet that was stranded in Kuwait by the Iraqi invasion has been destroyed, the airline said last week. The older model Boeing 747, shown in news pictures of Kuwait, "appears to have been destroyed during the airport battle the
      AP  -  168 words
    • LOG BOOK
      • Article
        AT&T sends equipemnt to Kuwait City
        85 26 AMERICAN Telephone Telegraph Co has sent equipment to Kuwait City to make it possible to place international phone calls from the battered capital. The small satellite station will initially be able to send international calls but not receive them. The price of a call
        85 words
      • Article
        Construction ahead of schedule
        39 26 CARNIVAL Cruise Lines Inc said construction is progressing ahead of schedule on its new 2,600 passenger vessel Ecstasy. The company said the ship will start its regular year-round schedule of Caribbean cruises on June 2.
        39 words
      • Article
        Dutch ship loses planks
        69 26 THE Dutch-registered freighter Icecrystal lost about 150 cubic metres of wooden planks after its steering and engines broke down in the North Sea, Lloyd s Shipping Intelligence Service reported. The 6,021-dwt vessels position at 1400 GMT was latitude 56 02N, longitude 02 3IE. The tug/supply vessel
        69 words
      • Article
        Air Canada's 1990 results
        75 26 AIR CANADA launched a company-wide cost-cutting programme last October. Its 1990 results included provisions of US$6l million (Sslo4 million) to cover the cost of staff reductions and $31 million related to the future sale of its enßoute credit card. The airline said its fuel costs in
        75 words
      • Article
        Ship with refugees fired at
        61 26 ITALIAN coastguards fired several shots at a ship fleeing Albania on Thursday with more than 100 refugees, killing one passenger and wounding three. Refugees said the 500ton ship was shadowed for two hours after it left Valona on the Albanian coast. They forced the crew
        61 words
      • Article
        Lufthansa-American deal
        90 26 GERMAN airline Lufthansa said it signed a memorandum of understanding outlining a plan for a shared flight service with American Airlines. The arrangement calls for American Airlines to provide Lufthansa with a portion of the seating capacity on American flights linking Chicago with Munich. Lufthansa would in turn
        90 words
      • Article
        Bulker hit by fire
        30 26 THE SUPERSTRUCTURE of the Brazilian bulker Mercantil Niteroi was destroyed by fire and its wheat cargo was affected by the heat, Lloyds Shipping Intelligence Service said.
        30 words
    • Article, Illustration
      Lock icon From ships to banks and more
      1577 26  -  Awash in liquidity, Greek shipowners are casting around for sound investments, and as David Glass reports, banking appears to be a current favourite David Glass Seatrade LATSIS, Mavracakis, Vardinoyannis, Andreadis, Onassis, Livanos, Goulandris, Mamidakis, Comninos, Daifas and Mavroleon are all prominent members of the
      Seatrade  -  1,577 words
    • Article
      COCKETT BUNKER MARKET REPORT
      871 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more com pre- hensive description of the market. Prices shown are based on average-sized stem. Market movements j are indicated. The Cockett Bunker Price
      871 words
    • Article
      THE SHIPPING GUIDE
      11843 34 I his is a list of ships loading at Singapore tor ports around the world. It tabulates, by destination, the name of the >hip. the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. \d\aneed dates are published for a
      11,843 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        634 41 VttMl Woy N* Berth knit* Departrt tosd Voy No Bvtti Arrival Dtpiriw* VmmI Voy No B«1h Arm* Dqnrtm too* fey No toft Armd OqMrtwt Kappd Wh Frota S pore arm 29W8 K32 alongside 0303/1500 Hpa An Ikagun 160 02/91 P2B P1B 04 03/1000 04 03/0700 A3 AO/1
        634 words
      • Article
        CONTAINER SCHEDULE
        1244 41 RECEIVING Of EXPORT Fa CONTAINERS AND La CARGO Record Bookrt/Babnct Mb SNp Voy No Etb/Bfr Period From To From Achtergracht AG11S 06/1700 1 03/1500 03/1659 03/1900 V 3 04/0700 04/1159 04/1400 4 04/1200 04/1459 04/1700 ACX Lrty 8A 05/2300 2 03/1700 04/0659 04/0900 4 04/1200 04/1459 04/1700 Al
        1,244 words
      • Article
        IN MALAYSIAN PORTS
        411 41 Port Klang Borth at SoiiMi Port on Fob 28: 1: Subur, 2: Monte Cristo; 3: Alam Aman; 4: Kris Madura; 5: nil; 6: Lily Maa; 7: Hong Leong, 7A: Beriasa; J.Shell: ml KCT: 8: Anro Asia; 9; Prof V ToyVtyVh, Anro Australia; 10: Kota Mesra Nortti tat
        411 words
      • Article
        DAILY FREIGHTS
        1023 41 THE DRY cargo freight market on Thursday featured Soviet charterers Sovfracht fixing at least five vessels on time-charter for trans-At-lantic round voyages, brokers said. The Soviets secured three Panamax vessels at between U5513,125 and US$l4,OOO daily and two smaller 28,000/38,000 tonne vessels at US$7,OOO daily. Other time-charter business
        1,023 words
    • Article
      Lock icon March tanker rates ease as Gulf peace nears
      564 42 Reuter TANKER chartering rates for March loading have begun to case as the oil and tanker markets reacted to the declaration of a ceasefire in the Mideast Ciulf. brokers say. While chartering activity continued unabated, Iran's chartering agency NITC heralded the decline
      Reuter  -  564 words
    • Article
      Lock icon Ford plans to slash white-collar staff
      389 42 AP FORD Motor Co plans to cut costs by US$l.5 billion (552.6 billion) by the end of the year mostly through early retirements and layoffs in the car maker's white-collar work force. Chairman Harold Poling, speaking to employees in a closed-circuit television broadcast, didn't
      AP  -  389 words
    • Article
      Lock icon US car sales expected to rise
      234 42 Reuter US CAR sales are expected to get a lift in the successful aftermath of the Gulf war, but some analysts warn against expecting a quick turnaround at the Big Three American car makers. Shares of General Motors Corp. Ford Motor Co, and Chrysler
      Reuter  -  234 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      137 25 Per Permit Of 1 to 5 Items 5516.00 6 to 10 Items 5525.00 11 to 15 iteme 5535.00 We submit on your behalf to appropriate carrier. For more info te!: *****06 Samat/Sharon. Orion ExprtM Service* Local Courier Service# owner FREIGHT LINKS EXPRESS DISTRIPARK UQp* IF Be r ■nM Jev-' ■cUpl^
      137 words
    • Advertisement
      Page 25 Advertisements Column 2
      27 25 Cocfcett Report 2 Container Schedule 17 Daily Fmghts 17 Index to Advertisers 3 Shipping Gude 10,11 Sfaps Port 17 S«*apore Tries 17 Weather and Sea Condrtwns 17
      27 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      105 26 FOR WHO, WHAT, WHERE AND WHEN -xP 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
      105 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2009 27 JAROINE SHIPPING AUNtIES %«IIMM .M) #1? 05 Southr All If/ irnTTiii wibu rfftmflj Til *****34 ■<* L. Vffl# SAK A lARDINE SHIPPING AGENCIES SDN BHD in tewns lEIEX NO ma3W; mawoi PENANG IFL *****4 IEIEX NO MAM)?! CFS 111 »<W6 D«*clu:otf<! K» Oi«*lilv o IHniniiffl PGt *****2J uiex no magsor4
      2,009 words
    • Advertisement
      Page 27 Advertisements Column 2
      1292 27 INDEX TO fIPMERTOERS Pip Col P*ge Col iT Liner Shpg 16 3 l.i/ena 15 I I loyil Brasilciro 12 2 ABC Containerline 13 5 *1 lo>d Tnestino 4 1/2 Accord <iroup K 1-3 l ucky Seaway 15 3 AFS 15 I Lykes Lines 5 I Ahrenkiel I iner 16 3
      1,292 words
    • Advertisement
      Page 27 Advertisements Column 3
      2799 27 Hma NEXT SHIPMENT TO U.S.A. MARIT MAERSK V. 9104 ETA 5/3/91 VmH Voy El* EID "I 'ort 'iVimq DFSTINATIONS S'.g.iion' Kelarg «rc« recde' by v) 0800 ims w fwco HPHH CFS J MRS M OAK LGB HOU MEM AIL MIA CMS BAL PML NYC MON TOR MARir MAERSK <»I 0«
      2,799 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1412 28 j IhOtT DAM I I VOV Nvl j GE>> SiHjIHAUPIOM Imamhuh-; ANI«Vi 111 1 LI MAVH I fIfIHHH! I CITV Of k QINFWrtOi 64 .'4 4. *'1 3 IV T. 3 I HOMiKONw LAni, So «ft«tl» t'i 0. I .tJ 1 ALL WESTBOUND P KAGA I. JG9 lu .t ii
      1,412 words
    • Advertisement
      Page 28 Advertisements Column 2
      545 28 ■■■HHBniHEBIHIIIHI DIRECT SOUTH PACIFIC SERVICE P SiN NOU SUV ppr -I VSHU I 11l ll'l I I I Al .0 ALCf r'llflG CARGO VIA SUVA 10 LAUTOKA PACO PAGO APIA NJKUAI OAf A DIRECT CHILE SERVICE SIN lOQ ANE VAP CAI tAO SAN (PtMU) ANfONIO St ASP AC I A>-29/3
      545 words
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      Page 28 Advertisements Column 3
      1517 28 Elan&&&EM sjmb REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SIN ALU BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) JAPAN SEA 052* 07/03 29,03 30,03 03/03 04/04 05 04 06 04 07,04 08 04 NORASIA SINGA 9101 3 12.03 31/03 01 04
      1,517 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2055 29 Maritime Holdings Ltd Ww; P&O I arw STRAITS SHIPPINGI gjg STJ S(M» ktw H'burg Bm.«. IT (torn L<* .rrtpic mif SAILS CI IV Of tD'MBI'RGM 9tvt lEX7'Q? 0403 I?! 03 »03 ?40] ACCiriS uut »»> r CARGO »> P Klrt Sow- Ai» Sou Ant Rot Mb*. RAJAH BROOKE YO7E *wn,
      2,055 words
    • Advertisement
      Page 29 Advertisements Column 2
      1851 29 TO: U.S.A./PANAMA FM: U.S.A./PANAMA "!> r, sr. si sr Kf ttsap£sigr t ii» m '.it 5! v. is ,a swa-v.- a s ,u ss ss as TQ: EUROPE FM: EUROPE SP KIM flu* Ftl «N° lEM CHOVANC SUN WF 171* 7 3 hi II 2,1 II l(N BMW HAM FIX
      1,851 words
    • Advertisement
      Page 29 Advertisements Column 3
      375 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION COSMIC COSMIC COSMIC TRADER CHALLENGER TRADER PIONEER (2nd Call) VOY NO IS 5 16 16 Spore 63 13 17/1 203 P Kelang 5/3 IS/3 221 Penang Vangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senbotu Kobe 14 3 NOTE ALSO
      375 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      829 30 pM LJ ■||,L J,I i I\f wT I CH NI3R 1162/*****0-D EXPRESS SEMI CONTAINERSHIP SERVICE TO EUROPE OI.'.CY S't-u.u fcCAM,AUAM h BUftU gREMLN A,.I»Em fSIAS L'NilY OIKWB 13,3 13,4 I*4 214 xi.rtiir.FA, m'<J JS/3 t j 12, i IC i At j FAST TRANSIT TIME ACCEPTING brtEAKUULK/COHTAINEKiSEU CARGO SuO| ;cl
      829 words
    • Advertisement
      Page 30 Advertisements Column 2
      833 30 HANJIN SHIPPING l tf. R VjL Jl < l< it MML lAX OAK UN Hl*. Ai rl*V ,n (tl i„Sl,if4 V./.1 ItC <M; H lO»-.n«lu.iE 1,4 44 HANJIN OAKA!4U 01.* .f i nA'lilN iu loHaE w E U'rtc I 14 4 1 HANJIN HOI IC.HIiAM t. Y I j i
      833 words
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      Page 30 Advertisements Column 3
      1332 30 ti 3 -Tr4 1 ■fNiM»i!iMiT>Mld iff sHiKi <iH s|l| iXOYA 3 I c?f *M»'Law i!! wl i y. 'V JU,J 311 14 U4 1 •«< IS »S 95 10i 12/4 224 1* s« I i E J/! il *t. 1 54 4 84 1,1 15 iS ijs isi 165 5
      1,332 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1519 31 ZPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: ™~c UK;EUROPE SERVICE- *****19 USA SERVICE— JWOIIJ AIIST INDIA PAK SERVICE *****18 FAR EAST SERVICE-- *****48 terminal OFFICE *****22 DOCUMENTAT cS2nST PT ,»,Trmw CFS: K27 —IMPORT: *****69/*****50 CPS: K27 EXPORT: *****53/*****04 K MO3) E *****3?"^KMarV^(o3) A ***** Penang (04)
      1,519 words
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      Page 31 Advertisements Column 2
      907 31 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE! I DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND Mssus VOYAGE |$ro<» |W*NL< I HKCHb YOYAtt fsroSi WHANG HBU*C HAVtN
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      1291 32 K* t i_p 9 M hi MMB KAaASAKI SINGAPORE ,Pll|Uo (CH Mo 1.'44b -uGOOM, i r M VA! LlNfc. MaRITIML (MALAYSIA) SON B»<1» 1 JL«W JL MKLrn*m* mmmm kawasaki kiskn kaish ii n. mmum l m Sixm* NAMFKICA PACIFIC gWTH-WEST 777 'T 5 *MKK'< \—PMWICMW-Wjttl V r»i sets, r? f!
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      1205 32 PHIU Ottl€NT UN€S PT€ LTD ll ()lN ON it* 'AO #0/ iiO i MCi 3ui. LmNv* iAI rif o»?c I C. ••> V >ibot TELEX RSattOfN FAX fi* BY AIR, LAND OH SEA WE TAKE ON THE WORLD FOR YOU MiMIJLKOI SlNliAt'Olti-IKUUn I UKWAKI)t KS ASSOOAI lON 11 MAR MONTREAL.
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      1568 33 SSaPff PACIFIC INTERNATIONAL LINES (PTE) LTD gg J PIL Building, 140 Cecil Street »03Q0, Singapore 0106. JAKARTA I I BANGKOK VESSEL VOV SIN BKK SIN VESSEL VOY SIN JKT SIN C Lonv 10a 6/3 9/3 1413 EDEN 9109 5/3 7/3 12/3 MAI HUI 9109 7/3 10-3 13/3 GOWA 9104 10/3
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      Page 33 Advertisements Column 2
      1038 33 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT {vOY [""""spore: PKLANG S HAMPTON] HAMBURG BHAVEN ROAM LHAVRE City of Fdinbutq 94/524 21/3 23/3 w rct; Pl VOY NOS *>PORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG
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      Page 33 Advertisements Column 3
      112 33 m !k\ ASIA (O\T\I\ER Sh.R\ l( I S pore B >oK Pegasus Progress V657N 5-6 Mar 8 9 Mar Pegasus Progress V6S«N 12 13 Mar 15 16 Mar Ingenuity VI73N 9 10 Mar 12-13 Mar Ingenuity VI24N 1617 Mar 19-20 Mar General Agents Tel: *****22 Ben Line Agencies (S) Pte
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      Page 33 Advertisements Column 4
      407 33 M MYANMA fHk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore PKI? Pen P Gdg HPA AN UI6OW 2\*3' MYOMAVWA VH3W 2 4 Mar VEPGUI VIMW Sf 1 Mjr 1 THE BANK LINE (A service of Andrew Weir Shipping) \T SEMI-CONTA'NER SERVICE HEAVY LIFT CAPABILITY I
      407 words
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      810 36 Page 12 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 10/3 ft 19/3 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KEIANG 803 15/03 MANILA 7/03 4 14/03 PENANG 803 15/03 BUSAN 9/03 16/03 BANGKOK 7/03 4
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      Page 36 Advertisements Column 2
      1058 36 HM^^™^H^^RA^nAPA^wS^EKI^^^^^^I!ALScC^TRAiT^EEDE^ERVICE^^ 10UT80UND VOY PKI PNG JKT SIN HKG KAO KEE TYO SMZ NCO KOB II VESSEL VOY jSIN |PKI PNC RUT SIN CALIFORNIA CARRIER 2B 23/7 1/3 9/3 11/3 ~15/3 16/3 1//3 ACX IADE 374 6/3 7/3 W 3/3 11/3 j ACX ROSE 10 9/3 '2/3 «/3 16/3 19/3 20/3
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      Page 36 Advertisements Column 3
      228 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOAOING FOR DELI INOAH B'3 91 9/3* l PK BALAM j NAGA JAYA DOCK LAMPUNG JAYA 5.391 63 91 PANJANGPALEMBANG PINANG JAYA 6391 ***** PANJANG PERITA JAYA In Port 103.91 PANJANG PALEMBANG ABADI JAYA 73 91
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      Page 36 Advertisements Column 4
      1415 36 fISt £_gLi 5? CHINA OCEAN SMIPPIN6 COMPAN* FULL CONTAINER LINER SEBVIC I SINGAPORE'S GENERAL AGENTS COSTAR SHIPPING PTE iJSrci* MARITIME TEL: *****82 (JAKARTA) I INDONESIA'S AGENTS P T GLOBAL PUTMUM>ONE! 51A (KL) *WANQ I MALAYSIA'S AGENTS CHUMCKIAO WPINCWN ,p kEIAI.O) iMW (WKAHC) I r—lll— AWT DKK SCP «SS{L,VOT SCf NOT
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      Page 37 Advertisements Column 1
      889 37 NIHON-ASIA CR **********0N TfcrL* *****22 FAX: *****86 1U AI L OUR VALUED CUSTOMthS, FRIENDS AND BUSINESS ASSOCIATES... ANNOUNCING THE MERGER Of NIHON ASIA SHIPPING |S| PTE LTD NAN SHIN SHIPPING AGENCY EFFECTIVE 1/3/91. WE ARE NOW CALLED MC PAC FREIGHT EXPRESS AT: 15 MtCALLUM STREET m 03 NAT WEST CENTRF
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      Page 37 Advertisements Column 2
      327 37 (5J RICHFIELO MARINE AGENtILS |S) PIF LTD fg| TEL: *****33 (12 Lines) FAX: *****15/*****03 I IELEX: RS ***** RISHIP (3 Lines) It EIHIOPIAN SHIPPING LINES (National I uies of Ethiopia) AL'CEPMNG FCL AND CONVFNIIONAI 1 VOV tIA LOAIMhIi I OR SIIHU l*lie« ~vu 10 01 OAHf c > >AI AAM
      327 words
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      Page 37 Advertisements Column 3
      1526 37 SYDNEY/MELBOURNE BANGKOK 5 55 i,! MH KM VOY SINGA BANCKOK ,PIYA BHUM 030."S li 16 3 78 U 3 01 03 1 WANA BHUM.7* 04N Tue 5 3 Sat 93 j II'IANHA 041.S 01 o.' 4 11 |M MMfl SIR I BHUMtr 475N Wed 63 M 9J I JpiYA BHUM
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      Page 37 Advertisements Column 4
      421 37 TO AUSTRALIA/NEW ZEALAND 1 I VSL Sin Frem Melb Syd Brisb Auck Direct Kea V99IS 5/3 11/3 16/3 18/3 21/3 27/3 Antwerpen V? 67 19/3 28,3 2/4 6/4 12/4 j TNT Express V 269 22/4 29/4 5/5 9/5 14/5 E Hudig V 2/0 9/5 16/5 22/5 26/5 1/6 Brussel V
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      1198 38 ■MR.M.»on* .e«■»*■««■■■ if mi MLMiMMmmnrjj m fli MAC-NEIS SINGAPORE EXPORT TEL: *****22] IMPORT TEL: *****02 |j j HmALU I \ANG TR (04) *****6 KK TR UT-ATJP KELANG FEI (03)*****77 KUCHING TEI (082) *****3 SKAN rEI (089 HV/V- IJ BAHRU IH (07) *****2 SJBU til (084 11 Tl JAKAIUA TEL *****3?
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      Page 38 Advertisements Column 2
      407 38 MUMTTIUJIJIBI IT—— WTTjiT|T|TTMvI'M >1 [ll^l b lue star l,nc SINGAPORE TO NEW ZEALAND AND T/S FIJI prl.I.Y ***** AINKItISKI > M<)NTIH-V s x niSfIIAUCINCI AT NKW I'I.YMOITH < J > U CIIAIAIKRS ACCKPTINU K L M. L [OR XL'CKI.ANI), NAI'IKR. \VMXIM«TON. BLUtfr. t'IiKISTCIIURC'II. DUNKIH V I.Y TTKI.TON, INVKRI'AROII., H4I ANI)
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      Page 38 Advertisements Column 3
      1155 38 /351 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES)~ SINGAPORE TO WEST MALAYSIA! SINGAPORE TO SABAH "vessel Ivor [eta Tkst vessel vot eta hit KIM SOON LI 8 91E 08 MAR PENANG
      1,155 words
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      948 39 WmMMBMiaHi flfi7syTlJiyiMMT7fJTn i VKsi COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAK6ULK/FCLSOC CARGOES TO/FROM CALLAO, MATARANI, HO* OTHER PERUVIAN PORTS* rtITH T/S AT M)BE ON CPV THkOUGH BILL OF LADING. Penji.g* P K-i jng Singapore E Ms;a SHAPLAEVERE 1 12,14 Mar 15, i/ Mar KAMAI tVtHt 11 2/,29 Mir
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      Page 39 Advertisements Column 2
      538 39 1 1 I lIBiIiIM LI i IVM It J J j (_VSI TVOY"& K;HE ImAINLINEH TLAX |wST TsAy LEIWARD ?E %i ZIM SAVANNAH 13 4 2),4 074 29/4 l i /IM tltAI kit 16! /IM SAVANNAH 13,4 2|f4 21* AM IS 7IM PIRALUS 17/E Zl J ZIM CANADA 75,« 4,5
      538 words
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      Page 39 Advertisements Column 3
      760 39 |AJ SING KWANG HANG SHN>MNO TRANSPORTATION (PTE) LTO MwM WEEKLY LCL/FCL SERVICE t IVESSEL [SKWE I JAKARTA SUHABAYA MEKHANIK KUHAKO V 51N 0//3 JIO3 IJ6NWEI V 167N 11~3 114/3 VESSEL S POHE BANGKOK I A VESSEL 06/3 09/3 A VESSEL 10/3 I 13/3 DESTINATIONS ETA SINGAPORC PORT KELANG 08 MAR
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      Page 39 Advertisements Column 4
      729 39 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY lAIIUIHI 9?1 0?'03 05 03 HiASETIA 151 A 0//03 1003 JATIOIHI 922 09 03 12 03 rMASETIA 153 A 14/03 17/03 TANTO UTAWA 145 03/03 06/03 TANTO UTAMA 14/ 12/03 15/03 TANTO UTAMA 149
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      283 39 S|N FAN EAST 10/3 KEELUNG KAOHSIUNG 9/3 BANGKOK 12/3 MANILA/CEBU 9/3 JAKARTA/BELAWAN SURABAYA 9/3 PORT KELANG/PENANGE. Malays^ I 9/3 BUSAN 8/3 TOKYO, YOKO, KOBE NGOOSA 5/3 HONG KONG SIM CHINA 5/3 GUANGZHOU/HUANGPU/SHENZnEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI XINGANG Tl ANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUMPE/ttK 9,3 LDN/FLX/LVP/SOU 9/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting
      283 words
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      686 40 CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAK BULK SERVICE "ANKE" SERVICE I Aft SP£ IC BARA L At fOm I Villi V.7SB i 3 4M 11 UI I*l ».'tSB 2 4 «S» 9 10 It* 21 n )*> Si lIS !»S PNG BUNKER SURCHARGE TEU uso 53
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      Page 40 Advertisements Column 2
      442 40 It fr-€ > r-HlliiKf J? Kfyyy > SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE MB V 03CW91 4/3/91 24/3 91 25/3/91 30/3/91 VV VO2 91W 11/3/91 5/4/91 26/3-91 31/3/91 K V 1 VO4CW9I 17/3/91 11/4 91 12/4/91 17/4/91 IY VO3 91W 20/3/91 17-4/91 7/4/91
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      Page 40 Advertisements Column 3
      601 40 I VE SSF L SIN PTL OBN RBV IALS DANAOS VO3W 05'03 15/03 19 03 P3/03 ALS AMALIA VO4W ?1 03 31-03 05 04 I I B VESSEL VOSW 06 04 16/04 ?l 04 I (Accepting FCL and LCL 'or Johannesburg VESSEL RBV OBN PTL SIN KEE BUS ALS STRENGTH
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      Page 40 Advertisements Column 4
      569 40 CUJi con-turn inTEßmonnfo 1 LCL/FCL SERVICE FROM fK l«1 ffil &A W CUn operate* ovar 600 tarminala/offieas in UIA I HI |H| /flß\ m CUIt maintains ovar 35,000 tractor* trucks. II M CUJI aarvaa ovar points in USJL I_ I j CUJI Offar raiiabia LO/FCL sarvioas. General Agent*: TTBAA/r-7/A/AT PENANG-
      569 words
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      Page 40 Advertisements Column 5
      576 40 SETH SHIPPING CORP SDN BHD PT KLAUS TEL 03 *****0 C ft Mns| FM 3670 ft I PENANS TEL 04 63?979 FM 04 *****3 SKAK TEL 069 ?MM? SIBU TEL 064 *****2 TAWAU TEL 089 *****9 KK TEL 068 *****0 KUCH TEL 062 *****3 W'SIA TO USA/CANADA CONTAINER SERVICE FEEDER
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      448 41 TIDES AND WEATHER TODAY'S TIDES in metres) HOUR 0000 0100 0200 0300 0400 0500 KOO 0700 0100 MOO **********00 **********001C00 **********00 *****100 2200 2310 JR 25 28 28 25 20 13 08 05 04 05 09 1.7 24 28 29 27 22 16 *****606 09 16 PP 2 7 29
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      396 42 CHARTPOINT Every Saturday in Business Times pt. pelayaran. samudra agung POH AIK 184 4/3 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 11/3 DUMAI/PEKAN BARU TSS 01 8/3 DUMAI KUALA SIAK V 15/3 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) S vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM ft SUMATRA PORTS Also accepting cargo
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      676 42 4HYUNDOI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN CGM PASCAL 02E 2/T 7/3 25/3 28/3 31/3 30/3 HYUNDAI CHALLENGER 19H 21/1 1/2 J/2 H/2 2/3 HYUNDAI INNOVATOR 39E 9/3 14/3
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      Page 42 Advertisements Column 3
      772 42 IICHARTPOINTI Every Saturday in Business Times AWARDS SHIPPING (HK) LTD is pleased to announce that HK-AWARDS CONSOLIDATION SERVICES PTE LTD is representing us as our ASSOCIATED COMPANY/EXCLUSIVE AGENT in Singapore with immediate effect. HK-AWARDS CONSOLIDATION SERVICES PTE LTD 32 Maxwell Road «04-03 C Custom House Singapore 0316 Tel: *****10 (6
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