The Business Times, 5 March 1991
1991-03-05
1
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The Business Times
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Title Section11 1991-03-05 1 Business Times MCI (P) 16/12/90 Tuesday, March 5, 1991 75 411 words
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NEWS SUMMARY
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55 1991-03-05 1 1 ATVIAN President Anatolijs Gorbunovs said yesterday that the Kremlin should soften its hardline stance on the Baltic republics, after his republic voted overwhelmingly for independence. Unofficial final results said 73 1 pei cent of the electorate voted for independence and 24.855 words
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37 1991-03-05 1 THAILAND'S militaryappointed premier, Anand Panyarachun, was to have an audience with King Bhumihol Adulyadcj yesterday to seek approval for his new Cabinet line-up. the 1 hai News Agency reported.37 words
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Article38 1991-03-05 1 ABACUS, the Singapore-based computer reservations system, expects a record 10 million bookings worth at least US$2O million this year in spite of the hiccup in the travel trade owing to the Gulf war Page 238 words
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Article23 1991-03-05 1 PIDFMCO and is to spend $50 million to upgrade two of its commercial properties. Pidemco Centre and Orchard Point Page 223 words
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Article32 1991-03-05 1 THAI industry leaders expect the fall 111 retail oil prices to result in a surge 111 exports and a cut in production and transport costs Page 732 words
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Article21 1991-03-05 1 JAPAN'S Finance Ministry is finalising a package of sweeping reforms aimed at tackling deregulation and globalisation Page 921 words
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Article21 1991-03-05 1 THE RECESSION in the US is still well entrenched, according to a survey of 15.0(H) businesses Page 921 words
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Article24 1991-03-05 1 THE Gulf conflict may have brought to the fort* a new phase in the political development of Asean Page 1124 words
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Article25 1991-03-05 1 BODYGUARDS aren't just tor movie ->tars; hot-shot executives won't admit it. but they too shell out hard cash to be protected Page 1525 words
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Article30 1991-03-05 1 LOCAL training in freight forwarding will get a boost this year when the VITB includes j the subject in its curriculum. Shipping I imes Page 1 j30 words
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MARKETS SUMMARY
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Article37 1991-03-05 1 BLUE CHIP stocks firmed on Wall Street yesterday, with the Dow Jones Industrial Average up 8.66 points to 2,918.56 five minutes after the opening bell. Last Friday, the Dow closed 27.72 points higher at 2.909.90.37 words
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Article34 1991-03-05 1 SHARES in London were higher at midday yesterday, helped by Wall Street's Friday advance. At about 1200 GMT. the Footsie 100-share index was up 8.2 points, or 0.3 per cent, at 2.395.1.34 words
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Article38 1991-03-05 1 THE END of the Gulf war will lead to a temporary surge in stock prices worldwide but it should not be interpreted as an end of the world's economic woes, says ehartist David Fuller Page 338 words
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Article25 1991-03-05 1 STRAITS STEAMSHIP Land's results for 1990 have been given a $3 million boost through a change in accounting policy Page 325 words
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Article36 1991-03-05 1 THE SINGAPORE branches of Kyowa Bank and Saitama Bank, which will merge on April 1. expect the business of the new branch to expand dramatically over the next two to three years Page 636 words
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Article, Illustration30 1991-03-05 1 Monday Change BT-MCiA 716.29 f6.l3 Kuala Lumpur 567.83 +8.32 Hongkong 3.564.34 f 11.97 Tokyo 25.976.02 94.45 Sydney 1.387.4 -8.8 Friday Change New York 2.909.90 27.72 London 2.386.9 -1-6.030 words
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Article19 1991-03-05 1 Exchange rates USS SSI.7365 100 Yen SSI.2825 MS SS0.6362 Money market rates Overnight 4-5/8 -1/4 3-month 4-11/16% -3/1619 words
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Article38 1991-03-05 1 London Gold AM tlx USS365.50 -USSI.W Rubber S'pore Apr 146.50*/kg -0.25 M'sia Apr 225 50*/kg unch KL Tin Turnover 15 tonnes-52 Spot MS 14.97 /kg -0.03 Crude palm oil Turnover 2.162 lots +635 Mar MS870 /tonne 1138 words
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634 1991-03-05 1 Dexter Lee - But EPS fails to inspire analysts By Dexter Lee BUOYED BY strong gains in the shiprepair business. Sembawang Shipyard (SSL) has chalked up its best results in eight years with a group after-tax profit of $52.16 million ($46.42 million). This works out to an634 words
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Article, Illustration333 1991-03-05 1 Suzanne Soh - Turi Beach developers to turn Mt Ophir into $160 m resort From Suzanne Soh in BATAM INDONESIA'S Citra group, which has already pumped about US$l3O million into Batarn, is set to expand into Johor with its first major tourism project in Malaysia, j A memorandum333 words
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218 1991-03-05 1 ACTIVE IRA DING on the Singapore stock market yesterday drove the Straits I imes Industrials Index up 9.87 points to close at a high of 1,472.85. Much of the activity centred on counters thought most likely to benefit from the recently announced Budget proposals218 words
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345 1991-03-05 1 The Gulf after the War I R AO freed 10 allied prisoners of war yesterday in a first step towards meeting truce terms as rebels bent on toppling President Saddam Hussein said they had seized control of Iraq's second city of345 words
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470 1991-03-05 1 Chuang Peck Ming - From Chuang Peck Ming in BALI AS KAN must be more competitive and build up the clout to keep world trade open, according to Singapore Prime Minister Goh Chok Tong. This is its only answer for now to the trend towards economic groupings.470 words
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124 1991-03-05 1 Reuter INDIA yesterday unveiled an austere interim budget that features big cuts in popular subsidies and government disinvestment in state-run companies two reforms that have been urged by the International Monetary Fund (IMF). The controversial threemonth interim budget presented by Finance Minister YashwantReuter - 124 words
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Page 1 Advertisements
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Advertisement163 1991-03-05 1 Nikon The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Commodities .24 Money Market 23 World News 9 Cryptic Crossword .25 Regional Co News 4 Editorial 10 Regional News 7 For market indices, editorial. Ftnanoal News 6 Regional Stock Markets 22 advertising and circulation ex163 words
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Advertisement14 1991-03-05 1 I ittle room for expat workers; UK agencies seek aid for developing countries, PgK14 words
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Advertisement46 1991-03-05 1 Nikon The World's Finest Photographic System. Inward-looking Asean policy possible if free trade hampered. Back Pg brother Laser Printer HL-8e if t/ A Second Generation Letter Quality ft J and Graphics Laser Printer ftuz- Plotter ft fcSSfy vj M|g|j m 1 wtrm S Jjjw A Bj46 words
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HOME NEWS
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NEWS ROUNDUP
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93 1991-03-05 2 THE CORRUPT Practices Investigation Bureau (CPIB) has completed a year-long investigation into allegations of corruption among some immigration officers at the Woodlands Immigration Checkpoint. Fourteen of the 400 immigration officers will soon be charged with malpractices, a statement from the Ministry of Home Affairs93 words
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Article75 1991-03-05 2 INTERESTED PARTIES can now apply for the second Singapore Young Designers (Fashion) Contest. It will be one of the programmes for a week-long fashion promotion event. Fashion Connections Singapore, this August. The top-prize winner will be awarded a two-year overseas scholarship to a prestigious fashion college and75 words
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Article56 1991-03-05 2 THE HIGH COMMISSIONER of the Democratic Socialist Republic of Sri Lanka, Ranhoti Pedige Edmond Jayasinghe, presented his credentials to president Wee Kim Wee yesterday. He succeeds Janaka B Nakkawita. Among other achievements, Mr Jayasinghe has been the deputy permanent representative of the Sri Lankan Mission to56 words
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Article35 1991-03-05 2 LEOPOLD STAMPA, the ambassador-designate of Spain to Singapore, presented his credentials to president Wee Kim Wee yesterday. He is currently the ambassador to Indonesia, a post he has held since July 1989.35 words
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Article56 1991-03-05 2 FRANK SMALL ASSOCIATES has won a tender for a survey on public attitudes towards the police with a bid of $63,000. It has also fielded two other offers. Frank Small beat three other tenders ranging from $74,800 to $90,000. They were from Opinion Research Consultants, Research56 words
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Article91 1991-03-05 2 THE GOODWOOD GROUP of Hotels of Singapore is marketing two special packages "Benefits Specials" for the regional market and "Privilege Specials" for the international market. First introduced last November, the group has extended the packages to the end of September. The benefits and privileges vary from hotel91 words
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354 1991-03-05 2 Lilian Ang - By Lilian Ang PIDEMCO LAND, the hived-off property arm of the Urban Redevelopment Authority, is to spend $50 million to upgrade two of its commercial properties, Pidemco Centre and Orchard Point. The aim is to help the two prime-location buildings maintain354 words
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Article, Illustration390 1991-03-05 2 John Tan - By John Tan ABACUS, the Singaporebased computer reservations system (CRS), expects a record 10 million bookings worth at least US$2O million this year in spite of the hiccup in the travel industry caused by the Gulf conflict. Andrew Herdman, the outgoing general manager of390 words
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352 1991-03-05 2 SINGAPORE AIRLINES will launch its first transAtlantic service in June when it starts a thrice-weekly service to Toronto. The service, via Vienna and Amsterdam, will be the second destination for SI A in Canada. It now flies to Vancouver over the352 words
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273 1991-03-05 2 SEVERAL CONCESSIONS are up for tender at Changi Airport, at a time when passenger flow has fallen because of the Gulf crisis. The main one is the dutyfree liquor and tobacco concession at Changi Airport Terminal One, which raked in sales of 5230 million273 words
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Page 2 Advertisements
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Advertisement126 1991-03-05 2 Jm&| Fly The Spirit Of Korea To Korea. T,u determination to excel. The drive to ac hieve. The commitment to be the best. That's the spirit of Korea. That too. is the spirit ol Korean Air. It s spirit that soars around the '■lobe it) 47 cities in 2'2 countries126 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration469 1991-03-05 3 Elaine Koh - By Elaine Koh STRAITS STEAMSHIP Land's results for 1990 have been given a $3 million boost through a ehange in accounting poliey, whieh combined with higher rents and interest income, enabled the property group to post a modest rise in profits last year.469 words
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Article236 1991-03-05 3 DESPITE a $2 million increase in turnover, Sea View Hotel's interim earnings have fallen to half its level of a year ago. Yesterday, the listed company said its turnover rose 22 per cent in a year to $10.83 million for the period ended Dec 31, 1990,236 words
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363 1991-03-05 3 William Chia - From William Chia in SEREMBAN MALAYSIA'S latest golfing-cum-residential resort, Staffield Country Resort in Negri Sembilan, hopes to recruit 700 members from Singapore with its marketing launch next month. WTW Consultan managing director Dinesh Nambiar, the project managers for the Ms6o million resort, said363 words
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175 1991-03-05 3 ANTAH Holdings Bhd has embarked on a 50:50 joint venture with a US-based company. Western Petroleum Services International (WPSI) to expand its oil and gas division. The joint venture. Antah Western Petroleum Services Sdn Bhd. will provide the Malaysian petroleum industry with175 words
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Article, Illustration514 1991-03-05 3 SN Vasuki - Interview with chartist David Fuller By SN Vasuki THE END of the Gulf war will lead to a temporary surge in stock prices worldwide but it should not be interpreted as an end of the world's economic woes, Mr David Fuller, chairman of the514 words
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424 1991-03-05 3 Harish Mehta - By Harish Mehta BOOSTED mainly by rising exports, British-American Tobacco Company (S) Ltd logged a 36 per cent increase in net profit after tax to $30.4 million in the year ended December 1990. Domestic sales, however, were dragged down due to new restrictions on424 words
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COMPANY BRIEFS
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126 1991-03-05 3 PERNAS International Hotels and Properties Bhd (PIHP) has proposed to acquire a 47.3 per eent stake comprising 31.97 million shares in Pernas Hotel Chain (Selangor) Bhd from Pernas Hotel Chain Holdings Sdn Bhd for M 554.35 million. PIHP said yesterday that on126 words
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Article131 1991-03-05 3 SPORTS Toto Holdings Bhd will realise a gross capital gain of about MS 19.5 million following its proposed divestment of 16.64 per cent in Magnum Corp Bhd. TTie proceeds will be used to repay the group's borrowings. In a circular to shareholders. chairman Tan Sri Thong131 words
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Article128 1991-03-05 3 LANDMARKS Bhd. the hotels and property group, expects to generate a consolidated pre-tax profit of MS 10.6 million for the year ended Dec 31, 1990, said Commerce International Merchant Bankers Bhd. In a circular to shareholders yesterday concerning the proposed acquisition of ÜBN Holdings Sdn Bhd. CIMB,128 words
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Article87 1991-03-05 3 HONG Leong Credit Bhd recorded a 45.9 per cent growth in its group pre-tax consolidated profit to MS 19.47 million for the six months ended Dec 31, 1990. lrom MS 13.35 million in the 1989 corresponding period. Group turnover also rose by 19 per cent87 words
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Page 3 Advertisements
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Advertisement279 1991-03-05 3 Which hotel will you stay in, daddy? J k ANA HOTEL SINCAPORE I 1,11 5,„,1 i ..11 i vi.... k. 1 "> 1 1 I-..X I,Us MISIN ks J! M I "WEttE COMMUTED," WE SAID. "PROVE IT YOU SAD. For a start, we've just added two new top-end performance options.279 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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136 1991-03-05 4 BRITISH COMPANY Hudbay Oil has made a significant offshore gas discovery in the Malacca Strait, the Indonesian state oil and gas company Pertamina said in Jakarta yesterday. Production tests at the DC-1 well on Padang island, some 177 km west of Singapore and136 words
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Article87 1991-03-05 4 DAIKIN INDUSTRIES Ltd forecasts parent current profit of 29 billion yen (550.37 billion) on estimated sales of 385 billion yen in 1991/92, up from expected current profit of 28 billion on sales of 340 billion in 1990/91, a company spokesman said in Tokyo yesterday. Daikin, a87 words
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Article107 1991-03-05 4 ALUMINIUM PRODUCER Alcoa of Australia Ltd has repeated a warning to shareholders that profits in 1991 will be lower than the A 5782.7 million (S$ 1,064 million) reported for calendar 1990. "The financial results in 1990 cannot be repeated in the less favourable market conditions prevailing107 words
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Article94 1991-03-05 4 TOSHIBA CORP has won an order for medical equipment from Poland worth an undisclosed sum, a company spokesman said in Tokyo yesterday. The company won an order for one magnetic resonance imaging (MRI) system and seven x-rav computed tomography (CT) machines from eight hospitals. It will94 words
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Article107 1991-03-05 4 JAPANESE oil exploration firm Japex North Sumatra Ltd will start producing crude oil and natural gas in 1992 at fields north of Medan off the Indonesian island of Sumatra, it said in a statement in Tokyo last Friday. Production is based on a 50-50 production sharing contract107 words
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359 1991-03-05 4 Al O Labita Jr - From Al O Labita Jr in MANILA IPCO Marine Pte Ltd, a Sin-gapore-based power equipment manufacturing and trading company associated with publicly-listed Promet Bhd, is eyeing commercial prospects of Manila's energy requirements over the next five years. It has submitted bids to the Aquino359 words
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408 1991-03-05 4 Reuter FOREIGN securities firms, while grumbling about high costs and restrictive rules, have been lining up for the scheduled 1992 opening of the Seoul stock market to foreign direct investment. Although the high-volume Japanese firms have been the most aggressive in seeking entry,Reuter - 408 words
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202 1991-03-05 4 FOUR listed companies on the Stock exchange of Thailand the Industrial Finance Corp of Thailand (IFCT). Securities One Ltd, Thai Military Bank and Bumrungrad Hospital 1 have announced plans to boost capital and to pay divi- dcnds. The announcement to raise capital is considered202 words
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493 1991-03-05 4 HWA KAY THAI Holdings directors have launched a bitter attack on the recent Hongkong Stock Exchange listing committee decision's to block trading in its covered Tanayong warrants. They claim "we were led up the garden path". The South China Morning Post493 words
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Page 4 Advertisements
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Advertisement173 1991-03-05 4 OI SOURCE, MULTIPLE uuw j TACNO ,792 90 FAX 312 C The New Standard off Plain Paper Fax, I f Now within your Reach I I Bi •10 sec Transmission I I I L Automatic Alternate Select No Paper Reception Delay Transmission from Memory b m mm a b b173 words
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Advertisement694 1991-03-05 4 I Straits Steamship Land Limited I (Incorporated n the Repubi c of S ngapore) H I AUDITED RESULTS FOR THE YEAR I ENDED DECEMBER 31,1990 I I The audited results of the Group and the Company for the year ended H H December 31,1990 are as follows: I COMPANY GROUP694 words
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INTERNATIONAL COMPANY NEWS
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435 1991-03-05 5 NYT REVLON INC, the cosmetics giant headed by billionaire Ronald O Perelman, is in talks about a possible sale of the company with Procter Gamble; L'Oreal, the French cosmetics giant; and Unilever, the Anglo-Dutch conglomerate. One cosmetics industry executive familiar withNYT - 435 words
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Article161 1991-03-05 5 Reuter HEINEKEN NVs 12.4 per cent rise in net profits to 365.7 million guilders (*****.7 million) in 1990 matched most expectations, analysts said last Friday. "It comes close to what I've estimated. The figures look all right, although it may be a bit of aReuter - 161 words
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Article611 1991-03-05 5 Tribune Co strategy said to contribute to collapse of talks NYT WHILE the management of The Daily News and its striking unions share blame for the failure of their negotiations, that failure was from the beginning a likely, if not inevitable, outcome of the strategy ofNYT - 611 words
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260 1991-03-05 5 Reuter AMERICAN TELEPHONE and Telegraph Co said it is offering an incentive programme to retain workers in its computer division who might seek work elsewhere out of fear of losing their jobs in the event of a merger with NCR Corp. Russell Thomas,Reuter - 260 words
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COMPANY BRIEFS
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95 1991-03-05 5 A REPORT in the Independent on Sunday newspaper said a long rumoured bid by Europe's largest textile firm Coats Viyella pic for Tootal Group pic at £200 million is imminent. A Coats spokesman was not immediately available for comment. Just over a95 words
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Article84 1991-03-05 5 UK DRINKS GROUP Allied-Lyons pic will have a 20 per cent stake in Lanson, which is being sold to fellow champagne producer Marne et Champagne, said a British newspaper. Lanson is a unit of LVMH Moet Hennessy Louis Vuitton SA. The Sunday Times said84 words
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Article95 1991-03-05 5 REPORTS in the Sunday Telegraph and Observer newspapers said stores group Sears pic is about to make a counterbid for mail order firm Grattan, owned by Next pic. The Observer report said Sears will top the agreed £140 million offer from German mail order house Otto-Versand95 words
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Article93 1991-03-05 5 FINNISH electronics and industrial group Oy Nokia Ab raised its pre-tax profit in 1990 but said the result was still unsatisfactory. Group profit before tax and minority interest rose to 711 million markka from 604 million and earnings per share rose to 5.47 markka from 4.36. Operating93 words
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Article61 1991-03-05 5 HEALTHCO INTERNATIONAL Inc said in Boston that its merger agreement with Hicks Muse Co has been terminated by both parties. Healthco said its board acted last Friday morning "after several days of intense but ultimately unsuccessful efforts to reach a revised agreement with Hicks Muse". Hicks61 words
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Article54 1991-03-05 5 SIEMENS AG has offered to buy the 7.4 per cent it does not already own in its Spanish subsidiary Siemens SA, the Spanish firm said in Madrid last Friday. The National Stock Market Commission (CNMV) suspended trade in Siemens SA shares on the Madrid and54 words
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Page 5 Advertisements
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Advertisement16 1991-03-05 5 r 1 M JBB||| *> china TM iJAlfci^ilNFcCHEiMlHHßHHllßllHßHllß^MFSfiflH^Hfll^l^H^SiF^ ■•■•jr. 9MP^V^ ?W*vP iI HWS®IHBfIBBIBB®SR3BBMBR^H^^^HHMs&* BW' B n I16 words
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FINANCIAL NEWS
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SMALL CHANGE
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96 1991-03-05 6 THE World Bank expects to help rebuild Kuwait and Iraq, even though the war-torn countries are not eligible for loans due to their high per capita income, bank president Barber Conable said. He said the bank's role will probably include technical assistance, the96 words
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Article98 1991-03-05 6 NEW ZEALAND'S High Court has extended until March 27 an injunction restraining New Zealand's biggest newspaper group. Independent Newspapers Limited, from disclosing information contained in letters from Westpac Banking Corp's Australian solicitors to the bank, Westpac said in a statement. Westpac first obtained the injunction on98 words
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Article82 1991-03-05 6 ITALY'S first ever fixed interest 10-year domestic bond issue is attracting foreign investors to snap up one of the Treasury's longest issues to date. "There's a lot of foreign interest in a world where long-term interest rates are coming down," said Graham Bishop, a London-based82 words
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Article58 1991-03-05 6 THE Hongkong Bank of Canada said its consolidated net income for the first quarter ended Jan 31 rose 43 per cent to C 514.5 million (Ss2l million) from the same period a year ago. Assets rose to $10.9 billion from $6.1 billion. The bank is58 words
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364 1991-03-05 6 Quak Hiang Whai - By Quak Hiang Whai THE SINGAPORE branches of Kyowa Bank and Saitama Bank will merge on April 1, in conjunction with the merger of their parent banks in Japan. The new offshore branch, to be named Kyowa Saitama Bank, is likely to be364 words
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Article, Illustration229 1991-03-05 6 AMPLE opportunities prevail for development financial institutions (DFIs) in the area of infrastructure and business development within the Asian region, says Ngiam Tong Dow, the permanent secretary to the Ministry of Finance. Mr Ngiam. who is also DBS Bank chairman and Singapore's alternate governor229 words
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282 1991-03-05 6 Diana Oon - By Diana Oon COUNTRIES in this region stand to gain a great deal from the reeonstruction of war-devastated Kuwait, said Dr Neal Soss, the managing director and chief economist of the First Boston Corporation in New York. He said that while the contracts282 words
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488 1991-03-05 6 Reuter MIDLAND BANK is expected to be the only bank among Britain's top four to report a loss when it releases 1990 results today and analysts believe there is a chance it may cut its dividend. Broker estimates for 1990 cover a rangeReuter - 488 words
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313 1991-03-05 6 Reuter NATIONALE-NEDERLAN-DEN NV said its merger with NMB Postbank Groep NV became effective yesterday, after more than 90 per cent of shareholders in both companies tendered their shares in favour of the combination. Nat-Ned, the largest Dutch insurer, and NMB, the third largest bank, saidReuter - 313 words
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Page 6 Advertisements
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Advertisement127 1991-03-05 6 Standard Pcx>r's Information Group #/>AMPLETE LV/VERAGE... You can use S&P Com Stock to run a variety of analytical nmHHPF- software, access key news such as AP/Dow Jones Financial Wire and financial information services. S&P Com Stock can provide you with everything you need to react to the market •v.' ?!vA'.aMitm127 words
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Advertisement70 1991-03-05 6 THE SINGAPORE BUDGET 1991. HOW WILL IT AFFECT YOU? following the Minister's announcement on Friday, ice will be holding a seminar to discuss the effects of the Budget. Speakers for the seminar will be Paul F Fllard, Fok Soy Yoong, Jean l)e Souza and Steven SI Timms. Please call us70 words
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Page 6 Miscellaneous
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Miscellaneous27 1991-03-05 6 Dollar$ Non$en$e |2$ •n'AJ! v I VO'J ij-^ra-r 1 1 i\ V J A p 5 > "No. I don't find it boring here, I was an accountant."27 words
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THE REGION
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Article, Illustration558 1991-03-05 7 Thai industrialists expect surge in exports MANY Thai industry leaders surveyed by The Nation pinned high hopes on the cut in retail oil prices that was announced without details by the military junta last week. They anticipate a surge in exports and a558 words
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409 1991-03-05 7 Rcuter THE Hanoi government is hoping to attract overseas funds with a big international investors' forum this month, but foreign executives say excitement about short-term prospects in Vietnam is fading. More than 400 foreign participants from 26 countries are expected to attendRcuter - 409 words
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Article, Illustration266 1991-03-05 7 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba said on Sunday the federal government had given more assistance to Sabah than other states in the country. It was therefore not correct to say that the federal government was anti-Sabah, he told reportersBernama - 266 words
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259 1991-03-05 7 THE Indonesian Consumer Protection Agency (YLKI) wants the government to standardise after-sales service for electronic products in an effort to protect consumers' interests, according to the Jakarta Post. Agus Pambagio, vice-exec-utivc secretary of YLKI, had earlier said that standardising after-sales services was259 words
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NOTE BOOK
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93 1991-03-05 7 INDONESIA may jail nomadic farmers for up to 10 years if they continue to fell trees in a jungle reserve to clear land for cultivation. Forestry Minister Hasjrul Harahap said he suspected illegal loggers masquerading as farmers were cutting trees in Kerinci Seblat national93 words
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Article66 1991-03-05 7 AUSTRALIAN dwelling unit building approvals rose a seasonally adjusted 10.1 per cent in January to 10,784 from 9,798 in December and compared with 11,464 a year ago. the Bureau of Statistics said. The number of private sector houses approved in January rose 9.5 per cent to66 words
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Article61 1991-03-05 7 OFFICIALS from an Asia-Pacific group will meet in the South Korean resort island of Cheju today to iron out details before a ministerial conference in October, including whether to admit China and Taiwan. The two-day Asia-Pacific Economic Cooperation meeting will also take up regional61 words
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Article80 1991-03-05 7 THE PHILIPPINES had a balance of payments deficit of US$lB3 million (about Ss3ll million) in 1990, only half as much as earlier reported. Central Bank (CB) governor Jose Cuisia traced the error to an "honest mistake" by a government institution which he refused to name. An earlier80 words
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Page 7 Advertisements
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Advertisement33 1991-03-05 7 M ■Wlßw >: W^ W V Omni Marco Polo Hotel SINGAPORE Informal vet elegant with classic Continental cuisine for lunch and dinner. CALL 474 7141. EXT. 0 I^2l 5 OMNI HOTELS ASI A PACIFIC33 words
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THE GULF AFTER THE WAR
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Article, Illustration609 1991-03-05 8 Fred Joseph - Kuwait rethinking foreign labour needs, say analysts From Fred Joseph in DUBAI A LARGE MAJORITY of Asian expatriate workers who had to flee Kuwait following its invasion by Iraq on Aug 2 may not be able to return to their former jobs. In any case,609 words
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329 1991-03-05 8 Reuter SIX British aid agencies yesterday called on the world community to compensate about 40 developing countries which suffered severe economic losses due to the Gulf war. Citing a report by the independent Overseas Development Institute (ODI). they estimated the direct costs ofReuter - 329 words
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Article, Illustration332 1991-03-05 8 Reuter AFTER a decade as an Arab outcast. Egypt has gained a pivotal position in future Middle East peace efforts through its strong support for the anti-Iraq coalition in the Gulf War. Western diplomats say. "It's become a linchpin." oneReuter - 332 words
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Page 8 Advertisements
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Advertisement647 1991-03-05 8 —r!—r t —in 1Q problem was a unique Through the team's effort, over iST* one. We would like to implement 80% of our staff have pledged to BBF" ow you out to 1200 Much to my surprise, the Staff, more than half of them are whole implementation process (PiHpSE*? bus647 words
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THE WORLD
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520 1991-03-05 9 Bid to deal with deregulation and globalisation Reuter JAPAN'S Finance Ministry is putting the final touches on a package of sweeping financial reforms aimed at tackling the key issues of deregulation and globalisation. Bankers say it will probably opt for steady but slow changeReuter - 520 words
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269 1991-03-05 9 Reuter THE US RECESSION is still well entrenched, judging by the hiring plans of American employers for the second quarter. A survey of 15.000 businesses around the US by temporary employment agency Manpower Inc has shown the weakest second-quarter outlook since 1982, whenReuter - 269 words
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380 1991-03-05 9 AP SOIJ'I H KOREA'S governing party announced yesterday that local elections will be held this month tor the first time in 30 years but critics say the move is aimed at diverting the public's attention from a major bribery scandal. OppositionAP - 380 words
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WORLD WATCH
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Article82 1991-03-05 9 SOI I H KORI: Ys trade deficit soared last month hut cheaper oil after the (iulf War may spell relief later. Officials in Seoul said yesterday that the strength of the yen may keep South Korea's trade balance deep in tne red because the country82 words
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Article71 1991-03-05 9 IHh number ol C hincsc people with per capita income under 200 yuan (about SS6S) declined 62 per cent to 69 million in the five years to 1989. The Xinhua news agencv said yesterday that per capita income in the country's 328 designated poor counties71 words
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Article76 1991-03-05 9 NEARLY three out of four corporate directors were less optimistic about Britain's economy during the first two months of 1991. A poll published by the Institute of Directors yesterday shows that only 50 per cent were less optimistic. More than half of the 200 directors interviewed.76 words
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Article66 1991-03-05 9 BRITISH Prime Minister John Major w ill meet Soviet President Mikhail Gorbachev for the first time this week and j encourage him in negotiations with the breakaway Baltic i states. British officials said on Sunday thai Mr Major's 24hour visit to Moscow today will include talks66 words
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Article79 1991-03-05 9 POLAND, Czechoslovakia and Hungary should become full i members ol the European Community (EC) when they are ready to join. Alfred Dregger, parliamentary floor leader for the hristian Democrats (CDU) and their Bavaria sister party 1 CSU. said in an interview yesterday that security issues79 words
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Page 9 Advertisements
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Advertisement664 1991-03-05 9 BAT British-American Tobacco Company (Singapore) Limited PROFIT AND DIVIDEND ANNOUNCEMENT The Directors are pleased to announce the following audited results of the Group and the Company for the year ended 31 December 1990 ($000s) THE GROUP THE COMPANY 1990 1989 %<±) 1990 1989 Turnover 254,477 199.976 >27 N/A N/A Investment664 words
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Article464 1991-03-05 10 EDITORIAL THE business community was clearly disappointed. Last Friday's Budget statement was, by its collective reckoning, cautious to the point of nonentity. Business leaders were obviously expecting more: a cut of at least one percentage point in corporate tax. for instance. They received instead the unkindest464 words
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WHAT THE OTHERS SAY
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Article221 1991-03-05 10 MANY would say that Finance Minister Dr Richard Hu was too cautious in his Budget, given the prevailing economic conditions. As an overall package. the Budget was baffling in its caution and lack of boldness. In fact, when viewed against the backdrop of the expected economic slowdown221 words
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Article138 1991-03-05 10 AFTER more than 20 years, Bangladeshis got to taste the fruits of democracy in the recent general election. The Bangladesh Nationalist Party, led by Begum Khaleda Zia, emerged the winner though it was short of 11 seats to form an absolute majority. Arch-rival Sheikh Hasina of the Awami138 words
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Article142 1991-03-05 10 THE best chance for pro-Saddam nations, MiddleEast countries which were part of the allied forces, and Kuwait to patch up ties is for them to secure a common stand on how Saddam Hussein should be dealt with. F.ven though Arab countries that had supported Saddam might not want142 words
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REGIONAL VIEWPOINTS
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Article140 1991-03-05 10 THE Middle East has been handed an historic opportunity not only to address the immediate concerns of the Gulf but all other grievances the most complex of which is the Palestinian desire for their own homeland. However remote the prospect of a Palestinian homeland may140 words
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Article217 1991-03-05 10 DOES Malaysia have what it takes to become an industrialised nation? Datuk Sen Dr Mahathir Mohamad is confident; his administration is in fact coming up with an Accelerated Industrialisation Drive to build up the momentum to meet the 2020 goal. The economic miracles of certain countries in217 words
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Article175 1991-03-05 10 THE government's monetary move to squeeze huge sums of money out of the banking system serves to strengthen its message that no devaluation is imminent and foreign exchange speculation therefore is not only irrational but also irresponsible. (Yet) speculation in foreign exchange tended to increase. There are175 words
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Article, Illustration766 1991-03-05 10 Michael Scnroeder; Jonathan Kapstein - Increasingly, US multinationals are adopting formal international philanthropy programmes as part of their global business strategies. Michael Scnroeder and Jonathan Kapstein report Michael Scnroeder Jonathan Kapstein AS philanthropic bequests go, this was an odd bird. Last year, the mayor of Pocos de Caldas.766 words
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Page 10 Advertisements
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Advertisement69 1991-03-05 10 Plaza Hotel SINGAPORE WAt««COLO<JfItFUL*»"VtTfRQ *rt& »V>» A- $o~9*p^ Open Sun to Ttiur and Public Holidays 6pm 2am J f 0* W I I \J f* Fri. Sat and Eves of Public Holidays 6pm 3am \S J t\J J T H C It KABA fi 1 Plaza Hotel Multi storey Carpark69 words
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Page 10 Miscellaneous
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Miscellaneous53 1991-03-05 10 DOONESBURY BY GARRY TRUDEAU DON'T STRAIN VOUP iOURSURGtON TtUbMt YOUR. LAIIM- HI HO SPORT' HA,HA' I'M OPERATION HUMONOOitS I I HAVK£YB 7 T PftfEMdEF MB 7 1 UM eNS!6N TRIP TRJPIW 9H(r WbIOUMIGHT '"f 1 OF MY J MORALE- OFF!C£P HERE £VEN BE ABLE TO RBTURN TV M 1 lAJILP53 words
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ANALYSIS
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903 1991-03-05 11 More and more Japanese consumers are using prepaid cards instead of cash for their transactions. These cards are convenient because they eliminate the need to carry cash and also because users save tin the 3 per cent sales tax Asahi News ServiceAsahi News Service - 903 words
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Article, Illustration1109 1991-03-05 11 Lee Fook Heng; A J Leow - Two writers focus attention on the end of the Gulf War on this page. Lee Fook Heng makes the point that the conflict may have brought to the fore a new phase in the political development of Asean while A J Leow lists some ways in which1,109 words
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Article705 1991-03-05 11 WITH the end of the Gulf War, it is now opportune to look at some steps the West and the United Nations can take to foster more stable societies in the Middle East. Eirst. there must be a concerted effort to limit the transfer of705 words
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Page 11 Advertisements
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Advertisement259 1991-03-05 11 M T jhr ty MBA sth Intake By Distance Learning Commencing in July 1991 Admission Criteria Innovations and Strengths Founded in 1927. The University of Hull is one of the most FIRST to offer TQM and A Svstems Approach to CPS the prestigious Bntish universities It is a centre of259 words
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INNOVATION & TECHNOLOGY
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349 1991-03-05 12 Jean Wee - By Jean Wee D a i i a s BASED Texas 111 st r u in cuts (TI) has expanded its Singapore operations with an eye to capturing a share of the growing regional market for Computer-Aided Software Engineering (CASH) tools. It has sunk in349 words
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182 1991-03-05 12 NYT A UNITED STATES federal judge has ruled that Intel Corp was not entitled to trademark protection on the name of the 386 microprocessor, the company's most important product. The ruling last Friday by US District Judge William Ingram, who held that "386"NYT - 182 words
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Article, Illustration568 1991-03-05 12 Reuter FROM the fields and duck farms of Beijing's university district, China's "Silicon Valley" emerged in the mid-1980s, its nascent computer firms a magnet for engineering talent and entrepreneurial energy. The area is still home to some of China's biggest computer companies,Reuter - 568 words
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Article355 1991-03-05 12 ITALY'S Olivetti launched a new line of portable computers, j including three notebook- and two laptop-size models. "The portables being presented today are our challenge to nonEuropean solutions currently dominating this market segment." Olivetti group managing director Vittono Cassoni said at the launch last week. Analysts say the355 words
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581 1991-03-05 12 Focus on breakthroughs in the industry AP FIRST there was data processing. Then came word processing. Now the next stage in the computer revolution may he dawning: image processing. Picture an insurance company office with hundreds of file cabinets crammed withAP - 581 words
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389 1991-03-05 12 NYT THE PEN, if you believe the soothsayers, is mightier than the keyboard. Virtually all of the big personal computer makers are racing to develop a new generation of lightweight portable computers that can be operated by writing on a screen or tabletNYT - 389 words
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83 1991-03-05 12 Reuter A GROUP of computer manufacturers have said that they plan to build pen-based systems that will support Microsoft Pen Windows operating system, according to Microsoft Corp. Specific details on products and release dates have not been disclosed by the computer firms.Reuter - 83 words
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Page 12 Advertisements
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Advertisement151 1991-03-05 12 MIX 200 YEARS OF AMERICAN HISTORY CULTURES AND YOU'LL HAVE THE CBKINE OF THE NEW ORLEANS. M JwmCXiL 17 J|2 V ft A yT ffVJL J| W Xr*T HI j! §2kf l!§ 1 The New wins specialises in the exciting New Wave American cuisine plus tfitroditional Cajun and Creole cuisine151 words
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Advertisement153 1991-03-05 12 We are establishing a 50 MW power plant with a 10 MGD desalination plant based on sea water and/or brackish water at Karachi, Pakistan. While the power plant aspect is being arranged separately we are interested in design engineering companies or individual persons who could satisfactorily engineer the desalination parcel153 words
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FOCUS
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Article, Illustration638 1991-03-05 13 The Jardines group faces conflicting fortunes in the US and Australia. A US$2OO million dispute between Jardine Strategic Holdings and the US investment hank Bear Stearns was scheduled to go to court in New York yesterday. Meanwhile, in Australia, the group is negotiating638 words
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1248 1991-03-05 13 Florence Chong - By Florence Chong JARDINE Matheson and its subsidiaries have had a patchy career in Australia, but that is set to change. The group intends to use Australia as an important base for the continuing development of regional businesses. Although Jardine has had investments1,248 words
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Page 13 Advertisements
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Advertisement608 1991-03-05 13 rit'tfA <3>#- ■-W^k!'9'' has so many features <*_- it even makes you But first, allow us to put a smile on your face.... j/b^^lk ROSE make-up kit ($200) yours FREE with every purchase of a WordStar 6.0 package! P* 6 X o And before you learn from us how to608 words
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Page 14 Advertisements
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Advertisement239 1991-03-05 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD239 words
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Advertisement321 1991-03-05 14 FEAST YOUR EYES 111 l milll I ON THE plums jewels I II 111 OF THAILAND From Ist March 17th March live of the finest exponent*, of Thai Cuisine will masterfully prepare «i plethora ot appetising dishes. The buffet will be available for both lunch (12 noon 2.30 pm) and321 words
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Advertisement351 1991-03-05 14 THEME KARAOKE HITS TOWN! At Smgsation Come experience the latest karaoke trend singing in different theme rooms From Outer Space to a Log Cabin, or even an Airplane Imagine being in someplace different every night. In fact, it's sensational! PLAZA HOTEL located at oasrmfnt of rruit' storey oo«rui»i»»»lTi«o carpark (come351 words
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Advertisement372 1991-03-05 14 I3ril jK For the next three weeks, British Buffet Lunch we'll treat you like royal- March 1-21 >- rv at our British Buffet. Noon 2.30 pm With over 60 traditional favourites, you'll be hack Adult SJ6+- for seconds, thirds... Child below 10 $18+- We serve the world to you M372 words
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Page 14 Miscellaneous
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Miscellaneous657 1991-03-05 14 TELEVISION AND RADIO if KiZk MAII rO *SBCI2 SM rr^M':t^ na,JP BUiMNESSONRAOIO W 110 Cdn 11 DC lIOW. 630 BBC, 89.9 mHz in VHF Band II H730 PM Parenthood (Stereo, ep gj s p ro g ramme Highlights. 8.36 Isyah Prayer Call. 7.10 am, 9.25 am, 1.30pm, 2). Helen is657 words
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LIFESTYLE
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Article, Illustration987 1991-03-05 15 Deirdre Fanning - Some executives are surrounding themselves with bodyguards. But what exactly do these protectors' do? Deirdre Fanning finds outs Deirdre Fanning NYT TWU W \RNI K chairman Steven Ross has them. Ronald Perelmun. chief executive of Revlon Inc. divs ttxv So do Henry Kissinger and, of course.NYT - 987 words
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908 1991-03-05 15 Dead authors are not writing from their graves, but new books bearing their names are fattening publishers' bottom lines NYT After 12 weeks on the paperback bestseller list, including six weeks as No I. V C Andrews* "Dawn" is a huge success. "It's nearingNYT - 908 words
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Article, Illustration604 1991-03-05 15 CHATTERBOX PULITZER Prize-w inning novelist A B Guthrie said he writes about the wild West to show an honest picture ot what life was like then. Guthrie, whose manual for fiction writers is due out this month, said he admires the work of604 words
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Page 15 Advertisements
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Advertisement246 1991-03-05 15 AND ENTERTAIN Set Your Heart On Our Set Meals. I jj""' I i I i :tK I'IKV >N I The Cafe-in-the-Park is well known tor I its excellent food. And now, tor its value-tor-I money set meals. Everyday, except Saturdays. ANA HOTEL I lh WSM.NI Mil I. MM.Mt'KI i:> 111246 words
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Advertisement73 1991-03-05 15 vf| j- e W I r-^ im 4-^P|jgy>'" >« ,'>•!. ~f L 's9& e f rr^3^KL *1 Ko freshest, liveliest seafood place in town. 11 have to go a long way to find seafood >jl 1 any fresher. Lunch: 12 noon 2. 30 pm. "T^J 5 Except Sunday. Dinner: 6.30pm73 words
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SPORTS
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SIDE LINES
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98 1991-03-05 16 MONICA SELES moved to within one victory of becoming the new world number one in women's tennis last Sunday as she advanced to the final of the U*****,000 (*****,500) Palm Springs tournament. Seles, the top seed, would end Steffi Grafs record 185-week reign98 words
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Article49 1991-03-05 16 RICHMAN. urged on by jockey Pat Day. held off fast-closing Near The Limit by two lengths to win the 66th running of the Louisiana Derby last Sunday. Richman. the betting favourite in the 11-horse field, covered I 1-16 miles in New Orleans in 1:44 2-5.49 words
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Article61 1991-03-05 16 COMPETITORS in the BOC round-the-world solo yacht race reported injuries and mishaps as leader Alain Gautier of France approached the end of the third leg of the race yesterday. The race report in Sydney said that Gautier's yacht. Generali Concorde, had picked up speed and61 words
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Article51 1991-03-05 16 JAGUAR DRIVER Davy Jones took the lead from polesitter Tommy Kendall on the first corner of the firsi lap and cruised to victory in last Sunday's Camel GT series Toyota Grand Prix of Palm Beach. Jones beat runner-up Wayne Taylor in a Chevrolet Intrepid by 27.04251 words
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Article69 1991-03-05 16 LIGHTNING, rain and strong winds postponed play in Miami last Sunday in the final round of the Doral Ryder Open with Andy Bean and Russ Cochran sharing a tenuous one-shot lead. The players marked their positions and were to return to finish the final round early69 words
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Article, Illustration403 1991-03-05 16 Agencies LAN WOOSNAM retained his Mediterranean Open title after a frantic finish on the French Riviera last Sunday. The Welsh star was four strokes behind England's Mike McLean at St Raphael with three holes remaining, but his birdie at the 17th, and a nightmareAgencies - 403 words
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Article, Illustration497 1991-03-05 16 AP JOHN found no particular joy in beating younger brother Patrick in the battle of the McEnroes last Sunday. "I have incredibly mixed emotions right now" John McEnroe said after his victory in Chicago. "Every emotion you can imagine was there from worrying toAP - 497 words
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474 1991-03-05 16 AP AFTER three and a halt" almost flawless rounds. Cindy Rarick finally showed signs of weakness in the LPGA Kemper Open last Sunday, and Deb Richard took advantagc of the opportunity. Richard, who had trouble making key putts throughout the tournament,AP - 474 words
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Page 16 Advertisements
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Advertisement174 1991-03-05 16 B UNTIL APRIL 30™, ALL ROOMS AT HOTEL CONRAD HONG KONG HAVE BEEN LOWERED BY 40% We advise you to sil down Because there s an offer at Hotel Conrad that wilt knock you right off your feet Stay in any of our spacious rooms until April 30th. 1991, and174 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3759 1991-03-05 17 Genevieve Cua - By Genevieve Cua THE Singapore stock market continued to surge ahead yesterday in active trading despite wide expectations that it would take a breather soon. Brokers, however, described yesterday's trading as directionless and featureless which they said was prompted by a host3,759 words
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Article3973 1991-03-05 18 Main Board SIA Foreign 1780 <-40 +2.3% GE Life 1470 +40 +2.8% DBS Foreign 1280 +40 +3.2% NatStcel 980 +35 +3.7% ICS 468 +32 +7.3% IsetanSO* 795 +30 +3.9% Jurong ShipSO' 740 30 4.2% Robinson 418 +28 +7 2% Shangri-La 660 25 3.9% Transmarco 2723,973 words
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BT SHARE INFORMATION SERVICE
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Article85 1991-03-05 19 Company Date Year Croup N«t Net earnings Cress anil to prefit/loss (L) per share dhrideed (000) (cents) Avimo feb 27 Sep 90 $3.006l($l 1,029) -(14 7) 125M25IE) H leong Credit ian 16 Jun 90 M$24,462($18 074) 21 8(164) 10(10) C&C Jan 14 Sep 90 $53.947($34,649 30 8(23 5a)85 words
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Article183 1991-03-05 19 Company Date Year Group pre tax Net earnings Gross Mn to profit/loss (L) per share dividend (•000) (cents) Jurong Ship Mar 2 Dec 90 $70.647($48,728) 50 4(33 3) 30(20) MUM)* Feb 28 Dec 90 M$20,033($18.136) 7 4(4 8) 14 2(96) FELS Feb 27 Dec 90 $36.729(526.930) 23 3(17183 words
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Article259 1991-03-05 19 Company Date Half-year Group pre-tax Interim 1 to profit/less (L) dividend (•000) Cons Plant Mar 2 Dec 90 M$40.600($56.600) 8(92) MB Bhd Ma. 2 Dec 90 M$20.400($19.000) 6 6 sl Darby Mar 2 Dec 90 MJ320.100(*****00 7( SmUEP Mar 2 Dec 90 M$46.100($20.800) --> Tractors Mar 2 Dec259 words
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Article900 1991-03-05 19 Mar 4 Macnum Corp will take a half ownership of the Austotel chain of 192 pubs throughout Australia for AsB2.sm (*****.4 m). Magnum Corp will also manage the pubs Mdf 1 Shantri-La Hotel has agreed to take up a $120 m minority stake in a venture to develop900 words
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Article317 1991-03-05 19 Current Ex Books Date Tatelfar Tetel for payment date do*e payable the year last year Asean Find US$010(b) Mar 18 Mar 28 Ap< 8 USJO10 A vino 5%TE Feb 25 Mar 7 May 15 12 5%TC 25%TC DMT 501(1) Feb 20 Maf 4 Mar 6 50% 150% Berjaya317 words
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Article820 1991-03-05 19 BONDS, LOANS WARRANTS Company Cnwniw parted C«iwr»ioii tann for ordinary rtiara C&C Wt More 26 4 93 1 warrant plus $3 09 cash Causeway Loin Causeway Wt 2/10/89 to 20/10, 94 1 warrant plus $0 77 cash or 1 warrant plus JO 77 nominal amount of loan stock Ctuan He820 words
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Article873 1991-03-05 19 Main Board List Full Year Company Penod Dit« Year Net EPS Gross Net amomced endnj (c«nt$) <1* pro* last year (J 000) 0® Pacfcafnj interim Nov 13 Ok 90 29 7 132 11.616(e) BMT Interim fan 10 km 91 254 2 150 0 773 ta*> final Feb 16873 words
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Article170 1991-03-05 19 Company Rights Issue H Leoif Crtdt Two for fi* <a M$2 80 pet share Ex-date Feb 21 Books dose Mar 1 Acceptance Payment NYA Petanf Bhd Twfrfot five (a, M$1 60 per share-Ex-date Mar 4 Books close Mar 18 Acceptance Payment NYA Company Bonus Issue H Leant Credt170 words
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Article74 1991-03-05 19 A vino Singapore Ltd: 17th AGM at Valley Room, Shangri-La Hotel, 22 Orange Grove Road. Singapore 1025 on Monday, Mar 18, at 12 noon. Unted Overseas Land Ltd: EGM at the Board Room, 30th Storey, DOB Building, 1 Bonham Street. Raffles Place, Singapore 0104 on Wednesday. Mar 20.74 words
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Article157 1991-03-05 19 RECORD HIGHS LOWS BT Composite Index (4/j/j|) 1991 N0t 1253 84 (4/3/91) 1W1 1149 08 (16/1/91) !££l 152 ffiiffi 215 wo™ <27/3/90 1990 h*ft 1435 43 (16/7/90) 1)90 *****0 (11/10/90) !251S iSS iSm/jX! IS St 1487.76 (26/12/89) 22 S? q??!S S im9|w: 1030 69 (4/1/89) 1989 tow: ***** (4/1/89) 19n157 words
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Article316 1991-03-05 19 Company Rights Issue Alcorn Onefor two (a MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at MSI per share with 10m detachable TSR Bona, One tor tour ta, MS2 00 per share Gcv|e Kent One-tor-two (<i MSI 50 per share H316 words
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Page 19 Advertisements
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Advertisement112 1991-03-05 19 SINGAPORT'9I A BT Special Survey on Singapore's shipping industry March 26,1991 For the third year running, Business Times will publish a special supplement to coincide with Singapore's premier shipping event SingaPort. This year, the supplement will give an insight into the future of various sectors in the shipping industry and112 words
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Advertisement78 1991-03-05 19 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 delivery78 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4217 1991-03-05 20 Bernama KUALA LUMPUR share prices closed higher in active trading yesterday on widespread buying interest. The KLSE Composite Index closed 8.32 points higher at 567.83 while the Industrial Index added 22.41 points to 1,130.46. Gainers far outpaced losers 182 to 34 while 35 otherBernama - 4,217 words
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Page 20 Advertisements
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Advertisement137 1991-03-05 20 NEWS TRAVELS h |jA\\ ,-;yT I z|r K *Z- m ~-css&Kr ---"i- Hr I 1 ■-»*£~+j± ALL ADVERTISING MESSAGES are effective. To vary ing degrees. In Singapore, when you want to reach out to a select target audience in the transport industry only one daily offers vou the advantage of137 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2222 1991-03-05 21 Reuter TOKYO STOCKS closed moderately firmer in light trade yesterday. Brokers said uncertainty about interest rates and the economy kept many investors sidelined. But Wall Street's gains last Friday on expectations of a fast US economic recovery kept a firm bottomReuter - 2,222 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2164 1991-03-05 21 Reuter THE HONGKONG share market erased early losses to close higher on a late buying spree by institutional investors yesterday, brokers said. The Hang Seng Index rose 11.97 points to 3,564.34 after hitting a low of 3,536 on profittaking at midday. TheReuter - 2,164 words
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Page 21 Advertisements
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Advertisement15 1991-03-05 21 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times15 words
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REGIONAL STOCK MARKETS
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Aussie stocks end lower on economic gloom
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Article813 1991-03-05 22 Australia s s A Cents 3 AC Minerals 60 5 780 S ACM Gold 38 unch ***** S ANZ Bank 330 -8 ***** i Aberfoyle 325 5 370 S Add Stm 47 2 1925 5 Advance Bank 534 4 132 Alcan 138 Amcor 452 I 8506 Ampol Ex 265 2813 words
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Article305 1991-03-05 22 THE AUSTRALIAN share market was dragged lower yesterday by the weight of gloomy job statistics and last week's announcement of Asl.3 billion of new share issues. Brokers said a 27-point rise on Wall Street on Friday was not enough to counteract the depressing effect of local economic news. Treasurer305 words
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Article584 1991-03-05 22 JAKARTA'S stock exchange, thrown into reverse last week as the money supply dried up, continued its fall into the doldrums yesterday. The official index dropped 5.72 points to 382.20, with just 2.5 million shares changing hands. Brokers toyed with several industrials in small lots and churned away at the584 words
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Article372 1991-03-05 22 TAIWAN'S stock market staged a spectacular recovery yesterday to end barely changed, after plunging on worries that the government was cracking down on tax evasion by big players. Brokers said a wave of bargain-hunt-ing pulled prices back up in late trade, but investors still feared a crackdown and the372 words
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Article813 1991-03-05 22 SEOUL stock prices fell yesterday as investors took the opportunity to reap profits on a lack of domestic favourable factors following the end of the Gulf War, brokers said. The composite stock index opened weak and drifted steadily down through the day. It closed 7.13 points lower at 670.42.813 words
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Article566 1991-03-05 22 MANILA share prices closed mostly lower in slow trade after last week's buying frenzy because of a rise in Treasury bill rates and a lack of buying incentives. The Manila Stock Exchange Composite Index fell 29.06 points to 933.50. "A price adjustment like this is expected after a frenetic566 words
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Article725 1991-03-05 22 Thai stocks closed lower yesterday. An early eight-point gain was wiped out by a foreign cautious attitude towards a Cabinet being formed by Prime Minister Anand Panyarachun, brokers said. The SET index closed 2.89 points lower at 787.57. Turnover was 3.6 billion baht. Siam Cement rose four baht to725 words
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Article68 1991-03-05 22 A LACK of buying interest took New Zealand shares lower across the board on thin volumes at the close yesterday, reflecting weaker domestic bond prices and a lacklustre Australian market, brokers said. Fletcher Challenge, with a weighting of about 25 per cent on the Barclays Index, led the68 words
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Article48 1991-03-05 22 BOMBAY share prices finished broadly higher yesterday after the government did not propose any fresh taxes in the interim budget, brokers said. The Bombay Stock Exchange (BSE) index closed up 5.03 points at 1,225.44, below the day's high of 1,231.29. The national index gained 4.63 to 611.98.48 words
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Article86 1991-03-05 22 INDICES TURNOVER Ooae Mar 4 PrtiitM SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1387.4 2175.4 787.9 94.58 1.396.2 2.188.3 793.6 133.54 -8.8 -12.9 -5.7 -38 96 BANGKOK SET Index Turnovcr(imllion baht) 787.57 3.600 ***** 5,141 -2.89 -1.541 JAKARTA Composite Index 382.20 387.92 -5.72 MANILA Composite86 words
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360 1991-03-05 22 In locml currency In S$ In US$ Sday year S day year Sday year MAR 1 Index change change change change change change World 3987 -0.7 11.4 -1.4 104 -1.6 10.9 $EAFE 524.2 -1.3 11.5 -2.2 106 -2.4 11.2 Europe 408 0 -09 12.0 -1.6360 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration876 1991-03-05 23 David Gabriel - THE S KAN CIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio oj deutschemarks, yen. sterling, Swiss francs, Nikkei Stock IndexSource: TeleTrac - 876 words
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281 1991-03-05 23 j ASIA THE US DOLLAR was trading well above Friday's closing levels against the mark, sterling and the Swiss franc at Monday's opening in Europe, but dealers said they thought it was unlikely to rise much further. "We tried last week to get281 words
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Article1238 1991-03-05 23 SIMEX EUWOOUAI Open High Low Sett Est Vol Op/Int Vol Mar 91 93.06 93 08 93.06 93.08 2350 ***** 5285 Jun 91 93.11 93.13 93.10 93.11 8000 ***** ***** Sep 91 92.88 92.91 92.88 92.89 1375 6395 6512 Dec 91 92 49 92.52 92 44 92.49 920 63221,238 words
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Article396 1991-03-05 23 Cross rates MaM USS S$ MS Dm Yen SFr A$ NZS US$ 1.7330 2.7270 1.5380 134.60 0.5269 1.3340 1.2755 1.6667 SS 0.5770 1.5736 0.8875 <f7767 0 3040 0.7698 0.7360 0 9617 M$ 0.3667 63.55 0.5640 0.4936 0.1932 0.4892 ***** 0.6112 Dm 0.6502 1.1268 1.7731 87.52 0.3426 0.8674396 words
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Article561 1991-03-05 23 Interbank rates SS Bid Offer Overnight 4 5/8 4 3/4 1-month 4 5/8 4 3/4 2-month 4 11/16 4 13/16 3-month 4 11/16 4 13/16 Overnight mode: 4-3/4 US$ Bid Offer 7 days 6 7/16 6 9/16 1 month 16 15/16 7 1/16 2 months 6 7/8 7561 words
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COMMODITIES
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483 1991-03-05 24 Reutcr RECORD-LOW natural gas priccs are prompting US analysts to slash 1991 price forecasts. But many say the low prices offer investors a good chance to buy ahead of expected longer-term gains. The mild winter left some gas securities well below estimatedReutcr - 483 words
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253 1991-03-05 24 AFP GULF Cooperation Council (GCC) oil revenues increased by 70 per cent in 1990 despite a halt in Kuwait's crude exports, a Gulf study said. The earnings of the six GCC members rose to US$7B billion (Ssl33 billion) from $46AFP - 253 words
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861 1991-03-05 24 REPORTS THE tin price on the Kuala Lumpur Tin Market yesterday fell below the Msls per kg level again, finishing three sen lower at $14.97 per kg on poor fundamentals and lack of fresh buying interest. A dealer said the market seemed to861 words
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Article1424 1991-03-05 24 Rubber Mar 4 MS (t* fcatw) S ccnts/kg Noon Close Int I RSS Prompt 144 00/145 OON 144.25/14S.25 Int I RSS Apr 91 I46.2VI46.75 146.50/146.75 Int I RSS May 147.75/148.25 148 00/148 25 Int 2 RSS OP 142.50/144 50N 142.50/144 SON Int 3 RSS OP 137 50/139 SON 137.50/1391,424 words
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Page 24 Advertisements
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Advertisement530 1991-03-05 24 NOTICES M IMC MATTER OP THE COMPANIES ACT, CHAPTER SO. AND M THE MATTER OP SANGYO LEASING SINGAPORE (PTE) LTD (In Members' Voluntary Liquidation) Extract of the minutes of an Extraordinary General Meeting of the members of Sangyo Leasing Singapore (Pie) Ltd convened and held at 6 Battery Road. #27-01530 words
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Advertisement537 1991-03-05 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTERM AND IN THE MATTER OF EXCELSIOR MANAGEMENT PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extra-ordinary Oeneral Meeting of the Members of the abovenamed Company, duly convened and held at 333 North Bridge Road, #05-00, K.H. Kea Building, Singapore 0718537 words
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Advertisement11 1991-03-05 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1153 1991-03-05 25 City Hight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA892 GA974 GA886 0355 2135 2220 Kuala Lumpur MH601 MH640 MH630 0120 0810 0900 MH604 SQ102 MH606 0700 0730 0740 Adelaide SQ228 QF7 1910 2155 QF82 2115 SQl 03 MH605 SQ105 09501,153 words
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THE TRAVEL PAGE
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732 1991-03-05 25 Andrej Gustincic - LETTER FROM YUGOSLAVIA By Andrej Gustincic FROM AFAR the little houses near the Serbian town of Ribare look like any other village. But despite the modern furnishings, their only inhabitants are the souls of the dead, according to an ancient rite which combines paganism, Christianity732 words
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Article146 1991-03-05 25 As at 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.3S00 1.3700 Canadian dollar 1.4900 1.3100 NZ dollar 1.0230 1.0330 Sterling pound 3.2600 3.2900 US dollar 1.7230 1.7400 Local dollars to 100 units of foreign currency Austrian schilling 13.70 16.70146 words
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Article138 1991-03-05 25 Duration Title Venue Organiser Tel Duration Title Venue Oqganiser Td March International Berlin. AMK Berlin *****0380 March The Scottish Britain Scottish (44) 31/ 2-7 Tourism Exchange Germany 17-21 Hotel C atenng Exhibition *****86 and l icensed Conference Centre Trade Exhibition Glasgow March International Turin. Italy Torino Esposi/wni138 words
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Page 25 Advertisements
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Advertisement42 1991-03-05 25 Bud, youH be a lot wiser when you learn about Finnair's New\brk route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Kurope fn*n start to Finnish.42 words
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Advertisement53 1991-03-05 25 You don't have to be an egghead Introducing a new ■jfeA column on self-made Singaporeans who left the paper chase and yet have become successful Today: Moe Alkaff j Make a date with reporter Irene Ng jj|» today and every Tuesday N The latest news and much more. From lunch-time.53 words
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Page 25 Miscellaneous
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Miscellaneous281 1991-03-05 25 ACROSS 1 Main attraction for Main--8 It provides comprehensive cover for the traveller (7) 3 1111 I 1 1 i I f° First-class beer sent back? That's not unusual in the 'Queen's Arms 1 we hear I I 12 Crude a steel band (3-4) 13 13 The first charter river?281 words
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Miscellaneous203 1991-03-05 25 Singapore Outlook: Fair Forecast: Maximum temperature 32.3 Assoc humidity 54% Minimum temperature 23.2* C Assoc humidity 91% Hours of sunshine 11.00 Rainfall in mm Nil Rainfall this month 3 Rainy days this month 0 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 23/17 Showers Bangkok 35/24 Fair Beijing 06/00 Cloudy Brunei 32/24203 words
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Miscellaneous35 1991-03-05 25 it M*<es Fsee fuu- or ovefc cycitcd T GOitJG SPGS FuU. OF vtaTe »T wweN Tuevf HOLD MO6E: vjnpi£ASFWT- e*Hie>\T«ON BUTVIPF BUSINESS C*HIB\TIONS <JSUP\L... \NTOU)N J QrfY 1% 0380 c EVENING STANDARD CO LTD. IMMMI /<35 words
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Article, Illustration240 1991-03-05 26 Chuang Peck Ming - Conference on Asean and the World Economy From Chuang Peck Ming in BALI ASEAN will have to resort to a more inward-looking trade policy if the free trade system breaks down and economic trading blocs become the order of the day, Singapore240 words
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321 1991-03-05 26 Shoeb Kagda - From Shoeb Kagda in BALI AS THE WORLD moves towards a new order, the nations of Asean can no longer adopt the middle ground when confronted with regional conflicts, said former US secretary of state Dr Henry Kissinger yesterday. With the demise of321 words
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274 1991-03-05 26 PAINTING a broad picture of Asean's role in shaping the new international order, Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday outlined two new initiatives for the regional grouping in this decade. Speaking at a conference on Asean and the world274 words
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196 1991-03-05 26 JAPANESE aid tor Asean will not he diverted to the Ciull countries even though there is a demand there now tor more money to help in post-war reconstruction. Michio Watanahe. a senior Japanese Member ol Parliament, gave the assurance yesterday in196 words
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Article, Illustration638 1991-03-05 26 ALVIN TAY; ALVIN TAY - The Bottom Line ALVIN TAY ALVIN TAY The writer is one ofßT's news editors WHILE INVESTORS rejoiced at the latest tax breaks for banks' general provisions by chasing share prices of most banking counters up yesterday, senior executives of the major local banks638 words
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401 1991-03-05 26 Catherine Ong - From Catherine Ong in HONGKONG HONGKONG'S first local election after the June 4 Beijing massacre has seen the territory's biggest liberal group outperforming all other groups, an outcome which should prove worrying to China. The United Democrats of Hongkong (UDHK), led401 words
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Page 26 Advertisements
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Advertisement75 1991-03-05 26 Baume Mercier GENEVE 1830 I was in and out in 1 hour and I lTfllllLXLCu 1 ldL With the new Business Lunch menu at the legendary Max.m's de Paris, you'll enjoy a tnily exquisite lunch in a shade over an hour. A full 3 course meal with a choice appetizer,75 words
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Advertisement76 1991-03-05 26 JL. Baume Mercier GENEVE 1830 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and vou are looking for office space (witn business support facilities) we have various sizes for you to choose Our prices for a week is equivalent to a night's stay in an Orchard76 words
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Shipping Times
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Article, Illustration386 1991-03-05 27 Selva Kumar - By Selva Kumar LOCAL training in freight forwarding will receive a boost this year when the Vocational and Industrial Training Board (V1TB) includes the subject in its curriculum. The subject will be part of the VITB's Certificate in Business Studies course. Mr Ole386 words
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Article, Illustration251 1991-03-05 27 Khaidir Abd Majid - By Khaidir Abd Majid THE Kclang Container Terminal (KCT) has placed an order for two Hyundai made post-Panamax cranes which are scheduled for delivery next year. With the order the total number of gantry cranes at the terminal will be boosted251 words
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390 1991-03-05 27 IN another round of surcharge reductions, several conferences and agreements have announced lower charges. Member lines of the US West Coast/Middle East Rate Agreement (WCME) have said that due to the drop in fuel prices paid by members the fuel adjustment factor (FAF) was390 words
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Article178 1991-03-05 27 Reuter BRAZIL'S government has reached an agreement with union leaders to end a thrce-week-old strike crippling the country's biggest port, a spokesman for the Infrastructure Ministry said. "It has all been solved. The unions have agreed to go back to work from tomorrow (last Friday),"Reuter - 178 words
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402 1991-03-05 27 Lloyd's List A LEADING expert on ship design has accused the maritime industry of a backward looking attitude to safety that continues to cost lives. Professor Geraint Price, head of ship science at the University of Southampton, told the Second Wakeford MaritimeLloyd's List - 402 words
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326 1991-03-05 27 CANADA has attracted one of the main international tanker companies Teekay Shipping Group to set up an operational base in the country, within days of announcing more liberal tax laws. Teekay will begin the process by transferring to Vancouver group activities currently conducted326 words
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312 1991-03-05 27 MBT JAPAN AIRLINES (JAL), which enjoyed almost full load factor for the Kuala Lumpur-Tokyo freighter service, hopes to expand its US service in June or July this year. JAL vice-president and regional manager for Malaysia and Brunei, Mr KenzoMBT - 312 words
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NEWS SUMMARY
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Article44 1991-03-05 27 THE recession in the United States and an unusual burst of frugality among Japanese consumers is finally beginning to hurt Japan's largest car makers, forcing them to cut production and rethink plans for constant expansion in North America Page 244 words
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67 1991-03-05 27 EASTERN Airlines, under a plea-bargaining agreement, has admitted that it conspired to prevent the Federal Aviation Administration from determining if its employees and managers were falsifying maintenance records and will pay US$3.5 million (Ss6 million) in fines. The agreement was made between Andrew Maloney. US67 words
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84 1991-03-05 27 THOUSANDS of Egyptian refugees who fled war-ravaged Iraq and Kuwait are pouring into Jordan's port city of Aqaba. where they squeeze onto a ferry and endure a 40-hour trip home with virtually no food or sleep. Until the Gulf conflict, Aqaba had been a posh84 words
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LOG BOOK
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109 1991-03-05 28 DUBAI's Port Rashid, one of the busiest in the Gulf, expects an upturn in operations after the end of the war, helped by a large cut in insurance rates for vessels. The port's deputy director Ahmed Butti said premiums on Dubai-bound cargo and ship109 words
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Article65 1991-03-05 28 GERMANY is sending its largest and most modern antipollution ship to help clean up huge oil slicks caused during the Gulf war, the German Transport Ministry said Friday. The 2,157-ton Mellum will take about three weeks to reach Bahrain. Germany has already given equipment65 words
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Article24 1991-03-05 28 SOME 200 Albanians have illegally left the country aboard a merchant ship they took over by force, Albanian radio said.24 words
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Article54 1991-03-05 28 BEIJING has dismissed its Communications and Construction Ministers in one of the highest-level moves to clean up government, the Hongkong-based Ta Kung Pao newspaper said. Communications Minister Qian Yongchang, 57, was fired over "economic problems," while Construction Minister Lin Hanxiong was sacked for violating Communist party regulations,54 words
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Article55 1991-03-05 28 A FRIENDSHIP treaty has been established between the Western Australian port city of Fremantle and the French city of Toulon, in the southeastern region of Provence, the state government announced. The formal signing of the accord to encourage commercial, economic and trade links took place in55 words
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Article63 1991-03-05 28 THE DEATH toll in a shipwreck of Somali refugees on Saturday is likely to reach 150, officials at the Kenyan resort of Malindi said on Sunday. Any of those who died were trapped below the decks of the Hama when the boat struck a reef,63 words
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Article48 1991-03-05 28 CONSOLIDATED Freightways said that W Roger Curry has been named president and chief executive officer of Emery Worldwide Airlines Inc, its air freight subsidiary. Arthur C Bass, former chairman and chief executive officer of the air freight division, has left the company. Consolidated said.48 words
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Article, Illustration1010 1991-03-05 28 David Sanger - Toyota, Nissan, Mazda and Honda the once invincible group of Japanese car makers are now feeling the pinch of a downturn in the US economy, reports David Sanger David Sanger NYT THE recession in the United States and an unusual burst of frugality among Japanese consumersNYT - 1,010 words
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Article993 1991-03-05 28 March 5-7: Shipping 2()o<> Towards Improved Shipping Operations Over the Next Decade, organised by Institut Kelautan Malaysia (IKMAL), Hilton Hoi tel. Kuala Lumpur. March 12-17: Aviation/Airport Support *91, Manila. Philippines. March 21-23: Seminar on Commercial Shipping. Letter of CredI it and Cargo Claims of International Trade Specific Issues.993 words
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Article13437 1991-03-05 36 This is a list ot" ships loading Alsia. at Singapore tor ports around the world. It tabulates, by ausl destination, the name of the 20/21 ship, the shipping line involved and the estimated ville dates of arrival and departure Mar from the Port of Singapore. Advanced dates13,437 words
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Article3310 1991-03-05 41 AtK Containerline NV: Belsin Shpg Agencies He I td (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SV Accord Contr l ine (PK/PN). Adkris Business Corporation Philippine: Calsourve Shpg Lrdg Pte Lid (S) Ahrenkiel liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte3,310 words
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Article254 1991-03-05 41 Abacus Couriers Tel: 545-8011. Fax: *****98 Air K\pm« I ravel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation lei: 542-8844 Fax: *****16, *****80 Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster IJnk Supplies Services254 words
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Article1499 1991-03-05 41 Abe* Kxprevi Freight Tel: 542-7171. Fa*: *****84 Actinic Forwarder Td: 225-1833 Fa*: *****42 Activair Singapore Tel: 542-7822 Fa*: *****20. Aerolink Freight International Tel 545-8033 Fa*: *****05 Xerospeed Tel: 542-5911. Fa*: *****18. Air Cargo Novo Express Tel: 542-5454 Fa*: *****06 Air Express International Tel 542-7666 Fa*: *****74. *****50. Air1,499 words
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Article3167 1991-03-05 42 ARGENTINA Rosario: One vessel loading by-products; 2 vessels berthed in ballast awaiting orders; 2 vessels in roads awaiting shippers' orders to berth. ilia C onstitution: No vessels operating; I vessel berthed in ballast awaiting orders. Sun Nicolas: One vessel in port loading steel products; no vessels in roads;3,167 words
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Article571 1991-03-05 42 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLO FOR FURTHER TRADING Bulk carriers Solita: 131.260 dwt and built 1973. sold to London-based Greek interests for about U557.75 million. The Pankar Resolute: 45.206 dwt and built 1970. sold to undiclosed interests for around U552.75 million. Good Strait 23,150 dwt and builtReuter; AFP - 571 words
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Article459 1991-03-05 42 ARRIVALS Op High! I>pe ETA 1 From DEPARTURES Op Flight T>pe LTD 1 lo TODAY JM JI6I7 B747F 0200 1 NRT KM KI697 B747F 0220 1 SEL NCA K/205 B747F 0310 I NRI CLX CV796 B747F 2215 1 LIJX/KUL TODAY SIA SQ802 B747F 0230 2 SYD/AKL KAL459 words
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Article370 1991-03-05 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dey Name of Vessel ETA KI D Ports of Calb Port Agent MARCH 05 05 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 05 06 Sagafjord 1300 1800 Penang-Sin- Thoresen Sl Co Kuantan-Pattaya 07 07 Canberra 0800 2359 Kota Kinabalu- Straits Shipping Sin-P Pangkor 07370 words
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SHIPS IN PORT
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Article663 1991-03-05 43 <es«H Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departue 1 Vessel Voy No Berth Arnvil Departire Vessel Voy No Berth Arnyjl Departwe Keppei Wharves isia F(ocean 1907E CIO Kota Bakti E 886 K31 Mmg Summer 1/91 K32 We 211 K30 Sg Of flower *****3663 words
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Article1196 1991-03-05 43 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Record Boofcrf/Balance Rstts Ship Voy No Etb/Btr Period From To From «chtergracht AGHS 07/0700 2 04/1700 05/0659 05/0900 3 05/0700 05/1159 05/1400 4 05/1200 05/1459 05/1700 Ac* Jade 37A 06/1500 2 04/1700 05/0659 05/0900 4 05/1200 05/1459 05/1700 I Ac*1,196 words
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Article251 1991-03-05 43 iohore Port Berth 1: Tong Hoe Berth 2: Glory Selatan VI Berth 3: ml Berth 4: An Angel Liberty Berth 5: Capetan p Berth 6: Eagle Breeze 0) jetty: Queen Chie. Hai Heng 88 DC* ml Due on March 4: Bunga Cenderawasih. Global Mars. Asif 11. Kiccho251 words
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Article1032 1991-03-05 43 CHARTFRING on the drv cargo freight market on Friday ended the week lirm as prompt and forward cargoes continued to command strong rates, brokers said. Talk was circulating that the key US Gulf to Japan grain route had been fixed at firmer levels. Rates in the Pacific also1,032 words
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474 1991-03-05 44 NYT HASTERN Airlines, under a plea-bargaining agreement, has admitted that it eonspired to prevent the Federal Aviation Administration from determining if its employees and managers were falsifying maintenanec records and will pay US$3.5 million (Ss6 million) in lines. The agreement was made between AndrewNYT - 474 words
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258 1991-03-05 44 Lloyd's List SHOWA LINE has bceome the latest major Japanese shipping group to step up its presence in the US. It has created a wholly owned subsidiary company, Showa International of Secaucus, New Jersey, which began operations on March 1. The new companyLloyd's List - 258 words
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Article, Illustration675 1991-03-05 44 UPI THOUSANDS of Egyptian refugees who lied war-rav-aged Iraq and Kuwait are pouring into Jordan's port city of Aqaba, where they squeeze onto a ferry and endure a 40-hour trip home with virtually no food or sleep. Until the Gulf conflict, Aqaba had been aUPI - 675 words
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Page 27 Advertisements
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Advertisement221 1991-03-05 27 BSWtf HONS METAL CO PTE LTD 1X rUA3 AVt 14 SINGAPORE 2263 TELEX H3 2067# VIMCPL TEL: Ml MSS d ur»«i telefax mi 2M« f<M nl o> U *Ct*TH* ro«)u« simurocr. malavma Conv«tor lIIAILANO, INOUNUIt -OMlira mhiirrorj S wni owaoit 1 <^onMn r 9MI» i a I KJ w«f ahouM221 words
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Advertisement52 1991-03-05 27 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Crwse Ferry Schedules 16 Daily Freights 17 lnde« to Advertisers 3 Port Conditions 16 Shipping Agents 15 Stopping Guide 10.11 Shipsales Tanker Rates 16 Ships in Port 17 Singapore Tides 17 Transport Oary 2 Weather and Sea52 words
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Page 28 Advertisements
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Advertisement101 1991-03-05 28 FOR WHO, WHAT, WHERE AND WHEN 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 in101 words
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Page 29 Advertisements
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Advertisement2234 1991-03-05 29 iaroine shipping acencies -'00 Cantonment Road #12 OS Southpoint. Singapore 0208 j mllVVlr ?2iaon telex no rs 241/9 HfUIIVI terminal, cfs th *****18 220 rDOwfl'l BOOKINGS Tel *****34 258 LWV A PESAKA jaroine shipping AGENCIES SON BHD fORT TEI *****18 TELEX MA***** MA39/01 PENANG TEL *****4 TELEX NO MA***** CFS2,234 words
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Advertisement952 1991-03-05 29 INDEX TOMWRTBERS Pa K e Col (hI j A| M i- Mac-Nels Agencies 14 1/2 i 8. Macolinc 18 2/3 Accord Group 8 1-3 Albatros Sea-Air 14 3 kL,ne A p L 5 3-5 .MBC 14 -3 APC Line 13 4 M sia Shpg Corp 9 1/2 Arrow Lines f952 words
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Advertisement2648 1991-03-05 29 ■amwi NEXT SHIPMENT TO WAYPORT MARCHEN MAERSK V. 9104 eta 12/8/91 Vessel Voy ETA I ETD "Port "Penang DESTINATIONS Singapore Keiang Tttas Marcher! Mjrv 9104 r eeoi" by V 3 uaoo hrs Farco HH HHI crs 4 3 2159 H«S M tauro OAK LGB HOU MEM ATL MIA CHS BAL2,648 words
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Page 30 Advertisements
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Advertisement1414 1991-03-05 30 I HOT TE DAM I VOY NO S PORt SOUTHAMPTON HAMBURG ANTWERP L£ HAVRE 'SAKA tIAY 98 .522 13 JO J 24/3 19/3 luljij CITY OF EDINBURGH 94/524 4/3 21/3 2V3 22/3 HONGKONG EXPRESS 99/109 7/3 28/3 26/3 25/3 1. AIIIttSTBOUNOP KAGA 17/309 10/3 27/3 29/3 1/4 2/4 KELANG ft1,414 words
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Advertisement510 1991-03-05 30 SIN NOU SUV PPT SKASPM' I M-2S/3 11/1 11/1 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PACO PAGO. APIA NUKUALOAfA DIRECT CHILE SERVICE SIN lOQ ANF VAP CAt LAO SAN (PERU) ANTONIO SEASPAC I 26-29/3 2/5 3/5 7/5 6/5 8/5 SINGAPORE: SMM9B I VI'KSAKA JAKDINK M'SIA BOOKINGS; SVMT7OO PORT KKI.ANG:510 words
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Advertisement1474 1991-03-05 30 BImiMEA &WBB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) JAPAN SEA 052W 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 05/04 06/04 07/04 08/04 09/041,474 words
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Page 31 Advertisements
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Advertisement1984 1991-03-05 31 Maritime Holdings Ltd W y P&O flflV STRAITS SHIPPING Containers Ej2£Zr~ZXL fay No P Hlang S'pwe Alg Sou Art Rot Mb# LICA MALRSH 9104 r«x „H«2 iJJOJ 2101 2! 01 2101 10 04 ACCEPTS DUE SAILS TOKYO tJAY r*iJ Blf ft Oi Ui irtOJ 2603 28 01 »ul CARGO LARS1,984 words
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Advertisement1920 1991-03-05 31 TO: U S A /PANAMA FM- U S A /PANAMA i, °s i s z s sr s s: sr. ;s 3 t. CHOtANC VICIORf IF 110 10,4 UJ /lf4 ?//4 W »4 HA»OU»G SIAI »A> 1» Wl W Jj Jjg W asa?«r.,vB! a a r, ,s s BSK.VU ss1,920 words
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Advertisement380 1991-03-05 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION COSMIC COSMIC COSMIC TRADER CHALLENGER TRAOER PIONEER (2nd Call) VOY NO 15 5 16 16 Spore 7/3 S3 17/3 20/) P Kelang 5/3 IS/J 22/3 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Kobe 16/3 NOTE ALSO CALLINC380 words
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Page 32 Advertisements
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Advertisement771 1991-03-05 32 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIjVOY SPORE ROAM ADAM H BURG BREMEN ANTWERP TRIAS UNITY OOWB 13/3 13/4 18,4 ?I'4 SRIWIJAYA 31WB a/3 6/5 12/5 16,5 20/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subfect lo Inducement Also accepting cargo to Casablanca, Port Said. Port Alexandria, Genoa. Trieste771 words
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Advertisement829 1991-03-05 32 iCI HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S pore LEH RTM ANR HAM BRV FEL HANJIN SEATTLE 01/E 7/3 H TONGMAE (Mil 14 4 4 HANJIN OAKLAND 012W 12 1 29 3 »3 31 31 3 2 4 !4 HANJIN TONCHAE 081E 11.3 DIRECT 14 44 HANJIN829 words
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Advertisement118 1991-03-05 32 POL (M) SDN BHD 35, Ist fir., Jalan Cungah Port Kalang Tal: *****98. *****70 W Malay»la<S pora to E Malaysia Sar»ice Pen Pkt| PC S po'« Sd» Tnu I Oatu Pxtfn Samudrj vm mPt 57 14 1( 3 H2O 3 Ch«unj Ming Vrtl In Pt i-t(l 810 3 Sabana Saty118 words
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Advertisement1300 1991-03-05 32 tfffl =i'J d I d -THIEP"^ IPKL SCP MKG KSC KLC PUS HKT OSK NCT S«IU TYO LAX CHS BAL NYC LMV AN* ROM TMP MSG PSD CMB PKL SCP I E GRACE RE 031 IJ/3 14/3 l»/3 20 3 22 3 253 2/ 3 29 3 30(3 31,3 1/41,300 words
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Page 33 Advertisements
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Advertisement1944 1991-03-05 33 •PTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: ■jT UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST INDIA PAK SERVICE— *****18 FAR EAST SERVICE— *****48'. TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44 *****14 &wfß* CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.L P (O3) E 26l4O3^ H p1,944 words
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Advertisement1087 1991-03-05 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VO»A« S"0»; V*>» LA "'QNC VOYAGE SPORE PKLANG MBURC 8 HAVEN TILBUWY1,087 words
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Page 34 Advertisements
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Advertisement1624 1991-03-05 34 K* 4 -w" jr~" «P VP AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 M M MALAYSIA »K" LINE MARITIME (MALAYSIA) SON BHD I JKL Mi A TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 HfIHIH KAWASAKI KISEN KAISHA, LTD. INDONESIA1,624 words
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Advertisement824 1991-03-05 34 xjm PHIII-OMCNT UN€5 PTC LTD \lOB ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76 *****38 BY AIR, LAND OR SEA \Jhsajgr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 11 mar MONTREAL, Ottawa, toronto, VANCOUVER, s'western ontario.824 words
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Advertisement429 1991-03-05 34 GOLDEN LINE A lyT>sl GUAN GUAN SHIPPING (PTE) LTD 23, Telofc Aver Street SINGAPORE 0104 TEL *****88 (10 LINES) Fix: *****04 (CR No **********0W) TKATr«/FER»IAW CULT MEKVICE S'pore P Kelang Penang GOLDEN WONDER Colombo Karadk Dubai 12/14 Mar GOLDEN BEAR Colombo Hafad\i Dubai 28 30 Mar CHINA HKVICT A VSL429 words
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Page 35 Advertisements
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Advertisement1611 1991-03-05 35 gaagPff PACIFIC INTERNATIONAL LINES (PTE) LTD gg gg PIL Building, 140 Cecil Street *03-00, Singapore 0106. I JAKARTA l I BANGKOK 1 is s e i; KOTA PAN JANG 9108 11/3 13/3 17/3 JJ*J ""J J]®? 7 EDEN 9110 '2'3 '«'3 19/3 9107 8 3 3 *3 MAJAPAHIT 9104 16/31,611 words
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Advertisement1284 1991-03-05 35 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICEi TOI UK^MTIWgjT~ VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN NL Houtman- 046 5/3 28/3 NL Dpima 058 30/3 31/3 2/41,284 words
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Advertisement359 1991-03-05 35 MYANMA P& FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg HPA-AN Vl6o# In Pt MYOMATWA VI33W In Pt ME R G'JI VlO4 5,7 Mar Sid THE BANK UNE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO359 words
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Page 38 Advertisements
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Advertisement448 1991-03-05 38 CKYSI.iI I'RFNIM St RVh > S fit UP TEL 224/588/*****22 UUR CONSOLIDATION SERVICES 10: EUROPE j j 10 3 19 3 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG WINCHESTER IE HARVE AND Alt EUROPE INI AND DESTINATIONS FAR EAST t PhNANI. i A VM i H>'«.3 BANGK >K -i OJ HONG448 words
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Advertisement1107 1991-03-05 38 I FXPORFS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE IHOJNO VO* PKL PNG 7KT~ SIN HKcf KAO KEE TYO SHI KOB~ VESSEL VOY TSTN IPKL PNC BIW SIN ACX ROSE ID >'3 'Hi ill IS/3 193 203 21,'J ACX JADt 37A 6,3 1(1 S|3 »3 lWi x1,107 words
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Advertisement239 1991-03-05 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 83 91 93 91 PK BALAM NAGA JAYA DOCK LAMPUNG JAYA In Pi 63 91 PANJANG PALEMBANG PINANG JAYA 63 91 10 391 PANJANG PERITA JAYA In Port ***** PANJANG PALEMBANG ABADI239 words
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Advertisement1542 1991-03-05 38 ffe ta 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE SINGAPORE S GENERAL AGENTS COSTAR SHIPPING PTE LTD TEL: *****00 (SINGAPORE) INDONESIA'S AGENTS P T GLOBAL PUTRA INDONESIA MARITIME TEL 380/882 (JAKARTA) MALAYSIA'S AGENTS CHUNG CHIAO SHIPPING SON BHD TEL: *****91 (KL) *****1 (PENANG) GUAN GUAN SHIPPING SDN BHD1,542 words
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Page 39 Advertisements
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Advertisement912 1991-03-05 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 TO ALL OUR VALUED CUSTOMERS, 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 McCALLUM STREET #06-03 NATWEST CENTRE SINGAPORE 0106 TEL: *****22/*****89 Port912 words
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Advertisement307 1991-03-05 39 £5 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) IfC ETHIOPIAN SHIPPING LINES w (National Lines of Ethiopia) ~ACCE~PfiNG"FCL AND CONVENTIONAL •VESS£L IVOV ETA lOAOING FOR SPORE fABBAY WONZ 28WB 10'04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA 'NETSANET 21WB ft'os DARESSALAAM307 words
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Advertisement847 1991-03-05 39 W.P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ847 words
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Advertisement448 1991-03-05 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S PORE SYO MEL VESSEL VOY SINGAPORE BANGKOK PIYA BHUM 0302S IS-11/3 26 30/3 01 03/4 WAN* BHUM#* 04N In Pt 5,3 Sjt 9/3 PLANET A 0447S M-<P/4 >4-16/4 16-20/4 SIRI BHUM# 475N Wed 6/3 Sat 9/3 [PIYA BHUM *****S |~-4->»4 77 29/4 01-03,5 JENLINK 45N448 words
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Advertisement493 1991-03-05 39 TO AUSTRALIA/NEW ZEALAND ["vSI Isin If ram |M»lb |Srd lAuct NPE |P CHALM antwerpen *7 im Si TH m uji uS Irii TNT EXPRESS 3W 22 4 «4 W il 14/S TCS I*s ellei huoic m n its z» Ss i* m BRUSSEL 271 111 ft 10* 1W IT* M493 words
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Page 40 Advertisements
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Advertisement1172 1991-03-05 40 a NIAC-NELS SINGAPORE,! export tel *****22 11 import tel *****02 PHyflkJH PENANG TEL (04) *****6 KK TEL (088) *****0 FAWAU TEL (089) 7/86/9 I yrv 1 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I-IW J BAHRU TEL (07) *****2 SIBU TEL (084 *****2 SARIKEI1,172 words
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Advertisement401 1991-03-05 40 ffgfc blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKKISKI) MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI. FOK AUCKLAND, NAPIER, WELLINGTON, BLUFF, CIIRISTCHURCH, DUNEDIN, LYTTKLTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LYT PROSPECT US Mar 18 Mar Via NPI 20 Mar401 words
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Advertisement795 1991-03-05 40 yST| THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vor ETA [best jttSSEL I m ETA I BEST KIM SOON LI 8/91E 08795 words
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Advertisement339 1991-03-05 40 /^fNORBULKV NORBULK CARGO SERVICES LTD. V REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES SP PK LOAOINC FOR I VARTSEVO NB 126 In Pt ROT/ANT/UK I MULPHA SUBANC NB 127 10/3 15/3 ROT/ANT/UK I NORBULK NB 128 28/3 30/3 NTS/RCMH/AMT/UK J ISWK/SABAH LOADING FOR I NBT 35 1/3 KANDLA,KARACHI I ISP339 words
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Page 41 Advertisements
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Advertisement31 1991-03-05 41 LJLJJ JL|A tj SINGAPORE to MALDIVES f§ f nlff Hi SINGAPORE to HUNGARY SINGAPORE to SPAIN MM M\WM MMM SINGAPORE to SRI LANKA COMMENCED IST DECEMBER For enquiries CALL 322 750531 words
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Advertisement6 1991-03-05 42 Read Chartpoint in BT every Saturday6 words
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Page 43 Miscellaneous
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Miscellaneous458 1991-03-05 43 TIDES AND WEATHER TODAY'S TIDES (ha»t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 (WOO 1000 1100 *****300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 24 27 28 27 22 16 11 07 04 04 07 12 19 24 26 26 23458 words
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Page 44 Advertisements
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Advertisement407 1991-03-05 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. samudra agung POH AIK 184 6/3 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) 5 vessels (weekly) to PERAWANG/PEKAN BARU DUMAI 3 vessels (weekly) to BATAM 8. SUMATRA PORTS Also407 words
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Advertisement736 1991-03-05 44 AHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA L WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY IBM OAK SEA HKG SIN HYUNDAI INNOVATOR 39E W 14/3 1/4 ii/ 4 7/4 M CGM PASCAL 01W %2 t,2 10 2 212 9/3 HYUNDAI EXPLORER736 words
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Advertisement670 1991-03-05 44 CHARTPOINT Every Saturday in Business Times Voy PNG I p«t lltorw- Vnw voy SIN LAX OAK HOU DAI CHI I NOR HE* NYC Aim lir A a*** COL OUH USA AM BHUH V4UN »3 ALLIGATOR FORTUNE MUM 11 330 3 1 4 2 1 2 4 3 4 3 4670 words
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