The Business Times, 12 March 1991
1991-03-12
1
48
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The Business Times
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Title Section10 1991-03-12 1 Business Times MCI (P) 16/12/90 Tuesday, March 12, 1991 75*10 words
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NEWS SUMMARY
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66 1991-03-12 1 TAIWAN sought US support yesterday tor its bid to join the General Agreement on Tariffs and Trade. Officials in Taipei said the request came as the two sides opened four days of talks on issues such as tariff cuts, protection for66 words
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Article23 1991-03-12 1 A MINISTRY of Foreign Affairs director. Chew Tai Soo, will be Singapore's next ambassador to the UN. Page 223 words
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Article25 1991-03-12 1 THE NATIONAL University of Singapore's Faculty ot Arts and Social Sciences will be offering four new subjects from Julv Page 225 words
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Article37 1991-03-12 1 MALAYSIA is planning a worldwide publicity blitz, especially in the US, to counter claims by the American Soya Bean Association that palm oil contains saturated fats that could lead to heart disease Page 937 words
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Article34 1991-03-12 1 AUSTRALIAN Prime Minister Bob Hawke is presenting to Parliament a package ot reforms slashing industry protection, providing new business incentives and, very likely, alienating much of his party's traditional support Page 934 words
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Article35 1991-03-12 1 A CONFIDENTIAL report by the Soviet state planning agency Gosplan predicts the country is heading into a political and economic abyss recalling the famine and repression of the Stalin era Page 1135 words
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Article26 1991-03-12 1 MEXICO may be an untapped gold mine but its government does not seem fully equipped to exploit its vast economic potential Page 1526 words
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Article28 1991-03-12 1 AUTHOR Bret Easton Ellis seems dismayed that his novel, American Psycho, has sparked the biggest literary brouhaha since Salman Rushdie's Satanic Verses Page 1928 words
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Article24 1991-03-12 1 THE SINGAPORE Maritime Officers' Union is launching an intensive effort to enhance job opportunities for its members. Shipping Times Page 124 words
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MARKETS SUMMARY
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Article42 1991-03-12 1 TRADING on the New York Stoek Exchange opened slightly lower yesterday, with the Dow Jones index of 30 leading industrials dropping 1.74 points to 2,953.46 in the first five minutes. Last Friday, the index closed at 2,955.20, down 8.17 points.42 words
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Article37 1991-03-12 1 LONDON shares were higher at midday yesterday as speculation about chances for lower interest rates attracted buyers. At about 1215 GMT. the Footsie 100-Share Index was up 12.1 points, or 0.5 per cent, at 2,467.1.37 words
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Article39 1991-03-12 1 OEI HONG LEONG has allowed his options in Honshu Paper to lapse at the end ot last month, thus giving up his attempt to become the major shareholder in the Japanese paper manufacturer. Page 339 words
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Article25 1991-03-12 1 CYCLE AND Carriage has bought assets of two more Mazda retail outlets for NZSI.B4 million in Auckland. New Zealand Page 325 words
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Article, Illustration30 1991-03-12 1 Monday Change BT-MGA 737.02 -7.54 Kuala Lumpur 605.85 Hongkong 3,669.03 t!ff< Tokyo 26,669.37 +61.85 Sydney 1,424.2 8 6 Friday C hange New York 2,955.20 -8.17 London 2,455.0 17.330 words
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Article20 1991-03-12 1 Exchange rates USS SS 1.7520 100 Yen SS1.2700 MS SS0.6396 Money market rates Overnight 1/2% -1-1/2 3-month 4-5/8 unch20 words
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Article38 1991-03-12 1 London Gold AM fix USS369.25 -USSl.75 Rubber Spore Apr 147.25«/kg +1.00 M'sia Apr 228 00«/kg +0.50 KL Tin Turnover 55 tonnes 18 Spot MS 14.89/kg -2 Crude palm oil Turnover 658 lots +197 Mar MS864 /tonne -138 words
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Article29 1991-03-12 1 SINGAPORE'S interest rates, which have fallen by about two percentage points since they hit their peak last November. are expected to bottom out Page 1229 words
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385 1991-03-12 1 Magdalene Ng - Group needs to cut overall debt of 51.05b By Magdalene Ng UNITED Industrial Corp (UIC) is expected to announce today a one-for-four rights issue to raise $269 million as part of its plans to reduce its massive group debt of about $1.05385 words
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Article588 1991-03-12 1 Dexter Lee - Group makes 118.2 m after tax despite uncertainty By Dexter Lee DIVERSIFIED Keppel Corp has surged against the tide ot uncertainty left by the Gull crisis in the second half of last year to chalk up record profits and turnover for 1990. In a statement588 words
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Article, Illustration250 1991-03-12 1 Amy Balan - By Amy Balan PORTO CARRAS. the northern Greece resort complex in which Marina Village developer Mr Elyamani Khamis claims to have a major stake, has officially denied any association with the Moroccan businessman. In reply to queries from Business Times. Porto Carras250 words
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608 1991-03-12 1 Kenneth James - Yesterday in Parliament By Kenneth James IF PARLIAMENT'S opening debate yesterday on the 1991 Budget Statement, with 17 MPs taking the floor, could be compared to heavy-vol-ume trading on the local bourse, then easily the most traded counter was Rising Business Costs. In a608 words
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Page 1 Advertisements
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Advertisement155 1991-03-12 1 Nikon The World's Finest Photographic System. Aircraft Schedule 29 Money Changer Rates 29 Reamer 29 Commodities 28 Money Market 27 World News 11 Cryptic Crossword 29 Regional Co News 4 Mbd 14 Regional News 9 For market indices, editorial. Financial 7 Regional Stock Markets 26 advertising and circulation ex Futures155 words
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Advertisement73 1991-03-12 1 Nikon The World's Finest Photographic System. No justification in gripes about CPF rise, says Boon Heng, Pg 2 Tackle problems of high labour demand, Pg 2 Corporate feedback on Budget, Pg 2 Cartier ky mu/t' de artier Boutique/ SINGAPORE #01 36. Lucky Plaza, 304 Orchard Road Tel: *****27 #01 04.73 words
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HOME NEWS
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Article, Illustration508 1991-03-12 2 Anna Teo - Yesterday In Parliament By Anna Teo EMPLOYERS should stop griping about the one-point rise in their Central Provident Fund contributions as the criticism is not justified, said labour MP Lim Boon Heng in Parliament yesterday. Workers' distrust of employers will508 words
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Article195 1991-03-12 2 EXCEPT for the finance industry, most business, trade and industry representatives who attended a Feedback Unit dialogue on the Budget last week were generally disappointed with the Finance Minister's latest provisions, or unhappy with current foreign labour policy. Tanglin MP Lew Syn Pau, who chaired the195 words
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PARLIAMENT BRIEFS
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Article67 1991-03-12 2 ASKED IF the government intends to mount another exercise to convert all civil servants on the pension scheme to the Central Provident Fund system, and if officers on the pension scheme will retain their right of option during the exercise. Finance Minister Dr Richard Hu's reply67 words
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Article86 1991-03-12 2 THE MINISTRY of Health is in favour of requiring all medical practitioners to display their basic rates of charges and is studying how this can be incorporated into the proposed amendments to the Medical Registration Act, said Health Minister Yeo Cheow Tong. Meanwhile, the ministry has asked86 words
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Article109 1991-03-12 2 THE cost of keeping a 30-man Singapore Armed Forces medical team in Saudi Arabia is estimated at $630,000 so far, said the Second Minister for Defence Dr Yeo Ning Hong. The final cost of the entire mission will only be known after the team returns109 words
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Article70 1991-03-12 2 APART from business concerns, several of the 17 MPs who spoke yesterday asked for higher personal tax reliefs. Instead of small, one-off rebates, there should be reliefs of a "more permanent" nature. The scheme of child reliefs, for example, should be simplified to $1,500 for every dependent70 words
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Article64 1991-03-12 2 TWO BILLS, both essentially updating in function, were tabled yesterday. In line with the status of other statutory boards, the National Productivity Board (Amendment) Bill seeks to give NPB the flexibility to corporatise or go into joint ventures and so on as and when necessary. The Skills64 words
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Article, Illustration281 1991-03-12 2 Kenneth James - By Kenneth James BRINGING to bear his experience as a businessman and corporate manager, nominated MP Leong Chee Whye urged that greater attention be paid to problems arising from the high demand for labour. He also argued for a more complete treatment of incentives for local281 words
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Article, Illustration340 1991-03-12 2 Anna Teo - By Anna Teo A MINISTRY of Foreign Affairs director. Chew Tai Soo, will be Singapore's next Ambassador to the United Nations, replacing Professor Chan Heng Chee, who has just returned home. Reshuffles and new appointments involving a few other diplomatic missions are340 words
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217 1991-03-12 2 THE National University of Singapore's Faculty of Arts and Social Sciences will offer four new subjects from July. The four courses, offered up to honours level, are European Studies. Linguistics, Mass Communications and Southeast Asian Studies. The Mass Communications syllabus217 words
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Article154 1991-03-12 2 SINGAPORE has clinched the top two prizes in an essay competition organised by the Asian Productivity Organisation (APO) on the theme of small industry. The National Productivity Board won the first prize of US$3,OOO (555.100) in the APO Oshikawa Essay Contest 1990 with its piece154 words
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Page 2 Advertisements
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Advertisement87 1991-03-12 2 "I was in and out in 1 hour and 12 minutes flat... With the new Business Lunch menu at the legendary Maxim's de Paris, you'll enjoy a truly exquisite lunch in a shade over an hour. A full 3 course meal with a choice of appetizer, main course, dessert, coffee87 words
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Advertisement394 1991-03-12 2 PROFESSOR W WAYNE TALARZYK Professor of Marketing College of Business The Ohio State University on A seminar on how new technologies can and will eventually revolutionize the ways in which consumers receive and process information and execute transactions. Monday, April 1,1991,9 am spm Pine Room, Level 3, Alison Hotel organised394 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration449 1991-03-12 3 Koichi Ishiyama - Japanese ministry told of his decision not to exercise options From Koichi Ishiyama in TOKYO BUSINESSMAN Oei Hong l.eong has failed to exercise his options in Honshu Paper, thus giving up his attempt to become the major shareholder in the Japanese449 words
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360 1991-03-12 3 S N Vasuki - By S N Vasuki SINGAPORE'S Shangri-La Hotel has announced plans to acquire a minority stake in a 588-room hotel project being developed in Shenzen, China. This was disclosed by the company in a statement to the SES last Friday and signalled another move360 words
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336 1991-03-12 3 Lee Han Shih - L M group moves closer to floating subsidiary on KLSE By Lee Han Shih A REORGANISATION of the L M group suggests that the specialised contractor could be one step closer to floating off a subsidiary on the Kuala Lumpur Stock Exchange. Yesterday, L&M said a new company called L&M336 words
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Article667 1991-03-12 3 William Chia - MARKET TALK Bv William Chia RJ REYNOLDS Bhd, formerly Juara Perkasa Bhd, left investors breathless when its share price hit a high of M 55.15 (a M 52.85 premium over its offer price of M 52.30) after its listing earlier this month. Notwithstanding the market's667 words
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348 1991-03-12 3 Bernama MEGA FIRST Corporation Bhd (formerly Everpeace Corporation), is forecasting group pre-tax profits of M 537.9 million (5524.2 million) and M 543.4 million for the years ending June 30, 1991 and 1992, respectively following the completion of its proposed acquisition of MamutBernama - 348 words
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263 1991-03-12 3 Salil Tripathi - Cycle Carriage buys two more NZ outlets By Salil Tripathi CYCLE and Carriage Limited, the franchisee for Mercedes Benz, Mazda and Mitsubishi here, announced yesterday that its New Zealand subsidiary Sri Temasek Ltd has acquired the assets of two more Mazda retail outlets for NZ$l.B4 million (551.89 million) in Auckland,263 words
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COMPANY BRIEFS
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Article43 1991-03-12 3 DBS SECURITIES Holding Pte Ltd, the holding company for the DBS Bank group's stockbroking arm, has increased its paid-up capital from 536.3 million to $37.25 million with the issue of an additional 950,000 ordinary' shares of Si each.43 words
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Article60 1991-03-12 3 EU YAN SANG Holdings Ltd has incorporated a whollyowned subsidiary known as Cesfield Holding Pte Ltd with an authorised capital of $25,000 of 25,000 shares of $1 each. Cesfield, which has a paid up capital of $2, will be involved in property investment. Its First60 words
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Article63 1991-03-12 3 PRUDENTIAL Asset Management Asia has sold more than 870.000 The Hour Glass shares or nearly 1.5 per cent of the listed watch and clock dealer's issued capital of 60 million 25-cent shares. The sale, which netted Prudential just over $873,000. reduced the asset management firm's63 words
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Article50 1991-03-12 3 RENONG Bhd has received conditional approval from the Foreign Investment Committee for the acquisition of a 30.5 per cent stake in United Engineers, a 43 per cent interest in Sistem Televisyen Malaysia Bhd, and the sale of a 50 per cent interest in Projek Lebuhraya Utara-Selatan Bhd.50 words
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Article25 1991-03-12 3 THE unaudited net tangible asset per share of the Asean Fund Ltd was USS 13.08 (5522.75) as at March 7.25 words
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Article20 1991-03-12 3 MR WONG PENG KOON has been appointed a director of Jacks International Ltd from yesterday.20 words
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80 1991-03-12 3 INTER-PACIFIC Industrial Group Bhd has disposed of its entire 16.6 per cent stake of 5.43 million shares in Nam Fatt Bhd at between M 53.90 (552.45) and M 54.28 a share or a total of M 521.3 million. As a result, Inter-Pac recorded an80 words
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Page 3 Advertisements
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Advertisement154 1991-03-12 3 I'll call you again tomorrow 1 rom the hotel. A k ANA HOTEL SINGAPORE t 1. I I 1t..,, K, I I DELIGHT CATERING SERVICES CATERING WITH A DIFFERENCE j vH I I I v H Impress your guests with our Spit Roast Airflown Australian Whole Baby Lamb for $350.00154 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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58 1991-03-12 4 TRADING IN shares of locally listed property investment and development company Kumagai Gumi (Hongkong) was suspended at the company's request from the start of business yesterday, the Hongkong stock exchange said. Trading would remain suspended pending a further announcement. The company's share ended 2.558 words
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Article79 1991-03-12 4 THE PETROLEUM Authority of Thailand (PTT) has reached an out-of-court settlement worth millions of baht with Unocal which was alleged to have supplied the state agency with contaminated natural gas. The Bangkok Post reported that Unocal has agreed to pay the PTT 100 million79 words
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Article75 1991-03-12 4 MITSUBISHI CORP, through Thai distributor Kang Yong Watana, is expanding Thailand's role in exporting electrical goods to Indochina. It plans to introduce exports to Burma this year, the Bangkok Post reported. Company managing director Yukio Katono said the plan to expand into Indochina followed many75 words
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Article69 1991-03-12 4 LEND LEASE Corp of Australia said profits from its property services division, which provides half of group profits, could fall if market conditions tighten. But it said group profits were expected to increase in the year ending June 30, 1991. Lend Lease said it had69 words
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Article527 1991-03-12 4 HWA KAY THAI (Thailand) is forming a consortium which plans to bid for the 10 billion baht (about HK$3 billion) Bangkok Metropolitan Authority (BMA) light railway project in Thailand. The South China Morning Post said on Sunday that the company is a wholly-owned527 words
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Article, Illustration412 1991-03-12 4 Reuter HONGKONG'S stock market is due for consolidation after eight straight weeks of gains but analysts say institutional players are not yet ready to quit. Wall Street's strong showing and a slew of company results in line with expectations saw the blue-chip Hang SengReuter - 412 words
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355 1991-03-12 4 HONGKONG and Shanghai Hotels has gained Govern> mcnt approval for the devek opmcnt of a serviced apartment and office com* plex in Ho Chi Minh City* Vietnam, as the hotel groupstrives to shake off its image as the sleeping blue355 words
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363 1991-03-12 4 Reuter THE state-owned Philippine National Oil Co is mapping out a plan to set up a petrochemical industry in the country with foreign participation costing up to US$l billion (S$ 1.74 billion). PNOC president Manuel Estrclla said on Saturday eveningReuter - 363 words
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220 1991-03-12 4 Reuter NORSK Hydro A/S, Norway's biggest diversified company, is interested in buying the 50 per cent state-owned Philippine Phosphate Fertilizer Corp (Philphos). but formal talks will only begin when Philphos signs a debtrestructuring accord with its foreign creditors. This was disclosed by PhilippineReuter - 220 words
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Page 4 Advertisements
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Advertisement501 1991-03-12 4 I a I I Keppel Corporation Limited I (Incorporated in the Republic of Singapore) I AUDITED RESULTS FOR THE YEAR I I ENDED 31 DECEMBER 1990 I The Directors of Keppel Corporation Limited advise the following audited results of the H H Company and of the Group for the year501 words
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Advertisement71 1991-03-12 4 FOR SALE PRIME FREEHOLD FACTORYAVAREHOUSE 100E PASIR PANJANG ROAD I it w k N* NntVf i 7 c~ \«JI wmictrtu Strategically Unrated Site/Building Details within "Singapore Part 3/Part 4 storey Distribclt building with 8 Freehold 1 itle. To be individual Strata Titles sold with vacant possession 1 and Area: *****71 words
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Page 5 Advertisements
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Advertisement187 1991-03-12 5 There's nothing worse than starting the day with a is, we don't as yet. have any rooms. (Or suites.) Lnless, of course, it s our impeccable roomserxice. tepid cup of tea, cardboard croissants or rubber eggs. What's more, being perfectionists, were not going to Which is why, at The Puteri187 words
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INTERNATIONAL COMPANY NEWS
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COMPANY BRIEFS
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72 1991-03-12 6 IBM JAPAN Ltd, a wholly-owned unit of International Business Machines Corp, said 11 Japanese computer makers were interested in joining a group to support IBM standards for personal computers (PCs). The companies would get access to technical information, which IBM hopes would spur72 words
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Article82 1991-03-12 6 MAZDA Motor Corp will buy one billion yen (Ssl2 million) a year worth of hydraulic lash adjustors (HLA) from Germany's INA Walzlagcr Schaertler KG, a spokesman said. The HLA eliminates the need for periodic engine valve clearance adjustments and was jointly developed by Mazda and82 words
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Article94 1991-03-12 6 TRADING house Sumitomo Corp said it formed a whollyowned Tokyo unit to sell in Japan products made by Texas Instruments Inc (TI) and National Semiconductor Corp (NSC) of the US. Sumisho Electronic Devices Corp, capitalised at 480 million yen (Ss6 million), is selling semiconductors94 words
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64 1991-03-12 6 McDonnell Douglas Corp's McDonnell Douglas Space Systems Co subsidiary said it launched a second commercial satellite on Friday for the Inmarsat organisation onboard a Delta 6925 expendable launch vehicle. Designed and built by British Aerospace pic, the Inmarsat-2(F2) satellite will provide the next decade's telephone, fax64 words
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Article119 1991-03-12 6 JAPANESE zipper and fastener manufacturer Yoshida Kogyo plans to invest more than US$7 million (S$ 12.2 million) on new subsidiaries in Turkey and Chile, a company spokesman said yesterday. The spokesman said a new company capitalised at US$6.5 million would be set up119 words
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Article76 1991-03-12 6 FINANCIAL services company MAI pic said it is exercising an option to sell 771,480 shares in French media company Avenir Havas Media to Agence Havas at 270 francs per share. A MAI statement with its six months results said the >alc would raise £21 million76 words
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491 1991-03-12 6 Reuter SOUTH KOREA has changed the rules to make it easier for companies to issue equity-related securities overseas. The Securities Supervisory Board in Seoul said at the weekend that "the new rules aim to provide domestic companies with better opportunities to raiseReuter - 491 words
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221 1991-03-12 6 Reuter BRITISH conglomerate BTR pic is expected to break a 22-year-old record of earnings growth on Wednesday and announce a profit fall for 1990. Analysts say the results will show the company has been hard hit by recession in its mainReuter - 221 words
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Article261 1991-03-12 6 Reuter BRITISH publisher Robert Maxwell returned from the US to London on Sunday after negotiating a possible salvage of the strike-plagued New York Daily News, in what union leaders referred to as an atmosphere of renewed optimism. The publisher has imposed a deadline of 10amReuter - 261 words
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536 1991-03-12 6 NYT TRYING to put pressure on the directors of NCR Corp to negotiate a friendly merger, American Telephone and Telegraph Co said on Sunday that it was willing to raise its offer to US$lOO (S$ 170) a share, if NCR wouldNYT - 536 words
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Article227 1991-03-12 6 Reuter SQUARE D Co said its board unanimously rcjccted the unsolicited tender offer of Schneider SA. Last week Square D advised shareholders not to tender their shares to Paris-based Schneider, which launched a US$7B (S$ 136) per share tender for Square D on March 4,Reuter - 227 words
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Page 6 Advertisements
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Advertisement129 1991-03-12 6 ——7- —7 1 Standard Poor's Information Group pAMPLETE l/UVERAGE... You can use S&F Com Stock to run a variety of analytical software, access key news such as AP/Dow Jones Financial fetfmS Wire and financial information services. S&P Com Stock can provide you with everything you need to react to the129 words
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Advertisement86 1991-03-12 6 On Sale Now! Business! rtMa'jnJ n hits i frallic j.mi Puma n hii'h .Averts Smart bu\cf s jeuklt u pn>j vrt > Kaf V le.rurr > duller In this issue... Labour Strife How to prevent strikes in your factory Thailand: The road to NIC-dom proves tough Marketing: Using the news86 words
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FINANCIAL NEWS
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363 1991-03-12 7 Chew Eng Han - End of Gulf war, new share issues may cause upward pressure By Chew Eng Han LOCAL interest rates have fallen by about 2 percentage points since their peak last November, but many dealers are now of the view that they have bottomed out. Dealers363 words
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531 1991-03-12 7 CUTS in Hongkong interest rates are expected following the US Federal Reserve Board's reduction in federal funds rates by a quarter of a per cent to 6 per cent, according to the South China Morning Post. Baring Securities director and economist Miron531 words
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323 1991-03-12 7 Diana Oon - By Diana Oon THE TIGHTER monetary policy and high interest rates in Indonesia are leading more Indonesian-based companies to raise loans in Singapore. Yesterday, PT Japfa Comfeed Indonesia, a member of the Indonesian-based Ometraco Group, signed a US$5O million (SsBs million) revolving loan323 words
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SMALL CHANGE
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142 1991-03-12 7 TAIWAN'S savings rate, while still one of the highest in the world, hit a 15-year low last year after it fell below 30 per cent of its gross national product. The public and private savings rate in 1990 accounted only for 29.65 per cent142 words
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Article111 1991-03-12 7 PRESIDENT SUHARTO'S weekend denial of a rupiah devaluation yesterday helped calm the market which saw an increase in US dollar selling to get hold of scarce rupiah. "We're seeing selling interest in the dollar... Suharto helped a lot (to calm the market)." one state bank dealer111 words
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Article96 1991-03-12 7 A SUBSIDIARY of Japan's Fuji Bank Ltd has extended loans to a real estate company suspected of being affiliated with the country's biggest organised crime syndicate. A bank spokesman yesterday confirmed a report earlier that said Fuji Sogo Leasing Co Ltd had lent funds to the96 words
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Article56 1991-03-12 7 FIRST Pacific Bancshares (FPB) is hoping to improve its corporate image through the consolidation ot its massive number of shares, according to managing director Ricardo Pascua. The company has 26.2 billion shares in issue at U52.9 cents per share. Seen as a penny stock, it56 words
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Page 7 Advertisements
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Advertisement41 1991-03-12 7 FOR SALE TAMAN PERINDUSTRIAN CEMERLANG FREEHOLD DETACHED FACTORIES IN JOHOR BAHRU. Price from M 51,150,000 onwards T Si' 2 jfljfttfi*" T J Singapore Sole Marketing Agent: CSSSSSSSZS^SI *****84 M 11 Collyer Quay. #13 01 The Arcade. |iMUMMAU£4jyA£ Singapore 0104. Fax *****3141 words
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Advertisement82 1991-03-12 7 Qantas offers more flights to Australia than all other airlines put togeth^^^^ If you were to put ALL other airlines together, they would still not have as many flights to Australia as Qantas. And because we have more flights, you have a greater choice. A greater choice of destinations and82 words
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Page 7 Miscellaneous
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Miscellaneous7 1991-03-12 7 DoIlar$ Non$en$e 'SALE /VA 6 UROVJND EIONO^V7 words
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Page 8 Advertisements
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Advertisement55 1991-03-12 8 what they (Thank Heavens) Next Monday March 18th we're introducing a technology breakthrough that will make your frustrating little electronic gadget into the technological wonder you thought you were buying. Call Lisa on 227 7088 for your invitation to the unveiling or for information. BORLAND 92 Tanjong Pagar Road, Singapore55 words
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THE REGION
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401 1991-03-12 9 Studies show palm oil is 'nutritious and good for health AP MALAYSIA is planning a worldwide publicity blitz, especially in the United States, tb counter claims by the American Soya Bean Associaition (ASA) that palm oil contains saturated fats that cpuldAP - 401 words
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Article, Illustration438 1991-03-12 9 AFP AUSTRALIAN Prime Minister Bob Hawke will present tp Parliament today a package of reforms slashing industry protection, providing new business incentives and, very likely, alienating much of his Labor Party's traditional supllort. Its reduced tariffs and new incentives aim to make manufacturingAFP - 438 words
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NOTE BOOK
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77 1991-03-12 9 AUSTRALIAN consumers were much more optimistic about the future of the economy in March than in previous months, the Westpac-Melbourne Institute Index of Consumer Sentiment has shown. The index jumped 10.2 points in March to 77.0 after dropping 4.2 points in February. But Westpac Banking Corp77 words
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Article65 1991-03-12 9 AN EARTHQUAKE has damaged underground workings m the Golden Mile gold mining area in Kalgoorlie, Western \ustralki. police said on Sunday. Mine officials had report- j cd rock falls in several shafts in the mines 600 km east of IVrth, they said. It is believed no65 words
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Article70 1991-03-12 9 MAJOR Japanese timber importers have agreed to cut total imports of timber from Sarawak. Malaysia, by about 15 per ctnt this year from their original target of 6.5-7 million tpbic metres, industry sources said. The agreement followed the International Tropical Timber Organisation's recommendation to70 words
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Article62 1991-03-12 9 T-HH PHILIPPINE military must finish the job of crushing a long-running communist insurgency and eradicating a threat to the government from army rebels. President Corazon Aquino said yesterday. Ihe recent capture ot lettist a fid rightist advocates of terror augurs well for long lasting pcace in62 words
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302 1991-03-12 9 AFP -1-IJI hopes lo find new markets in the I Initcd Slates lor its garment exports as it loses preferential aeeess to Australia, the eommeree ministry said on Sunday. Trade and Commerce Minister llerenado Vunibobo said in a statement that Fiji wouldAFP - 302 words
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212 1991-03-12 9 Reuter FALLING economic growth among New Zealand's trading partners and a stringent domestic fiscal policy will keep the country's economy sluggish for the next two years. The New Zealand Institute for Economic Research said yesterday that "while a move out of the recessionReuter - 212 words
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Page 9 Advertisements
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Advertisement326 1991-03-12 9 HOW TO IMPROVE YOUR COMPANY'S QUALITY FOR AS LITTLE AS $140. Quality it makes all the difference to WORKperfect, like all FAST your company's bottom line. WORKperfect FORWARD courscs, teaches through At only SI 40 per person, WORKperfect is The FAST FORWARD way to 100% Right work. video. That means326 words
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THE GULF AFTER THE WAR
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526 1991-03-12 10 Reuter THE HUNDREDS of wellhead fires started by retreating Iraqi soldiers could permanently damage the huge oil reservoir beneath the sands of the Kuwaiti desert. Some of the 400 fires raging in the Burgan oil fields near Kuwait City are sending great columns ofReuter - 526 words
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294 1991-03-12 10 AFP TIIE ASIAN COUNTRIES hardest hit by the economic fallout of the Gulf war are hoping to recoup their losses by sending more workers than ever before to the Middle Kast. At least half a million South and South-east AsiansAFP - 294 words
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418 1991-03-12 10 AP ONE of the grimmest postwar scenarios in the Gulf is that Iraq, ravaged by war. could become another Lebanon. a cauldron of disorder and a breeding-ground for terrorism. If Iraqi President Saddam Hussein and his Arab Baath Socialist Party is toppled byAP - 418 words
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Page 10 Advertisements
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Advertisement213 1991-03-12 10 CUITr Nowadays, home computers are really cheap. That is, until you start rate computer manufacturer and winner of many distinguished awards putting together the whole package of features above. Then, you'd be in for including the Byte Magazine Award of Distinction for the Power Flex in 1989. a really rude213 words
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Advertisement110 1991-03-12 10 The Big Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Ternne with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce110 words
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THE WORLD
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406 1991-03-12 11 Soviet agency expects GNP to plunge 11.6 pc Reuter A CONFIDENTIAL report by the Soviet state planning agency Gosplan predicts the country is heading into a political and economic abyss recalling the famine and repression of the Stalin era, British Broadcasting Corporation (BBC)Reuter - 406 words
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Article, Illustration257 1991-03-12 11 NYT CHINA has published a 30-year-old speeeh by its patriarch, Deng Xiaoping, in what appeared to be a call for greater attention to the economy and less concern for ideological campaigns. Publication of the speech last Sunday in the People'sNYT - 257 words
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401 1991-03-12 11 Reuter SAUDI ARABIA, riding high after the defeat of Iraq in the Gulf War, is resisting pressure from fellow Opec countries at a meeting starting in Geneva yesterday to cut output drastically to shore up prices. Non-Gulf Opec ministers say a cut isReuter - 401 words
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231 1991-03-12 11 AFP THE FRENCH government slashed its 1991 budget on Sunday, announcing cuts amounting to 10.2 billion francs (553.36 billion). Real savings will be 12.4 billion francs because some cancelled investment programmes would have been spread over several years. Finance and Economy Minister PierreAFP - 231 words
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WORLD WATCH
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78 1991-03-12 11 CZECHOSLOVAK President Vaclav Havel has acknowledged that his country may eventually split into two. and has said a referendum should find out how Slovaks feel about it. "Break-up of the state is an alternative we must seriously think about." he said in his regular78 words
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Article75 1991-03-12 11 NON-OIL trade in the emirate of Dubai rose 22 per cent last year to a record 41 billion dirhams (SS 19.1 billion) in spite of the Gulf crisis. A government report last Sunday showed imports jumped to 31.06 billion dirhams in 1990 from 27.05 billion dirhams75 words
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Article61 1991-03-12 11 BRITISH Prime Minister John Major has said he will not call a general election to coincide with local government elections in May. says a senior Conservative Party politician. Cecil Parkinson, a former Conservative Party chairman, said last Sunday that Mr Major had made this clear61 words
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Article84 1991-03-12 11 MEXICO recorded a US$639 million (SSl.l I billion) overall trade surplus in 1990, but the figure disguises a surge in basic imports that far outpaced the rise in exports. Imports exceeded exports by U552,996 billion last year, not including the earnings of border assembly plants, or maquiladoras,84 words
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Article53 1991-03-12 11 JAPAN has donated 3.5 billion yen (5544.8 million) to Peru as part of its help to Third World countries which undertake steps to stabilise their economies. Japan's ambassador in Lima, Masaki Sco. and Peruvian Prime Minister Carlos Torres last Sunday signed the agreement which formalised53 words
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Article97 1991-03-12 11 GEORGIAN PRESIDENT Zviad Gamsakhurdia last Sunday offered non-ethnic inhabitants of the republic full citizenship and the right to own land if they vote for independence in a poll later this month. Georgia is refusing to hold a referendum this coming Sunday on membership of the union97 words
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Page 11 Advertisements
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Advertisement321 1991-03-12 11 Gone are the days when you had to photocopy every Of course, the L 770 also gives you the kind of image fax message you received. With Canon's new Laser Class 1 v you get only with a Canon. Hie exclusive 1 lyper-Smoothing fX* Plain Paper FAX L 770, duplicating321 words
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SPORTS
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SIDE LINES
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135 1991-03-12 12 PAUL. GASCOIGNE scored with seven minutes remaining to give Tottenham a 2-1 victory on Sunday over Notts County and a semi-final spot in the English Football Association up. Gascoigne scored his 18th goal of the season to cap a Spurs comeback against the135 words
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Article92 1991-03-12 12 A BRAND NEW, but untested, McLaren Honda provided Brazil's Ayrton Senna with his 27th Formula One victory on Sunday as he scored a wire-to-wire win in the Phoenix Grand Prix. "The car is good. The performance speaks for itself. Senna said. Senna, who won his 53rd92 words
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Article55 1991-03-12 12 UWE-JENS MEY of Germany won his fourth consecutive 500-metre World Cup speed-skating title on Sunday. The 27-year-old Berliner finished third in the 500-metre World Cup race. The performance gave him 208 points in the final standings, four ahead of Japan's Yasunori Miyabe, who won the race55 words
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Article72 1991-03-12 12 KENNY DALGLISH. who stunned Liverpool by quitting as manager last month, is being backed to stage a dramatic return to the English champions next season. The former Scotland striker has been tipped so heavily for a quick comeback that the odds on him being in72 words
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Article84 1991-03-12 12 THE world's No 1 ranked woman sprinter, Merlene Ottey of Jamaica, equalled her own world record of 22.24 seconds to win the 200 metres at the world indoor track and field championships in Seville on Sunday. World indoor record holder Paul Ereng of Kenya successfully defended84 words
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Article116 1991-03-12 12 BRITAIN'S Laura Davies broke out of a lengthy dry spell on Sunday when she shot a five-under-par 67 to win the Inamori Classic in California by a four-stroke margin. Davies, who began the final round trailing Tina Barrett by one shot, started off with a bogey but116 words
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Article, Illustration531 1991-03-12 12 Champions Cup AP JIM COURIER captured only the second singles title of his career on Sunday by beating France's Guy Forget 4-6. 6-3. 4-6. 6-3. 7-6 (7-4) in the Champions Cup. Courier, of the United States, pocketed *****25.000 (*****.000) for winning the match, the largest payday ofAP - 531 words
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443 1991-03-12 12 Reuter GABRIELA SABATINI put all elements of her now well-rounded game together to beat top-seeded Steffi Graf 6-4 7-6 on Sunday to repeat as champion of the US$5OO,OOO (SS850.000) Virginia Slims of Florida women's tournament. "1 think I have everything," said Sabatini, who earnedReuter - 443 words
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417 1991-03-12 12 Agencies STEVE PATE's first victory sincc 1988 proved to be a memorable one on Sunday as he stumbled to a three-over-par 75 in high winds to win the I londa Classic in Florida. Pate, who enjoyed a sixshot lead when playAgencies - 417 words
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Article610 1991-03-12 12 NYT THE magazine cover did not represent one of the happier stages in the life of Peter Edward Rose. It was the July 3. 1989. cover of Sports Illustrated. and it artfully juxtaposed a glum photograph of Rose with rather damaging testimony from one ofNYT - 610 words
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Page 12 Advertisements
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Advertisement347 1991-03-12 12 From our point-of-view, ihP > «■■<■■"■ «w |fj mmmvm f N*: ww-*** Seaview Bedroom only Ms9o nett per person (twin-sharing basis) Ipf IJSSBtWSWSI Ifett 1-Bedroom Seaview Suite only M$ 103.50 nett per person jjjjjJll'2l'2 >!' Jji|» (twin sharing basis) Package includes: complimentary- local/continental breakfast WMfHV H complimentary coffee/tea-making facilities (in347 words
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INNOVATION & TECHNOLOGY
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Article, Illustration359 1991-03-12 13 Claire Leow - Claire Leow checks out this worldwide promotion by two US computer makers Claire Leow TWO American computer companies, Compaq and Microsoft, join forces today in a worldwide promotion aimed at a fast-growing segment of the market laptop and notebook computers. Compaq a359 words
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Article201 1991-03-12 13 APPIi: COMPUTERS, which responded to market demand for low-cost models of its Macintosh personal computers (PCs) last October, has followed that success with low-cost printers. Said William James, managing director of Apple Far Fast: "Introducing more affordable computers last October was the first step in our201 words
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Article, Illustration306 1991-03-12 13 UPI AMERICAN scientists have reported that they have genetically engineered pigs to produce large amounts of a mouse protein in their milk, a step towards creating "bioreactor" farm animals that make medicines for people. The "transgenic swine" probably would not be practical, however, as livingUPI - 306 words
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Article426 1991-03-12 13 BORROWING TECHNOLOGY from the electronics industry, a new pharmaceuticals company in California, hopes to speed the pace of drug discovery by creating chips containing thousands of potential drug compounds on a one-centimetre square. In spite of the dramatic advances made by biotechnology, traditional drug discovery remains a slow426 words
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377 1991-03-12 13 NYT SUN Microsystems and Hewlett-Packard, the two leading vendors of computer workstations, announced late last month a joint effort to develop advanced software that will allow their computers, as well as machines made by other companies, to work together. The goal is to createNYT - 377 words
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566 1991-03-12 13 Kenneth James - IT MATTERS Kenneth James on the predicament of a homegrown IT institution Kenneth James IT's a pity the Singapore Microcomputer Soeiety (SMS), where so many of the Republic's IT entrepreneurs and enthusiasts cut their eye-teeth, has no place to call home. Enthusiasm and566 words
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Page 13 Advertisements
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Advertisement546 1991-03-12 13 "*0 —Or Presenting a Breakthrough in SHPI^ Wavclcss Watcrbeds The truth about most conventional beds I is, they don't give you the proper spinal |Hlh| support your body requires for a restful, ynffiK; m* J"' vil Hi < relaxing sleep With an Aquapedic IIT waterbed, you get all this and546 words
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Article489 1991-03-12 14 EDITORIAL HOT on the heels of the Gulf War, a trade war over the allocation ot contracts for the reconstruction of Kuwait could break out. This war could be fought by companies over the estimated US$lOO billion worth of contracts that Kuwait is expected to award.489 words
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WHAT THE OTHERS SAY
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Article214 1991-03-12 14 DR TAY Eng Soon's announcement of a six-fold increase in polytechnic places for good VITB certificate holders and a doubling of university places for good polytechnic graduates is one that a whole generation of Singaporeans has waited for. More young Singaporeans will now be able to make214 words
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Article128 1991-03-12 14 THE ANNUAL careers exhibition has been getting a warm response from students and parents. In an environment of labour shortage, the show provides a good chance for employers to attract potential workers. It is never too early or too late to decide on one's career. With the recent128 words
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Article132 1991-03-12 14 THERE IS no shortage of charitable deeds and donations from people in the lower and middle rungs of our society who are willing to help the less fortunate. Even though these people generally do not seek rewards or commendation, we must still accord them praise to encourage132 words
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REGIONAL VIEWPOINTS
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Article195 1991-03-12 14 BEIJING this week announced its intention to continue to arm the Khmer Rouge until after there is a comprehensive political settlement in Cambodia, preferably under the framework agreed upon by the five permanent members of the UN Security Council, of which China is one. Chinese arms supply195 words
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Article170 1991-03-12 14 WHEN Prime Minister Datuk Seri Dr Mahathir Mohamad visited the Food Technology Department of the Malaysian Agricultural Research and Development Institute (Mardi) in Serdang last Thursday, he sampled some of the food prepared there and gave a delightful thumbs-up signal. In fact, he made two significant170 words
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Article151 1991-03-12 14 WHEN US President George Bush spoke last Wednesday of his resolve to bring about a comprehensive peace in West Asia, one wonders whether he will pursue this with the same level of zeal and determination that resulted in the end to the war. While he mentioned151 words
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Article, Illustration1006 1991-03-12 14 John Tagliabue - John Tagliabue finds eastern Germany growing old and inactive as the young head west for better prospects John Tagliabue NYT Five months into German unity, tens of thousands of eastern Germans continue to embark on a westward trek in search of jobs andNYT - 1,006 words
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Page 14 Advertisements
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Advertisement155 1991-03-12 14 SOME OF OUR BEST DISHES I AREN'T ON TOE MENU. N y f Jp >y V I *Mh _S f y KJ /ffi 111 St ~Zsrr x.si-- s 's« .->••' .<£3sSg*v v J J/ 0' Our new Chef is a real master in the New Wave Cantonese cooking now the155 words
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Page 14 Miscellaneous
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Miscellaneous30 1991-03-12 14 DOONESBURY BY GARRY TRUDEAU 'jORKt cm WIS IS ASININE.! NO THIS IS A COM tXCifSt IVUI*T t AT YOUP MAY Tne#&/WOUPY pieiEUftsw ME' .t r ■2 ufWMxx vvwi chapsiick* STUHCUPUPINTHEZe30 words
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ANALYSIS
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1081 1991-03-12 15 Magdalene Ng - Magdalene Ng went along with Senior Minister Lee Kuan Yew and a group of businessmen, industrialists and bankers to Mexico recently. She discusses their impression of Mexico as an untapped goldmine with tough mining conditions Magdalene Ng THE YOUNG technocrats1,081 words
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Article, Illustration1509 1991-03-12 15 Brimming with potential but little else, for now THE ROAD through the trees and swamps of Cancun. an island off the Caribbean coast of Mexico, should have been exciting. But it was uneventful, and a stop at a crocodile farm and aquarium was a welcome prospcct. Perhaps, said the small1,509 words
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321 1991-03-12 15 Mexico must solve two major problems if she is to develop quickly a lack of organisational skills and language difficulties. Top government and business officials are fluent in English, but most Mexicans know only Spanish. and it is this lack of321 words
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Page 16 Advertisements
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Advertisement2755 1991-03-12 16 88 DBS FINANCE DBS FINANCE LTD AND SUBSIDIARY COMPANIES BALANCE SHEET AS AT 31 DECEMBER 1990 ThaCompeny Th. Group TEeComppn, T*e Group NotM ISM IM 1990 IMB T tW SS'OOO SSMO srooo srooo S$"000 srooo SSMO srooo Fixed Asset* 6 3 671 4.224 42.740 43.073 Share Capital Authorised 50.000.000 shares2,755 words
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Page 17 Advertisements
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Advertisement2346 1991-03-12 17 great pacific finance GREAT PACIFIC FINANCE LTD AND SUBSIDIARY COMPANIES BALANCE SHEET AS AT 31 DECEMBER 1990 The Company The Group The Company The Group Notes 1990 1989 1990 1989 Note* 1990 1969 1990 1989 SSOOO SSOOO SS'OOO SSOOO SSOOO SSOOO SS'OOO SSOOO Share Capital Fixed Assets 7 1,284 8512,346 words
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Page 18 Advertisements
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Advertisement241 1991-03-12 18 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE jrSwfc'. GENUINE PENANG FARE 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. OR241 words
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Advertisement297 1991-03-12 18 FEAST YOUR EYES 111 l 1111 l I ON THE PLUM'S TFWELS 111 ***** l II *****1 l OF THAILAND From Ist March 17th March five of the finest exponents of Thai Cuisine will masterfully prepare «i plethora of appetising dishev The buffet will be available for both lunch (12297 words
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Advertisement311 1991-03-12 18 THEME KARAOKE HITS TOWN! At Singsation Come experience the latest karaoke trend smgmg 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! Pi .aza Hotel OOWdif b#*«*ntotmultr«or*> «A*«.COiO<l«r.t•.NV.'rmfl carpar* (come v*NKO« Htge**9y Or311 words
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Advertisement394 1991-03-12 18 For the next three weeks, British Buffet Lunch we'll treat you like royal- March 1-21 v-V.* ty at our British Buffet Noon 2.30 pm V ith over 60 traditional 1 favourites, you'll be back Adult $36+ 1 for seconds, thirds... Child below 10 JlB+-+ I WV sertv the u-ortj to394 words
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Page 18 Miscellaneous
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Miscellaneous776 1991-03-12 18 TELEVISION AND RADIO OMMMMNM •>.«*< it r T SBCI2 16 30 r n rn*r tUrCS 01 H I4 3 v R S^. ProBramme BUSINESS ON RADIO jTI \h G hnnk Ol CllS3,StCr 12 cH^ MN ,nternati<H,al(l 700 Th?!^TFaS y BhtS 7:26 BBC, 89.9 mHz in VHF Band II V/ll WAV776 words
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LIFESTYLE
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Article, Illustration1133 1991-03-12 19 Roger Cohen; Christopher Lehmann-Haupt - Bret Huston I'llis' new novel American Psycho, which details the most hideous acts of violence, has sparked a furore in the United States. Roger Cohen finds out the writer's reaction to the criticism while Christopher offers his reaction to the book. Roger Cohen Christopher Lehmann-HauptIHT - 1,133 words
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798 1991-03-12 19 NYT ONE approaches with a fair degree of awe a novel that has inspired the reaction that Bret Easton Ellis' American Psycho has. To have provoked a publisher to reject a finished manuscript without demanding the return of a substantial advance: to haveNYT - 798 words
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Article, Illustration669 1991-03-12 19 CHATTERBOX DENNIS the Menace fans are revolting. Word that the spiky-haired star of the Beano comic is about to get a new image for his 40th birthday has led to howls of disapproval and threats of resignations from the IX'nnis the Menace fan669 words
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Page 19 Advertisements
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Advertisement261 1991-03-12 19 AND ENTEBTAIN Set Your Heart On Our Set Meals. LL'NTH II I 2«pm i£m?V [»INN> R hKPM IX) t- -1 jt\ io KPM »i».sc.. itR person The Cafe-in-the-Park is well known tor its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays. A ANA HOTEL 16 NASSLM261 words
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Advertisement103 1991-03-12 19 i TRADITIONAL Cantonese cuisine H O BEST HONG KONG c DIAN XIN IN TOWN I china China Restaurant I J Marina Bay Golf Country Club L X V J? 6 Marina Green Singapore 0101. for Reservations Please Call ***** U. The freshest. liveliest seafood place in town. j 11 have103 words
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Page 20 Advertisements
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Advertisement4010 1991-03-12 20 H 4 f't' II M BSIDIARY (OMPANY ompiny fl iwo iww" B H St'OW St()U( ■mmm sv s_ un^ 44 «»l ti j t quits m% till"* 1 Ihc wholly tiwmd subsidiary. Keppel Finance Nominees Pte Ltd is inc«itp»iratcd in Singapore and operates in H flB other q ted investment-4,010 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4763 1991-03-12 21 Genevieve Cua - By Genevieve Cua PROFIT-TAKING in index-linked stocks pulled the blue-chip Straits Times Industrials Index below the 1.500 level yesterday in what analysts see as a long-overdue correction. Buying interest focussed on secondliners and Malaysian counters, spurring some speculation that the bull run. which4,763 words
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Article4309 1991-03-12 22 Main Board BAT 2I« 368 20 5 7% SSF25' 110 Ml +6.1% OCBC Foreign 1030 HO I 0% Pan Pacific:5« 6«) H H 51>% Hong Fok 204 t8 f4 1% Tiger Halm 20« I 76 8 I 4.8% In no-Pat Wt 14 52 +8 18.2%4,309 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4247 1991-03-12 23 Bernama SHARE PRICES on the Kuala Lumpur stock exchange closed higher in hectic trading yesterday with the KLSE Composite Index ending 4.55 points higher at 605.85 and the Industrial Index 2.63 points higher at 1,174.24. Gains far outpaced losses 189 to 47 while 26Bernama - 4,247 words
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Page 23 Advertisements
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Advertisement112 1991-03-12 23 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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BT SHARE INFORMATION SERVICE
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Article82 1991-03-12 24 Company Date Year Group Net Net earnings Gross ann to profit/loss (I) per share dividend ('000) (cents) */o Amino Feb 11 Sep 90 J3 0061(111.0?9> (14 l?5IF(?b H Leon< Credit Ian 16 Inn 10 M$<>4.462<H8.0/4) ?18<I6l> 10U0) C&C Ian A Sep JS3 94/J.I4 h49l I08(?3ba> l5<8Sa) tAN Ian82 words
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Article319 1991-03-12 24 Company Date Year Group pre tax Net earnings Gross ann to profit/loss (L) per share dividend (OOO) (cents) D8S Mar 9 Dec 90 /16) 60 4(52 8a) 16(14 5a) Focal Finance Mai 8 Dec 90 $4 280($3 SI 86(7 3) SSE Mai 8 Dec 90 $19.830($8.244< 7 9(3319 words
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Article789 1991-03-12 24 industrial Oxygen Inc is selling its estate in Negri Sembilan to Condoheights Develop ment tor M559.75m (SS3B24m) cash Trading on shares ot Kuala Lumpur Industries will be suspended from March 13 until further notice Mar 8 tu Yan Sang opened its sixth store in Malaysia as part of789 words
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Article271 1991-03-12 24 Company Date Half-year Group pre-ta* Interim ann to profit/loss (L) dividend (000) Rothmans Ind Mar 6 Dec 90 $32,507(126.416) 22 5(15) H Leong Credit Mar 4 Dec 90 M$19.470($13.348, 3(1 8a) Cons Plant 2 Dec 90 M$40 600($56,600) 8(9 2) DMIB Bhd Mar 2 Oec 90 M$20.400<$19 000271 words
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Article486 1991-03-12 24 Current Ex Boohs Date Total tor Total tor payment date close payable the year last year A scan Find USJO 10(b) Mar 18 Mar 28 Apr 8 US$010 A vino WE Feb 25 Mar 7 May 15 1251TE 25 «TE BAT 104 81 Apr 15 Apr 26 May486 words
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Article847 1991-03-12 24 Main Board Last Year Company Penod Date Ye* Net EPS Gross Net anraviced endrj (cents) A* profit test year (1000) CMB Pacfcirng interim No* 13 Dec 90 29 7 132 11.616(e) BMT Interim ton 10 Jun 91 254 2 150 0 •pofc, fmal feb 16 Dec 90 1847 words
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Article882 1991-03-12 24 BONDS, LOANS WARRANTS Company Conversion period Conversion twin lor owe ordtowy stare dC Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loan 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 Chuan -it) Notes882 words
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Article223 1991-03-12 24 Company Rights Issue H Leont Credt Two-tor five (n MJ200 per share Ei-date Feb 21 Books close Wat 7 Vceptance Payment NYA *1 Industries One Kuala lunpur industries Hidgs Bhd share of MSI each tor sewn mi shares of bO sen each Rights issue of one-for two (a223 words
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Article298 1991-03-12 24 Company Rights Issue fcan, One fc* two MJI CO per share issue t iO.n CunuMrr Redeem jtte Preference Shares of MJi) 10 ea« h at VV ,»'t !•>»• 1 Batten One tor tour (a MJ/ 00 per share Ge«(e Kent One tor two <a, Mil 50 pet share298 words
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Article97 1991-03-12 24 Avimo Singapore Ltd: 17th AGM at Valley Room. Shangri La Hotel. 22 Orange Grove Road. Singapore 1025 on Monday, Mar 18. at 12 noon United Overseas Land Ltd: EGM at the Board Room. 30th Storey. UOB Building, 1 Bonham Street Rattles Place. Singapore 0104 on Wednesday. Mar 20.97 words
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Article229 1991-03-12 24 RECORD HIGHS LOWS BT Composite Index ?J, l^ ustriafc 1 l ex 11 "i qi i 1991 *****7 (7, 3/91* 1991 hifh. ***** J' J 1991 low: 1149 08 (16/1/91' ISiiEl fi7 90 1990 tach: 1607 12 (27/3/90) 2St? Soi oi 1 /qo 1990 l0 *****0 ISSSH iwnn S 1989229 words
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Page 24 Advertisements
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TOKYO STOCK EXCHANGE
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Article, Illustration2313 1991-03-12 25 Reuter TOKYO stocks ended a day of quiet trading firmer yesterday after news of an apparent credit easing by the US Federal Reserve revived hopes Japan's central hank would follow suit soon. Brokers said nagging domestic factors such as a soft yen and corporateReuter - 2,313 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2375 1991-03-12 25 Reuter A SLACKENING in buy orders brought Hongkong stocks otT the highs but institutional demand, particularly for utilities, ensured the Hang Seng ended firmer at another post-1987 crash high, brokers said. "Institutions arc still buying utilities." said Bosco lx), a director atReuter - 2,375 words
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Page 25 Advertisements
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Advertisement15 1991-03-12 25 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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Surge in gold stocks lifts Aussie market
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390 1991-03-12 26 In local turn-no In SS In I S$ S das S >ear S day S vcar S da\ S sear MAR 8 Index change v hang* change changc change change World 4100 04 14 5 0 2 13.5 00 13.2 $EAFE 539.8 0.6 14.8 0.3390 words
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Article97 1991-03-12 26 INDICES TURNOVER (lone Previous March II SYDNEY All Ordinaries Index 1.424.2 1.415.6 186 All Industrials Index 2.195.0 2.185.7 +9.3 All Resources Index 833.6 825 9 7.7 Turnover (million) 66.70 90 74 -2404 BANGKOK Shi Index 848 55 827 54 21 01 Turnover (million bahl) NA 5.900 JAKARTA Composite Index 31897 words
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Article1018 1991-03-12 26 THE Australian share market closed at a six-month high, boosted by interest in gold and mining stocks and in anticipation of Tuesday's industry statement. "The market is priming itself lor what could come out tomorrow," said Ord Minnett broker Richard Coppleson. Prime Minister Bob Hawke is expected to announce1,018 words
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Article876 1991-03-12 26 THE release of former premier Chati- chai Choonhavan and the first session of an interim government dominated by technocrats cased uncertainty and helped push a bullish Thai market more than 20 points higher, brokers said. The SET index closed 21.01 points higher to close at 848.55. Buying centred on876 words
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Article404 1991-03-12 26 SHARE prices in Taiwan ended higher across the board yesterday, but dealers said the market will have to tight through heavy selling pressure between 4.800 to 5,000 points before it heads for more gains. The weighted index gained 94.83 points (two per cent) from Saturday's 4,743.57 finish to close404 words
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Article779 1991-03-12 26 SEOUL stocks yesterday closed little changed from Saturday's levels after fluctuating narrowly throughout the day. brokers said. Dealers noted buying pressure in manufacturing shares on expectations the government will soon come out with a package to support the sector, but financial shares lost ground on profittaking. The composite stock779 words
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Article508 1991-03-12 26 PHILIPPINE shares ended higher yes- terday as investors marked time by consolidating their earnings while waiting for the bullish trend that has dominated the market for the last two months to resume, brokers said. The Manila Stock Exchange Composite index finished 3.89 points higher at 990.24 against last Friday's508 words
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Article221 1991-03-12 26 NEW ZEALAND shares ended higher yesterday as the market re-rated Goodman Fielder Wattie after last week's bet-ter-than-expected six-month result. GFW ended 16 cents higher at NZ52.26 while the rest of the market was flat. GFW trades represented about half of yesterday's total turnover of 5.85 million shares (worth221 words
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Article617 1991-03-12 26 PRICES on the Jakarta stock exchange rose sharply yesterday after a leading state bank cut its interest rates on time deposits, brokers said. The official index rose 8.36 points to 398.41 and turnover jumped to 4.09 million shares from 1.30 million on Friday. Market leader Indah Kiat closed 650617 words
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Article39 1991-03-12 26 Reuter BOMBAY share prices finished broadly lower in volatile trading yesterday. The Bombay Stock Exchange index closed 16.33 points lower at 1.174.72 after recovering from a mid-session low of 1,158.55. The national index dropped 5.04 to 589.03. ReuterReuter - 39 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration783 1991-03-12 27 David Gabriel - THE S KAN CIL By David Gabriel Using technical methods the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit leveraged up to 10 times for trading in a portfolio of deutschemarks, yen. sterling, Swiss francs, Nikkei StockSource: TeleTrac - 783 words
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447 1991-03-12 27 ASIA THE US dollar could ease further against the mark following yesterday's rounds of concerted central bank intervention in Europe, but its bull run is not over, dealers say. "The central banks are probably selling US dollars to stem its rise. They447 words
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Article1286 1991-03-12 27 SIMEX EUWOOOLUW Open High Low Sett Est Vol Op/Int Vol Mar 91 93.37 93.40 93.37 93.38 4424 ***** 48oT Jun 91 93.37 93.40 93.36 93.38 ***** ***** ***** Sep 91 93.09 93.10 93 06 93.10 3690 6042 2793 Dec 91 92.61 92.62 92 59 92.61 1764 7322 7001,286 words
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Article426 1991-03-12 27 Cross rates m,„m IJS$ SS MS I >111 Yen SFr N/S USS 1.7500 2.7360 1.5775 137.70 0 5386 1.3740 1.6750 ***** S$ 0 5714 ***** 0.9014 0.7869 0 3078 0 7851 0 4572 ***** MS 0.3655 63 96 0.5766 0.5033 0.1969 0 5022 0.6122 0.6127 l>m 0426 words
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Article562 1991-03-12 27 Interbank rates SS Bid <Hfer Overnight 1/2 I 1-month 4 1/2 4 5/8 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 3-5/8 L'SS Bid Offer 7 days 6 3/16 6 5/16 1 month 6 1/2 6 5/8 2 months 6 1/2 6 5/8 3562 words
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COMMODITIES
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Article1543 1991-03-12 28 Rubber Mar n RAS (fob id Mgj S cents/kg Noon Close Inl I KSSPrompt 144 75/I45.75N 145 00/146 OON Inl I KSS Apr 91 *****/147 54) 147 25/147.75 Int I RSS May 148.50/149 00 I48.75/I4«» 25 Int 2 KSS OP 143 50/145 50N 143 50/145 50N Int 3 RSS1,543 words
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Article486 1991-03-12 28 Reuter SILVER PRICES arc on a roll, storming higher on renewed speculative buying tied to indications that the US economy will soon strengthen and jump-start demand for the industrial metal. But how long will the current rally last given silver's less than bullish supplydemandReuter - 486 words
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262 1991-03-12 28 AP TIN producing countries are predicting that global tin stocks will dcclinc beginning this year, the Association of Tin Producing Countries (ATPC) said. A statement issued at the end of a four-day meeting of the Association Executive Council in Kuala Lumpur to discussAP - 262 words
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835 1991-03-12 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market fell two sen on higher offerings to M 514.89 per kg yesterday. Dealers said although the London Metal Exchange was up by US$3O per tonne last Friday, the market was affected by the835 words
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Page 28 Advertisements
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Advertisement657 1991-03-12 28 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50. AND IN THE MATTER OF SINGAPORE TEXTILES INDUSTRIES LTD (In M«mb«rV Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company657 words
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Advertisement34 1991-03-12 28 READ G H A R T P 0 1 N T EVERY S A T U R D A Y IN B U S I N E S s T I M E S34 words
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Advertisement11 1991-03-12 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1125 1991-03-12 29 City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA892 0355 GA974 2135 GA886 2220 Adelaide SQ228 1910 Qi82 2115 QF7 2155 Amman RI8.1 0350 Amsterdam GA893 12.15 GA892 0035 K1837 1505 (iA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Athens SQ24 15 Auckland NZ15 16251,125 words
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THE TRAVEL PAGE
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Article, Illustration558 1991-03-12 29 Andrew Quinn - LETTER FROM TAIWAN By Andrew Quinn IN HEAVY rubber raincoats, motorcycle helmets, boots and gloves, the residents of Yanshui prepared for Taiwan's annual firecracker war. The southern town's night of the "firecracker hives" lethal-looking multiple launchers for firework rockets is the annual climax of Taiwan's558 words
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Article152 1991-03-12 29 As at 3pm yesterday: IxKal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3340 1.3440 Canadian dollar 1.4920 1.5020 NZ dollar 1.0330 1.0530 Sterling pound 3.2200 3.2600 US dollar 1.7470 1.7630 Local dollars to 100 units of foreign currency Austrian schilling 15.20 16.20152 words
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Article58 1991-03-12 29 Duration Title Venue Organiser Tel March International Turin. Italy Torino Esposizioni (39)1165.69 14-24 Home Exhibition S.p.A Mar 14, 15 Tourism 2000 Shangri-La Malaysian 03-*****14 Hotel. Strategic Kuala Consultancy Lumpur Sdn Bhd Duration Title Venue Organiser Tel March 15-20 International Exhibition for the Hotel. Restaurant, Catering, Baking Confectionery58 words
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Page 29 Advertisements
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Advertisement34 1991-03-12 29 Ronald, youll relish Firmair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. Wr know Europe from itart to t'iiintah.34 words
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Advertisement53 1991-03-12 29 SONG* DICE jjjj^! From office boy to most sought-after choreographer. JfijT From $300 a month to That's the success story of > Continuing our serious on 7 V>_x small timers who have hit f the big time. Every Tuesday, with Irene Ng I e news m "ch more. ilwSiweeflHi From53 words
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Page 29 Miscellaneous
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Miscellaneous215 1991-03-12 29 6 How to get the time right 8 Epic poem record work |HV IH needs double energy! (6) 9 Ship's position in rollers. grade is a lark! (6) 12 Suit England's openers llti HBIH IHI we hear excite trouble (7) 16 Time JMT U vhv HH 24 Having toughened surface215 words
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Miscellaneous223 1991-03-12 29 Singapore Outlook: Showers over several areas in the afternoon. Forecast: I Maximum temperature 32.7 Assoc humidity 57% Minimum temperature 23.5* C Assoc humidity 90% Hours of sunshine 9.05 Rainfall in mm Nil i Rainfall this month Trace I Rainy days this month 0 World forecast Asia-Pacific Hi/lo* Cond. Auckland 23/12223 words
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Miscellaneous36 1991-03-12 29 hLkJg.M/lEWEWIPI send V mouse P Besr snoe BOFFefc UMT* niSS PREJtV of >\\n »NJ Twe V BUILD INCS VD Be.Tteß X, iT ""N IH ill NvysejJ UP.. "l 6372 C EVENING STANDARD CO. LTO.. IM2-IMI va^l36 words
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451 1991-03-12 30 Lilian Ang - Move may be part of government's graft inquiry b» Lilian Ang A MAJOR oil refinery project in Thailand could come under investigation by the re-cently-named caretaker government put together after the Thai military's coup d'etat about two weeks ago. Sources say the451 words
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344 1991-03-12 30 AFP INDIA'S ninth Parliament dealt with all unfinished business in record time yesterday, clearing the ground for President Ramaswamy Venkataraman to dissolve the legislature and call elections. The Speaker overruled muted opposition objections over the competence of Premier Chandra Shekhar's outgoing government to pilotAFP - 344 words
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Article, Illustration316 1991-03-12 30 Reuter MILITARY officers will dominate a new Thai national assembly which will replace the one dissolved after a Feb 23 coup, the army commander-in-chief has said. The assembly will be appointed by the National Peacekeeping Council, the name adopted byReuter - 316 words
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413 1991-03-12 30 Agencies AN OUTBREAK of v iolence in Jerusalem forced US Secretary of State James A Baker to cancel a planned visit to the predominantly Arab but Israeli-controlled Eastern sector of Jerusalem. Mr Baker met in Cairo on Monday with Egyptian President HosniAgencies - 413 words
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217 1991-03-12 30 Reuter THE Bundesbank led a concerted burst of central bank intervention to dampen foreign exchange dealers' continuing enthusiasm for dollars, sending the currency down more than one pfennig after a rapid rise, dealers said. They noted the Bundesbank sold dollars around 1.5830 marks (551.75).Reuter - 217 words
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Article, Illustration828 1991-03-12 30 CHRISTOPHER REED; CHRISTOPHER REED - The Bottom Line CHRISTOPHER REED CHRISTOPHER REED The writer is a San Francisco-based business journalist who writes occasionally for BT PETROL STATIONS with no petrol, banks with no money, US$6O-a-night hotels with no hot water, and butcher shops with hardly more than bones to828 words
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Article285 1991-03-12 30 AFP PHILIPPINE Defence Secretary Fidel Ramos yesterday called for a meeting of the Association of South-east Asian Nations (Asean) to discuss the US military bases in the Philippines, whose future is under negotiation. Asean members Brunei, Indonesia. Malaysia, the Philippines, Singapore and Thailand shouldAFP - 285 words
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Page 30 Advertisements
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Advertisement169 1991-03-12 30 JIL Baume Mercier GENEVE 1830 P.,/) uni-tiall A MITSUBISHI PENCIL CO.. LTD. JAPAN What We Have Done \W// To Give You These \Wr/ Fine Liners J^ 4 First we make their metal ball tips i* I /W highly durable to acquire instant fJ IM writing /m [W M Should any169 words
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Advertisement10 1991-03-12 30 Fears of I ebanon-style civil strife in Iraq, Pr 1010 words
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Advertisement74 1991-03-12 30 Baume Mercier GENEVE 1830 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier, word processing, secretarial services, conference room, answering service, long short term lease you name it! Your inspection enquiries welcome WORLD WIDE BUSINESS CENTRES (S) PTE LTD #11-04 06 Peninsula Plaza,74 words
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Shipping Times
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389 1991-03-12 31 Selva Kumar - By Selva Kumar THE SINGAPORE Maritime Officers' Union (SMOU) is embarking on an intensive effort to enhance job opportunities for its members. It plans to do this through more collective wage agreements, training sponsorships and, in the longer term, its own business unit389 words
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Article, Illustration266 1991-03-12 31 Reuter THE European Community's Competition Commissioner told EC-based shipowners last Friday that they must respect free competition on shipping routes or have special treatment they have enjoyed up to now withdrawn. Sir Leon Brittan, addressing French shipowners in Paris, said the European CommissionReuter - 266 words
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231 1991-03-12 31 Lloyd's List AT LEAST six oil tankers have been chartered to transport urgently needed supplies of fresh water to war-ravaged Kuwait. The shipping operation, part of priority relief work to establish food, water and sanitation services in the country, is the quickest wayLloyd's List - 231 words
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279 1991-03-12 31 Bernama THE Klang Port Authority (KPA) has embarked on an MSll-million (556.6 million) project to deepen the heavily silted navigational channels in Port Klang. The authority last week awarded a local company, Tripart Sdn Bhd. the contract to dredge the channels. TheBernama - 279 words
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Article563 1991-03-12 31 Labour-saving technology to enhance shipmanagement position HONGKONG ship managers arc investing heavily in labour-saving technology in a hid to boost the colony's position as a leading centre tor ship management. It is losing its competitive edge in this field as a result of runaway staffing563 words
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372 1991-03-12 31 Khaidir Abd Majid - By Khaidir Abd Majid THE Malaysian government has in principle agreed to turn Port Klang into a free commercial zone, making inbound and outbound goods in the zone area free from any customs intervention. "It will be as if the port372 words
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331 1991-03-12 31 Reuter OFFICIALS from the US and Britain discussing the transfer of landing rights at London's Heathrow Airport, seen as crucial to the survival of Pan Am Corp. recessed on Sunday evening without agreement. Talks were to resume at 1330 CiMT yesterday at the USReuter - 331 words
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NEWS SUMMARY
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55 1991-03-12 31 THE severe downturn gripping the airline industry looks set to continue. Air Europe and its parent, the International Leisure (iroup Ltd, have sought bankruptcy protection from creditors and grounded its fleet, stranding 25.000 people, vshile British Airways is withdrawing from five unprofitable routes. Steven55 words
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55 1991-03-12 31 THE British government's Ports Privatisation Bill suffered a seeond defeat last week in preliminary stages. Less than a week after the government suffered its first setback in the ports Bill's standing committee stages, backbench Conservatives again embarrassed their own government by seeking to amend55 words
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56 1991-03-12 31 THE AIRLIFT of thousands of military people and their equipment last fall helped some US airlines that participated fill seats that had been left empty by fearful travellers. The returning troops will take up some of the slack left by the continuing56 words
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44 1991-03-12 31 STATE-OWNED Air France said in Paris last Friday that it was suspending plans to introduce short-time working from \pril 1 because of better prospects for the airline industry since the end of the Gulf War Back Page44 words
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LOG BOOK
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103 1991-03-12 32 PAKISTAN plans to build a new port on the Arabian Sea to ease congestion at Karachi and nearby Bin Qasim. Commerce Minister Mohammad Naeem Khan said. Survey work on possible sites had already begun at Ormara and Gwadar in western Baluchistan province,103 words
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Article66 1991-03-12 32 McDONNELL DOUGLAS CORP's McDonnell Douglas Space Systems Co subsidiary said it launched a second commercial satellite last Friday for the Inmarsat organisation onboard a Delta 6925 expendable launch vehicle. Designed and built by British Aerospace pic, the Inmar-sat-2(F2) satellite will provide the next decade's telephone, fax and66 words
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Article54 1991-03-12 32 AMERICAN Telephone Telegraph Co said it is prepared to raise its offer for NCR Corp to US$lOO (SSI7O) per share if NCR will negotiate a merger agreement. AT&T also said NCR rejected its attempt last weekend to arrange a meeting to propose an54 words
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Article32 1991-03-12 32 ALBANIAN REFUGEES took over a ship and sailed for home yesterday, angry at their squalid living conditions in the Italian port of Brindisi where they arrived days earlier.32 words
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Article70 1991-03-12 32 TROOPS were poised last Sunday to storm ships in the Albanian port of Shengjin carrying some 2,000 people trying to flee the country after at least 10 people were wounded in a similar action in Durres, diplomats said. The official Albanian news agency ATA said70 words
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Article47 1991-03-12 32 SELF-SERVICE, according to the German airline Lufthansa, is good for the environment. It announced that as a result of a scheme in which passengers on its domestic flights choose their own cabin refreshments before take-off, the airline had 1,700 tonnes less garbage last year.47 words
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Article77 1991-03-12 32 CHANNEL tunnel builder Eurotunnel pic said it had made a number of new management appointments in preparation for the start-up of the tunnel in 1993. Christopher Garnett, formerly European sector director of ferry group Sealink UK, replaces Nicholas Gorodiche as commercial director. Mr Gorodiche will take up77 words
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Article, Illustration986 1991-03-12 32 Steven Prokesch - The severe downturn gripping the airline industry looks set to eontinue. Air Europe has sought bankruptcy protection while British Airways is withdrawing from five unprofitable routes. Steven Prokesch reports. Steven Prokesch NYT THE hard times in the airline industry claimed another victim last Friday when AirNYT - 986 words
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Article1009 1991-03-12 32 March 12-17: Aviation/Airport Support '91, Manila. Philippines. March 21-23: Seminar on Commercial Shipping. Letter of Credit and Cargo Claims of International Trade Specific Issues. Contextual Practice and Operational Process. Organised by Facs World Pte Ltd at Carlton Hotel. For further enquires call *****71 or fax: 292-2875. March 26-28:1,009 words
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Article12586 1991-03-12 40 I his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the I'ort of Singapore. Advaneed dates are published for a12,586 words
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Article3467 1991-03-12 45 A iIH( untaincrlinc N\: Ik'lsin Shpg \gencics l*tc I Id (SVMannc I l.mdlmg Sdn Bhd (PK/PN) Vcord Group: Accord Shpg I'to lld (S)/Accord Contr 1 ine (PK/PN). VJkris BusiiH'vs Corporation Philippine: alstmv Shpg I nig Pie Ltd (S) Ahrenkiel Liner Servke: Kim Shpg I rdg (S) \lbatros Sea-3,467 words
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Article258 1991-03-12 45 Abacus ouriers Tel 545-8011. l ax: *****98 Air Kxpmt I ravel Tel: 533-5771. Fa*: *****44 Airborne Freight Corporation Tel: 542-8844 Fax. *****16. *****80 Xirswift \Snrld*id« Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75 ('in-I.ink International Tel: 344-3377. Fax: *****50 (luster I ink258 words
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Article1524 1991-03-12 45 Abex Express Freight Tel 542-7171 Fax *****84 Actinic Forwarder Tel: 225-1833 Fax: *****42. Xctivair Singapore Tel 542-7822 Fax: *****20 Aerolink Freight International i Tel 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax; *****18 Air Cargo Novo Express Tel: 542-5454 Fax: *****06 Air Express International Tel 542-7666 Fax: *****74. *****501,524 words
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Article2939 1991-03-12 46 ARGENTINA Buenos \ires: Most berths hus\. no congestion; sonic general cargo berths vacant, no congestion expected San I oren/n: Three vessels in poit ol which 2 loading grain. I loading bv-products; 2 vessels in roads awaiting shippers' instructions to load by -products. A vessel is grounded south of2,939 words
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Article459 1991-03-12 46 ARRIVALS DEPARTURES Op Might I >p* H\ I From Op Flight l>pe KID T To TODAY TODAY JAI. J 1.617 B747I 0200 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KM. KF.697 B747F 0220 I SEL KAL KE697 B747F 0450 1 BKK NCA K/205 B747F 0310 I459 words
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Article292 1991-03-12 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dtp Nunc of Vessel KTA KID Ports of C alls Port Agent MARCH 13 13 Taras Shevchenko 0900 2300 Saigon-Sin-Colombo Singapore Soviet Shpg Co 14 16 Fedor Postojewskij 1200 1700 Jawa-Sin-P Kelang Singapore Soviet Shpg Co 17 17 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang292 words
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Article667 1991-03-12 46 SHIP SALES TANKER RATES Reuter AFP AN UNNAMED charterer had declared its purchase option on three motor tankers for about USS63 million en-bloc. The vessels are the Boris. (29,996 dwt. built 1989), Anatoli (29.998 dwt-1989) and Una (29,900 dwt-1991). VESSELS SOLD FOR FURTHER TRADING Motor tankers The llesnes: 68.157 dwtReuter; AFP - 667 words
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SHIPS IN PORT
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Article652 1991-03-12 47 VwmI Voy No Elertti Arrival Departjie Keppd Wharves Baroness 90 H34 alongside 14 03/2300 Catamarca 2 36WB K31 alongside 1103/1200 Kota Megan E888 K32 alongside 1603,0600 Sg Of Flower *****3 (P *36 alongside 1203/0700 Trans Haw 262A HI 1 alongside 1203/1000 Anne Gro 04W C10 1203, 0830652 words
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Article981 1991-03-12 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From ACX Daisy 10 15/0400 2 11/1700 12/0659 12/0900 4 12,1200 12/1459 12/1700 ACX Jade 38A 13/1500 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 ACX Lotus 10A 12/2200 2981 words
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Article206 1991-03-12 47 Johof e Port Berth 1: Geneki Berth 2: Da Jin Chuan berth 3: Dedu Berth 4: Fortune Beta Berth 5: Arrow Adventure Berth 6: Glory Selatan V, Kris Lemona. Oi jetty: Bakri Navigator, Katarma. DCJ: Blue Sea Due on March 11: 8unga Semarak. Asikm. Barge Kel-7. Nam,206 words
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Article1018 1991-03-12 47 RATES on the dry cargo freight market looked set to continue rising as the Baltic Freight Index on Friday hit a record high for the second day running at 1,763, up six points, brokers said. Among index related fixtures to emerge was a Panamax grain vessel on time-charter1,018 words
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Article, Illustration365 1991-03-12 48 Lloyd's List THE British government's Ports Privatisation Bill sutTered a second defeat last week in preliminary stages when plans to claw back 50 per cent of property development profits were rejected. Less than a week after the government sutTered its first setback inLloyd's List - 365 words
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444 1991-03-12 48 NYT FOR SOME of America's airlines, which enjoyed a windfall ferrying troops and materials to the Middle East, the return trip will provide more welcome business. The airlift of thousands of military people and their equipment last fall helped some ofNYT - 444 words
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179 1991-03-12 48 Reuter STATE-OWNED Air Franco said in Paris last Friday that it was suspending plans to introduce short-time working from April I because of better prospects for the airline industry' since the end of the Ciulf War. But it said it was keeping other cost-cuttingReuter - 179 words
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Page 31 Advertisements
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Advertisement257 1991-03-12 31 SSWEE HfNG METAL CO PTE LTD 13. TUA3 AVE 14 SINGAPORE /Mi TELEX K3 we7B SMMCHI TEL: 861 MM (stw| TfICFM Ml »4« i<***cvaret rorqu* iimuruit kIAUHIA Convoux fIMIUNU, INOONVAIA IPG mil Iffimm smiowßt l crt anm Mb wuihoo— Truck* SMatita Craw P*M Truck* *J»ob«jy Mil. rental A iipu BRITISH257 words
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Page 32 Advertisements
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Advertisement88 1991-03-12 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at88 words
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Page 33 Advertisements
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Advertisement2361 1991-03-12 33 lARDINE SHIPPING AGENCIES %«■■># Cantonment Ruad #12 05 Southpumt it 0208 I \lll«# IfUX NO RS Wlllim IfNMiNAI Tel 12UJ218 220 bookings m vuwji 258 L. .J PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KEI4NG TEI *****18 TEIEX NO MA5947; MAW?OI PENANG lEI *****4 TEtEX NO MA***** CfS ftl ******;2,361 words
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Advertisement978 1991-03-12 33 INDEX T^DVERTISERS P»Ht C'«l l*»Ke C'til i i r~ m i AHCC onlaincrlmc 12 I Mac-Nch \gcnoics 14 1/2 Accikil (tnwip X 1-1 Ma«il.nc 18 2/3 Altaian Sea-Air 14 1 •MacrskLinc 3 4/5 Allied-Link 16 4/5 •MIST 14 1-3 APL 5 .3-5 M'sia Shpg «>rp 9 1/2 APC Line 13978 words
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Advertisement2514 1991-03-12 33 ■BIiVJHiHfIILUJ NEXT VESSEL TO JAPAN AND HONGKONG TOROEN MAERSK V. 0104 ETA 18/3/91 Voy jfc T A £TO 'Port -Pcrung j L" DESTINATIONS I Kelany I j CFS HIIJMHBS M Tauro OAK LGB MOU MEM ATL Ml A CMS BAL PHL NYC MON TOR MAH!t MAFRSK 9104 19 1 112,514 words
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Page 34 Advertisements
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Advertisement1564 1991-03-12 34 HOTTEDAM/ I VOY NO SPOHE SOUTHAMPTON HAMHUHG ANTWERP IE HAVRE B|H| KURAMA 89 110 14 3 4 4 14 FRANKFURT EXPRESS 55-310 I/O 3'4 5/4 B<4 9 4 MrriMiiiinD TOKIO EXPRESS ***** 21/3 U 4 9/4 8 4 L ALL IttSTBOUND P KAMAKURA 16/311 24/3 104 12/4 15/4 16 41,564 words
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Advertisement586 1991-03-12 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASHAC I ?B 3 114 14 4 19 4 ALSO ACCIPTING CARGO VIA SUVA TO lAUTOKA PAGO PAGO APIA NUKUAIOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CALI AO SAN (PERU) ANTONIO SEASPAC I ?8/3 2/5 3/5 6/5 7/5 8/5 Cill.lo or586 words
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Advertisement1858 1991-03-12 34 rawaftwfl &ttsm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LMA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SINGA 9101 3 12/03 31,-03 01 04 05 04 06 04 07 04 0804 09 04 10/04 NORASIA AL MUNTAZAH 9102 3 17/031,858 words
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Page 35 Advertisements
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Advertisement2038 1991-03-12 35 m Steamers Maritime Holdings It i> MTIW STRAITS SHIPPING I ■kfL Bli|inr< to Btwnl, last Malaysia, I Containers mLm ,l,nn I Voy f* Hlartf S'pi** Al# Sou A"t Rut Mb# I IARSMAttS* HO4 BAW 0/03 1103 ?*O3 JlO3 0104 03-04 ACCEPTS DUE SAILS ORtfMAt mi '*04 8 ItR 10.03 16032,038 words
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Advertisement1540 1991-03-12 35 TO- U.S.A./PANAMA FM- U.S.A./PANAMA SP OAK IGB CIH FOO SAV HOU N(C NOW SAV CRI IGB OAK SP !m liJ m "s M Ti Z^n^a"*/ 1 ill T, r; iw »i m ATLANTIC SINATOR If II? »1 744 »4 SS |15 !i£\"oi»c\fV «A 1M tj "j "i K N a1,540 words
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Advertisement367 1991-03-12 35 1i STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASIAN COSMIC COSMIC CHALLENGER STAR TRADER PIONEER VOY NO S IB 16 IS S pore In Pt 16 3 17/3 20*3 P Kelang SW IV3 H<3 Penang Yangon Mongla Chittagong Calcutta Yokohama Nagoya Osaka Senboku Kobe NOTE AISO367 words
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Advertisement783 1991-03-12 36 CR NBR 1162/*****0 0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY SPORE ROAM ADAM H BURG BREMEN ANTWERP IRIAS UNITY OOIWB 15,3 144 <'14 »4 30 4 SRMIJAYA,3IWB I flfl 5.5 12/5 16,5 205 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|ect to Inducement Also accepting cargo to Casablanca Port Said.783 words
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Advertisement953 1991-03-12 36 j& Z S. it, HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK Spore LEH RTM ANN HAM BRV FEL HAN/IN TONGHAE OtlE 113 DIRECT <4 4 4 HANJIN OAKLAND OL'W 13 3 "J 'II It 3 1 M HANJIN FELIXSTOME JO/E 18 3 DIRECT 8 4 114 HANJIN ROTTERDAM953 words
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Advertisement1577 1991-03-12 36 I. or-,, HKG KSC KLG PUS MKT OS* NGY SM2 TYO LA* ChS HA LNK LMV AN# ROW THP H6C PSD CMB PKL SGP I I GRACE RE 037 13 315 J M.I 21 I 211 2b Jid3to J 31 3 14 ;< iH ft) 2/) Al ii *****11S 131,577 words
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Advertisement1967 1991-03-12 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE-*****18 FAR EAST SERVICE *****4 a MMTERMINAL OFFICE -*****22 DOCUMENTATION DEPT: *****44/*****14 iMMM mKCFS K27 IMPORT: *****69/*****50 CFS K27 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-{O3) *****33, P. Kelang-(03) *****87, Penang (04)1,967 words
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Advertisement1097 1991-03-12 37 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 f AS I BOUND I~LOADING TOR WESTBOUND VCSSUS VOYAGE I v ,»l |v*l VOYAGE SPO*( HKLANC HBUDC1,097 words
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Advertisement1704 1991-03-12 38 K** -w M AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) TEI *****/7 TELEX KAWAKIRS23I6S FAX *****79 I m j M M MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD I JHk Mi JtL A TEL PJ *****22 PK *****01 5 PENANG *****5 JB *****1 KAWASAKI KISEN KALSHA i1,704 words
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Advertisement1251 1991-03-12 38 PHILI OttKNT UN€5 PT€ LTD V* 108 ROHINSON ROAD *0/00 GMG BUILDING SINGAPORE 0106 I TEL *****?? *****69 *****00 TELEX RS ***** PHILI FAX *****76-*****38 jj# BY AIR, LAND OR SEA Sfelr WE TAKE ON THE WORLD FOR YOU MFMBER Of SINGAPORE FREIGF IT FORWARDERS ASSOCIATION 17 MAR MONTREAL. Ottawa,1,251 words
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Advertisement1710 1991-03-12 39 PACIFIC INTERNATIONAL LINES (PTE) LTD *****55* M m mttt PIL Building, 140 Cecil Street »03Q0, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN MAJAPAHIT 9104 V*l3 19/3 HAI HUI 9110 15/3 19/2 21/3 BUNGA TERATAI 102 17/3 19/3 24/3 SEA1,710 words
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Advertisement1599 1991-03-12 39 Wm. MYANMA HVE STAR UNE v (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VUOW 18 Mar PAGAN VI6BW 27 Mar THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I BUNKER SURCHARGE CONTR USD1,599 words
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Page 42 Advertisements
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Advertisement740 1991-03-12 42 TO AUSTRALIA/NEW ZEALAND VSL |Vn Iffwn |l»c b |s,d Uuck I NP£ Tp CHAIM I ANTW£RP£N .V 'JO J ST 14 "7/4 R4 U/4 El TNT EXPRtSS JW 22,* Sii T i Ub l*/5 SI ELLIN HUDIGIIO <Ti ST jjl SI U II 4/t "brussil 2/1 iri" Ifi io6 17/t740 words
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Advertisement1187 1991-03-12 42 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE [OUTBOUND VOY PKL PNG"jjg TTIN [~HKC KAO TIT TYO W NCO KOB VESSEL VOY [si~N~ PKL PNG~" BLW "SIN~""1 AC DAISY JO 16/3 "11,' 3 15/3 22/3 toil 27/3 28/3~ ACX JADE 18A~ 13/3 14 3 16/3 IV3 181,187 words
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Advertisement269 1991-03-12 42 RT UNITED SHIPPING "Sr ORGANISATION LTD otni-CT RtGuiAW smvtcts X JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA t SURABAYA W ■4t Accept cwfMt to all otfcer IndaaciUa porta JL with trtMhlyatnt at Jakarta ar •orakapa. DESTINATION ETA ETD VSL a JAKARTA In Pt 12/3 P KALIMANTAN w 16/3 17/3 P269 words
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Advertisement1511 1991-03-12 42 ffe 1 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: *****82 (JAKARTA) MALAYSIA'S AGENTS CHUNG CHIAO SHIPPING SDN BHD TEL *****91 (KL) *****1 (PENANG) GUAN GUAN SHIPPING SDN BHD1,511 words
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Page 43 Advertisements
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Advertisement1303 1991-03-12 43 UKC CBmiIHIIOHAI mVKI Vessel PKL PNC P C Loading loi A VESSEL i 8.03 Rotterdam Antwerp CHINA FULL COWTAPntm MKVICK Vessel SGP PKL BKH MKC QIN SHA YANGFANGKOU 14/ 02 04 0 J 04 0/ 04 12 04 18 04 YANCFANCHOU 149 03 05 04 OS 08 0b 13,0b 191,303 words
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Advertisement802 1991-03-12 43 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN802 words
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Advertisement965 1991-03-12 43 vtsstl VP* s PORE SYD MEL VESSEL VOY SINGAPORE 7 BANGKOK PIVA BHUM OJO7S b_ JM 0103 4 iENLINK 46N Wed 133 Sal 16~ PtANK* W/ 01 02,4 14 IS 4 UM< WANA BHUMs* OSN Wed 13 3 Mor IS 3 MYA BHUM 0503 MIS/4 0103/5 MANTA BHUM 32N Wed965 words
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Page 44 Advertisements
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Advertisement1217 1991-03-12 44 MAC-NELS SINGAPORE export thJ *****22 11 import til *****021 PENANG TEL (04)*****6 KK TEt (008) *****0 IAWAU TEL (089)7/86/9 tTTTTTTIp KELANG ft-L (03) *****77 KUCHINC. TEL (082) *****3 SKAN Hi (089) *****2 I f\-/\ -li BAHRU TEL (07) *****2 SOU IEL (084) *****2 SAMIKt It 84 '388 1 iakAR IA1,217 words
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Advertisement416 1991-03-12 44 IWZW BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI KFM.Y CON'TAINKRISF.I) MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH PORT CHALMKRS ACCKPTINC; Ft'l. LCI. FOR AUCKLAND, NAPIKR, WELLINGTON, BLUFF. CHRISTCHURCH. DUNK DIN. I.YTTKLTON. INVFRCARC.iI-. FIJI AND TAHITI SIN N PLY AUCK LYT MANDAMA 059? 17 Mar N Mar Via NPI416 words
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Advertisement1139 1991-03-12 44 /2SI 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 VESSEL VQT ITU DEST VESSEL VQT ETA PEST KIM SOON LI 9/91E 16 MAR1,139 words
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Advertisement36 1991-03-12 45 C DEE JL II 4S J SINGAPORE to MALDIVES tm lb mm I SINGAPORE to HUNGARY T ill llf 111 SINGAPORE to SPAIN M SINGAPORE to SRI LANKA COMMENCED IST DECEMBER For enquiries CALL 322 750536 words
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Advertisement6 1991-03-12 46 Read Chartpoint in BT every Saturday6 words
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Page 47 Miscellaneous
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Miscellaneous468 1991-03-12 47 TIDES AND WEATHER 'A.v. f>■ a-V :\:-yrjWWW.^y TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 **********00 **********00 *****600 *****1001JOO 2000 2100 2200 2300 JR 1 7 16 16 16 1 7 18 20 22 23 24 23 21 18 14 1.1 09 07468 words
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Page 48 Advertisements
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Advertisement421 1991-03-12 48 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUORA AGUNG POH AIK 184 11/3 BATU AMPAR/SEKUPANG BATAM SAMUDERA 102 18/3 DUMAI/PEKAN BARU ABADI JAYA 15/3 DUMAI/PEKAN BARU KUALA SIAK V 15/3 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting421 words
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Advertisement769 1991-03-12 48 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA JO PSW VOY SIN HKG LBH OAK SEA CHT FROM PSW VOV LBH OAK SEA HKC SIN_ iivundai rxPIORFR 38E 16J 21 3 8 4 11 4 14 4 13 4 HYUNDAI EXPLORER 37W 12 2 15 2 17,2 7769 words
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Advertisement694 1991-03-12 48 —i— CHARTPOINT Every Saturday in Business Times yf' 'i" i in frow Voy PNG PHI l#oth«r Vntt Voy SiN LAX OAK HOU OAI CHI NOR MEH NYC Qy p USA AM BNOM —ITT alligato* pwiot i.'i,'w ~7<n TT"TV 94 9 4 "i07"i34~ io« nr SERVICE CALLS AKA BHUM V 472W694 words
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