The Business Times, 18 March 1991
1991-03-18
1
44
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The Business Times
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Title Section10 1991-03-18 1 Business Times MCI (P) 16/12/90 Monday, March 18, 1991 75*10 words
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NEWS SUMMARY
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74 1991-03-18 1 PRESIDENT Corazon Aquino said yesterday she would submit any treaty allowing US military bases to remain in the Philippines to the people for approval. "I believe in consultation. I would like to consult with the Filipino people what are their views74 words
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Article41 1991-03-18 1 US PRESIDENT George Bush is to visit Israel but no date has been set. Transport Minister Moshe Katsav said yesterday. Local press reports speak of an April visit but neither Israeli nor US officials could confirm them.41 words
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Article38 1991-03-18 1 LOCAL bookshop chains are striking out into the booming economies of the region in anticipation of a shakeout in the $100-million a year market at home. Leading the pack is Times The Bookshop. Page 238 words
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Article33 1991-03-18 1 GOVERNOR Adrianus Mooy of the Indonesian central bank recently spelled out the problems that followed the country's economic success and announced a package of deregulation measures affecting banks Page 833 words
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Article30 1991-03-18 1 THE US Federal Reserve needs two key ingredients to lower interest rates again signs of post-war economic weakness and a healthy bond market response, economists said Page 1030 words
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Article25 1991-03-18 1 Although Singapore has become a capital-exporting country, as a society, we may not yet have caught up with this economic reality Page 1225 words
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Article36 1991-03-18 1 IFC music director Nick Richardson speaks about his forthcoming Mozart concerts to P Y Van. Also in the Arts Page: reviews of the Singapore Dance Theatre, Gothenburg Sinfonietta and the SSO Page 1736 words
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Article29 1991-03-18 1 CEBU AIR will soon get the go-ahead to operate the Philippines' second scheduled international airline. An initial destination could be Singapore. Shipping Times Page 129 words
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MARKETS SUMMARY
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Article39 1991-03-18 1 ACMA's link to the Dharmala group, through the takeover of Gold Coin, will give Acma access to resource-rich and populous Indonesia where it can market its products and relocate some of its labour-inten-sive operations Page 339 words
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Article21 1991-03-18 1 SEMBAWANG Engineering's Thai arm has won its first contract from the Petroleum Authority of Thailand Page 321 words
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Article34 1991-03-18 1 THE decision to limit to 10 the number of broking firms eligible for listing on the KLSE main board may see more stockbroking firms being corporatised or merged. Page 334 words
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Article45 1991-03-18 1 NCR CORP chief executive said his resistance to American Telephone and Telegraph Co's effort to buy NCR has not changed, and that he is more than willing to work for another year if necessary to prove that NCR can remain independent PageS45 words
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Article33 1991-03-18 1 THE Bank of Spain has cut its benchmark intervention rate, prompting widespread speculation that other members of the European Community's Exchange Rate Mechanism (ERM) could follow suit soon Page 633 words
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Article, Illustration27 1991-03-18 1 Friday Change BT-MGA 742.95 +3.41 Kuala Lumpur ....599.85 +5.62 Hongkong 3,722.39 +94.48 Tokyo 26,843.10 +300.77 Svdney 1,444.2 +7.5 New York 2,948.27 -3.96 London 2,494.2 -6.427 words
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Article21 1991-03-18 1 Exchange rates USS SSI.7510 100 Yen SS 1.2842 MS SS0.6399 Money market rates Overnight 4 3/8 3/8 3-month 4-5/8 unch21 words
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Article37 1991-03-18 1 London Gold AM fix USS363.60 -USS2.10 Rubber S'pore Apr 146.50*/kg +0.50 M'sia Apr 229.00*/kg unch KL Tin Turnover 30 tonnes -16 Spot MS 14.87/kg -0.6 Crude palm oil Turnover 1,340 lots +919 Apr MS858 /tonne -437 words
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529 1991-03-18 1 Anna Teo - By Anna Teo BANKRUPTS may be automatically discharged after a fixed period under the provisions of a new Insolvency Bill modelled after the English Insolvency Act 1986 and expected to be tabled within a few months. The proposed bill revamping Singapore's529 words
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229 1991-03-18 1 THE proposed Insolvency Bill is expected to open the field of insolvency, now largely the domain of accountants, to other professionals such as lawyers. Currently, only the Official Receiver or an approved company auditor can act as a receiver for an insolvent company.229 words
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471 1991-03-18 1 Schutz Lee - By Schutz Lee THE Economic Development Board would like to see its former employees tap each other's brains and experience. Or, to use business school jargon, to network. The EDB Society, proposed in 1988 and to be launched on March 26, will471 words
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344 1991-03-18 1 AFP SCORES of foreign firms from South-east Asia, Australia and New Zealand, who have invested in Fiji under its tax-free zone scheme, claim the government is breaking its word on concessions. In a government-commis-sioned report, the investors said they wereAFP - 344 words
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241 1991-03-18 1 UPI FORMER deputy prime minister General Chavalit Yongchaiyudh has warned military coup leaders against making major changes in the Thai political system in one of the first signs of opposition to the military's plans by a senior politician. In a letter to the National Peace-keepingUPI - 241 words
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244 1991-03-18 1 Reuter SOUTH-EAST Asian officials have declined to endorse a Malaysian proposal to form a new trade group in the region, at least not until after further discussions. "We did not to endorse it," Indonesian trade ministry spokesman Suprapto told reporters on Saturday night afterReuter - 244 words
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Page 1 Advertisements
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Advertisement113 1991-03-18 1 EXECUTIVE PLACEMENTS g *****62 Aircraft Schedule 25 Money Changer Rates 25 VKeather 25 Commodities 24 Money Market 23 World News 10 Cryptic Crossword 25 Regional Co News 4 p w market indices, editorial, Editorial 12 Regional News 8 advertising and circulation exFinancial News 6 Market Reviews -20 tensions, call Business113 words
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Advertisement151 1991-03-18 1 The best just keep getting better... and better... PC 1 MAGAZ'NE rZZZ+Z*' HIXjI brother: PflM pgtofw .Systems 743-aooo HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. You151 words
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HOME NEWS
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NEWS ROUNDUP
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117 1991-03-18 2 A HIGH-LEVEL Indian committee plans to ask the government to allow Indian Singaporeans to make monthly contributions from their Central Provident Fund accounts to fund educational projects targetted at the Indian community. The Action Committee on Indian Education, which aims to resolve the problem117 words
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Article134 1991-03-18 2 WITH the Gulf War over, and the full extent of the Kuwaitis' suffering coming to light, Malay/Muslim perception of the Middle East hostilities may have changed, said Dr Ahmad Mattar, the Minister in Charge of Muslim Affairs, last Saturday. The minister was referring to the findings of The134 words
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Article94 1991-03-18 2 THE Singapore Armed Forces (SAF) medical team's performance in the Gulf has helped create greater confidence in the ability of the men, ammunition, and machinery of Singapore's peace-time army to respond when the need arises, said Dr Lee Boon Yang, the Senior Minister of State for94 words
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Article80 1991-03-18 2 US-BASED United Parcel Service (UPS) has launched a new worldwide service for businesses which require a fast but less costly means of forwarding sizeable shipments. Called the Worldwide Expedited Package Service, it features scheduled transit time two days longer than air express service at rates 2080 words
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Article88 1991-03-18 2 MOTORING enthusiasts can start to register for one of the most exciting car rallies in Singapore the Mobil Yokohama Tour de Singapour Rallye. The rally, organised by the Singapore Motor Sports Club, will take place from April 13 to April 15. The event will cover about 8088 words
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Article, Illustration410 1991-03-18 2 Chuang Peck Ming - Local scene unlikely to witness new editions By Chuang Peck Ming LOCAL bookshop chains are striking out into the booming economies of the region in anticipation of a shakeout in the $100-million-plus a year market at home. They have opened shops and are extending their chains410 words
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Article, Illustration370 1991-03-18 2 Claire Leow - By Claire Leow RESPONDING to government efforts to promote the latest in information technology (IT), Dutch electronic giant Philips has launched its range of image-processing technology equipment here. Imaging technology means the storing of paper documents in digital form to allow for370 words
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278 1991-03-18 2 Chitra Rajaram - By Chitra Rajaram FUJI XEROX, which is known for its Xerox machines, is planning to set up a software development centre here to meet the growing use of work stations. In an interview with BT, Akira Yokota, chief executive officer of278 words
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Page 2 Advertisements
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Advertisement201 1991-03-18 2 ai i jccessful meeting JUST BRING YOURSELF. It's time for a well arranged banquet Even if it's your seminar or conference that we are organising, you can leave it to us to handle everything. You just sit back, relax and bask in the success of it all. Whatever the function,201 words
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Advertisement224 1991-03-18 2 IfellMlP I I D«/>L im A INTERNATIONAL LOCAL MOVING I IUVIUTw OFFICE FACTORY REMOVALS DOCUMENT STORAGE RETRIEVAL service A WAREHOUSING ALL RISKS INSURANCE m EMPLOYEE-OWNED BUSINESS I Jp-wj TURNOVER Sss BILLION SISTER COMPANIES SELECTED ALLIED VAN LINES AGENTS IN EVERY CITIES A THE WORLD'S LARGEST REMOVAL COMPANY Rp I s224 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration498 1991-03-18 3 William Chia - Tie-up opens up opportunities in Indonesia for Acma By William Chia AMONG the hottest corporate news last week was Acma's proposed takeover of Gold Coin Ltd and the surfacing of the Indonesian Dharmala group as the party taking a 20 per498 words
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Article, Illustration216 1991-03-18 3 SEMBAWANG Engineering's Thai arm has clinched its first contract from the Petroleum Authority of Thailand (PTT). The $5 million project involves the supply of a 2,000cubic metre liquefied petroleum gas (LPG) spherical tank and associated facilities such as piping. The tank is in216 words
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597 1991-03-18 3 Effect of move to limit listing on KLSE MBT THE decision to limit to 10 the number of stockbroking companies eligible for listing on the Kuala Lumpur Stock Exchange main board may see more stockbroking firms being corporatised or merged. Stockbrokers contacted atMBT - 597 words
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423 1991-03-18 3 MBT MALAYSIAN Resources Corp (MRC) has proposed a capital restructuring exercise involving a capital reduction, following the implementation of the debt conversion scheme proposed earlier. MRC completed an earlier revamp in 1989. which also involved reducing its capital. D&C Mitsui Merchant Banker said onMBT - 423 words
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Article, Illustration207 1991-03-18 3 THE sale of its Alexandra Road property will reduce SPP Ltd's recurrent earnings by $160,000 a year but would improve the group's cash position and boost its working capital. This was stated in a circular to shareholders last Friday relating to the sale of207 words
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Article261 1991-03-18 3 DESPITE the Gulf crisis and its negative impact on the tourist industry last year, Hotel Negara managed to achieve a 45 per cent increase in after-tax profit to $1.10 million for the year ended Dec 31,1990, as compared to $755,955 for the same period261 words
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COMPANY BRIEFS
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81 1991-03-18 3 MALAYSIA Mining Corp (MMC) said a wholly-owned subsidiary, MMC Marketing, has formed a joint venture company called Seginiaga (M) to manufacture weather strips, wiper drums and window regulators. Replying to a query by the Kuala Lumpur Stock Exchange. MMC said MMC Marketing holds a81 words
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Article59 1991-03-18 3 OCBC Bank has increased its shareholding in the United Malacca Rubber Estates Bhd (UMRE) by 6.14 million shares through a bonus issue of 9.22 million shares as at Feb 22, 1991. The UMRE two-for-one bonus issue also saw the Great Eastern Life Assurance Co Ltd59 words
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65 1991-03-18 3 SAMANDA Holdings said its proposed disposal of 450.000 shares of MSI (550.63) each in Nationwide Express Courier Services was due to the attractive price otTered. The principal activity of Nationwide is the provision of courier services and Samanda did not participate in the daily management of65 words
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Article106 1991-03-18 3 TIME Engineering Bhd has obtained all necessary approvals for its proposed acquisition of 9.8 million Class B ordinary shares, or 49 per cent of the paid-up capital of Cclcom Sdn Bhd. The Capital Issues Committee's approval of the proposed acquisition was conditional upon Cclcom maintaining only106 words
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Article51 1991-03-18 3 PALM OIL company TDM is planning a two-phase restructuring schcmc aimed at enlarging its capital base, chairman Mohd Adib Awang Noh said after the company's annual general meeting last Friday. D&C Merchant Bank was appointed in July last year to prepare a report on options available to51 words
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Article32 1991-03-18 3 KUOK (Singapore) Ltd has reduced its stake in Pan Malaysia Rubber Industries Bhd to 5.29 million shares, following the disposal of 7.000 shares on March 6, 1991.32 words
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Article43 1991-03-18 3 PJ DEVELOPMENT Holdings Bhd has increased its shareholdings in Duff Bhd to 15.67 million shares as at March 7, 1991. This followed purchases in the open market of another 190.000 shares between March 6 and 7, 1991.43 words
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Article60 1991-03-18 3 EDARAN Otomobil Nasional Bhd (EON) has rcceivcd the green light from the Capital Issues Committee for its proposed onc-for-two bonus issue of 60 million shares of Msl (550.63) each. The completion of the issue is now pending the approval of the company's shareholders at an60 words
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Page 3 Advertisements
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Advertisement86 1991-03-18 3 The alternative. J l ANA HOTEL SINGAPORE i \\\l M l-'s This announcement appears as a mailer of record onl\ 00 TAMARA GROUP P.T. PANTORU MAS (owner and developer of Tamara Centre) Syndicated Facility of U5524,000,000 Risk Participants Deutsche Rank A(», Jakarta Branch The Hongkong Shanghai Ranking Corporation Limited, Jakarta86 words
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REGIONAL COMPANY NEWS
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500 1991-03-18 4 Chatichai Cabinet's decision under review THAI Industry Minister Sippanonda Ketuda is noncommittal on whether he will propose any change in the former Chatichai Cabinet's resolution on the two oil refinery projects planned by Shell and Caltex, under which both were slated for500 words
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Article, Illustration551 1991-03-18 4 Reuter HONGKONG property developer Hopewell Holdings Ltd is studying a series of proposals to raise funds from the Hongkong stock market, managing director Gordon Wu said in an interview. The fund raising programme is aimed at meeting the need toReuter - 551 words
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172 1991-03-18 4 Reuter JAPAN'S ailing Janome Sewing Machine Co Ltd unveiled a restructuring plan on Friday, including asset sales of 43.5 billion yen (***** million) aimed at easing the company's debt burden. Janome president Masami Okumura told a news conference that the plan would enable theReuter - 172 words
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COMPANY BRIEFS
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98 1991-03-18 4 SOUTH KOREA has decided to approve applications by four securities firms to open branches in Seoul but will hold off on five others, including all four Japanese companies, Ministry of Finance (MOF) and industry sources said. The MOF will send "letters of welcome"98 words
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Article77 1991-03-18 4 ROTHMANS International pic unit Rothmans International Tobacco Ltd has signed a joint venture agreement with the state-run China National Tobacco Corp to produce Rothmans and Dunhill brand cigarettes for domestic consumption and export, the China News Service said. The Beijing-funded agency said 80,000 acres of77 words
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Article107 1991-03-18 4 A NEW ZEALAND fishing company said on Friday it had ordered its boats out of an area being fished by Taiwan drift-netters, whom he accused of endangering lives. Skeggs Seafoods fleet manager Gary Levy said skippers of New Zealand and US albacore tuna vessels recently107 words
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Article53 1991-03-18 4 COCA-COLA Amatil Ltd is actively pursuing new markets in eastern Europe and South-east Asia, chairman Dean Wills said. He said the company, which has 10 beverage franchises in Austria, was looking to enter into the eastern European markets, and that attempts to break into the Indonesian53 words
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Page 4 Advertisements
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Advertisement296 1991-03-18 4 good ideas keep coming up sharp "''Tin *:>'* '''-'V■.:•.'' *f- j?|!£y I^^V*'^ "5" ;ra£ j r 1 v~ v v. v vr-. K- *'g A' *>■ v 'V,y.- :?:•-*•>• •■->-> -,%v,. Doesnl tkat ten you sanutluug about our quality? At the heart of many laser printers is an important Compatible296 words
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Advertisement80 1991-03-18 4 MVmml 111 V |Sffi|%|%l I ■uTll^|iV3nn^^H FOR SALE PRIME FREEHOLD FACTORY/WAREHOUSE I 100E PASIR PAN.tANti ROADI j j J^j #r N 3!o 151 N*N*-| 7 >. l<Hl OWHkH»r» \^<l Strategically located Site/Building Details within "Singapore p art vp art 4 storey j Distrihelt building with 8 Freehold Title. To he80 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration512 1991-03-18 5 Exley ready to work with AT&T's nominees if they win seats Reuter NCR CORP chief executive Charles Exley said his resistance to American Telephone and Telegraph Co's effort to buy NCR has not changed, and that, on the contrary, he is more than willing toReuter - 512 words
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362 1991-03-18 5 Reuter VOLKSWAGEN AG (VW), in the midst of a massive strategic expansion into Eastern Europe, said it plans to finance its push into these, and other new markets, without a capital rise. Management board chairman Carl Hahn told reporters a capital increase would notReuter - 362 words
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264 1991-03-18 5 Reuter BELGIUM would probably sell oIY its majority stake in the country's loss-making airline Sabena. but the firm first needed a costly facelift, Transport Minister Jean-Luc Dehaene was quoted on Friday as saying. It was like trying to turn an old lady into anReuter - 264 words
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277 1991-03-18 5 Reuter THE DISRUPTION caused by the creation of Siemens Nixdorf Informationssysteme AG (SNI) in what was Europe's biggest computer merger is the main reason behind an expected loss this year, not the slowdown in the marketplace, president HansDieter Wiedig said. The restReuter - 277 words
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COMPANY BRIEFS
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84 1991-03-18 5 PARAMOUNT Pictures said it has formed a new partnership with MCA lnc and TVN Entertainment Corp. a satellite movie venture, to expand transmission of satellite dish movies to households. TVN Entertainment Corp. the Santa Monica, California-based venture, has been airing satellite programmes to84 words
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Article99 1991-03-18 5 FRENCH supermarket group Casino's 1990 net dividend may be slightly below 1989's six francs (551.90), Casino chairman Antoine Guichard said. The 1990 dividend "may be slightly lower" Mr Guichard said in a brief telephone interview. "There is no question of omitting our dividend." he added. Traders99 words
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Article93 1991-03-18 5 FALCON Cable Systems Inc said it cut its quarterly distribution to 21 US cents (37 Singapore cents) per unit from 53.75 cents previously, payable on May 15 to holders of record March 31. It said it cut the payout to maintain liquidity for operations and93 words
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Article140 1991-03-18 5 ISTANBUL'S emerging stock exchange, depressed by lack of trading space and automation amid soaring activity, will limit the number of brokerage houses in the coming weeks, exchange officials said. Twenty-seven new brokerage houses have been set up in the past few months, bringing the total number140 words
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Article118 1991-03-18 5 TWO French malt houses, Malteries Franco-Beiges and Malteries Chevalier Martin, have linked to face up to worldwide concentration among their clients in the brewing industry. France's second largest malting Malteries Franco-Beiges, a unit of milling group Grands Moulins de Pantin, said it now holds118 words
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Page 5 Advertisements
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Advertisement105 1991-03-18 5 STERLING HAS TURNED FURNISHING YOUR HOME INTO AN HISTORICAL OCCASION At Sterling, we have classic furniture for today's lifestyle. Complete with a wealth of details styled in the finest tradition during the American Colonial period. All lovingly crafted /V I "L'TJ T in solid hardwoods and beautifully finished in rich105 words
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FINANCIAL NEWS
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SMALL CHANGE
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109 1991-03-18 6 THE US Federal Resolution Trust Corp said it was arranging the bail-out of Security Savings and Loan Association of Scottsdale, Arizona in a deal that will cost taxpayers some US$BOO million (SSI.4 billion). The agency said all insured deposits totalling $874 million would109 words
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Article85 1991-03-18 6 DUTCH cooperative bank Rabobank BA has signed a cooperation agreement with Lloyds Bank that will allow its customers to use Lloyds' UK branches and vice versa. The agreement involves no financial relationship. Rabobank has similar links with France's Credit Agricole and Spain's Banco Popular Espanol as85 words
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Article81 1991-03-18 6 MITSUBISHI CORP will form a tie-up with Hambros Bank Ltd, a unit of British merchant banking group Hambros pic, to invest in US venture capital firms, a Mitsubishi spokesman said. Mitsubishi and New York-based Hambro International Equity Partners, a Hambros Bank unit, will launch a81 words
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Article81 1991-03-18 6 TURKISH central bank chief Rusdu Saracoglu applied to the Finance Ministry to lift a 0.1 per cent banking tax for all kinds of foreign exchange arbitrage sales, Istanbul bankers said. The secretary general of the Banks Association, Ustan Sanver, told the banks in a81 words
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837 1991-03-18 6 IHT THE Bank of Spain cut its benchmark intervention rate to 13.5 per cent from 14.5 per cent on Friday, prompting widespread speculation that other members of the European Community's Exchange Rate Mechanism (ERM), in particular Britain. Italy and France, could follow suit soon. TheIHT - 837 words
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286 1991-03-18 6 Reuter MALAYSIAN authorities have approved the merger of Bank of Commerce Bhd (BCB) and United Asian Bank Bhd (UAB), BCB's advisers said on Saturday. Commerce International Merchant Bankers Bhd (CIMB) said approvals were given by the Foreign Investment Committee and the Capital IssuesReuter - 286 words
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Article, Illustration595 1991-03-18 6 Reuter KUWAIT will probably seek to re-establish its new dinar close to prc-invasion levels to ensure continuity in the banking system and to counter imported inflation, bankers said. "I see no reason why it shouldn't go back at the previousReuter - 595 words
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Page 6 Advertisements
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Advertisement206 1991-03-18 6 We've brought one of the world's most fomous componies ocross borders, just think what we could do for yours... There are few dance companies as celebrated and of international banking services, including: recognised for excellence as Moscow's famous Bolshoi n Ballet. That's why we sponsored their performance in ra j'*!?.206 words
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Advertisement137 1991-03-18 6 I Bill Dun Bradslrcct I MHO liilcn rational I i NIW RELEASE BY g INDUSTRY NORMS RATIOS I REPORTS I Electronics Manufacturing Industry I Electronics Wholesale Industry I Computer Hardware Peripherals Manufacturing Industry I Computer Hardware Peripherals Wholesale Industry I Electrical Manufacturing Industry I Electrical Wholesale industry I Industrial Machinery137 words
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Page 6 Miscellaneous
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Page 7 Advertisements
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Advertisement177 1991-03-18 7 ml Bu y i the most j r^qweliable torn pcl A get < —>> the popular FREE. I j For the first time ever, when you buy HP Vectra will also be able to select from HP's family of Powerful PCs. Priceless Printers. PCs, you get HP printers free. Vectra177 words
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THE REGION
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NOTE BOOK
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95 1991-03-18 8 SOUTH KOREA'S seven large energy-related firms are strongly interested in a joint venture to explore the Big Bear oil field off the Vietnamese coast, industry sources said in Seoul yesterday. Representatives of Hyundai, Daewoo, LuckyGoldstar, Yukong, Ssangyong, Daesung and the state-run Korea95 words
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Article99 1991-03-18 8 THE Indonesian government has launched an investigation to find out who is responsible for a calendar caricaturing its handling of land disputes, according to press reports in Jakarta on Saturday. The Angkatan Bersenjata daily newspaper quoted Mr Sudomo, Co-ordinating Minister for Political and Security Affairs, as99 words
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Article72 1991-03-18 8 NINETY-NINE housekeepers have quit Hongkong's awardwinning Mandarin Oriental Hotel after failing to get two managers sacked for criticising their work. A hotel spokeswoman said yesterday that talks between the two sides broke down late on Saturday. "The hotel is just trying to make sure the guests72 words
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Article80 1991-03-18 8 PHILIPPINE officials fear an assassination attempt on former First Lady Imelda Marcos if she is allowed to return home, and are preparing to provide her with security, press reports said in Manila yesterday. Newspapers quoted President Corazon Aquino's national security adviser, Rafael Ileto, as saying that80 words
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Article114 1991-03-18 8 PHILIPPINE Defence Secretary Fidel Ramos praised the local ethnic Chinese community in Manila on Saturday for their contributions to the Philippine economy, culture and the early nationalist movement. "Filipino-Chinese have contributed enormously to the vitality of this nation over the centuries because of their skills in114 words
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77 1991-03-18 8 MALAYSIA has detained 56 Indonesians for entering the country illegally, police said yesterday. The group, including 10 women, were detained on Thursday by immigration authorities in Johor after arriving by speedboat from Indonesia's Riau islands, Bernama news agency quoted marine police as saying. Since January,77 words
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753 1991-03-18 8 Maggie Ford - From Maggie Ford in JAKARTA INDONESIA is a deregulator's dream. Where else could a banking and capital market deregulation package produce 1,753 new bank offices in a year, and a rise in listed companies from 25 to more than 150 in 18 months? But753 words
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433 1991-03-18 8 THE HONGKONG High Court has issued an unprecedented judgement which could be a crucial test of China's respect for foreign rulings in business disputes, said a South China Morning Post report. In the action, nine foreign banks defeated a mainland Chinese financial433 words
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Article, Illustration466 1991-03-18 8 THE Thai Bankers Association (TBA) will abandon its role as a "price-fixer" for the banking system by allowing members to determine their own pricing formulae in line with prevailing market conditions, The Nation newspaper has reported. Tarrin Nimmanhaeminda, the newly-elected chairman of TBA466 words
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Article782 1991-03-18 8 Asian nations cautioned against over-optimism over economic growth AFP MOST Asian nations expect the rapid end of the Gulf war to provide a boost to their economies but they should not look for miracles, economists warned. Hongkongßank's chief economist Alan McLean said the warAFP - 782 words
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Page 8 Advertisements
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Advertisement266 1991-03-18 8 A ■lib—tmam ■■■■MM 8 Short Term Share Financing Easy, flexible speedy Up to 3 months period Immediate cash Available at all our offices A SING INVESTMENTS FINANCE LIMITED Head Office :96 Robinson Road. SIF Building S(0106) Tel: *****96 \CTp/ Branches: /MacPherson branch -27 Tai Thong Crescent S( 1334) Tel: *****55266 words
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Advertisement80 1991-03-18 8 Importers Directory edition 1991 is available now. The directory covers approximately 400 pages pHr consisting of laws and regulations on investment, Br banking, taxation, general import procedures, lists of II Importers with related products and other important trade fl wk information. This directory can be obtained at USD.IOO.OO, per fl80 words
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Page 9 Advertisements
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Advertisement326 1991-03-18 9 H IMB X_W» l 1 1 1 o > Extend \our Line of Thinking With Incremental Levels of Power. The NCR System 3000 Family of Scalable Processors. and an extensive set of existing applications, tools and periMicroprocessor technology has reduced the cost of processing pherals. In fact, this system will326 words
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THE WORLD
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WORLD WATCH
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118 1991-03-18 10 THE GROUP of Seven major industrial countries is thinking about extending the group's field of action to encourage savings, after several years of what members view as effective cooperation to stabilise currencies and reduce external imbalances, officials close to the group say. The118 words
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Article55 1991-03-18 10 JAPAN and the United States have agreed to call on European industrialised countries to deny super-computer exports to countries which have not ratified the nuclear non-proliferation treaty, government sources said yesterday. The agreement was reached during bilateral Japan-US talks on the super-computer trade, which ended in55 words
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Article68 1991-03-18 10 CHINA is to set up 20 special zones to encourage high technology, the official China Daily said yesterday. The new zones will be based on the special economic zones in south China, which have attracted foreign investment with preferential laws and regulations. The newspaper said the State68 words
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Article62 1991-03-18 10 CHINA wants to export skilled workers to Japan under Beijing government supervision, a Japanese economic daily said yesterday. The Nihon Keizai Shimbun quoted Japanese Foreign Ministry sources as saying Beijing hoped to send workers after they had been trained in job skills and Japanese62 words
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Article87 1991-03-18 10 US CARMAKER General Motors (GM) plans to invest US$l billion (S$ 1.75 billion) in its Brazilian subsidiary over the next five years, a senior GM official said in Brazilia on Friday. John Smith, GM's vice-chairman and international operations chief, said he announced the investment87 words
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Article88 1991-03-18 10 THE WORLD BANK, acting with US approval, has granted its first loan to Iran since 1978, the year before the Islamic revolution that toppled the Shah and led to the sacking of the US embassy in Teheran, it was announced on Friday. The bank said88 words
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516 1991-03-18 10 Reuter TAIWAN'S stock brokerages, which sprang up with lightning speed and made big profits during the market boom of the late 1980s, are now struggling to cope with a deep and prolonged slump. "The stock market has lost its lustre in terms of profitability," saidReuter - 516 words
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423 1991-03-18 10 Reuter THE US Federal Reserve needs two key ingredients to lower interest rates again signs of post-war economic weakness and a healthy bond market response, economists said. On March 8, the Fed eased its federal funds rate target 25 basis pointsReuter - 423 words
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Article, Illustration321 1991-03-18 10 Reuter RAJIV GANDHI told a quarter of a million cheering supporters that the minority parties which ousted his Congress government in 1989 were to blame for India's current economic problems. "India cannot afford to go through the misrule experienced during the last 15 months,"Reuter - 321 words
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173 1991-03-18 10 Reuter FRENCH Foreign Affairs Minister Roland Dumas said on Saturday that support was growing in the wake of the Gulf War for a Venezuelan plan for an international conference of oil producers and consumers. He told a news conference during a one-day official visitReuter - 173 words
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377 1991-03-18 10 Reuter GERMANS fear becoming economic casualties of the peace now that the Gulf War is over and US troop withdrawals from Europe are picking up speed. Businesses from bars to video stores face bankruptcy when US bases close, deserting German townsReuter - 377 words
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333 1991-03-18 10 AFP THE 1991-92 British budget, to be introduced tomorrow in the House of Commons, will contain some small tax cuts for low-income workers a few months before possible general elections, City analysts say. And they add that the budget will also mark theAFP - 333 words
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511 1991-03-18 10 Reuter CHINA'S boom-bust economy is booming again. Production, consumption, wages and bonuses are all sharply higher, but inflation, brought under control last year, is rising again, official reports said. The official media called the data good news, but some economists saidReuter - 511 words
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Page 10 Advertisements
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Advertisement173 1991-03-18 10 NOTICES ALLIED HEALTH PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 50 the Final Meeting of Members of i the Company will be held on Friday 19th April, 1991173 words
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Advertisement244 1991-03-18 10 M THE MATTER OP THE COMPANIES ACT, CHAPTER SO, ANO M THE MATTER OP FALSTER-LINK CHARTERINQ PTE LTD \in Hramiitrv Voluntary Liquidation) FINAL MEETMQ NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter SO, thai the FINAL MEETING of the Members of the abovenamed Compeny will244 words
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Advertisement244 1991-03-18 10 M THE MATTER OP THE COMPANIES ACT, CHAPTER 50, ANO M THE MATTER OP FALSTER-UNK SHIPPING PIE LID (In Membeca' Voluntary Liquidation) FINAL MEETMQ NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, that the FINAL MEETING of the Members of the abovenamed Company wiM244 words
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Advertisement249 1991-03-18 10 M THE MATTER OF THE COMPANIES ACT, CHAPTER SO, ANO M THE MATTER OP TRAVEMUNQt-PNK I SHIPPING PTE LTD (In Members' Voluntary Liquidation) FINAL MEETMQ NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, that the FINAL MEETING of the Members of the abovenemed Company249 words
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Advertisement248 1991-03-18 10 M -me MATTER O" THE COMPANIES ACT, CHAPTER SO, AND M THE MATTER OP TRAVEMUNDE-UNK I CHARTERING PTE LTD (In MwiMn' Voluntary Liquidation) PINAL MEETMO NOTICE IS HEREBY GIVEN, pursuant to Saction 306 of the Companies Act. Chapter SO, that tha FINAL MEETING of tha Members of tha abovanamed Company248 words
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Advertisement155 1991-03-18 10 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to clopaiiStifim, JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price155 words
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Page 11 Advertisements
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Advertisement702 1991-03-18 11 Singmarine delivers yet another vessel on schedule to Lutheran Shipping Singmarine Industries Limited (Singmarine), through its subsidiary, Singmarine Dockyard Engineering f. r Pte Ltd (Singmarine Dockyard) is pleased to deliver a 59-metre cargo container vessel to Lutheran Shipping of Papua New Guinea today. The delivery of this vessel on schedule702 words
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ANALYSIS
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Article, Illustration1373 1991-03-18 12 Lee Tsao Yuan - Fact: Singapore has become a capital-exporting country. But Lee Tsao Yuan feels that maybe, as a society, we still haven t caught up with economic reality Lee Tsao Yuan Lee Tsao Yuan, an economist, is deputy director of the Institute of Policyu Studies. This article1,373 words
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692 1991-03-18 12 How much can the battered nation pay and who gets first crack? B ASSAM JAMMAL figures he has already made his contribution to rebuilding Iraq. Not long after Saddam Hussein's tanks rolled into Kuwait last August, some US$3 million of Jammal's plywood, steel692 words
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Page 12 Advertisements
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Advertisement131 1991-03-18 12 MIX 200 YEARS QF AMERICAN HISTORY AND CULTURES AND YOU'LL HAVE THE THE NEW ORLEANS. The New ft ns specialises in the exciting New Wave American cuisine plus tfltti aditional Cajun and Cradle cuisine for which The New Orleans i reated a reputation. Whether you want the taste of French-AmeriSS131 words
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Page 12 Miscellaneous
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Miscellaneous53 1991-03-18 12 DOONESBURY BY GARRY TRUDEAU SO WHAT'S IUSePTOBtIN m y SURB'IMSAN THATsX THE FUTURE a %S?ON SHOW BUSINE&S. BUT pQ N >j WHAT YOU'VE BEEN iH WU, BE Sj HOW FOR QUESTION... PUNNO ANYMORE-. m 0 A DOING HERB, RJ6HT? £T vou,eer- war makes every- am cop 7 poucework? it's man...53 words
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ENTERPRISE & MANAGEMENT
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Article, Illustration1164 1991-03-18 13 Choosing and grooming an heir to their throne is one of the most important tasks facing chief executives of large companies. This article takes a look at the various ways of picking an heir The Economist PICKING a successor is often the mostThe Economist - 1,164 words
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Article241 1991-03-18 13 Seminars and courses Duration Title Venue Organiser Tel Mar 19-21 Strategic ANA Hotel Eastern *****64 Marketing Consulting Positioning Group Mar 20 Banking Seminar Westin Hotel Ernst Young *****77 (in Japanese Minto Room English) Mar 21 Course on SMA House SMA *****87 May 7 Motivation Communication Mar 21-22 Time Management241 words
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341 1991-03-18 13 NYT JOHN HANSON, vice-president of human resources at Parker Hannifin Corp, recently gave copies of Keeping the Best. Martin Yate's book on motivating employees, to about 40 of the industrial component manufacturer's managers. "The book says that the first step in satisfyingNYT - 341 words
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Article, Illustration442 1991-03-18 13 Christopher Reed - Christopher Reed looks at the reasons for the decline in competitiveness in US research efforts Christopher Reed AMERICA'S research managers think the decline of the nation's technical competitiveness is the fault of their bosses, a survey has found. The US National Science Board withPunch - 442 words
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Page 13 Advertisements
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Advertisement161 1991-03-18 13 Management Consultancy S|# I T r 1/ Seminars And Training Rill I Business Assistance 11 I L L I mm 11 Manpower Recruitment CONSULT A N 1 S Business Centre Direct Mailing Our principals are an internationally renowned corporate training organisation with J state-of-the-art training programmes in the fields of161 words
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Advertisement94 1991-03-18 13 DISTRIPARK —I L -.TT^TXi; MODERN DISTRIPARK THAT INCORPORATES r' N s TOTAL SERVICE o%rzz^*»o I v 3-Storey warehouse complex incorporating 5-level -j r r offices with excellent container yard /feU 1 \r\ Strategical!) located within the Jurong East TMbs Business Park J Easv acccss to PIE AYE and Jurong East94 words
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Page 14 Advertisements
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Advertisement112 1991-03-18 14 Visual Application Creation A major technology breakthrough that will change the way you think m m about computing. f* t; n pfe"' I. ••<•.. v.. "'H,- Stf- v .-.I: > v ■**.<%? v :> t rg&lg*.-* L r i.y V- r v -"^T* p J p>. v -i11'..; j* r>.112 words
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SPORTS
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Article, Illustration612 1991-03-18 15 AP AGE and injuries have not stopped him, but a downpour temporarily halted Jimmy Connors on Saturday night at the International Players Championships in Florida. Connors, 38, is coming off wrist surgery, and has not won a match in two years. The former No 1AP - 612 words
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Article, Illustration371 1991-03-18 15 Reuter TOM SIECKMANN used a run of four successive birdies on the outward nine to hold a one-shot lead part way through the third round of the rain-interrupted Nestle Invitational golf tournament in Florida on Saturday. Sieckmann was 12 under par through 12 holes onReuter - 371 words
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286 1991-03-18 15 AP MIKE TYSON's code of conduct is simple. "When anybody challenges me, I don't back off," he said. A lot of people, however, feel that Iron Mike should back off from fighting Donovan "Razor" Ruddock tonight at The Mirage in Las Vegas.AP - 286 words
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367 1991-03-18 15 Cassandra How - By Cassandra How CONSISTENCY and youthful aggression culminated in two big wins for India's Divya Merchant and New Zealand's Anthony Adams at the British Knights International Junior Tennis Championships yesterday. Both juniors were one set down before coming back to win decisively at the367 words
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SIDE LINES
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112 1991-03-18 15 MARK TEWKSBURY of Canada on Saturday became the first swimmer to set a world short course record with a time of 52.71 sec in the 100 metres backstroke in the World Cup meeting in Bonn. Tewksbury had also set the previous world best time112 words
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Article84 1991-03-18 15 DAVID FEHERTY hit a stunning 11 under par 61 in the third round of the Catalan Open on Saturday, but even that will not stop Jose Maria Olazabal from taking his first title of the year. The 32-year-old Northern Irishman equalled his own European tour record of84 words
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Article67 1991-03-18 15 UWE AMPLER of Germany won the seventh stage of the Paris-Nice cycling race on Saturday, finishing only three seconds ahead of trie Caritoux of France and Claude Criquielion of Belgium. Ampler covered the 183-km run from Toulon to Mandelieu in four hours, 21 minutes and 3267 words
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Article77 1991-03-18 15 ON THE EVE of a card featuring six fighters big in size and/or celebrity. Michael Carbajal, a little man with a growing reputation, will display his boxing wares. Carbajal was to defend the International Boxing Federation light flyweight title against Javier Varquez of Mexico in a 12-round77 words
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Page 15 Advertisements
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Advertisement47 1991-03-18 15 Omni O Marco Polo Hotel *9 Singapore z"" 7 J 3% FOR RESERV ATION v *4 j C-... i > C \L L 4 1 1 EXT 19 H > Jean-Louis Vosgien Chef de Cuisine A. f* /Z~^J OMNI HOTF L \sIA-P A C I F I C fc47 words
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Page 16 Advertisements
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Advertisement171 1991-03-18 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A 'HEAVEMLY 7 FEAST SUMPTUOUS SICHUAN CUISINE. DELICATE YANGZHOU DIANXIN. RICH PIPING HOT STEAMBOAT. LUNCH: 11.30 AM TO 2.30 PM DINNER; 6.30 PM TO 10.30 PM KING'S A MEMBKR OFCI)l HOTELS torn! *t Havelock171 words
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Advertisement317 1991-03-18 16 iniiiii ii Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil". It's all part of the menu only for Plum's Singaporean High Tea. It's a fun offering. 2.45pm-5.30pm daily.317 words
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Advertisement346 1991-03-18 16 vf y Fe&b Cafe Plaza 31 TfavuA J. Tuck into wholesome hawker fare and j! indulge in local dishes like I>asi Ysf_" Padang Bak Kut Teh andßojak plus a desserts. At only $16++ (Adult) [^Lr*Z, (Child) L Plaza Hotel />/ v ht- •A»A®coio«*r«i*»#iwiwc 'ijffl Jfer-' 1 rt.-*hkwi £Mn»iii 5y v346 words
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Advertisement298 1991-03-18 16 \f A JL Add |j|| v V Mjrvh I? 8 U -mm Lunch: Noon 2.30 pm Dinner: 7pm 10.30 pm jjgjft Adult: 36+ Adult: 545 Child below 10: SlB Child below 10: $23+ UC f serve the world to yuu at The Belvedere. QD &%mptp&r I* ike traiitiM ol twstnn298 words
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Page 16 Miscellaneous
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Miscellaneous915 1991-03-18 16 TELEVISION AND RADIO r A A 1 A COT 10 ®-®5 Mai Mat Yoyo (Children. M) 5.50 Waktu Berbuka Puasa. nnciticcc ruj DAmn I U/% y\ IIOU niTIOTAl 4 6.35 Best of Disney The New 6.00 Regional News i M). SUbINbSS UN HAIKU JL llv 1 Vlll3 LI dllcu X915 words
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THE ARTS
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Article, Illustration965 1991-03-18 17 P Y Van - International Festival Chorus music director Nick Richardson speaks about his forthcoming Mozart concerts to P Y Van P Y Van MUSIC written by Mozart in the last year of Ms life will be the focus of the International Festival Chorus* (IFC) two concerts this weekend at the965 words
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Article, Illustration539 1991-03-18 17 Lisa Lee - The Singapore Dance Theatre surprises and delights Lisa Let Lisa Lee LAST Thursday and Friday's Jack and the Beanstalk programme presented by the Singapore Dance Theatre was one that left you feeling so glad you didn't miss it. After taking instructions from a host of choreographers from539 words
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Article482 1991-03-18 17 P Y Van - P Y Van reviews the concerts given by the Gothenburg Sinfonietta and the SSO P Y Van THE combined forces of the Singapore Symphony Orchestra and Chorus amassed under the command of the SSO's assistant conductor Lim Yau on Friday night for a light-heart-ed Familiar Favourites concert,482 words
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Article, Illustration655 1991-03-18 17 SWEDEN'S 100-strong Gothenburg Symphony Orchestra (GSO) was to have given a concert at the Victoria Concert Hall on Saturday night, but the uncertain international climate over the past few months resulted in a reduced number of GSO musicians touring Asia, and a subsequent complete change in655 words
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Page 17 Advertisements
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Advertisement292 1991-03-18 17 AND ENTERTAIN P Who Says You Cant Mix Business With Pleasure? I ■■■k ;sfcubfrtm (^rUl I MONDAY I FRIDAY. I 12 NOON TO 2.JCPM.S3I.X I CMN V PER PERSON. I At Hubertus Grill, the Businessman's I Buffet Luncheon offers you the opportunity I to enjoy a sumptuous appetiser and dessert292 words
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Advertisement46 1991-03-18 17 |^^^B^ :^BH^lßl^Wßy^lWßß^PM^^^pliiß(il^M^B The freshest, liveliest seafood place in town. Tou'll Kave to go a long way to find seafood -j. any fresher. Lunch: 12 noon 2.30 pm. Except Sunday. Dinner: 6.30pm 11.00pm. LHtHF Sf Afool) PI *1 F ItVFIJ THF P\N Ml UK MOIFI MNI.tPDIE M\RINA46 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration5520 1991-03-18 18 Genevieve Cua - By Genevieve Cua CAUTIOUS TRADING took oyer last week as the market backtracked in what many described as a healthy and longoverdue correction. During the week, profit-taking alternated with buying in both index-linked and speculative Malaysian counters. Prices of blue-chip shares firmed up later5,520 words
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Article4126 1991-03-18 19 Main Board SPl Foreign 416 80 *22.5% SPt 50* MM) +35 +21 9% l>BS 1210 t 50 4 3% Ac ma 2M) +40 19 0% BAT 21* 182 ♦34 +9.8% S Aerospace I 28? 30 +11 7% SSt 25' 207 +28 15.6% Prima 605 +254,126 words
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MARKET REVIEWS
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Article, Illustration662 1991-03-18 20 Greenspan's remarks give a new lease of life to market bulls HSW YORK FT JUST WHEN the bears seemed to be gaining the upper hand last week, along came Alan Greenspan, the chairman of the Federal Reserve, and gave a newFT - 662 words
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737 1991-03-18 20 HONGKONG THE Hongkong market surprised everybody last week. It rose on Monday, partly due to encouraging comment the previous week by the director of the Chinese State Council's Hongkong and Macau affairs office, Lu Ping. It then proceeded to consolidate midweek on lower volume. But Friday737 words
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Article870 1991-03-18 20 Ray Heath - mLONDON By Ray Heath WEARING a red nose has been a must in London for the past two days. The sort sported by Coeo the Clown, made of squishy plastic and clipped on. It was all in the name of charity and was part of870 words
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447 1991-03-18 20 >TQKYO AFP SHARE PRICES posted moderate gains in quiet trading last week on the Tokyo Stock Exchange, with the market lacking energy and direction. The Nikkei Stock Average of 225 selected issues ended the week on Friday at 26,843.10 yen, up 235.58 yenAFP - 447 words
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ASIAN MARKETS ROUNDUP
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Article228 1991-03-18 20 THE Australian share market closed on Friday at its highest level since September on the back of its 10th consecutive weekly gam. The main market indicator. the All Ordinaries Index, closed up 28.6 points from the previous Friday's close to 1.444.2, its highest level since last September. "We're operating228 words
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Article92 1991-03-18 20 PRICES ended marginally higher on the Jakarta Stock Exchange (JSE) last week despite a surge in transactions. The JSE composite share price index closed 2.8 per cent higher at 401.030 on Friday from 390.046 a week earlier. Daily transactions averaged 4.2 million shares worth 30.1 billion rupiah (U5515.67 million),92 words
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Article108 1991-03-18 20 THE Securities Exchange of Thailand (SET) index rose 44.31 points, or 5.3 per cent, to close at 871.85 points on Friday compared to the previous week's closing at 827.54 points. The average volume of shares traded per day last week was 87.5 million shares, up from 52.5 million shares108 words
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Article158 1991-03-18 20 A NINE-WEEK-OLD rally pushed the Philippine stock market to an 11-month high but eorreetions on Thursday and Friday lowered the composile. bourse officials said. At the larger Manila Stock Exchange, the composite index closed at 999.06 points on Friday, up 1.28 per cent or 12.71 points from the 986.35158 words
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Article251 1991-03-18 20 SHARE PRICES on the Taiwan Stock Exchange gained 7 per cent last week, with textiles and paper issues leading the rally. The 226-issue weighted price index jumped 320.78 points, including Saturday the previous week, to finish the week at 4,909.22 points on Friday, following the previous week's 7.4 per251 words
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Article233 1991-03-18 20 AFP INDIA'S share markets edged up in directionless trading last week amid pre-poll jitters as the country braced for the second general election in 16 months. The Bombay Stock Exchange (BSE) sensitivity index gained 15.7 points to 1,206.8 while the National index moved up 12.7 points to 606.8 pointsAFP - 233 words
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Page 20 Advertisements
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Advertisement182 1991-03-18 20 NOTICES EXFREED SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 50 the Final Meeting of the Company will be held on the 18th day of April 1991 at 11.15 am at 1 Shenton182 words
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Advertisement186 1991-03-18 20 EXINDEP SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 3GB of the Companies Act Cap 50 i the Final Meeting or the Company will be he;<l on the j 18th day of April 1991 at 12.00 noon at 1186 words
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Advertisement184 1991-03-18 20 ELEXSIS SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOIICE IS HERLBY GIVEN tha: pursuant to Section 308 of the Companies Act Cap 501 the Pinal Meeting of thej Company will be heid on the I ■;Bth day of April at 11 45am at 1 Shenton Way184 words
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Advertisement185 1991-03-18 20 EXPRESS SHIPPING PTE LTD (In Member#' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 50 the Final Meeting of the Company will be held on the 18th day of April 1991 at 11 00am at 1 Shenton Way185 words
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Advertisement186 1991-03-18 20 EXLIBE SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 50 the Final Meeting of the Company will be held on the 18th day of April 1991 at 1 11 30am at 1 Shenton186 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4387 1991-03-18 21 MBT BULLS on the Kuala Lumpur Stock Exchange failed to stage a convincing rally last week. However, trading was intense as daily turnover remained very high and even approached record levels. After reaching an all-time high on the NST Industrial Index onMBT - 4,387 words
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Page 21 Advertisements
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Advertisement298 1991-03-18 21 BUSINESS TIMES TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 I I SS A Management Consultants Pte Ltd I Our client, an established recreation club in Singapore, is seeking a I highly motivated individual with drive, initiative and integrity for I the position of: I f MANAGER 1 I Reporting to the Management Committee,298 words
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WORLD STOCK MARKETS
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Buy programs help to limit Dow's loss
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Article, Illustration1300 1991-03-18 22 NEW YORK stock prices fell on Friday in a session dominated by technical trading. Also pulling prices down were a falling bond market and a report on inflation interpreted on Wall Street as less than encouraging. The Dow Jones Industrial Average dropped 3.96 points, to 2,948.27, finishing the1,300 words
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Article, Illustration733 1991-03-18 22 LONDON shares finished slightly lower on Friday, as the market relaxed after an active week of trading. Since the beginning of the month, the main index has advanced over 125 points, and dealers said a rest period was appropriate before a climb into higher territory took place. Share prices733 words
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Article268 1991-03-18 22 DUTCH shares ended a day of fairly quiet trading mostly easier due to lower foreign bourses and some unwinding of positions ahead of the weekend. Friday's expiration of March futures and options contracts resulted in both buying and selling orders coming from the options exchange but had little ef-268 words
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Article285 1991-03-18 22 GERMAN share prices ended mixed with a lower bias on Friday, with traders citing the expiry of futures on the 30-share DAX Index as the main market factor. "About 90 per cent of the day's volume was in trades linked to the (Deutsche Terminboerse) contract expiry," said Michael Krick285 words
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Article240 1991-03-18 22 A BOUT of profit-taking dragged the Paris bourse lower on Friday as investors pocketed gains they made during Thursday's two per cent rise, traders said. The CAC-40 Index fell 16.32 points, or 0.90 per cent, to end at 1,800.49 on volume of 1.88 billion francs. Some traders said the240 words
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Article201 1991-03-18 22 ITALIAN shares closed the first session of the April account sharply higher, with the MIB Bourse Index surging 2.02 per cent to close at a new 1991 high of 1,164. The index climbed 3.28 per cent on the week. Volume was heavy, estimated to be near Thursday's 261 billion201 words
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Article121 1991-03-18 22 THE STOCKHOLM bourse on Friday defied the direction of other European bourses and closed higher in brisk trade fuelled by strong liquidity. "There is still capital that wants to enter the market, which is driving up prices," a dealer said. The General Index closed up 0.56 per cent at121 words
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Article293 1991-03-18 22 TORONTO stocks ended weaker on Friday after fluctuating on the negative side all day, dealers said. The triplewitching expiry of stock index options and futures contracts added to the volatility, they added. "There wasn't a heck of a lot of news," one trader said. The Composite Index fell 12.86293 words
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Article234 1991-03-18 22 BELGIAN shares closed slightly lower in moderate weekend trading, dealers said. Volume totalled 866 million francs. Of 53 shares listed, 11 rose, 33 went up and nine were unchanged. The main forward market index shed 0.3 per cent to 5,739.35 while the cash market index added five points to234 words
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Article585 1991-03-18 22 March IS Close Previous NEW YORK Dow Jones 2.948.27 2.952.23 -3.96 NYSE Financial 144.75 145.41 -0.66 S&P500 373.59 373.50 +0.09 Turnover (million) 237.7 231.0 +6.7 LONDON Financial Times 30 1.983.5 1.998.5 -15 00 FTSE 100 2.494 2 2.500 6 -6.4 Turnover (million) 894.3 798.7 +95.6 AMSTERDAM CBS Tendency Index 93.1585 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article386 1991-03-18 23 NEW YORK THE US DOLLAR closed sharply higher in active trading, as continued bullish sentiment overcame intervention by 10 central banks, including the Federal Reserve and Bundesbank. "What a day. Demand was fantastic," Stephen Jury, chief dealer of Chemical Bank, said in flushed tones. The market's386 words
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852 1991-03-18 23 ASIAN CURRENCIES AFP ASIAN currencies closed mixed against the US dollar last week after the Bank of Japan intervened to halt the greenback's rise in Tokyo. The Indonesia rupiah, the Malaysian ringgit, Singapore dollar, the South Korean won and the Thai baht all fellAFP - 852 words
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Article391 1991-03-18 23 Cross rates Mar 16 USS SS MS Dm Yen SFr AS NZS USS 1.7620 2.7440 1.6085 137.85 0.5493 1.3930 1.2995 1.6779 SS 0.5675 1.5573 0.9129 0.7823 0.3117 0.7906 0.7375 0.9522 MS 0.3644 64.21 0.5862 0.5024 0.2002 0.5077 0.4736 0.6115 Dm 0.6217 1.0954 1.7059 85.70 0.3415 0.8660 0.8079391 words
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324 1991-03-18 23 Reuter THE US share of worldwide futures trading activity, which contracted sharply in the second half of the 1980s, is likely to shrink further in the coming years, an executive said at a Futures Industry Association panel in US. "The US marketReuter - 324 words
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573 1991-03-18 23 Reuter CHICAGO Mercantile Exchange president William Brodsky said a worldwide test of the Globex electronic trading system would take place at the end of April. He said at the annual Futures Industry Association conference that "when the bugs areReuter - 573 words
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459 1991-03-18 23 GOLD FINANCIAL FUTURES REPORT ANALYSTS noted that a pattern of selling during Asian and European hours against speculative US fund buying had dominated most of the trade in spot gold last week. The pattern emerged just after spot gold had opened at US$369/$369.50 and firmed459 words
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Article276 1991-03-18 23 IMM MfLL£ DEUTSCHEMARK Open High Low Sett Vol Op/Int ***** 0.6311 ***** 0.6221 40.662 91.918 j un 91 0.6259 0.6264 0.6165 0.6177 EURODOLLAR Open High Low Sett Vol Op/Int MarTi 9165 9167 9156 9162 176.642 790.501 Jun 91 93-55 93.55 93.43 93 44 JAPANESE YEW Open High Low276 words
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Article507 1991-03-18 23 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8'/» Arab Bank PLC 7'/. ANZ Banking Group 8 Ban Hm Lee Bank 7V« Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7'» Bank Bumiputra 8507 words
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Article550 1991-03-18 23 Interbank rates s$ Bid Offer Overnight 4 3/8 4 1/2 1-month 4 7/16 4 9/16 4 9/16 4 11/16' 3-month 4 5/8 4 3/4 Overnight mode: 4-1/4 li'S$ High Low 7 days 6 3/16 6 1 month 6 1/2 6 1/4 2 months 6 1/2 6 1/4 3550 words
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COMMODITIES
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379 1991-03-18 24 Reuter US GOLD prices could be affected by the result of the first general referendum held in the Soviet Union yesterday, the world's leading gold producer, industry analysts said. Soviet president Mikhail Gorbachev has called for the vote to decide whetherReuter - 379 words
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326 1991-03-18 24 Reuter THE question of funding for an international cocoa genebank is likely to be the most important issue to be discussed at the 41st session of the council of the International Cocoa Organisation (ICCO), delegates said. "There's usually a lot ofReuter - 326 words
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898 1991-03-18 24 REPORTS AFP THE decision taken by Opec to reduce production by around one million barrels per day in the second quarter of this year prompted an immediate jump in crude oil prices last week, the market welcoming the re-establish-ment of productionAFP - 898 words
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Article1149 1991-03-18 24 Rubber WAS (lob in balw) S cents/kg Int 1 RSS Close Mar 11 147.25 Mar 12 147.00 Mar 13 147.00 Mar 14 146.00 Mar 15 146.50 MKCLB (fob hi bales) M cents/kg Int 1 RSS Close Mar 11 228.00 Mar 12 228.50 Mar 13 229.00 Mar 14 229.00 Mar1,149 words
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Page 24 Advertisements
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Advertisement745 1991-03-18 24 NOTICES IN TDK MATTKK OK THK CUMPANIKH ACT, CAP. M SOON SIN fr'tSHKKY AND TRADING PTK LTD (la Members' Valuator) Wtfcl At an Kxtraordlnary Oeneral Meeting of the company duly convened and held on 18th March 1991 at 60, Albert Street, *01-05, Albert Complex. Singapore 0718 the following Special Resolution745 words
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Advertisement739 1991-03-18 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290 (2)(b) ANO IN THE MATTER OF SING RONG MARKETING PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. »12-01 12-11 Golden Mile Tower. Singapore 0719 on739 words
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Advertisement25 1991-03-18 24 For.further information on which newsstands carry Singapore Business, Her World, Go, Home Decor Young Parents, please cal our Customer Sen/ices Section on 740-1839 or 740-1840.25 words
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Advertisement11 1991-03-18 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1066 1991-03-18 25 ctt > Flight ETA FHtfit ETO >4aiaMa SQ228 1900 SQ227 2130 bnmn RJ182 1400 fcmtardam KL841 1140 KL842 2105 SQ23 1325 Auckland NZ25 1655 NZ28 1815 SQ388 2030 Bfiir Sari BI421 1105 SQ182 0915 Bagawaa SQ181 1410 BI422 1205 BI429 1830 BI430 2125 Baagkafc QF062 11351,066 words
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THE TRAVEL PAGE
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Article, Illustration506 1991-03-18 25 LETTER FROM JAPAN NYT AS A MEANS of attracting young parents, some ski resorts in Japan are providing services to look after their children while the parents enjoy the slopes. Urabandai Nekoma Ski Resort in Fukushima Prefecture in northern Japan has been operating a day-care centreNYT - 506 words
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Article148 1991-03-18 25 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3440 1.3640 Canadian dollar 1.5000 1.5200 NZ dollar 1.046 1.080 Sterling pound 3.2200 3.2500 US dollar 1.7480 1.7630 Local dollars to 100 units of foreigB currency Austrian schilling 15.50 16.50148 words
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Article58 1991-03-18 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel March International Germany Hamburg Messe (49)*****90 March The Scottish Britain Scottish (44) 31/ 15-20 Exhibition for Und Congress 17-21 Hotel Catering Exhibition *****86 the Hotel, GmbH and Licensed Conference Centre Restaurant. Trade Exhibition Glasgow Catering. Baking April58 words
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Page 25 Advertisements
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Advertisement34 1991-03-18 25 Geneva know when you'll need Finnair for Europe. Because Finnair flies twice-weekly from Singapore to Helsinki then on to over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.34 words
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Advertisement41 1991-03-18 25 TALKING POINTS Keep with us For the talking points that keep you going [|jfgH m Fell WOMAN PULLS KNIFE OUT, THEN WES r .t s&u Hk.. i j \lsr-~ V The latest news and much more. From lunch-time. Monday to Saturday.41 words
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Page 25 Miscellaneous
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Miscellaneous259 1991-03-18 25 bbodM ~w~ 11\ 27 Applaud the directors for fT v r eh supplying housing timber aces street on which 24 Self confidence of one who /m civilians do their bit of prescribes joining a terror--28 Pay an informal visit d^k-" 8 u ■>« a! by parachute? (4,2) Plebian mob must259 words
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Miscellaneous209 1991-03-18 25 Singapore Outlook: Showers over several areas in the afternoon. Forecast Maximum temperature 32.7 Assoc humidity 59% Minimum temperature 25.3* C Assoc humidity 95% Hours of sunshine 7.55 Rainfall in mm Nil Rainfall this month 1.3 Rainy days this month 1 World report Asia-Pacific Hi/Lo* Cond. Auckland 23/17 Showers Bangkok 34/24209 words
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Miscellaneous26 1991-03-18 25 i vrs JONES' u)p«s ON Tviero BY NOu=*N.T SfeXD"* VFINJIT.. DL -tHese LE-Tregs- .TMey r lN e cpyggeo iKf y ai7<> C EVENING STANDARD CO. LTD.,26 words
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Article, Illustration586 1991-03-18 26 Koichi Ishiyama - From Koichi Ishiyama in TOKYO IN THE WAKE of the just ended Gulf War, the Japanese are once again planning holidays overseas, especially for the Golden Week holiday period which begins late next month. The recent increase in demand for tours586 words
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357 1991-03-18 26 Reuter TEMPERATURES rose further in Yugoslavia's shaky federation yesterday, edging the country closer to civil war despite calls for calm from the embattled state presidency. Serbia's communist president, Slobodan Milosevic, capped a hectic political week when he said last Saturday that Yugoslavia's biggest republic noReuter - 357 words
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253 1991-03-18 26 TWO Singapore-based merchant banks, Westpac and Morgan Grenfell (Asia), have been ranked among the top 10 in terms of return on equity during 1989 in a ranking of Asia's merchant banks published in the latest issue of Asian Finance magazine. Westpac, with253 words
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Article, Illustration399 1991-03-18 26 Reuter MILLIONS of people voted yesterday in a referendum on the future of the Soviet Union marked by bitter rivalry between President Mikhail Gorbachev and Russian leader Boris Yeltsin, Radio Moscow reported a high turnout in the Far East and SiberiaReuter - 399 words
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674 1991-03-18 26 AFP PRESIDENT Saddam Hussein has warned his people that only the Baath Party leadership can save Iraq from becoming another Lebanon and promised democratic reforms once the anti-govern-ment revolt is over. In his first nationwide address since the defeat of Iraq inAFP - 674 words
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243 1991-03-18 26 AFP THE KUWAITI government may scrap subsidies on services provided to foreigners living in the emirate. Kuwait's Planning Minister was quoted as saying in Abu Dhabi yesterday. "We are not under any obligation to educate, give medical care, transportation and other welfare subsidies toAFP - 243 words
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Page 26 Advertisements
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Advertisement48 1991-03-18 26 PiageT /MILLIER Eft mmXIERIE imns m GENEVE INDUSTRIAL FOR INDUSTRIAL SPACE REQUIREMENTS I AVAILABLE ON REGULAR BASIS FROM SINGAPORE TO INDONESIAN AND WEST I MALAYSIAN PORTS. THE BARGE IS MOUNTED I WITH SIDE BOARDS COULD HANDLE UP TO I 6000 DWT BULK CARGO. I INTERESTED PARTIES, PLEASE CALL:48 words
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Advertisement403 1991-03-18 26 PiageT jOAILUER EN imiDGWIE DEPU/***** GENEVE SINGAPORE Li INSTITUTE OF MANAGEMENT (1) MANAGING EXPORT MARKETING April 1-3,1991 Fee: SS79O SIM members/SSB9O non-members To equip potential exporters with the skill of export marketing and help them turn business opportunities into profits. For Whom: All businessmen, export managers, sales and marketing personnel403 words
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Shipping Times
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Article, Illustration400 1991-03-18 27 Dexter Lee - Plans to expand civil aviation capability From Dexter Lee in MANILA CEBU AIR will soon get congressional go-ahead to operate the Philippines' second scheduled international airline, said a senior Civil Aeronautics Board (CAB) official. Silvestre Pascual, CAB acting executive director, told BT that the400 words
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Article487 1991-03-18 27 Job cuts and business upsurge main factors behind better results Reuter ASSOCIATED British Ports Holdings pic, which operates 22 harbours in Britain, said 1990 pre-tax profit rose to £60.2 million from £57.2 million mainly due to stall cuts and increased business. A BReuter - 487 words
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Article, Illustration712 1991-03-18 27 NYT IN A MOVE that could plunge another airline into financial crisis, the US Transportation Department gave tentative approval last Thursday for the sale of only three of Trans World Airlines' London routes to American Airlines. It turned downNYT - 712 words
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313 1991-03-18 27 COMPETITION among international construction firms for the massive reconstruction of war torn Kuwait may hold up the progress of Hongkong's port and airport projects, said a Hongkong government official. In a South China Morning Post article, Mrs Anson Chan Fang On-san, Secretary for313 words
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346 1991-03-18 27 Reuter THE planned takeover of a debt-ridden South Korean shipbuilding company is being delayed by the firm's continuing labour problems, union and company officials said in Seoul last week. Police detained more than 200 workers from Korea Tacoma Marine Industrial on Thursday asReuter - 346 words
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NEWS SUMMARY
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Article46 1991-03-18 27 THE HKSI27 billion Port and Airport Development Scheme (PADS) is a cornerstone of the Hongkong government's strategy to secure the territory's economic future. However, the scheme is disputed: the Hongkong and Beijing governments are still not seeing eye to eye Page 246 words
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40 1991-03-18 27 KONINKLIJ KE Nedlloyd Grocp NV has rejected a request by Norwegian investor Torstein Hagen for a seat on its powerful supervisory board during an extraordinary shareholders' meeting in Rotterdam last Thursday Back Page40 words
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50 1991-03-18 27 THAI lighter operators have turned down calls to increase the number of vessels plying the country's waterways. According to The Sation. the operators claimed that the current supply is enough but the development of the country's water transport services is slow Back Page50 words
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Article50 1991-03-18 27 THE European Commission says it has outlawed the state subsidies Belgium is giving shipbuilders for the construction of nine ships. The Commission said in a statement in Brussels last Thursday that the Belgian government promised more aid than allowed under EC rules Back Page50 words
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LOG BOOK
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122 1991-03-18 28 MALAYAN RAILWAY will operate additional train services including the "Ekspres Raya Malam" service for the Hari Raya celebrations. The "Ekspres Raya Malam" service will be introduced for the Kuala Lumpur/Butterworth/Singapore sector from April 12 to 15 and from April 19 to 22, Malayan Railway122 words
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Article136 1991-03-18 28 PIRATES may have seized a government oil tanker that has been missing in the southern Philippines for a week, a navy spokesman said in Manila last Friday. "Those are our apprehensions. There are many pirates in that area. We would have found the tanker after136 words
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Article111 1991-03-18 28 MAJOR Japanese shipping firm Mitsui OSK Lines Ltd has declined to comment on a report that it will order its first two chemical tankers, each of 42,000 tonnes, for completion between late 1992 and mid-1993. A Mitsui OSK spokesman declined last week to comment on111 words
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Article77 1991-03-18 28 SHIPPING and engineering group Howard Smith Ltd said it sold 3.6 million shares in Coal and Allied Industries Ltd, representing 6.46 per cent of the company, at As 7 a share. The sale resulted in an estimated profit, after capital gains tax, of AS 10.5 million,77 words
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Article106 1991-03-18 28 REGENCY CRUISES Inc said it expects a net loss for the first quarter due to a lower demand for leisure travel caused by the recession, lower yields due to increased competition, and higher fuel prices brought on by the Gulf War. The company said in106 words
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Article, Illustration1049 1991-03-18 28 A look at the controversial HK$ 127 billion Fort and Airport Development Scheme that is viewed by the Hongkong government as vital to the territory's economic future Lloyd's List International THE Port and Airport Development Scheme (PADS) is a cornerstone of the Hongkong government's strategy toLloyd's List International - 1,049 words
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Article825 1991-03-18 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and825 words
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Article11989 1991-03-18 36 This 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 Port of Singapore. Advaneed dates are published for a maximum11,989 words
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SHIPS IN PORT
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Article657 1991-03-18 43 JWrivi Depariue Kappal Wharves Aurora Sky 28 K29 alongside 1703/1830 Cora Pcess 013 (P) CIO alor«side 1703 1800 Et Ocean VI* H30 atongsde 17 03/1400 Frotano 62WB K33 1803/1100 Kota 8erkan 6/91 K32 ator*s*Je 17 03/2100 Kota Molek E-892 K31 atoreside 2203 0600 Frotamarala 38£B C10 1803/1700657 words
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Article1293 1991-03-18 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booki*/Balance RsRs Sjqp Voy No Etb/Btr Period From To From ACX lotus 10B 19/0100 1 17/1500 17/1659 17/1900 2 17/1700 18/0659 18/0900 Aft Pride ***** 19/1500 1 17/1500 17/1659 17/1900 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Mia1,293 words
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Article263 1991-03-18 43 Penim Port 3«rth in Butterworth an March 16: 1: Chnsto Bote v. 2: Kapitan Kushnarenko; 3: Cipta Karya. Bangkachai; 4 nil; 5: lampung; 6: Maersk Farco. Peiunf Wharf: N6 Chin Tsair Jtn; CB Cipta Raya; S6: ml BCT: BJ: Bunga Kekwa: BM: ml; l/B ml. VOTP: ml263 words
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Article1054 1991-03-18 43 THE DRY cargo freight market on Thursday saw confirmation that the key US Gulf to Japan grain run had been fixed at an easier U5526.50 for loading April 10-25, brokers said. This compared with last known reported business at U5529.50 recently. There had been talk recently that vessels1,054 words
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Article, Illustration563 1991-03-18 44 Reuter KONINKLIJKE Nedlloyd Groep NV has rejected a request by Norwegian investor Torstein Hagen for a seat on its powerful supervisory board during an extraordinary shareholders' meeting in Rotterdam last Thursday. Mr Hagen, who directly controls 23 per cent of Nedlloyd's sharesReuter - 563 words
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374 1991-03-18 44 THAI lighter operators have turned down calls to increase the number of vessels plying the country's waterways. According to The Sat ion, the operators claimed that the current supply is enough but the development of the country's water transport services is slow. Thai374 words
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Article201 1991-03-18 44 Reuter THE European Commission says it has outlawed the state subsidies Belgium is giving shipbuilders for the construction of nine ships. The Commission said in a statement in Brussels last Thursday that the Belgian government promised more aid than allowed under EC rules. TheReuter - 201 words
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Page 27 Advertisements
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Advertisement325 1991-03-18 27 a janagers /l/H I V lanage BT shows you how every Monday. Ambitious plan awaits take-off. Page 2 Cockett Report 2 Container Schedule 1' Dailj Fretfits 1' >i to Advertisers 3 Shipping Gmde 10.11 Shps m Port 11 Singapore Tries 1' Weather and Sea Conditions 1? SINGAPORE BUSINESS WE'LL DELIVER325 words
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Page 28 Advertisements
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Advertisement138 1991-03-18 28 UP. LIVING IT di&i tflp? EACH WEEKEND, put up your exccutivc feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or138 words
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Page 29 Advertisements
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Advertisement2286 1991-03-18 29 JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 OS Southpomt, Singapore 0208 All If# telex no ***** IfCTßlll TERMINAL/CFS Tel *****18 220 PCoaajl BOOKINGS Tel *****34 258 L Vfflw A PESAKA JAROINE SHIPPING AGENCIES BHD *»T KELANG TEL: *****18 TELEX NO MA***** MA***** PENANG TEL 6241*4 TELEX NO MA4OO/3 CFS TEL2,286 words
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Advertisement1218 1991-03-18 29 INDEX TMDVERTJSERS Page Col Pdk Cd A l ucky Seaway I 3 Lykes Lines 5 I ABC Containerlinc 12 1 Accord Group 8 1-3 M AFS 15 2 Ahrenkiel Liner 16 3 M+ R Frwdg 13 1/2 Alfred C Toepfer 15 5 Mac-Neb Agencies 14 1/2 Anns 5 2 Macoiine1,218 words
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Advertisement2827 1991-03-18 29 MARIE MAERSK V 9104 ETA 19/3/91 I VM&ei Voy ETA I ETO "Port 'Penang DESTINATIONS Sngapote Kelang Thi» Mane Maersk 9*04 by *9 3 0800 has m Farco IHIHHI Hi CFS '8 3 1350 MRS M Taufo OAK IGB HOU MEM ATL MIA CMS BAL PHL NVC MON TOR MARIt2,827 words
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Page 30 Advertisements
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Advertisement1327 1991-03-18 30 ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE FRANKFURT EXPRESS 55/310 17/3 3/4 V 4 8/4 9/4 EQ3 TOKIO EXPRESS 98/111 21/3 11/4 9/4 8/4 KAMAKURA 16/311 24/3 10/4 12/4 15/4 16/4 L ALL WESTBOUND P. KASUGA I 14/112 28/3 18/4 16/4 15/4 KCLANG i PfNANC CARGO MONTE1,327 words
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Advertisement563 1991-03-18 30 DIRECT SOUTH PACIFIC SERVICE SIN NOO SUV PPT SEASPAC I 28.3 11/4 14/4 19/4 AISO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO SEASPAC I ?B'3 2/5 3/5 6/5 7/5 8/5 Callao or Santiago via Valpa Agents563 words
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Advertisement1505 1991-03-18 30 WxIBmmSL&MM &MWM HUB regular independent full container service WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HA* BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAH 9102-3 18/03 06/04 07/04 12/04 13/04 14/04 15/04 16/04 17/04 NORASIA SAMANTHA 9103 3 25/03 15/04 16/04 20/04 21/04 22/041,505 words
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Page 31 Advertisements
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Advertisement2187 1991-03-18 31 sslSSteamers Maritime Holdings Ltd Ifc V PffrO I fli STRAITS SHIPPING StaaMMt ta BraMi last Malaysia. wk Containers toy No f Hlanf S po»e Al| Sou Ant Hot Hbj LAUSI MAtkSK -tIM 8 IfR IMB MOJ 05/04 i*o« l»04 IIM ACCEPTS DUE SAILS TABU BAY Cho6 LIB 1903 ?3<D 09042,187 words
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Advertisement1877 1991-03-18 31 TA- 1'a */PANAMA FM; M a A/PANAMA SP OAK ica C»| FOB SAW MOD HfC NYC NOR SAW C*l ICS OA* V CNOrAfcC VICTORY tf 110 1M 114 2M 2*.4 W 2M *'< HAMBURG UN »A 106 2/(1 2A'l M/l V Ufl IS/2 Ug SIN&APORI StNATOR If 111 21fl Vl*1,877 words
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Advertisement382 1991-03-18 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS ETA ETA VESSEL VOY SPORE PKL COSMIC TRADER 16 IN PT SLO ORANCE OCEAN 97 19/3 COSMIC PIONEER 12 20/3 22/3 MEL ICIA g 29/3 30/3 COSMO ANGEL 2 1/4 ORANCE MOON 11 1/4 3/4 TRANS AUTO 27 3/4 SEA LARK382 words
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Page 32 Advertisements
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Advertisement834 1991-03-18 32 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY S PORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYA;3IWB 29/3 6/5 12/5 16/5 JO/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|*ct lo Inducement. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Genoa. Trieste. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA834 words
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Advertisement791 1991-03-18 32 @2s. '£L HANJIN SHIPPING rr I.CU o,u AMD UAH ddu 111 FEEDER VSL SIN LINE HAUL LAX OAK !a r? II ?4 10 4 HANJIN MASAN OUE 25/3 DIRECT 15/4 11/4 r mi ~i ilt ,11 ill HANJIN LIHAVRI 012E 1/4 H CHUNCMU 0/IE 79 4 2/5 HANJIN SEATTLE 01/W791 words
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Advertisement1515 1991-03-18 32 -4 f k -J T pj IPtU SCP MKG KSC KLC PUS HUT OS* NC» SMI IYO LA* CMS BAI N»C LNV ANW ROM IHP HBG PSO CUB PKL SCP I I CLEAMT HI OJ2 20 3 21/J ft] 2/3 W3 1/4 3/4 4,4 t> 4 74 #4 194 IS1,515 words
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Page 33 Advertisements
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Advertisement1466 1991-03-18 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelano-(03) *****87, Ponana-(04) *****0, J.Bahru-<O7) *****3, *****41,466 words
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Advertisement508 1991-03-18 33 j/ Int. Multi-Modd Forwarder SEAFREKSHT BOOKNGS: 222 0717 r~! r-, A AFFREIGHT BOOKNGS: 545 4255 BB jrCCAIiMV A fax. *****73******68 jASMNiuROPimm J, CZECHOSLOVAKIA 24/3 N HUNGARY 24/3 BOMBAY W ROMANIA 24/3 MAnRAS YUGOSLAVIA 24/3 m(ir 35 bulgaria 24/3 si.™r G aB [uropi mm—m ruusfwrn—m ANTWERP 24/3 KAOHSIUNG 24/3 rppmpn ojn508 words
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Advertisement1092 1991-03-18 33 sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VISSfIS vOTAGt |SPt*t J> h>.QIG VOVAGC SPORE PKUNG HBUWC B HAVEN TILBURY1,092 words
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Page 34 Advertisements
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Advertisement1796 1991-03-18 34 K44 V M as agents kawasaki Singapore (PTE) lto icrno i?*****0000Mi 1 TEL *****/7 TEI EX KAWAKI R*****5 EAX *****79 J MAIAVSIA "K" LINE MARITIME (MALAYSIA) SDN BHD JUf JtL Jk ItL pj /bb4722 PK *****01'5 PENANG *****5 JB *****1 HHHHB KAWASAKI KISI N KAISHA I ID. INDONESIA P I1,796 words
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Advertisement1409 1991-03-18 34 i PHILI-ORKNT UN€S PTC LTD i 108 ROBINSON ROAO *0/ 00 GMG BUILDING SINGAPORE 0106 TEI *****?? *****69 *****00 TELEX RS ***** PHILI FAX *****76.*****38 BY AIR, LAND OR SEA... W WE TAKE ON THE WORLD FOR YOU member of Singapore: frfjgiit forwarders association •hßi 25 MAR MONTREAL. 22 MAR1,409 words
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Page 35 Advertisements
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Advertisement1651 1991-03-18 35 SSSSSmmtm PACIFIC INTERNATIONAL LINES (PTE) LTD SSSS* M ifc PIL Building, 140 Cecil Street Singapore 0106. I JAKARTA I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 9111 19/3 22/3 26/3 KOTA BINTANG 9106 18/3 21/3 25/3 KOTA JAOE 9106 22/3 24/3 27/3 PEGASUS PROGRESS1,651 words
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Advertisement1201 1991-03-18 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Afaa 068 19/3 5/4 6M 814 9/4 NL HoOfrV 066 20/3 ]V 41,201 words
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Advertisement354 1991-03-18 35 Mb MYANMA )BH* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VUOW In Port PAGAN VI6BW 27 Mar THE BANK UNI (A tervice of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA 1 BUNKER SURCHARGE CONTR USD354 words
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Page 36 Advertisements
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Advertisement10 1991-03-18 36 CIVCORPO INSURANCE BROKERS(S) PTE LTD Tel: *****88 Fax: 225 068210 words
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Page 37 Advertisements
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Advertisement9 1991-03-18 37 CITICORPO INSURANCE BROKERS(S) PTE LTD Tel: *****88 Fax:22s 06829 words
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Page 38 Advertisements
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Advertisement689 1991-03-18 38 TO AUSTRALIA/NEW ZEALAND VSI Stn If run |M«ib Syd Auck NPf |P CHAIN ANTWtRPtN HI 2V3 Hi M M 7m UJi 1m TNT EXPRESS *9 214 tii lis lfcs TOi ~M> ULEN HUWC 2K ~W> IfcS 22/S IfcS fi 3 BRUSSfL 271 Hii M Ui lis Hi 22/6 TO USA/CANADA689 words
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Advertisement1541 1991-03-18 38 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE I OUTBOUNO VOY PKL PNC JKT SIN HKG KAO KEE TYO ~SMZ NGO KOB VESSEL VOY SIN PKL PNC BLW SIN ACX LOTUS ioi *16 3 14 3 Wi~ 23 3 75 3 29 3 30 3 31 31,541 words
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Advertisement1455 1991-03-18 38 ffe 1 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 'EL 1B J, MISTRI ROAD, HMC BUILDING TELEX: RS 26«30 COSHIP #15 00. SINGAPORE 0207 FAX: *****66 CR NO: **********0 M CABLE: COSTARLINE General Agents: COSTAR SOPPING PTE LTD TO HONGKONG AND CHINA FROM HONG KONG AMD CHINA I1,455 words
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Page 39 Advertisements
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Advertisement919 1991-03-18 39 roc CONVENTIONAL MKVICE PKL PNG P G Loading tor A VESSEL 28/03 Rotterdam, Antwerp CHINA mu CONTAPOM «I»VICE SGP PKL BKK HKG QIN SHA VANCFANCKOU 147 02.04 03 04 0/04 12 04 18 04 YANGFANCKOU 149 03,05 04 OS 08 Oi 13,06 IMB Aljo KcetMing other Chinese ports m HKG919 words
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Advertisement293 1991-03-18 39 (S RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 Lines) m FAX: *****15/*****03 PO] TELEX: RS ***** RISHIP (3 Lines) |f£\ ETHIOPIAN SHIPPING UNES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTFONAL VESSEI VOY ETA |LOADING FCJfI SPORE ABBA* WON/ /BAK 10.06 OAHESSALAAM MOMBASA OJIBOUn ASSAB MASSAAA NE293 words
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Advertisement817 1991-03-18 39 taa.PT* 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 PAJ817 words
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Advertisement905 1991-03-18 39 SYDNEY/MELBOURNE BANGKOK VtSSEL VOY S PORE SYO MIL VESSEL VOY SINGAPORE BANGKOK PI AWE T A 0447 0102/4 14 15/4 18 20/4 MAHA BHUM# 50N In Pt 18/3 Thur 21/3 PIYA BHUM 0503 14 15/4 27 29/4 0103/5 NANTA BHUM J3N Wed 20 3 Sit 23/3 PLANET A 0648 0102/5905 words
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Page 40 Advertisements
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Advertisement1271 1991-03-18 40 m m MAC-NELS SINGAPORE tel mpom tel 22H002 PENANG TEL (04) *****6 KK TEL (088) *****0 IAWAU TEI (089) //86/9 I —1 P KELANG TEL (03) *****7/ KUCHING TEL (08?) *****3 SKAN TEL (089) *****2 ["-IVy IJ BAHRU TEL (0/) *****2 SIBU TEL (084) *****2 SARIKEI TEL (084) *****8 JAKARTA1,271 words
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Advertisement414 1991-03-18 40 ITZW BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI PUIJA CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL I.CL FOR AUCKLAND. NAPIER. WELLINGTON, BLUFF, CI IRISTCHU RCH. DUNEDIN, LYTTELTON, INVERCARGIU FIJI AND TAHITI SIN N PIV AUCK IVT MANDAMA 0592 In Port 29 Ma' Via414 words
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Advertisement826 1991-03-18 40 /361 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Iyo* [eta |l«T VESSEL jtf ETA BUT KIM SOON LI 10/91E 23 MAR PENANG EQUATOR826 words
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Advertisement319 1991-03-18 40 /kfNORBULKV NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES SP PK LOADING FOR I MULPHA SUBANG NB 127 22/3 24/3 ROT/ANT/UK I NORBULK NB 12> 28 3 30/3 NTS/ROM/ANT/UK J ISWK SABAH LOAOING FOR I NBT 35 20/3 KANDLA/KARACHI I ISP PK LOAOING FOR I TBN 20/3319 words
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Page 41 Advertisements
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Advertisement903 1991-03-18 41 VfttoV COMPANIA PERUANA toQl DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msia SHAPIAEVERETT K3O/19 Mar KAMALEVERETT 27/29 Mar 30 Mar/02 Apr 05/07 Apr THOMASEVERETT 16/18 Apr 19/21903 words
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Advertisement533 1991-03-18 41 VSI Ivor Is PORE (MAINLINED ]l»X IkST |SAV |NYC |HM~| 2111 PIRAEUS 1171 21/1 /IM CANADA Jit* 4,5 Hi Hi llli 2IM KAOHSIUNG 17* rt 1 ZIM CANADA 7V4 4,5 l i S i 11 1 ZIM OSAKA I'l M /IM LiVORNO l i 11 S 14 i lt,S Ihi533 words
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Advertisement754 1991-03-18 41 Msing kwang hang SHimMQ a TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE IvESSEI [SPORE [JAKARTA [SURABAYA] MEKHANIK KURAKO V 53N 21/3 24/3 IJENWEI 169N |?S/3 [?S/3 VESSEL SPORE BANGKOK A VESSEL 20/3 23/3 A 24/3 27/3 DESTINATIONS ETA SINGAPORE PORT KELANG 22 MAR MANILA 23 MAR HONG KONG. ALL CHINA PORTS754 words
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Advertisement589 1991-03-18 41 ns PERINTIS LINE I 11,***** 111 1111 l I, I 111 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASETIA ISSA 21/03 P4/03 JATIDIHI 9?4 ?3/03 26/03 PHASE TIA 157 A 28/03 ot/04 JATIDIRI 925 30/03 03/04 TANTO UTAMA 149 ?6/03 29/03 TANTO UTAMA 151589 words
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Advertisement393 1991-03-18 41 S|N FAIEAST 23/3 KEELUNG/KAOHSIUNG 22/3 BANGKOK 22/3 MANILA/CEBU 22/3 JAKARTA/BELAWAN/SURABAYA 22/3 PORT KELANG/PENANG/E. Malaysia 19/3 BUSAN 22/3 TOKYO/YOKO/KOBE/NGO/OSA 23/3 HONG KONG S|N CHINA 23/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EHMPE/m 23/3 LDN/FLX/LVP/SOU 23/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 21/3 LOS ANGELES/NEW393 words
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Page 42 Advertisements
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Advertisement1168 1991-03-18 42 CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES COffIJUNER/LCL/BREAKBULK SERVICE "ANKE" SERVICE lAH SPt TG BARA LAE TO* I VILLI »HSB 11 6/(3 11 IM I*l Oil A3 i 2358 2/4 4-5(4 110.4 1».4 h 4 V24SB Jfl &5 11(5 i»/5 21' BUNKER SURCHARGE TEU USD 53 50 B/BULK1,168 words
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Advertisement454 1991-03-18 42 SIN PTL OBN RBV ALS AMALIA VO4A 20>03 30'03 03/04 SILVER HAPPINESS VOSW 04/04 14/04 19-04 ALS STRENGTH VO6W 17/04 27/04 02 05 Accepting FCL' and LCL lor Johannesburg U2E22EEBI "VESSEL RB* OBN PTL SIN KEE BUS ALS ENDEAVOUR VO?E 12 03 17/03 2/ 03 06-04 10/04 ALS DANAOS VO3E454 words
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Advertisement1063 1991-03-18 42 CM COn-WW mTERmODRL^k I LCL/FCL SERVICE FROM fX/ fil fBl CW! op«r«lM ovw 600 tftrmJnato/ofnoM In UJB.A. f (BpM flßi m CUM maintain* over 35,000 tractors ft trucks. mm Wit M\ Jawm owrMMlOOpointiinUAA IJI PI CUM ofhr rtilablt LCI/FCL aarvtoaa. Gtmril Agent* 7RAA/ST/A//C Gf PENANG— KL: allied-LINK SINGAPORE: ///yx jfflSr1,063 words
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Page 43 Miscellaneous
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Miscellaneous463 1991-03-18 43 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 28 2.8 25 20 14 09 05 04 06 10 1 7 25 29 29 2.7463 words
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Page 44 Advertisements
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Advertisement390 1991-03-18 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG POH AIK 184 18/3 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 23/3 DUMAI/PEKAN BARU ABADI JAYA 25/3 DUMAI/PEKAN BARU KUALA SIAK V 30/3 BALIKPAPAN/SAMARINDA SENGGATA (TG BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting390 words
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Advertisement706 1991-03-18 44 /HYUNDAI MERCHANT MARINE CO. LTD. P EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC IBM OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI COMMANDER 24E 23/3 28/3 15/4 11/4 21/4 20/4 HYUNDAI INNOVATOR 38W 19/2 22/2 24/2 14/3 23/3 HYUNDAI PIONEER 39E 30/3706 words
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Advertisement632 1991-03-18 44 CHARTPOINT Every Saturday in Business Times UK CONTINENT (TRIO) Mi^^l HjmDu'g to Conenhi|tfl Aa'tiut Gothenburg. Ma mo SPORE TON M BURG BHAVEN R DAM LCH Melnnki. Stockholm TOKIO EXPRESS »111 213 114 «4 l< Rotto'djrr to Antwo Am»t«rdam 0»'o. HoU.nki KAMAKURA ***** 243 ID'4 12 4 IS4 164 Bremtnhj.Mi To632 words
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