The Business Times, 19 March 1991
1991-03-19
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The Business Times
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Title Section10 1991-03-19 1 Business Times MCI (P) 16/12/90 Tuesday, March 19, 1991 75*10 words
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NEWS SUMMARY
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49 1991-03-19 1 LITHUANIAN defence department chief Audrius Butkavicius was detained for several hours early yesterday by special Soviet Interior Ministry troops, Lithuanian radio said. He was freed around midday after talks between Lithuania's general prosecutor and the special troops, said a Lithuanian parliamentary spokesman.49 words
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Article30 1991-03-19 1 SERBIA, Yugoslavia's largest republic, dealt a new blow to the country's crumbling central leadership yesterday by denying the collective state presidency the power to take decisions.30 words
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Article32 1991-03-19 1 ALL the Orient airlines of the Intra-Orient Marketing Programme will, for the first time, be taking part in the National Association of Travel Agents Travel Fair Page 232 words
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Article39 1991-03-19 1 THE 10 per cent drop in the value of prime residential property in Singapore last year was quite mild when compared with those in other world capitals, says Londonbased consultant Knight Frank Rutley Page 239 words
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Article28 1991-03-19 1 PRIME MINISTER Bob Hawke says Australia's annual inflation rate is likely to fall to 4 per cent in the next two years Page 928 words
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Article17 1991-03-19 1 WESTERN Germany's unity boom is expected to slow significantly this year. Page 1017 words
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Article27 1991-03-19 1 MAJOR contracts worth tens of millions of dollars have been or soon will be signed by American corporations to rebuild Kuwait Page 1127 words
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Article23 1991-03-19 1 SPECULATION about a future Pacific Economic Zone must take into account a myriad of problems and current political realities Page 1323 words
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Article29 1991-03-19 1 APART from being a tragic heroine, a brilliant mimic and the woman of a thousand accents, actress Meryl Streep is also a goof. Page 1729 words
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Article25 1991-03-19 1 FALLING bunker prices have prompted the Transpacific Westbound Rate Agreement to further reduce its fuel adjustment factor (FAF) surcharge. Shipping Times Page 125 words
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MARKETS SUMMARY
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Article30 1991-03-19 1 STOCKS on Wall Street opened down yesterday with the Dow Jones index of 30 leading industrials falling 13.2 points to 2,935.15 in the first five minutes of trading.30 words
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Article31 1991-03-19 1 SHARE PRICES in London were modestly lower at midday yesterday. At 1209 GMT, the broad-based Footsie 100share index was down 4.5 points at 2,489.7. Volume was 236.5 million shares.31 words
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Article53 1991-03-19 1 THE OVERSEAS Union Bank Group has posted a 13.4 per cent rise in after-tax group profit to $85.64 million last year. At the bank level, aftertax profit was up 27 per cent to $61.87 million. Its hotel and property arm, OUE, tripled after-tax profit to $25.0353 words
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Article25 1991-03-19 1 HONGKONG LAND has turned in record 1990 results, but chairman Simon Keswick expects this year's earnings to be flat Page 425 words
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Article28 1991-03-19 1 TOKYO-BASED Orix Commodities Corporation has set up a wholly-owned subsidiary. Orix Commodities Singapore, which has been granted corporate non-clearing membership on Simex Page 628 words
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Article, Illustration30 1991-03-19 1 Monday Change BT-MGA 738.17 -4.78 Kuala Lumpur ....596.62 -3.23 Hongkong ..3.724.35 +1.96 Tokyo 27,146.91 f 303.81 Sydney 1,457.8 12.8 Friday Change New York ...2,948.27 -3.96 London 2,494.2 -6.430 words
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Article20 1991-03-19 1 Exchange rates USS SSI.7590 ICO Yen SSI.2774 MS SSO 6423 Money market rates Overnight 4 -3/8 3-month 4-11/16% +1/1620 words
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Article38 1991-03-19 1 London Gold AM fix USS363.40 -USS0.20 Rubber S'pore Apr.... 146.50*/kg unch M'sia Apr 229.00*/kg unch KL Tin Turnover 65 tonnes 35 Spot MS 14.72 /kg -0.15 Crude palm oil Turnover 711 lots -629 Apr MS865 /tonne 738 words
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Article, Illustration422 1991-03-19 1 Suzanne Soh - New 10,000 sq m outlet expected to cost $35m By Suzanne Soh LOCAL retailer C K Tang, which last week announced plans to open its first department store in Malaysia, is setting up a major outlet in Ngee Ann City422 words
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415 1991-03-19 1 Lee Han Shih - Company wins tender to develop golf facility in east coast By Lee Han Shih CAPITALISING on the popularity of golf in Singapore, a venture led by NatStcel Ltd has committed to spend up to $250 million to build yet another "world class golf and415 words
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Article183 1991-03-19 1 Reuter NEW ECONOMIC vigour in China is bringing quick benefits to Taiwan, which saw two-way trade jump by some 75 per cent in the first month of this year. Statistics released by Tainan's Board of Foreign Trade yesterday showed trade between Taiwan and China hit US$426Reuter - 183 words
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361 1991-03-19 1 Amy Balan - The Khamis Case By Amy Balan NORWEGIAN investigators, after more than a week in Singapore, finally spoke to Marina Village developer Mr Elyamani Khamis yesterday. The investigators are said to have started discussions with Mr Khamis sometime after 4pm, finishing late last night. The361 words
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Article, Illustration397 1991-03-19 1 Schutz Lee - Yesterday in Parliament By Schutz Lee TEMASEK Holdings, the government's main investment arm, is looking at three kinds of foreign companies in which to re-invest the 52.5 billion yielded by the government's privatisation programme up to the end of 1989.397 words
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100 1991-03-19 1 AFP FIGURES announced in London yesterday, including a 3.8 per cent year slump in industrial production in the year to January, confirmed the depth of recession in Britain's economy. But an unexpected monthly rise in retail sales in February suggestedAFP - 100 words
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Page 1 Advertisements
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Advertisement233 1991-03-19 1 Nikon The World s Finest Photographic System, Aircraft Schedule 27 Money Changer Rates 27 Weather .27 Commodities 26 Money Market 25 World News 10.11 Cryptic Crossword 27 Regional Co News < Editorial 12 Regional News 9 For market indces. editorial, Financial News 6 Regional Stock Markets 24 advertising and circulation233 words
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Advertisement101 1991-03-19 1 C K l ang consolidating luxury goods business, Pg 3 How to achieve the full potential of real estate? Talk to the JLW Specialist Teams. RESIDENTIAL I JONES LANG I 'AUCTION •INDUSTRIAL Wt yjJ DH 'COMMERCIAL •INVESTMENT ACHIEYERS -RETAIL Jones LangWootton international Property Consultants Real Estate Agents Valuers Auctioneers Proiect101 words
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Advertisement37 1991-03-19 1 i yv/iron The World s Finest Photographic System. I High and low of production pay levels, Pg 2 I .aw on retrenchment benefits to be amended, Pg 2 Ngiam to head unit to improve quality, Pg 237 words
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HOME NEWS
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PARLIAMENT BRIEFS
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Article51 1991-03-19 2 JOB-HOPPING has become sufficiently serious a problem tor employers, trade unions and the government to jointly examine and tackle, said Finance Minister Dr Richard Hu yesterday. At the moment, the government docs not know the full extent of the problem beyond anecdotal evidence that it is51 words
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Article80 1991-03-19 2 THE Ministry of Communications is monitoring the car quota system to see how it works under different economic conditions before introducing any changes that would severely affect the quota premiums, said Minister of State Mah Bow Tan. Hong Kah MP John Chen had asked if the additional80 words
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Article61 1991-03-19 2 A ROAD TAX rebate for converting to weekend cars, rather than a cut in the additional registration fee, is administratively simpler and also fairer to the motorists, Minister of State (Communications) Mah Bow Tan pointed out. Motorists who convert their cars to one for weekend use61 words
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Article81 1991-03-19 2 ALMOST 70 per ccnt of the foreign wives of Singapore citizens who applied for permanent residence last year were successful. There were 4,582 such applicants in 1990, of whom 68 per cent were granted PR, said Home Affairs Minister S Jayakumar. There are another 4,000 wives who81 words
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Article57 1991-03-19 2 A NEW training academy for civil defence reservists will be built at Jalan Bahar at a cost of some $63 million, said Home Affairs Minister S Jayakumar. The academy will have basic, advanced and refresher training facilities for reservists, regulars, non-commissioned officers and others. Construction is expected to57 words
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137 1991-03-19 2 FOUR more employers pleaded guilty in court during February and early March for employing foreign workers without work permits, said the Ministry of Labour. Under the new Employment of Foreign Workers Act, the minimum fine for employing a foreign worker without a permit137 words
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Article, Illustration396 1991-03-19 2 Anna Teo - By Anna Teo PRODUCTION pay in Singapore is comparable to, if slightly lower than, wages in the other newly-industrialis-ing economies. But they are higher than in the other Asean countries. A starting pay of $600 a month or less in 1989 for a396 words
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353 1991-03-19 2 Chitra Rajaram - By Chitra Rajaram THE National Association of Travel Agents (Natas) Travel Fair will have booths from the Orient carriers of the In-tra-Orient Marketing Programme (IMP), in marked contrast to previous fairs where most participants were travel and tour agents of the association.353 words
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Article, Illustration357 1991-03-19 2 Yesterday In Parliament THE LAW should be amended to clarify that retrenchment benefits arc payable by a company under liquidation, said Labour Minister Lee Yock Suan. He was responding to Lini Boon Hcng (Kebun Baru) who, citing the case of shipyard Vosper Ptc357 words
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252 1991-03-19 2 NGIAM TONG DOW, Permanent Secretary in the Prime Minister's Office, will head the management committee of the Services Quality Improvement Unit (SQIU) to be set up to gather feedback on and improve public service. Mr Ngiam, who is also Permanent Secretary in the252 words
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432 1991-03-19 2 Genevieve Cua - By Genevieve Cua THE value of prime residential property in Singapore fell about 10 per cent last year, along with a drop in residential property values worldwide, says London-based consultant Knight Frank Rutley in its 1990 review of global executive housing. The432 words
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Article214 1991-03-19 2 DATA GENERAL. which is closing its software research centre here, can still maintain its operational headquarter (OHQ) status because its regional activities arc substantia! enough to justify it. An official spokesman from the Economic Development Board said that companies awarded incentives under schemes such214 words
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Page 2 Advertisements
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Advertisement88 1991-03-19 2 I was in and out in 1 hour and 12 minutes flat... With the new Business Lunch menu at the legendary Maxim's de Paris, you'll enjoy a truly exquisite lunch in a shade over an hour. A full 3 course meal with a choice of appetizer, course, dessert, coffee tea88 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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491 1991-03-19 3 S N Vasuki - By S N Vasuki OVERSEAS Union Bank Ltd, the second of the Big Four local banks to release its full-year results, has posted a 13.4 per cent rise in after-tax group profit to $85.64 million last year. Its performance at the491 words
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Article, Illustration483 1991-03-19 3 Suzanne Soh - Exclusive interview with CK Tang's managing director By Suzanne Soh DEBT-FREE CK TANG Limited, which expects to maintain profits at last year's level, is consolidating its luxury goods business and moving into more affordable fashion lines for the *****. Group sales for the year483 words
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Article155 1991-03-19 3 OVERSEAS Union Bank has decided to close its Osaka branch in a move to streamline its international operations. Mr Fock Siew Wah, president and chief executive officer, said that staff from the Osaka branch will be moved to its Tokyo branch, which has been155 words
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407 1991-03-19 3 Elaine Koh - By Elaine Koh OVERSEAS Union Enterprise. the hotel and property arm of the OUB group, has turned in its best results in a decade, with an after-tax profit of $25.03 million tor 1990. This was nearly three times its earnings for the previous407 words
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COMPANY BRIEFS
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119 1991-03-19 3 Pan Pac Publications reports 1.53 m profit SESDAQ-LISTFD Pan Pacific Publications has reported an after-tax profit of $1.53 million on a turnove* of SI 7.2 million for the half year that ended on Dec 31, 1990. A downturn in the paper industry caused turnover for the group to fall by119 words
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Article92 1991-03-19 3 HAW PAR Brothers International Ltd announced yesterday that it has sold its 70-per-eent stake in Mandarin Collections Ltd. a Hongkong-based subsidiary. Mandarin Collections was an exporting agent of garments for Ying Tai (Far Hast) Ltd. another of Haw Par's wholly-owned subsidiaries which was92 words
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Article44 1991-03-19 3 UNITED ENGINEERS has set up a subsidiary in Hongkong. McAlister Service Master (Hongkong) to provide services in the management and maintenance of plant operations. McAlister Service Master has an authorised and initial issued capital of HKS4 million and HKS2O respectively.44 words
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Article69 1991-03-19 3 REPLYING to an enquiry by the Stock Exchange of Singapore. the directors of Chuan Hup Holdings have said that they are not aware of reasons for the sharp increase in turnover of the company's shares. They also said that an associate company, PBGR Management69 words
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Article66 1991-03-19 3 THE Stock Exchange of Singapore has queried broking house G K Goh if the new shares of its proposed I-for-4 bonus share issue announced last Friday will be equal to the existing share in the company. It also asked G K. Goh directors if the66 words
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Page 3 Advertisements
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Advertisement329 1991-03-19 3 W! Six months to Year ended March 31 Sep 30,1990 1990 1989 1988 1987 Turnover 75.9 150.6 1257 96.3 87.9 Operating profit 2.9 10.7 6.7 6.9 4£ Profit after tax and minority interest 1.5 6.8 3.8 4.4 3.1 Accumulated profits 18.4 J3.0 10.3 6.5 EPS after 3.6 26.3 16.1 20.2329 words
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Advertisement208 1991-03-19 3 Will you call me from your hotel, darling? J l ANA HOTEL SINGAPORE ■ii: Si i I r I 1 i. ...n i I I I, \IIM\ s .-IM I 1 Lesion 1: rv\e RIO/J S^luvoyi r I Pi VTRlP UVCRt MANUF/\CfL|,s:C^ Wil-L ULI> IATE.LV GdPS) tAffe A\ "OM 0\-'tLN208 words
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REGIONAL COMPANY NEWS
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348 1991-03-19 4 Relatively flat earnings expected for 1991 Reuter HONGKONG Land Holdings Ltd, the British colony's biggest commercial landlord, posted a record 38.6 per cent increase in net profits for 1990. Chairman Simon Keswick warned, however, that this year would be flat. Hongkong Land,Reuter - 348 words
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240 1991-03-19 4 AP MARUBENI Corporation of Japan has agreed to provide financial support of US$4OO million (Ss7oo million) for Indonesia's first olefin plant, the economic daily Bisnis Indonesia reported yesterday. "We will provide the fund according to a schedule set by Chandra Asri," theAP - 240 words
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272 1991-03-19 4 SEMI-TECH (Global) and Mr Stanley Ho's Grande group have taken control of Emerson Radio Corp, the largest independent consumer electricals company in the US, the Sunday Morning Post reported. Semi-Tech's president and group chief executive Mr James Ting will become chairman and chief executive272 words
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Page 4 Advertisements
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Advertisement988 1991-03-19 4 w OVERSEAS UNION BANK LIMITED 11 (Incorporated in the Republic of Singapore) 11 ANNOUNCEMENT II The Board of Directors of Overseas Union Bank Limited is pleased to announce: 11 The Bank The Group 11 1990 1989 1990 1989 ♦/<-» 11 srooo srooo ss'ooo ss'ooo M 1) AUDITED RESULTS FOR THE988 words
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Advertisement582 1991-03-19 4 W H 11 OVERSEAS UNION TRUST LIMITED 11 I I (Incorporated in the Republic of Singapore) I I II ANNOUNCEMENT II 11 The Board of Directors of Overseas Union Trust Limited is pleased to announce 11 11 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1990 Increase/ 11 11 1990582 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration492 1991-03-19 5 FT THE HEADQUARTERS of Daimler-Benz, the flagship of German industry, has been raided by more than 100 police, tax, customs and Stuttgart state prosecution officials for alleged illegal military-related exports to the Middle East. They began combing Daimler offices on Thursday, including those ofFT - 492 words
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389 1991-03-19 5 FT MR WERNER REY's Swissbased Omni Holdings owns 57 per cent of International Leisure Group, the UK airline and travel company to which administrators were appointed last week. The majority shareholding, higher than previously disclosed, will raise questions about the designation ofFT - 389 words
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189 1991-03-19 5 Reuter FUJITSU Ltd, Japan s top computer company, has lodged an appeal with the US Internal Revenue Service (IRS) over a demand for extra tax from some of its US subsidiaries, a company spokesman said on yesterday. "Fujitsu has paid its taxes properly, both in– Reuter - 189 words
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288 1991-03-19 5 Reuter BUSINESSMEN are crowding a small stand to take their pick of eastern Germany's 8,000 state-owned companies at a poorly attended Leipzig Trade Fair. The Treuhand privatisation agency has set up four computer terminals to let investors trawl its vast dataReuter - 288 words
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367 1991-03-19 5 Reuter FIRST Capital Holdings Inc said it is engaged in serious discussions for the proposed sale of the Universal Life Insurance block of its First Capital Life Insurance Co subsidiary. First Capital president Gerry Ginsbery said in a statement that theReuter - 367 words
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COMPANY BRIEFS
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93 1991-03-19 5 UNION BANK of Switzerland may sue Citicorp to recover losses from dealings in shares in Polly Peck International pic. according to the Independent on Sunday Newspaper. ÜBS's stockbroking arm ÜBS Phillips Drew bought 7.9 million Polly Peck shares from Citicorp's fund management93 words
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Article90 1991-03-19 5 HONGKONG-BASED trader Inchcape Pacific said yesterday it had signed a deal with the Anglo-Dutch Unilever pic conglomerate to market health care products in Vietnam. Inchcape Pacific, a wholly-owned subsidiary of Inchcape pic. said the deal also involved exporting Vietnamese-grown tea to Unilever's Lipton Tea unit.90 words
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Article124 1991-03-19 5 BRITISH Publisher Robert Maxwell, the new owner of the Daily News, said on Sunday advertisers are flocking back to the tabloid and he pledged the paper would be profitable within a year. Mr Maxwell, who purchased the strikebound paper on Thursday, told WNBC-TVS News forum124 words
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Article54 1991-03-19 5 BRITISH retailer Sears pic said it raised its offer for the Grattan mail order business of Next pic to £165 million (***** million) in a move to outbid Next's preferred buyers Otto-Versand Gmbh. The new £165 million offer is £14 million higher than Otto's latest bid,54 words
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Page 5 Advertisements
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Advertisement35 1991-03-19 5 FOR QALF TAMAN PERINDUSTRIAN CEMERLANG FREEHOLD DETACHED FACTORIES IN JOHOR BAHRU. Price from M 51,150,000 onwards m .v-ieV**. < tsAj v-<. Singapore Sole Marketing Agent: 11 Coiiyer Quay #13 01 The Arcade Singapore 0104. Fax *****3135 words
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Advertisement34 1991-03-19 5 0 V Omni®'Marco Polo Hotel 111 Mm, j//p> SINGAPORE Informal vet elegant with classic Continental cuisine for lunch and dinner. CALL 4 7 4 7 1 4 1. EXT. OMNI HOTELS ASIA PACIFIC t34 words
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FINANCIAL NEWS
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SMALL CHANGE
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75 1991-03-19 6 JAPAN'S three long-term credit hanks are likely to raise their long-term prime rate by about 0.2 percentage point in April from the current 7.5 per cent if current market conditions continue, bank officials said. The long-term prime is normally set 0.9 percentage point above75 words
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Article97 1991-03-19 6 NEW YORK-BASED Nomura Securities International Inc. a unit of Nomura Securities, will close its branches in Honolulu and San Francisco, a parent company spokesman said. The move is in line with NSl's desire to concentrate more on development and sales of new financial instruments to institutional97 words
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Article91 1991-03-19 6 THE Asian Development Bank (ADB) is considering a US$lOO million (S$ 175 million) loan to the Development Bank of the Philippines for relending to private telecommunication firms, the bank said in a statement. It also said it was studying the possibility of providing up to $4091 words
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Article63 1991-03-19 6 NORWAY'S Realkreditt A/S. the country's biggest mortgage and credit institution, said it had secured a financial bailout of 600 million crowns from creditors after record losses in 1990. Realkreditt, which has abandoned a planned merger with Christiania Bank og Kreditkasse, Norway's second largest bank, had earlier63 words
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337 1991-03-19 6 Shoeb Kagda - By Shoeb Kagda TO TAP the growing financial and futures markets of the Asia-Pacific, Tokyo-based Orix Commodities Corporation has expanded its operations to include Singapore. The company's whollyowned subsidiary Orix Commodities Singapore, was awarded corporate non-clear-ing membership on Simex last week. "We see337 words
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Article, Illustration402 1991-03-19 6 Reuter TAIWAN'S Finance Ministry, which last year saw its privatisation plans shot down by a prolonged stock market slump, is renewing efforts to sell its shares in three staterun commercial banks. The Securities and Exchange Commission said in Taipei yesterday thatReuter - 402 words
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436 1991-03-19 6 Reuter JAPAN and other major nations are prepared to step up joint action on currency markets. if needed, to stem the dollar's excessive rise, a senior Bank of Japan (BOJ) official said. "The dollar's recent rise is speculative, reflecting mainlyReuter - 436 words
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277 1991-03-19 6 Reuter GROUPE Bruxelles Lambert and Swiss holding company Pargesa Holding said they agreed to sell their stake ot nearly 50 per cent in Banque Internationale Luxembourg to Credit Communal de Belgique. a Belgian state-owned bank. The companies said in a joint statementReuter - 277 words
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Article, Illustration482 1991-03-19 6 Reuter WITH the hotel industry in China remaining unstable, international bankers could be forced to make provision against payment defaults on more than U552.34 billion (553.9 billion) worth of hotelrelated projects that have been arranged and syndicated by bankers over the pastReuter - 482 words
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Page 6 Advertisements
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Advertisement133 1991-03-19 6 Standard Poor's Information Group F/>A MPLETE v/V/VERAGE... You can use S&P Com Stock to run a variety of analytical fasr?t^TawqM^vL.jaa'JAmz^^:' CHHR software, access key news such as AP/Dow Jones Financial IS3P Wire financial information services. S&P Com Stock can JF /ij i provide you with everything you need to react133 words
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Page 7 Advertisements
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Advertisement207 1991-03-19 7 to 12 i H Thpnevl- 2 11 lv 1 Iv-A. L to step 3 9 6 -hour 4 day c o «> 7 6 With those extra hours you could do more busi- faster. You can also make timely collection of hire ness. While we can't alter the clock, Hongkongßank207 words
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Page 8 Advertisements
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Advertisement201 1991-03-19 8 Each Is An Expert At A Different Game... Jordan Black Baseball Enthusiast, Seiki Murono Experienced Quarterback, JSr Investment Management Account Management Alex Lee Avid Cyclist, Securities Trading But They All Play On The Same Team. From time deposits to foreign exchange trading; from ment strategies for the 90's. Their combined201 words
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THE REGION
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482 1991-03-19 9 IN A sweeping change to the procedures for approving new industrial projects and expansions, the Thai Industry Ministry will recommend to the Cabinet that unnecessary bans and restrictions, many of them illegally imposed, on 23 categories be lifted to allow freer development,482 words
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334 1991-03-19 9 Bernama BANK NEGARA'S guidelines not to allow non-resi-dents to obtain local bank loans for property purchases is curbing the development of the property market in Malaysia, a property consultant said in Kuala Lumpur yesterday. "The market should be allowed toBernama - 334 words
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Article, Illustration263 1991-03-19 9 Reuter AUSTRALIAN Prime Minister Bob Hawke said yesterday that the country's annual inflation rate is falling and will likely reach 4 per cent in the next two years. "I think we're likely to see that magical figure of 4 per cent in the life ofReuter - 263 words
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NOTE BOOK
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110 1991-03-19 9 AUSTRALIAN Finance Minister Ralph Willis said on Sunday that figures to be issued on Thursday could show the Australian economy grew in the December quarter of 1990. Mr Willis said that the increase in net exports in the three months to Dec 31110 words
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Article69 1991-03-19 9 ANGRY Western Australian farmers staged another earlymorning protest in Perth yesterday, dumping dead sheep at targeted locations in the city. Farmers are demanding that the Australian government underwrite the price of this season's wheat crop, guaranteeing a minimum of Aslso (S$ 195) a tonne, honour its69 words
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Article81 1991-03-19 9 THE PHILIPPINES' Deputy Foreign Affairs Minister, Manuel Yan. has met his Vietnamese counterpart in Hanoi for talks on bilateral issues and the Cambodian problem. Mr Yan, who arrived on Saturday on a six-day visit, was accompanied by a number of Filipino businessmen in his meeting with81 words
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Article113 1991-03-19 9 THE CENTRAL JAVA provincial government said local people will benefit from a new irrigation dam that hundreds of villagers are continuing to resist, the official Antara news agency reported last Sunday. The Kedungombo dam "will give huge benefits in terms of agriculture, fisheries, tourism and the113 words
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Article111 1991-03-19 9 THE UNITED STATES and Thailand agreed in Bangkok on Sunday that Indonesia and France should act to get the stalled Cambodian peace talks "back on the road". The Thai Foreign Ministry announcement followed a working dinner by US Assistant Secretary of State for East Asian111 words
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Page 9 Advertisements
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Advertisement301 1991-03-19 9 Mr Bill Fink at Cheshire Home, one of' the 42 charities supported by The Community Chest of Singapore Mr Bill Fink Managing Director GM Singapore Pt<> I td METAL/MECHANTcArENGINEERING COMPANIES IN THE SHARE PROGRAMME (as at 31 December 1990) AMTEK ENGRG LTD •APPLIED ENGINEERING PTE LTD ASIA STEEL WELDED MESH301 words
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THE WORLD 1
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Article, Illustration395 1991-03-19 10 Growth to remain ahead of US and rest of Europe NYT THE ECONOMIC BOOM that unity brought to western Germany is expected to slow significantly this year under the combined weight of eastern Germany's severe economic decline, recession in other industrialised nationsNYT - 395 words
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399 1991-03-19 10 AFP CHINA'S coastal cities are aggressively wooing South Korean investors as the central government balks at putting aside ideology to embrace a former enemy's wealth and technology. Trade officials in the north-eastern Chinese port of Tianjin say that investment from South KoreaAFP - 399 words
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205 1991-03-19 10 AFP A PLAN to raise the ceiling for duty-free goods bought by European Community nationals during visits to other EC countries was to be discussed in Brussels yesterday as part of moves to harmonise fiscal policy in the run-up to the deadlineAFP - 205 words
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520 1991-03-19 10 Reuter THE US economy has reached a fork in the road one lane points in the same recessionary direction travelled in recent months while the other leads towards a moderate upturn. The Federal Reserve, America's central bank, has beenReuter - 520 words
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Article, Illustration297 1991-03-19 11 AFP HONGKONG has warned China that the British colony's airport and port plan will be scrapped unless Beijing adopts "a more reasonable attitude" on the issue, the territory's governmentrun radio RTHK said yesterday. China has so far refused to endorse the US$2O billionAFP - 297 words
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WORLD WATCH
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77 1991-03-19 11 JAPAN'S Minister for International Trade and Industry (Miti), Mr Eichi Nakao, will begin a four-day visit to China on Thursday, his ministry said yesterday. It will be the first by a Miti minister to China since Beijing's military crackdown on student-led protest in June,77 words
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Article66 1991-03-19 11 CHINESE officials drafting Macau's future legal system have agreed that the Portuguese territory can keep all its revenues after reverting to Beijing's rule in 1999, an official report said yesterday. The officials said Macau would not have to turn over its revenues to Beijing, but added66 words
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Article56 1991-03-19 11 YUGOSLAVIA has offered to buy 10.000 Indian cars in exchange for ammunition in a counter-tradc deal worth more than US$4O million (Ss7o million), a newspaper reported yesterday. Belgrade has offered India ammunition and tire control systems for T-72 tanks and Bofors 155-mm field guns in the package,56 words
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Article69 1991-03-19 11 RESIDENTS of the Soviet-held Kurile Islands voted in a referendum on Sunday against returning one of four disputed islands to Japan as a gesture to improve relations with Tokyo. The independent Postfactum news agency quoted a local official in the chain as saying the vast majority69 words
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Article61 1991-03-19 11 CHINA wants to export skilled workers to Japan under Beijing government supervision, a Japanese economic daily said on Sunday. Nihon Kcizai Shimbun quoted Japanese Foreign Ministry sources as saying Beijing hoped to send workers after they had been trained in job skills and Japanese language61 words
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Article75 1991-03-19 11 PERU will seek treatment similar to that given Poland, whieh got a cut of" about 50 per cent, in its debt talks with the member countries of the Paris Club, Economy Minister Carlos Bolona said. "We hope that Poland will serve as a guideline and75 words
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Article64 1991-03-19 11 FINLAND appeared headed for a change of government after the opposition Centre Party ended the Stxial Democrats' 25-year reign as the biggest party in Parliament. In one of the biggest swings in post-war Finnish politics, the Centre Party increased its representation in the 2(X)-seat64 words
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Article66 1991-03-19 11 TAIWANESE business has invested more than US$2 billion (553.5 billion) in China, but about 80 per cent of the investment projects have resulted in losses, the Central News Agency said. It quoted Economics Ministry officials as saying that about 2,000 Taiwanese manufacturers had invested in66 words
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676 1991-03-19 11 Christopher Reed - IBM, GM, Bechtel among those benefiting from aftermath of war From Christopher Reed in LOS ANGELES WHILE THE US and its allies sort out the final cost of the Gulf war, American industry is already looking at a handsome profit from the conflict's676 words
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Advertisement353 1991-03-19 10 fe JL- J*'^3BB^^PBSSSBWP» r K^^SK I I ihrr I C) _JBLi._ 1 u, mv Nowadays, home computers are really cheap. That is, until you America's leading corporate computer manufacturer and winner of many start putting together the whole package of features above. Then, you'd distinguished awards including the Byte Magazine353 words
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Page 11 Advertisements
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Advertisement334 1991-03-19 11 HOW TO IMPROVE THE QUALITY OF YOUR WORKERS WHEN THEY'RE NOT WORKING. To stay ahead of the competition you w >" understand what quality is, its minced better quality workers producing better WORKperfect portance, and how to apply quality at quality products and services. The FAST FORWARD way to 100%334 words
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Article472 1991-03-19 12 EDITORIAL Brigadier-general Lee Hsien Loong recently called on business to place the common good before ethnic interest. His call was made at the installation of the new council of the Singapore Chinese Chamber of Commerce and Industry, but was clearly directed at all the country's chambers. They should472 words
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WHAT THE OTHERS SAY
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Article208 1991-03-19 12 TODAY'S re-emphasis on the mother tongues to link Singaporeans to their cultural roots is welcome, but basically it is no different from the earlier policy. It is just not enough to have the teaching of the mother tongues as inalienable policy if Singaporeans are to value208 words
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Article126 1991-03-19 12 THE return of the SAF medical team from the Gulf War is a proud moment for Singapore. Singapore deserves to be proud of her small but very meaningful contribution under the auspices of the United Nations. This is not the first such contribution from Singapore. Before this,126 words
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Article145 1991-03-19 12 MIXING a language with words from other languages is basically done out of laziness. The mass media, especially radio and TV stations, should hold fast to unadulterated Mandarin. Regardless of language medium, radio and TV stations have far-reaching influence and they must ensure a positive influence on145 words
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REGIONAL VIEWPOINTS
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Article196 1991-03-19 12 THE compromise decision that kept the meeting of Opec's Ministerial Monitoring Committee in Geneva on Tuesday from total failure will surely cheer the oil market which, according to most analysts, is suffering from an oversupply. Even though the meeting agreed only on a "token" cut from the196 words
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Article157 1991-03-19 12 THE National Peacekeeping Council finally did what it said it would avoid: stuffing the National Assembly with a large number of military officers and retired top brass. The list of 292 assembly members includes 148 military appointees, two votes more than a simple majority in the157 words
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Article127 1991-03-19 12 ANY plan, however tepid, to reform the Chinese legal system is welcome, because the state has used it to suppress dissent and to assert its supreme power. The current proposal to repeal the crime of "counter-revolution" and to replace it with the less emotive charge of "sedition" deserves127 words
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Article1055 1991-03-19 12 James Clad - James Clad makes an appeal to the West to work out its response to the present instability in India James Clad The writer, a senior associate of the Carnegie Endowment for International Peace, was South Asia correspondent for the Far Eastern Economic Review until1,055 words
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Page 12 Advertisements
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Advertisement846 1991-03-19 12 TECH TRADE (SINGAPORE) PTE LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Tech Trade (Singapore) Pte Ltd ("Tech Trade") wishes to announce that further to the announcement dated 31 January 1991 issued by the Company, all the conditions precedent set out in the conditional Sale846 words
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Page 12 Miscellaneous
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Miscellaneous16 1991-03-19 12 DOONESBURY BY GARRY TRUDEAU SS SSmfSS'J Tmjml w&S&e THeca- OFF LAST worn vew iNimsriHj CASH ONLY,16 words
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ANALYSIS
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580 1991-03-19 13 Lilian Ang - Lilian Ang reviews a book that takes the boredom out of reading history Lilian Ang Title: The Prize: The Epic Quest for Oil, Money and Power Author Daniel Yergin Publisher Simon and Schuster THE timing was exquisite. A book on oil was580 words
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Article, Illustration1092 1991-03-19 13 Paul Samuelson - Paul Samuelson shares his thoughts about the viability of an economic zone for the Pacific Paul Samuelson I hi' w rncr is u XtM-h izc winning irononust THE European Common Market is scheduled to become completely unified economically in 1992. America recently1,092 words
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986 1991-03-19 13 Barnaby Feder - Barnaby Feder reports on a consulting company devoted to analysing accidents and disasters Barnaby Feder NYT AFTER the brief Gulf War. in which very little went wrong for the allied forces, it may be seem odd that a company called the FailureNYT - 986 words
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INNOVATION & TECHNOLOGY
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Article521 1991-03-19 14 CHINA is set to start 20 special zones to encourage high technology, says the official China Daily. 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 State Council, China's521 words
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668 1991-03-19 14 Bart Ziegler - Big names muscling into the small world of laptops may find the competition a more than they can chew, reports Bart Ziegler Bart Ziegler AP The laptop computer market already one of the fastest growing segments of the computer industry will becomeAP - 668 words
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Article, Illustration414 1991-03-19 14 Steven Brull - Steven Brull reports on Japan's plan to make brain-like machines Steven Brull Reuter JAPAN plans to create computers made in the image of the human mind. In a major presentation this month, Japanese and foreign scientists outlined their ideas for a govern-ment-funded internationalReuter - 414 words
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Article, Illustration537 1991-03-19 14 Kenneth James - Kenneth James examines a promising new product and finds genuine glitter under the hype IT MATTERS Kenneth James Full-page ads in the local papers for a PC software product are, to put it gently, unusual. Lotus might do it537 words
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Article, Illustration246 1991-03-19 14 WHAT Object Vision, the latest offering from software developer Borland, offers is programming without tears. This innovative product enables professionals with no programming experience to create a business application in a remarkably short time. And it does this in the most intuitive manner possible, by246 words
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Page 14 Advertisements
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Advertisement353 1991-03-19 14 i i iS f jlj j I: j; I: The Worlds Fastest PC Has Just Been Made iven Faster' Running at a blinding disk drive spe«d of 7 03secs Increased flexibility comes with the provision ol __^B Clocking in a processing speed of 9 90secs EISA 32-bit EISA/16 bit ISA353 words
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Advertisement442 1991-03-19 14 —id KUALA LUMPUR INDUSTRIES BERHAD (Incorporated in Malaysia under the Companies Act, 1965) COMPOSITE SCHEMES OF ARRANGEMENT PURSUANT TO SECTION 176 OF THE COMPANIES ACT, 1965 and A RIGHTS ISSUE BY KUALA LUMPUR INDUSTRIES HOLDINGS BERHAD NOTICE OF CLOSURE OF BOOKS NOTICE IS HEREBY GIVEN that the Share Transfer Books442 words
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FOCUS
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Article, Illustration1316 1991-03-19 15 Alessandra Stanley - Alessandra Stanley takes a peek behind the very public face of newspaper tycoon Robert Maxwell to distinguish the man from the myth Alessandra Stanley NYT THE new owner of The Daily News took a moment out of a hectic, fax-filled hour last week to reflectNYT - 1,316 words
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Page 15 Advertisements
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Advertisement214 1991-03-19 15 GROW WITH §y§ IN THE Ml t S An established and fast expanding Financial Services Group seeks zestful, well-educated, confident and ambitious people. We particularly want people who want nothing less than a fulfilling, long term career and can contribute positively to our continued growth and advancement. SENIOR MIDDLE MANAGEMENT214 words
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Page 16 Advertisements
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Advertisement259 1991-03-19 16 WHERE TO WINE. DINE AND ENTEBTAIN WHERE TO WINE, DINE AMD ENTEBTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TCRRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT259 words
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Advertisement277 1991-03-19 16 m? DIANXIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-you-can-eat for only 116.80* per person. Lunch Hours: 11.30 am 2.30pm •Has 10% senior ihjfjir 4 4% (Mrmmeni u* HYATT REGENCY SWGAPORE 1012 Scons Road smgjp">re Wi2 Tel Delightful Dian Xin Enjoy the best from our a la carte277 words
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Advertisement278 1991-03-19 16 THEME KARAOKE HITS TOWN! At Smgsation Come experience the latest karaoke trend singing in different theme rooms From Outer Space to a Log Cabin, or even an Airplane Imagine being m someplace different every night. In fact, it's sensational! PLAZA HOTEL located dt basement of mutt* storey WA*«*coiounF4iL»!fm?»N«; carpark (come278 words
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Advertisement355 1991-03-19 16 vmmhhv JIL AM S^HUHXUIJkKxI Smorgasbord March 22-11 1 l unch: Noon 2.10 pm Dinner: 7 pm 10.30 pm Adult: $6++ Adult: $45 Child below 10: $18*- CSild below 10: 523++ We serve the uorld to ytm M Ibe Belvedere. <d//iam/arrn (S) (porr 1 1 In iKe traditiM jf mptren tn355 words
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Page 16 Miscellaneous
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Miscellaneous758 1991-03-19 16 TELEVISION AND RADIO -w 1 1 1 I cooking an exotic dish 7.25 Maghrib Prayer Call. 1 BUSINESS ON RADIO T AAI/in nor 1!/ soo N^\i» ar,oon> 1 jCIC llv I 1 1 UCIL/l\ 6.30 PM CNN International (L). 800 It's Your Move (Stereo. L). B*4o Drama Salam Budi. JBC,758 words
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LIFESTYLE
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Article, Illustration1143 1991-03-19 17 Joy Horowitz - Joy Horowitz delves into the lighter side of superstar Meryl Streep Joy Horowitz NYT THE tragic heroine, the brilliant mimic, the woman of a thousand accents. Mary Louise Streep is also something else she's a goof. "I feel like a big piece of furniture." Streep groans, referringNYT - 1,143 words
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732 1991-03-19 17 Reuter WORLD-acclaimed director Akira Kurosawa has been welcomed hack to the bosom of the Japanese film establishment. But his new picture's treatment of a World War Two theme could leave him open to foreign criticism that Japanese backing has coloured his perspective. ForReuter - 732 words
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Article, Illustration582 1991-03-19 17 CHATTERBOX A GALA concert and dinner at the Kennedy Centre for the Performing Arts in Washington featured short pieces by several of America's leading artists, which led the violinist Isaac Stern to quip: "How often in this city do you see time limited?" Stern's582 words
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Page 17 Advertisements
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Advertisement245 1991-03-19 17 AND ENTERTAIN Set Your Heart On Our Set Meals. wR' 11 V" s l)INM K >Cl'\! U > I J •'x.. >l V 1 M vni MV>* II R I'l KM >N [he Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. H very245 words
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Advertisement99 1991-03-19 17 <('*ll TRADITIONAL CANTONESE CUISINE I H O BEST HONG KONG c DIAN XIN IN TOWN China China Restaurant 1 Marina Bay Golf Country Club L V J> 6 Marina Green Singapore 0101. for Reservations Please Call ***** U. j The freshest, liveliest seafood place in town. You'll have to go99 words
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SPORTS
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Article, Illustration744 1991-03-19 18 International Players' Championship AFP UPI BORIS BECKER and Andre Agassi were both pushed to the limit but survived their opening matches on Sunday at the International Players Championship in Florida. Becker, seeded second, trailed 5-2 in the third set and was down 4-1 in theAFP; UPI - 744 words
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557 1991-03-19 18 AP ITALIAN Alberto Tomba has threatened legal action and said he might never attend another World Cup race at Lake Louise, Alberta, after being prevented from competing in a super giant slalom on Sunday. The fiery Italian had his chair-liftAP - 557 words
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Article212 1991-03-19 18 UPI GIVEN the choicc, Mike Tyson would much rather duck reporters than opponents. The former heavyweight champion has no one to answer to when he dodges questions, but he'd surely be called on his claim as the best in the world if he ran fromUPI - 212 words
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282 1991-03-19 18 AFP PENNY HAMMEL sank a 20-foot birdie putt on the 17th hole on Sunday to break out of a tie with Beth Daniel and win the Desert Inn Classic in Las Vegas. Hammel, who began the day trailing Daniel by two shots with sixAFP - 282 words
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SIDE LINES
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109 1991-03-19 18 LEE TREVINO clinched his second victory of the year on Sunday when he eagled the 18th hole to capture the rainshortened USS3SO.O(X) (*****.000) Vantage Seniors Tournament by two strokes. Trevino, who has won nine titles since joining the circuit in 1989. fired a 7-under-par109 words
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Article111 1991-03-19 18 TONY ROMINGER became the first Swiss to win the Paris-to-Nice cycling race on Sunday, taking the final stage by one second and finishing the 957-kni race with nearly a two-min-ute lead. Confirmation of Rominger's victory, and the fifth stage of the Tirreno-Adriatico race in Italy, were111 words
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Article67 1991-03-19 18 CANADA'S Mark Tewksbury set a world record in the 100metre backstroke and Germany's Josef Hladky broke the world record in the 100-metre medley during an international swim meet in Bonn. Tewksbury's world record on Saturday was the first recognised over short 25-metre courses. Hladky swam the67 words
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Article68 1991-03-19 18 SPORTS officials paved the way on Sunday for a new single governing body to run the country's athletics. The British Athletic Federation (BAF) will be set up later in the year, after virtually unanimous meetings of the British Amateur Athletic Board and the men's and women's68 words
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Article54 1991-03-19 18 TWO late goals from 21-year-old striker Kevin Campbell gave Arsenal a 2-0 victory o\er Leeds on Sunday, and sent the Gunners straight back to the top of the English First Division. Campbell struck twice in the last 13 minutes to end what looked like vet another deadlock54 words
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Article74 1991-03-19 18 AFTER winning the Five Nations Championship. England is now increasingly confident of beating the mighty All Blacks in this year's rugby union World Cup. Alter a night ol celebrations following its narrow 21-19 win over France at Twickenham on Saturday to take the Grand Slam. England players promised74 words
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Article88 1991-03-19 18 MICHAEL CARBAJAL got all he could handle from Javier Varguez in Las Vegas on Sunday but retained his International Boxing Federation light flyweight title and remained undefeated on a unanimous decision. Carbajal. who had not gone beyond five rounds since taking the crown from Thailand's88 words
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Article, Illustration783 1991-03-19 18 AP ANDREW MAGEE had to sweat out a 2-hour, 55-min-ute delay and a reluctant decision by Arnold Palmer before he became the winner on Sunday in the rain-short-ened Nestle Invitational. Magee, lifted into the lead on the soggy. sodden wings of aAP - 783 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4767 1991-03-19 19 Quak Hiang Whai - By Quak Hiang Whai SHARE PRICES on the Singapore stoek market closed slightly lower on profit-taking yesterday, with the Straits Times Industrials Index shedding 6.58 points to 1,486.13. Dealers said the market was continuing its technical correction which began last week. Profit-taking on selected4,767 words
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Article4269 1991-03-19 20 Main Board Metalock 23* 318 H4 »4.6% CK Tang 438 H2 t^.8% SIA Foreign 1760 MO M).6'N> SPH Foreign 1120 10 0 9% Roth Inds 54>* 520 1 10 2.0% CiK Cioh 20* 123 10 -8.8% C&C 440 f 8 H 9% S Steamship 50*4,269 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4162 1991-03-19 21 Bernama SHAKE PRICKS on the Kuala Lumpur stock market finished easier yesterday on profit-taking. The KLSE Composite Index lost 3.23 points to 596.62 while the Industrial Index fell 11.43 points to 1,146.85. Losers led gainers 156 to 58 while 43 counters were unchanged. The readyBernama - 4,162 words
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Page 21 Advertisements
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Advertisement105 1991-03-19 21 NEWS TRAVELS '"yp" ALL ADVERTISING MESSAGES are effective. To varying degrees. In Singapore. when you want to reach out to a select target audience in the transport industry, only one daily offers you the advantage of maximum reach at minimum costs. And that's Shipping Times. Everyday Shipping Times brings you:105 words
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BT SHARE INFORMATION SERVICE
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Article149 1991-03-19 22 Company Date Year Group Not Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) Van dei Horst Mar 1? Sep 90 $2,451 v$l 902) 4 2(3 3) l(-) G Securities Mar 11 Dec 90 $1691(11,102) 3 1(20) 10(/5) Public Bank Mar 9 Dec 90 M$75,483($50149 words
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Article404 1991-03-19 22 Company Date Year Group pre-tax Net earnings Gross ann to prom/less (L) per share dividend ('000) (cents) GE Lite Mar 14 Dec 90 529.956c (524.455c) 61 /(60 6) 20(18) MUI Mar 14 Dec 90 M562.814(538.656) 5 3(3 7a) 5 5(3 la) Sup Metal Mar 13 Dec 90 53.070(52.314)404 words
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Article320 1991-03-19 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (•000) FAJ Ins Mar 13 Dec 90 A$29.495L($27,905) 40(50) Boustead Mar 12 Dec 90 MSI 7.902(520.406) 5(5) H leong Ind Mar 12 Dec 90 MS43 888(528.362 6(6) Hume M Mar 12 Dec 90 M$31.418($20,156) 5(5) Rothmans Ind320 words
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Article560 1991-03-19 22 Mar 15 GK Goh Holdings has proposed a 1 for 4 bonus share issue in spite of a drastic fall in its earnings for the six months ended Dec 31. 1990 The OUB group's Mandarin hotel chain is about to embark on a third hotel project on Hainan560 words
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Article643 1991-03-19 22 Current Ex Books Date Total for Total for payment date close payable the year last year Mean Fund USSO 10(b) Mar 18 Mar 28 Apr 8 US$010 JUmo 5%TE Feb 25 Mar 7 May 15 12 5%TE 25%TE BAT 104 81 Apr 15 Apr 26 May 10 1524%643 words
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Article744 1991-03-19 22 Main Board Last Fun Company Pcnod Date Year Net EPS Gross Het amouiced endnt (cents) <•* last year (WOO) CUB Packapif Interim Now 13 Dec 90 29 7 132 11.616(e) BMT Interim lan 10 Jun 91 254 2 1500 773 Apolo final Feb 16 Dec 90 1746L Yaohan744 words
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Article859 1991-03-19 22 BONDS, LOANS WARRANT? Company Conversion period Conversion term for one ordinary share CtC Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loin Causeway Wt 2/10/89 to 20 10 94 1 warrant plus JO 77 cash or 1 warrant plus JO 77 nominal amount of loan stock Chuan Hup859 words
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Article219 1991-03-19 22 Company Rights Issue M leong Credit Two for five M$2 00 per share Ei-date Feb 21 Boohs close Mar J Acceptance Payment Apr 19 Kl Industries One Kuala Lumpur Industries Hldgs Bhd share of MJl each for seven Kll shares of 50 sen each Rights issue of one-for219 words
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Article335 1991-03-19 22 Company Rights Issue Aicam One I." two yi Mil 00 per share Issue ot 40m Cumulative Redeemable Preference Shares ol M$0 10 each at W$1 per share wth 10m detachable 1SR Bolton One tot four <u M$2 00 pet share Gcor(t Kent One tot two <a Mil 50335 words
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Article84 1991-03-19 22 Sports Toto Holdings Bhd: EGM at the Banquet Room, Kelab Darul Ehsan, Taman Tun Abdul Razak. ***** Ampang Jaya. Selangor Darui Ehsan on Tuesday, March 19. at 10am. Inter-Pacific Industrial Group Bhd: EGWI at the Banquet Room, Kelab Darul Ehsan, Taman Tun Abdul Razak. ***** Ampang Jaya. Selangor84 words
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Article241 1991-03-19 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 hifh: *****7 (7/3/91) 1991 hifti: *****7 (7/3/91) 1991 low: 1022 52 (16/1/91) 1991 tew 1149 08 (16/1/91) 1990 htjh: *****3 (16/7 90) 1990 htfh: 1607 12 (27/3/90) 1990 tow: 981 07 09 11 90) 1990 tow: *****0 (11/10 90) 1989241 words
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Page 22 Advertisements
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Advertisement292 1991-03-19 22 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your subscription now. 5 Lucky Draw Prizes The first 100 subscribers will each receive a set of two Sourcecom Audio Programmes from Panicker and Dang worth almost $50. You can choose between A. "Negotiation292 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2237 1991-03-19 23 Reuter TOKYO stocks closed firmer but off their highs, with the Nikkei index ending above 27,000 points for the first time since August 16. Growing expectations of a drop in interest rates and a lack of institutional selling before the fiscal year-endReuter - 2,237 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2173 1991-03-19 23 AP SHARE prices on the Hongkong Stock Exchange closed mixed in active trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, gained 1.96 points, closing at 3,724.35. Turnover amounted to HKSI.69 billion, down from Friday's HK.51.76 billion. Share pricesAP - 2,173 words
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Page 23 Advertisements
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Advertisement15 1991-03-19 23 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times15 words
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REGIONAL STOCK MARKETS
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Aussie market at its best close for the year
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Article1008 1991-03-19 24 HOPES for a further cut in interest rates combined with lower inflationary expectations fuelled buying and sent the Australian share market to its highest close for the year. Brokers said the move confirmed the equities market was in a bull phase and could rally to 1500 in the near1,008 words
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Article87 1991-03-19 24 Close Previous +7March IK SYDNEY All Ordinaries Index 1.457.8 1,444.2 *-12.8 All Industrials Index 2.237.8 2.217.8 4 20.0 All Resources Index 857.8 850 4 f 7.4 Turnover (million) 81.98 102.62 -20.64 BANGKOK SET Index 885.16. 871.85 +13.31 Turnover (million bahl) NA 6.400 JAKARTA Composite Index 398.87 401.93 -2.16 MANILA Composite87 words
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Article801 1991-03-19 24 THAI stocks continued their steady week-long rise in mixed trading yester- day as the market warmed to signs of firmer political ground, brokers said. The SET index retreated from an early leap but still closed 13.31 points higher at 885.16. Banking dragged but the commerce, mining and construction counters801 words
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Article444 1991-03-19 24 LATE selling in the key financial sector pulled Taiwan share prices sharply lower yesterday amid worries over government plans to sell some of its shares in three state-run commercial banks, brokers said. The weighted index, closed 135.03 points lower at 4.818.84 from Saturday's 4,953.87 finish. Turnover rose to NTSSB444 words
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Article762 1991-03-19 24 SHARE prices slipped in thin trading on the South Korea Stock Exchange yesterday under the pressure of a government move to tighten up money circulation. The composite price index of the exchange lost 1.49 points to finish at 678.15. Declines pounded advances 565 to 146 among the 802 issues762 words
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Article363 1991-03-19 24 In local nrmc) In S$ In I SS S da> S year S day year day >«r \K 15 Index change changc change change change change World 412.0 0.7 150 0.3 13.7 0.1 12.9 iE\FE 545 8 09 16.1 0.4 13.8 0.2 13.0 Europe 427.3 0.0 17.2 -0.8 11.9 -1.0363 words
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Article270 1991-03-19 24 NEW ZEALAND shares ended slightly higher yesterday after a day eharacterised by two large lines in Wilson and Horton and Air New Zealand. The Barclays index estimate rose 8.40 points to end at 1,328.12. Topping the turnover list was Air NZ. which rose five cents to $1.35 on270 words
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Article599 1991-03-19 24 JAKARTA shares prices edged down in much thinner trading at the start of Ramadhan after last Friday's burst of activity, despite more banks lowering their interest rates, brokers said. The index dropped 2.16 points to 398.87 from Friday's officially revised level while turnover slumped to 2.83 million shares from599 words
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Article508 1991-03-19 24 PHILIPPINE shares closed mixed in sluggish trading yesterday ahead of Lent and taxes due next month, but a few issues posted enough gains to push the main index back above the 1000-point resistance level, brokers said. The Manila Stock Exchange composite index settled at 1.007.56 points, up 8.5 from508 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration868 1991-03-19 25 David Gabriel - THE SANGJ^NOjL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures. YOUSource: TeleTrac - 868 words
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433 1991-03-19 25 ASIA THE US DOLLAR yesterday inched higher during a fairly quiet European morning session with positive sentiment still in place despite the fear of aggressive and concerted central bank intervention, dealers said. The Bank of Japan managed to stem another speculative US433 words
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Article1187 1991-03-19 25 SIMEX EUWOPOLLAW Open High Low Sett Est Vol Op/Int Vol Mar 91 93.62 93 64 9161 916i 600 7io3 376? Jun 91 93.43 93.45 93.39 93.40 ***** ***** 5851 Sep 91 93.12 93.13 93.08 93 08 3200 6567 1271 Dec 91 92.65 92.65 92.61 92.61 821 8621 12501,187 words
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Article395 1991-03-19 25 Crass rates Maris USS SS MS Dm Yen SFr AS NZS USS 1.7600 2.7400 1.6065 137.95 0.5484 1.3910 1.3004 1.6835 SS 0.5682 1.5568 0.9128 0.7838 0.3116 0.7903 0.7389 0.9565 MS 0.3650 64.23 0.5863 0.5035 0.2001 0.5077 0.4746 0.6144 Dm 0.6225 1.0955 1.7056 85.87 0.3414 0.8659 0.8095 1.0479395 words
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Article565 1991-03-19 25 Interbank rates S$ Bid Offer Overnight 4 4 1/4 1-month 4 1/2 4 5/8 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-1/2 US$ Bid Offer 7 days 6 1/16 6 3/16 1 month 6 3/8 6 1/2 2 months 6 3/8 6 1/2565 words
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COMMODITIES
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375 1991-03-19 26 Bernama MALAYSIA'S timber exports by volume totalled 4.11 million cubic metres last year, down 10 per cent from the 1989 level, the Malaysian Timber Industry Board said. The MTIB added in the latest issue of its monthly bulletin, Maskayu, that cumulative exportBernama - 375 words
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Article, Illustration211 1991-03-19 26 AFP FRENCH Foreign Minister Roland Dumas has urged Mexico to join a French initiative aimed at starting a dialogue between oil producers and consumers in order to stabilise the world petroleum market. "In our opinion Mexico has an important role inAFP - 211 words
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873 1991-03-19 26 REPORTS THE price of tin on the Kuala I.umpur Tin Market closed at M$ 14.72 per kg yesterday, down 15 sen from last Friday, its biggest plunge in six weeks. The sharp fall was caused by higher offerings by miners while buyers873 words
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Article1434 1991-03-19 26 Rubber Mans MSthfchW-) S cents/kg Noon Close Int I RSS Prompt 144 50/I45.50N 144 MVI45.50N Inl I RSS Apr 91 146.50/147.00 146.50/147.00 Int I RSS May 149.00/149 50 149.00/149 50 Int 2 RSS OP 143.50/145 50N 143 50/145 50N Int 3 RSS OP 138.50/140 50N 138 50/140 50N Int1,434 words
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Page 26 Advertisements
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Advertisement242 1991-03-19 26 NOTICE IN THE MATTER OF THE COMPANIES ACT CAP M AND IN THE MATTER OP BEROB SINGAPORE PTE LTD (la Members' Voluntary Liquids Hon) NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that a Final Meeting of the members of242 words
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Advertisement48 1991-03-19 26 Have the essence of management at your fingertips Watch Your I Figures Excellence in I Management I Getting I Things Pone I Understanding I productivity j Getting 1 I Realities in I Management Effective I Management I AtWorU 1 Business I Available at all good bookshops Federal Publications48 words
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Advertisement11 1991-03-19 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1115 1991-03-19 27 City Flight ETA Flight ETC AIm Dhabi GA893 1235 GA892 0355 GA974 2135 GA886 2220 Mala id* SQ228 1910 QF82 2115 QF7 2155 Hwmin RJ83 0350 Amstantem GA893 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Atham SQ24~ 2215 Aacklaad NZ351,115 words
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THE TRAVEL PAGE
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Article, Illustration551 1991-03-19 27 John H Cushman, Jr - NOTES FROM THE US By John H Cushman, Jr MORE than a year after ordering the airlines to take new steps to help passengers get off planes quickly after accidents, the US government has failed to enforce the order and many airlines have not551 words
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Article149 1991-03-19 27 As at 3pm yesterday: Ixjcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3460 1.3660 Canadian dollar 1.5050 1.5150 NZ dollar 1.0360 1.0760 Sterling pound 3.1900 3.2200 US dollar 1.7520 1.7670 Ixml dollars to 100 units of foreign currency Austrian schilling 15.30 16.30149 words
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Article59 1991-03-19 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Apnl Expo-Optica Spain IFEMA ********** International Barcelona Foire de (34)3/423.31.01 8-13 Construction Fair Bareelone (FOIM) Apnl 17th International Centro Fundacion Fl (541)*****25 April International Budapest. HIJNGEXPO *****^0990 5-22 Book Fair Municipal de Libro 9-12 Exhibition of Hungary59 words
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Page 27 Advertisements
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Advertisement43 1991-03-19 27 Bud, youll be a lot wiser when you learn about Pinnair's New York route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish.43 words
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Advertisement83 1991-03-19 27 TUESDAYaj Designer THOAAAS WEE. He left school with O levels. Became medical dispenser and part-time waiter, Then lucky break. Today he's established Singapore. Thomas Wee's climb up success ladder Irene Ng's Actor ROHAN KAPOOR. M He's an up-and-coming star India no to the famous Kapoors clan of Indian filmdom. HHMN83 words
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Page 27 Miscellaneous
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Miscellaneous267 1991-03-19 27 1 Drink with little hesitaso H M M H 5 Stays, but desires to move respecting ""MB"" ■Bf""""I(BT"BB~"""|^B"~"" 10 Gave away and took pho- fi tographs (7) de- H 12 Quiet trainee making a 13 Some more menacing rebels get the bird (5) 15 Where to pull a hundred r__L_l__267 words
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Miscellaneous216 1991-03-19 27 j lUiilWiAflHHlH i Singapore Outlook: Showers over many areas in the late morning and early afternoon. Forecast: Maximum temperature 32.1 Assoc humidity 62% Minimum temperature 26.2* C Assoc humidity 89% Flours of sunshine 5.10 Rainfall in mm Nil Rainfall this month 1.3 Rainy days this month I World forecast Asia-Pacific216 words
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Miscellaneous33 1991-03-19 27 &Ris T ou) look Gost Tvae of it tm<es itcmv. ctfOCUS N ro>y uiirvlQOw 6QX... ._J V 1 y -f^lTI k rp not. DQM'T Mfr4D I 8377 c EVENIWO »TAMOAWQCO. LTD IMMMI WW—»33 words
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Article, Illustration419 1991-03-19 28 Reuters A REFERENDUM has failed to give Soviet President Mikhail Gorbachev a ringing endorsement of his vision of a new union, underscoring the centrifugal forces pulling the country apart. Early voting returns from Sunday's poll showed only limited support for Mr Gorbachev'sReuters - 419 words
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187 1991-03-19 28 AT LEAST one trillion rupiah (about SsBBo million) in Indonesian government funds has been lost in the current fiscal year because of "irregularities** in state finances, the Jakarta Post said yesterday. It quoted Vice-President Sudharmono as telling journalists after a meeting last Saturday187 words
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231 1991-03-19 28 Quak Hiang Whai - But curbs on Iraqi assets still remain By Quak Hiang Whai FOLLOWING similar moves made by central banks recently, the Singapore government yesterday lifted its restrictions placed on Kuwaiti assets last August. Restrictions on Iraqi assets, however, still remain. In a circular to the231 words
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378 1991-03-19 28 Dexter Lee - By Dexter Lee MOST of the 38 scheduled flights a week to Singapore that were suspended in the wake of the Gulf crisis will be restored within a month. The Civil Aviation Authority of Singapore (CAAS) yesterday said said 11 airlines had either378 words
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411 1991-03-19 28 Agencies IN A FLURRY of diplomatic developments in the Middle East on Sunday. Saudi Arabia was reportedly set to resume diplomatic relations with Iran while Israel was said to be ready to negotiate with Syria about the Golan Heights. The Omani NewsAgencies - 411 words
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Article, Illustration675 1991-03-19 28 CONRAD RAJ; CONRAD RAJ - The Bottom Line CONRAD RAJ CONRAD RAJ The writer is one oj BT's news editors BEING a member of a company's board of directors can be both prestigious and lucrative. But with the money and glamour come duties and obligations that can sometimes675 words
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463 1991-03-19 28 Chew Eng Han - By Chew Eng Han AMONG the Asian stock markets, investment house W I Carr is most bullish about Hongkong, Indonesia and Malaysia. These upbeat sentiments were expressed by the investment house's senior analyst and the heads of research in the respective463 words
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Page 28 Advertisements
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Advertisement61 1991-03-19 28 jflL Baume Mercier GENEVE 1830 LEITZ "mmT 5281 i r ggfr 2425 ■^p— -*WB 5700 "^2 The Leitz Ambiente Grey Leitz is known worldwide for office filing equipment and supplies. Its Ambiente Grey range will equip any office with that stamp of success and efficiency. jg BALMAR MAKPf *IHf» Tel61 words
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Advertisement61 1991-03-19 28 JIL Baume Mercier GENEVE 1830 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! Complete facilities telex, fax, copier word processing, secretarial services conference room, answering service, long short term lease you name it! l|:| For Sound Investment Decisions g INVESTAMATIC Fundamental Analysis* Technical Analysis •Quantitative61 words
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Shipping Times
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225 1991-03-19 29 JAKARTA plans to build several new roads and overpasses in the 1991/92 fiscal year, which starts next month, said Governor Wiyogo Atmodarminto. According to the Jakarta Post, the city's administration also plans to build an overpass in East Jakarta and another in225 words
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446 1991-03-19 29 Selva Kumar - By Selva Kumar FALLING bunker prices have prompted the Transpacific Westbound Rate Agreement to further reduce its fuel adjustment factor (FAF) surcharge. From next month, TWRA's fuel surcharges will be US$4O (Ss6B) per 40-foot and 45-foot container (FEU), US$32 per 20-foot container (TEU), US$2O446 words
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293 1991-03-19 29 AFP THE BEIRUT PORT was to resume official business under government control last Saturday with the arrival of a containership after a near-18 month paralysis and 15 years of chaotic traffic. The port had been run by the powerful Christian Lebanese ForcesAFP - 293 words
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359 1991-03-19 29 Zulkifli Othman - By Zulkifli Othman THE Johor container terminal has been fully absorbed into the mainstream operations of Johor port since the Johor Port Authority reassumed control of the terminal after five years under private management. JPA chairman Datuk Sulaiman Mohamed Nor said the transition359 words
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Article336 1991-03-19 29 AFP PHILIPPINE AIRLINES (PAL) pilots want to buy the state-owned carrier when it is privatised this year and have dangled a strike threat to back their demand, a newspaper reported in Manila yesterday. The Daily Globe said it obtained documents showing a corporation led byAFP - 336 words
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292 1991-03-19 29 UPI A MAJOR CRACKDOWN on illegal fishing by Indonesian vessels in Australia's northern waters has netted so many offenders that it has turned into a logistical headache, officials said in Darwin on Sunday. Thirty vessels, apprehended by Australian navy patrol ships in theUPI - 292 words
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Article, Illustration284 1991-03-19 29 FLEDGLING Taiwanese airline Eva Airways is rapidly expanding its operations, adding more planes to its fleet and boosting its services network. The carrier, a subsidiary of shipping giant Evergreen Marine Corp, will start flying to Austria "no later than this autumn", said284 words
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NEWS SUMMARY
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58 1991-03-19 29 UPGRADING of container terminal facilities in Australia is now proceeding at a greater pace than at any other time in the country's recent maritime history. At the forefront of developments is National Terminals (Australia), in which Australian National Line has a 60 per cent holding,58 words
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62 1991-03-19 29 NORWEGIAN INVESTOR Torstein Hagen still has a fighting chance of gaining a seat on Koninklijke Nedlloyd Groep NV's supervisory board despite being rebuffed at an EGM last Thursday, analysts said. Richard Brakenhoff of Pierson Heldring Pierson said the issue could turn on whether62 words
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Article32 1991-03-19 29 ONE THING you can say for the airline industry: It has certainly offered investors a lot of ways to lose money over the last year Back Page32 words
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33 1991-03-19 29 ABOUT 3,000 stevedores in seven ports went on strike last Saturday for higher wages, ignoring a government call to let a government anti-inflation plan work Back Page33 words
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LOG BOOK
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68 1991-03-19 30 CONSOLIDATED FREIGHTWAYS INC has terminated talks with Air Express International over the sale of certain assets of the Emery Worldwide subsidiary of Consolidated Freightways. "The company has recently held discussions with Air Express International for the sale of certain assets of Emery Worldwide," Raymond68 words
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Article81 1991-03-19 30 NORTHWEST AIRLINES, a unit of NWA Inc, said it and KLM Royal Dutch Airlines will begin service between Minneapolis/St Paul and Amsterdam on April 2 in a cooperative pact. The twice weekly flight will be operated by KLM and dual-designated as both a KLM and81 words
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Article47 1991-03-19 30 TAIWANESE shipping major Evergreen will be represented in Germany by its own liner agency company, Evergreen International (Deutschland), from April 1. The carrier is currently represented by Continental Seaways, which has been its agent since Evergreen entered the North European trades in 1979.47 words
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Article52 1991-03-19 30 HONGKONG BASED Orient Overseas Container Lines (OOCL) recently officially launched its new 38,000 sq foot territorial headquarters for the UK and Europe. The new set-up, located at Levingston in the south-east of England, forms part of the carrier's strategy to further improve its global52 words
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Article39 1991-03-19 30 SHIPPING AND TOURISM GROUP Hapag-Lloyd said its management board proposed an unchanged dividend of eight marks on 1990 results. A company statement said the proposal would be made at the shareholders' meeting in July 27.39 words
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Article115 1991-03-19 30 THE WORLD'S biggest marina for pleasure boats was closed on Sunday when an anchor from a tanker apparently ruptured an underwater pipeline in Santa Monica Bay, a Coast Guard spokesman said. Booms were put across the entrance to the Marina Del Rey marina, Los115 words
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Article35 1991-03-19 30 EIGHTEEN FISHING BOATS and other vessels that brought thousands of asylum-seekers to Italy will be allowed to return to Albania one carrying Albanians who have changed their minds about emigrating.35 words
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Article, Illustration1630 1991-03-19 30 A look at some of the container terminals in Australia that are being modernised and improved to meet the future needs of ocean carriers UPGRADING of container terminal facilities in Australia is now proceeding at a greater pace than at any other time in1,630 words
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Article891 1991-03-19 30 March 21-23: Seminar on Commercial Shipping. Letter of Credit and Cargo Claims of International Trade Specific Issues, Contextual Practice and Operational Process. Organised by Facs World Pte Ltd at Carlton Hotel. For further enquires call *****71 or fax: 292-2875. March 26-28: SingaPort *91 International Conference for the Maritime891 words
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Article11296 1991-03-19 38 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. Advanced dates are published for a maximum11,296 words
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Article3339 1991-03-19 43 Containerline NV: Bclsin Shpg Agencies Pie L td (SyMarinc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Vdkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Vhrenkiel Liner Service: Kim Shpg Trdg (S) \lbntros Sea-Air Service: Frata Shpg Pte Ltd (S).3,339 words
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Article252 1991-03-19 43 Abacus C ouriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight C orporation Tel: 542-8844 Fax: *****16, *****80. Ainwift Worldwide C ourier Tel: 278-0188 Fax: *****83. AJS SappUes Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak International Tel: 344-3377. Fax: *****50 Claster Link252 words
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Article1494 1991-03-19 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Aerotink Freight International Tel: 545-8031 Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Now Express Td: 542-5454. Fax: *****06 Air Express International Td. 542-7666 Fax: *****74. *****50. Air1,494 words
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Article2793 1991-03-19 44 AUSTRALIA Mwlehr Coal: 1 vessel loading. 5 waiting; 5 vessels due by March 30. Gladstone: Ginton Nos.l 2: Coal: I v essel loading, 15 vessels due by late March; 1 day delay expected. Barney Point: Coal: berth vacant; 3 vessels due by April 9; no delays. Auckland Point2,793 words
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Article462 1991-03-19 44 ARRIVALS Op Flight Type ETA T From TODAY JAL JL6I7 B747F 0200 1 NRT KAL KE697 B747F 0220 1 SEL NCA KZ205 B747F 0310 1 NRT CLX CV796 B747F 2215 1 LUX/KUL TOMORROW CAL CI333 B747F 01 IS I TPE AZA AZ997 DC8F 0235 1 SYD SI462 words
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Article632 1991-03-19 44 SHIP SALES TANKER RATES Reuter AFP THE SALE and purchase market featured strong enquiry for handy size and panamax bulk carriers, especially lower capital vessels, secondhand tonnage brokers said. The extra demand for tonnage is due to the recent strong advance in dry cargo freight rates, they added. VESSELS SOLOReuter; AFP - 632 words
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Article256 1991-03-19 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep N—e of Vtsstl ETA ETP Porta of Calls Port Agent MARCH 21 21 Cora Princess 1000 2230 Jakarta-Sin-Jakarta Sembawang Johnson 24 25 Maxim Gorki 0800 1700 Bangkok-Sin- Singapore Soviet Shpg Co P K clang 24 25 Song of Flower 1100 2230 P Seribu-Sin-256 words
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SHIPS IN PORT
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Article613 1991-03-19 45 fry Hi hrih taint Dcpartuf Kappal Wharves Aurora Sky 28 K29 alongside 1803/1100 Frotano 62WB K33 akwgsnk 1803/1300 Kota Mo<ek E-892 K31 2203/1830 KoU Wang' #630 K32 akw*s*Je 1903/0600 ruhotiic 3/91 H30 ak>i«side 19 03/2300 Frotamanla 38£B C10 18.03/1600 1903/2300 Kola Akbar E-890 K32 1903/0800 25.03/0600 Shapiaeveret613 words
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Article1220 1991-03-19 45 RECEIVING Of EXPORT Fa CONTAINERS AND LCL CARGO Record Boofa(/Balance Rstts 9* Voy No Etb/Btr Period From To From to Jade 39A 20/1500 1 18/1500 18/1659 18/1900 2 18/1700 19/0659 19/0900 3 Cancelled 4 19/1200 19/1459 19/1/00 to Lotus 10B 19/1600 1 18/1500 18/1659 18/1900 A1 Pnde *****1,220 words
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Article258 1991-03-19 45 HMM Port Berth in Butterworth on March 19: 1: Trade Fair; 2: Bangkachai; 3: nil; 4: ml; 5; ml; 6: ml. Parang Mori: NB Chin Tsair Jin; CB: Cipta Raya; SB ml. BCT: Bl: Anangel Spirit; Bll: Leon; l/B: mi. VOIP: ml. Due on March 18: Kim258 words
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Article1036 1991-03-19 45 CHARTERING on the dry cargo freight market ended last week quietly with further signs of weakening rates as the Baltic Freight Index fell a further nine points to 1,761, brokers said. All the BFI sub-indices were cither unchanged or lower except the petroleum, coke and iron ore routes.1,036 words
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580 1991-03-19 46 Reuter NORWEGIAN INVESTOR Torstein Hagen still has a fighting chance of gaining a seat on Koninklijke Nedlloyd Groep NV's supervisory board despite being rebuffed at an extraordinary shareholders' meeting last Thursday, analysts said. "Nedlloyd is fighting a losing battle in trying toReuter - 580 words
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Article, Illustration527 1991-03-19 46 NVT ONE THING you ean say for the airline industry: It has certainly offered investors a lot of ways to lose money over the last year. There's the old-fashioned route of buying stock in an airline like Pan American, the latest carrier to seek bankruptcyNVT - 527 words
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251 1991-03-19 46 AP ABOUT 3,0(X) stevedores in seven ports went on strike last Saturday for higher wages, ignoring a government call to let a government antiinflation plan work. "When the negotiations for better salaries were suspended last night, all the employees decided to join theAP - 251 words
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Page 29 Advertisements
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Advertisement237 1991-03-19 29 SSWH HENG HTM. CO PIE LTD t* TUAS AVE 14 SINGAPORE 2261 TELEX R9 ***** 9HMCPL TEL: Ml MSS(itOM) TELEFAX: 661 2*46 F**imfoi UHtMsanrc* Its. 'I—i" 'I i i.r.rj.| SU\ II I llff ffillri i[k iiim ■bkmmh mm wLURm Biga pk MMMfOM. MALAV6U OtaMl LPO rmi irfMl Hvdroitalc fCH 1..,..237 words
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Advertisement50 1991-03-19 29 Air Forwarders 15 Air Fre«ht Schedule 16 Container Schedule 17 Courier Services 15 Cruise Fefry Schedules 16 Daily 17 Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10,11 Shipsaies/Tanker Rates 16 Ships m Port 17 Singapore Tx)es 17 Transport ftary 2 Weather and Sea Conditions 1750 words
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Page 30 Advertisements
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Advertisement88 1991-03-19 30 FOR SUCCESSFUL MANAGEMENT OF YOUR RUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at88 words
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Page 31 Advertisements
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Advertisement1887 1991-03-19 31 JMOINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint. Singapore 0208 All If/ 'el *****11 TELEX NO RS ***** MfffßßW TERMINAL,'CFS Tel *****18 220 PBMMrI bookings th *****W 258 1 VOOyf M PESAKA JAROINE SHIPPING AGENCIES PORT KELANG TEL *****18 TELEX NO MA*****<«4A39/01 p{NANG TEL *****4 TELEX NO MA4OO/3 CFS1,887 words
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Advertisement967 1991-03-19 31 INDEX! TOMWRIjSERS P*R«- Col P«|{e Col a I *1 loyd Tncstino 4 112 l_l Lykes Lines 5 I AIM CtMiiainerlinc 12 I M Accord (i roup 8 1-3 Albairos Sea-Air 14 3 Mac-Ncls Agcncics 14 1/2 Allied-l ink 16 4/5 Macoiinc 18 2/3 API. 5 3-5 •MaerskLinc 3 4/5 APT967 words
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Advertisement2570 1991-03-19 31 NEXT VESSEL TO USA MAREN MAERSK V 9104 ETA 26/3/91 Vessel Voy ETA j £T0 'Port *Penang DESTINATIONS Singapore Kelang Maren Uaem Teeder by 76/j uaoo lIRS m Farcu CfS 24/3 MRS M Tauio OAK LGB HOU MtM AIL MIA CMS BAL PHL NYC MON TOR MARIE MAERSK 9104 it2,570 words
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Page 32 Advertisements
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Advertisement1332 1991-03-19 32 T J InOTTEDAM-l VOY NO S POHE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE TOKIO EXPRESS 98/111 21/3 TIM 9/4 8/4 CQQ KAMAKURA *****1 24/3 10/4 12/4 15/4 16/4 i KASUGA I 14/112 28/3 18/4 16/4 15/4 1 All WESTBOUND t. MONTE ROSA 12/312 31/3 17/4 19/4 22/4 23/4 KCLANC PENANC CARGO1,332 words
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Advertisement553 1991-03-19 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 30/3 13/4 16/4 21/4 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO SEASPAC I 30/3 4/5 5/5 8/5 9/5 10/5 Cjlljo or Santueo via Vilpj Agents553 words
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Advertisement1570 1991-03-19 32 BllMMlfi mamm REGULAR INDEPENDENT FULL CONTAINER SERVICE w£ST66und for europe VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9103 3 25/03 15/04 16/04 20/04 21/04 22/04 23/04 24/04 25/04 NORASIA SUSAN 9104 3 01/04 22/04 23/04 27/04 28/04 29/04 301,570 words
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Page 33 Advertisements
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Advertisement2002 1991-03-19 33 SJgSteamers Maritime Holdings Ltd P&O I ■fj* STRAITS SHIPPING I wk Containers fiLSSMa-—* BQBBBEEEIMBIBH mOBBOBfI Voy No P Htang S'poie Atf Sou Ant Rot Hbf LAUSI MAERSK 9104 BFER t/OJ 20KH 05,04 04.04 0904 110« ACCIPTS DUE SAItS lABlt BAY 0506 LIB 19/03 2)0) 0904 1104 13«4 CARGO ,-,11. ,p_,2,002 words
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Advertisement1866 1991-03-19 33 TH- u.a.A./PAMAMA FMi U.OA/PANAMA SP OA* LGa CII FM M V MO* HTC NTC NO* SAV CRI LGB OM SP CMOTANG VICTO*T IF 1M 104 U/4 U* *4 H «WUK SIN »A UK 77/1 »l 11 1 «7 117 IV7 1)/} SINGAPOftC StNATO* EF 111 7lti 174 I*4 7M «rt1,866 words
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Advertisement345 1991-03-19 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR YOKOHAMA M.V. COSMIC PIONEER VI2A ETA SPORE 20/3/91 ETA PK 20/3/91 ETA YOKOHAMA 10/4/91 j NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL DBN345 words
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Page 34 Advertisements
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Advertisement802 1991-03-19 34 teUlttiil CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY I S PORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYA/31W8 15/3 6/5 12/5 16/5 20/5 cact TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|«ct to kxjuc«»n«nt Also accepting cargo to CaMbianca. Port Said, Port Alexandria, Ganoa, Trlaata. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL802 words
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Advertisement779 1991-03-19 34 it, HANJIN SHIPPING ..l, ft> qry ham obu FEEDER VSL SIN LINE HAUL LAX OAR K, f/r .1 i«i HANJIN MASAN OWE 25(3 DIRECT I*4 I*4 HANJIN SEATTLE 01/W 26 3 13 4 14 4 15 4 15,4 1/ 4 18 4 HANJIN LEHAVRE 012E 14 H CHUNCMU 07IE 29779 words
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Advertisement1517 1991-03-19 34 .J .t PHL SOP HKC KSC KLC PUS HM OSK NCY SM/ TVO LA* CHS BAL NYC LMV AN* RDM THP HBC PSO CMB PRI SCP 1 CLE AM* RE 032 20,3 213 24/3 27/3 »3 1 4 3 4 M 6 4 7 4 i 419 4 li 31,517 words
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Page 35 Advertisements
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Advertisement1993 1991-03-19 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS' UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/*****14 MPiiMM CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 Safig PVT nepune sdn bhd Malaysia K.L.-(OQ) *****33, P. Ke(ang-(03)*****87, Penana-(04) *****0,1,993 words
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Advertisement1150 1991-03-19 35 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 FHOH EASTBOUNO LOADINC FOB WESTBOUND «SMIS VOYAGE |SK*4 |«MNIIA hKONC VOTAGC SPO« PKIAUG ["mBUOC P b TILBURY ROTT1,150 words
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Advertisement1679 1991-03-19 36 n* 11 AS AGfNTS KAWASAKI SINGAPORE (PTE) LTO (CR No **********0 M) Lj TEL *****/7 TELEX KAWAKIRS23I6S FAX *****79 M MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I aßka dßk dk fEI PJ *****22 PK 368/201/5 PENANG *****5 JB *****1 mmH KAWASAKI KlSliN K A ISM A 1T1). INDONESIA P1,679 words
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Advertisement1303 1991-03-19 36 PHIII-OM€NT UN€S PT€ LTD V* 108 ROHINSON HO AO *0/ 00 GMG BUILOING SINGAPORE 0106 TEL *****?? ?*****9 *****00 TELEX OS ***** PHILI FAX *****76.*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER Of SINGAPORE F REJGf IT F ORWARDERS ASSOCIATION 25 MAR MONTREAL, Ottawa,1,303 words
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Page 37 Advertisements
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Advertisement1514 1991-03-19 37 PACIFIC INTERNATIONAL LINES (PTE) LTD m~ M m fcl P»L Building, 140 Cecil Street *0300, Singapore 0106. I JAKARTA I I BANGKOK I SIT ST! S5 KMEMUITV S S KOTA JADE 9106 23/3 26/3 29/3 SEA GLORY 9110 24/3 27/3 31/3 HAI QUANG 9103 23/3 25/3 29/3 K° T A1,514 words
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Advertisement1166 1991-03-19 37 BEN LINE CONTAINERS LTD A 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 Alsta f 068 ln_Pt 514 614 8/4 9/4 NL Hoofn* 066 20/31,166 words
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Advertisement379 1991-03-19 37 I -Til IW J Jii ii mm. MYANMA FIVE STAR UNE v\ (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg PATHEIN VIIOW In Port PAGAN VI6BW 27 Mar THE BANK UNE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS379 words
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Advertisement677 1991-03-19 40 TO AUSTRALIA/NEW ZEALAND VSI Sin Frtm Me b S»d Auck NPE P CHAlll ANTWERPEN 2« W3 »3 14 M U/4 I*4 1M TNT EXPRESS XS 2M 1/S hi 10/5 15/5 17fi 20,5 ELLEN HUDIG 270 9fS lfcs 2tis I S 4/6 BRUSSEL 271 27/5 lit 96 13(6 11/4 20,6 224677 words
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Advertisement1069 1991-03-19 40 EXPORTS TO HONGKONG, TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOYPKL PNC JKT SIN HKG KAO KEE TYO SM2 NGO KOB [[VESSEL VOY [SIN IPKL PNC BLW SIN TSK MELODY 22 23 3 "11.3 29_3 24 34 44 ACX JADE »A 20 3 213 23 3 22 31,069 words
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Advertisement252 1991-03-19 40 RT. UNITED SHIPPING IIF ORGANISATION LTP OWKCT WCOCHAW SfWWCH JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA 4 SURABAYA W "jf AMtyt aarpaas M all «l>w talmilM parts wttk MMklyaMi at Jakarta ar tarakaya. DESTINATION ETA ETD VSI JAKARTA 20/3 21/3 P. JAWA a 28/3 29/3 P. KALIMANTAN W 2/4 3/4252 words
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Advertisement1359 1991-03-19 40 Hfe ta&W m. 4t sj A <3? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE Jg" '2. MISTRI ROAD, HMC BUILDING E riv #15 00. SINGAPORE 0207 r*Ri f rnVTARI INE CR NO: **********0 M CABLE COSTAKLINt General Agents: GOBTAR SHIPPING PIE LTD TO HONGKONG AMD CHMA FROM HONG KONG1,359 words
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Page 41 Advertisements
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Advertisement986 1991-03-19 41 Vms«l PKL PNC P C Loading tor A VESSEL ft 03 Rotterdam! Antwerp china rou cowTAiwm wavicE Vessel SCP PKL BKK HKC QIN SNA YANGFANGKOU 147 02/04 03 04 07/04 12,'04 14,04 YANCFANCKOU 149 03/05 04/06 M.Ob 13,05 19(05 Alio Jcctflt.ng other Chinese ports vu HKC AUmAUAH/WPOHMIAW fI)U CONTAIN!* MBVICE986 words
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Advertisement252 1991-03-19 41 JSniiCHnELO MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) S FAX: *****15/*****03 fT| TELEX: RS ***** RISHIP (3 Line#) PF\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABBAY WONZ 28WB 10/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAffA NETSANET 21WB252 words
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Advertisement1195 1991-03-19 41 MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ~\«L VOY SIN JKT PAJ JKT SIN1,195 words
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Advertisement457 1991-03-19 41 TWB-imE VSL VQY SINGAPORE/MADRAS 4 VESSEL VOY SIN MAA SIN TIGER STAR IS2N 23 23 03 31/03 06 06/04 LEUVE 9142 28 29 03 05-07*04 12 13/04 TIGER BAY 153N 02 03/04 09 12/04 17 18/04 VSL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL VOY SIN CAL SIN TIGER CREEK 124C8N Sid 24-26H3 01-01/04457 words
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Advertisement1194 1991-03-19 42 iHAC-NELS SINGAPORE| EXPORT TEL *****22 ["IMPORT Til: *****02 11 PENANG TEL: (04) *****6 'KK TEL (088) *****0 TAWAU TEL (089) 7786/9 s>. P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 ~lVv\~ )J BAHRU TEL (07)*****2 SIBU TEL (084) *****2 SARIKEI TEL (084) *****8 W >=r1,194 words
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Advertisement399 1991-03-19 42 |»sfc BLUE star line SINGAPORE TO jj NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI, FOR AUCKLAND. NAPIER. WELLINGTON. BLUFF. CHRISTCHURCH, DUNEDIN. LYTTELTON, INVERCARC.IL. FIJI AND TAHITI SIN N PLY AUCK LYT PREMIER lIS 6 Apr 11 Apr Via NPt399 words
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Advertisement1083 1991-03-19 42 mI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL |WT lETA IItST VESSEL VQT ETA KIT KIM SOON LI 10/91E 23 MAR1,083 words
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Advertisement5 1991-03-19 43 DANZAS TEL: *****00 FAX: *****805 words
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Advertisement31 1991-03-19 43 CDE J nnft tj SINGAPORE to MALDIVES tmrnil fl nil SINGAPORE to HUNGARY rtCilHlllfl SINGAPORE to SPAIN M M ;IIIM SINGAPORE to SRI LANKA COMMENCED IST DECEMBER FornquHm CALL 322 750531 words
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Advertisement6 1991-03-19 44 Read Chartpoint in BT every Saturday6 words
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Page 45 Miscellaneous
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Miscellaneous453 1991-03-19 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 MOO 0900 **************************************** 2000 2100 2200 23M ft 28 29 2 7 2 3 1.7 1.l 06 04 04 06 1 1 19 26 28 28 25 19 13 09 06 06 08453 words
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Page 46 Advertisements
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Advertisement391 1991-03-19 46 CHARTPOINT Every Saturday in Business Times PELAYABAH SAMUDRA A6UN6 POH AIK 184 20/3 BATU AMPAR/SEKUPANG/BATAM SAMUOERA 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 accepting cargo for391 words
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Advertisement686 1991-03-19 46 JkHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNOAI COMMANDER 24E 23/3~ 2»/3 15/4 11/4 21/4 20/4 HYUNDAI INNOVATOR 3WI 19/2 22/2 24/2 14/3 a/3 HYUNDAI PIONEER 39E 30/3 4/4686 words
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Advertisement698 1991-03-19 46 CHARTPOINT Every Saturday in Business Times from Wot P NG Wofe' V««< Vo» SIN LAX OAK HOU DAI CW NO* KM NTC OUR USA AM (HUM V 472N -22 3 AUtGATO* CLORT TwsjT 253 TTT 117 IM~ 1M 17 117 4 TFT ».4 SERVICE CALLS I AHAMN V 474N Wi698 words
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