The Business Times, 1 January 1992

Total Pages: 36
1 36 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, January 1, 1992 75*
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  • NEWS SUMMARY
    • 74 1 THE HAGUE The European Community said yesterday that member states would withdraw their defence attaches from embassies in Yangon in protest against the political situation in Myanmar. "The Community and its member states agreed that in view of the present political climate in
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    • 51 1 WASHINGTON Bankruptcy filings by US individuals and businesses are poised to hit or come close to a record one million in 1991, according to the American Bankruptcy Institute. The non-partisan organisation based its forecast on data released by the Administrative Office of the US
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    • 36 1 THE Russian government plans to sell off the republic's trade and industry sectors under a privatisation programme outlined as "the basis of the long-term, strategic direction of a profound structural reform" Page 3
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    • 28 1 ENVIRONMENTALISTS are celebrating a notable victory but the 10,000 fishermen of Japan's driftnet fleet face a voyage to extinction in the New Year Page 3
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    • 43 1 THE lowest mortgage rates in 14 years are helping to end a summer slump in existing home sales in the US, but a separate survey shows American consumer confidence remaining at the lowest level for a decade Page 3
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    • 27 1 INDONESIAN realtors believe that lease rates for offices and industrial estates in the country will decline significantly this year, due to an oversupply P««e3
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    • 28 1 IN FILM, what started out as a feel-good year in 1991 gave way to bizarre thrillers and comedies that won the day Page 7
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    • 35 1 DRAWN by steady trade growth in Vietnam, Japanese carrier Kawasaki Kisen Kaisha has boosted its presence in the country with a representative office in Ho Chih Minh City. Shipping Times Page I
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  • MARKETS SUMMARY
    • 42 1 THE London Stock Exchange opened higher yesterday with the Footsie index of 100 leading shares gaining 29.9 points, or 1.2 per cent, to 2,449.9, following Monday's strong gains on Wall Street. The Dow Jones average was not available at press-time.
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    • 25 1 THE Kuala Lumpur tin market was closed yesterday. There was also no trading in the Tokyo, Jakarta, Bangkok, Taipei, Seoul and Manila bourses.
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    • 27 1 THE long awaited deal for the sale of Sembawang Engineering Pte Ltd to listed sister company Sembawang Shipyard Ltd was sealed yesterday Page 2
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    • 40 1 ON THE last day of arguably the worst year of its history, listed corporate raider turned indebted holding company UIC announced that its executive chairman, Dennis Lee Kim Yew, intends to step down Page 2
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    • 41 1 INVESTORS are queueing up as shares in Chinese companies go on sale to foreigners for the first time, but Hongkong brokers say that basic paperwork is missing even though trading is due to start within weeks Page 2
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    • Article, Illustration
      26 1 Tuesday Change BT-MGA 724.62 +4.69 Kuala Lumpur ....554.38 +2.58 Hongkong 4,297.33 +22.13 Sydney 1,651.4 +38.9 Monday Change New York 3,163.91 +62.39 London 2,420.0 +1.3
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    • 25 1 Exchange rates US$ SS 1.6270 100 Yen SS 1.2980 MS SS 0.5967 Monty market rates Overnight 3 1/8 +1 5/8 3-month 2 7/8 unch
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    • 29 1 Rubber S'poreJan.... 126.50*/kg +0.50 M'sia Jan 212.00*/kg unch KL Tin Turnover 50 tonnes -II Spot M$14.81/kg closed Crude palm oil Turnover 1,067 lots closed Feb M$913 /tonne d
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  • 620 1  -  Chok Tong expects spc growth this year, warns of long-term dangers of subsidies By Genevieve Cua SINGAPORE Singapore must build up a nest-egg of reserves and invest overseas, says Prime Minister Goh Chok Tong in his New Year message. Strategic investments
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  • 418 1  -  DBS to manage, underwrite flotation By Lee Han Shih SINGAPORE Malaysian businessman Low Keng Huat is finally realising a seven-year-old ambition to list his Singapore construction company on the Stock Exchange of Singapore (SES). A statement from the Ma-laysian-listed General Corporation
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  • 265 1 'SINGAPORE Stock marLets that were diligent enough to work on the last day of 1991 ended the year with a bang. Singapore rose to dizzying heights, virtually crossing a hurdle by posting the Straits Times Industrial Index at 1490.70, marginally lower than the
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  • 379 1 Reuter JAKARTA Indonesian President Suharto yesterday warned his people in a traditional end-of-year speech to beware that their demands for change do not break up the country. Some members of the Suharto Cabinet as well as other politicians and intellectuals have
    Reuter  -  379 words
  • 462 1  -  From Catherine Ong in HONGKONG BRITAIN has confirmed the oft-rumoured retirement of Hongkong's Governor Sir David Wilson this year, hours after awarding him a life peerage in the Queen's New Year's honours list. A spokesman from Prime Minister John Major's office said on late Monday
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  • Page 1 Advertisements
    • 197 1 1 Electronic Lettering Systems |j I Call 743 8000 for further details jj Aircraft Schedule 17 Money Changer Rates 17 World Stock Markets 15 Commodities 16 Money Market 16 For market indices, editorial, Company News 2 Regional/Work) News 3 advertising and crculation ex Cryptic Crossword 17 Regional Stock Markets 14
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    • 29 1 BT ranks Top 100 companies WHO'S IN? Who's out? Find out tomorrow when BT publishes its ranking of the Top 100 Singapore and Malaysian companies based on market capitalisation.
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    • 157 1 MARUMAN SOLE... Conceived with Um sdviee of professionals to uke your puM to greater lengths WINNING FORMULA <9>maruman Sa»*«sn* Grand 'BigH'ifl Pte Ltd. Tel: *****78 The Editor staff of jjfeg| a Happy New Year PENTAX PERFECT PICTURES WITH PENTAX. The new Pentax Zoom 105R! The Pentax Zoom 105R is significant
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  • COMPANY NEWS
    • COMPANY BRIEFS
      • 63 2 SINGAPORE Property Management Pte Ltd, a DBS Land subsidiary, has agreed to transfer its 100 per cent stake in PMS Services Sdn Bhd, comprising 25,000 ordinary shares of Msl each, at cost to Chee Tat Plantations Sdn Bhd. DBS Land holds a 30 per cent
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      • 32 2 SINGAPORE The board of directors of United International Securities Ltd has announced that the unaudited consolidated net tangible assets backing per share at Nov 30, 1991, was 551.30.
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      • 69 2 SINGAPORE Isetan Singapore yesterday explained that the $4.6 million decline in group operating profit before tax was due to three factors: the group's six months' gross profit was about $3 million lower than the previous six months; operating expenses increased by $800,000; and net income
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      • 58 2 SINGAPORE Dr Ker Sin Tze, who will take up the post of Minister of State for Information and the Arts and for Education tomorrow, will resign as director of Superior Metal Printing from today after nine years with the company. Ng Chok Say will
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      • 57 2 SINGAPORE Jardine Matheson Holdings has appointed Greg Terry, the company's general counsel and Sir Charles Powell, a director of subsidiary Matheson Company, to its board of directors with effect from today. The company also announced that its finance director since 1984, Peter Collins, will retire in May
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      • 80 2 SYDNEY Alan Bond yesterday failed to stop the clock ticking away the 28 days he has to pay Asl94 million (*****.8 million) to banks. The New South Wales Court of Appeal rejected his application to stay a judgement made in September finding him liable for
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      • 70 2 LONDON France has suspended sales of the high dose form of halcion, the world's best-selling sleeping pill made by Upjohn, the US drug company. The ban deals a fresh blow to Upjohn, which has been fighting to defend halcion's reputation in Europe since the UK government
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      • 59 2 LOS ANGELES Athletic shoe giants Nike Inc and LA Gear Inc said on Monday they have settled the federal lawsuits against each other stemming from LA Gear's catapult basketball shoe. The companies said the settlement provided for no monetary compensation to be paid by either
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    • 877 2 But profit growth rates of individual firms below those in previous years BANGKOK A survey of 64 companies listed on the Thai stock exchange showed th r at their combined net profit in 1991 was pegged at 8t40.1 billion (552.58 billion), a
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    • 385 2  -  Sale is part of group's major restructuring exercise By Selva Kumar SINGAPORE The long awaited deal for the sale of Sembawang Engineering Pte Ltd to listed sister company Sembawang Shipyard Ltd was sealed yesterday. In a statement, Sembawang Shipyard, the flagship of the Sembawang Group,
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    • 552 2 But HK brokers see major problems in trading Reuter HONGKONG Investors are queueing up as shares in Chinese companies go on sale to foreigners for the first time, but Hongkong brokers say basic paperwork is missing even though trading is due to start within weeks.
      Reuter  -  552 words
    • 395 2  -  By Lee Han Shih ON THE last day of arguably the worst year of its history, listed corporate raider turned indebted holding company United Industrial Corporation (UIC) announced that its executive chairman Dennis Lee Kim Yew intends to step down.
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    • 323 2 JAKARTA Indonesia's state-owned international telecommunications company, PT Indosat, is expected to register a 10 per cent increase in its net profit this year to Rp 200.8 billion (*****.5 million), up from Rp 182.4 billion last year, the Jakarta Post reported lyIndosat
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    • 534 2 MARKET TALK Analysts fear market rally may be short-lived Reuter TAIPEI Taiwan's stock market enters the new year in a mood of cautious optimism, with support building for a rally but major problems looming. A strong domestic economy and greater political stability have set
      Reuter  -  534 words

  • THE REGION/THE WORLD
    • 459 3 FT MOSCOW The Russian government plans to sell off the republic's trade and industry sectors under a privatisation programme outlined as "the basis of the long-term, strategic direction of a profound structural reform" said Deputy Prime Minister Yegor Gaidar. The announcement on Sunday
      FT  -  459 words
    • 452 3 Consumer confidence, however, remains at 10-year low WASHINGTON The lowest mortgage rates in 14 years are helping to end a summer slump in existing home sales in the United States, but a separate survey shows American consumer confidence remaining at the lowest level for
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    • 307 3 Reuter SEOUL Communist North Korea has said it will set up free economic zones in a north-east province where foreign investors will get preferential treatment for joint ventures. South Korean businessmen yesterday welcomed the plan. One called it a milestone in expanding economic relations between
      Reuter  -  307 words
    • 193 3 AFP SEOUL South and North Korean negotiators yesterday struck agreement on the thorny nuclear issue at talks in the truce village of Panmunjom, press reports said. South Korea agreed to suspend next spring's planned Team Spirit exercises to be conducted jointly with US troops, while
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    • 213 3 BANGKOK The Thai Cabinet will decide this week on a Commerce Ministry proposal to end immediately the export and import controls on 49 product items, the Bangkok Post said on Monday. The department suggested that the import control on 31 items
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    • 153 3 BANGKOK The investment situation in Thailand this year will not be much different from last year despite an expected recovery of the global economy. The Bangkok Post reported during the weekend that despite an improved economic situation, the Board of Investment expects the investment situation
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    • 548 3 Reuter TOKYO Environmentalists are celebrating a notable victory but the 10,000 fishermen of Japan's driftnet fleet face a voyage to extinction in the New Year. Under pressure from the United States and the United Nations, Japan has agreed to reduce its driftnet
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    • 408 3 Oversupply will depress prices: realtors JAKARTA Indonesian realtors believe that lease rates for offices and industrial estates in Indonesia will decline significantly this year, due to an oversupply, reported the Jakarta Post. Mochammad Hidayat, chairman of the Indonesian Real Estate Association (REI),
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    • Article, Illustration
      53 3 NEW YORK Workers rehearse the Time Square "Ball Lowering" from the roof of a building in Manhattan on Dec 30. "The Ball" which is made of heavy aluminium and 180 outdoor light bulbs is lowered 21.3 m down a flagpole onto the roof in this annual New
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  • 469 4 EDITORIAL AS WE enter the brave new world after the Cold War, the political landscape appears refreshingly peaceful, save for some regional crises that threaten parts of the world. The great thaw has warmed relations between superpowers, and changes that once appeared unimaginable now appear believable. But
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  • WHAT THE OTHERS SAY
    • 267 4 THOSE who equate democracy with the good life would do well to take another look at Georgia. It has a Parliament and President Zviad Gamsakhurdia won 87 per cent of the vote in the republic's first free elections in May. But Parliament has turned into a bunker where
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    • 124 4 THE latest modification by the Housing and Development Board to its policy is timely. The present booking system, implemented since July 1989, has been effective in reducing wastage and weeding out those who were not in pressing need of housing. With the revised system, those who are successful
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    • 107 4 THE international upheavals of the past year with its many destabilising factors casts more doubt than hope for a better international situation. With the disappearance of the bi-polar world where the US and the USSR ruled the international political affairs, the danger of a world war is reduced.
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  • REGIONAL VIEWPOINTS
    • 149 4 WHILE continued foreign preoccupation with the Dili incident itself and with its immediate aftermath is perhaps perfectly understandable given the emotions and preconceptions that are involved, we feel that for us in Indonesia, such intense concentration on the tragedy itself could make it all easy for
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    • 206 4 THE rate cut by the Bank of Japan this time has the strong tinge of a political decision meant to cooperate with US policy because it came soon after the cut in the official discount rate in the United States and just before the planned visit of
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    • 154 4 AT best United States President George Bush is a senior statesman, visionary of the new world order and leader of the sole superpower. At worst, he is a vote seeker who plays to the crowds at home and the television cameras. As Mr Bush embarks on
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  • 1748 4 On Dec 30, 1991, Dr Tony Tan Keng Yam spoke at the National University of Singapore and Nanyang Technological University function marking nis retirement as Minister for Education and Minister-in-Charge of NUS and NTU. Below are extracts of his speech THE role of universities in
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  • Page 4 Miscellaneous
    • 28 4 DOONESBURY BY GARRY TRUDEAU issssss* Ess™ RSHRHH ssr SA6t, BUT FASCISM STKKMH [MOSMpj I H XTFi&TO MCJSM,A I A Sr HOUR HOOP* pfcpiemaa*- V BR, same AS 6en»>
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  • SPORTS
    • 429 5 AP LONDON Former England cricketer Colin Cowdrey is knighted while US Masters golf titlist lan Woosnam, national soccer team captain Gary Lineker and world champion runner Liz McColgan are among other British athletes to be named in Queen Elizabeth ll's New Year's
      AP  -  429 words
    • 288 5 Referee kept busy during AustraliaIndia Test AP MELBOURNE Former England cricket captain Mike Smith had a busy time yesterday as neutral referee for the second Australia-In-dia Test match, cautioning both teams over their conduct. "Although there were no formal reports lodged, I had occasion to speak to the management of
      AP  -  288 words
    • SIDE LINES
      • 137 5 SAN DIEGO New Zealand's America's Cup team launched its fourth and final yacht on Monday to the avid curiosity of rival challengers. The yacht's principal designer, Bruce Farr, has hinted several times that the boat, named New Zealand' like the other three,
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      • 80 5 PARIS Frenchman Hubert Auriol has strengthened his -ffo J" r l6 >a s^a P e Town Rally by winning Monday's 738-km fifth stage from Tumu to Diricou in Niger. Auriol headed a Mitsubishi sweep of the first five places in front of team-mates Erwin Weber of Germany
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      • 112 5 LONDON Anti-hunting activists called Prince Charles, heir to the throne, a "butcher" on Monday after news that he took seven-year-old son Harry on a Christmas hare hunt. Prince Charles also took his sister Princess Anne's daughter, Zara, 10, to join the North Norfolk Harriers who have hunted
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      • 73 5 BRISBANE Finland's top-ranking woman tennis player has caused the first upset of the Australian women's hard court championships here by beating 15th seed Larisa Savchenko of Latvia. Petra Thoren on Monday beat Savchenko in the first round of this A$ 190,000 tournament. After the championships, women tennis
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      • 85 5 ROME Lazio coach Dino Zoflf was poised on Monday to sign a new contract tying him to the Roman first division club until June 1994. "I've spoken with the club president (Gian Marco Calleri) and there are no problems," said Zoff, the goalkeeper in Italy's 1982 World
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      • 120 5 SANTIAGO A 29-year-old professional boxer, who was in a coma for 10 days after being knocked out in a national title bout, died on Monday, said hospital officials. David Ellis was knocked out by Abdenago Jofre on Dec 20 in the 11th round of a 12-round bout for
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    • 736 5 AP BRIDES-LES-BAINS, France At the Olympic Village here, workers are putting Final touches on a 6.5-km cable car leading to the women's alpine ski slopes. But the town of 630 is worried over how to finance the 218 million francs (Ss67 million) it has invested
      AP  -  736 words
    • 840 5 Winter Olympics AP COURCHEVEL, France In little more than a month, competitors will be launching themselves from ski jumps here in one the most elegant and dangerous of Olympic sports. But some critics say the real danger is unseen: instability of the earth below the
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  • Page 6 Advertisements
    • 1091 6 km Nothing Beats A Bud, ftiffinfll where to wine, dine OF mtd -May f Only 4 weeks to enjoy all your 1 favourite dishes in our delectable II Italian spread. Better hurry... Ml y It •\jfT MH floor 11/ \\JJJ We srrcr the uvrid to you at The Belvedere <
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  • Page 6 Miscellaneous
    • 665 6 TELEVISION AND RADIO *1 -m f Choice). 5.30 Zazoo U. Fnvnlniic vnnfh iiM^x mMa ra issss 1 businessqwbad| o X 11V UIU Llo y LJIIIII 7.30 am cnn (U 1240 Cte si 88 2, m e to •J 8.30 Close. Pravar r»ii 7.10 am, 9.25 am, 1.30pm, 5.30pm. ■■niI'VJIFiTmHI 6.55
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  • LIFESTYLE
    • 1206 7  -  BT has its fair share of film buffs who will tell you there is a characteristic Alan Parker blue or a Znang Yimou ochre red. What were the favourites in 1991? Which failed to measure up? Claire Leow and fellow BT journalists cast
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    • 465 7 vHMlJjcRufc^l^ RUSSIAN President Boris Yeltsin is the new face on the 50th annual best-dressed list of the Fashion Foundation of America, an organisation of leading tailors. The natty Russian leader, who was cited for capturing "the fashion world's attention when mounting a tank to stem
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  • Page 7 Advertisements
    • 164 7 AND ENTERTAIN Monday Western Delights Tuesday Chinese Savouries fifi? Wednesday Malay Temptations Thursday Indian Favourites Lunch in a Flash 1 Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $19.50++ per person. A ANA HOTEL SINGAPORE 16 N»t*rr\ H*. &ngapcy« 1025 TMpfton* (66) 733
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    • 40 7 f T Traditional Cantonese Cuisine o BEST HONG KONG DIAN XIN IN TOWN c -V vvV \vv» V China China Restaurant 1 Marina Bay Golf t Country Club M 2 6 Marina Green Singapore oiol For Reservations Please Call *****11.
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  • STOCK EXCHANGE OF SINGAPORE 1
    • 4060 8  -  By Salil Tripathi THERE ARE questions in history the answers to which we will never know. Would the Soviet Politburo have approved of Mikhail Gorbachev as the party Secretary-General if they had known his hidden agenda? Would Saddam Hussein have annexed
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    • Article, Illustration
      54 8  -  By Anthony Pang Comment THE long-term technical outlook for Sembawang Shipyard is bullish. Current prices are sitting comfortably above the nine-month moving average, which is still heading upwards. Short-term, the counter has broken out of the consolidation range of between $7.35 and $8.00, with the current rally supported
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  • 3227 10 Palmco Hldgs 148 +10 +7.2% PMRI 50* 148 +7 +5.0% H Leong Ind 50* 460 +6 +1.3% Lien Hoe 70 +5 +7.7% Esso 50« 372 +4 +1.1% M Banking 414 +4 +1.0% M Cement 50« 231 +4 +1.8% MISC Foreign 490 +4 +0.8% Amal Steel
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  • Page 10 Advertisements

  • BT SHARE INFORMATION SERVICE
    • 327 11 m gampany Data Year Group Nat Nat earnings Cross ann to profit/loss (L) par shara dividend ('000) (cants) SPH Dec 24 Aug 91 $153.802($133,374) 62 6(54 3) 25(30) Ind Oxygen Dec 14 Jun 91 M$21,269($16.754) 4 7(6) 5(4 5a) 6eal Inc Dec 13 )un 91 M$648($8.476) 1.4(212) 2TE(6TE)
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    • 152 11 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) KL Kepong Dec 27 Sep 91 M$85,468($84.804) 15.3(14 8) 15(15) Pacific Can Dec 24 Sep 91 J138($1,387L) 0.2( Van Oer Horst Dec 24 Sep 91 $2,960($2,800) 4.7(42) 1(1) Wearnes Dec 17
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    • 509 11 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) KLIH Dec 26 Sep 91 M$17.335(S309Le) Choc Prod Dec 20 Sep 91 M$2,*81 ($1,901) MCB Hldgs Dec 20 Sep 91 M$241 ($1,333) Rash id Hussain Dec 20 Nov 91 M$30,567($21.004) AMDB Dec 19 Sep 91 M$16.020($18.201)
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    • 1433 11 Dec 30 Property-based First Capital Coporabon has agreed to purchase the entire issued capital of A-Z Holdings Pte Ltd for the price of $37.1 million. The directors say the acquisition will be financed from internal resources and bank borrowings Dec 28 Malaysian stockbroking house ZaNk Bhd intends to
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    • 1787 11 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before After NatSteel 20/12/91 OCB Nominees Pte LTd Temasek Holdings (Pte) Ltd S 6.000 27,140 230 41.229.698 19 41 41,223.698 19 41 Keppel Corpn 19/12/91 Street Names Temasek Holdings (Pte) Ltd S 600
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    • 157 11 Company Rights Issue City Dev Renounceable rights issue on the basis of one-forten S2 85 per store Ex-date Dec 9 Books dose Dec 19 Acceptance Payment Jan 28 1992 H Nefara One-tor-one g, $2 75 per share Ex-date Nov 12 Books dose Nov 22 Acceptance Payment Jan 2
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    • 520 11 Company Rights Issue Asa Pac Laid Pour tor seven MSO 50 per share ttance Tech One tor one SI 00 per share Baton Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the basis of $2 nominal amount of
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    • 582 11 Current Ex Books Data Total tor Total far payment data dose payable the year last year (USB 50c 121(b) Oec 30 Jan U Jan 21 12% 10* Ami Steel 50c 101 Dec 9 Oec 23 Jan 20 201 201 Am Pacific 181N Jan 9 Jan 21 Jan 29
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    • 146 11 jacks International Ltd: EGM at 11 Jalan Lembah Kallang. Singapore 1233, on Wednesday, Jan 8 1992, at 11am. Juong Cement Ltd; EGM at 2 Finlayson Green #03-08, Asia Insurance Building, Singapore 0104, on Thursday, Jan 9 1992, at 11am. Metropiex Bhd: EGM at Sabah Room, Level 3, Putra
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    • 104 11 Conversion Special Trdg Scriptess Conversion deadline Period Trading Company starts (IDP) (ST) starts City Dev Dec 26 Jan 16 Jan 6 Jan 16 Jan 17 H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTP Hldgs Sep 16 Oct 10 Sep 30 Oct 10 Oct
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    • 213 11 Main Board Last Full Year Company Pcnod Date Tear Net EPS Grow Net imareid enck)( (cents) <*v profit last year (S'000) EMS Final Nov 6 Jul 91 3.0TE 17.8781 tsetan Interim Ok 28 Mar 92 307 100 10,140 Cantrepodt Interim Jan 25 Jun 92 5 0 5 8
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    • 195 11 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 htfv *****8 (3/6/91) JJJJ JJ' }*®jj 199J to*: *****2 (16/1/91) J* *J 9 27/3/90 1990 Nch: 1435 43 (16/7/90) JJJ J* "JJJ 1990 tow: 981 07 09/11/90) J®* J* JJ?" ii/S S 19S9 h«h: 1322 00 28/12/89) JJJ JJJ* 1989
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  • KUALA LUMPUR STOCK EXCHANGE
    • 4963 12 Bernama SHARE PRICES in the Kuala Lumpur stock market ended the last day of the year yesterday on a slightly steadier note although profit-taking trimmed initial gains. The local bourse saw a half-day trading session yesterday ahead of the New Year holiday
      Bernama  -  4,963 words

  • STOCK EXCHANGE OF HONGKONG
    • 2546 13 AFP THE Hongkong stock market ended the year on an all-time high in half-day trading yesterday, with the Hang Seng index gaining 22.13 points or 0.52 of a per cent to close at 4,297.33. Turnover was HKS9II million, down from Monday's HK$ 1.021 billion,
      AFP  -  2,546 words
  • 2076 13 Vol Yen High Low f00) PE Ajinomoto....... 1360 30 1360 1330 4290 72 Akai Electric 704 16 705 697 3610 36 All Nippon Airways 1310 10 1320 1290 2670 163 Amada 895 unch 895 885 1290 14 Asahi Breweries 1300 30 1300 1270 1330 173 /fiahi Chem
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  • Page 13 Advertisements

  • Aussie, NZ stocks end year on high note
    • 974 14 AUSTRALIAN stocks yesterday finished sharply higher on the last day of 1991 as investors went on a buying spree. With confidence underpinned by strong gains in the US equities market and optimistic futures trading at home, brokers reported strong demand for Australian blue chips. "Institutions have been driving the
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    • 260 14 NEW ZEALAND shares finished a shortened session on the last day of the year notably higher thanks to continuing gains on Wall Street. The NZSE-40 capital index closed 21.23 points higher at its session high of 1,504.78. Turnover was a reasonable NZ$l2.5 million. "Wall Street certainly made life
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    • 65 14 INDICES TURNOVER CVMC Dec 31 PrHoii AUSTRALIA All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.651.4 2,609.7 922.5 80.1 1,612.5 2,548.2 900.9 89 38.9 +61.5 21.6 -8.9 NEW ZEALAND NZSE-40 Capital 1,504.78 1,483.55 +21.23 MANILA Composite Index Turnover (million) Closed 1.138.78 634.8 TAIPEI Weighted Price Index Turnover
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    • 361 14 In local currency In SS In USS Dec 30 Index day change year change day change year day year World tEAFE Europe Pacific Far East 404.0 498.4 405.4 799.7 1029.3 1.3 1.5 0.4 2.5 2.6 12.8 6.0 11.2 2.2 1.0 1.3 1.6 0.3 2.7 2.8
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    • 1439 14 Seoul Dec 26 Won (DO) Anam Electric Ind 120 4 Anam Ind 155 4 Ankuk Insu 328 unch Asia Cement 180 unch Asia Motors 164 unch Bank Of Che Ju 171 unch Bank Of Pusan 137 unch Bank Of Seoul 113 unch Byuck San 116 -5 Cheil Sugar 280 10
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  • Page 14 Advertisements
    • 27 14 The Manila, Taiwan and Seoul stock markets were closed for New Year holidays. The Indonesian and Thai stock markets were closed for the New Year holiday. V
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  • Buying spree sees Dow end at record high
    • Article, Illustration
      1267 15 US STOCKS rallied for the sixth straight session in heavy trading on Monday as investors, hoping for a revived economy this year, continued a buying spree that has boosted the market to record highs three times in the last three trading days. The Dow Jones Industrial Average, which
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    • Article, Illustration
      776 15 CONCERN about the economic outlook kept share prices depressed on the London Stock Market on Monday and the key index closed virtually unchanged despite a strong surge by pharmaceutical firm Wellcome on hopes that its top-selling drug could be used to prevent Aids. The blue-chip Financial Times Stock Exchange
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    • 164 15 GERMAN shares took the lead from strong performances on Wall Street and Tokyo on Monday and ended the last trading day of the year with a rise of just under one per cent. But turnover was thin, the trading range was a mere seven points and year-end window-dressing accounted
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    • 172 15 FRENCH share prices finished higher on Monday in slender holiday trade, with last-minute purchases for end-of-year accounts pushing up prices. About 1.3 billion francs' worth of shares were traded. The CAC-40 index closed 21.21 points higher at 1,741.86. It had opened at 1,730.42. Hachette ended with the second highest
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    • 144 15 ITALIAN shares closed broadly higher on Monday, boosted in thin year-end trading by gains in overseas markets and a wave of buying on insurer Generali, the Agnelli and De Benedetti groups. At the close of dealings, the MIB all-share index stood 1.7 per cent higher at 974. "Milan gained
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    • 345 15 SWISS share prices closed the last trading day of 1991 higher, supported by gains in Tokyo, Wall Street's higher Friday close and its firmer trend on Monday. The All-Share SPI Index closed up 9.1 points at 1,052.8 and the SMI Index of leading shares added 14.4 points to 1,670.1.
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    • 68 15 PRICES on the Stockholm bourse closed sharply higher on Monday in moderate holiday trade, boosted by momentum from a 3.22 per cent gain on Friday. The bourse general index gained 1.31 per cent to 912.15 in turnover of 319 million crowns. The general index closed the year up 5.41
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    • 191 15 BELGIAN shares closed off their highs on the last trading day of the year, but still gained nearly one per cent on the day on exceptionally high volume. Dealers said that end-of-year window dressing was responsible for the rise and the high volume. "At the end of the year
      191 words
    • 396 15 DUTCH shares ended their last 1991 session on a firm tone on Monday, 20 per cent higher than a year earlier, but with brokers more worried by business volume than prices. The bulk of the year's rise, and its best volume was over by Easter. The EOE Index stuck
      396 words
    • 419 15 SLUGGISH world precious metal prices in thin end-of-year trading kept gold and platinum shares under pressure on Monday, but the rest of the market closed mostly firmer. Volumes were described as light. The JSE All-Gold Index ended the day at 1,141, down over 3 per cent from last Tuesday's
      419 words
    • 276 15 A RALLY on Wall Street today spilled over into Toronto where shares soared and caught up with gains posted last week in New York. "The main reason for strength in the Canadian market was the strength in the US," said analyst Don Vialoux of Richardson Greenshields. Canadian banks, bolstered
      276 words
    • 120 15 INDICES TURNOVER Dec 30 Close Previous NEW YORK Dow Jones 3.163.91 3.101.52 +62.39 SAP 500 415.14. 406 46 8.68 Turnover (million) 245.6 156.3 +89.3 LONDON Financial Times 30 1.836.6 1.841.8 -5.2 FTSE 100 2,420. 2.418.7 +1.3 Turnover (million) 2948 153.2 +141.6 FRANKFURT DAX Index 1.577.98 1,563.59 +14.39 AMSTERDAM EOE Index
      120 words
  • Page 15 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS/COMMODITIES
    • 386 16 Cross rates Dec 31 USS SS MS Dm Yen SFr AS NZS USS 1.6300 2.7220 1.5210 125.40 0.5356 1.3560 1.3158 1.8484 SS 0.6135 1.6699 0.9331 76.9325 0.3286 0.8319 0.8072 1.1340 MS 0.3674 0.60 0.5588 46.0691 0.1968 0.4982 0.4834 0.6791 Dm 0.6575 1.0717 1.7896 82.45 0.3521 0.8915 0.8651
      386 words
    • 625 16 Government securities Dec 31 Treasury bills Period Issue Maturity Yesterday's closing Day's code Bid Offer High Low 3 months BQ*****T 26.03.92 1.20 1.15 1.30 1.25 6 months 1 year BY*****Z 19.11.92 2.75 2.70 Government notes and bonds Period Issue Maturity Coupon Close Day's code rate Bid Offer High
      625 words
    • 559 16 FT LONDON By the end of the Gulf War early in the year, all traces of price gains was wiped from the oil and gold markets, while the collapse of the Soviet Union added to the bearish pressure on commodity markets from
      FT  -  559 words
    • 330 16 Number Indicative Qroaa lUturttw Yaar COUP n Amount ln, ri of days of mlddla prlea ,*iampllon 1 ralaad J** ($m) P 1 accruad (wetadlng yl#ld (%pa) dataa mtaraat •ccruad (%pt) Infaro atl Rvnvfivi/ 15 2.92 N*****0E1990 41/2* 650.00 15/2 15/8
      330 words
    • 766 16 REPORTS ASIA Tokyo: The dollar was steady in thin Asian trading after ending in Tokyo at a record closing low for the year against the yen. Bearish dollar sentiment is strong and dealers said the US unit could slip below the key psychological
      766 words
    • 266 16 REPORTS GOLD closed firmer in Hongkong in quiet, narrow range trade as late local short-covering and physical demand offset early local speculative selling, dealers said. But the metal was off its high of U*****.20/70 an ounce, they added. Bullion ended at U*****.10/60
      266 words
  • 1034 16 awn mmmm •HUMMMUMlri Rubber Dec 31 HAS (tola Mm) j^ESETl Noon Close Int 1 RSS Prompt I25.50/I26.50N 125.50/126.50N Int I RSS Jan 92 126.00/126 50 126.00/126.50 Int 1 RSS Feb 126.50/127.00 126.50/127.00 Int 2 RSS OP 125.00/I26.00N 125.00/126.00N Int 3 RSS OP 122.00/I23.00N 122.00/123 OON Int 4 RSS OP
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  • THE TRAVEL PAGE
    • 1125 17 City FNffct ETA Flight ETD Aba DfcaM GA895 1235 GA974 0001 1 1_ GA886 0010 QF81 2010 SQ227 2U5 -»> QF82 2115 Aact*rdMi GA895 1235 GA974 0001 KL837 1340 SQ24 2215 kfotm 0A471 0015 0A472 2240 SQ35 1650 Aadtfaad N221 1700 NZ22 1820 SQ388 2035 Sfi
      1,125 words
    • 579 17  -  POSTCARD FROM NEW YORK By Deborah Blumenthal PICTURE a boutique where a Chanel suit sells for less than a third of its original price. Or a shop offering Ralph Lauren boots for USss7o (SSII4), an Armani blouse for US$ 150 or a sequined evening suit by
      579 words
    • 150 17 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2300 1.2500 Canadian dollar 1.3900 1.4200 NZ dollar 0.8680 0.8980 Sterling pound 3.025 3.055 US dollar 1.6210 I.63IO Local dollars to 100 anits of foreign currency Austrian schilling 15.00 16.00
      150 words
    • 183 17 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jan 12-19 Do-It-youndf Utredtt. Koninklijke 3I309SS.9U Feb 13-18 International Valencia Fena Muestrano ********** 1992 Trade Show Netherlands Nederlandse 1992 Toy Fair Spain Intemacional Jaarneura De Valencia Jan 14-17 Aerospace NEC, Centre 021-*****18 Feb 14-23 International Turin. Italy
      183 words
  • Page 17 Advertisements
  • Page 17 Miscellaneous
    • 247 17 > 1 Served with pork? Nonsense (5,5) V P 6 Habit to boast about (4) 13 Making a run to clinch the —-p^—PH— match (7) 15 I J |H| Hp 15 We hear a letter gets an 16 She was exposed as an op- H^^ ponent of oppressive taxes I
      247 words
    • 123 17 World forecast Asia-Pacific Hi/Lo* Cood. Auckland 23/16 Showers Bangkok 29/19 Cloudy Beijing -2/-13 Cloudy Brunei 30/22 Showers Hongkong 14/09 Cloudy Jakarta 31/22 Showers Kuala Lumpur 30/21 Showers Manila 29/21 Sunny Peith 26/17 Showers Seoul -2/-11 Hurry Sydney 23/17 Showers Taipei 13/08 Cloudy Tokyo 05/00 Snow Europe Hi/Lo* Cood. Amsterdam 07/03
      123 words

  • 402 18  -  Accords proposed to cover joint ventures, shipping By Schutz Lee SINGAPORE Vietnam wants to conclude two bilateral agreements with Singapore, one to facilitate joint ventures and the other to promote ties in the shipping sector. The Trade Development Board said yesterday that
    402 words
  • 398 18  -  By Hong Lee Tiam SINGAPORE Chewing gum distributors say they will have to sit on several million dollars worth of their products as shops return supplies because of the government's ban. The decision to ban gum because of the offensive litter problem its
    398 words
  • 72 18 Reuter MANILA The Philippines formally told the US yesterday to withdraw all its forces from Subic Naval Base within a year, signalling the end of nearly a century of American military presence in the country. The Foreign Office served the US embassy a
    Reuter  -  72 words
  • 501 18 MINSK AFTER a long day of disputes, the former Soviet republics agreed on Monday that individual members of their new Commonwealth of Independent States could form separate armies, though strategic weapons would remain under a single command. The 11 members of the Commonwealth
    501 words
  • 250 18  -  By Elaine Koh SINGAPORE The government is awaiting an investigation report by the Malaysian police on a local company allegedly dumping toxic waste in Perak. The Ministry of the Environment reiterated that it would take action against any company found
    250 words
  • 260 18 NYT HONOLULU President George Bush, on a brief stopover here on the way to Australia, where he is beginning a four-nation Pacific region trip, was asked on Monday if he agreed with a comment on Sunday by Commerce Secretary Robert A Mosbacher that
    NYT  -  260 words
  • 512 18 Reuter TOKYO Japan's trade with China surged to record levels in 1991, a year which saw progress in the formation of new economic regions within Asia, traders and economists said yesterday. They said economic integration, with Japan a major player, was moving rapidly in what
    Reuter  -  512 words
  • 314 18 Reuter TOKYO Prime Minister Kiichi Miyazawa has told a New Year's news conference that the Uruguay Round of multilateral trade talks must not fail, indicating Japan should eventually change its long-time policy of banning rice imports. At the same time, Mr Miyazawa said it
    Reuter  -  314 words
  • 26 18 SYDNEY Protesters warming up for US President George Bush's arrival yesterday by burning the US flag outside the American consulate.
    26 words
  • 361 18 Reuter PHNOM PENH Cambodia's factions, meeting in the capital for the first time as a provisional national council after years of fighting, have urged the United Nations to send a large peace-keeping force as soon as possible. "Past experiences since the signing
    Reuter  -  361 words
  • Page 18 Advertisements

  • Shipping Times
    • 379 19  -  By Dexter Lee SINGAPORE Drawn by steady trade growth in Vietnam, Japanese carrier Kawasaki Kisen Kaisha (K-Line) has boosted its presence in the country with a representative office in Ho Chih Minh City. The new office will be manned by two
      379 words
    • 438 19 AP SINGAPORE Once discounted as a "sunset" industry in a country that seeks a high-tech future, Singapore's shipyards are enjoying an unprecedented boom. Order books are full, expansion plans are afoot and workers are looking forward to fat year-end bonuses. More of
      AP  -  438 words
    • 1227 19 Page Coi ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWare ho using 15 4 Arrow Int 9 4 Asian Break-Bulk 16 3 ASXCL Shpg
      1,227 words
    • 431 19  -  By Jimmy Yeow KUALA LUMPUR Balsco Line, a major Soviet shipping company, has made Port Klang its main port call on its Lash service for cargoes originating from Malaysia and Sumatra ports to the northern Continental ports. Lash
      431 words
    • 287 19 AP STOCKHOLM Bomb threats on Monday emptied two of Sweden's busiest train stations and Stockholm's international airport, and police detonated a suitcase bomb at the capital's main rail terminal. The national news agency TT quoted a police spokesman as saying two extremist right-wing organisations
      AP  -  287 words
  • NEWS SUMMARY
    • 29 19 SCIENCE FICTION crossed the mind of Swaran Kapur as he followed an air express package from Singapore to Los Angeles recently Page 2
      29 words
    • 43 19 THE South Korean Justice Ministry has impounded documents showing bank accounts of the family of a former presidential official in connection with a multimillion US dollar lobbying scandal involving Northrop Corp, sources said on Monday Back Page
      43 words
    • 57 19 TAIWAN'S Communications Minister said on Monday he was dissatisfied with the safety record of flag carrier China Airlines (CAL) and would strengthen government supervision of the airline. Eugene Chien was speaking to Parliament a day after a CAL Boeing 747 cargo plane crashed in northern
      57 words
    • 57 19 THE United Arab Shipping Company (UASC), the Arab world's largest firm, is projecting a US$97 million (SSISB million) net profit for 1992. The Dubai-based company said in a statement that US$5O.7 million were expected to come from operations and the rest would be earned
      57 words
    • LOG BOOK
      • 69 20 LONDON The Singapore-flag Probo Gull collided with the Enel Pier in Termini Imerese, Sicily on Dec 26, Lloyd's Shipping Intelligence Service said on Monday. The 47,979dwt oil bulker was unmooring from the pier in very rough seas when the accident happened. Severe damage is
        69 words
      • 71 20 LONDON The 465 gross tonne vessel Katerina, reported slowly sinking and therefore hazardous to navigation in latitude 34 57.9 N, longitude 14 15.9 E on Friday, could not be located by helicopter search, Lloyd's Shipping Intelligence Service said on Monday. The vessel had reported its
        71 words
      • 66 20 K mt TOKYO Four people died and four were missing on Monday after a yacht capsized during a race from Japan to Guam, a Maritime Safety Agency official said. The 7.9-tonne Marine Marine capsized in the Pacific Ocean, 137 km southeast of Tokyo, he said.
        66 words
      • 77 20 SHAH ALAM Free postal privileges being enjoyed by ministers, chief ministers and Menteris Besar will be withdrawn from Jan 1 following the launching of the privatised Postal Services Department, the Syarikat Pos Malaysia, on Wednesday. Deputy Director-General of Posts Haji Abdul Malek Ahmad Shazili said
        77 words
      • 55 20 PHOENIX, Arizona America West Airlines Inc said it initiated Columbus, Ohio, service with several low, introductory fares. Travellers can fly roundtrip via Chicago's Midway Airport for US$9B (S$ 160), and roundtrip via Orlando and Tampa, Florida, for US$l9B. America West's Columbus service includes Boston, Las Vegas,
        55 words
      • 76 20 PARIS Airbus Industrie said Tunis Air signed a contract on Dec 27 to buy two more A32os, bringing to six the airline's firm orders for the plane. The French-based plane maker will deliver the aircraft in May 1994, Airbus said. It gave no value
        76 words
      • 69 20 BLOCK ISLAND, Rhode Island Searchers failed to find three men who were in a twin-engine commuter plane that crashed in the sea on a training flight on Saturday night about 15 km east of Block Island, the Coast Guard said on Monday. Wreckage, including
        69 words
    • 479 20 BUSINESS on the freight market on Monday was slow to pick up after the Christmas holiday and few fixtures were reported, brokers said. There was an unconfirmed booking for heavy grain from the US Gulf to Japan at U5524.75, basis one combination, although the rate for the run
      479 words
    • 1689 20  -  Science fiction crossed the mind of Swaran Kapur as he followed an air express package from Singapore to Los Angeles recently Swaran Kapur THE fastest way imaginable to move a package from one place to another is probably the Star Trek system: dematerialise it,
      1,689 words
    • 6744 28 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 maximum
      6,744 words
    • SHIPS IN PORT
      • 512 35 Vtmi fey Ne Berth Armi Departn Voy No Berth Arrfcal Departm Marina Terminal 1 Batam Baru B116 M05 31 12/2300 *ya Benama J340 M05 akxfsxfe 31 12/2300 Katanfahe 49/91 M03 ator«SKte 3112/1800 Sea Lark 50 S01 31.12/2300 01 01/1200 World Ares CPS-17 S01 0101/2230 0301/1200 SCHEDULED TO
        512 words
      • 219 35 Mm* Port Bar* 1: ni; 2: Rau; 3: Hang Wan; 4: Van Trader; 5: Sea Concert 6: Sea Leooard. 01 (ftp Stort Sydness, Queen Chie, Akadennk Uznadze. DCti* Dm Dk 3ft Bum k, Successway, Sua, Gloria, Jambongan, Ermca, New Line No 1. Metaka Jaya. Pathem, Barge Kuala
        219 words
      • 908 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Bjbnce RsJts 9* Voy No Etb/Btr Pwtod From To From MX Me 65A 01/1500 2 30/1700 31/0(59 31/0900 31/1200 31/1459 31/1700 ACt Rose 22B 31/1430 1 30/1500 30/1659 30/1900 Mk'CoiumOu ***** 01/0900 1 30/1500 30/1659 30/1900 2 30/1700 31/0659
        908 words
    • 276 36 AP SEOUL The Justice Ministry has impounded documents showing bank accounts of the family of a former presidential official in connection with a multimillion US dollar lobbying scandal involving Northrop Corp, sources said on Monday. The Justice Ministry sources said the documents were
      AP  -  276 words
    • 206 36 Reuter TAIPEI Taiwan's Communications Minister said on Monday he was dissatisfied with the safety record of flag carrier China Airlines (CAL) and would strengthen government supervision of the airline. Eugene Chien was speaking to parliament a day after a CAL Boeing 747 cargo
      Reuter  -  206 words
    • 240 36 Reuter DUBAI The United Arab Shipping Company (UASC), the Arab world's largest firm, is projecting a US$97 million (S$ 158 million) net profit for 1992. The Dubai-based company said in a statement that US$5O.7 million were expected to come from operations and the rest
      Reuter  -  240 words
    • 154 36 Reuter BOGOTA, Colombia The government announced on Monday it was increasing the domestic price of petrol and other fuels by 27 per cent, effective immediately. The price of regular grade petrol rose to 462 pesos a gallon (about 23 Singapore cents a litre) from 364
      Reuter  -  154 words
  • Page 19 Advertisements
    • 15 19 Ums tad mtvlcm nfrmatid ptflf ASMCUruOfI. For advertising enquiries, contact Shipping l imes lei 740-2089/71*2090.
      15 words
    • 128 19 AAST" w lanage BT shows you how every Monday. i" sXv V 'i' v <$, 'J A t&$W£NtP-* S '.-"S 'JiHHHBF'' tv*> 3.-* r-j*- v 4 .< j Qk* > ®v.-V;' F 1 F ..--1 r- j v 'fl W a' "j ,m l§rty :a .'1 t I •>; ■LW
      128 words
    • 24 19 Container Schedule 17 My Freights 2 Me to Adwrtetrs t 1 Shwnt Gudt 10.11 Stops m Port 17 Smppore files 17 Transport Diary 3
      24 words

  • Page 20 Advertisements
    • 125 20 The Weekly Freights report was not available at press time. WTM ScafceLscissors_sutures_ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money. Essential information accessible every business day through Business
      125 words

  • Page 21 Advertisements
    • 2356 21 OOCL (8) PTE LTD JARDINE SHIPPING AQENCIEB «I||#N Alllff BOOKINGS TEL: *****234 *****58 ■■M| KM W TERMINAL/CFS TEL: *****218 220 PCfiuufln PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L \SSSF A PORT KELANG TEL: *****18 FAX: *****91 3672/88 T— PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service
      2,356 words
    • 1806 21 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore, Federai Aviation Administration. USA, Department of Civil Aviation. France and State Institute for Air Navigation. USSR at the Raffles City Convention Centre. For further information please contact Singapore Aviation
      1,806 words

  • Page 22 Advertisements
    • 729 22 t We wish all our clients, friends business associates a Very Happy New Yearl Singapore HAPAO-LLOYD (SINGAPORE) PTE LTD Singapore *****00 CFS *****48 (C/R No: **********00) Malaysia Sogani Agencies Sdn Bhd. K. Lumpur *****25 •P. Kelang *****18 CFS *****50 Penang *****7/*****2 JB 07-*****0, *****9. I man ¥or m feeder spore
      729 words
    • 793 22 Mjyj I f^ j H||^BHII^IE2SfIEIBDiB2]|QiuHBMHHHHHIHp SEASPAC SERVICE FASTEST DIRECT SERVICE TO SOUTH PHOFIC PORTS SIN NOU suv PPT COPIAPO 3002 EB 79-01/01 13/01 16/01 22/01 LJ BONTANQ 3106 EB 25-28/01 10/02 13/02 18/02 Transit Time ,i 3) (10) (22( ALSO ACCEPTING CARGO MA SUVA TO lAUTOKA. PAGO PAGO APIA. NUKUALOFA,
      793 words
    • 1612 22 El yaawffl &smm regular independent full container service WESTBOUND FOR EUROPE VSI/VOT SM AL6 BCL HAM BRE ROT ANT FQ. IHA (VIA (VIA (VIA AL6) HAM) ROT) NORASIA SHARJAH 9143-3 06/01 08/01 30/01 02/02 04/02 03/02 05/02 04/02 05/02 NORASIA MUBARAK 9144-3 14/01 03/02 05/02 09/02 11/02 11/02 13/02 12/02
      1,612 words

  • Page 23 Advertisements
    • 1871 23 I m m STRAITS SHIPPING PTE LTD tgttg 1 5 Ho* Chiang Road #09-01 San ford Building Slngapora 0208 Tal: *****8 a Fax: *****17 ACCEPTS om SAILS SPORE B'KOK CARGO PEGASUS PROGRESS V 691N 05 lAN (DiSCH ONLY)— ■aiah RMM. wolf i* KK 0 VMM 07-01 lAN IM2 lAN RAJAH
      1,871 words
    • 2166 23 W%\ A SINGAPORE AGENT: VkwrfK P&O Containers (Singapore Agenclea) Pte Ltd A. OCV/ V>\llllCtlllvX 9 15 Ho* Chiang Road *06-02 too 6 Sanford Building, Singapor* 0206 HHHwA Tal: 22S 2233 T*l*x: RS ***** PNOCSP Fax: 225 5327/222 7517 w W CR no. *****f*****0z EXPORT IMPORT nlu rr=r a AMT XSSfr.
      2,166 words

  • Page 24 Advertisements
    • 538 24 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE W./VOY STORE ROAM ADAM H'BKtG BREMEN ANTWW KUTM/24W8 10/1 14/2 11/2 23/2 2J/2 MATMAM/31NB 11/2 20/3 24/3 1/4 5/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sutofact lo Inducamanl. Also accepting cargo to Casablanca, Port Said, Port Alaiandrla. Genoa Trlasts I ALSO
      538 words
    • 1317 24 0 HANJIN SHIPPING FW VSL rUn IME HAUL IGB OAK FM VSI SW UNI HMI SA» 1M NVC HANJN MA SAN 06# H ra.«STOWE OUE 20/1 23/1 HANJW CICjU 077E 6/1 K YOKOHAMA 037E 13/12 14/2 If/2 HANJM SPORE 6/1 OKCT 27/1 30/1 HANJW KNANGYANG 084E 13/1 M. PROPITIOUS 02*
      1,317 words
    • 1261 24 0.15 d IH 1, KSS AC W MIT OSK N6T BE TYO LAX CMI Ml NTC LMf Ml any n# iae mq as n tff I I6UHMN > 1/1 M 14/1 U/l 17/1 fl/i nil n/l M/l w/l "/I 22 U /2 11/2 25/2 21/2 27/2 21/2 1/1 11/3 21/3
      1,261 words

  • Page 25 Advertisements
    • 1772 25 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 (TOLL-FREE) UK/EUROPE SERVICE *****19 USA SERVICE *****18 AUST/INOIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 TERMINAL OFFICE *****22 DOCUMENTATION DEPT *****44/*****14 CFS: MB2- IMPORT *****360/*****96 CFS: MB2 EXPORT *****53/*****50 NEPLINE SON BHD MALAYSIA K-L-(03) *****33, P. Kelang-(03)
      1,772 words
    • 924 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM)—OBCHARGWG WESTBOUW-LQRCHC TMICHFPH) MR ROTTBDRM urau wr |mi hkg ~wt pit IST pis fS
      924 words

  • Page 26 Advertisements
    • 1619 26 K» WJT AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W wmrfn TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I I H MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD 1 Am M JL# TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 mmmm KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,619 words
    • 1244 26 PHIU-ORICNT LINCS PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****69/*****00 Talax: RS ***** FAX .*****76/*****38 Z BY AIR, LAND OR SEA.... 4^ WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTMAUAWSW ZXALAND/9QUTH PACIFIC FCULCL B*HV9CM~] 09 JAN SYDNEY MELBOURNE BRISBANE. FREMANTLE
      1,244 words

  • Page 27 Advertisements
    • 1146 27 PACIFIC INTERNATIONAL LINES (PTE) LTD ■■'ill V ■MPIL Building, 140 Cecil Street MXMO. Singapore 0106. I^—^^— CR NO: 10Q*****000E {Jakarta Bangkok l VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EOEN oil 1/1 J/1 7/1 KOTA PAHLAWAN KPL2OI VI 4/1 S/1 EQUATOR MAS 30N 1/1 3/1 1/1 KOTA
      1,146 words
    • 1242 27 lEacßenV F CUSS CONTAINER TRANSPORT FEEDER VESSEL" PENANG PKELANG OCEAN VSI/VOY SIN SOU (1) RTM (2) HAM (3) 1 GOT (V ANSON/TBN 17/1 18/1 NIHON 2022 21/1 7/2 9/2 10/2 12/2 ANSON/TBN 24/J 25/1 BENARTY 2032 28/J 14/2 16/2 17/2 19/2 ANSON/TBN 31/1 1/2 ALSIA 2042 4/2 21/2 23/2 24/2
      1,242 words
    • 470 27 M MYANMA ypUk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf WRGU VIIIN In Pt 9/7 Jan PATHE H Vlls* 3/5 I*> hi ft MYOMA TWA VI3BN M Pi SM 9/7 Jan HPAAN VI7IN 3/6 Jan LOMAW VI SOW 4/5 Jan THE BANK LINE
      470 words

  • Page 28 Advertisements
    • 996 28 STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO A HEAVY LIFTS •ES®- I VOT IV H* Tiijc ns SOU MS 31 SID lie COMC ram li MPT U owna ocean Hi i/I j/I 1 cosmk Tuoa ~n s/1 •uoa* Tz i/I u/i COMCMMTOt 5 S/I "H7I iu« wo "35 57i "u/i
      996 words
    • 74 28 IS'pore P Kelang Loading for I MPS 5/1 12/1 Rdm/Atw/UK/Nantes RO 20/1 24/1 Rdm/Atw/UK/Nantes/Valencia IS'pore Loading for I COMMON VENTURE Sid Jeddah/Hodeidah I CARBBEAN QUEEN 3/1 Dubai/Dammam/Kuwait I PAN GLORIA 5/1 Aden/Jeddah/Aqaba I [Spore Loading for PAN FORTUNE Los Angeles/New Orleans/ I Charleston/Norfolk/Camden OCEAN FRKNO Los Angeles/New Orleans/ I Charleston/Norfolk/Camden
      74 words

  • Page 29 Advertisements
    • 930 29 /g A total approach to transportation_ BCAMDUTCH Fixocn KWL P ALAMO HHMM OCCAM Villa MM L> MAVMO) ""DA***) VNAMPTOM(a) mUM(4) OVUM <«1 ht Ml «fn *RU Sm STmyi Auckland FiB(A) n Hn—irttiffll Than Lrttafton(B) Dmo*(B) Napier unt»/w mm n/u n/u n/u it/u Vi a/i m/i *5®- f e "jTr S!/i
      930 words

  • Page 30 Advertisements
    • 784 30 TO AUSTRALIA/NEW ZEALAND F 1 1Mb |S,d I Audi INK Ip OMIM c. vcaaic 2M t/i i«/i 21/1 »/i jITT" 575 Amiofw 2U TJi iTT" u/5 Tm~ ~n/T~ ~—svs "w*nsTzi« svi 2J3 tTj ToTT" TsTl TiTl ellen mm aT 9/3 17/3 21/3 25/3 "5T75 3/5 TO USA/CANADA VSLfsii bit Pot
      784 words
    • 839 30 EXPORTS TO HONGKONG, TAIWAN, MANILA I JAPAN "TWIC£ WEEKLY" MALACCA STRAITS SERVICE [OUTBOUND VOY PHI PEN WT SO MNL KG KM Kg TTO W NGO HOB [I VESSa VOY |SW |PKL 5 BLW SI ACX DAISY 218 *29 12 *271? 30 12 3 1 7.1 9.1 10.1 141 111 16.1
      839 words
    • 208 30 SEAWARD SHIPPING AND TRADING CO (SI PTE LTD WISHING ALL OUR FRIENDS AND CLIENTS A VERY HAPPY AND PROSPEROUS NEW YEAR FOR BOOKINGS A ENQUIRIES PLEASE CONTACT: SINGAPORE PORT KELANG SEAWARD SNIPPING I TRAOINC ORIENTAL SNIPPING CORPORATION CO. (SIPTE. LTD TEL K.L. ***********4 1111. INTERNATIONAL PLAZA PORT KELANG *****1 ANSON
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    • 1687 30 CHINA OCEAN SHVPIN6 COMPANY PULL, CONTAINER IJNKR SERVICE niHr'nun -Hirr.hr <iw ri« SKGAWM'S GOOAI *6£HTS man COSTAR SHPPING PTE LTD PT. GLOBAL PUTRA f 1U: 22C19M/*****33 INDONESIA MARITIME PENANG lEL *****1 TU MA ***** TEH: RS *****/1 COSHP KT lEL (I21)*l«37. *I*4 GUAN GUAN SHIPPING SON BHD SmUTT* P.KLANG TEL:
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  • Page 31 Advertisements
    • 613 31 (<£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 y HOT LINE: *****33 (24 LINES) LIMASSOL/PREAUS 5/1 ROTTERDAM 5/1 HAIFA/ASHDOD/ALEXANDRIA 5/1 HAMBURG/BREMEN 5/1 MARSEILLE/FRANCE 571 FELIXSTOWE/UK 571 BARCELONA/SPAIN 571 LEHAVRE/ANTWERP 5/1 GENOA/ITALY 571 GOTHENBURG/SCANDINAVIA 5/1 LOS ANGELES/WC/W 5/1 SYDNEY/MELBOURNE 4/1 NEW YORK/EC 5/1 FREMANTLE 4/1 VANCOUVER 5/1
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    • 1416 31 .BANGKOK Km BHUM 14S to* 4/01 SKI BHUM# M7W fri 3 Oi Tin 7/01 AKA BHUN 124S 4/01 7/01 MAHA BHUM# SOU Sst 4/01 Tm 7/01 KITI BHUM 1M «_Ol 11/01 «W 11H Mwi 0/01 Thu 9 01 AKA BHUM IKS 11/01 14/01 THAWA BWM*# 04W Tu. 7/01 Sat 11/01
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    • 340 31 TBBUWE VBL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MA* SIN TIGER SHARK 05N SW 07-09/01 15-16/01 TIGER BRIDGE ISSN 05-06/01 11-13/01 IS-19/01 TIGER SPEED IS6N 12 13/01 IS-20/01 26-27/01 VSL VOY SMQAPORE/C ALCUTT A/SMGAPORE VESSEL VOY SIN CM. t SM TIGER RIVER 142CN8 05-06/01 12-16/01 22-23/01 EAGLE BREEZE OSS
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  • Page 32 Advertisements
    • 1549 32 blue star line TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN m. MCI ITT sm HKJSKCT 1(S 4/1 U/l U/l 4/2 MANOAMA WOSI2 U/l 2«/ l 30/1 l*/2 P*£MKR US 24/1 5/2 YIA NPt 7/2 24/2 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW
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    • 820 32 THONG SOON LINES PTE. LTD. mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA kssel Ivor Jeta' [pest vessel m smt If.
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    • 270 32 NVOCC IMK£ TOUR NEXT SHTMENT TO MIDDLE-EAST TMIOUGH FRATA CONTAINER LINES +EFFICIENCY B MJI TKADEMAU OUR NEXT VOYAGE TO MDOLE-EAST ON 11.01.92 CONSOLIDATES LCL CARGO TO: DUBAI ABU DHABI DOHA SHARJAH DAMMAM BAHRAIN KUWAIT BANDAR ABBAS CONFERENCE LINER MM DIRECT CALLING AT DUBAI GOOD CO-LOADING RATES TOO! MM COUNT ON
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  • Page 33 Advertisements
    • 796 33 \SS^^^companu^EßUAN!^^^ m DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 10* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOil, TOKYO*. OTHER JAPAN PORTS*, MANH.A*, DAVAO*.
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    • 477 33 CZ3Z I ME2) N.AMERICA/CARRIBEAN SERVICES vessel Ivot Is* huunwa km hsi Isav Intc toi M STONEY 1?« 7/1 m AMERICA 11/2 20/2 2«/2 */2 21/2 AM ELAT ifl 13/1 W UCRICA 11/2 20/2 2«/2 2C/2 71 7 AM MELBOURW 214 C 11/1 ID WM 19/2 21/2 3/3 5/3 111 •ccaplxf
      477 words
    • 565 33 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHAftiAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS ICDOAH FAR EAST ACCEPTING FCL/LCL PENANG, P KELANG JAKARTA BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS. TILBURY ABEROEEN. LE HARVE HAMBURG ROTTEROAM ANTWEP GOTHENBURG COPENHAGEN ALL
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    • 444 33 la PERINTIS LINE I M WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT DERAJAT 970 07/01 10/01 PELOPOR 1021 04/01 07/01 OASA ENAM 909 08/01 11/01 OERAJAT 971 14/01 17/01 PELOPOR 1022 11/01 14/01 OASA ENAM 910 15/01 18/01 General Agents ASIA
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    • 413 33 SIN FM EAST 5/1 KEELUNG/KAOHSIUNG 4/1 BANGKOK 4/1 MANILA/CEBU 7/1 JAKARTA/BELAWAN/SURABAYA 5/1 PORT KELANG/PENANG/E. Malaysia 6/1 BUSAN 5/1 TOKYO/YOKO/KOBE/NGO/OSA 6/1 HONG KONG Si CjUNA 6/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DAL lAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN eUMPE/M 5/1 LDN/FLX/LVP/SOU 5/1 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN
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  • Page 34 Advertisements
    • 555 34 SEASON'S GREETINGS TO ALL OUR CUSTOMERS an age m e 111 Staff ANGLO ORIENT SERVICES (S) PTE LTD "ACCEPTING FCL AND LCL TO THE FAR EAST" TAIWAN JAPAN VESSEL/VOYAGE SIN KHH KEE TOK YOK OSA KOB Sea Ranger V.502 26/12 31/12 02/01 07/01 07/01 09/01 Asian Pegasus V.512 02/01 07/01
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    • 136 34 (t) MM MM Mill »J— VSL/VOY S PORE LOADING FOR YU HANQ 3-5/1 DALIAN/HPU SU YANQ 10-15/2 DALIAN/CHINA PORT GENERAL AGENT KOLAM TERMINAL (8) PTE LTO T#l: *****16/*****12 P.KELANG: 03-*****25 P GUDANG: 07-*****0 I VSL SPORE DESTINATION I YU HANQ 3-5/1 BANGKOK I TBN 20-25/1 MANILA I ACE 30-2/1 HKONG
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    • 587 34 BonteFmJ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE WhAUCKLAND 4 JAN NEW PLYMOUTH, WELLINGTON, LYTTLETON, NAPIER, HAMILTON, CHRIBTCHURCH, DUNEDIN, PORT CHALMERS BANGKOK 6 Jan EUROPE 6 ian FREMANTLE 9 Jan PENANG 7 Jan PORT KELANG 6 Jan JAKARTA 7 Jan MELBOURNE 8 Jan SYDNEY 8 Jan
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    • 399 34 CUJIwn Agent* WMXA-y/Mr CftjO PENANQ KL: allied-LINK SINGAPORE: /^T^\ mSr 04-*****2 *****8059 778 6522(22 unesi m TP Marina 0n« 'Sumo Ng/Phlllp Km Irww Yap I E9 KIM SHIPPING 1 E3 Tel: *****11 Fu: *****8S CONTAMa/KO-M/BKEAKBULK StKHCFS VFftftEL VOY OIN DAM DUB JCD SAUDI RIYADH FEA 001 15/01 02/02 11/02 13/02
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    • 363 34 F™]' MANILA ETA VIGOUR SINGAPORE 16KB 2S/12 VIGOUR PACIFIC 53N8 4/1 BANGKOK 4/1 11/1 BUSAN 30/12 6/1 HONGKONG 3/1 10/1 DURBAN/PT LOUIS 12/1 22/1 KEELUNG 30/12 6/1 USA 30/12 6/1 PT KELANG 31/12 3/1 KOBE 30/12 6/1 PIRAEUS 30/12 6/1 OSAKA 1/1 8/1 JAKARTA 30/12 3/1 DUBAI 30/12 10/1 IVfipa
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  • Page 35 Advertisements
    • 132 35 vO c vOC vOc vOc vC )c vOcvO c V PREMIER CARRIER V Q JllfLj, REUABLE SERVICES Q o COMPETITIVE RATES u ?3 BARGES OPERATION TAILORING TO YOOR NEEDS Q SINGAPORE BATAM 0 ENQUIRY BOOKING: A V *****01 iMk V U 0 q eeHHsoaaanas* Q r. WEEKLY CONSOLIDATION SERVICES TO
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    • 5 35 Every Saturday in Business Times
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    • 229 35 f BEN LINE LTD I 200 Cantonment Road Tel: *****22 I I #13-05 Southpoint Fax: *****63 I I Singapore 0208. Telex: RS ***** I VESSEL VOY NOS SPORE LEHAVRE ROTTEROAM S'HAMPTON HAMBURG GOTHENBURG" FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bong« Pwma+ 478 2/J 18/1 19M 21/1 22/1 Toyma' 476 3/1 27/1
      229 words
  • Page 35 Miscellaneous
    • 178 35 TIDES raws noes (iwgtit in metres) HOW mo 01M02M1300 MM 0500 MM 1700 OMOMMIOOO UM12M*****400 ISM IMOI7MIOMIMO 20M 21M 22M 23M JR 16 1.5 1.4 1.4 16 19 22 2.5 2.7 16 24 2.1 1.7 1.4 LI 08 07 08 10 1.3 16 19 2.1 2.1 PP 1.6 1.5 1.4
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  • Page 36 Advertisements
    • 1184 36 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. lEASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FfflW WT ftt PCD ah It HM*. Wf BO ii W M UK mm W it TCM/g* ftl NAM HM 2M mot 09/12 10/12 12/12 UUJMM 4SC 20/12 Of/Ol 01/01 11/01
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    • 65 36 ICHARTPOINT Every Saturday in Business Times i Our Consolidation Service To PENANG EVERY TUESDAY j PORT KELANG EVERY SATURDAY BANGKOK TWO TIMES A WEEK I I ■dJJj.UIIJJ.UJJJJ.IIeJJ.m I SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8
      65 words