The Business Times, 6 January 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, January 6, 1992 75*
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  • NEWS SUMMARY
    • 74 1 TOKYO Finance ministers and central bank governors of the Group of Seven industrialised nations will meet late this month to discuss ways to support the Commonwealth of Independent States, press reports here said yesterday. The meeting is also expected to discuss the
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    • 33 1 ZAGREB, Yugoslavia Yugoslav federal forces yesterday handed over the military port of Split to Croatian authorities, along with 250 tonnes of arms and ammunition, Radio Zagreb reported.
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    • 31 1 MYANMAR is likely to receive the largest slice of Thai farm aid notwithstanding international efforts to isolate it because of its notorious human rights record Page 7
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    • 29 1 WESTERN creditor nations have agreed to give the republics of the former Soviet Union breathing space to repay loans totalling US$3.2 billion (555.2 billion) Page 11
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    • 49 1 IN his budget request to Congress later this month, US President George Bush intends to propose tax credits to help people buy health insurance, more cuts in military spending and major new curbs on the payment of government benefits to the affluent Page 11
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    • 32 1 THE East Timor shooting incident was the unlikely trigger for Australia to signal what appeared to be a significant policy change in its dealings with South-east Asia Page 12
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    • 16 1 VIDEO ARTS is offering managers a chance to laugh and leam Page 14
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    • 27 1 CANT tell the difference between Cosi and Carmen? Here's a guide to conning 'em at Covent Garden and lying at La Scala Page 19
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    • 41 1 SOME 92.4 MILLION freight tonnes of seaborne cargo passed through Singapore's gateways in the first 10 months of last year a 15 per cent rise over the same period in the previous year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 24 1 GARUDA AIRWAYS, Indonesia's flag carrier, has confirmed that it is considering investing in Compass, Australia's newest airline, grounded last month Page 3
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    • 35 1 LIM KIM HAI Holdings (LKHH) submitted an application to the Malaysian Capital Issues Committee on Dec 26 for a transfer to the main board of the Kuala Lumpur exchange Page 3
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    • 35 1 TURNOVER on the Shanghai securities market, China's main experiment with capital-ist-style reforms, hit 11 billion yuan (553.29 billion) in 1991 about three times the total of the previous five years Page 4
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    • 36 1 SEAMAN Furniture Co, the largest furniture retailer in the recession-battered northeastern US and a product of the 1980s buyout boom, has sought bankruptcy-court protection and closed more than one-third of its stores. Page 5
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    • 20 1 THE Luxembourg district court has ordered the liquidation of Luxembourg-based Bank of Credit and Commerce International Page 6
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    • 31 1 INDONESIAN Finance Minister J B Sumarlin has called on commercial banks to manage their funds carefully in spite of the cut in the central bank's discount rates. Page 6
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    • Article, Illustration
      26 1 Friday Change BT-MGA 719.58 +1.80 Kuala Lumpur ....552.99 +0.83 Tokyo closed Hongkong 4,307.13 +5.35 Sydney 1,659.9 +12.0 New York 3,201.48 +29.07 London 2,504.1 +11.3
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    • 24 1 Exchange rates USS SS 1.6275 100 Yen SS 1.3083 MS SS 0.5977 Money market rates Overnight 3 1/4% +5/16 3-month 2 11/16% unch
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    • 30 1 Rubber S'pore Feb 128.25'/kg +1 M'sia Feb 212.00Vkg unch KL Fin Turnover 38 tonnes -34 Spot MSl4.83/kg -0.02 Crude paJm oil Turnover 1987 lots +1177 Jan MS912.5 /tonne -10
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  • 591 1  -  Ambassadors to five Asean nations to go on tour in March By Shoeb Kagda SINGAPORE American ambassadors to five Asean countries are to build on President George Bush's call for more US businesses to explore opportunities in this region. The ambassadors
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  • 369 1 Agencies SEOUL US President George Bush arrived in South Korea yesterday to discuss contentious trade issues and security on the divided Korean Peninsula. On the third leg of a 12day Asian-Pacific tour, Mr Bush and his wife, Barbara, were greeted at Seoul Airport
    Agencies  -  369 words
  • 354 1 SINGAPORE President Wee Kim Wee will set out the Singapore government's plans and priorities for the next five years when he opens the Eighth Parliament tonight. Besides spelling out the administration's broad directions, President Wee is expected to outline a new approach to
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  • 465 1  -  From Harish Mehta in PHNOM PENH THE LIFTING of the United States trade embargo against Cambodia will contribute to the country's economic reconstruction and also prevent the return of the genocidal Khmer Rouge, said the Cambodian Deputy Minister for Foreign Affairs, Sok An. In
    465 words
  • 146 1 AFP TOKYO Japan has decided to ease regulations on standards and certification for imported vehicles to help reduce its huge surplus with the United States, Kyodo News Service reported yesterday. The report quoted Japanese officials as saying that they expected
    AFP  -  146 words
  • Page 1 Advertisements
    • 149 1 rJI MC/ MADE IN WEST B Sole Agent WONG BROTHERS SHOE Tel: 283-3834 Aircraft Schedule 29 Market Reviews 25 World News 11 The Arts.. 19 Money Changer Rates 29 For market indces, editorial, Commodities 28 Money Market 27 advertising and cvculatnn exCompany News 3,4.5 Regional News 7 tensions, cad Business
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    • 49 1 More reports on Pg 2: Bush brought good news to businessmen Call to protect nature without halting progress Bush upset over news leak Images of a presidential day Seoul unlikely to concede much, Pg 7 Thirty-three in KLSE's billion-ringgit club, Pg 3 Chan Bros: Family-controlled, professionally managed, Pg 13
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    • 80 1 C. T. HOO Singapore #01-22 Tangiin Shopping Centre, Singapore 1024. Tel: *****47, *****43. Naturally enthusiastic. Aboard Japan Airtnes, you quickly sense a genuine who encounter the refreshing hospitafetyotf JAL once, do so enthusiasm on the part of the in- flight crew. tfs easy to see again and again. Welcome aboard
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  • SINGAPORE NEWS
    • 414 2 PRESIDENT George Bush's affirmation of his country's commitment to free trade and increasing its economic presence in the region was comforting to hear, said local businessmen yesterday. With gripping recession and a mounting call for protectionism posing serious domestic problems in the US, they
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    • 210 2 PRESIDENT George Bush was believed to be upset with his press officials for leaking word to American journalists travelling with him about the relocation in Singapore of Command Task Force 73 of the US Seventh Fleet. Sources told BT the original plan was for Mr
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    • 343 2  -  US President George Bush's visit to Singapore. Reports by Salil Tripathi and Shoeb Kagda Salil Tripathi,Shoeb Kagda WITH ONE EYE on helping US businesses that are world leaders in pollution control equipment and the other on presidential elections back home, President George Bush
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    • 504 2 Back in 1982 HE LOOKED more radiant than in pictures. As he stepped out of his six-door sedan, mean-looking security officers took up positions. US President George Bush told President Wee Kim Wee at the Istana last Saturday that he remembered living in a little
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  • Page 2 Advertisements
    • 193 2 BIG IN POWER, PERFORMANCE RELIABILITY For centuries, the elephant has been known for its superior standard of reliability and safety. trained mechanics and equipped with a computerised strength and reliability in performing heavy lifting and One of the region's besteelling forklifts, the Toyota inventory system, all of which will serve
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  • COMPANY NEWS 1
    • 1537 3 Six newcomers to Top 100 list of companies MBT KUALA LUMPUR Thir-ty-three Malaysian companies listed on the Kuala Lumpur Stock Exchange (KLSE) made it to the elite billion-ringgit club when the stock market closed on Dec 31, 1991. This compares
      MBT  -  1,537 words
    • 321 3  -  From Florence Chong in SYDNEY GARUDA AIRWAYS, Indonesia's flag carrier, has confirmed that it is considering investing in Compass, Australia's newest airline, grounded last month. The airline's Australian general manager, Barry Mayo, told the Sun Herald newspaper that the airline had received a
      321 words
    • COMPANY BRIEFS
      • 95 3 KUALA LUMPUR Mancon Bhd, a civil engineering firm which is to be listed on the second board of the KLSE in February, plans to acquire a quarry in Johor to add to its existing quarry in Kulai, which meets the needs for pre-mix
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      • 72 3 KUALA LUMPUR Syarikat Permodalan Kebangsaan has appointed Mohd Tahir Abdul Rahim as its new chairman, replacing Abdullah Ahmad, whose contract expired on Dec 31, 1991. Mr Tahir's appointment is a non-execu-tive one. Mr Tahir also told reporters last Friday that the company had appointed Arab-Malaysian Merchant Bank
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      • 60 3 KUALA LUMPUR Kompas Insurans Bhd, formerly known as KSM Insuran Bhd, has projected an after-tax profit of MSI.S million (S$885,000) for the year ending March 31, 1992. The company recorded an after-tax profit of M 51.71 million for the 15 months ended March 31, 1991. Kompas
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      • 66 3 KUALA LUMPUR TA Enterprise Bhd has recorded a 6 per cent rise in group pre-tax profit to M 542.48 million (5525.1 million) for the year ended Oct 31, 1991, compared with Ms4o million in the previous corresponding period. Turnover increased to M 595.82 million compared
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    • 351 3 MBT KUALA LUMPUR Lim Kim Hai Holdings (LKHH), the first company to be listed on the Kuala Lumpur Stock Exchange, submitted an application to the Capital Issues Committee on Dec 26 for a transfer to the Main Board. LKHH
      MBT  -  351 words
    • 301 4 Reuter BEIJING Turnover on the Shanghai securities market, communist China's main experiment with capitaliststyle reforms, hit 11 billion yuan (553.29 billion) in 1991 about three times the total of the previous five years, an official report said on Saturday. The official Shanghai Securities Exchange accounted
      Reuter  -  301 words
    • 209 4 HONGKONG China International Trust and Investment Corp Hongkong will inject its 20 per cent stake in Hongkong Telecommunications into Citic Pacific only if the transfer does not dilute Citic Pacific's asset value and earnings, the South China Morning Post reported on
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    • 369 4 Asian Business HONGKONG New opportunities opened to Hongkong's telecommunications and electrical products maker Team Concepts Holdings after it was admitted to the folds of the colony's largest electronics group, Semi-Tech. In July last year, a SemiTech subsidiary Grande Holdings, a supplier of
      Asian Business  -  369 words
    • 458 4 BANGKOK Banking, finance, construction, commerce and property development were named the most popular stocks among foreign investors last year, because of their strong fundamentals and high returns on investment, The Nation reported. According to several leading stock brokers handling large foreign accounts, their customers
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    • COMPANY BRIEFS
      • 84 4 HONGKONG A Chinese state-run electronics company signed a lease last Friday to build a micro-chip plant in Hongkong worth US$32O million (*****.8 million). The lease will allow China's Shenzhen Electronics Group and other unnamed investors to finance the largest microchip plant in the
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      • 76 4 HONGKONG The 1992 flotation production line has started with footwear manufacturer Silver Eagle Holdings planning to raise US$75 million (SSI22 million) before expenses. Originally lined up for December, US threats to impose harsh tariffs on China-manufactured goods led the company to delay the float for
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      • 77 4 BANGKOK Shinawatra Computer and Communications is negotiating with the United Communications Co and the International Engineering Co to form a consortium to bid for the one million phone line project of the Telephone Organisation of Thailand, Shinawatra president Thaksin Shinawatra said last week. He said talks
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      • 89 4 BANGKOK The Birla Group, India's major industrial concern, has proposed a 500-million-baht project to produce ethylene glycol (EG), a petrochemical material used to produce polyester, in Thailand. But the scheme, with a proposed annual production capacity of 50,000-60,000 tones, ran into a major problem before
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    • 488 5 Agencies NEW YORK Seaman Furniture Co, the largest furniture retailer in the reces-sion-battered north-eastern United States and a product of the 1980s buyout boom, sought bankruptcy-court protection on Friday and closed more than one-third of its stores. The Chapter 11 filing marked a new
      Agencies  -  488 words
    • 201 5 Reuter P ARAM US, New Jersey Giving some glow amidst dis"mal figures among other retailers, Toys 'R' Us Inc said its US comparable toy store sales rose 7.9 per cent for the eight-week Christmas season ended Dec 28, and were up
      Reuter  -  201 words
    • 378 5 Agencies NEW YORK A US bankruptcy court judge tentatively approved a plan on Friday for moving ahead with the Maxwell Communication Corp pic bankruptcy case under both US and British laws. The British administrators in the case said the plan effectively strips the
      Agencies  -  378 words
    • 182 5 AP WASHINGTON Unionised employees of United Press International have approved contract givebacks aimed at easing the company's financial troubles, the news service said on Friday. UPI editor Al Rossiter said the company was notified by the Wire Service Guild that the contract changes were
      AP  -  182 words
    • COMPANY BRIEFS
      • 104 5 TACOMA, Washington Weyerhaeuser Co has said that it lost about US$l72 million (Ss2Bo million) in 1991 and will shut down up to four mills in the coming months. The loss is the timber company's first since it began reporting financial results
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      • 106 5 NEW YORK Memorex Telex, a debt-laden computer company, said on Friday that creditors had voted for its pre-packaged reorganisation plan and it would file the plan soon in court. Memorex Telex previously announced it had reached an agreement in principle with holders of a majority of
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      • 117 5 LISBON The Portuguese Cabinet on Friday approved plans to privatise 51 per cent of Petroleos de Portugal SA (Petrogal), the country's largest company and its only oil refiner, an official spokesman said. The sell-ofT would take place in two stages, with 25 per cent
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      • 85 5 SYRACUSE, Sicily Detained Italian financier Giancarlo Parretti began a hunger strike on Friday after a judge rejected a plea for his freedom, his lawyer said. The judge turned down a request by Parretti, arrested a week ago on charges of suspected tax evasion, for the revocation
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    • 300 5 Reuter LONDON Grand Metropolitan pic has consolidated its position as the world's largest wines and spirits company by agreeing to buy the rest of Italian drinks firm Cinzano. Grand Met did not disclose the price of the purchase on Friday,
      Reuter  -  300 words
  • Page 3 Advertisements
    • 140 3 1 Kg OVER 600 INTERNATIONAL GIFT, HOUSEWARE PREMIUM SUPPLIERS ALL UNDER ONE ROOF HONG KONG GIFTS HOUSEWARE FAIR '92 Held concurrently with HONG KONG PREMIUM SHOW '92 April 13-16.1992. »i|m -I-f' *I j Hong Kong Conv©otion ond Exhibition C©ntre. An incredible range of the latest gift ideas, household and premium
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  • Page 4 Advertisements
    • 445 4 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3688 Singapore Telecom is preparing for privatisation. Our aim is to position ourselves for competition both locally and internationally. We want to continue to be an effective and market-driven organisation. Privatisation is another process to take us into the "next lap",
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  • Page 5 Advertisements
    • 68 5 Pr^^' ,ji if iini t ua^^tms& -*>.* -^slv' Pirelli tyres push the performance of almost every make and model of car. So why don't more people use them? Chicken. I -I AVALABLE AS OF*K3«MAL EQUPMENT TYRES ON ALFA ROMEQ AUDI. HMW F F RHARI t*)f*)A JAGUAR. L AMBOF4GHINI. LANCIA. MA/DA.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 87 6 LONDON Yamaichi International (Europe) Ltd said it wiU begin making markets in a range of corporate and sovereign ECU bonds from Jan 6. "We expect more issues to come as the ECU is going to be one of the big currencies of the future,"
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      • 97 6 HANOI The Industrial and Commercial Bank of Vietnam has begun selling certificates of deposit (CDs) in an effort to soak up much-needed cash being held by Vietnamese, the Nhan Dan newspaper said on Saturday. Sold in denominations of 100,000 dong (Ssl3), 200,000, 500,000 and one million
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      • 105 6 WASHINGTON The US Securities and Exchange Commission voted to approve rules requiring brokerages and banks that hold mutual funds on behalf of an investor to pass on proxy materials to the actual owner of the shares. The agency's commissioners approved the measure by a
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      • 64 6 WASHINGTON Two US senators proposed that the Treasury should shift immediately towards shorter maturities at future auctions of government securities. Joint Economic Committee chairman Paul Sarbanes and Budget Committee chairman Jim Sasser said, '"the Federal Reserve should increase its holdings of long-term securities. This will reduce
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      • 42 6 WASHINGTON The US Treasury said it would auction US$l2.5 billion of 52-week bills on Jan 9. The sale will raise about US$7OO million of new cash for the Treasury since US$ll,BO3 billion of bills are maturing.
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      • 35 6 LISBON Finantia-Sociedade de Investimentos SA won a six-month takeover battle for Portugal's largest leasing company, Sofinloc-Sociedade Financeira de Locacao SA, buying 76.28 per cent of its shares for 10.6 billion escudos.
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    • 563 6 Mutual funds in biotech, health firms post healthy gains Reuter NEW YORK United States stock mutual funds that targeted health and biotechnology companies were the strongest gainers in the fourth quarter and all of 1991, continuing a surge that began in early 1990. The funds gained
      Reuter  -  563 words
    • 539 6 The BCCI wind-up Reuter, FT LUXEMBOURG The Luxembourg district court has ordered the liquidation of Luxembourg-based Bank of Credit and Commerce International, setting in motion the wind-up of BCCI branches around the world. The judgment affects BCCI's subsidiaries, which include several branches in Britain,
      Reuter,; FT  -  539 words
    • 359 6 South China Morning Post HONGKONG The proposed takeover of the Blank of Credit and Commerce Hongkong (BCC) has moved a step closer following a general agreement on the terms of guarantee to be provided by the majority shareholders. Under the new accord,
      South China Morning Post  -  359 words
    • 286 6 AP WASHINGTON Two US senators urged on Friday the calling of an international emergency meeting to push interest rates lower. Sen Paul Sarbanes, chairman of the Joint Economic Committee, and Sen Jim Sasser, chairman of the Budget Committee, said the meeting
      AP  -  286 words
    • 401 6 JAKARTA Indonesian Finance Minister J B Sumarlin has called on commercial banks to manage their funds carefully in spite of the cut in the central bank's discount rates. Speaking to reporters last Friday, he said that the cut in Bank Indonesia's discount rates
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    • 256 6  -  Kooi Cho Teng SINGAPORE The Bank of Hawaii open aa offshore branch here today, eight months after it was awarded the licence. The local office will abo be the regional office for South-east Asia, China and India. General annnger Ebon Ng said
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    • 477 6 MARKET TALK Situation fuels rumours of mergers, acquisitions Asahi News Service TOKYO Japan's banking industry is likely to face a major shakeup this year as the Finance Ministry moves forward with long-term plans to restructure the counties financial markets, including moves that would
      Asahi News Service  -  477 words
  • Page 6 Advertisements
    • 78 6 Unclog your cash. Is your business caught in a tight cash-flow situation? Bring us your invoices and we'll give you immediate cash advances. Finance Limited l_ et Keppel Finance and Keppel Factors Keppel Factors Pte Ltd ease your cash flow Km IB (Members of the Keppel Group) Head Office: 15
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  • THE REGION
    • 440 7 BANGKOK Myanmar is likely to receive the largest slice of Thai farm aid notwithstanding international efforts to isolate the country because of its notorious human rights record. The Bangkok-based The Nation said on Friday that the proposed assistance for Myanmar was
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    • 574 7 Bush's trip to Asia Reuter SEOUL United States President George Bush and South Korean President Roh Tae Woo have a lot in common. Both face elections in 1992. Both scored political coups in 1991, Mr Bush with the Gulf War and Mr Roh by establishing
      Reuter  -  574 words
    • 397 7 NYT WASHINGTON Seven months ago, the Bush Administration was on the brink of a deal with Manila to extend by seven years its lease on two huge military bases in the Philippines. Yesterday, the United States military was packing up ships,
      NYT  -  397 words
    • NOTE BOOK
      • 92 7 HANOI Visiting US Congressman Stephen Solarz has said 1 the United States might lift its trade embargo against Vietnam v this year. He said on Friday that the move was likely if Hanoi continued to promote the Cambodian peace agreement and resolve the
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      • 64 7 MANILA The Philippines' gross national product (GNP)' 1 will post growth of 2.5 to 3 per cent in 1992. Economic Planning Secretary Cayetano Paderanga said yesterday that economic growth was likely from increased consumer spend-' 1 ing and foreign investment. Other economists have said inll- spending because
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      • 69 7 LONDON The commander of Britain's forces in the Gulf v War, General Sir Peter de la Billiere, could become governor J of Hongkong after Sir David Wilson retires in April. The Sunday Telegraph said yesterday that the general's name was the latest to be raised in Whitehall
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      • 86 7 > I BANGKOK Former finance minister Pramual Sabhavasu has been found guilty of corruption and had US$3.O4 million> worth of assets seized. The state-run Thai News Agency r, yesterday quoted investigation committee chief Sitthi Jirarote as saying that Pramual, as finance minister from August 1988to February 1991,
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  • Page 7 Advertisements
    • 268 7 A COMMANDING PERFORMANCE THAT'S CLEARLY MINDFUL OF THE ENVIRONMENT. The new XJ6 3.2 is first and foremost a technology has refined its 6-cylinder engine to near seat belts. Central locking, electric windows and A final thoughtful touch of a marque whose driver's car. A rare blend of racing experience, silent
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  • Page 8 Advertisements
    • 90 8 ih Bank of Hawaii "THE BANK OF THE PACIFIC" Now Opens Their Singapore Branch mi/Km At 4 Shenton Way, #19-01 Shing Kwan House, Singapore 0106. expanding in the Asia-Pacific Rim. ELECTRONICS JOO SMN HARDWARE PTE LTD |H ftfrfe. DALIN INVESTMENTS LTD LAM SOON OIL SOAP MFG. HONG KONG (S) PTE
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  • Page 9 Advertisements
    • 99 9 Bank of Hawaii "THE BANK OF THE PACIFIC" Now Opens Their Singapore Branch W At 4 Shenton Way, #19-01 Shing Kwan House, Singapore 0106. expanding in the Asia-Pacific Rim. ng nam bee (i&e) (/jcrAC^l PTE LTD SZE HAK HENG (PTE) LTD J $0. SAN LIM MACHINERY TELESONIC SINGAPORE PTE LTD
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  • Page 10 Advertisements
    • 102 10 tih Bank of Hawaii 'THE BANK OF THE PACIFIC" Now Opens Their Singapore Branch At 4 Shenton Way, #19-01 Shing Kwan House, Singapore 0106. expanding in the Asia-Pacific Rim. @nr m SING INVESTMENT HOLDINGS PTE LTD SING TSU FANG PTE LTD SING MUIHENG (PTE) LTD SING MDI HENG (HK) LTD
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  • THE WORLD
    • 483 11 Western creditor nations confirm earlier accord Reuter PARIS Western creditor nations have agreed to give the republics of the former Soviet Union breathing space to repay loans totalling US$3.2 billion (555.2 billion), the French Finance Ministry has announced. The agreement by 17
      Reuter  -  483 words
    • 397 11 NYT WASHINGTON In his budget request to Congress later this month, US President George Bush intends to propose tax credits to help people buy health insurance, further cuts in military spending and major new curbs on the payment of government benefits to
      NYT  -  397 words
    • 362 11 UPI BEIJING China yesterday accused the US of making excessive and unfair demands in a bitter dispute over piracy of US products in China, saying "just a little" American sincerity could bring an Uth-hour resolution. Beijing's chief negotiator, Vice-Minister of Foreign Trade
      UPI  -  362 words
    • 255 11 AFP BEIJING Japanese Foreign Minister Michio Watanabe toured the Chinese capital's historic sites yesterday after agreeing with his hosts to look to the future and avoid confronting past embarrassments. Mr Watanabe agreed that Japan would host Chinese Communist Party leader
      AFP  -  255 words
    • WORLD WATCH
      • 93 11 BEIJING China, which has always maintained tight controls over foreign exchange, will start state audits of Sinoforeign joint ventures to guard against "squandering" of capital, an official newspaper said. The State Auditing Administration would probe the books of 30 laige joint ventures
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      • 106 11 NEW YORK Only 36 per cent of Americans surveyed by a Time/CNN poll think US economic conditions will get better in the next 12 months, the newsmagazine reports in its latest edition. The same percentage felt the economy would be unchanged, while 25 per cent thought
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      • 69 11 KUWAIT The US will ask several Arab oil-exporting countries whether they are interested in providing crude for its Strategic Petroleum Reserve (SPR). Visiting US Deputy Energy Secretary Henson Moore said last Saturday that he would raise the issue in talks with Saudi Oil Minister
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      • 95 11 SEOUL North Korea will sign a nuclear safeguard accord this week and South Korea will reciprocate by scrapping this year's military exercises with the US, it was reported here yesterday. The mass-circulation Joong-Ang Daily News quoted a government source as saying North Korea had recently
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      • 96 11 WASHINGTON The US$lO billion (5516.3 billion) of loan guarantees Israel has requested from the US may be provided only under the most stringent conditions if at all, say analysts. US President George Bush has to decide sometime this month whether to agree to Israel's request
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      • 64 11 ZAGREB Sporadic clashes yesterday marred a ceasefWe brokered by the United Nations in Yugoslavia and soldiers in the field expressed doubts that it would last. Croatian and Serbian media reported various violations of the truce, designed to pave the way for the United Nations to send
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  • Page 11 Advertisements
    • 51 11 Jh Bank of Hawaii "THE BANK OF THE PACIFIC" Now Opens Iheir Singapore Branch WjAt 4 Shenton Way, #19-01 Shing Kwan House, Singapore 0106. ■aSMreL. yj/Mm expanding in the Asia-Pacific Rim. lfs|C^!b*H<r6'*x The Board of Directors Management of 9H FIRST BANGKOK CITY BANK LTO I I BANGKOK I A A
      51 words
    • 68 11 jh Bank of Hawaii "THE BANK OF THE PACIFIC" Now Opens Their Singapore Branch At 4 Shenton Way, #19-01 Shing Kwan House, Singapore 0106. ifllMjßr* expanding in the Asia-Pacific Rim. TAT LEE BANK LTD SINGAPORE j BANKOF ASIA LTD BANGKOK |J SIAM CITY BANK LTD- BANGKOK J ■L L y<9«
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  • ANALYSIS
    • 1520 12  -  In the aftermath of the E Timor shooting incident, Australia served notice that the time has come for it to rethink its relationship with S-E Asia. Tye Kim Khiat examines the whys and wherefores of the new tilt in Canberra's foreign policy Tye Kim Khiat
      1,520 words
    • 1074 12  -  Sylvia Nasar examines a shake-up in a sector which employed almost four out of five workers in the 1980s Sylvia Nasar NYT FOR decades, banks, fast-food restaurants, hospitals, law firms, retail chains and governments the so-called service sector have been the engine that
      NYT; Source: US Bureau of Labor Statistics  -  1,074 words
  • Page 12 Advertisements
    • 64 12 Congratulations and Best Wishes to Bank of Hawaii (THE BANK OF THE PACIFIC) for the opening of their Singapore Branch V. '77/ A Symbolic Technologies Private Limited 5 Pereira Road #06-01/02 Asiawide Industrial Building Singapore 1336 Tel: 285 7588 Fax: 285 5311 SymLink: 285 5611 Apple Link: FEAOOOI Tlx: R*****6
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  • Page 12 Miscellaneous
    • 79 12 DOONESBURY BY g**™ trudeau kJHATORE YOU I CAN DO ABOUT THREE II IILSAY TmJsaT cora&e bucks here! the I hmoers/whour. tmno goopluck frahku, •:fgSfSB INDUSM COMRWFWS I MATHUJHIZ.EUTIFIGURE Hj2£/ TPOVT *tJM&nnK 13.50 FfRUNfT I IF 1 WORK FOUR. HOURS A f KNOW WHY IV OF24A9SemW I PW.ISHOULPO&RABOUT IWTHBREP SAAX ASSEMBLING
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  • ENTERPRISE & MANAGEMENT 1
    • 1343 13  -  Chan Brothers Travel is making ambitious moves in facing the '90s, reports Chuang Peck Ming SINGAPORE'S Chuang Peck Ming CHAN Brothers Travel is at a crossroads. It has reached a point where professional managers should take over more of the running of the business from the owners.
      1,343 words
    • 861 14  -  Norman Wright discusses a management consultancy's pivotal role in helping forge international joint ventures Norman Wright The writer is a partner of management consultancy Egon Zehnder International More and more Singapore companies are investing money in joint venture projects. What goes into linking the right partners
      861 words
    • 779 14  -  Paul Taylor reviews the video training market Paul Taylor FT Have you ever sneaked off in the middle of the afternoon to watch the triple bill, Birds, Booze and Fags? These six-minute videos are proving popular among managers in Britain. But there is
      FT; Punch  -  779 words
  • Page 13 Advertisements

  • Page 14 Advertisements
    • 107 14 jr ~^jd^tf^^Qjfai^Kr MAKING I HAPPEN i SINGAPORE Wc help hundreds of thousands ot Singaporeans ever\ da\ c\enthoughthc\ ina\ nc\or see (»r uso our products directl\. V\c do this b\ developing solutions that work. *v- 7 r vI .iyaygyr Sincc 1971. wc have been helping businesses m i v< ,v t
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  • SPORTS
    • 492 15 Reuter RALEIGH, North Carolina Six-time Olympic champion Carl Lewis has set some world record goals for himself in 1992, but says that 1993 may be his last year of competition. The 30-year-old track star said on Saturday that the Barcelona games would be his
      Reuter  -  492 words
    • 299 15 AFP SYDNEY Michael Stich has gone from the hunter to the hunted since launching his meteoric ascent to tennis stardom in Australia a year ago. The 23-year-old German was runner-up in Adelaide and Sydney and within six months was Wimbledon champion, catapulted from 44 to
      AFP  -  299 words
    • 239 15 AP NEW YORK Inaugural women's Olympic marathon winner Joan Benoit Samuelson will not try for a place in this year's US marathon team. Instead, she will seek a spot in the 10,000-metre team. "What I did in 1984 can never be duplicated," Samuelson said
      AP  -  239 words
    • SIDE LINES
      • 140 15 YAOUNDE, Cameroon Finland's Ari Vatanen claimed a second consecutive stage victory for Citroen on Saturday as the Paris-Cape Town rally plunged into deep equatorial forest for the first time. Bjorn Waldegard of Sweden came second in another Citroen while Japan's Kenjiro Shinozuka led home
        140 words
      • 98 15 KRANJSKA GORA, Yugoslavia Unheralded Sergio Bergamelli of Italy won the new year's first World Cup ski race on Saturday, outpacing favourite Alberto Tomba and other veterans in a giant slalom event. Bergamelli, 21, already looked unbeatable after a first run of 1 minute 09.15 seconds, but managed
        98 words
      • 68 15 MADRID Second-place Atletico Madrid got goals from Juan Vizcaino and Manual "Manolo" Sanchez and turned the Spanish first division into a race again with a 2-0 victory on Saturday over league-leading Real Madrid in the game local soccer fans call the Derby. The league loss was Real
        68 words
      • 57 15 FRIMLEY GREEN, England Hotshot Bob Anderson produced a 161 finish to put himself in line for a £1,500 prize for the highest check-out at the Embassy World Darts Championship here on Saturday. Fifth seed Anderson, the 1988 winner from Swindon, beat Lancashire's Ronnie Baxter 3-1 including a
        57 words
      • 85 15 BOURNEMOUTH, England English snooker hero Steve Davis reached the quarter-finals of the Mercantile Credit Classic on Saturday, but the 5-1 scoreline did no justice to Welsh champion Darren Morgan. Davis, the six-times world and UK champion, had to come from behind in four of the first five frames
        85 words
      • 61 15 MALLUSK, Northern Ireland Kenya's Ondoro Osoro pulled away early on Saturday to beat two countrymen in winning the 8-km Cross Country Challenge organised by the International Amateur Athletic Federation by 10 seconds. Osoro finished in 22 minutes, 37 seconds, ahead of James Kariuki Kamal and Dominic Karui, who
        61 words
  • Page 15 Advertisements
    • 162 15 *«rv 4r '^^^SIhMBI^B^B m *^P^SH ■M —zsrr?#f _3 .I?' SSMH IMI ML* r^^Hl I L>ll r« _I HH I SAW. I saw a car with a 3-litre V 6 DOHC,24-valve electronically the driving seat to the preferred driving position by a ABS braking, four wheel steering and electronically controlled managed
      162 words

  • Page 16 Advertisements
    • 204 16 There's something to be said about the behaviour payment is most certainly ■■■■■■■■I warmly-welcomed cards aroun of most Singaporeans. 'charge' in nature. introducing t h, In over 9 million estab first personal Especially with respect to the way they Which is why if you out 190 countriesyg»??£r| MasterCard/VISA If" j?
      204 words

  • Page 17 Advertisements
    • 903 17 cards traducing the |f| OVCr th TOUgh" out 190 countries around-the-world, their unhesitating and unconditional acceptance har g e Cards telling reflection of the recognition and trust we m^^mtm^mmmmm^m^mmm^^mma^mam accord our fiscally-mature cardholders. ACCEPT NO LimilS large Card. So, you still enjoy financial convenience. spending limits Travelling? No problemo. BUT
      903 words

  • Page 18 Advertisements
    • 987 18 fegj Nothing where to wine, dine OF TANTAUSING TREATS Don't miss our weekly specials in Tien Court. 2/12 8/12 Double Boiled Superior Shark's Fin $22.00 9/12 —15/12: Steamed Sultan Fish $4.00 per 100 gm. 16/12—22/12: Braised Whole Abalone $12.00 23/12 29/12: SmaM Lobsters cooked the way you them! $5.00 per
      987 words
  • Page 18 Miscellaneous
    • 593 18 TELEVISION AND RADIO 11 1 "car 19 745 NewsiMi 4.48 Kojak (Cont'd). BUSINESS ON RADIO It/\n 8.15 Opening of the Bth 5.30 Saber Rider And The Star I \A (1 IV II t*W Parliament (L). Sheriff. BBC, 88.9 mHz in VHF Band II Y HvO 7.30 AM CNN International (L).
      593 words

  • THE ARTS
    • 1151 19  -  Can't tell the difference between Cosi and Carmen? Mark McCrum presents a guide to conning 'em at Covent Garden and lying at La Scala Mark McCrum Punch OPERA. The very word seems to have an elitist ring, doesn't it? Conjuring up visions of smoked salmon
      Punch  -  1,151 words
    • 462 19 Punch (1) The trendiest orchestra around. In order to be "authentic" they play on catgut without chin rests and don't use spikes on their cellos. They wear sandals and do tai chi in the interval. The traditionalists hate them and make snide remarks about "lentil eaters". (2) Real opera
      Punch  -  462 words
    • 608 19  -  Tenor Wu Yan Ze of China may be 51 but his voice sounds like that of a man half his age, observes Chin Lian Khion Chin Lian Khion Night in the Grassland: Folk and Art Songs Wu Yan Ze (tenor) Lin Xi Lin (piano) Marco Polo
      608 words
  • Page 19 Advertisements
    • 192 19 Businessman Lunch Buffet Enjoy a sumptous appetiser and dessert spread with a choice of one main course. In the relaxing ambience of a hunter's lodge. Monday to Friday. 12 noon to 2.30 pm $33.00+ per person. ANA H( For reservations, please call 732-1222 ext 1582/97. L ANA HOTEL SINGAPORE 16
      192 words
    • 128 19 ~|VK W f^ -1 m II Classical Japanese Food Prepared in The True Kaiseki Style Complete «t Lunch from $18.00+ Sushi Set Lunch from $18.00+ Tempura Chawanmushi Set Lunch at $20.00+ Yon Don't Hmm To Be A Membtr to En& FtmDimng Nishiki Restaurant Marina Bay Golf Country Club 6 Marina
      128 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4607 20  -  Macroeconomic picture getting better, say analysts By Salil Tripathi IN THE WEEK of holiday spirit, Singapore's stock market could not have done any better than what it did. Analysts and brokers, who watch the movements of the Straits Times Industrials Index like seismologists looking at
      4,607 words


  • 3505 22 Leader U 402 +26 +6.9% MISC Foreign 490 +16 +3.4% Gen tings 50* 680 +15 2.3% Kian Joo 50* 372 +12 +3.3% Oriental Hldgs 515 +10 +2.0% Palmco Hldgs 148 +10 +7.2% Rothmans M 50* 820 +10 +1.2% M Cement 50« 232 +7 +3.1% PMRI
    3,505 words
  • Page 22 Advertisements
    • 52 22 Would you stay glued |9R lO the TV for Showtime reporter four-and-a-half hours? loTien Yin Just to watch /frTJ .MF J did and does a i e_ M w fast forward review. the Red and White Jijf song contest shown yesterday? wF\Wzk JS jl« .1. Til FROM LUNCH TIME. MONDAY
      52 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5004 23 NST THE listless trading on the Kuala Lumpur stock market last week failed to provide any signs of the much talkedabout rally towards the Lunar New Year. Share prices were selectively higher during the early part of the week, which
      NST  -  5,004 words

  • BT SHARE INFORMATION SERVICE
    • 316 24 Cfcaipany Date Year Group Net Net earnings Grass »nn to profit/loss (L) par share dividend (000) (cants) SPH Dec 24 Aug 91 J153.802(J133.374) 626(54 3) 25(30) Ind Oxygen Oec 14 Jun 91 M$21.269($16.754) 4.7(6) 5(4 5a) Seal Inc Oec 13 Jun 91 M$648($8,476) 1.4(21.2) 2TE(6TE) lum Chang Oec
      316 words
    • 154 24 Clip—y Date Yaar Groap pra-tax Nat aaraings Cross mm te praflt/lass (L) par share divMaad 1 C000) (cants) <KL Kepong Dec 27 Sep 91 M$85.468(J84.804) 15.3(14 8) 15(15) Can Dec 24 Sep 91 $138($l,387l) 0.2(-) jj Van Der Hont Dec 24 Sep 91 S2.960($2.800) 4.7(4.2) 1(1) t Wearnes
      154 words
    • 543 24 INTERIM RESULTS €tm§my Date Half-year Group pre-tax Interim am to prafft/las> (L) dividend T folytek Dec 31 Sep 91 $4891 ($1,958) Sateras Res Dec 31 Sep 91 M$2,023($462t) 'WCB Dec 30 Sep 91 M$5.255($4.861) 254 Dredge Dec 30 Sep 91 ll$2,391($579e) .Ipatex Dec 27 Sep 91 M$3,270l($2.615l) W.IH
      543 words
    • 844 24 Jan 2 Pertama Holdings the electrical and electronics goods retailer, is making a public offering of 10 million new 25-cent shares at 45-cents each. An internal restructuring of Wharf Holdings and World International groups has resulted in the former paying HKSI.I billion for two of World's properties. Jan
      844 words
    • 1618 24 i Tram Ragistarod Sobataattal Bay/ No. o4 Amount Shareholding > Stock Data HoMor SkarafcoMor/Diractor Soil skaroa Boforo Aftor F&N 02/01/92 Oversea-Chinese Banking Corpn Ltd B 3.000 26.436 000 42,002.720 23.81 42.005.720 23.81 J FAN 31/12/91 Oversea-Chinese Banking Corpn I Ltd B 11.000 96,541 000 41,991.720 23 80
      1,618 words
    • 605 24 Current Ex Baefcs Date Mlor Total far paymaat data ctosa payable the yaar last year «S8 50c 12Vb) Dec 30 Jan 14 Jan 21 12* 10% Amal Steel 50c 10% Dec 9 Dec 23 Jan 20 20% 20% Ah Pacific 18%N Jan 9 Jan 21 Jan 29 28%N
      605 words
    • 194 24 Main Board Last Full Yaar Company Ptnod Date Tnr Nit EPS Grow Nat wwitid nki| (ants) 4v prait last year (TWO) EMS fnt Nov 6 M 91 30TE 17.87®. Isetw Interim Dec 28 Mar 92 30 7 100 10.140 Cantrapoait Interim lan 25 Jun 92 5.0 5 8
      194 words
    • 176 24 Company Rights Issue Am Px Land Four tor-seven MSO 50 per stare Ex-date lan 3 Books dose Jan 17 Acceptance Payment: NYA City Dev Renounceable rights issue on the basis of one-tor ten g $2 85 per share Ex-date Dec 9 Books dose Dec 19 Acceptance Payment tan
      176 words
    • 491 24 Company Rights Issue Utance Tedi One-torone $100 per share Barton Issue of $90 978m nomnafamount of 3.51 Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the bass of $2 normal amount of Bonds for ewry three existing shares held Every $2 nominal amount of Bonds
      491 words
    • 93 24 Jacks International Ltd: EGM at 11 Jalan Lembah Kallang, Singapore 1233, on Wednesday, Jan 8, at 11am. Juronf Cement Ltd: EGM at 2 Finlayson Green #03-08, Asia Insurance Building, Singapore 0104, on Thursday. Jan 9, at 11am. Metropiex Bhd: EGM at Sabah Room, Level 3, Putra World Trade
      93 words
    • 104 24 Conversion Special Trdg Scriptess Conversion deadline Period trading Company starts (IDP) (ST) starts City Dev Dec 26 Jan 16 Jan 6 Jan 16 Jan 17 H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTP Hldgs Sep 16 Oct 10 Sep 30 Oct 10 Oct
      104 words
    • 204 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hi* 1234.86 (3/1/92) 1992 htfc 1480.89 (3/1/92) 1992 Inr 1232.84 (2/1/92) 1992 1mr. 1479.35 (2/1/92) 1991 to* 1333 06 (3/6/91) 1991 hi* 1565 58 (3/6/91) 1991 Inr 1022.52 (16/1/91) 1991 Inr. 1149 08 (16/1/91) 1990 hi* 1435.43 (16/7/90) 1990 htft
      204 words
    • 363 24 In local curr In S$ In USS S d> S >t dy yr S dy yr Dec 31 lade* chgt chgt ihgt- cchge chgt World 409.0 0.8 14.2 0.2 8.1 0.8 16.0 tEAFE 501.9 0.7 6.8 0.3 2.6 1.0 10.1 Europe 410.8 1.3 12.7 0.5
      363 words

  • MARKET REVIEWS
    • 347 25 AFP. BUOYED by lower interest rates and hopes for an upturn in the American economy, the blue chip Dow Jones index rang out the old year and welcomed the new last week with four record highs. The Dow Jones index of 30 leading
      AFP.  -  347 words
    • 703 25 ON THE BACK of the strong performance of the American market, the Hang Seng Index closed the week at a new record of 4,307 points. Local banks registered impressive gains. January traditionally is the month when the banking sector outperforms. BEA will
      703 words
    • ASIAN MARKETS ROUNDUP
      • Article, Illustration
        234 25 EXPECTATIONS of an interest rate cut and rises on Wall Street boosted the Australian share market last week, brokers said. The market indicator, the All Ordinaries Index, rose 65 points or 4 per cent from last week's finish to end at 1,659.9. Brokers said the sharp rise reflected dramatic
        234 words
      • Article, Illustration
        85 25 THE Stock Exchange of Thailand index on Friday rose 9.21 points over the previous week to close at 711.81. Average daily turnover by volume during the course of the holiday-shortened threeday week was 26.518 million shares, down on the previous week's average 35.261 million shares. The average value of
        85 words
      • Article, Illustration
        122 25 SHARES on South Korea's bourse surged last week as the opening of the market to direct foreign investment increased optimism. On Saturday, the broadbased Composite Price Index rose another 26.08 points to close at 650.31. Turnover was heavy, with more than 17 million shares changing hands during the half-day
        122 words
      • Article, Illustration
        197 25 PHILIPPINE stock markets rebounded last week with heavy buying in the oil sector prompted by plans for offshore exploration and general optimism about the year ahead, spokesmen said. The composite index at the Manila Stock Exchange reached 1,221.6 points on Friday, up 6.1 per cent from 1,151.87 on E>ec
        197 words
      • Article, Illustration
        186 25 INDIAN stock exchanges started the New Year with a bang, with prices scaling record peaks. At one point in trading on Friday, the Bombay Stock Exchange sensitivity index reached the coveted 2,000point mark, touching 2,007.22 before closing the day at 1,996.50. In three days of trading last week, the
        186 words
    • 900 25  -  By Ray Heath THE TOASTS of the New Year's parties in the London stock market last week were Wall Street and the governor of the Bank of England. Despite being weighed down by carriages full of bears, the
      900 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • Dow breaches 3,200 level in heavy trade
      • Article, Illustration
        1371 26 STOCKS closed higher in heavy trading on Friday, ramming the Dow Jones Industrial Average through the 3,200point barrier for the first time in Wall Street's history, after overcoming a shaky start to the New Year. It marked the sixth straight time the Dow has set record highs, and
        1,371 words
      • 259 26 DUTCH shares shed most of earlier gains to end mixed with a firmer bias in moderate, professional-dominated trade. A firmer dollar and continued Wall Street strength on Friday support- Ed the market which was in lack of any other clear impulses. "People do not know very well where the
        259 words
      • 196 26 GERMAN shares lost most of their opening gains by the end of Friday's session as early enthusiasm again turned to caution. After briefly touching a six-week high shortly after the start, values drifted down and the 30-share DAX index ended at 1,603.62, up just 1.74 points on the day.
        196 words
      • 226 26 ANOTHER Wall Street rally and strong buying in a handful of blue chips helped pull the bourse to its highest close in six weeks on Friday. The market, which began the day on a firm note, really began to rise after the Dow rose to a record high in
        226 words
      • 185 26 ITALIAN shares closed little changed on Friday in extremely thin trading which was unlikely to top Thursday's weak 32 billion lire. Brokers said there was little imperative to enter the market with the long three-day weekend ahead and operators getting over the initial teething troubles of the new SIM
        185 words
      • Article, Illustration
        731 26 A BUOYANT start on Wall Street supported a climb by share prices on the London Stock Exchange at close Friday, ending a day of erratic movements. The blue-chip Financial Times 100share index, which fell 0.3 of a point on Thursday, rose 11.3 points to close at 2,504.1. The narrower
        731 words
      • 259 26 SWISS shares ended the first 1992 trading day at their day's highs on Friday, as the market took its lead from gains made on Thursday on the Frankfurt bourse and from Wall Street's strong showing on Dec 31, when the Zurich bourse was closed, brokers said. The All-Share SPI
        259 words
      • 127 26 PRICES on the Stockholm bourse closed broadly higher on Friday after a weak early session, although trading remained thin due to the holiday period, dealers said. The market is closed for Epiphany on Monday, and most institutional investors will return on Tuesday for the first time since Christmas. The
        127 words
      • 429 26 THE Johannesburg stock market closed mixed to firmer on Friday in persistently thin trading in the absence of many participants taking an extended NewYear break. Dealers said the market lacked any real stimulus and described volumes as generally light. Gold shares regained some lost ground as world gold prices
        429 words
      • 309 26 TORONTO stocks continued to trade stronger in light midday action on Friday. Traders and analysts said the market had no outstanding sectors but was generally firm. "There's nothing particularly exciting, but we have a slightly firmer tone," said Ivar Liepins, analyst with Moss Lawson and Co. "The bond market
        309 words
      • 201 26 INDICES TURNOVER Jan 3 Ctaae PlIlllW NEW YORK Dow Jones 3.201 48 3.172.41 +29.07 SAP 500 419.34 417.26 2.08 Turnover (million) 224.27 207.57 16.7 LONDON Financial Times >0 1,901.4 1.886.0 15.4 FTSE 100 2,504.1 2.492.8 11.3 Turnover (million) unav 452.7 -146 HMNKFURT DAX Index 1,603.62 1601.88 1.74 AMSTERDAM EOE Index
        201 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 419 27 NEW YORK NEW YORK The dollar was firmer on Friday against most major currencies, in trading that remained thin with Tokyo still closed for the New Year holiday and many players reluctant to trade in an illiquid market. Some short-covering of dollar positions
      419 words
    • 843 27 ASIAN CURRENCIES HONGKONG The yen rose to a 14-month high during the week on the back of concerns about the US economy while the Australian dollar sank to its lowest level for seven months because of poor economic fundamentals. 1 Other Asian currencies
      843 words
    • 387 27 Crass rates j.n4 USS SS MS Dm Yen SFr AS NZS USS 1.6295 2.7190 1.5435 124.60 0.5410 1.3745 1.3193 1.8536 SS 0.6137 1.6686 0.9472 76.4652 0.3320 0.8435 0.8096 1.1375 MS 0.3678 0.60 0.5677 45.8257 0.1990 0.5055 0.4852 0.6817 Dm 0.6479 1.0557 1.7616 80.73 0.3505 0.8905 0.8547 1.2009
      387 words
    • 520 27 Interbank rates S$ Bid Offer Overnight 3 1/4 3 1/2 1-month 2 5/8 2 3/4 2-month 2 11/16 2 13/16 3-fnonth 2 11/16 2 13/16 Overnight mode: 2 3/4 USt High Low 7 days 4 7/16 4 5/16 1 month 4 1/4 4 1/8 2 months 4 1/8
      520 words
    • 508 27 Market price of US dollar rate seen to stabilise under 200 roubles Reuter MOSCOW A minister in President Boris Yeltsin's government expects Russians to be able to buy and sell foreign currency by the end of the month, with one US dollar likely
      Reuter  -  508 words
    • 471 27 Reuter NEW YORK The Federal Reserve, in a delicate position of trying to revive the economy just enough for moderate growth, must tread a fine line on monetary policy in the coming weeks, economists said. Some analysts believe the Fed will ease credit another
      Reuter  -  471 words
    • 500 27 Reuter TORONTO Quebec's uncertain fate in Canada during 1992 is a wild card that could force interest rates up later this year to offset political risks, possibly tipping Canada's fragile economy back into recession, analysts say. Quebec plans to hold a referendum by October
      Reuter  -  500 words
    • 486 27 BANKS ABN Amro Bank NV 7% Allied Irish Bank PLC 8Vj American Express Bank 8 Arab Banking Corp 8 Arab Bank PLC 7% ANZ Banking Group 7Vi Ban Hin Lee Bank 8 Banca Commerciale 7% Banco do Brasil 8 Bangkok Bank 7% Bank Bumiputra 8V« Bank Negara
      486 words
    • 158 27 COMEX w counmwcsdoooz) uss/<», Open High Low Settle Change Jan 92 353.00 353.00 353.00 350.40 -1.70 Feb 354.00 354.70 351.40 351.50 -1.70 Mar 353.50 353.50 353.50 352.50 -1.70 Apr 356.30 357.00 353.50 353.70 -1.70, Jun 358.50 358.60 355.50 355.80 -1.70 Aug 360.70 360.40 358.00 357.90 -1.701 Oct 360.30
      158 words
  • Page 27 Advertisements

  • COMMODITIES
    • 452 28 Reuter DUBAI Saudi Arabia may have to cut oil output this year to achieve the US$lOO million a day oil revenue implied in its 1992 budget, Gulf industry sources said. "The Saudi budget translates into oil market prices within a
      Reuter  -  452 words
    • 286 28 AP LONDON The prospect of good demand from former member-states of the old Soviet Union should help to push grain and oil seed prices higher over the coming year, the Economist Intelligence Unit (EIU) said last week. "In other commodities, the acute
      AP  -  286 words
    • 868 28 REPORTS LONDON The New Year started on a cautious note on London commodity markets, which had a rather disastrous time in 1991 due to recession and oversupply. Traders stayed away from their desks over most of the Christmas and New Year period,
      868 words
  • 1140 28 Rubber MS hi Mi S cents/kg Int 1 RSS Close Dec 30 126.00 Dec 31 126.00 Closed 127.25 Jan 3 128.25 I 1 Mm) M cents/kg Int 1 RSS Close Dec 30 lupllMWwM Dec 31 IWMIETk Closed ny MMB LONDON (J«n 2) pence/V» Close Previous I RSS Feb 92
    1,140 words
  • Page 28 Advertisements
    • 763 28 BUSINESS TIMES rrv*Hinr<n^ Toll -(IMIMNo 737 -0043 Fax No: 734 -3000 In the Matter of me Companies Act. Cap. 50 LOKE'S MEDICAL HALL (PRIVATE) LIMITED (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and Held at 225 South Bridge
      763 words
    • 714 28 In the Matter of the Companies Act. Cap 50 KOK YONG TRADING PTE LTD (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at Block 4033 Ang Mo Kio Industrial Park 1 *01-84/86. Singapore 2056 on 30th December
      714 words
    • 7 28 Innovation Technology in Business Times on Tuesday
      7 words

  • THE TRAVEL PAGE
    • 1154 29 C»t» Hg ETA Hg> ETC MtMto SQ228 2040 SQ227 2130 *1— RJ182 1220 AaMtanlM SQ23 0700 KL842 2320 KL841 1340 Mkmu SQ36 2230 /Ucfcl** N225 1530 NZ28 1645 SQ388 2035 BA12 2155 Barnter Sari ***** 1105 SQ182 0915 Bagawan SQ181 1410 B1422 1205 B1429 2030 B1430
      1,154 words
    • 564 29  -  LETTER FROM YUKON By Jon Ferry Americans and Canadians in the far north are gearing up for a season of nostalgia to mark the 50th anniversary of the building of the Alaska Highway. More than 100 special events are planned along the 2,400 km
      564 words
    • 152 29 As at 3pm: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.22S6 1.2423 Canadian dollar 1.4017 1.4301 NZ dollar 0.8684 0.9035 Sterling pound 3.0277 3.0688 US dollar 1.6250 1.6320 Local dollars to 100 units of foreign currency Austrian schilling IS. 10 IS.4I
      152 words
    • 68 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Jan 12-19 Do-it-yourself Utrecht. Koninklijke *****55.911 Jan 14-18 International Valencia. Feria Muestra- ********** 1992 Trade Show Netherlands Nedeiiandse 1992 Fair of Home Spain rio IntemacioJaarneurs Textiles nal De Valencia Jan 14-17 Aerospace NEC. Centre 021-*****18 Decoration 1992
      68 words
  • Page 29 Advertisements
    • 38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe Grooi (tart to Finnish
      38 words
    • 24 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749-2577
      24 words
    • 325 29 BUSINESS_riM^ES TELEPHONE: Toll free Tel No 737 0043 Fax No: 734 3688 IN THE MATTER OF ZAFIRO INVESTMENTS PTE LTD (la Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the above-named Company duly convened and held at 24 Raffles Place *25-04, Clifford Centre. Singapore
      325 words
    • 292 29 The Companies Act Cap 50 CMp Ho* Company (Private) Limited In Liquidation At a ganaral meeting ot the abovenamed company held on 4 January 1992. the foAowmg special reeolution was passed SPECIAL RESOLUTION: THAT the company be wound up voluntarily and that Ms Lien Fam Sze be appointed liquidator of
      292 words
    • 840 29 M THE MATTER OF THE COMPANIES ACT. CAP SO AND M THE MATTER OF BLUE BOX R ft 0 PTE LTD At an Extraordinary General Meeting of the Company held on 30 December 1991. the following resolutions were passed pursuant to Section 179(6) of the Companies Act: SPECIAL RESOLUTION WINDING-UP
      840 words
  • Page 29 Miscellaneous
    • 262 29 8 Treatment that always on hand (8) P 9 Thought it would come HHHI I H M H 10 A little exercise to get fit Loan to Lofty curtailed, it ""|■BT bH ~HH 12 Horse about to be brought I I I f back to the computer 13 One treats
      262 words
    • 162 29 Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 31.0 Assoc humidity 74% Minimum temperature 24.0 Assoc humidity 98% Hours of sunshine 7.40 Rainfall in mm Trace Rainfall this month 2.1 Rainy days this month I World report Asia-Pacific Hi/U* Cood. Auckland 23/13 Cloudy Bangkok 33/19 "Tstorm
      162 words
    • 40 29 PILACX ALAS lIT S66MS SIGH* 1 CLBRICPxL O ft Rumooß) HOU; OF < G>O»NG ROUND TV4PIT VfiOmßhJTiC I THE l-ONBLY J VOU'Re TfcK.HG ft uVr,u ,S UoATHeRD.... J w.w-ms £SSJi£££ lu X U 0 0€ L E6DL6 *YDL£ V L I
      40 words

  • 562 30 Black Sea fleet the new flashpoint as discord shakes unity of CIS Reuter MOSCOW A row between Russia and Ukraine on how to divide the armed forces of the former Soviet Union is shaking the unity of the Commonwealth of Independent States that replaced it. The flashpoint
    Reuter  -  562 words
  • 679 30 NYT MOSCOW Finally, after weeks of warnings and debates about the coming "liberalisation" of prices, millions of Russians woke up last week to find that the prices of bread and petrol had gone up three times and that vodka cost four
    NYT  -  679 words
  • 400 30  -  From Leslie Lopez in KOTA KINABALU THE Chief Minister of the Malaysian state of Sabah, Datuk Sen Joseph Pairin Kitingan, will go on trial today to plead his case against a corruption charge which will determine his political future and that
    400 words
  • 257 30 Agencies NICOSIA The Middle East peace talks scheduled for this week have been thrown into jeopardy after all the Arab delegates delayed their departures for Washington for the negotiations with Israel, in protest against its decision to expel 12 Palestinians following the
    Agencies  -  257 words
  • 229 30 AFP TAIPEI Taiwan's trade surplus last year amounted to U5513.19 billion (5521.36 billion), up 5.35 per cent from the U5512.52 billion in 1990, economics officials said yesterday. "Despite continuous rise of the Taiwan dollar, our exports still saw exceptionally good performance with an amount
    AFP  -  229 words
  • 220 30 SINGAPORE China's President Yang Shangkun is due to arrive in Singapore tomorrow for a four-day state visit. Mr Yang, the highestranking Chinese official to visit since China and Singapore established diplomatic relations in October 1990, will be here as a guest of President Wee Kim
    220 words
  • 492 30  -  By Lee Han Shih SINGAPORE After a busy and successful year in reducing the vast number of backlog cases, Chief Justice Yong Pung How has set yet another challenge for the legal profession. On Saturday, a gathering of 700 lawyers, judges and
    492 words
  • Page 30 Advertisements
    • 25 30 CHARTPOINT Every Saturday in Business Times Ex-Soviet republics get breathing space for loan repayments, Pg 11 Convertible rouble by end Jan: Russian minister, Pg 27
      25 words
    • 103 30 CHARTPOINT Every Saturday in Business Times F—O R S—A L E— LOCATION THE Located the heart of one Approximately Brisbane's major to Australian Commonwealth business centres Government on an kilometres from 8 year lease. Brisbane's CBD. THE PROPERTY ASKING PRICE A new four level building AUD. $10,000,000 providing 4664 square
      103 words

  • Shipping Times
    • 349 31  -  By Rahita Elias SINGAPORE Some 92.4 million freight tonnes of seaborne cargo passed through Singapore's gateways in the first 10 months of last year a 15 per cent rise over the same period in the previous year. Containerised cargo, which makes up the
      Source: Port View  -  349 words
    • 514 31 AP WASHINGTON The operators of two widely used jetliners the McDonnell Douglas MD-80 and the DC--9-10 were ordered by the US government last Thursday to adopt new procedures to detect dangerous icing. The Federal Aviation Administration's action comes after a series
      AP  -  514 words
    • 219 31 Reuter AMSTERDAM Norwegian investor Torstein Hagen, whose company Marine Investments SA owns about 27 per cent of troubled Dutch transport group Koninklijke Nedlloyd Groep NV, said Marine had sold its stake in an Irish ferry company to help focus its attention on
      Reuter  -  219 words
    • 368 31  -  By Dexter Lee SINGAPORE Kawasaki Risen Kaisha (K-Line) has struck a partnership with Mitsui OSK Line (MOL) to provide a joint liner service that calls ports in Singapore, Malaysia and the Indian subcontinent. The Japanese carriers' new once-a-week service started with
      368 words
    • 180 31 Reuter BOGOTA Colombia has denied violating an international embargo against Haiti after a cargo of Colombian oil sold to a foreign company was delivered to the Caribbean island. Colombia's state oil company said last Thursday that it would punish the Panamabased oil firm which bought
      Reuter  -  180 words
    • NEWS SUMMARY
      • 48 31 THE SALE and transport of DMV's products entails around 20 messages between the parties involved in the transaction. A project in which the Dutch firm took part shows that the efficiency of this message traffic improves dramatically when it takes place electronically Page 2
        48 words
      • 38 31 THE BIG THREE car makers unveiled plans last Thursday to begin making cleaner cars for the smoggy California market, with engines running on methanol, natural gas and electricity Back Page
        38 words
      • 42 31 SLOW physical activity over the past month and the closure of most French grain cooperatives for the year-end holidays have blunted the impact of weekly 48-hour dockers' strikes that have been paralysing French ports Back Page
        42 words
      • 31 31 A PLUNGE in oil shipments from the former Soviet Union has left the vast Central Asian nation of Mongolia with a severe oil shortage. Back Page
        31 words
    • LOG BOOK
      • 40 32 TAIPEI A China Airlines Boeing 747-200 cargo plane reported engine trouble two minutes before it crashed in Taiwan, killing all five crew, according to a transcript of communications with air traffic control.
        40 words
      • 36 32 LONDON The Philippine bulk carrier Menina Barbara was refloated off Norway on New Year's Day after running aground, Lloyd's Shipping Intelligence Service said. The 35,971-dwt vessel is at anchor awaiting an inspection.
        36 words
      • 46 32 LONDON Fire damage to the Vanuatu-flagged Mild Win was confined to the boiler area and not extensive, Lloyd's Shipping Intelligence Service said. The fire was extinguished op Dec 27 off Bangkok. Repairs to the 12,778-dwt vessel can be carried out locally.
        46 words
      • 49 32 LONDON A tug was unable to locate the sinking 465 gross tonne Katerina about 72 kmnorth of Malta, Lloyd's Shipping Intelligence Service said. The vessel had been reported slowly sinking and as a hazard to navigation after flooding in the engine room and hold.
        49 words
      • 72 32 APPLETON, Wisconsin Air Wis Services Inc's Air Wisconsin unit said its December load factor increased two percentage points to 47.1 per cent from 45.1 per cent a year earlier. Air Wisconsin, which operates as United Express, the commuter carrier for UAL Corp's United Airlines,
        72 words
      • 35 32 WASHINGTON McDonnell Douglas Corp received a U*****.3 million increase to a previous US defence contract for an option for 34 T-1A training aircraft and associated equipment, the Air Force said last Thursday.
        35 words
    • 779 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      779 words
    • 749 32 FIXTURE reports in the dry cargo freight market were extremely slim with Japanese operators absent because of the New Year holiday, brokers said. Ore business was most active and included a 130,000 long ton load from Tubarao to Kaohsiung at a slightly weaker US$ll.5O. But a 60,000 long
      749 words
    • 1189 32 The sale and transport of DMV's products entails around 20 messages between the parties involved in the transaction. A project in which the Dutch firm took part shows that the efficiency of this message traffic improves dramatically when it takes place electronically. Port of Rotterdam Magazine
      Port of Rotterdam Magazine  -  1,189 words
    • 1173 32 Pmge Col ABC Containerline 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 c Warehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 5 ASXCLShpg 15 2
      1,173 words
    • 6186 40 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
      6,186 words
    • SHIPS IN PORT
      • 435 47 Veuel fey No Berth Arrival Departure Vessel Voy No Berth Arrival Departue Marina Terminal 1 Anto P Lemos ***** SOI 06 01/2359 0801/0800 Ernwa 9230N M01 atongs.de 05 01/0800 J* 1 J® *J 3 nfin 1 MnwiSS BatamMaiu *****2 M04 06 01/1000 07 01/0500 kan f 252J28
        435 words
      • 882 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Babnce Rstts SNp Voy No Etb/Btr Period From To From AdSoncharov 01SI92 07/1100 1 05/1500 05/1659 05/1900 3 06/0700 06/1159 06/1400 4 06/1200 06/1459 06/1700 Agostm Neto 22-91W 08/0900 2 05/1700 06/0659 06/0900 3 06/0700 06/1159 06/1400 4 06/1200
        882 words
    • 145 48 Reuter ST LOUIS McDonnell Douglas Corp said contractor teams it is participating in won two of five US$2O million (5532.55 million) concept exploration contracts for the US Navy's proposed A-X attack aircraft programme. The contracts were won by the McDonnell-led team with LTV Corp's
      Reuter  -  145 words
    • 364 48 Reuter PARIS Slow physical activity over the past month and the closure of most French grain cooperatives for the year-end holidays have blunted the impact of weekly 48-hour dockers' strikes that have been paralysing French ports. "The strikes are not having a
      Reuter  -  364 words
    • 338 48 AP ULAN BATOR, Mongolia A plunge in oil shipments from the former Soviet Union has left this vast Central Asian nation with a severe oil shortage. Mongolia now has less than two weeks of gas and diesel fuel in reserve, according
      AP  -  338 words
    • 183 48 NYT DRESDEN, Germany Nearly 60 years after Hitler promised the people of eastern Germany a highway that would connect Dresden to Prague and points south, planning for the road is under way. Government officials say the highway will boost Dresden's economy and provide a transit
      NYT  -  183 words
    • 557 48 Reuter LOS ANGELES The Big Three car makers unveiled plans last Thursday to begin making cleaner cars for the smoggy California market, with engines running on methanol, natural gas and electricity. Chrysler Corp said it will begin production this summer of a
      Reuter  -  557 words
  • Page 31 Advertisements
    • 34 31 *SHIP LASHING MATERIALS SPECIALIST 1 O C 5 MMTEHUIiiE SUPPLY CO (PTE) LTD Tal: *****33 (10 Ums) Far *****77 MALA YSIAN INTERNA TIONAL SHIFTING CORPORA TION BERHAD ftilu mm with customer" NEEDS IN MIND
      34 words
    • 31 31 Cocfcett Report 2 Container Schedule 17 Daily Fraghts 2 Index to Advertisers 2 Stopping Gutfe 10,11 St»i» in Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Conditions 17
      31 words

  • Page 32 Advertisements
    • 23 32 LlMf m 4 MfViCM rapTMMtMi kj Mtmktri* m Registry of Accredit* (?^3ljV\ grass l /•or adverti un% enquiries, contait Shipping rimes: IW 740-2059/740-2090
      23 words

  • Page 33 Advertisements
    • 2416 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES \ll|U BOOKINGS TEL: *****234 *****58 ■llllf —_H TERMINAL/CFS TEL: *****218 220 H ***** H PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L \gEJ A PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh
      2,416 words
    • 1954 33 TRANSPORT DIARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore, Federal 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
      1,954 words
    • 1493 33 PHMB NEXT SAILING TO MIDDLE EAST TOBIAS MAERSK VOY. 9203 ETA SIN 9/1/1992 VMM Voy ETA j ETD Feeder by DESTINATIONS Jotunra lo TIM Mene Maw* 9202 cv 7/1 oeoo mrs Port CFS 6/1 2359 HPS Katang Panang OAK LGB HCHJ MEM ATL MIA CHS BAL PHL NYC MOM TOR
      1,493 words

  • Page 34 Advertisements
    • 1431 34 > I IROTTEOMUM VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE THAMES 09/352 4/1 22/1 24/1 27/1 28/1 PPH LA SEINE 22/101 9/1 1/2 28/1 27/1 LiSIU HOECHST EXPRESS 01/301 12/1 29/1 31/1 3/2 4/2 KAGA 22/102 18/1 8/2 4/2 3/2 HANNOVER EXPRESS 06/302 19/1 5/2 7/2 10/2 11/2
      1,431 words
    • 768 34 BEABPAC SERVICE FASTEST WRECT SERVICE TO SOUTH PRCfIC PORTS SIN NOU SUV PPT LJ BONTANQ 3106 EB 25-28/01 10/02 13/02 18/02 IMPERIAL 3202 EB 23-28/02 12/03 IS/03 20/03 Transit Tim* (13) (18) (22) ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P VILA FASTEST SERVICE TO CHIE/PERU
      768 words
    • 1592 34 BlmBAMa mxmrn IMB REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE m/VOV SM ALG BCI HAM BRE ROT MIT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SHARiAH 9143-3 06/01 21/01 30/01 02/02 04/02 03/02 05/02 04/02 05/02 NORASIA MUBARAK 9144-3 13/01 03/02 05/02 09/02 11/02 11/02 13/02 12/02
      1,592 words

  • Page 35 Advertisements
    • 1938 35 I IR" M STRAITS SHIPPING PTE LTD I MSTW Wb/M 15 Ho« Chiang Road #09-01 Sanford Building Slngaporo 0208 Tel: *****88 Fa*: *****17 l[ ACCEPTS DUE SMLS SPORE BKOK cut GO PEGASUS PROGRESS V 699S 07 OS JAN 11-12 MM STRAITS STAR VOli Muara SkM. Tax 07-0* laa Mlmll Im
      1,938 words
    • 2267 35 I W> SINGAPORE AGENT: •Hi P&O Containers >anford < Botld J mlh Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5237/222 7817 W•' CR No.: *****Q*****Z EXPORT IMPORT i VIMIL VOY pPMO *M« MM ALO SOU AMT ROT HAM JU> VtBBBL VOT ANT ROT HAM SOU ALO m> J",
      2,267 words

  • Page 36 Advertisements
    • 497 36 J CR MBR 11******000-0 I EXPRESS SEMI-CSNTAINERSNIP SERVICE I TD EURBPE Ml LUNAR WW YEAH LOADER W/WT ISTCK MMM/MMN H*K MEMEN WHOP IWTN/24M 13/1 14/2 11/2 23/2 21/2 I FAST TRANSIT TIME I ACCEPTING BREAKBULK/CONTAINERIBED CARGO I fubjict to lndMO*m«f»t. Alto toctpHoq to CiMMmct, I Port toM, Port Alexandria, Qwwt,
      497 words
    • 1418 36 0 HANJIN SHIPPING FOB VS. I SN ILM HAUL LGB OAK FOB HI M LBC HAUL JA» IM KYC HAMM SPOBE 6/1 DBECT 27/1 30/1 HANM OCAI 1771 1/1 K YOKOHAMA 1371 13/12 14/2 11/2 NAHM KVMMYAM 0041 13/1 K LENA ME tIK 3/2 S/2 HAMM KWANOYANS M4I 13/1 M.
      1,418 words
    • 1187 36 —LVJ -I ItA fl aHBH M si M fIH 9HHB ■Hft, 1 R j I lit»iiinuniiT«i«MniuicMHKui«Mgria«(iiit ar Eani« 1/1 vi m/i ivi 17/1 a/i a/i a/i m/i a/i n/i mnn nn an vj vi vi t/i i/i u/i an i/« 2/<| i imnm K471 ivi u/i a/i a/i a/i rrn
      1,187 words

  • Page 37 Advertisements
    • 1633 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) NEPTUNEUNKTEL *****00 (TOLL-FREE) UK/EUROPE BERVICE *****19 USA SERVICE *****10 AUST/INOtA/PAK SERVICE *****18 FAR EAST SERVICE *****46 *****22 DOCUMENTATION DEPT *****44/*****14 CPS: MB2-IMPORT *****360/*****08 CFS: MB2 EXPORT *****53/*****50 i nepune son bhd Malaysia wsra'sgss*ssr HrtM,3B3,7W> 51 *****4 s TW ns <*>*«««•
      1,633 words
    • 993 37 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 i|f t J H twl FULL CONTAINERSHIP SERVICES IEASTBOUtt-OSCHAWBC NESTBOUP-LOMHC nenai ww |m liu wt wi |i |wa STm |»m
      993 words

  • Page 38 Advertisements
    • 1609 38 tt V W*** AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: 1244#7J0000M) W TEL *****77 TELEX: KAWAKIRS23I6S FAX *****07/B^9 I I I md M MALAYSIA: *K'UNE MARTIME (MALAYSIA) SON BHO "t LAj JEL/ TEL 5A*****00 PK *****01/5 PENANG *****0 JB *****1 522iei KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA
      1,609 words
    • 738 38 ►Vftt PHILI-OMCNT LINCS PT€ LTD 4% 108 Robinson Road #07-00 GMG Building Singapore 0106 Tei: *****22/*****69/*****00Taiex: RS ***** FAX: *****76/*****38 &J2 BY AIR, LAND OR SEA.... J&U WE TAKE ON THE WORLD FOR YOU Sjjjp MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCMTION r-—■ I I 09 JAN SYDNEY. MELBOURNE, BRISBANE. FREMANTLE
      738 words
    • 390 38 /V-jfcr, GOLDEN LINE GUAM GUAN SHTPMG I&SXV (PTE) LTD a tm s»mi muem iim m S34JOM (M UMS) Ft. *****54 <Ct H» UI2WOSSOO) »num/wMUMWiHBiTK« S pOfi P Mm Pwm| MUM MMBT CMMfe/lUracta/tMM l/Mki nancMi/iMckMi nmim tOLOBI STM CakMßto 'lUridi/Ma 1/10 Hk gmujnng mCWMPwt 10/12 lan HONS Q) in Shantmi 1/10
      390 words

  • Page 39 Advertisements
    • 1091 39 ysaPff PACIFIC INTERNATIONAL LINES (PTE) LTD S Sa'S > m m■■ Pit- Building, 140 Cecil Street #0300, Singapore 0106. NO: **********QE VESSEL VOV SIM JKT BIN VESSEL VOV BIN BKK SIN eoCN 021 7/1 ./I M/ 1 «OA««« MOOMII 68SN 7/1 10/1 14/1 EQUATOR MAS 31N S/1 10/1 IS/1 l"
      1,091 words
    • 1236 39 _.i_ ZZ^ZLZ— Eacßen9 Ist1 st CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG PKELANG OCEAN VSL/VQY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 17/1 18/1 NIHON 2022 21/1 7/2 9/2 10/2 12/2 ANSON/TBN 24/1 25/1 BENARTY 2032 28/1 14/2 16/2 17/2 19/2 ANSON /TBN 31/1 1/2 ALSIA 2042 4/2
      1,236 words
    • 483 39 MYANMA pi FIVE STAR LINE (Myanmar National Una) Loading for Yangon (Rangoon) S'poro P.KIf Pen P.Gdf MERGU ¥11 IN In PI IS/M lan PATHE* VUSN In Pt SU MYOMAYNA VI3IH SM SM to Pt MPA AN VI7IH In Pt LOMAN VISOW 7/9 Jan PAGAN VI7IW 14/16 lan THE BANK UNI
      483 words

  • Page 40 Advertisements
    • 474 40 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL VOY ST H KUC KK MANGE OCEAN 107 Sid hPI COSMK TRADER 22 1/1 *UCW 12 9/1 11/1 COSMC MASTER 5 J/1 12/1 TRANS AUTO 35 1/1 11/1 SEKI AKEtSH 69 23/1 25/1 *fMMC 13/1 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT
      474 words
    • 84 40 \REGULft^^^EWnONALSE^CE^/ IS'pore P Kelang Loading for I ■NFS 10/1 13/1 Rdm Atw/ UK Nantes I ■W0 20/1 24/1 Rdm/Atw/UK/Nantes/Valenoa I [Spore Loading for I HcARIBBEAN QUEEN 7/1 Dubai/Dammam/Kuwait I Hp AN GLORIA 7/1 Aden/Jeddah/Aqaba I HsPARKIE SUN 20/1 Dubai/Dammam/Ku*ait I Spore Loading for Hpan LIBERTY Los Angeles/New Orleans/ I Charleston/Norfolk/Camden
      84 words
    • 129 40 mMcmmMtmasa, f\ TTTT V= BEIJING •CHANGCHUN CHANGSHA LII 1% I V- 111/ VI II I CHENGDU CHONGQING FUZHOU m V I ml VI I I I \GUIUN HARBIN KUMMING XIAN mII ml n|% >| H I NANNING QUANZHOU SHEKOU ,111 L. |m C I .111 SHENYANG SHENZHEN WUHAN i L/Xl
      129 words
    • 49 40 ■ops Orient Pacific Services (S) |jy*Jr Pte Ltd DIRECT SERVICE TO WEST AFRICA #IN LOADING FOR 10-15 JAN LAQOS, ABIDJAN MIAMI SUPER 10-12 JAN SANTO DOMINGO MIAMI BALBOA L. ALICE 15-1$ JAN NOUAKCHOTT Marin* Parade Road #05-15 Parkway Parade S'pore 1544 Tel: 3451(11 Fa*: *****11 Tlx: R8 ***** OPBSIN
      49 words

  • Page 41 Advertisements
    • 1034 41 /S A total approach tol transportation PKLANO PENANO OCEAN VESSEL SIN LE HAVRE! 1) RDA*H») S'HAMRTONO) KWM(«I Q'BUfKJ (I) VESSEL At PJtg f *Bkk Sin St.,, Auckland «(•>,**«*<») f««ru Lytt-UnW D~*(B) «J2-JZL N Rotterdam/*****# 3/1 5/1 4/1 4/1 In Pt 9/1 24/1 20/2 25/1 28/1 29/1 29/1 30/1 31/1 l/Z
      1,034 words

  • Page 42 Advertisements
    • 826 42 TO AUSTRALIA/NEW ZEALAND t [m [to iFrm |M«fe |Syd lAuct INK If CHAIM J C. KHOLIC m t/1 11/1 21/1 21/1 31/1 Til j iiSni fia 2/2 10/2 15/2 11/2 24/2 TiTi MM DM I2M H/2 2/3 7/3 10/3 11/3 Ti7s ELLEN HUM M7~ l/l 17/3 21/3 25/3 31/3 5/4
      826 words
    • 769 42 EXPORTS TO HONGKONG. TAIWAN, MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOUND VOY Pig PEN ST |SM|ft.m6 lUO Kg TTO MB WOO HOB II VESSa VOY |«N |PKL PCN NW «N~| C. CAMBER 1» 41 **1.1 t.l 9.1 13.1 17.1 11.1 18.1 111 ACX )»Ot MA t.l 12.1
      769 words
    • 256 42 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD IT* ETA EM SPOM PUT KELANG PENANC BLUE MK 17/1/12 Loading for MM KUVAI HUDHU 20/1/92 Loading for Calcutta DOLNON 15/1/92 Loading For MM notcn sum* in port Loading For Male 00NAKULM 12/1/92 Loaded For Fetnraru PROGRESS LBEJtTY IN PORT Loading for
      256 words
    • 1548 42 /to tais* ig 3? CHINA OCEAN SHIPPING COMPANY i FULL CONTAINER LINER SERVICE rSifi wiPi-mr RHn shwoie s goo*i Mom COSTAR SHTPING PTE LTD fWM p w ra.: 22SUQ0/2KIU3 MOOICSIA MARITIME PENANG TEL *****1 TU: MA ***** TELEX: RS *****/1 COSHP *T TEL: (ttI)MH37, *****4 GUAN GUAN SHIPPING SDN BHD
      1,548 words

  • Page 43 Advertisements
    • 609 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 TSr HOT LINE *****33 (24 LINES LIMASSOL/PREAUS 12/1 ROTTERDAM 12/1 HAIFA/ASHDOO/ ALEXANDRIA 12/1 HAMBURG/BREMEN 12/1 MARSEILE/FRANCE 12/1 FELIXSTOWE/UK 12/1 BARCELONA/SPAIN 12/1 LEHAVRE/ANTWERP WT GENOA/ITALY 1271 GOTHENBURG/SCANDINAVIA 12/1 LOS ANGELES/WC/P1 12/1 SYDNEY/MELBOURNE 9/1 ICW YORK/EC 12/1 FREMANTLE 9/1 VANCOUVER 12/1
      609 words
    • 854 43 g^5a!nEL^SE5E^SESc«E^S^T^nn TEL: *****53 (12 Urm) FAX: *****18/*****03 TELEX: R8 ***** MSHP (1 Urm) ffi ETWMfIAH mim LWB |r (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL I VOY ETA IOAOtNQ FO« MM ABBAV WONZ 31WB ti/02 OANESSAIAAM. MOMBASA. OJOOUTI ABSAS. MA3SAWA A NONET 27W8 11/03 DAAESSAIAAM. MOMBASA. OJ*OufT ASSAS.
      854 words
    • 752 43 ii I [MM wnawi US a/ai n/ai awr»mut m an aa/ai n» aa/ai 1 um n/ai u/ai Mwiaww iin w* aa/ai u> 11/11 1 I" 1 m is£i u/ti thmm awuar## ao nn aa/ai in 11/ai B«" uas u/ai n/ai w anaa# *aaw w ta/ai t« u/ai J M«m am
      752 words

  • Page 44 Advertisements
    • 1293 44 ■WiiimmmwwiewmwawwiamwNMiweimwwwwiwmwwiwmmwwwttwiiiNwmmitwwiwMwwiiiiMiweiMMmMiaiMiwh r S'PORE y|PORT:' 22I6OO2 i PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 SIN V/ 1 ft/, 7/, Colombo 9 l 16/1 U l 7/x m 9/1 L 10/1 11/1 12/1 7/1 8/1
      1,293 words
    • 390 44 BLUE STAR LINE TO FROM 0/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS v sin in ml in sm PROSPECT ISS «/I 1«/ I WA N* 4/2 MANDAMA VOSI2 U/l »/l «U NPI 30/1 10/2 PREMIER ICS 24/1 5/2 WA API 7/2 24/2 FULLY CONTAINERISED
      390 words
    • 1102 44 THONG SOON LINES PTE. LTD.i j JMi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER MBVICKB SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL jVOT IET* DEST VESSEL W SPORE P.
      1,102 words

  • Page 45 Advertisements
    • 767 45 DE VAPOREB "PERUVIAN STATE UNE" ACCEPTRG BREAKBULK/FCI/SOC CARGOES TO/FROM EALLAO, MATARAM, 10* OTHER PERUVIAN PORTS* WTM T/S AT KOBE ON CfV THROUGH Ml OF lADMG. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTRG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOX, TOKYO*, OTHER JAPAN PORTS*, MAMLA* DAVAO*, JTHER PHLPPMS PORTS' AND
      767 words
    • 451 45 czaTTMISSr N.AMERICA/CARRIBEAN SERVICES torn. Nor law fcMoojn Lu ta to hw In MOAT I7C 11/1 aUNOBCA 11/2 19/2 M/ 2 N/2 (0/2 2NMOOOIRK 21« 11/1 DM RMN 19/2 21/2 VI 1/1 7/3 ON IOBTO 721 39/1 m MMN ll 7/3 lt/1 a/3 22/1 N/1 <*P IK Mm 4 ISA nmtiillia.
      451 words
    • 521 45 I MIDDLE-EAST/PERSIAN QULF ACCVTHQ PCL/LCL DUBAI. DAMMAN SHARIAH DOHA. MUSCAT. BAHRAIN ABU OHABI. BANOAR ABBAS. CDOAM FAR EAST ACCSPTMO FCtACt PCNANG. P/KELANG. JAKARTA BANGKOK, HONG KONG. TAIWAN. JAPAN MANIA. KOREA UK/EUROPE ACCIPTMQ PCL/LCL LONDON, FELIXSTOWE, LEEDS, TABU*Y. ABERDEEN. L£ HARVE. HAMBURG. ROTTEROAM. ANTWEP GOTHENBURG. COPENHAGEN A ALL OTHER EUROPEAN PORTS
      521 words
    • 443 45 I A PERINTIS LINE I WEEKLY PULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VE99EL VOY MN JKT DASA ENAM 909 06/01 11/01 DERAJAT 970 09/01 12/01 PELOPOR 1022 11/01 14/01 OASA ENAM 910 15/01 18/01 General Agents: ABIA FERMTI9 UNEB FTE LTD 19. Keppel Rd #05-02
      443 words
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  • Page 46 Advertisements
    • 895 46 r/T FIL CONTAINER SERVICES PTE LTD I MADRAS CALCUTTA BANGKOK jVdjL BIH/MAORA6 Wl SIN/CALCUTTA VII BIM/BAHOKQK SN MM SM SM CAI SM SM MM NOT MMUMi SM 1741/11 15-11/ M HOT tMUM M-M/01 1211/01 22-23/01 NOT WMUfcf 4 tan I tan H-M/01 1113/11 11-19/01 11-12/01 11-22/01 2S-29/01 7 tax 11
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    • 419 46 MANILA ETA WBOW PACIFC 53N8 4/1 VIGOUR SINGAPORE 17NB H/l BANGKOK 4/1 11/1 "fIUSAN ft/1 13/1 HONGKONG 11/1 17/1 DURBAN/PT LOUtS 12/1 22/1 KgLUNG 6/1 13/1 USA 6/1 13/1 PT KELANG 7/1 10/1 KOBE 6/1 13/1 PWAEUS 9/1 18/1 "OSAKA 8 1 15/1 JAKARTA 7/1 10/1 DU6AI n/j 22/1 V
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  • Page 47 Advertisements
    • 132 47 vQc vQc \O c vC )c vO c \OcvO c V PREMIER CARRIER V Q REUABLE SERVICES Q o JTlfrwj, COMPETITIVE RATES u Q 3 BARGES OPERATION TAILORING TO YOOR NEEDS Q c SINGAPORE BATAM x 0 ENQUIRY BOOKING: A A V 274 1001 €iHfk V O■ 0 g ■BBBBnaQ
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    • 15 47 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times
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    • 262 47 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint lil Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S' HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Toyama* 47(5 571 27/1 26/1 25/1 28/1 Korrigan 488 7/1 24/1 25/1 27/1 28/1 Nedlloyd Detfl
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  • Page 47 Miscellaneous
    • 287 47 TIDES AND WEATHER mttbilji i TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 ***********************************01(001)00 2000 2100 2200 2300 JR 24 2.5 2.4 2.0 16 13 1.2 1.3 15 20 26 30 3.2 30 26 21 1.5 10 07 05 05 08 1.3 19
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  • Page 48 Advertisements
    • 1174 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST rang w wt kd ikmii wi mo lw om sm it nm voy huc tcm/se* rn NAN HU 201 NO3S 06/01 07/01 09/01 H. COMMANDO) 31E 17/01 03/02 f/02 07/02 BAY
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