The Business Times, 2 December 1992

Microfilm: NL18512
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Wednesday, December 2, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      US leading indicators post rebound in October
      68 1 WASHINGTON The US Index of Leading Indicators, which is designed to forecast economic activity six to nine months ahead, rebounded in October by 0.4 per cent after falling in three of the previous four months, the US Commerce Department said yesterday. The index's
      68 words
    • Article
      US set to retaliate over Japan's rice ban
      74 1 TOKYO A US official yesterday warned Japan to drop its long-standing total ban on rice imports or be responsible for scuttling the Gatt trade talks. Speaking on condition of anonymity, he warned that if the so-called Uruguay Round of talks under the
      74 words
    • Article
      Indon oil investments
      36 1 INVESTMENTS in Indonesia's oil and gas exploration and production industries are expected to surpass US$4 billion (about 556.4 billion) this year, double the US$2 billion it attracted about five years ago Page 2
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    • Article
      Setback for group
      42 1 THE Thai government yesterday dealt a severe blow to the SNC-Lavalin consortium's 1 lth-hour bid to have its "Skytrain" contract reinstated when it gave a state authority $5.2 million to appoint a design consultant for the project Page 2
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    • Article
      Amendment sought
      43 1 THAILAND is seeking an amendment to the 1966 ThaiUS Amity Treaty to end ownership and investment privileges granted to American companies in the face of pressure from the European Community and Japan demanding similar benefits, the Bangkok Post reported Page 8
      43 words
    • Article
      China accuses US
      31 1 CHINA has accused the US of violating a pledge not to send high-level officials to Taiwan by dispatching Trade Representative Carla Hills on a controversial visit Page 9
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    • Article
      Extension deferred
      30 1 MEMBERS of the Asia North America Eastbound Rate Agreement have postponed expanding their currency adjustment factor to cargo originating in Korea, Taiwan and Malaysia 'Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow lower
      35 1 WALL STREET stocks turned lower in early trade as profittaking forced the Dow Industrials to give back more than half of Monday's advance, analysts said. The Dow was off about 13 to 3292.
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    • Article
      Footsie lower
      49 1 SHARE prices were slightly lower in midday trading on the London Stock Exchange yes- terday, depressed by profit-tak-ing following its rise to a record high point on Monday and falls in Hongkong. At 1230 GMT, the FTSE 100 Index was down by 3.3 points to 2,775.5 points.
      49 words
    • Article
      CCL profits down
      38 1 CYCLE Carriage Ltd yesterday announced an 8.4 per cent drop in 1992 earnings to $65.94 million amidst growing talk that it will soon inject all group properties into new subsidiary Malayan Credit Ltd. Page 4
      38 words
    • Article
      Appeal turned down
      41 1 THE Kuala Lumpur Supreme Court yesterday dismissed an appeal by tycoon Khoo Teck Puat and his company, Rumah Nanas Rubber Estate Sdn Bhd, against a High Court decision ordering specific performance pertaining to a land deal Page 4
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    • Article
      Three stakes
      31 1 ASEAN Holdings Inc, a Cana-da-based holding company with a majority Thai shareholding, has agreed in principle to acquire 49 per cent stakes in three companies in Thailand Page 5
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    • Article
      Bank retrenchment
      30 1 UNIBANK of Denmark AS, the country's second largest bank, will retrench a total of 19 people from its Singapore branch by the end of this month Page 7
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    • Article
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 690.47 -2.17 Kuala Lumpur ....637.23 -4.66 Tokvo 17,313.04 -370.61 Hongkong 5,501.71 -308.92 Sydney 1,444.3 -3-8 Mooday Change New York 3,305.16 +22.96 London 2,778.82 +18.7
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    • Article
      STOCK INDICES
      25 1 Exchange rates USS S$ 1.6370 100 Yen S$ 1.3128 MS SS 0.6454 Money market rates Overnight 1/8% -1 4/8 3-month 2 5/16 -2/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix US$334.60 US$0.90 Rubber S'pore Dec 144.75'/kg +0.50 M'sia Jan 223.00«/kg unch KL Tin Turnover 45tonnes +14 Spot M$ 14.02/kg -0.03 Crude palm oil Turnover 1,72 llots +601 Dec M$932 /tonne -11
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  • Article, Illustration
    Dhana to relieve BG Lee as MTI minister
    382 1  -  By Genevieve Cua SINGAPORE Former National Development Minister S Dhanabalan, who resigned his post just three months ago, has agreed to rejoin the Cabinet and will relieve Brig-Gen Lee Hsien Loong as Trade and Industry Minister from Monday. A statement from the
    382 words
  • Article
    Forged share scam swiftly dealt with
    718 1  -  Two Singaporeans detained; 646 forged scrip still unaccounted for By Amy Balan SINGAPORE Swift action by police and stock exchange officials on both sides of the Causeway appears to have contained much of the potential fallout from the Ms 26 million (5516.6 million) forged
    718 words
  • Article, Illustration
    S'pore, Clob stocks lose ground
    113 1 SINGAPORE Prices on the Singapore stock market closed lower yesterday on profit-taking, while Malaysian shares traded on Clob International eased on news that forged scrip were found in the market. Investment analysts, however, noted that the underlying sentiment for both markets remained bullish and said
    113 words
  • Article
    Lock icon Jakarta to counter rumours that sparked bank runs
    367 1 AFP, The Jakarta Post JAKARTA Indonesian President Suharto has issued an order for the authorities to take steps to counter rumours which have led to a series of runs on several healthy private banks, a senior minister disclosed yesterday. Coordinating Minister of
    AFP,; The Jakarta Post  -  367 words
  • Article
    Patten vows to speed up reforms in show of defiance
    600 1  -  From Stephen Vines in HONGKONG AS HONGKONG shares plummeted yesterday in the face of China's threats over the consequences of implementing proposals for constitutional reform, Chris Patten, the colony's Governor, defiantly vowed to accelerate the legislative timetable for implementing the
    600 words
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      213 1 THE NEW SIGNS OF THE TIMES I 1 o o o Aircraft Schedule 29 RISE 21 Unit Trusts 20 Commodities 28 Law 15 Weather 29 Company News 4-6 Money Changer Rates 29 World News 9 Cryptic Crossword 29 Money Market 27 World Stock Markets 26 Editorial 10 Regional News 8
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      86 1 Grand Higjvin Pte. ud. THE COMPLETE SHOP Hock Lock Siew: Thai bourse watchdog needs to do more than just bite, Pg 4 Legal poser: Does infancy end at 21 or 18? Pg 15 IMONTI CELLO! The only letter that spells the Best in CLASS and COMFORT... R Watches •Ft R
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Committee formed to look into Indiana fire
        74 2 THE Ministry of Labour has decided to appoint a committee to investigate the fire that occurred on board the Indiana in Sembawang Shipyard last week. In the incident, six workers died and 16 others were injured. The committee is expected to find the
        74 words
      • Article
        Mitsui High-Tec to invest $10m
        88 2 JAPANESE company Mitsui High-Tec (Singapore) celebrated its 20th anniversary in Singapore yesterday by announcing plans to invest $10 million over the next five years. The move was announced by chairman Yoshiaki Mitsui. Mitsui HighTec which is not related to the giant Mitsui conglomerate specialises in
        88 words
      • Article
        Telecom launches new services
        126 2 TELECOM launched three new services yesterday as part of a $6 million plan to meet the growing demands of business. And more innovations are on the way. The latest services Phone Net, Call Routing and a revised Local Toll Free System will help companies serve their
        126 words
      • Article
        Ahmad Mattar for Kuching, KL
        75 2 MINISTER for Environment Dr Ahmad Mattar will be visiting Kuching and Kuala Lumpur from tomorrow to Sunday. His visit is at the invitation of Malaysian Minister of Science, Technology and Environment Law Hieng Ding. This is part of the Malaysia-Singapofe Environment Ministers' Annual Exchange of
        75 words
      • Article
        Computerised poly admissions
        56 2 THE Joint Polytechnic Admissions Exercise will be computerised and will be operational next year. The Joint Polytechnic Admissions System is the result of the effort of Singapore s four polytechnics and the Computer Services Branch of the Ministry of Education. The new system is expected to save
        56 words
      • Article
        Jurong Shipyard joins LIUP
        66 2 JURONG Shipyard Ltd has become the first shipyard in Singapore to join the Local Industp' Upgrading Programme (LIUP), marking another milestone in the Economic Development Board's efforts to expand the programme's scope. And more local shipyards are set to become LIUP members, said EDB director of
        66 words
    • Article
      Lock icon Asean's future growth depends on industrial development, says Tokyo
      295 2 AFP TOKYO The future growth of Asean is linked to the development of its industrial bases, the Japanese government said in an annual White Paper on the World Economy, and the countries in this region "should establish domestic bond and other
      AFP  -  295 words
    • Article
      Jakarta likely to chalk up US$4b in oil investments
      351 2  -  Projected figure double the amount drawn five years ago By Lilian Ang SINGAPORE Investments in Indonesia's oil and gas exploration and production industries are expected to surpass US$4 billion (about 556.4 billion) this year, double the US$2 billion it attracted about
      351 words
    • Article, Illustration
      First official travel agent for Laos chosen
      390 2  -  By Harish Mehta SINGAPORE Dorison Travel Pte Ltd has been appointed as the first official travel agent for Laos in Singapore with a mandate to promote tourism to the longisolated and landlocked country. Managing director Doris Lie told BT that her company had
      390 words
    • Article
      Inflation lower if CPI includes CPF: Boon Heng
      204 2 SINGAPORE If income tax and contribution to the Central Provident Fund were captured in the Consumer Price Index, inflation would be lower, Senior Minister of State for Trade and Industry Lim Boon Heng has said in a letter to the Singapore Democratic
      204 words
    • Article
      MRTA picks design consultant for transport job
      412 2  -  From Andrew Cooke in BANGKOK THE Thai government yesterday dealt a severe blow to the SNC-Lavalin consortium's 1 lth-hour bid to have its "Skytrain" contract reinstated when it gave a state authority S$S.2 million to appoint a design consultant for the project. The
      412 words
    • Article
      Lock icon Bangkok Land in China housing deal
      244 2 Reuter HONGKONG Bangkok Land Co and Stelux Holdings Ltd have signed an agreement to build integrated lowcost housing in three districts of Beijing. According to Bangkok Land chief executive officer Anant Kanjanapas, the two companies would share a 75 per cent stake in a
      Reuter  -  244 words
    • Article
      Lock icon Bid to boost Tokyo bourse seen strangling futures
      602 3 Government regulators urged to loosen grip Reuter TOKYO Government efforts to prop up Japan's fragile stock market are strangling stock index futures; and futures traders and investors say officials and exchange regulators must loosen their grip to let futures breathe. "*'l used
      Reuter  -  602 words
    • Article
      Singapore futures brokers welcome Taipei's move
      279 3  -  By! Shoeb Kagda SINGAPORE Singaporebased futures brokers have welcomed moves by Taiwan to allow foreign firms to set up operations on the island. And several local operators plan to visit Taipei this month to explore business opportunities. The brokers say Taiwan is a potentially
      279 words
    • Article, Illustration
      East Asian development corridor seen forming
      373 3  -  Asean triangle part of network, conference told From Yang Razali Kassim in BANGKOK AN INTERNATIONAL conference has envisaged the growth of an East Asian development corridor that extends from Asean countries to China and Korea. It was broached by Mike Douglass of the University
      373 words
    • Article
      Lock icon Protect house buyers, KL urged
      142 3 Bernama KUALA LUMPUR The Housing Developers Association of Malaysia has called for the protection of local house purchases from price distortions resulting from foreign speculation to be effectively carried out by state governments. In a statement released here yesterday, it said that this move would
      Bernama  -  142 words
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      6 2 J Mti JB flEEg^ AtSOLV MENT
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      176 2 SINTAT DELIVERS ON TIME 0R... THE CAR FREE FOR THE DAY. Sintot understands how important time is for businessmen. If we deliver late, we know it can be costly for you. So now, if you book a Sinlat car to be delivered at a particular time, it gets there on
      176 words
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      Page 2 Advertisements Column 3
      38 2 An Art perfected into a Science. Suits Shirts of fCazvCess Qua City. v Je^^l *n Sfc (9(wmg ((omiors (Established 1933) Lower Lobby, Shangri-La Hotel. Tel: 235 7692 #03-09, Westin Plaza, Raffles City. Tel: 338 0819 Fax: 65-337 3244
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      282 3 t I RADIUS GP 300 E Finally, a portable two-way radio lhat combines state-of-the-art technology wifc true affordobility. K Now, even small and medium-sized users can coll on outstanding, advanced Radius technology. I All GP 300 models offer features lhat have never before been so accessible. I Unlimited^ (Pl/DPt) B
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      Page 3 Advertisements Column 2
      115 3 fc.,2 YAMAHA CHIGH COREn BKQUSTiC BflhD is proudly brought to you by ">- y_/ MIDAS PRESENTATIONS PTE LTD ALSO FEATURING "AMERASIA" AND "JUST US" (support acts) Date Tuesday, 8 December *92 Time 8.30 p.m. Wednesday, 9 December '92 Venue: Zouk Disco. Price $48.00 (Inclusive Of One Raffles Light) For Every
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Wing Tai rights issue 1.5pc undersubscribed
        79 4 Wing Tai Holding's one-for-four rights issue *>vas 1.5 per cent undersubscribed when the offer closed on The company received acceptance of 47.68 million at $1.05 apiece, totalling $50 million, a sum that will Jbe used to reduce its large borrowings. Wing Tai also received
        79 words
      • Article
        Sembawang's Indon venture
        65 4 Sembawang Shipyard and PT Dok Surabaiya, an Indonesian state-owned shipyard, have agreed to carry lout joint shiprepair and other maritime activities, primarily in Java. The joint operations will cater to domestic and international shipping markets, but will also explore onshore -projects. Late last month, Sembawang Shipyard's managing
        65 words
      • Article
        SPH shares for its chairman
        46 4 SINGAPORE Singapore Press Holdings Ltd announced Jthat its executive chairman Lim Kim San has accepted the Option to subscribe for 150,000 ordinary shares at an exercise tprice of $9.08 each for the period between Nov 20, 1994, and jNov 19, 1997.
        46 words
      • Article
        Three firms close transfer books
        130 4 Parkway Holdings Ltd will close its shareholders' register from Dec 24 to Dec 31 to determine entitlement to payment of interest on the loan stock for 1992. It will jpay 6 per cent interest on its $60 million unsecured loan stock •which expires in 1993.
        130 words
    • Article, Illustration
      Lock icon Powermatic shares subscribed 5.3 times
      305 4 SINGAPORE Singapore investors are a high-tech lot. They shunned the shares of home-furnishing company, Courts, a month ago but are turned on enough by Sesdaqaspirant Powermatic Data Systems to oversubscribe its shares by 4.3 times. Powermatic's initial public offer, which closed at noon yesterday, attracted
      Picture by Arthur Lee  -  305 words
    • Article
      Cycle & Carriage posts 8.4pc profit fall
      477 4  - Cycle Carriage posts 8.4pc profit fall Ang Ah Lay named group GM of subsidiary Malayan Credit Reports by Sylvia Wong SINGAPORE Cycle Carriage Ltd (CCL) yesterday announced an 8.4 per cent drop in 1992 earnings to $65.94 million amidst growing talk that it will soon inject all group properties into
      477 words
    • Article
      Malayan Credit incurs $2m loss
      253 4 SINGAPORE Malayan Credit Ltd (MCL) has gone into the red with a net loss of $2.04 million for the six months to Sep 30. Although its turnover was up 7 per cent to $23.70 million, its profits were dragged down by a $7.4 million provision.
      253 words
    • Article
      Lock icon Shangri-La Hotels makes impressive KLSE debut
      242 4 Bernama KUALA LUMPUR Shan-gri-La Hotels (M) Bhd made an impressive debut on the Kuala Lumpur Stock Exchange Main Board yesterday with an opening price of M 53.90 (552.50), a premium of M$ 1.70 over its offer price of M 52.20. Its director, Ong Ie
      Bernama  -  242 words
    • Article, Illustration
      Lock icon KL Supreme Court dismisses appeal by Khoo Teck Puat
      369 4 Bernama KUALA LUMPUR The Supreme Court here yesterday dismissed an appeal by tycoon Khoo Teck Puat and his company, Rumah Nanas Rubber Estate Sdn Bhd, against a High Court decision ordering specific performance pertaining to a land deal. Lord President Abdul
      Bernama  -  369 words
    • Article
      Kim Eng reports 108pc jump in net earnings to $7m
      264 4 SINGAPORE The Kim Eng group has reported a 108 per cent increase in net earnings to $6.99 million for the six months to Sep 30. The group registered the performance on a 35 per cent increase in turnover to $32.04
      264 words
    • Article
      Bangkok bourse needs watchdog that can do more than just bite
      790 4  -  THE HOCK LOCK SIEW COLUMN To restore confidence, SEC must be seen to be beyond reproach By Loh Hui Yin SINGAPORE Sometimes it is hard to distinguish rumour from reality. This was the situation in which investors and the
      790 words
    • Article
      Asean Holdings to buy stakes in three Thai companies
      333 5 Overall cost of purchase estimated at 200 million baht SANGKOK Asean Holdings Inc, a Canada-based 'holding company with a majority Thai shareholding, has agreed in principle to acquire 49 per cent stakes in three •companies in Thailand. According to a report
      333 words
    • Article, Illustration
      Lock icon India set to push through reform of stock markets
      409 5 Reuter BOMBAY India's chief stock market regulator says he is determined to clean up the country's turbulent bourses, accusing brokers of 'tiding to stall badly-needed Reforms in the wake of a US$l.2 billion (551.97 billion) financial scandal, -w "We can't stretch
      Reuter  -  409 words
    • COMPANY BRIEFS
      • Article
        Philippine bourses urged to unify
        63 5 MANILA President Fidel Ramos has called on the Philippines' two stock exchanges to unify, saying their failure to do so was an obstacle to the country's development. Mr Ramos made the appeal in a meeting with members of the Makati Stock Exchange, the smaller of
        63 words
      • Article
        Offer to repair N-plant rejected
        67 5 MANILA President Fidel Ramos yesterday rejected an offer by Westinghouse Electric Corp to repair and run a nuclear power plant it had built in the 1980s and ordered the resumption of a bribery suit against the US-based company. Mr Ramos accepted the recommendations of a
        67 words
      • Article
        HK-US digital telecom link
        64 5 HONGKONG Hong Kong Telecommunications Ltd said it had inaugurated a high-capacity digital circuit linking China's Guangdong Province with the US in a cooperative venture with MCI Communications Corp and the Guangdong Telecommunications Administrative Bureau. Hongkong Telecom said the 64,000 bits per second circuit would be used
        64 words
      • Article
        Toshiba in Chinese venture
        77 5 TOKYO Toshiba Corp has reached an agreement with the trading firm Mitsui Co and a Chinese firm in Shanghai to establish a company to make a key component used to produce colour picture tubes. Toshiba and Mitsui will each contribute 17.5 per cent of the 2.6
        77 words
    • COMPANY BRIEFS
      • Article
        IBM sees record PC orders in fourth quarter
        86 6 NEW YORK International Business Machines Corp said it expects a record number of orders for its personal computers in the fourth quarter, spanning across its total line of products that were introduced this autumn. "We have a record number of orders for
        86 words
      • Article
        Shell seeks return of assets
        55 6 MADRID Shell Espana SA is asking the Spanish government to return assets, mostly oil storage tanks, expropriated in 1927 by the government, a Shell spokesman said. Shell's assets and those of other private companies were expropriated hi order to form a state monopoly which is
        55 words
      • Article
        Conoco expects more oil
        55 6 MATAK ISLAND, Indonesia The US oil company, Conoco Indonesia Inc, anticipates that its oil field near the Natuna Islands in the South China Sea will keep producing well into the next century. James Easton, Conoco's field operations superintendent, said he was confident reserves would turn out
        55 words
      • Article
        Hagemeyer buys food company
        40 6 NAARDEN, Netherlands Hagemeyer NV's Canadian unit has acquired Winnipeg-based food distributor Northdale Enterprises Ltd, the Dutch trading company said. Northdale is a leading distributor of speciality food products with five branches covering mid-west and western Canada.
        40 words
      • Article
        No boost from royal jelly?
        59 6 LONDON Regina pic, the world brand leader in royal jelly products which are reputed to boost longevity and sexual potency, said on Monday it incurred an even bigger loss in the year to August 1992 than it did last year. Regina's losses before taxes grew
        59 words
    • Article
      Lock icon Pepsico to fake US$1b accounting charge in 4th qtr
      438 6 Company adopting 2 mandatory accounting changes NYT NEW YORK Pepsico Inc said that it would take charges of nearly US$l billion (551.64 billion) in the fourth quarter because it was adopting two mandatory non-cash accounting changes. Earnings results for each quarter
      NYT  -  438 words
    • Article
      Lock icon Pentland sells Adidas stake back to Tapie
      343 6 FT LONDON Pentland, the UK-based sporting goods distributor which two months ago pulled out of negotiations for the purchase of sports shoemaker Adidas, has sold back its interest in the company to Bernard Tapie Finance (BTF) SA. the holding vehicle for the controversial
      FT  -  343 words
    • Article
      Lock icon Top three Dutch paper companies to merge
      166 6 FT AMSTERDAM The top three paper and packaging companies in the Nether lands are to merge, creating the second largest European paper group after Stora of Sweden. The merger of KNJ*,, Buhrmann-Tetterode and VRG will produce a European paper and packaging company with
      FT  -  166 words
    • Article
      Lock icon Trafalgar posts loss and sees no major upturn for 1993
      396 6 Reuter LONDON Shipping, engineering, and construction company Trafalgar House pic yesterday posted a full year loss after a large writedown, slashed its dividend and said it saw no major upturn in its activities for 1993. Trafalgar, under new top management
      Reuter  -  396 words
    • Article, Illustration
      Lock icon UK property developer Rosehaugh latest victim of downturn
      282 6 FT LONDON Rosehaugh, a prominent UK property developer in the 1980s, on Monday became the latest victim of a downturn in the market which has halved office values in London over the past three years and is expected to result in several
      FT  -  282 words
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      379 4 I IN THE MARKET PAGES p HK market plunges 24 Si Profit-taking sinks Nikkei 24 ARE YOU m going BALD? Do This Quick Test I 1 Does your scalp itch frequently? An itch that rn Do you detect a slight but defiiute thinning, seems to go away only to come
      379 words
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      323 5 II RETAIL-PERTH j OFHCES-PERTH jl Melville Plaza Shopping West Centre, Perth Centre, Perth Supert) Modem Quality Office Price: A$ 10 Million and Retail Building Yield of 11.7% Price: A 523.5 Million 80,611 sqf Lettable Area 139,199 sqf Lettable Area Income of A 51.17 Million Secure Government Tenants Coles Myer and
      323 words
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      244 6 i ir m f T ii ffnftl Ti f li'aßfc ii Mi ill M G In a place where The burnished cliche of East meets West Comes to be sJH Xr i r Evenings at The China Inn, While oblique rays of sun Lengthen, parched throats Line a long bar.
      244 words
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  • FINANCIAL NEWS
    • Article
      Unibank's local branch to lay off 19 employees
      347 7  -  By Kooi Cho Teng SINGAPORE Unibank of Denmark AS, the country's second largest bank, will retrench a total of 19 people at its Singapore branch by the end of this month. On Monday, 11 staff members, mostly Singaporeans, were told to leave
      347 words
    • Article
      UOB to set up representative office in Vietnam
      236 7  -  By Soli Tiang Keng SINGAPORE United Overseas Bank (UOB) has received the go-ahead from the Vietnamese government to open a representative office in Ho Chi Minh City. -UOB, which plans to start business there in the first quarter of next year, will
      236 words
    • Article
      DBS in US$8m syndicated loan deal for Thai firm
      316 7  -  By Loh Hui Yin SINGAPORE DBS Bank and the Singapore branches of three foreign banks have lent US$B million (Ssl3 million) to a subsidiary of Saha Union group, one of Thailand's biggest conglomerates. The other banks involved in the syndicated loan
      316 words
    • SMALL CHANGE
      • Article
        Manila issues US$3b in Brady bonds
        68 7 1 MANILA The Philippines yesterday issued nearly USs3.3o billion (555.3 billion) in "Brady bonds" in London, complete ing a debt restructuring package forged with commercial; banks, a Central Bank official said here. The bonds, listed oil> the Luxembourg stock exchange, are expected to trade
        68 words
      • Article
        Nippon Credit Bank denies report
        100 7 TOKYO Nippon Credit Bank Ltd (NCB) yesterday denied a news report that it was involved in questionable loan dealsj "We don't think that we covered up bad loans," said a bank spokesman. "We are supporting restructuring of ailing nonbank affiliates and the steps we took
        100 words
      • Article
        Call to cut Japan's discount rate
        60 7 TOKYO The Bank of Japan should cut its official discount rate further to encourage the slowing economy, an influential Japanese business leader said yesterday. Masaru Hayami, chairman of the Japan Association of Cooperate said business sentiment in Japan had worsened following th£ delay in
        60 words
      • Article
        Pakistani exports to Malaysia
        57 7 KUALA LUMPUR The State Bank of Pakistan has laid down procedures for handling Pakistani exports to Malaysia! The Pakistani embassy said in a statement yesterday companies in Malaysia will be able to import from Pakistan 61 items made eligible through letters of credit to be opened
        57 words
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      86 7 It's the way we make you feel that makes us the world's favourite. I I British airways The world's favourite airline <^reßHNa^H>^Ss^m WEAR YOUR FAVOURITE SVIT (Heck, we're not stuffy. We welcome suits of all denomination. Three-piece, double-breasted, even the one s cut off above the knee. In fact, there
      86 words
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  • THE REGION
    • Article
      Thais seek to end privileges for US by amending treaty
      252 8 BANGKOK Thailand is seeking an amendment to the 1966 Thai-US Amity Treaty to end ownership and investment privileges granted to American companies in the face of pressure from the European Community and Japan demanding similar benefits, the Bangkok Post reported
      252 words
    • Article
      Lock icon Philippines' foreign investment down under Ramos
      210 8 AFP MANILA Foreign investment in the Philippines fell 12 per cent in the third quarter of 1992, despite currency and other reforms carried out by President Fidel Ramos, the Central Bank (CB) said yesterday. Foreign investments from July to September hit U*****.41 million (S$
      AFP  -  210 words
    • Article, Illustration
      Lock icon Protectionist Asean market possible if Gatt fails, warns Malaysian official
      256 8 Reuter KUALA LUMPUR The Association of South-east Asian Nations (Asean) may be forced to become protectionist if world trade talks fail, Malaysia's Deputy Minister for International Trade and Industry Chua Jui Meng said yesterday. "There will be a tendency for
      Reuter  -  256 words
    • NOTE BOOK
      • Article
        Thai phone privatisation deal gets 36 bids
        90 8 BANGKOK Thirty-six groups have submitted bids for a lucrative contract to oversee the privatisation of Thailand's telephone system, an official said yesterday. The 56 groups, comprising a total of 106 companies, had submitted their bids by the Monday deadline, the official from the
        90 words
      • Article
        Aung San Suu Kyi's life in danger
        84 8 LONDON The husband of Aung San Suu Kyi, the Myanmar dissident who won the 1991 Nobel Peace Prize, said on Monday that his wife's life was in growing peril because she was now refusing even her own family's offers of food and material
        84 words
      • Article
        Rebel's closest circle nabbed
        63 8 JAKARTA The Indonesian military in the former Portuguese colony of East Timor said yesterday that it had arrested 20 people believed to represent the immediate circle around recently-captured rebel leader Xanana Gusmao. "They are clandestines, close friends who helped him to hide," East Timor Military Operations
        63 words
      • Article
        Face value
        60 8 MANILA Beauty may be in the eye of the beholder, but three Philippine congressmen want to put a stop to government officials hiring or promoting staff on the basis of good Looks. The congressmen have filed a bill proposing that officials who use such a basis for promoting
        60 words
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      269 8 Place a Foreign Currency Deposit and be up and away to one of 66 SIA destinations. V fl F«nf wJnJ^m// m ."vJ%A r -> ,"TWBiytijtf e *i. M -i'•«'-«»%> <.*y >it,»»;f <y m M kkjL'- J* 1 HhS^P/ <■ BE* :j^jr" %^&<> '<* 4w^*^|s||lP^B^HHl^ All you have to do is
      269 words
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      Page 8 Advertisements Column 2
      181 8 tiieWen PhowiU SLICED rofik H E SHRED ded jelly saece SIC(ILAX HOT Hv'£7,/> MEAL SOUP IS CORS w/rn( R.\HxtM\j'HyM/r/<>\ M /ni ham SOLE DRIED RED Cllfl LIES IVUMPS 4 CHILLIES eh Hrr// sauce GARLIC SHELL < H.S' iH/ SLKrE. S t CE SHELL CLAMS STIRsk at syv Ipft me ■it
      181 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Hills' visit to Taiwan violates US pledge: China
      335 9 But party chief hopes for good ties with Clinton govt Reuter BEIJING China has accused the US of violating a pledge not to send high-level officials to Taiwan by dispatching Trade Representative Carla Hills on a controversial visit. Ms Hills arrived in
      Reuter  -  335 words
    • Article
      Lock icon US cites 12 nations for subsidised steel, imposes duties
      309 9 Reuter WASHINGTON The US Commerce Department has cited 12 nations for subsidising steel exports to the US and has imposed temporary duties on the goods. Those cited on Monday were France, Germany, Brazil, South Korea, Mexico, Sweden, Britain, Belgium, Spain, Italy,
      Reuter  -  309 words
    • Article
      Yeltsin's powers at stake as Russian Congress meets
      449 9  -  From John Helmer f". in MOSCOW THE Congress of People's Deputies, Russia's highest law-making body, was meeting at the Kremlin late yesterday to decide whether to trim President Boris Yeltsin's powers and reset the economic policy targets of his government. The emergency
      449 words
    • WORLD WATCH
      • Article
        Russia late again on repayment
        89 9 WASHINGTON The US Agriculture Department said on Monday that it has been notified that Russia had again failed to meet a deadline to repay US food loans, less than a week after Russia was suspended briefly from the credit programme for late payments. A banking
        89 words
      • Article
        Fewer jobs for Japanese
        73 9 TOKYO For the first time in nearly four-and-a-half years, Japan's economy is unable to provide a job for everyone who wants one, the clearest sign yet that recession is starting to sting ordinary Japanese. The government announced yesterday that the jobs-to-applicants ratio, a closely watched barometer
        73 words
      • Article
        S Korean industrial output up
        55 9 SEOUL South Korea's industrial output grew 3.2 per cent in October against 1.7 per cent in September, the National Statistics Office said yesterday. But the October figure was only 1.5 per cent up on the year, a faint shadow of the 18.4 per cent year-on-year
        55 words
      • Article
        North Korean nuclear fears
        66 9 SEOUL Intelligence officials say they have evidence that North Korea has built and attempted to camouflage new construction near its largest nuclear complex in an area near Yongbyon, 98 km north-west of Pyongyang. One South Korean source said a dome-shaped structure was of particular concern because
        66 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      553 9 PRIME NEW ZEALAND INVESTMENT 110 SYMONDS STREET 110 Symonds Street stands on the Northern slopes of the street enjoying grand views of the Central Business District, Auckland Harbour and Rangitoto Island. The availability of this New Zealand property for sale represents a superb opportunity to invest in a beautifully designed
      553 words
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  • Article
    Asia wants Uncle Sam
    459 10 EDITORIAL HERE is one war game that has fortunately remained just a game. Imagine the Asia-Pacific region as a massive chequerboard on which United States forces are being moved about. First move: shift the US Seventh Fleet, with its 60 ships and 130 carrier-borne aircraft, out
    459 words
  • WHAT THE OTHERS SAY
    • Article
      A middle-class dilemma
      272 10 IT SHOULD not surprise Singaporeans that the 1990 census has revealed them to be better off today than they were 10 or 12 years ago. After all, personal experience apart, there are constant reminders in the handsome buildings, the expensive cars and the well-fed and well-clothed populace.
      272 words
    • Article
      The crux of the problem
      113 10 THE move by the German authorities to ban neoNazis is long overdue, but crucial. The movement should have been curtailed right from the start. It tarnishes united Germany's image. It brings back memories of Hitler and World War 11. Germany cannot go on when many
      113 words
    • Article
      An important event
      116 10 BEFORE Chinese Premier Li Peng visited Vietnam, a Vietnamese newspaper editorial described the visit as an important event for China and Vietnam, as well as the Asia-Pacific. China has again become a very important country to Vietnam after the disintegration of the Soviet Union. As the two
      116 words
  • REGIONAL VIEWPOINTS
    • Article
      Dealing with rumours
      160 10 RUMOURS are not uncommon in Indonesia as the more usual channels of communication do not function normally. And because most of the rumours are not related to important subjects that concern the general public, we tend to treat rumour mongering as a source of entertainment, not as
      160 words
    • Article
      Saving Somalia
      182 10 THE United Nations and United States seem set to ejnbark on one of the most far-reaching adventures of recent ages. They seek not only to save the starving in the tragic East African state of Somalia but to try to build a nation. It is a project which
      182 words
    • Article
      Finding the right balance
      172 10 MORE than a year after the enactment of the Bill of Rights technically made its more offensive provisions unlawful and theoretically open to challenge in the courts, the Public Order Ordinance is still on the statute books unamended. Now after much deliberation, the Security Branch is
      172 words
  • Article, Illustration
    Major's many mistakes
    1028 10  -  British Prime Minister John Major and his Cabinet are beginning to resemble actors in a comedy routine, writes Neville Sack Neville Stack MOST politicians occasionally paint themselves into corners, score own goals, shoot themselves in the foot and make U-turns. But it takes a John Major to
    1,028 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      43 10 DOONESBURY GARRY TRUDEAU Aige/j A MOPERATE ■ME A LOOK! ft*? TRUE I H UNPERTHE REPUBLICAN! QAhMfT, AND XXI I PONT HAVE MUCH POUCY H PATRONAGE LAC&S PRAC- VMTHE P&fTLOOK M I EXPERIENCE, BUT I PIP A OF A WELL' TKALLYA RIGHT IT, ETTHER.
      43 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon A giant awakens
      2271 11  -  A special survey of China looks at the phenomenal growth of the Chinese economy and how it might become the world's biggest in 20 years' time. Jim Rohwer reports Jim Rohwer The Economist AS FAR as anyone can guess, it was around 1500 that Europe overtook China
      The Economist  -  2,271 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      181 11 PRIME nCMf%OAfTf it« District 1026 District 1025 HESIUCNTIAL Land Area: 146,627 sf Land Area: 99,900 sf ftpuwyign A double-storey bungalow with 2 units of double-storey bungalows PnOrCM/lCu annex, swimming pool and tennis and a swimming pool. Good af\gr\r- court. Good potential for multiple potential for multiple bungalow ffV VffKrlvC bungalow
      181 words
    • Advertisement
      Page 11 Advertisements Column 2
      23 11 If you're planning for an exciting career move, The Straits Times APPOINTMENTS is just the place to start looking for that perfect position.
      23 words
    • Advertisement
      Page 11 Advertisements Column 3
      372 11 GIH TOUR EKE IHE EXECUTIVE TREATMENT Omintshed worry lines M H leading to fine,ines Removed Jj| the took d Diminishedved baggy eyes w the onsets furrowed K4f stress lines Removed- SL openporet and biackheads I Drru.-xshed Removed the tormaton c< the start of age sags the double chrf look jf
      372 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      923 12 Nothing Beats A Bud. where to wine, dine L At the Seafood Theatre, our newest offering is also our oldest. Introducing our newest Of course, we still offer you Daily Special: Traditional all the other exquisite Chinese'style Herbal cuisine like Seafood S° U P** fl delicacies, Sharksfin dishes, A nutritious
      923 words
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      Page 12 Advertisements Column 2
      269 12 iwigSrt SIOO/SSSnett per person Non®in"*i SJBT Nw $35 nett per person V| For reservations. please call us *****330r*****1l >731 1 DECEMBER '92 map* Lions Charity Gala Dinner In Aid of V the Lions Home for _lw 188 IN. the Elders Building Rind 7ik fcwr l>rn*» L'm fVmvr C.*>r» gw< '"W"
      269 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      599 12 TELEVISION AND RADIO I_ SBCI2 «.S3f& BUSINESS ON RADjO oCll poriid.ll; ss osso.*.* 4S <ReliBious pro 8.00 BeOby Keaaady: In His Own 10 30 W«rtMitl«y 5 7.10 CaMe Hm World Business Report HHT Words (See Our Choice). a n < Sterco See ur (Cartoon). 9.00 Bon Voyage! We discover how
      599 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Lord Byron of rock-and-roll
      938 13  -  Songwriter Leonard Cohen offers agrim picture of the future in his new album. Karen Schoemer reports Karen Schoemer NYT Leonard coHEN stopped to smell a rose. He was in the middle of a train of thought, but the lure of blood red petals, the possible prick
      NYT  -  938 words
    • Article, Illustration
      Lock icon Less pasta please, we're Italians
      557 13  -  Italians are developing a taste for red meat and paying the price for it, reports Frances D'Emilio Frances D'Emilio AP WHAT'S that you say? Hold the fettuccine and fork over the French fries? Skip the spaghetti and slap on a steak? While America's passion for
      AP  -  557 words
    • Article, Illustration
      Sinead O'Connor donates mansion to Somalia relief effort
      519 13 CHATtatBOX IRISH rock star Sinead O'Connor rang a television charity appeal in London yesterday and donated her Hollywood mansion to help starving Somalia. Sinead contacted the This Morning programme on Monday after watching a Red Cross plea for money to help famine-stricken
      519 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      216 13 AND ENTERTAIN t l Bfrr v jMPm V -> '#ste v JH #i •I Spicing It Upi ii Wednesdays are a spicy issue with mouth-watering J! concoctions like Rendang, Curry Ayam and Sambal Ikan Bakar to tempt your appetite. •t J! Buffet Lunch from 12 pm at S 19.50++ Buffet
      216 words
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      Page 13 Advertisements Column 2
      27 13 Studies suggest certain cancer rates are growing as a result of the change in diet, especially in those areas that have strayed most from the Mediterranean palate.
      27 words
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      Page 13 Advertisements Column 3
      171 13 When you convention with us... j i A ...everyone is a winner. You win on the best choice beach location for your conference venue in Langkawi or Cherating. You win on luxurious accommodation with modern amenities and the shimmering blue sea and golden sands as your playground. 258 sea view
      171 words
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  • Page 14 Advertisements
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  • THE LAW PAGE
    • Article, Illustration
      The age of majority
      1484 15  -  Does infancy end at 21 or 18? Walter Woon explains why, in legal terms, no one can say for sure Walter Woon The writer is vice-dean of the National University of Singapore's law faculty and a nominated MP STRANGE as it may seem to the layman,
      1,484 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      200 15 The Rules Say You Can't Become A World Leader In Just Ten Years. So Sim Changed The Rules. TEN YEARS AGO, we at Sun Microsystems set out to achieve the unthinkable. To bring to the world the first client-server computing platform that was truly open. The rules (and the you-know-whos
      200 words
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  • FOCUS
    • Article, Illustration
      Lock icon US gets mixed message from capital spending
      870 16  -  Investment in America has shot up, reports Louis Uchitelle, but business is reluctant to believe that this will herald a recovery Louis Uchitelle, NYT IN THE midst of the uncertainty about the American economy, capital spending the money that Corporate America invests in
      NYT  -  870 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      326 16 Now you can sing your heart out at our sleek jp Karaoke Pub and enjoy your own renditions ill 1112 m of hot hits. Sharing the limelight is Sue Parry, IM Australia's favourite girl with the f /r golden voice. Watch her sizzle, belting out top hits and your r
      326 words
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  • SPORTS
    • Article, Illustration
      Lock icon Visitors guaranteed a fair deal
      470 17 Sydney's bid for Olympics 2000 Reuter, SYDNEY Charges for accommodation, meals and tourist services will be capped to guarantee visitors a fair deal during the 2000 Olympic Games here if Sydney's bid to stage them is successful, the New South Wales government announced yesterday. The
      Reuter,  -  470 words
    • SIDE LINES
      • Article
        Roland Garros extension to proceed
        101 17 PARIS A court ruling stopping extension work on the Roland Garros tennis courts, considered crucial for the future of the French Open, was overturned on Monday. The State Council, France's highest administrative appeal court, annulled a ruling by a Paris tribunal following action by two
        101 words
      • Article
        Robertson to call it a day
        74 17 CARDIFF World number four Chris Robertson has been forced to quit squash because of an arthritic hip complaint. The Cardiff-based Australian, 27, has not played since losing to Jansher Khan in the British Open final in April and after an exploratory operation is retiring
        74 words
      • Article
        Facelift for pentathlon
        58 17 AMELIE-LES-BAINS, France Modern pentathlon, worried that it has become an outdated sport, is planning an Olympic facelift in an attempt to become more attractive. Faced with the possibility of losing Olympic status, the International Modern Pentathlon and Biathlon Union (UIPMB) held a make-or-break congress in southern France
        58 words
      • Article
        Not a merry Christmas
        65 17 MARANELLO, Italy Almost 1,000 Ferrari workers will be laid off for 10 days before Christmas. The Italian sports car maker announced on Monday that the temporary lay-offs will be the second in two months. Some 950 of the firm's workers at the Maranelk) plant in northern
        65 words
    • Article
      Lock icon Smouldering dilemma over tobacco money
      806 17 AFP PARIS Athletes and sports leaders worldwide are facing up to a growing moral dilemma over the money they receive from tobacco companies. While evidence mounts over smoking-related deaths, many sports and top competitors are embarrassed at the links. But they fear their financial lifeline
      AFP  -  806 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      160 17 aPW§y I 10,000 FOR A SUITE 1,000 for a room." That's what some hotels charge for a night's stay. Which is fine with us if it's all right with you. But the Concorde operates on a different philosophy we appreciate the value of money, just as you appreciate value for
      160 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Hang Seng plunge casts shadow over local bourse
      3853 18  -  By Shoeb Kagda FEARS of a spillover from Hongkong's sharp plunge dampened sentiment in the Singapore stock market yesterday in stark contrast to Monday's heady rise. The benchmark Straits Times Industrials Index slipped 5 points to close at 1,464.07 yesterday, after rising
      3,853 words
    • Article, Illustration
      Lock icon HOT STOCK
      88 18  -  By Anthony Pang THIS IS one stock whose long-term price trend is solidly upwards. The counter has advanced from a low of about $1.10 in 1988 to the current $6.00$7.00 level, with declines that were short and temporary. After foiling to a 1992 low of $5.05 in August,
      SOURCE: BRIDGE INFO  -  88 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      39 18 Your Portfolio... Mondial. The source for the acquisition of internationally certified G.I-A., an d l-G.I. diamonds, emeralds I and other gemstones. Main Showroom. Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax: 737 5138
      39 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3170 19 OCBC Foreign 1230 +30 2.5% BAT 21c 655 +15 2.3% S1A 1340+10 0.8% SIA Foreign 1650 +10 0.6% SPH Foreign 1510 +10 0.7% Courts 20c 92 +8.5 10.2% QAF Ltd 40c 74.5 +8.5 12.9% Cerebos 25c 388 +6 1.6% B Sembawang 735 +5 0.7% Kim
    3,170 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      36 19 W~ j B t\wi B w»M I w tUKi/t*LWI ell II <* VKHI KiHI ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      36 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3369 20 Dunlop Est 540 +20 3.8% NST 390 +10 2.6% M Cement 50c 300 6 2.0% M Resources 143 +6 4.4% MISC Foreign 464 6 1.3% CASH 50c 74.5 +5 7.2% Magnum Corp 50c 625 +5 0.8% Pub Bk Foreign 152 +4 2.7% Sei Properties 135
    3,369 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      870 20 BjmNESsnk^s Toll free Tel No 737 0043 Fax No: 734 3698 EU YAN SANG HOLDINGS LSI (TED (Incorporated In the Republic of Singapore) NOTICE OF CLOSURE OF BOOKS NOTICE IS HEREBY GIVEN feat the Loan Stock Transfer Books and the Register of Loan Stock of toe Company wfll be dosed
      870 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Forged share scrip affair cools market sentiment
      5415 21 Bernama INVESTORS' caution on the emergence of tampered share certificates and a further consolidation of the local bourse took share prices in Kuala Lumpur to a lower close yesterday. The KLSE Composite Index at the close dropped 4.66 points to 637.23, the Industrial
      Bernama  -  5,415 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      275 22 Company Oat* Year Group Not Not earnings Gross ann to profit/loss per share dividend (000) (cents) j Goodwood Park Nov 20 Sep 92 $22.110($22.137) 49(49) 80(80) 5 H Msia Nov 28 Sep 92 $7,523(1429) 45 6(26) 50(15) Metal Ctainers Nov 25 Jun 92 S2.406L ($7.373L) 1(05) Jaya Hldgs
      275 words
    • Article
      PRELIMINARY RESULTS
      133 22 Company Date Year Group Net N«t Minings Gross ann to profit/loss per shore dividend ('000) (cents) Times Pub No* 20 Aug 92 $24,168(535.903) 19.9(29.5) 10(10) ABB Nov 14 Jun 92 MJ334KJ11.495) -(22.4) 5(12) NSI Nov 16 Aug 92 MJ68.894 (555.298) 38(31) 20(10) Kemayan Nov 16 May 92 MJ23,461L(5457L)
      133 words
    • Article
      DIVIDENDS ANNOUNCED
      964 22 Current Ex Baafcs Date Total tar Tate! tar payment date dasa payaWa the year last year MS8 51(b) Jan 8 Jan 22 Jan 29 5% 12% Ami Sted 50c 12%(b) No* 19 Dec 3 Jan 2 12% 12% Amtek Em 20c 61TE Dec 4 Dec 10 Dec 30
      964 words
    • Article
      INTERIM RESULTS
      204 22 Company Date Half-year Group Not Interim ann to profit/loss dividend (000) Metro HWgs Nov 27 Sep 92 $3,661(51,938) Transmarco Nov 27 Sep 92 $2,243(52,207) PMRI Nov 27 Sep 92 M$l,257($4,868) 5(5) Faber Group Nov 26 Sep 92 M$6.413($3,358) K KeHas Nov 26 Sep 92 M$ll,762($12,809) Renong Nov 26
      204 words
    • Article
      RESULTS FORECAST
      150 22 ..Main Board List M Year Forecast I fat* Net fatPratt EPS mmi 1m EPS Gran proSt Ragt lap Cmmm Mod Up mtag (cts) «v (VIM) (SSa) (cts) I Marco No F Nov 18 Dec 92 1.8 1.5 4.925 4.5—7.5 1.2—2.0 j,CM F Dec 10 Sep 92 41.1 17.0
      150 words
    • Article
      OTHER RESULTS DUE
      424 22 Mm Board L»t M Ye* Com P(fM tot 1m EPS Grass Met MMwetd Ming (cts) i» prait tot (S$'M#) EMS hnal Nov 6 Jul 91 3 0TE 17.8781 Vkfi Interim Sep 10 Dec 92 5.3 5.0 4.436 CP Batteries Interim Nov 11 Mar 93 41.3 11.8TE 13.952
      424 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      829 22 Trans Registered Substantial Buy/ No. ef Amount Shareholding Stack Data Holder Shareholder/Director Sail shares Before After r Amtek Eng. 27/11/92 Tan Soo Kiang Tan Soo Kiang S 100.000 181.300 3.507.600 0 00 3.407.600 0 00 DBS Foreign 26/11/92 0CB Nominees Temasek Holdings B 20,000 256.256 109,033,089 20
      829 words
    • Article
      CORPORATE DEVELOPMENTS
      551 22 Not 25 Sembawang Group has signed a memorandum of understanding with Bechtel Enterprises to cooperate in infrastructure development projects in the Asia-Pacific. Nov 24 OUE is to set up a joint-venture company to acquire a Beijing hotel. Partway HMgs will build a hospital and medical centre in Kuala
      551 words
    • Article
      APPROVED ISSUES
      522 22 Company Rights Issue Urn Tech Three tor five SI 00 per share b<late Dec 10 Bks Close: Dec 22 Acceptance and Payment NYA GuOne GTS One tor-one JO 23 per share Ex-date: Nov 26 Books dose: Dec 8 Acceptance t Payment NYA krone Em Onekx live fe {2.10
      522 words
    • Article
      PROPOSED ISSUES
      443 22 Company Rights Issue Aral Steel One tor three M$2 2C pet share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscription Rights (TSR) for an aggregate price of M$1 per CRPS with one TSR. on the basis
      443 words
    • Article
      COMPANY MEETINGS
      208 22 Setron Bhd: EGM at the Conference Room, Lot 17, Jalan 51A/227, ***** Petakng Jaya, on Wednesday, December 2, at 10.30 am Pentei-Schweim Crcuits Ltd: 10th AGM at the Boardroom l/l. Level 3, the Regent Singapore, 1 Cuscaden Road (oft Orchard Road), Singapore 1024, on Wednesday, December 2, at
      208 words
    • Article
      SCRIPLESS CONVERSIONS
      110 22 Con vers km Special Trdg Scripies* Conversion deadline Period Trading Company starts (IDP) (ST) starts Alliance Tech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Bonvests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Chemical Ind Nov 9 Dec 3 Nov 23 Dec 3
      110 words
    • Article
      RECORD HIGHS & LOWS
      143 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1M7 Mi- 1545 92 (27/1/92) 1992 h* 1316.68 (21/2/92) J** OR/8/92> 1992 tow: 1122.50 (18/8/92) J"F gMg 1991 hijh: 1333.08 3/6/91) |g| Jf ll/|/3l) 1991km: 1022.52 (16/1/91) jjf™ (27/3/90 1990 Njh: 1435.43 (16/7/90) Jg Jf g™ (110 90 1990 km; 981.07
      143 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 22 In local cure In S$ In USS dy yr dy yr dy yr ■Nov 30 Index chge chgt ihgt c hgt hgt ihgc World 391.3 0.5 -4.2 0.4 -6.9 0.4 -7.9 1EAFE 458.4 0.9 -8.7 0.8 -13.3 0.9 -14.2 Europe 425.1 0.7 3.4 0.9 -8.2
      362 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shanghai A Index closes lower on profit-taking PRICES
      420 23 CLSA THE Shanghai A shares were marginally lower yesterday on the back of some profittaking in the market. The CLSA Shanghai A Index closed the day down 1.15 per cent at 4,703.27. Jinlin's listing today kept local investors sidelined. The A share
      CLSA  -  420 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices close mixed amid Summa fears
      1083 23 Reuter STOCKS ended mixed yesterday and brokers said the market had still not recovered from the near collapse of Bank Summa and its effect on PT Astra International. The Official Index closed at 284.35, down 1.25 points from Monday's 285.60. "I think at the
      Reuter  -  1,083 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks end slightly lower in thin trade
      2069 23 Reuter MOST STOCKS traded lower in the afternoon yesterday and the index finished almost unchanged from the opening in a quiet market, brokers said. The SET Index lost 3.88 points, or 0.45 per cent, to 861.33 on thin turnover of 4.02 billion baht.
      Reuter; Source: Bridge Info  -  2,069 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      178 23 YOUR VERY OWN HASSLE-FREE ELECTRONKJMEWS-CUPPIN^^E^ICK If news and other pertinent information on companies listed on the Stock Exchange And for M subscription fee of onlg $250 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised
      178 words
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      Page 23 Advertisements Column 2
      5 23 Pdge prices provided by -tei_erate
      5 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Profit-taking drives Nikkei lower
      2542 24 Reuter TOKYO stocks succumbed to profit-taking and closed near the day's lows yesterday. Brokers said a downward correction was natural, following recent strong gains, and underlying sentiment remained firm. Investment trust sales and futures-linked selling also squeezed prices. "Basically, the market is long overdue for some
      Reuter  -  2,542 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market plunges on panic over China
      2382 24 Reuter STOCKS ended 5 per cent lower yesterday after a day that saw investors fleeing Beijing's wrath. The market crashed 7 per cent by early afternoon, before late bargain-hunting and a technical rebound threw shares a lifeline. The blue-chip Hang Seng Index ended 308.92
      Reuter  -  2,382 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices close lower on weak Aussie dollar
      2050 25 Reuter STOCKS were dragged lower again yesterday by a weak local currency in afternoon trade after a brief revival sparked by better-than-expec-ted economic data. "This morning's releases were mildly positive, but people are nervous because of the weak Australian dollar," Austock Broker's
      Reuter; Source: Bridge Info  -  2,050 words
  • REGIONAL STOCK MARKETS
    • Manila shares up as market bottoms out
      • Article
        MANILA
        569 25 SHARE PRICES rose yesterday as selling pressure eased and investors re-en-tered the market for bargain-hunting in active trade that may last until the end of the week, brokers said. "Finally, we see some brokers smiling," said Patrick Garcia, an analyst for LM Garcia and Associates. "The selling pressure was
        569 words
      • Article
        TAIPEI
        433 25 STOCKS closed lower across the board on moderate selling yesterday. Turnover remained very thin as many players stayed on the sidelines, brokers said. The Weighted Index opened lower and ended 28.25 points down at 3,646.76, off an intra-day low of 3,633 points. Turnover was NT56.34 billion against Monday's NTS6.4B
        433 words
      • Article
        SEOUL
        794 25 CENTRAL BANK reluctance to cut its rediscount rate dragged the stock market down in moderate turnover yesterday and left brokers unsure of today's direction. "The news that the Bank of Korea will not lower any interest rates chilled investor sentiment," said Kim Ducksun of Hyundai Securities. The Bank of
        794 words
      • Article
        NEW ZEALAND
        301 25 MIXED performances among leading shares and in the broader market left the New Zealand share market lower at the close yesterday. Brokers said the market is basically consolidating and they expected it to continue to do so after rising strongly l(ist week The NZSE-40 Capital Index closed down
        301 words
      • Article
        BOMBAY
        106 25 INDIAN stock prices advanced yesterday but traders said the Bombay Index was likely to move within a range of 100 points over the next three weeks as concern over the Ayodhya Hindu-Mus-lim shrine dispute resurfaces. Traders said many investors were likely to reduce their holdings ahead of the closure
        106 words
      • Article
        Untitled
        48 25 Owe Prrriow Dec 1 NEW ZEALAND NZSE-40 Capital 1.539.34 1.347.37 MANILA Composite Index 1.266.48 1.263.58 +2.90 Turnover (mil pesos) 168.6 236.29 -67.69 TATE1 Weighted Price Index 3.646.76 3.675.01 -28.25 Turnover (NTS billion) 6.34 6.48 -0.14 SEOUL Composite Stock Index 659.93 663.36 -3.4J Turnover (billion won) 545.81 484.04 +61.77
        48 words
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  • WORLD STOCK MARKETS
    • Dow extends Thanksgiving Day rally
      • Article, Illustration
        NEW YORK
        1285 26 THE stock market overcame a midday stall on Monday and closed with solid gains to extend its Thanksgiving Day Vally. Volume was heavy. The Dow Jones Industrial Average, Which rose 15.94 points last Friday, added 22.96 points to 3,305.16 its first close above 3,300 since Sep 21, when
        1,285 words
      • Article, Illustration
        LONDON
        754 26 SHARE prices jumped in London on Monday to a record high on hopes that consumption in Britain would pick up, following figures showing the M 0 money supply higher. At the close, the FT-SE index of 100 leading shares was up by 18.7 points to the record high closing
        754 words
      • Article
        Untitled
        236 26 Nov 30 Clow Previous NEW YORK Dow Jones 3,305.16 3.282.20 +22 SAP 500 431.35 430.16 +1.19 Turnover (million) 237.6 106.0 +131.6 LONDON FTSE 100 2.778.8 2.760.1 +18.7 FT-30 2.095.9 2.077.5 +18.4 Turnover (million) 633.3 662.8 -29.5 FRANKFURT DAX Index 1.544.34 1.522.95 21.39 AMSTERDAM EOt Index 278.16 276.68 +1.48 PARIS CAC-40
        236 words
      • Article
        FRANKFURT
        225 26 THE Frankfurt stock market started the new trading week off with a bang on Monday, as the DAX spot trend index finished at 1,544.34 points, up 1.4 per cent from the Friday close. The Commerzbank indicator tacked on 20 points to finish at 1,715.10 points. But dealers said the
        225 words
      • Article
        MILAN
        170 26 ITALIAN shares closed mostly lower in scant turnover on Monday, hit by lack of buying incentives and overhung by currency tensions, dealers said. But a mild recovery lifted many prices off early lows. The MIB AllShare Index fell 1.03 per cent to close at 863. "It's been the kind
        170 words
      • Article
        AMSTERDAM
        275 26 SHARES closed ahead but volumes were thin on Monday as a news-packed session generated more talk than trade, dealers said. "People are missing out on some nice days on the maiicet. Looks like some have already gone into hibernation," said Armand Beks of Bangert, Pontier en Partners. The EOE
        275 words
      • Article
        PARIS
        246 26 THE Paris Bourse overcame an early fall on Monday to score a firm advance on the day, as the CAC 40 stock price index finished at 1,771.37 points, up by 1.24 per cent by comparison with the Friday close. The indicator had been off by 0.36 per cent at
        246 words
      • Article
        ZURICH
        272 26 SWISS shares closed about one per cent higher on Monday. But dealers said business was quiet ahead of this Sunday's referendum on Switzerland's membership of the European Economic Area (EEA). The SPI closed at a final 1,151.2 points. The SMI stood at 1,931.2. Insurers were in demand late in
        272 words
      • Article
        STOCKHOLM
        141 26 SWEDISH shares rose in active trade on Monday, but closed off the day's highs. A stronger dollar and gains on overseas bourses added to an already underlying positive tone from when Sweden floated its crown on Nov 19. The All-Share Index rose 1.95 per cent to 898.51, and the
        141 words
      • Article
        BRUSSELS
        145 26 BELGIAN shares, lacking news to steer the market, ended a quiet session marginally higher on Monday. The Bel-20 Index of leading shares closed 2.49 points, or 0.22 per cent, higher at 1,128.05 with 715 million francs worth of Belgian shares traded. Electric utility Electrabel, up 0.2 per cent to
        145 words
      • Article
        JOHANNESBURG
        329 26 KEEN buying interest in diamond giant De Beers and other index-linked blue chip shares lifted th* Johannesburg Stock Exchange market higher in steady Monday trade with the All-Share Index climbing 58 points, or 1.85 per cent to 3,192. A continued insatiable appetite for quality industrials, especially the thinlytraded stocks,
        329 words
      • Article
        TORONTO
        274 26 STOCKS recovered from marginal midday weakness on Monday, buoyed by strong base and precious metal stocks, dealers said. "The real strength in the Canadian market was the base metals stocks Inco, Cominco, Alcan," one trader said. The TSE 300 climbed 6.3 points to 3,282.8 on volume of 32.6 million
        274 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends firmer but off early highs in Tokyo
      1149 27 REPORTS ASIA Illlßi Tokyo: The US dollar yesterday came off early highs on light profit-taking sales but ended slightly firmer against the yen and the mark in relatively quiet trade. Dollar demand for commercial settlement purposes gave an initial jump
      1,149 words
    • Article
      INTERBANK FOREX RATES
      394 27 Cross rates USS SS MS Dm Yen SFr AS NZS USS 1.6380 2.5350 1.5910 124.60 0.6605 1.4370 1.4641 1.9531 SS 0.6105 1.5476 0.9713 76.0684 0.4032 0.8773 0.8939 1.1924 MS 0.3945 0.65 0.6276 49.1519 0.2606 0.5669 0.5776 0.7705 Dm 0.6285 1.0295 1.5933 78.32 0.4151 0.9032 0.9203 1.2276 Yen
      394 words
    • Article
      MONEY MARKET
      590 27 Interbank rates S£ Bid Offer Overnight 1/8 1/4 1-month I 7/8 2 2-month 2 1/16 2 3/16 3-month 2 3/16 2 5/16 Overnight mode: 1-1/2 ISS Bid Offer 7 days 3 3/16 3 5/16 1 month 4 5/16 4 7/16 2 months 4 4 1/8 3 months 4
      590 words
    • Article
      Lock icon Reserve Bank acts to protect Kiwi dollar
      278 27 Reuter WELLINGTON The Reserve Bank yesterday launched a verbal defence of the New Zealand dollar which economists described as the first shot in a battle to avoid being dragged down by a weak Australian dollar. The bank, which has independence to pursue the
      Reuter  -  278 words
    • Article
      FINANCIAL FUTURES
      1536 27 SIMEX EUWOOOU-AW Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.00 96.02 96.00 96.00 2500 6606 ***** Mar 93 96.04 96.05 96.03 96.03 6400 ***** ***** Jun 93 95.56 95.58 95.55 95.55 3400 ***** ***** Sep 93 95.07 95.10 95.06 95.06 2700 3687 5117 Dec 93
      1,536 words
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  • COMMODITIES
    • Article
      Lock icon Russia unlikely to cut grain purchases
      370 28 Reuter LONDON Russia is unlikely to reduce significantly its world grain purchases in the short term, said Alexander Kudelya, first vice-presi-dent of the Russian state procurement organisation, Roskhleboprodukt. In London to attend the three-day 118 th International Wheat Council (IWC) and the 65th session
      Reuter  -  370 words
    • Article
      Lock icon Chile Copper Corp seeks partners
      186 28 Reuter SANTIAGO Chile Copper Corp (Codelco) will invite 15 private companies this week to form joint ventures for two gold and two copper projects in northern Chile, Jorge Bande, the company's vice-president for planning and development, said last Friday. Offers for the two gold deposits,
      Reuter  -  186 words
    • Article
      Lock icon Pakistan will not cut cotton exports
      103 28 Reuter ISLAMABAD Despite a lower than expected crop, Pakistan will not cut cotton exports, a senior government official said last Sunday, dismissing rumours that have sent prices soaring in the Karachi market. The crop is not so bad, especially after damage by floods in
      Reuter  -  103 words
    • Article
      KL tin drops three sen on higher offerings
      767 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market shed three sen to close at M$ 14.02 per kg on higher offerings yesterday. Dealers said the market was weak following the lower London Metal Exchange which dropped US$l5 overnight on
      767 words
  • Article
    PRICES
    1482 28 Rubber HAS Commodity Exchange (future doting as at l»w) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 92 0.00 0.00 144.75 600 1.875 Jan 93 0.00 0.00 144.75 0 3.900 Feb 145.00 145.00 144.75 900 4,650 Mar 0.00 0.00 145.00 0 5,025
    1,482 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      114 28 BUSINESS TIMES Toll tree Tel No 737 0043 'Fax No: 734 3698 WHATS IN Find out in Personal Investment and Finance. Every Saturday in Business Times FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore
      114 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1113 29 Ctty Flight ETA FlfcM ETO Ctty Flight ETA FHtfct ETO Ata MmW GA983 1100 GA974 0040 SQ103 0950 MH604 0740 MH605 1020 SQ104 0630 SQ227 2230 SQ105 1050 MH670 0950 AHMB RJ182 1440 MH642 1220 SQ106 1045 > 5525 so 109 1405 sqios 1145 KL837 1515
    1,113 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Fitting final testimonies
      512 29  -  LETTER FROM ACCRA By Gill Tudor FANCY being buried in a giant lobster, complete with spiny pink feelers? Or a plump yellow cocoa pod? Perhaps a Mercedes limousine? When it comes to coffins, some Ghanaians have a flamboyant idea of how they want to make their final
      512 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 10am yesterday: Local dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.1170 1.1327 Canadian dollar 1.2555 1.2810 NZ dollar 0.8286 0.84S5 Sterling pound 2.4649 2.4995 US dollar 1.6320 1.6420 Local dollars to 100 units of foreign currency Austrian schilling 14.40
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      50 29 Duration Title Venue Organiser Tel Duration Title Venue Otganiser __Td Jan 7-10 Autosports Birmingham Ha>market 071-*****20 Jan 20-23 British Education Barbican EMAP Intl 071-*****47 International Exhibitions, (fax) Training Centre, Exhibitions Ltd, Teddington TW11 Technology London London K£?-2TSS. X ass Boat Show place. Thorpe Oes-m.b.h. Kotn Lea Road
      50 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      49 29 Finnair the only Scandinavian airline flying wide bodied aircraft to Europe. Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      49 words
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      Page 29 Advertisements Column 2
      18 29 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      18 words
    • Advertisement
      Page 29 Advertisements Column 3
      293 29 17 18 February 1993 The Oriental Singapore Having That Competitive Edge How to successfully apply imaging technology Conference Highlights in your information management systems How imaging can improve bottom line performance Key Participants Imaging and business re-engineering Integrated Process and Retrieval Systems Micro Integrating image and workflow Dynamics Lid, U.S.A.*
      293 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      218 29 10 Old German has nothing, but he on airs (4) -VV—— President honour 15 No, when one comes to 18 Compelling need to link __■H— 24 Preference for and arsenic (4) 25 Pleasant Democrat likely 26 j 26 The day before getting new 7 Country makes appeal to 23 Present
      218 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      169 29 Singapore Outlook: Windy with showers over a few areas in the afternoon. Report: Maximum temperature 30.3 Assoc humidity 63% Minimum temperature 23.7 Assoc humidity 91% Hours of sunshine 4.25 Rainfall in mm 0.3 Rainfall this month 0.3 Rainy days this month I World report Asia-Pacific Hi/Lo* Cond. Auckland 20/15 Cloudy
      169 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      17 29 i gpgjkt! a&JejR ptggjrjwe)\R GOOD JS N&\/E* e ASSOC IAT E D NEWSPAPERS LTD, IM2-IW2 fcliA—. >B
      17 words
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  • Article, Illustration
    Lock icon China will not fill power vacuum in Asia: Li Peng
    471 30 Chinese and Viet leaders meet in two-hour closed-door talks Reuter, AFP HANOI Chinese Premier Li Peng held closed-door talks with Vietnamese Prime Minister Vo Van Kiet yesterday after assuring him Beijing had no expansionist plans in Asia. There were no
    Reuter,; AFP  -  471 words
  • Article
    Lock icon LDP majority helps clear delayed Japanese budget Bill
    331 30 Reuter, AFP TOKYO Prime Minister Kiichi Miyazawa's supplementary budget Bill cleared a key parliamentary hurdle when the Lower House budget committee approved the 2.07 trillion yen (Ss27 billion) extra fiscal spending on the strength of the ruling Liberal Democratic Party's (LDP) majority
    Reuter,; AFP  -  331 words
  • Article
    Lock icon China tightens tax breaks for foreign investors
    304 30 AFP BEIJING The Chinese government will draw up regulations this week to clamp down on unauthorised tax breaks given to overseas investors since the start of the year, an official newspaper said yesterday. In the rush to take advantage of China's acceleration of
    AFP  -  304 words
  • Article
    Lock icon Yeltsin seeks more power for govt and less for Congress
    385 30 AFP. Reuter, AP MOSCOW Russian President Boris Yeltsin went on the attack in Parliament yesterday, appealing for greater powers for himself and his government and urging limits on the authority of the full Parliament. Before delivering his keynote address, he
    AFP.; Reuter,; AP  -  385 words
  • Article, Illustration
    Clinton's policy likely to hit trade ties with Seoul
    731 30  -  The Bottom Line INBOM CHOI INBOM CHOI The writer, a research fellow at the Korea Institute for International Economic Policy, contributed this commentary to BT. BILL CLINTON'S victory in the United States presidential election will not just bring about changes for
    731 words
  • Article
    Lock icon US may sign trade accord with Taiwan
    271 30 Reuter, AFP TAIPEI US Trade Representative Carla Hills agreed in principle yesterday to a US-Taiwan accord allowing Taipei to escape trade sanctions, a minister said here as Ms Hills continued a visit to Taipei that has angered China. "The US Trade Representative has
    Reuter,; AFP  -  271 words
  • Article
    Lock icon UN imposes sanctions on Khmer Rouge areas
    121 30 NYT, AFP UNITED NATIONS The Security Council has imposed trade sanctions on areas of Cambodia controlled by the Khmer Rouge, the muchfeared communist guerilla force, and said it would push ahead with free elections next year in the rest of the country without
    NYT,; AFP  -  121 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      375 30 LkJj foto t\ LidlMiN 3 [cj fey SHANGHAI INVESTORS' OPPORTUNITY With a population of 13.8 million, the cosmopolitan city of Shanghai offers unparalleled opportunities for investors to tap the rapidly expanding domestic market of China. Its potential for growth is a lucrative target for forward-looking investors who are ready to
      375 words
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      Page 30 Advertisements Column 2
      10 30 Yeltsin's powers at stake as Russian Congress meets, Pg 9
      10 words
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      Page 30 Advertisements Column 3
      130 30 Qj-Hc\MAL jIMAM^ Hills 1 visit to Taiwan violates US pledge: China, Pg9 Under instruction from Shell Eastern Petroluem of Singapore PRIME DEVELOPMENT SITE Location: Woodlands Road/Bukit Timah Expressway (Near to the Causeway and the proposed Marsiling MRT Station) Site Area: 47,955.2 sq m (516,185 sq ft approx.) Tenure Freehold Zoning
      130 words
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  • Shipping Times
    • Article
      Anera puts off extending currency surcharge
      350 31  -  Move a result of protest from Korean, Taiwanese shippers By Juliette Walker SINGAPORE Members of the Asia North America Eastbound Rate Agreement (Anera) have postponed expanding their currency adjustment factor to cargo originating in Korea, Taiwan and Malaysia. Effective Dec 1 for tariffrated cargo,
      350 words
    • Article
      Lock icon Plutonium ship now in Indian Ocean
      174 31 UPI KUALA LUMPUR The Japanese freighter Akatsuki Maru en route from France to Japan carrying 1.7 tons of plutonium has entered the Indian Ocean, a statement by Greenpeace said. The ship and its accompanying security vessels was located 150 nautical miles south-southwest of Mossel
      UPI  -  174 words
    • Article
      Thai govt urged to boost marine insurance industry
      515 31 BANGKOK The government should encourage Thai importers and exporters to buy insurance policies from local insurance firms to help reduce the country's international trade deficit and boost the local marine insurance industry, says a Thai Farmers' Bank report. In Thailand the marine
      515 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1173 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 S Asian Break-Bulk 16 5 ASCL 5 5 ASXCL Shpg IS 2
      1,173 words
    • Article, Illustration
      Port Klang completes 2nd phase of privatisation
      397 31 KUALA LUMPUR All operations and some support services handled by the Klang Port Authority (KPA) in Port Klang near here were taken over by the Klang Port Management Sdn Bhd (KPM) from yesterday. This follows the signing of a privatisation agreement here on
      397 words
    • Article
      Lock icon Group led by Kontena to ran Malaysia's main port
      269 31 Reuter KUALA LUMPUR A consortium led by haulier Kontena Nasional Sdn Bhd signed a deal to take over Malaysia's main port, Port Klang, for MS36I million (*****.6 million) as part of the government's privatisation programme. National shipping firm Malaysian International Shipping
      Reuter  -  269 words
    • Article
      Lock icon Malaysian ship sinks off Singapore
      211 31 AFP KUALA LUMPUR A Malaysian-registered coastal vessel carrying veneer sank in the South China Sea off Singapore early yesterday and one of its crew was still missing after 16 others were rescued, officials said. The 1,596 tonne Seng Heng sank about 50 miles east of
      AFP  -  211 words
    • Article
      Lock icon Wave height in Pacific rises 5 cm yearly
      214 31 BernamaKyodo TOKYO The height of waves in the Pacific Ocean rose an average of five centimetres annually in the 1980s, the Transport Ministry's Ship Research Institute said yesterday. The institute studied 15 million pieces of data on waves and winds obtained between
      Bernama- Kyodo  -  214 words
    • LOG BOOK
      • Article
        EVA Air takes delivery of its first two jumbos
        130 32 TAIPEI EVA Air premiered its Economy Deluxe Class and unveiled two new 8747-400 jumbo jets at a welcoming ceremony in Taipei last week. The new airplanes, the first JJ747-400S purchased by EVA Air, were ferried to the airline's home-base at Taipei
        130 words
      • Article
        Ozone-friendly reefers for lessees
        69 32 BERMUDA Sea Containers Ltd is now offering Seacold Reefers charged with RI34A refrigerant to lessees who are starting to convert their fleets to ozone-friendly operations. Twenty foot, 40ft and 40ft Hi Cube units are available and Sea Containers will make a nominal additional charge for the
        69 words
      • Article
        Nippon Express plans terminals
        82 32 JEOKYO Transport company Nippon Express Co Ltd }>tans to build three truck terminals in Japan to start operatng between 1993 and 1995, a company spokesman said yesterday. The company is choosing sites for the terminals in suburban Tokyo, somewhere in Gifu Prefecture in central Japan and
        82 words
      • Article
        Amtrak tests high-speed train
        66 32 PHILADELPHIA The Amtrak rail line said on Monday it has begun testing a high-speed train in its quest to cut the travel time on the busy Boston-New York-Washington corriJlor. The train, which can reach speeds of about 250 kph on conventional track, is being put through
        66 words
      • Article
        Italian tanker held in Bordeaux
        52 32 LONDON Bordeaux port authorities have stopped the Jtalian-flagged chemical tanker Verazzano after it was in collision with a fender while leaving its berth at the port, Jdoyd's Shipping Intelligence Service said. The authorities are requesting a guarantee from the 11,815-dwt vessel of 200,000 '.francs (S$60,000),
        52 words
      • Article
        Two US cargo planes collide
        105 32 •CHINOOK, Montana Two military cargo planes collided on Monday night over Montana and crashed, an official said. was no immediate word on the fate of the crews. The collision occurred during a refueling operation that involved 3four Air Force C-141s and a tanker, said Lee
        105 words
    • Article, Illustration
      Of pollution and claims
      1882 32 The growth of environmental damage claims poses a serious risk for shipowners and their insurers. This West of England article takes a look at the issue The purpose of this article is two fold. First it will set out an up-date of the progress so far
      1,882 words
    • Article
      THE SHIPPING GUIDE
      9272 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. LEGEND PN: ship calls at Penang after
      9,272 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        453 47 Vessel Voy No Berth Armi Departure Vessel Voy No Berth Armal Oepirtire J wrong Pwt Caltex 01/12* P01A 01 12/1000 01 12/1900 Hunter 1/92 J7/8 01.12/1230 03 12/0700 Etona SC264C 01/12* P01A 01.12/1100 01 12/1900 Una 101 12/01/92 J12 01 12/0900 01 12/2300 Emerald Star ****** P01A
        453 words
      • Article
        MALAYSIAN PORTS
        233 47 Berth: 1: Johan; 2: Silver Dragon; 3: Song Saigon; 4: SOL; 5; King Sailor; 6: nil. 01 jetty: Bunga Setasih, Rosalie. Ambrosia Sukun. DCJ: Ocean Bite. Due on Doc 1: Castor Gas. Due on Dec t Chopin, Bum k. Lodestar Prince, Sobre World, Juta Jaya, Kyokuei Maru No
        233 words
      • Article
        CONTAINER SCHEDULES
        1058 47 MM W1VMM til MWWIHIM 1Mb LiL tkl&b w i /f>J. nri t.li. RKVI wxmrt aaance uses Shp Voy Ho Etb/Btr Period From To From A Venture 08/397 02/2100 1 01/1500 01/1659 01/1900 2 01/1700 02/0659 02/0900 Aa Daisy 33B 04/1600 1 01/1500 01/1659 01/1900 2 01/1700 02/0659 02/0900
        1,058 words
    • Article
      DAILY FREIGHTS
      1073 48 THE BALTIC Freight Index on Monday rose two to 1,320, maintaining the recent firmer trend, brokers said. A flurry of time-charter fixings showed improvement in Altantic and Pacific hire rates for panamaxes. Up to U5510,750 a day was paid for an Australian round voyage and US$lO,4OO was arranged
      1,073 words
    • Article
      TRANSPORT DIARY
      289 48 Dec 15-16: Essentials in Marine Cargo/Vessel Insurance Ship Chartering Practice, to be held at the Harbour View DaiIchi Hotel, Singapore, organised by A Aaron Orient Lines Pte Ltd. For further information contact the office at 222-8411. Mar 11-14, 1993: Japan World Resort and Cruise Fair '93, to be
      289 words
    • Article, Illustration
      Lock icon Emotions run high as US ruling on BA plan nears
      354 50 NYT NEW YORK With the Transportation Department nearing its Dec 24 deadline to rule on a proposal by British Airways to buy a stake in USAir, Sir Colin Marshall, the deputy chairman and chief executive of British Airways, is preparing
      NYT  -  354 words
    • Article
      Lock icon Honda unit to close R&D centre
      404 50 American-made car exports hit 100,000 Bloomberg, UPI TOKYO A Honda Motor Co subsidiary will close one of four research and development centres as part of its efforts to improve production efficiency, a company official said. Honda R&D Co, whollyowned by Honda Motor, will close
      Bloomberg,; UPI  -  404 words
    • Article
      Lock icon Alpine transit deals can come into effect next year: EC
      223 50 AFP BRUSSELS Two agreements signed by the European Community with Austria and Switzerland to limit truck traffic across the Alps can come into effect on Jan 1, the European Community said on Monday. An EC ministerial council formally approved an
      AFP  -  223 words
    • Article
      Lock icon Japanese vehicle exports down in October
      167 50 Asahi News Service TOKYO Japan exported a total of 470,117 vehicles in October, down 14.5 per cent, or 79,956 vehicles, from the preceding month's 550,073 vehicles, said the Japan Automobile Manufacturers Association (Jama) on Monday. The October shipment represented a decrease of 1.7 per
      Asahi News Service  -  167 words
    • Article
      Lock icon Air France chief raps US for unfair competition
      259 50 Reuter BRUSSELS Air France chief Bernard Attali on Monday accused the US of unfair competition by allowing US airlines to continue operations during bankruptcy proceedings. Mr Attali said in an interview with Belgian Radio he knew of at least two US airlines,
      Reuter  -  259 words
    • Article, Illustration
      Lock icon UK Foreign Office criticised by kin of PIA crash victims
      376 50 UPI LONDON Relatives and friends of the 35 Britons who died in the crash of a Pakistan International Airlines (PIA) flight in Nepal two months ago have criticised the Foreign Office for its handling of information after the crash, The
      UPI  -  376 words
    • Article
      Lock icon BMW expects higher sales in US
      239 50 Reuter NEW YORK Bayerische Motoren Werke AG's (BMW) North American chief executive Karl Gerlinger said he expected 1992 volume to reach about 64,000 units, compared to 53,343 in 1991. Mr Gerlinger said that he expected sales next year to top 70,000 units for the
      Reuter  -  239 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      30 31 Of pollution and claims, Page 2 Emotions run high as ruling on BA plan nears, Back Page Ums sml mtvlcm nprmiUi l@) For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090.
      30 words
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      Page 31 Advertisements Column 2
      116 31 S MARINE REWSE SACKS The solution to waste packaging problems at sea Made of 2 plies of wetstrong kraftpaper 100% biodegradable Rjp TKADMC (SMGAPOK) PTE LTD *****55 FAJU 26S 0441 i/<r q MmJ THE TOTAL TRANSPORTATION BtTtil WJJ *2m SERVICES PTE LTD ■K&dfll established in 1984 mruMmMi. with a concept
      116 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      83 32 dpi Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional lode at successful small firms and the
      83 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      3334 33 150^FA?*****09' NE mwM oe Wlf// I I Find out how BOOKINGS TEL: *****34 *****58/ *****40 ■WWf CFS (PSA FS) TEL: *****21/ *****79 PEBAKA JARD4NE SHIPPING AGENCIES SON. BHD. I VMf J COIIAfC 21VO PORT KELANG TEL: *****18 FAX: *****91 *****88 Cll V PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
      3,334 words
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      Page 33 Advertisements Column 2
      1388 33 ■BIiViHiHHWH TWO SAILINGS TO USA LUNA MAERSK V.9214 ETA SIN 7/12/92 METTE MAERSK V.9302 ETA SIN 8/12/92 Veaaal Voy ETA ETO by destinations tmm* MMMW* no: ■^■nnjnsQV^Kngfr^K^nxD^HBBSISIIHIIES^BBIH cy a/i 2 osoo mrs CFS 7/12 2359 MRS JOH LPK PEN OAK LOB MOO MEM ATL MIA CMS BAL PML NYC MOM
      1,388 words
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      995 34 ROAM/ I VOY NO S'PORE JEOOAH SHAMTON H'BUflO ANT LE HARVE j KURAMA 19/148 3/12 22/12 20/12 FRANKFURT EXPRESS 85/348 5/12 15/12 23/12 28/12 26/12 WMMMIW* LA SEINE 27/140 9/12 27/12 30/12 28/12 {j>^lgMPWI HOECHST EXPRESS 08/349 12/12 22/12 30/12 2/1 4/1 6/1 VftK DANUBE 05/150 17/12 2/1 5/1 3/1
      995 words
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      Page 34 Advertisements Column 2
      557 34 FCL BreakbulK Service to: AFGHANISTAN MAM Afghaniotan Ltd., Soto Foreign Forwarder In Kabul for al services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku North Korea a Vietnam a Mongolia a Hungary CBFR a Poland ocwans AGENCES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Veesei HHB ORIENTAL KNIGHT 10/12 VILLE DE TUCANA
      557 words
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      Page 34 Advertisements Column 3
      1512 34 El REGULAR INDEPENDENT FULL CONTAINER SERVICE SM ALQ BCL* FEL LMA' I NORASIA AL-MUNTA2AH 9240-3 07/12 30/12 01/01 03/01 04/01 05/01 00/01 07/01 00/01 NORASIA SAMANTHA 9241-3 17/12 07/01 09/01 12/01 13/01 14/01 15/01 10/01 17/01 I NORASM SUSAN 9242-3 24/12 14/01 15/01 19/01 20/01 20/01 21/01 22/01 23/01 I
      1,512 words
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      1906 35 Mr STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towors Singapore 0208 Tol: *****08 Fax: *****17 ACCEPTS CARGO DUE SALS STRAITS STAR VIK Muara lab, KK 02-03 Dm 04 Dm 0« Dm RAJAH BROOKE V23E Mum lab OS AO7 0m 01 Otc 09 Dm SINGAPORE KOMPCNGSOM KRIS MERUBI
      1,906 words
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      Page 35 Advertisements Column 2
      2685 35 SINGAPORE AGENT: IJXifli I AfltoiflAf*C P&O Containers (Singapore Agencies) Pte Ltd X OLV/ VjUlliCllllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT l IMPORT VESSEL VOY 'MQ *PKa SM ALQ SOU AMT NOT
      2,685 words
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      585 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY STOK KDAM/AOAM IfRW BttlO AKTAOf lUTNUM/33N8 13/12 15/1 20/1 25/1 21/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject lo lnduc*m«nt. Also accepting cargo to Caaabtonca, Port Said, Port Alexandria, Qanoa. Trieste. ALSO ACCEPTING CONVENTIONAL CARGO VIA I/S TO UK
      585 words
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      Page 36 Advertisements Column 2
      1384 36 HANJIN SHIPPING FOR VSL I JM I UNE HAUL SEA VOt FDR YSL SM |UC HAUL SAV U NYC HA NAN CICJU OWE 7/12 H MASAN 075E 30/12 1/1 HANJM CHEAJ OWE 7/12 M AMERICA 00CE 14/1 15/1 17/1 HJMANEYMGO96E 14/12 H BUSAN 12CE 9/1 10/1 HJ. KWANGYANG MCE 14/12
      1,384 words
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      Page 36 Advertisements Column 3
      1323 36 |J J -TJ -1 —I JTa m at it u( ra mi oa n as no ut c» u rtc lmt mm mm nr at f» as fn. w" I E GOLKN RE-017 2/12hfl 7/12 9/1211/1214/12 15/1217/1211/12 IVI2 21/12 1/1 11/1 15/1 1«/1 21/1 27/1 21/1 29/1 »/l 9/2 19/2
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      Page 37 Advertisements Column 1
      842 37 II PLEASE CALL *****00 II II MOMm 11 FOR ALL bookings (NOL SERVICES) H U FFEDER V9L VOY SGP MOTHER VBL VOY SET PLD MIN' VESSEL VOY BGP LOS OAK VAN CHI DAL/HOU MPH ATL NYK fl I or PAUL H »O. ,4/,, 24/12 N AMBER 09E IN PT 20/12
      842 words
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      Page 37 Advertisements Column 2
      310 37 CENTENARY SHIPPING SERVICE VESSEL'S NAME VOY. WW ETA/D SPO«t ETA/D MCM CTTY TAN AH AM MN/S 07-07 OCC 10-10 OCC 02 TAN AM AM 88N/S 14-14 DEC 17-17 DEC 02 TANAH AM 70N/S 21-21 OEC 24-24 DEC 02 TAN AM AM 71N/S 20-28 OEC 21-21 OEC 02 TANAH AM 72N/S
      310 words
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      Page 37 Advertisements Column 3
      184 37 NIPPON EXPRESS w a *aa //Arrow International Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO, YOKOHAMA, NAGOYA, KAOSHIUNG HONG fCONG, BANGKOK, KEELUNG, KOBE U.SVAUSTRALIA WEEKLY LOS ANGELES (LONG BEACH), NEW YORK CHICAGO. SYDNEY, MELBOURNE EUROPE WEEKLY FELIXSTOWE, ROTTERDAM, HAMBURG DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS SERVICE TO
      184 words
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      Page 37 Advertisements Column 4
      998 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOtfC-OBCHMqg WBTBOUM)—iOMiIG TMHSHPfED WA KOTTWWIi
      998 words
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      Page 38 Advertisements Column 1
      1616 38 K 44 W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: 1244******0 M) W W my TEL *****77 TELEX; KAWAfI R*****5 FAX; *****07/a^ I |\l M MALAYSIA: *K* UNE MARTIME (MALAYSIA) SON BHD JL JL# A jk# TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 HMI KAWASAKI KISEN KAISHA,
      1,616 words
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      Page 38 Advertisements Column 2
      1113 38 PHI LI OR If NT LINGS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 flgff BY AIR, LAND OR SEA.... A Jfflt WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 8 DEC SYDNEY, MELBOURNE. BRISBANE.
      1,113 words
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      Page 39 Advertisements Column 1
      1020 39 SSSSS'K9IK PACIFIC INTERNATIONAL LINES (PTE) LTD M M fIHV 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E VESSEL VOVSIN BMC SIN VfM L VOV SM JKT SIN sm SAMUT (THAI FLAG) SMS 4SN 8/12 8/12 n/12 KOTA MOAN 4SI 8/12 8/12 11/12 KOTA MNTANO KBT4BN
      1,020 words
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      Page 39 Advertisements Column 2
      717 39 p I I 1 3: T 4/12 4/12 5/12 BENARTY 2482 8/J2 27/12 28/12 29/12 6/1 E 11/12 11/12 12/12 ALSIA 2492 15/12 1/1 3/1 4/1 6/1 D 18/12 18/12 19/12 BENAVON 2502 22/12 8/1 10/1 11/1 13/1 E 25/12 25/12 26/12 JUTLANDIA 2512 29/12 15/1 17/1 18/1 20/1 R
      717 words
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      Page 39 Advertisements Column 3
      593 39 6 BANGLADESH mmmm corporation Moot unainuiua soma iMftat to Mm ha (Mn M> *»»o»i kumw n nra mmn ranma IMOJ fiOtfUT H-n/ll 1141/12 (Ml/U IUOtAUBt MMMK. TMM 1 aim HTM POTS 9BKCT TO KHB U0 CALUK IT HMU IMEU <* S-U-tt INDONESIA BANGLADESH SERVICE Loading foe CMttiQonQ A Mooqli uhgum
      593 words
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      Page 39 Advertisements Column 4
      376 39 °BSA° TRANSPORTATION M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf f«n P.Gdf HTOWTW* ¥***** 3/5 0* MTHEM mm kn Pt WA-WI VIM* 12/15 0* PA6AN VISIW IC/19 Ok NIGERIAN NATIONAL WtL SHIPPING LINE NIGERIA EXPRESS SERVICE l\ RIVER MAJE RIVER NQAOA V.50 V.50
      376 words
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      Page 42 Advertisements Column 1
      2031 42 Full Container Liner Services urn G*MfaJ Aftwtl S-kMI it-is. tatoSMSkM Cte« CU» S* «M t.T. Htn Cost* Shipping Me Ltd NmMXc— s*w m.^-i»n,T' i Singapore 0207 Singapore 0617 Te< 367 2855/ x* ?*>i 'j ummi C*mm** n(T Mil PrnrMr t PMK+IvJ rx fsr 7 8/L J&ftiS SMSSE.*" S mm T*W3«f7«JS«B
      2,031 words
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      Page 42 Advertisements Column 2
      311 42 t to—Hu mmmm mni ltd 15 MoCALLUM STREET #03-01/03 KATWIST CENTRE StopMinn 0160 Tatwc RS2TMS Tat *****01-3 Fax: 229 MM, 227*130 FPU BOOMMQSCAU. OWECT UME TEL: 2222M1/*****43, SM/JAK tSTVtCC VESSEL VOY SIN JAK OASA SEPULUH 904 M PORT 08/12 (THU) MERKUR DELTA 960 02/12 (WED) 06/12 (SAT) DERAJAT 1010 02/12
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      Page 43 Advertisements Column 1
      616 43 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PREAUS 6/12 ROTTERDAM 6/12 HAFA/ASHOOO/ALEXANDRIA 6/12 HAMBURG/BREMEN 6/12 MARSEILLE/FRANCE 6/12 FELIXSTOWE/UK 6/12 BARCELONA/SPAIN 6/tt~ LEHAVRE/ANTWERP 6/12 GENOA/ITALY 6/12 GOTHENBURG/SCANDINAVIA 6/12 LOS ANGELES/WC/PI 6/12 SYDNEY/MELBOURNE 8/12 NEW YORK/EC 6/12 FREMANTLE/ADELAPE 3/12 VANCOUVER 6/12 BRISBANE
      616 words
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      Page 43 Advertisements Column 2
      682 43 IS RICHFIELD MARINE AGENCIES (S) PTE LTD RVI TEL: *****33 (12 Line*) LS FAX: *****15/*****03 TELEX: R8 ***** RISHtP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA IIOAOMQ FOR SPORE AOBAY WONT J4WB 12/12 DARESSALAAM MOMBASA. DJIBOUTI ASSAB. MASSAWA NETSANET 27W8 IS/01
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      Page 43 Advertisements Column 3
      770 43 akarta i bawokok www mm ims w pt 05/12 m» bhum win t» 01/12 fh 04/12 g—' !Z* M/ 12 00/12 M*H* BHUM# 135N MX 91/U tm 00/12 BP 1 55! *V I? WW BHUM 53H M •4/12 Mw 07/12 WWW BK*« 17€S 04/12 IMWT* BHUM 11M Sat 05/12 NX
      770 words
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      1365 44 groupage I |\-/\'V fc |PENANQ: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v l W V P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS P€N PKL SIN PEN PK SIN 2/12 3/12 4/12 Honi Konf Ldn/Fta/Rdm/Ant/LHV 3/12 4/12 5/12 6/12 7/12 8/12 Honi Konf G'btvt/C'haftn/SliQlm/OsJo
      1,365 words
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      Page 44 Advertisements Column 2
      250 44 IP* BLUE STAR LINE| SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM PREMO 21S 3/12 12/12 14/12 30/12 MULBERA 30S 16/12 21/12 30/12 IS/1 AUST STAR S4S 2S/12 6/1 S/l 25/1 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL b LCL FOR NEW PLYMOUTH,
      250 words
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      Page 44 Advertisements Column 3
      880 44 THONG SOON UNES PTE. LTD. M: 77 ROBMSON ROAD #15-00, #16-00 SIA BULOM6 SMGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRO, RS ***** JEMHOL CABLE: TOSOCO SINGAPORE TO BARAWAK SINGAPORE TO WEST MALAYSIA KSSCL W [S'fttE [HIT ItttEL |WT SURE I P.IBJMC EQUATOR JADE 66/92E 04
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      Page 44 Advertisements Column 4
      227 44 CCNI Campania CMtona da Navagacion Inlafocaanica S.A. SEASPAC SERVICE ACCEPTING CONTAINERS AND BREAK BULK DIRECT SERVICE TO SOUTH PACIFIC ISLANDS SM MM StW PTT MNM 42WM 4/12 15/12 If/12 2 PN.EMBMK 4304C6 »/12 11/1 14/1 2tt/l DIRECT SERVICE TO CHILE. PERU. BOUVIA SM cu K» CQ6 s*/w m MmA I
      227 words
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      Page 45 Advertisements Column 1
      810 45 COMPANIA PERUANA DE VAPORES 'PERUVIAN STATE LINE" ACCEPTWG BREAKBU.KFCISOC CARGOES TO/FROM CALLAO, MATARAMI. 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BIL OF LADING. WSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOJI. TOKYO*, MAMLA*, DAVAO*. P. KeUnt Smfjpore EUsia*
      810 words
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      Page 45 Advertisements Column 2
      651 45 CZJ ZIM Iwl CBBtllßßf SfVICB LA—J N.AMERICA/CARRIBEAN SERVICES KSgl VOY I» I iimi |VOY I lAI I RSI SAV NYt HH A VESSQ 8/12 M MERKA X 7/1 16/1 26/1 22/1 M/l aiHNFA 711 16/12 91 SAMMMH 3* 16/1 2VI 29/1 >1/1 7/1 m symy lm 21/12 m mpm 26/1
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      Page 45 Advertisements Column 3
      629 45 REGULAR UNER SERVICE FIXED DAY SCHEDULE tiSh NAJD LINER SERVICE PORT KLANO/ JAKARTA/ SINGAPORE/ PONT KLANG VOY ETD PKG ETA JKT ETA SM M/V LEONA 92/1 1/12 5/12 S/12 M/V IiONA 92/2 9/12 13/12 IS/12 M/V LEONA 92/3 17/12 21/12 24/12 M/V LEONA 92/4 25/12 29/12 1/1 M/V LEONA 93/1
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      Page 45 Advertisements Column 4
      453 45 ißim FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASE AN/AUST RALIA/FAR EAST/ME DUE RRANEAN/E URO PE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE
      453 words
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      Page 45 Advertisements Column 5
      497 45 SIM FAR EAST 8/12 KEELUNG/KAOHSIUNG 6/12 BANGKOK 4/12 MANILA/CEBU 6/12 JAKARTA/BELAWAN/SURABAYA 7/12 PORT KELANG/PENANG/E. MALAYSIA 7/12 BUSAN 6/12 TOKYO/YOKO/KOBE/NGO/OSA 4 7/12 HONG KONG S!N CHINA (+S#±»*n) 7/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 5/12 LDN/FLX/LVP/SOU j 5/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary Romania
      497 words
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      Page 46 Advertisements Column 1
      626 46 HONG KONG/CHINA 7/12 JAKARTA 6/12 BANGKOK 5/12 MANILA 6/12 BUSAN 7/12 KEELUNG 8/12 TOKYO/KOBE 6/12 KAOSHIUNG 5/12 POBT KELAN6/PENAN6 7/12 YOKOHAMA 6/I^^^^ COLOMBO 8/12 FELIXSTOWE/HAMBUR6 5/12 CHITTA6ONG/MADRAS 8/12 ROnEROAM/LE HARVE 5/12 BOMBAY/KARACHI 7/12 ANTWERP 5/12 CALCUTTA 8/12 lax/nyc 7/12 sydney/melbourne 8/12 JS CMT LINER EXPRESS AGENCIES PTE LTD ffSgSK P
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      Page 46 Advertisements Column 2
      433 46 Bonterml w CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 16TH DECEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 06 DEC JAKARTA 06 DEC PENAN6 10 DEC PORT KELAN6 10 DEC MELBOURNE 08 DEC SYDNEY 08 DEC FREMANTLE 10 DEC BRISBANE 15 DEC HAMBURG 05 DEC FELIXSTOWE 05 DEC 60THENRUR6 05
      433 words
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      Page 46 Advertisements Column 3
      352 46 This Week's Sailings f To! ETD To: ETD Singapore Singapore EVERY EVERY Bangkok WED SUN Hamburg SAT fifttfPL--EVERY EVERY fIK Manila FRI MON Ho Chi Minh FRI EVERY EVERY Colombo MON Los Angeles SUN i r Tel: Fax: v O ciuw Singapore 778 6522 *****38 c..„dh, Ca Johore 07-*****8 07-*****3
      352 words
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      Page 46 Advertisements Column 4
      510 46 Vftl CHINESE-POLISH WA JOINT STOCK SHIPPING CO 1 COWTAtO/BKEAKBULK I SM ÜBM ¥23 5/12 ROTTDHMM/HMBURG/GDYNM no happy vos s/12 casaoanca HUATUO ¥47 5/1 CASA6LAMCA CHOPM V2O 5/12 SHEKOU/HUAHGPU B. PRUS ¥26 14/12 HUANGPU POKOJ ¥25 10/1 DNJAN/XHGANG/SHMIGHN BALTIC FAR EAST SHIPPING PTE LTD 2 MSTRi ROM) #10-00, HMC BULOMG, STORE
      510 words
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      Page 47 Advertisements Column 1
      1245 47 -yNed'toyd WEF JANUARY 1993 WEEKLY SAILING TO AUSTRALIA ON EVERY SATURDAY 7L SI2 Z TBSS? "2 3™ "2 30% B. Seroia —G. Bhum 4/12 2/12 ML Europa/2432 812 .6 12 ZJ/U 29/12 30/1Z 31/1Z H/1Z 30/1Z NLL Rotterdam/*****' 15/12 17/12 16/12 15/12 19/12 23/12 5/1 15/1 7/1 9/1 10/1 10/1
      1,245 words
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      Page 48 Advertisements Column 1
      271 48 WORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SWGAPORE MANILA VIGOUR LUZON 6NB 4/12/92 12/12/92 VIGOUR LUZON 6ANB 7/12/92 12/12/92 VIGOUR SWGAPORE 42W 11/12/92 16/12/92 VIGOUR SINGAPORE 42ANB 14/12/92 16/12/92 PORT KLANQ/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SW6APORE PORT KLANG PENANG ARKTIS GRACE S22ZH 2/12/32 *****22 555 2232H 2/12/32 3/12/32
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      Page 48 Advertisements Column 2
      324 48 i. cosco UKC COWVPmOHAI MBB VESSEL PKL PNG P.Q. LOAD)NO FOR: A VESSEL 28/11 Rotterdam/Antwerp CHWiA COWVPmOMAI SERVICE VESSEL PKL PNG P.O. LOAD) NO FOR A VESSEL 15/11 20/11 Hoangpu/Ouangihou COSCO FULL COWTAJMEH ICTWCII (FCL/FCL) EXPORT TO CHMA/BAMOKOK/HOMOKOMO EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WIST COAST PERSIAN OULF/KARACHI Plmm ratar above
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      Page 48 Advertisements Column 3
      162 48 Js CONTAINER LINE f's AUSTRALIA WEEKLY'J* CONSOLIDATION husianei V f» SYDNEY ADELAIDE V MELBOURNE FREMANTLE BRISBANE REMANTLEf UW.AIDO; J SYDNEY Tel: 538 0155 EL E OWENS CONTAINER UINE (S) PTE LTD 133 New Bridge Rood #09-06 Chinotown Point S'pore 0105 \s/ VOYAGE SINGAPORE PORTS OF CALL IN INDONESIA ETA ETD
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  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      457 48 TODAY'S TIDES (Iwiflt in metres) HOUR 0000 0100 0200 0300 MM 0500 06M 0700 MOO 0900 1000 UN 12M 13M 14M ISM 1600 17M IMO ISM 20M 21M 22M 23M J« 1.1 1.4 I S 20 2.2 22 2.1 18 16 1.4 1.3 1.4 1.6 2.0 2.2 2.4 2.4 2.3
      457 words
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      Page 49 Advertisements Column 1
      1107 49 ▲HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE *sas m+ ng+ wp+ aw w ant* tor mi ast ra I K COMMMCO JOIN 4/12 4/12 4/12 0/12 29/12 29/12 30/12 20/12 20/12 21/12 SI FREEDOM ***** 11/12 11/12 11/12 13/12 1/1 1/1 2/1 2/1 2/1 5/1 H IMOVATOR 301W 10/12
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      Page 49 Advertisements Column 2
      419 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO A HEAVY LETS INBOUND VESSELS ium m v n nc ii *****41 19 l/U 7/1 on nan 7i 9/u u/12 ail M99TA 11 19/U U/12 TNU9N R9UUK 19 U/U 14/12 mm MA N IVU ***** 12 9AASKUI II 11/12 C999C caiiiiMU a 29/u
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      Page 49 Advertisements Column 3
      876 49 JEDDAH/UK/CONmNENT Ins* |e no* mat raw in •«■*«*•«c*»Nr KUU9U 19/149 VU 11/12 a/12 21/12 1 I H a J«MMh. kM «4 Mb nUMWIT ORES IS/MI VU IVU 2J/12 21/12 24/12 «i *m m*4m NMM LA KM 27/149 1/12 21/12 21/12 27/12 ti*flii :to *«*M» MM art Mfc NOIOBT am M/MS
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      Page 50 Advertisements Column 1
      100 50 FiftXRRP INVESTMENT Every Saturday in Business Times f 'v-iS- x **>.- a < r ~v; <•* m V s '1.: vjv;,- t y£& y ?<■ i Ifov,£ .&s»*,/& >.♦=. I SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed by Singaporeans abroad. jc i And by
      100 words
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      Page 50 Advertisements Column 2
      58 50 ismum^ M.V.'HHMB TRADfIt IT VOT.I Anivsd 22nd November 1992 HV. JlFim ACT TOV.M Anivsd 26d> Nowmbar 1992 Consigneea of all damaged cargoes ex the captioned vesaela are hereby notified that a general curvey will be held an the 3rd December 1992 0900 -1200 hounaiPTia No farther aorvey will be entertained
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      Page 50 Advertisements Column 3
      153 50 P§ investment^ Every Saturday in Business Times EMPRESA LINEAS MARITEMAS ARGENTENAS S.A. ELM A Call for National and International Public Bid on open tender (without reserved price) is made for the sale of eighty-nine per cent (89%) of the parcels of shares of EMPRESA UNEAS MARITIMAS ARGENTINAS Sociedad Anonima de
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