The Business Times, 4 December 1992

Microfilm: NL18512
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    15 1 Business Times THE BUSINESS PAPER FOR S-E*fffT MITA (P) 35/12/91 Friday, December 4, 1992 75*
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  • NEWS SUMMARY
    • Article
      New US jobless claims fall for second straight week
      76 1 WASHINGTON The number of new claims for jobless benefits in the US fell by 12,000 to 362,000 in the third week in November, a strong sign that the economy is on the way to recovery, the Labour Department said yesterday. The
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    • Article
      Cabinet post for former Japanese envoy?
      61 1 TOKYO Prime Minister Kiichi Miyazawa may appoint Japan's former ambassador to the US, Nobuo Matsunaga, to a new Cabinet post as minister responsible for foreign economic affairs, it was reported here yesterday. The masscirculation Yomiuri Shimbun said the new position would be announced at
      61 words
    • Article
      PM is sec-gen of PAP
      27 1 PRIME Minister Goh Chok Tong has replaced Senior Minister Lee Kuan Yew as secre-tary-general of the ruling People's Action Party Page 2
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    • Article
      Iseas director dies
      24 1 THE director of the Institute of Southeast Asian Studies (Iseas), Prof Kernial SSandhu, died yesterday of a heart attack Page 2
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    • Article
      Khmer Rouge trade
      30 1 CAMBODIA'S Khmer Rouge guerilla group claims that its multi-million-dollar border trade with Thai traders is aimed at supporting the "liberation struggle" of the Khmer nation Page 9
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    • Article
      Small impact
      35 1 US president-elect Bill Clinton's economic-stimulus programme will provide a small boost to the American economy next year, enough to make only a tiny dent in the unemployment rate, business economists predicted Page 11
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    • Article
      EMU rush unnecessary
      37 1 THEO Waigel. the German finance minister, on Wednesday urged member states of the European Community not to rush into Economic and Monetary Union (EMU) too hastily, simply to preserve their national pride Page 11
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    • Article
      French port gears up
      36 1 THE Port of Le Havre in France is gearing up to be a major sea gateway for AsiaPacific shippers once Europe becomes a single market on Jan 1. Shipping Time Page 1
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  • MARKET SUMMARY
    • Article
      Dow lower
      31 1 WALL STREET stocks were mixed in early trade yesterday. The Dow was ofT more than 10 to 3,275, while in the broad market gainers led losers six to five.
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    • Article
      Footsie higher
      24 1 LONDON share prices rallied in mid-day trading yesterday. At 1230 GMT, the FT-SE 100 was up by 3.2 points at 2,767.3 points.
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    • Article
      Fake scrip: 2 arrested
      37 1 MALAYSIAN police have arrested another two men a 42-year-old contractor and a 36-year-old broker suspected of being involved in the Ms 26 million (5516.8 million) forged shares scam uncovered this week Page 3
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    • Article
      Stock compensation
      31 1 MALAYSIA'S Finance Minister or Registrar of Companies cannot direct stockbroking firms to pay compensation arising from share transactions, Deputy Finance Minister Haji Abdul Ghani Othman said yesterday Page 3
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    • Article
      Profits from abroad
      22 1 PROFITS of Amtek Engineering's Malaysian subsidiaries and associated companies, mainly in Malaysia and Thailand, soared last year. Page 3
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    • Article
      Barclay's Asian move
      34 1 FROM next year, Barclay's Bank will centralise its global money market operations in the Asian time zone in Singapore, said John Spencer, chief executive of Barclays* BZW Markets division Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 684.37 -5.18 Kuala Lumpur ....636.40 -5.11 Tokyo 17,260.08 -133.60 Hongkong 4,978.21 -433.44 Sydney 1.433.8 -4.7 Wednesday Change New York 3,286.25 -8.11 London 2,764.1 -27.9
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.6400 100 Yen SS 1.3162 MS SS 0.6457 Money market rates Overnight 5/8 3/8 3-month 2 1/16% -1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS335.90 +USS0.80 Rubber S'pore Jan 146.00Vkg unch M'sia Jan 223.00*/kg unch KL Tin T urnover 31 tonnes +15 Spot MS 14.53/kg +0.46 Crude palm oil Turnover 690 lots -264 Jan MS933 /tonne +1
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  • Article, Illustration
    Lock icon HK market sees bloodiest day since Tiananmen
    550 1  -  Freefall saved only by confirmation that China talks will resume From Catherine Ong in HONGKONG HONGKONG stocks yesterday suffered their biggest one-day fall since the June 1989 Tiananmen massacre, but a late afternoon confirmation by China that SinoBritish talks on the territory's future
    Source: Bridge Info  -  550 words
  • Article
    Lock icon China's new accounting rules go into effect in July 1993
    339 1 Reuter BEIJING China is sweeping away more than four decades of socialist-stylc business practices to let enterprises take advantage of market-oriented reforms. Finance Minister Liu Zhongli said yesterday. Mr Liu told a news conference he had ordered that new rules
    Reuter  -  339 words
  • Article
    Lock icon Pertamina wins marathon case to recover frozen graft money
    261 1 Reuter SINGAPORE Indonesia's state oil company Pertamina yesterday won a 15-year legal battle to recover millions of dollars frozen in Singapore that it said were bribes paid to a former top official by two German companies. Singapore High Court judge Lai
    Reuter  -  261 words
  • Article
    Lock icon It's official: Japan is in a recession
    450 1 AFP, Reuter TOKYO Japan officially slipped into recession in the three months to September, suffering its worst contraction in economic activity in almost 18 years, the Economic Planning Agency (EPA) said yesterday. The agency's latest figures showed a 0.4 per cent decline in
    AFP,; Reuter  -  450 words
  • Article
    Keppel expected to win Subic Bay shipyard deal by early next year
    410 1  -  Conglomerate leading Singapore drive to help redevelop former naval base By Rahita Elias SINGAPORE Local conglomerate Keppel Corp's efforts to get a slice of the action in redeveloping Subic Bay are likely to pay off by eaily next
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      Page 1 Advertisements Column 1
      133 1 r Aircraft Schedule 31 Jkt/Bkk/Chma Stocks 25 TV Radio 18 Commodities 30 KLSE 23 Unit Trusts 22 Company News 3-6 Money Changer Rates 31 Weather 31 Cryptic Crossword 31 Money Market 29 World News 11 Editorial 12 Regional News 8 World Stock Markets 28 Financial News 8 Regional Stock Markets
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      Page 1 Advertisements Column 2
      30 1 J was a determination to honour his family's debts no matter what SoerPK nesia should conduct themselves. 1 heir failWilliam, Edward and Edwin See Analysis Fg 13, and Pg 4
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      Page 1 Advertisements Column 3
      79 1 2 w' w v <51 MADF IN ITALY J Agent WONG BROTHERS SHOE TEL: 2M3 843 Old animosities flare up in HK, Pg 12 The Bottom Line: Necessity brings two former foes together, Back Pg Hock Lock Siew: Chance for M Credit's new GM to leave his mark, Pg 3
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  • PAGE 2 NEWS
    • Article
      PM replaces Lee as PAP secretary-general
      426 2  -  Proposal for change by Senior Minister unanimously accepted B* Chuang Peck Ming SINGAPORE Prime Minister Goh Chok Tong has replaced Senior Minister Lee Kuan Yew as secretarygeneral of the ruling People's Action Party. A one-page party statement said last night that Mr Lee had
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    • Article
      PM's decision impresses businessmen
      376 2  -  By-election in Marine Parade GRC Goh seen to be keeping promise while limiting opposition s latitude Reports by Shoeb Kagda SINGAPORE Prime Minister Goh Chok Tong's decision to hold a by-election in Marine Parade is seen as a shrewd political move by the local business community.
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    • Article
      Workers' Party to field Jeyaretnam
      297 2 SINGAPORE Workers' Party secretary-general J B Jeyaretnam said yesterday his party would contest the coming by-election. But he said he hoped to avoid a multiparty fight in the tussle for the Marine Parade Group Representative Constituency (GRC). At a press conference yesterday, Mr Jeyaretnam said
      297 words
    • Article, Illustration
      Lock icon Three foreign groups get M'sia telecoms contract
      246 2 AFP KUALA LUMPUR Three foreign-led business groups were given the go-ahead by listed Telekom Malaysia Bhd to install digital exchange lines as part of a Ms 2 billion (SSI.3 billion) contract. Finance Minister Anwar Ibrahim said yesterday. He said that the contract was
      AFP  -  246 words
    • Article
      Lock icon India wants foreign banks to relax secrecy laws
      304 2 Reuter NEW DELHI India, losing billions of dollars annually through illegal money transfers to foreign banks, has called for a more transparent global banking system, India's federal police chief t said yesterday. "At the heart of the issue is the secrecy norms
      Reuter  -  304 words
    • Article
      Fixed medical accounts a way to cut health cost
      322 2  -  Giving standard benefits to all not fair: consultants By Teh Hooi Ling SINGAPORE Companies can contain staff medical bills by giving their employees fixed accounts from which they are free to spend, says a New York-based management consultancy firm. Employees can
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    • Article
      Lock icon Hills urges Taipei to lower tariffs, revise copyright laws
      256 2 AP, AFP TAIPEI US Trade Representative Carta Hills ended her landmark trip to Taiwan yesterday expressing hopes that the country could lower tariffs and approve copyright law revisions in January to better protect intellectual property rights. However, legislator Wang Chin-ping of
      AP,; AFP  -  256 words
    • Article, Illustration
      Professor K S Sandhu dies
      426 2  -  By Kenneth James SINGAPORE In 1989, shortly after he turned 60, Professor Kernial S Sandhu was asked about rumours that he would be quitting as director of Singapore's regional research centre, the Institute of Southeast Asian Studies (Iseas). He replied: "I'm just starting to get
      426 words
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      Page 2 Advertisements Column 1
      18 2 Jihft around the corner... iTHERE! BENIGNITY TRADING PTE LTD 45 Circular Road Singapore 0104 Tel: 532-7883 Fax 532-6823
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      Page 2 Advertisements Column 2
      94 2 Focus: A politically shrewd manoeuvre, Pg 17 CONVERSATIONS I raftles 'When I was outside politics, I used to think W S an would say. That's why I was never enamoured /***"Tan Cheng Bock, doctor and a PAP MP for 12 W* xeorty talks about his role in the party today.
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  • COMPANY NEWS 1
    • Article
      Two more arrested in Malaysia over forged shares
      245 3  -  By Amy Balan SINGAPORE Malaysian police have arrested another two men suspected of being involved in the Ms 26 million (5516.6 million) forged shares scam uncovered this week. City Commercial Crime Division chief Supt Yusoff Nook told reporters in Kuala Lumpur that
      245 words
    • Article
      QAF managing director raises stake in Watford to 22pc
      208 3 SINGAPORE Food-based QAFs group managing directof Wong Fong Fui has increased his stake in Watford Investments Ltd the largest shareholder in QAF from 5 per cent to 22 per cent. Watford is a Hongkong based company backed by Indonesian interests. It
      208 words
    • Article
      Tuan Sing unit to sell Jurong factory complex
      194 3  -  By Colin Tan SINGAPORE SPP Limited, a subsidiary of Tuan Sing Holdings, announced yesterday that it would sell its factory complex at Fan Yoong Road to Cheap and Good Trading Pte Ltd for $2.7 million. The property, on a 4,893 sq m
      194 words
    • Article
      Amtek's Malaysian and Thai subsidiaries post bigger profits
      335 3  -  By Teh Hooi Ling SINGAPORE Regional expansion has paid off handsomely for precision metal parts manufacturer Amtek Engineering. Its Malaysian subsidiaries and associated companies, mainly in Malaysia and Thailand, recorded a 20 per cent and 680 per cent increase in profits respectively
      335 words
    • Article
      ASM to scale down mega steel project
      396 3 KUALA LUMPUR Amalgamated Steel Mills (ASM) is looking again at the investment and material requirements of the proposed MSB.S billion (555.4 billion) mega steel project to enable it to proceed without China Steel Corp (CSC). ASM general manager Lim Ee Pai told Malaysian
      396 words
    • Article
      Chance for M Credit's new GM to leave mark on corporate scene
      581 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE Ang Ah Lay, who becomes group general manager of Malayan Credit Ltd in January, has taken on a challenging job. He has to inject more life into the
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    • Article, Illustration
      Lock icon KL brokers cannot be ordered to pay compensation
      260 3 Bernama KUALA LUMPUR The Finance Minister or Registrar of Companies cannot direct stock broking firms to pay compensation arising from share transactions, the Malaysian Parliament was told yesterday. Deputy Finance Minister Abdul Ghani Othman said the Securities Industry Act, under which the
      Bernama  -  260 words
    • Article
      Lock icon Tenaga signs M$56m computerisation deals
      163 3 Bernama KUALA LUMPUR Tenaga Nasional Bhd yesterday signed contract agreements to the tune of M 556.4 million (5536.1 million) with two computer firms for customer information billing system (C1BS) and automated meter reading and billing system. Tenaga Nasional in a statement yesterday said the CIBS
      Bernama  -  163 words
    • COMPANY BRIEFS
      • Article
        Van Der Horst clarifies status of new investors
        73 3 SINGAPORE Marine engineering company Van Der Horst Limited has clarified the status of its new substantial shareholders. It said the investments made by Johannes Kotjo and Kuok Khoon Hong were personal, and did not involve investments by the Salim or Kuok groups.
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      • Article
        Proton resolves share issue
        127 3 KUALA LUMPUR Perusahaan Otomobil Nasional Berhad (Proton) has resolved the issue of separate quotation for foreign-held shares at a board meeting yesterday, Bumiputra Merchant Bankers Bhd said on behalf of the company. It said that Article 35 (A) of the Company's Articles of Association allowed the
        127 words
      • Article
        BT article accurate, says Wepco
        47 3 SINGAPORE Asked by the stock exchange to comment on a BT article on Oct 23 that "Wepco was planning to diversify to widen its earnings base", the company has replied that the article reflects the plans of the management and is accurate.
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      • Article
        SEPL wins US$1.8m rig deal
        87 3 SINGAPORE Sembawang Engineering Pte Ltd (SEPL) has secured a US$l.B million (552.95 million) contract from JHN Oil Operating Co, a Japanese-Chinese joint venture, to prepare an oil rig for operation. The job was secured through Chiwan Offshore Petroleum Equipment Repair and Manufacture Co Ltd, a
        87 words
      • Article
        OCBC rights 99pc subscribed
        95 3 SINGAPORE OCBC Bank's one-for-five rights issue was 99.32 per cent subscribed when the offer closed last Friday. The company received acceptances of 118,606,314 shares. They include acceptances of 45,303,367 shares at $4.19 apiece from foreign shareholders and 73,302,947 shares at $3 apiece from non-foreign shareholders. OCBC
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    • Article
      Timber tycoon ready to help Soeryadjaya family
      450 4  -  By William Chia INDONESIAN timber tycoon Prajogo Pangestu, who is the world's largest plywood operator through his Barito Pacific Group, has said he is ready to help the beleaguered Soeryadjaya family. Mr Prajogo was quoted by the Indonesian paper Kompas yesterday as saying
      450 words
    • Article
      Lock icon Yaohan to float HK subsidiary
      204 4 Meat packer to issue 62.5 m shares at HKSI.I3 each AFP HONGKONG Japaneseowned Yaohan International Co Ltd announced here yesterday that its subsidiary Yaohan Food Processing and Trading Co Ltd will be listed on the Hongkong stock exchange. The subsidiary, Hongkong's biggest meat packer, aims
      AFP  -  204 words
    • Article
      Lock icon Paladin shares jump after China firm takes stake
      209 4 Reuter HONGKONG Shares of Paladin Ltd bucked a dive on the local market, jumping 3.4 per cent at one point yesterday morning after it announced that a Chinese firm had taken 30.1 per cent stake in the company. Paladin said Jinchuan Non-Ferrous
      Reuter  -  209 words
    • Article
      Lock icon US investors may get to invest in China B shares
      186 4 South China Morning Post HONGKONG t— Plans to develop a central clearing system on the mainland are expected to give green light for American-listed funds to invest in China B shares. US investors are prohibited by US law from buying
      South China Morning Post  -  186 words
    • Article
      Lock icon Thai officials want finance, securities working apart
      230 4 Reuter BANGKOK The central Bank of Thailand and the Thai Securities and Exchange Commission (SEC) are working on plans to separate the financing and securities businesses, which many firms operate under one roof, an SEC spokesman said. The two authorities are studying incentives
      Reuter  -  230 words
    • COMPANY BRIEFS
      • Article
        Lower profits for Swiss units
        143 4 TOKYO Profits of Swiss subsidiaries of Japanese Big Fouf brokerage houses declined sharply in the first half of fisdft 1992 starting in April, industry sources said. Yamaichi BaiA (Switzerland), Yamaichi's Swiss subsidiary, posted a profit or about 210 million yen (SS2.B million) before tax deduction*
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      • Article
        Daewoo to open Chinese plant
        80 4 r r M SEOUL Daewoo Corp, the trading and construction ans of South Korea's Daewoo Group, has said it will product stone building products at a factory in Qingdao, China, m Daewoo spokesman said on Wednesday that the companj would establish today a wholly-owned company
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      • Article
        Toyota in cost-cutting move
        64 4 TOKYO In order to reduce labour costs, Japan's Toyo<£ Motor Corp will transfer about 600 of its white-collar employ ees from their offices or laboratories to manufacturing plant* for two or three months starting in January. The white-colljE employees will be selected from some 2,000 young
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      • Article
        Posco in second joint venture in China
        86 4 SEOUL South Korea's largest steelmaker, Pohang Iron ans Steel Co (Posco), plans to produce cold-rolled steel in Chin* in a joint venture with China's leading steel maker, Shougangr Corp. A company spokesman said yesterday that the tw&" firms exchanged a letter of intent
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    • Article
      Lock icon Green light for Hoesch-Krupp merger as last hurdle is cleared
      516 6 Reuter BONN German steel and engineering companies Fried Krupp AG and Hoesch AG struck a deal on Wednesday with three shareholders who had blocked their merger with a law suit, clearing the way for a new European industrial giant. "Now
      Reuter  -  516 words
    • Article
      Lock icon Dell Computer going ahead with share offering
      332 6 Reuter AUSTIN, Texas Dell Computer Corp, shrugging ofT recent questions about its accounting practices and profit potential, said on Wednesday it would go ahead with a public offering of four million new shares. The offering, based on the value of Dell's current share
      Reuter  -  332 words
    • Article
      Lock icon Clone maker loses fight over software in Intel chip
      343 6 NYT SAN FRANCISCO A federal judge handed Advanced Micro Devices Inc a significant defeat on Wednesday, ruling that the Silicon Valley chipmaker did not have the right to copy software embedded in Intel Corp's top-of-the-line 486 microprocessor chips. Advanced Micro was
      NYT  -  343 words
    • COMPANY BRIEFS
      • Article
        L A Gear expects to lose more money
        90 6 LOS ANGELES LA Gear Inc said it would lose US$27 million to US$3l million (about Ssso million) in the fourth N quarter of the year from continuing operations. The loss front* continuing operations for the fiscal year ended Nov 30 should** be
        90 words
      • Article
        French paper still in the red
        74 6 PARIS The influential French newspaper Le Monde on Tuesday it had cut losses but was still in the red. It said Groupe Le Monde, dominated by the daily, had a loss of I 16.14 million francs (about Sss million) in 1991 on a turnover
        74 words
      • Article
        Pirelli bows to pressure
        67 6 MILAN Pirelli, the Italian tyres and cables group, bowed on Tuesday to pressure from minority shareholders in its Amsterdam-listed Pirelli Tyre Holding (PTH) subsidiary by amending the terms of its proposed rights issue announced in October. Under the new proposal, Pirelli is giving minorities J in
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      • Article
        Paper for NTT phone books
        90 6 TOKYO Japan's Nippon Telegraph and Telephone Corp(NTT) said on Wednesday that US and Canadian paper 1 manufacturers had won an international bidding to help sup» ply 421,000 tonnes of paper for telephone directories. Bowater Inc of the US and MacMillan Bloedel Ltd of Canada were;
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      • Article
        Ventilation business sold
        80 6 LONDON APV Pic said it sold its ventilation and warm- j air hand-dryer business Vent-Axia Group to Smiths Industries! PLC for £55.8 million (about SSI4O million) cash, including{ the repayment of inter-group borrowings of £1.8 million. Vent-Axia designs, develops and assembles fans and associat-1 ed ventilation products,
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      • Article
        Maxwell brothers on bail
        93 6 LONDON A British court on Tuesday remanded Kevin and lan Maxwell, sons of the dead media magnate Robert Maxwell, on bail until April 1. Both are facing fraud charges but will remain at liberty. Britain's Serious Fraud Office is investigating transfers that are alleged to have
        93 words
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      140 3 I IN THE MARKET PAGES I HK jitters hit S'pore 20 Tokyo shares weaker 26 The rare perfection of Patek Philippe at The Hour Glass. a should quisite features that hallmark be a relaxed and comfortable each you're collection. considering the rare per■ ourselves as connoisseurs. And The Hour you're
      140 words
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      278 4 The flaw in the Soer> adjay a strategy, Pg 13 Some of Singapore's most successful companies have a nut in the office. yMK |JP^ V v &&/■*<■■ V| .r j -y 3&H >,wB% Ik' > w*W -Sii -*v (tt> y*. «K <"*riX. y nM '>»■-• «J f*t,4" "M 4, ,>5
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      328 5 I —r» I ike Lexus V 8 and its nearly vibrationI free drive I i n e simply sets a new I standard for com Lining horsepower I witkc i v i I i iy. Road Track I A (ine chassis that provides excellent I ride, together with eommenda I
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      190 6 >.vw;, Ik M. Worldwide Foresight Focus on Vietnam As change and opportunities arise in South East Asia, BNP is committed to serve your diverse financial needs. Our new branch in Ho Chi Minh City attests to this regional commitment. Having renewed our physical presence in Vietnam since 1989, our Ho
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      40 7 H fjljr ARX SERIES: THE WALL STREET LOOK V V NISSAN BLUEBIRD PRESENTS TWO STYLES IN EXECUTI V E W E A R. j 4^fe A.'.' v' sr **'.V V' g A r SSS SERIES: THE MIAMI lOOKIVv^V^^^ s'®5'® v
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Investors snap up NTT bonds
        97 8 TOKYO Telecommunications giant Nippon Telegraph Telephone Corp (NTT) sold a bond yesterday under a system relatively new to Japan and investors are snapping it up, bond traders said. The issue is the second NTT bond sold under a Western-style pricing system that more accurately mirrors
        97 words
      • Article
        Investment adviser reprimanded
        127 8 HONGKONG Hongkong's stock market watchdog said yesterday that it had reprimanded SBCI Finance Asia for failing in its duty as an investment adviser. The Securities and Futures Commission said that SBCI had failed "to act in an efficient, fair, and honest manner and its action was, or
        127 words
      • Article
        More Taiwanese insurance firms
        61 8 TAIPEI Taiwanese business groups have applied to set up eight insurance companies after the government lifted a 30year ban on new local entrants to the industry, the Finance Ministry said yesterday. The new firms were expected to intensify competition in Taiwan's insurance market, which r now
        61 words
      • Article, Illustration
        Travelling bank
        37 8 MOSCOW A customer exchanging US dollars for roubles at a mobile bank in Moscow yesterday. The rouble bounced back from record lows, rising to 398 to the dollar, from a low of 450 last week.
        37 words
      • Article
        Royal Bank of Scotland's results
        78 8 LONDON Royal Bank of Scotland pic yesterday said it earned £20.9 million (5552.9 million) pre-tax in the year ended Sep 30, down from £57.7 million a year earlier. The bank's earnings were below analyst expectations. Pre-tax forecasts ranged between County Nat West's £43 million and
        78 words
    • Article, Illustration
      S'pore to be Barclays HQ for money market operations in Asia
      377 8  -  By Soh Tiang Keng SINGAPORE From January next year, Singapore will serve as the focal point and headquarters of Barclays Bank global money market operations in the Asian time zone. This upgrading of the bank's treasury operations in Singapore
      377 words
    • Article
      Lock icon Japan's banks may have to reveal bad debts
      343 8 NYT TOKYO Japan's major financial institutions will be asked to disclose their bad debts for the fiscal year ending next March, according to an interim report released on Wednesday by the Research Commission on the Financial System, an advisory committee to the
      NYT  -  343 words
    • Article
      Lock icon Manila's move opens door to foreign credit market
      294 8 Bloomberg MANILA The Philippines' conclusion of its commercial debt restructuring plan in London earlier this week paves the way for the country to borrow on international credit markets for the first time since 1983. The programme, concluded in Britain on Tuesday, involved
      Bloomberg  -  294 words
    • Article
      Lock icon Asian forex market slows as capital flow ebbs
      403 8 Reuter BANGKOK Asia's foreign exchange market is slowly drying up because of dwindling cross-border capital flows, Asian traders said in Bangkok. "Faced with scanty investor orders, the Asian market is becoming a financial desert with skimpy volatility and turnover, let alone momentum
      Reuter  -  403 words
    • Article
      Lock icon US insurers now willing to accept sweeping changes
      321 8 NYT WASHINGTON In a sharp break from past practice, the US health insurance industry has called for a new federal law that would require coverage for all Americans, define a basic set of benefits and try to contain health-care costs by limiting
      NYT  -  321 words
    • Article
      Lock icon UAP in new moves to win control of German insurer
      375 8 Reuter PARIS French insurer Union des Assurances de Paris (UAP) has made new moves to wrest control of German insurer Colonia Versicherung AG from French conglomerate Cie de Suez. UAP's board said on Wednesday it wished to resume talks with
      Reuter  -  375 words
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      63 8 HARROW LOUNG^ BUSINESS HOURS' —i 2PM 3AM I NO. 3 YUAN CHING ROAD #02-02 SINGAPORE 2261 AiAt I m: 2W1228 FAX: atnm I I I I j I Mim H H-H JT SEMINAR RATHER HKONtTSIKTIYE 1*«,»%I *«,»%:WH„,„,»•,.,.1 .h.5.t,. -...,.h.,«,»>'».-»;« t 7 i^ £«Z'^ZZ'ZT, Rasa $SK£aßesort three glorious kilometres of immaculate
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  • THE REGION
    • Article
      Lock icon Gems, timber trade helps liberation: Khmer Rouge
      378 9 Cambodian faction blasts UN documentation effort AFP BANGKOK Cambodia's Khmer Rouge guerilla group said yesterday that their mul-ti-million-dollar border trade with Thai traders was to bankroll the "liberation struggle" and described as "contemptible" a United Nations effort to document it. Trading in gems
      AFP  -  378 words
    • Article, Illustration
      Lock icon Part of M'sian police HQ gutted in fire
      163 9 AFP KUALA LUMPUR Part of Malaysia's federal police headquarters was gutted in a fire early yesterday, barely a day after a pre-dawn blaze razed a section of the Kuala Lumpur High Court building, officials said. Officials could not confirm if the two
      AFP  -  163 words
    • Article
      Lock icon We'll defend claim to Spratlys: Manila
      338 9 AFP, UPI MANILA The Philippine military will defend the country's claim to the Spratly islands despite its lack of resources to deter external aggression, military chief General Lisandro Abadia said yesterday. General Abadia admitted that the closure of the last US base here last
      AFP,; UPI  -  338 words
    • Article
      Lock icon Philippine economy grows 1.74pc
      331 9 AFP MANILA The Philippine economy began to recover in the third quarter, growing by 1.74 per cent over a year earlier, but the chances of reaching the 2 per cent target for the year are slim, officials said yesterday. A slight easing of inflation was also
      AFP  -  331 words
    • Article
      Lock icon Khmer Rouge tells UN it will free peacekeepers
      136 9 AFP PHNOM PENH The Khmer Rouge told the United Nations yesterday they would order a local commander to free the six UN peacekeepers being held hostage for the third day in central Cambodia, a UN spokesman said. The local Khmer Rouge commander
      AFP  -  136 words
    • Article
      S'pore expresses concern over UN observers' detention
      85 9 SINGAPORE The Singapore government yesterday expressed concern over the detention of six United Nations observers in Cambodia by Khmer Rouge forces. A Ministry of Foreign Affairs spokesman said the military officers were carrying out their duties and responsi- bilities as part of the
      85 words
    • Article
      Lock icon East Timor rebel leader was not forced to make statement: Try
      296 9 AFP JAKARTA Captured East Timor rebel leader Jose Xanana Gusmao was not pressured into saying he now recognised East Timor as belonging to Indonesia, says military chief Try Sutrisno. Claims to the contrary were an "insult" to Indonesia, the
      AFP  -  296 words
    • NOTE BOOK
      • Article
        Indon revenues may surpass 56 trillion rupiah
        133 9 JAKARTA Minister of Finance J B Sumarlin expressed optimism on Wednesday that state revenues would surpass the government's target of 56.10 trillion rupiah (Ss44 billion) in the current fiscal year. The minister told members of the House of Representatives (DPR) at a hearing
        133 words
      • Article, Illustration
        Under greater threat
        67 9 BRISBANE Myanmar's pro-democracy leader Aung San Suu Kyi is under greater threat because of her decision not to accept any support from Yangon's junta, Australian Foreign Minister Gareth Evans said yesterday. "Her physical position is at some risk," said Mr Evans. "This does, of course, add a
        67 words
      • Article
        10pc growth for KL conventions
        91 9 KUALA LUMPUR Malaysia's convention and exhibition industry is expected to achieve an annual growth of more than 10 per cent over the next five years, managing director of Pico International M Sdn Bhd, Peter Teh, said. Mr Teh who is also treasurer of the Malaysian
        91 words
      • Article
        More oil exploration areas
        71 9 CANBERRA The Australian government has released 17 new offshore areas for oil exploration. Resources Minister Alan Griffiths yesterday invited applications for the following areas off the north, west and south coasts of the continent: In the Bonaparte and Arafura basins off the Northern Territory; in the
        71 words
      • Article
        Manila draws more foreign aid
        77 9 MANILA The Philippines received US$l.2B billion (552.08 billion) in official development assistance (ODA) from major donors in the first 10 months of 1992, a 76 per cent increase over the same period last year, officials said. Three major donors Asian Development Bank, Japan's Overseas Economic
        77 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      119 9 Before you take your first step, we take 250SINCE 1873, Church Company has to elegant Available at Isetan Orchard, Robinsons, been producing classic English shoes. city shoes Sogo and Cinderella Shoe Boutique Some 250 stages go into the making of and relaxing J (Shaw Centre). a pair as they are
      119 words
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      Page 9 Advertisements Column 2
      58 9 J Sf up m,.'^l J^M >yr yr European t* V >. and pants designed to create a impression k v«PF >! i«* M -jk > <iS k Blki L KignToicjg KSHpk > GOLF FASHION WEAR <% Yi taMiiMfc amfr i w 'V' <^'-#bigiat iaßjf*€?-m<. f #*5' Z* 1 iT' fl
      58 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      239 10 NEW LANCIA THEMA. TECHNOLOGY TRANSFER 18 NEVER 80 BREATHTAKING. k i I Mm™**®*"' t wKKtt^KT mmr w** t The new Lancia Thema 16-valve. Driven by a regardless of engine speed. A jewel of modern completely new engine derived from Lancia's technology delivering 155 bhp, and 205 bhp in J tremendous
      239 words
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  • THE WORLD
    • Article
      Lock icon Clinton stimulus plan likely to have small impact: economists
      515 11 IHT WASHINGTON US pres-ident-elect Bill Clinton's eco-nomic-stimulus programme will provide a small boost to the American economy next year, enough to make only a tiny dent in the unemployment rate, business economists have predicted. A survey released on Wednesday by the
      IHT  -  515 words
    • Article
      Lock icon Five EC nations fall behind in single market laws
      412 11 FT, Reuter BRUSSELS Five European countries appear to be i falling behind their EC part- ners in the race to put EC i legislation on the single mar- i ket into force. i EC Internal Market Com- < missioner Martin Bange-
      FT,; Reuter  -  412 words
    • Article
      Lock icon Output in former W Germany down I1.5pc in third quarter
      299 11 AFP WIESBADEN, Germany Economic output in former West Germany fell by 1.5 per cent in the third quarter of 1992 from the figure for real gross national product in the second quarter on a seasonal-ly-adjusted basis, the Federal Statistical Office
      AFP  -  299 words
    • Article
      Lock icon Kohl rejects concept of Europe a la carte
      240 11 FT BONN Theo Waigel, the German finance minister, on Wednesday urged member states of the European Community not to rush into Economic and Monetary Union (EMU) too hastily, simply to preserve their national pride. Clearly implying that a two-speed Europe was better
      FT  -  240 words
    • Article
      Lock icon Red faces in Seoul over empty black box from Yeltsin
      256 11 NYT SEOUL The South Korean government, in the midst of a hard-fought presidential campaign, has suffered a major embarrassment with Russia's acknowledgement that it knew the tapes had been removed from a "black box" of a downed Korean airliner when
      NYT  -  256 words
    • WORLD WATCH
      • Article
        Japanese firms pull out of German trip
        96 11 BONN Nine Japanese firms have withdrawn from a weekend trip to eastern Germany organised by German Economics Minister Juergen Moelleman because they fear right-wing extremists, a newspaper reported. The Hamburg Morgenpost daily said in an article released ahead of publication yesterday that the
        96 words
      • Article
        German union accepts pay deal
        69 11 DUISBURG, Germany Germany's powerful IG Metall engineering union, negotiating on behalf of 125,000 steel workers, agreed to accept a 3.1 per cent pay rise from Feb 1 for 10 months, steel employers said yesterday. The deal confirms a trend towards significantly lower pay settlements in
        69 words
      • Article, Illustration
        Slippery catch for Gorbachev
        46 11 BUENOS AIRES Once used to superpower summitsC|j ex-Soviet president Mikhail Goibachev is seen pulling a fish from a net during a visit with his wife to the north shore of 4 River Plate on Wednesday. He is on a Latin American tour.fl
        46 words
  • Page 11 Advertisements
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      259 11 Analysis: Serious doubts about the future, Pg 13 Hong Kong Nouvelle Cuisine If f Regal ambience with attentive service Be a 'star 7 while you dine Enioy culinary masterworks at the Maple Garden For 10 Persons Savour your lunch or dinner in a modern setting Lunch Dinner that charmingly reflects
      259 words
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      4 11 rlv j^L. w VwKraJ&vpltsß^^^u^Bb-
      4 words
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  • Article
    Born-again brothers
    450 12 EDITORIAL IF A PICTURE is worth a thousand words, a war painting in a Hanoi museum depicting a 15th-Century battle between China and Vietnam says far more than words ever could. It shows huge wooden stakes, with sharpened ends, embedded in the seabed by the Vietnamese to rip
    450 words
  • WHAT THE OTHERS SAY
    • Article
      Singapore expects...
      283 12 MR S DHANABALAN's return to Cabinet duty barely three months after retiring from government says several things about the Singapore political culture part pithy, part worrying. The pleasing thing is that the crafting of what has become a proud, functioning country out of very little has imbued in
      283 words
    • Article
      Neighbourhood schools
      106 12 NEIGHBOURHOOD primary schools, which cater to 80 per cent of the school-going population, have done it again. Like previous years, many produced top students in this year's PSLE results. Certainly, their achievements will set a good example for others to follow as well as motivate them to excel
      106 words
    • Article
      Hongkong under test
      113 12 WHAT implications do the unrest in Hongkong have on economics and politics in the region? From the economic point of view, Hongkong's status as the regional financial and trading centre will be jeopardised. Hongkongers' confidence in a stable transition and the maintenance of the colony's prosperity during
      113 words
  • REGIONAL VIEWPOINTS
    • Article
      Making a serious effort
      147 12 AT FIRST glance, the steady decline in the number of people officially listed as missing from the May incidents might be viewed as an encouraging development. First reports right after the military shootings of pro-democracy demonstrators had about 1,000 people unaccounted for, although the list subsequently
      147 words
    • Article
      A compromise package?
      183 12 FOR A man whose downfall is predicted daily around the boardroom tables of Hongkong, the governor did not look like a man ready to throw in the towel when he spoke to the Legislative Council yesterday. Mr Chris Patten made it clear he would not back down
      183 words
    • Article
      Shipments of rubbish
      159 12 AMONG the expressions of satisfaction in the wake of the government's recent decision to ban the import of waste plastic, there are those who ask, and not without reason, what impact such isolated measures could possibly have on preventing our country from becoming a dumping ground for
      159 words
  • Article, Illustration
    Lock icon Old animosities flare up in HK
    838 12  -  Nicholas D Kristof analyses the war of words between Britain and China over Hongkong Governor Chris Patten's proposed political reforms Nicholas D Kristof NYT WARS in this part of the world have always been a bit odd, ever since the 19th century invasions by
    NYT  -  838 words
  • Page 12 Advertisements
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      309 12 BUSINESS iH T? or over two decades Singapore Business has covered I Pit J O JP the local and regional business scenes with more depth I Wil 311(1 breadth from a perspective which is more relevant to 1 ILJ T VJ local businessmen than any other publication. Some may call
      309 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      The flaw in the Soeryadjaya strategy
      1896 13  -  William Chia examines the troubles facing Indonesia's Soeryadjaya family William Chia INDONESIAN business patriarch William Soeryadjaya knew that his eldest son Edward was an aggressive risk-taker who was unlikely to fit into the established corporate hierarchy of the staid conglomerate PT Astra International which
      1,896 words
    • Article, Illustration
      Lock icon Serious doubts about the future
      864 13  -  Maastricht may have aimed to bring Europe closer, but the EC is instead being driven apart by economic, monetary and political divisions. Craig R Whitney reports Craig R Whitney NYT A YEAR after optimistically setting course for monetary union later in the decade, the 12-nation
      NYT  -  864 words
  • Page 13 Advertisements
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      114 13 Ermenegildo Zegna 0 erl fPRH|H I T i n d a r i. The Traveller's Ideal Suit. From the finest superfine Australian wool, Ermenegildo Zegna has created Tindan. a fabric that's comfortably soft and lightweight. Tindan establishes a new concept in suitings, a traveller's ideal suit created to withstand the
      114 words
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  • SPORTS 1
    • Article
      Lock icon Aussie press welcomes Border's stiff fine
      329 14 Reuter SYDNEY Australia's usually partisan press yesterday welcomed the stiff fine imposed on cricket captain Allan Border for dissent in the dramatic drawn first Test against the West Indies. "The cricket community has made it clear that bad behaviour will no longer be tolerated,"
      Reuter  -  329 words
    • Article, Illustration
      Lock icon Scales tipped in US favour
      655 14 Davis Cup AFP FORT WORTH, Texas According to John McEnroe, the outcome of the 1992 Davis Cup final starting today is a matter of simple arithmetic: four Americans will beat two Swiss. "I suspect we will win 5-0," McEnroe said shortly after the United States
      AFP  -  655 words
    • Article
      Lock icon Modern pentathlon fighting for Olympic survival
      409 14 AP LONDON The shooter pauses to concentrate, adjusts a piece of equipment, steps forward, raises the pistol and fires a laser beam at the target. Sensors score the shot, informing a computer which provides a running total for competitors, officials and spectators. Welcome to
      AP  -  409 words
    • Article, Illustration
      Lock icon Langer, Frost among contenders for golf's top prize
      432 15 Million Dollar Challenge AP SUN CITY, South Africa Bernhard Langer and David Frost are trying to become the first three-time winners of the Million Dollar Challenge, which opened yesterday with the richest prize in golf. Seven of the world's nine top-ranked players
      AP  -  432 words
    • Article
      Lock icon Ortlieb bent on winning downhill skiing
      326 15 Reuter VAL D'ISERE, France Ten months after his Olympic downhill triumph, Austria's Patrick Ortlieb returns to Val d'lsere intent on capturing a long overdue first World Cup win in the opening men's downhill of the season today. The 25-year-old son of an Alsatian pastry
      Reuter  -  326 words
    • Article
      Lock icon Rally world plays musical chairs as drivers change teams
      278 15 AFP PARIS The rally world was playing musical chairs on Wednesday as the sport's leading drivers swapped teams for the 1993 season. World champion Carlos Sainz announced he was leaving Toyota to drive a Lancia for the Jolly Club team, while
      AFP  -  278 words
    • Article
      Lock icon Reynolds sets sights on indoor season
      159 15 Reuter LOUISVILLE, Kentucky Butch Reynolds plans to make up for lost time when he returns to competitive running this indoor season following a two-year International Amateur Athletic Federation ban for testing positive for steroids. "I think I'm definitely going to have a great indoor
      Reuter  -  159 words
  • Page 14 Advertisements
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      868 14 BUSINESS TIMES «W I^^H% Toll free Tel No 737 0Q43 Fax No: 734 3608 I I AMTEK ENGINEERING LTD lSf I (Incorporated in the Republic of Singapore) LIj^BLJ I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN thai the Twelfth Annual General Meeting of AMTEK 8 ENGINEERING LTD
      868 words
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      Page 14 Advertisements Column 2
      110 14 Professional Nominee, Full Accounting and Administration Service* available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain for delivery on the same day within Singapore. 8.V.1 O ISLE OF MAN BAHAMAS JERSEY BELIZE O LIBERIA COOK ISLANDS O MADEIRA a DELAWARE O MAURITIUS GIBRALTAR PANAMA
      110 words
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  • SIDE LINES
    • Article
      Senna denies signing with McLaren
      106 15 SAO PAULO, Brazil Ayrton Senna on Wednesday denied rumours that he will continue driving for the McLaren Formula One team next season. Brazil's three-times former world champion confirmed, through a spokesman, that he is still without a team for the 1993 season. Comments in the
      106 words
    • Article
      New squash deal
      67 15 HASTINGS, England The Women's International Squash Players Association (WISPA) has unveiled plans for a major new tournament in Japan and a lucrative sponsorship deal. Japan Squash Merchandising, headed by Tokyo businessman Tetsuya Kobayashi, are to put up prize money of US$6O,OOO for the JSM Super Squash Tournament
      67 words
    • Article
      Ice-hockey exhibition series
      41 15 CALGARY, Alberta Canada's national ice hockey team will take on Russia in a 10-game exhibition series in Ontario and Quebec during the Christmas-New Year's holidays, Hockey Canada said on Wednesday. Nine of the 10 games are in Ontario.
      41 words
    • Article
      Major support
      86 15 LONDON British Premier John Major has lent his considerable support to England's campaign to stage the next cricket World Cup. The cricket-mad Prime Minister has written a foreword to England's 20-page bid, which will be submitted to other countries in the run-up to the decision early next year.
      86 words
    • Article
      A P Indy's retirement
      107 15 VERSAILLES, Kentucky News of A P Indy's retirement to stud saddened fans who hoped to see the 1992 Behnoot Stakes and Breeders* Cup Classic winner race next year, but the announcement has been greeted warmly by breeders. The retirement of the three-year-old Seattle Slew colt top
      107 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      138 15 If ydu Rrek't Scoring Well. Hrve YIUR Bhll Exrminei. Then after, examine ours. In particular, our golf balls in the Altus Extra Velocity (EV) range. The EV3S, EV4O and EV4S are all specially designed for maximum flight. Just by matching the appropriate ball with your differing swing styles and head
      138 words
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      Page 15 Advertisements Column 2
      80 15 Can you stomach our Sri Lankan crab curry? I (Saturday and Sunday special J I Or any of our delirious curry dishes! If you can, you'll leave us with a I heavy heart! Start off by dialing 293 0413 for reservations. lI.M AM II H'm I CHANDIL lOAD (y»rall«l to
      80 words
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      Page 15 Advertisements Column 3
      189 15 6 i CERRUTIIBBI 1 LUNETTES f Sole Agents for Singapore, f Malaysia jr ra Sin Kwang Optical Pte Ltd %< J AUTHORISED DEALERS: APEX OPTICS A CONTACT LENS Tanjong Katong Comply *****79 ASSOCIATH) OPTICAL COMPAWY fl Peoote s Park Complex *****09 AXIS OPTICS PTE LTD Parkway Parade *****60 BEST OPTICAL
      189 words
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  • Page 16 Advertisements
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      667 16 ESKy J'% t SnH«BHHMHBiraSiraX»SI qPkbS m9%h!l IBBSB I r m V cJb HHcf«- ';i .'"<£; §§I V- <\V m Zhf&f». 5 V<iC», 9 i I V H IHw nn i V* S^ j > i* t I >i |fe^ f J *„,~y Ic' V&*&& V ;'<ofcW^sgJßp^ i a 2j££|M^fl^dMj^'; ■rb|
      667 words
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  • FOCUS
    • Article, Illustration
      A politically shrewd manoeuvre
      1192 17  -  By calling a by-election in his own ward, the Prime Minister has found a way to fulfil the promise he made during last year's General Election and, says Chuang Peck Ming, this time Mr Goh and his team may even better their high share of the
      1,192 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      88 17 r r it h JJp I J •v, >v* V m S j •J f I Success at corporate meetings is often influenced by how you arrive to conduct them. >\ T J 4 A commanding presence is what distinguishes the new Bentley Brooklands. A hand-built luxury marque founded in
      88 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      414 18 IM Nothing Beats ABud-H^fl ffuwo or 5W Penasjg High Tea Gome and sample our revamped menu at Princess Terrace. It's extra delicious! Available every Saturday, Sunday and Public Holidays from 3pm to spm. At only $11.80++ per adult and $6.80+ per child, The combined experience of inclusive of coffee/tea, this
      414 words
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      Page 18 Advertisements Column 2
      222 18 WHERE TO WINE, DINE r p^F B Our weekend high tea is so satisfying, people sometimes break into song. Choose from a sumptuous variety of savoury and sweet favourite! And if that's not enough, our Sunday tea special also includes Karaoke at Singsation, Singapore's only theme karaoke. Weekend Hi Tea:
      222 words
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      Page 18 Advertisements Column 3
      199 18 Guessyrfto's forder -fjmSarrtia this Christmas? rnenmtions. We serve the worki to you at Top of the M Q/Amdarm OD^^mk^ h lhw<—d I Win. 1)1 Ordwd «o»t> 0»i) T«l *****11 Saturday Spectacular The Saturday Buffet Lunch at Coleman's Coffee House is a weekend treat really worth y .\J waiting for. This
      199 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      621 18 TELEVISION AND RADIO TJrkiioinrr nfnKlaTYic ***** gg* ?3 business on raokj H Housing problems sssi: gS? i II World-?Tt£ tie PriM Cedric (C) 10.30 Sport*. World Business Report ck f ,he other <sce ur HI one .<> 1100 SrSfn? c, tks Dod *>-s in w r Wr«K- Til* of Hill-
      621 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A traveller called Palin
      1070 19  -  His book has outsold Madonna's Sex; his charm adds a new dimension to travel documentary. Susan Keselenko Coll meets Michael Palin Susan Keselenko Coll IHT ENGLAND is engaged in an unlikely love affair. Not to suggest that the scandalloving British no longer care about Diana's true
      IHT  -  1,070 words
    • Article, Illustration
      I thought I was killing an image: Lennon murderer
      579 19 ChAtTtflBO* THE MAN who murdered former Beatle John Lennon says in a US television interview to be broadcast today that he never thought he was killing a real person, but an image and "an album cover". In an interview with ABC
      579 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      157 19 AND ENTERTAIN The Oceans Catch Our Seafood Buffet on Fridays are "fishy" affairs. Drop by for the freshest catch from the ocean Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL SINGAPORE 732-1222 extension 1700 TwiMiSntop HAVE A LOG THIS CHRISTMAS. From Christmas
      157 words
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      Page 19 Advertisements Column 2
      295 19 I To The Boardroom, I sMi Km II M I Hi M UOl ;M nt 2H it PbriA n <fl a I y-'-*****»- y. In* ~^m §P IMP J(?h Brave the storm. Or take the business by storm. Sperry has a fv^': vivid range of top-side rs and classic cuts
      295 words
    • Advertisement
      Page 19 Advertisements Column 3
      125 19 Dec to 31 D ec 92 ®xperience exotic dining and partake in the goodness of snacks, padi birds, turtles, deers and ducks. Shredded snake meat with chrysanthemum, baked padi sparrows stuffed with liver, sausage and braised turtle in claypot, just to name a few. Available for lunch and dinner. i
      125 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Hongkong jitters dampen Singapore share prices
      3843 20  -  By Lilian Ang JITTERS about the Hongkong stock market's plunge yesterday dampened activity on the Singapore exchange and local share prices eased in moderate trading. The local bourse began the day on a rather firm note, but persistent selling in Hongkong sparked ofF some
      3,843 words
    • Article, Illustration
      Lock icon HOTSTOCK
      78 20  -  By Anthony Pang KEPPEL CORP has again met stiff resistance at $6.40 a result perhaps of short-term range traders taking profits. The stock may retreat to about $5.70, though having been trapped in the $5.50-$6.40 range for the past four months it could well have built a solid base
      SOURCE: BRIDGE INFO  -  78 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      61 20 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 —jf MW Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 W. Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Mwak THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia; THE HOUR GLASS Lot 10 Centre, Kuala Lumpur Tel. 03-*****20/932 Yow
      61 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3228 22 Berjaya Group 119 +7 +6.2% Beijaya Leisure 172 +6 +3.6% Samanda Hldgs 225 +5 +2.3% GIL US$0.10 140 +2 +1.4% Berjaya Grp Ln 68+3 +4.6% Beijaya Ind 79 +2.5 +3.3% Hume M 376 +2 +0.5% M Resources 148 +2 +1.4% Shell 420 +2 +0.5% UMW
    3,228 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      582 22 BUSINESSniHS Toll-free Tel No: 737-0843 Fax No: 734 3688 I NOTICE 1 I ALLGREEN PROPERTIES LTD I I MIDPOINT PROPERTIES PTE LTD I I WYNDHAM CONSTRUCTION PTE LTD I I (at 15 &19 Carpenter Street, Singapore 0105) I I WILL BE USING A NEW TELEPHONE SYSTEM EFFECTIVE I I MONDAY
      582 words
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      Page 22 Advertisements Column 2
      164 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO ANO IN THE MATTER OF NISHIO INTERNATIONAL PTE LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being voluntarily wound up. are required on or before January 7. 1983 to send in their names
      164 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon HK's sharp fall drives share prices down
      5522 23 Bernama SHARE prices closed lower yesterday as selling pressure increased in the afternoon session following an 8 per cent fall in the Hongkong market yesterday. Tjhe KLSE Composite Index at the close dropped 5.11 points to 636.40, the Industrial Index was 10.41 points
      Bernama  -  5,522 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      264 24 CiWMH Date Ymr Group Itot Not earnings Cross ann to profit/loss p*r slurs divMsnd (••00) (csnts) MSB Dec 1 Jun 92 M$334(M$11.495) 0 33(11.2) 5(12) Amal Steel Dec 1 Jun 92 M$88.527 ($85,262) 165(19) 12(10) QAf Ltd Nov 28 Mar 92 $7.034($2.096) 2.2(0.4 2 5(-) Goodwood Park Nov
      264 words
    • Article
      OTHER RESULTS DUE
      365 24 Mm BmN WMto Immm Pari* late taar EPS Itet mmmott (cte) pn« last mr EMS Find Nov 6 Jul 91 30TE 17.8781 Nags Interim Sep 10 Dec 92 5.3 5.0 4.436 CP latteries Interim Nov 11 Mar 93 41.3 118TE 13.952 MTP INgs Interim Nov 15 Mar
      365 words
    • Article
      PRELIMINARY RESULTS
      129 24 Cwniy Date Yur Group N«t Net umi«p Gross mr to profit/loss por skin dhrMond COOO) (cents) Times Pub Nov 20 Aug 92 J24,168(J35.903) 19.9(29.5) 10(10) ABB Nov 14 Jun 92 MJ334UJ11.495) -(22.4) 5(12) NST Nov 16 Aug 92 MJ68,894(J55.298) 38(31) 20(10) Kcmayan Nov 16 May 92 MJ23.461KJ457L) 3(1.5)
      129 words
    • Article
      DIVIDENDS ANNOUNCED
      854 24 Currant Ex torts Date Wh JWfcr payiMHt date ctes* pirate* n* to*** MS8 5*(b) Jan 8 Jan 22 Jan 29 5* 12* Ami Sted 50c 12* (b) Nov 19 Oec 3 Jan 2 12* 1» Amtek Ei* 20c 6*TE Dec 4 Dec 10 Dec 30 12*11 12*11 Ant*
      854 words
    • Article
      INTERIM RESULTS
      336 24 Company Date Half-year Group N«t Interim am to pro«t/te»f dividend (•000) M Credit Oec 1 Sep 92 $2.042L($6.249) 1(6.3) G8 rtdgs Nov 30 Sep 92 $1.825($1.108) 2.5TE(2.5)TE Metro HUgs No* 27 Sep 92 $3,661 (J1.938) Transmarco No* 27 Sep 92 $2,243 ($2,207) PMRI No* 27 Sep 92 M$1.257($4,868)
      336 words
    • Article
      RESULTS FORECAST
      145 24 ■m tmi Last M Tear Fane* late M M Pratt IPS ■d Tear EPS 6ms pre* N« N« Caa»af P«M M f (ct») ($1H) (SSa) hn Pali F Nov 18 Dec 92 1.8 1.5 4,925 4.5—7.5 1.2—2.0 CM F Oec 10 Sep 92 41.1 17.0 71,983 70.2—81.3 32.8-43.1
      145 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      577 24 Trans RtdtttrM) Sibstintiil Buy/ II®. StawfciHto® Stock Data Holder Sturahoktor/Wractar Sail »k»ra* S C »/i,/Q9i«,.^Rp M LeowS«wBene B 70.000 43.950 160.000 0 00 230.000 0 00 25 S/ll/w United Overseas Insurance S 50.000 452.500 900.000 0 00 850.000 0 00 SL S/ll/q? 0ns Soon Kiat B 2,000,000
      577 words
    • Article
      CORPORATE DEVELOPMENTS
      626 24 Nov 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
      626 words
    • Article
      APPROVED ISSUES
      458 24 Company Rights Issue Maa Tech Three-tor five fe $100 per share b<Jate Dec 10 Bks Close: Dec 22 Acceptance and Payment: NY A Guttvit GTS One tor-one <a SO 23 per share Ex-date: Nov 26 Books dose: Dec 8 Acceptance Payment NYA krong Eng Onetor five fe S2
      458 words
    • Article
      PROPOSED ISSUES
      436 24 Company Rights Issue Ami Sted One-tor three fc, MJ2 20 per share Issue of *****m bOS Cumulative Redeemable Preference shares of 10 sen each 1992/97 (HPS) with up to *****m Transferable Subscnpbon R«hts (TSR) for an aggregate pnce of MSI per CRTS with one TSR. on the base
      436 words
    • Article
      COMPANY MEETINGS
      229 24 Many ant Press (M) Bhd: EGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jaian Tun HS Lee, ***** Kuala Lumpur, on Friday, December 4, at 11.00 am Fab* Grotf) Bhd: 29th AGM at the Ballroom, Mezzanme Floor, Hotel Equatorial, Jaian Sultan Ismail, ***** Kuala Lumpur,
      229 words
    • Article
      SCRIPLESS CONVERSIONS
      109 24 Conversion Special Trdg Scripiess Conversion deadline Period Trading Companj starts (I DP) (ST) starts Alliance Tech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Bonvests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Chemical lad Nov 9 Dec 3 Nov 23 Dec 3 Dec
      109 words
    • Article
      RECORD HIGHS & LOWS
      145 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 1316.68 (21/2/92) 1992 h*t 1545.92 (27/1/92) 1992 1Mr 1122.50 (78/8/92) 1992 Inr 1310.95 (18/8/92) 1991 htfc 1333 08 (3/6/91) 1991 N* 1565.58 (3/6/91) 1991 tar 1022.52 (16/1/91) 1991 low: 1149.08 (16/1/91) 1990 hi||c 1435.43 (16/7/90) 1990 N* 1607.12 (27/3/90) 1990
      145 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      361 24 In local cut In S$ la USS dy >t dy yr S d> >t Dec 1 Index chge chge chge chge chge chge World 389.6 -0.5 -4.6 -0.5 -7.1 -0.4 -8.1 1EAFE 454.1 -0.9 -9.6 -0.6 -13.8 -0.6 -14.7 Europe 425.7 0.2 3.5 0.8 -7.5
      361 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shanghai A shares surge but other markets down
      416 25 CLSA BETTER-THAN-EXPEC-TED performance of the newly-listed stocks in Shanghai boosted sentiment among investors with the CLSA Shanghai A Index surging 13 per cent to 5,360.43 yesterday. Jiabao A was listed yesterday and it closed the day at 160 renminbi, or 281 per
      CLSA  -  416 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market sees active trade on Astra rumours
      1111 25 Reuter SHARES traded robustly yesterday on reports of a possible change in the ownership of the country's second largest company, the beleaguered automobile assembling giant PT Astra International, brokers said. "Any news on Astra ownership is good news. And what happens in Astra
      Reuter  -  1,111 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Index down as investors take profit on bank shares
      1999 25 Reuter STOCKS extended their losses in afternoon trade yesterday as investors sold banks to take profits from Tuesday's rises, brokers said. The SET Index lost 6.16 points, or 0.70 per cent, to 868.59 on turnover of 5.09 billion baht. Declines led
      Reuter; Source: Bridge Info  -  1,999 words
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      Page 25 Advertisements Column 1
      179 25 YOUR VERY OWN HASSLE-FREE EUCT^KN^^mesmncjj 1 If news and other pertinent information on companies listed on the Stock Exchange And for 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
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares weaker on profit-taking
      2603 26 Reuter STOCKS ended down yesterday in thin, lacklustre trade on profit-taking and futuresled selling. Weak European and US markets overnight, Hongkong's plummet yesterday and the sheer lack of reasons to keep buying whittled away earlier gains and pulled the market lower, brokers said. "This area seems
      Reuter  -  2,603 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng crashes on panic selling
      2308 26 Reuter STOCKS crashed 8 per cent as political fears put investors into panicky flight out of the market. The blue chip Hang Seng Index ended 433.44 points lower at 4,978.21 near the close, some 17 per cent down since the weekend and 23 per
      Reuter  -  2,308 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Uncertainties in HK weaken Aussie market
      2053 27 Reuter SHARES closed lower yesterday as the continued plunge of the Hongkong market caused some local uncertainty, brokers said. But they said the factor was largely offset by an inflow of capital into Australia as investors withdrew from the Hongkong market. "The fall in
      Reuter; Source: Bridge Info  -  2,053 words
  • Manila shares rise for third straight day
    • Article
      MANILA
      580 27 SHARE prices rose for the third straight trading day yesterday as investors took positions in the market in anticipation of better economic conditions in the Philippines in 1993, brokers said. The Manila Stock Exchange Composite Index went up by 6.14 points to 1,279.54 from Wednesday's 1,273.40. "Enthusiasm is coming
      580 words
    • Article
      SEOUL
      852 27 STOCKS slid in moderate trading yesterday as a sell-off sparked by the central Bank of Korea's rejection of a cut in interest rates spread across the board. Brokers said the market would continue to lose momentum in the absence of positive news until the presidential election on Dec 18.
      852 words
    • Article
      BOMBAY
      132 27 EXPECTATIONS that the government will announce further liberalisation of the Foreign Exchange Regulation Act and the Drug Prices Control Order helped to pep up a dull stock market yesterday. Trading elsewhere was in low volume. "The markets will rise today if the policy changes do come," said Alarkan Namboodiri,
      132 words
    • Article
      NEW ZEALAND
      292 27 THE SHARE market finished lower for the third consecutive day yesterday as the bourse continued to consolidate from a strong run last week. Opinions are divided about how long the correction will continue. "I'll just get my crystal ball out it looks cloudy," one broker said. The NZSE-40
      292 words
    • Article
      Untitled
      415 27 Close Previous I Dec 3 NEW ZEALAND frj* NZSE-40 Capital 1.519.54 1.525.56 -6.02 1 J MANILA Composite Index 1.279.54 1.273.40 6.14 J J Turnover (mil pesos) 242.17 244.39 -2.22 TAIPEI ;l Weighted Price Index unav 3.635.70 t J Turnover (NTS billion) 4.3 SEOUL !j Composite Stock Index 638.93 650.20 -11.27
      415 words
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  • Wall Street consolidates recent gains
    • Article, Illustration
      NEW YORK
      1221 28 STOCKS slipped further in heavy trading on Wednesday as the market came under persistent profit-taking following its recent four-day rally. Even the over-the-counter market succumbed to profit-taking to snap its five-day record-breaking streak. The Dow Jones Industrial Average, which retreated 10.80 points on Tuesday, fell another 8.11 points
      1,221 words
    • Article, Illustration
      LONDON
      797 28 SHARE prices fell in trading here on Wednesday, undermined by losses on Wall Street and in Hongkong. At the close, the FT-SE Index of 100 leading shares, which had reached record high points during the previous four trading sessions, was down by 27.9 points to 2,764.1 points. The FT-30
      797 words
    • Article
      FRANKFURT
      258 28 THE STOCK market was mixed on Wednesday in light trading as the DAX Spot Trend Index ended the day at 1,533.96 points, off 0.71 per cent from the Tuesday close, but the Commerzbank Indicator gained 3.30 points to 1,717.30. Dealers said the market weakened in mid-session, a fact they
      258 words
    • Article
      AMSTERDAM
      462 28 SHARES had a mixed session on Wednesday, but sentiment remained very firm. Dealers are hoping a yearend rally, possibly inspired by Wall Street, is on the cards. The EOE Index closed 0.40 lower at 279.24, having hovered around the upper end of its 274-280 recent trading range for most
      462 words
    • Article
      PARIS
      101 28 THE BOURSE suffered a moderate loss on Wednesday, as the CAC 40 Stock Price Index ended the day at 1,783.33 points, down by 0.5 per cent from the Tuesday close. Other markets in Europe, South Africa and Canada Paris Dec 2 FFr TTC0R8EILLE Air-Liquide 759.00 4.00 Alcatel Ansthom 649.00
      101 words
    • Article
      TORONTO
      361 28 STOCKS finished mixed on Wednesday after a financial statement from the Canadian government failed to deflect attention from Wall Street, dealers said. "If you look at the major stuff, the banks etc, we are going sideways," said Rolie Bradley of Maision Placements Canada. The TSE 300 finished 8.4 lower
      361 words
    • Article
      MILAN
      348 28 SHARES closed off their lows on Wednesday as short covering lifted some major stocks from the weakest parts of the session. The MIB Share Index closed floor trading 1.49 per cent lower at 858, bettering the 2.7 per cent fall earlier in the session. "Those who sold short at
      348 words
    • Article
      ZURICH
      245 28 SHARES closed a quiet day on Wednesday mixed to lower as banks and insurers saw slight gains, while prices in the industrial sector fell slightly owing to the weak US dollar, dealers said. Prices fluctuated in a narrow range all day. Ciba-Geigy registered shares, four Swiss francs lower at
      245 words
    • Article
      STOCKHOLM
      145 28 SHARES closed lower on profit-taking; after recent sharp gains following the flotation of the kronor on Nov 19, which was seen as boosting the competitiveness of Swedish export firms. Renewed unease within the European Exchange Rate Mechanism, however, raised some concern that it could' lead to more floating currencies,
      145 words
    • Article
      Untitled
      448 28 Dec I Close Previous NEW YORK Dow Jones 3.286.25 3,294.36 -8.11 SAP 500 429.89 430.78 -0.89 Turnover (million) 247.01 263.76 -16.75 LONDON FTSE 100 2.764.1 2.792.0 -27.9 FT-30 2.097.8 2.106.5 -8.7 Turnover (million) 614.4 629.3 -14.9 FRANKFURT DAX Inde* 1.533.96 1.544.89 -10.93 AMSTERDAM EOE Index 279.24 279.64 -0.40 PARIS CAC-40
      448 words
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  • CURRENCY, MONEY & FUTURES MARKET
    • Article
      US dollar ends sharply higher against mark in Tokyo
      1169 29 REPORTS fOIKO .y:v•• <• Tokyo: The US dollar yesterday closed sharply higher against the mark and firmer against the yen in Tokyo, compared with its Wednesday closing levels. "The dollar was well bid against the mark," said a senior dealer at
      1,169 words
    • Article
      INTERBANK FOREX RATES
      395 29 Cross rates p** 3 USS SS MS Dm Yen SFr AS NZS USS 1.6360 2.5420 1.5790 124.45 0.6460 1.4030 1.4588 1.9436 SS 0.6112 1.5538 0.9652 76.0697 0.3949 0.8576 0.8917 1.1880 MS 0.3934 0.64 0.6212 48.9575 0.2541 0.5519 0.5739 0.7646 Dm 0.6333 1.0361 1.6099 78.82 0.4091 0.8885 0.9239
      395 words
    • Article
      MONEY MARKET
      580 29 Interbank rates s$ Bid Offer" Overnight 5/8 3/4 1-month I 11/16 1 13/16 "2-month I 15/16 2 1/16 3-month 2 1/16 2 3/16 Overnight mode: 1/4 L'SS Bid Offer 7 days 3 1/8 3 1/4 '1 month 3 3/16 3 5/16 2 months 3 7/8 4 3 months
      580 words
    • Article
      Lock icon Bundesbank intervenes further on franc
      285 29 IHT PARIS With speculation increasing against the French franc, the German central bank signalled on Wednesday that it was prepared to go even further than it did in September to head off a devaluation of the franc. The significant new element was that the Bundesbank
      IHT  -  285 words
    • Article
      FINANCIAL FUTURES
      1616 29 SjjjEX eurooollar Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.10 96J2 96.10 %7i 5800 4902 ***** Mar 93 96.11 96.13 96.11 96.12 8900 8695 ***** Jun 93 95.60 95.61 95.58 95.60 4500 5981 ***** Sep 93 95.08 95.10 95.07 95.09 1700 3544 6379 Dec 93
      1,616 words
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  • COMMODITIES
    • Article
      Lock icon Oil prices slip further despite Opec's confidence
      297 30 Reuter LONDON World oil prices slipped further on Wednesday to eight-month lows as markets were not convinced by Opec president Alirio Parra's confidence in the group's pact to limit production, traders said. January futures for the world benchmark crude oil. North Sea Brent
      Reuter  -  297 words
    • Article
      Lock icon Poland plans to cut back raw metal exports
      316 30 Reuter WARSAW Poland said it planned to reduce exports of raw mining products and put more effort into processing to avoid a sell out of its natural wealth. "Poland must stop playing the role of Europe's raw materials basin," the Industry Ministry
      Reuter  -  316 words
    • Article
      KL tin surges 46 sen on strong buying interest
      751 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market rose 46 sen to close at M$ 14.53 per kg on heavy buying interest yesterday. Dealers said the market gained impetus from the sudden rise of US$l75 on the London
      751 words
  • Article
    PRICES
    1460 30 Rubber HAS Commodity Exchange (future dm** m at lpm) RSS1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 93 146.00 146.00 146.25 50 3.675 Feb 0.00 0.00 146.25 0 4.650 Mar 146.50 146.50 146.50 75 4,925 Apr/Jun 147.25 146.75 147.25 1.425 21.300 Jul/Sep 147.75
    1,460 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      744 30 BUSINESS TIMES Toll free Tel No 737 0043 'Fax No: 734 3698 IN THK MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STOTT PRIVATE LIMITED (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being
      744 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1143 31 City Flight ETA Flight 1 TD 1 City Flight ETA Flight ETD UNMMM GA890 2330 Kota Kinath liu SQ187 MH631 1455 1520 SQl 88 MH630 0930 0950 Adelaide QF81 1935 QF82 SQ227 2050 2230 Kmli Luntf >ur MH629 MH640 0035 0805 MH604 SQ102 0715 0730 Amterdam
    1,143 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Re-inventing the past in the Lost City
      677 31  -  POSTCARD FROM SUN CITY By Bill Keller YOU ARE in Africa, but in no particular place. The drizzling rain forest says the latitude is tropical. But that grove of pendulous baobab trees, still adjusting to their new home just across the lagoon-sized swimming
      677 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1174 1.1335 Canadian dollar 1.2623 1.2880 NZ dollar 0.8325 0.8495 Sterling pound 2.5192 2.5550 US dollar 1.6310 1.6390 Local dollars to 100 units of foreign currency Austrian schilling 14.59
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      72 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser 2f! Jan 7-10 Autosports Birmingham Haymarket 071-*****20 Jan 20-23 British Education Barbican EMAP Intl 071-*****47 International Exhibitions. (fax) Training Centre. Exhibitions Ltd. Teddington TWII Technology London London Jan 7-10 London Earls Court, National Boat 0784-*****8 j an 19.24
      72 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      39 31 TTie best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
      39 words
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      Page 31 Advertisements Column 2
      5 31 Chartpoint in BT every Saturday
      5 words
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      Page 31 Advertisements Column 3
      284 31 BUSINESS T I Toll free Tel No; 737 QQ43 Fax No: 734 3608 IN THE MATTERS OF THE COMPANIES ACT, CAP. 50 GRAND SEASON TRADING PTE LTD At an Extraordinary General Meeting of GRAND SEASON TRADING PTE LTD duly convened and held on the 2nd Dec. 1992 the following special
      284 words
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      Page 31 Advertisements Column 4
      237 31 IN THE SUPREME COURT Of SINGAPORE COMPANIES WINDING UP NO 450 Of 1986 IN THE MATTER Of THE COMPANIES ACT. CHAPTER 90 AND IN THE MATTER Of CITY SECURITIES PTE NOTICE TO CREDITORS TO SUBMIT PROOf S NOTICE IS HEREBY GIVEN pursuant to Rule 91 of the Companies (Winding up)
      237 words
    • Advertisement
      Page 31 Advertisements Column 5
      220 31 IN THE MATTER Of THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER Of HUOELANO TRADING PTE LTD MEMBERS VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that the Final Meeting of the members of the company will be held at Bond Centre. Lippo Tower. 40th Floor. 89 Oueensway. Hong Kong, on
      220 words
    • Advertisement
      Page 31 Advertisements Column 6
      338 31 M THE MATTER Of THE COMPAMES ACT, CHAPTER 90 MOME COMTE (HOLDINGS) PTE LTD In Memtoera' Voluntary Liquidation At an Extraordinary General Meeting of the Company convened and held at 10.00 am at 36 Robinson Road. *15-00 City House Singapore 0106 on 26 November 1992 the following resolutions were duly
      338 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      266 31 1 Healthy stock could be transported 11 Down the media action 12 Unparalleled description j j Commons I^15 Ingenuous but heartless on a notable achievement (7) j 1 19 Marching order by a jingoistic Democrat! 22 Put back outstanding piece LaJ 24 Indirectly referring to retir- I ing Roman dictator
      266 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      174 31 Singapore Outlook: Intermittent rain. It is expected to be heavy at times in the late morning and afternoon. ReportMaximum temperature 27.0 Assoc humidity 87% Minimum temperature 23.3 Assoc humidity 100% Hours of sunshine 1.45 Rainfall in mm 37.2 Rainfall this month 42.6 Rainy days this month 3 World report Asia-Pacific
      174 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      30 31 i GOOD POORN»NG—v 1 1 C>E£IN pvm hour F\>O =;-vo,c> t|GUN «< FW»ieS L3TS I -lou TO Rex.UP 152>0r7 v 53°) J \TVAe. R*3N£ 682 I ASSOCIATED NEWSPAPERS LTD.. IHMNI 115=2—1
      30 words
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  • Article
    Lock icon Li Peng claims success at end of Hanoi visit
    438 32 But Viets say plenty of problems remain Reuter, AFP HANOI Chinese Premier Li Peng ended his visit to Hanoi yesterday, saying his trip had brought Vietnam and China closer together, but Hanoi made it clear plenty of problems remained between the
    Reuter,; AFP  -  438 words
  • Article
    Yeltsin hits back at reform opponents
    423 32  -  From John Helmer in MOSCOW RUSSIAN President Boris Yeltsin has hit back at opponents of his economic reforms and presented plans to override the country's supreme legislature and increase his own powers. A resolution signed by him and circulated yesterday on the third day
    423 words
  • Article
    Lock icon Chinese make few concessions to visiting American senators
    269 32 Reuter BEIJING Three US senators said yesterday they had warned China that its continued trade privileges depended on a better human rights record, but won only minor concessions. David Boren of Oklahoma, Claiborne Pell of Rhode Island, and Carl Levin of Michigan,
    Reuter  -  269 words
  • Article, Illustration
    Necessity brings two former foes together
    784 32  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT IN THE midst of an escalating battle with Governor jChris Patten, China's United Front operators have scored a small but significant victory. They have
    784 words
  • Article
    Lock icon China replaces its hardline propaganda chief
    203 32 AFP BEIJING The Chinese Communist Party has removed its hardline propaganda chief, Wang Renzhi. who engineered a clampdown on culture and media after the 1989 pro-democracy movement, Chinese sources said yesterday. Mr Wang was replaced by Ding Guangen. a protege of senior leader Deng
    AFP  -  203 words
  • Article
    Lock icon EC, US locked in farm trade talks, again
    183 32 Reuter, AFP BRUSSELS US and EC negotiators met here yesterday to discuss hitches in their oral agreement on farm subsidies. with the United States retaining its threat to impose trade sanctions if no final deal emerged. Diplomats said Washington was waiting for
    Reuter,; AFP  -  183 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      57 32 Every Saturday in Business Times WHERE IMPECCABLE W QUALITY MEETS THE VERY DISCRIMINATING jjjjfe and su^e s^ap ing appreciated only by the most discerning of connoisseurs. GRUPPO MODA 435 Orchard Road #02-12/13 Wisma Atria Singapore 0923 Tel: 738 8433 Other lines represented include Pal Zikri, Hubert, Rocco Cavalli, McDavid. Frank
      57 words
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      Page 32 Advertisements Column 2
      5 32 Editorial: Born-again brothers, Pg 12
      5 words
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      Page 32 Advertisements Column 3
      182 32 14 aIBS! INVESTMENT Every Saturday in Business Times Qualify in an aae of change SELECTA-NOVA. by hansgrohe Germany. jT\ Top Shower Manufacturer In Europe. Homyohe'tSelectawa^ fi/uK finlhondshowerwdh a variable ipray paftem.lt became a ml- f/M fan sefcoghitandohalmort jOV ofHaregrohequcityfromtfie f//m Block Forwt That it it wfl ho*eit»ploceon#»morfcetfor f many yeors
      182 words
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  • Shipping Times
    • Article, Illustration
      Le Harve preparing to be major gateway for Asia-Pac shippers
      436 33  -  By Dexter Lee SINGAPORE The Port of Le Havre in France is gearing up to be a major sea gateway for Asia-Pacific shippers once Europe becomes a single market on Jan 1 next year. An 11-men trade mission of port
      436 words
    • Article
      Call to ratify new oil spill compensation accord
      312 33 SINGAPORE Independent tanker owners have welcomed a new United Nations agreement, reached late last month aimed at raising compensation levels for oil pollution victims. The International Association of Independent Tanker Owners (Intertanko) now looks to member governments of the International Maritime Organisation
      312 words
    • Article
      Lock icon NZ govt rapped for minimal protest
      358 33 Opposition calls for tougher stance on plutonium ship AFP A X WELLINGTON The New Zealand government's "minimal" protest over the transportation of plutonium by a Japanese freighter was unacceptable, opposition Labour Party environment spokesman Pete Hodgson said yesterday. The Akatsuki Maru is carrying 1.5
      AFP  -  358 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1170 33 Page Col ABC Containeriine 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 5 Asian Break-Bulk 16 5 ASCL 5 5 ASXCL Shpg 15 2
      1,170 words
    • Article
      Lock icon Jakarta and KL discuss security, piracy issues
      251 33 UPI JAKARTA Indonesia and Malaysia agreed on Wednesday to step up security cooperation around their boundaries. They also discussedways of eliminating piracy in the region. Indonesias Armed Forces General Try Sutrisno told journalists after the one-day meeting of the General Border Committee that
      UPI  -  251 words
    • Article
      Lock icon EC choking on its roads, says European Commission
      342 33 AFP BRUSSELS The European Community must shift passengers and goods out of trucks and cars and onto trains, ships and barges if its roads are not to become hopelessly choked, the European Commission said here on Wednesday. EC Transport Commissioner Karel Van
      AFP  -  342 words
    • LOG BOOK
      • Article
        Dockers' strike blocks 34 vessels at Rouen
        60 34 PARIS A strike by dockers since last Saturday has blocked 34 vessels at Rouen, a spokesman for the authorities of France's largest grain port said on Wednesday. Nine of the vessels are loaded with a total of about 143,000 tonnes of wheat which
        60 words
      • Article
        Nissan denies news report
        82 34 TOKYO Nissan Motor Co Ltd has no plans to export its Mexican-made cars to the US, a company spokeswoman said. Nihon Keizai Shimbun reported from Mexico City that Nissan has postponed exporting Mexican-made vehicles to the US. "The report was incorrect. From the beginning, we have
        82 words
      • Article, Illustration
        Expanding Sydney's airport
        64 34 SYDNEY A commercial airliner making its final approach for landing at Sydney's Kingsford Smith Airport as a dredge worked on the airport's new third runway yesterday. The new runway, due for operation in mid-1995, will increase capacity at the southern hemisphere's busiest commercial airport by at least
        64 words
      • Article
        Plane crashes into building
        80 34 STOCKHOLM, Sweden A small airplane carrying three people crashed into an apartment building in a Stockholm suburb yesterday morning, Swedish radio reported. The plane was only a few minutes away from Stockholm City Airport at Bromma when it went down. Police and rescue workers reported that
        80 words
      • Article
        Thai oil firm wins UN contract
        110 34 BANGKOK The state-run Petroleum Authority of Thailand (PTT) has won a contract to supply United Nations peacekeepers in Cambodia with aviation fuel, a company official said yesterday. The PTT will supply oil to the UN Transitional Authority in Cambodia (Untac) at five Cambodian airports
        110 words
    • Article, Illustration
      Lock icon Israeli owners need a boost
      794 34  -  The Israeli government is introducing incentives for Israeli owners in a bid to boost shipowning and reduce the increasing amount of chartered tonnage. Helen Macleod reports Helen Macleod Fairplay ISRAEL has got a new transport minister, and he's sympathetic to shipping. Mind you, some might
      Fairplay  -  794 words
    • Article
      Lock icon Chinese yard eyeing HK listing
      551 34  -  Kennis Chu profiles Guangzhou Shipyard Kennis Chu South China Morning Post Guangzhou Shipyard, one of the nine Chinese companies slated to list in Hongkong, is understood to be entreating the central government to approve its listing on the Hongkong stock exchange as soon as possible.
      South China Morning Post  -  551 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      502 34 Nov 26 Density Nat* Rradut Mi Martian Seftnant P—*T Water A* M/M Exxon i KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM SO/Canac 1Mb Spec E25 991 LO 154 010 30* (UP tartan, ISA 180 Aw 981 0.1 116 0.06 U 0.02 Spec
      502 words
    • Article
      THE SHIPPING GUIDE
      9044 42 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
      9,044 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        501 49 VwmI Voy Np Bwlh Antral Dyrtw Vessel Iter Kb AhImI Pqwrtu iurong Port Ta*o 8223 P07 alongsde 05.12/2300 Botany Tribute 6 J12 03.12/1300 05 12/1300 A/*iang 01 7/92 P03 0312/1500 04.12/1100 Budi Utama 176 J2/3 03.12/1000 03.12/2300 Avks 03A13 P06 03.12/2300 05 12/0700 Dwi Daya 29/92 J2
        501 words
      • Article
        MALAYSIAN PORTS
        282 49 ki Kit roads: In the roads: Banglar Baam. lonian Sailer. Sin Fa, Hang Jun 4009, Pen bunker, Kosmotets Azerbaytzan, Palm Sea Horse, Arshfon, Alam Tenang, Grand Success, Kurnia Sejati. Dm on Dec 3: Silvia Shy, Surya Indah, Sea Goddess I, Pernas Butane, Sea Queen, Bunga Kiambang, Tnstar I,
        282 words
      • Article
        CONTAINER SCHEDULES
        1418 49 DELIVERY OF FCL IMPORT COHTAINERS IN PROGRESS Mp fay N> Cmtokm mMk ft* Voy Wo Cowtawra ivalatole Rotor 21 02.12.92 1930 Str Venture 30N COO(EST) 03.1192 1500 Panama Sen EM239 02.12.92 2125 Equatof Haw* 71N COO(EST) 03.12.92 1500 Mertur Delta 950 02.12.92 2315 Premier 21S COO(EST) 03.12.92 1500
        1,418 words
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      DAILY FREIGHTS
      798 50 THE FREIGHT market on Wednesday continued this week's modest activity with most routes marked higher but with some rate declines in the Pacific, brokers said. The US Gulf/Japan grain route and the Atlantic/Pacific panamax time-charter run were lower at U5524.66 and U5512,783 amid an overall BFI rise of
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      TRANSPORT DIARY
      528 50 Dec 15-1& Essentials in Marine Cargo/Vessel Insurance Ship Chartering Practice, to be held at the Harbour View Dai-Ichi Hotel, Singapore, organised by Traffic Management Consultants. For further information please contact Mae Yap at 222-8411. Mar 11-14, 1993: Japan World Resort and Cruise Fair '93, to be held at
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      Lock icon Stempel blames news reports for his ouster
      554 52 Lack of support from GM directors another reason NYT DETROIT In his first interview since leaving his post as chairman of the General Motors Corp on Oct 26, Robert Stempel blamed the news media and GM directors for a two-week firestorm of speculation
      NYT  -  554 words
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      Lock icon GM to announce closing of plants
      241 52 NYT DETROIT Officials of General Motors Corp acknowledged on Wednesday that the automaker was to announce the closing of several North American factories yesterday. The officials, who spoke on condition of anonymity, would not identify which of GM's hundred or so plants would be
      NYT  -  241 words
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      Lock icon Boeing debating over future for big planes
      577 52 NYT NEW YORK Boeing, the company that invented the jumbo jet, is now debating whether there is a future for the huge airplanes. Philip M Condit, president of Boeing Co of Seattle, said on Wednesday that there were differences of opinion within the
      NYT  -  577 words
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      Federal Express largest freight carrier: survey
      363 52  -  Lufthansa takes second place By Ramesh Divyanathan SINGAPORE Federal Express was named largest freight carrier among airiine companies for 1991 in a survey conducted by Airline Business, a UK-based airliner magazine. The rankings were released in the September 1992 issue of the publication. Fedex
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      Lock icon Narita's second terminal building ready
      248 52 Reuter TOKYO The city's main international airport has completed a second terminal building to ease worsening passenger congestion, but still is at least 18 months away from a second runway, officials said this week. An official at Narita airport, 65 km northeast of Tokyo, said
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      Lock icon Air cargo set for recovery but will still lag behind world trade
      752 52 International Transport Journal LUXEMBOURG Air cargo stands on the threshold of better times, but its growth rate in the next few years will remain significantly below that of trade worldwide, according to a survey presented by David Hartman,
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      25 33 Ums mml MrvieM rtfnmM Mirtiri tf Hn Registry tf kunMak SMmlm Aaati jkmow Nfltkari Stfe- ilKfil iw%A For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
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      147 33 the FAMOUS Qbo^C 8EH*****24 1833 For more information pleaite refer to Pg. 13 Israeli owners need a boost, Page 2 Stempel on why he was ousted, Back Page .'i' '*"K*7 i| :vvv. 4 >..• «f:V ~3 ?f^ --j-'-i"...♦•£<;• «.%y*v A A?*-':•• V^G/'L\ ssJ| .-v 1 > y J v '-A
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      82 34 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the people
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      3755 35 22?80Tl E FAX D 2240f09^ ME sh.pp.ho xlllfff I I Find out how BOOKINGS TEL *****34 *****58/ *****40 ■iiiiiß M CFS (PSA F5) TEL: *****21/ *****79 P DflflflQ H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. i VMf J COllprC £11"^ PORT KELANG TEL: *****18 FAX: *****91 *****88 0 PENANG TEL:
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      1431 35 NEW SERVICE TO/FROM SOUTH AFRICA TRANSIT TIME PORT OF CALL FROM SIN TO SIN Durban 12 DAYS 12 DAYS Port Elizabeth 14 DAYS 17 DAYS Capetown 16 DAYS 16 DAYS Veeaal Voy ETA ETO Feed®. by set lart/AriM DESTINATIONS Thto wee* Men* MMrak 9302 !>.'JR MPffWfW 8/12 0600 hrs CFS
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      1463 36 0 roam/ liMfTn VOY NO S PORE JEDOAH S'HAMTON H'BURQ ANT LE HARVE FRANKFURT EXPRESS 65/348 5/12 15/12 23/12 28/12 26/12 L Ml MSIHUM LA SEINE 27/149 9/12 27/12 30/12 28/12 PORT KELANG fCNANE HOECHST EXPRESS 06/349 12/12 22/12 30/12 2/1 4/1 6/1 {MOIO IM/CONTMNT DANUBE 05/150 17/12 2/1 5/1
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      595 36 Fa Breakbolk Service to: AFGHANISTAN MAM Afghanistan Ltd., Soto Foreign Forwarder in Kabul for a* services C.1.5.-Vottochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea t Vietnam Mongolia t Hungary CSFR e Poland ocT®Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ITA 8M ORIENTAL KNIGHT 12/12 j VILLE
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      1554 36 R*^ m m mw* mg REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* HAM BRE# ROT ANT# FEL LHi NORASIA AL-MUNTAZAH 9240-3 07/12 30/12 01/01 03/01 04/01 05/01 06/01 07/01 OS/I 1 NOR ASIA SAMANTHA 9241-3 17/12 07/01 09/01 12/01 13/01 14/01 15/01 IC/01 17/11 NORASIA SUSAN 9242-3 25/12
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      1977 37 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppei Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CAD GO DUE SAIS fl I 111 Ii? H 'MM 1 ftfJ W M lIMIIM *111 STRAITS STM VIIt Muau. lab, KK 04 Dk 06 Dec lUJAH BROOKE V23E Muara. lab
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      1437 37 SINGAPORE AGENT: HHlfl P&O Containers (Singapore Agencies) Pte Ltd HBm I |\t I 1 /llTl"rS 10 Hoe Chiang Road #07-0t KEPPEL TOWERS. SINGAPORE 0208 wr Te) 22g 2233 TekJX RS ***** PNO CSP Fax: 225 5327/222 7517 CR Number **********0Z itinAnv iU Hlln way 'MO "PKO MM ALQ SOU ANT
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      165 37 ml SIM SWEE JOO SHIPPING (A SDN. BHD. J REGULAR SERVICE TO BNTULU/MRI VE—Ct IVOY |PKL I PGP IKUC SIBU BTU MtRT WW LOWO »AT\J 27 mPi 6/12 7/12 WWII JAY* 231 7/12 9/12 12/12 13/12 JUT* JAY* 162 lm Pi ls«*>d I 5>12 I I 6/12 1ACCEPTING FCL CONTAINERS.
      165 words
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      580 38 If Mil CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE KSfWf STOH MMM/MMM HMG 800 WfTMIf IMTNMM/33W8 13-14/12 15/1 M/l »/l »/l FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sublet to Inducomont. Ateo accepting cargo to CaaaManca, Port Said, Port Alexandria, Ganoa, Trtoato. ALSO ACCEPTING CONVENTIONAL CARGO VIA T/S
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      997 38 HANJIN SHIPPING cn. y«. Irml i> hah m FDft VSL SM ILK HAUL SAV U NYC I MMMCKJU 069E T/U 07* 30/12 1/1 HMM OfJU OI9E 7/12 II W} HMX»2WI?W6E 14/12 H. BUSAN 1261 J/1 10/1 HI KMM6YAM 0961 14/12 11 KOBE 04C 21/1 H/1 HANM KIMSAM OJ2E 21/12 IH.
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      1209 38 itJ _i „T _j irrny^ I ®®*nouucmanbin**"■ Rf "J. fl [OKK4M I/li 0/U IVU IVU IVI2 21/12 2VU2VI2 2S/U2VI2 21/12 VI 2VI 22/1 21/1 2/2 V 2 4/2 V 2 J/2 IV2 2V2 2/1 VI V I LOMK *4* 14/12 IVI2 21/12 1»/U 21/12 21/12 27/12 20/12 31/12 IVI 27/1
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      1491 39 YEAR-END LOADER II Hfn MOJw II SCX: 'NEPTUNE CRYSTAL 10E' ETA SGP 31/12/92 II II ARRIVING LOS ANGELES 18/01/93 IN 17 DAYS H I U FEEDER VSL VOY SGP MOTHER VSL VOY BET PLD MIN/ VESSEL VOY SCP LOS OAK VAN CHI DAL/HOU MPH ATL NYK fl I gj PAUL
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      1094 39 m 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 EASTBOIfP—OKCHMQN6 WKTBOUHD-lOAONG TRAMSHPftD VIA
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      1625 40 K t4 W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (Cft No: **********0 M) W V A TEL *****77 TELEX KAWAKIRS23I6S FAX' *****07/^9 H MALAYSIA: 'K' UNE MAHTIME (MALAYSIA) SON BHD Jft, U JL MrnJ TELSASSO24OO PK*****01/5 PENANG632O2O J*****01 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL JKT *****76. *****77,*****08
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      892 40 PHI LI on If NT LINCS PT€ LTD YlOB Robinson Road #07-00 GMG Building Singapore 0106 :1 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... jgSk WE TAKE ON THE WORLD FOR YOU $£Q MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION V I j j —j.
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      311 40 GOLDEN LINEA WV2V GUAN GUAN SHPPMG Cs/\ (PTE) LTD W aWIM SUtt SNCAKM IIM m. U439H (14 IKS) Fa: UOS44 «X Hi 1412IHIMW) mimflMM ggg MSB S pore t KeUnj Peoang TUtt aia Uftcki Dub* Owmm 10/12 Ok GOUOI NMKST b>Kfc/o*a a D»c SOLON KM Hj»ct> D«b» Dmmuik l/t tm
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      1045 41 aaaaPll pacific international lines (PTE) ltd SSSSJv M mKm 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I BANQKOK VESSEL VOY SIN BKK SIN VOY BIN J* l SMSAMUT (THAI FLAG) SRS 4SN 8/12 8/12 13/12 KOTAMOAH 4SI S/12 t/12 13/12 KOTA BINT
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      Page 41 Advertisements Column 2
      1410 41 express container service to uk-north continent-scandinavia WEIKLY p P GUDANG PENANG PKELANG OCEAN VSL/VP Y SIN SOU (1) RTM (2) HAM (3) GOT (4) g 4/12 4/12 5/12 BENARTY 2482 8/12 27/12 28/12 29/12 6/1 E TiTii 11/12 12/12 ALSIA 2492 15/12 1/1 3/1 4/1 6/1 D 18/12 18/12 19/12
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      Page 41 Advertisements Column 3
      294 41 °BSA° TRANSPORTATION M MYANMA wß&k FIVE STAR LINE (Myanmar National Line) Loadmg for Yangon (Rangoon) Sport P.KI| Pen P.Gdg HTORETWA V274W hi Pt PATHDN VI2OW In ft HPA-AM VIM* 12/15 D« PAGAN *191*1 IS/19 Dec NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE V\ RIVER MAJE RIVER NGADA V.50 V.SO SPORE
      294 words
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      2636 44 Conventional Semi-Container Fuii Container Liner Services Liner Services Mam»« Genera/ Agents: Booking Agents: General Agents: Booking Agents: Gnsn Gnsn Shipping Sdn Bhd Chung (Met Skipping Sin 6M P.T. h*n l*—+***— Ykk Fung Shipping A T'tf'T froi«M CrertJ* Afeobeo Costsr Shipping Rte Ltd Skipping Freight Seeking Centre Sd» Bhd 58 Persiaran
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      308 44 SAMUDOU MOONESA (S) fit LTD IS McCALLUM STREET #03-01/02 NATWEBT CENTRE WwgMOf 010S Tatwc RS23V4O Tat 222*3*1-3 Fax: 22S 4938, 227*138 FOR BOOK wo* CALL MRECT UWE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1057 06/12 (SAT) 08/12 (TUE) PI BP STAR 913 05/12 (SAT) 07/12 (MON| MAJESTY
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      597 45 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PREAUS 6/12 ROTTERDAM 6/12 HAIFA/ASHOOD/ALEXANDRIA 6/12 HAMBURG/BREMEN 6/12 MARSEILE/FRANCE 6/12 FELIXSTOWE/UK 6/12 BARCELONA/SPAIN 6/K LEHAVRE/ANTMRP 6712 GENOA/ITALY 6/12 GOTHENBURG/SCANDINAVIA 6/12 LOS ANGELES/WC/PI 6/12 SYDNEY/MELBOURNE 8/12 NEW YORK/EC 6/12 FREMANTLE/ADELADE 9/12 VANCOUVER 6/E BRISBANE 10/12
      597 words
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      Page 45 Advertisements Column 2
      742 45 MAINE AGENCIES (S) PTE LTD TEL: *****33 (12 Un—) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Line.) ]W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL |VOY ETA LOADING FOP SPORE ASSAY WOftT 34W8 12/12 OARESSALAAM MOMBASA. DJBOOT) ASBAB. MASSAWA NETSANET 27W8 15/01 OARESSALAAM. MOMBASA.
      742 words
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      Page 45 Advertisements Column 3
      422 45 JAKARTA BPUA BHUN MB 05/12 05/12 MBU-MtM MB Fit WFT Mw >7/11 WWW BHUN 1705 08/12 12/12 WONTA BHUM 111 Si/U MM M/ 12 MT» —M 0M 10/12 15/U 6. KOfIBTSCV ONI M» >7/12 TM IS/12 wuajmm mi mi— m« >num»# tun mm >7/u m 11/12 NANA WB MAHA BHUN#
      422 words
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      348 45 I »33 IKER-UK V9L VOY HM»OSE MADRAS HQAPO— KSKL KOT at MM M IMB STM 4M ft«/u M-17/U M-a/12 imb mi vm/u u-iyii 21 22/11 nsa sked zm i«-ivu 2MI/12 n-wm imb mm m v it/u tyn/u n-n/n < V3L VOY MUMP ORE/CALCUTTA/■MOTORS «raa wt mi an mi tmb mm
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      1433 46 groupage 1 K=/V~HPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 1W V P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 6/12 7/12 8/12 Hone Kong Ldn/Fl*/Rdm/Ant/LHV 10/12 11/12 12/12 9/12 10/12 11/12 Hong Kong Gburg/Chagen/Stiotm/Oslo 6/12 7/12 8/12
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      Page 46 Advertisements Column 2
      256 46 lE* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM PREMER 21S h Port 12/12 14/12 30/12 MULBERA 30S 16/12 2S/12 30/12 16/1 AUST STAR MS 25/12 6/1 S/l 25/1 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH,
      256 words
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      1162 46 THONG SOON UNES PTE. LTD. Mi 77 ROBINSON ROM) #15-00, #16-00 SM BULOMG WGATOtt 010S TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor Is POM Ikst WESSEL Wl VML P. BUM EQUATOR JADE 66/92E
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      733 47 snipping utiles, rnuay uttxitiurr ttw COMPANIA PERUANA de vapores "PERUVIAN STATE LINE" ACCEPTMG BREAKBU.K/FCL/SOC CARGOES TO/FROM CALL AO, MA TAR AM, 10* OTHER PERUVIAN PORTS* KfTH T/S AT KOBE ON CPV THROUGH BLL OF LADMG. ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA. MOJI, TOKYO*,
      733 words
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      Page 47 Advertisements Column 2
      530 47 m ziM r«y.*i| H.AIttRICA/CARRBEAH SERVICES KMB IWWI Ml I —UP tnt lUIIPT I SM _INC_ »1 i 4/12 «nu 5 j/i ii/i wi w\ a/i SI wet J* 14/12 msammwi 1* 14/1 a/1 a/i Ji/i 2/3 m STMT 12* 21/u mmm art «/i vi 14/2 wi L uomm 74E 2/1
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      Page 47 Advertisements Column 3
      691 47 REGULAR UNER SERVICE FIXED DAY SCHEDULE j NAJD LINER SERVICE j PORT KLAUS/ JAKARTA/ MtQAPOmV PORT KLAMO L fOI FID FUG ETA KT H»» M/V LEOM 92/1 1/12 5/12 1/12 M/V LEOM 92/2 9/12 13/12 lt/12 1 M/V LEOM 92/3 17/12 21/12 24/12 j M/V LEOM 92/4 25/12 29/12 1/1
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      458 47 FORTNIGHTLY DIRECT CONTAINER SERVICE W SIN TO DURBAN f M.SO CALUNG PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE I SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ I SANGALORE/COCHIN AND NEW DELHI I WEEKLY CONTAINER SERVICE I SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: I ASEAN/AUSTRAUA/FAREAST/MEDITERRANEAN/EUROPE J WEEKLY CONVENTIONAL SERVICE I SIN TO CHINA WEEKLY CONVENTIONAL
      458 words
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      Page 47 Advertisements Column 5
      476 47 !—1 Si FAR EAST 8/12 KEELUNG/KAOHSIUNG 6/12 BANGKOK 11/12 MANILA/CEBU 6/12 JAKARTA/BELAWAN/SURABAYA I 7/12 PORT KELANG/PENANG/E. MALAYSIA J 7/12 BUSAN 6/12 TOKYO/YOKO/KOBE/NGO/OSA 7/12 HONG KONG si* emu 7/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI XINGANG TIANJIN/QINGOAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 12/12 LDN/FLX/LVP/SOU 12/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/
      476 words
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      555 48 'Page IS Off USB HUBS tfiBKBS 1 HONG KONG/CHINA 14/12 JAKARTA 15/12 BAN6KOK 12/12 MANILA 13/12 BUSAN 14/12 KEELUN6 14/12 TOKYO/KOBE 13/12 KAOSHIUNG 12/12 POBT KELAN€/PENAN€ 14/12 COLOMBO 15/12 FELIXSTOWE/HAMBURG 12/12 CHITTA6ON6/MAORAS 17/12 ROTTEROAH/LE HARVE 12/12 BOMBAY/KARACHI 14/12 ANTWERP 12/12 CALCUTTA -13/12 LAX/NYC 13/12 SYDNEY/MELBOURNE 18/12 CMT LINER EXPRESS AGENCIES
      555 words
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      Page 48 Advertisements Column 2
      404 48 Bonterml 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 KEIAMC 10 DEC MELBOURNE 08 DEC SYDNEY 08 DEC FBEMANTLE 10 DEC BBISBANE 15 DEC HAMBURG 12 DEC FELIXSTOWE 12 DEC GOTHENBURG 12 DEC
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      Page 48 Advertisements Column 3
      327 48 Ollippillft ■9 Next Week's Sailings AA. Bangkok WpSjUW Hamburg MManila FRi Ho Chi Minh E SAT Y Colombo MON Los Angeles SUN A Singapore Tel: 778 6522 Von Chan/ RiSr. ••aH fi Fax: 779 2738 Gandhi ffli. Johore Tel: 07-*****8 Alfred Ng Fax: 07-*****3 Eddy Kasenda *mmmm M C r
      327 words
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      Page 48 Advertisements Column 4
      534 48 CHINESE-POLISH JOINT STOCK SHIPPING CO 1 CONTAHER/BREAKBULK ISM I IBM *23 5/12 ROTTDKMM/HMnURG/GDYIM no mm vos 7/12 casmlanca tRgWO <47 1/1 CASAfILAWCA CHOP* V2O 4/12 SKXOU/HUMWV B. PRUS ¥26 14/12 HUANGTO POKOJ V 29 10/1 DALIAN/HNGANG/SHANGHAI BALTIC FAR EAST SHIPPING PTE LTD 2 MTSTKI ROAD #10-00, HMC BWLMNG, STORE 0207
      534 words
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      1245 49 JL 2 jF Nedltoyd WEF januAry 1993 weekly sailing to australia on EVERY SATURDAY NedlloydUnes FEEDER VESSEL PKG PEN OCEAN VESSEL S« LEM *T»I(1) HMI(2) BRV FU SOU GOT B. Seroia G. Bhum 4/12 2/12 NLL Europa/2432 8/12 26/12 27/12 29/12 30/12 31/12 29/12 30/12 15/12 17/12 16/12 15/12 19/12
      1,245 words
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      298 50 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MAWLA VIGOUR LUZON 6NB 4/12/92 12/12/92 FRDAYAM) MOMDAY VIGOUR LUZON 6AN| 7/12/92 12/12/92 VIGOUR SWGAPORE 42N8 11/12/92 16/12/92 VIGOUR SUGAPORE 42ANB 14/12/92 16/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL y VOYAGE SINGAPORE PORT KLANG PENANG VIGOUR LUZON 6W 4/12/92 5/12/92 ARKTB
      298 words
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      Page 50 Advertisements Column 2
      349 50 Jicosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/12 Rotl«rdam/An twerp CtNNA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangihou COSCO FULL CONTAWER Mflgj (FCL/FCL) EXPORT TO: CMNA/BANQKOK/HONOKONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULF/KARACMI Plmm ratar abova mantionad
      349 words
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      Page 50 Advertisements Column 3
      223 50 fßfflTiri CONTAINER LINE (S) PTE LTD 133 New Bridge Road #09-06, Chinatown Point S'pore 0105 WEEKLY CONSOLIDATION SERVICES TO: HONGKONG 11/12 SYDNEY 10/12 •ROTTERDAM 12/12 •BUSAN 14/12 .MELBOURNE 10/12 .HAMBURG 12/12 I KEELUNG 9/12 BRISBANE 10/12 .FELIXSTOWE 12/12 KAOHSJUNG 11/12 .ADELAIDE 10/12 .LE HAVRE 12/12 BANGKOK 11/12 .FREMANTLE 10/12 .ANTWERP
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  • Page 50 Miscellaneous
    • Miscellaneous
      Page 50 Miscellaneous Column 1
      456 50 TODAY'S TIDES (he#t in metres) HOW 0000 0100 0200 0300 0400 0500 0(00 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 JR 1.1 1.2 1.3 16 18 21 2.2 2.3 2.2 20 1.7 1.5 1.4 1.4 1.4 1.5 1.7 18 1.9
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  • Page 51 Advertisements
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      Page 51 Advertisements Column 1
      724 51 I HYUNDAI I MERCH ANTM ARINECO. LTD. EFFECTIVE BTH DEC 1992 HMM TRANSPACIFIC SERVICE Singapore to Long Beach will be 18 Days TO: PERSIAN GULF SIN PK PEN E. MSIA IMDO DISCHARGING AT PLSCALL lOLCOS GARNET SLD BLD SLD SLD DXB, DMM, KWT *****75 MARITIME VICTORY SLD SLD DXB, DMM,
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      Page 51 Advertisements Column 2
      417 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO HEAVY LIFTS INBOUND VESSELS nsai m n uc u CM UM II 1/12 1/12 SOU MEM 71 1/12 11/12 SOU KAMI* 11 11/12 12/12 TUBNC nUK II 12/12 14/12 nor KCA M 12/12 Wl/ll uia tin ii u/12 asm cMiima 22 21/12 23/12
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      Page 51 Advertisements Column 3
      824 51 EXPORT TO; JEDDAH/UK/CONmNEKT ISTOK lED S'TON HMC ID4M l£H •Mm Act** If Nr FMNMMT URESS 15/341 5/12 15/12 23/12 21/12 21/12 Hi Mh Th>w>lh :toM UK dotkuta. Mnt art CM* USM 27/141 J/12 M/ 12 21/12 27/12 Mta4a* :to *M««p. Matrta* o*. H*Mu HKCWT amSi 04/344 12/12 22/12 M/ 12
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      Page 51 Advertisements Column 4
      139 51 BINTANG MAS SHIPPING PTE. LTD. 39 NBL ROAD SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 *cam ran of CttfiO STOtt KSIVMTKM kOCUKT MDE V 22 S7-M DEC 01-09 DEC Mora. L*m WHANG KLAIT V26E 0549 DEC 09-05 DEC BMAi. Mi UhtaC BMTMK SOM V 2€ 1112 DEC 12-12
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  • Page 52 Advertisements
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      Page 52 Advertisements Column 1
      59 52 Every Saturday in Business Times I The Executive Housekeeper -(his hotel O \vlfy I I vjanfcs is me. Bob I'll never neglest L__ Any Job. any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe Wanbao Shin Min
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      Page 52 Advertisements Column 2
      8 52 ipfeoNALFI NANCE INVESTMENT Every Saturday in Business Times
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