The Business Times, 7 December 1992

Microfilm: NL18512
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, December 7, 1992 75*
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  • NEWS SUMMARY
    • Article
      Racism prompts US banks to drop German plans
      72 1 BONN Two US banks have cancelled plans to invest in eastern Germany and cited a wave of rightist violence against foreigners as the reason, the newspaper Bild am Sonntax said yesterday. It quoted a senior official of Bonn's Treuhand agency, which is
      72 words
    • Article
      Bosnia fighting: Islamic summit may be called
      60 1 CAIRO Egyptian President Hosni Mubarak and Turkish President Turgut Ozal agreed yesterday to call for an Islamic summit if the United Nations fails to take action to stop the slaughter in Bosnia-Herzegovi-na. Mr Mubarak and Mr Ozal also said Egypt and Turkey would
      60 words
    • Article
      Oil companies hopeful
      21 1 SINGAPORE oil companies are cautiously optimistic about the outlook for next year, after a slack 1992 Page 2
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    • Article
      PC price war delayed
      38 1 A RULING by a US court last week to stop semiconductor firm Advanced Micro Devices (AMD) from making clones of Intel's 486 personal computer chips has staved off an expected price war Page 2
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    • Article
      HK fears allayed
      34 1 HONGKONG'S Commissioner of Banking, David Carse, yesterday dismissed suggestions that the recent collapse in the colony's stock market would "automatically" translate into a similar drop in the property market Page 7
      34 words
    • Article
      Good news for Clinton
      41 1 JUST one month after the election, the US economy appears to be shaking off the sluggishness that cost President George Bush his job, and financial markets are breathing a little easier about Presidentelect Bill Clinton Page 8
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    • Article
      Room for hotel investors
      26 1 THE current shortage of hotels in Laos is attracting foreign investors, and the early birds are expected to do well. Page 10
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    • Article
      Fels delivers ship
      35 1 FAR East Levingston Shipbuilding (Fels) has delivered the third and final cable ship that it has built for US communications giant AT&T and Canada's Teleglobe Marine Inc. Shipping l imes Page 1
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  • MARKET SUMMARY
    • Article
      Joining SIA's bid
      31 1 A CONSORTIUM featuring Air New Zealand and the Brierley group may join up with Singapore Airlines (SIA) to bid for Qantas, says a report from Australia Page 3
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    • Article
      Move to prevent frauds
      40 1 THE Malaysian Registrar of Companies and the Kuala Lumpur Stock Exchange will co-operate to enhance the safety procedures connected with share registration in a bid to prevent future frauds following a recent scrip scam Page 3
      40 words
    • Article
      Mitsui's Thai goal
      35 1 ONE of Japan's three largest business conglomerates, Mitsui Co, is set to strengthen its business in Thailand with a goal to have 200 subsidiaries and joint ventures operational by 1996 Page 4
      35 words
    • Article
      BA to decide on Qantas
      37 1 BRITISH Airways is to decide during the next few days whether to bid for a large minority stake in Qantas, the Australian state-owned carrier due to be privatised next year Page 4
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    • Article
      Debt of KIO unit
      26 1 GRUPO Torras, the Kuwait Investment Office's Spanish holding company which has filed for temporary receivership. owes the KIO US$l.5-2 billion Page 4
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    • Article
      Amex looks for new CEO
      34 1 THE American Express Co said on Saturday that it had begun to seek a replacement for James D Robinson, its chairman and chief executive for 15 years Page 6
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  • Article, Illustration
    STOCK INDICES
    27 1 Friday Change BT-MGA 682.89 -1.48 Kuala Lumpur ....637.61 +1.21 Tokyo 17.295.69 +35.61 Hongkong 5,268.10 +289.89 Sydney 1,435.2 +1.4 New York 3.288.68 +12.15 London 2,759.4 -11.6
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  • Article
    CURRENCIES
    23 1 Exchange rates US$ SS 1.6420 100 Yen SS 1.3168 MS SS 0.6468 Money market rates Overnight 3/4% +1/8 3-month 2 1/8% +1/16
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  • Article
    COMMODITIES
    30 1 Rubber S'pore Jan 147.75'/kg +1.75 M'sia Jan 224.50*/kg +1.50 KL Tm Turnover 49tonnes 18 Spot M$ 14.24/kg -0.29 Crude palm oil Turnover 634 lots -56 Jan MS929 /tonne -4
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  • Article
    Innovest set to sell controlling stake in KFC
    577 1  -  Grand Care said to be ready to take up 32pc stake From Leslie Lopez in KUALA LUMPUR MALAYSIA'S debt-laden Innovest Bhd is set to sell its controlling interest in KFC Holdings Bhd, the local pub-licly-listed owner of the Kentucky Fried Chicken franchise,
    577 words
  • Article
    Austria's leading bank moving HK operations to Singapore
    380 1  -  From Catherine Ong in HONGKONG CREDITANSTALT, Austria's leading bank, is opening a merchant bank in Singapore partly in response to its clients' fear of having their funds parked in Hongkong after 1997. Paul Simpson Giles, executive vice-president of Creditanstalt Private Banking in
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  • Article, Illustration
    Lock icon S'pore firm to launch TV programmes in Vietnam
    444 1  -  Indochina Media sees US$ 1.4 m ad revenue a year By Harish Mehta SINGAPORE A Singapore company has clinched a deal to introduce international TV programmes and foreign advertising to Vietnam, an emerging market where several foreign media firms are jostling to
    Picture by Arthur Lee  -  444 words
  • Article
    Lock icon China looking at major changes to open up economy
    248 1 AP BEIJING Chinese trade officials are considering important changes in investment policies, including opening up the domestic market to international conglomerates and allowing private Chinese firms to set up joint ventures, an official report said yesterday. The China Daily's Business Weekly
    AP  -  248 words
  • Article
    Lock icon Beijing not expanding stock experiment for now
    267 1 AFP BEIJING While China is committed to bringing stocks and stock markets into the socialist economy, the country lacks the legal basis and the maturity to expand the experiment now, says the vice-minister of the Securities Commission. "It is not reasonable to develop
    AFP  -  267 words
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      Page 1 Advertisements Column 1
      193 1 MADE IN A VVfil OtR.NLV.NY J Sole Agent: WONG BROTHERS SHOE L TEL: 2833 &43 Bonn close to compromise on asylum issue, Back Page Aircraft Schedule 27 KLSE 21 TV Radio 16 Analysis 10 Market Reviews 23 Weather 27 Commodities 26 Money Changer Rates 27 World News 8.9 Company News
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      Page 1 Advertisements Column 2
      110 1 Hock Lock Siew: AMMB poised for leap into commercial banking, Pg 3 Where to leave your troubles when you fly JAL. It's a big, busy, competitive world out there, especially for business travellers. And at every stop on your schedule you have to be your best. On Japan Airlines you
      110 words
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      Page 1 Advertisements Column 3
      22 1 jHRp C. T. HOO Singapore #01-22 Tanglin Shopping Centre, Singapore 1024. T«l: *****47, *****43. China auditors to target foreign tie-ups, Pg 9
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  • PAGE 2 NEWS
    • Article
      Oil companies hopeful about outlook for 1993
      422 2  -  But sustained recovery likely only if US, European economies pick up By Lilian Ang SINGAPORE Local oil companies are cautiously optimistic about the outlook for next year, after a slack 1992. Industry sources said continued economic growth in the Asia-Pacific region could fuel
      422 words
    • Article
      Lock icon France prepares offensive to win concessions for EC in Gatt talks
      445 2 Paris seeking support to renegotiate agricultural subsidy cuts AFP BRUSSELS France is poised to launch a sweeping offensive here today to win more concessions for the European Community, particularly concerning farm subsidies, in General Agreement on Tariffs and Trade
      AFP  -  445 words
    • Article
      US ruling averts price war on 486 chip
      580 2  -  By Claire Leow SINGAPORE A ruling by a US court last Wednesday to stop semiconductor firm Advanced Micro Devices (AMD) from making clones of Intel's 486 personal computer chips has staved off an expected price war. The decision has forced AMD to
      580 words
    • Article, Illustration
      Laos plans to export electricity to Cambodia
      311 2  -  By Harish Mehta SINGAPORE Laos, which currently exports electricity to Thailand, plans to export surplus power to Cambodia from its new plant. Nokham Ratanavong, director of the Lao Ministry of Commerce and Tourism, told Business Times that surplus power from the Xeset hydro-electric
      311 words
    • Article
      Lock icon Race to become Britain's central bank governor hots up
      436 2 Reuter LONDON A new governor for the Bank of England is expected to be announced this month, and the race for the second most powerful financial job in Britain is hotting up. A string of high-profile candidates, from the world of
      Reuter  -  436 words
    • Article
      Anwar Ibrahim on two-day visit
      113 2 SINGAPORE The Malaysian Minister for Finance Anwar Ibrahim will make an official two-day visit to Singapore from today as the guest of Minister for Finance Dr Richard Hu. During his visit, Mr Anwar will call on Prime Minister Goh Chok Tong, Senior Minister Lee Kuan
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      Page 2 Advertisements Column 1
      190 2 Victorian Beauty Hh| "Victorian 2-Door Heavy Carved Bookcase K Designed exclusively for the most beautiful of homes and offices, this Victorian bookcase is a sure show stealer lending an air of grandeur. View it today along with our other wide selection of new arrivals. HERITAGE HANDMADE ANTIQUES 6 Raffles Boulevard,
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      Page 2 Advertisements Column 2
      11 2 lEA sees strong demand for oil in first quarter, Pg 26
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      Page 2 Advertisements Column 3
      89 2 Personal touch, Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere
      89 words
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  • COMPANY NEWS 1
    • Article, Illustration
      SIA and consortium may tie up for Qantas bid
      461 3  -  Partner could be AirNZ/Brierley group: report By Lee Han Shih SINGAPORE A consortium featuring Air New Zealand and the Brierley group may team up with Singapore Airlines (SIA) to bid for Qantas of Australia, says a report from Australia. The long-awaited
      461 words
    • Article
      Lock icon Guthrie property unit gaining in importance
      359 3 NST KUALA LUMPUR Kumpulan Guthrie Bhd's property arm, Guthrie Property Development Holdings Sdn Bhd, is expected to constitute at least 20 per cent of the group turnover in the next three years. Chairman Jen (R) Mohd Ghazail Che Mat said Guthrie Property was embarking
      NST  -  359 words
    • Article
      Lock icon Selangor Prop unit, Kesang in land deal
      185 3 Bernama KUALA LUMPUR Pusat Bandar Damansara Sdn Bhd, an associate company of Selangor Properties Bhd, has accepted a proposal from Kesang Corporation Bhd to purchase nine blocks of fully tenanted commercial/office buildings in the Damansara Town Centre complex. Selangor Properties, on behalf of
      Bernama  -  185 words
    • Article
      AMMB seems poised for leap into commercial banking
      681 3  -  THE HOCK LOCK SIEW COLUMN By Leslie Lopez KUALA LUMPUR The decade-long quest of ArabMalaysian Bank Bhd (AMMB) for a commercial banking licence could soon be over. The diversified AMMB, one of Malaysia's largest merchant banking groups, is said to be holding
      681 words
    • Article, Illustration
      Lock icon Registrar of Companies, KLSE to work on safety checks
      386 3 Bernama, NST KUALA LUMPUR The Malaysian Registrar of Companies and the Kuala Lumpur Stock Exchange will cooperate to enhance the safety procedures connected with share registration in a bid to prevent future frauds following a recent scrip scam. Registrar Zainun Ali
      Bernama,; NST  -  386 words
    • COMPANY BRIEFS
      • Article
        Nanyang Press to buy Life Publishers
        76 3 KUALA LUMPUR Nanyang Press (Malaya) Bhd's proposed acquisition of 9,000.000 ordinary shares representing the entire issued and paid-up capital of Life Publishers Bhd was approved by its shareholders at an extraordinary general meeting on Friday. Aseambankers Malaysia Bhd said the EGM had also approved
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      • Article
        Petronas appoints Repco as dealer
        96 3 KUALA LUMPUR Repco (Malaysia) Sdn Bhd. a whollyowned subsidiary of Repco Holdings Bhd, has been appointed by Petronas as Petronas Highstreet Lubricant dealer for central division. Repco Holdings said in a statement that the subsidiary had also signed an agreement with Che Kang CWF of
        96 words
      • Article
        1992/97 MBfH bonds
        92 3 KUALA LUMPUR TA Securities said the MBfH bonds 1992/97 provided a low risk but high yield investment in the short to medium term, as the default risk on coupon payment in the next year was minimal. The MBfH bonds are currently sold at the highest yield among
        92 words
      • Article
        Olympia mandatory offer waiver
        119 3 KUALA LUMPUR Mycom Bhd today said the Panel on Takeovers and Mergers (TOP) was willing to consider granting a waiver to the company and parties acting in concert from the obligation of making a mandatory general offer for all the existing shares of Olympia Industries Bhd.
        119 words
      • Article
        Faber's core businesses to remain
        100 3 KUALA LUMPUR Faber Group Bhd said hotel and property development would continue to be its core business. "We will continue to rely on that, despite of the group's diversification into transport and warehousing business," its chairman. Abdullah Mohd Yusof, said on Saturday. Speaking after Faber's
        100 words
    • Article
      Mitsui set to strengthen operations in Thailand
      394 4 BANGKOK Mitsui Co, one of Japan's three largest conglomerates, is set to strengthen its business in Thailand and use the country as a base to expand into southern China and Indochina, the Bangkok Post reported last Friday. The newspaper quoted Mitsui Co president
      394 words
    • Article
      Lock icon Chinese firm's issue in HK sees flood of applications
      112 4 Reuter HONGKONG Guangzhou Investment Co Ltd has said its HKS446 million (5594.5 million) share issue has been oversubscribed 230 times, bucking Hongkong's nervous market conditions. The property development arm of Yue Xiu (Enterprises (Holdings) Ltd, which is the local unit of
      Reuter  -  112 words
    • Article, Illustration
      Lock icon BA postpones decision on buying Qantas stake
      301 4 FT LONDON British Airways is to decidc during the next few days whether to bid for a large minority stake in Qantas. the Australian stateowned carrier due to be privatised next year. The BA board last Friday discussed a possible bid for part
      FT  -  301 words
    • Article
      Lock icon KIO's ailing Spanish unit files for receivership
      403 4 Reuter MADRID The Kuwait Investment Office (KIO) says its Grupo Torras SA unit has filed for receivership after losses exceeding US$4 billion (556.5 billion), but the Spanish government believes the KIO will not pull out of Spain. Mahmoud Al-Nouri, deputy chairman of the
      Reuter  -  403 words
    • COMPANY BRIEFS
      • Article
        Motor firm's profits set to fall
        97 4 TOKYO Mabuchi Motor Co, a major Japanese manufacturer of small DC motors, is expected to report a current profit of 14.3 billion yen (S$ 188.8 million) for the year to Dec 31, down 17 per cent from a year earlier, the Nihon Keizai newspaper
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      • Article
        French food group BSN in joint venture in India
        83 4 PARIS French food group BSN has created a joint venture with the Wadia group of India. The joint venture with Wadia, announced by BSN chairman Antoine Riboud during a trip across Asia and the Far East, aims at exploring and developing
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      • Article
        Matsushita (US) sees growth
        78 4 NEW YORK Matsushita Electric Corp of America's revenue will grow by 6 per cent to about US$6 billion (SS9.B billion) for the fiscal year ending March 31, says chairman Akiya Imura. The company is a wholly-owned subsidiary of Matsushita Electric Industrial Corp Ltd, Japan's biggest electronics
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      • Article
        Nachi-Fujikoshi to report loss
        87 4 TOKYO Nachi-Fujikoshi Corp. a major Japanese manufacturer of bearings, is expected to report a current loss of 4.8 billion yen (5563.4 million) for the year ended Nov 30, the Nihon Keizai newspaper said. The company's current loss for the year through November 1993 would be around
        87 words
      • Article
        Megamedia to open US plant
        105 4 TAIPEI Megamedia Corp, Taiwan's largest maker of floppy disks, plans to invest US$lO million (5516.4 million) in a plant in Sacramento, California, next year. Vice-presi-dent Kenneth Chao said last Friday that Megamedia would initially invest US$6 million to manufacture "media", the black plastic sheets used
        105 words
    • Article
      Lock icon Zenith-AT&T HDTV venture suffers setback
      317 5 NYT WASHINGTON Already hampered by technical glitches, a partnership between Zenith Electronics Corp and the American Telephone Telegraph Co suffered another setback last Friday in the federally supervised competition to establish an American standard for high-definition television. The head of a federal advisory committee that
      NYT  -  317 words
    • Article
      Lock icon Sugar's bid for Amstrad meets strong resistance
      401 5 Move to take company private in danger of falling through FT LONDON The tide of shareholder opinion is flowing strongly against Alan Sugar's controversial 30p-a-share bid-to take Amstrad private, according to figures on proxy votes released by the Consumer Electronics Group last Friday.
      FT  -  401 words
    • Article
      Lock icon Zuckerman to resume talks with Daily News union
      243 5 NYT NEW YORK A day after he lost a court fight with a union of typographers at The Daily News, Mortimer B Zuckerman prepared to open talks with that union, Mr Zuckerman's spokeswoman said last Friday. Renewed talks with the New York
      NYT  -  243 words
    • Article
      Lock icon Money manager Gabelli unbruised by legal battles
      354 5 NYT NEW YORK Mario Gabelli, the high-profile money manager with a penchant for media stocks, is emerging from more than three months of tedious negotiations with [federal broadcasting regulators. But for his extravagant legal bills, he is apparently unbruised. An order issued to
      NYT  -  354 words
    • COMPANY BRIEFS
      • Article
        Kraft General Foods revamping several units
        113 5 NORTHFIELD, Illinois Kraft General Foods is restructuring several of its business units, leaving its US retail food operations with just two operating divisions, Kraft USA and General Foods USA. Under the realignment announced last Friday, Oscar Mayer Foods will become part of Kraft USA,
        113 words
      • Article
        Kmart expanding presence
        58 5 DETROIT Kmart Corp, America's largest retailer, is setting its sights on becoming the country's largest office supply store through the acquisition of Biz Mart Inc by its Office Max division. The acquisition, valued at about US$27O million (*****.8 million), will make Office Max a major competitor to
        58 words
      • Article
        Porsche payout for shareholders
        61 5 STUTTGART The supervisory board of sports car maker Porsche AG will offer preference shareholders a 1992 dividend of 2.50 deutschemarks, compared with last year's 10 marks, a company spokesman said. The payout is the minimum dividend Porsche is allowed to pay on its preference shares when
        61 words
      • Article
        Thumbs down for IBM, Digital
        60 5 NEW YORK International Business Machines Corp and Digital Equipment Corp are "deteriorating and fading", according to a poll of investors and customers conducted by Prudential Securities. Laura Conigliaro, Prudential's minicomputer and workstation analyst, said last Friday that the poll indicated that respondents also saw Hewlett-Packard
        60 words
      • Article
        Philips to sell off real estate
        77 5 EINDHOVEN, The Netherlands Philips Electronics NV plans to sell oft much of its real estate in the next three years, reducing the current surface area it owns by 25 per cent, says a member of Philips' Group Management Committee. Wim de Kleuver, who heads
        77 words
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      249 4 Who's the boss? Ife > w Zj^^m. g|H IP fl| Z...., v... J-v *v .-J*""* r. ~*T -»r •\t ->'- .7 -n- —.i^? Some companies ore managed by a lump of wood. They have their growth controlled by a sheet of plastic. They have their productivity curbed by a strip
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      180 5 f^v ;V 1 Jh U J J|2 I I V I JHH IF I J HK i^BPr He grew up on beluga caviar and Bizet's Carmen. He had a champion King Charles spaniel and a '52 roadster named Wanda. I He had Europe at his feet and the world at
      180 words
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  • FINANCIAL NEWS
    • Article
      Lock icon China may float bonds in Europe again
      164 6 AFP BEIJING China plans to issue bonds on the London and Frankfurt markets next year after a five-year absence, the China Daily said yesterday, quoting the central Bank of China. The plan aims to help raise hard currency to help finance its economic
      AFP  -  164 words
    • Article
      Lock icon Amex seeks replacement for CEO Robinson
      385 6 NYT NEW YORK The American Express Co said last Saturday that it had begun to seek a replacement for James D Robinson 111. its chairman and chief executive for 15 years. Mr Robinson is participating in the search and will step down when a
      NYT  -  385 words
    • Article
      Lock icon Pittsburg bank to acquire Ohio Bancorp
      322 6 NYT NEW YORK Continuing an aggressive acquisition strategy, PNC Financial Corp of Pittsburgh, the i 3th largest banking company in the US, has reached a definitive agreement to acquire Ohio Bancorp in an exchange of stock worth about US$25O million (SS4IO million). Ohio Bancorp,
      NYT  -  322 words
    • Article
      Lock icon Hurricane drives Hawaiian insurer out of business
      279 6 NYT SAN FRANCISCO Battered by claims from Hurricane Iniki, Hawaii's fifth largest insurer, the Hawaiian Insurance Group, said last Friday that it would leave the insurance business. Hawaiian Electric Industries, the Honolulu-based utility company, said it would write off its remaining investment in
      NYT  -  279 words
    • SMALL CHANGE
      • Article
        HKBank to look into retail banking in Korea
        73 6 SEOUL HSBC Holdings pic is mulling over the possiteSjj of expanding into retail banking in heavily-regulated Sodfe Korea, James Spackman, chief executive of its Korean oflfljtions, said last Saturday. "We have asked the head ofTieegfi Hongkong to take a look at the
        73 words
      • Article
        HK govt to sell OTB interest
        65 6 HONGKONG The Hongkong government said decided to proceed with the disposal of its interest in *g>e Overseas Trust Bank Ltd (OTB), which it bailed out in 198$. The government, acting on the advice of Jardine FledflQg Securities Ltd, would begin a selection process to
        65 words
      • Article
        Warburg buys stake in NBK unit
        64 6 KUWAIT Warburg Asset Management of Britain £as acquired a 40 per cent stake in NBK Investment Management Limited, previously the wholly-owned London-based investment management subsidiary of National Bank of Kuwait (NBK). NBK chairman Mohamed Abdul Mohsen A 1 Kharafi said the partnership "marks an
        64 words
      • Article
        Smith Barney's forex expansion
        58 6 Boca Raton, Florida Smith Barney, Harris Upham Co, in an effort to boost currency trading profits, may start a foreign exchange operation •in London, Jeffrey Lane, the company's vice-chairman, said last Friday. Speaking after a presentation at the Securities Industry Association's annual convention. Mr Lane said
        58 words
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      Page 6 Advertisements Column 1
      212 6 —llUlLl.jmiiujun'.wpjumim.iiimm. JJ.><• VW.iiVBiHW,/ J! .7- pif| B I mM/m£^^B Step into the future at Empire Tower. A unique 61-storey office tower which forms pan of City '^^5 Crown Princess Kuala Lumpur. •> A /IfJf M^/V provides every conceivable convenience to your business. j# >■ Mr HQVM. SELAN(»R\I J 1 MM
      212 words
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  • THE REGION
    • Article
      Lock icon Keating, Victoria state PM heading for showdown
      330 7 Jeff Kennett rallying other states to support his labour reforms Reuter MELBOURNE The new right-wing premier in Australia's southern state of Victoria has rallied other conservative states for a showdown with Labor Prime Minister Paul Keating, who is bidding to thwart radical labour
      Reuter  -  330 words
    • NOTE BOOK
      • Article
        Cigarette ads ban: KL to learn from other countries
        87 7 KUALA LUMPUR Malaysia is to follow examples in Singapore and Canada when it formulates a law banning cigarette advertising, but was also to make enforcement of the law more stringent, a top health official said yesterday. Deputy Health Minister Farid Ariffin
        87 words
      • Article
        Philippine House delays debate
        76 7 MANILA The speaker of the House of Representatives has delayed debate on a controversial bill to limit foreign debt repayments in a bid to give the government time to press for its defeat. The measure would limit payment of foreign debts to 10 per cent of
        76 words
      • Article
        Fifty hurt in Rohingya clash
        48 7 DHAKA Some 50 people were injured when Burmese Muslims clashed with Bangladeshi police in a frontier refugee camp, Dhaka newspapers said yesterday. They said several thousand Rohingyas tried to mob officials who were planning to move a group of refugees to another site.
        48 words
      • Article
        Opec urged to honour cuts
        53 7 JAKARTA Indonesia urged its fellow Opec members to honour output cuts agreed last month if oil prices are to rise. "Opec must cut output from current levels to get a US$2l oil price by the first quarter next year," Indonesian Mines and Energy Minister Ginanjar
        53 words
    • Article
      HK property market not expected to crash
      291 7 HONGKONG Commissioner of Banking David Carse yesterday dismissed suggestions that the recent collapse in Hongkong's stock market would "automatically" translate into a similar drop in the property market. He stressed that the economic fundamentals in Hongkong were still very solid, reported the South
      291 words
    • Article
      Lock icon Investment in Dubai free trade zone tops US$1b
      275 7 Reuter DUBAI Investment in Dubai's Jebel Ali free trade zone has topped US$ 1 billion (551.64 billion) since it was set up in 1985, the chairman of the Jebel Ali Free Zone Authority was quoted yesterday as saying. Sultan Ahmad bin Sulayem.
      Reuter  -  275 words
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      Page 7 Advertisements Column 1
      652 7 SINGAPORE INSTITUTE OF yP MANAGEMENT To survive and succeed in a competitive environment, service organisations need to adopt the latest marketing and sales analysis that is action-oriented. This seminar will help principals, partners, managers, key marketing and sales executives who want to improve the firm's performance, professionalism, productivity and profit.
      652 words
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  • THE WORLD 1
    • Article
      Lock icon Improving economy takes pressure off Clinton
      459 8 Reuter WASHINGTON Just one month after the election, the US economy appears to be shaking off the sluggishness that cost President George Bush his job and financial markets are breathing a little easier about President-elect Bill Clinton. The most recent spate of good news
      Reuter  -  459 words
    • Article
      Lock icon Bentsen's selection for Treasury wins bipartisan support
      313 8 NYT WASHINGTON Republican members of Congress joined their Democratic colleagues last Saturday in praising the expected appointment of Democratic Senator Lloyd Bentsen as US treasury secretary, but some raised concerns about other leading candidates for President-elect Bill Clinton's economic team. Democrats said the
      NYT  -  313 words
    • Article
      Lock icon Signs of fragile economic upturn seen in Britain
      353 8 FT LONDON Further signs that a fragile recovery in the UK may be imminent emerged last Friday, as the pound gained on the deutschemaric, while there was news of a strong rise in car sales last month. But any expectations about a
      FT  -  353 words
    • Article, Illustration
      Lock icon US envoy in Kenya warns against move into Somalia
      258 8 Reuter NEW YORK The US ambassador to Kenya has warned that American troops in Somalia could face heavy casualties, saying "if you liked Beirut, you'll love Mogadishu", US News And World Report magazine said last Saturday. The magazine's Dec 14 issue
      Reuter  -  258 words
    • Article
      Lock icon US supercomputer sale to China put on backburner
      607 9 Decision postponed over Beijing's reported sale of missile technology NYT WASHINGTON The Bush administration has postponed a decision on whether to sell a sophisticated supercomputer to China, considering evidence that Beijing recently broke its promises to Washington by delivering new ballistic missile
      NYT  -  607 words
    • Article
      Lock icon China auditors to target foreign tie-ups
      240 9 Government bid to uncover suspected tax fraud Reuter BEIJING China's state auditors will target Sinoforeign joint ventures next year to try to root out tax evasion and other fraudulent practices, the China Daily said yesterday. The official newspaper said some foreign-invested companies cooked their
      Reuter  -  240 words
    • Article
      Lock icon French luxury goods lose shine in Japan
      413 9 AFP TOKYO After the fabulous 1980s, French luxui7 items have lost their shine in Japan, and the people who make them must adapt to the whims of less frivolous consumers. a slowing economy and a return to traditional values. But French luxury goods
      AFP  -  413 words
    • Article
      Lock icon Palestinians to attend peace talks but with smaller team
      302 9 Reuter TUNIS Palestinians, who initially threatened a boycott, will attend Arab-Israeli peace talks resuming in Washington today but with a smaller delegation, a PLO spokesman said yesterday. The announcement followed a meeting of the Palestine Liberation Organisation (PLO) leadership here before
      Reuter  -  302 words
    • WORLD WATCH
      • Article
        Gays don't want Nunn in Pentagon: paper
        104 9 NEW YORK US gay rights groups say Senator Sam Nunn's removal of two of his staff a decade ago for being gay disqualifies him from a post in the incoming administration of Bill Clinton, The New York Times said yesterday. The Georgia Democrat,
        104 words
      • Article, Illustration
        Crude disaster
        29 9 CORUNA, Spain A seagull flying over crude oil spilled from Greek tanker Egean Sea in north-eastern Spain last Saturday. The tanker spilled 80,000 tonnes of crude oil.
        29 words
      • Article
        US$36m worth of Gulf gear lost
        87 9 RALEIGH, North Carolina US troops lost US$36 million (Sss9 million) worth of equipment in their haste to withdraw after the Gulf War ended, a local newspaper reported last Saturday. An internal army audit said the hardware, including night-vision goggles and 455 trucks and four-wheel-drive
        87 words
  • Page 8 Advertisements
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      420 8 The Certified Diploma in Accounting and Finance (CDAF) is a postgraduate level qualification which aims to provide executives from nonaccounting backgrounds with an insight into accounting and finance. Organisations are managed by executives from varied functional backgrounds. Those who are from non-accounting backgrounds will often find themselves at a disadvantage
      420 words
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      Page 8 Advertisements Column 2
      5 8 Focus: Great expectations, Pg 14
      5 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      425 9 If you think all Christmas hampers are alike... v call us now: 285 1133 jm W m Ask us how our hampers are unsurpassed by the rest. NEW UNIQUE PACKAGING DESIGNS Then, you'll be pleasantly surprised. That's because with Noel, This year, we have created 3 hamper presentations to you're
      425 words
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  • ANALYSIS
    • Article
      Lock icon Cocksure Bombay intends to set the pace for India
      1136 10  -  Edward A Gargan reports on the dynamic city that believes it will show the rest of India the way out of socialism and poverty Edward A Gargan NYT NELSON Wang is an Indian success story. More precisely, he is a Bombay
      NYT  -  1,136 words
    • Article, Illustration
      The room boom in Laos
      1327 10  -  Laos' first four-star hotel will be ready by the end of this month. Harish Mehta analyses the prospects for the half-dozen foreign hotel operators which recently ventured into this long-isolated country Harish Mehta AOS does not have its I own equivalent of I Conrad Hilton.
      1,327 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      81 10 Advertising Marketing in Business Times every Thursday E IT TOOK mm im E E tT N C i¥ ifMs It's a sad fact, but true. Venues that are undistinguished tend to inspire meetings of the same quality. A thought that s brought to you (not without certain p cjjrttfrtcri P^cnrt
      81 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Making good use of conflict
      728 11  -  The general opinion is that any type of conflict should be avoided like the plague. But correctly guided, conflict can be a valuable source of creativity, say Allan Walker and Kenneth Stott Allan Walker,Kenneth Stott Allan Walker is Senior Lecturer at Northern Territory University in
      728 words
    • Article, Illustration
      Lock icon Failure — the new secret of success for the 90s?
      833 11  - Failure the new secret of success for the 90s? It's a crazy world that requires crazy solutions, says Tom Peters. Barry May interviews the management guru who believes that, in these turbulent times, anyone who's not thoroughly confused has no chance of success. Barry May Reuter Tom peters, who minted
      Reuter  -  833 words
    • Article, Illustration
      EXECUTIVE MOVES
      390 11 OGILVY MATHER has announced the appointment of Robert Tan as general manager of its Singapore office. He takes over from former group managing director, John Seifert, who has been transfered to O&M's New York office to head the American Express worldwide account. Mr Tan joined O&M in 1983
      390 words
    • Article, Illustration
      Lock icon The seduction of Time Warner
      1398 12  -  Are profits and principles on a collision course at the world's biggest media and entertainment company, asks Richard M Clurman Richard M Clurman Richard M Clurman is the author of To the End of Time: The Seduction and Conquest of a Media Empire NYT Time
      NYT  -  1,398 words
  • Page 11 Advertisements
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      252 11 w tU ZENITH DATA SYSTEMS DESIGNED FOR PERFORMANCE. QUALITY AND AFFORDABILITY. To those in the know, Zenith Deta Systems skilfully approach modern-day computing with a fine-tuned sense of design and innovation. Yet combining high performance and creative versatility. Z In fact we're so good at what we do that we've
      252 words
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      Page 11 Advertisements Column 2
      39 11 The Durffee personality is fully aware of the q multifarious dimensions of life, and appreciate that it is exactly these experiences of laughter and tears that bring meaning to life. ls#e2 DURFFEE UNDERSTANDS THE MEANING OF TIME. MWWIOIMyyra Tim
      39 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      181 12 I' When you the have some fun Because car for from the cornering; a new highly advanced front wheel drive system totally eliminates torque steer. alloy wheels, multi speaker CD sound system, A6S and sea s e a sus P ens,on tranverse 5 The unique suspension incorporates a patented leather
      181 words
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  • SPORTS
    • Article, Illustration
      Briton sprints to victory in the rain
      186 13 Singapore International Marathon SINGAPORE Britain's Gary Spring won the men's title in the Singapore International Marathon yesterday. Spring's time of 2 hours 22:22 was almost two minutes faster than that of defending champion K A Karunaratne. The Sri Lankan clocked 2 hr 24:19,
      186 words
    • Article
      Lock icon Faldo, Price disqualified from Million-Dollar Challenge
      491 13 Reuter •SUN CITY, South Africa World number one Nick Faldo and Zimbabwe's Nick Price were disqualified from the Million-Dollar Challenge on Saturday for breaking the rules. "I guess the heat of the day got to the top of my head," said British Open champion
      Reuter  -  491 words
    • Article, Illustration
      Lock icon McEnroe spurs team on to make comeback
      362 13 Davis Cup AP FORT WORTH, Texas John McEnroe's outbursts are usually confined to the tennis court for all the world to see. On Saturday, he took them behind closed doors. In an emotional, fistpumping locker room speech, McEnroe inspired partner Pete Sampras as
      AP  -  362 words
    • Article
      Lock icon US body opposes punishment for Reynolds
      163 13 Reuter LOUISVILLE, Kentucky The US governing body for athletics on Saturday pledged to oppose any attempt by the International Amateur Athletic Federation (lAAF) to further suspend runner Butch Reynolds for his legal actions against the lAAF. Reynolds, suspended for two years for foiling a
      Reuter  -  163 words
    • SIDE LINES
      • Article
        Forsman and Mochrie move closer to victory
        110 13 TARPON SPRINGS, Florida Dottie Mochrie and Dm Forsman moved closer to victory in the US$l.l million (SSI.B million) JC Penney Gassic here on Saturday when they shot a five-under-par 66 to take a two-stroke lead and go into yesterday's final round 18-under-par on
        110 words
      • Article
        Forget wins Milan Shootout
        100 13 MILAN Guy Forget pocketed a top prize of US$2OO,OOO (*****,000) on Saturday by defeating defending champion Sergi Bruguera 7-1, 8-6 in the final of the Milan Shootout, an exhibition tennis event contested entirely on tiebreaken. The Frenchman, ranked 12th in the world, took 15 minutes to
        100 words
      • Article
        Donnelly back behind the wheel
        71 13 BRANDS HATCH, England Martin Donnelly, the Formula One driver who survived a horror crash two years was back behind the wheel of a racing car here on Saturday. The 25-year-old Ulsterman, who suffered appalling injuries when his Lotus disintegrated at Jerez in Spain, took the
        71 words
      • Article
        Wiberg voted top female athlete
        75 13 STOCKHOLM Pernilla Wiberg, the Olympic giant slalom champion and among the favourites for the World Cup overall title this season, was named Sweden's female Atnlete of the Year on Saturday. The award is co-sponsored bx the Swedish Sports Confederation, the governing body fpr sports in
        75 words
    • Article
      Lock icon Reynolds plans to run despite IAAF threats
      302 13 Reuter RALEIGH, North Carolina World 400 metres record holder Butch Reynolds, awarded U5527.3 million (SS44.S million) in damages against the International Amateur Athletic Federation (lAAF) by an Ohio court, said he would return to competition despite lAAF threats to counter-sue or take further
      Reuter  -  302 words
  • Page 13 Advertisements
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      118 13 PRIME NEW ZEALAND INVESTMENT 110 SYMONDS STREET 110 Symonds Street stands on the Northern slopes of the street enjoying grand views of the Central Business District, Auckland Harbour and Rangitoco Island. The availability of this New Zealand property for sale represents a supeib opportunity to invest in a beautifully designed
      118 words
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      Page 13 Advertisements Column 2
      67 13 You can do so many things with the help of The Straits Times Classified, like: Buy a home Find a job Get a car Rentacar Sell your bicycle Hire a painter Purchase a washing machine Locate your lost pet Announce a birth Make an investment Hire a maid Start a
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      Page 13 Advertisements Column 3
      404 13 So You Want A I This is the single most HHHHHU at pan-west personal and important We h ave about 176 possession of a golfer. different putters which The putter is the only dub a makes us about the largest golfer will his own. He retai out j et for
      404 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Great expectations
      1127 14  -  America's soon-to-arrive forces may not be in a position to deliver what Somalis are hoping for, writes Jane Perlez Jane Perlez NYT Many Somalis welcome the imminent American military intervention in their country, but they view the narrowly focused goal of protecting the delivery of food to the
      NYT  -  1,127 words
    • Article, Illustration
      Lock icon Corporate underworld
      1462 15  -  James Sterngold in Tokyo reports on the hold gangsters have on Japanese companies James Sterngold NYT THE Ito-Yokado Co is not the kind of company you would expect to find cutting deals with gangsters in public toilets. Japan's most profitable retailer, it is respected as a model of
      NYT  -  1,462 words
  • Page 14 Advertisements
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      28 14 ns 111^' tv#.- <vWI Jz<. ;f|'' *'^'s■ &?W><J ySE»U .*s£:?;3&ws S» i- 09 4 »»M-M" £>••'••• Cr.<» U*. T.I *****' 1 ««»00. M. PI. M. W 25 JM" jjjk
      28 words
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  • Page 15 Advertisements
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      268 15 According To The Rules It's Always A Gamble When You Change Computer Systems. So Sun Changed The Rules. HAT Sun we staked our belief in client-server computing way ahead of everyone else in the industry. Which accounts for why we've grown into a formidable force in computing, in the ten
      268 words
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  • Page 16 Advertisements
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      1001 16 IHrHWfI where to wine, dine OOF —i 1 ==========i^^= I I^IBhSKK&/rVkfC: alii i>L frteifl GENUINE PENANG FARE LET OUR PENANG CHEF INTRDDUGE HER NEW RECIPES at the newly renovated princess TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH
      1,001 words
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      Page 16 Advertisements Column 2
      346 16 NTD WtEtynWENT.^ I Enjoy an unforgettable evening of spectacular world-class I revues at the Neptune. And our Early Dinner Special menu I prepared by experienced Hong Kong chefs. I Happy Hour Earty Dinner Special Menu from 6.30pm to I B.oopm on no-function day. Free parking in I the evening. I
      346 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      591 16 TELEVISION AND RADIO Ollt**! V\<"fclv«7 V\llfYl SBCI2 7.00 From° < the follow- 400 Atarfu*. Burn DaDy Dlim aSrer Mt«swa« 800 Serood T.ninw 750 »•*i The Gate- 5.55 Today In Wstory Worl d Business Report *-Yl ,J way (Stereo). Time alone up 6.00 ftogtonal News (M). ■■rnrnVarnrnnHi W* 8 s a
      591 words
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  • THE ARTS
    • Article, Illustration
      A Christmas fantasy in ballet
      770 17  -  Lisa Lee attends the Singapore Dance Theatre's first fiilMength classical ballet performance, and has a delightful time Lisa Lee KIDS they were onstage, they were offstage, back-stage and just about everywhere else. If ever there was a ballet to bring children to ballet, The Nutcracker
      770 words
    • Article
      An evening of joyful music-making
      500 17 Benjamin Loh reviews Ling Ai Ee and Rena Phua's two-piano performance j AMONG chamber works, two-piano combinations are perhaps one of the most difficult to put together. Problems of balance, textural control and synchronisation constantly need to be dealt with because of the sameness in
      500 words
    • Article, Illustration
      Lock icon Ian McEwan explores psycho-philosophy
      464 17  -  William Grimes reviews the novelist's latest book, Black Dogs William Grimes NYT THE road to evil lies right outside lan McEwan's doorstep, in the Languedoc region of France. Trail No 74 in the national hiking system known as the Grande Randonnee winds across the Causse du
      NYT  -  464 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      213 17 AND ENTERTAIN Best From The West Lunch or Dine on a selection of Western favourites featuring soups, salads, a carvery, cold appetisers and hot entrees. Every Monday Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL For rcMrvatioM, pitas* call SINGAPORE 732-1222 extension
      213 words
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      Page 17 Advertisements Column 2
      145 17 SMARI J 2HVBfI Nishiki offers Seafood Shabu Shabu and Beef Shabu Shabu Both give you the freshest cuts and served with seasonal garden green vegetables in hot pot broth Priced at $25.00+ and $20.00+ respectively For reservations, please call otq Restaurant Manager at 322 4224 (direct) or at 221 2811.
      145 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Analysts expect US data to support local market
      4356 18  -  By Shoeb Kagda BETTER-THAN-expected US unemployment figures and bargain-hunting by local investors should provide strong support for the Singapore stock market this week. Investment analysts noted that the local stock market, after retracting 30 points from a high of 1,473 last week
      4,356 words
  • Page 18 Advertisements
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      66 18 Instant Approval, No Waiting Now there's a way to turn Instant cash over the your shares into cash on the "P to 70% of mart<et value spot with Express Share Loan, —s, °f acceptable shares and scripless exclusively from Hong Leong j counters. Call 223 OM6/226 3398 Finance and Singapore
      66 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3203 19 S1A Foreign 1640 40 +2.5% OUB Foreign 492 +32 +7.0% Kcppcl C Wt 356 +30 +9.2% Sun Corpn 300 +30 +11.1% First Capital 308 +23 +8.1% First Cap Wt97 149 +21 +16.4% OUBFRts 169 +21 +14.2% Keppel Corpn 625 +20 +3.3% CMB Asia 565 +15
    3,203 words
  • Page 19 Advertisements
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      180 19 YOUR VERY OWN HASSLE-FREE ■jsatcrcow wws-qjwi|rojavKEi If news and other pertinent information on companies listed on the Stock Exchange And for iubscripthn fee o«t/f $259 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised research
      180 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3469 20 lnsas Bhd 50c 82 +60 +272.7% H Leong Ind 50c 620 +30 +5.1% M Banking 660 30 4.8% Gentings 50c 915 +25 +2.8% NST 394 +24 +6.5% Boustead 50c 183 +17 +10.2% Samanda Hldgs 227 +15 +7.1% Beijaya Group 121 +14 +13.1% Scl Properties 142
    3,469 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      152 20 Tod fm T*l Ho: 737 0043 Fax No; 734 3698 t NOTICE 1 I AII6REEN 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
      152 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices weaken amid scrip scam, HK market plunge
      5603 21 Bernama A FALSIFIED scrip scam and a plunge in the Hongkong market undermined market sentiment resulting in the local bourse closing the past week on a weaker note. The KLSE Composite Index dropped 2.87 points over the week to close at 637.61
      Bernama  -  5,603 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      305 22 Company Date Yaar Group Not Not oarnincs Gross ann to profit/loss por share dividend (*000) (cents) Wing Tai Dec 4 lun 92 $14,431 ($9,726) 68(5.7) 16(16) AISB Oec 1 Jun 92 M$334(M$11.495) 0 33(112) 5(12) Amal Steel Oec 1 Jun 92 M$88,527 ($85,262) 165(19) 12(10) QAF Ltd Nov
      305 words
    • Article
      OTHER RESULTS DUE
      347 22 Man Board last Fii Tear Cnmi NiM Date Te* EPS Cms Net ■Mm4 etag (cts) praft tat yw (STIM) Kit{s Interim Sep 10 Oec 92 5.3 5.0 4.436 CP Batteries Interim Nov 11 Mar 93 41.3 11.8TE 13.952 NT? IMgs Interim Nov 15 Mar 93 2.5 3.3
      347 words
    • Article
      PRELIMINARY RESULTS
      123 22 Company Date Year Group Net Not earnings Cross ann to prom/loss per share dividend (•000) (cents) C4C Dec 1 Sep 92 J65.010(J71.942) 8.7(14.8) 17(17) Times Pub Nov 20 Aug 92 $24,168(535.903) 19 9(29 5) 10(10) NST Nov 16 Aug 92 MJ68,894(555.298) 38(31) 20(10) Kemayan Nov 16 May 92
      123 words
    • Article
      DIVIDENDS ANNOUNCED
      858 22 Current Ex Books Date Total tor Total tar payment date dose payaMe the year last year MS8 5%(b) Jan 8 Jan 22 Jan 29 5% 12% Aral Steel 50c 12%(b) Nov 19 Dec 3 Jan 2 12* Amtek Em 20c 6%TE Dec 4 Dec 10 Dec 30 12%TE
      858 words
    • Article
      INTERIM RESULTS
      319 22 Company Date Half-year Group Not MR to profit/loss dividend C000) Kim Eng Dec I Sep 92 $7,368(13.694) M Credit Dec 1 Sep 92 $2.0421 (56.249) M") CB Hldgs Nov 30 Sep 92 $1.825($1.108) 2.5TE(2.5)TE 4Metro Hldgs No* 27 Sep 92 $3,661 ($1,938) Transmarco Nov 27 Sep 92 $2,243
      319 words
    • Article
      RESULTS FORECAST
      139 22 Mm Bead Lart M Year Forecast lata Net Net Pre* EPS ■wi Year EPS Grets praM N( N« CNpaq PeiM last ir ertag (ets) 4* (SIN) (SSa) (cts) ferce Pete F Nov 18 Dec 92 1 8 1.5 4.925 4.5-7.5 1 2-2.0 Ma Pacflk F Oec 13 S«p
      139 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      799 22 Tram Registered Substantial Buy/ Ne. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before After JPH 01/12/92 United Overseas Insurance S 50,000 453.500 850,000 0.00 800.000 0 00 DOB 30/11/92 U01 S 100.000 662,500 34.465.001 6 00 34.365,001 6 00 IK 30/11/92 Street Names Temasek Holdings
      799 words
    • Article
      CORPORATE DEVELOPMENTS
      670 22 Dec 4 Temasek Holdings Pte Ltd, a substantial shareholder of DBS Bank, sold 120,000 DBS shares for $1,617,345. The sale lowered Temasek's stake in the bank to 109,033,089 shares or 20.88 per cent. Hong Leong Credrt Bhd acquired 50,000 ordinary shares of Zalik Bhd at M 53.42 per
      670 words
    • Article
      APPROVED ISSUES
      382 22 Company Rights Issue Hint Itch TVeetor five fe II00 per share Exrlate Dec 10 Bis Close Dec 22 Acceptance and Payment NYA Guthr* GTS One Kx one (a $023 per share E*4ate Nov 26 Books Close Dec 8 Acceptance i Payment NY A krone Em Onelor five $210
      382 words
    • Article
      PROPOSED ISSUES
      504 22 Company Rights Issue feral Sled One-tor three MJ2.20 pet share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscnptnn Rights (TSR) for an aggregate price of M$i per CRPS with one TSR. on the basis of one
      504 words
    • Article
      COMPANY MEETINGS
      216 22 Kanzen Bhd: EGM at Studio 1, sth Floor, Kuala Lumpur Hilton, Sultan Ismail, ***** Kuala Lumpur, on Monday, December 7, at 10.00 am Linfui Development Bhd: 24th AGM at the Raya Room, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, on Monday, December 7, at 11.00 am Daiman
      216 words
    • Article
      SCRIPLESS CONVERSIONS
      85 22 Conversion Special Trdg Scriptess Conversion deadline Period Trading Companv starts (1DP) (ST) starts Alliance Tech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Guthrie GTS Jan 5 Jan 26 Jan 13 Jan 26 Jan 27 OUB Nov 16 Dec 4 Nov 24 Dec 4 Dec 7
      85 words
    • Article
      RECORD HIGHS & LOWS
      148 22 RECORD HIGHS LOWS BT Composite Index 1992 htft: 1316.68 (21/2/92) 1992 tar 1122.50 (18/8/92) 1991 lijh: 1333.08 (3/6/91) 1991 tar 1022.52 (16/1/91) 1990 hifh: 1435.43 (16/7/90) 1990 tar 981.07 (09/11/90) M-tine *h: 1*35.43 (16/7/90) M-tine tar 64.83 (29/6/65) BT-MGA Index 1992 Nch: 746.26 22/1/92) 1992 tar 631.76 (21/10/92) 1991 lifh:
      148 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 22 In local curr In SS In US$ dy >t dy yr dy yT Dec 2 Index chge chge chge chge chgt chgf World 389.3 -0.1 -4.7 0.2 -6.9 0.2 -7.8 JEAFE 453.9 -0.2 -9.6 0.5 -13.3 0.5 -14.2 Europe 424.4 -0.5 3.2 0.6 -6.7 0.6
      367 words
  • Page 22 Advertisements
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Wall St eyeing latest recovery cautiously
      786 23 FT BROKERS eye recovery with suspicion like a thrifty car buyer cautiously eyeing a sec-ond-hand model with suspiciously few miles on its clock. The US stock market is in no hurry to buy the latest economic recovery. In normal times, last Friday's November employment
      FT  -  786 words
    • Article
      Lock icon Prices slide as small investors decide to take profit
      317 23 AFP SHARE prices finished lower last week on the Tokyo Stock Exchange as individual participants refrained from active investment and decided to sell shares for profit following the recent gains. The Nikkei Stock Average of 255 selected issues in the first
      AFP  -  317 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SEOUL
        90 23 SHARE PRICES slid throughout the past week after opening strongly to close at 623.24 points, down 29.70 points or 4.5 per cent from a week earlier. The Composite Price Index rose by 10.42 points to 663.36 points on Monday, but as the central Bank of Korea announced its opposition
        90 words
      • Article
        MANILA
        97 23 THE Philippine stock market recovered slightly last week after a two-week downturn due largely to increased purchases in the oil sector, bourse analysts said last Saturday. At the Manila Stock Exchange, the Composite Index rose 1.26 per cent to hit 1,279.54 points last Friday while the Composite at the
        97 words
      • Article
        TAIPEI
        77 23 SHARE PRICES extended their downswing on the lack of incentives last week. Extending a 1.1 per cent decline from the previous week, the 311-issue Weighted Price Index lost 30.55 points, or a further 0.8 per cent, to settle at 3,651.39 points last Friday. Average daily turnover slipped to 157
        77 words
      • Article
        BOMBAY
        71 23 INDIAN stock prices rallied rapidly last week as institutional investors and speculators returned to the trading ring after a prolonged period of caution. The Bombay Stock Exchange (BSE) Sensex of 30 blue chips surged from 2,486.41 to 2,696.9 and its National Index moved from 1,144.18 to 1,226.1 over the
        71 words
      • Article
        JAKARTA
        91 23 TRADING remained slow throughout the week on the Jakarta Stock Exchange (JSE), pushing the index further down in spite of slight increases of selected shares. The JSE Index finished at 280.450, compared with 284.660 the previous week. Daily trading averaged 4.00 million shares worth 15.93 billion rupiah, down from
        91 words
      • Article
        SYDNEY
        86 23 THE Australian share market settled into subdued trading last Friday after being pushed down for a week by external factors and an unexpected blow-out in the current account which undermined investor confidence. After six consecutive falls, the main market indicator, the All Ordinaries Index, inched 1.4 points up last
        86 words
    • Article
      Out of the mark, and into the pound
      795 23  -  By Ray Heath THE LEAST LIKELY role for sterling is a funk-hole for investors fleeing the deutschemark. Only veteran dealers can remember when the pound stood as a reserve currency. So why would anyone wish to switch from the mark, that symbol
      795 words
    • Article
      Lock icon Hang Seng, sheds 12pc in panic selling
      205 23 AFP ■3 >HOtteKONG ™i SHARE PRICES suffered a 12 per cent loss in panic selling in a week marked by an escalating British-Chinese row over the future of Hongkong. The Hang Seng Index plummeted 718.57 points to close the week's trading at 5,268.10
      AFP  -  205 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      149 23 I ->' fe f- 1 r f .9 It m JR, I I ifl Hpr I r V n|J .<••; r Is I VJ| j^plj>.^ 6 CERRUTIIBBI LUNETTES Sole Agents tor Singapore. Malaysia ■rr\ s/n Kw»ny Optical Pte Ltd skes.™ t i OPTICAL Wisma Atria *****01 CONTINENTAL OPTICS Wisma Atria
      149 words
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  • WORLD STOCK MARKETS
    • US blue chips buoyed by unemployment data
      • Article, Illustration
        NEW YORK
        1308 24 BLUE-CHIP STOCKS closed higher last Friday after a drop in the Novem- ber jobless rate to 7.2 per cent from 7.4 per cent in October fuelled confidence that the recovery is gathering force. The Dow Jones Industrial Average was up 12.15 points at 3,288.68 at clos- ing. In
        1,308 words
      • Article, Illustration
        LONDON
        842 24 SHARE PRICES fell in trading last Friday, having risen initially in response to a rally in Hongkong and a strong performance by Glaxo. The change in sentiment was caused mainly by remarks by the Chancellor of the Exchequer, Norman Lamont, that sterling had fallen far enough. This was seen
        842 words
      • Article
        FRANKFURT
        138 24 THE stock market ended the week with a moderate loss, as the DAX Spot Trend Index finished on Friday at 1,522.57 points, down 0.6 per cent from 1,532.50 points at the Thursday close. The Friday closing figure was subject to slight correction later in the afternoon at the final
        138 words
      • Article
        PARIS
        163 24 PROFIT-TAKERS had a field day last Friday, pulling the CAC-40 down nearly one per cent. Dealers said the drop was logical after the bourse's rise in seven of the preceding eight sessions and that the market was consolidating the recent gains. The CAC-40 Index fell 17.75 points, or 0.99
        163 words
      • Article
        AMSTERDAM
        399 24 DUTCH SHARES ended fractionally ahead but dealers said a hoped for yearend rally showed signs of flagging and could run into profit-taking this week. The EOE Index finished at 282.03, up just 0.01 on the day and well off the opening 282.33. Better-than-expected US jobs data provided a boost
        399 words
      • Article
        MILAN
        280 24 UNCERTAINTY over interest rates and the state's privatisation plans both weighed on Italian shares, which closed mixed in low turnover last Friday, dealers said. The MIB All-Share Index closed 0.6 per cent lower at 835, with the underlying trend up 0.36 per cent. The government announced privatisation plans last
        280 words
      • Article
        ZURICH
        299 24 SWISS SHARES ended slightly firmer on Friday ahead of yesterday's Swiss referendum on whether to join the European Economic Area (EEA). The broad SPI rose 5.1 points to 1,158.0. Dealers said most investors had already balanced their books in recent days. Overall volume was low and centred on multinational
        299 words
      • Article
        BRUSSELS
        205 24 BELGIAN shares closed slightly higher last Friday, recovering from early weakness, after a firmer opening on Wall Street and mildly positive US jobs data. The Bel-20 Index of leading shares closed up 1.93 points, or 0.17 per cent, to 1,129.15. A total 954 million francs worth of Belgian shares
        205 words
      • Article
        STOCKHOLM
        215 24 PROFIT-TAKING hit Swedish shares for the fourth consecutive day after soaring with the floating of the Swedish kronor on Nov 19, and dealers said investors might continue to pocket their gains. The All Share Index fell 1.8 per cent to 862.65. Volume was a healthy 727 million crowns. "It
        215 words
      • Article
        TORONTO
        246 24 STOCKS finished significantly stronger last Friday as traders put a positive spin on Canadian unemployment numbers. Unemployment rose to 11.8 per cent in November from 11.3 in October. "But if you look closely at the numbers, you realise that there are more people out there looking for jobs and
        246 words
      • Article
        Untitled
        378 24 Dec 4 Close Previous NEW YORK Dow Jones 3.283.68 3.276.53 +12.15 SAP 500 432.06 429.91 +2.15 Turnover (million) 227.4 238.05 -10.65 LONDON FTSE 100 2,759.4 2.771.0 -11.6 FT-30 2.082.4 2.091.7 -9.3 Turnover (million) 675 669.5 -5.5 FRANKFURT DAX Index 1.522.57 1.532.50 -9.93 AMSTERDAM EOE Index 282.03 282.02 +0.01 PARIS CAC-40
        378 words
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  • CURRENCY, MONEY & FUTURES MARKET
    • Article
      Greenback rises on jobs data
      443 25 NEW YORK BOOSTED by a set of promising employment numbers, the dollar rose about IV2 pfennigs and posted gains on other currencies last Friday. The US government reported nonfarm payroll jobs rose by 105,000 in November, up from a revised gain of 34,000 in October,
      443 words
    • Article
      US dollar firms against most units
      547 25 ASIAN CURRENCIES HONGKONG Most Asian currencies lost further ground against the US dollar last week, with only the Hongkong, Australian, New Zealand and Philippine currencies posting gains. Dealers attributed the greenback's strength to seasonal year-end demand, better US economic data and continued tension in
      547 words
    • Article
      INTERBANK FOREX RATES
      404 25 Cross rates p^ 4 US$ SS MS Dm Yen SFr AS NZS USS 1-6400 2.5370 1.5820 124.60 0.6394 1.4130 1.4388 1.9305 SS 0.6098 1.5470 0.9646 75.9756 0.3899 0.8616 0.8773 1.1771 MS 0.3942 0.65 0.6236 49.1131 0.2520 0.5570 0.5671 0.7609 Dm 0.6321 1.0367 1.6037 78.76 0.4042 0.8932 0.9095
      404 words
    • Article
      MONEY MARKET
      580 25 Interbank rates Week ended Dec 4 S$ Bid Offer Overnight 3/4 7/8 1-month 1 3/4 1 7/8 2-month 2 2 1/8 3-month 2 1/8 2 1/4 Overnight mode: 1/2 USS High Low 7 days 3 3/16 3 1/16 1 month 4 5/16 3 3/16 2 months 4 3
      580 words
    • Article
      Lock icon A week of surprises in financial markets
      537 25 IHT PARIS Just when it looked as if all too many financial markets might be in danger of becoming altogether too predictable, traders were reminded just how quickly things can turn upside down as the pound, the deutschemark and the Hongkong stock exchange
      IHT  -  537 words
    • Article
      Lock icon Asian investors cool to new UK bond
      407 25 Bloomberg TOKYO In a move reflecting the growing importance of Asian investors in international capital markets, the underwriters of the UK's US$3 billion (554.9 billion) Eurodollar bond, the largest Eurodollar bond ever, tested the waters in Asia last week before offering the bond
      Bloomberg  -  407 words
    • Article, Illustration
      Lock icon No reason to change franc policy: French minister
      290 25 Bloomberg PARIS French Finance Minister Michel Sapin said last Friday that he saw no reason to change current policy on the French franc, which closed a turbulent week stable against the deutschemark after surviving a spate of speculative selling mid-week. "Violent speculative
      Bloomberg  -  290 words
    • Article
      FINANCIAL FUTURES
      478 25 BANKS ABN Amro Bank NV 6 ANZ Banking Group 6 Allied Irish Bank PLC 6'/j American Express Bank 6'/j Arab Banking Corp 6V< Arab Bank PLC 6 Asahi Bank Ltd 6V« BFCE 6* Ban Hin Lee Bcrhad 6'/« Banca Commerciale 6V2 Banco do Brasil 6'/j Bangkok Bank 6%
      478 words
    • Article
      PRIME LENDING RATES
      144 25 COMEX Dec 4 CPU) FUTURES 1100 oz) USt/oz Open High Low Settle Change Dec 92 335.80 336.00 335.30 335.70 +0.20 Jan 93 336.20 +6.20 Feb 336.60 337.00 336.20 336.60 +0.20 Apr 337.70 338.10 337.50 337.80 +0.20 Jun 339.70 339.80 339.30 339.40 +0.20 Aug 341.10 341.10 341.00 341.00
      144 words
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  • COMMODITIES
    • Article
      Lock icon IEA sees strong demand for oil in 1993 first quarter
      391 26 Reuter LONDON The International Energy Agency (lEA) has offered a strong forecast for demand for oil from Opec and from industry stocks in the crucial 1993 January-March quarter. The West's Paris-based energy watchdog last Friday also said Opec seemed during
      Reuter  -  391 words
    • Article
      Lock icon EC unhappy with outcome of Inro talks on new rubber pact
      234 26 AFP SINGAPORE The European Community (EC) has expressed regret over the outcome of a meeting in Kuala Lumpur at which it had expected natural rubber producers to specify what they wanted to see in a new rubber pact. The
      AFP  -  234 words
    • Article
      Prices of oil, gold and base metals fall
      879 26 REPORTS LONDON: The price of oil fell last week by around USSI a barrel as dealers reacted to the Opec decision to make only a limited cut in oil production. The cutback agreed for the first quarter of 1993 was seen as
      879 words
  • Article
    PRICES
    1429 26 Rubber RAS Commodity Exchang (futures dosing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Selt (tonnes) Interest Jan~93 147.25 146.50 147.75 UiO £<jB Feb 147.75 147.50 147.75 50 4.300 Mar 147.75 146.75 147.75 1.075 5.025 Apr/Jun 148.25 147.75 148.50 1.500 21.375 Jul/Sep 148.75
    1,429 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      480 26 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3608 IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF PHIL DORITY PRODUCTIONS PTE LTD. (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE PURSUANT TO SECTION 308(2) OF THE COMPANIES' ACT, CAP 50 NOTICE IS HEREBY GIVEN
      480 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1206 27 City Fight ETA night ETD UtUHt SQ228 2050 SQ227 2230 RJ182 1440 RJ183 2340 Amtorrta* SQ23 0645 KL838 2240 KL831 0940 Auckland NZ25 1655 NZ28 1810 SQ288 2030 BA12 2200 BMtoStri 8(421 1105 SQ182 0915 Bacavaii SQ181 1410 B1422 1205 B1429 2030 B1430 2125 BMgtefc GA861
    1,206 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Nothing to crow about
      677 27  -  POSTCARD FROM TOKYO ✓/x/x By Andrew Pollack Specialists gathered recently in northern Japan for a symposium titled Crows Can They Co-Exist With People? It doesn't take living in Tokyo long to know that co-existence is not a problem, at least for the crows. The big, black,
      677 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      153 27 As at 10am on Dec 4: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1345 1.1505 Canadian dollar 1.2730 1.2987 NZ dollar 0.8400 0.8600 Sterling pound 2.5531 2.5890 US dollar 1.6360 1.6420 Local dollars to 100 units of foreign currency Austrian
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      84 27 Duration Title Venue Organiser Tel Jan 7-10 Autosports Birmingham Haymarket 071-*****20 j International Exhibitions, (fax) Teddington TWII J Jan 7-10 London Earls Court. National Boat 0784-*****8 International London Show. Mead lake Boat Show Place. Thorpe Lea Road Duration Title Venue Organiser Td Jan 20-23 British Education Barbican
      84 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      45 27 Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      45 words
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      Page 27 Advertisements Column 2
      25 27 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
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    • Advertisement
      Page 27 Advertisements Column 3
      266 27 BUSINESS TIMES Totl free Tel No: 737 0043 Fax No: 734 3698 latka Matter* The Conpaatea Act, Cap. $0 Mi h tha Matiar of SKYXIT WORLDWIDE couum frariM ptk ltd (la CradJUrs 1 Vohmtary Liquidation) NOTICB IS HEREBY OIVBN thai the Cnditon of iki ibowoumd Coopuy which to Mag votuaterily
      266 words
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      Page 27 Advertisements Column 4
      282 27 M THE MATTER OF THE COMPAME3 ACT, CAP. 90 ANO M THE MATTER OF WIZ (SIMEX TRADER) PTE LTD (In Mtenbara' Vatuntary 11 |in latiate) At an Extraordinary Ganaral Meeting of tha Company held at 27 CmDnmin Road &noaporv 0208 on2t November 1982 the tetowvtg iptctal PMokitioni iwv pMt#d (1)
      282 words
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      Page 27 Advertisements Column 5
      611 27 M THE MATTER OFTHECOMPANE3 ACT. CHAPTER 50 and M THE MATTER OF FOUNDATION PIUNQ (PTE) LTD 0N VOLUNTARY UQUOATOH At an Extraordnary General Meeting of the member* at Foundation Piinq (Pie) Lid dJy convened and haid* 166 Taman Permata. Swgapon 2057 on 30 November 1982. the Mowing Special and Oninary
      611 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      256 27 1 Is it rolled turf or asphalt? L^J— 4 Furious herald would call io~"^" 10 Mine Support not required by |M jet plane (4) i7~^H^ 13 Small investment in valu- I j I j I I j able fur produces capital UhHi 14 A wager to help criminal activity (4)
      256 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      162 27 Singapore Outlook: Occassional showers in the late morning and afternoon Report: Maximum temperature 24.0 Assoc humidity 97% Minimum temperature 22.6 Assoc humidity 100% Hours of sunshine 0.00 Rainfall in mm 58.7 Rainfall this month 200.4 Rainy days this month 6 World report Asia-Pacific Hi/Lo* Cond. Bangkok 32/22 Clear Beijing 03/-02
      162 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      35 27 I yr\ Teßß t p>L_y SORR.V.. A I't^vlUST 4 —vApvve. vou p T o U>FMT so J SPiSJJ? T Z e»eeN holding ON roe MOOR: j A Q^ r jf ft V ND i <>v
      35 words
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  • Article
    Lock icon Formosa Plastics plans giant project in China
    381 28 Taipei group proposing tie-up for petrochemical processing zone Reuter TAIPEI Taiwan's Formosa Plastics group, the island's largest private conglomerate, has proposed a tie-up with other Taiwanese companies to build a giant petrochemical processing zone in China. Group chairman Wang Yung-ching unveiled tentative plans
    Reuter  -  381 words
  • Article, Illustration
    Lock icon Bonn close to compromise on asylum issue
    314 28 Govt and opposition resume marathon talks AFP BONN Representatives of the government and the opposition Social Democratic Party (SPD) were hopeful of reaching a compromise yesterday in negotiations to settle Germany's acute asylum crisis. After 14 hours of hardnosed talks on Saturday which
    AFP  -  314 words
  • Article
    Lock icon Mass arrests in Seoul as crackdown on Hyundai widens
    253 28 AFP SEOUL South Korean authorities were questioning 14Hyundai business group executives yesterday and had arrested 14 others following a government crackdown on maverick presidential candidate Chung Ju Yung's conglomerate, officials said. An official with Mr Chung's opposition United People's Party (UPP)
    AFP  -  253 words
  • Article, Illustration
    Let Kaysone be the last of the Lao strongmen
    753 28  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent THE sudden collapse of a care-fully-arranged deal by a French firm to buy equity in a brewery in the Lao capital. Vientiane, has raised questions that go far
    753 words
  • Article
    Lock icon EC ministers set for rough bargaining on integration
    464 28 AFP BRUSSELS The European Community begins two days of rough bargaining here today as foreign ministers try to patch up quarrels over the politics and cost of EC integration ahead of a summit at the end of the week. Efforts to get
    AFP  -  464 words
  • Article
    Lock icon Rioting Hindus tear down mosque in Ayodhya
    375 28 Reuter AYODHYA, India Rioting Hindu militants yesterday demolished a mosque which they say stands on the birthplace of their god-king Lord Rama. Witnesses and foreign journalists said the 16th Century shrine had been reduced to a pile of rubble after tens of thousands
    Reuter  -  375 words
  • Article
    Lock icon Watanabe set to keep post: papers
    111 28 AFP TOKYO Japanese Foreign Minister Michio Watanabe is expected to keep his portfolio in a Cabinet reshuffle to be carried out soon by Prime Minister Kiichi Miyazawa, the Asa hi Shimbun and other newspapers said yesterday. The prime minister, who came to power a
    AFP  -  111 words
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  • Shipping Times
    • Article, Illustration
      Fels delivers last of 3 cable ships to owners
      409 29  -  By Dexter Lee SINGAPORE Listed Far East Levingston Shipbuilding (Fels) has delivered the third and final cable ship that it has built for US communications giant AT&T and Canada's Teleglobe Marine Inc. The US$75 million S$ 123 million) vessel left Singapore
      409 words
    • Article
      Lock icon 22 saved as cargo ship sinks off Hongkong
      189 29 AFP HONGKONG The 22member crew of a Panamani-an-registered cargo ship were rescued last Saturday from their vessel as it sunk in waters some six nautical miles south of here, a government official said. The 2,489-tonne ship, Chung Ho, operated by Hongkong agent
      AFP  -  189 words
    • Article
      Lock icon 90pc of ships pass P&I Club's inspection
      183 29 Reuter LONDON More than 90 per cent of the 832 ships inspected by the world's leading liability insurer UK P&l Club since 1990 have now met required quality standards, the club said last Friday. The UK club insures about a quarter of the
      Reuter  -  183 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1180 29 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 ASXCLShpg 15 2 Austorient
      1,180 words
    • Article
      Lock icon Spill could be biggest in history
      384 29 The Aegean Sea oil spill AP LA CORUNA, Spain The oil slick gushing from a wrecked tanker had blackened 100 kilometres of rocky coastline by last Saturday, leading environmentalists to fear it could be the biggest spill in history. More than 48 hours after
      AP  -  384 words
    • Article
      Lock icon US oil spill laws still not implemented
      494 29 AP WASHINGTON Nearly four years after the Exxon Valdez oil spill devastated Alaska's coast, major sections of a US law improving tanker safety have yet to be put into effect, an environmental group said last Friday. The report on tanker safety improvements came
      AP  -  494 words
    • LOG BOOK
      • Article
        World floating oil stocks down in October
        76 30 LONDON Worldwide floating oil storage at the end of November totalled 9.24 million deadweight tonnes, held in 49 vessels, said broker John I Jacobs last week. This was down from 9.63 million tonnes in 51 ships in October and further down from the
        76 words
      • Article
        Five Iranian tankers storing oil
        69 30 LONDON The National Iranian Oil Co (NIOC) has five tankers totalling 1.28 million deadweight tonnes being used for floating oil storage in November, down 0.31 million dwt from October, according to figures released last week broker John 1 Jacobs. All five tankers are believed to
        69 words
      • Article
        Liberian tanker refloated
        33 30 LONDON The 23,648-dwt Liberian-flagged chemical tanker Stolt Avance which grounded off the Italian coast last week has now refloated and is at Torre Annunziata, Lloyd s Shipping Intelligence Service said.
        33 words
      • Article
        Panamanian ship back in service
        35 30 LONDON The Panamanian-flag Uniwise is back in service following repairs in Taiwan, Lloyd s Shipping Intelligence Service said. The 8,130-dwt freighter was towed to Taiwan last month after engine failure.
        35 words
      • Article
        Italian ship sails after payment
        51 30 LONDON The Italian-flagged chemical tanker Verazzano has left Bordeaux having paid the port authorities a guarantee after the vessel was in collision with a fender on leaving its berth, Lloyd's Shipping Intelligence Service said. The authorities had held the 11,815-dwt vessel pending payment to cover
        51 words
      • Article
        Turkey to release arms ship
        80 30 ANtfARA Turkey was set to release over the weekend a Cypriot freighter carrying arms for Iran which was seized almost 14 months ago, closing an incident that had soured relations between Ankara and Tehran. The Cape Maleas was expected to leave Turkey over the weekend
        80 words
      • Article
        Privatising London's red buses
        99 30 LONDON London's celebrated red double-decker buses are'to be sold off to the private sector at the end of next year, the-government announced last Friday as part of its effort to opan the capital's public transport market to competition. Loyefis-of that -moving symbol of London will be
        99 words
    • Article, Illustration
      Lock icon FMC drops 4 proposals
      1030 30  -  Only two of the six deregulation ideas advanced by the Federal Maritime Commission remain to be dealt with, reports Tony Beargie Tony Beargie American Shipper IN ONE fell swoop, the Federal Maritime Commission (FMC) dropped four deregulatory proposals which were originally part of the agency's overall
      American Shipper  -  1,030 words
    • Article
      COCKETT BUNKER MARKET REPORT
      825 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehen-: sive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change
      825 words
    • Article
      THE SHIPPING GUIDE
      9280 38 This is a list of ships loading at Singapore for ports around I 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
      9,280 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        478 45 V«Mt Voy No ftarih hmi Departrt Marina Wharm Aunghbkesan 2/92 M04 0712/0800 07 12/2000 Aungtunaung 02A/92 M04 07.12/1430 08.12/2200 Batam Baru 8200 M03 07.12/0900 08.12/2300 Batam Indah Nil M02 07.12/0900 08.12/2300 Batam Murn *****2 M03 07.12/1000 08.12/2300 Batam Cayang *****2 M04 0712/1000 08.12/2300 Batammdo 1 1279S M01
        478 words
      • Article
        CONTAINER SCHEDULES
        1499 45 DELIVERY Of Fa IMPORT CONTAINERS IN PHOCBESS SNp Hoy Hi ConUfcm mbMt Sfe Hp CmMnm wfaMt Frankfurt E 65/34S 06.12.92 0002 Lampung *****S 06.12.92 0110 Karun Jaya I 326 06.12.92 0225 Rata Bhum 34N 06.12.92 0225 Tiger Star 44N 06.12.92 0620 Morrte Rosa 21/246 06.12.92 0650 Benp Bhum
        1,499 words
    • Article
      DAILY FREIGHTS
      1038 46 FREIGHT futures on Thursday rose sharply in the afternoon on buying from one major commodities trader albeit in moderate volume of 158 lots at 1530 GMT, dealers said. Traders said the motive could have been a higher Mississippi to Rotterdam grain fixture reported in the morning for a
      1,038 words
    • Article
      TRANSPORT DIARY
      424 46 Dec 15-16: Essentials in Marine Cargo/Vessel Insurance Ship Chartering Practice, to be held at the Harbour View Dai-lchi 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
      424 words
    • Article
      Lock icon Cambodian airstrip reopens after 10 years
      300 48 AFP THBENG MEANCHEY, Cambodia The Thbeng Meanchey airstrip in Cambodia's northern Vihear province was reclaimed, after 10 years, from the jungle when a UN Transall C-160 transport plane touched down last Saturday. For a month, 30 men of the 17th parachute regiment from Tarbes,
      AFP  -  300 words
    • Article
      Lock icon Recall 5m GM trucks with faulty gas tanks: insurance group
      541 48 NYT NEW YORK A widely respected insurance industry group last Friday urged federal officials to consider recalling five million pickup trucks manufactured by General Motors Corp, saying the company had misrepresented and played down the danger of fires in collisions.
      NYT  -  541 words
    • Article
      Lock icon Tougher pollution rules for aerospace firms postponed
      250 48 UPI DIAMOND BAR, California Pollution regulators agreed last Friday to delay for a year tougher emission standards for coating materials used b> aerospace firms on aircraft and space vehicles. The move by the South Coast Air Quality Management Districts (AQMD) board comes after
      UPI  -  250 words
    • Article
      Lock icon Delta's debt ratings put on credit-watch
      331 48 Move due to airline's huge losses, higher expenses UPI NEW YORK Standard and Poor Corp last Friday placed Delta Air Lines Inc's debt ratings on credit-watch with negative implications due to huge losses, increased expenses and possible increased competition. SP, the rating agency, said
      UPI  -  331 words
    • Article
      Lock icon Northwest set to finalise US$250m loan package
      328 48 Reuter CHICAGO Northwest Airlines, the fourth largest US airline, is expected to wrap up a US$25O million (SS4IO million) emergency loan package by tomorrow in a deal aimed at helping the cash-strapped carrier through the slow winter season, a source familiar with the
      Reuter  -  328 words
    • Article, Illustration
      Lock icon San Francisco gets 3 new cable cars
      204 48 AP SAN FRANCISCO Three shiny new cable cars climbed halfway to the stars with holiday shoppers who jumped aboard for an open-air view of the city's panoramic vistas. The Powell Street Cable Car No. 13 made its way up the hill from the
      AP  -  204 words
    • Article
      Lock icon China seeks foreign partners in aviation
      242 48 AP BEIJING China's aviation administration is seeking permission for foreign companies to run some domestic airports and invest in the state-run airlines, the China Daily newspaper reported last Saturday. The newspaper said both innovations were part of a plan drawn up by Jiang Zhuping.
      AP  -  242 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      9 29 1 For advertising enquiries, contact Shipping Times. Tel 740-*****740-2090.
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      Page 29 Advertisements Column 2
      112 29 the FAMOUS hmk/mum EEXUdI 224 1833 For more information pleaae refer to Pg. 13 Federal Maritime Commission drops 4 ideas on deregulation, Page 2 Cambodian airstrip reopens after 10 years, Back Page MOL Upgrades Service to East Africa. MOL Carries More to East Africa. If you're shipping to East Africa,
      112 words
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      Page 30 Advertisements Column 1
      93 30 WQ It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
      93 words
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      Page 31 Advertisements Column 1
      2191 31 m/m OOCL. (8) PTE LTD JAR DINE SHIPPING AGENCIES *****11 FAX: *****09 TMWfr BOOKINGS TEL: *****34 *****58/ *****40 ■MIIIIM CFS (PSA F5) TEL: *****21/ *****79 PBAAAfIn PESAKA JAROINE SHIPPING AGENCIES SDN. BHD. L A p ORT KELANG TEL: *****18 FAX: *****91 *****88 rm r. r— PENANG TEL: *****4 FAX: *****1
      2,191 words
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      Page 31 Advertisements Column 2
      581 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT fmuAsc/i MuMTED ARAB SHIPPING CO.(SAG)!Im To USEmtCoa* 1 Ml I II OWW V 4/U Ml t/ll V9l 11/H m mom m ivu ivm m/m tvn »/n mMM 17 V9l 4/K t c '/V
      581 words
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      Page 31 Advertisements Column 3
      1424 31 ■QBoaßza WELCOME ONBOARD! OUR NEW DEDICATED SERVICE -i TO WEST COAST SOUTH AMERICA PLEASE CALL *****11 Vessel Voy ETA ETO Feeder by s~H*/A,~ DESTINATIONS TKN MM Majestic M*e>s* 9302 cv ivi2 oaoo hrs crs 14/12 2359 MRS JOH LPK PEN OAK LG6 HCXJ MEM ATL MIA CHS BAL PHL NYC
      1,424 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1551 32 1 ROAM/ PSjwM VOY NO S PORE JEDOAH S HAMTON H'BURG ANT LE HARVE LA SEINE 27/149 9/12 27/12 30/12 28/12 L MX VKSTBOHW HOECHST EXPRESS 06/349 12/12 22/12 30/12 2/1 4/1 6/1 POET KELAM6 PCTAN6 DANUBE 05/150 17/12 2/1 5/1 3/1 CARGO TO UK/COOfTWEJIT LUOWIGSHAFEN EXPRESS 05/350 19/12 29/12
      1,551 words
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      Page 32 Advertisements Column 2
      584 32 FCL A Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul (or aN services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR e Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Veasel HA SIN ORIENTAL KNIGHT 13/12 VILLE DE TUCANA
      584 words
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      Page 32 Advertisements Column 3
      1446 32 F3—■ana itn EXPRESS LCL SERVICE DEPARTING EVERY SUHOAY WE ARE PLEASED TO ANNOUNCE NEXT SAILING: A SL FREEDOM VOY: 302W ETA SINGAPORE 13/12/92 c. %l LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING i DESTINATIONS TRANSIT 2 UNITED KINGDOM FELIXSTOWE 23 DAYS GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM 19
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      Page 33 Advertisements Column 1
      2074 33 STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11*01 Keppol Towers Singapore 0208 Td: *****88 Fax: *****17 ACCEPTS CARGO DUE SAA.S |?IUIJ H 8 'VI [W M HMOfll I'l I»HJ I] RAJAH BROOKE V23E Muva. Lib OR-09 D*c 09 Dm 10 Dk KRIS MEMJH V 1 IE KH. Skan. Tn
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      Page 33 Advertisements Column 2
      2313 33 m SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd I (Yll 10 Hoe Chiang Road #07-01 KEPPEL TOWERSSIf^APOREO2OB TeJ 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z I EXPORT vnv *mta •MA SIN ALG ftOU ant HOT HAM Vfim VOY AWT HOT MAM SOU LEM
      2,313 words
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      714 34 wliilHlflli CR NBR **********0-0 I K EXPRESS SEMI CONTAINERSHIP SERVICES I! TO EUROPE l^j Wl/WY STORE (CAM/AO AM HVIC BREMEN AMTWOP I MAIAJtAM 33W8 13-18/12 15/1 20/1 2S/1 21/1 II FAST TRANSIT TIME I ACCEPTING BREAKBULK/CONTAINERISED CARGO Sublet to Inducement. Also accepting cargo to CaaaManca, j Port Said, Port Alexandria,
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      Page 34 Advertisements Column 2
      1322 34 HANJIN SHIPPING DR VSL I SM ILK HAUL SEA VCR FDR VSI SM IIK HAUL SAV 111 NYC UNJM CKfAJ 0191 7/12 K. HASAN 075t 30/12 1/1 HANJM CHEJU 0191 7/12 M. AIOICA 00ft 14/1 15/1 17/1 KNANGYANC 096E 14/12 M. BUSAN 126E 9/1 10/1 022 i?/!» m aSmw M/l
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      Page 34 Advertisements Column 3
      1261 34 -J -T I pkl w «ss «s kls rw mi osk net ae iro ui cw m wrc uw urn mi n» »e p» om |(am K 054 1/12 1/12 14/12 14/12 11/12 21/12 22/12 24/12 25/12 M/l? 21/12 »/l 2«/ l 22/1 2VI 2/2 3/2 4/2 5/2 J/J IV2
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      Page 35 Advertisements Column 1
      1511 35 ff-T YEAR-END LOADER II KB iVOIv lISCX: 'NEPTUNE CRYSTAL 10E' ETA SGP 31/12/9211 H II ARRIVING LOS ANGELES 17/01/93 IN 17 DAYS H I TO'aa^MmA^u^aiLrYUMJ U FEEDER VSL VOY MOTHER VSL VOY I SET PLD MIW/ VESSEL VOY SCP LOS OAK VAN CHI DAL/HOU MPH ATL NYK jjj I c
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      Page 35 Advertisements Column 2
      1092 35 11|* SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I BOOKINGS: BAIT ORIENT LINE: *****64 FESCO: *****06 I BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 I KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 I PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 I MARINE INSURANCE SERVICE: *****87/ *****87 I (REGULAR INDEPENDENT SERVICE)
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      Page 36 Advertisements Column 1
      1610 36 K" AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD 1244B*****0W) W W v M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 ftj A MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD W*J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I rST INDONESIA: P.T. SARANA LAUTINTERNUSA, TEL: JKT *****76, *****77,*****08
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      Page 36 Advertisements Column 2
      1190 36 PHI LI-on If NT LINtS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 &JQ BY AIR, LAND OR SEA.... J&- WE TAKE ON THE WORLD FOR YOU QjS MEMBER OF SINQAPORE FREIGHT FORWARDERS ASSOCIATION —i AuntuuiMMfwmujumrtoUTMManc nuia soviet i 8
      1,190 words
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      Page 37 Advertisements Column 1
      1065 37 aaggfrfL PACIFIC INTERNATIONAL LINES (PTE) LTD H mttm 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIN 555 BiiNftiTPD.Ti. fly,, KOTA BINTANG KBT46N 8/12 11/1J 15/12 EQUATOR SiwK KOTA SURIA KSR4«N S/12 12/12 18/12 HAWK
      1,065 words
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      Page 37 Advertisements Column 2
      1382 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY P P GUDANG PENANG P KELANG OCEAN VSL/VQY SIN SOU (1) I RTM (2) HAM (3) GOT (4) g 4/12 4/12 5/12 BENARTY 2402 8/12 27/12 28/12 29/12 6/1 E 11/12 11/12 12/12 ALSJA 2492 15/12 T7i 3/1 4H 6/1 0 18/12 18/12
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      Page 37 Advertisements Column 3
      348 37 °BSA° TRANSPORTATION M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdf PATHEM VI2ON to Port MPA-AR VIS4W 12/15 0«c PAGAN VI9IW 10/13 Otc NIGERIAN NATIONAL SHIPPING LINE MP NIGERIA EXPRESS SERVICE RIVER MAJE RIVER NGADA V.50 V.50 SPORE In Pt 9 Jan
      348 words
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      Page 39 Advertisements Column 1
      51 39 I/TYISA FREIGHT SERVICES PTE LTD £3 4MT Established Since 1984 Jo™™ AUCKLAND SYDNEY VIPORT k EXPORT Tj* MELBOURNE FHEMAIM SCR w FOR BOOKING 9t SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTC LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: *****66 TOLL-FREE TEL: *****34 FAXj *****86 FAX;
      51 words
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      Page 40 Advertisements Column 1
      2438 40 Conventional Semi-Container Full Container Liner Services Liner Services ww*-. CaK,,/**** BMti.fA.Mfi.- GmctjJ Aitntx S%*» S* M Ck» CM» «Mf S* (W P.T. 6(|W ftrtn Mwflto IMtim Ykk Fling Shipping 'Tri Fn*M Btrtrng Grwto* Agmdu Costsr Shipping Rte Ltd su*m Fnigkt Mm Cmtn MM 58 Persiaran ffa/a Moda Musa Lot 3.34.
      2,438 words
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      Page 40 Advertisements Column 2
      307 40 SANUOBA MDQNESM (S) TO ITB 18 McCALLUM STREET 03-01/oa natwest centre tImMW OKU T«(«C R*****0 Tat ******1-3 Ftc 22S 4M, *****36 FOB book—os call DWgCT uwe TEL: 2222^1/*****43 MN/JAK SERVICE VESSEL VOY SIN JAK DASA SEPULUH 905 08/12 (TUE) 11/12 (FBI) DERAJAT 1011 06/12 (WED) 12/12 (SAT) KURNIA SAMUOERA 957
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      Page 41 Advertisements Column 1
      636 41 jjg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 9/12 ROTTERDAM 9/12 HAIFA/ ASHDOD/ALEXANDRIA 9/12 HAMBURG/BREMEN 9/12 MARSEILLE/FRANCE 9/12 FELIXSTOWE/UK 9/12 BARCELONA/SPAIN 9/12 LEHAVRE/ANTWERP 9/12 GENOA/ITALY 9/12 GOTHENBURG/SCANDINAVIA 9/12 LOS ANGELES/WC/PI 9/12 SYDNEY/MELBOURNE 8/12 NEW YORK/EC 9712 FREMANTLE/ADELAPE 9/12 VANCOUVER 9/12
      636 words
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      Page 41 Advertisements Column 2
      768 41 CZ3 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) L=J FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line#) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOACMNQ FOR SPORE ABBAY WOST 34W8 15/12 OARESSALAAM. MOMBASA. DJIBOUTI ASSAB MASSAWA NET SANE T 27W8
      768 words
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      Page 41 Advertisements Column 3
      778 41 (at"* -1 MI i NANA BHUM 170$ 09/12 12/12 MAHA BRUM# 139R W* 09/12 >»> 13/12 MTI BRUM OH 19/12 15/12 lAWJ BHUM MR frt 11/12 Hon 14/12 ,PU WII 5*5 12 12 lt 12 WARTA BHUM 115R Ut 12/12 W* 19/12 MM ildl 6 KO2MT3EV* 05R Mon 14/12 Tlw
      778 words
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      Page 42 Advertisements Column 1
      1383 42 PHMlmac-nels groupage I I K I PEN ANG (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 VJ N 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 15/12 Honf Konj Ldn/Flx/Rdm/Ant/LHV 10/12 11/12 12/12 9/12 10/12 18/12 Honj
      1,383 words
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      Page 42 Advertisements Column 2
      252 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML in sw MULBERA 30S 13/12 25/12 27/12 13/1 MJST STAR 84$ 25/12 1/1 S/l 25/1 PROSPECT 22S 6/1 11/1 20/1 «/2 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER. WELLINGTON,
      252 words
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      Page 42 Advertisements Column 3
      1165 42 THONG SOON UNES PTE. LTD. 77 ROBJNSON ROAD #15-00, #16-00 SW BWLONG SMGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I COMTA*TO BCRVICM iaaJ SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA iessel \m Kpok Idest vessei wi smi ~p. heuwc EQUATOR
      1,165 words
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      Page 43 Advertisements Column 1
      828 43 COMPANIA PERUANA de vapores V "PERUVIAN STATE UNE" ACCEPTMG BREAKKJLK/FCL/SOC CARGOES TO/FROM CALL AO, MATARAM, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOOE ON CPV THROUGH BIL OF LADMG. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAK BU.K/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA, MOJI, TOKYO*, MANILA*, DAVAO*. PtMnj*
      828 words
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      Page 43 Advertisements Column 2
      640 43 Ira zim F^il HAIERtCA/CARRBEAR SERVICES KHQ |WT IMI I «MUB |WT I LAI I AST IWIWt I HI I KSXI 1/12 INKI K 7/1 14/1 2VI 12/1 24/1 2MHNM 7* 11/12 2NSAMMN4 J* 14/1 2VI 21/1 tl/1 2/1 M STMT 17* 21/12 W KM* 24/1 4/2 4/2 14/2 12/2 I
      640 words
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      Page 43 Advertisements Column 3
      666 43 REGULAR UNER SERVICE FIXED DAY SCHEDULE ffi) NAJD LINER SERVICE POUT KLAHO/ JAKARTA/ MWOAFOWt/ PQWT KLAHO «0T Cl* fWi ETA KT ETA SW M/V LEOftf 92/1 1/12 5/12 t/12 M/V LEOM 92/2 9/12 13/12 11/12 M/V LEOM 92/3 17/12 21/12 24/12 M/V LEOM 92/4 25/12 29/12 1/1 M/V LEOM 93/1
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      Page 43 Advertisements Column 4
      434 43 IslHiii FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDtTERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
      434 words
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      Page 43 Advertisements Column 5
      470 43 SJN FUR EAST 15/12 KEELUNG/KAOHSIUNG 13/12 BANGKOK 11/12 MANILA/CEBU 13/12 iAKARTA/BELAWAN/SURABAYA 14/12 PORT KELANG/PENANG/E. MALAYSIA 14/12 BUSAN 13/12 TOKYO/YOKO/KOBE/NGO/OSA 14/12 HONG KONG Si CH!NA (*B#±V«n) 14/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 12/12 LDN/FLX/LVP/SOU 12/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSIO also accepting cargo to Austria/ Hungary Romania /Poland /Bulgaria
      470 words
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      Page 44 Advertisements Column 1
      649 44 HONG KONG/CHINA 14/12 JAKARTA 15/12 BAN6KOK 12/12 MANILA 13/12 BUSAN 14/12 KEELUN6 14/12 TOKYO/KOBE 13/12 KAOSHIUN6 12/12 PORT KELAN6/PENAN6 14/12 COLOMBO 15/12 FELIXSTOWE/HAMBUR6 12/12 CHITTA6ONG/MADRAS 17/12 ROTTERDAH/LE HARVE 12/12 I BOMBAY/KARACHI 14/12 ANTWERP 12/12 CALCUTTA 13/12 lax/nyc 13/12 syoney/melbourne 18/12 CMT LINER EXPRESS AGENCIES PTE LTD lfslH| r HOT-LINE *****88
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      Page 44 Advertisements Column 2
      447 44 Eonterm/ CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 16TH DECEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 13 DEC JAKARTA 13 DEC PENANG 10 DEC PORT KELANG 10 DEC MELBOURNE 08 DEC SYDNEY 08 DEC FREMANTLE 10 DEC BBISBANE 15 DEC HAMBURG 12 DEC FELIXSTOWE 12 DEC GOTHENBURG 12 DEC
      447 words
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      Page 44 Advertisements Column 3
      830 44 This Week's Sailings j To! ETD foi ETD o Singapore Singapore EVERY EVERY Bangkok WED SUN Hamburg SAT EVERY EVERY Wm Manila FRI MON Ho Chi Minh FRI VB&k1 l Colombo MON Los Angeles SUN rjr Singapore 778 6522 *****38 Gandhi ft MM Johore 07-*****8 07-*****3 Alfred Ng ffSSk VUfiLr
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      Page 45 Advertisements Column 1
      1179 45 "NEDLLOYD JAVA" VOY 3201 FIRST WEEKLY FIXED DAY SAILING TO AUSTRALIA ON Oth JANUARY 1903 NedlloydLnes raovEssa pkg pw ocean kessq sm leh ctiki) hmi(2) nv fix sou got B Serota —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 Rotterdam/ ****** 15/12 17/12 16/12
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      292 46 NORTH PHILIPPINES FULL CONTAINER SERV CE jfjjg VOYAGE SINGAPORE MAM.A VIGOUR fINGAPORE 42N8 11/12/92 18/12/92 VIGOUR SKGAPORE 42ANB 14/12/92 IS/12/92 VIGOUR LUZON 7W 18/12/92 25/12/92 VIGOUR LUZON 7ANB 21/12/92 25/12/92 PORT KLANG/PENANQ FULL CONTAINER SERVICE VESSEL VOYAGE SNGAPORE PORT KLAN6 PENANG AMTIS GRACE 9229N 9/12/92 U/H/9? FMW 9/12/9? 10/12/92 VKyMjR
      292 words
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      Page 46 Advertisements Column 2
      353 46 1. cosco UKC CONVENTIONAL mg VESSEL PKL PNG P.O. LOADING FOR A VESSEL 28/12 Rotterdam/Antwerp CHRiA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 19/12 20/12 Huangpu/Guangzfiou COSCO PULL COfTAMCW SERVICES (FCL/FCL) EXPORT TO: CIWIJI mMtmoKMammom EUROPE/CONTINENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Plmm refer
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      Page 46 Advertisements Column 3
      209 46 isj CONTAINER LINE \l I—Mil J AUCKLAND WEEKLY new u*" m t CONSOLIDATION AT i Inland Destinations: /NBV ZEALAND NEW PLYMOUTH •DUNEDIN f > if! HAMILTON •CHRISTCHURCHAYTTELTON J /WELLINGTON T AURANQA/WELLINGTON NAPIER S PChrirtchurch Tel: 538 0155 r' r> :U OWENS CONTAINER LINE (S) PTE LTD .'J 133 New Bridge
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      470 46 TODAY'S TIDES (hegfrt in metres) *j HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2*o 21* 22* 23* 18 1.5 1.3 12 1.2 14 18 2.3 26 28 2.8 2.5 2.1 16 12 09 07 0.7 09
      470 words
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      Page 47 Advertisements Column 1
      1090 47 IA HYUNDAI I I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSaS HW PKE+ P6D sw HTM aht» lot ham «£t fel H. COMMMOCR 301* 4/12 4/12 4/12 8/12 29/12 29/12 30/12 26/12 21/12 21/12 SI FREEDOM 302W 11/12 11/12 11/12 13/12 1/1 1/1 2/1 2/1 2/1 5/1 H. IWOVATOR
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      Page 47 Advertisements Column 2
      479 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST RO-RO t HEAVY LIFTS MBOUHO VESSELS lun nt v n we u can A AAA 10 ■FT 1/12 SOU UIBM 7S 1/12 11/12 SKI lAOVA »1 11/12 12/12 TAMK PMAK 19 12/12 14/12 man nu m 12/12 mmii/ 12 MAI AUAA 11 11/12 Ctsac 22
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      Page 47 Advertisements Column 3
      786 47 'y' 1 I EXPORTTO: JEDDAH/UK/CONTNENT IrrtME |0 noN kwns aha* i» »m» tmrnfMtmNr. I FKMMftMT UPAESS 45, 341 5/12 IVI2 21/12 24/12 21/12 hlk TiHim»lh :tod UK *nMm. Mm) mt O*A» U SEX 27/141 9/12 24/12 29/12 27/12 MtartM :M M Mn*. AmliiAwi. o*. NOM HOE OCT OPICSS M/ 349
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      Page 47 Advertisements Column 4
      134 47 BINTANG MAS SHIPPING PTE. LTD. 39 NO. ROM) SMGAPORE 0208 TIL: *****8* TLX: R*****5 SMMER FAX; *****64 accept* ransor CARGO STORE OQTMTUI lOCURT JADE 1221 07-01 DEC 0M» DEC Mora. L ■NTM6KLMT W2OE 00-OJ DEC 10-10 DEC BM*l Mi KM* BMTARCSEM *24t 11-12 DEC 12-12 DEC M*. IM, IBM IOCUtT
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      236 48 ni Y I mt R I k k. I rfb j B k 1 I k I [,^x<<^<^v sBHHn^FW^^^KiMWHnHHHHB jgHBMBHHHB »lf Kl I HOTm I You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your sidbscription now.
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      Page 48 Advertisements Column 2
      39 48 Yourson is studying overseas. And you want him dose to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report.
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      Page 48 Advertisements Column 3
      54 48 Someone close has beenlving in Canada for some years. You've given up writing those long letters. The Straits Times Weekly teds it bettet (He might comeback after reading aB the good news.) You travel often on business and want to catch up on your return. The week's main issues are
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      Page 48 Advertisements Column 4
      6 48 INVESTMENT Every Saturday in Business Times
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