The Business Times, 9 December 1992

Microfilm: NL18512
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Wednesday, December 9, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      EC's ready to extend powers over mergers
      71 1 BRUSSELS The European Commission could greatly extend its already sweeping powers to veto major company mergers in the European Community under plans put forward by competition policy commissioner Leon Brittan. He was to propose changing key parts of the EC merger control regulation
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    • Article
      Bundesbank set to stand firm on credit
      69 1 FRANKFURT Germany's Bundesbank, waging its indefatigable crusade against inflation, will ignore cries for easier credit at its final 1992 central council meeting tomorrow and leave interest rates unchanged, economists said. As west Germany's annual inflation rate again rises towards the 4 per cent
      69 words
    • Article
      Focus on achievers too
      42 1 PAY attention to your underachieves but don't neglect your achievers, Prime Minister Goh Chok Tong told the Malay community last night. "Unless the achievers continue to do better, the Malay community will not reach new peaks. Page 2
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    • Article
      Cdre Teo in by-election
      36 1 TEO CHEE HEAN, who quit as Chief of Navy on Monday, will join Prime Minister Goh Chok Tong to fight in the by-election in the Marine Parade ward next Saturday Page 2
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    • Article
      Economic breather
      29 1 MALAYSIA'S economy is headed for a much-needed breather in 1993 and 1994 after five years of rapid growth, predicts the Malaysian Institute of Economic Research Page 3
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    • Article
      Political uncertainty
      28 1 THE ABSENCE of a named successor to Indonesian President Suharto is creating uncertainty among foreign investors, admitted Sarwono Kusumaatmadja, the Minister for Administrative Reform. Page 10
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    • Article
      Floating dock launched
      33 1 PAN-UNITED Shipyard recently launched its second floating dock, enabling the me-dium-sized shipyard to accommodate larger vessels and obtain an expanding share of Singapore's ship repair market Shipping Times, Pg 1
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  • MARKET SUMMARY
    • Article
      Dow lower
      40 1 WALL STREET stocks opened lower yesterday on a technical correction after sharp gains in the previous two sessions. The Dow Jones index of leading industrial shares slipped 2.19 points in the first five minutes of trading to 3,305.14.
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    • Article
      Footsie lower
      28 1 LONDON share prices were lower at midday yesterday. At 1230 GMT, the FT-SE index of 100 leading shares was down by 2.7 points to 2,751.8 points.
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    • Article
      Cerebos profit up 28pc
      33 1 CEREBOS Pacific Ltd has reported an impressive 11 per cent rise in turnover and 28 per cent rise in net earnings for the year to Sep 30 Page 4
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    • Article
      HK broker delays IPO
      41 1 HONGKONG stockbroking firm South China Brokerage Company Ltd has postponed its initial public offer. The company, in which Singapore's Parkway Holdings Ltd has an indirect stake, cited "the current stock market condition" as the reason Page 4
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    • Article
      Help for insurers
      29 1 THE Singapore Insurance Brokers Association yesterday unveiled a four-pronged plan to beef up the financial strength of broking firms and raise their professional standards Page 9
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    • Article, Illustration
      STOCK INDICES
      27 1 Tuesday Chance BT-MGA 680.11 -2.95 Kuala Lumpur 635.93 +0.37 Tokyo 17,281.85 +74.73 Hongkong... 5,202.36 +10.61. Sydney .....1,468.9 24.2 New York 3,307.33 +18.65 London 2,754.5 -4.9
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    • Article
      CURRENCIES
      22 1 Exchange rates us$ ss 1.6380 100 Yen SS 1.3220 MS SS 0.6449 Money market rates Overnight 1/4% -3/8 3-month 2 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS335.25 US$0.65 Riifrfrtr S'pore Jan 147.25«/kg unch M'sia Jan 226.00*/kg +1.50 KL Tin T umover 43tonnes +13 Spot™ MS14.31 /kg +0.10 Crude palm oil Turnover 747 lots -273 Jan MS926 /tonne -9
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  • Article, Illustration
    Bangkok, Labuan in race to woo Japanese banks
    664 1  -  Competition to become offshore financial centre hots up By S N Vasuki SINGAPORE The fledgling financial centres of Bangkok and Labuan are involved in a race to attract Japanese banks to establish offshore operations. Mitsubishi Bank opened a branch in Labuan last
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  • Article
    Afta plan moving too slowly: Anwar
    394 1  -  Don't allow sectional interests to interfere, says KL minister By Yang Razali Kassim SINGAPORE Malaysian Finance Minister Anwar Ibrahim yesterday described Asean's Free Trade Area plan as being "unrealistically slow". Asean was not coping fast enough "with the changing global scenario, and Asean leaders
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  • Article, Illustration
    Creative wins trademark battle against former German partner
    322 1  -  By Joseph Rajendran SINGAPORE Creative Technology has won its second legal battle this year this time against its former German partner. The German High Court has ruled that Creative's former distributor, CPS Computer Distribution GmbH, cannot use the company's Sound Blaster and
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  • Article
    Lock icon Tokyo banks cut prime to 3½-year-low
    242 1 Reuter TOKYO Major Japanese banks announced yesterday that they would cut their key short-term lending rates to their best customers to the lowest level since June 1989. The cuts by 0.25 percentage point to 4.5 per cent were a response to falls in domestic
    Reuter  -  242 words
  • Article
    Government quits petrochemicals with sale of PCS stake
    583 1  -  Sale to Shell a privatisation move By Loh Hui Yin SINGAPORE The Singapore Government has bowed out of the petrochemical industry with the sale of its remaining 20 per cent stake in the Petrochemical Corporation of Singapore (PCS) to Shell. Both sides
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      234 1 -urn Llfcj j Centrepoint #01-30, Tel: 737 4509 Arcraft Schedule 33 KLSf 25 Weather 33 Comnodrties 32 Law Pa* 16 World News 11 Company News 4.6.8 Money Changer Rates 33 Cryptic Crossword 33 Money Market 31 [Atonal 12 Regional News 10 Business Times address: Times Financal News 9 Regional Stock
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      55 1 AVAILABLE AT LEADING STORES O OPTICAL SHOPS TH- S'pore, M'sia urged to look into greater economic cohesion, Pg 3 Ex-detainee defends need for ISA in Malaysia, Pg 3 Hock Lock Siew: NICs reverse takeover bid for Wembley raises questions, Pg 4 IHublot Sensation\l F e i_i inc. on Your Wrist.
      55 words
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  • PAGE 2 NEWS
    • Article
      PM urges Mendaki not to neglect achievers
      458 2  -  By Shoeb Kagda SINGAPORE Pay attention not just to your underachieves but also to your achievers, Prime Minister Goh Chok Tong told the Malay community last night. "Unless the achievers continue to do better, the Malay community will not reach new peaks," said
      458 words
    • Article
      Policy of self-reliance, meritocracy correct: PM
      193 2 SINGAPORE The Government's policy of not protecting any community from the harsh realities of competition had made every community in Singapore strong, resilient, and confident, said Prime Minister Goh Chok Tong last night. Speaking at the 10th anniversary dinner of Mendaki, the Malay self-help
      193 words
    • Article
      New grants scheme to promote franchising
      345 2  -  By Teh Hooi Ling SINGAPORE The Government has introduced a grants scheme to give franchising in Singapore a push. Under it, a company which appoints a full-time professional manager to develop franchising will be eligible for a grant to cover part of the manager's
      345 words
    • Article, Illustration
      Ex-Navy chief to go on board PM Goh's team
      522 2  -  Marine Parade GRC By-Election By Chuang Peck Ming SINGAPORE Former Chief of Navy Teo Chee Hean, who quit the service on Monday, will join Prime Minister Goh Chok Tong's team in the Marine Parade by-election on Dec 19. Commodore Teo replaces
      522 words
    • Article
      Lock icon Vietnam assembly to relax foreign investment law
      177 2 Reuter HANOI Vietnam's National Assembly is expected to liberalise the foreign investment law to allow longer leases by foreign companies and to permit individuals to do business with overseas firms. Deputies who will open a two-week session today will also amend the Vietnamese
      Reuter  -  177 words
    • Article
      Philips S'pore HQ to oversee regional expansion
      247 2  -  By Claire Leow SINGAPORE Philips Singapore's operational headquarters here will oversee the multinational's growth in the emerging markets of Vietnam, China and India, according to its managing director Victor Loh. Philips Singapore already overseas the multinational*? manufacturing operations in Batam and Malaysia, and
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    • Article
      Police seize fabrics worth $120,000
      205 2 SINGAPORE More than 300 bales of fabric worth $120,000 were seized yesterday by police and representatives of a New York-based design firm. The biggest seizure took place at Lance Court Furnishings Pte Ltd, which has two outlets at the International Merchandising Mart in Jurong. Its
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    • Article
      Lock icon M'sian economy expected to cool off next year
      433 3 Real GDP likely to grow 7.5 pc in 1993 Reuter KUALA LUMPUR Malaysia's economy, set back by sluggish investment, is heading for a much-needed breather in 1993 and 1994 after five years of rapid growth, the Malaysian Institute of Economic Research (Mier)
      Reuter  -  433 words
    • Article
      Pontiac Land to build medical centre in Orchard area
      226 3 SINGAPORE More companies are venturing into the health care business as medical costs soar. The latest is Pontiac Land, which plans to build an 18-storey medical centre in the posh Orchard Boulevard district. Pontiac's move comes after an announcement by Parkway
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    • Article, Illustration
      Two more condos coming up in Simei area
      325 3  -  By Colin Tan SINGAPORE Two more condominium estates planned for the Upper Changi Road-Simei area could more than double the number of new units coming up in that area. Granted provisional approval by the Urban Redevelopment Authority, the two projects would add
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    • Article
      Call for S'pore and M'sia to look into greater economic cohesion
      342 3  -  The Anwar lecture Reports by Yang Razali Kassim SINGAPORE The time has come for Singapore and Malaysia to consider greater economic cohesion, Malaysian Finance Minister Anwar Ibrahim said here yesterday. Dismissing the occasional irritations and "pettiness" in ties, he
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    • Article
      Ex-detainee defends need for ISA in Malaysia
      246 3 SINGAPORE A man who was detained in the 1970s under the Internal Security Act for protesting against poverty said here yesterday that the ISA would be needed in Malaysia for some time. Malaysian Finance Minister Anwar Ibrahim, during a talk attended by several
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    • Article
      Sentosa will admit up to 300 vehicles a day
      195 3  -  By Kooi Cho Teng SINGAPORE Sentosa.. Development Corporation will issue permits granting a.-> maximum of 300 vehicles a day access to the island from next week. It will give out another 100 permits when the car park at the golf club
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      87 2 Cjulf Air flies non-stop from Singapore to Whether you choose to fly first, Sydney every Tuesday, Thursday and business or economy, you 11 travel in Saturday, and onward to Melbourne. All comfort and style, enjoying our traditional flights depart at 10:00 a.m., arriving in hospitality. Sydney at 8:35 p.m., and
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      Page 2 Advertisements Column 2
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      Page 3 Advertisements Column 1
      97 3 The Leading Corporations... Sony lirttrnatiooal (S'port) Ltd Thi SUamtrc Group •fopptfs tanking I. Flnonciol WvktJ DMsio. .(^PrdJiSdM^PtaM Arthur Andmn loxtor Htohhcort For East Pto Ltd P ft 0 Group of Computes ITC Global Hokkngs Pt« Ltd and their Image of Corporate Efficiency. Easy access via ECP and AYE Column-free office
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      Page 3 Advertisements Column 2
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      41 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Wing Tai raises stake in Brave Dragon
        86 4 SINGAPORE Wing Tai Holdings Ltd will raise its stake in Brave Dragon Ltd from 51 to 89.5 per cent. To do so, it will buy another 19,237 Brave Dragon shares from Wesmore Ltd for HK$ 150,047. At the same time, Brave Dragon will
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      • Article
        Green light for cash call
        59 4 SINGAPORE Shareholders of Alliance Technology and Development Ltd have approved the company's $17.8 million cash call to finance, among other things, the expansion of its eye-care business and a hotel project in Penang. They also approved its move to take a 60 per cent stake
        59 words
      • Article
        Ex-minister on board
        49 4 KUALA LUMPUR Asia Pacific Land Bhd has announced the appointment of Chong Hon Nyan as a director of the company with effect from Dec 1. Mr Chong formerly held the post of deputy finance minister, minister for health and minister for transport in the Malaysian government.
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      • Article
        Hong Leong's joint secretary
        48 4 KUALA LUMPUR The Hong Leong group has announced that Ong Kuee Hwa has been appointed joint secretary of the company. Mr Ong will also serve as joint secretary on the boards of two Hong Leong affiliated companies Bedford Bhd and Hume Industries (Malaysia) Bhd.
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      • Article
        Berjaya Leisure selling land
        50 4 KUALA LUMPUR Beijaya Leisure Bhd is to sell two pieces of freehold land in Jalan Ampang to Gleneagles Hospital (Kuala Lumpur) Sdn Bhd for a total of M 522.52 million (about 5514.5 million) cash. It said the sale and purchase agreements were signed on Nov 24.
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      • Article
        MBf to borrow US$3m
        65 4 KUALA LUMPUR MBf Holdings Bhd has arranged a US$3 million (about 554.9 million) loan for its proposed acquisition of a 68.4 per cent interest in MBf Card Services Sdn Bhd. Based on the projection of MBf Card for 1993, the proposed acquisition would not affect the
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    • Article, Illustration
      Cerebos' 28pc rise in net earnings better than expected
      427 4  -  By S N Vasuki SINGAPORE Buoyed by the strong growth of its Asian operations, Singapore-listed Cerebos Pacific Ltd has reported an impressive 11 per cent rise in turnover and 28 per cent rise in net earnings for the year to Sep
      427 words
    • Article
      PSC expects overseas activities to grow
      515 4  -  By Teh Hooi Ling SINGAPORE Listed Provision Suppliers Corporation (PSC), which only expanded aggressively into Malaysia and China this year, expects its overseas activities to contribute significantly to the group's results in 1993. Chong Kar Kee, managing director of PSC, says he expects 15
      515 words
    • Article
      SIA Engineering opens $30m engine overhaul workshop
      320 4  -  By Juliette Walker SINGAPORE SIA Engineering officially opened its second engine overhaul workshop yesterday to tap an anticipated surge in maintenance work. The Singapore Airlines subsidiary expects to rack up about $600 million in revenue in its first financial year ending March 31,
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    • Article
      Market conditions delay HK broker's listing plans
      349 4  -  By Sylvia Wong SINGAPORE Hongkong stockbroking firm South China Brokerage Co Ltd has postponed its initial public offer, citing "the current stock market condition" as the reason. It said in a statement yesterday that its listing will still proceed but the timing was
      349 words
    • Article
      NIC's reverse takeover bid for Wembley raises questions
      670 4  -  THE HOCK LOCK SIEW COLUMN By William Chia SINGAPORE "What is going on at Wembley Industries Holdings Bhd?" This must be the question uppermost in the mind of baffled shareholders following Wembley's latest announcement that National Investment Co Ltd is planning a
      670 words
    • COMPANY BRIEFS
      • Article
        HK firms to build luxury housing in China
        98 6 HONGKONG Wardley Investment Services Ltd, a unit of HSBC Holdings pic, has joined forces with New World Development Ltd to invest about HK$2 billion (***** million) in luxury housing in China's Guangdong province. The Wardley China Fund and the China Fund, both
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      • Article
        Kanematsu's electrifying venture
        58 6 TOKYO Kanematsu Corp, a major Japanese construction company, will take part in large power plant projects to be undertaken by Hopewell Holdings in China and the Philippines. According to the Nihon Keizai newspaper, Kanematsu will buy a stake in local companies that will operate the power plants,
        58 words
      • Article, Illustration
        Sino-German brewery
        66 6 WUHAN, China A technician checking a bottle of Steinbrau beer in the 'shelf-life' laboratory at the Chengde Brewery yesterday. Spaten Brewery of Hamburg is part of a Sino-Ger-man joint venture using high-tech equipment to make beer in the world's last untapped beer market: China. Chinese leaders have called
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      • Article
        Not a concrete year
        74 6 TOKYO Japan's cement makers are expected to report falls in current profit for the year through March. The Nihon Keizai newspaper said Onoda Cement Co's current profit will be 7.5 billion yen (about Ss99 million), down 16.6 per cent from a year before. Nihon Cement Co
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      • Article
        Ssangyong's plans for Hanoi
        58 6 SEOUL Ssangyong Motors Co plans to export parts for 2,500 jeeps to Vietnam next year and has set its sales target at 580 billion won (about SSI.2 billion), up 52.6 per cent from this year. Ssangyong aims to sell 40,000 cars at home and abroad next
        58 words
      • Article
        Honda signs third Chinese pact
        61 6 TOKYO Rushing to firm its foothold in China's growing consumer market, Honda Motor Co signed its third joint-ven-ture agreement with a Chinese partner, this time to build and market motorcycles in Tianjin. Honda's tie-up with China's Tianjin-Zundapp Motorcycle Co comes just four days after it
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    • Article
      Lock icon No plans to work with Nintendo: Sony
      241 6 Bloomberg TOKYO Sony Corp, the global electronics and entertainment conglomerate, will not develop a player for use with compact disc CD-ROM games marketed by Nintendo Corp. Sony's comment on Monday came after several reports in the Japanese press since October, saying first that
      Bloomberg  -  241 words
    • Article
      Lock icon UK-linked stocks hurt by Sino-British row
      503 6 Bloomberg HONGKONG Hongkong's two large British colonial groups, Jardine Matheson and Swire Pacific, are taking a beating in the territory's stock market decline amid speculation that China will punish firms with British ties, say brokers. Jardine and Swire are down as much as 25
      Bloomberg  -  503 words
    • Article
      Lock icon Johnson Electric's first-half profit up 15.5pc
      170 6 Bloomberg HONGKONG Johnson Electric Holdings, one of the world's largest makers of small electric motors, said net profit rose 15.5 per cent to HK5136.9 million (5528.9 million) in the first half ended Sep 30 from HKSIIB.S million in the year-earlier period. Earnings per share
      Bloomberg  -  170 words
    • Article
      Lock icon S Korean steel maker expanding to new markets
      416 6 Posco will start production in China, S-E Asia Reuter SEOUL Facing countervailing duties in the US and an expansion straitjacket at home, South Korea's Pohang Iron and Steel Co is spreading its tentacles into untried neighbouring territory. In the past few months,
      Reuter  -  416 words
    • Article
      Lock icon Research replaces superstition in Taiwan's stock market
      362 6 Bloomberg TAIPEI Burned by advice from relatives, stock reporters and temple prophets, Taiwan stock investors have begun to turn to a long-ignored source of information: equity research. Until recently, superstitious Taiwan investors starting out in the market often relied on religious pictures drawn
      Bloomberg  -  362 words
    • Article
      Lock icon Goodyear takes US$1b charge for new accounting rule
      463 8 Bloomberg AKRON, Ohio Goodyear Tire Rubber Co has become the latest major US industrial company to take a billion-dollar non-cash charge to adopt a new accounting standard on health care benefits for its retirees. The world's largest rubber products maker said yesterday
      Bloomberg  -  463 words
    • Article, Illustration
      Lock icon Campbell will go ahead with bid for Arnotts
      401 8 Reuter PHILADELPHIA Campbell Soup Co said on Monday it would press ahead with an unchanged bid of ASB.BO per share for Arnotts Ltd, the Australian bakery, following Australian government approval of the offer. "Our offer remains at A 58.80," Campbell spokesman Kevin
      Reuter  -  401 words
    • Article
      Lock icon UK company directors lead the way in pay restraint
      290 8 Knight Ridder LONDON One in three UK company directors received pay increases of 4 per cent or less in 1992, while 14 per cent received no rise at all and one per cent took a pay cut, according to an Institute
      Knight Ridder  -  290 words
    • Article
      Lock icon W R Grace chief executive retires after 47 years
      420 8 NYT NEW YORK J Peter Grace, one of American industry's bluntest and most colourful executives, will retire as chief executive of W R Grace Co at the end of the year, the company announced on Monday. Mr Grace, 79, who is
      NYT  -  420 words
    • COMPANY BRIEFS
      • Article
        MGM and bank sue former studio owner
        88 8 LOS ANGELES Metro Goldwyn Mayer and the bank that owns it have sued former MGM owner Kirk Kerkorian for US$l.25 billion (552.05 billion), accusing him of fraud in the sale of the historic movie studio to Giancario Parretti. But a lawyer for Mr
        88 words
      • Article
        Court lets LTV ruling stand
        74 8 WASHINGTON The US Supreme Court refused on Monday to disturb a federal appeals court ruling allowing LTV Corp to recover US$3l million (SSSI million) it is owed for an Alabama steel plant it sold in 1986. The purchaser of the plant had withheld payment to
        74 words
      • Article
        Forte sells catering unit
        89 8 LONDON Forte, the UK hotel and restaurant group, yesterday announced the sale of its Gardner Merchant contract catering subsidiary to a consortium led by venture capital company Cinven, but said it would retain a 24.8 per cent stake. It also said it was acquiring 52 motorway
        89 words
      • Article
        Contest for super-efficient fridge
        56 8 NEW YORK A coalition of utilities that is dangling a US$3O million (Ss49 million) carrot before refrigerator makers has selected Whirlpool and Frigidaire as finalists to build an ozone-friendly, super-efFicient model. The announcement was due to be made yesterday by the Super Efficient Refrigerator Program, which
        56 words
      • Article
        Elf Aquitaine aims to better profits
        61 8 PARIS French oil company Societe Nationale Elf Aquitaine SA will take firm action to ensure that its 1993 profits show an improvement from 1992's depressed levels, chairman Loic Le Floch-Prigent said. "I will ensure that, whatever the economic situation, profits next year will be
        61 words
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      161 4 I IN THE MARKET PAGES Selling pressure in KL 25 New listings a strain 27 Shell harbour Square SHOPPING CENTRE AUSTRALIA i Tfc<l—k > t t I For Sale By Private Treaty Major Regional Shopping Centre located in Interested parties should contact a leading growth area on the New South
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      182 5 0 COS ||y YOU ve ever w that you capital could leave the operations of your office involved Hmr phone system completely to someone reliable and just on your J business, here's good news. You can Singapore Telecom your reliable telecommunicaT\ tions sen/ice provider. Because now, Singapore Telecom 'bTt* required
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      Page 6 Advertisements Column 1
      410 6 '93 The Trade and Public are hereby informed that: SINGAPORE PROFESSIONAL CENTRE fSPC) at Youth Block, Room 12, People's Asso- 1993 to 1995. ciation, Kallang, Singapore 1439 is the The name "CAREER'XX" and "AHEAD'XX" umbrella organisation of many professional (where XX represents the year in which the associations in Singapore.
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      Page 6 Advertisements Column 2
      87 6 111 EF\ffl CITY SHOPPING CENTRI WESTERN AUSTRALIA This Centre is the retail hub of the North-West, with main tenants Woolworths, K-Mart and Coles on long leases. ■60 specialty shops cover fashion, A strong trading pattern can be fast foods, toys, hardware, shown with positive signs for financial services. growth in
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      Page 7 Advertisements Column 1
      76 7 I MORE PEOPLE I SHOP i THROUGH THE 11K I I Higfl SI^VI I Last year more people shopped through the Yellow Pages than ever before. In fact, nearly half of the people who saw an ad in the Yellow I VL I Pages made purchases. Make full use of
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      1093 8 MALAYSIA TAIWAN LIMITED S Incorporated in Singapore GROUP ACHIEVES RECORD RESULTS Very Strong Growth In Asia Continues. Directors Recommend An Increased Dividend Payout, Plus A Special Bonus Dividend Based On Record Profits. RESULTS FOR THE FINANCIAL YEAR ENDED 30TH SEPTEMBER 1992 The Directors are pleased to announce the audited results
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  • FINANCIAL NEWS
    • Article, Illustration
      S'pore broking insurers to beef up standards
      446 9  -  By Soh Tiang Keng .SINGAPORE The Singapore Insurance Brokers Association (Siba) yesterday unveiled a four-pronged plan to beef up the financial strength of broking firms and raise their professional standards. The plan already in the works for some months will increase the paid-up
      446 words
    • Article
      Lock icon Japanese firms set to launch US$76b borrowing spree
      340 9 Bloomberg LONDON The world's bond markets face a deluge of new issues next year from Japanese companies with some US$76 billion (Ssl24 billion) of maturing equitylinked debt needing to be refinanced in 1993. "I don't think we've ever seen Japanese companies plagued
      Bloomberg  -  340 words
    • Article
      Lock icon Seoul to revamp financial industry
      151 9 Reuter SEOUL South Korea's finance ministry said it has launched a task force charged with devising a reform plan for the South Korea's restrictive financial system. A finance ministry official said the Financial Industry Development Deliberation Committee, an advisory group to the ministry, had begun
      Reuter  -  151 words
    • Article
      Lock icon Barclays promises to split chairman, chief executive roles
      271 9 FT LONDON Andrew Buxton, chief executive of Barclays Bank, has promised that the bank would respond to shareholder pressure to split the roles of chairman and chief executive by devising a new senior management structure. The bank would alter its corporate governance
      FT  -  271 words
    • SMALL CHANGE
      • Article
        M'sian rates expected to be firm next year
        113 9 KUALA LUMPUR Malaysian interest rates may dip slightly in Jan-March due to higher liquidity, but rates should remain generally firm in 1993, a private research group said. The Malaysian central bank, Bank Negara, is likely to keep monetary policy tight in 1993,
        113 words
      • Article
        Clinton urged to ease rules
        61 9 WASHINGTON Banking industry leaders urged Presi-dent-elect Bill Clinton to ease the regulatory burden on banks and push for bankruptcy reform legislation. They also said he should back legislation that would exempt lenders from liability for environmental damage caused by borrowers. Mr Clinton could accomplish some
        61 words
      • Article
        Bank to appoint underwriters
        89 9 BANGKOK Thai Farmers Bank expects to appoint six Singapore-based banks by Dec 22 to underwrite US$lOO million (SSI63 million) worth of floating-rate notes, a bank treasury official said. Interest and other terms of the five-year notes, to be issued in Singapore, are still being worked out,
        89 words
      • Article
        Fees to be liberalised
        80 9 TOKYO Japan's Finance Ministry is expected to liberalise brokerage commissions on transactions exceeding 500 million yen (556.5 million), the Nihort Keizai newspaper said. Financial market participants have been speculating that the liberalisation would apply only to trades exceeding one billion yen, the paper said. The expected
        80 words
      • Article
        Former SFC chief joins Nomura
        62 9 HONGKONG The former chairman of Hongkong's Securities and Futures Commission (SFC), Robert Owen, has joined Nomura International (HK) Ltd as a senior adviser, the company said in a statement. Mr Owen, whose appointment is effective immediately, will advise on strategic business issues, develop client and
        62 words
    • Article
      Lock icon Shearson wants employees to report misdeeds
      411 9 200 brokers dismissed for questionable conduct Bloomberg NEW YORK Shearson Lehman Brothers Inc, in an attempt to reduce legal violations and customer abuse, is asking employees to report misdeeds to the firm's top executives and is dismissing brokers who mistreat clients. Shearson, America's seeon
      Bloomberg  -  411 words
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      Page 9 Advertisements Column 1
      36 9 YOUR DAILY GUIDE (ZtaAAtftect The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166. CJLTJ. 1737-*****
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      112 9 DEER PARK SHOPPING CENTRE MELBOURNE AUSTRALIA PRICE RANGE $A3O MILLION ■HHHI^HHBCSI^ j. maggnam, Arm markad »r» to b« J >—da«■ lndk»tiononly. A MAJOR SUB-REGIONAL WITH IMMEDIATE DEVELOPMENT POTENTIAL ON AN EXTENSIVE GREENFIELD SITE IMMEDIATE POTENTIAL TO DRAMATICALLY IMPROVE INCOME Strategic location in the Western growth corridor. Directly opposite the 486*
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      201 9 Hflß J m i mfli^^^^kmmm^ Im H I K //////^^MIUIHUmUUIIM^M^^ /litjfm 1 w illm ni H Absoli/ment v/. v/i ac/MrALV«K» 7 Mms SINTAT DELIVERS ON TIME 0R... THE CAR FREE FOR THE DAY. Sintat understands how important time is for businessmen. If we deliver late, we know it can be
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  • THE REGION
    • Article, Illustration
      Lock icon Lack of successor to Suharto deterring investors
      383 10 Reuter JAKARTA The absence of a clear successor to Indonesian President Suharto is 1 creating uncertainty among foreign investors, the minister for administrative reform said yesterday. "You cannot be clear-cut in a complex society, especially since Indonesia is in a growing stage," Minister
      Reuter  -  383 words
    • Article
      Lock icon Manila approves tax break to attract investment to Subic
      371 10 AP MANILA The Philippine government has approved a major tax incentive to attract more companies to the former US naval base at Subic Bay, the head of the base conversion agency said yesterday. Richard Gordon, head of the Subic Bay Metropolitan
      AP  -  371 words
    • Article
      Lock icon Bid for Thai transit job dead
      148 10 Knight Ridder BANGKOK The Thai government will not consider a bid by a group led by Canada's SNC Lavalin to renew its participation in a Bangkok mass transit project a government spokesman said on Monday. Aphisit Vejjajiva said Thai deputy prime ministers Supachai Panichpakdi
      Knight Ridder  -  148 words
    • Article
      Lock icon Australia's Conservatives change tack
      367 10 Reuter. CANBERRA Australia's conservative opposition, stung by waning popularity over a plan that includes a consumption tax, gave in to opinion polls yesterday and announced it would alter its economic programme. The leader of the conservative Liberal Party, John Hewson, who had maintained for a year
      Reuter.  -  367 words
    • Article
      Lock icon Aussie credibility on human rights damaged: report
      241 10 AFP CANBERRA The Australian government's response to the Dili massacre in East Timor damaged its credibility on human rights, a parliamentary committee reported yesterday. The committee report delivered to Parliament criticised Foreign Minister Gareth Evans for not being more vocal in condemning the
      AFP  -  241 words
    • NOTE BOOK
      • Article
        Coup plotters may be reinstated in military
        92 10 MANILA Eleven wanted military men who have mounted seven bloody coup attempts in the past may be reinstated once they surrender, Philippine armed forces chief General Lisandro Abadia said here yesterday. Gen Abadia said this would depend on the National Unification Commission (NUQ,
        92 words
      • Article
        Troops to leave disputed hill
        66 10 BANGKOK Thailand and Burma yesterday agreed to withdraw troops from a disputed border hill in 10 days to allow bilateral talks to settle the territorial conflict. Thai Foreign Minister Prasong Soonsiri said a meeting between' Thai and Burmese military officials in Rangoon agreed to demilitarise
        66 words
      • Article
        Laotian leader in M'sia
        62 10 PET AUNG JAYA Laotian Prime Minister Khamtay Siphadone arrived here yesterday for talks with Prime Minister Dr Mahathir Mohamed and senior Malaysian officials to! promote closer ties between the two countries. Mr Khamtay was accompanied by a 19-member delegation for the three- day visit during which
        62 words
      • Article
        Imelda heading for Hongkong
        79 10 MANILA Former Philippine first lady Imelda Marcos was heading for Hongkong yesterday to prepare for the transfer of her family's Swiss bank accounts to the government, her spokesman said. She will stay in Hongkong "for a few days" to meet an unnamed close friend of deposed
        79 words
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      6 10 W' jfßK^^^^^FlSw^Effitr I Jf IpEaM Jstp.JpjHMWy^^^H^^^^Hr^l^KSnnH
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      Page 10 Advertisements Column 2
      117 10 MBA EUROPE TV Uonmacr of Hull oHm a Momf, 12 mooch MKAEurope Tha unique MBA Hippliaiiiui immnuuml matiagimtnt modulo m finance. human mower and wartetmg umfc anatrw of European and national markm, EC pohcymaking and t ibt lag. external trade poky; company law: ataeaament of buameat opportumt m in Eastern
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  • THE WORLD
    • Article, Illustration
      Lock icon Biased probe bid to deny me victory: Dae Jung
      502 11 KOREAN Kilojm FT, AFP SEOUL Kim Dae Jung, the leading opposition candidate in South Korea's presidential elections, said yesterday that the government was conducting a biased investigation of alleged electoral malpractices in order to deny him victory. The government is investigating
      FT,; AFP  -  502 words
    • Article
      Lock icon Stop the pressure or we will shut down, says Hyundai
      314 11 Reuter SEOUL South Korea's Hyundai conglomerate, suspected of illegally funding the presidential campaign of group founder Chung Ju Yung, said yesterday it faced shutdown and analysts said the scandal was affecting group performance. Hyundai criticised a series of government investigations
      Reuter  -  314 words
    • Article
      Lock icon China warns Taiwanese against voting pro-independence
      338 11 Reuter BEIJING China warned Taiwanese voters yesterday not to support candidates advocating independence for the island in this month's parliamentary elections, saying it was a mistaken policy that would bring only trouble. The official People's Daily newspaper, in its second attack on Taiwan independence
      Reuter  -  338 words
    • WORLD WATCH
      • Article
        Israel hails Tokyo call on boycott
        82 11 JERUSALEM Israel has warmly welcomed Japan's call for an end to the Arab economic boycott of the Jewish state. Israeli officials described as very significant a statement late last week from the Japanese Foreign Ministry urging Arab countries to suspend the boycott following moves
        82 words
      • Article
        Press asks Takeshita to resign
        83 11 TOKYO Pressure on Noboru Takeshita to quit his seat in Parliament mounted yesterday as the scandal-tainted former prime minister came under fire from Japan's major newspapers. "There is no alternative except resignation," the Mainichi Shimbun said in an editorial. "Most people and opposition parties are
        83 words
      • Article
        Israeli army seals off Gaza Strip
        37 11 JERUSALEM The Israeli army was sealing off the occupied Gaza Strip at dawn yesterday, after warning of further punitive measures in retaliation for the killings there of three soldiers on Monday.
        37 words
      • Article
        Korea outpaced in Japan trade
        59 11 SEOUL Once Japan's biggest trade partner in Asia, South Korea will sink to third behind Taiwan and China this month, the Korea Trade Promotion Corp (Kotra) said yesterday. Taiwan takes first place among Asian countries and China is poised to overtake Korea by the end
        59 words
      • Article
        Out to block whaling
        56 11 SYDNEY A Greenpeace vessel was yesterday on its way to the Antarctic on a three-month expedition aimed at disrupting Japanese whaling operations. A Greenpeace spokesman said four Japanese whaling ships, including a factory ship, were on their way to the Antarctic and planned to kill 33k)
        56 words
    • Article, Illustration
      Lock icon Mandela wants ANC to get some control of security forces
      563 11 AFP JOHANNESBURG African National Congress leader Nelson Mandela believes that to start halting South Africa's political violence, the ANC should get a share of control over the security forces in the first half of next year. In an informal conversation
      AFP  -  563 words
    • Article
      Lock icon EC to go ahead with EEA without Switzerland
      409 11 IHT BRUSSELS The European Community, acknowledging that Swiss refusal to join an enlarged single market was a setback for European unity, nonetheless plans to go ahead with the creation of the world's largest trading bloc without Switzerland, officials said on Monday. The
      IHT  -  409 words
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      3 11 FoJfus, Pg 21
      3 words
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      53 11 CERRUTIIBBI SWISS WATCHES H IBMMiWBjB Time is on my side. Sole Agent Singapore DYNASTY WATCH PTE LTD, 20 Bideford Road. #07-00, Wellington Building. Singapore 0922. Tel: 755 2765 Fax: 255 5697 Malaysia DYNASTY WATCH SDN BHD, Lot Tl/4-5, l»t Floor, Wi«na SPS, 52 Jalan Imbt, *****£uala Lumpur. Tel: 05-244 2625
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      282 11 GIVE YOUR EKE IDE EXECUTIVE nffMnmir Qmmehed m r *«nyknes teatfngto «ne«nes |9 Removed thetookol Orrwwhed tired baggy 1 4 theonseiof turro*ed iflELj/ stress Itnes Removed open pores mSI, and blackheads JI^H; H V Qmnohed Removed k mal,on 01 the Ooubtechrf look That look of style and confidence nationally trained
      282 words
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      Page 11 Advertisements Column 4
      9 11 As things take on a new hoe, Pg 13
      9 words
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  • Article
    India must be firm
    471 12 EDITORIAL IT IS tragic that authorities in India allowed hundreds of thousands of Hindus to congregate last Sunday for ceremonies to start building a temple honouring the Hindu god Rama at the site of Babri Masjid in Ayodhya. The madness that followed, leading to the destruction
    471 words
  • WHAT THE OTHERS SAY
    • Article
      Don't lose momentum
      236 12 AS THE Prime Minister suggested in an interview with Asiaweek, the better regional economic environment is double-edged it is both a buffer and a threat as Indonesia, Malaysia, Thailand irnd China would siphon off the lower end of industries, leaving Singapore with no choice but to climb
      236 words
    • Article
      Don't make things worse
      90 12 THE UNITED NATIONS decision to send a multinational force to provide secure environment for the distribution of relief supplies in Somalia is a long awaited one. It may be the only way to ensure that the food supplies reach hundreds of thousands of Somalis who are
      90 words
    • Article
      Security comes first
      98 12 IN ANY SOCIETY with any form of political system, there must be law and order. It is essential and fundamental to the survival of the society and its economy. It is also a responsibility that the government must bear. About two months ago, a Japanese business delegation
      98 words
  • REGIONAL VIEWPOINTS
    • Article
      An unnecessary death
      164 12 AMIDST all the political turmoil of the past week, the death of former policewoman Lee Mei-sze almost went unnoticed. It would be sad if no lessons were to be learned from the courage and example shown by 22-year-old Mei-sze who died while awaiting a heart and lung
      164 words
    • Article
      Guard against paraquat
      117 12 THAT PARAQUAT, the cheap and highly toxic herbicide, should find its way into a home for the n mentally ill is no surprise. The authorities of Hospio tal Bahagia will explain that the herbicide is legiti- mately used for the hospital's occupational therapy project, which includes livestock
      117 words
    • Article
      Take responsibility
      96 12 IT IS A PITY that former prime minister Noboru Takeshita, asked if organised crime helped in his coming to power, could not reply cogently. Even if he himself did not take part in shady deals, it is all too evident that some of his supporters were directly involved.
      96 words
  • Article
    Lock icon US war veteran fights solo for rubber prices
    696 12  -  Abdul Jalil Hamid asks Aldo Hofmeister what it's like being the buffer stock manager of the International Natural Rubber Oiganisation Abdul Jalil Hamid Reuter ALDO Hofmeister has spent the past seven years trying to keep 26 governments happy about the price of
    Reuter  -  696 words
  • Page 12 Advertisements
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      219 12 ISEAS TRIBUTE TO PROFESSOR K.S. SANDHU DIRECTOR OF ISEAS The demise of Professor K.S. Sandhu, Director of the Institute of Southeast Asian Studies, has been a sudden and great loss. As a tribute to the man and his immense contribution to the promotion of scholarly research on Southeast Asia, the
      219 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      62 12 POONESBURY GARRY TRUDEAU vssssm I Ik.. ssssU I sssssssAK 111 I assa, a? INTf€Om& t &X"!H£CALI! CALL* APTITUPe TPST. THEY CALL tSnUSaSrB- SSI CAUCUS Tf&£ O I# CALL IT OUR f~| 7HB FIRST PUAS£,6OP, /KBJLtt&xme cat scan, Be- secncN&rr nomcxz mc&pip quesmsfhm CAuserrH£LPs critical,eur zockbanp kcharp &rm ucooi™*sßiuSzEi? usuweßsmp t
      62 words
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  • ANALYSIS
    • Article, Illustration
      As things take on a new hue
      1138 13  -  While Salil Tripathi traces the long journey the Afrikaners have travelled and wonders what the future holds for them, Bill Keller looks at how the mysterious Afrikaner Broederbond intends to confront changing times Salil Tripathi, Bill Keller WHAT happens to the Afrikaners now?
      1,138 words
    • Article
      Lock icon The brotherhood is swinging its doors open
      878 13 NYT SINCE its founding in 1918, the mysterious society known as the Afrikaner Broederbond has grown from a tiny cultural club into a secret fraternity of the ruling class. From a stern custodian of apartheid racial doctrine, it has mellowed into a pragmatic
      NYT  -  878 words
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      63 13 STNOW ffllfsA ISWHS Not for our staff the stuffy white shirt. No sir, indeed! It just wouldn't wear, not in Singapore's only beach resort hotel. So you'll find our cheery mob D M decked out in colourful tropical prints. Yet another reason to ring Sandy on *****01 to discover why
      63 words
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  • Page 14 Advertisements
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      519 14 I^^N^ungßeaftsAßud.|ni^J A <t Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yanjrzhou Dianxian. Mon Sat 11.30 am to 2.30pm Sun 10.30 am to 2.30pm KING'S Havetock Road, Singapore 0316. Tel: 733 0011 xvtiotcn HOTtH II Taiwan Porridge I Supper till 4 am Head for our All-you-can-eat Taiwan Porridge
      519 words
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      Page 14 Advertisements Column 2
      244 14 WHERE TO WINE, DINE... JOIN IE HISHEK W&m I and have a uu Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at $3 a glass and $12 a jug are about the
      244 words
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      Page 14 Advertisements Column 3
      318 14 I THEtterrmNT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our EaHy Dinner Special menu prepared by experienced Hong Kong chefs. Happy Hour Early Dinner Special Menu from 6.30pm to B.oopm on no-function day. Free parking in the evening. Showtime*: B.oopm to 8.30pm BJBB 9.30pm to
      318 words
  • Page 14 Miscellaneous
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      Page 14 Miscellaneous Column 1
      734 14 1 TELEVISION AND RADIO TVmilhr Flo WO ***** SStfA--«- »S»B2SW business on rapo L/C I ill LV I #dW" m Opening followed by la- Dog (Stereo. See Our M.W Warti Nap (M). BSC, U. 9 mHz h VMf Band N pan Basinets Today. ?H» If*T' (Q d > 7.05 am,
      734 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Dawn of Age of Melancholy
      962 15  -  Daniel Goleman looks at what has become a rising cost of modernity Daniel Goleman NYT IF THE 20th century ushered in the Age of Anxiety, its exit is witnessing the dawn of the Age of Melancholy. The first international study of major depression has revealed
      NYT  -  962 words
    • Article, Illustration
      Queen Mother may miss Anne's wedding
      554 15 DD jr m r-BMBBim'W D M BRITAIN'S Qneen Mother may not attend Saturday's second wedding of her granddaughter, Pikm Anne, national newspapers said on Tuesday. In a front-page splash, the Daily Mirror declared: "Queen Mum snubs Anne's wedding". The best-selling Sun also said the
      554 words
    • Article
      Lock icon China cracks down on antiques smuggling
      875 15  -  Chinese smugglers are filling their pockets with money from art-starved Western collectors, says Sheryl Wu Dunn Sheryl Wu Dunn NYT IT WAS not drugs the peasant was selling under the cover of darkness, but something just as restricted, and he was very careful as
      NYT  -  875 words
  • Page 15 Advertisements
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      281 15 AND ENTERTAIN i ■MnJHygTv •JPr t W JBk Ajfl|^BC7sjWPp^^^^--^i(i* TmTiEWniiWMßfc K^^BlRB9ißn^^<Hß'-& i I i Spicing It Upi Wednesdays are a spicy issue with mouth-watering concoctions like Rendang, Curry Ayam and Sambal Ikan Bakarto tempt your appetite. Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++
      281 words
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      Page 15 Advertisements Column 2
      253 15 'Tis the season when smart businessmen Iwill enjoy our special double bonus gift% nf EASY PA VI #1 rl EASY ASSET 1 L3S*? Duy a Get Free Special Buy L* Get Free Special Christmas Hamper worth 1 n assets 1 Christmas Hamper //A IVSS& SSr $100 °r a m y
      253 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon A slap for free market?
      1113 16  -  Robert Rice examines the implications of the US Supreme Court's surprise Kodak judgment Robert Rice FT THE RECENT US Supreme Court ruling against Eastman Kodak reinstating an antitrust lawsuit filed against the photographic equipment giant in 1987 by 18 service companies came as a rude
      FT  -  1,113 words
    • Article
      Cashing in on the Japanese connection
      388 16 AT THE THE Japanese economy may be slowing down, but the Japanese are still among the Republic's largest investors, a fact not lost on some law firms here. Several of them have been gearing up in recent years to cater for Japanese companies' needs.
      388 words
    • Article
      Fuming over smoking ban
      142 16  -  By Conrad Raj SOME LAWYERS arc fuming mad these days. Not because they have lost a case or an argument in court. But because they now can't smoke anywhere within the premises of the High Courts in the Supreme Court Building and City Hall, and the
      142 words
  • Page 16 Advertisements
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      135 16 i| R !n Baume Mercier I MAITRES H RLOGE S DEPU,SIB3 [t Ab! u 1 3i BEYOND gQ TV a prT Sfcigapore P» Lid, BouMque id >»ntw Centre: »01 -01 Mandarin Shopping Arcade, Hie Mandarin Singapore. 333 A PARTNER IN THE riAUbl orchard Road, Singaporeo923. Tel: *****31. Office: 583 Orchard
      135 words
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      Page 16 Advertisements Column 2
      169 16 Melville Plaza Shopping West Centre, Perth Centre, Perth Superb Modem QuaityOffioe Price: Aslo Million and Retail Building Yield of 11.7% Price: A 523.5 Million 80,611 sqf Lettable Area 139,199 sqf Lettable Area Income of A 51.17 Million Secure Government Tenants Coles Myer and Excellent Capital Gain 32 Specialty Shops Potential
      169 words
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      123 17 I u (I •a ft A B v 1 ■*t%. I > *»Mf /i" V i I*l S-*£-~i v 4 mi U 1 fv# I -^M mm v Mr tv i V <"» s- *rST V w» i *> I m. x j a» —l W 2 "'v*' Accessories you'CC
      123 words
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  • Page 18 Advertisements
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      1446 18 WE Welcome I -w- -w- -w- sai rri #g% s/JI.. i Hong Leong Firiiice Gift m -<•» w> A. world oflpppo Beauty de Germaine L. Darphin de Beaute Esthetique bAh| »V 2% for money M |i, Wi Hß]d|^^^^ M -w- r s that HaiSffSSorr Umscx *****1 WHEN you receive a
      1,446 words
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  • Page 19 Advertisements
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      1771 19 BT Special Advertising Feature We Welcome Firfaiice Gift Vouchers HH oflbpportunity Silhouettes Leather Trading Tavino Corp Pte Ltd JE Thong Hiap Concept Pte Ltd "W" TS that time of the year goods and 'Servicfe, covering recipient or bearer of the PGVs Flexibility Yes Shoes Handbags Cenlrc I again, when corporations
      1,771 words
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  • SPORTS
    • SIDE LINES
      • Article, Illustration
        Faldo receives two awards
        138 20 LONDON Nick Faldo picked up two awards after making an earlier than expected return to Britain on Monday after his shock disqualification from the Million Dollar Challenge in South Africa. Faldo collected the Ritz Club's "Golfer of the Year" award, and then the "Vardon Trophy" after
        138 words
      • Article
        Pilot dies in accident
        63 20 BUENOS AIRES The Italian pilot of a motorboat practising for the Offshore World Championship died on Monday when the boat flipped over at high speed. Alessandro Balestrieri, 48, suffered a fatal heart attack, the government news agency Telam reported. The accident happened ofT the coast of
        63 words
      • Article
        McColgan's running deal
        68 20 LONDON World 10,000-metre champion Liz McColgan has signed to run the next three London Marathons in a deal reportedly worth U*****,000. Race organisers said the Scottish runner, who won the New York Marathon in 1991 and this year's Tokyo event, is the first big name to sign
        68 words
      • Article
        No decision on golf yet
        54 20 LAUSANNE, Switzerland The International Olympic Committee's executive board has postponed until March a decision on admitting golf to the 1996 Games at Atlanta. "No official request has yet been received," a spokesman said. However, an Atlanta delegation will submit golfs case at an lOC Programme
        54 words
      • Article
        The fight that's not to be
        115 20 NEW YORK Both heavyweight champion Riddick Bowe and Lennox Lewis, his main challenger, talked on Monday night about wanting the fight that will not likely happen next. "If hell take USS3 million, I'm ready to go with him," said the 25-year-old Bowe, who became
        115 words
    • Article, Illustration
      Lock icon Grand Slam may be McEnroe's last big event
      450 20 AP MUNICH Nothing has been decided for certain, John McEnroe says, but this week's Grand Slam Cup could be the last big tournament for the man whose talent and temper have left such a huge impression on the game in the post
      AP  -  450 words
    • Article
      Lock icon IOC to review all drug-testing procedures
      390 20 AP LAUSANNE, Switzerland Olympic officials are moving to head off lawsuits of the type that won Butch Reynolds U5527.3 million in damages from world track's ruling body. The International Olympic Committee said Monday it would review and perfect all of its drug-testing procedures to
      AP  -  390 words
    • Article
      Lock icon US Davis Cup victory may spark battle for captaincy
      611 20 AFP FORT WORTH, Texas The Davis Cup Dream Team, put together by the United States to win back the trophy lost to France, had scarcely concluded their mission on Sunday when the doubts began about the 1993 campaign. There is no
      AFP  -  611 words
  • Page 20 Advertisements
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      223 20 CHEOCOUT FIRST ON-LINE ELI%TRpNiC WIN Just tune Into SPH Shine *410# on Teleview! Ifs true it's easy! Win yourself the first prize of t6e latest NEC P6 handphone! Plus a host of other prizes: 2nd Priie: A pair of Citizen Strada > fashion watches i -S (gent's ladies') 3rd Prize:
      223 words
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      Page 20 Advertisements Column 2
      112 20 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 O ISLE OF MAN a BAHAMAS O JERSEY CJ BELIZE C 3 LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS
      112 words
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      Page 20 Advertisements Column 3
      366 20 17-18 February 1993 Hit oHwt4 Wyiw V A COMPREHENSIVE PROGRAMME Of ISSUES: INDONESIA'S INVESTMENT POLICY IN THE RIAU ISLANDS OPK*TUNITfe|.«)R PRIVATE AND PUBLIC SECTOR PARTICIPATION I ff A HOW TO TARGET POTENTIAL DEVELOPMENT IN THE RIAU ISLANDS DEVELOPMENT OPPORTUNITIES IN BATAM RIAU: f fNAfIHCJAL VUBttfTY CONSIDERATIONS AND INVESTMENT STRATEGIES V
      366 words
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  • FOCUS
    • Article, Illustration
      Lock icon A vote for isolation
      613 21  -  The Swiss rejected closer integration with Europe when they voted on Sunday against joining the European Economic Area. Lan Rodger assesses the economic implications of the referendum while Peter Macluer looks at how it will affect the EC Peter Mackler FT WE HAVE just built an
      FT  -  613 words
    • Article
      Lock icon Swiss pour cold water on Brussels
      645 21 AFP THREE hundred and ninety years ago this week, a Geneva housewife made her way into folklore by splashing her hot vegetable soup over invading Savoyard soldiers to blunt their While the city geared to celebrate the exploits of Mother Royaume, Swiss voters gave
      AFP  -  645 words
  • Page 21 Advertisements
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      83 21 f 5" 1 4t, .-if 1 v y M&iK? if m ■—^———B^sS~S^^, J r ak^T -y~~ j The ROLEX At Home i Surroundings 4 Henri wonc 0* yH MjjF> i| tfcwl We are the watch boutique Singapore Li Rolex Thong to ensure every make a W a pleasure Rolex as
      83 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Share prices close mainly lower in subdued trading
      3888 22  -  By Moiz Tyebally IN A QUIET market, PCI, QAF, Mul-ti-Purpose and Kamunting took the limelight on continuing interest yesterday. Elsewhere in the market, share prices drifted lower, with the benchmark Straits Times Industrial Index sliding 6.1 points to 1,434.03. Total turnover slowed
      3,888 words
    • Article, Illustration
      HOTSTOCK
      71 22  -  By Anthony Pang FIRST CAPITAL'S share price has climbed steadily from $1.20 to its present $3.00 level. The past few weeks' surge, however, has been a little too steep. With short and long-term indicators moving towards overbought region, the stock may be ripe for a pull back to a
      71 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      29 22 Mondial. The source for the acquisition of internationally certified G.1.A., h diamonds, emeralds and other gemstones. Main Showroom: Mondial Promenade JK(kWWMIII>ta>t Smgapon 0923 Tti 734 2033/4 F*x. 737 WS
      29 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3037 24 Dunlop Est 585 +10 +1.7* Dunlop Est CULS 530 +10 +1.9% Gentings 50c 900 +5 +0.6% M Banking 675 +5 +0.7% Simc Darby 50c 306 +2 +0.7% Tractors 50c 183 2 +1.1% Cons Plant 50c 139 +1 +0.7% D&C Bank 50c 137 +1 +0.7% M
    3,037 words
  • Page 24 Advertisements
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      564 24 BUSINESS TIMES Toll *r— TW No; 737-0Q43 FWNO;734-aaM IMTHXMATTOOPTHI OOMT ANm ACT, CAP. M AMD nTBMATmor ATU4JNK FT* LTD ON TOUJKIABY UQOTDATIOK) Al m BnnMdtofy OmM Mootog tftoaMtoaof Altf-LMPMUd MrwNtoMiMi«4DMM 1993 M lOjOO ui M 51 Ahw Iflod WjOAtotoCi ill I. jNi| I li PW. pMMd:L SPICIAL RESOLUTION THAT M
      564 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices dip on selling pressure in thin trade
      5496 25 Bernama SHARE PRICES in Kuala Lumpur ended lower on some selling pressure due to a lack of support in lacklustre trading yesterday. The KLSE Composite Index edged up 0.37 of a point to 635.93 while the Industrial Index declined 7.71 points to
      Bernama  -  5,496 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      400 26 CifMy Date Y«ar Croup N«t N«t Mrnlngs 6ms ann to profit/toss Mr *hir« dMdtnd (•000) (CMto) Ww« Tat Dec 4 Jun 92 $14,431 ($9,726) 6.8(5.7) 16(16) AK6 Dec 1 Jun 92 M$334(M$11.495) 0.33(11.2) 5(12) Amal Steel Dec 1 Jun 92 MJ88.527($85,262) 16.5(19) 12(10) Goodwood Park No* 28 Sep
      400 words
    • Article
      PRELIMINARY RESULTS
      124 26 Comoany Bat# Ymt Group Nit Mrntngi 6ro*» am to prtflt/to*s p®r «fcar« dhrktond COM) (<*«ts) CAC Dec 1 Sep 92 $65.010($71.942) 8.7(14.8) 17(17) Times Pub Nov 20 Aug 92 J24.168(J35.903) 19.9(29.5) 10(10) Kemavan No* 16 May 92 M$23.461L($457l) 3(1.5) NST No* 16 Aug 92 MJ68.894( $55,298) 38(31) 20(10)
      124 words
    • Article
      INTERIM RESULTS
      319 26 f gummy Dttv HiH-yw Group Net Intoriii inn It profit/loss dividend K ('«••> <Sm Eng Dec 1 Sep 92 $7.368($3.694) Credit Dec 1 Stp 92 $2.04a (16,249) l(-) SB HMgs Nov 30 Sep 92 $1,825(11.108) 2 5TE(25)TE Retro HMgs Nov 27 Sep 92 $3,661 ($1,938) NRl Nov 27
      319 words
    • Article
      RESULTS FORECAST
      141 26 Nrt L* M Y«r Finest Mi M Hit Pratt EPS ami lm EPS Gran pratt b«i tap Co** PirM Mr «*C (cts) *r (TIN) (SS«) (cts) Mvn N» F Nov 18 Dec 92 1.8 1.5 4.925 4 5—7.5 1.2-2.0 Mi Padfc F Dec 13 Sep 92 55.4 40.6
      141 words
    • Article
      OTHER RESULTS DUE
      335 26 Mm Bmti L«t M Y«r Cm PcrM Date Tew EPS Cms Mtf miliar id tati* (cts) F* last IMT {sjhd Ran Interm Sep 10 Ok 92 5.3 5 0 4.436 CP Batttrta Interim Nov 11 Mar 93 41.3 118TE 13.952 KTF HMts Interim Nov 15 Mar 93
      335 words
    • Article
      CORPORATE DEVELOPMENTS
      597 26 Dec 7 Fraser Neave and Coca-Cola have joined fofces with Thai partners to invest US$lO million (5516.4 million) in a soft drink bottling facility in Cambodia. Consofidated Plantations Bhd, a member of the Sime Darby group, entered into a conditional agreement to sell to Sime UEP Properties 695.9
      597 words
    • Article
      DIVIDENDS ANNOUNCED
      801 26 Currant Ex Mis Data Tatal tar Total «ar MMMit Hifi rW# ntYihir Hm mmt bet maw ACS 51(b) tan 8 Jan 22 ian 29 5% 12% Amal Stcd 50c 121(b) Nov 19 Dec 3 ian 2 12% 12% Amtok En 20c 6%!E Oec 4 Dec 10 Ok 30
      801 words
    • Article
      APPROVED ISSUES
      375 26 Company Rights Issue Monet Tech Thre*tor fwe SI 00 per stare b-date Dec 10 Bks Close: Dec 22 Acceptance and Payment NYA Guttnc GTS One-torone fe JO 23 per share Ex-date: Nov 26 Books Close: Dec 8 Acceptance Payment NYA Jinm Ei* One-tor We <a $210 per share
      375 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      815 26 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before S After SPH 01/12/92 United Overseas Insurance S 50.000 453.500 850.000 0.00 800.000 0 00 U0B 30/11/92 IXX. S 100.000 662.500 34.465.001 6.00 34.365.001 6 00 UC 30/11/92 Street Names Temasek Holdings
      815 words
    • Article
      PROPOSED ISSUES
      500 26 Company Right* tssno Anal St Ml One-tor three fe MS2 20 per stare Issue of 211.62m 50* Cumulative Redeemable Preference shares ot 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscnption ftghts (TSR) lor an aggregate pnce of MSI per CRPS with one TSR, on the
      500 words
    • Article
      COMPANY MEETINGS
      193 26 United Engineers Bhd: EGM at Rampaisan Ballroom, The Merlin Subang, Jaian SS 12/1, Subang iaya, ***** Petaiing Jaya, Selangor, on Wednesday, December 9, at 10.00 am laya HMgs Ltd: 2nd AGM at Mmto Room, The Westm Plaza, 2 Stamford Road, Singapore 0617, on Friday. December 11, at 11.00
      193 words
    • Article
      SCRIPLESS CONVERSIONS
      74 26 Conversion Special Trig Scriptess Conversion iwJIiiK Period Trading Company starts (IDP) (ST) starts Alliance Tech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Girthrie GTS Jan 5 Jan 26 Jan 13 Jan 26 Jan 27 SIA Dec 4 Dec 31 Dec 18 Dec 31 Jan 4
      74 words
    • Article
      RECORD HIGHS & LOWS
      135 26 RECORD HIGHS LOWS BT Composite Index ®du$triili index 1316 68 71/2/92) 1992 1545 92 (27/1/92) Sff 1122 50 18 8/92 1992 1310 95 (18/S/32) 2? Si ***** <S2ffi 1565.58 (3/6/91) 2 If ***** 6/1/9 1,91 *****8 (16/1/91) JJIS: 1«0W* 1607.12 (27/3/90) 2 J? S?S 1990 *****0 iSnffek 1435 43 fl6/7/90
      135 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      328 26 In local cut la S$ la USS dy S yr dy yr dy yr Dec 7 Index chge chge chge chge chge dy World 390.0 0.3 -4.5 0.4 -6.3 0.4 -7.5 JEAFE 452.9 0.1 -9.8 0.5 -13.0 0.5 -14.1 Europe 425.1 0.3 3.4 1.2 -5.6
      328 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon New A listings a strain on Shanghai market
      417 27 CLSA NEW A share listings in Shanghai are once again putting pressure on the domestic market which lost 277.75 points to 5,010.46. The foreign share market's performance was in line with its Shenzhen counterpart. The 3.83-point slide took the Shanghai B Index
      CLSA  -  417 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Prices end marginally lower in very thin trading
      1075 27 SHARE prices mostly ended a little lower yesterday in very thin trading. The Official Index ended at 278.57, down 0.80 point. "The market is dead. There's nothing going on. Everybody has the same old orders and we can't find counterparts," said one
      1,075 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Investors put off by three-day trading week
      1946 27 Reuter STOCKS extended losses in the afternoon session as investors were reluctant to hold stocks in a three-day trading week, brokers said. The SET Index lost 12.43 points to close at 847.90 on very thin turnover of 2.19 billion baht, the smallest since
      Reuter; Source: Bridge Info  -  1,946 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      197 27 YOUR VERY OWN HASSLE-FREE 1 HJCTKOWC NEWS-CUPPING SBWICI! 1 ill 5/ai Ji k Myi HFii lIIIf news and other pertinent information on companies listed on the Stock Exchange And for inscription ftt nf onlg $259 per month, you and your company can of Singapore Clob International are important to you
      197 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close slightly firmer in thin trade
      2600 28 Reuter STOCKS ended firmer in thin, narrow trade yesterday. Light buying from dealers, investment trusts and public pension funds lifted prices, but brokers said trade lacked direction with investors sidelined ahead of Friday's futures settlement and Bank of Japan quarterly economic survey (tankan).
      Reuter  -  2,600 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares recover at close of Sino-UK talks
      2458 28 Reuter STOCKS yesterday fought back from a morning slide once it became clear that Chinese and British negotiators were willing at least to hear each others' views on the colony's future in a key bilateral meeting. "This is a good start," said one
      Reuter  -  2,458 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices soar on strength of US market
      2075 29 Reuter STOCKS soared across the board in line with a stronger US equities market and a traditional pre-Christmas rally. "The biggest single factor would have been the strength in the US market, which combined with a feeling of being oversold here and
      Reuter; Source: Bridge Info  -  2,075 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks firm on technical rebound
      • Article
        SEOUL
        828 29 SEOUL STOCKS ended higher on a technical rebound yesterday but trading was relatively weak with most investors staying on the sidelines, brokers said. The Composite Index closed 9.40 points up at 625.61 after falling for six consecutive days. A total of 22.42 million shares changed hands against 20.86 million
        828 words
      • Article
        TAIPEI
        494 29 STOCKS ended mixed yesterday as investors took profits from the rally of the past few days, brokers said. The Weighted Index opened slightly lower and moved narrowly before closing 5.24 points up at 3,761.01. Turnover was a fairly active NTS 10.26 billion against Monday's NTS 12.76 billion. In spite
        494 words
      • Article
        MANILA
        533 29 SHARE PRICES fell yesterday as the market hit resistance levels after staging a rally last week, brokers said. The Manila Composite Index ended 5.65 points lower at 1,278.59 against Monday's close of 1,284.24. Analysts believe oil issues may drive prices up again in the last few weeks of trading
        533 words
      • Article
        NEW ZEALAND
        321 29 SHARES ended higher but off their peak yesterday, with attention centring on Fletcher Challenge's spectacular recovery from historic lows. The NZSB-40 Capital Index ended 14.12 points higher at 1,526.87 after going as high as 1,536.22. Overall the market was mixed on moderate turnover worth NZ$26 million. FCL ended
        321 words
      • Article
        BOMBAY
        71 29 THE BOMBAY, Calcutta and Delhi exchanges were closed yesterday because of fears of communal violence in which at least 58 people were reported to hive died across the country since Sunday when Hindu militants destroyed! a mosque in the northern state of Utjar Pradesh. The Bombay Stock Exchange imposed
        71 words
      • Article
        Untitled
        50 29 One PravtMi Dec 8 NEW gMJMB I NZSE-40 Capita! I.526.S7 1.512.47 I4.ty fn>rmn Composite Index 1.271.59 I.2S4.24 -5M Turnover (mi pesos) 31 I.I 216.19 TMFQ Weighted Price Index 3.761.01 3.755.77 5.i» Turnover (NTS billion) 10.26 12.76 -lf> SEOUL Composite Stock Index 625.61 616.21 4) Turnover (billion won) unav unav -r-
        50 words
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  • WORLD STOCK MARKETS
    • Dow advances for second straight session
      • Article
        Untitled
        315 30 Dcc 7 Close Pmiw NEW YORK Dow Jones 3.307.33 3.283.68 18.65 SAP 500 435.31 432.06 +3.25 Turnover (million) 220.14 234.96 -14.82 LONDON FTSE 100 2,754.5 2.759.4 -4.9 FT-30 2.084.1 2.082.4 +1.7 Turnover (million) 426.5 676.1 -249.6 FRANKFURT DAX Index 1.525.32 1.522.57 +2.75 AMSTERDAM EOE Index 282.51 282.03 +0.48 PARIS CAC-40
        315 words
      • Article, Illustration
        NEW YORK
        1241 30 STOCKS advanced for the second straight session on Monday in heavy trading as the market extended Friday's rebound fuelled by signs of an improving economy and seasonal factors. The Dow Jones Industrial Average added 18.65 points to 3,307.33. The New York Stock Exchange Composite Index rose 1.59 to
        1,241 words
      • Article, Illustration
        LONDON
        661 30 SHARE PRICES slipped back on Monday, after doubts emerged on figures showing an increase in British consumer credit in October. Prices had initially risen when the figures were released showing that total consumer credit had gone up £76 million in October, having fallen by £60 million the month before.
        661 words
      • Article
        FRANKFURT
        249 30 THE STOCK MARKET gained a little ground on Monday, as the DAX Spot Trend Index closed at 1,525.32 points in low trading, up 0.21 per cent. The Commerzbank indicator gained a mere 0.30 point to finish at 1,703. Operators said that, as had been true in recent days, Monday's
        249 words
      • Article
        AMSTERDAM
        354 30 SHARES ended with mild gains on Monday, but lacked the conviction which had helped them breach the 282 chart resistance point on the EOE index last week. "The market took a breather after last week, but the firm undertone, based on hopes for near term interest rate cuts, is
        354 words
      • Article
        PARIS
        188 30 A NEWSPAPER report on Monday that France was ready to devalue gave the market a boost in spite of an official denial, traders said. But the CAC-40 Index was still unable to crack the 1,800 level, which it flirted with but failed to conquer last week. Earlier, the French
        188 words
      • Article
        MILAN
        279 30 LIGHT BUYING by domestic funds pushed Italian shares higher on Monday but a local holiday in Milan before yesterday's national holiday kept turnover minimal, dealers said. The MIB All-Share Index was up 1.6 per cent and the underlying trend rose 0.9 per cent. "It's mostly a technical correction because
        279 words
      • Article
        ZURICH
        332 30 FINANCIAL markets were bullish the day after the Swiss electorate said "no" to the Swiss membership of the European Economic Area (EEA). The share market closed higher, supported by a strong bond market and easier money market rates, which moved lower as the Swiss franc, gaining on European Monetary
        332 words
      • Article
        iSTOGKHOm 1
        207 30 SHARES on Monday closed higher after opening lower on concern over Switzerland's rejection of the EEA treaty in a vote on Sunday. The All-Share Index was up 0.55 per cent at 867.38, and the Top-16 Index rose 1.20 per cent. Turnover was 266 million kronor. Swedish government ministers
        207 words
      • Article
        JOHANNESBURG
        363 30 QUALITY industrial and mining shares closed stronger on Monday on good local demand, but trade was thin, dealers said. The Overall Index moved up nine points to 3,240, still well short of its all-time high of 3,749 in June this year. The Industrial Index moved up 27 points to
        363 words
      • Article
        TORONTO
        321 30 STOCKS ended higher on Monday, lifted by strength in US share prices and hopes of further interest rate declines after a round of prime rate cuts by major Canadian banks. Gold shares led losses while merchandising and consumer products stocks were among leaders. The TSE-300 Index rose 3.68 points
        321 words
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  • CURRENCY, MONEY & FUTURES MARKET
    • Article
      US dollar surrenders early gains on profit-taking in Tokyo
      1168 31 REPORTS THE US dollar shed most of its earlier gains on dealer profit-taking against the mark, yen and Swiss franc yesterday, Tokyo dealers said. The US currency firmed against European currencies in the morning, on short-covering and buying on dips, after
      1,168 words
    • Article
      INTERBANK FOREX RATES
      398 31 Cross rates USS S$ MS Dm Yen SFr AS NZS USS 1.6370 2.5370 1.5610 124.10 0.6281 1.3990 1.4430 1.9268 SS 0.6109 1.5498 0.9536 75.8094 0.3837 0.8546 0.8815 1.1770 MS 0.3942 0.65 0.6153 48.9160 0.2476 0.5514 0.5688 0.7595 Dm 0.6405 1.0487 1.6252 79.50 0.4024 0.8962 0.9244 1.2343 Yen
      398 words
    • Article
      MONEY MARKET
      582 31 Interbank rates SS Bid Offer Overnight 1/4 3/8 1-month 1 11/16 I 13/16 2-month 1 13/16 2 1/16 3-month 2 2 1/8 Overnight mode; 1/2 US$ Bid Offer 7 days 3 3 1/8 1 month 3 15/16 4 1/16 2 months 3 11/16 3 13/16 3 months 3
      582 words
    • Article
      Lock icon Irish punt gains respite but for how long?
      298 31 Bloomberg LONDON The Irish punt has gained a respite in its battle against devaluation from sterling's recent strength, but analysts are divided on whether the punt can hold out forever. When the UK pulled the pound out of the European exchange rate
      Bloomberg  -  298 words
    • Article
      FINANCIAL FUTURES
      1607 31 SIMEX EUHOPOILAH 9 Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.28 96.30 96J0 5000 5710 ***** J Mar 93 96.26 96.28 96.25 96.28 9000 ***** ***** 9 Jun 93 95.81 95.84 95.81 95.83 7400 9457 ***** Sep 93 95.37 95.40 95.35 95.38 5000 2473 6614
      1,607 words
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  • COMMODITIES
    • Article
      Gold prices may fall further: Aussie analysis group
      543 32  -  From Brian Gomez in SYDNEY AN AUTHORITATIVE minerals analysis group has forecast that "real gold prices have virtually no chance of rising above current levels before the end of this decade. Declaring that "the gold boom is over", the Sydneybased Australian Mineral
      543 words
    • Article
      Lock icon Japanese futures sold directly in US
      156 32 Bloomberg TOKYO Americans may soon be able to buy Tokyo Grain Exchange commodity options and futures contracts directly from a Japanese company, according to Wendy Gramm, chairwoman of the US Commodity Futures Trading Commission. Until now, the Japanese seller has had to be registered
      Bloomberg  -  156 words
    • Article
      Good buying demand supports KL tin market
      757 32 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market held 10 sen steadier at M$ 14.31 per kg, supported by good buying demand yesterday. Dealers said most buyers took fresh positions, taking advantage of the cheaper price offered here compared with
      757 words
  • Article
    PRICES
    1429 32 Rubber HAS Cowwodtty Excha—i (Mum d—tet lp») RSS I Contract (Scents/kjft) Close Volume Open Month High Low Sett (tonnes) Interest 148.00 147.75 147.25 300 *025 Feb 147.00 147.00 147.00 350 4,075 Mar 147.75 147.00 147.00 450 4,975 Apr/Jun 148.25 148.00 148.00 Jul/Sep 148.50 148.00 148.25 525 5.925 Oct/Dcc 149.00
    1,429 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      103 32 BUSINESS TIMES "oil It— Tel No 737 0043 -Fax No: 734 3688 WHATS IN im ■Tm™ Find out in Personal Investment and Finance. Every Saturday in Business Times GIVING YOU I THE WINNING EDGE t hhhh I Making sure the family firm lives on The good, the bad and the
      103 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1137 33 ETA Flight ETP CHy FHM ET* F»gW ETP NmOkM GA963 1100 GA974 0040 jg§0 IQIOI 1U5 SO227 2230 MH642 1220 MH641 1315 STTS 1440 SQ109 1405 MH610 1410 RJ182 144Q MH609 1450 SQ110 1445 •mill r KL837 1515 KLB38 0040 MH611 1605 QF31 1530 SQ323 1600
    1,137 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The greening of Europe's ski slopes
      700 33  -  LETTER FROM THE ALPS By Doug Sager OFF-PISTE skiers in the Alps are an endangered species. Europe's only surviving wilderness, the glaciers and peaks, are being fenced in. Skiers, who thrill to the open spaces and untracked terrain of the high mountains, are being
      700 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 33 As at 10am yastarday: Local dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.1290 1.1430 Canadian dollar 1.2730 1.2990 NZ dollar 0.8408 0.866S Sterling pound 2.5956 2.6332 US dollar 1.6330 1.6400 Local dollars to 100 units of foreign currency Austrian schilling 14.60
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      94 33 Duration Title Venue Organiser Trf Duration Tide Venue Organiser Tel Jan 20-23 British Education Barbican EMAP Intl 071-*****47 j an 26-30 BUREXPO *93 Geneva Orgcxpo 01/*****09 A Training Centre, Exhibitions Lid. 4th Western Technology London London Switzerland's OfTicc Trade Jan 19-24 International Cologne. Messe-und (49)221/ Pair Furniture
      94 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      46 33 Fly Fimiair's new MEWI-the worlds most technologically advanced aircraft 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. know the world from start to Finnish.
      46 words
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      Page 33 Advertisements Column 2
      24 33 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749-2577
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    • Advertisement
      Page 33 Advertisements Column 3
      55 33 THE NEW PAPER'S IMS Available from 3 p.m today! HH MB (The usual edition will be available from lunchtime) 9HH piomwiMPM 1 I On sale at all Times The Bookshops, 7-Eleven outlets, Mobil stations, and selected NTUC Falrprlce Supermarkets, and the usual newsstands. For enquiries on availability, please call the
      55 words
  • Page 33 Miscellaneous
    • Miscellaneous
      Page 33 Miscellaneous Column 1
      276 33 I L ACROSS IHfIF f I P I f f I Experimental examination scheme for a 8 Look away as every one asset is removed (5,4,4) II Piece of land Saladin failed to save (4) J 1 I 1 I J j 12 Calm seaman took a meal 13 One
      276 words
    • Miscellaneous
      Page 33 Miscellaneous Column 2
      169 33 Singapore Outlook: Showers over many areas in the afternoon and early evening. Report Maximum temperature 30.1 Assoc humidity 71% Minimum temperature 23.2 Assoc humidity 97% Hours of sunshine 3.55 Rainfall in mm 31.1 Rainfall this month 253.5 Rainy days this month. 8 World report Asia-Pacific Hi/Lo* Cond. Auckland 22/16 Cloudy
      169 words
    • Miscellaneous
      Page 33 Miscellaneous Column 3
      25 33 I r sbu opifcfcy on u«e.twis shrllh^no o 1 RtffcßNKTiVfe, BUT TO ftLL fcvJSitfCSS emMomS w ?«»&W*« lV" 9624 C ASSOCIATEO NEWSPAPERS I TO- IMI-IM2
      25 words
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  • Article
    Lock icon China snubs Patten's proposals in HK talks
    500 34 LegCo member to urge HK govt to drop reform plans Reuter, AFP, UPI HONGKONG A senior Beijing diplomat yesterday refused point blank to discuss Governor Chris Patten's proposals for democratic reform in Hongkong at negotiations with Britain on the colony's return to China.
    Reuter,; AFP,; UPI  -  500 words
  • Article
    Lock icon Worries linger over S&P's review of HK
    479 34 But downgrade of credit rating unlikely to have immediate impact Reuter w HONGKONG A US credit rating agency's decision to review Hongkong due to the Sino-British row over the colony's future is unlikely to have an immediate impact but worries linger, bankers and
    Reuter  -  479 words
  • Article
    Lock icon Police move into Ayodhya as Hindu militants leave city peacefully
    523 34 Reuter, AFP, AP AYODHYA, India Thousands of Hindu militants who plunged India into bloody communal strife on Sunday and enraged the Muslim world strolled peacefully out of Ayodhya yesterday, leaving an ancient mosque in ruins and the government struggling to
    Reuter,; AFP,; AP  -  523 words
  • Article
    Lock icon France says EC has agreed to freeze farm talks
    299 34 AFP PARIS Ministers from the European Community (EC) have decided that the Community should freeze Gatt negotiations on agriculture in Geneva, the French farm minister said yesterday in apparent contradiction of a statement from Britain. The European Commission "will not continue
    AFP  -  299 words
  • Article
    Lock icon Yeltsin proposes sharing power with Congress
    284 34 Reuter MOSCOW President Boris Yeltsin proposed a powersharing deal with Russia's top legislature yesterday under which Parliament would appoint four ministers while he would keep control of key economics ministries. He made his proposal in a brief address to the Congress of People's Deputies
    Reuter  -  284 words
  • Article, Illustration
    Maastricht — a grand design of the past?
    862 34  - Maastricht a grand design of the past? The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament A YEAR after the historic Maastricht Treaty, there is a deep mood of pessimism in the European Community. The much-heralded British presidency of the Community
    862 words
  • Article
    Lock icon EC in final effort to resolve Danish issue
    386 34 Disagreement also remains over future financing of Community FT, Reuter LONDON European Community foreign ministers are braced for a bruising clash today as they mount a final effort to resolve the Danish question which has the potential to wreck this week's summit
    FT,; Reuter  -  386 words
  • Article
    Lock icon Taiwan may let its firms invest in China if output not exported
    204 34 Reuter TAIPEI Taiwan will consider allowing local companies to make major capital-intensive investments in China if they sell output from the factories in China's domestic market, a senior government official said. "The government will prudently consider allowing companies
    Reuter  -  204 words
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  • Shipping Times
    • Article, Illustration
      Pan-United eyes bigger share of repair market
      554 35  -  By Juliette Walker SINGAPORE Pan-United Shipyard recently launched its second floating dock, enabling the medium-sized shipyard to accommodate larger vessels and obtain an expanding share of Singapore's ship repair market. The family-owned local yard said Pan-United Dock II ranks as the largest floating
      554 words
    • Article
      Lock icon Tanker deliveries set to keep rates down
      365 35 Knight-Ridder LONDON Freight rates will remain under pressure during 1993 as new tankers continue to be delivered, according to Drewry Shipping Consultants Ltd. This view was a key conclusion of a report, The Tanker Market: Five Year Forecast of Demand Supply and Profitability,
      Knight-Ridder  -  365 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1171 35 Page Col ABC Container!ine 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
      1,171 words
    • Article
      US Navy spending expected to rise
      318 35  -  S'pore to benefit from closure of US facility in Subic Bay By Ramesh Divyanathan SINGAPORE The US Navy has spent about $46.6 million in Singapore for ship repair and supplies contracts since October last year. This figure, released by the US Embassy, is expected
      318 words
    • Article
      Lock icon Winds stop slick from spreading
      458 35 The Aegean Sea oil spill AFP LA CORUNA, Spain The threat of a further spread of the giant oil slick from a wrecked Greek tanker receded on Monday, after strong winds pushed oil back towards previously hit shores, local government sources said. Enrique Lopez, a
      AFP  -  458 words
    • LOG BOOK
      • Article
        Holland America's ship hit by fire
        88 36 MIAMI Holland America Line-Westours Inc, a subsidiary of Carnival Cruise Lines Inc, said there was a fire aboard its ship MS Statendam while under construction at an Italian shipyard. Holland America said it did not expect the fire to have a material financial impact,
        88 words
      • Article
        Sofracom looking for ship
        68 36 LONDON Sofracom wants a ship to transfer a 14,000tonne bulk sugar cargo from the Hellinicos at Suez, brokers said. The Hellinicos caught fire off Aden on Nov 27 and is due to arrive at Suez under tow this week. The vessel had been en route from
        68 words
      • Article, Illustration
        Developer upset at Qantas sale
        73 36 SYDNEY A billboard erected by a Sydney developer on Qantas Drive at Sydney airport, at a cost of A$ 15,000 (S$ 17,000) a month shows his displeasure at the possible sale of a 25 per cent stake in Australia's international airline Qantas to British Airways.
        73 words
      • Article
        Storm shuts down Disneyland
        76 36 LOS ANGELES Heavy rain, tornados and snow descended on California on Monday, when floods caused a train wreck and closed highways and Disneyland. Two people were killed in weather-related traffic accidents near Los Angeles and a tornado caused heavy damage at a mobile park in San
        76 words
      • Article
        Urals crude quality hard to meet
        97 36 MOSCOW New trading laws and a general shortage of oil mean Russia is finding it hard to meet previous quality levels for Urals crude oil loaded out of the Latvian port of Ventspils, officials said on Monday. "After the break up of the country
        97 words
    • Article, Illustration
      Lock icon Northwest cancels jet orders
      1142 36  -  In one of the severest measures to survive in a slumping industry Northwest Airlines is cancelling a US$3.5-billion order from Airbus Industrie, reports Agis Salpukas Agis Salpukas NYT Northwest Airlines, trying to retrench and survive, said on Monday that it had cancelled a US$3.5 billion (555.6
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    • Article
      THE SHIPPING GUIDE
      11611 44 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,611 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        526 51 Vend Hoy* fcrft hprtn Vtari in *> BwHi AnM Dapartoe JWMf Port Maute 0301EB P01 alongside 1012/1200 AS 49/B S0294/92 J3 atongsrie 0912/1400 Pathum Navee 07Vffi P09A alongside 08.12/2300 AS. 15/B TWO 12 atongsrie 09.12/1400 Rote\/l ****** P01A alongside 08.12/1500 Om Sempuma 20/92 J1 alongside 09.12/2300 Sai
        526 words
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        MALAYSIAN PORTS
        130 51 Fmmm Pwt h the roads Hang Jun 4009. Penbunker, Kasturi. Nagoya-1. Palm Sea Hone, Rakhmat, Alam Tenang, Soon HOCK 11. krari Maru 3002. Victory Lucy. Saronikas, Iron Trust. Hang Jun 4009. Dm oi Doc I: Bunga Seroja, Sha He Kou, Ocean Elite. Dm on Doc Kyoet Maru No
        130 words
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        CONTAINER SCHEDULES
        1353 51 DELIVERY Of FCL IMPORT CONTAINERS IN PROGRESS a» fry w» Cwhfcwn awfablt 9» *«y Hi Cwtotwn w*M» An Adelaide ***** 07.12.92 1737 Wan Ha 203 S036 COO(ESI) 08.12.92 150( E*)e Cloud 128 07.1192 1800 Nor AtMunta 9240-3 COD(EST) 08.12.92 1501 I Beauty Over 19W 07.1192 1820 Piya Bhum
        1,353 words
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      DAILY FREIGHTS
      1022 52 REPORTED freight market fixtures were not noteworthy either in volume or in routes covered, but the Baltic Freight Index on Monday rose five points to 1,342 on generally firm sentiment after early pessimism was overcome, brokers said. Pacific panamaxes continued to receive time-charter hire rates of just below
      1,022 words
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      Lock icon WEEKLY FREIGHTS
      326 52 AFP THE increasing signs of a coming recovery in the US economy, combined with stronger grain trade demand, boosted the freight shipping market last week, trade sources said. The market indicator, the Baltic Freight Index (BFI), rose by 19 points from the figure the previous week to close
      AFP  -  326 words
    • Article, Illustration
      Lock icon Icahn reaches deal set to end his TWA ties
      464 54 NYT NEW YORK Carl C Icahn virtually wrote the final chapter in an era in aviation history and to his involvement with financially troubled Trans World Airlines on Monday by reaching an agreement with the government to support the airline's pension
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    • Article
      Lock icon Backer Spielvogel expected to win ad account
      297 54 NYT NEW YORK Trans World Airlines has chosen Backer Spielvogel Bates Inc to handle its European and American advertising, an account valued as high as US$6O million (5598.4 million), according to sources close to the deal. TWA and Backer Spielvogel executives declined comment.
      NYT  -  297 words
    • Article, Illustration
      Lock icon GM reviews programme for electric car
      280 54 NYT DETROIT The General Motors Corp said on Monday that it was reviewing its electric-car development programme to determine whether to push ahead with commercial production during the next few years. The GM statement, issued by a spokesman with little elaboration, suggested that the
      NYT  -  280 words
    • Article
      Lock icon US to study prospects of 6 Russian projects
      406 54 UPI MOSCOW The US Trade and Development Agency •signed agreements on Monday for feasibility studies of six infrastructure projects in Russia, including one on the prospects for an international airport in Siberia. The agreements, totalling US$2.2 million (553.6 million), are part of
      UPI  -  406 words
    • Article
      Lock icon Japan, US close to sealing US$2b Awacs deal
      318 54 Reuter TOKYO Japan and the United States may soon agree on a controversial US$2 billion (553.2 billion) sale of four advanced Boeing earlywarning aircraft for the Japanese air force, defence minister Sohei Miyashita said yesterday. "The price of the aircraft is coming
      Reuter  -  318 words
    • Article, Illustration
      BAe eyes Asia-Pacific market
      319 54  -  By Ramesh Divyanathan SINGAPORE British Aerospace (BAe) is aiming to forge a path into the AsiaPacific regional aircraft market with its newest airplane the Jetstream 41. The company, which is Britain's biggest exporter, believes the region's projected increase in airline capacity and the large number of
      319 words
    • Article
      Lock icon De Havilland gets engineer as new chief
      296 54 NYT TORONTO Bombardier Inc, the Canadian transportation conglomerate, on Monday named an engineer to head de Havilland Inc, the ailing Ontario-based maker of commuter jets it acquired from Boeing Co a year ago. Kenneth Laver, 41, replaces Jim Schwalm, an American who has
      NYT  -  296 words
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      17 35 W Ulfl lii HftlCfl rffffMiifl WJ pivif[ wsocuimi* i^/ For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      155 35 FUJI CONTAINER LASHING SYSTEM EQUIPMENT AND FITTINGS WE PLAN, DEVELOP, DESIGN TO r atp NEEDS. pJljoTwmoac T«P*C Pit LTD T0i****** fAJb *****4J Northwest cancels USs3.sb Airbus orders, Page 2 Icahn reaches deal set to end his TWA ties, Back Page We Offer More Service We're there when you need us...
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      88 36 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
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      2767 37 -ruippiiig luiuß) n cuucouaj uwvuiwvt w TEL' L 22?Bo'r| t FAX°224o2o9*** ww MW// "11 I Find out how I I BOOKINGS TEL: *****34 *****56/ *****40 ITIBIIII SL^^IS^ 2 -2S£« »*.«>. [w] sellers are n TEL°*****4 ******1 34W06 fcS™ I reaching out i Dedicated to Quality Service ipoh tel: *****3/4 fax:
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      1458 37 LCL CARGO EX PASIR GUDANG TO USA/EUROPE/INTRA-ASIA PLEASE CALL 07-*****8 VMM Voy ETA ETD FM* toy I DESTINATIONS 9902 Hill H iH BB iffll Hi iHII CFB 14/12 2356 MRS XX LP* PEN OAK LOB HOU MEM AU. MM CHS BAL PHL NYC MOW TOW I MAJESTIC MAERSK 9302 115/12|
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      1281 38 ILA SEINE 27/149 9/12 27/12 30/12 28/12 I j I HOECHST EXPRESS OA/349 12/12 22/12 28/12 30/12 2/1 4/1 6/1 I DANUBE 06/150 17/12 2/1 5/1 3/1 I I I LUOWtQSHAFEN EXPRESS 05/350 19/12 29/12 4/1 6/1 9/1 11/1 13/' I I MONTE ROSA 22/151 24/12 4/1 «/1 10/1 l
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      562 38 E3ZHBI FCL BreaKbulk Service to: —B AFGHANISTAN MAM Afghanistan Ltd. Soto Foreign Forwarder in Kabul lor al services C.1.5.-Voatochny, Vladivostok, Moscow, Tashkent, Ktow, Minsk, Riga, Baku North Korea Vietnam Mongolia a Hungary CSFR a Poland ocwans AGENCES(FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA F—dsr V—l ORIENTAL KNIGHT 13/12 VILLE DE TUCANA 18/12 VILLE
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      1095 38 EXPRESS LCL SERVICE DEPARTING EVERV SiMfpAV i WE ARE PLEASED TO ANNOUNCE NEXT SAILING: SL FREEDOM VOY: 302W ETA SINGAPORE 13/12/92 LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS TRANSIT UNITED KINGDOM FELIXSTOWE 23 DAYB GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM 19 DAYS BENELUX ANTWERP 20 DAYS FRANCE
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      1797 39 mm STRAITS SHIPPING PTE LTD .mama mad 19 Hm ChUng Road #11-01 K«p»d Towers 0209 Tsfc *****99 Fax: *****17 1 mmmmmmm accept? cargo we ws RAJAH BROOKE W3E Mora, lab 0«-«9 Ok 09 Dm 10 Ok ÜBS MDIUB VI IE U. Skan. Taw 0»-W Ok 10 Ok il Ok SINGAPORE
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      1892 39 SINGAPORE AGENT: DfifA PArfefoitlAftC P&O Containers (Singapore Agenciea) Pte Ltd I Qftl I, illlllflllicra 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0206 Tel 225 2233 Telex: RS ***** PNOCSP Fax; 225 5327/222 7517 CR Number: **********0Z vot -m ait alo aou ant not turn vcbbcl vov ant hot ham
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      561 40 gM|j| CR NBA **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOT STOK (MM/HMD KMG MOO MTMV MTNUM/3318 13-11/12 15/1 20/1 25/1 21/1 FAST TRANSIT TIME ACCEPTING BfIEAKBUUC/CONTAINERtSED CARGO Iwbtecl to Inducement. AJeo accepting cargo to Casablanca, Port Sold, Port Alexandria, Genoa, Trieete. ALSO ACCEPT#® CONKNTIONM. CAUfiO W T/S TO UK
      561 words
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      Page 40 Advertisements Column 2
      1347 40 HANJIN SHIPPING FTtt VSL I JM lIM HAUL SEA »C« FW «L SM IIME HAUL SAV IN NYC Hi. K NANS YANG 096E 14/12 H. BUSAN 12<E 9/1 18/1 HI.KWANGTAIK 09g 14/12 Kl« 040E 21/1 H/l N/1 HMUN —HI 082E 21/12 N. TONGHAf Q97E 14/1 15/1 HANM KUNSAN 082E 21/12
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      1164 40 d I rl"'T3"3^^B Iw ix w at nt ii m kt m no lm cm mi rtc uh mm mi w mc tw cm fil [OHKW VUII/121VU17/U IVU 21/U 2VU M/ 12 2VU 2V12 IVI2 1/121/122/1 2VI 2/2 V 2 4/2 V 2 «/2 IV2 21/2 2/) IMI *****8 M-474
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      1506 41 YEAR-END LOADER II fe II SCX: 'NEPTUNE CRYSTAL 10E' ETA SGP 31/12/92 II ARRIVING LOS ANGELES 17/01/93 IN 17 DAYS II U FEEDER VSL VOY SGP I MOTHER VBL VOY SET PLD MIN/ VESSEL VOY I SGP LOS OAK VAN CHI DAL/HOU MPH ATL NYK r nop IN PT In
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      Page 41 Advertisements Column 2
      1063 41 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQURIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—OBCHMfiWG WESTBOUC-LOAOWG TMHMPfH) WA KOTTBOMi
      1,063 words
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      1633 42 K" "V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD 1*«4******0«) mm tmm mm TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA: "K" LINE MARITIME (MALAYSIA) BDN BHD i H V M W\d TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 *WASAKI UW INOONES,A: "■•ARAHALAUT.NTERNUBA, TEL: 77. *****08 /siBCPORT
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      Page 42 Advertisements Column 2
      1104 42 PHILI ORKNT urns PTC LTD K 106 Robinson Road #07-00 GMG Building Singapore 0106 1 Tei: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 MB BY AIR, LAND OR SEA.... A WE TAKE ON THE WORLD FOR VOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 18 DEC SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 16 DEC
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      1021 43 PACIFIC INTERNATIONAL LINES (PTE) LTD am U rnKM 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 I CR NO: **********0E vessel voy sin jkt sin oin 12/12 13/12 10/12 EQUATOR HAWK 72N 10/12 13/12 13/12 BRIBAMUT (THAI FLAG) SRS47N 13/12 18/12 20/12 KOTA MO AH SOl 13/12 18/12
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      1420 43 p P GUOANG PENANG PKELANG OCEAN VSt/VOY SIN SOU 1) RTM (2) HAM (3) GOT (4) B 11/12 11/12 12/12 ALSIA 2492 15/12 VI 3/1 4/1 6/1 18/12 18/12 19/12 BENAVON 2502 22/12 8/1 10/1 11/1 13/1 0 25/12 25/12 26/12 JUTLANDIA 2512 29/12 15/1 17/1 18/1 20/1 E "17?
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      Page 43 Advertisements Column 3
      277 43 °BSA° TRANSPORTATION MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.Kit Pot PS* PATHEW VI29R fci Port MPA-AN VIM* In Part PAGAN VltlH to fort NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE l\ RIVER MAJE RIVER NGADA V.50 V.50 SPORE In Pt > Jon Lagos 23
      277 words
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      2495 46 Conventional Semi-Container Full Container Liner Services Liner Services twaysias Mom» > GeNraf Agents: Sartkf Aim* e—m»nl* t»Uv S* «a» SMw* S* OaW fl*a f. fimr Barttaa Ykk Fung Shipping CatUr Shipping PUltd skwwmki aitaj» R* m»# mw. Enterprise Co Ltd Cewtn S4a SM ft# LM (West Afre» orty) 2 Mistri
      2,495 words
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      286 46 SMMDBA MBH (S) TO IT» MoCALLUM STREET #03-01/02 NATWEST CENTRE J tlwgMinn Ml Tatnc R*****0 Tatmari-3 Fuc 225 4838, *****38 FOR ROOK-OS CALL DWECT ONE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DASA SEPULUH 90S M PT 12/12 (SAT) DERAJAT 1011 MPT 12/12 OAT) KURNA SAMUOERA 957 11/12 {FRO
      286 words
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      611 47 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PftEAllS 13/12 ROTTERDAM 13/12 HAIFA/ASHOOD/ALEXANDRIA 13/12 HAMBURG/BREMEN 13/12 MARSEILE/FRANCE 13/12 FELIXSTOWE/UK 13/12 BARCaONA/SPAIN 13/12 LEHAVRE/ANTWERP 13/12 GENOA/ITALY STB GOTHENBURG/SCANDINAVIA 13/12 LOS ANGELES/INC/IPI 13/12 SYDNEY/MELBOURNE 14/12 NEW YORK/EC 13/12 FREMANTLE/APELAPE 10/12 VANCOUVER 13/12
      611 words
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      1121 47 53 RICHFIELD MARINE AGENCKS (S) PTE LTD I'Jftl TEL: *****33 (12 LinM) L=| FAX: *****15/*****03 TELEX: R8 ***** RIBHIP (3 LinM) \W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOB SPOWE ABBAY WOHZ 34W8 15/12 OARESSALAAM. MOMBASA. OJBOUTI ASSA6. MASSAWA
      1,121 words
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      Page 47 Advertisements Column 3
      330 47 I tags! IKCR-Unc VBL voy mw m>wu« mttoiowi wan. wi m mm a ma speed am ii-ivu 21-22/12 21-11/12 TKB mror m it-n/12 22-24/12 iui/12 no mm am 21-22/12 n-a/12 m/ii IKB STM MM 23-24/12 29-34/12 M4I/II V«. VOY WIQAPW/CMjCUTTA/ ■NOAUMi KSL TOT M CiM. SB MB MM WK34 HPT
      330 words
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      1343 48 FMmac-nels groupage I I K-/VV* IPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 V 'P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 9/12 10/12 11/12 Honi Konf Idn/Fb/Rdm/Ant/LHV 10/12 11/12 12/12 13/12 14/12 15/12 Honf Kon| Gbure/C'hajen/S'holm/Osk) 13/12
      1,343 words
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      Page 48 Advertisements Column 2
      248 48 je* BLUE STAR LINE| SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SW MULBERA 30S 13/12 25/12 27/12 13/1 AUST STAR S4S 25/12 «/l 1/1 25/1 PROSPECT 22S 6/1 IS/1 20/1 6/2 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
      248 words
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      1125 48 f THONG SOON UNES PTE. LTD. JJf 77 ROBINSON ROM) #15-00, #16-00 SIA BULOMG SHGAPORE 010® TEL: *****80 FAX NO: *****11, *****22 SBp TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA wssa |m Istwe Ikst «ssa m srm |p. warn EQUATOR 111
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      830 49 COMPANIA PERUANA DE VAPORES X "PERUVIAN STATE UNE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALL AO, MAT ARAM, 10* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BEL OF LAOMG. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MOJf. TOKYO*. MANIA*, DAVAO*. Penang*
      830 words
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      635 49 rm ziw ECTI N.AMERICA/CARRBEAN SERVICES «SKL Iwr I 1 WHJO hw I LAI IPT SM UK Ml MNFA W 11/12 MtUWMMM HE 14/1 2VI 2S/1 U/l 2/1 m STNCT 12* 21/12 M MPM 2VI V 2 1/2 lt/2 12/2 l namm «/i mmm m vi 12/2 14/2 u/2 nn M«a
      635 words
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      648 49 REGULAR UNER SERVICE FIXED OAY SCHEDULE NAJD LINER SERVICE pom T KLANQ/ JAKARTA/ MWQAPOWtV POUT KLAWO VOY ETC PKG FT* KT ETA SM M/V LEONA 92/1 1/12 5/12 1/12 M/V LEONA 92/2 9/12 13/12 14/12 M/V LEO* 92/3 17/12 21/12 24/12 M/V LEONA 92/4 25/12 29/12 1/1 M/V LEONA 93/1
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      Page 49 Advertisements Column 4
      429 49 jHJimunH FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN U.SO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTM6 CONTAINERS TO TUDCOWN/ BANGALOWE/COCHM AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: kSEAN/AUSTR ALIA/FAR EAST/XEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIH TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE
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      Page 49 Advertisements Column 5
      465 49 rn fai east 15/12 KEELUNG/KAOHSIUNG 13/12 BANGKOK 18/12 MANILA/CEBU 13/12 JAKARTA/BELAWAN/SURABAYA 14/12 PORT KELANG/PENANG/E. MALAYSIA 14/12 BUSAN 13/12 TOKYO/YOKO/KOBE/NGO/OSA 14/12 HONG KONG Sj| CHINA (+Mft£**n) 14/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCI cargo SIN EUROPE/UK 12/12 LDN/FLX/LVP/SOU 12/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romaraa/Poland/Bulgaria/Czeci). SIN USA/CANADA 13/12
      465 words
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      522 50 oaummE&msim I HONG KONG/CHINA 14/12 JAKARTA 15/12 BANGKOK 12/12 MANILA 13/12 BUSAN 14/12 KEELUNG 14/12 TOKYO/KOBE 13/12 KAOSHIUNG 12/12 PORT KELANG/PENAN6 14/12 COLOMBO 15/12 FELIXSTOWE/HAMBURG 12/12 CHITTA6ONG/MADRAS 17/12 ROTTERDAN/LE HARVE 12/12 BOMBAY/KARACHI 14/12 ANTWERP 12/12 CALGUnA 13/12 lax/nyc 13/12 sydney/melbourne 18/12 CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE *****88 For
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      Page 50 Advertisements Column 2
      743 50 Eonterm! w CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 13TH DECEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 13 DEC JAKARTA 13 DEC PENANG 17 DEC PORT KEIAM6 17 DEC MELBOURNE 18 DEC SYDNEY 18 DEC FREMANTLE 20 DEC BRISBANE g DEC HAMBURG 12 DEC FELIXSTOWE 12 DEC 60THENBURG 12
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      Page 50 Advertisements Column 3
      491 50 CHINESE-POLISH WA JOINT STOCK SHIPPING CO 1 COMTAtR/MgAKBULK m EWJI HAPPY *05 9/12 CASABLANCA HUATUO *47 1/1 CASABLANCA B PWJS *26 14/12 HUANGPU POKOJ *29 10/1 DAUAN/WMNfi/SHANGHAI BALTIC FAR EAST SHYING PTE LTD 2 IfSTRI ROM) #10-00, HMC BULDMG, STORE 0207 TEL: 220<1<9 FAX: *****09 TU: B ***** BALFES OEL
      491 words
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      1124 51 "NEDLLOYD JAVA" VOY 3201 FIRST WEEKLY FIXED DAY SAILING TO AUSTRALIA ON 9th JANUARY 1993 FEEDER VESSQ. KG PW OCEAN KSSQ SM LEH RTM(I) HAM(2) BRV FU SOU COT gST"""""" 9^;2 gTJj y U 12/12 15/12 2S/12 7/1 30/12 31/12 l/l 1/1 2/1 3/1 4/1 t B*um -B. Swop 11/12
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      289 52 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE MNGAfORE MAMLA mm uzim— miTßwSi.r VIGOUR SWGAPORE 42ANB 14/12/92 lf/12/92 VIGOUR LUZOW 7fß !«/12/92 25/12/92 VIGOUR LUZOW 7MB 21/12/92 25/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSa VOYAGE SINGAPORE PORT KLANG PENANG ARKTIS GRACE ***** 3/***** il/12/32 FIAOS ***** 3/22/32 19/12/92 VIGOUR SWGAPORE
      289 words
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      Page 52 Advertisements Column 2
      333 52 JLcosco gtfIBMBMUBgg VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 2ft/12 Rotterdam/Antwerp CHtoiA CONVENTIONAL ffljjg VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou COSCO FULL CONTAXR OERVICtt (FCUFCL) EXPORT TO: CMMA/BAMQKOK/HONQKONG EUROfC/CONTMCNTAL wcrr MEMTEWtAMEAM AUSTRALIA US WIST COAST PERSIAN GULF/KARACHI Plmm rater above mentioned aarvtcaa to CNna
      333 words
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      Page 52 Advertisements Column 3
      177 52 CONTAINER UNE AUSTRALIA WEEKLY j CONSOLIDATION f BRISBANEV> SYDNEY •ADELAIDE 1 MELBOURNE FREMANTLE f BRISBANE REMANTIEf S 4 o-- j. T«fc 538 0155 OWENS CONTAINER UNE (8) PTE LTD 133 New Bridge Rood #09-06 Chinatown Point S'pore 0105 W VESSEL VOYAGE SINGAPORE PORTS OF CALL M INDONESIA J ETA ETD
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  • Page 52 Miscellaneous
    • Miscellaneous
      Page 52 Miscellaneous Column 1
      443 52 TODAY'S TIDES (height in metres) m HOW 0000 0100 0200 0300 0400 0500 0600 0700 0000 0900 1000 UM 1200 1300 1400 1500 1000 1700 1100 1900 2000 2100 2200 2300 JR 2.3 2.1 1.7 1.4 12 12 1.3 1.7 22 19 3.1 3.1 22 13 LI 12 08 0.6
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  • Page 53 Advertisements
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      Page 53 Advertisements Column 1
      997 53 JU *rr u, R Miivoj if vHuvouaj w I ▲HYUNDAI MERCHANT MARINE CO. LTD. If WESTBOUND TO EUROPE I *ssas m+ ri(E+ ro+ I mi* w m 1 I SI FREEDOM 302W 10/12 11/12 12/12 13/12 1/1 1/1 2/1 2/1 2/1 5/1 j H. INNOVATOR 301* 17/12 11/12 19/12 20/12
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      Page 53 Advertisements Column 2
      443 53 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO A HEAVY LFTS INBOUND VESSELS HSttl Wl 9 N IK II COT MAIl» M Kll AMISS 7$ BfT 11/U am MMVA Al 11/12 lt/ll TAJUMK MM* II 12/12 14/12 HOT nu M 12/12 WUI/12 •AM UAI N U/12 Ctsac fiiittw 22 21/12 24/12
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      Page 53 Advertisements Column 3
      793 53 EXPORT TO: JEDDAH/UK/CONTNENT ISTOE Id STOM KMC I TMM l£N *Mm Aaap<k| C*|» Nr LA SEME 27/141 1/12 21/12 21/12 27/12 I |l bIIMRMMIMMMIi HOECMST EVKSS M M 12/12 22/12 31/12 2/1 4/1 1/1 AMto4«i :M M «M—p. MMMM o*. HMMM DANUK 05/154 17/12 2/1 VI VI Mhaapln :M MX
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      Page 53 Advertisements Column 4
      124 53 BINTANG MAS SHIPPING PTE. LTD. 39 MEL ROM) SINGAPORE 0208 TEL: *****5S TLX: R*****5 SMMER FAX: *****64 •CCOTS wro> CMfiO STOK OESTWITW MOCURT MK V2S M PT-08 KC Man, Ijtane WTMEKLNT V2K *01 KC tt-11 KC MkMMI BKTMK SWA W4E 11-12 KC 13-14 OR MfclMMI MERCURY KM. *241 12-14 OK
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  • Page 54 Advertisements
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      Page 54 Advertisements Column 1
      7 54 PE INVESTMENT^ Every Saturday in Business Times
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      Page 54 Advertisements Column 2
      229 54 I PE S |N^STMIENT Every Saturday in Business Times I b. If you're involved in import or export operations, you T1 Jt know delays can seriously affect future trade ake a seven aay prospects and more importantly, your cash flow. Over the past two years we have successfully proven the
      229 words