The Business Times, 11 December 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Friday, December 11, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 93 1 WASHINGTON Prices at the wholesale level fell in November for the first time in 10 months, the US government said yesterday, as vegetable prices took their biggest plunge in more than 27 years while petrol and heating oil prices also
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    • 75 1 FRANKFURT The German Bundesbank said yesterday it was leaving interest rates unchanged but raised its target for 1993 M 3 money supply growth at 4.5 to 6.5 per cent, up from 3.5 to 5.5 per cent in 1992. Currency dealers said the move would make
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    • 33 1 FROM March next year, the URA will allow owners of sites along rivers, canals, ponds, reservoirs and the sea to integrate these bodies of water in their projects Page 2
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    • 29 1 INDONESIAN timber giant Barito Pacific Group expects to complete negotiations on its proposed takeover of P T Astra International by the end of the year Page 3
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    • 30 1 IBM CORP will be holding a special board meeting next week to consider a cut in assets and workforce, says The Wall Street Journal. Page 3
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    • 34 1 THREE Asean countries Malaysia, Thailand and Singapore in that order topped the list of the most attractive places to invest in the AsiaPacific, according to study by Arthur Andersen Page 9
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    • 45 1 RUSSIAN arms sales to China are certain to grow, senior Russian officials say. But they deny recent US reports which suggested that the value of the trade will soar from US$3OO million this year to US$2 billion by 1994 Page 10
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    • 29 1 THE South-east Asian cruise market looks set to gather speed when Regency Cruises bases its 570-passenger Regent Spirit in Singapore from Monday. Shipping Times Page 1
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  • MARKET SUMMARY
    • 45 1 WALL STREET stocks edged lower yesterday morning, with investors apparently unimpressed by news of a fall in US wholesale prices and new jobless claims. The Dow Jones index of leading industrial shares was down 3.27 points at 3,320.54 five minutes after the opening.
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    • 44 1 LONDON share prices were lower at midday yesterday on the London Stock Exchange, weakened by profit taking and by the fall of sterling. At 1230 GMT, the Financial TimesStock Exchange 100-share index was down 14.8 points, or 0.5 per cent, at 2735.9.
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    • 37 1 GENTING Bhd's plans for taking over Lonrho pic appears dashed with the sale of the bulk of shares owned by the British conglomerate's chief executive, Tiny Rowland, to German property magnate Dieter Bock Page 4
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    • 35 1 TIGER MEDICALS Ltd, the listed pharmaceuticals arm of Haw Par Brothers International Ltd, will tie up with a Chinese company to set up a US$l5 million pharmaceuticals plant in China Page 4
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    • 24 1 CREATIVE Technology has been issued a High Court injunction that prevents it from making allegations against local computer group AVS Page 4
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    • Article, Illustration
      30 1 Thursday Change BT-MGA 681.52 -I 04 Kuala Lumpur ....633.94 +0.42 Tokyo 17.501.30 95.08 Hongkong 5.273.79 -65^46 Sydney 1.501.3 +19.1 Wednesday Change New York 3.323.81 +1.63 London 2.750.7 -19.1
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    • 21 1 Exchange rates US$ S$ 1.6375 IMYen S$ 1.3190 M$ S$ 0.6444 Money market rates Overnight 5/8 +1/4 3-month 2 unch
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    • 35 1 London Gold AM fix US$$333.90 US$0.50 Rubber Spore Jan 147.75«/kg +0.25 M'sia Jan 226.50«/kg +0.50 KL Tin Turnover 43tonnes +3 Spot MS14.31 /kg unch Crude palm oil Turnover l,582lots +98 Feb MS909 /tonne -2
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  • 511 1  -  SMA official expects 3 to spc growth in final quarter By Chuang Peck Ming SINGAPORE The manufacturing scctor is picking up steam after recovering in the third quarter of this year. The Singapore Manufacturers' Association says its members report November sales as being better
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  • 518 1  -  By Colin Tan SINGAPORE Figures released by the Central Provident Fund yesterday suggest that the private residential market may be entering a consolidation phase after a rush to buy properties between the months of May and July. But there are no
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  • 389 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Parliament unanimously voted yesterday to censure the Sultan of Johor for allegedly assaulting a hockey coach. It also demanded that the government review provisions in the Constitution giving the country's nine Sultans immunity from the
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  • 182 1 SINGAPORE Options trading on the Stock Exchange of Singapore (SES) will start sometime in January 1993, a month later than scheduled. Trading may initially be on two counters. Subscribers of the exchange's price broadcast service received a letter yesterday from an SES subsidiary, Securities
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  • 651 1 SINGAPORE Prime Minister Goh Chok Tong last night spoke of the critical need for Singapore 's leadership succession to be carefully planned. He began his speech at an Institute of Policy Studies dinner thus: I want to share with you the anxious
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  • PAGE 2 NEWS
    • 362 2  -  Marine Parade GRC by-election By Shoeb Kagda SINGAPORE Singapore will not plunge into chaos if the People's Action Party is defeated in the Marine Parade by-election, said candidates of the Singapore Democratic Party last night. Even if Prime Minister Goh Chok
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    • 293 2  -  By Colin Tan SINGAPORE From March next year, owners of sites along rivers, canals, ponds, reservoirs and the sea will be allowed to integrate these bodies of water in their projects. But they will become responsible for the upkeep and maintenance
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    • 283 2 SINGAPORE The People's Action Party government has been sold short in the debate on living costs over the last two years and it is time it fights back, Minister of State (Trade try) Lim Boon Heng told party cadres last month.
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    • 506 2  -  PM's speech at Institute of Policy Studies anniversary dinner By Anna Teo SINGAPORE Prime Minister Goh Chok Tong last night outlined how the Institute of Policy Studies (IPS) could evolve into a major institution to help develop Singapore's "software advantages" of superior
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    • 225 2  -  By Schutz Lee SINGAPORE NTUC Fair Price, which has opened a second supermarket in Tampines, believes it will be a boon not a bane to small provision and sundry shops in the vicinity. The retail traffic that it would generate by attracting more people
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    • 257 2 A SINGAPORE-REGIS-TERED company is embarking on two industrial park development projects in China at a cost totalling some Ssl7o million. The company, Galaxy Trade and Marketing Pte Ltd, will undertake the project in Jiangsu province on its own, but has joined
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    • 313 2 SINGAPORE Pang Kim Soon and Soon Tan, the key men behind debt-laden Colour Touch (S) Pte Ltd, were each charged yesterday with two additional counts of cheating and 10 counts of illegal money lending. BT understands that the Commercial Affairs Department (CAD) is
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    • 385 3 Reuter JAKARTA Indonesian timber giant Barito Pacific Group said yesterday it expects to complete negotiations on its proposed takeover of PT Astra International by the end of the year. "We hope to complete the negotiations before the yearend," a company official told Reuters, but
      Reuter  -  385 words
    • 226 3 Bloomberg, Knight Ridder NEW YORK International Business Machines Corp has scheduled a special board meeting for next week to consider a massive new effort to shed assets and reduce its work force. The Wall Street Journal has reported. The computer giant
      Bloomberg,; Knight Ridder  -  226 words
    • 309 3  -  By Genevieve Cua SINGAPORE Finnish industrial group Neste Oy's chemicals division is looking into investing US$l5O million (***** million) in a polyethylene facility in China. Neste Chemicals' vicepresident for Asia. Mikko Haapavaara. said at a press briefing yesterday that the company was
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    • 173 3 SINGAPORE Singapore Telecommunications Pte Ltd (Singapore Telecom) will soon face competition in the business of renting mobile phones and pagers. In April next year, the Telecommunications Authority of Singapore will remove the monopoly that Singapore Telecom now enjoys. TAS chairman Tan Guong
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    • 253 3  -  From Sylvia Wong in KUALA LUMPUR MALAYSIAN property prices will soften next year and the downturn will last until 1996 at least, property consultant firm Rahim Co has forecast. At a seminar entitled "A Critical Review of the Malaysian Property Market" here yesterday,
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  • Page 2 Advertisements
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    • 248 2 Introducing the Flist-Ever Telecommunications Exhibition for End-Users TEIECOMMS SHOWCASE '92 DECEMBER 10 13,1992 11am to 7pm Dally HALL 5 WORLD TRADE CENTRE SINGAPORE Looking for new telecommunication* equipment that'» peftect tor your new oroce? Or perhaps you are searching for a new handphone, pager or upgrading your present telephone system
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 70 4 KUALA LUMPUR Malaysia's Foreign Investment Committee has said that it has no objection to Kim Eng Holdings Ltd taking a 6.14 per cent stake in Far East Asset Bhd. Listed broking house Kim Eng recently acquired the stake, or 14.92 million shares. A listed
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      • 37 4 SINGAPORE Lim Hong Keat has been appointed a director of Bousteadco Singapore Ltd, with effect from Dec 9. Mr Lim retired as a director and managing director of CMB Packaging Ltd in October.
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      • 52 4 SINGAPORE Chuan Hup Holdings has sold its whollyowned subsidiary, Oilrig Lines Pte Ltd, for $50,000. A company statement said that Oilrig was a dormant firm with a paid-up capital of 50,000 shares of 1 each. It added that the sale would have no effect on the
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      • 57 4 SINGAPORE Provisions Suppliers Corporation Ltd's wholly-owned subsidiary, PSC Investment Pte Ltd, has increased its paid-up capital from $1 million to $2 million, with effect from Dec 9. Another subsidiary, Fortune Bright Investment Pte Ltd, has also raised its paid-up capital from $2 to $1.6 million
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    • 499 4 SINGAPORE Any plans that Malaysia's Genting Bhd had for taking over Lonrho pic now appear dashed with the sale of most of the shares owned by the British conglomerate's enigmatic chief executive. Tiny Rowland, to German property magnate Dieter Bock. Reuters reported
      499 words
    • 296 4  -  By Genevieve Cua SINGAPORE Tiger Medicals Ltd, the listed pharmaceuticals arm of Haw Par Brothers International Ltd, has joined forces with a Chinese company to set up a US$l5 million (5524.6 million) pharmaceuticals plant in China. It said yesterday that its wholly-owned subsidiary, Drug
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    • 546 4  -  THE HOCK LOCK SIEW COLUMN By R Sivanithy SINGAPORE A broker recently remarked that he read BT with one aim to find out where he can make money and make it quickly. Not for him any analyses based on long-term forecasts all
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    • 406 4 Bernama PETALING JAYA Industrial Oxygen Incorporated Bhd (IOI) plans to move more aggressively into property development, which is expected to enhance group earnings significantly. However, vice-chairman Datuk Lee Shin Cheng said yesterday that this did not mean that less attention would be
      Bernama  -  406 words
    • 177 4 Bernama KUALA LUMPUR United Malayan Flour Mills Bhd is cautiously optimistic about the coming year and hopes to maintain its earnings. Chairman Saw Eng Lock said in its 1992 annual report that this was in spite of the higher cost of wheat grains which eroded profit
      Bernama  -  177 words
    • 430 4  -  Creative vows to counter with application for a discharge By Josaph Rajendran SINGAPORE Creative Technology has been presented with a High Court injunction that prevents it from making allegations against local computer group AVS. The injunction, receipt of which was confirmed by
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    • 234 4 JL m. SINGAPORE The recommendations of a committee of inquiry into the fire on board the chemical tanker Stolt Spur will be implemented immediately to prevent further mishaps, Sembawang Shipyard said yesterday. Six men were killed and 60 injured in the fire that broke
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    • COMPANY BRIEFS
      • 95 6 SYDNEY Campbell Soup Co said it applied yesterday to the New South Wales Supreme Court for a declaration that it could elect directors to Arnotts Ltd, if it won control of the Australian baking group. Campbell said a 1985 agreement limiting Campbell to
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      • 51 6 TOKYO About 300 Tokyo Stock Exchange employees went on strike yesterday in an effort to secure larger bonus payments, a TSE spokesman said. None of the striking employees are floor traders hence, the strike has no impact on TSE equity or bond trading, the spokesman
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      • 78 6 HONGKONG The Hongkong government has estimated that it will need more time and money than originally anticipated to complete its investigation into the affairs of the Allied Group and other companies. The inspection, now expected to last for about nine months, or until next
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      • 74 6 HONGKONG Hongkong restaurant and bakery giant Yaohan International Caterers said its net profit rose 7.8 per cent to HK528.7 million (Ss6 million) in its first half ended Sep 30, from HK526.6 million in the year-earlier period. The result is after tax and payments to minority
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      • 52 6 TOKYO Major Japanese electronics maker Sanyo Electric Co and Japanese trading company Toyota Tsusho Corp on Wednesday announced a venture with Chinese company Shenyang Air Conditioner Factory to make air-conditioners in China. The new company, Shenyang Sanyo Air-condition-er Co, will establish an air-conditioning factory in Shenyang,
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    • 413 6  -  No lots traded on Manila bourse except for one special block sale From Al Labita in MANILA MANILA'S bearish market yesterday took its toll on the listing of Grand Plaza Hotel Corp (GPHC), touted as the main property investment vehicle of the
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    • 244 6 Knight-Ridder HONGKONG China Resources (Holdings) Ltd, one of the largest Chinese conglomerates in Hongkong, will remain in a venture to build part of the colony's ninth container terminal, but is applying for approval from Beijing, the Wen Wei Po newspaper said yesterday.
      Knight-Ridder  -  244 words
    • 386 6 JAKARTA Business analysts have warned that leadership succession at major corporations in Indonesia could be problematic if intensive training is not carried out to prepare new leaders, the Jakarta Post reported. The director of the Institute for Management Education and Development, Anugerah
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    • 238 6 Knight-Ridder SEOUL An investigation into election contributions by the Hyundai Group has sparked concerns about a long-term assault on South Korea's conglomerates, known as chaebol. These handful of supercompanies that dominate the economy have long been denounced by populist politicians. Analysts
      Knight-Ridder  -  238 words
    • 380 7 Latest bid for Qantas seen stretching airline's finances Reuter LONDON British Airways pic says it will not be financially stretched if it succeeds in its ambitious global expansion campaign. But now that BA has opened up a new front in the campaign
      Reuter  -  380 words
    • COMPANY BRIEFS
      • 101 7 NEW YORK Time Warner Inc plans to sell, swap or otherwise get rid of US$3 billion (554.9 billion) in investments that do not produce income, or else turn them into cash generators, to reduce its huge debt load. Time Warner could consider shedding
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      • 109 7 LONDON British Gas has rejected a chance to secure the purchase of Argentina's largest gas distribution company in the apparent hope that it could pick up the business more cheaply next week. The British utility, bruised in the past by accosations that it had
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      • 57 7 SCOTTS VALLEY, California Borland International Inc, plagued by price competition and rising costs, said it will cut 350 jobs, or 15 per cent of its worldwide workforce of 2,100. Borland, a leading provider of database software, is taking these measures to centralise its research, development
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    • 290 7 NYT TOKYO As year end approaches, many Japanese companies give away calendars to consumers and clients in the hope that they may stay on the walls throughout the year to get across their corporate messages. While the prolonged slump in economy
      NYT  -  290 words
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    • 142 6 OR G A GRENFELL ASIA GROUP Now Under One Roof Our group offices in Singapore will be relocated to Ocean Towers as follows: y' m ON 12TH DECEMBER 1992 Morgan Grenfell Asia Holdings Pte Ltd 20 Raffles Race *23-08. Ocean Towers. Singapore 0104 Tel: 533 2828 Fax: 538 2296/538 2291
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  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 70 8 TOKYO Japan's Finance Ministry will prohibit brokerage subsidiaries to be set up by banks from trading and underwriting stocks, the Nihon Keizai newspaper said. The move is aimed at protecting existing brokerages, the paper said. They will be allowed to trade corporate bonds and
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      • 103 8 NEW YORK Kidder Peabody, General Electric Co's brokerage unit, expects a record pre-tax operating profit this year of more than US$3OO million (Ss4B9 million), Kidder chief executive officer Michael A Carpenter said. That is nearly triple the US$ll9 million that Kidder earned in 1991 and places
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      • 102 8 ►J TOKYO Japan's money brokerages have cut commissions t* on interest rate swap transactions because of increasing com*i petition from Hongkong, the Nihon Kinyu Shimbun newspaper said. Japan's money brokerages made the reductions to counter the trend by Japanese banks to shift their interest rate SW
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      • 102 8 LONDON BAT Industries pic said it will invest £450 million (551.12 billion) in its Eagle Star insurance unit. In a statement, the UK tobacco and financial services company said the investment will increase Eagle Star's solvency margin to more than 50 per cent of
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      • 95 8 NEW YORK J P Morgan Co, the US's fifth-largest bank holding company, has boosted its quarterly dividend 10 per cent to 60 cents a share from 54.5 cents a share, following better-than-expected thirdnjuarter earnings. On an annual basis, the bank's dividend will increase to US$2.4O
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    • 519 8  -  Interbank lending gaining popularity By Dawn Tan SINGAPORE The Asian capital markets are still keen to lend funds to Indonesian banks and financial institutions, despite recent reports about liquidity problems and the US$6OO million (SS9B4 million) debt facing the banking division
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    • 310 8 Bloomberg WASHINGTON The Federal Reserve Board on Wednesday voted to place limits on the amount of intangible assets that can be counted towards a bank's capital. The Fed's rule applies to purchased mortgage servicing rights (PMSRs) and purchased credit card relationships (PCCRs), two types of
      Bloomberg  -  310 words
    • 516 8 Knight-Ridder TOKYO Japan's government has drafted the outline of a radical reform plan that would allow banks and other companies to count a share of unrealised profits on land holdings as capital. The stated aim is to improve the capitalisation of Japanese banks,
      Knight-Ridder  -  516 words
    • 239 8 FT PARIS France's leading banks have appealed to the government for help over bad debts estimated at up to US$l4.B billion (SS24 billion) among their property loans of around 250 billion French francs (Ss7s billion). Michel Freyche, president of the
      FT  -  239 words
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  • THE REGION
    • 419 9  -  In top 3 of study together with M'sia, Thailand By Soh Tiang Keng SINGAPORE Three Asean countries Malaysia, Thailand and Singapore in that order top the list of the most attractive places to invest in the Asia-Pacific, according to study by Arthur
      Source: Arthur Andersen  -  419 words
    • 369 9 AP MANILA The late Philippine president, Ferdinand Marcos, did not mastermind the 1983 assassination of the husband of former president Corazon Aquino as was widely believed, a former prosecutor said in a letter published yesterday. Raul Gonzales did not say who he believed plotted
      AP  -  369 words
    • 412 9 Reuter TOKYO The GNP of four South-east Asian and four Asian NIEs will grow 7 per cent in calendar 1993 after slowing to 6 per cent in 1992, against an actual 6.9 per cent in 1991, says a study
      Reuter  -  412 words
  • Page 9 Advertisements
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  • THE WORLD
    • WORLD WATCH
      • 76 10 OSLO Before accepting her Nobel Peace Prize yesterday, Guatemalan Indian Rigoberta Menchu said she knows the pain of racism and called for a world summit to fight such hatred. "1 have experienced racism on my own body. 1 would like to see top
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      • 106 10 WASHINGTON The International Monetary Fund (IMF) is expected to lower its estimates for global economic growth in 1993 from the 3.6 per cent forecast in September, IMF sources said on Wednesday. The revision is due principally to problems in the European Community and the European
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      • 79 10 LONDON The resounding Swiss no to the European Economic Area, the free trade zone linking the European Community's 12 members with the seven countries of the European Free Trade Association, has left Efta facing every which way. Efta ministers, who were to hold their regular
        79 words
      • 93 10 HONGKONG China's gross national product is expected to rise 12.1 per cent to an all-time record high of 2,138 billion yuan (Ss6os billion) this year, it was reported here yesterday. The State Information Centre, quoted by the Hong Kong China News Service, said the figures
        93 words
      • 81 10 BELGRADE The Serbian Supreme Court has ruled that Yugoslav Prime Minister Milan Panic will be allowed to challenge Serbian President Slobodan Milosevic in general elections scheduled for Dec 20. The Supreme Court said on Wednesday that its decision was final, which means Mr Panic
        81 words
    • 502 10  -  But US reports of sales hitting USs2b by 1994 denied From John Helmer in MOSCOW RUSSIAN arms sales to China are certain to grow, senior Russian officials say. But they deny recent US reports which have suggested that the value of
      502 words
    • 312 10 Emphasis on marketing helping to ensure customer loyalty Bloomberg TAIPEI Although US and Taiwan officials failed in just ended talks to tighten protection of US software, US software distributors made headway in talks at a trade fair this week with another important
      Bloomberg  -  312 words
    • 411 10 FT LONDON Britain is leading a diplomatic drive to narrow differences on the Danish question and the European Community budget in a bid to break the threatened deadlock at the Edinburgh summit. The British presidency on Wednesday proposed a new draft
      FT  -  411 words
    • 446 10 Reuter VIENNA In spite of the first signs that Eastern Europe's recession is ending, disillusion with economic reform could undermine the region's political stability, preventing a sustainable recovery, economists said at a recent conference. And with exports seen as the engine for any
      Reuter  -  446 words
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  • Page 11 Advertisements

  • 469 12 EDITORIAL BORIS Yeltsin's adventurous flirtation with the Russian Congress has backfired. Two days ago, in what is seen as an embarrassing rebuff to the president, mem- bers of Congress voted against naming Yegor Gaidar as prime minister. Mr Gaidar has played a central role in pushing Russia
    469 words
  • WHAT THE OTHERS SAY
    • 258 12 THE DESTRUCTION of the Babri mosque in Ayodhya last Sunday by Hindu extremists has plunged India into one of its worst political crises since independence. Whatever the merits of the mosque controversy, the action by Hindu militants breached assurances of peaceful conduct and undercut Prime
      258 words
    • 111 12 MUCH HAS BEEN SAID about Mendaki's achievements in the last 10 years. It must now focus its attention on the tasks and challenges it will face in the next ten years. This will be more crucial as Mendaki moves forward in its efforts to raise the standard
      111 words
    • 127 12 SOMALIA'S predicament today, can be traced to the struggle between the US and the former USSR over this strategic area. After that ceased, other powerful nations let Somalia alone, leaving it to fall into a cycle of endless wars. That US Marines are part of US
      127 words
  • REGIONAL VIEWPOINTS
    • 176 12 IT IS encouraging to note that increasing numbers of economist and businessmen are now reaffirming the imperative for an efficient economic system that allows for allocation and cost efficiency. The basic point of the argument is that efficiency can be achieved only when prices reflect as
      176 words
    • 197 12 THE DECISION to give two out of the three promotions to expatriates in yesterday's top-level civil service reshuffle is bound to send out the wrong signals. It will be seen as a setback for localisation, and also a sign that expatriates are still enjoying preferential treatment.
      197 words
    • 105 12 PLOUGHING BACK profits into plant and machinery, promotional activities and enhancing marketing strategies are the hallmarks of the Japanese. They do not pay high bonuses or dividends but re-invest in research and development. Similarly, Malaysians should not take the current good economic growth in the century
      105 words
  • 1116 12  -  A Harvard economist has urged Western Europe not to see itself as a protected club vis-a-vis Eastern Europe. Carl Gewirtz reports Carl Gewirtz IHT WESTERN Europe, unable to respond to the war in Bosnia, niggardly in its response to the emerging democracies of Central
    IHT  -  1,116 words
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  • Page 12 Miscellaneous

  • ANALYSIS
    • 1421 13  -  Laotian strongman Kaysone Phomvihane died last month, leaving unfinished the task of revamping his country s economy. Harish Mehta reports on the efforts of the government to sort out its economic mess Harish Mehta Everything in Laos is in miniature. "What happened here is like
      1,421 words
    • 784 13 Mandalay has become South-east Asia's unlikeliest boom town. But there is a shady side to the prosperity Reuter FOR Rudyard Kipling, the very name Mandalay conjured up images of all that was exotic about Asia. George Orwell, based there as a young
      Reuter  -  784 words
  • Page 13 Advertisements
    • 181 13 Before you take your first step, we take 250. SINCE 187 3, Church Company has to elegant Available at Isetan Orchard, Robinsons, been producing classic English shoes. city shoes g and Cinderella Shoe Some 250 stages go into the making of and relaxing (Shaw Centre). a pair as they are
      181 words

  • Page 14 Advertisements
    • 949 14 Nothing Beats A BufLM£Sfl where to wine, dine Oor S_. "fate *p*t Penang High Tea Come and sample our revamped menu at Princess Terrace. It's extra delicious! Available every Saturday, Sunday and Public Holidays At only $11.80+ per adult and $6.80+ per child, The combined experience of inclusive of coffee/tea,
      949 words
    • 254 14 ifmSaxti Chrtfmas? tjfrwhOHj, »ntw> 'N We terve the world to you at Top of the M kkl*i<wn modwwtlnd li near. <*» TO 71T4411 Excelsior's Festive Treats CAFE EXCELSIOR CAFE EXCELSIOR Set Dinner k Dance bHI Christmas Day/ $38.00** per person New Year's Day Brunch Live Band k Disco $18.00" per
      254 words
  • Page 14 Miscellaneous
    • 485 14 TELEVISION AND RADIO T AC f innnppnpp SSStT BUBINEBBONBADK> 1 iajsi lniioccnce .assrf r i*ti!»M?d»ni World 6-25 Neas(T). 10.30 JjJ|£iCMes. Worid Business Report T 10< Th S,M:S >o5 NBA Bas- S SSfeff'' ClUI BBEM "fc KS Report Tom Selleck is framed by two 1W JW JJJJJ, 10-30 News Update followed
      485 words

  • LIFESTYLE
    • 714 15  -  Neville Stack looks back at a year of anguish for England's Queen Elizabeth Neville Stack THE Queen of England must be wondering, as this year of miseries ends, whether it is all worth the bother. Whether the palaces, protocol, pomp and circumstance are, in any human sense, compensation
      714 words
    • 471 15  -  Shahiron Sahari previews the Sabri Brothers' concert tonight Shahiron Sahari ABOUT the least controversial thing one could say about Martin Scorsese's The Last Temptation of Christ is that it produced one of the best movie soundtracks in recent years. The Peter Gabriel-pro-duced album of the movie, entitled Passion,
      471 words
    • 489 15 CHATTERBOX MEN AND WOMEN marry when they expect it will make them better off, and wealthier couples are less likely to divorce than poorer ones, 1992 Nobel economics laureate Gary Becker said on Wednesday. When deciding on choice of partner, having children or even
      489 words
  • Page 15 Advertisements
    • 219 15 AND ENTERTAIN The Ocean's Catch Our Seafood Buffet on Fridays are "fishy" affairs. Drop by for the freshest catch from the ocean Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL For reMTvatkms. pk**« call SINGAPORE 732-1222 extension 1700 'wwi m XINFUL MENUS
      219 words
    • 192 15 club 1 r Barbecue Buffet Eat as much as you can Hl|Wl|ra P^S every Friday Saturday fffiiilMml at the Poolside Tee-Off Cafe l|||mU|(|V ]||*S between 6.30pm to IO.OOpm llfnU] pUIf Adult $13.50 Child 57.50 A(Jm For reservaiions, please call Tee-Off Cafe I at 322 4221/ 3 (Direct) or at 221
      192 words

  • Page 16 Advertisements
    • 93 16 YOU MIGHT BE SURPRISED AT THE COST Of MAINIUHING A NEW BMW 5 SERIES. The BMW 5 Series now comes with an exclusive package that entitles you to maintenance free motoring* for three full To discover more about the ultimate maintenance package call Performance Motors: 469 8800 or 345 0668.
      93 words

  • FOCUS
    • 798 17  - Compromise for now John Helmer in Moscow looks at the aftermath of the Russian Congress vote on Wednesday John Helmer THE Russian Congress of People's Deputies has opted for compromise, even as it declared no confidence in President Boris Yeltsin's nominee for prime minister, Yegor Gaidar. During the past five
      798 words
    • 693 17  -  John Lloyd examines the road ahead for the Russian government John Lloyd FT THE Russian government met on Wednesday fully expecting to be asked to continue for three months in an acting capacity. Its daily companion, the economic crisis, will also continue, though in a
      FT  -  693 words
  • Page 17 Advertisements
    • 68 17 r p fell j U 11 By Ij U 11 fMtorlng tradition*! Kl a teortUn 1 Hl' I V 1 Top prtc*« umi i«iihi*i .win 3> |H Utinhllt Afrhm-.aMMrtwWrrel. Hi.j.wjH.yiJ-mtoiiMvi. il Kl^t^ l j Time*, Loo^oa -jggßfegSft' Ulfc February Iff /E ™,<f'«<*~. iWtt. A>« &>J«* A»~~ onr"* W *-rr a
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  • Page 18 Advertisements
    • 658 18 j ffl opti-box HM IEXAIBWE* SMcificatitK: Futures: N-556MS N-556ET Accommodates one EXB-8200 Of EXB-8500 and m Drive Model SONYSMG-E5Ol MAXOPTIX up to ten Bmm data cartridges W Hill I SONY SMCHSII Retrieval time: <25 seconds arerage 1 I H Hill I BBSJ: Robotic cartridge handler Hill No. ol Drives: 2
      658 words

  • SPORTS
    • 424 19 Grand Slam Cup AFP MUNICH Andre Agassi, John McEnroe and Pete Sampras, heroes of the United States' Davis Cup triumph over Switzerland at the weekend, had to come back down to earth on Wednesday when they opened their campaigns at the US$6 million (Ss9.B
      AFP  -  424 words
    • 274 19 AP WAIKOLOA, Hawaii Deb Richard does not see the LPGA World Match Play Championship as a competition between American and Japanese golfers. "I don't feel like that at these matches. It's not a country thing. I'm out there' playing for myself," Richard said. "It's
      AP  -  274 words
    • 286 19 AP LAUSANNE What started as a local controversy in Atlanta has now reached the leadership of the International Olympic Committee: Is Augusta National, home of the Masters, the right place to hold a proposed Olympic golf event in 1996? A month ago, lOC president Juan
      AP  -  286 words
    • 174 19 AFP WASHINGTON Two of the jurors involved in the trial which found Mike Tyson guilty of rape have announced their intention to write to the American Court of Appeal asking for a re-tri-al. In an interview with a Philadelphia radio station, Dave
      AFP  -  174 words
  • Page 19 Advertisements
    • 180 19 HERDSFRCE Technology Helps This 801 l Defy Griviiy. No. we're not kidding! To design Precept. Bridgestone pulled no punches. New Aero Dynamic (NAD) design technology, usually used to develop ballistic missiles, was employed. The result is a ball that actually generates greater life in flight reducing drag and the effects
      180 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3036 20  -  By Moiz Tyebally THE HOUR GLASS took the limelight in the last hour of trading yesterday when six million shares changed hands in a married deal. But the rest of the market was quiet and the benchmark Straits Times Industrial Index slipped
      3,036 words
    • Article, Illustration
      77 20  -  Anthony Pang PARKWAVs short-term uptrend appears to be well supported, with a channel forming on the daily price chart. If this channel stays intact, the stock looks set to test $1.80 before pulling back. However, with medium-term indicators moving towards overbought areas, the counter may be due for
      SOURCE: BRIDGE INFO  -  77 words
  • Page 20 Advertisements
    • 95 20 Lg^rnsdm r sv Since 1735 there has K I WBM NEVER BEEN A QUARTZ BIANCPAIN WATCH ■PRf y Mam AND THERE NEVER WILL BE. 1111 Singapore THE HOUR CLASS® Lucky Plaza. Tel 7?4242<V1 Scotts Tel Centrepoint Tel 7141VHV601 Peninsula Plaza Tel 1178KW*****61 Wofld Trade Centre Tel *****07 Palars Renaissance Tel
      95 words

  • 3213 21 FAN 1070 20 +1.9% Cerebos 25c 406 +18 +4.6% Clipsal 60c USS 380 +10 +2.7% OUB Foreign 510 +10 +2.0% SPC Foreign 320 +10 +3.2% Times Pub 348 +8 +2.4% LK.H 50c 124 +6 +5.1% SEEL Foreign 156 +6 +4.0% CMB Asia 595 +5 +0.8%
    3,213 words
  • Page 21 Advertisements
    • 23 21 ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      23 words

  • 2963 22 UMW 406 +8 +2.0% GIL US$0.10 126 4 +3.3% Dunlop Est CULS 515 +5 +1.0% H Leong Credit 410 +4 +1.0% HumeM 374 +4 +1.1% FACB 50c 40.5 +2.5 +6.6% Paramount TSR96 27.5 +2.5 +10.0% Menang Corp 52.5 +2 4.0% Paramount 105 +2 +1.9% Uniphoenix
    2,963 words
  • Page 22 Advertisements
    • 311 22 BUSINESS T.JJM_E_S Toll free Tel No: 737 0043 Fax No: 734 3608 MULTI SATYA PRIVATE LIMITED (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act,(Chapter SO) a final general meeting of the abovenamed company will be held on I
      311 words
    • 374 22 HANLON PROPERTIES PTE LTD (hi Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 149 Rochor Road #61-22 Fu Lu Shoo Complex S pore 0710 on Monday 7 December 1992, the following Special Resolutions were duly passed:1. That the Company be
      374 words
    • 336 22 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER s®) AND IN THE MATTER OF SINATRA INVESTMENTS PTE LTD (In Members' Voluntary Winding-Lp) At an Extraordinary General Meeting of the Members of SINATRA INVESTMENTS PTE LTD duly convened and held at 6-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan on the sth day
      336 words
    • 317 22 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER Of SGV MANAGEMENT CONSULTANTS PTE LTD (In Mambsrs' Voluntary Liquidation) NOTICE OF SPECIAL ANO ORDINARY RESOLUTIONS (Pursuant to Sactlon 290<2)(b)) At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Park Mall. Singapore
      317 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5448 23 Bernama SHARE PRICES in Kuala Lumpur ended mixed yesterday after sporadic support for second and third liners halted heavy selling activity evident over the past few days. Prices had earlier risen as players moved in to seek bargains after falls over the past three days.
      Bernama  -  5,448 words

  • BT SHARE INFORMATION SERVICE
    • 408 24 Company Date Year Group Net Net earnings Cms inn to profit/loss per share dividend ('000) (cents) Mtn« Tm Dec 4 iun 92 $14,431($9.726) 6.8(5.7) 16(16) Kemayan Dec 2 May 92 $23.461L($73) 3(1.5) MSB Dec 1 Jun 92 M$334(M$11,495) 0 33(11.2) 5(12) Amai Steel Dec 1 iun 92 M$88,527(
      408 words
    • 123 24 Company Date Year Croup Net Net earnings Crass ann to profit/loss per skara dividend (*000) (cents) C4C Oec 1 Sep 92 $65,010($71.942) 8.7(14 8) 17(17) Times Pub Nov 20 Aug 92 524,168(535.903) 19.9(29.5) 10(10) Kemayan Nov 16 May 92 M$23,461L($457L) 3(1.5) NST Nov 16 Aug 92 MJ68.894(J55,298) 38(31)
      123 words
    • 355 24 C«IHW Oat. HtH-ywr Wert" inn to prvftt/lMS oivKtefWj cooo) Km Eng Dec 1 Sep 92 $7,368(13.694) M Credit Dec 1 Sep 92 $2,0421 ($6,249) t\Tt GB Hldgs Nov 30 Sep 92 $1,825($1.108) 2.5TE(2.5)TE Metro HWgs Nov 27 Sep 92 $3,661 ($1,938) PMRt Nov 27 Sep 92 M$1.257($4,868) 5(5)
      355 words
    • 203 24 Dec 7 Fraser Neave and Coca-Cola have joined forces with Thai partners to invest US$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
      203 words
    • 804 24 Current Ex B«oks Date Tatel ter Tatel tar SSSt date pay.* tte. last y*ar MSB 5*<b) ian 8 Jan 22 Jan 29 5* 12J An* Steel 50c 12*(b) Nov 19 Dec 3 Jan 2 12* 12% Amtck Ei« 20c 6*TE Dec 4 Oec 10 fee 30 12*TE tot*
      804 words
    • 390 24 Company Rights torn ifav. Jed) Three tor trve <& SI 00 per share Ex-date: Dec 10 Bks Close Dec 22 Acceptance and Payment NYA Guthne GTS One hx-one fe SO 23 pef share Li-date Nov 26 Books Close: Dec 8 Acceptance Payment: NYA hra* En| One tor (we
      390 words
    • 74 24 laya rtdgs Ltd: 2nd AGM at Minto Room. The Westin Plaza, 2 Stamford Road, Singapore 0617, on Friday, December 11, at 11.00 am Metal Containers Ltd: EGM at 15 Scotts Road, #05-01, Thong Tecfc Building Singapore 0922, on Monday, December 14, at 11.00 am Ant ah tattings Bhd:
      74 words
    • 265 24 In local ciwt In SS US$ dy >t dy yr dy yr 9 Index chge chge chge chge chge chge World 391.5 0.1 -4.1 -0-3 -5.9 -0.4 -7.0 +F *iFF 454 1 0.2 -9.6 -0.5 -12.7 -0.5 -13.7 7 -0.3 3.0 -1-5 -6.2 -1.6 -7.2
      265 words
  • Page 24 Advertisements
    • 494 24 ADULT HIGHtH iOUUTMM OtWIOMKUT CAREER 93 is^AHEAD'93 HUMAN RESOURCE DEVELOPMENT MEGA FAIR The Trade and Public are hereby informed that: rrp services pie ltd ("rn>") is in the business of organising exhibitions, conferences, seminars and providing related trade services. It has come to ITP's attention that Singapore Professional Centre SPC
      494 words
    • 432 24 '93 CAREER/AHEAD '93 CAREER/AHEAD '93 CAREER/AHEAD '93 CAREER/AHEAD '93 CAREER/AHE CAREER 93 Sjr IN ™AHEAD'93i ps 1' j HUMAN RESOURCE DEVELOPMENT MEGA FAIR I PLAN FOR THE NEW ECONOMIC ERA I 10 -14 MARCH 19S8 I rrrrrrr i immsingapore i Q zp fiTIB kf i i ii I Mil lil■■
      432 words

  • TOKYO STOCK EXCHANGE
    • 2567 25 Reuter STOCKS CLOSED up, but well off highs in active trade on strong buying from public pension funds and brokerage dealers. Sentiment was good with no fresh negative factors, few worries of downside risk, and futures settlement today unlikely to cause much
      Reuter  -  2,567 words
  • STOCK EXCHANGE OF HONGKONG
    • 2387 25 Reuter SHARES CLOSED lower after an early afternoon plunge due to Britain and China's failure to make headway at Joint Liaison Group (JLG) talks, brokers said. The Hang Seng Index closed 65.46 points lower at 5,273.79 after the two sides achieved no agreements and
      Reuter  -  2,387 words

  • CHINA STOCK EXCHANGES
    • 416 26 THE share splits in Shanghai yesterday failed to boost the A shares, since the market had already reacted to the splits in its earlier rally. Further profit-taking took the CLSA Shanghai A index down 8.12 per cent to 4.096.57. Refrigerator Compressor A's
      416 words
  • JAKARTA STOCK EXCHANGE
    • 1088 26 THE moribund Jakarta bourse was given a small boost by speculation over the future of Astra International, the very share that brokers say is largely responsible for the current market malaise. An unconfirmed local newspaper report said a group of leading local companies planned
      1,088 words
  • 1684 26 Vol Dec 9 Baht High Low (*00) PE AJ. Plast 36.00 1.0 37.25 36.00 279 15.9 Adkinson Sec 185.00 2.00 186.00 182.00 1724 81.1 Alucon 136.00 Am Std Sanitary 390.00 unch 390.00 390.00 5 15.3 \okamThai 55.00 0.50 55.50 54.50 365 na Asia Credit 161.00 -1.00
    1,684 words
  • Page 26 Advertisements
    • 130 26 The Thai stock market was closed yesterday for a public holiday. Below are Wednesday's closing prices. I Why a stronger economy will mean a smaller pay cheque for you. August 22nd. How to make millions from rubbish. August 22nd. After the communist revolution, is Russia ripe for an Islamic one?
      130 words
    • 5 26 P.rV C' s dty TELEPATE
      5 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2047 27 Reuter THE share market shrugged off a record unemployment rate of 11.4 per cent and posted significant rises across the board in heavy trade, with the All Ordinaries Index reaching a three-month high. Brokers said the market was pushed by overseas buying
      Reuter; Source: Bridge Info  -  2,047 words
  • REGIONAL STOCK MARKETS
    • Manila index falls in sell-off of bank shares
      • 51 27 INDiCESJ. TURNOVER Clear Dec 10 Prelaw NEW ZEALAND NZSE-40 Capital 1.313.84 1.517.14 -1.30 MAfULA Composite Index Turnover (mil pesos) 1.248.84 244.9 1.265.83 -16.99 160.7 84.2 TAIPEI Weighted Price Index Turnover (NTS billion) 3.746.75 10.0 3,776.55 -29.80 13.6 -3.6 SEOUL Composite Stock Index Turnover (billion won) 642.03 383.23 620.74 +21.29 234.79
        51 words
      • 559 27 SHARE PRICES fell for the second straight day yesterday when foreign investors in state-owned Philippine National Bank (PNB) unloaded their holdings and dragged prices in the market down, brokers said. The Manila Composite Index lost 16.99 points to end at 1,248.84. "Foreign holdings unloaded their positions in PNB. The
        559 words
      • 812 27 STOCKS closed sharply higher in moderate trading yesterday as large-cap shares staged a strong rebound, aided by rumours of a cut in interest rates, brokers said. Foreign investor buying of two large-cap counters, Kepco and Posco, helped boost the market, they said. Brokers forecast most shares would rise further
        812 words
      • 475 27 SHARE PRICES reversed slight early gains to finish lower across the board after profit-taking emerged in late trade, brokers said. The Weighted Index closed 29.80 points lower at 3,746.75 on fairly active turnover of NTS 10 billion against Wednesday's NTS 13.6 billion. Brokers said profit-taking from the recent rally
        475 words
      • 382 27 SHARES regained most of their early losses to end flat after a featureless day marked only by mild profit-taking. The NZSE-40 Capital Index ended 1.30 points down at 1,515.84 after going as low as 1,503.24. Turnover was worth just over NZ$2O.l million. There was limited profit-taking in Fletcher
        382 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • US stocks close mixed in heavy trading
      • Article, Illustration
        1303 28 STOCKS closed narrowly mixed in heavy trading on Wednesday as late buying lifted the Dow out of negative territory but failed to save the broad market from retreating in the face of profit-taking. The Dow Jones Industrial Average edged up 1.63 points to 3,323.81. The New York Stock
        1,303 words
      • Article, Illustration
        788 28 SHARE PRICES weakened on Wednesday with concern over a weaker pound and several cautious trading statements leading to profit-taking, dealers said. At the close, the FT-SE Index of 100 leading shares was down by 19.1 points to 2,750.7, having earlier shown a gain of 5.3 points on the strength
        788 words
      • 232 28 IN THE ABSENCE of any significant news or significant orders, technical factors alone pushed the DAX index #f leading German shares below the psychological 1,500-point level in late trade. The 30-share DAX recovered a fraction towards the end of the session, but still ended 7.65 points down at 1,500.59,
        232 words
      • 71 28 INDICES TURNOVER NEW YORK Dow Jones SAP 500 Turnover (million) Close 3.323.81 435.65 230.06 Previous 3,322.18 436.99 234.33 Dec 9 1.63 -1.34 -4.27 LONDON FTSE 100 FT-30 Turnover (million) 2.750.7 2.074.8 657.4 2.769.0 2.091.0 579.5 -19.1 -16.4 77.9 FRANKFURT DAX Index 1.500.59 1.508.20 -7.65 AMSTERDAM EOE Index unav 287.78 PARIS
        71 words
      • 197 28 THE BOURSE jumped out of the red in late afternoon as speculation that German interest rates will be cut yesterday sparked a futures-led rally, dealers said. The CAC-40 Index closed up 25.28 points at 1,791.61, but its surge failed to push it above the key 1,800 level. Volume was
        197 words
      • 196 28 SHARE PRICES eased towards the close in thin trade as the market picked up slowly from Tuesday's national holiday. The MIB closed 0.35 per cent up at 852 points. Even state companies seen as candidates for privatisation made little headway after a meeting on Tuesday between the government and
        196 words
      • 334 28 A FIRMER DOLLAR and hopes that Swiss interest rates would head still lower pushed shares higher, dealers said. The SPI Index added 9.9 points to 1,177.9 and the SMI rose 18.5 to 1,980.7. Investors concentrated on chemical and pharmaceutical shares, while the engineering sector and most second-tier shares were
        334 words
      • 309 28 APATHY before yesterday's Bundesbank meeting kept Belgian shares stuck at Tuesday's levels to close virtually unchanged in slow trading, which again was mainly concentrated in a few blue chip stocks. The Bel-20 Index of leading shares closed down 0.05 point at 1,129.97. Some 720 million francs worth of shares
        309 words
      • 139 28 SHARES CLOSED firmly up on foreign demand and optimism over the market's near future. Turnover was high at 867 million kronor. The AllShare Index rose 1.26 per cent to 893.32, while the Top-16 Index was up 1.31 per cent. Dealers said the lack of sellers could be explained by
        139 words
      • 385 28 INDUSTRIALS were steady at the day's higher levels on some profittaking at the close on the stock exchange, while gold shares pared recent gains as the dollar gold price sank, dealers said. "The market is still running up, but there's confusion over what is really pushing it we're getting
        385 words
      • 311 28 STOCKS finished lower on Wednesday after a heavy trading session enlivened by the strong performance of companies with properties on or near the Northwest Territories diamond find. "Diamonds, diamonds, diamonds. That was the big news today," one trader said. Investors flocked to junior mining stocks which hold property in
        311 words
      • 200 28 Amsterdam Dec 9 Fh ABN-Amro 49.90 .7 Aegon 72.70 -.2 Ahold 86.30 .3 Ak/o 134.30 -.4 Alrcnta 202.90 -.3 Amcv 59.80 -.7 Bols 43.10 -.5 Borsuray Wehry 52.30 unch Buhrman Tettero 29.10 unch Centralc S M 104.20 1.2 DP American 37.20 DSM 80.40 -.3 Elsevier 119.20 +4.9 Fokker 15.60 -.1
        200 words
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  • CURRENCY, MONEY & FUTURES MARKET
    • 1240 29 REPORTS THE dollar hardly moved in Tokyo, with customer orders scarce and operators generally sidelined ahead of the Bundesbank's regular council meeting yesterday, dealers said. Trading was lacklustre apart from sales of Australian dollars on weaker-than-expected jobs data, dealers said. "We're waiting for
      1,240 words
    • 272 29 AFP BEIJING China will continue to devalue its currency, the renminbi yuan, to move it towards convertibility, the Xinhua news agency said in the first official confirmation of the policy. "Analysts here believe that the downward trend of the renminbi value is likely to continue,"
      AFP  -  272 words
    • 1578 29 oaoDQUw Open High Low Sett Est Vol Act/Vol Op/Int Dec 92 96.34 96 36 96J4 96J5 3040 7121 ***** Mar 93 96.28 96.29 96.28 96.29 3215 ***** ***** Jun 93 95.84 95.85 95.83 95.84 3510 ***** ***** Sep 93 95.37 95.39 95 36A 95.37 2505 3883 5481 Dcc
      1,578 words
    • 396 29 Cross rates pec 'p USS SS MS Dm Yen SFr AS NZS USS 1.6390 2.5385 1.5720 124.10 0.6382 1.4110 1.4440 1.9305 SS 0.6101 1.5488 0.9591 75.7169 0.3894 0.8609 0.8811 1.1779 MS 0.3939 0.65 0.6193 48.8871 0.2514 0.5558 0.5689 0.7605 Dm 0.6361 1.0426 1.6148 78.94 0.4060 0.8976 0.9186
      396 words
    • 592 29 Interbank rates Dec 10 SS Bid Offer Overnight 5/8 3/4 1-month 1 9/16 I 11/16 2-month 1 7/8 2 3-month 2 2 1/8 Overnight mode; 3/8 ISS Bid Offer 7 days 2 15/16 3 1/16 1 month 3 3/4 3 7/8 2 months 3 5/8 3 3/4 3
      592 words

  • COMMODITIES
    • 359 30 Reuter LONDON The rises in the volume of metal traded on the London Metal Exchange seen in the past few years are set to continue, says the LME'S new chairman, Raj Bagri. Turnover in 1991 was up 29 per cent on 1990, which
      Reuter  -  359 words
    • 266 30 Reuter NEW DELHI Sugar output in India, the world's largest producer, may drop sharply because of mounting financial problems in the mills, industry analysts say. "Such gloomy predictions have been heard for two years, but now there are clear danger signs,"
      Reuter  -  266 words
    • 775 30 REPORTS MALAYSIAN crude palm oil prices fell back after initial steadiness to finish easier on a lack of buying and the trend in the palm oil futures market yesterday. Sentiment was affected by reports of large imports of Indonesian crude palm oil
      775 words
    • 1633 30 Rubber RAS Commodity Exchange (futures doting as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) 1 kiyers Sellers Close Volume Open As at 12 noon (S cents/kg) Month High Low Sett (tonnes) Interest RSS 2 Jan 93 142 00 I43.00N Jan 93 Feb ILI o r 147.75
      1,633 words
  • Page 30 Advertisements
    • 759 30 BUSINESS TIMES Toll fr— Td No 731 0Q43 Fax No: 734 3606 M THE MATTER OF THE COMPANIES ACT, CHAPTER SO TOLLESBURY INVESTMENTS LIMITED MEMBERS' VOLUNTARY UOUIOATION At an Extraordinary Ganeral Meeting of the Company deemed to b« held on December 2,1992 the following special resolution was duly passed "That
      759 words
    • 758 30 THE COMPANIES ACT, CAP. 50 ALL UNITED PTE LTD At an Extraordinary General Meeting of ALL UNITED PTE LTD duly convened and held on the 8 December. 1992 the following special resolution was passed: SPECIAL RESOLUTION That the company be wound up voluntarily pursuant to Section 290 (1 )b of
      758 words

  • THE TRAVEL PAGE
    • 1300 31 «y FNgM ETA FNgM ETD City FKM n* n*t ETD Ata DkaM GA890 2330 Kttl Ktaafcalu SQ187 MH631 1455 1520 SO 188 MH630 0930 0950 AdoUida QF81 1935 QF82 SQ227 2050 2230 KmIi Lumpur MH629 MH640 0035 0805 MH604 SQ 102 0715 0730 AmtartU. KL837 SQ323
      1,300 words
    • 615 31  -  LETTER FROM SWEDEN By Tony Austin A GIANT straw goat, its curved horns festooned with red ribbon, symbolises more than Christmas to this small Swedish town of Gavle. Standing in the snow-cov-ered town square, the traditional Julbock embodies the whole region's struggle against economic
      615 words
  • 151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1295 1.1455 Canadian dollar 1.2740 1.2997 NZ dollar 0.8390 0.8600 Sterling pound 2.5561 2.5920 US dollar 1.6350 1.6420 Local dollars to 100 units of foreign currency Austrian schilling 14.65
    151 words
  • 80 31 Duration Title Venue Organiser Tel Jan 20-23 British Education Barbican EMAP Intl 071-*****47 Training Centre, Exhibitions Ltd, Technology London London Jan 19-24 International Cologne, Messe-und (49)221/ Furniture Fair Germany Aussiellungs- *****74 Gevm.b.h. Koln Jan 25-27 Fishii« Exhibition Trenton 081-680 0587 Centre, International Aberdeen Event Ltd Duration Title
    80 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 319 31 1 The coolness of people fol- j lowing a certain "economy 9 She's a bit of a harridan, —-LmJ——lmJ—Nanny is! (4) 111' 10 Competition men turn to HHfl Ifl a new 11 Dined at the back of the 1 hotel, as is natural (5) 12 A large number demand I
      319 words
    • 163 31 Singapore Outlook: Showers over several areas in the afternoon and early evening. Report Maximum temperature 30.7 Assoc humidity 69% Minimum temperature 22.5 Assoc humidity 99% Hours of sunshine 9.10 Rainfall in mm Trace Rainfall this month 278.0 Rainy days this month 9 World report Asia-Pacific Hi/Lo* Cond. Bangkok 33/22 Clear
      163 words
    • 53 31 Hi* raßKjg, p\ phon£ cp*lli ucstncikg 1 Tn<£. no rJcrncc,.... i rUU'Ti*r*e&TP#Ar>\ ve cokipiwhs *bout Mau> TUe \e.vefc*>ie. VOJOOJS J TOOCW T S co*T,ng T*: iNTeJZcsTs \ue« NOT CP&€ old p,rtv\ pihd \f rm back too much V \f FRom UJHCH we SRVS IT'S ue*«rr J MQt A C ASSOCIATED
      53 words

  • 417 32  -  Discussions of Joint Liaison Group end in impasse From Catherine Ong in HONGKONG CHINA has threatened to boycott future meetings of the Sino-British Joint Liaison Group (JLG) if Hongkong legislators pass Governor Chris Patten's proposals for political reforms. After a three-day meeting
    417 words
  • 440 32 Reuter, AFP, AP NEW DELHI Indian Prime Minister Narasimha Rao yesterday sought allies from the left in a bid to resolve a national crisis after the deaths of some 870 people in four days of violence following the destruction
    Reuter,; AFP,; AP  -  440 words
  • 195 32 Reuter GENEVA China told the world trade watchdog Gatt on Wednesday that its "socialist market economy" fitted international trading rules and called on the organisation to admit it promptly. Beijing's deputy foreign economic relations minister Tong Zhiguang also said his government
    Reuter  -  195 words
  • 314 32  -  From John Helmer in MOSCOW RUSSIAN President Boris Yeltsin, warning of a rightwing "creeping coup", yesterday called for a referendum to get rid of the conservative supreme legislature and plunged Russia into an acute political crisis. In a dramatic confrontation with the
    314 words
  • 401 32 UPI LONDON Speculation raged over the future of the British monarchy on Wednesday as constitutional experts argued over the precedents for Princess Diana becoming queen following her separation from Prince Charles. The arguments broke out after Prime Minister John Major announced in
    UPI  -  401 words
  • 928 32  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is a senior BT correspondent WITH only three weeks to go before the Asean Free Trade Area (Afta) is phased in, there is noticeably little excitement in the region.
    928 words
  • 144 32 Reuter BEIJING China plans to give its central bank Westernstyle monetary levers, such as discount rates and reserve requirements, to help break the boom-bust economic cycles that have plagued the country in the past, senior bank officials said. "The central bank will control the economy
    Reuter  -  144 words
  • Page 32 Advertisements
    • 160 32 Every Saturday in Business Times lit Computerization. Make It Simple Effective For Your Business Operations With Intellect Software Solutions A Real Open System with Unix-Based Solutions At Better Computer Service, we ensure that IT works properly for you, from service bureau, total solutions, systems Integration, software development to systems evaluation
      160 words
    • 219 32 1 COMPUTER SERVICE BUREAU COMPUTING ACCOUNTING (Numbers of employees to your requirements) (For various types sizes of businesses) We provide you with Information processing service: Billing/Invoicing 1 Debtors Statement of Accounts, Aging reports 1 Full Accounting Records Profit Loss Account Balance Sheet j Payroll Records, IRBA, Form E and Various
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    • 16 32 Editorial: Yeltsin's hard choices, Pg 12 Focus: Compromise for now, Pg 17 Queen-sized headaches, Pg 15
      16 words
    • 87 32 SHHHH»JH| I ViTJ v |£2 I k fc J j ili H L i jjlMHi I v Now Zip gives you instant boiling water every minute of the -—JL JUST TURN ON THE TAP. ZIP OUT- DATES URNS, KETTLES, COFFEE BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY
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  • Shipping Times
    • 618 33  -  By Juliette Walker SINGAPORE The Southeast Asian cruise market looks set to gather speed when Regency Cruises bases its 570-passenger Regent Spirit here from Monday. The US-based owner and operator aims to popularise cruising as an affordable year-round alternative for Asian travellers,
      618 words
    • 415 33 Reuter SINGAPORE Bunker fuel oil prices in Singapore have slumped 16 to 21 per cent in less than three weeks due to ample supplies, thin demand and tumbling crude oil prices. Industry sources said the situation could get worse in coming weeks. "This is not the
      Reuter  -  415 words
    • 1149 33 Page Col ABC Containeriine 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 5 ASCL 5 5 ASXCL Shpg 15 2
      1,149 words
    • 381 33 The Aegean Sea oil spill Reuter LA CORUNA, Spain Salvage teams, taking advantage of better weather on Wednesday, worked on pumping oil from a wrecked Greek tanker which ran aground off the north-western coast of Spain last week. "The workers are down there fixing up the apparatus,"
      Reuter  -  381 words
    • LOG BOOK
      • 70 34 LONDON The 39,384-dwt tanker Eternity is undergoing boiler repairs at Inverkip, the UK, and is expected to resume its voyage to Montreal on Saturday, according to Lloyd's Intelligence. The vessel sailed from Hamina, Finland, on Nov 25 and arrived at Inverkip on Dec
        70 words
      • 74 34 LONDON The 16,499-dwt bulk carrier Ocean Voyager is under tow to Singapore and is due to arrive on Sunday, according to Lloyd's Intelligence. The vessel sent out a distress signal after it started drifting a few miles away from rocks near Sombrero Point. The tug
        74 words
      • 53 34 LONDON An explosion occurred on Wednesday at a north London subway station, British transport police reported There were no immediate reports of casualties. An anonymous caller claiming to speak for the Irish Republican Army gave a telephone warning before the explosion at Woodside Park station
        53 words
      • 79 34 RIO DE JANEIRO Brazil's state oil monopoly Petrobras SA has agreed in principle to import crude oil and derivates worth US$6OO million (Ss9B4 million) in 1993 from Argentina's official energy corporation, Yacimientos Petroliferos Fiscales SA, a Petrobras spokesman said on Wednesday. "The contract will be
        79 words
      • 63 34 MEXICO CITY Police seized a tonne of pure cocaine from a twin-engine aircraft in the city of Merida, the Attor-ney-General's Office said on Wednesday. The drug shipment was confiscated from a Cessna that landed in Merida from Maracaibo, Venezuela, the office said, after traffickers abandoned the
        63 words
      • 135 34 CHICAGO Rail and truck com basis bids were steady at US mid-west shipping points on Wednesday with support linked to continued tight supplies of rail cars, dealers said. In the central mid-west, dealers said com harvest was neanng completion as farmers raced to beat an approaching
        135 words
    • 1433 34  -  Lockheed's acquisition of General Dynamics Corp's military aircraft division will enable the latter to reduce its debts and the former become a leader in the military aircraft industry, reports Calvin Sims Calvin Sims NYT THE post-Cold War consolidation of the American weapons industry continued on Wednesday with
      NYT  -  1,433 words
    • 559 34 Carbon Nov 26 Denaty Water Residue toi Akmriun Sednwrt MM Exxon KG/M*3 U/Vt M/M M/M PPM method 60/Cmac lints Spec E25 991 1.0 15.0 010 30* 0.10* Spec 635 991 10 18 0 0.15 30* 010* Northern Eirope 180 Ave 983 02 110 005 3 002
      559 words
    • 12063 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,063 words
    • SHIPS IN PORT
      • 598 49 Vessel Voy No Berth hmi Deparfrte Chengyun 1201 P05 1012/2300 12 12/1500 Daya Makmur 20/92 P04 10.12/1730 11 12/0600 Elona SC264C 10/12* P01A 10.12/1100 1012/1900 Elona SC264C 11/12* P01A 11.12/1100 11.12/1900 Imamui 37/92 P096 1012/1500 11 12/0600 Iwefi 40/92 P06 10.12/2000 11 12/0600 Johan Pearl 412A92 P04
        598 words
      • 120 49 fHwre Port Berth: 1: Builder II; 2: nil; 3: nil; 4: Tropical Ace; 5: Barge Munar 11; 6: Jebel Ai. 01 jetty: nd. DC J: Bunga Taniung. Due on Dec 10: Encounter, Igloo Polar, Bestari, Sri Nam Hua 3, Gutf Sultan, Barge Josindo Satu, Barge Kuala Stak V
        120 words
      • 1485 49 DELIVERY CONTAINERS IN PROGRESS s*> Voy No Containers avaiatate a* Voy No Container? avalabte DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Bosco 3 101 A 0912.92 1420 Fiaos 9233N COO(EST) 11.12.92 0230 Kota Sura KSR48N 09.12.92 1425 Aka Bhum 100WB COO(EST) 10.12.92 2300 Cafe Pegasus Planeta 09 09.12.92
        1,485 words
    • 995 50 RATES rose again for Panamax grain cargoes on the key US Gulf to Continent run, highlighting the continuing strength in the market in the run up to Christmas. Cargill paid a lumpsum equivalent of U5513.46 for around 53,474-tonnes of heavy grain, soybean and sorghum from the US Gulf
      995 words
    • 464 50 Dec 15-16: Essentials in Marine Cargo/.Vessel Insurance Ship Chartering Practice, to be held at the Harbour View Dai-Ichi Hotel, Singapore, organised by Traffic Management Consultants. For further information please contact Mae Yap at 222-8411. Mar 11-14, 1993: Japan World Resort and Cruise Fair '93, to be held at
      464 words
    • 454 52  -  By Ramesh Divyanathan SINGAPORE Singapore Airport Terminal Services (Sats) will be able to handle up to one million tonnes per annum in air freight cargo when a new air freight terminal is ready in 1995. Air freight terminal five (AFT 5)
      454 words
    • 289 52 Reuter ARLINGTON, Virginia Nasa chief Daniel Goldin, putting a new emphasis on business at the US space agency, said on Wednesday it would stress developing a hypersonic plane that he said could eclipse the Concorde by the year 2005. Mr Goldin said
      Reuter  -  289 words
    • 433 52 Public transport in Mindanao cities paralysed AP CAGAYAN DE ORO, Philippines A strike by transport workers to oppose an electricity rate increase spread yesterday, paralysing public transport in major cities of the country's second largest island. In Davao, the largest city on Mindanao
      AP  -  433 words
    • 322 52 AFP NEW DELHI Indian Airlines (1A) pilots went on an indefinite strike yesterday, disrupting flights of the country's main carrier and stranding hundreds of passengers nation-wide. The Indian Commercial Pilots Association (ICPA) said the strike began shortly after midnight on Wednesday to press the
      AFP  -  322 words
    • 235 52 Reuter MOSCOW Russia, South Korea, the United States and Japan said on Wednesday they would ask the International Civil Aviation Organisation (1CAO) to investigate the 1983 shooting down of a South Korean airliner. All 269 people on board KAL flight 007 were killed when
      Reuter  -  235 words
    • 736 52 His hiring dependent on approval of creditors, employees NYT o NEW YORK Lee A lacocca, who helped Chrysler Corp get back on its feet when it reached the brink of financial ruin, is being asked to do something similar for Trans World Airlines, which is
      NYT  -  736 words
  • Page 33 Advertisements
    • 24 33 Um* aad ttrvlctt wmmM i Klirtin tf UN Registry «f AccraM i supptag ptog towtwlw. For advertising enquiries, contact Shipping Times: 5 Tel 740-2089/740-2090.
      24 words
    • 265 33 the FAMOUS sga/MHi For more information please refer to Pg. 13 Lockheed buys General Dynamics' military aircraft business, Page 2 Sats' sth freight terminal to be ready by Back Page You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. Yourson is studying
      265 words

  • Page 34 Advertisements
    • 88 34 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
      88 words

  • Page 35 Advertisements
    • 1461 35 ipping Times, Friday December 11 199Z OOCL (S) PTE LTD JARDINE SHIPPING AOENCIEB %t|lf# *****11 FAX: *****09 mil If# BOOKINGS TEL: *****34 *****58/ *****40 ■*****^ CFS (PSA F5) TEL: *****21/ *****79 I' ***** J PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. A PORT KELANG TEL: *****18 FAX: *****91 *****88 MM PENANG
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    • 1299 35 Find out how sellers are reaching out to buyers In Advertising and Marketing. Every Thursday in BT UASC ijk J UNITED ARAB SHIPPING mi Ml wc _lft —flß— —Mil— I M ii/i2 nm *vti wti imi I S aST vti im %/v urn I luMf n i»/«i ny« mm ivtt
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    • 1399 35 ■m7.HiHHWI=i WELCOME ONBOARD! OUR NEW DEDICATED SERVICE TO WEST COAST SOUTH AMERICA PLEASE CALL *****11 Vmml Voy ETA ETD Feeder by I I See Lerfc/Aries DESTINATIONS I Thn xek Mamtic 9302 QJJ22II I I CFS^- 1 JOH LPK PEN OAK LGB MOO VPfl ATV MU CMS BAI PML NYC AWC
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  • Page 36 Advertisements
    • 1442 36 r»gc VOY NO S PORE JEDDAH (via JED) S'TON H'BURO ANT HAVRE jpflQQßsj HOECHST EXPRESS 06/349 12/12 22/12 28/12 30/12 2/1 4/1 6 1 t. DANUBE 05/150 17/12 2/1 5/1 3/1 S{H|K. LUDWIGSHAFEN EXPRESS 05/350 19/12 29/12 4/1 6/1 9/1 11/1 13/1 JJJgjMHJP 1 MONTE ROSA 22/151 24/12 12'] JJJI
      1,442 words
    • 718 36 Ezmnar FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., IB! Sole Foreign Forwarder in Kabul for al services PJJ C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, I tou Kiew, Minsk, Riga, Baku I NORA North Korea Vietnam a Mongolia e Hungary I oawrans i AGENaES (FAR BA^ T) P® 1 I Noiti
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    • 1450 36 BBaaaaaia &iai REGULAR INDEPENDENT FULL CONTAINER SERVICE WL I NORASIA SAMANTHA 9241-3 17/12 07/01 09/01 12/01 13/01 14/01 15/01 16/01 17/J1 NORASIA SUSAN 9242-3 25/12 14/01 15/01 19/01 20/01 20/01 21/01 22/01 23/ffl B. OLDOOORf 243W 30/12 21/01 23/01 25/01 26/01 27/01 2«/01 29/01 301|1 MORAVIA SWGA 9244-3 04/01 26/01
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  • Page 37 Advertisements
    • 1491 37 WW STRAITS SHIPPING PTE LTD ■Kf 10 Hoe Chiang Road #11-01 Keppd Towers JW Singapore 0208 Tel: *****8S Fax: *****17 accepts cwteo due sMis RAJAM BROOKE *2* Muoi. Lab 11-12 D« 12 0* 13 0* STRAITS STM Vl* Muwa. Lab 14-15 0* 1« Dac 17 Dec SING ATOM SHMOWWUE KIMS
      1,491 words
    • 1686 37 |)0/\ pile? Containers (Singapore A fl^ c »M) Pte Ltd I fl Afll €m 1 fIPrS 10 Ho« Chtano Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 X iXV/ O Trt: 225 RS ***** PNOCSP Fax: 225 5327/222 7517 VCMCL VOY pMS 1U MM ALO BOU MIT »T HAH VfMBL W» AWT
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  • Page 38 Advertisements
    • 622 38 r»KB NATIONAL UNE Viwimiili illlßlgfr^ TwTjfrwii —t/m\ iiwt Vbb| mwr" batmiab jrn I im/ii i«/i 23/1 26/1 V? Z ICTDSImCR W rjllcontajner SERVICE EAST COAST TOUTS wt/wr mi rw« rro Imdj I— _gj mo AUSTIAUA/***** 14/1? 26/12 31/12 JVI2 MOO lUR/***** 20/12 _22/12_ H/l »/l ,_z MBIO BYBUBTA/***** 27/1213»/12_J I>/1
      622 words
    • 1106 38 (g) HANJIN SHIPPING CM m r-=-l iw HMI SEA VCR FOR VSI SM It WE HAUL SAV LB NYC II 096E 14/12 K Wff** 12CE 1/1 10/1 HI. KWAN6YMK o*l U/12 K. *08E MCI 21/1 a/1 J6/1 I I 71/17 I M TUKMAEM7E 14/1 15/1 WNM KURSiM M2E 21/12 M.
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    • 1164 38 M/mmrzi I J _J .T J -J ilomimk*** ivuivi S/i 5/i mi 7/2 !vi u/i wi wt ivi j/i vi ivi I [StfSi wu&SW'K 31 wi ivi Si i«/i .11 K ii/ 1 28 g g 88 88 I i K4Jt a/2 »/2 i/i vj vi vi vi n/i u/1
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  • Page 39 Advertisements
    • 1689 39 II II SCX: 'NEPTUNE CRYSTAL 10E' ETA SGP 31/12/92 H arr|V|M q lqs ANGELES 17/01/93 IN 17 DAYS II FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI DAL/HOU MPH ATL NYK ST PAUL H C JUPITER 60E 16/12 C. LUNA 52E
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    • 1105 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOHMD—OtSCHAKONG WESTBOUM)-I(MaW6 TRAHSHTPS) VK
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  • Page 40 Advertisements
    • 1694 40 44 M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CR 12^«*****0H) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 li MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD m flj TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I JBa INDONESIA: P.T. SARANA LAUTINTERNUSA, TEL: JKT *****76. *****77.*****08 mmm
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    • 823 40 PHILI-OttICNT UN€5 Pl€ LTD 108 Robinson Road #07-00 GMG Buikling Singapore 0106 Tel: *****22/*****69/*****00 Tetex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... JSS* JfflU WE TAKE ON THE WORLD FOR YOU $£8 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION mAeLtMKM r~i 18 DEC SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 13 DEC
      823 words
    • 318 40 GOLDEN LINE V GUAN GUAN SHPPMG 3 \CV>T\ (PTE) LTD v a. tm *y« s»m( smstrm mm TU 5343W (II IB) f«: U4JSM (a Hi. **********000 ITmT«/WMUK QClf IMTICT S pore P Ketanc Penanf TtMt (MCE Much. CWw Djmmid 22/22 Die Z eoun mm d«*» an dk SOU** KM H*ach,
      318 words

  • Page 41 Advertisements
    • 1069 41 g£gsPll_ PACIFIC INTERNATIONAL LINES (PTE) LTD iSSSSSSSff MM mll4o Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E i JAKARTA I r&WQKQK gm t J VESSEL VOY SIN JKT 8M KOTA PCTANI 01N 12/12 15/12 10/12 KOTA INOAH 501 13/12 16/12 20/12 gmSAMUT (THAI FLAG) SRB47N 13/12
      1,069 words
    • 1618 41 ffl EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P. GUOANG PENANG I PKELANG OCEAN VSI/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) E 11/12 11/12 12/12 ALS)A 2492 15/12 1/1 3/_1 4/1 6/1 E "iiTii ii/li 19/I2 benavon 2502 22/12 0/1 ion 11/1 13/1 D 25/12 25/12
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    • 294 41 °BSA° TRANSPORTATION MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S port P.KI| Pen P GO t PATMEM VI2OW It Port »A-AN VII4W 12/15 Dm PAGAN ****** ki Port NIGERIAN NATIONAL taL SHIPPING LINE NIGERIA EXPRESS SERVICE 1\ RIVER MAJE RIVER NQADA V.50 V.50 SPORE In PI
      294 words



  • Page 44 Advertisements
    • 2252 44 Conventional Semi-Container Full Container Liner Services Liner Services tart** f tort A** ft* CtmCU.MWwM.M M. <NM Wr. tM Mi mFm Shipping t tost,r Shipping Pte LU mmmm«.». Enterprise Co Ltd gfflp- SSSgfe*, 62 Cecil Street Fax: 336 3851 Fax: 538 1116/538 1066 Singapo e 020 6 21-A Lorong Cempening, off
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    • 314 44 SAMUDOU MDONESU (S) PTC LTD I 15 McCALLUM STREET #09-41/02 NATWEST CENTRE 0108 Tata* R*****0 Tat: *****(1-3 Fax: 223 4030, *****33 fob book woo call direct uwe TEL: *****41/*****43 OM/JAK SERVICE VESSEL VOY SIN OAK PELOPOR 1058 12/12 (SAT) 15/12 (TUE) BJBE STAR 914 12/12 (SAT) 15/12 (TUE) MAJESTY 919
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  • Page 45 Advertisements
    • 626 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 13/12 ROTTERDAM 13/12 HAIFA/ASHOOD/ALEXANDRIA 13/12 HAMBURG/BREMEN 13/12 MARSEILLE/FRANCE 13/12 FELIXSTOWE/UK 13/12 BARCELONA/SPAIN 13/12 LEHAVRE/ANTWERP 13/12 GENOA/ITALY 13/12 GOTHENBURG/SCANDINAVIA 13/12 LOS ANGELES/WC/IPI 13/12 SYDNEY/MELBOURNE 14/12 NEW YORK/EC 13/12 FREMANTLE/ADELAIDE 14/12 VANCOUVER 13/12 BRISBANE 12/12
      626 words
    • 1807 45 CZa RICHFKLD MARINE AGENCIES (S) PTE LTV KrtltS^^lllSßfßnnMßßlßßnßn^H V&l TEL: *****33 <12Linw) H f |l BM^^^H||9g|tlJinM»Jll||ll|UMn||Ul^^^H I=l FAX: *****15/*****03 P"H TELEX: R8 ***** RISHIP (3 Lines) 3t\ ETHIOPIAN SMPPING LINES j (National Lines of Ethiopia) 111* k/12 10/12 nania bhum now ut li/u om 18/u MTI W 10/12 a/12 6
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  • Page 46 Advertisements
    • 1360 46 IRLAWMAC-NELS groupage I -K-/VV PENANG: (04) *****6 SIBU: (084) *****9 KUCHINQ: (082) *****3 X 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 13/12 14/12 15/12 Hoof Kong Ldn/Fb/Rdm/Ant/IHV 17/12 18/12 19/12 16/12 17/12 18/12 Honj Konf G'buri/C'hafen/S'holm/Oslo 13/12 14/12
      1,360 words
    • 249 46 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LH SM MULKXA 30S 13/12 25/12 27/12 13/1 WIST STAR MS 25/12 6/1 S/l 25/1 PROSPECT 22S 6/1 11/1 20/1 6/2 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON. ACCEPTING FCL St LCL FOR NEW PLYMOUTH, NAPIER,
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    • 1088 46 f THONG SOON UNES PTE. LTD.! M- 77 ROBINSON ROM) #15-00, #16-00 SIA BULDMG StIGAPORE 0106 I. TEL: *****5S FAX NO: *****11, *****22 I; ■Sr TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO i cowviinTOlXP^MMH: SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL J Tvor [S POKE IpEST ttSttt
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  • Page 47 Advertisements
    • 800 47 COMPANIA PERUANA de vapores "PERUVIAN STATE LINE" *C CEP TUG BREAKBUU/FCL/SOC CARGOES TO/FROM ALL AO. MA TAR AMI, 10* I OTHER PERUVIAN PORTS* «TH T/S AT KO6E ON CPV THROUGH BAi OF LAOMG. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE iCCEPTKG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOVA, MOW. TOKYO*, tANU*.
      800 words
    • 490 47 ra zim ragjl jjjmcA/CMjgyg services on |WW I 1 I WUP [WW UN Bl W Wt il mMi a tx u/u aiiA«iiMM m M/i ivi »/i n/i vt m swrr 121 n/uaiw« a/i vi vi |J/i u/i 2 momma t« vi binmi im vi wt ivi ivi M m mmm
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    • 645 47 REGULAR UNER SERVICE FIXED DAY SCHEDULE NAJD LINER SERVICE PQWT KLANQ/ JAKARTA/ INOARORg/ PORT KLANQ VOT FIO fK6 ETA KT ETA SSI M/V LEONA 92/1 1/12 Vl2 «/12 M/V LEOM S2/2 9/12 13/12 11/12 M/V LEOM 92/3 17/12 21/12 24/12 M/V LEOM 92/4 25/12 29/12 1/1 M/V LEOM 93/1 2/1
      645 words
    • 458 47 Miiuiaiißil—M FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTMG CONTAINERS TO TUTICOf«N/ BANQALORE/COCWN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRAUA/FAW EAST/WEOITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
      458 words
    • 468 47 Will SIN FMEAST 15/12 KEELUNG/KAOHSIUNG 19/12 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 SMI CHINA 14/12 GUANGZHOU/HUANGPU/SHENZHEN F UZHOU XIAMEN SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo $!N EUROPE/UK 19/12 LDN/FLX/LVP/SOU 19/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romania/Polaod/Bulgaria/Czech. SjN
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  • Page 48 Advertisements
    • 476 48 HON6 KONG/CHINA 21/12 JAKARTA 20/12 BAN6KOK 16/12 MANILA 20/12 BUSAN 21/12 KEELUNfi 22/12 TOKYO/KOBE 19/12 KAOSHIUNG 19/12 POUT KELAM6/PENAN6 21/12 COLOMBO 22/12 FELIXSTOWE/HAMBUR6 19/12 CHiTTA6ON€/MAORAS 17/12 ROTTERDAH/LE HARVE 19/12 BOMBAY/KARACHI 21/12 ANTWERP 19/12 CALCUTTA 16/12 lax/nyc 20/12 sydney/melbourne 18/12 _g~*F==\\f— CMT LINER EXPRESS AGENCIES PTE LTD gad HOT-LINE!!! *****88 For
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    • 444 48 Eonterml 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 POBT KELAMG 17 DEC MELBOURNE 18 DEC SYDNEY 18 DEC FBEMANTLE 20 DEC BRISBANE 15 DEC HAMBURG 19 DEC FELIXSTOWE 10 DEC GOTHENBURG 10
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    • 495 48 Va-1 CHINESE-POLISH TOk JOINT STOCK SHIPPING CO 1 A CONTAFO/BREAKBULK HUATUO ¥47 1/1 CASAAAMCA CMNVM. ¥07 21/1 ROTTERDAM/HAMURG/GDVNA B. PKUS ¥2C 14/12 HUAAfiPU POKOJ ¥29 10/1 DMJM/XMGMG/SHMKHM BALTIC FAR EAST SHAPING PTE LTD 2 lISTM ROM) #10-00, HMC BULOM6, STORE 0207 TP.: *****69 FAX: *****09 TLX: RS ***** BAIfES OIEL
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  • Page 49 Advertisements
    • 1108 49 Nedlloyd "NEDLLOYD ROUEN" VOY 2137S CALLS BRISBANE ETA SPORE 6th JAN. ETA BRISBANE 19th JAN 1993 I'M*' a 1 1 11 itfei 1 1 111 sr G. Bhum -B. Seroia 11/12 9/12 B Petangi/2442 15/12 2/1 3/1 5/1 6/1 7/1 5/1 6/1 Nu Ro(tefdafl /***** 15/ i 2 17/12 16/12
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  • Page 50 Advertisements
    • 303 50 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 42N8 11/12/92 18/12/92 ntDAY AND MONDAY VIGOUR SINGAPORE 42ANB 14/12/92 18/12/92 VIGOUR LUZON m 18/12/92 25/12/92 VIGOUR LUZON 7ANB 21/12/92 25/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SXGAPORE PORT KLANG PENANG ARKTIS GRACE 9229N 9/12/32 11/12/92 FLAPS
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    • 340 50 i. cosco UKC COWVCWTIOWAL «CWV»CE VESSEL PKL PNO P.O. LOAD*NO FOR: A VESSEL 28/12 Rottwdam/Antwarp CHINA CONVENTIONAL SCWVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guanoztxxj EXPORT TO: CMWA/BAWGKOtC/MONGKONO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Pleas* reter above mentioned services to CNna Ocean Shipping
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  • Page 50 Miscellaneous
    • 457 50 TODAY'S TIDES (bright in metres) MM 0000 0100 0200 0300 0400 0500 0600 0700 OftOO 0900 1000 1100 1200 1300 1400 1500 IMO 1700 1100 1900 2000 2100 2200 2300 JR 2.5 2.5 23 19 1.5 1.2 1.2 1.3 16 2.2 2.9 3.3 3.3 3.1 2.5 19 13 08 0.5
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  • Page 51 Advertisements
    • 1037 51 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PWA+ PK£+ P6D+ SM MM AHT* IDT HOI TO. SI FREEDOM 302W 10/12 11/12 12/12 13/12 1/1 1/1 2/1 £/l 2/1 5/1 H. MNOVATOR 301* 17/12 IS/12 19/12 20/12 1/1 «/l »/l 9/1 12/1 SI MAWNER 302W 24/12 25/12 26/12
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    • 454 51 I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST M RO-RO WAVY UFTS I MBOUWD VtSStLS Ivi ssi vr m uc u I sou una n su an I OKI ucm II BPT 11/11 II MOT KM M 11/U HMU/U I luiam ii 11/u I MMCcMUfKU n m/u n/u il SMBAI U
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    • 805 51 EXPORT TO: j JEDDAH/UK/CONThENT |STOK |ED SUM HW A TMM LED *Mm ActapMi Cmft Hr NDECMST EVKSS M/M9 12/12 22/12 M/ 12 2/1 4/1 C/l :to4 IB McMaMa, Mtsi mi MM DAMME M/1M 17/12 2/1 VI VI MttarMa :to a AMm AmAnMm. o*. MMM LUDMCSMAfEN EXPKSS 05/354 19/12 M/U VI
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    • 146 51 BINTAH6 MAS SHIPPING PTE. LTD. 39 NOL ROM) SINGAPORE 0208 TEL: *****8S TLX: R*****5 SJNMER FAX: *****64 *cam witsof CARGO STOK DESTVMTIM BRTMK BEL ATI V2tt 09-10 DEC 11-11 DEC BMtfu. Mi KBM mmt SOB* ¥241 11-12 OEC 13-13 DEC BMfc. IM. KBM kOCURT PEML V 2€ 12-14 DEC 14-15
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  • Page 52 Advertisements
    • 103 52 INVESTMENT Every Saturday in Business Times -ffV l Ijip^' It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by *d[ university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth
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    • 5 52 Every Saturday in Business Times
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