The Business Times, 23 December 1992

Total Pages: 48
1 48 The Business Times
  • 17 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 552/12/92 Wednesday, December 23, 1992 75 c
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  • NEWS
    • 61 1 KUALA LUMPUR All nine chief ministers of Malaysian states ruled by monarchy yesterday agreed to the proposed constitutional amendment to remove the rulers' immunity from prosecution. The special assistant to the Prime Minister, Jalaludin Baharudin, said they discussed the proposed amendment with Prime Minister
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    • 59 1 JAKARTA The president director of Astra International, Theodore Rahmat, predicted yesterday that the firm's net profit would be down by 50 per cent this year compared with last year. "This is due to the development of the economic situation, both domestic and global," he
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    • 33 1 FRESH FACES, including President Suharto's cousin, Sudwikatmono, will help the Prasetya Mulya group bail out the Soeryadjaya family following the collapse of Bank Summa, a PM member said yesterday Pg 2
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    • 33 1 FORMER Malaysian banker Lorrain Esmc Osman was denied bail yesterday despite claims that he would not receive a fair trial in Hongkong on 39 fraud and corruption charges Pg 2
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    • 26 1 COMMUNIST Vietnam and staunchly capitalist South Korea, who fought each other during the Vietnam War, re-es-tablished diplomatic ties yesterday after a 17-ycar break. Pg6
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    • 42 1 A COURT RULING that the British government had acted illegally and had ignored miners' rights in its plans for sweeping coal pit closures has further undermined the credibility of Prime Minister John Major and his government Pg7
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    • 34 1 WHEN buying a property, what is the time limit during which a buyer has to inform the seller if his checks reveal that the land will be afTcctcd by development? Pg 13
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    • 23 1 SINGAPORE-based ship manager Austen Maritime Services has earned ISO-9002 quality management certification for its marine personnel services. Shipping Times Pg 1
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  • MARKETS
    • 37 1 WALL STREET stocks moved higher in early trading yesterday, after stalling on Monday as investors consolidated profits. The Dow Jones index moved up 6.73 points (0.20 per cent) in the first five minutes to 3,319.19.
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    • 49 1 LONDON STOCKS were a little higher early yesterday, after having reached a new high earlier in the day on hopes for a stronger British economy in the near future. At 1015 GMT, the Footsie index stood at 2,814.8, up 7.2 points or 0.2 per cent from Monday.
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    • 62 1 AMCOL Holdings Ltd has proposed a bond issue with warrants to tap the market for S6O million to $100 million in low-cost funds to refinance some of its existing loans. The diversified group intends to issue a minimum of $60 million to a maximum of $100
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    • 49 1 THAILAND'S flagship carrier Thai Airways International plans to issue about 15 billion yen (SSI99 million) worth of samurai bonds and borrow US$l66 million (*****.6 million) through the US ExportImport Bank early next year to finance the recent purchase of two Boeing 747-400s, a senior executive said. Pg4
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 699.87 -7.86 Kuaia Lumpur ....644.94 +1.34 Tokyo 17,690.67 +45.23 Hongkong 5.297.74 +55.26 Sydney 1,530.1 -6.9 Monday Change New York 3.312.46 -0.81 London 2.807.7 +18.0
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    • 23 1 Exchange rates US$ S$ SSI.6365 100 Yen S$ 1.3266 MS SS 0.6309 Money market rates Overnight 3/4% -1 3/4 3-month 2 -1/4
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    • 36 1 London GoM AM fix US$334.35 -US$2.65 Rubber S'pore Jan I46.00*/kg unch M'sia Jan 227.50«/kg +0.50 KL Tin Turnover 63tonnes +6 Spot M$ 14.39 /kg +0.11 Crude palm oil Turnover 1.3741ots +476 Jan M$953 /tonne +10
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  • 525 1  -  National Productivity Board seeks higher returns By Shoeb Kagda SINGAPORE Three of the Big Four local banks will manage $200 million belonging to the Skills Development Fund. The National Productivity Board named DBS Bank, OCBC Bank and Overseas Union Bank as "agents
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  • 148 1 Reuter WASHINGTON The US economy grew less vigorously in the third quarter than first thought, with gross domestic product expanding at a 3.4 per cent annual rate in the quarter instead of 3.9 per cent as estimated a month ago. This was partly because of
    Reuter  -  148 words
  • 409 1  -  By Schutz Lee SINGAPORE Asean governments yesterday announced lists of items they intend to exclude temporarily from the tariff reduction exercise aimed at creating an Asean Free Trade Area (Afta). While the Jan I launch date was retained by all six governments, the
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  • 254 1  -  By Moiz Tyebally SINGAPORE Standard Chartered Bank has sold its Hongkong headquarters for HKS9OO million (SslB9 million), continuing with its exercise to sell property to raise capital. The property in Central, the main business area in Hongkong, was bought by listed Amoy Properties, a
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  • 310 1 Reuter BEIJING The People's Daily, stern mouthpiece of China's Communist Party, has been hauled into court in an unprecedented libel case, an official newspaper reported yesterday. The Beijing Youth News said the party paper last month finally agreed to submit to court judgement
    Reuter  -  310 words
  • 363 1  -  By Lim Soon Neo SINGAPORE The British government is preparing to lodge a protest against Senior Minister Lee Kuan Yew's comments made recently in Hongkong, the Hongkong Economic Journal said yesterday. The Chinese-language newspaper, quoting a British diplomatic source, said
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  • 97 1 AFP HONGKONG China has set up a committcc to monitor all developments in Hongkong before Beijing takes over the British colony in 1997 to see if they are acceptable, a newspaper said yesterday. Quoting Chinese sources, the Express daily said the committcc
    AFP  -  97 words
  • Page 1 Advertisements
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    • 14 1 Hock Lock Siew: What does Pac Can's new board intend to do? Pg 3
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  • PAGE 2 NEWS
    • 464 2 Astra chairman's resignation paves way for takeover by PM group AFP KnightRidder Reuter JAKARTA Fresh faces, including President Suharto's cousin, Sudwikatmono, will help the Prasetya Mulya (PM) group bail out the Soeryadjaya family following the collapse of Bank Summa. a PM
      AFP; Knight- Ridder; Reuter  -  464 words
    • SINGAPORE ROUNDUP
      • 65 2 SINGAPORE Airlines has formalised its tie-up with Malaysian Airlines and Cathay Pacific Airways to set up a joint frequent flyer programme. Yesterday, SIA confirmed that the three carriers had signed a memorandum of understanding to form an independent joint venture company to run the
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      • 34 2 EVENING restrictions on entering the Central Business District will be lifted on Christmas Eve and New Year's Eve, the Ministry of Communications said yesterday. The morning restrictions remain in place.
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      • 32 2 GERMAN Chancellor Helmut Kohl will tour Asia from Feb 18 to March 3, visiting India, Indonesia, Japan, Singapore and South Korea, it was announced on Monday.
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    • 55 2 IN A FEATURE we carried on Monday headlined "Coming up mostly dry in Myanmar", we said that two American oil firms. Apache and Trend, have decided to quit drilling operations in Myanmar. Trend has clarified that it has no intention of relinquishing its exploration blocks until it
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    • 234 2 Reuter KUALA LUMPUR British construction company Taylor Woodrow pic and German electronics firm AEG Ag will build, own and operate the first phase of Malaysia's long-delayed billiondollar light rail transit system, officials said yesterday. Sistem Transit Aliran Ringan Sdn Bhd (Star), currently
      Reuter  -  234 words
    • 295 2 The Lorrain Osman case AP HONGKONG Former Malaysian banker Lorrain Esme Osman was denied bail yesterday despite claims that he would not receive a fair trial in Hongkong on 39 fraud and corruption charges. Magistrate Hugh Sinclair refused the request because of Lorrain's efforts over
      AP  -  295 words
    • 299 2  -  By Schutz Lee SINGAPORE The number of Singapore investment projects in China this year is likely to surpass the cumulative total of projects in the preceding 13 years, predicted the Chinese commercial counsellor in Singapore. Zhu Zhenyuan said that the Chinese government had
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    • 279 2  -  Strips of land on both sides of Adam Road affected By Hong Lee Tiam SINGAPORE The governmcnt will acquire about 10,207 sq m of land for the expansion of the AdamFarrer Road interchange. As previously reported, a three-tier interchange,
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    • 309 2  -  By R Sivanithy SINGAPORE Five Singapore ships en route to the Cambodian capital. Phnom Penh, have been held up at the Vietnamese port of Vung Tau. caught unawares by a new regulation imposed by Vietnam. Vung Tau. which is at
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    • 408 2  -  By Colin Tan SINGAPORE Duke Hotel will subsequently make way for a 23-storey four-star hotel, its new owner announced yesterday during the official re-opening of the hotel, now renamed Katong Park Hotel. To be completed in five years' time, the new hotel
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    • 139 2 SINGAPORE Disk drive manufacturer Maxtor Corporation of the United States has reorganised its manufacturing and business operations here, the company announced yesterday. In a legal move that will not affect its operations, Sin-gapore-incorporated Maxtor Peripherals (S) Pte Ltd will take over the business and undertakings
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  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 438 3  -  Proceeds to be used for refinancing some loans By William Chia SINGAPORE Amcol Holdings Ltd has proposed a bond issue with warrants to tap the market for $60 millipn to $100 million in lowcost funds to refinance some of
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    • 193 3 SINGAPORE Former finance minister Goh Keng Swee has been appointed as adviser to the United Overseas Bank Group's research division with effect from Jan U 1993. r,, Dr Goh is currently the executive chairman of the Institute of East Asian Political Economy
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    • 255 3 MBT KUALA LUMPUR Cold Storage Malaysia (CSM). a member of Cycle Carriage Ltd group, will invest about Ms2s million (5515.7 million) next year to set up an integrated warehouse, cold rooms and five Guardian Pharmacy stores. Its chief executive officer, Mohamad Hasan, said
      MBT  -  255 words
    • 233 3 MBT KUALA LUMPUR Innovest Bhd has. through its wholly-owned subsidiary. Innovest Equities, sold its 33.98 per cent stake in KFC Holdings (Malaysia). It sold 30.954 million KFC shares of M$ 1 each and 9.752 million irredeemable convertible unsecured loan stock (ICULS) in the open market
      MBT  -  233 words
    • 263 3 SINGAPORE Hitachi Zosen Singapore Ltd. which concluded its successful initial public offering in October, recorded a 5 per cent increase in after-tax profits to $23.8 million for the six months ended Sep 30. 1992. The improvement came in spite of
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    • COMPANY BRIEFS
      • 72 3 KUALA LUMPUR Malaysia's Hong Leong Credit (HLC) yesterday obtained Bank Negara's approval and applied to the Panel on Takeovers and Mergers for a mandatory general offer for Ban Hin Lee Bank (BHLB). Through BHLB which has a branch at The Octagon, HLC
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      • 80 3 SINGAPORE The directors of Fraser Neave Ltd and Centrepoint Properties Ltd (CPL) yesterday announced the acquisition by CPL of 11.985,000 shares or 51 per cent of the issued share capital of Yishun Development Pte Ltd owner of five storeys of Northpoint Shopping Centre at
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      • 61 3 SINGAPORE Alexandra Holdings yesterday reported group earnings of $844,000 for the half-year ended Sep 31, 1992, up 35 per cent from $627,000 previously. Turnover rose 22 per cent to $3.15 million from $2.58 million. Profit before tax jumped 31 per cent to $1.22 million, up from
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      • 34 3 SINGAPORE United Engineers Ltd announced yesterday that its subsidiary. Graphic Communication Pte Ltd, last month registered a Hongkong company. Graphicom International Ltd, to support the exhibition industry in East Asia.
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    • 156 3 MBT KUALA LUMPUR Kamunting Corporation Bhd's group pre-tax profit dipped 7 per cent for the half-year ended Sep 30 to M$ 19.88 million (S$ 12.54 million) in spite of a 59 per cent jump in turnover to M 553.63 million. Consequently, profit
      MBT  -  156 words
    • 229 3  -  By Hong Lee Tiam SINGAPORE Listed retarter Isetan (Singapore) Ltd's irtterim net earnings plunged 40.5 per cent to $2.3 million while turnover slid 7.8 per cent to $86.3 million from a year earlier. At the pre-tax level, profit for the six months
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    • 232 3 SINGAPORE Leading can maker CMB Packaging Singapore Ltd is unlikely to buy a stake in its financially troubled rival. Pacific Can Investment Holdings Ltd. An industry source close to CMB said Pac Can's plant and machinery was older and incompatible
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    • 619 3  -  THE HOCK LOCK SIEW COLUMN What does Pac Can's new board intend to do with the company? By William Chia "LOOK before you leap!" so goes the adage, but this sound bit of advice seems to have been ignored by the entrepreneurs on the new board
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    • COMPANY BRIEFS
      • 79 4 HONGKONG The number of foreign firms setting up offices in China has reached a record high, while tax receipts from the emerging private sector has jumped to 20 billion yuan (555.7 billion). Liu Minxue, director of State Administration for Industry and Commerce, said
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      • 111 4 TAIPEI Pacific Electric Wire Cable Co (PEWC). one of Taiwan's largest cable companies, expects to increase next year its 4.8 per cent ownership in the Charoong Thai Wire Cable Wire Co, say analysts. PEWC said on Monday that it planned to raise its stake in a
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      • 78 4 LONDON The beleaguered chairman of IBM. John Akers, has recalled two highly experienced former vice-chairmen to help the company through its most challenging crisis. He told senior staff late last week that he had asked Paul Rizzo and Kaspar Cassani, both several years over IBM's
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      • 83 4 CHICAGO Sears, Roebuck and Co will announce in January that it plans to close up to 100 of its smaller stores across the US, eliminating thousands of jobs, company sources told the Chicago Tribune newspaper on Monday. At the same time, the Sears Merchandise Group would
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    • 469 4 Deals will not affect share issue plans, says airline chief Bloomberg BANGKOK Thailand's flagship carrier. Thai Airways International, plans to issue about 15 billion yen (Ssl99 million) worth of samurai bonds and borrow US$l66 million (*****.6 million) through the US
      Bloomberg  -  469 words
    • 354 4  -  From Rajendra Bajpai in NEW DELHI INDIAN companies have hurt themselves by pricing their public and rights issues at high premiums and are smarting because of unprecedented investor indifference. Market sources say issues of at least 20 companies have failed in recent weeks,
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    • 171 4 Asahi TOKYO Japan's Hong-kong-based Yaohan International Co. the city of Beijing and China Venture Investment Corp will jointly establish a wholesale and trading company early next year to take advantage of the opening of the Chinese wholesale industry to foreign capital, say Chinese government sources.
      Asahi  -  171 words
    • 328 4 FT LONDON Many multinational companies will be forced to restructure their operations or face substantial tax rises under a draft treaty between the United States and the Netherlands. Tax on dividends and interest payments from USbased businesses owned through a Dutch holding
      FT  -  328 words
    • 339 4 NYT SAN FRANCISCO Software maker Novell Inc plans to buy American Telephone Telegraph Co's Unix System Laboratories for more than US$35O million (***** million) in stock, the two companies said yesterday. Unix System Laboratories produces one version of the Unix operating system, a
      NYT  -  339 words
  • Page 3 Advertisements
    • 81 3 IN THE MARKET PAGES! •KL investors take profits 19 HK prices up for second day 22 A Breguet watch. Tke very private reward. Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Malaysia: THE
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  • Page 4 Advertisements
    • 252 4 VIENNA STOCKHOLM MOSCOW BRUSSELS HONG KONG SEOUL C M ii JIC pL JZA Iff I|§> < 4 Jlr => x* I' A Jfl 9 c > Beyond a welcoming smile. T3 c U 3 q At ANA, we understand that your comfort depends on our service. O And that the
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  • FINANCIAL NEWS
    • 428 5  -  More than USs6som raised in Singapore since May By Kooi Cho Teng SINGAPORE Bankers here expect more loans to Thai institutions to be arranged out of Thailand next year although the Thai government has invited foreign banks to set up offshore banking branches in the
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    • 289 5  -  By Moiz Tyebalty SINGAPORE Prudential Asia, the Asian investment arm of Prudential Insurance Company of America, made its first foray into the Indonesian market last week. It took up 20 billion rupiah (Ssl6 million) of the 26 billion rupiah zero coupon convertible
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    • 451 5 Reuter SINGAPORE A reshaped Nikkei-225 stock index could slow the explosive growth of the popular Nikkei futures contract listed on the Singapore International Monetary Exchange (Simex), say futures traders. Japan's Finance Minister, Yoshiro Hayashi, yesterday said the existing Nikkei-225 futures contract on
      Reuter  -  451 words
    • SMALL CHANGE
      • 103 5 KUALA LUMPUR The Malaysian currency is fundamentally strong and should stabilise soon against other currencies, says Malaysian Finance Minister Anwar Ibrahim. "There is no cause for alarm," the Malaysian Business Times newspaper quoted him as saying. "At present our currency is still strong
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      • 66 5 TOKYO Major Japanese banks' credit ratings remain under downward pressure, and more may slip to "B-class" ratings, analysts said. Japanese banks now mostly have A or double-A ratings, after cuts since 1991 that brought them down from double- or triple-A. A drop to triple-B ratings could
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      • 53 5 TOKYO Japan's Ministry of Finance has announced it will introduce new rules to restrict excessive stock futures trading by all securities firms for their own accounts. But the ministry did not specify how it would define the "excessive" futures trading that will be restricted by
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      • 76 5 LONDON Faced with a potential crisis among commercial property owners and tenants unable to buy insurance against terrorist attacks, the British government agreed on Monday to help insure buildings against damages from bombs set off by the Irish Republican Army. The government, acting under pressure
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      • 57 5 WASHINGTON Geico Corp has raised its loss estimate for Hurricane Andrew by US$lO million (5516.3 million) and issued a loss estimate of US$l3 million for the storm that lashed the northeastern US. The insurer raised the estimated loss from Hurricane Andrew to US$l45 million from the
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  • Page 5 Advertisements
    • 406 5 With the GT-6500 scanner, what you'll see is a reflection of Epson's renowned quality. jr I M r Ml In the competitive you reduce or enlarge image size from 50% to 200% in 1% world of computers and steps, giving you more flexibility. printers, Epson has But the GT-6500 gives
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  • THE REGION
    • NOTE BOOK
      • 104 6 HANOI Companies from Australia, Taiwan and Vietnam have teamed up in a US$76.B million (5549.1 million) venture to produce soda ash, the Vietnam News Agency (VNA) said yesterday. The project, launched last week in Ho Chi Minh City, is the country's biggest
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      • 99 6 HONGKONG Hongkong's output is forecast to grow 5.2 per cent in real terms in 1993, up marginally from 5 per cent this year, the Bank of East Asia said in a report yesterday. However, higher interest rates, political uncertainty in the run-up to Chinese
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      • 61 6 JAKARTA A court in Indonesia's westernmost province of Aceh will try in absentia tomorrow an alleged leader of the separatist Aceh Merdeka (Free Aceh) movement, a report said here. Darma Bakti alias Surya Darma, 32, has been allegedly involved in the movement since 1989,
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      • 91 6 BANGKOK Thailand is considering an appeal by Prince Norodom Sihanouk to several countries for 200,000 tonnes of rice to tide over a harvest shortfall in Cambodia, a Thai Commerce Ministry spokesman said here yesterday. The spokesman said the ministry had received and was studying the appeal,
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      • 74 6 MANILA The Philippines will auction ofF former First Lady Imelda Marco's jewels in May next year during which it expects to earn up to US$lB million (Ss29 million), a senior official said yesterday. Magtanggol Gunigundo, chairman of an agency assigned to recover wealth allegedly plundered
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      • 67 6 SYDNEY A Japanese freighter carrying a shipment of plutonium from France has passed through the French territorial waters of New Caledonia and is headed towards Vanuatu, environmental group Greenpeace said yesterday. A Greenpeace spokeswoman said a spotter aircraft had last sighted the Akatsuki Maru at
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    • 442 6 Move follows opening of liaison offices two months ago Reuter HANOI Communist Vietnam and staunchly capitalist South Korea, who fought each other during the Vietnam War, re-established diplomatic ties yesterday after a 17-year break. "The protocol we just signed opens a new
      Reuter  -  442 words
    • 219 6 AFP BANGKOK Thai Foreign Minister Prasong Soonsiri will make a three-day visit to Vietnam today to discuss rapidly expanding bilateral ties and outstanding problems such as disputed territorial waters. Mr Prasong, a former hardline anti-communist and erstwhile head of the National Security Council,
      AFP  -  219 words
    • 296 6 AFP MANILA President Fidel Ramos yesterday assailed past Philippine economic policies for failing to develop the country and called on government planners to take a more activist role in developing policies. Mr Ramos told personnel of the National Economic Development Authority (Neda). the
      AFP  -  296 words
    • 213 6 Bernama KUALA LUMPUR The wise counsel of the rulers on the proposed constitutional amendment to remove their immunity from prosecution would lead to the best solution to the issue, Umno vicepresident Anwar Ibrahim said yesterday. It would be in the best interests of
      Bernama  -  213 words
  • Page 6 Advertisements
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  • THE WORLD
    • 497 7 But economists see risk of recession Reuter SEOUL South Korea's central bank yesterday vowed to win the war against inflation before relaxing its austerity programme and introducing economy-boosting measures. But private-sector economists warned the government that South Korea's flagging economy might
      Reuter  -  497 words
    • 342 7 Reuter LONDON A court ruling that the British government had acted illegally and had ignored miners' rights in its plans for sweeping coal pit closures has further undermined the credibility of Prime Minister John Major and his government. Mr Major's government
      Reuter  -  342 words
    • WORLD WATCH
      • 92 7 TOKYO Prime Minister Kiichi Miyazawa sought assurances from Canadian Prime Minister Brian Mulroney yesterday that the North American Free Trade Agreement (Nafta) would remain an open trading bloc. "1 trust it is not going to become a trade fortress," Chief Cabinet Secretary Yohei Kono quoted
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      • 79 7 UNITED NATIONS UN Secretary-General Boutros Bou-tros-Ghali on Monday said the Security Council may have to consider in future a UN army in Somalia if the US refuses to disarm warlords as he feels Washington should. But he said he could not recommend such an action
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      • 69 7 TAIPEI Taiwan's biggest machinery industry group will exchange marketing information with two organisations from China from Jan 1 in an effort to further bolster already rising sales across the Taiwan Strait. The Taiwan Association of Machinery Industry finalised the details of agreements with the Liaoning Machinery-Building Industry
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      • 101 7 NEW DELHI The central government yesterday rejected the former Uttar Pradesh government's decision to give Hindi names to three districts of the state bearing Muslim titles. The then Bhartiya Janta Party government had on Oct 20 taken a decision to change the names of "Faizabad",
        101 words
    • 248 7 Reuter FRANKFURT A boycott of German goods, proposed by some members of the World Jewish Congress in retaliation for neo-Nazi violence, could be devastating for the image of Germany's industry, business analysts said on Monday. Although a boycott would have a limited impact
      Reuter  -  248 words
    • 271 7 NYT MOSCOW In spite of a series of recent setbacks for President Boris Yeltsin's drive to establish a market economy in Russia, many Western economists and experts say that the transition is likely to continue, at a slower pacc, and that the process may
      NYT  -  271 words
  • Page 7 Advertisements
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  • 482 8 EDITORIAL KIM YOUNG SAM's comfortable victory' in last Friday's presidential elections signals that the Korean electorate wants change but not at the expense of continuity in economic policies that have proved to be so rewarding for the country. Their choice is a prudent one
    482 words
  • WHAT THE OTHERS SAY
    • 299 8 APART FROM the call to duty aimed at the young, a vote for Singapore's future, or staking out the moral high ground all proper for vigorous campaigning Mr Goh Chok Tong's most vivid line in his victory remarks on Saturday night was that when
      299 words
    • 117 8 CONCERN that Singapore would lose a prime minister could be one of the key reasons why the vast majority of Marine Parade GRC voters were very careful about giving their votes to the PAP. Plus the fact that both deputy prime ministers are suffering from cancer.
      117 words
    • 100 8 BORIS YELTSIN's recent visit to Beijing was mainly to redefine the position of Sino-Russian ties. After the break-up of the former Soviet Union, Russian ties with the West were defined through Mr Yeltsin's visits to major countries there. Although Sino-Russian ties have developed well, both sides have
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  • REGIONAL VIEWPOINTS
    • 161 8 SINGAPORE'S Senior Minister, Mr Lee Kuan Yew, last week admonished Hongkong not to lessen the emphasis on English in education. Delivered in the same speech as his attacks on the governor's policies, the message was almost lost in the furore that followed. Yet it was a
      161 words
    • 222 8 THE SAFETY of deposits at banks has now become a national concern in the wake of official confirmation that the depositors of Bank Summa. which was closed last week and is now in the process of liquidation, will not be the first to be compensated with the
      222 words
    • 113 8 THE LABOUR Government of Israel is blind to the fact that mass punishment is no answer to the crimes of individuals. That is way it suffers no pangs of guilty conscience when it expelled more than 400 Palestinians from the occupied territories. The incident is likely to
      113 words
  • 828 8  -  Michael Richardson asks Malaysian Defence Minister Najib Razak about the region's major concerns when Bill Clinton enters the White House Michael Richardson IHT THE democratic administration being formed by Presidentelect Bill Clinton is likely to introduce significant changes in American policies towards Asia.
    IHT  -  828 words
  • Page 8 Advertisements
  • Page 8 Miscellaneous
    • 52 8 POONESBURY GARRY TRUDEAU A YEAR' ON6 KNOUJUtHYIOO IT? THE KIPS' If KNOUJUJHAT ONE t,lTTl£ 'a?ruM- tofT rr* BRUTAL PRUT AD CAMMtGN JW? THOUSANDS OF YOUNGSTERS TOU? ME f SHE TUCPMB SHE nc&fi? vm<LrltLn AFTER ANOTHER' fWJD SHOOK, WHO BECOME APOCTEP TO OUR UKEP SMQN6 BECfiUSE IT th4T< PRO/XmONAIrEVENTS,MER- PROPUCT&ERVMY.' MAPE
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  • ANALYSIS
    • 1133 9  -  Hoang Ngoc Nguyen discusses the severe shortage of hotel rooms in Vietnam and the impact of tourism on the hotel industry Hoang Ngoc Nguyen Hoang Ngoc Nguyen is the managing editor of the daily Saigon Newsreader news-bulletin SUDDENLY, Ho Chi Minh City, the
      1,133 words
    • 1068 9  -  Falling profits at big Japanese companies are highlighting the need to change the bloated structure of the corporations, says Hiroshi Ogino Hiroshi Ogino Asahi TEN YEARS have passed since foreign business magazines devoted much attention to Japanese-style corporate management and such practices as lifetime employment and
      Asahi  -  1,068 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 225 10 Nothing Beats A Bud. OF ORGANISE YOUR OWN KARAOKE.' It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to-5 pm. After your Penang Buffet Lunch, the Ist round of drinks during your Karaoke sessions's on
      225 words
    • 377 10 SfTv at only $13.80++* Pamper your festive palate this season with our delectable spread of traditional and local delights and at our unbelievably affordable prices too! JL FFVTIVF. BUFFET jgS Lunch $L 3.80+ (adult) $10.80**(child) Dinner $15.80+-*(adult) $12.80**(chlld) w (Available tluoeghoel Dwtniko except for dinner on J4th V b )1M
      377 words
    • 284 10 WHERE TO WINE, DINE A Golden Christmas at Plaza Hotel Cbruitma.* Eve Have a nostalgic celebration at Club 5. Showtime AAA at 11.30 pm by Asia Rvhthm. With party games and countdown by the resident rajj" 'Y Charge: $45 nett (2 drinks) Cbruitnuu* Day jf w-.. k ont nuc t
      284 words
    • 375 10 MERRY MERRY CHRISTMAS WW At the Neptune you can dance the night away at our Christmas Eve Party. Or you can sit back and enjoy our international revue show. $88 nett per diner, $45 nett per non-diner $38 nett per child below 10 yrs. For a truly celebrative time be
      375 words
  • Page 10 Miscellaneous
    • 750 10 TELEVISION AND RADIO Ror»V»plnr mum ***** S:S£T., c 2r t business on radio— rmciicuji muni ELriKWfeL- (See Our Choice). 10.00 Tequila and Bonetti (Stereo). 10.30 Teater P Ramlee (Cont'd). 7.05™, 1.30pm, s.»:>pm, l.ioam. HKTH ;IH! [l] [IT3H 800 w Have Ways of Making You "00 Wednesday on 5 Baby u.IS
      750 words

  • LIFESTYLE
    • 535 11  -  Nirmal Ghosh gives his opinion of a likely contender for next year's Oscars Nirmal Ghosh THE opening sequence of director Rob Reiner's .-I Few Good Men largely sets the tone for the movie: a cracking, spit-and-polish story of confrontation and dilemma. The pace of the film, like the
      535 words
    • 848 11  -  'Bah, humbug' will never be the same again after the Muppets sing and dance anti-Scrooge tunes. Leanne Waxman reports Leanne Waxman AP IT'S 6.15pm. Lots of kids. They wander and whine, squirm and giggle. "Tell me exactly how much longer," a blond-haired cutie demands of her father.
      AP  -  848 words
    • 700 11 CHATTERBOX A JUDGE in New York said on Monday that he wants to know how much Mia Farrow will earn from her memoirs before he decides whether her estranged companion Woody Allen will have to pay her legal fees. Judge Elliott W ilk ordered
      700 words
    • 34 11 PARIS A little night mosaic of lights illuminating traffic along the famous Champs Elysees towards the Arc de Triomphe as Christmas descends on the French capital.
      34 words
    • 607 11 Jolly Old St Nick in Winter Wonderland gets snowballed with mail towards the tail end of each year Reuter A GLASS cylinder filled with discarded babies' dummies sent in by children all over the world is proof of the universal appeal of Santa Claus. The
      Reuter  -  607 words
  • Page 11 Advertisements
    • 229 11 AND ENTERTAIN on 24 December 1992 at Cafe-in-the-Park A Festive Dinner Buffet With a selection of appetisers, entrees festive sweets $45 per adult $20 per child Hubert us Grill A sumptuous 5-course Gala Dinner With Roast Turkey or Prime Beef entree $110 per person Unkai A sizzling Teppanyaki Set Dinner
      229 words

  • Page 12 Advertisements
    • 69 12 VHJjOW pages USERS tomeum A recent survey shows that Yellow Pages users are spending more. In fact, last year they spent 3 times more than the previous I I year. So if you want to reach ready buyers, you need to have an I TV I ad in the Yellow
      69 words

  • THE LAW PAGE
    • 947 13  -  Ramesh Divyanathan on whether sellers can impose a time limit for property checks Ramesh Divyanatnan WHEN buying a property, a check of the land title and any government development plans for the area is a must. Property contracts provide for this and allow a
      947 words
    • 423 13 Shook Lin Bok being sued by former partners AT THE BAR *ji SHOOK LIN BOK. the law firm founded by the father of Singapore Chief Justice Yong Pung How. is being sued by former partners of its offices on both sides of the Causeway. The Singapore and Kuala Lumpur firms
      423 words
    • 184 13  -  By Conrad Raj JUDICIAL Commissioner Michael Hwang. 48. is returning to his former law firm. Allen Gledhill. in January after serving a year and half on the bench. He is believed to be the first JC to be returning to active practice. Joseph Grim berg
      184 words
  • Page 13 Advertisements
    • 295 13 CHOI F-STF ROr. Have it checked at our fair today. j If you're wondering what your cholesterol level is, come on down to the Health Check Care Fair at Sim Lim Square, from now till 3 January "93, and find out. Because for just $8, you'll be able to get
      295 words

  • SPORTS
    • SIDE LINES
      • 99 14 OAKLAND Free agent outfielder Ruben Sierra has signed a five-year contract to remain with the Oakland Athletics, the American League club announced on Monday. Financial terms were not disclosed but it has been reported to be worth US$3O million (Ss49 million). The 27-year-old Sierra
        99 words
      • 105 14 TORONTO World Series champion Toronto Blue Jays has signed on Australian first baseman Craig Stone. The Canadian club said on Monday that it had taken on the 17-year-old from Quakers Hill, New South Wales. Stone, who has spent the last two seasons with the Sydney
        105 words
      • 90 14 MOSCOW Russia II landed the Izvestia Cup when they came from behind to beat Czechoslovakia 2-1 in the final of the international ice hockey tournament on Monday. In a hard, physical contest, the Russian Olympic team coached by Viktor Tikhonov avenged the 4-2 defeat suffered
        90 words
      • 95 14 ATLANTA "America's team", the Dallas Cowboys, is back winning championships again. Troy Aikman threw for three touchdowns and Emmitt Smith ran for 174 yards and scored twice on 29-yard runs as the Dallas Cowboys wrapped up the NFC East title with a 41-17 rout of the
        95 words
      • 135 14 WASHINGTON A restaurant named for former National Basketball Association star Wilt "the Stilt" Chamberlain said on Monday it planned to go public, offering more than one million shares to investors. Wilt Chamberlain's Restaurants Inc, which plans to develop a nationwide chain of sportsoriented, family restaurants,
        135 words
    • 573 14 AP MONTEGO BAY, Jamaica For an instant, it seemed Greg Norman was poised at last to drive the demons out of his golf game. A three-foot putt was all he needed to climax a great final round and put away the
      AP  -  573 words
    • 304 14 Reuter MONTEGO BAY, Jamaica Nick Faldo has set his heart on golfs "impossible dream*" next year following his victory in the seasonending Johnnie Walker world championship at the weekend. The British world No. 1, who beat Australian Greg Norman at the first play-off
      Reuter  -  304 words
    • 595 14 AFP PARIS Monica Seles changed her look, toned down her grunting and made peace with the authorities. But her tennis remained as ruthless as ever and she ended 1992 as she began it as undisputed world No. 1. Seles, still only 19,
      AFP  -  595 words
    • 417 14 Relief role for veteran 49ers quarterback AP SANTA CLARA, California Joe Montana will return from a nearly two-year, inju-ry-caused absence when the San Francisco 49ers and Detroit Lions close out the NFL's regular season next Monday. Steve Young will start at quarterback for the play-oflf-bound
      AP  -  417 words
    • 600 14 AP NEW YORK Just when it looked like no AFC team could stand up to the NFC, Buffalo and San Diego have given reason to harbour hope that someone can break the conference's eight-year Super Bowl losing streak. It
      AP  -  600 words
  • Page 14 Advertisements
    • 295 14 From January 1, when you call us at SPH, whether to make an II ad booking or for enquiries, you need not bother about the M 1 II phone charges. Simply add 1800, followed by the usual seven M I I digit numbers, and we will bear the charges. No
      295 words
    • 129 14 MBA EUROPE TV University of Hull offers i full rime. 12 month MBA Furope. This unique MBA supplement, lonvrotional management module! in finance, human mount management and marketing with analysis of European and national markets, EC policymaking and lobbying, external trade policy; company law assessment of business opportunities in Fattrm
      129 words

  • FOCUS
    • 1832 15 The high cost of reunification in Germany does not inspire confidence in South Koreans NYT PRESIDENT Roh Tae Woo said not long ago that he wants to be remembered as the man who fulfilled South Korea's "aspirations for democrat isat ion". But
      NYT  -  1,832 words
  • Page 15 Advertisements
    • 400 15 Mountain L i What's the big deal about Bikes at JML A ELASTOMER FOAM? 10-20% P 1 P' Plenty. The new Inter Damp™ v A elastomenc foam springs used on Discount all PRo#FLEX Generation4rear (While Stocks m m 1 sus P ens ons are lightweight, require L ast j) I
      400 words
    • 65 15 tf»CK MV L^ GENEVE #w ■Bfc %J%F- «Y: r "Curvex Cintree Watch, 18K Rose Gold, Perpetual Calendar." <SSfflS #01-07 The Promenade. 300 Orchard Road. Spire 0923 Tel 733 0618* #01-22 Lucky Plaza. 304 Orchard Road. S pore 0923 Tel 737 4593 #02-220 Marina Square. 6 Raffles Boulevard S pore 0103
      65 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3879 16  -  By S N Vasuki AFTER an enthusiastic rally on Monday, share prices in Singapore retreated on profit-taking yesterday. The benchmark Straits Times Industrials Index dropped 22.33 points to close at 1489.16. "This once again proves that investors get into a profit-taking mood once
      3,879 words
    • Article, Illustration
      85 16  -  Paul Leo OCBC W arrant 1995 at $1.33 is about to break out of a triangle formed by joining price peaks and troughs since October on both the weekly and daily charts. Support is at $1.30 and resistance is at $1.39. A break on either side would see a
      SOURCE: BRIDGE INFO  -  85 words
  • Page 16 Advertisements
    • 51 16 Cufflinks by Mondial Exquisite designs. Many to choose from. Italian-designed, masterpieces in 18k gold jw RBjLmW set with precious stones. wff 50, choose from our wide selection and make statement today. ifflSSjfi. Main Showroom: Mondial Promenade Mr 300 Orchard Road 01-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737
      51 words

  • 3270 17 GE Life M M) 30 +2.7% SI A Foreign 17 SO t W I 7% Tiger Med 20c 178 17 10 6% B Sembawang 700 15 -t-2.2% ("enlrepoint 50c 213 +11 5.4% Spore BusK 500 680 +10 +15% Centrept Wt97 59.5 +-8 +-15 5% Avimo
    3,270 words
  • Page 17 Advertisements
    • 46 17 With over 170 million cards honoured at over 10 million establishments, MasterCard puts the whole world in your hands. And it gives k I you easy access to cash at 300,000 bank branches YOU'VE GOT THE WHOLE WOULD ATMS WOHdwide. IN YOUR HANDS i HHHHHHHHHHHHHHHHHBHHHMHHHIHHHHHHIHHMBHHHHHHHHHIHHHiHH HHBHHHBHHHHHHHBHHHiiHHHBiHBHHHHIBHHHHHHHHi
      46 words

  • 3381 18 George Kent 50c 300 +10 +3.4% Dunlop Est 505 +7 +1.4% KL kepong 227 +7 +3.2% Pttb Bk Foreign 150 +5 +3.4% MCementSOc 314 +4 +1.3% Sime Darby 50c 312 +4 +1.3% UMW 422 +4 +1.0% Afctah Hldgs 50c 125 +3 +2.5% Johan Hldgs 50c
    3,381 words
  • Page 18 Advertisements
    • 879 18 Toll free Tel No: 737 0Q43 Fax No; 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 KANA KANA PTE LTD At an Extraordinary General Meeting of KANA KANA PTE LTD duly convened and held on the 21 December 1992 the following special resolution was passed: SPECIAL RESOLUTION
      879 words
    • 299 18 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN TIIE MATTER OF ROWLEY TRADING PTE. LTD. (IN MEMBERS- VOLUNTARY LIQUIDATION) At ail Extraordinary General Meeting of the members of the company held at the registered office of the company on 23rd December 1992 at 10.00 a.m., the following
      299 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5607 19 Bernama THE Kuala Lumpur Stock Exchange took a breather yesterday with prices finishing mixed as some investors liquidated positions to take profits after the recent rally. The KLSE Composite Index closed 1.34 points higher at 644.94. due to late buying interest on selected
      Bernama  -  5,607 words

  • BT SHARE INFORMATION SERVICE
    • 274 20 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) SPH Oec 21 Aug 92 J186.682U153.802) 76(62 6) 27(25) Asia Pacific Dec 18 Sep 92 $64.193($65.969) 50 7(52 1) 429(406) F&N Dec 18 Sep 92 $72.110($57.443) 40 9(32 6) 19 2(19 2)
      274 words
    • 65 20 Company Date Year Group Net Not earnings Gross ann to profit/loss per share dividend (000) (cents) Pacific Can Dec 22 Sep 92 J2.408L(J323) -(0 5) Van Der Horst Dec 21 Sep 92 $4,4841 (12.739) -(47) -(1) C*C Oec 1 Sep 92 *65.010(571.942) 8 7(14 8) 17(17) Tunes Pub
      65 words
    • 304 20 Company Date Half-year Group Not Interim ann to profit/loss dividend COM) HK Tel Dec 21 Sep 92 HK$3.168 9a(HK$2.738 4a) 203(175) GP Batteries Oec 21 Sep 92 $8,159(17.520) 6 8TE(6 8TE) Reppel Corp Dec 21 Jun 92 $79,367($66.182) Pan Pacific Dec 21 Sep 92 $789($261L) IMC Dec 18
      304 words
    • 108 20 Mm iMrri Last Ful Tear Forecast Bate Net RetProfit EPS mmd Year EPS Cross profit Rage Rage Coapml Period lost jr eadng (cts) 4* (VOM) (ets) Marco Pile F Nov 18 Dec 92 1 8 1.5 4,925 4 5—75 1 2—20 CM last Fufl Year Forecast Date Ret
      108 words
    • 254 20 Hon Board Last Ful Year Can NiM Date Tor EPS 6ms Net mnwrif *dmg (cts) prelt M jear (STIN) tags Interim Sep 10 Oec 92 5 3 5.0 M36 «T? M|s Interim Nov 15 Mar 93 2 5 3.3 3.981 JC4M Interim Nov 15 Mar 93 2.1
      254 words
    • 694 20 Current Ex Books Date Total lor Total tor payment date dose payable the year last year USB 5"o(b) Jan 8 Jan 22 Jan 29 5% 12% And Steel 50c 12%(b) Nov 19 Dec 3 Jan 2 12% 12% Amtek Eng 20c 6%Tt Oet 4 Dec 10 Dec 30
      694 words
    • 1103 20 Dec 18 The shareholders of Sunshine ASed Investments have passed a resolution to buy over the entire stake of GCIC Singapore for $17.4 million. Benta Plantations Bhd plans to diversify into housing development in Penang, the company's first move into property development from its plantation activities. Dec 17
      1,103 words
    • 820 20 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date HoMer Shareholder/Director Sell shares Before After SPH 16/12/92 United Overseas Insurance S 10.000 91.000 655.000 0 00 645.000 0 00 08S Land 15/12/92 Street Names MND Holdings *B 23.000 44.159 286.850.000 44 30 286.873.000 44 31 06S
      820 words
    • 403 20 Company Rights Issue Amal Sled O* tor two <o MJ2 20 per share Issue ot *****m 50% Cumulative Redeemable Preference shares ot 10 sen each 1992/97 ICRPS) with up to *****m Transferable Subscription (TSR) ♦or an aggregate price of M$1 per CRPS •nth one TSR. on the basis
      403 words
    • 133 20 Menang Corporation Bhd: EGM at The Crown Princess Kuala Lumpur, Embassy 1 2. 12th Floor. City Square Centre. Jalan Tun Razak. ***** Kuala Lumpur, on Wednesday, December 23, at 11.00 am Hone Leont Credt Bhd: EGM at the Conference Room, 14th Floor. Bangunan Hong Leong, 117 Jalan Tun
      133 words
    • 62 20 Conversion Special Trdg Scripless Conversion deadline Period Trading ompanv starts (IDP) (ST) starts Alliance lech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Guthrie GTS Jan 5 Jan 26 Jan 13 Jan 26 Jan 27 S1A Dec 4 Dec 31 Dec 18 Dec 31 Jan 4
      62 words
    • 125 20 RECORD HIGHS LOWS BT Composite Index ST Mistrials tadtx IS 2? '5! ISSf uSS S t 'in! '8*8 <*2j Mill 1022.52 (16/1/91) 1991 tor 149.08 16 1/91 1990 *h: 1435.43 (16/7/90) 1990 hiftr J07.J2 27 3 90 1990 Z 981 07 09/11/90) 1990 tar 079.M (1/10/90 vzx. -ss l sss&
      125 words
    • 371 20 Company Rights Issue ASance Tcdi Three tor tive (a $100 pet share Ejdate Dec 10 Bks Close Dec 22 Acceptance and Payment NYA Guthne GTS One tot one (u SO 23 per share Li elate No« 26 Books Close Dec 8 Acceptance Payment Ian 18 krone En( One
      371 words
    • 370 20 In local curr In SS In US$ S d> yr S dy >t dy yr Dec 21 Index chge chge chge chge chge chge World 397.5 0.3 -2.6 0.0 -4.5 0.2 -5.4 iEXFE 463.0 0.4 -7.8 0.3 -10.9 0.4 -11.8 Europc Z::::::::::::::...: 429.3 0.6 4
      370 words

  • CHINA STOCK EXCHANGES
    • 422 21 CLSA TURNOVER in the Shanghai A market improved to 17.5 million shares yesterday, with the CLSA Shanghai A Index 0.9 per cent down at 4,825.35. Punters first drove up the A shares in the morning. but quick profit-taking in the afternoon pushed the market
      CLSA  -  422 words
  • JAKARTA STOCK EXCHANGE
    • 1057 21 Reuter JAKARTA stock trading was fairly active during the afternoon session yesterday but most prices closed lower along with firm selling pressure from foreign players, brokers said. The Official Index closed at 272.19. compared with Monday's 270.45. Locals remained active in Astra International
      Reuter  -  1,057 words
  • STOCK EXCHANGE OF THAILAND
    • 2116 21 Reuter INVESTORS yesterday took profits from Monday's surge, but interest continued to focus on a handful of small and medium-sized banks and property firms, brokers said. The SET Index shed 7.46 points, or 0.86 per cent, to close at 863.87 on turnover of 6.09 billion baht.
      Reuter; Source: Bridge Info  -  2,116 words
  • Page 21 Advertisements
    • 180 21 V YOUR VERY OWN HASSLE-FREE ELKmNICNm^LWmGSmiCg If news and other pertinent information on companies listed on the Stock Exchange And for a subscription fee of only $250 per month, you and your company can lof Singapore Clob International arc important to you and your business, then SPH subscribe to this
      180 words

  • TOKYO STOCK EXCHANGE
    • 2587 22 Reuter STOCKS ended firmer in thin, narrow-range trade yesterday. Brokers said investors were either on or planning vacations, with a holiday today and the year-end looming. News of plans for a new futures contract to replace the Nikkei-225 was expected and drew little reaction.
      Reuter  -  2,587 words
  • STOCK EXCHANGE OF HONGKONG
    • 2537 22 Reuter INSTITUTIONAL orders outweighed mild profittaking to hand Hongkong stocks their second gain in as many days, though turnover was extremely thin, brokers said yesterday. The blue-chip Hang Seng Index closed the day up 55.26 points, 1.05 per cent, to 5,297.74 after profit-taking
      Reuter  -  2,537 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2069 23 THE Australian share market took a breather yesterday after the major gains of reeent days, elosing lower amid forecasts of steady trading until the end of the year. "There are no major worries the market's just having a rest." said Hambros Equities' John Bowie
      Source: Bridge Info  -  2,069 words
  • REGIONAL STOCK MARKETS
    • NZ index up amid demand for forestry stocks
      • 302 23 THE New Zealand share market recovered from early weakness yesterday to end up and traders said volumes remained healthy in spite of the proximity of Christmas. Demand for forestry stocks in general and Fletcher Challenge in particular was the main feature of the market. The NZSE Capital Index
        302 words
      • 517 23 SHARE PRICES see-sawed before ending marginally lower at the close yesterday as investors sought to take positions in preparation for trading next year, brokers said. The Manila Stock Exchange Composite Index fell 8.87 midway through trading before rallying to close only 0.34 points lower at 1,207.16 from the bourse's
        517 words
      • 497 23 STOCKS ended mixed in moderate, cautious trade yesterday after Monday's 2.2 per cent fall, which was caused by the ruling party's poor performance in parliamentary elections at the weekend. The Weighted Index closed 3.88 points up at 3,579.97 while turnover fell to NT$B billion from Monday's NT$l3.5 billion. Brokers
        497 words
      • 809 23 STOCKS reversed early losses yesterday after trading during the session in a narrow range with buying focused on shares of small and medium-sized companies, brokers said. They said the market was expected to remain dormant for the few sessions remaining this year, with no news in sight to change
        809 words
      • 151 23 SHARE PRICES ended slightly higher yesterday after losing out on initial gains on account of profit-taking, brokers said. The Bombay Stock Exchange (BSE) Index closed 20 points higher at 2,562.10 after falling back from a midsession high of 2,592.09. The National Index rose 17.28 points to 1,173.74. "It is
        151 words
      • 56 23 INDICES TURNOVER Close Previous IVe 22 NEW ZEALAND NZSE-40 Capital 1.534.13 1.529 12 5.01 MANILA omposite Index 1.207.16 1.207.48 -0 34 Turnover (mil pesos) 126 172.8 -46.8 TAIPEI Weighted Price Index 3.579 97 3.576.09 3.88 Turnover (NTS billion) 8 13.5 -5.5 SEOUL Composite Stock Index 657.01 653.46 *3.55 Turnover (billion
        56 words

  • WORLD STOCK MARKETS
    • Dow edges down after Friday's surge
      • Article, Illustration
        1434 24 BLUE CHIP stocks closed slightly lower on Monday, weighed down by profittaking after surging nearly 45 points on Friday on the heaviest volume in three years. The Dow Jones Industrial Average fell 0.81 of a point to end at 3,312.46. In the broad market, losers outpaced gainers 1,019
        1,434 words
      • 283 24 DUTCH shares closed higher on Monday after a day-long rally which swept the board. Volume was low, continuing the recent trend, and there was little institutional activity. One dealer said shares had moved up in anticipation of a higher opening on Wall Street. But a disappointing opening brought the
        283 words
      • 172 24 ITALIAN shares closed higher on Monday but off session peaks, boosted by moderate buying interest in the telecommunications and insurance sectors with continued speculative activity in privatisation stocks. "It was a mixed session with some interest from European and US buyers," one broker said. "We concentrated mainly on telecoms
        172 words
      • 333 24 SWISS shares closed a quiet session mixed on Monday after the market ran out of steam in the afternoon on a lack of follow-through buying, dealers said. Losses in Nestle and Roche certificates, which have a heavy weight in the index, brought the market lower in the afternoon. Nestle
        333 words
      • 153 24 SWEDISH shares closed sharply higher on Monday in active trade on falling credit market rates and strong foreign bourses. The turn-of-the-year trade attracted buyers. "The pressure to buy is strong now and many seem not yet to have closed their books for the old year. The rise is dictated
        153 words
      • 381 24 Other markets in Europe, South Africa and Canada Paris Dec 18 FFr CORBEILLE Air-Liquide 768.00 32. Alcatcl Ansthom 666.00 13. Elf-Aquit 331.00+ 13.20 Michelin 176.00 unch OFP 113.00 Peugeot SA 574.00 18. Philips (NV Gem) 58.40 3.20 Royal Dutch 450.10 4.50 GROUP A Nestle 4335.00 80. GROUP B Lafargc 317.00
        381 words
      • Article, Illustration
        805 24 PRICES on the London Stock Exchange rose on Monday on continued optimism about an economic recovery, sending the Footsie Index of 100 leading shares up 18 points, or 0.63 per cent, to a record 2,807.7. Volume was slightly down in preholiday trading to 795.4 million shares versus 932.8 million
        805 words
      • 74 24 INDICES TURNOVER NEW YORK (lose Pretkxts Dec 21 Dow Jones S& P 500 Turnover (million) 3.312.46 440.70 225 3.313.27 441 28 371 -0.81 -0.58 146 LONDON FTSE 100 FT-30 Turnover (million) 2.807.7 2.157.0 795.4 2.789.7 2.147.6 932.8 18 0 9.4 -137.4 FRANKFURT DAX Index 1.515.58 1.492 04 +23.54 AMSTERDAM KOt
        74 words
      • 287 24 THE Frankfurt stock market put on a strong performance on Monday in low-level trading, as the DAX Spot Trend Index finished at 1,515.58 points, up by 1.58 per cent from the Friday close. That put the indicator back above the 1,500-point mark for the first time since Dec 10.
        287 words
      • 243 24 BELGIAN shares closed near to Monday's highs, their second straight day of gains, as year-end rallies on other share markets took hold in Brussels. The gains were mostly in blue chip shares, especially utility Electrabel which remained firmly in demand. The Bel-20 Index closed up 10.33 points, or 0.92
        243 words
      • 282 24 TORONTO stocks ended softer on Monday, weighed down by losses in Canadian gold shares and a round of profit-taking following last week's sharp gains, dealers said. The TSE's GqldSilver Index, taking its cue from a US$3 drop in bullion futures, slid 101.65 points to 5,225.7. The TSE-300 Index fell
        282 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKET
    • 1186 25 REPORTS THE US DOLLAR held on to early small gains and ended steady in lifeless Tokyo yesterday. The day's only feature was early dollar purchases by Japanese importers and investors, Asian dealers said. But activity was limited ahead of a Japanese market
      1,186 words
    • 399 25 Crass rates Dec 22 USS SS MS Dm Yen SFr AS NZS USS 1.6370 2.5870 1.5700 123.10 0.6423 I4t<0 1.44al 1.9324 SS 0.6109 1.5803 0.9591 75.1985 0.3923 0 8644 0.8828 1.1804 MS 0.3865 0.63 0.6069 47.5841 0.2483 0.5470 0.5586 0.7470 Dm 0.6369 1.0427 1.6478 78.41 0.4091 0.9013 0.9204
      399 words
    • 593 25 Interbank rates S$ Bid Offer ""Overnight 3/4 I 1-month 1 13/16 I 15/16 2-month 1 15/16 2 1/16 3-month 2 2 1/8 Overnight mode: 2 13/16 LSS Bid Offer 7 days 3 3 1/8 1 month 3 1/2 3 5/8 2 months 3 7/16 3 9/16 3
      593 words
    • 333 25 Reuter TOKYO Optimism that a new president will reinvigorate the US eeonomy is likely to push up the dollar against the yen early next year, say dealers here. The dollar would start the year firm because the Federal Reserve, looking at recent strong
      Reuter  -  333 words
    • 1400 25 SIMEX EUWOOOLUUt Open High Low Sett Est Vol Act/Vol Op/lnt Mar 93 96.31 96.32 96.30 96.30 5795 3950 ***** Jun 93 95.89 95.90 95.87 95.87 6250 2405 ***** Sep 93 95.42 95.43 95.40 95.41 3450 1000 5646 Dec 93 95.78 94.79 94.76 94.76 2625 698 2582 Mar 94
      1,400 words
  • Page 25 Advertisements

  • COMMODITIES
    • 371 26 Reuter BEIJING China will maintain its high profile on world metals markets next year as China's economic boom keeps demand high, says the president of Beijing's state metals trading company. Fang Dacheng, president of the China National Nonferrous Metals Import and Export
      Reuter  -  371 words
    • 228 26 Knight-Ridder TOKYO At least one Japanese oil company has been using commodity derivatives to hedge its overseas refinery margins, but government control of oil product prices will act to stifle development of a domestic market for similar derivatives, analysts say. The
      Knight-Ridder  -  228 words
    • 771 26 REPORTS THE PRICE of tin rebounded to close 11 sen higher at MS 14.39 per kg on the Kuala Lumpur Tin Market yesterday after holding steady at the M$ 14.28 per kg level for the previous two sessions. Apart from the
      771 words
    • 1619 26 Rubber RAS Commodity Exchange (futures closing as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) Buyers Sellers Close Volume Open As at 12 noon (S ccntvkg) Month High Low Sett (tonnes) Interest RSS 2 Jan 93 140.7$ 141 75N Jan 93 Feb Mar 0.00 146.00 146.50 0.00
      1,619 words
  • Page 26 Advertisements
    • 757 26 __B_U_S_l_N ESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF YAMAKURA FASTENERS PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of YAMAKURA FASTENERS PTE LTD, duly convened
      757 words

  • THE TRAVEL PAGE
    • 1263 27 City Flight ETA Flight ETD City Flight ETA Flight ETP Mi OkaM GA983 UOO GA974 0040 SQ103 0950 MH670 0950 rrrr MH605 1020 SO 106 1045 ££±f SQ105 1050 SQ108 1145 RJ182 1440 MH642 1220 MH641 1315 Amsterdam KL837 1515 KL838 0040 SQ109 1405 MH610 1410
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    • 688 27  - When all else fails try blat LETTER FROM IRKUTSK By James Flannery A COUPLE of centuries ago, Russia's tsars devised a form of group travel to deport disaffected citizens and criminals to Siberia. Then they walked, shepherded in chains, more than 4,000 km along a road known as the Iraki.
      688 words
  • 151 27 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1267 1.1426 Canadian dollar 1.2776 1.3034 NZ dollar 0.8377 0.8600 Sterling pound 2.5378 2.5735 US dollar 1.6340 1.6420 Local dollars to 100 units of foreign currenc> Austrian schilling 14.87
    151 words
  • 65 27 Duration Title Venue Organiser Tel Jan 19-24 International Cologne. Messe-und (49)221/ Furniture Fair Germany Ausstellungs*****74 Ges.no.b.h. Koln Jan 20-23 British Education Barbican EMAP Intl 071-*****47 Sl Training Centre. Exhibitions Ltd. Technology London London Duration Title Venue Organiser Td Jan 25-27 Fishing Aberdeen. Trenton 081-680 05*7 Scotland International
    65 words
  • Page 27 Advertisements
    • 41 27 Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      41 words
    • 25 27 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
      25 words
    • 73 27 WHO'S THE PRETTIEST OF THEM ALL? "Pan Lingling is the prettiest actress from SBC," says Hongkong actor James Wong. "No, I'm not; there are prettier actresses," says Lingling. So who's the prettiest actress? You decide. Pick the prettiest actress and win $10,000 worth of Chinon photographic equipment. Contest in The
      73 words
  • Page 27 Miscellaneous
    • 285 27 I 1 1 Thoughtful study given incidental regard 10 Allowed to hold Roman coin of the smallest value I j occupy empty premises despite waver (9) 12 Reference book confirms aurochs 13 Don't let Ms Durie in to French policeman pH— Kansas cinema (6) 18 I I h9 I I
      285 words
    • 168 27 Singapore Outlook: Showers over man) areas in (he afternoon and evening. Report: Maximum temperature 31.0 Assoc humidity 67% Minimum temperature 23.0 Assoc humidity 98% Hours of sunshine 7.00 Rainfall in mm 6.7 Rainfall this month 450.2 Rainy days this month 17 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/10 Clear Bangkok
      168 words
    • 32 27 I COULD HPME. DONG. "~j g^OIF \A\OPrc I -r, \n PknJD P»> o>uT I POfJ'T UIPINT THefiESPoMSIBIUT/..... I A 4 VJW X OFP LIGHTS (C^OU J T j ASSOCIATED NEWSPAPERS LTD IMMM2
      32 words

  • 383 28 Strong ringgit helps to alleviate debt margin AFP KUALA LUMPUR Malaysia's foreign reserves have exceeded its debts for the first time, spurred by an appreciation of the local ringgit currency, news reports said yesterday. The central bank's foreign reserves to date reached
    AFP  -  383 words
  • 370 28 Reuter MOSCOW Foreign Trade Minister Pyotr Avcn, one of the "inner core" of ministers behind Russia's radical economic reforms, offered his resignation yesterday, his spokesman said. Mr Aven, Moscow's chief debt negotiator with the West, is the first major member of Russia's reforming team
    Reuter  -  370 words
  • 529 28 Move a stop-gap effort to boost investment SEOUL President-elect Kim Young Sam is expected to act on his campaign pledges to revitalise South Korea's economy with a prompt cut in interest rates, economists and government officials said yesterday. The move would be a
    529 words
  • 555 28 Reuter BEIJING China will try to slow its economic boom next year to prevent overheating, but the same reforms that spurred the growth may prevent the government from taking the necessa|7 action, official reports said yesterday. "The economy has to realise (a)
    Reuter  -  555 words
  • 732 28  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist THERE IS no shortage of opinions in America on what Hillary Clinton should be. Hubby Bill Clinton is going to be just another US president, but she has already come to signify
    732 words
  • 124 28 AFP TOKYO Japan's leading economic indicator dropped sharply from a revised 333 points in September to 15 points in October, the Economic Planning Agency said in a preliminary report yesterday. It was the third consecutive month the indicator showing future economic trends fell short
    AFP  -  124 words
  • 189 28 AP LITTLE ROCK. Arkansas President-elect Bill Clinton added a long-time school reform ally and a second woman to his Cabinet on Monday and angrily criticised women's groups questioning his commitment to diversity. In tapping former South Carolina Governor Richard Riley as education secretary, xMr
    AP  -  189 words
  • 399 28 AP LONDON British Airways yesterday dropped its bid to acquire a major stake in USAir Group Inc. saying the US government would not have approved the deal to create a massive global airline partnership. British Airways had offered US$75O million (551.23
    AP  -  399 words
  • Page 28 Advertisements

  • Shipping Times
    • 500 29  -  By Juliette Walker SINGAPORE Singaporebased ship manager Austen Maritime Services has earned ISO 9002 quality management certification for its marine personnel services. The firm is part of the Swedish industrial conglomerate Stena through its 45 per cent shareholder Northern Marine Management. Austen director Kenneth
      500 words
    • 326 29 The Akatsuki Maru saga NYT TOKYO An airplane chartered by Greenpeace International has spotted the Plutonium transport vessel Akatsuki Maru escorted by not only the Shikishima. but also another patrol vessel near the Tasman Sea, Greenpeace Japan said on Monday. According to the Tokyo
      NYT  -  326 words
    • 296 29 UPI JAKARTA The commander of the Indonesian Navy's western fleet. Rear Admiral Jusuf EfTendi. said on Monday he doubted that a pirate attack killed a Britain captain and a Filipino on board a Danish freighter on Dec 11 in Indonesian waters. He
      UPI  -  296 words
    • 1149 29 Page Col ABC Containerline 12 1 Accord Group 8 1 -3 Ahrenkiei Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asian Break-Bulk 16 5 •ASCL 5 5 ASXCLShpg 15 2 Austorient Shpg 16 I Avant
      1,149 words
    • 253 29 SINGAPORE Listed Sembawang Shipyard has received an early Christmas present a contract to repair its sixth luxury liner of the year. The deluxe cruise ship Seabourn Spirit sailed out of the local yard on schedule last Sunday, six days after arriving for a refitting. While Sembawang
      253 words
    • 244 29 Bloomberg MEMPHIS, Tennessee Promus Co said on Monday it reached an agreement with the city of Vicksburg. Mississippi. for the operation of a riverboat casino. The U5535.6 million (5558.4 million) project will include construction of a 120-room hotel and redevelopment of the
      Bloomberg  -  244 words
    • LOG BOOK
      • 63 30 COPENHAGEN Major Danish shipping group AP Moeller on Monday announeed details ot' a new transatlantic shipping deal to go into effect next April. It said the deal involved rationalising shipping on Europe-US routes between AP Moeller, Sea-Land Services of the United States. Britain's
        63 words
      • 48 30 LONDON The 61,451-deadweight-tonne bulk carrier loannis M collided with the Asswan Project, fixed on the terminal, while manoeuvring for a berth at Port Said inner harboi/r on Dec 19, acocrding to Lloyd's Intelligence. Navitas Compania Maritima SA, Athens, Greece operate the Cypriottlagged vessel.
        48 words
      • 53 30 FRANKFURT Eva and Heinz Heyer from Dusseldorf being welcomed by airport officials on Monday. Eva Heyer, en route to Hongkong, is the 30,000,000 th passenger at the Frankfurt Airport this year. This was the first time that 30 million travellers passed throught the busiest airport
        53 words
      • 67 30 MOSCOW The airport of Russia's far eastern island of Sakhalin was closing on Monday for lack of fuel. Moscow radio said the second in the region to shut within a week. The radio, monitored by the British Broadcasting Corporation, said the airport in the island's
        67 words
      • 71 30 QUITO A small plane carrying Ecuador's information and tourism minister and four others crashed in dense fog here on Monday, killing all aboard, an official said. Information and Tourism Minister Pedro Zambrano, his wife, the undersecretary of tourism, an adviser and the pilot died when
        71 words
    • 1306 30  -  A rail line to serve New York's busy Kennedy, La Guardia and Newark airports may finally become a reality, reports James Dao James Dao NYT Ninety per cent of the passengers using Kennedy International Airport get there sweating and cursing and praying in a cab or
      NYT  -  1,306 words
    • 12021 38 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
      12,021 words
    • SHIPS IN PORT
      • 659 45 Vessel Voy No Berth Amval Departure Vessel Voy No Berth Arrival Departue Jurong Port Robert 708 P07 alongside 22 12/2300 Bactazar 19/10 alongside 23.12/1800 Rotwi L ****** P01A alongside 22.12/1500 Beksha 3338 020/92 J1 alongside 23.12/0900 Rovno 101 P07 alongside 22 12/2300 Briftant Reefer 9220 12/3 alongside
        659 words
      • 171 45 Penang Part Due on Dec 23: BmkJer M, Fairmast V 57, Penang Bridge On the way: Pen bunker, Hang Jun 4006, Kasturi. Nagoya 1, j 0 f N)re Ikran Maru 3002, BG. Soon Hock, Helen N. Palm Sea Horse, Hangloy, Malayan Princess, Hang Tou 905, Hang Bo 3502,
        171 words
      • 1431 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Sh|p Voy No Containers ivaiabte SMp Voy No Containers avaiabte Khd Prorokov 41E92 21.12.92 2040 Ac* Lfac 128 COO(EST) 22.12.92 1500 Benvala 25£ 21.12.92 2110 Josindo 1 2103N COO(EST) 22.12.92 2300 Snsamut SRS48N 21.12.92 2210 Merkur Delta 952A COO(EST) 22.12.92 2300
        1,431 words
    • 607 46 A STEADIER tone continued to prevail in the Atlantic freight market on Monday with good rates achieved on intra-Atlantic grain trips and on the US Gulf/Far East route, brokers said. One cargo on the latter route was fixed on a late 1970s ship at a time-charter rate of
      607 words
    • 1007 46 COURSES Shipping courses organised by Singapore National Shipping Association. 1993 Feb 3 Apr 7(10 evenings): Effective Written Communication in Shipping Management (SDF 50%). Feb 11 May 20 13 evenihgs): Principles of Shipping Documentations Practices (SDF 70%). Feb 26: 1-day Familiarisation Course on Singapore Bunkering Procedure (SDF case by
      1,007 words
    • 554 48 Justice Dept seeks to ban eight from fare pacts for 10 years AP WASHINGTON The US government on Monday accused eight major airlines of fixing prices in the nation's US$4O billion (5565.5 billion) domestic passenger business by sharing plans for fare changes
      AP  -  554 words
    • 271 48 Reuter TOKYO Nissan Motor Co Ltd forecasts its 1993 vehicle exports at 870,000, down 7.7 per cent from the year before, president Yoshifumi Tsuji said yesterday. Mr Tsuji estimated Nissan's vehicle exports at 943,000 in 1992, down 1.9 per cent from a year ago,
      Reuter  -  271 words
    • 117 48 UPI NEW DELHI After leasing Russian-piloted jetliners from Uzbekistan. India's strike-hit main domestic carrier is seeking to hire Hungarian pilots to fly similar Soviet-built aircraft, airline officials said on Monda>. Domestic flights in India have been disrupted for the past 11 days by a work
      UPI  -  117 words
    • 415 48 Reuter SEATTLE The Boeing Co on Monday denied a report that it is in talks with its European rival. Airbus Industrie. on the possibility of jointly developing a superjumbo jet that could seat 600 to 800 passengers. Both aircraft makers have
      Reuter  -  415 words
    • 478 48 AP FARO, Portugal Dutch investigators yesterday were to begin their probe into the crash of a Dutch jumbo jet that crashed with 340 people aboard. Officials listed 54 killed and four missing and feared dead. The chartered jet slammed into a runway on Monday
      AP  -  478 words
    • 646 48 AP LONDON Mention the idea of deregulated airlines and most people envision better service and cheap tickets. After all. those were the benefits touted to consumers 14 years ago when the bureaucratic shackles were unfastened in the US aviation industry.
      AP  -  646 words
  • Page 29 Advertisements
    • 46 29 Lifeline for NY airports, Page 2 •US govt files price-fixing suit against major airlines, Back Page Lines and services represented by Members of ths Registry of Accredited /a4ESEVU Shipping Apents, Singapore National Ship- lllQlJ ping Association. nMjnv] For advertising enquiries, contact Shipping Timet: Tel 740- *****740-2090.
      46 words
    • 315 29 FUJI CONTAINER LASHING SYSTEM EQUIPMENT AND FITTINGS WE PLAN, DEVELOP, DESIGN MANUFACTURE CONTAINER LASHING SYSTEM TO CATER TO YOUR NEEDS. FUJI AUTO TWISTLOCK SK-21-H TRADING (SINGAPORE) PTE LTD TEL; *****55 FAX: *****43 Someone close has been living Your son in Canada is studying for some years, overseas. You've given up
      315 words

  • Page 30 Advertisements
    • 93 30 could be a controversial deal between two stock J market stars, a thought-provoking report by Xj( university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
      93 words

  • Page 31 Advertisements
    • 4742 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES tel fax All IF/ Find out how V BOOKINGS TEL *****34 *****58/ *****40 ■llllf 7 CFS (PSA F5) TEL *****21/ *****79 H CfiAAfl *1 arP PESAKA JARDINE SHIPPING AGENCIES SON BHD L A PORT KELANG TEL *****18 FAX *****91 *****88 Hilt T. 0
      4,742 words
    • 39 31 THE FINAL COUNTDOWN "MAERSK YEAR END LOADER" TO USA DON'T MISS IT Vessel/Voy May view Maersk V 9388 m ETA 31/12/92 (1600hrs) ETD 31/12/92 (2200hrs) Closing Time 31/12/92 (1200hrs) CY 31/12/92 (0400hrs) CFS For your BOOKINGS please call 228-6611
      39 words

  • Page 32 Advertisements
    • 1598 32 AQABA R'DAM' [I MTfTTTS VOY NO S PORE JEDDAH (via JED> S TON H BURG ANT HAVRE ■ojllj MONTE ROSA 22'151 24/12 9/1 12/1 10/1 ALL WEST6OUK) DRESDEN EXPRESS 08/351 26/12 5/1 11/1 13/1 16/1 18/1 20/1 PORT KELANG t PENAMG KAMAKURA 26/152 31/12 16/1 19/1 17/1 CARGO TO UK/COffTMENT
      1,598 words
    • 617 32 CS2DHB9 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul lor all services C.1.5.-Vootochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwrans AGENCIES (FAR EAST) LTD NOUAKCHOTT BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE CANOPUS 27/12 VILLE DE PROVENCE
      617 words
    • 1607 32 MUM REGULAR INDEPENDENT FULL CONTAINER SERVICE FEL LMA I NORASIA SUSAN 9242 3 25/12 14/01 15/01 19/01 20/01' 20/01 21/01 22/01 23/01 EMRTE OtDENDORF 243W 30/12 21/01 23/01 25/01 26/01 27/01 28/01 29/01 30/01 NORASIA SJNGA 9244 3 04/01 26/01 28/01 31/01 02/02 01/02 03/02 03/02 04/02 NORASIA SHARMH 9245
      1,607 words

  • Page 33 Advertisements
    • 1986 33 STRAITS SHIPPING PTE LTD MC|| JS9V 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 accepts cargo out s*as HBNatlMiiiiißAillliHfeMliiMMiiHHß intf lUb,I Ub it SING WORE SIHANOUK VIILE STRAITS STAR VOIE KR, Skjn Tiw 23.24 &26 Dcc 26 Dfc 27 Die aciam point unmu n 0..
      1,986 words
    • 2443 33 SINGAPORE AGENT: IMt/i i AfitQ 1 T\£mc* P&O Containers (Singapore Agencies) Pte Ltd X iXVy Vil/lllCllllCl 9 10 Hoe Chiang Road #07-01 KEPPfcL TOWERS, SINGAPORE 0208 Tel 225 2233 Tele* RS ***** PNOCSP Fax 225 5327/222 7517 P 8 IP" m m J CR Number **********0Z vessel vov Fpso 'mo
      2,443 words
    • 182 33 SIM SWEE JOO SHIPPING M SDN. BHD. I REGULAR SERVICE TO BINTULU/MIRI VESSEL VOY PKL PGP KUC SIBU BTU MIDI' IWtE LOWO lATU 29 28 1? 3J WOMI JAY A t'32 v P- '2 AIT A JAYA 83 lln P- SaileC 2* 2; V| ACCEPTING FCL CONTAINERS LCI CONSOLIDATION BREAKBULK
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  • Page 34 Advertisements
    • 759 34 fg* I DJAKARTA] \W LLOYD INDONESIA NATIONAL LINE TO EUROPE EXPRESS BCMI-CON SERVICE HI j *)1 I SMI mm «*T HWC 9KMN WIHf MA lIK AM T ism 1 .'J -ti 12 26 1 T 2»/l 4/2 7/2 > TO AUSTRALIA FULL^CCJfTAJNER EAST COAST PORTS «L*Ot fill STOW STD MELB
      759 words
    • 1845 34 HANJIN SHIPPING FOR VSL I ST! LM HAUL SEA VCD fDR VSI S»» IIM HAH SAV KM NYC HANJIN KUNSAN OI2E 21 12 H. TONGHAE M7E 14/1 15/1 HANJtt KUNSAN M2E 21 12 M ASIA 0071 21/1 2S/1 31/1 FISHGUARD BAT 301N 28 12 H NEWTORK 046E 21/1 22/1 FISHGUARD
      1,845 words
    • 1322 34 —if j -|-TrJ -|"m^ Inu sgp use ws klg rus wi os* wt m iro ui cm bm ntc im im w i* m ai «t I* i a«t»t«04 j n 1211,12 vi in *1 h i 12/1 m i i 5 i it i ii/i n i 10 2
      1,322 words

  • Page 35 Advertisements
    • 1921 35 I-—Hi YEAR-END LOADER II »S> II SCX: 'NEPTUNE CRYSTAL 10E' Ml 11 SR wlr mmi II ETA SGP 31/12/92 ARRIVING LOS ANGELES 17/01/93 IN 17 DAYS P|] Singapore California express (sex) I TO POINTS I I ►1/ FEEDER VSL VOY SGP MOTHER VSL VOY SET PI.D MIN/ VESSEL VOY SGP
      1,921 words
    • 1186 35 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 EAS TBOUNO—DISCHARGING WESTBOUND LOADING
      1,186 words

  • Page 36 Advertisements
    • 1632 36 -V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CH No **********0 M) w «p TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I U MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD HV M m*l TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 r INDONESIA: P.T. SARANA LAUT INTERNUSA,
      1,632 words
    • 1084 36 PHILI-ORKNT LINCS PT€ LTP VlOB Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 Ojtf BY AIR, LAND OR SEA.... A Jfflt WE TAKE ON THE WORLD FOR YOU £XO MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION i—t in fffir lTfli nmtmmt nimp pcmci wmfM I
      1,084 words

  • Page 37 Advertisements
    • 904 37 (PACIFIC INTERNATIONAL LINES (PTE) LTD I ffsSSSSSS^ Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO 100e*****00E MfVWTTwW VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SINO MARINE 02N 29/12 2/1 ?s}?££!£»* CDiQAiiiiT ivu4i ri KOTA INDAM 3101 27/12 30/12 3/1 SRISAMUT (THAI FLAG) SRS49N 27/12 30/12
      904 words
    • 1573 37 EXPRESS CONTAINER SERVICE TO UK-NORTH WEEKLY F|p GUDANGI PENANG PKELANGI OCEAN VSL/VOY SIN SOU(1) RTM(2) HAM (3) GOT (4) E 25/12 25/12 26/12 JUTLANDIA 2512 29/12 15/1 17/1 18/1 20/1 1/1 iTi 271 SELANDIA 2522 571 2271 24/1 25/1 27/1 D 8/1 8/1 9/1 BENALDER 2532 12/1 29/1 31/1 1/2
      1,573 words
    • 282 37 BSA° TRANSPORTATION M MYANMA wMMk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdf HP*-AN VIS4W In Port PAGAN VI9IW 4/6 Jan HPA-AN VIBSW 9/11 )jr NIGERIAN NATIONAL Mk SHIPPING LINE VP NIGERIA EXPRESS SERVICE l\ RIVER NGADA V.50 SPORE 28 Jan Lagos 22 Feb
      282 words


  • Page 39 Advertisements

  • Page 40 Advertisements
    • 2068 40 Conventional Semi-Container Fuii Container Liner Services Liner Services rT Gt—ril Aft*Ac BttUat Af«b: Gettrtl Agents: Sootoaf AfMts: Gua* Cum Son e Chufl < (ft H Juan(Ja m/ 14 Wcfc Fung Shipping SMop* Frafett Boo** CrwtJ* 4|tod« Costar Shipping Pte Ltd SMf Frw*H Mhr Cootr. S* BM 58 Aersjaran Ra/a Muda
      2,068 words
    • 27 40 SPORE IBN YOUNUS OC-170 28/27 DEC Mvta/Cvtnm/ San*o Domrtc Port Au hnci ho freUd/ftcijufa/Sjn Lor«g»/C«rtit>/Pfr Caktera ■^H^huml MAKEOONUA JC-266 StJAN WftariM./ Lj Guwa'FTo Suoc/Mitaiut/ PI <t GuimadM
      27 words

  • Page 41 Advertisements
    • 643 41 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/12 ROTTERDAM 26/12 HAIFA/ASHDOO/ALEXANDRIA 26/12 HAMBURG/BREMEN 26/12 MARSEILLE/FRANCE 26/12 FELIXSTOWE/UK 26/12 BARCELONA/SPAIN 26/12 1 LEHAVRE/ANTWERP 26/12 GENOA/ITALY 26/12 GOTHENBURG/SCANDINAVIA 26/12 LOS ANGELES/WC/IPI 26/12 SYDNEY/MELBOURNE 26/12 NEW YORK/EC 26/12 FREMANTLE/ADELAIDE 25/12 VANCOUVER 26/12
      643 words
    • 738 41 rjS^icHntunEKiNt^ T EL: *****33 (12 Lines) FAX: *****15/*****03 FH TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National tines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOAOtNG fO« SPORE ABBA* WOH2 34W8 In Pi DARESSAIAAM MOMBASA DJIBOUTI ASSAS MASSAWA NETSANET 27W8 15/01 DARESSAIAAM MOMBASA OJIBOUTI ASSAB. MASSAWA
      738 words
    • 584 41 JAKARTA BANGKOK vessel wt m «i [vosa low smarm. mmuM mm BHUM 172S 23/12 26/12 MAHA BHUM 130N In PI 23/12 Sm 27/12 MTI BHUM 10S 25/12 29/12 JARU BHUM S6N En 25/12 Mon 20/12 BEMIA BHUM 5§S 26/12 30/12 NANI* BHUM 121N Sat 26/12 Wed 30/12 WAN* BHUM 173S
      584 words
    • 323 41 Sssag&a IKtn-LK VSL VOY SINGAPORE MADRAS SMGAPORE WSSL VOT Sft MM SW TIGER SIM 4M h Pvt 29 30/12 04 05 01 TIGER SfttD 23CN 21-29/12 03-05/01 10-11/01 tcu uaxm 47* 30-31/12 05*0/12 11-12/01 1 TIGER BMW 237* 04*5/01 10-12/01 17-11/01 VSL VOY SMGAPORE/CALCUTTA/SMGAPORE wssa wt a* cm. sw I
      323 words

  • Page 42 Advertisements
    • 1621 42 P4*mac-nels groupage I 1 JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 V W V P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS I PEN PKL SIN PEN PK SIN 24/12 25/12 26/12 Hong Kong Ldn/Fli/Rdm/Ant/LHV 24/12 25/12 26/12 27/12 28/12 29/12 Hone Kong Gburg/Chagen/Shofcn/Oslo
      1,621 words
    • 260 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN ML LYT sm AUST STAR S4S 25/12 6/1 8/1 25/1 PROSPECT 22S 6/1 11/1 20/1 6/2 N2 STAR 5S 19/1 31/1 2/2 19/2 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER.
      260 words
    • 1028 42 THONG SOON UNES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor Is PORE IoEST VESSEL KIT SPOtE P. KEIJUI6 EQUATOR 111 79/92E
      1,028 words

  • Page 43 Advertisements
    • 835 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. HO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BLL Of LADING iWgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOJI. TOKYO*. MANILA*, OAVAO*. Pwini* P Kelinj
      835 words
    • 679 43 ICZII Z,M Pavll Cortaliw ißorlct lAmJ N.AMERICA/CARRIBEAN SERVICES messel [not law I nwmi |<o> la» mt sa« nit Im~ A VESSL 29/12 SI lAPM IE 2(1 4/2 1/2 10 2 12/2 I ALUAMMA 7« 4,1 atnfiM IK 4/2 13/2 17/2 19/2 21/2 m **21A IME 19 1 at CAMCA 16/2
      679 words
    • 675 43 REGULAR LINER SERVICE FIXED DAY SCHEDULE NAJD LINER SERVICE PORT KLANG/ JAKARTA/ SINGAPORE/ PORT KLANG VOY ETC PUG ETA XT ETA SM M/V LEONA 52/1 I/I2 5/12 1/12 M/V lEONA 92/2 9/12 13/12 18/12 M/V LEONA 92/3 17/12 21/12 24/12 M/V LEONA 92/4 25/12 29/12 1/1 M/V LEONA 93/1 2/1
      675 words
    • 457 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED
      457 words
    • 476 43 SIN PAR EAST 29/12 KEELUNG/KAOHSIUNG 26/12 BANGKOK 28/12 MANILA/CEBU 26/12 JAKARTA/BELAWAN/SURABAYA 28/12 PORT KELANG/PENANG/E. MALAYSIA 28/12 BUSAN 27/12 TOKYO/YOKO/KOBE/NGO/OSA 28/12 HONG KONG UN CHINA 28/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 26/12 LDN/FLX/LVP/SOU 26/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA
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  • Page 44 Advertisements
    • 485 44 HONG KONG/CHINA 28/12 JAKARTA 27/12 BANGKOK 26/12 MANILA 27/12 BUSAN 28/12 KEELUNG 28/12 TOKYO/KOBE 26/12 KAOSHIUNG 26/12 PORT KELAN6/PENAN6 28/12 YOKOHAMA 26/12 COLOMBO 29/12 FELIXSTOWE/HAMBURG 26/12 CHITTAGONG/MADRAS 26/12 ROTTERDAM/LE HARVE 26/12 BOMBAY/KARACHI 28/12 ANTWERP 26/12 CALCUTTA 26/12 LAX/NYC 27/12 SYDNEY/MELBOURNE 18/12 CMT LINER EXPRESS AGENCIES PTE LTD KHBfflll HOT-LINE *****88
      485 words
    • 856 44 This Week's Sailings To: KTS To: I kTd Singapore Singapore KVKRY EVERY Bangkok WED SUN Hamburg SAT EVERY EVERY oSOI Manila FRI Ho Chi Minh FRI mrsr-' EVtRY KVKRY lg||i Colombo MON Angeles SL'N W W. tMjtt**.; Tel: Fax: Al Wm Singapore 778 6522 *****38 < <.«**. jam*. mm II
      856 words
    • 304 44 CHINESE-POLISH JOINT STOCK SHIPPING CO 1 CONTAINER/BWEAKBULK SIN HUATUO V 47 1/1 CASABLANCA CARNIVAL ¥07 28/1 ROTTEROAM/HAMBURG GDYMA POKOI V 29 15/1 DALIAN XMGANG SHANGHAI BALTIC FAR EAST SHIPPING PTE LTD 2 MtSTRI ROAO #10-00. HMC BUItDDIC. S'POM 0207 TEL: *****69 f>» *****00 TU: US ***** BAIFiS OEL ORIENT EXPRESS
      304 words

  • Page 45 Advertisements
    • 1154 45 ,gFNedlloyd FORTNIGHTLY LCL ACCEPTANCE TO CRISTOBAL AND PANAMA CITY NedlloydLines J™,"*?' Zi Z "SUP'S? mm"■ Z sLI™ G. Bhum B Seroia 25/12 23/12 NIL Atnca/2462 29/12 16/1 1//1 19/1 20/1 21/1 19/1 2U, 1 Nt L Roow/*****# 2/1 4/1 3/1 2/1 6/1 10/1 23/1 2/2 25/1 28/1 29/1 29/1 30/1
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  • Page 46 Advertisements
    • 304 46 The weekly freight market report was not available. NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA ~1 VIGOUR SINGAPORE 43N8 25/12/92 01/01/93 fkeayvc MONDAY VIGOUR SINGAPORE 43ANB 28/12/92 01/01/93 VIGOUR LUZON BMB 01/01/93 08/01/93 VIGOUR "LUZON BANB 04/01/93 08/01 93 J PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE
      304 words
    • 300 46 i. cosco UKC CONVEHTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/01 20/01 Huangpu/Guangzttou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
      300 words
    • 238 46 RCTHTH CONTAMER LINE "7 AUSTRALIA WEEKLY CONSOLIDATION BRISBANE SYDNEY ADELAIDE t MELBOURNE FREMANTLE BRISBANE FIEMANTLEf V ADELAIDE ft SJTONEY Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD 133 New Bridge Rood #09-06 Chinotown Poiot S'pore 0105 I 1 IF YOU FIND THESE DRAWINGS ATTRACTIVE —p.* WAIT TILL YOU LOOK
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  • Page 46 Miscellaneous
    • 700 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0700 0300 0400 0500 0600 0700 0800 0900 1000 1100 1?00 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 24 2,2 19 1.5 1.3 1.3 14 IS 2.3 28 3.1 30 21 2.3 IS 12 OS 0.5 0.4 0.5
      700 words

  • Page 47 Advertisements
    • 1050 47 I A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA+ PKE+ PGD+ SIN RTM ANT* LEH' HAM BK£t FEL SL MARINER 302W 24/12 25/12 26/12 27/12 15/1 15/1 16/1 16/1 16/1 19/1 H. EXPIORER 303 M 31/12 1/1 2/1 3/1 22/1 22/1 23/1 24/1 24/1 26/1 H. CHALLENGER
      1,050 words
    • 516 47 I STRAITS/ JAPAN/ STRAITS SERVICE L I SPECIALIST IN RO-RO HEAVY LIFTS I I INBOUND VESSELS I nssa voi v n rk u I cosmc challekei 22 ■pt h/u I SOM/U II 24/12 21/12 I TUMK PUU 11 25/12 21/12 I TIMS WTO W 21 12 27/12 11/12 I COSHC
      516 words
    • 762 47 EXPORTTO: JEDDAH/UK/CONTINENT ISTORE ID S lON M"BURt RHAM LEH •Mm Acc(p&* Carp Far MONTE ROSA 22/151 21/12 5/1 12/1 10/1 SauOumptai to MUK MWM Bdlul «H Mfc f*f V DKESOEN limSS 01/151 25/12 5/1 11/1 15/1 11/1 20/1 Radadan la <1 Antwrp Amttrdan. o*. HMi KAMAAURA 25/152 11/12 IC/1 15/1
      762 words
    • 134 47 BINTANG MAS SHIPPING PTE. LTD. 39 NEK. ROAD SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 ICCtm «*TS OF CARGO STOtt OCSTIMTXW MERCURY MIX V23E k» «-23 DEC Mora. labuar BMTANG BFLMT ¥271 2J24 OIC 24-25 OIC BtaMu. KM* MERCURY PEARI V2SC K-21 OIC 2«-2J KC Muara, lataar BMTANG
      134 words

  • Page 48 Advertisements
    • 67 48 Every Saturday in Business Times I ir j "tfie Eyecutive Housekeeper -this hotel) O I wants is me. Bub I'll never neglect I tViiS house, baby/ J j Jjj p-» Any job. any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New
      67 words
    • 67 48 Every Saturday in Business Times EHzSI nam n M.V. EPOCH ACE" VOY. 2 Arrived 15th December 1992 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 24th December 1992 0900 -1200 hours at PTIO. No further survey will
      67 words