The Business Times, 2 November 1993

Microfilm: NL18965
Total Pages: 48
1 48 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    14 1 Business Times MITA (P) 552/12/92 Tuesday November 2 1993 WE KNOW ASIA 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Share prices steady on Wall St
      73 1 Reuter NEW YORK Bluc-chip stocks were off slightly at midday yesterday after seesawing on gains in International Paper Co and losses in Eastman Kodak Co. The Dow Jones industrial average was down 2.51 points to 3,678.08 at I pm EST. In the broad market,
      Reuter  -  73 words
    • Article
      Lock icon McDonnell posts US$142m earnings
      60 1 AFP ST LOUIS, Missouri US aircraft manufacturer McDonnell Douglas announced yesterday third quarter earnings of US$l42 million (*****.9 million) against a US$42 million loss a year earlier. Sales were lower at U553.43 billion against US$3.B9 billion in the third quarter of 1992 because of cutbacks in
      AFP  -  60 words
  • Article, Illustration
    MARKET SUMMARY
    117 1 Stock market indices Monday Change STII 2.105 68 +3.17 KLSE Composite 967.05 -4 94 Nikkei 19.438.24 -264.73 Hang Seng 9.629.19 1 300.10 SFr Index 1.326.16 +65.25 Jakarta Composite 469.10 +2.95 C'LSA China B 1.056 06 23.33 Aust All Ord 2.132.4 +20.2 FTSE 100 3.164 4 -6 6 Monday
    117 words
  • Article, Illustration
    Telecom makes robust entry, closes at $4.14 for 54-cent premium
    599 1  -  Reports by Genevieve Cua SINGAPORE Singapore Telecom staged a strong debut yesterday when it closed at $4.14, yielding a premium of 54 cents or 15 per cent over its strike price of $3.60. The strong performance boosted market sentiment, taking
    599 words
  • Article
    Normal trading hours from tomorrow
    100 1 SINGAPORE Trading on the stock exchange will revert to normal hours tomorrow. The Stock Exchange of Singapore made the decision as there were no excessive queues and broking firms and the authorised sales centres were able to cope with the workload yev terday when Telecom
    100 words
  • Article, Illustration
    Lock icon Brunei royal family to buy New York Palace Hotel
    531 1 NYT NEW YORK The royal family of Brunei has agreed to buy the New York Palace Hotel on Madison Avenue for US$2O2 million (Ss3l9 million). The luxurious 54-storey hotel's previous name, the Helmsley Palace, became a major liability when Leona Helmsley
    NYT  -  531 words
  • Article, Illustration
    Lock icon US$ recovers against S$
    263 1  -  By Paul Leo SINGAPORE The US dollar yesterday rceovcred against the Singapore dollar from a record low of 551.5590 on Oct 6 to S$ 1.5920 as foreign fund managers liquidated their local currency holdings following the closure of Telecom's share offer last week. Applications were received
    Source: Bloomberg  -  263 words
  • Article, Illustration
    Lock icon HK and Thai markets driven through the roof
    502 1  -  By R Sivanithy SINGAPORE Cash-rich foreign investors drove share prices in Hongkong and Thailand through the roof yesterday as the region continued to benefit from an inflow of US and Japanese funds. In Hongkong, the Hang Seng Index yesterday rocketed up 300.1
    Source: Bloomberg  -  502 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      226 1 Nikon The World's Finest Photographic System Invest ini the best! CONTENTS Spore News 2 Spore-Msia 9.10,11 Regional News 3.4.b financial 14.15 World News 6 Features Markets Analysis 27 Ctob/KlSf. SES 19.20 E (Mortal 26 Regional 17 Sports 21 World 18 TV/Litestyle 23 Currencies 15 Property 24.25 S»ne«Commo 15.16 Subscription Tel
      226 words
    • Advertisement
      Page 1 Advertisements Column 2
      15 1 Former member of Island Country Club in bid to take club to court Page 2
      15 words
    • Advertisement
      Page 1 Advertisements Column 3
      157 1 Property: p K 24 Gap between freehold, leasehold natron s Turn to Page 9 for an account of the first day of TEI C TDflk |P\ trading in Telecom shares. This new column that puts a finger on the pulse of the day's trade will continue for the rest of
      157 words
    • Advertisement
      Page 1 Advertisements Column 4
      6 1 Hock Ixyck Siew: Astra shares still
      6 words
    • Advertisement
      Page 1 Advertisements Column 5
      86 1 Pk J&yyom Line: Back p K good vbiu&JJJ&ltfor Commonwealth leaders SCRIBE HAND-MADE BV BALLY ScRIHE IS Rally's exclusive collection of highly comfortable, hand-made welted shoes. They perfectly reflect Bally's total commitment to traditional craftsmanship. Each pair of Scribe shoes comes fitted with beech wood shoe trees, cotton bags, a twelve
      86 words
    • Advertisement
      Page 1 Advertisements Column 6
      10 1 Nikon The World's Finest Photographic System Invest in the best!
      10 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Container volume better than expected
        302 2  -  By Juliette Walker THE Port of Singapore Authority (PSA) is seeing container traffic steam ahead at a healthier-than-expected pace. Container throughput for the nine months ended September topped 6.6 million TEUs (20-ft equivalent units), a 19.1 per cent jump over the same period last year.
        Source: PSA  -  302 words
    • Article
      Aztech to expand into making CD-ROM drives
      396 2  -  By Bernard Chew LOCAL sound card and PC manufacturer Aztech Systems announced yesterday that it will expand into making CDROM drives, making it the second Asian company outside Japan to do so. Last July, Wearnes Technology, the technology arm of the publicly-listed Wearnes
      396 words
    • Article, Illustration
      SICC ex-member places newspaper ad to muster group legal action against club
      456 2  -  By A J Leow A FORMER member of the Singapore Island Country Club (SICC) has not only filed a suit against the club for revoking his membership but has placed a newspaper advertisement to urge members who are
      456 words
    • Article, Illustration
      Upjohn Co opens regional office in S'pore
      228 2  -  By Teh Hooi Ling THE Upjohn Company, a US pharmaceutical, chemical and agricultural products giant, has set up a regional office here to service its Asia-Pacific markets. The subsidiary, called Upjohn Inter-American Corporation, Singapore Branch, (UIAS) will be involved in the pharmaceutical and
      228 words
    • Article
      Compaq launches 10 new PCs, slashes prices by up to 16pc
      279 2 US COMPUTER maker Compaq launched 10 new personal computers (PCs) and cut its prices by up to 16 per cent yesterday. The new computers are aimed at sophisticated home users and small businesses. Some have networking capabilities and can
      279 words
    • Article
      Private hospitals fear oversupply of beds will worsen
      357 2  -  By Chuang Peck Ming PRIVATE hospitals, already in excess of beds, are worried that the oversupply will worsen. They see the present glut growing more acute because of the trend towards outpatient care and shorter hospital stay, as well as a further
      357 words
    • Article
      Date of police report made by ISD casts doubt on status of evidence tendered
      587 2  -  The OSA trial Reports by Ramesh Divyanathan DOUBT has been raised about the status of some of the evidence tendered so far in the trial of five men charged under the Official Secrets Act. The fact
      587 words
    • Article
      ISD officer told not to check sectoral leak
      369 2 THERE was no investigation into the possible leakage of secret sectoral economic data because the investigating officer's superior told him not to look into the matter. Inspector Choo Khing Seong of the Internal Security Department yesterday told the court this when, during
      369 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      217 2 S'pore-Europe container trade on the rise. Shipping Times, Pg 1 trifs tut U>e true COLOURS in yoti GIVE YOUR MCE THE EXECUTIVE TOBMEMT Diminislwd ■r the look of worry Hf linos leading to fine R»mm/arl MP-:*- l>neS the look of MjS^Rl bred baggy eyes f 7 J Diminished m the
      217 words
Page thumbnail Page 3
  • THE REGION
    • Article
      Lock icon Apec to have compromise declaration on trade
      403 3 AFP BANGKOK The Asia Pacific Economic Co-operation forum is likely to adopt a "declaration" holding the middle line between supporters of a regional free trade area and those who fear that this would weaken the General Agreement on Tariffs and Trade system. The
      AFP  -  403 words
    • Article
      Lock icon Work on second S'pore-Johor link may begin in June
      220 3 Bernama JOHOR BARU The Governments of Malaysia and Singapore are expected to sign the agreement on the construction of the Msl.6 billion (Ssl billion) second link between Johor and the republic early next year. Works Minister Leo Moggie said yesterday that
      Bernama  -  220 words
    • Article
      Vietnam ranks low as target for foreign investors
      263 3  -  By Said Abdullah SINGAPORE More than 40 per cent of multinationals surveyed on Vietnam recently by The Economist Intelligence Unit do not intend to invest there in the short term. The companies placed Vietnam low on their nearterm investment priority list, ranking
      263 words
    • Article
      Lock icon Asean oil firms approve plan to fight oil spills
      169 3 Reuter BANGKOK South-east Asian oil companies, facing explosive growth in energy demand, agreed yesterday on a plan to join forces to fight their worst nightmare a huge oil spill in their busy waters. State oil firms can now call on each
      Reuter  -  169 words
    • Article
      Lock icon Indon general's comments on succession whip up political storm
      523 3 Reuter JAKARTA Comments by an army general have triggered an open row between powerful but frustrated senior officers and allies of President Suharto, ruffling the usually placid surface of Indonesia's political waters. Academics said yesterday that remarks by Major-General Sembiring Meliala
      Reuter  -  523 words
    • Article, Illustration
      Lock icon Vietnam gets US$228m loan from World Bank, US$1b more in pipeline
      442 3 Reuter. AP HANOI The World Bank yesterday gave Vietnam two credits totalling U*****.5 million (Ss36l million) and the bank's vice-president said it planned to pump US$l billion into the country in the next three years. Signature of agreements for
      Reuter.; AP; Reuter  -  442 words
    • ASIA NOTES
      • Article
        Lock icon S Korea-US talks on ending wargames
        93 3 Reuter SFOUL Seoul and Washington will discuss cancelling next year's annual US-South Korean Team Spirit war games during security talks this week. South Korea's ambassador to the United States said yesterday. Pyongyang regularly denounces the wargames as a dress rehearsal for nuclear attack on
        Reuter  -  93 words
      • Article
        Lock icon Vietnam sees single-digit inflation
        80 3 AFP HANOI Vietnam will achieve single-digit inflation this year for the first time since launching its economic reforms, the minister in charge of the government office, Le Xuan Trinh, said in remarks published yesterday. The stabilisation of prices, which rose by 60 per cent in 1991
        AFP  -  80 words
      • Article
        Lock icon Taiwan, HK urged to cut red tape
        97 3 AFP HONGKONG Hongkong and Taiwan executives urged their respective governments yesterday to slash red tape in order to improve commercial relations between the two East Asian dynamos. In a joint meeting, the Hongkong and Taipei chambers of commerce said Taiwan should act faster
        AFP  -  97 words
      • Article
        Lock icon Officials held for fraud in Shenzhen
        91 3 AFP HONGKONG Authorities in China's special economic zone of Shenzhen have arrested 14 officials who allegedly fled overseas with public funds, a report said yesterday. The 14 arrested included the former head of a trading division of the zone's planning bureau. Wang Jianye, and
        AFP  -  91 words
      • Article
        Lock icon China pledges to fight music piracy
        67 3 AFP BEIJING China pledged yesterday to work with international bodies to fight music piracy, amid growing overseas concern about the country's booming illegal compact disc recording industry. "China's record and video companies are paying great attention to the protection of phonographic copyrights in both
        AFP  -  67 words
      • Article
        Lock icon Spaceport plan for Papua New Guinea
        80 3 AFP BRISBANE Russian space experts and an Australian firm intending to set up a Asl billion (551.07 billion) rocket launching centre will inspect two potential sites in Papua New Guinea this week, according to a statement issued on Sunday. A 12-man Russian delegation arrived
        AFP  -  80 words
    • Article
      Lock icon Asia's first financial, business TV network goes on air
      245 3 Reuter SINGAPORE A Singaporebased broadcaster went on the air yesterday as Asia's first business and financial television network, but most home viewers here will be beyond its reach. Asia Business News (ABN) began 18-hour daily broadcasts. offering the latest financial news
      Reuter  -  245 words
    • Article
      Lock icon Hongkong business upbeat as stock market soars
      482 4 Knight-Ridder HONGKONG Hongkong's political showdown with China may be around the corner, hut one wouldn't know it from looking at the colony's markets. For most sectors of the economy, business is good and is expected to get even better in the next few
      Knight-Ridder  -  482 words
    • Article, Illustration
      Lock icon China not to be blamed if HK talks fail: Li Peng
      318 4 AFP HONGKONG China is pot to be blamed if Sino-British talks fail to resolve differences over Hongkong's political reforms. Chinese Premier Li Peng told the China-watching magazine Wide Angle yesterday that "we hope agreement can be reached through the
      AFP  -  318 words
    • Article
      Lock icon Beijing to centralise financial decision-making
      154 4 Knight-Ridder HONGKONG China has drafted a scries of measures to recentralise financial decisionmaking powers and to stabilise the national currency. A Beijing-funded newspaper. Wen Wei Po, reported yesterday that chief among the proposed reforms was a move by China's central bank to resume control of
      Knight-Ridder  -  154 words
    • Article
      Lock icon China needs to speed up stock market development
      280 4 Reuter HONGKONG China needs to speed up the development of its stock markets to ease pressure on bank loans, the head of China's financial watchdog says. The Beijing-owned China News Service (CNS) yesterday quoted Liu Hongru. the chairman of China Securities Regulatory
      Reuter  -  280 words
    • Article
      Lock icon China to seek unconditional MFN status for Apec members
      277 4 AFP TOKYO China will seek most-favoured nation status for all members of the Asia-Pacific Economic Co-operation forum when it meets in Seattle this month, a senior Chinese official was quoted as saying yesterday. "We proposed that unconditional MFN treatment should be
      AFP  -  277 words
    • Article
      Lock icon S Korea posts US$502m trade surplus for October
      263 4 Reuter SEOUL South Korea's cus-toms-cleared trade posted a US$5O2 million (***** million) surplus in October compared with a deficit of US$ll7 million a year earlier. Provisional figures released by the trade ministry yesterday showed the surplus compared with a US$235 million surplus
      Reuter  -  263 words
    • Article
      Lock icon Japanese electronics firms cut research spending
      569 5 NYT TOKYO Some of Japan's leading electronics companies are trimming their research and development spending, slicing into an area that they consider vital to their long-term competitiveness. Research and development spending has been virtually immune to the sort of cutbacks that have swept capital
      NYT  -  569 words
    • Article
      Lock icon Australian housing industry expected to remain strong into next year
      414 5 Reuter CANBERRA Australia's buoyant housing industry, already long overdue for a slowdown, is likely to maintain its strength into next year, analysts said. September housing approvals, the latest in a long line of unexpectedly strong indicators, rose 2.3 per cent
      Reuter  -  414 words
    • Article
      US, UK investments in India surged in first 8 months
      257 5  -  By Nirmal Ghosh SINGAPORE Approvals for investments in India from the US and UK for the first eight months of the year were more than double that for the whole of last year, according to figures released by India's Secretariat
      257 words
    • Article, Illustration
      Lock icon Keidanren chief shows concern over Japan's economic outlook
      403 5 Bernama-Kyodo, Knight-Ridder TOKYO A prominent business leader yesterday expressed grave concern about the outlook for Japan's economic activity, pointing to growing signs of weakness. "The state of the economy is very tough, I'm seriously worried that the employment situation will get worse
      Bernama-Kyodo,; Knight-Ridder  -  403 words
    • Article
      Lock icon One in five Japanese lawmakers accept rice imports: survey
      293 5 AFP, Reuter TOKYO One in five members of Japan's Lower House favour rice imports while 65 per cent oppose replacing Japan's virtual rice import ban with tariffs, according to a newspaper survey published yesterday. The Asahi Shimbun survey on the rice
      AFP,; Reuter  -  293 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      369 3 PPP NANYANG TECHNOLOGICAL gslO UNIVERSITY V&SW CENTRE FOR CONTINUING EDUCATION presents Date: 25 Nov Duration: 7 Hours Fee: $280 The course provides participants a basic but systematic knowledge about the business environment of China It will give those who are interested in doing business with or in China a better
      369 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      98 4 GUESTS ON OUR OMNI continental club floor SHOULD BE PREPARED for something A LITTLE Space in the foyer. Space in the hallways, more space the The reason We have less rooms the Omni Continental floor than any floor the So you more the our the you the twelve above the
      98 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      135 5 R~ 'JbAktfc'C 1 > '^w r M r >^' i S H B "te. f*(V tj l fi^^ 'V v -\s 0 k iff /y I I I I I I I A||| Do you have what it takes to drive a Volvo? First you'll need a firm belief that
      135 words
Page thumbnail Page 6
  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Russia's GNP drops 11pc
        98 6 Reuter MOSCOW Russian Gross National Product fell by 11 per cent Hf January-September of 1993 compared with the same period year, Interfax news agency quoted a government report as feeing. The report, which had been prepared for this week's meeting, said industrial production fell by 17
        Reuter  -  98 words
      • Article
        Lock icon Chasing the ghost of John Kennedy
        87 6 Reuter WASHINGTON President Clinton is chasing the ghost of Qphn Kennedy making speeches where Kennedy spoke, workkg at the desk he used, seeking a common thread between fimself and the man who inspired him to embark on a life in In his brief tenure
        Reuter  -  87 words
      • Article
        Lock icon High-level US official visits China
        56 6 AP SLUING A high-level US defence official arrived on Sunday, renewing military exchanges that Washington halted four years |§o to protest China's bloody suppression of pro-democracy protests. Charles Freeman, assistant secretary of defence for regional security affairs, planned three days of meetings with senior (Jficials
        AP  -  56 words
      • Article
        Lock icon Israeli timetable for Gaza withdrawal
        83 6 AFP JERUSALEM Israel will present Palestinian negotiators with a timetable for its military withdrawal from the Gaza Strip, army sources said. Israeli and Palestine Liberation Organisation delegates. who are to hold a fourth round of talks at the Egyptian Red s*a resort of Taba. will
        AFP  -  83 words
      • Article
        Lock icon Moscow bans demonstrations on Nov 7
        74 6 Reuter MOSCOW Moscow's city government yesterday banned all nkmonstrations by political parties and groups on Communism's most cherished anniversary. Revolution Day on Nov 7, a council spokesman said. A resolution adopted by the city council said the ban was being introduced because some of
        Reuter  -  74 words
      • Article
        Lock icon For sale: UK's most expensive house
        115 6 AFP LONDON Britain's most expensive house set in London's second largest private garden is on the market for £25 million (SSS9 million) after a complete refurbishment by a Japanese property dealer. The Times reported yesterday. The Rectory, in the posh Chelsea district, comes with
        AFP  -  115 words
      • Article
        Lock icon UN team in Iraq for radiation tests
        102 6 Reuter BAGHDAD A team of International Atomic Energy Agency (lAEA) experts arrived yesterday to conduct radiation tests to make sure Iraq has abandoned its nuclear weapons programme. Richard Hooper, an American, said in Baghdad that his 13-mem-ber team will spend a week testing
        Reuter  -  102 words
    • Article
      Lock icon Maastricht Treaty comes into force without the fireworks
      554 6 AFP. Reuter BRUSSELS The European Community's Treaty on European Union came quietly into effect yesterday without any of the fireworks that marked its rocky passage. The Maastricht Treaty on closer European union, which was implemented after nearly two years of bitter squabbling
      AFP.; Reuter  -  554 words
    • Article, Illustration
      Lock icon This land is my land
      60 6 Reuter ECUADOR Workers removed the drill over the weekend on the Petroecuador exploratory rig Paujil-1 as Cofan Indians look on. Some 40 Indians armed with spears and shotguns temporarily interrupted the drilling in the Cuyabeno reserve, some 500 km north of Quito, but left peacefully
      Reuter  -  60 words
    • Article
      Lock icon Yeltsin's land decree for foreigners may unleash a revolution
      355 6 FT MOSC OW President Yeltsin's deeree permitting land to be freely bought and sold is likely to unleash a revolution in the Russian eountryside and lead to substantial foreign investment. However, ambiguities in the law and a rear guard aetion by
      FT  -  355 words
    • Article
      Lock icon Olivetti chief prepares to turn himself in
      279 6 Reuter ROME Carlo De Benedetti, one of Italy's leading businessmen, yesterday prepared to give himself up to magistrates who have ordered his arrest on corruption charges. Lawyers for Mr De Benedetti, head of the Olivetti computer firm, have said he is prepared to
      Reuter  -  279 words
    • Article
      Lock icon Consumers likely to feel the brunt of UK budget
      293 6 Knight-Ridder LONDON The UK Chancellor of the Exchequer Kenneth Clarke's budget due to be published on Nov 30 is likely to concentrate his revenue-rais-ing measures on the consumer, according to National Westminster Bank's chief economist and Head of Market Intelligence David
      Knight-Ridder  -  293 words
    • Article
      Lock icon 40pc of Americans to pay more under Clinton's health-care plan, say officials
      608 6 Bloomberg Business News. Reuter. UPI WASHINGTON President Bill Clinton's health-care proposal will raise the price of health coverage for 40 per cent of Americans. But the higher price is worth it, says Ira Magaziner. the White House health-care
      Bloomberg Business News.; Reuter.; UPI  -  608 words
    • Article, Illustration
      Lock icon Perot threatens to hold rally against Nafta when treaty comes up for a vote
      470 6 Reuter NEW YORK Ross Perot threatened on Sunday to take his campaign against the North American Free Trade Agreement to the US capital when the treaty comes up for a House vote in November. Speaking at
      Reuter  -  470 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      140 6 Senior British Executive, Permanent Resident Singapore/Malaysia, own Management Consulting Firm with offices in Kuala Lumpur and Singapore, i specialising in Business Policy, Feasibility Studies, Joint Ventures and Sales, Marketing Distribution Strategy, offers services as Executive or NonExecutive Director, consultant, Regional Representative or Board Advisor. This will appeal to companies that
      140 words
Page thumbnail Page 7
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      201 8 A dedicated freight hotline. Instant price quotes for shipments from 20 kgs to thousands of kilos. Guaranteed cost savings* And next-day delivery to the USA KP by 10.30 am. MB Can you expect the same from other air express companies? If not, call the FedEx Freight Hotline: 1-800-743-2626. When it
      201 words
Page thumbnail Page 9
  • COMPANIES & MARKETS
    • Article
      Telecom ranks No 2 among GLCs in debut price premium
      574 9  -  By Sylvia Wong SINGAPORE Punters who make a habit of slagging gov-ernment-linked companies (GLCs) were yesterday handsomely rewarded for their efforts. In its first day of trading, Singapore Telecom shot through the $4 level to close at $4.14. Though some
      574 words
    • Article
      SSL-NatSteel China theme park project delayed
      443 9  -  From Schutz Lee in QINGDAO, Shandong THE Straits Steamship LandNat Steel marine theme park project in the Shandong coastal city of Qingdao has been delayed. This was revealed at a briefing yesterday by Qingdao mayor Yu Zheng Sheng for a Singapore delegation led by
      443 words
    • Article
      Astra shares still hold good value despite recent sharp price rises
      775 9  -  HOCK LOCK SIEW By William Chia SINGAPORE Investors might be wondering why several stockbroking houses are still recommending that they buy shares in diversified motor group PT Astra International when its share price has more than doubled from 8,500
      775 words
    • Article, Illustration
      Lock icon Trading debut quieter than expected
      369 9  -  By Joyce Quek SINGAPORE Nightmares of Singaporeans wearing crash helmets and battering their way to the 133 centres to sell their Singapore Telecom shares remained just that nightmares. The reality was that few came, and even fewer sold. On the other hand, the big boys,
      Photos by Arthur Lee; Source: Bridge Info  -  369 words
    • Article
      Computer fault at bank terminals corrected promptly
      153 9 SINGAPORE Just after Singapore Telecom began its debut on the stock market yesterday morning, several terminals in bank branches across the island experienced some trouble getting into the Stock Exchange of Singapore system. The problem was quickly cor- rected within minutes. All of
      153 words
    • Article, Illustration
      Lock icon SUMMARY
      376 9 Source: Bridge Info Performance off STII's Index stocks Nov 1 I-ast Sens* Index Slock salt C'hge factor aoxn <S) <S) Asimo 1950 0 010 1.32 4.35 CAC 7 700 0 150 5.22 65.22 Cerebos 7.150 0 100 4 84 43 48 F&N 15 400 -0.100 10 43 -43 48
      Source: Bridge Info  -  376 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Additional CPF trustee stocks
          80 10 SINGAPORE The Central Provident Fund Board has included the following counters to its list of trustee stocks with effect from today: Chuan Hup Holdings notes. City Developments bond. Eu Yan Sang Holdings Loan. Industrial and Commercial Bank loan. Jack Chia-MPH bond, Lum Chang Holdings loan stock.
          80 words
        • Article
          CDL Hotels announces new CEO
          60 10 SINGAPORE Edouard AGremlich yesterday joined CDL 'Hotels International as executive director/chief executive officer. He is replacing Eddy Lee Yip Hang who has resigned. Mr Oremlich will oversee and be responsible for all of the group's hotels. He will also assist and advise the group in
          60 words
        • Article
          SSL director appointed
          48 10 SINGAPORE Straits Steamship Land has appointed Kevin Wong as a director with effect from yesterday. Mr Wong, 38, joined SSL as general manager in 1989 and was appointed executive director of the company in April. Prior to joining SSL, he was director of Richard Ellis.
          48 words
        • Article
          Tonhow's $460,000 write-off
          81 10 SINGAPORE Tonhow Industries Ltd will be writing off $460,000 as one of its customers has been declared bankrupt. The sum was for goods already supplied, completed goods which have not been delivered and work-in-progress for orders by Dancall Radio. However, the assets of Dancall Radio have been
          81 words
        • Article
          GE Life sells SPH share parcel
          46 10 SINGAPORE The Great Eastern Life Assurance Company has .sold 225,000 Singapore Press Holdings' shares between Oct 26 to 38. The net consideration received for the shares was $5.58 million. GE Life Assurance is currently still holding 20.808 million SPH shares.
          46 words
        • Article
          Lock icon Minimal effect from stamp duty rise
          53 10 Bernama KUALA LUMPUR The proposed increase in stamp duty on contract notes for share transactions is not likely to afTect the activity on the Kuala Lumpur share market. The Kuala Lumpur $tock Exchange, commenting on the Budget, said the increase could be easily absorbed
          Bernama  -  53 words
      • Article
        UNIT TRUSTS & FUNDS
        438 10 UNIT TRUSTS FUNDS Managers' prices Nov 2 Singapore Unit Trust The Commerce 1.58 1.66 The Savings Fund I 49 1.56 S'pore Prog Fund 0.67 0.70 S'porc See Fund 0.97 1.02 S'pore Invest Fund 1.12 1.18 S'pore Equity Fund 0.76 0.80 Asia Unit Trust Mai Invest Fund 2.13 2.24 Mai Prog
        438 words
      • Article, Illustration
        Auto group Gadek close to buying 90pc stake in CCM
        442 10  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Gadek Bhd, a fast-rising auto and plantation group controlled by wellconnected businessman Yahya Ahmad, is close to finalising its purchase of finance company Credit Corp Malaysia Bhd (CCM). According to bankers familiar with
        442 words
      • Article
        Lock icon Pan Global is biggest M'sian timber owner
        426 10 Bernama KUCHING Pan Global Equities Bhd today became the biggest owner of a timber concession in the country after it acquired the entire issued and paid-up capital of Limbang Trading Sdn Bhd (LTL). LTL had obtained the approval of the Sarawak state government
        Bernama  -  426 words
      • Article
        Lock icon Corporate tax cut seen extending KL bull run
        400 10 MARKET Reuter KUALA LUMPUR Malaysia's stock market, flush with local and foreign funds, is expected to extend its year-long bull run on the back of higher earnings growth following a cut in corporate taxes, analysts said yesterday. Finance Minister Anwar Ibrahim announced
        Reuter  -  400 words
      • Article
        Hwa Tat Lee to pay $17m for Actus factory in Jurong
        234 10  -  By Teh Hooi Ling SINGAPORE Furniture maker Hwa Tat Lee Holdings (HTL), which went public last month, has entered into an agreement with Actus Singapore to buy a factory in Jurong for $17 million. The single-storey factory will boost
        234 words
      • Article
        Lock icon MCB invests M$10m on wall panels factory
        265 10 Bernama KUALA LUMPUR MCB Holdings Bhd, an investment holding company, has invested MS 10 million (556.2 million) on its pre-cast concrete wall panels factory in Nilai. Negeri Sembilan. Managing director Wong Ah Chiew said after the company's 19th annual general meeting here yesterday
        Bernama  -  265 words
      • Article
        Lock icon Adviser tips M$77m pre-tax result for Southern Steel
        315 10 Bernama KUALA LUMPUR Southern Steel Bhd. which is seeking a listing on the Kuala Lumpur Stock Exchange's main hoard, is expected to register a consolidated pre-tax profit of M 577.47 million (5547.8 million) for the year ending Dec 31, 1994. Its adviser.
        Bernama  -  315 words
      • Article
        Suspension of Causeway shares to continue today
        163 10 SINGAPORE Industrial Equipment supplier Causeway Investment Ltd has asked for the suspension of trading in its shares to eontinue today as it is still negotiating an acquisition. In a brief announcement yesterday. Causeway said that it told the Stock Exchange of Singapore that
        163 words
      • Article
        DIVIDENDS ANNOUNCED
        690 10 Payment Ex Books p»> <%> dale close date AISB 50* b 5 Dec 31 ian 14 Jan 21 Bedford SO* F 2.5 Nov 3 Nov 17 Dcc 8 BMT $10 (100) F 100 Nov II Nov 23 Nov 25 Boustcad 50* F 10 Nov 19 Dcc 3 Dcc
        690 words
      • Article
        Thai prospects brighter for second half
        646 11  -  From Loh Hui Yin in BANGKOK THAI finance and securities firms, which endured a miserable first six months, can look forward to a happier set of earnings in the second half now that the stock market in Thailand is going places. Turnover on the
        646 words
      • Article
        Bangkok refiner's 70m share sale clashes with 4 big floats
        427 11  -  From Alan Boyd in BANGKOK THE National Petrochemical Corporation (NPC), which became a public company in March, will sell off 70 million shares this month a move that is expected to herald one of Thailand's biggest market flotations. Analysts have
        427 words
      • Article
        San Miguel expected to turn in strong profit this year
        599 11  -  From Al Labita in MANILA WITH brownouts tapering off, San Miguel Corp (SMC), Asean's largest food and beverage conglomerate, should post higher earnings this year, analysts say. Their projections, however, vary. DBS Securities Philippines sees the firm's net profit rising
        599 words
      • Article
        HK banks want changes in flotation system
        214 11 SINGAPORE Merchant bankers in Hongkong want the colony's share flotation procedures to be refined. They have sent a proposal to the stock exchange and the Securities and Futures Commission, a report in the Sunday Morning Post said. North American-style bookbuilding is believed to
        214 words
      • Article
        Lock icon Guoco subsidiary Dao Heng seeks HK listing
        161 11 Bloomberg Business News HONGKONG Investment and financial services concern Guoco Group has proposed the separate listing of subsidiary Dao Heng Holdings' ordinary shares on the Hongkong stock exchange. The listing, which has not been considered yet by the stock exchange, will involve a
        Bloomberg Business News  -  161 words
      • COMPANY BRIEFS
        • Article
          Lock icon Teletech plunges deeper into the red
          128 11 Bloomberg BEIJING Television manufacturer Teletech International Holdings said its net loss totalled HK545.7 million (559.3 million) in the six months ended June 30 compared with a HKS24.B million loss a year earlier. The figures are after taxes and minority interests but before extraordinary, or
          Bloomberg  -  128 words
        • Article
          Lock icon Thai Wah to issue unsecured bonds
          120 11 Bloomberg BANGKOK Thai Wah Co Ltd, a food processing firm, said in a report to the Stock Exchange of Thailand that it would issue 700 million baht (SS43 million) in unsecured debentures with warrants to existing shareholders. Shareholders are eligible to buy debentures at
          Bloomberg  -  120 words
        • Article
          Lock icon Hongkong Macau hit by land slide
          93 11 Bloomberg Business News HONGKONG Hongkong Macau (Holdings) Ltd reported that net profit for the six months ended June 30 dropped to HK565.6 million as a result of the poor real estate market in Hongkong and a decision to limit projects in China. Net profit
          Bloomberg Business News  -  93 words
        • Article
          Lock icon IBM, Mitsubishi team up in US
          95 11 AFP TOKYO Japan's Mitsubishi Electric Corp will make a portable data terminal developed by United States computer giant International Business Machines Corp for sale in the US, a company spokeswoman said yesterday. Mitsubishi will manufacture the new telecommunications device at its US plant in
          AFP  -  95 words
        • Article
          Lock icon HK car firm offers 25pc placement
          102 11 Reuter HONGKONG Vehicle distribution and service company Ankor Group L td, exclusive local distributor for Saab cars, said it would raise HK5215.8 million in an issue of new shares. A total of 195.5 million shares at HKSI.3B each are being offered, placing 25 per
          Reuter  -  102 words
      • Article
        Lock icon Investors rush into booming Philippine equities markets
        580 11 Reuter MANILA Foreign and local investors are scrambling to get into the soaring Philippine equities market in hopes of an even bigger boom in 1994, analysts say. One of the best performing stock markets in the world this year, the country's two exchanges
        Reuter  -  580 words
      • COMPANY BRIEFS
        • Article
          Lock icon British Steel wins Bethlehem order
          78 12 Bloomberg Business News LONDON British Steel pic has won, from Bethlehem Steel Corp, its first overseas order for its system reducing the amount of coke needed in blast furnaces, the Financial Times reported. Bethlehem Steel will install a system for injecting granular coal into the
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Foster's sells stake in Australia Meat
          65 12 Reuter SYDNEY Foster's Brewing Group Ltd said it has sold its 45 per cent stake in Australia Meat Holdings for about Asloo million (Sslos million). Foster's said the sale to other current shareholders in Australia Meat Holdings ConAgra International Inc and Australian interests associated
          Reuter  -  65 words
        • Article
          Lock icon Thorn EMI shares rise on market tip
          65 12 Reuter LONDON Shares in rental and music group Thorn EMI pic gained after an article in the Independent on Sunday newspaper tipped the group as a possible partner in British Telecommunications pic. Thorn rose as high as 970p, up 19p, in early trade
          Reuter  -  65 words
        • Article
          Lock icon Legal and General hit by probe fears
          60 12 Reuter LONDON Worries that life assurance group Legal and General pic was one of the firms under investigation by regulator Lautro sent the stock 12p lower to 513 p. The market was worried the group was one of the life assurance firms involved
          Reuter  -  60 words
        • Article
          Lock icon Draka seals takeover of Philips' unit
          97 12 Reuter AMSTERDAM Cable maker Draka Holding NV said it had sealed the takeover of Philips Electronics NV's optical fibre unit in Eindhoven and of a 37.5 per cent stake in Yangtze Optical Fibre and Cable Company Ltd from Philips. Draka did not give financial
          Reuter  -  97 words
      • Article, Illustration
        Lock icon Canary Wharf is back in business
        642 12 Revival of the huge property development augurs well for the depressed docklands LONDON Canary Wharf, Europe's largest new office development, re-emerged from receivership on Friday, aided by an official green light from the British High Court, by fresh funds from its lenders and by
        Reuter  -  642 words
      • Article
        Lock icon New Commonwealth Bank shares end at a premium
        195 12 Reuter SYDNEY The Australian government's move to sell another 19.9 per cent of the Commonwealth Bank proved a bonanza for investors as the stock rode a general market upswing to close at a hefty premium to the issue price. The new shares,
        Reuter  -  195 words
      • Article
        Lock icon Coles sales rise 2pc on rebound in economy
        271 12 Reuter MELBOURNE Coles Myer Ltd, Australia's biggest retailer, said its sales rose 2 per cent to A 53.61 billion (SS3.B billion) in the 13 weeks ended October 24 compared with AJ3.54 billion a year earlier. Chief executive officer Peter Bartels said most
        Reuter  -  271 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Citicorp to open rep office in Vietnam
          95 14 Reuter HANOI Citicorp unit Citibank, the second US bank to set up shop in Vietnam, will formally open its representative office in Hanoi on Nov 11, bank officials said. It joins Bank of America, which opened a representative office in the capital earlier
          Reuter  -  95 words
        • Article
          Lock icon Japan's CCPC buys 16 bad loans
          73 14 Reuter TOKYO The Cooperative Credit Purchasing Co Ltd (CCPC), a joint unit set up by financial institutions in January, bought bad loans backed by property at an average discount of 46 per cent below their book value in October. CCPC said in a statement
          Reuter  -  73 words
        • Article
          Lock icon First Bangkok earnings rise 62pc
          61 14 Bloomberg Business News BANGKOK First Bangkok City Bank said its net profit for the three months ended Sep 30 was 668.7 million baht (5541.9 million), an increase of 62 per cent from the same period last year. On a per-share basis, earnings were 0.46 baht,
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Challenge Bank back in the black
          109 14 Bloomberg Business News PERTH Western Australia regional bank Challenge Bank Ltd said it turned to a net profit of A 521.4 million (5522.9 million) in the year ended Sep 30 from a loss of A 543.2 million a year earlier. Lending in the year
          Bloomberg Business News  -  109 words
      • Article
        Lock icon Prime rates drift up as Seoul eases limits
        240 14 Reuter SEOUL South Korean prime lending rates rose by up to 75 basis points yesterday, the first day of interest rate deregulation, with analysts predicting a short-term period of turbulent moves in the market. The central Bank of Korea last week announced
        Reuter  -  240 words
      • Article
        US dollar's rise reflects steady domestic economy
        568 14  -  Currency Report From Neil Behrmann in LONDON THE SHARP recovery in the US economy drove the US dollar towards its peaks late last Friday. It has recovered by 6 per cent from its lows of the past fortnight and first began to rally
        568 words
      • Article, Illustration
        Lock icon Simex's first deferred spot currency contracts off to a modest start
        495 14  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange's first two deferred spot currency contracts got off to a modest start yesterday with a total of more than 2,000 lots traded. The contracts are for US dollar/yen and
        Photo by Arthur Lee  -  495 words
      • Article
        Lock icon BOJ denies report of leaked document on Fuji Bank loans
        208 14 Knight-Ridder TOKYO The Bank of Japan on Saturday denied a report that copies of a confidential document regarding a survey of Fuji Bank management were leaked to the financial industry, the Kyodo news service reported. Yasuo Mizoguchi. head of the
        Knight-Ridder  -  208 words
      • Article
        Lock icon Thai central bank to narrow lending rate spread
        268 14 Knight-Ridder BANGKOK The Bank of Thailand will intervene to narrow the spread between rates at which commercial banks lend to major customers and to retail customers, the Bangkok Post newspaper says. But it won't take steps to absorb high liquidity, which has
        Knight-Ridder  -  268 words
      • Article
        Lock icon Indonesia, HK formalise banking supervision
        138 14 Reuter JAKARTA Indonesia's central bank, Bank Indonesia, and the Monetary Authority of Hongkong signed a memorandum of understanding on banking supervision. "The aim of the MOU is to strengthen and extend the existing good level of co-opera-tion between us. We should not see this as
        Reuter  -  138 words
      • Article
        Lock icon US has accepted 100-110 yen target for dollar: economist
        365 14 KnightRidder TOKYO US economist C Fred Bergsten said yesterday the US government has adopted his proposal of setting a target zone for the US dollar between 100 and 110 yen. Mr Bergsten, speaking at a lecture meeting here sponsored by Sanwa
        Knight- Ridder  -  365 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Kuwait may allow foreign participation in oil sector: minister
        386 15 Reuter KUWAIT Finance Minister Nasser al-Rodhan says Kuwait may allow foreign firms some form of paiticipation in oil exploration and drilling. "It is possible we will allow foreign participation in oil exploration and drilling for the first time in decades," Mr
        Reuter  -  386 words
      • Article
        Lock icon Fuji Oil to build gas oil desulphuriser
        180 15 Reuter TOKYO Fuji Oil Co Ltd will build a new gas oil dcsulphurisation plant with a capacity of at least 30,000 barrels per day (bpd) at its Sodegaura refinery east of Tokyo. It will be the first plant construction for the Japanese refiner
        Reuter  -  180 words
      • Article
        Lock icon Indian metal firm MMTC plans to step up iron ore exports
        335 15 Reuter NEW DELHI— India's Minerals and Metals Trading Company (MMTC), once a monopoly non-ferrous metals importer, plans to export nearly II million tonnes of iron ore in 1993-94 (April/March), company chairman SN Malik said. MMTC would also continue to
        Reuter  -  335 words
      • Article
        Lock icon Cocoa producers meeting to discuss supply
        206 15 AFP ABIDJAN Leading cocoa producers will be keen to coordinate supply levels when they convene here tomorrow in a bid to further sweeten the taste of success resulting from an upward trend in world prices for the commodity. The two-day ministerial meeting of the
        AFP  -  206 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        138 15 THE US$/majors were dealt within narrow ranges yesterday despite a bullish undertone and certain centres in Europe on holiday. The US$/S$ market saw the USS maintain its bullish tone from last weekend after the Telecoms issue with commercial purchase of USS from morning trade. Sell
        138 words
      • Article
        Lock icon London
        196 15 Reuter LONDON The dollar extended its earlier gains against the mark after upbeat US economic data yesterday, but found the going tough above 1.69 marks amid widespread talk of Bundesbank dollar sales, said analysts. It started the day on a stronger footing but struggled to breach the 1.69 marks
        Reuter  -  196 words
      • Article
        Lock icon Oil prices rally on reduced output from pipeline
        204 15 ENERGY REPORT Reuter LONDON Oil prices rallied yesterday after output through Britain's major North Sea oil pipeline was cut back because of maintenance work. A problem with a pump reduced output on the Brent pipeline, which is operated by Shell Expro, a
        Reuter  -  204 words
      • Article
        Lock icon New York
        90 15 AFP NEW YORK The dollar remained high against most major currencies but slipped against the pound sterling here yesterday. At 9:15 am, the dollar was at 1.6925 German marks up from 1.6875 last Friday. Against the yen, the dollar traded at 108.65 eady Monday, up from 108.60 yen
        AFP  -  90 words
      • Article, Illustration
        Untitled
        1621 15 IraJe-nrtghied index cahulan-tl against S'pore's lop 14 ira Jinx partners Base year 198f US$/S$ forward rates Noon Nov I S| Bid offer 1-month I 5888 ***** 2-month I.5S77 ***** J-momh 1.5866 I 5881 6-momh 1.5855 1.5875 Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa nNhI: Singapore dollars to one
        1,621 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars lower ahead of US data
        1383 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures finished lower yesterday, pulled down by position adjustments ahead of anticipation of further bullish US economic data. "The market softened on the spate of positive data and is probably expecting the same for Friday's non-farm
        Reuter  -  1,383 words
      • Article
        KL tin firmer on LME, tight supplies
        616 16 COMMODITY REPORTS Tin TIN extended last week's upward trend and closed 10 sen up at MS 12.20 a kg after a stronger London market last Friday prompted keen demand, traders said. A trader said the market was supported by continued Malaysian and Japanese
        616 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Fuji Oil to build desulphurising unit
          119 16 TOKYO Fuji Oil Co Ltd will build a 35.000 barrel-per-day gas oil desulphurising unit at its Sodegaura refinery in Chiba Prefecture, a Fuji Oil official said yesterday. He said the unit is to be completed by September 1995. "We expect to place an order
          119 words
        • Article
          Japan sees drop in copper tonnage
          110 16 TOKYO Japanese trading sources expect as much as a 10 per cent decrease in the tonnage of long-term, one-year copper contracts in 1994 because of expectations for stable prices and light demand. Negotiations have not yet really begun for 1994 contracts, but consumers are
          110 words
        • Article
          Gold mine gets rescue package
          94 16 JOHANNESBURG A USSI63 million (*****.5 million) rescue package has been secured for debtridden East Rand Proprietary Mine, near Boksburg east of here, the company announced yesterday. It said it had reached an agreement in principle with banks and shareholders that would lead to a rights
          94 words
        • Article
          Thailand issues tender for fuel oil
          51 16 SINGAPORE The Petroleum Authority of Thailand has issued a tender to buy one or two cargoes of 80.000 tonnes each of 3.5 per cent sulphur fuel oil for Dec 10-13 delivery, regional traders said. The tender closes today and bids will be valid until
          51 words
      • Article
        COMMODITY PRICES
        1692 16 Rubber Nov 1 MS Commodity Exchange (tut ires dei ld|Mlt 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) tuyere Sailors ("lose Volume Open As at 12 noon cents/Kg) Month High Low Sett (tonnes) Interest RSS 2 Dec 93 127 50 128 SON Nov 93 Dec Jan 94
        1,692 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1426 17 +20.2 SHARES continued their surge yesterday, encouraged by a narrowing in the current account deficit, a 9 per cent jump in exports and a rise in building approvals. "This is further evidence that a recovery, albeit a modest one. is underway," said Baker Young joint managing director Alan Young.
        1,426 words
      • Article
        Seoul
        461 17 -1-11.04 Stocks closed sharply higher in brisk trading as buying interest in large-capitalisation exportoriented counters gained momentum, brokers said. The composite index closed 11.04 higher at 761.76. "Interest swung to large-cap manufacturing-export counters due to expectations of improved October trade figures," said Lee Jin Suh of Hanshin Securities. Brokers
        461 words
      • Article
        Untitled
        920 17 Manila \oT Oct N Pno (-000) Soriano orp. I 660 \BV< BN i|000 ♦2 500 252 Akorn Pel 024 001 ***** Akwn Pel B 024 unch 2000 Vngki PhiH >il A 014 i 001 4500 Vpcv Mining A 00* Apr» Mining B 009 \ilas (Ms A ft 500 \Ilas C
        920 words
      • Article
        New Zealand
        319 17 +35.52 Shares continued their strong run to end higher for the seventh consecutive trading day. The NZSE-40 capital index gained 35.52 points (1.64 per cent) to 2,199.50 its highest point since August 1989. Telecom, which reports its second quarter result today, gained 16 cents to end at its
        319 words
      • Article
        Bombay
        85 17 -52.46 Share prices fell further in after hours kerb deals as speculators anticipated a further fall and stayed away, brokers said. During the official trading session, stock prices fell as sentiment was affected by new capital adequacy norms to be enforced on brokers from December by the Securities and
        85 words
    • WORLD STOCK MARKETS
      • Article
        London
        835 17 -6.6 LONDON stocks remained under a cloud yesterday as the likelihood of a shortterm cut in UK base rates receded. The blue-chip FTSE-100 index closed at 3,164.4 points, down 6.6 points. The narrower FT-30 index closed at 2,391.9 points, down 5.9 points. Volume of trading was low with 415.2
        835 words
      • Article
        Stockholm
        148 17 -0.21 pc Swedish shares ended lower on profit-taking, after Friday's record close, but bucked a weak European trend most of the day despite rising bond yields. The OMX-index fell 0.21 per cent to 1,111.49. while the blue-chip top-16 edged down 0.06 per cent to 1.504.32. The all-share index was
        148 words
      • Article
        Frankfurt
        234 17 -6.88 German shares cased, but dealers said this was more due to a lack of investor interest on yesterday's partial holiday than any real selling pressure. The bluc-chip DAX index closed 6.88 points lower at 2,062.12, up from an intraday low of 2,061.16. The slight downward move was unrepresentative
        234 words
      • Article
        Amsterdam
        270 17 +2.27 Dutch stocks ended higher, as the stronger dollar fueled buying interest from mostly foreign investors during the final hour of the trading session, brokers said. The EOE index of 24 leading Dutch stocks gained 2.27 points and ended at its intraday-high of 385.71. Advancers outnumbered decliners by 14
        270 words
      • Article
        Zurich
        269 17 +3.17 Swiss shares ended slightly up and the main indices at a record close after the market rebounded from morning losses on good demand in some chemical shares. Overall shares were mixed and dealers said the market had consolidated recent gains. They added the outlook for Swiss shares was
        269 words
      • Article
        Johannesburg
        329 17 +7 A sudden fall in the gold price to US$364/65 an ounce put the skids under gold shares near the close which until then had been quietly ticking down in slow trade in line with a softer but still range-bound metal price. However, dealers said the undertone was still
        329 words
      • Article
        Toronto
        298 17 -24.96 Weakening precious metals pushed Toronto stocks low- er in early trading yesterday. Traders said the gold and silver index plummeted after news of Xerox Corps new film which docs not use silver. "If you don't need silver anymore, that is going to affect the market," one trader said.
        298 words
      • Article
        New York
        674 17 -0.56 Share prices on Wall Street held steady yesterday, with strong economic indicators making up for higher rates on the US bond market. At 11:00 am (1600 GMT), the Dow Jones index of 30 blue chips was at 3,680.03, down 0.56 points. Trading was moderately active with 75
        674 words
      • Article
        Untitled
        813 17 Paris Oct N Kr AirLiguHk *1000 MO Ucafel Ansthom 'MiOO 1600 Elf M uil 4*0 00 0 (•ale De Banque 14*1 l)U 1*1 IK) Ufargc 433 40 -4 70 Muhehn 1*2*0 3M) Noiic 4 7 44 oo -2200 Norsk Ht Jro I'< W +6*0 Off I 13 00 Peugeot SA
        813 words
    • Article, Illustration
      Lock icon HONGKONG
      2860 18 Reuter HONGKONG Stocks finished sharply higher yesterday with the Hang Seng Index catapulting 300.10 points, or 3.22 per cent, to end at 9.629.19, smashing the previous record close of 9,329.09 set last Friday. The blue chip indicator also hit an all-time in-tra-day high of 9,710.08 in early afternoon trade
      Reuter; Source: Bridge Info  -  2,860 words
    • Article, Illustration
      CHINA
      451 18 THE CLSA Shanghai B Index jumped 29.79 points to 810.35 on active turnover. Buying interest was mainly from the locals. Refrigerator, the biggest gainer, closed 9.3 per cent, or US$O.O4 up. The most active stock was Jinjiang Tower, rising 2.04 per cent with 2.15 million shares traded. It closed
      451 words
    • Article, Illustration
      Lock icon TOKYO
      2460 18 Reuter TOKYO Stocks ended sharply lower in light trade yesterday. Investors sold ofT after JR East fell below 500,000 yen and the Nikkei dipped below a technical support of 19,400, brokers said. Buying of selected car and high-tech shares spurred by the yen's recent retreat was the only bright
      Reuter; Source: Bridge Info  -  2,460 words
    • Article, Illustration
      Lock icon BANGKOK
      1933 18 Reuter BANGKOK The Thai stock market ended its most active trading day ever at another record high yesterday. It also notched up a record for gains in a single day, as foreigners continued to pour funds into what brokers say is one of the most undervalued markets in Asia.
      Reuter; Source: Bridge Info  -  1,933 words
    • Article, Illustration
      Lock icon JAKARTA
      1091 18 Reuter JAKARTA Shares prices closed firmer in active trading yesterday, with both local and foreign investors focusing on banking and property stocks. The official index rose 2.95 points to close at 469.10. "We expect the favourable sentiment on these sectors to continue for the rest of the week." a
      Reuter; Source: Bridge Info  -  1,091 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2819 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume (k-ncral Corp 20.969.000 Prumct 15.566.000 Idris Hid MX I5.5 W.OOO XMDB 50c 14.077.000 F A( B Mk 11.162 000 Fahcr (iroup 10.92:000 High Low 50c 10.916.000 Asia hcUNc 9.WI.OOO MclropJc* 50c 9 202.000 In not est Bhd 8.454(100 Ind
      Source: Bridge Info  -  2,819 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices ease on profit-taking
        5777 19 Bernama KUALA LUMPUR Share prices here closed mixed with an easier bias as investors offloaded overvalued stocks for profits yesterday. The Emas Index of all main board shares retreated to 287.58, down 0.46 of a point while a pullback in Telekom yanked the Composite Index from
        Bernama; Source: Bridge Info  -  5,777 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Telecom boosts turnover to record high
        8143 20  -  By R Sivanithy SINGAPORE Trading in shares here continued along the lines set last week, with prices surging in the morning, only to succumb to profit-taking in the afternoon. After hitting an intraday high of 2,138.33 at 11.15 am, the benchmark Straits Times Industrials
        Source: Bridge Info  -  8,143 words
      • Article, Illustration
        Lock icon Intraco
        65 20  -  Paul Leo INTRACO has broken through the resistance at $2.80 and traded to a high of $2.88 before ending at $2.84 yesterday. However, investors should be cautious as daily, weekly and monthly RSIs are above 75, indicating an overbought condition. Moreover, falling RSI with rising prices on the monthly
        SOURCE: BRIDGE INFO  -  65 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      111 9 X €B€L iwiii -H.f < f: j f W ft Chronograph. State-of-the-art, high- precision automatic self-winding I M M jf I movement. 36'000 vibrations per fft hour. Three-piece case. Date register. 7 Three independent dials record the seconds, minutes and hours. Tachometer measures speed per hour. Non-glare scratch-resistant sapphire crystal.
      111 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      88 10 THE BOROBUDUR INTER'CONTINENTAL JAKARTA I i: I r ~!m m For Only $639, We'll Turn Every BUSINESSMAN'S PRESSURE INTO PLEASURE. Daily flights to Jakarta and back by Singapore Airlines with one night stay at the 5-star Hotel Borobudur Inter Continental as well as complimentary breakfast, meal credit of US$lO, pressing
      88 words
    • Advertisement
      Page 10 Advertisements Column 2
      172 10 THE UNIVERSITY OF HULL PF*ss2§ T 1 T i i i 1 »'T This is a highly innovative 18-month I T I Innovations Strengths distance teaching postgraduate specialist g_ FIRST specialist MBA in Investment and programme. It is designed to prepare Finance in the region ambitious managers and executives for
      172 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      98 11 I ALFRED DUNHILL Hth I^ *Aoum fosomej trat*//er'a '-AiuJu// Xt'emtnmy UKitrA untA/ui-etet/ ca*e. mecAa*ica/ mmtememt ax/ xa/»pJurry/at*. part of a cxMn-ttom i»y>iW orfifvn/ y.*< '< n^ywt.. ffi' Mm utel/-^rtpam/ t <fe*/iefHa* tterti* mnn tt B utor/t/ H\/fo arotutt/. -.u>: a* n^. WANTED IV AlfrM fKinhn' Ar hiy« i»rkilit an nmmplf
      98 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      495 12 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Chua Quee Chye (Randy) of Blk 612 #05-302 Clementi West Street 1, Singapore 0512, have applied for a First Gass Public House licence in respect of premises at M/s Bogait's Restaurant and Bars at Blk E Unit 107 Clarice Quay, Singapore
      495 words
    • Advertisement
      Page 12 Advertisements Column 2
      21 12 TOI.L -PRF.F. TKI. No 1-600-741-1883 lAX 741-1298 Meike new business contacts through classification 203 in The jjTqLja Straits ©\3o Times Classified,
      21 words
    • Advertisement
      Page 12 Advertisements Column 3
      390 12 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I Ong Poh Khjm. Marcia of 413 Pasir Ris Drive 6 101-347, Singapore 1851, have applied for a Beer House First Gass licence in respect of premises at M/s Our House Beer Garden at 154, West Coast Road, Ginza Plaza, #02-23 Singapore
      390 words
    • Advertisement
      Page 12 Advertisements Column 4
      21 12 CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. SINGAPORE f| l Business Times WE KNOW AHA
      21 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      256 13 a MB^WPwi|iW|||M|||P|^^^^^^^^^igafl3a«Mßl^^BßHßßßßßlM^^^W '^1 fjt WBgm iS t HHHKT :^m> JK'* .4 t» w!r yn. i iirgwi<>tft'* ati^':< r Ill' f H jynn, i-h„. i» «j«ilteijii i.ii^Mfaifr* r* rT/ i vv >™ 1 V v v.. v f ?^*SWSm* *>. «v r i *>*«m: x '^^:,i{^ > -v' 4 **3wS* >•'
      256 words
Page thumbnail Page 14
  • Page 14 Advertisements
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      331 15 jfr iJR'MI ft ill ABB If you are worried about your hair you doubtless study every tiny area of your scalp that seems to 'show j through' more than it should. You cant be sure, there 1 j y may not be any problem but then again, it could be
      331 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      19 16 "I deal in cameras. Andlknow whereto get good exposure." 0. \~^SSpij »»>, I Call today for results tomorrow. CA.T.S. 737-1166
      19 words
    • Advertisement
      Page 16 Advertisements Column 2
      34 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead nmjHi 1 to place cffo I m quick- cjltj. I acting ad. 7i7-n** J
      34 words
Page thumbnail Page 17
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      63 18 H YOUR MONEY IN A BOX. IT'S MORE RELIABLE THAN SHARES. traiJitkm, tkey petfeim beautifully every day lor year* on AND MORE PLEASING (unlA. m.n 7 oouU »«.«<«). TO THE BARS For an investment opportunity vortk listening to, come z: rtjiur music THE REUOE MUSIC BOUTIQUE. 435 ORCHARD RO. •O»
      63 words
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      130 20 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OHM* process, plus the fact that we deal direct with our customers. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks
      130 words
Page thumbnail Page 21
  • SPORTS
    • Article, Illustration
      Lock icon Norman's mental block
      597 21 Golf AP SAN FRANCISCO Jim Gallagher, donning a clown's imask. joked as he watched nervously on Sunday while Greg Norman blundered away the US$3 million (554.7 million) Tour Championship by a stroke with bogeys on two of the final three holes. Some may say Norman choked badly
      AP  -  597 words
    • Article
      The race that stops a nation
      619 21  -  From Andrew Cooke in MELBOURNE DON'T bother trying to call anyone in Australia at around 2.30 this afternoon. The lights are on, but nobody's home. Today is Melbourne Cup day, *and for reasons unexplained by modern science, 17 million odd people will stop, drop
      619 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        57 21 AP NEW YORK NFL Sunday: Dallas 23 Philadelphia 10; New Orleans 20 Phoenix 17; Denver 28 Seattle 17; SF 40 LA Rams 17; San Diego 30 LA Raiders 23; NY Jets 10 NY Giants 6; Green Bay 17 Chicago 3; Tampa Bay 31 Atlanta 14; Indianapolis 9 New
        AP  -  57 words
      • Article, Illustration
        Lock icon Basketball
        36 21 AP WEMBLEY, England Dominique Wilkins scored 33 points and Kevin Willis added 13 in the deciding fourth-quarter run as the Atlanta Hawks beat the Orlando Magic 113-101 in a preseason game on Sunday night.'— AP
        AP  -  36 words
      • Article, Illustration
        Cricket
        84 21 SHARJAH, UAE In-form opener Phil Simmons hit a superb 81 to help West Indies score 260 for nine in 50 overs in the Champions Trophy against Pakistan here yesterday. Simmons played a lone hand for his team as the Pakistanis made the West Indians work for their runs. Pakistani
        84 words
      • Article, Illustration
        Lock icon Golf
        167 21 Reuter AP SAN FRANCISCO Tour Championship final round scores Sunday (US unless stated): 277 Jim Gallagher 63 73 72 69 278 Scott Simpson 68 70 70 70, John Huston 72 68 68 70, David Frost (SA) 68 68 69 73, Greg Norman (Aust) 72 67 68 71 279 Rick
        Reuter; AP  -  167 words
      • Article, Illustration
        Lock icon Ice hockey
        27 21 Reuter NEW YORK NHL Sunday: NY Rangers 4 New Jersey 1; Calgary 4 Winnipeg 3; Philadelphia 9 Chicago 6; San Jose 2 Anaheim 1 (OT).
        Reuter  -  27 words
      • Article, Illustration
        Lock icon Rugby
        28 21 Reuter PARIS France are back with the best in rugby union after narrowly beating world champions Australia 16-13 in the first test of the twomatch series. Reuter
        Reuter  -  28 words
      • Article, Illustration
        Lock icon Tennis
        67 21 AFP AFP Reuter STOCKHOLM Fourth-seed Michael Stich did the unthinkable here on Sunday when he "outserved" eighth-seed and defending champion Goran Ivanisevic to claim a 4-6. 7-6 (8/6), 7-6 (7/3), 6-2 win in the final of the Stockholm Open. AFP ESSEN, Germany Unseeded Natalia Medvedeva of Ukraine outlasted sixth-seeded
        AFP; Reuter  -  67 words
    • Article, Illustration
      Lock icon Lucky escape for Mansell
      56 21 Reuter DON INC lON, Kngland British racing car driver Nigel Manscll righting to control his Ford Mondeo after crashing in a saloon car race at I)onington Park on Sunday. He was taken to hospital with neck and back injuries but was sent home yesterday suffering only
      Reuter  -  56 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      129 21 Kfc -*$y ?wmb3K- >^H VlJ|i^^HßS^Mg||^^p '^feL^s.,,. WrnmrWr -Jw gKSr»- prjaßJgl 1 \*j& m\<l -n s^B P fc 11 tn J I ft jT| il11Ii rII \I J x,; jnArtflHF jyll i LiMBBs-_.- 1 Iff ifti n Hl4lTlC!PllMkii^*EilHßllM3£^^^^^^^^™ ■IflH J Hl^^H^t: «ViMkiJJLLJM. •'^HlB«j^^BiP?/^^^ES^^^^^H^^^^B2s ;j^ PAN-WEST CPTE3LTD At Pan-West we serve you
      129 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      1008 22 M Nothing Boats A Bud. Hitf-ifll where to wine, dine and entertain OF 1 f udmi n If*,J!! Yangzhou Dianxin Executive Lunch With more new items, for 2, 4 and 6 people, the Yangzhou dianxin Call *****93 for reservations. lunch in Tien Court has Tien Court also introduces 3 executive
      1,008 words
    • Advertisement
      Page 22 Advertisements Column 2
      283 22 bountiful i&urqwdu Every month. Top ot the M's French culinary adventure presents jgjj you with the richest x 'Mi spread of French fare. And this month, we travel to Burgundy. It is in extravagant affair bounty of Burgundy. Come on down to our 0 Fun Pub wtere you'll find darts,
      283 words
Page thumbnail Page 23
  • LIFESTYLE
    • Article, Illustration
      Lock icon River of life stops flowing
      690 23  -  Matt Spetalnick traces the short career of actor River Phoenix Matt Spetalnick Reuter River phoenix. who got his first taste of stardom as a teen-age actor in the coming-of-age film Stand By Me. died mysteriously on Sunday after collapsing outside a nightclub. He was 23.
      Reuter  -  690 words
    • Article
      Lock icon Jakarta bans nude photos of Dewi
      377 23 CHATTERBOX UPI UPI AP AP INFORMATION Minister Harmoko yesterday banned a book containing nude photographs of Dewi Sukarno, the Japanese-born widow of Indonesia's first president. Harmoko also told local newspapers not to print the photos, even if the nudity is blackened out. Several newspapers
      UPI; AP  -  377 words
    • Article, Illustration
      Lock icon Federico Fellini, Italian maestro of film, dies at 73
      296 23 AP ITALIAN film director Federico Fellini. who had been in a coma since suffering a heart attack on Oct 17, died on Sunday at age 73. The filmmaker, known as II Mago the magician to his admirers, wove tapestries of make-believe
      AP  -  296 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      70 23 Teockew cuisine, +ke way i+ skowld be! Savour the rustic, refined I flavours of irresistible I traditional favourites I such as Teochew Braised I Goose, Deep Fried "Pomegranate" Chicken, I etc each at its best. We also cater for private functions including company dinners, birthdays and special wedding packages. i
      70 words
    • Advertisement
      Page 23 Advertisements Column 2
      116 23 AIYOH, GOT TO GO TO tfcimamn <*££&> v FOR LUNCH Itek Sk>, Itek Tim $B.oo+ Sambal Bendeh, Terong Goreng Chilli S7.oo+* Nyonya Poh Ptah $350+♦ Ayam Buah Keluak $9.00+♦ Nasi Lemak. $6.00+♦ t i Free dish of the day with every four dishes ordered. Win over $1,300 worth of F
      116 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1110 23 I TV RADIO Sweet Hearts Dance, 10.30pm, SBC S construction boss dccides as his best friend falls s for the a J^H go IflH love MM Rivers of Sand, 9.30pm, SBC 12 A j^fl The Sahara Desert H slowly largest j lake Africa. Lake Fagubine. Brighton 1 10.30pm, SBC 12
      1,110 words
Page thumbnail Page 24
  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Lock icon Price gap between freehold and leasehold properties narrows
      800 24  -  A consultant firm says a property's tenure is becoming less important. Sylvia Wong finds out why Sylvia Wong CONDOMINIUMS with 99-year leases are not just gaining acceptance with buyers, but in some cases have even been able to command higher prices than
      Source: JLW Research  -  800 words
    • Article, Illustration
      PROPERTY WATCH
      325 24 Selected ERA transactions In the pest week tiniMuiif W*Wct Projed Type (•qf?* Ttnupt S *(S^ C •M' PWVATE Nov 1J 993 J 1024 River Valley Rd Apartment 1270 FH 400,000 314 Oct 25,1993 1129 Trevose Park 4 Apartmenf 1259 FH 777,500 617"" Oct28,1993 1130 [Newton Court Apartment* 1273
      325 words
    • Article
      Singapore office rentals may have bottomed out
      231 24 OFFICE rentals in Singapore, which have been on the decline since the middle of 1990, may have finally bottomed out, according to the Richard Ellis Office Rental Index. The index held firm at 126 points in the three months to September. The property
      231 words
    • Article, Illustration
      Industry's move to provinces to benefit two Thai developers
      652 25  -  Alan Boyd profiles industrial estate firms MDX and Hemaraj Alan Boyd INDUSTRIAL estate developers MDX and Hemaraj are poised to benefit from a mass movement of factories into Thailand's provinces, as manufacturers seek cheaper production bases. The two listed property firms
      652 words
    • REGIONAL SKYLINE
      • Article
        S'poreans snap up Huizhou property
        114 25 INGAPORE Singapore buyers make up about half of the yers of shops and residential units in China's largest satellite *n. Sun City, in Huizhou. According to one of the project's velopers, China Treasure Enterprise Ltd, Singaporeans put out HK$B5O million (Ssl7o million) into the project
        114 words
      • Article, Illustration
        Leasing of Suntec City offices begins
        70 25 SINGAPORE The marketing of the Suntee City Tower starts today. Joint sole leasing agents Jones Lang Wootton and Knight Frank Chcong Hock Chye Baillicu will market the 389,000 sq ft of office space under the project. The Tower is the office block nearest to
        70 words
      • Article
        CIDB alone to supply construction data
        69 25 SINGAPORE From this month, the Construction Industry Development Board will be the only agency responsible for collecting and publishing construction statistics. CIDB's "One Stop Construction Information Service" will provide statistics on the projected value of construction demand, the value of contracts awarded, labour and
        69 words
      • Article
        Foreign firms in Beijing to double
        78 25 SINGAPORE The number of foreign companies with offices in Beijing would almost double by 1997, according to a Richard Ellis report in Hongkong. The property consultant firm said more than 3,500 foreign companies would set up in the Chinese capital compared with the current
        78 words
    • Article, Illustration
      Evergreat-JDC team to build Revenue House
      189 25 A JOINT venture between JDC Corporation and Evergrcat Construction has clinched the construction contract for Revenue House, the new home of the Inland Revenue Department. JDC. a Japanese contractor, and Evergreat, a local firm headed by Tan Eng Lcong. won the contract over eight
      189 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      161 24 /iJI f 'X'f Unlike conventional sports marques, the Aiaserati doesn't scream (tower The Maserati merely delivers it. And like the car itself, the Aiaserati driver isn't typical He s an individual. Wk So, quite understandably, only a discerning few can attest to having heen behind its wheel. Most will never
      161 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      21 25 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE. Business Times
      21 words
    • Advertisement
      Page 25 Advertisements Column 2
      218 25 02 crORLEASE^ MCSI. _I Breakfast in a garden terrace overlooking the curvilinear swimming [kx>l. and listen to the waterfall gently cascading into a Balinese inspired sunken courtyard and a lily pool set amidst rich tropical foliage. Enjoy resort-slyle facilities that come with a full-time Manager Facilities Co ordinator. our apartment,
      218 words
Page thumbnail Page 26
  • Article
    Malaysia's painless budget
    472 26 EDITORIAL U A BIT of financial sorcery" was one description of the budget unveiled by Malaysian Finance Minister Anwar Ibrahim last FriJL. day, and it is apt. He has cut corporate and petroleum-related taxes, provided a series of other tax reliefs, reduced import duties, increased overall spending,
    472 words
  • WHAT THE OTHERS SAY
    • Article
      Yen for investment
      259 26 IT WAS recently calculated that Indonesia will need at least $528 billion in fresh investment during the next five years to sustain last year's growth rate of 6.2 per cent. Domestic capital resources are limited, at least partly because of a tight money policy to compensate for
      259 words
    • Article
      Umno's landmark changes
      175 26 THE Umno general assembly this year will herald new changes. This is happening because Umno has grown from strength to strength. The changes in Umno reflect the larger developments in the Malay society as a result of the government's socio-economic restructuring efforts since the 1969 racial riots.
      175 words
    • Article
      The importance of quality
      134 26 EACH and everyone of us, either as a member of the production or service industry or a consumer, must emphasise quality. Products made in a rough or slipshod way should not be accepted and irresponsible and dishonest behaviour towards customers should similarly not be condoned. There
      134 words
    • Article
      Minding the minders
      119 26 AS AN EXERCISE in civic education, the police scheme to recruit teenagers to protect young girls from a child rapist terrorising the Tin Shui Wai housing estates has considerable merit. It will teach the.youngsters the important lesson that a decent human being is indeed his brother's or
      119 words
    • Article
      Budget's ulterior motive
      142 26 RIDING on the crest of a buoyant economy, the 1994 Budget has an ulterior motive behind its overt strategic objectives to channel the rising disposable incomes from economic growth into thrift and moderation, encouraging temperate consumption and increased savings, and moulding a socially conscious and valueminded. rather
      142 words
    • Article
      The undisputed successor
      111 26 THE dominant Malay party, the United Malays National Organisation (Umno), in Malaysia's ruling National Front coalition will elect its new leadership next week. Umno veteran Ghafar Baba has resigned as deputy prime minister and pulled out of the race for the deputy presidency of the party. That
      111 words
  • Article
    Lock icon Asia should follow middle path and golden mean
    1098 26  -  Anwar Ibrahim on the social, economic and political policies that will improve the quality of life of the Asian population Anwar Ibrahim The writer is Malaysia's Finance Minister IHT THE RATE of growth of Asia's population, which will in a few years
    IHT  -  1,098 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      233 26 Where's The Market Headed? The Fundamentals Can Singapore rule the airwaves? Re-thinking training How Compaq came back with a bang House hunt: Check out private property prices Get your copy of this month's Singapore Business from I I your nearest newstand or, if you prefer the convenience Mr/Mn/Miss/Ms Occupation of
      233 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      58 26 i;i*Kr > /..i<j.;i.-i:«».»Bysrel TU&y f\fc£,TV»e ONUV ?£OPL£, WUO I TEUL BRistow, urty DO "(OU MIX v'n "Tvt. t/OD€U? OP SUCCESS... \VO>Tv4 PsUU'TnieSe jJSP»TS PrsD J v e ASSOCWTIO wewsFATtiis LTD. V>c DOONESBURY GARRY TRUDEAU AHctSw 1 MATS 'cOMeSO W 7D THINK HE cute AN3LE. STBMMCVe? THAT, I noiuARPST&NS M MJMUST
      58 words
Page thumbnail Page 27
  • ANALYSIS
    • Article, Illustration
      Time to put aside ideological squabbles and tackle stagnation
      1026 27  -  The European Union was born yesterday. Neville Stack, reporting from London. looks at the differences among the member nations and the one issue that unites them, while the accompanying articles discuss the single-currency problem and the two hazards that confront the
      1,026 words
    • Article
      Lock icon Putting EMI in Frankfurt poses problems for currency union
      589 27 IHT IT had been pretty clear that Germany would get Europe's embryo central bank ever since the German finance minister said in August that if it did not "this whole enterprise will not happen". Last week's formal decision that Frankfurt will
      IHT  -  589 words
    • Article
      Lock icon An uphill climb for European Union to fulfil ambitions
      604 27 AFP A NEW-LOOK Western Europe took shape yesterday with the birth of the European Union, but its leaders have admitted that a hard slog lies ahead to match the Union's ambitions over the rest of the decade. The EU's founding Maastricht
      AFP  -  604 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      285 27 EXECUTIVES SPECIAL: GET A FREE ACCURATE FAT PERCENTAGE READING CALL MARIE-FRANCE H NOW FOR A FAST WEIGHT-LOSS PLAN For most men and women, the A R'J X r*i thought of losing weight means rigid vICI lIIU OT iflli diets, inhuman exercise machines and workout sessions But very often, for overeaters
      285 words
Page thumbnail Page 28
  • Article
    Lock icon Gatt talks progressing, but more impetus needed: diplomats
    511 28 Reuter. AFP GENEVA Long-running talks on a new world trade treaty are making steady progress but need more impetus to meet a mid-December deadline for an accord. Diplomats, speaking yesterday before a special session of senior negotiators to assess prospects for the
    Reuter.; AFP  -  511 words
  • Article, Illustration
    Lock icon Hyundai founder gets three years' jail, remains free pending appeal
    473 28 Reuter SEOUL Tycoon Chung Ju Yung, founder of South Korea's giant Hyundai Group, was sentenced to three years in jail yesterday for embezzlement and election fraud during his unsuccessful bid for the presidency last year. But the court ruled that
    Reuter  -  473 words
  • Article
    Lock icon Tokyo builder goes bust with 590b yen debt
    144 28 AFP TOKYO A respected Japanese building company has become the latest victim of the country's bubble economy, declaring its insolvency with liabilities estimated at 590 billion yen (SSB.B billion). The failure of Muramoto Construction Co Ltd, which filed for protection against creditors
    AFP  -  144 words
  • Article
    Lock icon US industry grew in September for first time since May
    348 28 AP, Reuter NEW YORK The US' manufacturing sector grew last month for the first time since May, according to a survey of corporate purchasing managers released yesterday. The National Association of Purchasing Management reported that activity in 15 of 20
    AP,; Reuter  -  348 words
  • Article
    Lock icon Japan may halt preferential treatment for US building firms
    331 28 UPI, AFP TOKYO Construction minister Kozo Igarashi says Tokyo may halt preferential treatment for US construction companies in bidding for Japan's major public works projects. Appearing on a Japan Broadcasting Corp (NHK) television programme on Sunday, Mr Igarashi said Washington had
    UPI,; AFP  -  331 words
  • Article, Illustration
    How the C'wealth can play useful role on world stage
    848 28  -  The Bottom Line WALTON MORAIS WALTON MORAIS The writer. BT's foreign editor, covered the recent summit in Cyprus PRIME Minister Goh Chok Tong spoke for a lot of his fellow Commonwealth leaders when he said, at the end of the
    848 words
  • Article
    Lock icon Oriental Press confirms launch of HK's third English paper
    108 28 AP HONGKONG The publisher of Hongkong's biggest Chinese daily, Oriental Press Group, yesterday confirmed it was setting up an English-lan-guage paper to challenge the dominant South China Morning Post. The Eastern Express would be launched in January, said Jon Marsh, the
    AP  -  108 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      102 28 Singapore's most popular CRABTREE The most appreciated gifts, surprisingly, take the least amount of effort. T*o give thanks to your most important corporate clients, why not give our beautifully-packaged Christmas tins and baskets filled with the finest foods B I and treats, fragrant potpourri or luxurious toiletries. To select from
      102 words
    • Advertisement
      Page 28 Advertisements Column 2
      78 28 TANKERS/FLOATING STORAGE INSTALLATIONS: Project Management/Engineering by American Naval Architect Marine Engineer. Over twenty yea re of responsible international experience. Experienced with construction, modification, design, maintenance, repair, inspection, condition assessment,ope ration and economics of various vessel types outfitted with diversity of systems, machinery, equipment Evaluation life extension of older existing vessels
      78 words
    • Advertisement
      Page 28 Advertisements Column 3
      53 28 SlIStfApORE COtVt^Ar Distributor of the most sought after Key Telephone System Tel: 278 7088 Most businessmen wpaofic nx* have discovered comprehensive flight schedules a new way to fly. fly by Tfie Book ESS Pocket Flight Guide For a free copy. call Official Airline Guides Singapore Tel: (6S) 737 8533 Fax:
      53 words
Page thumbnail Page 29
  • Shipping Times
    • Article
      Breakbulk opens first overseas office in HK
      424 29  -  By Dexter Lee SINGAPORE Locallyowned freight forwarder Breakbulk Consolidation Services (BCS) is moving into the fast track. With its business expanding rapidly, it has bought a $2 million building and opened its first overseas office. The company's new building is a restored four-storey
      424 words
    • Article
      Lock icon Intra-Asia carriers say YAS
      722 29 Liners plying the Japan-Asia trade have imposed a yen appreciation surcharge since last month. But is the measure going to be enough? Lloyd's List Maritime Asia TOKYO The Intra-Asia Discussion Agreement (lADA) has finally solved the dilemma of soaring yen costs for its members trading in
      Lloyd's List Maritime Asia  -  722 words
    • Article
      Lock icon Five welders killed in tanker explosion off Trinidad
      198 29 AFP PORT-OF-SPAIN, Trinidad Five welders were killed in a powerful explosion and fire set off during repairs on Sunday aboard the Norwegian-reg-istered tanker Lady Oslo in the dockyard at Chaguaramas, officials said. The blast rocked the northwestern peninsula of Trinidad as it
      AFP  -  198 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      849 29 Page Col ABC Containerlinc 12 I Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 •APL 5 3-5 Appcnship 18 1/2 Alpha Feeders 18 1/2 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9
      849 words
    • Article
      S'pore-Europe container trade on the rise
      436 29  -  By Juliette Walker SINGAPORE Containerised trade between Singapore and the European Community is clipping along faster than last year, helping shipping lines lift rates on the troubled route. For the January-September period, inbound containerised trade from Europe shot up 32.4 per cent to 474,900
      436 words
    • Article
      Lock icon Australia an emerging market for shipping lines
      531 29 Port View SINGAPORE The longawaited recovery of Australia's economy is slowly taking shape, and shipping lines are realigning their services to cater to the emerging market. They are adding Australia to their service network by slot chartering, adding new vessels en route to
      Port View  -  531 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        646 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Aut«4a Baryunsban Batam Murm Batam Sayang (Mand Sky Kme Barbara Komdo IPIcm Sabang laya Shan Furyu Sutra Iiuong Son Arktis Blue Auiia Sera* a ft*k lestan Gacslup X Hely Batam Komdo New Man
        646 words
      • Article
        CONTAINER SCHEDULES
        1553 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy No Etb/Btr tecord 'eriod Booking/Balance From To Rsits From Act Swan 090A 03/1500 2 4 01/1700 02 1200 02,0659 02/1459 02/0900 02/1700 to Watty* N001W 03 0100 1 2 01/1500
        1,553 words
    • Article
      THE SHIPPING GUIDE
      10571 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 Pcnang after
      10,571 words
    • Article
      SHIPPING AGENTS
      3073 43 w ontainerline NV Be! sin Shpg Agencies Pie Lid (SVManne Handling #dn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Lid (SV Accord Contr Line I PK/PN). Adkris Business C orporation Philippine Calsouree Shpg Trdg Pie Ltd (S) Ahrenkiel l iner Service: Kim Shpg Jrdg (S). Albatros Sea-Air Service:
      3,073 words
    • Article
      CONFERENCES I CONSORTIA
      311 43 toll Nartti Aawrica Eastbound Rate Ofrwwwt (Far Eact/Narlli Auric a, txdadn Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line; Orient Overseas Container Line, Hapag-Lloyd. Trans-Pacific Westbound Rate Agreement (North America/Far East): American President
      311 words
    • Article
      COURIER SERVICES
      281 43 \bacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express 1 ravel Tel: 533-5771. Fax: 535-6144. Xirborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airtwift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines!. 747-7421. Fax: 742-8975. C its-l ink International Tel': 344-3377. Fax: 345-6450. (luster I.ink
      281 words
    • Article
      AIR FORWARDERS
      1487 43 Abex Express Freight Tel: 542-7171 Fax: *****84 Actinic Forwarder Tel: 225-1833 Fax: *****42 Xctivair Singapore Tel: 542-7822. Fax: *****20. Aeroiink Freight International Tel: 545-8033 Fax: *****05 Aerospeed Tel: 542-5911 Fax: *****18 Air Cargo Novo Express Tel: 542-5454 Fax: *****06 Air Express International Tel: 542-7666 Fax: 542.3474. *****50 Air
      1,487 words
    • Article
      PORT CONDITIONS
      2732 44 ALBANIA Duress: Seven vessels in port of which 4 discharging bagged flour, 2 bulk wheat, I loading ferro chrome, 2 vessels in roads awaiting berths of which 1 to discharge tubes, I bagged flour. ANGOLA City and port normal. No reports of delays to any class of vessel.
      2,732 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      671 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP A NUMBER of modern panamaxes were placed on the market for sale during the course of the week. Interest for such tonnage has been very firm over recent weeks and a number of inspections are said to
      The information was contributed by Simpson Spence & Young; AFP  -  671 words
    • Article
      AIR FREIGHT SCHEDULE
      553 44 ARRIVALS Op Flight r>pe ETA T From TODAY NCA KZ203 B747F 0145 I NRT KAL KE697 B747F 0150 I SEL JAL JL6I7 B747F 0345 I TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 I AMM/DXB CLX CV796 B747F 2115 I LUX/AUH/KUL TOMORROW AZA AZ997
      553 words
    • Article
      CRUISE & FERRY SCHEDULES
      638 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA L I U Ports of Calls Port Agent Tckpkoat So NOVEMBER 05 05 Leisure World 1300 2015 Cruise to Nowhere Lauw Sons Travel 227-8284 05 05 Coral Princess 1700 2015 Cruise to Nowhere Semjom Agencies 227-8284 07 07 Leisure
      638 words
    • Article
      DAILY FREIGHTS
      1265 45 THE BALTIC Freight Index for spot dry cargo shipping rates tell to 1.317 on Friday from 1,322 on Oct 28. There has been some period activity evident for capcsi/e tonnage, although rates generally remain weak, brokers said. Cobam was said to have concluded the 162.000-deadwcight-tonne Erradale with delivery
      1,265 words
    • Article
      COCKETT BUNKER MARKET REPORT
      880 45 THIS twice weekly report, compiled by Cockctt Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockctt Bunker Price Index change and
      880 words
    • Article
      TRANSPORT DIARY
      204 45 COURSES Title: Seminar on Legal Aspects of Freight Forwarding Duration: Nov 3 Organiser Sing Freight Forwarders Association Tel: For further details and application forms contact SFFA at tel: 253-7550 or fax: 253-2303. Title: Ship Chartering Practice Charter Parties Negotiation Duration: Nov 3 4 Organiser Traffic Management Consultants, Singapore
      204 words
    • Article, Illustration
      Lock icon P&O's success story in the Baltic
      1188 46  -  Elizabeth Canna reports on the three key factors which make P&O Containers a successful operator in the Baltic region Elizabeth Canna American Shipper LAST YEAR P&O Containers moved three-and-a-half thousand 20-foot equivalent units (TEUs) in and out of the Baltic ports of Riga and
      American Shipper  -  1,188 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon China's airline industry on perilous path, say experts
        606 48 Bloomberg Business News BEIJING China's rapidly growing airline industry is winning a reputation as one of the world's most perilous, thanks to inadequate airplane maintenance, pilot training and aircontrol systems, according to industry executives and aviation experts. Last week, a MD-82 passenger
        Bloomberg Business News  -  606 words
      • Article
        Lock icon Continental fined for misleading consumers
        227 48 NYT WASHINGTON The Department of Transportation said on Sunday that it had fined Continental Airlines USS2O.OOO (5531.400) for advertising low fares from Newark. New Jersey, to Europe last February but making too few seats available at those fares. It said it had discovered the shortage
        NYT  -  227 words
      • Article, Illustration
        Lock icon Airbus A330 makes debut in China
        177 48 AFP HONGKONG Chinese airlines and pilots are to get their first look at the new Airbus A330 which has gone on display at a number of cities. Airbus Industrie said in a statement released here yesterday that the Airbus A330, the largest twin-engined airliner
        AFP  -  177 words
      • Article
        Abacus shifts data processing centre to Atlanta
        211 48 SINGAPORE Abacus Distribution Systems, the Asia-Pa-cific's computerised airline reservations system (CRS), has moved its data-processing centre from Kansas City to Atlanta. The relocation leaves Abacus better equipped to develop product enhancements in a shorter period of time. Abacus says. The Singapore-based company began
        211 words
      • Article
        Lock icon M'sian palm oil drivers end strike
        244 48 Reuter KUALA LUMPUR Malaysian palm oil truck drivers have ended a week-long strike, the Palm Oil Refiners Association of Malaysia said yesterday. The association and the Johor Lorry Operator's Association dccidcd on Sunday to end a strike that began on Oct 25, in the
        Reuter  -  244 words
      • LOG BOOK
        • Article
          Lock icon Airport reservoir contract to Chun Wo
          112 48 Bloomberg Business News Hongkong Hongkong-based civil engineering and building works company Chun Wo Holdings has been awarded a HK584.95 million (5517.06 million) contract to build a reservoir on Lantau Island as part of Hongkong's international airport construction project. The project, to begin early next
          Bloomberg Business News  -  112 words
        • Article, Illustration
          Lock icon Tour of duty
          46 48 Reuter HAITI The t'SS Yorktown cruises three miles from the coast of Haiti at the weekend as its stands by for vessels in violation of United Nations sanctions against the island. The Yorktown is the flagship of the taskforce enforcing the embargo. Reuter
          Reuter  -  46 words
        • Article
          Lock icon Anti-trust to probe Alitalia
          98 48 Bloomberg Business News ROME Italy's anti-trust authority, Autorita Antitrust, has opened an investigation to determine whether Italy's national airline Alitalia SpA has abused its dominant position on its Milan-Rome routes. The antitrust watchdog said on Friday it will determine whether Alitalia overcharged for passenger and cargo
          Bloomberg Business News  -  98 words
        • Article
          Lock icon Austrian Airlines crew-strike continues
          67 48 AFP VIENNA A strike by crew members of the national carrier Austrian Airlines went into its third day on Sunday after talks between stafT and company representatives broke down, said a staff spokesman. The 1,200 pilots and cabin crew members went on strike on Friday to
          AFP  -  67 words
        • Article
          Lock icon Russia raises price of Lada
          76 48 Reuter MOSCOW Russia's most popular car, the utilitarian Lada, will cost 50 per cent more from this week because of soaring production prices, Itar-Tass news agency said. It said the most popular model would cost 7.8 million roubles (S$ 10,430), or about 150 average monthly
          Reuter  -  76 words
      • Article
        Lock icon MacGregor dismisses report on British Rail
        323 48 Reuter LONDON British Transport Secretary John MacGregor denied a leaked government report that the privatisation of loss-incurring British Rail would cost the taxpayer £2 billion (554.7 billion) in government subsidies in the first year. Speaking on BBC television on Sunday, Mr MacGregor said the
        Reuter  -  323 words
      • Article
        Lock icon Bonn throws down gauntlet to US over aerospace subsidies
        403 48 Reuter BONN Germany seems set on a collision course with the United States over industrial subsidies after pledging to boost support for the troubled German aerospace and defence sectors. An eight-point programme to prop them up was unveiled by the economics
        Reuter  -  403 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1386 48 City Flight ETA Flight m> Abu Dhabi GA893 1655 GA892 0100 GA974 2325 GA984 2340 Adelaide QF81 1930 QF82 2055 Amsterdam KL837 1540 KL838 0020 GA893 1655 GA892 0100 SQ323 1725 SQ320 1100 GA974 2325 Athens SQ348 2300 Auckland SQ288 2025 SQ 288 2015 SQ286 2030
        1,386 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      30 29 If you want it there/ yesterday, Fty it with ZJS*"'- > GRIFFIN KINETIC *****33 iMMMtMMiiHMnMMMMHnHMMMMMWMHMM P&O's success story in the Baltic, Page 18 China's airline industry on perilous path, Back Page
      30 words
    • Advertisement
      Page 29 Advertisements Column 2
      9 29 Jj, For advertising enquiries, contact Shipping 7imes: Tel 740-2089/740-2090
      9 words
    • Advertisement
      Page 29 Advertisements Column 3
      33 29 M R FORWARDING PTC LTD WEEKLY CONSOL TO EUROPE CALL: *****00 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. SINGAPORE Business Times WE KNOW ASIA
      33 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1719 30 TSKUNE AGENCIES (S) PTE. LTD. AgM|\ f1 1 TZ wmrri 1 •3 9 9 IJl\r ■■■■■■■HBftlißiijilililiiiUiillHHHHHßHH^ VISXZX~7~i Tlx: RS *****/TSKSIN. FYPHPT TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I |V PICT TO USA W«T COAST CCX-OQWK CAUFQWMA PCUKWI Tff IMT <iiMIIWIMWPMI IWII ifWIMMBLBBMBft, JB» WT I IHK I LA
      1,719 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      2811 31 323 S 33^FS D 2^?9 R 4 D 2 ME SH PP NG AGENC ES pt^G^^L^ssf7%6?^ > 05:*****42 I DOCUMENTATION TEL *****55 (INWARD)/*****90 (OUTWARD) ,Vr a 1 FS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 T^L_ *****3/41 F£C M 2708 H CFS (PSA F5) TEL *****21/ *****79 07 FAX 07
      2,811 words
    • Advertisement
      Page 31 Advertisements Column 2
      1874 31 FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS MAERSK ROTTERDAM V.9310 ETA SIN BTH NOV 93 LINDOE MAERSK V. 9312 ETA SIN 11TH NOV 93 Vessel Voy ETA ETO Feeder by s Laurai/lmtoti DESTINATIONS ETA Tfw week METTE MAERSK 93K) 08/11 0800 HRS CFS 08/11 2369 MRS X)H LPK PEN OAK LGB SFO MEM
      1,874 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1615 32 AQABA R'DAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA KAMAKURA 31/143 3/11 20'" /11 2"" Port Kelang. Penanq DRESDEN EXPRESS 13/343 6/11 15/11 21/11 24/11 27/11 29/11 1/12 Pasir Gudang KAGA 32/144 10/11 27/11 30/11 28/11 m
      1,615 words
    • Advertisement
      Page 32 Advertisements Column 2
      600 32 FCI BreaKbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ETA SIN BUNGA PELANGI V.2383 3/H
      600 words
    • Advertisement
      Page 32 Advertisements Column 3
      1119 32 I norasiaT w IVS^VOY^^^^^^!sn^AUSßC^^VA^^u!J^>?AN^Bß?^RO^/RT^FE^n NORASIA PEARL 9342 3 03/11 24/11 27/11 28/11 28/11 29/11 30/11 01/12 02/12 03/12 I ARABIAN SEA 343* 11/11 01/12 04/12 05/12 05/12 06/12 07/12 08/12 09/12 10/12 I CHINA SEA 344W 18/11 08/12 11/12 12/12 12/12 13/12 14/12 15/12 16/12 17/12 I NORASIA AL MUNTAZAH
      1,119 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      2056 33 S STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppol Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line (A BERVICE OF CHINA NAVIGATION CO) CARGO out SAILS RAJAH BROOKE V27E Muafi. Lab 03 04 Nov OS No* 06 No* FCL. LCL CONTAINER AMD BREAK BULK SERVICE
      2,056 words
    • Advertisement
      Page 33 Advertisements Column 2
      2746 33 SINGAPORE AGENT: PXtII i Aflto 1 n Af*C P&O Containers (Singapore Agencies) Pte Ltd JL 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 r CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PNO -mo SM ALQ SOU AWT NOT
      2,746 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      547 34 i|Sk EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMARTRAOE PAGER HANDPHONE/DIRECT "I WILLIAM WEE MMM ZMMMtt—at W.S. TAN/MAMOJ mrzi *R BflWfi TTHTHfiIHW HQ CHI Mtttti CITY IHAfiC HENRY HOE M—i mttW/Wimi W.K.KOWG nwrwsnw KELVIN CHAW 21*0625 I*»37ZZ/MM2»3 TO semi container SERVICE IjjjggZ M OCEANLINES
      547 words
    • Advertisement
      Page 34 Advertisements Column 2
      1945 34 (g) HANJIN SHIPPING EM VSI m LK HAU. SEA POX FDR VSI SM IIM HAUI SAV liM NYC HANJM TONGHAE 1021 4/11 OKCT 25/11 27/11 HMUN TONGHAE 102E 411 M ASIA 012E 1/12 10/12 12/12 HANJIN ROTTERDAM 024 C 11/11 DDECT 2/12 4/12 HANJBI ROTTEROAM 0241 11 11 K KOK
      1,945 words
    • Advertisement
      Page 34 Advertisements Column 3
      1445 34 J J _J .1 JTTJgT^f Im sgp isc mc uc rus «i oa net m tw> iu cm bu ntc iw Mm mm nr «e no c« m w I GOIDM «Ml l/II «/U 1/11 10/11 12/11 IS/11 14/11 u/ll It/11 21/11 22/11 J/12 IS/12 17/12 11/12 21/12 29/12 30/12
      1,445 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      2399 35 II I sex: 'CALIFORNIA JUPITER 68E' eta sgp 03/11/93 II N £g I ARRIVING LOS ANGELES 20/11/93 IN 16 DAYS HI H M%&Wm I AEX 'NEPTUNE RHODONITE 12E' ETA SGP 03/11/93 ll II I ARRIVING NEW YORK 26/11/93 IN 22 DAYS HI KHSSESSSSSsSBSSSSSS^SSSSii^^B^^MBMaSfI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX)
      2,399 words
    • Advertisement
      Page 35 Advertisements Column 2
      1182 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 MVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
      1,182 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1817 36 —i f9 AS AGENTS: UNI (SM6APORE) PTE LTD (CM No: **********0 M) jfj W TEL: *****77 TELEX KAWAK! R*****5 FAX *****16/7/8/9 I T WTIj I MALAYSIA 1" LMI MMITIIK (MALAYSIA) SON BHD I W*J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTHNUSA, TEL:
      1,817 words
    • Advertisement
      Page 36 Advertisements Column 2
      740 36 PHI LI-on If NT LINCS PTC LTD W 108 Robinson Road #07-00 QMQ Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION l AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 4 NOV SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 11 NOV AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH.
      740 words
    • Advertisement
      Page 36 Advertisements Column 3
      304 36 w GOLDEN UHE\ lyhoV GUAN GUAN SHIPPING (PTE) LTD 1 21. TcM hym Street SKGAPOK 01M TIL. *****U (19 UNES) Fa: *****04 (01 to ********** M) ITIAITI/HMIAW QUIT IMTICI S pore P KeUng Penang cam HMtEST Karachi Oubai H NRI MODI KM Karachi Dubai IMS N» CHIMA BMTICI GOLDEN WONDER
      304 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      980 37 SSflll PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I JV CP NO **********0E I I VESSEL VOY SIN CMB JIB JEO AOJ ADE HOD PZU ASA KOTA WtJAY A WJAO33 16/11 20/11 27/11 30/11 3/12 28/11 1/12 4/12 KOTA BERK AT BKTOO3 28/11 3/12
      980 words
    • Advertisement
      Page 37 Advertisements Column 2
      1204 37 vessels I vor I spore Hamburg rottcrqam antwcrp Thames le harve WILE DC VESTA 7430W 03/11 01/1? 03/1? 04/1? OS/1? o</1? WLt DC TTTAjg 9330W 1?/11 OS/1? 11/1? 1?/1? 13/1? 14/1? ADAM >H>»HUM 7131W 24/11 17/1? U/12 20/12 21/12 ?3/l? MED MARSEALES M3IW 31/11 24/12 26/12 ?7/l? ?l/l? 30/1? •ALSO
      1,204 words
    • Advertisement
      Page 37 Advertisements Column 3
      463 37 BSfl it. EBW^» mm MYANMA fiNk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P.Gdj TAUNGGYI V473N 3/4 Nov PAGAN V2O2W 14/1 C No* HP* AN VIS7W 20/22 NOV MALAYSIA AGENTS BOUSTEAO SHTPMG AGENCCS KUI TU 03 *****00 PKL TEL 03 3Mt7(7 PEN TEL 04
      463 words
Page thumbnail Page 38
Page thumbnail Page 39
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      2798 40 Full Container Liner Services Malaysia s Agents: Indonesia's Agents: J General Agents: Booking Agents: Gum Guan Skipping Sdn Bhd Chung Ckiao Skipping Sdn Bkd P.T. Global Pitta Indonesia Maritime Costar Shipping Pic Ltd Skipping rmghtlwtan Cartre Sdn Bhd 51 Poniaraa Kaja MWi Mini Let 134, 3rd Floor, 11. Iff. H.
      2,798 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      546 41 yji FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 8/H ROTTERDAM 8/TI AARHUS/COPENHAGEN 8/tl HAMBURG/BREMEN 8/TI MARSEILLE/FRANCE 47T1 FEUXSTOWE/UK 8/11 BARCELONA/SPAIN 3Tfl LEHAVRE/FRANCE 8/TI GENOA/ITALY 47A ANTWERP/BELGIUM 8711 LOS ANGEIES/WC/Ht 7/11 SYDNEY/MELBOURNE 5/11 NEW YORK/EC 77fl FREMANTLE/ADELADE 4/11 VANCOUVER 3/11 BRISBANE
      546 words
    • Advertisement
      Page 41 Advertisements Column 2
      970 41 Hfflßl i'IHJIIIfIpBjMBSI M B^—TTf J7.1 S vtaatL 5!?? fl VESSEL VOY SIN PEN "te M&3 VESSEL VOY SN BKK h CHAIYA BHUM 241 Ell 8/11. TMB 1/11 PEJA BHUM 2177 Fri 5/11 Sat 0/11 Kj XETHA BHUM 20N Tw lln Pt Frt I 5/11 BHATWA ggjg §5! g/11_ Wod 10/11
      970 words
    • Advertisement
      Page 41 Advertisements Column 3
      225 41 p»— Guaranteed Sailings to: -I BANGKOK LAEM CHABANG JAKARTA PORT KELANG 1 •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINA TIONS I yTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) ®i ETHIOPIAN SHIPPING LINES (National
      225 words
    • Advertisement
      Page 41 Advertisements Column 4
      457 41 pi DONGNAMA LINE KSSG \~H mt BIN P* BSK DC HONGKONS CtOT V3UA 4/11 (/U t/U 19/11 21/11 WQJM VJOW 11/11 13/11 14/11 16/11 26/11 28/11 TULSOAS ¥312* 18/11 21/11 22/11 3/12 S/12 SARONC It*OOi V3O3N 2S/U 27/11 21/11 29/11 10/12 12/12 Htwanwt a.o»T mm LjmJ 4/12 1/12 17/12 u/12
      457 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1844 42 ■IAIMN CONTAINER LINES I -N=AV A 9Wli: MAC-NELS BPORE: *****22 (24 LINEB) X C/n No: **********0 C SIBU (064) *****9 KUCHING (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN
      1,844 words
    • Advertisement
      Page 42 Advertisements Column 2
      1022 42 f THONG SOON UNES PTE LTD I /TIA 78 SHENTON WAY #10-01, SINGAPORE 0207 I I VX V TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL vor S PORE PEST VESSEL VOT FpjtT" PEST EQUATOR GRACE 103/3E 04
      1,022 words
Page thumbnail Page 43
Page thumbnail Page 44
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      57 45 —~1 Tfie Housekeeper -this hotel| O \vi4 I I wants is me. Bub I'll never neglec-t I I -fcViis bat^! J Any J<«Bvny Career. Available Any day. Any Time, anywhere. The Straits Times The Sunday Times business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA
      57 words
    • Advertisement
      Page 45 Advertisements Column 2
      20 45 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. f Business Times WE KNOW ASIA
      20 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      750 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 OSOO 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 J 11 2.5 2.6 2.5 2.1 16 1.2 1.0 09 1.1 1.5 2.2 2.8 3.1 3.0 2.7 2.2 1.5 1.0
      750 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      560 46 A VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA I VIGOUR PACIFIC 30NB 05/11/93 13/11/93 VIGOUR PACIFIC 30ANB 08/11/93 13/11/93 VIGOUR SINGAPORE 66N8 12/11/93 20/11/93 W,W T VIGOUR SINGAPORE 66ANB 15/11/93 20/11/93 1 Poxr klang/penanq full ccwtmner service VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR MINDANAO 9329N8 05/11/93 07/11/93 09/11/93
      560 words
    • Advertisement
      Page 46 Advertisements Column 2
      17 46 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Friday in BT
      17 words
    • Advertisement
      Page 46 Advertisements Column 3
      332 46 @APPENSHIP /2\ HAMBURG ITTI CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VtSSaS LOAOMG PORTS DISCHARGE LOADING FOR YOU MING 23.09.93 SPORE S/11. BKK 9/11 HMA IN HAMBURG 07.10.93 SPORE 12/11. BKK 16/11 KAN IN ANTWERP 02.10.93 SPORE 13/11 KOALA CONTAINER LINE STORE FIX HAM
      332 words
    • Advertisement
      Page 46 Advertisements Column 4
      419 46 1. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/11 20/11 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCLI EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
      419 words
Page thumbnail Page 47
  • Page 47 Advertisements
    • Advertisement
      Page 47 Advertisements Column 1
      874 47 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS TOY PNA PKE PCD VESSELS TOY SIN HTM AHT* LEH* HAM BKt FEI H»M ADVANCE 30* 03/11 04/11 05/11 St MARINER 307W OS/11 26/11 26/11 27/11 28/11 28/11 30/11 NORASIA MALACCA 9332 A 10/11 11/11 12/11 H. EXPLORER 308* 15/11
      874 words
    • Advertisement
      Page 47 Advertisements Column 2
      491 47 I STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSKI W n KBC M TMBSMTO M 11/H ft/11 11/11USTIM 7 n u» I QOK lIUUO I 5/11 1/11 amu »a i n Mua how 4S ii/u m u/ii mil* 21 11/H 11/H j ASIAN STtt 112 21/11
      491 words
    • Advertisement
      Page 47 Advertisements Column 3
      943 47 I VESSEL VOT ISI ETA/P LAX 1 OAK CH 1 DAL HM/COL I HOU NYC 1 NOR I UNRY HUDSON BRPGE _70* 04-05/11 21/11 23/11 24/11 25/11 25/11 26/11 26/11 27/11 I ALLIGATOR TRRJMPM 50A 11-12/11 21/11 30/11 01/12 02/12 02/12 03/12 03/12 04/12 j I MACKINAC BRPGE _72A IS-19/11
      943 words
Page thumbnail Page 48