The Business Times, 26 October 1994

Microfilm: NL19583
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday October 26 1994 75 c
    14 words
  • 2 am LATEST
    • Article
      Lock icon Dow down 6 points
      63 1 Reuter NEW YORK Wall Street stocks were mixed at midday yesterday despite the dollar's early fall to a new post-war low against the yen. At Ipm EDT, losers led gainers by nearly 2-1 with 193 million shares traded on the New York Stock Exchange. At 2pm
      Reuter  -  63 words
    • Article
      Lock icon Russia admits oil spill was extensive
      42 1 AFP MOSCOW Russia's environment ministry yesterday admitted that 60,000 tons of oil leaked recently from a ruptured pipeline in Arctic Russia, almost twice as much as in the Exxon Valdez spill in Alaska in 1989. AFP
      AFP  -  42 words
  • Article
    Untitled
    161 1 Stock market indices Tuesday Change STII 2,362.54 -14.32 KLSEComp 1,102.23 -6.84 Nikkei 19,732.15 -120.22 HangSeng 9,246.50 -117.79 SET Index 1,501.58 -20.90 Jakarta Comp 514.53 +2.05 CLSA China B ....1,158.35 +4.10 Aust All Ord 2,021.8 -15.6 FTSE 100 3,000.9 -28.2 Tuesday Previous 2pm EDT close Dow Jones 3,849.24 3,855.30 Average of
    161 words
  • Article, Illustration
    Death of Tat Lee patriarch sparks talk of takeover
    607 1  -  By Quak Hiang Whai SINGAPORE Tat Lee Bank (TLB) founder and chairman Goh Tjoei Kok died yesterday morning immediately triggering takeover rumours which sent the share prices of his companies rising sharply in an otherwise soft market. Analysts say the mediumsized
    607 words
  • Article
    Lock icon American consumer confidence dips for fourth straight month
    278 1 Bloomberg Business News AP NEW YORK American consumer confidence in the economy fell in October for the fourth straight month, weakened by increased pessimism over future job opportunities, the Conference Board reported yesterday. The nonprofit business research group said its index of
    Bloomberg Business News; AP  -  278 words
  • Article
    Regional stocks hit by US rate fears
    129 1 SINGAPORE Worries that US interest rates could be raised soon dragged down share prices around the region yesterday. On Monday, the Dow Jones index dropped 36 points as long-term interest rates rose past 8 per cent, as traders feared that the US authorities
    129 words
  • Article
    Furniture giant Ikea shifts regional purchasing office to S'pore
    387 1  -  By Juliette Walker SINGAPORE Scandinavia's Ikea has moved its regional purchasing office here from Hongkong as it gears up for expansion in the region. The managing director of Ikea Asia Pacific, Peter Froman, said yesterday the group made the move because
    387 words
  • Article
    Packaging firm Broadway to launch main board IPO soon
    368 1  -  By Ven Sreenivasan SINGAPORE Home-grown foam packaging maker Broadway Enterprises is expected to launch a main board initial public offer soon. The company obtained inprinciple approval from the Stock Exchange of Singapore earlier this month, sources say. The IPO the 16th
    368 words
  • Article
    Lock icon US long-term rates breach 8% on worries over brisk economic growth
    319 1 Bloomberg Business News NEW YORK Long-term interest rates in the US breached the 8 per cent level on Monday amid concern that economic growth remains too brisk for the liking of the country's inflation-wary central bank. Yield on the
    Bloomberg Business News  -  319 words
  • Article
    Lock icon Dollar slides as Fed fails to intervene
    187 1 Reuter LONDON The dollar was punished on the foreign exchanges yesterday, falling to a post-1945 low against the yen and a two-year low on the mark, as the Federal Reserve and other central banks failed to ride to its rescue. "There are only
    Reuter  -  187 words
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      197 1 4| T AL I ri rti oil u per Mtws companies S"pore New 2 Spore-NT sa —17.18 Regional News 3.4,5.6 Financial 21.22 World News 8.9,10 Features llufcits Regional Analysis 15 Ctob/KLSt, SES 26-28 Edrton* 14 2* Soorfs 11 World 24 TV/Lifestjte 13 Currencies 23 Simen/Commo ..22,23 Trtllllplilß TH 1800-*****77 Fax
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      28 1 Regional Analysis: Pg is Shake-up in Cambodian Cabinet INVESTING '94 A BT special supplement Don't miss it Chinatown shophouses set new price benchmark at URA auction, Pg 2
      28 words
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      37 1 Hock Lock Siew: p g 17 j 2 V NBT poised for change lifefortune Obituary: Empire built from scratch, Pg 2 Hot Stock, Pg 17 US wage costs up moderate 0.7%, Pg 16 Full reports, Pgs 24-28
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      144 1 Business Trends S 223 3362 INTERNATIONAL PLAZA g j3 08 Committed to Creating Better Work Environment jßofflm Line: Pg 16 PifVptnericana not cost-free Economy resilient, Pg 7 ill ajjfci" ii j And Let 71 gss§|3 y eafJ Expertise Work For You In V ~,v GR-2010 f I" TRADE IN YOUR
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Car loans drive finance companies
        268 2  -  By Shiv Taneja LOANS and advances by finance companies grew 27.1 per cent year-on-year in August to $13.6 billion, fuelled by strong growth in loans for car purchase. The latest figures from the Monetary Authority of Singapore show hire-pur-chase finance for vehicles accelerated 44.6 per
        Source: MAS  -  268 words
    • Article
      Three-way pact seen as vital for growth in Malaysia, Singapore
      271 2  -  By Ven Sreenivasan THE IMPORTANCE of partnership between government, employers and workers was the focal point of two speeches delivered on the opening day of the 1994 World Productivity and Human Resources Development Conference here yesterday. Malaysia's International Trade and
      271 words
    • Article
      Chinatown shophouses set new price benchmark at URA auction
      373 2  -  By Abdul Hadhi NEW benchmark prices were s set for Chinatown shophouses yesterday at an auction by the Urban Redevelopment Author- j ity. Four parcels in New Bridge Road fetched between $3,644 and $5,409 per sq ft. Industry sources said later
      373 words
    • Article, Illustration
      New Philips centre to lead the way in regional R&D
      333 2  -  By Michelle Low DUTCH electronics giant Philips yesterday opened a $15 million Asia-Pacific centre for manufacturing technology here, strengthening its commitment to Singapore. The centre, which will spearhead Philips' regional research and development work, involves a direct transfer of responsibilities
      333 words
    • Article
      Court adjourns Pac Can case to year-end
      275 2 FORMER Pacific Can Investment Holdings chairman Edward Goh's suit against the company has been adjourned to Dec 27. The case, which has taken up the full two weeks allotted to it, was adjourned on Friday to a date to be fixed. At the
      275 words
    • Article
      Corrections & clarifications
      76 2 Corrections clarifications IN AN ARTICLE on Sat May headlined "Green could tjMfhc colour of money for pore", we incorrectly quoted Economic Development Board senior industry officer Koh Kok Sin as saying: 'To impose a 1.5 per cent sulphur content cap (on bunker fuel), rap re than US$2O million would have
      76 words
    • Article, Illustration
      Tat Lee Bank founder leaves business empire he built from scratch
      667 2 Obituary LIKE many of Singapore's pioneering entrepreneurs, the story of Tat Lee Bank patriarch Goh Tjoei Kok is one of rags to riches. Mr Goh, who died yesterday at 89, leaves a business empire which spans almost every major
      667 words
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      202 2 ,;=/_``+:@/,<@:\|?""]>|,,&*{"!\ JBi -Rc 1 m f l r P v ff m 1 4wpf jfmr B S&fi ft-1. r v3 I f 'm* m |MbHb m\ jr»&f jf jBiJ ?ISBBaPS%i. F-m > TIME /j|BhNThe measurement of time is all around To flawlessly record the passage of time, v&r us in
      202 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Indonesia confident of carving niche in world aircraft market
      543 3  -  From Leslie Lopez in BANDUNG INDONESIA'S aircraft manufacturer, which will set up an assembly plant in the United States with the cooperation of several groups including General Electric, is confident that its planes can carve a niche in the brutally competitive
      Reuter  -  543 words
    • Article
      Funcinpec stalwart to replace prince as foreign minister
      337 3  -  From Harish Mehta in PHNOM PENH CAMBODIAN Foreign Minister Prince Norodom Sirivudh, who resigned yesterday, will soon be replaced by his party colleague and friend Ung Huot, a politician who has been shunted from two ministries in the past year. An aide
      337 words
    • NOTEBOOK
      • Article
        Lock icon Yangon admits 3 more foreign banks
        73 3 Reuter YANGON Myanmar has issued three more licences to foreign banks to set up representative offices here, the state-run Myanmar News Agency reported. Global Commercial Bank of Cambodia, Hongkong and Shanghai Banking Corp and Bangkok Bank were issued licences on Monday. Licences to open
        Reuter  -  73 words
      • Article
        Lock icon Hanoi issues 350 investment licences
        62 3 AP HANOI The authorities have licensed a record 350 foreign investment projects so far this year, with total pledged capital of US$3.5 billion (Sss.l billion), an official newspaper said yesterday. The English-language Vietnam News said the new projects brought to 1,186 the number licensed since
        AP  -  62 words
      • Article
        Lock icon Chuan to hold talks with Clinton
        66 3 Knight-Ridder BANGKOK Thai Prime Minister Chuan Leekpai will hold talks with US President Bill Clinton next month on a Thai-US economic cooperation treaty that Thailand wanted to amend, yesterday's Bangkok Post said. The two leaders will have bilateral talks in Indonesia, where they will
        Knight-Ridder  -  66 words
      • Article
        Lock icon Johor SEDC posts M$ 392m turnover
        74 3 Bernama JOHOR BARU The Johor State Economic Development Corporation (SEDC) recorded a turnover of M 5392 million (***** million) for the year ended Dec 31, 1993, up 5.6 per cent from 1992. Johor Mentri Besar Muhyiddin Yassin, who is also its chairman, said in
        Bernama  -  74 words
      • Article
        Lock icon Seoul donates US$ 25m in road aid
        55 3 Bloomberg Business News HANOI South Korea donated US$25 million in aid to upgrade roads near here, the Lao Dong newspaper reported yesterday. A stretch of 75 km of highway will be repaired with the funds. The paper reported that Daewoo Corp won the
        Bloomberg Business News  -  55 words
    • Article
      Lock icon KL to invest US$ 11.5b in natural gas projects
      324 3 Reuter KUALA LUMPUR Investment in Malaysia's natural gas industry will total US$ll.5 billion (5516.9 billion) between now and the year 2000 as the country gears up to meet higher domestic and regional demand, Malaysian officials said. Spending over the next six
      Reuter  -  324 words
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      167 3 Regional Analysis: The mettle shines, Pg 15 H|| i 'LS-ud JT M ibO llllillllllnWSH Rt $JM s ~w HH^HH^hihhhhhhhhhhhhhbh For worldwide communications solutions, talk to your local partner. We believe that the most effective communi- which are based on the latest international To date, more than 129 million digital lines
      167 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      China aims to keep inflation under 20%, says central bank
      455 4  -  By Schutz Lee SINGAPORE China has to live with high inflation, but the monetary authorities aim to keep it under 20 per cent, says Zhu Xiaohua, deputy governor of the People's Bank of China. "China is like a plane taken
      455 words
    • Article
      Lock icon China won't back binding Apec trade time-table
      281 4 Reuter BEIJING China will not accept a binding time-table for free trade in the Asia-Pacific region, although it backs liberalisation as a long-term aim. a senior official said yesterday. Li Enheng, director of the Department of International Trade and Economic Affairs in China's
      Reuter  -  281 words
    • Article
      Lock icon Beijing says it has kept its word on copyrights
      337 4 AP BEIJING China said yesterday it has lived up to the letter of a 1992 memorandum of understanding with the United States on protecting copyrights, patents and other intellectual property. Deputy US Trade Representative Charlene Barshefsky said earlier this month that
      AP  -  337 words
    • Article
      China partners won't interfere with new bank
      547 5  -  From Catherine Ong in BEIJING CHINESE shareholders in their country's first investment bank have assured foreign partners the joint venture would not be obliged to take on deals with no commercial merit, senior officials at Morgan Stanley said yesterday. Richard Fisher, chairman of
      547 words
    • Article
      Lock icon China should raise rates to curb inflation: economist
      200 5 Bloomberg Business News BEIJING A senior Chinese economist has called for an increase in official interest rates as a means of curbing runaway inflation. Zhang Zhuoyuan, director of the Beijing-based Institute of Industrial Economics, said yesterday that interest rates on loans of
      Bloomberg Business News  -  200 words
    • Article
      Lock icon Beijing to borrow more for infrastructure
      277 5 Bloomberg Business News AFP BEIJING Finance Minister Liu Zhongli says China will increase its foreign borrowing so it can invest US$5OO billion (*****.8 billion) in a huge infrastructure building programme over the next decade, the official China Daily reports. Though China invested 182.14 billion
      Bloomberg Business News; AFP  -  277 words
    • Article
      Lock icon China yet to set timetable for stock market reforms
      275 5 Bloomberg Business News BEIJING China's securities watchdog has not fixed a timetable for implementing key stock market reforms and requires the cooperation of other government ministries to proceed. a senior regulator said. Three key reforms were announced by the China Securities
      Bloomberg Business News  -  275 words
    • Article, Illustration
      Lock icon Have wheels will communicate
      25 5 Reuter Workers transporting a satellite dish in a wheelbarrow along a Beijing street for delivery in the embassy district on Monday.
      Reuter  -  25 words
    • Article
      Lock icon China approves biggest bankruptcy
      74 5 Reuter HONGKONG The supreme court in China's central province of Hubei has approved the country's biggest bankruptcy, the Ta Kung Pao newspaper said yesterday. The Wuhan Container Co Ltd had debts of 146 million yuan (5524.8 million) and assets of only 56 million yuan, the newspaper
      Reuter  -  74 words
    • Article
      Lock icon Long waiting list for Shanghai phones
      72 5 Reuter SHANGHAI Twenty thousand Shanghai residents trying to buy a portable telephone are getting a busy signal. They were on a waiting list that was growing at a rate of 3,000 each month to acquire the latest Chinese status symbol, the Wen Hui daily
      Reuter  -  72 words
    • Article
      Lock icon Taiwan sets term for car imports
      70 5 Bernama TOKYO Taiwan's Economic Affairs Minister Chiang Pingkun told a top Japanese business leader yesterday that Taipei win ease its restrictions on car imports from Japan if it is allowed to join the General Agreement on Tariffs and Trade (Gatt). Mr Chiang made the
      Bernama  -  70 words
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      809 4 I Globalisation. RegionaHsation. Total Quality Management Business Reengineering. These are the key words in the New World Order. In the midst of political upheavals and technological developments, 1 business organisations need to gear themselves to the changes in the market forces. I How do organisations tackle the challenges in the
      809 words
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      376 4 Raffles Chy Convention Centre Singapore S. mPI jPi Stamford Ballroom Foyer (level 4) 111 s i 25-27 October f 4 11.00 am 6.00pm W I lAdmissionI Admission Trade visitors, professionals, y invited guests and conference delegates only. From ihe 25 to 27 October, productivity activists and HRD practitioners from all
      376 words
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      147 5 MW wFIA B B w. i: 11 B B r Ji^Hfl B B iiH' I I I With COMPANION™, you can work, walk and More than that, you'll have access to information H B B talk anywhere in your building. From any angle! when you need it, allowing for immediate
      147 words
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  • REST OF ASIA
    • Article
      Lock icon Yen's rise not disastrous for Japan's economy — yet
      427 6 Yen's rise not disastrous for Japan's economy yet Reuter TOKYO The yen's latest flirtation with record highs is unlikely to stifle Japan's nascent economic recovery, but further substantial rises would be a different story, private economists said yesterday. "The Bank of Japan (BOJ) is rather optimistic about the impact of
      Reuter  -  427 words
    • ASIA NOTES
      • Article
        Lock icon Sri Lanka opposition seeks new leader
        76 6 AFP COLOMBO Sri Lanka's main opposition yesterday went into a huddle to choose a new leader following the assassination of their presidential candidate Gamini Dissanayake in a suicide bombing. The opposition United National Party (UNP) began its first round of talks to appoint a
        AFP  -  76 words
      • Article
        Lock icon Tokyo sets up deregulation committee
        78 6 Knight-Ridder TOKYO The Japanese government decided yesterday to set up a committee to study deregulation measures and choose panel members from the private sector, cabinet members said. The administration of Prime Minister Tomiichi Murayama has pledged to come up with details on the 279-point deregulation
        Knight-Ridder  -  78 words
      • Article
        Lock icon Japan eyes China defence ties
        84 6 AFP TOKYO Japan wants to renew defence exchanges with China and plans to invite its defence minister, Chi Haotian, to visit Tokyo, government officials indicated yesterday. Exchanges have been suspended since the Tiananmen Square massacre of pro-democracy demonstrators in 1989. China has informed the Japanese
        AFP  -  84 words
    • Article
      Lock icon Keating budget inaction spells higher rates: economists
      282 6 Reuter CANBERRA Australian Prime Minister Paul Keating's avowed determination to avoid cutting government spending could push interest rates higher than they would be if fiscal policy was tighter, economists said yesterday. Some economists saw official cash rates, now at 6.5 per cent, reaching
      Reuter  -  282 words
    • Article, Illustration
      Lock icon Ex-governor in Sagawa Kyubin graft scandal found guilty
      228 6 AFP TOKYO A former governor was yesterday found guilty of failing to report US$l million (551.47 million) in dubious donations in the corruption scandal which has rocked Japan for two years. The Niigata district court ruled that Kiyoshi Kaneko, 62. violated the
      AFP; Reuter  -  228 words
    • Article
      Lock icon India poised to overtake US in cable TV network
      201 6 Reuter BOMBAY Barely three years after private television first hit India, the country is forecast to become one of the world's largest cable and pay television markets by 2000, analysts said. According to estimates made by the cable TV (CTV) equipment
      Reuter  -  201 words
    • Article
      Lock icon S Korean chip makers invest aggressively in factories
      249 6 AFP SEOUL South Korean semiconductor manufacturers have plunged into fierce competition, injecting enormous chunks of money to build facilities to produce next-genera-tion chips, industry analysts here said yesterday. South Korea's Goldstar Electron Co has earmarked U553.75 billion (555.51 billion) for the construction
      AFP  -  249 words
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      301 6 A FUTURISTIC INTERPRETATION OF A HALLMARK IN MODERN DESIGN. JHSESSESSSS Th# Movado Museum I Stootliches Museum ongewondtt lunst Q 1 Germany Meseum Modern# lunst About the legendary gold I****** < ehtt^ dot dial: "We do not know 'time' as numbers," artist Nathan imeita,niifcubrii George Horwitt said, "but M#seod ec#n,em P
      301 words
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  • THE WORLD
    • Article
      Lock icon Environment group files protest at World Bank project in Nepal
      390 7 AP WASHINGTON An environmental group filed a formal complaint against the World Bank on Monday over a massive hydroelectric project in Nepal the First action taken under a new independent inspection programme set up by the bank. The International Rivers
      AP  -  390 words
    • Article
      Lock icon US inventor, partner awarded US$ 96m for hushed up product
      261 7 Reuter OAKLAND, California A California jury has awarded US$96 million (S$ 141.1 million) in damages to an inventor and an entrepreneur who alleged that a company deliberately suppressed their energysaving light fitting. After a seven-month trial, the Alameda County Superior
      Reuter  -  261 words
    • Article, Illustration
      Lock icon Seven Picassos stolen
      41 7 Reuter ZURICH Seven works by Pablo Picasso worth about 52 million Swiss francs (5561.25 million) were stolen from gallery here over the weekend. One of the missing paiatings, Viellard el FiUette (L'Avemgle), Paris 1904 is shown here. Renter
      Reuter  -  41 words
    • Article
      Lock icon Drop in budget deficit gives Clinton much needed boost
      233 7 AFP AKRON, Ohio A drop in the budget deficit gave US President Bill Clinton a badly needed boost on Monday at the end of a three-day campaign swing plagued by press leaks and shaky party alliance. "This country's in better shape
      AFP  -  233 words
    • Article
      Lock icon Economy is more resilient than expected: Fed vice-chairman
      285 7 Reuter WASHINGTON Federal Reserve vice-chairman Alan Blinder said the US economy has been more resilient than he or other Fed officials would have thought following the five interest rate hikes engineered by the central bank since February. Mr Blinder also said in
      Reuter  -  285 words
    • Article
      Lock icon German think-tanks double economic growth forecasts
      375 8 Institutes sound note of warning over unemployment Reuter BONN Germany's six leading economic institutes have doubled their growth forecasts for the German economy for 1994 and 1995, but warned that unemployment will remain high despite an unexpectedly strong economic recovery. The institutes expect western
      Reuter  -  375 words
    • Article, Illustration
      Lock icon Stand by me
      56 8 Reuter LILLE, France A French high school student wearing an Islamic headscarf looking to her father for support before going into a disciplinary council with 16 other girls on Monday. The Muslim girls refused to obey an order by Education Minister Francois Bayrou banning "ostentatious religious symbols"
      Reuter  -  56 words
    • Article
      Lock icon US real estate regains confidence of foreign investors
      287 8 NYT WASHINGTON Foreign investor confidence in US real estate has rebounded with Atlanta and Washington DC heading the list of most desirable cities for investment, according to a new survey. The findings, by the Association of Foreign Investors in US Real Estate
      NYT  -  287 words
    • Article
      Lock icon Tanker broke UN ban: captain
      157 8 AP KUWAIT The captain of a Honduran-flagged tanker intercepted by UN sanctions monitors admitted on Monday he broke the four-year-old UN embargo on Iraqi oil exports, but said he did so under orders from the ship's charterer. "I know export from Iraq is illegal, but
      AP  -  157 words
    • Article, Illustration
      Lock icon Clinton starts Middle East tour amid huge security crackdown
      422 9 AFP Reuter WASHINGTON US President Bill Clinton left for a three-day, six-nation tour of the Middle East yesterday. Today, he will witness the signing of a historic peace accord between Israel and Jordan. He will later fly on to Kuwait to
      AFP; Reuter  -  422 words
    • Article
      Lock icon Analysts split on fate of loan deal for Russia
      208 9 Reuter NEW YORK Postponement of debt talks last week between Russia and its commercial creditors due to the rouble crisis and reshuffling of the government has left analysts split on the fate and timing of a deal. While some analysts believe
      Reuter  -  208 words
    • Article
      Lock icon Trade envoys to meet in December over WTO start-up date
      282 9 Reuter GENEVA Senior trade envoys will meet on Dec 8 to set a date for entry into force of the World Trade Organisation (WTO), a spokesman for the General Agreement on Tariffs and Trade (Gatt) said yesterday. Gatt director-general Peter
      Reuter  -  282 words
    • Article
      Lock icon UK lawmakers warn of unleaded fuel dangers
      200 9 Reuter LONDON British legislators urged the government yesterday to stop thousands of motorists using unleaded petrol with cancer-causing chemicals. Parliament's Transport Committee said high-octane unleaded petrol, widely promoted as a "green" fuel, should be banned by the end of 1996 at the latest.
      Reuter  -  200 words
    • WORLD WATCH
      • Article
        Lock icon Quebec, Hubei sign trade pact
        60 9 AFP MONTREAL Quebec premier Jacques Parizeau and the governor of the Chinese province of Hubei, Jia Zhijie, signed on Monday an economic, scientific and technical cooperation agreement, a government source said. The agreement would be used as a basis for strengthening ties in these three
        AFP  -  60 words
      • Article
        Lock icon German economy seen growing 2.5%
        99 9 Bloomberg Business News FRANKFURT The German economy will grow by 2.5 per cent in the current year, and will expand by 3 per cent in 1995, Germany's six leading economic research institutes said in their fall forecast, the daily Frankfurter Allgemeine Zeitung reported yesterday. That
        Bloomberg Business News  -  99 words
      • Article
        Lock icon US missile security lax: report
        64 9 Reuter WASHINGTON US hand-held missiles like the Stinger are vulnerable to theft because of lax security and poor record-keep-ing by the military, a congressional report said yesterday. The report by the General Accounting Office, the congressional investigating agency, said its review of Stinger, Redeye and
        Reuter  -  64 words
      • Article
        Lock icon Germany doubles trade surplus
        85 9 AFP WIESBADEN Germany doubled its trade surplus to 7.1 billion marks (Ss7 billion) in August from 3.5 billion marks in July, the federal statistical office reported yesterday. The balance on current account showed a deficit of 6.5 billion marks from a deficit of 13.4 billion marks
        AFP  -  85 words
    • Article
      Lock icon IMF to boost loan cash for developing, E Europe nations
      178 9 Reuter WASHINGTON The International Monetary Fund said on Monday that it will sharply boost the amount of money it has on hand for lending to developing countries and former East bloc nations. The move will free up billions of dollars
      Reuter  -  178 words
  • Page 7 Advertisements
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      281 7 BECAUSE YOU'VE ALWAYS BELIEVED A PORTFOLIO SHOULD BE BUILT ON BLUE CHIPS, NOT HOT TIPS. UHiLXll''lllimiL— —llJ—iillil—|Q 1 Above the haggle of speculative sentiment, thankfully, there will be a delect a cabin jo spacious, it accommodated five adults with uncommon comfort, following who choode to invedt in nothing ledd than
      281 words
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      97 7 I Tenders close 18th November. 1994 at 4 00pm WST A DEVELOPMENT OPPORTUNITY WITH IMPECCABLE TIMING, IQONDALUP Prime development site in Perth's fastest growing region. In an area with estimated population of 290.000 by 2001 jB To be offered in two adjoining parcels of S 20,787m 2 and 8.279 m'
      97 words
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      262 8 AS A MODE OF CONFLICT MANAGEMENT IN THE BUSINESS ENVIRONMENT Seminar Conducted By: Dr. Marshall Rosenberg Clinical Psychologist with 20 years of experiences on Compassionate Communication Training Venue: Boulevard Hotel, Singapore Date: 9 November 1994 Time: 9.30 a.m. 4.00 p.m. Fee: SCD 380.00 (Inclusive of lunch and 2 coffee breaks)
      262 words
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      34 8 Jk kJ Knight Frank J Chconji H<»ck h>< liaillit'U AUCr/ONj I PRIME J_ SECURE I I LOCATION T LEASES I 28 KINGS PARK ROAD, PERTH, WESTERN AUSTRALIA 2 INTERNATIONAL TENANTS Singapore (65) 222 1333
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      129 9 Federal Express is the first air express company to fly its own planes out of Singapore. But that's not our only first. For over five years we've flown out of Singapore. And today we have seven aircraft a week flying out Here are a few others: FedEx was the first
      129 words
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  • WORLD FOCUS
    • Article, Illustration
      Rising cost of benefits devours budgets
      995 10  -  Crisis in Russian pension policy Fran John Helmer in MOSCOW WHAT does the new Russian state owe those whose working life is approaching its end? For many Russians, the answer is everything and nothing. This is the paradox of Russian pension policy right now.
      995 words
    • Article
      Lock icon Economy seen slowing, inflation falling next year
      540 10 Reuter MOSCOW The Russian economy, already reeling from three years of market reforms, will contract further in 1995, but inflation will slow, according to official documents presented to parliament. An economics ministry forecast said gross domestic product a broad measure of goods and
      Reuter  -  540 words
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      127 10 if; I w Fly smooth as silk to over 70 destinations around the world. Smooth as silk is over 4,000 take offs and landing a week worldwide It's flying to eleven destinations in Europe five in Australasia, Los Angeles in the US A .and more destinations in Asia than any
      127 words
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  • SPORTS
    • Article
      Lock icon US-Europe women's golf matches grab the spotlight
      356 11 AP WHITE SULPHUR SPRINGS. West Virginia The timing was right for the Solheim Cup. Large galleries and a first worldwide television audience for the matches between the United States and Europe proved to be a winner for women's golf. It also did not
      AP  -  356 words
    • Article
      Lock icon NFL's record punt return highlights bizarre game
      393 11 AP NEW ORLEANS It was going on right under the noses of 49,908 fans and several dozen football players, but it was the best kept secret in the Louisiana Superdome. Los Angeles Rams return man Robert Bailey and a handful of officials seemed
      AP  -  393 words
    • Article, Illustration
      Lock icon Rough Sunday for quarterbacks in the NFL
      510 11 NYT NEW YORK It was a rough Sunday for quarterbacks in the National Football League. .i< Troy Aikman, Chris Miller and Vinny Testaverde were knocked out of games with concussions. Stan Humphries left late in the Chargers' 20-15 loss to Denver with a
      NYT; Reuter  -  510 words
    • Article, Illustration
      Golf
      170 11 LONDON Men's world rankings issued on Monday: 1 Nick Price (Zim) 21.54 pts ave 2 Greg Norman (Aust) 21.06 3 Nick Faldo (Eng) 15.79 4 Jose Maria Olazabal (Spn) 15.27 5 Bernhard Langer (Ger) 15.07 6 Fred Couples (US) 14.04 7 Ernie Els (SA) 13.66 8 Colin Montgomerie (Scot)
      170 words
    • Article, Illustration
      Rugby
      56 11 KUALA LUMPUR 14th Asian tournament Group A on Monday: Japan b Sri Lanka 67-3; Taiwan b Malaysia 23-15. Standings: 1 Japan 2 2 0 0 123 8 4 2 Malaysia 2 10 1 38 41 2 3 Taiwan 2 1 0 1 28 71 2 4 Sri Lanka 2
      56 words
    • Article, Illustration
      Tennis
      58 11 MIAMI WTA world rankings on Monday' 1 Steffi Graf (Ger) 355 pts 2 Arantxa Sanchez (Spn) 302 3 Conchita Martinez (Spn) 211 4 Jana Novotna (Cze) 154 5 Martina Navratilova (US) 146 6 Mary Pierce (Fra) 139 7 Lindsay Davenport (US) 122 8 Kimiko Date (Jpn) 114 9 Gabriela
      58 words
    • Article, Illustration
      American Football
      11 11 NEW YORK NFL on Monday: Philadelphia 21 Houston 6.
      11 words
    • Article
      Lock icon Hill treads lightly with Schumacher fan
      242 11 AP LONDON Confronted by a German auto racing fan, Damon Hill resorted to his best international diplomacy. The Formula One driver, appearing at a record store on Monday to promote a new auto racing video game, took questions from adoring British fans about his
      AP  -  242 words
    • Article, Illustration
      Lock icon Racism on US links gradually becoming a thing of the past
      437 11 Golf AP BIRMINGHAM, Alabama Tiger Woods does not envision himself a racial pioneer, singlehandedly taking on the elitist country clubbers who believe a black's role on the golf course should be limited to caddying. "It's tough enough worrying about
      AP  -  437 words
    • SIDELINES
      • Article
        Lock icon Eagles soar in Oilers match
        147 11 Reuter PHILADELPHIA Randall Cunningham threw a pair of touchdown passes in the second half as the Philadelphia Eagles beat the Houston Oilers 21-6 on Monday to stay on the heels of the Dallas Cowboys in the NFC East. Cunningham hit Fred Barnett on a 53-yard
        Reuter  -  147 words
      • Article
        Lock icon Senna's death cause confirmed: sources
        125 11 AFP BOLOGNA, Italy Ayrton Senna was killed when a piece of front-wheel suspension went through his helmet when he crashed in the San Marino Grand Prix in May, legal sources said here on Monday. An autopsy report has apparently confirmed the cause of death but
        AFP  -  125 words
      • Article
        Lock icon Guscott rejoins England rugby team
        135 11 AFP Reuter LONDON British Lion Jeremy Guscott will return to the England side to meet Romania at Twickenham on Nov 12 after more than a year out of rugby with a pelvic injury. Guscott rejoins England captain Will Carling, who wins his 50th cap, in
        AFP; Reuter  -  135 words
      • Article
        Lock icon Australia in thrilling win over S Africa
        90 11 AFP PESHAWAR, Pakistan Australia beat South Africa by three wickets in a thrilling finish to the Wills Triangular Series one-day match at the Arbab Niaz Stadium here on Monday. In reply to South Africa's 251 for six, Australia made 252 for seven, with
        AFP  -  90 words
      • Article
        Lock icon O'Neal, Staley net basketball awards
        154 11 AP COLORADO SPRINGS, Colorado Shaquille O'Neal, the most valuable player of the World Championships of Basketball, and Dawn Staley, the most valuable player of the Goodwill Games, have been chosen recipients of the US basketball male and female Athlete of the Year awards. Staley led
        AP  -  154 words
      • Article
        Lock icon Baseball fan sues league owners
        161 11 AP LOS ANGELES The lawyer for a fan who wed the Los Angeles Dodgers argued on Monday that US Major League Baseball owners violated a contract with season ticket-holders by not finishing the 1994 season. William Schellbach filed the suit on Thursday in Los Angeles
        AP  -  161 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      60 11 jAUCTRAUAPROPERTY OWNERS! If you wr recehHng rent and Intend to lodge tax return f stattmant for financial year ended 30 June 1994, kindly contact the fottowHng person for advice before 31 October 1994 to z avoid any penalty; |Vfs Low Cham fc Chan Certified Public Accountants 7500 A Beach Road,
      60 words
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      Page 11 Advertisements Column 2
      206 11 HYATT REGENCY SINGAPORE I brings you I Giacomo Puccini's I TOSCA Dinner Opera I 7.15pm 9th November 1994 Regency Ballroom level 2 I $120+++ per person, includes pre-dinner cocktails and a 4-course Western set dinner I J By I Set against 19th Century Rome a romantic tragedy between Cavaradosi. a
      206 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      591 12 M Nullmig Beats A Bud. ft rcV: ill Of BKB KB \V Cosmopolitan Buffet Lunch Buffet: 12 noon 2.30pm $16.80 (adult) $10.80 (child) Dinner Buffet: 6.30pm 10.00pm $18.80 (adult) $12.80 (child) All prni'l jrv subfi-rt lo 10" < service dune. IV covcnum-nt l.i* ami J% I.SI > Jsafe fiarmel hJIKSSSSIm.
      591 words
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      Page 12 Advertisements Column 2
      427 12 1 WHERE TO WINE, DINE AND ENTERTAIN "GOOD OLD FASHIONED FUN. AT CLUB 5." English and Chinese all-time favountes performed 'live'. Drinking and dancing. Fashion show every Monday and Thursday Happy Hours Monday to Friday. 5 pm 8 pm, with one for one standard drinks. Club 5. Ifs the place
      427 words
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      Page 12 Advertisements Column 3
      275 12 THE Etynwwr.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm lo 10.00pm 7 Ownw Umon Home Cottyrr Quay 0104 Td *****22 b kUmdmrm 1 i
      275 words
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  • LIFESTYLE
    • Article
      Far cry from Burton-Taylor Virginia Woolf
      593 13  -  Claire Leow finds Singapore Repertory Theatre's version of the play unsatisfying Claire Leow VIRGINIA WOOLF is a literary giant. And Edward Albee's awardwinning play Who's Afraid of Virginia Woolf? is a piece of work all by itself. The play centres on a drunken evening
      593 words
    • Article, Illustration
      Lock icon Stage-screen actor Julia, 54, dies
      574 13 A victim of stroke, Raul Julia could be romantic, authoritative or comic as an actor NYT Raul julia, an actor who distinguished himself in classics on Broadway and off and also became a success in movies, died on Monday at North Shore University Hospital in
      NYT  -  574 words
    • Article, Illustration
      Lock icon It's official: Costner to divorce
      202 13 CHATTERBOX Reuter AP AP ACADEMY Award-winning actor-director Kevin Costner and his wife Cindy are divorcing after 16 years of marriage, the couple announced on Monday. After weeks of rumours about an impending break-up, the couple issued a statement saying: "We did not come to this
      Reuter; AP  -  202 words
  • Page 13 Advertisements
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      71 13 ■■■■■■■■■■■■HHHHHMBMnHViHMKnMnMRHHnMnnHVinMHMMHii^RMii^^^^D k A New Zealand's glorious gateway to JKIVI t! rV a development of the highest calibre -y -w- -y—«< with amazing future potential. f I II I I Could be retail, high-rise offices, theatres, JJL X. X. I JL cafes, restaurants, hotel or apartments. pnp Site 5155 m' (55,488
      71 words
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      Page 13 Advertisements Column 2
      92 13 VALUE FOR MONEY VALUE FOR HONEY VALUE FOR MONEY < f NasipadanG I I BUFFET LUNCH I C'2O%.§S?S: M APPETIZER SOUP PRAWN CHICKEN FISH MUTTON |p a BEEF CUTTLEFISH CRAB EGG VEGETABLE m g DESSERT COFFEE/TEA AND MORE... c ut COME TO m i INDONESIAN RESTAURANT NO J-0, RIVER VAU.ERY
      92 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1246 13 r TVAWAPI Mongoose Mafia, 9pm, Cti 12 Wgjpz Mongooses are known for *^^822. bravely taking on snakes and other nasties, but these amaz- k W ingly sociable animals care tre- \Sr, mcndously for their young. j W Eliw They look afier J ''iSHflj ■fifew complex and affectionate social structure. 1994
      1,246 words
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  • Article
    Infrastructure prescriptions
    473 14 EDIT OftIAL Asia's infrastructure requirements are awesome. The Asian Development Bank estimated this year that the region's developing countries will have to spend up to US$l trillion on physical infrastructure in the next six years to keep economic development on course. In the power sector alone, they will
    473 words
  • Article
    Settle pay question first
    343 14 PAYING MINISTERS and civil servants as close to market rates as possible has been practised long enough here for Singaporeans to be familiar with the reasons for it, even if not all of them accept or support them. These reasons have been spelt out many times
    343 words
  • Article
    Progress on the peninsula
    187 14 THE US-North Korean accord signed last week represents a new approach in transforming an isolated, rigid nation. While others may criticise the accord as giving in too much to the demands of Pyongyang and possibly setting a bad precedent, the US and most probably South Korea,
    187 words
  • Article
    Protect the regional environment
    165 14 THE INFORMAL Asean Ministerial Meeting on the Environment in Kuching last week has resulted in an agreement to regard the Asean region as one ecosystem. The meeting was held in conjunction with the Malaysian Environment Week but it was also timely, considering the recent haze problem
    165 words
  • Article
    Great expectations
    102 14 TWO THINGS need underlining in Golkar's political statement announced during the celebration of its 30th anniversary here on Thursday evening. First, the fact that the ruling political organisation wants to play it clean. Second, the fact that the statement is loaded with words of sympathy towards the less
    102 words
  • Article
    What kind of duck is he?
    163 14 THE OPINION POLL published today, indicating that 82 per cent of people in Hongkong rate Governor Chris Patten's handling of relations with China in his policy speech as either average or below average, lends support to the contention that he should be doing more
    163 words
  • Article
    Be fair to maids
    111 14 THE RESOLUTION passed by 29 Eastern District Board members last Friday calling for a delay in the opening of a centre for domestic helpers in North Point is a disgraceful move. It was condemned yesterday by Mak Hoi-wah, chairman of the Movement Against Discrimination, as racism
    111 words
  • Article, Illustration
    Lock icon Anchors, engineers and great powers
    830 14  -  James Morgan examines the German paradox a nation that sees the need to be more firmly rooted in Europe, yet not project a threatening demeanour James Morgan The writer is the economics correspondent of the BBC World Service FT Germany is a great power, as
    FT  -  830 words
  • Page 14 Advertisements
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      61 14 I 4 In Business Times INVESTING •94 What's hot? What's not? Find out from the experts in Investing '94. Get their views on stockmarkets, bonds, Simex futures, currencies, commodities, property prices, golf memberships and collectibles. Get their advice on managing risks, private banking, unit trusts, insurance and taxes. INVESTING *94
      61 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      48 14 oe p\gg. 1 |u}C u>PvMT TO LOOK u«c>e£fiED DON T \jnoeJssTp\ND.... NVACTicvis CFOU? OMpeRPfMp if sou F\RE- P>uu IN TMe ou>l -CT PuBUC RELATIONS BUSINESS SELIOF/ uSr.Dv e fm£ U sI££PWG DOONESBURY GARRY TRUDEAU PiPJAPkir I HAVING IH£ T j M MVBGKEMZM- I I I V J *W!#!*»*
      48 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      The mettle shines in the new finance team
      1395 15  -  Shake-up in the Cambodian Cabinet HARISH MEHTA HARISH MEHTA The writer is BT's Indochina correspondent FEARS that Cambodia's economy would be adversely affected with the removal of controversial finance minister Sam Rainsy from his post last week look to be proved wrong.
      1,395 words
    • Article, Illustration
      'The king is being ignored'
      946 15  -  FACE TO FACE Harish Mehta interviewed Cambodian Foreign Minister Prince Norodom Sirivudh at his Phnom Penh residence yesterday as he typed out his letter of resignation Harish Mehta QUESTION: Why are you resigning as foreign minister after 15 months in office? ANSWER; I always work
      946 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      60 15 Titan Automatic Designer Ferdinand A Porsche Manufactured by IWC Schaffhausen Automatic movement Case in titanium or titanium with 1 8 ct gold bezel Sapphire glass Screw-in crown Water-resistant to 60 m PORSCHE DESIGN by IWC L J PORSCHE DESIGN OUTLETS As i W.V. v? .\(y- p*- lm t Wvc- A
      60 words
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  • Article
    M'sian manufacturers slow to act on eroding competitive edge
    481 16  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIAN manufacturers cite eroding price competitiveness and rising labour costs as prime concerns for the future, but they have done little to tackle these problems, a survey shows. Manufacturers also lack the aggressiveness and
    481 words
  • Article
    Lock icon US wage costs up moderate 0.7% in 3rd qtr
    394 16 Bloomberg Business News AP WASHINGTON Businesses' wage, salary and benefit costs rose a modest 0.7 per cent in the third quarter, while wage settlements in union contracts were moderate, the Labour Department said yesterday, providing little evidence of accelerating inflation. For
    Bloomberg Business News; AP  -  394 words
  • Article, Illustration
    Lock icon Second minister quits in Harrods favour row
    262 16 AP AFP LONDON A trade minister in the Conservative government resigned yesterday, the second government official to quit within a week over charges of accepting favours from Harrods department store for asking questions in parliament. Prime Minister John Major, acknowledging there was public
    AP; AFP  -  262 words
  • Article
    Lock icon No approval yet for Bakun project Samy Vellu
    237 16 The Straits Times KUALA LUMPUR The Malaysian government yesterday said it has not given its approval for publicly-listed Ekran Bhd to carry out the country's most expensive privatisation project, the Msl6 billion (559.3 billion) Bakun hydro-electric project in Sarawak. Energy, Telecommunications and
    The Straits Times  -  237 words
  • Article, Illustration
    Clinton learns pax-Americana is not cost-free
    880 16  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent REMEMBER the sense of euphoria that swept Washington after America's Desert Storm victory only three-and-half years ago? The United States, leading an international coalition that included Western and Middle East powers,
    880 words
  • Article
    Lock icon The consumer is mightier than the missile, US expert tells Japan
    313 16 Bloomberg Business News TOKYO Forget the Seventh Fleet. Forget the missiles aimed across the Pacific. Forget spies and counter-spies. It was American consumers who provided Asia with peace and stability throughout the Cold War. That's the "revisionist" line that
    Bloomberg Business News  -  313 words
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      Page 16 Advertisements Column 1
      177 16 Tomorrow in Business Times IV jm For 160 years, the (T) Impeccably elegant Geneva BAUME MERCtER f watchmaker, Baume 8f Mercier, GENEVE iSi; n':. has offered the world timepieces with unique characteristics. Now. Classical Perfection With Tr IP In short, expertise inno--1990S TIMING FROM BAUME fit JMERCIER. vation.quality and imagination.
      177 words
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      Page 16 Advertisements Column 2
      28 16 jTECm^LOGY i SUPERFINE PERSIAN CARPETS On Display At nn w\ i® 11 i A CAMELOT HOLDINGS PTE LT Palais Renaissance #81-01/04 m TeL *****62 Business Hour: 11am 6pm
      28 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        42 17 UNCERTAIN 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Barings. Daiwa, GK Ooh. Kay 11 tan. Morgan Grenfell. Nomura, Phillip. Smith New Court and SO Warburg.
        42 words
      • Article, Illustration
        HOT STOCK
        131 17  -  Quak Hiang Whai Tat Lee Bank, which surged 30 cents to $4.76 yesterday, has more downside risks than upside potential as most of its short-term and long-term indicators are on the overbought side. Daily and weekly RSls are already above 75 and any further buying will push them
        131 words
    • Article
      Goldtron to hold major stake in O'Connor's Malaysia
      384 17  -  By Joseph Rajendran SINGAPORE A complex reshuffling of assets involving four listed companies will transform trading-distribution firm O'Connor's Engineering and Trading (Malaysia) Bhd. The transaction is expected to result in Kuala Lum-pur-listed Tongkah Holdings and Sesdaq-traded Goldtron becoming the biggest shareholders in
      384 words
    • Article, Illustration
      DBS Land buys a slice of Asian hotel history
      293 17  -  From Harish Mehta in PHNOM PENH DBS Land yesterday signed a 60-year agreement to restore a historic 1920s hotel in Phnom Penh at a cost of US$25 million (5536.8 million). The deal to redevelop the Royal Hotel Cambodia's oldest, where Khmer
      293 words
    • Article
      Telecom rings changes from next week
      270 17 SINGAPORE Telecom subsidiaries formed to take over the operation of mobile phone and paging services will begin operation on Nov I. Telecom said yesterday that the impending start-up of Singapore Telecom Mobile Link (Mobile Link) and Singapore Telecom Page Link (Page Link) followed the
      270 words
    • Article
      NBT poised for change in fortune
      745 17  -  HOCK LOCK SIEW By William Chia SINGAPORE North Borneo Timber (NBT) is expected to turn around dramatically when it emerges from its current suspension to become an arm of politically connected Sabah state foundation, Yayasan Sabah. Its track record under former controlling shareholder Bombay
      745 words
    • Article
      Can-maker CMB starts work on $52m Tuas plant
      276 17  -  By Genevieve Cua CAN maker CarnaudMetalbox Asia yesterday began construction of a $52 million two-piece beverage can plant at Tuas the first step in the eventual transfer of its manufacturing operations from Woodlands. Officials said at a groundbreaking ceremony that the new
      276 words
    • Article
      Heshe plans to cut debt with proceeds from property sales
      124 17 SINGAPORE Proceeds from the sale of four properties belonging to loss-making Heshe Holdings Ltd of about $21 million will be used to reduce group borrowings and partially finance acquisitions in China. But Heshe said yesterday that as the aggregate value
      124 words
    • COMPANIES
      • Article
        Untitled
        455 18 HUeeews' prices Oct 26 Mendaki Gr Fund 1.17 l.20xd ni+ Tra -x tS Gr Fund 098 1.02SEL i» UMB Invest Mgt ltd The Savings Fund 1.67 1.77 Unifund 156 1.62 S pore Prog Fund 0.66 0 70xd Unibond 04 07 S pore Sa Fund 1.03 1.09 United Gr Fund 82
        455 words
      • COMPANY BRIEFS
        • Article
          Creative results due
          32 18 SINGAPORE Creative Technology Ltd requested suspension of its shares on the Stock Exchange of Singapore for today, pending the release of results for the first quarter ended Sep 30.
          32 words
        • Article
          Cerebos appoints director
          19 18 SINGAPORE Cerebos Pacific Ltd said yesterday Takeo Kobayashi had been appointed executive director of the company.
          19 words
        • Article
          Pertama plans vote on issue
          33 18 SINGAPORE Pertama Holdings Ltd will seek approval from shareholders for a one-for-four bonus and a renounceable rights issue of unsecured loan stock at a meeting on Nov 3.
          33 words
        • Article
          UOB lifts stake in UOL
          35 18 SINGAPORE United Overseas Land Ltd said yesterday United Overseas Bank had acquired 749,000 $1 shares for $2.3 million on Monday. After this purchase, UOB holds 173.7 million shares in UOL.
          35 words
        • Article
          OUB note rate set at 6%
          37 18 SINGAPORE The interest rate on Overseas Union Bank's US$lOO million (S$ 147 million) floating rate notes, due in 2011, up until April 25, 1995 has been fixed at 6.0625 per cent.
          37 words
        • Article
          Lock icon Ganda seeks KLSE suspension
          48 18 Reuter KUALA LUMPUR Malaysian investment firm Ganda Holdings Bhd has requested its shares be suspended pending an announcement, a Kuala Lumpur Stock Exchange official said. Ganda, which is part of the Westmont group, fell 20 sen to close at M 57.40 on Monday. Reuter
          Reuter  -  48 words
        • Article
          Lock icon Sime unit buying Sime Zeta stake
          52 18 Bernama KUALA LUMPUR Sime Darby Berhad subsidiary PSD Holdings Bhd has entered a sale and purchase agreement with Zeta Jaya Sdn Bhd to buy 123,278 ordinary shares of Msl each in Sime Zeta Hogg Robinson Insurance Brokers Sdn Bhd for MSS.I million (Ss3 million)
          Bernama  -  52 words
      • Article, Illustration
        Leong Hup lifts KFC stake to 31% with M$ 109m purchase
        424 18  -  From Ho Kay Tat in KUALA LUMPUR POULTRY group Leong Hup Holdings Bhd has tightened its grip on KFC Holdings (M) Bhd by raising its stake to 31.1 per cent with the purchase of 8 million shares for M$
        424 words
      • Article
        Lock icon Golden Plus eyes big gains from buying 80% stake in Yanfull
        297 18 MBT KUALA LUMPUR Golden Plus Holdings Bhd (G Plus) expects a profit share of MS36O million (*****.8 million) over the next five years with its proposed acquisition of an 80 per cent stake in Yanfull Investment Ltd. The company
        MBT  -  297 words
      • Article
        Lock icon Sime UEP expects Subang Jaya units to be worth M$ lb
        318 18 MBT KUALA LUMPUR Sime UEP Properties Bhd expects the commercial and residential units in the sixth stage of its UEP Subang Jaya (USJ) township to have an eventual sales value of about Msl billion (***** million). Sime UEP plans
        MBT  -  318 words
      • Article
        Lock icon Solomons' logging ban on Kumpulan Emas lifted
        126 18 Reuter KUALA LUMPUR Malaysia's Kumpulan Emas Bhd said the suspension on its logging operations in Solomon Islands has been lifted. In a brief statement to the Kuala Lumpur Stock Exchange, Kumpulan Emas said the suspension imposed on Silvania Products (Solomon Islands) Ltd has
        Reuter  -  126 words
      • Article
        Lock icon Bridgecon hopes to seal M$ l.2b Yangtze River bridge deal by Nov
        293 18 Bernama KUALA LUMPUR Bridgecon Bhd hopes to finalise the terms and conditions of an agreement to build the second Nanjing Yangtze River bridge in Nanjing, China with the relevant authorities there by the end of next month, said
        Bernama  -  293 words
      • Article
        Lock icon Topgroup will help boost bottom line, says B Singer
        281 18 MBT KUALA LUMPUR Berjaya Singer Bhd's takeover offer for Topgroup Holdings will enable it to consolidate the group's financial results, the company said. This was expected to contribute to BSinger's long-term profitability. BSinger said in a circular to its shareholders on
        MBT  -  281 words
      • Article
        Lock icon Indon paper maker Suparma to raise 91b rupiah in IPO
        222 18 Bloomberg Business News JAKARTA Indonesian paper maker Suparma will raise about 91 billion rupiah (5561.3 million) by selling 26 million shares in an initial public offering. Shares of Suparma will be sold at 3,500 rupiah apiece and will trade on
        Bloomberg Business News  -  222 words
      • Article, Illustration
        Lock icon HK exchange warns new stock futures plan may rattle prices
        431 19 Bloomberg Business News HONGKONG The Stock Exchange of Hongkong (SEHK) said yesterday that futures contracts on individual stocks may make share prices more volatile. The exchange's comments came ahead of an announcement scheduled for late yesterday by the Hongkong Futures
        Bloomberg Business News  -  431 words
      • Article
        Lock icon Strong chip sales set to lift Japanese electronics firms' arnings
        275 19 Reuter TOKYO Japan's big electronics companies are expected to post higher interim results this year, with strong chip sales boosting profits, analysts said yesterday. The five biggest makers, scheduled to announce their parent earnings for the six months to the
        Reuter  -  275 words
      • Article
        Lock icon Improved US, Japan economies lift Matsushita's profit
        268 19 Bloomberg Business News TOKYO Matsushita Electric Industrial Co, Japan's largest consumer electronics maker, yesterday said budding economic recoveries in Japan and the US helped lift pre-tax earnings by 26 per cent in the six months to Sep 30. The maker of Panasonic and
        Bloomberg Business News  -  268 words
      • Article
        Australia's National Mutual Life eyes China joint venture
        329 19  -  From Florence Chong in SYDNEY LEADING Australian insurer National Mutual Life Association plans to form a joint venture in China. National Mutual managing director Geoff Tomlinson said late last week the company was "in active dialogue with a number of interested parties".
        329 words
      • Article
        Lock icon S Korean brokers' profits up 21%
        80 19 Reuter SEOUL Combined pre-tax profits of South Korea's 32 securities firms totalled 329.62 billion won (*****.5 million) in the six months to Sep 30, up 21 per cent from 272.38 billion won a year earlier, the Securities Supervisory Board said. Daewoo Securities Co Ltd
        Reuter  -  80 words
      • Article
        Lock icon Intel gets China networking deal
        64 19 Bloomberg Business News BEIJING Intel Corp has signed an agreement to provide networking and conferencing technology for China's information superhighway. Under the memorandum, Intel networking and conferencing products will be distributed by Jitong Communications Co, the company set up earlier this year by the Ministry
        Bloomberg Business News  -  64 words
      • Article
        Lock icon Japan's Kubota to quit making PCs
        85 19 Bloomberg Business News TOKYO Kubota Corp, which manufactures farm equipment and iron pipes as its core business, will stop making computers, Nikkei Quick news service reported. Kubota will close a computer subsidiary in California by the end of the year and sell the company's
        Bloomberg Business News  -  85 words
      • Article
        Lock icon Du ont gets nod for Indian unit
        63 19 Knight-Ridder NEW DELHI The Indian government has allowed DuPont, the US-based chemical company, to set up a whoHy-owned subsidiary in India. It will mainly channel and monitor DuPont's investments into the country. The holding company also will source engineering goods from India for
        Knight-Ridder  -  63 words
      • Article
        Lock icon Pepsi o eyes second plant in China
        43 19 Reuter HONGKONG Shenzhen Shenbao Industrial Co Ltd said it is negotiating with PepsiCo Inc on a possible US$3O million (5544.1 million) investment in a second Pepsi-Cola plant in Shenzhen, the Hongkong-based China Securities Bulletin said. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Former Murdoch target TVB turns the tables
        314 19 Reuter HONGKONG One year ago News Corp Ltd's Rupert Murdoch was trying to snare a piece of Television Broadcasts Ltd (TVB). Now the Hongkong-based company has turned the tables and has Mr Murdoch's hardwon regional satellite television territory firmly in its sights. TVB
        Reuter  -  314 words
      • Article
        Lock icon Amex 3rd qtr earnings rise 18% as spending increases
        534 20 Bloomberg Business News NEW YORK American Express Co said third-quarter earnings from continuing operations rose 18 per cent as consumers' travel and spending increased. Its financial services division posted record results for the quarter. The credit card, travel services and finance
        Bloomberg Business News  -  534 words
      • Article, Illustration
        Lock icon Boxer cleared of fraud in Brent Walker case
        64 20 Reuter LONDON Former boxer George Walker, one of Britain's most colourful and controversial businessmen, kissing his wife, Jean, as his daughters Sarah (left) and Romla looked on on Monday. Mr Walker was cleared of an alleged £19.3 million (5546.3 million) fraud involving
        Reuter  -  64 words
      • Article
        Lock icon US banks poised to break profit records this year
        340 20 Bloomberg Business News NEW YORK US commercial banks are poised to break the old quarterly earnings record and are on their way to a record year, analysts and bankers said. Third-quarter earnings likely will beat the record of US$ll.5 billion (5516.9
        Bloomberg Business News  -  340 words
      • Article
        Lock icon US steelmakers' earnings exceed forecasts on strong demand
        323 20 Reuter PITTSBURGH Robust steel demand and price increases helped pushed some steelmakers' third-quarter earnings above forecasts, although the full effect of higher prices will still not be felt until later this year or early 1995, analysts said. USX-US Steel Group, the country's
        Reuter  -  323 words
      • Article
        Lock icon Compaq holds on as world's No 1 PC maker in 3rd qtr
        233 20 Bloomberg Business News FRAMINGHAM, Massachusetts Compaq Computer Corp has kept its position as the top-selling personal computer maker worldwide in the third quarter, even as Apple Computer Corp stole the lead in US sales, according to preliminary estimates
        Bloomberg Business News  -  233 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Canada's largest insurer to open Asian HQ in S'pore
        365 21  -  Manulife Financial using Republic as springboard into region By Soh Tiang Keng SINGAPORE Manulife Financial, Canada's largest life insurance company with total assets of Cs62 billion (5567.6 billion), has chosen Singapore as regional headquarters for its Asia-Pacific operations. Manulife said yesterday
        365 words
      • Article
        Lock icon Chase sells US$ 200th of HK receivables-backed bonds in the US
        223 21 Bloomberg Business News NEW YORK Chase Securities Inc has sold US$2OO million (***** million) in securities backed by the credit-card receivables of a Hongkong company. This is the first time for-eign-currency denominated credit-card receivables have been sold in US
        Bloomberg Business News  -  223 words
      • Article
        Lock icon World Bank to sell global bonds worth 200b yen
        323 21 Bloomberg Business News TOKYO The World Bank will sell 200 billion yen (553.03 billion) worth of bonds to investors worldwide in early November, the multilateral lender said. The World Bank said the bonds, part of its series of global bonds in
        Bloomberg Business News  -  323 words
      • Article
        Lock icon HK banks, police to train clerks on how to spot drug money
        227 21 AFP HONGKONG In this British colony's latest effort to reduce its reputation as a "prime target" for drug-money launderers, bank clerks here are to receive special training to detect money laundering. The Hongkong Association of Banks, the police
        AFP  -  227 words
      • Article
        Lock icon Marine Midland 3rd quarter profit up
        88 21 Reuter HONGKONG HSBC Holdings pic's US subsidiary Marine Midland Banks Inc reported a third quarter net profit of U5557.7 million (5584.8 million), up 19 per cent from US$4B.5 million in the year-earlier period. Net income for the first nine months of 1994 was U*****.4
        Reuter  -  88 words
      • Article
        Lock icon Japanese trust banks' Profits down
        121 21 Bloomberg Business News TOKYO Current profits at Japan's seven trust banks are expected to fall 22 per cent in the half year ended Sep 30 compared with the same period last year, the Nihon Keizai newspaper reported. Aggregate profits from their core banking and trust
        Bloomberg Business News  -  121 words
      • Article
        Lock icon Centre Re and lIS to raise £20m
        93 21 Bloomberg Business News LONDON One of the world's largest reinsurance companies, Centre Re, and London broker Insurance Indemnity Services announced that they will raise £20 million (Ss4B million) through a publicly-traded company to invest in Lloyd's insurance syndicates. Centre Re, a subsidiary of
        Bloomberg Business News  -  93 words
      • Article
        Lock icon Eagle Star sets up Asian unit
        75 21 Reuter HONGKONG Insurer Eagle Star announced on Monday the formation of an Asian business unit. Eagle Star Asia. Headquartered in Hongkong, Eagle Star Asia has been set up to develop the group's ethnic Chinese markets in China, Hongkong, Taiwan and Singapore, Eagle Star said
        Reuter  -  75 words
      • Article
        Lock icon Hongkong Bank to open Yangon office
        92 21 AFP HONGKONG Hongkongßank said yesterday it had received permission from the Myanmar military authorities to open a representative office in Yangon. A bank spokeswoman was unable to say when it would set up the representative office. HongkongBank had a presence in Myanmar from 1891
        AFP  -  92 words
      • Article
        Lock icon Dutch probe 3 money laundering cases
        82 21 Bloomberg Business News AMSTERDAM The national prosecutor for financial crimes in the Netherlands said he was reviewing three cases of money laundering through securities transactions for possible prosecution. State attorney Rick Smid declined to be more specific. Mr Smid headed a team that spent
        Bloomberg Business News  -  82 words
      • Article
        Lock icon Justice Dept may sue — Florida bank over alleged lending bias
        322 21 Justice Dept may sue Florida bank over alleged lending bias The Washington Post WASHINGTON The Justice Department plans to sue Barnett Banks Inc, Florida's largest bank, for violating fair lending laws unless Barnett agrees to a settlement, said House Banking Committee members this week. The department concluded "there was only
        The Washington Post  -  322 words
      • Article
        Lock icon Deutsche Bank wins approval for Viet branch licence
        168 21 Reuter HANOI Vietnamese officials have told Germany's Deutsche Bank it will get a licence to open a branch in Vietnam, Deutsche Bank officials said yesterday. "They officially confirmed to us that we have been approved and it's just a technical matter of
        Reuter  -  168 words
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        Lock icon SEC to make municipal bond trading more transparent
        457 22 NYT NEW YORK Sometime before this year ends, the Securities and Exchange Commission plans to cnact new regulations to change the way bonds are traded in the municipal bond market where the nation's cities and towns go to borrow money. The proposed
        NYT  -  457 words
      • Article, Illustration
        Lock icon Pigs in a poke
        83 22 Reuter PARIS These little piggies never got to the market. Instead the still-born piglets were used as a backdrop for this demonstrator at a mass rally in Paris on Monday. Hundreds of farmers demonstrated against a European Union proposal to cut the amount of cereals and
        Reuter  -  83 words
      • Article
        Lock icon China has big potential for LPG but risks abound
        492 22 Reuter KUALA LUMPUR China may be one of the world's largest markets for liquefied petroleum gas, but risks such as bad debts, shipping delays and nonperformance on term contracts by the Chinese abound, LPG experts in the region said. China's LPG
        Reuter  -  492 words
      • Article
        Lock icon China aluminium demand to stay firm despite credit crunch
        572 22 Reuter HONGKONG China's demand for aluminium would remain strong in the long term, analysts and traders said yesterday, with some expecting the price to soar before new controls are introduced in the new year. "If the LME (London Metals Exchange) has
        Reuter  -  572 words
      • Article
        Lock icon Ban on rice futures trading to hit Shanghai exchange hard
        177 22 AFP SHANGHAI Shanghai Cereals and Oil Exchange (SCOE) will be badly affected by the central government's recent decision to suspend trading of rice and rapeseed oil futures, a newspaper reported yesterday. Suspension of rice futures trading "will affect the exchange
        AFP  -  177 words
      • Article
        Lock icon Mobil to trade in futures as foil against interest rate swings
        356 22 Bloomberg Business News BOCA RATON. Florida Mobil Corp will begin trading futures at the end of the year to guard against swings in interest rates that can increase the cost of its debt. The oil giant plans to begin
        Bloomberg Business News  -  356 words
      • Article, Illustration
        Untitled
        1287 22 I radf Hnfhlal inJrx < akufoted attains S'porr\ lop 14 traJing partnery Basr yvar 198S US$/S$ forward rates Noon Oct 25 s$ Bid Oder 1-month 1.4661 1.4676 2-month 1.4640 3-month 1.4618 I.46JJ 6-month 1 4565 145«5 Sounr OC'IK' Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Oct 25
        1,287 words
      • Article
        Futures fall as US supply concerns wane
        307 22 Bloomberg ENERGY REPORT LONDON Oil futures declined yesterday as concerns eased regarding potential refined product supplies in the major cities of the US Northeast following the closure on Thursday of several flood-dam-aged pipelines in Texas. Colonial Pipeline Co, which operates the two damaged
        307 words
      • Article
        Lock icon Currency Reports: London
        193 22 Bloomberg Business News LONDON The dollar bounced back from historic lows against the mark and yen, lifted by a rally in US bond prices sparked by economic reports suggesting a lack of inflationary pressure. The economic reports on consumer confidence and employment costs "helped bonds recover a
        Bloomberg Business News  -  193 words
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        Lock icon New York
        88 22 AFP NEW YORK The dollar strengthened against other major currencies except the pound sterling amid better-than-expected figures on consumer confidence for October. Gold gained 40 cents and was trading at US$39O an ounce. In morning trading, the dollar was at 1.4950 marks from Monday's 1.4915 and at 97.00
        AFP  -  88 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroven ends firm, looks set to go higher
        1303 23 SIMEX REPORT Reuter V SINGAPORE Simex Euroyen ended firmer and was set to go higher, buoyed by bearish sentiment over the outlook for the US dollar. The key March contract, which closed at 97.16 against a previous finish of 97.14, moved within
        Reuter  -  1,303 words
      • Article
        Tokyo rubber firmer on spot expiry
        672 23 COMMODITY REPORTS Rubber TOKYO: Rubber futures ended with gains on the back of higher spot October expiry, betraying market expectations that the contract would end easier. October expired at 157.1 yen per kg, up three yen from Monday, with 1,155 deliveries. Benchmark March ended
        672 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indon rice harvest below target
          61 23 JAKARTA Indonesia estimated that the country will produce 46.4 million tonnes of dry unhusked rice this year instead of the targeted 49.2 million tonnes. Officials said that the hardest hit rice-pro-ducing regions, due to the current season's extremely dry conditions, were in Java. Official statistics
          61 words
        • Article
          China to control cotton yarn output
          115 23 HONGKONG China's State Council recently issued a directive calling for controls on the production of cotton yarn and upgrading of textile technology, the Huanan Jingji Journal reported yesterday. The move was a bid to restore order to cotton prices and distribution, which have been
          115 words
        • Article
          India mulls over joining coffee pact
          71 23 NEW DELHI India's Commerce Ministry will decide soon whether India should become a member of the Association of Coffee Producing Countries. Philipose Matthai, chairman of the Coffee Board, said India was invited to join the producers' association this month in London during a meeting
          71 words
        • Article
          Japan using more nickel
          76 23 TOKYO Japan's demand for nickel was 6,528 tonnes in July, up 15.8 per cent from 5,636 tonnes a year earlier, according to the Japan Mining Industry Association. Demand from the specialty and stainless steel sector rose 14.1 per cent in July from a year earlier to
          76 words
    • Article
      COMMODITY PRICES
      1381 23 Rubber Singapore Commodity Exchange (futures doting at 5.30»») RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 94 200.00 200.00 203.50 50 1000 Dec 197.25 3375 Jan 95 189.25 2525 Feb 189.25 2900 Mar 189.25 2900 Apr/Jun 190.25 ***** »SS 3 Contract
      1,381 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1179 24 -15.6 STOCKS felt the impact of an overnight slump on Wall Street and a futures sell-off which combined to drag down prices. The key All Ordinaries Index finished 15.6 points weaker at 2,021.8, while the All Industrials Index dipped 18.2 to 2,848.8 and the All Resources fell 14.0 to
        1,179 words
      • Article
        Manila
        639 24 •23.81 Profit-Caking hit the stock market yesterday after almost two weeks of continuous rises. The PSE Index closed at 3,089.34 points, down 23.81. Turnover was 3.73 billion shares valued at 2.1 billion pesos. Analysts said the downturn was expected especially after the market broke the psychological 3,100 level on
        639 words
      • Article
        Untitled
        446 24 Taipei Ocl 24 1* Vd fu( nwN 52 50 -100 l«7J Ml Sincere Ind 2 70 unch 1046 China Chemical 36 50 -0 50 1261J rhina Wire A CaNe 36 20 -I 00 1062 Cathay Comtr 44 10 -0 90 236* China Develop 145 50 2 00 5007 Citiren Fund
        446 words
      • Article
        Seoul
        419 24 +9.87 Share prices staged a comeback yesterday after a two-day slide, with the market awash with active buying orders, brokers said. The Composite Price Index gained 9.87 points to settle at 1.091.02 on the back of rallies of large-capitalisation shares. Forty-six million shares worth 1.02 trillion won were traded.
        419 words
      • Article
        New Zealand
        342 24 +0.07 Shares ended barely changed but on reasonable turnover as the market absorbed the effects of higher interest rates and selling by one broker. Lion Nathan, which reports its final result today, fell eight cents to NZ$3.OO. Analysts expect the company to report a profit of NZSI9B-NZS2IO million,
        342 words
      • Article
        Bombay
        151 24 +28.97 Share prices closed slightly higher for a third consecutive day though volumes remained low, while sentiment was much improved, brokers said. The BSE 30-share Index gained 28.97 to 4,357.34 points. The 100-share National Index rose to 2,047.25, up 2.19. Brokers said the recovery was mainly on buying in
        151 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        593 24 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit M 6400 M 6500 Mim Jeney <53T. Al»93 ***** Mim Ma* Income ****** ****** USS Cash Income Plus Fund 9.6400 10 1600 PS Rejerve Fund 5 3200 5 3300 Euro pStonmSlce .0.4S92 049M Fir Eat Fund *2 9730 Man Portfolio 1.9270
        593 words
      • Article
        London
        683 24 •28.2 SHARES closed sharply lower but, in common with other markets, were well above their lows with the trend driven by the dollar and US markets. The FTSE-100 closed down 28.2 at 3,000.9, clinging on to the psychological 3.000 level, after rallying with Wall Street and the dollar in
        683 words
      • Article
        Paris
        144 24 -17.17 French shares ended lower after a girating day which saw the CAC-40 Index falling as low as 1,796.82. The market was knocked down by fall of the dollar and only regained some strength in the afternoon on the back of the US October consumer confidence figure. The CAC-40
        144 words
      • Article
        Frankfurt
        200 24 -43.81 German shares fell amid pressure from plummeting bond market after economic institutes' warning against marked fall in interest rates. Shares were also hit by a weak dollar and political uncertainty as coalition Erties discuss policy and al:ation of posts. The 30-share DAX Index closed down 43.81 points at
        200 words
      • Article
        Stockholm
        140 24 -7.61 Swedish shares closed sharply lower but off day lows in reaction to a plunging dollar. Export-oriented shares were hardest hit, with Volvo easing one crown to close at 139 on heavy turnover. "Volvo fell on the dollar. On the whole I feel we need to be careful with
        140 words
      • Article
        Brussels
        143 24 -16.03 Belgian stocks ended off their lows but the market remained nervous and vulnerable to a new sell off, dealers said. A rebound in US and German bonds and in the dollar following US data, as well as a turnaround after a lower opening on Wall Street, supported Belgian
        143 words
      • Article
        Milan
        129 24 -225 Italian shares tumbled on weakness in other bourses and in government bond futures markets, falling to test or crack key support levels, traders said. "Technical trading is pushing prices towards support," said one operator. "Milan's slide was exacerbated by other bourses, hit by bonds and futures." The Mibtel
        129 words
      • Article
        Amsterdam
        264 24 -3.13 Dutch shares closed down but above their worst levels after the dollar and major debt and equities markets picked up from earlier lows. A handful of leading issues edged into positive territory by the close but dealers said the mood remained moderately bearish and predicted further losses in
        264 words
      • Article
        Johannesburg
        284 24 -26 Wall Street losses overnight sparked fresh declines for South African shares as the correction from recent highs continued. Dealers said the market was likely to fall further as investors stayed out of the market in the short term, although selective interest was expected at the lows. The Overall
        284 words
      • Article
        Toronto
        258 24 -22.37 Stocks tumbled as renewed fears of interest rate rises and a shaken US dollar sent tremors through Wall Street and Bay Street. "The good earnings don't seem to be helping," said a trader. "I was saying to the guys here yesterday: 'If the cyclicals weren't around, we'd be
        258 words
      • Article
        New York
        789 24 •1.10 The Dow Jones Industrial Average, which plunged 36.00 points on Monday, was off 1.10 to 3,854.29 at 1 lam EDT. The key barometer was down 21.87 shortly after the market opened. The NYSE Composite Index was ahead 0.11 to 253.61, while Standard Poors 500-stock Index was up
        789 words
      • Article
        Zurich
        228 24 -45.2 Swiss shares lower on low volume. The weak dollar, fears of higher interest rates in the US and pressure from the derivative market pushed cash prices lower. Volume was low as trading was confined to professionals. Dealers reported some selling by Londonbased traders. The SPI ended down 25.66
        228 words
    • Article, Illustration
      Lock icon HONGKONG
      2797 25 Bloomberg Business News HONGKONG Stocks fell on concerns about rising US interest rates and recent declines in the value of the US dollar, to which the Hongkong dollar is pegged. A slide in hotel stocks due to lower-than-expec-ted visitor arrivals and hotel occupancy rates in recent months added to
      Bloomberg Business News; Source: Bridge Info  -  2,797 words
    • Article, Illustration
      Lock icon CHINA
      525 25 CLSA DESPITE profit taking in both A share markets, which dropped 5.5 per cent in Shanghai and 3.6 per cent in Shenzhen, the Shanghai B Index remained unchanged and the Shenzhen B Index edged up one per cent. Shanghai B's Friendship Store dropped 4.8 per cent due to panic
      CLSA  -  525 words
    • Article, Illustration
      Lock icon TOKYO
      2459 25 Reuter TOKYO Stocks ended moderately lower on last-minute sales, with the Nikkei Average closing at the day's low. Uncertainty over the dollar/yen rate and tomorrow's Japan Tobacco Inc (JT) share listing made investors hesitant to trade, keeping the market stalemated, brokers said. "The market is waiting for a trigger,
      Reuter; Source: Bridge Info  -  2,459 words
    • Article, Illustration
      Lock icon BANGKOK
      1651 25 Reuter BANGKOK Stocks closed 1.37 per cent lower as the region reacted to big falls in New York overnight, with the overbought banking sector particularly badly hit. The SET Index finished the day down 20.90 points at 1,501.58, with most of the losses first felt in morning trade. Turnover
      Reuter; Source: Bridge Info  -  1,651 words
    • Article, Illustration
      Lock icon JAKARTA
      1088 25 Reuter JAKARTA Stocks closed mixed in moderate trading with a number of big stocks, led by Bank BDNI. finishing higher as Indosat ended 50 rupiah lower after fluctuating widely. "It was still not a great day as far as volume was concerned but Bank BDNI was a feature. Indosat
      Reuter; Source: Bridge Info  -  1,088 words
    • Article
      CLOB INTERNATIONAL
      1983 26 K.L Industries 6,3*9.000 MBf Capital 4.998.000 P«. Miia 3.760.000 Palmco HMa 3.394.000 Wm Hyd 50c 3.233.000 In vis Bhd 3,069.000 Kubm (M) Wt99 2.526.000 Bcnaya L Wt99 2.186.000 Promct '.990.000 Faber Group 1.988.000 Mulpha Intl 50c 1.968.000 Landmarks Bhd 1.894,000 c-.. i loiwn I K.L Industries Idns Hyd
      1,983 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall for third day on budget, rate jitters
        4452 26 Bloomberg Business New KUALA LUMPUR Stocks fell for a third day as traders lowered offers out of concern that the budget, to be announced on Friday, won't contain as many concessions for companies as originally hoped. Analysts are also increasingly concerned
        Bloomberg Business New; Source: Bridge Info  -  4,452 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6939 27 Cr Gf M Wt IMi V.1 Day Last Qaa«e D* VU Nrt C f A»t HI* U. £2 <«•) High L- Seller Cn M tall Prk. tHWSTHAL AND COMMERCIAL 1440 135 ml Aon, 1.20 -20 155 1130 MOO .110 1130 17.5 4 7 16 17 9 7720 1104 547* 267-
        6,939 words
      • Article, Illustration
        Lock icon Weak Dow, M'sian budget woes take toll on prices
        1807 28  -  By R Sivanithy SINGAPORE Uncertainty surrounding the contents of the Malaysian Budget and severe overnight weakness on Wall Street combined to gnaw at confidence in the local stock market yesterday, with whatever little buying interest there was focused mainly on finance
        Charts by Bridge Info; Source: Bloomberg  -  1,807 words
  • Page 17 Advertisements
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      218 17 Singmarine to manage Keppel group's Mideast business, Shipping times Pg 1 M DOWN UNDER Efl QUALITY SHOPPING, AFFORDABLE NIGHTLIFE, INTERNATIONAL RESTAURANTS AND SUPERB SIGHT SEEING. ITS ALL CLOSE TO RADISSON ON THE SUNSET COAST. Perth is famous fe L "*J < J I- "J oil the treosures Perth <^' oo,,,DAiajp
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      162 17 NEWS VALUE Death of Tat Lm patriarch sparks takeover talk (pg I) Reaction overdone. Little likelihood of competitive bidding as MAS has the final say. Packaging firm Broadway to launch main board IPO soo*(pg I) Company lacks name recognition. And going by the reception given to recent IPOs, stags would
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      1678 20 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 1 1 i I IN THE MATTER OF THE COMPANIES ACT, CAP., 80 ELECON INTERNATIONAL PTE LTD (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN in pursuance of Section 308(1) of the Companies Act, Cap. 50 that a final general meeting of the abovenamed company
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      320 20 In the Matter of THE COMPANIES ACT, CAP.SO And In the matter of BANG HENG REALTY PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 50) that the Final Meeting of Members of the abovenamed Company will be held at the office of Tan
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      93 21 PKF House 190 Flinders Street, Adelaide, South Australia The major tenants are Pannell Kerr Forster, Michell Sillar Lynch and Meyer, Willis Corroon Holdings Ltd, Baker Young P/L, Rankine Shaw. Total Net Lettable Area 4,556.2m 2 |MT|l iVWWfI Car parking spaces 76 KJI "ll BY DECLARED PRICE TENOER l&ijfiSSnS "8 MILLION
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      149 21 j NOTICE I NOTICE IS HEREBY GIVEN that, I Loh Yuen Heng of 5001 Beach Road #10-04 Golden Mile Complex Singapore 0719, have applied for a Retail Liquors Shop licence in respect of premises at M/s Thai Mart at Blk 248 Simei Street 3 #01-116 Singapore 1852, and that this
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      355 21 7 g OVERSEAS UNION BANK LIMITED (Incorporated In the Republic of Singapore) USD 100,000,000 SUBORDINATED FLOATING RATE NOTES DUE 2011 (REDEEMABLE AT THE OPTION OF THE NOTEHOLDERS IN 1996 AND 2006) In accordance with the provisions of the notes, notice is hereby given that the rate of interest for the
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      Page 23 Advertisements Column 2
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      135 28 v it nl^^^BPrtfn > i ffir''fttBrl'i a i o l"i iilV 'i'iiTii' "r i i f''i tSSE* No machine on earth can replace the artistry of the human hand. So every Risis IVIXIX orchid is hand-finished at every stage... from the time we choose a perfect real orchid |Q|^|^ to
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      9 28 Personal Finance and Investment, every Saturday in Executive Lifestyle
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  • Shipping Times
    • Article
      Singmarine to manage Keppel group's Middle East business
      315 29  -  By Rahita Elias SINGAPORE The Keppel group has restructured its Middle East operations, placing them under subsidiary Singmarine Industries. The aim is to capitalise on the expertise of Singmarine's new executive director Toh Ko Lin, who was Keppel's top man in the
      315 words
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      Lock icon Houston Ship Channel reopens, clean-up ahead of schedule
      631 29 AP HOUSTON After days of flood and fire, there was some good news for south-east Texas on Monday. Traffic moved through the Houston Ship Channel and crews said they were running ahead of schedule in their efforts to clean up 200.000 gallons
      AP  -  631 words
    • Article
      Lock icon China may become world's top shipbuilder
      216 29 Reuter BEIJING China could become the world's top shipbuilder, said Chris Wade, who will take up the position of chief ship surveyor of Lloyd's Register on Dec 1. Speaking to reporters after the annual meeting of the register's East Asia committee, Mr Wade said
      Reuter  -  216 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1079 29 Page Col ABC Containerline 16 1 Accord Group 8 1-3 Ahlcrs Line 13 5 Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 3 APL 5 4/5 Appenship 4 4/5 Arabian Express 15 5 ASCL 5 5 Astro Shpg 12 1 Avant
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    • Article, Illustration
      Lock icon More bodies recovered from S Korean boat fire
      395 29 Reuter DANYANG, South Korea, Military divers recovered 20 badly charred bodies yesterday, bringing to 25 the death toll from Monday's fire aboard a packed pleasure boat on a South Korean lake, police said. Four other passengers were missing and feared dead, a
      Reuter  -  395 words
    • Article
      Lock icon Halim group adds 2 more ships to fleet
      380 29 Bernama JOHOR BAHARU The Halim Mazmin Group, a fast expanding private shipping group, has taken delivery of two more ships at the Malaysia Shipyard and Engineering (MSE) Sdn Bhd in Pasir Gudang. near here, on Monday. With the addition of the two
      Bernama  -  380 words
    • Article
      DAILY FREIGHTS
      1865 30 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.866 on Monday from 1.855 on Oct 21. Trading began the week on a buoyant note with rates from handyv izes to capesize vessels remaining firm, brokers said. Rates for trips to the east remained firm
      1,865 words
    • Article
      THE SHIPPING GUIDE
      13440 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,440 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        513 46 Vessel toy No Berth Arrival Departure Vrnet Voy Wo Berth Arrival Departure iuron* Port Eastern 81 2K/94 P04 ?610/0800 2/10 1300 rr 1 2/10 lib 16 alone** 26.10/2300 Elona SC264C 250CT* P0IA 2510/1130 2b10 1430 TZ *1*2 «V 2610, 0600 Gi# Sudan IV* «6 2610 0800 26
        513 words
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        CONTAINER SCHEDULES
        1568 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Balance Rslts Ship Voy No Etb/Btr Period From To From to u, 0558 28/2359 28/1200 26/1459 t/0 I«u 28/imp u a/isoo n/isw »/noo iTiS: iiS 28/1500 l« 25/1659 25/1900 ?8 090
        1,568 words
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      Lock icon Monaco: a shipping haven
      759 47 This tiny principality still holds its allure as the place to be for ship management Seatrade Review MONACO'S link with international shipping goes baek to the post World War Two years, a period during whieh a large amount of tonnage in the form of wartime Liberty
      Seatrade Review  -  759 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        CAAS achieves record-breaking year
        385 48  -  Civil Aviation Authority of Singapore boosts operating surplus 10% to $342 m By Rahita Elias SINGAPORE The Civil Aviation Authority of Singapore has staged another re-cord-breaking performance, lifting its operating surplus 10 per cent to $342 million in financial year 1993-94. For the year to March
        385 words
      • Article
        Lock icon French airlines attack govt bail-out of Air France
        580 48 AFP PARIS Five small French airlines have launched a bitter attack on the French government for protecting the stateowned Air France airline which is in severe financial trouble. The airlines, which have formed a committee for the defence of French air transport,
        AFP  -  580 words
      • Article, Illustration
        Lock icon Roads round Heathrow remain closed
        142 48 AP LONDON Several roads around London's Heathrow Airport remained closed on Monday after a tunnel for a new airport rail line collapsed, triggering two landslides. But the Heathrow Airport Authority said there was less congestion and disruption than over the weekend because road diversions around
        AP; Reuter  -  142 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1604 48 CQr mt ETA WM CTP GA983 0920 GA984 0310 Abu Dhabi GA895 1240 SQ442 2000 Addahto SQ227 2030 Amman RJ182 1440 RJ183 2225 Amsterdam KL831 1035 SQ324 2345 GA895 1240 KL832 2359 SQ323 1815 Auckland NZ21 1820 NZ22 1825 SQ288 2040 NZ22 1935 SQ285 2045 Bahrain
        1,604 words
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        Lock icon Regional radar centre planned to solve woes of Washington airports
        415 48 The Washington Post WASHINGTON The skies over Washington are becoming so crowded with air traffic that federal officials say they may have to hold more flights and add to passenger delays while controllers keep planes at a safe distance from
        The Washington Post  -  415 words
      • Article
        Lock icon Renault, chemical firm developing technology to cut diesel emissions
        364 48 AP PARIS A French chemical firm and a car maker said on Monday they are working on new technology to cut diesel emissions which they hope to install in a new generation of vehicles by the year 2000. French chemicals and
        AP  -  364 words
      • LOg BOOK
        • Article
          Inchcape named Volvo distributor
          76 48 SINGAPORE Inchcape Motors Internationl was recently appointed as Volvo car distributor for North-east China. The company will establish a series of workshop facilities throughout the three provinces of the region. The first Volvo service workshop is expected to be in operation in the first quarter of
          76 words
        • Article
          Lock icon Ford to build subcompact in Brazil
          88 48 Reuter DETROIT Ford Motor Co, seeking to strengthen its presence in the fast-growing car market of Brazil, said on Monday it will spend US$45O million (*****.5 million) to build a new version of its Fiesta subcompact car in Brazil. "Our plans for Ford in
          Reuter  -  88 words
        • Article
          Lock icon Saudi Arabia to open air space to El Al
          68 48 AFP JERUSALEM Saudi Arabia is to open its air space to El Al, Israeli Transport Minister Israel Kessar said on Monday, enabling the Israeli flag-carrier to cut three or four hours ofT its flights to South-east Asia. "According to the information
          AFP  -  68 words
        • Article
          Lock icon BA resumes flights to Lebanon
          45 48 AFP BEIRUT British Airways on Monday resumed flights to Beirut after a 10-year hiatus prompted by the 1975-1990 civil war in Lebanon, the civil aviation office said here. BA will fly between London and Beirut five times per week. AFP
          AFP  -  45 words
      • Article
        Qantas to begin direct service to Ho Chi Minh City
        322 48  -  From Florence Chong in SYDNEY AUSTRALIA'S national carrier Qantas will begin a nonstop service from Sydney to the southern Vietnamese city of Ho Chi Minh City next Wednesday. The decision to begin the weekly service, which returns via Singapore, was
        322 words
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      63 29 —i hp HP Orager t aa SAFETY EQUIPMENT kg )HJ (SOLAS APWOVED) PA9O MARINE Specifically Designed Breathing Appaiatu* 0. roc Maritime Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE Draeger South East Asia Pte Ltd 67 Aver Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS *****
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      27 29 Line* and services represented by Members of the Registry of Accredited (JttQn*) Shipping Agents, Singapore National V'XjffJJ Shipping Association. For advertising enquiries, contact Shipping Times, fe/ 740-2089/740-2090
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      31 29 VISA FREIGHT SERVICES PTE LTD 1 JU THE TOTAL TRANSPORTATION PEOPLE B 1800 *****66 AD-LIB Candid views from people in the news. Conversations At Raffles. Every Other Saturday. BiEinessTimes WtKW* ASIA
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      1820 30 IMPORT.... IMPORT.... I NORTH AMERICA I I OTHER DESTINATIONS! NORTH AMERICA I 1 win—tgmwman I Tn CQAaTaotrfM*MHmlynvio I mwoaxhw cMgOMWAPH— (PMCTraoMw—TCOAST) STOK u OAK VCR St* DM. HOUSTON CMC NT MIICO CITY KSSEL STOM BUENOS MKS MONTI Y«0 RIO CE JAMOIO SANTOS MO PALMRA PARANAGUA *ESSEL/*OT NO IPS ANGELES OAKLAND
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      1649 31 amppiug i lines, n cuncsunj w muti Trr7TT™™!7oniliccuiDoiijrrrENriPe JAROINE SHIPPING AGENCIES SON. BHD. ;it:Sim 77 ss"""" DOCUMENTATION TEL: *****55 (OUTWARD) PXJUOANG TEL: *****12" FAS (OPNSI CUSTOMER SERVICE TEL. JOHOR BAHRU TEL: 02-07-*****70 FAX 02-07-*****99 Dedicated ,o Quality Service I toim STRAtreexfutas l 1?..—- MKStI 5? §5? IS/1 rambow brdge »w
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      1637 31 mamssassm YOUR GLOBAL CONNECTION Vessel voy ETA ETO DESTINATIONS Ne.t ««e* MAJESTIC MAERSK V 9410 J.ll Iff* 111 l |l||-|H'TH^J?ni?TiFrF^B f 7lllllllll^ c* 01/11 oeoo mbs CfS 31/10 2369 MRS OAK LG6 SFO MEM ATL MIA CMS BAL PHI NYC TOR MAJESTIC MAERSK 9410 01/11 02/11 19/11 21/11 20/11 19/11
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      1397 32 AQABA ROAM/ LE~ VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON HBURQ A WERP HAVRE KAI 10/142 26/10 12/11 15/11 13/11 ESSEN EXPRESS 08/342 29/10 7/11 14/11 16/11 19/11 21/11 23/11 SEINE ***** 2/1J 19/11 22/11 20/1 1 HOECHST EXPRESS 17/343 S/11 14/11 21/11 23/11 26/11 26/11 221U KAQA 3«/'44
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      513 32 IS'pore P. Kelang Loading for KAPITAN SOROKA 30/10 4/11 Rdm/Atw/UK/Nantes I •Loads E./W. Malaysia. Indonesia I I Loading for SINGA SUN Jeddah/Dubai/Bahrain/Damman I PAN CRYSTAL Dubai/Bahrain/Damman/Kuwait I •Loads Singapore. E./W. Malaysia. Indonesia I I Loading for V STAR MAN Los Angeles/New Orleans/ I Charleston/Norfolk/Camden H PAN QUEEN Los Angeles/New Orleans/
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      1036 32 NOR ASIA WEEKLY DIRECT SAILING TO HONG KONG, BUSAN KEELUNG wr m ALSO ACCEPTING 10 DALIAN, QINGDAO, SHANGHAI XINGANG (VIA BUSAN) CHIWAN HUANGPU (VIA HONG KONG) FOR MORE DETAILS, PLEASE CONTACT: j MS TAN SEOW CHUAN/MS FELICIA PEH s POKE GENERAL agent NORASIA AGENCIES (S) PTE LTD ALSO ACCEPTW6 LCL
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      1846 33 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 I 6AA NEW GUINEA PACIFIC LINE ■■■■■■MSBMlaAiillUßalMlHallllMHMiSißHll (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAHS Ml RUB VI3I KK. SkM. T» In Port 27 Oct FCL. LCL CONTAINER AND MEAKBULK SERVICE
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      2039 33 l-r /V ft Singapore Agent: MXtI 1 AHTQI ||A|*G P&O Containers (Singapore Agencies) Pte Ltd A M 9 to Hoe Chiang Road. #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE ™P s {^j 44 "nocsp.f..: 225 5327,222 7517 EXPORT IMPORT _>u± VESSEL VO* -MM 'Kfl MTI SOU ZEE ROT
      2,039 words
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      Page 33 Advertisements Column 3
      1158 33 AMERICAN PRESIDENT LINES, LTD. 19 WEPPtI ROAO «02 01 AT POH BUILDINC S4NGAPOWC 0208 TEL 225-9966 F«» 221 4922 ALSO OFFERING SERVICE TO/FROM •PRC *CIS 'VIETNAM *EAST RUSSIA •CARIBBEAN *LATIN AMERICA *EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED BERVICE |*na/WYAg ftw |m|r« 1
      1,158 words
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      599 34 -Q" w i|A EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE HQ Chi MlHtt CITY PAftBR iHAWPPMONC/PWtCT titWRT MQt *****21 727MM/HHM4 fttlYIH CHAN 2UM23 aHMfIMM MANOJ 2HOMB nam I WILLIAM WEE *****24 *****06/} MS M 2 TO VIETNAM/HCMC CONTAINCR-FIID«R ——^SERVICE otsotit® CENTER-POINT tJMm zz LINES
      599 words
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      Page 34 Advertisements Column 2
      1208 34 @HANJIN SHIPPING I BOOKING TEL:- *****35-237 °PERATION TEL: *****41-253 SALES TEL:- *****30-233 MANMHMTU 035t 2 l"lO MttCT*" 1 ***** 11/11 19/11 MMMMBAN 147t rt"!o 008 *1/11 7/12 "Jl2 MNM »lllStoif O?3l S 26/11 27 SXf> HANIIN KUNSAN 106t Sll N PPOCMSS 03* 1/12 9/12 11/12 S MnnSS 02tt 11 DSC
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      1367 34 tfUVHVi d I rr\ Ipri vt use «c Rie pus wi oa ki sw no iu os w nc um it* m ra c« pki I (GIMIH OU 24/10 MPI 30/ It 2/11 4/11 7/11 1/11 9/11 U/ll 11/11 12/11 71/11 6/12 1/12 9/17 19/U 20/12 21/12 22/12 21/12 2/1
      1,367 words
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      1774 35 Shipping Times, Wednesday October 26 1884 PLEASE CALL HI 11 s& II NEPTUNELINK (1800 *****00 TOLL-FREE) rfll jBOL II FOR THE FOLLOWING INFORMATION: ■I II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ II ■I Xr FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ HI U ■I AVAILABILITY OF DOCUMENTS FOR COLLECTION I 1 "I I IAI
      1,774 words
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      Page 35 Advertisements Column 2
      1028 35 A I MULTILINE SHIPPING PTE LTD ■v (a member of SWSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A. A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      1,028 words
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      1120 36 44 AS AGENTS: "N" LINE (SIN6APORE) PTEITO (CI NO: **********0M/6ST REG NO: M 2 *****W-6) K" TEL *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W WTP MALAYSIA: "IT LINE MARITIME (MALAYSIA) SDN BHD ra W%M TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I A M INDONESIA: P.T.
      1,120 words
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      1157 36 79 ANSON ROAD. #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N BTRAITB SHUTTLE SERVICE 1 PORT KLANG/BELAWAN 1 PENANG/PASIB GUPANO VESSEI I VOY I sm I PKL I BIW VESSEL WY 1 SIX PCX PGU PERU ASA 68N 25/10(111) 26/10 (WtD) StA LAUREL 331N 26/10 (WED) 28/10 (FIB) MCC
      1,157 words
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      910 37 PACIFIC INTERNATIONAL LINES (PTE) LTD] p M 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I *****55? B CR NO: 100e*****00E r. k VESSEL «N VESSEL VOV~ SIN JKTSIN EQUATOR CRYSTAL 27N 29/10 1/11 Vll KOTA INDAH STOI# 5/11 9/11 KOTA SABAS *****3 30/10 2/11 0/11 KOTA J!JI Jl l
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      918 37 vtsstis WT %m u Horn hahbuwc ihmes noiiehmm antwrp Vftll OE VEGA GOT* 21/10 H/» 29/11 *2Lii WLLE H KM WSW 64/11 26/U 27/11 «m ntE M TITAN* 106W 06/11 *>/» B| 63/12 W.U PC TUCNHA WW 15/11 07/1? M/ 12 6/ I l Jll •M.SO ACCEPTftC CARGO TO Ml
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      Page 37 Advertisements Column 3
      627 37 BSA A MYANMA: n FIVE STAR LINE V (Myanmar National Line) J Loading for Yangon (Rangoon) J Spore P.Klg Pen P.Gdg PAGAN V2I4N 30/02 No. 'HPAAN ¥206 21/21 Oct MP*-AN V2O4N 10/12 No. PAGAN V2ISW 15/17 No. 'DISCHARGING ONLY i l MALAYSIA AGENTS BOUSTUD SHPPtNG AGENCSS 1 All: ItL 03-*****09
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      1997 40 P»*el2 111 l 111 l I I DIRECT 3 XIAMEN f"«*»w« i C.«r./ A«.»tv Jrt J®*"*"* "ZflSiL 0/L. *****02 o|».rjflon CoitUNy: «0»'« COSTAR SHIPPING PTE LTD iSmSSfiB oSwr J-TiS^/ *****0 c,.^.. <*****0 i£7zzz:r 0a 'gsnf»«„, w «s?«*s Singspof 0106 OST NO: M 2 *****05 X COS JU„...„..„^^^^^^M To: U.S. East
      1,997 words
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      Page 40 Advertisements Column 2
      860 40 FOR BOOKING 1800-*****00 (TOLL-FREE) j i OUTBOUND PHI S* "M **0 TAI Ktt HOP OS* MO) BUS SEA RANGfR N043 24/10 10 2/10 ?8 29 I 0 0?/ll 03/11 04/11 06/11 t/S »M RAO 09/11 10/11 12/11 11/11. MAN HAI 21-1 NO 10 3d 10 31 10 0101/11 <*'" 0//11
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      Page 40 Advertisements Column 3
      239 40 M 1 ★i i^i eltnil E SHIPPING B TEL: *****88 FAX: *****00 fe DIRECT REGULAR SERVICE U i JAKARTA SURABAYA t ACCEPT CARGOES TO ALL OTHER IMDOMMAO PORTS T* WITH TRANSHIPMENT AT JAKARTA OR SURABAYA ft* DESTHATIOM ETA ETO VSI 1* JAKARTA 3/11 4/11 t. WWA K 5/11 8/n r.
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      428 41 FAMOUS CONTAINER LINES 1 J/BS 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) I ROTTERDAM 28/10^ J|AARHUS/COPENHAGEN 28/10 HAMBURG/BREMEN 31/10 f| MARSEILLE/FRANCE 26/10 FELIXSTOWE/UK 31/10 ||BARCEUMA/SPAIN 29/10 LEHAVRE/FRANCE 01/ 11 II GENOA/ITALY 29/10 ANTWERP/BELGIUM 28/10 f LOS ANGELES/WC/IPI 28/10 SYDNEY/MELBOURNE 27/10 I NEW YORK/EC 28/10 FREMANTLE/ADELAIDE 28/10
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      Page 41 Advertisements Column 2
      829 41 II ji VESSEL VOY SIN JKT VESSEL VOY SIN PEN fij WANA BHUM His Wad l» PI B*l 28/10 g DEJA BHUM 4873 Fri 28/10 Sal 28/10 Ml I VESSEL VOY SIN BKK g VWA BHUM 10*8 Sun 30/I<L _Fri 4/11 B tERATAI TEWOIS Sun 30/10 Tw 1/11_ H§ HATHA
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      Page 41 Advertisements Column 3
      225 41 Quarant—d Sailing* to: IbAMGKOHLAEM CHABANC LAQsj«/10 (SAT), 1/H (TUE) TOUT KEIAW6/PENANG 3/11 (THU), 2S/10 (FW) HOWG KONG 1/11 (Til). 2»/10 (FW) lAKMTA 29/10 (S»T) MAIW. A/ CEBU/SUBIC BAT 31/10 (MOW) HO CH MHH 2«/10 (FW) SURABAYA 30/10 (SUN) BUSAN 31/10 (MOW) I V-S DONGNAMA LINE COWTiUNPWiP IBWC« mwTt/itw/mc/mi WSSfI (MSJ)
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      591 41 iSr^RICHFIELMJwiMM^tMCIt^S^T^TD V TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ]W] ETHIOPIAN SWPM LNES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ynwl Voy Eta Loading For Sport Abbay Won* 41WB 15/11 Mombtsi Djibouti Assab. Maswm Abbay Worn" «2WB 15/12 Mombasa. Djibouti Assab.
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      1584 42 lAIAAMn Container lines, inc I |Afl«nts: MAC-NELS BPORE: *****22 (24 LINES) VJ C m Noc **********0S SIBU (084) *****9 KUCHINQ (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
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      Page 42 Advertisements Column 2
      166 42 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (u t" sro« rani hum*; mum am i«* #/U lo*W<t to< Mate RUVU HUOHU >0 lojdw* lot &.!>* 001 rm W/10 Lo*kn« Fo« Mate HOMER sum* ll'll loading r« Mate UMMIDH am Loading Foi Mate FDOGHSS UMIT »/10 Loadinf to» CNiu
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      Page 42 Advertisements Column 3
      852 42 IT THONG SOON UNES PTE LTD <fyrXf\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I \y W TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I eiu/«iBADe eißiiuii/ SING A EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VESSEL VOY S PORE PEST VESSEL S'PO«C jjggjl
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      661 43 Al m M flf I ORIENT LINE" H JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BMAXBUK SOC CAAGOtS TO/FROM KOK. YOKOHAMA, NAGOYA. •w MOH TOKYO* MANKA*. OAVAO'. Penant* P. Kelinj Sintapore E Msia* KAMALEVERETT V23E 11/ M Nov SHAPIAEVERETT V23E 23/24 No* J KARABIEVERETI V2OE U/15 Dec ACCEPTING BREAKBU.K FCI SOC CttGOtS
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      220 43 181. GLORY NAVIGATION GBOUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN f SINGAPORE TO KOMPONG SOM *AT ATTRACTIVE RATES' CR NO: **********0W J KAO SIN PKG PNG GLORY SELATAN X 21/10 23/10 25/10 J GLORY SELATAN VI 27/10 4/11 6/11 8/11 I B SP KOMPONG SOM GLORY SELATAN V 28/10
      220 words
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      Page 43 Advertisements Column 3
      594 43 PAKISTAN NATIONAL |f SHIPPING CORPORATION Hj BWEAKBULK* container service I VOY SIN KARACHI I L MAKRAN 151 HW 30/10 »/H I** BOLAN 142 HW 12/11 22/1 I yt( ISLAMABAD 126JW £1/11 IZl£ I 1^ HYDtRABAO 135 HW 27/11 t/12 FAR EAST CONTAINER SERVICE ONLY I SIX HKG BSN OS* NAG
      594 words
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      Page 43 Advertisements Column 4
      828 43 SBH FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA SSEL I IYAGE SIN OUR JNB" HRE* PU CPT» OEW MPM* I ME 102 22/10 05/11 00/11 16/11 06/U 09/11 13/11 15/11 I I lATAIME 82 02/11 15/11 16/11 27/11 16/11 19/11 26/11 26/11 II ftAHE/107 12/11 25/11 »/ll 09/12 26/11
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      Page 43 Advertisements Column 5
      340 43 SjN FAR EAST 1/11 KEELUNG/KAOHSIUNG 30/10 BANGKOK 30/10 MANILA/CEBU 30/10 JAKARTA/BELAWAN/SURABAYA 31/10 PORT KELANG/PENANG/E. MALAYSIA 30/10 BUSAN 30/10 TOKYO/YOKO/KOBE/NGO/OSA 31/10 HONG KONG S!N CHINA 31/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SIN EUROPE/UK 31/10 LDN/FLX/LVP/SOU 31/10 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 30/10 LOS ANGELES/NEW
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      Page 44 Advertisements Column 1
      1074 44 FIXED V i WEEKLY SAILINGS MELBOURNE |n GP SHIPPING PTE LTD I Call: Kenny/Mas/Peter jww>wiww ww w w !witlll!iw ww ,wwiw y^ ww w 'mV n*i*oV>"nVf">"n a r <***■«— I Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SjL CBT CMT Liner Express Agencies Pte Ltd Hot Line
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      Page 44 Advertisements Column 2
      397 44 y Conform 9 CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 3 NOVEMBER (Accepting lo ail N«w ZMland poets) PENANG 29 OCT JAKARTA 30 OCT PORT KLANG 3 NOV BANGKOK 30 OCT MELBOURNE 30 OCT SYDNEY 30 OCT BRISBANE 30 OCT FREMANTLE 3 NOV ADELAIDE 8 NOV 29 OCT 'ACCEPTING TO ALL
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      Page 44 Advertisements Column 3
      815 44 CONSOLIDATION TO BUSAN FIRST FORWARDER IN OFFERING TWICE WEEKLY gtitfAfEi* LCL SERVICE TO BUSAN Call SANISA at DID: 770 5014 C@lBj for bookings NOW!!! I vs^hgdl Tel: Fax: MTOmATKMAI SEA FREIGHT A Singapore 778 6522 *****38/*****36 FORWARDS mrntl Also has ofTices in:- i4||t wo iogbtics services MALAYSIA THAILAND PHILIPPINES jfitfT
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      1468 45 |SEAMAORGENTIN^INE^^a| CONTAINERISED "HUB" SERVICE f DIRECT TO ARGENTINA/BRAZIL URUGUAY 1 <■« I w m P.imm "n—« I »rwn» I mr I m FRANCISCA SCHUITE 005E 07/11 15/12 16/12 21/12 I 22/12 I 27/12 I 19/01 ALEXANDER SCHULTE 005E 24/11 30/12 01/01 06 01 I 07 01 11/01 I 05/02 BIROrr
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      Page 45 Advertisements Column 2
      381 45 CEYLON SHIPPING CORPN National Une of Sri Lanka CONTAINLRISLD SERVICE TO UK AND NORTH CONTINENTAL PORTS wlu 01 mm mm »/n 11/10 i//ii lt/n »/n 21/11 n/n WMUSK MALI* MM 3 M/ll IVII 01/12 ti/li N/12 SI (>< Mm 17/11 30/11 *1/12 WUi njCMW WW IS/11 H/ll >7/12 M/ 12
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      Page 45 Advertisements Column 3
      343 45 K3 laraoClulf weekly lcl consolidation Se<!>f ir Gutf SERVICE TO MIDDLE EAST/EUROPE ZZXG2I2SSI SIN o*B PRESIDENT HARDING 091 27/10/94 PRESIOENT GARFIELD 092 03/11/94 12/11/94 PRESIOCNT ARTHUR 092 10/11/94 19/11/94 PRESIDENT BUCHANAN 093 17/11/94 26/11/94 CMMIMI REGULAR BREAKBULK CONTAINER ifWft SERVICE TO CHILE/ARGENTINA/BRAZIL URUGUAY FEEDER VESSEL MOTHER VESSEL SM IQQ VIP
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      712 46 SAMIIDERA INDONESIA (SI PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 Tel: *****81-3 FAX: *****36 (3 HUHTIH6 lIMES) TLX: R*****0 >; BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA 5 SLGS/WEEK 3 SLGS/WEEK :[VESSEL VOY |SIN JAK VESSEL VOY SIN SUR TWADIKA 1051 26/10 (WED) 28/10 (FRI) LUMOSO 950 IN
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      Page 46 Advertisements Column 2
      292 46 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Tofghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Voslocftny, Vladivostok. Moscow. Baku, Tashkent, Irkutsk, Alma Ata, Ashgabad. Dushanbe. Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Europa V.2384 01/11 25/11 Ned Hong Kong V
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      Page 46 Advertisements Column 3
      405 46 arm(k WNOUY-OWKD SUBSIDIARY OF NOL) MAIN LINE: 222 0255 < AIRFREIGHT: 545 4255 WEEKLY LCL CONSOLIDATION INDIAN SUB CONTINENT ETO ETP USA/EUROPE/AUST/NZ ETD ETD COLOMBO 31/101 iTTI USA (ALL INLAND POINT) 30/10 6/11 CHITTAGONG 1/11 8/11 EUROPE (ALL BASE PORTS) 31/10 7/11 CALCUTTA 29/10 6/11 NEW ZEALAND (ALL PORTS) 30/10
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  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      601 47 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [m* pgo* vessels voy I sm rtm ant« ieh« ham mt feTI »7To 28/10 29/10 H. FRONTIER 313*" 31/10 18/11 20/11 19/11 20/11 20/11 22/11 02/11 04/11 05/11 $L FREEDOM 313W 07/11 25/11 27/11 26/11 27/11 27/11 29/11 09/H
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      Page 47 Advertisements Column 2
      347 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IHBMIND VESSELS KSSEI VOT SP PR RUC RR MIM MT OCEAN BLUE i SID MPT 30/10 AREBU 25 20/1# 30/X0 ROUSHUN 44 30/10 31/10 (WR) AMTA JATA 1 1/11 3/11 OMNI ROSE 1 2/11 4/11 ORANGE MOON 57 12/11 10/11 (BRR)REISHUN
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      Page 47 Advertisements Column 3
      594 47 JEDDAH/UK/CONTINENT I STORE lED S TON HBURC R DAM LEX Ah* Acccptanf C *|S For ESSEN EXPRESS 01/342 29/10 7/11 10/11 19/11 21/11 23/11 Southampton :to aRl* dMtnatan. NW ami IMin LA SEX 31/143 2/11 19/11 22/11 24/11 Rotterdam :to aR Antwerp. Amsterdam. 04). Hetarki HOECHST EXPRESS 17/343 5/11 14/11
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      313 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 M 1.4 1.9 2.1 2.2 2.2 1.9 1.6 1.3 1.2 1.2 1.3 1.7 2.1 2.6 2.8 2 8 2.6 2.2
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