The Business Times, 13 December 1994

Microfilm: NL19753
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday December 13 1994 75«
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow up 4 points
      57 1 Reuter NEW YORK Wall Street stocks were mixed yesterday as a sell-oIT in high technology shares countered a rally fed by bargain hunters. The Dow Jones industrial average was up 4.71 points at 3,695.82 at lpm EST. In the broader market, decliners led advances 11-9 on
      Reuter  -  57 words
    • Article
      Lock icon Kmart to cut 900 jobs
      55 1 Bloomberg Business News TROY, Michigan Kmart Corp, in an effort to slash expenses, yesterday said it will cut 900 jobs at its headquarters. The layoffs are part of the company's previously announced plan to reduce annual expenses by US$6OO million (SsB76 million) to US$BOO million
      Bloomberg Business News  -  55 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Monday Change STII 2,091.69 -10.59 KLSEComp 895.77 -15.49 Nikkei 18,975.10 -3.20 Hang Seng 7,707.78 -81.29 SET Index closed Jakarta Comp 447.76 -6.32 CLSA China B 938.33 -16.44 Aust All Ord 1,842.0 -8.9 FTSE 100 2,943.4 -33.9 Monday Previous lpm EST close Dow Jones 3,695.82 3,691.11
    163 words
  • Article
    Two Thai companies seek primary listings in S'pore
    497 1  -  From Loh Hui Yin in BANGKOK BANGKOK Two Thai companies are seeking primary listings on the Stock Exchange of Singapore, reflecting a growing regionalism in the outlook of Asean companies. One is mobile telephone concession holder Total Access Communication (TAC) and the
    497 words
  • Article, Illustration
    S'pore, KL markets break support levels
    312 1  -  By Quak Hiang Whai SINGAPORE Bears continued to dominate Asian markets yesterday with both the Singapore and Malaysian bourses closing below their psychological support levels. Share prices in Hongkong also retreated sharply, sending the benchmark Hang Seng Index to its lowest level since September
    312 words
  • Article, Illustration
    Prices are undergoing correction: Anwar
    273 1  -  From Ho Kay Tat in KUALA LUMPUR WITH share prices taking another beating yesterday, Finance Minister Anwar Ibrahim was forced to take another question on the stock market posed by a participant at a business conference. Mr Anwar repeated his earlier remarks that the stock
    273 words
  • Article
    Lock icon Fed may wait till next year before raising rates again
    550 1 NYT WASHINGTON While the US Federal Reserve is clearly determined to raise short-term interest rates further, comments by the central bank's top two officials suggest that it may not act at the next meeting of its policy-making committee on Dec
    NYT  -  550 words
  • Article
    Asia-Pacific Breweries unit writes off NZ$114m
    455 1  -  By Lee Han Shih SINGAPORE New Zealand brewer DB group, a subsidiary of Asia-Pacific Breweries of Singapore, yesterday announced a massive write-oIT of NZS 113.8 million (SS 105.74 million) for the 15 months ended Sep 30. As it is 54.7-per cent owned by the
    455 words
  • Article
    Chuan saves minority govt by roping in Chart Pattana party
    422 1  -  From Loh Hui Yin in BANGKOK THAI Prime Minister Chuan Leekpai has managed to prolong the life of his minority government by getting a major opposition party. Chart Pattana. to replace the New Aspiration Party. Chart Pattana's decision to accept
    422 words
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      118 1 J I PREVENTS SWEATY PALMS! Ill: tilth IL.. e J IT REALLY WORKS! Available at pharmacies and supermarkets CONTENTS News Companies S'pore News 2 S'pore-M'sia .21.22.23 Regional News 3.4.6 Financial 24.25 World News 8-10 Features Markets Analysis 19 Clob RISE. SES 28 30 Editorial 18 Regional 26 Sports 17 World
      118 words
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      20 1 Property: pk is Tax tips for Aussie investments Regional market reports, Pg 26-30 Cerebos Pacific posts record profit, Pg 21
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      10 1 Hock Lock Siew: Pg 21 /{y Indon economy looking /An
      10 words
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      18 1 PREVENTS SWEATY SMELLY FEET! !„j feTT FEAT FEMi Lll I I iTHKU.n WORKS! \\ailal)lc at pharmacies and supermarkets
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon It's a wholesale retreat
        276 2  -  By Teh Hooi Ling WHOLESALE prices have remained flat, the latest figures from the Department of Statistics show. The Manufactured Products Price Index for October was 80.4 points 1.6 percentage points lower than a year ago and about the same as in September. Indeed, the index
        Source: Dept of Statistics  -  276 words
    • Article, Illustration
      $335m land link planned for huge island chemical complex
      390 2  -  Reports by Juliette Walker A 5335 MILLION land link will be built between the mainland and the future Jurong Island, Trade and Industry Minister Veo Cheow Tong said yesterday. The link would be built by 1999 to lower costs for companies
      390 words
    • Article
      JTC awards $110m contracts to speed up building of factories
      253 2  -  By A J Leow THE JURONG Town Corporation (JTC) has awarded two construction contracts worth Si 10 million in a bid to speed up its factory building programme. In the first contract. Tiong Aik Construction will build 35 factory' units
      253 words
    • Article, Illustration
      Courts get tough on employment of illegals
      283 2  -  By Ven Sreenivasan COURT fines on 278 employers of illegal foreign workers came to 54.1 million in the first nine months of this year. With more awaiting trial, the figure for the whole year is expected to rise. For the whole of 1994.
      283 words
    • Article
      Two to pump US$40m into venture to supply oxygen, nitrogen
      326 2 TWO foreign-owned firms will invest US$4O million (SSS9 million) in a venture to supply oxygen and nitrogen to petroehemieal companies on Pulau Aver Merbau. Pulau Seraya and ultimately on the future Jurong Island. Petrochemical operator Ethylene Glvcols Singapore (EGS) and
      326 words
    • Article
      Charity race teams notch up $712,000
      208 2 PARTICIPANTS in the Charity Investment Race had raised a total $712.000 at the end of October, up from $660,372 two months before. As in the previous period, only one of the eight participants did not make money. The top team, a local broking house,
      208 words
    • Article
      Judge calls defence on 25 charges against Pillai
      397 2  -  Biscuit King trial By Ramesh Divyanathan A DISTRICT Court judge yesterday called for the defence of "Biscuit King" Rajan Pillai on 25 of the 26 charges he faces. Pillai, 45, former managing director of Britannia Industries Pte Ltd (BIPL), will have to
      397 words
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      25 2 LOUS YEAPREAUY PTE ITD Ifiurr Personal Finance and Investment, every Saturday in Executive Lifestyle f inf ky'if >«IBHRMK*-<^ vv T^)^^FWttj> ■f^^»^.:«^jyjy, i 'jf^lSH gnv-v. JB^vKBSP
      25 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon KL to privatise highway project linking hill resorts
      387 3 Bernama KUALA LUMPUR The government has decided to privatise the highway project linking peninsular Malaysia's three main hill resorts Cameron Highlands, Fraser's Hill and Genting Highlands. Works Minister Leo Moggie yesterday said that in view of the high cost of the project
      Bernama  -  387 words
    • Article
      Court throws out environmentalists' suit against Suharto
      352 3  -  From Leslie Lopez in JAKARTA AN Indonesian court yesterday rejected a suit by environmental groups against President Suharto for directing the transfer of US$lB5 million (***** million) from a rainforest preservation fund to a state-owned aircraft manufacturer. Judge Benyamin Mangkudilaga ruled that the
      352 words
    • NOTE BOOK
      • Article
        Lock icon Indon tourist arrivals up
        98 3 AFP JAKARTA Foreign tourist arrivals in Indonesia during the first 10 months this year rose by 18 per cent to more than 2.73 million people compared with the previous year, a minister said here yesterday. Tourism, Post and Telecommunication Minister Joop Ave told a parliamentary session
        AFP  -  98 words
      • Article
        Lock icon Phnom Penh's electricity woes
        100 3 Reuter PHNOM PENH Only 6 per cent of residents in the Cambodian capital Phnom Penh enjoy uninterrupted electricity, according to a survey released yesterday. The survey of 600 residents, conducted by local company International Management and Investment Consultants, said 60 per cent had power for 12
        Reuter  -  100 words
      • Article
        Lock icon Viet killings in Cambodia slammed
        98 3 Reuter PHNOM PENH The killing of two ethnic Vietnamese last week was condemned yesterday by one of Cambodia's most influential human rights groups. "The Khmer Institute of Democracy strongly condemns the new massacre of innocent Vietnamese residents in Preak Ampil commune, Khsach Kandal district of
        Reuter  -  98 words
      • Article
        Lock icon New licence for banned Indon magazine
        95 3 Reuter JAKARTA Indonesia's Information Ministry said yesterday it would issue a new publishing licence to the staff of one of three magazines banned last June for reporting sensitive political matters. Information Minister Harmoko, appearing before parliament, said the new licence would be made available
        Reuter  -  95 words
      • Article
        Lock icon Myanmar state firms to be privatised
        69 3 Reuter YANGON Myanmar's Minister for National Planning and Economic Development David Abel has presented a list of state enterprises to be privatised, state-run newspapers and television reported yesterday. The Myanmar Privatisation Committee, meeting on Friday, fixed prices for enterprises to be sold to private
        Reuter  -  69 words
    • Article
      Lock icon Manila seeks way out of horrendous traffic snarls
      150 3 Reuter MANILA The Philippine capital's nightmarish traffic situation has been blamed on the rising numbers of private cars, a lack of discipline among motorists and pedestrians and problems with traffic enforcers. "We have in our midst a problem so real that no
      Reuter  -  150 words
    • Article, Illustration
      Lock icon America's new base in Vietnam
      28 3 Reuter Hanoi residents cycling yesterday past a nine-storey building in which the US plans to open its diplomatic liaison office in Vietnam. Reuter
      Reuter  -  28 words
    • Article
      Lock icon US, Hanoi reach deal over seized property
      304 3 Reuter HANOI The US and Vietnam have reached agreement on the fate of US government properties seized when communist forces won the Vietnam War nearly 20 years ago, US officials said yesterday. The agreement, initialled in Hanoi last Friday, includes the former US
      Reuter  -  304 words
    • Article
      Lock icon Taiwan firm gets go-ahead for Viet town project
      265 3 Reuter HANOI Vietnamese Prime Minister Vo Van Kiet has approved a massive project to build a new town in Ho Chi Minh City with heavy investment by a Taiwanese firm. Government officials yesterday said Taiwan's Central Trading and Development (CT&D). partly-owned by
      Reuter  -  265 words
    • Article
      Lock icon Indonesia opens Asia-Africa cooperation forum
      281 3 Reuter JAKARTA Indonesia's President Suharto, chairman of the Non-Aligned Movement (NAM), launched a meeting yesterday that will give African nations the chance to learn from Asia's dynamic economics. Mr Suharto, who has used his tenure as NAM chief to call for greater cooperation among developing
      Reuter  -  281 words
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      230 3 (PEEP Nanyang Technological University Centre For Advanced Construction Studies X/ presents First International Conference on Construction Project Management The theme of the Conference is "Innovation and Dynamism kor Ft ti re Prosperity". More than 65 papers written by experts from over 20 countries will be read. Mr Jack Lemley; Lemley
      230 words
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      258 3 NEW CENTER NOW OPEN IN PETAUNQJArA__\ Give Your Face a Ftee Executive Treatment Since Men's Skin Center introduced The IBSMHBpPiI Executive Treatment many men have experiI enced the pleasure and confidence that comes from having their skin "groomed" with the same attention they give to their < CW hair and
      258 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Too many golf courses in Guangdong
        91 4 UPI HONGKONG China's thriving Guangdong province is teeing up a campaign to cut the runaway growth of golf courses to save scarce land for farms and people, it was reported yesterday. Half of Guangdong's 40 golf courses have not received official approval, the pro-China
        UPI  -  91 words
      • Article
        Lock icon Chinese credit rating down
        100 4 Bloomberg Business News LONDON China's credit rating has been cut to 'C' from 'B' by The Economist Intelligence Unit, a London-based economic research group. The EIU says a protracted power struggle about who will succeed ageing leader Deng Xiaoping is paralysing economic policy. Policies needed to
        Bloomberg Business News  -  100 words
      • Article, Illustration
        Lock icon Passion under scrutiny
        57 4 AFP TAIPEI A Taiwanese model having a closer look at a porcelain figurine of a couple in the throes of passion during the opening of the "Special Greetings for Sex and Life exhibition over the weekend. The 25-day show features about 400 items of Chinese erotica and
        AFP  -  57 words
      • Article
        Lock icon Taiwan okays investment of US$1.4b
        90 4 Bloomberg Business news TAIPEI Investment applications from foreign companies approved by Taiwan in the first 11 months of the year rose 29 per cent to US$l.42 billion (552.08 billion), the ministry of economic affairs said. Interest among overseas companies has picked up this year because
        Bloomberg Business news  -  90 words
      • Article
        Lock icon Taipei-Beijing talks urged
        121 4 AFP TAIPEI A semi-official body here yesterday proposed that the two rival sides of the Taiwan Strait hold a third round ot high-level talks in Beijing early next year. Chiao Jen-ho, vicechairman of Taiwan's government-funded Straits Exchange Foundation (SEF), said he hopes China will agree to the
        AFP  -  121 words
      • Article
        Lock icon Former China vice-premier dies
        86 4 AP BEIJING Yao Yilin, a former Chinese vice-premier and a conservative economist, died on Sunday of illness. He was 77. The official Xinhua news agency announced Mr Yao's death late yesterday but gave no details. Mr Yao disappeared from public view for months in 1991. reportedly
        AP  -  86 words
      • Article
        Lock icon Six Taipei generals are gang members
        107 4 AFP TAIPEI Taiwan's Defence Minister Sun Chen said yesterday his ministry has discovered that six military generals are gang members. "We have found that six of these generals have this kind of background," Mr Sun told members of parliament. "We will ask them to
        AFP  -  107 words
      • Article
        Lock icon Cinema-deaths: deputy director held
        116 4 Reuter BEIJING Chinese public security officials have arrested the deputy director of the Friendship Hall cinema where 325 people, including 288 children, were burned to death in a fire last week, officials said yesterday. Abulaqi Cade, a member of the local Muslim Uighur minority, was arrested
        Reuter  -  116 words
    • Article
      Lock icon Company official held in Shanghai's biggest share fraud case
      337 4 Reuter SHANGHAI Police have arrested a top company official in the biggest corruption case in the history of the Shanghai Stock Exchange, company officials said yesterday. Zhu Jianping. 48, the deputy general manager of Shanghai Rubber Belt Co Ltd, allegedly earned
      Reuter  -  337 words
    • Article
      Lock icon China's consumer-price inflation slows in November
      451 4 Bloomberg Business News. Reuter HONGKONG China's economy appears to be cooling, with the year-on-year consumer price inflation rate in 35 major cities slowing to 24.9 per cent last month, compared to 27 per cent in October. The State Statistics Bureau yesterday said November's data
      Bloomberg Business News.; Reuter  -  451 words
    • Article
      Lock icon Beijing TV series to promote knowledge of share market
      273 4 AFP HLIJINCi "If you can't playit, watch it." is the latest concept being touted by China's fledgling state treasury bond market the subject of a new television comedy series entitled Gentleman turns Money. The co-production by the Ministry of Finance anil
      AFP  -  273 words
    • Article, Illustration
      Lock icon HK may face shortage of hotel rooms: analysts
      407 4 Property developers favour commercial complexes for world's most costly office rents AFP HONGKONG Hongkong's tourist industry may soon be unable to accommodate visitors as hotels are being razed to create commercial developments for the world's most expensive office space. Analysts say that
      AFP  -  407 words
    • Article
      Lock icon China to invite foreign tenders for power plants
      232 4 Reuter BEIJING China will invite foreign tenders for power plants, starting next year, with the rate of return on capital to be decided according to bids, a senior Ministry of Electric Power official said yesterday. "Foreign investors who have a long-term view
      Reuter  -  232 words
    • Article
      Lock icon Beijing aims to keep urban jobless rate at 3% next year
      499 4 Reuter BEIJING China has set an ambitious target of keeping the urban unemployment rate next year at about 3 per cent, despite 10 million new job-seek-ers and 30 million migrant workers seeking jobs. China faces a Herculean task in
      Reuter  -  499 words
    • Article
      Lock icon China state firms can't pay 40% of debt
      170 4 Bloomberg Business News HONGKONG China's state-owned enterprises may be unable to repay debts totalling one trillion yuan (Ssl7l billion). equivalent to 40 per cent of the country's bank loans, the official Economic Information Daily reported yesterday The paper cited Zhao Haikuan, secretary-general
      Bloomberg Business News  -  170 words
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      134 4 -Z/ay out the food. Let the drinks flow. Let the music play. Welcome to Sttlwwhes priced ai $25.00++anJ $35.00** Ristorante Italiano Sabatini, Singapore's premier Italian restaurant. All prices are suh/ect to IC% service charge, plats pret ailing cess and 3% GST Renowned for its uncompromising gourmet servings, its choice list
      134 words
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      88 5 Johnnie I C lassie I THE ONLY GOLF I TOURNAMENT I I N TH E WOR L D WHE R E THE SPECTATORS CAN SINK THE WINNING SHOT. I Asia's premier golfing event, the Johnnie Walker Classic, lees off at the Orchard C.o/f Country Cluh. Manila. January 26-29. Oua again,
      88 words
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  • REST OF ASIA
    • Article
      Lock icon Japan's LDP thrashes new opposition party in local polls
      285 6 Reuter TOKYO Japan's ruling Liberal Democratic Party (LDP) threw cold water on the debut celebrations of the fledgling opposition New Frontier Party (NFP), crushing it in local polls held on Sunday. Election commission officials in Ibaraki prefecture, north of Tokyo, said
      Reuter  -  285 words
    • Article
      Lock icon Canberra to sell rest of Qantas stake in May
      254 6 Bloomberg Business News CANBERRA Australian Finance Minister Kim Beazley yesterday said the public share sale of its remaining 75 per cent stake in Qantas Airways would most likely take place next May. That takes the sale down to the wire in
      Bloomberg Business News  -  254 words
    • Article, Illustration
      Lock icon Tokyo assures Rabin of support for M-E peace process
      313 6 AFP TOKYO Yitzhak Rabin, making the first visit here by an Israeli prime minister, was yesterday assured of Japan's continued support for the Middle East peace process and Palestinian self-rule. Japanese officials said. Japanese Prime Minister Tomiichi Murayama told Mr Rabin
      AFP; Reuter  -  313 words
    • Article
      Lock icon IMF fact-finding team to visit Sri Lanka
      357 6 Reuter COLOMBO An International Monetary Fund (IMF) team arrives in Sri Lanka this week for talks with the new People's Alliance (PA) government ahead of a crucial donor group meeting and the main budget slated for early 1995. "The team's aim is to
      Reuter  -  357 words
    • ASIA NOTES
      • Article
        Lock icon No deal on India, US textile tariff cuts
        108 6 Bloomberg Business News NEW DELHI India and the US ended another round of talks on reducing textile tariffs and increasing access to each other's textile markets last Friday in Geneva without an agreement, says the Economic Times newspaper. They've been negotiating since
        Bloomberg Business News  -  108 words
      • Article
        Lock icon Japan growth not likely to hit 3%
        106 6 Reuter TOKYO Japan's economic growth is unlikely to reach 3 per cent in either fiscal 1994/95 ending March 31 or 1995/96, said Shoichiro Toyoda, chairman of the Federation of Economic Organisations (Keidanren). He told a news conference that Japan is most unlikely to
        Reuter  -  106 words
      • Article
        Lock icon Aussie telecom exports to grow 43%
        94 6 AFP CANBERRA Telecommunications exports from Australia were expected to grow by 43 per cent in the 1994/95 financial year to service rapidly expanding Asian markets, a government report said yesterday. The Australian Telecommunications Industry Development Authority report said the biggest export earner for 1994/95
        AFP  -  94 words
      • Article
        Lock icon Aussie retail sales at record high
        83 6 Reuter SYDNEY Australian consumers are in a mood to spend, according to data released yesterday showing retail sales at a record high and a top retail body said strong economic growth may send Christmas sales to an all-time peak. The value of retail turnover
        Reuter  -  83 words
      • Article
        Lock icon Indian Ocean states urged to group
        81 6 Reuter PERTH The countries of the Indian Ocean region should form an economic cooperation arrangement similar to Apec. an official of the Confederation of Asia Pacific Chambers of Commerce and Industry (Cacci) said yesterday. Harold Clough. addressing the Cacci biennial conference in Perth, said
        Reuter  -  81 words
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      130 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Poll debacle seen leaving premier vulnerable
      620 7 Analysis of Indian state elections Knight-Ridder NEW DELHI An electoral rout in two important south Indian states is likely to weaken Prime Minister PV Narasimha Rao's grip on power, and may even lead to his ouster. The pro-liberal Indian prime minister is facing a
      Knight-Ridder  -  620 words
    • Article
      Lock icon Population problem a challenge for India's prosperity
      392 7 Business Week NEW DELHI The clock keeps ticking away. It doesn't tell the time: it depicts a time bomb. Set up at a busy intersection in New Delhi, the digital clock registers India's population growth 2,174 people every hour. That's 19 million more
      Business Week  -  392 words
    • Article
      Lock icon Share prices expected to slide further
      525 7 Reuter BOMBAY The rout of Prime Minister P V Narasimha Rao's Congress party in state elections is likely to make India's sagging bourses even more jittery, brokers and analysts said yesterday. "A debacle like this was not expected. People close to the market are
      Reuter  -  525 words
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      311 7 T"\ Imi jihl the afore-mentioned realities. A superior lifestyle, with all the remaps the most curious Arab I 1 1 .T3 11 T) r_ iL moment's thought will readily wealth and enthusiasm to myth surrounding Kolls-lvoyce cars is the „.JSL, 4 4 4 1 m<i«ar car manufacturer* alleged conservatism ot
      311 words
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  • THE WORLD
    • Article
      Lock icon US producer and consumer prices expected to rise
      482 8 Knight-Ridder WASHINGTON After unexpectedly benign US inflation data for October on both the producer and consumer sides, November's inflation reports are expected to show an acceleration in prices. The median estimate of a poll of leading economists has put November producer prices
      Knight-Ridder  -  482 words
    • Article, Illustration
      Lock icon Floods hit Scottish town
      50 8 AFP PAISLEY, Scotland A rescue boat negotiating past submerged parked cars here on Sunday to ferry residents from their flooded homes. More than 150 people were tuciilrd from the town after heavy rain caused water levels to rise up to two metres ia some places. AFP
      AFP  -  50 words
    • Article
      Lock icon Russian drug industry needs cash injections
      435 8 Reuter ST PETERSBURG Russia's pharmaceuticals industry is sick, and big injections of cash are needed for the patient to recover, Russian and Western experts say. "Russia's medical sector is in such bad shape that improvement just has to come," Richard Smith, general director of
      Reuter  -  435 words
    • Article
      Lock icon Clinton wants tax cut for middle class: Bentsen
      276 8 Reuter WASHINGTON Outgoing Treasury Secretary Lloyd Bentsen on Sunday said the Clinton administration wants a tax cut for the middle class but is concerned about how to pay for it. In a television interview he said "the president very much wants to
      Reuter  -  276 words
    • Article
      Lock icon Italian minister says Berlusconi govt about to fall
      395 9 Reuter ROME A sense of imminent political crisis gripped Italy yesterday after Interior Minister Roberto Maroni said Prime Minister Silvio Berlusconi's government appeared to be heading for collapse. His remarks frightened financial markets, with Mr Berlusconi due to be questioned by magistrates
      Reuter  -  395 words
    • Article
      Lock icon EU leaders agree to enlargement programme
      360 9 FT LONDON European Union leaders agreed to a road map for enlargement to the east and south at a weekend summit in Essen which confirmed Chancellor Helmut Kohl of Germany as Europe's leading powerbroker. Mr Kohl, as summit host, overcame opposition over plans for
      FT  -  360 words
    • Article
      Lock icon Greek labour unions plan nationwide strikes over govt budget
      248 9 Reuter ATHENS Greek labour unions are set for a showdown with the Socialist government over its strict 1995 budget and tight incomes policy. Workers and civil servants are joining forces tomorrow for nationwide strikes and demonstrations in major cities, threatening to
      Reuter  -  248 words
    • WORLD WATCH
      • Article, Illustration
        Lock icon Russia's Chechnya conflict spreads
        94 9 Reuter GROZNY, Russia Russian tanks rolling into Tolstoyurt in Chechnya at the weekend to end Chechnya's three-year unilateral bid for independence. But Russia's conflict with Chechnya threatened to spread yesterday when Moscow accused another Caucasian region of declaring war on it. As Chechen negotiators left for
        Reuter  -  94 words
      • Article
        Lock icon Kinkel re-elected party chief
        78 9 Bloomberg Business News GERA, Germany German Foreign Minister Klaus Kinkel won a vote of confidence over his role as leader of the Free Democratic Party, the junior party in the governing coalition. FDP members voted 390 to 185 to retain Mr Kinkel as chief of the
        Bloomberg Business News  -  78 words
      • Article
        Lock icon Clinton plans to run again
        129 9 AP MIAMI Even in this dark hour of Democratic politics. President Bill Clinton says he plans to run for re-election. "Absolutely." he said when The Miami Herald asked whether he intended to run again. "But I can't serve if I worry about getting re-elect-ed." In
        AP  -  129 words
      • Article
        Lock icon Britain waiting for winner of £17.8m
        86 9 AP LONDON One man or woman became fabulously wealthy last weekend, and Britons are dying to know who. There was a single winner of the £17.8 million (5540.8 million) lottery jackpot, said a statement on Sunday from Camelot, which organises Britain's national lottery The
        AP  -  86 words
      • Article
        Lock icon Modest pay rise for UK directors
        71 9 Reuter LONDON UK company directors received average wage increases of 3 per cent over the last 12 months, way below the high profile leaps of an elite few. a survey by the Institute of Directors and The Reward Group found. Over the next 12
        Reuter  -  71 words
    • Article
      Lock icon Britain seeks foreign capital for Northern Ireland
      303 9 AFP BELFAST Britain this week holds a two-day international investment conference here to attract fresh foreign capital to a Northern Ireland economy just starting to recover from decades of sectarian violence. The International Investment Forum today and tomorrow, sponsored by Prime Minister John
      AFP  -  303 words
    • Article, Illustration
      Lock icon Delors' decision not to run for French presidency hands victory to Right
      402 9 Reuter PARIS Jacques Delors' bombshell decision to duck out of the 1995 presidential race has handed the French Right victory on a plate, paving the way for it to monopolise all levers of power, political commentators said yesterday.
      Reuter  -  402 words
    • Article, Illustration
      Lock icon Chile invited to join Nafta in move towards free trade zone
      388 10 FT MIAMI The leaders of the I US, Mexico and Canada on Sundav invited Chile to join them "in the North American Free Trade Agreement, in what they described as the lirst step towards a free trade zone covering
      FT; Reuter  -  388 words
    • Article
      Lock icon EC urged to use computer funds for info highway
      211 10 FT LONDON Europe's leading computing services companies have told the European Commission (EC) lunds earmarked for basic computer technology research would be better spent on information services to run on the "digital superhighway". The Services Informatics Expertise advisory group (SIX) savs
      FT  -  211 words
    • Article
      Lock icon Major faces EU referendum pressure as polls defeat looms
      356 10 FT LONDON British Prime Minister John Major faees growing pressure to agree to a referendum on further European integration as Conservative leaders braced themselves tor a heavy defeat in Thursday s Dudley West by-election. With another difficult week for the party
      FT  -  356 words
    • Article
      Lock icon World Bank agrees to coca substitute loans
      248 10 Bloomberg Business News MIAMI The World Bank and International Monetary Fund have agreed in principle to provide loans to Latin American countries to help farmers develop crop substitutes for the coca leal, a White House official said on Sunday. Lee Brown, director of
      Bloomberg Business News  -  248 words
  • Page 8 Advertisements
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      1539 8 INDONESIA MALAYSIA TAIWAN Tlja c* 41 HAIl *»o (Gufafkctfc) LIMITED 4 </4 Incorporated in Singapore ANOTHER EXCELLENT PERFORMANCE FROM BRAND'S j I LEADS GROUP TO RECORD PROFITS I A Pre-Tax Profit Record at S$l23M I EPS 22% Ahead of Last Year 1 Directors Recommend Increased Dividend Plus Bonus Dividend RESULTS
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      71 9 I 2 —a KiHhk. >i Ik Corecision movements j RAYMOND WEIL Steel and IBK gold Scratch-resistant sapphire crystal. Water-mutant to 30m Ref. *****T Ladies 551.645 00 and Ref. *****t Gents 551.735 00. Celebmte his ChriMmcis with beautiful ladies Vanity Case when you purchase a Raymond Weil. 5 Raymond Weil Showroom
      71 words
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      370 10 WFSline An SPH AudioTex Service I In English Number Horoscopes (Daily) 845® I The SAGITTARIUS Employee; Win Prizes! I j Entertainment News 8451 I Battle Of Songs. I Ghost Stories 845Z 1 Wedding Banquet; Win Prizes! I j Children's Funland 8453 I Sun Wukong In The World Of Darkness I
      370 words
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      Page 10 Advertisements Column 2
      229 10 Editorial: The spirit of Miami, Pg 18 THE LUXURY CAR RUILT UN A RELIEF IN EXHILARATION. THE NEW RMW 7 SERIES. TAKING THE LEAU. TO M s»,us MM BMW. M. our iSSSSS SSS to look under the hood. The new BMW 7 Series. For everyone w After all outstanding performance
      229 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The man who leaves a Golden trail
      909 11  -  HK film producer Raymond Chow has the Midas touch when it comes to taking a gamble, reports Diane Stormont Diane Stormont Reuter Hongkong movie mogul Raymond Chow is not averse to taking a bit of a gamble. He took a chance with a
      Reuter  -  909 words
    • Article
      Eat and pay what you want at Hyatt Xmas fundraiser
      305 11 SHARITY elephant, eat your heart out. The Hyatt Regency hotel is on a charity drive that will no doubt appeal to Singaporeans where it matters most the stomach and the purse. Hyatt's Christmas fundraising effort this year is an "all
      305 words
    • Article, Illustration
      Lock icon How Santa became jolly
      790 13  -  Helen Smith looks at the menacing origins of today's Santa Claus Helen Smith Reuter BAT WAS the night before when all through the house not a creature was stirring, not even a mouse; the stockings were hung by the chimney with care when the door flew
      Reuter  -  790 words
    • Article, Illustration
      Lock icon Romano painting fetches a record £1.5m
      470 13 AFP AP AP AP THE Spinola Holy Family went under the hammer at Christie's last Friday for a record £1.5 million (553.4 million) about three times the amount it was estimated to fetch. Painted by Guilio Romano, a pupil of Italian Renaissance artist Raphael,
      AFP; AP  -  470 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      154 11 TION. unng a perfect "balance of power'.' 7 Series is a car that doesnt compromise between luxury and ance is matched by an unrivalled exhilaration. A car that gives you the best of both worlds. The new BMW 7 Series. For everyone who believes driving at the new 7 Series
      154 words
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      Page 11 Advertisements Column 2
      128 11 We provide shelf companies and incorporation services in ALL jurisdictions, including British Virgin Islands Cook Islands Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further
      128 words
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      1386 12 Nothing Beats ABucl. where to wine, dine and entertain OF FRESH PASTA bAI LY. j W From Pasta Fresco. The only restaurant to make its own specialty pasta. everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Posto Fr«jco Do Satvotor* Pt« ltd S® 30
      1,386 words
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      218 13 B fljg t 3 H :era I UJU'"»Ua Olde English Eating House pI 277 Orchard Rd #02-38 Specialists' Centre S (0923) I I $2= CBD PASS! 1 Mim When you spend $25/- or more at Fosters for lunch or afternoon tea from Mon-Sat, show us your valid daily or monthly
      218 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1016 13 TV RADIO In the crumbling Detroit of the future, the Omni Consumer f Products Company wants to J Hgn create better robot law enforc- I ers. with brains of drug dealers Vjk like Tom Noonan. Peter Wei- K ler deals with the plus politically correct pro- &yi Be.- ft gramming
      1,016 words
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      Page 14 Advertisements Column 1
      438 14 Presenting Previa. It's Everything You've A LWAYS Wa NTED. And More. There are some designs that once introduced, its midship under floor engine, it's the only to allow the cabin to be cooled quickly and are destined to forever change the way every- one with a floor layout without the
      438 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      HK property prices still rising
      812 15  -  Contrary to predictions, the Hongkong property market is still strong. Steve Vines reports Steve Vines IT WAS just like old times in Hongkong's upmarket Conduit Road as an overnight queue steadily grew. Joining the queue were potential flat buyers for a new luxury residential property
      812 words
    • Article
      Tax tips for investors in Australian real estate
      807 15 M ANY Singaporean investors are starting to look towards the Australian property market in search of good capital gains and regular rental income. While there are opportunities, there are also pitfalls for the unwary. This article will outline the \arious tax issues
      807 words
    • Article, Illustration
      CIDB aims for prefab level of 15-20% in construction work
      646 16  -  The statutory board debunks reservations about building technioue. and hopes to achieve its target in 10 years, reports Abdul Hadhi Abdul Hadhi SINGAPORE The Construction Industry Development Board (CIDB) aims to increase the level of prefabrication in the local industry
      646 words
    • Article
      Lock icon It's roam, roam on the range for many Americans: survey
      460 16 NYT NEARLY throe times as many Americans are transients with shallow roots only months old than homebodies who have lived in the same house for more than three decades, a new study shows. Overall, according to a Census Bureau analysis
      NYT  -  460 words
    • Article
      PROPERTY WATCH
      183 16 Inf«4/> rA nm a a «>tt *>■><> o6f©cteo transactions in the past wook Source: ERA Realty Network jo**, i typ. |jsasii*»i"jrT^ PRIVATE Dec 5,1994 0821 Euro Asia Apt Condo3+1 1518 FH 795,000 523 Dec 5,1994 1544 Neptune Court Condo3+1 1270 99 590,000 464 Dec 6,1994 t 2159 Cavendish
      183 words
  • Page 15 Advertisements
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      24 15 NOTICES KONd 'O EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. VMOMMt f Business Times WE KNOW ASIA
      24 words
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      Page 15 Advertisements Column 2
      1149 15 THE CCMPAMES ACT, CAP. SO TAN ENG KENG CO. PTE LTD On Mamban VotaMry liquidator) At an Extraordinary General Meeting of TAGUS DESIGNS PRIVATE LIMITED duly convened and held at 65 Chulia Street #23-04, OCBC Centre. Singapore 0104 on Monday, the sth day of December 1994, the following special resolutions
      1,149 words
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      148 16 -sf 'W Em BSSSS^OTPViPPPPOT'V 111 l^Nice T °AtX Th G es f H C f{ VIPANION I I S3gl| n an industry that truly understands the meaning system provides mobility at work, making it the j> 8 I of quality service, communication is everything. essential business tool. Our COMPANION I^
      148 words
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  • SPORTS
    • Article, Illustration
      Lock icon Davis Cup romantic Larsson beats world's top two
      548 17 Reuter MUNICH. Germany In today's tennis world where appearance money and tournament schedules rule. Magnus Larsson may be one of a dying species a Davis Cup romantic. But his defeat of Pete Sampras with awesome serving power in Sunday's final of the
      Reuter  -  548 words
    • Article, Illustration
      Lock icon Stars and Stripes in cover-up job
      59 17 Reuter TOKYO US sumo wrestlers bowing after losing their final in the team event of the \\orld Amateur Sumo Championship at Tokyo's Ryogoku sumo arena on Sunday. Pulotu Sione (centre) was covering his waist with the Stars and Stripes as his sumo wrestler belt
      Reuter  -  59 words
    • Article
      Lock icon Bills in danger of losing it
      534 17 UPI NEW YORK The Buffalo Bills' long run at the top of the AFC now hangs by the narrowest of threads. Waiting in the wings to cut that thread, and perhaps become the Bills' surprise successor as conference champions, are the New England Patriots.
      UPI  -  534 words
    • Article, Illustration
      Asian golfers to showcase talents in Johnnie Walker Classic
      672 17 Golf HONGKONG Asia's top professional golfers will be aiming for fame and fortune in the region's premier golf event, the Johnnie Walker Classic. The fifth staging of the Johnnie Walker Classic will take place at The Orchard Golf and Country Club
      672 words
    • SIDE LINES
      • Article
        Lock icon Floyd, Eichelberger win
        123 17 Router LA QUI NT A, California The Senior PGA team of Raymond Floyd and Dave Eichelberger won their division in the finals ol the inaugural Diners C'luh Matches on Sunday by beating Jack Nicklaus and Arnold Palmer in sudden death. Floyd and Eichelberger beat Nicklaus and Palmer
        Router  -  123 words
      • Article
        Lock icon Marketing man for Sydney Olympics
        81 17 AFP SYDNEY Mai Hemmerling. the man who helped build the Adelaide Grand Prix into one of Formula One's most popular races, has been appointed marketing director of the Sydne* Organising Committee for the Olympic Games (Socog). it was announced yesterday. Socog executive president Gary Pemberton
        AFP  -  81 words
      • Article
        Lock icon Red and yellow cards for rugby
        117 17 Reuter LONDON Europe's top rugby union officials agreed on Sunday to the use of yellow and red cards, as in soccer, in this season's Five Nations championship. Bob Weighill. secretary of the Five Nations committee, said after a meeting: "The unions are all for
        Reuter  -  117 words
      • Article
        Lock icon Hill gets BBC award
        88 17 Reuter LONDON Formula One motor racing driver Damon Hill picked up one of Britain's top sports awards on Sunday. Hill was \oted the BBC Sports Personality of the Year, ahead of athletes Sally Ciunncll and Colin Jackson. He was presented the award by ex-middle-distance runner Chris
        Reuter  -  88 words
    • SCORE CARD
      • Article, Illustration
        American Football
        286 17 NEW YORK NFL Sunda>: Tampa Bav 24 LA Rams 14: Buffalo 17 Minnesota 21; Green Bay 40 Chicago 3; NY Giants 27 Cincinnati 20: New Lngland 28 Indianapolis 13; Pittsburgh 14 Philadelphia 3; LA Raiders 23 Denver 13; San Diego 15 San Francisco 38; Houston 14 Seattle 16;
        286 words
      • Article, Illustration
        Basketball
        160 17 NEW YORK NBA Sundav: Portland 93 Sacramento 88. Standings I. Pet GB) Eastern Conf. Atlantic Div I Orlando 15 3 .833 2 New York 11 6 .647 3V; 3 Boston 8 II .421 7V» 4 Washington 6 9 .400 5 Philadelphia 7 II .389 8 6 New Jersey 8
        160 words
    • Article
      Lock icon The Arnold Palmer success story
      664 17  -  By Robert Lipsyte NYT NEW YORK The Athletes' Revolt, which lost its ideology in the 1970s en route to the bank, has finally come back to golf, where the movement took off in 1959 when Arnold Palmer and Mark McCormack. founder of the International Management
      NYT  -  664 words
  • Page 17 Advertisements
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      74 17 THE FINEST COLLECTION OF HEALTH CENTRES IN SINGAPORE PARKVIEW -IMPERIAL NEW PARK VIEW imperial Hotel. 1 Jalan Rumbia. New Park Hotel 6th Level sth Fir, Royal Holiday Inn Holiday Inn Park View B1 -01 Singapore 0922 181 Kitchener Road. Crowne Plaza 25 Scotts Road, 11 Cavenagh Road, Tel: *****18/ *****19
      74 words
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  • Article
    The spirit of Miami
    483 18 EDITORIAL US PRESIDENT Bill Clinton and 33 other leaders from the western hemisphere eonvened in Miami at the weekend for their Summit of the Americas and, in a move that should be welcomed by all proponents of global free-trade, pledged to remove barriers to trade and
    483 words
  • WHAT THE OTHERS SAY
    • Article
      China's jitters over inflation
      376 18 AT AN annual rate of over 20 per cent, China's inflation is the nightmare of any economic planner. Add to it the memory of the 1989 Tiananmen bloodshed, which was sparked partly by the rampant price increases at that time, and one could understand why the
      376 words
    • Article
      Time is right for WTO
      145 18 THE decision to start up the World Trade Organisation (WTO) on Jan 1, 1995, is indeed the best way to begin the new year. The WTO will stand alongside the International Monetary Fund and the World Bank as the third pillar of a new world
      145 words
    • Article
      Boon for world economy
      99 18 THE European Union summit has agreed to adopt a new strategy towards Asia, reflecting the sense of urgency among its members to strengthen economic ties with the Asian countries. The decision to take part actively in the growth in Asia will benefit the EU as well
      99 words
    • Article
      Putting a brake on quick sales
      166 18 IT IS about time that something be done to curb the quick sale of equity stakes by owners of privatised projects who, having got the prized projects, are tempted to divest their interests hastily for a handsome premium. Obviously, there is no intention to
      166 words
    • Article
      High cost of illicit farming
      186 18 TROPICAL uplands are some of the most sensitive ecosystems on earth, and their denudation may have more than the visible large-scale effects of deforestation and erosion. But the latter have been bad enough. On top of the massive developments that have been blamed as the
      186 words
    • Article
      Campaign of fear
      117 18 LAST week, on the eighth annual World Aids Day, international communities came together to voice their anger and frustration over Aids, a disease that has brutally cut short the lives of so many people. Our notion of the disease has been distorted by the government's early campaigns
      117 words
  • Article, Illustration
    Arresting the decline in Japanese R&D capability
    893 18  -  Unless Tokyo increases its spending on research and development, Japanese manufacturing could lag behind that of the Asian NIEs. Anthony Rowley reports Anthony Rowley The writer is BT's Tokyo correspondent JAPAN fears that it is falling behind the other major economic powers in
    893 words
  • Page 18 Advertisements
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      87 18 I DECEMBER MlkißlJMßliM $4 •USINItt I Telecom: Buy, I I Sell or Hold? I H I How much I I J P* smaller can I I 1 flats getT I I Mixed signals I il ,nth hon,e I I b Those elusive I I Ni IHk emerging I I markets
      87 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      82 18 OH u- BU V YOUR USUFM-, N6S plcasg, ti i nrrr N LUHCH. vOC'LL VAFWC- I Bu r CHuc< IOCLV. U>CtU, CfcP>NSe.RRV w IN P> PfeV VoF sftLes.- s^uce., sp>g& \f (e>Re*D f?ous. H ONION STUFFING, fcPXeD cSlb v£ JtC" X Powocs, ,~n (S N J PfeßS. Q JT*' V,
      82 words
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  • ANALYSIS
    • Article, Illustration
      Big is beautiful for arms-makers
      1149 19  -  While the Americans are rushing to rationalise their weapons industries, the western Europeans, divided by their suspicions of each other, are limping along at best. Salil Sarkar reports Salil Sarkar The writer, a Paris-based journalist, contributed this article to BT THE French are overjoyed. They've
      1,149 words
    • Article, Illustration
      Lock icon The strain is telling on the US and Europe
      825 19  -  The disastrous CSCE summit and disagreements between Washington and its European allies are symptomatic of the fatigue affecting governments on both sides of the Atlantic, says Nicholas Doughty Nicholas Doughty Reuter WORN out by the war in Bosnia, troubled by old
      Reuter  -  825 words
    • Article, Illustration
      Lock icon A step towards the investment banking superleague
      1067 19 Investment banking is fast becoming a global business, as last week's merger talks between Britain's S G Warburg and America's Morgan Stanley show The Economist IS THIS the way of the future? On Dec 8. Morgan Stanley, an American investment bank, and SG
      The Economist; Source: Company reports,Datastream  -  1,067 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      89 19 i A BE YOUR OWN DEVELOPER IN WESTERN AUSTRALIA The first company to operate on a total integrated approach to real estate investment in Western Australia. Tel. (619) 381 3522 Fax: (619)381 3527 n 'Zm Everland assists in investment joint ventures Arranges housing investment loans "OiT rX Has its own
      89 words
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  • Article, Illustration
    Lock icon Japan, US settle row over flat glass; vehicle talks still stalled
    497 20 Reuter. Bloomberg Business News AP TOKYO The United States and Japan have settled a spat over Japan's flat glass market, but the two sides have yet to resume stalled talks on the vehicle trade, Japan's Trade Minister Ryutaro Hashimoto
    Reuter.; Bloomberg Business News; AP  -  497 words
  • Article
    Lock icon China vows to preserve HK system after 1997
    336 20 AFP HONGKONG After sparking strong protests in Hongkong, China sought to reassure foreign investors yesterday that it would preserve the territory's social and economic system after taking over the British colony in 1997. The official Xinhua news agency said Foreign Minister Qian
    AFP  -  336 words
  • Article
    Lock icon Japan unveils big shake-up in investment trust fund rules
    395 20 Knight-Ridder, Bloomberg Business News TOKYO Japan's Ministry of Finance yesterday announced a package of detailed deregulation steps for investment trust funds, this country's version of the mutual fund, through which it aims to bolster competition and lure individual investors back to
    Knight-Ridder,; Bloomberg Business News  -  395 words
  • Article
    Lock icon World economy recovering: Tietmeyer
    188 20 AFP BASEL. Switzerland The world eeonomy is recovering from the hard times of the last few years and there are no clouds on the horizon, the head of the Bundesbank Hans Tietmeyer said here on behalf of central bank governors yesterday. Speaking after the monthly meeting
    AFP  -  188 words
  • Article, Illustration
    One-China policy is Taiwan's only insurance
    883 20  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is a BT journalist IT IS just as well that Taiwan's main opposition Democratic Progressive Party (DPP) has decided to revise its party charter to something approaching convergence with the ruling Kuomintang. Its performance at
    883 words
  • Article
    Lock icon IBM halts shipments of Pentium-based PCs
    270 20 AFP. Reuter SOMERS. New York Computer giant IBM has stopped shipping computers fitted with the new generation Pentium microprocessor, two weeks after maker Intel acknowledged problems with it. IBM yesterday said it took the decision because its own tests showed that the risks of
    AFP.; Reuter  -  270 words
  • Article
    Lock icon Smith New Court, Kleinwort up on bid talk
    129 20 Reuter LONDON Shares in broker Smith New Court pic and Kleinwort Benson Group pic rose yesterday on a press report that they were the next likely bid targets following merger talks of SG Warburg and Morgan Stanley, market makers said. While the
    Reuter  -  129 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      41 20 r Nitsuko Digital Keyphone Systems Leading Edge Technology ~f, f FOR SALE BY TENDER 151 KG AM PAT, 5(1336) PRIME INDUSTRIAL LAND FOR REDEVELOPMENT JfcfP Knight Frank 222 1333 (JheongHockChve Baillieu u> U;,Hlcs #:(MH 1 iiuikiing Siiiiiapoiv OIOU a\: 224 5X4^
      41 words
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      Page 20 Advertisements Column 2
      34 20 p < Distributor: S !el: 21> 70S! far- ?7 fl 7 HQS Singapore Communications Equipment Co Pte Ltd T0 A i •10 /B B Qnlity Senict JLW Investment n^HnlS^n Jones Lang Wootton Tel: 220 3888
      34 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        45 21 Weak Market Mihhl' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment brokers polled Alliance, Baring, Daiwa. Fraser. G' K Goh, Kay llian. Nomura, Phillip. Smith New Court, WI Can and S G Warburg.
        45 words
      • Article, Illustration
        HOT STOCK
        123 21  -  By Quak Hiang Whai Neptune Orient Lines has lost nearly all its gains achieved in the bull run which started late last year. On the charts, the stock offers good trading opportunities. Daily and weekly Relative Strength Indices are below 25, indicating an oversold condition. Moreover, there is
        123 words
    • Article
      Cerebos Pacific weighs in with record $122m pre-tax
      494 21  -  Asia now accounts for two-thirds of profits, up from 30% a few years ago By Lee Han Shih SINGAPORE Riding on the strength of its Brand's Essence of Chicken and related products, listed food maker Cerebos Pacific has posted another record profit.
      494 words
    • Article
      Chemical Industries profit slips 27% on stiff competition
      205 21 SINGAPORE Chemical Industries (Fast East) Ltd yesterday reported a 27.9 per cent fall in after-tax profits to $2.1 million for the half year to Sep 30, compared with $2.9 million in the previous corresponding period. The company yesterday attributed the profit fall
      205 words
    • Article, Illustration
      Pidemco and LKN buy prime Shanghai site for US$100m
      249 21  -  By A J Leow SINGAPORE Pidemco Land and the Lim Kah Ngam group have paid US$lOO million (S$ 146.6 million) for a prime site in Shanghai, a stone's throw from the famous Bund. The project on a 5,000 sq m site
      249 words
    • Article
      Sky's the limit as going international looks set to pay off for Indon economy
      812 21  -  HOCK LOCK SIEW By Maggie Ford JAKARTA When B J Habibie, Indonesia's charismatic and controversial Minister of Research and Technology, floated the idea last year that state-owned companies should "go international" by listing their shares on
      812 words
    • Article
      ITE Electric says its IPO fully taken up, but no figures given
      301 21 SINGAPORE The initial public offer of shares by electrical products wholesaler and distributor ITE Electric Company has been fully subscribed, the company's chief executive officer, Sia Teek Mong. said. However, neither Mr Sia nor the float's lead manager.
      301 words
    • Article
      Inchcape sells contract division for $4.1m
      159 21 SINGAPORE Trading group Inchcape has sold its Inchcape Contract Manufacturing division to Uni-Strong Contract Manufacturing for $4.1 million. It is the latest of several sales by Inchcape. one of the biggest of which was the disposal of its timber business last year for $55.6
      159 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Wing Tai units win bid for HDB land
          61 22 SINGAPORE Wing Tai Holdings subsidiaries Wingem Investment Pte Ltd and Winprime Investment Pte Ltd have tendered successfully for Housing and Development Board land at Toa Pavoh, Lorong 1. The price at which the tender was accepted was 5132.5 million. The land, which
          61 words
        • Article
          Isetan names executive director
          24 22 SINGAPORE Isetan has appointed Gen Fukuhara as executive director, and has announced the resignation of Toshiaki Nakagawa as a director.
          24 words
        • Article
          Lock icon Medco unit offering 8m shares
          85 22 The Jakarta Post JAKARTA PT Grahamas Citrawisau.. a subsidiary of the Medco Group, will sell 8.75 million ordinar.. hares about half of its equity capital to the public next month to raise funds for a hotel in Bukittinggi. West Sumatra. The new shares, with a
          The Jakarta Post  -  85 words
        • Article
          Lock icon Chungco lands maintenance deal
          54 22 Bernama KUALA LUMPUR Chungco Technology Pte Ltd has been appointed as the exclusive third-party maintenance provider for all AST computers in Malaysia and Singapore. Under the agreement, Chungco Technology will undertake warranty, maintenance and repair activities through service centres in Malaysia and Singapore, AST Computer Services
          Bernama  -  54 words
        • Article
          Metroplex plans 364ha township
          66 22 METROPLEX Bhd plans to develop a small township on 364.2 ha beside its Legend Farmsteads project in Batang Kali, Selangor. The Slar newspaper said. Metroplex executive director Johari Low Abdullah said the purchase of the land had been completed and development could now proceed. Metroplex would
          66 words
        • Article
          Lock icon A & M forecasts M$25m profit
          65 22 A M forecasts M$25m profit Bernama KUALA LUMPUR A M Realty Bhd has forecast M 525.80 million (5514.8 million) in pre-tax profit for the year ending June 30, 1995. But after taking into account minority interests and pre-acquisition profit, the net pre-tax profit was forecast at MS 16.95 million. The
          Bernama  -  65 words
        • Article
          Lock icon Titan in M$738m refinancing deal
          63 22 Bernama KUALA LUMPUR The Titan Group yesterday signed agreements with Malayan Banking Bhd, Development Commercial Bank Bhd and Amanah Merchant Bank Bhd for two seven-year term loans totalling MS73B million. The two loans of M 5536 million and MS2O2 million are to refinance existing borrowings
          Bernama  -  63 words
      • Article
        Lock icon Technology-based board on KLSE mooted
        261 22 NST KUALA LUMPUR There is a need to set up a separate board on the Kuala Lumpur Stock Exchange (KLSE) to cater for young technology-based companies with growth potential in the country, Malaysian Technology Corporation Sdn Bhd (MTDC) chief executive Anuar Md Noor said on
        NST  -  261 words
      • Article
        Venture capitalists snap up Indon drug firm's bonds
        269 22 SINGAPORE Indonesian pharmaceutical company PT Supra Usadhatama has raised 26 billion rupiah (5519.11 million) through a convertible bond offering, with two venture capital firms picking up the bulk of the issue. Of the 26 billion rupiah bond issue. 12 billion rupiah has
        269 words
      • Article
        Renong set to seal US$300m Philippine toll-road deal
        324 22  -  From Al Labita in MANILA MALAYSIA'S Renong Overseas Bhd was in the process of finalising a US$3OO million (SS4SO million) toll-road project in the Philippines, an executive of the company's financial adviser said yesterday. Exchange Capital Corp managing director Luis Virata said
        324 words
      • Article, Illustration
        CCL revs up Vietnam push with 35% stake in Autostar
        272 22  -  By Juliette Walker SINGAPORE Locally-listed Cyclc Carriage Ltd (CCL) has accelerated its move into Vietnam's fast-growing automotive market by taking a 35 per cent stake in Autostar. a subsidiary of Hongkong's Peregrine group. Autostar, incorporated in the British Virgin Islands,
        272 words
      • Article
        Khong Guan to buy 80% Tat Sang stake
        304 22 KHONG GUAN Holdings Malaysia Bhd was expected to pay between MS3O million (5517.2 million) and MS4O million for its proposed acquisition of 80 per cent stake in Tat Sang Industries Sdn Bhd. according to The Star. "The figure was close to current
        304 words
      • Article
        Lock icon Maybank to reduce stake in Kwong Yik Bank
        231 22 MBT KUALA LUMPUR Malayan Banking Bhd's stake in Kwong Yik Bank Bhd (KYB) after the latter's flotation will be reduced from 98.2 per cent to 75 per cent and further to 72.5 per cent upon exercise of all options under an employee
        MBT  -  231 words
      • Article
        Lock icon Berjaya expected to own 46% of Intiplus after restructure
        262 22 MBT KUALA LUMPUR Berjava Group Berhad is expected to have 46.12 per cent equity in Intiplus Bhd after the full implementation of the reconstruction scheme of Tropical Veneer Company Bhd (TVC), thus making Intiplus an associated company of Berjaya Group. Berjaya
        MBT  -  262 words
      • Article
        Lock icon Manila stock exchange official under close guard after kidnap bids
        273 22 Reuter MANILA The Philippine Stock Exchange's chief enforcer has been put under close guard after three kidnap attempts believed to be linked to a crackdown on trading malpractices. A PSE official yesterday said three attempts had been made to abduct
        Reuter  -  273 words
      • Article
        Lock icon Ganz fetches 95% premium
        107 22 Bernama KUALA LUMPUR Ganz Technologies Bhd registered a 95 per cent or MS 1.80 premium over its offer price of M 51.90 upon entering the Kuala Lumpur Stock Exchange Second Board yesterday. After opening at M 53.70, the counter moved between Ms 3 and M 53.72
        Bernama  -  107 words
      • Article
        Untitled
        1448 22 Trlf t US Or Fund 092 0 95*d** STEL 75 163 UOB Asset Mft Ltd The Savings Fund 149 I S# Llnifund 1.35 IJ2 S pore Prog Fund 0.57 0.61 I nihund 1.04 1.065 S pore See Fund 0 91 0.97 United Gr Fund' 1.61 <* S'pore Invest Fund 1.12
        1,448 words
      • Article
        Lock icon Latest Chinese share offerings generate little enthusiasm
        489 23 Bloomberg Business News HONGKONG two Chinese companies offered shares to investors last week and found few takers. Oriental Metals (Holdings) Co. a Chinese-eontrolled trading company, yesterday said it sold only 59 per cent of the shares it offered. Harbin Power Equipment Co. China's
        Bloomberg Business News  -  489 words
      • Article, Illustration
        Lock icon Vietnam revs up local vehicle content
        66 23 Reuter HANOI V ietnamese technicians working on a Ma/da van at Vietnam Motors Corporation assembly plant in Hanoi yesterday. In a policy switch, V ietnam is opening up its market to big international automakers in return for pledges to boost local content of vehicles.
        Reuter  -  66 words
      • Article
        Lock icon Seapower's interim pre-tax profit falls 73% on increased competition
        194 23 Bloomberg Business News HONGKONG Cold storage. financial services and investment company Seapovver Resources International yesterday said its profit before tax and exceptional gains slumped 73 per cent in its fiscal first half ended Sep 30. The company said increased competition in
        Bloomberg Business News  -  194 words
      • Article
        Lock icon Matsushita games to use new PowerPC chip
        214 23 AP TOKYO Matsushita Electric Industrial Co. the world's largest consumer electronics maker, announced yesterday that it will use a new version of the PowerPC microprocessor in its next-generation 3DO video game machine. Current versions of the PowerPC chip, developed jointly by Apple Computer
        AP  -  214 words
      • Article
        Lock icon Aussie TV network pulls out of pay-TV group led by Optus Communications
        418 23 Bloomberg Business News SYDNEY Seven Network Ltd. one of three major TV broadcasters in Australia, said it is withdrawing from a paytelevision group led by privately owned phone carrier Optus Communications Pty Ltd. Seven said it isn't giving
        Bloomberg Business News  -  418 words
      • Article
        Lock icon Fund managers in Britain to cut US and European equities
        276 23 Reuter LONDON I k. fund managers intend to keep reducing their holdings of I S and European equities, while raising I k and Japanese exposure, according to Smith New Court's monthly survey of investment intentions. "In this month's survey, a
        Reuter  -  276 words
      • Article
        Lock icon Indian regulator's clarification may prompt more stock buys
        381 23 Bloomberg Business News Reuter BOMBAY Clarification by the Securities and Exchange Board of India of a rule on stock purchases could prompt more investors to sink money into shares, analysts say. Until recently, the rule, issued in 1980. was taken to mean
        Bloomberg Business News; Reuter  -  381 words
      • COMPANY BRIEFS
        • Article
          Lock icon Sony shareholder in US files suit
          92 23 Bloomberg Business News LOS ANCiLLLS l S shareholder ol' Sony Corp has tiled a suit here against the consumer electronics giant, the Asahi newspaper quoted Kvodo News Service as reporting. The shareholder claims damages for losses he had from holding Sony stock, which fell
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Five more stocks added to HSLRI
          74 23 Reuter lIONCikOMi HSI Services Ltd said five more Hang Seng index constituents would be included in the Hang Seng London Reference Index (HSLRI) from today. Ihe companies, newly quoted on SbAQ International, are Amoy Properties Ltd. Hang Seng Bank Ltd. Hongkong China Gas Co
          Reuter  -  74 words
        • Article
          Lock icon SKF plans joint venture in China
          75 23 AFP SI OCR HOLM Swedish industrial group SKL has signed an agreement with Shanghai Bearing Corporation (SBC) of China to begin a joint venture production of bearings in China. SKI announced yesterday. For Skh the investment would total about UN) million kronor million), it
          AFP  -  75 words
        • Article
          Lock icon Sun Hung Kai ups SHK Industries stake
          72 23 Reuter HONGKONG Sun Hung Kai Co Ltd has told the stock exchange it raised its stake in SHK Hongkong Industries Ltd to 28.5 1 per eent from 27.39 per cent. It now holds 426.60 million shares of SHK Hongkong Industries. Last week, tycoon
          Reuter  -  72 words
        • Article
          Lock icon Caterpillar launched in Vietnam
          60 23 Reuter HANOI Caterpillar Inc. the US heavy construction equipment giant, yesterday launched its Vietnam operations with the announced founding of a 1(K) per cent US-owned local company. V-'I RAC. Its majority shareholder is Anthony Salzman. an American businessman who came to Vietnam in 1992. when a
          Reuter  -  60 words
      • Article
        Lock icon NEC claims world's smallest electronic memory cell
        148 23 AFP TOKYO Japan's NEC Corp yesterday announced the development of the world's smallest electronic memory cell and plans to use the technology to produce one-gigabit dynamic random access (DRAM) chips within four years. The memory cell has an area of 0.375 square microns,
        AFP  -  148 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Affin Holdings plans to be a financial supermarket
        329 24 NST KUALA LUMPUR Affin Holdings Bhd is holding talks with several parties in the financial sector to turn the company into a financial supermarket. This includes opening an offshore financial centre in Labuan, acquiring a stock-brok-ing firm as well as venturing into
        NST  -  329 words
      • Article, Illustration
        Lock icon Indonesian palm oil traders see prices dipping on fears of govt intervention
        373 24 Reuter KUALA LUMPUR Palm oil traders in Indonesia say prices may edge down this week on continuing fears of possible market intervention by the Indonesian government while Malaysian and Singaporean markets will consolidate after recent sessions of choppy
        Reuter  -  373 words
      • Article
        Lock icon China delays rate subsidy announcement
        234 24 Reuter SHANGHAI The People's Bank of China, the central bank, failed to announce the monthly interest rate subsidy for long-term bank deposits scheduled on the 10th of each month, alarming Shanghai traders. The bank should have published the January 1995 subsidy for deposits of three
        Reuter  -  234 words
      • SMALL CHANGE
        • Article
          Lock icon Japan Eximbank's Eurobond issue
          70 24 AFP TOKYO The Export-Import Bank of Japan yesterday announced a US$3OO million (SS44I million) Eurobond issue lead managed by Bank of Tokyo Capital Markets Ltd, its first Eurodollar issue since May last year. The coupon on the 10-year issue, which is guaranteed by the Japanese government,
          AFP  -  70 words
        • Article
          Lock icon Dresdner to open Shenzhen branch
          80 24 Reuter HONGKONG Dresdner Bank AG will open its second China branch in Shenzhen in early 1995, said Meinhard Carstensen, a managing director of the bank. "In 1993, Dresdner Bank's Shanghai branch was the first German bank to open for business in China and that branch
          Reuter  -  80 words
        • Article
          Lock icon Hongkongßank's 3rd Pakistan branch
          81 24 AFP HONGKONG The Hongkong and Shanghai Banking Corp Ltd (Hongkongßank) announced yesterday the opening of a branch in Islamabad its third in Pakistan, after Karachi and Lahore. The bank, the main core business of HSBC group, said the new branch would initially concentrate on retail banking
          AFP  -  81 words
        • Article
          Lock icon Schroders eyed Smith New Court stake
          90 24 Reuter LONDON UK investment house Schroders pic approached corporate financier NM Rothschild three months ago for its 25 per cent stake in securities house Smith New Court pic. The Independent newspaper said on Sunday. Rothschild chairman Evelyn de Rothschild refused to sell and there
          Reuter  -  90 words
        • Article
          Lock icon S Korea bank to sell gold bars
          79 24 Knight-Ridder SEOUL Korea First Bank will begin selling gold bars imported by Lucky Metals Corp beginning in 1995, a bank spokesman said yesterday. The bank will sell 99.9 per cent pure gold in 14 different weights at 50 branches nationwide, said the spokesman.
          Knight-Ridder  -  79 words
      • Article
        Indonesia's Clipan taps market for US$78m loan
        181 24 SINGAPORE Clipan Finance Indonesia has raised US$7B million (Ssl 14 million) from the Singapore-based Asian dollar market through a two-year revolving credit facility. A group of 19 banks. 16 of them Singapore-based, will lend directly or issue standby letters of credit to Clipan
        181 words
      • Article
        Lock icon Vietnam appoints foreign banks to advise on debt
        205 24 Reuter HANOI Vietnam's central State Bank said it had appointed the Bank of Tokyo and Australia and New Zealand Banking Group (ANZ) as advisers on the restructuring of the country's medium and longterm commercial bank debt. An advisory committee comprising the two
        Reuter  -  205 words
      • Article
        Lock icon Fund Arms get SEC nod over Orange County bonds
        410 24 Bloomberg Business News WASHINGTON The Securities and Exchange Commission has said about a dozen fund companies have received permission to protect about 20 money market funds from investment losses related to the Orange County bankruptcy. The fund companies had requested approval
        Bloomberg Business News  -  410 words
      • Article
        Lock icon Oil prices flat but falls seen ahead
        323 24 ENERGY REPORT Reuter LONDON World oil prices were almost unchanged yesterday afternoon, but analysts said rising North Sea output and weak global demand for heating fuel could combine to flood the market by January. By 1648 GMT. world benchmark Brent Blend crude futures
        Reuter  -  323 words
      • Article
        Lock icon Currency Reports: London
        190 24 Reuter LONDON The dollar looked set for a featureless European session after drifting back from early highs above 1.58 marks on a report that US interest rates may not be raised until the new year. "Unless the US inflation numbers this week come in much higher than
        Reuter  -  190 words
      • Article, Illustration
        Untitled
        1647 24 IhmI? imlf laUuhlnl ufaimt S liip 14 Ira Jinx parlnrr\ Hum j mot 198! US$/S$ forward rates Noon Dec 12 Bid Offer 1-month 1.4637 I 4652 2-month 1.4625 ***** Vmonih 1 4615 1 4630 6-monlh 1.4562 1.4582 Sunnr Ot 'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        1,647 words
      • Article
        Lock icon New York
        97 24 AFP NEW YORK The dollar fell back against other major currencies in early New York trading yesterday in quiet trading ahead of publication later in the week of new US inflation figures. At 1430 GMT. the dollar was trading at 1.5755 marks, against 1.5770 on Friday, and at
        AFP  -  97 words
    • COMMODITIES & FUTURES
      • Article
        Eurodollars, Euroyen futures end flat
        1770 25 SIMEX REPORT SINGAPORE Simex Eurodollars and liuroycn futures ended Hal. Dealers said most Eurodollar market participants were sidelined ahead of the US producer price index today and consumer price index tomorrow. A dealer said he does not expect the market to react too sharply to
        1,770 words
      • Article
        Palm oil firms in cautious trading
        693 25 COMMODITY REPORTS Palm Oil CRUDE palm oil prices closed firmer yesterday following short-covering and speculative huving interest. I raders also attributed the rise to market talk of a Pakistani tender this week, hut trading remained cautious as players were uncertain ot the market's immediate
        693 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan nickel delivery premiums up
          65 25 TOKYO Premiums for delivery of nickel to Japan under long-term contracts in 1995 arc expected to nearlv double from 1994 levels once negotiations are completed in the next several weeks. For delivery to plants in Japan, domestic producers and importers are demanding 15-17 US cents
          65 words
        • Article
          Sumitomo won't lift copper output
          54 25 TOKYO Japan's Sumitomo Metal Mining Co is unlikely to increase production of copper before the end of February, despite improying demand and rising availability of company-owned concentrates. Although there's a scarcity of concentrates. Japan's copper smelters are reluctant to increase production in the near-term, despite
          54 words
        • Article
          Guangdong grain production up
          55 25 HONGKONG Chinas southern Guangdong proyince produced 16.6 million tonnes of grain this year, up 300.000 tonnes from 1993. the official Xinhua News Agency reported yesterday. An increase of 80.000 ha of grain-growing area this year, better seeds and more scientific growing methods contributed to the rise
          55 words
        • Article
          India's veg oil prices to remain weak
          55 25 NEW DELHI India's wholesale vegetable oil prices will continue to remain sluggish over the next few weeks because freshly harvested peanut and cottonseed crops are reaching the market. Traders rule out any sharp rise in wholesale vegetable oil prices in the next month
          55 words
        • Article
          Copper cathode more expensive
          64 25 SYDNEY MIM Holdings Ltd yesterday said it will raise its base copper cathode price by ASSO (SSS7) to A 53,950 a tonne, effective today. The price of standard copper rod also will rise by ASSO to AS4 212. A MIM official said the price increase the
          64 words
    • Article
      COMMODITY PRICES
      1469 25 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 9S 220 00 219.50 219 50 150 475 Feb 219.00 218 50 218 00 350 3550 Mar 217.50 215 50 217 00 350 2950
      1,469 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        989 26 -8.9 RENEWED uncertainty over interest rates sparked by stronger retail trading and commercial lending data yesterday dragged stocks down to a 17month closing low. The All Ordinaries Index slid 8.9 points to 1.842.0. The All Resources Index fell 13.7 to 1.206.0 and the All Industrials Index lost 3.5 to
        989 words
      • Article
        Manila
        484 26 12.17 Stock rose yesterday, and was saved from falling mainly by two index heavyweights. Petron Corp and the government-run Philippine National Bank. The PSE Index rose 12.17 to 2.619.83 points. Turnover was 1.79 billion shares valued at 833.16 million pesos. The market opened weak and was supported largely by
        484 words
      • Article
        Taipei
        575 26 -0.11 Stocks were barely changed in slow trade yesterday, with electricals posting the largest drop. The 394-issue Weighted Price Index fell 0. II to settle at 6,722.4 points. Turnover was 1.433 billion shares worth NT560.24 billion. The market fluctuated in a tight range between 6.763 and 6.710 points throughout
        575 words
      • Article
        Seoul
        366 26 +9.51 Shares rebounded yesterday, awashed with buying orders particularly for low-priced construction issues, brokers said. The Composite Price Index staged a 9.51-point gain to close at 1.042.78. with 43 million shares valued at 802.4 billion won. Rises outnumbered falls 557 to 336, with 97 counters unchanged. Some index-linked blue
        366 words
      • Article
        New Zealand
        347 26 •11.86 Stocks finished a lightly traded and dull session lower yesterday. Brokers said players are on hold waiting for today's Reserve Bank of New Zealand monetary policy statement and the interest rate changes at both the wholesale and retail level that will result from it. rhe NZSE-40 Capital
        347 words
      • Article
        Bombay
        164 26 -90.39 Share prices tumbled on the first trading day alter Prime Minister PV Narasimha Raos Congress party suflered a devastating defeat in state polls. The 30-share BSE Index fell 90.39 points to 3.877.48 on hectic selling. The 100-share National Index slumped 42.64 to close at 1.839.29. "Apart from some
        164 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        768 26 Britannia Funds Sterling »\h Bid < Wf« MmljpDqwul '*M00 1* »•<«> Mint lcisr> (nil lll»«0 Mim Mj\ income II ■*»»> O 444III I SS ash liwmnc Ptm Fund Ml«> 10 0M0 PSS TunJ 5 "•-Mil 5 «NW Mnlint Kquio E uio I'cit»i un o 4«-»: II 4-J J* i m
        768 words
      • Article
        London
        627 26 -33.9 THE Footsie fell to a 23week low amid concern that interest rates are poised to rise in Britain and the US, if economic reports this week show signs of rising prices. British economic reports yesterday showed increases In raw material costs and the price of goods leaving factories
        627 words
      • Article
        Paris
        144 26 -17.67 French shares lost the morning's gains as investors showed a distinct lack of interest in trading. Operators said few institutions wanted to take risks ahead of a battery of US data due today and tomorrow. Sentiment was also dampened by weaker domestic bonds, following European Commission President Jacques
        144 words
      • Article
        Frankfurt
        164 26 -21.18 German stocks fell amid concern that US economic news this week will show the economy is growing at rate fast enough for the Federal Reserve to raise interest rates to head off inflation. The DAX Index fell 21.18 points to 2.003.63 pulled down by car stocks. "The US
        164 words
      • Article
        Brussels
        145 26 -4.99 Belgian shares ended weaker. depressed by negative sentiment in other European stock markets and with hopes of a traditional end-of-year rally fading. "The market is oversold in certain areas especially in Bel-20 stocks and there arc a lot of short positions. but technically it's not good." said one
        145 words
      • Article
        Milan
        165 26 -313 Italian shares slumped as political uncertainty hammered sentiment and the lira's drop to a record low against the mark shook confidence more, traders said. The Mibtel Indedx closed down 313 points at year low of 9,265. "A lot of people are worried that nobody seems in command," said
        165 words
      • Article
        Amsterdam
        246 26 -1.83 Dutch shares yo-yoed in late trade as a weak Wall Street open pulled the index lower but a later Dow turnaround failed to help the Dutch market recover. The AEX Index closed 1.83 points lower at 404.49. Dealers said the unpredictability of an index sensitive only to foreign
        246 words
      • Article
        Stockholm
        107 26 •5.00 Swedish shares closed lower, weighed down by higher debt market yields and weak European bourses. Indices. however, ended far above their lowest levels. "The rise at the opening on Wall Street was enough to trigger buying." one broker said, although another attributed the upwards turn to pure coincidence.
        107 words
      • Article
        Zurich
        220 26 -13.2 Swiss shares ended a quiet day lower after early gains vanished when the dollar traded easier. ÜBS bearers led the market lower with dealers saying ÜBS was among the main sellers of its own bearer shares. ÜBS bearers, down 26 francs to 1.084. led the actives list. The
        220 words
      • Article
        Johannesburg
        311 26 *33.9 Shares finished at their lows for the day as early steady sentiment was eroded by weaker London shares and concern about Wall Street direction, dealers said. A lack of upward movement in gold was also seen depressing shares as the start of what was expected to be a
        311 words
      • Article
        Toronto
        277 26 +3.37 Stocks were narrowly mixed in early action but traders expect the mood to sour later in the day on bond and overseas market weakness. "The bond market was not acting well and London was going southbound like there was no tomorrow." one dealer said. US bonds fell in
        277 words
      • Article
        New York
        769 26 1.68 The Dow Jones Industrial Average, which edged up 5.38 points on Friday, was ahead 1.68 to 3.692.80 at 11am EST. The NYSE Composite Index was ahead 0.09 to 244.26, while Standard Poor's S(X)-stock Index was up 0.16 to 447.13. Declines edged advances 990-833 among the 2,603 issues
        769 words
    • Article, Illustration
      Lock icon HONGKONG
      2909 27 Bloomberg Business News HONGKONG Stocks, led by Swire Pacific and Henderson Land, fell for the fourth day yesterday as rising interest rates reduced earnings growth for property developers. "Property shares are getting hit today." said a broker. "There is general pessimism about the property market here." The Hang Seng
      Bloomberg Business News; Source: Bridge Info  -  2,909 words
    • Article, Illustration
      Lock icon CHINA
      535 27 CLSA THE H Index fell another 2.5 per cent yesterday on a thin turnover of HKS4S.B million. Dongfang Enclosed virtually unchanged on news that its counterpart. Harbin Power, had been barely subscribed. The Shanghai B market was quiet as turnover shrank 59 per cent to USS2.2 million. Narcissus and
      CLSA  -  535 words
    • Article, Illustration
      Lock icon TOKYO
      2525 27 Reuter TOKYO Stocks lost earlier gains and closed a little lower yesterday as small-lot selling hit cash prices in very thin trade. Brokers said bearishness in other Asian stock markets and a lack of buying by public funds also damaged sentiment. "Market sentiment has been cooled down due to
      Reuter; Source: Bridge Info  -  2,525 words
    • Article, Illustration
      Lock icon JAKARTA
      1138 27 Bloomberg Business News JAKARTA Stocks fell for a 12th day to their lowest level all year as concern about higher interest rates prompted investors to bail out of low-yielding shares in favour of bonds and other fixed-rate investments. "People are very nervous about interest rates, expecting the Federal Reserve
      Bloomberg Business News; Source: Bridge Info  -  1,138 words
    • Article
      CLOB INTERNATIONAL
      1893 28 <»r <■' l4<M .asl Vol Day |j«M Qucrfe Ui» !>»» V« M llixh t innp»n> S.k (Wl H*h i«» Bum Seller S Or S l»/t *™l MALAYSIAN STOCKS 19* .60 m MSB Mil' 245 cd 6 91 246 245 245 247 JO 29 0 4 .VI 206 105
      1,893 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall for eighth day on rate concerns
        6821 28 Bloomberg Business News KUALA LUMPUR Stocks fell for the eighth day yesterday, led by blue chips, on concerns that higher interest rates in the US would prompt investors to pull money out of the market. The Composite Index fell 15.49 points to
        Bloomberg Business News; Source: Bridge Info  -  6,821 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7980 29 MAIN BOARD Cr Gr M Wl |n| Vol Da> Ijwl Quote Di« Di« Md Net l«f \«g High Lo» (oaipan) Nik 000) High lo« Bu>rr Seller P'E Smil Price INDUSTRIAL AND COMMERCIAL 720* 417 ml s Acma 50c 432 unch 64 438 430 430 432 8 8 4.7 1.0 13
        7,980 words
      • Article, Illustration
        Lock icon STII dips below 2,100 support level in thin trade
        1913 30  -  By Quak Hiang Whai SINGAPORE The key indices on both sides of the Causeway failed to stay above psychological support levels yesterday but the downturn was marked by thin trade. Brokers said there was still little buying interest despite the falling
        Charts by Bridge Info; Source: Bloomberg  -  1,913 words
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      166 21 NEWS VALUE Two Thai companies seek primary listings in S'pore (pg I) Interest among retail investors likely to be low. Anwar: It is just a market undergoing correction (PK I) May slow but not reverse the downtrend. Asia-Pacific Breweries unit writes off NZsll4m (pg I) Write-ofT larger than forecast. But
      166 words
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      158 words
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      158 words
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      Page 25 Advertisements Column 2
      39 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies St Markets. Everyday.
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      80 words
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      77 words
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      288 30 O*ss?o'>'o=ss=u_> BUSINESS TIMES LIFESTYLE EfO! EXCLUSIVE \J CT ,5 5sS/^>astf *o ■flr ffIB m m |pB Score with fe pros at the 3S gB Johnnie Walker Classic Pi I l==j==j==ssssa If you can tell us the exact 3 TOP PRIZES HUB p s tonofiheB fba i fl the three pictures,
      288 words
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  • Shipping Times
    • Article
      Lock icon Sabah Shipyard launches 12,000-tonne load-out skidway
      266 31 Bernama KUALA LUMPUR Westmont Bhd's wholly-owned subsidiary Sabah Shipyard Sdn Bhd's new 12,000-tonne loadout skidway successfully carried out its maiden load-out when it skidded off a 2,100tonne offshore platform fabricated for Sarawak Shell at its Labuan shipyard. The skidway was specially built to transfer
      Bernama  -  266 words
    • Article
      Lock icon Weather hampers search for 22 sailors in N Atlantic
      396 31 Reuter NEW YORK A severe snowstorm in Nova Scotia disrupted the search on Sunday for 22 sailors still missing since their Ukrainian-flagged cargo ship sank in the North Atlantic. "We won't be able to do anything today because of snow, ice
      Reuter  -  396 words
    • Article
      Lock icon Caribbean sees active clean trading
      336 31 Knight-Ridder NEW YORK The tanker market gave the appearance of being very quiet last Friday, but brokers said "trading was hot and heavy today for clean vessels in the Caribbean holding Certificates of Financial Responsibility and able to lift clean cargoes". There was talk that
      Knight-Ridder  -  336 words
    • Article
      Lock icon Trade corridor proposed to save Canada's northern port
      410 31 Knight-Ridder WINNIPEG A report released last Friday shows how Canada's troubled port of Churchill on Hudson Bay could be saved by an "Arctic Bridge" between Murmansk, Russia, and Manitoba, according to Manitoba government officials. "The report has reaffirmed that Churchill offers a
      Knight-Ridder  -  410 words
    • Article
      Lock icon St Lawrence Seaway tolls unchanged
      44 31 Knight-Ridder WINNIPEG Canada's St Lawrence Seaway Authority last week announced that 1994 tariffs would be extended to cover the 1995 shipping season, the second consecutive year tolls have been held at 1993 levels, according to a news release. Knight-Ridder
      Knight-Ridder  -  44 words
    • Article, Illustration
      Lock icon Down and out
      49 31 AFP FINISTERRE, Spain The Spanish fishing boat Alza Muros lying on the shore of Astorde beach near here last week, after it was seized by the Spanish customs with about nine tonnes of hashish on board. Police arrested eight people on charges of drug trafficking. AFP
      AFP  -  49 words
    • Article
      DAILY FREIGHTS
      1083 32 THE Baltic Freight Index continued on its upward trend on Friday, increasing by a further 16 points to stand at 2,027 and rates for Panamax tonnage continued to firm. Shinwa is said to be on subjects with the 1987-built, 64.423-deadweight-tonne Artemis for a trip from the US Gulf
      1,083 words
    • Article
      TRANSPORT DIARY
      124 32 COURSES Title: Sea Transport (SDF 70%) Duration: Jan 11 '95 Apr 19 '95 Organiser Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Standard Trading Conditions (SDF 70%) Duration: Jan 17 '95 Mar 7 '95 Organiser Singapore Freight Forwarders Association
      124 words
    • Article, Illustration
      Lock icon Making ro-ro vessels safer
      889 33  -  In the aftermath of the Estonia tragedy, the question of roll-on roll-off safety has arisen again. Adrian Bascombe reports Adrian Bascombe Containerisation International IT HAS BEEN seven years since the Herald of Free Enterprise disaster. In that time, according to Lloyd's Register statistics, over 760 lives
      Containerisation International  -  889 words
    • Article
      THE SHIPPING GUIDE
      12346 40 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. LE6END PN: ship calls at Penang af-
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    • Article
      SHIPPING AGENTS
      3355 44 A A JLBC C ontainerline NY: Belsin Shpg Agencies Pie Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Ccmtr Line (PK/PN). Ad lira Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Vhrenkiel Liner Service: Kim Shpg St Trdg (S). Albatros Sea-Air Service:
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    • Article
      COURIER SERVICES
      288 44 Abacus C ouriers Td: 545-8011. Fax: 545-1898 Air Express I rat el Td: 533-5771. Fax: 535-6144 Airborne freight Corporation Tel: 542-8844 Fax: 542-3716 *****80. Ainwif) Worldwide Courier Td: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Citv-link International Tel: 344-3377. Fax: 345-6450 Cluster Link
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      AIR FORWARDERS
      1527 44 Abe* F x press Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aeroiink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air C argo Novo F.xpress Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666 Fax:
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      PORT CONDITIONS
      2568 45 ANGOLA <j Luanda: City and port quiet. No berthing delays to any class of ves- sel. 1 lijbito. Namibe: City and port qui- et. Cabinda: City and port quiet, crude oil terminal loading according to pro gramme. Sovo: Lombo and Palanca terminals operating according to programme. ARGENTINA San
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      CRUISE & FERRY SCHEDULES
      1204 45 CRUISE FERRY SCHEDULES CRUISE SHIPS A*r Dep Name of Vessel ETA K ID Ports of alls Port Agent Telephone No DECEMBER 13 13 Rcnaissancc I 1000 2000 Cruise to Nowhere Renaissance Cruises 222-3388 13 13 Langkapuri Star 1800 2200 Penang Jardine Shpg Agencies 224-1052 Aquarius 13 13 Seabourn Spirit 0800
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      TANKERS
      975 45 Dirty Fixtures/Enquiries for Dec 7-9 MIDEAST GULF/RED SEA Olympian Spirit 340 25/12 Mideast Gulf/UKC W4O Shell Rotterdam. Arcadia 330 20/12 Kharg/UKC W39 Red Sea W41.5 Exxon. Emma Maersk pc 265 15/12 Red Sea/S Korea W49.75 Ssangyong. Berge Forest 260 29/12 Mideast Gulf/South Africa W5O Total. Alexita pc 252 26/12
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        696 46 toui Voy No B«rtti Arrival Departure Juror 2 Port *5117, 113 atones* 13 12 2300 Btfar" 19/10 alongside 13 12/2300 £wts Diana B 117 alongside 1312/0515 Solder Marine 1 119 alongside 13 12 2300 &«t|e 118/19 alongside 1312/1200 Hriy 12 alongside 13 12/0300 fayang 350 94 114
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        CONTAINER SCHEDULES
        1632 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Balance Rsits Ship Voy No Etb/Btr Period From To From fc, Llta 0388 13/1300 1A 12/1500 12/1659 12 1900 v kS 148A 14/1500 1A 12/1500 12/1659 12 1900 2A 12/1700 13,0659
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        VERITAS BUNKER QUALITY REPORT
        609 46 Carbon Dec I Density Niter Rradue Ash Akanmm Sedroent tM/M EHM KG M*3 1 V/V "o MM -.MM PPM method BO/Cinat lirib Spec 125 991 10 15 0 010 30* 010* Spec G35 991 10 18 0 015 30* 010* Northern t *ope 180 Ave 980
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        COCKETT BUNKER MARKET REPORT
        976 46 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
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    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon United hopes for US-Thai air accord early next year
        350 48 Reuter FRANKFURT United Airlines said there was hope that a bilateral air accord between Thailand and the US could be signed early next year, Bernd Struck, director of United's German division said. Mr Struck, in an interview with Deutsche Lufthansa AG's
        Reuter  -  350 words
      • Article, Illustration
        Lock icon Philippine airports tighten security
        439 48 AFP MANILA The Philippines' two international airports said yesterday they were boosting security following a mid-air mystery blast on a Philippine Airlines (PAL) jet, and an official said they were checking a theory that firecrackers were involved. Philippine police are also checking the manifest for possible
        AFP; Reuter  -  439 words
      • Article
        Lock icon American Airlines and others suspend flights using ATR planes
        453 48 Bloomberg Business News CHICAGO American Airlines Inc, Continental Airlines Inc and Trans World Airlines Inc have suspended some commuter flights to comply with a government ban on flying Eu-ropean-made ATR aircraft in icy weather. AMR Corp's American Eagle unit, the largest
        Bloomberg Business News  -  453 words
      • Article
        Lock icon EC to raise more funds for transport plan
        334 48 Reuter ESSEN, Germany The European Commission (EC) is to propose raising some US$l.4 billion (Ss2 billion) in fresh revenue to finance a five-year transportation plan, finance commissioner Henning Christophersen said here last Friday. The European Union had already allocated US$2.7 billion for
        Reuter  -  334 words
      • Article
        INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
        678 48 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Lines 13 S Ahrcnkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line. The 9 5 Baiamindo 7 3
        678 words
      • LOG BOOK
        • Article
          Lock icon USAir seeks US$3b in concessions
          91 48 Bloomberg Business News WASHINGTON USAir Inc has boosted to US$3 billion (554.4 billion) from US$2.5 billion the amount of cuts in labour costs it is seeking from its three unions during the next five years, the Washington Post reported on Sunday. The Arlington. Virgin-ia-based airline
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Ford considers new Jaguar: paper
          61 48 Reuter HONGKONG Ford Motor Co is considering launching a new entry-level Jaguar priced well below U5553,000 (5577,910), and possibly based on Japanese-made Mazda cars, the Asian Wall Street Journal said. The motor maker has quietly begun testing the idea on focus groups in the US,
          Reuter  -  61 words
        • Article
          Lock icon More train services during holidays
          96 48 Bernama KUALA LUMPUR Keretapi Tanah Melayu (KTM) Berhad will operate four more services daily on the Kuala Lumpur-But-terworth and on the Singapore-Kuala Lumpur sectors to meet the extra demand for train seats during the Chinese New Year holidays on Jan 31 and Feb 1. An
          Bernama  -  96 words
        • Article
          Lock icon Pakistan seeks flights to Afghanistan
          71 48 Reuter ISLAMABAD Pakistan authorities said on Sunday they would seek permission from Afghanistan to begin flights to its western town of Herat and the southern town of Kandahar. A meeting of senior officials chaired by Interior Minister Naseerullah Babar decided to ask for permission for
          Reuter  -  71 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1415 48 nm eto nm n»_ Ate MiaM GA892 0255 GAS22 1935 GA974 2350 QF82 2050 Al-f'"llani GA893 1510 GA892 0255 KL837 1540 KL838 2335 SQ026 2355 Attww SQ348 2250 i Auckland NZ73 1425 SQ288 2045 SQ286 2035 NZ74 2235 iafcrahl GF148 0905 1 I S«fi BM21 1105
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      131 31 (westfalja\ separator; Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL OO@OOOO© gQOOOOOO LOGISTICS/DISTRIBUTION OPPORTUNITIES IN THE UK ACQUISITION JOINT VENTURE MERGER Could your organisation benefit from professional advice about the UK marketplace? Triangle Management Services (est 1984) provides independent specialist services to the European freight express, postal
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      Page 31 Advertisements Column 2
      287 31 Shorten. foeut&U time LONGBEACH OAKLAND Arriving every Friday ~Hotline 326Q23Q Making roll-on roll-off vessels safer, Page 3 United Airlines hopes for US-Thai air accord early next year, Back Page Index to shipping advertisers, Back Page NEW SAFARI SERVICE K-Line, Mitsui O.S.K. Lines, Nedlloyd Lines and Safmarine take pleasure in announcing
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      Page 32 Advertisements Column 1
      1940 32 Too*, IMPORT.... IMPORT..., I NORTH AMERICA] I OTHER DESTINATIONS I NORTH AMERICA I F'tiiifttffflr f TOEABTC<M«T»OI»THAIM«gAi«I>VICE MMOAEOWE CAUEOWA PQHW (OWCT WOOH WEtT CQAtT) KSSEL WW STOK LA OAK WX SEA |OM MOUSTOw| OK WT IEMCO OTT YESSEI STOK BUENOS Mtt MONTEMIEO MO OE lAMBO SANTOS «YA PAMMAGMA KMB/tW WO LOS
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      Page 33 Advertisements Column 1
      1310 33 Soreo*. %*x« j llt 7 f"T»""' !CFS CR NUMBER: 3242M*****C ANG {g;; TEL: (OUTWARD) p.QUDANG TEL; *****12 FAX: *****14 (OPNS) CUSTOMER SERVICE TEL. 32«91®2/3^269 1 JOHOR BAHRU TEL: 02-07-*****70 FAX: 02-07-*****99 "T "T™ T ~T KEPPEL DISTRIPARK BLK 513 #01-128 I »im »bm imtmn t« «»m IHHfHLT AM KIIAII T
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      Page 33 Advertisements Column 2
      561 33 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) FROM AUSTRALIA (EAST COABTjj wnv MI wc I" "scr k jro IO mm mos won/wr sn> m 4M mcs ai kt nc < •MMTMfT MS 14/12 IS/12 21/12 44/S1 FUMW BAT 4524 44/12 IVJ2 A TtMUtlt t45 It/12 24/12 24/12 45/41
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      Page 34 Advertisements Column 1
      629 34 ROAM LE SOUTH- PORT "~f ~"I"""1I VOY NO HAMBURG ANTWERP HAVRE AMPTON KELANG S PORE HKG KAO TVO SHI KOB NAG Sf NF iiTTi 24/ it 26/11 15/12 16/12 20/12 22/12 29/12 26/12 27/12 HOECHST EXPRESS 5771" 26/11 30/11 23/11 18n2_ _22/12 J**. J7n2_ JOM2 Tma 30/243" ~"29/T; 1/12 3/12
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      Page 34 Advertisements Column 2
      556 34 jggmmmmmK' IS pore P Kelang Loading for CELTIC 31/12 2/1 Rdm/Atw/UK/Nantes WORLD ARES 25/12 28/12 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia H Loading for ENERGETIC Dubai/Bahrain/Dam man/Kuwait SEA VENUS Hodeidan/Jeddah/Aqaba I Loads Singapore. E./W. Malaysia. Indonesia j I Loading for DONA V Los Angeles/New Orleans/ Charleston/Norfolk/Camden OCEAN EVER Los Angeles/New Orleans/
      556 words
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      Page 34 Advertisements Column 3
      1121 34 NORASIA I VSL/VOY SIN ALG BCL VAL HAM BRE ROT ANT FEL LHA NORASIA HONGKONG 9447 3 15/12 03/01 OS/01 07/01 07/01 01/01 09/01 10/01 12/01 12/01 NORASIA SHARIAH R 9450 3 21/12 10/01 13/01 14/01 14/01 15/01 IC/01 17/01 19/01 19/01 SI MOTIVATOR 451W 21/12 17/01 20/01 21/01 21/01
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      Page 35 Advertisements Column 1
      1190 35 K STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 JNEW GUINEA PACIFIC LINE jytuqgg <a service of china navigation co> DUE SAAS STRAITS VENIUNE V3OE Mu*J lib kl Port 14 Dec FCL, LCL CONTAINER ANO BNEAKSULK SERVICE TO PAPUA NEW OUNEA
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      Page 35 Advertisements Column 2
      2360 35 Singapore Agent: IJUKvfp HpyQ P&O Containers (Singapore Agencies) Pte Ltd A. 10 Hoc hiang Road. #07-01 Kcppcl lowers. Singapore 0208 First Class Connections WORLDWIDE SSfOX? PN <S 5 2 EXPORT IMPQRT WO¥ •MMt 'HQ HI SOU ANT NOT MAM OOT ME LCM VESSEL VOV ZEE 00 T HOT HAM ME
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      Page 36 Advertisements Column 1
      528 36 C?D JOINT VENTURE VaV SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA MSA SEPUIUH VOY 2MB 05 DEC SHANGHAI GREEN ERA VOY 3NB 2S DEC QWGOAO DASA SEPU.UH VOY 3NB 12 )AN XJNGANG tfCOCEMENT CALL P KEIANG IMDUCQBfT CALL MR, P.GUDANG. BELANAN. IG MAM WW ZHAIWIGANG UTAMA HARTA -tJ WEEKLY FULL
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      Page 36 Advertisements Column 2
      1180 36 <g) HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FWVSI SM IH HMI St* YW fOJ f« Wl ISN |UK HMH SA* Ui NTC HANM OA* I*l# 02K 16 12 DKCT VI C/l 7/1 HANW KUNSM 10* 1/12 M KWYOM 05tt 19/1 20/1 22
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      Page 36 Advertisements Column 3
      1276 36 d IH In jsr us me us pus kids w w no iu at hi *rc un mm mm n» m m am m I f tomi W #55 U/U m n 11/12 »/I2 22/12 K/12 »/12 27/12 21/12 25/12 30/12 11/1 24/1 21/1 27/1 0/2 7/2 1/2 9/2 10/2
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      Page 37 Advertisements Column 1
      2937 37 GULF WEEKLY EVERY FRIDAY I o'CMP Plttr" PTF ITn Fa> WMmA £w'liw 584i/$44 C»s«L«rj*ic ft/I: 4205*02 Ow»rat»m j [fSSKSTOSS" 1 IID :-^r; I OSS BM> Towmr 2 UCK N« CCSU lOHORC OFFICE: Fax: *****15 Fa*: *****66 I Simdw* 0106 flsr NO; M 2 *****0S X COSTAK AGENCIES IM) SON BHD.
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      Page 37 Advertisements Column 2
      1223 37 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND Ml PfN JOH SIN HKG MO IN Ktt »08 OSH KOI BUS AAN HAI I NC?4 11/12 iTT? TIT lb 16 1? ?0 W 2? 1? 7TT7 T s .ta KAG 26 12 21 1? 1? 3012 MAN HN ?0? NO/4 iTT? [TIT ITT? 1/
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      Page 38 Advertisements Column 1
      1317 38 w p v v nn w J| n .....vt.f I VESSEL VQY SIN JKT VESSEL VQY SIN PEN I WAN A BHUM 25«5~ w»d |Wl2 Sat h?/12_ THANA BHUM t9N Tin InPI Thu 15/12 K|| VESSEL VOY SIN BKK 1 ISRA BHUM 7»8 Fri 16/12 Wad 21/12 KOTA JADE JAOO2I
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      Page 38 Advertisements Column 2
      1224 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE T~ PORT KLANG I PEHANG VESSEL j VOT SM PKL VESSEL VOY SX PEH SEA LAUREL j44N 14 12 I WED) 16 12(fRI) MCC CONVEYOR 4002 13/12 (TUE) lfc/12 (fW) MM 555 16 12 iFBI>
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      Page 39 Advertisements Column 1
      917 39 Mmm ■Si afsssaflgl PACIFIC INTERNATIONAL LINES (PTE) LTD n SSSSSSSm K— 140 Cecil Street, #03-00 PIL Building. Singapore 0106. i ISSSSSSSS mm UmtKM cn no looeofczoooofc j LHiHwivwTwmnm^mmKnrTTnmmTTTm^^lH Wf 1 T I ■T|yl H |MN 3|l ■MOJ V .i ii ii.' 't VESSEL VOY SIN CMB JIB HOD JED AQJ
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      Page 39 Advertisements Column 2
      998 39 Il^K^laaal^ II VESSELS SM II HAVRE HAMBURC [HAMS ROIIERO AM ANIWERf 111 )lIE DHTDM HOM STII 11/01 mi is/01 10, 01 17/01 I II *111 ML TO A YO6W 27/12 U/OI 20 01 22 01 23/01 24/01 111 vail 0C VELA VO«N 05 01 25/01 27/01 21/01 30/01 31/01 II
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      Page 39 Advertisements Column 3
      620 39 BSA MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.Kit Pen P Gdf HP* AN V2O6W 15/17 Dec AVA VI3IW 18 20 Dec 21/23 Dec PAGAN V2I6W 27/29 Dec MALATSU AGENTS BOUSTEAD SMFMNG AGENCCS KUL Ttl 02 03-*****00 PKL TEL 02 03 36*6767 PEN TEI
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      Page 42 Advertisements Column 1
      1691 42 w mi I Iran mi!' I mmMj^^^KfiwJtrrs'irstmfmasam^ l J J° EURO Iww I Mo|Ht SPOtt LtH I HIM I HAM BRH j »1 WL STOW HK lUSAN KOBE »-ni WW WW__ ro MM 2444 13.12 31.12 0101 02.01 04 01 OYOI tl»0f» 1474 14 12 IS 12 1112 22 12
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      Page 42 Advertisements Column 2
      550 42 IBLABMN CONTAINER LINES, INC B^3sr'^- NEl "sasssr"^sssbss PENANQ: (04) *****6 BANGKOK (662) *****57 812JW1 P.KELANQ: (03)- *****77 JAKARTA: (21) *****07 SURABAYA. (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN J" 13/12 14/12 15/12 HKG/BKK/KEE/KHH Genoa/Barcelona/Marse«es 15/12 6/U 1//U 16/12 17/12 18/12 HKG/BKK/KEE/KHH G'burf/C'hagen/S'holm/OsK) 18/12 19/12 IV
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      Page 43 Advertisements Column 1
      151 43 TITIMAS SHIPPING \i TRADING SDN. BHD. KELANQ (03)*****55 (H/Liiw) Fax: 03-*****63 The MA 3X15 TISITA Imsas dot r ujm rqti«msnwnwSBK LiOßt I).M 11/12/* HMX, H IWWtU mm* im wum «BO«K,S»U laoso womk) anon h,n ivii/M mews/sou IHWWMKWH IM 11/13, M SMOMMI/TMMU/IWW WIU PINESEAS MARITIME PTE LTD *551 »t S**£ PKLG
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      Page 43 Advertisements Column 2
      78 43 <ft>SCHINDON SHIPPING PTE LTDI V 2 HAVELOCK ROAD. #08-02 APOLLO CENTRE. SIN 0105 TEL: *****20 Lin«6) FAX: *****36 TLX: R8 ***** BCHIN CR NO: **********0N BOOKING: LUI/JESSIE utauu* cfliwtinwm kmc to/w Ewofc FU (21) *****17 WESTBOUND vs. *i blu MM am hmi ami IBM 25/12 30/12 0-15/1 10/2 10/2 20/2
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      Page 43 Advertisements Column 3
      288 43 II VESSEL VOY SIN MAA SIN I I TIGtR BAY 124N 14-16/12 2128/12 0203/01 I TIGER SPEED 312N 18 19/12 24 30/12 04-06/01 I I TIGER ISIANO 125N 2122/12 27 03/01 08 09/01 I TIGER CAPE 012N 27 28/12 024)9/01 14-15/01 I TIGER BAY 126N 024)3/01 03-05/01 20 21/01 I
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      Page 43 Advertisements Column 4
      338 43 |°i DONGN AM A LINE EtRVtCE iTmTB/BI.W/IWC/BflW *sai <hb) hi oia rw k km niSMS Ml* 17/12 11/12 21/12 N/12 UMMC rtMO Ml* 20/12 22/12 2V12 2V12 02. (1 MOl IAJTUH Ml* 2V12 27/12 20/12 HOI 12/01 mm mi« oi/M oi/oi 04/01 oo.oi it 01 it 01 1 JJL ROUWD
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      Page 43 Advertisements Column 5
      384 43 IsjMncHnSrMMwnS!!^^ W TEL: *****33 (12 Line*) K FAX: *****15/*****03 lm TELEX: RS ***** RISHIP (3 Line#) {S=J CR NOj **********06 ACCEPTING FCL AND CONVENTIONAL Vhhl Voy ETA Loading For Spot* Abbay Worn 42W8 15/02 Mombasa. D|ibouti Assab. Massaoa Abbay Wonz 43W6 28/03 Mombasa D)iboutl Assab. Massawa H KKN HUM IMII
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      Page 47 Advertisements Column 1
      402 47 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [pNA ~Tp« PSD VESSELS VOY SN RTM WIT LEH HAM BREj Fa "u/Ii ***** imT h. challenger 313W 19/12 06/01 os/oi 07/01 os/01 oa/oi 10/01 21/ 2 23/ 2 24/12 H. PWtER 312W 26/12 13/01 15/01 14/01 15/01 15/0 17/0
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      Page 47 Advertisements Column 2
      391 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE t RORO CARRIER SPECIALIZE IN HEAVY UFT CARGO UPTO 120 TOWS RAMP CAPACITY UPTO 50 TONS VESSEL N! IMONG ft* coaac leaoer ao 13/12 ORCNT ROSE 2 15/12 JAIIMTA 17/12 SEMMANG 19/12 SURABAYA 20/12 UJUNG PMCAAG 21/12 TMUUNG PRIOR 1« 17/12 IJ/12 IAKMTA 21/12 COSMC
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      Page 47 Advertisements Column 3
      736 47 I VESSEL VOY |SW ETA/D LAX I OAK ICH DAL MEM/COl HOU NYC Ntj I GEORGE NASHNGTON BRPGE I3A 15/12/U/12 01/01 04/01 05/01 06/01 03/01 05/01 06/01 07/01 I ALLIGATOR PMOE _56A 22/12 /23/12 OS/01 10/01 11/01 12/01 12/01 12/01 13/01 13/01 I KMT HUDSON BRCGE W 28/12/30/12 15/01 17/01
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      303 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 1.3 L2 1.2 1.3 1.5 1.9 2.2 2.4 2.5 2.4 2.2 1.9 1.5 1.3 1.1 1.1 1.1 12 1.5
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