The Business Times, 21 December 1994

Microfilm: NL19754
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA(P) 194/12/94 Wednesday December 21 1994 WE KNOW ASIA 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 17 points at 2am
      104 1 Reuter NEW YORK A sell-ofT in shares of Microsoft, weakness in the bond market and an on-going response to last week's dynamic performance combined to keep Wall Street stocks trading lower at midday EST, analysts said. Microsoft, which topped the over-the-counter most active list,
      Reuter  -  104 words
  • Article
    MARKET SUMMARY
    166 1 Stock narfcet indices Tuesday Change STII 2,183.46 -1.73 KLSE Corap 966.19 +8.94 Nikkei 19,406.98 +136.13 Hang Seng 8,267.33 +88.99 SET Index 1,352.68 +14.90 Jakarta Comp 462.78 +3.39 CLSA China B 904.72 -7.67 Aust All Ord 1,898.6 -1.4 FTSE 100 3,058.1 +23.7 Tuesday Previous lpm EST close Dow Jones
    166 words
  • Article
    Goldtron venture in Russia gets nod to run phone lines
    498 1  -  By Conrad Raj SINGAPORE Electronics company Goldtron Ltd is moving into the lucrative and fast expanding field of infrastructure development via a telecommunications joint venture in the east Russian province of Primorsky. The company, which is the largest listed on
    498 words
  • Article
    Regional markets rise ahead of Fed meeting
    203 1 SINGAPORE Stock prices around the region closed generally higher yesterday but on low volume, indicating that many investors remained wary about yesterday's meeting on interest rates in the US. In Singapore, the Straits Times Industrials Index closed 1.73 points lower at 2.183.46, but
    203 words
  • Article
    All in the family as Star Cruise group bought by Genting Intl
    450 1  -  By Amy Baian SINGAPORE Luxembourglisted Genting international pic (GIPLC) is to acquire 100 per cent of the cruise operations and 50 per cent of the gaming operations of the Singaporebased Star Cruise Group of companies for US$244 million
    450 words
  • Article
    M'sian residential property prices likely to rise further, say valuers
    479 1  -  From Ruth Wong in KUALA LUMPUR PROPERTY valuers say Malaysian residential property prices are likely to continue on their upward trend next year despite criticism of developers and speculators by a senior government adviser for pushing house prices to "ridiculous"
    479 words
  • Article
    WBL makes its first profit in 3 years, thanks to property sales
    541 1  -  By Lee Han Shih SINGAPORE Riding on one-off income from property sales, listed WBL Corporation has turned in its first profit in three years. But it is still losing millions on its technology business. For the year ended
    541 words
  • Article
    Lock icon Fed unlikely to raise interest rates until early next year: analysts
    297 1 Reuter WASHINGTON The Federal Reserve met yesterday to consider increasing interest rates for the seventh time this year, but most analysts were betting it will hold off from acting rather than spoil the economy's Christmas cheer. The US central
    Reuter  -  297 words
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      216 1 r f :y A!.V u m oii a per o CONTENTS N(w Compan s S pore News 2 S pore* sia 19.20 Reponal News 3.4.5 Financial 23-24 World News 6.8 Future) M&rkcts Analyse 17 Oob/KLSE. SES 28 30 F (Mortal 16 Regional 25.26 Sports 11 World 27 TV/Lricstyle 13.14 Currencies
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      141 1 Regional Analysis: Pg n Rebuilding Palestine and Lebanon BUSINESS times LIFESTYLE SI V E Win a Manila trip to watch world's best golfers IF TEEING OFF with the masters seems inclusive of five-star accommodation and the like a good idea, take part in Business Times' chance to watch the world's
      141 words
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      5 1 Hock Ij&sSieffafg 1? DBS' /fe&n
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      124 1 Bottom Line: Pg is Hongkong's problems with reform 8 It 1 mmjmx j And Let 71 Years' Expertise Work For You S" If lip GR-2010 TRADE IN YOUR COPIER FOR UP TO «f 200 For enquiries call Jenny at HI TEL: 27f 9900 Singapore office SILKX SINGAPORE PTE LTD Blk
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      2 1 I—MUM Hgfgm
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon M2 grows 10.6% in October
        339 2  -  By Paul Leo THE chief measure of money supply, M 2, continued to grow strongly in October. The latest figures from the Monetary Authority of Singapore show M 2 grew 10.6 per cent to $90.33 billion year on year in October. Although this was down
        Source: MAS  -  339 words
    • Article
      Corrections & clarifications
      56 2 Corrections clarifications IN OUR ARTICLE on Monday headlined "S'pore-Thai venture to build Underwater World in Bangkok", we erred in saying that the Underwater World at Sentosa was designed and managed by an Australian associate of Alliance Technology. The Sentosa oceanarium is managed and owned by Underwater World Singapore Pte Ltd.
      56 words
    • Article, Illustration
      Manufacturing industry set to grow 13% this year: Yeo
      349 2  -  By Genevieve Cua THE manufacturing industry is expected to perform well this year, with a full-year growth of nearly 13 per cent, said Trade and Industry Minister Yeo Cheow Tong yesterday. That means a growth of roughly 12.8 per cent in
      349 words
    • Article, Illustration
      Planet Hollywood to open six restaurants in Asia next year
      421 2  -  By Juliette Walker PLANET Hollywood Asia will open six more theme restaurants in the region next year. The director of corporate development for Hotel Properties Ltd, Chris Lim, said yesterday the company aimed to open in Bangkok, Seoul, Sydney, Taipei
      421 words
    • Article
      Scheme for elderly takes in six more one-room blocks
      305 2  -  By Abdul Hadhi SIX more blocks of one-room flats have been added to the government's scheme to improve living conditions for the elderly. This follows favourable feedback on the pilot project, involving three blocks, undertaken by the Housing Development Board (HDB)
      305 words
    • Article
      IRAS axes employer tax form
      90 2 EMPLOYERS no longer need file Form E the Return of Employees' Remuneration from 1995, the inland Revenue Authority of Singapore said yesterday. Employers previously had to furnish Form E by March 31 each year. They must also complete Forms IRBA/C and BS, where applicable, for
      90 words
    • Article, Illustration
      Lock icon Marina Mandarin takes a bite at property market
      330 2  -  The units on offer are gingerbread houses built specially to raise funds for charity By A J Leow LOOKS like there is a new kid on the block in the local property market. It is the Marina Mandarin Singapore, which is starting
      Photo by Chris Loh  -  330 words
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      621 2 }'?~|=%%(+(~<'`\\}$`^(>"&>%@}>- You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery sen/ice.
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Jakarta to cut red tape in licensing procedures
      447 3 Reuter, AFP JAKARTA Indonesia, long criticised for excessive red tape, has vowed to streamline licensing procedures after riding a record wave of foreign investment approvals this year, the Antara news agency said yesterday. Industry Minister Tunky Ariwibowo, quoted by the official agency,
      Reuter,; AFP  -  447 words
    • Article
      Lock icon Strong manufacture, building growth boosts M'sia's GDP
      320 3 Reuter KUALA LUMPUR Malaysia's economy continued to show robust growth in the third quarter, with manufacturing and construction boosting gross domestic product, the central bank said. Deputy Prime Minister and Finance Minister Anwar Ibrahim said on Saturday night that the economy grew at
      Reuter  -  320 words
    • Article, Illustration
      Lock icon Watch the birdie
      53 3 AFP MANILA Birdlover Antonio de Dios talking to pairs of rare Hyacinth macaws in his sprawling Birds International Inc farm here on Monday. The farm, Asia's most advanced breeding and research centre accredited by the Convention in the International Trade of Endangered Species, is a sanctuary for
      AFP  -  53 words
    • Article
      Lock icon Bill to widen EPF's investment scope tabled
      105 3 Bernama KUALA LUMPUR Deputy Finance Minister Loke Yuen Yow yesterday tabled in the Dewan Rakyat the Employees Provident Fund (Amendment) Bill 1994 which seeks to widen EPFs scope of investments. The bill is aimed at widening the scope for investment in instruments of
      Bernama  -  105 words
    • Article
      Lock icon I won't let old power clique return: Chuan
      206 3 AFP BANGKOK Prime Minister Chuan Leekpai is stepping up his campaign against the "old power clique" in Thailand's military, while a former junta leader resigned in protest at "unfair" treatment by politicians. "As long as I am in this position, I will
      AFP  -  206 words
    • NOTE BOOK
      • Article
        Lock icon Chancellor Clarke to visit M'sia
        76 3 Reuter KUALA LUMPUR Britain's Chancellor of the Exchequer Kenneth Clarke will visit Malaysia between Dec 31 and Jan 5. He will be accompanied by a delegation of eight financiers, including the chief executive of the London Stock Exchange. Mr Clarke will travel on to Thailand
        Reuter  -  76 words
      • Article
        Lock icon KL wants action against Serb-backers
        64 3 AFP KUALA LUMPUR Malaysia offered yesterday to lead the world's Islamic nations to impose economic measures against backers of the Bosnian Serbs, modelled on its recent trade boycott of the British. Prime Minister Mahathir Mohamad, returning home from the recently concluded Organisation of Islamic Conference
        AFP  -  64 words
      • Article
        Lock icon Manila to ban plutonium shipment
        54 3 AFP MANILA The Philippines will not allow the passage of ships carrying highly radioactive and hazardous plutonium through its territory. Foreign Secretary Roberto Romulo said yesterday. Mr Romulo was reacting to reports that several shipments of highly radioactive vitrified nuclear waste are being planned between
        AFP  -  54 words
      • Article
        Lock icon Philippines confident of 6.5% growth
        79 3 AFP MANILA The Philippines' gross national product will grow by 6.5 per cent in 1995, with inflation averaging 6.5 per cent, Economic Planning Secretary Cielito Habito said yesterday. Mr Habito credited this to the flexibility granted by the International Monetary Fund in the setting of
        AFP  -  79 words
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      33 3 f- 1 Tr v.. i'.-.-;-,71 -kjv- -r. -*•">- m or n f I 1 v,-.. f > \3f I\ j^k have 850. because S M Motors 249 Alexandra Road. Singapore 0315 Tel 473 14K8 VOLVO
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  • CHINA/HONGKONG/TAIWAN
    • Article
      China retains place as 3rd largest investor in HK manufacturing
      365 4  -  From Lim Soon Neo in HONGKONG CHINA remained the third largest investor in Hongkong's manufacturing sector, with investment of HK.54.4 billion (SSB46 million) at the end of 1993, accounting for II per cent of total foreign investments. Japan remained the
      365 words
    • Article, Illustration
      Lock icon No honking please, we're driving by satellite
      34 4 Reuter TAIPEI A model demonstrating the use of a car satellite traffic direction device (Chinese version) at the 1994 Taipei Audio and Video Fair on Monday. Reuter
      Reuter  -  34 words
    • Article
      Lock icon China fails to rejoin Gatt by year-end but talks to carry on
      431 4 AFP. Reuter GENEVA China has failed in its efforts to rejoin the General Agreement on Tariffs and Trade (Gatt) before the end of this year, Chinese delegation head Long Yongtu said in Geneva yesterday. He said China had
      AFP.; Reuter  -  431 words
    • Article
      Lock icon Gore or Hillary may visit Beijing: officials
      269 4 NYT BEIJING The United States and China are discussing a visit to Beijing next year by Vice-President Al Gore or Hillary Clinton, as a "trial run" for a state visit by President Bill Clinton, Western officials here say. Mr Clinton has been reluctant
      NYT  -  269 words
    • Article
      Lock icon To collect a debt in China, kidnap someone first
      190 4 Reuter BEIJING Kidnapping has become the simplest, fastest and most effective method of collecting money owed to companies in parts of China and local authorities have been implicated, the Business Tribune said yesterday In Danyang city in Jiangsu province, 12 kidnappings
      Reuter  -  190 words
    • Article
      Lock icon Taiwan posts record export orders
      78 4 AFP TAIPEI Taiwan chalked up a record monthly high of US$B.6 billion (5512.6 billion) of business orders from abroad in November, an 18.43 per cent rise over the same period of last year, the Economics Ministry said yesterday. It added that November export orders also
      AFP  -  78 words
    • Article
      Lock icon Investment in China to be liberalised
      58 4 AFP TAIPEI Taiwan will further liberalise indirect commerce with China by authorising more investment in technology-intensive industries involving computer and monitor manufacturing on the mainland, officials said yesterday. The Economic Ministry will today add 132 industrial items to the list of approved indirect investments
      AFP  -  58 words
    • Article
      Lock icon Karaoke? More patriotic songs, please
      61 4 Bloomberg Business News BEIJING China has ordered the country's 200,000 karaoke song and dance halls to stock patriotic songs or turn off the microphones, the state-controlled China News Service reports. According to the Ministry of Culture, business permits will only be granted to those venues
      Bloomberg Business News  -  61 words
    • Article
      Lock icon HK growth next year put at 6%
      75 4 Reuter HONGKONG Hongkong's economic growth in 1995 will accelerate to 6 per cent, while inflation will rise 9 per cent, boosted mainly by the new airport project and international and China factors, the Bank of China predicted. It also said the 1994 growth
      Reuter  -  75 words
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      334 4 Christmas and new year Specials at The pan pacific hotel Singapore JUST LET YOURSELF GO 37TH FLOOR HAI TIEN LO Lunch and dinner set menu specials inclusive of novelties. From Sl6o.oofor two persons. Dec 24, 25, 31 &Jan 1. 4T H FLOOR SUMMER HOUSE f JCEYAKI JAPANESE RESTAURANT Steamboat and
      334 words
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  • REST OF ASIA
    • Article
      Lock icon S Korean firm in first deal with North since ban
      490 5 Reuter SEOUL South Korea's Ssangyong Group said yesterday it has agreed in principle to import cement from North Korea, the first direct NorthSouth deal since Seoul lifted a two-year business ban. A Ssangyong spokesman said the agreement was reached between
      Reuter  -  490 words
    • Article
      Lock icon Subcontractors in Japan hit by output shift
      208 5 AFP TOKYO Many Japanese small subcontractors have been hard hit by major manufacturers' shifting production bases to other Asian countries, according to a survey published yesterday by the Nihon Keizai Shimbun. Fully 47 per cent of the 833 small and middle-sized electrical. machinery
      AFP  -  208 words
    • ASIA NOTES
      • Article
        Lock icon Apec summit set to be held on Nov 19
        66 5 AFP TOKYO The Japanese cabinet will tomorrow adopt Nov 19 as the date for the informal summit between leaders of the Asia-Pa-cific Economic Cooperation (Apec) forum in Osaka next year, Jiji Press reported. The report said the third informal summit would
        AFP  -  66 words
      • Article
        Lock icon Sales down at Japanese stores
        72 5 AFP TOKYO Sales at Japanese department stores in November fell 0.1 per cent from a year earlier to 717.9 billion yen (S$ 10.47 billion) for the 33rd consecutive month, an industry association said yesterday. The announcement by the Japan Department Store Association covered sales at
        AFP  -  72 words
      • Article
        Lock icon S Korea to build Cebu power plant
        91 5 AP SEOUL South Korea's state-run Korea Electric Power Corp said yesterday it has agreed with a Philippine company to build a power plant in its first overseas power generating deal. Under the deal, KEPCO is to move facilities of two idle plants in
        AP  -  91 words
      • Article
        Lock icon NZ backs Japan for UN Council
        72 5 Reuter NEW YORK New Zealand Foreign Minister Don McKinnon expressed strong support on Monday for a permanent UN Security Council seat for Japan but hoped it would agree to serve without having a veto. At an informal meeting with reporters, mainly to discuss New
        Reuter  -  72 words
      • Article
        Lock icon Pledge to repay all foreign debt
        95 5 Reuter WELLING!ON The New Zealand government yesterday pledged to repay all of its net foreign debt, removing an irksome and embarrassing blight on its otherwise increasingly robust economy. Finance Minister Bill Birch announced the plan to repay the NZ$lO billion (559.3 billion) debt as
        Reuter  -  95 words
      • Article
        Lock icon Australian population is 17.8 million
        58 5 Bloomberg Business News CANBERRA Increases in the number of deaths in Australia grew at a faster pace than gains in the number of births in the year to June 30, the government said. The nation's population in the year rose 1.1 percent to 17.8 million,
        Bloomberg Business News  -  58 words
    • Article, Illustration
      Lock icon Fridge-henge
      50 5 Reuter HAMILTON, New Zealand A replica of Britain's famous Stonehenge monument built entirely from old refrigerators was unveiled by its designers (front left) Sean Burke, Adrian McGovern and Graeme Cairns on Monday here. The three built the replica in time for the mid-summer solstice festival later this week. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Aussie unions may bargain with bosses in non-union areas
      228 5 AP SYDNEY Employer groups were outraged yesterday over a federal arbitration board's ruling that businesses must negotiate with unions even in nonunionised work sites. Their criticism follows a ruling by the Australian Industrial Relations Commission on Monday requiring a Sydney company,
      AP  -  228 words
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      170 5 Jfr' -»t v *V; lA "Compax 1Q50", with the classic lQ5Os case design in 18K solid yellow or rose Gold is a limited edition model. Also available in a tachometer version. A classic of all time. Tke Ckronograpk "Compax 1950" from Universal Geneve faitkfully reproduced in tke original design of
      170 words
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  • THE WORLD
    • Article
      Lock icon Move to ask Sutherland to be caretaker head of WTO
      414 6 Time running out as Gatt members fail to achieve consensus on new chief IHT PARIS With member nations still unable to agree who will lead the new World Trade Organisation when it comes into existence on Jan 1. diplomats say
      IHT  -  414 words
    • WORLD WATCH
      • Article
        Lock icon Iraq denies embargo violation
        72 6 Reuter BAGHDAD Baghdad's most influential newspaper yesterday denied as a lie a US charge that Iraq was exporting oil with Iranian help in violation of UN sanctions imposed after its 1990 invasion of Kuwait. The US, in a letter earlier this month to a Security Council
        Reuter  -  72 words
      • Article
        Lock icon UK MPs vote for saner hours
        88 6 Reuter LONDON British members of parliament, prone to wrecked marriages and exhaustion which many put down to their odd working hours, voted on Monday very late at night to change them. The House of Commons approved a package of measures to cut down on
        Reuter  -  88 words
      • Article
        Lock icon German business confidence rising
        52 6 Bloomberg Business News MUNICH German business confidence has reached its highest level since March 1991, the IFO Institute said in its latest corporate survey. IFO said its business sentiment index for western Germany rose to 106.3 in November from 105.4 in October, the fourth straight monthly
        Bloomberg Business News  -  52 words
      • Article
        Lock icon Moderate quake in California
        29 6 Reuter GOLDEN, Colorado A moderate earthquake shook a small area of central California near the Pacific coast yesterday morning. the US Geological Survey said. Reuter
        Reuter  -  29 words
    • Article
      Lock icon Three German postal firms set up in move towards privatisation
      252 6 Bloomberg Business News COLOGNE. Germany Three separate divisions of the Ministry for Post and Telecommunications were incorporated yesterday in a first step towards what will be Germany's largest privatisation. Deutsche Telekom AG, Deutsche Post AG and Deutsche Postbank AG will
      Bloomberg Business News  -  252 words
    • Article, Illustration
      Lock icon Berlusconi to call for vote of confidence
      382 6 Reuter, AFP ROME Italian Prime Minister Silvio Berlusconi will call a parliamentary vote of confidence in his government, the Minister for Relations with Parliament Giuliano Ferrara said yesterday. Mr Ferrara told journalists that Mr Bcrlusconi would resign immediately if the government lost the
      Reuter,; AFP  -  382 words
    • Article
      Lock icon French manufacturing output falls but consumption rises
      188 6 AFP PARIS Mixed signals from French manufacturing industry and from consumers were published yesterday, showing a second monthly fall in output but a surge in household expenditure on manufactured goods. The Insee official statistical institute said that manufactured output had fallen by 0.5
      AFP  -  188 words
    • Article, Illustration
      Lock icon Clinton plans to reshape or abolish federal programmes
      559 8 NVT WASHINGTON President Clinton on Monday outlined plans to reshape, abolish or sell off scores of federal programmes as a first step towards financing his proposed tax breaks for the middle class and remaining competitive with the Republicans in the race to
      NVT  -  559 words
    • Article
      Lock icon Major will not cut taxes to win votes
      436 8 Doing so would upset current economic recovery, he says in interview Reuter LONDON British Prime Minister John Major has said he will not cut taxes earlier than economic conditions dictate just to boost his Conservative party's popularity. Mr Major said in an
      Reuter  -  436 words
    • Article, Illustration
      Lock icon Not at face value
      59 8 AFP LONDON An expert at British auction house Christie's yesterday displaying a set of 35 18th Century caned >egetableivory representations of the human face, depicting various conditions and afflictions. The set is due to be auctioned ofT in a sale of medical artifacts early next year
      AFP  -  59 words
    • Article
      Lock icon US, Japan, British steelmakers tie up in US$450m deal
      339 8 NYT NLW YORK In an indication of how the two sectors of the basic steel industry are converging. three integrated steel companies announced plans on Monday to build a USS4SO million (SS66O million) minimill in the United States. The new mill
      NYT  -  339 words
    • Article
      Lock icon Higher rates will push down housing starts, says forecast
      189 8 Reuter WASHINGTON Higher interest rates in 1995 are projected to put a damper on the housing industry, and housing starts could decline slightly to 1.37 million units from 1.4 million this year, the American Forest Paper Association said in its 1995
      Reuter  -  189 words
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      146 6 Express we the same aanaß^H/'~gjy'Lj| I shipping a customer's across NMViHIHIHIHIA. Ji-V *i teSilK quickly because it's light, if we delay his W f 1 flji-, y- < V«ip 'X" |lr: m course MMphAAI 4-k ifll^l^HH^H >W across Asia up to l ?'jß|! over 450 Federal Express aircraft '?l® iKr
      146 words
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      235 7 YOUR PULSE STARTS TO RACE. YOUR BLOOD PRESSURE BEGINS TO RISE. YOUR PALMS BEGIN TO SWEAT. AND THAT'S JUST LOOKING AT HER. P v EL I ->-/ !fi|E\ «gcjf V ~*^||Hp3^ V Hy From its aggressive-looking dropnose, The result? A ride quality that's excellent, and throughout its sensuously-curved body, A
      235 words
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      322 8 D M*ch el Hammer Who Should Attend Brilliant Founder of the Worldwide Rtentineerme Movement in Asia's most prestigious seminar of 1995 Chief Executive Officers 1 1 QtomN ,ro Marketing b Sales Customer Services •Consultancy T? rr\T TVfEED economies of.Asia are one of the most receptive LvEEINVj] JjL/lXll iVJ environments for
      322 words
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      213 9 We've just set the table. Hope you brought an appetite. for some the HmHIIHHiIiHHHIHIIHHIHHHHHIiIHHHHIHiHIHHHUHHHIHHE highest interest rates in town, that is. I CITI BAN KTI M E DEPOSIT I Especially now that we're offering even greater returns when I Local Time Deposit H 5550,000 and above I Citibank Local Deposit
      213 words
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  • WORLD FOCUS
    • Article
      Lock icon Growth in Asia may slow gradually
      433 10 OECD economic outlook Reuter HONGKONG The economic fire from Asia's dragons may cool slightly in coming years but will remain at a generally hot level, the Organisation for Economic Co-opera-tion and Development (OECD) said. In a report released in Paris yesterday, the think tank
      Reuter  -  433 words
    • Article
      Lock icon US economy should be able to avoid recession
      397 10 Reutcr WASHINGTON The Unit- j ed States looks set to experience slower economic growth < next year and in 1996, but the < world's biggest economy i should avoid recession, the Or- I ganisation for Economic Coop- < eration and Development i
      Reutcr  -  397 words
    • Article, Illustration
      Lock icon Japan to get back on the road to recovery within 12 months
      562 10 Reuter TOKYO Japan's economy will crawl back on to a full recovery track within a year and its external surplus will remain high in coming years, the Organisation for Economic Cooperation and Development (OECD) said yesterday. In a
      Reuter  -  562 words
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  • SPORTS
    • Article, Illustration
      Lock icon Els on course to be another Jack Nicklaus
      568 11 Golf AP MONTEGO BAY, Jamaica Nick Faldo has seen the look before, a domination so complete that a guy like Ernie Els can show up at a golf course and shoot whatever he wants. "It's a nice position," Faldo said. "He's in
      AP  -  568 words
    • Article
      Lock icon SPORT SHORTS
      177 11 AFP BEIJING Chinese sports officials yesterday announced competition bans ranging from six months to four years on 11 athletes who tested positive at the Hiroshima Asian Games in October. Seven swimmers, including world champions Yang Aihua and Lu Bin. were banned from all competition for two years, while
      AFP  -  177 words
    • Article, Illustration
      Lock icon American Football
      173 11 Reuter NEW ORLEANS Emmitt Smith scored a touchdown to help the Dallas Cowboys defeat the New Orleans Saints 24-16 on Monday, but the superstar running back later pulled a hamstring muscle that cast a cloud over the Cowboys' run to the playoffs. Smith capped a 16play, 74-yard drive
      Reuter  -  173 words
    • Article, Illustration
      Basketball
      197 11 NEW YORK NBA Monday: Chicago 63 Cleveland 77; Denver 104 Boston 85; Phoenix 113 Washington 102. Standings (W I. Pet GB) Eastern C'onf, Atlantic: I Orlando 17 5 .773 2 New York 12 9 .571 4'/ 2 3 Boston 10 14 .417 8 4 New Jersey 10 15 .400
      197 words
    • Article, Illustration
      Lock icon Cricket
      203 11 AFP TOOWOOMBA, Australia England beat Queensland by 37 runs on the final day of their fourday match on Tuesday. Scores: England 507 for six declared (M Gatting 203 not out, J Crawley 91, A Stewart 53 not out, G Gooch 50) and 236 for eight declared (J Crawley 63,
      AFP  -  203 words
    • Article, Illustration
      Golf
      137 11 LONDON South African Ernie Els completed a magnificent year with victory in the Johnnie Walker World Championship in Jamaica last weekend, lifting him into sixth position in the World rankings published here on Monday: I Nick Pricc (Zim) 21.19 pts 2 Greg Norman (Aust) 20.57 3 Nick Faldo (Eng)
      137 words
    • Article, Illustration
      Lock icon Tennis
      118 11 AP SYDNEY Jennifer Capriati and Martina Hingis have confirmed their entries for next month's New South Wales Open tennis championship. tournament officials said yesterday. Capriati, who is making a comeback after personal problems, and 14-year-old Hingis both will use the tournament to prepare for the Australian Open, which starts
      AP  -  118 words
  • Article, Illustration
    Lock icon Club loans player facing trial
    82 11 AFP GERMAN soccer player Maurizio Gaudino (shown in this May 1994 file photo), who faces up to 10 years in jail after admitting his part in a stolen car racket, has been loaned by his German team Eintracht Frankfurt to Manchester City for 500,000 Deutschemarks
    AFP  -  82 words
  • Article
    Lock icon Police set to nab 4 Pahang players in soccer graft probe
    472 11 Move follows arrest of 23 others over the past two weeks Reuter KUALA LUMPUR Police plan to arrest key soccer players in a huge corruption probe in Malaysia this week after picking up 23 others over the past two
    Reuter  -  472 words
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      292 11 irn ES^ Score with the pros at the 2P mm Johnnie Walker Classic ffHB a r¥V\rv yvTNTf ii ip |rnfißHßmrnß|] If you can tell us the exact Ivy! p|\ I position of the golf ball in the three pictures, you Single return-ticket (Business Class) to Manila, Philippines stand an excdlent
      292 words
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      1052 12 v j|A ■■RmA »i\ j H H IH H fijj n ivik I Lirn Kim San, Executive Chairman It has been another year of significant growth for the group. I am happy to report record group profit before tax of $403.1 million, an increase of $94.4 million or 30.6% over
      1,052 words
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  • LIFESTYLE
    • Article, Illustration
      War of roses for Crabtree & Evelyn
      624 13  - War of roses for Crabtree Evelyn UK maker of toiletries, fine foods is counting on the perfume Evelyn to work its magic with sales, says Tan Su Yen Tan Su Yen ONE MIGHT imagine that Crabtree Evelyn, London, the elegant makers of toiletries and fine foods, would be spared the
      624 words
    • Article
      The Asia-Pacific: a marketing conundrum
      350 13 SHOWY packaging works in Malaysia and citrus scents sell in Japan. Knowing your market, says Frederic Puech, Crabtree Evelyn sales marketing manager for the Asia-Pacific, means knowing their particular idiosyncrasies. The Japanese, for example, like their fragrances subtle. Light citrusy fragrances are the most popular.
      350 words
    • Article, Illustration
      Lock icon Natural Born Killers gets nod in UK
      376 13 CHATTERBOX" Reuter AP AP BRITONS were told on Monday they had government approval to see Natural Born Killers. a Hollywood film whose release was delayed by censors worried by its violence. The British Board of Film Classification, the country's cinema censors, said they
      Reuter; AP  -  376 words
    • Article
      Lock icon Hallmark plays its cards right
      751 14  -  Amy Lignitz talks about the informal laid-back office atmosphere that sparks creativity Amy Lignitz AP FORGET the neckties, suits and tidy work spaces. In the huge concrete Hallmark Cards office complex lies the unfettered world of greeting card writing. The dress code: sweaters, jeans and
      AP  -  751 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      255 13 SINGAPORE m Business Times WE KNOW ASIA HlDffiN WORKS GAME Are you familiar with stocks, unit trusts, commodities or currencies? From now to 29 December 1994, we will be running differed hidden word games. Take this challenge... and this slick remote control wall radio with sleep timer can be yours
      255 words
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      Page 13 Advertisements Column 2
      133 13 This announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue July 1994 THE TAIWAN EQUITY FUND, INC. (an investment company limited by shares established under the laws of Maryland and registered under the US
      133 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      146 14 CaU Si Catte SI *w jtt Cafe Caffe Christmas Celebration (24 25 Dec) I Lundi Dcner Set A elass of Italian Wine m Red: Zonin Mttoria il Paiaeio- Chianti" )f White Zonin "Frascatf r\ Penne with Asparagus cooked with Porrim Jr Choice of Main Course: a) Pot -gout steak with
      146 words
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      Page 14 Advertisements Column 2
      32 14 f JUST CALL x 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or looking for customers. Just give us a call. fit I CAT A 1
      32 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      1152 14 TV RADIO The Presidio, 8.30pm, TV 2 A high.lev el army unit is broken into, a cop gets killed, and 48Ste§ ink car chases follow. Scan Con- nery. Mark Harmon and Meg Ryan try to keep up in this military whodunnit. How the West was Won, 10pm, jjijSk \|fW> W
      1,152 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      752 15 hM Nothing Beats A Bud. M OF IM-IJLIM. 1111-lli gMMMM JL. l-i-l-l-L-'- Ji-.——lii-t CHRISTMAS MENU [jfrrdfr-Jh dfc- I^ll (Christmas Eve Dinner) <*>$60.00** PEE HEAD OSHUCHC IN KUAVBVk Appetizing sea-fresh oysters in sprinkles of lemon. 'Ify '< v«. COCKTAIL M GAMBERETTI v'vfvXil Vv* hawn Cocktail CRESKLLS Al FUNGHI MoUh-***tering mushroom crepes
      752 words
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      Page 15 Advertisements Column 2
      438 15 WHERE TO WINE, DINE AND ENTERTAIN I Come To Plaza Hotel jt>> ryn For A I lea rt -Warm i ng QVJ Family Christmas Studio jj. Pre-Christmas Eve M ,0, (23 Dec 94) a,~i Hirst drink: $20 Christmas New Year's Eve (24 31 Dec *94) First drink: $35 Fashion show
      438 words
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      Page 15 Advertisements Column 3
      459 15 [m I 3f>lh lloor CATCH THE RAT PACK IN THE ACT. See l)can Marlin", "I "rank Sinatra" and "Sammy Davis Jnr" perform at Ac! I. Foe reservations, please call 831 6262/3. Date: 23. 24 'lit December l'W4 Time: 11.00pm $4') nctt* 23 December 1994 $99 nett* 24 December 1994 $69
      459 words
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  • Article
    Financing infrastructure
    468 16 ffcprroßiAL A FAMILIAR complaint heard in the region these days is that hype is racing ahead of reality in the infrastructure business. While it has become fashionable for economists and policy-makers to present dazzling statistics about the region's projected infrastructure needs, project promoters and bankers grumble that little
    468 words
  • WHAT THE OTHERS SAY
    • Article
      New group of trend-setters
      368 16 FINANCE Minister Richard Hu was stating a realistic goal when he told a conference here, on financing growth and infrastructure development in Asia, that Singapore planned to become more active in recycling surplus funds from newly-industrialising economies (NIEs) to the region. Singapore's efforts can help build
      368 words
    • Article
      Blessing in disguise for Rao
      152 16 THE recent election defeat in three Indian states has moved the ruling Congress (1) party to do some soul searching. But after the central executive committee meeting, Prime Minister P V Narasimha Rao appeared to be more determined to ensure the success of his economic
      152 words
    • Article
      Need to groom local players
      166 16 THE soccer players who contributed to Singapore's victory in the Malaysia Cup tournament should be given higher salaries. Monetary rewards are a form of encouragement and play a part in keeping players away from corruption. To retain the Malaysia Cup, we need to groom new
      166 words
    • Article
      Wiped from the record
      106 16 ANYONE in Hongkong who went last week to the photographic exhibition commemorating the 10th anniversary of the signing of the Sino-British Joint Declaration would have found, had he or she been observant enough, that the image of Xu Jiatun, the former director of the New China
      106 words
    • Article
      A call for mercy
      163 16 THE idea of a United States helicopter accidentally straying into North Korea during a routine training mission on a clear winter morning is so far-fetched that even Hollywood might find it difficult to swallow. The Demilitarised Zone between North and South Korea is four kilometres wide
      163 words
    • Article
      Low expectations
      93 16 THE Dec 10 inauguration of Shinshinto, embracing more than 200 Diet members, is a memorable event in the modern history of Japanese politics, comparable in magnitude to the creation of the Liberal Democratic Party from a grand merger of conservative forces in 1955. For all this significance, public
      93 words
  • Article, Illustration
    Lock icon Budget dilemma for Murayama government
    972 16  -  With Japan's recovery still weak. Tokyo is faced with the need to maintain spending despite a fall in revenue and rising public debt. Anthony Rowley reports Anthony Rowley The writer is BT's Tokyo correspondent A CERTAIN amount of "creative accounting" has enabled Japan's Finance Ministry
    Reuter  -  972 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      143 16 Stainless steel, quartz movement, sapphire crystal, water-resistant to 30 meters, folding clasp. j m> 4^H m !m Baume Mercier Baume A Mercier Boutique and Service Centre: *01 01 Mandarin Shopping Arcade The Mandarin Singapore 333 Orchard Rd Singapore 0923 Tel 732 6831 Authorised Dealers: Changi Watch Gallery Tel 545 4947
      143 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      60 16 and pßoc&eos to Give, it ,SN T Mrs k,ss FuncnoNiHG exPeeT eye ova? X^ n iffis? c l lS2?» vp >— C WNK' v J I—l/ ft«UU- I POONESBURY GARRY TRUDEAU JLJ.IPONT WELL, excuse Me, MIKS.BUT I HOW LONG S€£.UHATThB WEH YOLTVB UVEP UMTH 50M&- HA/tVOU YEARS *6 KALG OtePOR.ALON6TIMe.irSA
      60 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Rebuilding decaying infrastructure
      1228 17  -  Business opportunities in Palestine and Lebanon EDMUND BLAIR EDMUND BLAIR The author is a staff writer of the London-based Middle East Economic Review. THE past 12 months have transformed the fortunes of the Palestinians. Since the historic signing of the declaration of principles in September 1993 between
      1,228 words
    • Article, Illustration
      Masterplan to guide Lebanon back to its former glory
      679 17  -  More than US$ 10b worth of projects could be awarded in the next five years. But foreign firms won't find it easy to enter the market, says Angus Hindley Angus Hindley The author is a senior staff writer of the Umdonlxiseti
      679 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      367 17 fFind out today if your hair aria scalp condition can benefitfiom this I' remarkable procedure. Call for a free professional examination today to see if your present hair and scalp condition can benefit from the amazing TOTAL HAIR RESTORATION procedure. It's real U^Y natural hair, it's everlasting, you can add
      367 words
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  • Article
    Lock icon US Oct trade deficit jumps as gap with Japan hits record
    460 18 Bloomberg Business News, AP WASHINGTON America's trade deficit jumped to US$lO.l4 billion (S$ 14.82 billion) in October as the country drew in a record level of imports and suffered the worst deficit with Japan in history. The October trade
    Bloomberg Business News,; AP  -  460 words
  • Article
    Lock icon Russian jets attack Grozny with rockets
    338 18 AP GROZNY, Russia Russian jets struck homes and military targets in the Chechen capital here with rockets yesterday, and Moscow said it had escalated its offensive in the breakaway southern republic. A Chechen spokesman claimed 120 people were killed in three overnight air raids
    AP  -  338 words
  • Article
    Lock icon Police shoot knife-wielding man outside White House
    243 18 Reuter WASHINGTON Police shot and critically wounded a man outside the White House yesterday after he brandished a knife at one of the officers, authorities and witnesses said. Secret Service spokesman Carl Meyers said a member of the US Park Police, which patrols
    Reuter  -  243 words
  • Article, Illustration
    Lock icon Fish protesters scale building
    52 18 AFP BRUSSELS Members of the environmental organisation Greenpeace hanging on to a giant banner after abseiling down the wall of the EU Berlaymount building here on Monday to protest against the use of driftnets. ELI fishery ministers were holding their talks in the Charlemagne building next
    AFP  -  52 words
  • Article
    Lock icon Intel to replace flawed chip free
    291 18 Bloomberg Business News AP SANIA CLARA, California Intel Corp has broadened its replacement policy for anyone with a Pentium processorbased computer and will replace the flawed chip free of charge, no questions asked. The move comes after mounting criticism over its handling of a
    Bloomberg Business News; AP  -  291 words
  • Article, Illustration
    A resignation highlights HK's problems with reforms
    674 18  -  The Bottom Line LIM SOON NEO LIM SOON NEO The writer is BT's Hongkong correspondent HONGKONG legislator Lau Chin Shek's shock announcement of resignation last week threw into sharp relief the role of the Legislative Council (Legco) in the colony in the dying
    674 words
  • Article
    Lock icon Rao accused of shielding corrupt ministers
    387 18 AFP NEW DELHI Indian opposition MPs yesterday launched scathing attacks on the government of Prime Minister PV Narasimha Rao for failing to take action against ministers implicated in a scries of corruption scandals. Opposition MPs, reacting to the release of a revised official report
    AFP  -  387 words
  • Article
    Lock icon De La Rue bids £682m for paper maker Portals
    320 18 AFP LONDON The British company De La Rue, the world's leading banknote printer, yesterday announced an agreed bid worth £682 million (SSI.6 billion) for the British company Portals which specialises in paper for banknotes and passports. The cash and paper offer
    AFP  -  320 words
  • Article
    Lock icon N Korea denies report it will free US pilot
    228 18 AFP, Reuter SEOUL North Korea will release the surviving pilot of a downed US helicopter if investigations prove the intrusion was the result of it straying off its flight route, a Pyongyang diplomat to the United Nations was quoted as saying
    AFP,; Reuter  -  228 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      57 18 AiA vf mm mm! M 9 Jr w w lv V m SHI i< 1 Tomorrow in Business Times rain no^.° n nTilßll \s\mm\smMs Esmggiziismizi camelot m Palais Renaissance DDI-01/04 Tel: 738 9862 KOI -35 Change Alley Tel: 535 8018 GENESIS CRYSTALS #01-01 OUB Centre Tel: 532 4510 1 Scotts
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      Page 18 Advertisements Column 2
      63 18 1 Now Available The definitive guide to I I WS?i w Singapore listed companies I Singapore *Nl IjH hi I 111 1 1111 1 rnTl^^B A Extensive ratios Earning forecasts Sector comparisons i Company segment results 1994 information No Other Book Has All These! To order phone feji BTCWTTHI THOMSONINPORMA-nON(SEASIA)
      63 words
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      Page 18 Advertisements Column 3
      4 18 Tomorrow in Business Tirr^s
      4 words
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  • COMPANIES & MARKETS
    • Article
      UOB eyes stockbroking, hotel businesses in Thailand
      446 19  -  From Loh Hui Yin in BANGKOK SINGAPORE'S United Overseas Bank has identified the stockbroking and hotel businesses as areas it plans to enter here, chairman Wee Cho Yaw said. Mr Wee said he had instructed UOL, the group's property and hotel arm, to
      446 words
    • Article
      ICB fails to bring Far Eastern Bank under its wing
      239 19 SINGAPORE The Industrial Commercial Bank has failed to take over unlisted Far Eastern Bank although it extended its offer three times. ICB, a listed member of the United Overseas Bank stable, announced yesterday that it only managed to secure 20.38
      239 words
    • Article, Illustration
      OUB buys A$36.6m building for its Aussie operations
      318 19  -  From Florence Chong in SYDNEY OVERSEAS Union Bank will pay A 536.6 million (5541.49 million) for a building in Australia's banking street Martin Place in Sydney to house its Australian operations. OUB's Australian branch finalised a deal to buy the 15level building
      318 words
    • Article
      More than 70% of Singmarine warrants converted
      159 19 SINGAPORE Diversified ship repair firm Singmarine Industries says 70.16 per cent of its warrants have been converted into shares. In a statement to the Stock Exchange of Singapore dated Dec 17, Singmarine said 38.17 million of the 54.4 million warrants were exercised after
      159 words
    • Article
      DBS breathes easier on Aspen Heights
      816 19  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE It has been a trying seven weeks, but the_suspense is over for DBS Land. Even if all the remaining units in its Aspen Heights condominium remain unsold, the listed property company stands to make a big
      816 words
    • Article
      All applicants for Oakwell Engineering shares receive portion
      306 19  -  By Claire Leow SINGAPORE All applicants for the Oakwell Engineering initial public ofTer got some if not all of the shares they sought, the company said yesterday. There were 15 million shares on offer at 46 cents apiece, with 4.2 million fully
      306 words
    • Article
      NatSteel alleges dumping by five Turkish mills
      142 19 SINGAPORE Nat Steel has lodged a complaint with the Ministry of Finance against five Turkish steel producers for allegedly dumping reinforcement bars here. In a statement yesterday, the local firm said the complaint involved three mills from Istanbul and two from Izmir. Nat
      142 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 19 Firm 'Market Mood' 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 than. Morgan Grenfell. OngCo, Nomura, Phillip, Smith New Court, W Carr and SG Warburg.
        47 words
      • Article, Illustration
        HOT STOCK
        108 19  -  By Quak Hiang Whai ALTHOUGH it has moved up in the last few sessions, Promet still looks like a good medium buy. The weekly charts look excellent with the 13-week RSI having touched the 25 level. Monthly RSI has also turned near the 25 mark, indicating possible trend
        108 words
    • COMPANIES
      • Article
        Lock icon Sateras heads consortium to make mini-cars in China
        483 20 MBT KUALA LUMPUR Two Malaysian companies Sateras Resources and an unnamed partner are heading a consortium to manufacture minicars in China. The consortium will provide technology as part of a deal which may see an annual production of up to 150,000 cars
        MBT  -  483 words
      • Article
        President of giant Ayala Corp passes the baton to son
        321 20  -  From Al Labita in MANILA THE Philippines' oldest homegrown conglomerate, the 160-year-old Ayala Corp. has announced a change in leadership following the retirement of the architect of its stellar growth. The company said yesterday Jaime Augusto Zobel de Ayala 11,
        321 words
      • Article
        Lock icon YTL to start Cambodian projects soon
        132 20 Bernama KUALA LUMPUR YTL Corp Bhd expects the construction of its power generation plants and hotel in Cambodia to kick off by next year, managing director Francis Yeoh Sock Ping said yesterday. He said the company was still negotiating with the relevant authorities on
        Bernama  -  132 words
      • Article, Illustration
        GP Batteries boosts interim profit 13.6% on record turnover of $139m
        307 20 SINGAPORE Main board listed GP Batteries International yesterday announced a 13.6 per cent increase in after-tax profit to SIO.I million for the half year to Sep 30. The company said the result was on a record 26.9 per cent
        307 words
      • Article
        Lock icon Two M'sian companies to merge steel operations in M$22m deal
        260 20 MBT KUALA LUMPUR Hong Leong Industries Bhd's (HLI) wholly owned subsidiary Brisk Steel Products Sdn Bhd (BSP) has entered into a conditional sale and purchase agreement with Southern Wire Industries (Malaysia) (SWI) to merge its steel products business with Southern
        MBT  -  260 words
      • Article
        Lock icon Brokers in Jakarta happy that a bad year is ending
        354 20 Reuter JAKARTA For Jakarta stock brokers, 1994 is a year they would like to forget. Buoyant after the Jakarta Stock Exchange ranked as one of the world's best performing markets in 1993, their hopes for a repeat showing foundered on
        Reuter  -  354 words
      • Article
        Sea View in venture to build Shanghai office block
        273 20 SINGAPORE Sea View Hotel said yesterday it would invest in a joint venture to develop a commercial office building in Shanghai's Huangpu District. The project will be Sea View's third in China. In June, the low-profile company said it would be
        273 words
      • COMPANY BRIEFS
        • Article
          Alexandra earnings fall 84%
          56 20 SINGAPORE Net earnings of Alexandra Holdings fell by 84.34 per cent in the interim period to $1,895 million due to lower profit on trading of shares eontributed by a subsidiary, the company said yesterday. Turnover was also lower than in the same period last year at
          56 words
        • Article
          Seksun adds to stake in Johor unit
          42 20 SINGAPORE Seksun Precision Engineering Ltd has subscribed for an extra 3 million new ordinary shares of Msl each at par in its wholly owned subsidiary, Seksun Technology (Johor) Sdn Bhd. This will be funded internally.
          42 words
        • Article
          CCL unit wins M$77m building deal
          35 20 SINGAPORE Cycle and Carriage Ltd's Malaysian subsidiary CCL (Weld) Properties Sdn Bhd has been awarded a Ms 77 million contract to build a 26-storey office block in Kuala Lumpur.
          35 words
        • Article
          Lock icon YHS (M) falls after sale plan fails
          71 20 Reuter KUALA LUMPUR Yeo Hiap Seng (Malaysia) Bhd shares ended the day at MSS7.3O, down 35 sen. after falling 60 sen or 7.8 per cent, to M 57.05 on news that major shareholder Yeo Hiap Seng Ltd of Singapore had terminated negotiations on
          Reuter  -  71 words
        • Article
          Lock icon Idris in Myanmar timber tie-up
          45 20 Reuter KUALA LUMPUR Idris Hydraulics said it had entered an agreement with Myanmar Timber Enterprise to set up a joint venture, Myanmar Idris Investment Ltd. to invest in the woodbased industry in Myanmar. Idris will hold 51 per cent. Reuter
          Reuter  -  45 words
      • Article
        UNIT TRUSTS & FUNDS
        586 20 UNIT TRUSTS FUNDS Managers' price* I)cc2l US <* Fund 0 94 0 97*d" Singapore Unit Trust U08 Asset Mgt Ltd The Commcree 1.61 1.70 Unifund 1.42 1.48 The Savings Fund 157 1.6ft I nihond 1.04 1.07 S'pore Prog Fund 0.60 0.64 United Cir Fund' 1.67 174 S'pore See Fund 0
        586 words
      • Article
        Lock icon Tokyo bourse relaxes listing rules for foreign companies
        532 21 Reuter TOKYO The Tokyo Stock Exchange (TSE) announced new listing requirements for foreign companies, aiming to lure Asian firms to trade their shares in Tokyo. "We had intended to relax the requirements to make them similar to those on the New York
        Reuter  -  532 words
      • Article
        Lock icon BP largest capitalised in London
        71 21 Bloomberg Business News TOKYO British Petroleum became the largest company on the London Stock Exchange in terms of market capitalisation yesterday, the Financial Times reported. It overtook British Telecom, which went ex-dividend. BP's market value is £23.167 billion (5552.63 billion). BP was one of the
        Bloomberg Business News  -  71 words
      • Article
        Lock icon Samsung offers 36-for-100 rights issue
        71 21 Reuter SEOUL Samsung Engineering and Construction Co Ltd, a unit of the Samsung Group, said it is offering a 36-for-100 rights issue as part of a plan to increase its share capital by 44.7 per cent. It will issue 55 mi'lion new shares, of which
        Reuter  -  71 words
      • Article
        Lock icon Daewoo in tin plate venture in China
        67 21 AP SEOUL Daewoo, a leading South Korean conglomerate, yesterday said it would build a joint-venture plant with two other firms to produce tin plates in China. Haikou Tin-Plate Co Ltd, to be built in Haikou, Hainan province, by early 1998, will produce 100,000
        AP  -  67 words
      • Article
        Lock icon Takeover of Macy's completed
        58 21 Bloomberg Business News NEW YORK Federated Department Stores Inc on Monday completed its acquisition of R H Macy Co, creating one of the nation's largest department store companies. The transaction brings an end to Macy's three-year trip through bankruptcy proceedings. A federal bankruptcy judge cleared the
        Bloomberg Business News  -  58 words
      • Article
        Lock icon Indian oil firm buys Exxon technology
        62 21 Bloomberg Business News BOMBAY Hindustan Petroleum Corp Ltd decided to buy Exxon Corp technology and the Esso brand name to make lubricants rather than start a joint venture with the giant US oil company, the Economic Times newspaper reported. India's second largest oil company,
        Bloomberg Business News  -  62 words
      • Article
        Lock icon Net profit at KPI up 23%
        73 21 Bloomberg Business News HONGKONG Fertiliser and agricultural product trader KPI Co Ltd yesterday said its net profit rose 23 per cent to HK$ 18.57 million (553.5 million) in the six months ended Sep 30, from HK515.12 million a year ago. In a statement to
        Bloomberg Business News  -  73 words
      • Article
        Lock icon Lehman calls Minmetals' counter claims ridiculous
        146 21 Reuter HONGKONG US investment bankers Lehman Brothers Holdings yesterday said counter-accusations against it by China's Minmetals group, which Lehman is suing, were "absolutely ridiculous". "Minmetals' response to our lawsuit betrays an active imagination, but absolutely no understanding of the relevant facts, which are supported
        Reuter  -  146 words
      • Article
        Lock icon Asian telecom firms need US$4b equity a year, says analyst
        242 21 Reuter HONGKONG Stock markets in Asia will be asked to find an extra US$4 billion (SSS.B billion) a year until the year 2000 to fund Asia's growing telecommunications needs, said Andrew Harrington, an analyst with Salomon Brothers. Mr Harrington said
        Reuter  -  242 words
      • Article, Illustration
        Lock icon Aussie bankrupts Bond, Skase bounce back
        368 21 Reuter SYDNEY Australia's bestknown failed tycoons Alan Bond and Christopher Skase are back in the headlines and may soon be back in business. "Bond bounces back", screamed the Sydney Morning Herald banner yesterday after he secured a deal that puts him one step away
        Reuter  -  368 words
      • Article
        Lock icon Smart money in the US going into ailing financial stocks
        465 22 Bloomberg Business News NEW YORK Some of the savvy investors in the US are plowing money into downtrodden financial stocks. Loews Corp chairman Laurence Tisch is buying Continental Corp. John Byrne, chairman of Fund American Enterprises Holdings Inc, is leading
        Bloomberg Business News  -  465 words
      • Article, Illustration
        Lock icon Mini mouse
        78 22 AFP TOKYO Japanese electronics manufacturer Seiko Epson unveiled the world's smallest robot yesterday. Called Nino, it is seen here dwarfed by a 100-yen coin. Nino is a light-sensing micro-robot measuring 10.3 mm long, B.smm wide, B.6mm tall, and weighing a mere 3.7 grams half the size of last
        AFP  -  78 words
      • Article
        Lock icon Chip-makers to survey world output
        131 22 AFP TOKYO About 50 of the world's top semiconductor makers are to join forces from next year to conduct a survey of world production capacity and actual output of silicon wafers, press reports said here yesterday. The chip-makers, including NEC Corp and Hitachi Ltd of
        AFP  -  131 words
      • Article
        Lock icon Mattel to cut 1,000 jobs despite another record year
        282 22 Los Angeles Times LOS ANGELES Toymaker Mattel Inc, winding up a robust holiday season that has propelled it towards a sixth consecutive year of record sales and earnings, announced plans on Monday for a US$7O million (S$ 102.34 million) global restructuring
        Los Angeles Times  -  282 words
      • Article
        Lock icon Nike posts 62% rise in quarterly earnings to US$84.9m
        529 22 First hike in over a year surprises Wall Street, sends Nike stock up U552.25 Reuter SEATTLE Athletic footwear and apparel company Nike Inc has reported a 62 per cent rise in earnings in the latest quarter its first increase in more
        Reuter  -  529 words
      • Article
        Lock icon GM's Oldsmobile division cuts 80 jobs in restructuring
        394 22 Bloomberg Business News LANSING, Michigan General Motors Corp's Oldsmobile division is cutting 14 per cent of its corporate staff as it eliminates four of 16 zone offices around the country. Under the plan, 80 job positions will be removed but there will
        Bloomberg Business News  -  394 words
    • FINANCE & COMMODITIES
      • Article
        Asia Insurance wins licence to operate in Vietnam
        316 23  -  By Soh Tiang Keng SINGAPORE Asia Insurance, one of the oldest homegrown insurance companies here, has received approval to act as an insurance representative in Vietnam. An Asia Insurance spokesman said yesterday the company had received a licence from Vietnamese authorities to
        316 words
      • Article
        Lock icon US$196m in securities sold for much needed cash
        392 23 Orange County crisis Bloomberg Business News SANTA ANA, California Orange County, California, has auctioned U*****.3 million (Ss2B7 million) in mortgage securities from its failing investment portfolio, the county's fourth securities sale designed to raise desperately needed cash. The county received bids totalling
        Bloomberg Business News  -  392 words
      • Article
        Lock icon Public schools the innocent victims, 30% of funds gone
        266 23 Reuter SACRAMENTO, California Orange County public schools will lose about 30 per cent of their funds, roughly US$3OO million (Ss44o million), as a result of the county's investment losses, a Department of Education official said. "The filing of bankruptcy by the
        Reuter  -  266 words
      • Article, Illustration
        Lock icon Guarantee for Arab-Malaysian Credit Bhd
        50 23 Renter KUALA LUMPUR Masahiro Kondo (right), general manager of Tokai Bank's labuan branch, and Abdul Latif Yahaya, managing director of Arab-Malaysian Credit Bhd, exchanging agreements at a loan signing ceremony here yesterday. lokai Bank is arranging a Mslso million (5585.6 million) guarantee for AMCB. Renter
        Renter  -  50 words
      • SMALL CHANGE
        • Article
          Lock icon Macquarie Bank to be listed
          69 23 Knight-Ridder SYDNEY Macquaric Bank Ltd will list on the Australian stock exchange, probably in late 1996, in a bid to improve liquidity of existing shares rather than acquire new capital, the bank said yesterday. The bank's current market capitalisation is As64l million (*****.6 million) and
          Knight-Ridder  -  69 words
        • Article
          Lock icon British domestic lending up £1.1b
          69 23 Bloomberg Business News LONDON Domestic lending by British banks rose £1.142 billion (552.6 billion) in November after adjusting for seasonal variations, the British Bankers' Association said yesterday. That's up from a revised £633 million rise in October. Lending to persons rose £953 million, compared with
          Bloomberg Business News  -  69 words
        • Article
          Lock icon German M3 up 6% in November
          73 23 Bloomberg Business News FRANKFURT German M 3 money supply rose at an annualised rate of 6 per cent, hitting the top of the Bundesbank's target range, the central bank said. It marks a slowdown from a growth rate of 6.8 per cent in October.
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Bonn to issue new 10-year bond
          67 23 Reuter FRANKFURT Terms for a new 10-year German government fixed interest rate bond will be set by a consortium of banks on Dec 28, the Bundesbank said as issuing agent for the government. The second tranche of the traditional New Year's bond will be
          Reuter  -  67 words
      • Article
        Lock icon Warburg revamping loss-making bond operations
        274 23 FT LONDON Investment bank SG Warburg has signalled a shake-up of its bond operations following the eollapse of its planned merger with Morgan Stanley by replacing the heads of its fixed interest and treasury division. It brought in David Burnett, the head of its UK
        FT  -  274 words
      • Article
        Lock icon Shell upbeat about Asian oil growth
        431 24 China's economic development and oil consumption will continue, says company official Reuter SINGAPORE Asia continues to be a region of growth in oil demand and no company can afford not to be in China, Peter Chen, chairman and chief executive of Shell companies in
        Reuter  -  431 words
      • Article
        Lock icon US insurance team heading for India to tap its huge middle class
        284 24 AP WASHINGTON America's insurance industry is opening a dialogue with Indian officials and business leaders in expectation of gaining rights to sell policies in the world's second most populous country. With its large middle class, strong industrial base,
        AP  -  284 words
      • Article
        Lock icon China to issue international bonds to finance Three Gorges plant
        451 24 Reuter BEIJING China will issue international bonds early next year to raise some of the $3 billion (554.4 billion) in foreign funds it needs to build the Three Gorges power plant that will dam the Yangtze River and alter the
        Reuter  -  451 words
      • Article, Illustration
        Lock icon New LME floor opens
        59 24 Reuter LONDON With the telephone as their best friend, London Metal Exchange traders got off to a busy start at their new premises on Monday. Chancellor of the Exchequer Kenneth Clarke officially opened the new premises, in the City of London, earlier in the day. The
        Reuter  -  59 words
      • Article
        Lock icon Higher prices set to boost Australia's metal exports
        228 24 AFP SYDNEY Global economic growth is increasing demand and prices for Australian mineral and energy exports, the Australian Bureau of Agricultural and Resource Economics (Abare) said yesterday. The commodities forecaster said minerals and~ energy export earnings were forecast to rise 2 per
        AFP  -  228 words
      • Article
        Lock icon N American gold companies to look abroad for projects next year
        416 24 Reuter TORONTO North American gold companies, after a lacklustre year, are likely to focus in 1995 on developing projects that will ensure their future growth, analysts say. Several giants in the industry, such as American Barrick Resources Corp and
        Reuter  -  416 words
      • Article
        Lock icon Saudi firm revives plans for additive plant
        248 24 Reuter DUBAI Private Saudi firm Alujain Corp has revived plans to produce the environmentally friendly petrol additive MTBE after the government made it clear it welcomed private investment in such projects. Alujain said it was undertaking a new market study on building the
        Reuter  -  248 words
      • Article
        Lock icon World oil prices tick higher but mild weather caps gains
        248 24 ENERGY REPORT Reuter LONDON World oil prices ticked higher yesterday as markets recovered some of the losses sustained since early September. The February North Sea Brent blend crude oil contract on London's International Petroleum Exchange went up 18 cents to
        Reuter  -  248 words
      • Article
        Lock icon LONDON
        188 24 Reuter Business slowed to a crawl at the European midsession with the dollar drifting sideways as players waited to see if the Federal Reserve would raise interest rates. The lira provided the only focus, driven down to new all-time lows against the mark by concern over the future of
        Reuter  -  188 words
      • Article
        Lock icon NEW YORK
        85 24 AFP The dollar dropped slightly against major currencies except the yen, with trading calm before the coming holidays. Gold gained US$3.lO at U*****.30 per ounce over its price on Monday. In mid-mornine trading, the dollar cost 1.5720 marks from 1.5733 late Monday and 100.25 yen from 100.15. In
        AFP  -  85 words
      • Article, Illustration
        Untitled
        1305 24 /rade-*etfhted index tubulated agamst S'pore'% lop 14 trading partners Base war HW.< USS/SS forward rates Noon Dec 20 s$ Bid Offer 1-month ***** ***** 2-month 1.4576 ***** 3-month 1.4564 ***** 6-month 1.4512 1.4532 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m n Ok 20 Singapore dollars to one unit
        1,305 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen firm in lacklustre trade
        1326 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures ended firm in dull trade, dealers said. They said sentiment for Eurodollars was firm ahead of the Federal Open Market Committee meeting last night as market participants did not expect the Fed to increase interest
        Reuter  -  1,326 words
      • Article
        Tokyo rubber recovers from early lows
        677 25 COMMODITY REPORTS Rubber TOKYO: Rubber futures edged higher on short-covering ahead of today's expiry after opening lower on profit-taking. Prices ranged from 0.9 yen per kg higher to 0.8 lower. Benchmark May ended 0.8 yen weaker at 143.6. Prices opened weaker on continued weak
        677 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Tokyo firm builds plant in China
          60 25 TOKYO Japan's Kinsho-Mataichi, a trading company affiliated with Mitsubishi, announced it has begun construction on a litharge plant in China, which will also produce refined lead. The new-ly-formed Shanghai Jingdao Chemical Industry Co will produce 10,000 tonnes of litharge used in the manufacture of
          60 words
        • Article
          Japanese paddy harvest at record level
          62 25 TOKYO The harvest from rice paddies per 10 acres stood at a record high in 1994 due to the fine weather, the farm minister told a cabinet meeting yesterday. Taichiro Okawara, Minister for Agriculture, Forestry and Fisheries, said crop from paddies per 10 acres
          62 words
        • Article
          Copper output up 5% in Australia
          113 25 SYDNEY Australian mine production of copper will increase nearly 5 per cent in 1994-95 (July- June) to 440,000 tonnes, the Australian Bureau ol Agricultural and Resource Economics said yesterday. In its latest quarterly commodities outlook, the government forecaster said Australia's production of refined copper
          113 words
        • Article
          Aussie beef exports to Japan slumps
          70 25 SYDNEY Australian beef exports to Japan an forecast to fall by 26,000 tonnes, or 9 per cent, in 1994-95 (July-June), the first substantial fall sinct 1981-82, according to the government's commodit> forecaster. The Australian Bureau of Agricultural and Resource Economics said the decline would
          70 words
      • Article
        COMMODITY PRICES
        1398 25 Rubber Dec 20 Singapore Commodity Exchango Physical Prices (futures dosing as at 5.30pm) wytn MiNri As at 12 neon (S cents/kg) RSS 1 Contract (S cents/kg) ck«c volume —2!5-2 2!i-25! Month High Low Sett (tonnes) Interest RSS 3 Jan 95 2I4.SO 2I5.50N RSS 4 Jan 95 209.25 2I0.2SN
        1,398 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        994 26 -1.4 A TENTATIVE bourse tracked Wall Street to a marginally lower close yesterday, although BHP managed to defy the trend. The All Ordinaries Index closed at 1,898.6, down 1.4 points. The All Industrials Index fell 7.3 to 2,754.9 and the All Resources Index rose 3.3 to 1,258.1. Turnover was
        994 words
      • Article
        Manila
        652 26 +16.78 Stocks rose 0.6 per cent yesterday, a development that analysts attributed to investors positioning themselves for 1995. The Composite Index rose 16.78 points to 2,740.04. Turnover was 1.46 billion shares valued at 2.37 billion pesos. An analyst noted that while there was a "gradual creepingup" of the market,
        652 words
      • Article
        Taipei
        591 26 -130.02 Shares plunged across the board, with banking and insurance suffering the largest drop. The 393-issue Weighted Price Index dropped 130.02 points to settle at 6,925.28. Turnover was 2.462 billion shares worth NTS 104.4 billion. The market opened slightly higher but steadily lost momentum to a low of 6,921
        591 words
      • Article
        Seoul
        431 26 -4.63 Stocks yesterday retreated for the third straight trading day. The Composite Price Index took a 4.63-point drubbing to close at 1,023.99, with falls outnumbering risers 497 to 343. Turnover was 36.5 million shares worth 800.6 billion won. The index was earlier boosted by rumours that mandatory deposits by
        431 words
      • Article
        New Zealand
        307 26 +3.11 Stocks closed marginally firmer on very heavy volume after large parcels in three of the leaders changed hands. The volume was just over NZ$l2O million with parcels of 10 million shares of Telecom and Brierley Investments transacted as well as a parcel of 5.5 million Fletcher Challenge.
        307 words
      • Article
        Bombay
        75 26 -10.24 Trapped in a pre-Christmas lull, share prices closed lower on thin trade volumes. "There were very few fresh buying commitments and everybody seems to have been hit by the traditional pre-Christmas lethargy," said a dealer. The 30-share BSE Index closed 10.24 points lower at 3,899.82 while the 100-share
        75 words
    • WORLD STOCK MARKETS
      • Article
        London
        817 26 +23.7 STOCKS rose for a third day amid a takeover bid for Portals by banknote printing company De La Rue and gains in bank shares. The FTSE-100 Index rose 23.7 points to 3,058.1, its highest level since Nov 30. Shares of Glaxo, HSBC Holdings and Wellcome led the advance.
        817 words
      • Article
        Paris
        172 26 -3.4 French stocks declined, following US shares lower, as investors awaited the outcome of the Federal Reserve's policy-making council meeting. "If the Fed increases rates it will be worse for the US equities market than for us, but we will follow in their wake," said a broker. A rate
        172 words
      • Article
        Frankfurt
        220 26 +0.23 German stocks rose, buoyed by lower-than-expected money supply figures which suggest the economy may be growing at a rate slow enough to encourage the Bundesbank to cut rates. "The M 3 figure helped the market to a mini-rally," said a trader. "It was a very positive surprise." Economists
        220 words
      • Article
        Brussels
        172 26 -6.36 Belgian shares ended lower after under performing other European bourses as sell- ing in selected blue chips pressured the Bel-20 index. Dealers expected the index to stay in its current 20-point range in the short term but said end-of-year purchases for balance sheet purposes were still possible next
        172 words
      • Article
        Stockholm
        112 26 1.36 Swedish shares closed slightly higher in slow and directionless trade and brokers had now given up any hopes of a year-end rally. Appliance maker Electrolux's B share rose four crowns to 379 which brokers said could mean it had hit a technical buying level. The OMX Index gained
        112 words
      • Article
        Zurich
        241 26 14.0 Swiss shares ended higher on low volumes. Dealers said technical factors and window dressing pushed prices higher. ÜBS bearers, 18 francs higher at 1,078, led the actives list. The share came off the year low with buying from ÜBS itself. The broad SPI Index closed up 5.65 to
        241 words
      • Article
        Johannesburg
        302 26 +24.6 South African shares continued earlier gains to end higher in thin trade, buoyed by improved sentiment about a firmer bullion price. The stronger financial rand continued to put a damper on overseas interest, said a dealer, but said relatively attractive dividend yields on gold shares helped push the
        302 words
      • Article
        Toronto
        273 26 1.23 Stocks edged higher in quiet early trading with buoyant gold issues the only feature. It's pretty quiet and it will probably stay that way for the rest of the week,' one Canadian stock trader said. The TSE-300 index rose 1.23 points to 4,137.98 on volume of 14.33 million
        273 words
      • Article
        New York
        676 26 -7.40 The Dow Jones Industrial Average, which retreated 16.49 points on Monday, was down 7.40 to 3,783.30 at I lam EST. The NYSE Composite Index was off 0.14 to 249.90. while Standard Poor's 500-stock Index was down 0.51 to 457.40. Declines overtook advances 943-858 among the 2,669 issues
        676 words
      • Article
        Milan
        137 26 138 Italian shares rose strongly through the session, foreigners returning to the market as they bet Prime Minister Silvio Berlusconi's besieged government will fall and be replaced by an institutional administration. The Mibtel Index climbed 138 points to close at 9,862. "Major players frankly can't wait for Berlusconi to
        137 words
      • Article
        Amsterdam
        271 26 -0.21 Dutch shares ended almost unchanged as dealers awaited the deliberations of the Federal Reserve Open Market Committee which was meeting to discuss US interest rate policy. But few dealers expected the FOMC to change rates and some said the meeting was just an excuse not to reopen trading
        271 words
      • Article
        Untitled
        574 26 Vienna Dk 20 \«rh AIM 2019 Bink Atniria PS W) I < A BV VZ MO -7 |]M -2 f lughalcn 4*0 2 I rn/ing <M>9 I I r>kjm 47* 6 M*hIm Hid V/ 911 -4 l»MVV/ 9I» 2 VA Icchnoiogic I07J 2 Veittcher JJ2 Vcrtxind Mi.r filfc I itwrNi,
        574 words
    • Article, Illustration
      Lock icon HONGKONG
      2944 27 Bloomberg Business News HONGKONG Stocks rose, led by banking shares, as investors expected the Federal Reserve's policy-making panel to decide against raising US interest rates at its meeting yesterday. "Nobody seriously believes there will be an interest rate rise tonight," said an analyst. Banking shares were helped by news
      Bloomberg Business News; Source: Bridge Info  -  2,944 words
    • Article, Illustration
      Lock icon CHINA
      593 27 CLSA TURNOVER in H shares declined 34 per cent yesterday to HKS9S million, as fund managers started their holidays. The index fell 0.5 per cent. Harbin Power was the most active stock for the second day, surging one per cent on volume of HK$45 million. The Shanghai B market
      CLSA  -  593 words
    • Article, Illustration
      Lock icon TOKYO
      2566 27 Bloomberg Business News TOKYO Stocks rose amid hopes that the struggle by some of Japan's leading financial institutions to work off non-perform-ing loans may be nearing an end. "The problems inside the banking industry are in the final stages," said a trader. "They are getting better." Shares of construction
      Bloomberg Business News; Source: Bridge Info  -  2,566 words
    • Article, Illustration
      Lock icon BANGKOK
      1798 27 Bloomberg Business News BANGKOK Stocks rose as investors overcame their worries about higher interest rates and bought brokerages and lenders they expect to prosper, analysts said. "Even if interest rates go up. the economy won't slow down much," said an analyst. The SET Composite Index rose 14.90 points to
      Bloomberg Business News; Source: Bridge Info  -  1,798 words
    • Article, Illustration
      Lock icon JAKARTA
      1131 27 Reuter JAKARTA Stocks closed higher yesterday on late local buying amid a weak performance by two newcomers. Garment maker Karwell made a lukewarm debut with its share price closing one point higher at 2,925 rupiah compared with its IPO of 2.900. But trading was active with almost four million
      Reuter; Source: Bridge Info  -  1,131 words
    • Article
      CLOB INTERNATIONAL
      2216 28 (jr Or iao4 lm Vol Day l-asl Quk IK» IM» \ld Vt M Cap IHgk lam —r*-) s Jc (WO) H«h la. H«i>rr Seller (>i P/K Ml MALAYSIAN STOCKS m 160 m AlSBSOc 212 cd M 42 320 2*7 210 212 JO 21 0 3 29 9 206
      2,216 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares rise a third day on strong economic data
        6480 28 Bloomberg Business News KUALA LUMPUR Stocks rose for a third day, on Saturday's news that the economy grew by 8.9 per cent in the third quarter compared to a year earlier, beating analysts' expectations of between 8 and 8.5 per cent
        Bloomberg Business News; Source: Bridge Info  -  6,480 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8347 29 1 MAIN BOARD Or lit M ttl l«HM list Vol l)a> IjM (>>lr IN* l>i> Id Net Cap \ig ll»Kb l ow (oaipoM) S«lr (HI) High li» B«>rr Nfllrr S C *»f S P/E Mini Krk* INDUSTRIAL AND COMMERCIAL 720* 417 5* m I 4 Vnu MX' 472 4 2*
        8,347 words
      • Article, Illustration
        Lock icon Share prices end mixed in quiet, thin trading
        1912 30  -  By R Sivanithy SINGAPORE A cautious overnight session on Wall Street translated into an equally quiet day in the local stock market yesterday, with prices closing broadly mixed in thin trading. The Straits Times Industrials Index, however, put on an uninspiring show,
        Charts by Bridge Info; Source: Bloomberg  -  1,912 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      280 19 NEWS VALUE Goldtron venture in Russia gets nod to run phone lines (pg I) Probably another case of "buy on rumours and sell on news". WBL makes its first profit in 3 years on property sales (pg I) Shareholders likely to remain cautious but little downside left as share price
      280 words
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      335 20 BU SINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74-1-1298 j Phatra Thanakit Public 1 I Company Limited 1 US$ 120,000,000 Floating Rate Notes due Dec 1997 I Notice is hereby given that the Rate of Interest I for the interest period from Dec 16, 1994 to June 16, 1995 i has
      335 words
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      Page 20 Advertisements Column 2
      40 20 BUY^ SELL/* FIND/ Classified ads make just about anything an easy sell. No matter what it is, you can always buy it, sell it or find it with the Classified. TOIL FREE K 1800-737-1166 S Call Today For Results Tomorrow.
      40 words
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      Page 20 Advertisements Column 3
      85 20 fp BANK OF COMMUNICATIONS USS7O,OOO,(MM) Floating Rate Notes due 1997 In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest pcri«>d December 20. 1994 to June 20. 1995 is 7.47X13% per annum. Interest payable on June 20. 1995 per Note of U*****,000
      85 words
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      117 21 LIKE TO GROW MONEY IN THE GARDEN? one of Australia's most respected investment houses, is soon to sell one hundred percent of the ordinary paid up shares in Tower Corporation |y' Pty Ltd. (Receiver and I Manager appointed) (in liquidation) (Administrator appointed) owner of The Garden. Western Australia's world-class office
      117 words
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      Page 21 Advertisements Column 2
      292 21 INRllline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The Sagittarius Fortune; Win Prizes! Entertainment News 8451 Juicy News Of JFK Jr. Al Pachino, Twiggy. Elizabeth Taylor A Shannen Doherty Ghost Stones 8452 New: A Driver's Story; Win Prizes! Children's Funland 8453 Sun Wukong Commits Crimes Face Facts
      292 words
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      Page 21 Advertisements Column 3
      23 21 1 It could only be the SINGAPORE Harriott HOTEL Opening early 1995 320 Orchard load Singapore 0923 Tel: 735 5100 Fai: 735 9100
      23 words
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      Page 22 Advertisements Column 1
      182 22 Admittedly, we don't make classic shoes like they used to. We make them more comfortable. HHHi OS" The Scholl Way. Only the best in materials and comfort technology —«Hee< curve IMPIUS™ deygned to iwten can teacher is good enough for new Scholl Men's Classic. h« preventfncoon A cushomng and skp
      182 words
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      Page 22 Advertisements Column 2
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      113 words
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      488 23 I SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will be held at News Centre, 82 Genting Lane, Singapore 1334 on Saturday, January 7,1995 at 11.30 am for the following business:1. To receive and, if approved, to adopt
      488 words
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      Page 23 Advertisements Column 2
      348 23 m SINGAPORE PBESS HOLDtNGSyWTED g (Incorporated in Singapore) K NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting mmHlftP of the Members of the Company will be held at News Centre, 82, NHI I luP Genting Lane, Singapore 1334 on January 7,1995 at 12 noon (or as soon thereafter following
      348 words
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      158 25 Iff 13 M" OFFSHORE 1 WW COMPANY SPEOAUSTSI With a worldw ide team of 125 multi-disciplined I professionals and a network of international I offices, OCRA provides confidential and cost I effective company formation in all the major low B tax areas including: B BRITISH VIRGIN ISLANDS BAHAMAS IRELAND I
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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. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday.
      39 words
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      144 27 NEW BALANCE presents the ventuie raiw The MK9O7s offer real running shoe American Classics Collection De- technology. Real running shoe supsigned to take the work out of walk- port and comfort. Just what did you ing. These elegant shoes look better expect from a company that makes when you are
      144 words
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      142 28 NEW BALANCE presents the The MK9O7s offer real running shoe American Classics Collection De- technology. Real running shoe supsigned to take the work out of walk- P° rt com^ort J ust *at Nou ing. These elegant shoes look better expect from a company that makes when you are dressed up.
      142 words
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      55 29 THE REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. CREDIT LYONNAIS CITIBAN<O Asset Management Division Call CitiPhone banking 1800) 225-5225 not just banking citiba
      55 words
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      23 30 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Business Times WE KNOW ASIA
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      Page 30 Advertisements Column 2
      15 30 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... j Appointments or Notices. ca« toft-free 1-800-741-1883
      15 words
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      Page 30 Advertisements Column 3
      584 30 BUSINESS T 1 M B S 101.1. IRI-1111 No. 1-800-741-1883 •I AX 741-1298 LOST SHARE CERTIFICATES The blowing Share certificates/together with (he relevant signed transfer deeds have been reported lost or destroyed:ANA HOTELS SINGAPORE LIMITED Certificate No In the name of No. of Share* ******42 Koo Weng Kheong 1 x
      584 words
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  • Shipping Times
    • Article
      SemBeth to encourage worker safety after inquiry findings
      356 31  -  By Ramesh Divyanathan SINGAPORE Specialist ship and rig builder Sembawang Bethlehem intends to step up efforts to make its workers more safety conscious, deputy chairman Tan Mong Seng said yesterday. He was responding to queries about a committee of inquiry's findings and
      356 words
    • Article
      3 S Korean lines to pool resources, cut costs
      225 31 SINGAPORE Three South Korean container lines have decided to pool their resources to increase efficiency and cut costs. The three Hanjin Shipping Co and Tricon consortium members Cho Yang and DSR-Senator Lines say the move will maximise asset utilisation, improve service
      225 words
    • Article
      Lock icon Cunard to compensate stranded QE2 passengers
      242 31 Reuter LONDON Shipping company Cunard agreed on Monday to produce tailor-made compensation packages for around 500 passengers who missed out on a Christmas cruise on their flagship QE2 liner because a refit was not finished on time. Acting to limit the damage from what
      Reuter  -  242 words
    • Article
      Vessel master in Manila collision praised
      147 31 SINGAPORE Pacific International Lines has praised the master of its vessel Kota Suria for his action after a Dec 2 accident involving the Philippine ferry Cebu City. After the completion of a Board of Marine inquiry in Manila last Friday, PIL managing director Teo
      147 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1063 31 Page Col ABC Containerize 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 Ahlers Line 13 S Ahrcnkicl Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 5 •ASCL 5 5 Astro
      1,063 words
    • Article, Illustration
      SemBeth delivers tanker to Indon company
      209 31 SINGAPORE The ship and rig-building arm of the Sembawang Group, Sembawang Bethlehem, yesterday delivered a tanker to Indonesia's PT Humpuss Sea Transport and is already discussing further orders with the company. Semßeth deputy chairman Tan Mong Seng said Humpuss Sea Transport Indonesia's leading tanker
      209 words
    • Article
      DAILY FREIGHTS
      1501 32 DRY-CARGO freight rates continued to drift lower with a most charterers having cleared up their enquiries before Christmas but shipbrokers said new business expected in the New Year should underpin the market. The Baltic Freight Index (BFI), a barometer of Capesize and Panama* rates, lost 10 more points
      1,501 words
    • Article, Illustration
      Lock icon Difficult, but full of hope
      1657 33 South Africa's Safren Group is determined to make its way into the global community International Transport Journal IN SPITE of their partially global activities. South African enterprises have remained more or less national companies due to their country's political outsider position. This is also true
      International Transport Journal  -  1,657 words
    • Article
      THE SHIPPING GUIDE
      12194 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. LEGEND PN: ship calls at Penang after
      12,194 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        739 43 VttMi. ''ifay No Berth Arrival Departure VesiH Vo» No Berth Arrival Departure A ivwt( Port UnStMiU B7194* POIA 2112/1200 ?112 1400 HIV#*. 120 Jtonga* n 12/0130 8atifli Speed3 271)4* POIA 2112 0700 21 12 0900 HH» n donpa* 21 12/0300 Batam Speed4 ****** P01A 2112/2130 2012/2230 H*
        739 words
      • Article
        CONTAINER SCHEDULES j
        1417 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO •4 Record Bookinj/BaJance Rslts Sap Voy No Etb/Btr Period From To From *lciU, Ob/8 23/2359 IB 20/1500 20 ,'1859 20/1900 4 21/1200 21/1*59 211/00 «e»ton Neto 189« 22 1500 18 20/1500
        1,417 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US plans to reform air traffic control operation
        358 50 Reuter WASHINGTON The Clinton administration on Monday proposed to split off air traffic control operations from the Transportation Department as part of a major overhaul of government operations. A split-off into a federal corporation was proposed last year, but went nowhere in
        Reuter  -  358 words
      • Article
        Lock icon Honda is America's biggest exporter of cars
        423 50 The Washington Post WASHINGTON America's biggest exporter of cars is neither American, nor big. It is Honda North America Inc, a subsidiary of Japan's Honda Motor Co, which yesterday became the only automaker to ship more than 100,000 passenger cars this year from
        The Washington Post  -  423 words
      • Article, Illustration
        Lock icon BMW sees no brand dilution of Rolls-Royce marque
        420 50 Reuter, Bloomberg Business News LONDON German car maker BMW AG said on Monday its brand name would not detract from the high-profile Rolls-Royce marque under their partnership deal. "It is Rolls-Royce's and our opinion that another brand brand name must not appear
        Reuter,; Bloomberg Business News; AFP  -  420 words
      • Article
        Lock icon US nod for tough new pollution controls
        249 50 AP WASHINGTON The US government approved tough new pollution controls on Monday similar to those in California for cars and small trucks sold in the East from Virginia to Maine. Under the plan, which still requires approval by the individual states, cars whose
        AP  -  249 words
      • Article
        Lock icon Taiwan to open military plane maintenance market
        178 50 Reuter TAIPEI Taiwan plans to open its multi-million dollar military aircraft maintenance business to the private sector to develop its fledgling aerospace industry, the Committee for Aviation and Space Industry Development said on Monday. "We plan to set up a team next month
        Reuter  -  178 words
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          Lock icon Sino-US venture to build MD-90
          106 50 AFP SHANGHAI A Sino-US venture will begin production of McDonnell Douglas MD-90s soon and roll out the first aircraft early next March, a newspaper reported yesterday. A group of McDonnell Douglas Corporation (MDC) experts were in Shanghai last week to review the production schedule of
          AFP  -  106 words
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          Lock icon Chrysler offers rebate on Neon models
          84 50 Bloomberg Business News HIGHLAND PARK, Michigan Chrysler Corp is offering a US$4OO (SssBB) rebate on the more expensive versions of its Neon subcompact cars under a programme that's valid through March 31. Only first-time new car buyers are eligible for the offer, said the
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          Lock icon Ford shuts Windstar minivan plant
          93 50 Bloomberg Business News DETROIT Ford Motor Co on Monday said it closed its Windstar minivan plant in Oakville, Ontario, this week because it ran out of parts for more expensive versions of the vehicle. Ford also idled workers at its St Thomas, Ontario, plant to
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          Lock icon Japan's imported car sales seen rising
          73 50 AP TOKYO Sales of imported vehicles in Japan will jump by 15 per cent to about 345,000 units in 1995, an industry association predicted yesterday. Japan's car imports have surged this year thanks to the high yen and more aggressive marketing by foreign makers.
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          Lock icon UK govt changes roads policy
          80 50 Reuter LONDON British Prime Minister John Major's government made a transport-policy U-turn on Monday after publishing an official report which said it may have got it wrong in measuring extra traffic caused by new roads. Transport Secretary Brian Mawhinney told parliament the government would now
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        AIRCRAFT ARRIVALS AND DEPARTURES
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      50 31 Draser a SAFETY EQBPMENT I|. OBJ (SOtAi APPROVED) PA9O MARINE '^■Hl Specifically Designed Brcathm* AppaiaUa For Maritime Applies bora H|H HIGH QUALITY UGH mrORMANCE HIGHLY AFFOftDABU s Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fix: 773 2033 Tin: RS ***** DWSING
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      27 31 Line# and Mrvic«« represented by Member* of the Registry of AccrodHed ['bnl'] Shipping Agents, Singapore National Vvlßf// Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      58 31 VISA FREIGHT SERVICES PTE LTD I .vw THE TOTAL TRANSPORTATION PEOPLE g 1800 *****66 Safren's escape from the cold: Difficult, but full of hope, Pg 3 US plans to reform air traffic control operation, Pg 20 A LEADER IN REFRIGERATION 1^ JHH ''■*i&mZit ■*ISI^I < >4q^H jSI I^—■/'^l ■TUiSfr* IPiPpfßl
      58 words
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      2094 32 IMPORT™ IMPORT™ |WORTH AMERICA] I OTHER DESTINATIONS I I NORTH AMERICA I dmCT<i«ij.T?m«Tco»rr(«9io to «a«t oo*tr town muka wnvtci i *Ma*pon California cxmcts (nmcr from west coasti wan WT store u m vcr m DM. hoibtom qbc ny mm QTT mm mm buenos apes montewdeo wo Dt iakow santos nbeva
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      1535 33 OOCL (3) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. I I 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 CPS: 03-*****42 CR NUMBER: **********0 C PENANG TEL: *****4 FAX: *****1 1 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) Ip O H TEL: *****3/4
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      611 33 ANLu IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I FROM AUSTRALIA (EAST COAST) *s»/wr me »|m rn m our hcm wjsci/wh me an in mm mb *t f vsr Ints Tttttsa MS U/12 22/12 24/12 OS/OI M/ 01 11/11 11/11 A TOMSEK UN 24/11 a/11 *2/12 *7/12 U/12 21/12
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      10 33 Don't miss Personal Finance Investment in Business Times every Saturday
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      1140 34 Year en£) lOADF.RS SINGAPORE TO EUROPE "ESSEN EXPRESS" V.09/351 eta sin 31.12.94 SINGAPORE TO USA WESTCOAST "CALIFORNIA PEGASUS" V.27 eta sin 28.12.94 SINGAPORE TO USA EASTCOAST "NEPTUNE PEARL" V.IBE eta sin 29.12.94 FOR BOOKINGS, PLEASE CALL HOTLINE: *****88 Agents: Singapore HAPAG-LLOYD (9) PTE LTD Malaysia Sagani Mn Bhd Booking: *****88
      1,140 words
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      Page 34 Advertisements Column 2
      499 34 IS'pore PKelang Loading f<x CELTIC 31/12 2/1 Rdm/Atw/UK/Nantes WORLD ARES 25/12 28/12 Rdm/Atw/UK/Nantes 'Loads E./W. Malaysia. Indonesia I I Loading for ENERGETIC Dubai/Bahrain/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba •Loads Singapore. E./W. Malaysia. Indonesia I I Loading for Y DONA V Los Angeles/New Orleans/ I Charleston/Norfolk/Camden I OCEAN EVER Los Angeles/New Orleans/
      499 words
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      945 34 NOR ASIA I v WEEKLY DIRECT SAILING X 1 TO HONG KONG, BUSAN KEELUNGI B ALSO ACCEPTING TO DALIAN, QINGDAO, SHANGHAI XINGANG (VIA BUSAN) CHIWAN HUANGPU (VIA HONG KONG) FOR MORE DETAILS, PLEASE CONTACT: I MS TAN SEOW CHUAN/MS FELICIA PEH S rOAE GENERAL agent NORASIA AGENCIES (S) PTE LTD
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      1747 35 a STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppol Towers Singapore 0208 Id: *****88 Fax: *****17 new guinea pacific line /gjgP (A SERVICE OF CHINA NAVIGATION CO) CMGO DUE SAA.S s""' 5* FC LCL CONTAINER ANO BMAKBULK SERVICE TO PAPUA NEW OUMEi C I MAGA 111-30 ¥121 Muara.
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      Page 35 Advertisements Column 2
      1921 35 Am Singapore Agent: VUiMI X ftH 9 jAIITA 1 flPIPfi P&o Containers (Singapore Agencies) Pte Ltd T?* 10 Hoe Chiang Road. #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Te,: 225 223J,T e |CT: R s ***** pnocsp .Fax: 225 5327/222 7517 CR Number: *****9 IOOOQZ __EXPORT IMPORT f
      1,921 words
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      Page 35 Advertisements Column 3
      257 35 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 26/12 ROTTERDAM 26/12 AARHUS/COPENHAGEN 26/12 HAMBURG/BREMEN 29/12 MARSEILLE/FRANCE 22/12 FELIXSTOWE/UK 26/12 BARCELONA/SPAIN 23/12 LEHAVRE/FRANCE 29/12 GENOA/ITALY 24/12 ANTWERP/BELGIUM 26/12 LOS ANGELES/WC/IPI 30/12 SYDNEY/MELBOURNE 23/12 NEW YORK/EC 30/12 FREMANTLE/ADELAIDE 24/12 VANCOUVER 28/12 BRISBANE 23/12 TORONTO/MONTREAL 28/12
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      487 36 JOINT VENTURE Vly SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA GKEN ERA VOY 3MB 5 )AN QMGDAO DASA SEPIA.UH VOY 3MB 29 lAN XINGANG INDUCEMENT CALL PKELANG INDUCEMENT CALL HK. P GUDANG, BEL*WAN, TG MAN XIAMEN. ZHANGAGANG l&n UTAMA HARTA f gJ WEEKLY FULL CONTAINERSHIP FEEDER VESSEL NAME VOY SIN
      487 words
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      Page 36 Advertisements Column 2
      1203 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 fM Wl S* lit HAW. SEX TV* POX FM HI W |UC HAU SAV AM NTC HANAN NMNK 020E 30/12 O«CT IJ/1 20/1 21/1 MUM BUSAN lWt 31/12 K PCATLAMD 00K 2/2 3/2 5/2 HANJM SINGAPORE
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      1278 36 if j j r jTraTJTi^ Im scr i« «t uc w wi on kt w in iu cms u «rc im tm km nr nt ca na S&B t BOLDER KOAi 27/12 29/12 1/1 VI */l >/l U/l 11/1 12/1 U/l U/l 25/1 7/2 9/2 10/2 2*/2 21/2 22/2 23/2
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      3025 37 AM wJvA to ;.i» nun mufa, mm M mmi -4--- K* MONTN n%»iff'i o—r»/ Agamtt: T1 fß—r«j>: 22*19— Sal—m~hlme Ag— MtflD CIMDWUr DTr Irn (ttWUfiifc {MUM CMiatxr 4M1141/M4 CmMnt Src C/L; *****02 Oparatlmm CwtatMr ***** MS d rHr'V Sfnrnmg rit liu r «i«c kijo cosjmf cnwHwit 4miijo m: c——m—t47o9744 -1
      3,025 words
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      Page 37 Advertisements Column 2
      1124 37 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUMO PKI ft* *>" sw HKG KM TAI KEE *08 OS* MOI BUS WAN HM ?1V NOl2 11/12 11/12 21/12 22-23/12 24/12 28/12 30/12 01/01 TS >u KAO 0V 01 06/01 07/01 01/01 WW HAI ?o<> NO4l 21'12 22/12 24 12 ft 26/12 IoTIF "ITiT "oToT
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      1241 38 ■■inn rri iihmibi M II gjMMIMEHajCI^^BUU B£J 3a vessel 5? 9 vessel vov sin pen H! 1 WAWA BHCIM 2598 W*d_ In Pt 2*JT2_ KOTA JADE JADO23 Wod |ln PI Fri 123/12 ■1 VtMtl VOY MN BKK jj |IBRABHUM 808 Fri_ JW?d_ «Al2_ S IRI BHUM TO 22/12 M I
      1,241 words
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      Page 38 Advertisements Column 2
      1120 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CrY~VS*****OOOON «TW*ITB BHUTTIB SERVICE PORT KLANG PENANG vessel I voy I aw mi vessel vot g rtw SEA LAUREL 346N 21/12 23/12 (FID) MCC CONVEYOR 4004 23/12 <FH) 25/12 (S«£ WG GLORY ****** 23/12 (ffll) 24/12 (SUN) H(OL«IAYA ***** 2S/12
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      988 39 gagiPfl PACIFIC INTERNATIONAL LINES (PTE) LTD H 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CB NO: **********06 jjisa ;yj a [Ci [fij !#a I" ftrl a" I ■1 VESSEL VOY SM BKK SIN f VESSEL VOY SM JKT SM SUM BAY W*T) ISSN 21/12 24/12 28/12 I KOTA
      988 words
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      Page 39 Advertisements Column 2
      849 39 ttssas WT u wm iwwt THANK ootuiioam AWTWCUP wm o>w«* hww 21/12 12m wn u/»i u/ei HToi WUt im WW 27/12 U/01 20/01 22/01 23/01 S7SI »/01 27/01 20/01 30/01 31/01 W.IE PC Til MM W7W >1/02 03/02 05/02 00/02 07/02 •ALSO »CC£FT»« CMGO TO AIL U K KSTMKTIONS SCAfCWtVUN
      849 words
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      585 39 I BSA iiT MYANMA VjMHBk FIVE STAR LINE V (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gd| MP*AN V2O6R In PI AVA VI3IW 23/26 Ok 27/30 D«c SAGAHG V3IW 23/26 Ok PAGAN V2I6W 27/29 Dtc MALAYSIA AGENTS BOUSTEAD SHPPOK AGENCES KUL TEL 02-03-*****00 PKL TEL
      585 words
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      1963 42 TO EUROPE FROM EUROPE 755* |nu roi Imm vu store uh rim ham I brh I m «t mi stok hrg fusan roh shorn I ngo row ■SI/MM 4241/4701 17.12 17.12 HMD 2454 21.12 07 01 01 01 09.01 11.01 12.01 W) HONG KONG 1404 21.12 22 12 20 12
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      Page 42 Advertisements Column 2
      485 42 ipkASMN CONTAINER LINES, INC ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 20/12 21/12 22/12 HKG/BKK/KEE/KHH Genoa/Barcelona/Mars««w 22/12 23/12 24/12 23/12 24/12 25/12 HKG/BKK/KEE/KHH Gburf/Chagen/Shokn/Oslo 25/12 26/12 27/12 27/12 28/12 29/12 HKG/BKK/KEE/KHH Piraeus 27/12 28/12 29/12 Dcrciuiwr Trt Ldn/Fli/Rtm/Ant/Ham/Leh 24/12 25/ 12 26/12 KbttlVlWu IU mii /liAnn
      485 words
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      790 43 MEDITERRANEAN FAR EAST SERVICE EXPORT: TO E/W MED IMPORT: FROM MED/EXPORT TO FAR EAST] be mm. wt tup lma hi u> fos w nt na una mm m mp mt »o no na una nzmhm 21/12 »/i2 w/m w/(i imi ivm i«/« hoi h/m 21/(1 wow cam* wu owe k/m
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      270 43 I VESSEL VOV SIN MAA SM I TIGER ISLANO 125N 24-25/12 30-05/01 II 28/01 I CAPE HERMES 203N 26-27/12 31 06/01 11-12/01 TIGER CAPE OI2N 28-29/12 03-10/01 15-16/01 TIGER BRIOGE 313N 01-02/01 07-13/01 18-19 AH I TIGER BAY 126N 0203/01 08-15/01 20 21/01 TIGER SPEED 314N 05-06/01 11-17/01 22-23/01 I
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      327 43 KSEL (MS) MP H MB fHC PC B» Mtm wi» «/12 17/u »/U n/oi u/ti mm wa ti/oi u/oi ti/oi oi/oi is/oi u/oi IUSDU Ml* M/ 01 11/01 13 01 n/01 10/01 jmooc nun wow u/oi 11/01 »/oi 20/01 moi 02/02 nxx mn w ws ok a* mm sum mm
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      Page 43 Advertisements Column 4
      404 43 m RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 HSI TELEX: R8 ***** RISHIP (3 Lines) CR NO.: **********0E {V'JBl "ETUIMMAII MIUBMi IHttT iUS nwruui MnrrflHiilMwccL ACCEPTING FCL AND CONVENTIONAL Vnml Voy Loading For Abbay Won 42W8 26/01 Momtxu Djibouti As—b. Massawa Abboy Worn 43W8 28/03
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      97 44 SINGAPORE U.S.A. < YEAR END LOADER 1 VESSEL MAERSK ALGECIRAS V- 9501 i 4 4 4 4 DEPARTING SINGAPORE 31ST DECEMBER 1994 ■J i CV CLOSING 30TH DECEMBER 1994 2200 HOURS I X I I I FOR BOOKINGS I I I I I PLEASE CALL— 224 0505 I I I
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      659 44 AFGHANISTAN MAM Afghanistan Ltd., Hairatan Torghundi Islamqala (Doqharun) C.1.5./RUSSIA: Alroa Ata. Ashkhabad. Baku. Dushanbe, Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow. Sochi Novosobirsk. Tashkent, TMiti, Vladivostok, Vostochny, etc. N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN OKR Ville De Lyra
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      Page 44 Advertisements Column 3
      761 44 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE rj>OBE 0104 Tel: *****81-3 PAX: *****36 (3 HUNTIN6 LHESj TLX: Rgfel4o BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICft/CgLIA P > r.HTOTtTOI S SLGS/WEEK QEQiBH 3 SLGS/WEEK VESSEL VQY SIN JAK VESSEL VQY SIN SUR PANCARAN SINAR 935 20/12 (TUE) 22/12
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      662 45 I |)FSV EVteRETT ORIENT LINE" 'm| W" JAPAN/BAY OF BENGAL/JAPAN SERVICE BKMBULK SOC C«tGO€S TO/FROM KOK. YOKOHAMA, NA6OYA. mAMTTOKYO* MAMA*. OAVAO* Penanj* P Keianj Seijapore E'Msia* IK ARABS VERETT V2OE 29/30 Dec <* IK AMALEVERETT V24E 12/13 Jan 14/15 lan J iKARABIVERETT V2IE 21/22 Feb lACCEPTMG BREARBUU/FCL/SOC CAHtGOCS TO/FROM CHOTAGONG.
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      218 45 Bt GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 16/12 22/12 24/12 26/12 GLORY SELATAN X 3/1 10/1 12/1 14/1 SIN KOMPONG SOM GLORY SELATAN VIII 20/12 25/12 SINGAPORE ASEAN TO
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      549 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEL HOY I VH KARACHI MAKAAM 153HW (X/ 01/95 lt/01/»5 BOtAN 144-HW OC/01/95 18/01/95 HYDERABAD 137 HW 02/02/95 12/02/85 ISLAMABAD 130-HW 19 02 29/02 •«s«ic«i air rati mict to nucoot FAR EAST CONTAINER SERVICE ONLY VESSEL "ToT SIN "WC QSA NAG
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      664 45 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOY ETA SIN ETA MAA MV PESTOVO V.07 27-28/12 02-03/01 MV SEA DRAGON V DRGO37 29 30/12 04-05/01 MVPRAVDINSKV.iI 01-02/01 07-08/01 MV BUNGA TERATAI V TERO2S OS-06/01 11-12/Ol MV PESTOVO V 08 15 16/01 21-22/01 MV SEA DRAGON V DRGO39 16-17/01 22-23/01 MV
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      275 45 SIN FAR EAST 27/12 KEELUNG/KAOHSIUNG 25/12 BANGKOK 23/12 MANILA/CEBU 25/12 JAKARTA/BELAWAN/SURABAYA 26/12 PORT KELANG/PENANG/E MALAYSIA 25/12 BUSAN 25/12 TOKYO/YOKO/KOBE/NGO/OSA 26/12 HONG KONG SjN CHINA (*Sl#i»;«n) 26/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SjN EUROPE/UK 25/12 LDN/FLX/LVP/SOU 25/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA 25/12 LOS
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      1061 46 I 1 I FIXED k j WEEKLY SAILINGS i If Tel: 261-3595 Fax :261-0978 i tp GP SHIPPING PTE LTD MELBOORNE T Call: Kenny/Mas/Peter sa ******ass aaaa *****5555 bbbsßbßssssbsssSsßbbl m SM FHM MILS SYO MICK ITTT MM TIM 33* iITIS 01/01 #5/01 W/01 12/01* C. VUOUK 339 2VTT OS/01 10/01
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      475 46 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 27 DECEMBER (Accepting to alt Maw Zealand porta) PENANG 23 DEC JAKARTA 25 DEC PORT KLANG 29 DEC MANILA 29 DEC BANGKOK 29 DEC HON6 KONG 20 DEC MELBOURNE 27 DEC SYDNEY 27 DEC BRISRANE 24 DEC FREMANTLE 29 DEC 'ACCEPTING TO
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      879 46 CONSOLIDATION TO BUSAN "%Sp d FIRST fb*wksßEß IN OFFERING TWICE WEEKLY JSSHJHS& LCL SERVICE TO BUSAN 'SSa rgi hsrl Singapore 778 6522 *****38/*****36 gmMi Also has offices in:- AND LOGISTICS SERVICES Vj&Lr MALAYSIA THAILAND PHILIPPINES WJAj JfaftT HONG KONG VIETNAM INDIA TAIWAN BRUNEI CHINA 7&4/VSTL/A//C nNORSUL LINES (WeH Established Brazilian
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      1325 47 |SEAMA^\RGENTIN^IN^\f§^ CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY I I VfMCL VOY Ml P. ARCNAS USHUAM Mil ITWMO SNT I SM BIROIT NABER 003E SAILED 22/01 24/01 30/01 01/02 05/02 I 26/02 FRAN CISC A SCHULTE 003E 22/01 26/02 28/02 06/03 08/03 10/03 I 04/04 FLORA V 007E
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      377 47 stts CEYLON SHIPPING CORPN Rasg/ National Line of Sri Lanka CONTAINERISED SERVICE TO Ik AND NORTH CONTINENTAL FORTS a Moriwiw on it/u tyi ?i. i n i ?</i m> w»6or» bii n/» «MASU StiMIIAH I MV>l Zl/U «/l? 14/1 H/1 17/1 m swevow omi n/u «/i IB) MUCUORA Dili 7/1
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      359 47 YEAR END LOADER SIN USA HAKONE MARIIIBW -1 ETA SGP 30/12/94 CLOSING 29/12/94 AT 2130 HRS SIN EUROPE MANHATTAN BRIDGE 74W i '•4 ETA SGP 31/12/94 4 M CLOSING 30/12/94 AT 0100 HRS I Srar.5SSSS^2» LTO s,NCAPO TIL; "•»°<>° nepune SON BHD MALAYSIA NEPTUNEUNK TEL (03) *****23. KL- (03) *****33.
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      1515 48 s i AMERICAN PRESIDENT LINES, LTD. i v i_ 19 KEPPEI ROAD »02 01 JIT POH BULDtMG SINOWOg Q2Q» TCI 225 99— fmt 221 4922 1 ALSO OFFERING SERVICE TO/FROM 2 *PRC *CIS 'VIETNAM *EAST RUSSIA 'CARIBBEAN *LATIN AMERICA *EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY n NORTH AMIRICA
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      1072 48 K" 9* AS AGENTS: "I" LINE (SINGAPORE) PTC LTD (Cft NO; *****73W00M GST jtfKMh M2-WI73SM) m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****1cTtw9 I |\l h MALAYSIA: "K" LMIMAMTIK (MALATSU) SON IM 'U. '»> JLS JL X TEI SA *****00 PK *****75 PEN *****20 JB 2236<0' PG'J *****25/6 INDONESIA: P.T.
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      417 49 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [pna Tpkl p® vessqs vor sm rtm ant leh ham brei fel 21/12 23/12 24/12 H. PIONEER 312* 26/12 ***** lSTo! liTol ***** TiToI wToI--21/12 30/12 31/12 H. FRONTIR 314* 02/01 20/01 22/01 21/01 22/01 22/01 24/01 04/01
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      Page 49 Advertisements Column 2
      399 49 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE I ROftO CARRER SPECIALIZE M HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS VOT |p« lOAOWG FOR SAN KHE ACE S 25/12 29/12 BATAM 27/12 K™ I 24/12 BANGKOK 21/12 HO CHI Mm 11/12 HATHONG 1/1 ANJHMA AOMATNA I 25/12 31/12
      399 words
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      Page 49 Advertisements Column 3
      576 49 JEDDAH/UK/CONTMENT I STORE I JED S-TON KBUK I DAM LEH Ah* Accpta<| C«t* F«r KAI 11/150 21/12 7/1 10/1 12/1 Stulhaßrtai :Md UK tfnliuton Btfnt ml Mto HANNOKI EXPRESS 23/350 24/12 2/1 11/1 14/1 lft/l lft/l RtfMrta. :to al Antwerp Amstodwn Otis Hthnlu \t'\ L 7/I 1,/ l :toM UK
      576 words
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      318 49 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 _II 2.3 2.5 2.6 2.4 2.0 1.5 1.2 1.1 1.2 1.5 2.0 2.6 3.1 3.2 3.0 2.6 2 0 1.4
      318 words
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