The Business Times, 30 December 1994
1994-12-30
1
46
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The Business Times
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Title Section13 1994-12-30 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 75 c Friday December 30 199413 words
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2am LATEST
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Article59 1994-12-30 1 Reuter NEW YORK Wall Street stocks eased yesterday in lacklustre trading, with the market depressed by profit-taking and worries about the dollar. The Dow Jones Industrial Average was down 5.05 points at 3,834.44 at Ipm EST. Big Board volume was a light 142 million shares, whileReuter - 59 words
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40 1994-12-30 1 Reuter BLUE BELL, Pennsylvania Unisys Coip, accelerating its transformation into an information services provider, said yesterday it will cut 4,000 jobs worldwide or 8.5 per cent of its workforce in 1995.Reuter - 40 words
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Article163 1994-12-30 1 Stock market indices Thursday Change ST1I 2,243.02 +8.87 KLSEComp 967.14 -8.83 Nikkei 19,752.98 +87.45 Hang Seng 8,196.02 -72.20 SET Index 1,352.89 -10.35 Jakarta Comp closed CLSA China B 903.25 -7.19 Aust All Ord 1,932.8 -2.7 FTSE 100 3,065.6 -30.2 Thursday Previous lpm EST close Dow Jones 3,834.44 3,839.49163 words
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571 1994-12-30 1 Corinne Kerk - By Corinne Kerk SINGAPORE The red ink has claimed another retailer, Isetan, which yesterday reported a net loss of $7.41 million for the six months to Sep 30, more than double the figure for the same period last year. Isetan's half-time571 words
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535 1994-12-30 1 Loh Hui Yin - From Loh Hui Yin in BANGKOK THAI companies raised about 46.7 billion baht (552.72 billion) from initial public offers this year, almost 60 per cent more than last year's 29.3 billion baht, despite a lacklustre stock market.535 words
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507 1994-12-30 1 AFP, Reuter WASHINGTON Switzerland was the world's richest nation by gross national product (GNP) per capita with U5536,410 (5553.160) in 1993 and Mozambique was the poorest with US$BO, according to the World Bank Atlas published yesterday. Behind Switzerland in the wealth stakes cameAFP,; Reuter - 507 words
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484 1994-12-30 1 Catherine Ong - By Catherine Ong SINGAPORE This country's trade with and investments in India hit record levels in 1994, capping a year of high-profile bilateral activities. Cashing in on India's economic reforms and backed by a series of government initiatives, Singapore484 words
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412 1994-12-30 1 Bloomberg Business News, Reuter, AP WASHINGTON The US government's main gauge of future economic strength increased 0.3 per cent last month, signalling continued solid economic growth that may prompt the Federal Reserve to raise interest rates soon.Bloomberg Business News,; Reuter,; AP - 412 words
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Page 1 Advertisements
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Advertisement216 1994-12-30 1 E_ CONTENTS News Analysis 15 Spore News 2 C—ih»<— fegonai News 3,4.6 S"pore*Sß -17,18 Focus 7 Financial 20 World News 8.9 Features Markets Mvtg/Mkt! 10 Ctob/KLSE, StS 2*26 Sports 11 Regional 22,23 TV/lifestyle 13 Currencies 20 EdNonai 14 Smw/Commo -.21 Subscription lei 1800 /4925;; Fax *****75 BT Newsdesk TH *****18216 words
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Advertisement28 1994-12-30 1 Advertising: Pg 10 New-look annual awards Pacific Century Regional Devt posts $21m half-time loss, Fg 17 Tri-M hit by $9.5 m interim loss as sales fall, Pg 1728 words
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Advertisement9 1994-12-30 1 Hock Lock Siew: pg 17 Setback for Consplant sharj&tolde^^9 words
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Advertisement49 1994-12-30 1 Btitwrn Line: Pg ie H4)t/antu free-trade area makes sense vS:. msmm §g m m mmmmmmmmmm i i ft m JiP*'' v^"' taßSftAv, AT A. TESTONI BOUTIQUES #01-15/16 Hilton Hotel Shopping Gallery Tel: *****55 #fll-l»Mand«riii Hotel Shopping Arcade Tel: *****38 T L #01-11 Raffles Hotel Shopping Arcade Tel: *****03 -W49 words
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Advertisement18 1994-12-30 1 YCH GROUP TRANSPORTATION WAREHOUSING SPECIALIST SINCE J955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 LINES) FAX: 861-636618 words
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SINGAPORE NEWS
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EYE on the ECONOMY
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Article, Illustration342 1994-12-30 2 A J Leow - By A J Leow ROBUST growth in visitor arrivals last month helped to lift the average rate for a hotel room in Singapore to $150.10 the first time it had breached the $150 mark in more than two years. The last time the average342 words
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Article, Illustration494 1994-12-30 2 Juliette Walker - Reports by Juliette Walker THE output of Singapore's chemical industry would grow only 1 per cent this year to 5518.7 billion, the Economic Development Board said yesterday. But the outlook for next year is much brighter. The EDB's deputy director forSource: EDB - 494 words
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254 1994-12-30 2 THE Economic Development Board yesterday reaffirmed that it would sell its $100 million stake in the Phillips Petroleum Singapore Chemicals (PPSC) project back to Phillips. The EDB had invested $100 million from the Cluster Development Fund earlier this year to take a254 words
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390 1994-12-30 2 Reuter A SINGAPORE processor of molybdenum and tungsten, two minor metals, is shifting its manufacturing operations to India and Indonesia to escape high labour costs. Metallwerk Electrical Contacts (Pte) Ltd will open three plants, two in India and another inReuter - 390 words
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Article, Illustration304 1994-12-30 2 Abdul Hadhi - By Abdul Hadhi FOLLOWING the government's decision to retain balloting for the allocation of Housing and Development Board flats in mature estates, the board will offer 2,119 such flats in first-quarter 1995. The HDB said yesterday the flats mostly304 words
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258 1994-12-30 2 THE QUALITY of customer scrvicc ranks fourth among factors which afTcct a shopper's decision on where he or she buys goods in Singapore. A survey commissioned by the Network for Electronic Transfers (Nets) shows the top three factors arc value258 words
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Page 2 Advertisements
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Advertisement58 1994-12-30 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 service. m58 words
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Advertisement282 1994-12-30 2 ■RHine I An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The Capricorn Woman; Win Prizes! Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Caught The Last Light!; Win Prizes! Children's Funland 8453 Away In A Manger Face Facts 8454 Elizabeth Taylor Dreamland 8455 Dream282 words
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SOUTH-EAST ASIA
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381 1994-12-30 3 Ruth Wong - From Ruth Wong in KUALA LUMPUR TENAGA Nasional Bhd will spend Ms 7 billion (Ss4 billion) in the next two years to upgrade transmission and distribution systems to ensure there is minimal interruption to power supplies, executive chairman Ani Arope said yesterday.381 words
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NOTE BOOK
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105 1994-12-30 3 AFP HANOI Vietnamese Prime Minister Vo Van Kiet has ordered measures to punish two Hongkong firms and their Vietnamese partners who set up factories producing fake Marlboro cigarettes, a report said yesterday. Mr Kiet ordered unspecified "administrative measures" against Shing Luen Co and GoldenAFP - 105 words
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102 1994-12-30 3 AFP JAKARTA The Indonesian government has issued nine decrees to support a new tax law that comes into effect on Jan 1, reports said yesterday. The decrees covered land sales and title conversion, income tax, including that for active and retired officials, tax forAFP - 102 words
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Article80 1994-12-30 3 AFP HANOI Vietnam's gross domestic product has reached 170,000 billion dong (5522.6 billion) this year, growing 8.5 per cent over last year, a report from the Central Statistics Office said yesterday. The report said growth had been half a percentage point higher than predicted forAFP - 80 words
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262 1994-12-30 3 AFP MANILA Total approved investments in the Philippines jumped 342 per cent to 420 billion pesos (554.9 billion) in 1994, Trade Undersecretary Tomas Alcantara said yesterday. Total equity investments accounted for 34 per cent or 143.3 billion pesos, he said.AFP - 262 words
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Article, Illustration59 1994-12-30 3 AFP JAKARTA Schoolboys resting in the shade on the banks of the Kali Besar canal in the old Kota district of North Jakarta yesterday. There is now increased interest to restore the streetscape of this area which contains many buildings from the Dutch colonial periodAFP - 59 words
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438 1994-12-30 3 MBT KUALA LUMPUR Employers and employees have expressed reservations about the advantages of the Scheduled Tax Deduction system, despite the Inland Revenue Department's (IRD) assurance that it is a "less painful" procedure of meeting one's tax obligations. The feasibility and administration ofMBT - 438 words
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132 1994-12-30 3 Bernama KUALA TERENGGANU The country's first chain of budget hotels. Hotel Seri Malaysia, is all set to make its debut in the new year. Its flagship hotel. Seri Malaysia Kuala Terengganu. operated by Gateway Inn Sdn Bhd. will be the first toBernama - 132 words
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Page 3 Advertisements
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Advertisement284 1994-12-30 3 i- i—r vv i. ..in aw BUY A BOTTLE OF HENNESSY AND YOU MIGHT HAVE IT DELIVERED. m fjjk Win a Mercedes-Benz S-280, three diamond-studded gold ril Rolex watches and thousands of instant prizes. I Hennessy has always been known for its Rolex watch, each worth a cool $26,000. And,284 words
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CHINA/HONGKONG/TAIWAN
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CHINA WATCH
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Article64 1994-12-30 4 AFP HONGKONCi China's investment in Hongkong has further strengthened in a move aimed at maintaining the territory's stability after 1997, it was reported yesterday. In 1994, there were a total of 1,8()0 China-owned companies in the colony with an investment of some HKSISOAFP - 64 words
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67 1994-12-30 4 AFP BEIJING US Commerce Secretary Ron Brown is expected to visit China in April, the China Daily reported yesterday. A US embassy official played down the report which quoted senior Ministry of Foreign Trade and Economic Cooperation official Jin Ligang as saying Mr BrownAFP - 67 words
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Article71 1994-12-30 4 AFP HONGKONG China is drafting a law banning military troops in Hongkong after the 1997 takeover from engaging in commerce, it was reported yesterday. Xu Huizi, the chief of People's Military Army general staff, told a visiting delegation from the pro-China party Democratic Alliance forAFP - 71 words
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Article80 1994-12-30 4 AFP BEIJING Nine per cent of China's urban residents and 8 per cent of rural dwellers continue to suffer from malnutrition, a report said yesterday. Malnutrition still haunts economically backward areas, yet economic progress has also brought new dietary problems to richer regions, the China Daily said,AFP - 80 words
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Article, Illustration46 1994-12-30 4 AFP BEIJING Two soldiers yesterday walking past a department store under rows of flags printed with well wishes for the New Year and Lunar New Year. The Chinese or Lunar New Year will be observed on Jan 31. AFPAFP - 46 words
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220 1994-12-30 4 AFP BEIJING China's telecommunications scctor is seeking to smash the foreign monopoly on its booming digital switching market by merging domestic firms into powerful, competitive conglomerates, a report said yesterday. By merging; existing companies into two large groups, officials fromAFP - 220 words
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Article, Illustration471 1994-12-30 4 AP, Bloomberg Business News BEIJING China said yesterday it was willing to resume talks with the United States on intellectual property rights protection and warned that US sanctions would do no good. Bilateral trade talks on the issue were suspended earlier thisAP,; Bloomberg Business News; Reuter - 471 words
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233 1994-12-30 4 AFP TAIPEI Taiwan's two-way trade with China is expected to reach a record US$l6 billion (5523.42 billion) this year, with a US$l2 billion surplus in the former's favour, the Board of Foreign Trade said yesterday. But the board warned local businessmenAFP - 233 words
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495 1994-12-30 4 Reuter BLUING China yesterday ordered tighter state control of the grain market next year to increase supplies and curb price rises that have fuelled double-digit inflation. Up to Dec 20, state purchases of grain had reached 69.68 million tonnes. 78.3 perReuter - 495 words
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287 1994-12-30 4 Reuter BEIJING China on Wednesday declared too many petrol stations are being built along its highways, threatening the environment, creating fire hazards and tempting public employees into corruption. The more than 80 petrol stations along 280 km of six nationalReuter - 287 words
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Article, Illustration584 1994-12-30 4 Bloomberg Business News HONGKONG Although Hongkong remains king of the world's toy exporters, plastic prices and protectionism arc expected to eat into earnings of its toy companies. Analysts predict net profits of major Hongkong toy companies to grow about 10 per cent inBloomberg Business News - 584 words
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318 1994-12-30 4 AFP BEIJING China's Communist Party has announced plans to overhaul some 800,000 village cells to stamp out "lax and paralysed" branches which have led to rural disorder, Xinhua news agency reported yesterday. The agency quoted a senior party official as saying that some 8AFP - 318 words
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Page 4 Advertisements
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Advertisement54 1994-12-30 4 Travel or in Business Whether you are travelling or doing business in CAMBODIA, Phnom Pehn. fcfcw We will bring you the latest News from Home. 4 "vs- An y BMPi Sssr I£*?* fc/ lAs^sr* ******S»/ 7 F»: 18.810.538 I /*5«S?* SsyiX A ocs Cambodia C*. Ltd. 1 f lifMk HoldSofitdCambodiaM54 words
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Page 5 Advertisements
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Advertisement578 1994-12-30 5 mi linn in in inn A RAFIUS IMK*NATK>NAI HOTEL EXPERIENCE A LIVELY 101 YEAR OLD WITH A FEW FRIENDS. tu i c bed tlt outjht indeed\ an d one ivhiclt deserves your utmost consideration. J3ecauSe tonicj ht, at the (f3i/(iarj l<?oom of a ff(e 5 ote the much cefebrateJ. 1578 words
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REST OF ASIA
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407 1994-12-30 6 AP, Reuter DHAKA Bowing to opposition demands, Prime Minister Khaleda Zia yesterday said she will quit one month before the 1996 general election, but asked the opposition lawmakers to reconsider their mass resignation from parliament. It was the first time thatAP,; Reuter - 407 words
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Article304 1994-12-30 6 But share is only 0.2% of Seoul car market AFP SEOUL Foreign car sales are on the upswing in South Korea's booming car market, led by US brands such as the Ford Motor Co's Mercury Sable and Chrysler jeep-style vehicles, sales agents saidAFP - 304 words
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Article, Illustration471 1994-12-30 6 AFP TOKYO A chain of aftershocks continued to rumble through northern Japan yesterday as residents struggled to get back to normal after a giant earthquake left at least two dead and 249 injured. Two customers died when a pinball parlour collapsed in Hachinohe as theAFP; Reuter - 471 words
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ASIA NOTES
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86 1994-12-30 6 Bloomberg Business News NEW DELHI in a bid to lower India's external debt, the government plans to be more selective about what companies can borrow abroad, the Economic Times said yesterday. Under India's foreign exchange rulings, all borrowing abroad by Indian firms has toBloomberg Business News - 86 words
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62 1994-12-30 6 Bloomberg Business News BOMBAY A committee of executives from governmentowned oil companies says the government should stop setting oil prices a radical change in policy, the Economic Times newspaper reported yesterday. The government imports crude oil, sets duties, allocates the crude to refineries andBloomberg Business News - 62 words
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53 1994-12-30 6 AFP WELLINGTON Large areas of New Zealand's coastline used by commercial shellfish growers were yesterday declared closed after the discovery of toxins potentially fatal to humans in some samples. The live shellfish trade mainly mussels earns around NZ$2OO million (SslB7 million) annually in exportAFP - 53 words
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245 1994-12-30 6 AP SEOUL Obtaining information from North Korea is difficult, and when it does come, it often just deepens the mystery, as shown by the statement attributed to American helicopter pilot Bobby Hall. The biggest questions it raises areAP - 245 words
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Page 6 Advertisements
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Advertisement819 1994-12-30 6 The Board of Directors of Sincere Watch Limited is pleased to announce the unaudited interim results of the Group and the Company for the six months ended 30 September 1994. Results GROUP COMPANY HALF YEAR HALF YEAR HALF YEAR HALF YEAR TO TO CHANGE TO TO CHANGE (1) INCOME 30/09/94819 words
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FOCUS
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Article, Illustration2217 1994-12-30 7 A review of China's and India's economies in 1994 TWO generic features of economic reform were reinforced by developments in China and India over the past year: reform sometimes brings new restrictions, and confusion usually follows new and complex rules and regulations. In India,2,217 words
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Page 7 Advertisements
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Advertisement4 1994-12-30 7 HIGH-TECH RECRUITMENT ADVERTISING A^Olntmknts4 words
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Advertisement25 1994-12-30 7 E l his article is reprinted from the Dec 19 issue of Business Asia, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd25 words
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THE WORLD
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617 1994-12-30 8 NYT WASHINGTON The United States is preparing to spend billions of dollars, possibly as soon as next week, to help Mexico in its financial crisis. The aid would be used to prop up the peso in foreign-ex-change markets and help makeNYT - 617 words
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322 1994-12-30 8 AP LITTLE ROCK, Arkansas A federal judge on Wednesday refused to throw out a former Arkansas state employee's sexual harassment lawsuit against President Clinton but said the case cannot go to trial until he is out of office. GrantingAP - 322 words
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192 1994-12-30 8 Reuter PARIS Airbus Industrie, Europe's only large plane builder, said yesterday it had sealed a deal for 30 firm orders and 10 options with ILFC of the US after months of intensive negotiations. The deal, estimated by industry sources to be worth atReuter - 192 words
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WORLD WATCH
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Article97 1994-12-30 8 Bloomberg Business News JOHANNESBURG The South African government is investigating assertions that an anti-apartheid veteran's foundation misused Danish aid money, Xinhua news agency reported. It said President Nelson Mandela has asked Foreign Minister Alfred Nzo to inquire into the allegations by Danchurch Aid against a foundationBloomberg Business News - 97 words
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Article63 1994-12-30 8 Bloomberg Business news CARACAS Two development banks will be the first stateowned companies to be sold in the coming year in Venezuela. "We have an especially ambitious agenda," said the director of privatisations. The sales of Banco Guayana and Banco Fomento de Los Andes will be followedBloomberg Business news - 63 words
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Article55 1994-12-30 8 Bloomberg Business News BONN Industrial production in eastern Germany rose a preliminary 7.2 per cent in October from September and was up 19.4 per cent from a year ago, the Economics Ministry said. Manufacturing output in the five eastern states slipped 0.2 per cent inBloomberg Business News - 55 words
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Article, Illustration523 1994-12-30 8 AFP MOSCOW The decision by President Boris Yeltsin to use Russia's military might to crush Chechen separatists could have far-reaching consequences not just at home but for Moscow's relations with its neighbours and the wider world beyond, diplomats here warned. Mr Yeltsin's roomAFP; Reuter - 523 words
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412 1994-12-30 9 FT LONDON Britain's labour competitiveness is in danger of falling rapidly behind that of Germany as both countries pull out of recession, the Confederation of British Industry warned on Wednesday. In its latest pay trends survey, the CBI said average UK settlementsFT - 412 words
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297 1994-12-30 9 AFP WASHINGTON Asia's growing demand for snack food and convenience stores will provide US food producers with a wider field for exporting their goods, according to an Agriculture Department official. "US consumer food companies have a golden opportunityAFP - 297 words
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205 1994-12-30 9 AFP LONDON Confidence is growing in the European Bank for Reconstruction and Development as "a valuable and innovative institution", said its president Jacques de Larosiere, who was quoted in yesterday's Financial Times. Those who doubt the need for the EBRD "are less and lessAFP - 205 words
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Article, Illustration96 1994-12-30 9 AFP KALININGRAD, Russia A giant turbine of the world's biggest air-cushion (hovercraft) ship, the Zubr, dwarfing a member of the depleted ground support staff at one of Russia's two remaining bases of the once-proud Russian Baltic Fleet as he turned the propeller blades here last week. WhileAFP - 96 words
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411 1994-12-30 9 Reuter DUBAI Gulf Arab states may be on the verge of doing what was once unthinkable trimming the lavish state subsidies made possible by massive oil revenues. Weak oil prices, billions of dollars in debts arising from theReuter - 411 words
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355 1994-12-30 9 FT MOSCOW Russia's privatisation programme will continue strongly next year and foreign investors can expect more real security, according to Maxim Boiko, chief executive officer of the Centre for Privatisation. Mr Boiko, whose agency is independent but closely linked to the governmentFT - 355 words
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Page 8 Advertisements
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Advertisement298 1994-12-30 8 Yeltsin's dangerous course, Pg 14 THE LUXURY CAR THAT GIVES FREE REIH TO YOUR EMOTIOHS. THE HEW RMW 7 SERIES. TAKIHG THE LEAD. The challenge that faces the luxury carmaker today is not of exhilarating driving experience many had given up for lost. seated behind the wheel itself. just to298 words
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Page 9 Advertisements
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Advertisement135 1994-12-30 9 noNS. any had given up for lost. seated behind the wheel itself. ;h on the 14 speaker digital But before you get totally carried away, you also need to ad and let your emotions know that there are several highly rational reasons for owning <y smooth and spontaneous a new135 words
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ADVERTISING & MARKETING
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Article, Illustration765 1994-12-30 10 Corinne Kerk,Michelle Low - Corinne Kerk and Michelle Low find out how the ad industry is overhauling the Creative Circle Awards Corinne Kerk,Michelle Low Having gone into hiding this year, the annual Creative Circle Awards dubbed the local advertising industry's Oscar night will emerge in 1995765 words
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306 1994-12-30 10 Claire Leow - McGallen Bolden takes bold path Company offers more than PR services, reports Claire Leow Claire Leow LOCAL management consultancy firm McGallen Bolden Associates wants to be a public relations firm with a difference. It has added multimedia services and video production facilities. The company, which focuses on quality management and306 words
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Page 10 Advertisements
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Advertisement1142 1994-12-30 10 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KARRO INDUSTRIES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 10 Soon Lee Road. Jurong Town. Singapore1,142 words
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Advertisement456 1994-12-30 10 I OFFICIAL NOTICE We, BAUHINIA MARINE PTE LTD of 70 Shenton Way, #04-028 Marina House, Singapore 0207, hereby give notice that we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Cap. 179), in respect of the ship "BAUHINIA" of gross registered tonnage456 words
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Advertisement274 1994-12-30 10 THE COMPANIES ACT, CAP. 50 HALE A LITTLE LABORATORIES PTE LTD (In Liquidation) At a general meeting of HALE LITTLE LABORATORIES PTE LTD duly convened and held on the 28th day of December, 1994 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant274 words
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Advertisement427 1994-12-30 10 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF EUROPE ASIA SECURITY MANUFACTURMG PTE. LTD. /1 IiAgMWAM I 1/MII (in Mtmotrt votuniary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Ganeral Meeting of the members of the abovenamed Company duly convened and held at 53 Gul427 words
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Advertisement27 1994-12-30 10 Find a new owner for your apartment Make a move to sell your apartment to a variety of home owners quickly with a convenient, fast-acting classified ad.27 words
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SPORTS
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Article, Illustration879 1994-12-30 11 AFP MELBOURNE, Australia Mercurial leg-spinner Shane Warne celebrated a hattrick as English cricket plummeted to one of its lowest ebbs in a 295run capitulation to Australia in the second Ashes test here yesterday. He mesmerised the England batsmen, precipitating a woeful collapse for the tourists to beAFP - 879 words
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515 1994-12-30 11 AP CLEVELAND The Cleveland Cavaliers moved to the verge of a team record with their lOth straight victory, beating the Washington Bullets 91-75, with 22 points from Bobby Phills. Cleveland needs one more win to match the franchise mark of 11 straight set lastAP - 515 words
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Article, Illustration79 1994-12-30 11 Reuter SAN DIEGO The Pact '95 yacht Young America graced with original artwork designs of a mermaid on the hull and a sunburst on the spinnaker, by well known artist Roy Lichtenstein, sailing off the San Diego coast last Saturday. I he Pact '95 syndicate is oneReuter - 79 words
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361 1994-12-30 11 AP HOBART Maxi yacht Tasmania crossed the finish line just seven minutes ahead of nearest rival BrindaMla yesterday morning in an exciting climax to the 50th annual Syd-ney-Hobart race. Tasmania, skippered by millionaire boatbuilder Bob Clifford, sailed up the DerwentAP - 361 words
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Article, Illustration425 1994-12-30 11 Bloomberg Business News ST LOUIS Rupert Murdoch. who stunned the media and sports worlds by snatching the rights to broadcast National Football League games away from CBS Inc, was named 1994's most powerful person in sports by Sporting News. Mr Murdoch, chairmanBloomberg Business News - 425 words
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SPORT SHORTS
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Article, Illustration257 1994-12-30 11 AFP AFP kIJAIA LUMPUR A plan by sports officials to take a pleasure cruise to ponder the future of Malaysian athletics has been shot down by authorities, a news report said yesterday. Officials from the Malavsian Amateur Athletic Union (MAAU) asked the National Sports Council (NSC) to pay forAFP - 257 words
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Article, Illustration72 1994-12-30 11 AFP BKIJING China's drugs-tainted national swimming squad has pulled out of next month's shortcourse World Cup opening leg in Hongkong. Chinese Swimming Federation vice-president Yuan Jiawei said yesterday. Rocked by a major doping scandal at the Hi- roshima Asian Games in October, the record-breaking team is also doubtful forAFP - 72 words
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Article, Illustration30 1994-12-30 11 Reuter NEW YORK NBA games on Wednesday Chicago 105 Boston 97; Cleveland 91 Washington 75; New York 101 Detroit 93; Utah 117 Indiana 95; Seattle 121 Philadelphia 102. ReuterReuter - 30 words
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Article, Illustration88 1994-12-30 11 AP ADELAIDE, Australia American Jim Courier has accepted a wild card entry into the Australian Men's Hardcourt tennis championship. which starts in Adelaide on Monday, tournament officials said yesterday. Courier, a two-time former Australian Open and French Open -hampion. will use the tournament as a warm-up for the AustralianAP - 88 words
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Article, Illustration122 1994-12-30 11 AP SYDNEY A search plane located French sailor Isabclle Autissier alive and well off the south coast of Australia vestcrdav. but officials of the BOC Round The World Challenge yacht race still hold fears for her safety. Autissier. 38, was found on board her dismasted yacht Ecurcuil Poitou CharentesAP - 122 words
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Page 12 Advertisements
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Advertisement1578 1994-12-30 12 WHERE to wine, dine and entertain Hjwwor J- I ~g!) <$$62.00" PER HEAD p CARPACCIO Dl BRESaOLA ALU SICIUANA I An inviting entree of thinly sliccd Bresaoia richly seasoned with lemon and olive oiL Grapefruit and Rucota complete the garnishing. STRACCI ALIA MODA DELLO CHEF Welcome a New Year of1,578 words
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LIFESTYLE
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Article, Illustration406 1994-12-30 13 CHATTERBOX Reuter AP AP AP Reuter PRINCESS KIKO. the 28-year-old wife of the emperor's younger son, gave birth to a baby girl yesterday, palace officials announced. They said the baby, born at 9.20 am, weighed 2.766 kg. She will be named at aReuter; AP - 406 words
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Article, Illustration931 1994-12-30 13 Kevin Sullivan - The world has Scotland to thank for the New Year. And Scotsman Kevin Sullivan heartily approves of how the festival is celebrated in Singapore and elsewhere Kevin Sullivan Clever-clogs are fond of pointing out that Christmas originated in the pagan festival of the931 words
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250 1994-12-30 13 AFP FLEETS of private aircraft have been flying in the rich and famous on their annual migration to the ski slopes of Switzerland, contented tourism officials said. Crowned heads, international financiers and movie stars have been arriving in ski stations such as Klostcrs, GstaadAFP - 250 words
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Page 13 Advertisements
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Advertisement173 1994-12-30 13 f FRATINI Opening Hours Lunch 12 noon 2.30 pm Dinner: 6pm -12 midnight (Close on Sunday) 51 Nell Road #01-22 Singapore 0208 Tel: 323 2088 Fa* 323 0334 Cafd Caffi f.A.ft Mi New Year Eve Celebration A glass of Spumante Gran Cuvee Brut (Italian Champagne) Fresh Asparagus Soup Spaghettini with173 words
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Page 13 Miscellaneous
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Miscellaneous1248 1994-12-30 13 I TV RADIO Sayonara, 12 noon, TV 2 Marlon American who Japanese woman (Miiko Taka) after war. Their love is put to the test by prejudice on both sides. J Red Buttons and Miyoshi Umeki provide Oscar-winning 9P* support as more star-crossed KjH| lovers in this 1957 romance. Ricardo Montalban1,248 words
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Article496 1994-12-30 14 EDITORIAL PRESIDENT Boris Yeltsin's move to crush the Chechen independence movement, and to bring the little republic back into the iron bosom of the Russian federation, has implications that go far beyond the borders of his country. So also has his support of the Bosnian Serbs and496 words
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WHAT THE OTHERS SAY
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Article204 1994-12-30 14 THE SAVING FACTOR for the programme of economic reforms on which Prime Minister Narasimha Rao and Finance Minister Manmohan Singh are embarked is the old truism that ideology counts for little in Indian electoral politics. Foreign investors and those who wish to see the emergence of a204 words
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Article143 1994-12-30 14 THE EMERGENCE of new Malay bodies, like Mendaki and AMP, which assume more focused roles, has resulted in the shifting of key functions among several established organisations, and Majlis Pusat happens to be in this situation. Certainly, its niche should be Malay culture, given its breadth of commitment143 words
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Article181 1994-12-30 14 SINGAPORE should come up with measures to deal with the illegal employment of foreign labour and crimes in construction sites. Although our police have come up with stricter measures to deal with the illegal employment of foreign workers, the practice is still rampant. One reason is that181 words
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Article141 1994-12-30 14 ACCIDENTS involving fatalities are tragic, doubly so because many of them are preventable. Negligence, driver fatigue and scant regard for safety rules are common reasons cited as causes contributing to road accidents. This means that many accidents can be avoided with a bit of141 words
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Article106 1994-12-30 14 POLICE SERGEANT stabbed to death. Eight-year prison term demanded for youthful murder suspects. Teacher kills colleague before pupils 1 eyes in classroom. Youths ransack newspaper office. Police officers beat up motorist. Bus damaged in student brawl. Those are just a handful of headlines culled from among106 words
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Article, Illustration1066 1994-12-30 14 Yogi Aggarwal - She holds no official party position, but has undeniable clout. The paradox is that an active role would diminish her image and use, says Yogi Aggarwal Yogi Aggarwal The writer is a Bombay-based journalist who contributes to BT EVER SINCE her husband was murdered over three1,066 words
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Page 14 Advertisements
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Advertisement28 1994-12-30 14 -jluimte ittijbty*A 11l IJ/O Jli.lwr v w3) EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore rrn Business Times WE KNOW ASIA28 words
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Page 14 Miscellaneous
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Miscellaneous46 1994-12-30 14 /could Vou Pr>P doiom f\ CftN't Go P\Nyu)Heße fe>RlSTOu) -THIS IS L RNp LOOK AT ?A my UJRUCiNJG/ POONESBURY GARRY TRUDEAU OKAY, mis IS TM PAIRING A MJVB U&A {OFTte\ I UUL.THATSrr— TONKBR, ITS OKAY— ALIfPCKEPAM? 'T2E?£L!£S2*t2?F*' AWPSte.I P YOU KNOW -mxr* ft£APY FORQAY HCKePYOUUP\ IMNCT46 words
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ANALYSIS
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Article, Illustration1134 1994-12-30 15 Paul Kennedy - How far would modernisation and global competition go before they challenge every activity, every job, every practice? Paul Kennedy poses this and other disturbing questions about the availability of meaningful work in the future as the face of the world economy rapidly changesIHT - 1,134 words
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Article1326 1994-12-30 15 Shada Islam - Shada Islam discusses the major issues the European Union will have to tackle next year and what its new orientation portends for Asian trade partners Shada Islam The writer is a Brussels-based journalist who contributes to HI FOR the European Union, 1995 promises1,326 words
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Page 15 Advertisements
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Advertisement21 1994-12-30 15 -.r*. vLOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. SINGAPORE f I Business Times WE KNOW ASIA21 words
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464 1994-12-30 16 Reuter, AFP GENEVA Large and small trading powers are rushing to ensure they are founder members of the new World Trade Organisation (WTO) when it is launched on Jan 1, officials said yesterday. Following Japan earlier this week, several Latin American countriesReuter,; AFP - 464 words
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423 1994-12-30 16 Reuter WASHINGTON James Woolsey has resigned as President Bill Clinton's CIA director, the latest casualty of one of the worst spy episodes in America's history. The 53-year-old veteran of government service handed Mr Clinton his resignation, which was accepted withReuter - 423 words
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367 1994-12-30 16 The Straits Times KUALA LUMPUR The 1l man Malaysia newspaper yesterday speculated that the Malaysian general election is likely to be held in April. Speculation has been rife that the election would be held in January However, in a front-page story, theThe Straits Times - 367 words
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Article, Illustration45 1994-12-30 16 Reuter BINH DA, Vietnam Hoang Ixmg, a manufacturer in this fireworks-making village, sitting behind rolls of unsold products worth about US$2,OOO (552,940) yesterday before a government ban on firecrackers takes effect on Jan I. Normally business would be booming. KeuterReuter - 45 words
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187 1994-12-30 16 AFP BEIJING China is to issue a new bankruptcy law early next year aimed at speeding up the rate of bankruptcies and easing the state's burden in dealing with their aftermath. Xinhua said yesterday. The new law, currently at the draft stage, will replaceAFP - 187 words
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Article, Illustration648 1994-12-30 16 REGINALD DALE; REGINALD DALE - The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist hyh the International Herald Tribune, where this commentary first appeared. SUDDENLY. America thinks it has stolen a big march on Europe in the long-running battle for trade supremacy. In less648 words
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287 1994-12-30 16 Reuter KUALA LUMPUR Malaysia's Sabah state will put its logging concessions to public bid beginning next year to improve revenue and reflect government openness, its new Chief Minister Mohamed Salleh Said Keruak said yesterday. The public bidding systemReuter - 287 words
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300 1994-12-30 16 AFP JAKARTA President Suharto yesterday warned Indonesians against the danger of racism and narrow nationalism, and called for more unity and tolerance within the pluralism of the nation. "In an effort to build the community we are striving for, a spirit of togetherness isAFP - 300 words
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403 1994-12-30 16 AP BERLIN Over 100 serious bids poured in for 20 castles, some of them crumbling ruins, in a "fairy tales for sale" offer by the agency selling properties inherited from the East German Communists. "Now we are at the beginning of theAP - 403 words
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Page 16 Advertisements
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Advertisement108 1994-12-30 16 Children's Funland !'Bedtime Stories 'Day Or 9{igfit I Call 24 hours a day for fascinating stories and exciting qui/.zcsl Cost: 30 cents a minute I rm Now Zip gives you instant boiling water "-J -tr i every minute of the JUST TURN 0N THE TAP ZIP OUT DATES URNS, KETTLES,108 words
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Advertisement24 1994-12-30 16 Children's Funland "Bedtime Stories *Day Or I I Call 24 hours a day for fascinating stories and exciting quizzes! Cost: 30 cents a minute24 words
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COMPANIES & MARKETS
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483 1994-12-30 17 Abdul Hadhi - By Abdul Hadhi SINGAPORE Guthrie GTS, which is being sued by a firm in Laos, said yesterday that it had initiated a suit against it first. Reacting to reports that Laotian firm Lao Detico has taken it to court over the lease483 words
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EYE on your STOCKS
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Article, Illustration46 1994-12-30 17 Mixed '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, GK Goh, Kay flian, Morgan Grenfell, OngCo, Nomura, Phillip, Smith New Court, Wl Carr and SG Warburg.46 words
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Article, Illustration115 1994-12-30 17 Quak Hiang Whai - Quak Hiang Whai IN the absence of clear signals, Kulim's warrants are entering a period of consolidation. The counter could be trapped between $1 and $1.06 in the next few sessions. Should current support give way, the next support is at 90 cents. But what could be positive115 words
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379 1994-12-30 17 Michelle Low - Loss making companies By Michelle Low HONGKONG tycoon Richard Li's Pacific Century Regional Developments (PCRD) yesterday reported a whopping half-time net loss of 5521.2 million, mainly due to the high cost of growing its newly acquired subsidiary Top Glory Insurance Company (TGI).379 words
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213 1994-12-30 17 R Sivanithy - By R Sivanithy SINGAPORE Listed electronics maker Tri-M yesterday announced an after-tax loss of $9.5 million and a 25 per cent drop in turnover to $73.42 million for the six months ended Sep 30. Tri-M said the loss, which compares with213 words
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Article, Illustration168 1994-12-30 17 SINGAPORE City Developments has appointed Kwek Leng Beng chairman and his brother Kwek Leng Joo managing director, both from Jan 1, 1995. Mr Kwek Leng Beng is now managing director, while Mr Kwek Leng Joo is deputy managing director. The appointments come about168 words
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365 1994-12-30 17 KUALA LUMPUR Berjaya Industrial Bhd's suspended group executive director Yong Teck Ming said in a statement yesterday that the interest rate swap transaction, a deal which he was not authorised to conduct and had led to a US$l4 million (5520.5 million) loss by Berjaya365 words
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804 1994-12-30 17 William Chia - HOCK LOCK SIEW By William Chia SINGAPORE Minority shareholders of the former plantation company Consolidated Plantation Bhd (Consplant) are understandably upset over the Securities Commission's refusal earlier this month to allow the company's listing status to be transferred to Kejora Harta Bhd.804 words
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COMPANIES
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COMPANY BRIEFS
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57 1994-12-30 18 SINGAPORE Sembawang Maritime has formed a whollyowned subsidiary to take over the company's shiprepair business. The subsidiary, SML Shipyard Pte Ltd, has an authorised capital of $30 million comprising 30 million $1 shares. Its paid-up capital is $2. The directors of the new company are Billy57 words
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Article46 1994-12-30 18 SINGAPORE Pan-United Corp has incorporated a whollyowned subsidiary to provide industrial engineering services. Called Pan-United Engineering Pte Ltd, the subsidiary has an authorised capital of $1 million divided into one million shares of $1 each. Its issued and paid-up capital is $2.46 words
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Article77 1994-12-30 18 Bernama KUALA LUMPUR Diversified Resources Bhd (DRB) has posted a 9.1 per cent dip in group pre-tax profit for the six months ended Sep 30, 1994, to M 511.79 million (556.73 million) from M$ 12.97 million in the previous corresponding period. A DRB statement saidBernama - 77 words
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Article62 1994-12-30 18 Bernama KUALA LUMPUR Malakoff Bhd, which changed its core activity from plantation to power generation, has submitted a bid for the construction of a co-generation plant for the Kuala Lumpur International Airport in Sepang. Its managing director said the company submitted the bid three monthsBernama - 62 words
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77 1994-12-30 18 Bernama KUALA LUMPUR Talu Corporation Sdn Bhd will develop the MS4OO million (*****.3 million) Subang International Light Industrial Park II near here in three years. Talu Corporation managing director Rozali Ismail said the project, comprising 668 units of commercial and industrial properties and twoBernama - 77 words
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Article99 1994-12-30 18 Bloomberg Business News BANGKOK A group of investors led by Saudi jet-setter Adnan Khashoggi has offered 1.98 billion baht (S$ 115 million) for a 21 per cent stake in Jalaprathan Cement pic. The offer of 200 baht per share for 9.88 million shares of the cementBloomberg Business News - 99 words
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Article1265 1994-12-30 18 ■upra' prtc«t Dec 30 us Gr Fund 0.95 0.98" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.64 1.74 Unifund 1.43 1.49 The Savings Fund 1.59 1.68 Unibond+ 1.045 1.07cd S"pore Prog Fund 0.61 0.65 United Gr Fund! 1.70 1.77 S'porc See Fund 0.% 1.02 United Asia Fund 1.601,265 words
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491 1994-12-30 18 KUALA LUMPUR Bintang Piramid (M) Sdn Bhd, which owns 18 per cent in Sin-gapore-listed Inno-Pacific Holdings Ltd, plans to increase its stake in the company to nearly 25 per cent. A report in The Star newspaper on Wednesday said Bintang Piramid,491 words
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252 1994-12-30 18 AFP MANILA The Philippines' Monetary Board said yesterday it has approved the application of Banco de Oro Savings and Mortgage Bank, controlled by shopping mall magnate Henry Sy, to become a commercial bank. The board also ordered it to offer part of its capitalAFP - 252 words
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Article, Illustration839 1994-12-30 18 MARKET WATCH Bernama KUALA LUMPUR The local stock market started 1994 on a promising note following the continued spillover of the 1993 stock market frenzy, and this prompted punters to wonder how long the good times will prevail. It was not long before their euphoriaBernama; Source: Investamatic - 839 words
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260 1994-12-30 18 SINGAPORE Hotel Plaza and Hongkong-based Kheng Leong Company are acquiring a 50 per cent stake in Pilkon Development for US$l.l5 million (551.67 million). Pilkon is building a four-star hotel in Vietnam for US$4O million. Hotel Plaza said yesterday it260 words
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241 1994-12-30 18 Bernama KUALA KANGSAR Petronas Dagangan Bhd, a Petronas subsidiary, is identifying new investment opportunities in South-east Asia in a move to widen its petroleum products market. Petronas Dagangan entered the Vietnamese market two years ago by supplying petroleum to local petrol stationsBernama - 241 words
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288 1994-12-30 18 MBT KUALA LUMPUR Chew Piau Bhd, a building construction company and Sitt Tatt Bhd, a diversified industrial gas manufacturer, are expected to form a joint-venture company next year to be based in Sabah. Chew Piau deputy executive chairman andMBT - 288 words
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346 1994-12-30 18 Bernama KUALA LUMPUR Hiap Aik Construction Berhad, which expects to be listed on the Kuala Lumpur Stock Exchange second board next month, is confident of achieving its estimated pre-tax profit of M 57.6 million (554.34 million) for 1994. On topBernama - 346 words
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395 1994-12-30 19 Lim Soon Neo - From Lim Soon Neo in HONGKONG THE Oriental Press Group, publisher of the English-lan-guage Eastern Express newspaper, yesterday reported an unaudited interim profit of HKJ216.6 million (5541.65 million), a drop of 15.3 per cent. However, for the six months to Sep395 words
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535 1994-12-30 19 Reuter SHANGHAI "Stir frying", the fast and furious trading style of manipulators on the Shanghai Stock Exchange, is about to be outlawed. Wealthy traders have applied the Cantonese cooking method, which uses smokinghot oil to heat food in seconds, to tradingReuter - 535 words
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446 1994-12-30 19 Reuter SEOUL The Seoul bourse, underpinned by brisk economic growth, abundant liquidity and an easing of the ceiling on foreign shareholdings, ended 1994 18.6 per cent higher than 1993 and analysts forecast it will do even better nextReuter - 446 words
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Article, Illustration51 1994-12-30 19 Reuter LONDON Solicitor Ronnie Fox trying out the "office on an arm", a complete communications console designed to keep businesses in touch with each other. The design concept was built by technologists at British Telecom to demonstrate how telephone, videophone, fax and computer can all come together.Reuter - 51 words
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280 1994-12-30 19 FT STOCKHOLM Nokia, the world's second biggest mobile telephone maker, yesterday agreed to sell Nokia Aluminium as part of a plan to focus the Finnish group on its fastgrowing telecommunications operations. The unit, with annual sales of about 300 million FinnishFT - 280 words
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186 1994-12-30 19 Bloomberg Business News MILPITAS. California Power Computing Corp said on Wednesday that Apple Computer Corp issued it a licence for the Macintosh operating system, picking the start-up company to be first to produce clones of Apple personal computers. Closely-held Power Computing willBloomberg Business News - 186 words
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FINANCE & COMMODITIES
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545 1994-12-30 20 Asahi News Service TOKYO Japan's life insurance companies, which as investors once dominated the international financial market, are facing their worst crisis since World War 11. Financial reports by eight big companies for the first half of fiscal 1994 showAsahi News Service - 545 words
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446 1994-12-30 20 Malaysia's long-term debt rating upgraded to A+, Thailand's to A Bloomberg Business News, AFP HONGKONG Standard Poor's Corp has raised the Malaysian government's long and short-term foreign currency-de-nominated debt ratings to "A+" and "Al+". The upgrade affected US$l.45 billion (SS2.I billion) in bonds ofBloomberg Business News,; AFP - 446 words
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Article, Illustration454 1994-12-30 20 FT LONDON A shift in the global pattern of steel production and consumption towards Asia and away from central and eastern Europe is forecast for the remainder of the *****. By the end of the decade, Asian countries will beFT - 454 words
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296 1994-12-30 20 Reuter MONTREAL The Montreal Exchange said it broke all-time trading records in both equity and financial futures markets in 1994. Total traded dollar value in the equity market reachcd a new record of C 532.21 billion (5533.51 billion), up 6.12 perReuter - 296 words
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97 1994-12-30 20 Reuter KUALA LUMPUR Malaysia's latex glove manufacturers are pressing for an increase in prices of latex medical gloves due to rising costs of rubber latex. The Malaysian Rubber Glove Manufacturers' Association said on Wednesday it recommended its members to secure a price increase ofReuter - 97 words
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406 1994-12-30 20 Reuter HONGKONG Hongkong's Top Glory Insurance, barely catching its breath after a bout of mud-slinging with a rival, is now dreaming of third place in life insurance business here. Insurance analysts say however it may be a long time before the unrankedReuter - 406 words
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Article, Illustration1251 1994-12-30 20 I rmde~»rtftkted index cakukued agaimi S'porir 'i tap 14 trading partner, Base year !9Si US$/S$ forward rates Noon Dec 29 ss BM Oder 1-momh ***** I.460S 2-nomh 1.4)71 1.4593 3-month 1.4567 I.45S2 6-month 1.4514 1.4534 Source: OCBC FOREIGN CURRENCY NOTE RATES As at Im m Dm 29 Singapore dollars to1,251 words
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293 1994-12-30 20 LONDON Oil futures were mixed after supplies of US refined products fell ahead of forecasts of freezing temperatures on the Eastern seaboard at the weekend and beyond. Changes in US inventory or projected demand levels usually impact international oil markets because the North293 words
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Article194 1994-12-30 20 Bloomberg Business News LONDON The dollar rose against other major currencies amid speculation that Wednesday's drop was overdone given the prospect for higher US interest rates. "A lot of investors feel the dollar is a good bargain at these levels," said a currency adviser. "The long-term outlook for theBloomberg Business News - 194 words
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Article91 1994-12-30 20 AFP NEW YORK The dollar was up against other major currencies in early trading yesterday as technical factors kicked in following the falls provoked by fears about the ramifications of the Mexican financial crisis. At 1510 GMT, the greenback was exchanging at I.SS2S marks against 1.544S at Wednesday'sAFP - 91 words
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COMMODITIES & FUTURES
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1335 1994-12-30 21 IT- t V !l ."'tf W* X..-. .i, -.>» Reuter SINGAPORE Simex Eurodollars were flat and Euroyen futures were firm at the close. Dealers said the liquidity continued to be thin because of the year-end holidays and trading was dominated by locals. A dealer saidReuter - 1,335 words
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679 1994-12-30 21 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures continued their uptrend and finished the day higher mainly on demand by Thai buyers tidying their books before the year-end. The overall sentiment, fired by a surge in Indonesian prices, remained bullish and could spill over into early679 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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63 1994-12-30 21 SEOUL Hyundai Group of South Korea will begin construction of a cold-rolled steel mill in mid-1995, adjacent to its car making plant in southern port city of Ulsan, a company spokesman confirmed yesterday. Hyundai is also searching for a site to build a63 words
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Article44 1994-12-30 21 TOKYO Japan's Hachinohe zinc smelter has halted operation after a severe earthquake hit northern Japan on Wednesday night, and highpurity 99.99 per cent grade zinc production will not resume for about two months, a company official said yesterday.44 words
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Article102 1994-12-30 21 NEW YORK Three-month LME copper broke through the psychologically important US$3,OOO (554,380) level in post kerb trading yesterday to reach U553,005, in activity related to the downturn in the dollar. Copper closed the afternoon kerb U5523.50 higher in London at U552,993, but it was a late102 words
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109 1994-12-30 21 HAVANA Cuba will close the year having sowed 269,629 ha of sugar cane, 33 per cent below the 404,444 planned, but 17 per cent more than in 1993, the Sugar Ministry's national agronomy director said. Lauro Fanjul told Cuban radio that 114,592 ha were109 words
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Article1361 1994-12-30 21 Rubber Singapore Camnodity Exduwgs (Mm dating m at 5.3tpa) RSS 1 Contract (S cents/kg) Clote Volume Open Month High Low Sett (tonnes) Interest Jan 95 I I 229.50 75 300 Feb 232.00 232.00 231.00 125 1175 Mar 229.50 229.50 233.00 50 4175 Apr/Jun 231.50 231.50 234.00 75 *****1,361 words
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REGIONAL STOCK MARKETS
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Article1118 1994-12-30 22 -2.7 The Australian share market closed slightly down yesterday, losing 2J points as late sentiment mirrored Wall Street. On the second day back after the four-day Christmas break, the leading market indicator, the All Ordinaries Index, closed 2.7 points weaker at 1.932.8. The All Industrials Index ended 4.3 points1,118 words
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Article702 1994-12-30 22 +8.03 The Philippine stock market ended marginally higher on the last trading day of the year yesterday as the holiday mood continued to dampen sentiment. analysts said. The PSE Composite Index climbed 8.03 points, or 0.29 per cent, to close at 2,785.81. Week on week, the index was almost702 words
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Article618 1994-12-30 22 +79.6 The Taipei bourse yesterday regained momentum across the board on bargain-hunting, with all eight major categories of shares posting gains, dealers said. The 405-issue Weighted Price Index recovered 79.6 points, or 1.14 per cent, to settle at 7,027.43, following a 35.08-point drop the previous session. Turnover expanded with618 words
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Article329 1994-12-30 22 Seoul d*c n vsowoo) +/T* Ankuk liruiancT *****0 unch Aui Cement 394 00 +12 00 Bill Yang I2t500 »00 Bank Of Ok iu IM 00 5 00 Bank Of Pman 2*2 00 BooKook ***** 100 ByyckSaa 179 00 -7 00 hnl Svnthc Teu 52JOO -POO C honj Kun Dan» *45329 words
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Article373 1994-12-30 22 -10.45 New Zealand stocks fell, led by forestry and energy group Fletcher Challenge Ltd as investors worried a strike by its Canadian workers may last weeks, traders said. Trading was minimal because most market participants are on holiday. Trading yesterday was NZ$2O.5 million compared to NZ$l6.5 million on373 words
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WORLD STOCK MARKETS
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Article655 1994-12-30 22 -30.2 EQUITIES finished broadly lower as a weaker bond market and mixed Wall Street prompted some mild profit-taking. Dealers said the post-Christmas thin trading conditions exaggerated the downturn. "No one's doing anything. We're only about one third staffed this week and most investors are still off. Those who are655 words
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Article163 1994-12-30 22 -33.68 French shares extended their losses as debt markets fell deeper into the red on US statistics which showed a 0.3 per cent rise in November leading indicators. Analysts had expected no change in the indicators. The CAC-40 Index closed down 33.68 points, or 1.75 per cent, at 1.894.15.163 words
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Article216 1994-12-30 22 -30.06 German stocks plummeted 1.52 per cent on concern the dollar may fall further and hurt export stocks. On Wednesday, the dollar lost three pfennigs against the mark. It has since recovered half of that, but investors are still anxious. "There's fear it could go down further." said a216 words
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Article173 1994-12-30 22 •10.09 Belgian shares ended its last trading day of the year lower. in line with other foreign markets and depressed by the lower dollar and a sharp fall in bond prices. The Bel-20 index closed 10.09 points lower at 1,389.64 on volume of 1.13 billion francs worth of shares173 words
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Article130 1994-12-30 22 -98 Italian shares lost ground in thin trade as the weakness of foreign bourses and an extension of the profit-tak-ing that set in on Wednesday depressed values. Today could see some late rally as institutional investors make a last minute attempt to improve their portfolios, provided there is no130 words
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Article204 1994-12-30 22 -0.36 Dutch shares ended 1994 barely changed from the start of the year as a fall in German bund futures tipped stocks into negative territory. The AEX Index closed down 0.36 points at 414.47, near its 1993 finish of 414.27. Amsterdam Dec Kl» ABN Amro 40 JO -.4 Acfon204 words
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Article144 1994-12-30 22 -4.30 Swedish shares closed weaker in thin, holiday trade. Rising debt market yields together with sliding foreign bourses accelerated the fall. "Shares firmed slightly by midday but activity was low," a broker said. Falls by telecoms group Ericsson and drugmaker Astra also hurt sentiment. Astra's A fell 2.50 crowns144 words
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Article264 1994-12-30 22 -27.4 Swiss shares ended lower as bonds weakened. The release of US data triggered further losses. US November leading indicators rose 0.3 per cent against a consensus forecast of unchanged after a 0.1 per cent drop previous month. Weekly jobless claims came in at 322,000, down from the previous264 words
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Article702 1994-12-30 22 Britannia Funds Sterling Cash BW Oiler Mim Cap Deposit 38 6400 31 6500 Mim Jersey G* .0.18*3 0 IW2 Mim Mat Income ****** ****** I S$ Cash Iikuim Plus fund <>4400 *****0 PS S Rnmt Fund 5 3300 5 MOO Sterling t^4fnit> Euro Performance 0.4592 0 49*8 Far East Fund702 words
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Article309 1994-12-30 22 14.2 Profit taking and an easier gold price bumped South African shares off their earlier highs in quiet afternoon trade, said dealers. "If gold manages to hit $384 overnight it will be a confirmation of the trend and there will be a lot of activity," said a dealer. The309 words
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Article258 1994-12-30 22 -9.16 Stocks weakened in early trade, depressed by softness in transportation, real estate and financial services. Traders believe the market may recover to close in positive turf but think it will stay very quiet. "There were more people here yesterday than there are today and there's more people here258 words
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Article732 1994-12-30 22 +2.69 The Dow Jones Industrial Average, which retreated 22.20 points on Wednesday, was ahead 2.69 to 3,842.18 at 11am EST. The key barometer was off 0.34 shortly after the market opened. The NYSE Composite Index was ahead 0.21 to 251.50, while Standard Poor's 500-stock Index was up 0.38732 words
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Article, Illustration2874 1994-12-30 23 Bloomberg Business News HONGKONG Stocks fell for the third successive day amid expectations of higher interest rates and as the December Hang Seng Index futures and options contracts expired yesterday, brokers said. The Hang Seng Index dropped 72.20 points to 8.196.02. The All Ordinaries Index ended down 30.17 atBloomberg Business News; Source: Bridge Info - 2,874 words
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Article, Illustration568 1994-12-30 23 CLSA H SHARES ended lower yesterday. Selling pressure came mainly from overseas institutional investors wjth Japanese funds the major buyers. The H Index fell 0.4 per cent on turnover of HK»6S million. The Shanghai B market saw depressed trading on volume of US$l.65 million, with the index dowm 0.8CLSA - 568 words
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Article, Illustration2509 1994-12-30 23 Bloomberg Business News TOKYO Stocks rose to their highest levels in almost two months yesterday as the promise of economic recovery in Japan offset concerns about the impact of a weaker dollar on the nation's exporters. "The general panic at the opening was negated," said a trader. "Corporate earningsBloomberg Business News; Source: Bridge Info - 2,509 words
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Article, Illustration1626 1994-12-30 23 Reuter BANGKOK Stocks closed lower on light selling across the board after falls of key foreign markets and the announcement of a Thai import tax cut in many categories. The SET Index closed 10.35 points lower at 1,352.89 on 7.06 billion baht turnover. Falls led rises 173 to 102.Reuter; Source: Bridge Info - 1,626 words
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Article2080 1994-12-30 24 Gr Cr i \o| a,. LMt (JmM Dt* IX» YU Net MC« High Lmm Cw Sale (WO) Mick Low B»>er Srfter Cw P/E S«M MALAYSIAN STOCKS 39. 160 m AlSBSOc 276 cd -4 63 2M 274 274 277 JO -19 0 3 21. J 206 105 m AMD62,080 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6263 1994-12-30 24 Bloomberg Business News KUALA LUMPUR Stocks fell for a fourth day as investors concerned about rising interest rates held on to their money on one of the least active trading days of the year. Dealers stayed at home to enjoy theBloomberg Business News; Source: Bridge Info - 6,263 words
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STOCK EXCHANGE OF SINGAPORE
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Article7586 1994-12-30 25 Gr G« M Wt 1994 La« V*i Day Laat QMa Dt» DK YM I'M Cap Avg High Lmm C«m Sd* OH*) Hi|k La. Buyar Safc. Cw HI W Na fgXftTMAL AND COMMERCIAL 720* 417.5* ml > Aetna 30c 476 -2 It 410 476 474 47* It 4.7 0.9 13.2 tS127,586 words
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Article, Illustration1835 1994-12-30 26 R Sivanithy - By R Sivanithy SINGAPORE Stock prices fell across the board in dull and featureless trading yesterday, though last-minute win-dow-dressing ensured the Straits Times Industrials Index finished in positive territory. The index opened weaker and spent almost the entire day below its Wednesday closeCharts by Bridge Info; Source: Bloomberg - 1,835 words
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Page 17 Advertisements
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Advertisement219 1994-12-30 17 NEWS VALUE Isetan interim loss doubles to $7.4 m despite soles rise (pg 1) Looks like the fortunes of retailers are going to get worse before they get better. Approved investments in Philippines surge by four times this year (pg 3) Philippine stocks deserve a closer look. Pacific Century Regional219 words
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Page 19 Advertisements
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Advertisement289 1994-12-30 19 HP HI fXI HOUSING DEVELOPMENT m LS=U BOARD <1 DEVELOPMENT SITE FOR I SALE BY TENDER ft The Housing Development Board, on behalf of the Government of the Republic of Singapore, is inviting offers for lease by public tender the LAND PARCEL HOUGANG S9. THIS 17,012.1m 2 -LAND PARCEL COMPRISES289 words
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Advertisement22 1994-12-30 20 For information on wtttro to buy your copy of: Her World, Qo, Sngapof* Horn* g Oocor Young Parents c«| our' SS&ar 822 words
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Advertisement69 1994-12-30 21 Financial News A Quick Look At The I I Markets I Call 24 hours a day for I I SES KLSE midday I reports, dosing I I market reports and business news. Cost: 30 cents a minute HHMne An SPH AudioTex Service Find a new owner for your apartment Make69 words
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Advertisement44 1994-12-30 21 The Tokyo rubber and gold markets were dosed yesterday. As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. I HMH 1 mJfTnfTwnmSm B a 1 1 HSSffffSff/fIBH > "B tS* $H| acting ad. CA.TA|44 words
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Page 22 Advertisements
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Advertisement19 1994-12-30 22 The Seoul and Bombay stock markets were closed yesterday. oWmvS&yjA ROLEX I W' I AT ROY EASTERN WATCH jg*19 words
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Page 23 Advertisements
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Advertisement64 1994-12-30 23 'INVEST' antique j ESTATE |j -YOUR NEXT WATCH- WATCHES PAT^^nUPPETIM^P/ECES now available in limited numbers. I i STOCXBTGF; MANURUTURING JEWELLERS SINCE lflf I wracpHnipre9 ANY SHAPE SMALL TO LARGE Shangri-La Hotel Arcade, CHRONOGRAPH Singapore Tel: iHMNmMHNHNMMMMMHNHHHHMRMHHI x The Jakarta stock market was closed yesterday. PORT SHOTS The latest in sea,64 words
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Page 24 Advertisements
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Advertisement17 1994-12-30 24 —1 THE REVERSO DUO. IMPECCABLE CRAFTSMANSHIP WHICHEVER WAY YOU LOOK AT IT. KEVERSO. AVANT-GARDE SINCE 1.9*1. W17 words
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Page 25 Advertisements
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Advertisement24 1994-12-30 25 PERFORMANCE FROM AN ALL-TIME CLASSIC rmSB LS3/5a Universally acclaimed as THE reference for miniature loudspeaker systems OWO KM MONO m IT© I* 4**ol*4* MB24 words
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Page 26 Advertisements
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Advertisement393 1994-12-30 26 LEE KIM TAH HOLDINGS LIMITED (Incorporated In Singapore) LOST SHARE CERTIFICATE Certificate no. *****1 for 20,000 shares in the name of Tay Wong Kin has been reported lost, destroyed or mislaid. NOTICE IS HEREBY GIVEN that new certificate will be issued and the above original certificate will be deemed duly393 words
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Advertisement245 1994-12-30 26 MTHE MATTER OF THE COMPANIES ACT (CAP. 50) ANO IN THE MATTER Of MAESTRO DEPARTMENTAL COMPANY (PTE) LTD /l— n,„||| ~a l/nliinteni (Hi MfriWrl VOaUiuftry Liquidation) NOTICE OF FINAL MEETING Of MEMBERS NOTICE IS HEREBY GIVEN that pursuant to Section 306(1) of the Companies Act Cap. 50, a Final General245 words
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Advertisement588 1994-12-30 26 NOTICES ANNOUNCEMENT BY CITICORP INVESTMENT BANK (SINGAPORE) LIMITED ("CITICORP") ON THE INTEREST PAYABLE BY CITICORP UPON THE 5560,000,000 FLOATING RATE NOTES DUE 1997 ("NOTES") ISSUED BY JADEVINE LIMITED. Pursuant to the Endorsement by Citicorp on each Note, Citicorp hereby gives notice to the bearers of the Notes that, in respect588 words
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Advertisement341 1994-12-30 26 M THE MATTER OF THE COMPANIES ACT, CHAPTER 90 GS J DIALYSIS CENTRE PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 300 Orchard Road *05-07 The Promenade Singapore 0923 on 23 December 1994 the Mowing resolutions were duly passed 1. SPECIAL341 words
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Advertisement335 1994-12-30 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER St) AND IN THE MATTER OF SUNWAY INVESTMENTS PTE LTD < Incorporated in Singapore) (In oluntary Liquidation) Al an Extraordinary General Meeting of the members of Sunway Investments Pie Ltd duly convened and he Id at 21 Senoko Drive. Singapore 2775 on335 words
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Advertisement225 1994-12-30 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of SEAFtX SHIPPING PTE LTD (M CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Cap. SO. thai the FINAL MEETING al tha mam bar* and credNors of tfw225 words
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Shipping Times
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381 1994-12-30 27 Ramesh Divyanathan - By Ramesh Divyanathan SINGAPORE The world demand for product carriers is expected to continue growing despite a heavy backlog of new orders. Lloyd's List says. This is good news for Singapore's shipyards, many of which are looking to build more product carriers381 words
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385 1994-12-30 27 Reuter WASHINGTON The United States on Wednesday succeeded in imposing tough, new anti-pollution rules on the world tanker industry, apparently without causing threatened disruption to its oil supply. The Coast Guard reported no major problems on the first day of aReuter - 385 words
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134 1994-12-30 27 AFF HONGKONG The 430 million yuan (Ss74 million) redevelopment of Zhanjiang port in southern China's Guangdong province has been finished, and the port can now handle up to 50,000 tonnes of cargo at one time, a press report said yesterday. The South China Sea portAFF - 134 words
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193 1994-12-30 27 Reuter AMSTERDAM Amsterdam is aiming to grab a bigger slice of the rapidly growing cruise shipping market with a 30 million guilder (SS2S million) overhaul of its 40-year-old cruise terminal in the centre of the city, a spokesman said on Wednesday. "We intendReuter - 193 words
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1067 1994-12-30 27 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 Ahlcrs Line 13 5 Ahrenkiel 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 Astro1,067 words
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207 1994-12-30 27 HONGKONG Member classification societies of the EEIG Unitas have announced the completion and release of the new Rules for High-Speed Craft, the South China Morning Post reported on Wednesday. This follows the adoption of a new Chapter 10 to the Solas Convention by the207 words
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244 1994-12-30 27 Reuter CHICAGO This year's record US grain and soy crops coupled with competition from non-agricultural scctors drove transport demand to levels not seen in decades, and industry sources say 1995 needs will be even greater. "We're looking into 1995 rate structure, andReuter - 244 words
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Article1193 1994-12-30 28 FREIGHT rates eased again sending the Baltic Freight Index (BFI) down by four more points on a lack of new fixtures that several shipbrokers said was just a pre-New Year lull. The BFI ended at 1,972 as it extended a decline from its December 13 all-time high of1,193 words
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Article, Illustration1049 1994-12-30 29 Andrew Foxcroft - Andrew Foxcroft reports on a global survey of ship-to-shore container cranes Andrew Foxcroft Faster-rated units, of post-Panamax size, are becoming the norm for container port operations. This is the most important finding to emerge from the The Ship-to-Shore Gantry Crane Market study recently published by Containerisation1,049 words
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Article13003 1994-12-30 36 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. LE6CNO PN: ship calls at Penang after it leaves Singapore: PK: ship calls at13,003 words
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SHIPS IN PORT
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Article725 1994-12-30 39 Vmiri Voy Wo Both Arrival Departure ft, *>.*-* JO 12 ?300 B>yo Maru 117 Jonpjde 301? 0600 Da Gum 121 *o<v* 3012/2300 Lion Vaour 120,21 aonjwJe 30 12 0800 Smr Balam IS 10 30 12, 2300 Swraws* II) 16 3012 2300 SwM Pacific 12 alonrde 3012,0800 lema725 words
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Article1351 1994-12-30 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From to Dusy 0606 30 2359 IB 29/1500 29/1659 29/1900 28 29/1/00 30 0659 30/0900 3 30/0700 30/1159 30/1400 toUac 039* *****0 3 30/0/00 30/1159 30/1400 4 30/1200 30/1459 30/1/001,351 words
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AIR AND LAND TRANSPORT NEWS
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357 1994-12-30 46 Bloomberg Business News WASHINGTON The airline industry marketing tactic of listing multiple carriers for the same international flights benefits travellers and US airlines, the US Department of Transportation said. In a study released on Wednesday, the DOT found that the practice, known asBloomberg Business News - 357 words
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216 1994-12-30 46 Bernama PHNOM PBNH Royal Air Cambodge. which last flew in the *****, has been revived and will take to the skies on Monday. This follows the signing of" four agreements between Malaysian Helicopter Services Bhd (MHS) and its 32 per centBernama - 216 words
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215 1994-12-30 46 Reuter JAKARTA Indonesia's plan to build a rapid transport system to ease chronic traffic congestion in Jakarta will cost US$l billion (551.47 billion) and has already attracted keen foreign interest, the Jakarta Post daily reported yesterday. The newspaper quoted Research and TechnologyReuter - 215 words
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Article, Illustration591 1994-12-30 46 Reuter TOGLIATTI, Russia The Berlin Wall fell, the Cold War ended, Mikhail Gorbachev left the world's political stage. But Ladas had more staying power. Since its creation in 1967, the AvtoVAZ factory- has produced about 15 million Ladas. It is still churning themReuter - 591 words
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129 1994-12-30 46 AP DETROIT Automakers built 12.2 million vchiclcs in the United States this year, exceeding Japan's production for the first time since 1979. according to estimates by an industry journal. The year-end US estimate by Ward's Automotive Reports compares with Japanese pro- duction ofAP - 129 words
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Article1460 1994-12-30 46 Crtj FMrt ETA Fig* CTP Aim PkaM GA976 2355 Adatekia QF81 1930 Qf82 2050 SQ227 2230 AmtenUm KL837 1540 KL844 0115 SQ323 1710 GA970 2310 KL838 2335 SQ26 2355 Awcfcarag SQ7995 1820 Athens SQ348 2250 Auckland NZ73 1550 SQ285 2045 SQ288 2035 SQ7296 2105 BA12 22001,460 words
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LOG BOOK
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85 1994-12-30 46 Reuter HOUSTON Continental Airlines Inc on Wednesday said it will discount its regular seven-day advance purchase fares beginning yesterday. Continental said tickets for travel within the US and for flights to destinations in Mexico, the Caribbean and for transatlantic travel to London, Paris, Frankfurt andReuter - 85 words
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66 1994-12-30 46 Knight-Ridder LONDON The 30,403 dwt Flag Williams will be towed to Valencia after the vessel was reported not under command on Dec 25, according to Lloyd's Intelligence on Wednesday. A tug is close to the vessel and another is enroute. The Flag WilliamsKnight-Ridder - 66 words
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76 1994-12-30 46 Knight-Ridder LONDON The 36,138 dwt bulk carrier Sithea is enroute at half-speed for Honolulu to effect permanent repairs, according to Lloyd's Intelligence on Wednesday. The vessel, carrying a cargo of alumina, was reported disabled and adrift on Dec 25. Crew managed to effect temporaryKnight-Ridder - 76 words
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44 1994-12-30 46 Reuter HONGKONG The East Asiatic Co (Hongkong) Ltd yesterday said it had appointed Terkild Terkildsen as an independent non-executive director of the company with effect from Dec 23, 1994. East Asiatic is a shipping and wholesale group. ReuterReuter - 44 words
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Article56 1994-12-30 46 Knight-Ridder COPENHAGEN The Russian vessel Fortuna left Denmark's Fredericia harbour on Tuesday after being immobilised for several months due to a pay strike among its crew, and safety problems. A shipping source said the vessel had been purchased by an unnamed Indian businessman, who had ensuredKnight-Ridder - 56 words
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99 1994-12-30 46 Bloomberg Business News LONDON First Choice Holidays, a UK travel company, is talking to German bank Westdeutsche Landesbank about a boardroom change, the Financial Times said in its Tokyo edition yesterday. Among the options is the resignation from the board of Christopher Rodrigues, the chiefBloomberg Business News - 99 words
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Page 27 Advertisements
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Advertisement22 1994-12-30 27 «SHIP LASHING MATERIALS SPECIALIST MINTERMARINE SUPPLY CO. (PTE) UD N0.7, Bukrt Batok Street 22, Singapore 2365. T«: 563 3488 Fax: 563 681122 words
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Advertisement25 1994-12-30 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-209025 words
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Advertisement198 1994-12-30 27 the FAMOUS CillßOPf KE9M3 224 1833 For more information plea»e refer to Pg. 13 Ports spark post-Panamax boom, Pg 3 US transportation dept backs airline code-sharing, Pg 20 9sim\ Merry Christmas. We m J Y wish you a Merry m a k Christmas. We wish /I I/\ MM 'J you198 words
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Page 28 Advertisements
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Advertisement1719 1994-12-30 28 zipmT,,,, izfpmj:*,,. mport» import, m imWmMHMCa I OTMB MSTIHATIQH6 I I HWtTH «MtW£AJ l T fg q X> —Vo kait coaJ¥ ioimi Mmti ftftvra wnoawm CMwmm ixpiw (Qwoct from wirr coat) i LA j OA* VCR |KA I DM. I HOUSTOmI CHK NY I MEXICO CITY VESSEL I STORE BUENOS1,719 words
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Page 29 Advertisements
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Advertisement1594 1994-12-30 29 OOCL (St PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. CANTONMENT ROAD. 12-05 SOUTH POINT. SINGAPORE 0208 JAVA TEL: 03-754J7776 FAX: 03-*****42 CFS: 03-*****42 I CR NUMBER: **********0 C Ifh DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) '«*< TEL. *****3/4 FAX. *****6 CgIOMERSEHVCe T|L:3|»™M2«,.WM.9J 2S EgfSlw S «TLO7. ES SitSSSf'1,594 words
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Advertisement624 1994-12-30 29 ANLu IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) FROM AUSTRALIA (EAST COAST) *s»i,voy Si r*G icr bm in meb bub hm *mu»oy me syo i« mm mob kt serlnu k. M/STKM.M 505 21/12 23/12 03/01 10/01 10/01 AUSntWW 57* *7/12 13/12 20/12 31/12 01/01 A. CON* 105 02/91 00/01624 words
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Page 30 Advertisements
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Advertisement1438 1994-12-30 30 AQABA ROAM/ [i VESSEL VOY NO SPORE JEOOAH (VIA JED) STON H BURG A WERP HAVRE EESEN EXPRESS 09/351 31/12 9/1 16/1 IBM 21M 23/1 25/1 LA SEINE ***** 4/1 21/1 24/1 22/1 HOECHST EXPRESS 18/352 7/1 16/1 23/1 25/1 28/1 30/1 1/2 KITANO 07/101 11/1 28/1 31M 29/1 STUTTGART1,438 words
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Advertisement440 1994-12-30 30 IS' pore P.Kelang Loading lot CELTIC 2/1 4/1 Rdm/Atw/UK/Nantes I WORLD ARES 6/1 8/1 Rdm/Atw/UK/Nantes 'Loads E./W. Malaysia. Indonesia H I Loading for ENERGETIC Dubai/Bahrain/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba H •Loads Singapore. E./W. Malaysia, Indonesia I Loading for DONA V Los Angeles/New Orleans/ Charleston/Nortolk/Camden OCEAN EVER Los Angeles/New Orleans/ Charleston/NorfolK/Camden440 words
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Advertisement530 1994-12-30 30 NOR ASIA WISHING ALL CLIENTS AND BUSINESS ASSOCIATES A PROSPEROUS HAPPY NEW YEAR 5 PORE GENERAL AGENT: NORASIA A6ENCIES (S) PTE LTD ALSO ACCEPTVIG LCI TO: HI: *****83 FAX: *****90 CR NO. **********00 VBIICI/TJICSTI/ANCO#»A/All]tfl!MlA/PO*T THAILAND AGENT :PS AGENCIES CO LTD TEL: 082-2S2I9SS SAB/PWAEUS/VWiTTA/BARCIIONA 8 VMENCM INDONESIA AGENT pt haluan selatan530 words
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Page 31 Advertisements
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Advertisement1855 1994-12-30 31 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 New GUINEA PACIFIC LINE (a service of china navigation co> CARGO MJI SMS STRUTS VENTURE Wit Muaa. Lab 03 lan 04 lan 05 lan FC I. LCL CONTAINER and BREAKBULK SERVICE TO1,855 words
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Advertisement2078 1994-12-30 31 W 9 Singapore Agent: KXjI 1 I AflFO P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. #07-01 keppel Towers, Singapore 0208 First Class Connections WORLDWIDE rn "ll"\],mo .^f 4 PNOCSP F 225 5327/222 7517 EXPORT VESSEL VOV 'Nt 'PKQ MN~| SOU ANT HOT HAM OOT ME LEH VESSEL2,078 words
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Advertisement291 1994-12-30 31 fit FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 02/01 ROTTERDAM 02/01 AARHUS/COPENHAGEN 02/01 HAMBURG/BREMEN 02/01 MARSEILLE/FRANCE 04/01 FELIXSTOWE/UK 02/01 BARCELONA/SPAIN 06/01 LEHAVRE/FRANCE 03/01 GENOA/ITALY 31/12 ANTWERP/BELGIUM 03/01 LOS ANGELES/WC/IPI 31/12 SYDNEY/MELBOURNE 03/01 NEW YORK/EC 31/12 FREMANTLE/ADELAIDE 03/01 VANCOUVER 06/01 BRISBANE 03/01 TORONTO/MONTREAL291 words
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Page 32 Advertisements
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Advertisement506 1994-12-30 32 •A* JOINT VENTURE Viy SAMUDERA INDONESIA QIP RICKMERS SINGAPORE CHINA GREEN EM VOY 3NB 5 JAN QMGDAO DASA SEPW.UH VOY 3NB 29 lAN XINGANG INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. P GUDANG, BELAWAN. TG MAN XIAMEN ZHANGJtGANG UTAMA HARTA If P WEEKLY FULL COHTAINERSHtP FEEDER VESSEL NAME VOY SIN506 words
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Advertisement1194 1994-12-30 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FMVSI SIH lII* HAIA. SEA TO fOX F« Wl SM |UN HM SA¥ IM HYC HMUN HAMBURG 0201 1/1 DKCT 19/1 20/1 21/1 MAW* MAAN 15* 1/1 H. PORTUND 00* 2/2 1/2 5/2 HARM SINGAPORE 01ft1,194 words
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Advertisement1231 1994-12-30 32 i d -TrH "1 d c <-.« ng *ig pus mi o» net as tyo uu cm mi rtc uw mm w t* k n oi m scp I i t/! J*' 1 17/1 11/1 l»/i 20/1 21/1 1/2 M/ 2 IC/2 17/2 27/2 21/2 1/3 2/J J/3 13/3 I1,231 words
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Page 33 Advertisements
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Advertisement2871 1994-12-30 33 NOW VARNA (BULGARIA) COHSTAHTZA (ROMANIA) VIA UMASSOL 3 SAILING rai MONTH 6—ra< AgomH: T* IGmral): *****00 SaMfMtMc Agfcy Omp*: >/<CTiO CUiOßlur DTC irn fax (C*n*r»ll: *****66 CMtalMf.' «05« l/»« CxU/ntf J« OA: *****02 OparaMaa— CMlatoir 4»971S COSTAR SHIPPING rlt LID ra#ax: ***** COSHIP C——«—at *****50 O/O: *****85 CaawMaaat: *****44 SMm2,871 words
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Advertisement1034 1994-12-30 33 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHI ftH IQH SIN HUG MO lAI KEE HOB OS* MOJ BUS MAN HAI 216 NOIO 2V12 26/12 28/12 30 30/12 03,01 04/01 06/01 1/SwMO 10/01 11/01 13/01 U/01 NCOSIA NO3B 28/17" 29/12 31/12 0102/01 06/01 07/01 IN/01 11/01 16/011 17/01 18/01 St* RAN«R NO4S1,034 words
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Page 34 Advertisements
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Advertisement1151 1994-12-30 34 zzzzrt z7z i? 1 111 l I I l M 5"! =5i fl vt—gL vov sin pen Wn H IBWA BHUM ll® £d—!e_?L _!•*—S£l_ f| sim bhum 470s Fri lin pi Sat 31/12 M VESSEL VOY SN BKK jHAJRAjHUM MS Sat_ Jl/12. _Tua_ _3/1_ f SMI BHUM MoT M™ Wad1,151 words
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Advertisement1145 1994-12-30 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORTKLANG PENANG I VtSStL *9! 5? P*L VESSEL vor I St) PEN StA LAURtI 348N n/12 (IWtO) 30/1? (HI) MCC CONVEYOR 4005 2//12 (lUE) 30/12 (FB) StA LAURtt 349N 01/01 (StW) 02<01 MOW) XOOfi lAYA1,145 words
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Page 35 Advertisements
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Advertisement558 1994-12-30 35 n I =ACLe OUR RESOLUTION FOR 199s IS TO serve L BETTER (CALL *****21) ft i v y MALAYSIA SHIPPING CORP. SDN. BHD. L (PENINSULAR/EAST MALAYSIA/BRUNEI SERVICE) VESSEL VOY SIN PKG PGU KCH BTU SBW BKI MUA LBU SDK TMJ KRIS TERASEK 9437 27/12 26/12 27/12 31/12 3/1 BUNGA PENAGA558 words
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Advertisement965 1994-12-30 35 «SSILS MT SM 11 HAVtt HAMBURG THAMES ROTTERDAM ANTWERP VB.LE M VtlA VO6W 88/01 27/81 29/01 31/01 01/02 02/0? MILE DC TITANA TO7W 14/01 01/02 03/02 95/02 ot/02 07/02 WILE Ot TI)CANA UO7W 19/01 08/02 10/02 12/02 13/02 14/02 WLIE PC LHA LO7W 15/02 17/02 H/02 20/02 21/02 •ALSO ACCEPTMG965 words
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Advertisement591 1994-12-30 35 BSA 4 M MYANMA WmL five star line V (Myanmar National Lm«) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdj HP* V2O6W In PI AVA *131* 26/2S Dm 30/01 Jan SAGAING V3BW 22/24 Ok PAGAN ¥216* 27/29 Dec MALAYSIA AGENTS: BOUSTEAD SHPPING AGENCCS KUL: TEL 02-03-*****00 Ml: TEL 02 03-36*6767591 words
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Page 38 Advertisements
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Advertisement1784 1994-12-30 38 FROM EUROPE HIS 1m I ft» MOW* I STORE lUH RTM MM B*H HI wi m STQK ft FUMW Mg a*w_iw r«_ Kt aw 42W/4W HW liiT mmSm lUrinr liol iioi iioi iFoT 10.01 iw mi? 2112 0201 0101 Q7.oi »»t tat/MM 4210/4710 31.12 31.12 ND EUROPE 2474 03.01 21011,784 words
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Advertisement424 1994-12-30 38 ASlfl' HKG/TWN/BKK GENOft/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 30/12 31/12 1/1 HKG/BKK/KEE/KHH Genoa/Barcetona/Marwiles 29/1 30/12 31/1Z j 2/1 3/1 4/1 HKG/BKK/KEE/KHH G'burf/CTiaien/S'hohn/Oslo 1/1 2/1 3/1 6/ vmc to'-' "/l 2 1 n 30m 31/12 1/1 SHANGHAI/DALIAN I JPW/KOREft MflWlLfl I I »I»«H/8EUHG Manda/Cebu 28/12 29/12 30/12 I424 words
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Advertisement789 1994-12-30 39 MEDITERRANEAN FAR EAST SERVICE EXPORT: TO E/W MED IMPORT: FROM MED/EXPORT TO FAR EAST] gag. mme hot w_ m n tm m ur ros k» rc ml rem mm wt hp hk no no DO COWM MK4H* 31/17 05/01 14/(1 1«/(1 M/ 01 23/01 24/(1 21/01 *,01 (2/(2 MOM UOTMM789 words
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Advertisement258 1994-12-30 39 I VESSEL VOV SIN MAA SIN I TIGER CAPE OI2N 31-01/01 06 15/01 TIGER BRIDGE 313N 0405/01 10-17/01 22-23/01 TIGER BAY 126N 13-20/01 25 26A) 1 TIGER SPEED 314N 12-13/01 18-24/01 29 30/01 TIGER ISLAND 127 15-16/01 (FOR DISCHARGE ONlvfl CAPE HERMES 204N 17-18/01 23-29/01 03-04/02 I VESSEL VOY SIN258 words
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Advertisement379 1994-12-30 39 Pl DONGN AM A LINE COffTAHPtttiP SERVICE BTMfTWW/IHC/MW wssu (IBS) scr m k« pmg mc osn mm 12; II 04 01 K/tl 07/01 li/OI 11/11 mSBU Wl« 11/11 12/01 11/01 21/11 21/01 smoioc rum worn li/oi u/ii 11/01 21/01 M/ 01 02/12 WW mil 21/01 21/91 21/01 01/02 01/02 ——I379 words
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Advertisement429 1994-12-30 39 ■^^^RICHnE^MEKS^SSSIESCsTpTESo UTEL: *****33 (12 Lines) FAX: *****15/*****03 HSU TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E PE\ ETHIOPIAN SHIPPING LIMES f' (National Lines of fthiopto) ACCEPTING FCL AND CONVENTIONAL Vassal Voy ETA Loading For Spo-e Abbay Wonz 42W8 25/01 Mombasa. Djibouti Assab. Massawa Abbay Wonz 43W8 28/03 Mombasa. Djibouti429 words
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Page 40 Advertisements
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Advertisement1619 1994-12-30 40 mamsnmmi YOUR GLOBAL CONNECTION Vessel Voy ETA 6TO DESTINATIONS Next week MCKINNEY MAERSK V 9602 CFS 02/01 2360 HRS OAK LGB SFO MEM ATI MIA CHS BAL PHL NYC TOR MC KINNEY MAERSK 9502 03/01 04/01 21/01 23/01 22/01 21/01 27/01 31/01 02/02 03/02 06'02 ob/02 07/02 METTE MAERSK 95021,619 words
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Advertisement679 1994-12-30 40 IF H AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Alma Ata, Ashkhabad, Baku, Dushanbe, Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, Sochi Novosobirsk, Tashkent, Tbilisi, Vladivostok, Vostochny, etc. N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ville De Vela V.O6W 05/01 20/01679 words
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Advertisement750 1994-12-30 40 IE SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 Tel: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA 5 SLGS/WEEK IHlhFJsyA'f 3 SLGS/WEEK VESSEL VOY SIN JAK VESSEL VOV SIN SUR TWADIKA 1060 IN PT 01/01 (SUN) SAMUDERA THAI750 words
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Advertisement671 1994-12-30 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCtPTM BKMBU.K/SOC CMGOCS 10 FROM KOK. YOKOHAMA. NAGOYA. MOIL TOKYO*. MANIA*. DAVAO*. Penanf* P. Kelanf Srppore E'Msu* KAMALEVERETT V24E 15/16 Jai 17/11 Jan KARABfVERETT V2IE 11/19 F«b KAMALEVERETT V2SE 12/13 Mar ACCtPTMG BKAKBU.K FCL/SOC CARGOIS 10 FROM CHTTAGONG, CALCUTTA AND MONGLA* Smjipore P.671 words
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Advertisement169 1994-12-30 41 It* GIQWY MVKATHM CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 26/12 1/1 3/1 5/1 GLORY SELATAN X 3/1 10/1 12/1 14/1 SIN KOMPONG SOM GLORY SELATAN VIII 2/1 5/1 SINGAPORE ASEAN TO169 words
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Advertisement542 1994-12-30 41 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vessel r M wT' ST KARAO*™™ MAKRAN 153-HW <tt/01 M/ 01 BOLAN 144-HW 12/01 22/01 KYDtMBAO 137HW 07/02 17/02 SAR6OOHA 157HW 21/02 02/03 *U ML CMI Ml MMCI to lOUCOMT FAR EAST CONTAINER SERVICE ONLY vessel VOT law Iks Ibsn542 words
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Advertisement673 1994-12-30 41 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSCL/VOV ETA SIM ETA MAA MV TIGER CAPE V.012N 31 01/OI 06-15/01 MV TIGER BRIDGE V.313N 04-05/01 10-17/01 MV SEA DRAGON V DRGO37 OA 05/01 10 11/01 MV.PRAVO4NSKV.iI 04 OS 01 10-11/Ol MV BONGA TERATAI V TERO2S 05 06/01 1112/01 MV. PESTOVO V673 words
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Advertisement299 1994-12-30 41 SIN FAR EAST 3/1 KEELUNG/KAOHSIUNG 1/1 BANGKOK r 1/1 MANILA/CEBU 1/1 JAKARTA/BELAWAN/SURABAYA 2/1 PORT KELANG/PENANG/E. MALAYSIA 1/1 BUSAN 1/1 TOKYO/YOKO/KOBE/NGO/OSA 1/1 HONG KONG SIN CHINA 1/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCI cargo SIN EUROPE/UK 1/1 LDN/FLX/LVP/SOU 1/1 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary Romania/ Poland/ Bulgaria /Czech.299 words
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Advertisement718 1994-12-30 42 J ii in 11 nni r •——>—■ j| FIXED k I WEEKLY SAILINGS [j II MELBOURNEGP SHIPPING PTE LTD Call: Kenny/Mas/Peter 11 11 .v.'. .r"::!. "1 UnA. yBWiIHWBWI!HHBIII«IiWnBBHMHnBMI^^B ■WVV|finflV|fT|9|^R9|Vßf|i^H|^^^^^H^^^^H >_ yjt. SM PRCM MELB SYD MJCR IYTT J WINEKKN 340 ISToi H7ST 31/«1 K/02 M/ 02* V- CILEN HUDK 341718 words
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Advertisement503 1994-12-30 42 y: Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 03 JANUARY (Accepting to all N*w Zealand porta) PENANG 06 JAN JAKARTA 01 JAN PORT KLANG 02 JAN MANILA 01 JAN BANGKOK 01 JAN MELBOURNE 03 JAN SYDNEY 03 JAN BRISBANE 03 JAN FREMANTLE 12 JAN I 'ACCEPTING TO ALL SCANDINAVIA PORTS503 words
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Advertisement896 1994-12-30 42 CONSOLIDATION TO LIMASSOL "-"MS? ACCEPTING LCL CARGO AT ATTRACTIVE RATES Transhipment available to Beirut, Lattakia via Limassol yjL Call Te at DID: 770 SOU I® Kj for bookings NOW!!! lV^yrsl| Tel: Fax: INTERNATIONAL SEA FREIGHT A Singapore 778 6522 *****38/*****36 pornamxng Also has offices in:- Jlk A»LOOSTCSSERVKES VtiSLr MALAYSIA THAILAND896 words
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Advertisement1110 1994-12-30 43 ISEAMA^RGENTINJuIN^^&n CONTAINERISED "HUB" SERVICE DIRECT TO ARGENTINA/BRAZIL URUGUAY V I aim vo> m r.umu wmuu m j nrvwo off FRANCISCA SCHUITE 007E 26/01 02/03 04/03 10/03 I 12/03 14/03 I 04/04 H.ORA y 003E 13/02 20/03 22/03 28/03 I 30/03 03/04 I 29/04 EUROPEAN OO3E 23/02 30/03 02/04 07/04 I1,110 words
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Advertisement387 1994-12-30 43 zgx CEYLON SHIPPING CORPN rcSiS) Notional Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS 1»" |_»1 c»a I I—lm I HP SW6AWM 0«« il/» VI g» wTwnw 7/1 n/i nn i»/t i/? WD BMaiONA MM t!_l_ «/l MBUBRMIUA won u/i u/i m ui WD TOKYO DM*387 words
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Advertisement758 1994-12-30 43 II 'N ALEXANDRITE 15W ETA SQP 07/01/95. I! Bs H ETA RDM 23/01/95, FLX 24/01/95, l| H BRE 26/01/95, LEH 28/01/95 II EXPORT VISStL SCR LOS [PAR VAM MT ATL 1 CCB HOD MPH PtO TON RRON CALIFORNIA JOPITER 78 04/01 21/01 23/01 25/01 26/01 27/01 25/01 25/01 26/01 28/01758 words
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Advertisement1523 1994-12-30 44 AMERICAN PRESIDENT LINES, LTD. 19 KtPPtL ROAD »Q2 01 *T POH BUILDING SINGAPOWt 0208 TEI 325 9966 F«« 221 4922 I. ALSO OFFERING SERVICE TO/FROM I *PRC *CIS VIETNAM *EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA *EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TOMOUTH AMIRICA > CANADA WEEKLY CONTAINIfttZIP SIRVICB |*go./wwi1,523 words
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Advertisement660 1994-12-30 44 W~"' SKline -^1 Wishes All Clients I Business Associates A Prosperous 1995 O MULTILINE SHIPPING PTE LTD black sea shipping co (Ukraine): blasco services I (a m«mb«r of SWSOV Group) BLASCO: INWARD *****65 OUTWARD *****28 FAX *****26 CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64,*****51,*****31,*****13 MARINE INSURANCE: *****87 WVENTORY: *****59660 words
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Page 45 Advertisements
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Advertisement416 1994-12-30 45 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |~PNA |"pkl PCD VESSELS VOY Si RTM ANT liM HAM BO} FEL I 28/12 30/12 Si/IT H. FRONTER 314W 02/01 2070T~ 22/01 21/01 22/01 22/01 24/01 04/01 06/01 07/01 SL FREEDOM 314W 09/01 27/01 29/01 28/01 29/01 29/01 31/01 11/01416 words
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Advertisement366 1994-12-30 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTIPURPOSE I RORO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS ttssi "voTIm n ioadmg for OCEAN BIUI I SU> MUARA 1/1 CHAATION TRADER 42 2/1 BMTU.U 1/1 TANMIG MAMS 11/1 KUCHMG 12/1 COSMK TRADE* S3 5/1 7/1 PENANG 9/1366 words
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Advertisement611 1994-12-30 45 JEDDAH/UK/CONTIMENT STORE ID STON HIUK I DAM LEH Atae Accept* C»te F« ESSEN EXPRESS 09/351 31/12 5/1 11/1 21/1 23/1 25/1 to i 4 UK dttttuten Belfast and Out* LA SERE 35/152 4/1 21/1 24/1 20/1 Rotterdam to H Antwerp Aimtoritom. 0* H*Mu HOECHST EXPRESS 11/352 7/1 IC/1 25/1 21/1611 words
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Page 45 Miscellaneous
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Miscellaneous298 1994-12-30 45 TODAY'S TIDES (height in metres) HOW OOOO 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.1 1.5 1.3 U 1.3 1.6 2.0 2.5 2.9 3.0 2.9 2.5 2.0 1.5 1.0 0.7 06 0.6 0.8 1.3298 words
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Page 46 Advertisements
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Advertisement95 1994-12-30 46 !`:&;&/.<\)?+\'%=%\%*|[=~~(&\(` BARGE OWNERS ARE INVITED TO SUBMIT FREIGHT OFFER FOR MM CARRIAGE OF 20,000 MT LONG H PRODUCTS FROM KEMAMAN TO PENANG, H MALAYSIA. H As this is a long term business, only owners 9H with sufficient barges to carry 20,000 MT cargo 3H per month need to submit offers.95 words