The Business Times, 8 January 1993

Microfilm: NL18514
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times MITA (P) 552/12/92 Friday, January 8, 1993 WE KNOW ASIA 75*
    14 words
  • 2am LATEST
    • Article
      Lock icon India's communal clashes claim 20 lives
      65 1 Reuter BOMBAY At least 20 people have died in two days of clashes between Hindus and Muslims in Bombay as communal violence spread to more areas in India's business and commercial centre. Indian television said that the governor of Maharashtra state, of which Bombay
      Reuter  -  65 words
    • Article
      Lock icon N Korea blasts Japan defence spending
      64 1 AP TOKYO In a rare recent criticism of Japan, North Korea yesterday warned that Japan is increasing its defence spending to become a military power despite the end of the Cold War. The ruling Workers (Communist) Party newspaper Rodong Sinmun cited Japan's plan to
      AP  -  64 words
    • Article
      Lock icon Mediators want Milosevic for talks
      44 1 AP GENEVA Mediators Cyrus Vance and Lord Owen want influential Serb President Slobodan Milosevic to attend Sunday's talks on ending the fighting in Bosnia-Herzegovi-na, their spokesman said yesterday. Mr Milosevic has never attended the four-month-old Geneva peace talks. AP
      AP  -  44 words
  • Article
    MARKETS SUMMARY
    112 1 Stock market indices I harvUv Change STII 1,555.71 -2.51 KLSE Composite 636.26 2.60 Nikkei 16.780.98 -1.90 Hang Seng 5.547.32 -39.35 SET Index 914.32 +10.21 Jakarta Composite ...276.85 +2.01 CLSA China B 1.085.38 +5.51 Aust All Ord 1,530.9 -11.2 FTSE 100 2.816.5 -9.5 Iharsday Previous noon close Dow Jones
    112 words
  • Article, Illustration
    Lock icon Jakarta slaps stiff increases on fuel and transport prices
    694 1  -  From Maggie Ford in JAKARTA THE Indonesian government yesterday imposed swingeing increases on petrol and other fuels along with electricity and transport prices, in a move which simultaneously cuts subsidies, brings energy prices up to regional levels and targets the rich.
    Reuter  -  694 words
  • Article
    Lock icon KL, Bangkok to speed up growth triangle
    320 1 Reuter KUALA LUMPUR The prime ministers of Malaysia and Thailand agreed yesterday to push for a northern "growth triangle" along with Indonesia to bolster trade ties in Southeast Asia. Malaysian Prime Minister Mahathir Mohamad, in a meeting with his visiting Thai counterpart Chuan
    Reuter  -  320 words
  • Article, Illustration
    Church of England's London properties up for sale in S'pore
    338 1  -  By Colin Tan SINGAPORE One of Britain's biggest landlords, the Church of England, is selling some of its prime residential properties in Singapore for the first time. The properties worth a total of £4.133 million (S$ 10.3 million) are located
    338 words
  • Article, Illustration
    S'pore stocks are firmly back in the books of foreign funds
    649 1  -  By S N Vasuki SINGAPORE It was the most impressive comeback in recent times. After having been roundly ignored for most of 1992. the Singapore stock market has received glowing testimonials from foreign stockbrokers and fund managers as the
    649 words
  • Article
    Lock icon Beijing hints at pulling out of talks on HK
    245 1 AFP Knight-Rider BEIJING China's foreign ministry indicated yesterday it might pull out of a scheduled meeting with Britain to protest against the plans of Hongkong Governor Chris Patten to introduce more democracy into the British colony. Speaking at a weekly press
    AFP; Knight-Rider  -  245 words
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      117 1 depuis 1921 n O SledgerS (Tel: *****13) ma 4» in France Petite Finesse Centrepotot (Tel: *****68) lOMO Liang Court (Tel. *****52) Gaieries Latayette Singapore and selected retail outlets Energy costs raised to regional levels Cautiously expansive budget announced CONTENTS News Cwnpawes Spore News 2 S'pore-Msia 9.10 Regional News 3-5 Repon/lntl
      117 words
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      52 1 Hock Lock Siew Keppel the biggest loser Pg 9 What's where in BT Having initial difficulty finding your stock prices and other services in the revamped Business Times? Or where and when our specialty pages such as Regional Analysis will appear? Turn to Page 2 for a guide to the
      52 words
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      9 1 J lH Ad Marketing hJ Plastic power surges Pg
      9 words
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      4 1 More reports, Pg 3
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      14 1 NIPPON PAINT Quality Paint That Lasts Editorial: A safe and attractive haven, Pg 26
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon eye on the ECONOMY
      253 2 JOBS SENIOR executives weren't the only people in demand last quarter. Rank-and-file staff, notably clerks, secretaries, technical and production workers, remained much sought after throughout the year. Except for a two-month break last April/May, when demand was flat, the number of Straits Times Classifieds employment advertisements
      Source: ST  -  253 words
    • NEWS ROUNDUP
      • Article
        No more reminders for tax returns
        74 2 INDIVIDUALS must submit their income tax returns by April 15 from this year. The Inland Revenue Authority of Singapore said yesterday a new legal requirement to be gazetted today would make submission by that date compulsory and no reminders would be sent. IRAS spokeswoman
        74 words
      • Article
        Labelling of lead paints a must
        55 2 THE MINISTRY of the Environment will impose compulsory labelling of paints which contain high levels of lead on Feb 1. The labels should list precautions to be taken when using the paints, said the ministry on Wednesday, adding that lead was a cumulative poison
        55 words
      • Article
        Biggest gift fair yet
        54 2 THE 4th Asian International Gift Fair '93 (AIGF93), set to take place from June 1-4 at the World Trade Centre, has attracted 13 group pavilions. According to the organisers, Singapore Exhibition Services Pte Ltd, this is the strongest participation at AIGF by far since the exhibition
        54 words
    • Article
      EDB expects industry to receive $500 m worth of new investment
      501 2  -  Outlook for precision engineering sector By Teh Hooi Ling ABOUT $500 million of investment money is likely to be sunk into the precision engineering industry this year, according to the Economic Development Board. The money would go into expansion
      501 words
    • Article, Illustration
      Okamoto to invest more in Singapore
      260 2 OKAMOTO (Singapore) Pte Ltd, manufacturer of precision surface grinding machines, will invest about $9 million in machinery and equipment in the next four years. The investment brings the company's total investment in Singapore to more than $80 million, its managing director, Cheng Hing Yong,
      260 words
    • Article
      Another Colour Touch-linked firm wound up
      449 2  -  By Dawn Tan YET another company linked to debt-strapped Colour Touch Ltd has been wound up. Carat Pte Ltd, a company run by the former general manager of Colour Touch, Soon Tan, was wound up in the High Court in late December. The petition
      449 words
    • Article, Illustration
      No reason to avoid India, Singapore businessmen told
      347 2  -  By Moiz Tyebally LOCAL businessmen should be upbeat about investing in India, the Indian High Commissioner to Singapore said yesterday. There was no reason to get cold feet, said high commissioner Y M Tiwari in response to a recent report in BT.
      347 words
    • Article
      ICI sets up regional office for resins business
      346 2  -  By Lilian Ang UK-BASED Imperial Chemical Industries has set up a new regional office in Singapore to spearhead the growth of its specialty resins business in the Asia-Pacific. The company, Zeneca Resins Pte Ltd, has taken over the existing Singapore operations of
      346 words
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      236 2 o OMEGA The sign of excellence. Yu Sheng Treat yourself to our exquisite Yu Sheng" set menus this Lunar New Year. Have your private in our Karaoke Dining Rooms and *I*7 s n 8 y° ur way into the New Year Lunch/Dinner for 10 persons Prosperity Longevity Good Luck $668**
      236 words
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      212 2 Tour of BT HAVING TROUBLE finding stock prices, interest rates, currency rates and other items in the revamped Business Times? Here's a guide to where they appear. Equities Singapore Stock Exchange all prices are on the last page of the Companies and Markets pull-out section. The share information page, which
      212 words
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  • THE REGION
    • Article
      Non-oil and gas exports soar by 23pc
      532 3  -  The Indonesian budget Government plan to focus on industry and mining paying off Reports from Maggie Ford in JAKARTA THE turnaround in the Indonesian economy, from dependence on oil and gas to a broader industrial exportoriented base, moved to a higher gear last
      532 words
    • Article
      Attempt to raise tax receipts by over 30pc successful
      665 3 FUNDS raised from income and value-added taxes are expected to contribute less than 70 per cent of Indonesia's domestic revenues of 52,769 billion rupiah next year, following the country's successful effort at raising tax receipts by more than 30 per cent
      665 words
    • Article
      Lock icon Malaysia records 9.8pc rise in manufacturing output for September
      308 3 Reuter KUALA LUMPUR Malaysia's manufacturing output rose 9.8 per cent in September last year but that was partially offset by sluggishness in the agriculture and mining sectors. The rise in manufacturing in September compared with a gain of 7.4 per cent
      Reuter  -  308 words
    • Article
      Philippines saw record 1.2 m visitors last year
      221 3  -  Fm Nirmal Ghosh in PUERTO AZUL THE Philippines drew a record 1.2 million visitors in 1992. Tourism Department secretary Vicente Carlos said: "The highest number of arrivals previously was in 1989, when we had 1.18 million foreign visitors. In 1990, we barely
      221 words
    • ASIA NOTES
      • Article
        Lock icon China's trade surplus shrinks
        74 4 AFP BEIJING China cut its foreign trade surplus by nearly half to US$4.4 billion in 1992, with strong imports outpacing export gains. A government minister said yesterday that China was committed to reducing tariffs and other trade barriers in its bid to gain admission into the
        AFP  -  74 words
      • Article
        Lock icon Beijing acts to curb smuggling
        60 4 AFP HONGKONG China is to set up its first customs investigation bureau in a move to curb growing smuggling activities, a report here said yesterday. With an initial stafT of 700, the bureau will be set up next week in Shenzhen, which borders Hongkong, the
        AFP  -  60 words
      • Article
        Lock icon Sihanouk launches attack on US
        89 4 Reuter BEIJING Prince Norodom Sihanouk has accused the US of working against him and of trying to prevent Cambodia from holding immediate presidential elections. Prince Sihanouk also implicated the UN Transitional Authority in Cambodia (Untac), which has peacekeepers in Cambodia. The statement by Prince Sihanouk,
        Reuter  -  89 words
      • Article
        Lock icon South Korea in barter deal with North
        82 4 UPI SEOUL South Korea has shipped 1,000 tonnes of garlic to North Korea as part of a barter deal on farm products. Officials involved said yesterday that the deal was agreed on in Beijing last September. Under the deal, the South is to
        UPI  -  82 words
      • Article
        Lock icon Thai army commander to sue paper
        100 4 AFP BANGKOK Thailand's most powerful soldier. Army Commander General Vimol Wongwanich, said yesterday that he was taking legal action against a newspaper which he said had damaged the army. Gen Vimol said a headline in the Thai-language Khao Sod newspaper could lead to anger
        AFP  -  100 words
      • Article
        Lock icon Manila surprised by Imelda's demand
        82 4 AFP MANILA The government said yesterday that Imelda Marcos* surprise demand for a Philippine burial for her late husband should not derail agreement on the return to the country of millions of dollars kept by the Marcoses abroad. "1 was taken by surprise," Solicitor-General Raul
        AFP  -  82 words
    • Article
      Lock icon HK steps up effort in US to lobby for China's trade status
      465 4 South China Morning Post HONGKONG The Hongkong government is beefing up its lobbying on China's Most Favoured Nation status in Washington, backing an aggressive programme with a HKSIO million (SS2.I million) budget. Director-General of Trade Donald Tsang Yam
      South China Morning Post  -  465 words
    • Article
      Lock icon Seoul to sign anti-dumping semiconductor agreement with Washington
      222 4 AP SEOUL The government wants to back up semiconductor firms accused of dumping goods in the United States by signing an agreement promising the dumping will not happen again, an official said yesterday. The US Commerce Department made a preliminary ruling last
      AP  -  222 words
    • Article
      Lock icon Beijing says its position on Taiwan remains unchanged
      233 4 Reuter BKIJING China said yesterday that it had not changed its stand on Taiwan, seeming to deny a report in a Hongkong magazine that Beijing had planned to invite the Nationalist Taipei government to take part in unprecedented reunification talks. "Our position
      Reuter  -  233 words
    • Article
      Lock icon 70pc of China's defence industry producing consumer goods
      435 4 Bloomberg HONGKONG A senior Chinese defence official has revealed that 70 per cent of the country's defence industry is producing consumer products, the official China Daily reported yesterday. Chen Dazhi. director of the Integrated Planning Department in the Commission of Science and
      Bloomberg  -  435 words
    • Article, Illustration
      Lock icon Vietnam begins talks with World Bank on structural adjustment plan
      519 4 Reuter HANOI Communist Vietnam has begun talks with the World Bank on a structural adjustment programme that includes privatising state-owned enterprises. Finance Minister Ho Te said yesterday. Washington, a major shareholder of the World Bank and International Monetary Fund (IMF),
      Reuter  -  519 words
    • Article
      Lock icon Hanoi urges Washington to take last step to lay Vietnam War to rest
      464 4 AFP HANOI Vietnam yesterday urged the United States to lay the Vietnam War to rest by taking the "last step" towards normal relations. "Relations between Vietnam and the US have recently witnessed great progress. But the last
      AFP  -  464 words
    • Article
      Lock icon New Tokyo rate cut likely, but it will not lift economy: experts
      445 5 Reuter TOKYO Another reduction in Japan's official discount rate is on the cards but will not do much by itself to stimulate the flagging economy, economists said yesterday. They said that a more likely scenario was a rate
      Reuter  -  445 words
    • Article
      Lock icon State polls may mean early Aussie election
      226 5 Reuter CANBERRA Speculation that Australia would go to the polls in February or March rose yesterday as a state election was announced for Feb 6 in Western Australia. Political analysts said the federal Labor government of Prime Minister Paul Keating had been waiting
      Reuter  -  226 words
    • Article
      Lock icon Japan-EC economic talks next week to cover farm trade
      254 5 Reuter Bloomberg TOKYO Japan and the European Community will hold joint ministerial talks oa economic issues, including farm trade, in Brussels on Jan 15, said a spokesman for Japan's Agriculture Ministry yesterday. Farm Minister Masami lanabu would meet his new EC
      Reuter; Bloomberg  -  254 words
    • Article
      Japan's Social Democrats select new chief
      349 5 TOKYO The Social Democratic Party, Japan's largest opposition party, on Wednesday chose Sadao Yamahana as its new chairman, prompting criticism from the party's younger members who think him incapable of introducing much needed reforms. Mr Yamahana, 56, vowed to change "my party and the
      349 words
    • Article, Illustration
      Lock icon Exile plans first Koreatown in Japan
      419 5 Proposed centre will be social, psychological asset for Koreans Reuter KAWASAKI, Japan In exile from his homeland for more than 50 years, Korean Lim Yoon Taek dreams of building Japan's first Koreatown in the city he calls his second home. Inspired by a successful
      Reuter  -  419 words
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      493 words
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      129 words
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      48 5 For a fast-moving business leader, our racing heritage is remarkably appropriate. 11 A hand-built luxury marque founded in a sports tradition, the new Bentley Brooklands is equally at ease on the road as it is at boardroom level. At $630,000. this is hardly surprising, Malayan Motors Lajl 2ZZZ.
      48 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Phnom Penh — switching to the fast lane
      768 6  - Phnom Penh switching to the fast lane Ben Davies takes a close look at business, politics and life in Cambodia both in the capital and the outback of Kompong Speu Ben Davies ALONC. the treelined boulevards of downtown Phnom Penh, beautifully renovated villas now occupy the space where decrepit houses
      768 words
    • Article
      Where your political belief may mean your life
      667 6 NESTLING amidst the lush rice fields, just 60km south of Phnom Penh. Kompong Speu gives a sense of quiet detachment away from the hubbub of the nearby capital and the troubled countryside beyond. Wooden and brick houses line the main street and
      667 words
    • Article
      Khmer Rouge still a force to be reckoned with
      450 6 THE small village of Sdok Chrey looks like any other settlement in the southern Cambodian province of Kompong Speu. Its houses are poor, its inhabitants are ragged and medicaments hard to come by. But the 130 families who inhabit the village
      450 words
  • Page 6 Advertisements
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      207 6 WHICH CAR WON WHAT CAR? In its recent Cars of the Year Awards, zine awards and reader's polls. "What Car?" declared Subaru Legacy to So if you're wondering what car to be the Best Sporting Saloon. test drive, try Legacy. You'll find it'll win "What Car?" is the U.K.'s most
      207 words
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  • THE WORLD
    • Article
      Lock icon Lamont should step down, say City economists in poll
      438 7 Markets no longer have confidence in chancellor Reuter LONDON A majority of 20 leading private economists believe British Chancellor of the Exchequer Norman Lamont should step down after delivering the 1993 Budget speech to Parliament in March. A survey of the
      Reuter  -  438 words
    • Article
      Lock icon New season of democracy talks opens in South Africa
      251 7 Reuter JOHANNESBURG The new negotiating season on nonracial democracy in South Africa opens today. The first event is two days of talks between the government and a delegation from the Concerned South Africans Group (Cosag). Cosag was set up last September
      Reuter  -  251 words
    • Article, Illustration
      A place for the press
      38 7 W ASHINGTON Workers putting up a press platform on Wednesday in preparation for the inauguration ceremony of LS President-elect Bill Clinton on Jan 20. In the background of the picture is the Capitol.
      38 words
    • Article
      Lock icon Pact to ban chemical weapons gets little attention
      600 7 Reuter LONDON A landmark global ban on chemical weapons next week will follow the most dramatic nuclear weapons reduction treaty in history, signed last Sunday. A decade ago. either treaty would have been a sensation but no longer, in the postCold War
      Reuter  -  600 words
    • Article
      Lock icon Gatt talks just as tough with Clinton: Mitterrand
      378 7 Reuter PARIS French President Francois Mitterrand has said that the Gatt world trade talks, the object of a bitter dispute over agriculture between France and the US. will be just as difficult under in-coming President Bill Clinton. He was asked on Wednesday
      Reuter  -  378 words
    • WORLD WATCH
      • Article
        Lock icon Bonn to give military equipment away
        94 8 Reuter BONN Germany is planning to give unwanted equipment from the former Last German army and navy to former Soviet republics, says a newspaper. The Berliner Zeitung said on Wednesday that the Bonn government was planning to give away planes, vehicles and equipment, mainly
        Reuter  -  94 words
      • Article
        Lock icon Israel denies report of pact with Syria
        90 8 Reuter JERUSALEM Israel radio said on Wednesday that Israel and Syria had reached an agreement that would lead to a peace treaty, but it added that Israeli officials denied the report. The radio quoted sources in the Egyptian Foreign Ministry as saying Israeli
        Reuter  -  90 words
      • Article, Illustration
        Lock icon His goal is the Pole
        61 8 Reuter ANTARCTIC Norwegian explorer Erling Kagge setting off to try and become the first person to walk alone to the South Pole. This picture was taken on Nov 17 at the start of his trek. He is currently within 81.5 km of the Pole after
        Reuter  -  61 words
      • Article
        Lock icon Reagan denies voting for Clinton
        116 8 Reuter LOS ANGELES Former US president Ronald Reagan has angrily denied a US magazine report that he voted for Democrat Bill Clinton in the US presidential election, dismissing it as "nonsense". In a statement released on Wednesday, he said: "After more than 80 years on
        Reuter  -  116 words
      • Article
        Lock icon No war clause in India-Russia pact
        84 8 UPI NEW DELHI India and Russia will sign a friendship treaty during Russian President Boris Yeltsin's state visit this month, but the agreement will eliminate a key military clause contained in a similar Indo-Soviet pact. Although modelled on the 1971 Soviet-Indian agreement, the 20-year
        UPI  -  84 words
    • Article
      Lock icon Brazil's new president seeking support for economic plans
      327 8 Reuter BRASILIA He became Brazil's president last week without even trying, but now Itamar Franco is running a lightning campaign to sell Congress on his economic plans. Time is short. Congress starts a special session on Monday to vote on Mr Franco's
      Reuter  -  327 words
    • Article
      Lock icon US losing traditional lead in telecoms: report
      241 8 UPI LOS ANGELES America's traditional lead in telecommunications is eroding very rapidly as other nations promote new technologies, according to a study released on Wednesday. "The potential of new information communication technologies and services is widely appreciated around the world and many nations
      UPI  -  241 words
    • Article
      Lock icon Think tank sees W German GDP growth falling lpc
      442 8 Bundesbank comes under fire in bleakest projection to date UPI Reuter BERLIN In the gloomiest forecast to date, a leading economic research institute has said western Germany's gross national product growth will fall one per cent this year. "Germany's economy is
      UPI; Reuter  -  442 words
    • Article
      Lock icon Kohl to reshuffle Cabinet within next two weeks
      270 8 Reuter BONN German Chancellor Helmut Kohl will reshuffle his coalition Cabinet within the next two weeks, says Finance Minister Theo Waigel. Speaking to reporters after a meeting with Mr Kohl on Wednesday, he said the new ministers would be in their offices
      Reuter  -  270 words
    • Article
      Lock icon US defence cuts could cost nearly lm jobs: study
      369 8 Reuter WASHINGTON US defence budget cuts could throw nearly one million Americans out of work by 1997, says the US government in a report that urges spending the money saved to boost long-term growth in the civilian economy. The Defence Conversion
      Reuter  -  369 words
    • Article, Illustration
      Free bread for Christmas
      25 8 BELGRADE Amid civil strife, people found time to celebrate Orthodox Christmas on Wednesday with free bread courtesy of the city's bakers.
      25 words
    • Article, Illustration
      Lock icon Tamilgate scandal could topple Danish prime minister
      451 8 Release of inquiry report comes at delicate time for country Reuter COPENHAGEN Danish Prime Minister Poul Schlueter could face a struggle for his political life next week over a long-running scandal that is coming to the boil just when Denmark badly needs domestic
      Reuter  -  451 words
    • Article
      Lock icon Canada slaps duties on 9 countries for carbon steel plate dumping
      332 8 Knight-Ridder OTTAWA Nine countries including the US have dumped carbon steel plate on the Canadian market, according to a preliminary finding by Revenue Canada, leading Canada to impose a provisional dumping duty, effective immediately. In a news release on
      Knight-Ridder  -  332 words
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      109 7 mi.l At Overseas Union Bank, we believe By being receptive and supportive, we everyone should be heard. As managers, no build the kind of team spirit that has seen fekgA one appreciates this better than we do. us grow from strength to strength. That is why when it comes to
      109 words
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      158 8 Dale Carnegie Training® develops personal abilities that can be your greatest strength in meeting the challenges of everyday living. Life takes on a new perspective as you prepare yourself for a better future. Among the many benefits of the Dale Carnegie Course* are: Overcoming fear of public presentations Gain insights
      158 words
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      Page 8 Advertisements Column 2
      30 8 Japanese restaurant U M I B I A N V vgy charcoal yakl n I k u 3 Killiney Road 81-01 Winsland House Singapore 0923 Tel: 738 0353/4 11 i
      30 words
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  • COMPANIES & MARKETS
    • Article
      MRCB to take over buyouts of NST and TV3
      462 9  -  Move clears up questions about financing By Amy Balan SINGAPORE Malaysian Resources Corporation Bhd has emerged as the vehicle for the MSBOO million (Sssl2 million) management buyouts of publishing group New Straits Times Bhd and Sistem Televisyen Malaysia Bhd, operator of
      462 words
    • Article, Illustration
      Lock icon Far East, Hong Leong top bidders for waterfront sites
      653 9  -  By Colin Tan SINGAPORE The Far East Organisation and Hong Leong Holdings have submitted huge bids for waterfront sites tendered by the Urban Redevelopment Authority. In the tender, which closed yesterday, a total of 25 bids were received from 22 companies
      Photo by Arthur Lee  -  653 words
    • Article
      Keppel may be the biggest loser in LIRA'S latest land sale
      814 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Both Hong Leong Holdings and the Far East Organisation may have inadvertently done the Keppel group a big disfavour. The odd twist of events occurred yesterday during the Urban Redevelopment Authority's
      814 words
    • Article
      Goldtron in two tie-ups worth M$ 31.8m with Tongkah
      482 9  -  By William Chia SINGAPORE Diversified electronics group Goldtron Ltd has entered into two joint ventures worth M 531.8 million (Ss2o million) with Malaysian listed company Tongkah Holdings Bhd to manufacture electronic parts and granite products. Sesdaq-listed Goldtron said yesterday that it
      482 words
    • Article, Illustration
      Singmarine appoints new executive director
      171 9 SINGAPORE Listed Singmarine Industries Ltd, a member of the Keppel group, has appointed marine industry veteran Leong Kang Chuen as its new executive director. Mr Leong, previously the general manager of operations at Keppel Shipyard in Tuas, replaced Wong Kok Seng yesterday. Mr Wong will
      171 words
    • Article, Illustration
      Lock icon SUMMARY
      313 9 Source: Bridge Info Performance of STII's index stocks Jan 7 Last Sease ladex Slock salt Ctae factor ■overs (S) (V) Avimo 1 850 0.050 1.56 9.62 CAC 6.850 5.78 Cercbos 4480 0.020 3.78 385 Cold Store 2.750 0.020 2.32 3.85 FAN II 400 9.61 CienMag 0810 -0 005 068
      Source: Bridge Info  -  313 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon UMW Holdings director resigns
          78 10 MBT KUALA LUMPUR UMW Holdings announced that Eric Chia has resigned as a director effective yesterday. It said Mr Chia has expressed his desire to resign from the boards of UMW Holdings and its related companies due to his present work commitments at Pcrwaja group. Mr
          MBT  -  78 words
        • Article
          Director leaves Electro Magnetics
          41 10 SINGAPORE Lo Man Yin, managing director of Hong-kong-based Wing Li Cassette Video Tapes Mfg Co Ltd, has ceased to be a director of Electro Magnetics (1992) Ltd. EML did not disclose the reason for Mr Lo's departure.
          41 words
        • Article
          Lock icon Selprop associate to sell nine buildings
          101 10 Bernama KUALA LUMPUR Sclangor Properties Bhd said its associate company, Pusat Bandar Damansara Sdn Bhd, has proposed to sell to Kesang Corporation Bhd nine officc buildings in the Damansara Town Centre Complex, for MS6OO million (SS3B4 million). It said in a statement to the
          Bernama  -  101 words
        • Article
          Lock icon MUI buys four shelf companies
          40 10 MBT KUALA LUMPUR Malayan United Industries Bhd (MUI) said it has purchased four shelf companies, Merchant Network Sdn Bhd, Ivory Resources Sdn Bhd, Perwira Mcrdeka Sdn Bhd, and Continental Capitals Sdn Bhd, for MS2 each.
          MBT  -  40 words
        • Article
          Lock icon M$ 4sm proceeds from Selangor govt
          100 10 MBT KUALA LUMPUR The New Screndah Rubber Co Bhd yesterday announced the receipt of M 545.03 million (5529.27 million) from the Selangor state government, "being bulk of the proceeds" from the compulsory acquisition of its land. In a statement to the Kuala Lumpur Stock
          MBT  -  100 words
      • Article
        Lock icon Rashid Hussain sells stake in Chapter House
        118 10 MBT KUALA LUMPUR Rashid Hussain Bhd (RHB) has disposed of its entire interest of 127,500 ordinary shares of Msl each representing 51 per cent in Chapter House to the latter's minority shareholders for Msl cash. The disposal will result in an extraordinary loss
        MBT  -  118 words
      • Article
        Lock icon Another good crop of new listings on KLSE expected
        899 10 But no major stock issue is in the pipeline this year MBT KUALA LUMPUR The current year could see another exciting year of new listings on the Kuala Lumpur Stock Exchange (KLSE), following a good performance last year. However, no major
        MBT  -  899 words
      • Article
        Lock icon Amendments to KL Companies Act to be gazetted soon
        315 10 MBT KUALA LUMPUR The amendments to Section 132G (SI32G) of the Companies Act which have been approved by Dewan Rakyat (Lower House) and Dewan Negara (Senate) are expected to be gazetted within the next two months. Domestic Trade and Consumer Affairs
        MBT  -  315 words
      • Article
        Liang Court cautions investors against chasing rumours
        197 10 SINGAPORE Propertybased Liang Court yesterday cautioned its shareholders and others in the local stock market against basing their investment decisions on market rumours. The company was responding to the Stock Exchange of Singapore's (SES) query on the recent sharp increase in the turnover
        197 words
      • Article, Illustration
        Lock icon Labour shortage seen hitting Bata's short-term profitability
        616 10 MBT KUALA LUMPUR Bata (M) may see its short-term profitability affected by labour shortage and rising cost as well as stiffer competition, but it has been a very consistent performer in the past, according to Omega Securities in its stock review. The well-managed
        MBT  -  616 words
      • Article
        Lock icon Citic completes share placements
        493 11 Firm moving to become one of HK's major conglomerates Reuter HONGKONG A Chinacontrolled firm has completed one of the biggest share placements in Hongkong's history to buy assets from its state-owned parent including a stake in Hongkong Telecom, market sources said yesterday. The deal represents a
        Reuter  -  493 words
      • Article
        Lock icon Kerry Group buys a stake in Shanghai complex
        183 11 AP ATLANTA Architect-devel-oper John C Portman Jr has sold a portion of his interest in Shanghai Centre, a multi-use skyscraper complex he opened in Shanghai, China in 1990. The purchaser was Kerry Group, the Hongkong parent of Shangri-La International Hotel Management Ltd,
        AP  -  183 words
      • Article
        Lock icon Two Bimantara subsidiaries to run satellite business
        169 11 AFP JAKARTA Two private firms, both subsidiaries of the Bimantara group, are to link up with two state firms to run satellite business, it was reported here yesterday. The firms PT Pasifik Satelit Nusantara and PT Elektrindo Nusantara are considered the only ones
        AFP  -  169 words
      • COMPANY BRIEFS
        • Article
          Lock icon Hutchison units challenge decision
          96 11 South China Morning Post HONGKONG Two Hutchison group subsidiaries are seeking to overturn a decision by the Commissioner of Inland Revenue to hold them liable for HKS22 million (554.6 million) of property tax. Harley Development and Trilium Investment argue they had been granted exemption and it
          South China Morning Post  -  96 words
        • Article
          Lock icon Daewoo sets up Vietnam TV venture
          64 11 Reuter SEOUL South Korea's Daewoo Group said its electrical goods arm Orion Electric Co Ltd had begun construction work on a joint venture plant in Vietnam to manufacture television tubes. A group spokesman said the US$l7O million joint venture is 70 per cent held
          Reuter  -  64 words
        • Article, Illustration
          Lock icon First woman to head Murdoch's firm
          44 11 Reuter LOS ANGELES Lucille S Salhany has been named chairwoman of the Fox Broadcasting Company. Ms Salhany is the first woman to head a broadcast television network. Fox Inc chairman Rupert Murdoch announced her appointment on Jan 5.
          Reuter  -  44 words
        • Article
          Lock icon Shy Japanese targeted by travel agent
          68 11 AFP TOKYO Japan Travel Bureau Co Ltd (J IB) said it would offer a special tour to the United States in March aimed at shy and introverted Japanese wanting to learn how to negotiate with Americans. "It is widely said that Japanese are poor
          AFP  -  68 words
        • Article
          Lock icon ASCII to tie up with Novell
          61 11 Bloomberg TOKYO ASCII Corp. a leading Japanese producer of software and publisher of computer magazines, will tie up with Novell Inc of the United States to jointly develop object-oriented programming, the Nikkei Industrial Daily said. To strengthen the relationship between the two companies. Novell
          Bloomberg  -  61 words
      • Article
        Lock icon IBM plans payroll cuts at three NY state operations
        313 11 NYT NEW YORK International Business Machines Corp announced on Wednesday that its first payroll cuts for 1993 would be at three operations in the Hudson Valley of New York state, where up to 3,500 jobs will be eliminated. The company stressed
        NYT  -  313 words
    • FINANCE
      • Article
        Simex likely to use Morgan Stanley index for HK stock index futures
        354 12  -  By Soh Tiang Keng THE Singapore International Monetary Exchange will probably use the Morgan Stanley Capital International Index when it launches its Hongkong stock index futures during the first half of this year. Simex trading circles told BT
        354 words
      • Article
        DBS a lender to Shell's US$ 2b Thai tie-up
        346 12  -  By Loh Hui Yin SINGAPORE Against strong competition, DBS Bank has been chosen as a lender to Shell's US$2.2 billion (553.6 billion) joint-venture oil refinery in Thailand. Other than Thai and Japanese banks, it is the only financial institution from Asia
        346 words
      • Article
        Lock icon Tighter monetary policy a threat to NZ recovery
        462 12 Manufacturers hit out at Reserve Bank Reuter WELLINGTON New Zealand's financial markets bumped the country's currency out of trouble yesterday but manufacturers said a tightening of monetary policy was threatening a fragile export-led recovery. Reserve Bank of New Zealand (RBNZ) deputy governor
        Reuter  -  462 words
      • Article
        Lock icon Salomon to pay US states US$ 4m in claims
        213 12 Reuter WASHINGTON Salomon Bros Inc has agreed to pay US$4 million (556.6 million) to settle claims by 39 states and the District of Columbia over its role in the 1991 Treasury bond auction scandal, regulators said on Wednesday. Under the accord,
        Reuter  -  213 words
      • SMALL CHANGE
        • Article
          Lock icon Decision soon on Thai offshore licences
          69 12 Reuter BANGKOK Thailand is expected to announce in late January its decision on granting up to 35 offshore banking licences to Thai and foreign banks. Assistant central bank governor Charoong Nookwan told Reuters he expects about two-thirds of the 15 Thai banks and most
          Reuter  -  69 words
        • Article
          Lock icon Tokyo banks plan bond issues
          74 12 Reuter TOKYO Japan's three long-term credit banks arc considering issuing five-year bank debentures at a discount in an effort to raise funds more smoothly from investors. They currently issue interest-bearing debentures at par. Bonds were last issued below par from 1955 to 1961 and in
          Reuter  -  74 words
        • Article
          Lock icon Seoul sees rates falling in 1993
          81 12 KnightRidder SEOUL The South Korea Finance Ministry is predicting that market interest rates will decline this year, the English-language Korea Herald said yesterday. The ministry did not predict how far rates would drop this year, although Finance Minister Rhee Yong Man said he hoped
          Knight- Ridder  -  81 words
        • Article
          Lock icon NZ trading times remain
          52 12 Bloomberg WELLINGTON The New Zealand Futures Options Exchange said it will defer changes in trading times, due to go into effect on Jan 11, until at least the end of the month. The exchange said it wants to consult further with market participants on the new
          Bloomberg  -  52 words
        • Article
          Lock icon Stanchart accused of currency violation
          54 12 Knight-Ridder NEW DELHI The Standard Chartered Bank allegedly violated India's foreign currency regulations by transferring 40 million rupees illegally out of India, the United News of India news agency said yesterday. The Enforcement Directorate from the Finance Ministry made the allegation in New Delhi and
          Knight-Ridder  -  54 words
      • Article
        MCC raising US$ 50m from offshore capital markets
        299 12  -  By Kooi Cho Teng SINGAPORE Listed MultiCredit Corporation of Thailand (MCC) is raising US$5O million (SsB2 million) from the offshore capital markets to refinance an existing US$35 million loan that will expire soon. The remaining US$l5 million will be used to boost
        299 words
      • Article, Illustration
        Lock icon Bush budget projects US$ 34b in additional thrift losses
        219 12 Bloomberg WASHINGTON President Bush's budget for fiscal 1994 projects that additional losses from savings and loan failures will total US$34 billion (5555.7 billion) through 1998. The budget estimate is lower than the US$5O billion in additional funds that former Office of
        Bloomberg  -  219 words
      • Article
        Lock icon Credit Suisse moves to take control of BPS
        368 12 AFP ZURICH The third biggest Swiss bank. Credit Suisse (CS). intends to take control of Banque Populaire Suisse (BPS), but stock analysts have expressed doubts about the wisdom of the deal. Newspaper reports here have valued the ofier made on Wednesday at
        AFP  -  368 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        155 12 Good offshore buying interest in the USS/SS overnight saw the dollar opening at 1.6590 yesterday, up from a 1.6540 close on Wednesday. Speculative selling first forged a drop to 1.5950 before the dollar recovered on profit-taking. It closed on a firm tone at 1.6590. The
        155 words
      • Article
        Lock icon New York
        91 12 Knight Ridder NEW YORK After the Bundesbank declined to lower German interest rates yesterday. the dollar fell abruptly. But it later turned mixed in narrow range-trading. At 1100 EST. the dollar traded at 1.6360 Deutschemarks. up from 1.6350 late Wednesday in New York, and at 125.10 yen. unchanged.
        Knight Ridder  -  91 words
      • Article
        Lock icon London
        178 12 Bloomberg LONDON The US dollar slipped against the Deutschemark after Bundesbank council cut its 14-day repurchase rate to 8.6 per cent from 8.75 per cent and news that the US jobless figure dropped 40.000. traders said. The French franc was firm after the German ease. The Bundesbank's Lombard rate
        Bloomberg  -  178 words
      • Article, Illustration
        Untitled
        1356 12 /iadr-Mnt(hli\l inJt-\ lukulalixl awm\t S'porr'\ /<*> 14 trading partntr\ Huh- war 19X5 US$/S$ forward rates Noon Jan 7 s$ Bid Offer 1-month 1.6555 1.6570 2-month 1.6540 1.6555 3-month 1 6528 1.6543 6-month ***** 1.6507 FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to one unit of foreign currency
        1,356 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Excess oil storage capacity swells in S'pore as Asian trading slows
        532 13 Reuter SINGAPORE: A surplus of oil storage capacity is building up in Singapore as traders take cost-cutting measures to cope with depressed Asian oil product trading, industry sources said yesterday. The void in the tankage business left by Phibro
        Reuter  -  532 words
      • Article, Illustration
        Lock icon Ivory Coast pledges to burn all substandard cocoa
        248 13 Reuter ABIDJAN Ivory Coast, the world's biggest cocoa producer, burned a first batch of low-grade beans on Wednesday and vowed to destroy all cocoa that did not meet new quality standards. Armed soldiers stood guard as two trucks tipped beans worth up
        Reuter  -  248 words
      • Article
        Lock icon Malaysia sees moderate rise in price of rubber this year
        206 13 Reuter KUALA LUMPUR World natural rubber prices, recently depressed by low demand, are poised to rise slightly this year due to rising consumption, the Malaysian Rubber Research and Development Board said. "For 1993, the market should see marked improvements in
        Reuter  -  206 words
      • Article
        Lock icon Mobil is Indonesia's top upstream oil firm
        349 13 Reuter SINGAPORE Mobil is the top-ranking oil company in Indonesia, according to a study of the top 20 companies in the upstream oil and gas industry. "Mobil is the undisputed leader in Indonesian upstream activity. Indeed it ranks in the top three in
        Reuter  -  349 words
      • Article
        Lock icon Demand for diamonds is not forever
        574 13 South African cartel De Beers hit by global recession and poachers in Angola AP LONDON Diamonds are forever, but demand isn't. De Beers, the South African diamond cartel, was clobbered last year by the global recession and a severe wave of poaching in Angola.
        AP  -  574 words
      • Article
        Lock icon Oil futures mixed on renewed tensions between UN, Iraq
        506 13 Btoomberg ENERGY REPORT Bloomberg LONDON Oil futures prices in New York and London traded erratically yesterday as traders debated what elTect renewed tensions between the UN and Iraq could have on oil prices, brokers said. On Wednesday, the United Nations issued
        Bloomberg  -  506 words
      • Article
        Lock icon Oil industry spending seen at US$ 522b this year
        333 13 Knight-Ridder NEW YORK Oil and gas industry spending on worldwide exploration and production is expected to total U5552.35 billion (5586.35 billion) this year, virtually unchanged from the U5552.17 billion estimated last year, a new report said. However, reversing an llyear trend,
        Knight-Ridder  -  333 words
      • Article
        Lock icon Eurodollars ease in thin trade
        1406 16 L^^^IMDnjEPORT^^J Reuter SINGAPORE Simex Eurodollar interest rate futures ended slightly easier yesterday against Chicago's close as trade thinned out ahead of the release of US employment and money supply data this week. Investors were divided about the impact of various forecasts for December non-farm payrolls,
        Reuter  -  1,406 words
      • Article
        KL tin eases three sen in market correction
        1018 16 COMMOOITES REPORT Tin THE price of tin on the Kuala Lumpur Tin Market eased three sen tp close at MS 15.25 per kg on higher offerings here yesterday. Dealers said the market was undergoing a correction after being on the uptrend for
        1,018 words
    • Article, Illustration
      Lock icon The annual search for excellence The annual search for excellence
      817 14 The creme de la creme of Singapore's business community gathers tonight to pay tribute to the spirit of entrepreneurship as well as listen to some success stories. BT brings to you the history of the Singapore Business Awards in this
      Photos by Chris Loh  -  817 words
    • Article, Illustration
      Taking Asia by storm
      414 15 Co-organisers: BUSINESS TIMES WE want to be, by the year 2000, the leading business daily in Asia. We want to live up to our motto: We know Asia. To achieve this mission, Business Times is building up its understanding IPRsia to improve its coverage of the
      414 words
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      Expressing itself better
      632 15 Co-organisers: DHL WORLDWIDE EXPRESS TWO DECADES after being the first document and freight express company to start operations in Singapore, in response to the needs of a single customer Bank of America, DHL's single-minded commitment to anticipating and meeting the changing needs of its customers continues to
      632 words
    • Article
      COMMODITY PRICES
      1647 16 Bwhhar Jan 7 MS CimmiMj [n>ti (Mm at at lpa) MS (jftysfcal prieas) RSS 1 Caatract (S cents/kg) Mhn Volume (Scents/kg) Month High Low Sett (tonnes) Interest RSS 2 Feb 92 143.00 I44.00N Feb 93 0.00 0.00 147.50 SO 4.350 4 a? 1I5S |UoON Mar 147.75 147.75 149.25
      1,647 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1084 17 -11.2 The volatile Australian share market steadied in line with the Australian dollar but only after continuing nervousness took its toll of leading stocks yesterday. The All Ordinaries Index dipped sharply on the opening bell in heavy selling, continuing yesterday's 22.7 point fall. It recovered then fell again before
        1,084 words
      • Article
        Manila
        527 17 14.79 Stocks rallied for the fourth successive day and finished higher yesterday as foreign investors were lured back to the market by oil drilling prospects, brokers said. Blue chip commercial/industrials rebounded from a day's fall and were buoyed by the general bullishness. Manila's Composite Index gained a further 14.79
        527 words
      • Article
        New Zealand
        270 17 -3.27 Leading shares recovered from early losses to leave the NZSL--40 Capital Index down 3.27 points at 1,553.80 at the close. The market had earlier been down 12 points. Fletcher Challenge. unchanged at NZ52.45, had recovered from a nine cent fall and Telecom, the was up two cents
        270 words
      • Article
        Taipei
        548 17 -52.88 Stocks closed 1.7 per cent lower yesterday, extending Wednesday's 4.6 per cent plunge, on continued selling sparked by political tensions ahead of a cabinet reshuffle expected by early February, brokers said. The Weighted Index ended 52.88 points down at a 26month low of 3,135.56. Turnover was a moderate
        548 words
      • Article
        Seoul
        433 17 4-8.41 Stocks rebounded in active, confident trading as investors, buoyed by expectations of lower interest rates, hunted for bargains after the retreat of the past two days, brokers said. Brokers forecast the momentum would continue today but said the market may face profittaking later. "After the correction, market sentiment
        433 words
      • Article
        Bombay
        81 17 -51.70 Stock prices fell yesterday and brokers said the Bombay index could decline by another 40 to 50 points today as fresh HinduMuslim clashes in the city were creating a scare among traders. The Bombay Stock Exchange shed 51.70 points to 2395.80 for a total loss of 219.57 points
        81 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        732 17 Britannia Funds Sterling Cash Bid Offer Mim C ap Deposit ******0 MX (MOO Mim Jerws C.ih 0 1IP4 0 l»7; Mim Ma* Income "CNOO ****** L'SS Cash Income Plus Fund »-r\JO 10 <000 PS Reserve Fund 5 MOO 5.2100 Sterliag Ntiil) Euro Performance 0.4425 0 475* Far East Fund *2
        732 words
      • Article
        London
        642 17 -9.5 Leading share prices closed slightly lower yesterday, with the FTSE 100 Index down 9.5 points to 2.816.5 as the market continued to pause after its recent strong run. But dealers reported sustained demand for second line stocks, including interest from clients overseas. Dealers said they expected the market,
        642 words
      • Article
        Paris
        92 17 -0.82 pc The Paris Bourse suffered through a losing session yesterday, as the CAC-40 stock price Index finished the day at 1.844.47 points, down 0.82 per cent from the Wednesday finish. Paris J an 7 Fr AIT-LkjukIC >4 00 -1400 \kalel Anslhom HMO -1400 EIT-Auuil J57.« -4 20 Cialc
        92 words
      • Article
        Stockholm
        151 17 -0.75 pc A rush of profit-taking after the steady advance of the Swedish bourse in recent days turned the trend downwards again after active trading yesterday. "Ericsson and Astra have weighed heavily on the index. But you can't avoid the strong (underlying) trend based on hopes of interest rate
        151 words
      • Article
        Frankfurt
        240 17 -13.88 German shares ended a tense session near their lows yesterday as the market nervously awaited the results of the Bundesbank council meeting. News of a major earnings downgrade for Germany's biggest industrial group. Daimler-Benz, kept up pressure on prices throughout the session, while a new set of weak
        240 words
      • Article
        Brussels
        164 17 1.8 Belgian shares closed firmer in fairly busy trade yesterday. with interest-rate sensitive stocks dominating the market. The Bel-20 Index of leading shares closed 0.16 per cent, or 1.80 points, higher at 1,133.93, with 817 million francs worth of shares changing hands. Dealers said interest rate-sensitive banking stocks had
        164 words
      • Article
        Milan
        135 17 +o.3pc Shares ended with slight gains after a nervous session yesterday marked by reluctance to open up positions before the Bundesbank council meeting. German rates eventually left unchanged. The MIB All-Share Index closed up 0.30 per cent to 1,006. After starting well, driven ahead by a strong Fiat, the
        135 words
      • Article
        Amsterdam
        230 17 +0.65 Dutch shares were hardly affected by the Bundesbank's decision to leave its key interest rates unchanged yesterday. Prices remain mixed with a slightly firmer bias. The EOE Index was up 0.65 points at 291.53 after dipping slightly, then rising and finally settling back where it had been before
        230 words
      • Article
        Zurich
        233 17 -5.1 Swiss shares ended an active morning session lower yesterday as the market consolidated at a high level. The closing report was not available. Shares in Volksbank jumped up to 1.100 swiss francs from 720. while CS Holding bearers lost 140 to 1,960. The broad SPI Index fell 5.1
        233 words
      • Article
        Johannesburg
        294 17 +72 South African industrial shares picked up the scent of a resurgent De Beers and headed north to end at their highs yesterday. The JSE Industrial Index climbed 72 points to 4.478. De Beers ended up 75 cents at 60.50 rand, but was off its 61.10 rand high. The
        294 words
      • Article
        Toronto
        297 17 -0.45 Toronto stocks were mixed in moderate early dealings yesterday as gains in the communications sector were partly offset by a dip in precious and base metals. The TSE 300 Index inched down 1.9 point to 3.351.1 on volume of 7.6 million shares valued at CS66 million. On Wednesday,
        297 words
      • Article
        New York
        774 17 -2.71 Wall Street rose fractionally in heavy morning trading yesterday despite news of a sharp drop in the weekly jobless claims figure. At II am (1600 GMT), the Dow Jones Index of 30 leading industrials stood at 3.308.39. up 3.23 points. Trading was very active with nearly 97
        774 words
    • Article, Illustration
      Lock icon HONGKONG
      3077 18 Reuter SHARES remained weak in unremarkable trading, sapped by unconfirmed reports of a major placement by Beijing-con-trolled Citic Pacific. The blue-chip Hang Seng Index slipped 39.35 points to close at 5,547.32, while the broader All Ordinaries dipped 15.46 to 2.965.43. Turnover slipped to HKSI.69 billion from Wednesday's HK.52.27 billion.
      Reuter; Source: Bridge Info  -  3,077 words
    • Article, Illustration
      CHINA
      443 18 THE Shanghai A shares went up by 2.92 per cent yesterday to drive the CLSA Shanghai A Index to 5,794.63. Shenda Textiles Garment Corp was listed in the Shanghai A share market yesterday. The new A share closed at 11.49 renminbi, 283 per cent above its issue price of
      443 words
    • Article, Illustration
      Lock icon TOKYO
      2473 18 Reuter STOCKS ended mixed after celebratory buying on news of an Imperial wedding fizzled out. The Nikkei average breached the 17.000 level but fell back. Profittaking offset buying by public pension and insurance funds and investment trusts, brokers said. "Basically, the market fell because celebratory buying on the Crown
      Reuter; Source: Bridge Info  -  2,473 words
    • Article, Illustration
      Lock icon BANGKOK
      1852 18 Reuter MAJOR banks rallied strongly, helping to push the index up 10.21 points. The SET index rose 1.13 per cent to close at 914.32 on heavy turnover of 10.38 billion baht. Bangkok Bank climbed 3.50 baht to 101, Thai Farmers Bank 16 to 748 and Siam Commercial Bank 72
      Reuter; Source: Bridge Info  -  1,852 words
    • Article, Illustration
      Lock icon JAKARTA
      833 18 Reuter SHARE prices closed mostly higher in fairly active trade yesterday and brokers said the government's budget announcement gave prices a small boost. "Buying interest was much stronger in the afternoon. There is an expectation that the government budget might encourage more investment in stocks." one broker said. The
      Reuter; Source: Bridge Info  -  833 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2546 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE vofaime Multi-Purpose 8.2J2.000 kamunting MX; $.972,000 Rcnong Bhd 50c 2.799.000 FabcrCiroup 1.449.000 Mulpha Intl 50c 1.403.000 Scl Properties 1.292.000 Tan hong MX 1.140.000 Landmarks Bhd 940.000 Bcga>a Group 614.000 KL Industries 606.000 M taMB 561.000 Tech Resources 501.000 Pub Bk
      Source: Bridge Info  -  2,546 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Return of investors boosts prices
        4826 19 Bernama Reuter THE gradual return of investors to the market after the new year holidays helped the local bourse to a higher close yesterday but prices closed off the day's highs. The KLSE Composite Index at the close added 2.60 points to 636.26, the Industrial
        Bernama; Reuter; Source: Bridge Info  -  4,826 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon STII slightly down in profit-taking
        6858 20  -  By Dawn Tan SINGAPORE Profit-taking pared a few points off Singapore's benchmark index yesterday but brokers said hopes for a pre-Lu-nar New Year bull run still run high. "The view is that the local market is currently overextended and needs a bit more consolidation before
        Source: Bridge Info  -  6,858 words
      • Article, Illustration
        Lock icon QAF
        79 20  -  HOT STOCK Quak Hiang Whai AFTER a sharp climb in the second half of 1992. the weekly and monthly charts for QAF look bearish. The weekly relative strength index is almost at 100 and has turned down. The monthly RSI has surged above 80. The nine-week moving average is
        SOURCE: BRIDGE INFO  -  79 words
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      148 9 EXHIBITION SALE Antique And Rare 20th Century Persian Carpets DOROKHSH. Khorasan Province, Ca Ute 1800, Tree of Life motif, Wool pile cotton warp/weft 202 x 130 8 TO 18 JANUARY '93 Hassan's are ever so pleased to welcome the new year with a collection like no other: Decades-old masterpieces by
      148 words
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      484 10 A CHINA lIM M BULL At the tender age of 27, Gordon Tan has at last of the eye by the printed word, is Gordon's forte. got the recognition he so widely deserves. Gordon pleads guilty to rendering typographic For services to the advertising industry, bull skills on virtually every
      484 words
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      181 11 O Baume Mercier Breitling Chopard Concord Ebel Girard-Perregaux IWC Jaeger-L© Coultr© Longirves Movado Omega^ Pi..: Raymor d Swatch Tjg He jer THE CHRONO SHOW Individuality is the hallmark of the chronograph. Its creation reauires years of experience in traditional horological craftsmanship, the finest of materials and the highest standards of
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      138 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 Qctcb The Long-Term Credit Bank of Japan, Ltd We are pleased to inform you that with effect from Monday, 11 January 1993, our new address will be: THE LONG-TERM CREDIT BANK OF JAPAN, LTD Singapore Branch LTCB FUTURES (SINGAPORE) PTE LTD
      138 words
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      141 13 CEPHALON HOLDINGS PTE LTD (la VoL Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section 308 of the Companies Act (Cap. SO) thai the Final General Meeting of the Members of the abovenamed Company will he held at the Office of M/s Wee Seng Tiong A Co., I Colombo
      141 words
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      Page 13 Advertisements Column 3
      176 13 SOON SENG ENGINEERING PTE LTD (to Vol—fry Lt«»tdalta«) NOTICE OF PINAL MEETING NOTICE IS HEREBY OIVEN pursuant to Section 90S of the Companies Act, Cap. 50, Ihet the Final Meeting of tha Member* of the abovenamed Company w® ba held at 51 Anson Road, #02-57 ft *02-59, Anson Centra, Singapore
      176 words
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      190 14 IW p 1 I Ol II IM.I s Semba«ani» I loldiniis evecutive ha I 1 MI I M -K« an*j < llii' panel hairi I conomii iK-ulopmcnt Board nianatiinji director I an liin Na National Prod in tniU Hoard e\e«uh\e director hoh Juan hi: N.iUonal I ni*crsit\ <»l Siniia|M»rc dean
      190 words
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      134 15 1992 PWI I Ol .11 IK,I S Scniba«anii Holdings executive chairman I Isu I st-kwanu (IIk- panel's chairman) hconomic Development Board manauinu director 1 an hin Nam National Productivitv Board executive director koli .Juan hiat National I niursit> of Sinuapore dean tfacultv ol business administration) W ec how I Ion
      134 words
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      372 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX: 734 3698 Into natteraf THE COMP AMES ACT, CHAPTER H and bitomattar at THERMAL DYNAMCS PTE LTD (M VOLUNTARY UQUDAIKN) M n Enraonjma/y Ganaral Mooting ol to in—ton d Tl—Ml Dynamo fto Lid duly -lf> W L t uiwviininG npua rvnooweon Road
      372 words
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      70 18 nu I^Singapore THE HOUR CLASS Lucky Plaza Tel *****20/ I Scotts Tel 2 *****7/71V8 fffß&QrCjnf Cent repoint Tel 7341VM1/601 Peninsula Plaza Tel *****0W338VA3 World Trade Centre Tel *****07 *****62/543* 1)***** Changi Airport Terminal 11 East 6Wesl Wingsi Tel *****69/0 Terminal 2 (South Wingl Tel *****81 Sole Agent THE HOUR CLASS
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      176 19 YOUR VERY OWN HASSLE-FREE aKTOow^Ncws-oippiwGsav^ If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee of only $250 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised research
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  • Page 20 Advertisements
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      88 20 '<*WBI Blanc paiN 1 NEVER BEEN A QUARTZ BLANCPAIN WATCH I THERE NEVER WILL BE Singapore THE HOUR CLASS Lucky Pteu Tel *****2<V1 Scott s 21*rt27<7 I'M mw Cent repaint Tel 7141MM01 Peninsula PLua Tel n7BWiMIBV>6I World Trade Centre Tel *****07 Palais Renaissance Tel 7 H1262/">4l Rallies Tel I*4 <241
      88 words
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  • SPORTS
    • Article, Illustration
      Lock icon More at stake than ever in PGA Tour
      851 21 A record high prize money of USss2m, lawsuits and Raymond Floyd will take centre-stage this year Golf Reuter CARLSBAD. California The seemingly recession-proof PGA Tour received a financial boost on the eve of the 1993 season when commissioner Deane Beman announced a
      Reuter  -  851 words
    • Article, Illustration
      Where has the ball gone to?
      69 21 PERTH, Australia Petr korda and .lana Novotna of the Czech Republic appeared to have lost the ball in their Hopman Cup mixed doubles semi-finals against Emilio and Arantxa Sanchez of Spain on Wednesay. Korda and Novotna lost the match 6-3, 3-6, 5-7, giving Spain
      69 words
    • SIDELINES
      • Article
        Gretzky returns but Kings still lose
        92 21 INGLEWOOD. California Wayne Gretzky's first game of the season and the I,oooth of his career was a personal success, but another team failure. Gretzky, the NHL's all-time leading scorer, got two assists on Wednesday night, but the slumping Los Angeles Kings dropped a 6-3
        92 words
      • Article
        Price helps Cavaliers beat Bulls
        109 21 NEW YORK Mark Price scored 23 of his 30 points in the second half to lead the Cleveland Cavaliers to a 117-95 win over the Chicago Bulls on Wednesday, dealing the NBA's defending champions their second loss in two nights. The home victory was Cleveland's
        109 words
      • Article
        Zimbabwe to be seeded at Dunhill Cup
        88 21 ST ANDREWS. Scotland Zimbabwe will be a seeded team at this year's US$l.6 million (552.6 million) Dunhill Cup golf championship even though it has never even made the final. Organisers say it deserves being one of the eight seeds in the 16-team tournament
        88 words
      • Article, Illustration
        Young: NFL's most valuable player
        103 21 NEW YORK Steve Young (right), once the most valuable backup quarterback in football, now is the NFL's Most Valuable Player. The 31-year-old Young, who replaced Joe Montana as San Francisco's quarterback in 1991 and had a breakout year this season, was selected The Associated Press
        103 words
      • Article
        Krajicek out of Aussie tourney
        65 21 ADELAIDE Top-seeded Richard Krajicek was bundled out of the Australian men's hard-court tennis championships yesterday by Texan Alex O'Brien, a professional for only six months. The big-serving Dutchman, ranked 10th in the world, raced to a 3-0 lead in the first set. But then his
        65 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        191 21 AFP WASHINGTON National Basketball Association results and standings from Wednesday. Boston 103, Indiana 94; Philadelphia 132, New Jersey 106; Cleveland 117, Chicago 95; Detroit 110, LA Clippers 103; LA Lakers 98, Minnesota 78. Eastern Conference: Atlantic Division (W L Pet GB) New York (19 10 .655 New Jersey (17
        AFP  -  191 words
      • Article, Illustration
        Lock icon Tennis
        403 21 Reuter AP AFP Reuter AP PERTH Top seeds Germany took a 2-0 winning lead over fifth seeds France in the second semi-final of the 12-nation Hopman Cup mixed team tennis tournament yesterday. Results (Germany first): Steffi Graf b Nathalie Tauziat 6-3 6-4; Michael Stich b Guy Forget 6-2 6-7
        Reuter; AP; AFP  -  403 words
      • Article, Illustration
        Lock icon Ice hockey
        51 21 Reuter NEW YORK Results of National Hockey League games played on Wednesday: Buffalo Sabres 3 Hartford Whalers I; New Jersey Devils 5 Minnesota North Stars 1; New York Rangers 6 Ottawa Senators 2; Vancouver Canucks 5 Toronto Maple Leafs 2; Tampa Bay Lightning 6 Los Angeles Kings 3.
        Reuter  -  51 words
      • Article, Illustration
        Lock icon Soccer
        47 21 Reuter LONDON Draw for the semifinals of the English League soccer Cup made late on Wednesday: Blackburn v Ipswich or Sheffield Wednesday; Crystal Palace v Arsenal or Nottingham Forest. First leg matches to be played week commencing Feb 7, second leg week commencing March 8. Reuter
        Reuter  -  47 words
  • Page 21 Advertisements
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      9 21 Managers must manage BT shows you how every Monday
      9 words
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      Page 21 Advertisements Column 2
      312 21 Notices IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF BAN HEONG FOODSTUFF INDUSTRY PTE LTD (Incorporated in Singapore) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of members of BAN HEONG FOODSTUFF INDUSTRY PTE LTD duly convened and held at 151 Chin Swee
      312 words
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      Page 21 Advertisements Column 3
      341 21 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 HOYER (FAR EAST) PTE LTD MEMBERS VOLUNTARY liquidation At an Extraordinary General Meeting of the Company deemed to be held on 31 December 1992 the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily
      341 words
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      Page 21 Advertisements Column 4
      358 21 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF STRAITS PRODUCE PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of Straits Produce Pte Ltd duly convened and held on 4 January
      358 words
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      Page 21 Advertisements Column 5
      362 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOVIET AUSTRALIAN ENTERPRISES SINGAPORE PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of Soviet Australian Enterprises Singapore Pte Ltd duly convened and
      362 words
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      Page 21 Advertisements Column 6
      341 21 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF KNOWLE TRADING PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the above-named Company, duly convened and held at 190 Middle Road
      341 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Big band's funny man
      798 22 Wednesday saw the passing of two legends —jazzman Dizzy Gillespie and dancer Rudolf Nureyez NYT DIZZY Gillespie, the trumpet player whose role as a founding father of modern jazz made him a major figure in 20th-century American music and whose signature moon cheeks and bent trumpet
      NYT  -  798 words
    • Article
      Sugar Ray's ex-wife sued by lawyer
      308 22 CHATTERBOX FORMER boxer Sugar Ray Leonard's former wife has another court battle ahead of her this time with her lawyer. Los Angeles divorce lawyer Marvin Mitchelson has filed a suit against Juanita Leonard in federal court in Baltimore, claiming she still owes him U*****,000
      308 words
    • Article, Illustration
      Lock icon The pop star of ballet
      786 22 NYT RUDOLF Nureyev. 54. one of the most charismatic ballet stars of the 20th century and an artist who was often called the greatest male dancer since Vaslav Nijinsky, died on Wednesday in a hospital near Paris. He died of "a cardiac complication, following a
      NYT  -  786 words
  • Page 22 Advertisements
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      99 22 The only fish head curry that matters _>£_ seraWgoon road- i is right j hprpf i llvl C* ]§["sWlf i j I *L— 'SLr I If you think all fish head curries are the same, you've probably not 8 tried our delicious version. To track down the right taste and
      99 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      1114 22 TV RADIO OUR CHOICE In the Eyes of a Stranger, 10.00pm, SBC 5 A deaf girl who recovered her hearing is caught in a shootout between two crooks, but with headphones on. she's deaf to the secret location of their loot. Still, strange men edge into her life in this
      1,114 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      972 23 MmHliiltf A B«i frfcVlfll WHERE T0 W,NE D,NE AND ENTERTAIN OK One buffet k two cuisines. J Jan 2 -IS We've created a buffet that gives you the best selection of both, in one meal. We call it our Canto-Thai buffet. Begin your feast with crispy suckling pig before you
      972 words
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      Page 23 Advertisements Column 2
      335 23 Y Finos de Claire Oysters, Salmon "Norvegienne", \Vi Escargots with Mushrooms and other French favourites at our sumptuous buffet. We know you 11\ can hardly wait... J I *pore J p p Hifhest r Restaurant tloof Wf y'W the world to you at Top of the M \d/Z!a/<tfar</< S C
      335 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Plastic power surges 20-50 pc this festive season
      432 24  -  Credit card firms tempt consumers with lucky draws. Hong Lee Tiam reports Hong Lee Tiam USE of charge and credit cards is up 20 per cent to 50 per cent this Christmas past and Lunar New Year as consumers pull out their
      432 words
    • COPY LINES
      • Article
        Reader's Digest's products launch
        47 24 READER'S DIGEST, one of the world's leading direct-mail marketers, yesterday announced the launch of its home entertainment products in Singapore. Singaporeans can now buy compact discs, videos and tapes through direct mail. The move by Reader's Digest follows extensive market research and testing.
        47 words
      • Article
        Warner Bros promotes key men
        85 24 BURBANK, California Warner Bros has promoted three key executives in anticipation of the expansion of its retail unit. They are: Dennis Adomaitis, senior vice-president of worldwide operations; Barry Gilbert, senior vice-president of store operations; and Linda Gillen Postell, senior vice-president and general merchandise manager. Warner
        85 words
      • Article
        Chrysler's new line
        72 24 DETROIT Chrysler Corp this week showed off two longer versions of its LH mid-size car in the US. The models the New Yorker and LHS will join the Chrysler Concorde, Dodge Intrepid and Eagle Vision later this year. Chrysler hopes the models will help it regain long-lost
        72 words
      • Article
        Macy's division chairman resigns
        62 24 NEW YORK Daniel B Finkelstein, chairman of department store R H Macy Co's West Coast division, has resigned suddenly, marking the end of a family dynasty. Rudolph J Borneo, who is president of the West Coast division, and a graduate of Macy's executive training programme, will
        62 words
    • Article, Illustration
      Lock icon Foreign firms making renewed effort to crack the Chinese market
      525 25 FT CHINA has been a beguiling business opportunity for almost 200 years. In the 19th Century it was the Manchester cotton spinners' dream to put a shirt on the back of every Chinese. Today the dream remains the same, it
      FT; Source: China State Statistical Bureau,  -  525 words
    • Article
      Lock icon Listen out folks, country music is twanging its way to you real soon
      357 25 Bloomberg GAYLORD Entertainment Co is as American as a picnic on the Fourth of July. But now, the Nashville-based company wants to export its slice of Americana to the rest of the world. The country music media
      Bloomberg  -  357 words
    • Article
      Joint ventures may not be the best way into China
      347 25 DMB& B's managing director Hongkong/China. David Fong. was given a brief to find the agency a venture partner in March 1991. But he found another, more profitable way to open doors in China. "I hesitated because it didn't seem like
      347 words
    • Article
      SPH Shine is most popular service on Teleview
      231 25 SPH Shine, the electronic information service run by Singapore Press Holdings, was the most popular service on Teleview in 1992. It was accessed a record 7.8 million times during the year, or 112 per cent more than in 1991. SPH Shine, the
      231 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      597 24 j Hrr* Lack Sinr /)»■> Itmßmmm Um nrkMßr** Ami hmk+B Ujw-j Urnnn,* mmiMt am* TT^s| BuanessDmes SB v <*.»«■>> »> >*"* v< I _j i t mt»<r> <<: >; I i i 1 Singapore disk drive output Courts offer set to hit record high < OSCS I *™SEi sr^^r 1
      597 words
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      Page 24 Advertisements Column 2
      146 24 BUSINESS TIMES TOLL-FREE TEL. No. I 800-737 0043 FAX:734 369« -SKSEFSKT" AND M TIC MATTER OF ■ssss«B??srs> notice or RcaouimM Kgs^r&^sEa, o 11 JOB «JIU fc»n«M««K betowverediirpeMed: (a) Tm SwConpany be anundig SSMMSS ag^ssE.'ls^; fslas AS OROINARY RESOLUTION «Baa*srawJ: booto. accounts and doojmerta of tfw Corrparry and »o— d thetiqiAl**
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      Page 24 Advertisements Column 3
      113 24 .sißkTam AND M THE MATTER OF ONCE A TREE DESGN PTE LTD ih,, ?saar~' zzzszssssg^> ino of the merrtbew olMdwj S3 1334 1902 M 10.30 un. Ina RaaoMtana sal out batoar aw* duly paaaad: w eljg»Jgl oi the Gorrpany *no inOM c* the Wurtaiof may be <»«Ppeed of aSaMha dfcsoMnn
      113 words
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  • Page 25 Advertisements
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      368 25 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF PAPST MECHATRONIC (SINGAPORE) 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 1 Chat Chee Road, Singapore 1646 on
      368 words
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      Page 25 Advertisements Column 2
      370 25 BUSINESS TIMES lI.IIMM TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SKIPPER YACHT SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members ot the abovenamed Company duly convened
      370 words
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      Page 25 Advertisements Column 3
      354 25 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF PHUP TAN HOLDINGS 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 SiGenting Lane #02-03 Everich Industrial Building. Singapore
      354 words
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      Page 25 Advertisements Column 4
      369 25 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF WARDLEY CORPORATE ADVISORY SERVICES PRIVATE LIMITED (In M—bW Voluntary liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the Abovenamed Company duly convened and held at 21 Collyw Quay #21-00. Hong Kong
      369 words
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      Page 25 Advertisements Column 5
      367 25 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF WARDLEY NOMINEES SERVICES (PTE) LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the members of the abovenamed Company duly convened and held at 21 Colyer Quay #20-02, Hong Kong Bank
      367 words
    • Advertisement
      Page 25 Advertisements Column 6
      272 25 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF U G BOUTIQUE PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding-up At an extraordinary General Meeting of the Members of the abovenamed company duly convened and held at SBS North Bridge Road. #14-13 Blanco Court. Singapore 0718
      272 words
    • Advertisement
      Page 25 Advertisements Column 7
      373 25 THE COMPANIES ACT. CHAPTER 50 SECTION 290(2)(b) Notice Of Resolution SYSTEM UNION (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of System Union (Pte) Ltd held at 24 Ang Mo Kio Street 65 Industrial Park 111. Singapore 2056 on the 31 st day of December 1992. the
      373 words
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      Page 25 Advertisements Column 8
      457 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DICKSON TOO (91NGAPORE) PTE LTD (In Hurtbw' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Etdraofdmary General Meeting of the merrtoers of the abovenamed Company duly convened and held at 400 Orchard Road #2408, Orchard Towort, Singapore
      457 words
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  • Article
    A safe and attractive haven
    486 26 EDITORIAL THE SINGAPORE stock market was the region's laggard during 1992. But a positive thing has happened in the new year. A long awaited rally has finally materialised and foreign institutions which ga\e the local bourse a miss have turned enthusiastic buyers. Share prices of
    486 words
  • WHAT THE OTHERS SAY
    • Article
      Cry, the Bosnians
      462 26 THERE is a look of the delusory about the proposals offered by United Nations and European Community mediators to end the madness in Bosnia-Herzegovina. What was presented to the protagonists by Mr Cyrus Vance and Lord Owen, the co-sponsors, in Geneva was a method for carving up
      462 words
    • Article
      Attracting the best
      155 26 THE EDB's efforts in getting 3,300 highly qualified people from overseas to work here would help to nourish Singapore's shortage of experts and spur its economic growth. There is keen competition throughout the world to attract highly qualified people who can inject transfer of technology and sustain
      155 words
    • Article
      Confusion in Cambodia again
      340 26 DUE TO some unpleasant experience at the beginning of the peace process, the Khmer Rouge has not been adopting a positive attitude towards the United Nations Transitional Authority in Cambodia (Untac) and other factions in Cambodia in the past one year. It has refused to disarm
      340 words
    • Article
      Hopes for Japanese royalty
      176 26 IT HAS been unofficially decided that Crown Prince Naruhito is to be married to Miss Masako Owada, an acquaintance of his for some years. The decision is a most happy event for the new imperial family, which ushered in a fresh era of Heisei, and we
      176 words
    • Article
      Prudence preferred
      187 26 TO SOME measure, the stringent monetary policy has tightened the conditions for consumer credit and dampened excess demand, especially for private consumption. For instance, car sales dropped by 4 per cent during the first half of 1992 while bank loans for consumption declined to 19 per cent compared
      187 words
  • Article, Illustration
    Lock icon The Bush principle on when to use force
    824 26  -  As he prepares to step down from office, US President George Bush leaves behind an insight into the guidelines that helped formulate his foreign policy. William Safire examines them William Safire NYT WHEN a departing president makes a serious effort to examine
    NYT  -  824 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      93 26 OONVBSfIIONS 1 RATTLES 'Many of today's problems are the result of decisions women not participate KANWAUIT SOIN, surgeon. w££•' president of women's group Aware, and Nominated Member of i Parliament, argues the cose for more women to f -c X. become policy-makers. V She talks about why many women support
      93 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      41 26 POONESBURY GARRY TRUDEAU was pHMNiveeerI\ Vv 'MALCOLMX" fIPW/ SP*Z GOTBKJ»€K \JB masr MHcajMoauiae* >*.*** FSOGTHNBS ABOUT L I I fc fKnVNTZZVXJ. |mi xsms[pK*rTajnß6D ■mr~ niecTr 9» 'COURSE OOMVeMtHHEfAG. TEACHERS IHA£, ALso,sp*£ncN7 m ;3V?r FCKTHAT, Of POOL. SHOVENOUGH&SffCT IC MAN. I J~ FOKTHEffmUFTIN'
      41 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Despised, denied — the elite
      731 27  - Despised, denied the elite The French public is growing increasingly critical of its politicians, journalists and businessmen in the light of recent revelations, writes Patrick McDowell Patrick McDowell AP THE SAME phrase is heard in France these days from taxi drivers, waiters, teachers and farmers: "They're all rotten!" "They" are
      AP  -  731 words
    • Article, Illustration
      Creating confidence in Cambodia
      2301 27  -  Unruffled by threats to the peace accord in his country, Hun Sen, Prime Minister of the State of Cambodia and a member of its Supreme National Council, gave an exclusive interview to BT Indochina Correspondent Harish Mehta in Phnom Penh on Tuesday Harish Mehta HUN SEN's
      2,301 words
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  • Article, Illustration
    Lock icon US gives Iraq 48 hours to remove anti-aircraft missiles
    508 28 Baghdad rejects ultimatum but reports say weapons have been moved Reuter AP UNITED NATIONS The United States, Britain and France, with Russian backing, have given Iraq 48 hours to remove anti-aircraft missiles from a no-fly zone over southern Iraq. The ultimatum
    Reuter; AP  -  508 words
  • Article
    Lock icon Bundesbank to keep high-interest policy despite appeals
    214 28 Reuter AFP FRANKFURT The top de-cision-making body of the Bundesbank, the German central bank, decided yesterday to keep interest rates unchanged, sticking to a high-interest policy in defiance of anguished appeals from across Europe. The discount rate remains at 8.25 per cent and
    Reuter; AFP  -  214 words
  • Article
    Japanese PM to sell new Asian order on Asean trip
    396 28  -  From Koichi Ishiyama in TOKYO JAPANESE Prime Minister Kiichi Miyazawa, who leaves Tokyo on Monday for an eight-day visit to Asean, is expected to express Japan's strong determination to create "a new Asian order" during the tour. The premier is
    396 words
  • Article
    Lock icon US jobless claims at lowest level since April '89
    203 28 AF WASHINGTON The number of Americans filing new claims for unemployment insurance fell by 40.000 during Christmas week to the lowest level in nearly four years. The government said yesterday that the unexpectedly large drop brought the level of claims for
    AF  -  203 words
  • Article
    Lock icon Clinton attacks Bush Budget, hits out at camouflaged deficits
    315 28 AFP LITTLE ROCK, Arkansas US President-elect Bill Clinton has harshly criticised President George Bush's draft 1994 Budget, accusing its authors of deliberately "camouflaging" the deficit he inherits in two weeks. He said on Wednesday that the draft released earlier in the
    AFP  -  315 words
  • Article
    Beijing sees Pudong as better role model than Shenzhen: professor
    325 28  -  By Helen Chang SINGAPORE The Chinese government will pay more attention to developing Pudong than Shenzhen, believing the former to be a better role model for the country's burgeoning economic zones, said a visiting professor. Pudong officials will also select
    325 words
  • Article, Illustration
    Singapore GLCs likely to go big into China
    882 28  -  The Bottom Line YONG POW ANG YONG POW ANG The writer is a BT correspondent who has just completed a two-year attachment to the Institute of East Asian Political Economy. SINGAPORL investment in China is entering a third wave, and we can
    882 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      228 28 INVESTMENT Tomorrow in Business Times Quality in an age of change SELECTA-NOVA. by hansgrohe Germany. Top Shower Manufacturer In Europe. I ///s/ Honsgrohe's Sateclo wos Ihe I first handshowerwdh a variable I //iff sproy pattem.lt became a mfl- I f/Jjff lion-seinghitandahalmorft I ofHansgrohequaSlyfromlhe I I f./ff Block ForestThatis why rtwJl
      228 words
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      Page 28 Advertisements Column 2
      11 28 Think tank sees W German GDP growth falling lpc, Pg 8
      11 words
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      Page 28 Advertisements Column 3
      9 28 Budget projects USs34b in additional thrift losses, Pg 12
      9 words
    • Advertisement
      Page 28 Advertisements Column 4
      59 28 J '^INVESTMENT Tomorrow in Business Times HUBLOT Hublot a Sensational Feeling on Your Wrist. >\K|<| VV, »V-.V ;l* IN »P' K iv'l C"-l 1 S'-'v 'HI I ■> S > c» R .'!*>■■ H Cl HxßlWl'.'-'n f >\ t-: S l f' > *Mf 4ih Mti V' KKf i t
      59 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Flags of convenience slammed
      534 29 Tanker disaster off Scotland Reuter LONDON British seamen's unions are attacking the safety record of ships that sail under flags of convenience (FOCs) as oil from a grounded Liberianregistered tanker fouls the coast of Scotland's Shetland Islands. "We have been warning the government for years that
      Reuter  -  534 words
    • Article
      Lock icon Concern raised over age factor
      329 29 AFP LONDON The Shetland Isles oil tanker disaster has reignited a debate over the safety of ageing oil tankers, branded floating time-bombs by opponents. The disaster, which occurcd near one of the biggest bird sanctuaries in Europe, has raised questions over the routes taken by
      AFP  -  329 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1136 29 Page Col ABC Containcrline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 I ANL 3 1/2 APL 5 3-5 Asian Break-Bulk 16 5 ASCL 5 5 ASXCLShpg 15 2 Austorient Shpg 15 2 Avant Shpg
      1,136 words
    • Article
      Lock icon Owner, not charterer, liable for claims
      188 29 Bloomberg LONDON The owner, not the charterer, of the stricken oil tanker Braer, which ran aground off the UK Shetland Islands on Tuesday, is liable for insurance claims and the cost of the cleanup operation, said lan White, managing director of the International Tanker
      Bloomberg  -  188 words
    • Article
      Break bulk shipments to Bangkok, China firming
      491 29  -  By Juliette Walker SINGAPORE The usually sporadic shipments of conventional freight out of Singapore to Thailand and China are firming up on the strength of economic growth and foreign investment in the two countries. "There are regular cargo movements to these two areas,
      491 words
    • Article
      Lock icon Thai port tariff to be postponed
      158 29 knight-Ridder SINGAPORE Ocean carriers said the Thai government has agreed to delay a planned Jan 1 port tariff by at least 3 months and perhaps by as much as 6 months, the Journal of Commerce has reported. The Port Authority of Thailand claims the
      knight-Ridder  -  158 words
    • Article
      Lock icon EC acts against Far Eastern shippers
      234 29 Reuter BRUSSELS The European Commission said it started proceedings against the Far Eastern Freight Conference (FEFC) and its members for fixing transport rates in Europe. "The Commission has decided to send a statement of objections to the FEFC and its members," a statement said
      Reuter  -  234 words
    • Article, Illustration
      Lock icon A year of tug-of-war games for the Thais
      1019 30 1992 was a year of tugs-of-war for the Thai shipping industry. Several games started at the very beginning of the year but many had not finished by the year-end The Nation THE FIRST round was between the Anand 1 government and the
      The Nation  -  1,019 words
    • Article
      DAILY FREIGHTS
      432 30 The tanker market on Thursday, continued to see much renewed fixing interest for large vessels from the Mideast Gulf, brokers said. Saudi charterer Vela secured a westbound ULLC at worldscale 45, and at least 10 VLCCs were fixed to the Far East and Rotterdam, a number more typical
      432 words
    • Article
      TRANSPORT DIARY
      1200 30 COURSES 1993 From Jan 20 (8 evenings): Import/Export and Shipping Procedures organised by ELIM Management Services (SDF 50%). For course details and application forms, please call *****70. Shipping courses organised by Singapore Freight Forwarders Association. Feb 4 Apr 22 (11 evenings): International Frieght Forwarding I (SDF 70%). Feb
      1,200 words
    • Article
      THE SHIPPING GUIDE
      11568 38 I his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang
      11,568 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        577 45 Vessel Voy No Berth Arrival Departue Vessel Voy No Berth Arrival Departire Jurong Port Robin/L ****** P01A alongside 0701/1500 A1 Heba ID/93 J3 alongside 08 12 0800 Saudi Tabuk US059 P01 alongside 07 01/1430 ASI 49/B J1 alongside 08.12/1200 SC965F 07/01* P01A alongsde 07 01/1400 lade C
        577 words
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        MALAYSIAN PORTS
        177 45 Penang Port bi the roads: Hong Mao Hai, Bunga Kiambang. Filaos, Levin. Penbunker, Hock Huat, Bg. Soon Hock 11, Kastun, Asian Providence. Azam 11. Asaigol, Albaky, Alam Indah, Ikrari Maru 3002. Nagoya-1, Hang Jun 4009, Hang Tou 905, Hang Yang 802, Hang Bo 4502, Hang Bo 3505, Skiathos.
        177 words
      • Article
        CONTAINER SCHEDULES
        1228 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Stj> Voy No Corrtaners ivaiable SJ* Voy No Container? avaiatte Kasuga I 24/153 COO(EST) 07.0193 1500 Saudi Tabuk USA059 0701.93 0510 Vira Bhum 28N COO(EST) 07.01.93 2300 N Topaz 25E 07.01.93 0530 Boris Andree 40CW92 COO(EST) 07.0193 2300 B Penaga 9301
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    • AIR AND LAND TRANSPORT NEWS
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        Lock icon Boeing denies tie-up with Airbus on super jumbo
        555 48 NYT PARIS In a bizarre twist in the rivalry between the world's two largest aircraft manufacturers, Europe's Airbus consortium insisted on Wednesday that it had agreed to study building a super jumbo jet with the Boeing Co while Boeing denied it. Boeing
        NYT  -  555 words
      • Article, Illustration
        Lock icon Clinton wants better fuel usage for cars
        381 48 Reuter LITTLE ROCK, Arkansas US President-elect Bill Clinton told leaders of the Big Three carmakers on Wednesday that he wants to see American cars with better fuel efficiency but did not want to hurt the already struggling industry in the process. The president-elect
        Reuter  -  381 words
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        Lock icon Taurus beats Accord as best selling car in US
        392 48 Bloomberg DETROIT In the most hotly contested sales battle in the US auto industry, Ford Motor Co said on Wednesday its Taurus surpassed Honda Motor Co's Accord as the nation's best selling car in 1992 for the first time in three
        Bloomberg  -  392 words
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        Lock icon United Airlines to lay off 2,800 workers
        425 48 Bloomberg CHICAGO UAL Corps United Airlines became the latest carrier to announce stafT cuts in hopes of stemming its share of the billion dollar losses in the airline industry. United said it will lay off 2,800 workers, cut pay checks, and cancel routes
        Bloomberg  -  425 words
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        Lock icon Ansett joins Alitalia in new commercial deal
        209 48 AFP SYDNEY The domestic airline Ansett Australia announced a new commercial agreement with Italy's flag carrier Alitalia to strengthen international links in the face of increased competition. The arrangement is the eighth for Ansett in the past three months as new alliances develop
        AFP  -  209 words
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        • Article
          Lock icon New Seoul govt to take over project
          85 48 AFP SEOUL South Korea's newly eleeted president has won the battle with the outgoing administration over deciding on contracts for a high-speed train system and other massive projects, a report said yesterday. The Joong-ang Daily quoted an unidentified official at the presidential Blue
          AFP  -  85 words
        • Article
          Northwest unions seek bigger stake
          105 48 CHICAGO Northwest Airlines' six unions will seek about an 80 per cent equity stake in return for a proposed US$9OO million (SSI.S billion) investment in the ailing airline, sources familiar with the unions' talks with the company said. In addition, five positions of a 15-member
          105 words
        • Article
          Lock icon TWA wants extension for revamp
          106 48 Reuter PHILADELPHIA Trans World Airlines Inc said it had filed a request with US Bankruptcy Court in Delaware for a 30-day extension, to Feb 17, of its exclusive right to file a plan to reorganise the company. They (TWA lawyers) have made a filing and
          Reuter  -  106 words
        • Article
          Lock icon Kiwi employees create marketing fund
          99 48 Bloomberg NEW YORK Kiwi International Air Lines said its employees will defer half their salaries in January to create a special marketing fund designed to combat price cuts led by Continental Airlines. Kiwi, a tiny discount airline that began service in September, is fighting Continental's
          Bloomberg  -  99 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1327 48 a& nw eta i ctd Abu Pbabi GA890 2330 AdetaM* QF81 1935 QF82 2050 I SQ227 2230 Amsterdam KL837 1515 KL838 0040 SQ323 1815 SQ320 1100 GA890 2330 A thews SQ348 2300 Auckland NZ35 1425 BA11 1340 SQ285 2115 SQ288 2045 N236 2235 BA12 2200 Bandar
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      2762 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 \l| 9MW BOOKINGS TEL: *****34 *****58/ *****40 ■11IM CPS (PSA F5) TEL: *****21/ *****79 IT EMM?] PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. %SSSF A PORT KELANG TEL: *****18 FAX: *****91 *****88 n♦« r»..«i;4», PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
      2,762 words
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      Page 31 Advertisements Column 2
      1872 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 uasc7l g UNITED ARAB SHIPPING CO./SAG) I/■ a m aw w I w I <*» Ml m uwi mow tvoi M/ 02 21/02 i/u vol SANTA MU MOW 2/02 101 U/01 12/01 M/ 81 ft OMtfM MOOT 17/12 M/ 01 M 03
      1,872 words
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      Page 31 Advertisements Column 3
      1258 31 ■□iV.HiHU'L'H IMPROVED SERVICES TO WEST AFRICA WEST MEDITERRANEAN TWICE-WEEKLY DEPARTURES FASTER TRANSIT TIMES Vessel Voy ETA ETD FeeOet by Sea Lark/Aries DESTINATIONS TIM oeek Lease Maersk 9302 nyffIHIBUBaWWTUTMI^WII— 14/1 I»S9 MRS CFS 14/1 1159 MRS JOM LPK PEN OAK LGB HOU SOO ATL MIA CMS BAL PML NYC ARC TOR
      1,258 words
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      1554 32 AQABA R'DAM/ LE ■ntjn VOY NO S PORE JEDOAH (via JED) S TON H'BURG ANT HAVRE LEVERKUSEN EXPRESS 10/353 9/1 18/1 24/1 27/1 30/1 1/2 3/2 LMI WIMW KITANO 17/301 16/1 26/1 1/2 3/2 6/2 S/2 10/2 KELAIM > fPtAHG ELBE 14/102 21/1 6/2 9/2 7/2 CMtiO TO UK,' CONTNHT
      1,554 words
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      545 32 FCL 4 Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., I Sote Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea t Vietnam t Mongolia t Hungary CSFR Poland ocwrans AGENCIES (FAR EAST) LTD I NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA L Feeder Vessel ITA UN A. ABRAHAM
      545 words
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      Page 32 Advertisements Column 3
      1412 32 Bljoaaaia EJtsnt WREGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOV SIN ALQ BCL* HAM BRE# ROT A NT# FEL LHA NORASIA SHARJAH 9245 3 12/01 03/02 05/02 07/02 08/02 09/02 10/02 11/02 12/02 NORASIA MUBARAK 9246-3 19/01 10/02 12/02 14/02 15/02 16/02 17/02 18/02 19/02 NORASIA AL MANSOORAH 9247-3 26/01 17/02 19/02
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      Page 33 Advertisements Column 1
      2068 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppei Towers Singapore 0208 Tel: *****88 Fax: *****17 sMppmg Ltd accepts CONTAINER SERVICE TO CAMBOOU CARGO DUE SMLS STRAITS KNTUK VOIE Muara. lab MO9 lan 10 lan 11 tin STRAITS STAR VOll KK. Shan. Taw 11 13 lan 12 lan
      2,068 words
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      Page 33 Advertisements Column 2
      2563 33 SINGAPORE AGENT: T)CX\ P&O Containers (Singapore Agencies) Pte Ltd I 111 W V rflPB Mlcl I I I 9 10 hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 v—w— Tel 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PWG -MQ SM
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      651 34 I DJAKARTAI INDONESIA NATIONAL UNE Tg feu ROPE express *a wt urn mx irwttl woo I wmwf KUTAI 27W8 23-27/? 23/3 21/3 2/4 7/4 > TO R^l^ggrTjyNEß EAST COAST POUTS' VSL/VOY Wt STORE STD MELD WIS IF« mo MJSTRAUA/***** 20/1 H/l 5/2 «/2 2/2 14/2 WO 60WA/***** 23/1 22/1 1/2
      651 words
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      Page 34 Advertisements Column 2
      1432 34 HANJIN SHIPPING FDRVSL I SM I Lt( HAUL SEA VCR FDR VSI SM |LNE HAUL SAV AM NYC HJ KWANGYANG 097E 11/1 H. KEELUNG 0401 4/2 5/2 HANJM KWANGYANG 097E 11/1 M. SEATTLE 027E 11/2 19/2 21/2 HA PUN KUNSAN 083E 18/1 H. MASAN 0761 U/2 12/2 HANJM KUNSAN 083E
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      Page 34 Advertisements Column 3
      1372 34 #^l=iTJd-IrHdd?^ Im lu we us fus wt o» net sou no uu as ui nc un mm mm n* ws rso ac m I OMIT «MO 111 13/1 19/1 17/1 21/1 »/l 26/1 21/1 29/1 30 1 1/2 12/2 24/2 26/2 27/2 9/3 11/} 11/3 12/3 13/3 23/3 2/4 t/4
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      Page 35 Advertisements Column 1
      1538 35 SCX: NEPTUNE AMBER 10E' ETA SGP 13/01/93 II ,LJ II ARRIVING LOS ANGELES 3V0V93 IN 17 DAYS. I II AEX: NEPTUNE PEARL 07E* ETA SGP 17/01/93 H ARRIVING NEW YORK 08/02/93 IN 22 DAYS. 1 I rowwy. us* wumn I I U FEEDER VSL VOY SGP MOTHER VSL VOY SET
      1,538 words
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      Page 35 Advertisements Column 2
      1206 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOtC-DtSCHAfiONG WESTBOUND-LOADING TRAHSHfPED VIA ROTTERDAM
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      Page 36 Advertisements Column 1
      1362 36 t4 v AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR 1*0: **********0 M) V W V tJAI AVOIA ISb 1 2 9 77 TELEX KAWAKI R*****5 FAX: *****07/8/9 W T MALAYSIA: K LINE MARITIME (MALAYSIA) SDN BHD V M. I E/ lklnm cc JEL; SA *****00 PK *****75 PEN *****0 JB
      1,362 words
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      Page 36 Advertisements Column 2
      1118 36 PHI LI on It NT LINGS PU LTD Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU p3 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION V9|r MMB— M 18 JAN SYDNEY. MELBOURNE. BRISBANE.
      1,118 words
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      Page 37 Advertisements Column 1
      972 37 (PACIFIC INTERNATIONAL LINES (PTE) LTD] I SSSSj? 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I CRNO_IOOBO67OOOOEJ VESSEL VOY SIN BKK SIN VOV STR JKT «N «iun uioiuc fuu a/1 i-»/i i«/i KOTA INOAH 3121 10/1 13/1 17/1 SINO MARINE 04N 9/1 13/1 16/1 BUNGA TERATAI 3123 12/1 15/1 19/1
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      Page 37 Advertisements Column 2
      2292 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p |PGUDANG| PENANG 1 PKELANGI OCEAN VSL/VOY~ sin SOtl(1) RTM(2) HAM (3) GOT (4) g 8/1 8/J 9/1 BENALDER 2532 12/J 29/J 31/1 1/2 3/2 "iiTi 15/1 16/1 TOYAMA 3012 19/1 5/2 7/2 8/2 10/2 D 22/1 iiTi 23M ARQSIA 3022 26/ I
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      2766 40 Full Container Liner Services "il— tart** Gwm Giian Shipping Sdn BM CMO-MM** Costar Shipping Pte Ltd Sh.pp.-g Fre*M Bookmg Ceirtre SKn BM s l*! S a aid Mu(3d Musa Stephens Jakarta Pusat 2 Mistri Road 47 Hill Street i2™L?rL ?Fh<LAn lalan Raja Chulan ***** K.L. T (21) 36 1637 /36
      2,766 words
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      Page 41 Advertisements Column 1
      636 41 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PIREAUS 9/1 ROTTERDAM 9/1 HAIFA/ASHDOD/ALEXANDRIA 9/1 HAMBURG/BREMEN 9/1 MARSEILLE/FRANCE 971 FELIXSTOWE/UK 9/1 BARCELONA/SPAIN 9/1 LEHAVRE/ANTWERP 9/1 GENOA/ITALY 9/1 GOTHENBURG/SCANDINAVIA 9/1 LOS ANGELES/WC/IPI 19/1 SYDNEY/MELBOURNE 19/1 NEW YORK/EC 1071 FREMANTLE/ADELAIDE 19/1 VANCOUVER 1071 BRISBANE 17/1
      636 words
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      Page 41 Advertisements Column 2
      680 41 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 BtfJ TELEX: RS ***** RISHIP (3 Lines) I3Q ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE NET SANE T ?6WB ?8/01 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABVOT 30WB 27/02
      680 words
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      Page 41 Advertisements Column 3
      600 41 JAKARTA BANGKOK roa I I 1 I«w mmm mmm BtNM BMW 60S 9£l 13/1 MRU BHUM «g h, pi «/i il/l WAWA BUM 17SS 13/1 16/1 NANIA BHUM 123N S«t 9/1 Wtd 13/1 »511 Wl MX BHUM 25W Mon 11/ l Th» 14/1 BtNM BMW «1S U/l lVj G KOflNlgV
      600 words
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      Page 41 Advertisements Column 4
      342 41 ©aagaa nam" BAY OF BENGAL SERVICES T«J SPEED 238N 11-12/1 17-19/1 25-28/1 I IKO MRON 49* 13-14/1 28-21/1 27-21/1 I ike* awe ?m is-19/1 24-2* l 11*2/2 nsa STMt MW 28-21/1 27-28/1 83*8/2 I HoTiwi 9310 a rati is-19/1 25-28/1 I rsa ma ltocw 12-13/1 is-22/i 21-29/1 UWTSI 434 17-11/1
      342 words
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      Page 42 Advertisements Column 1
      1456 42 GROUPAGE I N=/\*V"IPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 10/1 11/1 12/1 Hong Kong Ldn/Fli/Rdm/Ant/LHV 14/1 15/1 16/1 13/1 14/1 15/1 Hong Kong G'burg/C'hagen/Sholm/Oslo 10/1 11/1 12/1 17/1
      1,456 words
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      Page 42 Advertisements Column 2
      241 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS S M AKL LYT SIH PROSKCT 22S In Port 11/1 20/1 6/2 •NZ ST« 5S 19/1 31/1 2/2 19/2 PREMER 22S 29/1 10/2 12/2 1/3 •WITH OPPORTUNITY TO CAU TOWNSVIIi OH OR ABOUT Z7/1 FULLY CONTAINERISED SAILINGS DISCHARGING
      241 words
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      Page 42 Advertisements Column 3
      935 42 THONG SOON UNES PTE. LTD Mi 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CbNVENTIONAL/CONTAINER I dOWTAINER SfcßVl£i6 SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor ISTORE IPEST VESSEL »0T SPOtE P. KEUUIC
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      811 43 WSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPT* BRLMBULK SOC CMGOfS 10 FROM KOK. YOKOHAMA. NAGOYV MOIL TOKYO*. MANLA*. DAVAO* rwi|' f NeUnt Sq«« t*n* MIMLEVCKIT »1« 1«/15 ta> nrmaiiT 23/ m i» IMMKKH H ma 01/tt Frt SWnttlKHlT (141 20,21 ft» 22/23 f«» ACCtPIMG BREAK BULK fCLSOC CARGOES TO/FROM
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      Page 43 Advertisements Column 2
      279 43 BE GLORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENAN6 •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 29/12 3/1 6/1 16/1 GLORY SELATAN VIII 1/1 5/1 9/1 21/1 SP PKL HCM HK KAO GLORY SELATAN VII 5/1
      279 words
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      Page 43 Advertisements Column 3
      583 43 PGSL -WORLDWIDE PANAMA -CLOBE STEAMERS UWES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
      583 words
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      463 43 liiiuiaiilimiilill FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDTTERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
      463 words
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      481 43 SIN FAR EAST 12/1 KEELUNG/KAOHSIUNG 16/1 BANGKOK 11/1 MANILA/CEBU 16/1 JAKARTA/BELAWAN/SURABAYA 11/1 PORT KELANG/PENANG/E. MALAYSIA 11/1 BUSAN 17/1 TOKYO/YOKO/KOBE/NGO/OSA 11/1 HONG KONG SIN CHjNA 11/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo S!N EUROPE/UK 16/1 LDN/FLX/LVP/SOU 16/1 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. Si USA/CANADA 17/1 LOS
      481 words
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      640 44 HONG KONG/CHINA 11/1 JAKARTA 10/1 BANGKOK 9/1 MANILA 11/1 BUSAN 11/1 KEELUNG 12/1 TOKYO/KOBE 10/1 KAOSHIUN6 9/1 PORT KELANG/PENANG 11/1 YOKOHAMA COLOMBO 12/1 FELIXSTOWE/HAMBURG 9/1 CHITTAGONG/MADRAS 9/1 ROTTERDAM/LE HARVE 9/1 BOMBAY/KARACHI 11/1 ANTWERP 9/1 CALCUTTA 9/1 LAX/NYC 10/1 SYDNEY/MELBOURNE 9/1 CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE!!! *****88 For booking
      640 words
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      508 44 Bonterml CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19TH JANUARY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 17 JAN JAKARTA 17 JAN PENANG 14 JAN PORT KELANG 14 JAN MELBOURNE 18 JAN SYDNEY 18 JAN FREMANTLE 14 JAN BRISBANE 17 JAN HAMBURG 11 JAN FELIXSTOWE 11 JAN GOTHENBURG 11 JAN
      508 words
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      Page 44 Advertisements Column 3
      332 44 Next Week's Sailings TZ Frri r KIRS'I FORWARDER IN 1 o: till I o: EID ASIA AWARDED Singapore Singapore iso 9002 by lrqa FVFRY KVKHV Bangkok SUN Hamburg SAT y EVERY EVERY Manila FRI Ho Chi Minh FRI U EVERY EVERY |(R)j) 2n Colombo MON Los Angeles SUN KTDtNAIIONAI SEA
      332 words
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      Page 44 Advertisements Column 4
      288 44 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOK.YO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI, SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every
      288 words
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      1404 45 ■yNecH'Ottc! NEDLLOYD JAVA VOY 3201 ETA SIN 10/V93 PROVIDE FAST TRANSIT SERVICE TO AUSTRALIA Nedlloyd Unes FST"?*. T. Ti mELX k Z 7!' TP «Z Z G. Bhum B Seroia 8/1 6/1 NIL Oceania/2482 14/1 29/1 30/1 31/1 3/2 4/2 2/2 3/2 NLL R asaflo /2i395*% 19/1 21/1 20/1 19/1
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      702 46 .£l cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/1 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/01 20/01 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      659 46 J EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 IVSL: "ALLAN HUDIG" 11 VSL: "NANTA BHUM" 11 VSL: "OOCL FAIR" I V.301 II V.123N II V.3BE I ETD SIN: 12/1/93 ETD SIN: 9/1/93 ETD SIN. 13/1/93 I We provide competitive
      659 words
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      Page 46 Advertisements Column 3
      372 46 WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE WEEKLY CONSOLIDATION PORT LOUIS/KEELUNG/HONG KONG NEXT VESSEL ON 11/1/93 NATIONAL EXPRESS W*Zll FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX *****58 WEEKLY CHINA CONSOLIDATION 8H ZHANGJIANG XIAMEN SHEKOU
      372 words
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      Page 46 Advertisements Column 4
      144 46 ©BANGLADESH SI I>PINO CORPORATION ■ram cast at cout no ana loadHf <w iKlm Bavin Vototm Mi H^oii dim re mm smmn rmmm MMBI SHOW 77-29/11 II4J/92 MK I 1 CJLUK MONOKMt IMMM t OHO MMI ram SWSCI TO Km DUO CMIK AT OMU IMB* 0* 2VIIM INDONESIA BANGLADESH SERVICE Loading
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      Page 47 Advertisements Column 1
      1085 47 I HYUNDAI MERCHANT WESTBOUND TO EUROPE VESSELS m+ PME PGP SIN RTM AWT* LEH* HAM BREt FEL M CHALLENGER 302* 7/1 8/1 9/1 10/1 29/1 29/1 30/1 31/1 31/1 2/2 OOCL CHARISMA 303W 14/1 15/1 16/1 17/1 5/2 5/2 6/2 7/2 7/2 9/2 H. PIOfCER 301W 21/1 22/1 23/1 24/1
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      Page 47 Advertisements Column 2
      480 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS INBOUND VESSELS nssu vor 9 n ik u reomr 12 sib m mt 11/1 CtSRRC RWREER 27 1W II I fi 12/1 A SUM affU II ■PT 11/12 Mill MM M n M/l TAMK EJUS 2$ 11/1 St It A
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      Page 47 Advertisements Column 3
      892 47 EXPORT TO; JEDDAH/UK/COIMTINENT I STORE JED S TON H'BURG RDAM LEH *Mm Acceptpj C»(0 Far LEVERKUSEN EMPRESS 18/353 9/1 11/1 27/1 30/1 1/2 3/2 Southampton to jl UK destinita. Bctnt and Dubta KIIANO 17/301 It I 2C/1 3/2 6/2 1/2 10/2 Rotterdam to al Antmrp Amsterdam Oslo tfcfcrtu ELBE 13/102
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      7 48 I INVESTMENT I Tomorrow in Business Times
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      98 48 c To our Business Associates, Friends Valuable Customers: We are pleased to announce, effective 14th December 1992, Global Container Freight Pte Ltd is the exclusive agent fon STREAMLINE SHIPPERS ASSOCIATION, INC For all enquiries, please call: Global Container Freight Pte Ltd 32 Maxwell Road #04-03F Custom House Singapore 0106 Tel:
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