The Business Times, 17 November 1993

Total Pages: 52
1 52 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA (F) 552/12/92 Wednesday November 17 1993 75<
    13 words
  • 2am LATEST
    • 57 1 Reuter NEW YORK Wall Street stocks traded lower yesterday, reflecting jitters among investors awaiting the outcome of the vote on the North American Free Trade Agreement as well as heavy losses in some key stocks. The Dow Jones industrial average was down 2.24
      Reuter  -  57 words
    • 32 1 Reuter BRUSSELS The European Community's Monetary Committee yesterday approved a joint convergence programme presented by Germany and France for a European single currency, committee officials said. Reuter
      Reuter  -  32 words
    • 73 1 Reuter WASHINGTON The United States International Trade Commission ruled yesterday that imports of stainless steel wire rod from India hurt American producers, triggering collection of 48.8 per cent antidumping duties from three Indian wire rod producers. The vote stemmed from an effort
      Reuter  -  73 words
  • 116 1 Stock market indices Tuesday Change Si ll 2.078.01 -17.54 KLSE Composite 951.30 -10 07 Nikkei 18.246 12 +171.51 Hang Seng 9.683.65 -49.69 SET Index 1.366.77 -0.54 Jakarta Composite ...523.19 f6.38 CLSA China B 1.286.5 +59.32 Aust All Ord 2.083.8 +0.9 USE 100 3.097.5 +4.2 luesda) Previous I pm
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  • 124 1 SINGAPORE Share prices closed lower across the region yesterday, with only Philippine stocks making headway. With brokerages here and in Malaysia restricting trading, the Straits Times Industrials Index and the Kuala Lumpur Composite Index lost ground for the second consecutive day. The STII closed 17.54
    124 words
  • 638 1  -  By Dexter Lee SINGAPORE Prices of certificates of entitlement (COEs) have shot through the roof, and dealers expect continued pressure on prices in the coming months as they scramble to meet orders ahead of the Lunar New Year. Another
    Compiled by BT  -  638 words
  • 580 1 Reuter HONGKONG A flood of overseas money which has pushed East Asian and Australasian stock markets to record high levels with the notable exception of Tokyo shows little sign of abating, analysts say. But some fund managers are warning investors against becoming
    Reuter  -  580 words
  • 172 1 Bloomberg Business News Reuter TOKYO Tokyo Stock Exchange president Minoru Nagaoka says the TSE is studying the possibility of listing Asian stocks on the bourse. There are no Asian stocks listed on the Tokyo Stock Exchange now. With economies in countries such as South
    Bloomberg Business News; Reuter  -  172 words
  • 538 1  -  By Lee Han Shih SINGAPORE A cross-bor-der deal involving Yeo Hiap Seng Malaysia (YHSM) selling its listed status to ArabMalaysia Corporation Bhd (AMCorp) has set what is possibly a record price for a listed shell in Singapore and Malaysia at
    Source: Bloomberg  -  538 words
  • 315 1  -  From Yang Razali Kassim in SEATTLE APEC members have begun jostling for key positions in a new policy-making structure that is geared to take the 15mcmber grouping towards a free trade area eventually. Three key posts arc being targeted. All three
    315 words
  • Page 1 Advertisements
    • 106 1 HIU NO M\(»U I CeatfMpMtiOl Mid Ktl yHHB CONTENTS News Companies Spore News 2 S pore NTsia 21.22.24 Regional News 3.4.6 Financial 26 World News 9 Features Markets Analysis 19 CtobKlSE. SES 30-32 Editorial 18 Regional -.28 Sports 10 World 29 TV. litestyle 13 Currencies 26 Reg Analysis 15.1/ S#ne*;Commo
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    • 33 1 Regional Analysis: r* 15 Hock Lock Siew: Pg ike Bottom Line: Back Pg Struggling to take Apec in new direction Thai banks face offside competition Chilly message for Europe Fuller reports. Pages 2X-32
      33 words
    • 11 1 Magnum deal: Dalian mayor says no gaming licence issued. Page 21
      11 words
    • 132 1 02-55/56/59 Wisma Atria Tel 235 5325 #01-25 Paragon By Sogo Tel: 732 2556 BOTTOM LINE: America's chilly message. Back Pg ANALYSIS, Pgs 15, 17 Role for private sector, Pg 9 Bfe L *£&t y B I Ww J Now You Can Afford A High Quality Fax On Your Desk. The
      132 words

  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 315 2  -  By Anna Teo SINCE turning around in the second half of last year after six straight quarters of slowdown. the Singapore economy has streaked ahead with renewed vigour. Growth hit a high 10.4 per cent in the April-June quarter and then moderated to 9.2 per cent in
        Source: Ministry of Trade & Industry  -  315 words
    • 473 2  -  By Anna Teo BUSINESS and computing were the fastest-growing job areas in the 10 years to 1990. But most of the jobs on the top 10 growth list were for technical and support professionals. A Department of Statistics pape% on employment
      473 words
    • 320 2 LOCAL company Gillewinner Trading (GWT) yesterday signed two agreements with Dalian officials to set up a computer and telecommunications equipment assembly plant and a petrol kiosk in the north-eastern city in China. Total investment for the two projects is about US$2 million (SS3.I million).
      320 words
    • 337 2  -  By Yong Pow Ang MAJOR business deals will he closed or signed by Singapore companies when Senior Minister Lee Kuan Yew makes a 16-day trip to Vietnam. Hongkong and various parts of China from today. Among the companies that are timing their
      337 words
    • 402 2  -  Reports by Claire Leow THE Singapore operations of United States electronics giant Motorola Inc was yesterday awarded operational headquarters (OHQ) status. The award, conferred by the Economic Development Board, gives Motorola Electronics a concessionary corporate tax rate of 10 per cent for 10 years, among other
      402 words
    • 146 2 A TOP Motorola Inc cxccutive said yesterday that he expects the United States trade embargo on Vietnam to be lifted within the next six months. Robert Becknell, vice-presi-dent and general manager of Motorola's Asia-Pacific Paging Subscriber Division, added that
      146 words
  • Page 2 Advertisements
    • 326 2 Epson Makes Business A Pleasure. EPSON The surest way to get official data on the French economy and Treasury securities Jl Sfir -—r"'"—^ T *> *u V» *-ii— 1 x**"l r 5 V 7T ai is to take out a free subscription to the Monthly Bulletin of the Ministry of
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    • 129 2 prri Don't miss -jH after! FIVE J Your day may be over But 1 your night is 9 H just beginning! p JE Get a drink, go m dancing, hear a the latest hit, J I see the hottest M H band in town... Explore the Br*' possibilities Q with
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  • THE REGION
    • 359 3  -  Stanchart chief says foreign banks must compete on equal footing with local institutions From Leslie Lopez in KUALA LUMPUR A TOP international banker has cautioned Malaysia that, faced with increasing competition for capital, it must ensure a free and vibrant financial sector. Malcolm Williamson,
      359 words
    • 277 3 Reuter KUALA LUMPUR Malaysia will continue to pursue its policy of positive discrimination to help its indigenous people compete with ethnic Chinese who have traditionally dominated the business sector. Finance Minister Anwar Ibrahim said yesterday that only when bumiputras
      Reuter  -  277 words
    • 323 3 AFP BANGKOK Thai officials have issued arrest warrants charging three top executives of a scandal-plagued finance company with forgery and using a forged document to manipulate stocks. A police official yesterday said the charged were Patcharee Wongpaitoon, the major shareholder
      AFP  -  323 words
    • 352 3 AFP KUALA LUMPUR Malaysia is to form a watchdog agency to develop new energy resources that could help prevent another chronic power crisis of the kind it faced earlier this year. "That'll always be on our mind and can never
      AFP  -  352 words
    • 167 3 Knight-Ridder KUALA LUMPUR The Shell group of companies is likely to invest MS6 billion (553.7 billion) in Malaysia's oil industry over the next five years. Chairman C J Knight yesterday said Shell had launched a "massive effort" to contain costs by applying
      Knight-Ridder  -  167 words
    • 363 4 AFP, AP BEIJING China published in full yesterday a blueprint for shifting to a market economy by 2000. but the 25-page document failed to set out concrete timetables for reforms necessary to achieve this aim. The document, entitled Decision of the C PC' canrul
      AFP,; AP  -  363 words
    • 263 4 AFP HONGKONG China should be better able to cope with its recurring bouts of double-digit inflation as its sweeping market-oriented economic reforms take root, a New York sovereign-debt analyst said yesterday. "It may become increasingly easy for China to tolerate inflation which it
      AFP  -  263 words
    • 374 4 Reuter BEIJING German firms won two key economic contracts from China yesterday in signings designed to mark the visit of Chancellor Helmut Kohl, officials said. A German consortium led by electrical engineers Siemens AG won a much-sought-after US$4l4 million (*****.2 million) deal to build
      Reuter  -  374 words
    • 406 4 Reuter, AP SEOUL China and South Korea have held secret talks to try to resolve a dispute over communist North Korea's refusal to allow inspections of its suspected nuclear sites, news reports in Seoul said yesterday. The reports said the
      Reuter,; AP  -  406 words
    • ASIA NOTES
      • 73 4 AFP PORT MORESBY Papua New Guinea is hoping to establish its own stock exchange late next year modelled on the Australian exchange. Finance Minister Julius Chang announced in his 1994 budget speech. He said a special promotional unit would be set up in his department,
        AFP  -  73 words
      • 85 4 Reuter HANOI Hanoi and Beijing agreed to develop economic and trade relations duriilg Vietnamese President Lc Due Anh's visit to China. Foreign Minister Nguyen Manh Cam said yesterday. The relations "are not at the level to which the two countries aspire, and need to
        Reuter  -  85 words
      • 90 4 AP TAIPEI Despite its ban on direct dealings with China. Taiwan plans to keep its air and sea links with Hongkong and Macao after the colonies revert to Chinese sovereignty, an ofTicial said yesterday. "For the sake of convenience, the government hopes the
        AP  -  90 words
    • 406 6 AFP TOKYO Larger surpluses with the United States and Asia boosted Japan's total trade surplus to its highest level ever for Oetoher. the Einanee Ministry- said yesterday ahead of the first Asia-Pacific Economic Cooperation (Apec) summit. The Japanese trade surplus
      AFP  -  406 words
    • 180 6 Reuter WELLINGTON New Zealand's hung Parliament result, which has sent financial markets into a spin, could lead to a boom in the economy. Mark Mobius. president of the Templeton Emerging Markets Fund Inc. who manages a USS3.S billion (555.5 billion) fund, said yesterday:
      Reuter  -  180 words
    • 254 6 AFP TOKYO Japan's Economic Planning Agency DirectorGeneral Manac Kubota said yesterday the government should take additional steps to shore up the long-suffering economy. In view of the severity of Japan's current slump, the time has come for the government to
      AFP  -  254 words
    • 287 6 Reuter BOMBAY British Foreign Secretary Douglas Hurd ended his political discussions in New Delhi and flew to Bombay yesterday to open a conference of top industrialists from India and Britain seeking ways to expand trade and raise investments. Mr Hurd was joined in Bombay
      Reuter  -  287 words
  • Page 3 Advertisements
    • 401 3 The Comex the the 518 m below the surface the Mediterranean. During this eight-day mission, they relied on an extraordinary timethe Rolex Part of what makes a Rolex B Oyster so dependable is the design K of its rugged I I 91 JgLi case,which a H as as The Rolex
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  • Page 4 Advertisements
    • 56 4 An Investment With s Stately Returns This 3 level fully leased office building offers the astute investor a guaranteed return with a Government Modern brick building Contact: Total Area: 1,597m 2 Fully leased to a Queensland Government Department (07)*****33 Lease Term: 4 years with 2x2 year options Chris Bailey Gross
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    • 199 4 /HOW TO f STAY TRIM i IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has to be highly competitive. That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide Business Centre
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 349 6 I FOR SALE BY TENDER I I By Order of The Australian Government I Prime residential land adjacent to Holland Village in one of Singapore's most highly I sought after bungalow areas. I 9 Land area: 6,418 sq m (69,088 sqft) I 'I Title: Freehold T I Existing structure: Double-storey
      349 words
    • 762 6 16 November 1993 ANNOUNCEMENT OF INTERIM RESULTS The Board of Directors of Bousteadco Singapore Limited announce the unaudited results for the nine months ended 30 September 1993 Results THE GROUP THE COMPANY Nine months ended Six months ended Nine months ended 30 September 30 June 30 September 1993 1992 1992
      762 words

  • Page 7 Advertisements
    • 146 7 ~'»s* -SlSel^^hl9^Hl^Bl^^^^^^K£S&'4'W&m&&£ 1 1 Embark on it with ICBC I The right time to invest in China has arrived. The f opportunities are plentiful. And with the opening of ICBC's i\ first branch in Singapore, you have a headstart. ICBC's network of 30,000 branches will guide you to them. jF
      146 words

  • Page 8 Advertisements
    • 301 8 Now You Can Invest In Unit Trusts Through A Name You've Always Trusted. As part of the growing Unit Trust portfolio, there experienced portfolio managers and specially trained is now a new and unique investment opportunity. officers around the world. The Citi Global Bond Fund. A fund managed by To
      301 words

  • THE WORLD
    • 540 9  -  Seattle '93 Informal Summit Reports from Yang Razali Kassim in SEATTLE A PEC economies achieved faster growth this year, after a slowdown in 1991 and a slight recovery in 1992. This pace is expected to be sustained in 1994. This broad assessment of
      540 words
    • 401 9 Business groups to be given direct access to Trade and Investment Committee APEC economies, whose dynamic growth has been driven by the private sector, are treating private businesses as major players in the grouping's new bid to become a free-trading region. Proposals to be
      401 words
    • 548 9 NYT WASHINGTON The Clinton administration threatened on Monday night that if its Luropean allies did not show more flexibility in the stalemated global trade negotiations. Washington would move quickly to develop an alternative trading association with Asia. In a
      NYT  -  548 words
    • 299 9 Bloomberg Business News HARROGATE. England The European Community's social security, wages and oncosts. or non-wage employment costs, are deeply affecting its competitiveness against other nations and must be reduced. United Kingdom Board of Trade president Michacl Heseltine on Monday said: "The EC's social
      Bloomberg Business News; Reuter  -  299 words
  • Page 9 Advertisements
    • 272 9 University Place GOLD COAST, QUEENSLAND, AUSTRALIA 1 H rrrnTniTTiTai] ij lit] ■■iiiii I'AvJ I itinl iJri 1U [Jfil muv^nniMumn No restrictions to foreigners. Freehold title. i/"y* "innitfii i Double-storey split level Townhouses w w l h 3 rms l' v n g dining. 2/3 bathrms. well equipped kitchen, and garage.
      272 words
    • 354 9 Today, no (me need suffer the misery of baldness. LEADING HAIR-LOSS EXPERT BRINGS LATEST FINDINGS TO SINGAPORE Master Trichologist, Mr Price and the Svenson Kenneth Price team of hair-care experts, of the internationally Now, due to the overrenowned London Institute whelming success of of Trichologists, was Mr Price's visit and
      354 words

  • SPORTS
    • 359 10 Grand Slam of Golf Golf AP LA QUINTA, California Bcmhard Langer is playing less golf these days and enjoying it more. The lighter schedule has a good side effect his game has improved. "When I first joined the US Tour, I was young
      AP  -  359 words
    • SPORT SHORTS
      • 35 10 Reuter PITTSBURGH Lcroy Thompson rushed for 108 yards and a touchdown and the Pittsburgh Steelers handed Buft'alo its first shutout in eight years with a 23-0 victory over the Bills on Monday.— Reuter
        Reuter  -  35 words
      • Article, Illustration
        37 10 AP MEXICO CITV Mexico City will host the 1997 World Track and Field Championships, the International Amateur Athletic Federation announced on Monday. The lAAF awarded the meet to Mexico after South Africa withdrew its application. AP
        AP  -  37 words
      • Article, Illustration
        218 10 AP AP PHILADELPHIA Hakeem Olajuwon scored 21 points and Matt Bullard sparked a fourthquarter surge as the unbeaten Houston Rockets defeated the Philadelphia 76ers 88-84 on Monday for their sixth straight victory. Otis Thorpe added 14 points and 19 rebounds for Houston. AP JAKARTA Thailand defeated Saudi Arabia 84-78
        AP  -  218 words
      • Article, Illustration
        135 10 AFP LONDON Former Pakistan star Sarfraz Nawaz sued England batsman Allan Lamb on Monday over an allegation that he taught him how to cheat by doctoring the ball The 44-year-old medium pace bowler, is seeking damages for an article that appeared in the Daily Mirror in August 1992 under
        AFP  -  135 words
      • Article, Illustration
        178 10 AP AFP LONDON Fred Couples. Tom Kite and Payne Stewart have been invited to play in the Johnnie Walker World Championship in Jamaica. The Americans were invited on the basis of being the three leading players on the Sony rankings who had not already qualified for the Dec 16-19
        AP; AFP  -  178 words
      • Article, Illustration
        20 10 Reuter NEW YORK NHL MondayMontreal 4 Ottawa 2; Toronto 5 Edmonton 5 (OT). Calgary 7 Winnipeg 2. Reuter
        Reuter  -  20 words
      • Article, Illustration
        58 10 AFP NEW YORK Virginia Slims Championship Ist rd Monday Singles: Amanda Coetzer (SA) b Mary Joe Fernandez (US) 6-1 1-6 6-3; Martina Navratilova (US) b Nathalie Tauziat (Fra) 6-4 6-4. Doubles: Pam Shriver (US)/Liz Smylie (Aust) b Jill Hetherington/Kathy Rinaldi (US) 7-6 7-5; Arantxa Sanchez-Vicario (Spn)/Helena Sukova (Cze) b
        AFP  -  58 words
  • Page 10 Advertisements
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    • 9 10 BUSINESS TIMES TOLL-FREE TEL. No. 1 -800-741-1883 FAX 741-1298
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    • 262 10 PUBLIC BANK BERHAD I Negotiable Floating Rate United States Dollar I Certificates of Deposit due in 14 November 1994 I In accordance with the provisions of the Certificates of B Deposit, notice is hereby given that for the Interest H Period from 17 November 1993 inclusive to 17 May 1994
      262 words
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  • Page 11 Advertisements
    • 208 11 s i.« &.i .V" jS. f y: I ./Ifok:, '.•'*».n -..a.,' iWSL: I ~i 4 m•■ &ff- ,'-Wri4 IMb i f Tin H iMWWIrir f nTreffirifiV' tT-v «<4 &€*>%'■ '•> ;•> ~-j 1 •<•■'■ A ;....r»: <' r j» I v.r I <* "if r v. -'H»V *-f >. ,-j-
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  • Page 12 Advertisements
    • 1029 12 Null UIUE BeatsA BllCla Bjciyfl WHERE to wine, dine and entertain or Yang/Jiou dianxin Hew!!! Yangzhou Dianxin Executive Lunch With more new items, for 2, 4 and 6 people, the Yangzhou dianxin Call *****93 for reservations, lunch in Tien Court has Tien Court also introduces 3 executive lunch menus. At
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  • LIFESTYLE
    • 639 13  -  Musicians abound, but artists are few and far between Benjamin Loh is convinced cellist Yo-Yo Ma has the Benjamin Loh AS A MUSICIAN, Yo-Yo Ma probably has few equals. The ability of a musician to draw the listener completely and willingly into his fantasy world
      639 words
    • 468 13 CHATTERBOX AP AP AP AP AP AN AWARD for her achievements prompted Joni Mitchell to recall her growing-up years in Saskatoon, Saskatchewan. The singer-songwriter was surrounded by friends and family on Sunday as she accepted a lifetime achievement award by the Saskatchewan Recording Industry Association. Mitchell, 50.
      AP  -  468 words
  • Page 13 Advertisements
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      336 words
  • Page 13 Miscellaneous
    • 1292 13 TV RADIO When the daughter he dotes on f wants to marry. Steve Martin v sutlers the pangs of letting go 7. this 1991 comedy. Diane Keaton and Kimherly WilAlso stars Martin Travellers Guide to the Orient SBC 12 to stop at Beijing a glimpse of along Great Wall 5
      1,292 words

  • Page 14 Advertisements
    • 286 14 Inspiring. No other word better describes the new DIVA television. And no other television excites the senses as much as this new creation from Mitsubishi. Purity of colour, Colourd do pure sharpness of picture and I clarity of sound reproduction have been achieved through new technological developments in Japan by
      286 words

  • REGIONAL ANALYSIS
    • 1348 15  -  Apec and Asia Seattle '93 Informal Summit YANG RAZALI KASSIM YANG RAZALI KASSIM The writer, BT's Regional Analysis Editor, filed this report from Seattle THE build-up towards the Seattle Summit is palpable. Heavy diplomatic shuttling and posturing have preceded the arrival of
      1,348 words
    • 1272 15  -  Special to BT NOORDIN SOPIEE NOORDIN SOPIEE The writer is director-general of the Institute of Strategic and International Studies, Malaysia. This is an extract of his commentarypresented at a recent international conference in Bali. THE Asia Pacific is a big place. The post-Cold
      1,272 words
    • 602 17  -  Apec and the US Seattle *93 Informal Summit Exclusive to BT C FRED BERGSTEN C FRED BERGSTEN The writer is the chairman of Apec .v Eminent Persons' Group, w hose report on the future of the Asia Pacific will be a major d(Kument
      602 words
    • 1113 17  -  Special to BT CLYDE V PRESTOWITZ JR CLYDE V PRESTOWITZ JR ALAN TONELSON ALAN TONELSON THE Apec summit in Seattle will be less important for making progress on specific agenda items than for enabling US President Bill Clinton to deliver an urgent message to
      1,113 words
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  • Page 16 Advertisements
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  • Page 17 Advertisements
    • 243 17 PASSAGES FOR ASIA'S FREQUENT FLYERS One of our redeeming features We have many we've developed over the years, mp-ii sr 183 Daily but we would now like to draw your attention Singapore dep 2215 v«« Bangkok to one of our most redeeming features. With Swissair's Zurich* an- 0625 participation as
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  • 889 18  -  Paul Horvitz interviews US Trade Representative Mickey Kantor Paul Horvitz IHT QUESTION: What is your core argument for ratification of the North American Free Trade Agreement (Nafta)? ANSWER: Nafta creates the world's largest consumer market, involving 370 million people and US$6.5 trillion
    IHT  -  889 words
  • 521 18 EDITORIAL IN THE beginning, Japanese Prime Minister Morihiro Hosokawa was accused of going slow on implementing reforms. Now. six months later, even his allies feel that he is going too fast. Yesterday the prime minister's ruling coalition decided to put a package of sweeping political reform
    521 words
  • WHAT THE OTHERS SAY
    • 206 18 SINGAPORE achieved another set of creditable economic results in the third quarter. However, the latest figures also reveal areas that underline once again that Singapore cannot be complacent. Take the 19,000-plus new jobs created. Yes, it is the highest number in seven quarters but,
      206 words
    • 132 18 THE government's annual subsidy of $350 for outpatient treatment given to each civil servant who joins the service next year may seem insufficient. Taking into account the wage package, this may prevent the service from getting better workers compared to the private sector. In the
      132 words
    • 161 18 WE BELIEVE that in time to come Singaporean winners of Olympic individual and team gold medals will emerge. It is significant that the Singapore National Olympic Council (SNOC) has raised the cash incentive to $1 million and $2 million respectively. Compared to its conservative attitude in the
      161 words
    • 153 18 IN THE enforcement arsenal of the Road Transport Department, the weapon targeted on pollution offences amounts to just a p#p pistol. Tacked on by the Department of the Environment to the RTD's own regulator, litany, rules on emission standards acquire a proportionate weightage within the departmental
      153 words
    • 205 18 CHINA'S LEADERSHIP has not yet dumped ideology in the dustbin but it has at least swept it into a dark corner. The communique issued last night at the end of the Communist Party Central Committee's Third Plenum is historic for its practical tone. The plenum has confirmed that
      205 words
    • 131 18 PARLIAMENT is the bulwark of democracy in any free country, and the best protection of the people's rights lies in the division of state power between the executive and legislative branches. The no-confidence debate initiated by the opposition against Interior Minister Chavalit Yongchaiyudh and Commerce Minister
      131 words
  • Page 18 Advertisements
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  • Page 18 Miscellaneous
    • 150 18 UFe IS OP*<i#3 UP..CKTCM»4G f\ SUfPoSC muST G€.T I'ro GOtfG CROODG.D "VfcfMrt TO F\ GHP*STLf ttcX OUT OP IT TO psgooT OFFIGC uvAeße vra STOCK BEHIND UFC.... ppaweric utneDe.SK Fo*C£D ID SLOG my GUTS i, SO TV»fVT €JLSG CP*N L Ji 1A~7) OM CWPWAGNG fXND CfsVIPK "fUOJ I Go KOTOG
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  • ANALYSIS
    • 1390 19  -  Anthony Rowley discusses the three priorities that the Advisory Group on Economic Restructuring is expected to stress in its final report to the Japanese government next month. The other article reports on the unhappiness over Tokyo's changed policy on flower-growing awards. Anthony Rowley
      1,390 words
    • 678 19 Asahi News Service PRIME MINISTER Morihiro Hosokawa has made a change in government policy on flower-growing awards that has politicians complaining that instead of getting a whole flower from happy constituents they are now getting only the shaft. The problem
      Asahi News Service  -  678 words
  • Page 19 Advertisements
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  • 554 20 Reuter, AP WASHINGTON The White House says victory is near in its battle for the North American Free Trade Agreement but the pact's congressional critics insist they have the edge one day before a makc-or-brcak vote. With the announcement
    Reuter,; AP  -  554 words
  • 462 20  -  From Anthony Rowley in TOKYO JAPANESE Prime Minister Morihiro Hosokawa last night demonstrated his determination to push through much needed and long-awaited political reforms when he forced a package of Bills through a special parliamentary committee. By pushing the critical issue of
    462 words
  • 90 20 AFP TAIPEI About 4,000 masseuses took to the streets of Taipei yesterday, harnessing the power of the media to protest against new laws barring them from working in favour of blind massage workers. laiwan has launched a crackdown on establishments that use
    AFP  -  90 words
  • 274 20  -  By Schutz Lee SINGAPORE The creation of the North American Free Trade Agreement (Nafta) will reduce Malaysia's trade with North America by as much as MS3 billion (551.86 billion) a year, says the Malaysian Investors' Association. The MIA
    274 words
  • 147 20 AP WASHINGTON Ten years from now power plants around the world will have produced enough plutonium to fuel 47.000 nuclear bombs. A Rand Corp study yesterday said: 'it is critical that countries pay attention to the proliferation threat from the civilian side." The
    AP  -  147 words
  • 261 20 Reuter FRANKFURT The Bundesbank yesterday stepped up the pace of cuts in a key money market interest rate, but economists said they did not believe this heralded a cut in ofTicial interest rates at this week's regular council meeting. Economists said
    Reuter  -  261 words
  • 723 20  -  The Bottom Line REGINALD DALE REGINALD DALE Reginald Dale is a staff writer at the International Herald Tribune WESTERN Europe is no longer the dominant area of the world. Although that might seem like a statement of the obvious, many Europeans were taken aback when
    723 words
  • 102 20 Reuter STRASBOURG The European Community wasted around 115 million ECUs (SS2OO million) in 1992 due to bad financial management by the European Commission and EC countries and fraud. The EC's Court of Auditors yesterday said: "There's much room for improvement in the Commission's supervision, accounting
    Reuter  -  102 words
  • Page 20 Advertisements
    • 55 20 comPAa QuIlmariT) MICRO FULLMARK MICRO PTE LTD TEL: 2 2 1 -3 6 26 FreQuent travellers always carry guide of flight schedules 3 gOOQ DOOK# JJI ■tfttMlilflniri -J i _A fly try The Book QS!9 Pocket Flight Guide For a free copy, rail Official Airline (iuidri Singapore Tel: (65) 737
      55 words
    • 16 20 Rejecting Nafta means losing the American market. Pr 18 Kditorial: llosokaua raises the stakes, Pg 18
      16 words
    • 95 20 I ENHANCE Memory Products Inc. It's alright With the uni-ball micro ll rolling pen, water-resistance is just one of its outstanding qualities. UB 155 The Uni-ball Micro Deluxe rolling thus allowing clearer impressions ballpoint pen uses a soecial with ease. Reliable and perfect for pigment ink which can oner re-
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  • COMPANIES & MARKETS
    • 463 21  -  By Teh Hooi Ling SINGAPORE Amidst the confusion surrounding Malay-sian-listed Magnum Corp's gaming deal in Dalian, the mayor of the north-eastern city in China yesterday emphatically denied that any such licence has been issued by the local government. Mayor Bo Xilai.
      463 words
    • 186 21 SINGAPORE This is all that remains of Fraser Neave's bottling plant at River Valley Road, which is being torn down to make way for a new commercial and residential complex. By the end of the month, the 41-year-old plant will be totally gone. In its place, F&N will
      Photo by Arthur Lee  -  186 words
    • 229 21 SINGAPORE Rothmans Industries said yesterday that it had obtained two key approvals from Malaysian authorities for its plans to create a regional holding company in Asia. Both the Ministry of International Trade and Industry and the Securities Commission in Malaysia have
      229 words
    • 761 21  -  HOCK LOCK SIEW By Alan Boyd BANGKOK Too much of a good thing can cause indigestion, as some of Thailand's bloated banks are starting to find out. After six months of spectacular profits due to an unusually generous interest spread on loans
      761 words
    • 341 21  -  By Quak Hiang Whai SINGAPORE Tat Lee Bank has bought into a listed Hongkong group involved in banking. investment, securities and insurance. The Singapore bank said yesterday it had paid HKSIO4 million (5521.4 million) for a 4.5 jx*r cent stake in
      341 words
    • 341 21  -  By Schutz Lee SINGAPORE Bousteadco Singapore Ltd has turned in net earnings of $782,000 for the nine months ended Sep 30, 1993. compared to a loss of $629,000 in the same period last year. The group said yesterday that while turnover declined
      341 words
    • Article, Illustration
      365 21 Source: Bridge Info Performance of STII's Index stocks Nov 16 l-asl Sense Index Stock sale C hae factor movers <$) <$) S Avimo 1.680 -0.050 I 18 4 17 C&C 7 800 -0 150 5 49 12 50 (*T 2 650 -0 020 I 86 I 67 Ccrcbos 6
      Source: Bridge Info  -  365 words
    • COMPANIES
      • COMPANY BRIEFS
        • 68 22 SINGAPORE Hotel Properties Ltd's wholly owned subsidiary. HPL Overseas Properties Pte Ltd, has subscribed Tor 70 per cent equity in the capital of HPL Resorts (Maldives) Pte Ltd. The remaining 30 per cent of the equity is owned by another Maldivian company. Orchids
          68 words
        • 73 22 SINGAPORE Sesdaq-listed Informatics Holdings Ltd has reported a 27 per cent increase in net earnings to $1.9 million for the half-year ended Sep 30, 1993. compared with $1.5 million for the half-year ended Sep 30. 1992. Turnover increased 22 per cent from $21.5 million to
          73 words
        • 100 22 Reuter MANILA The Asset Privatisation Trust has set Dec 2 as the auction date for the government's 87 per cent stake in Philippine Shipyard and Engineering Corp (Philscco). The government has said it hoped to raise around 1.3 billion pesos (5572.8 million) from the
          Reuter  -  100 words
        • 76 22 Bernama KUALA LUMPUR Oriental Holdings Bhd said that a new joint-venture company has been incorporated to invest in China. Hexagon Point Sdn Bhd. a joint-venture company with Southern Steel Bhd, will have a paid-up capital of MS 18.5 million (SSI 1.5 million), with
          Bernama  -  76 words
      • 457 22 UNIT TRUSTS FUNDS Managers' pnces Nov 17 Singapore Unit Trust The Commerce 1.56 1.64 The Savings Fund 1.46 1.53 S pore Prog Fund 0.65 0.68 S'pore Sec Fund 0.96 1.01 S"pore Invest Fund I II 1.17 S'pore Equity Fund 0.75 0 79 Asia Unit Trust Mai Invest Fund 2.10 2.20
        457 words
      • 404 22 Bernama KUALA LUMPUR Hong Leong Credit Bhd (HLC) will implement a comprehensive plan involving bonus and rights issues as well as an injection of its finance company into MUI Bank Bhd. Bumiputra Merchant Bankers Bhd (BMBB) announced for
        Bernama  -  404 words
      • 389 22 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) will constantly look out for any possible impediments to share trading in order to make the market more efficient. The chairman of the Securities Commission, Dr Munir Majid, said that for example, if
        Bernama  -  389 words
      • 281 22  -  By Conrad Raj SINGAPORE Most minority shareholders of former feedmiller Sun Corporation have decided to reject a general offer from Chinese shipping giant, China Ocean Shipping (Group) Co (Cosco). Acceptances for 150.000 shares amounting to just 1.5 per cent of its total
        281 words
      • 310 22 Bernama KUALA LUMPUR Building and construct ion-based Chew Piau Bhd yesterday announced several takeover proposals as well as a one-for-one rights issue, which will subsequently lead to a general olTcr for the shares of the company. The proposed cash call, to
        Bernama  -  310 words
      • 400 22  -  From Alan Boyd in BANGKOK BANGKOK BANK reported an 18.3 per eent increase in third-quarter profit yesterday, confirming a lower earnings growth trend among Thai commercial banks after a year of record results. Thailand's largest bank posted earnings
        400 words
      • 215 22 SINGAPORE Thailand's S Group Corp is acquiring a 50 per cent stake in Singaporelisted Rotary Engineering's joint venture in that country. In an announcement yesterday, the turnkey plant engineering and construction firm said that under the reconstructed share capital of Thai Rotary. its
        215 words
      • 183 22 SINGAPORE Successful applicants for Singapore Telecom shares have been advised to open accounts with the Central Depository. The Stock Exchange of Singapore said yesterday that people should "open CDP accounts as soon as they can to facilitate distribution of any
        183 words
      • 396 24 Reuter WELLINGTON New Zealand's Brierley Investments bowed to shareholder pressure yesterday and withdrew a controversial executive share option scheme. Chairman Bob Matthew, anticipating a rough ride from key institutional shareholders, announced the withdrawal of the scheme in his opening address to the company's
        Reuter  -  396 words
      • 435 24 Bid for Paramount NYT NLW YORK As QVC Network and Paramount Communications prepared to take their battle to court yesterday. Wall Street appeared to believe that Viacom would win its friendly merger bid for Paramount despite a higher offer from
        NYT  -  435 words
      • 343 24 Bloomberg Business News TROY, Michigan Kmart Corp, the nation's second largest retailer, said third-quarter earnings were lower than expected because of steep losses at its Pace Membership Warehouse* division, higher federal taxes and more interest costs. Kmart, in a big
        Bloomberg Business News  -  343 words
      • 183 24 Reuter HONGKONG Shougang Concord International Enterprises Co Ltd said yesterday it is planning to issue US$lB3 million (*****.80 million) of 4.5 per cent five-year convertible bonds due in 1998. The bonds will carry a right to convert into shares at an initial conversion price
        Reuter  -  183 words
      • COMPANY BRIEFS
        • 60 24 AFP TOKYO Japan's Honda Motor Co Ltd said yesterday its pre-tax profit plunged 62 per cent from a year earlier to 11.1 billion yen (S$ 166.8 million) in the six months to September. Honda, a major automaker, said its sales fell 6.4 per
          AFP  -  60 words
        • 66 24 Bloomberg Business News TOKYO Japanese automaker Mitsubishi Motor Corp won't start Japanese sales of the Neon passenger car made by Chrysler Corp of the United States before 1995, Jiji Press said, citing Mitsubishi president Yuichi Nakamura. Mitsubishi earlier said it would import the
          Bloomberg Business News  -  66 words
        • 38 24 Reuter HONGKONG World International (Holdings) Ltd said its shareholders had approved its name change to Wheelock and Co Ltd. The vote was taken at an extraordinary general meeting vesterdav, it said. Reuter
          Reuter  -  38 words
        • 66 24 Bloomberg Business News TOKYO Mitsui and Co. a leading Japanese trading company, announced on Monday that it would market a colour moving-pic-ture videophone made by Britain's GEC Marconi, a first in Japan, according to a Jiji Press report. The videophone will be priced far below
          Bloomberg Business News  -  66 words
        • 87 24 Reuter BEIJING Pacific Concord Holding Ltd plans to open a department store in downtown Shanghai in December, Xinhua newsagency said. It quoted Pacific Concord director Wong Shui Man as saying that the store, on Huaihai Road, will sell Frenchmade Pierre Balmain clothing and products
          Reuter  -  87 words
    • FINANCE & COMMODITIES
      • 486 26 Bloomberg Business News HONGKONG International banking conglomerate HSBC Holdings will sell HKS2 billion (SS4I4 million) in 10-year floating rate bonds next week, say bankers familiar with the deal and a source within the HSBC" Group yesterday. The financing would be the
        Bloomberg Business News  -  486 words
      • 329 26  -  Amex Bank Review's Global Forum By Shiv Taneja SINGAPORE American Express Bank plans to step up the pace of its growth in China. It has opened a representative office in Shanghai to complement its first in Beijing and is seeking permission
        329 words
      • 213 26 Reuter TOKYO Long-Term Credit Bank of Japan Ltd (LTCB) said it had resolved to actively write off bad loans to improve its asset quality but said it had not determined how much it would liquidate in the year to
        Reuter  -  213 words
      • SMALL CHANGE
        • 85 26 Reuter TOKYO Petroliam Nasional Bhd (Petronas), Malaysia's state oil firm, is planning to issue Samurai bonds, underwriting sources said. The issue will be lead managed by IBJ Securities, a subsidiary of Industrial Bank of Japan (IBJ), they said. Petronas plans to issue 50 billion yen (*****.8
          Reuter  -  85 words
        • 91 26 Reuter BERNE Switzerland must step up the security of its highly developed financial services to deter organised criminals and preserve its reputation abroad, said a report commissioned by the Justice Ministry. It said there was an acute danger of such organisations using Swiss financial
          Reuter  -  91 words
        • 69 26 Bloomberg Business News NEW YORK The New York Mercantile Exchange said a seat there sold for a record $375,(XX) (*****.812). after contract volume surged last week to its highest level ever. Previously, the record paid for a seat on the Nymex was U*****,000, set
          Bloomberg Business News  -  69 words
        • 103 26 Bloomberg Business News LONDON Yasuda Eire and Marine Insurance Company will invest in the Lloyd's of London insurance market as a corporate investor from 1994. the Independent newspaper reported. Japan's second largest insurance group will subscribe a minimum capital of £1.5 million (553.6
          Bloomberg Business News  -  103 words
      • 310 26  -  By Quak Hiang Whai SINGAPORE France's Banque Nationale de Paris, which opened offshore outlets in Bangkok and Labuan last week, will transfer some business from Singapore to the new branches. But the move will not have much affect on its Singapore
        310 words
      • 147 26 Reuter MELBOURNE Australia and New Zealand (ANZ) Banking Group Ltd says it has dealt with most of its asset quality problems but still faces intense banking competition in Australia and New Zealand. "With the asset quality problems mostly behind us, the bank is now
        Reuter  -  147 words
      • 269 26 Reuter LONDON Platinum, more valuable than gold, is coming onto the market faster than a recession-hit world can consume it, leading refiner Johnson Matthey said yesterday. It said in a review that supply of the metal in 1993 would rise 10 per cent
        Reuter  -  269 words
      • 219 26 Reuter KUALA LUMPUR Malayan Banking Bhd. Malaysia's largest bank, is set to cut further its base lending rate (BLR) to below 8 per cent from the present 8.1. money market dealers said yesterday. "The cut is imminent... it could be in a few
        Reuter  -  219 words
      • 150 26 THE US$/majors made a turnaround overnight and continued to stay bid as the market squared short position ahead of US congressional voting on Nafta. In the USS/SS market, the US$ moved higher during the early part of the day as the market continued to cover
        150 words
      • 186 26 Reuter LONDON The dollar was stuck like a rabbit in the beam of a car's headlights in late European trading yesterday with the market transfixed by today's Nafta vote in the US. But it eased above the 1.70 mark level as the market became more certain that President Bill
        Reuter  -  186 words
      • Article, Illustration
        1673 26 IruJf-oi-ifhu-J imJt cuhvlun-d afuin\t S'ptwe\ lap 14 tiaJirtfi /juitmrv Ba\f iitii /WIS US$/S$ forward rates Noon Nov 16 s$ Bid Offer I-month 1.5886 I 5901 2 month 1 5879 ***** 3-month 1.5875 ***** 6-month 1.5857 1 5877 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on Nw 15: Singapore
        1,673 words
      • 210 26 ENERGY REPORT AFP ABU DHABI An interview with a UN official in which he ruled out any lifting of sanctions against Iraq in the near future will be welcomed by Opec and could help its bid to prop up sagging crude
        AFP  -  210 words
      • 89 26 AFP NEW YORK The dollar rose against most major currencies except the yen yesterday in quiet trading ahead of the Nafta vote in Congress. Gold lost 50 cents from Monday's close to U*****.20 an ounce. At 9:30 am. the dollar was at 1.6982 German marks, up from 1.6935
        AFP  -  89 words
    • COMMODITIES & FUTURES
      • 1323 27 SIMEX REPORT Reuter SINGAPORE Simcx Eurodollar interest rate futures ended marginally firmer yesterday against their overnight levels, but trade was thin with investors sidelined ahead of the pivotal US Congress vote on the North American Free Trade Agreement. Lead December Eurodollars ended at 96.49 against
        Reuter  -  1,323 words
      • 601 27 COMMODITY REPORTS Tin TIN failed to maintain the overnight run-up and prices retreated to end lower after LME losses overnight, traders said. The metal finished at MS 11.90 a kg. down 15 sen. Traders noted fresh selling interest after the LME falls
        601 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 70 27 ACCRA. Ghana Ghana's Cocoa Marketing Board (Cocobod) has sold over 90.000 tonnes of the 1993-94 main crop, according to industry sources. However. Cocobod officials have not confirmed the figure. Ghana expects to market around 220.000 tonnes of cocoa beans during the season. This year's
          70 words
        • 57 27 MOSCOW Russia produced 6.364 million barrels per day of crude in October, according to the figures released by the State Statistics Committee In September, crude production was 6.312 million barrels per day. From January-October, total crude production in Russia was 6.738 million bpd. 86.7 per
          57 words
        • 102 27 TOKYO Maruzen Petrochemical Co will open a 600,000-tonne-per-year ethylene plant in Chiba Prefecture by May 1994. a company spokesman said yesterday. He said the plant could possiblv open as early as mid-February. The opening of the plant will boost Maruzen's ethylene production capacity
          102 words
        • 97 27 WINNIPEG A Canadian joint venture has been formed to develop and operate three copper and gold properties in Chile next year, a project official said recently. The Canadian firms kaleeda Enterprises Inc and R F Fry and Associates (Pacific) Ltd will both hold a 50-per
          97 words
    • 1666 27 Rubber HAS Commodity Exchange (tut ures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 93 0.00 000 128.75 0 1.700 Jan 94 0.00 0.00 130 00 0 4.000 Feb 0.00 0.00 131.25 0 4.525 Mar 132.25 131.75
      1,666 words
    • REGIONAL STOCK MARKETS
      • 1287 28 0.9 SHARES closed higher yesterday as investors scrambled for bank stocks ahead of annual profit results due out this week, brokers said. Many investors were sidelined. however, with no direction from overseas markets. The key All Ordinaries index closed 0.9 points up at 2.083.8 points while the All Industrials
        1,287 words
      • 619 28 +22.12 Share prices rallied over the ap- parent success of President Fidel Ramos's state \isit to the United States, with prices expected to rise further in the coming days, brokers said. The overnight increase by market leader Philippine Long Distance Telephone Co (PLDT) on Wall Street by 25 cents
        619 words
      • 437 28 -8.07 Across-the-board profit-taking in reaction to Monday's fourth consecutive year-high dragged a volatile market down to close lower, brokers said. Kim Duck Sun of Hyundai Securities said "the market is likely to fluctuate for the time being and to rebound into another rally." The composite stock index shed 8.07
        437 words
      • 297 28 -20 Shares dipped ahead of today's expected final vote outcome of Nov 6 national elections, brokers said. The Top 40 capital stock index fell 20.0 points to 1.978.71. dropping from an inlraday high of 1.999.01 in the final hour of trading. Forestry group Carter Holt Harvey, which is
        297 words
      • 53 28 +61.91 Select shares rose after an initial bout of profit-taking to close sharply higher on heavy buying by foreign institutional investors. brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 2.848.19 points, up 61.91 from Saturday's auspicious "moorat" trading. The 100-share national index closed 25.11 points
        53 words
      • 538 28 -27.8 Stocks closed lower on late prof-it-taking, brokers said. The weighted index was down 27.80 points at 4.301.25. Turnover totalled NT534.9 billion, down from Monday's NT547.5 billion. Brokers said worries over the Nov 27 elections had resurfaced. Several shares in previous sessions suffered corrections, with China Steel down 50
        538 words
    • WORLD STOCK MARKETS
      • 760 28 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit i8 MOO JS 6500 Mim Jersey Gill 0 1*9) 0 I«*<»2 Mim M» Income I 0500 I (WOO CSS Cash Income Plus Fund 10 6600 112)00 PS Reserse Fund 5 2200 5 2)00 Sterling F.qaitt Euro Performance 0 45*2 0 49)*
        760 words
      • 710 28 +4.2 UK stocks rose amid expectations Germany's Bundesbank will cut interest rates soon. The FTSE-100 Index of leading British stocks closed 4.2 points higher at 3.097.5. breaking a two-day sequence of closing lower. Some 652 million shares traded yesterday, compared with 493 million at Monday's close. A cut in
        710 words
      • 111 28 -2.05 French shares dipped at the Close after spending most of the session in positive territory, after three CAC-40 stocks left the index and three replaced them. The CAC-40 index closed at 2.115.85, down 2.05 points. Paris Not 16 Fr Air-LiguMic 800 00 -100 A kale I AiMhom 766
        111 words
      • 146 28 -1.13 pc Swedish shares ended the day lower with index-heavy telccom group Eriesson in focus. Dealers could offer no explanation for the decline but said the .narket lacked inspiration. The all-share index tumbled 1.13 per cent to 1,370.16 in moderate turnover of 1.37 billion crowns. The OMX-index was down
        146 words
      • 215 28 +22.61 German share prices extended Monday's gains, inspired by a sizeable cut in a key money market rate yesterday morning. The uptrend is expected to bring the index to 2.100 by the end of the week. Dealers said the Bundesbank's move to trim the lowest rate on repo award
        215 words
      • 163 28 -0.41 Belgian stocks edged down slightly amid fierce trading as investors eyed government talks over an austerity package, analysts said. The Bel-20 index declined 0.41 point to 1.376.11 after rising more than 6 points on Monday. The entire Belgian government is locked in talks behind the walls of the
        163 words
      • 150 28 -164 The Italian stock market was first battered by technical problems and then prices were battered by political worries when trading finally began over four hours late. Yesterday's drop was also cxaccrbatcd by the last day of the monthly account, when investors traditionally lock in profits. The Mibtel index
        150 words
      • 226 28 -0.67 Dutch shares lost earlygains to finish the day slightly lower on a bout of profit-taking ahead of the Nafta vote, dealers said. The EOE index ended at 382.68. down 0.67 points, after reaching an intra-ses-sion high of 3X4.92. Amsterdam Not 16 Fk XBN-Amm 70 40 4 6 Aval
        226 words
      • 258 28 -1 Swiss shares ended mixed with a lower bias in low volume, but off the day's lows as the market wiped out some of its earlier losses on a firmer Wall Street opening. Dealers said the market showed no clear direction. I hey added that it was expected to
        258 words
      • 285 28 56 An indifferent morning session was transformed in the afternoon as demand grew for quality shares and investor confidence returned after recent nervousness. The gold index finished seven points better at 1.949 and the industrial index was 56 points higher at 4.692. The overall index was 23 points higher
        285 words
      • 290 28 -5.6 Stocks weakened in early trading yesterday pu>hed down by a sagging precious metals sector and nervousness over the North American Free Trade deal. The TSE 300 index extended Monday 's losses and fell 5.60 points to 4.276.18 in early trading. Toronto stocks traded on volume of 11.64 million
        290 words
      • 791 28 +0.84 The Dow Jones industrial average was ahead 0.84 point to 3.678.36 at 11am EST yesterday. A sharp loss in Dow component Caterpillar weighed on the key barometer. Caterpillar was down 21/2 to 87-3/8 after a rating downgrade from Donaldson Lufkin Jenrette. The New York Stock Exchange composite
        791 words
    • Article, Illustration
      3192 29 Reuter STOCKS ended moderately lower as bargain hunting helped trim steep early losses, brokers said. The blue chip Hang Seng Index shed 49.60 points, or 0.51 per cent, to close at 9.683.65. It was down 128 points earlier in the day. "Major funds halted their blue chip buy orders
      Reuter; Source: Bridge Info  -  3,192 words
    • Article, Illustration
      460 29 STRONG overseas buying continued to boost the Shanghai B market by another 6.96 per cent yesterday in heavy turnover. The gains were across the board. Jinqiao and Outer Gaoqiao stole the limelight with an 18 per cent surge, while Erfangji continued to display strong momentum with an 11.7 per
      460 words
    • Article, Illustration
      2452 29 Reuter STOCKS ended higher, with the Nikkei closing above 18,000. Worries over sharp falls abated as the Nikkei held above support at 17,800. Buying by public pension funds and institutional investors emerged in the afternoon. The Nikkei average was up 171.51 points to 18,246.12 and the broader first section
      Reuter; Source: Bridge Info  -  2,452 words
    • Article, Illustration
      1906 29 Reuter SHARES closed easier but off lows as investors looked to pick up bargains in individual stocks, brokers said. The SET index dropped 0.54 point to close at 1.366.77 on turnover of 15.56 billion baht. Declines led advances by 156 to 119 with 79 stocks unchanged. Bank of Ayudhya
      Reuter; Source: Bridge Info  -  1,906 words
    • Article, Illustration
      1124 29 Reuter JAKARTA Share prices closed higher in moderate late trading as confident local investors bought a range of counters, dealers said. The composite ended at 523.19. a gain of 6.38 points. One foreign broker said many investors had started holding stocks for the short term. "There are plenty of
      Reuter; Source: Bridge Info  -  1,124 words
    • 2766 30 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume AsuHlcy»t 7.5M.OOO I ion Hoc 7.131/000 Lien Hoc TSH97 6 505.000 HcuaC'dffMi SOc 6.m' t»«> l B Sk 5 63* 000 MmHytf SOt UOIjOOO nnwiii s. IW.OOO Mmujlf MV 3****** Kjmunling MX' 3.4)1.000 Faher liroup 3.345.000 Bedford HV <
      Source: Bridge Info  -  2,766 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5807 30 Bernama SHARh PKICtS closed broadly easier on continued forced felling and brokers' restrictions on buying by retail investors. The higher priced stocks were also hit by the lack of support as wary institutional players focused on the uncertainties in Wall Street and Tokyo. The
        Bernama; Source: Bridge Info  -  5,807 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7188 31 MAIN BOARD Transaction date: Nov 16 Cr Cr 1993 Lnl ol Da> Ijim Quot* Di« Di» Id Net M Cap High lx>» Company Sak 000) High Low Buyer Seller S CV PIt Smil INDUSTRIAL AND COMMERCIAL I MO 260 I Vma 1110 -20 126 1120 1080 1070 1100 12.5 2.1
        7,188 words
      • 1747 32  -  By R Sivanithy SINGAPORE Share prices ended lower yesterday for the second consecutive day, as the number of individual investors continued to dwindle and institutions waited for clearer signals from overseas markets. Dealers said that almost all brokerages had stopped their clients from
        Source: Bridge Info  -  1,747 words
      • 139 32  -  HOT STOCK Teh Hooi Ling AVI MO Singapore, which has been falling on high volumes in the past two weeks, recorded exceptionally high volume yesterday, indicating a minor upward correction in the short term. The 13-day Relative Strength Index is in oversold territory, below 25. and heading up.
        Source: Bridge Info  -  139 words
  • Page 21 Advertisements
    • 5 21 Bangkok Bank's results, I'agc 22
      5 words
    • 255 21 Mr John Bent, Head of operations for the "Pilar Project' will be here in Singapore to address those interested in diving, archaeology or just plain fabulous wealth at the Pilar Project Seminar. Sponsored by Omega watches, the Pilar Project is an endeavour to salvage the treasures of the "Nuestra Senora
      255 words

  • Page 22 Advertisements
    • 159 22 Dividends table has been held over jfc V nfigs I It NOVEMBER NABE SELECTIONS... Japanese Nabe (claypot) a la carte favourites this month at the Senbazuru will win you over with its delicious charm. There's the much-talked about Blow Fish (Fugu) cooked in claypot and the ever-inviting Sukiyaki or Shabu
      159 words
    • 53 22 Under instructions from llf estpac Banking Corporation PRIME OFFICE INVESTMENT NSW Australia 80 George Street, Parramatta, New South Wales LONG LEASES Tenants include Westpac, A.1.M., Thomas Cook and ANZ o MODERN BUILDING Approx 8 000 m' 106 car spaces Contract deadline Ist December, 1993 Details: Jim Williams or Ashley Wee
      53 words
    • 351 22 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING-UP NO 251 OF 1993 In the Matter of the Companies Act, Chapter 50 And In the Matter of GOLDEN WALL MANAGEMENT SERVICES PTE LTD Notice is hereby given that a Petition for the Winding-Up of the abovenamed Company by
      351 words

  • Page 23 Advertisements
    • 212 23 I^HCC m B <f|^'#;• m -M m iM iPr Ml W vl SWI wj L^K^x Bf <>> Wbt 0 i fc i 7% -tm. -M Jvfl v^.-i YOU ALREADY KNOW -4&1 WORLD PERKS THEI MOST C^EMIERC^l^^^ E| Xu p^ p^ -^fci:'A l i 2k& y- r >'■ '-.yf*. -4 MaalßV
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  • Page 24 Advertisements
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      99 words

  • Page 25 Advertisements
    • 384 25 EPSON Stylus For those with an eye for laser print quality. SSIn >- i i&yg .w< <r 'Litfe '^sii' K $f*** :t w^^' ..iM'ifWMMWWI^WIffIiWW— i 5 if' a- "«k ;f mi -*~f 4 .v "hat WKSWaTL**-''.3.i lJ J iMr A v JKmm? .»,dHV r > :>*Pr N wIU kw vsi
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  • Page 27 Advertisements
    • 339 27 BUSINESS TIMES TOLL-FRF.F. TF.I.. No. 1-800-741-1883• FAX: 741-1298 BUSINESS DEVELOPMENT EXECUTIVE for proposed Singapore Office A leading US-based shipping company seeks a creative, energetic and highly motivated executive to join its Business Development team in Singapore. The successful candidate will have a strong background in economics, finance, and a solid
      339 words
    • 33 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Umh 1 I 737-1^66 1 to place a quick- cj£.tj&. acting ad. 737-1i66
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  • Page 30 Advertisements
    • 68 30 INVEST IN A UNIT TRUST THROUGH A NAME YOU'VE ALWAYS TRUSTED. Now with as little as SS10,000, you can have easy access into the international bond market with The Citi Global Bond Fund, a unit trust managed bv Citicorp Investment Bank and available through Citibank. To find out more, call
      68 words

  • Page 31 Advertisements
    • 157 31 WITH OUR SHARE OVERDRAFT, Wk •>' YOU CAN HATCH A FEW IDEAS. -(K JBSx wW r WFt Your ideas don't have to be just ideas any more because have the ability and the opportunity to channel your funds into Standard Chartered can turn them into reality. With our other profitable
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  • Page 32 Advertisements
    • 86 32 9 f° r 50 to 350 persons from $38++ per person. ft*J. £> Enjoy a choice of Chinese Dinner, Buffet or JSt Garden BBQ in the Lily Ballroom, River Palace or River Garden. Continue partying at the Warehouse with KTV Rooms, Karaoke Lounge, Disco Dancing and Show Band ABRACADABRA. Book
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    • 178 32 Personal Finance and Investment, every Saturday in Executive Lifestyle PRUDENTIAL ASSURANCE COMPANY SINGAPORE (PTE) LIMITED (Incorporated in Singapore) ANNOUNCEMENT Prudential Assurance Company Singapore (Pte) Limited ("Prudential Singapore") wish to clarify that it is not related, associated nor connected in any way to or with the U.S. incorporated companies known as
      178 words

  • Shipping Times
    • 351 33  -  By Dexter Lee SINGAPORE Orient Pacific Container Line has started a monthly semi-container-ship service between South-cast Asia and the South Pacific islands of Samoa and Tonga. But the carrier, managed by New Zealand-based Reef Shipping, does not intend to deploy vessels
      351 words
    • 172 33 SINGAPORE Jurong Fort has completed the first phase of its Pulau Damar Laut project at a cost of ***** million. According to Jurong Town Corporation newsletter Periscope, deep-draft vessels of up to 150,000 deadweight tonnes can now park at the gateway's nine
      172 words
    • 268 33 Bloomberg Business News MEDLEY, Florida Golden Eagle Group Inc said on Monday it posted a third-quarter loss of U*****,000 (SSI.3 million), in part because of special charges related to the opening of two Texas branches. The cargo carrier also said it is exploring the
      Bloomberg Business News  -  268 words
    • 1124 33 Page Col ABC Containcrlinc 12 1 Accord Group 8 1-3 Africa Container 16 I Ahrcnkicl Liner 4 1/2 Alpha Feeders 18 1/2 Alpnmo Freight 16 1 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 3 ASCL 5 5 ASXCLShpg
      1,124 words
    • 192 33  -  By Ji Juliette Walker SINGAPORE The Port of Long Bcach has opened offices in Beijing and Shanghai to handle growing trade between the US and China. The two offices will enable the American port to strengthen relations with Chinese customers, says
      192 words
    • 347 33 MBT KUALA LUMPUR Regional distribution operations of international companies are beginning to shift from Singapore to Port Klang to take advantage of the lower cost offered by the Malaysian port. The move is prompted by the setting up of a distribution
      MBT  -  347 words
    • 202 33 SINGAPORE Conference lines plying from Asia to North Europe yesterday reaffirmed their intent to push a rate increase from Jan 1. Members of the Asia Westbound Rate Agreement (Awra) announced in October a planned increase of US$l5O (*****.50) per
      202 words
    • SHIPS IN PORT
      • 655 34 Vessel Voy No Berth Arrival Departure Juroflg Port Adkrrs 117 alongside 1711/1200 Batam Babagia 11, 03 93 J1 alongside 17 11/2300 Chip Tal 9320*1 Jll alongside 17.11 0700 Sin Tong J4 alongside 17 11 0900 Sinar Batam SB235 II alongside 1711/1900 Siong Soon 9326N 112 alongside 1711/0700
        655 words
      • 1534 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookkij/Balance Rsits Ship Voy No Etb/Btr Period From To From V, S»,an 092A 17/1500 1 16/1500 16/1659 16/1900 Ac. Violet 027B 19 2000 1 16/1500 16/1659 16/1900 3 17/0700 17/1159 17/1400
        1,534 words
    • 11641 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEM) PN: ship calls at Penang after
      11,641 words
    • 1221 49 THE BALTIC Freight Index for spot dr> cargo shipping rates fell to 1,315 on Monday from 1.317 on Nov 12. Rates have firmed for Atlantic Panamax vessels with higher time-charter rates paid, brokers said. Hanjin took the MTA relet. Evlimeni, 64,794-dcadweight-tonnes and built 1979. for a trip from
      1,221 words
    • 1011 50 The specialised shipping lines remain optimistic about the future despite falling figures as car makers project stronger sales up to the year 2005 International Transport Journal IN THE mid-SOs. some 7.3 million cars were shipped worldwide. Since 1987 this figure has been
      International Transport Journal  -  1,011 words
    • AIR AND LAND TRANSPORT NEWS
      • 448 52 Reuter THE HAGUE The Alcazar project which aims to create Europe's largest airline hangs on guesswork about how US anti-trust authorities might react. Pieter Bouw. chairman of Dutch airline KLM, said on Monday. "There are a lot of doubts about the aviation
        Reuter  -  448 words
      • 221 52 Bloomberg Business News LONDON UK aircraft en-gine-maker Rolls-Royce pic said on Monday it would split its aerospace group into military and civilian business, rekindling speculation that it may link up with Pratt Whitney. Analysts said such a venture would develop high-thrust engines for
        Bloomberg Business News  -  221 words
      • 344 52  -  By Ji Juliette Walker SINGAPORE Federal Express will open a regional transportation centre at Subic Bay in the Philippines in mid--1995 to handle air express shipments in South-east Asia. The US-based express company will position the new Subic Bay
        Reuter  -  344 words
      • 466 52 Bloomberg Business News, AP DALLAS With a threatened strike only a day away, the union representing American Airlines' flight attendants on Monday sued the carrier for what it calls bad-faith negotiating tactics. The lawsuit, filed in US District Court here on Monday morning,
        Bloomberg Business News,; AP  -  466 words
      • 278 52 AP SAN FRANCISCO A man with Aids was arrested after refusing to leave an American Airlines (light departing from Chicago. Airline officials said his open sores and IV (intravenous) bag violated company policy. Witnesses said Timothy Holless. who was heading
        AP  -  278 words
      • LOG BOOK
        • 48 52 SINGAPORE Cambodia Airlines (CIA) has launched four weekly services between Phnom Penh and Singapore. As of yesterday, the carrier replaces Kampuchea Airlines' operations to Singapore. Flights operate every Tuesday, Wednesday. Friday and Sunday. Singapore is ClA's third international destination after Bangkok and Hongkong.
          48 words
        • 121 52 Bloomberg Business News HONGKONG Hongkong casino tycoon Stanley Ho's Shun Tak Holdings said yesterday it will raise HKS94I million (*****.8 million) through a private placement with institutional investors to help pay for redevelopment of the Lai Chi Kok Shipyard at Cheung Sha Wan,
          Bloomberg Business News  -  121 words
        • 81 52 Bloomberg Business News WASHINGTON Boeing Co received a US$75 million (SS 119.3 million) Air Force logistics support contract involving special mission airplanes, the US Defence Department said on Monday. Boeing's Defence Space division is to provide the unspecified services for the VC-25A and VC-137
          Bloomberg Business News  -  81 words
        • 49 52 AFP KENNEDY SPACE CENTER, Florida The space shuttle Endeavour being transferred from one launch pad to another after contamination was reportedly found at the first launch pad. The Endeavour is scheduled for blast ofT on Dec 1 to service the Hubble Space Telescope. AFP
          AFP  -  49 words
        • 132 52 Bloomberg Business News ST JOHN'S, Newfoundland CHC Helicopter Corp said its fiscal second-quarter net income soared to CS4 million (SS4.H million), or 42 Canadian cents a share, from CSI.4 million, or 14 cents, a year earlier. The latest results include a Csl.l million benefit from CHCs
          Bloomberg Business News  -  132 words
        • 101 52 Bloomberg Business News WASHINGTON McDonnell Douglas Corp and Alliant Techsystems Inc will share a US$l7O million Turkish torpedo and ammunition order if US Congress approves the transaction. The Pentagon on Monday told Congress that Turkey wants to refurbish 32 of its Harpoon missiles, 64 Mk-MOD
          Bloomberg Business News  -  101 words
      • 1365 52 City nm HA CTP Adelaide SQ227 2030 Amsterdam KL831 1030 SQ324 2230 GA895 1450 KL832 2335 Athens SQ347 1730 Auckland NZ21 1710 NZ22 1840 SQ285 2045 Bahrain GF148 0650 BScriBffWM BI421 1105 SQ182 0915 SQ181 1410 BI422 1205 B1429 2030 BI430 2125 Bangkok SQ69 1145 TG402
        1,365 words
      • 448 52 NYT NEW YORK Swearing he won't become another Carl Icahn, Theodore Forstmann stepped in officially yesterday as chairman of Gulfstream Aerospace to salvage his leveraged buy-out of the maker of the world's most luxurious corporate jets. Mr Icahn's 1988 buy-out
        NYT  -  448 words
  • Page 33 Advertisements
    • 8 33 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times
      8 words
    • 22 33 Lines and services represented by Members ef the Registry ef Accredited [J Shl<a<Mr Natioaai For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      22 words
    • 443 33 VISA FREIGHT SERVICES PTE LTD 1 M THE TOTAL TRANSPORTATION PEOPLE S 1800 *****66 Car carriers expect to shift into high gear, Pg 18 EC mega-airline project hangs on US reaction: KLM boss, Back Pg SHIP WITH US AND GO AWAY Keep shipping your export cmmavmomc*/ Hilton International Singapore LCL
      443 words

  • Page 34 Advertisements
    • 488 34 TSKUNE AGENCIES (S) PTE. LTD. HT "W wmyp Tel: 226-3363 nVW J. 3«JV# IJJNtI 226-1972/3 rfci ,-7 W Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR N <> 1 **********N \m*m m m mtT~W m m m m m m m m m, ACX VIOLET 0278 **15.11 **17.11 16 11
      488 words
    • 1621 34 nS!*^^^ X^ o C t !t« m/~P J» w i*ffv" CMIFORNIA LUNA 61 17 1811 412|612 I 112 912 712 712 112 112 1112 *UO*A TRfSTE *04/546 2511 112 1312 14 12 17 12 19 12 20 12 21 12 22 12 1J 12 1912 CALiFORNW MERCURY 57 24 2511
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  • Page 35 Advertisements
    • 2623 35 rr"'n niunr9ua v iiuvciuuci 11 E °t CL 32 3 S L^rFAl D 22i?94 D 2 ,NE SH,PP,NG AGENCIES P^^G W^^LA^f 7 %?TAX 8, 5:75€5342 DOCUMENTATION TEL *****55 (INWARD)/*****90 (OUTWARD) *****3 M CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 ppunANG TFL *****2/3 FAX *****4 IOPNSI CFS (PSA F5) TEL:
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    • 2088 35 ■□MMHiWfIIM FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LARS MAERSK V.9312 ETA SIN 18TH NOVEMBER 1993 LIVERPOOL BAY V.5705 ETA SIN 22ND NOVEMBER 1993 Vessel Voy ETA ETO Feeder by S Laurel DESTINATIONS This week madison maersk 9310 CFS 22/11 2359 MRS JOM LPK PEN OAK LGB SEO MEM ATL MIA CHS BAI
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  • Page 36 Advertisements
    • 1659 36 AOABA R DAM/ [I ALSO ACCEPTING FROM VESSEL VQY NO SPORE JEDOAH (VIA JEO) S TON H BURG A WERP HAVRE WEST MALAYSIA KIRtSHIMA 01/145 17/11 4/12 7/12 5/12 Port Kelang. Penang LEVERKUSEN EXPRESS 15/345 20/11 29/11 4/12 8/12 11/12 13/12 15/12 Pasir Gudang FRANKFURT EXPRESS 70/146 24/11 11/12 14/12
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    • 615 36 FCL BreakbulK Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny. Vladivostok, Moscow. Tashkent, Kiev, Minsk, Riga, Baku. Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT<B>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT BANJUL-BISSAU-LUANDA-BATA Feeder Veaael ETA SIN NED OCEANIA V.2413 23/11
      615 words
    • 1222 36 I NOR ASIA CHINA SEA 344W 18/11 08/12 11/12 12/12 12/12 13/12 14/12 15/12 16/12 17/12 I NORASIA Al MUNTAZAH 9345 3 25/11 15/12 18/12 19/12 19/12 20/12 21/12 22/12 23/12 24/12 I NORASIA SAMANTHA 9346 3 02/12 22/12 25/12 26/12 26/12 27/12 28/12 29/12 30/12 31/12 I NORASIA SUSAN
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  • Page 37 Advertisements
    • 1641 37 P STRAITS SHIPPING PTE LTD MMfi* 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 Ill'lllJlJM NEW GUINEA PACIFIC LINE (A service of china navigation CO) CARGO DOE SAR.S LT STRAITS VENTURE V2BE Mum 16-17 No. 18 Nov 19 No» FCt. LCL CONTAINER AND BREAKBULK SERVICE
      1,641 words
    • 2705 37 SINGAPORE AGENT: pfi/l I AtlfoiYlAl*C P&O Containers (Singapore Agencies) Pte Ltd JL fcXV" JwlHrtlltvX 3 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 F CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PNO 'MO SIN ALQ SOU AWT ROT
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  • Page 38 Advertisements
    • 565 38 EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE TfIAP"T~ PAQtH hAWPPtIOHC/MRECfI) WILLIAM WEE MM raO*»/M»M2 N .<?, T»N,M»H9j MM722 K G am^an— n«? CHI Minn CITY trade HENRY HOE UMM re7H«/Wim WK.KOWO mffWHWIL IKELVIWCMAW MM UMEafIMM TO MYANMAR/YANGON SEMI CONTAINER SERVICE ■EQjgjjjb' M OCEANLINES m/m
      565 words
    • 1887 38 0 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FM VSI sm IK HAUI ttA TO* IDR VSI S* IIME HAUI SAV HM NYC HANJIN FELIXSTOWE 0191 18/11 WWCI 9/12 11/12 HANJIN fUIISTO*! 0191 18 11 M El*oK 0101 23/12 24/12 24/12 HANJIN
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    • 1469 38 I mi scp use wg *i 6 fw monki w ito m tie ui nc in m w toe no cmb nu sgp I E GUARD H OSS lUUPI 22/11 N/ll X/ll »/ll */ll 212 J/12 5/12 4/12 1* 12 21 12 30 12 2/1 11/1 12/1 13/1 M/l 15/1
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  • Page 39 Advertisements
    • 2355 39 PLEASE CALL HI II II NEPTUNELINK (1800 *****00 TOLL-FREE) W II MII FOR THE FOLLOWING INFORMATION: HI II II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ II yr FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ HI AVAILABILITY OF DOCUMENTS FOR COLLECTION EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULF MIDWEST USEC CANADA
      2,355 words
    • 1218 39 V SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 i>»7 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 gSKIk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 rn MARINE INSURANCE: INVENTORY: *****59 W I M W n AGENTS: KL:
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  • Page 40 Advertisements
    • 1790 40 K64 hh AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CR No: **********0 M) M hi TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I V T lkl MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA.
      1,790 words
    • 733 40 ,r>Wsi PHIU-OmtNT LINCS PTC LTP V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION jjgjg w AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 NOV SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 20 NOV AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH.
      733 words
    • 293 40 GOLDEN LINE A WCG<?> W*H SHAPING \VN/;\ (PTE) LTD W 23, Tett *rw Strut HNGAPOUE 0104 TEL ***** M (10 IMS) Fai *****04 (CJ» No *****HMOOW) STBAITB/PEHBIAN CULT SERTICE S'pore P Keiang Penang GOLOOI KM Kwklk Dub* 24 H No. TRUt G*»C£ f.jract* Dubai 1/ 2 Dtc CHINA lEKYICE GOLDEN
      293 words

  • Page 41 Advertisements
    • 1003 41 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I CRNOIOOOO67OOOOEJ VESSEL VOY SIN BKK SIN VESSEL VOV SIN JKT SIN SINO MARINE 99M 9A/11 M/ 11 07/11 MAJAPAHIT 3571 21/11 24/11 28/11 .5 20/11 23/11 BUNGA TERATAI 3573 23/11 26/11 30/11 KOTA SABAS KSB26N 21/11
      1,003 words
    • 1527 41 VtSStIS VOT SPCTI HAMBURG ROTTIROAM AWTMRP THAtKS U HARVt mw abraham 7i3iw ?«/n u/12 20,12 21/12 22/12 2*/12 MID MARSULtS M3IW 01/12 25/12 21/12 21/12 21/12 31/12 HAMS* CAREER 7331W 10/1? 02/01 04/01 05 01 06/01 01/01 Wilt 01 SHIS 1131W 13/12 07, 01 01 01 10/01 11/01 13/01 'ALSO
      1,527 words
    • 413 41 BSA n. MA MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P Gdf IAUNGGYI V473W 17/11 No. PAGAN V2O2W 20/23 No« MtRGUI VI2IW 24/25 No. WA AN VI97W 05/08 Dec MALAYSIA AGENTS 80USTEA0 SHPPMG AGENCtt KU. TEL 03 *****00 PKL TEL 03-3M6767 PEN
      413 words


  • Page 43 Advertisements
    • 86 43 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      86 words

  • Page 44 Advertisements
    • 2533 44 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: j General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 58 Persuran Rata Muda Musa lot 3.34, 3rd Floor, 11. IK. M.
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  • Page 45 Advertisements
    • 584 45 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 22/11 ROTTERDAM 22/TI AARHUS/COPENHAGEN 22/11 HAMBURG/BREMEN 22/tl MARSEILLE/FRANCE 23/11 FELIXSTOWE/UK 22/TI BARCELONA/SPAIN 18/11 LEHAVRE/FRANCE 22/11 GENOA/ITALY 20/11 ANTWERP/BELGIUM 22/tl LOS ANGELES/WC/IPI 21/TI SYDNEY/MELBOURNE 18/11 NEW YORK/EC 18/11 FREMANTLE/ADELAIDE 18/11 VANCOUVER 19/11
      584 words
    • 1120 45 ■■rTgwaiaamßiHmiiir hr r i Ml VESSEL *21 J *l *> VESSEL VOY SIN PEW B 1 WAMA BHUM 2<HS Wad_ In Pt gat 20/11 OEJA BHUM 2185 Fri It/11 Sat 120/11 IB VESSEL VOY SN BKK CMAIYA BHUM 26S Fri_ Jt/11_ 23/11_ p ANGKA 22N Fri 19/11 Tua 23/11 M
      1,120 words
    • 224 45 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS @^^^^RICMFIE^nSARIN^fGtiIcK^(S^rT^^B TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES 1 (National Lines of Ethiopia) ACCEPTING
      224 words
    • 367 45 pLi DONGNAMA LINE COHTA—WIB HWICE TWAITS/IW/IWC/MH VESSEL SP6 fW aw Ml BSN PC lIISSIS V3I2M 11/U 20/11 22/11 3/12 S/12 SWOMC TRADER V3O3N 2S/11 27/11 21/U 25/11 10/12 12/12 HONGKONG O.ORY V3I2N 2/12 4/12 6/12 17/12 IJ/12 HRURN V3OCN 9/12 11/12 12/12 13/12 24/12 »/12 WOUND THE AWA SEW VICE
      367 words

  • Page 46 Advertisements
    • 1734 46 *AIMN CONTAINER LINES |2A2/\"1 Agents: MAC-NELS SPORE: *****22 (24 LINES) VZJ\y VUc/B No: **********0E SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 18/11 19/11
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    • 184 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EH ll* ft* STOW POUT KELMG PI MUG BLUE UK SAWED loading tor Mi* MUVM HUDMU n 11 Discharge and toxbr( (or Bombay DOLPHN 1)11 Loading lor Mai' MOMEER SUPREME ?3 11 loading For Mm UMMEDH 3011 loading Fo> Mai* PROGRESS IBERtT
      184 words
    • 1057 46 XI THONG SOON UNES PTE LTD 1 /\V\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I \y \y TEL: 227-5088 FAX: 227-6011 I <2* TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL vor SPORE PEST VESSEL |VOT IS'POtE [PEST EQUATOR 111 106/3E 20 NOV KUCHING
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  • Page 47 Advertisements
    • 712 47 WgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK SOC CARGOES 10 FROM KOBE. YOKOHAMA NAGOTA. MOR. TOKYO*, MANIA* DAVAO* Penanj* P Kelanj S«i(ipore E'Msia* KAMALEVERETT VIBE 21/22 Nov 23/24 Nov KARABEVERETT VI4E 30 Nov/1 Dec IVYEVERETT V7E 3/4 Jan 5/6 Jan ACCEPTING BREAKBU.K FCI SOC CARGOES TO/FROM CWTTAGONC. CALCUTTA
      712 words
    • 340 47 IfrL GLORY NAVIGATION CHOMP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN IX 18/11 20/11 23/11 3/12 TIMBER ROYAL 25/11 27/11 SP PKL HCM HK KAO GLORY SELATAN VII 20/11 23/11 28/11 30/11 ♦ALSO
      340 words
    • 590 47 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEI WOT SM KAJtACHI SMGOOftA 136HW 2</ll 5/12 MA KB AW 143 HW 10/1? 20/12 BOlAh 136HW 22/12 31/12 HYDERABAD 124 HW j 31/12 901 FAR EAST CONTAINER SERVICE ONLY VtSStl VOY SIN HUG BSN OS A NAG YOX BOtAN 135
      590 words
    • 533 47 IiJUMaiiILMIMIU FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH SIN HUASHUNHC V4S/49 19/11 5/12 8/12 26/12 HUAQINGHE V4B/49 4/12 20/12 23/12 11/1 ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO LCL CONSOL SIN TO DURBAN/ P. ELIZABETH SIN TO MADRAS VESSEL
      533 words
    • 258 47 SIN FAR EAST 23/11 KEELUNG/KAOHSIUNG 21/11 BANGKOK 21/11 MANILA/CEBU 21/11 JAKARTA/BELAWAN/SURABAYA 22/11 PORT KELANG/PENANG/E. MALAYSIA 21/11 BUSAN 21/11 TOKYO/YOKO/KOBE/NGO/OSA 21/11 HONG KONG SIN CHINA 21/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 22/11 LDN/FLX/LVP/SOU 22/11 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 23/11 LOS ANGELES/NEW
      258 words

  • Page 48 Advertisements
    • 732 48 HONG KON6/CHINA 21/11 JAKARTA 21/11 BANGKOK 17/11 MANILA 21/11 BUSAN 21/11 KEELUNG 23/11 TOKYO/KOBE 21/11 KAOSHIUNG 23/11 PORT KELANG/PENANG 22/11 YOKOHAMA 23/11 COLOMBO 24/11 FELIXSTOWE/HAMBURG 22/11 CHITTAGONG/MADRAS 24/11 ROTTERDAM/LE HARVE/ANTWERP 22/11 BOMBAY/KARACHI 22/11 BARCELONA. MARSEILLES. GENOA 24/11 LAX/NYC 21/11 SYDNEY/MELBOURNE 28/11 CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE 22-007-22 For
      732 words
    • 286 48 Con Term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 22ND NOVEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENAN6 19 NOV PORT KELANG 25 NOV JAKARTA 21 NOV BANGKOK 20 NOV SURABAYA 23 NOV HONGKONG 21 NOV FREMANTLE 22 NOV MELBOURNE 25 NOV SYDNEY 25 NOV BRISBANE 30 NOV 20 NOV I
      286 words
    • 466 48 This Week's Sailings Singapore I I T II T PTTI FIRSI FORWARDER IN 10-' ETD Io: KID asia awarded Singapore Singapore 'SO 9002 BY LRQA EVERY EVERY Bangkok SUN Jakarta SUN CDi EVERY EVERY Manila SUN Ho Chi Minh FRI UfDjli EVERY EVERY Colombo TUE Limassol THUR INTERNATIONAL SEA FREIGHT
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    • 1221 49 -IM|—- f CRYSTAL FREIGHT SERVICES PTE LTD I Ifi&Jlilla TEL N0: *****88/*****88 FAX: *****88 ASUWHim I ZBUJUW/MSTMIUt I BMPt BANGKOK 21/11 AUCKLAND 22/11 ANTWERP 22/11 BUSAN 23/11 ADELAIDE 19/11 FELIXSTOWE 20/11 HONG KONG 20/11 BRISBANE 19/11 HAMBURG 22/11 JAKARTA 23/11 FREMANTLE 19/11 ROTTERDAM 21/11 SURABAYA 23/11 q Y E n£?
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    • 448 49 ondor line SEMI-CONTAINERISED SERVICE VESSEL VOY SIN YANGON GiNZA ORIENT 04/N 20 22 NOV 25 27 NOV IT A CTDHI TMH L STAR 05/N 18 20 NOV 23 25 NOV E//\i3 1 DU UllU c»l T CiCT DMeei*zi!t{!!> ui. J »2t22oD 27-30 NOV PORTS VOY BUENOS MONTE VIOCO DURBAN JAKARTA
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  • Page 49 Miscellaneous
    • 131 49 TODAY'S WEATHER AND SEA CONDITIONS LEGEND R T>x*x*~.cx™ c /<\ t Weather Wmd drection with speed r» knots y Shower /J "O" Wo., hetght Cloudy Shy Sur+oce Winds ore indicated by arrows wh»ch Hy with Hie wind One fui circle represents calm or Ught and vonoWe wmds i m One
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    • 171 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o*oo 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 23 26 2.7 2.6 2.1 U 1.3 1J U 1.4 1.9 2.7 3.2 3.3 3.1 2.7 2.0 1.4 09 0.5
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    • 331 50 @APPENSHIP /2\ HAMBURG VTvy CONVENTIONAL INDEPENDENT LINER SERVICE S EUROPE TO SOUTH EAST ASIA AND FAR EAST ttSSUS LOADING PORTS DISCHARGE LOADING FOR HIR HAMBURG 07 10 93 SPORE 16/11. BKK 22/11 KANIN ANTWERP 02 10 93 SPORE 18/11 27 10 93 SPORE 26/11. BKK 1/12 KOALA CONTAINER LINE I
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    • 905 51 HYUNDAI ME R C HA NTM ARI NECOlLT^^^^ WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY I PNA PKE PGP VESSELS VOY SIN RTM AWT' LEH* HAM BKEj EEL HMM ADVANCE 31A 17/11 18/11 19/11 H. CHALLENGER 307W 22/11 10/12 10/12 11/12 12/12 12/12 14/12 NORASIA MALACCA 9333 A 24/11 25/11
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    • 482 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO i HEAVY LIFTS INBOUND VESSELS vessel vot sr n *uc u •REBli 22 It'll 21/11 ASIAN STAR IS2 21/11 23/11 COSNC TRADER »l 1/12 3 12 WHIM TRADER It 19 II 21/11 KEISMUN 23 24/11 21/11 ORANGE S*T 12 23/11 DAL IA ROIA
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    • 993 51 JEDDAH/UK/CONTINENT STORE CD S TON HfIURG R DAM UH Aho Accept*! Carjc For LEVERKUSEN EIPIIESS 15/345 20/11 29/11 1/12 11/12 13/12 15/12 Souttumptor to il UK dtsteutan. Bttlast ind DuMr fRANKEURT EKPRESS 70/146 24/11 11/12 14/12 16/12 Rotterdam :to al Antwerp. Amjte»d«n. Oilo. Hefertu KIT ANO 22/3(6 27/11 C/ 12
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