The Business Times, 3 December 1993

Microfilm: NL18967
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times WE KNOW ASIA MITA (F) 552/12/92 Friday December 3 1993 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down two points
      47 1 AFP NEW YORK An early rally in blue chips fizzled and share prices were \irtually unchanged yesterday following the release of mixed US economic indicators. The Dow Jones index of 30 leading industrials was down 2.51 points to 3.694.57 at Ipm EST.
      AFP  -  47 words
    • Article
      Lock icon Canada okays Nafta
      80 1 AP OTTAWA Canadian Prime Minister Jean Chretien said yesterday that his government will sign the North American Free Trade Agreement on Jan 1. removing the last major obstacle to the pact's implementation. Mr Chretien failed to get the changes he sought on energy provisions, but he did
      AP  -  80 words
    • Article
      Lock icon Volvo chairman quits, Renault merger on ice
      42 1 AFP STOCKHOLM Volvo chairman Pchr Gyllenhammar announced his resignation yesterday and said plans to merge the Swedish vehicle maker with France's Renault were being frozen. Mr Gyllenhammar was the architcct of the planned merger. AFP
      AFP  -  42 words
  • Article
    MARKET SUMMARY
    125 1 Stock market indices Thursday I ha nee STII 2.1?I 25 +25 24 KLSE C omposite 1.017.5 2.09 Nikkei 17.458.75 +333+4 Hang Seng 9.238.20 -15 83 SET Indei 1.366.03 +24.69 Jakarta Composite ..520.01 +2.15 C'LSA China B 1 282.83 +5 38 Aust All Ord 2.04'.3 +419 F7SE 100 3.223.9
    125 words
  • Article
    New Philippine-S'pore group outbids Keppel for Philseco
    502 1  -  From Al Labita in MANILA MANILA A new Philip-pine-Singapore consortium has edged out the Keppel Group in public bidding for Manila's largest shipyard, Philseco. The consortium, which includes Jurong and Sembawang shipyards, has bid 2.030 billion pesos (SSI 15 million) almost double Philscco's
    502 words
  • Article, Illustration
    Pledge of economic stimulus in Tokyo lifts Asian stocks
    556 1  -  From Anthony Rowley in TOKYO THE Tokyo stock market staged a further recovery yesterday, following a promise by a key member of the ruling coalition that the government will introduce a new economic stimulus packagc next week. The contents of the
    556 words
  • Article, Illustration
    Lock icon Sony chairman conscious after surgery
    160 1 AFP TOKYO Akio Morita (above), chairman of Sony Corp and one of Japan's bestknown international businessmen, was conscious but weak after a four-hour operation for a cerebral haemorrhage, Sony vice-president Tsunao Hashimoto said yesterday. "The operation was very successful," Mr Hashimoto told a hastily called
    AFP  -  160 words
  • Article, Illustration
    Bukit Sembawang's net earnings plunge 74pc
    319 1  -  By Lilian Ang SINGAPORE Propertybased Bukit Sembawang whose share prices have almost doubled in the past month yesterday announced a near-74 per cent plunge in interim net earnings and a 97.8 per cent drop in turnover. Net earnings for the six months to Sep
    319 words
  • Article
    China warns UK: No more talks if Patten acts on Bill
    459 1  -  From Catherine Ong in HONGKONG CHINA said yesterday that Hongkong Governor Chris Patten's move to press ahead with parts of a controversial electoral Bill would mean the end of talks with Britain as well as dire consequences for SinoBritish
    459 words
  • Article
    Hotel operator set to be first Viet firm to be listed abroad
    428 1  -  By Harish Mehta SINGAPORE Vietnam's biggest hotel operator. Saigon Tourist, is set to become the first domestic firm to be listed abroad and expects to raise about USS3O million (5547.7 million) to US$4O million from the exercise. Saigon
    428 words
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      202 1 <*■?' CONTENTS News Companies S'pore News 2 S'pore-Wsia 17-20 Regional News 3,4.5 Financial 21.22 Work) News 7.8 Features Markets Analysis 15 CJob'RLSE. SES 2fr2B Editorial 14 Regional 24 Sports 11 World 25 TV Lifestyle 13 Currencies 22 Regional Focus 6 Simex Commo 22,23 Subscription Tel 1800 *****77 Fai *****75 BT
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      17 1 Advertising: p* 9 Ball's balancing act Vickers sets sight on being the biggest local stockbroker, Page 17
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      17 1 Hock Lock Siew: Pk n lg-\ Will \the stock of 1994 yuljil dreams? Full reports. Pages 24-28
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      4 1 Whither \lorita? Back Page
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      86 1 The Bottom Line: Pg 16 W ell done Vietnam ajjfl-T VCH GROUP TRANSPORTATION b WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 LINES) FAX: 861-6366 Bundesbank trims key rate to pave way for Euro cuts, Back Page V;- y.: I I v «hv* :fcf.>."'. 'y >>
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Factory space ads take slight dip
        316 2  -  By Abdul Hadhi \DVI R I ISFMFN I S for factors space in the Smuts limes totalled 2.099 in November, a slight drop from the October figure of 2.117. l'he November 1993 ad count v\as virtually unchanged from the November 1992 level of 2.098.
        Source: URA  -  316 words
    • Article, Illustration
      Two homegrown businesses to franchise in S'pore and abroad
      555 2  -  Bee Cheng I liana and kinderland set to expand aggressively By Jenny Lam TWO homegrown businesses arc preparing for aggressive expansion b\ franchising both locally and abroad. They arc Bee Cheng Hiang Hup Chong Foodstuff, an offshoot of the original Bee
      555 words
    • NEWS ROUNDUP
      • Article
        JTC removes collapsed factory canopy
        50 2 JURONG Town Corporation has removed a collapsed canopy from its Hatted factory at Block 8. Lorong Bakar Batu. Engineers have checked the building to ensure it is safe. Repairs should be completed in about four months' time. The canopy collapsed on Wednesday during heavy rain.
        50 words
      • Article
        Keppel sponsors design competition
        62 2 KEPPEL Corporation will again sponsor a design competition organised by the Innovators' Club of the National University of Singapore's engineering faculty. The annual contest, called the Keppel Cup Design Competition, gives student teams a chance to creatively apply theory to practical working devices. The winning team
        62 words
      • Article
        Cover-up soon for open lorries
        48 2 DRIVERS of open vehicles carrying refuse, wastepaper. sand, granite chips, earth, waste wood and similar items will have to cover their loads from Dec 17 to help control litter. The Environment Ministry says litter from open lorries has presented a difficult cleaning problem.
        48 words
      • Article
        Falmac wins Indian award
        56 2 FALMAC Machinery, the only maker of knitting machines in Asean, has won an award from the Federation of Hosiery Manufacturers Association of India for its contribution to the knitting industry in India. Falmac founder Ho Liong Fen said he hoped the award would help open more
        56 words
    • Article
      Chinese press must balance coverage of Asia Pac with world
      417 2  -  By Schutz Lee THE Chinese-language press in the region needs to balance its coverage of developments in the dynamic Asia Pacific especially in China with events taking place elsewhere in the world. Deputy Prime Minister Lee Hsien Loong said yesterday.
      417 words
    • Article
      Lock icon 24-hr Mandarin news service
      108 2 Reuter HONGKONG The Ming Pao newspaper group in Hongkong is planning a 24-hour Chinese language satellite television news service, an official involved in the project said yesterday. The official said a start-up date had not been set for the project, which will be operated by AIM
      Reuter  -  108 words
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      282 2 Brings out the true ffILOI HS in you A. kV' J f§R CHARLES STURT I I V*|/ UNIVERSITY I H A Degree that opens new career opportunities hi Public Accounting Practice, (Commerce and Industry, Non-profit Organisations, (Government Organisations, ■B Accounting Education! Charles Sturt I Diversity, a multi-campus university and H
      282 words
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      Page 2 Advertisements Column 2
      146 2 I p ar te I 1 i-M 5. fe 5« 3 i I'll a q g Lease a Waterside apartment; get a 'Country Club' and the sea as well Enjoy complete recreation facilities, even as you admire the magnificient sea view from your elegantly fitted apartments. Appreciate the convenient location'The
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      130 2 S&j rTTTTn-fr'rf ft xmngginxmrgggJ 3 i After Youve Eaten i One Of chef j Dominique Le Stascs I 1 Creations. Evervthi.nc Else Seems Like j jj ton And Water. 1 E Dominique Lc Stanc, Chef de Cuisine of Restaurant Chantecler at the Hotel Negresco in Nicc, is the youngest chef
      130 words
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  • THE REGION
    • Article, Illustration
      S'pore will take level-headed approach in Indon, China investments: SM Lee
      494 3  -  Reports by Yong Pow Ang in HAIKOU, Hainan SINGAPORE will adopt a level-headed approach to investing in Indonesia and China as each country has its natural advantages, says Senior Minister Lee Kuan Yew. While reaffirming Singapore's commitment to developing
      494 words
    • Article
      A bit of imagination and a dose of reality
      695 3 SM Lee on how budding entrepreneurs can seize opportunities and make fortunes in region USE your imagination with a sense of reality to seize investment opportunities in this region. And you are on to the road to making fortunes which you
      695 words
    • Article
      Australia to train Indon trade unionists under new pact
      429 3  -  Reports by Maggie Ford in JAKARTA AUSTRALIA signed an agreement with Indonesia yesterday under which Canberra will provide training for trade union officials in collective bargaining and for manpower inspectors in enforcing labour laws. Occupational health and safety and workers' compensation
      429 words
    • Article
      British business commitments in Asia paying off, says minister
      322 3 BRITISH Minister for Trade Richard Ncedham told a group of Indonesian businessman yesterday that the UK's commitment to stimulating business in Asia was paying off. Paying his third visit to Indonesia this year, with a delegation of business leaders, he said:
      322 words
    • ASIA NOTES
      • Article
        Lock icon Indonesia's richest ethnic Chinese
        67 4 Reuter JAKARTA Business tycoon Sudono Salim. a long-time friend of President Suharto, is the richest ethnic Chinese in Indonesia with assets of US$3 billion (554.7 billion), according to a business magazine survey released yesterday. Info Bisnis monthly named Prayago Pangestu, head of the Barito Pacific group
        Reuter  -  67 words
      • Article
        Lock icon N Korea's terms for nuclear inspection
        83 4 AFP SEOUL North Korea is prepared to allow inspections of its nuclear facilities if the United States halts annual military exercises with Seoul and guarantees it has no nuclear weapons in the South, a press report here said yesterday. The Chungang Daily quoted an
        AFP  -  83 words
      • Article
        Lock icon Ho Chi Minh City property boom over
        80 4 Reuter HANOI A property boom has ended in Ho Chi Minh City, Vietnam's main commercial and industrial centre, and prices are 20 to 30 per cent down on last year, a state-owned newspaper said yesterday. Zoning changes were a major reason, the Vietnam
        Reuter  -  80 words
      • Article
        Lock icon Tonga, Indonesia share satellite slot
        81 4 AFP AUCKLAND A threatened "star wars" between Tonga and Indonesia has ended with the two sides agreeing to share a geostationary equatorial satellite slot both had parked satellites in and to unite on another slot. Although Tonga had international law on its side, an Indonesian
        AFP  -  81 words
      • Article
        Lock icon Taipei's NT$15b loans to enterprises
        34 4 AFP TAIPEI Taiwan will allocate NTS 15 billion (*****.5 million) in loans to small and medium-sized enterprises in a bid to revitalise the economy, officials said here yesterday. AFP
        AFP  -  34 words
    • Article
      Lock icon Chinese bankruptcy reform delayed by workers' unrest
      255 4 Bloomberg Business News BEIJING Only 20 Chinese enterprises have gone bankrupt under the nation's 1988 bankruptcy law because of unrest involving hundreds of disgruntled workers, according to the official Economic Daily. The worst reaction occurred in summer last year, when more than 1,000
      Bloomberg Business News  -  255 words
    • Article
      Lock icon Li Peng calls for continued growth in China next year
      616 4 Reuter BEIJING Premier Li Peng has urged China to stay on the economic fast track in 1994, brushing aside warnings from both domestic and overseas economists that another round of full-throttle growth could prove perilous. The People's Daily and most
      Reuter  -  616 words
    • Article, Illustration
      Lock icon Beijing road hog
      54 4 AFP BEIJING A China Southwest Airlines plane taxiing along a runway that is intersected by a vehicular road after landing at the airport here on Wednesday. Civil aviation in China has been plagued by a poor safety record and more recently by an unusually large number of
      AFP  -  54 words
    • Article
      Lock icon Taiwan turns down US demand to cut tariffs
      198 4 AFP TAIPEI Taiwan has rejected an American demand that it draw up immediate plans for reducing import tariffs on 699 agricultural and industrial items, officials here said yesterday. "We will inform the United States that their reduction proposal will be discussed in
      AFP  -  198 words
    • Article
      Lock icon Beijing rejects US criticism on copyrights
      395 4 AF BEIJING China yesterday expressed "strong displeasure" at an American warning that Beijing's continued poor protection of intellectual property rights could lead to trade sanctions. United States Trade Representative Mickey Kantor on Tuesday said China was failing to enforce laws protecting US copyrights, trademarks
      AF  -  395 words
    • Article
      Lock icon France makes pitch for China's investment dollars
      419 4 Reuter BEIJING France made a rare Western pitch for China's investment dollars yesterday, following predictions that Beijing's trickle of overseas investment may become a flood if the economy maintains its current momentum. French bankers, lawyers and investment officials spoke at a seminar for
      Reuter  -  419 words
    • Article
      Lock icon Tokyo seeks protection from discriminatory deals
      401 5 FT PARIS Japan yesterday sought multilateral protection from pressures, mainly by the United States, to strike bilateral deals on trade and investment discriminating against Tokyo's interests. A senior Japanese official has asked the Organisation for Economic Co-operation and Development (OECD) to issue a declaration
      FT  -  401 words
    • Article, Illustration
      Lock icon Japan's defence chief resigns
      278 5 Call to revise pacifist Constitution sparks storm of protest AP TOKYO In an embarrassment for Japan's coalition government, the defence chief yesterday resigned, after touching off a storm of protest by suggesting the pacifist Constitution be revised to allow more overseas peacekeeping activities. The remarks by
      AP; Reuter  -  278 words
    • Article
      Lock icon Japanese use US supercomputer orders to back argument on trade
      190 5 AP TOKYO US suppliers have won three of seven recent contracts for government purchases of supercomputers, a top Japanese trade negotiator said yesterday. Seizaburo Okamatsu, ViceMinister for International Affairs, argued that the deals proved that it was unnecessary to set
      AP  -  190 words
    • Article
      Lock icon Pakistani firm secures loan for power plant
      182 5 Reuter KARACHI The Hub Power Co Ltd (Hubco), which is building a US$l.BB billion (552.98 billion) thermal power plant, has signed an agreement with Pakistan's state-run National Development Finance Corp (NDFC) for a loan of 300 million Pakistani rupees (5518.3 million). The money,
      Reuter  -  182 words
    • Article
      Lock icon Kashmir mosque siege, stock market scam to dominate Indian parliament sessions
      288 5 AFP NEW DELHI The Indian parliament yesterday began its winter session which analysts said risked being dominated by a stock market scandal and the aftermath of the army siege of a Kashmir mosque. The session has been shortened by
      AFP  -  288 words
    • Article
      Lock icon Aussie retailers look forward to a cheerful Christmas
      419 5 Reuter SYDNEY Australian consumers. long held back by a poor job market and weak income growth, are stirring to life and fostering a recovery in the country's recession-worn retail industry. Official data released yesterday showed retail sales rose 0.8 per cent, seasonally
      Reuter  -  419 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      106 4 This advertisement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for debt securities Global Offering December J. 1993 ci|io Korea Electric Power Corporation U.S. $1,350,000,000 6%% Notes due 2003 Price 98.551% Lehman Brothers Goldman, Sachs Co. Merrill Lynch Co. Salomon
      106 words
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      Page 4 Advertisements Column 2
      115 4 WHY NOT COME IN FOR If the Fondue looks inviting, drop by Le Chalet. Here, complete with pictures of Switzerland and a large Swiss we fuss over Fondue; the house's speciality. After insignia. Incidentally, our ambience and food have all, we're an authentic Swiss restaurant. The Swiss also won us
      115 words
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      477 5 by the name of Rockefeller ft obviously thought so; he bought 100 of them for his friends. After hearing a Reuge yVrflpfc y mwmlmmwLbm singing-bird, you will probably BH Bu J I 11 kill want to give one to somebody THE EMPEROR OF CHINA, THE DUKE Ij .TjJllll you u
      477 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Voters make their feelings known
      1194 6  -  Results of elections in four Indian states From Yogi Aggarwal in BOMBAY IF ELECTIONS in India have all the appearances of a festival, they can also be as unpredictable as a one-day cricket match. They are colourful, boisterous and sometimes violent, but the voter keeps
      AFP; Reuter  -  1,194 words
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      Page 6 Advertisements Column 1
      97 6 Put yourself in this man's |£S\ A shoes and you'll soon discover something. They're comfortable. And like him, whether you're in the middle or in the middle t you'll always look great and feel good. Because when it comes to comfort, one shoe says it all. f vP Hush Puppies.
      97 words
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      273 6 Organiser Official Publication investment The emerging markets conference T\TI7AriTCI specialist presents two essential 9 in-depth business forums 11l 1' 111 FOCUS LIMITED PROFITING The Slate Committee few FROM Cooperation and Investment THE "NEW" INDIA MADE IN Capitalising on investment in a reforming VIETNAM economic climate A Two-Day Symposium on the
      273 words
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  • THE WORLD
    • Article
      Lock icon US Congress set for tighter controls on financial markets
      447 7 Reuter WASHINGTON The US Congress, pushing through major securities reforms before adjourning for the year, is poised to consider tighter controls on other rapidly expanding financial markets in the next session. Lawmakers last week sent to the White House legislation overhauling
      Reuter  -  447 words
    • Article
      Lock icon W German GDP slightly lower in October
      282 7 Reuter BONN Western German industrial output fell marginally in October, confirming that the region's economy had stabilised following its worst postwar recession, official data showed on Wednesday. The Economics Ministry said output slipped 0.4 per cent in October from September to stand 3.8
      Reuter  -  282 words
    • Article
      Lock icon Delors pleads for EC target of 15m new jobs
      135 7 Reuter BRUSSELS European Commission President Jacques Delors pleaded yesterday for the European Community to set itself the target of creating 15 million new jobs over the next six years in a bid to solve its unemployment crisis. "We stick to the
      Reuter  -  135 words
    • Article
      Lock icon More lay-offs as US firms fight price wars
      260 7 Reuter NEW YORK An increasing number of US firms are laying ofT workers because of global competition and price wars, but the cutbacks could be detrimental to an economy just beginning to recover, several analysts said. Blue chips American Telephone Telegraph Co
      Reuter  -  260 words
    • Article
      Lock icon Russia receives nod to act as peacekeeper in border conflicts
      396 7 Reuter ROME A European security conference gave preliminary approval on Tuesday to Russia's plan to act as peacekeeper in the conflicts raging around its borders, convinced that Moscow was likely to go ahead anyway. In a final communique ending their
      Reuter  -  396 words
    • WORLD WATCH
      • Article
        Lock icon Sakhalin oilfield project to resume
        108 7 Reuter TOKYO Russia has reached an agreement with a Japanese consortium to resume a stalled oil and natural gas project off Sakhalin island in the Russian Far East, a consortium official said yesterday. The official at Sakhalin Oil Development Corp (Sodeco) said the project, which
        Reuter  -  108 words
      • Article
        Lock icon Nato won't expand for now
        98 7 Reuter BRUSSELS NATO foreign ministers agreed yesterday there was no question of allowing Eastern European states to join the alliance soon but left open the door for them to do so after forging closer military ties with the West. Under strong pressure from Russia not
        Reuter  -  98 words
      • Article, Illustration
        Lock icon World's most admired people
        106 7 Reuter NEW YORK Religious figures Mother Teresa (left) and Billy Graham are the most admired people in the world, beating presidents and first ladies in the annual rankings by Good Housekeeping magazine. The rankings, determined by 10,000 readers of the monthly, put President Clinton at the
        Reuter  -  106 words
      • Article
        Lock icon UK bankruptcies hit 4-year low
        99 7 Bloomberg Business News LONDON UK companies going into receivership in November dropped to 179, 25 per cent down from October and the lowest since 1989, accountancy firm Touche Ross said in a statement yesterday. These figures "continue the downward trend we have seen throughout 1993",
        Bloomberg Business News  -  99 words
    • Article
      Lock icon Canada's recovery slowed by growing public debt: OECD
      427 8 Reuter OTTAWA Canada's economic recovery is under way, spurred by US demand and rising exports, but has been slowed by rapidly growing public debt, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday in a year-end report. The world economic
      Reuter  -  427 words
    • Article
      Lock icon Canadian PM sees progress in Nafta talks with US
      402 8 Reuter OTTAWA Prime Minister Jean Chretien said on Wednesday Canada had made progress in talks with the US on improvement to the North American Free Trade Agreement (Nafta), but he still would not say whether he will implement the pact. Mr
      Reuter  -  402 words
    • Article
      Lock icon Italian ex-minister took US$3m from Ferruzzi
      125 8 Reuter MILAN Former Italian budget minister Paolo Cirino Pomicino admitted on Wednesday he illegally accepted more than US$3 million (SS4.B million) from the Ferruzzi agro-industrial group and offered to try to pay it back. "I intend to take full responsibility for this error of
      Reuter  -  125 words
    • Article, Illustration
      Lock icon Guns and DeRosie
      88 8 Reuter LAS VEGAS Gun shop owner/manager Bob Deßosie holding up a 9mm Clock 17 in his store, The Gun Shop, here on Wednesday. Mr Deßosie believes that small arms such as the 9mm semi-automatic will notch up the highest sales before the Brady Bill goes into effect
      Reuter  -  88 words
    • Article
      Lock icon German DAG union settles for modest pay rise
      338 8 FT FRANKFURT The first significant deal in Germany's 1994 pay negotiations has resulted in insurance workers settling for a 2 per cent across-the-board award. According to officials of the DAG white-collar union, a one-off payment and travel subsidies will boost the total
      FT  -  338 words
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      Page 7 Advertisements Column 1
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  • Page 8 Advertisements
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      713 8 IN THE MATTER OF THE COMPANIES ACT. CAP.SO PURSUANT TO SECTION 290(1Kb) COMBO GARMENTS PTE LTD At an Extraordinary General Meeting of Combo Garments Pte Ltd deemed to be held on 26 November 1993, the following Resolutions set out below were duly passed: AS SPECIAL RESOLUTIONS: That the Company be
      713 words
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      461 8 BUSINESS TIMES TOLL—FREE TEL. No. 1 -800-741-1883 FA X: "741-1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 5# AND IN THE MATTER OF TAI HUNG GLASS PTE LTD (Incorporated ia the Republic of Singapore) Al an Extraordinary General Meeting of Members of Tai Hung Glass Pte Ltd duly convened
      461 words
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      Page 8 Advertisements Column 3
      177 8 HOTEL ORANO CENTRAL UMTTEO (Incorporated #1 Singapore) LOST SHARE CERTOCATES Certificate no. *****9 for 1.000 •haros and certificate no. *****0 tor 150 shares in the name of Tan Kay Hai Richard have been reported lost, destroyed or mislaid. NOTICE IS HEREBY GIVEN that now certificates will be saued and the
      177 words
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      Page 8 Advertisements Column 4
      315 8 TW COMPANIES ACT (CHAPTER 90) SECTION 291(1) STATUTORY Of CLAIM TI ON 9Y DIRECTORS OF COMPANY'S ■UamTY TO CONTMUC UAMUTKS Mare of Company AtVERTBNN AMCMTIS (1576) PRWATILNMTH Company No *****1614N 1. Kenneth Own landeil-jones of 15 Odey Walk. #03-05 Belie Vw. Singapore 0923. MttC No *****139 A matt oath and
      315 words
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      Page 8 Advertisements Column 5
      189 8 SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) LOST SHAK CBmRCATt The undermentioned share certificate has been reported lost, mislaid or destroyed CerOcaliNoo No. of share In the now of *****534 IXI,OOO UNITED OVERSEAS BANK NOMINEES (PTE) LTD Notice is hereby given that duplicate certificate will be issued and
      189 words
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      Page 8 Advertisements Column 6
      39 8 I I If you're planning for an exciting career move, the Appointments Section is Just the place to i start looking I for that J perfect j position. j J 737-/766 to place a quick- Jj acting ad. 737-11**
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  • ADVERTISING & MARKETING
    • COPY LINES
      • Article
        NBA picks Royal Sporting House
        56 9 SINGAPORE Royal Sporting House has been appointed the official distributor of National Basketball Association (NBA) consumer products in Singapore, Malaysia, Indonesia and Brunei. Royal Sporting House, one of Singapore's largest sports goods retailers, will buy directly from US NBA licensees and distribute the products to
        56 words
      • Article, Illustration
        Coke's polar bears back for Christmas
        72 9 SINGAPORE Coca Cola's fun-loving polar bears have returned to the television screens this Christmas. Through the use of computer animation techniques, the bears first spotted earlier this year gazing at the Northern Lights will team up with Santa Claus in a new, whimsical holiday
        72 words
      • Article
        Nike's chief leaves to join Prince
        76 9 SINGAPORE John Chew has resigned from his post of managing director of Nike Singapore to take up the appointment of managing director of Prince. A Nike statement yesterday said Mr Chew's successor would be announced shortly. Mr Chew had been at Nike's helm since
        76 words
    • Article, Illustration
      Ball attempts to get back on its feet
      513 9  -  Sanjay Monsanto reports on changes for the ad firm come the new year Sanjay Monsanto The writer is a freelancer who contributes to BT AFTER a series of setbacks, including the resignation of its managing director, creative director and finance director, The
      513 words
    • Article
      Lock icon Canned Draught Guinness is No 1 in UK
      465 9 FT FOUR YEARS after its launch, canned Draught Guinness is firmly established as the most successful new product introduced in the UK beer industry for more than a decade. More than 250 million cans fitted with the widget that gives the stout
      FT  -  465 words
    • Article
      Lock icon TWA gets an idea or two from other shops
      234 9 NYT Trans World Airlines (TWA) on Tuesday said Backer Spiel vogel Bates Worldwide Inc of New York had retained the airline's estimated USS4S million (5572.2 million) to USS6O million account after an informal review. "We are pleased with their work." said
      NYT  -  234 words
    • Article
      Lock icon UK ad firms post mixed bag of results
      526 10 Overall, other European markets do better than UK FT THE events of one day last month summed up the currently mixed messages coming from UK advertising agencies about prospects for business. Abbott Mead Vickers reported a slight drop in its pretax profits
      FT  -  526 words
    • Article, Illustration
      Lock icon Pepsi to gear up for competition in Canada
      832 10 Bloomberg Business News PEPSI-COLA Beverages Canada Inc, in a bid to grow its market share and fend ofT low-cost competitors, says it will cut prices on some products and introduce some new packaging designs and a new line of Colas. "This is
      Bloomberg Business News  -  832 words
    • Article
      Lock icon Saatchi & Saatchi to buy 20pc stake in India's Everest Advertising
      141 10 Saatchi Saatchi to buy 20pc stake in India's Everest Advertising Bloomberg Business News SAATCHI Saatchi Communications of Britain will pick up a 20 per cent stake in India's Everest Advertising (Priv) Ltd, Saatchi's senior executive Robin Courage told The Economic Times in Calcutta. Saatchi would eventually take majority shareholding in
      Bloomberg Business News  -  141 words
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      Page 9 Advertisements Column 1
      219 9 ■TB Straits Steamship Land Limited (Incofpor—d m the RapuMc at Singapore) $150,000,0001.6% UNSECURED LOAN STOCK 1989/94 ("LOAN STOCK") NOTICE OF CLOSURE OF REGISTER OF LOAN STOCKHOLDERS Pursuant to the terms of issue of the $150,000,000 Unsecured Loan Stock 1969/94 ("Loan Stock'), the interest on the Loan Stock at the rate
      219 words
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      Page 9 Advertisements Column 2
      487 9 [NATIONAL UNIVERSITY OF SINGAPORE Presents I nj PUBLIC LECTURES PROFESSOR BRIAN ABEL-SMITH jjl Lee Kuan Yew Distinguished Visitor j jjX PUBLIC LECTURE I jj| Topic "Com Containment In Healtli Care" W PUBLIC LECTURE |i Topic "YataelorMoaeylnHealthCart" Date Wednesday, 15 December 1993 ALL WELCOME ADMISSION FREE CANADA Hit CALGARY, ALBERTA r
      487 words
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      72 10 V i The art of writing MONT° BLANC Experience for yourself the elegant new additions to the Montblanc leather collection: four distinctive wallets and a leather-bound notebook, all superbly crafted from naturally-tanned cowhide. Our specially trained sales associates will be happy to introduce you to these exquisite products. Montbtanc Boutiques
      72 words
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      Page 10 Advertisements Column 2
      247 10 \GUESS7 W tiff I V lUR AL. v, Jeuk H uL Bf *wsi JHfer ioMflr IHkA T 'Ti*liiiM H rif a I jKSfcUflF*iA j{K--7V (Umotf attitude. One that exudex confidence, strength and *enxualit>: You're kntkinp pood feeling pood Andynu are unafraid itf expressing yTturactf. ex, you are ready for (Mem?.
      247 words
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  • SPORTS
    • Article, Illustration
      Lock icon Dubai Sevens: Rugby with a difference
      775 11  -  By Shahiron Sahari DUBAI For sports fans on the lookout for something quite different, the Dubai Sevens may be just the thing. Think of rugby sevens, and most people think of the annual sporting and social do that is the Hongkong Invitation Sevens. However,
      Photo by Balloon Advertising  -  775 words
    • Article, Illustration
      Lock icon Bill Laimbeer calls it quits
      435 11 NYT NEW YORK A season that began without the hero fans enjoyed cheering the loudest will have to continue without the villain they loved to boo the most. Bill Laimbeer announced on Wednesday that after a dozen seasons as the baddest of the Detroit Pistons
      NYT; AFP  -  435 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        352 11 Reuter AFP AP NEW YORK NBA results on Wednesday (home team First): Boston 120 Washington 113; Charlotte 88 San Antonio 92; New Jersey 97 Cleveland 82; Orlando 114 Portland 106; LA Clippers 100 Indiana 120; LA Lakers 124 Dallas 91; Sacramento 101 Minnesota 111. Reuter NEW YORK Hakeem Olajuwon
        Reuter; AFP; AP  -  352 words
      • Article, Illustration
        Lock icon Cricket
        166 11 AP CANBERRA South African coach Mike Proctor says he won't settle for anything but a test series victory over Australia during the team's current tour. As the South Africans prepared for their tour match yesterday against a Prime Minister's XI in Canberra, the team's opening match of their first
        AP  -  166 words
      • Article, Illustration
        Lock icon Golf
        113 11 Reuter SYDNEY Texas-based Australian Steve Elkington shot a 6-under-par 67 yesterday to take a one-shot lead in the U*****,000 (*****.000) Greg Norman Holdcn Classic. Elkington plucked six birdies from the water-riddled back nine holes, which he played first under the two-tee setup, in a 6-under 31 over the par-73.
        Reuter  -  113 words
    • Article
      Lock icon Germany eyeing Davis Cup without Becker
      333 11 AP FRANKFURT Who needs Boris Becker? Without the hero of its previous two Davis Cup triumphs, Germany has still managed to reach the final, and plays Australia this weekend in Duesseldorf for the 1993 title. Michael Stich. the number two in the world, has
      AP  -  333 words
    • Article, Illustration
      Lock icon Wadkins could wear several hats for US at Ryder Cup
      576 11 Golf AP PALM BEACH GARDENS, Florida Lanny Wadkins will go to his ninth Ryder Cup. The question is whether it will be as a player, the captain of the US team, or both. "I still think of myself first as
      AP  -  576 words
    • Article
      Lock icon China wins 7 golds on wet day at Asian track meet
      415 11 AP MANILA Chinese athletes set three meet records yesterday in sweeping seven gold medals during a rain-drenched third day of competition in the I Oth Asian Track and Field Championships. In the day's biggest surprise, world record holder Andrei
      AP  -  415 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      205 11 WINDOW TO THE l INDONESIAN ECONOMIC BUSINESS DB, °W I H This week's highlights PNlial JSB >► The prospects of the J® I packaging industry 1- r J't ]!f fc* I >► Arafat ECONOMIC BUSINESS REVIEW INDONESIA In today's competitive business world information is a key factor which will give
      205 words
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      961 12 rage iz Nothing B6fltS A Bud. iHHftlfl WHERE TO WINE, DINE AND ENTERTAIN OK Tea with Fashion Head for our High Tea every -M Saturday and Sunday at Ficus Cafe. Enjoy a fashion show /w by June Feline's models WW y\ from 4 pm to 4.30 pm %-v while savouring
      961 words
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      Page 12 Advertisements Column 2
      341 12 m iSfe LUNCH ACROSS A|l INTERNATIONAL A gfe BOUNDARIES DURING fTni W DECEMBER Ml Festive fare and variety. An irresistible combination that makes Top of the M a "must" lunch destination for December. V J For reservations, please call 734 61S1 739 8438 Seasonal Buffet *il# 1 Dec 15 Dec
      341 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Shanghai's Western cuisine defies Westernisation
      707 13  -  Jeffrey Parker discovers that Western food in Shanghai is neither Western nor Chinese Jeffrey Parker Reuter SHANGHAI'S beloved "Western cuisine" has weathered war. foreign occupation. revolution and anti-foreign fanaticism, and looks set to survive the current incursion of. well, Western cuisine. Even late on a
      Reuter  -  707 words
    • Article, Illustration
      Lock icon World Aids Day concert in London attracts 11,000
      549 13 CHATTERBOX Reuter PRINCESS DIANA and rock star David Bowie shared standing ovations on Wednesday night at a sell-out British benefit concert marking World Aids Day. The "Symphony of Hope" show for Aids charities attracted 11.000 people to London's Wembley Stadium and starred
      Reuter  -  549 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      387 13 GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don t miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BIK 833 *0103 ROYALVILLE BUKIT TIMAH ROAD SINGAPORE 1027
      387 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1258 13 TV RADIO Red Dust the the Shaohua who. being the turns to books for es- £o}k cape. She gains her threatened because her re- J an fan J^. (Qin actually for the Japanese. The SBC 5 QX deep-sea adventure a race to rescue two deep-sea who are trapped 95 metres
      1,258 words
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  • Article
    Opportunities abound in India
    511 14 EDITORIAL THE news that India is likely to allow foreign firms to invest in industrial real estate is an indication of the responsiveness of India's leadership on economic matters. The idea was apparently suggested by Singapore Prime Minister Goh Chok Tong when he met his Indian
    511 words
  • WHAT THE OTHERS SAY
    • Article
      Mixed signals from India
      251 14 THE REDEEMING FEATURE of the mixed signals emanating from elections in several Indian states, as well as the capital territory of Delhi, is that Prime Minister P V Narasimha Rao's economic reforms are in no immediate danger. No doubt he would have been in a stronger
      251 words
    • Article
      Moderation for peace
      171 14 THE BLOODY DEMONSTRATION last Tuesday that led to the death of one Palestinian and left 65 others injured reflected Palestinian frustration over the lack of change since the peace accord was signed between the Israeli government and the PLO. It cast a shadow over the whole process
      171 words
    • Article
      Social justice and the law
      171 14 THE MURDER of toddler James Bulger by two elev-en-year-olds early this year in Liverpool has shaken Britain and the world. The killing was not a sudden occurrence: it must have been germinating in the minds of the young killers. The question is what caused such
      171 words
    • Article
      Not at the people's expense
      155 14 THE WORLD BANK has been urged to help arrange talks between the Electricity Generating Authority of Thailand (EGAT) and environmental groups to find a solution to the impasse over the Pak Mool hydro-elec-tric dam. EGAT, whose reputation for sabotaging talks with NGOs and environmental groups
      155 words
    • Article
      Hit the kidnappers hard
      164 14 AS THE Philippines winds down its long and bitter battle against communist and Muslim insurgencies, a more serious threat has emerged. President Fidel Ramos and Vice-President Joseph Estrada face a serious problem of organised crime in the form of kidnappings. Filipinos have borne the brunt of
      164 words
    • Article
      Time to get cracking
      149 14 WHAT WE WOULD like to know is why the developers cannot use a modest portion of their massive land banks for the building of low-cost houses. We are not asking them to use every available piece of land for such purposes. In such an unsatisfactory situation
      149 words
  • Article, Illustration
    Lock icon Europe finds it must become less caring to survive
    1047 14  -  The welfare state has been a sacred cow for ages. But things are changing, Erik Ipsen reports, as Europeans realise it's costing not just cash, but jobs Erik Ipsen IHT FACED with yawning budget deficits, rising unemployment and growing worries about
    IHT  -  1,047 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      113 14 goes on a househunt How much are private properties going for? Should you buy now, or later? House Hunt gives you the actual transacted prices of all private property sold in Singapore each month. SPOTLIGHTS: IPC CORP. INNO-PACIFIC HOLDINGS I From that, you'll gj||*j|g; have a clear view /ft of
      113 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      85 14 lohcßc dovou (Ttrne off fcR Good] (GOODNIGHT AU_ 7} VOO'RC GOIWG 7 I 6eHPvV«OUR J v y »rs Otfi-Y T eN I v y x ASSOCIATCONCWSPA'tftSKO. ItU-lff) I J TQfcj DOONESBURY GARRY TRUDEAU J Dal-Tex, tfiia is Dictabelt. Dictabelt, 25 years agp plmyself have written^ W Your'Ciffurette. Holder the conspiracy
      85 words
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  • ANALYSIS
    • Article
      Standing by as the financial cowboys shoot
      1220 15  -  While International Business Week correspondents examine why Japanese financiers are lagging behind in the hottest Asian capital markets, Kenneth N Gilpin finds foreign money managers biding their time on Japanese stocks, believing prices have not touched bottom yet Kenneth N Gilpin AS HEAD
      1,220 words
    • Article, Illustration
      The sons are rising in the East
      1011 15  -  Joyce Barnathan takes a look at the generation that will lead Asia into the future Joyce Barnathan THE FATHER makes the money, goes the Cantonese proverb, while the son spends it. A nice old saying, but for many overseas Chinese tycoons these days,
      1,011 words
    • Article, Illustration
      Lock icon No rush for bargains in Japan yet
      601 15 NYT Even THOUGH Japanese stocks have taken a severe beating over the last month or so. few international portfolio managers say they are ready to start buying suddenly cheaper Japanese equities. "Wait and see" may be the best strategy for now. managers say.
      NYT  -  601 words
  • Page 15 Advertisements
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      107 15 When in the PHILIPPINES... Get The Straits Times, Lianhe Zaobao Business Times from the following hotels: mmmmmmmmmmmmmmmmmmmmmmmmtmmmmmmmmmmmmmmmmm Manila Hotel £>£7 Sundowner Centerpoint 7**? f- k Hyatt Regency Manila m Swagman Hotel M Hotel Nikko Manila Garden i Shan9riLa Ho,el M Mandarin Oriental Manila k M Manila Peninsula Hotel Manila Midtown
      107 words
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  • Article
    Lock icon US, EC reach outline farm trade package: Kantor
    624 16 Bloomberg Business News AFP. Reuter BRUSSELS United States Trade Representative Mickey Kantor yesterday said he believed US and European Community negotiators had reached an outline farm trade package that all 12 EC states could support, implicitly including France. He also said the
    Bloomberg Business News; AFP.; Reuter  -  624 words
  • Article
    Lock icon Gore calls for summit of western hemisphere democracies next year
    558 16 Reutcr MEXICO CITY United States Vice-President A 1 Gore, calling the North American Free Trade Agreement a new beginning in US relations with Latin America, has invited the leaders of most western hemisphere democracies to a summit next year to
    Reutcr  -  558 words
  • Article
    Lock icon Japanese economy likely to shrink this year, says OECD
    299 16 Reuter TOKYO The Organisation for Economic Cooperation and Development (OECD) said it expects Japan's economy to shrink this year and to grow feebly in 1994. In a last-minute erratum to its annual report on Japan released yesterday, the think-tank said it
    Reuter  -  299 words
  • Article
    Lock icon EC ministers meet on environmental issues
    205 16 Reuter BRUSSELS European Community environment ministers began two-day negotiations yesterday on proposals to recycle more waste, phase out ozone-eating gases and combat global warming. The chairman, Belgian Environment Minister Magda de Galan. is fighting to resolve an internal feud over the EC's pledge to
    Reuter  -  205 words
  • Article
    Lock icon Strong rise in American incomes, spending in October
    326 16 Bloomberg Business News. AP, AFP WASHINGTON Americans' personal income in October rose a strong 0.6 per cent and they spent the money freely, primarily on big-ticket goods such as vehicles, the government said yesterday. The increase in personal income. the fourth consecutive
    Bloomberg Business News.; AP,; AFP  -  326 words
  • Article, Illustration
    Lock icon Lots to smile about
    49 16 Reuter LONDON Unemployed tanker driver Bill Byrne and his wife Mary, from Liverpool, celebrating yesterday after winning more than £2 million (554.7 million) in the Littlewoods pools jackpot. Nlar> has been working night shifts for the past 17 years looking after educationally subnormal children. Reuter
    Reuter  -  49 words
  • Article, Illustration
    Well done Vietnam, but please do more of the same
    804 16  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs VIETNAM has been named as the country with the best economic management in Asia in 1992 by Euromonex and Asiamoney magazines. News of
    804 words
  • Article
    Lock icon Bundesbank trims key rate, paying way for Euro cuts
    382 16 Reuter FRANKFURT The German Bundesbank trimmed a key money market interest rate yesterday in a move which allowed some other European nations to reduce credit costs. But the central bank, at its last but one meeting this year, announced it was
    Reuter  -  382 words
  • Article
    Lock icon Whither Akio Morita?
    371 16 AFP, Reuter TOKYO The future of Sony Corp chairman Akio Morita remained up in the air yesterday, two days after undergoing surgery to remove a brain haemorrhage. Mr Morita. 72, who cofounded Sony with the late Masaru Ibuka in 1946, had been a strong candidate to succeed
    AFP,; Reuter  -  371 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Vickers Ballas to have biggest capital base among brokers
      573 17  -  By Abdul Hadhi SINGAPORE Vickers Ballas Holdings expects to become the biggest local stockbroker in terms of capital base if its initial public offer of 102 million shares is successful. Speaking at the launch of the offer yesterday, chairman Peter Fu
      Photo by Arthur Lee  -  573 words
    • Article
      No presentation for stock analysts
      378 17  -  By Joyce Quek SINGAPORE Stockbroker Vickers Ballas, which launched its initial public offer yesterday, is not going to make any presentation to analysts. In a business where brokerages send their analysts to IPOs in order to assess their attractions. Vickers is not seeing any of
      378 words
    • Article, Illustration
      Lock icon Will 'the stock of 1994' Kelanamas fulfill shareholders' dream?
      710 17  -  HOCK LOCK SIEW By Agnes Chen SINGAPORE Some call it "the Anwar Vision Team vehicle", others simply "the stock of 1994". The company is Kelanamas Industries Bhd and the reverent descriptions are fitting, given the way its share price has performed
      Source: Bloomberg  -  710 words
    • Article
      UEL unit bags HK hospital services contract
      301 17  -  By A J Leow SINGAPORE An overseas subsidiary of United Engineers Ltd (UEL) has clinched a HK$65 million (5513.4 million) contract to provide management and maintenance services for a new specialist hospital in Hongkong. The wholly-owned subsidiary, Service Master Hongkong, will also develop
      301 words
    • Article
      Polytek shareholders may have to invest more
      240 17 SINGAPORE Shareholders of Polytek Wearnes Holdings may have to increase their investment in the company to finance some of the assets being injected into it by parent Wearne Brothers Ltd. Alternatively, if the funds were to be raised by the placement or issuance
      240 words
    • Article
      Shangri-La winds up HK subsidiary
      120 17 SINGAPORE Shangri-La Hotel Ltd said yesterday that it had wound up its whollyowned Hongkong subsidiary. Shang Tze (HK) Ltd. following a move by the company to restructure its investments in hotel and property projects in China. Shang Tze was placed into voluntary liquidation on Nov
      120 words
    • Article, Illustration
      Lock icon SUMMARY
      341 17 Source: Bridge Info Performance of STII's Index stocks Dec 2 Last Semst latfex Slock sate Chte factor aio*m Avimo I MO 0050 1.27 2-90 CAC 8 050 0.100 5 54 5 80 CWT 2710 0 030 1 87 1 74 Cercbos 6.550 4.51 FAN 15 800 0)00 10 88
      Source: Bridge Info  -  341 words
    • COMPANIES
      • Article
        Lock icon KL govt dominates share market: survey
        430 18 AFP KUALA LUMPUR The Malaysian government has "unquestionable dominance" in the booming local stock market following the privatisation of state-owned entities. A survey released yesterday showed the two top shareholders on the Kuala Lumpur Stock Exchange (KLSE) were the Minister of Finance Inc. and
        AFP  -  430 words
      • Article, Illustration
        Amcol could reap $50m profit from its first local property project
        295 18  -  By A J Leow SINGAPORE Amcol Holdings could reap as much as $50 million in profit from its first local property project, which will be launched today. The Amtech building, in Sin Ming Industrial Estate, cost about $55 million
        295 words
      • Article
        Lock icon EON takes diversification route with Trafalgar joint venture
        219 18 Bernama KUALA LUMPUR Edaran Otomobil Nasional Bhd's (EON) joint venture with Trafalgar House of the UK will enable the Malaysian car distributor to diversify and broaden its earnings base. This is because the joint venture, Cleveland EON Asia Sdn Bhd, would facilitate
        Bernama  -  219 words
      • COMPANY BRIEFS
        • Article
          Kim Eng shares suspended from today
          33 18 SINGAPORE Broking firm Kim Eng Holdings has asked the Stock Exchange of Singapore to suspend trading of its shares today pending the release of its half-time results.
          33 words
        • Article
          IPC acquires supplier
          88 18 SINGAPORE IPC Corporation announced yesterday that it had acquired Essex Electronics for $503,439 based on the audited tangible assets of the latter as of March 31 this year. The acquisition was financed out of the net proceeds of IPC's recent public flotation, and would not have any
          88 words
        • Article
          Lock icon Palmco sells shares in subsidiary
          81 18 Bernama KUALA LUMPUR Palmco Holdings Bhd announced yesterday that it had sold seven million shares in its quoted subsidiary. Acidchem (Malaysia) Bhd. for M 539.6 million (5524.7 million) cash or M 55.66 per share. It realised an extraordinary gain of M 530.5 million and an
          Bernama  -  81 words
        • Article
          Lock icon Tan & Tan in launderette business
          86 18 Tan Tan in launderette business Bernama KUALA LUMPUR Tan Tan Developments Bhd yesterday marked its entry into the commercial launderette business with the signing of a joint venture agreement with Mechmar Corpn (M) Bhd and Mensa Management Ltd of Hongkong. The joint venture was to set up a MS 15
          Bernama  -  86 words
      • Article
        Lock icon M'sian firms urged to act quickly after signing MOUs
        370 18 MBT KUALA LUMPUR Malaysian firms should follow through quickly after signing any memorandum of understanding (MOU) with Chinese firms to avoid a repeat of the "Mycom incident". "In Malaysia, we treat MOUs as a serious expression of intent. I don't know
        MBT  -  370 words
      • Article
        Lock icon Moccis plans to raise stake in MIT to 70pc
        163 18 MBT KUALA LUMPUR The Malay Officers Cooperative Credit and Investment Society (Moccis) plans to increase its stake in MIT Holdings to 70 per cent from 30 per cent, and may even consider taking up the entire stake of the company should
        MBT  -  163 words
      • Article
        Lock icon KLSE gives assurance innocent parties won't be penalised
        324 18 MBT KUALA LUMPUR The Kuala Lumpur Stock Exchange. when penalising companies for breaching its listing requirements, will first have to determine whether the ofTence is done deliberately by the company or the director. "If it is the director who commits the ofTence,
        MBT  -  324 words
      • Article
        Lock icon Idris expects M$10m gain from equity, property sales
        283 18 MBT KUALA LUMPUR Idris Hydraulic is cxpected to realise an extraordinary gain of MS 10.02 million (556.4 million) from its proposed disposal of equity in four companies, sale of industrial land in Johor Baru and condominium units in Pulau Langkawi. In a
        MBT  -  283 words
      • Article
        UNIT TRUSTS & FUNDS
        488 18 UNIT TRUSTS FUNDS MmacwV prteM Dec 3 1065 1095 United Gr Fund 1 1.50 1.56 Singapore Unit Trust united Asia Fund i->6 i m« The Commerce 1.62 1.70 NTUC Income P* r""— nil ii Income Bond Polic% 4 08 4.22 S pore Prog Fund 0 68 0.7| s pore Sec
        488 words
      • Article, Illustration
        Lock icon Lane Crawford half-year profit rises 120pc to HK$99.2m
        349 19 Bloomberg Business News HONGKONG Department store operator Lane Crawford International, whose 20,438 square metres Singapore store will open in the second quarter of next year, said its net profit rose 120 per cent to HK599.2 million (5520.5 million) for the six months
        Bloomberg Business News  -  349 words
      • COMPANY BRIEFS
        • Article
          Lock icon L A Gear, Inchcape in joint venture
          62 19 UPI LOS ANGELES LA Gear and Inchcape have formed a joint venture for marketing, distribution and sales of L A Gear footwear, apparel and accessories in selected East Asian markets. The joint venture will begin operations in Singapore, Malaysia and Indonesia and subsequently
          UPI  -  62 words
        • Article
          Lock icon China securities law drafted
          63 19 Knight-Ridder HONGKONG A draft law on regulating China's securities markets is expected to be submitted to the country's top legislative panel by mid-1994, the official Xinhua News Agency reported on Wednesday. The China Securities Law, under preparation for more than a year, will propose the establishment
          Knight-Ridder  -  63 words
        • Article
          Lock icon Hopewell spin-off oversubscribed
          73 19 KnightRidder HONGKONG A new share issue by Consolidated Electric Power Asia was oversubscribed by 44.1 times, the company's directors said on Wednesday. The issue of 475 million shares worth HK55.94 billion (551.23 billion) drew in HK536.4 billion from subscribers. Consolidated Electric, a spin-ofT of Hongkong construction firm
          Knight- Ridder  -  73 words
        • Article
          Lock icon IFC invests in Indian venture fund
          82 19 Bloomberg Business News NEW DELHI The International Finance Corporation (IFC), a World Bank affiliate, said it would contribute 20 million rupees (551.02 million) to the 100 million rupee Information Technology Fund, a venture capital fund launched by Credit Capital Venture Fund (India) Ltd. It
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Dow Jones workers sign wage pact
          92 19 Bloomberg Business News NEW YORK Employees of Dow Jones Co, publisher of the Wall Street Journal, have ratified a new three-year labour agreement that ends nearly a year of often rancorous negotiations. The Independent Association of Publishers' Employees voted by a margin of 11
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Tyco Toys expects fourth-quarter loss
          62 19 Bloomberg Business News MT LAUREL, New Jersey Tyco Toys, America's third-largest toy maker, expects to report a loss in the fourth quarter and says that sales for 1993 will fall below last year's US$769 million (551.22 billion). In last year's fourth quarter, Tyco lost US$B.2
          Bloomberg Business News  -  62 words
        • Article
          Lock icon QVC extends offer for Paramount
          89 19 Reuter WEST CHESTER, Pennsylvania QVC Network has extended the expiry date of its tender offer for 51 per cent of the common slock of Paramount Communications to midnight, Dec 9. It said the extension was made in the light of the scheduled Dec 9 argument
          Reuter  -  89 words
      • Article
        Lock icon GE to invest US$300m in China
        164 19 UPI HONGKONG General Electric plans to invest up to US$3OO million (*****.5 million) in China by 1997, an official report said yesterday. The industrial manufacturing giant plans to pour resources into infrastructure, aviation, electric appliance development and plakics, the Beijing-run China Daily reported. President
        UPI  -  164 words
      • Article
        Lock icon Thai trading and telecom firm finalises share offer
        191 19 Bloomberg Business News BANGKOK Terms for the initial public offering of Loxley pic, a diversified trading and telecommications company, have been finalised. The offering of nine million common shares will be priced at 175 baht a share ($10.90), well above the 140-160
        Bloomberg Business News  -  191 words
      • Article
        Lock icon Troubled Shuwa to sell entire Isetan stake for 76b yen
        158 19 Bloomberg Business News TOKYO Financially-trou-bled real estate developer Shuwa said it will sell off its entire stake SB.B million shares in all in major Japanese department store operator Isetan, according to the retailer's president, Kazumasa Koshiba. Shuwa will sell the
        Bloomberg Business News  -  158 words
      • Article
        Lock icon Shaw may sell stake in Television Broadcasts
        193 19 Bloomberg Business News HONGKONG Shaw Brothers (HK) Ltd, a movie producer and distributor, is in preliminary discussions with various third parties on selling a small part of its stake in Television Broadcasts Ltd, the company said yesterday. The group said it will make
        Bloomberg Business News  -  193 words
      • Article
        Lock icon Hongkong's Swire Pacific may apply for credit rating
        430 19 Bloomberg Business News HONGKONG Real estate and aviation conglomerate Swire Pacific Ltd may become one of the first Hongkong companies to have its debt rated a move that would clear the way for its entrance into international capital markets and inspire other
        Bloomberg Business News  -  430 words
      • Article, Illustration
        Lock icon Ferranti calls in receivers as GEC pulls out of rescue bid
        461 20 GEC need not assume debts to 'cherry-pick' Ferranti's assets, say observers FT LONDON Ferranti International, the UK-based defence electronics group and hightechnology leader, went into receivership on Wednesday when the General Electric Company withdrew a lp-a-share rescue offer after
        FT  -  461 words
      • Article
        Lock icon Market researchers compete for clients
        246 20 NYT CHICAGO It is not yet a worldwide battle like CocaCola's long-running rivalry with Pepsi. But the competition to supply giant consumer companies with sales data, which pits the Nielsen Marketing Research division of AC Nielsen against Information Resources, is as ferocious as they come.
        NYT  -  246 words
      • Article
        Lock icon Cable firms join up to compete in telecom services
        246 20 NYT, Bloomberg Business News ANAHEIM, California Leading members of the American cable television industry, voicing fears of being swallowed by the country's telephone companies, have announced a joint venture to enable them to compete directly with the phone companies for a
        NYT,; Bloomberg Business News  -  246 words
      • Article, Illustration
        Lock icon Media industry magnates see different shades of future
        460 20 Bloomberg Business News ANAHEIM, California John Malone says consumers will have 500 cable channels within five years, Ted Turner says "it's over" for newspapers, and Rupert Murdoch says reports of newspapers' death are premature. Leaders of the media industry on Wednesday expressed
        Bloomberg Business News  -  460 words
      • Article
        Lock icon Thomson-CSF experiments with lower pay, shorter work week
        234 20 Bloomberg Business News PARIS When the stateowned aerospace and defence company Thomson-CSF unveiled plans this autumn to eliminate 1,700 jobs, it sent shock-waves through the French government, which is already battling record unemployment and the worst recession in 20 years. Under heavy
        Bloomberg Business News  -  234 words
    • FINANCE & COMMODITIES
      • Article
        Moody's rates E Asia above Latin America and E Europe
        386 21  -  By Paul Leo SINGAPORE Major American ratings agency Moody's has given East Asia a medium-investment-grade A rating, putting it above other emerging market regions such as Latin America and Eastern Europe (Bal and below). But East Asia's rating is below
        386 words
      • Article
        Lock icon Islamic money market will facilitate short-term funding: bank official
        669 21 Bernama KUALA LUMPUR An Islamic money market is both critical and necessary for banks to resort to more instruments for their short-term funding requirements, a Bank Islam Malaysia official said. This is because the magnitude of funds available in a money
        Bernama  -  669 words
      • Article
        Lock icon Romania's Banca Agricola plans share issue
        186 21 Reuter BUCHAREST Banca Agricola SA, one of Romania's biggest banks, plans another issue of shares in the near future, general manager Lucien Groza said on Wednesday. Mr Groza told Reuters terms for the issue were due to be set at an extraordinary general meeting
        Reuter  -  186 words
      • Article
        Lock icon Prudential opens new probe into real estate fraud
        247 21 NYT NEW YORK The Prudential Insurance Company of America has opened a new investigation into an executive's charges that the company defrauded institutional investors in one of its real estate funds. The inquiry, disclosed in a Nov 23 letter to institutional clients
        NYT  -  247 words
      • Article, Illustration
        Actuarists tangle with a web of responsibilities
        321 21  -  7th East Asian Actuarial Conference Reports toy Soh Tiang Keng SINGAPORE The dilemma of insurance actuaries who have to reconcile the interests of different parties was highlighted at the East-Asian Actuarial Conference yesterday. General manager of Aetna Universal Insurance, Vincent Kwo, said the
        321 words
      • Article, Illustration
        Tougher, riskier future for life assurance firms, says insurer
        213 21 SINGAPORE LIFE assurance companies in Asia Pacific nations will face a tougher and riskier business environment in future, a Taiwan insurer said yesterday. James Liu. chief financial officer of Manulife. said competition was getting tougher and profit margins on life products
        213 words
      • Article
        Sindhi-owned group plans to launch Indian private bank
        376 22  -  From Nirmal Ghosh in BOMBAY THE Hinduja group, a Sind-hi-owned conglomerate based in London and Bombay, is promoting a holding company to launch one of India's first private banks. The Indian-registered holding company, Induslnd Enterprises and Finance Ltd (lEFL), is understood to
        376 words
      • Article
        Lock icon Banc One defends US$37b derivatives portfolio
        498 22 Bloomberg Business News NEW YORK Banc One Corp defended its US$37 billion (SSSB billion) portfolio of derivatives on Wednesday amid investor doubts that have contributed to a five-month slide in the company's stock price. Banc One's stock has fallen to 38'/2 from 46 in
        Bloomberg Business News  -  498 words
      • Article
        Lock icon Five Latin American nations to receive US$1b in loans
        164 22 Reuter WASHINGTON The InterAmerican Development Bank announced a series of loans totalling US$l.O2 billion (Ssl.6 billion) for roads, electricity and municipal development in five Latin American countries. A US$34O million credit will support a programme to improve roads in Argentina, targeting
        Reuter  -  164 words
      • SMALL CHANGE
        • Article
          Lock icon Lloyd's expects £2b loss for 1991
          103 22 Bloomberg Business News LONDON The Lloyd's of London insurance market is expected to report a £2 billion (554.7 billion) loss for 1991, much worse than forecasts from Lloyd's authorities eight months ago, the Independent newspaper reported. In a business plan published in April this
          Bloomberg Business News  -  103 words
        • Article, Illustration
          Lock icon Bullish action
          42 22 AFP LONDON A frantic dealer on the floor of the Liffe financial exchange shouts orders as Britain's markets rise to a record high on Wednesday after the announcement of moderate taxes in the government's new budget the day before. AFP
          AFP  -  42 words
        • Article
          Lock icon Stanchart to dismiss 10pc of staff
          66 22 Bloomberg Business News TAIPEI Standard Chartered Bank plans to dismiss 10 per cent of its Taiwan workforce or 20 people, by the end of December in order to lower costs, the Commercial Times reported. Bank officials were not available to comment on the report.
          Bloomberg Business News  -  66 words
      • Article
        Simex turnover hits record
        156 22 SINGAPORE Turnover on the Singapore International Monetary Exchange soared to an all-time high of 1.9 million contracts last month, or a daily average volume of 90,910 contracts. The previous high of 1.4 million contracts was set in March this year. The new monthly record represents a
        156 words
      • Article
        Lock icon Seoul refiners threaten profits of others in Asia
        345 22 Reutei SINGAPORE South Korea's refinery expansion plans will pose a major threat to oil company profits in the Asia Pacific, a global oil analyst said. "The competition and pressure imposed on this region from Korea is going to be much stronger in
        Reutei  -  345 words
      • Article
        Slow growth predicted for US in the Nasty Nineties
        313 22  -  By Shiv Taneja SINGAPORE The developed economies of the United States, Europe and Japan are going to witness slow growth of money and credit, accompanied by reduced private sector indebtedness the first half of the *****, said a senior economist with
        313 words
      • Article
        Lock icon India to make rupee fully convertible in stages
        204 22 Reuter NEW DELHI India will make its rupee fully convertible in stages. Reserve Bank of India (RBI) Governor Chakravarty Rangarajan said yesterday. "We have achieved very nearly full convertibility on current account transactions but some restrictions on invisible transactions remain," Mr Rangarajan
        Reuter  -  204 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        100 22 IT WAS another lacklustre day of trading in the regional currency markets with the US dollar slightly firmer compared to Wednesday's levels. The US currency found it a struggle staying above 1.6000 Singapore dollars and spend most of the day between 1.5990 to 1.6000. Interests
        100 words
      • Article
        Lock icon London
        205 22 Bloomberg Business News LONDON The US dollar ended little changed in Europe yesterday as traders shrugged off a quarter-point cut in the Bundesbank's key monev market rate to 6 per cent and focused on today's release of the November US employment report. The dollar slipped lower shortly after the
        Bloomberg Business News  -  205 words
      • Article
        Lock icon Iraq may accept US$1.6b UN oil sale: report
        217 22 Knight-Ridder NEW YORK Iraq has a new willingness to accept a standing UN offer to sell USSI.6 billion of oil for humanitarian purposes now that it senses UN Security Council members could be more flexible about the terms of the sale, said
        Knight-Ridder  -  217 words
      • Article, Illustration
        Untitled
        1591 22 /raJr-Mr-fffcrtt/ index cukuhlnJ attain*/ S'parr's lap 14 traJing panntn flaw war m.< USS/SS forward rates Noon Dec 2 Si BM Offer 1-month 1.5975 ***** 2-month ***** 1 5985 J-month 1.5%7 1.5982 6-month 1.5952 1.5972 Source: OCBC FOREIGN CURRENCY NOTE RATES At at Itai nDk2: Singapore dollars to oac unit of
        1,591 words
      • Article
        Lock icon New York
        91 22 AFP NEW YORK The dollar slid against most major currencies early yesterday in quiet trading after news of no change in German interest rates and the release of a stronger-than-expected drop in first-time jobless claims. At 9:25 am (1425 GMT), the dollar was at 1.7195 German marks down
        AFP  -  91 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends sharply higher in late buying
        1400 23 SIMEX REPORT Reuter SINGAPORE Simex September Euroyen futures ended sharply higher yesterday in late buying, fuelled by news that the Bank Of Japan (BOJ) was considering cutting its discount rate by 0.5 percentage points this month, dealers said. The key September contract ended
        Reuter  -  1,400 words
      • Article
        KL tin ends three sen firmer
        588 23 COMMODITY REPORTS Tin TIN price closed three sen higher at M 511.73 per kg. due to gains in the London market overnight coupled with light European and local buying, traders said. Sentiment was again aided by a fall in the local premium to LME
        588 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Nigeria to expand LPG facilities
          81 23 LAGOS Nigeria's National Petroleum Corp plans to expand its liquefied petroleum gas facilities to ease domestic shortage of the cooking gas. Oil industry sources said yesterday that under the expansion programme. NNPC will build LPG gas depots in nine out of Nigeria's 30 states. The
          81 words
        • Article
          LCE trading volumes higher
          101 23 LONDON The volume of cocoa futures traded on the London Commodity Exchange in November was 31 per cent up from the same month in 1992. while the volume on the white sugar contract was up 36 per cent, the LCE announced yesterday. The previous record cocoa
          101 words
        • Article
          Coffee group supports retention plan
          96 23 ABIDJAN, West Africa The Inter African Coffee Organisation at a meeting here expressed support for the coffee retention plan and said the group was realising its objective of reaching higher tx>ffee prices. In a final communique, the delegates said the retention plan was not a
          96 words
        • Article
          CIS aluminium output costs up
          68 23 LONDON There has been a "sharp deterioration" in the cost competitiveness of the aluminium industry in the Commonwealth of Independent States, according to a report by Anthony Bird Associates. In mid-1992 Russian costs were about 46 per cent of Western world costs. By mid-1993, that
          68 words
    • Article
      COMMODITY PRICES
      1649 23 Rubber HAS CwweeWy Ex dung* (Marts ciosiag as at Ipm) RSS 1 Caatract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 94 131.50 131 00 132 00 925 2.200 Feb 132.75 132.50 133.00 200 3.275 Mar 134.00 133.75 134.25 600 6.575 Apr/Jun 136.25 135.75
      1,649 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1157 24 +41.9 SOLID gains on offshore bourses fuelled renewed investor buying here yesterday, pushing the Australian share market to a sharply higher close. Brokers said domestic and offshore buyers combined to snap the market out of its recent decline and haul the leading index well above the key 2.000 mark.
        1,157 words
      • Article
        Manila
        566 24 72.13 Philippine share indices shot up more than 60 points as stocks gained across-the-board, spurred by surging foreign markets, brokers said. An analyst for insecurities Inc. said the advance of regional markets helped boost local shares but it was the chance of picking up bargains that largely propelled trading.
        566 words
      • Article
        Taipei
        548 24 110.9 A wave of strong buying just before the close lifted Taiwan stocks 2.5 per cent in hectic trade, extending Wednesday's gain of 2.6 per cent. The index surged 110.90 points to end at its intra-day high of 4.579.24. its highest finish since 4.664.58 on May 13. Turnover rose
        548 words
      • Article
        Seoul
        418 24 -7.58 Stocks closed lower, threatening the psychological 800 level on waves of across-the-board selling with an institutional sell-off of hlue-ehip manufacturings leading the decline, brokers viid. The composite stock index shed 7.58 points to SOI 17. Individual investors continued to sit on the sidelines. Follow-through buving boosted blue-chip manufacturings
        418 words
      • Article
        New Zealand
        287 24 38.77 New Zealand stock prices rose, partly in response to remarks by new Finance Minister Bill Birch that he is sticking to his predecessor's goal to reduce the government budget deficit by holding a tight reign on government spending, said Don Lewthwaite. a broker at C S First
        287 words
      • Article
        Bombay
        44 24 -9.49 Stock prices in kerb deals were hovering around the closing levels as profit-taking which set in towards end of the official session continued, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at 3.283.36. down 9.49 points from the previous close.
        44 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        691 24 Britannia Funds Sterling nh Bid (MTer Mim < ap IX-povil VI M(*> M fcSOO MimJenrt(ol) 1)1X4) l)iw: Mim Mat Income I OftOO I 1100 I SS C ash Income Pluc fund 10-O00 11 1100 PS S Referee Fund 5 :200 5: WO Sterling I quilt luioPfrtiirnuiwf MH2 0 4*))** Far
        691 words
      • Article
        London
        662 24 -9.3 STOCK markets ran out of steam in afternoon trading yesterday after the postBudget buying spree turned to profit-taking. The blue-chip FTSE 100 index closed at 3.223.9 points, down 9.3 points. The narrower hT 30 index closed at 2.446.3 points, up 27.6 points. Volume of trading was high with
        662 words
      • Article
        Paris
        107 24 +6.47 French shares finished a little higher and dealers noted volume shrank back after the Bundesbank's small cut in its intervention rate. They said operators may limit initiatives until they see if France follows the German rate move. The CAC-40 index ended up 6.47, or 0.3 per cent, at
        107 words
      • Article
        Stockholm
        125 24 +0.16pc Swedish shares ended the day unchanged to slightly mixed after a volatile day despite continued buying interest in Volvo. Speculation about Volvo calling off the planned Renault merger did not lift the market. Volvo's B rose 14 crowns to 458. after a high of 468. in trade worth
        125 words
      • Article
        Frankfurt
        196 24 20.66 German stocks slipped in post-bourse trading as traders sold shares to profit from a rally that has seen the DAX index rise 60 points in the past two days, traders said. In post-bourse trading on the computer-based IBIS trading system, the unofficial DAX index of 30 leading German
        196 words
      • Article
        Brussels
        157 24 +6 Belgian shares ended the last day of the forward account firmer, driven up by basket buying and expectations of Belgian rate cuts yesterday. As the market closed, the Belgian central rate was cut to 8.0 per cent from 8.30 per cent, the discount rate to 5.25 per cent
        157 words
      • Article
        Milan
        136 24 -21 Italian stocks ended mixed in directionless trading with Mediobanca SpA surging again and other shares little changed. Traders said there was little news to affect trading and that the market was unaffected by the Bundesbank's decision to cut a key money market rate but leave its official rates
        136 words
      • Article
        Amsterdam
        274 24 +0.33 Dutch shares had a volatile day. driven backwards and forwards by London and offering no weight of investment itself to hold prices steady. A firm undertone was maintained by a strong dollar and a quarter point local rate cut yesterday afternoon. but trading was mainly professional and confined
        274 words
      • Article
        Zurich
        242 24 7.56 Swiss shares rose to end at another record close in brisk trading. Dealers said Wednesday's euphoria based on positive economic data leveled off. but profittaking was easily absorbed. Sentiment remained positive about the data, which showed a sharp fall in November inflation. The SMI ended 12.9 points firmer
        242 words
      • Article
        Johannesburg
        273 24 59 Gold shares finished at their highs after strong gains through the day on the back of gold's overnight bounce, dealers said. The gold index gained 81 points, or 4.4 per cent, to 1.939. the industrial index was up 59 points at 4.962 and the overall index rose 64
        273 words
      • Article
        Toronto
        275 24 +2.42 Stocks were relatively fiat at midday yesterday after falling back from earlier gains in sluggish trading. The rSE 300 composite index was up 2.42 points, or 0.06 per cent, to 4.231.12 at midday. Roughly 27.83 million shares exchanged hands for a total value of C 5323.94 million. On
        275 words
      • Article
        New York
        784 24 -1.4 The IXiw Jones industrial average was down 1.40 points to 3.695.68 at 11 am ESI yesterday. The key baromeicr was ahead 3 points shortly after the market opened. The New York Stock Exchange composite index was ahead 0.15 to 255.42. while Standard Poor's 500-stoek index was up
        784 words
    • Article, Illustration
      Lock icon HONGKONG
      2885 25 Reuter HONGKONG Shares finished slightly lower as sharp early gains were erased after Governor Oiris Patten announced the introduction of a partial bill on his controversial electoral reform package, brokers said. But they said selling after the afternoon announcement was not heavy despite market concerns over China's reaction to
      Reuter; Source: Bridge Info  -  2,885 words
    • Article, Illustration
      CHINA
      463 25 AFTER a weak rebound early yesterday, both Shanghai and Shenzhen markets turned to a dull mood. The Shanghai CLSA B Index closed 2.2 points higher to 934.01 on very thin turnover. The best performer was Refrigerator which advanced 5.4 per cent on light trading. The two bicycles shares were
      463 words
    • Article, Illustration
      Lock icon TOKYO
      2504 25 Reuter TOKYO Stocks closed up on heavy volume, but off early highs yesterday as profit-taking and fears that prices had run up too fast took hold. Investors began to wonder what pump-priming moves, prospects of which have been boosting shares, the government will actually take, brokers said. The Nikkei
      Reuter; Source: Bridge Info  -  2,504 words
    • Article, Illustration
      Lock icon BANGKOK
      1736 25 Reuter BANGKOK Major issues gained strongly on buying by local mutual funds, with the index up another 1.84 per cent in an active trade, brokers said. The SET index jumped 24.69 points to close at 1.366.03 on heavy turnover of 18.31 billion baht. It had climbed 34.59 points to
      Reuter; Source: Bridge Info  -  1,736 words
    • Article, Illustration
      Lock icon JAKARTA
      1114 25 Reuter JAKARTA Share prices closed higher in moderate late trading as local investors bought a range of counters, dealers said. The official index rose 2.15 points to 520.01. "Trading has been fairly active in the second session today but it's mainly been local investors buying," one broker said. Another
      Reuter; Source: Bridge Info  -  1,114 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2638 26 Source: Bridge Info Source: Bridge Info Gr U IW IM Vol Du) Laal Qur D* U* YM Net M Cap High Lot C ■>!■! Sait CMt) tlfcb Um Barrr SHlrr (V P/K W MALAYSIAN STOCKS 20$ 102 MSB 50c 190 cd 175 185 50 0 8 OS 158.3
      Source: Bridge Info  -  2,638 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index hits second record but ends off high
        5500 26 Bernama KUALA LUMPUR Share prices here closed off highs in frenzied trading activity yesterday. Sellers moved in to take profits ahead of the close after prices surged from Wednesday on strong buying spurred by share rallies in key overseas bourses. The Etnas
        Bernama; Source: Bridge Info  -  5,500 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7585 27 MAIN BOARD t Transact ion date: Dec 2 Gr Cr 1943 Ijim Vol Day Last Qaote Dii Di» >M Net M Cap Mifh l,o» Company Sale (*000) Hifh 1xp» Bayer Seller Or P/E $mil INDUSTRIAL AND COMMERCIAL 1380 260 l Aetna 1230 unch 103 1250 1220 1220 1240 12.5 2.1
        7,585 words
      • Article, Illustration
        Lock icon STII hits record on strength of Nikkei, Dow
        1790 28  -  Bv R Sivanithy SINGAPORE Buoyed by the performanee of overseas markets, investors yesterday sent share prices here soaring to record levels. In early trading yesterday, investors drew confidence from the Dow Jones Industrials Average's overnight 13.13point rise to 3.697.08, and the Nikkei
        Source: Bridge Info  -  1,790 words
      • Article, Illustration
        Lim Kah Ngam
        162 28  -  HOT STOCK Bv Paul Leo LIM KAH NGAM traded just atone the downward sloping trendline formed by joining the peaks since its all-time high of 52.26 on Oct 26 With directional indicator MACD about to give a bullish signal, the stock is a low-risk buy. Moreover, the
        162 words
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      Page 17 Advertisements Column 1
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      96 words
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      137 18 11 dam i i f lux/l f r dha/ooi/ I 1 NOW CLARKE QUAY. STntrvctaci*np Wasip %oa, < ftsiyafiore s jU sea/ttod restaurant /></ (At river, toe re a// set to- 1 yj maAe a sfi/asA toitA an eacciti/up variety i A c7Aere's /toe sea/ood Jbrefiare</ loitA tAe inumta6/e cTeocAettr
      137 words
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      Page 18 Advertisements Column 2
      6 18 Dividends table has been held over
      6 words
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      Page 19 Advertisements Column 2
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      264 words
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      127 20 |£v w c».<f <•>>// 0 V 0 Should we run this by °/W lycZT* 7 Vllf** 5 you once j 0 0 more? j: O rvoy ojb CV 3hick Bouillabaisse, Roojied Quail with Polenta. ij aXlem M s\ <* n d the creamy voice of Ij <J \xqj a/umva/ o)L
      127 words
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      Page 20 Advertisements Column 2
      93 20 NEW ISSUE This announcement appears as a matter of record only (*****3 NKKODO CO., LTD. U. 5.580,000,000 2IU per cent. Convertible Bonds Due 1998 ISSUE PRICE 100 PER CENT. Nomura Singapore Limited Daiwa Singapore Limited Jardine Fleming The Development Bank of Singapore Ltd Cresvale Far East Limited Morgan Stanley Asia
      93 words
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      Page 21 Advertisements Column 1
      111 21 This announcement appears as a matter of record only. NEW ISSUE December 1993 Canada CMHC SCHL Helping to Question habitation, house Canadians comptez sur nous Canada Mortgage and Housing Corporation (An agent of Her Majesty in right of Canada) C 51,000,000,000 6 per cent. Canadian Dollar Bonds due 1998 Issue
      111 words
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      Page 21 Advertisements Column 2
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      183 words
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      Page 23 Advertisements Column 1
      155 23 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 a ISLE OF MAN BAHAMAS a JERSEY BELIZE LIBERIA CJ COOK ISLANDS 0 MADEIRA DELAWARE O MAURITIUS a
      155 words
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      Page 23 Advertisements Column 2
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      22 words
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      133 words
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      40 words
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  • Shipping Times
    • Article
      OOCL ties up with PIL on S'pore-Indian sub-continent route
      435 29  -  By Dexter Lee SINGAPORE Hongkongbased Orient Overseas Container Line (OOCL) is switching partners to offer an improved containership service between Singapore and the Indian sub-continent. In a statement from Hongkong yesterday, OOCL said it was forming a new "partnership" with Pacific
      435 words
    • Article
      Lock icon Rates continue to slide for Persian Gulf VLCCs
      337 29 Knight-Ridder LONDON Rates on Wednesday continued to fall for very large crude carriers from the Persian Gulf with the Kuwait Petroleum Corp paying Worldscale 35. KPC fixed the Berge Duke, as a replacement vessel for the Zante, for a Dec 11, 270,000tonne
      Knight-Ridder  -  337 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1117 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 16 1 Ahrenkiel Liner 4 1/2 Alprimo Freight 16 3 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 3 ASCL 5 5 ASXCLShpg 15 2 Avant Shpg
      1,117 words
    • Article
      US ship financing plan opened to foreign buyers
      379 29 NfcW YORK US shipbuilders have won final congressional approval of legislation extending the government's Title XI ship-mortgage guarantee programme to foreign buyers, according to American Shipper magaiine. John Stocker, president of the Shipbuilders Council of America, called the measure the "most significant
      379 words
    • Article, Illustration
      Shipyards in bid for Qatar's LNG tankers
      381 29 NEW YORK Some leaders of the US shipbuilding industry have been saying recently that the future of the business lies in conversion from US Navy work to sophisticated projects in the international merchant shipping sector. That proposition is now undergoing an early test.
      381 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        544 30 Vo 1 We B#rth IrtW Dggtot VwH Wg H» tg> hnk* Papartoa iurong Port Mpno o*b poba 02.12/1600 0312/iaoo Batam Mum 12/01/93 11 aenjafc 03 12/2300 Mi Mary 21WB P07 0212/1830 0312/0700 JavaSaal/B P 93/02 119 Mow* 03.12/1000 Batam Spaatf ****** P01A 0212/2000 0212/2300 12/01/93 11 Hoop*
        544 words
      • Article
        CONTAINER SCHEDULES
        1491 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Rocord BookJnf/Bolonco Rifts Ship Voy No Etb/Btr Ported From To From Ac. Rdm 047* 04/1500 2 02/1700 03/0859 03/0900 3 03/0700 03/1159 03/1400 4 03/1200 03/1459 03/1700 AU Bhwr 113N 04/2300 1
        1,491 words
    • Article
      THE SHIPPING GUIDE
      11367 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,367 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      595 45 Carbon Cation November 25 Denstj Water Resdue Ash Mumun Sedment Density Niter Rente Mi Akmnun Sednent I MM MM Exxon Enon KG/M*3 tV/Vt M/M M/M PPM method KG/M*3 V/V 1 MM 1 M/M PPM method BO/Cimac linto Spec E25 991 1 0 15 0 0.10 30*
      595 words
    • Article
      DAILY FREIGHTS
      311 45 THE Baltic Freight Index continued to fall, shedding another four point* to 1.249. Only two of the BFI component rates posted small gains, both for key grain routes, possibly indicating losses at least in this sector have bo* tomcd out for now. The BFI sub-indices for the U$
      311 words
    • Article, Illustration
      Lock icon High-speed race for survival
      837 46  -  Fast ferries are battling against conventional ferries and other modes of transport for a share of the market, reports Doug Woodyard Doug Woodyard Seatrade Review New designs of large high-speed catamarans (including wave-piercing, SWATH, fast displacement and air cushion types) and advanced monohulls continue to emerge
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        Lock icon More air express companies may seek tie-ups: study
        405 48  -  By Juliette Walker SINGAPORE Air express majors are steering towards a future in logistics, and more players may favour partnerships as their costs escalate, a recent industry study has concluded. Recent partnerships and consolidation initiatives among air express providers suggest that overcapacity
        Source: Cranlleid Centre for Logistics and Transportation  -  405 words
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        Lock icon Airlines to pay higher LA landing fees
        427 48 AP WASHINGTON Airlines grudgingly agreed on Wednesday to pay millions of dollars in additional fees for landing in Los Angeles in a deal that averts the threatened closing this weekend of one of America's busiest airports. The Ginton administration which helped negotiate the
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        Lock icon United's flight attendants to rejoin talks
        216 48 NYT NEW YORK The flight attendants union of United Airlines said on Wednesday that it wanted to rejoin the effort by the pilots and machinists unions to gain majority control of the carrier. The flight attendants left the buyout talks in late September after
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        Lock icon More shareholders oppose Volvo plans for Renault merger
        371 48 FT PARIS Volvo's ambitious plans to merge with France's Renault were under renewed threat on Wednesday after the Swedish group's third-largest shareholder joined a growing chorus of opposition to the deal. The call by Skandinaviska Enskilda Banken Funds, which controls 5.7 per
        FT  -  371 words
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          Lock icon European traffic growth fell in Oct
          87 48 Reuter BRUSSELS European airline traffic growth fell in October compared with recent months, the Association of European Airlines (AEA) said on Wednesday. October results for the 24-mem-ber AEA showed passenger traffic growing 6.7 per cent, against average growth of more than 8 per cent
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          Lock icon McDonnell gets US$379m contract
          81 48 Bloomberg Business News WASHINGTON McDonnell Douglas Corp received a US$379 million (*****.3 million) Air Force contract involving F-15 fighter jets destined for Saudi Arabia, the Defence Department said on Wednesday. The money will be used to buy spare parts, components and material to support production of
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          Lock icon Camper version of VW Eurovan
          76 48 Bloomberg Business News AUBURN HILLS, Michigan Volkswagen United States Inc and Winnebago Industries Inc will build a camper version of the Volkswagen Euro Van for sale in the US next summer. VW on Wednesday said it will import an extended wheelbase version of its Euro
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          Lock icon Ford may built Mondeo in Mexico
          96 48 Reuter DETROIT Ford Motor Co chairman Alexander Trotman said the car maker may build its new Mondeo World Car in Mexico to take advantage of higher anticipated demand there. During a media briefing here on Wednesday, Mr Trotman said Ford is likely to add
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        Lock icon Snow-stopper
        44 48 Reuter BRUSSELS Traffic in the Brussels inner city came to a standstill on Tuesday when icy rain followed by heavy snow made driving hazardous. Belgium's national airport was closed and there were big traffic jams on most roads leading from the capital. Reuter
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1718 48 C* FlgM ETA ngM ETD I 1 GA970 2240 GA928 2355 GA976 2359 AMiidt QF81 1930 Qf82 2050 Qf81 1935 SQ227 2230 Annttrdin SQ25 0635 KL838 2335 KL843 0745 SQ26 2355 KL837 1540 GA976 2359 Mfcw SQ348 2250 Auckland NZ35 1645 SQ285 2045 BA12 2200 SQ285
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      32 29 m MAC-NELS HONG owiy KONG SAILINGS SINGAPORE:(O2)-*****22 NFW WAREHOUSE PSA Keppel Distripark Blk 519 #01-111 High-speed race for survival, Page 18 More tie-ups in air express industry in the offing, Back Page
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      21 29 Lines and services represented by Mewbers of fte Registry el Accredited kggXt assay*" For advertising enquiries, contact Shipping Tmes Tel 740-2089/740-2090
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      38 29 the jg FAMOUS CIUROPi KZsOMI 224 1833 For more information please refer to P|. 15 \fw 7 l' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE Business Times WE KNOW ASIA
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      362 30 TBKLJNE AGENCIES (S) PTE. LTD. i MT.SJK. LINE CjKiir7 Th;RS 23J2O/tsksin. qrogg TOKYO SENPAKU KAISHA, LTD. :R No: **********0N I mane mm oia oi.n *03.12 0111 07.12 1112 u.» liu 1111 nit ii.» CM.I SATUW tl gilt 1112 I MX Mg 0478 **00.1t "0112 07.1t U.lt lilt lUt tl.lt tl.lt
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      1288 30 —u—an. H?!I!3BBSHHBB!HBHH^BBIS§HSBffiSS CMP* MT V* I ii ,Mil nl2 ?ii7 o*t Mij mi? »i 2 mi nil u oaom* «i«a Ivtssail m|»u I itn 2111 I 2(12 I mi; >112 I 11 I 21 I ?712 Iml2 I CAIIFOWM *m* H IS-1112 II OWt II 71 4 1 4 1
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      2231 31 ?E C ?y 3 *L" E F«°^" T E SM P,N<! CENCIES *****.2 I DOCUMENTATION TEL: *****55 (INWARO)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: 626M1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 IPOH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL *****21/ *****79 p GUDANG TEL: *****2/3 FAX: *****4 (OPNS)
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      1813 31 ■□IiV.HiHH'L'H U. S. A. /CANADA NEXT AVAILABLE SAILINGS ALVA MAERSK V.9316 ETA SIN 6TH DECEMBER 1993 MAREN MAERSK V.9402 ETA SIN 7TH DECEMBER 1993 ANNA MAERSK V.9318 ETA SIN 9TH DECEMBER 1993 veuw Voy ETA ETO F«Mt> Dy DESTINATIONS Th« m* maren maersk v»to2 CY 07/12 0000 MRS CFS 08/12
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      1636 32 AOABA RDAM/I [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA ESSEN EXPRESS 03/347 4/12 13/12 19/12 22/12 25/12 28/12 31/12 Por( Ke4ang Penang ELBE 19/148 8/12 27/12 30/12 28/12 Pasir Godarig HANNOVER EXPRESS 17/348 11/12 20/12 27/12 29/12 2/1
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      599 32 pEzn^M FCL Breakbulk Service to: AFGHANISTAN MAM 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 t Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ITA SIN CGM KORRIGAN
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      1161 32 NORASIA I NORASIA SUSAN 9347-3 09/12 29/12 01/01 02/01 02/01 03/01 04/01 05/01 06/01 07/01 I NORASIA SMGA 9348-3 16/12 05/01 08/01 09/01 09/01 10/01 11/01 12/01 13/01 14/01 L I NORASIA SHARJAH 9349-3 23/12 12/01 15/01 16/01 16/01 17/01 18/01 19/01 20/01 21/01 L NORASIA MUBARAK 9350 3 29/12
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      2022 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE jaWßp (a service of china navigation co) C*«GO S DUE SAIS STRAITS PUCE ¥24£ KK. Skan. Taw In n 03 Dm FCL. LCL CONTAINER AND BAEAKSULK SERVICE TO
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      2591 33 ltoX A SINGAPORE AGENT: PnntaiflAl*C P&0 Container# (Singapore Agencies) Pte Ltd \lk M a. jL.\. W jllll Ltf. I 1 M S 1 0 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 r\ w Tel 22g 2233 Te)<jx Rg 345g4 pNOCSp Fax 225 5327/222 7517 fT CR Number: **********0Z EXPORT
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      549 34 EKA JAYA AGENCIES VliT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAR TRADE PAGER NANOPHONE/PWECT wm.iA¥ WEE i'wa ram*/www MAWOJ HQ CHI WINH CITY HtHWY WE MMM mmviunM KELVIN CHAW rwa fiftm/fUSK TO MYANMAR/YANGON SEMI CONTAINER SERVICE M OCEANHNES WL ¥0Y I TMGM SPORf IBN 21/12 27/1?
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      Page 34 Advertisements Column 2
      1720 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FM VSL SIN lIK HAUL SEA TV* POX FW Wl 9N IIIC NAM. SA¥ 1M NYC HANIN ELIZABETH 0101 3/12 MKCT 23/12 24/12 25/12 HAIUN ELIZABETH 010 C 312 H. HWTMK 0521 J/1 7/1 J/1 KAN
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      1515 34 i -I -To-I rpTTTT|^ Im Sff UC MIC UC fUS MI OS* NET SAU no IU CHS Ml NTC UN ANN RON TTT WC PSD CAB PU SGP I (CIOtTHOM 7/12 tl2 11/17 15 12 17/12 If/12 21 12 23/12 24/1? 21/12 25 1? 7/1 It/I 21/1 22/1 1/2 2/2
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      2483 35 SCX: 'CALIFORNIA SATURN 61E' ETA SGP 08/12/93 II II ARRIVING LOS ANGELES 25/12/93 IN 16 DAYS II SSS II AEX: NEPTUNE PEARL 12E'ETA SGP 08/12/93 ■I II II ARRIVING NEW YORK 31/12/93 IN 22 DAYS II S HI *m Connecting Neptune Cyprlne 09C In MKS M/OVM H *R2 Connecting CeUtornia
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      Page 35 Advertisements Column 2
      1167 35 0 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 %T»» BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 Wl\\W f| AGENTS: KL: 03-*****75/697 PKLG: *****43/ *****40 V
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      1721 36 KU V ft AS AGENTS "R" LINE (SIN6APORE) PTE LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I 1 Tml Ml 1 MALAYSIA K" LINE MAR (TIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUT
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      1058 36 PHIII-ORICNT LINGS PT( LTD 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 W AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 4 DEC SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 11 DEC AUCKLAND, WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 6 DEC
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      1023 37 r PACIFIC INTERNATIONAL LINES (PTE) LTD gSgjSSSSI4O Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO *****670QQCE VESSEL VOY SIN BKK SIN VESSEL VOY iIN JKT iIN SINO MARINE 24N 4/1J 7/12 11/12 MAJAPAHIT 3561 5/12 8/12 12/12 5 24H 4/12 7/12 11/12 BUNGA TERATAI 3593 7/12 10/12 14/12
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      Page 37 Advertisements Column 2
      1522 37 I vessels vot spore Hamburg roueroam antmrp ihiws it harve ■D mounts 913 IN 03/1? 20/12 2«/12 29/12 30/12 01 01 HANSA CARRttA 7331W 07/1? 31/1? 02/01 03/01 04 01 Ot/Ol Vl.Lt Dt SUMS 9131W 14/1? 01/01 10/01 11/01 17/01 14/01 t€LLAS MACEDONU 9431W 1101 70/01 21/01 22/01 24 01
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      Page 37 Advertisements Column 3
      421 37 BSA x Wok MYANMA pfeHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIj Pen P Gd| PATHEIN VI26W 04/06 Dec PAGAN V2O3W 08/12 Oet MERGUI VI2IW 14/18 Dec HPA AN VI9BW 23/26 Dec MALAYSIA AGENTS BOUSTEAD SWPPWG AGENCES KU Til 03 *****00 PHI T€l 03-*****67
      421 words
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      2997 40 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Gvan Guan Shipping Sdn Bhd Cheng Chiao Shipping Sdn Bhd P.T. Global Petri Indonesia Maritime Costar Shipping Pte Ltd SAWMf freight Booking Centre Sdn Bhd 58 Persiaran Raja Kindt Mint Lot 3.34, 3rd Floor, It. IK. N. Luanda
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      644 41 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 6/12 ROTTERDAM 6/12 AARHUS/COPENHAGEN 6/12 HAMBURG/BREMEN 6/12 MARSEILLE/FRANCE 7/12 FELIXSTOWE/UK 6/12 BARCELONA/SPAIN 9/12 LEHAVRE/FRANCE 6/12 GENOA/ITALY 4/12 ANTWERP/BELGIUM 6/12 LOS ANGELES/WC/IPI 5/12 SYDNEY/MELBOURNE 4/12 NEW YORK/EC 10/12 FREMANTLE/ADELAIDE 5/12 VANCOUVER 6/12 BRISBANE
      644 words
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      Page 41 Advertisements Column 2
      1100 41 |^^H^HH^H|^^»* ll «7W«^ l^V > r ""H ""tf v <tf .AVf*t.TVl fly^^PAfttSu^^B 1 VESSEL 5 J* I 1 VESSEL VOY SIN 1 CHAIYA BHUM 20S Fn ln_Pt_ _Tua 7/12_ H D€JA BHUM 2193 Fn In PI Sun 5/12 VESSEL SN BKK BHATRA BHUM 06S tal 4MJ. J**. _|/12_ 10* 5T
      1,100 words
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      Page 41 Advertisements Column 3
      626 41 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 m IMHMBH^M m RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Lines) \=L FAX: *****15/*****03 |f4l] TELEX: RS ***** RISHIP (3
      626 words
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      2018 42 ■L4BMN CONTAINER LINES I ~K~/\"| A 0 MAC-NELS SPORE: *****22 (24 LINES) I—' c/n No: IMK79OOOOE 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 I HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
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      Page 42 Advertisements Column 2
      1033 42 f IT THONG SOON LINES PTE LTD 1 I AV\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \y \y TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOT SPORE OEST VESSEL VOT S'POfE [PEST EQUATOR JADE 97/3E
      1,033 words
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      798 43 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BKAKBUM SOC CAHGOCS 10/FHOM KOK. YOKOHAMA. NAGOTA. HOI. TOKYO*, MAN*.A* DAVAO*. Penant* P. Kelant Singapore E'Msia* KAMALEVERETT VISE In Pt/04 Dec 05/06 Dec SHAPEAEVERETT VISE 20/21 Dec 22/23 Dec IVYEVERETT V7E 16/17 Jan ACCEPTWG MEAKBU.K FCI SOC CARGOES TO FROM CMTTAGONG. CALCUTTA AND
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      338 43 181 SLOBY NAVIGATION CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO TIMBER TRADER 17/12 19/12 26/12 TIMBER GLORY 4/12 15/12 SP PKL HCM HK KAO GLORY SELATAN VII 10/12 12/12 19/12 ♦ALSO LOADING IN SINGAPORE
      338 words
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      Page 43 Advertisements Column 3
      587 43 jtffejL PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vtssti ~wT" im Karachi jjjjjMjl 143 HW 12/12 22/1? BOIAN 136 HW 2S/12 04/01 HYPtRABAD 125 HW 11/01 20/01 SAKGOOHA 138 HW 23/01 01/02 FAR EAST CONTAINER SERVICE ONLY vtssti not mG 'bsh "psT" 5 Toil SARGOOHA 137 OW 21/12 2S/12
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      Page 43 Advertisements Column 4
      547 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P. ELIZABETH FUVU SHAN/SO 04/12 20/12 23/12 HUAQINGHE V4B/49 19/12 05/01 08/01 FEN HE/33 04/01 20/01 23/01 ACCEPTS CARGO TO lOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO LCL CONSOL SIN TO DURBAN/ P, ELIZABETH SIN TO MADRAS
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      Page 43 Advertisements Column 5
      266 43 SIN FAR EAST 07/12 KEELUNG/KAOHSIUNG 05/12 BANGKOK 05/12 MANILA/CEBU 05/12 JAKARTA/BELAWAN/SURABAYA 05/12 PORT KELANG/PENANG/E. MALAYSIA 05/12 BUSAN 05/12 TOKYO/YOKO/KOBE/NGO/OSA 05/12 HONG KONG SfN CHINA (<fß*±*«n) 05/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN /SHANTOU /SHEKOU DALIAN/SHANGHAI/XINGANG TIAN JIN /QINGDAO/ HAIKOU also accepting LGL cargo SHI EUROPE/UK 06/12 LDN/FLX/LVP/SOU 06/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to
      266 words
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      861 44 HONGKONG/CHINA 8/12 JAKARTA 12/12 BANGKOK 8/12 MANILA 12/12 BUSAN 8/12 KEELUN6 12/12 TOKYO/KOBE 13/12 KAOSHIUN6 7/12 POBT KELAN6/PENANG 13/12 YOKOHAMA 12/12 COLOMBO 9/12 FELIXSTOWE/HAMBUAG 12/12 CHITTA6ONG/MADRAS 9/12 ROTTERDAM/LE HARVE/ANTWERP 12/12 BOMBAY/KARACHI 6/12 BARCELONA. MARSEILLES. GENOA 12/12 LAX/NYC 12/12 SYDNEY/MELBOURNE 5/12 CMT LINER EXPRESS AGENCIES PTE LTD ffrjgjUlH HOT-LINE 22-007-22 For
      861 words
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      Page 44 Advertisements Column 2
      327 44 Contemn W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 14TH DECEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 10 DEC PORT KELANG 09 DEC JAKARTA 05 DEC BANGKOK 11 DEC HONGKONG 05 DEC FREMANTLE 16 DEC MELBOURNE 09 DEC SYDNEY 09 DEC I GOTHENBURG 11 DEC 'ACCEPTING TO ALL SCANDINAVIA PORTS
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      Page 44 Advertisements Column 3
      583 44 Next Week's Sailings Singapore I t FFfi FIRST FORWARDER IN To: LTD To: ETD asia aw arded Singapore Singapore isc> 9002 BY lrqa EVERY EVERY Bangkok SUN Jakarta SUN GtDj EVERY EVERY /^§^\(TM Manila SUN Ho Chi Minh FRI :m\ mmm EVERY EVERY J—— Colombo TUE Limassol THUR I l|
      583 words
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      1240 45 I 0 CRYSTAL FREIGHT SERVICES PTE LTD I LgQIML— TEL N0: *****88/*****88 uumpqm I nwMbl mmi RANOKOK S/-I9 AUCKLAND 5/12 ANTWERP 6/12 BIJSAN 4/12 ADELAIDE 9/12 FELIXSTOWE 4/12 HONGKONR 4/1? BRISBANE 5/12 HAMBURG 6/12 lAKARTA A/19 FREMANTLE 9/12 ROTTERDAM 6/12 Wr*l\»*n I r* w I m -Ma m |mk b
      1,240 words
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      Page 45 Advertisements Column 2
      200 45 37 GINZA ORIENT SHIPPING CO, S.A. (GOSCO LINE) VESSEL VOY SIM YANGON GINZA ORIENT 04/N 5-7 DEC 10-12 DEC 0. STAR 08/N 7 9 DEC 12-14 DEC FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DEEPSEA SERVICE VESSEL VOV SIN ANTWERP TBN 01/N 10/1S DEC 5 10 JAN MGA/ST PfTOtSBRS (LEMN6MD)
      200 words
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      Page 45 Advertisements Column 3
      252 45 I ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND PORTS VOV BUCNOS MONTEVPCO PURBAN~I JAKARTA SINGAPORE WONO KONfll KAOOSIMHA YOKOHAMA VESSELS AMIES'" 2!! DEKABWtST EBO3 SAAEP SAILED SAAEP SAILED 2S/11 29/11-04/12 10/12 PRIOZERSK EBO4 SAILED SAIEO 28/11 10/12 16/12 19 25/12 30/12 PAVLOORAO EUOS 23Q3/12 SAKEP 17 18/12 11/12-01/01 03 04/01 09/01 13
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      133 45 LEGEND 17 Temperoture o r A, V Thunders,orm Weather Wind Section with speed m knot* 7 Shower Rom Wove height 9 Cloudy Sky Surface winds are indicated by arrows which Hy with the wind One full circle represents calm or bght and variable winds 1 One hotf Heche represents 5
      133 words
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      Page 45 Miscellaneous Column 2
      173 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.1 2.4 2.5 2.5 2.1 1.7 1.4 U 1.2 1.4 1.1 2.4 3.0 32 3.1 2.8 22 1.6 1.1
      173 words
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      718 46 X VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 32M8 03/12/93 11 1? 93 VIGOUR PACIFIC 32ANB 06/12/93 11/ 12 93 LOADING EVERY VIGOUR SINGAPORE 68NB 10 12 93 18/12/93 FM)AY AND MONDAV VIGOUR SINGAPORE 68AN8 13/12/93 18/12/93 POfrr KLANG/penang FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG
      718 words
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      Page 46 Advertisements Column 2
      360 46 ©APPENSHIP fS) HAMBURG [7\J CONVENTIONAL A INDEPENDENT LINER SERVICE S EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING POUTS DISCHARGE/LOADING FOR SEAKITTLE HAMBURG 01.11.93 SPORE 06/12 BKK 11/12 VASILIY KOVAL PORT SAIO 19 11 93 SPORE 13/12 BKK 18/12 FORUM AKASAKA ANTWERP 05.11 93 SPORE 14/12 KOALA CONTAINER
      360 words
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      Page 46 Advertisements Column 3
      397 46 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 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 above mentioned services
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      962 47 I ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 I; VESSELS VOY PSA I PRE I PfiO j VESSELS VOY ISW I HTM ANT* LEH' HAM BREj FEL HMM ADVANCE 32A 01/12 02/12 03/12 H. PKMEER 306W 0«/12 29/12 30/12 01/01 25/12 25/12 21/12 NOR ASIA MALACCA
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      Page 47 Advertisements Column 2
      436 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL W1 V H AN AR (KMC TIAOEI <2 25 12 17/12 cosbc nauA u </i 2 1/12 TIAIS AITO I) l/U 11/U SMAI 2< 12/12 14/12 lAAI M.LAN 22 11/12 MAKE MM «t 1/12 11/12 SEAL AH 71
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      865 47 JEDDAH/UK/CONTINENrT ISTORE la S'TON IfBURG IDAM LEX Aim Acc«rtn» C*|« fw ESSEN EXKSS 03/347 4/12 13/12 22/12 2*/12 20/12 30/12 Swthnnpta :toM UK tatmtnv Brfnt and Dubto ORE 10/141 0/12 27/12 30/12 2/1 lottrtorr :to M Antawp Amttrtan. o*. HMrtu HANOVER EXPRESS 17/341 11/12 20/12 20/12 2/1 4/1 </l Southampton
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      180 48 INVESTMENT Tomorrow in Business Times mum M.V. "TWINKLE ACE" V0Y.52 Arrived 28th November 1993 Comipees of all damaged cargoa ex the captioned veuel are hereby notified dm a genenl survey will be held oo the 6th December 1993 0900-1200 hours at PTIO. No further survey will be entertained thereafter. As
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      Page 48 Advertisements Column 2
      5 48 INVESTMENT Tomorrow in Business Times
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