The Business Times, 8 December 1993

Total Pages: 52
1 52 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Wednesday December 8 1993 75«
    13 words
  • 2am LATEST
    • 50 1 Reuter NEW YORK US blue chips retained modest gains in afternoon activity yesterday, but the overall market had a mixed tone as investors found few reasons to buy. The Dow Jones index of 30 leading industrials was ahead 7.27 points at 3,717.48 at Ipm EST.
      Reuter  -  50 words
    • 66 1 AP NEW DELHI India yesterday postponed a summit of 15 developing nations after 10 member countries said they were unable to attend the meeting here next week. The poor attendance would have undermined the significance of the Group of 15 summit because the organisation's rules required
      AP  -  66 words
    • 54 1 AP SAN ANTONIO Southwestern Bell Corp and Cox Cable Communications said yesterday that they would form a US$4.9 billion (SS7.B billon) partnership to double Cox's existing cable network. The venture is the third major alliance between a local US telephone company and a
      AP  -  54 words
  • 122 1 Stock market indices Friday hangtSTII 2.16V54 +16 KLSE C omposite 1.063.25 f 22.14 Nikkei 16.903.49 61 11 Hang Seng 9.736.57 +126.88 SET Index 1442 56 65 15 Jakarta Composite .523.41. -O.I3 CLSA China B 1.317 42 +1189 Aust All Or J 2 073 9 t 20.2 FTSE 100
    122 words
  • 677 1 AFP, Reuter, AP GENEVA Gatt directorgeneral Peter Sutherland summoned the chicf trade negotiators of the European Community and United States to Geneva yesterday to break the impasse in world trade liberalisation talks after the US and the EC failed to
    AFP,; Reuter,; AP; Reuter  -  677 words
  • 333 1 Reuter HONGKONG The colony's Securities and Futures Commission has cleared American investment bank Morgan Stanley of wrongdoing after it sent local stock prices soaring, then plunging, with conflicting recommendations on China. Commission spokesman Welsey McDade said yesterday that the conclusion followed an investigation
    Reuter  -  333 words
  • 278 1 Bernama KUALA LUMPUR Malaysia registered an 8.1 per cent growth in its real gross domestic product in the third quarter of 1993, Deputy Prime Minister Anwar Ibrahim said yesterday. "Growth in manufacturing and construction continues to be strong, while we arc achieving our
    Bernama  -  278 words
  • 209 1 Reuter MANILA Philippine President Fidel Ramos said yesterday he was willing to send any corrupt official to the gas chamber as a warning to others not to steal public money. The Congress was scheduled to pass the Bill yesterday but voting was postponed
    Reuter  -  209 words
  • 320 1  -  By R Sivanithy SINGAPORE Regional bulls yesterday showed little signs of drawing breath, sending all five major stock markets soaring to all-time highs. In Singapore, the Straits Times Industrials Index ended a buoyant day of trading with a 16-point rise to a record of
    320 words
  • 508 1  -  By Genevieve Cua SINGAPORE Companies which own more than 3 per cent of Singapore Press Holdings may now divest all their excess shares on the stock market. The government said yesterday that companies affected by the 3 per cent
    508 words
  • Page 1 Advertisements
    • 168 1 &^f^^^4atri^rintersß 1 CONTENTS News Companies Spore News 2 S'pofe-Wsia 21,23,24 Regional News 3,4,5 Financial 26,27 World News 6,7 Feat ares Markets Analysis 19 Oob/WSE, SfS 3032 F Atonal 18 Regional 28 Sports 15 World 29 TV/Lrtestyie 13 Currencies 2( World Focus 9 Stmej/Contmo 26,27 Subscription Tel 1800 *****77 Fai *****75
      168 words
    • 19 1 Regional Analysis: rg 16 Asean goes big on telecoms Speculators ram up price of Berjaya Textile shares, Page 21
      19 words
    • 27 1 ig-A Hock Lock Siew: pg 21 yp\ What price Orchard Hotelf- l okyo hints at rice compromise. Back Page Think-tank expects weaker growth in 1994, Page 3
      27 words
    • 48 1 7355 JZJ The B(mom Line: Pg 20 Inaoh/telecoms market's buzzing Hfe *■*?£m JHLJM' For a healthy back For more information coB Dauphin al *****00 Dauphin (SEA) lid 52 Gen ting Lane, Hiang IG« Complex 1 Singapore 1334 Subsidiary el lurositzmobelfabrik ,/N Friedrwh-W. Dauphin GmbH A Co. 77 DQUpHIN
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    • 13 1 Our business HOTLINES 734 6878 CS" 73 1 6128 Fuller reports, Pages 28-32
      13 words

  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 348 2  -  By Corinne Kerk CREDIT card spending by Singaporeans seems to have picked up strongly in the third quarter, going by the latest Visa figures. After two quarters of 15 per cent growth, total billings of Visa's Singapore cardholders grew 31 per cent, year-on-year. to
        Source: VISA International  -  348 words
    • 168 2 THE Singapore Labour Foundation (SLF) chalked up a surplus of $18.3 million for the year ended March 1993. down 16 per cent over the previous financial year. The main source of revenue was a $10.65 million contribution of surpluses from cooperatives. according to the latest SLF
      168 words
    • 218 2 COMPLANT International, an enterprise under the Chinese central government, is confident of achieving annual turnover of $3 billion to S5 billion through its Singapore office which opens today. The office Beijing-based Complant's 25th overseas will mainly trade in machinery, machinery spare parts and commodities.
      218 words
    • 428 2 Grouping should expedite time-table for Afta to deepen integration: BG Yeo ASEAN should broaden its membership and deepen its integration through the Asean Free Trade Area (Afta), said Singapore Minister for Information and the Arts and Second Minister for Foreign Affairs George Yeo. Speaking
      428 words
    • 478 2  -  Another $240 million earmarked for building projects By Abdul Hadhi JURONG Town Corporation has set aside 5320 million to buy land, including 35 ha at Tuas, three hectares at Changi South and 12.7 ha at Woodlands. In its latest annual report,
      478 words
    • 186 2 UNITED STATES-BASED fire protection equipment maker Tyco International Ltd has set up its Asian headquarters in Singapore. The new office. Tyco International (Asia) Ltd. will oversee plans to establish manufacturing facilities in the region. It will also expand Tyco's distribution network
      186 words
    • 278 2 ASIA will be a major growth area for lubricants, says Castrol's new chief executive Tim Stevenson. Regional demand grew 15 per cent this year compared with a worldwide shrinkage of 0.5 to one per cent, he said. And this 15 per
      278 words
    • 186 2 ANOTHER Singapore marine company has obtained ISO 9001 quality certification. Sembawang Shipyard's rigbuilding arm, Sembawang Bethlehem, said in a statement yesterday that it has attained the status. Other companies in the group which also have ISO certification are Sembawang Engineering and Sembawang Automation. The first
      186 words
  • Page 2 Advertisements
    • 263 2 Golf Sunrise Company (Pte) Ltd. Singapore Malaysia Indonesia Hong Koog India Year-End Riddles Now Solved At The enter! Push Of This Button Q The IRBA Form. For some individuals, it can be a With Easy IRBA, all you'll have to do is key in Creative Software: Your guarantee of quality
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    • 125 2 IP M i H 1 After Youve Eaten t One Of Chef I j Dominique Le Stancs I Creations, Everything Else Seems Like j Bread And Water. Dominique Lc Stanc. Chef dc Cuisine of Restaurant Chantecler at the Hotel Negresco in Nice, is the youngest chef in Francc to f
      125 words

  • THE REGION
    • 510 3  -  From Maggie Ford in JAKARTA THE Indonesian government yesterday refused demands from employers for a delay in the increase of the minimum wage in West Java although last week scheduled wage rises for Batam and Bintan workers were postponed with the government's
      510 words
    • 401 3 The Straits Times JAKARTA Research and Technology Minister BJ Habibie, fresh from securing a car engine manufacturing agreement with Britain's Rover Group, wants the Indonesian car industry to now join him in a consortium to develop a national car project. He told the
      The Straits Times  -  401 words
    • 388 3 AFP SURABAYA A daughter of late president Sukarno yesterday elaimed the de faeto chairmanship of the Indonesian Party of Democracy (PDI) after the party's congress ended with no official decision. "De facto I am already the chairman, but de jure it
      AFP  -  388 words
    • 229 3 Reuter HANOI In an unusual step for Vietnam's fledgling market economy, nine state and private companies have banded together to bid as a group for construction contracts. The Thang Long (Flying Dragon) Investment Construction Group cuts across sectors and gives
      Reuter  -  229 words
    • 404 3 Reuter KUALA LUMPUR Malaysia's economy will expand by a smaller-than-expected 8.2 per cent in 1994 and 8.0 per cent in 1995 against 8.3 per cent in 1993 due to a slower inflow of foreign investment and other constraints, a Malaysian
      Reuter  -  404 words
    • 553 3 Reuter. AFP KUALA LUMPUR Malaysian Foreign Minister Abdullah Ahmad Badawi yesterday warned Australia of far-reach-ing effects as a bitter row between the two countries showed no sign of letting up. Mr Abdullah has drawn up a retaliatory action
      Reuter.; AFP  -  553 words
    • 372 4 Taipei to propose setting up a free-trade area AFP TAIPEI Businessmen from Taiwan and Japan plan to jointly explore investment opportunities in China and South-east Asia, business leaders say. "We should strengthen cooperation in Asia to help economic development in the Pacific-Asia
      AFP  -  372 words
    • 318 4 Reuter LONDON Britain and China held talks on Hongkong yesterday for the first time since the colony's governor decided to press ahead with democratic reforms. The Joint Liaison Group, set up to smooth Hongkong's return to China in 1997, opened a three-day
      Reuter  -  318 words
    • 156 4 Reuter SEOUL Farmers and students battled with riot poliee in Seoul as thousands of people protested against possible moves by the government to lift South Korea's ban on riee imports. Some protesters attacked police lines with sticks and iron bars while shouting slo-
      Reuter; AFP  -  156 words
    • 266 4 Reuter TAIPEI Taiwan plans to liberalise four major service industries to help boost its bid to enter the General Agreement on Tariffs and Trade (Gatt), an economic planning official says. "Since the Uruguay talks will reach conclusions soon, we have to
      Reuter  -  266 words
    • 182 4 Reuter TAIPEI Taiwan's fast-grow-ing trade surplus with Hongkong. buoyed by indirect trade with China, is likely to hit a record high in trade with any single country or area, the Finance Ministry said. In the first 11 months of this year,
      Reuter  -  182 words
    • ASIA NOTES
      • 82 4 Reuter JAKARTA Indonesia will spend US$BOO million (Ssl.3 billion) to modify and develop facilities for 39 east German warships it bought for about US$46B million from Bonn last February, a government official said. Minister for Research and Technology Jusuf Habibie told a parliamentary hearing the
        Reuter  -  82 words
      • 65 4 AFP VIENNA North Korea's offer to open some of its nuclear sites to international inspectors is "insufficient" and contrary to demands made by the International Atomic Energy Agency, according to a spokesman for the organisation. Hans-Friedrich Meyer said, however, that negotiations on the issue were
        AFP  -  65 words
      • 81 4 Reuter BANGKOK The UN Development Programme (UNDP) yesterday launched a five-year. US$l2 million (Ssl9 million) project to help governments in Asia and the Pacific privatise the transport and communications sector of their economies. The project will focus on analysing and supporting the institutional, management
        Reuter  -  81 words
      • 68 4 Reuter JAKARTA Indonesia, seeking to improve its human rights image, yesterday announced the line-up of its new human rights commission. No noted human rights activists were included in the list. "This commission is independent. It will monitor and investigate the implementation of human rights and
        Reuter  -  68 words
    • 412 5 Bloomberg Business News TOKYO Steadily rising unemployment figures, especially in the manufacturing sector, has added gloom to Japan's already dreary economy outlook, the Economic Planning Agency said in its monthly report on the state of Japan's economy. The report usually duplicates what was said
      Bloomberg Business News  -  412 words
    • 218 5 Bloomberg Business News CANBERRA Australian state treasurers will meet federal Treasurer John Dawkins today to hammer out a new method of collecting taxes after the High Court declared As 3 billion (553.2 billion) in annual state taxes unconstitutional. The court, in a
      Bloomberg Business News  -  218 words
    • 251 5 Reuter WELLINGTON The Treasury sees stronger economic growth in 1993-94 than it forecast two months ago, but medium-term growth is still set at 2.5-3.0 per cent. In its post-election update to the government, the Treasury forecast 3.5-4.5 per cent growth in the March
      Reuter  -  251 words
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  • Page 4 Advertisements
    • 138 4 Concord Regatta 1991 > m 4 As sturdy as the wind. As polished as the trophy. I A passion for excellence. That's the spirit of Saratoga. (WITORD gentry.. THE CONCORD SARATOGA-18K SOLID GOLD SINCE 190 8 REF 50-58 237 Al2 2/69 AUTHORISED DEALERS Asia Watch (Parkway Parade). Chew Cheong Watch
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    • 634 5 Daewoo r DAEWOO HEAVY INDUSTRIES LTD (f lid II /9 Fj M W n The Wonder Workers. For You, By DAEWOO you want to get the most out of fTI w ien l comes l me f° r service your investment in earth moving I m you can-rest assured your
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  • THE WORLD
    • WORLD WATCH
      • 56 6 AFP WASHINGTON President Bill Clinton said on Monday the US and Russia were considering a proposal to stop targeting each other with long-range nuclear missiles. "It is under consideration, but no final decision has been made," he said. He discussed the matter with Russian
        AFP  -  56 words
      • 47 6 Reuter LONDON Three-year-old Agnes Meath-Baker gazes at cuddly Elliot, a unique blue SteifT teddy bear which will be auctioned at Christie's this week. The bear, made in 1908, is expected to fetch a record price for a teddy of £20,000 (5547,600). Reuter
        Reuter  -  47 words
      • 44 6 AFP LONDON European Union officials have met the leaders of Sinn Fein, the political arm of the Irish Republican Army, for the first time to discuss a peace settlement in Northern Ireland, The Guardian newspaper reported yesterday. AFP
        AFP  -  44 words
    • 436 6 Forecast of 3pc amid low inflation for 1994 by Merrill Lynch UPI NEW YORK The US economy is likely to grow moderately amid low inflation and low interest rates in 1994, Merrill Lynch Co says in its annual global economic forecast. Merrill Lynch, a
      UPI  -  436 words
    • 229 6 Bloomberg Business News NEW YORK Retailers rang up healthy sales increases last week, but they're crossing their fingers and hoping the gains persist through the holiday shopping season. "We're well ahead of last year," said Jaqui Lividini, a spokeswoman for upmarket department store
      Bloomberg Business News  -  229 words
    • 235 6 Knight-Ridder, Bloomberg Business News BONN Economics Minister Guenter Rexrodt said yesterday the 0.5 per cent growth in Western Germany's thirdquarter gross domestic product confirmed the economy was "slowly" moving out of recession. The Federal Statistics Office also reported Western Germany's third-quarter
      Knight-Ridder,; Bloomberg Business News  -  235 words
    • 266 6 Reuter MUNICH Deutsche Aerospace (Dasa). owned by German industrial giant DaimlerBenz AG, may build regional turboprop airliners in China and Mexico because of insufficient government support at home. "The question is if we will still have a German aerospace industry in three years," said
      Reuter  -  266 words
    • 213 6 AP BOSTON A new type of executive is joining the ranks of corporate America: one less concerned about ,the bottom line and more about the line between right and wrong. Companies have been hiring ethics officers to help manage their morals.
      AP  -  213 words
    • 472 7 AFP MOSCOW President Boris Yeltsin goes to Brussels today hoping to secure pledges from European leaders on easier trade terms for Russia, and ready to give his ideas on how Nato should evolve without being seen as a threat in Moscow.
      AFP  -  472 words
    • 82 7 Reuter, AP CAPE TOWN A printer at the Cape Town Argus packing copies of yesterday's editions minutes after blacks sat down alongside whites to claim their first official role in governing South Africa. Right-wing whites occupied a fort outside Pretoria to oppose
      Reuter,; AP  -  82 words
    • 372 7 UPI MOSCOW Russia's main coal miners' union has called off its strike, after the government agreed to most of their demands for better working conditions and compensation for the planned closure of lossmaking pits. Eduard Kinstler, secretary of the Russian
      UPI  -  372 words
    • 264 7 Reuter BRUSSELS European Community research ministers have failed again to agree on how much money to earmark for research projects over the next five years, sending the question to this week's EC summit. "Everybody wants to do more research, there is a general
      Reuter  -  264 words
    • 212 7 NYT LONDON Former Prime Minister Margaret Thatcher will face public questioning this week for the first time about her role in Britain's sales of arms-making equipment to Iraq, officials said on Monday. Mrs Thatcher, who headed the government until November 1990, will
      NYT  -  212 words
  • Page 6 Advertisements
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  • Page 8 Advertisements
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      303 words

  • WORLD FOCUS
    • 1021 9  -  The Russian election From John Helmer in MOSCOW ON Sunday, Russia goes to its first parliamentary poll since the country became independent, and the Soviet Union collapsed, two years ago. At the same time, voters will cast ballots in a referendum to ratify the
      Reuter  -  1,021 words
    • 504 9  -  From John Helmer in MOSCOW ONE of the most experienced politicians in Russia's election campaign predicts that, after the votes are counted next Sunday, the front-run-ning party, Russia's Choice, will fall well short of a majority of the new parliament's seats, and
      504 words
    • 534 9 Yegor Gaidar, Russia's Choice. Academic economist first recruited into the Yeltsin government in Nov 1991. Proponent of shock therapy to transform centrally planned Russian economy into market type. With time, he has become more the flexible coalition politician than academic theorist, and
      534 words
  • Page 9 Advertisements
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  • Page 12 Advertisements
    • 708 12 -ft" M Nothing Beats ABucL (C^j OF W* FULL DRV SEMINAR PACKAGE at only 545.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For
      708 words
    • 251 12 WHERE TO WINE, DINE AND ENTERTAIN Our Bird's Nest will please your palate as well as your pocket. We've just added Bird's Nest I delicacies to our menu at really "f Whether it's a Bird's Nest main dish 'j or dessert*, you won't be disappointed. J In fact, you'll be
      251 words
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  • LIFESTYLE
    • 739 13  -  To be fat is no longer a sign of wealth and power in China, reports Mark O'Neill Mark O'Neill Reuter THE restaurant is one of many signs that dieting has finally arrived in China's cities, spawning an industry worth millions of
      Reuter  -  739 words
    • 403 13 CHATTERBOX FIRST LADY Hillary Rodham Clinton showed off the White House on Monday in all its holiday best. It's been decked out with hand-made crafts and dozens of Socks look-alike ornaments sent in from around the country. For "The year of the craft",
      403 words
  • Page 13 Advertisements
    • 325 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 «01 -03 ROYALVH.LE BUKIT TIMAH ROAD SINGAPORE 1027
      325 words
    • 63 13 Xeockew cuisine/ +Ke way it should be! Savour the rustic, refined flavours of irresistible traditional favourites such as Teochew Braised Goose, Deep Fried "Pomegranate" Chicken, etc each at its best. We also cater for private functions including company dinners, birthdays and special wedding packages. m m TEOCHEW GARDEN RESTAURANT "5
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  • Page 13 Miscellaneous
    • 1298 13 TV RADIO 1 Part 10.30pm, has finally convinced William Ragsdale are he runs the blood- > he has Roddy McDowell help once Married: With Sharks, ''HH|t«^^ 9.30pm, SBC 12 John are a couple take on the challenge docuon film the They Tads HHsJlH^^^^^H^^H 10.30pm, SBCB ff (Samo returns to hometown
      1,298 words


  • SPORTS
    • 492 15 Grand Slam Cup AFP ®|UNICH, Germany Michael Stich, who demonstrated aavithout a shadow of a doubt titthere was life after Boris when he won the Davis *i£up for Germany, faces a fascinating battle with Becker £pere this week. two men are drawn
      AFP  -  492 words
    • SPORT SHORTS
      • 89 15 UPI IRVING, Texas A 57-yard run by Emmitt Smith set up Daryl Johnston's key touchdown with 9:16 to play on Monday night, allowing the Dallas Cowboys to escape with a 23-17 victory over the Philadelphia Eagles. Smith gained 172 yards, the fourth straight time he has gone over the 100-yard
        UPI  -  89 words
      • Article, Illustration
        209 15 AFP BRISBANE, Australia Australia wrapped up the Trans Tasman Series 2-0 winning the third test against New Zealand by an innings and 96 runs here yesterday. It was Australia's second convincing victory in a week having inflicted a record innings and 222-run defeat of the Kiwis in the second
        AFP  -  209 words
      • Article, Illustration
        153 15 AFP LONDON Zimbabwean Nick Price jumps into fourth place in the world rankings after his recordbreaking success in the Sun City Million-Dollar Challenge at the weekend. England's Nick Faldo. who finished fifth, still leads the Sony Ranking, though, from Australian Greg Norman, with Germany's Bernhard Langer third, lading rankings:
        AFP  -  153 words
      • Article, Illustration
        94 15 AFP LAUSANNE, Switzerland Beijing continued to play a waiting game over whether to enter the race to stage the 2004 Olympics here on Monday. China's International Olympic Committee (IOC) member Zhenliang He revealed that a final decision could depend on whether another Third World candidate made a bid. He
        AFP  -  94 words
      • Article, Illustration
        139 15 AFP LONDON England rugby union captain Will Carting was warned on Monday that his Sunday newspaper column, in which he criticised New Zealand, may soon be banned. Rugby Football Union secretary Dudley Wood told the London Evening Standard that the subject of players' newspaper columns is likely to be
        AFP  -  139 words
      • Article, Illustration
        34 15 Reuter ZURICH Super Series tournament semifinals Monday (prefix denotes seeding): l-Jansher Khan (Pak) b 2-Brett Martin (Aust) 15-5 17-14 16-17 15-6; 3-Peter Marshall (Eng) b 4-Rodney Eyles (Aust) 15-13 9-15 15-9 15-10. Reuter
        Reuter  -  34 words
      • Article, Illustration
        78 15 AP LAUSANNE It took more than a year, but Sylvie Frechette of Canada finally got her Olympic gold medal. The International Olympic Committee executive board agreed on Monday that Frechette was the victim of a judging error and should be awarded a gold in synchronised swimming from the 1992
        AP  -  78 words
      • Article, Illustration
        15 15 Reuter NEW YORK NBA Monday: Utah 103 NY 96; Seattle 103 Washington 96. Reuter
        Reuter  -  15 words
    • 778 15  -  Ira Berkow raps Billie Jean King's stance on smoking Ira Berkow NYT NEW YORK The last thing one might expect of Billie Jean King is for her to play the ostrich. She has played championship tennis, and she has played a leading and
      NYT  -  778 words
    • 240 15 Golf AFP LA QUINTA, California Ty Armstrong fired a finalround 68 here on Monday to win the six-day PGA qualifying tournament, leading 46 golfers who earned a place on next year's US tour. Armstrong finished at 415, 11-under par for the event. Robin Freeman and Dave
      AFP  -  240 words
  • Page 15 Advertisements
    • 93 15 .A.t the ANA Hotel we fully appreciate how difficult it is to he dynamic, is why we are more than happy to see you tuched up in hed after a hard day in the office. Or taking things easy in any of our comfortable armchairs. Or pushing yourself to the
      93 words
    • 964 15 BUSINESS TIMES TOLL —FREE TEL. No. 1-BQO-741-1883 FAX:74I-1298 ■hi mi 1 IN THE MATTERS OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TECKHWEE (PRIVATE) LIMITED (Incorporated in th« Republic o( Singapore) (In Liquidation) MEMBERS' VOLUNTARY WINDING-UP NOTICE 6 HEREBY GIVEN tat pursuant to Secton 308 of the
      964 words

  • REGIONAL ANALYSIS
    • 1471 16  -  Special to BT Asean goes big on telecoms MEHEROO JUSSAWALLA MEHEROO JUSSAWALLA The writer is a senior fellow/economist at the East-West Centre, Hawaii. She is on the board of the Pacific Telecommunications based in London. She has recently been appointed to the board of
      Source: Goverment and Industry; Reuter  -  1,471 words
    • 1081 16  -  GENEVIEVE CUA GENEVIEVE CUA The writer is a BT correspondent SINGAPORE Telecom staff can hardly be blamed if once in a while they indulge in the luxury of a stretch and a self-satis-fied sigh. Everything works in Singapore almost all the time be
      1,081 words
    • 864 17  -  Exclusive to BT Hooking up Thailand and the Philippines SETHAPORN CUSRIPITUCK SETHAPORN CUSRIPITUCK The writer is the acting director-general, international services division, post and telegraph department. Bangkok JUST three out of every 100 Thais own a telephone. There are about two million telephone lines in
      864 words
    • 1702 17  -  Special to BT THOMAS AQUINO THOMAS AQUINO The writer is vice-president of the Centre for Research and Communication, a Manila-based think-tank THE PHILIPPINES is a country where a telephone is considered a scarce resource, where the backlog for telephone lines have reached an estimated 800,000, and
      1,702 words
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    • 23 16 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINC, f Business Times WEKMOWAStA
      23 words

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    • 149 17 (Scholarship Guide The choicc of scholars Timed for publication in midFebruary, when students awaiting their GCE results begin to enquire seriously about the scholarship opportunities available, the Scholarship Guide '94 is the ideal medium for organisations to reach aspiring scholars. The Guide enables major public and private sector organisations to
      149 words

  • 558 18 EDITORIAL PRESIDENT Boris Yeltsin plans to visit Brussels this week. This shows how well the Russian leader has consolidated his authority he can confidently leave the country just three days before the most important political event since the collapse of communism in 1991 and fully
    558 words
  • WHAT THE OTHERS SAY
    • 183 18 WHEN EVEN the opposition concedes that it does not begrudge ministers their new pay scales, it is a good indication that the salary increases for the Cabinet to bring its pay more in line with the market, is a move difficult to fault. The pay rise
      183 words
    • 117 18 MR PATTEN will be watching the latest opinion polls closely, to see what the people of Hongkong think about his plan to table in Legco a Bill to implement Phase One of his electoral reform plans. Both Beijing and Mr Patten have work to do if
      117 words
    • 180 18 THE INDONESIAN government, already facing sharp criticism from the United States and most non-govern-mental organisations for its alleged violation of worker rights, is facing a delicate dilemma in managing the huge number of people in its workforce. It is required to protect the interests of the
      180 words
    • 163 18 AS THE 24-year-old Majlis Pusat (Central Council of Malay Cultural Organisations) prepares itself for the future, the umbrella body has to seriously consider some observations made by its adviser and also the Minister-in-charge of Muslim Affairs, Mr Abdullah Tarmugi. Speaking at Majlis Pusat's 16th biennial
      163 words
    • 191 18 HONGKONGERS caught in the crossfire between China and Britain are at a loss to understand the reasons for the clash. Decades of British rule and no mention of democracy Why then the sudden surge to push democratic reforms in a short time-frame of three years and to
      191 words
    • 182 18 ACTIONS always speak louder than words; even when the actions are the spoiling violence of a paltry few and the words are expressed by a rejoicing multitude across the world. The Israeli-PLO Declaration of Principles signed on Sep 13 acquired a regional and global approval rating
      182 words
  • 1200 18  -  Thitinan Pongsudhirak says the uproar over Paul Keating's remarks about Mahathir Mohamad will fuel the debate on Apec's character and viability Thitinan Pongsudhirak The writer is a lecturer at the Department of International Relations and a research fellow at the Institute of Security and
    1,200 words
  • Page 18 Advertisements
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      755 words
  • Page 18 Miscellaneous
    • 66 18 (GOING SOro£iA)M£Re?\ (^CS —I'M WPV/iMG MY Nose) joues -ru.&esLiPPiMG\ y J J OUT f\ TRIFLe GprtZUf THIS/ |f ,X USOCUTtDIHMIIILTO, ItO IHI KM DOONESBURY GARRY TRUDEAU fpal-Tex- A ixitVtojnd- fSend touser~lß*N6n!nlyteThere^sfcror^ lucKybreah- food idea. Duke; Have /Mm I Vesical resemblance.but Youmfc I ADDTOIhe I .SSLfiSE, XSK seen photo of supplierofphotoonoevis-
      66 words

  • ANALYSIS
    • 976 19  -  While Jack Redden discusses the prospects of the war-torn region enjoying the economic benefits of peace, Jeffrey Heller finds foreign investors excited by what Israel has to offer but officials in Jerusalem wary of overheating the economy Jack Redden Jeffrey Heller Reuter
      Reuter; AFP  -  976 words
    • 614 19 Reuter FOREIGN business executives, encouraged by Israel's peace deal with the PLO, have begun to scout out the land for investment opportunities. But Israeli officials say it is too early to bank on an investment boom soon and caution against overheating the
      Reuter  -  614 words
  • Page 19 Advertisements
    • 44 19 "I spent $30andgpt $500/100" ,chaf a *<•*. W ot gdn 3247 so f S f ed w| m Near MRr 1 3f 2 Vj« TOOK B nm CUtlea *345kT tu c °ndo fa Ms L '"g: *****? Hectar call Call today for results tomorrow. 737-1166 <
      44 words
    • 201 19 WHEN IN CHINA... Get The Straits Times, Lianhe Zaobao Business Times from the following hotels In Beijing In Shanghai Shangri-La Beijing Hotel Equatorial Shanghai Yanshan Hotel Yangtze New World Hotel Great Wall Sheraton Hotel Shanghai JC Mandarin Kunlun Hotel Shanghai Hilton International Holiday Inn Lido Hotel Sheraton Hua Ting China
      201 words
    • 107 19 Nude/P. I size: (H) 67cm x (W) 37cm Composition: Bisqult Porcelain. IBK Gold, Platinum, Cadmium Oxide, Iron Oxide, Mineral Quartz, Crystal Quartz Gianni Visentin, the world renowned Italian sculptor unveils the ideals behind his works: praise for the highest human values-purity, gentleness and love. His masterpieces appear in the world's
      107 words

  • 506 20 AP, Asahi TOKYO The government yesterday indicated that Japan would agree to a compromise plan to end its ban on rice imports as part of a world trade agreement, setting the stage for a battle over rice that could split the ruling
    AP,; Asahi  -  506 words
  • 375 20 AFP TOKYO Japan yesterday proposed for the first time a set of "quantitative criteria" to assess future measures aimed at expanding government procurement from foreign telecommunications suppliers, said a United States official. Japan had previously objected to US demands for quantitative criteria
    AFP  -  375 words
  • 326 20 Bloomberg Business News, Reuter NEW YORK The United States economy will grow at a rate of 4.7 per cent in 1994, before adjusting for inflation, the National Association of Purchasing Management said yesterday, adding that only moderate inflation is
    Bloomberg Business News,; Reuter  -  326 words
  • 38 20 AFP FOLKESTONE, England Motorists on the British Vl2O motorway speeding past advertising for an unusual product the drill used to bore the Channel Tunnel for sale 'with one careful owner'. AFP
    AFP  -  38 words
  • 346 20 AFP. AP BRUSSELS France Telecom and Deutsche Telekom have formed a "world strategic alliance" based on a new joint company to serve multinational companies. At the same time. Deutsche Telekom executive Dieter Leister told the Frankfurter Allgemeine Zeitung yesterday that the French-German partnership
    AFP.; AP  -  346 words
  • 215 20 AFP BEIJING China's foreign trade deficit hit USS7.7 billion (SS 12.3 billion) in the first 11 months of this year, with imports growing 21.6 per cent faster than exports over the same period last year. Xinhua reported yesterday. Total trade volume stood
    AFP  -  215 words
  • 541 20 Bernama KUALA LUMPUR Prospects for the Asian region look bright, with additional progress being made to achieve policy reforms to improve efficiency and increase competition as well as increase the supply for both consumption and investment goods and stabilise prices of commodities. Asian
    Bernama  -  541 words
  • 790 20  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is BT's Jakarta correspondent FOUR years ago, as despairing visitors and businessmen well remember, Indonesia's telephone system was one of the worst in Asia. In a country of 185 million people there were fewer
    790 words
  • Page 20 Advertisements
    • 11 20 Nikkei Fax Get Japan s news before the Japanese Tel: F.ix:
      11 words
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  • COMPANIES & MARKETS
    • 580 21  -  By Shiv Taneja SINGAPORE The market responded strongly to Kuala Lumpur-based Berjaya Textile Berhad's (BTB) restructuring plan yesterday, pushing the counter to an all-time high of M 58.35, up M 53.37 from its previous close on Nov 23. After the close
      Source: Bloomberg  -  580 words
    • 329 21  -  By Claire Leow SINGAPORE Electronic Resources' initial public offer, which closed on Monday, was 245 times subscribed and drew application money of $1.69 billion. At yesterday's balloting, Chua Keng Hiang, vice-presi-dent (corporate finance) of United Overseas Bank (UOB), the issue manager and underwriter,
      329 words
    • 165 21 SINGAPORE Soon-to-be-listed brokerage Vickers Ballas Holdings is seeing analysts after all but on a one-to-one basis. "It was all a miscommunication by our public relations firm," managing director David Ban said yesterday, ex- plaining why analysts who turned up at an Oriental Hotel press
      165 words
    • 1011 21  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE The proposed merger of King's Hotel and Orchard Hotel is not really a bad deal, but is it necessary? Put it another way, if you have $327.4 million to spend, would you buy
      1,011 words
    • 416 21  -  By Joseph Rajendran SINGAPORE Sesdaq-listed Heshe Holdings yesterday responded to the Stock Exchange of Singapore for the third time on its second-half financial losses. Yesterday's three-page reply covered its Singapore manufacturing operation, its Indonesian factory, its Hongkong retail operations and its export
      416 words
    • 205 21 SINGAPORE Taking the first step towards its objective of building up a fleet of vessels. China Ocean Shipping Co (Singapore) (Cosco Singapore) has bought its first vessel for US$9.l million (about SS 14.5 million). In an announcement yesterday, the Sun Corp subsidiary
      205 words
    • Article, Illustration
      362 21 Source: Bridge Info Performance of STII's Index stocks Dec 7 Last Sens* ladex Slock salt Cb*c factor no«m (S) Avimo 1980 0.070 L34 6.42 CAC 8 000 -0 050 5 43 -4 59 CWT 2.710 -0.010 I 84 -0.92 Cercbos 6.750 0 100 4 58 9 17 FAN 16
      Source: Bridge Info  -  362 words
    • COMPANIES
      • COMPANY BRIEFS
        • 51 23 SINGAPORE Malayan Credit has acquired a shell company called Byvon. The shell company has an authorised capital of $100,000, and an issued and paid-up capital of $2 comprising two ordinary shares of $1 each. Malayan Credit acquired the two Byvon shares at par on Nov
          51 words
        • 65 23 SINGAPORE Inno-Pacific Holdings announced yesterday that its shareholders applied for a total of 174 million rights, 19 per cent more than the 146 million rights being offered. As 144 million rights were accepted by those who were originally allotted the rights on the basis of five
          65 words
        • 54 23 Bernama KUALA LUMPUR Malayan Banking Bhd said Bank Negara and the Securities Commission have approved its proposed bonus issue amounting to 381.14 million new ordinary shares of Msl each on the basis of one for two. The new shares will be capitalised from the
          Bernama  -  54 words
        • 54 23 Bernama KUALA LUMPUR Kamunting Corporation Bhd said in reply to a Kuala Lumpur Stock Exchange query that its acquisition of MsB million (Sss million) nominal value of convertible redeemable unsecured loan stock in Dunlop Estates Bhd has no effect on the net tangible assets per share
          Bernama  -  54 words
        • 78 23 IN yesterday's Business Times report, "Pan-United Corp launches oflcr of 138 m shares", Pan-Unitcd's forecast gross dividend was reported as 3.6 cents. The correct figure is 0.5 cent, or 5 per cent of each share's 10-ccnt par value. Also, Pan-United has clarified that 531.3 million of the
          78 words
      • 496 23 UNIT TRUSTS FUNDS Managers' pnees Dec 8 Umhondf 1.065 1 095 «i_i» United Or Fund! I 54 1.60 Singapore Unit Trust united as* Fund 183 i.»i. The Commerce 1.66 1.74 NTUC ll1C0me The Savings Fund 156 1.64 Income Bond Policy 4 20 4 35 S pore Prog F und 0
        496 words
      • 410 23  -  By William Chia SINGAPORE Malayan United Industries Bhd (MUI). cash-flush after the recent sale of its bank and finance company for MS 1.1 billion (SS6B2 million), has made two major acquisitions in Hongkong. MUI said in a statement yesterday that it
        410 words
      • 184 23 Reuter KUALA LUMPUR Repco Holdings Bhd yesterday proposed to acquire the entire share capital of stockbroking firm Innosabah Securities Sdn Bhd for MS 170 million (SSIOS million). Repco will pay M 594.5 million in cash and issue 13 million new shares at
        Reuter  -  184 words
      • 268 23 Bernama KUALA LUMPUR Ekran Berhad made an extraordinary < gain of M 52.83 million (S$ 1.75 i million) from the disposal of a I freehold vacant plot of land. i Replying to a Kuala Lumpur Stock Exchange query, Ekran yesterday said the
        Bernama  -  268 words
      • 776 23 Payment Ex Books Pay date close date AISB 30> b 5 Dcc 31 Jan 14 Jan 21 Amal Steel SO* b 14 Dee 2 Dec 16 Jan IS Amtck fcng 20" F 6TE Dcc 15 Dec 21 Dec 30 Antah Hldgs 50* b 6 Dec 9 Dec 23
        776 words
      • 237 23 Bernama KUALA LUMPUR Angkasa Marketing Berhad is taking several steps to increase its market share to improve the overall performance of the group. Chairman Gen (Ret) Zain Hashim said in the company's latest annual report yesterday that this would be done by introducing new
        Bernama  -  237 words
      • 182 23 SINGAPORE Malaysian property and construction group Metroplex will acquire 400 hectares of plantation land near the Genting Highlands for development. It will do so by taking a 60 per cent equity stake in Maxi Murni Sdn Bhd. Maxi Murni and a third
        182 words
      • 369 23 Bernama KUALA LUMPUR Pengkalen Holdings Bhd is optimistic that its group business will be expanded, and that this will in turn boost its financial performance. Chairman Mohamad Ali ST Tan said that positive outlook of the Malaysian economy augured well for all sectors of
        Bernama  -  369 words
      • 463 24 Bloomberg Business News HONGKONG Only weeks after World International changed its name to Wheelock Co Ltd, the trading company said yesterday that its net profit rose 61 per cent to HK5940.3 million (*****.7 million) for the six months ended Sep 30. The Hongkong
        Bloomberg Business News  -  463 words
      • 176 24 AFP MANILA President Fidel Ramos has urged Thailand's second largest company, the Shinawatra Group, to expand its operations in the Philippines, the presidential palace said yesterday. "You come at a very good time when there is a struggle for free gateways," a palace
        AFP  -  176 words
      • 464 24 Bloomberg Business News HONGKONG Kunming Machine Tool Co Ltd posted a massive 193 per cent rise in its first day of trading on the Hongkong Stock Exchange yesterday. The share closed at HKSS.BO (551.20) against the listed price of HKSI.9B. The scrip, which
        Bloomberg Business News  -  464 words
      • 247 24 Bloomberg Business News HONGKONG Cathay Pacific Airways. Hongkong's major international airline, has placed an order with Airbus Industrie for six long-haul A 340-300 aircraft for a total of US$BOl million (SSI.2 billion). The aircraft will be delivered in 1996-97 but in the interim Cathay,
        Bloomberg Business News  -  247 words
      • 262 24 Reuter HONGKONG Teletech International Holdings Ltd yesterday said it planned a HKS74O million (S$ 153.2 million) rights issue to complete its acquisition of Capetronic Computer Products Holdings Ltd. Teletech and Capetronic Computer are both members of Stanley Ho's Grande Holdings Ltd group. Teletech said it
        Reuter  -  262 words
      • 164 24 Reuter BANGKOK United Communication Industry pic has mandated 46 Thai and eight foreign underwriters to float 17 million new shares to the public at 230 baht each. The telecommunications firm, which operates a cellular mobile phone service, named Phatra Thanakit pic as
        Reuter  -  164 words
      • 445 25 Bloomberg Business News. AFP, Reuter TOKYO Japan's Sanyo Electric Co Ltd said yesterday it had agreed to start manufacturing flash memory chips under licence from Silicon Storage Technology Inc of the United States in February Under the agreement, Sanyo said it
        Bloomberg Business News.; AFP,; Reuter  -  445 words
      • 207 25 AFP TOKYO Japan's Hitachi Ltd yesterday said it had developed a prototype for a singleelectron memory device working at room temperature, paving the way for the production of a 16-gigabit non-volatile memory chip. Sixteen gigabits represents four times the amount of information
        AFP  -  207 words
      • 199 25 Bloomberg Business News MELBOURNE Property development and casino group Hudson Conway Ltd said it sold the Cranbourne Park Shopping Centre here for A 563.5 million (5567.7 million) as the first step in its programme to sell oft As3oo million in property assets. National Australia
        Bloomberg Business News  -  199 words
      • 158 25 AFP LONDON The Lloyd's insurance market is offering to pay £900 million (552.15 billion) in damages to members hit by massive losses in recent years, Lloyd's chairman David Rowland said yesterday. The initial reaction to the offer by the few Names present was
        AFP  -  158 words
      • 339 25 Bid for Paramount Bloomberg Business News BOCA RATON, Florida QVC Network Inc is close to winning its hostile takeover bid for control of Paramount Communications Inc. says Mario Gabelli, Paramount's largest shareholder and chairman and chief investment officer of Gabelli Funds
        Bloomberg Business News  -  339 words
      • COMPANY BRIEFS
        • 87 25 AFP TOKYO Nippon Telegraph and Telephone Corp (NTT) chairman Masashi Kojima said yesterday that the Japanese telecommunications giant was discussing multimedia business opportunities with Apple Co and Microsoft Corp. NTT has set up separate working groups with the two US companies which are now
          AFP  -  87 words
        • 86 25 Reuter TOKYO Toshiba Corp plans to assemble 4-megabit DRAM (dynamic random access memory) chips in Malaysia from next spring, a company spokesman said. The company plans to make about 500.000 4-megabit DRAMs per month at its existing semiconductor assembly factory, he said. The company
          Reuter  -  86 words
        • 117 25 Bloomberg Business News LONDON Ameritech Corp plans to enter the long distance telecommunications market as early as 1995, the Wall Street Journal Europe reported. The US telecommunications company will seek approval from the US Justice Department to test a new service offering long-distance
          Bloomberg Business News  -  117 words
    • FINANCE & COMMODITIES
      • 516 26 Second such injection to ease shortage of funds Bloomberg Business News, Reuter HONGKONG The Hongkong Monetary Authority (HKMA) has added HKSI billion (SS2OB million) into the treasury's banking system in a bid to ease a shortage of funds in the interbank market,
        Bloomberg Business News,; Reuter  -  516 words
      • 339 26 AFP JAKARTA The Indonesian government has promised that American energy company Exxon, and not another firm, will drill the Natuna gas field in the South China Sea, a project worth US$3O.l billion (5548.1 billion), a news report said yesterday. "The government
        AFP  -  339 words
      • 427 26 FT NEW YORK Mellon Bank, with the US$l.B5 billion (552.94 billion) takeover on "Monday of Dreyfus one of the US' largest mutual fund groups marked the first large move by a bank into the fast-growing funds business. Frank Cahouet,
        FT  -  427 words
      • SMALL CHANGE
        • 99 26 KnightRidder BANGKOK The Petroleum Authority of Thailand will float two bond issues worth a total of 3.57 billion baht (*****.4 million) today, an agency statement said yesterday. One bond issue worth a total of 1.97 billion baht will mature in 10 years and yield
          Knight- Ridder  -  99 words
        • 78 26 Bloomberg Business News MELBOURNE Australia New Zealand Banking Group Ltd said it will pay an unfranked interim dividend of A 56.625 (557.08) on each AS 100 of preference shares held. Unfranked dividends mean that the shareholder is liable for the full personal income tax liability
          Bloomberg Business News  -  78 words
        • 78 26 AFP TOKYO Five Japanese banks said yesterday they would cut their short-term prime lending rate, the rate they charge their most credit-worthy customers on loans of one year or less, by 0.375 percentage points to 3 per cent a year from tomorrow. The five
          AFP  -  78 words
        • 91 26 Bernama KUALA LUMPUR Cagamas Bhd says the first interest payment on its Cagamas Bonds 7/93 issued on June 22, 1993 will be payable on Dec 15, 1993. Each MS 100,000 nominal value of the scripless bonds is entitled to interest of M 53.495.89.
          Bernama  -  91 words
      • 158 26 Bloomberg Business News NEW DELHI The Securities and Exchange Board of India (Sebi) has permitted four foreign brokers to operate on behalf of foreign institutional investors, its executive director Pratip Kar said yesterday. The four are James Capel, Kleinwort Benson. Credit Lyonnais
        Bloomberg Business News  -  158 words
      • 262 26 Bloomberg Business News Reuters FRANKFURT Germany's largest bank Deutsche Bank AG said it set aside 2.46 billion deutsche marks (552.3 billion) in risk provisions during the period from January to October this year. That's a rise of 54.4 per cent from 10/12
        Bloomberg Business News; Reuters  -  262 words
      • 176 26 AFP MANILA A subsidiary' of Dow Chemical plans to invest USS2SO million (*****.7 million) in a geothermal project in the central Philippine island of Levte. according to an official of the American firm's local office. Magma Power, a sister company
        AFP  -  176 words
      • 146 26 THE USS opened lower across the hoard as profit taking on Monday night erased some of its recent gains. Against the SS, the USS was quoted around 1.5980-85, off from its 1.6000-05 close the previous day. There was little interest in the market and the
        146 words
      • 183 26 Sterling ended at its lows after a quiet session, drifting lower on a lack of interest. It was at a late 2.5422/32 marks vs an early 2.5571/81 and Monday's close of 2.5560/93 and at USS 1 .4930/40 vs U551.5003/1 3 and USS 1.4987/92. But the charts say the pound
        183 words
      • 201 26 ENERGY REPORT Reuter. Bloomberg Business News LONDON IPE Brent crude oil futures moved up quickly from the lows after the Opec president said he will consult Opec ministers on the weak oil price while at a meeting of Arab oil producers
        Reuter.; Bloomberg Business News  -  201 words
      • Article, Illustration
        1693 26 1 rode-weighted index calculated against Spore's top 14 trading partners Base year 1985 US$/S$ forward rates Noon Dec 7 ss Bid Offer 1-month 1.5967 1.5982 2-month 1.5963 1.597$ 3-month 1.5947 1.5972 6-month 1.5945 1.5965 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am m Dae 7: Singapore dollars to oae
        1,693 words
      • 91 26 NEW YORK The dollar slid against major currencies in a quiet opening session dominated by profit taking here early Monday. At around 9:30 am (1430 GMT), the dollar was trading at 1.7075 German marks, down from 1.7090 hours earlier in London and 1.7195 late Friday in New York.
        91 words
    • COMMODITIES & FUTURES
      • 1340 27 SIMEX REPORT Reuter SINGAPORE Simex June Eurodollar futures ended steady in light profit-taking yesterday ahead of the release of key US economic data later this week. June Eurodollars finished at 96.14 against 96.15 on the IMM previously on a total of 27,490 lots traded. Elsewhere. September
        Reuter  -  1,340 words
      • 621 27 COMMODITY REPORTS Fin Tin extended overnight's fall to end lower despite steadier London values. Traders said the metal finished at MSI 1.85 a kg. down two sen. weighed by keen producer selling and lack of strong overseas demand. LME prices closed US$l5 up
        621 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 83 27 TOYKO Übe Industries Ltd planned to eut production of magnesium by 20 to 30 per cent from January due to an oversupply. a company official said yesterday. It produces 9.000 tonnes of magnesium a year but demand from alumini-um-can makers has declined as a result
          83 words
        • 89 27 SINGAPORE The Association of Indonesian Coffee Exporters wants more Asian coffee-produc-ing countries to participate in the Association of Coffee Producing Countries (ACPC). the Bisnis Indonesia reported yesterday. The presence of coffee producers such as Thailand, the Philippines. Vietnam. India. Sri Lanka and Papua
          89 words
        • 63 27 SYDNEY Australian sorghum exports are likely to remain high despite a lower production estimate by the government's chief commodity forecaster. The Australian Bureau of Agricultural and Resource Economics yesterday lowered its 1993-94 production forecast to 1.371 million tonnes from 1.575 million tonnes following continuing dry
          63 words
        • 86 27 SYDNEY The upward momentum that drove nickel prices to four-month highs in London on Monday stopped short of breaching a key technical barrier, placing further gains in jeopardy, according to traders here. In order to find firmer footing over the longer-term, nickel for delivery in
          86 words
    • 1679 27 Rubber HAS Commodity Exchange (future* doting as at lpm) RSS 1 Cm tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 94 OOO OOO 131.00 TTOO To25 Feb 133.00 133.00 132.50 1,900 4.225 Mar 0 00 0.00 134 00 0 6.525 Apr/Jun 136.50 136.50
      1,679 words
    • REGIONAL STOCK MARKETS
      • 1291 28 +20.2 POSITIVE local sentiment and firm Asian markets combined to lift the Australian share market yesterday, with resource stocks the star performers. The All Ordinaries closed up 20.2 points, or a touch under one per cent, at 2.073.9. It spluttered around the 2.050 level in morning trade, before gathering
        1,291 words
      • 576 28 75 Philippine stocks surged to end at new highs, buoyed by a rebound in regional markets and growing optimism about the economy, brokers said. The Manila composite index jumped 75 points to close at 2,509. easily surpassing the previous high of 2.467 set on Nov 3. Makati was up
        576 words
      • 592 28 -24.57 Taiwan share prices closed lower in hectic, volatile trade amid a downward correction after recent rallies, brokers said. The weighted index closed down 24.57 points at 4,683.60. oft' a high of 4.739.87. in turnover of NT563.02 billion. Brokers said financials led early gains to test resistance at 4.750
        592 words
      • 419 28 -3.32 Stocks closed lower after a mild across-the-board consolidation following three days of gains, brokers said. The composite index closed 3.32 points lower at 823.17. "The market staged a technical downward adjustment," said Kim Ki Hong of C'oryo Securities. Institutional profit-taking focused on blue chips, while individual investors hunted
        419 words
      • 287 28 -7.21 The New Zealand share market again drifted lower in a trendless session lacking hard news. Brokers said the 7.21-point fall of NZSE-40 capital index to 2.087.58 was disappointing in view of the strength of major international markets. The fall was from lack of buying interest rather than
        287 words
      • 89 28 +74.16 Stock prices ended higher as local investors and foreign funds resumed buying after a downturn during the past three sessions. brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 3.223.96. up 74.16 points or 2.30 per cent. The 100-share national index rose 24.88 points
        89 words
    • WORLD STOCK MARKETS
      • 1063 28 Britannia Funds Sterling Cash Bid Offer Mint Cap Dcpoul 38 6400 6500 Mim Jerv\ Gik 0 1893 0 1992 Mim Max Income ****** ****** I S$ Cash Income PUn Fund 10 6200 II 1900 PS Reserve Fund 5 2200 5 2300 Sltrliq Eqait) Euro Performance 0.4592 049)8 Far East Fund
        1,063 words
      • 669 28 unch UK stocks closed mixed yesterday as investors grew concerned over progress in talks on the General Agreement on Tariffs and Trade, and bond prices declined. The FT-SE 100 Index of leading British stocks closed unchanged at 3237.3. equalling Monday's record high, after bouncing back from an 18.1 decline
        669 words
      • 138 28 -10.62 French shares ended weaker but off the day's lows after a session mainly influenced by the current Gatt trade talks, dealers said. The CAC-40 index was down 10.62. or 0.49 per cent, at 2,176.12 the volume was 3.3 billion francs. Club Mediterranee jumped partly on rumours of a
        138 words
      • 140 28 1.57pc Swedish shares ended the day higher with a strong finish after several days of listless trade on lower debt market yields, a stronger crown and the Gatt negotiations coming to an end. Market concern is diminishing since foreign investors have stopped selling Swedish shares en masse. The OMX-index
        140 words
      • 267 28 -0.70 Swiss shares ended little changed after buying at lower levels largely cancelled out earlier losses in afternoon trading. A firmer opening on Wall Street also gave support. Dealers said the fact that profit-taking had been well absorbed sparked positive sentiment. The SMI index of leading shares was down
        267 words
      • 100 28 -7.97 Belgium's Bel-20 index closed at 1430.45 down 7.97 points Brussels Dec 7 Fnari IFORWARD MARKET AG Fin 26W SO Accc 2550 Artwd )TSO 70 Auur MO Sriarn Brevan 4 JO uiK'h ruph 616 6 ock IW unch d* b«« -:o io El*l 77 w> tlrclrabrl < > Rclf
        100 words
      • 191 28 -0.65 pc Shares resumed an earlier positive trend to end slightly higher after profit-taking caused a mid-session pause. Optimism after local elections on Sunday produced gains for left w ing coalitions at the expense of the right continued. But a public holiday today could break the momentum and the
        191 words
      • 310 28 -0.84 Dutch shares rose slightly to eclipse Monday's all-time closing high, but failed to live up to early promise of a solid gain which was inspired by a strong bond market. The EOF Index was at 392.99 up 0.84 points. Financials did best, their high yields a good substitute
        310 words
      • 379 28 -0.21 Industrials took centre stage again on the Johannesburg Stock Exchange as renewed solid demand for leading counters in continued poor liquidity boosted the allshare index to a new closing high of 4,296 points. "The market is being driven by strong selective buying in poor liquidity," a dealer said.
        379 words
      • 813 28 +6.14 The Dow was ahead 10.62 points to 3720.83 at 11 am EST. Solid gains in three Dow components helped boost the key barometer. The New York Stock Exchange composite index was unchanged at 257.65. while Standard Poors 500-stock index was off 0.08 to 466.35. Declines overtook advances
        813 words
    • Article, Illustration
      3110 29 HONGKONG Share prices ended higher yesterday. with the main index at a record closing level, though profit-taking trimmed more than half of the early gains. The Hang Seng Index ended at a record hnish of 9.736.57, up 126.88 points, or 1.32 per cent against the intra-day high of 9.937.36.
      Source: Bridge Info  -  3,110 words
    • Article, Illustration
      448 29 BOTH the Shanghai and Shenzhen markets saw more active trading with moderate rise of B Indices yesterday. The turnover in Shanghai almost doubled that of Monday. The CLSA Shanghai B Index closed at 977.14, up 7.495. Phoenix and Forever were the biggest gainers, rising 6.5 per cent and 6.0
      448 words
    • Article, Illustration
      2485 29 Reuter TOKYO Stocks ended modestly higher in volatile trade, with the Nikkei moving around 17,000. Brokers said a technical rebound and short-covering lifted prices but the market failed to sustain bullishness as investors were sidelined, waiting for the government's economy-boosting plans. The Nikkei average closed at 16,903.49, up 63.11
      Reuter; Source: Bridge Info  -  2,485 words
    • Article, Illustration
      1908 29 Reuter BANGKOK Thai stocks surged throughout an active session with the stock index closing up 4.73 per cent to set a new record high, brokers said. Foreign institutions are buying Thai shares before local mutual fund purchases push prices up further, they said. The SET index soared 65.15 points
      Reuter; Source: Bridge Info  -  1,908 words
    • Article, Illustration
      1139 29 Reuter JAKARTA Share prices closed mixed yesterday on local support in moderate trading, brokers said. "Local players kept the market active after a slow start. They were speculating on third liners, including counters with plans for bonus and/or rights issue," a broker said. The ofTicial index shed 0.13 points
      Reuter; Source: Bridge Info  -  1,139 words
    • 2779 30 Source: Bridge Info Source: Bridge Info Cr Or 1993 Ijttt Vol Day Last Quote Di» Dr. YU Net M Ca» High Loo Cow Salt COOOl High I»« Buyer Scikr O P/t tail MALAYSIAN STOCKS 208 102 MSB 50c 201 cd -2 77 205 200 201 202 5 0
      Source: Bridge Info  -  2,779 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5691 30 Bernama KUALA LUMPUR Share prices here closed mixed after profit-taking trimmed ealier gains in hectic trading which sent the turnover rising to almost one billion units. The Emas Index finished 4.93 points higher at 314.40 while rises in key component stocks pushed the 85-share
        Bernama; Source: Bridge Info  -  5,691 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7413 31 I MAM BOARD Transaction date: Dec 7 1 i Gr Gr 1943 Last Vol Day Last Qaott Di« Di« YM Net M Cap High Low Company Sale ('000) High Low Bayer Seller S Or P/E Smil INDUSTRIAL AND COMMERCIAL 1380 260 I Acma 1300 t!0 356 1300 1260 1290 1300
        7,413 words
      • 1777 32  -  By R Sivanithy SINGAPORE After a minor correction on Monday, share prices exploded to new highs yesterday, fuelled by reassuring overseas signals and a bullish Malaysian market. In buoyant trading throughout the day, the Straits Times Industrials Index hit another all-time closing
        Source: Bridge Info  -  1,777 words
      • Article, Illustration
        170 32  -  HOT STOCK By Paul Leo WATCH the gap in the daily chart on Rashid Hussain for a hint as to whether the fourfold increase in price from a low of Si.o7 in September 1992 to Monday's all-time high of 54.44 is over. The gap occurred on Dec 1
        170 words
  • Page 21 Advertisements
    • 103 21 Take off on a KLM flight to Europe this Tourist Class Christmas or New Year's Eve. For only $770 one One Way $770, Excursion return $1540. way, or $1 540 excursion return fare to any KLM Business Class destination in Europe, you can have a truly white j One way
      103 words

  • Page 22 Advertisements
    • 127 22 BB MB Ji m 1 m f f T I 1 BHHjHKiHHBHBHiiiHiiMiHk AIR TRAFFIC MANAGEMENT. SAFETY FOR THOSE WHO ELt Over 30 years of advanced technologies, provided by Alenia to worldwide airspace users, give birth to a new range of Air Traffic Management Systems. Leading the evolutionary bends of Air
      127 words

  • Page 23 Advertisements
    • 87 23 vI#A J t;^Hff^ < HK^VlOrfi S^ScißflfnEm fir <* Vr i|*i3Ky HP Corporate high-flyers recognise the importance of a supportive hotel in 'vjr 4 concluding negotiations. Service-onented staff. 'y> Versatile meeting facilities.Comfortable j^ f **4% M guestrooms and suites. Cuisines inspired by C* East and West. Plus an unbeatable location in
      87 words
    • 31 23 FINANCIAL NEWS A quick look at the markets Call 24 hours a day for mid-day reports of SES KLSE and closing reports of the world markets. Cost: 30 cents per minute
      31 words
    • 150 23 FREEHOLD LAND FOR SALE BY TENDER Bukit Batok Singapore 2365 v-v/- phoenix X \> 'HEIGHTS \l\ ""/sas?" ESTATE Vs\ fW TOW BO f*Eßmo \„r~^ J\. Ipwwrty W\ cashew ™\£\\V A I PARK S/iV > 1 ELIZABETH PARK 5 I ESMTt I\ OAJRY FARM \X/ X g I H.LLV** ESTATE Nj®'
      150 words

  • Page 24 Advertisements
    • 488 24 GRiD: The True Potential Of Pen-Based Computing An AST Presentation Pan Pacific Hotel December 15,1993 9:00 am to 12:30 pm You may have heard of penbased computers. But you ain't see nothing yet. pen always been only a That was until the invention of a range of computers called GRiD.
      488 words

  • Page 25 Advertisements
    • 86 25 This advertisement appears as a matter of record only ELECTRONIC RESOURCES LIMITED (Incorporated in the Republic of Singapore) INVITATION IN RESPECT OF 26,400,000 ORDINARY SHARES OF $0.10 EACH COMPRISING 13,200,000 NEW SHARES AND 13,200,000 VENDOR SHARES Manager, Underwriter and Placement Agent United Overseas Bank Limited Sub-Underwriters Carr Indosuez Asia (S)
      86 words
    • 1745 25 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER Of OMEGA CHEMICALS (PTEI LTD (la Mem ben' Voluntary Liquidation! At in Extraordinary General Meeting of the company held on Ist December 1993 the following special Resolution was duly passed
      1,745 words


  • Page 27 Advertisements
    • 215 27 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 3 ISLE OF MAN BAHAMAS O JERSEY BELIZE CJ LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG
      215 words
    • 34 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead The £sBffiSS offers lb the most current |F tut o/ job If oppO rtUn
      34 words

  • Page 28 Advertisements
    • 39 28 Pifl t j 1 i fa} Placet Singapore Pte H Co* Boutique and Senice Centre. I Ho o u u I I i "01-Ot Mandarin Shopping Arcade, f****. Br < Jill The Mandarin Singapore. \'~i-, JOAILUER E\ HORLOGERIE DEPUISIB74 gen£ve
      39 words

  • Page 29 Advertisements
    • 75 29 jj| We re the blue chip choice in graphic design Ipfj;; Whether you re lucratively local or $>oins» q global, call the specialists in publications Qjm ee n^ n ant wr t Tel: --7 26 5 5 j Corporate Brochures (Calendars W EC DESIGN Cu I rod net Literature q
      75 words

  • Page 30 Advertisements
    • 53 30 THE FIRST REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. CITIBANK® CREDIT LYONNAIS q all c ITI PHONE BANKING ***** 225-5225 Nor JUST Banking
      53 words

  • Page 31 Advertisements
    • 86 31 To add sparkle to your portfolio, come to the dazzling 'fIHSHHi giTur3w ww Mondial Showroom. jHSNj^HI N t Mondial. Now at Ngee Ann City. For a// your internationally certified G././l, H.R.D and 1.G.1 diamonds, ■818 toSm, emeralds and other gemstones. 'i /V£W SHOWROOM: Mondial Ngee Ann City 001-16 Takasbtmaya Shopping
      86 words

  • Page 32 Advertisements
    • 89 32 SPOTLIGHTS: IPC CORP, INNOPACIFIC HOLDINGS DECEMBER 1993 WIW« lifH $4 HHB 9HB GHH wttttk IHBB B I Wt v Ifc HI P L v < Bit ik Y^7l -j j arl, jitJ Recession B1 ft# |J a e 71 74 78 82 86 90 93 ~y^ x Pr CAN YOU
      89 words
    • 226 32 MAXIMISE YOUR GAINS A BUSINESS TIMES PROMOTION GO DOWN MEMORY LANE jJf EXPERIENCE SEDAKA LIVE IN CONCERT TnTrMMMTmIr LLU I 1 I I—l—l—l—l— 25 PAIRS OF I ""7 1 PREMIUM $90 TICKETS I Business Times/Nel Sedaka Promotlop MUST BE WON! I Tick the iTcorrect answer: 1. For which lady did
      226 words

  • Shipping Times
    • 304 33 Reuter BRUSSELS The European Commission is set to issue a statement of objections this week to the Trans-Atlantic Agreement (TAA) cargo shipping alliance, warning them that they may face fines for breach of European Community anti-trust laws, said Commission officials on Monday.
      Reuter  -  304 words
    • 444 33 Lloyd's List LONDON A major confrontation is brewing between the US maritime authorities and freight forwarders around the world over moves that could undermine the role of the cargo consolidator. The US Federal Maritime Commission (FMC) is considering a ban on co-loading,
      Lloyd's List  -  444 words
    • 1125 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 16 3 Ahrenkiel Liner 4 1/2 Alprimo Freight 16 1 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 3 ASCL 5 5 ASXCL Shpg 15 2 Avant
      1,125 words
    • 229 33 AFP JAKARTA Financing for repairs and the conversion of 39 former East German navy ships to use in Indonesia has already reached USSBOO million (SSL3 billion), news reports said here yesterday. But Research and Technology Minister Bacharudin Jusuf Habibie was quoted
      AFP  -  229 words
    • 349 33  -  By Rahita Elias SINGAPORE Listed Cebu Shipyard Engineering Works has launehed a 131 million peso (557.4 million) programme to further expand its yard. In a company statement issued yesterday, yard president Lee Kwang Mong said: "The expansion will enable the yard
      349 words
    • 222 33 Bloomberg Business News HONGKONG Hongkong deputy director of marine lan Dale said on Monday the territory's average overall container throughput from January through September grew 16.2 per cent over the same period last year to 6.7 million 20-foot
      Bloomberg Business News  -  222 words
    • SHIPS IN PORT
      • 592 34 Vessd Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port April Gl ***** P096 0812/1900 0912/1900 *runachaiPradesh 59H 17/8 alongside 0812/2359 Batam Speed3 ****** P01A 07 12/2000 07 12/2300 Batam Irdah N86 J2 alongside 08.12/2115 Batam Speed3 ****** P01* 0812/2000 0812/2300 Boehuthatswana 15
        592 words
      • 1800 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookin|/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac. Ros« 047B 10/2000 3 08/0700 08/1159 08/1400 4 08/1200 08/1459 08/1700 Aci Swar 095A 08/1500 1 07/1500 07/1659 07/1900 Ah
        1,800 words
    • 13125 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,125 words
    • 1322 49 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,251 on Monday from 1,253 on Dec 3. Trading was slow on the freight market with rates generally weak particularly for capesize tonnage, brokers said. Brokers here estimated at least 82 capesizes open in the Atlantic
      1,322 words
    • 1136 50  -  Paul Woodward examines the cruise industry in the region its performance this year and its prospects in the coming years Paul Woodward Seatrade Review ONE YEAR ON from the unfortunate sinking of the Royal Pacific in the Malacca Straits, how has the cruise industry
      Seatrade Review  -  1,136 words
    • AIR AND LAND TRANSPORT NEWS
      • 384 52 Lanekawi International Maritime and Aerospace Exhibition 1993 Bemama LANGKAWI Malaysia is to manufacture a German-de-signed amphibious aircraft in Penang next year-, the latest addition to its infant aerospace industry. Prime Minister Mahathir Mohamad announced yesterday. The twin-engined Dormer Seastar CD-2, a 14-seat
        Bemama  -  384 words
      • 176 52 Bernama LANGKAWI Lima is not just another aerospace or maritime show as almost every country in Asia now held such exhibitions, said Malaysia's Prime Minister. Prime Minister Mahathir Mohamad said that Lima was still relevant and special "because it is
        Bernama  -  176 words
      • 39 52 Reuter LANGKAWI Paul Devine giving the Royal Australian Air Force's F-18 a check-up on the tarmac of the Langkawi airport on Monday. In the background is the new exhibition hall for Lima 1993. Reuter
        Reuter  -  39 words
      • LOG BOOK
        • 91 52 Bloomberg Business News OAKLAND America President Co said on Monday that Daewoo Shipbuilding and Heavy Machinery Ltd of Korea will build it three container ships for delivery in 1996. The ocean, rail and truck container distributor said a recent debt offering and internally generated cash
          Bloomberg Business News  -  91 words
        • 100 52 Bloomberg Business News MIAMI Carnival Corp said on Monday it ordered a new USS22S million cruise ship for its Holland America unit. The as-yet-unnamed 1,266-passenger vessel will be built for delivery in the spring of 1996 by Italy's Fincantieri shipyard. Fincantieri already has built the
          Bloomberg Business News  -  100 words
        • 116 52 KnightRidder WASHINGTON United Airlines Ine has offered its unions an opportunity to buy just over half the company's shares, the Washington Post reported in yesterday's editions. Citing sources close to the negotiations, the Post said the offer was coupled with a provision that could
          Knight- Ridder  -  116 words
        • 100 52 AFP HANOI Vietnam Airlines has seen a major increase in passengers this year, with figures already over the one million mark, and expects to meet its target of 1.1 million by year's end, the communist party newspaper Shan Dan said on Monday. Vietnam Airlines carried
          AFP  -  100 words
        • 47 52 IN THE report. "P&O enters priority berthing agreement with PSA", in Monday's Shipping Times, it was said that the minimum annual transhipment volume for a single operator was 200.000 20-ft containers. The Port of Singapore Authority has clarified that it should be 225,000 boxes.
          47 words
      • 418 52 AP SEAT TLE Boeing Co said on Monday that Ron Woodard. a 27-vear company employee, would take over as president of Boeing's Commercial Airplane Group, the company's largest division, immediately. He succeeds Dean Thornton. who will continue serving as executive vice-president of the parent company until
        AP  -  418 words
      • 381 52 Bloomberg Business News PARIS Aerospatiale chairman Louis Gallois wants the existing accord between the US and European Community on aircraft subsidies to serve as a model for any new world trade accord, Mr Gallois told journalists here. That accord
        Bloomberg Business News  -  381 words
      • 1754 52 ETA nm ETD SQ227 2030 Amsterdam KL83I 1030 SQ324 2230 GA895 1450 KL832 2335 Athens SQ347 1730 Ayr Mud NZ2I 1710 MZ22 1840 SQ285 2045 E23M GF148 0650 B Sari Begawan BI421 1105 SQ182 0915 SQ181 1410 BI422 1205 B1429 2030 BI430 2125 Bangkok SQ69 1145
        1,754 words
      • 281 52 Bloomberg Business News LOS ANGELES The airlines won a round on Monday in the fight over higher airport landing fees. Judge A Wallace Tashima of the US District Court in Los Angeles decided not to dismiss the airline industry's challenge to a
        Bloomberg Business News  -  281 words
      • 179 52 Bloomberg Business News FRANKFURT British Airways pic said the recent fare cuts announced by German state-owned carrier Deutsche Lufthansa AG were "madness". "The fare war initiated last week by Lufthansa is seasonal madness," said BA's chief financial Officer Derek Stevens at a presentation
        Bloomberg Business News  -  179 words
  • Page 33 Advertisements
    • 9 33 PERSONAL FINANCE INVESTMENT I Every Saturday in Business Times
      9 words
    • 28 33 Un«s and services represented by ffigtk Members of the Registry of Accredited Shipping Agents, Singapore National Ship- Ujft ping Association. for advertising enquiries, contact Shipping Tunes: Tel 740-2089/740-2090
      28 words
    • 446 33 VISA FREIGHT SERVICES PIE LTD 1 THE TOTAL TRANSPORTATION PEOPLE S 1800 *****66 Cruising in Asia: Passage to prosperity? Pg 18 Malaysia to make German amphibious planes next year, Back Pg KB SHIP WITH US AND GO AWAY Keep shipping your export Hilton International Singapore LCL cargo BCS and you
      446 words

  • Page 34 Advertisements
    • 477 34 TSKUNE AGENCIES (S) PTE. LTD. rI 1 jr wmTp Tel: 226-3363 hP*5 i 9 3 9 J\ 9 JLJJ\Hr 226-1972/3 V~Sk>i j -"J w Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 EXPORTS TO HOWfiKOWfi. MANILA. M j BHB "WBtt WEEKLY" I wt" "w «r —srT~Tfi~~ffi
      477 words
    • 1610 34 PBS EXPORT I MMCT TO URA WMT COART (RCX-RPOM CAUFOWMIA iHWWB ~l TO RAT —WRAIMAII IWIU. COWTMWCT MMHCP 1 J&Stl Li gtt_ H» 1 9Ji Ml UMlflrf BK T ttJOW IMB WT M 1 tT« 1 fIKW 1 BTMI IHUMBMI HMI UWHM) MM LMWft IM fflfftMW WWW CALIFORNIA SATURN 61
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  • Page 35 Advertisements
    • 2254 35 H OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES JARDINE BHIPPING AGENCIES SDN. BHD.^^ TEL' *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX 03-*****42 DOCUMENTATION TEL *****55 (INWARD)/*****90 (OUTWARD) PENANG T |L. *****4 FAX. *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 JSj* c inDUCI CFS IPSA F5) TEL *****21/
      2,254 words
    • 1000 35 ■UimHMIM FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS MAERSK ALGECIRAS V.9402 ETA SIN 13TH DECEMBER 1993 MAERSK HAMBURG V.9402 ETA SIN 13TH DECEMBER 1993 vtmm Voy ETA ETO F—Our t>y SL [rT™ DESTINATIONS Th>» MAYVIEW MAERSK V 940? cv —14/1? oax MRS CFS 13/12 2359 MRS JOM LPK PEN OAK IGB SFO MEM
      1,000 words

  • Page 36 Advertisements
    • 1612 36 AQABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH S TON H BURG A WERP HAVRE WEST MALAYSIA ELBE 19/148 8/12 27/12 30/12 28/12 Port Ketang. Penang HANNOVER EXPRESS 17/348 12/12 20/12 27/12 29/12 2/1 4/1 6/1 Pasir Gudang THAMES 20/149 15/12 2" 5/1 4/1 EAST MALAYSIA
      1,612 words
    • 583 36 cnzi^ss FCL Breakbulk Service to: AFGHANISTAN MftM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT<s>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN CGM KORRIGAN V.2433 IN
      583 words
    • 1243 36 NORASIA 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 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 I NORASIA MUBARAK 9350 3 29/12 19/01
      1,243 words

  • Page 37 Advertisements
    • 1997 37 W STRAITS SHIPPING PTE LTD Ho€ Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific une QFHSH (A BERVICE OF CHINA NAVIGATION CO) CARGO OUC SAILS JAJAMWOOtt V 29€ Muara, lib OS-09 Dm 09 Dec 11 Dec FCL. LCL CONTAINER AMO MEAKBULK SERVICE TO PAPUA
      1,997 words
    • 2703 37 .< SINGAPORE AGENT: S <r* j P&O Containers (Singapore Agencies) Pte Ltd JL CXV>J jiflfLrtf ||y«l 10 Hoe Chiang Road #07-01 Keppei Towers, Singapore 0208 Tel: 225 2233 Te,ex; RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSCL VOY 'PNO -PKO S ALO SOU ANT
      2,703 words

  • Page 38 Advertisements
    • 554 38 IP GENERAL AGENT C R NO *****81-***** EKA JAYA AGENCIES Vlr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE L-HYANMAR TBAPE PASEH HANPPHQNErPffIECT WILLIAM WEE 2TO6M BMMMBI J MAMQJ HO CHI MINH CITY HENWY HOE 21W624 KELVIN CM AH 2U9923 MH7a/M?a« TO MYANMAR/YANGON SEMI CONTAINER SERVICE M OCEANLINES
      554 words
    • 1772 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FM VSI »T~| IK HAUL S£A TV* «X FM VSI SM IM HAH SAV IM NYC HANJIN VANCOUVER 015 C 10/12 MtfCT 30/12 31/12 1/1 HANJIN VANCOUVER OIK 10/12 M PROSPERITY 0331 13/1 14/1 U/l HAMM
      1,772 words
    • 1449 38 d I cT-T3"EP"i^ I nt scr KSS wc us PUS WT 0» NCT 9U TTO UU CKS B*l NTC LHV um MM w «c ra> CM m scr I |La«r«-K0 7/12 MfT 13/12 15/1? 17/1? 20/12 21/1? 23/12 24/1? 20/12 2S/12 7/1 H/l 21/1 22/1 1/2 2/2 3/2 4/2 5/2
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  • Page 39 Advertisements
    • 2582 39 PLEASE CALL II II l| NEPTUNELINK (1800 *****00 TOLL-FREE) II MM FOR THE FOLLOWING INFORMATION: HiM H VESSELS ETA/ETD/EXGHANGE rates/shipping services/ HI ■I FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ ■I II AVAILABILITY OF DOCUMENTS FOR COLLECTION Hi HI *M Connecting Hap tuna Cyprtne Voy 09C In HKG 08/01/94 I *12 Connecting
      2,582 words
    • 1153 39 fl SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 fa/Ok BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 B I m M MARINE INSURANCE: INVENTORY: *****59 W lIVI W n AGENTS:
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  • Page 40 Advertisements
    • 1637 40 44 f f AS AGENTS "K' LINE (SINGAPORE) PTE LTD (CR Mo: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I MALAYSIA •1" LINE MARITIME (MALAYSIA) SDN BHD M 4 W*J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA P.T. SARANA LAUTINTERNUSA, TEL JKT *****08
      1,637 words
    • 1029 40 PHI LI-ORIENT LINGS PTC LTP 1 08 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 AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 11 DEC SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 11 DEC AUCKLAND, WELLINGTON. LYTTLETON, NEW PLYMOUTH, NAPIER. CHRISTCHURCH
      1,029 words

  • Page 41 Advertisements
    • 1038 41 PACIFIC INTERNATIONAL LINES (PTE) LTDI 140 Cecil Street. #03-00 PIL Building. Singapore 0106 CR NO: **********06 VESSEL VOY SIN BKK SIN VESSEL VOY SIN JUT SIN SINO MARINE KM 11/19 14/19 ia/M MAJAPAHIT 3601 12/12 15/12 19/12 sinu MARINE 2SN 11/12 14/12 18/12 BUNQA TERATAI 3603 14/12 17/12 21/12 KOTASABAS
      1,038 words
    • 1424 41 I vtssns voy ygit haacurg rotteroam Antwerp Thames le harve HANSA CMIWI 7331W 01/1? 31/1? 02/01 03/01 04/01 04/01 Wilt Pt SUS 9131W It/1? 09/01 U/01 1? 01 13/01 15/01 HEH.AS MACEDOMA 9431W 22/12 U/01 70/01 21/01 01 ?4/01 WILE D AQUKA 7531W 27/12 22/01 24/01 25/01 77/01 23/01 •AISO
      1,424 words
    • 403 41 BSfl A, mm MYANMA PAWk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KIc Pen P.Gdf PAGAN V2O3W 10/12 0«c MERGUI VI2IN 14/16 Dec rt»A AN VI96W 23/26 Dec MAIHTSIA AGENTS BOUSTEAD SHVPMG AGENCCS KUL TEI 03 *****00 PW TU 03 3(1(7(7 PEN m 04 (1(135 PGO
      403 words



  • Page 44 Advertisements
    • 2952 44 Full Container Liner Services Malaysia s Agents: Indonesia 's Agents: j General Agents: Booking Agents: Gtun Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn SM 58 Pervortn Kaja Modi Musa Lot 3.34, 3rd Floor, 11.
      2,952 words

  • Page 45 Advertisements
    • 634 45 (tt FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 13/12 ROTTERDAM 13/12 AARHUS/COPENHAGEN 13/12 HAMBURG/BREMEN 13/12 MARSEILLE/FRANCE 14/12 FELIXSTOWE/UK 13/12 BARCELONA/SPAIN 9/12 LEHAVRE/FRANCE 13/12 GENOA/ITALY tl/12 ANTWERP/BELGIUM 13/12 LOS ANGELES/WC/IPI 12/12 SYDNEY/MELBOURNE 12/12 NEW YORK/EC 10/12 FREMANTLE/ADELAIDE 10/12 VANCOUVER 10/12
      634 words
    • 1549 45 I m u VE3BEL VOY SIN JKT g 'vESSEL [""vOY SIN PEN I^| I WANA BHUM M Wad_ Jn_Pt Set__ll/12_ g SEROJA 740N Fri 10/12 Sat 11/12 Bg[VESSEL VOY SN BKK j| CHA.YA BHUM MS Fri 10/12 —Tua—14/12_ M Fri" 10/12 Tua 14/12 MAMA BHUM H7N Wad »/12 Sat 11/12
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  • Page 46 Advertisements
    • 1702 46 PAIMN CONTAINER LINES I MAC-NELS SPORE: *****22 (24 UNEB) U v 'c/B Noe IMB7SOOOOC SIBU (064) *****9 KUCHINQ (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 10/12 11/12
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    • 180 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD lift CM (1* STOH rail UIMK KNAAG am inx is 12 loading toe Ma* MVM MUDHU 24'17 DnclUfgfflg and loading to» Bombay DOIFHN 9/12 loading Toe Maknofux SlfttMl 14/12 11/12 loading fo» iUr UHWEDN 20 12 Loading (oi Male ntoosss IKRIf 18
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    • 1035 46 P THONG SOON UNES PTE LTD I 78 SHENTON WAY #10-01. SINGAPORE 0207 I I Vy W TEL: 227 5088 FAX: 227-6011 I I N V_ TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I 4 rmo—o moo*i SINGAPORE TO SARAWAK VESSEL VOY S PORE PEST VESSEL VOT S
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  • Page 47 Advertisements
    • 810 47 WSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPT## BttMBUIK SOC CAAGOES TO/FROM K0«. YOKOHAMA, NAGOYA. HOI. TOKYO*, MANU*. DAVAO* Penan(* P. Kelanj Singapore E'Msia* SHAPLAEVERETT VIBE 20/21 D«c 22/23 Dec IVYEVERETT V7E 16/17 Jan KARAHEVERETT VISE 23/24 Jan 25/26 Jan ACCEPTING MEAKBUU/FCI/SOC CARGOES TO/FROM CWTTAGONG, CALCUTTA AND UOMGLA* Singapore P.
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    • 364 47 Pi &ORY NAVIGATION GROUP 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 6/12 8/12 26/12 TIMBER GLORY 15/12 27/12 SP PKL HCM HK KAO GLORY SELATAN VII 10/12 12/12 19/12 •ALSO LOADING IN SINGAPORE
      364 words
    • 523 47 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vtsstt "loT""" sh hmoi MAKRAN 143HW 12/12 22/12 BOIAN 136 HW 76/12 04/01 HYDERABAD 125 HW 11/01 20/01 SARGOOHA 138-HW 23/01 01/02 FAR EAST CONTAINER SERVICE ONLY VESSEL TOY* sm KG BSN OSA WAG "yOk"""" SARGOOHA 137-OW 21/12 25/12 23/12
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    • 781 47 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH HUAQINGHE V4B/49 19/12 OS/Ol OS/Ol FEN ME/33 04/01 20/01 23/01 ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO LCL CONSOL SIN TO DURBAN/ P. ELIZABETH SIN TO MADRAS VESSEL SIN MOS SIN TIGER
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  • Page 48 Advertisements
    • 792 48 HONG KONG/CHINA 12/12 JAKARTA 12/12 BANGKOK 12/12 MANILA 12/12 BUSAN 12/12 KEELUNG 12/12 TOKYO/KOBE 13/12 KAOSHIUNG 14/12 PORT KELAN6/PENAN6 13/12 YOKOHAMA 12/12 COLOMBO 13/12 FELIXSTOWE/HAMBURG 12/12 CHITTAGONG/MADRAS 16/12 ROTTERDAM/LE HARVE/ANTWERP 12/12 BOMBAY/KARACHI BARCELONA. MARSEILLES. GENOA 12/12 lax/nyc 12/12 sydney/melbourne 16/12 J7= CMT LINER EXPRESS AGENCIES PTE LTD «sgBfi r HOT-LINE
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    • 355 48 Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 14TH DECEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 10 DEC PORT KELAN6 10 DEC JAKARTA 12 DEC BANGKOK 11 DEC HONGKONG 12 DEC MANILA 12 DEC FREMANTLE 16 DEC MELBOURNE 11 DEC SYDNEY 11 DEC 11 DEC I 'ACCEPTING TO ALL
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    • 402 48 This Week's Sailings Singapore I To: ETD ETD \£SIS" Singapore Singapore ,s 9002 BV LRQA EVERY EVERY Bangkok SUN Jakarta SUN CBU EVERY EVERY /&^&\\~kJr Manila SUN Ho Chi Minh FRI ISIRjS) JL EVERY EVERY %-V Colombo TUE Uimassol THUR LJgL-J| INTERNATIONAL SEA FREIGHT FORWARDING Tel: Fax: AND LOGISTICS SERVICES
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    • 112 48 0 NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAM.VNAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH >/NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI, SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
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  • Page 49 Advertisements
    • 1290 49 jmapg— CRYSTAL FREIGHT SERVICES PTE LTD »illTf TEL NO: *****88/*****88 asiam ports mmmum/MiULUiI eukqte RANRKOK 19/1? AUCKLAND 14/12 ANTWERP 13/12 BUSAN 12/12 ADELAIDE 23/12 FELIXSTOWE 11/12 HONG KONG 15/12 BRISBANE 14/12 HAMBURG 13/12 JAKARTA 10/12 FREMANTLE 10/12 ROTTERDAM 13/12 SURABAYA 14/12 ifiiJl KEELUNG 15/12 SYDNEY 16/12 KAOHSIUNG 11/12 KOBE 12/12
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    • 217 49 £7 GINZA ORIENT SHIPPING CO. S.A. (GOSCO LINE) VESSEL VOV SIM YANGON GIN2A ORIENT 04/N IS 20 DEC 20 24 DEC G. STAR 05/N 20 25 DEC 25-30 DEC FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DEEPSEA SERVICE VESSEL VOY SIN ANTWERP TBN 01 N 10/lS DEC 5 10 iAN
      217 words
    • 256 49 rCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.19 PORTS VOY BUENOS MONTEVIDEO DURBAN JAKARTA MIMPORf MMMM] KAGOSHIMA YOKOHAMA VESSELS AIRES'" J OCKABRIST EBO3 SAMJO SAAED SAILED SAILED SAILED 29/11-07/12 10/12 PRtOZERSK EBQ4 SAAED SAILED 28/11 10/12 15/12 19-25/12 30/12 PAVLOGRAD EBOS 25/12-4/1 SAILED 17-18/12 31/1201/01 03 04/01 09/01 13 21/01 23/01
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  • Page 49 Miscellaneous
    • 173 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 0.9 1.0 1.3 1.7 2.1 2.4 2.5 2.4 22 1.9 1.5 1.3 1.2 12 1.3 1.6 1.9 2.2 2.3
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    • 129 49 Regionql LEGEND R Thunderstorm Temperature c A, V Shower Weather ->/ Wind direction with speed m knots Rom V/ Cloudy Sky Wove Surfoce Winds ore indicated by arrows which fly with the wind O O* l circle represents calm or light and variable winds One hotf Heche represents 5 knots
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  • Page 50 Advertisements
    • 698 50 J. VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA I VIGOUR SINGAPORE 68NB 10/12/93 18 12/93 j VIGOUR SINGAPORE 68ANB 13/12/93 18 12 93 I LOADING EVERY VIGOUR PACFIC 33N8 17/12/93 25/ 12/93 J FRID Y ANO MONO Y VIGOUR PACIFIC 33ANB 20/12/93 25/12/93 POftt KLAN6/M:NANa FULL VESSEL VOYAGE SINGAPORE PORT
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    • 383 50 ©APPENSHIP (3\ HAMBURG vTvy CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/LOADING FOR VASILIY KOVAL PORT SAID 19.11.93 SPORE 13/12 BKK 18/12 FORUM AKASAKA ANTWERP 05.11 93 SPORE 14/12 HARMONY SEA 13.11.93 SPORE 20/12 KOALA CONTAINER LINE STORE FIX HAM ROT
      383 words
    • 429 50 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Goangzt>ou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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  • Page 51 Advertisements
    • 895 51 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY m PKE I PGP VESSELS VOY_ SIN RTM ANT* LEH* HAM BREt FEI NORASIA MALACCA 9349 A 06/12 07/12 09/12 H. FRONTIER 308W 13/12 05/01 06/01 08/01 01/01 01/01 04/01 WW ADVANCE 033 A 13/12 14/12
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    • 477 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IHBOUHP VESSELS VESSEL VOY ST PI lIC RR COSaC TRAM* 42 2S/12 27/11 cosac HOMER 31 SLO FT SOMA! 24 11/12 1312 IAAI MIL AH 22 12/12 MAKE MOW 11/12 12/12 SEAL ARK 7» IS 12 SERI AREISM 12 2/1 4/1
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    • 904 51 JEDDAH/UK/CONTINENT I STORE ID S TON HVJRG RVAM LEH Aba kcaptni Cap fm HANNOVER EXPRESS 17/341 11/12 21/12 29/12 2/1 4/1 1/1 Soutfumptai :toal UK dntoubon Mint and DuMr THAACS 20/149 15/12 2/12 4/1 C/l Rotterdam :to 4 Antw«p Amjtwdan. 0* Hdsnki KAi 05/349 11/12 27/12 5/1 1/1 11/1 12/1
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