The Business Times, 17 December 1993

Microfilm: NL18968
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday December 17 1993 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 2.23 points
      54 1 Reuter NEW YORK Wall Street stocks traded higher into midday yesterday as the market continued to bounce back from the downside of the last two days. The Dow Jones industrial average however later lost its gains and at Ipm EST the index was down 2.23
      Reuter  -  54 words
    • Article
      Lock icon Bell Atlantic, Liberty, TCI delay signing
      77 1 Bloomberg Business News WASHINGTON Bell Atlantic Coip. Tclc-C'ommunica-tions Inc and Liberty Media Corp delayed the signing of a definitive agreement for their USS2I billion (SS34 billion) merger, citing the complexity of the transaction. The three signed a letter of intent on Oct 12 that
      Bloomberg Business News  -  77 words
    • Article
      Lock icon US sets rules for cleaner fuels
      69 1 Reuter WASHINGTON The Environmental Protection Agency, after nearly a year of debate, issued rules yesterday that require clcancr-buming petrol to be used in the nine smoggicst US cities beginning in 1995. The agency also proposed a regulation that would require 30 per cent of
      Reuter  -  69 words
  • Article
    MARKET SUMMARY
    90 1 Stock market indices I hurvdav hangc ST1I 2.285.99 +14.75 KLSE Composite. .1.112.59 -3.5 Nikkei 17.784.28 +300.13 Hang Seng 103.W.66 +344.40 SET Index 1 512.66 -6 40 Jakarta Composite ...553.36 +4.52 CLSA China B I 325.85 -15 71 AustAllOrd 2.074.8 +49 FTSE 100 3.311.2 4 32.4 1 hursda\ Fre*io«s
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  • Article, Illustration
    Lock icon January COEs breach $60,000 level
    537 1  -  By Dexter Lee SINGAPORE Prices of January's certificates of entitlement (COE) have risen sharply, with several categories breaching the $60,000 level. Several car dealers said they would hold "emergency meetings" to work out the appropriate response to the new "stratospheric" COE prices. To car buyers,
    Compiled by BT  -  537 words
  • Article
    SPH is latest to make changes on foreign share limit
    592 1  -  By Joyce Quek SINGAPORE Singapore Airlines has done it. So have DBS Bank, Keppcl Bank and United Overseas Bank. They have all amended their articles of association to allow them to better manage their foreign shareholding limits. Singapore Press Holdings
    592 words
  • Article
    All HK talks are off: Beijing
    203 1 BEIJING China announced yesterday that all talks on Hongkong's political future were off and warned that any electoral laws passed by the colony's assembly would be scrapped when British rule ends in 1997. Foreign Ministry spokesman Wu Jianmin said the submission on Wednesday of
    203 words
  • Article
    Lock icon China to open retail sector to foreigners next year
    260 1 Bloomberg Business News HONGKONG China will throw open the doors to its retail sector next year in a bid to lure more foreign joint venture chain stores into the country, the official China Daily reported. China's Internal Trade Minister Zhang Haoruo
    Bloomberg Business News  -  260 words
  • Article, Illustration
    Lock icon Record highs for S'pore, HK, Manila
    251 1 SINGAPORE The bull run on regional bourses continued yesterday, with three of them ending at record levels. In Singapore, selected buying of blue chips pushed the Straits Times Industrials Index up 14.75 points to a fifth successive record of 2,285.99. The index has now
    Source: Bloomberg  -  251 words
  • Article
    Vickers Ballas fixed-price shares subscribed 30 times
    433 1  -  By Abdul Hadhi SINGAPORE The fixed price portion of stockbroker Vickers Ballas Holdings' initial public offer has been subscribed by about 30 times, according to preliminary figures provided by manager Citicorp Investment Bank (Singapore). However, until late last night, there was still no
    433 words
  • Article
    The stockmarket wallflowers that bloom and bloom
    100 1 Familiar blue chips arc not the only shares that are sizzling in this year's unprecedented bull-run in the Singapore stock market. In fact, what has set the local market afire is the spectacular performance of one-time laggards and second-lin-ers. In BTs Personal Finance
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      210 1 I ASIAN'S H>l I I COMPUTER PRINTER I RIBBON MANUFACTURER I CONTENTS Sport News 2 £pws?sa'.._. 19,20 Regnal News 3-5 Financial 23.24 Wort) News »11 Features Markets Amiyss 17 CWI/KLSf. SES 2»30 E Atonal 16 Regional 26 Sports 15 World 26 TV/Lilestyte 13 Currencies 24 Regional Focus 6 Smw/Commo 25
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      9 1 Advertising: Pg m Local agency folds after 25 yrs
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      34 1 Hock Lock Siew: Pg 19 Money power of po Gatt: The horse trading begins With the Uruguay Round's Final Act approved, negotiators now face a new deadline to make hard marketopening commitments Back Page
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      13 1 The Bottom Line: Pg is Myanmar's peace means progress Fuller report Page 4
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      35 1 M Jf f/ > Tel: 250 8070 Fax: 250 8471 Graft fighter is new South Korean PM, Pg 4 Fuller reports. Pages 26-30 X HUBLOT Hublot a Sensational Feeling on Your Wrist. i MDM GENfA F
      35 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Rising labour cost
        303 2  -  By Ven Sreenivasan WHILE the unit business cost (ÜBC) for the manufacturing sector fell in JulySeptember for the fourth straight quarter, the unit labour cost (ULC) for the overall economy inched up. The ÜBC index for the third quarter fell by 2.3 per cent, the same as
        Source: Dept of Statistics  -  303 words
    • NEWS ROUNDUP
      • Article
        S'pore, UAE in tax accord
        55 2 THE United Arab Emirates and Singapore have signed an agreement to stop tax duplication, according to the Emirates News Agency. The pact said to be the first of its kind between Singapore and an Arab nation will set out taxes and tax exemptions on money
        55 words
      • Article
        Thomson units receive ISO 9002
        79 2 THOMSON Television Singapore and Thomson Television Indonesia have received the ISO 9002 certification for their quality management. The certification covers two of Thomson's factories in Singapore and one in Indonesia. These are the Thomson Television Singapore factory at Kallang, which makes colour TVs and decoders;
        79 words
      • Article
        New missile system unveiled
        46 2 DEFENCE MINISTER Yeo Ning Hong yesterday unveiled Singapore's latest air-defence equipment, the Mistral Weapon System. He did it during a visit to the 18th Battalion of the Singapore Air Defence Artillery at Seletar East Camp. Mistral is a portable, short-range missile system.
        46 words
    • Article
      Singapore is world's third best investment spot, says Beri
      473 2  -  Republic shares ranking with Taiwan behind Japan, Switzerland By Anna Teo JAPAN and Taiwan have swopped places in US consultancy firm Business Environment Risk Intelligence's (Beri) latest ratings on the world's best investment spots Singapore is now joint third with Taiwan
      473 words
    • Article, Illustration
      NTUC FairPrice to remain a cooperative
      462 2  -  Main task to supply essential consumer goods at reasonable prices: Dhana By Teh Hooi Ling NTUC FAIRPRICE will remain a cooperative, says Trade and Industry Minister S Dhanabalan. It will not be corporatised or seek a public listing. Instead, it will look for ways
      462 words
    • Article
      BG Yeo: Asean must help local media firms grow
      401 2  -  By Sylvia Wong ASEAN countries should encourage the growth of local media companies which can take on their giant Western counterparts, says Information and Arts Minister George Yeo. He cited this as a way to promote Asian values and counter the
      401 words
    • Article
      South African Airways beefs up service to meet demand
      262 2 SOUTH AFRICAN Airways has launched a third Singapore-Johannesburg service in response to growing demand for seats and cargo space. SAA Singapore manager Mike van Niekerk said yesterday: "This new flight was introduced because of the demand created by increased trade between
      262 words
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      88 2 ki jd ll—iLfc Japanese restaurant CW)S U M I B I A N charcoal yakinlku ''00<5TMM AT SIMBIAN HAVE A OOSy CHRISTMAS CELEBRATED AT SUMIBIAN WITH OUR TRADITIONAL CHARCOAL BARBECUE WITHOUT THE SMOKE Centwpoint Orchard Plaza m 9 A Orchard Point! —> —> orchard road Business Hours Specialists' ShpgJ •"ZST
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      13 2 I PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
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  • THE REGION
    • Article
      Lock icon Malaysian growth rate fastest in Asia after China: report
      589 3 Sixth Malaysia Plan: Mid-term review Bernama, Reuter KUALA LUMPUR Malaysia had the fastest growing economy in Asia over the past two years after China, a report introduced in the country's parliament said. Malaysia's gross domestic product in real terms grew 8.1
      Bernama,; Reuter  -  589 words
    • Article
      Lock icon Nationwide telecoms infrastructure to include latest technologies
      327 3 Bernama KUALA LUMPUR Malaysia will have an advanced nationwide telecommunications infrastructure using modern technologies, according to the mid-term review report of the Sixth Malaysia Plan. The report, tabled in the Dewan Rakyat yesterday, said the infrastructure would be developed to provide efficient, reliable
      Bernama  -  327 words
    • Article, Illustration
      Lock icon No Malaysian builder has applied for ISO 9000 certification
      372 3 KL condominium collapse MBT, Bernama. AFP KUALA LUMPUR Not a single Malaysian construction company, including those which build condominiums and other high-rise buildings, has applied for the ISO 9000 certification standard. The ISO 9000 standards, an international quality certification, were drawn
      MBT,; Bernama.; AFP; Reuter  -  372 words
    • Article
      Lock icon KL set for talks with Jakarta on no-passport entries
      311 3 Bernama. Reuter JAKARTA Malaysia is prepared to start immediate negotiations with Indonesia on a proposal to waive the use of passports by tourists from either country visiting their territories in the Northern Growth Triangle, the Malaysian chairman of the triangle. Daim
      Bernama.; Reuter  -  311 words
    • Article
      Lock icon Public bidding for Philippine oil firm's 23b shares on Jan 15
      246 3 Reuter MANILA The Philippines said it will hold a public bidding to sell 23 billion shares in Oriental Petroleum and Minerals Corp. the largest oil exploration firm in the country, on Jan 15. The shares represent 23 per cent
      Reuter  -  246 words
    • Article
      Lock icon Foreign firms, Manila govt to develop US army bases into tourist complex
      256 3 AFP MANILA An international consortium led by Taiwan's Tuntex Group signed a USSI.6I billion (SS2.B billion) joint venture yesterday with the Philippine government to convert former American military facilities north of here into a tourism zone. The accord,
      AFP  -  256 words
    • ASIA NOTES
      • Article
        Lock icon 119 Thais in hospital after gas leak
        80 3 AFP BANGKOK Over one hundred people were rushed to a hospital and hundreds more were affected after an ammonia gas pipe broke at an ice factory in the northern province of Petchabun, a medical source said yesterday. Some 119 victims of the gas
        AFP  -  80 words
      • Article
        Lock icon Indian bourses paralysed
        68 3 Reuter BOMBAY India's major bourses remained closed yesterday for the third successive day as brokers refused to trade until restrictions imposed on Monday were diluted while regulatory authorities said they were necessary bccausc brokers were doing "excessive speculation". There were no negotiations between the warring Securities and
        Reuter  -  68 words
      • Article
        Lock icon HK economy set to grow 5pc next year
        88 3 Reuter HONGKONG Hongkong's economy would grow about 5 per cent in real terms next year fuelled by robust performances j elsewhere in Asia, particularly China, the Hongkong and Shang- hai Bank's chief economist said yesterday. The bank's 1994 forecast of 5 per
        Reuter  -  88 words
      • Article
        Lock icon Paris Club to rearrange Viet debt
        83 3 Reuter PARIS The Paris Club of Western creditor nations has agreed a major reorganisation of Vietnam's foreign debt, the French Economic Ministry said on Wednesday. Vietnam has a hard-cur-rency debt of US$4.5 billion (557.2 billion), most of which >it has sought to reschedule. About
        Reuter  -  83 words
    • Article
      Lock icon Slow start to Batam projects, so Jakarta revokes 10 land licences
      178 3 Reuter JAKARTA Indonesia has revoked land licences issued to 10 companies, including a Japanese toy maker, for taking too long to start projects on its Batam Island duty-free industrial zone, an official said. "Some of the land licenses were
      Reuter  -  178 words
    • Article, Illustration
      Lock icon Anti-graft official Lee named S Korea PM to replace Hwang
      651 4 Reuter SEOUL South Korean President Kim Young Sam named chief anti-graft official Lee Hoi Chang as his new prime minister yesterday to replace Hwang In Sung, who quit earlier in the day. Mr Hwang said he was taking the blame
      Reuter  -  651 words
    • Article
      Lock icon Seoul to ease limits on investment abroad
      205 4 Reuter SEOUL South Korea said it planned to relax its restrictions on overseas securities investment by domestic institutional investors from next year. The finance ministry said limits on the amounts institutions, mostly securities houses, insurers and investment trusts, would be permitted to invest
      Reuter  -  205 words
    • Article
      Lock icon China to maintain tax breaks for foreign-funded ventures
      204 4 AFP HONGKONG Preferential tax policies for foreign-funded ventures in China will stay in place while domestic companies will be taxed at a uniform rate of 33 per cent, Jin Xin, director of state administration of taxation, said on Wednesday. Mr Jin, who
      AFP  -  204 words
    • Article
      Lock icon Taiwan resumes privatisation of three state firms
      255 4 AFP TAIPEI Taiwan is to resume efforts to privatise three state-run enterprises through auction and public offer, economic officials said yesterday. Taiwan's parliament on Wednesday gave the green light for the Economic Ministry to resume the long-shelved programme in which the ministry had
      AFP  -  255 words
    • Article
      Lock icon US poised to slash Chinese textile exports as talks on new pact fail
      264 4 Reuter BEIJING The US and China have failed to reach a new agreement on the export of Chinese textiles to replace one that expires at the end of the year, the official Xinhua news agency reported from
      Reuter  -  264 words
    • Article
      Lock icon Political row will hurt trade ties, China warns Britain
      660 4 HK seeks confirmation that talks are off Reuter, AFP, Bloomberg Business News BEIJING China warned yesterday that British trade tics with the world's most vibrant economy will become a victim of the furious row over political reform for Hongkong. Beijing was
      Reuter,; AFP,; Bloomberg Business News  -  660 words
    • Article
      Lock icon Deng will be in Shanghai for Lunar New Year
      163 4 Bloomberg Business News HONGKONG China's senior leader Deng Xiaoping will leave Beijing for Shanghai in the next few days to celebrate the Lunar New Year, the Tai-wan-backed Lien Ho Pao newspaper The movements of the frail, 89-year-old leader are closefy followed
      Bloomberg Business News  -  163 words
    • Article
      Lock icon Japanese economic reform panel urges income tax cut
      572 5 Bloomberg Business News TOKYO An income tax cut topped the list of economic support measures recommended by a blue-ribbon government panel in a muchawaited report given to Prime Minister Morihiro Hosokawa yesterday morning. The report was prepared by the Economic Reform Research
      Bloomberg Business News  -  572 words
    • Article
      Lock icon Japanese industrial output down record 5.5pc in Oct
      214 5 AFP, Bloomberg Business News TOKYO Japan's industrial output in October plunged a record 5.5 per cent from September, the International Trade and Industry Ministry said yesterday, revising the preliminary figure of 5.1 per cent, the previous record. The ministry said industrial production,
      AFP,; Bloomberg Business News  -  214 words
    • Article
      Lock icon Ex-executive in Tokyo's Recruit scandal acquitted
      194 5 UPI TOKYO The Tokyo District Court acquitted yesterday a former executive of the Recruit Co who was involved in a stocks-for-favours scandal that led to the downfall of former prime minister Noboru Takeshita's government. Masao Tatsumi, former head of the company's presidential secretariat, was
      UPI  -  194 words
    • Article, Illustration
      Lock icon Scream de la creme
      52 5 Reuter TOKYO Thirty-year-old housewife Juno kansaku plugging her ears as she screams i don't want to live with my in-laws' at 107.8 decibels in a year-end veiling contest held yesterday by a cough drop maker. A cook, Slasahiro Saga wa, won the contest with a 114.7d8
      Reuter  -  52 words
    • Article
      Lock icon Strong yen spurs Asian growth but hollows out Japan's industrial base
      310 5 Reuter TOKYO The strong yen is driving Japanese factories to move to lower-cost areas in Asia, spurring regional growth but raising Japan's unemployment and hollowing its industrial base, economists said yesterday. "The yen's upward swing triggered Japan's investment boom
      Reuter  -  310 words
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      125 3 Now when you purchase a Zenith Chronograph, you'll receive an elegant Zenith Pen and Letter Opener Set FREL. While stocks last. ZENITH SINCE 1865 Exclusively At: Above it Beyond Pte ltd I Maritime Square #02-101 Expo Qtewiy Tel. *****42 Cortina Watch Centre Pte Ltd #01-36 Raffles City Shopping Centre Tel
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      161 5 Japanese firms shed excess fat to stay competitive, Pg 6 „_■■-&'•■*?"s*~. t -a>;!L~ ■rffa/, jc? w; if •—-gw-, -*=>"*...72 Discreetly. As you would expect of the world's bred technology with the refinement of traditional and comfort. Equally reassuring is the 3 year Jaguar most sought-after marque, the luxury and British
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      76 5 Hungry for success Executive set lunch at only $32 French cuisine exclusively created by award-winning chef Christophe. Miss this and you miss the taste of success. For reservations, please call 739 3091. foe I (3§mt I C Singapore A Foci Seasons Riciwt Hotel p 1 Cuscaden Road, Singapore 1024. Tel:
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  • REGIONAL FOCUS
    • Article, Illustration
      Japanese firms shedding excess fat to stay competitive
      809 6 Academic says the worst is over for the economy TOKYO Their recession troubles complicated by the strong yen, Japanese companies have been forced to restructure, with many shifting operations to China and other parts of East Asia. At the same time. US
      809 words
    • Article
      Lock icon Tokyo's trade surplus shows signs of shrinking
      685 6 NYT TOKYO Japan's trade surplus. which has been a political sore point worldwide, has peaked and is starting to decline, according to a growing number of economists. The strongest evidence came on Tuesday when the government reported that the excess of exports over
      NYT  -  685 words
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      117 6 j HI I 1 NOW OPEN at CLARKE QUAY. M yi'anp Jjfcasup j(ou,, -fc/upafiore,s near itA K< f seg/ood restaurant 6a, (Ae rtoer Itftere toe're a// set to \J V X P? maAe- a Sjb/asA u/itA an eaxitinp variety jA cut&ine'. cTTiere s hoe sea/oot/ jbre/barc</ lottA tAe murutalf/c tint
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      88 6 wist wo 1 PN I CyL its kind il signp oBlB 1 qT D A[T lhc directions y° u can n YES I would like to tubicibt to Economic Buiinol Review Indonesia for 3months at $52/- (please pay before subscription starts) K-.: Address: Occupation Tel: l/C fa*: I enclose S*
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      436 6 THE AURORA 88: THE FIRST FOUNTAIN PEN EXHIBITED AT THE MUSEUM OF SCIENCE AND TECHNOLOGY. I jm 1 "JSJP ?I*'**. rf rr r 11 i Tb^ *1-.. X'' > 1919: Aurora *u founded. Since that year iu pent hare signed the moat significant page* of modern writing, finding a place
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      511 7 *4 t^taly. Home to the world s most beautiful objects. Including a bandbag made by a lake. When we our Duran scotch the to by bow cheaper on the other of rare These see no have been cured for long Take our Co mo by With vegetable extracts, which together
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  • THE WORLD
    • Article
      Lock icon Bundesbank holds key rates unchanged
      516 8 M 3 money supply target for next year lowered to 4-6 pc from 4.5-6.5 pc AFP, Bloomberg Business News FRANKFURT The Bundesbank held its key interest rates unchanged and lowered slightly its M 3 target for next year as part of its cautious policy to
      AFP,; Bloomberg Business News  -  516 words
    • Article
      Lock icon MPs urge more autonomy for Bank of England
      429 8 Reuter LONDON The Bank of England should be given more autonomy from government to pursue the objective of price stability but it should also be more accountable to parliament for its actions, a House of Commons committee said. An eagerly awaited report
      Reuter  -  429 words
    • Article
      Lock icon No UK rate cut before the New Year — economists
      329 8 No UK rate cut before the New Year economists Reuter LONDON British policymakers will not reduce interest rates by the end of the year despite fevered speculation in financial markets, leading economists said. "There has been a lot of ill-founded speculation that interest rates will be cut by the end
      Reuter  -  329 words
    • Article
      Lock icon Major's Irish peace bid is massive political gamble
      430 8 AP LONDON British Prime Minister John Major's huge political gamble to bring peace to Northern Ireland is a goal that has eluded all his 20th century predecessors. If he pulls it off and the Irish Republican Army agrees to end a quarter
      AP  -  430 words
    • Article
      Lock icon Bonn to take drastic measures to cover deficit
      166 8 AFP BONN There will be "drastic new economy measures" to cover a 7.5 billion mark (556.9 billion) rise in the German budget deficit in 1994, Chancellor Helmut Kohl said yesterday. He told a news conference that in the coming weeks the government
      AFP  -  166 words
    • WORLD WATCH
      • Article
        Lock icon Europe chemical industry's gloom
        56 8 Bloomberg Business News ZURICH The European Chemical Industry Association sees no sign of an economic recovery in 1994, as corporate earnings face growing pressure, the Wall Street Journal Europe reported. Low profitability and expectations of weak economic growth pushed chemical industry investment down by 14 per
        Bloomberg Business News  -  56 words
      • Article, Illustration
        Lock icon Fijian president Ganilau dies at 75
        76 8 Reuter SUVA Fijian President Ratu Sir Penaia Ganilau has died while undergoing treatment for leukaemia in the United States, government sources said yesterday. Mr Ganilau, (pictured) died at Washington's Walter Reed military hospital. His deputy, Ratu Sir Kamisese Mara, acting president of this South
        Reuter  -  76 words
      • Article
        Lock icon Cuts at Rhein-Main base: report
        71 8 AP FRANKFURT The US Air Force plans huge cuts at its Rhein-Main Air Base, whose history includes the Berlin airlift, hostage returns and the Bosnian airdrops, the military's newspaper said yesterday. According to The Stars and Stripes, the base commander predicted the size of the
        AP  -  71 words
      • Article
        Lock icon Germany rubbishes EC waste rule
        59 8 Reuter BONN Germany denounced yesterday new EC waste rules that will force it and other efficient countries to start throwing away more packaging garbage instead of recycling it. Environment Minister Klaus Toepfer outnumbered at an EC meeting that agreed on the recycling pact on Wednesday
        Reuter  -  59 words
    • Article
      Lock icon Dutch creating electronic city to promote high technology
      594 9 Reuter AMSTERDAM The Dutch microelectronics industry is looking to the small-town market places of the past to promote the world class technology of the future. The Electronic City Europe (ECE) project will group companies and institutions active in all afeas of the
      Reuter  -  594 words
    • Article
      Lock icon Clinton gives new details of health plan
      432 9 NYT WASHINGTON President Bill Clinton provided Congress with new details of his health plan on Wednesday, including proposals to finance it by requiring employers to pay for the care of millions of poor people and elderly people now enrolled in federal health programmes.
      NYT  -  432 words
    • Article
      Lock icon All MIAs must be accounted for before Viet embargo lifted
      257 9 Reuter WASHINGTON President Clinton has renewed a vow to seek the fullest possible accounting for missing Americans before erasing trade restrictions against Vietnam. In a Dec 10 letter released on Wednesday, Mr Clinton said he was "deeply committed to resolving
      Reuter  -  257 words
    • Article
      Lock icon Zhirinovsky told to withdraw remarks
      488 9 Aftermath of Russian poll Reuter MOSCOW Russian Foreign Minister Andrei Kozyrev has said he will not shake hands with ultra-nationalist leader Vladimir Zhirinovsky in parliament until he publicly withdraws his "fascist-style" remarks. Speaking on Russian television on Wednesday. Mr Kozyrev said Mr Zhirinovsky, whose Liberal
      Reuter  -  488 words
    • Article, Illustration
      Lock icon An anti-Semite whose father was a Jew
      396 9 NYT MOSCOW As a candidate for last Sunday's elections, Vladimir Zhirinovsky portrayed himself as a dyed-in-the-wool Russian, and he has made an-ti-Semitic remarks. But Moscow Jews remember him as a man who regarded himself as a Jew several years ago, and who for
      NYT; Reuter  -  396 words
    • Article
      Lock icon IRS outlines new rules to govern executive pay in America
      601 10 NYT WASHIN'GTON The Internal Revenue Service (IRS) proposed executive-pay rules on Wednesday that are likely to induce companies to emphasise stock options and to minimise cash compensation. The eagerly awaited regulations will put into effect the provision of the budget
      NYT  -  601 words
    • Article
      Lock icon European parliament adopts 1994 EC budget, spending up
      186 10 Reuter STRASBOURG, France The European Parliament yesterday adopted the European Community's 1994 budget, agreeing to increase spending by 4.3 per cent. Agriculture will get the biggest share of the budget as usual, about 50 per cent, but some development money under the
      Reuter  -  186 words
    • Article
      Lock icon Mexico's economy seen growing by up to 3.5pc in 1994
      330 10 Reuter MEXICO CITY Mexico's economy, expected to limp along with growth of less than 1 per cent this year, will recover in 1994 to expand between 2.5 and 3.5 per cent as investment helps propel growth, economists said. Most agreed
      Reuter  -  330 words
    • Article, Illustration
      Lock icon Salinas begins trip to China, Japan
      236 10 Reuter MEXICO CITY Mexico's President Carlos Salinas de Gortari began a week-long trip to Asia yesterday during which he will visit China and Japan. "The president of the republic departed this morning for the People's Republic of China for a state visit to that
      Reuter  -  236 words
    • Article, Illustration
      Lock icon US Defence Secretary Aspin quits for personal reasons
      619 11 Clinton said to have picked former No 2 CIA man as replacement Reuter WASHINGTON Defence Secretary Les Aspin is resigning from Jan 20 for personal reasons, saying "it's time for me to take a break". In a hastily called Oval Office appearance.
      Reuter  -  619 words
    • Article
      Lock icon Parliamentary report urges Paris to resume nuclear tests
      235 11 AP PARIS France must abandon its moratorium and conduct additional nuclear tests if it wishes to retain a credible deterrent, a parliamentary panel said on Wednesday. New tests were essential to ensure that France's nuclear weapons are safe and effective, the six
      AP  -  235 words
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      454 8 Away From The Hustle And Bustle a. Ring in Christmas cheer. Usher in the New Year. At 4th lio Estate Restaurant, where you feast on Yuletide favourites and gourmet fare in a lovely ambience, with fast, efficient service. Our festive menu offers a choice of: Christmas Turkey with Chestnut Stuffing
      454 words
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      Page 8 Advertisements Column 2
      230 8 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883* FAX:'74I-1298 Applications are invited from PILOTS possessing the following licences, I qualifications/experience I iMtife ATPL issued by UK, USA, CANADA, IRELAND, AUSTRALIA, NEW F ZEALAND with Instrument Rating and Aircraft Rating on A3lO-300. ■■pi Total Flying Experience of not less than 8000 hrs and
      230 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      164 9 BUSINESS TIMES/ANNE KLEIN FEMALE EXECUTIVE WORKWEAR PROMOTION /!iPIP% f* i K^^TP?«&s wmmtk i If you think of Business Times as a boring financial paper, you must be one of those who equates power dressing with stuffy suits and severe skirts. Here's a chance for you to change your thinking on
      164 words
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      Page 9 Advertisements Column 2
      85 9 V-r -'v- .11 mk J. out rid i £p|k x Jf| Put yourself in this man*s shoes and you'll soon something. comfortable. And like him, whether you're in the middle a or you'll always look great L< and feel good. Because when If* to one Hush Puppies. iffls* y m
      85 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      842 10 I ALFRED DUNHILL I Ikl \Jiot. s<£ ife,- >'j 4 S&-4 -H*W|^g,^T^ ■1 vH«^H *\fHftafl I f A v |f. ?v* ■■■■■■■■■■■■Bf v/w/m' Q)tw/n'// _/imi/i/mun mater -re*i*tu/tf *tev/ u/h/ /<?</yoA/ unite A nn'f/t xttfflJitr*- y/t\n —emtemfia/ fi/ottiny a noytjye. Oncv tun/entKiy, A<MiteiH r. ttmtMer h/ttelnet f ohii/ a/to <rv//<- t/>
      842 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      408 11 FOR SUCCESS IN Reaping rewards from investments in China a a need not be as difficult as it seems. For those M I JjL who know the game, profitable opportuM MM M m M m. nities abound and are ripe for harvesting Let our panel of China business experts help
      408 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      721 12 SfljioihiiigßeaisAßiid-fe^ OF m High Tea OK Every Saturday, Sunday and Public Holiday let our KJs help you on your feet and lead you to the stage. From 3.00pm to 6.(X)pm, ggg. Connections is High Tea OK with a delightful spread. Adult m SS 13.80++ *> Chikl SS7.50++ King's Hotel Clarion
      721 words
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      Page 12 Advertisements Column 2
      357 12 m m m mvmmmj WHERE TO WINE, DINE AND ENTERTAIN Make Up For Every Meal You've Had To Skip This Week zm n. <*-'W H If you've been living on a solid diet of work-and-not-much-else lately, give yourself a well-earned rest and head for the Pla/a Hotel's Seafood Theatre Restaurant
      357 words
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      Page 12 Advertisements Column 3
      428 12 A l|te LUNCH ACROSS A-J INTERNATIONAL A BOUNDARIES DURING frfi) DECEMBER Festive fare and variety. An irresistible combination that makes Top of the M a "must" r'V. lunch destination for December. I For reservations, please call 734 6151 739 8438. j Seasonal Buffet *V -m. 1 Dec 15 Dec -93
      428 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Nostalgia breathes life into art of movie posters
      718 13  -  Schutz Lee on an exhibition that takes you on a walk down memory lane Schutz Lee TEN or 15 years ago. Ham Weng Seng was like any other teenager hooked on the Star Wars movies made by George Lucas. While he has
      Photo by Chris Loh  -  718 words
    • Article
      Elton John's jewellery sold for £900,000
      165 13 LONDON British rock star Elton John sold jewellery which he is bored of wearing and worldwide interest pushed his takings over £900.000 (552.07 million), auction house Sotheby's said. After the auction in London on Tuesday. John, an avid collector and wearer of ornate jewels,
      165 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      436 13 CHRISTMAS NIGHT MENU (By Reservations Only) Vol Av Vent {Pastry salted puff shells) with Mushrooms Parma Ham and Melon "Capncoosa" m stuffed tomatoes Lamb stuffed Raviolis in Butter and Sage-sauce *Aosta VaUet style Lasagnas Spaghettis with Rock Lobsters sauce Roast Turkey Roast Potatoes Fish Fillet with Ofcves Butter Sauce Carrots
      436 words
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      Page 13 Advertisements Column 2
      73 13 Lobster Salad v i'^ with Fresh Fruit «< Shark's Fin with Spring Chicken fl* ''jjgre Deep Fried Prawns -> CL* /1 Red Fish with t\y y Soya Bean Crumbs I Sesame Lemon x Chicken |T \jL x, Seasonal Vegetable wo 1 with Black Mushroom-- */of\Q C.9^ Fried Noodles 17-7 I
      73 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1345 13 TV RADIO, J t Jose Carreras A Life Story, 9pm. SBC 12 on A mous opera singers in the B world. Shot in five countries, this programme also features I Luciano Pavarotti. Placido Domingo and Sir Colin Davis. Cloudburst. 3pm. SBC S w. 1 Robert Preston plays an ex- g/ggmtj^ES^^^m
      1,345 words
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  • ADVERTISING & MARKETING
    • Article
      Local agency folds after 25 yrs
      617 14  -  Sanjay Monsanto on the demise of once high-flying Advertising Associates Sanjay Monsanto The writer is a freelancer who contributes to BT LOCAL agency Advertising Associates has closed its doors after 25 years in the business. Managing director Kenneth Owen Landell-Jones said the agency was
      617 words
    • Article, Illustration
      Lock icon Parents hit back at toy advertisers
      748 14 NYT IT COMES as no surprise that toy advertising irks parents. But the reasons they give for their annoyance are as unexpected as frantic shoppers being able to find Mighty Morphin Power Rangers at Toys "R" Us on Christmas Eve. Conventional wisdom has it
      NYT  -  748 words
    • COPY LINES
      • Article
        S'pore entries win London awards
        78 14 SINGAPORE Five entries by Singapore creatives have bagged silvers at a prestigious London show. Jim Aitchison, Andy Clarke, Antony Redman and Norman Alcuri worked with typographers Grover Tham and Gordon Tan to clinch kudos at Typographers International Awards. The winning ads were for Mitsubishi Sigma
        78 words
      • Article, Illustration
        Phuket offering diving deals
        75 14 SINGAPORE The Allamanda resort apartments in Phuket is offering divers three packages at popular sites such as Ko Wao (west coast of Phuket), Shark Point or Ko Racha (south of Phuket). Phuket is a major springboard to all dive locations in the Andaman Sea. Being part
        75 words
      • Article
        Fancy restaurant campaign
        82 14 SINGAPORE Italian restaurant Prcgo recently launched a direct mail programme to mark its new location at the ground floor of the Westin. In the first of the mail campaign, three bright yellow boxes were sent to about 300 people. The first two were teasers, and the third
        82 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      203 14 QUALITY THAT LASTS CARAN JACHE GENEVE T A JLn the Autumn of 1791 A I W.A. Mozart created "The Magic Flute". j A masterpiece of most outstanding character. A composition of such profound technical and emotional sensitivity that even two hundred years after its conception its chords still reverberate as
      203 words
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      Page 14 Advertisements Column 2
      210 14 MAXlnMama you are not using the radio as an advertising medium, you could be missing out J I on one of the most personal selling tools for your business. Be personal to be persuasive! Find out what radio does best and benefit from iL I Robert Doddemeade OH Creative Use
      210 words
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  • SPORTS
    • Article
      Lock icon Fifa to redraw groupings
      564 15 World Cup '94 AP LAS VEGAS Just days before Sunday's World Cup draw, soccer's world governing body is ready to redraw the structure of the groupings. Apparently concerned that several teams from the same regions could wind up in the same group conceivably, Brazil or Argentina
      AP  -  564 words
    • Article
      Lock icon Pele row may mar World Cup
      367 15 Reuter LAS VEGAS Fifa officials are working frantically to patch up a major row between its Brazilian president Joao Havelange and Pele, which is threatening to overshadow this week's World Cup draw. Pele, regularly used by Fifa in promotional work because of his high
      Reuter  -  367 words
    • Article, Illustration
      Lock icon Faldo all out to improve play
      586 15 World Championship Golf AP MONTEGO BAY. Jamaica Nick Faldo was on the practice tee in his barefeet Wednesday. The Englishman isn't exactly thrilled with the results of his globetrotting this year, but things aren't so bad that the world's top-ranked golfer can't afford shoes.
      AP  -  586 words
    • Article, Illustration
      Lock icon The Piranha hopes to make a comeback
      712 15 NYT MONTEGO BAY, Jamaica Back when he was cutting a jfade swath across the golf landscape, when his hair was darker and his putting stroke steadier, they had a name for Curtis Strange. They called him Piranha, ind he was everything the name
      NYT  -  712 words
    • Article, Illustration
      Lock icon Charge of the Bulls
      132 15 AP BOSTON Horace Grant scored a career-high 31 points and added 15 rebounds and four blocks as the Chicago Bulls beat Boston 108-98 Wednesday night for their seventh victory in eight games. The Bulls outrebounded the Celtics 52-36 and led throughout the second half as they
      AP  -  132 words
    • SIDE LINES
      • Article
        Lock icon Newsweek sponsors Asian golf tour
        194 15 Bernama KUALA LUMPUR The Asia-Pacific Golf Confederation (APGC) announced yesterday that Newsweek International has been confirmed as the overall sponsor for the 1994 Asian Tour. The series, renamed the Newsweek Asian Tour, will have a total of 10 tournaments offering over USS3.S million (555.6 million)
        Bernama  -  194 words
      • Article, Illustration
        Lock icon A jump to victory
        38 15 ST MORITZ, Switzerland Japanese Kenji in action to win the ski jumping section of the World Cup Nordic skiing event held on Wednesday. Ogiwaca became overall winner of the event. AFP photo AFP photo
        AFP photo  -  38 words
      • Article
        Lock icon Daly to miss out on 12 events in '94
        153 15 AP TRUMBULL. Connecticut John Daly, suspended last month by PGA Tour commissioner Deane Beman after picking up his ball during the Kapalua International in Hawaii, will miss the first 12 events of next year, according to Golf World magazine. Daly, currently
        AP  -  153 words
      • Article
        Lock icon Sampras, Graf named '93 champions
        214 15 AFP LONDON American Pete Sampras and Germany's Steffi Graf were named 1993 world champions by the International Tennis Federation here on Wednesday. Sampras, 22. received the award for the first time mainly for his wins at Wimbledon and the US Open. Graf won her fifth
        AFP  -  214 words
      • Article
        Lock icon Watts' robbed of two gold medals
        140 15 AFP INGLEWOOD. California Armed robbers held up relatives of Olympic runner Quincy Watts, making ofT with the sprinter's two gold medals from the Barcelona Olympics. Police said Watts was not at the house here on Tuesday night when the robbery occurred. Watts' grandmother and
        AFP  -  140 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        38 15 Reuter NEW YORK NBA on Wednesday: Boston 98 Chicago 108; Philadelphia 101 Denver 93; Minnesota 95 Utah 97; San Antonio 111 Portland 91; Phoenix 110 Golden State 104; LA Clippers 110 Orlando 109; Sacramento 95 Milwaukee 96.
        Reuter  -  38 words
      • Article, Illustration
        Lock icon Cricket
        77 15 AFP MELBOURNE Australia denied a brave New Zealand fightback to win their limited-overs cricket match by three runs here late yesterday. Australia scored 202 for five off their 50 overs, and in reply the Kiwis were 199 for nine with all-rounder Shane Thomson, playing his first one-day game in
        AFP  -  77 words
      • Article, Illustration
        Lock icon Golf
        40 15 AP COOLUM. Australia U*****,000 C oolum (lassie leading first-round scores on lliursday (Australian unless stated): 67 John Freeman (US). Stephen Scahill (NZ). Mike Colandro (US). David Ecob 68 David Diaz. Tony Carolan. Shane Tait. Peter Senior. Steve Conran. AP
        AP  -  40 words
      • Article, Illustration
        Lock icon Soccer
        172 15 Reuter AFP LAS VEGAS l*roposed re-seed-ings for the 1994 World Cup draw on Sunda) Croup one: Germany. US. Argentina. Italy. Brazil. Belgium. Grp two: Spain. Russia. Ireland. Romania. Netherlands. Bulgaria. Grp three: Cameroon, Morocco. Nigeria. Bolivia. Colombia. Mexico. Grp four A. South Korea. Saudi Arabia. B. Sweden. Norway. Greece,
        Reuter; AFP  -  172 words
      • Article, Illustration
        Lock icon Ice hockey
        47 15 Reuter NEW YORK NIIL on Wednesday: NY Rangers 5 Hartford 2; Tampa Bay 4 Ottawa 3; New Jersey 4 Boston 5; Toronto 0 Anaheim I; Florida 3 Montreal 3 (OTV, Dallas 2 Chicago 3; Edmonton 7 Vancouver 2; San Jose I St Louis 3. Rcuter
        Reuter  -  47 words
      • Article, Illustration
        Lock icon Squash
        100 15 Reuter BOMBAY Top seed Brett Martin clinched a semifinal placc in the International Squash Challenge on Wednesday at the expense of room mate and training partner Rodney Eylcs. The two Brisbane players, ranked fourth and sixth in the world respectively, have been below par in the tournament after a
        Reuter  -  100 words
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  • Article
    Zany Zhirinovsky
    501 16 EDITORIAL VLADIMIR ZHIRINOVSKY'S victory in Sunday's Russian parliamentary election has been a serious blow to President Boris Yeltsin's ambitious economic reform programme. The president staked his prestige on doing well at the polls. But the poor showing of his reformist camp was a clear rebuff from an electorate
    501 words
  • WHAT THE OTHERS SAY
    • Article
      A chance not to be missed
      208 16 CIRCUMSTANCES have placed Japanese Prime Minister Morihiro Hosokawa in a unique position to bring about change. The public's unhappiness with the mon-ey-tainted political system is clear. Thus, when Mr Hosokawa assumed office, making reform his top priority, his popularity rose to a level unprecedented
      208 words
    • Article
      A new era for world trade
      124 16 WE LOOK FORWARD to a successful conclusion to the Uruguay Round of the Gatt trade talks. For small countries like Singapore, the pact is vital. As BG Lee Hsien Loong said, the success of the Gatt negotiations will be a great relief for Singapore.
      124 words
    • Article
      New TV station: rethink urgently
      207 16 THE LONG-AWAITED prospect of Thailand having privatised broadcast media is finally taking a step closer to reality with the Cabinet considering the draft terms of reference (TOR) for two new UHF television networks. But after more than a year since former prime minister Anand Panyarachun
      207 words
    • Article
      Lifelong politicians needed
      161 16 WITH THE resignation of the Minister of Defence, Dr Yeo Ning Hong, the issue of the shortage of political leaders in Singapore has become more prominent. After the successful transition of political leadership from the first-generation leaders to the second-genera-tion leaders, many ministerial staff have left in
      161 words
    • Article
      Withdraw in good faith
      157 16 FROM THE START, it was clear that for the peace agreements between Israel and the Palestine Liberation Organisation (PLO) to be successful, there would have to be strong evidence of changes on the ground. The accords state that the Israelis should start their withdrawal from Gaza
      157 words
    • Article
      Tie pensions to contributions
      185 16 THE GOVERNMENTS apparent U-turn on pensions is unlikely to end the controversy over the administration's responsibility for guaranteeing the welfare of Hongkong's elderly. Having rejected repeated Legco calls for a central provident fund (CPF), the government is likely to propose an old-age pension scheme based on
      185 words
  • Article, Illustration
    Lock icon The danger of the clown turning Russia into a circus
    876 16  -  In the light of last Sunday's elections in Russia, William Pfaff says that the West has helped to arouse an irresponsible nationalism there William Pfaff IHT THE TIME has come for Western governments to rethink their efforts to do good
    IHT  -  876 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      106 16 11 goes on a house hunt 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. SROTUGHTS: WC CORP. WNO-PACJHC HOLDINGS 1 From that, you'll BUMMMft m have a clear
      106 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      55 16 ii'J[m( a Poocex calculator 9 I OR owe. of -mose nMPc, uoould V* e>«iEPcAse-.? J Fei-T Tip fle/Js ,M sji, e ASSOCIATED k[ffW(ltl LTD.. IMMMJ &»<&- 7 DOONESBURY GARRY TRUDEAU I ii^r I>€XS ONC£IUAE> I COMP&6iONHOC I «*3«/ THATHJ&UJEFE U//SHI HAP IN£VEA A 60UU4A66 SiF£-- ISMAY? OU&PfTI- I ONC& AU-~TH£
      55 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon When free trade prevails, prosperity must follow
      1015 17  -  As the Uruguay Round ends on a note of success, Peter Passell looks at how countries which practise free trade have reaped enormous benefits. In the accompanying articles, David Dodwell focuses on the big contribution made bv Gatt chief Peter Sutherland and other
      NYT; AFP  -  1,015 words
    • Article, Illustration
      Lock icon Ringmasters who dramatically kept the show on the road
      885 17 FT RUFUS YERXA, the unflagging US trade negotiator, joked after a sleepless weekend "negotia-thon" with the European Union: "I have tried and failed over the past three Decembers to finish this Round. I'm damned if I'm not going to get at
      FT; AFP  -  885 words
    • Article
      Lock icon Raw deal for the Third World?
      833 17 Reuter SEVEN YEARS in the making, the new world trade treaty is a giant step towards a global free market that promises to boost economic growth into the next century. But the Third World will receive only a small share of the spoils, say
      Reuter  -  833 words
  • Page 17 Advertisements
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  • Article
    Lock icon Horse trading expected in settling tariff commitments
    523 18 Uruguay Round Final Act AFP. AP !GENEVA Gatt negotiators came down to earth with a bump yesterday as they faced a new four-month deadline to turn what was called the greatest trade agreement in history into hard market-opening commitments. The Uruguay Round Final
    AFP.; AP  -  523 words
  • Article
    Lock icon Gatt deal easier than Nafta for US Congress to swallow
    335 18 Reuter WASHINGTON US President Clinton must prepare to sell a new world trade pact to a wary Congress next year following the bitter battle to win approval of the North American Free Trade Agreement. Although the fine print has yet
    Reuter  -  335 words
  • Article, Illustration
    Lock icon Japanese politicians mourn death of ex-PM Tanaka
    321 18 AP, Reuter TOKYO Japan's political world turned out yesterday to mourn the death of former Prime Minister Kakuei Tanaka, one of post-War Japan's most influential figures, whose legacy of money politics still casts a shadow over government. Tanaka, 75, partially paralysed by a
    AP,; Reuter  -  321 words
  • Article
    Lock icon Russia's Choice coalition leads in partial electoral returns
    370 18 AFP. Reuter MOSCOW The reformist Russia's Choice coalition took the lead yesterday as partial electoral returns showed that the pro-government party had picked up more seats in overall voting than the ultranationalist Liberal Democratic Party. According to the Central Elections Commission, Russia's
    AFP.; Reuter  -  370 words
  • Article
    Lock icon HK tycoon pulls off major oil coup
    402 18 Bloomberg Business News BEIJING The director of a mcdium-si/cd Hongkong property concern scored a major coup over the world's oil giants on Wednesday, as China granted him huge oflshorc concessions to support his bid to man the gas pumps for its racing economy.
    Bloomberg Business News  -  402 words
  • Article
    Lock icon US trade deficit narrowed 1.6pc in October
    328 18 Bloomberg Business News Reuter WASHINGTON The US merchandise trade deficit narrowed 1.6 per cent in October to USS 10.455 billion (5516.7 billion) as rising exports partly offset record demand for imported goods, the Commerce Department said yesterday. The report reflects a rebound in
    Bloomberg Business News; Reuter  -  328 words
  • Article, Illustration
    Myanmar: Where even a fragile peace means progress
    921 18  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist HE chicf ideologue of Myanmar's ruling council, Licutenant-General Khin Nyunt, appears to have pulled off a coup of sorts bygetting the largest armed opposition group, t the Karen National
    921 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      20 18 The Businessman* Choice I B/| VourChoice 60 STORY DOB PLAZA 1, OF THE PLAZA 80 Baffles Place, uiniMajHum Singapore 0104
      20 words
    • Advertisement
      Page 18 Advertisements Column 2
      22 18 An anti-Semite whose father was a Jew. Pr 9 I he danger of the clown turning Russia into a circus, Pg 16
      22 words
    • Advertisement
      Page 18 Advertisements Column 3
      538 18 For the ultimate in view HmBK) Experience a rare I culinary odywey Xpp/L Of THE PLAZA Reservation 538-3232 aamßOßn INOOOLES Congaaaat* laan "Sichuan* Styta Fnad Spmach «m» /> «T fk n np AND RICE Poik and Cantory Egg Cuatard aNk Sated Fiah fl II K VI F I E Shatkl
      538 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Metro to sell stake in Toys 'R' Us joint venture
      410 19  -  By Schutz Lee SINGAPORE Metro Holdings Ltd will give up its majority interest in Toys 'R' Us Metro Pte Ltd to allow Toys 'R' Us Inc full ownership of its outlets here. Metro said yesterday it was also finalising the
      410 words
    • Article
      Tan Chong sets up firm to invest in motor business in Vietnam
      289 19  -  By Joseph Rajendran SINGAPORE Publiclylisted Tan Chong Motor Holdings has set up an investment company in Singapore to explore opportunities in Vietnam. The new firm, Tan Chong Vietnam, is negotiating with several parties to build its motor-related business
      289 words
    • Article
      Hwa Hong unit holds 17.5pc stake in Hanoi recreation club tie-up
      264 19  -  By Abdul Hadhi SINGAPORE Hwa Hong Corp's subsidiary Singapore Piling Civil Engineering has joined Econ International and Vietnamese partners to construct and manage a USSIO million (Ssl6 million) recreation club in Hanoi. Singapore Piling said it had taken a
      264 words
    • Article
      The money power of power barges
      698 19  -  HOCK LOCK SIEW By Joyce Quek Question: Which two little words are guaranteed to send a counter soaring? Answer: Power barges. SINGAPORE The shares of Far East Levingston Shipbuilding (Fels), Van Der Horst (VDH) and Ganda Holdings have been rising recently on news that
      698 words
    • Article
      Summavest set to make $82m from sale of Sim Lim shops
      254 19  -  By Sylvia Wong SINGAPORE Summa Investments Ltd (Summavest) expects to make $81.86 million from the sale of some of its shops in Sim Lim Square. The property and trading company did not say how many shops it will sell
      254 words
    • Article
      Singatronics unit in computer imaging technology tie-up
      230 19 SINGAPORE The Malaysian subsidiary of mainboardlisted Singatronics has tied up with two individuals to set up a joint-venture firm. Called (Crystal Imaging System, it has paid-up capital of $3 million. Singatronics Malaysia holds SO per cent in the firm, Raymond Neoh has 48
      230 words
    • Article
      Bernard Chen joins Intraco board
      123 19 SINGAPORE Trading group Intraco has appointed chief executive officer Bernard Chen to its board. But he will retain his CEO role, which involves overseeing the company's activities in international trading, automobiles, food and food processing and industrial marketing. Mr Chen, 51, has been CEO since
      123 words
    • Article, Illustration
      Lock icon Untitled
      277 19 Source: Bridge Info Performance of STII's Index stocks Dec 16 Laat SCMC Ua Slack Mk Char (actor 1 mi <$)<*) Aviroo 2.140 0.170 1.37 16.92 CAC 8 550 -0.130 5 49 -14.93 CWT 2.990 1.92 Cerebos 7.250 -0.200 4.65 -19.90 FAN 18.500 11.17 GenMat 1.120 0.010 0.72 1.00 Haw Par
      Source: Bridge Info  -  277 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Ready trading for ER from Monday
          54 20 SINGAPORE Trading in Electronic Resources Ltd's shares will cease on "when issued" basis and will begin on "ready" basis on Monday. Trades in ER shares done on "when issued" basis will be due for settlement on Dec 27, which is also the first settlement
          54 words
        • Article
          Pacific Can appoints director
          68 20 SINGAPORE Pacific Can Investment has appointed Eric Sim Keng Huan as a director with immediate effect. Mr Sim is a nominee of Waterfront Hotel and Realty Sdn Bhd, a substantial shareholder of the company. Mr Sim has also been appointed a member of the Audit Committee
          68 words
        • Article
          Venture Mfg shareholder trims stake
          49 20 SINGAPORE Substantial shareholder Singapore Sesdaq Fund has disposed of one million of its Venture Manufacturing shares at 53.46 a share on Nov 10. With that transaction, Singapore Sesdaq Fund has reduced its stake in Venture Manufacturing to 4.41 per cent or three million shares.
          49 words
        • Article
          Inno-Pac rights shares to be listed
          37 20 SINGAPORE Inno-Pacific's additional 146.25 million new ordinary shares of 20 cents each arising from the rights issue of five for two at 27 cents per share will be listed on Monday.
          37 words
        • Article
          Material Handling director retires
          44 20 SINGAPORE Sesdaq-listed Material Handling Engineering announced that Derrick Lee Meow Chan has retired as its director on Dec 10. It also announced that Ho Chew Yen has been appointed as Joint secretary of the company with effect from Dec 1.
          44 words
      • Article
        Lock icon DBS Land poised to be regional property blue chip
        600 20 Reuter SINGAPORE DBS Land Ltd's aggressive land purchases valued at more than SI billion in the last week have put the company in the fast lane towards becoming a regional property blue chip, equities analysts said yesterday. DBS Land has "explosive
        Reuter  -  600 words
      • Article, Illustration
        Lock icon Myanmar partner owns forest concession: Idris
        379 20 Bloomberg Business News KUALA LUMPUR Idris Hydraulic (M) Bhd's joint-ven-ture partner in a Myanmar plywood mill is a government company that owns a nearby 3.4-million-hectare forest concession, Idris managing director Ishak Ismail said yesterday. But Mr Ishak declined to say whether Idris, a timber
        Bloomberg Business News  -  379 words
      • Article
        Untitled
        1167 20 Pa) mem Ex Books Pay date close date MSB 50* b 5 Dec 31 Jan 14 Jan 21 Amal Steel SO* b 14 Dec 2 Dec 16 Jan 1$ Amtek Eng 20* F 6TE Dec 15 Dec 21 Dec 30 Antah Hldgs SO* b 6 Dec 9 Dec 23 Jan
        1,167 words
      • Article
        Creative pays US$2.5m for stake in US firm
        284 20 SINGAPORE Creative Technology has US$2.5 million (553.99 million) for a minority stake in Massachu-setts-based Voice Processing Corp. The Singapore firm also has an option to invest a further US$4 million in the US firm over the next 18 months. This would give
        284 words
      • Article
        Lock icon Time sees China plant financing deal soon
        283 20 Bernama KUALA LUMPUR Time Engineering Bhd expects to tie up the financing arrangement for the construction of the 250 megawatt coal-fired power station in Lian Yuan City in Hunan. China by the middle of next year, managing director Jaafar Haji Hamid said yesterday.
        Bernama  -  283 words
      • Article
        Indon textile firm to float 20 million new shares
        239 20 JAKARTA PT Texmaco Jaya, an integrated textile producer, expects to raise 100 billion rupiah (SS7S million) from the sale of 20 million new shares to the public next year. The Jakarta Post quoted company president Marimutu Sinivasan as saying yesterday that
        239 words
      • Article
        New Energy says China probe of ex-CEO won't affect firm
        307 21 SINGAPORE New Energv (PRC) Holdings (NEH), the wholly-owned Singapore subsidiary of Shenzhen-listed Hainan New Energy (HNE), has clarified that the investigation by the Chinese authorities on its former chairman and chief executive officer has no effect on the property group.
        307 words
      • Article
        Lock icon Arnhold to sell 49.38m shares at HK$1.25 each
        285 21 Bloomberg Business News HONGKONG Building products and engineering equipment supplier Arnhold Holdings Ltd plans to sell 49.38 million shares at HKSI.2S each in a HKS6I.7 million (S$ 12.58 million) initial public offer, the company said in a statement yesterday. The offer, representing
        Bloomberg Business News  -  285 words
      • Article, Illustration
        Lock icon Seeing is believing
        62 21 Reuter TOKYO Joan Mondale, wife of US Ambassador to Japan. Walter Mondale, talking to Mrs Haru Reischauer, wife of former US Ambassador to Japan, Edwin Reischauer, in Los Angeles on AT&T VideoPhone at the US product launching in Japan yesterday. The videophone will go on the Japanese
        Reuter  -  62 words
      • Article
        Lock icon Aramco a good match for Philippines' Petron: analysts
        213 21 Reuter MANILA The sale of 40 per cent of Petron Corp, the Philippines' biggest oil refiner and distributor, to Saudi Arabian Oil Co (Aramco) is a big boost to Petron, which is preparing to go public next year, according to analysts. Aramco
        Reuter  -  213 words
      • Article
        Lock icon Japan OTC companies poised for greater profits: report
        293 21 Bloomberg Business News TOKYO Japanese companies traded on the over-the-counter (OTC) market are likely to reap greater current profits for fiscal 1993 and 1994, the Nihon Keizai newspaper said. It cited separate reports released by Daiwa Securities Research Institute, Kankaku Research Institute,
        Bloomberg Business News  -  293 words
      • Article
        Lock icon Steel expected to kelp boost BHP's interim profit to as high as A$640m
        507 21 Reuter MELBOURNE Strong earnings from steel are expected to help the Broken Hill Pty Co Ltd boost half-year net profit to between AssBB million and AS64O million (SS6B6 million). "I suspect steel will continue to be the
        Reuter  -  507 words
      • Article
        Lock icon HK regulators revoke Fundi CEO's dealer's licence
        300 21 Bloomberg Business News HONGKONG Hongkong's Securities and Futures Commission said yesterday it has revoked the securities dealer's licence of Moses Wong, the chief executive of the Pundi Group of broking and trading companies. The action follows the Hongkong market watchdog's own probe and
        Bloomberg Business News  -  300 words
      • Article
        Lock icon HK's Dao Heng Bank shares soar 69pc on first day of trading
        456 21 Bloomberg Business News HONGKONG Turning a banking sector boom into quick cash. Hongkong's Dao Heng Bank Group Ltd saw its share price rocket 69 per cent to HK536.75 in its first day of trading yesterday. Dao Heng, part
        Bloomberg Business News  -  456 words
      • COMPANY BRIEFS
        • Article
          Lock icon Hyundai's '92 profit highest in S Korea
          97 21 AFP SEOUL Hyundai group was the most profitable of South Korea's business conglomerates in 1992 with a net profit of 351.7 billion won (SS69O million). Yonhap news agency yesterday quoted a hederation ol Korean Industries (FKI) report as saying Samsung ranked second with
          AFP  -  97 words
        • Article
          Lock icon Winsor Ind says worst may be over
          85 21 Reuter HONGKONG Hongkong textile and garment company Winsor Industrial Corp Ltd. which posted a 30.5 per cent drop in its interim net profit, cautiously forecast the worst will soon be over. "Although the outlook for 1994/95 remains uncertain for the textile and clothing
          Reuter  -  85 words
        • Article
          Prapatan to build Indon hotels: report
          82 21 JAKARTA Hotel Prapatan. the owner of the Aryaduta Jakarta hotel, will build two luxury hotels, in Yogyakarta and Pekanbaru in Riau. at a cost of US$7O million. The Jakarta Post said yesterday, quoting the hotel company's president Nurman Diah. It will also set up
          82 words
        • Article
          Lock icon Snow Brand picks HK distributor
          69 21 Bloomberg Business News HONGKONG Snow Brand Milk Products Co, the leading dairy products manufacturer in Japan, has awarded Hongkong food importer Four Seas Mercantile Holdings exclusive distribution rights in the territory. Four Seas, Hongkong's largest importer of Japanese snack foods and beverages, would also develop
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Toshiba ships LSI chips for car tuners
          93 21 AFP TOKYO Japan's Toshiba Corp yesterday began shipping samples of four new large-scale integrated circuit (LSI) chips for car audio tuners and announced plans to launch mass production in February and March. The company said production of two of the chips, providing signal-processing
          AFP  -  93 words
      • Article
        Lock icon Dickson Concepts' net interim profit up 10pc
        286 21 Bloomberg Business News HONGKONG Luxury brand-name goods retailer Dickson Concepts (International) has reported a modest 10 per cent rise in half-year net profit, but then forecast a substantial increase in future earnings once its current expansion plan is completed. The company, whose interests
        Bloomberg Business News  -  286 words
      • Article
        Lock icon European equities becoming attractive: US fund managers
        503 22 Reuter NEW YORK European equities, often overlooked in the recent stampede to emerging markets, are likely to attract renewed attention next year as Italy and France privatise a number of key industries, US fund managers said. "Everyone seems to be talking about emerging
        Reuter  -  503 words
      • Article
        Lock icon IBM not taking part in Bull's capital increase
        231 22 Reuter PARIS International Business Machines (IBM) will not participate in Bull's 1993 capital increase, the two groups said in a joint statement on Wednesday. "The chairman of IBM, Louis V Gerstner Jr,... expressed interest in seeing IBM and Bull's cooperation reinforced and
        Reuter  -  231 words
      • Article
        Lock icon Corning to buy optical fibre assets of Northern Telecom
        237 22 NYT NEW YORK Corning Inc announced on Wednesday that it would expand its optical fibre business with a Canadian acquisition and end a joint venture with a Mexican company in the consumer glass business. The company also said it planned to
        NYT  -  237 words
      • Article
        Lock icon YSL banned from calling perfume Champagne in France
        288 22 FT PARIS The French champagne industry yesterday won its legal battle to ban Yves Saint-Laurent, the French fashion house, from using the name Champagne for its latest women's perfume in France. The Appeals Court upheld an earlier verdict in the industry's favour
        FT  -  288 words
      • Article
        Lock icon Nynex seeks to reallocate fees it charges phone companies
        320 22 NYT NEW YORK Seeking a potentially far-reaching change in telephone industry pricing. Nynex Corp asked regulators on Wednesday to reallocate nearly USS2 billion (553.2 billion) in fees that Nynex charges long-distance carriers. The proposed changes may result in higher fees for
        NYT  -  320 words
      • Article, Illustration
        Lock icon Kodak chief's comment about weak earnings sends stock plunging
        376 22 Reuter NEW YORK Eastman Kodak Co chicf executive George Fisher's Wall Street honeymoon came to a crashing halt on Wednesday when his downbeat comments about the company's outlook sent its stock skidding. Kodak stock plummeted U557.25 to U5555.50 in late trading
        Reuter  -  376 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Thailand to further open banking, finance sector
        487 23 Reuter BANGKOK Thailand will further liberalise its finance and banking sector next year, including a possibility of issuing more full branch licences to foreign banks. Central Bank governor Vijit Supinit said. Mr Vijit said yesterday that his bank had worked out regulations to
        Reuter  -  487 words
      • Article
        Lock icon IBJ unit praised for issue of bonds for Petronas
        322 23 Knight-Ridder TOKYO IBJ Securities' triumph on Monday with its 50 billion yen (SS72O million) 10year offering for Malaysia's state-owned oil company Petroliam Nasional Berhad (Petronas) has won it a good reputation that will help it attract Japanese corporate issuers. The Petronas
        Knight-Ridder  -  322 words
      • Article, Illustration
        Lock icon A drubbing for rouble
        52 23 Reuter MOSCOW A bank worker changing the numbers on display at a money exchange office in Moscow on Wednesday after the Russian rouble fell to 1,247 to the dollar on the Moscow Interbank Currency Exchange. The market reacted to concern over election gains of ultra-na-tionalist Vladimir
        Reuter  -  52 words
      • Article
        Lock icon Arab banks seek end to BIS label as high risks for lending
        356 23 Reuter ABU DHABI Arab banks have asked the Bank for International Settlements (BIS) to review their classification as high risks for lending, officials said. Gulf Cooperation Council (GCC) and Arab Monetary Fund (AMF) officials met with the BIS
        Reuter  -  356 words
      • Article
        Lock icon US banks earn record 3rd quarter profits
        543 23 AP. Reuter WASHINGTON The 11,081 commercial banks in the US earned record profits of U5511.45 billion (5518.26 billion) in the July-September quarter and have already exceeded the industry's record for annual profits, the government said on Wednesday. From January through September, banks made
        AP.; Reuter  -  543 words
      • Article
        Lock icon Bad debts present tough choices for Indonesia's bankers
        490 23 Reuter JAKARTA Indonesia faces tough policy choices cleaning up a banking industry saddled with bad debts, huge interest rate spreads and banks unable to meet prudential requirements. bankers said yesterday. The problems are a legacy of wild lending sprees after the freeing
        Reuter  -  490 words
      • SMALL CHANGE
        • Article
          Maybank to promote investing in M'sia
          79 23 SINGAPORE Maybank or Malaysian Banking Berhad has been appointed the official bank for "Visit Malaysia Year 1994". In line with its appointment, the bank will set up a Malaysia desk in its Singapore branches to prov ide Singapore businessmen who are looking for investment
          79 words
        • Article
          Lock icon Samsung Electronics to issue FRN
          100 23 Reuter SEOUL Samsung Electronics Co Ltd, a unit of South Korea's Samsung Group said it planned to issue a USS4S million (5571.6 million) floating rate note today. It said the issue would have a margin of 35 basis points over the London Interbank Offered Rate
          Reuter  -  100 words
        • Article
          Lock icon NZ dollar bounces back on Gatt news
          108 23 Reuter WELLINGTON New Zealand's exchange rate bounded to a two-year high yesterday after the clinching of the Gatt world trade pact, which is seen boosting low-cost agricultural producers like New Zealand. "Gatt obviously is a positive for New Zealand and warranted a lowering
          Reuter  -  108 words
        • Article
          Lock icon Tak Cheung gets HK$200m loan
          102 23 Bloomberg Business News HONGKONG Hongkong construction and engineering company International Tak Cheung Holdings Ltd has borrowed HKS2OO million through a group of hanks led by Belgian Bank of Hongkong. Belgian Bank said the proceeds will be used to finance the company's core businesses including construction,
          Bloomberg Business News  -  102 words
        • Article
          Lock icon EBRD aims for stake in Czech bank
          34 23 Bloomberg Business News PRAGUE The European Bank for Reconstruction Development is negotiating with the Czech Republic's Komercni Banka for a minority stake, an EBRD official said. Bloomberg
          Bloomberg Business News  -  34 words
      • Article
        Lock icon UK life insurers face compensation payout of up to £1b to pensioners
        473 23 Renter LONDON A watchdog probe into the selling of private pensions could cost UK life insurance companies up to £1 billion (552.35 billion) in compensation payouts, analysts said. However, they do not expect big companies such as Prudential
        Renter  -  473 words
      • Article
        Lock icon Dutch central bank to publish one official rate
        245 23 Reuter AMSTERDAM The Dutch central bank said it will reduce the number of its official interest rates to one from the present three, effective Jan 1. The bank will scrap its discount rate and will stop publishing its promissory note rate. The
        Reuter  -  245 words
      • Article
        Lock icon Interest-rate swap costs oil-rig operator loss of US$5m
        585 24 Protection against rising rates backfires as rates fall instead Bloomberg Business News NEW YORK Big corporations invented interest-rate swaps to help cope with fluctuations in rates that could cause huge swings in their costs. Small companies, too, have jumped into the US$4.6
        Bloomberg Business News  -  585 words
      • Article, Illustration
        Lock icon Low world oil prices inevitable, says energy think-tank
        289 24 Reuter LONDON Low world oil prices are inevitable, says a London-based energy thinktank led by former Saudi Arabian oil minister Ahmed Zaki Yamani. The Centre for Global Energy Studies (CGES) saw the sustainable crude oil price staying in a range of USSIO-USSIS
        Reuter  -  289 words
      • Article
        Lock icon Indian soymeal exporters hit by high costs and falling prices
        255 24 Reuter BOMBAY India's thriving soymeal exports have lost ground this year under the twin assault of high raw material costs and falling world prices, traders and industry analysts said yesterday. "Indian exporters are actually losing on exports," said Davish Jain,
        Reuter  -  255 words
      • Article
        Lock icon Battle over future US fuel market still on despite Clinton decision
        270 24 AP WASHINGTON The Clinton administration's promise to carve out a substantial share of the petrol market for etha-nol-blended fuel follows one of the most intense lobbying campaigns in years and it's not over yet. The administration decision. a compromise
        AP  -  270 words
      • Article
        Lock icon S Africa ends secrecy on oil industry related information
        186 24 Reuter CAPE TOWN The South African government on Wednesday ended years of secrecy on information relating to its oil industry invoked to protect sanctions-busters during 16 years of international anti-apartheid oil sanctions. Minerals and Energy Minister George Barlett, saying the Cabinet
        Reuter  -  186 words
      • Article
        Lock icon Aussie firm finds diamonds in offshore testing
        228 24 Bloomberg Business News PERTH Australian offshore diamond explorer Cambridge Gulf Exploration NL said its latest sampling results show diamonds of sufficient size for profitable extraction from the seabed. In a report widely awaited by investors, the company said it recovered six carats of
        Bloomberg Business News  -  228 words
      • Article
        Lock icon Tarim Basin's '93 oil output seen hitting 1.6m tonnes
        233 24 AFP BEIJING Output from the Tarim Basin, the great hope for the future of China's oil industry, is expected to hit 1.6 million tonnes this year out of proven reserves of 300 million tonnes, the China Daily said yesterday. The output
        AFP  -  233 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        159 24 THE USS maintained its bullish stance and continued its northward march yesterday in an extremely thin December market. The USS/SS market saw local and Japanese corporates purchase USS in early morning trade to take it to a high of 1.5962 before demand for SS from
        159 words
      • Article
        Lock icon New York
        89 24 AFP NEW YORK The dollar fell against major currencies here early yesterday after the Bundesbank's decision to leave interest rates unchanged. At about 9:45 am. the dollar was trading at 1.7075 German marks, down from 1.7135 several hours earlier in London and from 1.7175 late on Wednesday in
        AFP  -  89 words
      • Article
        Lock icon London
        195 24 Bloomberg Business News LONDON The dollar slipped about 0.6 pfennig in Europe yesterday as the Bundesbank once again held the line on key German interest rates. The dollar, hit first by signs that growth in Germany's M 3 money supply was still above the Bundesbank's targets, slumped further when
        Bloomberg Business News  -  195 words
      • Article, Illustration
        Untitled
        1649 24 1 rajt' »fighted index calculated against Spore s top 14 trading partners Base year 198 5 US$/S$ foi ward rates Noon Dec 16 SS Bid Offer 1-month 1.5918 1.5933 2-month 1.5917 1.5932 V month 1.5916 1.5931 6-month 1.5910 1.5930 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am
        1,649 words
      • Article
        Lock icon Coffee prices expected to sustain recent gains
        236 24 Reuter UTRECHT. Netherlands World cofTcc priccs should sustain rcccnt sharp gains for the next two to three years because of a shift in supply and demand. said Jacques van Dijk. chairman of coffee roaster Douwc Egberts. Douwc Egberts is the coftce and groccrv
        Reuter  -  236 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen end softer
        1301 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended slightly weaker against overnight IMM levels as the absence of fresh factors and year-end doldrums dampened dealings yesterday, traders said. "There is a series of figures scheduled for release the merchandise trade, jobless claims and housing
        Reuter  -  1,301 words
      • Article
        KL tin closes 22 sen lower
        627 25 COMMODITY REPORTS Tin TIN closed 22 sen lower at MS 11.86 per tonne yesterday, reflecting losses in London overnight and initial high offers, traders said. "Demand is also decreasing." one trader said, noting fairly heavy purchases in the last few days. They noted an
        627 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          India's copper industry sees dull '94
          98 25 NEW DELHI India's copper industry suffering from losses, low output and sluggish demand is likely to find 1994 equally bad. industry and government officials say. Domestic copper demand in the 1994-95 (April-March) fiscal year is likely to remain flat around the 135.000 tonnes seen
          98 words
        • Article
          HK, Japan mills still buying cotton
          83 25 SYDNEY Demand for cotton mostly US from Hongkong and Japan is continuing this week for nearby and April-June shipment as many mills have given up on expectations for a break in prices. "They (still) have to buy for nearby shipment," said one Hongkong trader
          83 words
        • Article
          S African wheat tender filled by US
          80 25 SYDNEY A South African tender for 66,000 tonnes of wheat has been filled by the US, according to Australian trade sources. South Africa was seeking wheat offers from the US, the European Union. Canada, Australia and Argentina for February arrival. But Australian trade
          80 words
        • Article
          Cotton honeydew problem fades
          88 25 SYDNEY Japanese mills have purchased about 10,000 bales of California/Arizona cotton in the past week as annual concerns about honeydew fade, traders in Osaka said yesterday. "There was some fear about stickiness, but mills understand (the problem) is improved for 1993-94," said one trader. The trader
          88 words
    • Article
      COMMODITY PRICES
      1584 25 Rubber HAS Commodity Exchange (futures closing as at lpm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest OOO OOO 132.00 200 150 Feb 0.00 0.00 133.50 200 4.425 Mar 134.50 134.25 135.00 200 6.825 Apr/Jun 137.00 136.25 137.00 900 17,850 Jul/Sep 138.50
      1,584 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1266 26 +4.9 STRONG demand for leading stocks helped Australian shares to close slightly firmer yesterday. brokers said. The All Ordinaries index ended at 2.074.8 points. 4.9 above Wednesday's close, while the All Resources index rose 1.6 points to 1,240.0 points and the All Industrials index finished nine points higher at
        1,266 words
      • Article
        Manila
        617 26 +47.14 Share prices soared to new heights on bright prospects for 1994, dealers said. The Manila composite index rose 47.14 points and the Makati surged more than 60 points. The biggest gainers were Union Bank and San Miguel Corp. which rose eight pesos to 59.50 and 121 pesos, respectively
        617 words
      • Article
        Taipei
        569 26 170.07 Stocks overcame bouts of profittaking to close at a 22-month high in hectic trade, extending a rally that has taken the market up 28 per cent since the ruling Nationalist Party's election victory on Nov 27. The index surged 170.07 points or 3.3 per cent to 5.331.87, its
        569 words
      • Article
        Seoul
        435 26 +4.86 Stocks closed at a year high on buying of blue chips, disregarding a change of prime minister and early profit-taking, brokers said. The composite index closed up 4.86 points, or 0.56 per cent at 870.72, supplanting the previous closing high of 866.88 on Dec 11. Market turnover was
        435 words
      • Article
        New Zealand
        335 26 +9.92 New Zealand shares ended firm, possibly due to end-of-vear book-squaring. The NZSE top-40 capital index closed up 9.92 points at 2.099.22. Volume was worth NZ$l5B million. Brokers said there had been little reaction to the Gatt settlement. as investors had priced in a successful negotiation as it
        335 words
      • Article
        Bombay
        20 26 closed Brokers on the Bombay Stock Exchange boycotted trading for the third consecutive day with no resolution in sight.
        20 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        984 26 Britannia Funds Sterling Cask BM Offer Mim Cap Deposit 3( 6400 316)00 Mim Jeney Gill 0 1893 0 1992 Mim Mai Income ****** ****** L S$ Cuh Income Plus Fund 10 7600 113)00 PS Reserve Fund $1200 J 1300 Sterliaa M*'t> Euro Performance 0 4592 0 4931 Far Em Fund
        984 words
      • Article
        London
        573 26 +32.4 BRITISH shares squeezed to another record closing high yesterday as a steady flow of buyers left traders scrambling for stock amid a backdrop of optimism for near-term interest rate cuts and low inflation growth. The FTSE 100 closed with a 32.4 point gain at 3,311.2. London Dec 16
        573 words
      • Article
        Paris
        117 26 -2.37 French shares ended the session lower and dealers said the market lacked support since interest rates did not seem to be coming down in the short term and players were closing their positions before the end of the year. The CAC-40 index ended down 2.37 at 2,160.26. Paris
        117 words
      • Article
        Stockholm
        150 26 +o.olpc Swedish shares ended the day mixed after a quiet day with few market moving events except foreign selling in Ericsson. Volvo's B jumped seven to 509, having hit an intra-day year high of 512. The all-share index edged up a mere 0.01 per cent to 1.344.11 in moderate
        150 words
      • Article
        Frankfurt
        182 26 +26.75 German share prices were steady in late low volume post-bourse trade with investors waiting to see which direction the market takes on the DTB futures and options expiry date Friday, traders said. The blue-chip DAX finished 26.75 points higher at 2.137.45, falling from 2.139 just before the Bundesbank
        182 words
      • Article
        Brussels
        185 26 -5.63 Belgian shares were mixed to easier at the close, still under pressure as players cashed in their gains after the market's recent rally to record highs. "We've seen good volume today, with signs of more profit-taking. But once people have squared their books for the end of the
        185 words
      • Article
        Milan
        152 26 -87 Italian stocks closed mixed as investors locked in gains after the strong year ended on Wednesday. Many investors wanted to keep prices high as the December account and market year ended, said a trader at Mcrcati Finanziaria. Some locked in gains yesterday. The Mibtcl index of screen-traded blue
        152 words
      • Article
        Amsterdam
        277 26 +5.69 Dutch shares harvested a strong rise from unpromising soil yesterday, growing 1.5 per cent in thin trading, mainly on short-covering and a lack of sellers. The EOE index closcd at 394.88, up 5.69, having earlier shrugged off unchanged Bundesbank rates when some locals had expected a slight trimming.
        277 words
      • Article
        Zurich
        286 26 +9.66 Chemicals led Swiss shares up in afternoon trading after a discount rate cut by the Swiss National Bank had earlier had scant effect on the market. Dealers said the outlook remained positive as with low money market and capital market rates there were few alternatives to shares. However
        286 words
      • Article
        Toronto
        301 26 +8.91 Stocks climbed early yesterday as buyers returned to the market after heavy prof-it-taking in recent days. The TSE 300 composite index gained 8.91 points to 4,234.49 in early turnover of 6.03 million shares valued at C 570.53 million. Advancing issues outpaced declines 158 to 151, with 208 stocks
        301 words
      • Article
        New York
        827 26 +7.55 The Dow Jones industrial average was ahead 7.55 points to 3.724.47 at 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.79 to 256.22, while Standard Poor's 500-stock index was up 1.50 to 463.34. Advances topped declines 977-666 among the 2,402 issues crossing
        827 words
    • Article, Illustration
      Lock icon HONGKONG
      3098 27 Reuter HONGKONG Stocks closed sharply higher, carrying the Hang Seng Index to a record close of 10.339.66, up 394.40 points, or 3.97 per cent. That smashed a record close of 10.248.59 set on Monday. The blue chip indicator also hit an all-time intraday high of 10,353 in late trading,
      Reuter; Source: Bridge Info  -  3,098 words
    • Article, Illustration
      CHINA
      533 27 BOTH Shanghai and Shenzhen markets were less active yesterday. Heavy profit-taking pushed Pilkington down by 11.5 per cent to close at US$l,l9O. Other major losers included Outer Gaoqiao and Vacuum dipping 6.6 per cent and 5 per cent respectively. Dajiang which was listed on Wednesday remained unchanged on active
      533 words
    • Article, Illustration
      Lock icon TOKYO
      2433 27 Reuter TOKYO Stocks ended higher on selective blue chip buying yesterday. Sentiment was lifted after chances increased that official pumppriming measures could emerge soon, brokers said. The Nikkei touched a high of 17,911.99, just under the psychological target of 18,000. The Nikkei Stock Average of 225-selected issues on the
      Reuter; Source: Bridge Info  -  2,433 words
    • Article, Illustration
      Lock icon BANGKOK
      1872 27 Reuter BANGKOK Investors dumped shares to cash in profits in late afternoon yesterday after the index failed to break through the key 1,550-point barrier, brokers said. The SET index closed down 6.40 points at 1.512.66. off its afternoon low of 1.508.95. It had leapt 28.90 points in early morning
      Reuter; Source: Bridge Info  -  1,872 words
    • Article, Illustration
      Lock icon JAKARTA
      1139 27 Reuter JAKARTA Share prices closed higher in active trading as local investors bought selected stocks heavily, driving many counters up. brokers said. The composite index ended 9.52 points higher at 553.36. One local dealer said upbeat sentiment on the Jakarta market this week partly indicated that investors were locking
      Reuter; Source: Bridge Info  -  1,139 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2910 28 Source: Bridge Info Source: Bridge Info MOST ACTIVE vofcjrm kjmunting 50c 50.278.000 MOMMWWS W 359.000 Mulpha Iritl 50c 16.744 000 Ind (Kvgen 50c 15.940.000 MetroplexTSR 14.134.000 Menang(o»p 13.258.000 AMDB 50c 11.487,000 Fabcr Group 10.931.000 Tan hong 30c 10.199.000 FM/B 50c 9.705.000 Promt 9.285.000 Mm Hyd 50c 9.243.000 Insas
      Source: Bridge Info  -  2,910 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index ends weaker despite new intraday high
        5896 28 Bernama KUALA LUMPUR Share prices finished mixed to easier on the Kuala Lumpur Stock Exchange yesterday on profit-taking activity despite a strong start. The Emas Index of all main board shares lost 0.45 of a point to 332.17 while the KLSE Composite Index,
        Bernama; Source: Bridge Info  -  5,896 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7312 29 IJMHNJOAM) Qto Pccl*~ Gr Gr IW3 Last Vol Day Last Qaolt Di* Di» VM Net M Cai High Loo Coapaay Sale C000) High Low Bayer Seller Or P/E Saul INDUSTRIAL AND COMMERCIAL 1400 260 I Aetna 1290 +10 20 1300 1280 1280 1290 12.5 2.1 1.0 55.8 889.2 310 220
        7,312 words
      • Article, Illustration
        Lock icon Second liners take centre stage as rally continues
        1688 30  -  By R Sivanithy SINGAPORE Investors yesterday focused their sights firmly on second liners, with selected interest in blue chips pushing the Straits Times Industrials Index to its sixth consecutive record high. The STII ended another active day of trading with a 14.75-point
        Source: Bridge Info  -  1,688 words
      • Article, Illustration
        Lock icon Malayan Banking
        156 30  -  HOT STOCK By Paul Leo MALAYAN BANKING surged nearly 40 per cent to reach a record high of $10.50 yesterday from $7.53 three weeks ago. But the surge appears to be running out of steam and a correction is due soon. Daily RSI is in overbought region and
        Source: Bridge Info  -  156 words
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      189 19 There's nothing quite like driving the new Impreza. vV WmM W Jm WM v 1 Wr r J a' I^4/ The all new Subaru Impreza it's a completely new model it inSedan is a brilliant "true" 1600 cc corporates the most advanced class car that redefines the joy of automotive
      189 words
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      1387 20 COMMONWEALTH BANK OF AUSTRALIA AND CONTROLLED ENTITIES Annual Report for the Year Ended 30th June 1993 Balance Sheeta aa at 30 June 1993 Statement Of Profit And Loea For The Year Ended 30 June 1993 1903 1992 1993 1992 $M $M (M $M Assets Interest income 6,546.2 8,025.7 Cash and
      1,387 words
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      56 21 (This announcement appears as a matter of record only.) December 1993 ET. GUNUNG RAJA PAKSI, INDONESIA U5539,500,000 Term Loans Participants Asian Finance and Investment Corporation Ltd Commonwealth Development Corporation DEG-Deutsche Investitions-und Entwicklungsgesellschaft mbH Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) P.T. Bank PDFCI Co-Arranger/Security Agent: P.T. Bank PDFCI Arranged by ASIAN
      56 words
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      327 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND HAVERY,STENT ft ASSOCIATES PTE LTD At an Extraordinary General Meeting of the Company held on 11 December 1993 at 400 Orchard Road $12 06 Orchard Towers. Singapore 0923 the following resolutions were passed 1. SPECIAL RESOLUTION WINDING-UP That Havery, Stent
      327 words
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      669 22 TOLL-FREE TEL. No. 1-300-741-1883 FAX:74I-1298 M THE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO IN THE MATTER OF TAT HIN PROPERTY PTE LTD (In Members' Voluntary Winding-Up) At an Extraordinary General Meeting o< the abovenamed company duly convened and held at 101-A Upper Cross Street #11-22 People's Park Centre.
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      240 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KAY HARP TIMBER CO. (PTE) LTD (Incorporated In tw RapubNc of Singapore) (In Liquidation) (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 306 ot the Companies Act. (Chapter SO) that the Final General Meeting
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      557 22 LN THE MATTE* Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PACIFIC MACHINERY A MARINE SERVICES PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 24*2) Al an Extraordinary General Meeting of the member* of the abovenamed Company duly convened and held
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      629 22 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF BEACHCOMBER PTE LTD On Mentors' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road, #1201 12-11 Golden Mile Tower. Singapore
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      114 23 When in the PHILIPPINES... Get The Straits Times, Lianhe Zaobao Business Times from the following hotels: ■mhhhhhhhmhhhh fe r Manila Hotel A Sundowner Centerpoint k Hyatt Regency Manila 'jr m Swagman Hotel if if 4ji m Hotel Nikko Manila Garden i v 1 Jp M :s >r k Shangri-La Hotel
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      43 24 16% YIELD PER ANNUM Adelaide, South Australia Bank guaranteed return for 3 years Development potential A 56.5 million Finance available (T.A.P.) For more information, contact lan RossSmith on 738-9060 or fax 738-9448. PACVEST PROPERTY SERVICES 302 Orchard Road, #07-01 Tong Building, Singapore 0923.
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      94 25 Where is the best place to sell a home? THE STRAITS TIMES CLASSIFIED! Are you making a move to sell your single-storey terrace? A double-storey semidetached? A maisonette? An apartment? An ad in The Straits Times Classified puts you in touch with over 500,000 potential buyers who will respond quickly.
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      28 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead feoffors Bp the most ik current EavailafU- u
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      77 27 r —paPBiM I acss==s— I I in YOUR MONEY IN A BOX. IT'S MORE RELIABLE THAN SHARES. 200 djt™. tradition, tkey perform !>eautiful]y every day lor years on AND MORE PLEASING end (unlike nuny «kare# we couU mention). For en inwLuient opportunity wortk listening to, come TO THE EARS. j
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      48 28 With over 188 million cards honoured at over 10.8 million establishments, MasterCard puts 1 J J jL mmm |I|B the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches you've got the wHou world and ATMs worldwide. IN YOUR HANDS
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      66 29 GOLF MEMBERSHIP FEES? We've got it down to a tee. PERSONAL Jo:n rc, i ciub t-h" jo up .v ru? Ann pay you- tees Standard Chartered FINANCING Jjst can 1 800 5353 522 itoH trt-e a n d ask- 'c Perse a F narc/nn -Air Call 24 hours a day
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      85 30 ~~~~displayed muse u/ns palaces of the world. Brought in specially for you by Finest Masterpiece Arts. W We offer a wide range of finest furniture collections, made by superb craftsmanship with distinctive designs. I With our group of talented Interior Designers, we make your I \Dream Home Come True! 9
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      9 30 Personal Finance and Investment, every Saturday in Executive Lifestyle
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  • Shipping Times
    • Article, Illustration
      Lock icon PSA container throughput set to surpass forecast
      402 31  -  By Juliette Walker SINGAPORE With eight days to go until Christmas, it looks like Santa will give the Port of Singapore Authority (PSA) its wish for the year more than 8.69 million colourful boxes. Earlier this year, PSA said 1993 container throughput would
      Source: PSA Shipping & Cargo Statistics  -  402 words
    • Article
      Lock icon EU committee to study grain ship sizes, rice as food aid
      236 31 Knight-Ridder BRUSSELS The European Union's grains management committee was to discuss the size of ships in which grains was exported and rice as food aid when they met yesterday, a source close to the European Commission said on Wednesday.
      Knight-Ridder  -  236 words
    • Article
      Lock icon Bulgaria to shortlist offers for transport firm
      221 31 Reuter SOFIA, Bulgaria Bulgaria will shortlist potential investors in its sea and land carrier SOMAT Ltd this week, officials said. "Representatives of our consultant firm Mercer Consulting of France are due to arrive this week with written offers from potential buyers with the
      Reuter  -  221 words
    • Article
      TSA has no US$200 guideline
      148 31  -  LETTER TO THE EDITOR Niels Erich TSA I REFER to your article "TSA to raise freight rates, terminal handling charges" published on Dec 15 which requires some clarifications. First, the writer's contention that the US$225 guideline "is higher than the TSA's general goal of US$2OO
      148 words
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      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1093 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 16 5 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 ASXCLShpg 15 2 Avant Shpg
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      Lock icon Bremen forecasts 20pc growth in box traffic
      220 31 MBT KUALA LUMPUR The Port of Brcmen/Bremerhaven has forecast a 20 per cent growth in container traffic this year to 230,000 TEUs (20-foot equivalent units), the port's operator, Bremer-Lagerhaus-Ges-sellschaft (BLG). said. BLG managing director for sales (container division) Manfred Kuhr said the port's
      MBT  -  220 words
    • Article
      KL firm to sell Norwegian anti-corrosion products
      367 31  -  By Dexter Lee SINGAPORE A group of Malaysian investors has formed a joint venture with Norwegian marine paint maker Jak J Alveberg to sell Anti-cor-rosion and anti-pollution products in South-east Asia. The Malaysian investors, led by Ace Commercial Enterprises managing director Syed Amir
      367 words
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      Lock icon Rates for handy-size ships tumble
      203 31 KnightRidder NEW YORK Weak demand for ships ranging between 20,000 and 30,000 deadweight tonnes has sparked a steep dive in rates for handysize tonnage. Brokers said on Wednesday rates for the smaller size ships had plunged faster than in any other sector of the market.
      Knight- Ridder  -  203 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        636 32 Vewel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure JltrOflg Port Batam Speed3 ****** P01A 16 12/2330 1/12/0300 Batam Murra 12/05/93 14 alongside 17.12/2300 Batam Speed3 ****** P01A 17 12/2000 1712/2300 Batam Sayan* 12/05/93 J1 akx*w* 1712/2300 C»ang Aik 9312 P088 1712/0600 1812/0600 BlissM
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        CONTAINER SCHEDULES
        1479 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Bitance Rslts Ship Voy No Etb/Btr Period From To From Aci Uy 044A 18/1700 2 16/1700 17/0669 17/0900 3 17/0700 17/1159 17/1400 4 17/1200 17/1459 17/1700 Aka Bhum IliN 18/2300 1
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      THE SHIPPING GUIDE
      9553 40 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
      9,553 words
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      DAILY FREIGHTS
      340 47 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.230 on Wednesday from 1,231 on Dec 14. A couple of cargoes are close to being fixed on the key US Gulf to Japan grain run, but trading has essentially been sluggish, brokers said. Cargill is
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      VERITAS BUNKER QUALITY REPORT
      557 47 Carbon Carbon Dec enter 9 Density Water Residue Ash Mumriun Sedment Density Water Residue Ash Ahminun Sedmnt M/M M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method RG/M*3 tV/Vt M/M 1 M/M PPM method ISO/Cmac Units Spec E25 991 LO 1W) 010 30* 010* Eastern USA
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      Lock icon Search for coat of long life
      924 48  -  The huge increase in ballast tank areas on double-hulled vessels means owners are being more careful about selecting high-performance coatings, reports Alan Thorpe Alan Thorpe Lloyd's List Green Tanker Guide ThE Oil Pollution Act 1990 and Marpol requirements for doublehull tankers are focusing the
      Lloyd's List Green Tanker Guide  -  924 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon United Airlines and union advisers revive buy-out plan
        698 50 USssb deal would give employees 53pc stake in company NYT NEW YORK Reviving an employee buy-out effort that appeared dead just a month ago, advisers to United Airlines and its pilots' and machinists' unions agreed yesterday a proposal valued at more than
        NYT  -  698 words
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        Lock icon BA asks US court to dismiss Virgin suit
        299 50 Reuter LONDON British Airways (BA) has asked a US court to dismiss a US$325-million (SSS2O million) US anti-trust suit filed against it by Richard Branson's Virgin Atlantic Airways, a Virgin spokesman said on Wednesday. A BA spokesman confirmed that the airline had
        Reuter  -  299 words
      • Article
        Lock icon Effects of new Gatt worry Big Three automakers
        367 50 Newsday New York The Big Three American automakers were neither praising nor damning the new worldwide trade agreement on Wednesday. But they were concerned it could weaken the nation's ability to protect them against dumping, other nations' closed markets and a renewed
        Newsday  -  367 words
      • Article
        Lock icon One of only 350 in the world
        83 50 AFP BEIJING The limited edition Alia RZ only 350 sports cars are manufactured worldwide by Italian carmaker Alfa Romeo catches the attention of most Chinese trying to get a good look of the American and European cars on display at Beijing's China International
        AFP  -  83 words
      • LOG BOOK
        • Article
          Lock icon Deals done at Indian motor show
          82 50 Reuter NEW DELHI India's motor industry clinched deals worth almost 55 million rupees (552.64 million) at the country's biggest motor show, which ended on Wednesday. The organisers the Confederation of Indian Industry and two motor industry associations said the eight-day Auto Expo 93 produced
          Reuter  -  82 words
        • Article
          Lock icon AWT World's interim net up 69pc
          111 50 Bloomberg Business News HONGKONG Hongkong freight forwarding company AWT World Transport Holdings Ltd on Wednesday said its net profit rose 69 per cent to HKSIS.B million in the six months ended Sep 30, from HKS9.3 million in the year earlier. It said satisfactory performance
          Bloomberg Business News  -  111 words
        • Article
          Lock icon Air France may pull out stake in CSA
          53 50 UPI PRAGUE Air France is considering pulling out its 19.1 per cent stake in the Czechoslovak airline CSA. A Czech government official confirms that behind-the-scenes talks are going on this week in advance of an official meeting on Monday between CSA and
          UPI  -  53 words
        • Article
          Lock icon Domestic sales by Mercedes crash
          82 50 Reuter STUTTGART, Germany Daimler Benz AG on Wednesday said domestic commercial vehicle sales by its automotive unit Mercedes-Benz AG had tumbled 28 per cent in the first nine months of this year. Daimler chairman Edzard Reuter said: "As before, cut-throat competition... characterises the commercial vehicle
          Reuter  -  82 words
        • Article
          Lock icon Dust from soybeans to blame
          76 50 Reuter NAPLES, Italy Scientists on Wednesday said a rare allergic reaction caused by dust from soybeans being unloaded at Naples port may be to blame for respiratory problems that sent 170 people to hospital. Officials ordered the ship out of port for 48 hours to
          Reuter  -  76 words
      • Article
        Lock icon Air France, bank seek refund from Czech airline
        254 50 FT VIENNA Air France and the European Bank for Reconstruction and Development (EBRD) are demanding financial compensation from CSA, the Czech national airline, after claiming that they overpaid for their large minority holdings in the airline. The French airline and the EBRD
        FT  -  254 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1329 50 ag nw ETA nw no^ Abu Dhabi GA970 2240 GA928 2355 GA976 2359 AdataMa QF81 1930 Qf82 2050 QF81 1935 SQ227 2230 Amstartlam SQ25 0635 KL838 2335 KL843 0745 SQ26 2355 KL837 1540 GA976 2359 Athfis SQ348 2250 Auckland NZ35 1645 SQ285 2045 BA12 2200 SQ285
        1,329 words
      • Article
        Lock icon Reopening of Cyprus airport to cost more than US$36m
        211 50 Reuter UNITED NATIONS Nicosia International Airport, out of service since 1974, would cost more than US$36 million (5557.6 million) to renovate and a staff of 584 to operate, according to a report received on Wednesday by UN secre-tary-general Boutros BoutrosGhali. A
        Reuter  -  211 words
  • Page 31 Advertisements
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      18 31 I i*S MAC-NELS HONG DAIIY KONG SAILINGS SINGAPORE:(O2)-*****22 NEW WAREHOUSE I PSA Keppel Distripark Blk 519 #01 -111
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      8 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      53 31 the jS famous CgUROPi ■EEHM3 224 1833 For more information pleane refer to Pg. 15 Seach for long-life coatings, Page 18 United Airlines, union advisers revive buy-out plan, Back Page Cw*' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore r I 1 Business
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      425 32 j?\ TSKLINE AGENCIES (S) PTE. LTD. T V Tel: 226-3363 □yjl J. i3 9 9 IJl\h 226-1972/3 r"JSe nx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 POI MT AAO KS TYQ Y(Ht SIB 180 ECS C PE6ASUS 1« 2212 2112 ACX ULT 0448 **20.12 **22.12 21.12
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      1369 32 DfWICT TO UM WIST COAST C*Mf(>fWHA mm TO MT IMiBI^MaHBraMfIB jBB m__Hai—u m is a on urai-flK—n_ im jbsl rrrm |m>| mi lmini Imnwilnm»| u>ttmhi imr i r—" <«■ icaßT«m wSI CAIIfORMA Pt CASUS 18 Hail 8 1 101 1? 1 131 111 111 121 121 151 CMM *13/5501 10/12
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      2248 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SDN. BHD TEL: *****13 FAX' *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/
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      1889 33 ■UHMHiHMM U. S. A. /CANADA NEXT AVAILABLE SAILINGS MAERSK KOBE V.9402 ETA SIN 20TH DECEMBER 1993 MATHILDE MAERSK V.9402 ETA SIN 21ST DECEMBER 1993 LUNA MAERSK V.9402 ETA SIN 22ND DECEMBER 1993 VBisel Voy ETA ETD Feed* by s L ur- itT*"* 1 destinations Th« wee* mat mil oe maersk
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      1556 34 AOABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) STON H BURG A WERP HAVRE WEST MALAYSIA KAI 05/349 18/12 27/12 2/1 5/1 8/1 10/1 12/1 Pofl Ke4ar>g p e nang LA SEINE 33/150 22/12 8/1 11/1 9/1 Pasir Godang HOECHST EXPRESS 12/350 25/12 3/1
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      550 34 FCL Breakbolk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vootochny, Vladivostok. Moscow, Tashkent, Kiev, Minsk, Rigs, Baku, Irkutsk, Alms Ata North Korea Vietnam Mongolia Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEBT AFRICA FEEDER VESSEL ETA SIN NED EUROPA V. 2453 22/12
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      1232 34 I NOR ASIA" I NORASI A SHARJAH 9349-3 22/12 12/01 15/01 16/01 16/01 17/01 18/01 19/01 20/01 21/01 I' I NORASIA MUBARAK 9350 3 29/12 19/01 22/01 23/01 23/01 24/01 25/01 26/01 27/01 28/01 I* 9351 3 M IV,l\ 2'2i 30/01 30/01 31/01 01/02 02/ °2 03/02 04/02 I; NORASIA
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      1698 35 H STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Kappel Towers Singapore 0208 Tel: *****88 Fax: *****17 NiW QUttHA PACIFIC like CttiyaaitiKUlillAßtftfkMMßMOUftUM jaGCP (A SERVICE OF CHINA NAVIGATION CO) ACCEPTS >atwv CARGO DUE SAILS i STRAITS VENTURE V3IE Muara. Lab. KK 15 IS Dec 17 0« II Dk FCL,
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      1304 35 SINGAPORE AGENT: PJvfl I AntaiYlAl*C P4O Container# (Singapore Agencies) Pte Ltd WV JL. 4JL\. W VjtfllLCllllvX 9 1° Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number: **********0Z EXPORT IMPORT VCBSCL VOV 'MO 'PKO MM ALO SOU
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      562 36 ifK EKA JAYA AGENCIES VliT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE i_MYANMAR TRAPS PAPER |HAHPfHOHe/Pff£CT WUIAMWES um n—MMB IMim MMTi? W CW MWE CITY HtWPY not iHWM oaMMMMH KEIVIN CHAW a—l Hwra/Hw2«►TO MYANMAR/YANQON BCMf CONTAINER SERVICE M OCEANLINES vsi voy stow ibk ?i/i7 n/it in YANGON
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      1663 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FOR VSI STI IfC MAUL SU m PM FW *51 SM |UC HAU SA» AM NTC HANAN BREMEN 010 C 24/12 DWCT 13/1 14/1 15/1 HAWK HOC* 0101 24 12 **00*8 0301 27/1 2S/1 30/1 HAMM
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      Page 36 Advertisements Column 3
      1437 36 J ftrTHHrn INI W IK NC U W tl OB V 9C no 1U CK W R( M HI U H K m M Nl »l I. CKMIH KO4l 20/12 JVI2 27/12 M/ 12 J/1 4/1 4/1 1/1 5/1 11/1 a/1 2/2 «/2 5/2 15/2 14/2 17/2 l«/ 2 H/2
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      2193 37 SCX: CALIFORNIA PEGASUS 18E' ETA SQP 22/12/93 II H VVT II ARRIVING LOS ANGELES 08/01/94 IN 16 DAYS II C 3 HiQ# II AEX: NEPTUNE LAZULI 04E' ETA SQP 20/12/93 HI II ARRIVING NEW YORK 12/01/94 IN 22 DAYS ■I II l| *R1 Connecting Naptuna Cyprina 62E in HM6 08/01/94
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      Page 37 Advertisements Column 2
      1084 37 9 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 4KVP BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 ISgn BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 W I IV| WII AGENTS: KL: 03-*****75/697 PKLG:
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      1683 38 K46 mm AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR No: 1244I*****0M) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I IT MALAYSIA: "K" UK MARITIME (MALAYSIA) SON IHO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAHARA LAUTINTERRUSA, TEL: JKT *****08 rmm *.ambbca^acificbooth-twit
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      1027 38 PHI LI Ott If NT LINGS PT€ LTD V* 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 23 DEC SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 25 DEC AUCKLAND. WELLINGTON. LYTTLETON,
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      1016 39 PACIFIC INTERNATIONAL LINES (PTE) LTD f I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO **********08 BHSSTSHI KiwwwiMiW VESSEL VOY SIN BKK SIN VESSEL VOY SIN JICT SIN KOTAMFLATWBirn KMLI7N iTl* M/tt S/12 "AJAPAHIT 3611 It/12 22/12 26/12 KOTA MEL ATI (BMT) KMLI7N 11/12 21/12 25/12 BUNGA
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      1445 39 [VESSELS VOT 1 STOW HAMBURG ROTTERDAM ANTWERP THMtS It HAlft icllas gmgj> M3iw 22/12 u_oi 20/01 ?i 01 n 01 24/oi WUt p- MIUL» 7531W 21/12 22/01 2* 01 25/01 27/01 20/01 W.LE 01 TUCANA *531* 13/01 2«/01 30_01 31/01 01 02 03/0? IwiLEOEIYBA 7731W 12 01 04 07 06
      1,445 words
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      Page 39 Advertisements Column 3
      397 39 BSAx Ml MYANMA pHU FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P.Gdj PAGAN VZO4W 2S/30 Dec HTA AN VI97W 5/7 J«i PAGAN V2OSW 17/19 lan MAIATSIA AGENTS BOUSTEAD SHPPMG AGENCES ML m U-*****00 Pitt TEI 03 3M676? PEN m 04-*****S PCD: Til 07-*****1/4 NIGERIAN
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      2607 42 Full Container Liner Services Malaysia s Agents: Indonesia's Agents: General Agents: Booking Agents: Gnan Gum Shipping Sdn Bhd Cheng Chiao Shipping Sin Bhd P.T. Global Petra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Banking Centra Sdaßhk 58 Paniaraa Kalt Ma4a Una Let 3.34, 3ri floor, 11. 18. H. laanda
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      635 43 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 20/12 ROTTERDAM 20/12 AARHUS/COPENHAGEN 20/12 HAMBURG/BREMEN 20/12 MARSEILLE/FRANCE 21/12 FELIXSTOWE/UK 20/12 BARCELONA/SPAIN 23/12 LEHAVRE/FRANCE 18/12 GENOA/ITALY 18/12 ANTWERP/BELGIUM 20/12 LOS ANGELES/WC/IPI 19/12 SYDNEY/MELBOURNE 22/12 NEW YORK/EC 17/12 FREMANTIE/ADELAIDE 17/12 VANCOUVER 17/12
      635 words
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      1549 43 ■m—■""ii r"""i1 1 VEBBgL I vessel vov sjn pen '-rl 1 CHAIY* BHUM JOS Fri ta_Pt_ Tw 21/12. 1 ma »HUM 115H Bot 1«/12~ Mow 1 20/12~ VESSEL VOY SIX IKK 3 BHATRA BHUM 088 M 22/12 DEJA BHUM 2203 M Mon 20/12 Wod 22/12 VtHA BHUM 01W Fn In
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      Page 44 Advertisements Column 1
      1734 44 pjfelMN CONTAINER LINES I |-N~/\--|Afl«nU: MAC-NELB SPORE: *****22 (24 LINEB) Uv V No: **********0 C SIBU (064) *****9 KUCHING (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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      Page 44 Advertisements Column 2
      176 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD IT* 111 U* SKW rati HUANG PfWWG am mh 21/1? loata* tor HfU* RUVW HUDHU 7112 Discharging and Loading tor Bombay DOIfHN K POST loading For Ma* ETD 20/12 mcii sum* post saied Loading For Mate UMKEDH 20/12 Loadmg For Mate
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      Page 44 Advertisements Column 3
      996 44 O THONG SOON UNES PTE LTD I /\V\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \J J TR: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I rwoAw C£**wr SINGAPORE TO SARAWAK VESSEL V0?~"~ S'POK DEIT VESSEL ¥QT S PORE IpEST EQUATOR 111
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      834 45 H ORIENT LINE" JAPAN BAY OF BENGAL/JAPAN SERVICE ACCEPTWG BAEAKBU.K SOC CARGOES 10 FROM KOK. YOKOHAMA NAGOYA MOI. TOKYO* MANIA* DAVAO*. Penanf* P Kelanj Singapore E'Msu* SHAPUEVERETT VISE 22/23 Dec 24/25 Dec IVYEVERETT V7E 19/20 )w KARABfVERETT VISE 25/26 lan 27/28 Jan ACCtPTWG BREAKBULK FCI SOC CARGOES 10/ FROM CMTTAGONG.
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      Page 45 Advertisements Column 2
      369 45 131 GLORY NAVIGATION GROUP tt ft 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 19/12 22/12 28/12 TIMBER GLORY 15/12 27/12 SP PKL HCM HK KAO GLORY SELATAN VH 20/12 22/12 29/12 •ALSO LOADING
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      Page 45 Advertisements Column 3
      529 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEL WOT SW KAAACH Bom 134-HW 27/12 05/01 HYDERABAD 12VHW 13/01 22/01 SAAGOOHA Igjg 23/01 01/02 KAGHAN 106-MW 02/02 11/02 FAR EAST CONTAINER SERVICE ONLY VtSStl VOT MR HKG BSN OST" WAG TQK SAAGOOHA 137 ON 23/12 20/12 02/01 05/01 KAGHAN
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      Page 45 Advertisements Column 4
      567 45 iiAUHsijiiMmiiaa FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH HCIAQINGHE V4S/49 22/12 09/01 12/01 FEN HE/33 04/01 20/01 23/01 HUA LI HE/47 19/01 04/02 07/02 ACCEPTS CARGO TO IOHANMESBUNG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN TIGER
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      Page 45 Advertisements Column 5
      257 45 SfN FAR EAST 21/12 KEELUNG/KAOHSIUNG 19/12 BANGKOK 19/12 MANILA/CEBU 19/12 JAKARTA/BELAWAN/SURABAYA 19/12 PORT KELANG/PENANG/E. MALAYSIA 19/12 BUSAN 19/12 TOKYO/YOKO/KOBE/NGO/OSA 19/12 HONG KONG SjN CHINA 19/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EUROPE/UK 20/12 LDN/FLX/LVP/SOU 20/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 19/12 LOS
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      Page 46 Advertisements Column 1
      767 46 HONG KONG/CHINA 22/12 JAKARTA 26/12 BANGKOK 22/12 MANILA 26/12 BUSAN 26/12 KEELUNG 26/12 TOKYO/KOBE 20/12 KAOSHIUN6 21/12 PORT KELANG/PENAN6 20/12 YOKOHAMA 26/12 COLOMBO 23/12 FELIXSTOWE/HAMBURG 26/12 CHITTAGONG/MAORAS 23/12 ROTTERDAM/LE HARVE/ANTWERP 26/12 BOMBAY/KARACHI BARCELONA. MARSEILLES. GENOA 26/12 LAX/NYC 26/12 SYDNEY/MELBOURNE 16/12 < —TJ- CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE 22-007-22
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      Page 46 Advertisements Column 2
      314 46 Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25TH DECEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 24 DEC JAKARTA 19 DEC HONGKONG 19 DEC PORT KLANG 23 DEC FREMANTLE 26 DEC MELROURNE 23 DEC SYDNEY 23 DEC ADELAIDE 23 DEC I GOTHENBURG 23 DEC I 'ACCEPTING TO ALL SCANDINAVIA PORTS
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      Page 46 Advertisements Column 3
      470 46 Next Week's Sailings Singapore I T FTri 7 FIRST FORWARDER IN l° HD To: KID asiaauardf.d Singapore Singapore '**> 9002 by lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY /£s§^lTy Manila SUN Ho Chi \linh FRI ({fUjlil EVERY EVERY Lissl Colombo TUE Limassol THUR MTEJtNATKMAL SEA FREIGHT FORWARDMG M%
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      Page 46 Advertisements Column 4
      178 46 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOY.VKAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH)/NEW YORK/ CHICAGO/SY DNEY/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 47 Advertisements Column 1
      1186 47 mw——- CRYSTAL FREIGHT SERVICES PTE LTD B+U TEL NO: *****88/*****88 FAX: *****88 ASU* HWTS WH ZEJU.AW/WTMIM 1 WMH BANGKOK IQ/19 AUCKLAND 24/12 ANTWERP 20/12 Smcan 90/1? ADELAIDE 23/12 FELIXSTOWE 25/12 SnNfiKnufi 59/19 BRISBANE 30/12 HAMBURG 20/12 lAKARTA 91/19 FREMANTLE 23/12 ROTTERDAM 20/12 SURABAYA 21/12 MELBOURNE 23/12 KEELUNG ma SYDNEY 23/12
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      Page 47 Advertisements Column 2
      203 47 5N GINZA ORIENT SHIPPING CO, SA (GOSCO LINE) VESSEL VOY SM YANOON GINZA ORIENT 04/N IS 20 DEC 20-24 DEC O. STAR OS/N 20 25 DEC 25 30 DEC FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DEEPSEA SERVICE VESSEL VOY SIN ANTWERP TBN 01/N 10/15 DEC SlO JAN ■6A/ST PCTBtSSUK
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      Page 47 Advertisements Column 3
      249 47 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.19 PORTS VOY BUENOS MONTEVIDEO I JAKARTA SINGAPORE WONG KONOI KAQOIIHA YOKOHAMA VESSELS AWES'" DEKABWtST EBQ3 S*UP SAILED MUD SAILED SAILED MUD PRMZERSK EBQ4 SAILED SAJLED SAAED 14 16/12 21/12 26/12 DO PUSAW PAVLOCRAD EPOS SAILED SAILED 22/12 06 10/01 05-06/01 IS/01 20-29/01 >1/01 PETRODVORETS
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      173 47 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 2.0 2.4 2.6 2.6 2.3 1.9 1.5 1.2 1.2 1.3 1.7 2.3 2.9 3.2 3.2 2.9 2.4 I.S 1.2
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      Page 47 Miscellaneous Column 2
      123 47 Weather LEGEND R Thunderstorm Temperature X\ A sho wef Weather _X Wind direction with speed in knots Cloudy Sky W ve Surtoce winds are indicoted by arrows which Hy with the w«kJ C*) One fu» crcle represents colm or light and variable wnds One holt Heche represents 5 knots I—•-
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      Page 48 Advertisements Column 1
      671 48 VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 33N8 17/12/93 25/12/93 VIGOUR PACIFIC 33ANB 20/12/93 25/12/93 LOADING EVERY VIGOUR SINGAPORE 69N8 24 12 93 1, 1/94 FRIDAr MONMT VIGOUR SINGAPORE 69AN6 27/12/93 1/1/94 POftT KIANG/PENANG PULL fcOMTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR PACIFIC 33N8 17/12/93
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      Page 48 Advertisements Column 2
      371 48 @APPENSHIP /Q\ HAMBURG \TV/ CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOADING PORTS DtSCHARGE LOADMG FOR FORUM AKASAKA ANTWERP 05.11.03 SPORE 21/12 HARMONY SEA 13.11.93 SPORE 20/12 FRUITION ANTWERP 23.11.93 SPORE 6/1 BKK 11/1 KOALA CONTAINER LINE STORE FU HAM TOT LEH DKK
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      Page 48 Advertisements Column 3
      386 48 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOACMNG FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCLI EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Plmm rater above mentioned
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      Page 49 Advertisements Column 1
      881 49 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 KSSELS VOY PNA PKE I PGP I VESSELS VOT SB HTM ANT* LEH* MM ADVANCE 033 A 13/12 14/12 16/12 H. COMMAWER 307* 20/12 07/01 07/01 01/01 09/01 09/01 11/01 NOR MALACCA 9351 A 20/12 21/12 23/12 SI
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      Page 49 Advertisements Column 2
      450 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu w v n hoc u cosac ruiu 42 2S/12 27/12 »i uusa 12 t/i cosac USUI V 2« 2/1 TMM m 21/12 ustui nut hi 1/1 1/1 KIOMM V 24 25/12 21/12 OUTBOUND VESSELS LOAMMC FPU TYO/StHMM SEKI
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      Page 49 Advertisements Column 3
      902 49 JEDDAH/UK/CONmNENT (STORE IEO STON H-BURS I-DAM lEH •Mu Acccpti* Cap F«: KM OS/34) 11/12 27/12 5/1 1/1 18/1 12/1 MM UK dnhnatwi BMtat and OnMr LA SEX 33/150 22/12 1/1 11/1 13/1 Rotterdam :to d Mntvdn. o*. Mm* HOECHST EXPRESS 12/350 25/17 3/1 11/1 14/1 10/1 11/1 Imßm-li. :toM UK
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      Page 50 Advertisements Column 1
      159 50 Tomorrow in Business Times OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME WE. LABROY MARINE PTE LTD OF No. 52 JALAN BENAAN Kapal, Singapore 1439, hereby give notice that in CONSEQUENCE OF PURCHASE OF "CITY OF DUBAI" WE HAVE appliedtothe Registrar of Singapore Ships, under Section 386 ofthe merchant Shipping
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      Page 50 Advertisements Column 2
      5 50 INVESTMENT Tomorrow in Business Times
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