The Business Times, 31 December 1993

Microfilm: NL18968
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WE KNOW ASIA M ITA(F) 010/12/93 Friday December 31 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 11 points
      48 1 Reuter NEW YORK Wall Street stocks eased yesterday in response to big losses in the bond market. The falling bond market was reacting to strong US economic data. The Dow Jones industrial average was down 11.18 points at 3.783.15 at Ipm EST Reutcr
      Reuter  -  48 words
    • Article
      Lock icon Travelers-Primerica merger approved
      67 1 Bloomberg Business News HARTFORD. Connecticut Travelers Corp and Primerica Corp said their shareholders vesterdav approved the USS3.3 billion (555.2 billion) buyout of Travelers by Primerica. The merger of the two linancial services companies will close today. The combined company, to be called Travelers Inc. will be one
      Bloomberg Business News  -  67 words
    • Article
      Lock icon New Pan Am formed by Cobb Partners
      55 1 Rcuter NEW YORK Cobb Partners and Flying Cloud Associates said yesterday that they have formed Pan American World Airways Inc. promising to return Pan Am to a "position of world leadership and prominence". The reincarnated airline will be led by chairman and chief
      Rcuter  -  55 words
  • Article
    MARKET SUMMARY
    111 1 Stock market indices Ihursdav Change srn ..2.390 61 -36.24 KLSE Composite. .1.231.73 -0.13 Nikkei 17 417.24 145.21 Hang Seng 47 427.7 SFT Index 1 ***** 14 22 Jakarta Composite ...588.77 +0.89 C'LSA C hina B .1.***** f45.36 ...1154.5 27.6 ftse 100 3.428.8 -33 2 I hurvia v Pre*io«is
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  • Article, Illustration
    Govt plan to enhance value of Bt Timah/Holland Rd homes
    565 1  -  By Lee Han Shih SINGAPORE Owners of the 19,000 dwellings in Singapore's most exclusive housing district were given a postChristmas present yesterday when the government unveiled plans to protect and enhance the value of properties in the Bukit Timah/Holland Road
    565 words
  • Article
    Developers contribute $1.4b to govt coffers
    534 1  -  By Sylvia Wong SINGAPORE Housing developers contributed a bumper $1.47 billion to the state kitty in 1993 by buying privatised state land for residential development. This is more than half the $2.66 billion netted by the government in the past four years since it
    534 words
  • Article, Illustration
    Lock icon Investors get fingers burnt over Guthrie loan stock
    483 1  -  By R Sivanithy SINGAPORE Naive investors yesterday continued to get their fingers burnt as they punted the price of engineering firm Guthrie's 1994 loan stock to a high of 47 cents when the nominal value of the instrument is 20 cents. On
    Source: Bloomberg  -  483 words
  • Article, Illustration
    S'pore and KL stocks slip as HK, Thailand hit new highs
    258 1  -  By R Sivanithy SINGAPORE The region's stock markets yesterday posted mixed results, with corrections here and in Malaysia, hut Hongkong and Thailand powered to new records. After setting five successive records, the Straits Times Industrials Index here finally corrected,
    258 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      194 1 PERSONAL FINANCE INVESTMENT Every Saturday in "Wi Henry Ng, group MD of newly-listed Pan-United, talks to BT about his work and his father, who, no longer active in Pan-United, is busy developing an industrial park in China 3 times the size of Toa Payoh Shipping Tiroes, Page 18 CONTENTS News
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      Page 1 Advertisements Column 2
      49 1 Advertising Marketing: p K 9 Nike gains strong foothold in Asia BT looks back on a year when the Singapore stock market rose and rose and rose In Executive Lifestyle tomorrow SINGAPORE BUSINESS OUT NOW J fsITTgl a chance for Singapore Business readers to win 1,000 Kim Eng shares
      49 words
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      Page 1 Advertisements Column 3
      60 1 LZI rTFI Hock Lock Siew: pg 13 Lh 3 i DEC Money in Myanmar foMyLris? \vi\ PAGE 2 Condo prices expected to soften Bukit Merah to get swanky new image Government land sales since 1990, Page 2 BT Turkey Awards 1993 We pay tribute to the individuals and groups whose
      60 words
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      Page 1 Advertisements Column 4
      141 1 \±ste Bottom Line: Pg 12 Sontpjsilver lining for Europe 11l 7 I i i K I I'll ■1 f... Lease a Waterside apartment; get a 'Country Club' and the sea as well Enjoy complete recreation facilities, even as you admire the magnificient sea view from your elegantly fitted apartments. Appreciate
      141 words
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      Page 1 Advertisements Column 5
      33 1 THE -W7 VISIBLE VDIFFERENCE IN PROFESSIONAL EYE CARE OPTKJLT. PiRtS Vf/A Plaza Singapura Liang Court Marina Square Scocts Clifford Daimaru Sunglasses Counter Full reports. Pages 18-22 Editorial: Toasting a splendid year. Page 10
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article
        Financial services the growth leader
        421 2  -  By Anna Teo WITH the bulls in full charge this year, the financial services sub-scctor will undoubtedly emerge the growth leader in 1993 with a 17 per ccnt rate, analysts expect. Broking firm J M Sassoon sees the sub-scctor recording its third straight quarter of
        421 words
    • Article
      Condo prices expected to soften next year
      739 2  -  By A J Leow PRICES of condominiums and 99-year leasehold units may ease next year in the face of an abundant supply of new non-landed properties. This is despite demand from HDB upgraders remaining robust, property watchers say. Moreover, pressure on rentals will
      739 words
    • Article
      Government land sales since 1990
      389 2 Dale 1 Location Size (•qft) Pric* (*n) Awarded to No of unto Project* 1990 j Jan Tek* Blangah 140.132 25.3 90.14 FCC 154 Harbour View Towers Jan Tanah Merah 243,768 29.2 59.89 FCC 288 Tanamera Dec Clement! 236.806 21.6 45.61 Orchard Parade 318 West Bay
      389 words
    • Article
      JTC to freeze building rents
      227 2  -  By Abdul Hadhi THE Jurong Town Corp (JTC) will freeze its building rents in 1994 but posted industrial land rents will see a slight rise. Announcing its decision yesterday. Singapore's biggest industrial landlord said it has decided to maintain posted building rents for standard and
      227 words
    • Article
      HDB to release 525 rental shops for sale to tenants
      191 2 THE Housing and Development Board will offer another 525 rental shops for sale to existing tenants next month the seventh batch since June last year. The HDB said yesterday the latest shqps for sale were in Bedok. Chai Chce Drive.
      191 words
    • Article
      $2 CBD levy unlikely to deter motorists: survey
      274 2  -  By Dexter Lee THE Government's move to ease traffic flow in the central business district by charging motorists S2 during off-peak hours is likely to have little effect, according to a survey. The private survey, conducted by the Marketing Institute of Singapore
      274 words
    • Article, Illustration
      Bt Merah to get swanky new image
      314 2 BUKIT Merah's image as a district of low-cost public housing will probably be forgotten by 2010. By that time there will be swanky new commercial complexes and more private housing. And the BP refinery and Keppel docks opposite Sentosa will make way for
      314 words
    • Article
      Golden Village to run Cathay's suburban cinemas
      168 2 GOLDEN Village Entertainment. the company that manages the multiplex cinemas at Yishun and Bishan, will run Cathay's suburban cinemas from tomorrow. The move is part of a jointventure agreement between Cathay Organisation and Golden Village, signed in October. Under the agreement. Golden Village
      168 words
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      Page 2 Advertisements Column 1
      242 2 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. •To ensure a daily copy, call Customer Sen/ices Section on 1800-749-2577, and ask for home or office delivery service. WHEN
      242 words
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  • THE REGION
    • Article
      Lock icon Ramos approves 362b peso budget for next year
      441 3 AFP AP Reuter MANILA President Fidel Ramos yesterday signed into law a 362 billion peso (5520.5 billion) budget for the Philippine government in 1994, vetoing several cuts and realignments put in by congress. Chief among the items vetoed was a 32 billion
      AFP; AP; Reuter  -  441 words
    • Article, Illustration
      Lock icon A breath of fresh air
      74 3 AFP BANGKOK A Bangkok police officer inhaled oxygen on Wednesday from a tank installed in a busy area of the Thai capital Donated by a private company for use by traffic police and pedestrians who feel weakened by the capital s notorious air pollution, the
      AFP  -  74 words
    • Article
      Lock icon Cambodian budget a milestone, says minister
      285 3 Reuter PHNOM PENH A milestone budget and economic legislation passed by Cambodia's parliament this week has brought government accounting procedures into line with international standards for the first time since the *****, Finance Minister Sam Rainsy said. "You could call it a silent, peaceful
      Reuter  -  285 words
    • Article
      Lock icon Surge in number of new companies in Malaysia
      435 3 MBT KUALA LUMPUR The rapid economic growth of the country coupled with optimistic forecasts for the economy in future have pushed up the number of new companies incorporated by 29 per cent to 28,300 in the first 11 months of this year.
      MBT  -  435 words
    • Article
      Fears that strong Thai growth will trigger high inflation
      384 3  -  From Andrew Cooke in BANGKOK A GROWING number of Thai officials and academics are warning of a blow-out in inflation and the current account because of rapid economic growth and heavy dependence on foreign funds. Finance Minister Tarrin Nimmanhaeminda admitted he
      384 words
    • Article
      Lock icon Vietnam denies reaching secret China deal on Spratly Islands
      368 3 Reuter HANOI Vietnam has denied a foreign newspaper report it reached a secret deal with China to shelve a territorial dispute over the Spratly Islands, saying the two countries were still actively negotiating the issue. The foreign ministry, in a statement
      Reuter  -  368 words
    • Article
      Lock icon Former Thai coup leader Manoon acquitted in murder plot
      394 3 AFP BANGKOK One of the Thai army's "Young Turks", who twice tried to overthrow the government in the 1980s, was acquitted yesterday of involvement in a shadowy assassination plot dating back to 1982. Manoon Roopkachorn, 58, was cleared for lack of
      AFP  -  394 words
    • ASIA NOTES
      • Article
        Lock icon Centrist party gives Indian PM majority
        112 3 AFP NEW DELHI Ten members of parliament from a centrist party joined ranks with Indian Prime Minister P V Narasimha Rao's Congress (I) yesterday, giving the ruling party an absolute majority in the Lower House. Janata Dal (People's Party) leader Ajit Singh said that
        AFP  -  112 words
      • Article
        Lock icon Japan may lend Indonesia 400b rupiah
        100 3 Reuter JAKARTA Japan is likely to lend Indonesia 400 billion rupiah (SS3O2 million) to build a reservoir in Lampung province, the official Antara news agency reported yesterday. Antara, which did not say if the loan had been officially approved, said the project would be
        Reuter  -  100 words
      • Article
        Lock icon Beijing sending food to quell unrest
        124 3 Bloomberg Business News HONGKONG The Chinese government is sending food supplies and deploying riot squads in major cities in an effort to quell any unrest ahead of the Chinese Lunar New Year in February, the South China Morning Post reports. Central and local authorities
        Bloomberg Business News  -  124 words
      • Article
        Lock icon Manila to ease curbs on retail, banking
        79 3 Reuter MANILA The Philippines Board of Investments said it would push further the relaxation of controls in retail trade and banking to allow the entry of more foreign investment. Trade Undersecretary Tomas Alcantara said in a statement the opening up of the two
        Reuter  -  79 words
    • Article, Illustration
      Lock icon Suharto calls for budget discipline in new year
      435 3 Reuter JAKARTA Indonesia's President Suharto yesterday called for tight budget discipline to help his country's fastgrowing economy, burdened with falling oil prices and declining foreign investment. "As development funds force us to implement programmes that have been outlined for the 1994-95 budget,
      Reuter  -  435 words
    • Article
      Lock icon Japan may set higher 2.5 pc economic growth for 1994
      492 4 AFP Bloomberg Business News UPI TOKYO The Japanese government may set its official economic growth forecast for fiscal 1994 starting next April at 2.5 per cent in terms of the gross domestic product (GDP), the Nikkei reported yesterday. Officials from
      AFP; Bloomberg Business News; UPI  -  492 words
    • Article
      Lock icon Opposition chief threatens to topple Hosokawa cabinet
      188 4 AFP TOKYO Japanese opposition leader Yohei Kono has threatened to topple the coalition cabinet of Prime Minister Morihiro Hosokawa if it fails to. introduce measures to stimulate the economy, says the Yomiuri Shimbun daily. Mr Kono, president of the Liberal Democratic Party (LDP),
      AFP  -  188 words
    • Article
      Lock icon Japanese construction firms spend big on hard-to-trace funds
      281 4 AP TOKYO Japan's scandalridden construction industry reported large amounts of haKd-to-trace spending last year, tax authorities said yesterday. Such unaccounted-for funds are generally spent as rebates, commissions or bribes, which are still common among construction companies bidding for public works projects. In
      AP  -  281 words
    • Article
      Kuok plans big apartment project in Sydney's Chinatown
      342 4  -  From Florence Chong in SYDNEY MALAYSIAN tycoon Robert Kuok is planning to develop residential apartments in Sydney through his Shangri-La hotel group. Mr Kuok is expected to buy a half-completed development from Japanese developer Kajima at Haymarket in Sydney's Chinatown next month.
      342 words
    • Article
      Lock icon HK's soaring costs worry multinationals
      449 4 Grave concern at high rents, salaries, govt survey shows Bloomberg Business News Reuter HONGKONG Foreign companies with regional headquarters in Hongkong have expressed grave concern about the rapidly rising costs of offices. apartments and labour, according to a government survey released yesterday. They believe overwhelmingly
      Bloomberg Business News; Reuter  -  449 words
    • Article, Illustration
      Lock icon MP's unsafe seat
      52 4 AFP TAIPEI A Taiwanese opposition MP, Huang Chao-hui, (foreground) hurls a chair at the venue chairman of parliament, Wang Chin-ping, during a chaotic session yesterday. The ruling Kuomintang (KMT) and opposition MPs scuffled with each other over the passage of two controversial bills that legalise two security
      AFP  -  52 words
    • Article
      Lock icon Nafta poses severe challenges: China
      360 4 Reuter BEIJING China has complained that its foreign trade sector will face "severe challenges" from the North American Free Trade Agreement (Nafta) and said parts of the pact between the United States, Canada and Mexico were protectionist. "Nafta professes to espouse free trade, but some
      Reuter  -  360 words
    • Article
      Lock icon US, N Korea edge closer at UN nuclear talks
      423 4 AFP AP NEW YORK Washington and North Korea are narrowing their differences over the dispute on Pyongyang's nuclear ambitions, a senior United Nations official said here yesterday. He was commenting on the outcome of a new round of working-level talks between
      AFP; AP  -  423 words
    • Article, Illustration
      Lock icon Li Peng worried about foreign cigarette firms' impact
      449 4 Bloomberg Business News HONGKONG Chinese Premier Li Peng has expressed concern about the impact of foreign cigarette companies' sales campaigns on the nation's health, according to an antismoking activist who met him earlier this month. "He expressed concern that the foreign tobacco
      Bloomberg Business News  -  449 words
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  • THE WORLD
    • Article
      Lock icon US home sales hit all-time high amid more signs of recovery
      490 5 Reuter WASHINGTON In two positive signs for the US economy reported on Wednesday, sales of existing homes hit an all-time high and the government's key economic gauge increased for a fourth straight month. The National Association of Realtors said
      Reuter  -  490 words
    • Article
      Lock icon US studying ownership of securities abroad
      250 5 KnightRidder WASHINGTON The Treasury Department is conducting a new survey to measure US ownership of foreign stocks and bonds, which could show US national income higher than currently reported, a Treasury official said. Milton Pappas. the official in charge of the survey, said the
      Knight-Ridder  -  250 words
    • Article
      Lock icon Waigel sees 0.5-1pc growth for Germany
      182 5 Knight-Ridder BONN Western Germany's economy should expand between 0.5 per cent and one per cent in 1994. Finance Minister Theo Waigel said in an article scheduled to appear today in the Handelsblatl newspaper. Mr Waigel also said the federal government would hold the 1994
      Knight-Ridder  -  182 words
    • Article
      Lock icon Eurotunnel deal with France, UK clears way for new funding
      403 5 FT LONDON. PARIS Eurotunnel is to drop most of its estimated £500 million-£l billion (SSI.2 billion-552.4 billion) of claims against the British and French governments in return for winning an extra 10 years on its concession to operate the Channel
      FT  -  403 words
    • Article, Illustration
      Lock icon Countdown at Times Square
      57 5 Reuter NEW YORK This "deathclock" in New York's Times Square was unveiled on Wednesday in order to tick off the number of guns in America and the deaths they cause. The clock, financed by New York businessman Robert Brennan, founder of the Dehere Gun Fighters of
      Reuter  -  57 words
    • WORLD WATCH
      • Article
        Lock icon US may speed up tariff cuts with Mexico
        108 5 Reuter WASHINGTON US Trade Representative Mickey Kantor announced the start of talks under the new North American Free Trade Agreement to speed cuts in Mexican tariffs on items ranging from wine to bedding. The agreement, to go into effect tomorrow, calls for
        Reuter  -  108 words
      • Article, Illustration
        Lock icon Russians expecting more aches in 1994
        50 5 Reuter MOSCOW An elderly woman gazing sadly as she buys eggs at a small street market in Moscow on Wednesday. In the new 1994 year Russians expect a further surge in prices on every product, which are already beyond the reach of millions. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Russian weapons to repay US$1.5b loan
        129 5 AP SEOUL Russia has presented a list of missiles, tanks and other weapons it wants to use in repayment of US$l.5 billion (552.4 billion) borrowed from South Korea, the Yonhap news agency said yesterday. On the list are almost all the modern weapons Russia
        AP  -  129 words
      • Article
        Lock icon Rome to revise capital gains tax rules
        107 5 Reuter ROME The Italian government plans to reimpose capital gains tax on stock market deals suspended last year until the end of June 1994 but will simplify the rules to guarantee greater stability and transparency. A cabinet statement said the revised tax rules
        Reuter  -  107 words
      • Article
        Lock icon Rail authority ordered to carry racy ads
        77 5 AP BOSTON Condom ads with daring slogans such as "One of these will make you 1-I,oooth of an inch larger" must appear unaltered in Boston's subways and trolleys, a federal judge ruled. US District Judge Rya Zobel said on Tuesday that subways and
        AP  -  77 words
      • Article
        Lock icon UK business failures fall 11.2 pc
        91 5 Reuter LONDON Business failures in Britain fell by 11.25 per cent in 1993 down for the first time since 1987 but small firms are still at greatest risk, the information company Dun Bradstreet said. Company liquidations and bankruptcies totalled 55,733 compared with a record
        Reuter  -  91 words
      • Article
        Lock icon US jobless claims at lowest
        82 5 Bloomberg Business News WASHINGTON Fewer Americans filed first-time claims for unemployment benefits in a workweek shortened by the Christmas holiday, the Labor Department said yesterday. Initial weekly unemployment claims tumbled a surprising 39,000 to 291,000 last week, the lowest level of claims since February 1989,
        Bloomberg Business News  -  82 words
    • Article
      Lock icon Pan Europe market in operation from tomorrow
      374 5 AFP BRUSSELS The world's largest single market, the European Economic Area, will come into being tomorrow through a treaty between the 12-nation European Community and five neighbouring countries. The treaty extends the single market rules of the EC to Austria, Finland. Sweden, Norway
      AFP  -  374 words
    • Article
      Lock icon Growing joblessness threatens EC plans for single currency
      393 5 AFP BRUSSELS Unemployment wiped the shine off the European Community's drive towards greater unity, as a growing army of jobless threatened to trample down ambitious plans for a single currency. It also began eroding Europe's generous system of social protection, funded largely
      AFP  -  393 words
    • Article
      Lock icon Shell, Montedison to form new plastics giant
      396 5 Bloomberg Business News MILAN Royal Dutch Shell/Shell Group and Montedison SpA said they will merge major parts of their plastics businesses, creating an equallyowned company with annual sales of about USS2.7 billion (554.3 billion). The new company will be the world's largest producer
      Bloomberg Business News  -  396 words
    • Article
      Lock icon Russia not asking for easier credit from IMF
      363 5 Reuter WASHINGTON Russia's representative to the International Monetary Fund said Moscow was not seeking to have the lending agency's tough loan conditions eased despite its critical need for funds. "Russia is not seeking any exemptions of normal (loan) rules for itself," konstantin
      Reuter  -  363 words
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      Page 6 Advertisements Column 1
      920 6 NffHliltf BfCL where to wine, dine and entertain PnNO V ~3 H v Countdoftif 94 4 NwrVear's Dqj^ 4' F.nterhunment Attack'. $50** V drmk. $35++jHtb 4 vl fc 1' PLAZAHoteI y Br«.«KuMSaiß. i<lfrll7l9Vt J9MMI Irresistible Economical Set Meals Company Private Functions J Free-flow of soft dnnks I Birthday Celebrations I
      920 words
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      Page 6 Advertisements Column 2
      533 6 Delectable Yoag Do»-F« Buffet at mn.im Chatterbox every Saturday and Sunday. 12.30 pa to 5 pa $14.50 per peraoa $8.50++ per cbild (below 10 yn) Mezzame Suuiptuoua CoutiueuUl fc Local Afternoon Tea iptead at Mezraaiae Lounge. Daily. 2 pa to i pa $14.00 per peraoa $10.00++ per child (below 10
      533 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Robbins aims for the write stuff
      908 7 Author Tom Robbins, whose book Even Cowgirls get the Blues has just been made into a movie, strives for perfect sentences in an imperfect universe NYT THE dark-season rains have come to the little hamlet of La Conner, Washington, and under the wet blanket
      NYT  -  908 words
    • Article, Illustration
      Lock icon Always keep mum about your sex life
      338 7 CHATTERBOX AP AP AP JOAN and Melissa Rivers agree on one thing when it comes to fostering motherdaughter communications. "Never tell her about your sex life or lack of it. It's ugly to see pity in a daughter's eyes," Joan Rivers advised in
      AP  -  338 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      347 7 #NEW YEAR MENU (By Reservations Only) W Cold Shnmps Salad in Calipso Sauce Cocked Ham Rolls in Jelly "Parmigana" style Egg Plants Vegetables stuffed Pancakes Pasticoata style pasta Seafood Tortellini with Wbite Wine sauce Brasato (Beef Slice) in Bar ok) sauce Young onions in Butter sauce Fish cuts m Livomese
      347 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      1033 7 OUR CHOICE Impulse, 9.30pm, SBC 5 A policewoman (Theresa Russell) works undercover in a narcotics operation. The bust goes wrong, and the undercover hooker gets stuck in the dark side. 1990 effort. The Travelling Companion, 3pm, SBC 5 After his father's death. Jan goes ofT to seek his fortune. He
      1,033 words
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  • SPORTS
    • SIDELINES
      • Article
        Lock icon London to New York — by car
        111 8 London to New York by car AFP NEW YORK To commemorate United Nations' anniversary, motoring history will be made if the teams that set off from London's Houses of Parliament on Monday reach their goal. Six drivers will attempt to become the first to drive overland from London to New
        AFP  -  111 words
      • Article, Illustration
        Lock icon High flier
        34 8 Reuter OBERSDORF. Germany A ski jumper flying over the small Bavarian town of Obersdorf during a practice on Wednesday. Obersdorf is the first station of the Four-Hills-Ski-Jumping tournament which started yesterday. Reuter
        Reuter  -  34 words
      • Article
        Lock icon Wessels to play on
        97 8 Reuter MELBOURNE South African cricket captain Kepler Wessels, who guided his team to a draw in the first test against Australia on Thursday, is to delay surgery on an injured knee in order to play in the second test starting on Sunday. Wessels, who aggravated a
        Reuter  -  97 words
      • Article
        Korda, Novotna top seeds
        67 8 PERTH The Czech Republic's Petr Korda and Jana Novotna are No 1 seeds in the A 5760,000 (S$820,800) Hopman Cup mixed teams' tennis tournament starting here today. Korda, ranked 12th in the world, and Novotna (sixth) have earned favouritism ahead of the Unites States' Ivan Lendl
        67 words
      • Article
        Lock icon Beep, beep, the ball's out
        106 8 Reuter PERTH For the first time at a major event, line judges will be made redundant by an electronic system which its inventors believe will revolutionise the sport. The system, known as TEL (Tennis Electronic Lines), has developed embarrassing faults when tested at previous tournaments.
        Reuter  -  106 words
    • Article
      Lock icon United on track to win elusive Double next year
      367 8 Reutcr LONDON With virtually every rival manager in the English Premier League already conceding the title to Manchester United. Alex Ferguson's team could be forgiven for having their eye on another prize this season the elusive Cup and League Double. Although
      Reutcr  -  367 words
    • Article, Illustration
      Lock icon Small Sydney sloop Ninety Seven wins
      487 8 Sydney-to-Hobart yacht race Reuter SYDNEY The small Sydney sloop Ninety Seven survived mountainous seas and mast-snapping gales to win the 1,168 km Sydney-to-Hobart yacht race yesterday and become the smallest boat to take line honours in 40 years. The 14.3-metre Ninety Seven took four
      Reuter  -  487 words
    • Article, Illustration
      Lock icon US restores superpower status after Europe's golden decade
      892 8 Golf AFP PARIS Normal service was resumed in 1993 as the US reclaimed its place at the top of the golfing world after a decade of European domination. In a year that saw Lee Janzen emerge to lift the US Open and
      AFP  -  892 words
    • Article
      Lock icon They are good, but how good?
      604 8  -  Dave Anderson assesses Giants' chance for the Super Bowl Dave Anderson NYT EAST RUTHERFORD. New Jersey When a pro football traveller apologised for making various airline reservations from Dallas, San Francisco and New York to Atlanta for Super Bowl XXVIII, his explanation was that
      NYT  -  604 words
    • Article
      Lock icon Holyfield: A year of loss and redemption
      434 8 UPI NEW YORK It was a year of loss and redemption for Evander Holyfield The heavyweight champion began 1993 having recently lost his title to Riddick Bowe. He spent the year answering questions as to whether he ever should have worn the belt
      UPI  -  434 words
    • Article, Illustration
      Lock icon Cross-Vietnam bicycle race
      165 8 AFP HANOI Vietnam is to organise a cross-Vietnam bicycle race that will take riders to the site of the French defeat in 1954 at Dien Bien Phu to mark the 40th anniversary of the battle, reports yesterday. The pack will leave Hanoi on April 30, and head
      AFP  -  165 words
    • SCORE CARD
      • Article
        Lock icon Basketball
        39 8 AP NEW YORK Results of games played on Wednesday: Sacramcnto 103 Washington 97: Atlanta 92 Orlando 90. Chicago 94 New Jersey 86; Utah 110 Boston 107 (OT); Seattle 99 LA Lakers 92: Portland 114 LA Clippers 98. —AP
        AP  -  39 words
      • Article, Illustration
        Lock icon Cricket
        149 8 Reuter MELBOURNE Seorcboard on the fifth day of the first test betweeen Australia and South Africa yesterday. Australia first innings 342 for seven declared (M Taylor 170. M Waugh 84: Matthews three for 68) South Africa (overnight 59 for one) A Hudson retired hurt 64 G Kirsten c Taylor
        Reuter  -  149 words
      • Article, Illustration
        Lock icon Ice hockey
        39 8 AP NEW YORK Results of games played on Wednesday: Florida 5 Hartford 3: Quebec 5 NY Islanders 3; NY Rangers 4 St Louis 3; Dallas 4 Toronto 0: Winnipeg 3 Chicago 2: Edmonton 6 Montreal 3. AP
        AP  -  39 words
      • Article, Illustration
        Lock icon Table Tennis
        67 8 AFP AN DOVER, England Japan crashed 5-1 to England in the first of a four-match international men's series here on Wednesday night. Results: C Prean bt K Matsushita 21-10. 21-11: M Syed bt Y Matsushita 23-21. 21-15; A Cooke bt K Nakamura 21-16. 21-10: Prean bt Y Morimoto
        AFP  -  67 words
      • Article, Illustration
        Lock icon Tennis
        81 8 AP MELBOURNE Results of matches played yesterday in the Colonial Classic exhibition tournament at the National Tennis Centre. Men's Round-Robin, Group A: Thomas Muster (Aus) b Emilio Sanchez (Spa) 6-7 (8-10). 6-4, 6-3; Todd Woodbridge (Aust) b Brett Steven (NZ) 6-3. 6-7 (2-7). 6-3. Group B: Karcl Novacek (Czech
        AP  -  81 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Running the race in Asia
      653 9  -  Corinne Kerk looks at how Nike is doing it in the region its fastest-growing market Corinne Kerk IF NIKE the world's biggest supplier of athletic footwear were to have its way, every athlete in the Asia-Pacific would wear sneakers bearing its distinct swoosh mark. And
      653 words
    • Article
      Lock icon Ad agency shares fail to appeal
      596 9  -  Despite an upturn, buyers are wary, reports Joshua Mills in New York Joshua Mills NYT THE stores are bustling with shoppers, and newspapers and magazines are thick enough with ads that they can double as barbells. Economic reports of good news have advanced to
      NYT  -  596 words
    • COPY LINES
      • Article
        Philip Kotler to conduct MIS seminar
        92 9 SINGAPORE Renowned marketing guru Philip Kotler will be in Singapore on Jan 28 to conduct a seminar and lecture organised by the Marketing Institute of Singapore. The MIS is the national organisation for local marketing professionals, of which Dr Kotler is an honorary fellow.
        92 words
      • Article
        Lock icon Van Heusen and Lintas part company
        96 9 NYT NEW YORK The Van Heusen Company and Lintas New York have mutually decided to part ways after five years. "It was a financial issue for us," says Lintas New York's chairman and chief executive Tony Miller. "We've got ambitions in the fashion apparel
        NYT  -  96 words
      • Article
        Lock icon Clio Awards chief introduces changes
        91 9 NYT NEW YORK The new owner of the Clio Awards is making changes to the competition for 1994. The chief executive of Clio Awards in Chicago and New York. Jim Smyth, said that before awards were presented, there would be an exhibition of advertisements that
        NYT  -  91 words
    • Article, Illustration
      India's top-seller Kingfisher Lager launched here
      165 9 THE Kingfisher has joined the Tiger, giving local beer lovers another brand to choose from. Kingfisher Lager, a beer with a fruity taste, is India's largest selling beer and was launched here this month. It has a 20 per cent share of the Indian
      165 words
    • Article
      Lock icon UK firms split on brand values
      570 9 Reuter TOP British consumer products companies are divided over whether or not to give their worldwide key brands a value. A debate over questions like what is the value of Johnnie Walker scotch whisky has been fuelled by the failure of the British Accounting
      Reuter  -  570 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      231 9 INDUSTRIAL COMMERCIAL BANK LIMITED (Incorporated iott>e Republic of Singapore) LOST CERTIFICATE Notice is hereby given that certificate numbered *****96 1 covering 1 000 shares in the name of Ng Siew Chon has been reported lost Notice is also hereby grven that the original certificate will be deemed duly cancelled and
      231 words
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      Page 9 Advertisements Column 2
      625 9 BUSINESS TIM _L_S T01.1.-I'RMSTHI.. No. 1-800-741-1883 lAX 741-1298 M THE MATTERS OF THE COMPAMES ACT CAP SO AND tTONEBUCD ENQMEERMQ FTE LTO (In Members' Vblmtary LkMdaMon) NOTICE OF RESOLUTION At an Exfreorfnary General MmSnq d company duly oonvanad and held at 101 Upper Croaa Soeet *04-37. People's Park Canes. Srgapore
      625 words
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      Page 9 Advertisements Column 3
      196 9 M THE MATTER OF THE COMPAMES ACT. CAP SO ANO M THE MATTER OF SMELL LUMUCANTS MJMDMO (SINOAPORE) pte limited (In Mnwbin' Voluntary Liquidation) HQTICSOFFBIALMEETIMO notice is hereby gjven pursuant to Section 308 of the Companies Act Cap 50, that a Final Meeting of the Members of the abovenamed Company
      196 words
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  • Article
    Toasting a splendid year
    523 10 EDITORIAL FOR stockmarkets in South-east Asia, 1993 will go down as one of the most spectacular years ever. All of the region's markets have seen gains that out-did even the most optimistic of predictions. And even when the pundits thought that the markets would settle down
    523 words
  • WHAT THE OTHERS SAY
    • Article
      Help those most in need
      236 10 THE Small Families Improvement Scheme (SFIS), which starts on New Year's Day, may have a significance beyond its immediate application. As Prime Minister Goh Chok Tong said in Parliament, it will help to complement the competitive yang spirit with the compassionate yin spirit so that
      236 words
    • Article
      A pragmatic policy
      186 10 MALAYSIA'S DECISION to allow English in the teaching of technical subjects reflects a pragmatic policy. The country is categorised as middle-income and is projected to be one of the successful Asian countries in the wake of the Asia-Pacific Golden Era. Under the leadership of Prime Minister Mahathir
      186 words
    • Article
      Stability with growth
      220 10 WILL CHINA face another upheaval? This seems to be an overstated question but the reality ot it is attested by the fact that the Chinese leaders themselves are now taking the possibility seriously. Two major factors are weighing heavily on the minds of Chinese leaders and international
      220 words
    • Article
      Assess state firms properly
      222 10 WE HAD ALMOST become resigned to the reality that Presidential Decree No 5 of 1988 on the reform of state companies had met the fate of many other government rulings, which are strong in pronouncements but weak in enforcement, when we were suddenly reminded of the
      222 words
    • Article
      Promote use of unleaded fuel
      184 10 STARTING SATURDAY, the government will be absorbing a total of M 5500,000 each month in the form of tax incentives for unleaded petrol, a rise of M$ 100,000 per month from the M 5400.000 per month that it had been absorbing since November last year
      184 words
    • Article
      Keep the engine running
      227 10 KANCIL. well known in Malay folklore for its intelligence, swiftness and agility, has been chosen as the symbol for the second national car. The smaller, more agile car, expected to roll out in July, will help fill the need for cheaper cars. The unveiling of the
      227 words
  • Article, Illustration
    Political bombshell in the works in Thailand
    916 10  -  A planned devolution of fiscal management authority to the provinces could end Bangkok's age-old economic domination. Alan Boyd reports Alan Boyd The writer is a Bangkok-based journalist who contributes to BT BATTLELINES are being drawn over plans to let the Thai rural majority
    916 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      46 10 YOUR CHANCE TO WIN KIM ENG SHARES if Wlieii will die party end? Picking Japanese 1994's funds: How winning much headed stocks this way? k -it' Spotlights: C&C, Wing Tai f Ham. i *****7 2(K012 ON SALE Published by Times Penodicals member ol SINGAPORE PRESS MOLDINGS
      46 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      57 10 ooe, ID ciRcunisTBHces IT IS.£SS£MTiPU_ i srr as- close. to tug. as is V nuoArM POSSIBLE. ort G.A£TM is TV4G. You S0£jn To 6C on €DGe TW€- LOHOLC Time I (V>0... IT'S TMeFiRm'S CvA«iSTrrf>vS DUsNeP AND DAfJOE. TW\S LO£€X AND cm U>ORR»€D ABOUT THe A«Rft^G£rn£tsrrS. C ASSOCUTCO NCWWtftM LTD. IM1-1M)
      57 words
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  • ANALYSIS
    • Article, Illustration
      The race to wire up Hongkong — even more
      1297 11  - The race to wire up Hongkong even more With an explosive growth in telecommunications forecast, Hongkong Correspondent Catherine Ong looks at how the major providers of various services if the colony led by key player Hongkong Telecom are positioning themselves to gain from the looming boom Catherine Ong Hongkong is
      1,297 words
    • Article
      One-stop service at HKT's Singapore office
      217 11 Hongkong Telecom win open an office in Singapore in mid-January to provide one-stop service to its customers, says the company's deputy chief executive, Peter Howell-Davies. The office will cater to customers seeking private leased lines between Hongkong and Singapore. It will be staffed by
      217 words
    • Article, Illustration
      Lock icon The surfing's great, but watch it when the wave breaks
      843 11  -  Philip Bowring says Hongkong's financial sector has assumed a life all of its own, divorced from the real economy Philip Bowring The writer is a former editor of Far Eastern Economic Review IHT IF THE world were fair, when the
      IHT  -  843 words
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  • Article, Illustration
    Lock icon Foreign firms hail China's unification of exchange rate
    540 12 China's economic reforms AFP Reuter FT BEIJING Foreign firms and < financiers have generally welcomed the unification of Chi- i na's exchange rate and its peg to a managed float, even though the decision came earlier than expected. The central bank announced
    AFP; Reuter; FT  -  540 words
  • Article
    Currency move has little impact on investors: analysts
    254 12  -  By Paul Leo SINGAPORE Analysts in Singapore have hailed China's move to unify its exchange rates and let the renminbi float from tomorrow. But few see any significant impact on foreign investors in China until the currency becomes fully convertible. An executive
    254 words
  • Article
    Lock icon Beijing to maintain tax breaks for foreigners
    300 12 Bloomberg Business News BEIJING China's biggest tax changes in four decades of communist rule will not end income tax breaks for foreign ventures and will offer investors rebates if they suffer under a new value-added tax to be levied from tomorrow, new regulations
    Bloomberg Business News  -  300 words
  • Article, Illustration
    Some silver linings in Europe as the New Year dawns
    781 12  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is an economist at the Xiassachussetts Institute of Technology. This commentary first appeared in the Los Angeles Times THIS was a bad year economically for Europe and Japan. To make things
    781 words
  • Article
    HK Telecom plans to rewire homes in drive for full multimedia services
    389 12  -  From Catherine Ong in HONGKONG HONGKONG Telecom (HKT) is mulling over plans to rewire more than a million homes as part of an ambitious drive to provide a full range of multimedia services to customers. HKT's deputy chief
    389 words
  • Article
    Lock icon Seoul to allow foreigners up to 10pc stakes in privatised state firms
    301 12 AFP AP SEOUL South Korea will allow foreigners up to 10 per cent ownership of most state firms when they are privatised starting next year, the Economic Planning Board (EPB) announced yesterday. "Under its policy of encouraging foreign
    AFP; AP  -  301 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      49 12 lY&n The Businessman* Choice I U|r Your Choice 60SFORY UOB PLAZA 1, OF THEPLAZA Na 80 Raffles Place, uHimejimiii Singapore 0104 a BT S annual turkey Awards to .4 r honour individuals v/ L// and groups whose dubious achievements in 1993 should not go unrecognised g f Business Times
      49 words
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      Page 12 Advertisements Column 2
      28 12 Foe the ultimate in view Experience a rare I Ulr culinary Odyssey OF THE PiAZA Reservation 538-3232 t«n««wm* The race to wire up HK even more, Pg 11
      28 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Four top Keppel Corp executives to be promoted
      383 13  -  By Rahita Elias SINGAPORE Four of conglomerate Keppel Corp's top executives will assume even more senior positions in the New Year. Senior executive director Loh Wing Siew will fill the newly-created position of Keppel Corp managing director on Jan 1, 1994. He
      383 words
    • Article
      Hotel Grand Central buying Kedah hotel for M$6m
      288 13  -  By Quak Hiang Whai SINGAPORE Listed Hotel Grand Central (HGC) is buying a hotel in the Malaysian state of Kedah for Ms6.l million (553.7 million). It said that its 51 per cent subsidiary. Grand Central Enterprises (Kedah) (GCE Kedah) agreed on Wednesday
      288 words
    • Article
      Lock icon Malaysian gaming stocks lose out following talk of tax hike
      317 13 Reuter KUALA LUMPUR Shares of Malaysia's major listed gaming firms fell after Tanjong pic said that the Malaysian government was raising taxes on gaming, betting and sweepstakes. Most affected was Tanjong pic, which fell 60 sen to M$ 16.60 on
      Reuter  -  317 words
    • Article
      Lock icon Ayer Hitam Tin slips further into the red
      207 13 Bernama KUALA LUMPUR Ayer Hitam Tin Dredging Malaysia Bhd's group consolidated operating loss for the year ended June 30, 1993, worsened to M 56.56 million (553.93 million) from a loss of M 54.62 million previously. According to its unaudited results released yesterday,
      Bernama  -  207 words
    • Article, Illustration
      Lock icon Money in the woods of Myanmar for Idris Hydraulic?
      776 13  -  HOCK LOCK SIEW By Joseph Rajendran SINGAPORE Malaysia's Idris Hydraulic is an amazing stock. So much so that it baffles most non-Idris shareholders who watch its price movement. One word has moved the stock for the past few months. And that
      Source: Bloomberg  -  776 words
    • Article
      Tri-M posts 65pc fall in pre-tax profit
      312 13  -  By Joseph Rajendran SINGAPORE Electronics contract manufacturer Tri-M Technologies has reported disappointing results, its first since going public in June. Operating profit before tax fell 65 per cent to 52.43 million on a 28 per cent fall in turnover to $98.13 million. Earnings
      312 words
    • Article
      Lum Chang, LC Dev set up unit for Suzhou projects
      229 13 SINGAPORE Lum Chang Holdings and LC Development have jointly set up a new subsidiary to spearhead their involvement in an industrial township development and other projects in Suzhou, China. The new company, Lum Chang (Suzhou) Investments Pte Ltd, is 51
      229 words
    • Article
      Causeway in venture to sell energy saver
      118 13 SINGAPORE Listed Causeway Investments said it has reached an agreement with a Japanese electronics firm to sell an energy-saving product in the region. Arex International, a subsidiary of Japan's Arex Electronics Corporation, has granted licensing and distribution rights to a proposed Causeway joint
      118 words
    • Article, Illustration
      Lock icon SUMMARY
      304 13 Source: Bridge Info Performance of STII's Index stocks Dec 30 Slack Last sale (S) Sease (actor ■oven Avimo CAC CWT Cerebos FAN GenMaj Haw Par IPC Corpn Inchcapc Imraco Keppet Corp Lum l hang Metro Hld*» NOL Nat Steel S Aerospace S Telecom SIA SPC SPH STIC Semb Ship
      Source: Bridge Info  -  304 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Van Der Horst on profit reduction
          41 14 SINGAPORE Van Der Horst Ltd yesterday told the Stock Exchange of Singapore that the reduction in profit attributable to shareholders based on the portion of deemed loan stocks discount charged to revenue amounted to 579,000.
          41 words
        • Article
          Nod for listing of new Amtek shares
          59 14 SINGAPORE Amtek Engineering said yesterday that the Stock Exchange of Singapore has given in-principle approval for the listing and quotation of 8.5 million new ordinary shares, eacn with a par value of 20 cents. Shares were issued in conjunction with a recent placement.
          59 words
        • Article
          Trading in Rothmans Ind suspended
          27 14 SINGAPORE Rothmans Industries Ltd yesterday asked the Stock Exchange of Singapore to suspend trading in its shares from today pending an announcement.
          27 words
        • Article
          Use of CPF funds for ER shares
          38 14 SINGAPORE Sesdaq-listed Electronic Resources yesterday said the CPF Board has confirmed that its members may use their CPF savings for the purchase of the company's shares under the Enhanced Investment Scheme.
          38 words
        • Article
          SCS appoints new director
          23 14 SINGAPORE Singapore Computer Systems has appointed Lye Fei as a director from Dec 30. He replaces Lai Chun Loong.
          23 words
        • Article
          Intraco official resigns
          18 14 SINGAPORE Intraco's general manager (subsidiaries) Sam Chong Keen resigned from the company on Dec 23.
          18 words
        • Article
          Lock icon Public Finance queueing system
          84 14 Bernama KUALA LUMPUR Public Finance Bhd said a queueing system has been introduced for foreign investors to enable them to apply for the transfer of their shares to foreign status. Public Finance announced yesterday that the system was set up because foreign ownership in the company
          Bernama  -  84 words
        • Article
          Lock icon Lim Kim Hai unit buys dormant firm
          71 14 Bernama KUALA LUMPUR Lim Kim Hai Holdings (M) Bhd said its wholly-owned subsidiary, Lim Kim Hai Electric (Malaysia) Sdn Bhd, has acquired two ordinary shares of Msl each, representing 100 per cent equity in LKH Devine Sdn Bhd, for Msl each. LKH Devine
          Bernama  -  71 words
        • Article
          Lock icon DRB subscribes for Intrakota share
          33 14 Bernama KUALA LUMPUR Diversified Resources Bhd has subscribed for one ordinary share of MSI in Intrakota Consolidated Sdn Bhd. Intrakota intended to run bus operations, the company said.
          Bernama  -  33 words
        • Article
          Lock icon Olympia to pay M$25m for land
          81 14 Bernama KUALA LUMPUR Olympia Industries Bhd has entered into a sale and purchase agreement to acquire 399 vacant lots ot leasehold land at Melaka Tengah for Ms2s million (Ssls million) from KL Development Sdn Bhd. The land is approved for the building of three-storey
          Bernama  -  81 words
      • Article, Illustration
        Lock icon Creative Technology re-creating a future
        1003 14 MARKET WATCH Bloomberg Business News SINGAPORE What does a company do after it's created a US$5OO million (SsBoo million) market, only to watch it get eaten away by competitors? It creates another one. At least that's the plan for Creative Technology Inc, the Singapore-based, Nasdaq-listed
        Bloomberg Business News  -  1,003 words
      • Article, Illustration
        Lock icon Tenaga plans roadshows to woo foreign investors
        559 14 Reuter KUALA LUMPUR Malaysian state power company Tenaga Nasional Bhd is hitting the road in early 1994 to woo foreign equity investors and prepare the ground for American Depositary Receipts and further bond issues, its executive chairman Ani Arope said yesterday. Mr Ani
        Reuter  -  559 words
      • Article
        Lock icon Thai real estate firm to issue up to six billion baht in debentures
        532 14 Bloomberg Business News BANGKOK Siam Fortune pic, a listed Thai real estate firm, said in a report to the Stock Exchange of Thailand yesterday that it will issue up to six billion baht (*****.5 million) in debentures
        Bloomberg Business News  -  532 words
      • Article
        Lock icon HK telecoms firm forms Russian paging system tie-up
        290 14 Bloomberg Business News HONGKONG Champion Technology Holdings, a rapidly growing Hongkong telecommunications company, has formed a joint venture to set up a multi-lingual paging system in Russia. The venture, to be called Moscow Paging, will begin by creating a paging network in
        Bloomberg Business News  -  290 words
      • Article
        Lock icon Thai Airways may sell stakes in two Bangkok hotels
        336 14 Bloomberg Business News BANGKOK Thai Airways International is considering selling its shareholdings in two Bangkok hotels to avoid a conflict of interest or showing any favouritism, the company said. The two properties are Royal Orchid Hotel (Thailand) Co, a listed firm
        Bloomberg Business News  -  336 words
      • Article
        Lock icon Taiwan securities firms can now invest in currency brokerages
        164 14 Bloomberg Business News TAIPEI The Securities and Exchange Commission yesterday said it will allow Taiwanese securities companies to invest in foreign currency brokerages. The move is intended to help expand the international operations of the local securities industry, an SEC spokesman
        Bloomberg Business News  -  164 words
      • Article
        Untitled
        441 14 kU«jtf*n pricM Dec 31 Umbond 107cd l.lOcd United Gr Fund! I.75cd I 82od Singapore Unit Trust united asu Fund 2.iocd 2.i9-cd The Commerce 186 1.9} MTUC IllCOIWt n 77 oil Income Bimd Policy 4 68 4 85 S port Prog Fund 0.77 0 81 S pore Sec Fund 1.13 1.19
        441 words
      • Article
        Untitled
        668 14 Payment Ex Books Pay date close date AISB 50* b 5 Dec 31 Jan 14 Jan 21 Amal Steel 50« b 14 Dec 2- Dec 16 Jan 15 Amtek Eng 20* F 6TE Dec 15 Dec 21 Dec 30 Antah Hldgs 50* b 6 Dec 9 Doc 23 Jan 17
        668 words
      • Article
        Lock icon Aussie bourse hits highest level in six years
        492 15 Reuter SYDNEY Australia's stock market yesterday rose to its highest level in six years, and analysts see record highs in 1994 as investors focus on corporate profits and improving commodity prices. The market, among the few never to recover fully from the
        Reuter  -  492 words
      • Article
        Lock icon Value of global mergers and acquisitions hits two-year high
        476 15 Bloomberg Business News NEW YORK Corporations completed US$3l4 billion (SSSO2 billion) worth of mergers, acquisitions and spin-ofTs in 1993, the highest level in two years. The dollar volume of worldwide mergers completed exceeded 1992's tally of US$299 billion, according to Securities
        Bloomberg Business News  -  476 words
      • Article
        Lock icon Intel suit against AMD speeded up
        197 15 UPI SAN FRANCISCO A federal appeals court has issued an order to accelerate Intel Corp's lawsuit against Advanced Micro Devices Inc over alleged illegal copying of Intel's 386 microprocessor, a spokesman said on Wednesday. The Ninth Circuit Court of Appeals in San Francisco lifted
        UPI  -  197 words
      • Article, Illustration
        Lock icon Bowing out of a dismal year
        62 15 Reuter TOKYO Traders bow to exchange year-end greetings yesterday as their colleagues leave the floor of the lokyo Stock Exchange at the end of the bourse's final session for the year. Others clapped to mark the end of the dismal session, in which the
        Reuter  -  62 words
      • Article
        Lock icon Shareholder sues Katy board for inaction
        207 15 Bloomberg Business News WILMINGTON, Delaware A Katy Industries Inc shareholder is suing the company, claiming that its board has refused to take, actions that could increase Katy's stock price. The suit, which was filed in Delaware Chancery Court and seeks class-action status, contends that
        Bloomberg Business News  -  207 words
      • Article
        Lock icon Dresser-Baroid merger hit by suit
        229 15 Bloomberg Business News HOUSTON Dresser Industries Inc and Baroid Corp said they were the subject of a shareholder suit that seeks to block their planned merger. The suit, filed in the Delaware Court of Chancery, claims Dresser's plan to buy all of Baroid's stock for
        Bloomberg Business News  -  229 words
      • Article
        Lock icon QDL rejects Faulding's takeover offer
        283 15 Reuter BRISBANE The board of directors of pharmaceutical wholesaler QDL Ltd have voted to reject a A 574.5 million (5580.4 million) takeover offer by international health care firm F H Faulding Co Pty Ltd, QDL said yesterday. QDL said its board met with its advisers
        Reuter  -  283 words
      • Article
        Lock icon Turner to buy out partner's 50pc stake in Hanna-Barbera
        331 15 Bloomberg Business News WASHINGTON Turner Broadcasting System Inc has agreed to buy the Apollo Investment Fund's 50 per cent stake in Hanna-Barbera Inc for US$255 million (SS4OB million). Under the agreement. Turner will pay Apollo about US$6B million in cash and
        Bloomberg Business News  -  331 words
      • Article
        Lock icon Microsoft profit growth slowing — to 17pc
        592 15 Microsoft profit growth slowing to 17pc Software giant's attention turns to operating system upgrade and new markets Reuter SEATTLE Microsoft Corp is expected to endure a year of relatively slow profit growth as the software giant works to complete a major operating system upgrade and develop new markets, analysts said.
        Reuter  -  592 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon World Bank wants clearing house set up to cut risk of swaps
        569 16 Bloomberg Business News NEW YORK The World Bank wants Wall Street to form a central clearing house to cut the risk that big firms might default on billions ot dollars of derivatives contracts, a top official at the
        Bloomberg Business News  -  569 words
      • Article, Illustration
        Lock icon Customers bank on rescuing funds
        56 16 Reuter MADRID People queue in front of tills at Banesto's central Madrid headquarters after the Bank of Spain said on Wednesday it was intervening in the bank and replacing its board of directors. Banesto said there was no substantial run on deposits but that branches
        Reuter  -  56 words
      • Article
        Lock icon China banks prepare reforms to cast off socialist shackles
        322 16 Reuter BEIJING China's "specialised" banks, relics of socialist state planning, began outlining yesterday plans to evolve into full-fledged commercial banks that will anchor the country's market economy. Sweeping reforms of China's financial system will be phased in next year, starting on
        Reuter  -  322 words
      • Article, Illustration
        Lock icon Former Fed chairman against Clinton bank regulation plan
        188 16 Knight-Ridder WASHINGTON Former Federal Reserve chairman Paul Volcker said on Wednesday that he does not support the Clinton administration's proposal to consolidate American banking regulation under one federal agency The proposal would consolidate the bank oversight duties of the Federal Reserve, Comptroller
        Knight-Ridder  -  188 words
      • Article
        Bank Negara said to be raising reserve requirement
        341 16 KUALA LUMPUR Rumours are rife among Malaysian bankers that the statutory reserve requirement (SRR) will be increased from 8.5 to 9.5 per cent, the Star said on Wednesday. However, Bank Negara has so far refused to comment. The SRR is a device
        341 words
      • Article
        Lock icon Currency report — London
        410 16 Currency report London Bloomberg Business News LONDON The dollar surged to a five-month high against the deutschemark and to a seven-month high against the yen in Europe yesterday amid fresh evidence that US interest rates may rise next year. The dollar climbed nearly a pfennig after the US government said
        Bloomberg Business News  -  410 words
      • Article
        Lock icon Full-fledged Islamic banking in M'sia set for Jan 3
        349 16 Bernama KUALA LUMPUR The world's first fully-fledged Islamic banking system will begin on Jan 3 when Bank Negara introduces the Islamic interbank money market. Bank Negara adviser Nor Mohamed Yakcop said Bank Islam Malaysia and all the current 20 SPTF (Skim
        Bernama  -  349 words
      • Article
        Lock icon BIMB Securities to have paid-up capital of M$30m
        272 16 MBT KUALA LUMPUR BIMB Securities Sdn Bhd, Malaysia's first Islamic-based stockbroking company and a subsidiary of Bank Islam Malaysia Bhd (BIMB). will have a paid-up capital of MS3O million (SSIB million). Out-going BIMB managing director Abdul Halim Ismail will head BIMB Securities
        MBT  -  272 words
      • Article
        Crude oil futures fall on news of rise in inventories
        187 16 Bloomberg ENERGY REPORT LONDON Crude oil futures prices declined on both sides of the Atlantic yesterday following a report that US inventories had increased for the fifth consecutive week. A modest rise in distillate stockpiles, which include winter heating oil.
        187 words
      • Article
        Lock icon New York
        179 16 Knight-Ridder NEW YORK The US dollar was holding onto most of its gains in late morning trading yesterday, after extending the rally against European currencies that began Wednesday. Traders said the dollars gains reflected the strength in the US economy and the widespread expectations of a German rate
        Knight-Ridder  -  179 words
      • Article, Illustration
        Untitled
        1647 16 Trade-*etghted index calculated atainst Spore s top 14 trading partners Base year I9B< US$/S$ forward rates Noon Dec 30 ss Bid Offer 1-month 1.6043 1.6058 2-month 1 6049 1 6064 J-roonth 1.6057 1.6072 6-month 1.6060 1 6080 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on D«c 30: Singapore
        1,647 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar edge down
        1277 17 SIMEX REPORT Reuter SINGAPORE Simex interest rate futures contracts ended barely changed with dealers either sidelined or absent due to the year-end holidays. Euroyen interest futures ended with September closing at 98.40 against 98.41 previously. A total of 1,215 lots were traded. "The undertone of the
        Reuter  -  1,277 words
      • Article
        KL tin closes 27 sen higher
        621 17 COMMODITY REPORTS Tin MALAYSIAN tin closed 27 cents higher at MS 12.39 a tonne, mainly attributed to higher London prices overnight and increased buying, traders said. A lower ringgit against the US dollar also firmed sentiment. they said. Traders noted an opening bid of
        621 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Oil, natural gas find in India
          112 17 NEW DELHI Oil and natural gas have been discovered at a well in the offshore Ravva field in southern India, the government said on Wednesday. Satish Sharma. petroleum and natural gas minister, told a parliamentary panel that oil and gas were found at well
          112 words
        • Article
          Thai sugar cane mill closed
          63 17 BANGKOK Thailand's Ministry of Industry has closed a major new sugar cane mill for alleged water pollution and for a designed capacity that exceeds its licensed capacity, an official said yesterday. Waste water treatment installed by Ratchasima Sugar Mill Co Ltd failed to meet ministry
          63 words
        • Article
          Philippines to buy Thai rice
          62 17 BANGKOK The Philippines will buy 300.000 tonnes of Thai 35-per cent white rice for shipment starting in April, the Thai Ministry of Foreign Affairs said yesterday. The price has not yet been set. a ministry official said. The intent to buy was conveyed to the
          62 words
        • Article
          Copper futures surge
          64 17 NEW YORK Copper futures climbed on speculative buying, poking briefly above 83.00 cents to hit their highest level in over three months. Traders said the market continues to benefit from relatively tight supplies in the US and expectations of heavy Chinese demand. And technically, the charts are
          64 words
    • Article
      COMMODITY PRICES
      1622 17 Rubber Pcc 30 HAS Commodity Excfcango (hityros dtrtag at lpni) KAS (pfcyskal pricos) RSS1 Contract (S cents/kg) Buyers S«ll*rs Close Volume (S ccnts/kg) Month High Low Sett (tonnes) Interest rss 2 Jan 94 130 00 131 OON Jan 94 000 0.00 133.75 0 100 RSS 3 Jan 94
      1,622 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1360 18 +27.6 An absence of sellers and strong local and foreign sentiment saw the Australian share market surge to a new post-1987 high at the close, brokers said. There were no sellers in the market, one broker said. "We're all expecting a good year in 1994 and no one wants
        1,360 words
      • Article
        New Zealand
        304 18 +25 The New Zealand share market wandered to within 23 points of a year-high in thin trade, with a large part of the market on their summer holidays. Feature of the day was Telecom. which gained 16 cents to NZ54.46 following a similar gain in the US. Brokers
        304 words
      • Article
        Taipei
        650 18 +275.48 Taiwan's stock market rocketed 5 per cent to end at a 30-month high on news that Economics Minister Chiang Pin-kung said Taiwan should seek next year to establish direct shipping links with China. The index jumped 275.48 points to end at 5,813.55, its highest finish since 5,900.70 on
        650 words
      • Article
        Untitled
        821 18 Manila v5" Dec 29 Peso (TOO) Soriano Corp I MO \BS-CBN 95 500 I 500 |7» \icom Pel 032 001 ***** Alcorn Pet B 0* 002 8000 Anglo PhitOil A 014 001 ***** Apes Mining A 010 Ape* Mining B 011 unch ***** Alteram*- 8 500 -500 51 Aite ram
        821 words
    • WORLD STOCK MARKETS
      • Article
        London
        616 18 -33.2 UK equities finished sharply lower on the last full trading day of 1993 as a sell-off in the futures market prompted some light profit-taking, but dealers said the bull market was still intact. The FTSE 100 index finished down 33.2 points to 3,428.8 on a volume of 553.1
        616 words
      • Article
        Paris
        143 18 -0.67 French shares finished fractionally lower around current new highs, in surprisingly busy trade for a holiday week, dealers said. Today sees the expiry of December index futures and options, which may give the market a lift in the afternoon, dealers said. Some are predicting the CAC-40 index will
        143 words
      • Article
        Stockholm
        148 18 -0.03 pc Swedish shares ended the last trading day of 1993 slightly lower in very quiet trade ahead of the New Year holiday. The options linked OMX-index dropped 0.27 per cent to 1,099.94. while the top-16 bluc-chip index fell 0.35 per cent to 1.478.81. The all-share index dropped 0.03
        148 words
      • Article
        Frankfurt
        182 18 +51.98 German share prices staged a low-volume rally on futures and OTC-rclatcd buying late in the final session of this year to close higher and are expected to stabilise in post-bourse trading, dealers said. The DAX index closed at 2,266.68, up 51.98 points from the last DAX close and
        182 words
      • Article
        Brussels
        186 18 +2.39 The Bel-20 index of leading Belgian shares ended the year near its record level after closing the last session with modest gains in busy trading. Traders expected the market's undertone to remain positive early 1994, but did not exclude some profit-taking in the next sessions. "There's certainly been
        186 words
      • Article
        Amsterdam
        254 18 +2.26 Dutch shares were bolstered by the dollar's bullish tone and book-squaring to end the last trading session of 1993 slightly firmer, but trade was thin ahead of today's holiday closure. "It was just window dressing today. People were tiding to flatten their positions in a positive way," one
        254 words
      • Article
        Zurich
        257 18 10.84 Swiss shares ended the last trading day of the year firmer. but off earlier highs. In early afternoon the all-share SPI index hit an intraday record high. Dealers said trading was marked by window dressing which dampened rises. The SMI index of leading shares ended 23.5 points firmer
        257 words
      • Article
        Johannesburg
        303 18 +37 Shares on the Johannesburg Stock Exchange surged to new closing highs as the gold price bounce sparked renewed buying of gold stocks, with continued strong foreign interest in quality industrials. Dealers said that the market could see even more "exotic" prices in half-day trade today. The gold index
        303 words
      • Article
        Toronto
        284 18 12.11 Toronto stocks continued to ascend into record territory early yesterday as transportation and management companies shares kept the year-end rally fuelled. The TSE 300 composite index rose 12.11 points to 4,322.03 in subdued trade of 5.9 million shares valued at C 538.4 million. Advancing shares outweighed declines 152
        284 words
      • Article
        New York
        620 18 -3.08 The Dow Jones industrial average, which inched up 0.56 point to a new all-time high 3,794.33 on Wednesday, was down 3.08 points to 3,791.25 at 11 am EST yesterday. The New York Stock Exchange composite index was off 0.49 to 260.18, while S&P 500-stock index was down
        620 words
      • Article
        Untitled
        757 18 Britannia Funds Sinln nh Bid Oiler STS&n™* 3»*400 3« 6500 Mim Imn (jiH jO IWJ 0 IM2 Mim Mil Income "I 0900 ****** LS$ Cash Income Plus Fund 10 7100 *****0 PS Rewne Fund 5 2 WO 5 2400 ,0 4592 0W)l Far Em Fund *2 7650 *2f730 Man Portfolio
        757 words
    • Article, Illustration
      Lock icon HONGKONG
      3182 19 UPI HONGKONG Investors scrambling to get into Hongkong's stock market drove shares up 3.74 per cent yesterday, at one point coming within 55 points of the 12,000 point mark. The blue-chip Hang Seng index jumped 427.7 points to close at 11,877.47. wiping out the previous day's mild 120 point
      UPI; Source: Bridge Info  -  3,182 words
    • Article, Illustration
      CHINA
      480 19 BUYING from both local and overseas investors pushed the CLSA Shanghai B Index up 47.35 points to 1,125.49. The best performers were Jin Jiang Tower, Forever Bicycle, and Dajiang which set their new year highs by surging 13.4, 12.7 and 11.6 per cent respectively. Diesel Engine added another 6.9
      480 words
    • Article, Illustration
      Lock icon TOKYO
      2598 19 Bloomberg Business News TOKYO A modest year-end rally helped Japan's battered stock market post its first year-to-year gain in four years, with the closely-watched Nikkei 225 stock average rising 2.9 per cent on the year. Still, compared to the explosive rallies among its Asian sisters. the rise looks anemic
      Bloomberg Business News; Source: Bridge Info  -  2,598 words
    • Article, Illustration
      Lock icon BANGKOK
      1829 19 Reuter BANGKOK Thai stocks closed higher but off a morning peak as investors sold finance and brokerage shares to cash in profits before the long New Year holidays, brokers said. The SET index rose 14.22 points to finish at 1.682.8S after touching a high of 1,695.18 early in the
      Reuter; Source: Bridge Info  -  1,829 words
    • Article, Illustration
      Lock icon JAKARTA
      1139 19 Reuter JAKARTA Stocks closed mixed in active late trading yesterday as local investors took profits during the second session on the last trading day of 1993, dealers said. The official index rose 0.89 points to close at 588.77. One dealer said the market was driven mainly by local investors.
      Reuter; Source: Bridge Info  -  1,139 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2089 20 Source: Bridge Info MOST ACTIVE volum* FAC'B 50c 34.144.000 Mulpha Intl 50c 15.361.000 Kamunling MV 11.012.000 AMDS 50c 10,504,000 Pnwncl 9.904.000 Faber Group 7,922.000 Lien Hoe TSR97 7.508.000 Idm Hyd 50c 7.191.000 Renong Bhd 50c 6,671.000 Johantildgs 50c 5.823.000 Gulden Hope 5.774.000 Metropte* TSR 5.771.000 MetropJe* 50c 5.474.000
      Source: Bridge Info  -  2,089 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices ease as jittery investors take profits
        5454 20 Bernama KUALA LUMPUR Share prices succumbed to profit-taking to close easier in active trading yesterday. Market players were reacting to a correction after sharp gains recently, dealers said. The Emas Index closed 1.99 points lower at 372.78 while the Composite Index shed a
        Bernama; Source: Bridge Info  -  5,454 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7248 21 I n Gr Gr Mi lur Vol Da) Lnl Quote Di» Dt» VM .Nel M Cap High Lot (onpttt Sale ("000) High lx>« B»>er Seller CV P/E $■<■ Hig INDUSTRIAL AND COMMERCIAL c 1400 260 t Acma 1260 40 116 1260 1180 1250 1260 12.5 2.1 10 54.5 868 5
        7,248 words
      • Article, Illustration
        Lock icon Price ease a welcome relief, say brokers
        1722 22  -  By R Sivanithy SINGAPORE After five consecutive record highs, share prices finally corrected yesterday, with the Straits Times Industrials Index dropping 36.24 points or 1.5 per cent. After a brief surge in the first hour of trading, the index gradually drifted down before
        Source: Bridge Info  -  1,722 words
      • Article, Illustration
        Amcol Holdings
        140 22  -  By Paul Leo AMCOL Holdings has been consolidating between $4.72 and $4.26 for the past two weeks. Short-term technicals show this consolidation will end soon and the stock will rally towards $5.15. Both daily Relative Strength Index and stochastics are touching 25 and any further price weakness will
        140 words
  • Page 13 Advertisements
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      328 13 BUSI N E S TDT.I, FREE TEL. No. 1-BQO-741-1883 FAX 741-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STP ASIA OIL COMPANY PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of STP Asia Oil Company Pte Ltd duly
      328 words
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      Page 13 Advertisements Column 2
      301 13 IN TH€ MATTER Of THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF ARGO EMPAT SHIPPING PTE LTD (IN LIQUIDATION) Extract ot me Minutes of an Extraordinary General Meeting signed by the Representative ot Holding Company relating to Proceedings ot Subsidiary Company pursuant to Section 179(6) of the Companies
      301 words
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      Page 13 Advertisements Column 3
      302 13 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF ARGO TIGA SHIPPING PTE LTO (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6) of the Companies
      302 words
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      Page 13 Advertisements Column 4
      309 13 IN THE MATTER OF THE COMPAMES ACT, CAP. SO AND IN THE MATTER OF SUNBURY PTE LTD In Members' Voluntary UqUdelon At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 20 Maxwel Road #07-06 Maxwel Houae, Singapore 0106 on the 29th day
      309 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      83 17 COMMODITIES EQUIPMENTS FOR SALE Urea, Sugar, Coal (Low Sulphur), Cement Plants, Airplanes, Drilling Rigs, Power Plants, Gypsum Plants, etc. Where is die best place to sell a home? THE STRAITS TIMES OASSIFIED! Are you making a move to sell your single-storey terrace? A double-storey semidetached? A maisonette? An apartment? An
      83 words
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      Page 17 Advertisements Column 2
      30 17 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead f olfers Wk the most Bp current ■Kuto/job ■T opportunities
      30 words
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      Page 19 Advertisements Column 1
      22 19 Established uncm 1019 ANTIQUE i^TATE Shangri-La hotel Stockist otGLIA. CerifedOamondt Tel: 732 5689 patek PHILIPPE 2 seas Manufacturing jewellers since 1919 CHRONOGRAPH
      22 words
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      Page 20 Advertisements Column 1
      42 20 With over 188 million cards honoured at over 10.8 million establishments, MasterCard puts the whole world in your hands. And it gives I you easy access to cash at 300,000 bank branches YOU'VE GOT THE WHOLE WORLD ATMS WOHdwlde. IN YOUR HANDS.
      42 words
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      24 21 EMMtfwd snc 1919 ANTIQUE &^ATE Shangri La hotel Stockist of G.LA QmßmiUmnontk Toll 732 5689 patek phiuppe 2m JfcS!mSslib*M Manufacturing jewellers since 1919 chronograph
      24 words
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      316 22 iOr IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TAN OUEE SI AN PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Compenies Act, Chapter 50, that the FINAL MEETING of the Members of the
      316 words
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      Page 22 Advertisements Column 2
      1157 22 BUSINESST^MES IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND la the Matter of LINSON MARINE PTE LTD (la Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-LP Notice it hereby gives thai pursuant to Section 308 of The Companies Act. Cap SO. that the Final Meeting of the member* of the abovenamed
      1,157 words
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      Page 22 Advertisements Column 3
      303 22 LAP TAI METAL WORKS PRIVATE LIMITED (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the Company convened and held at 122 Eunos Avenue 7 #01-01 Richfield industrial Centre S'pore 1440 onThursday 23 December 1993 at 10.00 a.m.. the following Special Resolutions were duly passed 1.
      303 words
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      Page 22 Advertisements Column 4
      544 22 Personal Finance and Investment, every Saturday in Executive Lifestyle IN THE MATTES OF THE COMPANIES ACT (CHAPTER Ml AND IN THE MATTE* OF VANDELY TRADING PTE LTD (lacorpnralnd ia Singapore) (la NohuUn mrtiHn) Al an Extraordinary General Meeting of the member* of Vandely Trading Pit Lid duly convened and held
      544 words
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  • SHIPPING TIMES
    • Article
      TWRA, Anera to halve fuel surcharges from Jan 1
      369 23  -  Anera to raise currency surcharge for Singapore to 1 Opc By Juliette Walker SINGAPORE Conference carriers serving the transpacific trade will halve their fuel surcharges from tomorrow. The nine members of the Transpacific Westbound Rate Agreement (TWRA) and Asia North America
      369 words
    • Article
      Maritime law firm opens Shanghai office
      190 23  -  By Ramesh Divyanathan SINGAPORE International maritime law firm Sinclair Roche Temperley (SRT) has opened an office in Shanghai. The firm yesterday said the move followed the recent granting of a licence to practise by China's Ministry of Justice. Headquartered in London, the firm recently
      190 words
    • Article, Illustration
      Keppel predicts brighter 1994 for shipbuilding
      374 23  -  By Rahita Elias SINGAPORE Shipyards that specialise in building small and medium-sized vessels can look forward to a brighter 1994. Keppel Corp senior executive director Loh Wing Siew said yesterday: "Prospects for shipbuilding look good. We have just won a $35-million contract to build
      374 words
    • Article
      Lock icon Blasco under presidential order to corporatise
      157 23 Reuter KIEV Ukrainian President Leonid Kravchuk issued a decree ordering the Black Sea Shipping Co (Blasco) to continue selling shares, overturning a parliamentary veto, the Ukrinform news agency said on Wednesday. The decree was issued to "safeguard national interests and fulfil Blasco's obligations before
      Reuter  -  157 words
    • Article
      Lock icon Polish shipyard strikes deal with creditors
      246 23 Reuter WARSAW The Polish Stocznia Gdynska SA shipyard has signed an agreement with creditors to halve its five trillion zloty (SS36B million) debt and swap the rest for equity, the company's president said on Wednesday. Henryk Ogryczak said that, under the agreement, signed on
      Reuter  -  246 words
    • Article
      Lock icon Coltec Industries wins US$19m US Navy deal
      151 23 Bloomberg Business News NEW YORK Coltec Industries Inc said on Wednesday its Fairbanks Morse Engine division received a contract worth more than US$l9 million (5530.4 million) to produce four engines and other equipment for the pilot vessel in the US Navy's Fast Sealift
      Bloomberg Business News  -  151 words
    • Article
      Lock icon M'sian hauliers drop proposal for surcharge
      201 23 MBT KUALA LUMPUR The Container Hauliers Association of Malaysia (Cham) has dropped its proposal to introduce the Ms2s (S$ 15) lift-on and drop off surcharge per 20foot equivalent units (TEUs) on non-member depot operators. Sources said the decision was made at Cham's exco meeting
      MBT  -  201 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        693 24 Vend Voy No Bertti Arrival Departure Vm«l Voy Wo Btrth Arrival Dqurtun iurong Port ser.« v*. pio 3012/2300 3112/1900 Mm Wan N91 a alongside 31.12/2000 Canopus 06tB P06 31 12/0800 01 13/1800 Sour 136-HW J7/8 aiongs* 31.12/0600 tlona SC264C 300tC* P01A 3012/1830 3012/2130 Oen Wei No 3
        693 words
      • Article
        CONTAINER SCHEDULES
        1254 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking Balance Rslts Ship Voy No Etb/Btr Period From To From Al Manakr C04« 01/0230 1 30/1500 30/1659 30/1900 2 30/1700 31/0659 31/0900 3 31/0700 31/1159 31/1400 Audi *****N 01/0700 1
        1,254 words
    • Article
      THE SHIPPING GUIDE
      12205 32 This is a list of ships loading at Januai Singapore for ports around the Kaga, world. It tabulates, by destination, Dresd the name of the ship, the shipping Kinsh line involved and the estimated dates of arrival and departure from J inuJ the Port of Singapore. LEGEND
      12,205 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      577 39 Carbon LJfDon December 16 Density Water Residue Ash AJumnum Setfment Density Water Resrt* Ash Afcrron SeAnent M/M M/M Exxon Euon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M M M M PPM method IS07cinacL^t S 991 To 15 0 0.10 30' 010* Eastern USA 985
      577 words
    • Article
      DAYLY FREIGHT
      349 39 1 HE Baltic Freight Index for spot dry cargo shipping rates staved the same at 1.220. Trading has been sluggish on the freight market here as players trickled back following the extended UK Christmas break, brokers said. Much of what was reported was concluded before Christmas, although there
      349 words
    • Article, Illustration
      New Year resolutions for Pan-United
      1091 40  -  Juliette Walker finds out why Henry Ng. group MD of the recently listed company, has a twinkle in his eye Juliette Walker AS THEY SAY. the eyes have it. The twinkle in Henry Ng Han Whatt's eye says it all. He is looking to the
      1,091 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon TNT's improved operations lift its debt rating to 'B'
        502 42 Bloomberg Business News MELBOURNE Standard Poor's yesterday said it has lifted its senior implied debt rating on Australian transport giant TNT Ltd to 'B' from *B-\ It said the rating could be raised again if the company's continues to dig itself
        Bloomberg Business News  -  502 words
      • Article
        Lock icon China Aerospace to set up vehicle, car parts ventures
        211 42 Bloomberg Business News HONGKONG China Aerospace International Holdings, a Hongkong-listed company controlled by China which manufactures rockets and sends satellites into orbit, plans to set up two joint ventures to produce auto parts and light vehicles in China. In a statement
        Bloomberg Business News  -  211 words
      • Article, Illustration
        Lock icon Burning rage
        44 42 AFP ATHENS Angry Greek bus owners standing in front of burning tyres to form a barricade at a local bus deport in Athens on Wednesday, after a 13-day strike protesting against a new transport law designed to re nationalise private buses. AFP
        AFP  -  44 words
      • Article
        Lock icon Canadian railways discuss merger of eastern operations
        249 42 AP MONTREAL Canada's two national freight railways are negotiating a merger of their money-losing eastern operations and aim to seek government permission next month, the chief executive of Canadian National said on Wednesday. The plan, which would be implemented in January 1996, would
        AP  -  249 words
      • Article
        Lock icon CSX to buy 300 locomotives from GE
        310 42 NYT NEW YORK In another sign of the resurgence of America's railroad industry, CSX Transportation on Wednesday said it had ordered 300 locomotives from the Transportation Systems division of the General Electric Co (GE). The sale, the terms of which were not disclosed,
        NYT  -  310 words
      • Article
        INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
        1079 42 Page Col ABC Containerline 12 I Accord Group 8 1-3 Africa Container 16 S Ahrenkiel Liner 4 1/2 Alprimo Freight 16 1 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appcnship 18 3/4 Arabian Express 15 3 ASCL 5 5 ASXCL Shpg
        1,079 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1489 42 Crtj FMrt ETA FMcht ETD_ Otjf HUM ETA 0»_ Abu Dhabi GA970 2240 Dhaka BG82 1400 BG83 >500 GA928 2355 Dubaj SQ417 0840 EK77 0015 GA976 2359 EK 78 2115 SQ418 1300 A<Maid* QF81 1930 Qf82 2050 SUMO 2250 QF81 1935 SQ227 2230 BI9S 2320 Amsterdam
        1,489 words
      • Article
        Lock icon GEC Alsthom shrugs off doubts about Korean deal
        369 42 Reuter PARIS Trainmaker GEC Alsthom on Wednesday shrugged off media talk that it risked losing a US$2 billion (553.2 billion) deal after South Korea put oft signing the contract and its German rival said it was still in the running. Last August,
        Reuter  -  369 words
  • Page 23 Advertisements
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      370 23 SSS MAC-NELS HONG DAiiy KONG SAILINGS SINGAPORE:(O2)-*****22 NEW WAREHOUSE PSA Keppel Distripark Blk 519 #01-111 New Year resolutions for Pan-United, Page 18 JAPAN/HONGKONG AND JAPAN/STRAITS FREIGHT AGREEMENTS I I Notice to Shippers/Consignees Ip I YEN APPRECIATION SURCHARGE (YAS) ON I I BREAKBULK LCL CARGOES If I Shippers and Consignees are
      370 words
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      Page 23 Advertisements Column 2
      5 23 Advertisers 1 index, Back Page
      5 words
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      Page 23 Advertisements Column 3
      169 23 the FAMOUS ■!MIIUI* iM 1833 I For more information please refer to Pg. 13 I We wish you a .JB I Merry Christmas. We M 3 El wish you a Merry fl f J Christmas. We wish IB Mi 1 I- you a Merry Christ- /mM L mas and a
      169 words
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      462 24 TBKLINE AGENCIES (8) PTE. LTD. TP TZ V |%Tp Tel: 226-3363 M9HM J. 3«-IV# ULC\Jb Tlx: RS *****/TSKSIN. <ggj§P TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I awftttto HOMMOwft. ittwti tMMii i uwM I 0196 OCX mat 0408 "03.01 "05.01 04.01 07.01 11.01 1101 11.01 11.01 1101 10.01 ACX LUC
      462 words
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      Page 24 Advertisements Column 2
      1123 24 ■ESEZSBBHH oiml ii! In! ii! *»i "J *2 *ii *2 *i ITi IJjI if 1 Ji >J I i'» I>H *H f-i, mi gm M 1 I>M lI>2I 7 2 1 I? I 111? 121 *21 HI «jl -2 2 Sn rfhMMi Immßl 111 1 IMI I I*1I*«Iil I Ml
      1,123 words
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      Page 25 Advertisements Column 1
      1908 25 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES PETALI'NG^JM^V'TEL 03'/ 776j5u?5- *****42 DOcJmENTATION TEL^*****55 <INWARD)/*****90 (OUTWARD) PENANG *****6 BOOKINGS TEL. *****80 *****81/ *****82 P^DANGTIL *****2/3 FAX: *****4 (OPNS) %O%£J%OWm §UlT^^4 Z*****93 "HOB BAHRU TEL: 07-*****0 FAX: 07-*****9 Dedicated to Quality Service 200' cantonment road. #12-05 SOUTH point. SINGAPORE 0208 BTPArrft pypogfts
      1,908 words
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      Page 25 Advertisements Column 2
      856 25 MAERSK H I f zoisfies P I aCC customers f and friends A I ip (Prosperous I and m fA(eu>Cfear t II Sea K Land JVC KSStLS n> SW ITO gH TAC g» WTt: 805 <AW I MOW KM MOM OM_J 9 fc« IKOIIOYO TOKYO 9402/Sl NAVKATOR 0671 04 01
      856 words
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      1458 26 AQABA r dam/ le also accepting from VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA STUTTGART EXPRESS 01/351 1/1 10/1 16/1 19/1 22/1 36/1 Port Kelang, Perang KAGA 33/152 5/1 22/1 25/1 23/1 p BS* r Gudang DRESDEN EXPRESS 14/352 8/1 17/1
      1,458 words
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      Page 26 Advertisements Column 2
      566 26 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all seivices C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN NED AFRICA V.2473 4/1 BUNGA
      566 words
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      1237 26 r NORASIA I VAL* LHA HAM BRE ROT ANTt FEL NORASIA AL MANSOORAH 9351-3 05/01 26/01 29/01 30/01 30/01 31/01 01/02 02/02 03/02 04/02 I NORASIA PRINCESS 9401-3 13/01 02/02 05/02 06/02 06/02 07/02 08/02 09/02 10/02 11/02 NORASIA SUN 9402-3 19/01 09/02 12/02 13/02 13/02 14/02 15/02 16/02 17/02
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      1598 27 Se STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 UJ.HJMAJiIsI.M.MjI.M.WWtWI'J'IILfPM NEW GUINEA PACIFIC UNE jQ"F(gK (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SA*S STRAITS PHIOC V2s£ KK. SAan. Taw 31 tO2 lan 02 lan 04 lan FCL. LCt C OUT
      1,598 words
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      Page 27 Advertisements Column 2
      1076 27 W SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd HT l"W| I t A I¥l I*\ 1 Tiers 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 A Tel 225 2233 Te(ex RS ***** p NOCS p Fax; 225 5327/222 7517 WT -V CR Number: **********0Z II We Wish All
      1,076 words
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      562 28 w ifk EKA JAYA AGENCIES VUr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYAMMAH TRAPt PAGER HANDPHONE/DIRECT WILLIAM WEE iHW mWW/HHW amt —s—num HO CHI MINH CITY HENWY HOE 2H0i24 KELVIN CHAN ii«K2S WWTB/MWB ►TO MYANMAR/YANGON BEMI CONTAINER SERVICE JSllasST' M OCEANLINES VSI VOY STOM TBN IS/1
      562 words
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      Page 28 Advertisements Column 2
      1621 28 HANJIN SHIPPING ill BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I I SALES TEL:- *****21-233 DOCUMENT TEL: 32^7 1 -275 I I rna y*i «M» IMI HAUL S£A YVt POX FDi VSI SH IMI HAUL SAV ft.ll HTC I I HANJIN HAMBURG 01« 31/1? OKCI 20/1 21/1 22/1 |£££!y!!!L 31/12 in
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      1371 28 m ISC *c uc HE 111 OK KT an no IU as h mciM MMUMWiwmaam ssr I L COM K Oil 4/1 5/1 11/1 12/1 14/1 17/1 11/1 l»/l 21/12 *3/1 22/1 1/2 14/2 11/2 15/2 1/3 2/3 1/1 4/1 5/3 15/3 25/3 25/3 3»/3 E SmVSI 1/1 14/1 21/1
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      Page 29 Advertisements Column 1
      1551 29 sex: 'OOCL FORTUNE/'RT eta sgp 05/01/94 II I II ARRIVING LOS ANGELES 22/01/94 IN 16 DAYS I gg JII AEX: 'NEPTUNE RHODONITE 13E' ETA SGP 05/01/94 ARRIVING NEW YORK 29/01/94 IN 22 DAYS HI midwest usee Canada EXPORT TO. PSW/FWW WWWWW fio u>k -y- 1 v?v_ MP _LO* J£l— rToi
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      Page 29 Advertisements Column 2
      1079 29 O SINGAPORE SOVIET SHIPPING CO PRIVATE LTD —CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 MGKSL BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 CIKI C 0\ AGENTS: KL: 03-*****75/697 PKLG: *****43/ *****40
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      Page 30 Advertisements Column 1
      1411 30 'O v v 44 AS AGEN T S LINE (SINGAPORE) PTE LTD (CR No: **********0 M) K -WTEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD i J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA P.T. SARANA LAUTINTERNUSA.
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      Page 30 Advertisements Column 2
      1029 30 PHILI-OIMNT LINGS PT€ LTD VlOB Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 06 JAN SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 10 JAN AUCKLAND, WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 28 JAN SUVA,
      1,029 words
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      Page 31 Advertisements Column 1
      898 31 rr lllUVkl) A. iuwj wvvuawvA va *w»w PACIFIC INTERNATIONAL LINES (PTE) LTD _fajSaSajgji 140 Cecil Street. #03-00 PIL Building, Singapore 0106. SmSSSSSS CR NO: **********0E VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN MAJAPAHIT 4101 2/1 5/1 9/1 KOTA EAGLE (BMT) EAOI 31/12 3/1 7/1 BUNGA TERATAI 4513
      898 words
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      Page 31 Advertisements Column 2
      1029 31 j iSTH SPORE NRMMK ™i ""WCRP I IHMKS I It HARtt I 1 win BE TUCANA -55 um 35Z51 IS7S l VULE DC LYRA 7731W 12/01 $4/02 0«/02 $7/02 Ot/02 10/$£ WUE MttSTA 7431W V/ 01 11/02 13/02 14/02 15/02 17/?? nut DC in ANA 9331W 26/01 I*o2 22 02
      1,029 words
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      Page 31 Advertisements Column 3
      393 31 JBSAj Wm MYANMA H FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen PGdj PAGAN V2O4W 03/06 Jan HPA-AN VI97W 10/12 lan PAGAN V2OSW 20/22 Jan MALAYSIA AGENTS BOUSTIAD SHTPWG AGENCES Kll Til 03-*****00 PHI: TO. 03-*****67 PIN: TU 04 *****5 PGD: Ttt 07-*****1/4 NIGERIAN NATIONAL
      393 words
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      Page 34 Advertisements Column 1
      2770 34 Full Container Liner Services s Moneys Arms: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. GM* Ruin Indonesia Maritime Costar Shipping Pte Ltd <*tr, s* b* 2JE£T££ *JL"'i!!?"""" NKM*K«IS-M Chmeu Ckamker of Commerc, *07 05,V7 Sfe!U%l«iT Tot 121] ***** X *****89 0207 *gag.«
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      Page 35 Advertisements Column 1
      654 35 f(P FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LIKE: *****33 (24 LINES) I GOTHENBURG/SCAN 3/1 ROTTERDAM 3/1 AARHUS/COPENHAGEN 3/1 HAMBURG/BREMEN 3/1 I MARSEILLE/FRANCE 1/1 FELIXSTOWE/UK 3/1 I BARCELONA/SPAIN 4/1 LEHAVRE/FRANCE 3/1 GENOA/ITALY 471 ANTWERP/BELGIUM 3/1 I LOS ANGELES/WC/IPI 2/1 SYDNEY/MELBOURNE 1/1 I NEWYORK/EC 6/1
      654 words
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      Page 35 Advertisements Column 2
      1000 35 nraaaiaßifn iwew? m; voy I r JKT ~1 I I >£ CHAIYA BHUM 328 Fri IN PT Ty 4/1_ PERKASA 14N Fri IN PT Tiw 4/1 fESSEL VOY SIN BKK BHATRA BHUM 1M Sal 1/1 *•<* AKA BHUM 117N Sal 1/1 Mon 3/1 )RAGON SENTOSA 66N Fri IH PT Ty
      1,000 words
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      Page 35 Advertisements Column 3
      627 35 |TA| HH ITAV liil ImH |H pj Qf Bl VS U| MQHH| 1 Guaranteed Sailings to-. BANGKOK LAEM CHABANG JAKARTA PORT KELANG i •HO CHI MINH MANILA CEBU SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS j Pl DONGNAMA LINE CONTAIMERISED SERVICE BTRAITB/BLW/IMC/BSN vessel
      627 words
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      Page 36 Advertisements Column 1
      1464 36 L4AMN CONTAINER UNES MAC-NELB SPOM: BMB (X t—)_..... IHNZ/ V" Jc nrm iiooeTSWOE 3«U (064) 316T7® KUCHMO (062> *****1 PENANQ: (04) *****6 BANGKOK (W2)^4J»7 P.KELANQ: (03) *****77 JAKARTA; (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 2/1 3/1 4/1 Hong Kong Genoa/Barcelona
      1,464 words
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      Page 36 Advertisements Column 2
      188 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta eta sron rail ttIARG KAAW6 BLUE MK 12/1/* Jil,. 94 loading hx IWe jetj RUVU HIIIHU 18 1 94 Discharging ind loading tof Bom toy oouiw m/M Loading Fm Mile nOKEI STREK IS/1/94 Loading For IMt UMCOH «/I/9« Loading For Male
      188 words
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      Page 36 Advertisements Column 3
      959 36 r Q THONG SOON LINES PTE LTD I 78 SHENTOH WAY #10-01, SINGAPORE 0207 I V 7 \yy TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO pgg2n32DEI2EnEEI2SnBB3i^^HSiIiEEI3B^^B3 SINGAPORE TO SARAWAK VESSEL ioT~~ S PORE PEST VESSEL VOY S PORE PEST EQUATOR JADE 99/3E 04
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      Page 37 Advertisements Column 1
      804 37 snipping limes, Friday uecemnw 31 uaj ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING HMU SOC CAKGOLS TO FROM KoBf. YOKOHAMA, NAGOTA. MOA. TOKYO*. MANIA* DAVAO*. Penant" P. Kelanf Singapore E'Msia* IVYEVERETT V7E 19/20 lan KARABIEVERETT VISE 26/27 Jan 28/29 Jan 01/02 Feb KAMALEVERETT VI9E 13/14 Feb 15/16 Feb ACCEPTING BKAKBU.K
      804 words
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      Page 37 Advertisements Column 2
      366 37 m GLORY NAVIGATION GROUP U tk 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 30/12 5/1 TIMBER GLORY 9/12 15/1 SP PKL HCM HK KAO GLORY SELATAN VII 2/1 4/1 11/1 *ALSO LOADING IN
      366 words
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      Page 37 Advertisements Column 3
      543 37 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VISSIL *0* KMACH SQL AN 136 m W PT M/ 01 HYDERABAD 12S-HW 22/01 SARGOOHA 134-HW 2«/01 04 02 KAGHAN 106-HW 12/02 H 0? FAR EAST CONTAINER SERVICE ONLY ""VOY"* SIN KG BSW OSA NAG TO* KAGHAN IOSOW 13/01 22/01 25/01
      543 words
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      Page 37 Advertisements Column 4
      599 37 FORTNIGHTLY DIRECT CONTAINER SERVICE |S[j SIN TO DURBAN/ P. ELIZABETH I VESSEL SIN DURBAN P ELIZABETH I I FEN ME/33 04/01 20/01 23/OI I Jl AN HE/SO 26/01 11/02 14/02 I HUIHE/102 11/02 24/02 14/03 I ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN I BOOKING AGENT FOR COSCO I SIN
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      Page 37 Advertisements Column 5
      291 37 SIN FAR EAST I 04/01 KEELUNG/KAOHSIUNG I 08/01 BANGKOK I 09/01 MANILA/CEBU I 09/01 JAKARTA/BELAWAN/SURABAYA I 10/01 PORT KELANG/PENANG/E. MALAYSIA I 10/01 BUSAN I 09/01 TOKYO/YOKO/KOBE/NGO/OSA I 10/01 HONG KONG I SIN CHNM I 10/01 GUANGZHOU/HUANGPU/SHENZHEN I FUZHOU/XIAMEN/SHANTOU/SHEKOU I DALIAN SHANGHAI XING ANG I TIANJIN/QINGDAO/HAIKOU I also accepting LCL cargo
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      Page 38 Advertisements Column 1
      803 38 HONG KONG/CHINA 05/01 JAKARTA 08/01 BANGKOK 05/01 MANILA 09/01 BUSAN 09/01 KEELUN6 04/01 TOKYO/KOBE 09/01 KAOSHIUNG 08/01 PORT KELANG/PENAN6 03/01 YOKOHAMA 09/01 COLOMBO 12/01 FELIXSTOWE/HAMBUR6 10/01 MADRAS 04/01 ROTTERDAM/LE HARVE/ANTWERP 10/01 BOMBAY/KARACHI 10/01 BARCELONA. MARSEILLES. GENOA 04/01 CHITTAGONG 09/01 lax/nyc 02/01 sydney/melbourne 06/01 0* 11 CMT LINER EXPRESS AGENCIES PTE
      803 words
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      Page 38 Advertisements Column 2
      364 38 "y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 14TH JANUARY ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 07 JAN JAKARTA 04 JAN PORT KLANG 07 JAN BANGKOK 09 JAN HONGKON6 09 JAN MELBOURNE 07 JAN SYDNEY 07 JAN ADELAIDE 06 JAN 08 JAN 'ACCEPTING TO ALL SCANDINAVIA PORTS MADRAS 06
      364 words
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      Page 38 Advertisements Column 3
      434 38 Next Week's Sailings Singapore I FIRST FORWARDER IN To: ETD To: ETD asia awarded Singapore Singapore '***LRQA EVERY EVERY i Bangkok SUN Jakarta SUN \itfj EVERY EVERY LXI Manila SL'N Ho Chi Minh FRI (Dj jj EVERY EVERY \v£^LfSSJ Colombo TL'E I.imassol THL'R KTERNATIONAL SEA FREIGHT FORWARDING Tel: Fax: WC
      434 words
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      Page 38 Advertisements Column 4
      176 38 I NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMVNAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ EOS ANGELES (LONG BEACH)/NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ EELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN ECL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every
      176 words
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      Page 39 Advertisements Column 1
      1176 39 j MBlfggggy CRYSTAL FREIGHT SERVICES PTE LTD g grsirat- asian pobts mm mumimmiiA eiwope nAkimrw 9/1 AUCKLAND 10/1 ANTWERP 3/1 S OK I,] ADELAIDE 6/1 FELIXSTOWE 1/1 Mnwr knwr 1/1 BRISBANE 5/1 HAMBURG 3/1 VPL/aqta l/i FREMANTLE 31/12 ROTTERDAM 3/1 SURABAYA 4/1 MELBOURNE 31/12 3«12 SYONEY kaohsiung w other PORTS
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      Page 39 Advertisements Column 2
      214 39 37 CINZA ORIENT SHIPPING CO, S.A. (GOSCO LINE) VESSEL VOY SIM YANGON GINZA ORIENT 04/N 15 JAN S-10 JAM C STAR OS/N 5 7 lAN 10-12 JAN M.V. OLYMPIA 06/N 10 15 JAN IS 20 JAN FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DEEPSEA SERVICE VESSEL VOY SIN ANTWERP TBN
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      Page 39 Advertisements Column 3
      273 39 rcONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.20 PORTS VOY BUENOS MONTEVIDEO I DURBAN JAKARTA f SINGAPORE I HONG KONG I KAGOSHIMA YOKOHAMA VESSELS AIRES'" PRIOZERSK EBO4 SAILED SAILED SAAJO 1414/12 21/12 2S/12 DO PUSAN PAVLOGMAD EBOS SAILED SAILED 22/12 08 10/01 05-06/01 16/01 20 29/01 31/01 PETROOVORETS EBO6 15 24/12
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      179 39 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 2.4 2.6 2.5 2.3 1.8 1.4 1.1 1.1 1.3 1.7 2.3 2.9 3.3 3.3 3.0 2.4 1.8 1.2 0.7
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      Page 39 Miscellaneous Column 2
      135 39 LEGEND R Thunderstorm Temperoture c X\ *j Weather Wmd direction with speed m knots Rom Wave height Cloudy Sky Svrface winds are indicated by arrows which Hy with the wind Q One tul circle represents cotm or Wght ond vonoble winds 1 One hatf Heche represents 5 knots 1 One
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      Page 40 Advertisements Column 1
      618 40 i VIGOUR PACIFIC LINES NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC" 9401N 31/12/93 08/01/94 inin4ll/ cucov VIGOUR PACIFIC 9401 AN 03/01/94 08/01/94 MJDJ® EVERY VIGOUR SINGAPORE 9402N 07/01/94 15/01/94 FRID T Ar CONTAINER 4 SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR PACIFIC 9401N 31/12/93
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      Page 40 Advertisements Column 2
      295 40 @APPENSHIP fS] HAMBURG UVJ CONVENTIONAL INDEPENDENT LINER SERVICE v EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS WSCHARGE/LOAWNG FOR FRUITION ANTWERP 23 11 93 SPORE 10/1 BKK 15/1 RIMBA MERANTI SPORE 19/1 LORELEY PORT SAID 29 12.93 SPORE 18/1 BKK 23/1 FORUM WIND PORT SAID 1.1.94 SPORE
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      Page 40 Advertisements Column 3
      411 40 1. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      Page 41 Advertisements Column 1
      972 41 HYUNDAI I MERCHANT MARINE CO. LTD. f WESTBOUND TO EUROPE BKG: *****61 I VtsStLS VOY m PKE TCP VESSELS VOT SHI »TM MIT* LEH* HAW BW HI |j MM ADVANCE 034 A 27/12 2S/12 30/12 H. INNOVATOR 307** 03/01 21/01 21/01 22/01 23/01 23/01 25/01 I NOR MALACCA 9401 A
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      Page 41 Advertisements Column 2
      516 41 BBS) STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO I HEAVY LIFTS I INBOUND VESSELS I ytSSEI NT ff HI ROC RR I COSMC TRADER «1 $1# ■PT I StRI AALISR 12 1/1 11/1 I COSMC MASTER IM I tASTER® fEMt IM S/« T/l I REI9NR 114 MPT 1/1 I
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      Page 41 Advertisements Column 3
      895 41 EXPORTTO^^^^^ JEDDAH/UK/CONTINENT [STORE lED S'TON HVJtC It Ml LEH •Mm Acc«|>M| C»|* F*: RAGA 33/152 5/1 22/1 25/1 27/1 SwftMpta :toM UK taftxtwi. BMari WMM KRUSMMA 02/101 12/1 5/2 1/2 3/2 Rrtvtfan :to 4 Antwwp Arator4«. o*. Mm* LUDttIGSMAFEN EXPRESS 11/301 15/1 24/1 2/2 7/2 5/2 9/2 S*ittmpton :tod IK
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      Page 42 Advertisements Column 1
      56 42 <??{~?)-.{[%\;)?~%`&,<{%>|&:}<& M.V. "OCEANIA QUEEN" VOY.O Aimed 26th December 1993 Consignees of all damaged cargoes ex the captioned vessel are hereby notified that a general jurvey will be held on the 3rd January 1994 0900-1200 hours at PTIO. No further survey will be entertained thereafter. As Afpnta: "K" IJfM KJnkal A3
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      Page 42 Advertisements Column 2
      35 42 STME N T^l Tomorrow in Business Times Line* and Mrvtett rnprtttntnd MirtOT of tfcn Registry «f AcenMm liKfmiw* Skipping Agent*, fcppw National Skip- UjUsfltt ping fttttfiirthti WW' fa advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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