The Business Times, 6 January 1994

Microfilm: NL19041
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/93 Thursday January 6 1994 II i: KSOW'ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 4.5 points
      50 1 AFP NEW YORK Blue-chip stocks fell here yesterday, pushed down by a climb in long-term interest rates after a report that American factory orders jumped 1.4 per cent in November. The Dow Jones industrial average was down 4.5 points at 3.779.40 at Ipm EST. AFP
      AFP  -  50 words
    • Article
      Lock icon UK minister quits over affair
      72 1 AFP LONDON British Environment Minister Tim Yeo. who admitted fathering a child in an adulterous affair at a time when the government is preaching a return to traditional family values, resigned yesterday. government sources said. Mr Yeo. 48. married with two grown children, had acknowledged
      AFP  -  72 words
  • Article, Illustration
    MARKET SUMMARY
    120 1 Stock market indices Wednesday Change ST1I 2.431.99 -39.91 KLSE Composite.. 1.314 46 +1.11 Nikkei 17 783.48 +413.74 HangSeng I2.16 7 93 -33.16 SET Index 1.709 64 -44 09 Jakarta C omposite ...612.89 12.95 CLSAChinaB 1 474 79 H2.44 Ausl All Ord 2.193 4 +19.1 FTSE 100 3.379.2 -29.3
    120 words
  • Article, Illustration
    Lock icon Syndicates drive up Malaysian loan stocks on KLSE, Clob
    591 1  -  By R Sivanithy SINGAPORE Stockmarket syndicates struck the Singapore and Kuala Lumpur markets yesterday, picking Malaysian loan stocks as their latest target for price manipulation, analysts said. The prices of Malaysian loan stocks surged past their nominal values, both on the
    Source: Bloomberg  -  591 words
  • Article
    S'pore manufactured exports up 12pc
    510 1  -  By Schutz Lee SINGAPORE Singapore's manufactured exports returned to double-digit growth of 12.4 per cent in volume terms in November after a 9.8 per cent increase in October. Figures released by the Trade Development Board yesterday led private sector economists to concede that non-oil domestic
    510 words
  • Article
    Lock icon Indon private sector urged to curb offshore borrowing
    582 1 Reuter JAKARTA Indonesia's Finance Ministry has urged the private sector to curtail investment in big projects needing overseas funding ahead of the announcement of an expected tough national budget. Economists said investment will be a major theme in the budget of Asia's
    Reuter  -  582 words
  • Article
    Regional markets take profits, KLSE index hits new high
    326 1  -  By R Sivanithy SINGAPORE Bulls in the region yesterday took a breather to lock in profits, with only prices in Malaysia ending the day at a new record high. In Singapore, a day of hectic trading saw the Straits Times Industrials
    326 words
  • Article
    Rumours of Mr Lee's ill-health scotched
    103 1 SINGAPORE Persistent rumours in the stoekmarket that Senior Minister Lee Kuan Yew had been taken ill were scotched last night by a journalist who interviewed Mr Lee. The managing editor of Foreign Affairs. Farced Zakaria. told Bloomberg Business News that Mr Lee showed no
    103 words
  • Article
    Lock icon 400,000 HK Chinese could lose right of abode after 1997
    243 1 AFP HONGKONG Some 400.0(H) Hongkong Chinese could lose the right to live here after the British colony reverts to China in 1997 because they have obtained foreign citizenship. the government said yesterday. I he figure was given to legislators by
    AFP  -  243 words
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      110 1 I Bu rberrys I J HKO >, < I I Reigns when it pours jXXX»i<*<M(Xi(<*K*K*XXX<X*X*'<**X>< CONTENTS News CoiflpinKs S'pore News 2 S pore M sia ,15.16.18 Regional News 3.4.5 Financial 19.20 World News 6 Features Markets Analysis 13 Clob KLSE. S£S 24 26 Editorial 12 Regional 23 Sports 7 World
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      8 1 Law: pg ii In the event of death
      8 words
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      25 1 Hock Lock Siew: Pg is HI 0 That sudden rise in Pac (fcm's price Investors warned against putting monc) into loan stocks indiscriminately, Pg 16
      25 words
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      172 1 Jhe Bottom Line: r* 14 bout infrastructure development The walls are coming down The chairman of China's State Science and Technology Commission. Song Jian (ahove). predicts that China could he a world leader in many of the important future high-tech developments like computers and microchips. Analysis, Pg 13 wU BRUNO
      172 words
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      5 1 j(^Eßß["rni^^ Full reports. Pages 22-26
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Domestic demand to slow down?
        338 2  -  By Anna Teo DBS BANK has predicted a slowdown in domestic demand this year, a view that is at odds with the general consensus. Other analysts reckon domestic demand will remain firm this year on the back of a mini boom in private consumption. In
        Source: S G Warbug Securities  -  338 words
    • Article
      EDB raises investment in biotech firms by $11m
      375 2  -  Biotechnology By Ven Sreenivasan THE ECONOMIC Development Board invested $11 million in biotechnology companies last year, bringing the total value of its stakcholdings in such projects worldwide to $20 million. In all, EDB's biotechnology investment arm. Singapore Bio-Innovations (SBI), has invested in
      375 words
    • Article
      Abacus in talks to form global reservation system
      325 2  -  By Juliette Walker SINGAPORE-based Abacus Distribution Systems is holding talks to merge its computerised reservation system (CRS) with similar travei reservation systems based in Europe and North America. Abacus is said to be seeking a closer partnership with Madrid-based Amadeus Global Travel
      325 words
    • Article
      Cap on circulation of Economist to be lifted from Jan 15
      204 2 THE CAP on The Economist's circulation in Singapore will be lifted from Jan 15, the Ministry of Information and the Arts said yesterday. With the de-gazetting. The Economist will no longer be required to appoint an authorised distributor and
      204 words
    • Article, Illustration
      NTUC plans to help members invest in shares: Boon Heng
      515 2 Union chief alarmed by number of workers caught in market fever THE NATIONAL Trades Union Congress is working on a scheme to help workers invest in shares, says labour chief Lim Boon Heng. Mr Lim. NTUC secretarygeneral and Minister without
      515 words
    • Article, Illustration
      SSL selling Bugis Junction office space for $4.60 psf
      440 2  -  By Abdul Hadhi THE SELLING of office spacc in Bugis Junction has begun in earnest, with its owners asking around $4.60 psf, a figure in line with market trends. Listed Straits Steamship Land ran full-page advertisements recently in local newspapers inviting
      440 words
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      208 2 This announcement appears as a matter of record only I January 1994 I The Hour Glass Limited I (Incorporated in the Republic of Singapore) I Placement I of I 7,700,000 New Ordinary Shares I of $0.25 each I at $2.18 per Share I in the capital of I The Hour
      208 words
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  • THE REGION
    • Article
      Thai central bank revises 1993 growth forecast upwards
      446 3  -  From Alan Boyd in BANGKOK THAILAND'S central bank has unexpectedly lifted 1993 growth projections after the stronger yen led to a dramatic late surge in export revenues from Japan. Government economists said gross domestic product (GDP), the leading economic indicator, was now
      446 words
    • Article
      Lock icon Jakarta wants human resources to be main theme of Apec forum
      342 3 Reuter JAKARTA Indonesia wants to make human resource development in education and other fields a major theme of its leadership of the 17-nation Asia Pacific Economic Cooperation (Apec) forum. "We have submitted that there is a possibility that human
      Reuter  -  342 words
    • Article
      Clinton seeks leaders-only format for next Apec meeting in Indonesia
      210 3  -  From Al Labita in MANILA US President Bill Clinton wants Indonesia to maintain the "leaders-only" format when it hosts the next Apec meeting in November. Mr Clinton's suggestion was contained in a letter sent to Indonesian President Suharto, a copy
      210 words
    • Article
      Lock icon M$800m Seberang Jaya town set to be commercial hub of northern region
      267 3 NST PENANG The MsBoo million (Ss4BB million) Bandar Seberang Jaya town centre is expected to become the commercial hub of the northern region when completed in 10 years' time. Developed by Bandar Sunway (Penang) Sdn Bhd, a subsidiary
      NST  -  267 words
    • Article
      Lock icon Vietnamese food production up
      166 3 AP HANOI Vietnam's farmers produced 800,000 more tonnes of food in 1993 than they did in 1992, further advancing the country from chronic food shortages to a leading rice exporter. Food output grew to 25 million tonnes in 1993 because of economic reforms, upgraded irrigation systems
      AP  -  166 words
    • Article
      Foreign firms in keen battle to install telephones in Cambodia
      299 3  -  By Harish Mehta SINGAPORE The battle to install telephones in Cambodia has intensified, with 15 foreign firms and a few Cambodian companies joining the fray. So Khun, the Cambodian Minister for Post and Telecommunications. told BT in a telephone interview
      299 words
    • Article
      Lock icon Hanoi actively seeking foreign investments for development
      469 3 Reuter HANOI Hanoi hopes to spark "Vietnam Fever" among foreign investors in 1994 as it seeks cash for development and infrastructure, and believes the lifting of the US embargo will mark only a first step. "We hope to create a fever in Vietnam
      Reuter  -  469 words
    • Article, Illustration
      Lock icon Hot dogs
      44 3 Reuter HANOI Vietnamese vendors selling roast dogs at a street corner market in Hanoi. Dog meat, a traditional delicacy in Vietnam, sells for 25,000 dong (about SS4) per kg. I his is a lot more expensive than chicken, pork or beef. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Malaysian manufacturers post 19pc rise in sales in first 10 months of '93
      396 3 Bernama KUALA LUMPUR Sales by the country's eight major manufacturing sectors rose 18.9 percent to M 585.1 billion (5551.9 billion) in the first 10 months of 1993 from M 571.6 billion in the previous corresponding period. Topping
      Bernama  -  396 words
    • ASIA NOTES
      • Article
        Lock icon US may drop Thailand from trade list
        101 4 Bernama BANGKOK The US government may drop Thailand from its priority watch list for trade measures because the Thai government has moved in line with US requirements, deputy commerce minister Jurin Laksanavisit said on Tuesday. The US was satisfied with Thai government moves
        Bernama  -  101 words
      • Article
        Lock icon KL to sign oil spill response pact
        89 4 Reuter KUALA LUMPUR Malaysia is to sign an agreement with its South-east Asian neighbours under which they would jointly combat oil spills in the region. Environment Minister Law Hieng Ding said yesterday. He said the move would pave the way for the implementation
        Reuter  -  89 words
      • Article
        Lock icon Philippines exceeds deficit ceilings
        114 4 AFP MANILA The Philippines failed to stay within its previouslyset ceiling for its consolidated public sector deficit for 1993, the presidential palace said in a statement issued here yesterday. The palace quoted Finance Secretary Ernest Leung as saying that the deficit, which was originally set at
        AFP  -  114 words
      • Article
        Lock icon Star TV fires chief: magazine
        103 4 Reuter HONGKONG Satellite broadcaster Star TV has fired its managing director less than five months after media tycoon Rupert Murdoch picked him to run the Hongkong-based network. Far Eastern Economic Review reported yesterday. It said Jim Griffiths, contacted in the US, had refused to comment.
        Reuter  -  103 words
    • Article
      Lock icon Reforms may lead to social unrest, Chinese papers warn
      485 4 Reuter BEIJING China has raised the possibility that current bold economic reforms may lead to social unrest and given stern warning that the balance between change and stability must be maintained. One unusually outspoken article, published in a major official national
      Reuter  -  485 words
    • Article
      Lock icon China socks it to US in prison exports row
      407 4 Reuter. AFP BEIJING China claimed victory in a long-running row with the US over allegations that it exported goods made by prisoners. The People's Daily on its front page yesterday quoted from the Dec 13 issue of a US government publication,
      Reuter.; AFP  -  407 words
    • Article
      Lock icon Heavy inflow of foreign funds affecting HK's stability: govt official
      356 4 Reuter HONGKONG A heavy inflow of foreign capital into Hongkong's booming stock market is the major concern affecting local economic stability. says Joseph Yam, chief executive of the Hong Kong Monetary Authority (HKMA). Mr Yam also confirmed that the HKMA
      Reuter  -  356 words
    • Article
      Lock icon Number of Chinese lawyers rising
      186 4 AFP BEIJING The number of lawyers practising in China increased by 28 per cent last year to 90.000 as the demand for legal advice mushroomed in step with the country's drive towards a market economy, it was reported yesterday. The number of law offices also
      AFP  -  186 words
    • Article
      Lock icon Indirect China-Taiwan trade hit record US$10b last year
      244 4 Reuter BEIJING Indirect trade between Taiwan and China reached a record US$lO billion (Ssl6 billion) in 1993. up from US$7.4 billion in 1992. the Market newspaper said. It said China had become the No I destination for overseas investment by Taiwan companies,
      Reuter  -  244 words
    • Article
      Lock icon Patten to unveil more HK reforms in March: radio
      442 4 Bloomberg Business News AFP. Reuter. HONGKONG With hopes of more talks with China fading fast. Governor Chris Patten is to move ahead with stage two of his Hongkong demoeratic reforms in Mareh. gov-ernment-owned radio said yesterday. Citing British sources. Radio Television
      Bloomberg Business News; AFP.; Reuter.  -  442 words
    • Article, Illustration
      Lock icon A round of applause for Shanghai spinner
      58 4 Xinhua News Agency SHANGHAI I his unidentified Chinese girl has given new meaning to the phrase "ringing in the New Year". The 13-year-old notched up a new national record on Tuesday b> spinning a total of 71 rings round her body simply by
      Xinhua News Agency  -  58 words
    • Article
      Lock icon HK barristers more costly than UK ones: firm
      202 4 Reuter HONGKONG A law firm sa>s Hongkong's top lawyers charge three times more than their English counterparts but ha!% been denied permission to bring in a London lawyer to argue a murderer's appeal. Solicitors for a client appealing against a murder conviction
      Reuter  -  202 words
    • Article
      Lock icon Japan's banks growing bolder on cost-cutting, loan write-offs
      505 5 Bloomberg Business News TOKYO A spate of articles in the Japanese press during the New Year holidays show that the 11 commercial banks are growing bolder about writing off bad loans and taking painful cost-cutting steps. Three leading Japanese banks are writing
      Bloomberg Business News  -  505 words
    • Article
      Lock icon Japanese business leaders expect recovery late this year
      238 5 Reuter TOKYO Heads of three of Japan's four major economic organisations told a New Year's gathering that they see the economy recovering late in calendar 1994. "The first half of this year will be the worst period for Japanese companies. But after
      Reuter  -  238 words
    • Article
      Lock icon Tokyo firms with retired bureaucrats win most govt projects: report
      233 5 AFP TOKYO Japanese construction firms that employ retired bureaucrats from the Posts and Telecommunications Ministry win most of the ministry's projects, The Mainichi Shimbun newspaper said yesterday. Revealing yet another example of Japan's long-standing shady links between politicians, bureaucrats and
      AFP  -  233 words
    • Article, Illustration
      Lock icon The pen is mightier than the sword
      45 5 AFP TOKYO Putting aside dreams of becoming samurai warriors for the moment, these Japanese children took part in a New Year calligraphy contest held yesterday. The event attracted some 6,500 participants between five and 70 years old. AFP
      AFP  -  45 words
    • Article
      Lock icon Pakistani central bankers quit over govt curbs
      152 5 FT ISLAMABAD Three directors of Pakistan's central bank have submitted their resignations over new legislation which partly reduces the bank's recently established independence from the government. Moeen Qureshi, the former caretaker prime minister who made the bank independent last year, said last night
      FT  -  152 words
    • Article
      Lock icon Tokyo set to clear crucial reform package in two weeks
      289 5 Bloomberg Business News, Reuter TOKYO A key figure in Japan's ruling coalition. Ichiro Ozawa. said the government's crucial package of political reform bills should clear parliament by around Jan 20. "We hope to conclude debate in the Upper House (political
      Bloomberg Business News,; Reuter  -  289 words
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      9 3 Thai ccntral bank to raise capital requirements, Pg 19
      9 words
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      Page 3 Advertisements Column 2
      259 3 MOSCOW BR'; HONGKONG SIIXJI. t=r AllMPPonAiru/aus i ...m WKf 2 We expect a lot of ourselves. You can, too. We've become the first choice of more than 34 million people by taking care of them one passenger at a time. And one flight with us will show you why. AN'A's
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      135 4 (Scholarship Guide The choice of scholars Timed for publication in midFebruary, when students awaiting their GCE results begin to enquire seriously about the scholarship opportunities available, the Scholarship Guide '94 is the ideal medium for organisations to reach aspiring scholars. The Guide enables major public and private sector organisations to
      135 words
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      95 4 7D/5N SHOPPING IN |Pf» 71) twin t'l LONDON I Sightseeting tour of London's I TT vp TV wnDn7r Sightseeing West End j UK FLY N DRIVE Theatre Ticket f Your own Ilnrrods Shopping I Airfare iqvram P FREE r Am Theatre ticket for Top West end Daily Breafkfast Return Airfare
      95 words
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  • THE WORLD
    • Article
      Lock icon Fed attacks Clinton plan to merge bank regulatory agencies
      461 6 NYT WASHINGTON In an unusual public attack, the Federal Reserve on Tuesday strongly criticised a Clinton Administration plan for the consolidation of bank regulatory agencies that would hand over much of the Fed's regulatory role over to the Treasury Department. Saving
      NYT  -  461 words
    • WORLD WATCH
      • Article
        Lock icon Women executives have better skills
        83 6 AFP BIRMINGHAM Successful women executives often have greater skills and determination than male counterparts, but run a greater risk of emotional problems in pursuit of their careers, a study has shown. "The outcome of being very successful is also being very tense and very neurotic,"
        AFP  -  83 words
      • Article, Illustration
        Lock icon Microsoft man and wife
        67 6 Reuter LANAI. Hawaii Bill Gates, chairman of Microsoft and America's wealthiest bachelor, dancing with his bride Mclinda French on Sunday after their wedding. The wedding of Mr Gates, the second richest person in the United States with a net worth of at least USS6 billion (559.66
        Reuter  -  67 words
      • Article
        Lock icon Widow, 84, wins right to buy Amex seat
        96 6 Bloomberg Business News WASHINGTON An 84-year-old grandmother won the right to purchase a seat on the American Stock Exchange after officials tried to deny her a membership. The Securities and Exchange Commission said it could not prevent Beatrice J Feins from becoming
        Bloomberg Business News  -  96 words
      • Article
        Lock icon Moscow worried over Nato expansion
        62 6 Reuter MOSCOW Russia reacted swiftly yesterday to a request by former Soviet Lithuania to join Nato, saying that extending the alliance so close to its borders could destabilise the entire region. A spokesman said President Boris Yeltsin was worried by the possible consequences of expanding
        Reuter  -  62 words
    • Article
      Lock icon Canada to cut budget deficit through tax crackdown
      312 6 Reuter OTTAWA A crackdown on the underground economy could bring in Cs3 billion (553.6 billion) to Cs4 billion extra in tax revenues within two years that could be used to cut Canada's budget deficit. Revenue Minister David Anderson said. Mr Anderson said
      Reuter  -  312 words
    • Article
      Lock icon Yeltsin publishes decree over voucher privatisation
      325 6 FT MOSCOW Russian President Boris Yeltsin published a decree on Tuesday aiming to conclude a voucher privatisation programme by July, amid increasing fears over the adequacy of protection for small investors. In what one investment fund manager predicted would turn into a "series of
      FT  -  325 words
    • Article
      Lock icon White House seeks sleight-of-hand plan on welfare reform
      359 6 NYT WASHINGTON The Clinton administration is trying to devise a strategy that would allow it to appear to be pushing for welfare reform, even while delaying action on a Bill until the president's health care plan clears Congress. The effort to delay
      NYT  -  359 words
    • Article
      Lock icon UK to review rules on cross-media ownership
      592 6 Bloomberg Business News Reuter. LONDON Fear of Rupert Murdoch's burgeoning television and entertainment interests played a major role in the British government's decision to review rules on cross-media ownership, media industry- experts say. On Tuesday, the government's Department of National Heritage, which oversees
      Bloomberg Business News; Reuter.  -  592 words
    • Article
      Lock icon Bank of France becomes autonomous under new panel
      483 6 AP. Reuter PARIS The French central bank became officially independent of government control yesterday as the cabinet selected six economic notables to direct its monetary policy. The six will join the current Bank of France governor. JeanClaude Trichet. and his two deputy
      AP.; Reuter  -  483 words
    • Article, Illustration
      Lock icon A Serb mortar took all but him
      52 6 AFP SARAJEVO His face pitted by sharpnel, 77-year-old Mensur Dragnic, describing on Tuesday how a Serb mortar grenade hit his house on Monday, wiping out his family, leading him the only survivor. His daughter, her husband and their three children died in the
      AFP  -  52 words
    • Article
      Lock icon Shield EC workers from austerity drive: Greek PM
      275 6 AFP ATHENS European workers should be shielded against the austerity effects of a drive to improve economic competitiveness. Greek Prime Minister Andreas Papandreou said here on Tuesday. He was speaking at a banquet to mark the start of Greece's six-month presidency of
      AFP  -  275 words
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      77 6 Six Kinds Cold Cuts rShark's Fin w th Spring Chicken f f/\ fflkX Barbecued Peking Duck H 1 l"K\ Red F,sh w,th j_ if' I Soya Bean Crumbs l t I Fried Prawns with U'Hl Garlic Chilli Sauce •*Bean Curd in Hot S'zzl'ng Plate ii Assorted Vegetable Braised Noodles with
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  • SPORTS
    • Article, Illustration
      Lock icon Price in citizenship controversy
      286 7 Golf AP HARARE, Zimbabwe Nick Price, the top money winner in professional golf last year, plays for Zimbabwe but lacks Zimbabwean citizenship, the government said Tuesday. Home Affairs Minister Dumiso Dabengwa confirmed Price had yet to file an application for citizenship. even though he represented Zimbabwe
      AP  -  286 words
    • Article
      Lock icon Shattering Shaq's slamfest
      628 7  -  Should Shaquille O'Neal's TV ads display so much destruction, Harvey Araton wonders Harvey Araton NYT NEW YORK A new television commercial for a longdistance telephone service concludes with Shaquille O'Neal's father hanging up the line in a phone booth. In a parody of his son's signature dunk,
      NYT  -  628 words
    • Article, Illustration
      Lock icon Ice dancers Torvill and Dean start comeback bid tomorrow
      450 7 Reuter LONDON Jayne Torvill and Christopher Dean, Britain's ice dancers supreme, lift the veil of secrecy which has surrounded their comeback tomorrow. After a 10-year absence, they return to competitive skating at the British championships in Sheffield, the first step of
      Reuter  -  450 words
    • Article, Illustration
      Lock icon Lend a leg
      42 7 Reuter NEW YORK New York Knicks' guard Greg Anthony getting a leg up as he blocked Orland Magic's Scott Skiles (with ball) in the second quarter of their NBA game on Tuesday at New York's Madison Square Garden. Router
      Reuter  -  42 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        120 7 AP Reuter Al'Bl RN HIU-S, Michigan Detroit Pistons star Isiah Thomas will run the team and become a part-owner once he retires as a player as part of a USSSS million (5588.5 million) deal. Thomas will be given the job of heading the team's rebuilding efforts An official announcement
        AP; Reuter  -  120 words
      • Article, Illustration
        Lock icon Ice hockey
        45 7 Reuter NKW YORK Results of games plated on luesday: New Jersey 6 NY Islander* 3; Toronto 0 Tampa Bay I; Dallas I Chicago 2 (OT). St Louis 4 IX'troit 4 (OT); Los Angeles 5 Quebec I; San Jose 2 Montreal 2 (OT). Reuter
        Reuter  -  45 words
      • Article, Illustration
        Lock icon Marathon
        72 7 AP HANOI, Vietnam At least 200 runners from 20 countries will compete in the Ho Chi Minh City Marathon on Jan 16. The race begins in front of the old Presidential Palace, which communist tanks smashed into on April 30. 1975. to defeat the Saigon government and win the
        AP  -  72 words
      • Article, Illustration
        Lock icon Swimming
        52 7 AP KH.JIM; Alexander Popov of Kussia hrokc the world record in the men's 100 m freestyle for the second time in a week yesterday at the World Cup Short-Course Tournament. Popov finished in 47.82 sec. clipping 0.01 sec o(T the world mark he set in Hongkong on New Year's
        AP  -  52 words
      • Article, Illustration
        Lock icon Tennis
        149 7 ALP BRISBANE Women's hardcourt championship 2nd rd yesterday (Australian unless stated): Barbara Kittner (Ger) b Joanne Limmer 6-1 6-4: Natalia Mcdvcdcva (Ukr) b Sandra Wasscrman (Bel) 6-4 6-4; Ann Grossman (US) b Kadka /.rubakova (Slov) 6-2 6-2; Nathalie Baudonc (Ita) b Ria Grande (Ita) 6-4 5-7 6-4; Shi-ting Wang
        ALP  -  149 words
      • Article, Illustration
        Lock icon Wrestling
        82 7 Reuter JAkARIA Indonesia will host ihc second Asia-Pacific Wrestling Championships in the East Java city of Surabaya from Feb 7 to 9. the official Antara news agency reported yesterday. "So far. 11 countries have confirmed their participation in the upcoming championships which will stage all events in free-style." Rio
        Reuter  -  82 words
    • Article
      Lock icon Czechs advance to final
      281 7 Hopman Cup AP PERTH Petr korda outslugged Wally Masur 4-6, 6-1, 6-4 last night, lifting the topseeded Czech Republic into the final of the Hopman Cup team tennis championship. Jana Novotna downed Nicole Provis 6-2, 6-2 in the opening women's singles and Korda then clinched a
      AP  -  281 words
    • Article
      Lock icon Stafford stops top-seed Muster
      445 7 Australian hardcourt championships AFP ADELAIDE South African Grant Stafford prepared for a rainy day yesterday and the result was an upset victory over top-seeded Thomas Muster in the Australian men's hardcourt championships. Because of three rain delays, the second-round singles clash was the only one completed
      AFP  -  445 words
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      19 7 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:7*I-1298 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... or Notices, 1-800-741-1883 [ThaBtemli«TUa—]
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      363 7 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO RT INVESTMENT NOMMEES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting ol the Company deemed to be held on 30 December 1993. the following resolutions were duly passed 1. SPECIAL RESOLUTION WMDMG-UP That the Company be wound up voluntanly
      363 words
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      Page 7 Advertisements Column 3
      344 7 M THE MATTER OF THE COUP AMES ACT, CAP. 90 AND M THE MATTER OF NO. 1 DESKJN A PACKAGMG PTE LTV (In Members' Voluntary WMng-Up) SPECIAL RESOLUTIONS PASSED ON 3RD DAY OF JANUARY 19M Al an Extraordinary General Weeing of te Company hNd M 155 Kaßang Way #07-10/15 Singapore
      344 words
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      Page 8 Advertisements Column 1
      905 8 LfHffl Nothing Beats A Bud. InHffifl where to wine, dine and entertain OK BKEHS^^ Yangihuu dianxin If*/jt!!l Yangzhou Dianxin *™*LL Executive Lunch With more new items, for 2, 4 and 6 people, the Yangzhou dianxin Call *****93 tor reservations, lunch in Tien Court has Tien Court also introduces 3 executive
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      Page 8 Advertisements Column 2
      341 8 ppetiserj 'Widest appetiser choice. If we were to lay the appetiser spread at our monthly international lunch buffet down Orchard you 11 have the widest choice in town. Literally and wonderfully. JQP Jor reservations, please call ***** Si. rW Italian 'Buffet for the month of s Revolving January at }34.50
      341 words
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  • LIFESTYLE
    • Article, Illustration
      Trishaw — neurosis on the go
      675 9  - Trishaw neurosis on the go Claire Leow receives a powerful dose of images and metaphors, but comes away unmoved Claire Leow THE Necessary Stage, the strongest local proponent of workshopped or improvised plays, has kicked ofT the year's repertoire with Trishaw, a Singa-pore-Scottish collaboration. It is perhaps reflective of the
      675 words
    • Article
      Lock icon Schindler's List voted best film of 1993
      235 9 Reuter NEW YORK The National Society of Film Critics on Monday voted Steven Spielberg's Schindler's List as the best film of 1993, and also named Spielberg as the best director. Previously, both the Los Angeles Film Critics Association and the New York Film
      Reuter  -  235 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      239 9 English Karaoke lounge 4 where you can be a star! fty WALL i Happy Hours: 6.00 pm 9.00 pm. liir——m fff AMARA-HOTEL Singapore 165 Tanyong Road S.nKapure 0208, Td 224 *****, Telex RS SSBB7 AMARA, lelefa* 224 <910 GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our
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      Page 9 Advertisements Column 2
      85 9 K Shark's Fin Soup, Sauteed Crystal Prawns, Deep Fned Soon Hock and Supreme Lobster Salad. Just a few of the superb Cantonese delights to tempt your tastebuds that you'll find on our special dinner menus. There are four different menus to choose and they start from just 1128". To reserve
      85 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1162 9 TV RADIO BEII2M2M ■hpiii The Object Of Beauty, 8.30pm, SBC 5 Andie MacDowell in London. statfrom up expenses. no M Absence of Malice, 9.00pm, TV I Reporter Sally up a She privilege, while he through a of legalism J to get El Tales from the Crypt 11.50pm, SBC 5 that
      1,162 words
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  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • Article, Illustration
        MiniRotor, the alternative payphone
        129 10 ONE year after authorities opened up the market for lo-eal-eall coin pay phones, loeal distributor Asia Automation is offering the first approved alternative to the familiar orange Teleeom payphone. The company is selling the Italian-made Minißotor payphone for 51.200. which it says is a bargain compared
        129 words
      • Article
        Gunasinghant wins innovator award
        89 10 SINGAPORE Singaporean scientist-cum-entrepreneur Hari Gunasingham is the latest winner of the EDN Asia Innovator Award, presented by the leading technology journal for electronic engineers in Asia. Dr Gunasingham, founder and managing director of Eutech Cybernetics, joins Creative Technology CEO Sim Wong Hoo and four other Asian
        89 words
      • Article
        Lock icon Sewage makes trees grow faster
        78 10 Reuter LONDON British scientists are using sewage to make trees grow up to three times faster than normal on derelict sites. British Coal, Welsh Water and the Forestry Authority joined forces to inject sludge directly below the surface before planting trees on old coaling sites.
        Reuter  -  78 words
      • Article
        Lock icon Lucy's older than you think
        107 10 Reuter BERKELEY. California Scientists said they have used a new technique to date accurately one of mankind's earliest ancestors at more than three million years old. Robert Walter, a researcher at the privately run Institute of Human Origins in Berkeley, said scientists had used a
        Reuter  -  107 words
    • Article, Illustration
      Burn-in to succeed
      709 10  -  Joseph Rajendran profiles the products of Sunright, which has just won in-principle approval for a listing on the Stock Exchange of Singapore Joseph Rajendran Homegrown Sunright, which designs and makes testing equipment for the semiconductor industry, will launch a new system next week for the buming-in and
      709 words
    • Article
      Lock icon The White House turning green
      539 10 AP IN what would be the most comprehensive renovation of the presidential residence since it was gutted and rebuilt in Harry Truman's day. a team of 90 architects, environmental engineers, scientists and others is planning to make the White House a model of energy efficiency
      AP  -  539 words
    • Article, Illustration
      Lock icon US scientists want sky survey to track asteroids that may crash into Earth
      547 10 Reuter PEOPLE run as much risk of dying in an asteroid impact as in an air crash or a flood, two US scientists said in a maga/inc article. Writing in Nature, they said society must decide whether
      Reuter  -  547 words
  • Page 10 Advertisements
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      105 10 BML PRESENTS YUK I E NISHIMURA LIVE! JAPAN'S MOST SUCCESSFUL CONTEMPORARY PIANIST WITH HER LATEST ALBUM GRACEFUL IS NOW AVAILABLE AT ALL LEADING STORES Vy'T\ VENUE: WTC Auditorium DATE: 25th 26th Feb 1994 TIME: Bpm PRICES: $120 (limited), $100, $80 $50 Tickets are available at all SISTIC outlets: Forum The
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      Page 10 Advertisements Column 2
      10 10 Sunright to invest $12m in chip testing facilities. Pg 16
      10 words
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  • THE LAW PAGE
    • Article
      Evidence of sale contract found in note
      799 11  -  Ramesh Divyanathan on a property deal that hinges on a note by an author who died after writing it Ramesh Divyanathan IS A NOTE asking a solicitor to act in a property sale sufficient evidence of a contract of sale when the author
      799 words
    • Article
      Longer practice law course?
      394 11  -  AT THE BAR *ji By Ramesh Divyanathan THE compulsory fourmonth post-graduate course for aspiring lawyers might soon be extended to six months, according to the talk making the rounds. Currently, law graduates who wish to practise law must attend the four-month practice law course (PLC), pass
      394 words
    • Article
      Lock icon Selling services to seamen — with free condoms
      646 11  - Selling services to seamen with free condoms A Hawaiian law firm believes its calling cards are the most effective ever. David Margolick reports David Margolick NYT JAY Lawrence Friedheim and Joe Moss, a pair of admiralty lawyers in Honolulu. have never vied for the American Bar Association's annual "dignity in
      NYT  -  646 words
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  • Article
    Pyongyang must learn from Hanoi
    556 12 EDITORIAL NORTH KOREA managed to get ofT the hook this week. The United States had threatened to urge the United Nations Security Council to impose an oil embargo on the country if Pyongyang persisted with its refusal to open up its nuclear sites for inspection.
    556 words
  • WHAT THE OTHERS SAY
    • Article
      Ethnic issue a big danger
      257 12 THE North Atlantic Treaty Organisation is wary of extending membership to the Central European states for fear of antagonising Russia, especially after the elections last month that showed disturbing gains for the ultra-nationalists. But Nato is likely to be galvanised into embracing Poland, Hungary and
      257 words
    • Article
      Unsettled Afghanistan
      195 12 EVER SINCE the withdrawal of Russian troops from Afghanistan and the fall of communist power that led to the break-up of the Soviet Union and the Eastern Bloc, Kabul has been in a quagmire. Its so-called independent struggle from the Soviet occupation has led to unending miseries. Although
      195 words
    • Article
      China's unified exchange rate
      199 12 ON JAN 1, China unified the Chinese yuan exchange rate. The move is to prepare the Chinese yuan to become a convertible foreign exchange and also to pave the way for its return to Gatt. The change is essential and reflects China's determination to internationalise. However,
      199 words
    • Article
      Room for improvement
      211 12 DESPITE THE drive for a dynamic economy. Deputy International Trade and Industry Minister Chua Jui Mcng said on Sunday that Malaysians have managed to retain our Asian tradition of compassion and humanity, gauging from the efforts of two groups who had organised a "Hari Muhibbah-Christmas" for more
      211 words
    • Article
      A lesson from Mexico
      181 12 IN THIS modern world, a peasant uprising is usually regarded as a matter of history, something that belongs to the past. Hence, the news that bands of armed peasants declared war on the Mexican government last Saturday has really taken us by surprise. The Zapatistas reportedly
      181 words
  • Article, Illustration
    Lock icon Great expectations for global mutual funds
    900 12  -  Investor interest in international mutual funds is immense. Leslie Wayne reports Leslie Wayne NYT INTERNATIONAL mutual funds, which set the pace among mutual funds last year, are expected to continue their strong performance in 1994. Fuelling the trend is a growing awareness among Americans
    NYT  -  900 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      329 12 THE WINNING EDGE IN-DEPTH 55*7 BUSINESS /if 1 m NEWS JT the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any other publication. Some may call it an unfair advantage. We at Singapore Business call it the
      329 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      106 12 T T W ej?e p«e F'FTy Pdzes I Ger Tt> Be f pcxcci g -ncceT noR J T H e FIR& T IS A OGM?OT£. J CL€RX »N THe BuytMGJ /Si £*70^7 -H-Jlf OJk §L* ceR-TMNLN/.M'Ss /PPTY Prizes S§9t UXPH- pyge rue THe LfrST c^~ T DOONESBURY GARRY TRUDEAU AND
      106 words
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  • ANALYSIS
    • Article, Illustration
      Walls come down in science and technology
      2383 13  -  Song Jian is the chairman of China's State Science and Technology Commission, which is in charge oflaying the groundwork for the modernisation of the country. In an exclusive interview with Peter Seidlitz, he predicts that China could be a world leader in many
      2,383 words
    • Article
      Head of super ministry is leading rocket specialist
      256 13 AS CHAIRMAN of the State Science and Technology Commission. Song Jian, 62, is in charge of one of the nine "super ministries" which make up the State Council. After Prime Minister Li Peng and Vice-Premier Zhu Rongji, and in addition to state
      256 words
    • Article
      Lock icon The reality of rapid urbanisation
      819 13  -  Carter Brandon and Ramesh Ramankutty examine the problem of increasing pollution in Asia Carter Brandon,Ramesh Ramankutty The writers, economists in the Asia Technical Department of the World Bank, recently prepared a Hank discussion paper entitled "Toward an environmental strategy for Asia IHT RAPID urbanisation is
      IHT  -  819 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      411 13 I L T ATTENTION ALL EXECUTIVES 7 lIIKOPt SEVERAL PEOPLE DIED AND A FEW OTHBfcS BUNDED WHEN THEY CONSUMED A CONTAMINATED BRAND OF COOKING OIL THE CONTAMINATION OF A BABY PRODUCT AND AN ACCIDENTAL CONTAMINATION OF MINERAL WATER CAUSED A DRASTIC DECREASE IN TERM OF SAi£S WHICH ARE BEING FELT
      411 words
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  • Article
    Lock icon China rebuffs US summons to textile talks
    511 14 Bloomberg Business News, AFP. AP WASHINGTON China has apparently rebuffed a US summons to immediate talks on redueing its enormous textile and apparel shipments, a sensitive dispute that is chilling political relations between the two countries. US trade officials had sought negotiations in
    Bloomberg Business News,; AFP.; AP  -  511 words
  • Article
    Lock icon Japan plans to embrace EAEC proposal
    449 14 AFP TOKYO Japan plans to embrace Malaysia's proposal for an East Asian Economic Caucus (EAEC) in a reversal of its previous cautious stance towards the idea. The Asahi Shimbun yesterday quoted unidentified government sources as saying that Japan had decided to "commit itself' to
    AFP  -  449 words
  • Article, Illustration
    Lock icon Hosokawa accused of bribing his way into provincial governorship
    292 14 AFP TOKYO Japan's Prime Minister Morihiro Hosokawa was accused in Parliament yesterday of having used a loan from a scandal-hit trucking firm to bribe his, way into a provincial governorship in 1983. a press report said. Communist lawmaker Masaharu Udo told
    AFP  -  292 words
  • Article
    Lock icon Germany's 3.7m jobless figure is highest since 1933
    306 14 Reuter BONN Germany's federal labour office yesterday said the number of unemployed rose to 3.688.900 in December, the highest figure since 1933. It said unemployment rose to 8.1 per cent in December from 7.8 per cent the previous month in west Germany
    Reuter  -  306 words
  • Article
    Lock icon Aussie navy, army helping to fight bushfires
    280 14 Reuter SYDNEY The Australian navy and army were called in yesterday to help fight more than 100 out-of-eontrol bushfires in New South Wales that have killed three people, destroyed homes and forced the evacuation of hundreds. Bushfires claimed a third victim yesterday when
    Reuter  -  280 words
  • Article, Illustration
    Public v private sector participation in infrastructure
    711 14  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent SOONER or later, someone is going to have to re-invent the public sector. It is easier to utter such heresy now than it was 10 years ago. when privatisation was
    711 words
  • Article
    Lock icon US factory orders up 1.4pc to new record
    194 14 Bloomberg Business News AFP WASHINGTON Factory orders advanced 1.4 per ccnt in November to the highest level ever, led by strong demand for vehicles, the United States government said yesterday. The increase the fourth in a row and largest since June underscores
    Bloomberg Business News; AFP  -  194 words
  • Article
    Lock icon N Koreans meet IAEA on nuclear issue
    194 14 AP WASHINGTON North Korean officials seeking to end an impasse over inspections of their country's nuclear facilities met International Atomic Energy Agency (lAEA) officials yesterday but made no offers. An agency spokesman. David Kyd. said officials told the North Koreans that they wanted
    AP  -  194 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      395 14 {(:|)">;:_"[,<&}={+').!&"@(&`-{ Profit From Radio advertising a So you don't think you need radio advertising key factors that determine the success of RADIO COMMERCIALS Think again. using the radio to enhance advertising in OTHER MEDIA Consider how your competitors are profiting IMPO rtance of radio for total advertising from low unit
      395 words
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      Page 14 Advertisements Column 2
      11 14 China socks it to US in prison exports row, Pg 4
      11 words
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      Page 14 Advertisements Column 3
      31 14 KAISER KITCHEN SYSTEM No 2 luiong East St 21. IMM Bldg •ffVISO, Singapore 2260 Tel 5h3 2403 ilperung Hours Ham to Bpm daiiv Editorial: Pyongyang must learn from Hanoi. Pg 12
      31 words
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  • COMPANIES & MARKETS
    • Article
      YHS to gain $104m from property revaluation
      395 15  -  By Quak Hiang Whai SINGAPORE As a prelude to a restructuring of Yeo Hiap Seng Ltd, a revaluation of its flagship properties in Singapore has yielded a net gain of $104.2 million. The revaluation will raise the group's net tangible asset per share
      395 words
    • Article, Illustration
      S'pore Airlines will see low yields even after slowdown stops: MD
      471 15 SINGAPORE Singapore Airlines will have to live with low yields even after the present slowdown is over, said managing director Cheong Choong Kong. "I fear the secular trend of falling yields will continue," Dr Cheong said in his New
      471 words
    • Article
      Ssangyong Cement focuses on region
      297 15  -  By Abdul Hadhi SINGAPORE Ssangyong Cement is looking to the region and the local replacement market for growth. Managing director Tan Cheng Gay told analysts yesterday that overseas sales had been a substantial factor in revenue since 1988. Demand had been growing in Malaysia, Indonesia,
      297 words
    • Article
      Is Pacific Can on the verge of a major corporate acquisition?
      722 15  -  HOCK LOCK SIEW By William Chia SINGAPORE It is not surprising that the market is awash with rumours of an impending major corporate acquisition by diversified can maker Pacific Can Investment Holdings Ltd. How else could one explain the
      722 words
    • Article
      Van Der Horst places 8.6m new shares at $8.10 each
      440 15  -  By Teh Hooi Ling SINGAPORE Engineering and power installation company Van Der Horst (VDH) placed 8.653 million new Si ordinary shares with stockbroking firm Kay Hian James Capel at SB.lO each >csterda>. The new shares, representing 10 per cent of
      440 words
    • Article
      Singatronics to issue 16.8 million more shares to raise fresh cash
      261 15  -  By Joseph Rajendran SINGAPORE Contract electronics manufacturer Singatronics is raising capital through the issue of new shares. The company informed the Stock Exchange of Singapore yesterday that stockbrokers Vickers Ballas Co had subscribed for 16.8 million shares at 51.33
      261 words
    • Article, Illustration
      Lock icon SUMMARY
      350 15 Source: Bridge Info Performance of STII's Index stocks Jan 5 l.ast Sens* Index Stuck vale Chge factor moters <S> N Vimo 2.420 -0.050 146 I 84 C&C 8 900 0.100 5 37 -3.68 CWT 3 180 -0.120 1.92 4 41 Cerebos 7 800 -0 200 4 71 7.35 FAN
      Source: Bridge Info  -  350 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon NSTP profit improves marginally
          118 16 Bernama KUALA LUMPUR The Now Straits Times Press (M) Bhd reported a group pre-tax profit of M 592.16 million (5556.22 million) for the year ended Aug 31. 1993, up slightly from the previous year's results. It said in its unaudited results released yesterday that despite an
          Bernama  -  118 words
        • Article
          Lock icon B Industrial sells B Leisure shares
          75 16 Bernama KUALA LUMPUR Berjaya Industrial Bhd. through its whol-ly-owned subsidiary. Vestmac Enterprise Sdn Bhd. has sold 28.5 million shares in Berjaya Leisure Bhd for an extraordinary gain of M 541.5 million (5525.3 million). A Berjaya Industrial statement yesterday said the disposal, representing 6.94 per
          Bernama  -  75 words
        • Article
          Lock icon CASH to sell stake in Zarib Kompleks
          60 16 Bernama KUALA LUMPUR Construction and Supplies House Bhd has proposed to dispose of the entire interest of 2.22 million shares in Zarib Kompleks Sdn Bhd for M 52.43 million (551.48 million) cash. It said an agreement with Malay Rubber Plantation (Malaysia) Sdn Bhd
          Bernama  -  60 words
        • Article
          Pan Pacific directors sell shares
          103 16 SINGAPORE Pan Pacific Publications yesterday said its two directors. Seow Kui Lim and Mdm Goh foh Khiow. no longer have interest in the 6.97 million Pan Pacific shares held by Seow Brothers Investment Pte Ltd. This is because Mr Seow, his wife Mdm Goh and
          103 words
        • Article
          Wywy chief on Orchard Parade board
          36 16 SINGAPORE Orchard Parade Holdings Ltd said yesterday that it has appointed Wong Yip Yan. founder and chairman of the homegrown Wywy group, as director of the company from Jan 3.
          36 words
        • Article
          Bonvests sells unit's business, assets
          43 16 SINGAPORE Bonvests Holdings Ltd has sold the business and assets of its subsidiary. Training Systems International Pte Ltd (TSIPL). to its joint-venture partner Mary McGlinchey. Bonvests has in turn bought Ms McGlinchcv's 49 per cent stake in TSIPL.
          43 words
        • Article
          Rothmans Ind director retires
          55 16 SINGAPORE Rothmans Industries Ltd said Tan Joon Say has retired as a director of the company, while Daniel Prins has resigned from the board and as a member of the audit committee. John Walter Webb has been appointed director in place of Mr Prins. The changes
          55 words
        • Article
          Vickers Ballas raises stake
          33 16 SINGAPORE Vickers Ballas Holdings Ltd said it paid HKS242 million (SSSO million) to increase its shareholding in Vickers Ballas Hongkong Ltd by 48.4 million shares to 48.6 million shares.
          33 words
        • Article
          L&M Group director resigns
          22 16 SINGAPORE Wilson Ng resigned as director of L&M Group Investments Ltd on Dec 31, the company said yesterday.
          22 words
      • Article
        Lock icon MCB's proposed bond issue given top long-term rating
        275 16 Bernama KUALA LUMPUR MCB Holdings Bhd's proposed issue of MSSS million (5533.5 million) guaranteed unsecured bonds has been accorded the top long-term rating of AAA(bg) by the Rating Agency Malaysia Bhd (RAM). RAM yesterday said the rating indicated the proposed issue had
        Bernama  -  275 words
      • Article, Illustration
        Sunright to invest $12m in chip testing facilities
        350 16  -  By Schutz Lee SINGAPORE Main board aspirant Sunright Pte Ltd said it will spend $12 million over the next two years on facilities to test semiconductors. The homegrown company, and a leader in the "burn-in" heat treatment of semiconductors, received in-principle approval
        350 words
      • Article
        Bayview buys another Melbourne hotel for A$7.5m
        370 16  -  By A J Leow SINGAPORE The Bayview international hotel group, which has slowly built up a string of hotels in the region over the past three years, is starting off the New Year with yet another new acquisition. The company snapped up the
        370 words
      • Article
        Lock icon John Master diversifies into property, proposes bond issue
        483 16 Bernama KUALA LUMPUR Menswear retailer John Master Industries Berhad has acquired a 47.75 per cent stake in property developer Kajang Heights Sdn Bhd. an 87.5 per cent interest in children's apparel manufacturer Reber Sdn Bhd, 26.7 ha of land and a factory.
        Bernama  -  483 words
      • Article
        Lock icon Parent company of mattress maker to expand list of businesses
        265 16 Bernama KUALA LUMPUR Sumurwang Sdn Bhd. the parent company of Kanzen Bhd. plans to add finance and property development to its core business. It has allocated about MS3OO million (SSIB9 million) for such investments. Sumurwang executive chairman Lim Kim Hong
        Bernama  -  265 words
      • Article
        Lock icon Investors warned against putting money into loan stocks indiscriminately
        601 16 MARKET WATCH Bernama KUALA LUMPUR Interest in loan stocks listed on the Kuala Lumpur Stock Exchange has sharpened of late but analysts say investors should be wary of what securities they invest in. One analyst said many investors went into loan
        Bernama  -  601 words
      • Article
        Creative resolves trademark dispute with Covox
        172 16  -  By Joseph Rajendran SINGAPORE Creative Technology has settled a dispute with Covox over rights to the "Sound Blaster" trademark. Creative started court action against Oregon-based Covox last year after a tussle over who had rights to the trademark. It alleged that Covox used its
        172 words
      • Article
        Information technology group Sinobrit to raise its registered capital
        363 16 BANGKOK Information technology group Sinobrit Ltd will raise its registered capital to 200 million baht (5512.5 million) in the current half of this year from 15 million baht, reported The Nation. The Holt family, which holds 80 per cent of the
        363 words
      • Article
        UNIT TRUSTS & FUNDS
        538 16 UNIT TRUSTS FUNDS M«uc«<V price* <$) Jan 6 t mbond 103 1055*d <■: Ii-u T a United Gr Fund' 1.75 I 82*d unfl irusi I nited \sia Fund 2.15 2 25*d« The ommcm 193 2.03 NTUC lltCOMC The Savings Fund 1.77 1.86 j«i <ni Spore Prog Fund 0 77 0
        538 words
      • Article
        DIVIDENDS ANNOUNCED
        421 16 Payment Ex Books Pay (S) dale close date AISB 50" b 5 Dcc 31 Jan 14 Jan 21 Amal Steel 50* b 14 Dcc 2 Dcc 16 Jan 15 Antah Hldgs 50* b 6 Dcc 9 Dcc 23 Jan 17 Asia Pacific F I8N Feb 9 Feb 15
        421 words
      • Article
        Lock icon South Asian stocks expected to post strong gains this year
        526 18 Reuter BOMBAY South Asian stocks, buoyed by the global movement of capital into emerging markets, are expected to post strong gains in early 1994 on the back of sharp rises over the past few months, analysts said. From Karachi to
        Reuter  -  526 words
      • COMPANY BRIEFS
        • Article
          Lock icon TVB shares up sharply in HK
          68 18 Reuter HONGKONG Shares in Hongkong's Television Broadcasts Ltd jumped sharply yesterday, partly in speculation that major shareholders are considering selling part of their stake. Brokers reported heavy institutional buying in the stock, pushing it up HK$3 to HKS3S. One broker said the stock had
          Reuter  -  68 words
        • Article
          Lock icon Paliburg to buy Daqing stake
          87 18 Bloomberg Business News HONGKONG Investment company Paliburg International Group said it had reached a preliminary agreement to buy a 50 per cent stake in Daqing (Lin Yuan) Petrochemical in China for 300 million yuan (5554.8 million). It will buy the stake from China-controlled Daqing Qingda
          Bloomberg Business News  -  87 words
        • Article
          Lock icon KMB to pay special cash bonus
          79 18 Reuter HONGKONG Kowloon Motor Bus Co Ltd said it would pay a HKS2.6B per share special cash bonus after it made an exceptional profit of HKSI.22 billion on the sale of two sites in Kowloon. Managing director John Chan said on Tuesday that most
          Reuter  -  79 words
      • Article
        Lock icon China-led group to take control of HK's Emperor
        266 18 Bloomberg Business News HONGKONG A China-led group will buy a 70.9 per cent stake in Hongkong-listed investment and real estate company Emperor (China Concepts) Investment for HK5987.6 million (SS2O6 million), the firms said yesterday. The consortium, which includes conglomerate Cheung Kong (Holdings),
        Bloomberg Business News  -  266 words
      • Article, Illustration
        Lock icon Taiwan curbs foreign funds as bourse soars
        531 18 Reuter TAIPEI Taiwan's stock market soared 5.7 per cent yesterday in its biggest bull run in years, but the central bank has begun restricting inflows of foreign investment to curb the strength of the Taiwan dollar, fund managers say. They say the central
        Reuter  -  531 words
      • Article
        Lock icon Baby Bells sound alarm over MCI's plan
        220 18 Bloomberg Business News WASHINGTON Regional Bell operating companies have condemned MCI Communications Corp's plan to bypass their local telephone exchanges. pushing regulators to respond by giving them permission to invade MCl's turf. MCl's plan to build a US$2 billion (553.2 billion) fibreoptic network
        Bloomberg Business News  -  220 words
      • Article
        Lock icon Samsung Securities plans 38b won rights issue in March
        272 18 Reuter SEOUL Samsung Securities Co Ltd, an arm of one of South Korea s giant conglomerates. is planning a rights issue which it hopes will establish it as one of the country's leading international brokerages. "Come two to three years, we
        Reuter  -  272 words
      • Article
        Lock icon Ajinomoto rises on word of anti-Aids drug project
        200 18 AP TOKYO Shares of Ajinomoto Co. Japan's largest food processor, soared in heavy trading yesterday on word that the company was developing an anti-Aids drug, traders said. Ajinomoto stock closed at 1.340 yen (SSI9). up 140 yen from Tuesday, after being up
        AP  -  200 words
      • Article
        Lock icon Sanyo to team up with 3DO in home multi-media market
        190 18 AP TOKYO Consumer electronics maker Sanyo Electric plans to team up with 3DO of the US to enter the home mul-ti-media market. A Sanyo official said yesterday the company would develop a machine for home use that ran software stored
        AP  -  190 words
      • Article
        Lock icon Nichii to develop properties with banks
        203 18 AFP TOKYO Japanese supermarket chain Nichii Co Ltd has set up property ventures with three major banks to develop regional shopping centres held as collateral against bad loans, a spokesman said yesterday. The spokesman said the Osaka-based company, the fifth-largest operator of supermarkets in
        AFP  -  203 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Foreigners bask in ringgit windfall after induced tumble
        592 19 Offshore banks now buying up local money market instruments Reuter KUALA LUMPUR The Malaysian ringgit has staged a strong comeback from last week's central bank-induced tumble and offshore banks who bought the currency cheap are now buying up local money market instruments,
        Reuter; Source: Tele Trac  -  592 words
      • Article
        Lock icon China won't open gold market to foreigners
        279 19 Kyodo-Bernama, UPI HONGKONG China has no intention of opening up its gold market to foreign participation for the time being, a Beijing-funded news agency reported yesterday. Beijing will also continue to place a strict limit on gold imports and exports despite plans to
        Kyodo-Bernama,; UPI  -  279 words
      • SMALL CHANGE
        • Article
          Lock icon Viet business insurance freed up
          81 19 Bernama HANOI Foreign companies arc now allowed to provide business insurance in Vietnam under a state decree on Jan 1, it was reported yesterday. For this, a foreign branch company or a wholly foreign-owned company must have a capital of USSS million (557.95 million), said
          Bernama  -  81 words
        • Article
          Lock icon Bank considers secondary listing
          88 19 Bloomberg Business News HONGKONG Bank of East Asia, one of Hongkong's largest listed banks, has made an initial investigation into a secondary listing of its shares on the Shanghai stock exchange. But it told the Hong Kong Stock Exchange its board had made no final decision.
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Commerzbank rights terms out soon
          62 19 Bloomberg Business News FRANKFURT One of Germany's largest international banks. Commerzbank AG, said it will announce terms for a rights offering soon. "We have already said it would be at the beginning of the year," spokesman Christian Franck said. However, he could not confirm market
          Bloomberg Business News  -  62 words
        • Article
          Lock icon Kleinwort links up with Tata
          42 19 Bloomberg Business News LONDON Klcinwort Benson Group pic, the UK merchant bank, is linking up with Tata Group. India's largest private sector conglomerate, to start a new fund management company, the Financial Times reported. Bloomberg Business News
          Bloomberg Business News  -  42 words
      • Article
        Lock icon Big Five Thai bank raises US$130m loan
        167 19 Bloomberg Business News HONGKONG First Bangkok City Bank, one of Thailand's top five commercial banks, has raised USSI3O million (SS2O9 million) in a fiveyear loan from a group of 31 banks. An official at Standard Chartered Asia Ltd. one of eight joint arrangers
        Bloomberg Business News  -  167 words
      • Article, Illustration
        No savings deposits at 5 DBS Bank branches
        272 19  -  By Quak Hiang Whai SINGAPORE Not every Singapore banking branch accepts savings deposits these days. Recently, a customer with spare cash to park walked into a DBS Bank branch at the Bishan Junction 8 complex to open a savings account and was
        272 words
      • Article
        Lock icon Viet State Bank eases restrictions on joint stock commercial banks
        167 19 AFP HANOI The State Bank of Vietnam is planning to ease certain restrictions on joint stock commercial banks, the Saigon Newsreader said yesterday. The regulations which are being worked out by the bank stipulate that these banks may mobilise funds
        AFP  -  167 words
      • Article
        Lock icon Bank of America settles UK claim
        162 19 FT LONDON Bank of America yesterday became the first financial institution to settle claims stemming from the theft of more than £440 million (551.05 billion) from pension schemes controlled by the late Robert Maxwell, raising expectations that others will follow. The bank said it
        FT  -  162 words
      • Article
        Lock icon Chemical hangs on to global loan top slot
        140 19 Reuter LONDON Chemical Bank kept its position as top arranger of global syndicated loans in 1993, but its share of the US market the world's biggest fell to 11.2 per cent from 13, Euromoney magazine said. Chemical Bank's main rivals. JP Morgan
        Reuter  -  140 words
      • Article
        Lock icon Investors snap up Aussie dollars amid buoyant trade figures
        464 19 AFP SYDNEY International investors snapped up Australian dollars yesterday as buoyant trade figures added to a picture of strengthening economic recovery in 1994. economists said here yesterday. The Australian dollar spiked up to 68.63 US cents from 68.53 as markets reacted
        AFP  -  464 words
      • Article
        Lock icon Thai central bank to raise capital requirements
        332 19 Bloomberg Business News BANGKOK The Bank of Thailand, the country's central bank, will impose stricter capital requirements for commercial banks from April I. The new rules require commercial banks to maintain a minimum capital-fund-to-nsk-asset ratio of 7.5 per cent, up from the current
        Bloomberg Business News  -  332 words
      • Article
        Panin Bank signs loan deal with consortium of 17
        189 19  -  By Shiv Taneja SINGAPORE Jakarta Stock Exchange-listed PT Pan Indonesia Bank (Panin Bank) has signed a USS32 million (SSSI million) revolving credit facility with a consortium of 17 hanks yesterday. The deal was struck at just over one per cent above
        189 words
      • Article
        Lock icon Mark will remain hard, says Bundesbank chief
        406 20 Bloomberg Business News FRANKFURT The deutschemark "will remain hard" in 1994, said Hans Tietmeyer, president of the Deutsehe Bundesbank. Asked whether the German curreney might climb this year, he said: "I think the mark will remain hard." The central banker made his comments
        Bloomberg Business News  -  406 words
      • Article
        Lock icon Robust sterling stokes hopes of British rate cut
        480 20 Reuter LONDON Sterling's muscle on foreign exchange markets will stoke hopes of a near-term cut in British base rates, particularly if the Bundesbank decides to trim German interest rates this month, analysts say. They believe that UK authorities, fearful of losing export
        Reuter  -  480 words
      • Article, Illustration
        Lock icon Red Adair sells company to Global Industries
        356 20 UPI HOUSTON Legendary oil well firefighter Paul "Red" Adair has sold his Red Adair Co for an undisclosed amount to Global Industries Ltd of Lafayette, Louisiana. Mr Adair, 78, said he is retiring from daily operations of the company but the name and
        UPI  -  356 words
      • Article
        Lock icon US economic recovery lifts steel imports from Europe
        267 20 FT WASHINGTON American steel companies, buoyed by the economic recovery, have been importing large amounts of European steel to meet rising demand from the motor industry and other prospering sectors. With the bulk of the US industry's anti-dumping and countervailing duty cases
        FT  -  267 words
      • Article
        Lock icon Nymex hits annual volume records
        244 20 Reuter NEW YORK The New York Mercantile Exchange (Nymex), helped by its new overnight trading system Access, hit an annual volume record in 1993 for contracts traded, the 13th time in the last 14 years a record was set. Nymex said in a statement that
        Reuter  -  244 words
      • Article
        Lock icon Global oil exploration and output seen rising this year
        452 20 Reuter HOUSTON Worldwide exploration and production for crude oil and natural gas will show a modest rise of about 4.1 per cent this year, Salomon Brothers said. As in 1993. US and Canadian expenditures will "increase strongly" while international expenditures "may
        Reuter  -  452 words
      • Article
        Lock icon Weak yen good for Japanese economy: govt official
        202 20 Reuter TOKYO The yen's current weakness is favourable for the Japanese economy, as long as it docs not have a negative effect on the stock market, a Japanese monetary source said. The Japanese government has no single view on the most desirable
        Reuter  -  202 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        169 20 THE USS moved higher yesterday led by the USS/yen on the back of comments that the USS/yen at 120 yen would be good for Japanese companies. The USS/SS market saw demand for SS in the morning's trade. Activity was seen as SS was purchased in
        169 words
      • Article
        Lock icon London
        198 20 Bloomberg Business News LONDON The dollar recovered in late trading here yesterday after skidding from nine-month highs against the yen amid speculation the US government may oppose further yen weakness. The yen rallied in Europe and the rise was accelerated after US Treasury Secretary Lloyd Bentsen said Japan shouldn't
        Bloomberg Business News  -  198 words
      • Article
        Lock icon Oil futures rise due to colder winter, refinery shutdowns
        186 20 ENERGY REPORT Bloomberg LONDON Oil futures prices surged in London and New York as demand for refined products in the US intensified because of winter storms and refinery shutdowns, brokers said. Prices are also lifted by speculation Opec might advance their
        Bloomberg  -  186 words
      • Article
        Lock icon New York
        86 20 AFP NEW YORK The dollar was mixed in active trading here early yesterday ahead of a speech bv Treasury Secretary LLoyd Bentsen. At about 9:20 am. the dollar was trading at 1.7380 German marks, up from 1.7352 late on Tuesday, and at 112.91 yen. up from 112.58. In
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1686 20 Trade-netghted index calculated against Spore's lop 14 trading partners Base year I9gf US$/S$ forward rates Noon Jan 5 SS Bid Oder 1-month 1.6023 1.6038 2-month ***** ***** 3-month 1.6030 1 6045 6-month 1 6039 1.6059 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m m Jm S: Singapore
        1,686 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen down sharply on heavy selling
        1333 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended sharply lower in active trade yesterday with investors selling ofT the contract in reaction to the decline of the yen against the dollar on Asian foreign exchange markets. March Euroyen settled at 98.18 against
        Reuter  -  1,333 words
      • Article
        Tin plunges 32 sen on strong selling
        615 21 COMMODITY REPORTS Fin MALAYSIAN tin fell further to close lower yesterday on liquidation and profit-taking prompted by LME falls overnight and the stronger ringgit against the US dollar. Traders said the metal ended 32 sen lower at MS 12.17 a kg. European and
        615 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          KL cash tin tumbles 32 sen
          92 21 KUALA LUMPUR The price of cash tin from smelters in Penang. northern Malaysia, tumbled 32 sen per kilogram to MS 12.17. Sources said the price decline came amid tepid demand from Europe and as the US dollar again weakened against the Malaysian currency. Escoy
          92 words
        • Article
          India to allow sale of more sugar
          90 21 NEW DELHI The Indian government will allow the sale of an additional 25.000 tonnes of white sugar in the domestic free market this month, the Times of India newspaper said yesterday. The government decided to release the additional quantity to control sugar prices.
          90 words
        • Article
          Aussie beef prices in Canada fall
          108 21 SYDNEY A surge in Australian manufacturing beef exports to Canada late last year has slowed, with importers now offering lower prices. The Australian Meat and Livestock Corporation said prices had fallen to 104.00 Canadian cents per pound CIF at the end of December from
          108 words
        • Article
          Sugar output hinges on rainfall
          62 21 SYDNEY The sugar crop in Australia's Queensland state could eclipse 1993-94 (July-June) output depending on whether there is sufficient rainfall this and next month. Early projections for the 1994-95 Queensland harvest, starting in about 6 months, range from 3.8 million to 4.3 million tonnes actual,
          62 words
      • Article
        COMMODITY PRICES
        1675 21 Rubber MS Caamatflty Exdumga (future* dasiag as at lpa) RSS 1 Cantract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 94 OOO 000 134 50 0 3.350 Mar 0 00 0 00 136 50 250 6.475 Apr 0.00 0.00 138 00 250 5.800 May
        1,675 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1179 22 19.1 Strong demand for resource stocks and a soaring futures market lifted the Australian Nhare market to yet another post-198 7 record yesterday, brokers said. "The market is firm and everyone wants in, especially in mining and gold." said one broker. The All Ordinaries index closed 19.1 points up
        1,179 words
      • Article
        Manila
        609 22 -77.2 Share prices closed lower for the first time since Philippine stock markets began record advances late last month, ushering in a long-awaited correction, brokers said. State-controlled Philippine National Bank led the decline as it dropped to 685 pesos from its record 720 on Tuesday. Manila plunged by 77.2
        609 words
      • Article
        Taipei
        577 22 +346.28 Taiwan's stock market began the new year by rocketing 5.7 per cent to a 42-month high in frantic trade, posting one of its biggest percentage gains in years. The weighted index jumped 346.28 points to end at 6.416.84. its highest finish since 6.523.32 on June 13. 1990. Turnover
        577 words
      • Article
        Seoul
        414 22 +9.63 Investors went on a buying spree in anticipation of a further bull run despite heavy sell-offs by three investment trust companies. brokers said. But they said the market would consolidate on the back ot selling pressure from the Korea Stock Market Stabilisation Fund and the three trusts which
        414 words
      • Article
        New Zealand
        299 22 +4.74 The share market started the year on a buoyant note, rising on good volume despite an eight cent fall in market leader Telecom. The NZSt-40 capital index finished the first session of the new year up 4.74 points at 2.192.80. while the smaller companies capital index rose
        299 words
      • Article
        Bombay
        46 22 -18.25 Bombay shares recovered from the day's depths but closed lower despite heavy buying by foreign investors and Indian financial institutions, brokers said. The Bombay Stock Exchange 30-share index closed at 3.460.77. down 18.25 points. The 100-share national index closed 16.68 points lower at 1.680.43.
        46 words
    • WORLD STOCK MARKETS
      • Article
        London
        792 22 -29.3 DESPITE a good start on Wall Street yesterday the UK market sank to its lowest point of the day in midafternoon trading as US confidence over an interest rate hike abated. The blue-chip Financial Times Stock Exchange 100sharc index closed at 3.379.2 points, down 29.3 points. The narrower
        792 words
      • Article
        Paris
        95 22 -24.79 French shares ended sharply lower yesterday as profittaking ahead of the Bundesbank's council meeting today gathered pace, dealers said. The CAC-40 index ended down 24.79 points, or 1.09 per cent, at 2,249.55. Volume was a hefty 6.03 billion francs. Paris Jan 5 Kr Alf-1 hjlihfc 00 00 \kalel
        95 words
      • Article
        Stockholm
        133 22 +0.33pc Swedish shares ended narrowly mixed with the OMX-indcx at a record closing high for the third day in row. An active bourse session ended at 1200 GMT before today's holiday and it will reopen at 0900 GMT tomorrow. Dealers said most gains were due to a lack of
        133 words
      • Article
        Frankfurt
        136 22 -20.17 German share priecs finish floor trade lower for second day running. The 30-share IMX index closed down 20.17 points at 2,233.41, but off intradav low of 2.229.25. Frankfurt Jan f DM Acs 1"4S> I M» BAST *>: 4 M) BMW 731 -2 SO Ba>rr W> J Ml 40
        136 words
      • Article
        Brussels
        175 22 +9.09 Accelerated Bel-20 index basket buying at the end of the session pushed the index of leading Belgian shares to a new record close. Traders said the undertone remained bullish and saw the index hitting the 1.5(H) level soon. However. they did not exclude some profit-taking today. the last
        175 words
      • Article
        Milan
        155 22 -153 Italian stocks closed lower. Political battles over the date of the next elections and fears interest rate cuts aren't coming soon spurred investors to take some profits ahead of the long holiday weekend, traders said. The blue-chip Mibtcl index slumped 153 points to 9,673. after falling 174 points
        155 words
      • Article
        Amsterdam
        295 22 1.51 Dutch shares closed mainly firmer as a late rebound restored some of the earlier gains which had almost been wiped out at one point by profit-taking. The 24-share AEX index closed 1.51 points or 0.36 per cent higher at 422.40 with winners leading losers by 14 to 10.
        295 words
      • Article
        Zurich
        262 22 7.61 Swiss shares ended firmer, but oft" earlier highs, after profit-taking accelerated in afternoon trading. The market reached another record closing however. thanks to industrials, which profited from hopes on an economic recovery, dealers said. Biggest gainers were again among cyclical shares. Sulzer, Cleorg Fischer and Ocrlikon Buehrlc rose
        262 words
      • Article
        Johannesburg
        298 22 -29 Overheated shares on the Johannesburg Stock Exchange cooled down on a softer gold price and profittaking after Tuesday's sharp gains. The gold index ended eight points down at 2.323 following its 8.2 per cent rise on Tuesday, while the industrial index lost 29 points to 5.688. The overall
        298 words
      • Article
        Toronto
        295 22 +8.71 Stocks extended Tuesday's record-sett ing performance with resource stocks and transportation issues spurring the market in early trading yesterday. The TSE 300 composite index climbed 8.71 points in early turnover of 21.73 million shares valued at CS 176.95 million. The gold and silver index continued to shine after
        295 words
      • Article
        New York
        777 22 -10.13 The Dow Jones industrial average was down 10.13 points to 3.773.77 at 11 am LS I" yesterday. The New York Stock Lxchange composite index was oft" 0.28 to 258.59. while S&P 500-stock index was down 0.80 to 466.09. Advances edged declines 910-863 among the 2.438 issues crossing
        777 words
      • Article
        Untitled
        574 22 Vienna Jan Wh MM J H.inIk \MNliMiri W» (MistamiJ IIM* 15 Mughalcn **l 11 Icn/ing II'* 4*# lotim Mori I) P I'» 4 Siubjd lit® I® VritM.hr i **»l II *-<® Source: Bank Austria Aktiengesellchaft Nasdaq Jan 4 t~S& +T VMph < l#»M 2rX \ppk-« .mipmcr 1 i«l 314* f
        574 words
    • Article, Illustration
      Lock icon HONGKONG
      3253 23 Reuter HONGKONG Share prices ended a volatile day lower, as profit-tak-ing snapped a string of four consecutive rises, brokers said. The blue chip Hang Seng Index closed down 33.16 points at 12.167.93 points, after trading in a 25()-point band. The market downtrend started on Tuesday afternoon after the index
      Reuter; Source: Bridge Info  -  3,253 words
    • Article, Illustration
      CHINA
      565 23 BOTH Shanghai and Shenzhen markets were marginally better yesterday. The CLSA Shanghai B index closed 9.34 points up at 1,142.26 in higher turnover. On its first day of trading. Friendship Store soared 80 per cent from its initial offer price with 21 per cent of its issued shares changing
      565 words
    • Article, Illustration
      Lock icon TOKYO
      2484 23 Reuter TOKYO Tokyo stocks closed firmer yesterday on steady buying by investment trusts in the absence of arbi-trage-linked selling, brokers said. Heavily traded high-tech and automobile firms' shares gained on the yen's weakness, helping improve sentiment. NEC rose 18 yen to 892 yen, Sony 220 yen to 5,840 yen,
      Reuter; Source: Bridge Info  -  2,484 words
    • Article, Illustration
      Lock icon BANGKOK
      1878 23 Reuter BANGKOK Thai stocks slid as investors took profits after the market's recent surge, but trade reached a record turnover with activities focusing on finance and banking shares, brokers said. The SET index lost 44.09 points, or 2.51 per cent, to close at 1,709.64 on turnover of 39.98 billion
      Reuter; Source: Bridge Info  -  1,878 words
    • Article, Illustration
      Lock icon JAKARTA
      1159 23 Reuter JAKARTA Share prices dosed higher in late trading as the index broke through the 600 barrier for the first time in nearly four years yesterday, brokers said. The official index rose 12.95 points to close at 612.89. Local players believe that the market will soon hit the record
      Reuter; Source: Bridge Info  -  1,159 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2759 24 Source: Bridge Info Source: Bridge Info Faber (iruup 3I.IIS.000 AMDB 50c 27.034.000 PronM 25.6SO.OOO Mclraptci SOc 23.261.000 Ptp Msu 22.227.000 Renonc Bhd SOc 2I.SS7.000 Johan HW*3 SOc 18.007.000 Kamunting SOc I2.93t.000 FACB 50c 12.405.000 Tail ("hong SOc 11.622.000 Sn Hanamas II.476.000 M«ropta TSR I0.3«l.000 IGB Corpn 50c >.999.000
      Source: Bridge Info  -  2,759 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Market eases on profit-taking in brisk trade
        5583 24 Bernama KUALA LUMPUR Share prices here closed easier in brisk trading yesterday as late profit-taking erased earlier gains, particularly among retail stocks. The Index of all main board shares shed 1.86 points to 392.56 but the Composite Index finished at a record 1,314.46,
        Bernama; Source: Bridge Info  -  5,583 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6974 25 IMAWBOAWO J»» 5 Cr Cr 1WV94 Last Val Day Last QMi Di» YW Nrt M Cif Hifh Low Coaipaay Sal* fWt) Higfc Low Bayer Seller CV P/E $«il INDUSTRIAL AND COMMERCIAL 1400 260 t Aetna 1260 80 450 1270 1210 1220 1260 12.5 2.1 10 54 5 868 5 480
        6,974 words
      • Article, Illustration
        Lock icon Overheated market takes a 40-point breather
        1694 26  -  By R Sivanithy SINGAPORE Share prices yesterday fell for the first time this year, in a correction described as "long overdue" by many observers. In active trading, the Straits Times Industrials Index dropped 39.91 points to 2,431.99, while the broader based BT-MGA fell 9.04
        Source: Bridge Info  -  1,694 words
      • Article, Illustration
        Pentex Schweizer Circuits
        149 26  -  By Paul Leo PENTEX Schweizer Circuits will head south towards $2.27 in the next few weeks, from yesterday's close of $2.80. Intermediate support is at $2.56. The stock broke out of a consolidation pattern in midDecember, rising to a high of $3.20 on Jan 3 but the
        149 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      186 15 Outstanding Investment, Outstanding Green Views... Tranquil, Elegant residential environment; Splendid Greens facing Elourea National Park and only a short walk to shops, schools, transport, etc The charm of country living with residential convenience. JpßwtSsx "fit/ T Architect designed luxury townhouses comprising 3 large bedrooms, master with j walk-in robe ensuite.
      186 words
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      294 17 Gateway To The Future iUi. which way to the H iU c--' X y J M/ .dr il Ll I -I 1^ V 1 _J jmhh a 9|«p jf. Gateway To The f_ v Future k^ )2 An AST Presentation |p t The Marina Mandarin (La) Room) January 11 1994
      294 words
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      Page 18 Advertisements Column 1
      118 18 This advertisement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for debt securities. 6 January, 1994 NORD/LB Finance (Curasao) N.V DM1,000,000,000 6 per cent. Notes due 2004 Unconditionally and irrevocably guaranteed by Norddeutsche Landesbank Girozentrale Lehman Brothers Norddeutsche Landesbank Girozentrale
      118 words
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      398 19 l I Conference Objectives: H •To increase awareness of the responsibilities of directors; H •To generate discussion to agree on code of ethical behaviour, and H To deliberate on the positive contributions of directors. P How the Conference will benefit you: H The Conference will provide delegates with the opportunity
      398 words
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      Page 23 Advertisements Column 1
      126 23 Needing Nido: The Balding Issue Hair loss and male pattern baldness is becoming increasingly common in Singapore. Of the many methods available ranging from wigs and hair weaving to hair lotions, a revolutionary process has recently been introduced and brings hope to those who have tried all else. The Nido
      126 words
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      55 24 BAUME MERCIER Chronograph, automatic movement. GENEVE Satin-finished stainless steel. maitres horlogers depuis 1830 Water-resistant to 30 meters. Baame Merrier amd Service Ce*rt: Singapore *01-01 Mandarm Shopping Arcade, The Mandarin Sinfppure 333 Orchard Road Smffapore 0923 Td *****31 Malaysia: Shop la 4, Mezzanine Roor, Sbangn-la Hotel KL 11 Jalan Suhan bmad,
      55 words
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      77 25 SINGAPORE: THE HOUR GLASS Takashunava Shopping Centre Tel: *****20/1 Lucky j\ Plaza Tel: *****62/543 Scoits Tel: *****27/7198 Centrepoint Tel: *****98/ /9MM 603 Peninsula Plaza Tel: *****09/*****63 Raffles Tel: *****41/1169 World a Tif/ J/ Trade Centre Tel *****51 1007 (.hangi Airport Terminal 1 (West Wing) 7^ Tel *****60. Terminal 2 (South
      77 words
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      Page 25 Advertisements Column 2
      21 25 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. V Singapore* rn Business Times WtKMOm ASM
      21 words
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      326 26 THE COMPAMCS ACT, CHAPTER SO SECTION 290(2><8) MoncEQEWoiuriow FAirAPMVUIMUI* (IN MEMBERS'VOLUNTARY LIQUIDATION) At an Extraordtoary Qenaral Meeting of Famcap I Imeeanenti Pte Ltd haM at 8 Battery Road, #38-01, Singapore 0104 on the 31at day of December 1993, tha toiowtng (pedal reeoiuttone were dtiy paaaad: RESOLVED; 1. Thattha company be
      326 words
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      337 26 LOST SHARE/WARRANT CERTIFICATES The Mowing Shaie/Warrant Certificates/* together wtth the relevant signed transfer deeds have been reported lost or destroyed:ANA HOTELS SINGAPORE LIMITED No. of Shares/ Certificate No. In the nam* of Warrants *****9 Wang Poey Hong 1 x 1,000 FAR EAST LEVINGSTON SHIPBUILDING LIMITED ******/2 YongYinMin 2x 600 SEMBAWANG
      337 words
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      154 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF YUE SANG CHEONQ (SINGAPORE) PTE LTD (In Members' Voluntary Uou elation) NOTICE IS HEREBY GIVEN that pursuant to Section 309 of the Compenies Act. Cap. 50 the final general meeting of tie members of the abovenamed
      154 words
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      698 26 Binm^sni^s TOLL-FREE THI.. No 1-600-741-1883 FAX74I-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF E. F. LEE A BROTHERS REALTY (PTE) LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of E. F. Lee k Brothers Realty (Pte) Ltd convened and
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      324 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AMO IN THE MATTER OF SETELCO ELECTRONIC* COMPANY PTE LTD (IN LIQUIDATION) Extract of the Minute* of an Extraordinary Ganaral Meeting stgned by the Repraaantatiye of Holding Company relating to Proceedings of Sutoetdiary Company pursuant to Section 179(6) of the Companies
      324 words
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      Page 26 Advertisements Column 6
      663 26 BROKERS' STOCK PICKS in Personal Finance and Investment on Saturdays M THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND M THE MATTER OF KESTRVAL SINGAPORE PTE LTD (FORMERLY KNOWN AS BESTOBELL SMGAPORE PTE LTD) (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative
      663 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Bunker prices at Port Klang fall by US$3-US$6
      362 27 MBT KUALA LUMPUR Reflecting the weakening crude oil market, the bunker (ship fuel) prices have softened during the last two months, traders in Port Klang said yesterday. Brokers said bunker prices have eased between US$3 (554.80) and US$6 a tonne since November.
      MBT  -  362 words
    • Article
      Lock icon Position of shipping in Gatt: talks needed
      333 27 International Transport Journal NEW YORK Although legally part of the new General Agreement on Trade in Service (GATS), shipping is not after all included under the rules of the Uruguay round of Gatt. Further negotiations will be necessary to clarify the position. The
      International Transport Journal  -  333 words
    • Article
      Lock icon Far East demand expected to shore up freight rates
      310 27 Knight-Ridder NEW YORK Brokers were looking for better demand after the holiday lull, as a strong possibility emerged of some Far East buying. News continued to circulate in export circles that Japanese and Chinese grain buyers were active in the market.
      Knight-Ridder  -  310 words
    • Article
      Thai port authority went through rough patch
      339 27 BANGKOK The Port Authority of Thailand (PAT) sailed into a rough patch last year. According to a report on Tuesday in The Nation, several irregularities at the authority led to a breakdown of relations between Vice-Admiral Somnuk Debaval, the PAT director general, and
      339 words
    • Article
      Lock icon China's shipbuilders break into Japanese market
      169 27 AFP BEIJING China's shipbuilders have finally managed to grab a share of the market in Japan, a world leader in the industry, the China Daily said on Wednesday. According to the China State Shipbuilding Corp (CSSC), Chinese shipyards built a 52,000-dwt (deadweight tonne) oil
      AFP  -  169 words
    • Article, Illustration
      Lock icon One year after
      48 27 Reuter SUNBURGH, Scotland The remains of the Braer lying off Garths Ness in the Shetland Isles last December, nearly a year after the 86,000-ton tanker ran aground. The government faces new demands on Tuesday for stricter controls of tanker movements, including compulsory no-go zones. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Worldscale: a quick fix for tankers
      726 27 A look at the tanker industry's standard for calculating freight rates Scatrade Review NEW YORK Worldscale is the tanker industry's standard of reference for calculating freight rates, designed to make the fixing tankers quicker, easier and more flexible. But while it makes it easy
      Scatrade Review  -  726 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      827 27 Page Col ABC Containerize 12 I Accord Group 8 1-3 Ahrcnkicl Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Barbican Line 4
      827 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        793 28 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port SpeedJ A4193* POIA 0601/2100 0601/2200 A Kazer 12 93 115 16 alongside 0601/2359 Batam Speed3 ****** P01A 06 01/0700 06 01 0900 Brahman Eipress ***** 111 alongside 0601,0200 Balam SpeaX ****** P01A 05
        793 words
      • Article
        CONTAINER SCHEDULES
        1640 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rsits Ship Voy No Etb/Btr Period From To From Act Jade 1706 07/1100 2 06/1700 06/0669 06/0900 3 06/0700 06/1159 06/1400 4 06/1200 06/1459 06/1700 to Vmet 029A 08/0700 1
        1,640 words
    • Article
      THE SHIPPING GUIDE
      10599 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,599 words
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      SHIPPING AGENTS
      3032 41 A X h.BC C onuunerlinv NV: Bolsin Shpg Agencies Pie Ltd (SVManne Handling Sdn Bhd (PK/PN). Acrort Group: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Xhrenkiel Liner Service: Kim Shpg Trdg(S). Albntros Sea-Air Service: Frata Shpg Pte
      3,032 words
    • Article
      CONFERENCES & CONSORTIA
      298 41 CONFERENCES CONSORTIA Asia-Nertii America Carthsnd fate tenant (Far East/North hawk a, tuten Japaa): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line; Orient Overseas Container Line, Hapag-Lloyd. Trans-Pacific Westberad Rata AgrMMSt (North America/Far East): American President Lines; Sea-Land;
      298 words
    • Article
      COURIER SERVICES
      279 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Iravel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975 Citv-1 ink International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services
      279 words
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      AIR FORWARDERS
      1477 41 Abe* Express Freight Tel: 542-7171 Fa*: *****84. Actinic Forwarder Tel 225-1833. Fax: *****42. Actitair Singapore Tel: 542-7822 Fax: *****20. Aerolink Freight International Tel 545-8033 Fax: 5450)05. \erospeed Tel: 542-5911 Fax: *****18. Air C argo Novo F x press Tel: 542-5454 Fax: *****06. Air F-xpress International Tel 542-7666 Fax:
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    • Article
      PORT CONDITIONS
      2585 42 ALBANIA Duress: Two vessels in port, both discharging bulk wheat. I vessel in roads waiting to discharge* bagged rice. ARGENTINA Santa Fe: No vessels berthed, no vessels due; max draft 21 ft 1 in. Diamante: No vessels berthed, none in roads, no vessels due. max draft 21 ft
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      Lock icon SHIP SALES & TANKER RATES
      683 42 SHIP SALES TANKER RATES AFP DESPITE the expcctcd slowing down of activity during the festive season, there are a number of sales to report. Also inspections arc proceeding for a variety of units. On the dry side, the most interesting sales are a couple of panamax bulkers, the Sindia 69,000
      AFP  -  683 words
    • Article
      AIR FREIGHT SCHEDULE
      555 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight T\pe ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
      555 words
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      CRUISE & FERRY SCHEDULES
      543 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Aft Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No JANUARY 07 07 Sea Goddess 2 0700 2300 Bintan Sin Jardine Shpg Agencis 224-1052 Port Klang 07 07 Leisure World 1000 2015 Jakarta Sin Lauw Sons Travel 227-8284 Port Klang 07
      543 words
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      DAILY FREIGHTS
      392 43 A quiet start to the new year was noted by brokers, as reflected in the complete absence of grain chartering and only a smattering of actual business of any type whatsoever. Three shipments of bulk urea were reported fixed out of A 1 Ruwais and Jubail to India,
      392 words
    • Article
      TRANSPORT DIARY
      373 43 COURSES Title: Handling Transportation Of Dangerous Liquids (Refresher) Duration: Jan 6 Jun 16 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321 1707/321-1824/321-1825 or fax: 321-1416. Title: Handling Transportation Of Dangerous Liquids (SDF 70%) Duration: Jan 7 Jun 17 Organiser Port of Singapore Authority
      373 words
    • Article
      COCKETT BUNKER MARKET REPORT
      807 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      807 words
    • Article, Illustration
      Lock icon US lines don't care two hoots for subsidy plan
      1790 44  -  The 10-year US$l-billion subsidy scheme for the US merchant fleet is opposed by many qualified to benefit from it, reports Bruce Vail Bruce Vail American Shipper *W" "W- y ITH House pas- sage of the Clinton administration Wf Wf plan to
      American Shipper  -  1,790 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon TWA replaces chairman amid struggle to recoup
        494 46 NYT NEW YORK Trans World Airlines, which is struggling to find a stable flight path after emerging from bankruptcy protection in November, yesterday replaced its chairman who had been appointed only seven months ago. It replaced William Howard with Donald Craib Jr, a
        NYT  -  494 words
      • Article, Illustration
        Lock icon Storm forces US airlines to cancel flights
        253 46 Bloomberg Business News FORT WORTH, Texas The winter storm battering the north-eastern United States is taking its toll on the nation's airlines, which cancelled and re-routed flights around the country. American Airlines, a unit of AMR Corp, has cancelled more than 350 flights
        Bloomberg Business News; Reuter  -  253 words
      • Article
        Lock icon GM expects fleet sales to fall to 19pc in the US
        421 46 Bloomberg Business News DETROIT General Motors Corp expects sales of vehicles to fleets, including car rental agencies, will decline to about 19 per cent of its overall US sales in 1994 from 23 per cent in 1993. "We have
        Bloomberg Business News  -  421 words
      • Article
        Lock icon More airlines ban smoking on international flights
        429 46 AP NEW YORK Airlines arc curtailing smoking on more international flights the last refuge for flying smokers in hopes of attracting more nonsmoking passengers. Since last summer, airlines have been slowly adding to the number of smokeless international flights by prohibiting smoking on
        AP  -  429 words
      • Article
        Former Australian Airlines execs dominate at Qantas
        245 46 SINGAPORE Former top managers of domestic carrier Australian Airlines have taken the helm of the integrated airline created by the merger of Australian and international carrier Qantas. There were fears 15 months ago. when Qantas bought Australian. that managers at the domestic carrier
        245 words
      • LOG BOOK
        • Article
          Lock icon Indonesia to launch new aircraft
          125 46 AFP JAKARTA Indonesia will launch a prototype of the first Indonesian-made aircraft the N-250 in November, the Antara news agency said yesterday. Antara quoted Research and Technology Minister Bacharudin Habibie as saying that the 64seater commuter aircraft N-250 would be launched then. Mr Habibie, who
          AFP  -  125 words
        • Article, Illustration
          Lock icon A wheely top car
          30 46 Reuter DETROIT Journalists taking a closer look at the 1995 Porsche Cabriolet after its worldwide debut on Tuesday at the North American International Auto Show. Reuter
          Reuter  -  30 words
        • Article
          Lock icon United to expand Asia service
          107 46 AFP CHICAGO United Airlines will fly daily non-stop flights between Tokyo and both Beijing and Shanghai for the first time starting next month, parent company UAL Corp said on Tuesday. United, which is based in Chicago, began flights to China in 1986. Depending on the
          AFP  -  107 words
        • Article
          Lock icon Wind restrictions in NY harbour lifted
          80 46 Knight-Ridder NEW YORK Waterway restrictions in the New York harbour due to high winds have been lifted, a Coast Guard officer said. He said these restrictions from the port captain were ineffective when constant winds reached above 20 knots on Tuesday. At high-wind velocity,
          Knight-Ridder  -  80 words
      • Article
        Lock icon China air fares up 50pc
        184 46 Reuter BEIJING China has raised the price of air tickets by about 50 per cent to make up for losses caused by the effective devaluation of its currency on Jan 1, the official China Daily said on Wednesday. Passengers who still have the special foreigners'
        Reuter  -  184 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1700 46 City FW ETA ETD_ C*y FHX ET> Fl»t CTD Abu PbaM GA985 1420 Fufc—fca SQ969 1725 SQ990 0110 AddaMc QF81 1930 QF82 2050 Cwwri SRI 83 2140 SQ228 2035 SQ803 2045 SQ804 1145 SQ25 0635 Haaoi VN741 1315 VN740 1415 Amsterdam 6A975 1140 KL838 2320 KL837
        1,700 words
  • Page 27 Advertisements
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      3 27 Leadin 9 Lubricant
      3 words
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      50 27 THE FAMOUS <)P n o i (iWMIft/ ■imilgl* 224 1833 For more information please refer to Pg. 13 Thumbs down for US govt's subsidy plan for merchant fleet, Page 18 TWA replaces chairman, Back Page Lilies and services represented by ft"*"* ef Accredited For advertising enquiries, contact Shipping TwosTel 740-2089/740-2090
      50 words
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      490 28 TSKLJNE AGENCIES (S) PTE. LTD. /WflHgA r I 1 T Tel: 226-3363 HC3# 1 Fax: 226-1972/3 ijwrryw tu: rs ***** asksin. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS TO HOH6KOWG. HANIU. TAIWAN I JAPAN "TWICE WEEKLY" I |<WW 1 w> m" m* I I m m m
      490 words
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      1612 28 P*lgT TO Uf A Wl>T WfT (»?X-SrQf« CALjrOWA qO*MS) TQ MfDfngWANEAM (PIW4. C9WTAWCT SPTWCg) 1 jsm Wt MTM U im ia Ml mwiaN HK Iff IBM «or m >w» awim wmog' lawmT nsmsi»'| M-|nir MWT- mn«iui' caBTMM »sn AC* LUC 076S 111 291 I 311 2?32 I 17 12 7?
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      2280 29 TEpafflffFAPaSS?" BM,PP,MO AOENC,EB P^^ 3^L A W-^7^6^ 8, 5:*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) TEL. *****4 FAX. *****1 CFS TEL *****6 L EL:«S2,/ 3 ™70'A 3269 82 wEHi™°l.«l4 (OPNS, CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL: 07-*****0 FAX: 07-*****9 Qp NUMBER' **********0 C Dedicated to Quality Service 200 cantonment road,
      2,280 words
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      1878 29 ■BliWHiHitilM U. S. A. /CANADA NEXT AVAILABLE SAILINGS SL DEVELOPER V.198E ETA SIN 10TH JAN 94 MARIE MAERSK V.9402 ETA SIN 11TH JAN 94 MAERSK TACOMA V.9402 ETA SIN 12TH JAN 94 VMM Voy ETA ETD FwKr by DESTINATIONS This «««•> marie maersk V 9402 11/01 omo hrs CFS 10/01
      1,878 words
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      1653 30 AQABA R'DAM/I [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOPAH (VIA JEO) S TON H'BURG AWERP HAVRE WEST MALAYSIA DRESDEN EXPRESS 14/352 6/1 17/1 23/1 26/1 29/1 31/1 2/2 Pon KeUng. Penang KIRISHIMA 02/101 12/1 29/1 1/2 30/1 Paslr Gudang LUDWIGSHAFEN EXPRESS 11/301 15/1 24/1 30/1 2/2 5/2 7/2
      1,653 words
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      522 30 FCL Break bulk Serv ice to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tsshkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR a Poland FEEDER VESSEL ETA SIN BUNGA PELANGI V.2483 11/1 NED ASIA V.2493 18/1
      522 words
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      Page 30 Advertisements Column 3
      1094 30 I NORASTzT I NOR ASI A PRINCESS 9401-3 13/01 02/02 05/02 06/02 06/02 07/02 08/02 09/02 10/02 11/02 I I NORASI A SUN 9402-3 20/01 09/02 12/02 13/02 13/02 14/02 15/02 16/02 17/02 18/02 I I NORA SI A PEARL 9403-3 27/01 16/02 19/02 20/02 20/02 21/02 22/02 23/02 24/02
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      1922 31 W W STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 liHllflldM NEW GUINEA PACIFIC LINE (A SERVICE OF CHINA NAVIGATION CO) CARGO CKJt SAILS Pgßr STRAITS PRIOt V2SE KK. Sinn. Ia» 04-05 lan In Pt 07 lan FCL, LCL CONTAINER ANO
      1,922 words
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      2804 31 V SINGAPORE AGENT: *jL\ DfiiO oinavc P* o Containers (Singapore Agencies) Pte Ltd -j- 1 Cjl\. W jlllMl-a.l 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 WWw Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOV 'mo -PKO SM ALQ
      2,804 words
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      550 32 rr-rrz: EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MY ANWAR TRAPt PAQER hAHPPtWWt/BtRECT J W.LIAM WEE ?IW*» Mt/SWB MAMQJ W? CHI MNh CITY HE WRY HOE *****24 KELVIN CMAH *****S Htt7g/H?a« ►TO MYANMAR/YANGON SEMI COMTAIMER SERVICE M OCEANLINES «i/voY stok TBN 15/1 22/1 30/1
      550 words
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      Page 32 Advertisements Column 2
      844 32 HANJIN SHIPPING FIXED FORTNIGHTLY B DIRECT CALL TO RISBANE FROM JAN '94 DESTINATION TRANSIT TIME BRISBANE 10 DAYS SYDNEY 12 DAYS MELBOURNE 15 DAYS PS: PORT OF LOADING FROM SINGAPORE PLEASE CONTACT THE FOLLOWING PERSONS FOR ENQUIRIES BOOKINGS:— RICHARD CHIAM DID *****23 PGR *****90 FREDERICK PHUA DID *****29 PGR *****48
      844 words
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      Page 32 Advertisements Column 3
      1417 32 i _j-TTT^TTgTI^ Iru scr *sc wc uc pus wi oa net as rro lai chs oal htc uw tm rom nr we no ac m w I E GOME K Oil 5/1 7/1 U/l 12/1 14/1 17/1 11/1 21/1 21/1 23/1 22/1 J/2 10/2 11/2 19/2 1/1 2/3 3/3 4/3
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      2392 33 11 II 'OOCL HOPE 29W ETA SGP 08/01/94 II II II II ETA RDM 20/01/94 FLX 25/01/94, II BRE 27/01/94, leh 29/01/94 II H 0T HI -R2 Connecting California Saturn 62E In HKG 15/01/94 I EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA VESSEL
      2,392 words
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      Page 33 Advertisements Column 2
      1173 33 I O I MULTILINE SHIPPING PTE LTD U (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 AjSHM FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1655 34 44 AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CR No: **********0 M) TEL *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 W W IkT MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD Mm Wtm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL JKT *****08 N.
      1,655 words
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      1033 34 PHI LI-on It NT LINGS PT€ LTP 1 08 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER 0F THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 13 JAN SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 10 JAN AUCKLAND, WELLINGTON. LYTTLETON, NEW PLYMOUTH,
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      942 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSiSBSf 140 Cecil Street, #03-00 PIL Building, Singapore 0106. J I I—— K fl> CR NO **********0E I I VESSEL VOY SIN CMS JIB JED AQJ AOE HOD PZU ASA KOTA BERK AT BKTOOS 11/1 IS/1 22/1 28/1 20/1 24/1 26/12 28/12 KOTA MO
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      693 35 YtSSfIS WT STOKt HAABURG HOTTEHDAM ANTWERP 1 HOMES It HAAVt WLLE 01 I TWA 7731W 12JH 03 0; OS/8? 06 0? 07/0? M,O? WLt DE KSTA ***** 11/01 11/0? 13/0? 14/02 15/02 17)0? Vt.lt PC TITANA >***** 2t/01 11/02 20/02 21/0? 22/12 24/0? AOAM tmnmt 7132W 02/02 25/02 27/02 21/02
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      Page 35 Advertisements Column 3
      455 35 lAmi SHIPPING TEL: *****88 FAX: *****00 J DIRECT REGULAR SERVICE J J JAKARTA SURABAYA J ACCEPT CARGOES TO ALL OTHER INDONESIAN POSTS it WITH TRANSHIPMENT AT JAKARTA OR SURABAYA DESTMATVM ETA ETD VSI JAKARTA 11/1 12/1 P IAWA I 11/1 19/1 P SUMATERA I 24/1 25/1 P KALMANTAN 21/1 29/1
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      417 35 BSA A M MYANMA pHHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdg PAGAN V2O4W In Pi MPA AN VI99W 13/15 Jin AWA VI27W 20/23 ian PAGAN V2OSW 26/28 lan MAIArSIA AGUITS BOUSTIAD SHPPMG AGENCES KUL TIL 03-*****00 PKI TU 03 *****67 PEN TU
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      2594 38 OOCCS^ LUISLU SINGAPORE S GENERAL AGENTS IMAMS KENTS COSTAR SHIPPING PTE LTD Cl M mMTAINFR t£XZr°*-' SJm 1 /\llN Cl\ Cf vo ********** M Pt a 41 WC* WOr CCSW Cm« Cua Skipprng Mi BM MAIN LINE: 226 1900 X T TXTThC BOOKINGS: 226 1833 Pttm-Sl 3487 L 1 IN
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      601 39 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/1 ROTTERDAM 10/1 AARHUS/COPENHAGEN 1071 HAMBURG/BREMEN 10/1 MARSEILLE/FRANCE Wl FELIXSTOWE/UK 10/1 BARCELONA/SPAIN 1071 LEHAVRE/FRANCE 10/1 GENOA/ITALY W\ ANTWERP/BELGIUM 10/1 LOS ANGELES/WC/IPI 9/1 SYDNEY/MELBOURNE 7/1 NEW YORK/EC 9/1 FREMANTLE/ADELAIDE 7/1 VANCOUVER 12/1 BRISBANE
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      739 39 mwml MIII I I I VEBBgL ip I j VESSEL I VOY I 8m PEN I CHAIYA BHCIM 33S Fn 7/1 Tua_ 11/1 0E JA BMUM 4505 Fri 7/1 Sal t/1 KR VESSEL VOV SIN BKK BHATRA BHUM 11S Sat »/1 Wk 12/1 PERKASA 15N Fri 7/i~ Tua 11/1 H|
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      609 39 Guaranteed Sailings to-. BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS TEL: *****33 (12 Lineo) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lineo) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL ANO
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      1638 40 IkAfIMN CONTAINER LINES |SKS/\V Agent* MAC-NELS SPORE: *****22 (M UNCB) Uv v 'c/N nk tMHTSOMOU SOU (064) *****9 KUCHiNQ (062) *****3 PENANGt (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (81) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 7/1
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      188 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA CM ETA SnH POUT Ka/MC POMNG HUE MIX lb/1/94 to Pt loKfcnf lof Malt (SRI) KUVM HUDHU 2V 194 Drscharpni and loading tor Bombay DOLPHR 1/1/94 loadwf for Malf nOKBt SfDEME IS/1/94 loading for Mal« UMDM 1/1/94 loading For Mak moans
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      Page 40 Advertisements Column 3
      994 40 RS> THONG SOON UNES PTE LTD) 78 SHENTON WAY #10-01, SINGAPORE 0207 I TEL: 227-5088 FAX: 227-6011 I »—TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL wot S PORF DEST VESSEL VOT S PORE DEST EQUATOR GRACE 109/4E 10 JAN KUCHING EQUATOR 111 111/4E
      994 words
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      20 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. f Business Times WE KNOW ASIA
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      54 43 n ~~i f Eyaufeve Housekeeper -this yeHTT^ O I I wants is me. fcub I'll newer neglect I Any Job. Any Career. Available Any Day. Any Time, anywhere. The straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe wanbao Shin Min Daily News Berita Harian Berita
      54 words
  • Page 43 Miscellaneous
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      711 43 TODAY'S TIDES (height in metres) HO* 0000 0100 0200 0300 0400 0500 0600 0700 o*oo o*oo 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 10 1.3 1.7 2.2 2.5 2.7 2.6 2.4 2.0 1.6 L 2 1.0 1.0 1.0 1.3 1.6 1.9 27 22
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      435 44 _I_ VIGOUR PACIFIC LINES NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA F~ VIGOUR SINGAPORE 9402N 07/01/94 15/01/94 VIGOUR SINGAPORE 9402 AN 10/01 94 15/01/94 LOADING EVERY VIGOUR PACIFIC 9403N 14/01/94 22/01 94 FRIDAY AND MONDAY VIGOUR PACFIC 9403 AN 17/01/94 22/01/94 PORT KLAN6/PENANQ FULL CONTAINER SERVICE VESSEL VOYAGE
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      502 44 ©APPENSHIP (2\ HAMBURG V«V CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR FRUITION ANTWERP 23.11.93 SPORE 10/1 BKK 15/1 LORELEV PORT SAIO 29.12.93 SPORE 18/1 BKK 23/1 FORUM WIND PORT SAIO 1.1.94 SPORE 19/1 BKK 24/1 RIMBA MERANTI SPORE 19/1
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      302 44 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/01 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/ Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      Page 45 Advertisements Column 2
      468 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS rtSSU ¥91 V N R9C RR SIRI iMISMI 12 1/1 19/1 COSMIC MASTER »21 l« ft USTUM fflßl m hi Pt 111 OtlKl SRI »1« toPI l/l COSMIC PIOKER IM 27/1 29/1 milt 12) 27/1 29/1 OUNCE MOM 147
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      Page 45 Advertisements Column 3
      918 45 I VOY I SIN ETA/D LAX OAK CH 1 DAL HEM/COL IHOU 1 NYC NOR GEORGE WASHNCTON BR 75A 13 14/01 30/01 01/02 02/02 03/02 03/02 04/02 04/02 05/02 ALLIGATOR VICTORY 50A 20-21/01 06/02 OS/02 09/02 10/02 10/02 11/02 11/02 12/02 HENRY HUOSON BRPGE 72A 27-21/01 13/02 15/02 16/02 17/02
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