The Business Times, 6 January 1995

Total Pages: 46
1 46 The Business Times
  • 12 1 BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Friday January 6 1995 75'
    12 words
  • 2am LATEST
    • 69 1 Reuter NEW YORK Blue-chip stocks drifted lower at mid-ses-sion yesterday as Wall Street struggled with the uncertainty of what the first 100 days of the new Congress would bring. The Dow was off 6.05 points at 3,851.60 at 1 pm EST. In the broader market, advancing
      Reuter  -  69 words
    • 34 1 AFP COLOMBO Sri Lanka President Chandrika Kumaratunga yesterday signed a truce with the separatist Tamil Tiger guerillas, making way for a cessation of hostilities from Sunday, an official said. AFP
      AFP  -  34 words
  • 167 1 Sfacta market Indices Thursday Change ST1I 2,231.68 -12.46 KLSEComp 965.89 +8.08 Nikkei 19,616.11 -67.93 Hang Seng 7,916.69 +29.68 SET Index 1,373.85 +13.22 Jakvta Comp 477.82 +3.34 CLSA China B .......900.44 -4.58 Aust All Ord 1,869.5 -16.7 FTSE 100 3,032.3 -19.3 Thursday Previous 1pm EST ckiM Dow Jones 3,851.60
    167 words
  • 550 1  -  From Leslie Lopez in JAKARTA PRESIDENT Suharto yesterday presented an austere budget, which underlines the government's confidence that Indonesia's steady economy will remain on a firm growth path with continued increases in foreign investment and a better climate for the country's exports.
    550 words
  • 520 1  -  From Lim Soon Neo in HONGKONG PRICES of residential and office properties in Hongkong are expected to fall by between 10 and 15 per cent this year, according to Brooke Hillier Parker, international property consultants and chartered surveyors. And residential
    520 words
  • 369 1  -  By Quak Hiang Whai SINGAPORE Ng Teng Fong's Orchard Parade Holdings has announced plans for a share split a move the hotel and property group says will enhance the marketability and liquidity of its stock. OPH yesterday said it proposed
    369 words
  • 204 1 SINGAPORE Newly listed Jardine shares and warrants yesterday provided the only notable feature in the local stock market, on a day when most regional stock markets ended mixed. Despite a 19-point overnight rise in the Dow Jones Industrials Average, interest here was subdued
    Source: Bridge Info  -  204 words
  • 480 1  -  From Catherine Ong in CALCUTTA THE Singapore consortium building a technology park in Bangalore, India has clinched a deal to develop a $750 million international airport in the same city. The deal was confirmed by Karnataka Chief Minister H D
    480 words
  • 303 1 Reuter Bloomberg Business News TAIPEI Taiwan's cabinet yesterday approved an ambitious plan to turn the island into a regional centre to rival Hongkong and Singapore in the 21st century. The plan, to be implemented in stages over the next decade, restated
    Reuter; Bloomberg Business News  -  303 words
  • Page 1 Advertisements

  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 332 2  -  By Claire Leow THE semiconductor industry was the third-largest contributor to the electronics sector in 1994, says the Economic Development Board. Output of semiconductors grew 61.1 per cent to $8.25 billion fuelled by demand from makers of computers, telecommunications equipment, automotive and consumer products here and in
        Source: EDB  -  332 words
    • 404 2  -  By Teh Hooi Ling THREE women Claire Chiang, Lena Ng and Gan See Khem could break the 88year old male stranglehold on the council of the Chinese Chamber of Commerce and Industry. They are among 31 corporate and individual members nominated
      404 words
    • 440 2  -  By Corinne Kerh SINGAPORE Telecom yesterday signed a $9 million contract with a Mitsui-led consortium to supply the video-on-demand (VOD) system for Telecom's $20 million trial project. The consortium chosen over 16 others for its track record and the cost
      440 words
    • 464 2  -  Redas construction and property seminar Reports by Abdul Hadhi CONSTRUCTION demand in terms of projects awarded is expected to reach $12.1 billion this year, up 7 per cent from the estimated $11.3 billion for 1994. The forecast was made yesterday by the
      Photo by Arthur Lee  -  464 words
    • 294 2 PROPERTY investment sales totalled a record $7.S billion last year, says leading real estate agent Richard Ellis. Rival Jones Lang Wootton puts the figure at a more conservative $6.6 billion but that's still a record. Both figures are well ahead of the
      Source: CIDB  -  294 words
    • 188 2 DATA communications systems integrator Datacraft Asia yesterday announced it will acquire Netcorp Systems (S) Pte Ltd for $3.5 million. Netcorp Systems is a local-ly-owned computer networking company with expertise in wide-area networking. Set up in 1992, Netcorp installs, maintains and commissions wide-area networks for multinationals
      188 words
    • 138 2 THE Trade Development Board has appointed Nigel Yeung as regional director for West Asia. He will head the TDB's new offices in Madras, Bombay and Colombo. In all, the board has 26 overseas offices in the US, Europe and Asia that help local companies
      138 words
    • 462 2  -  PM Goh's visit to India Reports from Catherine Ong in CALCUTTA PROJECTS worth more than $200 million were signed yesterday by Singapore businessmen accompanying Prime Minister Goh Chok Tong on a mission to India, the Trade Development Board said. The largest involves the
      462 words
    • 253 2 CALCUTTA India and South-cast Asia will be drawn closer together in the coming years by the growing importance of regionalism and a growing interdependence of Asian economies. Professor Chan Heng Chce said yesterday. The director of Singapore's Institute of Southeast
      253 words
    • 471 2 CALCUTTA On the scale of what he is used to, it was surely a teeming mass that came out to gawk at Prime Minister Goh Chok Tong as his motorcade and a convoy of Calcuttan security guards made their way through the streets of
      471 words
  • Page 2 Advertisements

  • INDONESIAN BUDGET 1995/1996
    • 743 3  -  Reports by Leslie Lopez Maggie Ford in JAKARTA INDONESIA'S planners have won high marks for a cautious budget, which private economists and investment analysts say will help the country tackle rising inflation and a widening current account deficit. "It's a
      Source: Ministry of Finance  -  743 words
    • 400 3 BREAKING a long silence amid a raging public debate over Indonesia's trade tariff policies, President Suharto said yesterday that protection was sometimes needed to build strong national industries. "From upstream to downstream, our industries must be solidly connected to ensure competitiveness and self-reli-ance
      Reuter  -  400 words
    • 329 3 A MAJOR DRIVE to improve Indonesia's infrastructure, both through private and public sector spending, is reflected in the allocation of 10 trillion rupiah (556.6 billion) in the budget for transport, telecommunications and power generation. The largest chunk will be devoted to
      329 words
    • 324 3 MAJOR changes to the Indonesian tax system are expected to result in only minor increases in revenue from income tax while a big rise is expected in indirect tax receipts such as value-added tax. The tax changes, which cut corporate and income
      324 words
    • 571 3 INDONESIAN industrial exports jumped 14.5 per cent last year, a rate expected to improve this year as industrialised countries move out of recession. Ministry of Finance figures released with yesterday's budget show total exports for fiscal year 1994-95 are estimated at
      571 words
  • Page 3 Advertisements
    • 39 3 fc 4 w/f cy/r BUCHERER SWISS MADE a ,wi a j&HnU><ruCU> Available Exclusively at "-sr^rWatches of Sw*zwl**i at: #01-16 Scotts Shopping Centre Tel. 737 3708 #02-06 Wisma Atria Tel. 733 8204 #01-32/33 Forum The Shopping Mai Tel: 734 0928
      39 words

  • SOUTH-EAST ASIA
    • NOTE BOOK
      • 103 4 Reuter BANGKOK Saudi Arabia's charge d'affaires in Thailand said yesterday that he had abandoned plans to write a book about the theft of millions of dollars in jewellery from a Saudi palace five years ago. Mohammed Said Khoja said he was satisfied with 1 hai
        Reuter  -  103 words
      • 92 4 Reuter MANILA The Philippine Monetary Board has approved a big rise in the required capital of banks. Central Bank governor Gabriel Singson said yesterday. Expanded commercial banks or universal banks must increase their capital to 2.5 billion pesos (S$ 147.68 million), 66 per cent more
        Reuter  -  92 words
      • 96 4 Reuter MANILA The only son of late president Ferdinand Marcos yesterday said he would stand for the Philippine Senate in next May's elections as an opposition candidate. Ferdinand Marcos Jr told reporters he would be a candidate of the Nationalist People's Coalition, whose
        Reuter  -  96 words
      • 92 4 Reuter PHNOM PENH Cambodia's rate of inflation and long-term Consumer Price Index (CPI) have both decreased since December 1993, the National Bank said. "On a year-on-year basis, the rate of inflation decreased from 31 per cent in December 1993 to 7.9 per cent in October," according
        Reuter  -  92 words
    • 306 4  -  Reports by Ven Sreenivasan SINGAPORE Thailand could host the proposed East Asia-Europe summit if it is held back-to-back with the sth Asean Summit in Bangkok in December. Visiting Thai Foreign Minister Thaksin Shinawatra said at a news conference at the
      Reuter  -  306 words
    • 162 4 SINGAPORE Thailand welcomes Singapore's participation in the "northern quadrangle' economic region. Visiting Thai Foreign Minister Thaksin Shinawatra said he conveyed this to Acting Prime Minister Lee Hsien Loong when he paid him a courtesy call during his twoday visit here. The region, which straddles
      162 words
    • 380 4 AFP HANOI A Japanese property developer has signed a contract to build a US$4OO million (*****.8 million) office, hotel and apartment complex in a Hanoi suburb in what could become the largest Japanese investment in Vietnam. Japan's New Hanoi Urban Development Co
      AFP  -  380 words
    • 217 4 Reuter KUALA LUMPUR British Chancellor of the Exchequer Kenneth Clarke yesterday said Malaysia could be a regional financial centre if it liberalised the sector. "Britain looks forward to see Malaysia be an alternative to Singapore as a financial centre for Asean," Mr
      Reuter  -  217 words
    • 284 4 AFP MANILA The scheduled bidding today for the rights to develop a military camp in the heart of Manila has the country's real estate giants scrambling to take up the challenge of the potentially lucrative project. Attention to the sale
      AFP  -  284 words
    • 205 4 AFP MANILA The Philippine government's holding company will sell off at least one billion pesos (Sss9 million) of holdings in several companies and properties, an official said here yesterday. Arthur Aguilar, head of the National Development Corporation (NDC), also said the government hoped
      AFP  -  205 words
  • Page 4 Advertisements
    • 189 4 —^Jake a close look at a John Langford shirt On first inspection it f s <««*«■,mm For example, there are two buttons on the a smrr. cuff for your choice of a tight or loose fit On closer inspection it's X calculated to survive the transient whims of a hidden
      189 words
    • 177 4 The International School of Information Management (Denver, Colorado > USA) presents The International School of Information Management (ISIM) will now make available to you an award winning degree program that results in your earning a US Department of Education recognized Distance Education Training Council accredited MS or MBA degree. If
      177 words

  • Page 5 Advertisements
    • 225 5 We've just set the table. Hope you brought an appetite. for some the highest interest rates in town, that is. I CITIBANK TIME DEPOSIT I t i @9 Especially now that we're offering even greater returns when Local Time Deposit J 5550,000 and above I you open a citibank Local
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  • CHINA/HONGKONG/TAIWAN
    • 485 6 Reuter BEIJING Several Chinese cities have reversed ambitious economic reforms, re-introduc-ing coupons to enable the poor to survive high urban inflation by buying cheap rice and edible oil, officials said yesterday. An official of the grain bureau in north-eastern Liaoning province said
      Reuter  -  485 words
    • 134 6 AFP TAIPEI Taiwan's ruling nationalist party agreed on Wednesday to pay the families of victims killed in a 1947 massacre a maximum of NT$6 million (*****,636) compensation for each person killed, party whip Liao Fuw-peen said. The nationalist party or the Kuomintang (KMT) decided
      AFP  -  134 words
    • 48 6 Reuter BKIJING Health workers administering anti-polio vaccine to a kindergarten student here yesterday as China continues its two-step immunisation drive, the world's biggest, targeting about 100 million children. The vaccination programme will involve some two million health workers and cost over 5510.5 million. Reuter
      Reuter  -  48 words
    • 393 6 UPI Bloomberg Business News BEIJING Spurred by the prospect of increasing foreign exchange coffers, China yesterday unveiled plans to expand its labour services in Asia this year and resolve a dispute with Russia over the export of 10.000 contracted workers. Li
      UPI; Bloomberg Business News  -  393 words
    • 223 6 AFP BEIJING Private savings in Chinese banks soared to two trillion yuan (*****.5 billion) in the first 11 months of 1994, becoming the country's main source of credit capital, the China Daily said yesterday. The savings, which jumped 35 per cent from
      AFP  -  223 words
    • CHINA WATCH
      • 100 6 AFP SHANGHAI The Shanghai authorities have ordered a stateowned button shop to quit a major shopping street after naming it the city's worst shop of 1994. The 48-year-old Daxin Button Company was given two months to move out, an official of the Hongkou commerce
        AFP  -  100 words
      • 97 6 AFP TAIPEI Taiwan's ruling Kuomintang party is to enter a NT$6 billion (***** million) joint venture with Israel Aircraft Industries (IAI) to build an aircraft maintenance plant here, it was reported yesterday. Liu Tai-ying, chairman of the KMT's Business Management Committee, said the two
        AFP  -  97 words
      • 82 6 Reuter BEIJING China has ordered all chambers of commerce and enterprises to respond promptly to mounting allegations of dumping involving Chinese exports. "The government has demanded all chambers of commerce and enterprises involved in exporting and importing to respond promptly to increasing anti-dumping allegations," the Xinhua
        Reuter  -  82 words
  • Page 6 Advertisements
    • 286 6 the new Brother Fax 620, with an I system and automatic H H H I cutter irons out this horrible, H I i < ,I 5 /ijtl The Brother Fax 620 comes loaded with all the features you'd expect from a leading Japanese name: "Smoothing" Enhanced Image Resolution; 32 Gray
      286 words

  • REST OF ASIA
    • 405 7 Reuter TOKYO Japan's car sales rose for the first time in four years in 1994 and are expected to continue climbing this year as the economy pulls out of its slump, industry sources said. The Japan Automobile Dealers
      Reuter  -  405 words
    • ASIA NOTES
      • 82 7 Bloomberg Business News TOKYO Japan's Fair Trade Commission (FTC) will probably impose penalties on several major eleetronics makers for alleged bid-rigging involving loeal government orders for large monitor screens, the Asahi newspaper reported yesterday. Manufacturers such as Mitsubishi Electric Corp, Matsushita Electric Industrial Co
        Bloomberg Business News  -  82 words
      • 69 7 AFP CALCUTTA Indian Surface Transport Minister Jagdish Tytler invited foreign capital to the transportation sector yesterday, promising companies "enormous investment potential". "We have projects worth US$25 billion (5536.3 billion) in the road sector alone. We guarantee 16 per cent returns on (US) dollar investment
        AFP  -  69 words
      • 114 7 AFP SEOUL The first batch of heavy oil for North Korea under its nuclear deal with Washington will be shipped next week at the US contractor's request, the South Korean shipper said yesterday. "The US Defence Department's defence fuel supply centre
        AFP  -  114 words
    • 285 7 Reuter BOMBAY A rush vf share offerings planned by Indian companies to raise an estimated 150 billion rupees (556.9 billion) has begun depressing stock prices, analysts and brokers said. They said investors who were short of funds had started selling existing
      Reuter  -  285 words
    • 48 7 Reuter SEOUL Some 10,000 university hopefuls, fearful of stiff competition, yesterday anxiously awaiting news of how many students will apply to take the entrance examination to the prestigious Seoul University. Being accepted into a first class Korean university virtually guarantees a good job upon graduation. Keuter
      Reuter  -  48 words
    • 233 7 AFP SEOUL South Korea will record stronger economic growth than Hongkong and most other newly industrialising economies (NIEs) in Asia this year, the central Bank of Korea (BOK) predicted yesterday. South Korea's gross domestic product (GDP) would grow
      AFP  -  233 words
    • 232 7 AFP SEOUL South Korean conglomerates yesterday unveiled new-year plans to increase overseas investment by up to 100 per cent compared with 1994. as part of the trend towards business "globalisation". Daewoo Business Group will spend a total of US$2.5
      AFP  -  232 words
  • Page 7 Advertisements
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      80 words

  • THE WORLD
    • 452 8 Reuter PARIS Prime Minister Edouard Balladur, boosted by an opinion poll showing he would beat all comers in this year's presidential election, proclaimed on Wednesday that everything was going better for France. The conservative premier, expected to declare his
      Reuter  -  452 words
    • 34 8 Reuter MUNICH White reindeer Jessy getting a mouth-to-mouth feeding from her trainer on Wednesday. They are on tour in a Munich circus. White reindeers are rarely found. Reuter
      Reuter  -  34 words
    • 204 8 FT ATHENS Greece's stock market is sluggish and the trade unions are as adamantly opposed to privatisation as ever. But Yannos Papantoniou. the irrepressibly optimistic economy minister, says he will make another attempt to float OTE, the state telecom monopoly, this
      FT  -  204 words
    • 414 8 FT LONDON Water distribution companies in the European Union would have to spend up to 20 billion ECUs (SS3S billion) on new pipes to meet higher water quality standards proposed in a draft directive passed by the Commission on Wednesday.
      FT  -  414 words
    • 358 8 Bloomberg Business News Reuter BRUSSELS The European Union has postponed indefinitely a trade agreement with Russia in protest against military intervention in Chechnya. "We don't dispute that Chechnya is part of the Russian Federation," EU Foreign Affairs Commissioner Hans van den
      Bloomberg Business News; Reuter  -  358 words
    • 376 8 Bloomberg Business News NEW YORK Germany is taking steps to clean the slate with US investors for loans Adolph Hitler disavowed after taking power in 1933. The government is offering about US$4O million (5558.4 million) worth of 3 per cent bonds as
      Bloomberg Business News  -  376 words
    • 352 9 AFP WASHINGTON The United States and the European Union have reached a sixmonth interim agreement on the commercial effects of three new countries joining the EU, said US Trade Representative Mickey Kantor on Wednesday. "This interim agreement allows the vast majority
      AFP  -  352 words
    • 428 9 Reuter LONDON Christmas sales figures from key British retailers yesterday suggested shoppers did bring some festive joy to store owners last month. Clothing retailer Next pic reported a 17 per cent surge in sales from Aug 1 to Dec 24 over the previous
      Reuter  -  428 words
    • 546 9 AFP Los Angeles Times MEXICO CITY Mexico will seek support from the International Monetary Fund for the emergency economic plan it passed earlier this week, and has set new economic goals for the new year, the Finance Ministry said on Wednesday. Dubbing the
      AFP; Los Angeles Times  -  546 words
    • 369 9 AP WASHINGTON The US economy may suffer small, short-term damage from the peso crisis, but Mexico represents more opportunity than danger in the long run. corporate officials and economists said on Wednesday. US companies will sell fewer exports to Mexico
      AP  -  369 words
    • 295 9 AP WASHINGTON The Washington Post is not obliged to pay overtime to a former reporter because he is "an artistic professional" and "not a robot run by his editors", a federal judge has ruled. The ruling was a blow to Tom Sherwood's
      AP  -  295 words
    • WORLD WATCH
      • 111 9 AFP BERLIN The west German economy is likely to grow by about 1.75 per cent in 1995 instead of by 2.5 per cent as had been forecast, the German DIW forecasting institute said yesterday on the basis of figures for gross domestic product (GDP).
        AFP  -  111 words
      • 93 9 AFP BRUSSELS New European Commission member Yves-Thi-bault de Silguy said on Wednesday that he did not rule out the possibility of a union shift to the single currency as early as 1997. The commissioner for economic, financial and monetary affairs said: "Our goal is
        AFP  -  93 words
      • 93 9 Reuter LONDON The female flock in a British church can now raise their voices in politically correct praise the vicar has cut out all references to men in the hymn books. Anglican vicar Derek Sawyer, whose mid-week services in the western English town of Gloucester
        Reuter  -  93 words
  • Page 8 Advertisements
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      192 words

  • Page 9 Advertisements
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  • ADVERTISING & MARKETING
    • 617 10  -  Business as usual despite controversial ouster of agency's chairman in London. Michelle Low finds out why Michelle Low Despite the storm of controversy raging over deposed chairman Maurice Saatchi in London, it's business as usual for Saatchi Saatchi Advertising here. "We've had
      Reuter  -  617 words
    • 873 10  -  Coffee companies are jazzing up their advertisements to catch the 20- and 30-somethings' attention these days, reports Stuart Elliott Stuart Elliott NYT BEER, liquor and soft drinks arc not. it turns out, the only beverages trying to establish more youthful images among consumers in their
      NYT  -  873 words
  • Page 10 Advertisements
    • 164 10 A BUSINESS TIMES JOHNNIE WALKER LIFESTYLE EXCLUSIVE Score with the pros at the Johnnie Walker Classic The correct position of the golf ball in the above pictures: Picture 1: A Picture 2: B Picture 3: B Congratulations to the following winners 3 TOP PRIZES: Single return-ticket (Business Class) to Manila,
      164 words
    • 72 10 Sil: THE RAFFLES j CONVERSATION "Thailand is a country of paradoxes, a country of contradictions and a country of unpredictability. It functions in its own way. You cannot rush it." M I A Former Thai Prime Minister Anand Panyorachun on the changes taking place in his country and why Thais
      72 words

  • SPORTS
    • 617 11 Reuter NEW YORK Patrick Ewing scored 21 points and the New York Knicks held the Atlanta Hawks without a field goal for the final seven minutes in an 89-80 win on Wednesday that again denied Lenny Wilkens his record 939 th career coaching
      Reuter  -  617 words
    • 561 11 AP SYDNEY Australia held on for a draw in the third cricket Test yesterday and retained the Ashes but not before England pace bowler Angus Fraser had set up a thrilling finish. Fraser, who only joined the England team as a replacement, took
      AP; Reuter  -  561 words
    • 593 11 Reuter CARLSBAD, California Controversial John Daly was the centre of attention when he returned after a "voluntary" four-month absence to contest the PGA Tour's season-open-ing Mercedes Championship yesterday. Daly, 28, has not played since being attacked by another player's father after the
      Reuter  -  593 words
    • 370 11 AP ADELAIDE Defending champion Yevgeny Kafelnikov and American Jim Courier both scored quick victories yesterday to move into the quar-ter-finals of the U*****,500 (*****,000) Australian hardcourt tennis championship. Kafelnikov, the 20-year-old No I seed from Russia, scored a 7-5, 6-3 victory over Henrik Holm
      AP  -  370 words
    • SCORE CARD
      • 45 11 AFP WASHINGTON Results of NBA games on Wednesday: Boston 117. Miami 113 (OT); New York 89, Atlanta 80; Orlando 113. New Jersey 110: Charlotte 118. Portland 106; Seattle 116. Cleveland 85; Indiana 94. Washington 90: Chicago 86. Denver 80; Phoenix 127. Philadelphia 122. AFP
        AFP  -  45 words
      • 133 11 AFP GOULIMINE, Morocco Dakar rally fourth stage results and overall standings on Wednesday Cars I Jean Pierre Fontenay-Musmara (Fra) Mitsubishi 4hrolmin 25sec 2 Ari Vatanen-Picard (Fin/Fra) Citroen at Imin 44sec 3 Kenjiro Shi-nozuka-Magne (Jpn/Fra) Mitsubishi 5:20 4 Timo Saloncn-Gallagher (Fin/Brit) Citroen 7:46 5 Bruno Saby-Serieys (Fra) Mitsubishi 7:48. Overall:
        AFP  -  133 words
      • 179 11 AFP ADELAIDE Fourth day of the Australian Hardcourt championships yesterday. Singles. 2nd rd: Jim Courier (US) bt Daniel Vacek (Cze Rep) 6-3, 6-4; Yevgeny Kafelnikov (Rus) bt Henrik Holm (Swe) 7-5, 6-3; Mark Woodforde (Aust) bt Jeremy Bates (Brit) 7-6 (8-6). 6-4. Doubles 2nd rd: Jim Courier (US) and
        AFP  -  179 words
    • SIDE LINES
      • 75 11 AP KUALA LUMPUR Three more soccer players have been arrested in a widening scandal involving bribery and matchfixing. Including the three taken into custody on Wednesday, 55 arrests have been made since August and more are expected, police sources said yesterday. The three appeared
        AP  -  75 words
      • 108 11 Reuter HONGKONG The Asian Football Confederation (AFC) has for the first time allowed foreign soccer players to compete in Asian "national" teams during an AFC-organised tournament. The 44-member AFC, Asia's governing soccer body, made the one-off ruling to cover the popular Marlboro Dynasty Cup, which
        Reuter  -  108 words
      • 119 11 AP SAN DIEGO A winter storm carrying heavy rain, winds and apparently a small tornado tore through the compound of a US America's Cup contender on Wednesday, seriously damaging the group's only racing yacht. The winds, apparently a water spout that formed off Mission Bay near
        AP  -  119 words
      • 149 11 AP TOKYO In Japan, US$B.l million (SS 11.8 million) is a lot to pay for a two-year baseball contract a record, in fact. But the Yomiuri Giants aren't saying they paid too much for outfielder Shane Mack. "Let's just see how he plays," Giants
        AP  -  149 words
      • 164 11 AFP BEIJING Ma Junren's army of Chinese women runners is intact and in training, a senior sports official said yesterday, denying reports of a mass desertion. "Ma's army is still in existence and no athletes have left," said Cui Dalin, director of the sports commission
        AFP  -  164 words
  • Page 11 Advertisements
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    • 731 11 "n~o"VT~c"e" ~sH TOLL-FREE TEL No 1-800-741-1883 FAX 741-IIM M THE MATTER OF THE COMPANIES ACT, CAP. 90 ANO M THE MATTER OF JEVONA MVESTMENT PTE LTD (In Members' Voluntary LiaukMton) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ot the members of the abovenamed Company duly convened and held at
      731 words

  • Page 12 Advertisements
    • 946 12 NoUmifi? WHERE TO WINE, DINE AND ENTERTAIN or IP The Management (Staff Or g fli Ftms P,a &alvatore" p C /j xWish All Customers A m L u New YeaSl E#f' If* I PASTA FRCSCA DA SALVATOKE PTE LTD I •30 Boat Quay, $(0104) (Open 94 hours). Tel: 532 6283/532
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    • 291 12 Celebrating Fish Let s drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every Imaginable fish recipe. Salmon, sole. snapper, sea bass... If it can be caught. It can be q/jP cooked. And we know all the delicious ways, ff? Continental
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  • LIFESTYLE
    • 424 13  -  Playing the game gives contestants a winning advantage. Susan Tsang reports Susan Tsang Golfing skills turned out to be an advantage for the participants of December's Business Times' Lifestyle Exclusive Contest, which boasted three top prizes of an allexpenses paid trip to Manila for the
      424 words
    • 432 13  -  By Susan Tsang THOSE who wring their hands when they think of the state of writing in Singapore will be glad to know that something is being done to promote the craft here. More then one thing, in fact. Singapore
      432 words
    • 217 13 CHATTERBOX Reuter AP AP ACTOR Pierce Brosnan opened the Harrods January sale in London on Wednesday, and in his honour Mohamed Al-Fayed, the store's chairman, donated £50,000 (S$ 113,380) to Wellbeing, a health research organisation, and its ovarian cancer research centre in Cambridge, England. Brosnan,
      Reuter; AP  -  217 words
  • Page 13 Advertisements
    • 154 13 WHERE TO WINE, DINE AND ENTERTAIN (EatrnipU JSteak Open Daily Lunch 1130 am 2.30pm Dinner 6.30pm 1030pm (Last order 10pm) Western It Japanese Set Load) at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 Olive Oil! At Cafe Caffe,
      154 words
  • Page 13 Miscellaneous
    • 1217 13 the knew. He finds himself Limberlost forest, and finds himself. James Gene Kindergarten Cop, Bpm, Ch Arnold Schwarzenegger a H who takes on the tfflELl ultimate undercover job to flush out a drug baron (Rich- c] ard Tyson). He teaches pre- >l;Sp schoolers in this 1990 V Xr 3 Reitman
      1,217 words

  • 541 14 1 EDITORIAL II THE blow-out of Australia's current account deficit, confirmed by the release of official figures this week, is an ominous warning to the country's economic policy makers. The Australian economy is growing at a scorching pace last year's 6.4 per cent growth was among the
    541 words
  • WHAT THE OTHERS SAY
    • 299 14 THE LAST few years will be remembered in economic history as a time when the concept of regional trade groupings took firm root in many parts of the world. Not only did the world witness the emergence of numerous new trade arrangements such as the
      299 words
    • 116 14 WHILE Singapore is fast becoming a developed country, the debate on a values system continues to attract critical attention. In his assessment, the Acting Minister of Community Development, Abdullah Tarmugi, has reiterated the government stance that the values upheld by the majority and which have benefited the
      116 words
    • 130 14 INDIA'S strategic position in the Asia-Pacific region is often overlooked. With a growing East Asian economy, Singapore and India must understand the political significance and the impact this has on security issues. They should then adjust their strategies accordingly in order to benefit from the present conditions
      130 words
    • 95 14 AN ACCIDENT waiting to happen, in the Hongkong context, is starting to sound like a cliche. Accidents do continue to happen and, regrettably, over and over again particularly accidents involving the construction industry. Every time there is an accident, it is followed by a public outcry and
      95 words
    • 117 14 THE COUNTRY'S EVOLUTION into a developed nation will require changes, the most challenging of which will probably be the breaking of mindsets. Globalisation and the technological revolution impose tremendous pressures for change and how well a country responds will determine its future share of the pie. For
      117 words
  • 942 14  -  Yoshibumi Wakamiya discusses the baffling party realignments taking shape and explains why the LDP cannot afford to dump the Social Democrats Yoshibumi Wakamiya Asahi News Service WILL THE period of political confusion come to an end this year? Will we see another
    Asahi News Service  -  942 words
  • Page 14 Advertisements
    • 59 14 5 n I Spotlights: Pan-United Corporation, Country Heights Kjj f*v i w ~iM a MF I J I I I X I GET IT NOW Available at Newsstands Times the Bookshop NTUC Supermarkets Guardian Pharmacy 7-Eleven STOP PRESS kiosks Browse Buy at post offices Shell Esso Caltex Mobil SPC BP.
      59 words
  • Page 14 Miscellaneous
    • 126 14 POONESBURY GARRY TRUDEAU HERB'S A TECHNICAL INQUIRY, WELL, QAVtP, THE SHORT ffS PAINSTAKING WORK, BUT UNLESS, UIHICH MARK' "PEAR pooeseeopit AN6WERIS PATIENCE! each thb graphic effect is so Of-course, NEVER HOWPO WU6ET THAT WAV DOT IN AN AREA UKE MARK'S STRIKING, WE THINK TPS WORTH THEY SHAPE HAPPENS' COOL SHAPING
      126 words

  • ANALYSIS
    • 1667 15  -  Leon Hadar finds the battle lines drawn between the Democratic presidency and the first Republican-controlled US Congress in 40 years Leon Hadar THE 104 th United States Congress convened on Wednesday and in Washington the talk of the town is the upcoming Republican revolution. The
      Reuter  -  1,667 words
    • 648 15  -  Russia seemed on the road to economic recovery before it got embroiled in the Chechen crisis, says John Thornhill John Thornhill FT THE Chechen crisis, which is racking Russia's body politic, also threatens to wreck the country's chances of stabilising the economy
      FT; Reuter  -  648 words
  • Page 15 Advertisements
    • 684 15 BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ARO FOREST PRODUCTS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 36 Robinson Road. #15 00 City House. Singapore 0106 on the 30 December 1994. the lollowing resolutions were
      684 words
    • 271 15 The writer is BT's Washington Correspondent MFlBline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The Capricorn Woman; Win Prizes! Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Wild Forest; Win Prizes! Children's Funland 8453 Do-Re-Me Face Facts 8454 Eye Brows Dreamland 8455 How
      271 words

  • 441 16 AP Bloomberg Business News WASHINGTON Orders to American factories surged 2.6 per cent in November in a rebound from October that was led by stronger demand for cars and aeroplanes. It was the eighth increase in the past 11
    AP; Bloomberg Business News  -  441 words
  • 296 16 Reuter BEIJING China will ban major new investments in fixed assets in 1995 in its battle against inflation now at its highest level since the communists took power in 1949. officials said yesterday. "China will not approve any new large and
    Reuter  -  296 words
  • 344 16 Reuter BRUSSELS The European Union's trade chief worried aloud yesterday about the isolationist tendencies of America's new Republican-dominat-ed Congress and warned Japan of a different EU trade strategy if markets there were not opened. Leon Brittan, the EU commissioner in charge of trade
    Reuter  -  344 words
  • 196 16 AP TOKYO The leaders of Japan's four most powerful business organisations said yesterday that Japan's ailing economy will improve this year but predicted the recovery will be spotty and slow. "More than half of industry is under clear skies," said Kosaku In aba, chairman
    AP  -  196 words
  • 603 16  -  The Bottom Line PATRICK DANIEL PATRICK DANIEL ON A TRIP to London just before Christmas. I found myself puzzling over a curious phenomenon in Britain: A strong economic recovery is well underway but there's despondency in the air. Commentators call it the
    603 words
  • Article, Illustration
    36 16 Reuter CALCUTTA Brokers in a dismayed mood at their office front of the Calcutta Stock Exchange yesterday after share prices slid there, with the Indian financial institutions offloading in balk. Reuter (See Page 7)
    Reuter  -  36 words
  • 176 16 AFP KUALA LUMPUR Worried clients formed long lines at a branch of Maybank Bhd, Malaysia's top commercial bank, after several shocked account holders found money missing from their accounts, news reports said yesterday. Several savings account holders at a branch of listed Maybank
    AFP  -  176 words
  • 498 16  -  From Lim Soon Neo in HONGKONG HONGKONG newspaper groups hoping to break into the Chinese market in a big way have run into unexpected problems recently, with the Sing Tao group, publisher of The Hongkong Standard, being the latest victim. Yesterday, the English-lan-guage
    498 words
  • Page 16 Advertisements

  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        48 17 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Baring, Daiwa, Fraser, G K Goh. Kay Hian, Morgan Grenfell, OngCo, Nomura. Phillip, Smith New Court, W Carr and S G Warburg.
        48 words
      • Article, Illustration
        124 17  -  Paul Leo JACK Chia-MPH is likely to trade between $1.25 and $1.75 in the medium term. The 5- and 15-week moving average lines are criss-crossing each other, which is typical of sideways trading. But at yesterday's close of $1.37, the counter is a buy. Daily and weekly Relative
        124 words
    • 713 17  -  From Ruth Wong in KUALA LUMPUR THE second tender of the Kuala Lumpur International Airport project closed yesterday with 13 bids ranging from M 5566 million (***** million) to nearly MSB3O million. The tender for construction of the satellite building
      713 words
    • 580 17  -  Draft proposal would cut plot ratios for Chinatown projects From Florence Chong %m in SYDNEY SOME of Asia's largest property investors in Australia are forming a lobby group to have their voices heard on town planning issues. The group includes investors like Singapore's Liang
      580 words
    • 826 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE What a difference a year makes. Some 12 months ago, the share price of British Telecom shot up the day an internal memo on its fledgling video-on-demand (VOD) service was leaked to the press. Yesterday,
      826 words
    • 283 17  -  By Rahita Elias SINGAPORE A Sembawang Maritime Ltd (SML) vessel, which was held up in Australia over a pay dispute, finally sailed off yesterday afternoon after the company paid US$7O,OOO (SS 101.500) to its crew. But the dispute seems far from over. A
      283 words
    • 137 17 SINGAPORE With the liberalisation in the use of CPF savings for investment, the Keppel Bank group now expects to raise between $30 million and $S0 million for its Keppel Enhanced Fund. Operated by Keppel Investment Management, the Fund has so
      137 words
    • COMPANIES
      • 304 18  -  By Quak Hiang Whai SINGAPORE Locally listed companies still need to improve a lot on corporate disclosure, according to analysts surveyed by Ogilvy Mather Public Relations. While 78 per cent of those surveyed said Singapore-listed companies were doing a
        304 words
      • 889 18 Payment Ex Books Pay date close date AISB SO* b 3 Jan 6 Jan 20 Jan 27 Asia Pacific F 20N Feb 6 Feb 10 Feb 22 Avimo 20* F 12.5TE Mar I Mar 7 Apr 15 Bcrjaya Group F 6 Dcc 12 Dcc 27 Jan 26 Cam Mcch lO'
        889 words
      • 114 18 AFP KUALA LUMPUR Public Bank Bhd, Malaysia's third largest bank, has issued new shares to foreign and local investors to raise US$lBO million (about SS26I million), mainly to buy. a massive office complex, the bank said yesterday. The bank issued 100 million
        AFP  -  114 words
      • 368 18  -  Manila bourse wants to ensure fair play for market investors From Al Labita in MANILA THE Philippines Stock Exchange (PSE) will suspend trading today of shares of a Keppel subsidiary and 16 other firms bidding for Fort Bonifacio, a former military base, which adjoins
        368 words
      • 268 18 MBT KUALA LUMPUR Unit trust managers DCB-RHB Unit Trust Management Bhd and BHLB Pacific Trust Management Bhd have been given the green light by the Securities Commission (SC) to invest in foreign stock markets. SC issues and investment
        MBT  -  268 words
      • 486 18 NST KUALA LUMPUR Several big names have been put forward as the new suitor for Syarikat Permodalan Kebangsaan Bhd (SPK) but corporate leader Amin Shah Omar Shah appears the most likely one. Sources said Mr Amin Shah, who was in
        NST  -  486 words
      • COMPANY BRIEFS
        • 53 18 SINGAPORE Cosco Investment (Singapore) Ltd has set up a joint venture in Malaysia to serve as the shipping group's sole general agent in the country. Cosco will hold a 51 per cent stake in Coslink (M) Sdn Bhd. which has a paid-up capital of MS2
          53 words
        • 36 18 SINGAPORE Econ International Ltd has formed a new subsidiary in Malaysia called Econ P I Pile Sdn Bhd. which will undertake foundation engineering as well as produce precast concrete building products.
          36 words
        • 56 18 SINGAPORE GP Batteries' substantial shareholder. Victor Lo. yesterday further raised his stake by acquiring another 200.000 shares at an average U552.69 (553.90) apiece. The shares were acquired under the name of Hongkong's Gold Peak Industries (Holdings). Mr Lo now holds 45.9 million shares, or 57.75 per
          56 words
        • 77 18 KUALA LUMPUR Khong Guan Holdings Malaysia Bhd is to acquire an 80 per cent stake in Tat Sang Industries Sdn Bhd (TSI), a leading export furniture manufacturer, for MS26 million (5514.8 million). The acquisition of the 4.8 million TSI shares will be satisfied by
          77 words
        • 48 18 IN OUR report "Pama buys 55% of LI Investment as Goldtron quits in management buyout" on Dec 31. we said Prudential Asset Management Asia raised $162 million for investments in this region. This is incorrect. Pama raised $261 million. We are sorry for the error.
          48 words
      • 256 18 AFP NEW DELHI US communications giant AT&T and India's Aditya V Birla Group announced yesterday the formation of a partnership to provide telecommunications services in the newly liberalised Indian market. The firms, in a statement released here, said they had signed a memorandum of understanding
        AFP  -  256 words
      • 163 18 AFP KUALA LUMPUR A listed Malaysian media group which raised the price of its dailies to cover production costs, may reap higher profits from the move, stock analysts said yesterday. New Straits Times Press Bhd (NSTP) joined various newspaper publishers here in
        AFP  -  163 words
      • 404 19 Reuter S HANG HA I Shenzhen has introduced new controls over stock market information, barring reporters from predicting index movements and tightening procedures for company disclosure. Rules governing information flows on the Shenzhen Stock Exchange, the smaller of China's two markets, took
        Reuter  -  404 words
      • 329 19 Reuter LOS ANGELES Walt Disney Co chairman Michael Eisner conceded on Wednesday, in a letter to shareholders, that the entertainment giant travelled some bumpy roads in 1994 but its record financial results for the year proved its strength. The death of
        Reuter  -  329 words
      • 151 19 Reuter NEW YORK The sudden retirement of International Business Machines Corp's treasurer Frederick Zuckerman surprised many on Wall Street, but he is not believed to have been forced out, analysts said. On Wednesday, IBM issued an internal memo to employees saying that Mr Zuckerman, 60,
        Reuter  -  151 words
      • 633 19 Bloomberg Business News HONGKONG A drop in share and real estate prices has exposed the underbelly of many Hongkong companies and it isn't a pretty sight. "The company results in the last few weeks have been shocking," said Ravi Narain, research director at
        Bloomberg Business News  -  633 words
      • 396 19 No official word on when market expansion ban will be lifted Reuter SHANGHAI More than five months after Beijing halted new share issues, brokers and investors say they are confused by mixed signals as to when China's stock markets will start expanding again.
        Reuter  -  396 words
      • 387 19 FT DETROIT Chrysler, the smallest but most profitable of the big three US carmakers, earned a record profit last year, said chairman and chief executive Bob Eaton yesterday. Third-quarter pre-tax profit was US$l.O6 billion (551.54 billion). In December Chrysler's pension
        FT  -  387 words
      • 74 19 Bloomberg Business News HONGKONG Four international music and entertainment companies have bought a 50 per cent stake in Channel V from Star TV, the Asian regional satellite broadcaster controlled by Rupert Murdoch's News Corp. The four Britain's EMI Music, Japan's Sony Pictures Entertainment,
        Bloomberg Business News  -  74 words
      • 72 19 AFP SHANGHAI A tourism company has become the first Tibetan company to go public and the first domestic share listing since listings were frozen in August, a stock market official said here yesterday. Tibet Pearl Co Ltd, which was set up in 1993, will
        AFP  -  72 words
      • 67 19 Reuter NEW DELHI India's Modi Telecommunications said it plans to launch value-added paging services in seven Indian cities in collaboration with Samsung Electronics Co Ltd and Korea Telecom. Modi Telecommunications said yesterday that the joint venture will involve an initial investment of 400 million
        Reuter  -  67 words
      • 66 19 AFP TOKYO Ishikawajima-Harima Heavy Industries Ltd of Japan has won an order worth more than seven billion yen (Ssloo million) to build a paper-coating-and-treatment plant in Indonesia. A spokesman said yesterday that Ishikawajima-Harima and trading company Nissho Iwai Corp received the order from
        AFP  -  66 words
      • 68 19 AFP TOKYO Japan's Fair Trade Commission (FTC) is investigating alleged bid rigging by several electronics companies for giant stadium screen orders placed by local governments, an FTC spokesman said yesterday. The spokesman said the probe was launched in 1993. Three major electronics companies Mitsubishi Electric
        AFP  -  68 words
    • FINANCE & COMMODITIES
      • 489 20 Reuter LONDON Margins on syndicated loans are likely to stay slim this year as banks compete to provide money for corporate and sovereign borrowers, bankers say. "For bigger names, there's a lot of money still available in the market place," said
        Reuter  -  489 words
      • 330 20 Reuter NEW YORK The US dollar should fall to around 92 yen and to around 1.50 marks early this year, say Smith Barney currency analysts using both a fundamental and technical approach. Lisa Finstrom, senior currency analyst at Smith Barney, said she
        Reuter  -  330 words
      • 333 20  -  By Conrad Raj SINGAPORE Thailand's Italthai group has borrowed US$l9 million from the Singa-pore-based Asian dollar market. The club deal for two members of the group Italthai Holding Co and Italthai Industrial Co was arranged by the Singapore branches of BHFBank, Bayerische Landesbank
        333 words
      • 59 20 AFP MEXICO CITY Brokers checking stock values on monitors surrounding the trading floor of the Mexico stock exchange on Wednesday, a day after the peso tumbled more than 30 per cent to the dollar while interest rates shot higher folio*ins the government's announcement of an
        AFP  -  59 words
      • 319 20 Reuter TOKYO The Tokyo Commodity Exchange (Tocom) is considering expanding rubber futures trading by listing contracts for technically specified rubber (TSR), Tocom chairman Naozo Mabuchi said. In an interview published in Tocom's official daily report, Mr Mabuchi said the exchange had set up
        Reuter  -  319 words
      • 277 20 Reuter LONDON Business on Europe's busiest derivatives exchange soared last year as argument raged over whether rival "over-the-counter" versions of complex financial instruments should be more closely regulated. Turnover on the London International Financial Futures and Options Exchange, known as LifFe, reached
        Reuter  -  277 words
      • 356 20 AFP MANILA The Philippines may grant permits to up to 10 foreign banks to open branches here within the first quarter this year under a bank liberalisation law, instead of earlier plans for a staggered entry, the Central Bank said. A bank
        AFP  -  356 words
      • Article, Illustration
        1316 20 I rade-inghled index iak ulainl against Spore s lap 14 trading partner* Base year I9S! US$/S$ forward rates Noon Jan 3 Bid Ofltr 1-month 1.4482 1.4499 2-month ***** i.4479 3-month 1.4442 1 4459 6-month 1.4392 1.4412 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9a« mIm S Singapore dollars to
        1,316 words
      • 306 20 Bloomberg LONDON Crude oil futures extended Wednesday's gains as storms disrupted operations in the North. Baltic and Black Seas. Further strength came after the American Petroleum Institute reported a 2.S per cent decline in crude supplies, which fell to their lowest level in
        Bloomberg  -  306 words
      • 188 20 Reuter LONDON The dollar overcame early selling pressure by Japanese exporters to stick its head back above 101 yen. while the US currency drifted aimlessly against the mark. Market interest focused on the ailing peseta, which teetered at around a record low 85.30 per mark. There was
        Reuter  -  188 words
      • 88 20 AFP NEW YORK The dollar fell back against other major currencies here yesterday, largely on profit-taking after Wednesday's rise. Gold held steady at U*****.00 an ounce, unchanged from Wednesday. At 1445 GMT. the dollar was trading at 1.5535 marks, down from 1.5506 Wednesday, and at 100.97 yen against
        AFP  -  88 words
    • COMMODITIES & FUTURES
      • 1289 21 Reuter SINGAPORE Simex Japanese government bond (JGB) futures ended off the intra-day high, but still firmer on the yen's strength against the dollar. March JGBs ended at 107.71 against the previous close of 107.62. Volume was at 3,559 lots. Dealers said the March
        Reuter  -  1,289 words
      • 674 21 COMMODITY REPORTS Rubber TOKYO: Rubber futures surged on active investor buying stimulated by news of better domestic car sales and brighter prospects in the US car industry. Prices were 3.8 to 6.0 yen per kg higher, with benchmark June up 3.8 yen at 157.7.
        674 words
      • 102 21 NEW YORK Sugar futures should continue to rally during the first quarter, but probably will fall back by summer. Smith Barney predicted in its fundamental outlook for 1995. "Sugar prices in the first quarter should remain between 14 and 17 US cents as buying
        102 words
      • 89 21 NEW YORK After a bout of new-year weakness, coffee futures likely will see US$2 a pound again by the end of March, according to Smith Barney's fundamental outlook for 1995, released yesterday. An analyst based the projection on supply considerations particularly in regard to
        89 words
      • 78 21 SEOUL An investigation into allegations of dumping by China and Russia could lead to enactment of anti-dumping duties on zinc imports, a South Korean government trade official said. He said an inquiry is comparing local prices for zinc imported from China and Russia with production
        78 words
      • 42 21 LONDON Zimbabwe joined the International Sugar Organisation after agreeing to the 1992 International Sugar Agreement on Dec 14, ISO officials said on Wednesday. Zimbabwe will receive eight votes in the ISO Council, out of a total of 2,000.
        42 words
    • 1396 21 Rubber (Marts datfaf as at 5.3tpa) KSS t C—tract (S ccnti/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb~95 I mOO 525 925 Mar 236.00 4175 Apr 238.00 235.00 238.00 250 3575 May 238.00 235.00 238.00 250 3575 Jun 238.00 235.00 238.00 250 3575 Jul/Sep 234.50
      1,396 words
    • REGIONAL STOCK MARKETS
      • 957 22 -16.7 SHARES closed lower yesterday due to a sharply weaker gold sector, Wednesday's unimpressive current-account deficit figure and a general lack of buying interest, brokers said. The All Ordinaries Index closed 16.7 points down at 1,869.5. The All Industrials Index fell 22.5 to 2,719.2 and the All Resources Index
        957 words
      • 594 22 -73.17 The local bourse started the first trading day of this year on a downward note, dampened by textile shares. The 414-issue Weighted Price Index dropped 73.17 points to settle at 7.051.49. Turnover was 1.92 million shares worth NTSBO.6 billion. The market opened slightly higher, but profit-takers moved in
        594 words
      • 653 22 -42.61 Share prices dived 1.54 per cent yesterday after investors cashed their chips in major property firms on the eve of the Philippines' biggest land auction. The Philippine Stock Exchange said trading in scrips of all listed firms involved in the bidding for the redevelopment of the 214 hectares
        653 words
      • 280 22 -4.67 Shares eased again for the second time in as many davs for 1995. The NZSE-40 Capital Index ended just above the 1.900point level, down 4.67 at 1,901.43. Volume at 5i5.5 million was the lightest for several months, brokers said. "The market never got out of the blocks,"
        280 words
      • 76 22 -58.03 Share prices took a heavy beating in the face of sustained selling by retail investors and foreign mutual funds. The 30-share BSE Index fell 58.03 points to close at 3,828.77 while the broader 100-share National Index slipped 25.36 to 1,820.13. "The operators who sold today did so on
        76 words
      • 471 22 -20.95 Share prices plunged yesterday, in a continuing selling spree by financial institutions. The Composite Price Index dived 20.95 points to close at 976.06 in active trading, with 53.4 million shares worth 1.02 trillion won changing hands. Falls outnumbered risers by 576 to 205, while 58 counters remained unchanged.
        471 words
    • WORLD STOCK MARKETS
      • 619 22 -19.3 STOCKS declined for a second day amid concerns rising interest rates will slow the pace of company profit growth. Wellcome led drug stocks lower and electricity stocks were hit by fading bid hopes. "People are looking forward to the next interest rate rise," said a dealer. "There are
        619 words
      • 138 22 -30.26 French shares ended with a sharp fall, as the bears roamed across the market. One trader said, The market is not tuned to good news at the moment.' Although the day opened briefly in positive territory, the gains were not sustained. Weakness on Wall Street and bonds provided
        138 words
      • 173 22 -20.89 German shares fell, with the DAX Index accelerating more quickly than expected to a test of key support at 2,050. The sharp fall in Bunds hurt prices. Widespread conviction that prices will head lower kept investors away from market, hoping for cheaper buying opportunities ahead. The Dax Index
        173 words
      • 140 22 -5.27 Belgian stocks dropped as rising bond yields raised borrowing costs and reduced the value of insurance and bank assets. Insurers led the decline. Bonds account for up to 30 per cent of their assets, making them sensitive to declines in bond prices. Rovale Beige fell 80 to 4,800.
        140 words
      • 154 22 -69 Shares ended just off session lows after a bout of profittaking ahead of a long week- end and technical deadlines next week wiped early gains. The Mibtel Index closed down 69 points to 10,269. With talks on a solution to the country's political crisis on hold as President
        154 words
      • 275 22 -2.70 Shares ended down as falls in surrounding markets sapped demand and led to light profit-taking. Operators were disappointed at the continued absence of institutional investors from the usual New Year shopping spree. The AEX Index closed down 2.70 points at 414.68, below a previous chart resistance point of
        275 words
      • 140 22 +3.45 Swedish stocks closed higher for the fifth consecutive day. Great interest in SCA contributed to the rise. "The day has been calm, but somewhat spasmodic," a broker said. SCA's B share firmed two crowns to 128 in reaction to the news that SCA has bought 60 per cent
        140 words
      • 297 22 -19.3 Swiss stocks lost ground as Union Bank of Switzerland led the plunge in financial shares amid concern about rising interest rates and poor 1994 earnings. The SMI Index of 23 stocks lost 19.3 to 2,613.1 points. Seventeen stocks fell and six rose. The SPI Index lost 9.91 at
        297 words
      • 312 22 -10.8 South African shares fell for the third consecutive day yesterday after bullion struggled around US$375 an ounce, but support appeared towards the close to steady prices in thin trade. A trader said anticipated support for gold just below current levels could steady share prices if it held, but
        312 words
      • 257 22 +0.77 Stocks traded sideways early as players searched for direction after two days of sharp slides, dealers said. "The whole market seems to be resting as people figure out what to do with themselves," said one trader. "I believe that you aren't going to see much happen because people
        257 words
      • 650 22 -1.68 The Dow Jones Industrial Average, which climbed 19.17 points on Wednesday, was on 1.68 to 3,855.97 at I lam EST. The NYSE Composite Index was ahead 0.07 to 251.53. while Standard Poor's 500-stock Index was up 0.07 to 460.78. Declines edged advances 880-855 among the 2,537 issues
        650 words
      • 633 22 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit 38 6400 38 6500 Mini Jeney Gill AIWJ 0 1992 Mim Max Income ****** ****** USSCath Income Plus Fund .9 4900 *****0 PS S Re*r»e Fund 5 J J00 ***** ***** 0 49)1 Far EM Fund *2 7650 *2.9730 Man Portfolio
        633 words
    • Article, Illustration
      2855 23 Bloomberg Business News HONGKONG Shares rose for the second consecutive day as rising bank stocks offset an early slump in property and industrial shares. Led by the international banking group HSBC Holdings, the Hang Seng Index rose 29.68 points to 7,916.69. Bank shares accounted for nearly 40 per cent
      Bloomberg Business News; Source: Bridge Info  -  2,855 words
    • Article, Illustration
      583 23 CLSA H SHARES ended down 0.5 per cent on turnover of HK534.5 million. Dongfang Electric lost 7.2 per cent to HK53.20.. The Shanghai B market lost 1.2 per cent on improved trading volume of U552.52 million. Shangling was the most active counter with turnover of US$9OO,OOO. The share fell.
      CLSA  -  583 words
    • Article, Illustration
      2533 23 Bloomberg Business News TOKYO Stocks fell as some investors concluded that Japan's economic recovery won't happen fast enough to sustain a market rally, traders said. The Nikkei 225 Index fell 67.93 points to 19,616.11. The broader Topix Index fell 5.99 to 1,547.41. The Nikkei 300 Index fell 1.10 to
      Bloomberg Business News; Source: Bridge Info  -  2,533 words
    • Article, Illustration
      1722 23 Reuter BANGKOK Stocks closed higher on selective buying of blue chips by foreigners and a gain on Wall Street. The SET Index closed 13.22 points up at 1,373.85 on 5.5 billion baht turnover. Rises led falls 166 to 109 with 111 issues unchanged. "The market looked good all day."
      Reuter; Source: Bridge Info  -  1,722 words
    • Article, Illustration
      1123 23 Reuter JAKARTA Share prices closed higher in improved trading activity. The budget announcement had little impact on the market with lndosat, which rose overnight in New York, helping the market emerge from its recent sluggishness. Players also focused on Surabaya Agung on rumours it had posted good 1994 results.
      Reuter; Source: Bridge Info  -  1,123 words
    • 2177 24 1494/95 Last Vol Day Last Qwrtc (Mr D4» VM Nrt M Cap Hifh Low Coapaay Sale (*000) Hi«h Low Bayer Seller S C »r S P/E Sail MALAYSIAN STOCKS 398 IM> in USB 30c 270 cd -4 50 275 268 270 274 3.0 -2.9 0.3 27.7 206 105
      2,177 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6093 24 Bloomberg Business News KUALA LUMPUR Stocks rose as Wall Street gains brought some investors out of holiday hibernation, traders said. "When there's no news here, people look overseas, especially Wall Street," said an economist. He added that the rise is "partly
        Bloomberg Business News; Source: Bridge Info  -  6,093 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8328 25 MAIN BOARD <.r Or M «l 1994 95 I avl Vol D»> I mi Quolf Di» Di» M N« Cap \>( High lo* (M)U) S«le fOOO) High loo Bu>er Seller S C"»t S P/f Smil Price INDUSTRIAL AND COMMERCIAL 720* 417.5* mi s Acma 50c 474 unch 28 476 474
        8,328 words
      • 1910 26  -  By R Sivanithy SINGAPORE Encouraging signs from Wall Street on Wednesday failed to ignite interest in the local stock market, with prices again closing mixed in thin trading. Situational plays were limited to only a handful of stocks, while continued interest in
        Charts by Bridge Info; Source: Bloomberg  -  1,910 words
  • Page 17 Advertisements
    • 208 17 NEWS VALUE Indonesian budget points to upbeat outlook on economy (P8 I) Inflation and the consequent depreciation of the rupiah likely to be on the mind of foreign investors. S'pore group wins Bangalore deal to build $750m airport (PR I) Will the stock market come up with an "Indian concept"
      208 words

  • Page 18 Advertisements
    • 870 18 B U S I NESS TIMES ?;!\?{;<`[&!:~_\'-]{~>^~;]+>!:@ TOM.-I'RKKTItI.. No. 1-800-741-1883 I AX 741-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALTON NOVELTY PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of Alton Novelty Pte Ltd convened and held
      870 words
    • 376 18 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF scsMAracpiEin (In Members' Voluntary Liquidation) Alan Extraordinary General Meeting ol the members of the abovenamed Company duly convened and held on 31 December 1994 at 10.00a.m al9Baoery Road #18-01 Straits Trading Building Singapore 0104 ttv tallowing
      376 words

  • Page 19 Advertisements
    • 196 19 BUSINESS TIMES EXECUTIVE APPOINTMENTS TOLL-FREE TEL. No. 1-800-741-1883 FAX:'74I-1298 lATA Manager Agency Accreditation Services lATA is seeking a qualified manager for a dynamic and challenging regional post, calling for ability to work across cultures. The successful applicant is likely to be in his/her 30's or 40's and to have: 5-8
      196 words
    • 191 19 Making It Really Work Service Quality Measurement And Quality Models 111 lilfffHßf—ll Mill *****1 l lIIIU llllllli Hill WBMI Director of the Service Research Centre, Sweden and author of the book entitled "Quality of Service Making It Really Work" (Mc Grow-Hill Book Publication, 1994) Venue: National Productivity Board, Singapore Date:
      191 words


  • Page 21 Advertisements
    • 642 21 B U S I N ESS T I M E S NOTICE TOLL-FREE TElTNo^l^o^4l-I^B^AX-^l-lse IN THE HATTER OF THE COMPANIES ACT, CAP.SO IN THE MATTER OF HO SHIN MIN (SINGAPORE) PTE LTD (In MOTbOT' Voluntary Liquidation) NOTICE Of SPECIAL AND ORDINARY RESOLUTIONS Pursuant to Saction 290<2)(b)| At an Extraordinary Ganaral
      642 words
    • 3 21 \mfd aaigad. |CAT*I
      3 words

  • Page 22 Advertisements

  • Page 23 Advertisements
    • 159 23 Primero automatic chronograph movement. Sit Non-reflecting sapphire glass. M A HU-* Water-resistant to 100 m or 50m. B5 IVI ''If) Available in gold, gold and steel or steel. I I Abor. fc Bryamd W» Ltd 1 Minßro Squanr (P2 W)l Expo Gateway Td 273**2 i ajSggßr; //*S < uma C
      159 words


  • Page 25 Advertisements
    • 22 25 /SgVi STRAIGHT TALK shouldn't have to read between the lines to get the full picture. JJxpmSmtK Companies Markets. Everyday. f Business Times %+|+)_!,+$$*-$!`!}/:@!<,$>,_=$)
      22 words

  • Page 26 Advertisements
    • 415 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF T3S ASIA PACIFIC PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company
      415 words
    • 376 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF EOWATOR ENGINEERING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chepter 50, that Ihe FINAL MEETING of the Members of the abovenemed Company wil
      376 words
    • 381 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HORIZON DEVELOPMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, ftat the FINAL MEETING of the Members of the abovenamed Company wil
      381 words
    • 635 26 BUSINESS TIMES NOT ICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 IN THE MATTER OF ABHIMATA PERSAOA PTE LTD (In Membara' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Saction 290(2Xb)] At an Extraordinary Ganaral Meeting of the Company held at JL.R.P. Soeroso No 24, Istana
      635 words
    • 310 26 IN THE MATTER OF THE COMPAMES ACT, CHAPTER 50 AND IN THE MATTER OF DURI SMPPMG PTE LTD (Members' Voluntary Wndrg Up) At an Ejdraontnary Ganaral Meetng of toe abovenamed Company deemed to have been held on Sake da J, 31 December 1994, toe toaonwng reeoMions ware duly RESOLVEDSPECIAL RESOLUTIONS
      310 words
    • 318 26 IN THE MATTER OF THE COMPANIES ACT. CAP.SO And IN THE MATTER OF ASIATIC CREDIT CORPORATION PTE LTD (Members' Voluntary Wtodng Up) At an Ertaordnary General Meeting of toe abovenamed company duly oonvenad and held at Ljppo Centre, Lppo Tower, 40to Boor 86 Queensway Hong Kong, on Saturday. 31 December
      318 words
    • 416 26 IN THE MATTER OF THE COMPANIES ACT. CAPSO And IN THE MATTER OF BOBBY CHNG PTE LTD (Members' Volunlary Wndng Up) At an Extreorxftnary General Meeting of the abovenamed company duly convened and held at 47 Hi Street •06-02 Chnese Chamber ol Commerce Industry Bukfng. Singapore 0617. on Saturday. 31
      416 words

  • SHIPPING TIMES
    • 453 27  -  By Rahita Elias SINGAPORE Tanker owners can look forward to a better 1995, says the International Association of Independent Tanker Owners (Intertanko). Intertanko's senior economist Erik Kanheim said in a statement issued from the association's base in Oslo last week:
      453 words
    • 267 27 KnightRidder NEW YORK The tanker market is starting to perk up as more refiners step up their buying, brokers said on Wednesday. They said stiff insurance requirements for tankers transiting in US waters are not disrupting the flow of imports into the US. Traders
      Knight- Ridder  -  267 words
    • 242 27 Reuter CALCUTTA India has investment proposals worth more than US$4.O billion (555.9 billion) to develop its ports under a privatisation programme, Surface Transport Minister Jagdish Tytler said yesterday. "They are under various levels of consideration," Mr Tytler told a Calcutta seminar. India, inviting private and
      Reuter  -  242 words
    • 1030 27 Page Col ABC Containerize 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 Ahlers Line 13 S Ahrenkiel Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 AFL 18 1/2 Appcnship 4 4/5 Arabian Express 15 4 ASCI 5 5 Astro
      1,030 words
    • 429 27 Knight-Ridder LONDON Inspectors detained 93 foreign-flagged ships at UK ports between May and November, the UK's Marine Safety Agency said on Tuesday. Details of the vessels, detained after failing port state control inspections, have been appearing on monthly listings, the
      Knight-Ridder  -  429 words
    • 184 27 Knight-Ridder LONDON The 11,568-deadweight-tonne freighter Midas Ocean, whieh was reported to be unmanned and adrift south of Japan, sank on Monday, according to Lloyd's Intelligence. The chief officer on board the Honduran-flagged vessel, which was on a loaded passage from Naru to Inchon with
      Knight-Ridder  -  184 words
    • 232 27 AP PERTH, Australia The Maritime Union yesterday refused to rule out a strike in Western Australia to back 19 Singapore sailors fighting for U*****,000 (*****.000) in back pay. Maritime Union spokesman Terry Buck said the owners of the Singapore cargo ship had
      AP  -  232 words
    • 1057 28 THE Baltic Freight Index eased one point to 1,964 in extremely quiet trade with no fresh fixtures emerging, but shipbrokers reported continuing enquiries. There were not many vessels around and one broker described the trade as "pass the parcel business" where charterers mostly engaged in arbitrage. "Everybody is
      1,057 words
    • 119 28 COURSES Title: Sea Transport (SDF 70%) Duration: Jan 11 Apr 19 Organiser: Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Standard Trading Conditions (SDF 70%) Duration: Jan 17 Mar 7 Organiser Singapore Freight Forwarders Association Tel: For further details
      119 words
    • 818 29  -  Catherine Wilson reports on the huge orders for new cruise ships Catherine Wilson AP A CREW on an elevated platform touches up the white paint near the ship's name. Installers spread their tools on a vibrant abstract-pattern carpet in a lounge. A contractor uses
      AP  -  818 words
    • 13123 36 Page II 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. LE6END PN:
      13,123 words
    • SHIPS IN PORT
      • 684 39 V—«•! Voy Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departure JutWIg Port Batam Speed4 004%* P01A 0601 2030 0601/2230 **Aa tava A58 II alcngs«Je 06 01 0600 Batam Sp«tJ*) A0495* P01A 0601' 1200 0601/1400 Vita* 02 13 alowsrie 06.01 0600 Batam Speetfi ****** P01A 0601
        684 words
      • 1613 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Deceiving of export fcl containers and lcl cargo f Record Bookint/Balance Rslts flhip Voy No Etb/Btr Period From To From lux 0396 06/2359 IB 05/1400 05/1659 05/1900 2A 05/1700 06/0659 06/0900 3 06,0700 06/1159 06. HOP <fc, Lotus 060* 07/1100
        1,613 words
    • AIR AND LAND TRANSPORT NEWS
      • 357 46 Bloomberg Business News ATLANTA United Parcel Service on Wednesday said it signed an agreement to acquire Sonic Air, one of the United States' largest same-day or next-flight-out delivery concerns. The planned acquisition, terms of which were not disclosed, would add a new
        Bloomberg Business News  -  357 words
      • 389 46 Reuter DETROIT Chrysler Corp, the company that changed the face of suburban travel more than a decade ago with a boxy vehicle called the minivan, unveiled a new version on Wednesday that bears little resemblance to the original. Chrysler chairman Robert Eaton, introducing
        Reuter  -  389 words
      • LOG BOOK
        • 107 46 Knight-Ridder LONDON The 9,750 dwt refrigerated cargo vessel Frio Chile is taking on water, to the east of Honshu, Japan, according to Lloyd's Intelligence on Wednesday. The Cypriot-flagged vessel, which is carrying a cargo of frozen squid, is said to be still afloat,
          Knight-Ridder  -  107 words
        • 85 46 Knight-Ridder LONDON The 6,810 dwt container vessel Trade Hope was in collision with the freighter Petro Helen, on Tuesday, in the vicinity of the northern passage of Corregidor Island, east of the Philippines, according to Lloyd's Intelligence. The Cypriot-flagged Trade Hope, which was en
          Knight-Ridder  -  85 words
        • 104 46 Knight-Ridder LONDON The 1,473 dwt Gudrun II collided with the 23,785 dwt bulk carrier Ziemia Lubelska, at 0345 hours, on Monday, according to Lloyd's Intelligence. The incident occurred east of buoy K. 5 of the Kiel lighthouse. The German-flagged Gudrun 11. which was en route
          Knight-Ridder  -  104 words
        • 71 46 Knight-Ridder LONDON The 3,212 dwt freighter Superiority lost its deck cargo of timber, about 68 nautical miles east of Eyemouth, UK, at 2115, on Sunday, according to Lloyd's Intelligence. The Brit-ish-flagged vessel is reported to be in no danger, despite strong winds and heavy
          Knight-Ridder  -  71 words
        • 65 46 Knight-Ridder LONDON The 6,449 dwt container vessel Alum Bay dragged its anchor at Kumkapi, at around 1200 local time, on Sunday, and drifted into the 2,874 dwt ro-ro vessel Serenity, according to Lloyd's Intelligence. The German-flagged container vessel, which was en route from Piraeus
          Knight-Ridder  -  65 words
      • 202 46 Bloomberg Business News FRANKFURT Lufthansa Cargo AG, the freight unit of Deutsche Lufthansa AG, may seek to buy stakes in. or form alliances with, other airlines to expand its reach, Lufthansa Cargo chief executive Wilhelm Althen said on Wednesday. Lufthansa Cargo has joint
        Bloomberg Business News  -  202 words
      • 289 46 Washington Post DETROIT Almost every car on display at the 1995 North American International Auto Show here is "new and improved". Almost everyone has a new and higher price. "Who is going to buy these things?" asked Dennis Virag, waving a
        Washington Post  -  289 words
      • 239 46 Bloomberg Business News HONGKONG Air Hongkong. a freight carrier 75 per cent controlled by Cathay Pacific Airways, on Wednesday said it is reducing its fleet by one-third to two Boeing 747 freighters and firing nine aircrew to stem substantial losses.
        Bloomberg Business News  -  239 words
      • 1740 46 City H» ETA W* Citi Ffht CTA F10* HT> Ab« Phabi GA976 2355 BI95 2325 Adelaide Qf8l 1930 QF82 2050 Frankhwt SQ25 0645 SQ326 2220 SQ227 2230 LH772 1615 LH773 2359 Amsterdam KL837 1540 KL844 0115 Fukuoka SQ989 1705 SQ990 0125 ***** 1710 S 2335 6—-
        1,740 words
  • Page 27 Advertisements
    • 54 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Cruise lines see good times ahead, Pg 3 United Parcel Service in deal to acquire Sonic Air, Pg 20 Lines and services represented by Members of the Registry of Accredited [£Hoa*] Shipping Agents, Singapore National Shipping Association. N For advertising enquiries, contact
      54 words
    • 29 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE f Business Times WE KNOW ASIA
      29 words

  • Page 28 Advertisements
    • 2175 28 T P« li f J^HB|E||E|j££ij£|S^Ayidß3lCKfi|SLlJ^JKU^^^ffifß9V9RfßHßMJH||||W|M iZXPtJsIT,,,. IMPORT.... IMPORT.... tJI I NORTH AMERICA I I OTHER DESTINATIONS I I NORTH AMERICA I 1 K, MHKCT CALL TO WMKF COAST KOft TO EAfT COAST SOUTH AMERICA SERVICE SWQAFORE CAUFORNIA EXPRESS (MRKCT WW WlfT COAST) 3 VESSEL VOY STORE U OAK VCR SEA
      2,175 words

  • Page 29 Advertisements
    • 1105 29 Hi SEALORD SHIPPING AGENCIES VSL/VOY ISI I PSO I DXB I SHI KWW I AUH I DMN I BAH I DQH 1 j fit VQT SIH I BP I BUM II YSL/WT I SH I CMB I ID mum am j/i 23/1 21/1 23/1 25/1 2«/ i 24/1 25/1 27/1
      1,105 words
    • 419 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) FROM AUSTRALIA (BAST COAST) vessel/vot "iri «g "scr bm sro meb m ho Kssa/vov mc sro ws mm *t scr frc ft GOWft 1« (2/01 OC/01 01/(1 M/«l 21/(1 »/il M/il ft IftTMUMTft MM 22/12 21/12 11/01 14/01 15/01 ft MTMMT*
      419 words

  • Page 30 Advertisements
    • 1407 30 P™AOABA ROAM/ CI VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE HOECHST EXPRESS 18/352 7n 16/1 23/1 25/1 2§/J Ml KITANO 28/101 11/1 28/1 31/1 29/J STUTTGART EXPRESS 07/301 15/1 23/J 30£1 1/2 6/2 §£2 KIRISHIMA 08/102 18/1 4/2 111 DRESDEN EXPRESS 20/302 21/1
      1,407 words
    • 410 30 I S pore P. Kelang Loading for CELTIC 5/1 7/1 Rdm /Atw/UK/Names H OSMARE 7/1 9/1 Rdm/Atw/UK/Nantes 'Loads E./W. Malaysia. Indonesia I Loading for ENERGETIC Dubai/Bahratn/Damman/Kuwait fl SEA VENUS Hodeidah/Jeddah/Aqaba •Loads Singapore. E./W. Malaysia. Indonesia I Loading for DONA V Los Angeles/New Orleans/ I Charleston/Norfolk/Camden OCEAN EVER Los Angeles New
      410 words
    • 1208 30 I NORASW S£A INITIATIVE 45?* 08/01 26/01 29/01 30/01 30/01 31/01 31/01 01/ 02 #1/02 #2/02 I «t T fso2°3 IS/01 Ofi/O? ?«/2 04/02 04/02 05 02 05/02 08 02 06 fj? 2 I c£i*?!/« 12'2f 11/02 11/02 12 02 12/02 13/02 13/0? "P 2 I vnl 02/0? 12/Jf 20/02
      1,208 words

  • Page 31 Advertisements
    • 1743 31 STRAITS SHIPPING PTE LTD JfiSH 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line EawaMlißmmWMWMßMVmam <a service of china navigation co) CARGo" DUE S/ULS I II CI MAGA 111 30V9501E Muara. lab, KM 06 07 lan 01 I*l 09 lan FCL, LCL
      1,743 words
    • 2947 31 w TEO M Singapore Agent: KrWl I I .AjflFjll fipfC P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. #07-01 keppcl Towers. Singapore 0208 First Class Connections WORLDWIDE cr i RS ***** PNOCSP-Fa 225 5327/222 75,7 EXPORT IMPORT VftSCL VOV •PliO -WCO WN SOU ANT lIOT MAM OOT BAE
      2,947 words

  • Page 32 Advertisements
    • 559 32 r?D JOINT VENTURE WV SAMUDERA INDONESIA SIR RICKMERS SINGAPORE CHINA £*EEN ERA VOT 3NB 12 JAN QINGOAO DASA SEPULUH VOY 3NB 08 FEB XINGANG SHANGHAI INDUCEMENT CALL P.KEIANG INDUCEMENT CALL HK, P GUDANG, BELAWAN, TG MAM XIAJ€N, ZHANGJIGANG S UTAMA HARTA WEEKLY FULL CONTAINERSHIP FEEDER VESSEL NAME VOY SIN P.
      559 words
    • 1377 32 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM VSI SM I IBE HMJI Sl* W POX P0« Wl SW IIK HAUL SAV IM BYC HAN (IN BREMEN 014E 13 1 MttCt 2/2 3/2 4/2 HANJ« PGHANG 1531 14 1 H BARCELONA 021E
      1,377 words
    • 1380 32 Im scr use we mc «s «i o» w no ui us w nc un w» m nr w psd cm h.»| tGUAWRtOAJ VI UIISI 17 1 IJ/1 IJ/1 Z2l 24 1 25/1 26 1 27/1 1 2 IS/2 20 222 2 23/2 5/3 1/3 7/3 17/3 171 1)1 I
      1,380 words

  • Page 33 Advertisements
    • 2996 33 VARNA (BULGARIA) CONSTANTLY (ROMANIA) VIA UMASSOL 3 SAILING PER MONTH ■*4 Sln*aporet Central Agont*: Tel (Cenertl) *****00 Sain/Booking: Agency Oopt: ni 1C fc PACTAD CUIBDIUr OTC ITn r lOooorat): *****66 Container: *****41 844 Container Src— B/t: Oporatlon— Con I jin«r *****15 LOSTAR SHIPPING PTE LTD Tolou: ***** COSHIR CowmHom/: *****50
      2,996 words
    • 464 33 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0103 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 09/01 ROTTERDAM 10/01 AARHUS/COPENHAGEN 09/01 HAMBURG/BREMEN 10/01 MARSEILLE/FRANCE 10/01 FELIXSTOWE/UK 09/01 BARCELONA/SPAIN 13/01 LEHAVRE/FRANCE 10/01 GENOA/ITALY 07/01 ANTWERP/BELGIUM 10/01 LOS ANGELES/WC/IPI 13/01 SYDNEY/MELBOURNE 08/01 i NEW YORK/EC 13/01 FREMANTLE/ADELAIDE 07/01 VANCOUVER 13/01 BRISBANE 08/01 TORONTO/MONTREAL
      464 words

  • Page 34 Advertisements
    • 1315 34 HlnTfT^ tM r ™T" ,mm TW g wcocci WW SINJKTS MS j ■—Til IfA 7 a rMMMMM i VEBSEL =r 1 1 vessel voy sin pen 1 ISRA BHUM W#d 11/1 i SIRI BHUM 5003 Fri |IN PT Sat I 7/1 MS VESSEL VOY 8N BKK |l BHATRA BHUM 638
      1,315 words
    • 1418 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANG PENANG WtSSEL VOY SIN PKL VESSEL VOY SW *PEN ****** 6 1 tFW) 8 1 (SON) MCC CONVtYOR 4007 6 1 (FRli 81 (SUN) StA LAUREL 351N I I (SUN) 9 1 iMONi
      1,418 words

  • Page 35 Advertisements
    • 694 35 i;r All.. ADVANCE CONTAINER LINES (PTE) LTD I :——API Ksan/^smnmßi K —1 I BANGKOK I 1 JAKARTA I I PAT 5 DIRECT SAILINGS/WK DIRECT I BMT 2 SAILINGS/WK ~4 3Lr.r I LCH 1 SAILINGS/WK 3 SAILING/WEEK :If PORT KELAWG 1 1 SURABAYA 1 DIRECT jj 4 SAILINGS/WEEK 2 SAILINGS/WEEK ■1
      694 words
    • 963 35 vessels T vot im it mm hambubg thamis ro iieho am ~~j~ ANiwtnf "wuFoTwU VMM 08/01 ill 01 W/Ot 31/01 01/02 02/02 MILE Of TIT ANA TO7W 14/01 03/02 05/02 07/02 00/02 09/02 MUE DC TUCANA UO7W 10/01 00/0? 10/02 12/02 13/02 14/02 MLU M IMA LO7W ~__*Lol_ IV>* 17/02
      963 words
    • 571 35 BSA M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Range®) Spore P.KI| Pen PGdf HPA-AN V2O7W 10/12 tan —.J PAGAN V2I7W 15/18 lan MAUTSU AGENTS BOUSTEAO SHPPWG AGENCCS RUL TEL 02 03 *****00 PKI: TEL 02 03-3(8(7(7 PEN: ta 02 04-*****2 PGD: TEL 02-07-*****21/4 NIGERIAN NATIONAL: SHIPPING
      571 words



  • Page 38 Advertisements
    • 1737 38 TO EUROPE FROM EUROPE moci Iwlwl Monura. \mm\ uh rtm Ihml w ~7ii~ wi Im I iiw Iw I nai WJmi —42H/*****nr ITTT m. EURCW 247T 0101 21.01 22.01 23.01 25.01 20.01 WIAMI ISM MOl 05.01 wOl 1211 1711 gg/ttM MM/MM "070T ~O7OT HWWOM 2404~ ~MoT 20.01 25.01 30.01 01.02
      1,737 words
    • 377 38 ASIA HKG/TWN/BKK GENOA/EUROPE i PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 6/1 7/1 8/1 HKG/BKK/KEE/KHH G'burg/Chagen/S'hotm/Oslo 10/1 11/1 12/1 < 9/1 10/1 11/1 HKG/BKK/KEE/KHH Piraeus 9/1 10/1 11/1 13/1 14/1 15/1 HKG/BKK/KEE/KHH Ldn/Fb/Rtm/Ant/Ham/Leh 7/1 8/1 9/1 RECEIVING TO G —H 6/1 7/1 8/1 SHANGHAI/DALIAN JPN/KORE A/MANILA XIAMEW/BCIAWG U/1 ,2/,
      377 words

  • Page 39 Advertisements
    • 22 39 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday SINGAPORE f Business Times WE KNOW ASIA
      22 words
    • 240 39 I VESSEL VOY SIN MAA SIN I TIGER BAY 126N 09-10/01 15-22/01 27-28/01 TIGER SPEED 314N 13-14/01 19-25/01 30 31/01 TIGER ISLAND 127 17-18/01 (FOR DISCHARGE ONLY■ CAPE HERMES 204N 16-17/01 22 28/01 02 03/02 I TIGER CAPE 013 20-21/01 26 02/02 07-08/02 TIGER BRIOGE 315N 23 2S/0I 2904/02 09-10/02
      240 words
    • 391 39 V- D DONGNAMA LINE COWTAINERIBED SERVICE BTRAITB/BLW/INC/SBN *Hll (MSS) S& W BIN PNG INC BSN TUISWS MI4H 12/(1 14/« IVW 25.01 21/01 SAMMC HUM* MIK It'll II 01 11/(1 20/(1 M 01 02/(2 MSTION rtom 21/(1 21/(1 25 01 M 02 01/(2 MAM VSOIN 29/01 11/(1 (1/(2 (2 (2 12/(2
      391 words
    • 429 39 t"^^RICMnELOIEIRINtjKEIIciC^S^T^^D TEL: *****33 (12 Lines) i—t FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ETHIOPIAN SHIPPING LINES f (National Lints (4 Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vnnl Voy ETA Loading For Sport Abbay Wonz 42W8 25/01 Mombasa. Dfibouti Assab. Massawa Andmet 38WB 20/03 Mombasa. Djibouti Assab.
      429 words

  • Page 40 Advertisements
    • 1709 40 ■E3imi!Ea U. S. A. /CANADA 3 TIMES A WEEK SL VOYAGER V.224E ETA SIN 9TH JAN 95 LUNA MAERSK V.9502 ETA SIN 12TH JAN 95 METTE MAERSK V. 9502 ETA SIN 12TH JAN 95 Vessel Voy ETA ETD DESTINATIONS Next week METTE MAERSK V 9502 CPS n/01 2359 MRS OAK
      1,709 words
    • 775 40 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala iDoqharum C.1.5./RUSSIA: Alma Ala. Ashkhabad. Baku. Dushanbe. Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov Moscow. Sochi Novosobvsk, Tashkent, Tbilisi, Vladivostok. Vostochny, etc. N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ville De Vela V.O6W 08/01 20/01 Ville De
      775 words
    • 807 40 TO E. CANADA US ATLANTIC US GULF LOADING VOV SPORE P KELANG HALIFAX N YORK NORFOLK N ORLEANS MOBILE TAMPICO HOUSTON HOEGH DYKE 0628 11/12 Jan 13/14 Jan 24 Feb 27 Feb 2 Mar 8 Mar 11 Mar 14 Mar 19 Mar HOEGH CAIRN 0128 31/1 Feb 2/3 Feb 16
      807 words

  • Page 41 Advertisements
    • 483 41 IW M M ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG WEAKBUU/SOC CARGOES TO/FROM KOK. YOKOHAMA, NAGOYA. MOi. TOKYO*, MAN*.** OAKAO*. Penanj* P. Kelanj Sin(iport E'Msia* KAMALEVERETT W24E 14/15 lan 16/17 KARABCVERETT V2IE 21/22 Frt KAMALEVERETT V2SE 12/13 Mar ACCEPTMG BKAKBUU/FCI/SOC CARGOES 10/ FROM CHTIAGONG, CALCUTTA AMO MONGLA* i Singapore P.
      483 words
    • 189 41 Pjl GLORY NAVIGATION CROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SEIATAN VII 3/1 9/1 11/1 13/1 GLORY SELATAN X 3/1 10/1 12/1 14/1 SIN KOMPONG SOM GLORY SELATAN VIII 8/1 11/1 SINGAPORE ASEAN
      189 words
    • 557 41 Mfct PAKISTAN NATIONAL yy/ SHIPPING CORPORATION A CONTAINER SERVICE VO V SIN KMACH ihakran 153 hw O*/O> W Ol aam 144 HW 10/01 zo/oi HYPERABAC HLHW 07/02 12/02 SARGOOHA IS7HKK 21,0 2 02_03 *HI Ml CMI Ml (WIS sacCT 10 WUCUWT FAR EAST CONTAINER SERVICE ONLY S»T" HKG BSN OS*
      557 words
    • 739 41 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESS£L/VOY ETA SIN ETA MAA MV SEA DRAGON V *****7 07-08/01 13-14/01 MV TIGER BAY V.126N 09-10/01 15-22/01 MV PRAVDINSHV.iI 1112/01 17-18,01 MV BUNGA TERATAI V.TERO2S 12-13/01 18 19/01 MV TIGER SPEED V 314N 13-14/01 19-25/01 MV CAPE HERMES V.204N 16-17/01 22-28/01 MV
      739 words
    • 311 41 SIN FAR EAST 10/1 KEELUNG/KAOHSIUNG 8/1 BANGKOK 8/1 MANILA CEBU 8/1 JAKARTA/BELAWAN/SURABAYA 9/1 PORT KELANG/PENANG/E. MALAYSIA 8/1 BUSAN 8/1 TOKYO/YOKO/KOBE/NGO/OSA 8/1 HONG KONG SIN CHINA 8/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN /SHANTOU/SHEKOU DALIAN, SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 9/1 LDN/FLX/LVP/SOU 9/1 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ ■I Hungary/Romania/Poland/Bulgaria/Czech. S]N
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  • Page 42 Advertisements
    • 740 42 V.3;» "I" S FIXED k I WEEKLY J|A|^ SAILINGS m Tel: *****95 Fax :261-0978 \'A (5 GP SHIPPING PTE LTD MgLBOURNE J I Call: Kenny/Mas/Peter Vtt S« FREM MELB SYO AUCX LYTT 55m 340 it/oi II 20/01 31/01 OC/02 09/02* CIIEN HUM "MI 04/02 11/02 17/02 20/02 2C/02 27/02 MUSSEL
      740 words
    • 493 42 Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 18 JANUARY (Accepting lo all N«w Zealand porta) PENAN6 13 JAN JAKARTA 08 JAN PORT KLANG 12 JAN MANILA 08 JAN BANGKOK 08 JAN MELBOURNE 12 JAN SYDNET 12 JAN BRISBANE 19 JAN FREMANTLE 12 JAN ADELAIDE 15 JAN 14 JAN I
      493 words
    • 973 42 WE MOVE TO SERVE YOU BETTER! f Singapore first Forwarder in From 3 January 1995, we are at... i^whbVumja 3 MARITIME SQUARE cfc. #08-00 CABLE CAR TOWERS rOl SINGAPORE 0409 I Q?1 f) I TELEPHONE 561 1668 FACSIMILE 272 9838 INTERNATIONAL SEA FREIGHT fk Also has offices in:- and logSlcsSvices
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  • Page 43 Advertisements
    • 1734 43 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street *16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R m Y.S.N. inn Ve«»el Voy Hong Kong Singapore P. Helena Penang oriental Pride 74 Sailed In Port 10-11/1 12-12/1 I Rigel 11-11/1 12-13/1 Chief Of Cherokee
      1,734 words
    • 376 43 /dfcv CEYLON SHIPPING CORPN (&S*r) National Line of Sri Lanka r CONTAINERISEDSERVICE TO I K AND VMB fH CONTINENTAL IDRTS |OT|«|aolia|HM<|imlißii[Mi! XI NTUIIW 4SCTI 7/1 no waioM (ftw 'ZL Jill hq«»SIA mm wn n/i__u/j Ll— Li—!£L WD TOKYO OMW-I 14/1 MMM DKL BB I>/1 21/1 WD KHIUW6 WW 1 WD
      376 words
    • 758 43 II gL I NEPTUNE ALEXANDRITE 15W' ETA SGP 07/01/95 I] fit I eta rdm 23/o1 flx 24/01 II I I BRE 26/01, LEH 28/01 II EXPORT SINOAPOWE CALIFORNIA EXPRESS (SCX) TOi USWC CANADA VtSStL SCP LOS OAK VAN S£T ATL CCG MOO MPH PLD TOR MOM KASUGA I «0E 11
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  • Page 44 Advertisements
    • 1618 44 I 'vlpr american president lines, ltd. r, r. 4 19 HEP**l ROAO -02 01 JIT POH BtIUDtNC SINGAPORE 0208 TEL 225 9966 F«i 231-4922 ALSO OFFERING SERVICE TO/FROM •PRC *CIS 'VIETNAM *EAST RUSSIA < 'CARIBBEAN *LATIN AMERICA *EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY 'TO NORTH AMERICA A CANADA
      1,618 words
    • 2086 44 AS AGENTS "K" LINE (SINGAPORE) PTE LTD (C* NO: **********0M/GST REG NO: M2-*****99-G) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I iVr M MALAYSIA LINE MARITIME (MALAYSIA) SON BHD I M M M J TEL SA *****00 PK *****75 PEN *****20 JB *****0" PGU *****25-'6 INDONESIA: P.T. SARANA LAUT
      2,086 words

  • Page 45 Advertisements
    • 490 45 4 HYUNDAI MERCHANT MARINE CO. LTDWESTBOUND TO EUROPE BKG: *****61 ~m j~PKE PGD VESSELS VOY SIN RTM ANT LEH HAM BREJ FD~~| "04/01 06/01 07/01 SI FREEDOM 314W wTifi ***** 29/01 28/01 29/01 29/01 31/01 11/01 13/01 14/01 H. COMMANDER 313*1 16/01 03/02 05/02 04/02 05/02 05/02 07/02 18/01 20/01
      490 words
    • 375 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I RORO CARRIER SPECIALIZE IN HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS WCSSCL "ioT SM PK 10A0MG FOR CHAMPION TRADER 42 2/1 PASM GUDANG 4/1, MNTW.U 1/1 TANJUNG MAMS 11/1 XUCHMG 12/1 COSMIC TRADER S3 C/l 1/1 «N*NC 18/1 ORfNT LIT
      375 words
    • 608 45 JEDD AH/UK/CONTINENT ■wmti cwtt *7°** lEH Aiu Acctphn| Cnjo F«: S«lSo 2«/?oi ii/i "{I 1/1 to MIK tatiutm B«Hnt aid tabtr S«r*MA M 0? !i/l W I'i *•♦»«<'»' Am»todj«i. Otic Hrtanki KVubrMM uB 10? 11/1 4/2 7/2 9/2 Southtfrotor to al IM rvstritw vwi rkMr WfiSDEN ((PRESS 20/302 30/1 Rattcrdan
      608 words
  • Page 45 Miscellaneous
    • 303 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 ft 1.6 2.3 2.6 2.6 2.5 2.1 1.6 1.2 1.0 1.0 1.1 1.5 2.1 2.7 3.0 3.0 2.7 2.2 1.6
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  • Page 46 Advertisements
    • 4 46 I I INVESTMENT I
      4 words
    • 82 46 |:\*+)/?;[>'^=}%{"'")+']?{*`,%| STRAITS/NEW ZEALAND SHIPPING CONFERENCE NOTICE TO SHIPPERS TERMINAL HANDLING CHARGES fTHC) IN MALAYSIA Shippers are hereby informed that Members of the Straits/New Zealand Shipping Conference have decided to revise the Terminal Handling Charges (THC) in Malaysia to the following levels vuth effect from 1 February 1995: FCL: RM255/20* Container
      82 words