The Business Times, 14 December 1992

Microfilm: NL18512
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA (P) 552/12/92 Monday, December 14, 1992 THE BUSINESS T5«
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  • NEWS SUMMARY
    • Article
      Chinese central bank sees 6pc inflation for 1992
      58 1 BEIJING China's inflation rate is likely to be around 6 per cent this year against 2.9 in 1991, the vice-governor of the central bank, Chen Yuan, has told the China Daily. He said there was "some indication of inflation" and the People's
      58 words
    • Article
      Taipei expects growth to surpass 7pc
      62 1 TAIPEI Taiwan's economic growth rate is expected to be well over 7 per cent next year due to a general improvement in the global economy, the Economics Ministry said yesterday. It made its optimistic prediction based on a possible revival of economic growth in
      62 words
    • Article
      Poised for growth
      33 1 THE Singapore economy, which rebounded in the third quarter, will continue on the upward path and hit 5.5 to 6 per cent growth in 1993, predicts Merrill Lynch Page 2
      33 words
    • Article
      Overstayers in M'sia
      34 1 CITIZENS of India, Pakistan, Bangladesh and Sri Lanka will need local sponsors to enter Malaysia following findings that people of these nationalities often overstay, according to press reports yesterday Page 7
      34 words
    • Article
      Investments wanted
      33 1 CHINA is seeking huge foreign investment to convert its military plants to civilian production and has decided to throw open its once top-secret nuclear facilities, a newspaper said yesterday Pag® 8
      33 words
    • Article
      Still going strong
      44 1 NEARLY half of US business leaders think that the American economy is in good shape and six in 10 expect it to improve further, up sharply from earlier this year, according to a New York Times/CBS News opinion poll Page 9
      44 words
    • Article
      Showdown looms
      29 1 THE Malaysian government's move to curb the rights and privileges of the country's once-revered monarchy puts it on a possible collision course with the rulers Page 11
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    • Article
      Power struggle
      36 1 ARE you the kind of boss who squirms at the very mention of the word empowerment? Allan Walker and Kenneth Stott on why it's a concept that's really more helpful than harmful Page 15
      36 words
    • Article
      Pirate attack
      24 1 PIRATES attacked a general cargo vessel last week and escaped with HK$l9 million (Sss million) worth of cargo. Shipping Times Pg 1
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  • MARKET SUMMARY
    • Article
      SSL partnerships
      45 1 STRAITS Steamship Land, the listed property arm of the Keppel Group, is looking for more partners and property projects in Indonesia. SSL was interested in all types of property projects and not just hotels or resorts, general manager Kevin Wong said Page 3
      45 words
    • Article
      Compensation fund
      42 1 THE Kuala Lumpur Stock Exchange has proposed establishing a fund dubbed the Compensation Fund to financially assist investors and stockbrokers alike in the event of a stockbroking firm becoming insolvent. This is aside from the statutory Fidelity Fund Page 3
      42 words
    • Article
      Good move
      34 1 AUSTRALIAN-BASED food group Goodman Fielder Wattie Ltd has just completed a major new Indonesian project and is set to emerge as one of Indonesia's largest edible oil and margarine producers Page 4
      34 words
    • Article
      Hopewell tie-up
      33 1 HONGKONG-BASED Hopewell Holdings Ltd has brought in three foreign funding institutions as partners for its US$BBB million (Ssl.4 billion) power plant, the biggest build-operate-transfer (BOT) project in the Philippines Page 4
      33 words
    • Article
      Chinese bank reforms
      35 1 CHINA'S banking reforms will eventually include floating interest rates, a convertible currency and foreign banks competing head-on with domestic counterparts, a top central bank official was yesterday quoted as saying. Page 6
      35 words
    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 683.05 +1.53 Kuala Lumpur ....635.26 +1.32 Tokyo 17,441.02 -60.28 Hongkong 5,253.18 -20.61 Sydney 1,500.7 -0.6 New York 3,304.08 -8.11 London 2,716.2 -10.3
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    • Article
      CURRENCIES
      24 1 Exchange rates us$ S$ SSl.63 100 Yen SS 1.3226 MS SS 0.6441 Money market rates Overnight 1 6/8 +1 1/8 3-month 2 unch
      24 words
    • Article
      COMMODITIES
      28 1 Rubber S'pore Jan 147.75*/kg unch M'sia Jan 226.50»/kg unch KL Tin Turnover 54tonnes -7 Spot MS 14.37/kg +6 Crude palm oil Turnover l,3541ots -228 Feb MS917/tonne +8
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  • Article
    Local PC makers widen operations amid price war
    635 1  -  Moves include buying into other firms, tie-ups abroad By Joseph Rajendran SINGAPORE The price war raging in the personal computer industry has forced local companies to adopt more aggressive strategies to strengthen their positions. Prominent among them are ACS Computer, IPC Corp,
    635 words
  • Article, Illustration
    Lock icon Community leaders launch US$35b growth package
    390 1 Edinburgh EC Summit Reuter EDINBURGH European Community leaders have launched a "growth initiative" designed to inject more than US$35 billion (5557.4 billion) of new investment into flagging economies but said they are determined to clamp down on budget deficits. Leaders hailed the package, designed
    Reuter  -  390 words
  • Article
    Lock icon Tax breaks for Taiwan's hi-tech firms
    174 1 Reuter TAIPEI Taiwan will offer a five-year tax holiday to high-technology companies in order to upgrade the island's industry and deter major corporations from moving operations abroad. Investments in industries such as aerospace, advanced materials semiconductors and pollution control will be exempt from corporate
    Reuter  -  174 words
  • Article
    Lock icon Clinton picks Democratic Party chief as Commerce Secretary
    399 1 AFP LITTLE ROCK, Arkansas President-elect Bill Clinton has nominated Democratic Party chairman Ron Brown to be his Secretary of Commerce and longtime friend Thomas McLarty as White House Chief of Staff. "Global leaders will know that we are ready to compete and
    AFP  -  399 words
  • Article, Illustration
    Talks on Astra shares likely to be settled this week
    501 1  -  Deadline for rescue package expires on Friday From Maggie Ford in JAKARTA NEGOTIATIONS over the purchase of shares in PT Astra International, the Indonesian conglomerate owned by the Soeryadjaya family, are expected to reach a climax this week. On Friday,
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      229 1 111 sir j* MIKIMOTO k 1 t'jf KAMPOOLI 1 '17 'h 11 Willi us m tiv i u...id 0 M' #"l .I" I 1.1/ I >,'/ K i.."ikl I I.h.i) S.niMp.i.■iw:* M Uh-nsi fcrcratt Schedule 27 Management Enterprise Weather 27 Commodities 26 14,15 World News 8,9 Company News 3.4 Money
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      14 1 Hock Lock Siew: S'pore institutions should follow GICs lead in global equities, Pg 3
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      Page 1 Advertisements Column 3
      128 1 There's no place like home with Dulux. THE WORLD S NO 1 PAINT Danish PM must now sell new deal to his people, Pg 9 Analysis: Facade continues to crumble, Pg 11 Focus: Profiles of Ronald Brown, Thomas McLarty and Laura Tyson, Pg 12 Remember when flying made dreams come
      128 words
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  • PAGE 2 NEWS
    • Article
      S'pore economy set to grow further: Merrill Lynch
      562 2  -  Stronger exports, higher foreign investment earnings will act as springboard By Chung Peck Ming SINGAPORE The Singa-'-pore economy, which rebounded in the third quarter, will continue on the upward path and hit 5.5 to 6 per cent growth in 1993, predicts Merrill
      562 words
    • Article, Illustration
      Help me stand tall as your leader, PM urges voters
      406 2 Marine Parade GRC by-election SINGAPORE Prime Minister Goh Chok Tong last night rallied Marine Parade GRC voters to help him and his team fight the competition they were facing not the opposition parties but other countries in the global contest
      406 words
    • Article
      SDP wants CPI to be worked out differently
      276 2 SINGAPORE The spending patterns of different social groups in Singapore should be measured separately in calculating the consumer price index, said a Singapore Democratic Party candidate yesterday. Ashleigh Seow, who is contesting the Marine Parade; Group Representation Constituency together with Low Yong
      276 words
    • Article, Illustration
      NSP speaks out against consumption tax
      275 2  -  Reports by Chuang Peck Ming, Anna Teo,Shoeb Kagda SINGAPORE A consumption tax will hurt lowincome Singaporeans, said National Solidarity Party candidate Paul Yong last night. The government, which might introduce the tax after the by-election, should just forget about it, he told the audience
      275 words
    • Article
      No need for opposition checks: Hng Kiang
      206 2 SINGAPORE The People's Action Party government exercises power judiciously, is broad-based, meritocratic and squeaky clean. There is therefore no need for any opposition to check it, maintains Minister of State (National Development) Lim Hng Kiang. Addressing PAP cadres at a party conference last
      206 words
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      158 2 IWFy; fej 9 [j _j i si ■A rffflnjlw*^ s»sr —7 IVv ftk V Last Year, Korean Air Cargo Was Delivered On Schedule 99% Of The Time. We Apologise. We may have worked through the night 365 days a year, added to our flight schedules (now up to 100 pure
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  • COMPANY NEWS 1
    • Article, Illustration
      SSL seeking more property projects in Indonesia
      509 3  -  Keppel unit sees rising regional involvement Reports by William Chia in JOGJAKARTA STRAITS Steamship Land, the listed property arm of the Keppel Group, is looking for more property projects in Indonesia. SSL was interested in all types of property projects and not just
      509 words
    • Article
      SIA to spend $170m-$180m redeveloping SIA Building
      297 3 JOGJAKARTA Singapore Airlines will be spending SSI7O million to SSIBO million to double the rental caEicity of SIA Building along obinson Road by putting X»P a new 34-storey office block on the existing site. SIA Properties general manager Richard Chong said that work
      297 words
    • Article
      Lock icon KLSE still trying to untangle misplaced scrip fiasco of 1990
      411 3 MBT KUALA LUMPUR The J Kuala Lumpur Stock Ex- y change is still "untangling" c the problem caused by the 1 "misplaced scrip" fiasco which surfaced in early 1990. r As at June 30, 1992, s KLSE had a net
      MBT  -  411 words
    • Article
      S'pore institutions should follow GIC's lead in global equities
      637 3  -  THE HOCK LOCK SIEW COLUMN By S N Vasuki SINGAPORE As Singapore investors '•wind down after a dull and uninspiring year in the stock market, they should take heart from a recent Baring Securities study which suggests that local institutional players
      637 words
    • Article
      Lock icon KLSE proposes compensation fund for investors, brokers
      363 3 MBT KUALA LUMPUR The Kuala Lumpur Stock Exchange has proposed establishing a fund dubbed the Compensation Fund to financially assist investors and stockbrokers alike in the event of a stockbroking firm becoming insolvent. This is aside from the statutory Fidelity Fund. A sub-committee
      MBT  -  363 words
    • COMPANY BRIEFS
      • Article
        Uniphoenix explains subscription in Wembly
        110 3 KUALA LUMPUR Uniphoenix Corp Bhd said that its subscription for 20 million preference shares in Wembly Rubber Products (M) Sdn Bhd will be financed internally and by external borrowings. It said that the share subscription would be made by cash, and hence there would be
        110 words
      • Article
        Leader in Chinese venture
        101 3 KUALA LUMPUR Leader Universal Holdings Bhd announced on Saturday a joint venture to set up manufacturing facilities for cable and cable-related products in Guangdong, China. Leader would hold not less than 51 per cent equity interest in the venture with the Shantou Post and Telecommunication Bureau.
        101 words
      • Article
        Grand United reduces loss
        66 3 KUALA LUMPUR Grand United Holdings Bhd has reduced its group operating loss before tax, minority interest and extraordinary items to M 59.86 million (about 556.3 million) for the year ended June 30, 1992, from M 525.55 million previously. At the company level, its operating loss before
        66 words
      • Article
        CIC approves LMB offer
        75 3 KUALA LUMPUR The Capital Issues Committee has approved, on revised terms, Leisure Management Bhd's voluntary general offer to acquire all the remaining ordinary shares in its seven gaming subsidiaries. LMB's adviser, ArabMalaysian Merchant Bank Bhd, announced that the CIC had asked LMB to issue a total
        75 words
      • Article
        Green light for F A Peninsular
        72 3 KUALA LUMPUR FA Peninsular Bhd has obtained the approval from the Ministry of Finance to set up stockbroking firm FA Securities Sdn Bhd in Kuala Trengganu. The company said the approval was given on condition that Fj\ Peninsular contribute Ms 3 million (MS 1.8
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    • COMPANY BRIEFS
      • Article
        Arnotts holders seek to foil Campbell bid
        100 4 SYDNEY Angry shareholders of Australian biscuit maker Arnotts Ltd will hold their first public meeting here today to drum up public support for a campaign to block a takeover by US-based Campbell Soup Co. The newly-formed Shareholders Actions Organisation (SAO) hopes with public
        100 words
      • Article
        Comptronix sacks CEO
        79 4 NEW YORK Comptronix Corp dismissed its chairman and chief executive last Friday and said it expected to sue him for routinely and illegally inflating the company's profits for more than three years. The electronics parts manufacturer also announced that its accountant, KPMG Peat Marwick, was resigning and
        79 words
      • Article
        Laws Property profit down
        82 4 HONGKONG Laws Property's net profit fell 35.5 per cent to HKSIS.7 million (about 553.3 million) in the first half of fiscal 1992, ended Sep 30, from HK526.9 million a year earlier. The figures are after tax and payments to minority interests, but before extraordinaries, which are
        82 words
      • Article
        Macy's faring better
        105 4 NEW YORK Losses at R H Macy Co narrowed in the first quarter of its 1993 fiscal year, the bankrupt retailer reported last Friday. It added that holiday sales were running ahead of last year and slightly ahead of plan but the company said it remained cautious.
        105 words
      • Article
        Seibu cuts back
        89 4 TOKYO A major Japanese department store, which fed consumers' thirst for luxury and famous brand-name goods during a booming economy, has now decided to downsize its overseas operations involved in importing such goods. Seibu Department Stores officials said last week that the company planned to reduce the
        89 words
      • Article
        Bankruptcy plan for Plaza
        76 4 NEW YORK US bankruptcy Judge Prudence Abram last Friday approved the bankruptcy reorganisation plan for Donald Trump's landmark Plaza Hotel here. The pre-packaged Chapter 11 plan was confirmed without creditor objection. Under the plan, the junior bank lenders will receive a 49 per cent ownership stake,
        76 words
    • Article, Illustration
      Weaving a milestone
      62 4 WUNAN, China A worker at the Cityford Dyeing and Printing factory checking the quality of a bolt of cloth coming off a worsting machine on the company's production line. Hongtex Development's 51-per cent share in the joint venture with the Chinese government is the first time a
      62 words
    • Article
      Lock icon Taiwan steel mill to invest NT$67b to raise output
      333 4 Reuter TAIPEI Taiwan's China Steel Corp, the island's largest steel maker, will invest NT567.35 billion (554.3 billion) to boost production capacity by 43 per cent over the next five years. Company president Wang Chung-yi said last Thursday that the state-run steel
      Reuter  -  333 words
    • Article
      Lock icon Goodman Fielder launches Indon project with Sinar Mas
      376 4 AFP SYDNEY Australianbased food group Goodman Fielder Wattie Ltd has just completed a major new Indonesian project and is set to emerge as one of Indonesia's largest edible oil and margarine producers. Goodman Fielder chief executive Michael Nugent said the venture, PT
      AFP  -  376 words
    • Article
      Hopewell brings in three foreign partners for power plant project
      411 4  -  From Al Labita in MANILA HONG KONG-BASED Hopewell Holdings Ltd has brought in three foreign funding institutions as partners for its US$BBB million (Ssl.4 billion) power plant, the biggest build-operate-transfer (BOT) project in the Philippines. The three are International Finance
      411 words
    • Article
      Lock icon HK plans to give SFC power to probe company fraud
      343 4 South China Morning Post HONGKONG The government plans, for the first time, to give the Securities and Futures Commission (SFC) the power to investigate company fraud. The SFC will be able to demand company records, accounts, accountants' reports and any
      South China Morning Post  -  343 words
    • Article
      Lock icon National Semiconductor's profit soars six-fold
      312 4 Fifth consecutive profitable quarter for company Bloomberg SANTA CLARA, California National Semiconductor Corp said fiscal second-quar-ter net income soared nearly six-fold to U5535.3 million (5557.9 million). The sixth-largest US semiconductor maker had net of 27 cents a share, up from US$5.9 million, or three cents,
      Bloomberg  -  312 words
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      132 3 The Royal Oak l_ jUlkj' jl| Jil Hr rp JA One of the great in designs of the 20th /ti century. And /IUDEMARS PIGUET j probably the next. The master watchmakers. This Mil > J? ■HI J fel# Give Someone fc "•.111 II Hfl^HLy something Something Brilliant, r- -fit The
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      113 4 for i i :as i Flatted l aclory ('nm OlTice Spaco al iio.Hr> l>t*ln I.ane I lor enc| ii i i ics, please call: Ms. Ilia al 2 I 77 ol Mode in le IMe. I.tel. I Philips Singapore has national development. port and commumcabeen honoured with the In tomorrow's
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      63 5 For The Love Of Driving, A Multi-Splendoured Thing To j %If v V J j. Aft CYC** CAftIMAM HNKItTKm Alimhwa MUI Centke, 23* AIKXANo«a *OAO. OSIB Ttu 4TOSIM MtMIMDMMNI *«*V.C« CBMTM* SO L«*o K«« WOAO. B.NCAIW* OSIS. Ttc. 4"K> 8187 IM FANOAM LOW. ftMMMI Ml 2 TCL: 77? ISM M«T»J
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bank of NY completes Barclays NY acquisition
        94 6 JsJEW YORK Bank of New York Corp said it has completed its acquisition of Barclays Bank of New York NA, a jinit of Barclays pic of the UK. The acquisition brings Bank pf New York 62 branches and US$2.2 billion (553.6 billion) in
        94 words
      • Article
        Florida authorises bond issues
        73 6 "TALLAHASSEE, Florida The Florida legislature has authorised up to US$65O million (551.06 billion) in bond issues ;*o help the insurance industry pay claims to policyholders i/with failed insurers. The measure now goes to Governor ■Lawton Chiles for his signature. The bonds include a tax-ex-empt issue of
        73 words
      • Article
        Registration deadline extended
        99 6 NEW DELHI The Securities Exchange Board of India has extended the deadline for registration of stock brokers to Dec -21 from Dec 8. Chandrakant Bhave, who heads Sebi's secondary markets division, said the extension was given be- cause normal trading activity was disrupted by rioting which broke
        99 words
      • Article
        Prudential to sell UK business
        70 6 5 LONDON Britain's Prudential Corp pic has said it is to sell the rest of its British commercial lines business. In a statement. Prudential said it would recommend to its existing policyholders that they switch to privately-owned Provincial Insurance Co when their policies come up
        70 words
      • Article
        New anti-insider trading rules
        70 6 I'AMSTERDAM The Dutch central bank is publishing new trading regulations governing investment transactions by directors. The new regulations, to be enforced from Jan 1, were decided after a survey among credit institutions showed existing guidelines regarding transactions by portfolio managers were inadequate. From January, directors trading
        70 words
    • Article
      Lock icon China to include floating rates in reforms
      377 6 Convertible currency and foreign competition also planned AFP BEIJING China's banking reforms will eventually include floating interest rates, a convertible currency and foreign banks competing headon with domestic counterparts, a top central bank official was quoted yesterday as saying. No timetables were announced
      AFP  -  377 words
    • Article, Illustration
      Lock icon European central banks must be independent of political ties
      299 6 FT FRANKFURT Progress towards European monetary union (EMU) will be slowed if all 12 central banks are not freed from political ties as soon as possible, says Helmut Schlesinger, the Bundesbank president. Any further delay will also cast into doubt some
      FT  -  299 words
    • Article
      Lock icon US government tightens grip on ailing S&Ls with new law
      604 6 Bloomberg WASHINGTON Every Friday, about 40 bank and -thrift executives in the US worry that regulators will come calling to close their institution. After Da: 19, the worry turns to straight fear. Beginning one week from Saturday, regulators will be
      Bloomberg  -  604 words
    • Article
      Lock icon Upturn in Japanese bank lending expected next year
      205 6 Knight-Ridder TOKYO A recovery in Japanese bank lending is likely to occur early next year, says a Bank of Japan official. Bank loans for all types of Japanese banks posted a 2 per cent year-on-year increase in November, the lowest rise ever,
      Knight-Ridder  -  205 words
    • Article
      Pick-up in investor confidence in Indon capital market likely
      432 6 JAKARTA The decline in investor confidence in the Indonesian capital market since the middle of 1990 is only temporary because the government will introduce more regulations on investor protection and enforce existing rules more vigorously, according to a study by Arthur
      432 words
    • Article
      Lock icon India's first overnight repo sale proves successful
      446 6 Reuter BOMBAY The Reserve Bank of India (RBI) has heralded the start of overnight repo business in the Indian money market with the successful repo sale of two government securities, bankers said. The RBI accepted all 13 bids received on Thursday for two
      Reuter  -  446 words
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      284 6 Canadian International School (Singapore)... The School, which is fully accredited by the Ministry of Education in Ontario, C—di and registered with the Ministry at Education in Singapore, offers tuition to students from Grade 7 to the QAC level. Instruction provided fay professionally certified Canadian teachers. An Internationally recognized diploma the
      284 words
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  • THE REGION
    • Article
      Lock icon KL sets new travel laws for four nationalities
      242 7 AFP KUALA LUMPUR Citi,zens of India, Pakistan, Bangladesh and Sri Lanka will need local sponsors to enter .Malaysia following findings that people of these nationalities often overstay here, according to press reports yesterday. They said that under a .new ruling taking effect
      AFP  -  242 words
    • Article
      Lock icon Thais act to defuse criticism over Cambodia stand
      361 7 AFP, Reuter BANGKOK Seeking to deflect criticism that Thai .traders are bankrolling the Khmer Rouge, Thailand will •.move today to help the United Nations enforce sanctions against the guerillas and force them back into the Cambodi- an peace process, say news reports.
      AFP,; Reuter  -  361 words
    • NOTE BOOK
      • Article
        Vietnam signs trade pact with Armenia
        54 7 HANOI Vietnam and Armenia yesterday signed accords covering bilateral trade, investment and economic and scientific cooperation, said Armenian Vice-President Gagik Arutunian during an official visit here. Armenia, a republic of the former Soviet Union, exports machinery, rubber products, chemicals and electrical goods to Vietnam
        54 words
      • Article
        New deal for KL civil servants
        64 7 KUALA LUMPUR Malaysia's 850,000 civil servants are bracing themselves for a "cultural shock" as they enter the New Year they will no longer get an automatic annual pay rise. As the name suggests, an automatic raise is something civil servants virtually take for granted
        64 words
      • Article
        Ramos launches power plant
        95 7 MANILA President Fidel Ramos launched at the weekend a 330-megawatt gas-fed power plant just south of Manila, the first of the fast-track power projects to ease a serious electricity crisis. Private Philippine firm Cavite Energy Corp (CEC), the project owner and implementor, said it had hired
        95 words
      • Article
        NZ Labour Party retains seat
        72 7 WELLINGTON New Zealand's opposition Labour Party held its seat in a by-election here at weekend but the government claimed a moral victory after finishing second. Labour candidate Chris Laidlaw won the seat with a majority of 855 votes over the ruling National Party's Pauline Gardiner.
        72 words
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      122 7 --i > '•g' I v VVTU^^H^LW^Dp pPiJ|HHR9^^HHf.*. v (/aJHpf jHBr y .^M^ J vM^^^Hrui^W. Aaji »t 'v £9^iVSo^EldHPj^ijßnjHlH^P^ S9Mf®BPBBePiSWF§BBBBBBP®HBHBSRSBBBiRSfi*HBHHHK IT TAKES EIGHT WEEKS TO MAKE AND IS GUARANTEED TO LAST A LIFETIME. HOW CAN YOU LOSE? gn i MgiWMBMMBBMBfc 4> PARKER DUOFOLD vif Jjj| Bl tB -Pf^^B SWIFT RIDER. PASTER
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        Japan's '93 GNP growth projected at 3.3-3.4pc
        98 8 > TOKYO Japan's gross national product (GNP) for the 1 next fiscal year starting in April will be officially projected to <■ grow at a rate of 3.3 or 3.4 per cent in real terms, a daily said [yesterday. The projection reflected Japan's
        98 words
      • Article
        Taiwan-Saudi Arabian oil deal
        58 8 TAIPEI Taiwan and Saudi Arabia will discuss building a joint venture oil refinery with a capacity of 150,000 barrels per day at economic talks later this month. Taiwan would benefit from the project by securing a stable supply of oil products, Chen Kuo-yung, president of Taiwan's
        58 words
      • Article
        Miyazawa to visit US in Feb?
        58 8 i TOKYO Prime Minister Kiichi Miyazawa plans to visit the US around Feb 11 to meet new US President Bill Clinton, ,the economic daily Nihon Keizai Shimbun said yesterday. Tokyo is keen to establish close ties with Washington ahead of the Group of Seven
        58 words
      • Article
        China to become next oil buyer
        52 8 BEIJING China will become a net importer of oil as early *~as 1995, with domestic production unable to keep pace with *fast economic growth. "The country's oil imports are expected •**to equal or exceed exports by 1995," the English-language China Daily yesterday quoted experts
        52 words
      • Article
        West urged not to intervene
        47 8 The commander of UN forces in the former Yugoslavia has warned against Western military intervention in the Bosnian war. Lieutenant-General Satish Nambiar, who commanded the UN Protection Force, said that such intervention could ruin an operation aimed at helping 1.6 million people.
        47 words
    • Article
      Lock icon Canada eases guidelines on dealings with Taiwan
      155 8 AP VANCOUVER The Department of External Affairs has issued new, looser guidelines for politicians and businessmen dealing with Taiwan. Canada's policy of recognising the Chinese government over Taiwan's government remains. But the guidelines say "there is considerable flexibility for nonofficial contacts to promote
      AP  -  155 words
    • Article
      Lock icon China seeks investments in once secret N-industry
      480 8 Reuter, AFP BEIJING China is seeking huge foreign investment to convert its military plants to civilian production and has decided to throw open its once top-secret nuclear facilities, a newspaper said yesterday. Shrinking demand for military goods had made much of the nuclear
      Reuter,; AFP  -  480 words
    • Article, Illustration
      A simple wedding for Anne
      68 8 CRATHIE, Scotland Princess Anne and her new husband, Commander Timothy Laurence, stepping out of the chwch where they were married on Saturday in a simple service lasting 25 minutes and featuring Scottish pipers. The princess, seen here in a picture taken off TV, is the
      68 words
    • Article
      Lock icon Philippine budget deficit 28pc over target
      167 8 AFP, Reuter MANILA The Philippines' 1992 budget deficit stood at 12.221 billion pesos (SSBOO million) as of Nov 22, or 28.64 per cent over the year's target, the Central Bank said yesterday. Manila had projected a nine-billion-peso budget deficit for 1992 as part of
      AFP,; Reuter  -  167 words
    • Article
      Lock icon Underground economy keeps Philippines afloat, says study
      521 8 AFP MANILA Jose Maputol says he cannot support his wife and seven children with a regular job, so he hawks rags and cigarettes along a major street in Manila. "The only way to feed my family is to be self-em-ployed," Mr Maputol said,
      AFP  -  521 words
    • Article
      Lock icon Japan worried by resurgent trade surplus with US
      532 8 Reuter TOKYO Japan's trade surplus with the United States, which has remained surprisingly steady even as Tokyo's surplus with the rest of the world has ballooned, is expanding once again, making trade officials here nervous. Private economists and analysts say a growing
      Reuter  -  532 words
    • Article
      Lock icon Survey finds Koreans in cynical mood over the presidential election
      326 8 KOREAN |V»|BBSillie. Reuter SEOUL South Koreans will be going to the polls on Friday in cynical mood: a survey published yesterday showed that more than half believe the presidential election campaign is corrupt. The survey conducted by the Joong-ang Daily
      Reuter  -  326 words
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  • THE WORLD
    • Article
      Lock icon Business leaders in US see further upturn in economy
      444 9 Reuter NEW YORK Nearly half of US business leaders think that the American economy is in good shape and six in 10 expect it to improve further, up sharply from earlier this year, according to a New York Times/CBS News opinion
      Reuter  -  444 words
    • Article, Illustration
      Lock icon Danish PM must now sell new Maastricht deal to his people
      416 9 Reuter EDINBURGH Danish Prime Minister Poul Schlueter, jubilant after obtaining key exemptions for his country from the Maastricht Treaty on European union, must now sell the deal to his own Parliament and people. Following agreement at the European Community
      Reuter  -  416 words
    • Article
      Lock icon Youth joblessness creeping up in Germany as recession bites
      501 9 Reuter BONN As the chilly winds of recession blow towards Germany, many highly skilled apprentices are finding it tougher to secure their first job in industry. Faced with falling orders and the need to cut jobs, companies that in the past
      Reuter  -  501 words
    • Article
      Lock icon Riots leave deep scars in India's City of Gold
      397 9 Reuter BOMBAY India's religious riots have polarised Hindus and Muslims in the slums and shanties of Bombay, tearing apart communities and leaving deep scars throughout a city once committed to only one deity money. At least 200 people died and 1,000
      Reuter  -  397 words
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      Page 10 Advertisements Column 1
      209 10 t s x iflto tr* rfißWSEiaßiff. y *J%3t jyir »*»^^B^^,^^^^^^K|^M!y|Mß^^^BHl«j»^ii^^^^^^Cß^^BH!^3|SS?jc^Mlßp^Cfjy *SrJr BrfiJS^kJsfit fife jyifffi -Jy 0 Uf H|flßS^9|^Hß^^^^^HHj*B3BarijSS|Sßh^<^ ,1 jjif*" TfCPIp? $~~^K£mßs<Zj^3^^^^^9B^H^^HiKtiL.^flflk^EPttC44N' fl?!£MAM V ~~^B^y-^r \^~-Xnt*jfe», v.. *■-4l*- *|tm- <iS <» »f When it comes to banking in China, only Citibank has all the right connections. If you are looking
      209 words
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  • ANALYSIS
    • Article, Illustration
      Showdown with the Sultans
      1024 11  -  Leslie Lopez on PM Dr Mahathir's moves to remove the Malaysian royalty's immunity to the law of the land Leslie Lopez THE Malaysian government's move to curb the rights and privileges of the country's once-revered monarchy puts it on a possible collision course with the rulers.
      1,024 words
    • Article, Illustration
      EC facade continues to crumble in Edinburgh
      878 11  -  For Neville Stack, the weekend summit has proven to be yet another low point on the Maastricht road Neville Stack WHEN the 12 leaders of the European Community met in solemn conclave in Edinburgh at the weekend, they performed a ritual of huffing
      878 words
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  • FOCUS
    • Article
      Lock icon Brown emerges from the back room
      819 12 US president-elect Bill Clinton's latest appointments include a leading black politician, a childhood friend and a professor who believes the US is teetering on the abyss of economic decline. A look at the new faces below NYT Throughout his career, Ronald H Brown has
      NYT  -  819 words
    • Article, Illustration
      Lock icon Tyson — a firm believer in active industrial policy
      664 12 Tyson a firm believer in active industrial policy An unorthodox choice for US economic council NYT rip HE new chairwoman ->>■ of the Council of Eco'il. nomic Advisers, Laura D'Andrea Tyson, a professor k- the University of California at Berkeley, is a decidedly unorthodox choice. And least of all because
      NYT  -  664 words
    • Article, Illustration
      Lock icon McLarty described as a man with Clinton's best interests at heart
      668 12 NYT ALMOST everyone, it seems, who has ever known Thomas F McLarty 111 says the same thing about him. "Just a real nice boy who grew up into a real nice young man," said Dorothy Moore, a grade-school teacher
      NYT  -  668 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      115 12 I Why a stronger economy will mean a smaller pay cheque for you. August 22nd. How to make millions from rubbish. August 22nd. After the communist revolution, is Russia ripe for an Islamic one? August 29th. How spacecraft can actually be powered by thin air. August 15th. And now, a
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      Page 12 Advertisements Column 2
      39 12 I GAIN INSIGHTS 8 Into the Chinese I I business world of success, fame and strategies. READ I it 1 J I THE WEALTH tt h e t CREATORS ie ie 1 m rM B launch in Jmniy 19)3
      39 words
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  • SPORTS
    • Article, Illustration
      Lock icon It's Chang vs Stich in richest tournament final
      517 13 Grand Slam Cup AP MUNICH Michael Chang tamed the power of Goran Ivanisevic and Michael Stich won three tiebreakers against Pete Sampras on Saturday to reach the final of the Grand Slam Cup. Chang outlasted the bighitting Croatian, 6-7, 6-2, 6-4, 3-6,
      AP  -  517 words
    • Article, Illustration
      Lock icon Wattana clinches most prestigious, title of career
      492 13 AP DONCASTER, England Thailand's James Wattana claimed the most prestigious title of his four-year professional snooker career here on Saturday night when he won the World Matchplay Championship. The 22-year-old collected a first prize of £70,000 (S$ 178,000) more than double his previous
      AP  -  492 words
    • Article
      Lock icon Dancing queen conquers the slopes as well
      334 13 Reuter VAIL, Colorado Germany's Miriam Vogt danced the night away at a local disco, then waltzed away with the first downhill of the women's season on Saturday at Vail for the only World Cup victory of her six-year career. "I found some nice
      Reuter  -  334 words
    • Article
      Lock icon Douglass takes lead with Floyd close behind
      381 13 AP DORADO BEACH, Puerto Rico Dale Douglass twice holed from off the green and had an eagle-3 in an 8-under 64 round on Saturday to take a one-stroke lead over Ray Floyd in the American season-ending Senior Tour Championship. Each time Douglass holed
      AP  -  381 words
    • Article
      Lock icon Coe-Jones, Daniel advance to LPGA finals
      195 13 AP WAIKOLOA, Hawaii Dawn Coe-Jones won the final two holes on Saturday to beat Cindy Rarick 1-up and advance to the finals of the LPGA Match Play Championship. Coe-Jones will play Beth Daniel, who beat Dana Lofland 2 and 1. Coe-Jones took an early
      AP  -  195 words
    • SIDE LINES
      • Article
        Chicken reception for heavyweight champion
        130 13 LONDON World heavyweight champion Riddick Bowe was confronted at Heathrow airport by two men dressed chicken costumes when he flew into Britain on Saturday. It was the latest bizarre incident in the ongoing saga of whether Bowe will agree to fight Briton Lennox Lewis for
        130 words
      • Article
        Sao Paulo beats Barcelona
        98 13 TOKYO Brazil's top footballer Rai hit two glorious godte in Tokyo yesterday to win the world club champion title ftW Sao Paulo, beating favourites Barcelona 2-1 in a thrilling' game. Hristo Stoitchkov of Bulgaria opened the scoring for Barcelona in the 12th minute with a left-foot
        98 words
      • Article
        Thrills and spills
        194 13 SAN DIEGO John Bert rand recovered from a disastrous start to score a comeback victory in the US Formula One Yachting Grand Prix on Saturday in a race highlighted fry collisions, penalties and a man overboard. Racing in a stroifg gusty northerly wind on a short course
        194 words
      • Article
        Keshmiri faces life suspension
        52 13 NEW YORK Kamy Keshmiri, the 1992 world leader, jg the discus, faces a life-time suspension after failing to take ac out-of-competition drug test as mandated by USA Track a.ad Field. Keshmiri is already under suspension until 1996 aQffi testing positive for the steroid methandienone this year.
        52 words
      • Article
        Jockey in serious condition
        90 13 INGLEWOOD, California Kent Desormeaux, who leafc(s the nation's jockeys in purse money, remained in series condition on Saturday at a hospital after being kicked in tne head in a spill at Hollywood Park. Desormeaux, 22, was kicked by Cartagena Slew on Friday after falling from Judge
        90 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      376 13 < Ibs oi '9fl So You Want A Z all s |^H V A Ihis is the single most AT PAN-WEST personal and important Wehaveaboutl76 possesstanofogolfer di(feren HiejHHteris the only dub o us about the largest golfer will coll his owm. He retail outlet lor putters. can have a borrowed
      376 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      EXECUTIVE MOVES
      515 14 KC YUEN has been appointed by Edelman Public Relations Worldwide as the managing director of its Singapore company, Daniel J Edelman Pte Ltd. He replaces Roseann Clavelli who has returned to the United States. Mr Yuen is former director of the Singapore Tourist Promotion Board. He was with
      515 words
    • Article
      Lock icon Capitalist's tool and browser's delight
      953 14  -  Everything you ever wanted to know about, financial matters can be found m Macmillan's new dictionary on money and finance. Peter Passell reviews a nifty, if not thrifty, reference work Peter Passell NYT CARE to know who runs the Bank for International Settlements in Switzerland
      NYT  -  953 words
    • Article, Illustration
      The politics of sharing
      952 15  -  Are you the kind of boss who squirms at the very mention of the word empowerment? Allan vValker and Kenneth Stott on why it's a concept that's really more helpful than harmful Allan Walker,Kenneth Stott Allan Walker is Senior Lecturer at Northern Territory University in Australia
      952 words
    • Article
      Lock icon How to reach for the top
      890 15  -  Michael Dixon goes in search of the Eleventh Commandment of organisational advancement Michael Dixon FT WHEN it comes to J rising to the top of a company, what is the Eleventh Commandment? The answer, if we're to believe the American psychologist Albert Bernstein, is:
      FT  -  890 words
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      Page 15 Advertisements Column 1
      102 15 I Ireach 4 M You |H told, fanQ pie v OUT f H one port H simp SH angr H to |H case ■to the b goes M they H squ£ BH peoi mak a i selv Chinese .j (usi H of a HH pen and H writ |at home
      102 words
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      Page 15 Advertisements Column 2
      715 15 B I B I B B H HH I B I I 1 H I 111 I i H n i i v i B Blii i rT»TT'rHMrfHM^iI I ijll illiiTtillllVlj'llll lll' IB IUWWfWJW^ B T /11 111 I I 1111 Infl I v fl If i B 141 ill
      715 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      912 16 WHERE TO WINE, DINE... 1 A Golden Christmas at Plaza Hotel \v Christmas Eve I Partake in an International Buffet with festive offerings. Alternatively, enjoy a^H|P^(^S^[al 5-course Set Dinner at the Western (f Corner or woo your date with a Iw Dinner Dance at Subway. (3Q|u fjl t> International Buffet:
      912 words
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      Page 16 Advertisements Column 2
      356 16 Guess wbob JgXworkiiyhnfr jfmSantia this Christmas? I tit I MflOltS, ■> V We serve the world to you at Top o( the M ~j 111 Ontmnt *»d SKmpew 0»n T«t W4411 Celebrate Christmas and welcome the New Year at the PENINSULA! mm COLEMAN'S COLEMAN'S Jfc coffee house coffee house Set
      356 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      672 16 TELEVISION AND RADIO Un/>V! SBC 12 ,J. STiSSLn fo«ow- iS JST BUSINESS ON RADO ZI I nev IC li/il ,K I 7.35 PM Opening followed by to- Hj H«al*c«B (Canoon). BBC, 88.9 mHz In VHF Baml II A AIVJ XV/ 1/M.VIV. tS SmiT.li 7.05 am, 1.30pm, S.ospm, 1.05 am: 0.00
      672 words
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  • THE ARTS
    • Article, Illustration
      Power-packed performance
      711 17  -  Andrew Lim reviews the Singapore Symphony Orchestra's annual offering for the Christmas season Andrew Lim HANDEL's Messiah has never lost its grip on an audience. It remains timeless music that every age and generation can identify with as did the _audience at last Friday's performance of the oratorio
      711 words
    • Article, Illustration
      Lock icon The real noel
      892 17  -  The carol as we know it today is not so much a celebration of a past event as a celebration of later celebrations, says Bernard Holland Bernard Holland NYT WANT to hear some real Christmas music? How about a Bedouin chant or a nice blast on the
      NYT  -  892 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      165 17 AND ENTERTAIN t Best From The West Lunch or Dine on a selection of J Western favourites featuring soups, salads, a carvery, cold appetisers and hot entrees. Every Monday Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL I Par rtMTMIfcM. (4um call
      165 words
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      Page 17 Advertisements Column 2
      101 17 Local Available at Tee-Off Cafe with fragrant sweet potatoes porridge or plain porridge. Mondays to Thursdays 6.30pm to IO.OOpm Adult 59.50 Child 55.50 For reservations, please call Tee-Off Cafe at 322 4221/ 3 (Direct) or at 221 281 1 Oar mtauranti vricome At to ofay fax dmmf MARINA BAY OOLF
      101 words
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      Page 17 Advertisements Column 3
      167 17 I TAKE ADVANTAGE I of our Bonus Offer I for early bird I subscribers. I SUBSCRIBE NOW I THE WEALTH CREATORS rcUT OUT this couponand mail to us I 1 before January 15,1993. You'll get 1 15 monthly issues for the price of 12! B 'nFmrmnH 1 yrp I would
      167 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors expected to be cautious this week
      3326 18  -  By Moiz Tyebally INVESTORS are expected to continue to be cautious this week ahead of the by-election on Dec 19. Although victory for the incumbent PAP is thought by most to be a foregone conclusion, the concern is the margin of victory. An
      3,326 words
  • Page 18 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3040 19 ICB Wt 200 +104 +108.3% FAN 1080 50 4.9% CMB Asia 605 +40 +7.1% Robinson 720 +40 +5.9% Jurong Eng 50c 390 +39 +11.1% Clipsal 60c USS 382 +20 +5.5% CAC 640 +20 +3.2% Spore BusF 500 660 20 3.1% Cerebos 25c 414 +18 +4.5%
    3,040 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      180 19 YOUR VERY OWN HASSLE-FREE MCTOOt^ NWS■ CUPWWGSaVKEi ||llf news and other pertinent information on companies listed on the Stock Exchange And for subscription fee ef omlg per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised
      180 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2694 20 H Leong Ind 50c 640 20 3.2% Dunlop Est 560 +10 +1.8% MU1 177 +8 +4.7% UMW 408 +8 +2.0% FACB 50c 37.5 +4.5 +13.6% Tasek Cement 269 +4 +1.5% CASH 50c 76 +2.5 +3.4% Golden Hope 133 +2 +1.5% Sime Darby 50c 306 2
    2,694 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      870 20 Fax No; 734-3088 M THE MATTER OF THE COMPAMES ACT. CAP. SO AND W THE MATTER OF BMQA FASMON PTE LTD (In Voluntary UquMrtlon) NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companiea Act. Cap. 50, that the Final Meeting of Members of the abovenamed Company wM be
      870 words
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      Page 20 Advertisements Column 2
      361 20 M THE MATTER OF THE COMPAMES ACT. CAP. 50 ANO IN THE MATTER OF CHONQ HAMQ CO PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act Cap. 50. that tha Final Masting of Members of the abovenamed Compeny w* be held on
      361 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end lower in dull aimless market
      5532 21 Bernama THE stock market closed lower last week due to a lack of both fresh leads and clear market direction. Investors therefore were reluctant to commit themselves to the dull market, which drifted aimlessly throughout the five trading days. Over the week, the
      Bernama  -  5,532 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      402 22 Company Date Year Group Net Net earnings Gross ann to prefK/loss per share dividend ('000) (cents) Wing Tai Dec 4 )un 92 $14,431($9.726) 68(5.7) 16(16) Kemayan Dec 2 May 92 $23.461L($73) 3(1.5) MSB Dec 1 Jun 92 M$334(M$11.495) 0.33(11.2) 5(12) Amal Steel Dec 1 Jun 92 M588.527(S85.262) 16.5(19)
      402 words
    • Article
      PRELIMINARY RESULTS
      121 22 Company Data Yaar Croup *•< wntaiff Gross ann to proftt/loss por start dividend (•000) (cotita) CAC Dec 1 Sep 92 J65,010(171.942) 8.7(14.8) 17(17) Times Pub Nov 20 Aug 92 524.168(535.903) 19.9(29.5) 10(10) Kemayan Nov 16 May 92 MJ23.461L(J457L) 3(1.5) NST Nov 16 Aug 92 MJ68.894($55,298) 38(31) 20(10) H
      121 words
    • Article
      INTERIM RESULTS
      391 22 CMfm Mm CroyNt totorto. ami to profit/loss dhrtd««d (•000) Kim Eng Dec 1 Sep 92 *7.368(53.694) -<-) M Credit Dec 1 Sep 92 $2.042L ($6,249) J ~> GB HWgs Nov 30 Sep 92 $1,825(51.108) 2.5TE(2.5)1E Metro HWgs No* 27 Sep 92 $3,661 (11.938) PMRt Nov 27 Sep 92
      391 words
    • Article
      RESULTS FORECAST
      145 22 Mm Buri Ijrt Ml Tur Forecast M, Ret «etPre«t EPS a* To. EPS Cmi pnH Mjj cmm hM ur «t« lets) (VO*) (ss«) Mat* Pole F Nov 18 Dec 92 1 8 1 5 4.925 4.5—7.5 12—2 0 Asia Padfc F Dec 13 Sep 92 55 4 40
      145 words
    • Article
      OTHER RESULTS DUE
      328 22 Mm Board last hi Yaar CwpMj PwM Bate Tear EPS Cms M mmmcti ending (etx) pnfll Mint (SSI") Ihp Interim Sep 10 Dec 92 5.3 5.0 4.436 CP Batteries Interim Nov 11 Mar 93 41.3 11.8TE 13.952 DTP HMgs Interim Nov 15 Mar 93 2.5 3.3 3,981
      328 words
    • Article
      CORPORATE DEVELOPMENTS
      579 22 Dec 10 Chuan Hi*) HokSngs has sold its wholly-owned subsidiary, Oilrig Lines Pte Ltd, fof $50,000. Dec 9 DBS Bank will join forces with Hongkong-based merchant bank Prudential Asia in a corporate finance tie-up. Dec 8 SIA Engineering officially opened its second engine overhaul workshop to tap an
      579 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      668 22 Trans Roistered Substantial Buy/ Mo. of Amount SHarefcoidtng Stock Date HoMor Sluroliolder/Dlrector Soli shares Before After nonfMii rnmn 04/12/92 NSPL Temasek Holdings S 34.000 210.062 156,648,001 35.13 156.614,001 35 12 X*S ESBS jfj- "S* 'S r,c™ SuS**!. iS *3 .*S .*£2! 5TL2T S 1.000 16.2S1 346,372.586 54
      668 words
    • Article
      DIVIDENDS ANNOUNCED
      766 22 Currant Ex Bosks Date TtWfcr TiWhr payment date do* payaMa y* last yur AGS 51(b) Jan 8 Ian 22 Jan 29 5* 12* Ami Steel 50c 12*(b) Nov 19 Dec 3 Jan 2 12% Amtefc Lnj 20c 6%Tt Dec 4 Dec 10 Dec 30 12%Tt 12*11 Ant* rtdp
      766 words
    • Article
      APPROVED ISSUES
      376 22 Company Rights Issue iiw. Jed) Thrwhx tryt (9 $100 per share Ex-date: Dec 10 Ms Close Dec 22 Acceptance and Payment NYA Gutfiie GTS Ore toeone c« #23 per share Ex-date Nov 26 Books Close: Dec 8 Acceptance Payment NYA Xronf Ei* Onetor hve $2 10 per share
      376 words
    • Article
      PROPOSED ISSUES
      364 22 Company Rights Issue tool Steel One to* two fe MS2 20 P« share Issue of *****m 50% Cumulative Redeemable Preference shares ot 10 sen each 1992/97 (OPS) with up to *****m Transferable Subscnption ftghts (TSR) tor an aggregate price ot Mil per CRPS with one TSR. on the
      364 words
    • Article
      COMPANY MEETINGS
      364 22 Metal Containers Ltd: EGM at 15 Scotts Road, #05-01, Thong Teck Building Singapore 0922, on Monday, December 14, at 11.00 am Antah Hokfrigs Bhd: 16th AGM at the Theatrette. Ground Floor, Bangunan BNH, Off Jalan Semantan Bukit Damansara. ***** Kuala Lumpur, on Tuesday, December 15, at 10.00 am
      364 words
    • Article
      SCRIPLESS CONVERSION
      73 22 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (1DP) (ST) starts Alliance Tech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Guthrie GTS Jan 5 Jan 26 Jan 13-Jan 26 Jan 27 S1A Dec 4 Dec 31 Dec 18 Dec 31 Jan 4 Tiger
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    • Article
      RECORD HIGHS & LOWS
      146 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 htfi 1316 68 (21/2/92) 1992 N* *****2 (27/1/92) 1992 tow 1122 50 (18/8/92) 1992 tar 1310.95 (18/8/92) 991 S 333 08 (3 6/91 1991** 1565.58 (3/6/91) 99 I? ***** (16/1/91) 1991 tow: 1149.08 (16/1/91) mSt lSS« (16/7)90) W*. 160'12 <fMg|
      146 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 22 In local cutt In S$ In US$ dy yr dy yr dy S yr Dec 10 Index chge chgt- chyt hy, ihgt ihg* World 391.8 O.I -4.0 0.0 -5.9 0.0 -7.0 JEAFE 456.2 0.4 -9.1 0.2 -12.4 0.3 -13.4 Europe 422.7 -0.5 2.8 -0.8 -6.7
      364 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Wall St unaffected by news of top economic appointments
      691 23 FT FIVE WEEKS after he was elected, US president-elect Bill Clinton last week finally announced the top economic appointments for his administration. The reaction of the financial markets, which in the immediate aftermath of the election had been consumed with speculation
      FT  -  691 words
    • Article
      Shares fall on Sino-British dispute
      258 23  -  Sun Hung Kai Research THE Hongkong market appeared to have stabilised last week with the Hang Seng Index engaged in a 200-point trading range. As those pan-ic-stricken investors had already relinquished their positions during the previous week, selling pressure abated and average daily turnover contracted
      258 words
    • Article
      Lock icon Prices end higher on buying by investment trusts, public funds
      345 23 AFP SHARE prices closed moderately higher last week on the Tokyo Stock Exchange on buying by public funds and investment trusts. The Nikkei Stock Average of 255 selected issues in the first section closed on Friday at 17,441.02 yen, up
      AFP  -  345 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        72 23 THE Australian share market made solid gains during the week as foreign investors returned to the market and boosted local confidence, brokers said last Friday. The main market indicator, the All Ordinaries Index, gained 47.5 points to finish the week at 1,500.7. The All Industrials soared 78.3 to 2,370.9,
        72 words
      • Article
        BANGKOK
        106 23 THE Stock Exchange of Thailand (SET) Index gained 4.07 points on Friday but was still off 7.72 points for the holiday-shortened week. The index closed on Friday at 852.61 points, down 0.9 per cent from its finish a week earlier. Trading was very light, with 38.1 million shares worth
        106 words
      • Article
        SEOUL
        97 23 SHARE PRICES on the Seoul stock market posted solid gains to close the week at 647.28, up 24.03 points or 3.8 per cent, after a losing streak the previous week prompted by political uncertainty. The Composite Price Index tumbled 7.04 points on Monday on reports that the government had
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      • Article
        MANILA
        103 23 THE Philippine stock market fell last week due to profittaking after the slight rise the previous week, bourse analysts said on Saturday. At the Manila Stock Exchange, the Composite Index fell 3.7 per cent to hit 1,232.36 points on Friday from 1,279.54 points on Dec 4, while the Composite
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      • Article
        TAIPEI
        90 23 SHARE PRICES on the Taiwan Stock Exchange picked up steam last week after the government encouraged local fund managers to boost their share holdings. Recouping a 0.8 per cent decline the preceding week, the 311-issue weighted price index gained 82.91 points, or 2.3 per cent, to settle at 3,734.3
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      • Article
        BOMBAY
        118 23 HINDU-MUSLIM violence sparked by the razing of an ancient mosque in northern India hurt prices on the Bombay Stock Exchange (BSE) last week, just when they had been looking up after a long slump. The BSE Sensex of 30 blue chip equities lost 160 points or 5.9 per cent
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      • Article
        JAKARTA
        120 23 TRADING picked up slightly at the Jakarta Stock Exchange (JSE), but falling prices pushed the market's index down further in spite of slight increases for some selected shares. Higher prices of several selected issues, however, could not help compensate for lifting the JSE Index, which finished further down at
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    • Article
      Nothing festive about the festive season
      872 23  -  By Ray Heath SUCCESS, like beauty, is a relative commodity, and can vary according to the eye of the beholder. Last week, the British government was proclaiming a victory over inflation. In November, year-on-year price increases were held at 3 per cent. In Germany,
      872 words
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  • WORLD STOCK MARKETS
    • Storm brings Wall St to near standstill
      • Article, Illustration
        NEW YORK
        1202 24 A SEVERE STORM brought Wall Street trading to a virtual standstill on Friday, trapping blue chips in a 10point trading band and draining volume to the lowest level in two weeks. The Dow Jones Industrial Average closed down 8.11 points at 3,304.08. For the week, the Dow rose
        1,202 words
      • Article
        FRANKFURT
        233 24 STOCKS sufficed a sharp loss on Friday, as the CAX Spot Trend Index finished at 1/76.01, down 1.23 per cent from the Tiursday close, while the Commerzbank indicator shed 31.70 points to 1,*****. Dealers saidthe drop was due to the announcement in the morning that German steel roup KJoeckner
        233 words
      • Article
        AMSTERDAM
        303 24 DUTCH SHARES closed weak after a listless session as a surging bond market stole the limelight on Friday. "It was mostly a bond market today," a trader said. The Dutch state surprised the market by launching a novel 30-year 7.5 per cent bond, adding to enthusiasm for guilder bonds,
        303 words
      • Article, Illustration
        LONDON
        823 24 SHARE PRICES were down sharply in trading lere on Friday, the last day of the accounting period, because of losses on Wall Street and in Tokyo. At the close, the FTSE Index of 100 leading shares was down by 10.3 points to 2,716.2 points, picking up only slightly alter
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      • Article
        PARIS
        175 24 CHART-DRIVEN arbitrage rocked the Paris bourse to and fro last Friday, first pushing it sharply down then allowing it to recover some losses, dealers said. They said a French and an American stockbroker were sellers of CAC-40 futures in the morning, which triggered stop-loss selling from other brokers. Then,
        175 words
      • Article
        MILAN
        273 24 POLITICAL scrapping in Parliament over privatisation plans and the weak tone of European bourses both depressed Italian shares on Friday, which closed down but off lows, dealers said. Friday was also the expiry of monthly options contracts, with most operators abandoning positions. "Political infighting caused uncertainty, but in any
        273 words
      • Article
        STOCKHOLM
        173 24 SWEDISH SHARES fell across-the-board in active trade as investors took their profits last Friday. Concern arose after the S-E-Banken had held talks with the government over proposed financial guarantees. But dealers said the underlying mood was positive. "It was a technical downturn that everyone wanted. People could bring home
        173 words
      • Article
        BRUSSELS
        374 24 DISAPPOINTMENT about the Bundesbank's decision to keep interest rates unchanged on Thursday weighed on market sentiment and pushed Belgian shares to a lower close on Friday. Traders said a cut in key domestic interest rates had no effect on the market. The Bel-20 Index of leading shares closed 8.02
        374 words
      • Article
        TORONTO
        289 24 STOCKS finished fractionally lower on Friday after a sluggish trading session enlivened only by a plunge in retailer Woodward's Ltd shares, dealers said. "It was really slow. New York basically shut down early afternoon because of torrential rain," one dealer said. The TSE 300 edged down 2.8 to 3,267.69
        289 words
      • Article
        Untitled
        70 24 INDICES TURNOVER NEW YORK Close Dec II Previous Dow Jones SAP 500 Turnover (million) 3.304.08 3.312.19 433.73 434.64 164.5 240.64 -8.11 -0.91 76.14 LONDON FTSE 100 FT-30 Turnover (million) 2.716.2 2.062.8 676 2.726.5 2.064.2 702.4 -10.3 -1.4 -26.4 FRANKFURT DAX Index 1,476.01 1,494.48 18.47 AMSTERDAM EOE Index 281.23 282.22 -0.99
        70 words
      • Article
        Untitled
        466 24 Zurich Dec 11 Francs Alusuisse Br 390 4 Brown Boveri Br 3240 -40 CS Holding Br 1975 10 CS Holding Reg 377 7 Ciba Geigy Br 639 unch Ciba Geigy Ps 598 -5 Ciba Geigy Reg 602 unch Crosuir Br 205 Elektrowatt Br 2140 -40 Fischer Br 630 10 Globus
        466 words
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  • CURRENCY, MONEY & FUTURES MARKET
    • Article
      Lock icon US dollar drifts lower despite upbeat economic news
      513 25 NEW YORK Reuter UPBEAT US economic news failed to inspire what few players there were in the market on Friday, leaving the dollar mostly softer at the end of the day. A raging storm in the New York area stranded many players
      Reuter  -  513 words
    • Article
      Lock icon Strong showing by greenback
      623 25 ASIAN CURRENCIES AFP MOST ASIAN CURRENCIES lost ground to the US dollar last week, with only the Japanese yen, Singapore and Hongkong dollars, Thai baht and Philippine peso holding out against the trend. Australian dollar Down at 69.11 US cents from the previous Friday's local close
      AFP  -  623 words
    • Article
      INTERBANK FOREX RATES
      402 25 Cross rates p«" USS SS MS Dm Yen SFr Aj NZS USS 1.6385 2.5410 1.5790 123.80 0.6418 1.4070 1.4493 1.9361 SS 0.6103 1.5508 0.9637 75.5569 0.3917 0.8587 0.8845 1.1816 MS 0.3935 0.64 0.6214 48.7210 0.2526 0.5537 0.5704 0.7619 Dm 0.6333 1.0377 1.6092 78.40 0.4065 0.8911 0.9178 1.2262
      402 words
    • Article
      MONEY MARKET
      574 25 Interbank rates S$ Bid Offer Overnight 1 3/4 1 7/8 1-month 1 5/8 1 3/4 2-month 17/8 2 3-month 2 2 1/8 Overnight mode: 1 US$ High Low 7 days 3 2 15/16 1 month 3 15/16 3 1/16 2 months 3 3/4 3 9/16 3 months 3
      574 words
    • Article, Illustration
      Lock icon CBOT hopes disasters will boost use of futures
      652 25 US insurers suffered USsl7.sb in 1992 catastrophe losses Bloomberg CHICAGO As the property and casualty insurance industry's most expensive year concludes, the Chicago Board of Trade has introduced catastrophe insurance futures and options. The CBOT hopes this year's string of disasters will
      Bloomberg  -  652 words
    • Article
      Lock icon Krone will not be devalued, says Danish Prime Minister
      205 25 Knight Ridder EDINBURGH Any devaluation of the Danish krone within the EC's exchange rate mechanism is "completely out of the question," Danish Prime Minister Poul Schlueter said on Friday. Mr Schlueter said: "I'm convinced that on Monday morning it will be
      Knight Ridder  -  205 words
    • Article
      PRIME LENDING RATES
      489 25 BANKS > ABN Amro Bank NV 6 ANZ Banking Group 6 j Allied Irish Bank PLC 6% American Express Bank 6"i Arab Banking Corp 6V« Arab Bank PLC 6 Asahi Bank Ltd 6'/« BFCE 6* Ban Hin Lee Berhad 6% Banca Comraerciale 6''j Banco do Brasil 6Vi
      489 words
    • Article
      Lock icon France set to devalue franc: paper
      200 25 Knight Ridder TOKYO France is prepared to devalue the franc against the deutschemark in the next few months, if necessary to preserve Europe's exchange rate mechanism, according to The Guardian newspaper, which quoted sources close to the French government. 1 he UK newspaper quoted
      Knight Ridder  -  200 words
    • Article
      FINANCIAL FUTURES
      162 25 COMEX dccii COLD FUTURES (100 oz) Open High Low Settle Change Dec 92 335.10 ."5.50 334.50 335.20 +1 SO Jan 93 335 60 fl.00 Feb 335.70 336.10 335.40 336 00 1.00 Apr 337 00 337.20 336 50 337.10 +1.00 Jun 338.30 338 70 338 10 338 60 +l'*>
      162 words
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  • COMMODITIES
    • Article
      Lock icon Brazilian coffee growers confident prices will rise
      647 26 Knight-Ridder SAO PAULO Although international and Brazilian interior coffee prices are still low compared to historical averages, coffee growers have begun to show optimism for the first time in over three years. At a meeting last Thursday in Espirito Santo do Pinhal, in
      Knight-Ridder  -  647 words
    • Article
      Lock icon Commodity prices hit by crisis in Russia
      834 26 REPORTS AFP WORLDWIDE commodity prices were hit last week by the uncertainty of the political situation in Russia, after the Congress of Deputies rejected economic reformist Yegor Gaidar as candidate for the post of prime minister. Commodities quoted in sterling were also affected
      AFP  -  834 words
    • Article
      PRICES
      1368 26 Rubber MS CwnOy Mgg (iHtMW dwll m M lp») KSS 1 Cutract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 93 148.00 147.75 147.75 400 3,025 Feb 0.00 0.00 147.50 25 3,975 Mar 0.00 0.00 147.50 0 5,125 Apr/Jun 148.00 148.00 148.00 300 22,575 Jul/Sep
      1,368 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1078 26 BUSINESS TIMES •nm-hrnrn TWNo;737-0043 Fax Mo: 734 3606 02 Keppel Bank of Singapore Limited NOTICE To: (1) All Holders of the $92,084,384 2.5% Convertible Unsecured Loan Stock due 1996 ("Loan Stock") and (2) All Holders of 46,042,192 Warrants due 1996 ("Warrant") (Collectively known as "Convertible Securities") On 11 December 1992,
      1,078 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1100 27 City raght no Right ETO Mai SQ228 2050 SQ227 2230 kmmm RI182 1440 RJ183 2340 AastartfaM SQ23 0645 KLB38 2240 KL831 0940 Auckland NZ25 1655 MZ28 1810 SQ288 2030 BA12 2200 Bandar Sari B1421 1105 SQ182 0915 Btnma SQ181 1410 B1422 1205 B1429 2030 B1430 2125
      1,100 words
    • Article, Illustration
      Dangerous diversion
      730 27  -  LETTER FROM BLUE RIVER By Jon Ferry THEY call it one of life's greatest thrills skiing atop the mountain vastness of western Canada, carving a series of turns in a carpet of fluffy snow stretching far below. Just ask decathlete Bruce Jenner, singer John Denver and King Juan
      730 words
  • Article
    FOREIGN CURRENCY NOTE RATES
    153 27 As at 10am on Dec 11: Local dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.1266 1.1423 Canadian dollar 1.272S 1.2982 NZ dollar 0.8425 0.8600 Sterling pound 2.5380 2.5737 US dollar 1.6350 1.6420 Local dollars to 100 Baits of foreign currency Austrian
    153 words
  • Article
    WORLD TRADE EXHIBITIONS
    54 27 Duration Title Venue Organiser Td Jan 20-23 British Education Barbican EMAP Intl 071-*****47 A Training Centre, Exhibitions Ltd. Technology London London Jan 19-24 International Cologne, Messe-und (49)221/ Furniture Fair Germany Ausslellungs*****74 Gevm.b.h. Koin Duration Title Venue Organiser I el Jan 25-27 Fishing Exhibition Trenton 081-680 0587 Centre,
    54 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      47 27 Finnair-the only Scandinavian airline flying wide bodied aircraft to Europe. Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
      47 words
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      Page 27 Advertisements Column 2
      24 27 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749-2577
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      Page 27 Advertisements Column 3
      31 27 BUSINESS TIMES Toll fro® Tel No: 737 0043 Fax No: 734 3698 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL A WAY.~ To achOT your Appointments or Notices, 737-0043 pTha Strmito Tim—
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      Page 27 Advertisements Column 4
      301 27 IN THE MATTER OF THE COMPANIES ACT, CAP. 5# AND YENG SANG CO PTE LTD (la Menken' Voluntary Winding-up) NOTICE IS HEREBY GIVEN thai the creditors of the abovenamed company, which is being voluntarily wound up. are required on or before 23rd December 1992 to send their names and addresses
      301 words
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      Page 27 Advertisements Column 5
      345 27 IN THE MATTER OF THE COMPAMES ACT. CHAPTER 90 MEtSEI INDUSTRIAL SINGAPORE (PTE) LTD MEMBERS' VOLUNTARY UOUOATION At an Extraordinary General Meeting ol the Company deemed to be held at 31 Gui Lane Jurong Industrial Estate. Singapore 2262 on the 9 December 1992 the following resolutions were duly passed 1.
      345 words
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      Page 27 Advertisements Column 6
      239 27 IN THE MATTER OP TH€ COMPANIES ACT, CAP. SO AND M THE MATTER OF RAJAWALJ CREOfT PRIVATE LIMITED /u lIMMKM 1 n L iiWini yifi wwi'Ow'i vownnry Liquidation) NOTICE IS HEREBY GIVEN pursuant to Saction 306(1) of the Companies Act. Chapter SO, that a Final General Meeting of the abovenamed
      239 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      254 27 of South 5 Promotion for one of __^~lHl~ 9 Arrested for having parked "J 10 Times the Queen needed a R^M rubber (6) 12 Rider seen ordering team j •I J for a sleigh (9) Revokes 16 Rumours heard by American lodgers (7) 19 Entertaining reason for not jT I
      254 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      155 27 Singapore Outlook: Showers over a lew areas in the afternoon. Report: Maximum temperature 31.0 Assoc humidity 66% Minimum temperature 24.1 Assoc humidity 97% Hours of sunshine 8.40 Rainfall in mm Nil Rainfall this month 282.9 Rainy days this month 10 World report Asia-Pacific Hi/Lo* Cond. Bangkok 33/26 Clear Beijing 03/-4
      155 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      48 27 iißSTSQrßroiroßi nTTSOJIOB&S W coes...»T v\e>^o"n3Siß feS" 1 tagji&y I F l ai VRX -WC ucgKß><ce,J i«-frv ~r\ Wv. -M- ~raf~s< Q i up\s JOST TVMK»WG wou t ./MESL Vmw rr ucotD bo \f s««cg»rtpLD cuesitfc- mm/I s&g&sgsE 4—^ Device C AMOCtATCO NCWaPAKMS LTD, IM2-IM2 J Vi S 7
      48 words
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  • Article
    Lock icon Thousands implicated in Shenzhen stock scandal
    428 28 More than 4,000 known to have been involved in irregularities AP BEIJING Thousands of officials and bank employees have been implicated in corruption that led to the Shenzhen stock riots in August, with public complaints of graft largely proven correct, the People's Daily said
    AP  -  428 words
  • Article
    Lock icon Watanabe sees need for Japan to lift ban on foreign rice
    298 28 Reuter TOKYO Japan should bow to international pressure and lift its ban on foreign rice, Foreign Minister Michio Watanabe said yesterday. "We still need to protect (our rice sector) but there'll be problems if we don't start thinking about
    Reuter  -  298 words
  • Article
    Lock icon 1,226 bodies found after Indon earthquake, death toll set to rise
    318 28 Reuter K.UPANG, Indonesia Rescuers have recovered 1,226 bodies after an earthquake and tidal waves devastated parts of the eastern Indonesian island of Flores but fear the death toll will keep rising. Local officials who gave the figure appealed yesterday
    Reuter  -  318 words
  • Article, Illustration
    Becker 2, Mercedes 2
    37 28 STUTTGART, Germany German tennis player Boris Becker (left) kin at Miefer, chairman of the board of Mercedes Benz, as they sign his licence for two Mercedes dealerships on Germany's Baltic coast on Friday.
    37 words
  • Article
    Lock icon Hindu activists scale down protests as calm returns to India
    293 28 AFP NEW DELHI Hindu activists scaled down their "black day" protest yesterday, helping to keep the peace in India for a second day after the razing of an ancient mosque a week ago sparked an orgy of communal violence. The
    AFP  -  293 words
  • Article
    Lock icon Switzerland will not withdraw application to join EC
    391 28 FT ZURICH Switzerland's economy minister, Jean-Pas-cal Delamuraz, says his government would not withdraw its application to join the European Community. This is in spite of last Sunday's vote rejecting Swiss membership of the European Economic Area, which extends the EC's single market
    FT  -  391 words
  • Article, Illustration
    Lock icon KL to go ahead with amendments to charter
    390 28 Johor prince's case won't affect bid to remove rulers' immunity from criminal charges: Dr M Bernama I LANGKAWI The Malaysian government will proceed with the proposed amendment to the Constitution to remove the rulers' immunity from criminal charges regardless of the outcome
    Bernama  -  390 words
  • Article, Illustration
    Why I am bullish on the US economy
    789 28  -  The Bottom Line JON HUNTSMAN JON HUNTSMAN The writer is the US ambassador to Singapore THE United States economy has passed through some difficult times. The recession we experienced two years ago has had lingering effects. The current recovery, while now picking
    789 words
  • Article
    Lock icon Yeltsin set to keep Gaidar as government leader after compromise
    224 28 Reuter MOSCOW President Boris Yeltsin seems likely to keep his favoured economic helmsman as head of government at least for four more months after a trial of strength with Russia's mutinous legislature. Mr Yeltsin and the Congress of People's Deputies
    Reuter  -  224 words
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  • Shipping Times
    • Article, Illustration
      Pirates rob vessel of HK$19m worth of cargo
      495 29  -  By Dexter Lee SINGAPORE Pirates attacked a general cargo vessel last week and escaped with HK$l9 million (Sss million) worth of cargo. The latest victim of armed robbers on the high seas was the Far Trader, a 500-gross registered tonne general cargo
      495 words
    • Article
      Lock icon Oil tanker captain detained in Suez
      205 29 UPI CAIRO The captain of a Hongkong-registered oil tanker has been detained for questioning after his vessel allegedly polluted the Suez Gulf, according to news reports last Saturday. The captain was detained in the Port of Suez, north of Cairo, after the tanker Shima
      UPI  -  205 words
    • Article
      Lock icon Fishermen lose livelihood, marine life damaged
      527 29 The Aegean Sea oil spill NYT MUGARDOS, Spain Next to a pile of oil-drenched rubber slickers, Juan Bonome gazed out across the small harbour of Mugardos, 56km north-east of La Coruna on the north-west coast of Spain. Workers had just finished loading another 14-ton
      NYT  -  527 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1158 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asian Break-Bulk 16 5 •ASCL 5 5 ASXCLShpg 15 2 Austorient Shpg 16 1 Avant Shpg
      1,158 words
    • Article
      Lock icon Argentina rejects UK fishing plan
      183 29 Reuter BUENOS AIRES Two days of talks ended last Friday night without agreement on British proposals for Argentina to reduce South Atlantic fishing licences which had attracted foreign fleets away from the Falkland Islands. Foreign Minister Guido di Telia said. "After extensive discussions Argentina and
      Reuter  -  183 words
    • Article
      Ace consortium to change 2 FE-Europe services
      321 29  -  By Ramesh Divyanathan SINGAPORE Changes will be made in January next year, to two services of the Ace Group, whose vessels ply the Far East-Europe trade. The consortium comprising Neptune Orient Lines. Orient Overseas Container Line, and Kawasaki Kisen Kaisha (K-Line) will make
      321 words
    • Article, Illustration
      Lock icon Home-coming queen
      248 29 AP SOUTHAMPTON, England The Queen Elizabeth 2 cruise liner, showing no signs of a crippling accident four months ago, returned to its home port last Saturday following a three-week, £4.6 million (SSI 1.5 million) refit. "We've given her a face lift," said Capt John BurtonHall, the ship's commander
      AP  -  248 words
    • LOG BOOK
      • Article
        French farmers block channel ferry port
        89 30 LILLE, France A handful of French farmers, vowing to "throw the English into the sea", blocked the cross-Channel ferry port of Calais in northern France to protest against a recent EC-US agriculture accord. About 12 farmers succeeded in preventing any passengers from boarding or
        89 words
      • Article
        Arms found on SIA plane
        84 30 JAKARTA Two hand grenades and two ammunition magazines for an M-16 automatic rifle were found in the cargo compartment of a Singapore Airlines jumbo jet when it landed in Jakarta, a customs official said on Saturday. The official, who spoke on condition of anonymity, all
        84 words
      • Article
        Indian exports delayed by strife
        98 30 NEW DELHI Unprecedented communal violence that swept the country after Hindu zealots toppled a mosque last Sunday has held back Indian exports worth US$5OO million (SSBIB.B million) to several countries, reports said on Saturday. A spokesman for the Indian Chamber ol Commerce and Industry told
        98 words
      • Article
        Sarajevo airport re-opens
        61 30 SARAJEVO Sarajevo's UN-guarded airport re-opened on Saturdav after closing 11 days ago because of fighting and several postponements due to bad weather. A plane of the United Nations Protection Force landed in the afternoon, French officers at the airport said. The UN High Commissioner for Refugees said
        61 words
      • Article
        US officials in costly China flight
        108 30 NEW YORK Up to 37 Bush administration officials, soon to lose their jobs, will fly to China this week aboard a C-137 air force jet costing about US$ll,BOO-an-hour, The New York Times reported on Saturday. The newspaper, citing government and industry officials, said Commerce
        108 words
      • Article
        Tokyo textile maker, Amoco tie up
        75 30 TOKYO Teijin, a Japanese textile maker, and a subsidiary of Amoco Oil Company of the US will jointly open a firm in Tokyo to manufacture new engineering plastics, a Teijin spokesman said on Friday. The new company, starting in February, will first place products
        75 words
    • Article, Illustration
      Lock icon The worst is over — for now
      1160 30  - The worst is over for now After months of negotiations, a deal has finally been struck which should take TWA off the critical list shortly. But its long-term prospects are less certain, reports Nikki Tait Nikki Tait FT CARL ICAHN, one-time corporate raider and owner of Trans World Airlines (TWA),
      FT  -  1,160 words
    • Article
      COCKETT BUNKER MARKET REPORT
      822 30 THIS twice wecklv 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-sued stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      822 words
    • Article
      THE SHIPPING GUIDE
      11530 38 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. L£G£ND PN: ship calls at Penang after
      11,530 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        453 45 Vetsd Vo f No Berth Arrival Departure Vessel Voy Wo Berth Arrival Marina Wharves Million No 3 10 92H P03 13.12/1700 14 12/1500 Batam Baru B202 M05 14 12 0900 1512/2300 Ned Rosario 2134 S P07 13 12/1200 13 12/2359 Batan Murra *****2 M03 1412/1000 1512/2300 Pinang
        453 words
      • Article
        CONTAINER SCHEDULES
        1709 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabte Ship Voy No Containers avaiaMe Izvestia Hj Longbeach Kap Smirnov Rhein Bridge Choyang Park Nor Snga E Better P V Tovstykh Barzan 68M92 12.12.92 0220 Urn Summit AN-051 COO(EST) 13.12.92 0700 039W 12.12.92 0900 Takari 1
        1,709 words
    • Article
      TRANSPORT DIARY
      494 46 Dec 15-16: Essentials in Marine Cargo/Vessel Insurance Ship Chartering Practice, to be held at the Harbour View DaiIchi Hotel, Singapore, organised by Traffic Management Consultants. For further information please contact Mae Yap at 222-8411. Mar 11-14, 1993: Japan World Resort and Cruise Fair '93, to be held at
      494 words
    • Article
      DAILY FREIGHTS
      927 46 VLCC tanker freight rates were about five points down on Thursday in the Mideast Gull as a vessel queue in the Red Sea eleared up and charterers took advantage of cheaper end-De-cember levels, brokers said. Gulf/East was fixed at worldscale 57.5 for Singapore and Taiwan, with 62.5 paid
      927 words
    • Article
      Lock icon Canadian car union blasts US, Japanese producers
      468 48 Members also urged to help prevent Nafta from taking effect UPI TORONTO Canadian Auto Workers union president Buzz Hargrove gave a far-reaching speech on Friday, slamming everything from Japan to General Motors and the proposed North American Free Trade Agreement. In an address
      UPI  -  468 words
    • Article
      Lock icon US to sell aircraft engine technology to China: report
      238 48 AFP WASHINGTON The United States is planning to authorise the sale of US technology to the Chinese government which will enable China to build an aircraft engine, the Washington Post reported last Saturday. The daily said that the motor could be
      AFP  -  238 words
    • Article
      Lock icon Reserve pilots join Indian Airlines strike
      266 48 AFP NEW DELHI Reserve pilots at Indian Airlines (IA) said last Saturday they would refuse to fly in support of an ongoing strike by regular pilots of the state-run corporation, officials said. Executive pilots, who began operating IA planes after the airlines' commercial pilots
      AFP  -  266 words
    • Article
      Lock icon GM, Toyota in talks to sell GM compact cars in Japan
      434 48 Bloomberg DETROIT General Motors Corp and Toyota Motor Corp are discussing plans for GM to ship 50.000 compact cars a year to Japan for distribution through the Toyota sales network. Ward's Automotive Reports says. In its Dec 14 issue.
      Bloomberg  -  434 words
    • Article, Illustration
      Lock icon Japan close to finalising US$2b Awacs deal with US
      396 48 Reuter TOKYO Japan and the US are close to final agreement on a controversial USS2 billion (553.3 billion) sale of four Boeing earlywarning aircraft for the Japanese air force, Prime Minister Kiichi Miyazawa said on Saturday. Decisive talks were going on
      Reuter  -  396 words
    • Article, Illustration
      Mercedes' star dealer
      38 48 STUTTGART Gcrmanv German tennis star Boris Becker (left) looking at Werner Niefer, chairman of the board of Mercedes Benz. as they signed his licence for two Mercedes dealerships on Germany s Baltic coast last Friday.
      38 words
    • Article
      Lock icon Iacocca may act as consultant for TWA
      351 48 Reuter WASHINGTON Lee lacocca, who helped guide the Chrysler car-making giant from the brink of bankruptcy more than a decade ago. has said he would consider serving as a consultant to troubled Trans World Airlines (TWA). "If 1 could help them. I would."
      Reuter  -  351 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      20 29 I Lines ad services represented Members ef tke Registry ef Accredited (*m?iSw*\ For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      20 words
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      Page 29 Advertisements Column 2
      97 29 the FAMOUS > on <b imovi K3M3 224 1833 For more information plea*e refer to Pg. 13 #TWA: The worst is over for now, Page 2 Canadian car union blasts GM, Japanese automakers The Singapore llfetfif K«rwanl«Ts AA»tj<Xafltr>«r&a&'SiSafr"> conapanfe» tAo'are confmittgd expertise in lotematiaDai Qeight foiuwiJtog, waiehouring. distribution, packing, ronnoMalion,
      97 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      89 30 FOR SUCCESSFUL I MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1831 31 ipping Times, Monday uecemoer 11 tags OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 *1111# BOOKINGS TEL *****34 *****58/ *****40 ■fillllW CFS (PSA F5) TEL: *****21/ *****79 CQOOQ 7 PESAKA JARDINE SHIPPING AGENCIES SON. BHD. i PORT KELANG TEL: *****18 FAX *****91 *****88 0 1 PENANG TEL:
      1,831 words
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      Page 31 Advertisements Column 2
      416 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT JSP UASCIfr ARAB SHIPPING CO.(SAG)U§ __a bis tmrnSna it'll a/« "•> *'•> »<•> ■BN 35*7 >•'« TuZin am a/n »<* MNTt tou n tn i« 11« 12« 1« M I*l MMMMi M 17/81
      416 words
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      Page 31 Advertisements Column 3
      1265 31 lUl'ifiHiHUWI-i WELCOME ONBOARD! IR NEW DEDICATED SERVICE TO EST COAST SOUTH AMERICA PLEASE CALL *****11 Voy ETA ETD Feeder by See Lerfc/Anet DESTINATIONS aimtic X)H LPK PEN OAK LGB HOU VPR ATI MIA CHS BAL PHt NYC ABC TOW 9302 |'5' '2| '6 '2 SLD SLO SLD in *1 6/1
      1,265 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1405 32 aqaba rdam/ lI ■WTTCm VOV NO S PORE JEDDAH (via JED) S TON H BURG ANT HAVRE DANUBE 05/150 17/12 2/1 5/1 3/1 L*L I«TKMfP LUDWIQSHAFEN EXPRESS 05/350 19/12 29/12 4/1 6/1 9/1 11/1 13/1 MONTE ROSA 22/151 24/12 9/1 12/1 10/1 CARGO TOJJK /.COWT»€WT DRESDEN EXPRESS 08/351 26/12 5/1
      1,405 words
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      Page 32 Advertisements Column 2
      713 32 EHmBBI I FCL Breakbulk Service to: I AFGHANISTAN MAM Afghanistan Ltd.. I Sole Foreign Forwarder in Kabul for all services I C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, I Kiew, Minsk, Riga, Baku I North Korea Vietnam Mongolia Hungary CSFR Poland I llocT@Trans II 11 A GENaES (FAR EAST) LTD II I nouakchott-banjul-bissau-luanda-bata
      713 words
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      Page 32 Advertisements Column 3
      1373 32 RSvobmia mxmm EXPRESS LCL SERVICE DEPARTING EVERY SUNDAY WE ARE PLEASED TO ANNOUNCE NEXT SAILING: HYUNDAI INNOVATOR VOY: 301W ETA SINGAPORE 20/12/92 LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS TRANSIT UNITED KINGDOM FELIXSTOWE 23 DAYS GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM 19 DAYS BENELUX ANTWERP 20 DAYS
      1,373 words
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      1793 33 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO DUE SAM STRAUS STAR Vl* Muwi. lab 14-15 Dtc 16 Dm 17 0k KRIS MAOURA WI3I KK. Sfcjn. Taw 14 15 Dtc IS Dtc llOit SINGAPORE SIHANOUK VULE STRAITS VENTURE
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      2082 33 kft\ A SINGAPORE AGENT: TICyA P&o Containers (Singapore Agencies) Pte Ltd l /Vf W V Til 1 TlcrS 10 Hoe Chiartg Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 \JUIiiUAIIVA Te|; 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT rsL». *s» 158 ss r, 1.r., a.
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      708 34 w ILLOYD I INDONESIA NATIONAL UNE II TO EUROPE II fft WT STOK I «owt WM I HMt mill I wxwf MA IMAM 33W8 16-19/12 I 1«/1 23/1 21/1 1/2 I "7x7*" SPORE "SYD~ MELB ~BUR BMS ~I l MOO AUSTRALIA/***** 15/12 29/12 1/1 26/12 I MM ASIA/***** 21/12 22/12
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      1313 34 (g) HANJIN SHIPPING 1 cno \ici Icm I iik HAIR S£A VCH FW VSI SW LINE HAUL SM HM NYC I lu KWANGTANC O%E 14 12 H BUSAN 12« 9/110/1 Mg «gf iSf M/l !J/! I Hi NUN kipkan n*7f I ?l'l? I H TOUGH Af 097 C 14/1 15/1
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      1305 34 I n»iKitßCN>Kt«n9iimuic»uiiKu*wni» <* *f. I 11MK K074 15/12 21/12 21/12 25/12 27/12 21/1210/12- *12 14/1 27/1 21 I JO/1 J/2 1J 2 11/2 12/2 13/2 23/1 4/1 J/J }4/J I I GIANT KO5O 21/12 2«/12 21 12 30/12 4/1 5/1 7/1 J/1 IJ/1 11/ l 22/1 1/2 5/2 4/2 14/2
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      1706 35 YEAR-END LOADER I Sg lISCX: 'NEPTUNE CRYSTAL 10E' ETA SGP 31/12/92 I ARRIVING LOS ANGELES 17/01/93 IN 17 DAYS P v. Singapore California express (sex/ TO PNW USA tNLAND POINTS 1 J U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI
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      Page 35 Advertisements Column 2
      1257 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03 *****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO—DISCHARGING WESTBOUND—LOADING TRANSITED VIA
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      1690 36 O" I AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CH NO: **********0 M) I TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 U nJ MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD m m TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 I JHta JLm# A A INDONESIA: P.T.
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      Page 36 Advertisements Column 2
      835 36 PHILI-OttICNT LIN€S PT( LTP 1 08 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 Qr/jQ BY AIR, LAND OR SEA.... JS&. WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION rcuuLmncej—i 18 DEC SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 27 DEC AUCKLAND,
      835 words
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      333 36 GOLDEN LINE A guan guan shppwg WSSJ<\ (PTE) LTD 1 2J. I«M Ajb Stmt SHGAPOK 0104 m ***** M (10 LKS) fai *****04 (C* W» **********0W) ITRAITO/PKROIAN GULF lERYICE S port P Kelang Penang IRAK OACt Aatact» Dubai Dainmarn 22/24 Ok GOUIOINAMCSI Karachi Dubai M GOLDOI KM Karachi Dubai Daminam
      333 words
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      812 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singaporeolo6. I I;! z~Z V 0 CR NO: **********0E_8 iraori unv IJZ BKK iIN VESSEL VOY SIN JKT SIN KOTA BINTANGKBT47H 15/12 IJ/12»/« SQS2TO7SIWK 5S W'M ll'/ll M/« KOTA SURIA KSR49N 1«/12 19/12 23/12 KOTA INOAH 511 20/12
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      Page 37 Advertisements Column 2
      1469 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY ~C~ P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) R < 2 HAM (3) GOT (4) e "TTTTi 11/12 12/12 ALSIA 2492 15/12 1/1 3/1 4/1 6/1 "TsTTi 16/12 19/12 BENAVON 2502 22/12 0/J 10/1 13/1 Q "iiTii 25/12 26/12 JUTLANDIA
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      Page 37 Advertisements Column 3
      293 37 °BSA° TRANSPORTATION M* MYANMA PHI FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf Pen PW| PATHEM VI2OW In Port HPA AK VIM* In Port PAGAN VI9IW In Port NIGERIAN NATIONAL SHIPPING LINE «KiP NIGERIA EXPRESS SERVICE RIVER MAJE RIVER NGADA V.50 V.50 SPORE Sid 9 Jan
      293 words
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      49 39 I/CVISA FREIGHT SERVICES PTE LTD Q Established Since 1984 mDwok oudmN AUCKLAND StDNflf \MPORT x export HELBOURfDE ffIEMME y FOR BOOKING 9t SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: *****66 TOLL-FREE TEL: *****34 FAX: *****86 FAX: *****37
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      2129 40 Full Container Liner Services A i wU; mm«-■— mm**.—.—*.* S3ST 7 64 sHr" Sr"~" w »ss,, rst ***** L Singapo ngapor 21-A Lorong Cempening. off Jalan Berangan Bookings 226 1833/226 1900 Tel: 337 2441 (4 Unes) /339 5594 Port Kelang TT „fi iqj? Tef 368 8106 368 8108 n/n nit
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      Page 40 Advertisements Column 2
      312 40 SAMUKKA MDONESU (S) PTI LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 T«Wx: R*****0 Tat *****81-3 Fax: 225 4039, *****36 FOR BOOKINGS CALL DIRECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DASA SEPULUH 906 15/12 (TUE) 17/12 (THU) KURNIA SAMUOERA 957 15/12 (TUE) 18/12 (FRI) DERAJAT 1012
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      634 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 16/12 ROTTERDAM 16/12 H AIF A/ASHDOD/ALEXANDRIA 16/12 HAMBURG/BREMEN 16/12 MARSEILLE/FRANCE 16/12 FELIXSTOWE/UK 16/12 BARCELONA/SPAIN 16/12 LEHAVRE/ANTWERP 16/12 GENOA/ITALY 16/12 GOTHENBURG/SCANDINAVIA 16/12 LOS ANGELES/WC/IPI 16/12 SYDNEY/MELBOURNE 15/12 NEW YORK/EC 16/12 FREMANTLE/ADEL AIDE 15/12 VANCOUVER
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      702 41 CT3 RICHFIELD MARINE AGENCIES (S) PTE LTD Skl TEL: *****33 (12 Line*) FAX: *****15/*****03 FHj TELEX: RS ***** RISHIP (3 Line®) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivov ETA LOADING FOB SPORE ABBAY WON; 34W8 15/12 DARESSALAAM MOMBASA DJIBOUH ASSAB MASSAWA NETSANET 27W8 IS/01
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      892 41 J AKART A BANGKOK NANA BHUM 171S 16/1? 19/12 C KQJNTSEV* 05N Tuei 15/12 FH It/12 KITI BHUM 09S 10/12 22/12 PtYA BHUM 263N Tut 15/12 Fri 1 0/12 BLNIA BHUM 57S 19/12 23/12 DLIA BHUM 25N lue 15/12 Fri U/12 NANA BHUM 172S 23/12 26/12 MAHA BHUM 137N Wed
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      1338 42 groupage I I /\'V* PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 X P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 16/12 17/12 18/12 Hong Kong Ldn/Flx/Rdm/Ant/LHV 17/12 18/12 19/12 20/12 21/12 22/12 Hong Kong G'burg/Chagen/Sholm/Oslo 20/12 21/12 22/12
      1,338 words
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      250 42 lE* BLUE STAR LINEI SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SIN MULBERA 30S 13/12 25/12 27/12 13/1 MJST STAR 84S 25/12 6/1 1/1 25/1 PROSPECT 22$ 6/1 IS/1 20/1 6/2 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON. ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER.
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      1051 42 f THONC SOON UNES PTE. LTP.I Jg 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 6WVBHTt6MAU66MTAHten container services SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor IS'PORE IPEST VESSEL VOY SPORE P.
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      1305 43 zim itavil fcifcM CortalMf Irrlf mAJ COMPANIA PERUANA M.AMERICA/CARRIBEAII SERVICES vLAa ne VAPORES naa Iwy sw wwib vot i" w uifi iu it l? m SAVMNU* 391 IC/'l ft/'I 29/1 31/1 2/2 "PERUVIAN STATE LINE" Z™ Z%T sZim m l 4LEUMMIA 74E 4/1 S4PUSAN 1* l/I if'* /2 ACCEPTING BREAKBULK/FCL/SOC
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      649 43 REGULAR LINER SERVICE FIXED DAY SCHEDULE NAJD LINER SERVICE PORT KLANQ/ JAKARTA/ SINGAPORE/ PORT KLANG VOY ETD PKG ETA XT ETA SIN M/V LEONA 92/1 1/12 5/12 1/12 M/V LEONA 92/2 9/12 13/12 16/12 M/V LEONA 92/3 17/12 21/12 24/12 M/V LEONA 92/4 25/12 29/12 1/1 M/V LEONA 93/1 2/1
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      471 43 iiumsiiILJUMAI FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN ALSO CALLING PT. ELIZABETH/JOHANNESBURG TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MECHTERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
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      471 43 SIN FAR EAST 22/12 KEELUNG/KAOHSIUNG 19/12 BANGKOK 18/12 MAMLA/CEBU 19/12 JAKARTA/BELAWAN/SURABAYA 21/12 PORT KELANG/PENANG/E. MALAYSIA 21/12 BUSAN 13/12 TOKYO/YOKO/KOBE/NGO/OSA 21/12 HONG KONG SiN CHINA 21/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 19/12 LDN/FLX/LVP/SOU 19/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech SIN USA/CANADA
      471 words
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      470 44 HONG KONG/CHINA 21/12 JAKARTA 20/12 BANGKOK 19/12 MANILA 20/12 BUSAN 21/12 KEELUNG 22/12 TOKYO/KOBE 19/12 KAOSHIUNG 19/12 PORT KELANG/PENANG 21/12 YOKOHAMA 19/12 COLOMBO 22/12 FELIXSTOWE/HAMBURG 19/12 CHITTAGON6/MADRAS 17/12 ROTTERDAM/LE HARVE 19/12 BOMBAY/KARACHI 21/12 ANTWERP 19/12 CALCUTTA 16/12 lax/nyc 20/12 sydney/melbourne 18/12 CMT LINER EXPRESS AGENCIES PTE LTD ffSsBK HOT-LINE *****88
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      467 44 Bonterml mi CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26TH DECEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 20 DEC JAKARTA 20 DEC PENANG 17 DEC POBT KELANG 17 DEC MELBOURNE 18 DEC SYDNEY 18 DEC FREMANTLE 20 DEC BBISRANE 18 DEC HAMBURG 10 DEC FELIXSTOWE 19 DEC GOTHENBURG 19
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      Page 44 Advertisements Column 3
      335 44 This Week's Sailings I To! ETD To: ETD Singapore Singapore EVERY EVERY Bangkok WED SUN Hamburg SAT EVERY EVERY JK n Manila FRI Ho Chi \linh FRI EVERY EVERY Colombo MON Los Angeles SUN c&- Tel: Fax: von tun/ ft Singapore 778 6522 *****38 Ga«jh, 0m fi Johore 07-*****8 07-*****3
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      Page 44 Advertisements Column 4
      452 44 kfea CHINESE-POLISH WA JOINT STOCK SHIPPING CO 1 CONTAHER/BttAKBULK SM HUATUO *47 1/1 CASABLANCA CARNNAL W7 21/1 ROTTERDAM/HAABURG/GDYKA B PRUS *26 15/12 HUANGPU POKOI V 29 10/1 DALIAN/XHGANG/SHANGHAI BALTIC FAR EAST SHIPPING PTE LTD 2 IfISTRI ROM) #10-00. HMC BULDMG, S PORE 0207 Til: *****69 FAX: *****09 TLX: RS *****
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      1036 45 'NEDLLOYD ROUEN" VOY 2137S CALLS BRISBANE ETA SPORE 6th JAN. ETA BRISBANE 19th JAN 1993 ri' 1M11 n 111 1 1 11 G Bhum B Sero t a 11/12 9/12 B Pelangi/2442 15/12 2/1 3/1 5/1 6/1 7/1 5/1 6/1 K elvtn Fortune 2236S 30/12 29/12 28/12 27/12 23/12 14/1
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      280 46 Innovation Technology in Business Times on Tuesday NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANjLA EVERY VIGOUR LUZON 7NB 18 12 92 25/12/92 FRDAY AND MONDAY VIGOUR LUZON 7ANB 21/12/92 25/12/?? VIGOUR SINGAPORE 43N8 25/12/92 1/1/93 DISCHARGE ONLY VIGOUR SINGAPORE 43ANB 28/12/92 1/1/93 L_ PORT KLANG/PENANG FULL CONTAINER
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      Page 46 Advertisements Column 2
      299 46 I i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL. 15/12 20/12 Huang po/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/fCL) EXPORT TO: CHIN A/BANGIC OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI
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      Page 46 Advertisements Column 3
      114 46 j j CONTAIMERLINE \Sa Auckland Bs •■Hampton AUCKLAND WEEKLY CONSOLIDATION N f &>/ NEW ZEALAND Inland Destinations: J f^ws NEW PLYMOUTH DUNEWN i i WELLINGTON HAMILTON •CHRISTCHURCHAYTTELTON > J WtUJ lUN TAURANGA/WELUNGTON NAPIER X Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD /Ouoedh, 133 New Bridge Road #09-06 Chinatown
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  • Page 46 Miscellaneous
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      324 46 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 IR 19 23 26 26 24 20 15 12 1 1 12 16 21 27 32 33 31 27 20
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      1083 47 4 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA PKE PGP+ SIN HTM ANT* LEH* HAM BB£j FEL H. INNOVATOR 301# 17/12 H/12 19/12 20/12 S/l »/l 9/1 */l SI MARINER 302W 24/12 25/12 26/12 27/12 15/1 15/1 16/1 16/1 16/1 19/1 H. EXPIORER 303 M 31/12 1/1
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      Page 47 Advertisements Column 2
      437 47 1359 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL w 9 PI IN U SUI UItSM 7$ SIP SU) sui 11 coy i ii sib ■rr tujmc PWUK t* an 11/u KKMT KU 90 MM ■PT lIU AlUt 11 M/U COSNC CRALLERCEI 22 21 12 11/12
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      Page 47 Advertisements Column 3
      790 47 EXPORT TO: JEDDAH/UK/CONTINENT I STORE lED STON HfIURG RDAM LEU •Mm Acctptaf C*r* HOECHST EXPRESS N/349 12/12 22/12 10/12 2/1 4/1 C/l Southampton to MUK d«ttruhor. Mini «4 M*i DANUBE 05/ ISO 17/12 2/1 5/1 1/1 Rotterdm to Antaorp. Arattrmm Olio Hcfeaftj LUDNKSHtfEN EXPRESS 05/150 19/12 29/12 C/l 9/1 11/1
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      Page 47 Advertisements Column 4
      136 47 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 020S TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS POUTS Of CARGO STORE DESTfUTKM MERCURY PEARI V24E 12-14 DEC 14-15 OEC Muara, Labuan BMTANG SERIA »24E 14-15 OEC 15-15 DEC BMulu. Mi. KBctoH MERCURY JADE V23E 19-21 DEC 21-22 DEC Muara.
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