The Business Times, 21 December 1992

Total Pages: 48
1 48 The Business Times
  • 19 1 Business Times 11 IE til'Sl NESS PAPER FOR S-E ASIA MITA (P) 552/12/92 Monday, December 21, 1992 75 c
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  • NEWS
    • 58 1 PHNOM PENH Khmer Rouge guerillas yesterday released 11 United Nations peacekeepers held hostage in Cambodia in the fourth incident this month, as faction leaders warned that such UN "provocateurs" who enter their /ones arc risking their own safety. The nine Uruguayans and two Russians
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    • 77 1 MOSCOW Russian President Boris Yeltsin, who dashed home early from China in what he said was a bid to save his reform team, was said to have agreed yesterday with his new prime minister to keep key reformers in the next government. Presidential
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    • 37 1 THE International Monetary Fund (IMF) is worried that the Philippines' 1993-1998 economic development plan may lead to higher inflation and a balance of payments crisis, a report by its technical mission said Page 8
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    • 36 1 TAIWAN'S ruling Kuomintang suffered a major setback at the ballot box last Saturday when its candidates barely captured a majority in parliamentary elections which the party had expected to win handily Page 10
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    • 40 1 CHINA'S leaders have given warning that the economy must not be allowed to spin out of control, signalling that Beijing may try to dampen the boom that has thrust both growth and inflation into double digits Page 10
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    • 27 1 WITH most foreign oil explorers quitting Myanmar because of poor results, a gas discovery announced this month offers a ray of hope Page 12
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    • 24 1 THOSE who think that dumping menial chores on the less powerful is what delegation is about should think again Page 13
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    • 47 1 A GROUPING of shipping lines plying the trade from the US to Asia, including national carrier Neptune Orient Lines, will lower its bunker surcharges from next month, in line with the easing of fuel cost in the last few months Shipping l imes, Pg 1
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  • MARKETS
    • 28 1 A CONSORTIUM led by Straits Steamship Land Ltd (SSL) is investing US$lO million to build and manage Hanoi's first modern eight-storey office building Page 3
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    • 32 1 SUMMA Investments Ltd, the Singapore-listed arm of Indonesia's financially-strapped Soeryadjaya family, is selling its stake in PT Astra Microtronics Technology to another group company for U553.29 million Page 3
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    • 39 1 ROYAL DUTCH/SHELL is abandoning its Indian partner of 25 years' standing and is pulling out of a planned US$2 billion (553.3 billion) petrochemicals venture in India following disputes about the management of the project Page 4
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    • 29 1 BEIJING'S harshly-worded attack on Jardine Matheson Holdings has intensified doubts about whether it will be able to take part in the container Terminal 9 project Page 4
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    • 39 1 THE axe fell over the weekend on the weakest US banls and thrifts with too little capital to survive big losses victims of a get-tough banking law. But the execution block is relatively empty Page 6
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    • 29 1 AMERICAN Express Bank has suspended unsecured lending above £2,500 to its 40,000 green card UK customers because of rising bad debts and the recession Page 6
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    • Article, Illustration
      27 1 Friday Change BT-MGA 696.67 +9.44 Kuala Lumpur 641.08 4.97 Tokyo 17.680.74 +242.83 Hongkong 5,192.66 -136.8 Svdney 1.515.7 +16.3 New York 3.313.27 +44.04 London 2.789.7 +49.4
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    • 24 1 Exchange rates US$ SSSS 1.6385 100 Yen S$ 1.3310 MS S$ 0.6348 Money market rates Overnight 3 1/2 unav 3-month 2 5/16% +2/16
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    • 29 1 Rubber S'pore Jan 146.00*/kg -0.50 M'sia Jan unch KL Tin Turnover 58tonnes +3 Spot MS 14.28/kg +0.02 Crude palm oil Turnover 460 lots -32 Jan MS933 /tonne +2
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  • 572 1 SINGAPORE The business community yesterday described as positive and reassuring Prime Minister Goh Chok Tong's resounding by-election win in Marine Parade GRC on Saturday. While a People's Action Party victory was never in doubt, the strong 72.9 per cent vote will remove any
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  • 646 1  -  Most firms cautious despite better results By Sivanithy Rathananthan SINGAPORE Bank and hotel staff will get about the same bonuses this year as last year, while stockbrokers and workers in petroleum and electronics firms will get slightly less. But disk drive makers' employees
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  • 306 1  -  By Lee Han Shih SINGAPORE Businessman Ho Whye Chung has bought a large office complex in Brisbane for Asss million (5562.2 million) in what is said to be the biggest commercial property deal in Australia in recent years. The deal, brokered by consultants
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  • 158 1 AFP KUALA LUMPUR Several of Malaysia's hereditary rulers arc convening a secret meeting today to discuss a government plan to strip them of their immunity from prosecution, the ruler of eastern Pahang state said yesterday. Sultan Ahmad Shah Abu Bakar said that he
    AFP  -  158 words
  • 436 1 AFP KUALA LUMPUR Malaysia's stock exchange has drawn up measures to tighten security on share certificates after 12 listed firms were hit by forged scrips, a top exchange official said yesterday Nik Din Nik Yusoff. executive chairman of the Kuala Lumpur Stock
    AFP  -  436 words
  • Page 1 Advertisements
    • 134 1 CREATING THE WORLDS MOST LUXURIOUS CLOTHS LANGHOLM SCOTLAND DG t 3 OBN TEL 038 7 3 803 I 1 FAX ***** ***** Aircraft Schedule 27 Market Review 23 Weather The Arts 17 Money Changer Rates 27 World News 10 Commodities 26 Money Market 25 World Stock Markets 24 Company News
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    • 111 1 Hock Lock Siew: A less than rosy outlook for tourism, Pg 3 Where to leave your troubles when you fly JAL. It's a big, busy, competitive world out there, especially for business travellers And at every stop on your schedule you have to be your best. On Japan Airlines you
      111 words
    • 7 1 O O 743-8000 More reports, Pg 2
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  • MARINE PARADE GRC BY-ELECTION
    • 246 2 SINGAPORE It rained on their parade but that did not dampen the spirits of the victorious People's Action Party candidates yesterday as they toured the Marine Parade GRC to thank their supporters. Prime Minister Goh Chok Tong and his team-mates Cdre Teo Chee Hean, Othman Haron
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    • 545 2  -  PAP must keep doors open, says BG Yeo Compiled by Anna Teo, Shoeb Kagda, Chuang Peck Ming,Margaret Thomas SINGAPORE Young Singaporeans will want to play an increasingly bigger role in shaping the country's political landscape, businessmen and analysts told BT yesterday. They were
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    • 550 2 Vengeance was theirs and it was sweet SINGAPORE They had expected victory, and when it came their satisfaction was all the sweeter because of the strength of the support Marine Parade GRC voters had shown for their Prime Minister and their party. "Let us savour it," said Mah Bow Tan.
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    • 215 2 *1 have no plans to extend it/ SDP candidate Ashleigh Seow on his Australian permanent resident status 'Very happy. It's a bit better than expected/ Goh Jin Hian. Prime Minister Goh Chok Tone's son. when asked how he telt about his father's victory
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    • 328 2 SINGAPORE Workers' Party leader J B Jeyaretnam yesterday dismissed speculation that he and his party were fading from the political scene, saying he would not lose any sleep over anything the People's Action Party said about him. "They are entitled to
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  • Page 2 Advertisements
    • 200 2 *tS„ B K'Z iM ai V fl V A V />i V vtWw >>J 4r /v- f 6 CERRUTIIBBI c LUNETTES So/e Agenfs tor Singapore. Malaysia trSli S/n Kwang Optical Pte Ltd AUTHORISED DEALERS APEX OPTICS CONTACT LENS Tanjong Katong Complex *****79 ASSOCIATED OPTICAL COMPANY Peooles Park Complex *****09 AXIS
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  • COMPANY NEWS 1
    • 498 3  -  Consortium will also manage USslom building By Harish Mehta SINGAPORE A consortium led by Straits Steamship Land Ltd (SSL) is investing US$lO million to build and manage Hanoi's first modern eight-storey office building. The consortium was granted an investment licence this month
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    • 200 3 Bernama KUALA LUMPUR The more optimistic investors are predicting that the Kuala Luflipur Stock Exchange's market barometer, the composite index, will surpass the 700-point level come the Lunar New Year. Deputy Finance Minister Abdul Ghani Othman said this was based on
      Bernama  -  200 words
    • 823 3  -  THE HOCK LOCK SIEW COLUMN By Alvin Tay SINGAPORE An estimated total of 5.4 million tourist arrivals was recorded by Singapore in the first 11 months of this year. This figure, released by Lim Boon Heng. Senior Minister of State (Trade and Industry)
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    • 174 3 MBT KUALA LUMPUR NCK Corp, which has received the approval of the Capital Issues Committee for a listing on the Kuala Lumpur Stock Exchange main board, has forecast a group pre-tax profit of Msl7 million (Sslo.B million) for the year ending June 30, 1993.
      MBT  -  174 words
    • 318 3  -  By S N Vasuki SINGAPORE Summa Investments Ltd, the Singa-pore-listed arm of Indonesia's financially-strapped Soeryadjaya family, is selling its stake in PT Astra Microtronics Technology to another group company for U553.29 million (555.4 million). Summa said in an announcement that PT Astra Investments Ltd.
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    • 304 3 MBT KUALA LUMPUR The Bill before the Malaysian Parliament to amend Section 132G of the Companies (Amendments) (No 2) Act 1992 reflects the government's responsiveness to the voice of the corporate world. Since the section came into force on
      MBT  -  304 words
    • COMPANY BRIEFS
      • 56 3 KUALA LUMPUR The proposed transfer of Lim Kim Hai Holdings (M) to the main hoard of the Kuala Lumpur Stoek Exchange now depends on the approval of the Capital Issues Committee. Managing director Ngow Wing Hing said that LKH had already submitted necessary information on
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      • 56 3 KUALA LUMPUR Kedah Cement Holdings has posted a group pre-tax profit of M 523.92 million (SS 15.18 million) for the six months ended Sep 30. 1992, on a turnover of MS 113.06 million. The company said that the half-year performance was slightly affected by the late
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      • 44 3 KUALA LUMPUR Industrial Oxygen Incorporated (IOI) said that development plans for its proposed resort development in Malacca had been submitted to the authorities for approval. The resort will be located on a 19.2hectare site and will be undertaken by Kayangan Heights.
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      • 60 3 KUALA LUMPUR Sitt Tat has reported a pre-tax profit of MS 1.64 million (551.04 million) for the six months ended Sep 30. 1992. although pre-tax profit at the group level was M 5415.000. The company said the group's profitability was affected by higher operating and start-up
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      • 60 3 IN OUR REPORT, "F&N earnings up 25.5 pc on lower tax charge" in the Dec 19/20 weekend edition, it was erroneously reported that the company's earnings per share rose 46 per cent to $6.18. It should have been the company's NTA. as was correctly given in the
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    • COMPANY BRIEFS
      • 109 4 SEOUL South Korea's Trade Ministry has allowed Halla Engineering and Heavy Industries Ltd to seek a toe-hold in the highly competitive vehicle manufacturing industry. "Today we approved the application by Halla to produce commercial vehicles," a ministry official said by telephone. Halla plans
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      • 74 4 DUBAI An Indian company is building a USsss.7 million (559.3 million) refining plant in Dubai's Jebel Ali Free Zone area to recycle waste lubricating oils only the second such plant in the Gulf. Nandan Gadgil, chairman of Western Oil Company, said yesterday that work on
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      • 95 4 MOORPARK, California Tandon Corp said it is seeking to meet its major trade creditors at the end of January to discuss a possible debt restructuring. The company said that if its creditors agreed to a satisfactory debt restructuring, it may not need to file for a
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      • 59 4 BONN Industrial group Daimler-Benz AG on Friday assured shareholders that they need not fear a cut in the 1992 dividend, despite declining profits. "You can assume our policy is dependent on the company's long-term trend, also during the current difficult times," Daimler management board chairman Edzard Reuter
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      • 77 4 SEATTLE Nike Inc's record second quarter earnings of US$O.9B a share matched the consensus estimate of analysts surveyed by I/B/E/S. Nike's earnings were up 23 per cent from US$O.BO a year ago and were at the median of analysts' estimates, which ranged from US$O.93 to US$l.O2.
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      • 70 4 AKRON, Ohio Goodyear Tire Rubber Co has completed the sale of its polyester business assets to Shell Oil Co for an undisclosed sum. The deal included Goodyear's polyester-resin manufacturing facility in Point Pleasant, West Virginia, a polyester technical centre in Akron and other related assets. Point Pleasant
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    • 394 4 Move will be a blow to New Delhi government FT NEW DELHI Royal Dutch/Shell is abandoning its Indian partner of 25 years' standing and is pulling out of a planned US$2 billion (553.3 billion) petrochemicals venture in India following disputes about the
      FT  -  394 words
    • 344 4 SCMP HONGKONG Shenzhen Industrial Products Trading Group, whose net asset value is estimated at two billion yuan (about SSSSO million), is seeking to buy a suitable Hongkong company for a back-door listing in the territory. It also aims to have all its 21
      SCMP  -  344 words
    • 247 4 BANGKOK Christiani Nielsen (Thai) Pel, which has taken over its parent company in Denmark, has said that it will form a joint venture with Charoen Pokphand Group and Siam Commercial Bank to invest in real estate development in China. The Nation reported on
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    • 473 4 South China Morning Post HONGKONG Beijing's harshlv-worded attack on Jardine Matheson Holdings has intensified doubts about whether it will be able to take part in the container Terminal 9 project. The salvo in which the New China News Agency suggested the group
      South China Morning Post  -  473 words
    • 361 4 FT TOKYO Isuzu Motors, the Japanese car maker with links to General Motors of the US. is close to announcing a plan to withdraw from the domestic passenger car market in order to concentrate on the production of commercial vehicles and trucks. The company
      FT  -  361 words
    • 329 5 FT LONDON Tesco, the food retailer, made the boldest foray yet by a UK retailer into continental Europe when it agreed to pay £175.6 million (*****.3 million) for control of the 90-store Catteau supermarket chain in northern France. The deal is a significant
      FT  -  329 words
    • 176 5 Reuter WASHINGTON British officials were gloomy on Saturday about Prime Minister John Major's chances of winning a breakthrough on a deal between British Airways and USAir in talks with outgoing US President George Bush. "I think the United States is fairly locked into a
      Reuter  -  176 words
    • 371 5 FT PARIS Bernard Tapie has put his controlling stake in Adidas, the troubled sporting goods group, up for sale with a price tag of 2.085 billion (***** million). Adidas's future has been clouded by uncertainty ever since the collapse in October of Mr
      FT  -  371 words
    • 290 5 FT LONDON A Canadianbased investment company has built up a 3.57 per cent shareholding in Amstrad, the consumer electronics group, following holders' rejection of a 30p per share buy back bid from Alan Sugar, the founder and chairman, earlier this month. Amstrad
      FT  -  290 words
  • Page 3 Advertisements
    • 376 3 The Royal Oak I i*iii~&K m#*n !<<D\- bS i it Mm w9R9H "J^-y^i 1 Jf^ IJ!!|» %i^«j\ -X One of the great designs of the 20th ./li century. And AUDEMARS Piguet probably the next. The master watchmakers. I I Tfe magical sped of Christmas unveils uritfi our kaleidoscopic festive promotions.
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  • Page 4 Advertisements
    • 497 4 I SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at News Centre, 82 Genting Lane, Singapore 1334 on Saturday, January 9, 1993 at 11.30 a.m. for the following business:1. To receive and, if approved, to
      497 words
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  • Page 5 Advertisements
    • 203 5 FOR T .¥?./X,S»E~I Flatted Factory Office Space at no. 85 l)ef ii Lane 1 lease per floor up to sq. ts f fl *£Mm gH| Suitable for light industries, i jnufacturing lines, etc. JjF i'* jl «llf" 2 spacious goods lifts and I passenger lift T" 1 I I,j I
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 77 6 LONDON A new European Community (EC) hanking directive which aims to cut red tape was hailed as a "landmark in supervision", by a senior Bank of England official on Friday. The Second Banking Co-ordination Directive, which comes into effect in the
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      • 88 6 NEW YORK KPMG, an international accounting and consulting firm, said 1992 revenues advanced 2.3 per cent to U556,154 billion (SSIO.I billion) for the fiscal year ended Sep 30. Revenues totalled US$6.Oll billion previously. Revenues grew by 4.5 per cent in Europe to US$3.2 billion, while
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      • 69 6 WASHINGTON The Federal Reserve Board said on Friday it approved the application of two Taiwan banks to establish state-licensed branches in Los Angeles. It said the banks approved are Taipei Bank and United World Chinese Commercial Bank, both of Taipei. The approvals are the first
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      • 65 6 WASHINGTON The Federal Reserve said on Friday that Sheik Kamal Adham, a shareholder of the Bank of Credit and Commerce International, agreed to a settlement of charges against him and made a US$l3 million restitution. Under the terms of the order. Sheik Adham is permanently
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      • 61 6 STOCKHOLM The Swedish Parliament on Friday passed a Bill providing guarantees to commercial banks and certain other credit institutions whose liquidity has been seriously undermined by soaring credit losses. The Bill, first announced in September, then refined during November, gives unlimited state guarantees to ensure that
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    • 500 6 Reuter WASHINGTON The axe fell over the weekend on the nation's weakest banks and thrifts with too little capital to survive big losses victims of a get-tough banking law. But the execution block is relatively empty. Onlv 23 banks with about
      Reuter  -  500 words
    • 326 6 FT LONDON American Express Bank has suspended unsecured lending above £2.500 (556.400) to its 40.000 green card UK customers because of rising bad debts and the recession. Customers whose overdrafts exceed £2.500 have been told that their facility had been suspended and
      FT  -  326 words
    • 203 6 Reuter NEW YORK The Financial Accounting Standards Board has proposed new accounting rules on how financial institutions may account for investments in debt and equities. Ihe accounting rule making body wants such investments to be accounted for at market \alue. FASB chairman
      Reuter  -  203 words
    • 239 6 Reuter MADRID Lloyds Bank has initiated legal proceedings to recover a loan to Torraspapel SA, a pulp and paper group 93.4 per cent owned by the Kuwait Investment Office's (KIO) Grupo Torras SA. "We are pursuing legal action to recover the loan,"
      Reuter  -  239 words
    • 372 6 Reuter WASHINGTON The former head of Salomon Inc's government bond trading desk has agreed to plead guilty to two felony counts to settle criminal charges tied to the firm's Treasury auction scandal. Sources knowledgeable about the case said on Friday that the
      Reuter  -  372 words
    • 368 6 Reuter MOSCOW Russia's chief debt negotiator has said Moscow could accept a rescheduling offer from foreign government creditors only if commercial bank creditors also made concessions on Russia's debt servicing in 1993. Russia is no* the sole manager of an estimated USSBO billion
      Reuter  -  368 words
    • 493 6  -  US bank to take up 40pc stake in USs33m company From Shiv Taneja in BOMBAY AFTER eight months of high-level negotiations, J P Morgan has entered into a joint-venture agreement with the Industrial Credit Investment Corporation of India (ICICI). The tie-up between a leading
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  • Page 6 Advertisements
    • 145 6 f 1 (Ml POWERMATIC DATA SYSTEMS LIMITED (Incorporated in the Republic of Singapore) INVITATION IN RESPECT OF 17,000,000 NEW SHARES OF Sso.lo EACH COMPRISING 10,000,000 OFFER SHARES AT 550.45 PER OFFER SHARE BY WAY OF PUBLIC OFFER AND 7,000,000 PLACEMENT SHARES AT 550.47 PER PLACEMENT SHARE BY WAY OF PLACEMENT
      145 words
    • 39 6 We provide complete in-house services. You can use our office facilities as yours for a nominal fee in prestigious ambience and locality. Phone: Ms Patricia Lee at Tel: 535 8144 or Fax: 533 0338 BUSINESS COMMUNICATION CENTRE PTE LTD
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  • Page 7 Advertisements
    • 382 7 Now Macintosh* comes with the world's most popular software FREE. ifl £@sp tplp Now when you buy the world's easiest computer, you'll get some of the world's most convenient package that integrates word processing, database, spreadsheet, graphics and popular software, free. All Macintosh desktop models (except the Classic II and
      382 words

  • THE REGION
    • NOTE BOOK
      • 114 8 SAN FRANCISCO A US senator on Saturday said his latest trip to Vietnam had brought significant progress in obtaining information on American servicemen missing from the Vietnam War. Senator John Kerry, who heads a Senate committee looking into prisoners of war (POWs) and
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      • 77 8 TAIPEI Taiwan and Indonesia pledged to strengthen cooperation in trade and investment at their annual economic conference in Taipei, the semi-official Central News Agency said yesterday. Private and semi-official business associations signed agreements to promote trade and other links at the one-day meeting last Friday,
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      • 73 8 MANILA The Asian Development Bank (ADB) is ready to consider requests to help Indonesia rehabilitate Flores Island, devastated by a major earthquake earlier this month, the Philippines-based bank said yesterday. ADB president Kimimasa Tarumizu last week sent a message of condolence to Indonesian Finance
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      • 88 8 HANOI Visiting former Thai premier Chatichai Choonavan has met Vietnamese Premier Vo Van Kiet, the press reported here yesterday. Mr Kiet said his meeting with Mr Chatichai on Saturday "was a good sign" for good neighbourly relations between Thailand and Vietnam, the army newspaper Quart
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    • 370 8 Fund fears higher inflation and balance of payments crisis Reuter MANILA The International Monetary Fund (IMF) is worried that the Philippines' 1993-1998 economic development plan may lead to higher inflation and a balance of payments crisis, a report by its technical mission
      Reuter  -  370 words
    • 269 8 Reuter MANILA Threats to Philippine security by army rebels, communist guerillas and Muslim separatists no longer exist, national security chief Jose Almonte said yesterday. "In my view, the threats to the Philippines' internal security have already receded," he said in an interview with a private
      Reuter  -  269 words
    • 178 8 AFP JAKARTA A labour group was reported yesterday as saying that 98 per cent of all strikes in the Indonesian capital and nearby towns are sparked by employers' failure to comply with the minimum wage law. The Jakarta Post also quoted the Forum
      AFP  -  178 words
    • 365 8 Reuter, AFP BANGKOK Khmer Rouge leader Khieu Samphan has told Cambodian head of state Prince Norodom Sihanouk he has ordered the release of United Nations peacekeepers held hostage in Cambodia. A text of a telegram from Mr Khieu Samphan to the
      Reuter,; AFP  -  365 words
    • 247 8 AFP MANILA President Fidel Ramos returned yesterday from a self-described educational trip to Thailand, and said the Philippines was on the same path taken by Thailand when it became Asia's newest economic success story. "The Philippines and Thailand share the conviction that
      AFP  -  247 words
    • 584 8 BANGKOK Washington is likely to use its Generalised System of Preferences (GSP) as a bargaining tool to force other countries, especially Thailand, to provide more protection for intellectual property rights, instead of using Section 301 of the US Trade
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  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 157 9 TRUST CITIBANK TO BRING YOU A FRESH NEW WAY TO INVEST IN UNIT TRUSTS. O In this day and age, the key to making you to tap into countries close to home, or take more from your money is variety. in virtually the entire Asia-Pacific region. Quite simply, the more
      157 words

  • THE WORLD
    • WORLD WATCH
      • 102 10 GUATEMALA CITY The 1992 Nobel Peace Prize winner. Guatemalan Rigoberta Menchu. asked her countrymen on Saturday to struggle for peace and "real democracy". Dozens of supporters greeted Ms Menchu an indigenous Quiche leader who as a girl lied the country after losing two
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      • 72 10 LITTLE ROCK. Arkansas Marijuana should be made available on doctor's orders to treat glaucoma and other medical ailments, the nominee for US surgeon general says. Dr Jocelyn Elders, the Arkansas Health Department director chosen by President-elect Bill Clinton for the job of US surgeon general, said
        72 words
      • 63 10 TOKYO Bribery and embezzlement were on the increase among regional officials in Japan last year, as corruption spreads down from the central government, according to an official report published yesterday. Public attention in Japan has been focused on shady ties between top politicians and a mobster-affiliated
        63 words
      • 62 10 BEIJING China has sentenced a company manager to 10 years in prison for dereliction of duty and selling state secrets to a foreign reporter, the People's Daily said yesterday. Zheng Hengkang "created a vile impression at home and abroad" by selling a secret document to
        62 words
    • 394 10 AFP. UPI TAIPEI Taiwan's ruling Kuomintang suffered a major setback at the ballot box last Saturday when its candidates barely captured a majority in parliamentary elections which the party had expected to win handily. According to official returns. KMT candidates received only 53 per cent
      AFP.; UPI  -  394 words
    • 231 10 Reuter AFP. AP JERUSALEM Hundreds of Palestinian men and women have rioted in the occupied Gaza Strip to protest against the deportation of 415 suspected Muslim fundamentalists to Lebanon. Israeli police shot and killed six Palestinians last Saturday. The death toll
      Reuter; AFP.; AP  -  231 words
    • 322 10 Reuter BEIJING C hina's leaders have given warning that the economy must not be allowed to spin out of control, signalling that Beijing may try to dampen the boom that has thrust both growth and inflation into double digits. "(China) must prevent the economy
      Reuter  -  322 words
    • 246 10 AP, Reuter JOHANNESBURG Revelations that military commanders have waged a secret political war will give new life to claims that a "third force" is responsible for violence that has claimed thousands of lives. South African President FW de Klerk dismissed
      AP,; Reuter  -  246 words
    • 442 10 Reuter ROVANIEMI. Finland Finland is stepping up its drive to promote its own Santa Claus or "Joulupukki" as he is known locally. A new firm called Santa Claus Finland International Oy (SCFI) has been set up to "promote and market the only
      Reuter  -  442 words
  • Page 10 Advertisements
    • 274 10 From January 1, when you call us at SPH, whether to make an II ad booking or for enquiries, you need not bother about the M l II phone charges. Simply add 1800, followed by the usual seven M I I digit numbers, and we will bear the charges. No
      274 words

  • Page 11 Advertisements
    • 394 11 THIS NEW YEAR, SOME AMERICAN CLUB MEMBERS WILL GET A FREE TRIP HOME. H H B* lIHB^B^K iHKl^^W^^^KSlajflKiaßSKiiMis*:.--Wouldn't it be great to see family and old friends back home in the States Just fill in the attached coupon and fax it to us by 5.00pm, 30 December, 1992. i wou
      394 words

  • ANALYSIS
    • 722 12  -  With tempers flaring and epithets flying. the war of nerves Between China and Governor Chris Patten is turning out to be pretty nasty for supporters in both camps, writes Jackie Sam Jackie Sam The writer is a Hongkong-based political consultant who contributed this article
      722 words
    • 1025 12  -  With most foreign oil explorers quitting the country because of poor results, a gas discovery announced this month oners a ray of hope, reports Harish Mehta Harish Mehta FOR foreign oil companies billetted in Myanmar, there has not been much to write home about
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  • Page 12 Advertisements
    • 10 12 Don't miss Personal Finance Investment in Business Times every Saturday
      10 words
    • 65 12 JW, ckM if. m tzU tut yow c{(Mt dlgo MffJtM Udj&ts buw C(GU. urevc ~fco fru#y jt> ao 'ftu- |#tlmuamU- ifidk IMM., AO I dtoA 'i ywu\j{ ZuXpi/vw 6ut. ax ikt jhwms <$aty. "tftll pVVM.. '^Hy' l/wiy EACH PARKER DUOFOLD 18 CARAT GOLD NIB. TIPPED WITH A BALL OF PRECIOUS
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  • Page 12 Miscellaneous

  • ENTERPRISE & MANAGEMENT 1
    • 1152 13  -  Allan Walker and Ken Stott on how to assign responsibility while at the same time tread the thin line between interfering and remaining in charge Allan Walker,Ken Stott Allan Walker is Senior Lecturer at Northern Territory University in Australia and Kenneth Stott lectures at
      Artwork by Robert Mankoff  -  1,152 words
    • 277 13 Northwestern University, one of America's top business schools, is coming to Singapore. Conference and Exhibition Management Services is flying in eight professors from Northwestern in March for a two-week advanced management programme. The programme, supported by the National Productivity Board, is open to
      277 words
    • 1424 14  -  Companies are in a better position to exploit new opportunities if they take a broader view of where they are going, writes Cnristopher Lorenz Christopher Lorenz FT ONE of the most powerful maxims of modern management is that companies are best organised
      FT  -  1,424 words
    • 462 14 DUN and Bradstreet Software has appointed Mr Richard Thompson managing director of its Asia operations. based in Singapore. Mr Thompson will be responsible for customer relations and business development throughout Asia. He succeeds Mr David Orren. who has left the company to pursue other professional interests. Mr Thompson
      462 words
  • Page 13 Advertisements
    • 167 13 v |m <egj£jk ■L 41 I liSk. Wr jfa, ft s^>< Bk* B B Introducing an executive car that's so different in style we've TXS is equipped with an Electronic Anti-Lock Braking System (ABS) called it the Fastback. The Ford Telstar TXS Fastback. and Sony CD 10 changer. Available in
      167 words

  • Page 14 Advertisements
    • 88 14 ALFRED DUNHILL €?il^ i Csr'. »wMrittii > i■• > >.- y *v- -3L ,<^liii y s.«■> -1 «.v > -y :.'JTr? I I 111 I IsrolfcS ?if fT^rv li&fiaSEi ISI&f§!iEE tffwST- V WC >£y r 3&t.'TjFr9f^Jo%' iSyH''7IHEL v /&tt' Alfred Dunhill Sunglasses net/ to the AiyAetsf t/eyree o/ crafix/Hunit/i/t, .M/ret/
      88 words
    • 39 14 The Durffee personality is fully aware of the q multifarious dimensions of life, and appreciate f that it is exactly these experiences of laughter Wm4Mtow and tears that bring meaning to life. OURFFEE UNDERSTANDS THE meaning of time. 1
      39 words

  • SPORTS
    • 841 15 Johnnie Walker World Championship NYT MONTEGO BAY. Jamaica With the kind of golf that breaks par as well as men, Nick Faldo made a clean break from a mostly gasping field on Saturday as he threatened to turn the US$2.7 million (554.4 million) Johnnie
      NYT  -  841 words
    • 249 15 Reuter LAKE LOUISE, Alberta All week in training, Switzerland's Chantal Bournissen held something back and managed to hide the fact that she had the men's Olympic downhill course figured out. Bournissen went all out down the lightning-fast course on Saturday, holding off a
      Reuter  -  249 words
    • 163 15 AFP HARRISBURG, Pennsylvania The "original" Ben Johnson, a four-time US sprint champion in the 1930s and rival of Jesse Owens, has died of a heart attack at the age of 78. The former track star began calling himself "the original Ben Johnson" after the Canadian sprinter
      AFP  -  163 words
  • Page 15 Advertisements
    • 653 15 PAN-WEST AT PAN-WEST more responsive total feel. We take your golfing needs very PROVEN TO BE THE BEST much to heart. And when it In independent tests conducted, comes to helping you play better the King Cobra outperformed golf, we believe only an excellent measurably better. set of golf clubs
      653 words
    • 11 15 L»SS3R* IF opp«» rtu r |Po»«« ab l e A V
      11 words

  • Page 16 Advertisements
    • 924 16 Nothing Beats A Bud. where to wine, dine OK A Golden Christmas at Plaza Hotel Christmas Eve Si I Partake in an International Buffet with ifci jkj festive offerings. Alternatively, enjoy a 5-course Set Dinner at the Western y jlf Comer or woo your date with a Dinner Dance at
      924 words
    • 382 16 JBfl. TO A MERRY, II MERRY CHRISTMAS WW At the Neptune you can dance the i>V night away at our Christmas Eve EM) Party. Or you can sit back and enjoy our international revue show. $88 nett per diner, $45 nett per non-diner $38 nett per i child below 10
      382 words
  • Page 16 Miscellaneous
    • 601 16 TELEVISION AND RADIO ln iltlll*P CVIJBCI2 Pirates mo it**,*. BUSINESS ON RADIO A UIUI V kJllUviV "5 JS2SZ»2£r" ,yta 7.00 follow- SWEJWL. 8.00 Beyond Tomorrow (See Our ed by CaMrity Dartlit* 8.00 National News (M). r Choice). 7.30 News (M). «.35T.Milen.<M). Wo r ,d Business Report k 830 Something V«ntured
      601 words

  • THE ARTS
    • 652 17  -  The lively, boisterous Globe Theatre of Shakespeare's day is to be recreated after four centuries. It will be ready to stage its first play next year, reports John Follain John Follain Reuter WHEN William Shakespeare put a play on, people chatted by the stage, hawkers sold nuts and
      Reuter  -  652 words
    • 632 17  -  Andrew Lim soaks in the festive mood evoked by the Singapore Symphony Orchestra and Chorus Andrew Lim WHAT a refreshing change to see the ladies of the Singapore Symphony Orchestra and Chorus in their colourful blouses, and everyone letting their hair down and keeping
      632 words
  • Page 17 Advertisements
    • 230 17 AND ENTERTAIN OYSTERS AND CHABLIS For the true connoisseur, savour a premium selection of •Belon Oysters ♦Rock Oysters and •Fine de Claire Oysters Special set menu Half dozen Oysters, French Onion Soup and a bottle of fine Chablis at $89.00 At Hubertus Grill For dinner only 18 to 23 December
      230 words
    • 207 17 SHARIJ dHVBfI Nishiki offers Seafood Shabu Shabu and Beef Shabu Shabu Both give you the freshest cuts and served with seasonal garden green vegetables in hot pot broth. Priced at $25.00+ and $20.00+ respectively. For reservations, please call our Restaurant Manager at 322 4224 (direct) or at 221 2811. (Please
      207 words
    • 239 17 Double Pleasure At Half The Price STAY 2 NIGHTS FOR THE PRICE OF ONE IN OUR MUTIARA EXECUTIVE SUITE FROM ONLY Ms29l.oo++*. Revel in the majestic luxury of Hotel Istana at festive package rates half the normal rates...with our Festive singk(MS) 1 Twin(MS) Trijjjjjig) Package. Executive Suite This special package
      239 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4397 18  -  By Moiz Tyebally SHARE PRICES are expected to continue rising this week, the market having ended on a bullish note last Friday. The better-than-expected margin of victory for Prime Minister Goh Chok Tong and his team in the byelection last Saturday would set the
      4,397 words
  • Page 18 Advertisements
    • 76 18 Instant Approval, No Waiting Now there's a way to turn n Instant cash over the counter, V-SEv- v i;i your shares into cash on the Up> t0 ?0% f the Va Ue spot with Express Share Loan. 1 of acceptable shares and scnpless exclusively from Hong Leong counters.Call *****36/226 3398
      76 words

  • 3251 19 ("MB Asia 800 !*)> 1* 2% S1A Foreign I «J0 > F&N I 160 m) i 4% DBS Foreign I <M» t M» »ji% I i()B Foreign 845 4> t s>% Clipsal WV I S$ 408 t .'(i > 6 8% Semh Ship>ard 810 40
    3,251 words
  • Page 19 Advertisements
    • 55 19 lIIUMMLIII IMMIIIIMff AMI ||l 111 lA II H 111 l II I I I 111 II I I Hnd out lil I I I I I I r 1 I■ I 111 VI I Personal Investment and Finance. II I I I I I H 111 111 I I I
      55 words

  • 3506 20 H Leong Credit 430 +24 5.9% Lsso 50c 426 +18 +4.4% M Resources 151 +18 +13.5% M Cement 50c 310 +10 +3.3% NSr 390 +10 +2.6% KL kepong 218 18 f3.8% M Mosaics 107 +7 +7.0% MMC 10c 142 6 +4 4% Sateras Res 73
    3,506 words
  • Page 20 Advertisements
    • 147 20 BinntEssnMES Toll free Tel No 737 0043 Fax No: 734 3698 Make new business contacts through classification 203 in The Straits Times I Classified. c.a!t.s. 1717-M&6 \< x«%. 1 Scalpel...scissors...sutures...BusinessTimes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept
      147 words
    • 66 20 TRI-T SERVICES PTE I.TD (In Members' Voluntary Liquidation) ELNAL MEETING NOTICE is hereby given that the Filial Meet i ng of members of the above named company will be held at 50 Chin Swee Road, #1001 ThongChai Bldg, S'poreo3l6 on 21 January 1993 at 10.30 am for the purposes stated
      66 words
    • 75 20 BANK OF SINGAPORE (AUSTRALIA) LIMITED A 520,000,000 Term Subordinated Floating Rate Notes Due 2000 In accordance with the provisions of the Note, notice is hereby given that for the six month interest period from 21 December 1992 to 21 June 1993, the Note will carry an Interest Rate of 6.1875%
      75 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5532 21 Bernama IMPROVED sentiment towards the end of the week enabled share priees to recover from early losses to close on a slightly higher note. The KLSE Composite Index added 5.82 points over the week to elose at 641.08 on Friday and the all shares
      Bernama  -  5,532 words

  • BT SHARE INFORMATION SERVICE
    • 339 22 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) Asia Pacific Dec 18 Sep 92 $64.193(165.969) 50 7(52 1) 42 9(40 6) f&N Dec 18 Sep 92 $72.110($57,443) 409(326) 192(192) Material H Dec 18 Jun 92 $599L ($1,357) -(5) 5TL(7IE) Wearies
      339 words
    • 53 22 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) .C&C Dec 1 Sep 92 $65,010(171,942) 8 7(14 8) 17(17) Times Pub Nov 20 Aug 92 $24,168(535.903) 19.9(295) 10(10) NST Nov 16 Aug 92 MS68.894($55,298) 38(31) 20(10) Untphoenu Nov 2 Jul 92
      53 words
    • 261 22 Company Date Half-year Group Net Interim ann to profit/loss dividend (000) Kim Eng Dec 1 Sep 92 $7,388(53,694) M Credit Dec 1 Sep 92 $2,042L($6.249) l(-) GB Hktgs Nov 30 Sep 92 $1,825(11.108) 2.5TE(2.5)TE Metro Hldgs Nov 27 Sep 92 $3,661 ($1,938) PMRI Nov 27 Sep 92 M$l,257<$4.868)
      261 words
    • 782 22 Trans Registered Substantial Buy/ No. of Amount Shareholding stock Date Holder Shareholder/Director Sell shares Before *h Aftor SPH 16/12/92 United Overseas Insurance S 10.000 91.000 655.000 0 00 645.000 0 00 I DBS Land 15/12/92 Street Names MNO Holdings B 23.000 44.159 286.850.000 44.30 286.873.000 44 31
      782 words
    • 109 22 lain Board Last Fii Year Forecast Date Net Net Profit EPS ■not Tear EPS Gross profit Range Range Company Period last jr ending (cts) dhr (S'OM) (SJm) (cts) Rarto Polo F Nov 18 Dec 92 1.8 1.5 4.925 4.5 —7 5 1.2-2.0 pofa Last Full Year Forecast Date
      109 words
    • 287 22 Main Board Last Fii Year 1 Cwnpany Period Date Year EPS Cms Net aanonced ending (cts) dhr profit last year (SS'OOO) ■Maes Interim Sep 10 Dec 92 5.3 50 4.436 'ITPHWgs Interim Nov 15 Mar 93 2.5 3.3 3.981 lie-HP* Interim Nov 15 Mar 93 2.1 7.0
      287 words
    • 711 22 Current Ex Books Date Total for Total for payment date dose payable the year last year AISB 51(b) Jan 8 Jan 22 Jan 29 51 12% Am* Steel 50c 12%(b) Nov 19 Dec 3 Jan 2 121 121 Amtek Ei* 20c 61TE Dec 4 Dec 10 Dec 30
      711 words
    • 1062 22 Dec 17 CSA Holdings Ltd has bought 30 per cent (5,637 sqm) of the eight-storey Henderson Building from Henderson Development Pte Ltd for $16.38 million. PT DBS Buana Tat Lee Bank, a joint venture between Indonesia s Buana Bank and Singapore's DBS Bank and Tat Lee Bank, will
      1,062 words
    • 365 22 Company Rights Issue Aiance Tedi Three tor five <a SI 00 per share Ex-date Dec 10 Bks Close Dec 22 Acceptance and Payment NYA Guthrie GTS One tor-one SO 23 per share Exdate Nov 26 Boots Close Dec 8 Acceptance Payment Jan 18 krom Em Onetorfive (n $2
      365 words
    • 395 22 Company Rights Issue fcnal Steel Onetor two (a M$2 20 per share Issue of *****m 501 Cumulative Redeemable Preference shares of 10 sen each 1992 97 (CRPS) with up to *****m Transferable Subscription Rights (TSR) tor an aggregate pnce of M$1 per CRPS with one TSR. on the
      395 words
    • 135 22 Tenaga Naswnal Bhd: 2nd AGM at Dewan Merdeka. Putra World Trade Centre. Jalan Tun Ismail. ***** Kuala Lumpur, on Tuesday. December 22, at 9.30 am Hotel Malaysia Ltd: 30th AGM at the Tudor Ballroom, Goodwood Park Hotel. Scotts Road. Singapore, on Tuesday. December 22. at 11.15 am Goodwood
      135 words
    • 64 22 Conversion Special Trdg Scripless Conversion deadline Period Trading Com pan> starts (IDF) (ST) starts Alliance I ech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Guthrie GTS Jan 5 Jan 26 Jan 13 Jan 26 Jan 27 SIA Dec 4 Dec 31 Dec 18 Dec 31
      64 words
    • 155 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 htfi 1316.68 (21/2/92) 1992 Nftr *****2 (27/1/92) 1992 loir 1122.50 (18 8/92) 1992 low: 1310.95 (18/8/92) 1991 h«h: 1333.08 3/6/91) 1991 htfi: 1565.58 3/6/91) 1991 low; 1022.52 (16/1/91) 1991 1149.08 (16/1/91) 1990 htfi: 1435.43 (16/7/90) 199 o 1607.12 (27/3/90) 1990
      155 words
    • 369 22 In local curt In SS In I'SS dy S >t S dy yT dy yr Dec 17 Index chge chge chge cfage chge chge World 390.6 0.4 -4.3 0.4 -5.8 0.5 -6.8 *EAFE 454.9 0.3 -9.4 0.5 -11.9 0.6 -12.8 Europe 420.5 0.1 2.2 0.1
      369 words

  • MARKET REVIEWS
    • 324 23 AFP IIfP^NEWVOBK NEW YORK After dropping around 50 points in three straight sessions. Wall Street fought back to close with a slight gain for the week thanks mainly to the triple-witching hour. Profit-taking began the week before and continued into the early part of last
      AFP  -  324 words
    • 738 23 Sun Hung Kai Research HONGKONG THE MARKET staged a technical rebound last week. Institutional buying emerged at the 5.200-5,300 level as investors expected a moderate recovery with the absence of any further bad news. Sentiment was also boosted by the narrowing of the premium on
      Sun Hung Kai Research  -  738 words
    • ASIAN MARKETS ROUNDUP
      • 177 23 SHARE prices finished the week strongly on the Sydney Stock Exchange on Friday after some impressive institutional buying towards the close, brokers said. At the close of trading, the All Ordinaries Index was up a healthy 16.2 points to 1,515.7. Good gains occurred across the boards. The All Industrials
        177 words
      • 213 23 The Stock Exchange of Thailand (SET) index shed a slim 0.95 points Friday to close a week of thin, lacklustre trading at 848.97, down 3.64 points or 0.4 per cent from a week earlier. For the week, which saw the lowest trading volume of the year Wednesday, the index
        213 words
      • 140 23 DESPITE a rebound in the early half of the week, the Philippine stock market fell again after the government forecast that economic growth this year would be as low as 1.2 per cent, bourse spokesmen said. At the Manila Stock Exchange, the Composite Index fell 1.3 per cent to
        140 words
      • 108 23 THE liquidation of Bank Summa undermined the Jakarta Stock Exchange (JSE) during the week, brokers said. The JSE index ended at 271,855 on Friday from 278,577 a week earlier. Average daily trading volume surged to 8.01 million shares worth 28.47 billion rupiah, from the previous week's 6.45 million shares
        108 words
      • 192 23 SHARE prices on the Taiwan Stock Exchange steadily lost momentum amid stagnant buying interest in the run-up to the Dec 19 parliamentary elections, closing on Friday two per cent down over the week. Wiping out a 2.3-per cent jump the preceding week, the 314-issue Weighted Price Index slid 76.31
        192 words
      • 133 23 SHARE prices on the Seoul stock market gained over the week to close on Saturday at 663.31 points, up 16.03 points or 2.4 per cent from a week earlier. The index rose 22 points on Saturday morning, spurred by the election victory of majority party presidential candidate Kim YoungSam.
        133 words
      • 256 23 UNCERTAINTIES gripping India after widespread Hin-du-Moslem violence continued to overshadow the Bombay Stock Exchange (BSE) over the week, although prices started picking up by the weekend. The BSE Sensitivity Index, based on 30 blue chip companies, dropped 2.3 per cent to 2,476.39 points and the National Index, a barometer
        256 words
    • 266 23 AFP j^TOKVO SHARE prices ended moderately higher last week on the Tokyo Stock Exchange as active buying by public funds continued to boost prices. The Nikkei Stock Average of 225 selected issues in the first section, a 145.33 yen winner the previous week,
      AFP  -  266 words
    • 863 23  -  i LONDON By Ray Heath Dint; dong. merrily on high. On Wall Street stocks are zinging. Ding Jong merrily on high. In London, the brokers singing. AND. indeed it was a merry start to the festive season at the end of
      863 words
  • Page 23 Advertisements
    • 56 23 jflk N tif t I BUSINESS AS USUAL W I YEAR'S BEST AND Y C Chang and son. Teo Sionq Seng. WORST MOMENTS run Pacific Internationa! Lines (PIL) SPOTLIGHTS: I CDL HOTELS INT L. ACMA flll 1 Tl I Available at newsstands from your newsvendor Times the Bookshops For subscription
      56 words

  • WORLD STOCK MARKETS
    • US stocks at sixth-highest level ever
      • Article, Illustration
        1379 24 DRIVEN by the heaviest trading volume in three years, stocks surged sharply higher on Friday. The broad rally was fuelled largely by the complex trading requirements of professional investors holding options and futures contracts that expired at the close of trading. With volume on the New York Stock
        1,379 words
      • Article, Illustration
        828 24 STOCKS finished the week with a big gain on Friday, pulled up by the futures market, operators said. The 100-share Footsie index climbed by 49.4 points on the day or 1.8 per cent to end at 2,789.7, near its record-high close of 2,792 set on Dec 1. Stock prices
        828 words
      • 490 24 SHARES climbed one per cent on Friday, lifted mostly by short-covering linked to the expiry of options and futures contracts. The 30-share DAX index climbed 15.87 points to 1.492.04. Over the week, the DAX gained 16.03 points or one per cent. "The market is still without orientation and even
        490 words
      • 369 24 THE end of the last full trading week of 1992 saw Dutch shares end higher albeit lifelessly on Friday. The market looked like it had shrugged off its preholiday torpor as it jolted into life, but the momentum was short-lived and shares soon lost some of their early gains.
        369 words
      • 161 24 SHARES managed to retain an optimistic tone all day and finished higher on Friday, erasing the losses clocked up last week. Dealers said prices were lifted by trade in index futures, largely by foreign investors. They said easing tension in the money market prompted a firmer tone in French
        161 words
      • 306 24 SHARES ended up. but off highs in a day marked by strong early demand following the expiry of share options and futures contracts. A stronger dollar and the positive trend in early Wall Street trade led the market slightly higher again in the afternoon after some of the early
        306 words
      • 175 24 SHARES ended the week with strong gains in active trade on Friday, despite the fact that the crown strengthened somewhat during the day and yields crept up from earlier lows. "Many are starting their holiday so people finished off business for the year already," one chief dealer said. The
        175 words
      • 378 24 EQUITY prices finished weak on Friday but ofT midday lows as they found support from the stronger European stock markets and expectations of a firm Wall Street overnight, dealers said. Trade was lacklustre with a few special deals helping boost trade volumes. Among actives were Remgro which traded 529,300
        378 words
      • 84 24 INDICES TURNOVER NEW YORK (W Freiiuws IXv 18 LX)» Jones S& l» 500 1 urnover (million) 3.313.27 441 28 389.3 3.269 23 435 43 251 64 ♦-44.04 5.85 +137.6 LONDON KTSfc l(X) PT-30 Turnover (million) 2.789.7 2.1476 932.8 2.740 3 2.092 5 816.0 -49 4 t 55 1 116.8 FRANKFURT
        84 words
      • 356 24 Brussels I>ec 18 Francs FORWARD MARKET Accc 2550 Arbcd 1760 60 Astur 638 Brascan 358 2 Canpac 368 unch Cock 95 unch De Beers 400 Ebes 7730 GBelg(P) 1810 +20 Gb-Inno-Bm 1270 +14 Gevacrt 6300 50 Gr Bru Lamb 2700 65 Hobok Petro 7700 160 Kyi Dutch 2725 30 Sidro
        356 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKET
    • 449 25 NEW YORK Reuter THE US DOLLAR ended barely changed in extremely dull trade on Friday as dealers engaged in tired last-min-ute booksquaring ahead of the holidays. With no US data and little news, the dollar had little impetus to move outside ranges
      Reuter  -  449 words
    • 680 25 ASIAN CURRENCIES AFP THE US dollar was driven into retreat by most Asian currencies last week, reversing recent gains. The greenback fell back in generally unspectacular trading, with only the Taiwan dollar, Australian dollar and Malaysian ringgit posting losses. Japanese yen: Up 0.73 yen
      AFP  -  680 words
    • 396 25 Cross rates Dec 18 USS ss MS j Dm Yen SFr AS NZS uss 1.6380 2.5780 123.10 0.6333 1.4000 1.4472 1.9305 ss 0.6105 1.5739 0.9530 75.1526 0.3866 0.8547 0.8835 1.1786 MS 0.3879 0.64 0.6055 47.7502 0.2457 0.5431 0.5614 0.7488 Dm 0.6406 1.0493 1.6515 78.86 0.4057 0.8969 0.9271
      396 words
    • 605 25 Interbank rates ss Bid Offer Overnight 3 1/2 3 3/4 1-month 2 1/16 2 3/16 2-month 2 3/16 2 5/16 3-month 2 5/16 2 7/16 Overnight mode: 3 liSS High lx»w 7 days 3 1/16 2 15/16 1 month 3 11/16 3 9/16 2 months 3 9/16 3
      605 words
    • 556 25 Dealers see US-German interest rate spread narrowing Reuter NEW YORK An expanding US economy and slowing growth in Germany have set the stage for a reversal of the two country's fortunes that will aid the dollar in 1993. US foreign exchange dealers and
      Reuter  -  556 words
    • 208 25 Reuter TOKYO Japanese government bond issuance is expected to total about 29.92 trillion yen (Ss39B billion) in fiscal 1993/94 starting April 1, up from an initially budgeted 28.70 trillion yen in the current fiscal year, says a Ministry of Finance official. Economists said
      Reuter  -  208 words
    • 481 25 BANKS ABN Amro Bank NV 6 ANZ Banking Group 6 Allied Irish Bank PLC 6' j American Express Bank 6"i Arab Banking Corp 6'« Arab Bank PLC 6 Asahi Bank Ltd 6' BFCE 6", Ban Hin Lee Bcrhad 6 Banca Commerciale 6''j Banco do Brasil 6'i Bangkok
      481 words
    • 596 25 Reuter LONDON Activity in the UK government bond market will grind to a near halt over the Christmas holiday period but players will return in the New Year to face a number of burning issues. "The gilt market is looking to sleep through
      Reuter  -  596 words
    • 158 25 COMEX Dec 18 GOLD FUTURES (100 oz) US$/oz Open High Low Settle Change Dec 92 337.60 337.60 336.60 336.90 -1.50 Jan 93 337.30 -1.50 Feb 338.20 338.60 337.20 337.70 -1.50 Apr 339.30 339.60 338.40 338.80 -1.50 Jun 341.00 341.20 339.90 340.30 -1.50 Aug 342.00 342.00 342.00 341.90 -1.50
      158 words
  • Page 25 Advertisements

  • COMMODITIES
    • 420 26 Reuter RIO DE JANEIRO Brazil's cocoa traders say that this year has been one of the worst in living memory for them and they will be glad to see the back of it. "The year has been lousy, to use an
      Reuter  -  420 words
    • 237 26 Reuter MOSCOW Geologists think a diamond field discovered seven years ago in northern Russia could produce one tenth of the world's rough diamond output once it is fully operational, a senior official said. But the mine, to be built underground in tricky geological
      Reuter  -  237 words
    • 805 26 REPORTS COMMODITIES markets slowed down over the past week, as news on the economic front was insufficient to give a final boost to prices and few market players wanted to take positions before the year-end. Brent prices were supported by news of production cuts
      805 words
    • 1564 26 Rubber RAS Commodity Exchange (futures closing as at 1 pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 93 146.25 146.00 146.00 200 1.450 Feb 146.75 146.25 146.25 300 4.275 Mar 0.00 0.00 146.50 0 5,325 Apr/Jun 0.00 0.00 147.00 600 21.450
      1,564 words
  • Page 26 Advertisements
    • 102 26 WHOTS IN Find out in Personal Investment and Finance. Every Saturday in Business Times FOR SUCCESSFUL 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
      102 words

  • THE TRAVEL PAGE
    • 1191 27 Flight ETA Flight ETD City FHght ETA Flight ETC Adolatdo SQ228 2050 SQ227 2230 Kathmandu RA408 0825 Amman RJ182 1440 Fill83 2340 KuaU Lumpur ~~MH629 0040 MH602 0700 Si KlB38 2M0 5KS8 Sal ISIS, 8™ •"H— 1655 NZ28 >810 fSm ?M0 SwiTo 0M0 SQf® 8 2030
      1,191 words
    • 728 27  -  POSTCARD FROM OGASAWARA By Christopher McCooey The notice on the door leading to the upper deck said "Closed against rough weather". It was beginning to seem like an understatement. The ship had left the comparative shelter of Tokyo Bay and was heading south right through
      728 words
  • 153 27 As at 10am on Dec 18: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1263 1.1421 Canadian dollar 1.2724 1.2982 NZ dollar 0.8393 0.8600 Sterling pound 2.5755 2.6118 US dollar 1.6350 1.6430 Local dollars to 100 units of foreign currency Austrian
    153 words
  • 64 27 Duration Title Venue Organiser Tel Jan 19-24 International Cologne. Messe-und (49)221/ Furniture Fair Germany Ausstellungs*****74 Cies.m.b.h. Koln Jan 20-23 British Education Barbican EMAP Intl 071-*****47 Training Centre, Exhibitions Ltd. Technology London London Jan 25-27 Fishing Aberdeen. Trenton 081-480 0587 Duration Title Venue Organiser Tel Scotland International Event
    64 words
  • Page 27 Advertisements
    • 48 27 Fly Finnair's new MD-11 the world's most technologically advanced aircraft 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. We know the world from start to Finnish.
      48 words
    • 25 27 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
      25 words
    • 37 27 The sword is the favoured weapon of Hongkong film-makers at the moment. Big-name actors and are draping themselves in period costumes as they imafm parry and slash their way to the box office. |S|HRf luiliSjl NEW, NEWSY
      37 words
  • Page 27 Miscellaneous
    • 314 27 1 Major policy for minor ■■sj 9 True spirit in the heart of 3 a queen (7) 10 Highest army technicians 13 Roll that's what ships do if they roll (4) ii I I I 16 Suffering from hypother- exposure, uncon- jHHHHB bourg politician during tri- LmJ Lh 18 A
      314 words
    • 171 27 Singapore Outlook: Intermittent rain. Expected to be heavy in the afternoon and early evening. Report: Maximum temperature 25.2 Assoc humidity 97% Minimum temperature 22.9 Assoc humidity 98% Hours of sunshine 0 Rainfall in mm 56.6 Rainfall this month 412.5 Rainy days this month 15 World report Asia-Pacific Hi/Lo* Cond. Auckland
      171 words
    • 43 27 -rvAe. PLFKOE. is FesToOMG.D WITH \T SvXe. S»GH OF ReCESsoM LJHPVT-S rnoRE 7] BUWG C\/ej?>iQisl£, IS rev,NG To Cj-tFfP Tuq_ P\R&Tu^ N,N G qQiT 3S3£Sv«.o o p JGTOC £R s^p ?l r i c e H v. »-x.\fc k. L J3. ASSOCMTCDttEWSFAFERSITO.'MMMI j
      43 words

  • 423 28 Attack against Jardines does not apply to other UK concerns Reuter, AFP HONGKONG China said yesterday that British firms in Hongkong would be "protected" after 1997 as long as they respected the law, after making a ferocious attack on British-controlled group
    Reuter,; AFP  -  423 words
  • 214 28 Reuter, AFP TOKYO Japan's official forecast of 3.3 per cent growth in real gross national product (GNP) in the 1993/94 fiscal year starting April 1 would not be "impossible at all". Economic Planning Agency Minister Hajime Funada told a news conference yesterday.
    Reuter,; AFP  -  214 words
  • 388 28 AFP JAKARTA The Indonesian group headed by timber tycoon Prayogo Pangestu is continuing with its bid to buy Astra shares to help bail out the Soeryadjaya family from liabilities of some US$76O million (S$ 1.24 billion) after Bank Summa's liquidation, William
    AFP  -  388 words
  • 182 28 AFP KUALA LUMPUR Malaysian opposition leader Lim Kit Siang said yesterday that his party would file eourt action later this week to challenge the legality of the recent rev iew of the country's electoral constituencies. Mr Lim, in a statement, claimed that
    AFP  -  182 words
  • 279 28 Measures will be adopted to separate business and politics AP SEOUL President-elect Kim Young-sam's administration is expected to reduce the dominant role of large conglomerates in the Korean economy, analysts said. Controversy during the presidential election campaign over "money politics" by a billionaire
    AP  -  279 words
  • 888 28  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist THE US MARINES who hit the beaches of Mogadishu two weeks ago have initiated a form of intervention which is fundamentally different from the traditional peace-keeping role entrusted by the
    888 words
  • Page 28 Advertisements
    • 53 28 Every Saturday in Business Times k Capture the Magic of a XMAS Thomson Restaurant Gather the family for the merriest Christmas ever at Kelong Thomson Restaurant. Pv Feast on festive delights pj and capture the magic < 1 a fami, V Christmas. KLOTTC THOMSON #01 -85/88 Thomson Plaza, Upper Thomson
      53 words
    • 213 28 Jardines' role in Hk terminal project in doubt. PR4 Tension simmers in Hongkong political arena. Summa selling stake in electronics firm, Pg3 A Special Christmas cS£ ur fJ?spoft am/fm Radio $io Shopping List Of Alarm Clock AM/FM Radio $15 r n Sunny AM/FM Radio $12 NCVCr To Be Walkman Speakers
      213 words
    • 27 28 I Every Saturday in Business Times English classic British design Tower of London British classic collection A iohn langford of London Available at all leading department stores.
      27 words

  • Shipping Times
    • 455 29  -  By Rahita Elias SINGAPORE A grouping of shipping lines plying the trade from the US to Asia, including national carrier Neptune Orient Lines, will lower its bunker surcharges from next month, in line with the easing of fuel cost in the last
      455 words
    • 250 29 Reuter ROTTERDAM Dutch shipping group Koninklijke Nedlloyd Groep NV said Norwegian investor Torstein Hagen had been asked by fellow board members to resign his seat on the company's supervisory board. Mr Hagen, who owns about 27 per cent of Nedlloyd's paper shares
      Reuter  -  250 words
    • 1130 29 Page Col ABC Containerline 12 1 < Accord Group 8 1-3 < Ahrenkicl Liner 16 4 < Allied-Link 16 4/5 I Alpha Feeders 6 1 ANL 3 1/2 < APL 5 3-5 Asian Break-Bulk 16 5 ASCL 5 5 ASXCL Shpg 15 2
      1,130 words
    • 226 29 UPI AUSTIN, Texas The Spanish government has asked the Texas General I .and Office to make recommendations for the cleanup of millions of gallons of oil that spilled from a Greek tanker earlier this month. The agency said last Friday that Tim
      UPI  -  226 words
    • 488 29 The Akatsuki Main saga AFP LORD HOWE ISLAND. Australia The plutoniumloaded Japanese ship Akatsuki Marit. joined by a second escort, looks certain to enter the waters of tiny South Pacific states opposed to the presence of nuclear cargo. Greenpeace said yesterday. The ship, taking its
      AFP  -  488 words
    • 576 29 Reuter COLOMBO A makeshift hearth on the floor of the ship's galley bears stark testimony to the plight of seven lonely seamen still stranded aboard the cruise ship Vignesswara, 20 months after it berthed in Colombo. With the owners bankrupt and the ship itself
      Reuter  -  576 words
    • LOG BOOK
      • 83 30 KUWAIT Kuwait is to sell two 333,750-deadweight-tonne oil tankers bought in 1989 for US$3O million (5549.2 million) each, the president of the state-owned Kuwait Oil Tanker Company (KOTC) was quoted as saying on Saturday. The daily al-Qabas newspaper quoted Abdullah Roumi saying
        83 words
      • 80 30 PARIS The nine unions of ground staff at Air France decided on Friday to call on members to strike for 220 minutes on Wednesday to protest against the airline's planned job cuts, union sources said. The work stoppages, accompanied by demonstrations, are to be
        80 words
      • 87 30 SEATTLE Japan's All Nippon Company ordered seven Boeing 737-500 passenger planes and options for eight more. Boeing said on Friday. The order, including the options, is worth US$66O million. It brings to 242 the number of orders for Boeing planes this year, with a
        87 words
      • 48 30 STAVANGER The Cayman Islands refrigerated merchant vessel Savonian Reefer, on its maiden voyage, dragged anchors and ran ashore at Bovagen near Karmsunde on the Norwegian coast in stormy weather on Friday morning, Lloyd's Shipping Intelligence Service said. The 11,095-dwt ship suffered no leakage.
        48 words
      • 46 30 LONDON The 52,650-deadweight-tonne Elimar Kivistik anchored with main engine failure at St Margaret's, near Dover, according to Lloyd's Intelligence. The Estonianflagged vessel had been in ballast for Port Kamsar. The Dover coastguard had no indication how long the vessel will be anchored.
        46 words
      • 58 30 LONDON The motor vessel Demetrios. unmanned, ran aground around 1100 GMT on Friday on the coast of southwestern England after breaking away from a salvage tug. Lloyd's Shipping Intelligence Service said. The 13,433-dwt vessel, en route from Dunkirk to Greece for breaking, ran aground just
        58 words
      • 53 30 LONDON The Hongkong-flagged bulk carrier NL Trader was surveyed for damage on Dec 15 at Prince Rupert, British Columbia, Canada. Lloyd's Shipping Intelligence Service said. The 61.131-dwt vessel allegedly sustained damage while on ballast passage from Kwang Yang, Korea, to British Columbia in heavy weather
        53 words
    • 828 30 Singapore Airport Terminal Services has launched a computerised system linking all parties in the air cargo community S AT's parent company. SIA. has taken the first step to establish a cargo community system in Singapore where communication within the community is improved through the use of
      828 words
    • 982 30 THIS twice weekly report. compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      982 words
    • 12125 38 I his is a list ol shifts loading at Singapore tor ports around the world. It tabulates, by destination, the name ot the ship, the shipping line involved and the estimated dates ot arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang
      12,125 words
    • SHIPS IN PORT
      • 577 45 Vwse) Voy No Berth Arrival Departure Vessel Voy No Berth Arnvil Oepartue Marina Wharves la as ventur 9/92 P04 21 12/1830 22.12/1100 Batam Baru B204 M04 21 12 0900 2212 2300 Melaka laya 17/92 P08A 21 12/1600 21 12/2000 Batam Maiu *****2 M04 21 12/1000 22 12
        577 words
      • 1374 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rslts Ship Voy No Etb/Btr Period From To From ACX Lilac 12B 22/0500 1 20/1500 20/1659 20/1900 2 20/1700 21/0659 21/0900 3 21/0700 21/1159 21/1400 ACX Lotus 33A 22/0600 1 20/1500 20/1659 20/1900 2 20/1700 21/0659 21/0900 3
        1,374 words
    • 928 46 THE RECENT firm trend in dry cargo physical freight rates and Biffex futures prices was maintained on Thursday with interest holding up ahead of the Christmas holiday, brokers said. Heavy grain from US Gulf to Hamburg was booked at US$lB.5O, while a smaller cargo from Chicago to Lisbon
      928 words
    • 889 46 COURSES Shipping courses organised by Singapore National Shipping Association. 1993 Feb 3 Apr 7 (10 evenings): Effective Written Communication in Shipping Management (SDF 50%). Feb 11 May 20 13 evenings): Principles of Shipping Documentations Practices (SDF 70%). Feb 26: 1-day Familiarisation Course on Singapore Bunkering Procedure (case by
      889 words
    • 413 48 NYT NEW YORK Buoyed by the slowly improving economy, back-to-back long weekends and the growing popularity of winter vacations, more Americans are hitting the road this holiday season than at any time since 1989. And they are not onlytaking to the highways in large
      NYT  -  413 words
    • 237 48 Bloomberg LIMA Peru raised US$4l million (Ss67 million) through the sale of a 70 per cent stake in the state-owned air carrier Aeroperu to a local group of companies, Peruvian officials said. The government plans to keep a 20 per cent stake, and the
      Bloomberg  -  237 words
    • 227 48 UPI LONDON Aircraft and defence manufacturer British Aerospace announced last Friday it will lay off another 600 staff in 1993 because of the worsening British recession. This brings to more than 1,200 the number of job cuts announced by the aerospace giant last week.
      UPI  -  227 words
    • 414 48 AP PARIS State-owned Air France said on Frida> its financial situation has deteriorated faster than originally projected, and this >ear's loss is likely to reach about 4.4 billion francs (Ssl.3 billion). The new estimate is 1.4 billion francs greater than the
      AP  -  414 words
    • 482 48 UPI HIGHLAND PARK. Michigan Lee lacocca. shifting down from 46 years of highgear carmaking. made a last pitch as Chrysler Corp chairman for adoption of the stiffer gasoline tax he has urged the nation's four past presidents to enact. \mericans should not
      UPI  -  482 words
    • 580 48 UPI WARSAW Some 1.000 railway workers joined a strike on Friday of 300.000 miners that has crippled output from Poland's coal mines in the worst crisis yet for the 5-month-old government of Prime Minister Hanna Suchocka. Some 60 trains 90 per
      UPI  -  580 words
  • Page 29 Advertisements
    • 25 29 Lines and services represented by Members of tbe Registry ot Accredited fl£SS|\ ifftmSSi Sh>worfl Natlonai SW P" For adverting enquiries, contact Shipping Timet Tel 740-*****740-2090.
      25 words
    • 140 29 THE f*»<6 b^sk/pmak ■iMlll.'U 224 1833 For more information please refer to Pg. 13 Sats launches computerised system for cargo community, Page 2 Good tidings for US travel industry, Back Page Nedlloyd Lines announce an excitingl new first for shippers to Australia! Commencing January 1993 A TOTALLY NEW SERVICE offering:
      140 words

  • Page 30 Advertisements
    • 99 30 +^r r wsir I "7^^ X y It could be a controversial deal between two stock I market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS
      99 words

  • Page 31 Advertisements
    • 2924 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 \kwWgW BOOKINGS TEL: *****34 *****58/ *****40 a iii K M CFS (PSA F5) TEL *****21/ *****79 pftfiAfiflrl PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L J PORT KELANG TEL *****18 FAX *****91 *****88 n ~l*> C PENANG TEL *****4 FAX *****1 CFS
      2,924 words
    • 423 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT uasc7| f UNITED ARAB SHIPPING CI (SAGjj M I a I lit I it I I mi VII 7/ M I'M II M 12 M MM W 1101 n 92 24/12 2VM 27
      423 words
    • 1409 31 ■□rr.HHH'L'H IMPROVED SERVICES TO WEST AFRICA WEST MEDITERRANEAN TWICE-WEEKLY DEPARTURES FASTER TRANSIT TIMES Vanet Voy ETA ETO Fwder by Sea Lark Aries DESTINATIONS Tina met A»« #302 T7^4"1i.11. CY 22/12 0800 MRS WtM RRBHHHi CFS 21/12 2359 MRS JOH LPK PEN OAK LGB MOU VPR ATL MIA CHS BAI PHI
      1,409 words

  • Page 32 Advertisements
    • 1584 32 AOABA ROAM/ [I VOY NO SPORE JEDDAH (via JED) S TON H BURG ANT HAVRE MONTE ROSA 22/151 24/12 9/1 12/1 10/1 1. MX WESTBOUND DRESDEN EXPRESS 08 351 26/12 5/1 11/1 13/1 16/1 18/1 20/1 POM KELANS IKNMB KAMAKURA 26/152 31/12 16/1 19/1 17/1 CM GO TO UK/CONTWENT KAGA
      1,584 words
    • 620 32 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vootochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ITA BIN VILLE DE CANOPUS 27/12 VILLE DE PROVENCE 03/01 VILLE
      620 words
    • 1415 32 EXPRESS LCL SERVICE DEPARTING EVERY SUNDAY WE ARE PLEASED TO ANNOUNCE NEXT SAILING: SL MARINER VOY: 302W ETA SINGAPORE 27/12/92 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 FRANCE LE
      1,415 words

  • Page 33 Advertisements
    • 1924 33 m STRAITS SHIPPING PTE LTD ABEf 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 accepts CARGO 001 SAtS RAJAH BROOME V24C Muaia. lab 21 22 D«c 22 Dec 23 Dec SINGAPORE SIHANOUK VULf STRAITS STAR V2OC KR, SMan, Taw 23,24 &26 D*c 26 D*c 27
      1,924 words
    • 2658 33 t SINGAPORE AGENT: mfl PXt/| I Aritoinai*C p&0 Containers (Singapore Agencies) Pte Ltd X iXV/ d 1 0 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■F* Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 P* s '04 909 0000? -t SS( l VOY PKO SM ALO
      2,658 words

  • Page 34 Advertisements
    • 772 34 J DJAKARTA 1W LLOYD INDONESIA NATIONAL LINE TO EUROPE CYPOCOB STRVICE I 1 >OM> *0M 1 HWC 1 BWMNI MlTwqf MAIAHAM I 33W18 I 2173/12 1 ?31 26/1 1? 4/2 TO AUSTRALIA rUU-^ttYAlNgft EAST COAST PORTS «l VOY PHI STOtt STO WIB BUR BOG MWO ASIA ***** 21/12 23,12 10/1
      772 words
    • 1739 34 HANJIN SHIPPING I EDO VSI I SM llff HAUL SEA VCR FOR VSI SM lIMC HAU. SAV HM NYC HANJIN KUNSAN 032E 21/12 H. TONGHAE 097E 14/1 15/1 HANJ* KUNSJW 0121 21 12 M ASIA 00ft 21/1 21/1 31/1 FISHGUARD BAY 301N 28 12 H. NEWYORK 046£ 21/1 22/1 FISHGUARD
      1,739 words
    • 1382 34 d I rl "T3"3^"i^ I m use mus rus wi on nct as rro ui cm bai ntc lm* anw roh n» «c no cm ru I I GIANT K 050 22/12 21/12 21/12 30/12 4/1 5/1 7/1 i/1 10/1 11/1 22/1 3/2 5/2 6/2 16/2 17/2 11/2 19/2 20/2
      1,382 words

  • Page 35 Advertisements
    • 1283 35 YEAR-END LOADER I II II SCX: 'NEPTUNE CRYSTAL 10E' II Ivvlar II ETA SGP 31/12/92 I] II ETD SGP 31/12/92 ARRIVING LOS ANGELES 17/01/93 IN 17 DAYS M TO PNW iwi POINTS I roemfOHHK-wcwf-Miumopoum-ATijMncymiij U FEEDER VSL VOY SGP MOTHER VBL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK
      1,283 words
    • 349 35 CENTENARY SHIPPING SERVICE WEEKLY FULL CONTAINER DIRECT SERVICE SINGAPORE/HO CHI MINH CITY Now providing Container Trucking toVungtau, from Ho Chi Mlnh Qty VESSEL S NAME VOY. NBR ETA/D S PORE ETA/D HCM CITY TANAH AIR 71N/S 28 28 DEC 3131 DEC 92 TANAH AIR 72N/S 04 04 JAN 07-07 JAN
      349 words
    • 198 35 m NIPPON EXPRESS I b Arrow International Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO, YOKOHAMA. NAGOYA. KAOSHIUNCi HONG KONG. BANGKOK. KEELUNG. KOBE U.S./AUSTRALIA WEEKLY LOS ANGELES (LONG BEACH). NEW YORK CHICAGO. SYDNEY. MELBOURNE EL ROPE W EEKLY FELIXSTOWE. ROTTERDAM. HAMBURG DUSSELDORF W E ALSO DEAL IN FCL CARGO WORLDWIDE ARROW
      198 words
    • 1192 35 SNSOV 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 EASTBOWD—OISCHAWGWG WESTBOUND-LOADING TRANSHmD VIA ROTTERDAM
      1,192 words

  • Page 36 Advertisements
    • 1710 36 K** AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CR No **********0 M) <V m T V TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I I M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD J M 1 mZj TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISEN
      1,710 words
    • 1260 36 PHILI-ORItNT UN€S PT€ LTP 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 3 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU Wgg MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Va,r rOH—HHWMB fCLwigpwgl]--18 DEC SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 27 DEC
      1,260 words

  • Page 37 Advertisements
    • 919 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO **********06 VESSEL VOY SIN BKK SIN VESSEL VOY SIN SITT SIN KOTA RiNTiur krtaam *>/« 9S/15 50/13 BUNGA TERATAI 513 22/12 25/12 29/12 KOTA BINTANG KBT4BN 22/12 25/12 2S/12 EQUATOR HAWK 74N 23/12
      919 words
    • 1652 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY F P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN S(XJ(1) RTM (2) HAM (3) GOT (4) e 18/12 18/12 19'12 BENAVQN 2502 22/12 8/1 10/J 11/1 13/1 g 25/12 25/12 26 '12 JUTLANCHA 2512 29/12 15/1 17/1 18/1 20/1 0 1/1 T7l 277"
      1,652 words
    • 290 37 °BSA° TRANSPORTATION mm MYANMA MBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Kit Pen P.Gdg HP* UN VIB4W In Port PAGAN VI9IW 4/6 iw HPA AN VIBSW 9/11 lan NIGERIAN NATIONAL it SHIPPING LINE HP NIGERIA EXPRESS SERVICE l\ RIVER MAJE RIVER NGADA V.50 V.50
      290 words


  • Page 39 Advertisements
    • 50 39 I/C* VISA FREIGHT SERVICES PTE LTD £5j mMm—o Established Since 1984 y AUCKLAND SYDWEIf IMPORTkEXPORT V\ I WELBOWWB fREHAJYTLE SERVICES T FOR BOOKING ft 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
      50 words

  • Page 40 Advertisements
    • 1048 40 Conventional Semi-Container Liner Services General Agents: Booking Agents: Yick Fung Shipping FmgM Bo**t GrtthJup Agfcm Enterprise Co Ltd cntnS4nßM pte iti west a*** o*>i Tel: 337 2441 (4 lines) Tel: 538 1088 62 Cecil Street Fax: 336 3851 Fax: 538 1116/538 1066 T.P.I. Building *02 00 Tlx: FRETER RS *****
      1,048 words
    • 1906 40 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: J General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pit Ltd Shipping Freight 800k hi* Centrt Sdn SM 58 Persiaran Rap Mixta Musa Lot 3.34. 3rd Floor. Jl IR
      1,906 words

  • Page 41 Advertisements
    • 651 41 (j£ FAMOUS CONTAINER LINES 47#— 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) LIM ASSOL PIRE AUS 26/12 ROTTERDAM 26/12 HAIFA/ASHDOD/ALEXANDRIA 26/12 HAMBURG/BREMEN 26/12 MARSEILLE/FRANCE 26/12 FELIXSTOWE/UK 26/12 BARCELONA/SPAIN 26/12 LEHAVRE/ANTWERP 26/12 GENOA/ITALY 26/12 GOTHENBURG/SCANDINAVIA 26/12 LOS ANGELES/WC/IPI 26/12 SYDNEY/MELBOURNE 23/12 NEW YORK/EC 26/12
      651 words
    • 764 41 GS RICHFIELD MARINE AGENCIES (S) PTE LTD S TEL: *****33 (12 Linet) FAX: *****15/*****03 KH TELEX: RS ***** RISHIP (3 Lines) )J> ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOR SPORE ABBAV WONZ 34W8 In Pt DARESSACAAM MOMBASA OJIBOUTI ASSAB MASSAWA
      764 words
    • 859 41 JAKARTA BANGKOK waa I wr I m I m [wa Inn vmmm ~uimm WMM BHUM 172S 23/12 26/12 PITA BHUM 264* Hon to Pt Thur 24/12 BHUM 10S 25/12 > 29/12 G KOfINTSEV 06N Tut 22/12 fri 25/12 BENIA Btm MS 26/12 30/12 MAHA BHUM 138N Wed 23/12 Sji 27/12
      859 words

  • Page 42 Advertisements
    • 1716 42 GROUPAGE I I IVvX JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v w P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS PEN PKL SIN PEN PK S(N 24/12 25/12 26/12 Hong Kong Ldn/Flx/Rdm/Ant/LHV 24/12 25/12 26/12 27/12 28/12 29/12 Hong Kong G'burg/C hagen/S hohn/Oslo
      1,716 words
    • 261 42 p* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS S m AKL LYT SIN AUST STAR 84S 2S/12 6/1 8/1 2S/1 PROSPECT 22S 6/1 18/1 20/1 6/2 NZ STAR 5S 19/1 31/1 2/2 19/2 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW
      261 words
    • 1036 42 f THONG SOON LINES PTE. LTD.] Ms 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 •Br TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I MWVitlfttMAL/MNtAIMIh I I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |»0T IS'POtt |PEST VESSEL TOT SPORE
      1,036 words

  • Page 43 Advertisements
    • 893 43 COMPANIA PERUANA DE VAPORES X "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL SOC CARGOES TO/FROM CALLAO, MATARANI, 110* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. WeV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA. MOJI, TOKYO'. MANIA*. DAVAO*, Penanj* P. Kelanj
      893 words
    • 609 43 |CZ3 zim Fwl Cwtilßw trrlca LAmJ N.AMERICA/CARRIBEAN SERVICES wssil Ivor si I wnmi Ivor m «st m» I ibc I m YESSfI 29 12 m IAPAA 4f 2(1 4/2 8/2 16/2 12/2 I AUIAMMA 74C 4/1 m PUSAN IK 4 2 11/2 17/2 19/2 21/2 m rtw/u io« 19/1 m
      609 words
    • 685 43 REGULAR LINER SERVICE FIXED DAY SCHEDULE NAJD LINER SERVICE PORT KLANO/ JAKARTA/ SINGAPORE/ PORT KLANO VOY ETOPKG ETA MI ETA SIN M V lEOIU 92/1 1/12 5/12 |/12 M/V LEONA 92/2 9/12 13/12 U/12 M/V LEONA 92/3 17/12 21/12 24/12 M/V LEOMA 92/4 25/12 29/12 1/1 M/V LEONA 93/1 2/1
      685 words
    • 481 43 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/MEDTTERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST
      481 words
    • 511 43 SIN FAR EAST 29/12 KEELUNG KAOHSIUNG 26/12 BANGKOK 28 12 MANILA, CEBU 26/12 JAKARTA/BELAWAN/ SURABAYA 28/12 PORT KELANG PENANG/E. MALAYSIA 28/12 BUSAN 27/12 TOKYO/YOKO/KOBE/NGO/OSA 28/12 HONG KONG SIN CHINA 28/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/ SHANTOU DALIAN/SHANGHAI XINGANG TIANJIN QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 26/12 LDN/FLX/LVP SOU 26/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also
      511 words

  • Page 44 Advertisements
    • 504 44 HONG KONG/CHINA 28/12 JAKARTA 27/12 BANGKOK 26/12 MANILA 27/12 BUSAN 28/12 KEELUNG 28/12 TOKYO/KOBE 26/12 KAOSHIUNG 26/12 PORT KELANG/PENANG 28/12 YOKOHAMA 26/12 COLOMBO 29/12 FELIXSTOWE/HAMBURG 26/12 CHITTAGONG/MADRAS 26/12 ROTTERDAM/LE HARVE 26/12 BOMBAY/KARACHI 28/12 ANTWERP 26/12 CALCUTTA 26/12 LAX/NYC 27/12 SYDNEY/MELBOURNE 18/12 CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE *****88 For
      504 words
    • 500 44 Eonterm! CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26TH DECEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 27 DEC JAKARTA 20 DEC PENANG 24 DEC PORT KELANG 24 DEC MELBOURNE 28 DEC SYDNEY 28 DEC FREMANTLE 20 DEC BRISBANE 30 DEC HAMBURG 26 DEC FELIXSTOWE 26 DEC GOTHENBURG 26 DEC
      500 words
    • 738 44 This Week's Sailings I To! kTd ito kTd Singapore Singapore FVFRY EVERY Bangkok WED SUN Hamburg SAT m EVERY EVERY |jf feU-Sl Manila FRI Ho C hi Minh FRI T*® EVERY EVERY C olombo MON Ixjs Angeles SUN cjrTell Fil! Von C tun fit Singapore 778 6522 *****38 Gandhi ot§
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  • Page 45 Advertisements
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  • Page 46 Advertisements
    • 301 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SHGAPORE MANILA VIGOUR SINGAPORE 43N8 25/12/92 01/01/93 FRDAYTNO MONDAY VIGOUR SINGAPORE 43ANB 28/12/92 01/01/93 VIGOUR LUZON BNB 01/01/93 08/01/93 VIGOUR LUZON BANB 04/01/93 08/01/93 1 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG FLAPS 9233N8 23/12/92 25/12 92 ARKTIS
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    • 299 46 .&.coscol UKC CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOACH NO FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 15/01 20/01 Huartgpu/Ouangzhou CQBCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANQKOK/HONOKONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN QULF/KARACHI Please refer above mentioned
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  • Page 46 Miscellaneous
    • 703 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0?00 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 ?000 2100 2200 2300 ID 18 IS 13 1.3 1.4 1.6 2.1 2.5 28 2.9 2.7 2.4 19 1.4 1.0 07 06 06 08
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  • Page 47 Advertisements
    • 1152 47 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS j PHA+ PKE+ PGO+ I SIN RTM AWT* LEW HAM Bftj PEL I H INNOVATOR 301W 17/12 18/12 19/12 20/12 8/1 8/1 9/1 9/1 9/1 12/1 SI MARKER 302W 24/12 25/12 26/12 27/12 15/1 15/1 16/1 16/1 16/1 19/1 H.
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    • 462 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS turn *ox v n uc u uu HLU nan- cosac cmaiuku 22 22/12 2«/i2 mu II 21/12 2S/12 TAAJMC UU 11 25/12 27/12 TIAK A»TO 4» 21/12 27/12 Ml 11/12 cosac HUTU II 21/12 cosac noun 27 1/1 s
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    • 774 47 EXPORT TO: JEDDAH/UK/CONTINENT |SfOK B) S TON HBUK ADAM lIH Aho Accept** Cjrf* far: MONTE MSA 22/151 21/12 1/1 12/1 10/1 Souturptor tt Mt* dntkubon. Mnt M D*to DKSttN EffttSS 08/151 2C/12 S/l 11/1 lft/1 18/1 20/1 Aottardam :to d Antwerp Aimtcrtfjm. too. Hettfe AAAMKUM 74 152 11/12 lft/1 11/1
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    • 150 47 BINTAN6 MAS SHIPPIN6 PTE. LTD. 39 NEL ROAO SINGAPORE 0208 TIL: *****88 TLX: R*****5 SWMER FAX: *****64 ACCEPTS HUTSOf CARGO STORE DESTMATION MERCURY JADE V23E 21 22 OEC 22-23 DEC Muara. labuan BMTAMG BELAfT V27E 22-23 OEC 24-24 DEC BnMu. Ml KBcM MERCURY PEARI *25E 26-28 DEC 28-29 DEC Muara.
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  • Page 48 Advertisements
    • 60 48 Every Saturday in Business Times —-i "Hie Eyaaitive Housekeeper -this hotel J I wants is me. Sub I'll never neglect I houee b 7 Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN
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