The Business Times, 31 December 1992

Microfilm: NL18513
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 552/12/92 Thursday, December 31, 1992 75 c
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  • NEWS
    • Article
      Beijing to halve restricted commodity exports
      74 1 BEIJING China will halve the number of commodities subject to export restrictions on Jan 1, an official report said yesterday. The move is part of Beijing's efforts to join the General Agreement on Tariffs and Trade. Only 138 commodities will still require export licences,
      74 words
    • Article
      Analysts see UK recovery in 1993
      71 1 LONDON Britain's economy will enjoy a long-awaited recovery from recession in 1993 but the upturn will be weak and marred by rising unemployment and burgeoning public-sector and trade deficits, economists said yesterday. While Prime Minister John Major will be relieved to see the end
      71 words
    • Article
      PC price war
      33 1 THE price war that threatens to engulf the personal computer industry could irreparably harm up to 80 per cent of PC makers, a California-based computer executive warned recently Page 2
      33 words
    • Article
      Oil export potential
      40 1 VIETNAM is poised to become a significant regional oil exporter following a deal with Australia's Broken Hill Proprietary Co Ltd (BHP) and Malaysia's Petronas for the development of its Dai Hung (Big Bear) offshore oilfield. Page 7
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    • Article
      Collor found guilty
      29 1 THE Brazilian Senate yesterday found former president Fernando Collor de Mello guilty of graft and barred him from holding public office for eight years Page 8
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    • Article
      Adelaide defends choice
      30 1 THE South Australian government has had to defend its choice of US-based Sea-Land Service as operator of the Port of Adelaide's container terminal Shipping Times Page 1
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  • MARKETS
    • Article
      Dow higher
      23 1 WALL STREET opened higher yesterday. The index of leading industrial stocks was up 6.19 points to 3,317.03 shortly after trading opened.
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    • Article
      Footsie lower
      38 1 LONDON share prices were lower yesterday. The Eootsie index of 100 leading shares fell by 17 points or by 0.6 per cent to 2,830.8 points in heavy trading from the closing record high point on Tuesday.
      38 words
    • Article
      Bad patch
      53 1 TWO golf projects linked to Lum Chang Holdings appear to have hit a bad patch. Banks here have turned a cold shoulder to its golf club in Kuala Lumpur while members of its club in Batam are wondering if they will ever tcc-ofT there after several delays, sources
      53 words
    • Article
      PSC expands
      22 1 PROVISION Suppliers Corporation (PSC), which is on the acquisition trail, is expanding into the leisure and recreation business Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 707.44 +3.21 Kuaia Lumpur .642.66 -0.29 Tokyo 16.924.95 -360.69 Hongkong 5.467.89 +23.76 Sydney 1,538.2 -0.8 Tuesday Change New York 3.310.84 -22.42 London 2,847.8 +20.3
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    • Article
      CURRENCIES
      24 1 Exchange rates US$ S$ SS1.6405 100 Yen SS 1.3177 MS SS 0.6275 Money market rates Overnight I 3/4% +3/4 3-month 2 3/16% +1/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS332.30 USS-0.60 Rubber S'pore Jan 148.00'/kg unch M*sia Jan 231.00*/kg +0.50 KL Tin Turnover 41 tonnes +9 Spot MSI4.63/kg +0.03 Crude palm oil Turnover 659 lots -650 Mar MS953 /tonne 3
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  • Article
    Asean, regionalism in Trends
    73 1 Trends TWO ARTICLES on Singapore, one on its cultural task and the other on images of it reflected in local fiction writing, appear in this month's Trends, published as a supplement in today's Business Times. Other articles in this issue of Trends include: The new age
    73 words
  • Article, Illustration
    S'pore's non-oil exports surged 29pc last month
    537 1  -  Western economies on the mend and will benefit firms here: analysts By Schutz Lee SINGAPORE The volume of Singapore's non-oil domestic exports surged bv an impressive 29 per cent in November, mainly the result of increased shipments of electronics products to the United
    537 words
  • Article, Illustration
    Rulers' power of clemency, Sedition Act to be amended: Dr M
    454 1  -  From Leslie Lopez in KUALA LUMPUR PRIME MINISTER Mahathir Mohamad yesterday said the Malaysian government would not only remove provisions granting the rulers immunity from prosecution from the constitution, but would also amend the rulers' power of clemency and
    454 words
  • Article
    Local oil trading industry may face shakeout in 1993
    569 1  -  By A J Leow SINGAPORE The local oil trading industry may face a shakeout next year even as the number of international traders setting up shop in the Republic continues to grow. Although there is no shortage of foreign players waiting
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  • Article
    Hanoi receives S'pore Govt report on infrastructure
    398 1  -  From Harish Mehta in HANOI THE Singapore Government recently submitted a comprehensive strategic report to the Hanoi Government on the building and revamping of its war-ravaged economic infrastructure. The report, commissioned by Senior Minister Lee Kuan Yew after he visited Vietnam in April,
    398 words
  • Article
    Lock icon US leading indicators up 0.8pc in November
    152 1 AP. AFP. Reuter WASHINGTON The US government's chief economic forecasting gauge leapt 0.8 per cent in November, the strongest gain in 10 months, the Commerce Department said yesterday. The department said the Index of Leading Indicators, rose following a revised 0.5 per cent
    AP.; AFP.; Reuter  -  152 words
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      159 1 wmm I Burberrysl I WF-.D >. 4/ 81 Reigns when it pours X X y^xxXK.itXXXXXXXXXXXXXXXX.xXXXX Aircraft Schedule 25 Jkt/Bkk/China Stocks 19 TV Radio 12 Commodities 24 KLSE 17 Unit Trusts 16 Company News 3,4 Money Changer Rates 25 Weather 25 Cryptic Crossword 25 Money Market —23 World News 8 Editorial
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      49 1 Normal BT publication tomorrow ALTHOUGH it is a public holiday tomorrow. Business Times will be published and available. Subscribers may expect their copy to be delivered as usual. Offices which are closed should get their copy the day after. Otherwise, subscribers may call the toll-free line 1800-*****77 for assistance.
      49 words
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      161 1 r MEAN'S N'll COMPUTER PRINTER RIBBON MANUFACTURER! Hock Lock Siew: Pac Can needs strong leadership to revive its fortunes, Pg 3 Butterfly by ro//i cfi olbizzate M ModeHRTTFKFI Y. designed by lUiberto Lazzaronl. An unique design m ailable in armchair, iseat sofa and matching tables. A real work of art.
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  • PAGE 2 NEWS
    • Article
      Price war may harm 80pc of PC makers: US exec
      393 2  -  Projection based on changes in other electronics markets By Claire Leow SINGAPORE The price war that threatens to engulf the personal computer (PC) industry could irreparably harm up to 80 per cent of PC makers, a California-based computer executive warned
      393 words
    • Article
      Lock icon Taipei govt to allow wider investment in China
      211 2 Reuter TAIPEI Taiwan, easing curbs on economic ties with China, plans to allow makers of steel, cement, cars, petrochemicals and glass to invest there, Economics Ministry officials said yesterday. They would be required to obtain Taipei's approval for each project, and permission
      Reuter  -  211 words
    • Article, Illustration
      Lock icon HK confident of growth next year
      513 2 Beijing's attacks not likely to derail economy, says Financial Secretary Reuter, AFP HONGKONG Chinas onslaught to crush plans for democratic reform in Hongkong is unlikely to hit the British colony's buoyant economy in spite of dramatic fluctuations on the stock market. Financial Secretary Hamish
      Reuter,; AFP  -  513 words
    • Article
      Lock icon Thais set tariff ceiling of 30pc on most Asean manufactured imports
      306 2 Bloomberg, AFP BANGKOK Thailand will adopt a tariff ceiling of 30 per cent on most manufactured imports from other members of Asean in midFebruary. The limit, covering a total of 1,474 imports and approved by the Cabinet yesterday, was
      Bloomberg,; AFP  -  306 words
    • Article
      Mendaki launches book on Muslim community
      199 2 SINGAPORE A new book entitled Making Fhe Difference Ten Years Of Mendaki. which records developments within Singapore's Muslim community over the past three decades, was launched yesterday at the Raffles Hotel. The 250-page book also traces the development of Mendaki. the Council for the
      199 words
    • Article, Illustration
      Sailors to get weekend permits to enter Bintan, Batam waters
      367 2  -  By Hong Lee Tiam SINGAPORE From Jan 1, boaters from Singapore can sail into Bintan and Batam waters in Indonesia's Riau archipelago on weekend permits. The Indonesian government yesterday said it would allow Singapore-registered boats to dock at Tanjong Pinang
      367 words
    • Article
      Flextronics plans to grow by 20pc in the next two years
      406 2  -  By Teh Hooi Ling SINGAPORE Two years after the buyout by its Asian managers, contract manufacturer Flextronics International has regained lost ground and hopes to grow by about 20 per cent in the next two years. With its sales
      406 words
    • Article
      Lock icon Taiwan widens lead as top investor in Vietnam
      207 2 AFP HANOI Taiwan widened its lead as the top foreign investor in Vietnam in 1992, but sleeping giant Japan started to stir in the final months, according to figures released yesterday. Vietnam licensed 190 foreign investment projects worth US$l.9 billion (Ss3.l billion)
      AFP  -  207 words
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  • COMPANY NEWS 1
    • Article, Illustration
      Two Lum Chang golf projects hit snags
      609 3  -  Financing woes, construction delays stall developments in KL, Batam By Kooi Cho Teng SINGAPORE Two golf projects linked to Lum Chang Holdings appear to have hit a bad patch. Banks here have turned a cold shoulder to its golf club in Kuala Lumpur
      609 words
    • Article
      Chang explains departure from Pac Can
      346 3 SINGAPORE Pacific Can Investment Holdings Ltd is now better placed to exploit new opportunities with its $20 million cash hoard following the sale of its Van Der Horst stake, said outgoing company chairman Brian Chang yesterday. Mr Chang told BT that his appointment as
      346 words
    • Article
      Pac Can needs strong leadership to revive its fortunes
      695 3  -  THE HOCK LOCK SIEW COLUMN Boardroom tussles sapping energies of company By William Chia SINGAPORE When is ailing can manufacturer Pacific Can Investment Holdings Ltd going to get the strong and effective leadership it desperately needs? This thought must have been
      695 words
    • Article
      PSC branches into recreation, leisure business
      386 3  -  By Chuang Peck Ming SINGAPORE Provision Suppliers Corporation, which is on the acquisition trail, is expanding into the leisure and recreation business. The company, which operates the Econ Minimart chain of neighbourhood shops, is paying MsB million (554.9 million) for half the stake of
      386 words
    • Article
      Jack Chia-MPH in the red as strong S$ takes its toll
      380 3  -  By S N Vasuki SINGAPORE The continued appreciation of the local dollar against leading currencies and certain provisions pushed Jack Chia-MPH Ltd into the red for the six months ended Sep 30. Interim turnover rose to $271.33 million and
      380 words
    • COMPANY BRIEFS
      • Article
        Pertama posts 24pc fall in interim earnings
        80 3 SINGAPORE Listed Pertama Holdings Ltd yesterday reported a 24.1 per cent fall in interim net earnings to $980,000 from 5i.29 million a year earlier. It attributed the drop to difficult trading conditions in the retail sector during the past year. In the six
        80 words
      • Article
        Polytek Wearnes' losses widen
        90 3 SINGAPORE Polytek Wearnes Holdings Ltd has gone deeper into the red in the six months ended Sep 30. Interim net losses widened to $1.03 million from $129,000 a year earlier, as turnover slid 13.7 per cent to $30.9 million. Interim pre-tax losses also rose to $1.15
        90 words
      • Article
        Amcol acquires 2m Thai shares
        57 3 SINGAPORE Amcol Holdings Ltd has acquired 2 million ordinary shares of Thailand's Distar Electric Corporation Ltd for 20 million baht ($1.29 million). Amcol has invested $2.76 million in Distar. It said its total investment in the Thai company will remain at 40 per cent. Distar
        57 words
      • Article
        Temasek buys Keppel shares
        37 3 SINGAPORE Keppel Corporation Ltd announced that Temasek Holdings has purchased 28,000 Keppel Corp shares for $179,667 in cash. Temasek's deemed interest in Keppel Corp remains unchanged at 35.05 per cent despite the purchase.
        37 words
      • Article
        KLSE hopeful sees M$40m profit
        72 3 KUALA LUMPUR Road Builder (M) Holdings Bhd, which is seeking a listing on the Kuala Lumpur Stock Exchange's main board, is projecting a group pre-tax profit of M 539.657 million for the year ending June 30, 1993. It is floating eight million ordinary shares of
        72 words
    • Article
      Prima buys US office building for US$29m for investment purposes
      154 3 SINGAPORE Prima Ltd has paid U5529.22 million (5547.9 million) to acquire an office building in the American state of Illinois and intends to hold the property for investment purposes. The company said in an announcement yesterday that the purchase was
      154 words
    • COMPANY BRIEFS
      • Article
        Yaohan HK's interim net profit up 55pc
        83 4 HONGKONG Department store group Yaohan Hongkong Corp said yesterday its net profit rose 54.9 per cent to HKSI6.O million (Ss3.4milhon) in its fiscal first half ended Sep 30 from HKSIO.3 million in the year-earlier period. Ihe Japanese-controlled company said its turnover climbed to
        83 words
      • Article
        Daewoo to buy Sudan firms
        80 4 SEOUL Daewoo Corp, one of South Korea's top trading firms, will purchase three state-run companies in Sudan to make use of the nation's inexpensive labour and raw materials, a spokesman said yesterday. The firms include a spinning mill with 72,000 spinners in Port Sudan, a
        80 words
      • Article
        CanWest buys Westpac's TV unit
        102 4 SYDNEY Westpac Banking Corp said yesterday it had completed the As23o million (*****.8 million) sale of its Ten Network television group to the Oltec Ltd consortium led by Canada's Can West Global Communications Ltd. Oltec is made up of Can West with approximately 15 per
        102 words
      • Article
        LA Gear's ex-officers settle suits
        76 4 LOS ANGELES LA Gear said on Tuesday that four of its former officers, including founder Robert Greenberg, and two current directors have agreed to pay US$33 million (5554.1 million) to settle five shareholder securities fraud lawsuits. The shareholders who sued the company will divide up
        76 words
      • Article
        Matra-Hachette merger gets nod
        57 4 PARIS Shareholders in French defence, transport and communications company Matra SA and media group Hachette on Tuesday overwhelmingly approved the planned merger of the two firms. The merger, part of a vast reorganisation of businessman Jean-Luc Lagardere's empire, will create a company with 50,000 employees and
        57 words
    • Article
      Thai stocks poised to hit record highs in '93: brokerage
      371 4 BANGKOK A top securities brokerage firm has estimated that the Stock Exchange of Thailand Index will reach 1,100 in 1993. based on gross domestic product growth of 7.8 per cent and a recovery in the world economy. The Nation reported.
      371 words
    • Article, Illustration
      Lock icon Tokyo brokers glad to bid goodbye to 1992
      438 4 Reuter TOKYO Sombre-suited traders and officials of the Tokyo Stock Exchange (TSE) clapped out the old year yesterday in traditional style and with a sigh of relief. Few regretted the passing of 1992, which saw the key 225-share Nikkei average plumb six-year
      Reuter  -  438 words
    • Article
      Lock icon IBM unit to handle McDonnell's data processing
      318 4 NYT NEW YORK McDonnell Douglas Corp. the military contractor and commercial plane manufacturer, has said it will turn over most of its information processing operations to an IBM unit. The companies said on Tuesday that McDonnell Douglas would pay the International Business Machines
      NYT  -  318 words
    • Article
      Lock icon Second liners shine in NZ bourse
      583 4 MARKET WATCH Market index fails to reflect years selective bull run Reuter WELLINGTON The New Zealand share market faces an election year worried about interest rates and the world economy but heartened by a selective bull run in 1992 which did not show through
      Reuter  -  583 words
    • Article
      Lock icon S Korean govt to reduce number of chaebol
      404 4 Reuter SEOUL South Korea will next year cut the number of business conglomerates awarded the prized title of chaebol, depriving dozens of large groups of easy access to credit. The Fair Trade Commission. a unit of the Economic Planning Board, yesterday said
      Reuter  -  404 words
    • Article
      Lock icon More China-backed broking firms set up in Hongkong
      347 4 AFP HONGKONG Stock broking houses backed by China are opening in Hongkong. much to the resentment of established players who envy their political and corporate connections in the mainland. Three new houses have emerged to bring the number of Chinese stock brokerages
      AFP  -  347 words
    • Article
      Lock icon Japanese retailer Seibu to open first China outlet
      256 4 South China Morning Post. HONGKONG Japanese retailer Seibu is to open its first outlet in China next year a 48,000-square foot store in Shenzhen costing HK$7O million (5514.7 million). The company claims the store, to be run and built with partners from
      South China Morning Post.  -  256 words
    • Article
      Lock icon Nintendo still a-buzz with Christmas spirit
      321 4 Reuter REDMOND. Washington Nintendo games have hopped, skipped and jumped to another impressive sales year, but the week after Christmas is still hell around the video game giant's North American headquarters. "We're swamped." said Tim D&le, a member of Team Nintendo, which is handling
      Reuter  -  321 words
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      8 3 RECRUIT QUALIFIED CANDIDATES TUDnnru lln' StntitsThnos THROUGH APPOINTMENTS
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      102 3 1 IN THE MARKET PAGES Tokyo year ends dismally 20 Arbitrage selling in Sydney 21 I Get your copy of I I The New Paper I I Fastads today I I more jobs are I I waiting for you I Jfl Omega Speed router Professional Qf Kl Bj B genu
      102 words
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      50 4 DVEJ 15va s CHINESE FURNITURE S ANTIQUE EXHIBITION Chi Old Nnbrite/jadite Carvings Scroll.raintings Calligraphy Porcelain Vases for Lunar New Year SINGAPORE CONFERENCE HALL, Shenton Way Opp. DBS Bldg j] 3lsl Dec to Stli Jan 12-Bpm ITEMS PRICED TO SELL! Q In The Chinese Heritage #02-55 Lucky Plaza p QhSl TErifl
      50 words
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      72 5 SUOIOW iHSionsiiM •punoJL' sipqieos lsojes ,n\\ in r>|qt?uo|ino:> ||V Au'i-m-jrujioui .Hji [Hie pimn oqi 'sp|>| ,vuqi pep uinyv ll n.x\r>s 4 |HP| sgfeffc' Hv* jfl Bgpp I® £i K -j°^^ I® k ,f i ?cffffit^^ "fit jjjß #K 4y w r'"' > s V4-C^sl fc >"" fe '%»> «&J. jfr
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Japanese banks give more low interest rate loans
        77 6 TOKYO Total outstanding lending by 151 Japanese hanks nationwide with interest rates of 3.25 per eent or lower exceeded 4.5 trillion yen (Sss9 hillion) in late September, a five-fold increase from the year before, the Aihon Kcizai newspaper said yesterday. The low-interest
        77 words
      • Article
        Westpac buys property assets
        89 6 SYDNEY Westpac Banking Corp has bought out most ol the Australian property assets of a major Japanese borrower, trading company Itochu Corp, marking the end ol Itochu's speculative property investment and development in Australia, the Australian Financial Review reported yesterday. In one transaction, a development site
        89 words
      • Article
        NAB tightens credit rules
        96 6 SYDNEY National Australia Bank is enforcing stricter credit control policies and procedures in its offshore operations, particularly in Britain, Ireland and the US, following a surge in bad debts in 1992 at its British banking subsidiary, Yorkshire Bank pic, the Australian Financial Review said yesterday. The
        96 words
      • Article
        Victoria to merge bond issuers
        48 6 SYDNEY The Australian state of Victoria yesterday said it will merge its state government bond issuers into a single unit, beginning today. The new centralised government bond issuer will be known as the Treasury Corp of Victoria, according to managing director Wayne Jarman.
        48 words
      • Article
        Colombia to get central bank
        81 6 BOGOTA Colombian President Cesar Gaviria has approved a congressional Bill to transform the country's main bank into a central one. Among the many functions it will perform. Banco de la Republica will act as the lender of last resort for public and private banks and
        81 words
      • Article
        Germans oppose EC currency
        95 6 WIESBADEN, Germany Most Germans do not want a European currency and believe the speed of European integration should be slowed, an opinion poll released yesterday showed. Germany's Chemical Employers' Association, which commissioned the study from the Emnid market research institute, said 66 per cent were against
        95 words
    • Article
      Lock icon M'sia likely to maintain tight monetary policy
      661 6 Any rate cuts not expected to be significant Reuter KUALA LUMPUR With inflation still a threat. Malaysia will continue to keep a tight leash on money supply in calendar 1993 and interest rates, though high, are unlikely to fall significantly, money dealers say.
      Reuter  -  661 words
    • Article
      Lock icon Taiwan rates expected to firm up
      442 6 Reuter TAIPEI Taiwanese interest rates are expected to come under moderate upward pressure next year as the central bank fights inflation and the economy picks up, bankers and analysts say. Rates will not rise sharply and short-term interbank rates should actually ease slightly from
      Reuter  -  442 words
    • Article
      Lock icon Aussie banks to get boost from cost, debt cuts
      313 6 Knight-Ridder SYDNEY Australian banks will grow stronger in 1993, bolstered by aggressive cost and debt reduction programmes, according to J B Were's December bank profit monitor, released yesterday. "We expect a substantial increase in profitability over the next two years, driven
      Knight-Ridder  -  313 words
    • Article
      Thai central bank wants finance firms to increase capital
      321 6 BANGKOK The Bank of Thailand will urge small finance companies to expand and become more active next year, the Bangkok Post reported. It will require them to increase their minimum paidup capital from 60 million baht (553.86 million) to 100 million
      321 words
    • Article
      Lock icon Nordic central banks expand currency support
      193 6 Reuter STOCKHOLM Nordic central banks have decided to revise and substantially enlarge their agreement on short-term currency support, the Swedish Central Bank said in a statement yesterday. Under the new terms, the Finnish, Norwegian. Danish and Swedish banks can obtain up to two billion
      Reuter  -  193 words
    • Article
      Lock icon US insurers expect better year after painful 1992
      451 6 Reuter NEW YORK Record underwriting losses this year forced property/casualty insurance companies in the US to liquidate large amounts of securities to raise cash to pay claims, insurance analysts said. However, portfolio activity was expected to return to more normal levels next
      Reuter  -  451 words
    • Article, Illustration
      Lock icon Argentina likely to sell dollars for pesos early next year
      294 6 Reuter BUENOS AIRES Argentina's central bank (BCRA) will probably have to sell US dollars for pesos in January and February because local markets will be awash with Argentine currency during those months, says Economy Minister Domingo Cavallo. "But that is
      Reuter  -  294 words
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      108 6 t I* ;a 4 r \> v.' *4i* Travel to *g"-': >• m L s% fflandJhe .1 major cities of the world f |hf J < s As one of the world's largest airlines, For more information, contact us or our travel agents Aeroflot is able to provide passengers with
      108 words
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  • THE REGION
    • Article
      Vietnam set to become big regional oil exporter
      410 7  -  From Brian Gomez in SYDNEY VIETNAM is poised to become a significant regional oil exporter following a deal with Australia's Broken Hill Proprietary Co Ltd (BHP) and Malaysia's Petronas for the development of its Dai Hung (Big Bear) offshore oilfield. The Melbourne-hcadquar-tered
      410 words
    • Article, Illustration
      Lock icon Philippines gears up for economic rebound in '93
      619 7 Reuter MANILA The Philippine economy, crippled by a severe electric power shortage for most of 1992, is gearing up for a rebound in the coming year on the back of higher government spending and increased foreign investments, officials and analysts said yesterday.
      Reuter  -  619 words
    • Article
      Lock icon Reforms in China drive more illegal migrants to Hongkong
      300 7 Reuter HONGKONG economic reform drive is paradoxically propelling a growing wave of Chinese illegal immigrants into Hongkong despite creating new jobs at home, the colony's security chief said yesterday. The explosion in arrivals from the mainland comes as Hongkong has all
      Reuter  -  300 words
    • Article
      Lock icon Logging ban will not stop haemorrhage of Cambodia's resources
      557 7 AFP PHNOM PENH A ban going into effect today on exports of Cambodian logs will not stop the haemorrhaging of the country's rich hardwoods as greed forces loggers to slide around the letter of the law, observers say. While politicians have
      AFP  -  557 words
    • Article
      Lock icon US sees business openings in M'sia
      209 7 AP KUALA LUMPUR The US sees "enormous opportunities" in Malaysia for American business interests, according to a US Embassy report released yesterday. The Malaysia Economic Report examined the performance of US businesses in Malaysia for this year and the potential for additional opportunities next
      AP  -  209 words
    • NOTE BOOK
      • Article
        Indon non-oil exports to rise
        63 7 JAKARTA Indonesia's non-oil exports are expected to grow by 20 per cent next year. The Jakarta Post daily yesterday quoted Trade Minister Arifin Siregar as saying the forecast was based on figures for the first nine months this year, when non-oil exports were up 23.4
        63 words
      • Article
        M'sian investments in China up
        52 7 KUALA LUMPUR Malaysia's investments in China have topped US$52O million (SsBs3 million) in 25 projects in the past three years, with more to come. Deputy International Trade and Industry Minister Chua Jui Meng said yesterday that most of the projects were joint ventures with Chinese
        52 words
      • Article
        Hanoi condemns killings
        67 7 PHNOM PENH Vietnam yesterday condemned the massacre of 13 ethnic Vietnamese by Khmer Rouge guerillas as an effort to provoke national hatred. It urged the Cambodian authorities and United Nations peacekeepers to bring the killers to justice. Khmer Rouge guerillas stormed a village in Kompong Chnang province
        67 words
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      1629 7 ©UCO BANK WHOLLY OWNED BY THE GOVERNMENT OF INDIA Head Office: 10 BIPLABI TRAILOKYA MAHARAJ SARANI, CALCUTTA *****1, INDIA AUDITED ACCOUNTS AS AT 31st MARCH 1992 CAPITAL A LIABILITIES (000 s omitted) INDIAN RUPEES Capital 500.00.00 Reserves Surplus 16.40.27 Deposits 9607,30.64 Borrowings 749,42,28 Other Liabilities Provisions 968,12.91 TOTAL *****.26.10 ASSETS
      1,629 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Taiwan's currency reserves falling rapidly
        100 8 TAIPEI Taiwan's foreign currency reserves, among the world's largest, have dropped rapidly in recent months and are expected to continue falling, a senior central bank official said yesterday. The reserves, which hit a record high of US$B9.5 billion (S$ 146.8 billion) in September, fell to
        100 words
      • Article
        Rabin sets terms for return
        103 8 JERUSALEM Israeli Prime Minister Yitzhak Rabin says expelled Palestinians stranded in south Lebanon have a chance of return to Israel if there is a complete end to violence during the Middle East peace talks. "Beyond what we decided, the right of every one of them
        103 words
      • Article, Illustration
        Testing, testing
        45 8 NEW YORK The president of the Times Square Business Improvement district president Gretchen Dykstra tossing confetti in a 'test drop' on Tuesday in a rehearsal for New Year s Eve celebrations. Some 250.000 people are expected to jam Times Square for the celebrations.
        45 words
      • Article
        Japanese against credit cards
        83 8 TOKYO More than 70 per cent of Japanese do not welcome a society in which people use credit cards instead of cash, according to a newspaper survey published yesterday. Yomiuri Shimbun said vhose who were wary of a cashless society increased nine percentage points from a
        83 words
      • Article
        US forces prepare for Bush visit
        107 8 MOGADISHU US forces are clamping down on gun rule in the Somali capital ahead of a visit by President George Bush today to a country steeped in anarchy. "1 don't think any American president has ever visited a nation in such a state of
        107 words
    • Article
      Lock icon US says sales of chips to Japan fall short of pledge
      364 8 NYT WASHINGTON Japan's promise last year to open its market in computer chips is not producing the level of American sales that both nations said they expected, says US Trade Representative Carla Hills. "This lack of improvement calls into
      NYT  -  364 words
    • Article
      Lock icon Rise in spending in US indicates economic upturn
      245 8 Reuter NEW YORK The increase in consumer confidence in December to its highest level in 20 months provides strong evidence that Americans are opening their wallets and giving the economy a boost, analysts said. The Conference Board's consumer confidence index jumped to
      Reuter  -  245 words
    • Article, Illustration
      Lock icon Collor found guilty of graft, barred from public office
      408 8 AFP. Reuter BRASILIA The Brazilian Senate early yesterday found former president Fernando Collor de Mello guilty of graft and barred him from holding public office for eight years. The 78-3 vote came less than 24 hours after Mr Collor, 43, resigned
      AFP.; Reuter  -  408 words
    • Article
      Lock icon South Korea facing threat of recession: analysts
      240 8 Reuter SEOUL South Korea's economy is in danger of sliding into recession, analysts said yesterday after the release of year-end economic indicators. Government figures show falling industrial production and a trade surplus fuelled by a clampdown on imported equipment, necessary for economic rejuvenation.
      Reuter  -  240 words
    • Article
      Lock icon Mexico to shear three zeros off currency, issue new peso
      331 8 Reuter MEXICO CITY Mexico will trim three zeros ofT its currency and begin issuing new pesos from Jan 1 in an effort to simplify mind-bog-gling financial transactions. Aside from some moments of consumer confusion and a handful of petty frauds,
      Reuter  -  331 words
    • Article, Illustration
      Lock icon Panic loses no-confidence vote
      275 8 FT BELGRADE The Yugoslav parliament on Tuesday passed a motion of no confidence in Milan Panic, the moderate federal prime minister. apparently ending the challenge of the SerbianAmerican millionaire to the country's most powerful political figure. Serbian President Slobodan Milosevic. Both houses of parliament voted overwhelmingly
      FT  -  275 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      137 8 ijjA any otter. Discover the season's most exotic festive fare at Spice Express. For a festive feast unlike any other, dine on buffet offerings which feature tandoori turkey and a wonderful array of authentic Asian specialties. Festive Countdown Buffet Lunch Tandoori turkey, prawn masala, cray fish in chilli sauce and
      137 words
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      Page 8 Advertisements Column 2
      74 8 A Leader in Glass Fiber Technology In addition to being a world leading supplier of top quality glass fiber products to construction and industrial markets, Owens-Coming is a recognized leader in development and supply of product and process technology to the glass fiber industry. For further information regarding purchase or
      74 words
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      Page 8 Advertisements Column 3
      95 8 Little faith in Franco, Pg 10 A New Era Begins Owens-Coming is dedicated to global growth as a leading world supplier of quality glass fiber products. Our steady commitment to the principles of customer satisfaction will lead us forward. Owens-Coming's construction products set global standards for quality and dependability. Residential/Commercial
      95 words
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  • SPORTS
    • Article, Illustration
      Lock icon Daly to seek help for alcohol problem
      577 9 AP PONTE VEDRA, Florida John Daly's career hit bottom on Tuesday, almost as quickly as it took otT. One of pro golfs most popular and controversial figures, the 26-year-old Daly has withdrawn from the PGA Tour while he seeks help for an alcohol-related
      AP  -  577 words
    • Article, Illustration
      Lock icon Indurain the great
      581 9 AFP PARIS With a second consecutive win on the Tour de France, victory in the Tour of Italy and top spot in the world rankings, Miguel Indurain proved in 1992 that he is a truly great cyclist. The unassuming 28-year-old from Spain starts 1993 with the world
      AFP  -  581 words
    • Article
      Lock icon Hail the new king of squash
      329 9 AFP LONDON A Khan is still the world's squash king but 1992 was the year during which JK Mark U (the younger) emerged from the giant shadow of his legendary namesake compatriot. Jahangir Khan's record of 10 successive British Open titles came to an
      AFP  -  329 words
    • Article, Illustration
      Lock icon Woodforde aiming to prove a point
      432 9 AP M. SYDNEY He's the topranked doubles player in the world and won more than US$7OO,OOO in prize money in 1992. No wonder Mark Woodforde is irked by his inability to gain a Davis Cup spot on the Australian team. The 27-year-old left-hand-er won
      AP  -  432 words
    • SIDE LINES
      • Article
        Christie to quit after Commonwealth Games
        88 9 SYDNEY Olympic 100-metres gold medallist Linford Christie said yesterday that he would retire from running after the 1994 Commonwealth Games. The 32-year-old Ja-maican-born British sprinter became the oldest man ever to win a 100-metre Olympic gold in Barcelona earlier this year. "I've given myself
        88 words
      • Article
        After the thrill is gone
        116 9 SALZBURG, Austria Petra Kronberger. the best Austrian skier since Anne-Marie Moser-Proll. sees no point in continuing to risk her neck after winning almost everything the sport has to offer. The double Olympic champion said she had initially decided to compete until the end of the
        116 words
      • Article
        A galloping evil
        125 9 HONGKONG Chinese horse racing, recently revived after over 40 years of communist disapproval, has abruptly halted as Beijing shows its free-market reforms do not stretch to at least one capitalist evil gambling. Just eight months after horses took to a new course in the southern city of
        125 words
      • Article
        NZ beats Pakistan
        103 9 AUCKLAND New Zealand beat world champions Pakistan by six wickets in a one-day cricket international yesterday and won the three-match series 2-1. The win in the sunshine at Eden Park was sweet revenge for New Zealand, which was beaten by Pakistan in the World Cup semi-final on
        103 words
      • Article
        Priestley strikes again
        113 9 LONDON World number one Dennis Priestley won his 11th title of the year when he beat Dave Askew of Redhill in two straight sets in the final of the British Open Darts championship on Tuesday. Priestley collected £3,000 for the day's work and now sets his sights
        113 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      698 9 BUSINESS T_L_M_E__S_ Toll free Tel No 737 0043 Fax No: 734 3698 ftrACIFIC INNO-PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of InnoPacific Holdings Ltd ("the Company") will be held at 141 Market Street, 4th
      698 words
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  • Article
    The SES rules OK
    498 10 EDITORIAL THE STOCK Exchange of Singapore has an unenviable task. It has to tread that elusive golden mean between keeping up a steady flow of new listings and ensuring that aggressive directors do not trample on shareholders in overzealous pursuit of profit. Over the years, the
    498 words
  • WHAT THE OTHERS SAY
    • Article
      What next in Russia?
      254 10 IN HIS recently-announced Cabinet, the new Russian Prime Minister Viktor Chernomyrdin has retained almost all members of former acting Prime Minister Yegor Gaidar's core group of radical reformists. Mr Boris Fyodorov's appointment as Deputy Prime Minister in charge of economic reform has reinforced the govefnment's reformist
      254 words
    • Article
      The Khmer Rouge threat
      111 10 IT SEEMS that the Khmer Rouge is retaining its infamous image. The Cambodian peace process is being challenged if the Khmer Rouge continues to harass peacekeepers. The Khmer Rouge has made its hatred of the Vietnamese a main point of its political propaganda and cite the
      111 words
    • Article
      Miyazawa's Asian visit
      114 10 JAPANESE Prime Minister Kiichi Miyazawa, in preparing for his coming visit to Indonesia, Malaysia, Thailand and Brunei, has mobilised officials and think-tanks to draft a proposal on creating a framework for political dialogue to discuss security issues in the Asian region. He has said he will unveil
      114 words
  • REGIONAL VIEWPOINTS
    • Article
      Seasonal goodwill needed
      201 10 THE festivities surrounding the Christmas and New Year season have become a special time of year in places far beyond Christmas countries. Although followers of that religion celebrate Christmas Day itself as the symbolic birthday of Jesus Christ, both the celebration and the ideal of Christmas have
      201 words
    • Article
      Towards sane democracy
      170 10 IT IS, of course, merely coincidental that the international conference on Indonesian democracy, hosted a week ago by Melbourne's Monash University's Centre of South-east Asian Studies, occurred as the year was coming to a close. Nevertheless, that very fact should be useful to remind us that the
      170 words
    • Article
      HK's clean-up problems
      122 10 A LOW-KEY announcement yesterday that the government is planning to experiment with environmental audits in two as yet unnamed departments is a half-hearted response to a need that should have been recognised long ago. Often, the identification of wasteful practices and an environmentally aware approach to the
      122 words
  • Article, Illustration
    Lock icon Little faith in Franco
    937 10  -  Fernando Collor de Mello's successor to the Brazilian presidency, Itamar Franco, has caused a few to express concern about his qualifications for the post. Nathaniel C Nash reports Nathaniel C Nash NYT Moments before Itamar Franco took the oath of office on Tuesday to become the
    NYT  -  937 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      159 10 i <«! ts>i Vj th < iOv INTRODUCING pwrwuTio Fwte wttm tvw «Tmrr» rag» THUIIIDtT, J»U*HT 7, IW3 VOL.*. WO. 1 J 1 It's handy! Its information- We welcome all establishments I packed! Its CITY WEEKLY, to advertise in our bright and \jj distributed with The Straits exciting CITY WEEKLY.
      159 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      55 10 DOONESBURY GARRY TRUDEAU ANOTHER ONE ALONG WE SAVE ITS NOT THE UNES, MIKE' CfiCF NEW HAVEN FROM MM. OFM/CKM, "PEAR. I S/GH THINK PRAMN6,FO*S WRTTES -'I HEARPA RUMOR YCU 54R' UJHOPRAUJS THOS6 UGLY I WESHOUU? HIE REALLY GST ANY USB A GHOST ARTIST. MYAWIC£: W CHARACTER* MM/S&fCM/l 'FE99 UP* I
      55 words
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  • ANALYSIS
    • Article
      Lock icon When weapons of destruction are destroyed
      699 11  -  Some of the world's most powerful nuclear weapons will soon be removed under the Start Two treaty. Daniel Green reports Daniel Green FT THE Start Two treaty is the latest and largest step in almost 30 years of arms talks between Washington and Moscow.
      FT  -  699 words
    • Article, Illustration
      The fallout that never was
      1197 11  -  The PC industry witnessed varying fortunes this year. Claire Leow looks at how 1992 turned out for components suppliers and makers of personal computers Claire Leow Among suppliers who sell components to makers of personal computers (PCs), it was known as the fallout that never
      1,197 words
    • Article, Illustration
      PC firms ride the storm
      787 11 JUST how did the bigger South-east Asian manufacturers of personal computers fare after a year of blood, sweat, and much tears? The consensus in the industry is that notebook manufacturers are having a field day, but the same can't be said of desktop producers. Daniel
      787 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      138 11 UP. LIVING IT *3 EACH WEEKEND, put up your cxccutivc feet, and let us shuttle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in tlie high-llying towel, or take
      138 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1005 12 Nothing Beats A where to wine, dine Of I g^—^ i_j«f^__ e> 'a T* V-^jrl^ W; a —■>, '^fc V "> < £C*'* GOLDEN New Year's Eve New Year's Day Drink to the festivities Mull If s music and drinks with other revellers and with a free spread enjoy free
      1,005 words
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      Page 12 Advertisements Column 2
      333 12 •^■wgs^gl^b 1 Guessvho's rkingterJer ftan Santa this Chrislmas? We serve the world to you at Top of the M Ql) ftrvmp(-r< bUMinta^Mpmrv 111 Qrchul ttoad So|ioty»o»H TH ***** M Excelsior's Festive Treats CAFE EXCELSIOR CAFE EXCELSIOR Set Dinner Dance YV/*OO Christmas Day/ $38.00-• per person sju New Year's Day Brunch
      333 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      604 12 TELEVISION AND RADIO TV»£k rnol fVlinrr ***** P,o- BUSINESS ON RAD.Q— me redi iiiing Mtcrarsvl ■J rt'T ';v 8 00 ndes —JV If r°h 600 PM °P t followed by lit- Dataran MefiWu World Business Report Weddings (See Our Choicc). tie Prince Cedric (Cartoon) 11.00 Live worn MWH Meroefca. MHIiF
      604 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Key player in the Royal separation
      1127 13  -  Andrew Morton, whose book has contributed to the British monarchy's biggest upset since Edward VIII took up with Wallis Simpson, talks to Alex Witchel about his newfound notoriety Alex Witchel NYT ANDREW Morton, author of the bestseller Diana: Her Trite Story, is eager to
      NYT  -  1,127 words
    • Article
      Lock icon Invasion of the creepy-crawlies
      711 13  -  Frank J Prial looks back at the major issues that affected the wine industry in 1992 Frank J Prial NYT Although there is no real off-season in wine country, things do slow down a bit around now. which makes it the right time to look back
      NYT  -  711 words
    • Article, Illustration
      Diana off to Caribbean with kids
      497 13 CHATTERBOX PRINCESS DIANA flew to the Caribbean with her two sons on Wednesday for a sunshine holiday break from the trauma of her failed marriage. a British tabloid newspaper said. The Daily Mail said the newly-estranged wife of the heir to the throne. Prince
      497 words
    • Article, Illustration
      And the nominations for Golden Globe awards are...
      283 13 LOS ANGELES Nominations in the film category for the 50th Golden Globe Awards, to be presented on Jan 23: Drama: The Crying Game. A Few Good Men. Howards End. Scent Of A Woman, inforgiven. Musical comedy: Aladdin. Enchanted April. Honey moon In
      283 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      247 13 AND ENTERTAIN mi flew fleams- Cve- Class-lcs Welcome the New Year at the Ilubertus Grill J and enjoy our reputation for providing the traditional classics. i 4 Gala Dinner Dance J $165 per person 8 pm to 1 am ANA HOTEL For reservations, please call SINGAPORE J 732-1222 extension 1700
      247 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Muted response to better than expected trade data
      3954 14  -  By Paul Leo WITH better-than-cxpected November trade statistics bolstering market sentiment, the benchmark Straits Times Industrials Index rose 6.46 points to close at 1,512.46 yesterday. Singapore's Trade Development Board yesterday announced that non-oil domestic exports jumped 29 per cent in November to
      3,954 words
    • Article, Illustration
      Lock icon HOTSTOCK
      78 14  -  Paul Leo STRAITS Steamship Ltd Warrant 1994 closed at the resistance of 38.5 cents yesterday. The fiveweek moving average line has cut the 15-week moving average line from below, which indicates that the medium term is bullish. However, the weekly RSI is above 75, which indicates an overbought situation
      SOURCE: BRIDGE INFO  -  78 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      54 14 CALL MII.ANO'S HOT DELIVERY HOTLINE NOW! j 468-2222 i I for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for a minimum order of 10.00 53.00 surcharge for delivery after 11.00 pm. s Miiano kmmmmmmmmmmmmm
      54 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3247 16 Gentings 50c 895 +15 +1.7% Magnum Corp 50c 570 +10 +1.8% Malayawata 213 +10 +4.9% MAS 332 4 +1.2% Shell 418 +4 10% Guinness 50c 271 +3 +1.1% MTC 78c 217 +3 +14% NBT 81 +2 +2.5% Tongkah Hldgs 113 +2 +1.8% GIL US$0 10
    3,247 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1271 16 BUSINESS T I_^M_E_S_ Toll free Tel No: 737 0043 Fax No: 734 3698 IN THE MATTER OP THE COMPANIES ACT, CAP JO AND IN THE MATTER OP TAI LEE HONO HOLDINGS PTE LTD (la Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Eatraordiaary General Me*tint of the members of TAI
      1,271 words
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      Page 16 Advertisements Column 2
      255 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CHIEN-LUNG PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed company held at its Registered Office, 24 Raffles Place #26-05 Clifford Centre Singapore 0104 on 23 December 1992 the following Resolutions
      255 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market stays quiet as investors trade selectively
      5529 17 Bernama SHARE prices here closed easier yesterday in quiet trading as traders awaited the return of institutional investors from their year-end holiday. The K.LSE Composite Index at the close eased 0.29 of a point to 642.66 and the all-share Emas Index dropped 0.16
      Bernama  -  5,529 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      289 18 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) ;«LHepong Oec 29 Sep 92 MJ87.939lMJ64.886) 204(153) 15(15) SI* Dec 21 Aug 92 J186.682(J153.802) 76(62 6) 27(25) Asm Pacific Oec 18 Sep 92 J64.193(J65.969) 50 7(52 1) 429(406) Centrepoint Dec 18 Sep
      289 words
    • Article
      PRELIMINARY RESULTS
      62 18 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) Pacific Can Dec 22 Sep 92 J2.408L(5323) -(0.5) Van Der Horst Dec 21 Sep 92 J4,484l(J2,739) -(47) -(1) C4C Dec 1 Sep 92 $65,010($71,942) 8 7(14.8) 17(17) Times Pub Nov 20 Aug
      62 words
    • Article
      INTERIM RESULTS
      357 18 Company Date Half-year Group Net Interim ann to profit/loss dividend (000) Kamunt.ng Dec 23 Sep 92 M$9,340(M$10,532) M Plantations Dec 23 Sep 92 M$6.783l(M$4,234L) "Metatock Dec 23 Sep 92 $1,697(12.291) Alexandra Dec 22 Sep 92 $844($584) Hitachi Zosen Dec 22 Sep 92 $23,699($22.683) 15(20) Isetan Dec 22 Sep
      357 words
    • Article
      RESULTS FORECAST
      115 18 Mm Bori Last Fti Year Forecast Bat* Net Net Profit EPS ancd Tear EPS Gross profit Raage emm p>w tat* «*c (cts) (vwo) ■ma Poto F Nov 18 Dec 92 1.8 1.5 4,925 4 5—75 1.2—2.0 CM last Fu# Year Forecast Date Net Net Profit EPS mtet Ye*
      115 words
    • Article
      OTHER RESULTS DUE
      201 18 Main Board Last Fii Year Conpait) Penod Date Tear EPS Cress Net announced endng (cts) dn profit last rear (SVOOO) Kings Interim Sep 10 Dec 9? 53 50 4.436 Ck>t last Ful Year Coofiam Period Date Year EPS Cross Net announced ending (sea) dri profit last (NS'NO)
      201 words
    • Article
      CORPORATE DEVELOPMENTS
      1025 18 Dec 18 The shareholders of Sunshine Aied Investments have passed a resolution to buy over the entire stake of GCIC Singapore for $17.4 million. Benta Plantations Bhd plans to diversify into housing development in Penang, the company's first move into property development from its plantation activities. Dec 17
      1,025 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      834 18 Trans Registered Substantial Buy/ Mo. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before k After DBS Foreign 24/12/92 Street Names Temasek Holdings S 10,000 139.378 109.042,889 2089 109 SPH 23/12/92 United Overseas Insurance S 25,000 226,250 525.000 0 00 500.000 0 00 DBS Land 23/12/92
      834 words
    • Article
      DIVIDENDS ANNOUNCED
      641 18 Current Ex Books Date Total tor Total tor payment data dose payable the year last year USB 5%(b) Jan 8 Jan 22 Jan 29 5% 12% And Steel 50c 12%<b) Nov 19 Ok 3 Jan 2 12% 12% Asa Pacific 16% Feb 4 Feb 16 Feb 24 36%
      641 words
    • Article
      APPROVED ISSUES
      367 18 Company Rights Issue Afance Ted) Three-tor five fe SI 00 per share Ex-date Dec 10 Bks Close Dec 22 Acceptance and Payment Feb 2 Guttne GTS One tor-one (a SO 23 per share Ei<tate Nov 26 Books Close Dec 8 Acceptance Payment ian 18 kran( Ent One-toe hve
      367 words
    • Article
      PROPOSED ISSUES
      393 18 Company Rights Issue Am* Sled Onttw two fe M$2 20 per share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscnption fbghts (TSR) for an aggregate price of MSI pet CRPS with one TSR. on the basis
      393 words
    • Article
      COMPANY MEETINGS
      220 18 L M Group Investments Ltd: 10th AGM at 13 Third Chin Bee Road, Singapore 2261 on Thursday, December 31, at 10.00 am frand United HoHngs Bhd: 29th AGM at the Melati Room, 15th Floor, Puduraya Hotel, Puduraya Station. Jalan Pudu, ***** Kuala Lumpur, on Thursday, December 31, at
      220 words
    • Article
      SCRIPLESS CONVERSION
      51 18 Conversion Special Trdg Scriptess Conversion deadline Period Trading Companv starts (I DP) (ST) starts Alliance Tech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Guthrie GTS Jan S Jan 26 Jan 13 Jan 26 Jan 27 S1A Dec 4 Dec 31 Dec 18 Dec 31 Jan
      51 words
    • Article
      RECORD HIGHS & LOWS
      148 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 htfi: 1318.85 (21/12/92) 1992 J** 592 (27/1/92) 1992 bur. 1122.50 (18/8/92) 1552 1310.95 (18/8/92) 1991 N«h: 1333 08 (3/6/91) 1»1 *****8 (3/6/91) 1991 low: 1022.52 (16/1/91) 1991 11* 9 (16/1/91) 1990 hfh *****3 (16/7/90) 1990 hifh: 1607.12 (27/3/90) 981.07 (W/li/3)
      148 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      370 18 In local curr In S$ In US$ dy >T dy S >t S dy yr Pec 29 Index chge chge chge chge chge chge World 398.4 0.4 -2.4 0.3 -5.2 0.0 -6.4 $EAFE 464.5 0.2 -7.5 0.0 -12.4 -0.4 -13.6 Europe 437.0 0.1 6.3 -0.6
      370 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shanghai A shares fall, other markets end firmer
      402 19 CLSA PROFIT-TAKING by punters yesterday eroded part of the Shanghai A share market's 1.6 per cent gain on Monday. The CLSA Shanghai A Index was down 0.6 per cent to 5097.88, with a turnover of 18.1 million shares. The Shanghai B share
      CLSA  -  402 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Selling pressure sends prices sliding
      1131 19 Reuter SELLING pressure pushed prices down at the close yesterday in light trading, brokers said. The market will be closed today and tomorrow and will reopen on Monday. Tyre-maker Gajah Tunggal was active with 210,000 shares traded. It closed 50 rupiah lower at 1,700. Jaffa
      Reuter  -  1,131 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks lose early gains on late profit-taking
      2089 19 Reuter STOCKS lost early gains but still traded higher than their previous finish at the market close yesterday, brokers said. The SET Index ended 5.22 points, or 0.59 per cent, higher at 893.42 on turnover of 7.46 billion baht. "Investors saw the index
      Reuter; Source: Bridge Info  -  2,089 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      53 19 WmTT' 1 111 |HL HI 1 111! ■I| I I I 111 |I I I Find out in I l.l 1 I I II f I Ia I I vI I I Personal Investment and Finance. II I I I H I H 111 II I I I 1 I
      53 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index-linked selling sends Nikkei tumbling
      2561 20 Reuter TOKYO'S 225-share Nikkei Average closed yesterday down 360.69 points or 2.09 per cent at 16,924.95 in a dismal final trading session of 1992. Index-linked selling battered prices as investors retreated to the sidelines, brokers said. Yesterday was a half-day and the market is closed
      Reuter  -  2,561 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices firm in slow and featureless trade
      2393 20 Reuter STOCKS closed firmer yesterday in slow and featureless trade, brokers said. "Trading was slow due to the upcoming new year holiday and the long weekend. There was some index-relat-ed buying because yesterday was the clearing day for (December) index futures," said Patrick
      Reuter  -  2,393 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Arbitrage selling weighs down lethargic market
      1970 21 Reuter A LETHARGIC day's trading yesterday ended with prices closing slightly lower. Brokers said arbitrage selling weighed down the market, which dipped lower towards the close after remaining in positive territory for much of the day. Volume was low. "It was a very featureless
      Reuter; Source: Bridge Info  -  1,970 words
  • REGIONAL STOCK MARKETS
    • Article
      Lock icon NZ shares end slightly higher
      389 21 Reuter THE NEW Zealand share market ended its second last trading day for the year yesterday slightly ahead but brokers said the market was mixed and thin. The NZSE-40 Capital Index closed up 6.53 points at 1,564.04, off the high of 1,570.38. "The market is
      Reuter  -  389 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      86 21 SURE WHERE m PUT Y#UR M#NEY? Get the answer in Personal Investment Finance. Every Saturday in Business Times. Business Times FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small
      86 words
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      Page 21 Advertisements Column 2
      59 21 J* '4 n I The Executive Housekeeper -this hotel 1 I o I I wants is me. Bob I'll never neglect I jj 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 M.N
      59 words
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  • WORLD STOCK MARKETS
    • Sell programs wipe out Dow's early gains
      • Article, Illustration
        NEW YORK
        1326 22 STOCKS closed mixed in heavy but choppy trading on Tuesday after a late wave of computer-guided sell programs wiped out the Dow's early gains, thwarting the market's bid to resume its stalled year-end rally. But the over-the-counter market survived the late sell-otT which came despite further signs of
        1,326 words
      • Article, Illustration
        LONDON
        713 22 THE London Stock Exchange set a closing record on Tuesday after a fourday Christmas weekend, flying high as consumers rushed post-Christmas sales and Wall Street reacted to a 13-point jump in the US Consumer Confidence Index for December. After an uncertain opening, the Footsie 100-share Index climbed during the
        713 words
      • Article
        FRANKFURT
        343 22 SHARES were mostly lower after a thin session on Tuesday, dashing traders' hopes that the 30-share DAX could end 1992 unchanged from 1991's finish. The index closed 2.38 points down at 1,542.23, well clear of an intra-day low of 1,535.94. A 1.2 per cent rise in the index on
        343 words
      • Article
        INDICES & TURNOVER
        80 22 INDICES TURNOVER NEW YORK Dow Jones S&l' 500 Turnover (million) (lose 3.310.84 437.98 227.59 Pre»ious 3.333.26 439.15 143 97 Doc 29 -22 42 -l!l 7 f 83.62 LONDON KTSE 100 FT 30 Turnover (million) 2.847.8 2.178 8 285 2.827.5 +20.3 2.165.6 +13.2 173.5 +111.5 FRANKFURT DAX Index 1.542.23 1.544 61
        80 words
      • Article
        AMSTERDAM
        304 22 SHARES closed lower on Tuesday as a tentative year-end rally which had pushed the EOE Index up 10 points in as many days faltered then fell. Light profit-taking was enough to erode recent gains built on a mere trickle of demand into an empty market. The 25-share EOE Index
        304 words
      • Article
        PARIS
        193 22 THE bourse rose for the seventh session on Tuesday running in a widely predicted year-end rally, helped by win-dow-dressing of portfolios and arbitrage with index futures, dealers said. But volume remained unexciting, with many London and Paris dealers taking holiday. Underlying the market is a strain of positive sentiment
        193 words
      • Article
        MILAN
        199 22 SHARES closed on Tuesday posting gains of over 2 per cent, boosted by hopes the government may be poised to announce a series of measures to boost the market, which will play a vital role in its forthcoming privatisation programme. Treasury sources said late Monday that Rome was considering
        199 words
      • Article
        ZURICH
        253 22 SHARES closed a quiet session on Tuesday mixed, with a lower bias. Dealers said the market recovered in the afternoon after investors had taken profits in the morning. On Monday the bourse finished at an all-time high. The firmer US dollar and growing optimism over higher share prices next
        253 words
      • Article
        BRUSSELS
        265 22 SHARES, depressed by heavy selling in retailer Delhaize and neglecting the well-performing bond market and a strong US dollar, closed lower on Tuesday in heavy trading. The Bel-20 Index closed 4.81 points, or 0.42 per cent, lower down at 1,128.18 well above its day-low of 1,125.59. A high 960
        265 words
      • Article
        Untitled
        82 22 Stockholm Dec 29 Skr Asca 379.00 -3.00 Astra 730.00 -7.00 Atlas C'opco 329.00 -1.00 Ericsson 188.00 -2.00 Esab 180.00 unch S-E-Bankcn 11.00 unch SKF 72.00 4- 1.00 Sandvik 414.00 3.00 Skandia 86.50 1.50 Volvo 348.00 -3.00 Source: S-E-Banken Vienna Dec 29 Asch Akg Holding 1000 10 Hank Austria (I') .473
        82 words
      • Article
        JOHANNESBURG
        353 22 INDUSTRIAL shares notched up more gains in afternoon trade on Tuesday to lift the Industrial Index by 18 points to 4,374. Dealers said the gains were due to institutions pushing up prices ahead of the year end, which is also the end of the unit trust's December quarter. Trade
        353 words
      • Article
        TORONTO
        307 22 STOCKS ended weaker on Tuesday, depressed by steep losses on Wall Street, but gains in several heavily weighted sectors, including metals and transport, stemmed losses, dealers said. "We were basically following New York," said Ira Katzin. analyst at Richardson Greenshields. The TSE-300 Index ended down 5.01 points or 0.15
        307 words
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  • CURRENCY, MONEY & FUTURES MARKET
    • Article
      Dollar suffers correction but offsets earlier losses in Tokyo
      1152 23 REPORTS ASIA Tokyo: The US dollar remained slightly lower against the mark and the yen at a thin close yesterday, after offsetting some earlier losses. The US currency headed downwards on technical correction in thin early trade, triggering stop-loss sales and
      1,152 words
    • Article
      INTERBANK FOREX RATES
      400 23 Cross rates Dec 30 USS SS MS Dm Yen SFr AS NZS USS ***** 2.6120 1.6120 124.40 0.6636 1.4620 1.4514 1.9455 S$ 0.6094 1.5917 0.9823 75.8074 0.4044 0.8909 0.8844 1.1856 MS 0.3828 0.63 0.6172 47.6263 0.2540 0.5597 0.5557 0.7448 Dm 0.6203 1.0180 1.6203 77.17 0.4116 0.9069 0.9004
      400 words
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      MONEY MARKET
      603 23 Interbank rates SS Bid Offer Overnight I 3/4 2 1-month 2 1/16 2 3/16 2-month 2 1/8 2 1/4 3-month 2 3/16 2 5/16 Overnight mode: 1-3/8 ISS Bid Offer 7 days 3 3/8 3 1/2 1 month 3 5/16 3 7/16 2 months 3 5/16 3 7/16
      603 words
    • Article
      Lock icon US futures exchanges oppose exemptions for swaps, hybrids
      384 23 Bloomberg NEW YORK Three big futures exchanges have condemned the Commodity Futures Trading Commission's (CFTC) plans to exempt swaps and hybrid securities from regulation. The Chicago Board of Trade, the Chicago Mercantile Exchange and New York's Commodity Exchange said the CFTC was
      Bloomberg  -  384 words
    • Article
      FINANCIAL FUTURES
      1458 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Mar 93 93.62 96.35 96.32 96.34 4600 4766 ***** Jun 93 95.90 95.91 95.90 95.91 2300 1925 ***** Sep 93 95.49 95.50 95.49 95.50 1100 1445 5471 Dec 93 94.90 94.91 94.88 94.91 MO 346 2331 Mar 94
      1,458 words
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  • COMMODITIES
    • Article
      Lock icon Gold prices to rise next year: report
      355 24 Reuter LONDON Gold prices are expected to increase slightly in 1993 and rise to an average US$4OO (*****) an ounce in 1994 on the back of a sharp improvement in the market's fundamentals, brokers Ord Minnett said in a recent report. Even if
      Reuter  -  355 words
    • Article
      Lock icon Sugar likely to be under pressure
      143 24 Reuter LONDON Sugar prices are likely to remain on the defensive in 1993, depressed by an expected surplus of about two million to three million tonnes and bearish technical factors, brokers Refco London said in a market outlook report. "Not only does the physi-
      Reuter  -  143 words
    • Article
      Lock icon US lumber prices expected to soar
      212 24 Reuter WASHINGTON US lumber prices in 1993 are expected to rise on tight timber supplies, but the uncertainty of supplies may cramp forest industry performance, the National Forest Products Association (NFPA) said on Tuesday. "With no relief in timber supplies, lumber and panel prices,
      Reuter  -  212 words
    • Article
      Buying support boosts KL tin price
      763 24 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market extended its upward trend to close three sen steadier at M$ 14.63 per kg yesterday on continued buying support. The trend was not in line with the London Metal Exchange. which closed US$lO
      763 words
    • Article
      PRICES
      1586 24 Rubber RAS Commw tty Excha* (tut* res ctak if as at 1pm) RAS (physical prices) RSS 1 Contract Month High Jan 93 0.00 Feb 148.50 Mar 149.50 Apr/Jun 150.25 Jul/Sep 151.00 Oct/Dec 152.25 RSS 3 Contract Month High Jan 93 0.00 Feb 0.00 Mar 8500 Low 0.00 148.25 148.75
      1,586 words
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      1277 24 BUSINESS TIMES Toll free Tel No 737 0Q43 -Fax No: 734 3698 FORM 69(3) NOTICE OF INTENDED DIVIDEND Name of Company G-Star Re Ltd (In Creditors' Voluntary Liquidation) Address of 9 Penang Road #12-00 Registered Office Park Mall Singapore 0923 Court No. of Matter Last Day For 15 January 1993
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1204 25 City Flight ETA Flight ETD City Flight ETA Flight ETD Adelaide QF81 1935 QF82 2050 MH630 0855 SQ102 0730 SQ228 2040 SQ103 0950 MH606 0745 MH605 1025 SQ104 0830 RJ183 9® 05 SQIO5 1215 MH670 0930 Amsterdam SQ319 0C10 KL838 0040 MH642 1255 SO 106 1045
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  • THE TRAVEL PAGE
    • Article, Illustration
      New Year's blast with Mummers
      705 25  -  LETTER FROM PHILADELPHIA By Randall Mikkelsen IT's a raucous wake-up blast for New Year's Day. While many Americans are recovering from the night before, about 22.000 Philadclphians many a bit woozy themselves will march in the annual New Year's Mummers Parade, a spectacle of outlandish
      705 words
  • Article
    FOREIGN CURRENCY NOTE RATES
    151 25 As at 10am yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1243 1.1401 Canadian dollar 1.2812 1.3072 NZ dollar 0.8340 0.8600 Sterling pound 2.4623 2.4970 US dollar 1.6370 1.6450 Local dollars to 100 units of foreign currency Austrian schilling 14.22
    151 words
  • Article
    WORLD TRADE EXHIBITIONS
    77 25 Duration Title Venue Organiser Tel Feb 14-16 London Menswear tarls Court, Philbeach Events 071-*****17 London Feb 16-18 London Show Olympia. Blenheim Premier 071-*****22 London Feb 16-17 The 1993 Kan Lisbon. Tama Starley. 071-*****14 European Digital Portugal IBC Technical Cellular Radio Services C onference Duration Title Venue Organiser
    77 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      44 25 Finnair Business Class Speed, Comfort and Space 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.
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      Page 25 Advertisements Column 2
      7 25 Advertising Marketing in Business Times every Thursday
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      Page 25 Advertisements Column 3
      66 25 LETS ROCK. '.%#nS§r>>Unlike the traditional Mat Rockers who sing mainly in Malay, a growing number of Malay bands are now rocking in English. And penning their own English songs as well. 'JLeading the pack is the four-man Singapore band, Anesthesia. We want to be universal. If we sing only in
      66 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      301 25 1 A Latin ladies' man found everywhere 5 Rose has to clip the edges 9 Perfect peace after the puz- ~V HI zle has been dropped jBL_^ 10 Keen to see commercial about the Virgin Islands (4) 11 Can get by without misfor12 Propensity to be dishonest 15 A small
      301 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      164 25 tVfKrYTTTT^BHBHH Wii ***** M Singapore Outlook: Showers over several areas in the late morning and afternoon. Report: Maximum temperature 29.5 Assoc humidity 73% Minimum temperature 24.0 Assoc humidity 97% Hours of sunshine 0.85 Rainfall in mm 0.2 Rainfall this month 485.7 Rainy days this month 22 World report Asia-Pacific Hi/Lo*
      164 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      27 25 ~mmd PRPiy Teu. f*ie, £Pv=>y... I'll HPive. ft uott 30, NO) UPMT p>ftxnpfeue. rjss?g t sss's^r' e J tesarearv SB4O T t ASSOCIATED NEWSPAPERS LTD, ItM-ltK VdLw
      27 words
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  • ISEAS Trends
    • Article, Illustration
      Reflections on Asean
      1784 27 Editor's note: This article is extracted from the preface to the book, The Asean Reader, published earlier this month by ISEAS. The article represents the last piece of scholarly writing by K SProfessor Sandhu, before his death on December 2. ASEAN celebrated its 25th anniversary in 1992.
      1,784 words
    • Article
      Professor Kernial Singh Sandhu 1929 — 1992
      469 27 Professor Kernial Singh Sandhu 1929 1992 PROFESSOR KS Sandhu. one of the editors-in-chief of this publication, and director of ISEAS since 1972. passed away suddenly on December 2. 1992. He was 63. To many, he will long be remembered as the founder of Southeast Asian Studies for South-east Asians. Professor
      469 words
    • Article, Illustration
      Singapore's cultural task
      1718 28  -  Ling Mei Lim explores the Republic's options Ling Mei Lim Ling Mei Lim is a free-lance writer concerned with cultural and educational issues. SINGAPORE is coming into its own. But in its 27th year, the quest to affirm what it means to be Singaporean still remains an
      1,718 words
    • Article, Illustration
      Images of Singapore reflected in local fiction writing
      1626 28  -  P C Wicks examines cultural identity as expressed in the works of Singapore's authors P C Wicks The writer is Associate Professor and Head of the Asian Studies Programme at the University of Southern Queensland. Toowoomba. Queensland. Australia. SINGAPORE fiction writing in
      1,626 words
    • Article, Illustration
      Vietnam-China ties: a new but not easy era
      1238 29  -  Nguyen Hong Thach focuses on the road to normalisation for the two countries Nguyen Hong Thach Nguyen Hong Thach is editor of World Affairs, a magazine published by Vietnam's Ministry of Foreign Affairs. He is currently a Visiting Fellow at ISEAS. The
      1,238 words
    • Article, Illustration
      1992 A year of mixed signals from China
      394 29 In February, China's Foreign Minister Qian Qichen visited Vietnam. This resulted in an accord on bilateral economic co-operation and another agreement lifting visa requirements for visiting diplomats and officials of both countries. •In March. China and Vietnam signed four agreements paving the
      394 words
    • Article, Illustration
      Gulf of Tonkin: calming troubled waters
      1409 29  -  Mark J Valencia examines the validity of two possible approaches Mark J Valencia Mark J I alencia is a Research Associate at the East• H est Centre, Honolulu, Hawaii. L'SA. MARITIME jurisdictional disputes, including that between Vietnam and China in the Gulf of Tonkin,
      1,409 words
    • Article, Illustration
      The new age of regionalism
      2146 30  -  S Rajaratnam looks at the emerging trends S Rajaratnam IF the last decade of the 20th century, to whose final death throes we are now witness, ean be termed the Age ot Nationalism, then the 21st century, whose pale dawn is visible over the horizon,
      2,146 words
    • Article
      Understanding motivations for migration
      182 30 DURING the 1980s, major debates and controversies erupted over the migration of well-quali-fied people from Asian countries to places such as Australia and Canada. From the Australian perspective, for example, this controversy over "Asian migration" seemed very much reminiscent of that which occurred almost a century
      182 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      212 28 Trends A monthly publication of (he Institute of Southeast Asian Studies '|'f The Publication Editors-in-chief S. Rajaratnam Sharon Siddiquc Editor Derek da Cunha Assistant Editor Goh Sui Noi International Advisory Committee Jose V. Abueva (Philippines) Stephen FitzGerald (Australia) Han Sung-Joo (Korea) Tommy T. B. Koh (Singapore) Mochtar Kusuma-Atmadja (Indonesia) Seiji
      212 words
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  • Shipping Times
    • Article, Illustration
      Adelaide justifies choice of Sea-Land as operator
      425 31  -  Lines voice fear that the US line may pose a threat within the port b» Juliette Walker SINGAPORE The South Australian government has had to defend its choice of US-based Sea-Land Service as operator of the Port of Adelaide's container terminal. The state's
      425 words
    • Article
      Lock icon Italian police detains Estonian ship suspected of carrying Scud parts
      178 31 AFP ROME An Estonian freighter suspected of carrying parts for Scud ground-to-ground missiles was intercepted by Italian police off the Sicilian coast and escorted to the port of Augusta, judicial sources said on Tuesday. The Waalhaven had loaded the parts
      AFP  -  178 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      861 31 Page Col ABC Containerlinc 12 1 Accord Group 8 1-3 APL 5 3-5 Alpha Feeders 6 1 ANL 3 1/2 ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 Bait Orient Line 7 4/5 Bangladesh Shpg 9 3 Bank Line. The
      861 words
    • Article
      Lock icon Dinar deficits at tanker firm may reach tens of millions
      242 31 Reuter KUWAIT Losses from suspected fraud at the stateowned Kuwait Oil Tanker Company (KOTC) could reach tens of millions of Kuwaiti dinars, a company spokeswoman said. The company is investigating allegations of internal fraud after revelations of large deficits in
      Reuter  -  242 words
    • Article
      Lock icon TAA ready to consult transport users and customers
      249 31 South China Morning Post HONGKONG The Trans-Atlantic Agreement (TAA) is prepared to consult with all transport users and customers and will fairly and promptly consider all shippers' requests and complaints. Members of the agreement also said that the consultation will be carried
      South China Morning Post  -  249 words
    • Article
      Lock icon Japan to control plutonium supplies
      130 31 Reuter TOKYO Japan, awaiting arrival of a controversial shipment of plutonium from France, will join an international project to control supplies of the highly toxic material, the Tokyo Shimbun newspaper said. The newspaper quoted senior government sources as saying Japan would take part in the
      Reuter  -  130 words
    • Article
      Lock icon Bunker suppliers see tight squeeze on profits
      475 31 Reuter SINGAPORE Bunker fuel suppliers in Singapore face a continuing squeeze on profits in the first quarter of 1993. oil industry sources said. They blame the continued pressure on revenue on the drop in crude oil prices over the past few months caused
      Reuter  -  475 words
    • Article
      Lock icon Hapag-Lloyd to axe 400 jobs to cut costs
      435 31 Lloyd's List LONDON There was an air of inevitability about Hapag-Lloyd's decision to axe 400 jobs over the next five years to save costs. The German liner operator which has not been spared the ravages of overtonnaging and low freight rates, hinted
      Lloyd's List  -  435 words
    • LOG BOOK
      • Article
        Boeing unit pays US$3.8m to settle charges
        96 32 WASHINGTON Boeing Co s ARGOSystems Inc subsidiary has paid the United States US$3.B million (556.2 million) under a civil settlement involving three Navy contracts, the Justice Department said on Tuesday. The government had claimed that ARGOSystems had mischarged labour costs, tailed to provide
        96 words
      • Article
        Union Pacific output to resume
        111 32 HOUSTON Cliffs Drilling Co said it expects to have a mobile offshore production unit in operation on Ship Shoal Block 263, 100 per cent owned by Union Pacific Corp, in the Gulf of Mexico during the third quarter. Production from the block, located offshore Terrebone
        111 words
      • Article
        Italy approves train project
        105 32 ROME A trio of cabinet ministers on Tuesday gave government approval for Italy to build a US$3.B billion (556.2 billion) highspeed train system which will link Napoli in the south with northern Turin. The plan calls for the Treno di Alta Velocita (TAV) to be operational
        105 words
      • Article
        Clearing oil-hit Spanish beaches
        87 32 LA CORUNA, Spain Anti-pollution teams with buckets and shovels on Tuesday began clearing up tonnes of oil washed up along the north-west coast of Spain from a Greek tanker which ran aground four weeks ago. Spanish authorities have said that the crude oil will be removed
        87 words
      • Article
        Houston channel re-opens
        80 32 HOUSTON The US Coast Guard said it re-opened the Houston Ship Channel to one-way traffic after lifting of a fog that had halted traffic since early on Monday on the Houston to Galveston, Texas, part of the 80-km waterway. Ship Channel traffic will be halted again for
        80 words
      • Article
        Mexicana ends flights to Dallas
        59 32 DALLAS Mexicana Airlines will pull out of the DallasFort Worth market next week, ending a 30-year relationship with the area. Mexicana officials cite low patronage and competition from charter airlines for the decision to drop its two flights on Jan 5. At one time, Mexicana
        59 words
    • Article, Illustration
      Lock icon China looks to the sea
      1318 32 With a fleet modernisation programme and new port development, China is hoping to find a place among the world's major maritime countries. More significantly, is the shift in policy to make the shipping industry more efficient International Transport Journal A FLEET modernisation programme, a fast
      International Transport Journal  -  1,318 words
    • Article
      COCKETT BUNKER MARKET REPORT
      959 32 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
      959 words
    • Article
      THE SHIPPING GUIDE
      13452 40 This is a list of ships loading at J Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping j line involved and the estimated dates of arnval and departure from t the Port of Singapore. LEGEND PN: ship calls
      13,452 words
    • Article
      SHIPPING AGENTS
      3327 45 (Far East/Nartii Aanrica, wMw ican President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. Trans-Pacific Westbound Rata Agraamant (Narth Amark a/Far East): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK
      3,327 words
    • Article
      COURIER SERVICES
      260 45 Abacus Couriers Tel 545-8011 Fax: 545-1898. Air Express I ravel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716, *****80 Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cit>-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A
      260 words
    • Article
      AIR FORWARDERS
      1473 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerosoeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. .Air Express International Tel: 542-7666. Fax: *****74. *****50. .Air
      1,473 words
    • Article
      PORT CONDITIONS
      1188 46 ALBANIA Durres: Seven vessels in port of 3 discharging general cargo, 1 chicken feed, 1 bulk wheat, 1 loaded coal vessel, 1 loaded chrome vessel waiting to sail. ANGOLA Luanda: Conditions in town and port normal. All cargo berths occupied, 3 vessels waiting with 1-2 days delay expected.
      1,188 words
    • Article, Illustration
      Lock icon SHIP SALES & TANKER RATES
      631 46 SHIP SALES TANKER RATES There has been a flurry of activity in the past couple of days with a number of significant deals being reported especially on the tanker side. VESSELS SOLD FOR FURTHER TRADING Bulk carriers Alexita: 122,522 dwt and built 1972 Mitsubishi, sold to clients of Golden Union
      AFP  -  631 words
    • Article
      AIR FREIGHT SCHEDULE
      555 46 ARRIVALS DEPARTURES Op Might l>pe ETA I From Op Flight l>p* LTD I lo TODAY TODAY KAL KE697 B747F 0150 1 SEL K\L KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      599 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep .Name of Vessel ETA EI'D Ports of Calls Port Agent Telephone No DECEMBER 31 31 Ocean Peark 0800 1900 World Cruise Inchcape Shpg 221-1388 JANUARY 01 01 Regent Spirit 1700 1900 Cruise to nowhere Regency Cruises 271-2911 01 01 Fantasy World 1000 1900
      599 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        702 47 Vtud Voy No Berth Anival Depart™ V«jd Voy Wo Berth Amval Pepartm Jurong Port Alam Talang 4N P04 31 12/0800 01 13/1400 *****03/8 AD092 )3 alongside 31 12/0200 Bin Seria 25E P10 30 12,2300 31 12/1800 Arktis Lake J3 alongside 31 12/1700 Caitex 30/12* P01A 30 12/1100
        702 words
      • Article
        MALAYSIAN PORTS
        119 47 Kuchire Port Arrive on Dec 30: Berjasa.Brishope,Equator Jade, Yong Hua,Genii. Berth: Yong Hua, Ribuan Jaya. Asian Clipper. Depart Esperanza Ace, Cara Timor.Kebon Karet, Equator 111. Penang Port On the way: Helen N. Lily Maa. Angelina The Great, KC 1000. Brest. Alam T Anteram, Hong Mao Hai. Bunga Kiambang,
        119 words
      • Article
        CONTAINER SCHEDULES
        1740 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SNp Voy No Containers avaiaMe Ship Voy No Containers avaiabie FHaos 9235NB COO(EST) 3012.92 2100 Eagle Cloud Hi Jakarta 131 29.12.92 0720 Permint Sun 43E COO(EST) 30 12 92 2100 129 29.12 92 0815 Yuriy Maksar 2892W COO(EST) 3012.92 2100 OOCL
        1,740 words
    • Article
      DAILY FREIGHTS
      354 48 Business in the dry eargo freight market on Tuesday, was slow to pick up after the Christmas holiday with few fixtures reported and futures largely neglected. The Baltic Freight Index (BF1) fell two points to 1,376 with major timecharter routes downwardly revised. Futures were indicated at little changed
      354 words
    • Article
      TRANSPORT DIARY
      1006 48 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 (SDF case
      1,006 words
    • Article, Illustration
      Lock icon American takes stake in Canadian Airlines
      554 50 Carriers' frequent flier programmes will be linked NYT WASHINGTON AMR Corp, parent company of American Airlines, said on Tuesday that it would invest US$l94 million (Ss3lB million) in Canadian Airlines International Ltd, a struggling carrier based in Calgary, Alberta. American will also provide Canadian
      NYT  -  554 words
    • Article
      Lock icon US traffic accidents, deaths hit 30-year low
      246 50 AP WASHINGTON Americans are enjoying their safest year on the highways in three decades, federal officials say. as deaths and drunken driving are down and use of seat belts is up. Transportation Department officials projected on Tuesday that when 1992 is over, 39,500
      AP  -  246 words
    • Article
      Lock icon Rail-truck ventures grab bigger share of long-haul market
      569 50 Bloomberg WASHINGTON Joint ventures exploiting the efficiency of railroads and the flexibility of trucks are grabbing a larger portion of the nation's market for long-haul freight. "Intermodal transport is one of the biggest stories of 1992 for the railroads," said Carol Perkins,
      Bloomberg  -  569 words
    • Article
      TNT launches direct mail consultancy service
      300 50  -  By Dexter Lee SINGAPORE Amster-dam-based TNT Express Worldwide has introduced a direct mail consultancy service in Singapore that will help exporters penetrate foreign markets without incurring heavy initial expenses. Called TNT Mailfast. the new service comes as part of the air express company's export/distribution
      300 words
    • Article
      Lock icon Occidental plans to supply natural gas as vehicle fuel
      318 50 Bloomberg WASHINGTON Occidental Petroleum Corp may enter the market to supply compressed natural gas as an alternative fuel for motor vehicles. Under a plan outlined in a letter to the Securities and Exchange Commission, Occidental may build and operate service stations
      Bloomberg  -  318 words
    • Article
      Lock icon Greyhound cuts bus fares by up to 50pc
      305 50 NYT NEW YORK Greyhound Lines Inc, the country's only national intercity bus company, announced price cuts on Tuesday by up to 50 per cent on advance-purchase fares. The company, based in Dallas, said its "Go Easy Fares" would be 20 per cent
      NYT  -  305 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      22 31 Lines and sendees represented by Members ot the Registry at Accredited (IfMßiy Stngepore Matter* ShipFor advertising enquiries, contact Shipping Times: Tel 740-2089T740-2090.
      22 words
    • Advertisement
      Page 31 Advertisements Column 2
      86 31 the FAMOUS Kak/'JiMAk ■Emga 224 1833 For more information please refer lo Pg. 13 China looks to the sea, Page 2 American takes stake in Canadian Airlines, Back Page 1/C "0 THE TOTAL TRANSPORTATION We Sail The World For You WISHING ALL SHIPPERS AND CO-LOADERS H E3 B INTTRNATIONAI GBOUPAGE
      86 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      81 32 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 at successful small firms and the people
      81 words
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      Page 33 Advertisements Column 1
      2309 33 mm OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *o|f## *****11 FAX: \IIIF# BOOKINGS TEL: *****34 *****58/ *****40 JP CFS (PSA F5) TEL *****21/ *****79 P CQflflQ 'J PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L VMf^ PORT KELANG TEL: *****18 FAX: *****91 *****88 T~TT TT~n 1 PENANG TEL. *****4 FAX: *****1
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      Page 33 Advertisements Column 2
      1340 33 Find out how sellers are reaching out to buyers In Advertising and Marketing. Every Thursday in BT UASC Ilk J UNITED ARAB SWPPING aLfSAGjIjM irt I in I 1 w I ■mo» mm «/ti vn t« m« 12« H il wm 23 oi h.k a« 2/u vu JMTt raw mw
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      26 33 I [M v 1 K**/ V V gJii f MAERSK zvislies P a/T customers f o and friends /I !Prosperous and p Kappy 9{ezu year f
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      1112 34 Agents: Singapore HAPAG-LLOYD (SINGAPORE) PTE LTD Singapore *****00 Fax No: *****40 CFS *****48 Malaysia Segani Agencies Sdn Bhd. K. Lumpur *****25 eP. Kelang *****18 e CFS *****50 e Penang *****7/*****2 e JB 07-*****0. *****9. VESSELS VOT VIA FEEDER SPORE HAMBUR6 ROTTERDAM AHTWCRP THAMES It HARVC Wilt DC PROVENCE Y9S26W 1/1
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      569 34 FCL 4 Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vottochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea t Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel IT A BIN VILLE DE VEGA 09/O1 A. ABRAHAM
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      1360 34 Blgoaagia un i REGULAR INDEPENDENT FULL CONTAINER SERVICE I~ VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT* FEL LMA NORASIA SING A 9244-3 04/01 26/01 28/01 31/01 02/02 01/02 03/02 03/02 04/02 I NOR ASIA SHARJAH 9245-3 12/01 03/02 05/02 07/02 08/02 09/02 10/02 11/02 12/02 1 NORASIA MUBARAK 7246
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      1991 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 IMiaMJMiliiilM rjr ST« SMppto* PM LM ;X' S J a COMTAIHCT stßvtcero ctmomHUB kKMJH YOU KK. Skin, Tw 31 o*c 31 Dtt 02 lan RAJAH BROOKE Vol£ Mud lab 04 05 Jan
      1,991 words
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      Page 35 Advertisements Column 2
      2384 35 SINGAPORE AGENT: IJX7/1 PAO Containers (Singapore Agencies) Pte Ltd i iXV/ VjlVlllcllllCrd 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 W**wppi ■W CR Number **********0Z VESSEL WOT 'MO *PKO MM ALO SOU AMT HOT NAM VESSEL VOY AMI
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      678 36 1 INDONESIA NATIONAL UNE TO EUROPE -.oj ISBI w» stok —m/mm wmc jfijfijjl >wnor~ MAIARAM ag II PORT 30/1 3/2 6/2 10/2 SRRMIATA 36N8 2-6/2 8/1 13/3 11/3 123/3 TO AUSTRALIA EAST COAST POBTS mjwi rrn store syp melb am laws WO lATAKMIA/***** 1/1 31/12 1»/1 21/1 WO AUSTRALIA/***** 19/1
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      1380 36 HANJIN SHIPPING I FW«I I ILM HAUL SEA YCJI FDD YSI SM IIM HAM. SAV HU NYC HAMM CKAI (WOE 4/1 H. CHUNGMU 095£ 21/1 21/1 HAIW OCU 05« 4/1 N ElWl 005 C 11/2 12/2 14/2 HI KWANGYANG 0971 11/1 M. KEELUNG 0401 4/2 5/2 HAIUN KNANEYAMI 057E 11/1
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      Page 36 Advertisements Column 3
      1323 36 f mmm W I A J I I pu scr use wc us rus wi o» ret m no uu cm m mc in* mm mm ne m m as hi W csenirimaaj n/unri vi 7/1 9/1 11/1 12/1 u/i ivi i«/i u/i »/i i«/z 12/2 IV2 2V2 h/i r/i
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      1492 37 IrZ I] 'NEPTUNE ZIRCON 24W' ETA SGP 02/01/93 H lIETA LEH 18/01, FLX 19/01, RDM 21/01, DRV 22/oll| POWtfTS ITO CALtfORMA«US QULF IHLMtO POtMTS ATLANTIC WA MLB j U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SUP LOS OAK VAN CHI DAL/HOU MPH ATL NYK
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      Page 37 Advertisements Column 2
      1165 37 m 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 EAS TBOUND—OISCHMGN6 WESTBOUND-LOADWG TRM6HPPED
      1,165 words
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      Page 38 Advertisements Column 1
      1379 38 > 44 iVi f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CR 0; **********0 M) m M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 B IVI &J MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 JL JAto MLam INDONESIA:
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      Page 38 Advertisements Column 2
      1054 38 PHI LI on If NT LINGS Pit LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... JStk Jfflt WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION mf 08 JAN SYDNEY. MELBOURNE. BRISBANE.
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      401 39 Nil BBPIL 1 PACIFIC I INTERNATIONAL LINES (PTE) LTD I Att Govt, I t/alued A I Itetpfuf, And, VnMfwum flew Ifawt, 1993 w 1 SINGAPORE ETA ETA 1 VESSEL VOYAGE DISCHARGE LOADING MANILA CEBU ♦Pacific Eagle 3NB 01 January 03-04 January 09 January Aka Bhum 106 A 08 January 08
      401 words
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      Page 39 Advertisements Column 2
      1575 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY C P GUDANG PENANG P KEL ANG OCEAN VSI/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) 1/1 77l 211 SELANDIA 2522 5/1 22/1 24/1 2S/1 27/1 g "171 8M 9/1 BENALDER 2532 '2/1 29/J 31/1 1/2 3/2 q 15/1 ?s7l iiTi
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      Page 39 Advertisements Column 3
      290 39 0 BSA° TRANSPORTATION M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Klj Pen P.Gdf PAGAN VI9IW 4/S lan PATHEH VI2IW 7/5 lan HPA-AM VIBSR 12/14 Jan 8/7 lan MALAYSIA MINTS BOUJTtAC MtWG AGENCES Ml: TU 03-*****00 Pitt. Ttt 03 3M47S 7 PW IU 04-41(135 TO
      290 words
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      2038 42 Container lKkeesjl l |Wt5 Liner Services M .«w-wr.MMh GeiKrit 500t,., Acm* Cm. C.« S»W«J S* SM Cb.« CM S»WM j/ /R H Joanda Hi/14 J Coslar Shipping Pte Ltd sm-. e "ff*' S?SS*W/»i»« awss..«. r« E® ***** L Singapore 0207 Singapore 0617 Tet. 367 2855, 368 961 Te/03J c &wenng.
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      Page 42 Advertisements Column 2
      52 42 1 SPORE 'A' VESSEL OC-171 24/25 JAN To Buena yentu a/ Ban a nqula/ S ant a Marta/Cartafena/ Santo Dommfo/Port hi Prince Plo QiwUal/ftcajutla/San lorenw/Corinto/Pto Cakteri iOHRffiHBSSSH SPORE MAKEDONUA JC-266 7/8 JAN To: Ma<acat>o Puerto Cabefc/Georte Town/Guaranao/ la Guaira/PTo Sucre/Mataiuas/ Port ol Spain /Par amaribo Panama' Colon Cm total/ El
      52 words
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      618 43 (fc FAMOUS CONTAINER LINES 10 ANSON RD..# 15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOI/PKEAUS 2/1 ROTTERDAM 2/1 HAIFA/ASHDOO/ALEXANDRIA 271 HAMBURG/BREMEN 2/1 MARSEILLE/FRANCE 271 FELIXSTOWE/UK 2/1 BARCaONA/SPAIN 2/1 LEHAVRE/ANTWERP 2/1 GENOA/ITALY 2/1 GOTHENBURG/SCANDINAVIA 2/1 LOS ANGELES/WC/IPI 2/1 SYDNEY/MELBOURNE 8/1 NEW YORK/EC 271 FREMANTLE/ADEIAIOE 3/1 VANCOUVER 271
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      Page 43 Advertisements Column 2
      675 43 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line®) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE NETSANET 28WB 28/01 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 30WB 27/02 DARESSALAAM MOMBASA DJWOOTI ASSAB
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      Page 43 Advertisements Column 3
      888 43 mpr* banokok HWI Wl Ml Ml WgCL Ml BR^WIM mil BHUM lis 1/1 VI lARU BHUN 57N Fri 1/1 4/1 BEHIA BHUM 59S 2/1 6/1 HANI* BHUM 122N Sjl 2/1 W*d </l WWW BHUM 174S 6/1 VI WRA BHUM 2tH Sai 3/1 Thu 7/1 Kill BHUM 12S S/l 12/1 G
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      1530 44 AC-NELS GROUPAGE I I K-/V- JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 V J X P.KELANG: (03) *****77 JAKARTA. (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 3/1 4/1 5/1 Hont Kon f Ldn/Fl*/Rdm/Ant/LHV 7/1 8/1 9/1 6/1 7/1 8/1 Hone
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      Page 44 Advertisements Column 2
      268 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM PROSPECT 22S 6/1 11/1 20/1 6/2 NZ STAR 5S 19/1 31/1 2/2 19/2 PREMER 22S 29/1 10/2 12/2 1/3 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER. WELLINGTON.
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      Page 44 Advertisements Column 3
      994 44 f THONG SOON UNES PTE. LTD.) Mi 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 VSr TLX: RS ***** CARRER, RS ***** JENHOI CABLE: TOSOCO CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL VOT IS'POIE [PEST VESSEL >0T SPORE
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      115 46 v k IiHIHH^ Scalpel...scissors...sutures_ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. youiMironev informed maXimiSe ret rnS Essentia information accessible every business day through Business Times. In the same way a surgeon needs his tools to operate, he needs Business Times
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      136 47 VP. LIVING IT -tffe" EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
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      355 48 The weekly freight market report was not available. any job. any Career. A sn AVAILABLE ANY DAY. /fe/L, W Any Time. Anywhere. 7 T 4 si? The Strait* Times The Sunday Times Bu»im»« Times t 1 The New paper Lianhe Zaobao Liamme Wanbao .r 1] 1 wF \7l |AjL» Smin
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      Page 48 Advertisements Column 2
      297 48 I cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNO P.G. LOADING FOR: A VESSEL 28/1 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/01 20/01 Huangpu/Gusrtgihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CMNA/BANQK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please reler
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      Page 48 Advertisements Column 3
      178 48 r— IpMHMI CONTAINER LINE iHsHaiiil j Y FAR EAST WEEKLY /«JL CONSOLIDATION HONCKONC •JAKARTA \K6BE KEaUNG/KAOHSIUNG MANILA BUSAN PENANG/PORT KELANG BANGKOK •TOKYO/YOKOHAMA/KOBE Tel: 538 0155 UNC OWENS CONTAINER LINE (S) PTE LTD KONG 133 New Bridge Road #09-06 Chinatown Point S pore 0105 n it /MIF Brcikbnlk Comdkktion Rd >17-04
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      32 48 CONTAINER SERVICE S'PORE/JAKARTA/SEMARANG/SURABAYA «SS£l VOY STOW JAKARTA SOMRANG SURABAYA VENABU 0040 040 31/12 3/1 VENABU 0041 041 6/1 9/1 PERMAI I 0135 135 4/1 6/1 8/1 PERMAI 0136 136 11/1 13/1 15/1
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      Page 48 Miscellaneous Column 1
      720 48 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 i 1.3 I S 2.2 2.4 2.4 2.3 2.0 1.6 1.3 1.1 1.1 1.3 16 21 2.4 2.5 2.5 22
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      1119 49 4k HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PWA PKE PGD+ SIN RTM ANT* LEH* HAM BKEt FEL H. EXPIORER 303N 31/12 1/1 2/1 3/1 22/1 22/1 23/1 24/1 24/1 26/1 H. CHALLENGER 302H 7/1 8/1 9/1 10/1 29/1 29/1 30/1 31/1 31/1 2/2 OOCL CHARISMA 303W 14/1
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      Page 49 Advertisements Column 2
      445 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS j INBOUND VESSELS I rtSSU Nl 9 N uc n THUS lITO SID 9.0 Ml ■FT COSMC iISTEI II I/I KEtSMW 12 1/1 1/1 U/t COSMC PKMM IT l/l 11/1 m 12,1 ISUU CirfU II ■PT 31/12 DILI* ROIA 14 1/1
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      Page 49 Advertisements Column 3
      1059 49 OUR USA [•H, kOT nu Mom* lliul l*T w I*l OM MOU DM CM m MM MC SERVICE CALLS on (MUM *441 05 01 «UWT<* OCTOOT MUM 04-07/01 ~«T ?7.01 27/01 77.01 ?mi "21 01 21 01 "ivoT SINGAPORE ■Ml IMS 12 01 4UMTCO cai—US > ***** 13 14 01
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      Page 49 Advertisements Column 4
      141 49 BINTAN6 MAS SHIPPING PTE. LTD. 39 NEI ROM) SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS **T5 Of CARGO STOK DESTWATWR BMTANG BELMT VOIE 04-05 JAR 05-05 JAR BnMu. Mi KM* MERCURY IADE VOIE 04-05 JAR 05-06 JAR Mura. libuar BMTARG SEBA VOIE OS-09 JAR 10-10 JAR BnhAu.
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      95 50 pipliiiSß Jf\»- V*"y It could be a controversial deal between two stock |7 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 is the news feature
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      Page 50 Advertisements Column 2
      92 50 Every Saturday Business Times in ///2L We are pleased to announce fflKan ,<[« to our Business Associates, Friends xaSr v\\3f and Valuable Customers j* that effective Ist January 1993, our separate set-up known as: fi 0 'pf GLOBAL CONTAINER FREIGHT PTE LTD **2 will be handling all your activities. j
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