The Business Times, 10 November 1993

Microfilm: NL18965
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times MITA (P) 552/12/92 Wednesday November 10 1993 H E KHOW ASIA 75*
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up at midsession
      63 1 Reuter NEW YORK Wall Street stocks continued higher yesterday on the back of a strong bond market whose advance was sparked by unexpectedly positive inflation data for October. The Dow was up 10.62 at 3658.52 at Ipm EST. At midday, US Treasuries were higher, with
      Reuter  -  63 words
    • Article
      Lock icon EC to investigate aid to Air France
      70 1 AFP BRUSSELS The EC Commission will open an investigation today to see whether government aid granted to Air France airline was illegal, a European Community source said. In March, Air France, the French national carrier, issued securities worth 1.5 billion francs (SS4O7 million),
      AFP  -  70 words
    • Article
      Lock icon French media law before Cabinet
      38 1 Reuter PARIS A draft Bill to reform France's television and radio industry will be presented for approval today to Prime Minister Edouard Bahadur's Cabinet by Communications Minister Alain Carignon, his spokeswoman said. Rcuter.
      Reuter  -  38 words
  • Article
    MARKET SUMMARY
    113 1 Stock market indices Tmrfay Change STII 2.053.30 -15.5 KLSE Composite 937.6* +16. J4 Nikkei 18,125.71 -499.45 Hang Seng 9,088.47 -89 48 SET Index 1,315.33 +8.42 Jakarta Composite ...508.06 +0.28 CLSA China B 1,120 35 +2.75 Aust All Ord 2,050.8 -3.4 FISEIOO 3,096.0 +18.4 Tanda) Previous Ipm close Dow
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  • Article
    Telecom half-year profit rises 19.7pc to $776.7m
    642 1  -  By Lee Han Shih SINGAPORE Singapore Telecom yesterday announced a 19.7 per cent rise in group pre-tax profit for the six months ended Sep 30 to $776.7 million but hinted that its performance in the second half may not match that in the
    642 words
  • Article
    Lock icon Taiwan to boost S-E Asia investment in face of changes in HK, China
    215 1 AFP TAIPEI Taiwan announced yesterday its first blueprint to promote investment in SouthEast Asia, in a bid to reduce dependence on China and replace Hongkong as middleman in trade after the colony reverts to Chinese rule in
    AFP  -  215 words
  • Article
    Lock icon Motorola in US$1.8b technology deal
    131 1 NYT NEW YORK Motorola Inc and Nextcl Communications have agreed on a US$l.B billion (Ss2.B billion) deal that could mean a new nationwide player in cellular telephone competition. In a move that could dramatically hasten the arrival of a new nationwide competitor to cellular telephone
    NYT  -  131 words
  • Article
    Sale of premises will give Wrigley's $25m to chew on
    361 1  -  By Abdul Hadhi SINGAPORE Chewing gum giant William Wrigley Jr is wriggling out of Singapore. It is selling its local premises and expects to make a $25 million profit on the deal. The company said in Chicago this week that
    361 words
  • Article, Illustration
    Lock icon Japanese shares slump 500 points
    525 1  -  From Anthony Rowley in TOKYO TOKYO stocks plunged by nearly 500 points yesterday, amid fears that the fall signals the third leg of a bear market which began in 1990. The sharp slide also appears to acknowledge the inevitability of a double-dip recession in Japan.
    Source: Bloomberg  -  525 words
  • Article
    Tokyo fallout checks Asian rebound
    302 1  -  By Paul Leo SINGAPORE Shock waves from the Japanese stock market yesterday stopped the regional share price rebound in its tracks. The benchmark Straits Times Industrials Index rose in the morning to a high of 2,082.98 but succumbed to selling pressure in the afternoon to
    302 words
  • Article
    Lock icon Analysts fear market sell-off if Nafta fails
    298 1 Knight-Ridder NEW YORK US financial markets, and Treasury bonds in particular, could come under selling pressure next week if Congress does not pass the North American Free Trade Agreement, analysts predict. According to the latest head count, the Clinton administration is still short
    Knight-Ridder  -  298 words
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      155 1 j^^Tl£tteringSyste^| CONTENTS News 2 .9.10.12 Regional News 3.4.5 Financial 15.16 World News 6.7 Features Marfcats Analysis 31 Ctt)/KISE. StS 23.24 Editorial 30 Regional 21 Sports 25 World 22 TV/litestyle 27 Currencies 18 World Focus 8 SmenCommo .18.20 Subscription Tel 1800-*****77 Fa* *****75 BT Editorial Tel *****18 Fax *****71 BREITLING 1884
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      10 1 Regional Analysis: Pg 28 Removing economic wad blocks in India
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      12 1 Hock Lock Siew: Pg MAA's strategy pays hff More reports. Page 2
      12 words
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      26 1 Are dragon bonds out of breath? Launched about two years ago, dragon bonds are struggling to live up to their potent image. Anal) sis. Page 31
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      13 1 Making you a complete golfer is our commitment. Fuller reports on Pages 22-24
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Non-oil exports to EC slow
        311 2  -  By Schutz Lee IN THE first nine months of the year, the monthly increases in Singapore's non-oil domestic exports to the 12nation European Community have been moderating steadily, compared with the same months last year. In fact, in September, exports of non-oil Singaporemade goods to
        Source: TDB  -  311 words
    • Article
      OSA trial returns to open court today
      362 2 THE TRIAL of five men charged under the Official Secrets Act (OSA) returns to the open court today after five days behind closed doors. On Nov 2, after the testimony of the Internal Security Department's investigating officer for the case. Deputy Public Prosecutor
      362 words
    • Article
      3,700 more private homes to come onstream by end-94
      313 2  -  By AJ Leow A FURTHER 3,700 private residential units may come onstream by the end of next year, judging by the latest monthly statistics released by the Urban Redevelopment Authority (URA). According to the bulletin, of the 6,242 residential units given
      313 words
    • Article
      Beri organising Asian forum on government proficiency
      124 2 BUSINESS Environment Risk Intelligence (Beri) and the Institute for International Research are jointly organising an Asian forum on government proficiency in Singapore next month. Based on a government proficiency study developed by Washington-based Beri, the forum to be held from Dec 6 to
      124 words
    • Article
      Call to team up for infrastructure projects
      456 2  -  PM Goh's visit to S Korea Reports from Chuang Peck Ming in SEOUL PRESIDENT Kim Young Sam and Prime Minister Goh Chok Tong have agreed that South Korean and Singapore businessmen should team up to invest in big infrastructure projects in third countries.
      456 words
    • Article
      Apec forum should be used to push free trade, says Goh
      541 2 SEOUL Singapore and South Korea should help to promote a freer flow of trade and investments across the Pacific via the Asia Pacific Economic Cooperation (Apec) forum, Prime Minister Goh Chok Tong said last night. Speaking at a dinner
      541 words
    • Article, Illustration
      Lock icon Ready for video conferencing with Asia?
      297 2 IS THE reserved Asian ready for video conferencing through which people in different places can see and talk to one another as if they are in the same room? Judging by what happened at the Singapore Telecom theatrette yesterday, most Asians would rather not
      Photo by Yow Yun Woh  -  297 words
    • Article
      Telecom to cut IDD rates to US, Canada and India
      364 2  -  By Corinne Kerk SINGAPORE Telecom will cut International Direct Dialling charges to the US. Canada and India by as much as 14 per cent from January. And with the cuts. IDD customers will save 59.7 million a year. But Telecom
      364 words
    • Article
      Partners linked by Asia's longest submarine cable system
      162 2 SINGAPORE, Malaysia, Hongkong, Taiwan and Japan are now linked by Asia's longest optical fibre submarine cable the US$335 million (***** million) APC system. Singapore Telecom, Telekom Malaysia, Hongkong Telecom, International Telecommunications Development Corporation of Taiwan, International Digital Communications of Japan and Kokusai
      162 words
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  • THE REGION
    • Article
      Lock icon Jakarta takes steps to ease labour row with US
      504 3 Reuter, AFP, UPI JAKARTA Indonesia, hoping to persuade Washington to drop its threats to end trade privileges, has raised the minimum wage for Jakarta workers and sent a team to reassure US officials over labour concerns. Diplomats yesterday said the moves
      Reuter,; AFP,; UPI  -  504 words
    • Article, Illustration
      Lock icon 3 Suharto children among 10 richest indigenous Indonesians
      282 3 Reuter. JAKARTA Three of President Suharto's children are among the 10 richest indigenous Indonesians in a list topped by a former head of the state oil company Pertamina. A survey by the Info Bisnis monthly, made available yesterday, put Mr Suharto's second
      Reuter.  -  282 words
    • Article
      Lock icon Nusa Tiga expected to be ratified next yean JB
      112 3 Bernama JOHOR BARU Johor, Singapore and Riau are cxpectcd to ratify the development concept of their economic growth triangle, called "Nusa Tiga" early next year. Johor Mcntri Bcsar Muhyiddin Yassin said yesterday that he had directed state secretary Ishak Yusof to
      Bernama  -  112 words
    • Article
      Ramos leaves for US to woo investors
      353 3  -  From Al Labita in MANILA PRESIDENT Fidel Ramos leaves today for a 14-day trip to the US to woo investors. Mr Ramos will hold roundtable meetings with US corporate giants in eight key cities in the hope of drawing them to the Philippines.
      353 words
    • ASIA NOTES
      • Article
        Lock icon China approves 54 new projects
        65 3 Bloomberg Business News HONGKONG China's State Planning Commission has approved 54 infrastructure projects that focus on improving the country's economic development. The Beijing-backed Wen Wei Po said yesterday that nearly half the projects, which include energy, telecommunications and transportation, will be financed by loans from
        Bloomberg Business News  -  65 words
      • Article
        Lock icon Taipei Parliament to introduce reforms
        72 3 Reuter TAIPEI Deputies in Taiwan's ruling and opposition parties yesterday agreed to create a parliamentary committee to introduce democratic reforms, including direct presidential elections. Whips of the two parties said Parliament would revise its organic laws and establish a constitutional amendment committee by Dec 10.
        Reuter  -  72 words
      • Article
        Lock icon Jakarta will not reschedule debt
        63 3 Knight-Riddcr SINGAPORE Indonesian State Minister for Development Planning Ginandjar Kartasamita has rejected suggestions that the country's foreign debt repayments needed to be rescheduled because of the high yen. "It is not necessary for the government to reschedule its foreign debts because the debt service burdens
        Knight-Riddcr  -  63 words
      • Article
        Lock icon Help for Vietnam's financial system
        66 3 Bloomberg Business News TOKYO The Bank of Japan will help Vietnam reform its financial system at the request of the Hanoi government. The Mainichi newspaper yesterday reported that a senior bank official would be sent to Hanoi for a year beginning in December, the first
        Bloomberg Business News  -  66 words
      • Article
        Lock icon Power broker rejects calls to testily
        101 3 Reuter TOKYO A key power broker in Japan's ruling coalition yesterday rejected calls that he testify in Parliament about donations that he admitted taking from Kajima Corp, a building firm at the heart of a payoff scandal. "There is absolutely no need for me
        Reuter  -  101 words
    • Article
      Lock icon KL will not be represented at Apec forum: US official
      263 3 AFP WASHINGTON Malaysia will not be represented at a meeting of Asia-Pacific economic leaders to be hosted by US President Bill Clinton in Seattle. A senior US official said yesterday that "Malaysia will not be represented" at a daylong private
      AFP  -  263 words
    • Article, Illustration
      Lock icon Beijing moves closer to Patten on HK voting changes
      464 4 FT HONGKONG China has indicated a willingness to agree to some of the plans of Hongkong Governor Chris Patten for the colony's political development but London and Beijing still remain far apart on his proposals to increase democracy. It was understood
      FT  -  464 words
    • Article
      Lock icon Jiang orders China's military to put combat readiness before business
      459 4 Reuter, UPI BEIJING President Jiang Zemin has warned the military not to neglect combat readiness amid the rush for economic reform, saying army leaders must remember to put guns before profits despite China's business boom. Mr Jiang, who heads the
      Reuter,; UPI  -  459 words
    • Article
      Lock icon China now HK's largest trading partner
      282 4 It overtakes US with 33pc share of total flows for first quarter AFP HONGKONG China has overtaken the United States as Hongkong's largest trading partner, accounting for 33 per cent of the territory's total trade flows during the first quarter, a banking report said
      AFP  -  282 words
    • Article
      Lock icon Taiwan doubles stock investment ceiling for foreign firms
      188 4 AFP, Reuter TAIPEI Taiwan's Central Bank of China (CBC) has agreed to double to US$2OO million (SS3IB million) the investment ceiling an authorised foreign institution can invest in the local bourse. The CBC endorsed the move as part of efforts by the
      AFP,; Reuter  -  188 words
    • Article
      Lock icon Sino-US relations at a crossroads, says China
      482 4 Reuter, AFP BEIJING China said yesterday that relations with the United States are at a turning point, making this month's summit between their two presidents crucial for setting a course for the future. But Foreign Minister Qian Qichen told reporters that President Bill
      Reuter,; AFP  -  482 words
    • Article
      Lock icon China bans illegal fees in effort to clamp down on corruption
      311 4 AFP, Knight-Ridder BEUING China has ordered the cancellation of 75 unauthorised charges imposed by official units on individuals as part of its campaign to clamp down on widespread corruption, the Xinhua hews agency reported. The Ministry of Finance and
      AFP,; Knight-Ridder  -  311 words
    • Article
      Lock icon Japan in a policy impasse as recovery stalls
      553 5 AFP TOKYO Shaken by political scandals, the new coalition in Japan can draw no comfort on the economic front, with a recovery seeming ever more elusive and threatening to poison the social climate. Swept to power four months ago on a mandate
      AFP  -  553 words
    • Article
      Lock icon Materials supplier writes off part of loan to Muramoto
      266 5 Bloomberg Business News TOKYO Kokoku Housing, a Japanese wholesaler of plywood, building materials and housing fixtures, yesterday said it did not expect to collect a third of the credit it had extended to Muramoto Construction. Muramoto Construction, a medium-sized general contractor
      Bloomberg Business News  -  266 words
    • Article
      Lock icon Nissan scraps automatic pay rises
      98 5 AFP TOKYO Japan's Nissan Motor Corp, fighting a severe slump in the car market, has decided to scrap seniority rules on salaries and rcplace them with a bonus system based on ability, a company spokesman said yesterday. The nation's sccond largest carmaker said it would
      AFP  -  98 words
    • Article, Illustration
      Lock icon Humans to the rescue
      62 5 Renter FAREWELL SPIT, New Zealand A young girl gently pours water over a baby pilot whale in an effort to keep it alive yesterday. Ninety whales beached themselves on the northern tip of New Zealand's South Island. About 45 died of exhaustion and dehydration in the
      Renter  -  62 words
    • Article
      Australia told to develop business ethics
      383 5  -  From Florence Chong in SYDNEY STEPHEN FitzGerald, one of Australia's most distinguished "Asia hands" yesterday criticised Australia's ethics in its dealings with Asia. Professor FitzGerald said it was an engagement based on the pursuit of material goals. In a speech damning the greed of
      383 words
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      686 3 Office Space Office Space Office Space Office Space Office Space Office Space For Rent For Rent For Rent For Rent For Rent For Rem Prune location IS 900 iq It fe lactwi Ud« »*nurtmt| Singapore s Icti o4f«i ifKi The prane locator in Orchard open plan far KCKI Amp! t
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      Page 3 Advertisements Column 2
      297 3 HISTORY IN TIME Planetarium Copernicus. Handmade in IBct gold, individually numbered, sapphire crystal, water resistant to 30 m. Shockproof. Lady Newton. Automatic with power mm*, small second and date indicator. 18ct gold or steel/gold. Also available with a diamond set bezel ring. Planetarium Copernicus with lapis lazuli The Planetarium by
      297 words
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      4 3 World Focus, Pg 8
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      203 4 This advertisement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for debt securities. W 10 November, 1993 People's Republic of China U.S. $300,000,000 6.125 per cent. Notes due 2003 Lehman Brothers The Development Bank of Singapore Ltd J.P. Morgan Securities
      203 words
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      Page 4 Advertisements Column 2
      56 4 IMUM l l I Unlike some other nightspots, we stay bright all night. So I I you can fully enjoy our attentive service and the company of your I I friends while Johnny Nicol keeps the mood light with music. I I Omni Marc:o Polo Hotel I I Tanglin Road
      56 words
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  • Page 5 Advertisements
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      134 5 E *>555 SSScSH r Tai Huat, Ismail and Akatel. Worldwide communications systems in action. Throughout Singapore, Alcatel is dedicated systems of PCM primary multiplex equipment servicing and maintenance. Whether on-going V to advancing the country's communications on behalf of Singapore Telecom. project management or a turn-key solution is systems. For
      134 words
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  • THE WORLD
    • Article
      Lock icon US steps up attack on Japan's trade surplus
      386 6 Bloomberg Reuter, Knight-Ridder WASHINGTON The United States increased pressure on Monday to bring down Japan's burgeoning trade surplus urging Tokyo to cut income taxes substantially so consumers have more money to spend on imports. In a series of carefully orchestrated statements, briefings
      Bloomberg; Reuter,; Knight-Ridder  -  386 words
    • Article, Illustration
      Lock icon Christopher's deputy dismissed as foreign policy takes its toll
      280 6 NYT WASHINGTON The Clinton administration moved on Monday to stanch the relentless criticism of its foreign policy performance by compelling the second-highest ofTicial in the State Department to resign. Deputy Secretary of State Clifton R Wharton Jr, the high-est-ranking black official
      NYT  -  280 words
    • WORLD WATCH
      • Article
        Lock icon Russia as exporter of finished products
        103 6 Reuter VIENNA Russian Prime Minister Viktor Chernomyrdin said he hoped Russia would become one of Europe's biggest economic partners and stressed the need for modern technology to bring Russian products up to scratch. Mr Chernomyrdin, speaking on the third day of a visit to
        Reuter  -  103 words
      • Article
        Lock icon Di sues newspapers
        136 6 AFP LONDON Princess Diana yesterday sued two tabloid newspapers, a health club and its owner over publication of photographs taken by a hidden camera of her working out in a West London gym. The High Court writs were filed by her lawyers against Mirror Group Newspapers, the
        AFP  -  136 words
      • Article
        Lock icon Slowdown in Dutch industrial sectors
        106 6 Reuter AMSTERDAM Thirty thousand jobs in the Dutch engineering and electronics sector, 13 per cent of the industry total, will have disappeared in the three years to end-1994, employers' organisation FME predicted. FME chairman Hans van den Akker told employers' magazine Onderneming that companies were
        Reuter  -  106 words
    • Article
      Lock icon Yeltsin's draft constitution strengthens president's powers
      291 6 Reuter MOSCOW Russia's draft new constitution, made public by Boris Yeltsin yesterday, gives private property rights to the people, strong powers to the president and reinforced status to the federation's 89 members. According to the draft, to be put to a referendum on Dec
      Reuter  -  291 words
    • Article
      Lock icon Hopes fade for workable EC job creation plan
      484 7 Reuter BRUSSELS The chances of the European Commission producing a workable plan to boost the European Community's 12 economies and create 20 million jobs within six years appear to be fading. A synopsis of a Commission policy document, due to be handed
      Reuter  -  484 words
    • Article, Illustration
      Lock icon Ukraine remembers Nazi occupation
      53 7 AFP KIEV A Ukrainian militiaman being dwarfed by a 100-metre tall statue dedicated to the Red Army's liberation of Kiev from tbe Nazi occupation during World War 11. Ukraine officially celebrated the 50th anniversary of its liberation and defeat of the Nazis by the Red Army
      AFP  -  53 words
    • Article
      Lock icon Norway's EC referendum unlikely before 1995
      196 7 Reuter OSLO Prime Minister Gro Harlem Brundtland has said Norway is unlikely to hold a referendum on European Community membership before the end of 1994 or start of 1995, making it impossible to join on target by 1995. Norway's Labour government has said it
      Reuter  -  196 words
    • Article
      Lock icon Balladur aide made head of UAP ahead of its privatisation
      393 7 Reuter PARIS France's conservative government has taken another step to stamp its mark on companies about to be privatised, appointing one of Prime Minister Edouard Balladur's private advisers to head Union des Assurances de Paris. A UAP spokesman said the
      Reuter  -  393 words
    • Article
      Lock icon UK retail sector turns in patchy growth: survey
      414 7 Knight-Riddcr LONDON UK retail sales continue to rise, but growth remains patchy, the Confederation of British Industry said yesterday in its latest survey of the distributive trades sector. Moreover, the rate of sales growth is still well below that reported during the
      Knight-Riddcr  -  414 words
    • Article
      Lock icon European fears of losing IT race premature: analysts
      391 7 Reuter LONDON Bell Atlantic Corp's pending deal with TeleCommunications Inc has aroused anxiety in European countries that they may be losing out in the race to lay "information superhighways". But analysts say such concerns over the US$2l.4 billion (SS33 billion) merger of
      Reuter  -  391 words
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      504 6 6 8 DECEMBER 1993 *THE ORIENTAL HOTEL, SINGAPORE Use EIS to achieve company goals and improve performance Drive your information dollar further (Conference Chairman: Derek Taylor, Chairman and Founder, Holistic Systems Ltd, UK Hear from anoutsUnding panelofElS experts: I Examine the key issues: I rnm.har/i tH The: changing world trends
      504 words
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      78 6 BECOME 'RICH HAPPY' as an owner of Medan Country Club (golf-resort-hotel) project instead of just a car or a golf-club membership. Resources expert Dr. Ta King Ho will also advise you the way to multiply your wealth in a whole-day seminar on November 20 (Saturday). Attendance is very limited. Fee:
      78 words
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      97 7 H i I I The art of writing MOHT° BLANC It has been said that to take a Montblanc in your hand and glide it across a sheet of paper is to enjoy a forgotten pleasure the art of writing. Now Montblanc has taken this pleasure to new heights with
      97 words
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  • WORLD FOCUS
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      183 8 PASSAGES# FOR ASIA'S FREQUENT FLYERS Networking has its ,;y A. redeeming points Networking in business is a must for mutually satisfying relationships and mp-ii sr 183 Daily results. With Swissair's participation as a European Singapore dep 2215 w« Bangkok partner airline in Passages, Asia's exciting, premier Zunch arr 0625 Geneva
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      335 8 Cranbourne Park Shopping Centre A ffrcftt futurc.\^xj Cranbourne Park Shopping Centre is strategically located in the fastest growing municipality in metropolitan Melbourne. This modern centre contains a total floor area of 34,608 sqm approximately and is serviced by 1,557 car spaces. And with a land area of 7.746 ha there
      335 words
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  • COMPANIES & MARKETS
    • Article
      SIA to buy 40pc stake in new Cambodian airline
      480 9  -  By Harish Mehta SINGAPORE Singapore Airlines (SIA) yesterday said it will take a 40 per cent equity stake in Royal Air Cambodge, Cambodia's new national airline which is expected to be flying by the middle of next year. Other shareholders in
      480 words
    • Article
      MAS close to alliance with Ansett
      287 9  -  By Juliette Walker SINGAPORE Malaysia Airlines (MAS) is close to forming an alliance with Australian carrier Ansett Airlines, industry sources say. MAS corporate planning manager Hairun Nisa on Monday confirmed that the airline was in the midst of talks with an Australian carrier on
      287 words
    • Article
      China firms likely to opt for listing on SES mainboard rather than on Sesdaq
      331 9  -  By Yong Pow Ang SINGAPORE The Chinese companies keen on a flotation on the Singapore stock market are likely to go for a primary listing on the main board. To draw sophisticated investors, the first few
      331 words
    • Article
      Details of Sembawang Engrg's $60m project
      205 9 SINGAPORE Sembawang Engineering yesterday announced details of a $60 million offshore platform project by an oil major. The company said in a statement that it was awarded the contract on Oct 13 by Arco China, a subsidiary of Arco International. The job includes the
      205 words
    • Article
      M'sian Assurance Alliance's strategy of focusing on life insurance pays off
      810 9  -  HOCK LOCK SIEW By William Chia SINGAPORE Investors are discovering that Malaysian Assurance Alliance will be a major beneficiary of the country's fastgrowing life insurance industry and have chased its share price up sharply in the past two months.
      810 words
    • Article, Illustration
      Tan Boon Teik takes helm at Morgan Grenfell Asia
      292 9  -  By Paul Leo SINGAPORE Morgan Grenfell Asia Holdings has filled one of the top jobs vacated in a staff exodus this year. It said yesterday that former attorney-general Tan Boon Teik had been appointed company chairman. Chief executive Colin Berry said
      292 words
    • Article
      Pacific Can buys stake in Aussie property firm
      220 9 SINGAPORE Pacific Can Investment Holdings has bought a 19 per cent stake in Australian property-based company International Equities Corp. Pac Can said yesterday it would pay A 53.21 million (553.40 million) for the stake. Part of it will be bought from an
      220 words
    • Article
      HPL to pay £14.5m for UK property
      109 9 SINGAPORE Hotel Properties Ltd (HPL) and its whol-ly-owned subsidiary, Berkley Investments Pte Ltd, have signed a deal to buy Sailmakers Court, a residential development in London, for £14.5 million (5534.2 million). Comprising 85 apartments and 85 underground parking lots, Sailmakers Court is located
      109 words
    • Article, Illustration
      Lock icon SUMMARY
      314 9 Source: Bridge Info Performance of STII's Index stocks Nov 9 Las! Scaw lades Stack sale One factor aw*en Avirao I 760 0.010 1.25 -0.94 CAC 7 tOO 0.300 5.55 -28.30 CWT 2.640 0.040 I.M -J.77 Ocrebos 6 800 0 200 4.84 -18 87 FAN 14.900 -1.000 10.61 94 )4
      Source: Bridge Info  -  314 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Daiman launching town project next year
          63 10 Bernama KUALA LUMPUR Johor-based Daiman Development Berhad will launch the first phase of its self-contained township project in Senai early next year, said executive chairman Tay Kia Hong. He said 602 units would be built under the phase from the total 1,769 units of
          Bernama  -  63 words
        • Article
          Lock icon Antah to continue global expansion
          86 10 Bernama LABUAN Antah Oiltools Sdn Bhd, a subsidiary of Antah Holdings Berhad, will continue with its diversified interest in the oil and gas industry aimed at global expansion. Speaking at the inauguration of the company's accreditation of its ISO 9002 quality standard award yesterday, its
          Bernama  -  86 words
        • Article
          OCBC confirms Taiwan investment
          85 10 SINGAPORE OCBC Bank yesterday confirmed a Bloomberg Business News report that it planned to secure a foothold in the Taiwan securities market by investing US$lO million (Ssl6 million) in Taiwanese stocks. Business Times understands that OCBC's plan to invest in Taiwan is part of the bank's
          85 words
        • Article
          Director of GK Goh unit changes name
          51 10 SINGAPORE G K Goh Strategic Holdings director Kevin Brady has changed his name to Bei Kai Wen. Mr Bei is also director of G K Goh Securities (UK), G K Goh Securities (HK), G K Goh Derivatives (HK) and PT G K Goh
          51 words
        • Article
          IRC takes stake in consultancy
          51 10 SINGAPORE Informatics Resource Corporation Sdn Bhd (IRC) has taken a 20 per cent stake in Informatics Training Technology Sdn Bhd, which will provide computer training consultancy services in Malaysia. IRC, which operates computer training schools in Malaysia, is a wholly-owned subsidiary of Sesdaq-listed Informatics Holdings
          51 words
      • Article
        IGB to float building materials supplier subsidiary Impuda
        461 10  -  By Said Abdullah SINGAPORE Malaysian building materials supplier Impuda will be listed on the main board of the Kuala Lumpur Stock Exchange in December. Impuda, formed 18 years ago to obtain materials for its parent IGB Corp, has since evolved into a
        461 words
      • Article
        Lock icon Tenco makes strong debut on KLSE second board
        123 10 MBT KUALA LUMPUR Tenco Bhd made an impressive debut on the second board of the Kuala Lumpur Stock Exchange (KLSE) yesterday to close at a premium of M 52.56 over its issue price of MS 1.60. Tenco closed at M 54.16. It
        MBT  -  123 words
      • Article
        Lock icon Mulpha's subsidiary in Viet hotel venture
        167 10 Bernama KUALA LUMPUR A wholly-owned subsidiary of Mulpha International Bhd has entered into an agreement with Vietnam's Housing Development Company to set up and operate a hotel in Ho Chi Minh City. The subsidiary, Wellden International, a dormant company incorporated in Hongkong, entered into
        Bernama  -  167 words
      • Article
        Lock icon Hong Leong Industries to make motorcycles in China
        234 10 Bernama KUALA LUMPUR Hong Leong Industries Bhd (HLI) is to manufacture motorcycles in China m a joint venture with an investment totalling US$3O million (SS4B million). A HLI statement yesterdaysaid HLI Overseas Ltd (HLIO), a wholly-owned subsidiary incorporated in Jersey, Channel Islands,
        Bernama  -  234 words
      • Article, Illustration
        UK hotel chain Forte steps up efforts to woo Asian customers
        359 10  -  By Schutz Lee SINGAPORE Forte Hotels, the biggest hotel and restaurant chain in the UK, has beefed up its 18-month-old sales office here to whip up business from South-east Asia. It has also appointed a representative to handle the
        359 words
      • COMPANY BRIEFS
        • Article
          Lock icon Aussie group Amway plans listing
          91 12 Reuter SYDNEY Household products group Amway Asia Pacific Ltd is planning an initial public issue of 7.9 million common shares in a global offering at an indicative price of US$l6 to US$lB per share. The new Bermuda-based company will be headquartered in Hongkong and will
          Reuter  -  91 words
        • Article
          Lock icon Westinghouse in alliance with Taipei
          103 12 AFP TAIPEI Westinghouse Electric Corp of the US yesterday signed a letter of intent with the Taiwan government here to form a strategic alliance to penetrate the Asian market. The letter of intent was inked by Vice-Economic Minister Yang Shih-chien and Michael Jordan, Westinghouse chairman
          AFP  -  103 words
        • Article
          Lock icon S G Warburg profits soar
          60 12 AFP LONDON British merchant bank SG Warburg yesterday announced a near tripling of pre-tax profits for the six months to Sep 30 to £148.8 million (SS3SO million) from £51.2 million at the same time last year. Earnings per share rose to 39.2 pence from 11.5
          AFP  -  60 words
        • Article
          Lock icon Mitsubishi buying Taiwanese lathes
          124 12 Bloomberg Business News TAIPEI Mitsubishi Heavy Industries Ltd will order 200 lathes from Taiwan's Leadwell CNC Industries Manufacturing Corp in a technology transfer and purchasing agreement, the Economic Daily News reported yesterday. The machines, to be built in the first half of next year, are expected
          Bloomberg Business News  -  124 words
      • Article
        Philippine brokers plan options market to cater to small companies
        328 12  -  From Al Labita in MANILA A GROUP of stockbrokers plan to launch the Philippines' first options market soon to cater to companies too small to qualify for listing on the unified exchange. They have formed the Philippine Options Market Inc
        328 words
      • Article
        Astra International plans 1-for-5 rights issue
        292 12  -  From Maggie Ford in JAKARTA THE management of Indonesia's third largest listed company, PT Astra International, plans a one-for-five rights issue. The issue if approved at a shareholders' meeting at the end of this month will increase the number of listed shares from 242
        292 words
      • Article
        Lock icon Australia's SA Brewing breaks away with new name and strategy
        343 12 Reuter ADELAIDE SA Brewing Holdings Ltd plans to earn almost half its revenue offshore within five years when it cuts the last of its 100-year-old links with the Australian brewing industry through a name change later this month. "An international
        Reuter  -  343 words
      • Article
        Lock icon Fletcher Challenge expects flat net profit this year
        226 12 Bloomberg Business News WELLINGTON Forestry and energy group Fletcher Challenge expects net profit in the year beginning July 1 to be little changed from a year earlier, reflecting difficulties in its major markets and a resumption of tax payments. Fletcher Challenge chairman
        Bloomberg Business News  -  226 words
      • Article
        UNIT TRUSTS & FUNDS
        473 12 UNIT TRUSTS FUNDS Maufart' prion (S) Nov 10 WTIIC IKWI IMt TlUSt Income Bond Polio J.97 4.12 The Commerce 1.55 1.63 Pi HdClltlSi The Savings Fund 1.45 1.52 ProLink Mgd Fund 1.35 1.42 Spore Prog Fund 0.65 0.68 S pore See Fund 0% 1.01 MAKA DUMpUuS S pore Invest Fund
        473 words
      • Article
        Lock icon Citizen's earnings decline 17pc; Seiko posts loss
        426 13 Bloomberg Business News AFP, Knight-Ridder TOKYO Japan's Citizen Watch said yesterday its pretax earnings tumbled 17 per cent to 6.3 billion yen (***** million) in the six months to September while rival Seiko Corp announced a 3.21 billion yen loss. Both companies also
        Bloomberg Business News; AFP,; Knight-Ridder  -  426 words
      • Article
        Lock icon Kajima closes Aussie property firm, takes 50b yen loss
        266 13 AFP TOKYO Japan's Kajima Corp announced plans yesterday to liquidate a real estate affiliate at a loss of 50 billion yen (***** million) after it invested in unprofitable projects in Australia. The announcement marked a fresh blow to Japan's top construction
        AFP  -  266 words
      • Article
        Lock icon Seagate to supply 2.5-inch hard disks to Apple
        439 13 Bloomberg Business News SCOITS VALLEY, Calif Seagate Technology Inc said it received its first contract to supply hard disks for portable computers to longtime customer Apple Computer Inc. Seagate, the world's biggest independent maker of computer hard disk, said Apple will buy
        Bloomberg Business News  -  439 words
      • Article, Illustration
        Lock icon Top Spectrum execs quit
        186 13 NYT NEW YORK John Sculley, who recently left Apple Computer to run Spectrum Information Technologies, made it clear on Monday that he was in charge, announcing the resignation of the company's founder and two other executives. Mr Sculley also said that Spectrum had settled a classaction
        NYT  -  186 words
      • Article
        Lock icon Nynex revamps to cut costs, focus on clients
        175 13 Bloomberg Business News WHITE PLAINS, New York Nynex Corp has announced a series of changes in an effort to cut costs and focus more on customers. The changes, announced in a memo to employees, will primarily afTect Nynex's Telecommunications Group and Nynex
        Bloomberg Business News  -  175 words
      • Article
        Lock icon Merck says FTC won't challenge Medco merger
        107 13 Bloomberg Business News WHITEHOUSE STATION, New Jersey Merck Co Inc said the Federal Trade Commission notified the company it was terminating its investigation of the proposed USS6 billion (559.54) merger with Medco Containment Services Inc. Merck, the world's largest pharmaceutical company, agreed on
        Bloomberg Business News  -  107 words
    • FINANCE
      • Article, Illustration
        Lock icon Malaysia to launch world's first Islamic money market
        338 15 MBT KUALA LUMPUR Malaysia will introduce the world's first Islamic money market by early next year for local financial institutions operating inter-est-free banking system (IBS) to borrow and lend funds from one another according to Islamic principles. Unlike a conventional money market
        MBT  -  338 words
      • Article
        Lock icon Global funds to keep targeting Asia
        227 15 Knight-Ridder BANGKOK Foreign investment in fast-growing emerging stock markets in Asia. Latin America and southern Europe could reach at least US$2O-$25 billion (5531.8-539.8 billion) a year over the next 20 years, the deputy chairman of Baring Securities said. That is up from US$l7 billion
        Knight-Ridder  -  227 words
      • Article
        Indian capital markets poised to play major regional role
        396 15  -  Asian Erne mine Stock Exchange conference Reports by Shiv Taneja SINGAPORE Given the rate at which the Indian capital markets have grown in the past few years, it has more than a fair chance of becoming a major market, if not
        396 words
      • Article
        Manila launching initiatives to power growth, but doubts remain
        263 15 SINGAPORE Foreign exchange liberalisation, the Foreign Investment Act and the TarifT Reform Law are three recent Philippines government market-oriented initiatives that will power the Philippines economy to accelerated growth beyond 1993, says Villamor G Vital, research director at the Manila-based All
        263 words
      • SMALL CHANGE
        • Article
          Lock icon Bank of Korea to tighten money supply
          84 15 Knight-Ridder SEOUL The Bank of Korea will adopt a tighter money supply policy in the months ahead, a spokesman said yesterday. The central bank will put more emphasis on price stability amid fears that the recent acceleration of money supply growth could touch
          Knight-Ridder  -  84 words
        • Article
          Lock icon Canadian agency sells global bonds
          78 15 Bloomberg Business News HONGKONG The Canadian Mortgage and Housing Corp. a government agency responsible for Canada's housing policy, is selling Csl billion (SSI.2 billion) worth of five-year global bonds through a group of four underwriters, an official at Lehman Brothers Securities Asia said. In addition
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Citibank set to open in Labuan
          53 15 Bernama KUALA LUMPUR Citibank, the primary banking unit of Citicorp, is to start an offshore bank in Labuan in January 1994, says Daim Zainuddin, the economic adviser to the Malaysian government. This was conveyed to Mr Daim when Citicorp chairman John Reed called on
          Bernama  -  53 words
        • Article
          Lock icon Tokai Bank gets Viet nod for office
          58 15 Bloomberg Business News TOKYO Tokai Bank, one of Japan's 11 top commercial banks, has won the Vietnamese government's approval to establish a representative office in Ho Chi Minh City, Jiji Press reported. Tokai Bank aims to open the office by the end of
          Bloomberg Business News  -  58 words
      • Article
        Bank of America ties up loans for Philippine power plants
        159 15 SINGAPORE Bank of America, a significant player in Asia's power sector, has just concluded the funding for two geothermal power projects in the Philippines totalling US$5OO million (***** million). The funding was arranged by a team from BA Securities Inc.
        159 words
      • Article
        Lock icon America's 50 largest banks' 3rd quarter profit jumps 60pc
        373 16 Bloomberg Business News NEW YORK Improving asset quality enabled America's 50 largest bank holding companies to post a 60 per cent rise in third-quarter net income before extraordinary items. Keefe Bruyette Woods Inc said. Net income, not including non-recurring items, totalled
        Bloomberg Business News  -  373 words
      • Article
        Lock icon US bankers say future lies in financial supermarkets
        261 16 Reuter SAN DIEGO Faced with the loss of customers to "nonbank" competitors, banks must shed their traditional roles and be "financial supermarkets" offering mutual funds and other products if they are to survive into the next century, bankers say. Bankers here for
        Reuter  -  261 words
      • Article
        Lock icon BankAmerica to sell US$340m in loans
        143 16 Bloomberg Business News SAN FRANCISCO BankAmerica Corp said it agreed to sell US$34O million (*****.6 million) in non-performing commercial real estate loans to Whitehall Street Real Estate Limited Partnership 111 for an undisclosed amount. The bank holding company said it expects to report a
        Bloomberg Business News  -  143 words
      • Article
        Lock icon Barclays shifts control of European lending
        160 16 FT LONDON Barclays, the UK's biggest bank, is to transfer control of large corporate lending in Europe to its BZW Investment Bank and curtail some lower-margin syndicated loans to raise earnings. Commercial banks are moving to sell a wider range of services to big
        FT  -  160 words
      • Article, Illustration
        Lock icon New head gives EBRD a fresh start
        218 16 FT LONDON After this year's criticism of its leadership style and finances, the European Bank for Reconstruction and Development needed a fresh start. Changes announced yesterday by Jacques de Larosiere. the new president, will make the bank more effective in helping the economic
        FT  -  218 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Major US oil firms to raise capital spending next year
        483 18 Bloomberg Business News CHICAGO Three of the world's largest oil companies will increase their capital spending in 1994 by about US$3OO million to US$5OO million (***** million to ***** million) each, even though oil prices are trading at their lowest
        Bloomberg Business News  -  483 words
      • Article
        Lock icon Oil executives expect higher prices, demand
        313 18 Bloomberg Business News CHICAGO Chevron Corp chairman Kenneth Dcrr and Amoco Corp economist Ted Eck both expect oil prices to rebound off three-year lows as economic growth boosts petroleum product demand. In September, crude hit a three-year low of U5516.76 a barrel, falling as
        Bloomberg Business News  -  313 words
      • Article
        Lock icon Japanese firms close to signing US$1b oil refinery deal in Siberia
        197 18 Reuter TOKYO Trading house Nissho Iwai Corp and engineering firm JGC Corp said they had completed a feasibility study for a refinery in westem Siberia and were awaiting final approval for the US$l billion (SSI.6 billion) project. "It's not
        Reuter  -  197 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        145 18 RUMOURS of weaponry accumulation in the North Korean front gave the USS a slight boost after lunch yesterday but that was not sustained and the USS/majors was bearish for most of the day. The USS/SS traded within a narrow range despite purchases of USS by
        145 words
      • Article
        Lock icon London
        188 18 Bloomberg Business News LONDON The dollar ended more than a pfennig higher in Europe yesterday as a wave of orders from US investment funds wiped out losses made immediately after figures showed a sujprise drop in US producer prices in October. Analysts said strong demand for dollars on dips
        Bloomberg Business News  -  188 words
      • Article
        North Sea storms stop slide in crude oil futures
        204 18 Bloomberg ENERGY REPORT LONDON The collapsc of oil futures prices was stemmed yesterday as storms in the North Sea halted crude oil loadings, brokers here said. High winds and waves halted the loading of vessels at the Sullom Voc terminal in
        204 words
      • Article
        Lock icon New York
        85 18 AFP NEW YORK The dollar strengthened against the major currencies here yesterday after wavering briefly in the wake of a surprise report that wholesale prices fell 0.2 per cent in October. Just after 9:40 am, the dollar traded at 1.6860 German marks against 1.6840 on Monday and at
        AFP  -  85 words
      • Article, Illustration
        Untitled
        1618 18 I raJr-Mftghlni imlex caki/laied attains Spore s Mp 14 trading (*irtner\ year 198* US$/S$ forward rates Noon Nov 9 ss Bid Oder 1-monlh I 5890 1.5905 2-month 1.5882 1.5897 3-moMh 1.5873 ***** 6-momh 1 5855 1.5875 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on No* 9: Singapore dollars
        1,618 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end steady, Euroyen firmer
        1291 20 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures finished steady to firm aided by shortcovering ahead of important US inflation data and refunding yesterday. Institutional demand pushed forward contracts higher in line with renewed strength in the longends of the US Treasury market, dealers
        Reuter  -  1,291 words
      • Article
        KL tin edges up despite lower LME
        621 20 COMMODITY REPORTS Tin TIN closed one sen higher at MS 12.01 per kg yesterday on continued demand despite a lower close on the London market overnight, traders said. The market noted opening bids of 70 tonnes against offers of 63. Final turnover was
        621 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Kenya expects maize output to fall
          124 20 NAIROBI Authorities at one of Kenya's largest maize-growing areas say they are expecting a sharp fall in maize production this year because of scarce rains and a deterioration of the quality of available seed maize. A district agricultural officer for TransNzoia in western Kenya
          124 words
        • Article
          Lucky Metals delays decision
          58 20 SEOUL Lucky Metals. South Korea's main copper smelter, is postponing a decision on smelting capacity expansion until early 1994. says a company spokesman. The company, a member of the Lucky-Goldstar Business Group, was to have decided between July and December whether to expand smelting capacity by
          58 words
        • Article
          More grain price protection in China
          77 20 HONGKONG China's central government plans to purchase a greater proportion of grain at state-set. subsidised prices beginning next year, the Xinhua News Agency reported yesterday. The so-called "protected" prices previously applied only to the portion of grain purchased by the state under contracts signed
          77 words
        • Article
          India soymeal exports delayed
          89 20 SINGAPORE Indian soymeal shipments from Bedi Bandhar have slowed during the past two weeks due to a shortage of meal for loading at the northwestern Indian port, according to traders here. The shortage seems to stem from problems in transporting the soymeal to the port in
          89 words
      • Article
        COMMODITY PRICES
        1686 20 Rubber Nov 9 HAS Commodity Exchange (futures closing as at 1pm) RAS (physical prices) RSS 1 Contract (S ccnts/kg) Buyers Sellers Close Volume Open As at 12 noon is ccnts/kg) Month High Low Sett (tonnes) Interest RSS 2 Dec 93 128 00 I29.00N Dcc 93 Jan 94 Feb
        1,686 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1191 21 -3.4 FALLING stock markets in Asia yesterday led to a late Hurry of sales of Australian shares, which closed lower for the sixth consecutive trading day. brokers said. The All Ordinaries index fell 3.4 points from Monday's close to end the day at 2,050.8. The All Industrials index dropped
        1,191 words
      • Article
        Manila
        639 21 -11.39 Philippine share prices slipped for the fourth straight day yesterday since reaching record highs. Analysts said the fnarket seemed to have entered a consolidation phase. The composite price index at the Manila Stock Exchange slipped 11.39 points, or 0.48 per cent, to close at 2.340.07. while the indicator
        639 words
      • Article
        Taipei
        564 21 -23.38 Share prices ended lower for the fifth straight day as persistent profit-taking from their recent rally continued. Brokers said the market's consolidation would last but they did not expect steep falls. The index rebounded slightly at the opening but soon fell again and ended 23.38 points down at
        564 words
      • Article
        Seoul
        432 21 +4.73 Stocks edged up to push the composite index to its highest level since October 1990 in brisk trading as buying interest on large-capitalisation blue- chips gained momentum, brokers said. The index closed 4.73 points higher at a year high of 780.20. The previous 1993 high was 777.25 on
        432 words
      • Article
        New Zealand
        264 21 +43.7 The share market gained 2 per cent after a 6 per cent fall on Monday but brokers were bearish, saying political uncertainty could see sell-ofTs again in coming days. The degree of selling is uncertain and brokers are mixed about whether there could be another fall like
        264 words
      • Article
        Bombay
        63 21 +48.96 Stock prices closed higher on buying by speculators who anticipated a further rise during today's trading session, the last one before the market closes for the Hindu festival of Diwali. brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 2,767.88, up 48.96 from the previous
        63 words
    • WORLD STOCK MARKETS
      • Article
        London
        830 21 18.4 UK stocks rose yesterday, breaking a six-dav succession of declines, after an unexpected drop in US factory gate prices eased concerns over US inflation. Thf FTSE 100 index closed' up 18.4 points at 3.096.0. after rallying from a decline of as much as 5.4 points shortly before the
        830 words
      • Article
        Paris
        102 21 +28.1 French shares rose 1.35 per cent to end above 2,100 points on the CAC-40 index in a recovery from Friday's drop and spurred by fu-tures-led buying. The CAC--40 ended up 28.10 at 2,112.89. Paris Not 9 Fr Xir-Liguide 772.00 2 00 Alcatel *nslhom 743 00 +3 00 Elf-Aquil
        102 words
      • Article
        Stockholm
        124 21 -0.04 pc Shares ended the day mixed with unexpectedly iow US PPI figures pushing shares higher after a morning of decline. The blue-chip top-16 index rose 0.22 per cent to 1.469.19. while the all-share index edged down 0.04 per cent to 1.381.52 in high turnover of 1,381.52 billion crowns.
        124 words
      • Article
        Frankfurt
        225 21 12.02 German stocks rose after the close of the official bourse session as investors were encouraged by the rise in US Treasury bond priccs following the release of bct-ter-than-expected US inflation data, traders said. In the official trading session the DAX closcd up 12.02 points at 2,022.83. The rise
        225 words
      • Article
        Brussels
        151 21 +6.27 The fall in the US producer price index steered Belgian shares to a 0.46 per cent higher close. Dealers said the Brussels bourse may profit further today from the PPI data but said they believed end-of-year position squaring would start soon and keep the market in a consolidation
        151 words
      • Article
        Milan
        169 21 -279 Italian stocks closed sharply lower, pulled down by tumbling telecommunications shares. Traders blamed the steep fall of SIP SpA. STET SpA and Italcable SpA on their apparent exclusion from a proposed venture involving France Telecom. Deutsche Telekom, and American Telegraph Telephone Co to create a European telecom giant.
        169 words
      • Article
        Amsterdam
        250 21 +0.73 Dutch stocks ended mixed, with a higher bias, as shares recovered from their intraday lows. Support from a stronger dollar, higher bond priccs and other European stock markets also helped most Dutch shares gain ground, but traders said volume was small and buyers weren't easy to find. The
        250 words
      • Article
        Zurich
        241 21 +27 Players rushed into Swiss shares after news the US September PPI fell 0.2 per cent pushed Wall Street higher. Roche certificates rose 170 Swiss francs to 5.900 while its bearers added 150 to 10,450. Sandoz and Ci-ba-Geigy were also markedly higher. Nestle gained 13 to 1,173. The broad
        241 words
      • Article
        Johannesburg
        281 21 -17 Shares ended generally softer after the financial rand bounced off its sharply lower levels in afternoon trading. putting pressure on rand share prices. The gold index finished three points down at 1.887 and the industrial index was 17 points off at 4.548. The overall index was 23 points
        281 words
      • Article
        Toronto
        288 21 +26.07 Rallying debt markets pushed stocks higher in brisk early dealings yesterday with all sectors except base metals and pipelines posting gains. The TSE 300 rose 26.07 points to 4.242.52 in turnover of 11.8 million shares valued at CS76 million. Advances led declines 163 to 105, with 200 issues
        288 words
      • Article
        New York
        709 21 11.46 The stock market rose yesterday morning, encouraged by tumbling market interest rates. After one hour of trading. the Dow Jones industrial average was up 11.46 points to 3,659.36 at 10.30 am EST. Volume on the floor of the New York Stock Exchange was 46.84 million shares in
        709 words
      • Article
        Untitled
        570 21 Vienna Not 9 A«h 41 A 1675 IS Bank MnlnalP) NO unch < onsunm IOW 5 Ftughafcn til Irn/ing 105} lobm M6 I 9M«ct-DP If uiKii Nirah* 16*5 5 Vrtuko MS I J*M0 X Source: Bank Austria Aktiengesellchaft Nasdaq No. 8 I SS Adutph C oots Bm»in§ 17 unch \np4e
        570 words
    • Article, Illustration
      Lock icon HONGKONG
      2820 22 Reuter HONGKONG Share prices close weaker as investors turned cautious after Japan's Nikkei average plunged about 500 points or 2.68 per cent yesterday, brokers said. The blue-chip Hang Seng Index eased 89.48 points to finish at 9,088.47 after swinging between a high of 9,273.17 and a low of 9,059.14.
      Reuter; Source: Bridge Info  -  2,820 words
    • Article, Illustration
      CHINA
      444 22 BOTH Shanghai A and B recorded gains yesterday on I thin turnover. Tyre Rubber was most active with 2.3 million shares changing hands. Jinqiao was the biggest gainer with share price rising 3.6 per cent to 57.8 US cents on heavy trading. The Shenzhen A index ended down 30.49
      444 words
    • Article, Illustration
      Lock icon TOKYO
      2544 22 Bloomberg Business News TOKYO Stock prices tumbled 2.68 per cent as investors responded to news of poor company earnings, a continued poor outlook for the Japanese economy and a spreading bribery scandal. The benchmark Nikkei 225 average plunged 499.45 points, or 2.68 per cent, to close at 18,125.71, its
      Bloomberg Business News; Source: Bridge Info  -  2,544 words
    • Article, Illustration
      Lock icon BANGKOK
      1642 22 Reuter BANGKOK Stocks bucked an Asia-wide downward trend to close higher on healthy turnover as investors continued to buy bank, communications and finance counters, brokers said. The index closed up 8.42 points at 1,315.33, with turnover back up to 17.4 billion baht. against 9.55 billion baht on Monday. Losses
      Reuter; Source: Bridge Info  -  1,642 words
    • Article, Illustration
      Lock icon JAKARTA
      1077 22 Reuter JAKARTA Share prices closed mixed in late trading after some investors took profits following a bull run yesterday, dealers said. The official index rose 0.28 points to close at 508.06. "After last week's bull run we expected some profit-taking but foreign investors are still interested in selective bank
      Reuter; Source: Bridge Info  -  1,077 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2222 23 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Asia Pat Ld 50c 11.642.000 Idns Hyd 50c 10.518.000 Vletroplex 50c 10.244.000 Sd Properties 9.541.000 Faber Group 8.713.000 FACB 50c 6.798.000 Lien Hoe 6.626.000 Promet 6.566.000 MBt Hklgs 50c 6.415.000 Lien Hoe TSR97 5.682.000 Reitong Bhd 50c 5.316.000 Kamunting
      Source: Bridge Info  -  2,222 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices surge as buyers return in force
        5563 23 Bernama KUALA LUMPUR Share prices closed higher yesterday on renewed buying support, dealers said. The all-share Emas Index rose 4.46 points to 277.77 and the Composite Index was 16.14 points up at 937.66. The Industrial Index jumped 31.02 points to 1,556.15. Dealers said
        Bernama; Source: Bridge Info  -  5,563 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Nikkei jitters pare early gains
        7992 24  -  By Paul Leo SINGAPORE The local stock market rebounded yesterday morning but a sharp drop in the Japanese stock market in the afternoon quickly pared the gains. The benchmark Straits Times Industrials Index ended 15.5 points down at 2,053.30. It had earlier hit an intra-day
        Source: Bridge Info  -  7,992 words
      • Article, Illustration
        Lock icon Selangor Properties
        72 24  -  Paul Leo SELANGOR Properties has been consolidating between 62 cents and S2.20 since 1987, and was trading near the top of its range yesterday. A break above S2.20 means a rally towards $3.75 in the long term. However, with daily RSI above 75, indicating an overbought condition, the
        SOURCE: BRIDGE INFO  -  72 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      226 9 The Key to Security: a 120-year-old tradition in private banking Mortice key, Nuremberg, late 15th century. The principle on which this key is based is so reliable that it is still in use today, for instance in cash registers. At Swiss Bank Corporation Singapore we insist on regular personal visits
      226 words
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      211 words
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      Page 10 Advertisements Column 2
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      160 words
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      Page 10 Advertisements Column 3
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      91 words
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      Page 11 Advertisements Column 1
      377 11 WITH A Sj£ "Jb H H: 11 MASTERWIN i I A i' I H Enter Master Win now and you hove the chance to win a membership* with the This means of course, the more you spend, the more chances you have of winning. prestigious Singapore Island Country Club. The
      377 words
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      Page 13 Advertisements Column 1
      40 13 H IH I Whilst trying Hp unsuccessfully Ml mm ipllr v IB W pick a mm wKk fljl L safely behind v MPSi iJ! prison j~j and guess who MAKES THE locks i/a him telephone 292 8421 HHHI HI HI
      40 words
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      100 14 1 FA# .ZjjH THE CFC ISSUE You Want Answers V -1-i ■>.-, > > -t i v'*&<,. c*.'' v k 'V 1 ft v; <• I 01 I mm *.1 p F IB v.^ We Have Solutions Trane Capability: Provides efficient environment-friendly solutions Ngee Ann City uses 8 Trane Hermetic
      100 words
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      316 15 But did you cHoom th« 1) Right one (vehicle) 2) Right place (company) 3) Right time? Evershine Investments (8) Pts Ltd gives you access to the wealth of professional Investment expertise and reliable, confidential personalised service. Now is the time to make the right move. On the 11th November 1993
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      82 15 EhS itill Hr MB JJsf H? mm HI la z>B JEi**--; jftr» '91,* r li I J'EjT j HqJ! LITOIOUS APARTMENTS IN THE HEART OF CITY Doorstep to major Shopping Centre and Chinatown Excellent capital growth potential Strong rental demand Brand new with freehold I Satellite TV, SPA, Sauna, Swimming
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      177 16 THE REALLY USEFUL GROUP presents THE CAMERON MACKINTOSH REALLY USEFUL GROUP PRODUCTION Newsweek USA said: I "FIRST AND FOREMOST I CATS IS A SHOW, I FILLED WITH THEATRICAL MAGIC, I BRILLIANT COSTUMES, I MARVELLOUS TUNES, I A SINGING-DANCING CAST THAT I SEEMS TRANSPORTED BY THE I SHEER JOY OF PERFORMING.
      177 words
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      41 16 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74i-1298 Saw an ad of a house that you may like to own? Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. ?n fi VAT l v?« ICLaSML
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      Page 16 Advertisements Column 3
      381 16 b the Matter of (he Compute* Act. Cap SO J. LAURITZEN (ASIA) TO LTD (lacoeporsfcd In Singapore) At an Extraordinary General Meeting or the member* of the abovenamed Company, duty coownrd and be Id at 2S Saokt Anoae PI ad* P.0.80X 2147 DK-1291 Copenhagen K Denmark an 3rd November 1993
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      Page 16 Advertisements Column 4
      378 16 NOTICE NOTICE IS HEREBY GIVEN that, I Yeo Kim Han of 50 Bayshore Rd -*04-03 Aquamarine Tower Singapore 1646, have applied for a 2nd Class Beer House Licence in respect of premises at M/s Trademart Food Court at #01-07 Trademart Singapore, 60 Martin Rd Singapore 0923, and that this application
      378 words
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      237 17 YOU ALREADY KNOW ->■ NORTHWEST s MuHWrk tffIRRHHR FLIES TO MORE I lliliP- HI V Mfl_RV M 4* m H OF THE l|Sii A 1 SAliiiiiiiiiiiiiHi! ill i ■llli aii i ■in,, m niununAA MHpi Hi i IN FACT WE UO I |j||!|| CONSIDERABLY I FURTHER* nHlllli{ l i h;b
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      380 18 BUSINESS T 1 M E S TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 PRIME OPPORTUNITIES FOR A SELECT FEW Our client is a large, dynamic and unmistakably entrepreneurial group of companies with extensive property investment and development in the South East Asia region. To take the company forward into it's next
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      1247 19 ANNOUNCEMENT SINGAPORE TELECOMMUNICATIONS LIMITED {INCORPORATED IN THE REPUBLIC OF SINGAPORE) THE BOARD OF DIRECTORS OF SINGAPORE TELECOMMUNICATIONS LIMITED WISHES TO MAKE THE FOLLOWING ANNOUNCEMENT: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1993 1. UNAUDITED RESULTS 30.9.93 30.9.92 Change 30.9.93 30.9.92 Change SSMillion SSMillion SSMillion SSMillion 1(a) TURNOVER 1,529.5
      1,247 words
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      190 20 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 BUSINESS DEVELOPMENT I EXECUTIVE I for proposed Singapore Office I I A leading US-based shipping company seeks I a creative, energetic and highly motivated I I executive to join its Business Development I I team in Singapore. I The successful candidate will
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      31 20 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Put The Straits Times Classified to work for you today. r»
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  • Page 22 Advertisements
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      83 22 g We re the blue chip choice in graphic design j =5 3C Whether vou re lucrativelv local or going O global, tall the specialists 111 publications 2 design and writing at lei 227 H—' \niuial Repot tv J C orporatc Hk k huro I a UU ll,S EC DESIGN
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      53 23 THE FIRST REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. m CITIBAN<O CREDIT LYONNAIS Call CitiPhone Banking 1 800) 225 5 225 Not Just
      53 words
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      66 24 n Mondial Takes a Shine to Ngee Ann City To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial Now at Ngee Ann City. For all your internationally certified 1 G.I A, H.R.D and 1.G.1 diamonds, J emeralds and other gemstones. NEW SHOWROOM: MonduU Ngee Am*
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  • SPORTS
    • Article, Illustration
      Lock icon Daly can do with some self-discipline, says Faldo
      572 25 Golf Reuter, AP NEW YORK World No 1 Nick Faldo on Monday chided John Daly for a lack of selfdisciplinc that led to the longhitting American being suspended indefinitely by PGA Tour officials. "In golf, the rules and etiquette are wonderfully strict,"
      Reuter,; AP  -  572 words
    • Article, Illustration
      Lock icon A hawk and bull showdown
      38 25 Reuter CHICAGO Atlanta Hawks' Craig Ehlo scrambling between Chicago Bulls' Bill Cartwright (left) and Horace Grant for a loose ball in the first quarter of heir game in Chicago Stadium on Monday. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Big servers under fire again
      829 25 AFP PARIS Andrei Medvedev was white-faced and wiser when he walked ofT court after being beaten by Goran Ivanisevic in the final of the Paris Open at the weekend. The 19-year-old Ukranian, currently world No 8 and tipped by many as a future world No
      AFP  -  829 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        113 25 AP BF.REA, Ohio Bernie Kosar lost a three-year power struggle with coach Bill Belichick and was cut by the Cleveland Browns. The most popular Cleveland player since Jim Brown retired nearly three decades ago. Kosar never fit into Belichick's offence and finally lost his starting job last month
        AP  -  113 words
      • Article, Illustration
        Lock icon Basketball
        331 25 Reuter AFP NYT NEW YORK NBA Monda>: Boston 108 Milwaukee 100; Chicago 106 Atlanta 80; Seattle 101 Utah 100. Standings: Eastern Conference, Atlantic Division (W L Pet GB): New York 2 0 1.000 Orlando 2 0 1.000 Boston 2 1 .667 1-2 Miami 1 1 .500 1 New Jersey
        Reuter; AFP; NYT  -  331 words
      • Article, Illustration
        Lock icon Golf
        86 25 AFP LONDON Fred Couples' victory in the Kapalua International at the weekend boosted him two places to fourth in the latest world rankings. Nick Faldo was first for the 69th week. Rankings: 1 Nick Faldo (Eng) 21.03 pts 2 Greg Norman (Aust) 18.71 3 Bernhard Langer (Gcr) 17.36 4
        AFP  -  86 words
      • Article, Illustration
        Lock icon Ice hockey
        13 25 Reuter NEW YORK NHL Monday NY Rangers 6 Tampa Bay 3.
        Reuter  -  13 words
      • Article, Illustration
        Lock icon Rugby
        72 25 AFP LONDON Phil dc Glanville, the Bath centre who almost lost an eye when raked by a New Zealand forward nine days ago. is included in England's 24-man squad for the Test against the All Blacks on Nov 27. The squad will train this weekend. but as de Glanville
        AFP  -  72 words
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        Lock icon Soccer
        271 25 AFP Bloomberg WASHINGTON A huge majority of US residents do not know the World Cup is being played in their nation next year and woujd not watch a game on TV or in person, according to a poll taken last month. A survey of 1,256 adults taken by the
        AFP; Bloomberg  -  271 words
      • Article, Illustration
        Lock icon Tennis
        224 25 AFP AFP Reuter Reuter ANTWERP, Belgium European Community Championships Ist rd Monday: Javier Sanchez (Spn) b Aaron Krickstein (US) 4-6 6-4 6-4; Marc Goellner (Ger) b Mikael Pcrnfors (Swc) 4-6 6-1 6-2; Nicklas Kulti (Swc) b Wayne Ferrcira (SA) 7-5 6-3; Guillaume Raoux (Fra) b Wally Masur (Aust) 6-3
        AFP; Reuter  -  224 words
      • Article, Illustration
        Lock icon Volleyball
        85 25 AFP SYDNEY Japan qualified for next year's World Championships in Greece with an easy 15-5, 15-3. 15-6 win over Taiwan in a five-na-tion Asia region tournament here on Monday. Japan is unbeaten in three rounds of the five-round qualifier and cannot be denied one of the top two places.
        AFP  -  85 words
  • Page 25 Advertisements
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      384 25 STEAMERS MARmME HOLDINGS UMTTED (Incorporated m the Republic of Singapore) LOST CERTIFICATES Notice s hereby given that the following share certificates have been reported tost Name Certificate No No. Ot ShafW Pua Kian Huat *****6 1 x 500 Koo Tse Chia *****7 1 1.000 HSBC (Singapore) Noms *****4 Ixl.ooo PteLtd
      384 words
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      Page 25 Advertisements Column 2
      106 25 B U SINESS TIMES NOTICES TOLL-FREE TKI. No. 1-600-741-1883 FAX 741-1298 MCHCAPE BERHAD (Incorporated in the Republic ot Singapore) LOST SHARE CERTIFICATE Notice is hereby gweo that share certificate no *****6 covering 4,000 shares m the name ot Citibank Consumer Nominees Pte Ltd has been reported lost, destroyed or mislaid
      106 words
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      Page 25 Advertisements Column 3
      497 25 B NOTICE IS HEREBY GIVEN thai, I, Too Ah Hong of Blk 405, #02-683, Ang Mo Kio Ave 10, Singapore 2056, have applied for a Retail Beer Shop Licence in respect of premises at M/S CONG FATT TRADING at Blk 582, Yio Chu Kang Road, #01 -01, Thomson Grove, Singapore
      497 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      704 26 Nothing Beats A BucLlft^fll OF FULL DRV 1 SEMINAR PACKAGE i at only $45.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For only
      704 words
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      Page 26 Advertisements Column 2
      282 26 I- WHERE TO WINE, DINE AND ENTERTAIN Our Bird's Nest will please your palate as well as your pocket. delicacies to our menu at really IT affordable prices. Whether ifs a Bird's Nest main dish jßp 'I or dessert*, you won't be disappointed. In fact, you'll be equally happy with
      282 words
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      Page 26 Advertisements Column 3
      341 26 THE NEPTUNE. gatkintv THE E^nzmrr:^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm 7* loot Omrm Umam How. Cofrrrr Quay 0104 Td U4J922
      341 words
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  • LIFESTYLE
    • Article, Illustration
      Novelist Dundee
      1295 27  -  Australian author Alex Miller was awarded the Commonwealth Writers Prize last week in Singapore. Harish Mehta talks to the man about his life and work Harish Mehta Tl HERE was a time when a teenaged Alex Miller was a cowboy and rode horses till the cows, sheep and
      1,295 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      318 27 Come enjoy our November Promotion: Plaice,Turbot and Sole Menu From S Nov to 28 Nov, 1993. 39 Boat Quay 538 8200 Scotts Shopping Centre 235 8700 30 Robinson Road 223 4032/3 Happy Hours: 5.30pm till llpm (except Scotts) Functions Catering, call 538 8200 MOtiiPier WHERE EAST EATS WEST genuine taste
      318 words
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      Page 27 Advertisements Column 2
      28 27 f FRATINI Opening Hours Lunch 12 noon 2.30 pm Dinner: 6pm -12 midnight (Close on Sunday) 51 Nell Road #01-22 Singapore 0208 Tel: 323 2088 Fax: 323 0334
      28 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      1244 27 TV RADIO The Untouchables. In the wooden I y up- right Elliot Ness takes on mon- ImJ strously Capone (Robert a basebat). Sean Connery does a good job as cop who teaches Ness how to Palma 9.30pm, SBC dangerous for to many people know the coral reef is just one
      1,244 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      No written script in politics
      1082 28  -  Change in India FACE TO FACE Nirmal Ghosh spoke to India's Human Resources Development Minister Arjun Singh recently in New Delhi Nirmal Ghosh QWhat strategy will the Congress (I) adopt during the local legislative assembly elections this month? What issues will the party take a
      1,082 words
    • Article, Illustration
      No time to lose to remove economic roadblocks
      1077 28  -  Special to BT ISHER JUDGE AHLUWALIA ISHER JUDGE AHLUWALIA The writer, currently a research professor at the Centre for Policy Research in New Delhi, has long advocated industrial policy reform, and is the author of several books on the Indian economy u
      1,077 words
    • Article, Illustration
      Bhutto's cup of troubles
      1254 29  -  Special to BT Change in Pakistan IDREES BAKHTIAR IDREES BAKHTIAR The writer is chief correspondent of the Karachi-based monthly Herald THE OCTOBER 1993 general elections have ushered in the same sort of highly unstable government that was elected in 1988 and dismissed less than two years
      1,254 words
    • Article, Illustration
      Easier investment climate opens up opportunities for foreigners
      1052 29  -  Special to BT ZAHID ZAHEER ZAHID ZAHEER The writer is the secretary-general of Pakistan's Overseas Investors Chamber of Commerce and Industry, and serves on the governing body of the Management Association of Pakistan. The views expressed are his own, not necessarily the
      1,052 words
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  • Article
    A leisurely recovery
    526 30 jf KDfTORIAL UNITED STATES Treasury Secretary Lloyd Bentsen is so confident that interest rates will stay low that he recently refinanced his home with an adjustable rate mortgage. Mr Bentsen mentioned the deal to explain why he believes the US economy is rebounding. But financial markets are
    526 words
  • WHAT THE OTHERS SAY
    • Article
      Watch it, greenhorn
      300 30 THE STRAITS TIMES Industrials Index plunged 55.13 points last Friday, a loss of about 2.5 per cent in the value of its component stocks. It was the worst showing in more than two years. What are the more than half a million first-time investors who accepted the
      300 words
    • Article
      Greening our culture
      161 30 SINGAPORE'S tree planting should now be part of our tradition. It goes back to 1963 when it was initiated by the then PM Mr Lee Kuan Yew who planted a tree during a downpour. Singaporeans should ask themselves how much they really care about the environment. Some
      161 words
    • Article
      The environmental link
      198 30 THE INTRICATE LINK that exists between the environment and each person must be made known if environmental protection is to be effectively promoted in such a pragmatic nation as Singapore. Let the person know that he or she will get to share some merits if he acts
      198 words
    • Article
      The will to govern firmly
      204 30 MANY WESTERN ECONOMIES arc not only trapped in recession or emerging into tentative, low-growth recoveries they also have traditionally enjoyed cosy arrangements which protected their industries and their workers. Cosy, that is, until it became clear in the 1980s that their economies could not compete
      204 words
    • Article
      Eradicate child pornography
      158 30 CHILD PROSTITUTION once again made headlines last week, with the arrest of four Thais who allegedly provided a French tourist with two young girls aged eight and 12. Obviously, the government of Prime Minister Chuan Leekpai should bear the responsibility for not clamping down on child prostitution
      158 words
  • Article, Illustration
    Lock icon A tiny glimmer of greater openness
    808 30  -  The West may be wary of North Korea's intentions. But while on a visit to Pyongyang, James Pringle discovers that the situation there tells a somewhat different story James Pringle The writer, a Bangkok-based correspondent of The Times in London; contributed this comment to
    IHT  -  808 words
  • Page 30 Advertisements
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      115 30 v Jy >fl SHADES OF AUTUMN (25 Oct 21 Nov) Trader Vic's celebrates the splendour of Autumn with an alluring set dinner. We call it "Shades of Autumn" and it boasts the likes of Wild Boar Terrine with Walnuts and Medallion of Venison with Redcurrant Sauce. And the golden moments
      115 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      83 30 fyou lopvnt MeTo\ rm 'Me. House journal oFeN UP f ofeJ) &?.gak jHe door lis not our until "rwe gmd of J v »moa>i«—iiwm.ii>iw ftcinDOONESBURY GARRY TRUDEAU B00P5€!IM SORRY, I OF COURSE, ITS NOT REALLY WHAT HAP- SiP. THE I MAUOUS I VPS; ISIT* THeCHAPfiRRAL HEY, PfPNT PENEPfYOLR HOUSeU&S® ONRRE
      83 words
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  • ANALYSIS
    • Article, Illustration
      Old bonds made new
      1605 31  -  Hongkong Correspondent Catherine Ong looks at whether the dragon bond market is suffering from an identity crisis Catherine Ong ASIAN dollar bond reincarnated or Eurobond in disguise? Some two years after its creation, the dragon bond market appears to be suffering an identity crisis. A flurry
      1,605 words
    • Article
      Hongkong wins key role in regional dragon bond market
      760 31 Hongkong appears to have stolen the march over Singapore in winning a key role in the emerging regional dragon bond market despite the Republic's lead in managing and syndicating Asian dollar bonds in the 1970s and 1980s. Hongkong-based banks like Lehman
      760 words
  • Page 31 Advertisements
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      13 31 To advertise your APPOINTMENTS NOTICE ADS CALL OUR SALES SERVICE Toll-free "2 1-800-741-1883
      13 words
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      Page 31 Advertisements Column 2
      114 31 This announcement appears as a nutter of record only. NKW ISSUE XovemlxT. IWJ 1 w I m£s w| uKkja Konungariket Sveriges stadshypotekskassa (Urban Mortgage Bank of Sweden) (A body corporate c reateti under (be laws of the Kingdom of Suvden) I an 1? X, t- -v'' I' 1 U. 5.5500,000,000
      114 words
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  • Article, Illustration
    Lock icon US should sign Gatt deal even if Nafta fails: Sutherland
    527 32 AFP. Reuter PARIS World trade chief Peter Sutherland yesterday said that even if the North American Free Trade Agreement (Nafta) failed, the United States should sign a world trade agreement anyway. The director-general of the General Agreement on Tariffs and
    AFP.; Reuter  -  527 words
  • Article
    Lock icon US Producer Price Index posts unexpected 0.2pc fall
    432 32 AP, Reuter WASHINGTON Prices paid to producers unexpectedly declined 0.2 per cent in October, pulled down largely by a peculiarity in the way the US government calculates new car prices at the start of a model year. Economists had been expecting a
    AP,; Reuter  -  432 words
  • Article
    Lock icon Gore, Perot poised to slug it out in TV debate over Nafta
    298 32 Reuter, NYT WASHINGTON US VicePresident Al Gore and political maverick Ross Perot were set to fight it out verbally last night in a television debate that could spell life or death for the North American Free Trade Agreement.
    Reuter,; NYT  -  298 words
  • Article
    Lock icon Brent crude hits three-year low
    301 32 AFP, Bloomberg Business News LONDON The price of Brent North Sea oil fell to USS 15.39 a barrel yesterday, the lowest pricc since July 1990, brokers said. Brent is the reference oil for North Sea priccs. The pricc for December delivery fell from USS 15.58
    AFP,; Bloomberg Business News  -  301 words
  • Article
    Lock icon Managers' pay varies widely across Europe: survey
    276 32 Reutcr LONDON Senior managers' pay across Europe shows huge disparities, with Germans enjoying 80 per cent more buying power than the European Community's lowest earners, even after cost of living adjustments. The latest survey by the independent London-based Employment Conditions Abroad, to be
    Reutcr  -  276 words
  • Article, Illustration
    Some states may just be too rotten for reform
    802 32  -  The Bottom Line KEVIN SULLIVAN KEVIN SULLIVAN The writer is a BT journalist ITALY'S President Oscar Luigi Seal faro defended himself against corruption charges in a dramatic television broadcast last week. He said he had not been bribed to the tune
    802 words
  • Article, Illustration
    Lock icon Cardin blasts Indonesia's copyright laws
    276 32 Reuter JAKARTA French designer Pierre Cardin yesterday blasted Indonesia's copyright laws, declaring that they provided no protection. The Antara news agency quoted him as saying: "My human rights as a designer have not been protected in Indonesia." Mr Cardin's labels are the subject of a
    Reuter  -  276 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      194 32 The Nikkei weekiy How to make It big In Business Tel: 336-4122 Fax:336-4016 PRIME RESIDENTIAL SITE AT ZION CLOSE/KELLOCK ROAD IN DISTRICT 10 For Sale By Tender > M «>»• I V\ if 1 i r V \is3-' VOHG *NN A /ik Vsn v\ \K pboposctyoS, >\V# GKAT WOfflD Tj*£3|Bm
      194 words
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      Page 32 Advertisements Column 2
      4 32 Energy report, Pg 18
      4 words
    • Advertisement
      Page 32 Advertisements Column 3
      50 32 JAPAN ECONOMIC AiJHANAC The most comprehensive annual business review Tab 336-4122 Fax:336-4016 Most businessmen have discovered comprehensive flight schedules a new way to fly. Pr jj fly bynie ikK>k ESS Pocket Flight Guide For a free copy, can Official Airline Guide* Singapore Tel: (45) 737 8533 Fax: (45) 737 8593
      50 words
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  • Shipping Times
    • Article
      Japanese carrier NYK posts lacklustre interim results
      386 33  -  By Rahita Elias SINGAPORE Japanese mega carrier Nippon Yusen Kaisha has turned in a poor set of half-time results. For the six months to Sep 30, group turnover was down about 10 per cent to 268.3 billion yen (553.9 billion) from 299.1 billion
      386 words
    • Article
      PSA chief urges better attitude towards training
      350 33  -  By Dexter Lee SINGAPORE Hongkongers who want to upgrade themselves dig into their pockets to pay for training. Some Singaporeans, on the other hand, resist training even when it is paid for. The difference is one of attitude, Port of Singapore Authority executive
      350 words
    • Article, Illustration
      Lock icon Greenpeace in nuclear dumping protest
      34 33 Reuter LONDON Greenpeace activists displaying a huge banner under Lambeth Bridge near the International Maritime Organisation building on Monday to protest against nuclear waste being dumped at sea. Reuter
      Reuter  -  34 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1123 33 Page Col ABC Containerline 12 I Accord Group 8 1-3 Africa Container 16 I Ahrenkicl Liner 4 1/2 Alpha Feeders 18 1/2 Alprimo Freight 16 I ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 3 •ASCL 5 5 ASXCL
      1,123 words
    • Article
      Lock icon Intermodal traffic booms in Baltimore
      606 33 ICTF handled 60pc more containers and trailers last year International Transport Journal BALTIMORE Intermodal traffic in Baltimore is booming, especially since the opening of the Intermodal Container Transfer Facility (ICTF) at Seagirt Marine Terminal in 1988. Operated by CSX Intermodal, ICTF handled 136,624 containers and
      International Transport Journal  -  606 words
    • Article
      Lock icon No clear pattern in direction of freight market
      257 33 Knight-Ridder NEW YORK The recovery of freight levels on the US Gulf/Japan grain route seems to have left some brokers wondering where the market is going next as no clear pattern emerged on Monday, but brokers thought there were at least six
      Knight-Ridder  -  257 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        599 34 VtSMi Voy No Berth Armal Departure Veiiel Voy Wo Berth Arrival Departure J Wong Port Batam SC*«J4 ****** P01A 0911/2030 0911/2300 Bat Fu No 101 JU alongside 1011/2300 Batam Sp«d4 *****" POM *****000 1011/2300 Satam Mad m II alongside 1011/2000 But Sena 221 P10 1011/0600 11.11/0500 CM
        599 words
      • Article
        CONTAINER SCHEDULES
        1375 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Riits Ship Voy No Etb/Btr Period From To From Ad Row 0468 12/2000 3 10/0700 10/1159 10/1400 4 10/1200 10/1459 10/1700 to Swn 091A 10/1500 1 09/1500 09/1669 09/1900 Mh
        1,375 words
    • Article
      THE SHIPPING GUIDE
      11046 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,046 words
    • Article
      DAILY FREIGHTS
      1270 49 THE BALTIC Freight Index for spot dry cargo shipping rates rose to 1.318 on Monday from 1,311 on Nov 5. Trading on the key US grain routes has been generally limited in a slow start to the week, brokers said. The rate for a modern vessel lifting a
      1,270 words
    • Article, Illustration
      Lock icon Lim family takes the plunge despite the odds
      987 50 Lim Goh Tong has spent US$25O million of his own money to bring two passenger ships to Singapore. Will his effort succeed while others have failed? Fairplay IF EVER a man looked happy it was Lim Goh Tong at the recent arrival
      Fairplay  -  987 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Northwest's gambling request gets cool response in Congress
        522 52 Reuter, AP, Bloomberg Business News WASHINGTON A bid by Northwest Airlines Inc for legislation to allow gambling on overseas flights to compete with Asian and European carriers received a cool response on Monday from a key congressional leader. Northwest senior vice-presi-dent Richard
        Reuter,; AP,; Bloomberg Business News  -  522 words
      • Article
        Lock icon IBM unit appointed Southern Pacific Rail's information manager
        354 52 NYT NEW YORK Southern Pacific Rail Corp, the sixth largest freight railroad in the US, said on Monday that it would tum over much of its informa-tion-processing operations to a unit of IBM. The companies said that under the deal, the first
        NYT  -  354 words
      • Article
        Lock icon Persian Gulf a gold mine for struggling aircraft makers
        442 52 AP DUBAI, United Arab Emirates For the world's troubled aircraft manufacturers, the oilrich Persian Gulf region is a real gold mine. Faccd with a shrinking military market in the post-Cold War era and a commercial sector plagued by recession, the industry's
        AP  -  442 words
      • Article
        Lock icon Toyota shares soar on better sales outlook
        522 52 NYT TOKYO At a time when the company might suffer the first operating loss in its history, the stock of Toyota Motor Corp has nonetheless started to break away from the pack. Toyota shares, traded on the Tokyo stock exchange, rose from 1,690
        NYT  -  522 words
      • LOG BOOK
        • Article
          Lock icon US threatens to cut Chile flights
          71 52 Reuter WASHINGTON The US Department of Transport may cut flights by Chilean airlines to the US in retaliation for Chile preventing American Airlines from adding flights between the countries. Chile was violating a bilateral aviation agreement, the department said on Monday. It asked that
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          Lock icon Desert vroom
          53 52 Reuter ALICE SPRINGS, Australia Switzerland's Spirit of Biel motoring along at Tcnnant Creek on Monday on the second leg of the World Solar Challenge car race. The 52 cars from 14 countries began the contest in Darwin on Sunday and will race across central Australia to Adelaide in
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          Lock icon Chile shipping concern rated BBB
          40 52 Reuter SANTIAGO Chile shipping concern SudAmcricana de Vaporcs (CSAV) has been rated 888 by the US rating agency Standard Poor's, CSAV said on Monday. The rating will cover its planned international placement of bonds. Reuter
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          Lock icon GM's Saturn resumes truck shipments
          56 52 Bloomberg Business News SPRING HILL, Tennesse General Motors Corp's Saturn subsidiary resumed truck shipments of finished cars on Monday, following the end of an eight-day strike by about 85 truck transport workers. About 4,500 finished cars were stockpiled at Saturn's manufacturing complex here, company spokesman
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          Lock icon Lufthansa turns in profit in 3rd quarter
          53 52 Bloomberg Business News HAMBURG, Germany State-owned carrier Deutsche Lufthansa AG earned 145 million dcutschcmarks (SSI36 million) pre-tax in the third quarter of 1993, after a pre-tax loss of 221 million marks in the first half, German news magazine Der Spiegel reported on Monday.
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        Lock icon American Airlines attendants plan Nov 18 walkout
        219 52 AP NEW YORK Accusing the Clinton administration of enhancing American Airlines' capacity to break a strike, the union representing the airline's 21,000 flight attendants on Monday moved up the date for a walkout at the nation's largest airline to Nov 18. Union spokesman
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1379 52 ctty jj|j ETA nm HP Mrtljjte SQ227 2030 Amsterdam KL831 1030 SQ324 2230 GA895 1450 KL832 2335 Athens SQ347 1730 Auckland NZ21 1710 NZ22 1840 SQ285 2045 Bahrain Gf 148 0650 B Serf Begawan BI421 1105 SQ182 0915 SQ181 1410 B1422 1205 B1429 2030 BI430 2125
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      20 33 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Lim family takes the plunge, Pg 18 Northwest's gambling request, Back Pg
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      28 33 Lints and sorvtcos roprosontod by /tt&ifercv Monitors of tho Registry «f Accroditod Stripping Agsnts, Slnppors National Strip- uXaMj) plug Association. for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      32 33 VISA FREIGHT SERVICES PTE LTD THE TOTAL TRANSPORTATION PEOPLE 1800- *****66 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. V SINGAPORE* Business Times WEKWASU
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      443 34 14 T "fmTp Tel: 226-3363 J. IJl\r. F 226-1972/3 Tlx: RS *****/TSKSJN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I ACxTbT 0466 **0811 "1011 Mil 1211" lfn UUI 23JL1 23J1 'flUl all"" HKAWA I 0356 10.11 *1211 12.11 16.11 2111 22.11 2111 2111 27.11 2111 C. LUNA II 1741 2UI
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      1459 34 TO <r wjScT" j na^ g^ "rP?f^s*iw^s^vS'sSwyf^SjST| jkxh; jy|aww|rwt! CAIIFOMW PEGASUS| 17 111 7711 nil I 112 I 717 130 11 3011 I U7 112 412 OCEANUS TORYO V32'544 111 2211 2111 2911 130 11 212 312 412 512 2111 212 CALIFORNIA LUNA 61 1/***** 412 112 012 I 112
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      2321 35 rr o r ?E 0 L CL 32 3 S 33^iI D 22n9 R 4 0 2 NE BH,PHNO ACENC EB PET I^^3^^776'FAX"M-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T^ 1 4 44 F X J?^'' FS TEL: 349 6 BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL *****3/4IF/tt W2706 CPS (PSA
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      1877 35 ■nuTCTima U. S. A. /CANADA NEXT AVAILABLE SAILINGS SL VOYAGER V.204E ETA SIN 15TH NOVEMBER 1993 MC-KINNEY MAERSK V.9310 ETA SIN 16TH NOVEMBER 1993 LUNA MAERSK V.9318 ETA SIN 17TH NOVEMBER 1993 vmni voy ETA ETO Feeder by 4 DESTINATIONS TN« «Mt MC-KINNEY MAERSK »3io klUaWffifHWaWTligWWnTWinwaßWraHiaWWn!—« cv w/n 0800 mrs
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      1602 36 AQABA R OAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H'BURG A WERP HAVRE WEST MALAYSIA KAGA 32/144 10/11 27/11 30/11 28/11 Port Kelartg. Penang LUDWIGSHAFEN EXPRESS 10/344 13/11 22/11 28/11 1/12 4/12 6/12 8/12 Pasir Gudang NYK 01/145 17/11 2 7/12 5/12 A
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      552 36 f FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for ail services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocwrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ETA SIN NED ASIA V
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      Page 36 Advertisements Column 3
      1237 36 I NORASIA I I" VSL/VOY SIN ALG ARABIAN SEA 343* 11/11 01/12 04/12 05/12 05/12 06/12 07/12 08/12 OS/12 10/12 I CHINA SEA 344W 18/11 08/12 11/12 12/12 12/12 13/12 14/12 15/12 16/12 17/12 I NORASIA AL-MUNTAZAH 9345-3 25/11 15/12 18/12 19/12 19/12 20/12 21/12 22/12 23/12 24/12.1 NORASIA SAMANTHA
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      1585 37 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 fcJJ.ItiMAIiIsMtIIIIJJmiWBI.JIUIJM bfc&s MEW GUINEA PACIFIC UNi" jgwßp <a SERVICE of CHINA naviqadon CO> CARGO DUE SAR.S Omlm STRAITS VENTURE V27E Muara. lab MPT 10 No. FCL. LCL COMT AIMER ANO BREAK BULK
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      Page 37 Advertisements Column 2
      2427 37 SINGAPORE AGENT: 13&rT% aJmP&O Containers (Singapore Agencies) Pte Ltd W I 4XV/ jlll I L/i 1 1 ill 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 ■PIW- PPil TeJ: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VO* *PWG -PKO SW
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      567 38 p A <■ r GENERAL AGENT C H NO *****81-OOOOD i|K EKA JAYA AGENCIES >3l|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE SZMYANMAH TRAPt PASER IhAWPfHQHt/PtfttCT 11 WILLIAM WEE N,S, TAW/MAWj WPS HO CHI MtNH CITY THADC HEMHY HOC 21*0*24 WJK.KOHC TMCTViMIM KELVIN CHAN 21WIM MM722/MM2W TO
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      Page 38 Advertisements Column 2
      1687 38 OHANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****40-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FD* VS. SN IK HAUL StA POJ TDK VSI S* IK HAUL SAV KM NYC HANJM ROTTERDAM 0241 11/11 WKCT 2/12 4/12 HAWW ROTTERDAM 024t 11/11 H. MM MX 1«/12 17/12 IS/12 HANJM FELIXSTOWE 019E 18/11
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      Page 38 Advertisements Column 3
      1440 38 1d I ImwKKwtucras mt o» hct mb rro lu cms km rtcuw h n nr ik nt a is I (GHKKOSI U/U M/U 17/11 20/11 22/11 23/11 25/11 a/11 20/11 27/11 1/12 21/12 71/12 24/12 4/1 1/1 i/1 7/1 t/1 11/1 a/1 1/2 1/2 1 GUMO 8045 U/U 17/U 22/11
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      2298 39 PLEASE CALL II H II NEPTUNELINK (1800 *****00 TOLL-FREE) II II FOR THE FOLLOWING INFORMATION: HI H f U VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ H M FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ HI AVAILABILITY OF DOCUMENTS FOR COLLECTION ■■J \EXPoR^oiP^rPHWSlNQAnßeCAlSoßNlAS^!n(9C^^^^^^^^^^^^^^^^^^^^_____ VESSEL VOY i&fr LOS OAK VAN >tT I ATI CCC CLE (l-B
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      Page 39 Advertisements Column 2
      1126 39 m sinsov SINGAPORE SOVIET SWPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
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      Page 40 Advertisements Column 1
      1587 40 44 AS AGENTS LINE (SINGAPORE) PTE LTD (CR No: *****73t1000M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I T T IkT MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD I B B TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 A INDONESIA: P.T. SARANA LAUTINTERNUSA, TEL: JKT *****08
      1,587 words
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      Page 40 Advertisements Column 2
      1033 40 (tr¥Xfl£ PHIU-ORKNT LINGS PU UP V" 108 Robinson Road #07-00 GMQ Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER 0F THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 11 NOV SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 11 NOV AUCKLAND, WELLINGTON. LYTTLETON, NEW PLYMOUTH, NAPIER, CHRISTCHURCH
      1,033 words
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      Page 41 Advertisements Column 1
      1031 41 f PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I I C R NO: **********06 J VQSSjIZfI VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SINO MARINE 21N 13/11 18/11 M/ 11 MAJAPAWT 3561 14/11 17/11 21/11 SINO MARINE 21N 13/11
      1,031 words
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      Page 41 Advertisements Column 2
      1445 41 VESSELS DOT SPORE HAMBURG >01 It TOM* ANTWERP THAMES It HMB Vt.lt DC TITANA S33OW 12/11 M l? 11/1? 12/1? 13/1? 14/1? ADAM >W*HW 7131W 24/11 U/l? 20/12 21/12 22/12 24/12 MED MARSERLES M3IW 01/12 25/12 27/12 2»/12 till 2 31/12 HANSA CARRER 7331W 10/12 02/01 04/01 05/01 (X 01
      1,445 words
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      Page 41 Advertisements Column 3
      412 41 BSA it mm MYANMA PfeWk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKIf Pen P Gdf TAUNGGYI V473W 17/18 Nov PAGAN V?0?W 20/23 No* MERGUI VI2IW 24/25 No* HPA AN VI97M Ob 08 Ooc MALAYSIA AGENTS 00USTEAD SMTfUG AttNCfS Mi Til 03 *****00 Ml TEL 03
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      Page 43 Advertisements Column 1
      86 43 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      86 words
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      2641 44 k Full Container Liner Services Mslaysu's Agents: Indonesia's Agents: General Agents: Booking Agents: Gun Gum Shining Sin Bhd Chung Ckioe Shipping Sin Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd sjm*m» rmght B-ung c**tn mm ss Pomaraa mm m 134, m near, n. it. t. Juoaa 111/23 d-e
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      Page 45 Advertisements Column 1
      590 45 FAMOUS CONTAINER LINES 10 ANSON RD. ft 15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 15/TI ROTTERDAM 15/11 /MRHUS/COPENHAGEN 15/TI HAMBURG/BREMEN 15/tl MARSEILLE/FRANCE 14/tl FELIXSTOWE/UK 15/tl BARCELONA/SPAIN 11/11 LEHAVRE/FRANCE 15/TI GENOA/ITALY 13/11 ANTWERP/BELGIUM 15/TI LOS ANGELES/WC/IPI 14/TI SYDNEY/MELBOURNE 12/11 NEW YORK/EC TI/TI FREMANTLE/ADELAIDE 12/TI VANCOUVER 12/11
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      Page 45 Advertisements Column 2
      1710 45 I vessel I vessel voy si»T pen 1 11 1 BHUM »1» 1 B. SEROJA Fri I 12/11 Sat 113/11 P|IVE»S€L VOY SN__ BKK CHAIYA BHUM 25S Fri 12/11 Tu«_ *T 12/11 Tu* IS/11 K| MAHABHUM I«3W W»d 10/11 Sal 13/11 ■HATHA BHUM 038 Sun 13/11 W*d 17/11 1 ro|UM
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      Page 46 Advertisements Column 1
      1584 46 IkAAMN 66NTAINER LINES I ZNS/VvlAflerits: MAC-NELB SPORE: *****82 (24 LINES) KZ)\y X nII HIII TIIT— SIBU (064) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 j P.KELANGk (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I I HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK
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      Page 46 Advertisements Column 2
      168 46 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ETA n* EH STOK TOUT KfIANC rtMNG H.UI MK m Pt/IM 12/11 loJdi(>| lor Mbit RUVN HUDMU 20/11 Osthjrpng ind Lo*kng tof Boater DOLMN 19/11 lortnf Fo» Maw nONQK sum* 16/11 lo*kn( For *W< UMCDH 12/11 Loadiit For rtoottss inn
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      Page 46 Advertisements Column 3
      1010 46 f £> THONG SOON LINES PTE LTD 1 I /\V\ 78 SHENTOH WAY #10-01, SINGAPORE 0207 I v/v/ TEL: 227-5088 FAX: 227-6011 I I 1 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL Ivor IS'POtt 1 PEST ~KSSEL VOY S PORE PEST I EQUATOR
      1,010 words
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      Page 47 Advertisements Column 1
      698 47 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING MEAKBU.K SOC CMGOCS TO/FROM KOK. YOKOHAMA. NAGOYA. KOI. TOKYO*. MAIM.A* OAVAO*. Penanj* P. Kelanj Singapore E'Msia* KAMALEVERETT VISE 19-20 No* 21-22 No* KARAHEVERETT VI4E 01/02 Dec IVYEVERETT V7E 27/28 Dec 29/30 Dec ACCEPTWG BKAKOU.K FCI SOC CARGOiS TO/FROM CMTTAGONG. CALCUTTA AM) MONGLA*.
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      Page 47 Advertisements Column 2
      336 47 iat a.owY tmmim group REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN IX 18/11 20/11 23/11 3/12 TIMBER ROYAL 7/11 9/11 SP PKL HCM HK KAO GLORY SELATAN VII 20/11 23/11 28/11 30/11 •ALSO
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      Page 47 Advertisements Column 3
      573 47 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE WOT SIN KARACHI SAfiGOOHA 136-HW 20/11 5/12 jjjjjjjjj 143 HW 10/12 20/12 Ba AW 130HW H/12 21/12 HTOHABAD 124-HW 21/12 9/01 FAR EAST CONTAINER SERVICE ONLY VESSEL "sji"""" HKG NAG YOU BCK.AN 135 0W 16/11 20/11 24/11 26/11 21/11 30/11
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      Page 47 Advertisements Column 4
      517 47 NUBM FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P.ELIZABETH SIN HOASHONHE V4B/49 19/11 S/12 8/12 26/12 HUAQINGHE V4S/49 4/12 20/12 23/12 11/1 ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO LCL CONSOL SIN TO DURBAN/ P. ELIZABETH SIN TO MADRAS VESSEL SIN
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      Page 47 Advertisements Column 5
      255 47 SIN FAR EAST 16/11 KEELUNG/KAOHSIUNG 14/11 BANGKOK 14/11 MANILA/CEBU 14/11 JAKARTA/BELAWAN/SURABAYA 15/11 PORT KELANG/PENANG/E. MALAYSIA 14/11 BUSAN 14/11 TOKYO/YOKO/KOBE/NGO/OSA 14/11 HONG KONG S|N CHINA 14/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN SHAN GHAI XIN GANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SHI EUROPE/UK 15/11 LDN/FLX/LVP/SOU 15/11 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech.
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      Page 48 Advertisements Column 1
      743 48 HONG KONG/CHINA 14/11 JAKARTA 14/11 BANGKOK 14/11 MANILA 14/11 BUSAN 14/11 KEELUN6 16/11 TOKYO/KOBE 14/11 KAOSHIUNG 13/11 PORT KELANG/PENAN6 15/11 YOKOHAMA 13/11 COLOMBO 14/11 FELIXSTOWE/HAMBUR6 15/11 CHITTA6ON6/MADRAS 14/11 ROTTEROAN/LE HARVE/ANTWERP 15/11 BOMBAY/KARACHI 15/11 BARCELONA. MARSEILLES. 6ENOA 14/11 LAX/NYC 14/11 SYDNEY/MELBOURNE 11/11 CMT LINER EXPRESS AGENCIES PTE LTD (f3iH| HOT-LINE 22-007-22
      743 words
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      Page 48 Advertisements Column 2
      314 48 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 14TH NOVEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 12 NOV PORT KELANG 12 NOV JAKARTA 14 NOV BANGKOK 13 NOV SURABAYA 16 NOV HONGKONG 14 NOV KEELUNG 16 NOV FREMANTLE NOV MELBOURNE 14 NOV SYDNEY 14 NOV BRISBANE 14 NOV I
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      Page 48 Advertisements Column 3
      347 48 This Week's Sailings Singapore I To: ETD II To! ETD F,^sia°a™ arded N Singapore Singapore iso BY lrqa EVERY EVERY Bangkok SUN Jakarta SUN yjjK EVERY EVERY Manila SUN Ho Chi \linh FRI S)| J EVERY EVERY J Colombo TUE Limassol THUR LJg-ll .< INTERNATIONAL SEA FREIGHT FORWARDING MM Tel:
      347 words
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      Page 48 Advertisements Column 4
      113 48 g NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/N AGOY A/KAOSHIUNG/. C HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart
      113 words
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      Page 49 Advertisements Column 1
      1180 49 I CRYSTAL FREIGHT SERVICES PTE LTD 5988 *****88 I MUM wro I w mmw/Mwm* I tnwt BUS*N OK 16/11 ADELAIDE 0 14/11 FELIXSTOWE 13/11 SntrKnwr BRISBANE 18/11 HAMBURG 16/11 7°N Q KON g 13/11 FREMANTLE 14/11 ROTTERDAM 16/11 SURABAYA 6/1 MELBOURNE 14/11 5S IS!!! S¥ONEV ,4/ KAOHSIUNG 13/11 1 KOBE
      1,180 words
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      Page 49 Advertisements Column 2
      234 49 37 CINZA ORIENT SHIPPING CO, SA. (GOSCO LINE) VESSEL VOY SIN YANOON GINZA ORIENT 04/N 20 22 NOV 2627 NOV L. STAR OS/N 18 20 NOV 23-28 NOV 6. STAR 08/N 22 2S NOV 27 30 NOV FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DEEPSEA SERVICE VESSEL VOY SIN ANTWERP
      234 words
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      Page 49 Advertisements Column 3
      267 49 LINE SEMI-CONTAINERISED SERVICE EASTBOUND PORTS VOY BUENOS MONTEVIOEO DURBAN JAKARTA SMOAPORE HONG KONO KAGOSMMA YOKONARIA VESSELS AWES'" N. KRUPSKAYA EBOI SAILED SAILED SAILED SMFD SAAED SAILED DO/SS OCKABRIST EBO3 IAUD SAILED 29/10 12-16/11 21/11 2S/11-02/12 04/12 PRWZERSK EBO4 04-11/11 12/11 26-26/11 ID 11/12 18/12 20-29/12 31/12 PAVLOGRAD EBOS 16-26/11 27/11
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      128 49 LEGEND: R Temperature °p A\ Thunderstorm Weother Wind direction with speed in knot* Shower Rain Wave height Cloudy Sky Surface winds ore mdicoted by arrows which Hy with the wind 0 One full circle represents calm or light and variable wmds J— One holf Heche represent* 5 knots L_ One
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      Page 49 Miscellaneous Column 2
      173 49 TODAY'S TIDES (hejflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0600 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1)00 2000 2100 2200 2300 ft 1.1 0) 09 1.0 1.2 1.6 2.0 2.4 2.5 2.4 2.2 1.1 1.5 1.2 1.0 1.0 1.2 1.5 1.9
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      711 50 5 VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA I "VIGOUR SINGAPORE 66N8 12/11/93 20/11/93 _j VIGOUR SINGAPORE 66ANB 15/11/93 20/11. 93 LOADING EVERY VIGOUR PACFIC 31NB 19/11/93 27/11/93 fKIMT UmM VIGOUR PACHC 31ANB JIAHe ruLL efUrAwlgffttEtiVPT VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR MINDANAO 9331N8 12/11/93 14/11 93 16/11/93
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      Page 50 Advertisements Column 2
      355 50 ®APPENSHIP HAMBURG V#V CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING POUTS DISCHARGE LOADMG FOR MRA 111 HAMBURG 07.10 93 SPORE 15/11. BKK 22/11 KANM ANTWERP 02 10 93 SPORE 14/11 PUMA 27.10.93 SPORE 24/11, BKK 1/12 KOALA CONTAINER LINE STORE FIX HAM
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      Page 50 Advertisements Column 3
      417 50 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE ,t< J VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/11 20/11 Huangpu/Guangzhou K COSCO FUU. CONTAINER SERVICES (FCL/FCL) EXPORT TO: k CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL I WEST MEDITERRANEAN AUSTRALIA US WEST COAST 1
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      886 51 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA PKE PGP VESSELS VOY_ SIN RTM Mff* LEH* HAM BRE| PP. NORASIA MALACCA 9332 A 10/11 11/11 12/11 H. EXPLORER 308W 15/11 03/12 03/12 04/12 05/12 05/12 07/12 MM ADVANCE 31A 17/11 18/11 19/11 H.
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      468 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO 4 HEAVY LIFTS IMBOIIIID VESSELS ns»i .wi n uc u IRAK ATO 12 11/11 SU w 11/u MAKE am 4$ 11/11 HI 14/11 ARUM 21 11/11 11/11 ASIM STU IS2 22 11 M/U COSMC TIAHI M 1/12 1/12 mum TRADER II 11/11 21/11
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      953 51 Jwl I JEDDAH/UK/CONTNEKT I STORE |CD S'TON HDURG ADAM LEH •MM Accept C»m Fa RAGA 32/144 14/U 27/11 31/11 2/12 Southwrlor :toal UK tfntnatai. Bdtait and DiMn LUDMGSHAf EN EXPRESS 19/344 13/11 22/11 31/11 3/12 S/12 7/12 Rattotan :to M Antwerp Mnterdsn o*. Mm* LIKMIIM EIPRESS 15/345 29/11 29/11 1/12
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      89 52 rh TECHNOLDBfI Tomorrow in Business Times ANNOUNdMENT Translink Navigation S A wish to announce that the agency with Star Shipping Agencies (S) Pte Ltd will cease with effect from 10 November 1993. Translink Navigation S.A. is also pleased to announce that Its new agency In Singapore would be GACSERVICE (SINGAPORE)
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      5 52 ITECHNOLOGY^ Tomorrow in Business Times
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