The Business Times, 12 November 1993

Microfilm: NL18965
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Friday November 12 1993 75'
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 8.94 pts at midsession
      71 1 Reuter NEW YORK Blue-chip stocks gained at midsession yesterday, riding on the strength of American Telephone Telegraph Co and Philip Morris Cos, two components of the Dow Jones index. The Dow was up 8.94 points to 3,672.49 at Ipm EST. In the broad
      Reuter  -  71 words
    • Article
      Lock icon Saudi oil producer in talks with S-E A groups
      71 1 NYT CAIRO Saudi Aramco, the state oil producer and refiner, is negotiating with two Southeast Asian oil refining groups over a potential multi-billion-dollar joint-venture refining agreement. The Saudis did not reveal the names of the two South-east Asian companies. Saudi Aramaco
      NYT  -  71 words
    • Article
      Lock icon Yeltsin invited to visit Belgium next month
      38 1 Reuter MOSCOW Belgian Prime Minister Jean-Luc Dehaene yesterday said he has invited President Boris Yeltsin to visit Brussels on Dec 9 to sign a declaration of intent on a Rus-sian-European partnership.
      Reuter  -  38 words
  • Article
    MARKET SUMMARY
    110 1 Stock narfcet indices Iharsday Change ST1I 2,109 08 +28.07 KLSE Composite 967.60 +16.71 Nikkei 18.158.52 +36.81 Hang Seng 9.6 74.83 349.39 SET Index 1,371.26 +23.64 Jakarta Composite ...511.35 +1.12 CLSA China B 1.142.01 +11.79 Aust All Ord 2.052.4 +9.5 FFSEI00._ 3.099.7 +1.2 Thursday Previous Ipm dose Dow Jones
    110 words
  • Article, Illustration
    Hong Leong to fork out M$100m more for two MUI units
    611 1  -  From Leslie Lopez, Lee Han Shih in SINGAPORE CAPPING nine months of stormy negotiations between two reclusive tycoons, Khoo Kay Peng yesterday finally agreed to sell his financial holdings to Quek Leng Chan but not before he managed to
    611 words
  • Article
    Lock icon Bid for Shanghai firm may be a scam
    284 1 Bloomberg Business News BEIJING A stock purchase billed as China's second takeover bid could be an elaborate scam arranged by investors to drive up the share's price and then bail out with quick profits, a senior Chinese securities regulator said yesterday. "It
    Bloomberg Business News  -  284 words
  • Article
    Malaysia's securities watch-dog bans share splits
    134 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S top securities watch-dog body has imposed an indefinite ban of share spilts for companies listed on the Kuala Lumpur Stock Exchange. In a circular to Association of Merchant Banks earlier this month. Securities Commission chairman Mohd Munir
    134 words
  • Article
    Lock icon Policy-makers cut back growth forecasts for industrial nations
    501 1 AFP, IHT PARIS Top economic poli-cy-makers of Western industrial countries and Japan warned here that a failure to conclude the Uruguay Round of world trade talks now could harm prospects of economic recovery and fan damaging trade conflicts, as they scaled back
    AFP,; IHT  -  501 words
  • Article, Illustration
    Lock icon Stock market investors back in force
    328 1  -  By R Sivanithy SINGAPORE The Hongkong and Thai stock markets reached new heights yesterday as investors, heartened by a recovery on Wall Street and in Tokyo, returned to the region with a vengeance. Japan's Nikkei-225 average firmed yesterday by 36.81 points to 18,158 after
    Source: Bridge Info  -  328 words
  • Article
    Lock icon World stock markets set to crash, predicts Dr Doom
    272 1 Reuter HONGKONG World equity markets are in the grip of mania and the longer it lasts, the more devastating the resulting crisis will be, says Hongkong's leading prophet of doom. In his newsletter The Gloom, Boom and Doom Report, published on
    Reuter  -  272 words
  • Article
    Lock icon Change in HK pension fund rules to free HK$303ob for markets
    205 1 Reuter HONGKONG About HKS3O billion (Ss6 billion) loaned to companies from their own stafT pension funds would flow back into the investment market under new pension fund legislation, said Lloyd Deverall. partner with KPMG Peat Marwick. yesterday. Mr Deverall
    Reuter  -  205 words
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      123 1 depuis 1921 a 5 Sledgers P| V) P C D #02 08 Delli Orcharc il I h II h V" K 11 (Te1:*****13) II LL II U L 11 II f» made in France Petit® #02-38, Centrepomt (Tel: *****68) TaKashimaya Dept. Store Galenes Lafayefie Singapore and selected retai outlets CONTENTS
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      19 1 Advertising: Pg 28 The real thing in China There will be normal publication 0/Business Times on Deepavali, Nov 13
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      22 1 Hock Lock Siew: Pg VjA Japanese discover Asian boufte? MUI mulls over options. Page 12 The OSA Trial Reports on Page 2
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      21 1 Free tickets 500 pairs of tickets to the movie 'The Wedding Banquet' to be given away free Details in tomorrow's BT
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      81 1 The Bmom Line: Back Pg Drdvpn bonds are good for Asia M GENEVE "Curva Cintree Watch, 18K Gold, Perpetual Calendar." Kxclusivelv available at Sincere Watch: #<>1-12 Takashimava Shopping Ontre. Ngec Ann City. 391 Orchard Road. Singapore 0923 Tel: 733 0618 #01-22 Lucky PI a/a. 304 Orchard Road. Singapore 0923 Tei:
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      16 1 rsi NIPPON FVUNT Working Beautifully, Everywhere. HOCK LOCK SIEW: Japanese investors discover Asian stocks. Page 11
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  • YESTERDAY IN PARLIAMENT
    • Article, Illustration
      1pc Medisave top-up for civil servants
      595 2 CIVIL SERVANTS will get an extra one per cent Medisave contribution in lieu of hospitalisation perks under a new medical benefits package. The scheme, to apply to new employees from Jan I, 1994. and open to serving officers. will see civil servants paying more
      595 words
    • Article
      Workers, bosses must play fair on medical perks: MP
      385 2 THE National Trades Union Congress (NTUC) will encourage unions to consider incorporating the element of personal responsibility in future collective agreement talks. But workers must not become financially worse off for the same benefits they enjoy, and the impact on older
      385 words
    • Article
      Family of female govt officers still ineligible for medical benefits
      192 2 FEMALE OFFICERS will still be treated differently under the new civil service medical benefits scheme their family members remain ineligible for the perks. Minister of Finance Richard Hu said the reason for this was not a matter of cost but
      192 words
    • Article
      Bills of Medisave patients at private hospitals to be capped
      408 2  -  Reports by Anna Teo,Schutz Lee THE GOVERNMENT will, from the end of next year, begin limiting the amount private hospitals may charge patients using Medisave funds to pay for operations and doctors' daily attendance fees. A year later, hospital fees
      408 words
  • SINGAPORE NEWS
    • Article
      Businesses can register now for GST
      288 2  -  By Corinne Kerk TO PREPARE for the Goods and Services Tax which takes effect from April 1 next year, businesses can register from today. Businesses with annual turnover of more than Si million must sign up before April 1, 1994. The Inland Revenue Authority
      288 words
    • Article
      Disclosure to Foo was unauthorised
      595 2 The OSA trial GOVERNMENT economist Kelvin Quek admitted to a Subordinate Court yesterday that his general, "qualitative" answers to Raymond Foo's questions on sectoral data during a lunch meeting on June 19 last year were unauthorised. Queried by defence lawyer C R Rajah, Mr Quek
      595 words
    • Article, Illustration
      Prosecution witness: accused told me what he was going to tell ISD
      325 2 AN ex-govemment economist yesterday told the court that Raymond Foo called him shortly before an interview with the Internal Security Department (ISD) and told him what he would be saying. Former Monetary Authority of Singapore (MAS) economist Choy
      325 words
    • Article
      IN BRIEF
      131 2 On trial: Five men who face II charges of breaching the Official Secrets Act by communicating and/or receiving the government's 4.6 per cent flash estimate of second-quarter 1992 economic growth before it was officially released. The flash estimate was referred to in a BT report on June 29.
      131 words
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Food and beverage spending inches up
        262 2  -  By Sylvia Wong A PICK-UP in the stock market in August had no effect on food and beverage (F&B) spending that month, according to figures calculated from cess payments collected by the Singapore Tourist Promotion Board. Despite the hefty profits made by many retail
        Source: Dept of Statistics  -  262 words
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      82 2 YOU ARE CORDIALLY INVITED TO A WEDDING WHERE EVERYBODY WANTS TO i KISS THE BRIDE... EXCEPT THE GROOM. j 1 WINNER OF (.OLDEN BEAK AWARD fl J I (BEST El EM) AT 1993's BERLIN EILM FESTIVAL. T 9 i C 3 j BeMm ■gg. 1 MITCHELL LICHTENSTEIN [ggj An exclusive
      82 words
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      18 2 O OMEGA The sign of excellence. PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
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  • THE REGION
    • Article
      Toyota to invest 10b baht in fourth Thai assembly plant
      500 3  -  From Alan Boyd in BANGKOK TOYOTA will invest 10.2 billion baht in a fourth Thai assembly plant, establishing Thailand as its main production base in South-east Asia. Company officials confirmed yesterday that the Japanese motor vehicle giant was expected to
      500 words
    • Article
      Lock icon Indonesian firms to hold satellite video users' meeting
      123 3 Bernama JAKARTA Two Indonesian companies will host a meeting from Nov 17-19 in Bali for users of Indonesia's telecommunications satellites. The two companies are PT Satelindo, a private satellite operator, and PT Telkom, the state telecommunications company. PT Satelindo is a private
      Bernama  -  123 words
    • Article
      Lock icon Vietnam gets US$1b worth of aid commitments
      360 3 AFP PARIS Vietnam received aid commitments worth US$l billion (551.59 billion), most of it from Asian countries, at the first conference here of aid donors to the communist state which has embarked on far-reaching economic reforms. Japan, which is seeking to expand its
      AFP  -  360 words
    • Article
      Lock icon Jakarta acts to protect trademark rights
      229 3 AFP JAKARTA As part of a move of counter trademark infringement, the Indonesian government will no longer automatically renew registrations of local firms that use famous brand names in their products. James Lumenta of Amroos Law Consultant said yesterday that Justice Minister Utoyo Usman
      AFP  -  229 words
    • Article, Illustration
      Lock icon KL's maiden project in Namibia takes off
      272 3 Bernama KUALA LUMPUR Works Minister Leo Moggie leaves today for an official week-long visit to Namibia where he will witness the ground-breaking ceremony for a low-cost housing project marking the first Malaysian venture in the southern African country. The 170-unit housing project at
      Bernama  -  272 words
    • Article
      Lock icon Taiwanese business still keen on investing in Indonesia
      358 3 Bernama JAKARTA Indonesia will continue to become the most attractive country for Taiwanese entrepreneurs to relocate their industries. The head of the Taiwanese Chamber of Industry and Commerce committee on Indonesia, Yao Sheng Chen, said yesterday: "Indonesia is looked upon by the
      Bernama  -  358 words
    • Article
      Lock icon Furore over the sacking of anti-graft official in Hongkong
      457 4 AP HONGKONG The sacking of a senior anti-corruption official shocked Hongkong yesterday and underscored the issues of race, democracy and business ethics that confront the British colony with the approach of Chinese rule. Hongkong's chief anti-cor-ruption official refused to tell legislators
      AP  -  457 words
    • Article
      Lock icon Investment by French in Asia to double
      170 4 AFP HONGKONG French investors are expected to more than double their investment in Hongkong and other Asian markets by the year 2000, a French banker said yesterday. Charles de Croisset, chairman of Paris-based Credit Commercial de France, said that French exporters were aiming
      AFP  -  170 words
    • Article
      Lock icon Foreign banks in China may get yuan business
      289 4 Reuter HONGKONG China's central bank. The People's Bank of China, is considering removing a ban on foreign banks conducting renminbi-yuan business in certain cities as part of reform to its financial system. David Li, director and chief executive of The Bank of
      Reuter  -  289 words
    • ASIA NOTES
      • Article
        Lock icon Japanese land prices declining
        100 4 Bloomberg Business News iOKYO Commercial land prices in Japan's major metropolian areas of Tokyo, Osaka and Nagoya declined between 3.1 per cent and 4.6 per ccnt during the June-September period, according to a report released by the Land Institute of Japan. In Tokyo's 23wards alone, the
        Bloomberg Business News  -  100 words
      • Article, Illustration
        Lock icon Benazir inspects fire in the House
        54 4 Reuter ISLAMABAD Pakistani Prime Minister Benazir Bhutto (right) inspects the burnt out main hall of the parliament in Islamabad on Wednesday, escorted by Speaker of the national Assembly Yusuf Raza Gilani. A probe has been ordered into the fire that raged for eight hours
        Reuter  -  54 words
      • Article
        Lock icon BJP urges selective foreign investment
        75 4 Reuter NEW DELHI India's opposition Hindu right-wing Bharatiya Janata Party (BJP) said it welcomed foreign investment only in selective areas, backtracking on remarks by a senior part} leader. At a meeting of the Indo-US Joint Business Council on Tuesday, BJP leader Jaswant Singh told businessmen
        Reuter  -  75 words
      • Article
        Lock icon Japan drafting insider trading rules
        80 4 Bloomberg Business News TOKYO Japan's Finance Ministry has begun drafting stock market regulations designed to discourage insider trading, the Nihon Keizai newspaper said. Among other measures, the ministry is considering placing a limit on the number of shares a company may buy on any given
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Thai tycoon shot dead
        93 4 AFP BANGKOK A leading Thai business tycoon in the eastern province of Chonburi was shot and killed by two masked men, police said yesterday. Kampol Kuptawanitcharoen, 49, was gunned down by two men on a motorcycle who drove up and opened fire with an Uzi automatic
        AFP  -  93 words
    • Article
      Lock icon Economy a factor in Japan tax reform timing: minister
      336 5 Reuter TOKYO Japan must take the economy into consideration in deciding the timing of a consumption tax increase, Economic Planning Agency (EPA) Minister Manae Kubota was yesterday quoted as saying. She made the comment in response to a request from trading
      Reuter  -  336 words
    • Article
      China set to become Australia's second largest market
      275 5  -  By Florence Chong in SYDNEY CHINA will emerge as Australia's second largest market, replacing the United States by the end of this year. Japan remains Australia's largest market. Ralph Evans, managing director of the Australian Trade Commission, told a meeting in Melbourne
      275 words
    • Article
      Lock icon Indian business demands help to face new competition
      320 5 Reuter NEW DELHI India's top industrialists, who flourished in a protected economy, are lobbying the government to make changes to company laws to help them face intensifying foreign competition following economic reforms. Analysts say the industrialists, who have become known as the
      Reuter  -  320 words
    • Article, Illustration
      Lock icon With the power of sun
      54 5 Reuter ADELAIDE Japanese Honda Dream driver Masashi Yamamoto celebrating his team's victory at the finish of the World Solar Challenge here yesterday. Honda set a world record at the 3,012 km race from Darwin to Adelaide, shaving 9Vi hours off the previous record time held
      Reuter  -  54 words
    • Article
      Lock icon Bolger hopeful of forming government in New Zealand
      364 5 Reuter. WEttINGTON New Zealand's Prime Minister Jim Bolger said yesterday he would form a minority government if Saturday's general election results are confirmed. "We don't know until the special votes are counted which party will have the largest number of seats in
      Reuter.  -  364 words
    • Article
      Lock icon Rise in Aussie money supply masks business slump
      307 5 Bloomberg Business News SYDNEY Australia's most widely watched measure of money supply rose for a second consecutive month in September, but no sign of a pickup in business investment was apparent in the data. Among the money supply data is a measure
      Bloomberg Business News  -  307 words
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      141 3 This announcement appears as a matter of record on ©smmsiai&i 3inn < umou) Bank of Asia Public Company Limited US$ 60,000,000 Floating Rate Certificates of Deposit Due 1996 With Put Option Arrangers Bank America Singapore Limited J.P. Morgan Securities Asia Ltd Overseas Union Bank Limited Lead Managers BA Asia Limited
      141 words
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      74 3 CFRRUTIIBBI SWISS WATCHES TTT Tli II mi i ><M I H i wf m Wr jm <■ r-jrirV tM Tg -<Jb > i **y r r t rrrrrrf*"»/ JSM H Time is on my side. Sole Agent Singapore DYNASTY WATCH PTE LTD, 20 Bideford Road, #07-00, Wellington Building, Singapore*o922. Tel:
      74 words
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      3 4 I I t:-^MBBBffliiPl^Mß
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      94 4 IARfSSERIF Omni •Marco Polo Horn 1 Tanglin Road The cuisine, as visiting chef Jean-Louis Vosgien hastens to add, is another. And if you stop by our 20th birthday celebrations between November 5 and 14, he'll be glad to gratify the most demanding gastronomic appetites. Call 474 7141 Ext. 1985 for
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      151 5 Discreetly. As you would expect of the world's bred technology with the refinement of traditional and comfort. Kqually reassuring is the 3 year Jaguar most sought-after marque, the luxury and British craftsmanship. Subtle improvements now warranty, plus our free 3 year maintenance and service prestige of the new Jaguar X|6
      151 words
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      342 6 1993 In Memory of Robert Marjolin American Express Bank Welcomes to Singapore All Participants for The Amex Bank Review Awards Global Forum, presented in conjunction with The Economic Society of Singapore. The Global Forum brings together distinguished guest speakers and winners of the Bank's essay competition for international economics and
      342 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Approach to new HK airport clouded in politics
      894 7  -  Hongkong badly needs a new airport but the political climate is not ripe for it to be a reality in the near future From Anthony Rowley The writer, BT's Tokyo correspondent, visited Hongkong recently in HONGKONG THE spectacle of a China Airlines
      Reuter  -  894 words
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      90 7 the changes are visible Gamda dollars new dollar centre fifteen have already reExecutive Lounges. 11 Tl I lIIF as we race for the UHUnt nun nTnrn &mj| UllUUlntK Because IHTIFCTITIFHTC HIULJiluLiiiJ IHKmIWI BuKiin comfort it brings, it is something far wmmmmmmmmm is hiisiile. less tangible that lives on in the
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      10 7 Asian airports risk congestion: lata official, Shipping Times Pg 20
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  • THE WORLD
    • Article
      Apec will have to steer world trade talks if Nafta fails: US official
      529 8  -  Run-up to the Apec summit From Leon Hadar in WASHINGTON A HIGH-RANKING American official said on Wednesday that if the North America Free Trade Agreement (Nafta) is not approved by Congress, the Asia-Pacific Cooperation (Apec) Forum could
      529 words
    • Article
      Lock icon Mexico, PNG likely to be admitted, but not Chile: US
      206 8 AFP WASHINGTON Mexico and Papua New Guinea are likely to be admitted to the Asia-Pacific Economic Cooperation forum next week, but not Chile, a senior US official said here on Wednesday. It does seem there is consensus among the 15
      AFP  -  206 words
    • Article
      Lock icon US electronic industry's trade deficit with world hits record US$5.2b
      285 8 Reuter SANTA CLARA, California The US electronics industry's trade deficit with the world more than doubled to a record US$5.2 billion (SsB.2 billion) for the first half of 1993. The American Electronics Association, the principal US trade group for the
      Reuter  -  285 words
    • Article, Illustration
      Lock icon China and Russia sign five-year defence accord
      337 8 Pact not alliance against a third country: Grachev AFP. Bloomberg Business News BEIJING Russia and China signed a five-year defence cooperation agreement yesterday, covering bilateral visits by military delegations and information exchange. Pavel Grachev, making the first visit by a Russian defence minister
      AFP.; Bloomberg Business News  -  337 words
    • Article
      Lock icon German tax haul cut by 13b marks
      301 9 FT BONN The German taxman's worst fears of tax evasion appear to have been confirmed. Instead of getting 24 billion Deutschemarks (5522.5 billion) this year from a controversial new tax on investment income, the likely receipts are expected to be less than half,
      FT  -  301 words
    • Article
      Lock icon US and Switzerland to share US$22m seized from drug dealer
      329 9 AP NEW YORK After five years of negotiations, the US and Switzerland are splitting US$22 million (Ss3s million) in profits seized from the Swiss bank accounts of the leader of a Long Island-based hashish ring. The case involves the largest
      AP  -  329 words
    • Article, Illustration
      Lock icon Clinton says Nafta victory close at hand
      485 9 AP, Reuter WASHINGTON President Bill Clinton said free-trade supporters had gained critical momentum from a showdown debate with billionaire Ross Perot, predicting the three-na-tion trade pact would win House approval next week. Opponents suggested that was "political puff' and claimed they had enough
      AP,; Reuter; AFP  -  485 words
    • Article
      Lock icon Japan surprised by US talk of its intrusion into Mexico market
      259 9 AP TOKYO Japan has expressed both support for the North American Free Trade Agreement and surprise at suggestions that it will move in on Mexico if Congress fails to approve the treaty next week. "What they are saying in
      AP  -  259 words
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      1103 8 BUSINESS TIMES TOLL-FRF.F. TEL. No. 1-800-741-1883 FAX:74I-1298 L.C. Development Ltd (formerly known as Eu Yan Sang Holdings Limited) (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 21 at Annual General Meeting of the Company will be held at the Board Room
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      472 8 PARKWAY HOLDINGS LTD U5550,000,000 Floating Rate Notes Due 1996 with Warrants to Subscribe for New Shares of Parkway Holdings Limited In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 12 November, 1993 to 14 February, 1994, the Notes will carry a
      472 words
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      14 8 Nafta victory close at hand: Clinton Page 9 Making progress on Nafta, Page 30
      14 words
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      10 9 Subscribe to Newsweek and get 65% off the cover price
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      272 9 WKOBgl^.; mH I I An Audi costs your company no th ingf to maintain. But that doesn't mean everybody can have one. Let's (ace it, tke Audi is not one of those pleasantly Audi Care. Free maintenance for three year*. against body rust-through. affordable cars. The card in the picture
      272 words
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      696 10 ffl INNO-PACIFIC HOLDINGS LTD I (Incorporated in the Republic of Singapore) fl NOTICE TO HOLDERS OF INNO-PACIFIC HOLDINGS LTD'S I TRANSFERABLE SUBSCRIPTION RIGHTS 1994 ("TSRs 1994") On September 3, 1993, Inno-Pacific Holdings Ltd ("the Company") I announced a proposed issue of a minimum of 148,198,332 and a maximum H of
      696 words
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      333 10 BUSINESS TIM E S TOLL-FREE TEL. No. 1-BQO-741-1883 HAX 741-1298 MTHC MATTER Of THE COMPARES ACT. CAP. 90 AMD M THE MATTER Of GROUP CONSTRUCTION MANAGEMENT PTE LTD (In Mamtoan' Voluntary Liquidation) At an Extraordinary Qanaral Meeting of tha members of Vie abovenamed Company dulv convened and held on 9tn
      333 words
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      772 10 wmm notice mam REQUEST FOR INFORMATION (RFI) ON HARDWARE AND SOFTWARE FOR FINANCIAL SYSTEM The HDB invites interested vendors to submit information on hardware and software for financial system. The RFI documents can be obtained free of I charge from HDB, Ms Linda Yeo at I Tower B, 7th Storey,
      772 words
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      725 10 NOTICE NOTICE IS HEREBY GIVEN that, I Harold Lean of Blk 154, Yishun St 11, #04-76 Singapore 2776 have applied for a Public House Second Class Licence in respect of premises at M/s Country Manna Restaurant at 55 Siglap Road #02-27 to 31, Siglap Centre Singapore 1545 and that this
      725 words
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      607 10 M THE MATTER OF THE COMPAMES ACT, CHARTER SO AND M THE MATTER OF LOYANO VALLEY PTE LTD (M VOLUNTARY UOUBATION) At an Extraordinary General Mooting ot the Company hotd at SIAP*s Conference Room, #03 00. SIA Building. Robinson Road. Singapore 0106 on tha 8 November 1993. tha following resolutions
      607 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Tenaga Nasional net earnings jump 33pc to M$1.5b
      484 11 Utility firm plans to invest Ms7b in five-year expansion programme AFP, Bloomberg Business News KUALA LUMPUR Malaysia's national electricity firm Tenaga Nasional yesterday declared a 33 per cent jump in net earnings to M 51.53 billion (*****.6 million) for the year to
      AFP,; Bloomberg Business News  -  484 words
    • Article
      Lock icon Jack Chia Enterprises proposes 1-for-1 rights issue
      282 11 MBT KUALA LUMPUR Jack Chia Enterprises (Malaysia) Bhd is proposing a one-for-one rights issue of 29.02 million new Msl shares at an issue price of Ms 3 each. For the first 28.9 million shares, one new share will be issued for every existing
      MBT  -  282 words
    • Article, Illustration
      Aztech in drive to increase sound card output by 50pc
      368 11  -  By Teh Hooi Ling SINGAPORE Multimedia sound card maker Aztech Systems celebrated the millionth sound card made in its plant yesterday and announced that it would increase its production capacity by 50 per cent to 100,000 cards a month by
      368 words
    • Article
      Japanese investors discover Asian stock markets — at last
      651 11  - Japanese investors discover Asian stock markets at last HOCK LOCK SIEW By S N Vasuki SINGAPORE It is almost the end of the year, a time when stockbroking firms and investors start counting their profits. A majority of them have good reason to feel buoyant, given the remarkable bull run
      651 words
    • Article
      Straits Steamship planning upscale hotel in Malacca
      245 11 SINGAPORE Straits Steamship Land (SSL) plans to open an old-style hotel in Malacca and is currently looking for a suitable building to refurbish. The "boutique" hotel would be a 100-room outfit similar in style to Singapore's Goodwood Hotel, sources say. The building would
      245 words
    • Article
      SSL, NatSteel cancel Qingdao marine theme park project
      271 11  -  By Abdul Hadhi SINGAPORE Straits Steamship Land (SSL) and Nat Steel have cancelled their marine theme park project in the Shandong coastal city of Qingdao, which they were to have developed jointly with the local tourism bureau. In a statement yesterday, the
      271 words
    • Article
      GRP proposes share option scheme for all staff
      181 11 SINGAPORE Sesdaq-listed marine appliance supplier GRP Ltd has proposed a liberal employee share option scheme whereby all staff in the company, from general workers to company directors, can be awarded share options. Other companies usually restrict share options for mid to top-level
      181 words
    • Article, Illustration
      Lock icon SUMMARY
      312 11 Source: Bridge Info Performance of STII's Index stocks Nov 11 Last Stat lain Slock talc Ctaft factor norm (S) (5) Aviroo I 770 0.010 1.23 0.32 CAC 8 100 0.130 3.62 7.(1 CWT 2.780 0.130 1.93 6.77 Cerebos 7.050 0.250 4.89 13.02 FAN 14 800 -0 700 10.26 -36.46
      Source: Bridge Info  -  312 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon DRB to discontinue textile operations
          98 12 Bernama KUALA LUMPUR Diversified Resources Bhd has decided to discontinue its textile operations currently undertaken by its wholly-owned subsidiary, Imatex Bhd by Nov 30. The textile mill situated in Mak Mandin Industrial Estate in Butterworth, Penang was set up in the early 1970s principally to
          Bernama  -  98 words
        • Article
          Cosco favours Sun Corp deal
          71 12 SINGAPORE Cosco Holdings (Singapore) will be voting in favour of a resolution allowing Sun Corp to sell all its subsidiaries to Unicentral Corp for $4.42 million at an extraordinary general meeting to be convened (EGM). Cosco has a 60 per cent stake in Sun Corp.
          71 words
        • Article
          Liang Court invests in Profit Kingdom
          84 12 SINGAPORE Liang Court Holdings yesterday announced that it has invested $7 million in Profit Kingdom International Ltd. The cash used in the investment was part of the $28.2 million proceeds from the placement of new shares in September, which was to be used to
          84 words
        • Article
          Ayamas sells Eu Yan Sang shares
          60 12 SINGAPORE Ayamas Convenience Stores Sdn Bhd, previously known as KFC Poultry Products Sdn Bhd, has sold 283,000 Eu Yan Sang Holdings shares on the open market, reducing its stake in the company to 2.589 million shares. Its stake in Eu Yan Sang is now
          60 words
        • Article
          Lock icon Antah to pay M$32.5m for building
          65 12 Bernama KUALA LUMPUR Antah Holdings Bhd is buying a piece of land together with a commercial building known as Bangunan BNH from Bukit Naga Holdings Sdn Bhd for M 532.5 million. It said in a statement yesterday that the purchase consideration could be satisfied
          Bernama  -  65 words
        • Article
          Lock icon Cash to dispose of its subsidiary
          74 12 Bernama KUALA LUMPUR Construction and Supplies House Bhd (Cash) proposes to dispose 3,661,000 ordinary shares of Msl each in its wholly-owned subsidiary. United Plywood and Sawmill Sdn Bhd (Uniply). In a statement released here yesterday, the company said it has entered into a Sale
          Bernama  -  74 words
        • Article
          Tonhow Industries' net tangible assets
          55 12 SINGAPORE Sesdaq-listed plastic components manufacturer Tonhow Industries Ltd which two days ago announced its plan to relocate its factory from Eunos to Senoko, has notified the Singapore stock exchange that the net tangible assets resulting from the relocation should be 14.4 cents per share and
          55 words
      • Article
        Lock icon Damansara shares surge after being suspended since 1992
        502 12 MBT KUALA LUMPUR Damansara Realty Bhd's senior officials cheered yesterday as the counter, formerly traded as Kesang Corporation Bhd, was requoted on the Kuala Lumpur Stock Exchange (KLSE) at M 54.28 after being suspended since July 20, 1992 at M 50.89. It
        MBT  -  502 words
      • Article, Illustration
        MUI mulls over options after M$1.1b sale
        502 12  -  By William Chia SINGAPORE Malayan United Industries will be a different corporate animal after the sale of its bank and finance company to the Hong Leong group for MSl.l billion (SS6B2 million) yesterday. MUI Bank and MUI Finance together contributed about 70 per
        502 words
      • Article
        Singapore businessman in buy-out deal of HK estate agent Vigers
        336 12  -  By Sylvia Wong SINGAPORE Low-profile Singapore businessman Yau Chee Siew has taken part in the HKSIIO million (5523.1 million) buy-out of Hongkong estate agent Vigers. The deal done through a consortium involving prominent Hongkong and China parties is meant to
        336 words
      • Article
        Lock icon Metrojaya group pre-tax profit up 47pc
        193 12 Bernama KUALA LUMPUR Metrojaya Bhd announced a 47.4 per cent increase in its group pretax profit to M 53.11 million (SSI.9 million) for the six months ended Sep 30, 1993 from M 52.11 million lyReleasing its unaudited results yesterday, it said that its turnover
        Bernama  -  193 words
      • Article, Illustration
        Lock icon News Corp gets thumbs-down on super-vote
        495 13 Top institutional investors oppose Murdoch's proposals Reuter SYDNEY Rupert Murdoch's News Corp Ltd lost favour with investors yesterday, including Australia's top institutions, who roundly opposed the media tycoon's plans to entrench family control of his flagship with super-voting shares. Adding to the row, Australia's
        Reuter  -  495 words
      • Article
        Lock icon Hopewell to sell Cepa shares
        255 13 Bloomberg Business News HONGKONG Hopewell Holdings says it will sell 475 million shares in its Consolidated Electric Power Asia (Cepa) power station concern at HK$ 12.50 each to raise HK55.94 billion (Ssl.2 billion) through an offer in Hongkong and private international placements. Hopewell, a real
        Bloomberg Business News  -  255 words
      • Article
        Indon consumer market healthy
        374 13  -  From Maggie Ford In JAKARTA CANNY INVESTORS in the Indonesian stock market who went into consumer stocks got the best deal so far this year. The sector posted doubledigit rises in earnings in the first half and an average of 37 per cent growth for the
        374 words
      • Article
        Lock icon HK's Century City to list Paliburg Devt separately
        204 13 Bloomberg Business News HONGKONG The Century City International Holdings group of real estate and investment companies plans to separately list real estate development company Paliburg Development through an initial public offer of shares. In a joint statement yesterday, Century City and subsidiary
        Bloomberg Business News  -  204 words
      • Article
        Lock icon TelecomAsia share price set at 55 baht
        183 13 Bloomberg Business News BANGKOK The initial public offering price of Telecom Asia Corp pic shares has been set at 55 baht, informed sources at two of the company's lead underwriters told said yesterday. Telecom Asia has scheduled a news conference today to announce
        Bloomberg Business News  -  183 words
      • Article
        Lock icon Onoda Cement-Chichibu merger forms industrial giant
        491 14 Bloomberg Business News TOKYO Onoda Cement Co, Japan's largest producer of cement, will merge with Chichibu Cement, the nation's sixth largest cement producer, effective Oct 1, 1994, officials of the two companies said. The merger, which will forge the two companies into one of
        Bloomberg Business News  -  491 words
      • Article
        Lock icon KDD reports 21pc rise in interim profit
        125 14 KnightRidder TOKYO Japan's international telecommunications giant KDD has said its unconsolidated pre-tax profit for the half year ended Sep 30, 1993, rose 21.3 per cent from a year earlier to 16.07 billion yen (***** million). Kyodo News Service yesterday reported that KDD also
        Knight- Ridder  -  125 words
      • Article, Illustration
        Lock icon Japanese giants using shares as crutch
        706 14 Bloomberg Business News TOKYO With Japan's corporate earnings plunging to an unprecedented fourth straight year-on-year decline and the economy stuck in a slump, a growing number of Japanese companies are selling massive amounts of stock to help prop up their balance sheets. Manufacturing giants
        Bloomberg Business News  -  706 words
      • Article
        Lock icon Taiwan terminal maker buys assets of Qume Corp
        296 14 AFP TAIPEI Wyse Technology Taiwan Ltd, the world's largest terminal maker, is to acquire California-based Qume Corp's peripherals section for US$l3.B million (5521.9 million). Wyse officials yesterday said the company would absorb Qume's terminal, monitor and printer production units and sales department
        AFP  -  296 words
      • Article
        Lock icon Asahi Chemical's interim profit plunges
        201 14 Knight-Ridder TOKYO Asahi Chemical Industry Co yesterday reported its unconsolidated pre-tax profit for the half year ended Sep 30, 1993, had plunged 50 per cent from a year earlier to 8.77 billion yen (Ssl29 million). The company said net profit fell 37.9 per cent to
        Knight-Ridder  -  201 words
      • Article, Illustration
        Lock icon US cable moghul Malone eyes parent of Universal Pictures
        550 15 NYT NEW YORK John Malone, the cable entrepreneur who controls two of the nation's largest cable companies and is said to be shopping for a movie company, met Wednesday in New York with a representative of Matsushita Electric Industrial Co, the
        NYT  -  550 words
      • Article
        Lock icon Pacific Telesis plans to spend US$15b over five years on video network
        286 15 NYT WASHINGTON Pacific Telesis Corp, the regional Bell company based in San Francisco, was to announce a sweeping plan yesterday to spend about US$l5 billion (5523.8 billion) over the next five years to build a network capable of
        NYT  -  286 words
      • COMPANY BRIEFS
        • Article
          Lock icon Swiss and Taiwanese in Asian venture
          72 15 AFP TAIPEI Swiss chemical giant Ciba-Geigy yesterday signed a letter of intent with the Taiwan government to form a strategic alliance to explore the Asian market. The agreement was signed by Vice Economic Minister Yang Shih-chien and AZuercher, vice-president of Ciba-Geigy's Asia Pacific region.
          AFP  -  72 words
        • Article
          Lock icon Aoyama to open Chinese subsidiary
          88 15 AFP TOKYO Japan's largest suburban chain of men's apparel stores Aoyama Trading Co Ltd plans to open a joint venture in Shanghai to make and sell men's clothing with a Chinese partner from next September, a spokesman said yesterday. Aoyama and Shanghai No 2 Worsted
          AFP  -  88 words
        • Article
          Lock icon Toyota drops plan to cut bonuses
          69 15 Knight-Ridder NAGOYA Toyota Motor Corp will retract a plan asking employees to accept lower winter bonuses in the light of strong opposition from its labour union, the Kyodo news agency quoted a company executive as saying yesterday. Toyota, Japan's largest automaker, will inform its
          Knight-Ridder  -  69 words
        • Article
          Lock icon Mitsui to cut expenses by 2.3b yen
          93 15 Nikkei News TOKYO Mitsui Mining and Smelting Co aims to slash its sales and administrative expenses by 2.3 billion yen (SS32O million) in fiscal 1993-94 (Apr-Mar) in order to minimise the damage that declining sales are having on pre-tax profits. Half of the
          Nikkei News  -  93 words
        • Article
          Lock icon Bharat Forge to raise US$13.4m
          122 15 Bloomberg News Service NEW DELHI Bharat Forge Ltd, one of India's biggest manufacturers of machine components, plans to raise 20 million Swiss francs (US$l3.4 million) through a sale of five-year convertible bonds, a senior company official said. The bonds, which will have a coupon rate
          Bloomberg News Service  -  122 words
        • Article
          Lock icon China Motor shares plunge 4.5pc
          69 15 Reuter HONGKONG China Motor Bus Co Ltd shares plunged HKS2.SO (550.50) or 4.5 per cent to HKSS3 on profit-taking after it announced a 3.6 per cent rise in net profit to HK582.16 million for 1992/93, brokers said. "The earnings growth of the company is seen
          Reuter  -  69 words
      • Article
        Lock icon Turner earnings down 92pc in third quarter
        248 15 AP ATLANTA Turner Broadcasting Systems has reported a 92 per cent fall in third-quarter earnings, due mainly to debt refinancing and investment costs, as well as losses at par-tially-owned companies. Turner, the parent company of Cable News Network, earned US$l million (S$l.S9 million),
        AP  -  248 words
      • Article, Illustration
        Lock icon Slump in chemical sales hits Hoechst hard
        392 15 Bloomberg News Service FRANKFURT German chemicals group Hoechst AG said group pre-tax profit fell 40 per cent in the first nine months of this year to 924 million Deutschemarks (SSB7O million) from 1.54 billion marks a year earlier. In the third quarter of
        Bloomberg News Service; Reuter picture  -  392 words
      • Article
        Lock icon Telecom Australia unveils A$3.3b expansion plan
        248 15 Bloomberg News Service MELBOURNE Telecom Australia, the governmentowned telecommuncations company, said it will spend A 53.3 billion (553.46 billion) to catapult the nation's communcations system into the 21st century. The company said it will improve and develop a digital network, delivering a "worldclass" telecommunications
        Bloomberg News Service  -  248 words
      • Article
        Lock icon Siemens in digital tie-up with Aussie telecom company
        141 15 Reuter MELBOURNE Siemens Ltd, a unit of Siemens Ag of Germany, said it has been chosen by government-owned Telecom Australia as its strategic partner to design and sell digital transmission technology for the next five years. "In numerical terms, we expect the
        Reuter  -  141 words
      • Article
        Lock icon Compaq and Duracell to make batteries for portables
        157 15 UPI HOUSTON Compaq Computer Corp announced in Houston Wednesday it is teaming up with Duracell Inc to make standard-sized nickelmetal hydride (NIMH) rechargeable batteries for portable computers. The companies said the batteries will fit a wide variety of portable computer brands and
        UPI  -  157 words
    • FINANCE
      • Article
        Lock icon Prudential implicated in unit's fraud scandal
        393 16 NYT NEW YORK The fraud scandal at Prudential Securities has reached the doorstep of its parent company, the Prudential Insurance Co of America. Agents for the insurance giant improperly sold investments for several years without the required licences through a joint marketing agreement with
        NYT  -  393 words
      • Article
        Lock icon Financial bodies pump £600m into Lloyd's of London
        169 16 Reuter LONDON Financial institutions have agreed to pump about £600 million (SSI.4 billion) into the cash-strapped Lloyd's of London insurance market and more is expected in the next few weeks. Around 15 corporate capital schemes have been announced since Lloyd's traditional individual
        Reuter  -  169 words
      • Article, Illustration
        Lock icon Indian bankers divided on bid to make rupee fully convertible within a year
        287 16 Reuter BOMBAY India's finance minister, preparing phase two of post-election reforms, has suggested the rupee could be made fully convertible in a year, but bankers are split on the possibility. "The medium-term objective now is to move
        Reuter  -  287 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        120 16 THE currency market traded a lacklustre day with most traders sidelined for an apparent lack of action. Sales of Aussie dollar for yen purchase after lunch created some minor stir but that also did not sustain. Over at the regional cur- rency markets, yesterday's mood
        120 words
      • Article
        Lock icon London
        193 16 Reuter LONDON The dollar continued to be overshadowed by a strong yen in Europe yesterday, but dealers and analysts said forthcoming US data could ofler a ray of light. US retail sales are due at 1330 GMT today, and economists surveyed by Reuters forecast an average 1.2 per cent
        Reuter  -  193 words
      • Article
        Lock icon New York
        89 16 Reuter NEW YORK The dollar opened firm versus the mark but fell against the yen yesterday in trade thinned by Veterans Day. The dollar extended losses against the yen in overnight trading after breaching the psychological 107 yen level. The dollar opened by rising to 1.6889/96 marks and
        Reuter  -  89 words
      • Article, Illustration
        Untitled
        1416 16 Trade- weighted index calculated against S port's top 14 trading partners. Base year 1985 US$/S$ forward rates Noon Nov 11 St BM Offer 1-month I.5U7 I 5902 2-month ***** I 5895 3-month 1.5872 I 5887 6-month 1.5857 1.5877 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at lla m
        1,416 words
      • Article
        Thai Farmers raising US$151m
        299 17  -  Its floating rate certificate of deposit largest in Thailand this year By Shiv Taneja SINGAPORE Thai Farmers International is raising US$l5l million (SS24O million) through a floating rate certificate of deposit (FRCD) issue, making it the largest such issue in Thailand this year. The deal is
        299 words
      • Article
        S'pore Treasury of Morgan Guaranty to enlarge role
        159 17 SINGAPORE The Singapore Treasury operations of US investment bank Morgan Guaranty Trust Co of New York will assume a bigger trading role next year. The operations here will take over Sydney's marketmaking function in non-Austra-lian and non-New Zealand currency products from Jan
        159 words
      • Article
        Lock icon Profits of Nomura US surge while those of other Japanese brokers plunge
        261 17 Reuter TOKYO Pre-tax profits of the US unit of Japan's top brokerage Nomura Securities in the first six months to last September surged from a year ago. But pre-tax profits of the US subsidiaries of Japan's three other
        Reuter  -  261 words
      • Article
        Japan's karaoke firm plans to list bonds on SES
        337 17  -  By Quak Hiang Whai SINGAPORE Japan's Nikkodo Co Ltd plans to list convertible bonds on Singapore's stock exchange. Nikkodo, which sells and leases compact disc and laser disc karaoke systems, is raising US$BO million (Ssl27 million) from a convertible bond issue.
        337 words
      • Article, Illustration
        Lock icon Saudi bank NCB raises capital by US$1.6b
        320 17 AFP ABU DHABI Saudi Arabia's National Commercial Bank (NCB), the biggest in the Gulf, has injected more than US$l.6 billion (552.5 billion) into its capital to meet international adequacy standards. The NCB, which hit headlines over its link to the collapsed Bank of
        AFP  -  320 words
      • SMALL CHANGE
        • Article
          Lock icon Taiwan eases investment controls
          101 17 AFP TAIPEI Taiwan yesterday relaxed controls on the re-entry of capital sent abroad by foreign institutional investors for stock investment as part of its efTorts to attract overseas investment. The Security Exchange Commission (SEC) said the liberalisation, efFective immediately, allowed institutions to remit the same amount
          AFP  -  101 words
        • Article
          Lock icon Loan for Heathrow-London link
          80 17 AFP TOKYO The Export-Import Bank of Japan said yesterday it had agreed to provide an untied loan of up to £125 million (***** million) for an express rail linking Heathrow airport to the city's centre. The project is a 26km high-speed rail link connecting the airport
          AFP  -  80 words
        • Article
          Lock icon Databank Systems for sale
          66 17 Reuter WELLINGTON Databank Systems Ltd is up for sale, its chairman, Paul Baines, said in a statement. Databank is a clearing house for the banking industry. National Bank, a unit of Lloyds Bank pic, ANZ Bank and Westpac Banking Corp each own 20 per cent of
          Reuter  -  66 words
        • Article
          Lock icon Amex to issue debt securities
          64 17 KnightRidder NEW YORK American Express Co said on Wednesday that h had filed a shelf registration with the Securities and Exchange Commission to issue up to US$5OO million (***** million) in debt securities, common and preferred shares, and warrants over time. Proceeds, unless otherwise announced
          Knight- Ridder  -  64 words
        • Article
          Lock icon Christiania could buy Fokus: report
          74 17 Reuter OSLO Christiania Bank og Kreditkasse, Norway's second largest commercial bank, was the logical buyer for Fokus Bank if Norway imposed a merger of state-controlled banks, a report from Norway's finance ministry said. "In our opinion, Fokus is the key to any merger activity among
          Reuter  -  74 words
        • Article
          Lock icon China's second joint venture bank
          111 17 Bloomberg Business News HONGKONG A new bank in China, jointly owned by US, Japanese, Dutch and Chinese investors, may be open for business before year end, says Sjouke Post ma, executive director of Rabobank Nederiand, one of the four owners. Agricultural Bank of China, Japan's
          Bloomberg Business News  -  111 words
    • COMMODITIES
      • Article, Illustration
        Lock icon Non-Opec members may be asked to cut output
        362 18 Reuter WASHINGTON Opec, worried about a collapse in oil prices, is weighing measures to stem the market's decline and may ask non-Opec countries to cut output. Organisation of Petroleum Exporting Countries' president Jean Ping said on Wednesday that member countries were adhering
        Reuter  -  362 words
      • Article
        Lock icon Japan's gold demand not hurt by sharp price rises yet
        333 18 Reuter TOKYO Physical gold demand in Tokyo is holding steady despite sharp price rises induced by US investment funds moving into gold futures. "Demand should start taking a downturn at about 1,350 yen (which translates to about US$39O per ounce),"
        Reuter  -  333 words
      • Article
        Crude oil futures rebound on Opec cut speculation
        246 18 Bloomberg ENERGY REPORT NEW YORK Crude oil futures on both sides of the Atlantic soared yesterday after a report said that Saudi Arabia may push for lower Opec production to help restore plunging crude prices. December crude gained 32 cents at USS
        246 words
      • Article
        Lock icon China reduces tariffs on Aussie processed wool
        208 18 Bloomberg Business News SYDNEY China has agreed to reduce its tariff on Australian processed wool to 10 per cent from 15 per cent. The Sydney Morning Herald yesterday reported that the action, which affected a category of wool known as "tops", or slightly
        Bloomberg Business News  -  208 words
      • Article
        Lock icon India's Cotton Corp seeks tenders for 150,000 bales
        249 18 Knight-Ridder NEW DELHI Cotton Corp of India would float an international tender next week to sell raw cotton, a senior company official said yesterday. The corporation is entering the global market as the Indian government has allowed it and some state cotton
        Knight-Ridder  -  249 words
      • Article
        Lock icon Aluminium can market set to soar: analyst
        256 18 Reuter LONDON Growth in aluminium can demand is set to rise sharply, but much of the increase will be in the newer markets of Latin America, Asia and the Middle East, say commodity analysts CRU International Ltd. In a report this week on
        Reuter  -  256 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars ease on higher US inflation
        1257 19 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended weaker yesterday in an extension to falls in US Treasuries following the release of a higher consumer price index on Wednesday. The bullish euphoria from low-er-than-expected government producer prices earlier this week was cancelled
        Reuter  -  1,257 words
      • Article
        KL tin lower despite good demand
        588 19 COMMODITY REPORTS Tin TIN price closed a sen lower at M$ 12.00 per kg after a lower London market overnight prompted some initial selling interest. Traders said the local premium to LME widened to US$24O per tonne against USS2IS previously, but this did not
        588 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          India shortfall in sugar output seen
          103 19 NEW DELHI The sugar-cane crushing season has begun for most of India's 414 sugar mills, with the country seen facing a shortfall in production that might prompt tighter government control over supplies. White sugar output in the current 1993-94 (Oct-Sep) season is likely to
          103 words
        • Article
          Japan scrap aluminium prices up
          89 19 TOKYO Japanese smelters are paying more for scrap aluminium as stocks gradually diminish due to the sluggish economy, traders here say. Scrap aluminium prices are reported to be up as much as sto 15 yen a kilogram, equivalent to about 2to 7 US cents a
          89 words
        • Article
          Japan confirms rice import plan
          96 19 TOKYO The Japan Food Agency yesterday confirmed that Japan will import 900,000 tonnes ef rice in 1993-94 (Apr-Mar), in addition to 200,000 tonnes it said that it will import as an emergency measure. An agency official said that it is still undecided on the origin
          96 words
        • Article
          Traders try to get out of contract
          84 19 SINGAPORE Some soymeal traders are exploit* ing or even exacerbating congestion at the Indian port of Bedi Bandhar to get out of contract* booked above USS22O per tonne free-along-sider traders say. The traders are motivated by a fall in soymeal prices to around
          84 words
    • Article
      COMMODITY PRICES
      1510 19 Rubbf HAS nwiiltj rnrfiingt (Marts dating m at Ip) ISS 1 C—tract (S cental) Close Volume Open Month High Low Sett (tonnes) Interest Dec 93 129J5 129.75 130.00 300 2,325 Jan 94 132.00 131.75 131.25 400 4.075 Feb 0.00 0.00 132.25 0 5.025 Mar 0.00 0.00 133.25 0
      1,510 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1259 20 +9.5 THE share market bounced back from a poor start to close higher for the first time in more than a week as stronger Asian bourses lifted local confidence. "There were investors with money around waiting to see if the Nikkei would hold. It did, and they went in,"
        1,259 words
      • Article
        Taipei
        591 20 +79.73 Waves of strong buying in electronics and pulp and paper shares pushed Taiwan stocks to a sharply higher close in active trade. The weighted index wavered narrowly at the opening but soon gathered momentum and closed 79.73 points or 1.9 per cent up at its intra-day high of
        591 words
      • Article
        New Zealand
        274 20 -29.24 Shares fell for a second day, on selling by local and overseas institutions, brokers said. However, retail investors who dominated the post-elec-tion sellofT earlier this week were buyers yesterday, finding bargains in the lower prices, they said. The New Zealand Top 40 capital index closed at 1,984.52,
        274 words
      • Article
        Manila
        576 20 +4 Share prices closed higher as punters took positions on both sides while waiting for fresh news to move the market, brokers said. "Smart money is starting to trickle into fundamentally strong issues, but it was really mixed," Gilpatrick Garcia, vice-president of L M Garcia and Associates, said. Market
        576 words
      • Article
        Seoul
        481 20 +5.46 Waves of a late institutional support in expensive blue-chip manufacturings pushed the market to another year high despite intra-day consolidation, brokers said. The composite stock index stood 5.46 points higher at 783.35 from a previous high of 780.20 set on Tuesday. "The market seesawed between high-priced and low-priced
        481 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        846 20 Britannia Fund* Slcrtiat Cash BM Olfcr Mim Cap Deposit 3* *400 31 6500 Mm lenev G*7. AIM) 0 IW Mm Mu Income *10)00 >1 0(00 UStCaak Income Plus Fund 10 5700 11.1)00 PS S Reserve Fund $.2200 5 2300 Sterliaf Eqaity Euro Performance .0 4592 0 4931 Far EM Fond
        846 words
      • Article
        London
        685 20 +1.2 THE FTSE 100 index of leading UK shares closed almost unchanged, with position squaring and profittaking ahead of today's end of account and the looming budget conspiring to pull the market back from earlier highs. The index closed with a 1.2 point, or 0.04 per cent, gain at
        685 words
      • Article
        Stockholm
        155 20 I.2pc Swedish shares ended the day sharply higher recouping Wednesday's decline partly on a stronger dollar. "There are not many professional in the market. The same people that sent shares lower on Wednesday pushed it higher today," a dealer said. The all-share index climbed 1.20 per cent to 1,380.01
        155 words
      • Article
        Frankfurt
        219 20 -0.51 Priccs on the Frankfurt bourse closed yesterday's official session virtually unchanged from Wednesday, and dealers predicted the market would continue pacing on the spot until new incentives emei^e. The DAX index closed down 0.51 point at 2.023.33. off the day's low of 2.014.86 and at its highest level
        219 words
      • Article
        Zurich
        218 20 -11.44 Swiss shares closed weaker on profit-taking, with a falling SMI future adding to the cash market's weak sentiment. Volume was moderate overall although bourse trading was hectic at times. The broad SPI eased 11.44 to a provisional 1,714.51. Zurich No* II Fraacs Ahuwc Br 52* J Blown Boveri
        218 words
      • Article
        Johannesburg
        268 20 +35 Gold shares extended gains through the afternoon amid steady bullion price gains and strong interest from local and offshore players. The gold index was 76 points, or 4 per cent, better at 1.976 and the industrial index was 35 points up at 4.607. The overall index was 59
        268 words
      • Article
        Toronto
        319 20 +21.48 Stocks, buoyed by soaring precious metal issues, hit a new intra-day record in early trading yesterday. The TSE 300 composite index jumped 21.48 points to 4,291.01 on volume of 17.02 million shares valued at C 5127.01 million. The market earlier soared to a new intra-day high of 4,292.22.
        319 words
      • Article
        New York
        786 20 +5.59 The Dow Jones industrial average was ahead 5.59 points to 3,669.14 at 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.55 to 257.12, while Standard Poor's 500-stock index was up 0.99 to 464.71. Advances topped declines 909-744 among the 2,361 issues crossing
        786 words
      • Article
        Milan
        145 20 +3.2pc Italian stocks gained strongly as telecommunication shares rebounded after tumbling for several days. Traders said the market was helped by several Senate votes and a bureaucratic formality allowing a restructuring pf the telecommunications sector to go ahead. The Mibtel index of screen-traded blue chips closed up 3.2 per
        145 words
      • Article
        Amsterdam
        248 20 -3.14 Dutch stocks closed lower as earnings from Royal Dutch/Shell Group disappointed investors, traders said. The EOE index of 24 leading Dutch stocks ended 3.14 points lower at 374.85. Leading the decline were ABN AMRO Bank NV, Royal Dutch and Unilever NV. Together, they lopped 1.38 points off the
        248 words
    • Article, Illustration
      Lock icon HONGKONG
      2823 21 Bloomberg Business News HONGKONG Stock prices surged to a record close yesterday on signs that Britain and China may be able to reach a compromise in their longrunning dispute over political reform in Hongkong, traders and analysts said. The Hang Seng index ended up 349.39 points, or 3.74 per
      Bloomberg Business News; Source: Bridge Info  -  2,823 words
    • Article, Illustration
      CHINA
      439 21 BOTH the Shanghai and Shenzhen B markets closed marginally better yesterday. In Shanghai, Jinjiang Tower and Jinqiao were hotly chased by institutional investors. Both finished with a 6 per cent gain in heavy turnover. Vacuum was the bigger loser closing 9 per cent lower. Investors continued to unload holding
      439 words
    • Article, Illustration
      Lock icon TOKYO
      2440 21 Reuter TOKYO Share prices closed marginally mixed yesterday as the Nikkei average closed higher helped by firmer prices of large capital issues such as NTT and JR East, while the broader first section Topix index finished slightly weaker. Share prices rose sharply in the morning due to bargain hunting,
      Reuter; Source: Bridge Info  -  2,440 words
    • Article, Illustration
      Lock icon BANGKOK
      1683 21 Reuter BANGKOK Stocks closed at a new record high on strong buying of banking, cement and property company shares, brokers said. The SET index rose 23.64 points, or 1.75 per cent, to close at 1,371.26, breaking the previous record of 1,357.75 set on Nov 2. Advances led declines 160
      Reuter; Source: Bridge Info  -  1,683 words
    • Article, Illustration
      Lock icon JAKARTA
      1098 21 Reuter JAKARTA Share prices closed firm in moderate late trading yesterday, brokers said. The official index rose 1.12 points to close at 511.35. "The market picked up in the afternoon session after London opened. In the morning. Indonesia was left behind because fund managers were focusing on the rising
      Reuter; Source: Bridge Info  -  1,098 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2502 22 Source: Bridge Info Source: Bridge Info Gr Or 1993 Last Vol Day Lot Qmotr Dh Oh YM N«t M Cap High Law Compaay SaJr C000) H*li Low Bu,er Seller O P/E Sail MALAYSIAN STOCKS 105 102 MSB MX 175 cd -5 10 175 170 171 179 5.0 0.8
      Source: Bridge Info  -  2,502 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares surge as investors snap up blue chips
        5596 22 KUALA LUMPUR Share prices surged to a higher close yesterday, as punters shrugged off earlier reserve and briskly snapped up selected blue-chips and speculative shares. The all-share Emas gained 6.19 points to 288.43 while the Composite Index was 16.71 points up at
        Source: Bridge Info  -  5,596 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Prices firm up on hopes of good economic results
        7293 23  -  By R Sivanithy SINGAPORE Share prices here ended higher for the second consecutive day yesterday as investors bought in anticipation ot good third quarter economic results. Fuelled by strong institutional buying of blue chips, the Straits Times Industrials Index added 28.07
        Source: Bridge Info  -  7,293 words
      • Article, Illustration
        Lock icon UMW Holdings
        70 23  -  HOT STOCK Paul Leo UMW Holdings investors should take some profit at $4.92. Even though the long-term picture is rosy as indicated by directional indicator MACD which has just given a buy signal, the daily and weekly RSIs are in overbought territory. The stock will correct back towards
        SOURCE: IRIDd INFO  -  70 words
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      197 11 There's nothing quite like driving the new Impreza. xIF-\ IMSimtfJ JM JM i v K Hf H*«/ The all new Subaru Impreza it's a completely new model it inSedan is a brilliant "true" 1600 cc corporates the most advanced class car that redefines the joy of automotive technology and latest
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      160 12 PASSAGES# FOR ASIA'S FREQUENT FLYERS Credit us with good business sense Good business sense deserves credit. With Swissair's participation as md-ii SR 183 Daily a European partner airline in Passages, Asia's Singapore dep 2215 via Bangkok exciting, premier Frequent Flyer Programme, you now Zurich* an- 0625 have another way to
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      212 12 EXHIBITION I 1 hiAbh ijKk m Jm kg SSI i i Another Golden Opportunity To Invest In Malaysia A SPECTACULAR Orkfi A P artici P ation of a r e nowned PROPERTY INVESTMENT fcllU and reliable group of Developers OPPORTUNITY. and Real Estate Agents. BACK BY POPULAR DEMAND EJOHBOBDHD Amto
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      226 13 was a tall order. Filling 635,000 sq. ft. of new office space, at a time when 19 new buildings in |1 ■Mil I Iflfl 111 Alfl 1 m 111 111 |1| Ad 11 ■ilifj Viß ll the vicinity are offering a of 3.1 prove a any company. why the Group
      226 words
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      466 14 B'r m m 1m K. 1. m 1 1 B V I I I fn9^M)\\\i iltli I 111 I 1111 T|l JJ I I J a I I B I As|«f M M \l Ns/^—Jlr V M S For a career with significant returns, scan our earth for high-growth spots.
      466 words
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      1216 16 imm H=* L&M GROUP INVESTMENTS LIMITED (Incorporatad in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Shareholders of the Company will be held at 13 Third Chin Bee Road, Singapore 2261 at 11.00 a.m. on 29 November 1993
      1,216 words
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      111 17 riH? W f First mobile phone and fax with pen-based computing: the AT&T EO 440 Personal Communicator. 1993 First to send color JyxIOCISSCy ima B es and voice, over ordinary phone lines: AT&T Picasso Still-Image Phone. 1992 FirstPßX Hgffl to use RISC technology: DEFINITY® raj|9 Communications Systems cordless fl phone
      111 words
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  • Page 18 Advertisements
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      185 18 f Ifr i P^^fl '^J?' 1 KUALA LUMPUR V\ \\fjj 7 mCjm v\ Worldwide Foresight Focus on Labuan, Malaysia Opening on 12 Nov 1993 As change and opportunities arise in South East Asia, BNP is committed to serve your diverse financial needs. Our new offshore branch in Labuan, Malaysia with
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      Page 18 Advertisements Column 2
      139 18 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883• FAX:'74I-129« BUSINISS DEVILOPMINT ■XECUTTVI for proposed Singapore Office A leading US-based shipping company seeks a creative, energetic and highly motivated executive to join its Business Development team in Singapore. The successful candidate will have a strong background in economics, finance, and a solid grounding
      139 words
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      163 19 busin^^tmiv^S TOLL-FREE TEL. No. l-JOO-741-iaM FAX:7*I-12— NOTICE NOTICE IS HEREBY GIVEN that, I Teo Hock Heng of Blk. 45 Marine Crescent #05-32, Singapore 1544, have applied for a First Class Beer House Licence in respect of premises at M/s SI Sawadee Place at Blk. 2 New Bugis Street, #01-01 #01-03,
      163 words
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      33 19 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Wojfer* the <n° st tcurrw l t list o/ job ■F opportunities m
      33 words
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      200 21 1 With TELEKURS, your doily fund processing begins when the market closes wherever the market, t A whatever (he time zone. The wait for late price feeds is eliminated Newspaper ond regulatory jpP deadlines are easily met. g% o*\ TELEKURS supports all your valuation pricing ond corporate announcement requirements with
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      111 23 Fly to one of KLM's 78 destinations in Europe between September 15, 1993 and March 15, 1994 and only will you benefit from excellent connections at Amsterdam's Schiphol Airport -21 times voted world's best but you could also fly away with diamond, free world travel and accommodation than 300 other
      111 words
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  • SPORTS
    • Article, Illustration
      Lock icon Zimbabweans Price, McNulty have home advantage
      374 24 World Cup of Golf Golf Reuter ORLANDO, Florida Zimbabweans Nick Price and Mark McNulty admit they have a distinct "home course" advantage which makes them strong favourites to win this week's World Cup of Golf. Price, who lives in Orlando, has been a member
      Reuter  -  374 words
    • Article, Illustration
      Lock icon Scotland counting on me: Montgomerie
      334 24 Reuter ORLANDO, Florida Colin Montgomerie says it's up to him to help Sam Torrance win the tournament for Scotland for the first time. "That Scotland have never won it seems strange," Montgomerie said. Scotland, the birthplace of golf, has finished second in the World Cup
      Reuter  -  334 words
    • Article
      Lock icon Veteran Palmer replaces Daly in Skins Game
      183 24 AFP PALM DESERT, California Golfing great Arnold Palmer has replaced suspended former USPGA champion John Daly in this month's Skins Game. Daly was suspended from the PGA Tour on Sunday after his disqualification for picking up his ball during the second round of
      AFP  -  183 words
    • Article, Illustration
      Lock icon Try and catch me if you can
      37 24 Reuter GALASHIELS, Scotland All Blacks captain Robin Brooke scoring one of New Zealand's numerous tries as a hapless South of Scotland defender looks on during their match on Wednesday. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Flamboyant boxing promoter on how to be king of the road
      464 24 AP PHILADELPHIA Boxing promoter Don King advised students at the prestigious Wharton School of Business to "rhapsodise and soliloquise." Whatever that means. King talked and fielded questions for about 90 minutes on Wednesday night at the University of Pennsylvania.
      AP  -  464 words
    • Article, Illustration
      Lock icon George Chuvalo's life after boxing
      634 25  -  By Dave Anderson NYT HE WAS 34 then, a heavyweight with a chin that seemed to have been transplanted from the Canadian Rockies. In 90 fights over 18 years, he would never be knocked down in the ring. Not when George Foreman battered him in
      NYT  -  634 words
    • Article
      Lock icon NBA will open 1994 season in Japan
      247 25 AP WASHINGTON Next year's National Basketball Association season will begin with games in Japan, league commissioner David Stern said. In addition, the NBA plans to increase the number of preseason exhibitions in Europe for 1994. Stern also said the league would consider playing
      AP  -  247 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        441 25 Reuter Reuter NEW YORK Patrick Ewina bounced back from a miserable offensive outing to score 28 points on Wednesday night, and the New York Knicks remained undefeated by beating Washington 92-84. Ewirig. who also grabbed 14 rebounds, scored only eight points on Tuesday against Philadelphia, ending a string of
        Reuter  -  441 words
      • Article, Illustration
        Lock icon Golf
        52 25 AFP GOTENBA, Japan Taiheiyo Masters Ist rd scores Thursday (Japanese unless stated): 66 Masashi Ozaki 67 Yoshinori Mizumaki 68 Chen Tze-chung (Tai), David Frost (SA), Barry Lane (GB). Selected: 70 Greg Norman (Aust). Todd Hamilton (US) 71 lan BakcrFinch (Aust). Craig Parry (Aust). Peter Senior (Aust) 76 Samson Gimson
        AFP  -  52 words
      • Article, Illustration
        Lock icon Ice hockey
        36 25 Reuter NEW YORK NHL WednesdayPhiladelphia 5 Buffalo 3; Hartford 4 Ottawa 3 (OTy, Florida 3 Montreal 1: New Jersey 5 NY Islanders 3; NY Rangers 2 Winnipeg 1; Vancouver 4 Los Angeles 0. Reuter
        Reuter  -  36 words
      • Article, Illustration
        Lock icon Rugby
        256 25 AP Reuter GALA, Scotland Zinzan Brooke scored four tries and Shane Howarth contributed 34 points on Wednesday as the New Zealand All Blacks crushed the South of Scotland 84-5. The All Blacks made it six wins out of six on their British lour in a convincing way. despite fielding
        AP; Reuter  -  256 words
      • Article, Illustration
        Lock icon Tennis
        271 25 Reuter AFP AFP NEW YORK US Davis Cup captain Tom Gullikson said Wednesday that he expects world No 2 and Australian Open champion Jim Courier to play in the first round tie in India in March. "Jim indicated that he is ready to go. He is ready to play,"
        Reuter; AFP  -  271 words
  • Page 24 Advertisements
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      197 24 v tflr ft ■*>,' J x Mmt:.. je «k. h~ m ddtif MLake Imincli truly an occasion woirtli savouring Lome and dine at Alkaff iVfansion Lunch at Alkaff Mansion is not just an exercise for the appetite, it is an experience in nostalgia an experience back to the halcyon days
      197 words
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      Page 24 Advertisements Column 2
      314 24 The surest wsy to get official data on the French economy and Treasury securities is to take out a free subscription to the Monthly Bulletin of the Ministry of the Economy t MINISTERE DE L'fcCONO MIE To receive this bulletin free of change, complete this subscription and send it to
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      187 25 Another Golden Investment Opportunity rwjtfKdZ] THE INTERNATIONAL REAL ESTATE '93 |g||OTH Topics: Inv/pctrnpnt INTERNATIONAL REAL ESTATE '93 will Opportunity in the States JUSTCAU feature a wide spectrum of properties in Keynote speaker I 3 7"UwO I residential, commercial, industrial and land Mr Harold Coiium Make the connection parcels from Malaysia,
      187 words
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      189 25 window wott-mi INDONESIAN ECONOMIC Mil AND JSkJ BUSmESS 1 This week's highlights >. Deregulation package v I vs local officials f/v I Bahasa Indonesian >> U.S policies toward > Road to the realisation ECONOMIC BUSINESS REVIEW INDONESIA In today's competitive business world informational a key factor which wfll give the
      189 words
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      682 26 Nothing Beats A Bud. OP ".J Alan Ng, food writer of Lianhc Zaobao,"lt's a high tea of distinct difference from those we had tried locally Why go Penang? Princess Terrace Cafe introduces Penang High Tea with favourites like Penang Laksa, Fried Kway Teow, Bubur Hitam, Hokkien Mee and more. Adult
      682 words
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      317 26 WHERE TO WINE, DINE AND ENTERTAIN Make Up For Every Meal You've Had To Skip This Week If you've been living on a solid diet of work-and-not-much-else lately, give yourself a well-earned rest and head for the Plaza Hotel's Seafood Theatre Restaurant this weekend. Select any item from our special
      317 words
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      Page 26 Advertisements Column 3
      378 26 appoHiffi ■</> »er« or* tlx tqually I dalkioui omi to cKoom SO iw«>t towptoHom. Tali* your pick. a now country ovmry month. H> shMms GrMroom Lunch: Noon put Onfy $30++por porton. for r»m »uHun>, ploato MM *****51 f 1 L V ..fc*4r- \> IUOMiMIRnd I r fcpp- wn ypMii I
      378 words
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  • LIFESTYLE
    • Article, Illustration
      Delightful treats
      587 27  -  Deepavali falls tomorrow, but Harish Mehta has already started celebrating at the dinner table Harish Mehta Lovers of trotter soup are a cliquish kind. Back in my cub-reporter days in Bombay 15 years ago, a hungry gang of us scribcs would congregate at a poky little eatery that
      587 words
    • Article
      Lock icon Kubrick returns to science fiction
      199 27 Reuter STANLEY Kubrick, the expatriate American director whose Him, 2001, revolutionised the cinema 25 years ago. is working on a new science-fiction movie about robots in New Jersey. Kubrick's next film will be an epic about artificial intelligence titled At. Warner Bros said. The film
      Reuter  -  199 words
  • Page 27 Advertisements
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      318 27 GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream, cappuccino and of course don't miss our most-talked ahout dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 #01-03 ROYALVN.LE BUKIT TIMAH ROAD SINGAPORE 1027 TEL 4fiB 4920. 462
      318 words
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      Page 27 Advertisements Column 2
      139 27 -> Sloamod Chicken Vegetables Seasonal Vegetable u p with Black •vi C® 1 Pu-Tien Fried Bee Hoon MAPLE LEAF Restaurant 390 Victoria Street #01-01/08, Golden Landmark Shopping Centre Singapore 0718 Tel: *****15/6 Business Times/ Telecom Shares Contest RESULTS Congratulations to all the winners listed below. The first prize winner has
      139 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      1268 27 TV RADIO hemihhm 1 I Midnight Run, 10.45pm, SBC 5 r k -&W m m* Robert Dc Niro plays a bounty hunter who goes after a run- t away aceountant (Charles Gro- I din). Turns that the number cruncher stole millions *J»* from the Mafia and gave to the poor.
      1,268 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Coke steps up China presence
      551 28 Just one extra can per person a year means a billion more sales AP IF CONSUMERS in China drank an average of just one extra can of Co-ca-Cola a year, the soft drink maker would sell over a billion more Cokes. Numbers like that make
      AP  -  551 words
    • Article
      Lock icon Backer Spielvogel names successor to creative director
      368 28 NYT Backer Spielvogel Bates Worldwide in New York, continuing a revamp under Michael Bungey, its new president and chief operating officer, has hired his London creative partner, Andrew Cracknell, as worldwide executive creative director. Mr Cracknell, 47, succeeds Bill Backer, 67, who is
      NYT  -  368 words
    • COPY LINES
      • Article
        Lock icon Seiko switches to DDB Needham
        113 28 NYT NEW YORK The Seiko Corporation of America in Mahwah, New Jersey, said on Monday that it had selected DDB Needham New York to handle its estimated US$lO million account (5515.7 million) for the Seiko Time division, which had been at AC&R Advertising in New
        NYT  -  113 words
      • Article, Illustration
        Gem of a timepiece
        44 28 SINGAPORE S A Desco, sole agent in Singapore for the Maurice Lacroix timepieces, has launched a new "Scala" collection. Scala watches are equipped with date, second hand, sapphire crystal, and are water resistant to 30 metres. Prices start from $690.
        44 words
      • Article
        The write stuff
        94 28 SINGAPORE Enterprise Promotion Centres is organising a seminar on how companies can make the most out of press advertising. The seminar on November 26 will bring together newspaper owners, advertisers and advertising agencies to discuss issues. Topics for discussion include the effectiveness of print compared to television,
        94 words
      • Article
        Cheers.. .SPH beer ads win top award
        93 28 SINGAPORE Singapore Press Holdings has won a major regional advertising award for its XO Beer press campaign. The Saburosuke Suzuki Afaa Award was presented to SPH at the 18th Asian Advertising Congress earlier this week in Tokyo. Afaa is the Asian Federation of
        93 words
    • Article, Illustration
      Lock icon Trio's vision of Asia inspires break with past
      503 29  -  Corinne Kerk reports on a fledgling company's big plans Corinne Kerk THERE is a new advertising agency in town and it is determined to be different. Fong. Haque and Soh is the name of this six-week-old baby, and its birth was planned
      Photo by Arthur Lee  -  503 words
    • Article
      Lock icon October was the wildest month at Madison Avenue
      509 29 NYT OCTOBER is often a tumultuous month on Wall Street. This time, it was quiet. But on another street Madison Avenue it was another story altogether. There is no advertising equivalent of the Dow Jones Industrial Average or the Standard Poor's indices
      NYT  -  509 words
    • Article
      Lock icon China's advertising spending soars 66pc
      147 29 AFP CHINESE advertising spending totalled 4.2 billion renminbi (SSI.I billion) in the first half of 1993, it was reported on Monday, as an official predicted that annual turnover would soar to 28 billion renminbi by 2000. The figure for January to June was up 65.9
      AFP  -  147 words
  • Page 28 Advertisements
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      270 28 Guangzhou and Shanghai. Two new destinations in China. Two more reasons for joining Royal Orchid Plus. ROYAL Thai's unique frequent flyer pro- giving our Royal Orchid Plus members flying Business ORCHID gramme, Royal Orchid Plus, has taken Class to either Guangzhou or Shanghai a special bonus off in a big
      270 words
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      Page 29 Advertisements Column 1
      197 29 S i K I I" Hill Lease a Waterside apartment; get a 'Country Club' and the sea as well Enjoy complete recreation facilities, even as you admire the magnificient sea view from your elegantly fitted apartments. Appreciate the convenient location The Waterside is close to shops and supermarkets and only
      197 words
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      Page 29 Advertisements Column 2
      19 29 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.~ fC To ackoitiie your or Nonces, 1-800-741-1883 Pn«n Strait* TUbm I
      19 words
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      Page 29 Advertisements Column 3
      95 29 WE'RE ONE UP NTUC Radio Heart FM 91.3 is the leading English info tainment radio station with 24% adults listening on a past week basis*. Not to be outdone, our Mandarin station Heart FM 100.3 has a listenership of 40%. What's more, the demographic profile of Radio Heart listeners are
      95 words
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  • Article
    Time running out for Pyongyang
    464 30 EDITORIAL NORTH KOREA'S dangerous brinksmanship over international inspection of its nuclear facilities continues to fuel concern. And it is no longer an issue that just agitates South Korea and its immediate neighbours. As Prime Minister Goh Chok long told South Korean President Kim Young Sam
    464 words
  • WHAT THE OTHERS SAY
    • Article
      A chance for peace
      306 30 DESPITE PAST FAILURES, there is now more hope of a peace settlement in the southern Philippines, where Muslim rebels have been seeking autonomy for more than two decades. The ajgreement between the government and the Moro National Liberation Front (MNLF), signed in Jakarta recently, to set-up
      306 words
    • Article
      Back to one-man rule
      183 30 IT IS AN IRONY that Russia is now seemingly back to a Czarist system of one-man rule despite mounting Western pressure for democracy. However, President Boris Yeltsin represents the only hope for the West to see some changes in line with democratic aspirations. Based on the
      183 words
    • Article
      US foreign policy faces test
      168 30 THE NEED TO SAFEGUARD the United States' political and economic interests has seen President Bill Clinton taking a keener interest in the Asia-Pacific region. Indeed, this is one aspect of his foreign policy that is worthy of affirmation. Mr Clinton has, on several occasions, stressed
      168 words
    • Article
      Money and politics
      227 30 IT HAS BEEN REVEALED that the leading vice-pres-ident of Kajima Corporation, who was arrested on charges of bribery in connection with scandals involving general contractors, had handed over five million yen at the end of last year to Ichiro Ozawa, then Liberal Democratic Party secretary-general and now
      227 words
    • Article
      Higher education in M'sia
      133 30 FOLLOWING MALAYSIA'S privatisation success in education, the government is now said to be reviewing the Universities and University Colleges Act to allow foreign universities to establish branch campuses here. The success of our twinning and transfer programmes has made Malaysia one of the most privatised higher
      133 words
  • Article, Illustration
    Lock icon Making progress on Nafta
    880 30  -  The supporters of Nafta, led by US President Bill Clinton, still have a long way to go in winning the Congressional vote. But Washington Correspondent Leon Hadar discovers they have scored a few points Leon Hadar THE BATTLE over the North American Free Trade Agreement (Nafta)
    AFP  -  880 words
  • Page 30 Advertisements
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      407 30 GOLF LOWERYOUR SCORE k WITH KOALA GOLF SCHOOL 1/ 7* l/r (T\ MELBOURNE SYDNEY GOLD COAST I/If«— TO A GREAT sr^r-n® 7 A -a. M Sng*x»fAu«trlfca/S*igapor» artcket Airpofl/HotelAirpori transfer PARTICIPATINO AIR VfiUR BRITISH AIRWAYS I Personafcsed s*l -hour golf lessons/ Holei/golf coursartwtel transfer I •QANTAS airways U II if f)f
      407 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      43 30 rud ih conclusion plcpac look o**yac OUR. FftfV4eß IN TWC UDRG&S DePpJ^TMeMT.. 'r 'tr—■ C«WBO>T»WWiMHIim.IWMH DOONESBURY GARRY TRUDEAU Hoofs STILLSTAND- AND IT HAS BOOPSte! TURNS. TZ M ACTUALLY AFfIMIUARSmt UK£ A&YOU M-TM TH&&L&6 OHAT r HAHBUR6&S' BOOPSIZ. ALLZMT* OUT IN TH£ UI&UKB OOCi€CK
      43 words
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  • ANALYSIS
    • Article, Illustration
      Umno sorts out succession with proven leaders
      1522 31  -  Last week's Umno elections have thrown up a new leadership line-up. Regional Analysis Editor Yang Razali Kassim, who covered the event, comments on its significance Yang Razali Kassim, DAIM ZAINUDDIN is not known to be a high-profile man. Publicity-shy, he stayed away from
      1,522 words
    • Article, Illustration
      Anwar Ibrahim: Malaysia's Prime Minister in waiting
      1444 31 AFTER the stunning victory of his Vision Team, Malaysia's rising star, Anwar Ibrahim, threw a dinner for 2,000 at his home in the posh Damansara Heights residency near Kuala Lumpur. After Prime Minister Mahathir Mohamad had left, and after many of the wellwishers
      1,444 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      29 31 asked a stronger to M) count my cash." fnence useful Jl," So "ie exm- «c 0 u»f S "f a, Nothing's strange to The Straits Times 737 ***** Classified.
      29 words
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      Page 31 Advertisements Column 2
      156 31 [jTISWgffl *WhmVMiiUlkkt HOUSE Commercial Office building in For sale at fl lit 1 Lambton Quay. Central Wellington, 67% leased, W| ji' NZ$lO 5 million h^^2e^2! Modern industrial building i BSmuT^^BP^ within 10 minutes of Central SHOPPING CENTRE J NZs4million. Leased to Briertey KflKlitll'mi subsidiary. HK Modern Shopping Centre within 12
      156 words
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  • Article, Illustration
    SM Lee urges Clinton to deal with China as strategic partner
    530 32 SINGAPORE US President Bill Clinton should use his upcoming summit with Chinese President Jiang Zemin to indicate that the US wants to treat China as a strategic partner and not a "third-world pariah", says Singapore Senior Minister Lee Kuan
    530 words
  • Article
    Lock icon N Korea calls for package solution to N-problem
    167 32 AFP TOKYO North Korea has called on the US, with which it is discussing the nuclear development issue, to agree to a "package solution" of making simultaneous compromises. In a statement carried by the Korean Central News Agency (KCNA), monitored here yesterday,
    AFP  -  167 words
  • Article
    US to lift trade sanctions if China makes arms pledge
    260 32  -  From Leon Hadar in WASHINGTON THE Clinton administration has proposed waiving the trade sanctions imposed on China for exporting missile technology to Pakistan if China commits itself not to permit such deals in the future. The Washington Post yesterday reported
    260 words
  • Article
    Lock icon China central bank official defends economic reforms
    495 32 Reuter BEIJING A top central bank official has taken on critics of his boss's economic reforms, declaring the bank has succeeded in braking inflation and excess capital investment and stabilising China's currency. Dai Xianglong. vice-gover-nor of the People's Bank of China, defended the
    Reuter  -  495 words
  • Article
    Lock icon No point prolonging HK talks if no progress soon: Patten
    300 32 AFP LONDON Hongkong Governor Chris Patten yesterday said there might be no purpose in continuing negotiations with China over the future of the colony if no progress was made at the next round of talks. The 16th session of talks
    AFP  -  300 words
  • Article
    Lock icon BellSouth to invest US$1.5b in QVC's bid for Paramount
    188 32 AP NEW YORK Bell South Corp has agreed to invest US$l.5 billion (552.38 billion) in QVC Network Inc's hostile bid for Paramount Communications Inc. A published report yesterday said the money could enable the cable shopping channel owner to raise its
    AP  -  188 words
  • Article, Illustration
    Dragon bonds are good for Asia
    943 32  -  77ze Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor DURING the past few months, while most Asian investors have been falling over each other buying and selling stocks, a quiet revolution has been brewing at the more boring end
    943 words
  • Article
    Lock icon Gulf Air signs US$2b deal with Boeing
    126 32 AFP DUBAI The carrier Gulf Air has signed a US$2 billion (553.18 billion) agreement to buy 12 Boeing 777s from the US aircraft giant. The deal announced at the Dubai air show yesterday covers six Boeings as a firm order and six others
    AFP  -  126 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      83 32 Kl The lusinessmatfs Choice Hour Choice 60 SOHVUOe PLAZA 1. 2A Na 80 Raffles Places ED Singapore 0104 *¥4 I RAFFLES "It's been described as Mission Impossible. It's very close to it." Gatt Director-General Peter Sutherland on the chances of getting the squabbling parties to reach agreement on the Uruguay
      83 words
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      Page 32 Advertisements Column 2
      89 32 Em iiHlii nin U- J fTI/nl 1 ror me umfiKire in vww r i ijui txpenence a rare 1 vi AaJßnjn ML# I I culinary oayssoy Retetvallon 538-3232 namnaawfii ALCOA HEADQUARTERS. PERTH, WESTERN AUSTRALIA. commercial investment opportunity features: Superbly located in Regional Town Centre^ Net lettable area 9.544 Tenders close:
      89 words
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  • Shipping Times
    • Article
      S'pore to convene ISO talks on setting of bunker standard
      340 33  -  Reports by Rahita Elias SINGAPORE Singapore will be at the forefront of an International Organisation for Standardisation (ISO) plan to develop a standard for bunkering. Geneva-based ISO has appointed an international group of experts to develop a draft of the
      340 words
    • Article
      PSA suspends supplier for contravening SBP
      236 33 SINGAPORE The Port of Singapore Authority (PSA) has suspended the licence of a bunker supplier for failing to comply with the Singapore Bunkering Procedure. A PSA spokeswoman told BT yesterday that this was the first time that the authority had taken such action. A
      236 words
    • Article, Illustration
      Aussie yard clinches S$6m S'pore contract
      350 33  -  By Rahita Elias SINGAPORE Australian yard Austal Ships has clinched a SS6 million contract from Singapore-based Tropic Charterers to build a catamaran which will sail in Balinese waters. The 337-passenger vessel, now under construction, is expected to be launched in February next year. Following
      350 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1128 33 Page Col ABC Containerline 12 I Accord Group 8 1-3 Africa Container 16 1 Ahrenkiel Liner 4 1/2 Alpha Feeders 18 1/2 Alprimo Freight 16 1 ANL 3 1/2 APL 5 3-5 Appcnship 18 3/4 Arabian Express 15 3 ASCL 5 5 ASXCL
      1,128 words
    • Article
      Lock icon KL to use radar monitors in Malacca Straits
      226 33 Bernama KUALA LUMPUR The government will implement the "Vessel Traffic System" in its efforts to improve safety in the Straits of Malacca, Transport Minister Ling Liong Sik said yesterday. The system entailed the use of radar to monitor ship movements in the
      Bernama  -  226 words
    • Article
      Lock icon Penang Port Commission to be corporatised in January
      303 33 MBT KUALA LUMPUR The Penang Port Commission (PPC) will be corporatised on Jan 1 next year. Transport Minister Ling Liong Sik said. Speaking to journalists in Kuala Lumpur after Wednesday's Cabinet meeting, Dr Ling said details of the corporatisation of Penang Port
      MBT  -  303 words
    • Article
      Lock icon Freight market at standstill in most sectors: brokers
      254 33 KnightRidder NEW YORK The freight market is at a standstill in most sectors with very little chartering occurring, according to brokers. Still, attention is focused on the key US Gulf/Japan grain route, where rate levels appear to be relatively firm as a
      Knight- Ridder  -  254 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        409 34 Vtud Voy N» Berth Arrival P«partot Vmd Voy No B»th VrWd Pcpartwe Marina Wharves h« hu g 9311 po3 1211/0/00 1111/0700 Batamndo 1 1423S* M01 alongside 1111/1900 HamidaH 21/93 P10 12.11/1930 1111/UW lnataik«a 46/93 P04 1211/2000 1311/0600 p at L- Ptniinr Tuniiiul featoela 26/93 P04 1211/0700 12.11/1900
        409 words
      • Article
        CONTAINER SCHEDULES
        1501 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinc/Batance Rstts Ship Voy No Etb/Btr Period From To From kx Rose 0468 12/2300 I U/1500 11/1659 11/1900 2 11/1700 12/0659 12/0900 Aci Motet 027* 13/1500 2 11/1700 12/0659 12/0900 4
        1,501 words
    • Article
      THE SHIPPING GUIDE
      10674 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. LEGEM) PN: ship calls at Penang after
      10,674 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      544 49 Carton Cation Nov enter 4 Density Hater Residue Ash Muninun Segment Density Nats Resale Ash Aknwun Se<fcnent M/M Euon Exxon KG/W3 V/V M/M 1 M/M PPM method KG/M*3 V/V M/M M/M PPM method BO/Cnuc Ijwb Spec E25 991 To 1?0 OIO 30* OUT Eastern USA 180
      544 words
    • Article
      Untitled
      303 49 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.321 on Wednesday from 1.322 on Nov 9. FIXTURES I anker: The Saudi Arabian charterer Vela quickly fixed an ultra large crude carrier from the Persian Gulf in steady trading, brokers said. The charterer quickly covered a Nov
      303 words
    • Article, Illustration
      Lock icon Rotterdam in recession
      866 50 Despite a general fall in cargo throughput, Europe's premier port still posted healthy growth for some sectors Port of Rotterdam Magazine IN THE FIRST six months of 1993 the volume of cargo handled in the port of Rotterdam was down 7 per cent over the same period
      Port of Rotterdam Magazine  -  866 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        UPS says it has 15-20pc of Asia-Pacific market share
        463 52  -  Reports by Juliette Walker SINGAPORE United Parcel Service is looking more at home in Asia these days, as it wins market share against the other three air express majors. UPS vice-president Gary Mastro, on a visit from Atlanta headquarters this week,
        463 words
      • Article
        Lock icon Asia-Pac airports risk congestion: Iata official
        373 52 AFP HONGKONG Asia's booming airline industry is in danger of becoming a victim of its own success unless the region acts now to expand capacity, the International Air Transport Association (lata) said on Wednesday. Norman Jackson, head of lata's technical department, told reporters that
        AFP  -  373 words
      • Article
        Lock icon Another blow for Air France as EC probes bond issue
        486 52 AFP, Reuter BRUSSELS The European Commission decided on Wednesday to launch an investigation into Air France to determine if it had received illegal financial help from the French government, a commission spokesman said. The troubled flag-carrier issued bonds worth 1,5
        AFP,; Reuter  -  486 words
      • Article
        US firm stepping up drive into region's new markets
        280 52 SINGAPORE United Parcel Service (UPS) is arranging its pawns to take advantage of new opportunities in the AsiaPacific air express market. The company plans to push further into China and India, and to move quickly into Vietnam once US companies are
        280 words
      • Article, Illustration
        Lock icon Blazing display at Singapore car show
        70 52 Reuter SINGAPORE In an unusual sales pitch on Wednesday, this woman set fire to the hood of a car to promote a German sealant on sale at the Singapore International Motor Show at the World Trade Centre. Along with various car and trade products,
        Reuter  -  70 words
      • Article
        Lock icon Cathay Pacific seeking to offer airport service work in China
        193 52 Reuter HONGKONG Cathay Pacific Airways Ltd is looking to provide various airport services in China's cities of Guangzhou and Wuhan in addition to the large engineering base being built in Xiamen, a senior company executive said on Wednesday. "We are
        Reuter  -  193 words
      • Article
        Lock icon BAe reported to be in talks over Swedish Gripen fighter deal
        206 52 Reuter LONDON British Aerospace pic is in negotiations to become a key partner in Sweden's troubled Saab Gripen light combat aircraft programme, UK news agency Press Association reported yesterday. "We are investigating the possibilities of future cooperation," a BAe
        Reuter  -  206 words
      • LOG BOOK
        • Article
          Lock icon Calcutta port strike ends
          112 52 Knight-Ridder NEW DELHI Workers in India's eastern Calcutta port on Wednesday called off a three-day-old strike that had paralysed loading and unloading, the United News of India news agency said. The agency quoted a port spokesman as saying workers called off their strike after an agreement
          Knight-Ridder  -  112 words
        • Article
          Lock icon Japanese airlines to cut bonuses
          105 52 Bloomberg Business News TOKYO Japan's three major carriers plan to cut winter bonuses, the Asahi newspaper reported on Wednesday. Japan Airlines will reduce this year's winter bonus for non-cabin staff by 33 per cent, while All Nippon Airways intends to cut bonuses by 15 per
          Bloomberg Business News  -  105 words
        • Article
          Lock icon Ras Tanura port under repair till Feb
          120 52 Knight-Ridder TOKYO Ongoing maintenance at the Saudi Arabian oil port of Ras Tanura will likely last until the end of February, sources close to Saudi national oil company Aramco said on Wednesday. Traders said the maintenance at Ras Tanura, where much of Saudi
          Knight-Ridder  -  120 words
        • Article
          Lock icon SAS posts 1.13b kronor loss
          95 52 AFP STOCKHOLM SAS airline (Scandinavian Airlines system) reported on Wednesday that it suffered a pre-tax loss of 1.13 billion kronor (*****.1 million) for the year's first nine months, against a profit of 616 million kronor a year earlier. For the third quarter alone, the loss
          AFP  -  95 words
        • Article
          Lock icon Suez expects higher 1994 revenues
          126 52 UPI CAIRO The head of the Suez Canal Authority expects earnings to rise by some US$6O million (5594.8 million) in 1994 as a result of a new transit fee system to begin next year, the daily state-run Al Ahram newspaper reported on Wednesday. Chairman Mohamed
          UPI  -  126 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1370 52 «i n*t tn nm n»_ Ma Dkaki GA970 2240 GA928 2355 GA976 2359 KMalil QF81 1930 QF82 2050 Qf81 1935 SQ227 2230 AattoriMi SQ25 0635 KL838 2335 KL843 0745 SQ26 2355 KL837 1540 GA976 2359 ktimn SQ348 2250 Aackiaad NZ35 1645 SQ285 2045 BA12 2200 SQ285
        1,370 words
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      15 33 i*S MAC-NELS HONG Dwiy KONG SAILINGS SINGAPORE:(O2)-*****22 NFW WAREHOUSE PSA Keppel Distripark Blk 519 #01-111
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      8 33 for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      47 33 the FAMOUS ClllßOPi ■sEXBEIS 224 1833 For more information please refer to Pg- 15 Rotterdam in recession, Pg 18 n n UPS' Asia-Pacific market share grows to 15-20 pc, Back Pg IfffilllllF Jlli3ll§^£s; LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. Business Times
      47 words
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      472 34 TSKLME AGENCIES (S) PTE. LTD. T TZ w vmrp Tel: 226-3363 MPHK) J. 9 3 9 9 JiM H 226-1972/3 r-~S.fi j"7 w Tlx: RS *****/TSKSJN. TOKYO SENPAKU KAISHA, LTD. CRNo: U*****0000N I HKAWA I 0358 10 11 *lffi 12.11 16.11 20.11 2211 2611 26 11 27.11 2111 c. ym
      472 words
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      1502 34 P—CT TO U«A HT COAtT (tCH-OOM CAUFOWA yWgWI |TO WyTWHW-W IOTPW). ——--j| SwE LUNA U7 ft 8U n7 112 11? 1112 NCH KH *03 Mi mT 312 **********2 12 11 112 CM FMNA MERCURY 5 24 25 11 2 1312 15 2 16 12 1412 14 2 IS 12 IS
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      1675 35 OOCL (3) PTE LTD JARDINE SHIPPING AGENCIES PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 TEL: *****13 FAX: *****42 ,r»i iTW*Rn> PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) )pQH TEL 7Q3/4 *****6 BOOKINGS TEL: *****80 *****81/ *****82 p gudan g TEL: *****2/3 FAX: *****4 (OPNS) i
      1,675 words
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      1579 35 aHUßuaaaaflua U. S. A. /CANADA NEXT AVAILABLE SAILINGS I SL VOYAGER V.204E ETA SIN 15TH NOV 1993 MC-KINNEY MAERSK V.9310 ETA SIN 16TH NOV 1993 LUNA MAERSK V.9318 ETA SIN 17TH NOV 1993 I I vassal Voy ETA ETD F««3«r by SUM DESTINATIONS I ITA I Th. Mak MC-Wt*ev MAERSK
      1,579 words
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      1512 36 AQABA R'DAM/ le also accepting from VESSEL VOY NO SPORE JEDOAH (VIA JED) S TOW HBURG AWERP HAVRE WEST MALAYSIA LUOWIGSHAFEN EXPRESS 10/344 13/11 22/11 28/11 1/12 4/12 6/12 8/12 Port Ke4ang, Penang KIRISHIMA 01/145 17/11 4/12 7/12 5/12 Pm Qudang LEVERKUSEN EXPRESS 15/345 20/11 29/11 4/12 6/12 11/12 <3/12
      1,512 words
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      557 36 EE3BI FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aH services C.I.S.- Vootochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Rigs, Baku, Irkutsk, Alma Ata North Korea e Vietnam e Mongolia e Hungary CSFR e Poland ocT^Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANOA-BATA Feeder Vtssd iTA SIN
      557 words
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      1206 36 NORASIA CHINA SEA 344* 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 I NORASIA SAMANTHA 9346-3 02/12 22/12 25/12 26/12 26/12 27/12 28/12 29/12 30/12 31/12 I NORASIA SUSAN 9347-3 09/12 29/12 01/01 02/01
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      2002 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 020S Tel: ***** M Fax: *****17 BIimiFIIMHWJ 111 imi»i lUI WMJJ»IIMI J1 VLA nkw qihwea pacific urn ESMSSEESMMMME3M (a service OF chma mawsatkjn coi ACCEPTS CARGO DUE SJUIS STRAITS PUtt V23E KK. Stun. Ta« 10-11 Nw In
      2,002 words
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      Page 37 Advertisements Column 2
      2087 37 SINGAPORE AGENT: n PAO Containers (Singapore Agencies) Pte Ltd I |V 1 W I aW 111 I 4% 1 Ilcrs 10 Hoe Chiang Road #07-01 Keppd Towers. Singapore 0208 U T#( 225 2233 Tetex RS ***** pnoCSP Fax: 225 5327/222 7517 CR Number **********0Z T. VESSEL VOY >MQ •HO $SN
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      548 38 i§K EKA JAYA AGENCIES >3Jir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYAHMAM TWADg PAOEB HANOPHOm/PMECT w*uam wmm 2HOtM WUMIHHW n». TAW/MAWOJ sum ii mm am— MO CHI MWM CfTY TRADg HMWY HOK uaocu 777MW/M4TOH "Slvimcmaw reH7iyMIMW ►TO MYANMAR/YANGON »> BCMI CONTAINER SERVICE M OCEANLINES wl/wt store
      548 words
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      Page 38 Advertisements Column 2
      1515 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: J *****1 2^ 5 fn# Wl SW IK HAUL S(A m FDD VSt SW IK HAUL SAV HM NYC HANM ROTTEROAM 02« 11/11 DKCT 2/12 4/12 ""SIX \i',\\ I 8/E N/12«/!! HANM FELIXSTOWE 01* 18/11 «R£CT S/12
      1,515 words
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      Page 38 Advertisements Column 3
      1413 38 Im s» use ws iu ws ki oa kt w no lu os u ntcun w n w k no m m 8181 AE 041 14/11 11/11 17/U 21/11 22/11 71/11 25/11 21/11 20/U 27/11 J/12 21/12 21/12 21/12 4/1 5/1 0/1 J/1 1/1 11/1 21/1 1/2 E6UAROAEO4S 14/U 17/11
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      1675 39 II I sex: 'CALIFORNIA LUNA 61E' eta sgp 17/11/93 II H Mgg I ARRIVING LOS ANGELES 04/12/93 IN 16 DAYS HI I I aex:'CALIFORNIA ZEUS 52E'ETA SGP 19/11/93 HI I ARRIVING NEW YORK 12/12/93 IN 22 DAYS H EXPORT TO: P9W/PHWIBW4WW CAUrONMA MXfMtt (9CX) TPs U»»C —U» MKMMST— UMC CANADA
      1,675 words
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      Page 39 Advertisements Column 2
      1029 39 SINSOV SINGAPORE SOVIET SHPPMG CO PRIVATE LTD BOOKMGS: BALT ORENT LME: *****64 FESCO: *****06 ENQUWES: *****33 BLASCO OOESSA: *****51/*****31/*****13 WYENTORY: 53S r 145 INWARD: *****81 OUTWARD: *****80 TRANSHPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 WHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR
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      1338 40 44 AS AGENTS *1" LINE (SINGAPORE) PTE LTD |CB Ho: **********0K] K TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W ltT MALAYSIA: "I" LINE MARITNE (MALAYSIA) SON BNO I Mm TEL. SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA: P.T. SAAANA LAUTINTERNUSA, TEL: JKT
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      1019 40 PHI LI-on If NT LINGS PT€ LTP 4% 108 Robinson Road #07-00 GMG Building Singapore 0106 I Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION if AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 14 NOV SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 14 NOV AUCKLAND. WELLINGTON. LYTTLETON, NEW
      1,019 words
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      966 41 PACIFIC INTERNATIONAL LINES (PTE) LTD I *****555? 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I SSBSSS>S CH NO: 100a*****006 nnaa c 1 I .7.7 VESSEL VOY UN JKTBM -J v VESSEL VOY SIM r MAJAPAHIT Ml 14/11 17/11 21/11 p KOTA SASAS KSB29N 14/11 17/11 21/11 BUNQA TERATAI 35*3
      966 words
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      Page 41 Advertisements Column 2
      1397 41 VESSELS vot SUM HMIIt ROTTERDAM WlWf THAMES LI HARKE it OC TITMM 0330W 12/11 00/12 11/12 12/12 14/ M ADAM ABRAHAM 7131W 24/11 10/12 20/12 21/12 22/12 24/12 HP MARSCALIS M3IW >1/12 20/12 20/12 31/12 Iwwwcwn 7331W H/12 »»/>» M/ 01 9™! •ALSO ACCEPTOR CARGO TO ALL UK KSTMATIONS. SCANMMVUW
      1,397 words
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      Page 41 Advertisements Column 3
      409 41 %jja MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loadini for Yanjon (Rangoon) Sport P.KIj Pm P.Gdf TAUNGGTI V473W 17/11 Nov PAGAN ****** 20/23 No* MERGU VI2IW 24/25 No* HPA-AN VI97W 05/00 O* MAUTSU AGENTS OOUSUAD SNTPMC AGENCES U1 IU 03 *****00 PRE: IE 03 3M0757 rot iu o*-(ui3S ra>
      409 words
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      3017 44 Conventional Semi-Container Fuii Container Liner Services Liner Services Agents. Money s Agents: General Agents: Bonking Agents: General Agents: Bonking Agents: Gun Gun Shying S4n Bhd Cheng Ckiao Skipping S4n BM t.T. Global Pntra Indonesia Maritime Yick Fung Shipping A sum* Freight 9eeuag lecky Trees** t Costar Shipping Pie Ltd s***
      3,017 words
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      592 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 15/11 ROTTERDAM 15/TI MRHUS/COPENHAGEN 15/tl HAMBURG/BREMEN 15/tl MARSEILLE/FRANCE 14/11 FELIXSTOWE/UK 15/TI BARCELONA/SPAIN 18/TI LEHAVRE/FRANCE 15/TI GENOA/ITALY 13/TI ANTWERP/BELGIUM 15/TI LOS ANGELES/WC/Kt 14/TI SYDNEY/MELBOURNE 14/11 NEW YORK/EC 18/TI FREMANTIE/ADELAIPE 18/TI VANCOUVER 17/TI BRISBANE 19/11
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      906 45 i vov i" m. «t 11 Bjr g chaiva hum Hi _fh mpt tw js/ii_ SEROJA 732H fh m w sat WW Hp I VESSEL VOY SIN BKK BHATWA BHUM «S Sun Wll 17/11 PgRKASA MM Fri In W Tm IS/11 H| DRAGON SENTOSA WW Fri |tw PI Tw 10/11
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      Page 45 Advertisements Column 3
      587 45 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS pi DONGNAMA LINE .'..ii > KSSEL VC MB M H K lU.SDAS *312* 11/11 a/11 22/11 vu vu SMOWC TKAOd V3UN 25/11
      587 words
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      1504 46 MS-NKLS SPORE: 22W022 (24 LIHEB) JV \ZJcmL IT BIBU (064) *****9 KUCMINQJO62) *****3 PENAN** (04) *****6 BANGKOK (062) *****67 SJSSin r P.KILANQ: (03) 3M2677 JAKARTA: (21) *****07 BURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE 5 PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 14/11 15/11 16/11 Honf Kon f Ganoa/Barcelona 22/11
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      Page 46 Advertisements Column 2
      166 46 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD n» CTA n* SWK K»! KfLMK rOMNE am woe 15/11 Loading tor tote ■UVM HUDHU 25/11 Dnctwtini and Lo*knf lot Bombai OaPHM U/11 lo*din( for Male men sum* le/ii loading For M«K UMCHM 12/U loading For Mak ptosxfss inn 20/11 loading
      166 words
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      1042 46 J3 THONG SOON UNES PTE LTD I 78 SHENTON NAY #10-01, SINGAPORE 0207 W VHy Ttt: 227-5088 FAX: 227-6011 E N^L ._y- TLX: RS ***** CAIRO, RS ***** JENHOL CABLE: TOSOCO Wr SINGAPORE TO SARAWAK VESSEL |m Is POKE IWST VESStt |VOT S'POtE PUT EQUATOR JADE 95/3E 16 NOV KUCHING
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      636 47 snipping iiiucs, rnuiji hukcuiuw a* mw WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE SXPTWG SKMBULK SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. I. TOKYO*. MANIA*. DAVAO*. PwiMf* P. Kdani Sinfapore E'Msia* XAMALEVERETT VISE 21/22 Noy 23/24 Nov KARAMVtRETT VI4E 30 Nw/1 Dtc IVYEVERETT V7E 3/4 Jan 5/6 lan ACCEPTMG BREAMBULK FCI
      636 words
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      Page 47 Advertisements Column 2
      327 47 in SUMY mVIGATmiI CHOMP f REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* J CR NO: **********0N -j SP PKL PNG KAO GLORY SELATAN IX 18/11 20/11 23/11 3/12 TIMBER ROYAL 7/11 9/11 jj SP PKL HCM HK KAO GLORY SELATAN VII 20/11
      327 words
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      Page 47 Advertisements Column 3
      588 47 PAKISTAN NATIONAL SHIPPING CORPORATION I] KARACHI BREAKBULK A CONTAINER SERVICE DOT I SW KARACHI I SMtGOOH* 130-HW 20/11 5/12 I ggg 143-HW 10/12 20/12 I" BOIAH IX-HW H/12 2«/12 I HYPERABAD 124-HW 21/12 9/01 I FAR EAST CONTAINER SERVICE ONLY VQT MR KG |BSR I OS* I NAtS"* YQK I
      588 words
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      Page 47 Advertisements Column 4
      562 47 FORTNIGHTLY DIRECT CONTAINER SERVICE HI SIN TO DURBAN/ P.ELIZABETH I 3 SESSCL SIN DURBAN P.ELIZABETH SIN II 1 *JASHUNHE V4B/49 19/11 S/12 8/12 26/12 II J 4UAQINGHE V4B/49 4/12 20/12 23/12 11/1 I ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN I 1 BOOKING AGENT FOR COSCO I J LCL CONSOL
      562 words
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      Page 47 Advertisements Column 5
      265 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 SjN CHINA 14/11 GUANGZHOU/HUANGPU/SHENZHEN F UZHOU XIAMEN SHANT OU SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UN 15/11 LDN/FLX/LVP/SOU 15/11 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary
      265 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      754 48 HONG KONG/CHINA 14/11 JAKARTA 14/11 BANGKOK 14/11 MANILA 4/1 BUSAN 14/11 KEELUNG 16/11 TOKYO/KOBE 14/11 KAOSHIUNG 20/11 POUT KELANG/PENAN6 15/11 YOKOHAMA 20/11 COLOMBO 14/11 FELIXSTOWE/HAMBURG 15/11 CHITTA6ON6/MADRAS 14/11 ROTTERDAM/LE HARVE/ANTWERP 15/11 BOMBAY/KARACHI 15/11 BARCELONA. MARSEILLES. 6ENOA 14/11 lax/nyc 14/11 sydney/melbourne ib/ii CMT LINER EXPRESS AGENCIES PTE LTD ImWi r HOT-LINE
      754 words
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      Page 48 Advertisements Column 2
      318 48 y Contemn O CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 16TH NOVEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 18 NOV PORT KELAN6 18 NOV JAKARTA 21 NOV BANGKOK 20 NOV SURARAYA 18 NOV HONGKONG 21 NOV KEELUNG 16 NOV FREMANTLE 22 NOV MELBOURNE 18 NOV SYDNEY 18 NOV BRISRANE 30
      318 words
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      Page 48 Advertisements Column 3
      338 48 Next Week's Sailings first forwarder in To: ETD To: ETD asia awarded Singapore Singapore iso 9002 BY lrqa EVERY EVERY 1 Bangkok SUN Jakarta SUN EVERY EVERY /sjZ§s\\ LJH Manila SUN Ho Chi Minh FRI (j |Dl gj EVERY EVERY bsJ Colombo TUE Limassol THUR MTEXNATIONAI SEA FREIGHT FORNMOMC Tel:
      338 words
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      Page 48 Advertisements Column 4
      125 48 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ j" HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDN EY/M ELBOU RNE/H AMBU RG/ I 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
      125 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      1157 49 I 1 I" a S& L I ASIAN PORTS M3W ZEALAIP/AifTIAHA 1 14/11 AUCKLAND 14/11 ANTWERP 22/11 1 in\ ADELAIDE 14/11 FELIXSTOWE 20/11 2of£ k-nwr 14/11 BRISBANE 18/11 HAMBURG 16/11 V?*a Q \iA) FREMANTLE 14/11 ROTTERDAM 16/11 SXbaya ÜBNE !j;i! KEELUNG 16/11 SYDNEY 14/11 KAOHSIUNG 20/11 KOBE 14/11 QTHBH rPHTo
      1,157 words
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      Page 49 Advertisements Column 2
      227 49 £N GINZA ORIENT SHIPPING CO, SX (GOSCO LINE) 1 VESSEL VOY SIN YANQON GINZA ORKNT 04/N 20-22 NOV 2S-27 NOV U STAR 06/N 18-20 NOV 23-2S NOV 8. STAR 06/N 22-28 NOV 27 30 NOV FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DEEPSEA SERVICE VESSEL VOY SRI ANTWERP TBN 01/N
      227 words
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      Page 49 Advertisements Column 3
      270 49 ||2 CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND PORTS VOY BUENOS MONTEVIDEO DURRAN JAKARTA SMGAPORE I HONG KONG I KAOOSMMA YOKOHAMA VESSELS AWES'" N. KRUP6KAYA EBOl SAILED SARED SARED SARED SARED **R®> 00/SS— QOtAHtST iio» SARED SARED 29/10 12-16/11 21/11 26/11-02/12 04/12 PRtOZERSK ERO4 04-11/11 12/11 26-26/11 10-11/12 16/12 2Q-29/12 31/12— PAVLOGRAO
      270 words
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      133 49 LEGEND: R Temperature °p A\ Thunderstorm 1 Weather Wind direction with speed m knots J V Shower Q Rom Wave height Cloudy Sky Surface winds are indicated by orrows which Hy with the wind One ful circle represents calm or light and variable winds J— One haM Heche represents 5
      133 words
    • Miscellaneous
      Page 49 Miscellaneous Column 2
      174 49 TODAY S TIDES (hajht in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.9 2.S 2.4 1.9 1.4 1.1 0.9 1.1 1.5 12 2.9 3.3 3.3 3.0 2.4 1.7 1.1 0.6 0.3
      174 words
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  • Page 50 Advertisements
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      Page 50 Advertisements Column 1
      691 50 B VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR SWGAPORE 66M8 12/11/93 20/11/93 VIGOUR SINGAPORE 66ANB 15/11/93 20/11/93 VIGOUR PACfIC 11NB 19/11/93 27/11/93 FR T MW T VIGOUR PACIFIC VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SWGAPORE VIGOUR M—?ANAO 9331N8 12/11/93 14/11/93 16/11/93 VIGOUR SINGAPORE 66N8 12/11/93 14/11/93 15/11/9? PENANG IAYA
      691 words
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      Page 50 Advertisements Column 2
      307 50 ©APPENSHIP (2\ HAMBURG \Ty CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS IOWMG PORTS OCCHARGE/lOAMNG FOR HfflA M 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 ROT LEH OKK
      307 words
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      Page 50 Advertisements Column 3
      401 50 i. cosco UKC CONVENTIONAL KHVICt VESSEL PKL PNG P.O. LOADtNG FOB: A VESSEL 28/11 Rotterdam/ Antwerp CHMA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/11 20/11 Huangpu/Guangzhou COSCO FULL COWTAWEW SERVICES (FCL/FCL) EXPORT TO: CMNA/BANQKOK/HONGKONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN QULF/KARACHI Pteas« refer above
      401 words
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      Page 51 Advertisements Column 1
      920 51 I HYUNDAI H HEBCHANT MfIRIWE II WESTBOUND TO EUROPE BKG: *****61 I VESSELS VOY Pitt PKE PSD VESSELS VOY_ SI RTM MIT* LEH* HAM BNE| FEl_ I NORASM MALACCA 9332 A 10/11 11/11 12/11 H. EXPLORER 308* 15/11 03/12 03/12 04/12 05/12 05/12 07/12 I HMM ADVANCE 31A 17/11 18/11
      920 words
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      Page 51 Advertisements Column 2
      475 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KISSEL m V N lie u TIMS UTS M BPT SLO Ml 11/11 MANE MB 4S SLB M 14/11 HISU 22 11/11 11/11 ASIAN STAR IS2 22/11 M/ll COSMC TRADER M 1/12 1/12 ■LIMB TRAKR II It/11 21/11 REJSMN
      475 words
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      Page 51 Advertisements Column 3
      932 51 EXPORT TO: JEDDAH/UK/CONThCNT I STOKE lID S TON HSURG RDAM LEH Alm Atctpto* C»t* F«: y.i y,K $asr ivms w»« wiirn IVI 'SSS" t FRANKFURT LBHESS 70/144 24/11 U/12 14/12 14/12 Rrtttrdun .to M AiiNwp. AnMk o*. HMi RIIANO 22/344 1 27/11 4/12 IS/12 14/12 20/12 22/12 MEDITERRANEAN (MED CLUB)*
      932 words
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