The Business Times, 18 November 1993

Total Pages: 52
1 52 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday November 18 1993 15'
    13 words
  • 2am LATEST
    • 49 1 Reuter NEW YORK American blue chips resumed sliding at Ipm (EST) yesterday after briefly recouping their losses due to a firm bond market and strength in three Dow components. The Dow was down 6.14 points at 3,704.63 after briefly peering above the watcrlinc. Reutcr
      Reuter  -  49 words
    • 100 1 Reuter LONDON World oil priccs yesterday jumped above US$l6 (5525.40) a barrel for benchmark Brent Blend on talk of possible output cuts by the Organisation of Petroleum Exporting Countries. Brokers said priccs rose after Iran's IRNA news agency reported that
      Reuter  -  100 words
  • Article, Illustration
    113 1 Stock market indices Wednesday Change Sill 2.096.51 t 18.5 KLSE Composite 957.81 +6.51 Nikkei 18.108.71 -137.41 HangSeng 9.506.98 -176.67 SET Index 1.361.13 -5 64 Jakarta Composite ...533.10 9.91 CLSA China B 1.302.49 +15.99 Aust All Ord 2.104 3 +20 5 FrSE 100 3,120.0 +22.5 Wednesday Pre»ious I pni
    113 words
  • 106 1 In an exodus that analysts say is unprecedented in the Malaysian stockbroking industry, more than 20 top executives from Zalik Bhd have walked out of the firm to join another broking outfit. Company officials at Zalik, which is the stockbroking arm of
    106 words
  • 26 1 A computer programmer has sued Singapore Telecommunications Ltd for alleged copyright infringements relating to a computer program used in one of its pagers.
    26 words
  • 620 1  -  By A J Leow SINGAPORE Major hotels here will raise room rates early next year, in some cases by as much as 15 per cent, to ease the pressure on their operating margins. This will be the first
    620 words
  • 346 1  -  By Conrad Raj SINGAPORE Two directors of the financially troubled commodity group Devon Industries Sdn Bhd have been charged with false invoicing on transactions amounting to more than $20 million. Managing director Nco Gim £ng and shipping department head Ong Chew
    346 words
  • 538 1  -  From Yang Razali Kassim in SEATTLE THE Asia-Pacific should be turned into a free trade area, and interim steps should be taken to achieve this in the longer term. This point was made by Singapore's Minister for Trade and Industry
    538 words
  • 415 1 AFP KUALA LUMPUR Malaysia's stock exchange yesterday acted to rein in brokers in an apparent response to widespread complaints by investors that broking houses had been imposing restrictions on con-tra-trading. The self-imposed curbs by brokers on contra deals and demands on investors
    AFP  -  415 words
  • 473 1 Reuter BEIJING China has quietly dropped its policy of slowing down the booming economy after strong opposition from provinces and state firms which have seen output plunge and workers laid ofT. economists said yesterday. The government has said the policy
    Reuter  -  473 words
  • Page 1 Advertisements
    • 172 1 CO 2233: RemovaWe CO Tuner »ith OSP Sound Processor/CO Change* Controller FUjfrSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore. Phone 235 1333 Kuala Lumpur: Phone. 757 0233 Penang: Phone 615 985/619 014 Jakarta: Phone *****9/*****8 CONTENTS News Companies S pore News 2 S pcreMsa 21 24 Regional News 3.4,5 Financial
      172 words
    • 18 1 l< fr- J Law: Pn is Handbook for company secretaries Full story on Page 23 See Page 2
      18 words
    • 23 1 ~jl j -r r Hock lx>ck Siew: 21 j f IH U Brokers bungle over rights again Mori- reports on Pajjes 10, 19
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    • 85 1 The iiottotJi Line: Rack Px MurdoMus corporate sleight of hand Each dish is brought :l to perfection with the master's touch The Superior Shark's Fin for true Cantonese cuisine connoisseurs, k We prepared it tuith a variety o/"tantalising tastes. /IM v t.;V enticing dishes for aformal g,. casual dining. /o
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    • 16 1 r ERRUTI1881 SWISS watches Time is on my side DYNASTY WATCH PTE LTD, Tel 733 27b5
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 292 2  -  By Teh Hooi Ling SINGAPORE goods continue to face keen price pressures abroad. Preliminary October figures show that the manufactured products price index and the domestic supply price index fell again. The two indices monitor price changes at the first commercial transaction of a
        Source: DOS  -  292 words
    • 352 2 THERE was marginal difference in their basic wage increases. But companies that were profitable and did significantly better than in previous years paid much more bonus than those that did not fare very well. in its review of the implementation of
      352 words
    • 617 2  -  Review of wage system Companies and unions urged to continue with programme Reports by Anna Teo PROBLEMS in implementing the flexible wage system are minor and only a few changes are needed to fine-tune it, says a tripartite review committee of the scheme introduced in
      617 words
    • 225 2 IN VIEW of the strong economic growth this year, the government should pay public sector employees a one-off special bonus, at least two unions have urged. When the Finance Ministry announced a payment of three months' bonus for civil servants
      225 words
    • 278 2  -  By Ramesh Divyanathan SINGAPORE Telecommunications Ltd (Telecom) has been sued for alleged copyright infringements relating to a computer program used in one of its pagers. The High Court suit was taken out by computer programmer Chua Puay Kiang. who claims to be the author
      278 words
    • 184 2 TELECOM Equipment on Wednesday launehed Alcatel IQ, a PABX (private automatic branch exchange) system suitable for modern homes and small businesses. Alcatel IQ is a home communications system that integrates all the functions of telecommunications in a box. It provides telephone answering and recording functions
      184 words
    • 334 2 OSA trial DEFENCE lawyers of five men charged under the Official Secrets Act (OSA) have submitted to a Subordinate Court that there is no case to answer. Their arguments are laid out in written submissions delivered to the court and the prosecution on Tuesday
      334 words
    • 251 2 AMURICAN-SWISS joint venture Nypro Singapore is investing S9 million to double the capacity of its plastic injectionmoulding factor> at Joo Koon Circle. The investment will bring Nypro's total capital spending in Singapore to S2l million since it arrived here in 1990. About $3
      251 words
  • Page 2 Advertisements
    • 79 2 Capture your precious moments %jjjL DESIGNTIME DESIC.N TIMI (S) PTT LTD iff J Tel: *****33 [If "~wf ill SINGAPORE EXPORT SHOWCASE IMM Butldiag > v -Jm SINGAPORE SHOWCASE Cruise Centre Ci««i AajxW Tennm»l 2 J) Centre V EMPRESS SHOWCASE Enprcu PUce A-J -1- JL A Different CHRISTMAS (Jiristmas Beijing g/T*
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  • THE REGION
    • 480 3  -  From Alan Boyd in BANGKOK THAILAND is preparing legislation that will allow more foreign access to financial services, which is seen as a major obstacle in relations with its key trading partners. The move follows pressure by the United States
      480 words
    • 219 3 Bernama KUALA LUMPUR Thailand, after almost two years of consolidation, could again emerge as one of Asia's fastestgrowing economies in 1994. Thailand L'pdaie. a publication of the country's joint public consultative committee, yesterday said although progress on easing the key constraints
      Bernama  -  219 words
    • 187 3 AFP BANGKOK Prime Minister Chuan Leek pa i has ordered officials to prepare draconian measures to cope with a looming water shortage that may be Thailand's worst in 30 years. The Nation newspaper yesterday said that because of a short and poor
      AFP  -  187 words
    • 377 3  -  From Yong Pow Ang in HO CHI MINH CITY SENIOK Minister Lee Kuan Yew has urged Vietnam to streamline its administration and make things more convenient for investors. He said a set of clear and consistent rules and regulations for foreign investors would
      377 words
    • ASIA NOTES
      • 80 3 AFP MANILA The Philippine government spent nearly US$l billion (551.59 billion) to pump prime the economy for the first six months of 1993, resulting in a slight turnaround in the gross national product. The National Economic and Development Authority yesterday said US$7OO million went on
        AFP  -  80 words
      • 80 3 Knight-Ridder BANGKOK Thailand is to lodge a protest against Mexico for its recent decision to ban rice imports from all countries apart from the US. Deputy Commerce Minister Chaivot Sasomsub yesterday said Mexico had recently placed a ban on rice imports from 30 countries, including
        Knight-Ridder  -  80 words
      • 75 3 UPI JAKARTA Indonesian importers have petitioned US President Bill Clinton to apply his political muscle to preserving trade privileges for Indonesian goods entering US markets. An official at the All Indonesia National Importer Association yesterday confirmed that a letter was faxed to Mr Clinton last Friday
        UPI  -  75 words
      • 92 3 AP HONGKONG A Chinese official has warned Britain to expect no concessions at the next round of talks on Hongkong's political future. Hongkong Radio yesterday quoted China Vice-Premier Li Lanqing as telling Tsui Tsin Tong. a Hongkong businessman, that China would adopt an
        AP  -  92 words
      • 69 3 Bloomberg Business News NEW DELHI Results by 250 Indian companies for the first half of the financial year ended Sep 31 show impressive growth in profits and sales. According to research by Quest Securities for the Economic Times newspaper, the companies increased profit by 68.2
        Bloomberg Business News  -  69 words
    • 222 3 AP BANGKOK Vietnam and Russia have signed a US$5OO million (***** million) trade agreement, the largest since the collapse of the Soviet Union. The Vietnam News Agency yesterday reported that under the agreement, Vietnam was to provide Russia with 260,000 tonnes of rice, 10,000
      AP  -  222 words
    • 318 4 Move comes in the face of opposition from local govts AFP BLIJING China said yesterday that a new tax system would be introduced gradually and would not immediately affect local interests, appearing to confirm a watering down of plans in the face of strong
      AFP  -  318 words
    • 131 4 AFP TAIPEI China would become a menace to the world, especially to Japan and the US. when it forms an economic sphere of its own. Taiwan President Lee Teng-hui said yesterday. "The Chinese communists will call on all Chinese in the world
      AFP  -  131 words
    • 497 4 NYT BEIJING A Russian diplomat browsing through a bookstall here recently came across this title: Can the Chinese Army H 'in the Next War? On the cover. President Jiang Zemin was quoted as saying: "We must win hightech small-scale wars
      NYT  -  497 words
    • 349 4 Reuter BEIJING German Chancellor Helmut Kohl left Beijing yesterday declaring he had won mutual trust with China's elderly communist leaders and taking home billions of dollars in orders to prove it. "Germany in (the) future will remain a valuable partner
      Reuter  -  349 words
    • 598 5 NZ financial markets give the thumbs-up AFP WELLINGTON After 10 days of political uncertainty Prime Minister Jim Bolger was given yesterday the extra seat his party needed from special vote counting to form a majority government. Mr Bolger acknowledged
      AFP  -  598 words
    • 586 5 Reuter BOMBAY British Gas pic chairman Robert Evans, heading a group of top businessmen from his country to India, said yesterday that bilateral trade was about to boom and predicted a sharp rise in British investments. British Gas is itself signing several
      Reuter  -  586 words
    • 63 5 Reuter TOKYO Prosecutors taking away top Japanese art dealer Ra/uo Fujii (centre), 69, yesterday after arresting him on charges of evading one billion yen (5514.9 million) in corporate taxes. News reports said Fujii and his younger brother Nlasaharu were under suspicion of concealing
      Reuter  -  63 words
    • 245 5 AFP BOMBAY India is committed to foreign participation in the telecommunications sector as part of the liberalisation of its sheltered economy, the chairman of the Telecom Commission said here yesterday. Nagarajan Vittal. in a statement to participants in a weeklong Indo-British trade and
      AFP  -  245 words
    • 254 5 AFP TOKYO Japanese Prime Minister Morihiro Hosokawa. with public opinion behind him. appears poised to succeed where his predecessors have all failed giving Japan the laws it needs to fight corruption. The adoption of four Bills by the reform committee of
      AFP  -  254 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 398 4 You just can't beat a Jetabout China tour. We use experienced English speaking guides, have guaranteed departures and give you maximum flexibility of departure dates. China is a big country, but we have a wide range of different tours to cover exactly the points of interest you want to see:
      398 words

  • Page 5 Advertisements
    • 131 5 PRIME RESIDENTIAL SITE AT ZION CLOSE/KELLOCK ROAD IN DISTRICT 10 For Sale By Tender TO *1 REGE NCV PARK ORCHARD 1 Q,\ I »OAD la Qi r w\ i WyOrVMSXSf I \cosoortJ j V\ ll 1 v ;i i \A HOW* \ix m VONGA/VN > "AW >*' U Vo\ -.-seis:
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    • 98 5 /imHZA£<7 I I The art of writing MONT° BLANC It has been said thjt to take j Montblanc in your hand and glide it across a sheet of paper is to enjov a forgotten pleasure the art of writing. Now Monthlanc has taken this pleasure to new heights «ith the
      98 words

  • REGIONAL FOCUS
    • 1586 6  -  Cambodia's foreign trade By Harish Mehta PHNOM PENH Uy Sambath shuts the file with the finality of a judge about to pronounce a verdict, then looks up. and says with a knowing smile: "OK. Singapore is still Cambodia's number one trading partner."
      1,586 words
  • Page 6 Advertisements
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  • THE WORLD
    • 404 7 AP WASHINGTON US housing starts rose 2.7 per cent in October to the highest level in nearly four years, the government said yesterday. The Commerce Department said construction of new homes and apartments totalled 1.4 million at a seasonally adjusted
      AP  -  404 words
    • 492 7 Reuter WASHINGTON If the North American Free Trade Agreement was to die in Congress yesterday, analysts expect a chilling fallout on trade talks from Brussels to Beijing. And with global economies chugging along so slowly, the last thing the world needs now is
      Reuter  -  492 words
    • 57 7 AFP SARAJEVO A boy praying at the grave of his father at a cemetery revered by the first snowfall in Sarajevo on Tuesday. United Nations military observers have reported that Serb forces are positioning fresh armour in the hills overlooking the Bosnian capital, which they
      AFP  -  57 words
    • 320 7 Bloomberg Business News FRANKFURT West Germany's industry showed signs of a modest recovery in the third quarter, but continued to operate sharply below levels seen in the same period in 1992. The Bundesbank yesterday said industry production in west Germany
      Bloomberg Business News  -  320 words
    • 261 7 Reuter LONDON British inflation slowed in October and consumer spending was weak, official figures showed yesterday, and economists said the sluggish economy made an interest rate cut in this month's budget almost inevitable. News that priccs fell by 0.1 per cent
      Reuter  -  261 words
    • WORLD WATCH
      • 86 9 Reuter FRANKFURT A senior official from the International Monetary Fund (IMF) said on Tuesday he was optimistic that details of a US$B5O million (551.35 billion) loan to South Africa could be finalised in the next few weeks. Edwin Bomemann. deputy head of the IMF's
        Reuter  -  86 words
      • 65 9 Reuter HOUSTON A "womb for rent" sign being put up for a final day near the upscale Galleria area of Houston on Monday. The first time the sign was up. it drew calls from all over the world. The woman who placed the advertisement
        Reuter  -  65 words
      • 100 9 AFP TOKYO French group Club Mediterranee plans to double its activities in the Asia Pacific region by 2000. its new chairman Serge Trigano has announced here. Asia now accounts for 12 per cent of the international village resort chain's clientele, he said, with strong demand
        AFP  -  100 words
      • 98 9 Reuter PARIS Emboldened by the success of Air France strikers in defeating an austerity plan, workers in 15 French public sector companies plan to demonstrate in Paris today against job cuts and privatisation. Many of the firms are among the 21 slated for sale
        Reuter  -  98 words
      • 103 9 AP LONDON More than 3.2 kilometres above the earth, lan Ashpolc walked 9 metres along a thin steel bar secured between two hot air balloons and claimed a new world record for high altitude tightrope walking. The parachute he wore for Tuesday's stunt proved useful
        AP  -  103 words
      • 67 9 AFP WASHINGTON US President Bill Clinton looking at pictures of Japanese exchange student Yoshihiro Hattori on Tuesday at the White House in the presence of his parents. Yoshihiro was shot and killed last year by a homeowner who mistook him for a robber. The Hattoris
        AFP  -  67 words
      • 103 9 AFP BRUSSELS Just two weeks after its birth the Eurocorps, kernel of a future European army, has already been sucked into its first conflict one that has been raging for three quarters of a century. Belgium threatened this week to pull out of the corps
        AFP  -  103 words
      • 136 9 AFP BERLIN The Berlin Wall, secret service spies and other phantoms from the nightmare world endured by citizens of former communist East Germany for 40 years are poised to rise again in a Disneyland-style theme park. The project is the brainchild of eastern German entrepreneur
        AFP  -  136 words
    • 351 10  -  Seattle '93 Informal Summit Reports by Leon Hadar in SEATTLE DESPITE talk about possible rapprochement between the United States and China and on the eye of an historic meeting between the American and Chinese presidents in Seattle, a top US
      Photo by Wong kwai Chow of The Straits Times  -  351 words
    • 659 10 AS LEADERS of Asian and Pacific countries begin to arrive in Seattle, the world's three top economic powers are involved in critical diplomatic negotiations. The negotiations include the use of public threats and behind-the-scenes manoeuvres aimed at extracting economic concessions from each other,
      659 words
  • Page 7 Advertisements
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      424 words

  • Page 8 Advertisements
    • 204 8 A dedicated freight hotline. Instant price quotes for shipments from 20 kgs to thousands of kilos. Guaranteed cost savings* And next-day delivery to the USA BSS L §2 v >> $sasM i Can you expect the same from other air express companies? Probably not. So call the FedEx Freight Hotline:
      204 words

  • Page 9 Advertisements
    • 494 9 v j EPSON L Q 1 0 7 0 H PREPARED fROM THE TRUSTED ESC/P2 FORMULA. OFFERING SCALABLE FONTS IN ACCURATE I I PROPORTIONS RELIEVES CHRONIC RACING Of OFFICE ROOMS SWEATING UNDER THE COILAR RED-FACE I AHO OTHER CONDITIONS RELATED TO WORRYING ABOUT GOOD APPEARANCES USE WHEN NECfSSARY aBBBt I
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  • Page 10 Advertisements
    • 211 10 Ml Ol P*r9 5 9E2322!SE2CES&Mm Perhaps you don t have a large number of acres to drive And its rear compartment is simply cavernous adding a comforting margin of extra safety on the open road* around on. but the 940 Turbo Estate can be an enjoyable There s even an
      211 words

  • Page 11 Advertisements
    • 199 11 wKKKSKKßeßS^m^m^MSßaSSiKagaMa^BEaSEEasgSfcf^li^Wg^^r.• wSE Mi.; jJBKf s*j\ ,v«i> i r ?.j' '"^T^^f--#-aWMwßltgiggSßSl^^g^BaSSg^yEgs%*gl>'^ r £7yk -•-t- l>-s- >■ a■ f _r*-*p ■.^S3'^«2ka® r .:> m To be awarded an ISO Certificate of Excellence First, an ISO 9001 for quality standards set at our Lube Oil demands very special qualities from a company. Blending
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  • Page 12 Advertisements
    • 1012 12 Nothing Beats A Bud. B where to wine, dine and entertain OK M OUR FAMOUS LOCAL g Wk FOOD BUFFET IS BACK Bf] |M AT ONLY $15.00 Eml Featuring tempting local favourites like barbecued sting ray, ngoh hiang l]yV|| 10vafl hae piah, chai tow kuay, seafood mee I7em goreng, mutton
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    • 328 12 Fancy Beijing? Then, we're delighted to suggest JJr memorable dining experience. V Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. HCETV To add to your enjoyment, |l(nQ all these are well within BEIJING your reach. RESTAURANT JP
      328 words

  • LIFESTYLE
    • 890 13  -  Claire Leow, eagerly waiting for the musical Cats to begin, was impressed by the preparation for Claire Leow CATS the musical will be the event to watch for as we near the end of an eventful year for arts. Not for what it is alone a well-known,
      Photo by Chris Loh  -  890 words
    • 448 13 CHATTERBOX UPI AP AP AP SILENCE Of The Lambs' star Anthony Hopkins says acting beats work and he only got into it because he was bad in school. "I'm a happy idiot. I was extremely stupid in school, extremely backward. When I came
      UPI; AP  -  448 words
  • Page 13 Advertisements
    • 365 13 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 about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD Bl K 833 *0103 ROYALVILLE BUKIT TIMAH ROAD SINGAPORE 1027 TEL *69 4920.
      365 words
    • 49 13 Come enjoy our November Promotion: Plaice,Turbot and Sole Menu From 8 Nov to 28 Nov, 1993. 39 Boat Quay S3B 8200 Scotts Shopping Centre 23 5 8700 30 Robinson Road 223 4032/3 Happy Hours: 5.30pm till llpm (except Scotts) Functions Catering, call S3B 8200 nOfßirter WHERE EAST EATS WEST
      49 words
  • Page 13 Miscellaneous
    • 1109 13 TV RADIO who lives in a cage in his fa- Ihe Paris Opera Ballet gives a new definition to Tchaikovsky's ther's barn. Swan Lake, 9pm, SBC 12 CDrio (Stereo). flower (See Our Choice). 12.50 Close. 11.00 News. 7.30 PM Everybody. car a 1130 Windo in the Worid 8.00 The Prize
      1,109 words

  • SPORTS
    • 429 14 Grand Slam of Golf Golf AP. AFP. Reuter LA QUINTA. California Greg Norman hit the ball in the water four times. Fie still finished the day with a threeshot lead. When the champions of the tour's four majors squared ofT on Tuesday for
      AP.; AFP.; Reuter  -  429 words
    • SPORT SHORTS
      • Article, Illustration
        178 14 AFP Reuter BOSTON, Massachusetts The Chinese women who have dominated world middle and long distance running this year may take part in the Boston Marathon next April. The event's main sponsor is negotiating with Chinese team representatives. according to organisers. Pat Devanev. a representative for the Mizuno equipment maker
        AFP; Reuter  -  178 words
      • Article, Illustration
        198 14 Reuter AP NEW YORK NBA Tuesda> (home trams first): Atlanta 118 Sacramento 95; Indiana 93 Charlotte 102; New Jersey 84 Houston 90; Orlando 114 Utah 96; Seattle 95 Chicago 94; Dallas 90 NY 103; Milwaukee 98 Minnesota 102; IX*nver 74 San Antonio 86; Golden State 104 Phoenix 116; Portland
        Reuter; AP  -  198 words
      • Article, Illustration
        37 14 Reuter IJV QUINTA, California PGA Grand Slam of Golf Tuesda\ (27 holes): 108 Greg Norman (Aust) 71 37 111 Paul Azingcr (US) 75 36 112 Bemhard Langer (Ger) 78 34 113 Lee Janzen (US) 74 39.
        Reuter  -  37 words
      • Article, Illustration
        27 14 Reuter NEW YORK NHI. Tuesday: NY Rangers 4 Florida 2; Pittsburgh 11 Philadelphia 5; San Jose 2 Washington 1; Vancouver 3 St Louis 0. Reuter
        Reuter  -  27 words
      • Article, Illustration
        85 14 Reuter MYERSIDE. Scotland New Zealand, fielding only three players who could be in their test side, ran in three tries as they beat a Scotland Development XV 31-12 on Tuesday for their eighth victory in eight matches so far on their tour of England and Scotland. The All Blacks
        Reuter  -  85 words
      • Article, Illustration
        30 14 Reuter DOHA Qatar International tournament semifinals Tuesday: Jansher Khan (Pak) b Peter Marshall (Eng) 14-15 15-12 15-6 12-15 Rodnev Martin (Aust) b Brett Martin (Aust) 15-8 11-15 15-10 15-10.
        Reuter  -  30 words
      • Article, Illustration
        126 14 Reuter IX)NDON In an unprecedented twist aimed at generating more excitement during next year's World Cup finals, the American organisers plan to place teams in cities where they will be guaranteed big ethnic support. Fifa have agreed to drop the usual first-round draw format of nominating cities in advance.
        Reuter  -  126 words
      • Article, Illustration
        286 14 AFP NEW YORK Mary Pierce says she now feels confident of challenging the best in the world since splitting up with her father. "I'm a lot more relaxed. I don't fret every time I miss a point," the 18-year-old said after beating a top 10 woman for the first
        AFP  -  286 words
  • Page 14 Advertisements
    • 346 14 i BE USER FRIENDLY Computer users looking for computer products or services have a difficult I P time making a decision from the wide variety of options available. So, if you provide computer hardware, software, accessories and related services, make yourself user- f t||| friendly and visible by displaying I
      346 words
    • 181 14 THE REALLY USEFUL GROUP presents THE CAMERON MACKINTOSH REALLY USEFUL GROUP PRODUCTION *>3 <9 Newsweek USA said: FIRST AND FOREMOST CATS IS A SHOW. FILLED WITH THEATRICAL MAGIC. BRILLIANT COSTUMES. MARVELLOUS TUNES. A SINGING-DANCING CAST THAT SEEMS TRANSPORTED BY THE SHEER JOY OF PERFORMING. IF EVER THERE WAS A SHOW
      181 words

  • THE LAW PAGE
    • 460 15  -  Selva Kumar finds a manual that touches on all aspects of secretarial practice Selva Kumar The writer is a freelancer on legal matters. Anyone who has run a limited company knows the drudgery of ensuring that proper returns are filed on time. The tedious nature
      460 words
    • 567 15 Asahi News Service THE Economic Welfare Council, an advisory panel to the Japanese prime minister, will likely recommend enacting a product liability law by the year's end. but consumer groups and legal experts are worried that the Council will propose a toothless
      Asahi News Service  -  567 words
  • Page 15 Advertisements
    • 347 15 VIETNAM Just published, the 1993 official Telephone Directories Yellow Pages of HANOI and ~JA «5? HO CH MINH CITY, featuring 30,000 Business IWSN O4*« IMQji VA MMUMG lAM VAM 1 Listings and 600 Industrial and Commercial Categories for your business connections. local and foreign listings up-to-date information Wi {fl(«n8r easy-to-use
      347 words

  • INNOVATION & TECHNOLOGY
    • 611 16  -  Nirmal Ghosh reports on an economical yet effective satellite dish created by a businessman Nirmal Ghosh NAHIL WIJESURIYA. sometime marine engineer and now owner of a small shipping and warehousing empire, is proud of his creation. Justifiably so. When visiting American engineers drop by to
      611 words
    • 451 16 NYT HUGE rock chimneys that spew hot water into the abyss and nourish a riot of bizarre creatures are also fostering a wide range of economic spinoffs, leading some experts to call them the next great prize in the global race
      NYT  -  451 words
    • 424 16 ALCATEL Telspaee has unveiled an in-flight telephone system which is currently being used in Europe and which it hopes will take off in Singapore. Dubbed the Terrestrial Flight Telephone System (TFTS). it allows direct communications between aircraft and ground
      424 words
    • 1017 17 PCs and synthesizers will soon be able to sound like real music instruments FOR nearly as long as there have been computers, people have used them to make music. The pioneering Moog synthesizer, invented in 1964. reshaped sound waves into forms that mimicked acoustic
      1,017 words
    • IN TAKES
      • 123 17 NEW ZEALAND Scientists here said they are developing a plant extract discovered by British scientists and since patented by an American company to repel birds. It could revolutionise crop protection, they declared. Described as "highly significant" by Landcare Research wildlife biologist Dick Porter, the compound
        123 words
      • 42 17 AFP DUSSELDORF. Germany A person at the Medica '93 fair on Tuesday demonstrating a new machine for a snorer which will help to keep the respiratory sounds down by keeping the respiratory tracts open during sleep. AFP
        AFP  -  42 words
      • 110 17 LONDON British scientists said last Monday that they have identified an important chemical signal sending messages from nerves to organs, giving a ray of hope for Impotent men. The scientists said they had pinpointed the signal, as well as clone a receptor which converts it
        110 words
      • 89 17 SINGAPORE Staff and students at the Institute of Tcchnieal Education. MacPherson campus, have developed a machine to crush empty drink cans, reducing the volume by up to 90 per cent. The can compactors, which resemble drink vending machines, work by crushing empty cans that are tossed
        89 words
  • Page 16 Advertisements
    • 83 16 ll RETURNING, COME RAIN OR SHINE. When far from nothing the warmth shelter an our really to ta^e on your else you When it comes to service, guests.say our staff SINGAPORE Omni#Marco Polo Hotel HONG KONG Omnh&The Hongkong Hotel Omni&Marco Polo hotel OmnuSsPrince Hotel OTHER OMNI HOTELS ARE CONVENIENTLY LOCATED
      83 words

  • Page 17 Advertisements
    • 701 17 TRADE OPPORTUNITIES IN I Opetiittg Speech YB Mr. Chua Jui Meng I V I Deputy Minister, Ministry of International Trade and Industry, Malaysia Keynote Address k Dr. Pedro Noyola De Garagorri 111 Deputy Minister of Trade of Mexico (SECOFI) Introductory Remarks HE Jorge E. Dominguez Ambassador of Mexico, Malaysia PRESENTATION
      701 words

  • 566 18 EDITORIAL THE essay that has just won first prize in the 1993 Amex Bank Review Awards has this message for the Miss: don't fight the inevitable. "Miss", in this instanee, is the Manufacturing Is Special School. Co-authors Richard Brown, of Manchester Business School, and DeAnne Julius,
    566 words
  • WHAT THE OTHERS SAY
    • 252 18 THE NUCLEAR MENACE is not confined to atomic weapons alone. Stockpiles of plutonium and other radioactive substances, linked to weapons production or power generation, pose a grave potential threat to the environment. None of the means of storing them offers an effective solution. Russia alone is
      252 words
    • 137 18 THE North American Free Trade Agreement (Nafta) is the idea promoted by the American leadership to counter protectionist sentiment surrounding the creation of various trading blocs. However, the US House of Representatives is deeply divided on this. Failure to ratify Nafta would mean that President Bill
      137 words
    • 141 18 GERMAN CHANCELLOR Helmut Kohl recently led a 180-strong delegation to China. This is an important step for Sino-European relations as it shows that Germany, the strongest industrialised nation in Europe, has not forgotten Asia despite the hustle and bustle of making the European Common Market a
      141 words
    • 183 18 WHILE President Bill Clinton is busy rallying enough votes to get Nafta passed in Congress. Canada and Mexico the other two members of the pact are not standing by idly waiting for the outcome. Canadian businessmen have already said their country will quickly implement
      183 words
    • 105 18 THE Department of Environment (DOE) has only 125 enforeement officers throughout the country. Pitted against this tiny battalion are thousands of small and medium industries (SMls) and illegal factories, vehicles. and a large proportion of the public. The statistical odds alone are overwhelmingly against effective enforcement by DOE
      105 words
    • 147 18 IN THE HEADY DAYS of Hongkong's early planning for the new Port and Airport Development Strategy (Pads) the government took the controversial decision to draw up "fixed-price contracts." Winning tenders for all Pads projects were to be priced taking inflation into account, to prevent contractors
      147 words
  • 779 18  -  Maggie Ford finds the recent protests against the national lottery and the government's reaction to them a watershed in Indonesian politics Maggie Ford The writer is BT's Jakarta Correspondent IT IS tempting to think that the Indonesian government and army have been
    779 words
  • Page 18 Advertisements
    • 141 18 FOOD FIT FOR A KING. (SERVED ON THE QUEEN'S OWN PORCELAIN!) vr* i |P Royal Copenhagen was established in Denmark in 1775, when the Queen of Denmark ysWp^ or^ sulta^e B'ft s to creale d for the Danish Royal Family and visiting foreign Royalty. In Singapore today, you can enjoy
      141 words
  • Page 18 Miscellaneous
    • 65 18 i:r?Ts.y%v/H9i»p\S SOCN I GCT jycoweße NCP»R TWC "TvVCRC-'S OFfiCG. TQ £laR.. loov< roe. c Assocvkiio i*w»«ki infua^ni DOONESBURY GARRY TRUDEAU 11 I SST 5 11 W£!| I «*>«»>£ I M 5! oLi*St SSSK-; M 5!, f isaF ro! £££%£££.'lß/luon' UJHO Hexe J><P|\V§\X. <? iV -i myuJ^^!?t,^^/(^ Mouweea/iMNOiD ,I,\ r™"'\ x
      65 words

  • ANALYSIS
    • 685 19  -  From Seattle, Yang Razali Kassim reports on how Singapore spokesmen are fervently pushing the free trade ideal for Apec. He also discusses the apprehension among Asean members over a possible diminished Asean influence as more members join Apec. Seattle '93 Informal Summit Yang
      685 words
    • 817 19 WHEN THE Apec forum was first formed five years ago in Canberra. Asean was at the core and widely regarded to remain so. Apec was then a club of 12. With Asean's six members forming half the outfit, it was rightly believed
      817 words
    • 1017 19 In an editorial on Tuesday, Asahi Shimbun expressed serious misgivings about the Lower House committee-approved Bills THE government-proposed Bills related to political reform have been approved at the Ad Hoc Committee on Political Reform of the Lower House, and their passage by
      1,017 words
  • Page 19 Advertisements
    • 792 19 BUSINESS TIMES TOLL-FREE TEL. No. 1 -800-741-1 883 IA X 741-1298 LOST CERTIFICATES The following certificates have been reported lost, mislaid or destroyed:- ot Nam* of Company Carl No. In Vie Nama of Vwm Butot Sembawartg Z*****40 Wong Hing Yuen Darnel 1,000 Estates Ltd (Ord) Malayan Cred« A *****27 Lee
      792 words

  • 602 20 AP, Reuter. NYT WASHINGTON The White House appeared headed for victory in yesterday's make-or-break vote on the North American Free Trade Agreement, which has mushroomed into a referendum on President Bill Clinton and the new world economy. Mr Clinton would say
    AP,; Reuter.; NYT  -  602 words
  • 408 20 AP Reuter JOHANNESBURG The government and African National Congress yesterday agreed on the final outstanding issues of their two-year talks, clearing the way for FW de Klerk and Nelson Mandela to sign a revolutionary pact creating a colour-blind South
    AP; Reuter  -  408 words
  • 319 20 Reuter TOKYO Japan has reached a basic agreement to lift its ban on commercial rice imports by accepting a tariffication proposal. Kvodo news agenev yesterday cited government sources as saying the agreement had been reached in talks with the
    Reuter  -  319 words
  • 785 20  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is a BT associate foreign editor WHY docs Rupert Murdoch think that any investor in the Australian stock market would he keen to help him keep the News Corp empire within his
    785 words
  • 333 20 Reuter LONDON The global travel and tourism industry is expccted to double in size over the next decade but aviation policies could restrict growth, the World Travel and Tourism Council said yesterday. The world's largest industry now accounts for 10.2 per
    Reuter  -  333 words
  • Page 20 Advertisements
    • 113 20 Nikkei Fax The Business Day Starts in Japan Tel: Fax:s^6-4016 CRABTREE The most appreciated gifts, surprisingly, take the least amount of effort. T*o give thanks to your most important corporate clients, why not give our beautifully-packaged Christmas tins and baskets filled with the finest foods i and treats, fragrant potpourri
      113 words
    • 77 20 Nafta defeat will rock the trading world. Pg 7 TANKERS/FLOATING STORAGE INSTALLATIONS: Project Management/Engineering by American Naval Architect Marine Engineer. Over twenty years of responsible international experience. Experienced with construction, modification, design, maintenance, repair, inspection,condition assessment,operation and economics of vahous vessel types outfitted with diversity of systems, machinery, equipment Evaluation
      77 words
    • 70 20 The Nikkei Weekiy Japan's leading English business newspaper Tel: 336-4122 Fax:336-4016 -ffcC •paris LWI W L 150 South Bridge Road #07-01 BRUSSELS f=°ok Hai Building S'pore 0105. •AMSTERDAM Tel: *****16! Most businessmen Asa/praties most have discovered comprehensive j flight schedules a new way to fly. »I In 'h. Rook EE3
      70 words

  • COMPANIES & MARKETS
    • 513 21  -  From Loh Hui Yin in YANGON AT LEAST US$l75 million (SS27B million) worth of new hotel projects is planned by Singapore developers in Myanmar even as the first piles are driven into the ground for the first Singa-pore-owned hotel here. Big-time developer Kuok
      513 words
    • 364 21  -  By Abdul Hadhi SINGAPORE Aided by better business conditions, listed Summa Investments more than trebled its interim net profit to $4.73 million from 51.35 million. Announcing its results yesterday. Summavest said that the dramatic rise in profit was posted on a 178 per
      364 words
    • 395 21  -  By Genevieve Cua SINGAPORE Beleaguered Inno-Pacific Holdings is projecting a turnover of about $270 million and a pre-tax loss of $9 million for the year to Dec 31, 1993. The projected loss is substantially lower than the $16.8 million suffered last year. Turnover,
      395 words
    • 767 21  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE For the second time in a month, some in the dealing community have demonstrated their appalling inability to value rights issues. Inno-Pacific's rights yesterday opened at a grossly inflated $1.20, with trades done all the
      767 words
    • 387 21  -  By Schutz Lee SINGAPORE Tibs Holdings is making further inroads into China's transport sector with another two planned investments. If carried out. they will bring to five the number of projects it has in China since entering the market in May. Subsidiary
      387 words
    • 299 21 MBT KUALA LUMPUR The Securities Commission (SC) does not wish to see share scrip multiplying in the market as a result of share split exercises. Chairman Mohd Munir Abdul Majid yesterday said that share prices of companies, after being adjusted, had often
      MBT  -  299 words
    • Article, Illustration
      344 21 Source: Bridge Info Performance of STII's Index stocks Nov 17 IjhI Smc Index Stock uk C'hf* (actor noitn (S) <S) Avimo 1 680 1.17 (AC 7 950 0.150 5 54 11 86 CWT 2 660 0.010 I 16 0.79 Cerebos 7 050 0.300 4 92 23.72 FAN 15 200
      Source: Bridge Info  -  344 words
    • COMPANIES
      • COMPANY BRIEFS
        • 86 22 Reuter KUALA LUMPUR Malaysian plantation firm Austral Enterprises Bhd has denied a rumour of a pending takeover of the company that has sparked heavy trading in its shares. "The rumour of a pending takeover of our company is untrue and we are not aware of
          Reuter  -  86 words
        • 90 22 Bernama KUALA LUMPUR Golden Hope Plantations Bhd has reported a 20 per cent jump in group pre-tax profit to M 557.99 million (5535.95 million) for the six months ended Sep 30. 1993, from M 548.13 million in the previous corresponding period. Group turnover rose
          Bernama  -  90 words
        • 97 22 Bernama KUALA LUMPUR Pengkalen Holdings Bhd has entered into six sale and purchase agreements to acquire hotel operations and related assets in Cameron Highlands and Fraser's Hill. The proposed acquisitions include a piece of land and a hotel known as Ye Olde Smokehouse Inn in
          Bernama  -  97 words
        • 62 22 Bernama KUALA LUMPUR Insas Bhd returned to the black with a group pre-tax profit of M 53.14 million (551.94 million) for the year ended June 30, 1993, from a loss of M 54.11 million in the previous corresponding period. Group turnover jumped to MS 17.49
          Bernama  -  62 words
      • 382 22 Bernama KUALA LUMPUR Kanzen Bhd. which seeks to further improve its performance by exploring the vast Chinese market. has teamed up with two publicly listed companies to undertake an independent power producer (IPP) project in China. Kanzen. through its subsidiary, Kanzen
        Bernama; Reuter  -  382 words
      • 280 22  -  By Genevieve Cua SINGAPORE Yeo Hiap Seng's acquisition of Yeo Hiap Seng Malaysia's softdrinks business marks the start of a major group restructure that will affect the Singapore and overseas operations. A YHS spokesman yester- day said the restructure, which
        280 words
      • 160 22  -  By Quak Hiang Whai SINGAPORE Malaysia's Development Commercial Bank (D&C Bank) successfully raised its first olTshore loan yesterday when it sealed an issue of floating rate certificates of deposit (FRCD) worth USS7S million (SSII9 million). The Kuala Lumpur-listed bank yesterday signed an agreement with
        160 words
      • 491 22 UNIT TRUSTS FUNDS Managers' price* Nov 18 NTUC Income Singapore Unit Trust ta00 e **"> 4 04 418 The Commerce 1.57 1.65 Prudential The Savings Fund 1.48 1.55 PruLink Mgd Fund 1.32 139 Spore Prog Fund 0.65 0.68 Spore See fund 0.97 1.02 MARA-Bumiputra S'porc Invest Fund I II 1.17
        491 words
      • 494 23  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Zalik Bhd. the stockbroking subsidiary of businessman Quek Leng Chan's Hong Leong Group, suffered a major blow this week with the major walkout of more than 20 top officials to another broking outfit.
        494 words
      • 292 23 AFP KUALA LUMPUR Hicom Bhd. Malaysia's state-owned heavy industries entity, will be listed in January through a reverse takeover of a listed vehicle. New Serendah Rubber Co Bhd, officials said yesterday. With the move. Hicom. set up in
        AFP  -  292 words
      • 145 23 Bernama KUALA LUMPUR Finance Minister Anwar Ibrahim yesterday denied any link with the business dealings of Idris Hydraulic. Mr Anwar said although he knew Ishak Ismail, the company's managing director who happens to be a member of the Permatang Pauh Umno division. he had
        Bernama  -  145 words
      • 250 23 Bernama KUALA LUMPUR Southern Steel Bhd's initial publie offering of 39.16 million new shares was oversubscribed 17.6 times. Applications for 428.22 million shares at MS 1.50 (550.93) each resulted in a subscription value of M 5642.33 million, according to Southern Steel chairman Abdullah Mohd
        Bernama  -  250 words
      • 375 24 Bid for Paramount Reuter WILMINGTON, Delaware The high stakes takeover battle ,for Paramount Communications Ine shifted from Wall Street to a Delaware court on Tuesday, where Paramount called QVC Network Inc's hostile bid for the entertainment giant "illusory". Paramount lawyer Barry Ostrager told a Delaware
        Reuter  -  375 words
      • 511 24 Bloomberg Business News TOKYO East Japan Railway Co, a stock which has rocked Japan's markets since its listing last month, yesterday delivered decidedly unexciting results for the half-year ended Sep 30. The result is one of the most important to be released during
        Bloomberg Business News  -  511 words
      • 280 24 UPI LOWELL. Massachusetts Wang, which emerged recently from bankruptcy protection, reported on Tuesday it has posted a profit for its first quarter ended Sep 30. The company posted operating income of US$l2.4 million (5519.7 million) on revenues of U*****.9 million, which included non-recurring
        UPI  -  280 words
      • Article, Illustration
        62 24 AFP PORT AL PRINCE Cars lining up at a Shell gas station on Tuesday one day after Shell Oil, one of Haiti's three fuel suppliers, was ordered by a local court to sell its stockpiles. The Shell company had said last Thursday that it would defy the court
        AFP  -  62 words
      • 327 24 AFP Bloomberg Business News Bloomberg Business News AFP Bloomberg Business News Bloomberg Business News TOKYO Casio Computer Co said yesterday its pre-tax profit fell 67.1 per cent from a year earlier to 2.8 billion yen (5541.8 million) in the six months to September. For the
        AFP; Bloomberg Business News; Bloomberg Business News  -  327 words
      • 285 24 IHT PARIS The chances of Volvo shareholders approving the automaker's proposed merger with Renault of France appeared to improve on Tuesday, after French officials said they would seek a quick privatisation of the French carmaker. The officials also hinted they would consider adding language to
        IHT  -  285 words
      • 182 24 AFP BOMBAY The Indian capital market is set to raise a record US$9 billion (5514.3 billion) this fiscal year, but needs to clean up its act to conform to world standards, the market watchdog said yesterday. The achievement would be a 50 per
        AFP  -  182 words
      • COMPANY BRIEFS
        • 63 24 Bloomberg Business News HONGKONG China's Kunming Machine Tool Co is expected to raise HKSI2O million (5524.7 million) through its listing on the Hongkong Stock Exchange, the Beijing-backed newspaper Ta Kung Pao reported. The company's public offering is expected to start on Nov 23. Baring Brothers
          Bloomberg Business News  -  63 words
        • 80 24 Bloomberg Business News HONGKONG Britain's Rothmans International will be setting up headquarters in Hongkong and will soon list on the Hongkong Stock Exchange, the South China Morning Post reports. Rothmans has set up a major operation in Hongkong in what some believe is
          Bloomberg Business News  -  80 words
        • 45 24 Bloomberg Business News NEW YORK A record 252 companies have gained listings on the New York Stock Exchange so far this year, topping last year's record of 251 with six weeks left on the calendar. Bloomberg Business News
          Bloomberg Business News  -  45 words
        • 65 24 Bloomberg Business News TOKYO More than 60 per cent of foreign brokerage firms operating in Japan posted profits for the six months that ended in September, the Sihon Keizai newspaper said. Morgan Stanley's profit for the period totalled over 10 billion yen (SSI49 million),
          Bloomberg Business News  -  65 words
        • 38 24 Bloomberg Business News NEW YORK Morgan Stanley Group's fiscal third-quarter profit surged 64 percent to USSIBI.7 million (SS2B9 million), led b\ double-digit increases in investment banking, commissions and interest income. Bloomberg Business News
          Bloomberg Business News  -  38 words
    • FINANCE & COMMODITIES
      • 306 26  -  By Quak Hiang Whai SINGAPORE The Industrial and Commercial Bank of China (ICBC) has long-term plans to establish its worldwide network by having branches in Singapore, Tokyo, Hongkong. Seoul, London, Frankfurt and New York by 1995, a senior bank official said yesterday. Zhang
        306 words
      • 195 26 Knight-Ridder WASHINGTON A House Banking Committee aide, citing notes of a telephone conference by Federal Reserve officials. has accused the Fed of try ing to interfere with congressional attempts to get more information from the central bank. The aide said yesterday
        Knight-Ridder  -  195 words
      • Article, Illustration
        1694 26 Irude-HVithled index cakulainl axainsl S pore's lop 14 trading partner* Base year 1985 US$/S$ forward rates Noon Nov 17 Bid Offer 1-month I 5904 1.5919 2-month 1.5897 1.5912 3-month 1 5893 ***** 6-month 1.5877 1.5897 ■Source OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on Nov 17: Singapore
        1,694 words
      • 201 26 AFP ABU DHABI The United Arab Emirates (UAE) has completed development of a new onshore field after two decades of hesitation because of its complex structure, an official report said yesterday. Jam Yaphur will produce around 10,000 barrels per day (bpd) of condensates and
        AFP  -  201 words
      • 216 26 Bernama KUALA LUMPUR A strong local tendency to save has led to the launching of the Singapore Lion Gold Bullion coins in Malaysia by The Singapore Mint. The Singapore Mint's general manager. Chong Phit Lian. yesterday said the Singapore Lion Gold Bullion coins
        Bernama; Reuter  -  216 words
      • SMALL CHANGE
        • 107 26 Reuter BANGKOK Ayudhya Investment and Trust Co Ltd (Aitco) was suspended by the Stock Exchange of Thailand yesterday following wild price swings triggered by an apparent error by brokerage firm Phatra Thanakit Co Ltd. Phatra Thanakit also sought and obtained a voluntary suspension. It told
          Reuter  -  107 words
        • 81 26 Reuter BEIJING A fund to invest in China's aviation industry has raised nearly USSIOO million (SSIS9 million) in its first year of operation, the People's Daily said yesterday. The China Aero Fund was set up last November to raise money from overseas investors by issuing
          Reuter  -  81 words
        • 75 26 Knight-Ridder SINGAPORE Muhammad Hassan Marican. senior vice-presi-dent at Malaysia's state-owned oil company Petroliam Nasional Bhd (Petronas), yesterday confirmed the lead-manager and chief commissioned company for its forthcoming 50 billion yen (***** million) bond offering in Japan. IBJ Securities will lead the issue and the Long-Term Credit
          Knight-Ridder  -  75 words
        • 82 26 Reuter FRANKFURT The Russian government plans to establish a Business Development Bank in 1994 with the help of German private and public sector institutions. Russian Finance Minister Boris Fyodorov said. Mr Fyodorov told a news conference on Tuesday the plan did not foresee ownership participation
          Reuter  -  82 words
        • 74 26 Bloomberg Business News LONDON UK insurance companies have introduced a computerised register of claims as part of a crackdown on fraud, the Financial Times reported yesterday. The register will allow insurers to clamp down on so-called "multiple claims" which cost the industry an estimated £400
          Bloomberg Business News  -  74 words
        • 109 26 Bloomberg Business News LONDON US West Inc, France Telecom's Intelmatique division and Electronic Data Systems Corp are expected to announce a venture in the US to sell interactive banking services to consumers and small businesses, the Wall Street Journal Europe reported yesterday. The
          Bloomberg Business News  -  109 words
        • 115 26 Bloomberg Business News TOKYO More than 60 per cent of foreign brokerage firms operating in Japan posted profits for the six months that ended in September, the Nihon Keizai newspaper said yesterday. Morgan Stanley's current profit for the period totalled just over 10 billion yen
          Bloomberg Business News  -  115 words
      • 142 26 Bloomberg Business News SYDNEY The Australian Stock Exchange is offering gold bugs a way of hedging their investments in the face of volatile gold prices. From yesterday, the Australian Options Market, the derivatives arm of the stock exchange. started offering options on
        Bloomberg Business News  -  142 words
      • 338 26  -  By Corinne Kerk SINGAPORE Visa International yesterday announced that it has extended the coverage of its third debit product the Interlink Network and expects it to be available in the region soon. "Interlink requires a more sophisticated electronic and telecommunication
        338 words
      • 277 26  -  By Soh Tiang Keng SINGAPORE There is a global trend towards the use of on-line debit systems, an international expert said yesterday. Richard Phillimorc. a senior executive of global online debit card firm Maestro International, said that bankers the world over
        277 words
      • 127 26 THE USS/majors pushed higher as the time draws nearer towards voting for Nafta with market sentiments agreeing on a congressional "yes" vote. Over in the USS/SS market. a bullish USS market sentiment emerged in early morning trade yesterday, but this met with sell orders along
        127 words
      • 199 26 Reuter LONDON The dollar held up well yesterday as markets nervously awaited the crucial US House of Representatives vote on the Nafta free trade agreement. "I think a 'Yes' to Nafta is built in at current levels," said John Cox, vice president at Bank of New York. "Our view
        Reuter  -  199 words
      • 89 26 AFP NEW YORK The dollar firmed slightly against major currencies early yesterday as Congress prepared to vote on the North American Free Trade Agreement. Gold dropped US$3.lO to U*****.50 per ounce. At 9:20 am (1420 GMT), the dollar was trading at 1.7085 German marks against 1.7050 on Tuesday
        AFP  -  89 words
    • COMMODITIES & FUTURES
      • 1343 27 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended marginally weaker yesterday in light position adjustment ahead of the pivotal Nafta vote in Congress. Dealers said the clear passage of the Nafta pact may lead to a spate of Eurodollar selling in buv-on-rumour sell-on-fact
        Reuter  -  1,343 words
      • 666 27 COMMODITY REPORTS Tin LOCAL tin price ended unchanged at MSI 1.90 a kg as persistent European and Malaysian covering countered some light selling yesterday, traders said. Activity was routine on lack of fresh fundamental news. A slight fall on the LME overnight had no impact. Volume
        666 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 85 27 TOKYO Chinese buyers are keeping clear of the copper market in the hope that prices will sink, traders say. While interest from metal buyers in China for delivery in three months has heightened as copper traded below U551.650 a tonne this week at the
          85 words
        • 42 27 TOKYO The Japan Food Agency said it boughi a total of 98.450 tonnes of wheat in a tender yesterday for January shipment. The agency said it also bought 38.094 tonnes of January shipment barlev from Australia.
          42 words
        • 102 27 TOKYO Deliveries of copper concentrates from the OK Tedi mine in Papua New Guinea remain suspended as the drought that forced the mine to declare force majeure two weeks ago shows little sign of easing, a company official said vesterday. The water level on
          102 words
        • 56 27 TAIPEI Taiwan's BSPA group bought 54,000 tonnes of No 2 yellow soybeans yesterday, said. Continental sold the beans at P. 69 US cents per bushel over March futures on the Chicago Board of Trade. Shipment is for Dec 1-15 from the Gulf of Mexico. Freight
          56 words
    • 1682 27 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sctl (tonnes) Interest Dec 93 OOO OOO 129.25 0 1.700 Jan 94 130.50 130 50 130 50 100 4.000 Feb 131.50 131.00 131.75 1000 4.025 Mar 0.00 0.00
      1,682 words
    • REGIONAL STOCK MARKETS
      • 1187 28 20.5 IHt share market sprinted ahead yesterday as investors welcomed a firmer New York market and bidded strongly for local bank stockv The Ml Ordinaries closed 20.5 points higher at 2.104.3. its highest close for two weeks. "The market was influenced b> markets overseas and expectations of bank profits."
        1,187 words
      • 582 28 4.3 Selected telecommunications and propert\ Mocks surged but profit-taking pared gains at the close, dealers said. Leading gainers were secon-d-liners Filinvest Land Inc. which rose to 10.75 pesos from 9.60. PT&T A which ended 1.45 pesos higher at 10.25. and Metro Drug A shares, up one peso to 6.40.
        582 words
      • 514 28 5.66 Late profit-taking saw Taiwan stocks end off their highs. But trade remained active on optimism that the government would support the market before the Nov 27 local government elections, brokers said. The weighted index ended 5.66 points up at 4.306.91, off an intra-session high of 4.345.86. Turnover remained
        514 words
      • 436 28 7.52 Stocks ended higher as small individual investors piled in following Tuesday's consolidation in the wake of a flurrv of vear- highs, brokers said. "Stocks recovered almost all yesterday's declines." said Choi Hyeon Cheol of" First Securities. "The *ant corps' (small individual in\estors) are following in the wake of
        436 words
      • 270 28 +95.7 The NZSE-40 capital share index closed up 95.7 points (4.8 per cent) at 2.074.4 after an end to New Zealand's political stalemate looked likely. The final election result and Prime Minister Jim Bolger's comments on it were expected later yesterday. Telecom and a clutch of former market
        270 words
      • 53 28 +25.5 Shares prices were slightly up in thin after trading hours kerb deals as sellers stayed away in the hope of a further rise in prices, brokers said. The Bombay Stock Exchange 30-share index closed at 2,877.62, up 25.5 from Tuesday's close. The 100-share national index moved up 11.33
        53 words
    • WORLD STOCK MARKETS
      • 626 28 22.5 UK shares ended strongly after lower annual inflation figures and weak retail growth triggered an early rally on rekindled hopes that base rates may be on the way down, strategists said. Attention focused more on domestic data than the outcome of a crucial North American Free Trade Agreement
        626 words
      • 1053 28 Britannia Funds Merlins Ca»h Bid Offer MimraprKriM.it <tt M<IU M.6S00 Mim Jerse> Grit 0 18<»? 0 1-w: Mmh Mj* Inconur I OVIU I IWIO LS$ Cash Income Plus FunJ IO WI) 11 2.HJ0 PSS R«-ser»e Fund ***** 5 2 WO Sterling Kquio Euro Perfc* manse 0 45-*2 0 4M1X Far
        1,053 words
      • 95 28 32.14 French shares ended higher, buoyed by expectations of a rate cut in Germany in the near term. The CAC-40 index was up 32.14 to 2.147.99. Paris No» 17 Kr \ir I iguidc *02 00 2 00 Akjlfl \nslhom J 00 EH'-Aguil 4»»0U -50 (>ak Dc Rjnguc I2 7
        95 words
      • 85 28 +9.38 Swedish shares rose as corporate earning figures sent investors encouraging signs about third-quarter profits. Expectations that the US Congress will pass the Nafta after a marathon debate also bolstered shares, traders said. Electrolux. yesterday's most traded share, accounted for 2.64 points of the 9.38 points total advance to
        85 words
      • 177 28 21.84 The Belgian stock market soared to a record high and the franc strengthened after the government agreed to austerity measures, traders said. The government also made large cuts to its key interest rates of between five and 12 basis points. The new central rate is now 8.3 per
        177 words
      • 176 28 153 Italian stocks rose on the first dav of the new account period to end the day higher across the board, after a volatile opening sent the market down 2.7 per cent, traders said. Traders said there was no specific reason for the climb, although the fact it was
        176 words
      • 240 28 -1.33 Dutch stocks ended lower as they lost gains during the final trading hour because of weaker prices on Wall Street ahead of the vote on Nafta, traders said. The EOE index of 24 leading Dutch stocks ended 1.33 lower at 381.35. down from a high of 385.81. Deeliners
        240 words
      • 258 28 +0.44 Swiss shares ended steady in low volume. Dealers said afternoon trading was quiet, and a mixed opening on Wall Street did not influence shares. Earlier. Swiss shares had opened higher on a firmer Wall Street overnight and a firmer dollar. Most-active Nestle ended one franc easier at 1.
        258 words
      • 272 28 105 A lack of liquidity and local political developments helped drive industrial shares to a strong close on both local and foreign demand. The gold index lost 52 points to 1.897 but the industrial index was 105 points firmer at 4,797 and the overall index was 38 points up
        272 words
      • 125 28 -23.57 Stocks fell early yesterday on sagging precious metal and energy issues as nervous investors await the vote on Nafta. The TSE 300 composite fell 23.57 points to 4,233.63 in trade of 16.23 million shares valued at CS 165.00 million. Only two of Toronto's 14 sutvindices posted minor gains.
        125 words
      • 909 28 -3.35 The Dow Jones industrial average, which surged 33.25 points to a new all-time high of 3.710.77 on Tuesday. was down 3.35 points to 3.707.42 at 11 am EST yesterday The key barometer was ahead 2.80 points shortly after the market opened. The New York Stock Exchange composite
        909 words
    • Article, Illustration
      3255 29 Reuter HONGKONG Shares closed sharply lower yesterday as concerns over the North American Free Trade Agreement (Nafta) vote in the US and a new round of Sino-IJK talks over Hongkong became excuses to take profits, brokers said. The blue chip Hang Seng Index tumbled 176.67 points, or 1.82 per
      Reuter; Source: Bridge Info  -  3,255 words
    • Article, Illustration
      482 29 BOTH Shanghai and Shenzhen B share markets were very active yesterday. CLSA Shanghai B Index dropped by 1.23 per cent to 976.8 points as most of the shares tumbled on heavy profit-taking. The best performer, China TM, surged by almost 14 per cent. In Shenzhen, the market also performed
      482 words
    • Article, Illustration
      2566 29 Bloomberg Business News TOKYO The Nikkei 225 average drifted lower yesterday as domestic brokerages dumped stocks that aren't included in the new Nikkei 300 index, which was introduced last month, traders said. Investors also refrained from entering the market ahead of the US House vote on the North American
      Bloomberg Business News; Source: Bridge Info  -  2,566 words
    • Article, Illustration
      1753 29 Reuter, AFP BANGKOK Stocks shed morning gains as investors awaited the result of US House of Representatives' vote on the North American Free Trade Agreement, brokers said yesterday. The SET index lost 3j64 points to close at 1,361.13 on active turnover of 23.02 billion baht. The Stock Exchange of
      Reuter,; AFP; Source: Bridge Info  -  1,753 words
    • Article, Illustration
      1114 29 Reuter JAKARTA Share prices closed higher in bullish trading with hanking stocks leading the way yesterday. The composite index finished the dav 9.91 points higher at 533.10. Bank Danamon rose 500 rupiah to close at 5.4(H). Bank Duta ended up 550 rupiah to 5.750 and Bank BDNI closed up
      Reuter; Source: Bridge Info  -  1,114 words
    • 2900 30 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume K M B MX H.265.000 AsijPacldMX 5.624.0U0 IJns H»d MX t.223.000 Promct J.93S.OUO M MM UWM Lien Hoe TSK47 J.ISfc.uuu 1 icn Hoe UHM \V1I»B MX 2.869.000 Renting Bhd MX 2.786.0U0 Hewa orpn MX 2.692.000 U.bris :MO.OW> kumunling MX'
      Source: Bridge Info  -  2,900 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5796 30 Bernama KUALA LUMPUR Share prices here retreated from earlier highs to close mixed on profit-taking activity in the afternoon yesterday. After moving in for bargains in the morning as brokers relaxed their trading restrictions. investors turned cautious about holding large positions and decided to take
        Bernama; Source: Bridge Info  -  5,796 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7152 31 MAIN BOARD Transaction date: Nov 17 j Gr Gr 1943 |js| Vol Ih) I jim Quote Di» Dit Id Mr! M Cap High I o* (ompiii Sale (°000l High low Bu»rr Seller S C'w S P/F. tail INDUSTRIAL AND COMMERCIAL 1380 260 I Vma 1140 30 55 1140 1130 1130
        7,152 words
      • 1769 32  -  By R Sivanithy SINGAPORE After two days of consolidation caused by trading restrictions and nervousness in overseas markets, share prices yesterday staged an encouraging recovery. Dealers said an easing of trading restrictions by some brokerages and firmness in the US equity market helped
        Source: Bridge Info  -  1,769 words
      • Article, Illustration
        122 32  -  HOT STOCK By Quak Hiang Whai PROMET has fallen sharply this month from an all-time high of $2.51 at the end of October. It was $1.94 yesterday and could fall further to $1.70 in the next few sessions. But it is heavily oversold in the short term the daily
        Source: Bridge Info  -  122 words
  • Page 21 Advertisements
    • 144 21 WHERE BUSINESS MYSTERIOUSLY TURNS TO PLEASURE. H Mystical, magical Bali. Home to the Bali Hilton International. Where even the most gruelling convention can transform into the most enjoyable vacation. Here, in gloriously unspoilt Nusa Dua, only 20 minutes away from the need to make business a pleasure: 537 luxurious ocean
      144 words

  • Page 22 Advertisements
    • 212 22 By Urban Redevelopment Authority kew drive CREATING OPPORTUNITIES FOR QUALITY HOUSING PHASE II The Urban Redevelopment OKf sealed envelopes and deposited in Authority (URA) is offering for sale the Tender Box at the MND Auditorium J 0106 between 9.00 3m siid 1.2 noon containing caVsS the main terms and conditions
      212 words

  • Page 23 Advertisements
    • 280 23 A group of Argentinian companies is in Singapore offering the following products: NAME OF PRODUCTS OF®® I ROWSWIMM COMPANY j PRODUCTORES i Fresh apples Mr Nestor PEREYRA ARGENTINOS i pears, garlic, Director INTEGRADOS I onion, (Consortium of I concentrated exporters of juices (apples fresh fruits) pears). ONIXINCA Marble *Mr Angel
      280 words

  • Page 24 Advertisements
    • 752 24 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 29th Annual General Meeting of the Company will be held at the Carlton Hotel, Seminar Room 11, Level 6, 76 Bras Basah Road, Singapore 0718 on 3 December 1993
      752 words



  • Page 27 Advertisements
    • 193 27 WhiteWestinghouse W ELECTRIC DEHUMIDIFIER Protects your home, workshop against 6 BALMAR Tel: 235 9577 M»w*or o4 Man 4 J—n Group of Compantaa South East Amta. BUSINESS TIME S Toi.i. r Ri-F- Tin.. No. fax; 741-1298 BUSINESS DEVELOPMENT EXECUTIVE for proposed Singapore Office A leading US-based shipping company seeks a creative,
      193 words
    • 36 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead _1 I Put The Straits Times Classified l to work for you today. I 1 J
      36 words

  • Page 28 Advertisements
    • 42 28 ■P On display at the Museum of Modern Art (MOMA) in New York and the following selected stores and outlets... #02 22/23 Hilton International Tel: 734 7445 #01 09 Mandarin Shopping Arcade Tel: 737 9810 #02-11 Raffles Hotel Arcade Tel: 337 8283
      42 words

  • Page 29 Advertisements

  • Page 30 Advertisements
    • 48 30 1^ I With over 195 million cards honoured at over 11.3 million establishments, MasterCard puts H jit* rj A^LnBW the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches YOU'VE GOT THE WHOLE WORLD ATMS worldwide. I IN YOUR HANDS
      48 words

  • Page 31 Advertisements
    • 87 31 SINGAPORE: THE HOUR GLASS Takashimava Shopping Centre Tel: *****20/1 I.uckv Pla/a Tel: *****62/543 Srotts Tel: *****27/7198 Centrepoint Tel: *****98/ MukVp f/f I® ,/V 603 Peninsula Plaza Tel *****09/*****63 Raffles Tel: *****41 1169* World Trade Centre Tel: *****51/1007 Changi Airpon Terminal 1 (West Wing) T 111 *****60, rerminal 2 (South Wing)
      87 words

  • Page 32 Advertisements
    • 476 32 Huiyang Guangdong China SUN CITY TRADE AND INVESTMENT CONFERENCE M Sun City, a 10-square kilometre development,located in Metro Huizhou, p, Date and Tim© I November 19 1993 Guangdong Province, is the largest and most advanced satellite city n ni <-> in southern China. JoMy developed by Huiyang County Government, (IJj
      476 words
    • 9 32 Personal Finance and Investment, every Saturday in Executive Lifestyle
      9 words

  • Shipping Times
    • 338 33  -  Reports by Rahita Elias SINGAPORE The China Navigation Company (CNCo). a subsidiary of British shipping company John Swire and Sons, has ordered two new container vessels from a Japanese yard. The group's magazine Swire News quoted CNCo's manager for bulk shipping
      338 words
    • 218 33 SINGAPORE The parent of Norwegian specialist chemical tanker operator Odfjell Tanker KS has ordered another two chemical tankers from Kvaerner Floro as part of its fleet renewal programme. According to an Odfjell statement issued in Singapore yesterday, Skibsaksjeselskapet Storli's two
      218 words
    • 251 33 Knight-Ridder SAO PAULO Faced with possible record sugar shipments. high costs and delays at Brazil's southern port of Santos are likely to continue through April, said shippers and port authority officials on Tuesday. "Nobody wants to load sugar at Santos."
      Knight-Ridder  -  251 words
    • 282 33 Fairplay COULSDON, England It was a quite year for Swedish ports in 1993 despite the Swedish Transport Workers" Union calling for a one-day-a-week strike from Aug 6. Overtime was also hit. And while, the strike only lasted that first day. it did prove
      Fairplay  -  282 words
    • 858 33 Page Col ABC Containerize 12 I Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appcnship 18 1/2 Alpha Feeders 18 1/2 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9
      858 words
    • 358 33  -  By Juliette Walker SINGAPORE Private industry needs to cooperate with governments to enact laws to increase maritime safety and to protect the environment, an official from the Institute of London Underwriters (ILU) said here this week. The government
      358 words
    • 340 33 Seatrade Week Newsfront COLCHESTER, England Mexican tanker-to-liner operator TMM is putting the final touches on its expansion into the reefer trade, taking over effective control of the Del Monte fleet. A new company, Global Reefer Carriers, is being set up this month in
      Seatrade Week Newsfront  -  340 words
    • SHIPS IN PORT
      • 664 34 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Aungsamwn 193 poia is *****0 *****359 Batam Speed4 0409J* POIA 17 11 2000 1/ 11, 2300 Arkbs Orion V9306 117 alongside 1811, IMC Batam Speed4 ****** POIA 18U 2000 18 11,2300 Asenho II
        664 words
      • 1860 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Au Jade 163B 19/1700 3 18/0700 18,1159 18/1400 4 18/1200 18 1459 18/1700 Ac» Uy 043A 20 1500 3 18 0700
        1,860 words
    • 10539 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,539 words
    • 3352 47 A XIIM C ontainerline NV: Bclsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pie Ltd (SVAecord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg(S). Albatrus Sea-Air Service: Frata Shpg Pte Ltd
      3,352 words
    • 290 47 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express I ravel Tel: 533-5771. Fax: 535-6144. Airborne Freight C orporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax. 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. C its-l ink International Tel: 344-3377. Fax: 345-6450. Cluster
      290 words
    • 1475 47 Abex Express Freight Tel: 542-7171 Fax: *****84 Actinic Forwarder Tel 225-1833 Fax: *****42. Activair Singapore Tel 542-7822. Fax: *****20 \erolink Freight International Tel: 545-8033 Fax *****05. Aerospced Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454 Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,475 words
    • 2510 48 ALBANIA Duress: Seven vessels operating of which 1 loading ferro chrome, 2 discharging bagged cement, 1 discharging bulk wheat, 1 discharging bagged flour, 1 loading copper, 1 discharging tubes and bagged flour, 4 vessels in roads of which I to discharge butter. 1 bulk wheat. 1 bagged flour.
      2,510 words
    • 912 48 SHIP SALES TANKER RATES AFP ALTHOUGH there is still a more cautious approach by buyers to the drycargo sector, with fewer deals coming to light, it is interesting to see that such sales still cover a variety of tonnage including capesize. panamax and handy vessels, with prices still holding firm.
      AFP  -  912 words
    • 556 48 ARRIVALS DEPARTURES Op Flight Tjpe ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
      556 words
    • 426 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Nairn- of Vessel ETA ETD Ports of Calls Port Agent telephone No NOVEMBER 19 19 Kcnaissancc I 1000 1900 Cruise to Nowhere Lines Int'l Holdings 224-2763 19 19 Leisure World 1300 2015 Port KJang-Sin- Lauw Sons Travel 227-8284 Port Klang 19 19 Andaman
      426 words
    • 1192 49 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1,306 on Tuesday from 1.315 on Nov 15. Opinions were divided on the direction of rates for Panamax tonnage in the Atlantic, with brokers confident of rates firming and charterers taking the opposite view, brokers said.
      1,192 words
    • 1066 49 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      1,066 words
    • 870 50 As traditional sources of finance dry up, shipowners are turning to a new channel Seatrade Review THE SHIPPING industry needs anywhere from US$2O billion (5531.8 billion) to USS3S billion a year for 10 years to replace its wasting assets. When asked where that
      Seatrade Review  -  870 words
    • AIR AND LAND TRANSPORT NEWS
      • 331 52  -  By Juliette Walker SINGAPORE Airline representatives today end a week of jostling with one another over slots at the world's busiest airports. Every six months, the International Air Transport Association organises a global conference to negotiate slots for the following season.
        331 words
      • 161 52 AFP LONDON Passengers on British Airways flights from London to Paris have expressed shock and dismay at the latest experiment in inflight food the croissant with ketchup. A British Airways spokesman confirmed to the Evening Standard newspaper that they were indeed experimenting
        AFP  -  161 words
      • 293 52 AFP TAIPEI A controversial U5562.9 million (SSIOO million) railway projcct in Taiwan has bccomc bogged down in claims of corruption and poor safety, with a French firm and its local partner accusing each other of breach of trust. Taiwan's Department of
        AFP  -  293 words
      • 407 52 IJPI PARIS In a major boost to the European airline industry, China decided on Tuesday to order six A-340 Airbus jets worth over US$7OO million (SSl.l billion) instead of widebody 747 jumbo jets from Boeing Co. Airbus, made up of companies
        IJPI  -  407 words
      • 363 52 NYT NEW YORK Computer Sciences Corp was chosen on Tuesday to supply British Aerospace with computer services under a 10-year. USSI.34 billion contract that is the largest ever awarded in Europe to a single data processing supplier. Computer Sciences will take over the
        NYT  -  363 words
      • 439 52 Knight-Ridder RYE BROOK. New York General Motors Corp said on Tuesday it should break even in its North American operations and turn an overall profit in 1994. Tuesday's announcement, made to a gathering of Wall Street analysts, marked the first time
        Knight-Ridder  -  439 words
      • LOG BOOK
        • 69 52 SINGAPORE The Singapore branch of the Institute of Chartered Shipbrokers will hold a luncheon talk next week on the arresting of ships and associated remedies to recover claims. The guest speaker is P Aston, a partner with maritime legal firm Holman. Fenwick Willan. The
          69 words
        • 69 52 Reuter JAKARTA Indonesia's state-owned shipping company PT PAL is ready to join a tender in Tunisia to build a ferry to link Tunisia with Europe, a company spokesman said. Indonesian companies were invited to join a tender to build the ferry link following talks
          Reuter  -  69 words
        • 83 52 AFP. Reuter NEW YORK United Parcel Service announced on Tuesday it had ordered 10 Boeing 757-200 aircraft to meet the needs of its growing worldwide delivery operations. The planes will be delivered between 1994 and 1995 and will be equipped with Rolls Royce RB-211 engines.
          AFP.; Reuter  -  83 words
        • 72 52 AP EAST HARTFORD. Connecticut Pratt Whitney signed a USSIBO million contract on Tuesday to provide 17 engines for a new fleet of Japanese airplanes, the company announced. Pratt will supply 17 of the 112-inch fan-growth versions of the PW--4000 engine for Japan Air System's
          AP  -  72 words
        • 67 52 Bloomberg Business News MILAN Italy's private scooter company Piaggio Veicoli Europei and Indonesia's Satya Djaya Raya Group (SDR) said on Tuesday they are creating a joint venture to build two- and three-wheeled vehicles in China. They plan to invest US$lOO million in the venture, which
          Bloomberg Business News  -  67 words
      • 1408 52 AP. City nw eta nw ETO Abu Dhabi GA98S 1420 Adelaide QF81 1930 QF82 2050 SQ228 2035 SQ25 0635 Amsterdam GA975 1140 KL838 2320 KL837 1540 SQ323 1815 SQ26 2359 Auckland N221 1710 BA11 1455 SQ288 2030 SQ286 2035 SQ288 2045 B Seri Begawan BI421 1105
        AP.  -  1,408 words
      • 183 52 Reuter ATLANTA Delta Air Lines said on Tuesday it would make a scries of restructuring moves to help the company "move closer to sustained profitability", including rerouting of onethird of its trans-Atlantic flights. The company also said it would rework its New
        Reuter  -  183 words
  • Page 33 Advertisements

  • Page 34 Advertisements
    • 504 34 TSKUNE AGENCIES (S) PTE. LTD. I "W Tel: 226-3363 J. UJ\Hr Fax: 226-1972/3 VjflkcA r/ Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I i EXPORTS TO HONGKONG. MANILA. TAIWAN JAPAN "TWICE WEEKLY" 1 WTBCMC TOT IHt Pflt Kl Mi Hmt MO Kg TOW «t 10 1 ACX
      504 words
    • 1754 34 DIRECT TO USA WEST COAtT (SCX-SPORE CALIFORNIA EXPRESS) TO EAST IMBWTCTRAKAM (FULL COIHVMMBI SCTVIOB *«1 WT STQtt TT" OH I Ml I M l IWBTO* OK IW I UUCP KHQ IWTWO I STOW P«ABfi I BTMt mMW»| fT SABI UnWU>| MOTI \MKSOL UM» COWTIM*) »«N» CAIIFORNIA lUNA 61 1/***** *****2
      1,754 words

  • Page 35 Advertisements
    • 2443 35 ?E°L CL 32 3 8 3^7FAI D 221 SH,PP NG AGENC ES PESSSG'SKTS^OSSSS'S *****42 I DOCUMENTATION TEL *****55 (INWARD)/*****90 (OUTWARD) CFS TEL *****6 H BOOKINGS TEL *****80 *****81/ *****82 <OPNS> I CFS (PSA F5) TEL: *****21/ *****79 TEL *****2/31 FAJC *****4 (OPNSI CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL 07-*****0
      2,443 words
    • 1150 35 U. S. A. /CANADA 3 SAILINGS PER WEEK MADISON MAERSK V.9402 ETA SIN 23RD NOVEMBER 1993 AXEL MAERSK V.9318 ETA SIN 22ND NOVEMBER 1993 Vets* Voy ETA ETD Feeder by S »T°" DESTINATIONS This wee* madison mafrsk S3io F 23/*****0 HRS CFS 22/11 2359 MRS JOH LPK PEN OAK LGB
      1,150 words

  • Page 36 Advertisements
    • 1697 36 AOABA R DAM' [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA LEVERKUSEN EXPRESS 15/345 20/11 29M 1 4/12 8/12 11/12 13/12 15/12 p Qf| Ke ang p e nang FRANKFURT EXPRESS 70/146 24/11 11/12 14/12 12/12 Pasir Gudang
      1,697 words
    • 585 36 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sofe Foreign Forwarder in Kabul for aN services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN NED OCEANIA V.2413 23/11 NED
      585 words
    • 1142 36 NORASIA IvSUVO^^^^^^^^^SlN^AUilßC^^VAL^LH/^^HA^^BR^^RO^^ANT^FE^I 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
      1,142 words

  • Page 37 Advertisements
    • 2134 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE Cjugb (A SERVICE OF CHINA NAVIGATION CO) cargo" out SAILS STRAITS VENTURE V2SE Milan IS 1? Nov 18 No. 19 Nov fcl. LCL CONTAINER AND MEAKBULK SERVICE TO
      2,134 words
    • 2577 37 SINGAPORE AGENT: 4 v PAYlfoinat«C P&O Container# (Singapore Agencies) Pte Ltd M 4. W WBBI. 4m 1 1 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0206 Te| 2233 Te(ex RS ***** pNOCSp Fax 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL VOt -mo *PKO SIN ALQ SOU
      2,577 words

  • Page 38 Advertisements
    • 551 38 i|K EKA JAYA AGENCIES VUf TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAR TRADE PAGER HANDPHONE/DWECTH WILLIAM WEE iiaasa TKOnS/iVfttX MAWOJ H9 cm MINH CITY TRAPS HENRY hOE V9SS2* TlTmiiiXW W.K.KONG T*****4, *»»*X>O KELVIN CHAN H— I *****22/*****83 TO MYANMAR/YANGON SEMI CONTAINER SERVICE M OCEANLINES ttt VOY
      551 words
    • 1792 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FDR Wl SJN LINE HAUL SEA POX fOR VSI S* lII* HAW SAV KM NYC HANIIN FELIXSTOWE 01% 18 11 MKCT 9/12 11/12 HANJIM FELIXSTOWE 019 C 18 11 M EUROPE 0101 23/12 24/12 26/12 HANKN
      1,792 words
    • 1534 38 M.±M Jd■ IH I ml ser use we me pus hut oa ng» mno l»i chs mi ntc imv tom imp tcc psd cm mi scr I QMIKOM 23 11 74 II 2111 1/12 312« 12 7/12 9/12 I*l2 12 12 11/12 23 12 4/1 tl 7/1 17/1 19/1 20
      1,534 words

  • Page 39 Advertisements
    • 2527 39 II I 'OOCL HONOUR 28W ETA SGP 21/11/93 II II 5255 I ETA RDM 07/12/93, FLX 08/12/93, BRE 10/12/93, II I LEH 12/12/93 HI I^SBBBBS^BSS^^=S=SSSSSSS=^Sii^HHMBBHHHI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULF MIDWEST USEC CANADA VESSEL VOY SGP LOS OAK VAN SET 111 (< <■ (If.
      2,527 words
    • 1191 39 9 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 JBKI BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 a MARINE INSURANCE: INVENTORY: *****59 W lIVI WI) AGENTS: KL: 03-*****75/697 PKLG: *****43/
      1,191 words

  • Page 40 Advertisements
    • 1876 40 K44 MM AS AGENTS LIME (SINGAPORE) PTI LTD (CR No: **********0 M) J TEL *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I W T MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD M Jl 1 W2j TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA P.T. SARANA LAUT
      1,876 words
    • 1046 40 PHILI-Oni€NT LIN€S PT( LTP V" 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 NOV SYDNEY, MELBOURNE, BRISBANE. FREMANTLE i 20 NOV AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH, NAPIER, CHRISTCHURCH
      1,046 words

  • Page 41 Advertisements
    • 964 41 PACIFIC INTERNATIONAL LINES (PTE) LTD] 140 Cecil Street. #03-00 PIL Building. Singapore 0106. j flf Jb CR NO **********0£ I VESSEL VOY SIN CMB JIB JED AQJ AOE HOD PZU ASA KOTA BERKAT BKTOO3 30/11 5/12 11/12 16/12 12/12 17/12 21/12 KOTA WIRAWAN WRNO3S 14/12 18/12 24/12 26/12 30/12 25/12
      964 words
    • 1227 41 I VESSELS VOT SPORE T~ HAMBURG ROIIERPAM ANIWERP THAMES II HAAVE ADAM ABRAHAM 7131W 24/11 U/12 20/1? 21/1? 22/12 24, 12 HP MM«IHS 9»31W 01/12 »/l? 27/12 2»/12 «/l? 31/12 HANSA CARRIER 7331W 10/12 02/01 04/01 OVOI 06/01 M/Ol I Witt Pt SWIUS 9131W 13/12 07/01 M/ 01 10/01 11/01
      1,227 words
    • 430 41 BSA H mm MYANMA jHMflk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKIg Pen P.Gdj lAUNGGYI V473W IN PI PAGAN V2O2W 21/24 No» MERGIfI VI2IM 24/25 Nov HPA AN VI97W 05/08 Oec MALAYSIA *GfNTS BOUSUAD SHIPPING AGENCKS HUI TCI 03 *****00 PKI TEL 03 *****67 PEN
      430 words



  • Page 44 Advertisements
    • 2828 44 Full Container Liner Services General Agents: Booking Agents: Cuan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd SI Persian* Rata Mud» Mum lot 3.34, 3rd Floor, Jl. IK. H. Luanda ***** 0-f 2 Mistri
      2,828 words

  • Page 45 Advertisements
    • 573 45 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 22/11 ROTTERDAM 22/11 AARHUS/COPENHAGEN 22/11 I HAMBURG/BREMEN 22/11 MARSEILLE. FRANCE 23/11 FELIXSTOWE/UK 22/11 BARCELONA/SPAIN 20/11 LEHAVRE/FRANCE 22/11 GENOA/ITALY 20/11 ANTWERP/BELGIUM 22/11 I LOS ANGELES/WC/IPI 21/11 SYDNEY/MELBOURNE 21/11 NEW YORK/EC 26/11 FREMANTLE/ADELAIDE
      573 words
    • 1108 45 11l ITtl m rnmi I vessel vov I vessel vov sin pew i CHAIVA BHUM 26S Fn 19/11 Tug [23/11 DEJA BHUM 2185 Fri 19/11 Sat 20/11 VESSEL VOY SIN BKK BHATRA BHUM 045 Sat 20/11 Wed 24/11 |j D BANGKA 22N Fri 19/TT Tue 23/11 H JARU BHUM 99N
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    • 218 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 g^^^RICHFIE^MIIARINM^ENCIt^S^T^^D TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) m ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING
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  • Page 46 Advertisements
    • 1814 46 CONTAINER LINES I A 9ent»: MAC-NELS SPORE: *****22 (24 LINES) V-J 'cm No: **********0E SIBU (084) *****9 KUCHINQ (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 18/11 19/11
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    • 184 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORf PORT KELANG PENANG BIUE lAOE S/UUD loading tot Mal( *UVM HUDHU 25/11 Discharging and loading (or Bombay OaPHN 19/11 loading For Male PIONEER SUPREME 23 11 loading for Male UMMEFDH 30 11 loading For Male PROGRESS LIBERTY 20/11
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    • 1054 46 THONG SOON LINES PTE LTD I /V/\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I W\/ TEL: 227-5088 FAX: 227-6011 I I TLX i RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL VOY ""sPORE PEST EQUATOR 111 106/3E 20 NOV KUCHING EQUATOR
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  • Page 49 Advertisements
    • 22 49 I EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. ■f 1 Business Times WE KNOW ASIA
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  • Page 49 Miscellaneous
    • 711 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0600 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 ft 1.9 2.3 2.6 26 2.4 2.0 1.6 1.3 1.2 1.3 1.6 2.2 2.8 32 3.2 2.9 2.4 1.9 1.3
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  • Page 50 Advertisements
    • 765 50 VIGOUR PACIFIC LINES NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 31NB 19/11/93 27/11/93 VIGOUR PACIFIC 31ANB 22/11/93 27/11/93 LOADING EVERY VIGOUR SINGAPORE 67N8 26/11/93 4/12/93 FRID Y AND MONDAY VIGOUR SINGAPORE 67ANB 29/11/93 4/12/93 PORT KLANG/PENANG FULL AINER SERVICE VESSEL VOYAGE 1 SINGAPORE PORT KLANG PENANG
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    • 349 50 @APPENSHIP /2\ HAMBURG v7v CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/LOADING FOR HIRA 111 HAMBURG 07.10 93 SPORE IN PT, BKK IN PT KANIN ANTWERP 02 10.93 SPORE 19/11 PUMA 27 10 93 SPORE 26/11. BKK 1/12 KOALA CONTAINER LINE STORE
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    • 413 50 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/11 20/11 Huangpu/Guangztiou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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  • Page 51 Advertisements
    • 964 51 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA PKE I PGP VESSELS VOY SIN RTM ANT* LEH* HAM BRtj PEL HMM ADVANCE 31A 17/11 18/11 19/11 H. CHALLENGER 307W 22/11 10/12 10/12 11/12 12/12 12/12 14/12 NORASIA MALACCA 9333 A 24/11 25/11 26/11
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    • 468 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu wr v n kk ii mil* 22 11/11 21/11 ISIM STU 152 26/11 22 11 CO9K TUMI *1 1/12 1/12 ■um TUMI II 11/11 21/11 KiISMH 2} 24/11 21/11 MINI SIT 12 22/11 DUII Mil 21 21/11 cosac
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    • 944 51 VESSEL VOY SIN ETA/D LAX OAK ICH 1 DAL MEM/COL I HOU 1 NYC 'NOR ALLIGATOR PRCE 47A 2S-26/11 12/12 14/12 15/12 16/12 16/12 17/12 17/12 18/12 GEORGE WASMNGTON BRIOGE 74A 02-03/12 19/12 21/12 22/12 23/12 23/12 24/12 24/12 25/12 ALLIGATOR VICTORY 49A 09-10/12 26/12 21/12 29/12 30/12 30/12 31/12
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