The Business Times, 6 December 1994

Microfilm: NL19753
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times \m: ksoh asia MITA(P) 010/12/93 Tuesday December 6 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 10 points
      61 1 Reuter NEW YORK Wall Street stocks followed through on last week's strength to trade higher into midday. Gainers led losers about 12 to eight. Trading volume at 11 am EST was 78,070,000 shares, compared with 89,340.000 in the same period on Friday. At Ipm EST, the
      Reuter  -  61 words
    • Article
      Lock icon EU ministers ambiguous on ERM bands
      37 1 Reuter BRUSSELS EU ministers decided that their Exchange Rate Mechanism was in perfect order and to leave open the question of whether its current wide bands should be considered normal. Reuter
      Reuter  -  37 words
  • Article
    MARKET SUMMARY
    172 1 Stock market indices Monday Change STII 2,185.57 -3.45 KLSEComp 963.88 -13.86 Nikkei 19,305.66 +307.36 Hang Seng 8,302.53 +80.96 SET Index closed Jakarta Comp 470.58 -0.47 CLSA China B 967.60 -13.21 Aust All Ord 1.897.5 +17.4 FTSE 100 3,033.5 +16.2 Monday Previous 1 pm ESI close Dow Jones 3,756.05
    172 words
  • Article
    US$ rise spurs Japan, Philippines stocks
    193 1 SINGAPORE The Japanese and Philippine stock markets were the only regional bourses to react significantly to Friday's firming of the US dollar and stocks, with most others ending lower in thin trading The US dollar on Friday rose unexpectedly past 100 yen for the
    193 words
  • Article, Illustration
    KL body moots plan to allow EPF funds for share buys
    517 1  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S Securities Commission (SC) will propose that members of the Employees Provident Fund (EPF) with savings of more than M 5300.000 (*****.000) be allowed to withdraw their excess money to in\est in
    517 words
  • Article
    New TAS policy to ring in cheaper hotel phone calls
    613 1  -  By Catherine Ong SINGAPORE In another move to lower the cost of telecommunication services, the Telecommunication Authority of Singapore (TAS) said it will allow companies to buy services from Singapore Telecom at a discount and resell them to customers. The
    613 words
  • Article
    Bapepam warns on derivatives after listed firms suffer losses
    478 1  -  From Leslie Lopez in JAKARTA INDONESIA'S stock market watchdog. Bapepam. has warned publicly listed concerns to be cautious when trading in derivatives. after three prominent groups confirmed that they had incurred losses in such trades. As speculation mounted that the extent
    478 words
  • Article, Illustration
    Shares case: Rafidah faces probe by anti-graft agency
    443 1  -  From Ho Kay Tat in KUALA LUMPUR THK Anti-Corruption Agency is investigating it" Malaysian International Trade and Industry Minister Kafidah \/iz had committed an offence when a committee she chairs alloted 1.5 million shares of listed l eader I niversal Moldings Bhd
    443 words
  • Article
    Leng Beng: I am not involved in buying Parkway Holdings shares
    365 1  -  By Lee Han Shih SINCiAPORL Kwek Leng Beng. the head of the giant Hong Lcong group, clarified yesterday that it was not he but his sisters and some cousins who were involved in the buying of shares in Parkway
    365 words
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      186 1 X'MAS SALE I Nikon IQDM3® QD THE WORLD S SMALLEST 3SMM AUTO FOCUS CAMERA_ CONTENTS News Companies S pore News 2 S pore-M'sia 21.22.24 Regional News 3.4.5 Financial 26.21 World News /.8 Features Markets Analysis 19 Clob HIST. SIS 30 32 E<tto»ial 18 Regional 28 Sports 15 World .29 IV
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      10 1 Property: Pg u Amarus regional expansion Full reports, Pgs 28-32
      10 words
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      33 1 Hock Lock Siew: Pn 21 l?j Sichuan: gold mine for Spore s*f>C s Hotels unhappy, Pg 2 Asian telecom stocks fall out of favour, Pg 21 Mobile phone market: shake-up expected, Pg 21
      33 words
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      76 1 X'MAS SALE I m JbSbshhH Nikon IQDNI3CJDQD THE WORLD S SMALLEST 35MM AUTO FOCUS CAMERA Line: 20 Tbelpoliticisation of aid I I Carter iewe»ery is sotd exclusrvety m the Cartier iewe«ery stores and Les Must de Cartier boutiques Each piece iS accompanied by a certificate guaranteeing its authentcity a/iter boutique/
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  • EYE on the ECONOMY
    • Article, Illustration
      Lock icon Pawnshops still the old reliable
      329 2  -  By Paul Leo BUSINLSS at the 60-odd pawnshops has continual to improve this year. According to the lX*partment of Statistics, the amount of loans given out by pawnbrokers in the first nine months of this year totalled $709.30 million, 12.5 per cent higher than the
      Source: Dept of Stats  -  329 words
    • Article
      Hotels unhappy with cut in surcharges for IDD calls
      442 2  -  Reaction to TAS rate change By A J Leow THE DAYS when local hotels regard their telephone departments as profit centres are numbered. That's because from April I next year, the maximum surcharge on IDD calls hotels can impose will be
      442 words
    • Article
      Law on finance firms brings credit standards into line with banks
      559 2  -  Yesterday in Parliament Reports by <*m*4 Ven Sreenivasan, Schutz Lee A BIL L to raise the credit standards of finance companies to bring them more into line with banks was passed by Parliament yesterday. Among the provisions of the
      559 words
    • Article, Illustration
      Income ceiling raised for purchase of 4-room or bigger HDB flats
      285 2 THE monthly income coiling for households wishing to buy 4-room or bigger flats from the I lousing Development Board has been raised to $8,000 from today. Acting Minister for National Development Lim Hng Khiang announced the SI.(HM) increase for
      285 words
    • PARLIAMENT SNIPPETS
      • Article
        Govt spent $4.5m on visits abroad
        95 2 1 HI: GOVERNMENT spent 54.5 million between Jan iary and October this year on ministerial and official visits abroad, finance Minister Richard Hu said yesterday. Overseas travel comprises visits in response to invitations from foreign governments and conferences held overseas organised by multilateral organisations.
        95 words
      • Article
        No need to ratify WTO pact
        74 2 SINGAPORE'S acceptance of the agreement establishing the World Trade Organisation need not be ratified by parliament because the cabinet has the authority to enter into international treaties on behalf of the country, said Deputv Prime Minister Lee Hsien Loong. Parliament's approval will be sought
        74 words
      • Article
        More Third Country courses
        57 2 THE NUMBER of courses for the Third Country Training Programme which Singapore and Japan are co-sponsoring will increase from nine at present to 12 in 1997. The courses, held in Singapore for personnel from developing countries, are in fields where Singapore itself has benefited from Overseas
        57 words
      • Article
        Two amendment bills tabled
        65 2 TWO BILL S were introduced by the Acting Minister for National Development. Lim Hng kiang. yesterday. They are the Architects (Amendment) Bill and the Professional Engineers (Amendment) Bill. The amendments seek to allow non-professionals to be directors of architectural and engineering firms. However, at least two-thirds
        65 words
      • Article
        No duplicating of bus service
        91 2 COMMUNICATIONS MINISTER Mali Bow lan said his ministry would not license private bus operators to duplicate the basic bus service operated by main contractors. This is because the main operators, unlike private operators, are required to take both profitable and unprofitable routes. Thus there is
        91 words
      • Article
        Easier upgrades for HUDC estates
        76 2 PARLIAMENT approved a bill allowing Phase I and II HUDC estates to undertake upgrading exercises if not more than 25 rer cent of total tMowners in the estate cast their %T>Tc<3gainst it. Acting Wrifster for National p... rmitril Lj| Hng Kiang sanjk+fte previous ruling which
        76 words
      • Article
        Accident payment limit raised
        60 2 THE Motor Vehicles (Third Party Risks and Compensation) (Amendment) Bill was approved by parliament. The bill raises the limit for the payment of accident compensation money to the Public Trustee by an insurer or the owner of a motor vehicle to $5,000. Previously the amount of
        60 words
    • Article
      Precision engineering industry grows by 12%
      330 2  -  Reports by Claire Leow OUTPUT of Singapore's precision engineering industry grew 12 per cent to $8.5 million this year, driven by the strong manufacturing growth especially in the electronics sector. The value-added component also rose by 14 per cent to exceed 53.5 billion. The
      330 words
    • Article
      West gives S'pore low marks for business image
      319 2 SINGAPORE'S business reputation in the West is lagging behind its economic strength. Time Magazine's Asia Marketing News said a recent survey Country' Images "94 shows that Asians rank Singapore only second to Japan in terms of quality of products, but Europeans and
      319 words
    • Article, Illustration
      Molex Singapore plans to invest $50m to expand plant capacity
      438 2 MOLEX Singapore will invest S5O million over the next three years to expand its plant capacity by 50 per cent, the company announced yesterday. The company makes connectors used in the automotive, computer products and peripherals. consumer electronics and telecommunications
      438 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Malaysia to supply 30% of Japan's LNG by next year
      526 3 Reuter KUALA LUMPUR Malaysia will supply about 30 per cent of Japan's natural gas needs by 1995 when its second liquefied natural gas (LNG) project LNG Dua comes on stream, the chairman of its national oil company, Petronas, said yesterday.
      Reuter  -  526 words
    • Article
      Smuggled consumer goods flow into Vietnam via Cambodia
      292 3  -  By Harish Mehta SINGAPORE Smugglers are using Cambodian ports and cities as transit points for shipments to Vietnam, which has banned the import of a wide range of consumer goods. Director of foreign trade in the Cambodian Ministry of Commerce Mao Ihora
      292 words
    • Article
      Lock icon Muhyiddin calls for use of exchange rate to curb inflation
      159 3 KnightRidder Bernama SINGAPORE Johor Chief Minister Muhyiddin Yassin yesterday called for more active use of the ringgit exchange rate to curb inflation, the Bernama news agency said. The exchange rate could be used with traditional monetary policies to neutralise the
      Knight- Ridder; Bernama  -  159 words
    • Article
      Lock icon Beijing and Jakarta to boost trade ties
      203 3 Bernama BLUING Indonesia and C hina have agreed lo enhance their bilateral trade relations as both countries are complementary in the economic and trade fields. Indonesian Trade Minister Satrio Budihardjo Joedono and his Chinese counterpart VVu Yi said at their meeting here last
      Bernama  -  203 words
    • NOTE BOOK
      • Article
        Lock icon Philippine economy seen slowing
        83 3 AFP MANILA The Philippines* economic growth will slow down in the last quarter of 1994. Economic Planning Secretary Cielito Habito said here yesterday. But a prominent business group also forecast yesterday that the Philippine economy would perform better in 1995 after a robust performance in 1994.
        AFP  -  83 words
      • Article
        Lock icon KL denies nod to youth-row firm
        110 3 Bernama KUALA LUMPUR The Malaysian government yesterday denied appro\ ing a M 588.6 million (5550.7 million) contract to a local company to run a youth programme that has come under criticism from the Malaysian Youth Council. Youth and Sports Ministry parliamentary secretary Ismail Said
        Bernama  -  110 words
      • Article
        Lock icon Indonesia recognises reporters' deaths
        54 3 AP JAKARTA Indonesia yesterday officially acknowledged for the first time that five Australian journalists were killed during the civil war in Last Timor in 1975. but disclaimed responsibility. As experienced journalists, the reporters should have known that the war in East Timor was dangerous. Foreign Minister
        AP  -  54 words
      • Article
        Lock icon M'sian group protests over Bosnia
        38 3 Bernama KUALA LUMPUR The Malaysian Action Front, a grouping of Malaysian non-governmental organisations concerned with world issues, yesterday handed protest letters to representatives of Britain. France and Russia on the Bosnian issue. Bernama
        Bernama  -  38 words
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      209 3 i^L B i~\ m .jinmriaMg,For the serious driver a ear that'*( seriously dedicated to driving pleasure Once behind the wheel, you'll be engine, coupled with all round double- seconds. While its longitudinally mounted security. Where safety is concerned no effort for a test drive. But be prepared it's addictive, cocooned
      209 words
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      Lock icon Taiwan stocks surge on KMT poll win
      556 4 Analysts expect 10 r f growth by year-end. outlook for '95 good Reuter AEP TAIPEI Taiwan's stock market index surged 4.17 per cent yesterday in a heady celebration of victory by the ruling Nationalist Party in key islandwide elections last Saturday. Analysts confidently
      Reuter; AEP  -  556 words
    • Article
      Lock icon US official makes landmark visit to Taipei foreign ministry
      232 4 Reuter. TAIPEI ministerial-level US official visited Taiwan's foreign ministry for the first time in 15 >ears yesterday, passing a milestone in bilateral ties opposed by China. L'nited States Transportation Secretary Federico Pena said he had been asked by President Bill Clinton
      Reuter.  -  232 words
    • Article
      Lock icon Pakistan finds trade gap with China an irritant
      251 4 AFP BLUING Pakistani President Farooq Ahmad Leghari yesterday stressed the traditionally warm ties between Islamabad and Beijing but said more must be done to close a massive trade imbalance. Mr Leghari, on a week-long visit here, said his talks with President Jiang
      AFP  -  251 words
    • Article
      Lock icon HK to hold last legislative polls in September next year
      296 4 Reuter. Knight-Ridder HONGKONG Hongkong will hold elections to its j doomed Legislative Courtcil on I Sep 17. next year, the last polls to the council before the terri- 1 tory reverts to Chinese rule, i the government said yesterday. I
      Reuter.; Knight-Ridder  -  296 words
    • Article
      Lock icon Most UK firms unlikely to leave HK before '97: report
      189 4 AFP HONGKONG Most British firms are unlikely to move out of Hongkong before Beijing's takeover of the territory in 1997 in view of huge potential profits to be reaped from China's growing economy, a Chi-na-owncd monthly magazine said yesterday. Except
      AFP  -  189 words
    • CHINA WATCH
      • Article
        Lock icon Rural China hit by price rises
        108 4 Reuter BEIJING Prices have been rising more quickly in the Chinese countryside than in towns and cities this year and many items now cost more in rural areas, the China Business limes said yesterday. In the third quarter, retail prices rose a year-on-year 29.58
        Reuter  -  108 words
      • Article
        Lock icon Spratlys belong to Beijing: paper
        103 4 Reuter BLUING More than 10 years of research by 400 scholars and experts in 48 fields have proved the disputed Spratly islands belong to China, the official Guangming Daily newspaper said yesterday. "After 400 scholars and experts toiled for 10 years, they obtained innumerable results
        Reuter  -  103 words
      • Article
        Lock icon China tourism income to rise 49.5%
        110 4 Reuter BLUING China earned U553,393 billion (554.9 billion) from foreign tourism in the first half of the year and total earnings are expected to reach USS7 billion, a massive 49.5 per cent rise from the previous year, the People v Daily said yesterday. The
        Reuter  -  110 words
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      138 4 Because 1 Our Worldwide Express Delivery System Runs With Such Precision, I 9 We Guarantee It Like A Fine Swiss W\tch. BM^Bl Kffj 1 m. I Introducing the Worldwide Express Guarantee, from UPS. On time, or your money back.* On time. Every time. To thousands of cities and business centres
      138 words
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  • REST OF ASIA
    • Article
      Call for debate on Japan's constitution
      454 5  -  From Anthony Rowley in TOKYO A FORMER Japanese defence minister, Keisuke Nakanishi, who was forced to resign last December after he suggested a revision of Japan's post-war "peace" constitution, yesterday called for public debate on the issue. He also attacked China lor "thoroughly distorting"
      454 words
    • Article
      Lock icon Japan's clean party disbands to pave way for new alliance
      330 5 AFP TOKYO A major Japanese politieal party, founded by the country's biggest Buddhist organisation three decades ago, disbanded yesterday ahead of the establishment of a new opposition alliance. "We have made a number of remarkable achievements, including our contribution to
      AFP  -  330 words
    • ASIA NOTES
      • Article
        Lock icon Japan plans first budget cut in 40 years
        95 5 Bloomberg Business News TOKYO The Ministry of Finance plans to cut the government's main budget for the fiscal year starting April 1 the first such cut in 40 years, Jiji Press reported. This year's budget was swollen from the sale of the
        Bloomberg Business News  -  95 words
      • Article, Illustration
        Lock icon Body of evidence
        43 5 Reuter TOKYO Chanting demonstrators show photos of skulls and bones unearthed in Tokyo, suspected as evidence of the Imperial Army's germ experiments on Chinese. Korean and Russian prisoners. The protesters want authorities to halt the cremation of the remains. Reuter
        Reuter  -  43 words
      • Article
        Lock icon French businessmen visit Australia
        71 5 AFP SYDNEY Leading French business figures were taking a close look at the fastest-growing economy in the industrialised world yesterday as the largest French trade delegation to visit Australia held meetings here. Headed by Francois Perigot, president of the National Council of French Employers, the delegation
        AFP  -  71 words
      • Article
        Lock icon Aussie jobless rate steady: survey
        87 5 Knight-Ridder CANBERRA Increasing numbers joining the work force in a booming economy are expected to have prevented Australia's adjusted unemployment rate falling below 9 per cent last month. A Knight-Ridder survey of 10 economists found an averaged forecast for the November adjusted jobless rate of
        Knight-Ridder  -  87 words
      • Article
        Lock icon Former Indian PM quits parliament
        59 5 Reuter NEW DELHI Former Indian prime minister Vishwanath Pratap Singh resigned from parliament yesterday, the Press Trust of India (P IT) said. For nearly a year, Singh, 63. has been suffering from a rare type of blood cancer that has curbed his political activity. But
        Reuter  -  59 words
    • Article
      Lock icon Seoul expands revamp of govt structure to cover 4 more ministries
      292 5 AFP SEOUL A drastic revamp of" South Korea's government structure will be widened to include the defence, foreign, justice and labour ministries. The Ministry of Government Administration yesterday said initial plans for the sweeping overhaul ordered by President Kim
      AFP  -  292 words
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      457 5 I FOR THE PRESTIGIOUS of wales MSc •SB*" Health Care Management rhe University of Wales, established in 1892, is second in size to the University of London. It is recognised today as the centre of excellence for the provision of a wide range of education, training and research. Its expertise
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      359 6 THE ASIA-PACIFIC GROWTH FUND. A CLOSER LOOK AT THE PAST 3 YEARS. K' 9 In 1992, the C.L. Asia-Pacific Growth Fund was made available But past performance cannot be the only criteria for considering through Citibank. The Fund has proven to be one of the best performers a fund. As
      359 words
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  • THE WORLD
    • Article
      Lock icon UK economy recovering but consumers fight shy of debt
      425 7 Reuter LONDON The British economy is recovering but consumers are still wary of getting into debt. figures published yesterday showed that net consumer borrowing slid to £451 million (S$ 1.03 billion) in October, from September's £479 million. Bank credit card net
      Reuter  -  425 words
    • Article
      Lock icon Call for 7% cut in US govt spending to balance budget
      261 7 Bloomberg Business News WASHINGTON Incoming Speaker of the House Newt Gingrich said federal government spending must be cut by 7 per cent to 8 per cent in the next seven years to balance the US budget. Mr Gingrich, who
      Bloomberg Business News  -  261 words
    • Article
      Lock icon Most CIS states still suffering economic slump
      261 7 Reuter MOSCOW Commonwealth of Independent States (CIS) countries, struggling to adapt to the collapse of the Soviet Union, nearly all recorded sharp falls in economic output in the first 10 months of the year. With the 12 CIS countries also hit hard by
      Reuter  -  261 words
    • Article, Illustration
      Lock icon No sleeping matter
      45 7 Reuter LONDON lyorna Bhasin (centre) holding onto her 4->ear-old girl Balika as she arrives at the High Court here dressed in nightwear with fellow protester John Kepsch yesterday. I hey are protesting against the increased night flights from lleathrow International Airport. Reuter
      Reuter  -  45 words
    • WORLD WATCH
      • Article
        Lock icon Berlusconi lashes out at investigators
        85 7 Reuter BUDAPtSI Italian Prime Minister Silvio Bcrlusconi yesterday lashed out at anti-eorruption investigators trying to question him. suggesting their aetions eould he seen as a leftist political campaign to hring him down. "Many believe that this inquiry is a political attempt to tarnish the image
        Reuter  -  85 words
      • Article
        Lock icon Russia's best trade partners
        81 7 Reuter MOSC OW Russia's five most important trading partners this year will be Germany, the United States. Britain. Italy and China. RIA news agency yesterday quoted the Foreign Economic Relations Ministry as saying. It also quoted the State Statistics Committee as saying industrialised countries* share of
        Reuter  -  81 words
      • Article
        Lock icon Banks linked to organised crime
        65 7 AFP WASHING lON Hall of Russia's 25 leading banks have links with organised crime syndicates or are engaged in other illegal financial dealings. The Washington times yesterday quoted a secret Central Intelligence Agency report as saying one of the banks. Menatep, had set up "an
        AFP  -  65 words
      • Article
        Lock icon Ukraine signs nuclear treaty
        52 7 AFP BUDAPLSI Ukraine signed the nuclear Non-Proliferation I reaty (NPT) yesterday in exchange for guarantees on its security from the United States, Russia and Britain. The Ukrainian Parliament ratified the NPT conditionally on Nov 16, specifying that this would not be effective until there were security
        AFP  -  52 words
    • Article
      Lock icon Pollution costs Arabs 3% of GDP: World Bank
      391 7 Reuter CAIRO Environmental problems are costing the Arab world over USSIO billion (5514.6 billion) a year, almost 3 per cent of regional GDP. and the costs will rise unless they take action, the World Bank said in a report. Forty-five million of
      Reuter  -  391 words
    • Article
      Lock icon Economists query Fed rate-hike policy
      534 8 NYT WASHING I ON As growth continues unabated 10 months after the Federal Reserve began trying to slow it. more and more economists are concluding that the fed's all-purpose tool, raising or lowering interest rates, is not as effective as it used to be. To
      NYT  -  534 words
    • Article
      Lock icon Hang on to equities: US fund manager
      394 8 Ridder SYDNEY The US Federal Reserve is "playing with fire" by risking slowing the economy too quickly, but institutional investors should not rush to shift assets into fixed-income securities from equities, an official of the largest US pension fund said yesterday. Charles Valdes,
      Ridder  -  394 words
    • Article, Illustration
      Lock icon Rolling out the hardware
      45 8 Reuter CHECHNYA A mobile Russian arrnv division reaching itself for possible action near the Madikauka/ airport here on Sunday. Russian President Boris \eltsin has pledged to take action unless all factions in the breakaway southern region disarm b> Dec 15. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Recovery fragile in Western Europe, growth uneven in the east
      260 8 AFP GENEVA Economic recovery in Western Europe is still weak while in Eastern Europe the process of reform in former communist states is consolidating unevenly, the UN Economic Commission for Europe said today. Meanwhile, growth in North America, which is
      AFP  -  260 words
    • Article
      Lock icon More US execs see Nafta boosting jobs
      279 8 AP NLW YORK More US business executives now believe the North American Free Trade Agreement (Nafta) has created jobs in the United States and many think the pact should be expanded into Latin \merica. said a survey released yesterday. Ihe survey, commissioned by
      AP  -  279 words
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      30 7 jSSSSSBy^»r r. *£S|lkB||& yijSwwMf i i tg^^jE&ST»«£ZrN-.<^iW :> 'ffrrTißr '^bßlß^^^^^K''Mr/ LiF.G^^HaF %wkm^§& IT TAKES EIGHT WEEKS TO MAKE AND IS GUARANTEED TO LAST A LIFETIME. HOW CAN YOU LOSE? t PARKER
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      130 8 Lunch Hour Negotiation Starts Here. pP"**"""""" «V-t- '1 —1 That our spiral staircase is a metaphor for corporate dealings is nothing odd Start your proposition tuhile your client spins doiun to an underground haven with polished floor Spill your ideas as he marvels at the mosaic of paintings. Before he
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      94 8 Factory/warehouse/offlce at Ang Mo Kio Industrial Park 2 m i i■mi""-' iatfr Ml Building Permit no: 4227/84 A rare opportunity to Prime location OWfl a corporate Close proximity to canteen building for your andMRT factory/warehousing Easily accessible via CTE and office needs. Ample carparking Fart 3/part 4 storey building Hewing
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      437 9 Our master watchmakers have always been A LITTLE AHEAD OF THEIR TIME. The company's total commitment to this philosophy has enabled our master watchmakers to create some si of the greatest mechanical watches ever made. It's g r= a=,i 5 HHM more than a craft. It's a passion. They use
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      1949 11 is it, we re sometimes asked, that there .Small is beautiful. It takes live bottles ol the finest wine, j)rown The story o! Alartell is interlaced with tales appears above the Alartell loqo a depiction ol a golden I ll I I i II Irom grapes raised only in the
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Spanish chain on Bali hotel blitz
      729 12  -  Grupo Sol is to open 4 more hotels to provide a range of accommodations. A J Leow reports A J Leow SPAIN'S Grupo Sol hotel chain is gearing up to carve up a larger slice of Indonesia's growing tourism market by opening four new
      729 words
    • Article
      Lock icon Japan's land tax system not likely to be changed
      342 12 NYT Till land tax \aluc structure now in place in Japan will likely stay in place through fiscal 1995. largely because the Social Democratic Party of Japan and New Party Sakigake are to maintain the tax as a way of stemming
      NYT  -  342 words
    • Article
      PROPERTY WATCH
      265 12 Selected transactions in the past week Date of Built in area/ Sate price transaction Di>Wct T VP» land area (sq ft) Tenure (SS) <( PRIVATE Nov 28.1994 2367 Dairy Farm Estate Condo2 1389 FH 770.000 554 Nov 28. 1994 2057 Fulton Road Terrace 3*1 2300/2864 J FH j
      265 words
    • Article, Illustration
      Amara's Shandong resort to be ready by early 1997
      373 14  -  Property developer Teo l eek I luat plans to plant the Amara name in the region Abdul Hadhi tracks its regional ventures Abdul Hadhi THE Teo Tcck Huat group's first China venture Amara Golf Resort Huashan in Qingdao, Shandong province will
      373 words
    • Article
      ERA's November sales hit a record high of $200m
      202 14 LOCAL real estate firm ERA Realty Network has reported $200 million of property sales for November, the highest in its 12 years of operating in Singapore. ERA said yesterday the sales figure was more than double the $89 million achieved for
      202 words
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      161 12 mm ITALY AT OmNOM SOUTHIAST ASIA '94 Climbing The Heights of Technology To Reach The Murky Depths nm v i ■ft Mm I SfKnlfci^r Like developing a design project for a expertise and equipment have been submarine storage tank with a capacity proven in the most trying oil and gas
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      411 13 You've got piles of multi-part forms to print out, and you need to get through them fast. The only solution, short of using a chainsaw, is the EPSON DFX-8000. A faithful workhorse, it turns out a blinding top speed of 1066 cps in draft mode. Impressive? Definitely, but what about
      411 words
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      394 14 THE FINEST COLLECTION OF HEALTH CENTRES IN SINGAPORE p ARK VIEW IMPERIAL NEWPARK SCOTT^EW^ ESffiSaSSBSBEI Impenal Hotel 1 Jalan Rumbia, New Park Hotel 6th Level sth Fir, Royal Holiday Inn Holiday Inn Park View 81-01 Singapore 0922. 181 Kitchener Road. Crowne Plaza 25 Scotts Road. 11 Cavenagh Road, Tel: *****18/*****19
      394 words
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      112 14 95 115 ONAN ROAD 5(1542) (EN-BLOC OR SUBDIVIDED PARCELS) 11 units of 2-storey Conservation buildings undergoing restoration works expected to be completed end '94 FREEHOLD En-bloc Land Area 14,176 sq ft. Individual parcels range from 1711 to 2981 sq ft. CLOSING DATE: 19TH DEC *94 4:OOPM (Unless Sold Prior) For
      112 words
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  • SPORTS
    • Article, Illustration
      Lock icon Success finally swings Faldo's way
      762 15 Sun Citv Million Dollar Challenge AP SUN CITY. South Africa Nick Faldo wants no sympathy for 1994. a year that saw him lose his rating as the world's best golfer and fail to win a major tournament. Asked if his victory on Sunday at the
      AP; Reuter  -  762 words
    • Article
      Lock icon Asians a must, says Player
      279 15 AFP SUN CITY, South Africa At least one golfer from Asia must participate each year in the Million Dollar Challenge, which carries the biggest purse in the sport. South African golfing legend Gary Player said here on Sunday. The last time an Asian golfer competed
      AFP  -  279 words
    • Article, Illustration
      Lock icon Jordan top earner even in retirement
      886 15 AP NEW YORK Michael Jordan, despite his retirement from basketball, heads the list of the highest-earning atl letes for the third straight year. Jordan earned USS3O.OI million (SS44 million) this year, down from US$36 million in 1993. US financial magazine Forbes said in its
      AP  -  886 words
    • SPORT SHORTS
      • Article, Illustration
        American Football
        289 15 NEW YORK NFL SundayPhiladelphia 19 Dallas 31; Cincinnati 15 Pittsburgh 38; New England 24 NY Jets 13; Tampa Bay 26 Washington 21; SF 50 Atlanta 14; LA Rams 15 New Orleans 31; Detroit 34 Green Bay 31; C leveland 13 NY Giants 16; Houston 12 Arizona 30; Seattle
        289 words
      • Article, Illustration
        Golf
        37 15 TARPON SPRINGS, Florida LSSI.2-million LPGA/PGA lour C lassic final scores Sunday: 262 Martha Figueras-Dotti (SpnFßrad Bryant (US) 64-70-62-66 (won on fourth sudden-death play-off hole). Helen Alfredsson (SweFßobcrt Game/ (US) 66-64-64-68 263 Beth Daniel-Davis Love (US) 65-65-65-68.
        37 words
      • Article, Illustration
        Basketball
        10 15 PORTLAND, Oregon NBA Sundav: Portland 106 Milwaukee Bucks 103.
        10 words
      • Article, Illustration
        Lock icon Swimming
        85 15 AFP BEIJING Sanctions will be taken in "one or two days" against people implicated in the Asian Games drug scandal involving II Chinese athletes. Yuan Jiawci. vice-president of the Chinese Swimming federation, said yesterday. Ministry of sports spokesman Shao Shiwci confirmed that other officials would be punished, in addition
        AFP  -  85 words
      • Article, Illustration
        Lock icon Tennis
        96 15 Reuter MOSCOW Sweden, already assured of victory in the Davis Cup final, completed a 4-1 success over Russia on Sunday interrupted only by Stefan Edbcig's defeat to Yevgeny Kafelnikov in the first of the "dead" reverse singles matches. Kafelnikov shrugged off the disappointment of seeing the C up slip
        Reuter  -  96 words
      • Article, Illustration
        Lock icon Rugby
        133 15 Reuter 1)1 BUN South African captain Francois Picnaar believes his side has improved by "40 per cent" during the 13-match tour of Wales. Scotland and Ireland that ended on Saturday. Despite their 23-15 defeat by the Barbarians in an exciting finale at Lansdownc Road, the Springboks return with a
        Reuter  -  133 words
    • Article
      Lock icon Pittsburgh, Dallas can try for a rematch
      297 15 UPI NFW YORK The Dallas Cowboys and Pittsburgh Steelers. who have played two of the most entertaining of the 28 Super Bowls and who faced each other on the opening weekend of the season this year, arc now officially eligible to try for
      UPI  -  297 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      188 15 AI£AN AUSTRALIA LTD USD 175:000.000 Transferable Loan Certificate Facility Agreement Dated 23rd December, 1991 In accordance with clause 14 of the Terms and Conditions of the Transferable Loan Certificates (the "TLC's") Swiss Bank Corporation, as TLC Agent, hereby advises receipt of a notice given by Alcan Australia Limited (the "Issuer")
      188 words
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      Page 15 Advertisements Column 2
      95 15 We prov ide shelf companies and incorporation serv ices in ALL jurisdictions, including British Virgin Islands Cook Islands Cayman Islands Hong Kong Bahamas Western Samoa l ull nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      95 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      499 16 Nothing Beats A Bud. PuNO OF V- I The number.. ge ~p pe d. 1 »».•*•»I r rU ""T"-i7.T •< p-"** HoW 'z■„'£:* Z- '-r'" I i«. s«»*»r I H I BOULEVARD hotel. fZy*ecun Uleddittga— Highlights of our packages from $3884-+ include: 9-course Chinese dinner with free flow of soft
      499 words
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      Page 16 Advertisements Column 2
      402 16 WHERE TO WINE, DINE AND ENTERTAIN S I BUSINESS LUNCH OR I FAMILY DINNER, I i FEAST ALL YOU CAN. 1 f i fc; That's over 50 delightful dishes in all! Featuring the best talked about seafood and Cantonese cuisine. All k M you can eat. Complimentary platter of I*
      402 words
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      Page 16 Advertisements Column 3
      406 16 EE aa fllP >250** SWfl!? TxitgtD- X" of 1 persons }joo++ ('Birthday 'Maximum of Maximum of Tacfyge C 15 persons) 10 persons) $180 55j|SF|'wf Hookji %oom for a song. y«r reservations ca// u«( 6J5i tvrurrn 10 <Oam and bJOpm <♦ SJI b '10 after SJOym Liliclfy «rr subject to sennet
      406 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The ayes have it
      942 17  -  Feisty Glaswegian James Kelman talks about his Booker Prize success with Sarah Lyall Sarah Lyall IHT NO SOONER had James Kelman's novel How Late It Has. How Late won this year's Booker Prize for fiction than a full-scale furore erupted. One of the judges. Rabbi Julia
      IHT  -  942 words
    • Article, Illustration
      Up, up and away to S Africa via a creative flight of fancy
      338 17  -  Shahiron Sahari meets winners of BT's MasterCard travel contest Shahiron Sahari GIVEN the choice. Robin Tan and Khor Cheng Kian would prefer to fly in a vintage aircraft around the world. But as winners of "The MasterCard
      338 words
    • Article
      Lock icon Jodie Foster sensitive about remaining a real person
      286 17 CHATTERBOX UPI UPI UPI UPI UPI JODIE FOSTER admits she once felt like an outsider in the acting world. "I thought 1 was just an impostor. I was faking it." the actress-director said in an interview broadcast last Thursday on CBSS live
      UPI  -  286 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      198 17 Okie English Eating House Bi 277 Orchard Rd #02-38 Specialists' Centre S (0923) MM When you spend $25/-or more at Fosters for lunch :>1 or afternoon tea from Mon-Sat, show us your valid I ■1| daily or monthly CBD pass $2/- will be refunded. v\ I Specialized in steaks, farmhouse
      198 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      1190 17 TV RADIO The Fresh Prince of Bel-Air, f Bpm, Ch 5 Carlton, the mascot of the Uni- versity's football team, is kid- ~J V napped b\ a ri\al college, lo inspire the home team. W ill r must don a peacock costume. 3f Back to the Future 11. 8 30pm.
      1,190 words
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  • Article, Illustration
    Canberra's A$10b insurance policy
    717 18  -  The Australian Defence White Paper paints a gloomy picture of potential conflicts throughout the region. Peter Lynch considers this assessment Peter Lynch The writer, a Sydney-based journalist, contributed this article to B T IN I HI. depressing, downbeat world of military strategy. good is bad. bad
    717 words
  • Article
    European hopes for security
    560 18 EDITORIAL IF THIiKE were any doubts that the delegates to the 52-nation Conference on Security and Cooperation in Europe (CSCE) would have a hard time in Budapest. Russian President Boris eltsin's statement that Nato's expansion plans would risk a return to Cold War tensions settled the
    560 words
  • WHAT THE OTHERS SAY
    • Article
      Japan must be bolder
      340 18 THERE was no doubt that when the Murayama government unveiled its budget recently, it had intended to send a strong signal of fiscal expansion to the nation and the world at large. The two main stimuli, an income tax cut and a tax rebate, amounting to
      340 words
    • Article
      Higher costs in store?
      146 18 THE levy on foreign workers has been quite effective in regulating the supply of such workers in Singapore. Employers, however, are unhappy about the increase in levies. This would raise production costs, leading to a rise in the prices of goods and services, or. simply put.
      146 words
    • Article
      Taiwanese vote for stability
      158 18 ON THE issue of Taiwan's independence. Taiwanese voters made it clear they wanted things to remain as they were. They did not want to see the opposition Democratic Progressive Party make a clean sweep and bring political upheaval to Taiwan, or worse, sour relations between China
      158 words
    • Article
      Local authorities underperform
      165 18 LOCAL government has hardly figured as largely in the public consciousness as its more central superiors at State and Federal levels. But this is changing rapidly as people start to demand the residential amenities and infrastructure that underpin improving living standards. In developed countries, local authorities or
      165 words
    • Article
      Fears of a bust
      169 18 THE Nov 17 regulation issued by the Publie Housing Minister on the sale of apartments should be weleomed as an efYort- to protect the interests of consumers. We are not sure, though, whether the ruling, which we think should have been issued last year, will be
      169 words
    • Article
      Treading a fine line in Nepal
      109 18 AFTER two weeks of horse-trading and uncertainty following the Nov 15 mid-term poll in Nepal. Man Mohan Adhikari. the chairman of the Communist Party of Nepal (United Marxists Leninists), was officially asked on Wednesday to form the new government. Prime Minister Adhikari's minority government
      109 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      297 18 For more than a century and a half. Patek Philippe has been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very
      297 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      76 18 A ■T Seems f V4FYTS, O'GRALUS IT'S JO&T R R&miMDeR *£E- VO£ u)Oß<ttf& booTS F\BOVJT THe. Tvßrn'S "TRV'NG "fo \piHtJeß PiND DRWC£, J CUT DCUN \V J ASSOCIATEO 9HO DOONESBURY GARRY TRUDEAU 50WHATPOESTHEHEUfT-MAN HAVETO SAY ABOUT THE PISWR- R M£X2JMV£ IHTEFVIEW W LATER, WHEN I (MUP TO MON WHYHEMON T
      76 words
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  • ANALYSIS
    • Article, Illustration
      More talk than deals
      1200 19  -  Leslie Lopez reports on the economic prospects for East Timor and meets the head of the province's largest and most profitable enterprise Leslie Lopez The writer is BT's Jakarta correspondent THE chief of East Timor's Investment Coordinating Board says this remote Indonesian province holds great economic
      1,200 words
    • Article
      'We don't owe the banks anything'
      888 19 WHLN Alex Sumampow arrived in Last Timor about IS years ago. he had to dodge gunfire from armed rebels battling Indonesian troops when he went out to bu> coffee beans from the farmers. "I drove the lorry myself, carrying the coffee, and bullets were
      888 words
    • Article
      Lock icon The fallacy of identifying sovereignty with power
      949 19 The East Asian economies prove that the secret of wealth is the wise use of resources FT IN FRANCE, "the notion of the unsurrenderable sovereignty of the Elat nation still carries weight, although this sovereignty has long since become an empty shell". Thus
      FT  -  949 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      128 19 chance to take part in Asia's only event dedicated to the development of the cruise industry: The Westin Stamford Westin Plaza, Singapore A full scale exhibition and conference of international participants to promote this fast growing industry including a ship inspection programme at the Singapore Cruise Centre OPENING TIMES: Wednesday,
      128 words
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  • Article
    Lock icon US home sales up in October despite rising interest rates
    480 20 Reuter Bloomberg Business News WASHINGTON Sales of new homes posted an unexpected rise in October, the commerce department said yesterday, adding to signs that rising interest rates are having only limited impact on the pace of economic activity. Sales rose
    Reuter; Bloomberg Business News  -  480 words
  • Article, Illustration
    Lock icon Thailand celebrates king's birthday
    69 20 Reuter BANGKOK Thai-Chinese performing Chinese wooden-stick folk dance in Bangkok's Chinatown on Sunday to mark King Bhumibol Adulyadej's birthday yesterday. Buildings in Chinatown were draped with long red banners proclaiming long life to the king, and celebrations on Sunday included a dragon parade and music concerts.
    Reuter  -  69 words
  • Article
    Lock icon Hongkong should upgrade bank payment system: study
    224 20 Bloomberg Business News HONGKONG Hongkong's outdated and risk-laden system of money transfer between banks should be replaced, according to a new study. In a statement yesterday, the government said the Hongkong Association of Banks (HKAB) commissioned the study in June. The results have
    Bloomberg Business News  -  224 words
  • Article
    Lock icon Bentsen brands resignation reports as premature
    337 20 Reuter Bloomberg Business News WASHINGTON Treasury Secretary Lloyd Bentsen is expected to resign soon, administration sources said yesterday. But Mr Bentsen. reply ing to the rumours, said reports ol his resignation were "premature". "The reports are premature," Mr Bentsen told reporters. "When I have
    Reuter; Bloomberg Business News  -  337 words
  • Article, Illustration
    Aid: putting your money where your mouth is
    929 20  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent THL QUALITY of mercy, said Shakespeare, is not "strained". One might have said much the same thing at one time about aid. including that of the kind given by
    929 words
  • Article
    Lock icon Top global fund sees risks and rewards in Asia-Pacific
    450 20 Reuter, Knight-Ridder SYDNLY The largest US pension fund, saying emerging industrial eountries in Asia offer the highest returns for overseas investment, expeets to inerease its international alloeation of funds in the AsiaPaeifie "some time in the future". Charles Valdes. the chairman
    Reuter, Knight-Ridder  -  450 words
  • Article
    Lock icon Clinton, Yeltsin clash over possible Nato expansion into E Europe
    377 20 Conference on Security and Cooperation in Europe AFP BUDAPEST United States President Bill Clinton and Russian President Boris Yeltsin clashed yesterday at an all-Eu-ropean summit over possible Nato expansion into Eastern Europe as simmering tensions burst into the open. Mr
    AFP  -  377 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      76 20 f Nitsuka Digital Keyphone Systems ieading Edge lechndogy Healthy ®^§P 1 b'.m. \|><*rit*i )< < I h« I>4r <»w s ■mv on you everyday! JOL WOW COUNTRY MANNA RESTAURANTS KJ I 14 s< mis i<>>,><i *<14-jj Par Bast Plaza sin>{<i|M>r<- IH: 7it m>«»i •v» I JII 9 2 sivjl.ip Stglap
      76 words
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      Page 20 Advertisements Column 2
      7 20 Editorial: European hopes for security. Pj» 18
      7 words
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      Page 20 Advertisements Column 3
      83 20 f Distributor: fel: 21S ?0!S S«l<*ore Conamunnrtmns Equipment Co Ptm Ltd Fsx: 278 78 9 8 Quality Service; Hang on to equities: US fund manager. Fg 8 FOR SALE INTERNATIONAL STANDARD HOTELS U.K. EUROPE Munich, Germany 600 rooms London, United Kingdom 100 to 250 rooms St. Tropez, France 80 rooms
      83 words
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  • COMPANIES & MARKETS
    • Article
      Oakwell Engineering offers 20m shares in IPO
      453 21  -  By Claire Leow SINGAPORE Oakwell Engineering yesterday launehed its initial public offer with 20 million shares of 15 cents each. This comprises 15 million shares at 46 cents apiece and and 5 million shares for placement at 49 cents each. The issue is
      453 words
    • Article
      Asian telecom stocks fall out of favour
      416 21  -  Pan-Asian Telecommunications Summit 1994 Reports by Catherine Ong SINGAPORE Asian telecommunication stocks are losing their lustre as high valuations and poor share price performances cause foreign investors to look for other infrastructure plays, said the executive director of the US$l billion Asian Ipfrastructure
      416 words
    • Article, Illustration
      Shake-up in S'pore mobile phone market likely
      304 21 SINGAPORE The mobile telephone market is heading for a shake-up as margins narrow and new players get their fingers burnt, predicted Sung Sio Ma. chairman and chief executive of Singapore Telecom International. He said mobile communication had been perceived as a quick start-up
      304 words
    • Article
      China credit crunch tips scales for S'pore GLCs in Sichuan highway deals
      765 21  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Imagine a region with a population of about 120 million that has just embraced the concept of a capitalist economy. Imagine that a highway is being built to connect the
      765 words
    • Article
      Hup Seng Huat bonus issue rejected by SES
      273 21 SINGAPORE Main boardlisted hardware dealer Hup Seng Huat's proposed bonus share issue has been rejected by the Stock Exchange of Singapore. Hup Seng Huat had proposed a one-for-five bonus issue and a final dividend of 10 per cent following the release of
      273 words
    • Article
      Goldtron most active counter in S'pore
      218 21 SINGAPORE Sesdaq-listed electronics company Goldtron was the most actively traded counter in the local stock market yesterday, sparking off speculation that a key US shareholder was bailing out. A total of 16.64 million Goldtron shares were traded yesterday, including a parcel of 16 million
      218 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        49 21 Weak Market Mood indicates the likely trading sentiment today based on brokers polled at 5-6pm yesterday (hernight events may alter sentiment Brokers polled: Alliance. Baring, Daiwa, Fraser GK Ooh, Kav 11 tan. Morgan (Jrenfell. OngCo. Nomura, Phillip, Smith Nen C ourt, 111 Curr and SO W arburg
        49 words
      • Article, Illustration
        HOT STOCK
        108 21  -  Quak Hiang Whai Goldtron was the most active stock yesterday, thanks mainly to a block trade of 16 million shares. The stock has rebounded after losing sharply and should be able to hold its current level. Bullish divergences are seen in its daily, weekly and monthly RSI and
        108 words
    • COMPANIES
      • Article
        Dive in plywood prices, sales hits Barito's 3rd qtr earnings
        377 22  -  From Maggie Ford in JAKARTA LOW I K plywood prices and falling sales resulted in a disappointing third-quarter performance by Barito Pacific Timber, Indonesia's fourth largest listed company. Net income was down 35 per cent to 142.3 billion rupiah this
        377 words
      • Article
        Lock icon Guthrie to invest M$250m in Indon plantation
        385 22 NST KUALA LUMPUR Kumpulan Guthrie Bhd plans to invest about MS2SO million (SSI42 million) over the next 10 years in its proposed development of a 70.000-ha oil palm plantation in north Sumatra. Indonesia. Group chief executive Abdul Khalid Ibrahim said during the weekend
        NST  -  385 words
      • Article, Illustration
        Analysts expect no instant improvement in MAS results
        515 22  -  From Ruth Wong in KUALA LUMPUR NLWLY appointed Malaysia Airlines chairman lajudin Ramli is to present his first interim earnings figures lor the airline today, but analysts do not expect an exceptionally smooth take-off. "I don't think he will be able to
        515 words
      • Article
        Lock icon Diversified Resources unit plans rights issue
        214 22 Bernama KUALA LUMPUR Intrakota Consolidated Bhd. subsidiary of Diversified Resources Bhd (DRB). has proposed a rights issue of 19.9 million new ordinary shares of MSI at par to existing shareholders other than DRB. Sixty per cent of the proposed rights issue comprising 11.94 million
        Bernama  -  214 words
      • Article
        Lock icon Emico to invest M$8m in electronic goods maker
        225 22 Bernama KUALA LUMPUR tmico Holdings Bhd will invest a total of MSB million (554.5 million) to subscribe for eight million new ordinary shares of MSI each in Advantec Electronics Sdn Bhd (AESB). which is undergoing financial and equity restructuring. The sale and
        Bernama  -  225 words
      • Article
        UNIT TRUSTS & FUNDS
        570 22 UNIT TRUSTS FUNDS Managers' prices IXv 6 Mcndaki (.r I un>l It)? I 10 I S Cir Fund (M4 Singapore Unit Trust u The < ommcnv I 61 I "*0 UOB Asset Mgt Ltd 1 he Savings Fund 154 |jt) I nitund 142 148 Spore l>rug Fund 0 V» Ob*
        570 words
      • Article
        Lock icon YTL in talks with S'pore and Thailand on power supply
        235 22 Bernama KUALA LUMPUR YTL Corporation Bhd. the country 's first Independent Power Producer (IPP). is at an advanced stage of talks with Singapore and Thailand for the supply of power. Chairman Yeoh Tiong Lay yesterday said the company was also
        Bernama  -  235 words
      • COMPANY BRIEFS
        • Article
          Lock icon Amcorp's interim profit up 86%
          69 22 Bernama KUALA LUMPUR Arab Malaysian Corporation Btyi has recorded an 86.5 per cent increase in its group pre-tax profit to MSI 15.55 million (5566.2 million) for the half year ended Sep 30. from M 561.95 million previously. The group's turnover also escalated hy 261.6 per
          Bernama  -  69 words
        • Article
          Lock icon Takeover notice to Glenealy
          101 22 Bernama KUALA LUMPUR Alpenview Sdn Bhd. a subsidiary- of Lingui Developments Bhd. has served a takeover notice to Glenealy Plantations (Malaya) Bhd to acquire the remaining 29.56 million shares in the company for M 56.40 per share in cash. Aseambankers Malaysia Bhd said on behalf of
          Bernama  -  101 words
        • Article
          Lock icon KL's Ascada ups stake in hotel firm
          84 22 Reuter MANILA Malaysia's Ascada Sdn Bhd bought an additional 3.1 million shares in Shangri-La Properties Inc on the Philippine Stock Lxchange on Nov 18. the local hotel company said. In a disclosure report. Shangri-La said the block sale increased the Malaysian firm's stake
          Reuter  -  84 words
        • Article
          Lock icon Sateras to move into tourism, security
          71 22 Bernama KU.ALA LUMPUR Sateras Resources (Malaysia) Bhd (SRM) plans to enter the tourism and security services industry following three acquisitions to expand its property division. Chairman Mohamad Nordin Mohaludin said the company proposed to acquire the entire issued and paid-up share capital of Aseania
          Bernama  -  71 words
        • Article
          Lock icon Phileo Allied buys seat on HK bourse
          104 22 Reuter KUALA LUMPUR Diversified Malaysian financial institution. Phileo Allied Bhd. has bought a seat on the Hongkong Stock Exchange, a company statement said yesterday. Phileo Allied's 70 per cent owned subsidiary. Phileo Peregrine Securities Sdn Bhd. has incorporated a wholly-owned subsidiary in Hongkong.
          Reuter  -  104 words
        • Article
          Lock icon Manila firm to issue commercial paper
          79 22 AFP MANILA Filinvest Inc. one of the Philippines' biggest real estate firms, is floating three billion pesos (SSIB3 million) of long term commercial paper (LTCP). documents obtained here yesterday said. The documents submitted to the Securities and Exchange Commission (SEC) said the LTCPs would
          AFP  -  79 words
      • Article
        J P Morgan Securities gets seat on HK bourse, plans expansion in Asia
        377 24  -  From Lim Soon Neo J P MORGAN Securities Hongkong announced yesterday it had acquired a seat on the Stock Exchange of Hongkong. enabling it to trade directly on the exchange. "This seat on the exchange is just
        377 words
      • Article, Illustration
        San Miguel gets licence for US$24m Viet brewery
        327 24  -  By Harish Mehta SINGAPORE The Philippines' biggest manufacturing firm, San Miguel Corp, has won an investment licencc to start a USS24 million (5537.4 million) beer brewery in Vietnam's Khanh Hoa province. Vietnamese officials told Business Times that San Miguel was given the
        327 words
      • Article
        Lock icon Reliance of India to be world player in fibres
        298 24 Reuter BOMBAY India's largest private sector firm Reliance Industries will continue its spectacular profit growth and will become the world's most integrated petrochemical and fibre producer by the turn of the century, analysts said. "It will be the most integrated petrochemical
        Reuter  -  298 words
      • COMPANY BRIEFS
        • Article
          Lock icon Chengdu shares six times subscribed
          87 24 Bloomberg Business News HONGKONG A Hongkong public offering of 80 million shares by China's Chengdu Telecommunications Cable Co has been six times subscribed, said lead underwriter Credit Lyonnais Securities (Asia) Ltd yesterday. This means that investors applied for more than 400 million Chengdu Cable shares.
          Bloomberg Business News  -  87 words
        • Article
          Lock icon Paladin reports HK$57m interim loss
          87 24 Bloomberg Business News HONGKONG Investment group Paladin Ltd yesterday said its net loss increased to HK557.4 million (5510.9 million) in the year ended June 30. from loss of HK514.9 million a year ago. In a statement to the Hongkong stock exchange. Paladin said its losses
          Bloomberg Business News  -  87 words
        • Article
          Lock icon IBM, Matsushita in chip pact
          88 24 Reuter TOKYO Consumer products giant Matsushita Electric Industrial Co Ltd and International Business Machines Corp (IBM) said yesterday they have agreed to cooperate in developing and making products using IBM's PowerPC chip. The pact, in the form of a letter of intent, gave further clout
          Reuter  -  88 words
        • Article
          Lock icon 4 Japanese firms to merge PVC units
          99 24 AFP TOKYO Four Japanese chemical companies including Sumitomo Chemical Co Ltd vesterday announced plans to merge polyvinylchloride (PVC) operations to form the country's biggest PVC manufacturer by July. The company. Shin Dai-Ichi Vinyl Corp. will be capitalised at 70 billion >en (SSI billion),
          AFP  -  99 words
        • Article
          Lock icon Bridgestone upgrades profit forecast
          71 24 AFP TOKYO Japanese tyremaker Bridgestone Co Ltd yesterday revised its pre-tax profit forecast for the year to December to 7 billion yen (SSB3O million), up from its earlier projection ol 4. billion yen. It also raised its sales forecast Irom 600 billion ven to 619 billion
          AFP  -  71 words
        • Article
          Lock icon Two HK developers' profits soar
          86 24 Bloomberg Business News HONGKONG Two Hongkong property developers reported sharp increases in their profits yesterday. While Asean Resources net profit soared 5.96 times. Hucy lai International Ltd s earnings jumped 156 per cent. Property and investment company Huey Tai International Ltd said its net profit
          Bloomberg Business News  -  86 words
      • Article
        Lock icon Economic reforms yielding results for major Indian firms
        312 24 Reuter BOMBAY India's leading companies, long used to a protected economy, have shed their initial fears of economic reforms and are expected to boost their net profits by 60 per cent as the economy takes off, analysts said. "India's liberalisation programme seems
        Reuter  -  312 words
      • Article
        Lock icon Samsung submits bid to enter Korean passenger car market
        488 25 Reuter SLOUL South Korea's mighty Samsung group threw down the gauntlet to the nation's existing ear-makers yesterday, making an official bid to enter the cut-throat passenger ear market. "Samsung officially filed an application with the trade ministry to import the necessary
        Reuter  -  488 words
      • Article
        Lock icon Power New Zealand gets listing
        511 25 Bidder stalks, electricity industry undergoes shake-up Reuter WELLINGTON A shake-up among electricity distributors provided the New Zealand share market with a big new listing yesterday but gave little insight into how the dust will settle in the complex industry. Power New Zealand Ltd. itself created
        Reuter  -  511 words
      • Article
        Lock icon CSR's first-half profit up 30% to A$225m
        361 25 Bloomberg Business News SYDNEY Australian building materials and sugar concern CSR Ltd said half-year profit rose 30 per cent, partly on a surge in demand for building materials in Australia and the United States. Profit rose to A 5225.2 million (*****.9 million), or
        Bloomberg Business News  -  361 words
      • Article, Illustration
        Lock icon Time Warner denies break-up of US entertainment venture
        275 25 Bloomberg Business News SYDNEY The head of New York-based Time Warner Inc yesterday said his company had no plans to disband its entertainment joint venture with Toshiba Corp. Itochu Corp and US West Inc. Business Week magazine reported last week that Time
        Bloomberg Business News  -  275 words
      • Article
        Lock icon Cable & Wireless unit to take £120m charge, cut 2,500 jobs
        343 25 Cable Wireless unit to take £120m charge, cut 2,500 jobs Bloomberg Business News LONDON Cable Wireless pic yesterday said its Mercury Communications Ltd unit would take a £120 million (***** million) pre-tax charge in the year ending March 1995. and cut 2.5 CX) jobs bv December 1995. Mercury, a British
        Bloomberg Business News  -  343 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon S Korea to ease foreign loan curbs on big business
        341 26 Reuter SEOUL South Korea's finance ministry said the government would allow big business to receive commercial loans from foreigners and permit non-financial firms to establish financial operations overseas starting next year. The new rules were among government plans to reform
        Reuter  -  341 words
      • Article
        Oil drilling makes a comeback in East Asia
        245 26 SINGAPORE East Asia is witnessing a resurgence in oil drilling activity which can hopefully satisfy the region's rapidly growing demand for hydrocarbons during this decade, said Jimmie Aung Khin, conference chairman of the 10th Offshore South East Asia and Refining, LNG Petrochem
        245 words
      • Article, Illustration
        Lock icon Vietnam may not meet rice export target
        224 26 Reuter HANOI Vietnam may not achieve its target of exporting two million tonnes of rice in 1994 because of severe losses caused by floods and typhoons, government officials said. "This year's floods and typhoons have forced us to export rice at a low
        Reuter  -  224 words
      • SMALL CHANGE
        • Article
          Lock icon France's UAP to open Viet office
          102 26 AFP HANOI France's largest insurance firm UAP is to open a representative office in Vietnam as part of expansion plans in Asia, company chairman Jacques Friedmann said. The Union des Assurances de Paris, Europe's second largest insurance group which was privatised by the French
          AFP  -  102 words
        • Article
          Lock icon Morgan Stanley goes to Bombay
          101 26 AFP HONGKONG US-based investment bank Morgan Stanley is to open a branch of Morgan Stanley Trust Co in India. The firm yesterday said it had received the approval of the Reserve Bank of India to open a branch in Bombay, and now needed approval of
          AFP  -  101 words
        • Article
          Lock icon 2 more seek Philippine banking licences
          113 26 Reuter MANILA Two more foreign banks have applied for Philippine banking licences, taking to seven the number which have formally applied for one of 10 slots. Central Bank governor Gabriel Singson told reporters the latest applicants are Dao Heng Bank of Hongkong, and the
          Reuter  -  113 words
        • Article
          Lock icon China plans to set up private bank
          133 26 AP BEIJING China plans to set up its first private bank next year to provide loans mainly to private entrepreneurs, an official report said last week. The Minsheng Bank is to have a registered capital of two billion yuan (*****.1 million) and will
          AP  -  133 words
      • Article
        Lock icon Central bank control to stay in new Chinese law
        262 26 Bloomberg Business News HONGKONG China's commercial banks arc to remain under the tight control ot the country's central hank, the People's Bank of China, according to a commentary on the new draft banking law in the Economic Daily newspaper. The commentary
        Bloomberg Business News  -  262 words
      • Article
        Lock icon Russian oil quota move may jeopardise loan negotiations
        456 26 FT MOSCOW The Russian government is to carve up the domestic oil market among Russian oil companies, requiring each to supply a certain percentage of the market. International financial institutions say the move breaches the spirit of the agreements between them and
        FT  -  456 words
      • Article
        Lock icon Nickel soars after Siberian blast reports
        392 26 Reuter LONDON The world price of nickel soared yesterday in a panic about supply from Russia after reports of explosions and power shortages at a huge smelter in Siberia. At U559,575 a tonne on the London Metal Exchange, the metal was up more than
        Reuter  -  392 words
      • Article
        Brent crude sinks below US$16 level
        312 26 Bloomberg ENERGY REPORT LONDON Brent crude oil futures declined to their lowest level in seven weeks, breaking through USS 16 a barrel, as US petrol values dropped. Petrol in New York tumbled as much as three cents a gallon, or almost 6 per cent,
        312 words
      • Article
        Lock icon Currency Reports: London
        204 26 Reuter LONDON The dollar was stuck in narrow ranges against the mark and yen early in Europe. with analysts forecasting a period of .technically driven trading given the dearth of US data this week. A trader who expected sideways price action for day said: "There is a
        Reuter  -  204 words
      • Article
        Lock icon New York
        92 26 AFP NEW YORK The dollar weakened against other major currencies except the British pound early yesterday in a calm market marked by strong resistance at the 1.58-mark level that sparked a sell-off. At 1500 GMT. the dollar was quoted at 1.5763 marks, down from 1.5800 late Friday, and
        AFP  -  92 words
      • Article, Illustration
        Untitled
        1587 26 limit- uciichwj irnle\ iuAufcita/ attains! S/wr« Itip 14 Hading paHmv\ Haw year /W USS/SS forward rates Noon Dcc s$ Bid Offer 1 month ***** 1.4675 2-month ***** 1.4666 3-month I 4644 I 4656 6-month ***** 1 4619 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Dec 5 Singapore
        1,587 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars steady, Euroyen down
        1404 27 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars ended steady and Euroyen were lower at the close. The underlying sentiment for Eurodollars was still bearish despite the market being oversold. "The market still wants to sell on any rallies. People still prefer to be on the short side,"
        Reuter  -  1,404 words
      • Article
        M'sian rubber up on tight supply
        689 27 COMMODITY REPORTS Rubber KUALA LUMPI'R: Rubber prices yesterday extended last week's gains because of tight supply and continued demand as overseas buyers still need to cover their positions. "Producers are holding back stocks in anticipation of rising prices." a dealer said. "It is a
        689 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Woolmark symbol raids in China
          62 27 SYDNEY The International Wool Secretariat has conducted raids on two major knitwear markets in China to prevent illegal use of the industry's Woolmark symbol, which is used as a quality guarantee. The IWS said the raids in the Zhejiang province forced one offender to close
          62 words
        • Article
          Germany's beet harvest drops 13%
          54 27 BONN Germany's sugar beet harvest is estimated to drop 13 per cent this year, or 3.76 million tonnes to 24.85 million tonnes because of smaller cultivated areas and lower harvest per hectare. The The cultivation of sugar beet fell to 502.722 tonnes per hectare from
          54 words
        • Article
          Opec crude oil output up
          70 27 LONDON Opec crude oil output rose by an estimated 170.000 barrels per day to 24.92 million bpd in November mainly due to a jump in Iranian production, the Middle East Economic Sumy reported yesterday. The Nicosia-based weekly said a 210.000-bpd increase in Iranian production in
          70 words
        • Article
          Aussie wheat lower by A$4 a tonne
          66 27 SYDNEY The Australian Wheat Board has lowered its estimated 1994-95 pool returns for New South Wales regional hard wheat and Australian Standard White wheat by AS4 (554.52) per tonne. AWB managing director John Lawrenson said the domestic market is trading at lower values
          66 words
        • Article
          Kobe to raise M'sian plant output
          44 27 TOKYO Japan's Kobe Steel Ltd will boost production of copper tubes at a subsidiary plant in Malaysia by 41.7 per cent next year to meet strong demand from Japanese air-conditioner manufacturers in South-east Asia, the company said yesterday.
          44 words
    • Article
      COMMODITY PRICES
      1482 27 Rubber Dec 5 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) Buyers Skiers As at 12 noon (S cents/kg) RSS 1 Contract (S cents/kg) rr— KSS 2 Jan 95 205 75 206.75N Month Hi eh Low SrtI Koines') lniw« RSS 3 Jan 95 204.75 205.75N Hlgh
      1,482 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1040 28 17.4 SHARES rallied yesterday following a surge on Wall Street and falling yields on the local bond market. "Compared to bonds, shares are excellent value,'' said a broker. adding that bullish futures trades also inspired gains. The key All Ordinaries Index closed at 1,897.5, 17.4 points above Friday's finish.
        1,040 words
      • Article
        Manila
        601 28 +25.97 Stocks bounced back yesterday, largely on bargain-hunting after falling for most of last week. The Composite Index rose 25.97 points to close at 2,622.71. Turnover was 1.41 billion shares valued at 953.7 million pesos. An analyst said the upturn was due to "bargain-hunting", although news that the inflation
        601 words
      • Article
        Bombay
        106 28 +7.61 Reversing a trend when it lost about 43 points in the morning, stocks closed with gains on low to moderate fund buying. The 30-share BSE Index rose 7.61 points to 4.085.10 while the 100-share National Index slipped 12.23 to 1,928.39. "There were some late blue chip buying by
        106 words
      • Article
        Seoul
        431 28 11.00 Share prices rebounded strongly yesterday amid heavy buying orders as investors took advantage of low prices from recent falls. The Composite Price Index rose 11.00 points to close at 1,065.03, with 44.9 million shares valued at 978.8 billion won changing hands. Rises beat falls 680 to 239. with
        431 words
      • Article
        Taipei
        627 28 270.40 Stocks jumped across the board yesterday in reaction to the ruling Kuomintang party's winning the position of Taiwan Province governor over the weekend. The 394-issue Weighted Price Index put on 270.40 points, or 4.1 per cent, to settle at 6.750.22. Turnover swelled to 2.287 billion shares worth NTS
        627 words
      • Article
        New Zealand
        310 28 •3.20 After sinking to its lowest point this year, the key share index yesterday staged a minor recovery to close off its low and slightly weaker than I riday's close. Around 1.30pm local time, the NZSE-40 Capital Index reached 1.932.69 before recovering in the afternoon to close at
        310 words
    • WORLD STOCK MARKETS
      • Article
        London
        633 28 16.2 STOCKS rose, helped by early gains on Wall Street, which outweighed mounting concern about a UK interest rate rise. The FTSE-100 Index rose for the first time in three days, closing 16.2 points higher at 3,033.5. BAT Industries. Grand Metropolitan and British Telecom led the advance, adding some
        633 words
      • Article
        Paris
        161 28 -9.00 French stocks closed lower, as the effects of a rally in the US dollar faded, taking some of the promise of higher earnings for French exporters with it. "We had a good rally, but you have to expect things to ease up a bit." said a trader. The
        161 words
      • Article
        Frankfurt
        192 28 +24.88 German stocks rose as a stable dollar and an improving US economic picture eased inflation concerns. The DAX Index closed at 2.067.27 for a 24.88point gain. Of the 30 stocks in the DAX Index. 24 rose and six fell. "I think a lot of people are getting happier
        192 words
      • Article
        Brussels
        138 28 +4.61 Belgian stocks closed higher as bond yields held steady and a stronger dollar promised to boost profits for Belgian companies with earnings in US currency. "The dollar remains at a good strong level and that's always good for Belgian stocks" said an analyst. The Bel-20 Index closed up
        138 words
      • Article
        Milan
        175 28 -59 Italian shares slipped in lacklustre trading with low volumes as the market lack- Ed inspiration, traders said. The Mibtel Index ended down 59 points to 10.030. "Nothing happened, we were just dragging around waiting for something to show up," said one trader. Results of local elections on Sunday
        175 words
      • Article
        Amsterdam
        260 28 +3.34 Dutch shares closed higher as bullish sentiment was further aided by a perky open in Wall Street. The AEX Index closed 3.34 points higher at 413.35. Dealers said any impact of the session's gain would be capped by the thin volume and lack of trading interest due to
        260 words
      • Article
        Stockholm
        122 28 11.48 Swedish stock rose, boosted by telecommunications giant LM Ericsson and drugmaker Astra, amid a slough of positive corporate news. The OMX Index rose 11.48 points to 1.169.5. Twenty-seven stocks rose, one fell and two were traded unchanged. "There was a better market in the US on Friday and
        122 words
      • Article
        Zurich
        238 28 +33.5 Swiss stocks rose as a steady dollar boosted firms with significant sales in the US. The SMI Index of 23 leading stocks gained 33.5 points to 2.611.0. All but one of the 23 stocks gained. The broader SPI Index was up 16.2 at 1,713.67. "The dollar is steady
        238 words
      • Article
        Johannesburg
        323 28 +32.9 South African shares finished mixed as a weak gold price depressed related stocks, but industrials firmed in line with gains on world markets. An early afternoon revival by gold shares was reversed at the close as bullion dipped again, they said, and sentiment in the sector remained negative.
        323 words
      • Article
        Toronto
        259 28 12.37 Stocks rose in early trade in a continuation of upward momentum from Friday. "Sentiment has switched from bearish, where it was most of last week, to neutral," said a dealer. The TSE-300 Composite Index rose 12.37 points to 4.105.36 in turnover of 4.23 million shares worth C 554.89
        259 words
      • Article
        New York
        732 28 +9.42 The Dow Jones Industrial Average, which rebounded 44.75 points on Friday, was ahead 9.42 to 3,755.04 at Nam EST. The NYSE Composite Index was ahead 0.50 to 248.51, while Standard Poor's 500-stock Index was up 0.77 to 454.07. Advances topped declines 1.051-742 among the 2,575 issues crossing
        732 words
      • Article
        Untitled
        753 28 Britannia Funds Strrliag Cash Bid (MT«r Mim Cap Deposit M6400 3*6500 Mini Jertes (jilt 0 1*43 0 1442 Mim M» Income 0 4200 0 <*00 L S$ Cash Income Plus F und 4 5400 10 0500 PS Rtwt Fund 5 3400 5 3500 Sterling Kqutl) Euro Performance 0 4542 0
        753 words
    • Article, Illustration
      Lock icon HONGKONG
      3159 29 Bloomberg Business News HONGKONG Stocks partially recovered from Friday's plunge as investors started to view local shares as reasonably priced. An analyst said prices are now at about 11 to 12 times 1994 earnings, making stocks cheap by historical standards. The Hang Seng Index rose 80.96 points to 8.302.53,
      Bloomberg Business News; Source: Bridge Info  -  3,159 words
    • Article, Illustration
      Lock icon CHINA
      629 29 CLSA H SHARES rebounded 2.8 per cent yesterday after Friday's hefty 4.9 per cent decline, on moderate turnover of HK.SI33 million. Yizheng took the lead with a 6 per cent gain, followed by Tsingtao and Shg Petro which were up 5 per cent each. Zhenhai fell 1.2 per cent
      CLSA  -  629 words
    • Article, Illustration
      Lock icon TOKYO
      2466 29 Reuter TOKYO Stocks ended well ahead yesterday after the yen bowed tonhe dollar over the weekend and US financial markets rallied. Brokers said arbi-trage-linked buying and bargain-hunting in stocks that had been oversold, like electricals and brokerages, elbowed the market higher. "But it's disappointing the dollar can't move this
      Reuter; Source: Bridge Info  -  2,466 words
    • Article, Illustration
      Lock icon JAKARTA
      1103 29 Reuter JAKARTA Share prices rebounded slightly at close on bargain hunting and partly due to a sharp recovery in newcomer Indal Aluminium, brokers said. They said Indal staged a sharp rebound, shooting above its IPO price of 3,950 rupiah to close at 4.150 after having touched the day's low
      Reuter; Source: Bridge Info  -  1,103 words
    • Article
      CLOB INTERNATIONAL
      2042 30 Cir U I9 U4 Ijr! Vol IH) IjiM Qwrtr Uit IN« N«1 MI ap High Loo lumpan> Sale I"000) Hi«h Um Bu>ct Sellw Or S P'l: Smil MALAYSIAN STOCKS WTm MSB MV 2J7 cd -II 238 212 256 255 257 30 21 0 1 204 206 107 m
      2,042 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall as investors try to cover margins
        6547 30 Bloomberg Business News KUALA LUMPUR Stocks fell to a six-month low as investors who bought stocks on credit were forced to sell in order to square their accounts. The market has been falling as higher interest rates enticed foreign investors out of
        Bloomberg Business News; Source: Bridge Info  -  6,547 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8287 31 MAIN BOARD Cir Gr M \M |9<M 1**1 Vol l>*> I QwiH- Do l)i« \ld Nd ap %»g High l ow (impant Vak f- l'MO(H High low Kuter Vllrr S C *»r S P'E Smil Price INDUSTRIAL AND COMMERCIAL 72l»* 417.$*■ I Vnu MX" 448 m 4641 446 448 4*4
        8,287 words
      • Article, Illustration
        Lock icon Morning gains wiped out by fall in Malaysian bourse
        1988 32  -  B> R Sivanithy SINGAPORE A promising rally in the morning was quickly extinguished by fund redemptions and forced selling in Malaysia to make for a gloomy day in the local stock market yesterday. The Straits Times Industrials Index opened in knee-jerk
        Charts by Bridge Info; Source: Bloomberg  -  1,988 words
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      301 21 NEWS VALUE KL body moots plan to allow EPF funds for share buys (pg I) Ihe Malaysian market is oversold and any injection of funds could push it up quickly. Bapepam warns on derivatives after listed firms suffer losses (pg l) Expect more such losses as many players have got
      301 words
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      316 22 i I Jr. >- HHHf jk POWER vIW) avvesome power of nature has The power of nature is rivaled only by fascinated man since the beginning of man's ingenious desire to harness it. Each time. From swirling waves that have shaped our watch in the Concord quartz collection is an
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      44 23 a Christopher Columbus i set sail with three ships on a journey to discover new lands. It took him years before he landed on the shores of America. With Shipping Times he would CknSwnO "Tlmrc have found America a lot sooner. ijlllUUll ISi lllllvu
      44 words
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      459 24 With our Japanese Yen Bank Draft, you buy and send on the spot. Hp < w hi >■ n JRB ■Si' At any one of our 22* conveniently-located post offices, you can now buy a Citibank International Bank Draft in 6 major currencies (US$, NZ$. Auss, Y fir Cans) at
      459 words
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      283 24 IHFBline I An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The SAGITTARIUS Employee; Win Prizes! Entertainment News 8451 Battle Of Songs... Ghost Stories 8452 Night Tour; Win Prizes! Children's Funland 8453 Sun Wukong Gets His Armour Face Facts 8454 Life Region Dreamland 8455 Fandi Ahmad A Scoring Dreams;
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      900 25 I Mr SOMNATH CHATTERJEE Mr BHASKAR BANERJEE Mr S K DATTA M P. Chairman Managing Director Deputy Managing Director ww TT"! rri A T I West Bcnßal ln<,ustrial Development Duncan Industries Ltd Peerless General Finance BJ I Bi B I Corpn Ltd Looking for business opportunities in the Investment Co
      900 words
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      143 27 o£-ss»S> BUSINESS TIMES LIFESTYLE EXCLUSIVE Cfssaa, vSstfSTO NOVEMBER RESULTS Congratulations to our winners! Top Prize: Fly Business class to South Africa for an exciting 6D/5N holiday for two. Khor Cheng Kian *****07 C 2nd Prize: 6D/5N South African holiday for two. Robin Tan .*****36J 10 Consolation Prizes: MasterCard Gifts worth
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      Page 27 Advertisements Column 2
      40 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies fit Markets. Everyday
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      86 28 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result offifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers a
      86 words
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      93 29 mßum iVl'Lll'W With ovef 215 million cards honoured at over 12 million establishments, I MasterCard puts the whole world in M I your hands. And it gives you easy access to cosh at 180,000 bonk /Mil worldwide. The Bangkok stock market was closed yesterday for the King's birthday jr make
      93 words
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      72 31 TIMELESS PERFECTION ALAIN DELON aura of prestige ujj f f sheer elegance x> P //A iOO I a/ f*' 7 /WMHUI»yM-*D T IMf SON BHD T EI 03 *****16 •S'"9apo't"-* D T ME S T EPSA r 'ONAL P"E LTC T EI. 02-*****7* 'llfr* *0 30 MIL. ******11 •M o
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      544 32 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 I HILL GROVE REALTY LTD *****,000,000 Guaranteed Floating Rate Notes Due 1999 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 3-month period from 6 December 1994 to 6 March 1995 (90 days)
      544 words
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      448 32 IN THE MATTER OF THE C OMPANIES ACT, CAP. 50 AND IN THE MATTER OE THOMAS EDISON PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION! Notice is hereby given, pursuant lo Section VIX of the Companies Act. Cap SO. thai the hinal meeting at the members of the abovenamed Company will he
      448 words
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  • Shipping Times
    • Article
      Keppel Aussie unit breathes new life into Brisbane dock
      362 33  -  By Quak Hiang Whai SINGAPORE The Australian unit of Keppel Corporation has docked its first vessel in a Panamax-sized drydock. which Keppel reactivated in a deal with the Port of Brisbane Authority. Keppel said yesterday the graving dock in Brisbane, which
      362 words
    • Article, Illustration
      Lock icon Last Achille Lauro survivors head for land
      529 33 Reuter MOMBASA. Kenya The last 500 survivors from the Achille Lauro disaster spent their final night at sea ofT Kenya's port of Mombasa, while those safe on dry land relived the confusion and terror of abandoning the blazing liner. "It feels good to
      Reuter  -  529 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      671 33 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlcrs Lines 13 5 Ahrenkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCI. 5 5 Astro Shpg 8 4 Avanl Shpg 6 4/5 •Bank Line. The 9 5 Batamindo 7 3
      671 words
    • Article
      Lock icon Divers fail to find Estonia's 'black box'
      202 33 AFP STOCKHOLM Divers seeking to establish why the car ferry Fstoma sank in the Baltic in September with the death of 912 passengers failed to lind the bridge computer when they visited the wreck on Sunday, the Swedish maritime affairs directorate said. Data
      AFP  -  202 words
    • Article
      Indemnity clause does not apply if ship is unsafe
      499 33  -  ADMIRALTY CASKKOOK Bv Ramesh Divyanathan SINGAPORL An exemption and indemnity clause against liability failed to protect a shipowner after its ship was found to be unseaworthy. The case of the Fiona, reported in Lloyd's Law Reports. examined this issue, as well
      499 words
    • Article
      Official inquiry under way
      379 33 Freighter-ferrv collision in Manila Bay SINGAPORE The inquiry into a collision last Friday between a passenger ferry and a Singapore eontainership in Manila Bay started in Manila yesterday. Pacific International Lines (PIL). which owns the eontainership Kola Suria. said in a statement yesterday that the company
      379 words
    • Article
      DAILY FREIGHTS
      1248 34 I WO substantial panamax fixtures reported on Friday illustrate the strong market that charterers face on the Atlantic. The Baltic Freight Index supported by the strong Atlantic market rose 10 more points to a new record high at 1.950. Singapore fertiliser charterers Protos has agreed USS 19,500 daily
      1,248 words
    • Article, Illustration
      Northwest and KLM: a partnership that works
      1063 35  -  US carrier Northwest has emerged from near bankruptcy to being a profitable airline, thanks in no small measure to its alliance with Dutch carrier KLM, reports R Sivanithy V lIPKI A Tl U L I R Sivanithy WHEN Northwest Airlines entered into a
      1,063 words
    • Article
      THE SHIPPING GUIDE
      11488 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 Pcnang after
      11,488 words
    • Article
      SHIPPING AGENTS
      3420 46 A ■L &B( ontainerline NV: Bclsin Shpg Agencies Pic Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pie Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Catsource Shpg Trdg Pie Ltd (S) \hrenktel l.iner Service Kim Shpg Trdg (S). Vlbatros Sea-Air Senice: Frata Shpg Pte
      3,420 words
    • Article
      COURIER SERVICES
      300 46 \h.KUN miners Id >45 XOll I.iv 545-IX9B Air Fxpress I ravel I'd 533-5771. I 535-6144 \irlx.tik lii iulil orporation lel 542-8X44 lax: 542-3716 *****80 Xirswil; Murldnidf Courier Id: 278-01 XX. I.iv 273-8283. VIS Supplies Id: "48-6322 <2 lines). 747-7421 Fax: 7 42-X975 Citv-link International Id": 344-3377. I a\:
      300 words
    • Article
      AIR FORWARDERS
      1550 46 Vhex Kxpri'ss I reighl lcl 542-7171 lax 5423 7 84 Xctink I orwarder Id: 225-1*33. lax 225*742. Xctivair Singapore I d 542-7822 lax >*****0 Verolink Freight InU rnational Id: 545-8033. lax *****05 Vttiispn^ Id <42-5911 l ax: *****18. Air C argo Nino Lxpress lil 542-5454 Fax *****4* \ir
      1,550 words
    • Article
      PORT CONDITIONS
      2559 47 ANGOLA Luanda: City and port quiet. No berthing delays to anv class of vessel. lx)bito, Namibe: Citv and port quiet. Cabinda: City and port quiet, crude oil terminal loading according to pro gramme. Soyo: Lombo and Palanca terminals operating according to programme. ARGENTINA San Five berthed, two in
      2,559 words
    • Article
      CRUISE & FERRY SCHEDULES
      1050 47 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel H A KID Ports of C alls Port Agent Telephone No DECEMBER 06 06 Megastar Aries 1600 2030 Malacca Jardine Shpg Agencics 224-1052 06 06 Naulican 0900 2000 Cruise to Nowhere Lines Int'l Moldings 276-7175 06 06 Delfin Star 1000
      1,050 words
    • Article
      Lock icon SHIP SALES
      1090 47 The information was contributed by Simpson Spence Young THE demolition scene remains center stage this week with further VLCC and tanker disposals, whilst sales in the dry bulk market have been concentrated almost entirely on handy bulkers. On the newbuilding front a further contract has been reported, with
      The information was contributed by Simpson Spence & Young  -  1,090 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        698 48 Vend Voy No Berth Vrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Sweelongl 75 94 P03 alongside OS I? 1700 Batam Bahagu 12 02 94 16 alongside 0612, 2300 tab* Glory 1%S P01 alongside Buana Abad. 24 94 12 alongside 0612,2300 Victor* 4 4 94
        698 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        597 48 Carbon Carton Dec 1 Density Water Residue Ash Akmun Sedrant Density Water Reside Ash AUninun Sedment 'MM M/M Exxon KG M*3 1V/V "MM "j M M PPM method *G/M*3 V/V ".MM '.MM PPM method Eastern USA 180 Ave 983 02 13.6 009 12 002 60/Cimac l«nrts
        597 words
      • Article
        CONTAINER SCHEDULES
        1731 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boohing/Balance Rsits Ship Voy No Etb/Btr Period From To From Ac. Sow MM 07/1500 IB 05,1500 05/1659 05/1900 3 06 0700 06/1159 06 1400 4 06,1200 06 1459 06/1700 Aiu Bhum
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        COCKETT BUNKER MARKET REPORT
        872 48 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        872 words
    • Article, Illustration
      Lock icon North Sea ports in roll-on roll-off joint venture
      849 49  -  Zeebrugge and Gothenburg authorities have formed a company to develop a fast transport link between the two ports, reports Elizabeth Canna Elizabeth Canna American Shipper TWO North Sea port authorities, Bruges-Zee-brugge and Gothenburg, have formed a joint development company called Gothenbrugge NV
      American Shipper  -  849 words
    • AIR AND LAND TRANSPORT NEWS
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        Lock icon BA, Qantas to appeal gainst Aussie veto on route-sharing
        315 50 Reuter LONDON British Airways pic (BA) and Qantas will meet Australia's trade Practices Commission (TPC) within a month to try to avert a definitive TPC ruling against their plans for route-sharing and price coordination, a BA spokesman said last week. The
        Reuter  -  315 words
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        Lock icon Gas explosion averted
        142 50 AFP AVIGNON, France Emergency services averted the risk of a disastrous explosion here on Sunday when they righted a rail tanker filled with 59 tonnes of a dangerous chemical that had tipped over. Some 4,000 people were evacuated ear- ly on Sunday and gas and electricity supplies
        AFP  -  142 words
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        Lock icon MAS to reduce cargo clearance period at Subang
        218 50 Bernama KUALA LUMPUR Malaysia Airlines (MAS) will reduce the cargo clearance period at its Subang Cargo Complex to overcome the acute congestion there, according to its chairman Tajudin Ramli. The clearance period would be cut from 60 hours currently to 24 hours
        Bernama  -  218 words
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        Lock icon VW and Ford to dissolve partnership in Latin America
        412 50 FT LONDON Volkswagen and Ford are to break up their partnership in Autolatina. Latin America's biggest carmaker and one of the biggest joint ventures in the world motor industry. The two companies announced on Thursday they had agreed on "a gradual
        FT  -  412 words
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        Lock icon Beleaguered USAir increases safety checks on fuel
        411 50 Bloomberg Business News ARLINGTON. Virginia USAir Group, whose reputation has been tarnished by two crashes this year, said it will add two pre-flight fuel-check safety procedures. The measures go beyond Federal Aviation Administration requirements and will "guarantee that no USAir (light will ever
        Bloomberg Business News  -  411 words
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        Lock icon American Eagle crews can fly in other planes
        259 50 Bloomberg Business News CHICAGO AMR Corps American Eagle will reassign certain crew members who arc reluctant to fly in turboprop aircraft similar to one that crashed in a north-west Indiana bean field, the company said last week. American Eagle pilots and flight
        Bloomberg Business News  -  259 words
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          DNATA eyes HK ground handling deal
          110 50 SINGAPORE DNATA. the sole ground handling agent at the Dubai International Airport, is bidding for the ground handling contract at Hongkong's new Chek Lap Kok Airport. The firm is one of nine, out of an estimated 25 original contenders to have passed the Hongkong
          110 words
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          Emirates appoints NZ sales agent
          76 50 SINGAPORE Emirates, the international airline of the UAE has appointed South Pacific Express as its passenger sales agent for New Zealand as part of its strategy to establish a network of offline stations worldwide. South Pacific Express has been Emirate's general sales agent for Australia
          76 words
        • Article
          Lock icon Argentina nabs Taiwanese trawler
          73 50 Reuter BUENOS AIRES The Argentine Navy detained a Taiwanese trawler on Sunday for fishing inside Argentina's economic exclusion zone after chasing it for 12 hours and firing warnings shots across its bows. A Navy communique said the destroyer Herciiles spotted three boats fishing for squid without
          Reuter  -  73 words
        • Article
          Lock icon El Al union wants airline shares
          140 50 Reuter TEL AVIV El Al's labour union is demanding the right of first refusal for the sale of a controlling 26 per cent interest in Israel's national carrier. Union spokesman Dorion Cohennov declined to say how much employees would ofler for the stake but
          Reuter  -  140 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1751 50 ati w ra fhm eto_ c*j rm eta rn* rre^ Abu Dhabi GA892 0265 LH772 1615 SQ326 2230 GA822 1935 (JF6 1840 IH773 2359 G* 974 2350 Mgto SQ989 1720 SQ990 0125 MlhUl <yS2 2050 Cww SB 183 2140 Amsterdam GAJ993 1510 GAJ392 0255 VN741 1310
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      14 33 (westfaua\ SEPARATOR J Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL
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      Page 33 Advertisements Column 2
      27 33 Lines and services represented by Members of the Registry of Accredited LhQJJ) Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times Tel 740-2089/740 2090
      27 words
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      Page 33 Advertisements Column 3
      168 33 Skontcx tuuutit tune LONGBEACH OAKLAND Arriving every Friday Hotline *****30 Northwest Airlines and KLM: a partnership that works, Page 3 North Sea ports in roll-on roll-off joint venture, Page 17 British Airways, Qantas to appeal against Aussie veto on route-sharing, Back Page lM UGLAND QUALITY \|£Pl SYSTEMS LIMITED cordially invites
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      2157 34 i Wffl™ import.... import.... [NORTH AMERICA! 1 OTHER DESTINATIONS 1 1 NORTH AMERICA~I DIRECT CALL TO WgST COAST tSCXI TO EAST COAST SOUTH AMERICA SERVICE I SWQAEORE CALIFORNIA EXPRESS (DIRECT PROM WEST COAST) VESSEL VOY SPOKE I* OAK VCH SEA POL HOUSTON CHtC NY ME«ICO CUT VESSEL STOKE BUENOS WES
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      1537 35 OOCL (3) PTE LTD JAROINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETAUNG JAVA TEL: 03-75€7776 FAX: 03-*****42 CFS 03-*****42 CP NUMBER' **********0 C PENANQ TEL: *****4 FAX: *****1 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) ,p D H T EL: *****3/4 FAX: *****6
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      Page 35 Advertisements Column 2
      596 35 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) 1 FROM AUSTRALIA (EABT COABT) WSStI/WY «I mG SGP I BNI SYt> MB BUR HOB *SS£L, »0Y BNE SYD Mfß BU* HOB «t SCT ASM MS 01/12 DC/12 M/ 12 21/12 24/12 27/12 JO 12 HAJAPAF4T 05N 27/11 30/11 14/12 17/12
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      Page 36 Advertisements Column 1
      780 36 1 R DAM LE SOUTH- PORT VOY NO HAMBURG ANTWERP HAVRE AMPTON KEIANG S PORE HKG KAO TYO SHI KOB NAG HANNOVER EXPRESS 23/446 12/11 14/11 16/11 9/11 4/12 7/12 9/12 12/12 13/12 15/12 KAI 10/246 IS/11 IVII 19 11 6/12 is/12 12/12 14/12 ESSEN EXPRESS 09/446 19/11 21/11 23/11
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      Page 36 Advertisements Column 2
      519 36 jOpppKS IS'pcxe P.Kdang Loading for CELTIC 25/12 30/12 RdnvAtw, UK/Nantes M 'Loads E./W. Malaysia. Indonesia H I Loading for ENERGETIC Dubai, Bahrain/Dammarv Kuwait I SEA VENUS Modeidah/Jeddah, Aqaba H •Loads Singapore. E./*W. Malaysia. Indonesia I I Loading for DONA V Los Angeles/New Orleans/ I Charieston/NorToik/Camden I OCEAN EVER Los Angeles,
      519 words
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      Page 36 Advertisements Column 3
      1231 36 NORASIA Ivsuvoy^^^^^^^SlP<ALT^BC^^va^^HAS^Bß^^RO^^AN^^FE^^Ul>^ SEA ENKAVOUR 448* 09/12 21/12 29/12 27/12 21/12 29/12 31/12 I NORASIA ERBOURG 9449 3 10/12 29/12 04/01 06/01 03/01 04/01 02/01 03/01 03/01 04/01 I NORASIA HONGKONG 9447 3 14/12 03/01 06/01 07/01 07/01 08/01 09/01 10/01 12/01 12/01 I NORASIA SHARIAH N 9450 3 21/12 10/01
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      1440 37 W STRAITS SHIPPING PTE LTD 'Jm 10 Ho« Chiang Road #11-01 Keppel Towers pore 0208 Tel: *****88 Fax: *****17 Id^rlfiMAtfilsfl:?l!llcf^rf:hllJwMdH new guinea pacific line tivOcß (A SERVICE OF CHINA NAVIGATION CO) CARGO (X* SAILS Q*T C J NMGA 111 30 Vioe Muti. Lab. KK 05 06 Oec 07 Oec OS
      1,440 words
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      Page 37 Advertisements Column 2
      2393 37 w -a_ Singapore Agent: I I .AflfOl P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. »07-01 keppcl Towers. Singapore 0208 First Class Connections WORLDWIDE PMXSP hax: 225 5327/222 7517 EXPORT IMPORT VESSEL VOV -PWO *PKG SIN SOW ANT BOT HAM GOT BBE LEN VESSEL VOV ZEE OOT HOT
      2,393 words
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      Page 38 Advertisements Column 1
      520 38 w cfto- JO,MT venture WV SAMUDERA INDONESIA QIP RICKMERS win SINGAPORE CHINA DASA SfPUtUH VOY 2NB 05 DEC SHANGHAI GREEN ERA VOY 3NB 28 DEC QINGDAO DASA SEPUiUH VOY 3HB 12 lAN XINGANG INDUCEMENT CALL P KELANG INDUCEMENT CAU HK, P GUDANG. BELAWAN, TG MAM XIAMEN, ZHANGJIGANG UTAMA HARTA WEEKLY
      520 words
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      Page 38 Advertisements Column 2
      1358 38 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 ron VSL SM lIN HAUI Sl* YV* fOK »W« ¥Sl SM IIM HAW S«V (M NYC HANMN ELIZABCIH 014 C 10 12 MMCI 29 12 30 1? SKP HANIM BUSAN 1491 10 12 H KEiIUNG
      1,358 words
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      Page 38 Advertisements Column 3
      1389 38 -i T rj rr=rrn^ Im w «st «UC WS OS> Kl 9V TTO I*l CMS BAI NTC UN WW (DM nr wc ns CM HI MP I' COKK N2 S'UhP! 11/U 14 12 M/ 12 19/12 M/ 12 21/12 22/12 21/12 84/12 4/1 17/1 19/1 »,l JO/l Jl l 1/2
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      Page 39 Advertisements Column 1
      3254 39 GULF WEEKLY EVERY FRIDAY sy«|f<rt'i CtiwrM AiMlc Tal (Canaral): *****00 ialai Booking: A*»ncr Oral COSTAR SHIPPING PTE LTD t'J.fTTa'o Sim' 6 C Tn\"!!uontl 20 *2058 50 CMlrfMr SK 4JU5785 On# 4705 746 C Stunton Way *17 08 Cfr No: **********0 M Fax: *****09 Braakbelh Src Docs. *****50 £««»*jHN»f: *****30 OSS
      3,254 words
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      Page 39 Advertisements Column 2
      1347 39 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUWO PAI PtN IQH H HAG AAG TAI (Iff VQA Hi NAG *06 OS* MOi BUS wan hai ?os no* ?9 u jo 11 o? 1? in po«i 08 1? 10 12 7777 i 777 is i?| a i?| ?i T7 *AN MAI 212 I*,.'j OJ
      1,347 words
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      1273 40 111 ITtl It^pmUMßym' th hhß «f VESSEL VOY SW JIT VESSEL VQY SIN PEN H B 1 WAN* BHUM 2578 W,d UO2-. 5,1 10/12 THAN* BHUM MN Tua In Pt Thu 8/12 Bfl B| I VESSEL VOY SIN BKK ISR* BHUM 78S Fri g/jjL.W*d. 1 /12 KPT* JADE JADOI9 Wad
      1,273 words
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      Page 40 Advertisements Column 2
      1236 40 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANG PENANG VESSEL VOY I SIH PKL VESSEL VOY SW PEN StA tAUML J42t» 0/ 12 <MCO> 09 12 FRI» »OUR IAYA 9408*) 06 12 (TUEj 09,12lF*t' SMfNTON ****** 09 12 <r»l. 11 12^-SUN)
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      Page 41 Advertisements Column 1
      877 41 PACIFIC INTERNATIONAL LINES (PTE) LTD] 140 Cecil Street. #03-00 PIL Building. Singapore 0106. -•-"I SSSSSSSSKM CR NO *****6. 7 0000E VESSEL VOY SIN CMB JIB HOD JED AOJ AOE PZU MSW ASA KOTA BERANI BRNIIS 7/12 12/12 IS/12 21/12 23/12 28/12 29/12 2/1 5/1 KOTA WUAYA WJA49P 18/12 22/12 28/12
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      Page 41 Advertisements Column 2
      998 41 vtsstis voy 5 it mm Hamburg ~T thames RontRPAM «niwrp W.LE K SAGITTA SO6N 06 1? 2t, 1? n 12 31/12 01 All 0 AQUIA AO6W 13 12 05/01 OMII M/ 01 10/01___ va.ll OHVDM HO6N 20/12 11/01 13/01 14/01 16/01 17/01 VALE K LYRA TO6N U. 01 01 ??/0>
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      Page 41 Advertisements Column 3
      613 41 BSA MYANMA 'MMlk PIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdj HP* AN V2O6W 15/17 Dec PAGAN V2ISW 08/10 Dec AVA VI3IW 10/12 Dec 13/16 Dec MALAYSIA AGENTS BOUSTEAO SHIPPING AGENOES ALA TEL 02 03-*****00 PKI rtl 02-03 36*6767 PEN: Til 02 04 *****2
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      1977 44 TO EUROPE THdm Im| m hoiioisi |stom| lch rtm Ihwl w I hT" mi stom mkc I fuswi I not I sfMU ngo j row mi w» BSt/DBM 4193/4(93 HIT" "0312~ W OCIAHU 2434~~ 06 12 24 12 2512 2612 2112 29 12 >W*MAH* 0912 1012 1412 1712~ 19 12
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      Page 44 Advertisements Column 2
      214 44 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. SINGAPORE rTI Business Times wt KNOW ASIA. SCHINDON SHIPPING PTE LTD V 2HAVELOCK ROAD. #00-02 APOLLO CENTRE, SIN 0105 TEL *****20 (8 LiOM) FAX: 53*3930 TLX: RS ***** SCHIN CR NO: **********0N BOOKING: LUI/JESSIE
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      572 45 CONTAINER LINES, INC I I :ri\~/\~uHAgents: MAC-NELS SPORE: *****22 (24 LINEB) VZJ J c/R hb 12 *****000 M SIBU (084) *****9 KUCHINQ (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK
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      Page 45 Advertisements Column 2
      366 45 II VESSEL VOY SIM MAA SIN I I ESTEBHtGGE 201N 07 08 12 12 18 12 I I TIGER CAP€ 01 IN 08 09/12 13 20 12 25 26 12 I CAPE HERMES 202% 09 10 12 15 22 12 27 28 \2 U I TIGER BRIDGE 311N 1011/12 16
      366 words
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      Page 45 Advertisements Column 3
      416 45 Pl DONGNAMA LINE CONTAIMCWBED SERVICE STWAITS^LW/INC/BSN *SSII IMSSI SGf P» Bin rwc MC BSN TttSBU Ml* It II 11/U 27/12 1 11 SMKMC TIM» Ml* Ul2 20 11 22 12 23 12 (2 (1 04 01 IK Mine Ml* n 12 27 12 29 12 M 01 12/01 MM* MIW
      416 words
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      Page 45 Advertisements Column 4
      431 45 m RICHFIELD MARINE AGENCIES (S) PTE LTD V TEL: *****33 (12 Line*) S FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ETNIOPyUI SMVFM UKt Y (National Urn of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading For Spore Netsanet 37W8 18/02 Mombasa. Djibouti Assab. Massawa
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      Page 49 Advertisements Column 1
      405 49 4 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ~m PKE PGO VESSELS VOY SW RTM ANT LEH HAM BREJ Fa "07/12 09/12 SE* PROGRESS H4W ***** M 712 01/01 31/12 01/01 01/01 03/01 14/12 16/12 17/12 H. CHALLENGER 313* 19/12 06/01 08/01 07/01 08/01 08/01 10/01 21/12
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      Page 49 Advertisements Column 2
      390 49 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE i ROfiO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS VESSEL VOT |SM |p« 10AWN6 FOR MNSWTO 11/12 12/12 lAKARTA U/12. KUCHNG 11/12. HKC 22/12 EASTERN RUBY 13 H/12 12/12 ORANGE MOON 51 U/12 BANGKOK U/12 COSMIC LEADER 44
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      Page 49 Advertisements Column 3
      694 49 VESSEL I VOY |SH ETA/D LAX OAK CHI I DAL MEM/COL I HOU NYC NOR ALLIGATOR TRIUMPH MA 01/12/M/12 25/12 27/12 2S/12 29/12 23/12 30/12 30/12 31/12 GEORGE WASHNGTON BRPGE »3A 15/12 /16/12 01/01 04/01 05/01 06/01 03/01 05/01 06/01 07/01 ALLIGATOR PRPE J6A 22/12 /23/12 01/01 10/01 11/01 12/01
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      310 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.3 2.6 2.8 2.6 2.2 1.7 1.3 1.1 1.1 1 3 1.8 26 3.2 34 3.3 28 2.2 15
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      5 50 BB ■■■IB I ANALYSIS I
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      Page 50 Advertisements Column 2
      172 50 AWRA INTERIM CURRENCY ADJUSTMENT FACTOR 2.5% AT A MEETING HELD IN AMSTERDAM ON 17 NOV, AWRA CONFERENCE LINES REVIEWED THE CONTINUED WEAKNESS OF THE US DOLLAR AGAINST OTHER CURRENCIES. SINCE THERE SEEMS TO BE NO IMMEDIATE PROSPECT OF ANY IMPROVEMENT TO THE PRESENT SITUATION, ALL MEMBER UNES CONCLUDED THAT CONTINUED
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