The Business Times, 9 December 1994

Microfilm: NL19753
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times wl ksowasia MITA(P) 010/12/93 Fridav December 9 1994 75 c
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 20 points
      55 1 Reuter NEW YORK Wall Street stocks fell yesterday as investors sought higher returns in the bond market. The Dow Jones industrial average was off 20.18 points to 3,715.34 at Ipm EST. In the broader market, declining issues led advances by a 14-to-6 margin on active volume
      Reuter  -  55 words
    • Article
      Lock icon Time Warner sees US$1b in wireless revenue
      45 1 Reuter NEW YORK Time Warner Inc expects its move into wireless telephone service to eventually produce a business pulling in US$l billion (551.46 billion) a year in revenue, the head of the company's telecommunications business said yesterday. Reuter
      Reuter  -  45 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Thursday Change STII 2,139.68 -40.70 KLSEComp 925.34 -26.34 Nikkei 19,180.04 +5.81 Hang Seng 8,068.03 -200.19 SET Index 1,310.26 -20.09 Jakarta Comp 461.20 -1.13 CLSA China B 962.05 -5.66 Aust All Ord 1,875.0 +5.8 FTSE 100 3,013.8 +1.3 Thursday Previous 1pm EST close Dow Jones 3,715.34
    163 words
  • Article, Illustration
    Lock icon Regional bourses tumble as further US rate hikes loom
    505 1  -  By R Sivanithy SINGAPORE The spectre of rising US interest rates returned with a vengeance to haunt the region's stock markets yesterday. Hammered hardest were Malaysian and Hongkong stocks, which fell to their lowest levels in more than a year. On
    Source: Bridge Info  -  505 words
  • Article
    Remisier and wife missing, dud cheque may be involved
    284 1  -  By R Sivanithy SINGAPORE Another remisier with a local broking house has disappeared, after recent sharp drops in share prices. His wife, said to be employed by a foreign fund management firm, is also missing. The remisier. who was due back
    284 words
  • Article, Illustration
    Prima: Lankan bakery shutdown won't hit profit
    365 1  -  By Shiv Taneja SINGAPORE Flour miller Prima said the shutdown of its bakery in Sri Lanka alter a violent strike will have little finaneial impact. The Colombo bakery where three managers were held hostage on Wednesday by workers who threatened to set the
    365 words
  • Article
    Kaifu beats Hata to head New Frontier Party
    300 1  -  From Anthony Rowley TOSHIKI KAIFU. a former prime minister of Japan during the days of Liberal Democratie Party (LDP) rule, was yesterday elected president of the so-called New Frontier Party which is led by LDP defectors and which could form the next
    300 words
  • Article
    Lock icon Scots take swing at Chinese golf claim
    278 1 AFP LONDON A claim by the Chinese that they invented golf has infuriated Scotland, long considered the cradle of the sport. Ling Hongling, a professor at Northwestern Normal University in Lanzhou, claimed that the first written record of qiuwan qiu for ball and
    AFP  -  278 words
  • Article
    Sembawang, EDB, Daimler join US$70m Viet vehicle venture
    397 1  -  By Ji Juliette Walker SINGAPORE Singapore's listed Sembawang Group and the Economic Development Board have tied up with Germany's Daimler-Ben/ in a joint venture to assemble MercedesBen/ vehicles in Vietnam. The Singapore partners are expected to take a combined 22 per cent
    397 words
  • Article
    Thai PM loses majority after ally party revolts in parliamentary vote
    449 1  -  From Loh Hui Yin PRIME Minister Chuan Lcckpai's shaky ruling coalition collapsed yesterday and Thailand is now headed for a minority government under him. "I have asked the New Aspiration Party (NAP) to leave the coalition. An official announcement
    449 words
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  • EYE on the ECONOMY
    • Article, Illustration
      Lock icon Rate hikes hit November volume
      292 2  -  By R Sivanithy NOVEMBER was not a good month for the stock market, with prices collapsing amid thinning volume. Customer business on the main board and Clob amounted to just 2.5 billion units worth $7.27 billion, which in dollar terms was 41 per cent less
      Source: SES  -  292 words
    • Article, Illustration
      Aerospace sector bucks global gloom
      448 2  -  I INDUSTRY UPDATE I By Alec Almazan THE AEROSPACE industry here is expected to end the year on a fairly solid note, while 1995's prospects are favourable, the Economic Development Board said yesterday. This is despite the depressed state of the industry worldwide. The industry
      448 words
    • Article
      New lawyers should work 3 years in firm before going solo: Law Society
      399 2  -  By Conrad Raj THE Law Society has found little wrong among sole practitioners regarding their professional integrity, but is recommending that newcomers who want to run sole pro prietorships have at least three years' experience in another
      399 words
    • Article, Illustration
      Matsushita to spend $35m on Jurong plant
      293 2  -  By Joseph Rajendran MATSUSHITA Technology Singapore plans to invest $35 million in the next five years on its Jurong plant, which specialises in factory automation. The chairman of its Japanese parent, K Mori, said yesterday the investment should help the local firm double
      293 words
    • Article
      Biggest water theme park in Asia opens at Sentosa
      141 2 ASIA's largest water theme park, the $54 million Fantasy Island on Sentosa. opened to visitors yesterday and confirmed the signing of several companies as sponsors. K&N Coca-Cola. Aqua. Baskin Robbins, Carlsberg. Wispy, konica and Waveline will together contribute more than $1
      141 words
    • Article
      SIA to launch extra flights next year as traffic picks up
      265 2 SINGAPORE Airlines will fly more often to popular destinations next year after an encouraging performance on some routes recently. The national carrier plans twice-daily non-stop services to London, twice-daily flights to Denpasar and daily flights to Surabaya. It now
      265 words
    • Article, Illustration
      Olivine eyes market for compact discs with $11m plant, machines
      385 2  -  By Claire Leow THE Olivine Group of consumer electronics companies has joined the fray in the growing compact disc manufacturing industry here. It has invested SI 1 million in a new plant and machinery and is aiming for mass production
      385 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      49 2 "[[|,;?"_(@_?"[^'&$*{@([[>~\/:{ MUNC H 6 N HONG KONG BERLIN NEW VO K 19m7\ •v n Our latest model reflects a < THE 1856 STATE-OF-THE-ART 'Jt O z o c <L Handmade Since 1856 X 2 < W or > GOLO/PFEIL o m Finest Leatheicoods A m 3r i'»oßfe* 1 BOUBQ SINGAPORE
      49 words
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      Page 2 Advertisements Column 2
      38 2 FOR THE GENTLEMAN WHO IS COMFORTABLE WITH SUCCESS, WE HAVE JUST THE SHOES. FREE Allen Edmonds A Sboe Care every 9 last)! I 'Ki Allen PH m oTi H gPjj^fji* J 1 1 1 made in the u.s.a.
      38 words
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  • SOUTH-EAST ASIA
    • Article
      Thais eye LNG imports to fuel new power plants
      396 3  -  Refining, LNG PetrochemAsia 94 Reports by S N Vasuki SINGAPORE Thailand is set to become a major importer of liquefied natural gas to fuel power generation plants being established in the private sector. A senior official of the Petroleum Authority of
      396 words
    • Article
      East Asia may face shortfall in oil refining capacity
      292 3 SINGAPORE East Asia will achieve superior investment economics in oil refining because demand for petroleum products is surging and profit margins for investors are comfortable, Chem Systems East Asia Ltd general manager Andrew Spiers said here yesterday. Dr Spiers told the
      292 words
    • Article
      Thomson to invest US$7m in Subic plant
      232 3  -  By David Mok SINGAPORE Thomson Consumer Electronics will invest about US$7 million (SS 10.22 million) in a newfactory in Subic Bay in the Philippines. The plant will make audio and communications products such as phones and CD players for sale in Asia and
      232 words
    • Article, Illustration
      Lock icon Six in sex scandal case charged
      72 3 AFP MALACCA Six men charged with raping an undcraged girl being escorted to a police station here yesterday. The victim was linked to former Malaccan state Chief Minister Rahim Ihamby Chik in a recent sex scandal. A police investigation into the case revealed that
      AFP  -  72 words
    • Article
      Ruling on sale of stakes in KL privatisation projects
      242 3  -  From Ruth Wong in KUALA LUMPUR MALAYSIA'S Economic Planning Unit will make it mandatory for companies that are offered stakes in privatised projects to hold on to their equity for a stipulated period. The director of EPU's privatisation section. Abdul Hamid
      242 words
    • NOTE BOOK
      • Article
        Lock icon 3,810 Indon firms violated labour laws
        81 3 AFP JAKAR TA More than one-third of 9.614 companies surveyed by Indonesian manpower authorities in the three months to November violated labour laws. The Antara news agency quoted a manpower ministry spokesman as saying 3.810 companies were guilty of violations that ranged from failing
        AFP  -  81 words
      • Article
        Lock icon Ex-Bapindo director gets six years' jail
        74 3 AFP JAKARTA A district court here yesterday sentenced a former state bank director to six years in jail in a US$476 million banking scam, the judge said Subekti lsmaun. 55. former president of the Bank Pembangunan Indonesia (Bapindo), was guilty of corruption for issuing
        AFP  -  74 words
      • Article
        Lock icon No decision yet on customs firm
        68 3 AFP JAKARTA The Indonesian government has not made a decision on whether to terminate or extend the contract of the Swiss-based customs inspector Societe Generale de Surveilance. Antara reported that Finance Minister Marie Muhammad told a parliamentary commission the government would not rule out
        AFP  -  68 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      117 3 INVESTING IN PROPERTIES High-Level Security Good Capital Gain High Yield 15 rooms, land area 1100 sq. m., 9% return, A 5850,000 23 rooms, beach front, land area 2100 sq. m., 12% under management, As2.lm 36 rooms, land area 2000 sq. m., 10% return, AS3.2m 44 rooms, land area 2500 sq.
      117 words
    • Advertisement
      Page 3 Advertisements Column 2
      127 3 YES IT'S TRUE! The Le Mercier's Year-End Sale is here again! Take advantage of our low, low prices on the finest collection of fully imported original European Furniture, Lighting, Decorative Accessories and Gift Items in both Contemporary and Traditional styles. Go ahead and make your day. Save, save and save
      127 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Ferries collide off HK
        89 4 Reuter HONGKONG Two catamarans collided in waters near here yesterday, killing at least one person as one of the passenger ferries overturned, a Marine Department official in the British colony said. He said the body of a mainland Chinese crew member had been recovered but three
        Reuter  -  89 words
      • Article
        Lock icon National housing bank proposed
        96 4 Reuter BEIJING The State Planning Commission (SPC) and Construction Ministry have proposed establishment of a national housing policy bank, to provide funds for medium and low-cost housing, the Economic Daily reported. It said that in 1988, local housing policy banks were set up in Qingdao and
        Reuter  -  96 words
      • Article
        Lock icon 5 arrested for raising money illegally
        126 4 Reuter BEIJING The authorities in the north-east city of Dalian have arrested five people who illegally raised US$4O million (Sss9 million) from the public over 12 years and lost nearly half of it, the Financial News reported yesterday. The Hong Xiang company started business
        Reuter  -  126 words
    • Article
      Lock icon Beijing issues grain coupons to some workers to stabilise prices
      399 4 Reuter BEIJING China has reintroduced grjiin coupons for workers in ailing state industries in big cities to ensure sufficient food supplies and stave off social unrest amid the highest inflation in 45 years. "The main aim of issuing grain coupons
      Reuter  -  399 words
    • Article
      Lock icon China urges agriculture investment as grain output stagnates
      295 4 Reuter BEIJING China yesterday issued an urgent appeal for investment in agriculture, warning that farmers were spending bank loans on extra children and lavish weddings while end-of-century economic targets depend on boosting grain output. "Grain output is stagnant, farmers' incomes are rising
      Reuter  -  295 words
    • Article, Illustration
      Lock icon Larger than life
      36 4 Reuter TAIPEI A Taiwanese woman walking in front of a giant poster which is part of an advertisement for the Sexual l.ife Information Kxhibition here yesterday. The exhibition will be held tomorrow. Reuter
      Reuter  -  36 words
    • Article
      Lock icon Microsoft signs MOU opening door for Chinese Windows '95
      249 4 AFP BEIJING Global software leader Microsoft signed a memorandum of understanding (MOU) with China yesterday, paving the way for the development here of the Chinese version of its next-genera-tion operating system, Windows '95. The signing marks a breakthrough for the US
      AFP  -  249 words
    • Article
      Lock icon Foreign firms crowd China computer market
      138 4 Bloomberg Business News HONGKONG Almost four out of five computers bought in China last year were foreign made, highlighting foreign companies' growing dominance* in one of the world's fast est-growing markets. The State Information Centre, a leading Chinese research body, yesterday said domestic companies
      Bloomberg Business News  -  138 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      74 4 aif\t <fjov those with a passion f\ov prestige and vevfjection. v .JnV- P W fin CARAN cTACHE GENEVE This season* when you purchase any Collection 'Geneve' pen by Caran d'Ache, this classic signature Caran d'Ache leather wallet will be yours with our compliments. SOLE AGENT I^ESC^ S.A. DESCO SINGAPORE PTE
      74 words
    • Advertisement
      Page 4 Advertisements Column 2
      65 4 As part of the world's largest international network of Business Service Centres, we have the resources to meet all your needs. We provide quality printing, copying, colour copying, art and design and presentation services. For an unlimited supply of services, ring our number below. Business Needs Prontaprint #03-01 A OUB
      65 words
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  • REST OF ASIA
    • Article
      Lock icon Japan GDP may grow just over 1% this year, says OECD
      455 5 Bloomberg Business News TOKYO Japan is gradually emerging from recession and may achieve gross domestic product growth of slightly more than one per cent in 1994, according to an Organisation for Economic Cooperation and Development (OECD) annual report. Japan's
      Bloomberg Business News  -  455 words
    • Article, Illustration
      Lock icon Excessive curbs hurting Japanese markets: Mondale
      368 5 TOKYO US Ambassador Walter Mondale said yesterday that exeessive regulation was hurting Japan's financial markets and had prompted the recent withdrawal of a number of US companies from the Tokyo Stock Exchange (TSE). "America's own experience has shown that open and efficient financial markets
      Reuter  -  368 words
    • Article
      Lock icon India to spend US$1b to improve telephone network
      396 5 Reuter MELBOURNE India hopes about US$l billion (551.46 billion) will be invested in its creaky telephone network to raise the number of phone lines to the world average by 2000, a senior Indian telecommunications official said. Only one per cent of India's
      Reuter  -  396 words
    • ASIA NOTES
      • Article
        Lock icon Tokyo firms said to rig sewerage bids
        93 5 AFP TOKYO Japan's Fair Trade Commission (FTC) is seeking to bring criminal charges against nine electrical machinery companies suspected of rigging bids on sewerage contracts, news reports said yesterday. The reports, quoting FTC sources, said the trade watchdog had also ordered the nine
        AFP  -  93 words
      • Article
        Lock icon Aussie jobless rate rises to 9.3%
        53 5 AFP SYDNEY Australia's unemployment rate rose to a seasonally adjusted 9.3 per cent in November from 9.1 per cent in October, the Australian Bureau of Statistics said yesterday. Total employment rose 30,400 to 8.029 million, adjusted in November from 7.999 million in October, the
        AFP  -  53 words
      • Article
        Lock icon Seoul may lift travel ban to N Korea
        86 5 AFP SEOUL The South Korean government is likely to lift a ban next week on representatives of the country's conglomerates carrying out business trips to North Korea, a minister said yesterday. Spokesmen for South Korea's industrial giants were reticent though to give
        AFP  -  86 words
      • Article
        Lock icon S Korean GNP to grow 7.3% next year
        85 5 Knight-Ridder SEOUL South Korea's gross national product will grow by an estimated 7.3 per cent in Jan-Dec 1995, the Bank of Korea said yesterday. The figure represents a slight slowdown from estimated GNP growth of 7.9 per cent in Jan-Dec this year.
        Knight-Ridder  -  85 words
      • Article
        Lock icon India leads clash over textiles
        118 5 AFP GENEVA India and other key textiles exporters clashed with the major Western trading powers here late on Wednesday as nearly 120 countries prepared to formally set Jan 1 as the date For launching a new World Trade Organisation (WIO). With the "WTO implementation conference"
        AFP  -  118 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      196 5 FEEL THIS GOOD >^^1 B| H Ik |k THE TAKASHIMAYA FITNESS CLUB CAN MAKE YOU FEEL JUST WONDERFUL ALL OVER. JOIN US AND ENJOY THE COUNTRY CLUB FACILITIES ANY DAY, ANY TIME. COME IN EARLY AND DO LAPS IN SINGAPORE'S BIGGEST INDOOR POOL. POP IN AT LUNCH TIME |£-j| i
      196 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      138 6 you. may have heard of us. We're a company called Brother. And we make a of products from sewing machines, to office typewriters to fax machinSkto laser printers. From the most user-friendly to the most advanced. We've E&tai doing it for over half a century. Naturally we're considered pretty good
      138 words
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  • THE WORLD
    • Article
      Lock icon West German economy surprises with robust growth
      399 7 Reuter BONN The western German economy showed unexpectedly strong growth in the third quarter of 1994. Official figures released yesterday also showed domestic demand supporting exports as the motor of recovery Unemployment also fell again in both east and west Germany and economists
      Reuter  -  399 words
    • Article
      Lock icon Bank of England head hopes interest rates will hit plateau soon
      276 7 Bloomberg Business News LONDON Bank of England governor Eddie George hopes UK interest rates will reach a plateau soon but does not know where that level will be. Speaking to the Treasury Select Committee of legislators yesterday, Mr George
      Bloomberg Business News  -  276 words
    • Article
      Lock icon French court orders politician to repay loans
      259 7 Reuter PARIS Flamboyant politician Bernard Tapie. struggling to keep alloat his troubled financial empire, has been ordered to repay guaranteed loans of 18.5 million francs (SSS.O million) plus interest, judicial sources said yesterday. The Paris court of commerce ordered Mr Tapie. the owner
      Reuter  -  259 words
    • Article, Illustration
      Lock icon Not the Famous Five
      55 7 AFP TEL AVIV Five Israeli models who look like the wives of the presidents involved in the Arab-Israeli peace process, (from left) Suha Arafat, Hillary Clinton, Lea Rabin, Queen Noor of Jordan and Jean Sadat, displaying the w inter line of an Israeli department store in
      AFP  -  55 words
    • WORLD WATCH
      • Article
        Lock icon Deutsche Telekom gets compromise
        92 7 Reuter BONN Deutsche Telekom, scheduled for partial privatisation in 1996, has won concessions from the New York Stock Exchange on conditions for an eventual listing. Germany's Die Welt newspaper reported. Die Welt, basing its report on Telekom's chief financial officer Joachim Kroeske. said the exchange had
        Reuter  -  92 words
      • Article
        Lock icon New York City's smoking ban
        82 7 Reuter NEW YORK New York City took a big step on Wednesday towards enacting one of the country's toughest smoking bans, over protests by the tobacco industry and restaurant owners. The City Council's health committee voted unanimously to approve the ban. The entire council is
        Reuter  -  82 words
      • Article
        Lock icon Israel's trade deficit soars 66%
        80 7 AFP JERUSALEM Israel's balance of payments deficit jumped to U553.46 billion (555.05 billion) in the first nine months of the year, or 66 per cent higher than the same period of 1993. the Central Bureau of Statistics said yesterday. The figures were largely due to
        AFP  -  80 words
      • Article
        Lock icon Ex-Brazilian president goes on trial
        59 7 Reuter BRASILIA, Brazil Former Brazilian president Fernando Collor went on trial on Wednesday for corruption and his attorney argued there was no proof against him. Collor, whose 1992 resignation amid an influence-peddling scandal was seen as boosting Brazil's young democracy, is among nine suspects being
        Reuter  -  59 words
    • Article
      Lock icon Poll shows backing for US welfare reform
      194 7 AP WASHINGTON Americans have a distorted view of poverty in their own country, says a survey that shows broad support for welfare reform. Most Americans believe people on the dole are collecting more than they actually get, the survey indicates. While the study
      AP  -  194 words
    • Article
      Lock icon Republicans change House rules on votes to increase taxes
      405 8 Bloomberg Business News WASHINGTON In a pre-cedent-setting move. Republicans voted on Wednesday to change House of Representatives rules to require a three-fifths approval for legislation thai increases tax rates. Until now, bills to increase tax rates required approval of only a
      Bloomberg Business News  -  405 words
    • Article
      Lock icon Morgan Stanley, S G Warburg in merger talks
      352 8 Reuter LONDON Top British merchant bank SC. Warburg Group pic announced yesterday it was in multi-billion-pound merger talks with US investment house Morgan Stanley Group Inc. The deal, which would create one of the most powerful investment banking forces, would involve Morgan
      Reuter  -  352 words
    • Article, Illustration
      Lock icon When warders strike
      40 8 AFP TOULOUSE, France Warders, dressed up as "Batman" and a prisoner, blocking the entrance of the Saint Michel prison here to prevent any prisoner's move as part of a warders* strike which started one month ago. AFP
      AFP  -  40 words
    • Article
      Lock icon US escalates probe into Fox ownership
      193 8 AP WASHINGTON Federal regulators escalated their investigation into the ownership of Fox lnc on Wednesday, say ing they will seek more information from the emerging network. The Federal Communications Commission's Mass Media Bureau said it hasn't reached any conclusions, ac- cording to a copy
      AP  -  193 words
    • Article
      Lock icon Expansion of Nato a mistake, says Delors
      256 8 FT BRUSSELS Jacques Delors, president of the European Commission, yesterday strongly criticised US efforts to expand Nato membership into eastern Europe, describing it as a "dangerous mistake". "I think it was a premature initiative which was badly timed." he said in Brussels, speaking
      FT  -  256 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      76 7 Ba. Oet W M www J 5-cylinder engine, precision frontLink rear suspension have been I N Hi ~hailed as major breakthroughs by ■BK -j. XL m £r' the motoring press Easy to forget, all the exciteSystem J|^klphhrh k 4 V-' Y.- »,v >* cage also make this one of the
      76 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      662 8 mmi Marketing Institute of Bjj Singapore MOGRAMMB Date: 10*11 January, 1995 Time: 9 am 5 pm Apollo Hotel Fees: $824.00 (Non MIS Member) $618.00 (MIS Member) $618.00 (Join as Member now)* Closing Date: 30 December, 1994 Seminar Participants who join as members now need only pay the member rate and
      662 words
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      Page 8 Advertisements Column 2
      179 8 Take a close look at a John Langford shirt On first inspection it's 9 For example, there are two buttons on the a smrt. cuff for your choice of a tight or loose fit On closer inspection it's calculated to survive the transient whims of a hidden asset. fashion. An
      179 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      462 9 Celebrate the arrival of Robbie Dhu in Singapore And win a Highland Fling for two in bonnie Scotland II K^^l Twelve year old And both ways, enjoy stay in Scotland and 2 nights in London. Robbie Dhu now in the inflight hospitality Consolation 12 winners of a bottle of Robbie
      462 words
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  • ADVERTISING & MARKETING
    • Article
      JWT set for greater regional push from new Suntec office
      526 10  -  Michelle Low reports how the 130-year-old agency is placing top priority on its Asia-Pacific network Michelle Low J WALTER Thompson is 130 years old this week and it's moving on. The agency, whose local statT have long been hassled by
      526 words
    • Article, Illustration
      Lock icon S Korean agencies enlist help of Western stars
      562 10 Astronomical modelling fees have forced Seoul ad agencies to look overseas Reuter SEOUL advertising agencies are looking overseas for famous faces to use in their advertisements because South Korean models and actresses are charging such extravagant fees. In the latest case, one
      Reuter  -  562 words
    • Article, Illustration
      Gardenia livens up the season with festive loaf
      169 10  -  By Corinne Kerk Bread-maker Gardenia has dccided to celebrate Christmas with a festive Fruit and Nut sandwich loaf. Meant to complement the year-end festive eating, the loaf is generously pumped with fruits such as apricots and raisins as well as crunchy walnuts
      169 words
    • Article, Illustration
      Gamut of changes in store at Tangs
      340 12  -  Corinne Kerk finds out what the review of operations and merchandising strategy will entail Corinne Kerk THE listed C K Tang Group, which has said it will relaunch loss-making Tangs Studio next year, is also reviewing its operations and merchandising strategy in its
      340 words
    • Article
      Batey-Kazoo lands A$15m govt account to Market Australia
      403 12  -  Canberra wants a change of image in Asia, writes Florence Chong in Sydney Florence Chong SINGAPOREAN-Austra-lian agency Batey-Kazoo has pulled off a minor coup by beating Saatchi Saatchi. McCann Erickson. J Walter Thompson and the like to win the AS 15 million
      403 words
    • Article
      Lock icon Richard Branson takes active interest in his new agency
      457 12 NYT RICHARD Branson, the brash chairman of the Virgin Group and Virgin Atlantic Airways, is borrowing a page from the playbook of Victor Kiam, the bombastic Remington shaver titan: Branson likes his new agency so much he's buying part of it.
      NYT ,  -  457 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      541 10 THIS CAR CAN HANDLE ANYTHING. EVEN CRITICISM. Discovery was individual side to side temperature controls have been introduced, ago, has proven itself by conquering the QQ The steering column is now tilt adjustable. world's toughest terrains, by beating all rivals m To lower the windows fully you no longer need
      541 words
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      Page 10 Advertisements Column 2
      12 10 LEARN FROM THE MONEY GURUS in Personal Finance and Investment on Saturdays
      12 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      204 11 We've just set the table. Hope you brought an appetite. An appetite highest interest rates in town, that is. I CITIBANK TIME DEPOSIT I Especially now that we're offering even greater returns when I Local Time Deposit H Ssso f ooo and above I you open a Deposit or Unfixed
      204 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      65 12 I How do you get H people who spent 2,547,8761 nights tnH hotels last year to wake up I all it takes is 90URCE AP7 'X/aAJL <OUS /++£> 7h> CLl&*k+*7L /tX<A4uUs hrt> cM /*JU<C?jIJ a, /bjL>aJL' th- Am/ tfuAJb 4*tZA **Oy J A\C*Jou/ XLaf jtuuf ah-HsfCt J~c2ZUs V^*, Every Heineken
      65 words
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  • SPORTS
    • Article, Illustration
      Lock icon Goran ousts Becker, Agassi knocks out Muster despite a cold
      520 13 Grand Slam Cup Reuter, AFP. MUNICH Goran Ivanisevic blasted his way past local hero Boris Becker into the semi-finals of the US$6 million Grand Slam Cup yesterday. Ivanisevic found scorching returns to go with his renowned service power, taking four
      Reuter,; AFP.; Reuter  -  520 words
    • Article
      Lock icon Book libelled us, Olympic chiefs tell Swiss court
      372 13 AP LAUSANNE. Switzerland International Olympic Committee president Juan Antonio Samaranch testified in a Swiss court on Wednesday that two British journalists had libelled him by misrepresenting his past in Franco's Spain and his leadership of the Olympic movement. A verdict was expected
      AP  -  372 words
    • Article
      Lock icon Golf establishment resists Norman conquest, for now
      476 13  -  By Dave Anderson NYT NEW YORK For all of Greg Norman's appeal, he has never been known as a truly great golfer. His two British Open titles aren't nearly enough for him to be remembered with Jack Nicklaus and Arnold Palmer, or even
      NYT  -  476 words
    • Article
      Lock icon Japan denies fabricating Chinese dope charges
      254 13 UPI TOKYO Japanese sports officials have reacted strongly against claims that the doping scandal involving 11 Chinese competitors at the recent Asian Games in Hiroshima had been fabricated. Japan's Olympic Committee member Kikuo Hirose scotched suggestions by the Chinese press which said Japan had
      UPI  -  254 words
    • SPORT SHORTS
      • Article, Illustration
        Cricket
        38 13 HOBART, Australia Australia beat Zimbabwe by 84 runs in their World Series limited-overs match on Thursday. Scores: Australia 254 for three (50 overs, S Law 110, D Boon 98 not out); Zimbabwe 170 for eight (50 overs).
        38 words
      • Article, Illustration
        Soccer
        264 13 PARIS European Champions League results Wednesday Group A: United (Eng) 4 Galatasaray (Tur) O, Barcelona (Spn) 1 IFK Gothenburg (Swe) 1. Table (P W D L GF GA Pts): 1 Gothenburg 6 4 1 I 10 7 9 2 Barcelona 6 2 2 2 II 8 6 3 Man
        264 words
      • Article, Illustration
        Basketball
        21 13 ORLANDO, Florida NBA Wednesday: Orlando 90 Cleveland 75; Boston 93 Atlanta 80; Miami 102 Philadelphia 111; LA Clippers Milwaukee 94.
        21 words
      • Article, Illustration
        Lock icon Boxing
        36 13 AFP WASHINGTON Former world heavyweight champion Riddick Bowe's next fight in his quest to regain his crown will be against unbeaten British boxer Herbie Hide in Las Vegas on March 11, his manager said Wednesday.
        AFP  -  36 words
      • Article, Illustration
        Lock icon Golf
        142 13 AP SYDNEY US$ 165,000 Air New Zealand-Shell Open Ist rd Thursday (Australian unless noted, par--70): 64 Lucas Parsons 66 Phil Drew 67 Jason Evans. Don Fardon. Tony Christie (NZ), Andre Stolz. LA QUI NT A, Calif. Fred Couples fired a (vunder-par 66 Tuesday to help the US PGA Tour
        AP  -  142 words
      • Article, Illustration
        Lock icon Tennis
        84 13 AFP MIAMI Italian sportswear maker Fila is suing Monica Seles, saying the former tennis star failed to promote a line of apparel with her name after being knifed in the back last yeai. The suit, filed in US District Court here, said Fila Hrs lost more than USS6 million
        AFP  -  84 words
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      261 13 Fully Computerised Car* Exhibition LUXURIOUS LEATHER MASSAGE COUCH FOR ULTIMATE RELAXATION some of the finest names m preventlvt hea,th carc V<3IIII Venue. Exhibition Hall at I Mad. ,n Japan i Sim Um Square M 1 I Massage Couch M fcst Date: 11th Dec 94 J PLC Time: 10am 9.30pm Health
      261 words
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  • Page 14 Advertisements
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      237 14 IHI9HHBVHVWPVVPPIPVViiiKiiIiII Corporate Access offers you the communications edge We provide everything you need for instant, quality that has already changed the way companies in the U.S. communications with your offices in Asia, including and Europe do business. Our point-to-point satellite- ground and satellite equipment. Plus tht know-how to based system
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  • LIFESTYLE
    • Article, Illustration
      Bach indulgence
      700 15  -  Tan Su Ling reviews a CD of the master's finest works that comes with a well-researched biography of the composer Tan Su Ling I'he writer is a freelance journalist THIS Christmas, feast not just on turkey but on Bach's masterpieces. ranging from the popular "Air on the G
      700 words
    • Article
      Lock icon Rooney backs orphanages
      327 15 CHATTERBOX AP AP AFP ORPHAffAGES aren't so bad, says actor Mickey Rooney. And he should know, he lived in one in the movies. Rooney, who starred with Spencer Tracy in the 1938 American film Boys Town, said he supports US House of Representatives Speaker-designate Newt Gingrich's endorsement
      AP; AFP  -  327 words
    • Article, Illustration
      Some of the old magic still works
      653 17  -  Aladdin may not be anything to rave about but it's a worthy addition to the visiting musicals, says Shahiron Sahari Shahiron Sahari THE World Premiere of Aladdin, the stage version of the story of Aladdin. felt a bit like the opening night at
      653 words
  • Page 15 Advertisements
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      294 15 INFHIine An SPH AodioTex Service In English Number Horoscopes (Daily) 8450 The SAGITTARIUS Woman; Win Prizes! Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Red Wine; Win Prizes! Children's Funland 8453 Kids' Quiz Face Facts 8454 Parental Region Dreamland 8455 Dreaming Of Being Naked; Fandi Ahmad
      294 words
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      12 15 iMhlit m i ''W^Mr11 Uib 1 1 1 1 ir:A# Bfc« hb|
      12 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1251 15 I TV RADIO j Home Alone, Bpm, Ch 5 j ifl B Macaulay Culkin is left behind f, vWJWfIFs v, \V when his disorganised family j goes to Europe. He sorts out his attitude to his family, his iHK Us, WBi bum- Iji bling burglars in this 1990 hit. Paul
      1,251 words
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  • Page 16 Advertisements
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      730 16 Nothing Beats A Bud. OF FRESPfI IPASTA U>AILY. From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Posta Fr«sca Oo Sofvofore Pt« Ltd 30 Boat CKjoy SIOIO4I {Open 24 hoorsl Tel 532
      730 words
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      Page 16 Advertisements Column 2
      391 16 WHERE TO WINE, DINE AND ENTERTAIN I BUSINESS LUNCH OR FAMILY DINNER, 1 I FEAST ALL YOU CAN. 1 S That's over 50 delightful dishes in all! JSt Featuring the best talked alxxit 5j3 seafood and Cantonese cuisine. All uj {1 you can eat. Complimentary platter of TjA p suckling*
      391 words
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      Page 16 Advertisements Column 3
      290 16 IE np Qgp S2SO<, SfV'.IT! 'D iMavmum .IBWJii H 'JJ*SiEZr /q/i<p. of 10 persons) nn i| Sloo++('Birthday -J Maximum of Ma^unum °f -PacKagtC- 15 persons) (IZU 10 persons) $130++ gISjC jI11BE)j i p erso Vookji 'KTV %oom for a song. for reservations, call us at 7J4 6151 between IOJOam and
      290 words
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      506 17 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your coffee houses etc. fry 4 A- Sole Distributor: q
      506 words
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      8 17 HBBnSeal *WTsax Levels, Raffles City. Tel: 431 6156
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  • Article
    Ozawa at the helm
    531 18 EDITORIAL TOMORROW'S launch of Japan's New Frontier Party in Yokohama will have oddly Germanic overtones. On a Wagneriantype stage designed to look like the prow ol a ship, and with a huge logo resembling a ship's wheel suspended above them, leaders of the party will lead
    531 words
  • WHAT THE OTHERS SAY
    • Article
      A strong signal needed
      356 18 WHEN ministers from Singapore. Malaysia and Indonesia meet on Dec 17 in Johor to sign a memorandum of understanding to formalise economic cooperation in the Southern Growth Triangle, they are taking a step which many see as long overdue. The trilateral project, started more than four
      356 words
    • Article
      Be flexible on HDB flats
      186 18 THE price of HDB flats continues to rise. So do income levels. Therefore, it is only natural for the HDB to review the income ceiling from time to time. The latest review affects those who want to own fourroom Hats or bigger. The HDB did
      186 words
    • Article
      Russia's new hardline stance
      139 18 THH recent Conference on Security and Cooperation in Europe summit has not brought about new confi- dence. Instead it has resulted in new suspicions and conflicts. The 53 nations which attended the summit failed to reach any agreement on the- two key security issues a solution
      139 words
    • Article
      Fooling the gullible
      114 18 TWO familiar sayings spring to mind whenever stories of property scams leap into the headlines. I here's a sucker born every minute" and "never give a sucker an even break". Unscrupulous merchants have been operating along the lines of the latter since the days of the barter
      114 words
    • Article
      Unusually candid adviser
      139 18 HONGKONG Affairs Adviser Chang Ka-mun has been refreshingly candid about his suggestion that a top Chinese official be stationed here after the handover to oversee the operation of mainland institutions and guarantee the implementation of the Basic Law. It is rare for the public to be let
      139 words
    • Article
      Hope for democracy
      139 18 AS PREDICTED, Abdurrahman Wahid, also known as Gus Dur, was re-elected as Nahdlatul Ulama's (NU's) executive chairman for a third consecutive term. But he did not win the chairmanship as easily as many had predicted. He narrowly beat his toughest opponent, Abu Hasan, who is virtually unknown
      139 words
  • Article, Illustration
    Lock icon Major's still plugging away, despite the body blows
    1040 18  -  Can the government of beleaguered UK Prime Minister John Major take any more of the beating it Tias been getting? Neville Stack finus out Neville Stack The writer is a UK-based journalist who contributed this commentary to BT THE: plot is straight
    Reuter  -  1,040 words
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      47 18 Asia's corporate giants WW The British flags may be coming down soon, but Hongkong's top hong remains a powerhouse of commerce and industry. And Jardines intends to stay ahead with or without China's blessing. In Asia's Corporate Giants. In Executive Lifestyle SINGAPORE Business Times WE KNOW ASIA
      47 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      29 18 IRS SOON AS -rue pvMyot4C (loon-t 8e long") 6>ig H<=Wd Hits I VcomiNG —\r~ 71-10 Tuj£ me. j (gy) H V££* y eASSO ««ttoNfwswe«*Lro.mJiw 9sS3 DOONESBURY GARRY TRUDEAU J
      29 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon A hard act to follow
      1201 19  -  The departure of Treasury Seeretary Lloyd Bentsen will leave a political void in the White House that won't be easy to fill, says Leon Hadar Leon Hadar The writer is BTs li ashington correspondent December 6, 1994, will probably be recalled in the annals of
      Reuter  -  1,201 words
    • Article, Illustration
      Lock icon End of an era of fat pay cheques
      1150 19  -  With profits down, salaries on Wall Street could fall by 40 per cent, says Kenneth N Gilpin Kenneth N Gilpin NYT WALL Street is preparing for its first pay cut since 1990. Salaries, including bonuses, could plunge as much as 40 per
      NYT  -  1,150 words
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  • Article
    Lock icon It's official: WTO will be launched on Jan 1
    432 20 Reuter AFP GENEVA The new World Trade Organisation linking more than 120 countries in a wide-ranging treaty liberalising global trade will start up on Jan 1. delegates to a launch conference decided yesterday. But diplomats said a tussle between the United
    Reuter; AFP  -  432 words
  • Article
    Lock icon China denies report of threat to void US trade pacts
    328 20 AP. Reuter BEIJING Chinas trade ministry yesterday denied that it planned to nullify trade agreements with the United States if it did not gain membership in the new world trading system by Jan 1. China has said that it wants
    AP.; Reuter  -  328 words
  • Article, Illustration
    Lock icon KL to resist foreign pressure to limit growth
    404 20  -  From Al Labita in MANILA MALAYSIA will resist pressure from foreign institutions to limit its annual economic growth to 7 per cent. Malaysian Deputy Prime 'Minister Anwar Ibrahim said yesterday: "We are prepared to break the conventional wisdom of economics." Speaking to
    AFP  -  404 words
  • Article
    Lock icon Indon firms to gain from Natuna gas project
    129 20 AFP JAKARTA About 29 per cent of the US$4O billion (SssB billion) to be invested in the Natuna natural-gas project could trickle down to Indonesian companies. Antara news agency yesterday quoted the deputy head of the National Agency for Assessment and Application
    AFP  -  129 words
  • Article
    Australia, Singapore team up for business in Asia
    357 20  -  From Peter Osborne in MELBOURNE AUSTRALIA and Singapore will strengthen bilateral links through the development of joint business opportunities. An Australia-Singapore business mission will travel within the Asian region next year to explore opportunities for infrastructure development. led by Australian Trade Minister
    357 words
  • Article
    Asian economies likely to grow 7.6% in 1995: Merrill Lynch
    330 20  -  By Ven Sreenivasan SINGAPORE Despite tighter money supply and higher interest rates, Asian economies will enjoy balanced and sustainable growth next year, said Merrill Lynch in its latest monthly economic review. "Overall, we expect ex-Ja-pan Asia (Asia excluding Japan) to
    330 words
  • Article, Illustration
    Apec may deliver the goods, but Australia must strike now
    976 20  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is BT's copy editor SO THE National Trade and Investment Outlook Conference in Melbourne this week has ended without a hitch, thanks to the aircraft refuellers holding their fire.
    976 words
  • Article
    Lock icon US inventories posted 4th straight rise in October
    103 20 Reuter WASHINGTON Wholesale inventories increased for a fourth straight month in October. the Commerce Department said yesterday, and sales increased moderately. The stead> rise in stocks of goods on hand during autumn indicates that wholesalers anticipated strong holiday sales prospects. The department
    Reuter  -  103 words
  • Page 20 Advertisements
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      15 20 .;`/].@+-@?_$!({@~,'%"_"<_"'^/) SUPERFINE PERSIAN CARPETS On Display At Palais Renaissance #D 1-0 l/O-i Business Hour: 11am 6pm
      15 words
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      Page 20 Advertisements Column 2
      82 20 Tomorrow in Business Times 1 Now Zip gives you instant boiling rSH water 1 every minute of the JUST TURN ON THE TAP. ZIP OUT- DATES URNS, KETTLES, COFFEE BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY HOSPITAL AND SCHOOL ZIP IS FULLY AUTOMATIC AND STEAMFREE. SAVE YOUR
      82 words
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  • COMPANIES & MARKETS
    • Article
      WBL-Polytek deal finally set to go through
      313 21  -  By Joseph Rajendran SINGAPORE The plan by WBL Corp, formerly Wcarne Brothers, to inject six of its profitable firms into subsidiary Polytek Wearnes is finally set to go through. Sources told BT yesterday that the Stock Exchange of Singapore has given its inprinciple
      313 words
    • Article
      Tibs bond, warrant issue to fund buses
      349 21  -  By Ven Sreenivasan SINGAPORE Listed bus operator Tibs Holdings yesterday announced plans to raise funds through a bond and warrant issue to buy new buses and build a depot and workshop facilities to cater for new routes. The bonds and warrants will be
      349 words
    • Article, Illustration
      Sembawang gets $6m job to upgrade Love Boat
      338 21  -  By Alec Almazan SINGAPORE Sembawang Shipyard has landed a Ss6 million contract to upgrade the cruise ship Pacific Princess. better known as the Love Boat. The vessel, which was featured in the television series Love Boat, arrived at Sembawang's King George VI
      338 words
    • Article
      Cosco Investments going places
      894 21  -  HOCK LOCK SIEW KfSpppS WW®-* By Quak Hiang Whai SINGAPORE Only a year in Singapore, Wei Jia Fu is making waves in the corporate community here. At the helm of the Singapore listed subsidiary of the world's largest shipping group, China Ocean Shipping Co, Cpt Wei
      894 words
    • Article
      Strong economy furnishes Courts with 93% interim gain
      276 21  -  By Corinne Kerk SINGAPORE Intensive and strategic marketing as well as a healthy economy has helped furniture retailer Courts register a 93.4 per cent leap in net profit to 55.3 million for the six months to Sep 30. 1994. Courts said higher
      276 words
    • Article
      Family firm cuts stake in YHS farther
      165 21 SINGAPORE Family company Yeo Hiap Seng Holdings, which once had a controlling stake in beverage group Yeo Hiap Seng (YHS), has further reduced its stake in the listed group. YHS Holdings, which is being liquidated, has distributed 25.92 million YHS shares to its
      165 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        48 21 Weak Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Raring. Daiwa. Fraser, G K Goh. Kay llian, Morgan Gren/ell, OngCo. Nomura. Phillip. Smith New Court, W I Carr and SG Warburg.
        48 words
      • Article, Illustration
        HOT STOCK
        148 21  -  By Paul Leo RASHID Hussain fell only two cents to $3.38 yesterday despite the heavy trading volume 496,000 shares done, which is 11 times the 10-day average of 45,000 units. This shows that buying support is returning strongly to the counter. Other technical factors are also supporting this
        148 words
    • COMPANIES
      • Article
        Westmont forms unit to handle investment in the Philippines
        383 22  -  From Al Labita in MANILA MALAYSIA'S Westmont Group is setting up an investment house to handle investments which are expected to reach 18 billion pesos (SSl.l billion) in the Philippines over the next two years. The formation of Westmont Investment Corp
        383 words
      • Article
        Lock icon Hicom unit buys M$18m stake in resort developer
        222 22 Bernama KUALA LUMPUR Hicom Lindungan Sdn Bhd. a wholly owned subsidiary of Hicom Holdings Bhd. yesterday signed a sales and purchase agreement with Mofaz Sdn Bhd to acquire a 60 per cent stake or 600.000 shares in Rebak Island Marina Bhd (RIMB)
        Bernama  -  222 words
      • Article, Illustration
        Lock icon Sime Darby aims to be top tyre producer in S-E Asia
        244 22 Bernama PETALING JAYA Sime Darby Bhd wants to position itself as the leading tyre producer in South-east Asia and will invest more than MS2SO million (S$ 143 million) over the next three years to achieve this objective, its chairman
        Bernama  -  244 words
      • Article
        DBS Land to build office tower in CBD
        163 22 SINGAPORE DBS Land plans to build a 21-storey office tower at Robinson Road in the central business district. The tower, which should be completed about the end of 1996. will have a gross floor area of 15,725 sq m and net lettable
        163 words
      • COMPANY BRIEFS
        • Article
          Keppel ups stake in subsidiary
          40 22 SINGAPORE Keppel Bank said yesterday it had raised its stake in its wholly-owned subsidiary Keppel Bullion Futures from 2.5 million to 8 million shares from an issue of 5.5 million new shares of S1 each.
          40 words
        • Article
          Har Par group MD quits
          33 22 SINGAPORE Har Par Brothers International said yesterday that Peter Ngo has resigned from the post of group managing director. Mr Ngo had held the post since December 1991.
          33 words
        • Article
          Lock icon Singapore firm in Manila venture
          70 22 AFP MANILA Avala Systems Technology Inc. a software subsidiary of the Philippine' conglomerate Ayala Corp. and Singapore Computer Systems Ltd (SCS) said yesterday they had entered into a joint venture agreement. SCS will have 30 per cent equity in the information technology company, in which
          AFP  -  70 words
        • Article
          Lock icon O'Connor's profit rises 25%
          66 22 Bernama KUALA LUMPUR O'Connor Engineering Trading (M) Bhd has recorded a 25 per cent increase in the group pre-tax profit to M 525.33 million (SS 14.5 million) for the financial year ended Sep 30, 1994. against M 520.262 million previously. In its unaudited results released here,
          Bernama  -  66 words
        • Article
          Lock icon Carlsberg buys information system
          42 22 Bernama PETALING JAYA Carlsberg Brewery Malaysia Bhd yesterday signed a MSI million (*****.500) deal with SSA Software (Malaysia) Sdn Bhd for the purchase of an enterprise information system to handle the information flow for Carlsberg's manufacturing operation. Bernama
          Bernama  -  42 words
      • Article
        KFC (M), franchise owner hold talks on M'sian operations
        271 22  -  From Ho Kay Tat in KUALA LUMPUR KFC Holdings (Malaysia) Bhd said yesterday it was holding talks with fast-food franchise owner KFC International Holdings Inc (KFCI) to resolve concerns raised by KFCI over the management of its local operations. KFC Malaysia
        271 words
      • Article
        UNIT TRUSTS & FUNDS
        593 22 UNIT TRUSTS FUNDS Managers' pnc«* Dcc 4 Mendaki Or Fund 105 108 US Gr Fund 0.93 0 %*d~ Singapore Unit Trust had u«t im The Commerce 150 I 68 UOB ASSet Hlgl LM The SiMnp Fund 1-52 1.61 Unilund 1-39 1.45 S'pore Prog Fund 0 58 0.62 l.nihond 1.04 1.065
        593 words
      • Article
        Lock icon Taiwan firm in power plant venture with US concern
        348 23 Reuter TAIPEI Taiwan's giant President Enterprises Corp plans a major investment in the country's attractive power industry with the Georgiabased Southern Electric International. The planned move, which calls for a combined investment of NTS4O billion (552.2 billion) to build a 1.2
        Reuter  -  348 words
      • Article, Illustration
        Lock icon Mekong car plant takes shape
        53 23 Reuter HANOI Two Vietnamese mechanics checking the underside of a mini-bus at Mekong Corporation car plant near Hanoi yesterday. Mekong Corporation, a Japanese-South Korean joint venture with Vietnamese companies, assembles four-wheel-drive vehicles, light buses and trucks in cooperation with IVECO, the commercial vehicle division of
        Reuter  -  53 words
      • Article
        Lock icon HK media shares drop on rising newsprint costs and falling ad sales
        310 23 Bloomberg Business News HONGKONG Hongkong newspaper stocks tumbled yesterday on concerns about reduced property advertisements, rising newsprint costs and a new rival, analysts said. "Traders are saying that newsprint costs could rise between 15 per cent and 20
        Bloomberg Business News  -  310 words
      • Article
        Lock icon Hopewell scrapped bond sale for cheaper loans: Wu
        252 23 Bloomberg Business News MELBOURNE Hopewell Holdings raised US$l billion (551.46 billion) from banks because they offered lower rates than was available in the bond market, said managing director Gordon Wu. Three months ago fund managers in Hongkong were told that Hopewell would
        Bloomberg Business News  -  252 words
      • Article
        Lock icon Hongkong and China Gas gets second Chinese supply deal
        244 23 Bloomberg Business News HONGKONG Hongkong and China Gas, the territory's dominant supplier of piped gas, said it has signed an agreement for its second gas supply venture in China. It will own 70 per cent of a joint venture that will
        Bloomberg Business News  -  244 words
      • Article
        Lock icon Over half of NZ listed firms are foreign owned: study
        208 23 AFP WELLINGTON Foreign institutions and companies hold a majority of the shares in New Zealand's 40 biggest listed companies for the first time, an analysis by stockbroker Doyle Patcrson Brown released yesterday shows. A breakdown of the ownership of the
        AFP  -  208 words
      • Article
        Lock icon CS First Boston expects HK stocks to fall further
        238 23 Bloomberg Business News HONGKONG Citing what he called a very grim mood among fund managers, CS First Boston's regional strategist said it is too early to buy Hongkong stocks. As the Hongkong stock market was dropping to a oneyear low, Paul
        Bloomberg Business News  -  238 words
      • Article
        Lock icon Toshiba to market highest-capacity disks
        199 23 AP TOKYO Japan's Toshiba Corp will begin marketing 2.5inch computer hard-disk drives with a storage capacity of 1.08 gigabytes, which it says is the largest in the world. The electronics company said on Wednesday that it would begin sample shipments of the disks in January
        AP  -  199 words
      • COMPANY BRIEFS
        • Article
          Lock icon GEC-Alsthom gets £1b train order
          95 23 Reuter LONDON Britain yesterday awarded a contract which could be worth up to £1 billion (552.3 billion) to Anglo-French consortium GLC-Alsthom NV to supply and service 100 trains for London Underground's Northern Line. Under the deal. GEC-Al-sthom will build and maintain about 100 underground trains
          Reuter  -  95 words
        • Article
          Lock icon Li Ka-shing ups stake in SHK
          104 23 Reuter HONGKONG Tycoon Li Ka-shing told the stock exchange he had increased his shareholding in SHK Hongkong Industries Ltd by 28.69 million shares, or 1.9 per cent of the company's issued share capital. Last week, Mr Li said he had increased his holding in
          Reuter  -  104 words
        • Article
          Lock icon Innovative Int'l interim profit up 5.1%
          57 23 Bloomberg Business News HONGKONG Innovative International (Holdings), a designer, manufacturer and retailer of antennae and auto parts, said its net profit rose 5.1 per cent to HKS7S.I million (5514.2 million) for the six months ended Sep 30. The company reported net profit of HKS7I.S
          Bloomberg Business News  -  57 words
        • Article
          Lock icon Far East Consortium profit soars
          94 23 Bloomberg Business News HONGKONG Hongkong real estate investor Far East Consortium said its net profit rose 51.7 per eent in the six months to Sep 30. In a statement to the Stock Exchange of Hongkong, the company said profit after tax and payments to and
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Henderson sells first 30 units
          83 23 Reuter HONGKONG Henderson Land Development Co Ltd said the first 30 units in its luxury residential development Winsome Park in Hongkong's Mid-Levels, which went on sale yesterday, were all sold out. It had offered the first 30 the chance to buy a car parking space
          Reuter  -  83 words
        • Article
          Lock icon Whirlpool's Indian plans stalled
          73 23 Bloomberg Business News NEW DELHI US appliance maker Whirlpool Corp's plans to expand in India are stalled by a dispute over what it should pay for a 51 per cent stake in refrigerator-maker Kelvinator (India) Ltd, says the Economic Times. Whirlpool had planned to buy the
          Bloomberg Business News  -  73 words
      • Article
        Lock icon US investment advisers most bearish on stocks since 1982
        379 24 Bloomberg Business News NEW YORK Investment advisers are the most pessimistic about the outlook for US stocks since March, 1982, according to a survey compiled last Friday by the Investors Intelligence newsletter. The latest reading was the fourth straight week that
        Bloomberg Business News  -  379 words
      • Article
        Lock icon Move over Macy's, here comes Kmart
        459 24 NYT NtW YORK In a city where some of the most prominent landmarks bear names like Tiffany's, Saks and Bergdorf Goodman, another is on the way: Kmart. For years a staple of suburban retailing, the discount chain signed a lease on Wednesday for what
        NYT  -  459 words
      • Article
        Lock icon Share slump knocks profit at Smith New Court by 35%
        288 24 Bloomberg Business News LONDON Smith New Court pic, a leading European stockbroker, said first-half pretax profit slumped 35 per cent as share trading dwindled around the world. Knocked by a drop in trading in European and Asian markets, profit before
        Bloomberg Business News  -  288 words
      • Article, Illustration
        Lock icon Businessman leads charge to break up GM and raise stock value
        437 24 Reuter CHEVY CHASE, Maryland James McElroy, a businessman in this Washington suburb, is playing the role of David against a corporate Goliath General Motors Corp with some help from consumer advocate Ralph Nader. He is trying to convince small
        Reuter  -  437 words
      • Article
        Lock icon EquitiLink mining fund closes fully subscribed
        281 24 Bloomberg Business News SYDNEY EquitiLink Australia Ltd said its offer of 20 million shares at ASI a share in a new investment fund specialising in mining stocks closed fully subscribed. A total of 20.2 million shares were purchased, including about 1 million shares, or
        Bloomberg Business News  -  281 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon New US rules on accounting for impaired assets soon
        375 25 Bloomberg Business News NORWALK, Connecticut Accounting rule makers are preparing to issue new standards on how companies account for assets that no longer produce the income they were expected to. A proposal issued by the Financial Accounting Standards Board is intended
        Bloomberg Business News  -  375 words
      • Article, Illustration
        Lock icon Orange County crisis a big challenge to markets
        355 25 Los Angeles Times LOS ANGELES Financial markets are bracing for what could be severe fallout from the bankruptcy filing by Orange County, California, and from Tuesday's first step in the liquidation of the county's massive bond portfolio. Analysts yesterday said the scope
        Los Angeles Times  -  355 words
      • Article
        Lock icon Aussie bank to open Hanoi office
        50 25 Bloomberg Business News HANOI The Commonwealth Bank of Australia yesterday said it will open a representative office in the Vietnamese capital of Hanoi. The bank wants "to become an Asian regional bank", said Michael Katz, Commonwealth Bank head of institutional banking. Bloomberg Business News
        Bloomberg Business News  -  50 words
      • Article
        Lock icon Taipower to issue corporate bonds
        65 25 AFP TAIPEI The state-run Taiwan Power Company (Taipower) will issue NT54.56 billion (*****.8 million) corporate bonds tomorrow, Taipower officials said. The unsecured debentures will be used to bankroll the power company's development of power sources and the expansion of existing power-generating facilities, the officials said.
        AFP  -  65 words
      • Article
        Lock icon 3 firms fined over Maxwell pensions
        92 25 Knight-Ridder LONDON City regulators have announced fines totalling more than £350,000 (*****,000) on Morgan Grenfell Investment Management, Nat West Investment Management and Nikko Capital Management for their handling of the Maxwell group pensions, UK newspapers said yesterday. When newspaper magnate Robert Maxwell died in
        Knight-Ridder  -  92 words
      • Article
        Lock icon Gamuda bonds get A1 rating
        52 25 Reuter KUALA LUMPUR Gamuda Bhd's proposed Ms7s million (5542.9 million) bond issue has been assigned a long-term rating of A 1 by Rating Agency Malaysia Bhd (RAM), Malaysia's debt and bond rating agency. The rating indicates adequate safety in payment of interest and principal, said
        Reuter  -  52 words
      • Article
        Lock icon Express America to buy Pilgrim funds
        39 25 Bloomberg Business News LOS ANGELES Pilgrim Group, the troubled mutual fund company, is selling six of its funds and its name to Express America Holdings Corp for US$2B million (Ss4l million) in cash.
        Bloomberg Business News  -  39 words
      • Article
        Lock icon German rail firm sees higher profits by linking travel card with Visa
        336 25 Bloomberg Business News FRANKFURT Deutsche Bahn AG, the state rail company, said it expects to boost profits within a year by turning its travel discount card into a Visa card in cooperation with Citibank AG, the German unit
        Bloomberg Business News  -  336 words
      • Article
        Thai finance firm debuts on Asian dollar market
        233 25 SINGAPORE Kiatnakin Finance and Securities of Thailand has made its debut on the Asian dollar market, borrowing US$2O million (5529.2 million) through a syndicated loan. It signed the three-year deal with seven banks and financial institutions here yesterday. The loan bears interest
        233 words
      • Article
        Lock icon Stanchart launches HK$1b notes
        57 25 Reuter HONGKONG Standard Chartered Bank in Hongkong has launched a three tranche HKSI billion <SslBB million) mortgaged-backed securities (MBS) through Mortgage Asset Receivables Securitisation Ltd, said book runner Goldman Sachs (Asia) Ltd. The collateral securing the notes consists of 1,775 floatingrate, owner-occupied residential mortgage loans originated
        Reuter  -  57 words
      • Article
        Lock icon China insurance industry in for a shake-up
        477 26 Monopoly undergoing revamp, opening up to foreign competition AFP SHANGHAI China's monopolised insurance industry is undergoing changes including opening up to competition and restructuring to tap its enormous market potential, industry sources said. "Competition is good for the industry. The foreign competitors will
        AFP  -  477 words
      • Article
        Lock icon Barley growers hopping mad over US sale to Beijing
        217 26 Reuter HONGKONG The United States is being attacked yet again as an unfair trader, this time by barley -growing countries angry that it sold subsidised malting barley to China despite a worldwide shortage. "It's political," a source at the Australian Barley
        Reuter  -  217 words
      • Article
        Lock icon IEA ups forecast for third-quarter global oil demand
        270 26 Platt's Oilgram LONDON The International Energy Agency has revised world third quarter demand upwards but also increased its non-Opec supply estimate. The Paris-based agency revised 1994 OECD oil demand up by 100.000 bpd from its November report to 39.7 million bpd and
        Platt's Oilgram  -  270 words
      • Article, Illustration
        Lock icon German court abolishes decades-old coal subsidy
        236 26 NYT FRANKFURT It is called the coal penny, or Kohlepfennig. and for two decades this surcharge on German electricity bills has subsidised the country's unprofitable coal industry. becoming a symbol of German insistence on maintaining costly energy production and mining jobs at consumers' expense.
        NYT  -  236 words
      • Article
        Lock icon Oil bounces back after sharp sell-off
        305 26 ENERGY REPORT Reuter LONDON World oil prices staged a recovery yesterday after traders decided the recent price crash may have been overdone given short-term fundamentals. World benchmark Brent Blend crude for January delivery touched a high of USS 16.34 a barrel, up 28 cents
        Reuter  -  305 words
      • Article
        Lock icon New York
        93 26 AFP NEW YORK The dollar gained ground in early Wall Street trading yesterday, climbing above the 100 yen mark. The ounce of gold was down 40 cents at U*****.70. Minutes after the opening, the dollar was at 1.5780 marks against 1.5675 at Wednesday's close, and at 100.60 yen
        AFP  -  93 words
      • Article
        Lock icon Currency Reports:London
        197 26 Reuter LONDON The dollar perked up amid light buying in the European morning after drifting down to supports at 1.5650 marks and 99.90 yen overnight. Volumes were thin and the recent range up to 1.58 marks would contain any movement. At 0900 GMT.the dollar was at 1.5720/25 marks
        Reuter  -  197 words
      • Article, Illustration
        Untitled
        1593 26 ludt -Hciithuxl indt nik tilahtl anam\t S"pmx\ lop 14 trailing purrner\ Udv \mr IVSf US$/S$ forward rates Noon Dec 8 ss Bid Offer 1-month 1.4658 1 4673 2-month ***** ***** 3-month 1.4629 I 4644 6-month 1.4580 I 4600 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Dec S
        1,593 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen easier at close
        1336 27 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen were easier at the close. Dealers said Eurodollars were range trading with market participants looking to buy on dips. A trader said: "There is really no fresh news. There is some position adjustment ahead of next week's
        Reuter  -  1,336 words
      • Article
        Short covering boosts S'pore rubber
        687 27 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures soured further to end sharply higher yesterday although some nearby RSS3 and TSR2O positions Were off the day's peaks on late selling. Brokers said feverish shortcovering by dealers continued to support the market and there were no signs yet
        687 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Consumption key to coffee recovery
          85 27 LONDON A revival in the coffee market depends more on consumption than on developments in producing countries, according to a recent report. The report noted that the "downward move in the coffee market has been exaggerated", but added that "any real turn round in price...
          85 words
        • Article
          Pakistan firm passes on palm oil tender
          89 27 KUALA LUMPUR The state-run Ghee Corp of Pakistan yesterday passed on offers for Malaysian RBD-palm oil for last-half December shipment, traders said yesterday. Pan Century Edible Oils made the lowest offer at U*****.78 (about 551,115.40) per tonne C&F. Traders said that the corporation
          89 words
        • Article
          Nigeria policy to boost cocoa output
          81 27 LAGOS, Nigeria The Nigerian government's proposed cocoa policy is likely to boost production in 1995-96 to 150,000 tonnes from an estimated 1994-95 crop of 140,000 tonnes. The military government will announce a new policy at the nexi budget offering incentives to farmers who have
          81 words
        • Article
          US steel product imports up 63%
          54 27 WASHINGTON The US imported 21.73 million tonnes of steel mill products from January to September, up 63 per cent from the same nine months of 1993, when 13.35 million arrived. Imports during the first nine months of 1994 already outpace calendar 1993 imports, which
          54 words
    • Article
      COMMODITY PRICES
      1416 27 Rubber Dec 8 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) Buyers Sellers As at 12 noon (S cents/kg) RSS 1 Contract (S cents/kg) ZZ RSS 2 Jan 95 212.25 2I3.25N Close Volume Open inm, M„,h High Ml I.I..C !S* 5 I1S88 111:!! iS Al K
      1,416 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        999 28 +5.8 STOCKS edged slightly higher yesterday, dragged up by a few bargain hunters in otherwise lacklustre trading, brokers said. The key All Ordinaries Index closed up 5.8 points at 1,875.0. The All Industrials Index finished 15.4 higher at 2,719.6, while the All Resources Index fell 1.9 to 1,243.4. Turnover
        999 words
      • Article
        Manila
        537 28 -6.81 Stocks closed marginally lower yesterday in thin trading with institutional investors staying on the sidelines, analysts said. The PSE index slipped 6.81 points to 2,656.36. Turnover was 1.46 billion shares with valued at 968.71 million pesos. Petron Corp was among 53 scrips that stayed flat at 20.50 pesos.
        537 words
      • Article
        Seoul
        460 28 -15.23 Stocks fell heavily yesterday, with blue chips meeting continuous profit-taking interest. The Composite Price Index lost 15.23 points to close at 1,053.7, with 46.6 million shares worth 1.08 trillion won changing hands. But rises overwhelmed falls by 466 to 431. with 95 issues unchanged. Dealers said that as
        460 words
      • Article
        Taipei
        565 28 -2.30 Stocks closed slightly lower yesterday, with constructions suffering the largest drop. The Weighted Price Index fell 2.30 points to 6,775.38. Turnover was 2.053 billion shares worth NT582.06 billion. The market moved in a tight range between 6,765 s and 6,826 points throughout the session. A move by Fu
        565 words
      • Article
        New Zealand
        370 28 -17.07 The key share market barometer, the NZSE-40 Capital Index, closed at another low for more than a year as the bearish tone inspired by high local interest rates prevailed. The index fell 17.07 points to 1,914.22, its lowest close since September 1993. "It's getting pretty repetitive," said
        370 words
      • Article
        Bombay
        111 28 -41.90 Share prices yesterday closed lower on a sluggish day which was the last olthe current account period, brokers said. The BSE 30-share Index lost 41.90 points to 3,936.49 while the broader National Index fell 21.54 to 1.875.09. The BSE has fallen more than 140 points since Tuesday, and
        111 words
    • WORLD STOCK MARKETS
      • Article
        London
        671 28 1.3 STOCKS were mixed as retail issues bore the brunt of concerns that rising interest rates will squeeze already reluctant consumers. The timing of Wednesday's half-point interest rate rise to 6.25 per cent took investors by surprise in the run-up to the peak Christmas trading period. Rising rates are
        671 words
      • Article
        Paris
        156 28 -15.75 French shares ended a dull day lower, but dealers said there were still hopes an end-of year rally would soon take the CAC-40 index back above the 2,000 level. Shares were depressed by the bond market, where there are fears of higher European rates in the wake of
        156 words
      • Article
        Amsterdam
        259 28 -0.80 Dutch stocks closed mixed as gains in publishers' shares were offset by concerns over US and European interest rates. Traders said the market lacked a sense of direction as investors looked to the year-end to close their books. The EOE Index fell 0.80 point to 409.29. The index
        259 words
      • Article
        Frankfurt
        175 28 +2.03 German shares trade sideways at Fractionally higher levels in thin dealings. Dealers said there was no market direction and price gains were mostly technical. The 30-share DAX Index closed up 2.03 points at 2,046.07. Bilfinger Berger shares plunged 5.49 per cent on reported losses related to the Hongkong
        175 words
      • Article
        Stockholm
        152 28 +5.34 Swedish stocks were mixed as news that Kiksbank left interest rates unchanged yesterday was countered by concern about the government's new budget to be released in January. The OMX Index rose 5.34 points to 1,144.17. LM Ericsson and Astra AB led the index higher with most other stocks
        152 words
      • Article
        Brussels
        171 28 -7.09 Belgian stocks declined for a fourth day as a report of higher-than-expected German economic growth made interest rate cuts across Europe look less likely. Germany's gross domestic product rose 1.3 per cent in July to September, compared with expectations of a one per cent rise. After the report,
        171 words
      • Article
        Zurich
        202 28 +5.0 Swiss stocks were mixed as the dollar reached a fourmonth high against the Swiss franc, boosting companies with large US operations. The dollar-led advance offset a fall in hanking shares amid concern about rising European interest rates. The SMI Index of 23 leading stocks closed up 5.0 at
        202 words
      • Article
        Johannesburg
        341 28 -19.5 South African shares struggled for direction yesterday as an initial gold share rally quickly ran out of steam and most shares ended weaker in thin volumes. Dealers said the better start had followed renewed gains for South African ADRs in New York, but gold price strength was needed
        341 words
      • Article
        Toronto
        281 28 -3.89 Stocks dipped further in early activity, pulled down by concern about a weaker Canadian dollar and continuing interest rate jitters. "It's worries about the Canadian dollar and the rate people are scared about interest rates," one dealer said. "There's concern about the interest rate scenario. Then there's concern
        281 words
      • Article
        New York
        688 28 -9.42 The Dow Jones Industrial Average, which retreated 10.43 points on Wednesday, was down 9.42 to 3,726.10 at I lam EST. The key barometer was ahead 6.73 shortly after the market opened. The NYSE Composite Index was ofT 0.60 to 246.25. while Standard Poor's 500-stock Index was down
        688 words
      • Article
        Untitled
        719 28 Britannia Funds Mrrliag ("ash Bid (Mlcr Mim < ap [Irpusal 6400 M6500 Mirn km (nil _.jO.IWJ 0 IW2 Mini Ma> Income 0 *H> 0 4400 I S$ (ash lame PKrs Iund 9 5IOO *****0 PS t Rnerve Fund SJ400 5 J 500 Stnttii t^ity luru PrrformaiKr 0 4592 049)* Far
        719 words
    • Article, Illustration
      Lock icon HONGKONG
      3040 29 Bloomberg Business News HONGKONG Stocks sank to their lowest point this year after Federal Reserve chairman Alan Greenspan signalled that interest rates are heading higher and a major real estate developer slashed the prices at which it is selling apartments. The Hang Seng Index dropped 200.19 points, or 2.4
      Bloomberg Business News; Source: Bridge Info  -  3,040 words
    • Article, Illustration
      Lock icon CHINA
      549 29 CLSA H SHARES tumbled another 3.4 per eent yesterday in tandem with the Hongkong Hang Seng Index's 2.4 per cent fall. All counters lost between one and 9 per cent with the exception of Luoyang Glass (+0.8%) and Yizheng (no change). Kunming Mach lost 8.8 per cent after Wednesday's
      CLSA  -  549 words
    • Article, Illustration
      Lock icon TOKYO
      2561 29 Reuter TOKYO Stocks ended mixed in dull trade yesterday as investors stayed on the sidelines ahead of today's special quotation (SQ) price for settlement of December options and futures. The Nikkei Average was marginally higher, closing 5.81 points higher at 19,180.04. Turnover was 211 million shares. The Topix Index
      Reuter; Source: Bridge Info  -  2,561 words
    • Article, Illustration
      Lock icon BANGKOK
      1642 29 Reuter BANGKOK Slocks closed lower yesterday after parliament voted down two gov-ernment-backed constitutional amendments. The SET Index closed 20.09 points lower at 1.310.26 on 3.97 billion baht turnover. The index leapt on the news that parliament had voted against the two amendments in the middle of the afternoon session
      Reuter; Source: Bridge Info  -  1,642 words
    • Article, Illustration
      Lock icon JAKARTA
      1130 29 Reuter JAKARTA Share prices closed broadly down in dull trade yesterday with the market focusing on newly listed Keramika Indonesia Assosiasi (KIA). Brokers said although KlA's debut was lukewarm it managed to close 50 rupiah higher at 2.800 compared with the IPO price of 2.750 rupiah. Ceramics maker KIA
      Reuter; Source: Bridge Info  -  1,130 words
    • Article
      CLOB INTERNATIONAL
      2427 30 t.r (rf 1494 j»| Val 1)1) L»l l>il« Di» IM» *W >«• >1 < IIinh lani (ompany Sale (DOUl High low B«>ef Seller C'w S P/fc Smil MALAYSIAN STOCKS 39* Inu m AISB Mk 237 cd umh 2*) 23? 232 236 237 >0 -2.9 0 4 20* 107
      2,427 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares hit 13-month low as foreign funds sell
        6741 30 Bloomberg Business News KUALA LUMPUR Stocks yesterday tumbled to their lowest level in 13 months as foreign fund managers tried to sell Malaysian shares out of concern over the country's political stability. The Composite Index fell 26.34 points, or 2.8 per cent,
        Bloomberg Business News; Source: Bridge Info  -  6,741 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8083 31 MAIN BOARD U Gf M V\i IW4 |jy i>| I>m> hsl (>)!»■ I)i» Oi» \M Nfl < High l uo (uwpmt Nik WW) Bmrr Srller S Of N P'l. >«il ,MT INDUSTRIAL AND COMMERCIAL 720* 417.5* mi s Vm>50c 44* -2 68 452 442 446 450 4 7 10 14
        8,083 words
      • Article, Illustration
        Lock icon Shares plummet on fears of renewed US rate hike
        1919 32  -  By R Sivanithy SINGAPORE The already weak local stock market took another severe knock yesterday, as selling pressure continued to drag prices lower for the fourth consecutive day, following renewed fears of rising interest rates in the US. Trading here opened
        Charts by Bridge Info; Source: Bloomberg  -  1,919 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      277 21 NEWS VALUE Regional bourses tumble as further rate hikes loom (pg I) The gloom is really closing in. Lankan bakery shutdown won't hit profit: Prima (pg I) No financial impact on company expected. WBL-Potytek deal finally set to go through (this pg) Both stocks are near their year's lows and
      277 words
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      Page 22 Advertisements Column 1
      189 22 M IT AGAIN, JEREMY. Jeremy's Jazz and Blues Club, now at the International Building. jg»i W^ BBj P v j| <& k ,<• «r^<*y mmmhbbbwhwbmwbwmmiwwmiiHHPßMMH i» ,«■»—1,.!!,.., j^B mSSSm, > r 41 f uib Hlfc jfl Bpm:- A ifl ■aHMMH IB Br- M SSSSSBSBBBBHi l\.i SSSSSS^BSSH 1 t~* it vajl^BP^
      189 words
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      Page 23 Advertisements Column 1
      141 23 IL**^ While opinions vary on how it looks, there are only two words to describe how it feels. IHI^I Scholl Comfort. < ©D Wen- Scholl Men's Classic shoes *3TSSSi. h«*« prevent taction wifft unique IMPLUS heel cushioning. cush,on,n fl ~,^.7 1 »c»f improves The best of a great classic style
      141 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      805 24 IMPORTANT NOTICE 9 Jcmph JACK CHIA-MPH LIMITED (Incorporated in the Republic of Singapore) 9 December 1994 To: All holders of Warrants of Jack Chla-MPH Limited ("JC-MPH") JC-MPH Warrants expire on 8 February 1995. The last day for trading of JC-MPH Warrants on the Stock Exchange of Singapore ("SES") is Tliesday,
      805 words
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      Page 24 Advertisements Column 2
      135 24 Your beard doesn't stand special twin-blade design that come by and finish the job a chance against the Sanyo Twin gently makes cut hairs stand completely. Even if your beard Trace Head electric shaver, taller after the first blade passes, tries to run and hide, the Twin You'll get a
      135 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      128 25 jj We are pleased to announce p fa that with effect from I H 12th December 1994 I I SUN YUAN GROUP 1 jj Sun Yuan Holdings Private Lid p jj Tsang Ong Stockbrokers (Pie) Ud I Tsang Ong Research (Pie) Ltd I fj Tsang Ong Stockbrokers Nominees Pte Ltd
      128 words
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      Page 27 Advertisements Column 1
      608 27 BUSINESS TIMES TOLL-FREE TEL. No. 1-BQO-741-1883 FAX 741-1298 SSANGYONG CEMENT (SINGAPORE) LIMITED LOST SHARE CERTIFICATE Notice is hereby given that the following original certificate has been reported lost, mislaid or destroyed:NAME CERTIFICATE NO, NO. OF SHARES Yap Yian Ho *****513 1X 1,000 Notice is also hereby given that a replacement
      608 words
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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 it Markets. Everyday.
      40 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      29 28 ROY EASTERN WATCH, LUCKY PLAZA, #01-74. #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536. The Milan stock market was closed yesterday.
      29 words
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      Page 29 Advertisements Column 1
      118 29 1 Qwe Jdeu/ Wcu/t Facing hair problems like balding, thinning hair, damaged hair, dandruff and premature grey hair? Don't despair, come to Hay's Formula, we give professional hair treatment with a secret 1' formulation made of 100%, HERBAL PLANT EXTRACTS. Hay's Formula provides all natural and effective solution to your
      118 words
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      Page 31 Advertisements Column 1
      36 31 JfK If only I i the market ,J was as /IS N \oisiifio#> predictable. :ss^ S I jt 4 1 p— JflflK X,,TU,^®W i I 0® TIIF 11, •#>■ 1 GftOtfy, A fet- Finkst Sou Whisky j
      36 words
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      Page 32 Advertisements Column 1
      303 32 IN THE HATTER OF THE COMPANIES ACT, CAP 50 IN THE MATTER OF KING SPICE INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE Of SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290<2Xb)] At an Extraordinary General Meeting of the Company held at 64 Toh Guan Road Singapore 2260 on the
      303 words
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      Page 32 Advertisements Column 2
      309 32 M on 10th Dec 94 Sat I.oopm Sharp (WITHOUT RESERVE) Vittage Artifacts from Central Java ALL MUST BE SOLD A cultural experience from Central Java of approximately 170 lots. Auction of village artifacts including medicine boxes, dressers, hand carved hall mirrors, primitvc furniture, colonial remnants, wedding chests, Javanese wood carvings.
      309 words
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      Page 32 Advertisements Column 3
      305 32 TOLL-FREE TEL. No. 1 -800-741-1883 FAX:74I-1296 IN THE MATTER OF THE COMPANIES ACT. CAP. M AND IN THE MATTER OF HI-SPEED SHIPPING i PTE I LTD I Incorporated in Singapore! lln Members' Voluntary Liquidation! At an Extraordinary General Meeting of members of EULSPEED SHIPPING I PTE) LTDduly convened and held
      305 words
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      Page 32 Advertisements Column 4
      348 32 IN THE MATTER OF THE COMPANIES ACT, CAP.SO IN THE MATTER OF ANINA SEA PEARL PTE. LTD. (In Members' Voluntary Liquidation) NOTICE Of SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2Xb)1 At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Park Mall. Singapore 0923 on
      348 words
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      Page 32 Advertisements Column 5
      304 32 ANWEN (S) PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 268 Orchard Rd *12-04 Yen San Bldg Singapore 0923 on Thursday 1 December 1994, the foSowing Special Resolutions ware duly passed1. That the Company be wound-up voluntarily
      304 words
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      Page 32 Advertisements Column 6
      428 32 IN THE MATTER Of THE COMPANIES ACT (CHAPTER 5* I AND In thr Matter of I.APAZ SALON PTE LTD Ila oiuntars Liquidation i MEMBERS' VOI.I'NTARY WINDING-CP Notice is hereby given thai pursuant to Section JOS of The Companies Act. Cap 50. thai the Einal Meeting ol the members of the
      428 words
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      Page 32 Advertisements Column 7
      75 32 PLUS TECHNOLOGIES PTE LTD (In Voluntary liquidation) NOTICE IS HEIEBY GIVEN pursuant to Section 308(2) of the Companies Act Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at the office of the company at 50 Jalan Sultan. VII-01. Jalan Sultan Centre. Singapore 0719
      75 words
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  • Shipping Times
    • Article
      TWRA to revise currency, fuel surcharges next year
      319 33  -  By Alec Almazan SINGAPORE The Transpacific Westbound Rate Agreement (TWRA) will be adjusting its currency adjustment factor (CAF) for certain key Asian ports because of the depreciation of the US dollar since August. Beginning Jan 1, 1995, the Singapore CAF will be
      319 words
    • Article, Illustration
      Lock icon Cunard takes cautious route to growth
      667 33 Bloomberg Business News NEW YORK Cunard Line expects to expand in the cruise business by taking a more conservative bent than its competitors. While bigger cruise companies, including Carnival Corp and Royal Caribbean Cruises are spending billions building new ships in anticipation of increasing
      Bloomberg Business News  -  667 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1062 33 Page Col ABC Containerline 16 I Able Shpg 7 4/5 Accord Group 8 1-3 Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 5 •ASCL 5 5 Astro
      1,062 words
    • Article
      Lock icon Tenders invited for major Beirut port project
      193 33 AFP BEIRUT The Lebanese government on Wednesday invited companies approved by the European Investment Bank (E1B) to submit tenders for a US$l3O-million (*****.8 million) project to modernise the port of Beirut. The project consists of building quays, jetties, workshops, offices, underground facilities and
      AFP  -  193 words
    • Article, Illustration
      Lock icon Dutch passengers criticise Achille Lauro captain
      372 33 Reuter AMSTERDAM Dutch survivors of the Achille Lauro disaster said on Tuesday the captain had failed to take control and communicate properly with passengers. "The captain did not take control of the situation," passenger Adriaan Goedhart told a news conference after arriving at Amsterdam's
      Reuter  -  372 words
    • Article
      Lock icon MSE completes job for Sarawak Shell
      157 33 Bernama KUALA LUMPUR Malaysian Shipyard and Engineering Sdn Bhd (MSE) has completed a contract for a drilling substructure valued at M 536.6 million (5520.8 million) for Sarawak Shell Bhd (SSB) which was awarded in October last year. MSE on Wednesday said the structure known
      Bernama  -  157 words
    • Article
      Lock icon Danger of Alaskan glacier to ships averted
      499 33 UPI SAN FRANCISCO A massive Alaskan glacier whose fastpaced advance worried scientists appears to have halted just shy of the Pacific Ocean, allaying fears of possible iceberg collisions with oil tankers entering nearby Prince William Sound, a US Geological Survey researcher said on
      UPI  -  499 words
    • Article
      DAILY FREIGHTS
      1312 34 RATES continued to firm in increased activity for Panamaxes with several reports of concluded business emerging, brokers said. The BitTex Freight Index continued to climb and increased by a further 11 points on Wednesday, standing at 1.989. On the key US Gulf to Japan grain route. MSK is
      1,312 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        604 35 V«sH Voy Ho Berth Arrival Departure Veiiet Voy No Berth Arrival Departure lura>!{ Port 10S POM 091? lbOO 1112/1500 Dau ScvuUi j; alanp.de 091? 0600 Eastern Gi 3IE/94 P04 0912/2300 1012/2300 leader 114/IS 0912/2359 Eastern (toby 13 POS 08 12/2200 10 12 0«00 uMM M41 net 9
        604 words
      • Article
        CONTAINER SCHEDULES
        1466 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO gjCCEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rslts Voy No Etb/Btr Period From To From oirfct me 09/1700 w o»/iwo oe/itw 08/1900 gkttus K9A 10/1500 1A 08/1500 08 1659 01/1)00 U IB 08/1500 08/1659 08/1900 U 3
        1,466 words
    • Article
      THE SHIPPING GUIDE
      13081 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 dales of arrival and departure from the Port of Singapore. LEGENO PN: ship calls at Penang after
      13,081 words
    • Article, Illustration
      Lock icon Reducing human error in ship accidents
      1624 45  -  There is an increasing awareness of the human factor in ship safety and the introduction of the International Ship Management Code is a major step in this direction, says Dr Hans Payer, executive board member of Germanischer Lloyd Dr Hans Payer, HUMAN error plays
      Source: Germanischer Lloyd  -  1,624 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Delivery of A330 now back on schedule, says Airbus
        329 52 Reuter BANGKOK Airbus Industrie is back on schedule with its planned delivery this month of Asia's first A 330 aircraft to Thai Airways International pic, Airbus representatives said on Wednesday. THAI saw a four-month delay in starting delivery of eight A33os
        Reuter  -  329 words
      • Article, Illustration
        Lock icon Piper aircraft crashes, killing all aboard
        60 52 AFP NAIROBI, Kenya Kenyans inspecting a wreck of a light aircraft on Tuesday which crashed and caught fire, killing two Japanese journalists and an Egyptian cameraman along with the pilot and co-pilot. The chartered twin-engine Piper Chieftain, on its way to Goma, Zaire, crashed
        AFP  -  60 words
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        Lock icon Brazil's aircraft manufacturer privatised
        324 52 AP SAO PAULO, Brazil Embraer, Latin America's largest aircraft manufacturer and a symbol of Brazil's technological prowess, was privatised on Wednesday at an auction on the Sao Paulo Stock Exchange. The company, which has sold hundreds of its US$2.3 million (553.4 million) Tucano military trainer planes
        AP  -  324 words
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        Lock icon Union criticises merger of Lockheed, Martin Marietta
        434 52 Washington Post WASHINGTON An aerospace workers union has written President Clinton to raise questions about the proposed merger of Martin Marietta Corp and Lockheed Corp, a transaction that both firms have said would lead to layoffs of some employees. The International Association of
        Washington Post  -  434 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1742 52 aty nm ita nm no_ an n*t cu nm n»_ MM DtnM GA976 2355 Fr—ttlt SQ25 0645 SQ326 2220 JUMakta Qf8l 1930 QF82 2050 LH772 !®i® £359 SQ227 2230 M—t» SQ969 1705 SQ990 0125 Amtentom KL837 1540 KL844 0115 tow SRI 83 2140 SQ323 1710 GA970
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        Lock icon FAA eases requirement for Boeing 777 test
        282 52 Reuter SEATTLE The Federal Aviation Administration (FAA) has eased a requirement to let Boeing Co begin a critical test needed to certify its new 777 jet for long, over-water flights, an agency spokeswoman said on Wednesday. FAA spokeswoman Marcia Adams said the agency
        Reuter  -  282 words
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        Lock icon Iberia airline set for asset sell-off to avoid bankruptcy
        401 52 Bloomberg Business News MADRID Iberia, Spain's ailing national airline, will contact several international investment banks this week to begin selling assets in an effort to avert bankruptcy. The implementation of this so-called Plan B means Iberia management is dropping its original
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          Lock icon Myanmar Airways adds new plane
          82 52 AFP YANGON Myanmar's national airline will add more flights to Bangkok and Singapore when it puts a second Boeing 737-400 into service this week, a spokesman said on Wednesday. A fourth weekly flight to Singapore will be added, and flights to Bangkok will be increased
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          Lock icon Pilot suspended for refusing to fly
          93 52 AFP CHICAGO An American Eagle pilot was suspended after he refused to fly a plane similar to one that crashed in October, killing 68 people. Steve Fredrick, who warned in newspaper and television reports that the small ATR turboplanes were dangerous in icy weather,
          AFP  -  93 words
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          Lock icon Piaggio to treble Indian output
          84 52 Bloomberg Business News BOMBAY Piaggio, the Italian automotive company, plans to treble production of motor scooters in India to make the country its largest production base outside Italy, the Economic Times reported. Piaggio will invest 2 billion rupees (Ss93 million) to increase production at its
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          Lock icon Nippondenso, Chrysler in parts deal
          69 52 Bloomberg Business News TOKYO Chrysler Corp of the US has agreed with Japanese auto parts maker Nippondenso Co on parts procurement, the Nihon Keizai newspaper reported. Under the agreement, Chrysler dealers in Japan will be able to procure parts made by Nippondenso to repair cars
          Bloomberg Business News  -  69 words
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          Lock icon Walbro, Daewoo in joint venture
          80 52 Bloomberg Business News AUBURN HILLS, Michigan Walbro Automotive Corp entered a joint-venture agreement with Daewoo Precision Industries Ltd to make fuel systems for the South Korean automotive market. Daewoo will own 51 per cent of the venture, to be called Korea Automotive Fuel Systems Ltd.
          Bloomberg Business News  -  80 words
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        Lock icon Continental Air to ground 15 aircraft, reduce flights
        259 52 Bloomberg Business News HOUSTON Continental Airlines, which has been struggling to remove excess capacity from its schedule, said on Wednesday it would ground 15 aircraft by mid-February and reduce its daily flights. In January, Continental jet and turboprop daily departures will fall
        Bloomberg Business News  -  259 words
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      34 33 (J INTER Container Lashing Equipment M INTERMARINE I Supply Co (Re) Ltd Exclusive Agent /Distributor: UJ Intermari ne Supply Co (Pte) Ltd 1111 No. 7 Bufcit Batok St 22, *****. Ttt: *****88 Fu: *****1
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      27 33 Lines and services represented by Members of the Registry of AuildHid (|Bom]l Shipping Agents, Singapore National \lJ|gpPK/ Shipping Association. For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      54 33 THE FAMOUS S>oH fo KlB&Um ■■MillJl* 224 1833 For more information please refer to Pg. 13 Human factor in ship accidents, Page 13 Deliver) of A 330 back on schedule: Airbus, Back Page HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. BusincssTimes
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      2050 34 IMPORT..*. IMPORT.... I WORTH AMERICA I I OTHER DESTINATIONS I I NORTH AMERICA ~l DSttCT CAU. TO WEST COA»T (»C») I TO PUT COA«T IQIIIH M—C« MWIC« I —AWW CAUPOWWU BWI (C—CT WW WOT COW) I VESSEL VOY STOM LA OAK VCR SEA CM. HOUSTON CMC NY MXKO OTV VESSEL
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      2138 35 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES JAROINE SHIPPING AQENCIEB SON. BHD. wANL 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAVA TEL: 03-7557T76 FAX 03-*****42 CFS 03-*****42 A |kJ I 4 IT'C A I ICTD A I lAKI CAD C LJinniN. l/~ CR NUMBER: **********0 C !1 L;
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      756 36 AOABA ROAM/ lI VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE KAMAKURA 37/148 9/12 27/12 26/12 30/12 KATSURAQI 24/348 10/12 19/12 26/12 28/12 30/12 3/1 THAMES ***** 14/12 31/12 3/1 2/1 ELBE ***** 17/12 26/12 2/J 4/1 7/1 9/1 11/1 KAI 11/150 21/12 7/1
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      572 36 E v N I S pore P. Ketang Loading for V[J CELTIC 25/12 30/12 Rdm/Atw/UK/Nantes H si I E •Loads E./W. Malaysia. Indonesia I Loading for Si ENERGETIC Dubai/Bahrain/Damman/Kuwait I A SEA VENUS Hode«3ah/Jeddah/Aqaba H •Loads Singapore. E./W. Malaysia. Indonesia I Loading for DONA V Los Angeles/New Orleans/ I P
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      1160 36 NORASIA 29/12 29/12 21/12 n/U 29/12 31/12 I 10/12 n n 04/01 05/01 03/01 04/01 02/01 03/01 03/01 04/01 I 55?! 15/12 03/01 06/01 07/01 07/01 04/01 09/01 10/01 12/01 11/01 I Vl /X 2 10/01 13/01 14/01 14/01 15/01 18/01 17/01 19/01 l# 01 I 17/01 20/01 21/01 21/01
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      1938 37 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax; *****17 liMUMI new guinea pacific line BUMAOfIUSBMiSMiIfIBIAtfUMiUMUAUMaH &V<E>s (A SERVICE OF CHINA NAVIGATION CO) CARGO DUt SAILS STRAUS VENTURE V3OE Muaia, Lab 09-10 Dec 12 Dec 13 Dec FCL- LCL CONTAINER AND BREAKBULK SERVICE
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      2165 37 w. TfcO Singapore Agent: A f P&O Containers (Singapore Agencies) Pte Ltd 10 Hue Chiang Road. #(P-01 kcppcl lowers. Singapore 0208 First Class Connections WORLDWIDE i*!^ 4 |,MK S|, K s 5 7/; 7517 EXPORT IMPORT VESSEL VOY "PUG *PKQ SIN SOU ANT HOT HAM GOT ME LEH VESSEL VOV
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      299 37 (1£ FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 12/12 ROTTERDAM 12/12 AARHUS/COPENHAGEN 12/12 HAMBURG/BREMEN 13/12 MARSEILLE/FRANCE 13/12 FELIXSTOWE/UK 12/12 BARCELONA/SPAIN 16/12 LEHAVRE/FRANCE 13/12 GENOA/ITALY 10/12 ANTWERP/BELGIUM 12/12 LOS ANGELES/WC/IPI 10/12 SYDNEY/MELBOURNE 10/12 NEW YORK/EC 10/12 FREMANTLE/ADELAIDE 15/12 VANCOUVER 14/12 BRISBANE 10/12 TORONTO/MONTREAL
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      531 38 cfo JOINT VENTURE Vay SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA OASA S£PUUH vor 2NB 05 OEC SHANGHAI GREEN ERA VOY 3NB 28 OEC QWGOAO DASA SEPIHUH VOY 3NB 12 lAN XINGANG INDUCEMENT CALL PKELANG INDUCEMENT CALL HK. P GUDANG. BELAWAN. TG MANI XIAMEN. ZHANGJIGANG fir UTAMA HARTA WEEKLY FULL
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      1258 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FMVSI ISM IIME HAU Sl* SM IIMI HAUL %M 1M NYC MNJM ELIZAKIH 01« 10 12DWCT »/12 30/12 HAMM SSL'!? SSJSI2L !M 3^l MANI* OAKIAND o?tt 16 12 WKCI 5/1 V\ »7 u 1?/! 2/ HANHN
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      1442 38 I-I -1 rl ■I d Im scp use we uc pus «i oa n w no iu cms w htc lhv wm km nv hk no eta m sgp i simia iu ul2 11/12 u/12 20-12 22/12 20/12 25,1227/1221/1220/12 */u ii/t 211 »/i 27/1 0/2 7/2 1/2 1/2 10/2 21/2
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      2864 39 EXPRESS TO FELIXSTOWE, ROTTERDAM MM) HJUNBUR6 > Cwnl AgSmia: T*t (G»»or*i): *****00 Ssl—/Booking: 5*T7 °*VL m».jimMl Oooratku■ CnililMr »o«7M costwshipping WEiro SSfiBStSSKP JSrar* uttssz."'" stussL"^" srs?,/r,-*~" 05 OlOf GST NO: M 2 *****05 X COSTA* AGENCIES fMJ SDN BHD. TH: Q7-3S3Bl««/iS7 Fax: 07-*****70 T»: Is. bit tRRrt Tc Hoodm/CMm ftf:
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      1178 39 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHI PIN lON SIN KG MO TAI KFf YOR I IRY I NAG *06 OS* MO) BUS WAN HAI 703 No6i 06 I? 01'12 09 12 10 10 1? IS/1? 17/12 70/12 21/1? ?8/l?| 29/1? man hu 711 no/« ilTi? i?/7? iTT? is i6/i? 20/1?
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      1287 40 HI ITti tflMilttfril l l aM w —1 SH^®^HFPI!^WKB p 1 BHUM 2? Fri In PI Wad 14/12 SIR| BHOM «97 Sat 10/12 Mon 12/12 ■I VESSEL VOY SIN BKK j BHATRA BHUM S?S Sal 10/12 Tuo 13/12 THANA BHUM WW Tuo 13/12 Thu IS/12 B| NANTA BHUM 223N Sat
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      1169 40 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********^ 6TRAITB SHUTTU MBVICB PORT KLANG PENANG l__ VESSEL I VOY SIN PKL VESSEL VQV SW PER j SKNTOW 9«002K 09/12 11/12 (SOW) MCC COWVtYOR 4001 09/12 (FIB) 11/12 (Sll| S£A LAURU 343N 11/1? (SUN) 12/12 (MOW) «XJR WYA
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      984 41 mee/BTCHTn^ ■Slyesbel bkk sin vessel voy sin jkt sin J KOTA BABAS *****5 11/12 14/12 18/12 KOTA INOAH 1DH047 11/12 14/12 18/12 S" K. BUANA (BMT) BNAOS7 11/12 15/12 18/12 KOTA INTAN INTO3I 14/12 17/12 21/12 SftIMANEE (THAI FLAG) SRMOS7 13/12 18/12 18/12 KOTA RAKYAT (UTC2) RKYO4B 18/12 18/12 23/12
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      945 41 msstis wt sm u havw hambkg thmes kottuoam awiwirp Vt.lt P «QUI» AM* 12/12 04/01 05/01 07/01 0»/0l »»/<» WiU P'WYOM NUN 20/12 H/01 13/01 15/01 l«/ 01 Ml Wilt DC ITM mm 27/12 11/oi 20/01 22/01 24/01 WILE K Wl* VO6W 05/01 25/01 27/01 »/01 30/01 31/01 l_ H
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      580 41 BSfl M MYANMA lUM FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdj l»A AN V2O6W 15/17 Oec PAGAN V2ISW M POUT AVA VI3IW 10/12 Ok 13/16 Dec MALAYSIA AGENTS BOUSTEAO SMPfMG AGUOES KU. TtL 02 03-*****00 PKL: TEL 02 03-*****67 PEN: TIL 02 04
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      1835 44 jq EUROPE FROM EUROPE TUvu [m rtw moticr vsl 1 store leu btm nam brh mT~ m ml stobl mt I nanl w |»«iTWT~w» Kit Tmm BSE'DBM 4193 *693 03 12 03 12 ND OCIAHA 2434 06.12 24.12 2512 26 12 2112 2912 NOBMAMRE 1464 *912 I*l2 14.12 1712 1912
      1,835 words
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      515 44 CONTAINER LINES, INC MAC-NELB SPORE: *****22 (24 LINES) V-Dw >—'cm »m UIMIIII.I SJBU (084) *****9 KUCHINQ (062) *****3 PENAfJG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KSLANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 9/12 10/12 11/12
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      117 45 TITIMAS SHIPPING U TRADING SDN. BHD. KELANO (03)*****55 (H/Uim) Fax: 03-*****63 The MA ***** TKITA |«gai WT r. mat WIT«OOTHnat gSUCNt lW U/12/M MMM/IJMMHII mm im uturn mmmnm (aaa w») gjg H/M IVU/* BMW Iwnwf I l/vl IVU/X mibmun/TMMM/uhicMill 0J PINESEAS MARITIME PTE LTD wssa voy sran mis kku m
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      98 45 <ft> SCHINDON SHIPPING PTE LTD 2 HAVELOCK ROAD, #06-08 APOLLO CENTRE, SIN 0106 TEL: *****20 (6 Li km) FAX: *****36 TLX: RS ***** SCMN CR NO: KM4I6OOOOON BOOKING: LUI/JEMIE »■-—ti—'iumit t<i mrriMinur mm* cowvuitmwl sum to/hi cutow WOKS* AGENT: F.T. TWOM UOID, JMMU TEL: (21) (*****6/0677)1 CTF: DIOM/UMUS FM: (21)
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      264 45 II VESSEL VOYSIN MAA SIN I I TIGER CAPE 01 IN 06-10/12 15-22/12 27-28/12 1 I CAPE HERMES 202N 09 10/12 15 22/12 I I TIGER BRIDGE 31 IN 11-12/12 17 24/12 29-30/12 I TIGER BAY 124N 13-14/12 19-26/12 31-01/01 I TIGER SPEED 312N 17 18/12 23-29/12 03-04/01 II VESSEL
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      361 45 ftSSI «0») KT N MB HC BM TVISDU Ml* 14/12 11/11 17/U M/U UKK HMO WIM 19/12 10/12 22/12 IVI2 02/01 (VII HltDI MIX 24/12 17/11 21/12 M/tl 12.11 HIM Wl« 01/01 00/01 00/01 10/01 18/01 mm nam tsr *c or m MOM iuc'W run u/12 11/12 22/12 2V12 am
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      388 45 g^^^cmidussssn^ TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Line#) CR NO.: **********0E V»M»I Voy ETA Loading Mr Abbay Worn 42W8 IS/02 Mombaaa. Dpbouti Amt. Maaaawa Abbay Wonz 43W8 28/03 Mombasa. Djibouti Aaaab. Ma&sawa I FULLY CONTAINERISED REGULAR LINES SERVICE ACCEPTING BOTH ECL/LCL AlflO BQ/80C Vwml »ay
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      75 46 K3IEBB SINGAPORE U.S.A YEAR END LOADER VESSEL MAERSK ALGECIRAS V. 9502 DEPARTING SINGAPORE 31ST DECEMBER 1994 CY CLOSING 30TH DECEMBER 1994 2200 HOURS FOR BOOKINGS PLEASE CALL— 228 6611 JENNIFER SIM KAREN CHOO NOORLELA MD ASBAT VERONICA HENG Sea K Land SINGAPORE TO USA Y ear end LOADER MAERSK ALGECIRAS
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      640 46 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Ima AU, Ashkhabad, Baku, Outhan- I be. Irkutak, Khabarovsk, Krasnoyarsk, Korsakov, Moscow. Sochi H Novosobirsk. Tashkent. Tbilisi, Vladivostok. Vos'ochny. etc. H N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN
      640 words
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      1073 46 -n- SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 Tel: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA iIJJJ;kJJW 5 SLGS/WEEK HII:MJA7I 3 SLGS/WEEK VESSEL VOY SIN JAK VESSEL VQV SIN SUR "I PANCARAN SINAR 934 IN PORT 08/12
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      652 47 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCIPTHG BREAKBUU SOC CAKGOtS TO/FROM KOK. YOKOHAMA NAGOYA. MOI. TOKYO*. MAMLA* DAVAO* Penanj* P. Ketanj Sitjiport E'Msia* KARABCVERETT V2OE 28/28 Dot KAMALEVERETT V24E 13/14 lan KARABCVERETT V2IE 21/22 Fob ACCEPT!* BREAKBU.X FCL SOC CMGOES TO/FWM CHTTAGONG. CAICUTTA MO MONGLA* S«i(ipore P. Kdanf* Penanj*
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      218 47 Pt GLORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 4/12 11/12 13/12 15/12 GLORY SELATAN VIII 10/12 17/12 18/12 SP KOMPONG SOM GLORY SELATAN VIII 14/12 18/12 SINGAPORE ASEAN TO
      218 words
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      557 47 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE ~KAMCHI SAOGOOHA 149 HW It/12 24/12 MAKMR 153 HW 23/12 07/01 ISLAMABAD 12» HW W/01 14/01 801 AW 144HW 09/01 18/01 wi mi c*i suif raiis sacct to mucacNT FAR EAST CONTAINER SERVICE ONLY —j "voT SIN HKG BSH OsT"
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      684 47 iiMiwaiiiyjiiWAi FULL CONTAINER SERVICE FROM SIN TO MADRAS VCSSCL/VOY ETA SIN ETA MAA MV PtSTOVO Vo€ 06-08/12 12-13/12 MV SEA DRAGON V DRGO3S 09-10/12 14 15/12 MV PRAVDINSK V.IO 13 14/12 19-20/12 MV BUNGA TERATAI V TERO23 15 16/12 21-22/12 MV PCSTOVO V.07 23-24/12 28-29/12 MV SEA DRAGON V DRGO37
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      276 47 SIN FAR EAST 12/12 KEELUNG/KAOHSIUNG 11/12 BANGKOK 11/12 MANILA/CEBU 11/12 JAKARTA/BELAWAN/SURABAYA 12/12 PORT KELANG/PENANG/E. MALAYSIA 11/12 BUSAN 11/12 TOKYO/YOKO/KOBE/NGO/OSA 12/12 HONG KONG SjN CHINA (*GB*±«fen) 12/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SIN EUROPE/UK 11/12 LDN/FLX/LVP/SOU 11/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 11/12 LOS
      276 words
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      1090 48 FIXED jgr L WEEKLY I SAILINGS I DDtCDAIJC I I ||Tel: 261-3595 jjj j Jfa»^6l-0978.., MELBOURNE ii! (7) GP SHIPPING PTE LTD I 1 Call: Kenny/Mas/Peter TTTfTTTTTInrTm u LL_ L u hi 11 l miniimnjiLuiiimmnimiii uiiiniiiii iii imi i inn ihi iimiiii m f J I (IWiiiiWlli ftr^^^-'^'rfniWnTi'rtWrfiVi'n'riiirfriifilll If ti'
      1,090 words
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      498 48 y Conrerm 'W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 16 DECEMBER (Accepting lo all New Zealand porta) PENANG 16 DEC JAKARTA 11 DEC PORT KLANG 15 DEC MANILA Tl DEC HO CHI MINH 11 DEC SURABAYA 9 DEC MELBOURNE 23 DEC SYDNEY 23 DEC BRISBANE 30 DEC FREMANTLE 15 DEC
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      981 48 consolidation to LIMASSOL nc d ACCEPTING LCL CARGO AT ™S LV ISO 9(H)2 B\ I RQ V ATTRACIIVE RATES Transhipment available to Beirut, Lattakia via Limassol Call Te at DID: 770 5011 \K for bookings NOW!!! Tel: INTERNATIONAL SEA FREIGHT A Sinuapori 77X 6>22 *****38/*****36 forwarding gm 11 Also has
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      1256 49 |SEAMA^IRGENTIN/UlNOf®r| CONTAINERISED "HUB" SERVICE DIRECT TO ARGENTINA/BRAZIL URUGUAY V VISML VOY UN P. ARfNAJ UWUAU M j IHT I M» BIRGIT NABER 003E 18/12 22/01 24/01 30/01 I 01/02 I 05/02 I 25/02 FRANCISCA SCHULTE 003E 21/01 25/02 27/02 05/03 I 07/03 I 09/03 I 03/04 FUORA V 007E 08/02
      1,256 words
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      398 49 rffts CEYLON SHIPPING CORPN (S|g) National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS wt I 1 tso 1 ta I ww I tw I I "it i ICT»SU HHMUK M4l 3 10,1? 14 1? VI 7/1 1/1 wa>m« HOWCHOWC M 47 16/12 H/12 7/1 1/1
      398 words
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      Page 49 Advertisements Column 3
      740 49 II II 'OOCL HOPE 35HP ETA SGP 10/12/94 II II Bft ETA RDM 26/12/94, FLX 27/12/94, II II BRE 29/12/94, LEH 31/12/94 II EXPORT CANADA VESSEL SCR LOS OAK I VAN StT ATL CC6 NOU MPH HJ TOR WON CALIFORNIA SATURN 70E t4/12 31/12 03/01 104/01 06/01 06/01 04/01 04/01
      740 words
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      Page 50 Advertisements Column 1
      1548 50 AMERICAN PRESIDENT LINES, LTD. 19 HEPPtI ROAO *02-01 JIT POH Bill DING SiNGAPOWt 0208 TEL 225 9966 Far 221 4922 ALSO OFFERING SERVICE TO/FROM •PRC *CIS 'VIETNAM *EAST RUSSIA •CARIBBEAN LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED BERVICE kssu icua ptw~l
      1,548 words
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      Page 50 Advertisements Column 2
      1428 50 vtf AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CD NO 1244J*****0M/GST REG NO: M 2-*****99-6) M TEL *****77 TELEX KAWAKI R*****5 FAX *****16/7/8/9 I W T f• MALAYSIA LINE MARITIME (MALAYSIA) SON BHD U I ■■V TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 INDONESIA P.T. SARANA
      1,428 words
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  • Page 51 Advertisements
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      Page 51 Advertisements Column 1
      400 51 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [pNA |~PKE PGD VESSELS VOY S* RTM ANT LEH HAM BREJ Ftt "07/12 09/12 io/Ii SEA PROGRESS 3MW 12/12 30/12 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
      400 words
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      Page 51 Advertisements Column 2
      410 51 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I ROKO CARRE R I SPECIALIZE IN HEAVY LET CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS ttssa *or_ n 10AUNG FOR TRANSAUTO 77 11/U 12/12 lAXMTA 11/12. KUCHMG 19/12. EASTERN RUBY 11 9/12 11/12 ORANGE MOON 50 U/12 BANGKOK 10/12 cosoac leader a
      410 words
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      Page 51 Advertisements Column 3
      607 51 JEDDAH/UK/CONTINENT [STORE lID S'TON HBUR6 RDAM UH •«w Acccptaf Carp f. RATSUUGI 24/341 10/12 19/12 21/12 30/12 3/1 Southampton :toaO UK dntiiatigß. Bdtat aid kOfe I HAMS 20/149 14/12 31/12 3/1 5/1 RoMwdam :to aO Antwrp, Arotcrdanv Otto. HcMu ELK 29/349 17/12 20/12 4/1 7/1 9/1 U/l SouOunpton :toal UK
      607 words
  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      310 51 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 M 1.0 1.6 2.0 2.4 2.5 2.4 2.2 1.8 1.4 1.3 1.2 1.4 1.7 2.1 2.6 28 28 2.5 2.2
      310 words
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