The Business Times, 23 December 1994

Total Pages: 46
1 46 The Business Times
  • 13 1 Business Times MITA(P) 194/12/94 Friday December 23 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • 65 1 Reuter NEW YORK Blue chip stocks rose yesterday, extending their traditional year-end rally. The Dow Jones industrial average was up 13.46 points at 3,815.26 at 1 pm EST after soaring 34 points on Wednesday. In the broader market, declining issues edged out advances by a small
      Reuter  -  65 words
    • 35 1 Reuter BRUSSELS The European Union yesterday agreed to a deal on fishing rights over British objections, removing the last barrier to Austria, Finland and Sweden joining the bloc on Jan 1. Reuter
      Reuter  -  35 words
  • 166 1 Stock market indices Thursday Change STII 2,219.59 +2.11 KLSE Comp 994.34 12.17 Nikkei 19,633.53 +292.86 Hang Seng 8,412.66 +81.10 SET Index 1,364.3 -0.98 Jakarta Cbmp 469.29 +2.88 CLSA China B 911.89 +5.51 Ausl All Ord 1,908.2 +2.7 FTSE 100 3,091.7 +21.3 Thursday Previous lpm EST close Dow Jones
    166 words
  • 525 1  -  By Claire Leow SINGAPORE The electronics industry would post 24 per cent growth in output to $49.4 billion for the year, with nine of the top 10 subsectors performing strongly, the Economic Development Board said yesterday. Only the telecommunications sub-sector
    525 words
  • 410 1  -  By A J Leow SINGAPORE The International Factors Building has fetched a record price for a commercial property in the Central Business District. The building, owned by Ecics Property, was sold yesterday for $96 million or a record $1,886 per sq ft
    410 words
  • 583 1 AP. Reuter NEW YORK It was the best holiday show north of Radio City. Inside the Plaza Hotel, Donald Trump was screaming about a report that the Sultan of Brunei was going to take over the place, and vowing to
    AP.; Reuter  -  583 words
  • 478 1  -  From Anthony Rowley in TOKYO JAPAN'S four main securities houses will begin a concerted drive next week to lure Chinese companies to list on the Tokyo Stock Exchange with a series of seminars in various Chinese cities. Nomura, biggest of
    478 words
  • 136 1 AFP TOKYO Two US companies, Hewlett-Packard Co and US West lnc, applied yesterday to be delisted from the Tokyo Stock Exchange effective March 31, the final day of the 1993-94 fiscal year. The high-tech enterprise and the regional telephone company said depressed market
    AFP  -  136 words
  • 239 1 SINGAPORE The region's stock markets finished mainly higher yesterday, following a solid overnight performance on Wall Street. In Singapore, the Straits Times Industrials Index added 24 points within the first hour of trading, in response to the Dow Jones Industrial Average's 34.65-point jump
    Source: Bridge Info  -  239 words
  • Page 1 Advertisements
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    • 7 1 Advertising: Pg 10 Mars reviews Saatchi's role
      7 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 293 2  -  By Paul Leo THE total assets of the Asian Dollar Market reached a record U*****.94 billion (***** billion) at the end of October, up 12.5 per cent year on year. Interbank lending grew 12.8 per cent to U*****.42 billion, representing 55.9 per cent of the
        Source: MAS  -  293 words
    • 300 2  -  By Corinne Kerk EASTERN and Oriental Express train service has registered a turnover of just over US$lO million (5514.6 million) in its first year of operation. The train, which links Singapore, Kuala Lumpur and Bangkok, carried more than 11,000 passengers to register 80
      300 words
    • 230 2  -  By Harish Mehta STATE-OWNED domestic carrier Vietnam Air Service Company will start regular flights between the Vietnamese coastal town of Vung Tao and Singapore this month. The flights come soon after the start of a twice-weekly service between Singapore and
      230 words
  • Page 2 Advertisements
    • 140 2 Epson Makes Business A Pleasure. EPSON f*< bJ I ,;-'AfA Mp I ■-<* I HM wimfflsK DBS Fa<^^^R^W^MJHßß>untries Venturing overseas? Finance Scheme, your "cash-for-Would you like instant cosh for your jn™e" financing could be for as ji. i little as 3.5% p.a.. invoices and let someone else assume r the
      140 words
    • 96 2 Whether you are travelling or doing business in CAMBODIA, Phnom Pehn. will bring you the latest News from Home. /It sr Boulevard SM ft S^kM,S«Ctak i fe- to 5\ amboma f Hold Sofiid Canbodußa Pbwm Pehn, Cambodu Td: *****88 I My hubby can 1 A walk into -ttiese I O
      96 words
    • 8 2 Cambodia orders shutdown of Thai-owned airline, Pg 16
      8 words

  • SOUTH-EAST ASIA
    • 499 3 Reuter JAKARTA Indonesia, riding a wave of foreign investor eonfidence, said yesterday it was seeking deals next year to rival foreign investment approvals that reached U5523.7 billion (5534.7 billion) for the year to Dec 15. Investment Minister Sanyoto Sastrowardoyo said there was
      Reuter  -  499 words
    • 478 3  -  From Loh Hui Yin in BANGKOK THAI Airways yesterday appointed its first chairman from the private sector, businessman Amaret Sila-on, a former commerce minister in the Anand government. Mr Amaret, who owns the popular S&P chain of restaurants and bakeries, has also worked
      478 words
    • 399 3 Reuter JAKARTA Indonesia's high-profile Bapindo trials, which brought jail terms for all six suspects, have helped set the country's debt-ridden banking system on the path to recovery, foreign bankers said yesterday. Making special reference to Indonesia's giant state banks, they
      Reuter  -  399 words
    • NOTE BOOK
      • 57 3 AP KUALA LUMPUR An electric train service, designed to help ease Kuala Lumpur's growing traffic problems, is on track to begin hauling passengers in July next year. Transport Minister Ling Liong Sik said yesterday. The power has been turned on and drivers soon will
        AP  -  57 words
      • 58 3 Reuter MANILA A group of Filipino street urchins waving at trucks and vans yesterday as they directed Manila traffic which got snarled after strong winds by Typhoon Axel caused the entire power grid on the main Philippine island of Luzon to trip and shut down. The
        Reuter  -  58 words
      • 67 3 Knight-Ridder SINGAPORE The Thai Finance Ministry will seek cabinet approval on I uesday for a new tariff package aimed at cutting protection for Thai manufacturers. The Nation newspaper said yesterday The scheme will reduce import taxes on various goods, such as raw materials and capital
        Knight-Ridder  -  67 words
      • 41 3 AFP MANILA The Philippines' gross international reserves at the end of November dipped to US$7 billion (5510.2 billion), a 2.8 per cent fall from the previous month's figure. Central Bank data released here yesterday showed. AFP
        AFP  -  41 words
    • 317 3 SINGAPORE A Manila court has ordered the government to stop prosecuting Filipino tobacco magnate Lucio Tan for tax evasion. The Manila Court of Appeals has upheld a decision by a regional trial court, which said the government should cease prosecuting the prominent
      317 words
  • Page 3 Advertisements
    • 51 3 I Season s greetings to ail our friends, customers and business associates from the Caltex Group of Companies in Singapore. *''i -Jm 'Wki&'k .0* 'S '?*<-' 'V l i» vj Vs iv iid* y d£ > r L 1 1 1 i 1 1 If I -.cv- J ,f I
      51 words

  • CHINA/HONGKONG/TAIWAN
    • 409 4 Reuter TAIPEI Taiwan officials yesterday urged Gatt not to be swayed by China's political agenda when considering Taiwan's entry into the traders' club. Trade officials here said it was not fair that Taiwan, which has made or promised many
      Reuter  -  409 words
    • CHINA WATCH
      • 75 4 AFP HONGKONG Two associated trading firms and a director of one of the companies were fined HKSI million (SS 190,000) yesterday for applying false descriptions to the origin of textile goods made in China. Smark Sino Ltd, Sino Source Investments Ltd, and Singaporean businesswoman Gan Bee
        AFP  -  75 words
      • 73 4 AFP BEIJING China has signed a USS3I2 million (***** million) package to import power equipment from two energy companies in the US, said a China Daily report on Wednesday. The deal struck by the China National Machinery Import and Export Corp involves the purchase
        AFP  -  73 words
      • 68 4 AFP SHANGHAI China will have to maintain its austerity programme for at least two to three more quarters to control inflation, a Merrill Lynch report said yesterday. "The rebound of money supply and domestic demand growth in the third quarter of 1994 implies that austerity
        AFP  -  68 words
      • 69 4 Reuter TAIPEI Hundreds of taxi drivers used gas canisters as flame throwers and hurled petrol bombs in central Taipei yesterday in a riot sparked by the fatal stabbing of a colleague. State television showed a crowd of drivers beating riot police with clubs and using
        Reuter  -  69 words
    • 249 4  -  By Schutz Lee SINGAPORE A holding company has been formed in Beijing to take over the management of 40 state-owned enterprises engaged in foreign trade, from the city government. The Beijing Foreign Economic and Trade Holding Corp Ltd. the first of
      249 words
    • 308 4 AP HONGKONG A Hongkong property company that wants to build on the site of a McDonald's restaurant in Beijing denied yesterday it has stopped work on the project or that the project lacks approval. Cheung Kong (Holdings) Ltd. the flagship of Hongkong billionaire
      AP; Reuter  -  308 words
    • 203 4 Reuter BEIJING Chinese leaders submitted to parliament on Wednesday a revised draft law that requires new banks to have minimum capital of one billion yuan (SSI72 million) and bans them from securities trading, the Xinhua news agency said. The
      Reuter  -  203 words
  • Page 4 Advertisements
    • 135 4 The Carlton, Rhere Are Over 30 1 PSweet, Sour, Spicy, 1 Crispy, Crunchy j ■Ways To Greet The j X| S/artiny 26tii t/tis mont/i, t/iere'// Se a delicious festive buff et everyday ('artton. L asttny tiff ecu ~t)ear' J Day, tfiis sumptuous spread wiff satisfy your appetite. Jt yoes easy
      135 words
    • 1 4 ModelMichaelFlinnrunninglateforwork.
      1 words

  • REST OF ASIA
    • 530 5 Agreement on greater access to Tokyo's financial sector likely before year-end deadline Reuter TOKYO The chances of clinching a US-Japan agreement on greater access to Tokyo's financial services sector before a year-end deadline have brightened, sources familiar with the talks said here yesterday. "They
      Reuter  -  530 words
    • 363 5 AFP SYDNEY Australian bankrupt Alan Bond, a former tycoon and national hero, was ordered yesterday to allow his bankruptcy trustee access to certain documents and to information about various telephone calls. The Federal Court here gave trustee Robert Ramsay, who is
      AFP  -  363 words
    • ASIA NOTES
      • 56 5 Reuter PANMUNJOM North Korean soldiers handing over the coffin bearing the remains of Chief Warrant Officer David Hilemon to members of the United Nations honour guard at the Panmunjon truce village yesterday. Hilemon was killed when his US Army OH-58 helicopter was shot down after
        Reuter  -  56 words
      • 61 5 AFP SEOUL North Korea has offered to open its territory to international air services. South Korean monitors said yesterday. South Korea's official Naewoe Press quoted Radio Pyongyang as saying that the offer came on Dec 8 during a trip by a senior North Korean aviation
        AFP  -  61 words
      • 58 5 AFP WASHINGTON India signed a series of agreements on Wednesday with US companies worth some US$l billion (551.46 billion) on cooperation in the development of renewable energy resources, the Indian embassy said. The agreements call for cooperation on solar energy, wind power, biomass-to-energy conversion
        AFP  -  58 words
      • 110 5 AFP TOKYO Global direct investment outflows grew 14 per cent to US$l95 billion (*****.3 billion) last year, the first rise in three years, led by the US and Britain, the Japan External Trade Organisation (Jetro) said yesterday. Jetro's annual white paper on investment showed German
        AFP  -  110 words
    • 203 5  -  From Anthony Rowley in TOKYO JAPAN'S Overseas Economic Cooperation Fund (OECF) is to take a stake in the US$2 billion (552.92 billion) Hub River thermal power project being built in Pakistan, which will be the country'§ first power generation project in the private sector.
      203 words
    • 237 5 AFP NEW DELHI The Indian parliament was adjourned amidst new uproar yesterday after opposition deputies seized the floor to demand the sacking of ministers linked to corruption scandals. Both houses were adjourned within minutes as angry opposition members began shouting slogans against the
      AFP  -  237 words
  • Page 5 Advertisements
    • 43 5 W' Mi MM ~X//i£Jb AUJ %AJL> 6Lj&Mt<rr7L hr& oM /*.ltdjtJl CL, sb/saJL- tdy- And tjuAJis /t*nZJi \f dLs&f' Msjjl> a/j~>d<fC£ /?t d-bt&As V?Cc4s. Every Heineken Has Its Moment. J First brewed in Holland in IH~ V Now the world's No. 1 imported beer
      43 words

  • THE WORLD
    • 322 6 The Washington Post WASHINGTON President Clinton on Wednesday designated the nation's first "empowerment /ones", making six urban and three rural communities eligible for millions of dollars in grants and tax breaks to stimulate economic activity in depressed areas. The urban winners
      The Washington Post; Reuter  -  322 words
    • 458 6 AFP PARIS A lew dates in 1994 may go down into economic history as important landmarks. but economists say they saw few, if any, concrete advances towards radical changes in the world economic order reflecting new geopolitical realities. Five years
      AFP  -  458 words
    • 339 6 Bloomberg Business News NEW YORK The United States economy will complete its fourth year of expansion in the first quarter of 1995 before slowing down late next year, according to 32 economists surveyed by Bloomberg Business News. The Federal Reserve's six interest
      Bloomberg Business News  -  339 words
    • WORLD WATCH
      • 66 8 AFP BRUSSELS The European Union adopted the trade-liberal-isation agreements under the so-called Uruguay Round of Gatt talks here yesterday, diplomats said. The adoption, which had been signed by contracting parties to the General Agreement on Tariffs and Trade in Morocco in April, were officially approved without
        AFP  -  66 words
      • 60 8 Reuter PARIS Paris police said on Wednesday they smashed a network selling pirated computer games on a large scale, detaining 37 people and seizing 30.000 diskettes. A police spokesman said the self-trained computer wizards made sophisticated copying equipment and could crack the protection systems
        Reuter  -  60 words
      • 105 8 AP WASHINGTON The knife-wielding homeless man shot by police in front of the White House has died after undergoing two lengthy operations and remaining in critical condition for 36 hours. Marcelino Corniel, 33, died from cardiac arrest in the intensive care unit at George Washington
        AP  -  105 words
      • 66 8 FT STOCKHOLM Preparations for what is potentially Finland's largest privatisation have taken a step forward with a proposal by Neste. the oil and petrochemieals group, to issue up to 18 million new shares, or 20 per eent in the eompany, during 1995. The government,
        FT  -  66 words
    • 232 8 AFP LONDON The British economy grew at a rate of 4.1 per cent in the third quarter and the quarterly balance of payments on current account showed the first surplus for seven years, official figures showed yesterday. Gross domestic product (GDP) grew by
      AFP  -  232 words
    • 401 8 FT LONDON Britain is withdrawing from part of the Organisation for Economic Cooperation and Development's research programme as a signal of its growing unease with the organisation's overspending. The decision to withdraw from the OECD's Development Centre was communicated to
      FT  -  401 words
    • 285 8 FT FRANKFURT The crisis over management and regulation in Germany's telecommunications sector sharpened yesterday with the sacking of the chief architect of the government's liberalisation programme. Peter Bross, the top postal ministry official responsible for strategy, tariffs and regulatory matters, was forced into
      FT  -  285 words
    • 279 8 Reuter NEW YORK A man severely burned in a firebomb blast aboard a New York City subway train was charged yesterday with 45 counts of attempted murder, a Transit Police spokesman said. Edward Leary, 49, an unemployed computer operator, is likely
      Reuter  -  279 words
  • Page 6 Advertisements
    • 286 6 h!H AUCKLAND, NEW ZEALAND Expressions of interest are invited before 31 January, 1995 Ernst Young announce on behalf of ASB Bank Limited the sale of the hanks property on the corner of Queen Wellesley Streets, Auckland, New Zealand. The building is located in the heart of the Central Business District
      286 words

  • Page 7 Advertisements
    • 134 7 SONY IuMMUFhrTT*} INTRODUCING THE MOST ADVANCED SONY TV EVER. most advanced Double Scan System: it eliminates screen flicker for a picture that's not only perfect, but easier on the eyes. You re looking at the state of the art. Sony's new Kirara Basso Wide TV. Featuring Sony's new High Definition
      134 words

  • Page 8 Advertisements

  • Page 9 Advertisements
    • 287 9 Which VISA Gold Card I 11 offers all of J i thjesebenefits 1 I 1 A Credit Card that's the most An ATM Card that gives widely accepted around the world. instant cash access around the world. 1 A J A s t 4 A NETS Card for the A
      287 words

  • ADVERTISING & MARKETING
    • 488 10  -  The ousting of Saatchi chairman Maurice Saatchi has put the agency's business at risk, says Robert Peston Robert Peston FT MARS, the privately owned American confectionery and pet foods group, has launched a review of the bulk of its US$l billion (551.46 billion) worldwide advertising, after
      FT  -  488 words
    • 181 10 Bernama Lintas worldwide (M) Sdn Bhd has acquired Johnson and Johnson's (J J) sanitary protection business from Union Forty Five effective Jan 1, 1995. A company statement says Lintas has secured the business from Union Forty Five, which held the business
      Bernama  -  181 words
    • 671 10  -  Advertising was once viewed as only a way of conveying information but things have changed drastically since foreign companies started to invest, says John Rogers John Rogers Reuter IT ISN'T QUITE New York's Times Square but the new scrolling billboard outside Hanoi central railway
      Reuter  -  671 words
  • Page 10 Advertisements
    • 170 10 W e» A i, BiL fl B w* W I I 11 B V Vt II H luilulli 11 IBLIv H > ■■■■■■■■■■■■■■■■■■■■■■■■■■■■Pi BBMi For communications systems solutions, talk to your local partner. Throughout Singapore, we are helping to For example, together with Singapore Telecom, link, SEA-MEWE 2, an 18,000
      170 words

  • SPORTS
    • 939 11 Alarm bells ring for world's most powerful golfing nation AFP PARIS Rest of the World 4. America 0. The impossible has happened. For the first time ever, the world's most powerful golfing nation found itself without a Major title to its name and
      AFP  -  939 words
    • 220 11 AFP |NiiA LUMPUR Malaysian *4*ce yesterday detained two "more Kdtballers. this time from the los-■*-team in the recent Malaysia MP match won by Singapore, as a i|Bte^ nlo soccer match-fixing inFihe arrests of goalkeeper Khal*ul A/man Mohamad and midwelder Muhin Mokhtar of the ■entral Pahang state team raised
      AFP  -  220 words
    • Article, Illustration
      32 11 Reuter EYORK Results of NBA played on Wednesday: Indi--07 Chicago 99: Miami 122 lukee 112 (2nd OT); New Jcr--17 Detroit 99; San Antonio >enver 97; Orlando 102 LA :rs 91. Reuter
      Reuter  -  32 words
    • Article, Illustration
      292 11 Reuter yAKI- South Africa New Zeasuffered a double blow yesterpy when its three-day match fninst Boland was abandoned bc■Kise of the dangerous pitch and Hffte bowler Dion Nash was ruled Kt of the remainder of its South ppkan tour. t After 22 wickets fell on f»OtfD€sday's opening day, only
      Reuter  -  292 words
    • Article, Illustration
      68 11 AFP TAIPEI Kaohsiung will be Taiwan's candidate to stage the 2002 Asian Games. Taiwan Olympic officials said yesterday. "Almost all of the committee members supported Kaohsiung to represent Taiwan," said Chang Feng-shu. chairman of the Taiwan Olympic Committee. He said the committee will send a letter to Ahmad Al-Fahad
      AFP  -  68 words
    • Article, Illustration
      117 11 Reuter NEW YORK Tim Gullikson intends to continue as top-ranked Pete Sampras' full-time coach, despite suffering two strokes and being diagnosed with a heart problem. "Right now I'm resting and I think I will be normal," the 43-year-old Gullikson said on Wednesday in a phone interview from his home
      Reuter  -  117 words
    • Article, Illustration
      155 11 AP TOKYO The sumo tournament starting Jan 8 will be the first in three years to have two yokozunas, or grand champions Takanohana and American Akebono. It also will be the first time in 21 years that a wrestler will hold the No I position in his first
      AP  -  155 words
    • 718 11 NBA round-uo AP NEW YORK Shaquille O'Neal and David Robinson, early season favourites for league MVP. have been tearing up opposing defences all season. While O'Neal has led the Orlando Magic to the best record in the NBA. the return of Dennis Rodman
      AP  -  718 words
  • Page 11 Advertisements
    • 283 11 JNFSIline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The Capricorn Woman; Win Prizes.' Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 A Prince's Story; Win Prizes! Children's Funland 8453 Have Yourself A Merry Christmas! Face Facts 8454 John McEnroe Dreamland 8455 Food Sleep;
      283 words
    • 342 11 IN TNI MATTER OF TNI COMPANIIS ACT. CAP. M AND IN TNC MATTER Of ATCEL AUTOMATION PTE LTO (MEMBERS' VOLUNTARY WINOINO UP) At in Extraordinary General Meeting of re Member* <* ATCEI AUTOMATION PTE LTD. duly convened and held al 5001 Beach Road #07-24 Golden Mile Complex, Singapore 0719 on
      342 words
    • 734 11 &@_+,%[^"@}-:-}?}%~=/+~|(|!$:]< IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF FANUC SOUTHEAST ASIA PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the members ol the abovenamed Company duly convened and held at 1 Teban Gardens Crescent. Singapore 2260
      734 words
    • 361 11 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO IN THE MATTER OF STAHL-ASUTRAOMQ PRIVATE UMTTEO (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 152 Beach Road *15-00. Gateway East. Singapore 0718 on
      361 words

  • Page 12 Advertisements
    • 826 12 M Nothing Beats A Bud, PEKING CHRISTMAS MENU (Christmas Eve Dinner) m 0.00" PEE HEAD OJTWCHE M UUAVISU Appetizins sea-fresh oysters in sprinkles of lemon. COCKTAIL Dt OAMBERETTI Prawn Cocktail CAESPELIE Al FUNGHI Mouth-watenrg mushroom crepes in a light, creamy sauce PfHNE AIIE CICAIX Penne served with savouring crayfish sauce
      826 words
    • 391 12 WHERE TO WINE, DINE AND ENTERTAIN Conic To Plaza Hotel fbor A Heart-Warming Family Christmas Cafe Plaza Christmas Karaoke Hi-Tea (24/25/26/31 Dec K >* 1/2 Jan *95) Adult: $22 Child: $16 Christmas Hi-Tea (24/25/26/31 lXrc '94 1 Jan '95) Adult: $16 Child: $11 BANQUET ROOM Children's Christmas Party (25 Dec
      391 words
    • 405 12 AO I •VSth IItNH CATCH THE RAT PACK IN THE ACT. See "I)ean Martin T'rank Sinatra" and "Sammy Davis Jnr" perform at Act I. I'or reservations, please call 831 6262/3. Date: 23. 24 8i '2b December 1994 Time: 11.00pm $49 nett* 23 December 1994 $99 nett* 24 December 1994 $69
      405 words

  • LIFESTYLE
    • 627 13  -  In Japan, Christmas is observed more in a commercial and social context, writes Dorian Benkoi Dorian Benkoi AP AH, Christmas! Lights in the trees, shoppers thronging the streets, musie in the air and hotels booked solid with young couples looking to spend a night of
      AP; Reuter  -  627 words
    • 466 13 UPI ON THE surface, the movie industry has never been healthier as 1994's final ticket sales at American cinemas could reach US$5.5 billion (SsB billion), up more than 5 per cent from the record-setting performance last year. It looks as
      UPI  -  466 words
    • 498 13 CHATTERBOX AP AP AP AP AP CALL HIM Secretary Pek. The most celebrated player in soccer history was named on Wednesday to Brazil's cabinet by president-elect Fernando Henrique Cardoso. Pele will be the special minister for sports, a new position.
      AP  -  498 words
  • Page 13 Advertisements
    • 203 13 SteafijHouse 160 Orchard Road #81-01, Orchard Point, Singapore 0923 Tel: 737 4564 Fax: 736 1922 Christmas Feast! Come to Caimhill Steak House this Christinas for a REAL feast You have a choice of a 6-course Set lunch at $50 nett or a 7-course Set Dinner at $80 nett. There will
      203 words
  • Page 13 Miscellaneous
    • 1249 13 TV RADIO lU tues of a Chevy Chase movie, nana skin variety abound in lßM^23fc" this slapstick offering. -Asam j »j, 'H I reating the Christopher Colurn- PllS wfiglj bus story that arri\ed at the pMB Jal box office with a fanfare and I li slunk out with little more
      1,249 words

  • 517 14 EDITORIAL IT'S THE holiday shopping season in New York and London, and if the reports from the malls aeross North America, Western Europe and Japan are accurate, sales are at an all-time high. Consumer spending is up and businesses are making tidy profits. If the figures are
    517 words
  • WHAT THE OTHERS SAY
    • 190 14 SINGAPORE'S objective conditions might suggest that fewer and fewer employable individuals will remain without a job. Yet. far from decreasing, the number of non-working aged actually went up as a percentage of the total between 1980 and 1990. It may seem even more curious that
      190 words
    • 193 14 AS SINGAPORE begins its countdown to the age of wisdom the emergence of senior citizens who will make up a sizeable number of the population the government is doing its bit to ensure the old do not lead idle lifes. Recent figures show that 80 per
      193 words
    • 183 14 THE US CHOPPER that was shot down by the North Koreans last Saturday has caused a cloud to hang over ties between the two countries. The US is at fault in this incident and the initiative lies with North Korea. If North Korea releases the
      183 words
    • 155 14 THE INTERNATIONAL contact group's peace proposal for Bosnia last July had bent so far backwards to appease the rebel Serbs that their rejection of it very nearly backfired in their faces. Braving total isolation following Belgrade's censure, the Bosnian Serbs began to suspect that they had overreached themselves
      155 words
    • 111 14 LAU CHIN-SHEK has played a game of will-I-stay-or-will-l-go and has decided to go eventually. Perhaps he has enjoyed the limelight trip but he has done some damage in the process. His decision to stay in the legislature only for as long as it takes to ensure the passage
      111 words
  • 948 14  - Responsible fiscal policy or Santa Claus economics? Leon Hadar examines the new tussle between the Democrats and Republicans tax cuts which have less to do with economics, and more with politics Leon Hadar The writer is BT's H 'ashington Correspondent ITS THE festive season in Washington and the incumbent Democratic
    948 words
  • Page 14 Advertisements
    • 247 14 SINGAPORE (Tfl Business Times WE KNOW ASIA DDE 1 WORDS GAME Are you familiar with stocks, unit trusts, commodities or currencies? From now to 29 December 1994, we will be running different hidden word games. Take this challenge... and this slick remote control wall radio with sleep timer can be
      247 words
  • Page 14 Miscellaneous
    • 98 14 /Tv-ieN/ Rfce PVU. A HepoeSM'T I<NOU) POUCH MOOT fu)H«CW is v/ouK yiQOgK &UT <NQUS UV-W He U<£S -navf 7J DOONESBURY GARRY TRUDEAU Ieue&rpJUSTLOSTWITH ITO TALK ABOUT ■IN FACTUM IN TH& P£MCCMTS'AOiUTV TO tu-um KALUfHAP1 TT,MIK£ r OK f PFSTTfOM- MPRWeOURUtfe,&ZW7HIN6 y nun P&J&.SON? TijmiKjK \ftnsniLTCo KKTABte et£MiPUJORseihANmR.IT p-vi m uexeyou
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  • ANALYSIS
    • 1256 15  -  Indian Prime Minister Narasimha Rao is a troubled man these days facing a sugar scandal, a poor showing in recent state elections, and the prospects of a further drubbing for his ruling Congress party in more state elections in February. Yogi Aggarwal reports Yogi
      1,256 words
    • 800 15  -  Haig Simonian reports on the dispute over a Union-wide carbon levy which has weakened the greenhouse gases campaign Haig Simonian FT IF this month's European Union (EU) summit in Essen put the lid on the coffin of a common energy tax,
      FT  -  800 words
  • Page 15 Advertisements
    • 376 15 lf>j27S% DBS BANK GIVES YOU MORE ON FIXED DEPOSITS. In addition to high rates, you get more for your DBS BANK FIXED DEPOSIT RATES investment dollar. mt»re«t rates P-*-)' Overdraft facility against your fixed deposits at rates Amount (Ss) ,mh 3 Mfh> 12Mth> 24 Mth# pegged to the DBS Bank
      376 words

  • 482 16 Bloomberg Business News, Reuter WASHINGTON Strong inventory building helped the United States economy grow a little more strongly than previously thought during the third quarter, the Commerce Department said yesterday. US gross domestic product expanded at a 4 per cent
    Bloomberg Business News,; Reuter  -  482 words
  • 270 16 The Straits Times KUALA LUMPUR The budget session of Parliament ended yesterday and MPs, expecting a general election next month, bid each other farewell. The session, which saw the 1995 Budget and more than a dozen bills being passed, is the last for the year.
    The Straits Times  -  270 words
  • 358 16 Reuter, AP ROME Prime Minister Silvio Berlusconi, faced with a mutiny by his coalition partners and a corruption probe, resigned yesterday, just seven months into office. His resignation plunged Italy into deep political crisis. The billionaire businessman resigned rather than suffer defeat in
    Reuter,; AP  -  358 words
  • 53 16 Reuter CAPE VERDE, Africa Frenchman Guy Del age resting aboard his accompanying raft at the beginning of his attempted swim across the Atlantic Ocean on Wednesday. Delage will attempt the swim from Cape Verde in Africa to Martinique in the Carribean. The crossing is expected to take
    Reuter  -  53 words
  • 375 16 Reuter BEIJING China said it would not honour agreements reached during the Uruguay round of trade talks after failing to rejoin the (Gatt) this year, but said it would continue to reform and open up. "We cannot enjoy the rights accorded Gatt
    Reuter  -  375 words
  • 371 16 Reuter KUALA LUMPUR The Malaysian ringgit, which saw violent-fluctuations against the US dollar this year, is headed for higher levels and calmer waters in 1995 under the new regime at Bank Negara, economists and analysts said. But authorities may work to limit
    Reuter  -  371 words
  • 740 16  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent AT THIS TIME of the year, devout Christians are wont to recall the story of how the Christ child was born in a lowly stable in Bethlehem, attended by humble
    740 words
  • 455 16 AP, Reuter BRUSSELS European Union fisheries ministers held emergency talks yesterday, hoping to stave ofT a Spanish threat to veto the expansion of the EU to 15 nations on Jan 1. With little more than a week to go before Austria,
    AP,; Reuter  -  455 words
  • 212 16 AFP PHNOM PENH The Cambodian aviation authorities yesterday ordered Thai-owned Cambodia International Airlines (CIA) to shut down all operations by tomorrow, a company statement said. "By order of the Civil Aviation Authority of the Kingdom of Cambodia (CAAKC) we have been ordered to cease
    AFP  -  212 words
  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • 397 17  -  By Teh Hooi Ling SINGAPORE Indonesian businessman Sukarman Sukamto has inereased his stake in Parkway Holdings to 14.2 per eent from 9.5 per cent, triggering market speculation that he may make a takeover offer for the company. Mr Sukamto yesterday informed Parkway
      397 words
    • 192 17 Reuter KUALA LUMPUR Yeo Hiap Seng (Malaysia) Bhd shares were up 20.3 per cent on largely retail buying ahead of the lifting of its "designated security" status today, traders said. The stock was up M 51.40 to M 58.30 with 860,000 shares traded. The stock
      Reuter  -  192 words
    • 271 17 SINGAPORE Intraco has formed a joint venture in the Russian port city of Vladivostok to source and process seafood products for export. Intraco's partners in the joint venture, Intraros, are Russian entrepreneurs who will provide technical expertise in fishing operations. Intraros
      271 words
    • 209 17 SINGAPORE Sesdaq-listed electronic goods retailer Pertama Holdings Ltd reported a 14 per cent increase in group net earnings to $1.41 million in the six-month period ended Sep 30. This was achieved on a smaller 3 per cent increase in turnover to $95.7 million.
      209 words
    • 289 17 Reuter KUALA LUMPUR Malaysia's sole tin-plate maker, Perusahaan Sadur Timah Malaysia Bhd (Perstima), may be restructured into a holding company to reflect a shift in its business focus, a senior official said. "We are looking to restructure our operations to take into account the
      Reuter  -  289 words
    • 688 17  -  HOCK LOCK SIEW By Amy Balan SINGAPORE When Genting Bhd, Malaysia's sole casino operator, bought a paper mill and power plant from its sister company, Genting International pic, for MSBIO million (***** million) cash earlier this year, some
      688 words
    • 234 17 ness KUALA LUMPUR Amalgamated Steel Mills Bhd, in an attempt to tap the growing regional financial services market, is now eyeing an entry into Vietnam and a stronger presence in Hongkong. The company is considering venturing particularly into the stockbroking
      ness  -  234 words
    • 222 17 Bernama KUALA LUMPUR Lion Land Bhd, which recently acquired Amalgamated Steel Mills Bhd's steel businesses and related assets, expects the steel business to be its main contributor for the current year ending June 30, 1995. Chairman Tan Onn Poh yesterday said
      Bernama  -  222 words
    • EYE on your STOCKS
      • Article, Illustration
        46 17 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Baring. Daiwa, Fraser. GK Goh. Kay Hian, Morgan Grenfell. OngCo, Nomura. Phillip. Smith New Court, Wl Carr and SG Warburg.
        46 words
      • Article, Illustration
        96 17  -  Quak Hiang Whai HOLDERS of Westmond Land should hang on until the stock nears $3 where resistance will come in. The stock may even exceed $3 in the medium term. The weekly charts look excellent with RSI and stochastics recovering from below the oversold 25 mark. But the
        96 words
    • COMPANIES
      • COMPANY BRIEFS
        • 72 18 SINGAPORE Hai Sun Hup group has agreed to buy the Kamada Grand Hotel in Adelaide from Southstate Corporate Holdings for As4s million (SSSI million). The Foreign Investment Review Board of Australia has approved the acquisition and the deal is expected to he completed next
          72 words
        • 38 18 SINGAPORE Haw Par trading, a subsidiary of Haw Par Brothers International, has sold its 70 per cent stake in Sharikat National for $514,500. The sale resulted in an extraordinary loss of $610.000.
          38 words
        • 17 18 SINGAPORE Resources Development Corp said yesterday that Francisco Dy had resigned as a director.
          17 words
        • 52 18 Reuter KUALA LUMPUR Leader Universal Holdings has signed an agreement with Sarawak Electricity Supply Corp and Central Paragon to undertake projects in Sarawak. Leader and the electricity supply corp will each hold a 35 per cent stake in the venture. Central Paragon will hold 30 per
          Reuter  -  52 words
        • 37 18 Reuter KUALA LUMPUR A subsidiary of Sapura Holdings has arranged a MS3OO million (SSI7I million) bridging loan with a consortium of seven banks to fund its proposed mobile telephone system for Malaysia. Reuter
          Reuter  -  37 words
        • 58 18 Bernama KUALA LUMPUR A restructuring of Multi-Purpose Capital Holdings involving a conversion, acquisitions, rights and special issues has been approved by the Securities Commission. Approval has been given for the conversion of MsBl million owing by Multi-Purpose Capital to parent Multi-Purpose Holdings into 81 million new
          Bernama  -  58 words
      • 570 18 UNIT TRUSTS FUNDS Managers' prices Dec 23 US Gr Fund 0.94 0 97xd" Singapore Unit Trust (JOB Asset Mgt Ltd The Commerce 1.65 1.75 Unifund 1.44 1.50 The Savings Fund 1.60 1.69 Inihond- 1.045 1.07 S'porc Prog Fund 0.61 0.65 United Gr Fund! 1.70 1.77 S'porc Sec Fund 0.97 1.03
        570 words
      • 328 18 Bloomberg Business News BANGKOK Shinawatra Directories Co, which is controlled by a government minister, has been tentatively awarded a 10-year government contract to continue publishing Thailand's telephone directories, a senior executive said yesterday. The contract was agreed to after the company increased
        Bloomberg Business News  -  328 words
      • 587 18 Router HONGKONG While the heady days of 40 or even 50 per cent rises may not be seen again, Hongkong banks are set for another year of solid profit growth in 1995, analysts said. They said 1995 would be a year
        Router  -  587 words
      • 358 18 Reuter HONGKONG Rich City Packaging Holdings Ltd said the Securities and Futures Commission (SFC) allowed it to resume trading yesterday following a suspension that began on Nov 21. The company said the SFC would continue its investigation of the possible existence
        Reuter  -  358 words
      • 167 18 Reuter JAKARTA Indonesia's PT Modernland Realty, a residential property developer, raised 179.52 billion rupiah (SSI2O million) through a rights issue of mandatory convertible bonds (MCB) due 2003, lead manager PT Schroders Indonesia said yesterday. Schroders said each share held, which went ex-rights on Dec 21,
        Reuter  -  167 words
      • 193 18 Reuter BANGKOK Bangkok Bank pic will restructure and streamline its operations to become the leading non-Japanese bank in East Asia, said president Chartsiri Sophonpanich. The new organisation will divide management into five units international, metropolitan, provincial and investment banking operations, and support service operations each
        Reuter  -  193 words
      • 246 18 Bernama KUALA LUMPUR The Securities Commission has approved Mercury Industries lihd's proposed acquisition of the entire issued and paid-up share capital of Jutai Investments from Jutai Holdings Ltd for MS 100 million (SSS7 million). The amount would be satisfied through a share issue
        Bernama  -  246 words
      • 412 18 Bernama KUALA LUMPUR Hicom Holdings Bhd. through its wholly-owned subsidiary Hicom Communications Sdn Bhd, and Deutsche Aerospace AG of Germany (Dasa) have signed a memorandum of understanding on cooperation in space technology. Under the MOU, Dasa would help Hicom formulate a concept
        Bernama  -  412 words
      • 345 18 Bloomberg Business News HONGKONG Wheelock and Co. one of Hongkong's leading investment companies, said its net profit rose 13 per cent for the six months ended Sep 30. In a statement, the company said net profit for the period was HK.51.06
        Bloomberg Business News  -  345 words
      • 775 18 Payment Ex Books Pay date close date MSB 50* b 3 Jan 6 Jan 20 Jan 27 Amtck tng 20* F 6TE Dcc 12 Dcc 16 Dcc 30 Antah Hldgs 50 1 b 6 Nov 2S Dec 9 Jan S Asia Pat Ld I 2TE Nov 23 Dcc
        775 words
      • 276 19 Reuter NKW YORK Kolhlberg Kravis Roberts Co said its affiliate, Whitehall Associates LP, successfully completed its exchange offer for Borden Inc, with about 90,007,716 Borden shares, or 63.5 per cent of those outstanding, tendered. Following the consummation of the exchange offer
        Reuter  -  276 words
      • 306 19 Bloomberg Business News WASHINGTON The Securities and Exchange Commission is conducting an informal review of deep discount brokerages' practices and procedures, according to letters sent to brokers. The review, launched in September, focuses on discounters' marketing and advertising practices, and is examining their disclosure
        Bloomberg Business News  -  306 words
      • 371 19 Bloomberg Business News NFW YORK The lawyers, accountants and financial advisers who steered R H Macy Co through bankruptcy proceedings and ultimately into the arms of Federated IX'partnicnt Stores Inc will get paid about US$6O million (5587.79 million) for their work. A federal bankruptcy judge
        Bloomberg Business News  -  371 words
      • 312 19 Bloomberg Business News NEW YORK Four of the world's five biggest stock research firms are British for the second year in a row. SG Warburg Group pic kept its status as the world's largest equity research firm for the fourth straight
        Bloomberg Business News  -  312 words
      • 213 19 Bloomberg Business News AFP, WASHINGTON IBM and Apple, teamed up to forge the personal computer of the future, have made multimedia programming gains while Intel and Microsoft have stumbled with their current products. Intel has come under fire in the last weeks
        Bloomberg Business News; AFP,  -  213 words
      • COMPANY BRIEFS
        • 64 19 Bloomberg Business News HONGKONG Property and transportation company Hongkong Parkview Group Ltd said its net profit rose 1.17 per cent to HK$B9 million (S$ 16.8 million) in the six months ended Sep 30, from HK$BB million a year ago. The company told the Hongkong Stock
          Bloomberg Business News  -  64 words
        • 76 19 Reuter SEOUL South Korea plans to allow foreign securities houses to broker share and bond investment by local companies and individuals, a finance ministry official said. The ministry will seek a revision of the securities transaction laws to allow such business to be
          Reuter  -  76 words
        • 69 19 NYT NEW YORK Tele-Communications Inc and Microsoft Corp said on Wednesday that as expected, Tele-Communications had agreed to acquire 20 per cent in a newly formed partnership for Microsoft on-line services. Tele-Communications, the largest US cable operator, will spend US$l25 million (S$ 182.5 million) for
          NYT  -  69 words
        • 39 19 Bloomberg Business News MORTON GROVE, Illinois Hallmark Cards Inc acquired Revell-Monogram Inc for US$29.B million after a majority of Revell shareholders approved a U556,375 a share cash offer, the greeting card company said on Wednesday. Bloomberg Busi-
          Bloomberg Business News  -  39 words
    • FINANCE & COMMODITIES
      • 338 20  -  By Soh Tiang Keng SINGAPORE Indonesian conglomerate Astra International yesterday signed a deal here with 21 banks to tap US$2OO million ($292 million) from the Singaporebased Asian dollar market. The deal a five-year revolving credit facility is the largest fund-raising exercise by
        338 words
      • 175 20 SINGAPORE US investment houses dominated the year-end awards announced yesterday by capital markets magazine International Financing Review. Citicorp was named Bank of the Year and top international syndicated loan house in Asia and US. IFR said the bank had turned around dramatically since
        175 words
      • 196 20 Reuter LONDON Lloyd's of London will have the capacity to underwrite £10.2 billion (5523.2 billion) in insurance premiums next year, against £10.9 billion in 1994, the insurance market said on Wednesday. Individual members will contribute £7.8 billion, or 77 per cent,
        Reuter  -  196 words
      • 244 20 Knight-Ridder SYDNEY New banking regulations expected to be implemented by the Reserve Bank of New Zealand (RBNZ) would tighten disclosure rules and remove exposure limits on individual counterparties and foreign exchange transactions. The bank yesterday said the new rules are expected to be established
        Knight-Ridder  -  244 words
      • 286 20 Reuter WASHINGTON The Federal Reserve Board has adopted a policy that sets internationally recognised minimum standards for privately operated large-dollar multilateral netting systems. The standards were set down in the 1990 "Lamfalussy Report" by the Group of 10 central banks. The document is formally
        Reuter  -  286 words
      • SMALL CHANGE
        • 98 20 Bloomberg Business News LONDON Major UK brokerage firm SG Warburg has beaten other investment banks in the competition to advise the UK government on the privatisation of Railtrack, the Financial Times said in its Tokyo edition. The government will probably sell between 51 per
          Bloomberg Business News  -  98 words
        • 68 20 UPI NEW DELHI India's state-controlled banks incurred a total loss of US$2.B billion (554.09 billion) this year and the government had initiated steps to give them a sound commercial base, the finance minister told parliament on Wednesday. New Delhi asked the banks to reduce their
          UPI  -  68 words
        • 68 20 Reuter LONDON The European Bank for Reconstruction and Development (EBRD) said it was providing financial support for Polish insurance company Azur Zycie in the form of a 35 per cent equity investment. The investment is valued at 61.3 billion zlotys (554.76 million). Azur Zycie
          Reuter  -  68 words
      • 245 20 Bloomberg Business News WASHINGTON The Federal Reserve Board voted on Wednesday to require banks to keep more detailed records of domestic and international wire transfers to help law enforcement agencies fight drug trafficking and tax evasion. The new
        Bloomberg Business News  -  245 words
      • 369 20 NYT WASHINGTON In the largest civil settlement in its 19-year history, the United States Federal Election Commission said on Wednesday that Prudential Securities Inc had agreed to pay U*****,000 (SS803.000) for making illegal political donations over several years. The commission said the company
        NYT  -  369 words
      • 286 20 Bloomberg ENERGY REPORT LONDON Oil futures were stable amid a lack of genuine business on both sides of the Atlantic as traders assessed forward demand for crude and petrol in the US. Crude inventories declined unexpectedly last week, dropping 1.99 million barrels to 336.3
        286 words
      • 186 20 Reutcr LONDON The dollar opened a touch lower against the mark and the yen and showed a muted reaction to news of an upward revision to US third-quarter Gross Domestic Product. The US Commerce Department's final estimate of thirdquarter GDP showed a 4.0 per cent growth rate compared
        Reutcr  -  186 words
      • 92 20 AFP NEW YORK The dollar was slightly down in quiet early Wall Street trading yesterday ahead of the Christmas and New Year periods. Gold was unchanged at U*****.60 an ounce. Shortly after trading started. the dollar was at 1.5800 marks against 1.5810 at Wednesday's close and at 100.49
        AFP  -  92 words
      • Article, Illustration
        1699 20 trade Hi trhinl imlex lahvtaied attains Spin s tup 14 Hading [tanner* Bom- war 198? US$/S$ forward rates Noon Pec 22 Si Bid Oder 1-month ***** 1.4624 2-month 145% ***** 3-month ***** 1 4600 6-month 1.4532 1.4552 Sowar Of W Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am mDk22:
        1,699 words
    • COMMODITIES & FUTURES
      • 1377 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures were easier at the close. Dealers said trade was thin as there was not much fresh news. A Japanese dealer said there continued to be some light buying after the Eederal Reserve failed to hike
        Reuter  -  1,377 words
      • 675 21 COMMODITY REPORTS Gold HONGKONG: Gold closed marginally firmer yesterday amid light speculative buying. "Good support at the US$3BO level encouraged light accumulation interest hut investors were reluctant to take hig positions because of a lack of participants." a dealer said. Gold ended at U*****.60/
        675 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 61 21 WASHINGTON The US imported 44.18 million pounds of brass mill produets in October, up from 32.68 million in the same month of 1993, the US (opper and Brass habricators Council said. Canada was the leading supplier of brass mill products to the US in
          61 words
        • 57 21 WASHINGTON The US Bureau of the Mint said it was would hold three tenders to buv special high-grade zinc, electrolytic copper cathodes and electrolytic nickel cathodes. The Mint said it was seeking 2.96 million kg of electrolytic copper cathodes; 449.000 kg of electrolytic nickel
          57 words
        • 49 21 KANSAS CITY Pakistan is seeking bids for 100,000 tonnes of US wheat under the Export Enhancement Programme by Dec 29, according to a tender issued by its government yesterday afternoon. It seeks US soft white or hard red winter wheat for Jan 11-31 shipment.
          49 words
        • 64 21 HAVANA Ihe Cuban National Assembly unanimously adopted a new mining law on Wednesday aimed principally at the aeeommodation and control ot foreign investment. The law, effective on Jan I, replaced legislation dating back to 1883 and regulations adopted in 1959. The mining sector has attracted
          64 words
        • 68 21 WASHINGTON USDA announced on Wednesday that farmers will not have to idle any of their upland cotton acreage in 1995 to qualify for farm programme benefits. Earlier. USDA had said that farmers would have to idle 7.5 per cent Of Ac upland cotton acreage in
          68 words
      • 1532 21 Rubber dcc 22 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) ioioro Sellers As at 12 noon (S ccnls/kg) RSS 1 Contract (S ccnls/kg) —volume JT— KSS 2 Jan 95 2I2 00 2I3 00N Month High Low Set (tonnes) Intent KSS 3 Jan 95 ***** 2I2.00N
        1,532 words
    • REGIONAL STOCK MARKETS
      • 986 22 +2.7 SHARES closed marginally firmer yesterday, as early enthusiasm following a rise on Wall Street seeped out of the market in afternoon trade. One broker said: "The rise on Wall Street just got lost in Christmas celebrations here." The All Ordinaries Index finished 2.7 points higher at 1,908.2. The
        986 words
      • 605 22 16.49 Stocks maintained a week-long upswing, rising 0.59 per cent as investors continued to position themselves for 1995. The Composite Index rose 16.49 points to 2.807.08. Turnover was 2.29 billion shares valued at 1.71 billion pesos. The market traditionally slumps during the end of the year but investors appeared
        605 words
      • 587 22 •44.92 Stocks closed lower in heavy trading on profit-taking, with construction and textile shares hardest hit. dealers said. The 395-issue Weighted Price Index retreated 44.92 points to settle at 6,965.68. Turnover was 2.777 billion shares worth NT5114.6 billion. Falls outnumbered rises 196 to 121, with 78 issues unchanged. The
        587 words
      • 462 22 13.33 Share prices rallied yesterday, as monetary strains eased and interest rates steadied. The Composite Price Index shot up 13.33 points to close at 1,040.18 in active trading with 45.2 million shares worth 955.7 billion won. Rises outweighed declines 621 to 243, with 120 counters ending unchanged. Investors went
        462 words
      • 362 22 -27.22 Shares were in no mood to take note of Standard Poor's sovereign upgrade of New Zealand's credit rating or the Dow's 35-point rise. The NZSE-40 Capital Index fell 27.22 points to 1,911.05 on volume of NZ555.3 million. A broker said there is still a good deal of
        362 words
      • 113 22 -15.07 Share prices recovered at midsession but ended lower due to political confusion triggered by reports of a top minister planning to resign and others named in two national scandals. Newspaper reports of senior minister Arjun Singh ottering to resign to protest against Prime Minister PV Narasimha Rao's reluctance
        113 words
    • WORLD STOCK MARKETS
      • 819 22 +21.3 SHARES closed higher for the fourth consecutive session and dealers said they saw no end to the end-of-year rally. "Fund managers are more interested in a higher close of the year than taking their profits," a dealer said. The FTSE-100 Index finished 21.3 points higher at 3,091.7. Turnover
        819 words
      • 157 22 11.16 French shares ended higher, helped by firmness on Wall Street, after spending the early part of the day drifting. Traders said a steady tone in bonds gave support to equities and raised chartists' hopes of the CAC-40 index hitting 2,000/2.020 by the end of the year. Today's expiry
        157 words
      • 186 22 +7.60 German shares held on to the day's higher levels in quiet dealing. Dealers said the Bundesbank's decision to leave rates, M 3 target unchanged was no surprise and had little impact on prices. They said market sentiment was turning optimistic for next week, and some see the index
        186 words
      • 224 22 12.21 Belgian shares, fuelled by a firmer dollar and Bel-20 Index basket-buying, closed higher in active trading as a long-expected end-of-year rally finally took off. But the index failed to decisively breach 1,400 as overhead resistance above this level appeared to be tough. Traders, however, expected the rally to
        224 words
      • 151 22 -27 Italian shares ended lower after a volatile session as nervousness over a political crisis and the resignation of Prime Minister Silvio Berlusconi hit a previously optimistic market, traders said. The Mibtel Index closed down 27 points at 10,009. after trading between a low of 9,910 and a high
        151 words
      • 266 22 +2.00 Dutch shares rose, holding a four-day rising line and fuelling dealers' hopes for an end-year rally as the AEX Index broke chart resistance to close above 415, ending up 2.00 points at 415.35. But volumes were again thin, and prices were shored up by a stronger dollar and
        266 words
      • 125 22 +8.52 Wednesday's Wall Street rally put the Swedish bourse in a positive mood and shares closed higher after a day of moderate trade. Options however, held back the rise. "The developments on foreign bourses. Wall Street in particular, have played a major part in today's rise," a broker said.
        125 words
      • 254 22 14.1 Swiss shares ended higher in moderate turnover, helped by firm futures and other technical factors. The broader SPI Index Finished up 9.05 points at 1,732.94 while the blue-chip SMI index closed 14.1 higher at 2,650.2. Wall Street's firm opening supported sentiment. Dealers said several shares broke upward resistance
        254 words
      • 282 22 -9.5 South African shares ended mildly lower after a day of drifting ahead of the Christmas weekend, but the mood was still buoyed by the gold price and world markets. The Overall Index closed 3.5 points off at 5,801.0, the Industrial Index was 9.5 lower at 6.911.8 and the
        282 words
      • 251 22 -7.06 Stocks were mixed with a soft bias in subdued pre-hol-iday dealings, and traders anticipate the market will quiet even further. "Half the staff are off today and about two-thirds will be off tomorrow," said one trader. "A lot of people are going home." The TSE-300 Composite Index eased
        251 words
      • 748 22 +9.76 The Dow Jones Industrial Average, which rebounded 34.65 points on Wednesday, was ahead 9.76 to 3,811.56 at 1 lam EST. The key barometer was ahead 17.50 shortly after the market opened. The NYSE Composite Index was ahead 0.Q9 to 251.03, while Standard Poor's 500-stock Index was up
        748 words
      • 575 22 Vienna Dec 22 A*ch MM 2075 15 B-ink Auttru PS 403 I CA-BVVZ 63* *3 F V\ 1407 21 »lughjlrn 472 2 Lcn/ina W +10 tokjm 4<»l 5 M-kuIjo Hhl VZ «»lft 5 <>EMV VZ 930 VA Inhnul.<K.r IW5 5 Voiv.-hff 335 2 VVitvumJ Alilw A *39 I K«n1<t| J745
        575 words
    • Article, Illustration
      3005 23 Bloomberg Business News HONGKONG Stocks rose for the fourth successive day, led by utility issues, on expectations of investment from AsiaPacific funds recently set up by major Japanese securities houses. A rally in New York stocks, helped by the stabilisation of US interest rates, has also encouraged investors into
      Bloomberg Business News; Source: Bridge Info  -  3,005 words
    • Article, Illustration
      599 23 CLSA H SHARES rose 1.7 per cent on improved turnover of HK$ 105.6 million. With buying interest continuing from Japanese investors, Yizheng Chemical and Qingling Motors were the biggest gainers, each jumping 5.5 per cent. The Shanghai B market rebounded on active turnover of U553.65 million. Local buyers supported
      CLSA  -  599 words
    • Article, Illustration
      2473 23 Reuter TOKYO Stocks closed sharply higher yesterday, mainly due to arbitrage-linked buying and purchases from some institutional investors, brokers said. Fears of immediate declines are fading and bullishness is gradually spreading in the market, they said. "The Nikkei may test 20,000 next week," a broker said. Today is a
      Reuter; Source: Bridge Info  -  2,473 words
    • Article, Illustration
      1832 23 Reuter BANGKOK Stocks gained in the morning on rises in New York overnight and in Hongkong but fell back in the afternoon on profit-taking. The SET Index closed 0.98 point down at 1,364.3 on moderate 5.6 billion baht turnover. Gains edged losses 137 to 136 while 126 issues finished
      Reuter; Source: Bridge Info  -  1,832 words
    • Article, Illustration
      1163 23 Reuter JAKARTA Share prices closed higher in lively trading spurred by mainly local activity. "Local players were buying ahead of a possible increase in window-dressing at the yearend." one local broker said. But when the expectations were not fully realised, local players cashed out at the end of the
      Reuter  -  1,163 words
    • 2435 24 Gr G» 1944 LM Vol Day Lant Owne IH» Di» Ne« M C »p ll«h Law r S«W 4-/- (HOO) ll«h low Buyer SHIrr Or PIV Vmil MALAYSIAN STOCKS 198 l«0 m AISB MX >96 cd F5 249 306 289 296 298 JO -2 9 0 1 30
      2,435 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6713 24 Bloomberg Business News KUALA LUMPUR Stocks rose for a fourth day yesterday amid optimism that economic growth that would bolster Malaysian companies' profits, traders said. The Composite Index rose 12.17 points to 994.34. The broad Kmas Index rose 1.7 per cent to
        Bloomberg Business News; Source: Bridge Info  -  6,713 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8484 25 MAWOAUD Cr b M Wi 1«*4 IM Vol Da, Im Quote Dh Dn \W Net (a* A»g High Low (uoipaat Sale (-0001 I link Lo* Ba,« SHIn C~»r P/E Sail Price INDUSTRIAL AND COMMERCIAL 7 20* 417.5* m t s Vnu 50c 4*2 +2 66 4)16 4*2 480 4*4 8
        8,484 words
      • 1893 26  -  By R Sivanithy SINGAPORE The stock market here remained on a recovery path yesterday, following a firm overnight session on Wal! Street and a net inflow of Japanese institutional money. Although prices ended higher across the board, the market had
        Charts by Bridge Info; Source: Bloomberg  -  1,893 words
  • Page 17 Advertisements
    • 264 17 NEWS VALUE EDB sees electronics output up 24% for year to $49b (pg I) Surprisingly, listed electronics stocks are generally close to their lows for the year. Sale of Int'l Factors Building sets CBD record (pg 1) Interest clearly shifting from residential to commercial property. Sukamto increases stake in Parkway
      264 words

  • Page 18 Advertisements
    • 279 18 1895-1995 The Centenary Anniversary of Guglielmo Marconi, the Italian scientist who discovered radio wave ■^i n 1895, the renowned Italian scientist,Guglielmo Marconi, shaped history by discovering the radio wave.One hundred years later, with the authorization of the Marconi Foundation, Omas introduces the Marconi Collection, in celebration of the discovery of
      279 words

  • Page 19 Advertisements
    • 96 19 DRINK FROM MJfc—lfclfcVF FOREVER "Dark, brutal, seductive: Interview, shocking horror." Whan^S and unable to locate the nearest exit." II "Hypnotic, scary, sexy and perversely funny. An audacious, riveting Tom Cruise performance." Peter Travers, ROLLING STON.E "This is a brutally honest and at times horrifying telling of the Vampire storv. r:
      96 words


  • Page 21 Advertisements
    • 216 21 Financial News |Vi|j9| A Quick Look At The I I Markets I Call 24 hours a day for I I SES KLSE I reports, I I market reports and Cost: 30 cents a minute ww: MFBline An SPH AudioTex Service _B_y_S_L_N_E S S TIMES TOI.I. FRI-I'. TKL. No 1-800-741-1883 FAX
      216 words
    • 40 21 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 fuM picture. Companies 6c Markets. Everyday.
      40 words

  • Page 22 Advertisements
    • 22 22 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.
      22 words

  • Page 23 Advertisements
    • 65 23 Nitsuko Double Your Share Quality Key phone Systems and EPA BX ■ma of Dividends Increase your market connections with the latest Keyphone Systems from Nitsuko. Get instantaneous connection to your brokers by simply hitting a pre-programmed number Where efficiency makes the only difference, you can t go wrong with Nitsuko.
      65 words

  • Page 24 Advertisements
    • 71 24 Nitsuko Double Your Share Quality Ke, phcne S\ s 'ems end EPA BX npa of Dividends Increase your market connections with the latest Keyphone Systems from Nitsuko. Get instantaneous connection to your brokers by simply hitting a y,pre-programmed number Where efficiency makes the only difference. you can t go wrong
      71 words


  • Page 26 Advertisements
    • 323 26 hi tie matter of tie Companies Act Cap. 50 And In tie matter of VEMTO RENTAL PTE LTD (Members' Vokrtary Wkxtng Up) At an Eriraordkiary General Mooting of Iw abcvanamod company duly convened and haid at 5M Upper Thornton Road* Singapore 2057, an 1* December 1904, tie Mowing naaMhma were
      323 words
    • 516 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 59) AND DOWTEX TRADING PTE LTD (la Mem ben' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that. pursuant to Section 308 of the Companies Act (Chapter SO), the Final General Meeting of the Members of the abovenamed Company will
      516 words
    • 302 26 Ia Ike Mann of Ike Companies Act, Cap. SO Aad la the Maner of ITU PERMAI MANUFACTURING PTE LTD (fa Members' Voku&try I At aa Extraordiaary Geaeral Mectiag of tee aboveaamed Compaay duly coevcaed red held at 336 Smith Street 906-309 New Bridge Ceatre Siagapore 0105 oe 19th December 1994
      302 words
    • 693 26 Binn^usmm T^L^TRE^E^N^isoffiß-I^^^FAS?WT-fS! M THE MATTER OF THE COMPANIES ACT. CHAPTER SO JPT INVESTMENTS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at Extravaganza Esplanade. Middle!on Beach. Albany 6330. Western Australia on the 14 December 1994. (tie following resolutions were duly passed 1.
      693 words
    • 433 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ALPHA FEEDERS PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN. pursuant to Section 296 of the Companies Act, Chapter 50. that a meeting of the credrtors of the abovenamed Company wi# be held
      433 words
    • 405 26 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF PFW SINGAPORE PTE LTD (In Membere' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306<1) of the Com par* e« Act. Chapter SO. thai a Final General Meeting of th« abovenamed Company wifl be held at
      405 words
    • 277 26 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF EXCLUSIVE ENVIRONMENTAL SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act, Chapter SO. that a Final General Meeting of the abovenamed Company wiN be held at 9
      277 words

  • Shipping Times
    • 398 27  -  By Ramesh Divyanathan SINGAPORE The European Union (EU) should act less as judges and more as coordinators between warring shipper's groups and shipping lines, says Hapag-Lloyd director Gunther Casjens. Mr Casjens, who is in charge of the German carrier's
      398 words
    • 191 27 SINGAPORE The American Bureau of Shipping has become the first classification society to earn ISO 9001 (1994) certification. The single certificate covers 154 offices in 61 countries. It includes support functions such as information-manage-ment systems, human resources, finance and administration and technical and
      191 words
    • 207 27 Bloomberg Business News WASHINGTON The US and other major shipbuilding nations signed an agreement on Wednesday aimed at eliminating government subsidies and other practices that distort competition in the ship market. The accord, negotiated over the last five years under the auspices
      Bloomberg Business News  -  207 words
    • 1066 27 Page Col ABC Containerline 16 I Able Shpg 7 4/5 Accord Group 8 1-3 AhlersLine 13 S Ahrcnkicl 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 Shpg
      1,066 words
    • 522 27 Bloomberg Business News BRUSSELS Shipping companies fined for price-fixing by the European Union are to appeal the decision, Jeffrey Sterling, chairman of Peninsular Oriental Steam Navigation Co pic, told Bloomberg Business News on Wednesday. The European Commission imposed symbolic fines totaling 130,000 European
      Bloomberg Business News  -  522 words
    • 122 27 NYT NEW YORK In a move widely expected since the election of George Pataki gave both New York and New Jersey Republican governors for the first time in decades, the executive director of the Port Authority said on Wednesday that he would resign
      NYT  -  122 words
    • 173 27  -  LETTERS TO THE EDITOR Denis Lim Public Relations Officer Sembawang Shipyard I REFER to the above article by Ramesh Divyanathan in the Shipping Times (BT, Dec 21). In the interests of accuracy, Sembawang Shipyard wishes to clarify on the reported comments made by Tan Mong Seng,
      173 words
    • 1365 28 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,987 on Wednesday from 1,998 on Dec 20. There was little activity on the freight market with a shortage of concluded business with the approach of the Christmas holiday, brokers said. In the grain trades. Continental
      1,365 words
    • 1136 29 Taiwanese shipping company Yang Ming believes facility sharing is the key to success Lloyd's List Magazine Focus YANG MING, the Stateowned Taiwan shipping company, is on the way to becoming one of the leading containership operators in Asia. As the company is gradually and successfully
      Lloyd's List Magazine Focus  -  1,136 words
    • 13024 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang alter
      13,024 words
    • SHIPS IN PORT
      • 697 39 W8»ol Voy Wo 8«rth DnM Dtpartur« V««t Vo» No Bwth hnivrt Pogrtiw Jmu Port mkiAi f.» 240 <m row 12/1100 AnUm 110 itoopA 23 12,1800 Mm SH2II* P01A *>-*** 2212/1100 BZm Brtagta II alongside 2112/7300 frmcm /4 P03 atongsrfe 2312/0200 bZ 04 12 alongsde 23 12/0300 Samidera
        697 words
      • 1214 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO DECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO 7 Record Booking/Balance Rslts Voy No Etb/Btr Period From To From •■toOK* 060* 24/1000 IB 22/1500 22/1669 22/1900 29 22/1700 23/0659 23/0900 4 23/1200 23/1459 23/1700 frtJH 2178 23/1500 1A 22/1500 22/1659
        1,214 words
    • AIR AND LAND TRANSPORT NEWS
      • 503 46 NYT DETROIT With steel and plastic costs rising, and demand for vehicles still strong. General Motors Corp said on Wednesday that it would raise the prices of almost half its cars and nearly all its light trucks on Jan 3. Although
        NYT  -  503 words
      • 360 46 Reuter OTTAWA The United States and Canada were scheduled to unveil an open skies agreement yesterday, a US government source said. "They have reached a framework of understanding." said the source, a senior government official who was closely involved in working out
        Reuter  -  360 words
      • 184 46 FT LONDON Peter Ward is to quit as chief executive of RollsRoyce Motor Cars, which has just signed a collaboration agreement with BMW of Germany. The move, at the end of next week, is believed to reflect a divergence of views with the parent Vickers
        FT  -  184 words
      • 360 46 AP LONDON The crash on Wednesday of a Boeing 737 cargo jet near Coventry, killing all five aboard, narrowly averted crashing into a built-up area, residents said. "It is a highly populated area and if it had come down just a bit closer,
        AP; Reuter  -  360 words
      • 265 46 Reuter HIROSHIMA After being bumped and jolted by recalls and investment cuts in 1994, Japanese car maker Mazda Motor Corp insists the road will get smoother in the coming year. But some analysts question if it is heading in the right
        Reuter  -  265 words
      • LOG BOOK
        • 106 46 AP HOUSTON Continental Airlines on Wednesday announced plans to eliminate its fleet of 21 Airbus A3OO aircraft in an effort to cut costs. The cuts aflect what the Houston-based carrier calls "underperforming routes" and are expected to help Continental's bottom line performance. Continental declined to
          AP  -  106 words
        • 88 46 Reuter WELLINGTON Polynesian Airlines, the national carrier of Western Samoa, said it had succeeded in its application for an interim injunction against Ansett Airlines of Australia. Richard Gates, Polynesian's chief executive, said the ruling by the Supreme Court of Victoria effectively restrains Ansett from terminating
          Reuter  -  88 words
        • 84 46 AFP HONGKONG Guangdong, the southern province that is China's most prosperous region, is to build two major rail lines to link up with landlocked Guizhou and Yunnan, it was reported yesterday. The two railways, expected to be completed in 1996, will enable goods from Guizhou,
          AFP  -  84 words
        • 65 46 Reuter LONDON Robert Montague, chief of debt-laden Tiphook, now renamed Central Transport Rental, was on Wednesday finally forced to quit the company he founded 16 years ago and led through stock market stardom to near collapse. The group said Mr Montague had decided not to
          Reuter  -  65 words
      • 271 46 Bloomberg Business News WICHITA, Kansas Cessna Aircraft Co on Wednesday said it will resume production of single-engine piston aircraft at a plant to be built in Independence, Kansas. The announcement is expected to spur a revitalisation of the general aviation industry, which has
        Bloomberg Business News  -  271 words
      • 1747 46 ati nw et> FigM n®_ nt rr* rat no Ma MuM GA976 2355 FraakMrt SQ25 0645 SQ326 2220 MalaMa QF81 1930 QF82 2050 LH772 1615 LH773 2359 SQ227 2230 FaMwfca SQ969 1705 SQ990 0125 AmtanUm KL837 1540 KL844 0115 6mm* SRI S3 2140 SQ323 1710 GA970
        1,747 words
  • Page 27 Advertisements
    • 77 27 THE SPECIALIST IN WIRE ROPE >A LASHING testing yi MATERIALS fifJEXSZjf LIFTING Hfv GEARS MINTERMARINE SUPPIY CO. (PTE) lID N0.7, Bukrt Bate* Street 22, Singapore 2365. Tel: 563 3488 Fax: 563 6811 Taiwan's Yang Ming seeks cooperation deals, Pg 3 GM raises vehicle prices amid rising steel, plastic costs, Pg
      77 words
    • 163 27 THE FAM ous to i mmmk/ mwnwjm BEBB 224 1833 For more information please refer to Pg. 13 p Silent night, holy night. All is j calm, all is bright. Round yon Virgin Mother and Child. Holy Infant, so tender and mild, Sleep in heavenly peace. Sleep in Kr I
      163 words

  • Page 28 Advertisements
    • 388 28 rl'i N.Y.K. U.S.A. YEAR END LOADER 4 i j 11 11 i 11 i i i 0 I 4 VESSEL ACX DAISY V.0608 1 I I I I 4 ETD SINGAPORE DEC 31ST 1994/1500 HRS 1 I CY CUT OFF DEC 30TH 1994/1900 HRS !j m OP FOR BOOKINGS CALL:
      388 words

  • Page 29 Advertisements
    • 1511 29 H OOCL (8) PTE LTD JARDINE SHIPPING AQENCIEB JARDIME SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT, SINGAPORE 0206 PETAUNG JAYA TEL: 03-*****76 FAX: 03-*****42 CFS: 03-*****42 CR NUMBER: **********0 C PENANG TEL: *****4 FAX *****1 IE DOCUMENTATION TEL: *****55 (INWARD)/*****«0 (OUTWARD) ,p O« TEL: *****3/4 FAX: *****6
      1,511 words
    • 323 29 ANL. IT'S AUSTRALIAN FOR SHIPPING WISHING ALL CUSTOMERS A mm joyful pa mm CHRISTMAS |H lAMMC SHPFWG AGENCCS PCSAKA JAMXNE MR AGENCCS SOU ML 200 Cantonment Road. #12 05 Southpomt. Singapore 0208 PETAL MG JAVA TEL: *****88 Fa* No: 603 *****41 Tel *****11 Fa» No: Mktg *****30 B/L *****53 PENANG
      323 words

  • Page 30 Advertisements
    • 1100 30 Wishes AlfO* Clients Friends Merry Christmas A Happy New Year Agents: Singapore HAPAQ-UOYD (S) PTE LTD Malaysia Sagani Sdn Bhd LL^IIJL Booking: *****00 Export *****4* Import 22*5858 K. Lumpur *****29 P. Kaiang 37*37*3 CFS: 37*37*3 Fag *****82 CFS 27*28*8 Pawawg *****57 J. iahoi *****30 RE6ULAH DIRECT CONTAINER BREAK BULK StBVICt
      1,100 words
    • 441 30 /fSMPpjRHipB! I S pore P. Kelang loading for CELTIC 31/12 2/1 Rdm/Atv»/UK/Nantes I WORLD ARES 25/12 28/12 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia I I Loading for Y ENERGETIC DuDai/Batvain/Damman/Kuwait I SEA VENUS HodeKlah/Jeddah/Aqaba H •Loads Singapore. E./W. Malaysia. Indonesia I Loading for DONA v Los Angeles/New Orleans/ I Charleston/Norfolk/Camden H
      441 words
    • 1207 30 I NORASiA SI MOTIVATOR 451N 30/12 19/01 25/01 28/01 21/01 22/01 22/01 23/01 23/01 25/01 I SEA INITIATIVE 452* 07/01 27/01 02/02 03/02 29/01 30/01 30/01 01/02 01/02 03/02 I NORASiA MALTA 9501-3 11/01 31/01 06/02 07/02 02/02 03/02 03/02 04/02 04/02 06/02 I NORASIA KCI 9502-3 18/01 07/02 13/02
      1,207 words

  • Page 31 Advertisements
    • 1833 31 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0206 Tel: *****88 Fax: *****17 new guinea pacific line (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS STRAITS VENTURE V3IE Mu*a Lib 23 Ooc 24 Dtc FCL LCL CONTAINER ANO BREAK BULK SERVICE TO PAPUA NEW GUINEA
      1,833 words
    • 2346 31 W Singapore Agent: 1 I AfITJI P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road, #07-01 Kcppcl Towers. Singapore 0208 First Class Connections WORLDWIDE S ISml" PNOCSP F 225 5327/222 75 EXPORT IMPORT VESSEL wov *PNG *PKQ MM too ANT HOT HAM OOT Mt L£H VESSEL VOY ANT OOT
      2,346 words

  • Page 32 Advertisements
    • 515 32 w C? VENTURE WV SAMUDERA INDONESIA SIR RICKMERS wii* SINGAPORE CHINA GR£EN ERA VOY 3NB 5 lAN QtNGOAO OASA SEPUIUH VOY 3MB 29 lAN XINGANG INDUCEMENT CALL P. KELANG MWCEMENT CALL HK. P GUDANG. BELAWAM. TG MAN XIAMEN. ZHANGJIGANG W UTAMA HARTA f WEEKLY FULL CONTAINER SHIP FEEDER VESSEL NAME
      515 words
    • 1234 32 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 cna «i SM IK HAUL SfA TV* POI F» W IIK HAU SAV AM NTC MMUM HAMUK 0?# 3012 MHCI 19/1 20/1 21/1 HAHJW BUSAN ISOt 31/12 B KMHAND MX 2/2 J/2 5/2 H4MJM SiNGAPOAt
      1,234 words
    • 1319 32 d -Ir]:I dd J Im mp >sc hkc klc pus «i n w w no iu u mc im urn um nv «c psd c« m I E GOIOEN M 044 77/17 74/12 3/1 4/1 4/1 1/1 W/l 11/1 17/1 13/1 14/1 75/1 7/7 »/7 10/2 71/7 71/7 72/7 2J/7
      1,319 words

  • Page 33 Advertisements
    • 2829 33 i VARNA (BULGARIA) CONSTANTZ4 (lIOtUKUI muwssM a sailing pin month Tl—pir»'» 6m*»< Agmmt*. rW (Oii-ril): UMmE 4«» ncr O.pl COSTA R SHIPPING PTF I TO Fa* («*m*ran: 22* 18** Cont*i*f *****41 844 Comialmar Src JJ/l: WSIM Operation *****15 yVr'-?" nl 1,0 Taiax: 2*830 COSHIP Cw»hHm«(. 4M5150 CmtmNwh/: *****44 SJSSSL'C* N*
      2,829 words
    • 1068 33 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PKL PEN IQH SW HUG KAO TAI KE£ KO6 OSK MOJ BUS *Ui HAJ No4l 21/1? 22/12 24/12 25 26/12 30/1? 31/12 02/01 03/01 09/011 10/011 U/Ql WAN HAI 216 NOlO 25/12 24/12 28/12 29 30/12 03/01 04,01 06/01 T/S »u HAO 10/01 U/01 13/01
      1,068 words

  • Page 34 Advertisements
    • 701 34 i j Season's Greetings Jr m. I from t > I? fuc!D> I 9 i Regional Container Lines I \4 '%.p£. l. >)i ti ijiaaaaiaaiiiiiaifnami'PW PORTS ETD SIN PORTS ETD SIN t ANTWERP 26.12.94 GOTHENBURG 25.12.94 ROTTERDAM 26.12.94 LE HAVRE 26.12.94 L" HAMBURG 26.12.94 MARSEILLES 31.12.94 Lr*k k.. FELIXSTOWE 26.12.94
      701 words
    • 1212 34 79 ANSON ROAD, #21-01. SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0^ STRAIT 8 SHUTTLE BERVICE PORT KLANG PENANG L VESSCL VOY SW PKI VESSEL I VOY SW KN j S{* I AUK I 346N 21/12 23/12 <rW) MCC CONVEYOR 4004 23/12 (FW) 25/12 (SUNfe HKG GLORY *****H 23/12 <fRI)
      1,212 words

  • Page 35 Advertisements
    • 944 35 I PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cec Stre6t 03 00 PIL Building, Singapore 0106. I n CR NO: **********0S H 5S5it 1 2?.55 V,TAL /1 17/12 IKOTA MOAH BMMI 20/12 2*/12 1/1 K| H SSIA 1/1 I KOTA INT AN MTON 20/12 *1/11 4/1 Hi *P TA MMNA
      944 words
    • 885 35 KMCIS WT m i* mm iww THAMH hottupw wnmnf MUf OC LISA YOOR 27/12 11/01 20/01 HToi 23/01 24m MLLi DC *LA VMM 05/01 29/01 27/01 5751 Jijfi MILE OC TIT AHA TO7W 14/01 01/02 03/02 05/02 04/02 07/02 mxt k tucai* UO7W 10/oi 00/02 iQ/02 /M fiTii uToi •ALSO
      885 words
    • 544 35 1 BSA itT imir MYANMA M FIVE STAR LINE C (Myanmar National Line) Loadinc for Yanfon (Ranfoon) Sport P.KIf Pen P.Gd| HPA-AN V2OCW hfl AVA YI3IW 26/21 Dtc 30/01 lan SAGAMG V3OW 22/24 OK PAGAN V2ICN 27/29 Ok MAIAYSIA AfiENTS: OOUSTEAD SHPPOK ACENCCS KUI TEL 02 -03-*****00 PU TEL 02
      544 words



  • Page 38 Advertisements
    • 1845 38 TO EUROPE FROM EUROPE feeder 5T"| pew mo no vsl store I lew I rtm I ham I brh 1 fit w rut store mt fusaw kobe shb«u ngo row BSE/DOM 4201/4701 17.12 17.12 KORRKAN 2494 21.12 07.11 0101 00.01 11.01 12.01 W). HONG HONG I*o* 21.12 22.12 20.12 II
      1,845 words
    • 426 38 ASIA PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 23/12 24/12 25/12 HKG/BKK/KEE/KHH Genoa/Barcetoni/Marsrites 22/12 23/12 24/12 27/12 28/12 29/12 HKG/BKK/KEE/KHH G'burc/Chaien/Slwlm/Oslo 25/12 26/12 27/12 30/12 31/12 1/1/95 HKG/BKK/KEE/KHH Piraeus 27/12 28/12 29/12 Rpppi\/|Nr Tfl Ldn/Fli/Rtm/Ant/Ham/Lth 25/12 26/12 27/12 23/12 24/12 25/12 SHANGHAI/DALIAN I iPN/KOREA/MANILA I 1 »I»MEN BtDWG Manila/Ctlw
      426 words

  • Page 39 Advertisements
    • 819 39 l Z MEDITERRANEAN FAR EAST SERVICE I EXPORT: TO E/WMEO IMPORT: FROM MED/EXPORT TO FAR EASTI 'I ntna mm wt "w" cm o um hi lip re km ulc ml bb mmi *n w wt «o tyo on ana Ma-mo 23/12 n/uovoi m/oi 11/11 10/01 17/01 i» 01 20/01 2001
      819 words
    • 268 39 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 125N 24-25/12 30-06/01 11-21/01 I CAPE HERMES 203N 27-28/12 01-07/01 12-13/01 TIGER CAPE 012N 29-30/12 04-11/01 16-17/01 TIGER BRIOGE 313N 0243/01 08-15/01 20-21/01 TIGER BAY 126N 0647/01 12-19/01 24 25/01 TIGER SPEED 314N 11-12/01 17-23/01 28-29/01 VESSEL VOY SIN CALSIN I
      268 words
    • 341 39 I LINE] wbti (MB) see n m w nc us ton mim 20/12 a/u »/u n/(i 12/01 MNM MI«N tl/tl M/»l IS II 17/01 M/ 01 11/11 TVISMS MIW M/tl U/tl 11,01 21/11 N/01 s/momc ruoo vmin lt/oi lt/oi u/oi N/oi 30/01 12/02 ma (W) str wt oc n* mm*
      341 words
    • 419 39 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E PB ETHIOPIAN SHIPPING LINES (National Lines of EtMopia) ACCEPTING FCL AND CONVENTIONAL Vnml Voy ETA Loading For Ipon Abbay Worn 42W8 26/01 Mombasa. Djibouti Asaab. Massawa Abbay Wonz 43W8 28/03 Mombasa. Djibouti Aaaab. Massawa H
      419 words

  • Page 40 Advertisements
    • 38 40 '0MAERSK Sea K Land SINGAPORE TO USA Y ear END LOADER MAERSK ALGECIRAS V. 9501 ETA SIN 31 DEC 1994 ETD SIN 31 DEC 1994 CY CUT-OFF: 30 DEC 1994 2200HRS FOR BOOKINGS, PLEASE CALL OUR HOTLINE: *****30
      38 words
    • 667 40 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. IsJamqala (Doqharun) C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku. Duafcanbt. Irkutak, Khabafo*ak, Kraanoyarak, Koraako*, Moacow. Sochi Novoaotoirak, Taahkent, Tbtliai, Vladi*oatok, Voatochny, ale. N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ville De Lyra
      667 words
    • 764 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0108 Tel: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX; R*****0 BOOKINGS CALL DIRECT LINE; *****41/*****43 JESSICA/CEUA 5 SLGS/WEEK KHlhMJl'll 3 SLGS/WEEK VESSEL VOY SIN |JAK VESSEL I VOV I SIN I SUR PELOPOR 1164 24/12 (SAT) 26/12 (MON)
      764 words

  • Page 41 Advertisements
    • 699 41 wwZ'JV&tmMfwKm WgV'EVERETT ORIENT LINE" 4 JAPAN/BAY OF BENGAL/JAPAN SERVICE t« W ACCEMH6 BMAKBU.K SOC CMGOCS TO/FROM KOBE. YOKOHAMA. NAGOYA. HO*. HMYO*. MANR.A*. DAVAO*. 23 Peoanc* P. Kelang Singapore E'Msia* KARABIEVERETT V2OE 21/29 Dec KAMALEVERETT V24E 14/15 lan 16/17 lan KARABtVERETT V2IE 21/22 Feb ACCEPT VK BREAKBU.K FCI SOC CARGOES TO/FROM
      699 words
    • 179 41 181 GLORY NAVIGATION GBOUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 20/12 26/12 28/12 30/12 GLORY SELATAN X 3/1 10/1 12/1 14/1 SIN KOMPONG SOM GLORY SELATAN VIII 25/12 28/12 SINGAPORE ASEAN TO
      179 words
    • 540 41 jdk PAKISTAN NATIONAL "1 SHIPPING CORPORATION KARACHI BREAKBULK ft CONTAINER SERVICE VtSStL VOY KARACHI MAKRAN 153HW 06/01 16/01 BOtAN 144 m 12/01 22/01 HVDUIABAO 137 HW 07/02 17/02 SARGOOHA 157HW 21/02 02/03 •«t ML CAU CUI Wits SUMC! TO MUCtIMI FAR EAST CONTAINER SERVICE ONLY VtSStL VOY SIN |HKG |BSN
      540 words
    • 674 41 liUHSilliMiliM FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOV ETA SIN ETA MAA TIGER ISLAND VI2SN 24-25/12 30-06/01 CAPE HERMES V 203N 26-27/12 31-06/01 MV PESTOVO V.07 28-29/12 03 04/01 MV SEA DRAGON V DRGO37 29 30/12 04-05/01 MVPRAVOtNSKV.iI 03-04/01 09-10/01 MV BUNGA TERATAI V TERO2S 04-05/01 lO 11/Ol MV.
      674 words
    • 284 41 Si FAR EAST 27/12 KEELUNG/KAOHSIUNG 25/12 BANGKOK 25/12 MANILA/CEBU 25/12 JAKARTA/BELAWAN/SURABAYA 26/12 PORT KELANG/PENANG/E. MALAYSIA 25/12 BUSAN 25/12 TOKYO/YOKO/KOBE/NGO/OSA 26/12 HONG KONG SiN CHINA BD£±#;*P) 26/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN SHANTOU SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 25/12 LDN/FLX/LVP/SOU 25/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN
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  • Page 42 Advertisements
    • 475 42 FIXED k WEEKLY SAILINGS^^^^^^HHk Tel: 2614^ Fax :261-0978 MELBOURNE" lp GP SHIPPING PTE LTD 1 Call: Kenny/Mas/Peter VSI SM FKM MLB sro AUCK IYTT MMTtM I3M 21/12 01/01 05/01 W/01 12/01* C. KMUK 339 27/12 05/01 10/01 14/01 11/01 21/01 IWTIKRFtN 340 15/01 27/01 30/01 05/02 01/02* aiiN HUM 341
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    • 541 42 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SA. GIF CMT Liner Express Agencies Pte Ltd Hot Line i 22-007-22 STAR SHIPPING AGENCIES (S) PTE LTD AGENTS FOR ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (t LINES) FAX: *****70 <ca wo. mmrnm N.AMERICA/CARIBBEAN
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    • 491 42 Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 27 DECEMBER (Accepting lo all N««r Zealand porta) PENANG 30 DEC JAKARTA 25 DEC POUT KLANG 29 DEC MANILA 26 DEC BANGKOK 25 OEC MELBOURNE 27 DEC SYDNEY 27 DEC BRISBANE 03 JAN FREMANTLE 29 DEC 'ACCEPTING TO ALL SCANDINAVIA PORTS KARACHI 26
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    • 926 42 CONSOLIDATION TO LIMASSOL ljd ACCEPIING LCL CARGO AT '"S 1 ATTRACTIVE RATES IS<> O!L QA Transhipment available to Beirut, Lattakia via Limassol da. Call Te at DID: 770 5011 (§j, X for bookings NOW!!! I gdl fh Singapore 778 6522 *****38/*****16 0§ II Also has offices in:- MM AND LOGISTICS
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  • Page 43 Advertisements
    • 1206 43 ISEAMA^RGENTINMJN^^^n CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I I I BIRQIT NABER 003E SAILED 22/01 24/01 30/01 01/02 OS/02 I 20/02 FRANCISCA SCHULTE 003E 22/01 26/02 28/02 06/03 08/03 10/03 I 04/04 FLORA V 007E 13/02 20/03 22/03 28/03 30/03 03/04 I 29/04 EUROPEAN 003E 23/02
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    • 382 43 CEYLON SHIPPING CORPN Notional Line of Sri Lanka DIRECT CONTAINtRIStD StRVICt TO UK AND I NORTH CONTINENTAL PORTS mm. I wt I ilcwlmji—iimi—law I a moiiwiw «iiw a/12 n\ ?i/i 23/1 m/i w wwo« wiw m/u a/i? MP amrog omr 11/12 </i MP MBjg OiJH 7/1 12/1 wwnw 1/1 7/1
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    • 743 43 M r§ II 'HUMBER BRID6E 39W'ETA sgp 26/12/94 II tt NOL. H ETA RDM 15/01/95, FLX 17/01/95. II jr U BRE 18/01/95. LEH 20/01/95 II EXPORT wiaydax cxufoawiA txwma<<ax>%MittMi%■*»aiwjfiiA Wi>a W LOS OAK VAN UT ATI. CCO HOtl MPM PLC TOR MOM CALIFORNIA PEGASUS 27 26/12 14/0t I 16/01 19/01
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  • Page 44 Advertisements
    • 1479 44 AMERICAN PRESIDENT LINES, LTD. 19 HEPm ROAD JIT POH WJILMNG SXGAPOBt 0208 Ttl 225 9966 F«» 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 mmmnmrnm* mmmm wsskly cQM*mmat> ti*vie* 3 Bamia 1 w 1 a I
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    • 649 44 B'K'line^ 'Wishes CCients friends SI Merry Christmas ft MULTILINE SHIPPING PTE LTD black sea shipping co (Ukraine): blasco services I (a member of SINSOV Group) BLASCO: INWARD *****65 OUTWARD *****28 FAX *****26 CR NO: **********0 C ENQUIRIES: *****33 k sl BOOK,NGS: *****64 *****51 *****31 *****13 MAIWNE INSURANCE: *****87 WVENTORY: *****59
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  • Page 45 Advertisements
    • 83 45 HYUNDAI I MERCHANT MARINE CO. LTD. Merry Christmas A Happy New Year To All Our Clients Business Associates n n m Draft-Cargowa ts U° (S) PTE LTD WISHING ALL CLIENTS AND BUSINESS ASSOCIATES A MERRY CHRISTMAS AND BEST WISHES FOR A NEW YEAR AHEAD! FROM THE STAFF AND MANAGEMENT GALL:
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    • 388 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE ROKO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS KSSfI »0Y SJH n LOAOMG FOR BETSY I 24/12 BANGKOK 21/12 HO CHI MM4 31/12 HAWONG 3/1 SAN lOSE ACE 5 25/12 29/12 BAT AM 27/12 AMMKA NXRATNA 3 21/12
      388 words
    • 603 45 JEDDAH/UK/CONTNENT |STORE ICD S TON HBURG ROAM lEH Ahc Accntmi C«n F« n/3M 2/1 Ji<! JM U/1 W1 w dnttukon. Mnt mi DuMn All A# 01/151 21/12 14/1 17/1 19/1 Rotterdam :to at Antwtro Amsterdam Oslo Hefeaii fi S v* X, J? S i\r /351 3 i 2 9/1 11/1
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  • Page 45 Miscellaneous
    • 316 45 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.7 2.2 2.5 2.5 2.4 2.0 1.6 1.3 1.1 1.2 1.4 IS 2.4 2.9 3.0 2.9 2.6 2.0 1.4 1.0
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  • Page 46 Advertisements
    • 36 46 '{>:!-[_).@(&=^!%$<&.+'.'~>`[[, FOLLOWING THE RECENT ANNOUNCEMENT ON 16/12/94 PLEASE BE INFORMED THAT THE TERMINAL HANDLING CHARGE FOR 40' CONTAINER SHOULD READ AS SIN $230.00 ISO SIN $239.00 BRAZIL/FAR EAST/BRAZIL FREIGHT CONFERENCE FAR EAST/RIVER PLATE/ FAR EAST FREIGHT CONFERENCE
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    • 8 46 ClfcT NVE STMENT 1 Tomorrow in Business Times
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