The Business Times, 29 December 1994

Microfilm: NL19754
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 194/12/94 Thursday December 29 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 20.19 points
      113 1 Reuter NEW YORK Wall Street's year-end rally stumbled yesterday as investors took profits after four straight sessions of gains. The Dow Jones Industrial Average was down 20.19 points at 3,841.50 at 1 pm EST. In the broader market, declines led advancing issues by about 12-7
      Reuter  -  113 words
  • Article
    MARKET SUMMARY
    165 1 Stock market indices Wednesday Change STII 2.234.15 +6.90 KLSEComp 975.97 -11.57 Nikkei 19.665.53 -45.83 Hang Seng 8.268.22 -43.66 SET Index 1.363.24 +3.38 Jakarta Comp 469.64 +3.49 CLSA China B 910.44 -4.19 Aust All Ord 1.935.5 +26.2 FTSE 100 3.095.8 +12.4 Wednesday Previous 1pm EST close Dow Jones 3.841.50
    165 words
  • Article, Illustration
    Berjaya Industrial denies liability for derivatives loss
    567 1  -  By Amy Balan SINGAPORE Malaysia's Berjaya Industrial Bhd is the latest of several Asian companies facing potential multi-million-dollar losses from financial derivatives. However, Berjaya Industrial, part of the Berjaya group controlled by tycoon Vincent Tan, has denied any liability and suspended a director
    567 words
  • Article
    Lock icon China plans new laws to protect overseas Chinese investors
    252 1 Reuter BEIJING China's parliament, apparently worried about reports of a growing number of disputes between local officials and overseas Chinese investors, said laws should be enacted to protect investor interests. Some enterprises funded by overseas Chinese have encountered setbacks in management
    Reuter  -  252 words
  • Article, Illustration
    Lock icon It pays to be a finance services CEO: US survey of big earners
    365 1 Bloomberg Business News NEW YORK A record year on Wall Street in 1993 helped chief executives in the financial services industry become the highest paid of any industry group that year, according to a survey by the
    Bloomberg Business News  -  365 words
  • Article
    Limits to open, consultative style of government, says PM's Office
    703 1 SINGAPORE Being open and consultative in governing Singapore has its limits, the Prime Minister's office said yesterday. In a letter released to local newspapers, it said journalists, writers and theatre groups had been pushing back the limits, using their forums
    703 words
  • Article
    Lock icon Washington poised to list US$800m worth of China products for trade sanctions
    514 1 Bloomberg Business News WASHINGTON The Clinton administration expects to name at least US$BOO million (SSI. 17 billion) in Chinese products tomorrow that could be slapped with trade sanctions because of China's failure to curb piracy of US goods.
    Bloomberg Business News  -  514 words
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      125 1 CO-*233: ftemovad* CO Tuner «wth DSP Sound Processor/CO Chtnger Controller Fufrrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****33 Kuala Lumpur: Phone; 757 0233 Penang: Phone; 615 985/619 014 Jakarta: Phone; *****9/*****8 COttTCMTft 1 News Analysis 13 S"pore News 2 Cowpwln Regwnal News ...3.4,5 Spore* sa —15.16 World News
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      9 1 Law: Pg 8 Towards a viable China legal system
      9 words
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      23 1 Hock Lock Siew: pgry I^-CEIVE! lO 2.9 UIL lb; F&N's Ho Chi MirttfCity jwjvc* EDB sees shiprepair leading revival of marine sector, Pg2
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      Page 1 Advertisements Column 4
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      Page 1 Advertisements Column 5
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Manufacturing uses less power
        182 2  -  By Teh Hooi Ling GROWTH in electricity consumption by the manufacturing sector slowed in September. The Public Utilities Board sold about 737.3 million kilowatt hours (kwh) to the sector that month a ycar-on-ycar increase of 8.7 per cent. This compared with ycar-on-year growth of 10.6 per
        Source: PUB  -  182 words
    • Article, Illustration
      EDB sees shiprepair leading revival of marine sector
      526 2  -  Marine Reports by Ramesh Divyanathan THE Economic Development Board yesterday expressed cautious optimism on the outlook for the marine sector next year and said it expects a "boom period for shiprepair" by 1997. In anticipation of this upturn, major yards were already
      526 words
    • Article
      Marine industry set to post 15% growth in output to $3.3b
      323 2 SINGAPORE'S marine industry output is expected to grow 15 per cent to $3.33 billion this year, although most shipyards reported lower margins for repair work. The Economic Development Board (EDB) released these figures yesterday at a briefing on the
      323 words
    • Article
      Toshiba lifting VCR output here by 40%
      394 2  -  From Koichi Ishiyama in TOKYO IN AN attempt to meet rising demand in Asean and elsewhere, Toshiba Corp said it would boost production of home-use videocassette recorders in Singapore by 40 per cent next year. A spokesman for Toshiba said: "This move is
      394 words
    • Article, Illustration
      Lock icon Cuppage Centre stalls get deadline to move out
      228 2  -  By Abdul Hadhi CUPPAGE Centre stallholders have been told to vacate their stalls by next June 30 to make way for a major retrofitting exercise. The Environment Ministry said yesterday that 91 cooked food stallholders and 79 wet market stallholders at Cuppage
      Photo by Chris Loh  -  228 words
    • Article
      Comfort gives subscribers an alternative to taxi queues
      193 2 COMFORT Transportation has launched an executive taxi service which for subscribers could mean the end of long waits for a cab, fishing for change and claiming for taxi expenses. The Executive Taxi Fleet scheme, launched early in December with 500 cabs, is
      193 words
  • Page 2 Advertisements
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      227 2 SINGAPORE 0 v *st£ BusmessTimes WE KNOW ASIA ■DS WORDS GAME Arc you familiar with unit trusts and funds!? This is the last game in our series of Business Times Hidden Words Game. Here's your last chance to win this... Mimote-amti^^radMwithsleeptimerFßEE! In today's game, look for names of Unit Trusts
      227 words
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      23 2 Unable to care for your pet? Call CATS, to place an ad in classification 115. and find it a new home. CATS. 1800-737-1166
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      176 2 Making It Really Work Service Quality Measurement And Quality Models Director of the Service Research Centre, Sweden and author of the book entitled "Quality of Service Making It Really Work" (Mc Graw-Hill Book Publication, 1994) Venue: National Productivity Board, Singapore Date: 12 January 1995 Time: 9.00 am 4.30pm Fee: SGD
      176 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Thailand to cut import taxes on 3,908 items from Sunday
      357 3 Bloomberg Business News BANGKOK Thailand will reduce import taxes on 3,908 items from Jan 1 in an effort to sharpen its companies' ability to compete. The government also seeks to meet terms of the Asean Free Trade Area and the
      Bloomberg Business News  -  357 words
    • Article
      Lock icon Higher Viet import tariffs confirmed
      74 3 Reuter HANOI Officials from Vietnam's Finance Ministry yesterday confirmed local reports that the ministry had decided to increase import taxes on some oil products, television assembly kits and motorcycles. "These reports are correct. The new tariffs will take effect on Jan 1," a ministry official
      Reuter  -  74 words
    • Article
      Lock icon Indonesia expects 4.56m tourists in '95
      63 3 AP JAKARTA Indonesia expects at least 4.56 million tourists next year, Tourism Minister Joop Ave said yesterday. He told reporters that the island resort of Bali would remain the main destination for the visitors. Mr Ave said 4.4 million tourists visited Indonesia this year,
      AP  -  63 words
    • Article
      Lock icon Nuclear power vital: Habibie
      75 3 Reuter JAKARTA Indonesia yesterday said nuclear power was essential to the country's development despite attacks on its nuclear programme by environmentalists. "As far as we can, we should avoid using nuclear power. But to see our economy develop, it seems we cannot avoid it," Research and
      Reuter  -  75 words
    • Article
      Lock icon Indon strikes up 260% this year
      77 3 Reuter JAKARTA Labour strikes in Indonesia more than trebled this year to 1,130 cases because companies failed to meet standard working conditions such as paying the minimum wage, a labour official said yesterday. Iman Sudarwo, head of the executive board of the official All
      Reuter  -  77 words
    • Article
      Lock icon Philippine growth will exceed govt targets in 1995: business group
      316 3 AFP MANILA The Philippines' main business group predicted yesterday economic growth would exceed government targets, posting a gain of between 7.5 per cent and 8 per cent in 1995 due to structural reforms. Manila is aiming for at least 6
      AFP  -  316 words
    • Article, Illustration
      Lock icon Carving a new niche
      60 3 Reuter HANOI Giris making mother-of-pearl decoration for furniture in a workshop at Dong Ky village near here on Tuesday. The workshop used to make modern and cheap furniture for the local market. But since Vietnam's new market reforms, it now turns out ornate traditional furniture favoured
      Reuter  -  60 words
    • Article
      Lock icon Suharto warns of budget lid on development funds
      365 3 Reuter JAKARTA President Suharto yesterday warned that development funds from the nation's forthcoming budget would be limited and he urged officials to avoid fund leakages and spending extravagance. Information Minister Harmoko, quoting the President after a cabinet meeting, said Mr Suharto also
      Reuter  -  365 words
    • Article
      Lock icon Li hails Myanmar's efforts at reconciliation
      283 3 AFP YANGON Chinese Premier Li Peng ended his first visit here yesterday with praise for Myanmar's efforts at "national reconciliation" and a rejection of claims that Beijing wants to expand its influence in the region. Mr Li, only the fourth head of state to
      AFP  -  283 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China to let foreign banks open branches in nine inland cities
      387 4 AFP HONGKONG China plans to allow foreign banks to open branches in nine inland cities under a banking reform programme. Quoting sources at a meeting of the central People's Bank of China, the Hongkong Economic limes reported yesterday that
      AFP  -  387 words
    • Article
      Lock icon Star TV in talks with Beijing officials
      457 4 Broadcaster seeks to get its programmes shown legally on the mainland Bloomberg Business News, Reuter HONGKONG Asian regional satellite broadcaster Star TV says it is in talks with China at various levels in an attempt to get its programmes legally shown there. But
      Bloomberg Business News,; Reuter  -  457 words
    • Article
      Lock icon China's border trade down on price wars, foreign competition
      346 4 Bloomberg Business News HONGKONG Trade across China's border has taken a slide in the past two years on price wars, "chaotic markets" and competition from abroad. Border trade fell by 73 per cent in 1993 to US$5OO million (***** million). Mid-year
      Bloomberg Business News  -  346 words
    • CHINA WATCH
      • Article
        Lock icon Foreign investors sign US$2.5b deals
        80 4 Bloomberg Business News HONGKONG Foreign investors have signed US$2.5 billion (553.7 billion) of contracts in Shanghai in 1994, bringing the total investment to US$lO billion, the Beijing-controlled China News Service reports. From January through November, 953 foreign investment contracts worth U552.47 billion were signed, a
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Chinese want better ties with Taiwan
        97 4 UPI HONGKONG Results of a recent survey show that most mainland Chinese believe ties with their counterparts in Taiwan and Hongkong have improved in recent years, official media reported yesterday. The survey, which revealed mainlanders desire continued improvements in political and economic links with
        UPI  -  97 words
      • Article, Illustration
        Lock icon Designer Ioo
        40 4 Reuter BEIJING Wang Xiaohong's winning design for a toilet design competition in Beijing which includes a make-up area, newspaper stand and special cubicles for old people and children. Construction on the winning designs begins early next year. Reuter
        Reuter  -  40 words
      • Article
        Lock icon Money traders face harsh punishment
        101 4 Reuter SHANGHAI China has warned of harsh punishment against illegal currency-futures trading, which has tarnished the country's financial reputation and raised questions about its credit standing. China has suffered heavy capital outflow as a result of such trades and offenders will be "resolutely investigated and
        Reuter  -  101 words
      • Article
        Lock icon Chemical export plan unveiled
        79 4 AFP BEIJING An ambitious blueprint aimed at boosting China's chemical exports by 50 per cent by the turn of the century was unveiled yesterday by the ministry responsible for the chemical industry. The China Daily, announcing the ministry's plans for 1996-2000, said the goal would be
        AFP  -  79 words
    • Article, Illustration
      Lock icon Making room for a lake
      77 4 Reuter BBBB—J——fi—■wtnr tin m imi i M II ii YICHANG, China A local resident checking bricks here on Tuesday for his new apartment which will be built under the Three Gorges Dam resettleuMat programme. The success of the dam, the world's largest water control project,
      Reuter  -  77 words
    • Article
      Lock icon Beijing orders strict measures to control prices
      483 4 AFP BEIJING China's cabinet has issued a circular ordering strict measures to control prices in the run-up to the Spring Festival in a bid to prevent a further surge in inflation, reports said yesterday. The State Council circular said state-run enterprises must take
      AFP  -  483 words
    • Article
      Lock icon Chinese official sees balanced trade in '95
      302 4 Knight-Ridder HONGKONG A senior Chinese official forecast the country's trade would be balanced in 199S despite the rapid growth in exports this year, the official English-language China Daily reported on Tuesday. Qiu Xichun of the Ministry of Foreign Trade and Economic Cooperation reportedly
      Knight-Ridder  -  302 words
    • Article
      Lock icon Dangerously shoddy goods flood Chinese market
      164 4 AFP BEIJING Dangerously shoddy goods are still flooding the Chinese market, despite new laws aimed at protecting consumers, a parliamentary vice-president complained yesterday. Ni Zhifu, a vice-president of the National People's Congress, told China Daily that a recent inspection tour of five provinces by
      AFP  -  164 words
    • Article
      Lock icon China to transfer 2 million pen-pushers in move to trim govt
      409 4 UPI BEIJING China's ruling State Council plans to streamline the bloated government next year, sweeping some two million bureaucrats into industry and service sector jobs, the official media said yesterday. The move was initiated in 1993 during the March
      UPI  -  409 words
    • Article
      Lock icon Chinese contraband haul doubles to 4.5b yuan
      386 4 AFP BEIJING Seizures of smuggled goods in China have doubled this year, a report said yesterday as officials warned the scourge of trafficking was threatening the country's economic reforms. China Daily reported that customs seizures from January to November this year were worth
      AFP  -  386 words
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  • REST OF ASIA
    • Article
      Lock icon Japan's current account surplus jumped 15.4% in November
      439 5 Reuter TOKYO Japan's politically sensitive current account surplus in November jumped 15.4 per cent from a year earlier, rising for the first time since June, but economists said the surplus may resume falling soon. The Finance Ministry announced earlier yesterday that Japan's
      Reuter  -  439 words
    • Article, Illustration
      Lock icon No monetary policy change until capital investment recovers, says new BOJ chief
      444 5 Bloomberg Business News TOKYO The Bank of Japan will not make any changes in its monetary policy until statistics clearly show a recovery in oorporate spending on plant and equipment, Yasuo Matsushita, the central bank's new governor, said
      Bloomberg Business News  -  444 words
    • Article
      Lock icon Major Japanese firms axe 128,000 jobs to cope with recession
      257 5 AP TOKYO Major Japanese companies have eliminated a total of 128,000 jobs over the past year in cost-cutting efforts to cope with the lingering recession, according to a survey published yesterday. Layoffs were rare, and most cutbacks were accomplished through
      AP  -  257 words
    • Article
      Lock icon Rao's reform plans unshaken despite poll rout: analysts
      284 5 AFP NEW DELHI India's ruling Congress (I) party is tinkering with its economic reforms to make them more attractive to voters, but its essential commitment to liberalisation remains unshaken, analysts here say. Prime Minister PV Narasimha Rao's increasingly defiant foes in the
      AFP  -  284 words
    • ASIA NOTES
      • Article
        Lock icon Japanese mergers up 20.9%
        82 5 AFP TOKYO The number of mergers and acquisitions involving Japanese companies in calendar 1994 rose 20.9 per cent from the previous year to 490 cases, Daiwa Securities Co Ltd said on Tuesday. The data was based on a Daiwa survey of merger and acquisition deals which
        AFP  -  82 words
      • Article
        Lock icon India set to attract US$6b in funds
        66 5 Bernama NEW DELHI India is likely to pose a competitive threat to other Asian markets in 1995, according to Asia Pacific Equity Research of Salomon Brothers. The India market is likely to attract nearly US$6 billion (SSB.7 billion) in 1995, while the total
        Bernama  -  66 words
      • Article
        Lock icon NTT ordered to share phone lines
        68 5 Bloomberg Business News TOKYO Japan's Ministry of Posts and Telecommunications has ordered leading domestic telecommunications company Nippon Telegraph and Telephone Corp to allow competing carriers to use its local phone lines, the Nihon Keizai's electronic news service reported yesterday. It said the ministry acted
        Bloomberg Business News  -  68 words
      • Article
        Lock icon India's jewellery exports rising
        59 5 Bloomberg Business News NEW DELHI India is expected to export US$75O million (Ssl.l billion) worth of jewellery in 1995, up 50 per cent from about US$5OO million this year, Xinhua news agency yesterday quoted the National Herald newspaper as saying. The 1994 export figure was itself
        Bloomberg Business News  -  59 words
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  • THE WORLD
    • Article
      Lock icon US new construction contracts up by 3% in November
      409 6 Bloomberg Business News NEW YORK The value of new construction contracts in the United States rose in November as a surge in commercial property building offset a decline in housing construction, according to F W Dodge. The McGraw-Hill Inc division said
      Bloomberg Business News  -  409 words
    • Article
      Lock icon More homeless in US than suspected
      222 6 AFP WASHINGTON A new study says 13.5 million people in the US have been homeless at least once in their lives, suggesting that the phenomenon is greater than believed. The Columbia University study appearing in yesterday's edition of the American Journal of Public Health
      AFP  -  222 words
    • Article, Illustration
      Lock icon Getting set for War of the Roses 1995
      65 6 Reuter PASADENA, California Puerto Rico's Noe Altabano on Tuesday adding yellow straw to flower blossoms that will decorate the island-state's float entry in the 106 th Tournament of Roses Parade. The annual event, which draws participants from all over the world, takes
      Reuter  -  65 words
    • Article
      Lock icon Business confidence in UK recovery slips to lowest in two years
      249 6 FT LONDON The "feel bad" factor among consumers that has been souring the UK recovery may now be spreading to the business community. The latest bi-monthly survey by the Institute of Directors, published on Tuesday, showed that business confidence
      FT  -  249 words
    • Article
      Lock icon Industry names top new drugs in development
      184 6 Bloomberg Business News WASHINGTON Drugs to treat or ease the symptoms of chicken pox, Alzheimer's disease, arthritis, cancer and strokes were among the most significant in development during 1994, a drug industry group said on Tuesday. Two of the products identified by the
      Bloomberg Business News  -  184 words
    • Article
      Lock icon Spectre of rising rate casts shadow over Canada's economy
      304 6 Reuter OTTAWA Canada's robust economy, powered by strong exports to the United States, could cool in the new year as higher interest rates dampen growth on both sides of the border, economists said. After shrinking for the first two years of
      Reuter  -  304 words
    • Article
      Lock icon German industries remain sceptical about recovery
      404 7 Reuter BONN Major German industry groups remain dubious over how strong the country's economic recovery will be, according to a poll by the IW economic research institute published yesterday. After questioning 41 federations representing industries including cars, steel, energy, aerospace, chemicals, electronics and construction,
      Reuter  -  404 words
    • Article
      Lock icon Russians renew air strikes on Chechnya
      255 7 AP MOSCOW Russian planes began bombing Chechnya again yesterday after its rebel government refused President Boris Yeltsin's offer of peace talks, a news agency reported. The Itar-Tass news agency said Russian combat aircraft delivered a missile strike on the outskirts of Grozny, the Chechen
      AP  -  255 words
    • Article, Illustration
      Lock icon Italian parties support non-partisan government to replace Berlusconi
      334 7 AP ROME Support for a nonpartisan government to replace caretaker premier Silvio Berlusconi grew among Italian parties yesterday, as President Oscar Luigi Scalfaro continued talks to end the country's political crisis. Umberto Bossi, leader of the Northern League whose defection from the
      AP  -  334 words
    • Article
      Lock icon European Union to be bigger and richer from Jan 1
      238 7 Reuter BRUSSELS The European Union will become 15-strong on New Year's Day, embracing Austria, Finland and Sweden, and becoming a bigger and richer match for its trading partners. As midnight tolls the Union will spread its wings northwards along Finland's
      Reuter  -  238 words
    • Article, Illustration
      Lock icon Plight of the Kenyans
      52 7 Reuter MWIDANI, Kenya A family with their only belongings arriving at their new make-shift shelter on Mwidani Farm on Tuesday, after they were moved from Maela Camp where thousands of Kenyans displaced in ethnic violence have lived for months. Aid workers have expressed concern over their
      Reuter  -  52 words
    • Article
      Lock icon Judge rejects Banesto ex-chairman's appeal against remand
      459 7 Reuter MADRID A judge yesterday rejected an appeal by the former chairman of Spanish bank Banesto against a high court decision to remand him in prison on fraud charges. High court judge Manuel Garcia Castellon rejected the appeal lodged by lawyers representing Mario
      Reuter  -  459 words
    • WORLD WATCH
      • Article
        Lock icon Clinton most admired man: new poll
        108 7 Reuter NEW YORK President Bill Clinton is the most admired man in America and first lady Hillary Rodham Clinton tied with Nobel Peace Prize winner Mother Teresa as the nation's most admired woman, according to a new poll. The CNN/USA Today poll of 1,016
        Reuter  -  108 words
      • Article
        Lock icon Germany revises deficit figure
        89 7 Reuter FRANKFURT The Bundesbank said Germany had a September balance of payments deficit of 4.8 billion marks (554.4 billion), revising the previous figure of 5.2 billion reported by the Federal Statistics Office last month. The central bank's figures showed the September trade surplus unchanged at 5.8
        Reuter  -  89 words
      • Article
        Lock icon More people living in Texas
        104 7 AFP WASHINGTON Texas became the second most populated state in the union in 1994, behind California but ahead of New York, the Census Bureau announced on Tuesday. As of July 1, some 18.4 million people lived in Texas, outstripping New York's 18.2 million, but still
        AFP  -  104 words
      • Article
        Lock icon UK economy growing steadily
        97 7 AFP LONDON The British economy is growing steadily and is being driven by corporate activity, according to a report from six aides to the Chancellor of the Exchequer Kenneth Clarke, the treasury said yesterday. The advisers said that the rate of growth in the third quarter,
        AFP  -  97 words
    • Article
      Lock icon Republicans have sights set on trimming government spending
      375 7 Los Angeles Times WASHINGTON They brandish the banner of a reborn Reagan revolution, but congressional Republicans say they are determined not to make the mistake the Gipper did in 1981: cutting taxes without also cutting spending enough to spare the government from
      Los Angeles Times  -  375 words
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      1546 6 COMMONWEALTH BANK OF AUSTRALIA AMD CONTROLLED ENTITIES Annual Report for the Year Ended 30th June 1994 Balance Sheets aa at 30 June 1994 Statement Of Profit And Loaa For The Year Ended 30 June 1994 ECONOMIC ENTITY CHIEF ENTITY ECONOMIC ENTITY CHIEF ENTITY 1 «g 1994 1993 1994 1993 W
      1,546 words
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      Page 7 Advertisements Column 2
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon Private Chinese law firms push bounds of autonomy
      695 8  -  Tiffany Bown says the shift to a market economy is forcing China towards a viable legal system Tiffany Bown AFP IN A COUNTRY where law remains subservient to politics, young Chinese lawyers like Zhang Yongtao are pushing the bounds of autonomy by
      AFP  -  695 words
    • Article
      Lock icon Confession doesn't pay off for corporate America
      767 8 US companies that cooperate with environmental agencies are being fined for their pains Bloomberg Business News WMX Technologies Inc executives uncovered the mess at their landfill near Erie, Pennsylvania, on their own. A routine July 2, 1990, review revealed that workers at the
      Bloomberg Business News  -  767 words
  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Lock icon Researchers use DNA to solve maths problem
      628 8  -  A calculating device that uses the genetic code would be a billion times more energy efficient, says Robert Lee Hotz Robert Lee Hotz Los Angeles Times Researchers have found a way to use the language of life itself the spiral string of DNA
      Los Angeles Times  -  628 words
    • Article, Illustration
      Lock icon Creepy-crawlies may yield life-saving drugs
      644 8  -  Ben Hirschler in London says some odious creatures offer real survival tips Ben Hirschler Reuter SCIENTISTS are studying a bizarre menagerie of creatures including frogs, toads, snakes, flies, leeches and sharks in the search for new medicines. Chemicals found in their bodies may help treat
      Reuter  -  644 words
    • IN TAKES
      • Article
        Lock icon New treatment for near-sightedness
        85 8 NYT CALIFORNIA Keravision, a company in Fremont, California, recently patented a new surgical procedure to correct near-sightedness. In Keravision's new technique, a thin plastic ring is implanted through a small incision just beneath the surface of the eye tissue and at the periphery of the cornea.
        NYT  -  85 words
      • Article
        Lock icon Look ma, no iron
        121 8 NYT CINCINNATI John A Dahman, a mechanical designer in Cincinnati, has come up with a novel way to iron cotton pants without actually using an iron. Mr Dahman's technique uses a plastic disc slightly larger than the waistband of an averagesize pair of pants. The disc
        NYT  -  121 words
      • Article
        Lock icon A head of information
        66 8 UPI SAN DIEGO Drug testers may increasingly ask for a piece of hair instead of a urine sample to analyse, though little is understood about how drug remnants wind up in the hair, University of Arizona researchers said recently. While urine analysis can already provide information
        UPI  -  66 words
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  • SPORTS
    • Article, Illustration
      Lock icon Knicks coach Riley's worst losing streak ends with win over Nets
      683 9 AP EAST RUTHERFORD, New Jersey The worst losing streak of Pat Riley's coaching career ended at five games when the New York Knicks beat the New Jersey Nets 99-91 on Tuesday night behind John Starks' first 20-point game in
      AP; Reuter  -  683 words
    • Article
      Lock icon Race leader Tasmania charges towards record
      431 9 Reuter SYDNEY Maxi ketch Tasmania had both spinnakers hoisted and was charging towards a race record in the 50th Sydney-to-Hobart yacht race yesterday. With less than 225 km to Hobart, the race leader was in the same position as US maxi Kialoa when she
      Reuter  -  431 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        241 9 AP AP NEW YORK A federal agency and federal courts will decide the legality of US Major League baseball owners' cap for player salaries. Players on Tuesday began their attempt to overturn the cap, filing an unfair labour practice charge against owners with the National Labour Relations Board. Players
        AP  -  241 words
      • Article, Illustration
        Lock icon Boxing
        80 9 AP LAS VEGAS Two-time heavyweight champion Evander Holyfield will get to fight in Nevada again if the state athletic commission accepts the recommendation of its medical advisory board. Holy field's licence to fight in Nevada was suspended after he was diagnosed with a minor heart problem. The five-member medical
        AP  -  80 words
      • Article, Illustration
        Lock icon Basketball
        54 9 AP NEW YORK NBA Tuesday's games: New York 99, New Jersey 91; Orlando 103, Miami 83; Milwaukee 98, Detroit 88; LA Clippers 95, Chicago 92; Phoenix 119, Dallas 118; Houston 105, Atlanta 93; San Antonio 119, Charlotte 108; Indiana 95, Denver 91; Golden State 129, LA Lakers 105; Sacramento
        AP  -  54 words
      • Article, Illustration
        Lock icon Cricket
        132 9 Reuter MELBOURNE Scoreboard on the fourth day of the second Test between Australia and England yesterday: Australia first innings 279; England first innings 212. Australia sccond innings (overnight 170 for three): M Taylor Ibw Gough 19 M Slater st Rhodes b Tufnell 44 D Boon Ibw DeFreitas 131 M
        Reuter  -  132 words
      • Article
        Lock icon Ice hockey
        108 9 AP NEW YORK With no talks scheduled and not so much as a phone call exchanged between the main negotiators on Tuesday, prospects for saving the NHL season appeared as bleak as ever. "We are in the final seconds, there is no doubt about it," Brian Burke, the
        AP  -  108 words
      • Article, Illustration
        Lock icon Volleyball
        57 9 AFP TOKYO Two Japanese women volleyball stars, fired by their home team over a scandal involving their coach, will join the major Italian professional club Ancona. Motoko Obayashi, 27, and former teammate Tomoko Yoshiwara, 24, will play for Ancona for the rest of the season due to end on
        AFP  -  57 words
    • Article, Illustration
      Lock icon Heavy weight task
      40 9 Reuter TOKYO Sumo grandchampion Akebono, American Chad Rowan, using a pestle as he pounds steamed rice to make rice cakes, a standard New Year delicacy, in preparation for the holidays at his sumo stable here yesterday. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Australian pacemen speed England towards fresh rout
      615 9 AFP MELBOURNE Australian pacemen Craig McDermott and Damien Fleming hammered speedy nails into England's coffin yesterday to push their rivals to the brink of a fresh defeat in the second Test. England collapsed to 79 for four by the close of the fourth
      AFP  -  615 words
    • Article
      Lock icon Dallas Cowboys and San Francisco 49ers in the limelight this year
      672 9 AP NEW YORK The year began just like 1993, with the Dallas Cowboys beating the BufTalo Bills handily in the Super Bowl, a 31-13 victory that marked Buffalo's record fourth straight loss in the championship game of the American
      AP  -  672 words
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      1667 10 NflthilMf Hfcjyfl WHERE TO WINE, DINE AND ENTERTAIN F«IWO or Come To Plaza Hotel For A Heart-Warming Family Christmas Cafe Plaza Christmas Karaoke Hi-Tea Dec *94 1/2 Jan '95) Adult: $22 Child: $16 Christmas Hi-Tea (24/25/26/31 Dec "94 1 Jan '95) Adult: $16 Child: $11 BANQUET ROOM Children's Christmas Party
      1,667 words
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  • LIFESTYLE
    • Article
      Lock icon Looking back on a weird and wacky year of wonder
      504 11 Reuter RAISE a glass at New Year to the condom that plays Beethoven and the flatulence activists who say breaking wind is healthy. A little indelicate? Then crack open the bubbly for the guard dog that was stolen, the cat
      Reuter  -  504 words
    • Article, Illustration
      Lock icon Slim pickings for the Oscars
      842 11  -  Vernon Scott looks back on the year's selection of movies and finds few worthy of the golden statuette despite the hefty box-office takings Vernon Scott UPI WHAT a terrible year for the Oscars. Not in recent or ancient memory have there been fewer motion pictures
      UPI  -  842 words
    • Article, Illustration
      Lock icon Mum's the word for Sarandon
      323 11 CHATTERBOX AP AP AP THE oldest of nine siblings. Susan Sarandon drew on her own childhood experiences for her two latest movie roles playing mothers of large broods. In Little Women, which opened over Christmas. Sarandon is Marmee, a mother of four girls. In Safe
      AP; Reuter  -  323 words
  • Page 11 Advertisements
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      311 11 r H I r lDil 1 UQJ oide English Eating House I I 277 Orchard Rd #02-38 Specialists' Centre S (0923) 1 I I $2= CBD PASS! J WLM When you spend $25/- or more at Fosters for lunch ■P or afternoon tea from Mon-Sat, show us your valid |f
      311 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1127 11 1 TV RADIO The War the lite together disin- 6B W Fandango, 8.30pm. Ch 5 U W\ l Its 1971 Kevin Costner and \j[ Judd group 1993 film was the longest running Malav movie. It stars So- When a marriage goes sour all hell breaks loose as in fia Jane
      1,127 words
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  • Article
    Sound and fury: China in Gatt
    477 12 EDITORIAL WHEN China's bid to re-enter Gatt after a four-decade absence floundered on the negotiating table last week, a Chinese foreign ministry spokesman remarked that it would be unwise to exclude from Gatt a country with a population of 1.2 billion and a trading
    477 words
  • WHAT THE OTHERS SAY
    • Article
      Better quality with more rules
      244 12 IN A LETTER to the Forum page last week, a reader asked for changes to be made to corporate laws that would require more disclosure from private exempt companies, more frequent reporting by public companies and directors to file for protection once their companies are
      244 words
    • Article
      OIC must act firmly
      93 12 THE Air France hijack drama is another example of terrorism by Muslim fundamentalist groups that give Islam a bad name. The irony is that the subject of terrorism and Muslim fundamentalism was among those discussed during the recent Organisation of Islamic Countries (OIC) summit. After all
      93 words
    • Article
      Ready for the world
      152 12 SOUTH KOREA is the Asian country which has created the most number of prime ministers and cabinet ministers, next to Japan. However, changes to the Seoul government this time are slightly different from those in the past. Besides implementing a sweeping cabinet reshuffle, President Kim Young
      152 words
    • Article
      Tackle road congestion quickly
      147 12 TRAFFIC CONGESTION was the underlying rationale for bringing into being a network of transportation that would serve the city and its suburbs to a point where its very convenience would undermine the use of cars, at least within the city limits. Hence, should the congestion not
      147 words
    • Article
      Don't sweep it under the carpet
      154 12 NOTHING stands to be gained from the government's "success" in averting a humiliating censure debate over the land reform scandal. By denying the opposition a chance to present its case in parliament, the government has deepened and solidified public mistrust of its honesty. If
      154 words
  • Article, Illustration
    Power games being played in earnest in Tokyo
    814 12  -  Anthony Rowley reports on recent goings-on in Tokyo as bureaucrats seek to protect their turf and politicians join in the action for their own reasons Anthony Rowley The writer is BT's Tokyo Correspondent BATTLE between Japanese politicians and bureaucrats for power over
    814 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      131 12 (Nomine, mno ljhu fow's Tup f 9>M€.'s lmßiTtsn rue U)HM"SPU_THIS 'IX>N<jr) W.OtO ■-J J Of CMSTuita NONSENSE? Is V 7 lfvdy J a Ho»NOvei. nut POONESBURY GARRY TRUDEAU M IST METSLLYOU UJHY IM6CHNGTO BESEEM CN TTISNTJJSTAFASHIW I tStfTTHAT MAYBE. BUT 6ernN6/HYoumr television all over oace-rrsACAFseR putting a Tmvrepof \f? RIGHT
      131 words
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  • ANALYSIS
    • Article, Illustration
      US-China ties: a hardening of attitudes
      1442 13  -  Leon Hadar discusses the political and economic factors causing a growing rift between Washington and Beijing. In the other article, David E Sanger examines the Clinton administration's plans to sell off government functions to pay for proposed middle-class tax cuts Leon Hadar David E
      1,442 words
    • Article
      Lock icon Those privatisation ideas: money-savers or big risks?
      899 13 NYT THE Democrats have spent 60 years increasing the size and the power of the US federal government, but as President Bill Clinton looks for ways to pay for his middle-class tax cuts, he is turning to a tactic drawn from the Republican
      NYT  -  899 words
  • Page 13 Advertisements
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      30 13 SELLING POINT If ever you have to sell ice to the Eskimos, let us offer you a pointer or two. Advertising 8c Marketing. Every Friday. Business Times WE KNOW ASIA
      30 words
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  • Article
    Lock icon Tokyo banks spend 2 trillion yen to get bad loans off their books
    408 14 AFP TOKYO Japanese city banks have spent 2.07 trillion yen (5530.1 billion) in getting bad loans off their books since March last year with Mitsubishi Bank Ltd leading the pack, a news agency said yesterday. Jiji Press
    AFP  -  408 words
  • Article, Illustration
    Lock icon Frosty Santa's warm New Year welcome
    39 14 Reuter MOSCOW A giant figure of Santa Claus, in Russia called Grandfather Frost, greeting people in Moscow's Gorky Park yesterday. Russians traditionally celebrate the beginning of the New Year on Dec 31. Reuter
    Reuter  -  39 words
  • Article
    Lock icon Two dead as major earthquake strikes northern Japan
    342 14 AFP TOKYO A major earthquake measuring 7.5 on the Richter scale hit northern Japan yesterday, killing at least two people and injuring scores. Roads were closed and trains stopped, while several small tidal waves hit the coast, reports said. The two dead
    AFP  -  342 words
  • Article
    Lock icon Top Japanese trade ministry official quits
    231 14 AP TOKYO After months of heated discussion about the role of politics in Japan's bureaucracy, the top civil servant in the powerful trade resigned yesterday six months before his term ended. Hideaki Kumano denied that his resignation from the Ministry of International Trade and
    AP  -  231 words
  • Article
    Lock icon Bangladesh opposition resigns in mass protest
    308 14 Reuter DHAKA Bangladesh's opposition legislators, cheered on by thousands of supporters, marched to parliament yesterday evening to resign en masse the latest and most dramatic move in their campaign to force the government to quit. "We have tried our best but without any results.
    Reuter  -  308 words
  • Article, Illustration
    Petrochem plant ignites Indon tariff protection debate
    832 14  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is a BT correspondent in Jakarta EVEN in Indonesia, where business and politics are often intertwined, an industrial plant producing ethylene, propylene and polyethylene seems an unlikely candidate to grip the national imagination. And
    832 words
  • Article
    Lock icon Dissent over Europe tearing Tories apart: Major
    393 14 AP LONDON Prime Minister John Major, in a bleak New Year message to supporters, said divisions over Britain's relations with Europe threaten to destroy his governing Conservative Party. In the message, released by party headquarters yesterday, Mr Major added: "Our record is at
    AP  -  393 words
  • Article
    Lock icon Suharto urges state firms to gear up for listings overseas
    243 14 AP JAKARTA President Suharto said yesterday more state-owned companies should gain listings on overseas stock markets to earn foreign exchange for national development programmes. But first, they must improve efficiency and productivity besides spending public funds prudently, Mr Suharto told
    AP  -  243 words
  • Article
    Lock icon Clinton names Glickman as Agriculture Secretary
    268 14 Bloomberg Business News WASHINGTON President Bill Clinton yesterday nominated departing Kansas Representative Dan Glickman. a key leader in Congress on farm policy, to succeed Mike Espy as Secretary of Agriculture. A Democrat defeated in the Republican sweep of congressional seats in November, Mr Glickman
    Bloomberg Business News  -  268 words
  • Page 14 Advertisements
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      56 14 You A J [SE SIS Hl® El Jm Happy 4b Year 1 See you at our outlets! Superfine Persian Carpets and Year-end Gift items. CAMELOT Palais Renaissance #B 1-01/04 Tel: 738 9862 #01-35 Change Alley Tel: 535 8018 GENESIS CRYSTALS #01 -01 OUB Centre Tel: 532 4510 "1 Scotts Rd
      56 words
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      Page 14 Advertisements Column 2
      28 14 Cor: Tel: 211 7CSS I r- y ij <j 7o g Q I Communication* Equipment Co Rte Ltd I UA i bid I 0J U I Quality Service
      28 words
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  • COMPANIES & MARKETS
    • Article
      DBS Land takes 30% stakes in Shanghai, Selangor projects
      451 15  -  By A J Leow SINGAPORE DBS Land yesterday said it had taken 30 per cent stakes in two separate multi-million dollar overseas developments one in Shanghai, China, and the other in the state of Selangor in Malaysia. The Shanghai project is
      451 words
    • Article, Illustration
      Lock icon Rashid Hussain, Daewoo in M$650m project
      415 15  -  Reports from Ruth Wong in KUALA LUMPUR FINANCIAL services group Rashid Hussain Bhd (RHB) and Korea's Daewoo Corporation will develop a Ms6so million (Ss37l million) mixed commercial project just outside of Kuala Lumpur's Golden Triangle. The project will be undertaken by RHB's 80 per
      Reuter  -  415 words
    • Article
      RHB interim profit up 70% despite market slowdown
      190 15 FINANCIAL services group Rashid Hussain Bhd (RHB) has reported a M$ 141.69 million (5580.97 million) net profit for the six months to Nov 30 a 70.5 per cent increase on the previous first half. Turnover also rose by 13.2 per cent to
      190 words
    • Article
      Will F&N see results in Ho Chi Minh City?
      924 15  -  HOCK LOCK SIEW Lee Han Shih SINGAPORE Is Fraser Neave in Ho Chi Minh City? And if it is, when is its investment likely to contribute to the bottom line? These questions were raised at F&N's latest half-yearly briefing last week,
      924 words
    • Article
      San Teh setting up China factory to produce canned Oolong tea
      280 15  -  By Teh Hooi Ling SINGAPORE The world s largest rubber keypads maker, the San Teh group, is venturing into the food and beverage business in China. For a start, it is investing US$2.4 million (553.5 million) to produce canned
      280 words
    • Article
      Sunshine Allied sells back premises to JTC for $14.5m
      180 15 SINGAPORE Food company Sunshine Allied Investments is selling back its premises in Tanglin Halt to Jurong Town Corp (JTC) for $14.5 million. In a statement yesterday, Sunshine Allied said it had accepted a conditional ofFer from JTC for the property classified
      180 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 15 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 Ne*• Court. W! Carr and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        118 15  -  Quak Hiang Whai CITY Developments has made very good gains this month and is facing some resistance as it nears $9. The daily RSI has reached a two-month high and appears to be losing ground. Daily stochastic and MACD also suggest that caution would be in order. The
        118 words
    • COMPANIES
      • COMPANY BBIEFS
        • Article
          Chia distributes Long Homes shares
          54 16 SINGAPORE Jack Chia-MPH distributed its final dividend for the year ended March 31. 1994. yesterday in the form of one Long Homes share for every 10 JC-MPH shares held. Trading of shares of Australia-listed Long Homes, a wholly owned JC-MPH subsidiary, will start on on
          54 words
        • Article
          Sembawang executive moving to RDC
          24 16 SINGAPORE Sembawang Industrial's executive vice-president Chan Choong w ill become managing director of Resources Development Corp from Jan 1.
          24 words
        • Article
          Polytek Wearnes issue approved
          51 16 SINGAPORE The stock exchange has given in-principle approval to Polytek Wearnes' issue of 146.1 million new shares at 51.45 apiece to WBL and vendors of O'Connor's Holdings. The issue is part of parent WBL Corp's plan to inject six profitable firms into loss-making Polytek for $231
          51 words
        • Article
          Omni Mold gets nod for deals
          48 16 SINGAPORE Omni Mold has received conditional approval from shareholders to enter into related-party transactions with local company Omni Plastics and Taiwan's Hon Yi Steel Mold. Such transactions are limited to $100,000, must comply with internal procedures and must be authorised by directors.
          48 words
        • Article
          Green light for SAe sales
          29 16 SINGAPORE Singapore Aerospace has received approval from shareholders to sell loss-making subsidiaries SA Manufacturing and California Avi-tron to Singapore Technologies Ventures for 552.7 million.
          29 words
        • Article
          CityDev lifts Elishan stake
          80 16 SINGAPORE City Developments has bought two million $1 ordinary shares in Elishan Investments Pte Ltd for $5.10 apiece, or a total of $10.2 million. The move lifts CityDev's stake in Elishan by 20 per cent to 50 per cent. Elishan owns the Plaza by the Park
          80 words
      • Article
        Lock icon Telkom to go public early next year: Indon minister
        140 16 Knight-Ridder SINGAPORE Telekomunikasi Indonesia (Telkom) planned to sell some of its shares on domestic and foreign stock exchanges, the Jakarta Post said yesterday, quoting Tourism, Post and Telecommunications Minister Joop Ave. The firm, which provides domestic telephone services, plans to make
        Knight-Ridder  -  140 words
      • Article
        Lock icon DCB Holdings to be listed on KL bourse today
        419 16 Bernama KUALA LUMPUR DCB Holdings Bhd, the new holding company for Development Commercial Bank Bhd and its six subsidiaries, will be listed on the main board of the Kuala Lumpur Stock Exchange today. At a press conference yesterday, chief executive officer
        Bernama  -  419 words
      • Article
        Lock icon KL exchange expected to pick up in six months
        227 16 Bernama KUALA LUMPUR The local bourse, currently undergoing a sharp correction, is expected to pick up within six months, according to TA Enterprise Bhd's chief. "It is set to improve in months to come and the volume traded on the Kuala
        Bernama  -  227 words
      • Article, Illustration
        Lock icon Little cause for cheer
        49 16 Reuter JAKARTA An Indonesian stockbroker carrying a balloon and trumpet takes an order via a mobile telephone during the Jakarta stock exchange's last trading day yesterday. The market, which has performed poorly this year, will be closed until next Monday during New Year holidays. Reuter
        Reuter  -  49 words
      • Article
        Lock icon A&M Realty's shares oversubscribed 36 times
        423 16 Bernama KUALA LUMPUR A&M Realty Bhd's 9.71S million shares for public subscription were oversubscribed 36.13 times, when 214,749 applications for 360.69 million shares were received, said MIDF Consultancy and Corporate Services Sdn Bhd general manager, Mohd Shuib Abd Ghani. Speaking at the balloting for
        Bernama  -  423 words
      • Article
        Lock icon 12 more firms eligible for KLSE main board
        427 16 NST KUALA LUMPUR The recent relaxation of migration rules by the Securities Commission (SC) has effectively given 12 more companies now listed on the Kuala Lumpur Stock Exchange (KLSE) second board the option to seek a transfer to the main board. While
        NST  -  427 words
      • Article
        Insas chief keeps quiet on plans for Ayer Molek
        377 16  -  From Ruth Wong in KUALA LUMPUR INSAS Bhd managing director Thong Kok Khee remains tight-lipped on his company's plans for its 20 per cent associate Ayer Molek Rubber Co Bhd. In October, the finance and property-based group bought 360.000 Ayer Molek
        377 words
      • Article
        Lock icon Wing Tiek to tap rights issue for Philippine acquisition
        421 16 MBT KUALA LUMPUR Wing Tiek Holdings Bhd will raise funds from a fresh rights issue to pay part of its MS 1.15 billion (*****.65 million) acquisition of the Philippines National Steel Corporation (NSC). Executive chairman Lew Sip Hon told newsmen after
        MBT  -  421 words
      • Article
        UNIT TRUSTS & FUNDS
        563 16 UNIT TRUSTS FUNDS Managers' prices Dec 29 US Gr Fund 0.9$ 0 98" Singapore Unit Tnist DOB Asset Mgt Ltd The Commerce 1.65 1.7$ Unifund 1.43 1.49 The Savings Fund 160 1.69 Umbond 1.04$ 1.07 S pore Prog Fund 0.61 0.6$ Untied Gr Fund' 1.70 1.77 S pore Sec Fund
        563 words
      • Article
        Lock icon Japan exchanges to ease rules to attract companies, investors
        333 17 Bloomberg Business News TOKYO Japans stock exchanges will loosen restrictions on the number and types of stocks that can be traded in the hope of attracting more companies and investors to the ailing markets. "The development of new businesses is essential
        Bloomberg Business News  -  333 words
      • Article, Illustration
        Lock icon Time for celebration
        46 17 Reuter SEOUL Traders on the bourse here celebrating the end of the 1994 trading year yesterday. The market closed 20.8 per cent higher than 1993 with a record capitalisation of U*****.59 billion (*****.1 billion), a rise of 46 per cent over 1993. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Big Japan toymaker to cut ties with small wholesalers
        457 17 Bloomberg Business News TOKYO The big Japanese toymaker Bandai Co said on Tuesday it will sever ties with small wholesalers in response to price competition triggered by US-based retailer Toys 'R' Us Inc. The move is part of a broader erosion
        Bloomberg Business News  -  457 words
      • Article
        Lock icon Tokyo set to leap into the multimedia age via tie-ups with US firms
        832 17 MARKET WATCH Bloomberg Business News TOKYO When Apple Computer Inc chose Japan for the recent launch of its latest push into multimedia, it may have been watching a surge in activity this year among Japanese firms anxious
        Bloomberg Business News  -  832 words
      • Article
        Lock icon Taiwan's Giant expected to make strong bourse debut
        304 17 Reuter TAIPEI Taiwan's leading bicycle manufacturer, Giant Manufacturing Co Ltd, is expected to make a strong debut when it lists today. The company's shares will list at NTSSS per share but are likely to rise quickly to as high as NTS7O, brokers
        Reuter  -  304 words
      • Article
        Lock icon Hualon officials charged with stock manipulation
        268 17 AFP TAIPEI The head of Taiwan's Hualon Group and 33 other company officials were indicted yesterday for allegedly manipulating stocks and triggering NT57.64 billion (SS42O million) in payment defaults here. Taipei district prosecutor Chou Chih-jung charged billionaire MP Oung Da-ming. the head of the
        AFP  -  268 words
      • Article
        Lock icon Chinese printing press maker cuts 1994 profit forecast by 32%
        530 17 Bloomberg Business News HONGKONG Chinese printing press manufacturer Beiren Printing has slashed its 1994 earnings forecast by 32 per cent, blaming accounting discrepancies and unfavourable market conditions. Beiren said its original net profit forecast of 125 million yuan (5521.5 million)
        Bloomberg Business News  -  530 words
      • COMPANY BRIEFS
        • Article
          Lock icon Trading in Winfoong Inv suspended
          63 18 Bloomberg Business News HONGKONG Shares in Hongkong real estate company Winfoong Investment were suspended from trading at 11.24 am yesterday at its own request. In a statement, the Hongkong stock exchange said that the suspension was pending an announcement from the company. Winfoong shares did
          Bloomberg Business News  -  63 words
        • Article
          Lock icon Pioneer to boost overseas output
          122 18 AFP TOKYO Japan's Pioneer Corp said yesterday it planned to boost its overseas production to 36 per cent of worldwide output in the fiscal year starting in April, up from an estimated 27 per cent in the current year. The country's top manufacturer specialising in
          AFP  -  122 words
        • Article
          Lock icon Short interest in Nasdaq stocks falls
          77 18 Bloomberg Business News NEW YORK Short interest in stocks traded on the Nasdaq stock market on Tuesday fell about 3 per cent in the month ended Dec 15 to 735 million shares, the fourth consecutive decline and the fifth in the past nine months.
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Time Warner, US West plan Japan tie-up
          80 18 AP NEW YORK Time Warner Inc and US West Inc were nearing an agreement with Japan's Itochu Corp and Toshiba Corp to build cable television systems in Japan, The Wall Street Journal reported on Tuesday. Other cable companies, most notably Tele-Communications Inc, have
          AP  -  80 words
        • Article
          Lock icon Bell Atlantic to launch service
          92 18 Reuter WASHINGTON DC Bell Atlantic Corp will soon launch a Call ID Deluxe service here. The company said on Tuesday it had filed tariffs with the Public Service Commission to offer the service. The service is an enhanced version of Caller ID, which allows customers
          Reuter  -  92 words
        • Article
          Lock icon Yaohan HK's interim profit down 13%
          88 18 Bloomberg Business News HONGKONG Yaohan Hongkong Corp, a Hongkong retailer, has said its net profit fell 13.4 per cent in the six months ended Sep 30. The group, which is controlled by its Japanese chairman Kazuo Wada, said in a statement that its net
          Bloomberg Business News  -  88 words
      • Article
        Lock icon Australian aluminium group Comalco may list US unit
        403 18 Bloomberg Business News MELBOURNE Australian aluminium group Comalco Ltd said it is considering an initial public offering of shares in its wholly-owned US subsidiary. Commonwealth Aluminum Corporation. Commonwealth Aluminum, based in Lewisport, Kentucky, operates a scrap recycling facility and rolling mill. The
        Bloomberg Business News  -  403 words
      • Article
        Lock icon Asset sales make ITT breakup more likely
        469 18 Reuter NEW YORK New asset sales by ITT Corp shorten the odds that the company will be split into three separate public-ly-owned businesses. Wall Street traders said, but uncertainty about some key parts of the company's game plan limits the stock price. A
        Reuter  -  469 words
      • Article
        Lock icon Zurich Insurance takes over Trygg's US firm
        343 18 Reuter ZURICH Switzerland's Zurich Insurance Co and Swedish insurer Trygg-Hansa on Tuesday announced a takeover by Zurich of Trygg's troubled American operation Home Holdings and a broad cooperation pact in Sweden. The deal, which was struck on Dec 24, put an end to
        Reuter  -  343 words
      • Article
        Lock icon UPI, AT&T hold talks on on-line info services tie-up
        222 18 Bloomberg Business News WASHINGTON United Press International, the privately held news wire service, said on Tuesday it was in talks with AT&T Corp to form a venture, possibly to provide on-line information services. A joint-venture agreement would further enhance AT&T's push
        Bloomberg Business News  -  222 words
      • Article, Illustration
        Lock icon Troubled European broking firms worry about 1995
        932 18 Bloomberg Business News LONDON In the City of London, Frankfurt's Taunusalage and the Place Vendome in Paris, financial high-flyers are getting their wings clipped. Like their counterparts on Wall Street, European investment bankers and brokers are anticipating 1995 nervously as their worst year
        Bloomberg Business News  -  932 words
      • Article
        Lock icon Bristol-Myers gets US marketing rights for drug
        225 18 Bloomberg Business News ADELAIDE Australian pharmaceutical concern F H Faulding Co yesterday said it signed an agreement giving Bristol-Myers Squibb Co (BMS) marketing rights to its new sustained release morphine drug in the US. Faulding will make the drug, called Kadian in the
        Bloomberg Business News  -  225 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Tier-1 banks get 3 years to raise capital to M$1b
        485 19 NST K.UALA LUMPUR Tier-1 banks with shareholders' funds of less than MSI billion (SSS7I million) have been given three years to raise it to that required level. "This will enable the banks to work on their respective internal programmes to
        NST  -  485 words
      • Article
        Lock icon Japanese insurers to provide broker with 20b yen loan
        267 19 Reuter, AFP TOKYO Nine Japanese life insurers have decided in principle to provide a total of 20 billion yen (*****.2 million) in subordinated loans to Sanyo Securities Co Ltd to help it maintain its capital. requirement ratio, industry sources said yesterday.
        Reuter,; AFP  -  267 words
      • Article
        Lock icon NZ's central bank warns of pre-paid cards' counterfeit risk
        403 19 AFP WELLINGTON A sudden growth in the use of pre-paid cards does not threaten the state's currency controls, but there were still risks involved, New Zealand's Reserve Bank Bulletin says in its latest issue. Peter Ledingham, of the bank's economics department,
        AFP  -  403 words
      • Article
        Lock icon Philippines to raise minimum capital base of domestic banks
        269 19 AFP MANILA The Central Bank said on Tuesday it will increase the minimum capital requirement for local banks to encourage mergers in the face of tougher competition from the entry of more foreign banks starting next year. Central Bank governor Gabriel
        AFP  -  269 words
      • Article, Illustration
        Lock icon What a difference four zeroes make
        35 19 Reuter WARSAW New Polish 10, 20 and 50 zlotys, which will come into circulation after Poland cuts off four zeroes from the old notes starting on Jan 1. Reuter
        Reuter  -  35 words
      • SMALL CHANGE
        • Article
          Lock icon China's 4th insurer opens shop
          83 19 AFP SHANGHAI A group of 20 enterprises opened China's fourth insurance company here yesterday, with a registered capital of 200 million yuan (5534.4 million) and a licence to write general insurance policies. Tian An Insurance Company Ltd said it had received approval from the People's
          AFP  -  83 words
        • Article
          Lock icon Kelantan to set up Islamic-style trust
          84 19 Bernama KOTA BAHARU The Kelantan government plans to set up a MS3OO million (S$ 170.4 million) Islamic-style unit trust. Menteri Besar Nik Abdul Aziz Nik Mat said the proposed Islamic Amanah Saham Kelantan was approved by the State Executive Council at its meeting yesterday.
          Bernama  -  84 words
        • Article
          Lock icon Credit Lyonnais expects profit in 1995
          72 19 AFP PARIS The state-controlled Credit Lyonnais bank would return to profit next year, bank president Jean Peyrelevade said yesterday. The bank had reported a big loss in 1993 and has said it will report a heavy loss for this year. Mr Peyrelevade said on
          AFP  -  72 words
        • Article
          Lock icon Swiss Re to open office in Taipei
          89 19 Reuter ZURICH Swiss Reinsurance Co said it has received approval from the Taiwanese Ministry of Finance to open a contact office in Taipei. The representative office will begin operating in the second quarter of 1995 and employ 10 people. It is the first
          Reuter  -  89 words
        • Article
          Lock icon Aussie bond prices hit 3-month high
          66 19 Bloomberg Business News SYDNEY Australian bond prices surged to more than a three-month high, amid expectations that inflation will be contained in the new year, traders said. The benchmark 10-year government bond due September 2004 rose as much as A$ 12.23 per A$ 1.000.
          Bloomberg Business News  -  66 words
      • Article
        Lock icon Commodities end lower after strong rally in summer
        756 20 Bloomberg Business News LONDON Commodities ended the year below the highs reached in summer as interest rate increases by the United States Federal Reserve eased concern about inflation and made fixed-income investments more attractive to investors. Gold prices failed to hold a
        Bloomberg Business News  -  756 words
      • Article
        Lock icon Metals prices flat despite China sales
        261 20 Closure of Philippine smelter adds to fears of higher copper premium Reuter SINGAPORE Regional base metal prices have been flat this holiday-shortened week, despite persistent talk of rising sales of Chinese aluminium and zinc and the closure of the Philippines' lone copper smelter because
        Reuter  -  261 words
      • Article, Illustration
        Lock icon Coconut producers' group forecasts 2.76% growth in output for 1995
        173 20 AFP JAKARTA The Asia-Pacif-ic Coconut Community (APCC) yesterday forecast a 2.76 per cent growth in its coconut output in 1995 to 9.77 million tonnes. An APCC statement obtained here said coconut output of its 14 member countries was expected to
        AFP  -  173 words
      • Article
        Lock icon Russian gas producer looks for equity partners in the West
        354 20 FT LONDON Gazprom, the world's largest gas producer, and its merchant bank adviser, Kleinwort Benson, have drawn up a list of 10 to 20 Western industrial companies expected to take stakes in the Russian company's planned share offering in 1995.
        FT  -  354 words
      • Article
        Lock icon Petrochem upturn likely to be short-lived
        282 20 Reuter TOKYO Japan's petrochemical industry has recovered from an ethylene glut it was mired in early this year, but industry sources say the upturn may be short-lived. "Effects of the expansion of the Asian economy and the rationalisation in petrochemical firms in 1994 will
        Reuter  -  282 words
      • Article
        Lock icon Rubber prices expected to remain firm in 1995
        406 20 Reuter KUALA LUMPUR World rubber prices, which bounced to six-year-highs in 1994, are likely to remain firm throughout 1995 as the global economy recovers, industry officials and traders say. "Given the strong demand, the outlook for natural rubber is very good, particularly
        Reuter  -  406 words
      • Article
        Oil rise on demand from China, Japan
        314 20 l||a m aarf WOOfnOmg ENERGY REPORT SINGAPORE Oil prices in East Asia rose as refiners in China and Japan sought supplies for loading in January while sellers of crude held out for higher prices, traders said. Forward supplies of Malaysian Tapis, the Asian
        314 words
      • Article
        Lock icon Currency Reports:London
        202 20 Reuter LONDON The dollar was basically unchanged in early European trading with the market still in Christmas mode as players extended their holidav. At 0915 GMT, the dollar was at 1.5768/78 marks and 100.37/47 yen, a mere whisker away from Tuesday's European closings of 1.5/63/73 and 100.42/47. Sterling
        Reuter  -  202 words
      • Article
        Lock icon New York
        94 20 AFP NEW YORK The dollar was uneven against the major currencies yesterday in quiet trading, with dealers marking time between the Christmas and New Year holidays. Gold was up 50 cents to U*****.10 an ounce. By mid-morning the dollar was quoted as trading at 1.5739 marks, down from
        AFP  -  94 words
      • Article, Illustration
        Untitled
        1426 20 1 raJe oeifhied index tabulated against Spare s lap 14 iraJiny partners Bom? year: 1985 US$/S$ forward rates Noon Dec 28 S$ Bid Offer I month ***** 1 4628 2-mondi I.4J97 1 4612 3-month ***** 1.4602 6-month 1 4533 1 4553 Cnxim nrur Source: OCBC FOREIGN CURRENCY NOTE RATES As
        1,426 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end firmer in thin trade
        1274 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended firm in light trade yesterday. Dealers said that the market's liquidity remained thin due to the year-end holidays. "Most of the trades were by locals as institutions are all away on holiday," said a trader. Dealers
        Reuter  -  1,274 words
      • Article
        S'pore rubber rallies sharply by close
        681 21 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures maintained Tuesday's bullish momentum and ended the day sharply higher on active yearend shortcovering mostly by Thai and Indonesian producers and dealers. The market continued to rise in the afternoon although the Tokyo market, which was leading the
        681 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          ICO members sell less coffee
          53 21 LONDON Coffee exports to all destinations by exporting members of the International Coffee Organisation during November totalled 5.33 million bags, down 13,000 bags compared to November 1993, the ICO secretariat said. Arabica coffee exports during November totalled 4.26 million 60 kg bags. Robusta exports totalled
          53 words
        • Article
          Pakistan buys M'sian RBD-palm oil
          44 21 KUALA LUMPUR Pakistan yesterday bought 6,000 tonnes of Malaysian RBD-palm oil for shipment during the first half of January, traders said. The price was U*****.18 (about 551,016) per tonne. C&F, and the seller was Malaysia's Federal Land Development Authority.
          44 words
        • Article
          Fertiliser subsidy must stay
          74 21 LAGOS Nigerian farmers say 1995-96 cocoa production will be hit if reports that the government is planning to abolish subsidies on fertiliser are true. A recent newspaper report quoted a Min- istry of Agriculture official as saying the government was considering removing its subsidy on fertiliser
          74 words
        • Article
          Russia going for sugar in big way
          76 21 SINGAPORE After being absent for most of 1994, the Russian bear is expected to join India and China next year in another feeding frenzy on the world sugar market. While Russia was a sizable buyer in 1993, it has kept out of the
          76 words
        • Article
          Pakistan buys fraction of CIS cotton
          41 21 TOKYO Pakistan's spinning mills have been authorised to import one million bales of cotton, but actually have purchased only 180,000 bales from the Commonwealth of Independent States, according to the All Pakistan Textile Mills Association.
          41 words
      • Article
        COMMODITY PRICES
        1382 21 Rubber Dec 28 Singapore Commodity Exchange Physical Prtcas (futures dosing as at 5.30pai) Buyers Sellers As at 12 noon (S cents/kg) RSS 1 Contract (S cents/kg) q— RSS 2 Jan 95 217.50 218 50N gjj-g Jan95 All RSS 5 Jan 95 207.50 208 50N Feb 228.00 228.00 228.00
        1,382 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1044 22 +26.2 INVESTORS returned from a four-day Christmas break in a robust mood yesterday, with shares elosing firmer in line with a stronger Wall Street and positive year-end sentiment. "It is looking jolly good it looks like the rally is on in earnest, but just for how long one can't
        1,044 words
      • Article
        Manila
        630 22 -16.80 The PSE Index declined 0.60 per cent yesterday as a "corrective mood" affected trading, losing 16.80 points to 2,777.78. Turnover was 2.80 billion shares worth 1.53 billion pesos. Blue chips such as property firm Ayala Land, food conglomerate San Miguel, and Saudi-backed oil refiner Petron Corp led the
        630 words
      • Article
        Taipei
        569 22 -35.08 Stocks declined on profit-tak-ing in modest trading yesterday, dampened by low-cost textiles, plastics and chemicals. The 405-issue Weighted Price Index fell 35.08 points to settle at 6,947.83. Turnover was 2.09 billion shares worth NTSBI.9 billion. The market opened slightly lower and slid further to 6,932 points, despite an
        569 words
      • Article
        Seoul
        500 22 +2.04 Stocks closed the year with a narrow gain on the back of a blue-chip upswing. The Composite Price Index firmed 2.04 points to close at 1,027.37 in the last trading day of 1994, up 16.84 per cent from the beginning of the trading year, which registered 879.32 points
        500 words
      • Article
        New Zealand
        293 22 +4.60 Stocks closed slightly firmer on very slim volume after the first day of the holiday-affected trading week. The NZSE-40 Capital Index ended up 4.60 points at 1,919.82, off the high for the day of 1,924.93. Brokers said there was an almost total lack of overseas and domestic
        293 words
    • WORLD STOCK MARKETS
      • Article
        London
        937 22 12.4 EQUITIES finished a quiet, post-Christmas session mostly higher but well off their best levels as a weak Wall Street pared earlier gains by half. Dealers expect the Footsie to inch ahead over the last two trading days of 1994, provided Wall Street remains steady. "We should stay around
        937 words
      • Article
        Paris
        141 22 •28.15 French stocks slumped as political concerns kept the franc close to its one-year low against the mark. Worries about whether the country's next president will support a strong franc weakened the currency, deterring foreigners from investing in a market which has lost 15 per cent of its value
        141 words
      • Article
        Frankfurt
        197 22 +2.86 German stocks pared earlier gains as bonds slipped from a 10-week high before the government's auction yesterday of its traditional 10year New Year's bond. "We can only start going better again with a better bund future," said a trader. "People are waiting to see what the coupon will
        197 words
      • Article
        Brussels
        114 22 -6.03 Belgian stocks fell, after rising for three days, with a decline in the dollar weakening companies with US activities. "With trade volume as light as it is it doesn't take much to swing the market." said an analyst. Just 600 million francs of shares changed hands compared with
        114 words
      • Article
        Milan
        164 22 •163 Profit-taking sent Italian share prices spinning lower in moderate trade and brokers said the selling would likely continue today. Tomorrow could see a pause or even a slight recovery on the final trading day of the calendar year but the market appeared to be heading lower, brokers said.
        164 words
      • Article
        Amsterdam
        209 22 -3.15 The AEX Index retraced gains made at the open and in a late session rally on Tuesday with investors taking what profits they could before the last trading day of the year today. The AEX Index closed 3.15 points lower at 414.81. Dealers said weakness on Wall Street
        209 words
      • Article
        Stockholm
        151 22 -5.95 Swedish shares closed lower following a day of dull trade and thin turnover. The bourse was also hurt by rising debt market yields. "There is very little activity since many investors have closed their books," a broker said. "Volvo was one of few shares showing some strength even
        151 words
      • Article
        Zurich
        243 22 -17.3 Swiss shares ended lower after another quiet and eventless day. Stocks consolidated after Tuesday's gains. Trading volume was modest and dealers said window-dressing was noticed in a few small caps. Activity is expected to remain subdued until the end of the year as most books were already closed.
        243 words
      • Article
        Johannesburg
        333 22 +30.8 South African shares posted steady gains in thin postChristmas trade, encouraged by stronger world markets and a firm gold price. Some window-dressing ahead of today's unit trusts quarterly end was seen and more action was expected. Although volumes remained small, interest and activity improved across the board from
        333 words
      • Article
        New York
        677 22 -6.39 The Dow Jones Industrial Average, which climbed 28.26 points on Tuesday, was down 6.39 to 3,855.30 at 1 lam EST. The NYSE Composite Index was off 0.42 to 251.57, while Standard Poor's 500-stock Index was down 1.00 to 461.47. Declines topped advances 1.066-688 among the 2,617 issues
        677 words
      • Article
        Untitled
        692 22 Vienna Dcc 28 Atck AllA 20)0 16 Bank Austria PS J9J S CA-BV VZ 635 unck EVN 1421 I riii|Mfi« 461 -7 UfUMf 990 I Lcykaa 510 I Maculan Hk) VZ 909 I OEMV VZ 926 unck VA Ttchnotofic 1091 I Voucher JJT 2 Vcft>und A kite A »JJ I
        692 words
    • Article, Illustration
      Lock icon HONGKONG
      2966 23 Bloomberg Business News HONGKONG Stocks fell on concerns about falling real estate prices and on expectations that an increasing number of US investors will steer clear of emerging Asian stock markets after being hurt by the peso's devaluation in Mexico. The Hang Seng Index fell 43.66 points at 8,268.22.
      Bloomberg Business News; Source: Bridge Info  -  2,966 words
    • Article, Illustration
      Lock icon CHINA
      607 23 CLSA ON THE first working day after the long Christmas weekend, turnover in H shares remained sluggish. The market dropped 0.5 per cent on turnover of HK543 million. Beiren led the decline, falling 4.4 per cent on the company's announcement of a 32 per cent reduction on earnings forecast.
      CLSA  -  607 words
    • Article, Illustration
      Lock icon TOKYO
      2556 23 Bloomberg Business News TOKYO Stocks recorded their biggest decline in a week as concerns about Japan's troubled financial industry erased early gains. Banks and brokerages led the market lower. 'There are renewed concerns that some of the small brokerages may go under," said a broker. He said some investors
      Bloomberg Business News; Source: Bridge Info  -  2,556 words
    • Article, Illustration
      Lock icon BANGKOK
      1801 23 Reuter BANGKOK Stocks closed slightly higher on last-minute buying, although selling pressure emerged at mid-after-noon. The SET Index closed 3.38 points up at 1,363.24 on turnover of 4.3 billion baht. Thai Poly Acrylic, which debuted yesterday, closed up from its initial public offering price of 66 baht at 67.50
      Reuter; Source: Bridge Info  -  1,801 words
    • Article, Illustration
      Lock icon JAKARTA
      1124 23 Reuter JAKARTA Share prices ended the last trading day of the year up slightly on thin volume, with selective window-dressing helping the upside, brokers said. The market will be closed today and tomorrow. Trading will resume on Jan 2. "Trading was very selective. But window-dressing seemed to help the
      Reuter; Source: Bridge Info  -  1,124 words
    • Article
      CLOB INTERNATIONAL
      2397 24 Or Cr 19*4 Laal Vol Day Laal OwMc Dt» Di» YM Net >1 Cay High Law C« f Salt COM) Hfch Urn Buyer Sella CVr r/t hall MALAYSIAN STOCKS 398 160 m A1SB 50c 280 cd -7 27 21* 2*0 279 28 J 3.0 2 9 0 3
      2,397 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall a third day on interest rate concerns
        6732 24 Bloomberg Business News KUALA LUMPUR Stocks fell a third day, led by Tenaga and Telekom, as expectations of higher interest rates encouraged investors to transfer their money from stocks into interest-bearing securities. Tenaga fell 50 sen to Mslo and Telekom 30
        Bloomberg Business News; Source: Bridge Info  -  6,732 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8189 25 Gf Cr M Wt 19*4 Last Vol Day l*sl Quoit Div Div \M >«1 Cm *»8 Hick lav. lMp«, Sale < 0001 lli(li Loo B«>« Seller Of P'E Sail P»k» INDUSTRIAL AMD COMMERCIAL 720* 417$* ml s Acma 50c 478 +6 10 480 476 476 478 8 8 4.7 0.9
        8,189 words
      • Article, Illustration
        Lock icon Volume hits year's low as institutions stay away
        1926 26  -  By R Sivanithy SINGAPORE It was another unproductive day in the local stock market yesterday as far as most participants were concerned, with prices sinking across-the-board despite a firm overnight showing in US equities. There were, however, disturbing signs from the US
        Charts by Bridge Info; Source: Bloomberg  -  1,926 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      267 15 NEWS VALUE Berjaya Industrial denies liability for derivatives loss (pg 1) News would weigh on the already fragile market sentiment. EDB sees stiiprepair leading revival of marine sector (pg 2) Investors don't seem to be in the mood to share EDB's cautious enthusiasm. DBS Land takes 30% stakes in Shanghai,
      267 words
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      282 16 I WFBline 1 In English Number Horoscopes (Daily) 8450 The Capricorn Man; Win Prizes! Entertainment News 8451 Juicy News Of Arnold Schwarzenegger, Perry Como, John Goodman Ghost Stories 8452 Out Of Danger Zone!; Win Prizes! Children's Funland 8453 Rudolph The Red-Nosed Reindeer Face Facts 8454 Larry Hagman Dreamland 8455 New:
      282 words
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      259 17 9 FINANCIAL HIGHLIGHTS AMMB HOLDINGS BERHAD Half-Year Ended 30th September, 1994 Unaudited Consolidated Results 1994 1993 In Million RM In Million RM Change Profit Before Taxation 261.1 177.3 47.3 Profit After Taxation Minority Interests 154.4 104.9 47.2 Shareholders' Funds 1,004.2 717.0 40.1 Loans Advances, Net of Provisions 11,319.8 8,431.4 34.3
      259 words
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      Page 19 Advertisements Column 1
      1922 19 W UCO BANK WHOLLY OWNED BY THE GOVERNMENT OF INDIA Head Office: 10 BIPLABI TRAILOKYA MAHARAJ SARANI, CALCUTTA *****1, INDIA AUDITED ACCOUNTS AS AT 31st MARCH 1994 INDIAN RUPEES (000's omitted) CAPITAL LIABILITIES As on 31 3 94 As on 31 3 93 Rs Rs Capital 1035.00.00 500.00.00 Reserves Surplus
      1,922 words
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      Page 21 Advertisements Column 1
      192 21 We provide shelf companies and incorporation services in ALL jurisdictions, including British Virgin Islands Cook Islands Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further
      192 words
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      Page 21 Advertisements Column 2
      52 21 We quoted the settlement price for Copper (Grade A) as US$l,B9O per tonne on Nov 18, as provided by our source, AP. The price should be U552,890. As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. STRAIGHT TALK k>9rttfwM
      52 words
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      Page 22 Advertisements Column 1
      56 22 The Bombay Stock Exchange will be closed until Jan 2. iU Piaget Boutique and Service Centre»jm U I fa y*ol-01 Mandarin Shopping Arcade, \H 1 <£ 21 rail TJL /rvk The Mandarin Singapore, JM m I Jmrtk \-TV* J.. HT/ Jpjfl J J|f J- W 333 Orchard Road, Singapore 0923
      56 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      82 24 Q]B Since 1735 there has NEVER BEEN A QUARTZ BIANCPAIN WATCH. And there never will be S4nt»po<e: Till: IKXIK CI-ASS lucky PUu. HH 7'MM XVI Scults. TW 2?Vrt27/7IWI Cenlfuixiim TW 7'M IVMWMH IVninsuU PtuM.IW IHHWOHM6I» TtadeCßiuM *****17 I'iUits Kciwisso.kclol 7TJI IhlTtA J K.»(lk-s TV! *****41 Chan«i Ain**t ItamiiMl llKact tWert
      82 words
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      Page 26 Advertisements Column 1
      26 26 NOTICES f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Vsinoapoke# Business Times WE KNOW ASM
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      Page 26 Advertisements Column 2
      438 26 FORM 65A THE COMPANIES ACT (CHAPTER 50) SECTION 291(1) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name of Company: MONTY NG DESIGNS PTE LTD Company No: 0294V1 9«9-W The Registrar of Companies, Singapore LTay fengPSongof Blk 249 Yishun Avenue 9 #02-193. Singapore
      438 words
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      Page 26 Advertisements Column 3
      400 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ENTECH SERVICES PTE. LTD. (M MEMBERS' VOLUNTARY UOUOATWN) At an Extraordinary General Meeting of tie abovenamed Company duty convened and held at 158 Lorong Kismis. Singapore 2159 on 28 December 1994 the Mowing Special Resolutions were duly passed: 1 That ENTECH
      400 words
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  • Shipping Times
    • Article, Illustration
      PSA may extend scheme for quality bunker tankers
      423 27  -  By Ramesh Divyanathan SINGAPORE The Port of Singapore Authority (PSA) might extend a scheme which gives quality bunker tankers exclusive rights to call at the port's container terminals. Currently, only Category A bunker tankers are allowed to deliver bunker at PSA's container
      423 words
    • Article
      Lock icon First shipload of US apples leaves Seattle for Japan
      334 27 AP SEATTLE The first shipload of Washington apples to Japan is en route, with several more ships scheduled to leave for Tokyo from Seattle this week. More than 30,000 19-kilo-gram boxes of apples labelled "For Japan" were loaded onto the cargo
      AP  -  334 words
    • Article
      Lock icon Over 1,000 tankers have COFRs: US
      115 27 Reuter WASHINGTON The US Coast Guard expects that more than 1,000 self-propelled tankers will have certificates of financial responsibility before the midnight deadline on Tuesday. Just hours before the deadline for tankers in US waters to have the new COFRs, Bob Horowitz of the
      Reuter  -  115 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      678 27 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlcrs Lines 13 5 Ahrenkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5 Batamindo 7 3
      678 words
    • Article
      Indian shipping industry wants US$2b fund to buy ships: report
      377 27 HONGKONG The Indian shipping industry is seeking a separate foreign exchange fund of US$2 billion (552.9 billion) to acquire additional tonnage, according to a report in the South China Morning Post. The Indian National Shipowners Association (INSA), which represents nearly
      377 words
    • Article
      Lock icon China's shipbuilding orders rose 40% in 1994: report
      179 27 Reuter BEIJING China received orders to build 1.42 dwt of shipping in 1994, up 40 per cent compared with 1993, the China Daily said yesterday. The vessels ordered included oil tankers, 150,000 tonne bulk cargo ships, chemical carriers, roll-on-roll-off ferries and hydrofoils,
      Reuter  -  179 words
    • Article
      Lock icon China wants new container terminal for HK: Lu Ping
      221 27 AFP HONGKONG China hopes that Hongkong's plans for a new container port will go ahead, although China and Britain have not yet been able to agree on the developers, the director of the mainland's Hongkong and Macau Affairs Office says. Lu
      AFP  -  221 words
    • Article, Illustration
      Golden times in run-up to privatisation
      1096 29 CSC is enjoying a rush of newbuildings amid speculation over its future TAIWAN'S China Shipbuilding Corporation (CSC) is enjoying a "golden period" for newbuilding orders in the run-up to its proposed privatisation, according to CSC chairman Lcjiis C Lo. -As speculation about the timing
      1,096 words
    • Article
      THE SHIPPING GUIDE
      13503 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 after
      13,503 words
    • Article, Illustration
      Lock icon Toyohashi seeks role as mother port
      695 39  -  A Japanese coastal town is vying to become the biggest of all car harbours. Jeff Stearns reports Jeff Stearns Reuter A LITTLE-KNOWN coastal town midway between Tokyo and Osaka already Japan's largest port for foreign car imports is aiming to become the mother of
      Reuter  -  695 words
    • Article
      SHIPPING AGENTS
      3074 40 A L m.B( ontainerline N\: Bclsin Shpg Agencies Pte Ltd (SVMarinc Handling Sdn Bhd (Pk/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (Pk/PN). Adkris Business orpuration Philippine alsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). \lbatros Sea- Air Sen ice: Frata Shpg
      3,074 words
    • Article
      CONFERENCES & CONSORTIA
      308 40 CONFERENCES CONSORTIA Asia-North Amirtfi Eastbound Rate (Far East/North America, excludes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line; Orient Overseas Container Line, Hapag- Lloyd. Trans-Pacific Westbound Rata Agreement (North Aworka/Far East): American President Lines; Sea-Land; Neptune
      308 words
    • Article
      COURIER SERVICES
      290 40 Abacus ouricrs Td: 545-8011. Fax: 545-1898. Air Lxpress Irani Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716 *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fxx: 742-8975. C it\-l ink International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies
      290 words
    • Article
      AIR FORWARDERS
      1510 40 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Aclivair Singapore Td: 542-7822. Fax: *****20. \erolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,510 words
    • Article
      PORT CONDITIONS
      2562 41 ARGENTINA Santa Fe: No vessels berthed, no vessels in roads, no vessels due. Diamante: One vessel berthed loading wheat, no vessels in roads, no vessels due. San Lorenzo: Six vessels berthed of which 3 loading soya bean meal pellets, 1 by-products, 1 maize, 1 discharging butadiene, 3 vessels
      2,562 words
    • Article
      Lock icon SHIP SALES
      857 41 The information has contributed by Simpson Spence Young WITH the festive season almost upon us there has been no let up in the number of transactions coming to light, especially in the dry bulk market, noticeably very well supported by Greek buyers. For example there are reports of
      The information has contributed by Simpson Spence & Young  -  857 words
    • Article
      CRUISE & FERRY SCHEDULES
      356 41 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA ETD Ports of Calls Port \genl telephone No DECEMBER 29 29 Leisure World 1000 2015 Cruise to Nowhere New Century Tours 227-8284 Corpn 29 29 Renaissance I 0800 1100 Penang Renaissance Cruises 222-3388 29 29 Megastar Aries 1600 2030
      356 words
    • Article
      TANKER RATES
      699 41 London tankers dirty fixtures/enquiries (in Worldscale) MIDEAST GULF/RED SEA Berge Broker 340 16/1 Mideast Gulf/UKC W39 Shell. Hellespont Paradise 310 13/1 Ras Tanura/US Gulf W47.5 Vela. Latia 305 January- Mideast Gulf/US Gulf W47.5 Vela. World Champion 275 12/1 Mideast Gulf/Singapore W47.5 Sietco. Astro Gamma 260 9/1 Mideast Gulf/Red
      699 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        727 42 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Dtparture Juroflg Port Brastagi 1 A51 94 P02 28 I? 18)0 28 12 2355 Batam Mutm 19 alongside 2912 2J00 Fquatoi Roya 128 P02 2912 0/30 3012 0800 fyoMarii 112 alongside 2912/1800 Gulf Sultai 18 94
        727 words
      • Article
        CONTAINER SCHEDULES
        1888 42 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From to Daisy 060B 30/2359 IA 28 1500 28 1659 28/1900 IB 28/1500 28/1659 28/1900 2A 28/1700 29 0659 29 0900 2B
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        COCKETT BUNKER MARKET REPORT
        826 42 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        826 words
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        VERITAS BUNKER QUALITY REPORT
        604 42 Cartxm Ok 21 Density Nitr Residue Ash Munnm Sedment 'MM E..on KG M*5 V/V "MM MM PPM method 60/Cmac Imb Spec E25 991 10 15 0 010 30* 010* Spec 635 991 10 180 015 30* 0.10* Northern Europe 180 Ave 981 02 12 8 005
        604 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Delta gets US approval for Singapore code-sharing
        326 44 Reuter, Bloomberg Business News ATLANTA Delta Air Lines on Tuesday said it has received US Department of Transportation approval to begin codeshare service with Singapore Airlines Ltd between the United States and Singapore. It said under the code-share arrangement. Delta will ofier seats
        Reuter,; Bloomberg Business News  -  326 words
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        Lock icon China to introduce new air traffic rules in Pearl River delta
        158 44 AFP HONGKONG China is to introduce new air control traffic regulations in the booming Pearl River delta next week to ease congested flight routes around the provincial capital Guangzhou, it was reported yesterday. The new regulations will be introduced
        AFP  -  158 words
      • LOG BOOK
        • Article
          Lock icon Garuda to sell nine airbuses
          96 44 AP JAKARTA Indonesia's national airline Garuda is negotiating to sell nine Airbus jetliners to an American buyer. Transport Minister Hariyanto Dhanutirto said on Tuesday. The US$99 million (*****.5 million) sale will help Garuda further improve its financial position as it prepares to become a public
          AP  -  96 words
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          Lock icon Nissan technology for Viet firm
          87 44 Reuter lOKYO Nissan Motor Co Ltd said it has signed an agreement to supply technology to a Vietnam car company for making knockdown kits for vans used as ambulances. The agreement was reached earlier this year and the Vietnamese firm. Da Nang Automobile Mechanical Factory,
          Reuter  -  87 words
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          Lock icon S Korean firm wins US$172m order
          69 44 Reuter SEOUL South Korea's Halla Engineering and Heavy Industries Ltd said it has won a US$l72 million shipbuilding order from Candice Shipping Ltd of Greece. Halla will build four 165,000-dwt bulk carriers for delivery by the end of 19%, a Halla spokesman said on
          Reuter  -  69 words
        • Article
          Lock icon Samsung wins Norwegian contract
          66 44 Reuter SEOUL Samsung Heavy Industries Co Ltd, a member firm of South Korea's Samsung Group, said it has won a US$95 million shipbuilding order from Norway's state-run Statoil. Samsung will build a 103,000-dwt tanker for delivery in November 1996, a company spokesman said yesterday. Samsung has
          Reuter  -  66 words
      • Article
        Lock icon US vehicle output hits 16-year high of 15.75m: report
        269 44 Bloomberg Business News DETROIT North American car and truck production hit a 16-year high of about 15.75 million for 1994, including record output in Canada and Mexico, Ward's Automotive News said on Tuesday. With all vehicle plants having ended production for
        Bloomberg Business News  -  269 words
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        Lock icon Ladas, Fiats lead Eastern Europe car sales
        418 44 Reuter BUDAPEST Russia's stateowned producer of Lada cars, AvtoVAZ, was the overall leader in new car sales in Eastern Europe in the three months to the end of June, a Reuter survey showed on Tuesday. Italy's Fiat outstripped other bourse-listed car producers in
        Reuter  -  418 words
      • Article
        Lock icon Tokyo's imported car show set for Jan 14-16
        245 44 BernamaKyodo TOKYO The 1995 exhibition in Tokyo of imported cars will be held from Jan 14 to 16 and will show 216 new models from 30 of the world's leading automakers. "The Tokyo Imported Automobile Show", sponsored by the Japan External Trade
        Bernama- Kyodo  -  245 words
      • Article
        Lock icon Cambodia, Malaysian Helicopter Services to launch airline
        598 44 Bloomberg Business News BANGKOK Malaysian Helicopter Services was to sign an agreement yesterday with the Cambodian government to create a regional airline based in Phnom Penh, a spokesman for Malaysian Airline System Bhd said. If the deal goes through, it will be a
        Bloomberg Business News  -  598 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1373 44 cttj nw ETA gn CTD_ Abu Dhabi GF146 1110 GF147 1850 SQ441 1455 GA975 1520 GA883 1545 Adelaide QF81 1930 QF82 2050 SQ228 2035 Amsterdam KL843 0545 SQ26 2355 SQ25 0635 KL838 2335 GA975 1520 KL837 1450 Athens SQ347 0705 Auckland SQ286 2035 BAH 1350 SQ288
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      48 27 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama Hotline 326Q23Q Golden times for CSC in run-up to privatisation, Pg 3 Toyohashi seeking role as mother port, Pg 13 Delta gets US nod for S'pore code-sharing, Pg 18
      48 words
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      Page 27 Advertisements Column 2
      25 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
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      Page 27 Advertisements Column 3
      38 27 I the FAMOUS t n^> MWSANfiM ■iMIII.'H 224 1833 For more information please refer to Pg. 13 CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. SlNtiAI-OHl'.• I* I 1 Business Times Wt KNttWAUA
      38 words
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      Page 28 Advertisements Column 1
      1857 28 The Baltic Exchange was closed for Christmas. $:<r>037,... IMPORT.... import.... s I WORTH AMERICA I I OTHER DESTINATIONS"! NORTH AMERICA CHZIO ■"""»""*»> I TO EAST COAST SOUTH AMERICA SWVK* OWAFOIH CAUFOWMA BXWgM (PigCT WlQii WgOT COMT) ftssi yoy STOK L (mk I yct a* DM. HOUSTON CMC NT WXICO CITY
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      Page 29 Advertisements Column 1
      1428 29 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIEB JAROINE SHIPPING AGENCIES SON. BHO. 200 CANTONMENT ROAD, #12-05 SOUTH PCHNT. SINGAPORE 0208 PETALINQ JAYA TEL: 03-*****76 FAX: 03-*****42 CPS: 03-*****42 Qp NUMBER* **********0 C PENANQ TEL: *****4 FAX: *****1 DOCUMENTATION TEL: *****55 (INWARDI/*****90 (OUTWARD) ,p O H TEL: 5*2703/4 FAX: *****6 CUSTOMER
      1,428 words
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      Page 29 Advertisements Column 2
      617 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I PROM AUSTRALIA (EAST COABTf VCSSCI/VOT HI PRC JSP M STD Mil BU* MOB WSStL VO» M JTO MU Ml NOB KT SGf POC A AUSTRAIIA MS 20/ 12 23/12 01/01 10/01 11/01 A MIS TV AIM S7N 07/12 11/12 21/12
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      Page 30 Advertisements Column 1
      1436 30 R DAM LE SOUTH- POUT VOV NO HAMBURG ANTWERP HAVRE AMPTON K.ELANG S PORE HKG KAO TVO SHI KOB NACj KAGA 38/248 29/11 1/12 3/12 22/12 25/12 27/12 28/12 5/1 30/12 STUTTGART EXPRESS 07/448 3/12 5/12 7/12 30/11 25/12 30/12 KIRISHIMA 07/249 6/12 8/12 10/12 29M 2 30/12 3/1 5/1
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      Page 30 Advertisements Column 2
      524 30 jggggmmmmmmx IS'pore P Kelang Loafling for CELTIC 2/1 4/1 Rdm/Atw/UK/Nantes WORLD ARES 6/1 8/1 Rdm/Atw/UK/Nantes 'Loads E./W. Malaysia. Indonesia I I Loading for V ENERGETIC Dubai/Bahrain/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba H •Loads Singapore. E./W. Malaysia. Indonesia I I Loading for V DONA V Los Angeles/New Orleans/ I Charleston/NorfolK/Camden H OCEAN
      524 words
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      Page 30 Advertisements Column 3
      1188 30 NOR ASIA IVSUVOY^^^^^^^SlF<AUilßC^^VA^^HAl!^Bß^^RO^^AN^^FE^^u!A| SI MOTIVATOR 451N 30/12 10/01 25/01 20/01 21/01 22/01 22/01 23/01 23/01 »/«1 I SEA NTIATIVE 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 00/02 07/02 02/02 03/02 03/02 04/02 04/02 00/02 I NORASIA KIl 9502 3 19/01
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      Page 31 Advertisements Column 1
      1358 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 JWteA new guinea pacific line (A SERV,CE 0F CH,NA NAVIGATION CO) CARGO S out sahs STRAITS VENTURE VOIE Mum. lib 03 1m 04 lan 05 lan FCL. LCL CONTAINER AND MtEAKBULK SERVICE
      1,358 words
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      Page 31 Advertisements Column 2
      2366 31 Singapore Agent: 1 I A|||fl flO#C P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe C hiang Road. #07-01 kcppcl lowers. Singapore 0208 First Class Connections WORLDWIDE ft"™ 75.7 EXPORT IMPORT VESSEL VOY "PNG -PKG S4N SOU ANT ROT MAM COT BRE LEM VESSEL VOV ZEE COT ROT HAM BRE SOU
      2,366 words
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      Page 31 Advertisements Column 3
      271 31 (fc FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 02/01 I ROTTERDAM 30/12 AARHUS/COPENHAGEN 02/01 HAMBURG/BREMEN 30/12 MARSEILLE/FRANCE 03/01 FELIXSTOVYE/UK 30/12 BARCELONA/SPAIN 30/12 LEHAVRE/FRANCE 30/12 GENOA/ITALY 31/12 ANTWERP/BELGIUM 30/12 LOS ANGELES/WC/IPI 31/12 SYDNEY/MELBOURNE 03/01 NEW YORK/EC 31/12 FREMANTLE/ADELAIDE 30/12 VANCOUVER 06/01 BRISBANE 03/01
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      Page 32 Advertisements Column 1
      516 32 fk JOINT VENTURE /%i WV SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA GREEN ERA VOY 3*B 5 JAN QINGDAO MSA SEPU.UH VOY 3NB 29 JAN XW6AN6 INDUCEMENT CALL P KEIANG INDUCEMENT CALL HK, P GUDANG BELAWAN. TG MANI XIAMEN, ZHANGJWANG te UTAMA HARTA J WEEKLY FULL CONTAINERSHIP FEEDER VESSEL NAME
      516 words
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      Page 32 Advertisements Column 2
      1106 32 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-27 5 FOR va SM LM HAUL S£A T¥K HW FW WL HAHMN HAMBURG 0201 31/12 UKCT IJ/1 20/1 21/1 HANJH BUSAN 1501 1 H. i/j ii/ 7 l»/» HANJM SINGAPORE 0161 6/1 OMECT K/l 27/1
      1,106 words
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      Page 32 Advertisements Column 3
      1276 32 =4* J=l :TH; N 47m Irn sgp isc imc uc pus wioawiicnoiiicKU urcim w w n» w m I E. GUtt WM3 2/1 4/1 1/1 11/1 11/1 U/l 17/1 11/1 19/1 20/1 21/1 1/2 14/2 l»/2 17/2 27/2 21/2 1/1 2/1 3/3 13/3 LftEMfIHW »/l U/l 15/1 17/1 U/l 23/1
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      Page 33 Advertisements Column 1
      3051 33 VARNA (BULGARIA) CONSTAMTZA (ROMANIA) VIA UMASSOL 3 SAILING P« MONTH ,T« S c£uX£l&>Sß4im44 cZSJXc B/L: *****02 Cm**~n COSTAR SHIPPING PTE LTD Talan: ***** COSHIF Conventions!: *****50 O/O: *****85 jSKtm 6 Shantoa Way ml/ 08 C» No: **********0 M f«: *****08 BraakbuM Src Doci. *****50 l q i *SZ DCS BM|
      3,051 words
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      Page 33 Advertisements Column 2
      1341 33 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PIU Ptw K3H SIN HUG KAO TAI ttft KOB OSK MOI BUS WAN HAI ?16 NOIO ft,'l2 ?6 1? 1? 30 30/12 03 01 04 01 06 01 IS >u KAO 10 01 11/01 13 01 14 01 NICOSIA NO3B >8 1? ft 1? 31
      1,341 words
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      Page 34 Advertisements Column 1
      1210 34 VOY *M *1 1 VtSIII VOY SIN PCM B r M isra bhum m rn 30/12 Wad «/i_ 1| swi bhum <7o» Fn I ao/iT sat 131/12" VESSEL VOY SIN BKK j| BHATRA BHUM <28 Sat 31/12 Tw 3/1 SIWI BHUM 5001 Moo 2/1 Wad 4/1 H| RATHA BHUM 37N
      1,210 words
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      Page 34 Advertisements Column 2
      1171 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********&N STRAITS SHUTTLE SERVICE t PORT KLANG PENANG VESSEL VOY SIN I PKL VESSEL VOY SK PEW St* IAURIt 34WH 28-12 (WtD> 30,12 (FRI) MCC CONWYOR 4005 27/12 <Tl*) 10/12 (F«) St* LAURfI 3«9N 01/01 (SUN) 02 01 <MON)
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      Page 35 Advertisements Column 1
      508 35 WISHING ALL A SMOOTH SAILING PROSPEROUS NEW YEAR *****21 adx xfrf W JQT J C MALAYSIA SHIPPING CORP. SDN. BHD. s (PENINSULAR/EAST MALAYSIA/BRUNEI SERVICE) *issa VOY S* (KG P«U KCH BTU SBW BKI MU* LBII SDK TWU BUNGA PENAGA 9457 31/12 27/12 30/12 BUNGA KEMUNWG 9445 31/12 28/12 29/12 5/1
      508 words
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      Page 35 Advertisements Column 2
      851 35 WMt ts KIT I zm UH»« MtmUK TWINS ROTTIBPAN MITNMf it nf iui VMM 05/01 25/01 27/01 n/ l 30/11 31/01 WUf DC TITWU TO7N 14/01 01/0? 83/02 w/< ot/0? 07/02___ WUi K TUCANA UO7N H/01 0«/0? 10/02 12/ M 13/02 l</02 j MIU 01 IBM LO7N 15/02 17/02 10/02
      851 words
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      Page 35 Advertisements Column 3
      578 35 .JBSA MYANMA WUi FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gd| HP* Ml V2O6W AVA VI3IW 26/2S Dac 30/01 lan SAGAMG V3SW 22/2* Dec PAGAN V2I(W 21/29 Dec MALAYSIA AGENTS BOUSTEAD 9VPMG AGENCIS KUL TO. 02-03-*****00 PKL: Ttl 02 03-3(847(7 PEN: IU 02-04-*****2 PGD
      578 words
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      Page 38 Advertisements Column 1
      1667 38 TO EUROPE FROM EUROPE PUDO 1 nu. 1 ftw I MOfHDi m |»TOK| UH 1»w HAM BRH |m~ «i m STOK mt nawT _gL _^L_ BSt/SSM 4200/4704 24.12 24.12 NORMAIBC 2444 30.12 14.41 15.01 10.01 1101 11.01 UtKA 14»4 20.12 21.12 02.01 0511 1™» mw 4210/47HITIF luT w imon mm"
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      Page 38 Advertisements Column 2
      423 38 ASIA HKG/TWN/BKK GENOft/EUROPE PEN PKI SIN 5 SAILINGS/WEEK PEN PK f" f 30/12 31/12 1/1 HKG/BKK/KEE/KHH Genoa/Barcelona/Marseaes 29/1 30/12 31/1Z 2/1 3/1 4/1 HKG/BKK/KEE/KHH G'burf/Ctufen/S'hofcn/Oslo 1/1 2/1 3/1 6/1 7/1 8/1 HKG/BKK/KEE/KHH Piraeus 27/12 Z8 111 RECEIVING TO ft 1 30/12 31/12 1/1 SHANGHAI/DALIAN JPN/KOREA/MANIL A XIAMEN/BEIJING 28/12 29/12 30/12
      423 words
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      Page 39 Advertisements Column 1
      775 39 MEDITERRANEAN FAR EAST SERVICE EXPORT: TO E/W WED IMPOBT: FROM MEI/EXPOKT TO FW EASTI ga mm. wt ob p uw m i? ro k» »c klm mm wr ft m no no *****ww 31/12 h/ii u/01 11/01 20/01 ?Voi »/oi a/01 »/oi 02/02 wov* uoydmii nw out 01/01 00/01 00/01
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      Page 39 Advertisements Column 2
      260 39 luceeci VOV SIN MAA SIN I CAPE HERMES 203N 29-30/12 03 13/01 17-18/01 I TIGER CAPE 012N 31-01/01 06-15/01 20-21/01 TIGER BRIDGE 313N 04-05/01 10-17/01 22-23/01 TIGER BAY 126N 07-08/01 13-20/01 25-26/01 TIGER SPEED 314N 12-13/01 18 24/01 29 30/01 TIGER ISLAND 127 15-16/01 (FOR DISCHARGE ONLY® I VESSEL VOY
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      Page 39 Advertisements Column 3
      353 39 Pl DONGNAMA LINE COWTAINKMStD SIRVtCE >TWAITB/M.W/WC/BBN «sai (MB) 5 f* KM FMG «C OSN MAM MI4M It'll M/ll 15/11 I'/ll 11/11 11/11 TUSUU Ml« 11/11 12/11 11/11 21/11 21/11 SMCMC lIMU rtOl* 14/ II II II lt/ll 21 II M/ll 12/12 MS TUN mm 21/11 21/11 2VII M/ 12 W/12
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      Page 39 Advertisements Column 4
      425 39 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E !jj§A ETHIOPIAN SHIPPING LINES i Y (National Lints of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmnl Voy ETA Loading For Sport Abbay Wonz 42W8 25/01 Mombaaa. Djibouti Assab. Massawa Abbay
      425 words
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      424 43 A. HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 \m I pke pgp j vessels voy sin rtm I ant I leh I ham tm fel ITl\7 5715 ilTir H. FRONTO 314W 02/01 20/01 22/01 21/01 22/01 22/01 24/01 2/01 5/01 07/01 St FttEDOM 314W 09/01 27/01 29/01
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      Page 43 Advertisements Column 2
      378 43 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE I RORO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS VESSEL «0> n IOAOWG Ft* OCEAN BLUE I 2J/12 t*IARA 1/1 CHAMPION TRADER 42 2/1 BNIU.U 1/1 lAM JUNC MAMS 11/1 KUCHMG 12/1 COSMIC TRAOER 53 5/1 7/1
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      Page 43 Advertisements Column 3
      715 43 VESSEL 1 VOY SM ETA/D LAX I OAK I CHI 1 DAI HCM/CO. "HOU NYC NOR HEMY HUDSON BRPGE »0A 23/12/30/12 15/01 17/01 H/01 19/01 19/01 20/01 20/01 21/01 ALLIGATOR VICTORY MA 05/01 /06/01 22/01 24/01 2S/0» 26/01 26/01 27/01 27/01 2S/01 MACKINAC BRPGE 82A 12/01 /13/01 29/01 31/01 01/02
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      305 43 TODAY'S TIDES (height in metres) HOUR OOOO 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 K 1.4 12 1.2 1.3 1.6 2.0 2.4 2.7 2.8 2.7 2.4 2.0 1.5 1.1 0.9 08 08 10 1.4
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