The Business Times, 17 December 1991

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, December 17, 1991 75*
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  • NEWS SUMMARY
    • 69 1 LONDON British manufacturing output fell 0.5 per cent in October from the previous month, confounding economists' expectations of a 0.4 per cent rise, according to official figures released yesterday. Industrial output as a whole, influenced by a 5 per cent rise in energy
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    • 55 1 TOKYO IBM Japan Ltd announced yesterday that it will strengthen sales activities through a major reorganisation programme featuring the relocation of employees. Under the programme, which is to start next month, about 16,000 employees or 65 per cent of the total will engage
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    • 31 1 A Trade Development Board mission leaves for Vietnam today to look for business opportunities in sectors such as petroleum and petroleum products, agricultural and marine products Page 2
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    • 30 1 WASHINGTON should normalise relations with Hanoi to help US investors, says the first formal American business delegation to visit Hanoi since the Vietnam War Page 2
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    • 31 1 HOTELS, department stores and supermarkets in Singapore are expected to achieve a rebound in revenue next year when tourist arrivals stage a recovery and local consumption grows Page 3
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    • 23 1 PORTUGAL is threatening to take action against Indonesia's joint plan with Australia to allow oil exploration off East Timor Page 9
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    • 27 1 THE US$l.3 trillion (SS2.I trillion) Third World debt problem is far from over, the World Bank has warned in a report Page 10
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    • 27 1 AMERICAN aircraft manufacturer Boeing has been exploring a relatively new technology called neural networks to help build up a more effective database Page 15
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    • 19 1 SINGAPORE-based Abacus Distribution Systems has made a mark on the China market. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 32 1 WALL STREET opened up slightly yesterday with the Dow Jones index of 30 leading industrials climbing 1.11 points (0.04 per cent) to 2,915.47 in the first five minutes of trading.
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    • 44 1 LONDON share prices were lower at midday yesterday after the exchange building was evacuated for two hours in the morning following a bomb threat. At about 1200 GMT, the FTSE 100-Share Index was down 7.2 points, or 0.2 per cent, at 2444.4.
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    • 25 1 BERMUDA-based IMC Holdings has placed yet another order for a Panamax bulk carrier to be delivered by January 1994 Page 5
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    • 28 1 LISTED Burwill Holdings, 21.23 per cent owned by lntraco, has agreed to buy four ground-floor shops worth HKS6O.3 million (SS 12.7 million) in Kowloon Page 5
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    • 28 1 RECEIVERS of Fairfax publishing house yesterday awarded Australia's oldest and sec-ond-largest media group to a group led by Canadian publisher Conrad Black. Page 6
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    • 27 1 THE State Railway of Thailand is set to enter the real estate development industry with a number of ambitious projects in the pipeline. Page 6
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    • 18 1 THE Asian dollar market is showing sign of bottoming out Page 8
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    • 24 1 Exchange rates USS SS 1.6515 100 Yen SS 1.2857 MS SS 0.6011 Money market rates Overnight 2 3/8 +1/4 3-month 2 13/16% 1/16
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    • 38 1 London GoM AM fix U*****.05 +USSI.IS Rubber S pore Jan 127.75«/ kg -1.25 M'sia Jan ZIS.OO'/kg -0.50 KL Tin Turnover 34 tonnes -23 Spot M514.69/kg +0.03 Crude palm oil Turnover 1,304 lots +488 March MSB9B /tonne -8
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    • 29 1 Monday CI—p BT-MGA 709.07 6.75 Kuala Lumpur —542.45 +4.60 Tokyo 22,836.67 81.77 Hongkong 4,171.66 +16.18 Sydney 1,605.2 +7.1 Friday Change New York 2,914.36 +19.23 London 2,451.6 +28.3
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  • 424 1  -  Investors optimistic about prospects for $4b complex By Loh Hui Yin SINGAPORE A decade after ground was broken for Singapore's first petrochemical complex, the Republic is taking a firm step towards having a second complex by 1995. Although the new complex is
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  • 453 1  -  From Lilian Ang in KUALA LUMPUR ALREADY a major investor in the Malaysian petrochemicals industry, Petronas plans to spend a further Ms 3 billion (SS 1.8 billion) to Mss billion over the next 10 years. Tuan Haji Ali Yassin, Petronas' vice-president
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  • 374 1  -  By Quak Hiang Whai SINGAPORE Publiclylisted companies will now have to disclose more when they make key managerial and directors* appointments under stricter disclosure rules introduced by the Stock Exchange of Singapore (SES) yesterday. The new rules also require disclosure of appointments of people
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  • 232 1 SINGAPORE The Singapore bourse took its cue from gains in overseas markets and positive domestic factors yesterday. The Straits Times Industrials Index managed an 18.09-point rise to close at 1,459.41 yesterday. This came on the back of a 16.41point rise last Friday. Blue chips hogged the
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  • 314 1 Reuter TOKYO Japanese officials are worried that US President George Bush's visit to Tokyo next month may become a showcase for bilateral trade troubles. They had hoped the trip would be a chance to talk of weighty diplomatic matters, such
    Reuter  -  314 words
  • 310 1 Reuter TOKYO Japan's economy is slowing, but this is part of a move towards more balanced growth after a period of excessively high growth, according to the country's central bank chief. "It is the process of the economy being adjusted or being normalised and is
    Reuter  -  310 words
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    • 28 1 HK bourse reacting to overseas markets, Pg 6 Bush pledges to press Congress oa free trade accord, Back Pg Busk to life Singapore Lecture iu January, Pg 3
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  • PAGE 2 NEWS
    • 523 2 Chamber of Commerce calls for better ties to promote trade Reuter HANOI The first formal American business delegation to visit Hanoi since the Vietnam War has urged Washington to normalise relations with its old enemy to help US investors. "The prevalent attitude
      Reuter  -  523 words
    • 287 2 SINGAPORE A Trade. Development Board mission leaves for Vietnam today to look for business opportunities in sectors such as petroleum and petroleum products, agricultural and marine products, banking and commerce, and general trading. The five-day mission, the first by the board
      287 words
    • 266 2 Reuter TOKYO The Japan Securities Dealers Association (JSDA) and the Tokyo Stock Exchange are planning revisions to the auction system used for companies offering shares to the public for the first time. The revisions are aimed at letting more investors buy newly-offered shares
      Reuter  -  266 words
    • 437 2 Miyazawa reportedly planning pump-priming measures Reuter TOKYO Recent remarks by government leaders suggest the Bank of Japan (BOJ) will cut the official discount rate in the first quarter of next year to prevent the economy from slumping, economists said yesterday. Following an urgent
      Reuter  -  437 words
    • 324 2 Reuter TOKYO Japan needs to make a greater effort to stabilise the yen, with a firm bias, to help balance its external imbalances, Bank of Japan Governor Yasushi Mieno said yesterday. "The yen rate should reflect fundamentals. Japan needs to make
      Reuter  -  324 words
    • 581 3  -  Study expects this year's tourist receipts to fall 2.6 pc By Sangeeta Mulchand SINGAPORE Revenues of hotels as well as department stores and supermarkets in Singapore are expected to rebound next year, when tourist arrivals stage a recovery and local consumption grows,
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    • 320 3 SINGAPORE Singapore's tourism industry is not alone in its worse-than-expected performance this year. Arrivals at Singapore's competing destination countries Malaysia, Indonesia, Thailand and Hongkong were also affected by the Gulf War and uncertain world economy, according to a joint study by a
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    • 276 3 Reuter CANBERRA The Australian government will do nothing "hare-brained" to stimulate the economy if forecasts in the August budget are not met, Treasurer Ralph Willis said yesterday. "We're not going to be doing anything hare-brained If we see that (economic recovery in the first
      Reuter  -  276 words
    • 308 3  -  Frow Florence Chong in TAIPEI TAIWAN, one of the latest entrants to the Asia-Pacific Economic Cooperation (Apec) grouping, is working on a programme to promote small and medium-sized businesses in the region. It hopes to submit a plan for discussion by senior officials
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    • 355 3 SINGAPORE US President George Bush is to deliver the next Singapore Lecture, which will be chaired for the first time by Senior Minister and former Prime Minister Lee Kuan Yew. Announcing this yesterday, Institute of Southeast Asian Studies (Iseas) director KS Sandhu said
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  • Page 3 Advertisements
    • 523 3 JOINT VENTURE I jl OPPORTUNITIES I wl|o Singapore and New Zealand I 17 February 1992 I Canning Room, Raffles City Convention Centre I Singapore I Organised bv There are great opportunities for Singapore companies to enter joint venture I arrangements with New Zealand companies. Many Singapore organisations I 7 no
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    • 150 3 Surveys highlight poor economic condition, Pg 10 Aussie rates projected to bottom after cut, Pg 29 Author*—d P—ton: All watches Wiinia Afrie /teia Welch: Parkway Parade Chew Cheong Watch: Shaw Centra, Wiema Alria Grand Classic: New Bridge Road International Watch People s Park Complex Leong Poh Km Beach Road Nanking
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  • SINGAPORE NEWS
    • 353 4  -  By Sangeeta Mulchand LOCAL and regional investors are displaying a high level of interest in the three properties in Marina South which formed the flagship of now bankrupt Moroccan businessman, Elyamani Khamis. Property agents Jones Lang Wootton told BT that a number
      353 words
    • 469 4  -  Suitable S'pore facilities could not be developed in time, says firm's president By Joseph Rajendran AMERICAN disk-drive maker Integral Peripherals has delayed the start of its manufacturing operations in Singapore by about six months. The company had planned to start making its 1.8-inch miniature drives
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    • 249 4  -  By Claire Leow HOMEGROWN firm Spindex Precision Engineering, which makes miniature parts for the electronics, computer and telecommunications industries, has set up a $1.88 million plant in Jurong, with substantial backing from the Economic Development Board. More than 62 per cent of the money
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    • NEWS ROUNDUP
      • 189 4 DR OW CHIN HOCK, the Member of Parliament for Leng Kee, now heads the Government Parliamentary Committee for Finance, Trade and Industry in a swap that involves MPs Peter Sung and Bernard Chen. The latest issue of the People's Action Party magazine Petir says Dr
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      • 87 4 OWNERS of Housing Development Board flats and shops will not have to pay ground rent from next year. A press statement issued by the board yesterday said the move would reduce administrative costs and remove an inconvenience to residents. A board spokesman said the flats and
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      • 32 4 THE PUBLIC can now call the Parks and Recreation Department free of charge for queries on general matters and maintenance of trees and shrubs. The toll-free number is 222-6036.
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      • 60 4 THE SINGAPORE Broadcasting Corporation has changed the name of its Mandarin radio station FM 95.8 to City Sounds 95.8 FM. At the launch yesterday by the director of radio, Madam Chua Foo Yong, and the station's presenters, SBC said the new name aimed to capture the
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  • COMPANY NEWS 1
    • 477 5  -  By Lee Han Shih SINGAPORE IMC Holdings, whose results are often given a boost through trading in vessels, is again buying ships. Run by former Hongkonger Frank Tsao, who recently took up Malaysian citizenship, the Bermudabased IMC which has a secondary listing
      477 words
    • 288 5 SINGAPORE Singapore Aerospace (SAe) has paid US$4.5 million (557.4 million) for an American company which makes sheet-metal parts used in commercial aeroplanes. The 100 per cent acquisition of California Avi-Tron (CAT) is the Singapore company's first total buy-out overseas. A company statement said:
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    • 407 5 Bernama Reuter, KUALA LUMPUR YTL Corporation Bhd's 32 per cent-owned Orient Express luxury train service between Singapore, Malaysia and Thailand will start its trial run in mid-August next year, in conjunction with Thailand's Queen Sirikit's 60th birthday, officials said yesterday. The
      Bernama; Reuter,  -  407 words
    • 181 5 Bernama KUALA LUMPUR PUui-tation-based Kumpulan Guthrie Bhd, which plans to establish itself as a major participant in the Information Technology business in the country, yesterday signed a joint-venture agreement with two Danish partners to set up a company to market computer software and hardware in
      Bernama  -  181 words
    • 333 5 Bernama KUALA LUMPUR Concrete Engineering Products Bhd will have a second production line for the manufacture of small diameter piles in its factory in Pasir Gudang, chairman Tengku Ahmad Rithaudeen bin Tengku Ismail said yesterday. Speaking to reporters after the balloting of the burrkiputra
      Bernama  -  333 words
    • 367 5  -  Purchase financed by internal resources, borrowings Lee Han Shih SINGAPORE Burwill Holdings Ltd, an associate of Intraco and a metal trader re-entering the property business, has agreed to buy HKS6O.3 million (about 5512.8 million) worth of shops in the part of Kowloon facing Hongkong
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    • 417 5  -  From Sylvia Wong in KUALA LUMPUR PLANTATION-BASED Kurnia Setia Bhd, the first company on the Bumiputra Stock Exchange (BSE) to be upgraded to the main board of the Kuala Lumpur Stock Exchange (KLSE), is looking towards property development and income from
      417 words
    • COMPANY BRIEFS
      • 136 5 KUALA LUMPUR Berjaya Leisure Bhd has recorded a 84 per cent jump in group after-tax profits to M 526.13 million (SSIS.6B million) for the six months ended Oct 31, 1991, up from M 514.2 million in the previous corresponding period. The improved performance came
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      • 53 5 SINGAPORE Wharf (Holdings) Ltd, the holding company of Singapore's Marco Polo Developments, will be changing its financial year-end from March 31 to Dec 31. As a result, Marco Polo Developments and its two wholly-owned subsidiaries, Everbilt Developers Pte Ltd and Marcobilt Developers Pte Ltd, will also
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      • 28 5 SINGAPORE Overseas Union Securities (OUS) has announced that as at Nov 30, 1991, the group's unaudited net tangible asset backing was $2.63 per share.
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      • 71 5 KUALA LUMPUR Kretam Holdings Bhd is lining up a MsB3 million (5549.8 million) bank guarantee facility to finance the acquisition of seven companies and a piece of land. Replying to queries from the KLSE, Kretam said that upon maturity, it would be converting the bank
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      • 101 5 KUALA LUMPUR Industrial Oxygen Incorporated Bhd (IOI) expects an improvement in its performance for the current financial year, chairman Tan Sri Lee San Choon said in the group's latest annual report. Noting that lOl's profitability would be much dependent on commodity prices, he said that although
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    • COMPANY BRIEFS
      • 115 6 SEOUL South Korean flag carrier Korean Air Lines Co (KAL) has been offered up to a 40 per cent interest in Philippine Air Lines (PAL) from a group planning to acquire the 80 per cent stake owned by the Philippine
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      • 73 6 TAIPEI Fourteen Taiwanese banks have agreed to lend US$l.l billion to EVA Airways, the island's second international airline, for aircraft purchases, a leading economic newspaper said. The loans will allow EVA to buy two Boeing 7675. six Boeing 747s and four McDonnell Douglas Corp MD-1
        73 words
      • 76 6 WELLINGTON Primary producer Apple Fields Ltd said it will raise NZ$9.l million through a share placement and rights issue. Two million shares will be issued in the placement at NZ$l.9O a share. Apple Fields closed at NZ$2.5O on Friday. The rights issue will be a
        76 words
      • 73 6 TOKYO Japan's Fair Trade Commission (FTC) more than trebled convictions against unfair trading practices to 22 in fiscal 1990. the watchdog said in a report on Friday. This compared with seven cases in the liscal year ending March 1989, the fair trade watchdog said. Fines
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      • 105 6 MELBOURNE Merchant bank Grant Samuel and Associates has been appointed to determine takeover prices for minority shareholdings in Hawker de Havilland Ltd and Westinghouse Brake and Signal Co (Australia) Ltd, the Australian Securities Commission (ASC) said. BTR pic or its 62.5 per cent unit BTR
        105 words
      • 67 6 TOKYO Nippon Steel Corp will take a 4.93 per cent stake in Toho Titanium Co Ltd. the second largest titanium smelting companv in Japan, a Nippon Steel spokesman Nippon Steel will buy half of three million new shares which Toho will issue in
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    • 218 6 Reuter SEOUL Up to 40 South Korean companies are ready to invest in North Korea and have opened informal joint venture negotiations. The Hankook Daily, which quoted South Korean Trade Ministry and industry sources on Sunday, said the entrepreneurs were awaiting North-South
      Reuter  -  218 words
    • 490 6 Reuter SYDNEY The drawn-out battle for the Fairfax publishing house ended yesterday when the receiver awarded Australia's oldest and secondlargest media group to a group led by Canadian publisher Conrad Black. "Tourang is delighted to have been successful in acquiring one of the finest
      Reuter  -  490 words
    • 324 6 HONGKONG Beer sales have been dismal this year for San Miguel Brewery Ltd, producer of more than 60 per cent of all beer consumed in the territory, according to a South China Morning Post report. "There has been an awful lot
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    • 300 6 Reuter TOKYO Japan's Toyota Motor Corp said yesterday it had slashed the company's net profit forecast for the vear to June by 50 per cent from 300 billion yen (553.86 billion) to 200 billion yen. The downward revision reflects declining car sales, expectations of a stronger
      Reuter  -  300 words
    • 275 6 BANGKOK The State Railway of Thailand (SRT) is set to enter the real estate development industry with a number of ambitious projects in the pipeline, according to a Bangkok Post report. The first project will be a joint venture with the
      275 words
    • 263 6 Reuter NEW DELHI A large US power company has signed a memorandum of understanding (MOU) with the eastern Indian state of Orissa to explore the feasibility of setting up a thermal power plant. A state government spokesman said last Sunday that
      Reuter  -  263 words
    • 602 6 MARKET TALK Reuter HONGKONG Hongkong's stock market, a hostage to overseas uncertainties and holiday blues, will trade in a range in the near term, analysts said. "Hongkong will continue to be very reactive to New York and Tokyo because volume is very low and
      Reuter  -  602 words
    • 375 7 The Maxwell Muddle Reuter LONDON Robert Maxwell's son Kevin faced a court deadline yesterday to supply information about his tycoon father's empire which collapsed in one of the century's most spectacular business failures. Kevin Maxwell has pledged to spend every waking hour tracing
      Reuter  -  375 words
    • 329 7 Reuter BUENOS AIRES Argentina's giant auction of Telefonica de Argentina phone company shares has been seen as a smashing success at the end of a five-day subscription drive. Bankers and officials said yesterday that the sale of 30 per cent of Telefonica
      Reuter  -  329 words
    • 512 7 Reuter TOKYO Japanese computer software makers are likely to show double-digit growth in profits for the year to March 31, 1992, although growth will not be as dramatic as in the past two or three years, industry analysts said. "Unlike computer hardware
      Reuter  -  512 words
    • 303 7 Reuter NEW YORK A victory in the war against Aids is not yet evident in the laboratories, despite a recent run-up in pharmaceutical companies' shares, the US weekly financial newspaper Barron's said in its current issue. Waiting five or 10 years
      Reuter  -  303 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 112 8 BANGKOK Two Japanese men suspected of defrauding financial institutions to the tune of 200 billion yen will be sent back to Tokyo to face charges, a Japanese embassy spokesman said. Thai police agreed on Monday to hand over Susumu Morimoto, 38, the former deputy
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      • 103 8 SYDNEY The Australian Mutual Provident Society (AMP) said yesterday about 550 people will be sacked in a restructuring of its sales and policy processing operations The AMP, Australia's largest life insurance group, said more than Asss million in savings a year would be achieved as
        103 words
      • 94 8 DUBAI Emirates Airlines, owned by the government of Dubai, has taken a US$53.B million loan fromi HSBC Holdings unit The British Bank of the Middle East (BBME) to buy a new Airbus Industrie passenger aircraft. A BBMt spokesman said the loan would finance the purchase of
        94 words
      • 97 8 MELBOURNE S&P Australian Ratings Ltd said it has raised the long-term rating of The News Corp Ltd to BB minus from B. Its parent company, Standard and Poor s Corp, simultaneously lifted Twentieth-Century Fox Film Corp subordinated debt to B from CCC plus_ and Fox Television
        97 words
    • 301 8  - Asian market shows signs of bottoming out By Chew Eng Han SINGAPORE The Asian dollar market may have hit bottom, after seeing a sharp slowdown since the early part of the year. For the first time this year, total assets of Asian Currency Units (ACU) showed a month-on-month rise in
      301 words
    • 117 8 Reuter BEIJING The Shenzhen Stock Exchange, one of communist China's two experiments with capitalist-style financial markets, has published rules governing the issue of new "B"-type shares to foreign investors. The regulations, printed in the Shenzhen Special Zone Daily, set the legal framework for opening
      Reuter  -  117 words
    • 231 8 Reuter TOKYO Sumitomo Corp has declined comment on allegations that it had asked for confirmation of copper deals that may not have taken place. Market sources said it was unclear whether such a statement would be made. Yasuo Hamanaka, senior manager of Sumitomo's copper trading
      Reuter  -  231 words
    • 452 8 HONGKONG Mainland China's trading flagship China Resources has secured a stake of about 30 per cent in the Lippo-led consortium bailing out the stricken Bank of Credit and Commerce Hongkong, according to the Sunday Morning Post. China Resources' connections are expected to
      452 words
    • 176 8 THAILAND The Finance Ministry has issued a ministerial regulation allowing finance and securities firms to operate leasing businesses, says a well-informed source. According to The Nation, the source said the Bank of Thailand would soon issue a circular to all finance and se- curities
      176 words
    • 671 8 MARKET TALK No consensus on traditional year-opening market surge IHT WASHINGTON What next? This unanswerable question, which economists, market traders and analysts put to themselves every working day, poses itself in an especially acute form as we near the end of the year. Much of
      IHT  -  671 words
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  • THE REGION
    • 460 9 Lisbon threatens action against Indonesian-Australian plan for oil exploration AFP JAKARTA Portugal will take action against Indonesia's joint plan with Australia to allow oil exploration off East Timor, Portuguese Foreign Minister Joao De Deus Pinheireo said in an interview published yesterday. As the
      AFP  -  460 words
    • 366 9 BANGKOK After 10 months of scrutiny and heated debate, Agriculture Minister Anat Arbhabhiram has announced that he will not re-submit the National Agricultural Council bill to the Cabinet, the Bangkok-based The Nation has reported. This effectively terminates plans to establish the council. The announcement, reported
      366 words
    • 556 9 AFP BANGKOK Thailand is bracing for upcoming elections after a year during which the aspiring newly industrialised country (NIC) saw mixed performances in the political and economic spheres. While many credit the Feb 23 military coup with installing one of the best governments this
      AFP  -  556 words
    • 234 9 BANGKOK Excessive dependence on a few major markets and the inability of the Thai export industry to diversify its product line are the main factors that could lead to sharply reduced growth for Thai exports. The Bangkok-based The Afa/zonlast Saturday quoted Thai Commerce
      234 words
    • NOTE BOOK
      • 68 9 HONGKONG Hongkong's seasonally adjusted unemployment rate for August-October climbed to 2 per cent from 1.5 per cent in the same period a year earlier, Census and Statistics Department data showed yesterday. The seasonally adjusted unemployment rate for the three months to
        68 words
      • 72 9 MANILA Deposed Philippine Senate president Jovito Salonga declared yesterday he has joined the opposition and criticised President Corazon Aquino for mishandling the country's foreign debt and land reform. Last Thursday, 13 of the 23 senators ousted him from his post, which he had held since 1987.
        72 words
      • 84 9 KUALA LUMPUR Small and medium-scale industries should provide linkages for the industrial sector and at the same time, help deepen the national economy, Malaysian Deputy Finance Minister Haji Abdul Ghani Othman said yesterday. He said they could create a niche for Malaysia in the world
        84 words
      • 101 9 KUALA LUMPUR Malaysia yesterday said it will spend Mslo million (Ss6 million) to fight lobbyists campaigning against its exports of tropical hardwoods. Primary Industries Minister Lim Keng Yaik said that the money would be used to counter propaganda spread by militant environmentalists that Malaysia was
        101 words
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • 97 10 FRANKFURT Three leading German economists have warned that high wage accords could have a decisively negative impact on Germany's economy next year. "Wage policies hold the key to whether we have a longer recessionary phase ahead of us or a successful upturn," Ulrich Ramm,
        97 words
      • 86 10 LONDON British manufacturers have reported a deterioration in export order books in December, the Confederation of British Industry said in its latest Monthly Trends survey published yesterday. The fall is a setback to the government, which has forecast a 6 per cent rise in exports
        86 words
      • 76 10 MOSCOW Russian Foreign Minister Andrei Fyodorov was quoted yesterday as saying force will not be used to extradite former East German leader Erich Honecker from Moscow ana it is up to Germany and Chile to solve the case. He told the Russian Information Agency that no force
        76 words
      • 64 10 BEIJING China's farmers, among the chief beneficiaries of sweeping economic reforms in the 1980s, no longer believe they can grow rich, according to a survey published yesterday. "Although 65 per cent of farming households lack confidence in 'farming can lead to riches', the great majority could
        64 words
      • 70 10 BEIJING China has attracted about US$2l.3 billion (5535.1 billion) in foreign investment since it reformed and opened its economy at the end of the *****, the People's Daily said yesterday. The bulk of the capital headed towards China's coastal zones, it said, adding that the
        70 words
      • 92 10 TOKYO About 57 per cent of Japanese oppose increased foreign aid, saying the government should worry about its own citizens first, according to an opinion poll. The newspaper Mainichi said the opinion poll of 3,000 people conducted from Nov 29 to Dec 1 showed only
        92 words
    • 350 10 Reuter TOKYO Japanese bankers and brokers, still hung over from the scandals of 1991, are bracing themselves for major headaches in the new year from souring realestate loans and a moribund stock market. "This year was the harshest, not only
      Reuter  -  350 words
    • 677 10 Reuter TAIPEI Taiwan, a major economic power but a diplomatic outcast, is flexing its financial muscles as it seeks to end two decades of international isolation. In recent months, the island has won a string of small but significant diplomatic victories, from a huge arms
      Reuter  -  677 words
    • 525 10 Rich countries urged to move quickly to forgive more debt Reuter WASHINGTON The World Bank has warned that the US$l.3 trillion (SS2.I trillion) Third World debt problem is far from over and urged rich nations to move quickly to forgive more de-veloping-country
      Reuter  -  525 words
    • 230 10 AFP SYDNEY Australia's economic growth remains flat and business confidence is crumbling, according to separate surveys released yesterday. Westpac Banking Corp economist Bill Evans said the December quarter Confederation of Australian IndustryWestpac survey of industriid trends showed business confidence was "very low". The survey
      AFP  -  230 words
    • 441 10 MBT KUALA LUMPUR Difficulty in securing people with basic engineering education, job-hopping, underdeveloped supporting industries and restrictions on work permits are some of the factors hindering technology transfer from Japanese companies to Malaysian firms. Other factors include the long time required for technology
      MBT  -  441 words
    • 292 10 MBT KUALA LUMPUR The Selangor government and the private sector will develop 2,111 hectares of new industrial sites outside the Klang Valley in the next five years. The new areas are in Hulu Selangor (940 hectares), Sepang (895 hectares), Hulu Langat (216 hectares)
      MBT  -  292 words
    • 720 10 Success of accord hinges on UN's commitment and SNC's cohesion AFP PHNOM PENH Peace came to Cambodia in 1991, but the key question now is will it last? Cambodians witnessed their most momentous events in years as a peace treaty ended their civil war, their
      AFP  -  720 words
  • Page 10 Advertisements
    • 132 10 I I Only 20 fortunate folk will feel this IHR3 coro> 9°^P^ Ericsson Hotline llreSfiH f o SpwdV mimed, IBSI *»s limited edition wil never, ever, be lipSgßl offered again Its valve over the years ISsBS is as good os gold WIU BOLD-PLATED HMIDPHPHES. (IN OUR COLLECTIBLES COMPETITION] All you
      132 words

  • THE WORLD
    • 407 11 Reuter SEOUL South Korea and China will hold economic talks in Seoul this week on accords on bilateral trade cooperation and guaranteeing mutual investment between the two countries, a South Korean Foreign Ministry spokesman announced yesterday. The proposed talks comes on
      Reuter  -  407 words
    • 477 11 Reuter WASHINGTON Six United States Democratic presidential hopefuls have slugged it out in their first nationally televised debate but most of the blows landed on the man who was not there President George Bush. While the Democratic aspirants for
      Reuter  -  477 words
    • 668 11 In the dusk of the Gorbachev era NYT MOSCOW Looking back 1 now. the August coup was I both Soviet President Mik- I hail Gorbachev's finest moment. and the start of the i final act in his tumultuous i reign. The collapse of
      NYT  -  668 words
  • Page 11 Advertisements
    • 395 11 change armoury. Uke for instance the EISA 486. A hardware built on a 32,-bit EISA bus architecture. I K It comes models, 4/25 T. I Each is armed with Intel's 486 chip, an additional socket for Weitek coprocessor and II a 4MB RAM. Which expandable to 32M8 for the to
      395 words

  • 499 12 EDITORIAL WHEN the marine industry grew by more than one-fifth and recorded a turnover of $2.3 billion last year, the sector felt that it was at the peak of five consecutive years of growth. But the industry surprised itself this year not only by remaining well
    499 words
  • WHAT THE OTHERS SAY
    • 180 12 WEAPONS are not the root of evil, but they certainly do help it along. The recent Gulf War, with Iraq causing chaos with a war machine it should never have been allowed to build, pushed this simple lesson once again into international consciousness. And some of that
      180 words
    • 126 12 THE Koreans are moving closer to realising their dream for peace and unity in the peninsula. After four decades of Cold War confrontation, North Korea and South Korea have finally signed a nonaggression accord. North Korea was driven towards the accord by increasing international isolation as
      126 words
    • 182 12 FROM next year, Chinese students will have their registered names recorded first in their school record books and followed by their hanyu pinyin names in brackets. To the Chinese community, what is important is not whether their names are spelt in dialect or hanyu pinyin but the
      182 words
  • REGIONAL VIEWPOINTS
    • 164 12 HONGKONG has always been famed for the speed with which it can react decisively to changing events. At present, however, its attempts to get to grips with the consequences of its democratic elections seem woefully inadequate. Some may be tempted to blame the democratic process itself
      164 words
    • 149 12 TODAY, it has become almost chic to speak of consumers' rights, consumers' consciousness, consumer education and consumers' movement. From coffee-shops to large, airy seminar halls, people speak lavishly and eloquently on consumerism. However, it is sad to see Malaysians so badly missing the point. The truth is
      149 words
    • 127 12 MANY international players, although they would never admit it publicly, would probably be much more comfortable with a weak European Community. The United States, for one, is concerned about what sort of role it would play and what sort of influence it would retain vis-a-vis a strong,
      127 words
  • 886 12  -  A weakened union should be good news for most except union leaders. But as Leonard Silk will show, there is someone from the management side who is worried too Leonard Silk NYT George pshuitz, who was Secretary of State in the Reagan administration, is concerned about the
    NYT  -  886 words
  • Page 12 Advertisements
    • 38 12 W .i-^r>v»' If'"' r *,JI WB^ r 1 M ill itiPirfif <Sh. i 4 r JlLJifiiii -^H i«y^B i 'fIhIMMT WF Titanium 686 THE WORLD OF VISION So/e Agents for Singapore and Malaysia: Sin Kwang Optical Pte. Ltd.
      38 words
  • Page 12 Miscellaneous
    • 25 12 DOONESBURY BY ™udeau iammuH I I wsxttecer. I I 1"^ n gSw'JNS bSkr fr- PU0USH&NTH*POST. THAfiS 6*6,1 VAMAIX. I I mmfoSS* WMOM.JVHCAjajS.SHZ WBIT. -K potM*
      25 words

  • ANALYSIS
    • 1052 13  -  Philip Crawford speaks to a few investment experts to find out how they choose a good share Philip Crawford IHT HOW do you spot a hot share? According to some, it's a little like picking a horse at the race track, maybe even
      IHT ,  -  1,052 words
    • 1390 13  -  Malaysia's petrochemical industry is going full steam ahead with numerous multi-million-dollar projects. T ilian Ang reports from Kuala Lumpur Lilian Ang IT IS not quite the same as panning for gold. But would-be petrochemical operators in Malaysia staunchly believe that they are on to a
      1,390 words
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  • Page 14 Advertisements
    • 262 14 <' > H I AEROSPATIALE is the world's leading exporter of helicopters. 8 700 launch vehicle market, and the AIRBUS 30 share of the civil aviation marmachines have already been sold to 118 countries. In the United States, this ket. 70% of AEROSPATIALE'S turnover is realised in programmes which commercial
      262 words

  • INNOVATION & TECHNOLOGY 1
    • 578 15  -  Joseph Rajendran reports on computer systems that learn from experience and recognise patterns Joseph Rajendran HAVING a huge database of information is of no value unless a company can effectively use it to ■increase productivity. I This has been the experience
      578 words
    • 756 15 Computer buyers are seeing prices tumble while power and flexibility surge FT TEN YEARS ago, r Adam Osborne, the flamboyant British author and entrepreneur, unveiled the world's first "portable" computer an 11 kg mains-powered monster shaped like a sewing machine which rapidly assumed
      FT; Source: Dataquest Europe, May 1991  -  756 words
    • TECH TAKES
      • 94 15 MOSCOW Digital Equipment Corp plans to enter Russ and Ukraine through a wholly-owned subsidiary, and w expand into other republics as their requirements becon clear. The US computer firm said yesterday that proposals f almost 50 projects are under consideration. Contracts ha' already been
        94 words
      • 114 15 SINGAPORE The local showcase for computer bufl, Informatics '91, which ran for four days from Dec 4 to attracted 133,000 visitors. The attendance was a good sho\ ing compared with 128,000 visitors last year. Trade journi ists at the show also noticed how prices of
        114 words
      • 95 15 SINGAPORE Students of the Information Communicj tion Institute of Singapore (ICIS) have developed parts of aj integrated voice and data communication software systq based on a sub-set of the Integrated Services Digital Netwoi (ISDN). The system, called "Love-Talk", consists of into connected personal computers with one PC
        95 words
      • 77 15 SINGAPORE Unisys has appointed CL Computers distribute its Unisys Personal Workstation 2 (PW2) for ti local market. The agreement marks a first for both parti€ Unisys will aggressively market its PC product line in Sing pore "for the first time while CL Computers will begin explore the
        77 words
    • 288 16  -  Claire Leow looks at the fruit of an ISS-HP collaboration Claire Leow There is now a software, Fastrak, which uses artificial intelligence (AI) for efficient service support for customers by matching a task to an appropriate software engineer. The Institute of Systems Science and Hewlett-Packard Singapore
      288 words
    • 684 16 Repetitive strain injury leading cause of occupational illness in US Reuter COMPANIES are finding that computer terminals can cause health hazards that could cut into savings made from automation. The Financial Times, owned by Pearson pic, may face a strike over a computergenerated affliction
      Reuter  -  684 words
    • 224 16 AP Austrialian government scientists, who have already invented the self-shearing sheep, are working on breeding one with wool that would repel insects. That would eliminate the bane of the expensive sweater moths which lurk in closets and make a tasty snack of the wool.
      AP  -  224 words
    • 473 16 NYT IN A converted dairy barn, a stable and a boat storage shed outside Ithaca, New York, a number of fledging entrepreneurs and Cornell University professors are trying to make aquaculture history. For nearly a year, they have been raising trout indoors. More important, they
      NYT  -  473 words
  • Page 15 Advertisements
    • 205 15 Hear it from the experts! H" "A pedigree among portables." Personal Computer World, Septl99l "...the NB/386sx includes all the main ingredients of Compaq's no-compro- J mises standard setter..." PC World, May 1991 J "...the Tandon's powersaving technology and general high quality put it in a class with the Travelmate 3000
      205 words

  • Page 16 Advertisements
    • 72 16 K|_ Jfl Bv-''" jhHO|^^^H Aj| IfiSt l^r._, >•* ?,^rv JWMr .i. fl^^^^^^^^^^^MMMjfi||gwk, r r7 pM 3g£r Travel Bag $225-$1,189 *v WlaiLe loday most lealLer goods are mass-pr©<diii<cecll, Coaclk is lr<adilioiro<ally era flecL 'i rfCOACHI > AN AMERICAN LEGACY Understatedly elegant in design and finely crafted of supple, durable, natural leathers.
      72 words

  • SPORTS
    • 440 17 Grand Slam Cup AP MUNICH The Grand Slam Cup has had its problems trying to find its place among the world's top tennis tournaments in its two-year history. The concept is sound. It is designed to gather the top finishers from the four Grand Slam tournaments. The best
      AP  -  440 words
    • 358 17 AP DORADO, Puerto Rico The old bulldozer operator became a millionaire, the biggest money-winner in American golf. "No I," a joyous Mike Hill said on Sunday after his victory in the season-ending Champions tournament made him the leading mon-ey-winner on the Senior
      AP  -  358 words
    • 151 17 Reuter ALBERTVILLE, France Alpine resorts in France's Savoie region, basking in the pride of hosting the 1992 Winter Games, are Finding there are thorns on the Olympic rings. Most of the 10 Olympic venues are discovering, much to their dismay, that the Games are frightening away
      Reuter  -  151 words
    • SIDE LINES
      • 137 17 PARIS Terry Norris says he is the number one fighter in the world today. And many believe him. "I'm the best and I proved it," said the elegant American, who retained his World Boxing Council super-welterweight title by outpointing Argentine Jorge Castro after a brilliant
        137 words
      • 81 17 INGLEWOOD, California An 11-game scoring streak and his leap into second place on the National Hockey League's all-time goal-scoring list have all but erased Wayne Gretzky's slow start this season. Gretzky scored his 731 st career goal on Saturday night as the Los Angeles Kings played the
        81 words
      • 151 17 ALTA BADIA, Italy Alberto Tomba set off an explosion of "Tombamania" on Sunday, skiing the fastest times in both giant slalom heats to win his 23rd World Cup race and beat a quartet of Swiss that followed right behind him. About 30,000 fans created traffic
        151 words
      • 57 17 HONOLULU, Hawaii Kenya's Benson Masya turned his marathon debut into his first triumph here on Sunday when he won the Honolulu Marathon. Masya won in 2hrs 18min 24sec with Tanzania's Simon Robert Naali (2:18:43) second and Steve Jones of Wales (2:18:45) third. The race record time 2:11:43
        57 words
      • 103 17 WELLINGTON New Zealand athlete John Walker said yesterday that he was delaying his attempt to become the first 40-year-old to run a four-minute mile. Walker, the 1976 Olympic 1500-metre gold medallist, was to run the mile at a specially arranged meeting on his 40th birthday, Jan
        103 words
  • Page 17 Advertisements
    • 248 17 I :> BBS 3£&Bf R|j >. i H^ EVIDENTLY, THERE'S NOTHING AS CAPTIVATING. Today the new Jaguar XJS 4.0 Coupe is a clear 0-100 km/h in just 7.9 seconds. le" body roll on fas. bends. A degree of restrained luxury that surpasses evidence of a classic Jaguar line beautifully refined
      248 words

  • Page 18 Advertisements
    • 946 18 —jm Nothing Beats A Bud. flffiffl where to wine, dine riff 1 KINO OF B8»H8« GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES, OR LIGHT SNACKS
      946 words
  • Page 18 Miscellaneous
    • 476 18 TELEVISION AND RADIO Separate school's out jjl.T Mjjkt) Hl.i H 2. *xt2L2ff&* HHHHHH SBC 5 m 1 Choice) S£7u 4** ZtTSZl SmmMn 1.10»« Cujrency Exchange Dramatises the struggles that led l: !W|> U': Ik\ V OJO VMiifnMia Mm Fine 0.45 OmPIwOm(Q. M rEi »T!f! u URfinn(l to the racial desegregation
      476 words

  • LIFESTYLE
    • 872 19  -  Clyde Haberman on why the Israel Philharmonic has decided to play music by an anti-Semite Clyde Haberman NYT Breaking a taboo of five decades and in the process causing some Jews considerable pain, Israel's premier orchestra said on Sunday that it would perform a programme of
      NYT  -  872 words
    • 754 19 500 years after his death, the British have developed a guilty conscience about King Richard 111 Reuter History recalls few villains as vile as King Richard 111, the ruthless hunchback who stopped at nothing to claw his bloody way to the English throne. He is
      Reuter  -  754 words
    • 499 19 CHATTERBOX ESTHER Friend Lichtenstein, who illustrated Little Red Riding Hood, Pinocchio and other children's books, has died. She was 84. Lichtenstein died on Friday at Hooverwood, a retirement home in Indianapolis. Painting under the name Esther Friend, Lichtenstein illustrated 85 books, including The Elves
      499 words
  • Page 19 Advertisements
    • 150 19 AND ENTERTAIN Catch the dynamic energy of Ms Rima Rasif and the Kabooms. Dynamite. Explosive. Superfun. Evciy Monday to Saturday Ak Happy Hours: 6 to 9 pm ANA HO f?^ (one for one special) SINGAPORE 16 Nassim Hill, S-ngapore 1025 Telephone (65) 732 1222 I A promotion depends on how
      150 words
    • 34 19 m. yw M*S s M HI" < CLASSICAL JAPANESE FOOD PREPARED IN THE TRUE KAISEKI STYLE. Complete set Lunch from $18.00+ Sushi Set Lunch from $18.00+ TempuraChawanmushiSet Lunch at $20.00+ YfmDon'tHmToßeAl^mbertoEt^FimDmmt fflljiy ft» REBERVAIIONS *****11
      34 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3755 20  -  By Genevieve Cua THE SIGNS were promising. Domestic and overseas factors were ripe and there was keen buying interest in blue chips, which pushed the benchmark Straits Times Industrials Index up 18.09 points, or nearly 1.3 per cent, to 1,459.41 yesterday. Encouraged by these,
      3,755 words
    • Article, Illustration
      72 20  -  By Chew Eng Han Comment FIVE-DAY stochastics are heading up and will provide short-term support. A rally to 58/59 cents is quite likely as long as support at 52 cents holds. A break above 60 cents will imply a further move to strong resistance between 66 and 68
      72 words

  • 2504 21 OUE 815 +25 +3.2% Spore Land 535 +25 +4.9% C Properties 700 20 2.9% DBS Foreign 1190 20 +1.7% ,FELS 50* 610 20 3.4% OCBC Foreign 1080 +20 +1.9% FAN 870 +15 +1.8% Keppel Corpn 775 +15 +2.0% Semb Shipyard 780 +15 2.0% City Dev
    2,504 words
  • Page 21 Advertisements

  • 3210 22 Geniings 50* 665 +10 +1.5% MISC Foreign 464 +10 2.2% High Low 50« 184 +8 +4.5% MTC 78' 276 +8 +3.0% Rashid Hussain 197 +7 +3.7% H Leong Ind 50« 438 +6 +1.4% M Cement 50* 210 +6 +2.9% MAS 400 +6 +1.5% Sungei Way
    3,210 words
  • Page 22 Advertisements
    • 63 22 A MONTHLY MAGAZINE OF BUSINESS TRENDS [JBKs' The Singapore economy: a replay of'Bs? Jakarta landlord HomooseaowEßs I Blossoming of South-east Asia's Training and the "third wave" r stock markets Getting to know golf for Royal Sporting House keeps running Investment spotlight on SAL Industrial ahead Leasing and Parkway Holdings Reebok's
      63 words

  • BT SHARE INFORMATION SERVICE
    • 248 23 C«--y Date Ytw Croup M«t Mratoft firm am to praflt/ton (L) par ster* (•OM) (coats) Lum Chang Dec 11 Jun 91 $3,433(56.806) 2(4) 2(3) Eu Yin Sang Dec 10 Jun 91 $459($342) 5.1(3.8) 1(1) RMCA Re Dec 9 Jun 91 $56,2161(19.7481) Pan Pacific Dec 6 iun 91 $795(11.492)
      248 words
    • 145 23 Company Date Yur Grwm pre-tax Mat earamg* Cms ana to praflt/lws (L) par share dMdaml COM) (canto) Asia Pacific Dec 13 Sep 91 $111,909(195.585 55 4(46 8) 40 6(38 6) F&N Dec 13 Sep 91 $177.416($141.941) 326(30 1) 194(179) CiC Dec 10 Sep 91 $105,590(183.197) 41 1(30 8)
      145 words
    • 348 23 Company Data Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Kamunting Dec 13 Sep 91 M$21.444 ($9.793) M Credit Dec 13 Sep 91 $8.544($8.090 K.m Eng Dec 11 Sep 91 *5.000(16.013) Metatock Dec 10 Sep 91 $3,404(53.938) Alei Htdgs Dec 9 Sep 91 $926(11.4461) The Hour
      348 words
    • 275 23 Dfc 11 Cit y Developments is proceeding with plans for King's Centre, a S37om development which will add 800 new hotel rooms in the Havelock Road vicinity, after a delay of eight Sim UEP Properties Bhd plans to convert the bulk of its Johor land bank in Pasir
      275 words
    • 881 23 Cwrwrt Ex Books Date Total for Total lor ptyflioflt dato doM pjyaW® tfco yoar last yoar MS8 50c 121(b) Dec 30 Ian 14 lan 21 12% 101 Anal Steel 50c 10% Dec 9 Dec 23 Jan 20 20% 20% Amtek Ei* 20c 6%TE Dec 5 Dec 11 Dec
      881 words
    • 184 23 Company Rights tesiw City for Renounceable njhts issue on (he basis of one-tor-ten g, $2 85 per share Ei-date: Dec 9 Books dose: Ok 19 Acceptance Payment NYA H Net*« One-Kx-one <& $275 per share Ex-date Nov 12 Books dose: Nov 22 Acceptance Payment Jan 2 1992 MBf
      184 words
    • 506 23 Company Rights Issue tea Pac Laid Four tor seven fe MM 50 per share Atoce Tech One-tor-one fe $100 per share Bofton Issue of $90 978m normal amount of 35* Redeemable Unsecured Guaranteed Bonds 1991 96 with *****m detachable warrants on the bass of J2 nominal amount of
      506 words
    • 169 23 Pafrnco takings Bhd: 15th AGM at the Tanjung Bunga Room, The Casuarina Beach Hotel, Batu Ferringhi, ***** Penang. Malaysia, on Wednesday, Dec 18, at 11am. Cold Storage Hoidngs Ltd: 4th AGM at Mandarin Court A, Level 4, The Mandarin Hotel, 333 Orchard Road, Singapore 0923, on Wednesday, Dec
      169 words
    • 106 23 Coo version Special Trig Scriptess (on version deadline Period Trading Company starts (IDP) (ST) starts City De» Dec 26 Jan 16 Jan 6 Jan 16 Jan 17 H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTP Hldgs Sep 16 Oct 10 Sep 30 Oct
      106 words
  • CHARTING SERVICE
    • 419 23 Relative Strength Index: This index indicates overbought or oversold conditions as when a stock moves too much and too fast in either direction. Generally, an RSI above 80 indicates an overbought condition, while levels below 20 indicates an oversold market. The RSI is used
      419 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4852 24 Bernama KUALA LUMPUR Share prices ended broadly higher on the Kuala Lumpur Stock Exchange yesterday as the December window-dressing activity surfaced here amidst the uncertain performances of overseas markets, dealers said. The KLSE Composite Index added 4.60 points to 542.45 while the Industrial Index
      Bernama  -  4,852 words

  • STOCK EXCHANGE OF THAILAND
    • 2191 25 Reuter SHARE prices in Thailand closed lower on late profit-taking focused on banks after their substantial gains last week, brokers said. The SET Index ended 4.20 points lower at 695.48 on a low 2.2 billion baht turnover. Siam Cement rose two baht to 572,
      Reuter; SOURCE: PONT DATA  -  2,191 words
  • JAKARTA STOCK EXCHANGE
    • 1062 25 Reuter JAKARTA stock prices closed higher yesterday in heavy trading with nearly all market leaders showing gains, brokers said. The official index rose by 2.13 points to 245.57 and the volume of trade was 6.68 million shares, compared with Friday's 5.47 million. Gilt-edged
      Reuter  -  1,062 words
  • Page 25 Advertisements

  • Page 26 Advertisements
    • 126 26 REACH FOR THE CREATESTYOU'VE GOT THE BEST GOING FOR YOU. y)' WITH GREAT EASTERN LIFE, YOU CAN PUT YOUR WORRIES ASIDE KNOWING :M' m BHHfjf Sk f W THAT YOU CAN GET THE C lii m liPi '> 1 S 9 BEST. ■IN SECURITY BECAUSE OUR PROMISES AREBACKEDBYTHE i B£
      126 words

  • TOKYO STOCK EXCHANGE
    • 2565 27 AFP SHARE PRICES continued to rise on the Tokyo Stock Exchange yesterday with the Nikkei Average closing 81.77 yen higher at 22,836.67. The major market barometer of 225 selected issues in the major first section of the market gained 1,042.33 yen on Friday. The broader-based
      AFP  -  2,565 words
  • STOCK EXCHANGE OF HONGKONG
    • 2456 27 AFP SHARE PRICES rose only slightly on lack of fresh incentives on the Hongkong stock market yesterday, with the Hang Seng Index inching up 16.18 points or 0.39 per cent to close at 4.171.66. Turnover declined sharply to HKS92S million from Friday's
      AFP  -  2,456 words

  • REGIONAL STOCK MARKETS
    • 'Australian stocks close higher in flat trade
      • 908 28 THE AUSTRALIAN share market closed higher yesterday in dull, flat trading after holding on to gains made in morning business. Brokers said a combination of political uncertainty and the festive season Held investors on the sidelines, but offShore gains and futures trading had added some positive sentiment. "We thought
        908 words
      • 450 28 TAIWAN share prices finished lower yesterday in slow trade as pre-election caution kept investors sidelined, brokers said. The weighted index shed 8.08 points to close at 4,391.53. Turnover was NTS 15 billion against NTS 13.3 billion. Only food shares posted slight gains. "Some investors traded smallcapitalised shares today and
        450 words
      • 523 28 STOCKS in Manila closed easier yesterday in quiet trading in the absence of fresh political developments and ahead of the Christmas holiday. The Manila Stock Exchange Composite Index closed 13.02 points lower at 1,113.08. Trading was generally subdued and cautious but oil issues investors bought aggressively ahead of the
        523 words
      • 866 28 SEOUL STOCKS closed lower yesterday, pressured by selling from margin accounts in financial shares, brokers said. "Many investors placcd sell orders mainly on financial issues, a large portion of whose margin accounts arc due in late December and next January," said Pacific Securities analyst Park Yang-scok. "In the absence
        866 words
      • 304 28 NEW ZEALAND shares, largely led by Telecom's three-cent gain to NZ52.47, ended slightly firmer yesterday on possible index-related buying. The NZSE-40 Capital Index finished 3.26 points higher at 1,432.08 after being flat to slightly weaker throughout most of the day. Turnover, boosted by reasonable volume in Telecom and
        304 words
      • 430 28 CVmc Pmtoe Dec 16 AUSTRALIA All Ordinaries Index 1,605.2 1,598.1 +7.1 All Industrials Index 2,527.3 2,515.8 +11.5 All Resources Index 903.3 899.6 3.7 Turnover (million) 201.5 109.1 +92.4 NEW ZEALAND NZSE-40 Capital 1,432.08 1,435.34 -3.26 MAURA Composite Index 1,113.08 1,126.1 -13.02 Turnover (million) 1.220.0 617.9 +602.1 TAIPEI Weighted Price Index
        430 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1027 29 REPORTS THE US DOLLAR was stuck in a narrow range in London around 1.58 marks at midsession yesterday as the prospect of interest rate moves in the US and Germany this week put the brakes on already sluggish preChristmas
      1,027 words
    • 396 29 Cross rates 16 i i l USS SS MS Dm Yen SFr AS NZS USS 1-6550 2.7470 1.5870 128.90 0.5510 1.3990 1.2962 1-7953 SS 0 6042 1 6598 0.9589 77.8852 0.3329 0.8453 0.7832 1 0848 MS 0.3640 0.60 0.5777 46.9239 0.2006 0.5093 0.4719 0.6536 Dm 0.6301 1.0428
      396 words
    • 517 29 Interbank rates ss Bid Offer Overnight 2 3/8 2 1/2 1-month 2 11/16 2 13/16 2-month 2 3/4 2 7/8 3-month 2 13/16 2 15/16 Overnight mode: 2-3/16 USS Bid Offer 7 days 4 1/2 4 5/8 1 month 4 7/8 2 months 4 9/16 4 11/16 3
      517 words
    • 529 29 IHT PARIS Regardless of how much business slows in the few working days remaining this year, 1991 is assured of a place in history: new issues of Eurobonds totalled U*****.3 billion (*****.4 billion) by last week. According to Salomon Brothers Inc, that was
      IHT  -  529 words
    • 209 29 Reuter SYDNEY Australian .interest rates are expected, to bottom after another one ♦percentage point cut, but rthe Australian dollar is expected to be stable, a survey byrthe Australian Merchant Bankers' Association shows. The survey of market economists, conducted on Dec 12,
      Reuter  -  209 words
    • 1133 29 SIMEX EURODOLLAR J Open High Low Sett Est Vol Op/Int Vol F rw~Q| 95 44 9$ 44 95.43 95.44 1570 ***** 3586 95 58 95.56 95.57 8500 ***** 4254 Jun 92 95.44 95 46 95.44 95.45 3084 ***** 808 q*> *>4 95 if) 95 24 95.25 1300 6654
      1,133 words
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  • COMMODITIES
    • 391 30 Reuter LONDON Governments met in The Hague yesterday to sign a European Energy Charter that should open the doors for foreign investment in the energy resources and markets of Eastern Europe and the former Soviet Union. The charter is a guide for
      Reuter  -  391 words
    • 335 30 Reuter SYDNEY A year after Australia's wool industry appeared in danger of being smothered by a mountain of unsold fleece, the industry is worried it may not be able to produce enough next year to meet current demand. The debt-ridden industry is
      Reuter  -  335 words
    • 842 30 REPORTS KUALA LUMPUR tin price closed three cents higher at MS 14.69 a kg yesterday, mainly attributed to a smaller disposal, traders said. Turnover fell to 34 tonnes from Friday's 57 as miners were unwilling to sell at current levels, they said. A
      842 words
  • 1402 30 Rubber pec i6 MS (te> >*■») S cents/kg Noon Close Int I RSS Prompt 128.(XV129.00N I27.25/I28.25N Int I RSS Jan 92 128.50/129 00 127.75/128 25 Int 1 RSS Feb 129 50/***** 128.75/129.25 ln( 2 RSS OP 127 50/128 SON I27.00/I28.00N Int 3 RSS OP I24 50/I25.50N I24 00/I25 00N
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  • Page 30 Advertisements
    • 1281 30 BUSINESS TIMES TbW «r— W No: 737 -0043 -Fax No; 734 -3688 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF REGENCY BUILDING MAINTENANCE SERVICES PTE LTD (In Voluntary Liquidation) FINAL MEETING NOTICE Is hereby given pursuant to Section 308 of the Companies Ad. Cap.
      1,281 words
    • 6 30 Innovation Technology in BT on Tuesday
      6 words

  • THE TRAVEL PAGE
    • 576 31  -  POSTCARD FROM ALEXANDRIA By John West THE OLD buildings of Alexandria, relics of splendour in the ancient Mediterranean city, are decaying neglected and unwanted by their owners. Once the pride of the Egyptian port city, these picturesque houses and apartment blocks are being threatened by
      576 words
    • 150 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2707 1.2879 Canadian dollar 1.4301 1.4590 NZ dollar 0.9096 0.9464 Sterling pound 2.9884 3.0288 US dollar 1.6500 1.6550 Local dollars to 100 units of foreign currrno Austrian schilling 14.65 14.95
      150 words
    • 61 31 Jan 12-19 Do-it-yourself Utrecht. Koninklijke *****55.911 Jan 14-18 International Valencia. Fena Muestra- ********** 1992 Trade Show Netherlands Nederlandse 1992 Fair of Home Spain rio IntemacioJaarneurs Textiles A nal De Valencia Jan 14-17 Aerospace NEC. Centre 021-*****18 Decoration 1992 Technology Birmingham Exhibitions j Jan 15-19 Tourism Utrecht, Koninklijke
      61 words
  • 1134 31 chj nm* em f%w rro MaMwH GA893 122S GA892 OHO MilaMa SQ228 1910 QF82 2115 tMMa RJ183 0030 RJ183 0100 Awitoi— GA893 1225 GA892 0110 KL837 1340 SQ24 0115 SQ23 1815 KL838 2305 tocfclaa4 NZ35 1530 SQ388 2045 NZ36 2305 Bandar Sari BM21 1105 SQ182 0915
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  • Page 31 Advertisements
    • 45 31 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. We Know Europe boa «art tt> Rnrn*iL
      45 words
    • 9 31 Managers Mast Manage BT shows you how every Monday.
      9 words
    • 36 31 How to look good in I 1 J I sportswear even with a Mm I less-thon-perfect body. I In BODY SECRETS today w *W A^m Vj new, news, newsy Bl From lunch-time. Monday to Saturday, ygjy^yjj
      36 words
  • Page 31 Miscellaneous
    • 238 31 one who 8 Strengthen the coastline 10 All things stemming from HL-fIH HL.JHL—^ 11 New organisation takes blame for 12 Continental destination when going by first-class 13 Pinch your old-fashioned 15 Travel East on vessel in 17 Fancy a title for a Lennon song (7) II II I II 1
      238 words
    • 160 31 Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 30.6 Assoc humidity 72% Minimum temperature 23.6 Assoc humidity 94% Hours of sunshine 4.85 Rainfall in mm 6.7 Rainfall this month 248.3 Rainy days this month 11 World report Asia-Pacific Hi/Lo* Cond. Auckland 21/14 Cloudy Bangkok 31/22 Sunny
      160 words
    • 22 31 ASSOCIATED NEWS-APEWS LTD. tmmt 10 ON £F\R.TV» UOULD TUG FOR A ftwysoDy SCND ne a C*jN >FftWG.S MRS 1 BUSINESS DlA(?y f>
      22 words

  • 603 32 Defence minister to report to new commonwealth AP, Reuter MOSCOW Russian President Boris Yeltsin yesterday assured Secretary of State James Baker that all 27,000 Soviet nuclear weapons would be put under strict control. Mr Yeltsin met Mr Baker for four hours and
    AP,; Reuter  -  603 words
  • 315 32 NYT BRUSSELS The EC Commission said on Sunday that the landmark accord to create a 19-nation European Free-Trade Zone would require renegotiation to overcome an objection by the European Court of Justice. The Luxembourg-based court invalidated plans by the EC and the European
    NYT  -  315 words
  • 874 32  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is a Senior Correspondent with BT WHEN Mikhail Gorbachev sent communism to the graveyard with his glasnost and perestroika, the West hailed him as a 20th-century reformer and cheered him on.
    874 words
  • 281 32 Reuter WASHINGTON US President George Bush has brushed aside domestic political considerations and vowed to press for congressional passage of a North American Free Trade Agreement, dismissing claims that US jobs would go to Mexico. "We want to get it
    Reuter  -  281 words
  • 431 32 Son Sann said to be making power-sharing demands Reuter PHNOM PENH The Cambodian peace process faces a political crisis over power-sharing demands by a guerilla leader, Phnom Penh Premier Hun Sen said yesterday. He said the crisis was provoked by Son Sann, leader of
    Reuter  -  431 words
  • 370 32 AP YANGON Nobel Peace Prize winner Aung San Suu Kyi has been expelled from the Opposition political party she led to victory in Myanmar's national elections last year. The move met with ridicule from Yangon-based foreign residents yesterday. They described the announcement
    AP  -  370 words
  • 377 32 AFP NEW DELHI China and India pledged yesterday to work for an early settlement of their thorny border dispute and called for a new world order as Chinese Premier Li Peng flew home at the end of an historic visit. In a joint
    AFP  -  377 words
  • Page 32 Advertisements

  • Shipping Times
    • 386 33  -  By Rahita Elias SINGAPORE Singaporebased Abacus Distribution Systems has forged a path into the China market. It has attracted three major airlines from the countiy to take part in the Asia-Pacific computerised reservations system (CRS). An Abacus official told BT that the addition of
      386 words
    • 511 33 Reuter WASHINGTON A major US channel for helping the Soviets fill their larders credit guarantees on food purchases is being threatened by the international equivalent of a lost cab fare. Shippers are complaining the Soviets have failed to pay freight
      Reuter  -  511 words
    • 518 33 NYT NEW YORK By winning the bidding on Pan American's Latin American routes last week, United Airlines positioned itself as the world's leading international carrier, particularly strong in markets that are expected to grow faster than its domestic routes. There is limited entry
      NYT  -  518 words
    • 881 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 4 ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14-3 Bangladesh Shpg 8 5 The Bank Line 9
      881 words
    • 290 33  -  By Selva Kumar SINGAPORE Shipments from Singapore to the Middle East will cost more from next month when shipping lines increase their freight rates three months after the lines imposed a terminal handling charge for shipments from Singapore. From Jan 1
      290 words
    • 158 33 SINGAPORE Japanese steelmaker NKK Corporation will merge two of its affiliates on April 1 next year into a new company to consolidate the group's distribution operations. In a statement, the Tokyobased company said that shipping line Fuyo Kaiun Kaisha Ltd and NKK Steel Warehouse
      158 words
    • NEWS SUMMARY
      • 32 33 TO keep pace with the rapid growth of air traffic, new airports have to be built or existing ones expanded. Anne Paylor surveys the world scene. Pa®e2
        32 words
      • 75 33 AUTHORITIES were to resume the search yesterday for as many as 471 people missing and feared dead after a ferry rammed a reef off the port of. Safaga, Egypt, and sank during a weekend storm. Egypt's director of port security, Hassan al-Aghouri, said rescuers
        75 words
      • 31 33 URUGUAY'S government on Sunday ordered workers at Montevideo's port to end a 12day strike and return to work, threatening them with dismissal Back Page
        31 words
      • 40 33 FOG and ice blanketed southern England for a second day on Sunday, disrupting air and road travel, choking the air with pollutants and creating theatrical scenes with glistening roads and mist-shrouded towers Back Page
        40 words
    • LOG BOOK
      • 75 34 PHOENIX America West Airlines Inc expects "an operational and financial boost" from expanding its operation at Columbus Ohio's Port Columbus International Airport, president and chief executive Michael Conway said. A statement said it will offer an introductory US$49 one-way fare between Columbus and Chicago.
        75 words
      • 72 34 LONDON Cable and Wireless pic may be contemplating selling a stake in its telecommunications unit Mercury Communications to the American Telephone and Telegraph Co, according to the Sunday Times newspaper. The telecommunications group is also thought to be considering a stock-market flotation
        72 words
      • 95 34 TOKYO Toyota Motor Corp said it expects a sharp 22per cent year-on-year rise in its overseas production to 820,000 vehicles in calendar 1992, after a one per cent djop to an estimated 670,000 in 1991. Toyota's vehicle production in Japan is estimated at 4.08 million
        95 words
      • 31 34 ATLANTA Delta Air Lines Inc said it began offering daily non-stop service between Detroit and London on Saturday. The carrier is using Airbus A3los on the route.
        31 words
      • 53 34 KUALA LUMPUR Thirteen wagons of a goods train jumped the tracks between Serdang and Kajang at 12.45 am yesterday disrupting rail services to the south. The 13 wagons of the train, which was travelling from Chemor, Perak, to Tampin, were loaded with cement, Malayan Railwav said
        53 words
      • 84 34 CHICAGO China Eastern Airlines said on Friday it will start up a new air freight connection between the US and China on Dec 20. The operation, which will offer all-cargo service between Chicago and Shanghai, will utilise the world s newest cargo aircraft, CEA's freighter
        84 words
      • 71 34 MANILA Philippine Airlines (PAL), has taken an option on two Boeing 747-400s to service its long-range routes, a PAL statement issued here on Saturday said. The two new planes, costing about US$l5O million each, will operate on non-stop flights from the Philippines to the
        71 words
    • 1935 34  -  To keep pace with the rapid growth of air traffic, new airports have to be built or existing ones expanded. Anne Paylor surveys the world scene Anne Paylor The Rolls Royce Magazine Delays arc now an unfortunate fact of life in air travel. There arc
      The Rolls Royce Magazine  -  1,935 words
    • 474 34 FREIGHT market fixtures on Friday eased slightly in a thin market amidst continued worries about Soviet freight debts, brokers said. The Baltic Freight Index was down one point at 1,547. A Panamax was fixed from the US Gulf to Japan at U5524.75, including one combination port, for early
      474 words
    • 6914 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,914 words
    • 3406 47 A« Contaiaerilae NV: Belsin Shpg E Age noes Pte Ltd (SyManne Handling Sdo Bhd (PK/PN). g Accord Grange Accord Shpg Pie Ltd (I (SVAccord Contr Line (PK/PN). Adlcris Bitot m Corporation Philippine: CaJsource Shpg ft Trdg Pte Ltd (S) Ahrenkiel Liner Servicr Kim Shpg ft Trdg (S). Albatros
      3,406 words
    • 252 47 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Trawl Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Ainwift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Unk International Tel: 344-3377. Fax: *****50. Ouster Link Supplies A Services
      252 words
    • 1546 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Tel. 542-7821 Fax: *****20. Aeroiink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,546 words
    • 3307 48 ARGENTINA Labour working normally. Buenos Aire*: Port busy; no congestion except for vessels requiring deep draft Berths; approximately 24 hours awaiting berth for these vessels. The new gantry crane on the north side of Basin D has been completed and is expected to start operating next week. In
      3,307 words
    • 517 48 ARRIVALS DEPARTURES Op Flight Type ETA T Fn« Q» Flight Tyy k»D T To j foMY TOOAY NCA KZ203 B747F 0145 1 NRT SIA SQW2 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT -j JAL JL617 B747F 0345 1
      517 words
    • 869 48 SHIP SALES TANKER RATES ;VESSELS ON OFFER Bulk Carriers Arisan: 135,748 dwt and built Sept .1974 Kawasaki Kobe, best offers in•vited. Envoy: 75,450 dwt and vfcuilt Nov 1976 Cockerill, on offer for US$l3 million. -Nusmas: 71,694 dwt and built Oct 1970 Nippon Kokan, on offer in excess of US$6.5 million.
      869 words
    • 677 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait IVp Name of Vessel ETA ETP Porta of Calls Port Agent 1_ DEC 17 17 Cora Princess 1000 1800 Sin-Jakarta-Sin Scmbawang Johnson 18 18 Shangn-La World 1000 1800 Sin-Jakarta-Sin Scmbawang Johnson 19 20 Andaman Princess 2300 1400 Cruise-To-Nowhere Lines lnt'1 Holding 19 19 Renaissance
      677 words
    • SHIPS IN PORT
      • 497 49 1m* 9m* MM toprt— Epnlw Ocean venture J12 atongsrie 17.12/0500 M03 *pt 17.12/0500 S/10 ftuS IMIta *****1 mot 1712/2300 J™"*" JS 17.12/1200 Batamndo 1 134S M02 alongside 16.12/1800 jio/H akxrafc 17.12/0700 Btm Bahapa *****1 M05 alongside 16.12/2300 J®** n 17 12/0915 1912/0900 H,H7l 9116 <01 1712/1100 L
        497 words
      • 196 49 Qaji4 IQHPff rOTI Both: 1: Thai Ho No 1; 2: Da Jin Chuan; 3: Samudra Samrat 4: Lemnsk; 5: Singa Sartor; 6: Bunga Penaga. 01 jetty. ml. DCJ: ml Out on Ok 16: Ocean Progress. Johan. Singapore Bridge. Equator Royal. Barge Josindo Satu. Due on Ok 17:
        196 words
      • 901 49 RECEIVING Of EXPORT Fa CONTAINERS MjP tCt CARGO Record Ms SMp Voy No Etb/Btr Pwiod From To Frwn 'Hex Me 63A 18/1500 3 17/0700 *17/1159 17/1400 4 17/1200 17/1459 17/1700 ACX lily 188 19/1800 2 16/1700 17/0659 17/0900 4 17/1200 17/1459 17/1700 id Goncharov 67SI91 18/1000 3 17/0700
        901 words
    • 214 50 Reuter MONTEVIDEO Uruguay's government on Sunday ordered workers at Montevideo's port to end a 12-day strike and return to work, threatening them with 'dismissal. I "In case the (port) workers do not show up... we will <ake the necessary measures, including
      Reuter  -  214 words
    • 221 50 AP LONDON Fog and ice blanketed southern England for a second day on Sunday, disrupting air and road travel, choking the air with pollutants and creating theatrical scenes with glistening roads and mistshrouded towers. The Department of Environment asked motorists not to use their
      AP  -  221 words
    • 465 50 AP SAFAGA, Egypt Authorities were to resume the search yesterday for as many as 471 people missing and feared dead after a ferry rammed a reef off this port and sank during a weekend storm. Egypt's director of port security, Hassan al-Aghouri, said rescuers
      AP  -  465 words
  • Page 33 Advertisements
    • 8 33 for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      8 words
    • 221 33 EUROPE SERVICE A* Forwarders 15 far Ffwght Schedu* 16 Container Schedule 17 Courier Services 15 Cause Ferry Schedules 16 Daly Frwghts 2 Index to Advertisers 1 Port Conditions 1® Sim*"* J; Stvppmg Gurfe 10.11 Shpsales/Tarfcer Rites U Slips m Port lj Smppore Tides r 1; Transport Onry Weather and Sea
      221 words

  • Page 34 Advertisements
    • 93 34 11 1)6 a controversial deal between two stock I \f maricet stars, a thought-provoking report by Ml university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
      93 words

  • Page 35 Advertisements
    • 1167 35 nPiiTI ~s»»» cssi PBKI«T^B^44^ 1 «aM1 CFSTEL 5*W WffHfWffl Dedicated to Quality Service aSh'gSgS.'gg.gw Tliminm_ if i~~" Eg is a i i s i i i SSSSS S Isfli fe% W 15% fe \°> v M /or —Lv«— ss §8~"Hh i SS 1 31/01 B& Oj'lss s isfl las gar"
      1,167 words
    • 1024 35 TRANSPORT MARY IM2 Fab 21-24: Air Traffic Service! in the 21* Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore, Federal Aviation Administration, USA, Department of Civil Aviation, France and State Institute for Atr Navigation, USSR at the Raffles City Convention Centre. For further information please contact Singapore
      1,024 words
    • 541 35 ■niind^imu YEAR END LOADER TO USA ZSSSf^S^ tCK sEEuuSo vovSSwvoY^iioe MRVI tXD SIN 31/12/IMI Vmml Very I ETA I ETC Feeder by 1 DESTINATIONS WortdLywi/ TN* M* Mvgraaw Manii 9202 CtoZ-^12 < Im9HF» KaMnfl Penang OAK LOB HOU MEM ATI CHBBAL PHI WVC MOW TOW 2;: JS; S;; U:: S:I
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  • Page 36 Advertisements
    • 832 36 ROTTEDAMri VOY WO STORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LONOON EXPRESS 08/190 18/12 10/1 «/1 OM KITANO 11/980 22/12 8/1 10/1 13/1 14/1 HAMBURG EXPRESS OS/151 20/12 18/1 14JJ -77. J, TOKJO EXPRESS 03/361 29/12 15/1 17/1 20/1 21/1 SgnS-Sff AIBWM6 KATSURAQI 09/192 2/1 28/1 21/1 20/1 S|Km&jri^BSr THAMES 09/362
      832 words
    • 795 36 r .k" [FASTEST DIRECT SERVICE TO SOUTH PACWC PORTS |j I am nou mm m I COPtAPO 3003 EB 26-31/12 t2/01 tMI 31/01 1 |U BOKTANO 3106 EB 26-28/01 10/02 1I« 16AH I I Tr««H ThM (13| (M| (32) I 1 H ALSO ACCEPTMG CMBO M SMI TO: LAU7OM. PMO
      795 words
    • 1357 36 aeavtce MESTBOUNb P6AtUROPE l pß l a a a V «M» SAMANTHA 9141-3 ZUU 13/01 lt/Jl JJ/JJ g/g g/JJ DOftASA SUSAM 9142-3 H/12 »/ll g/ll g/" 2/02 04/02 M/ 02 MMASA SHARJAM 9143-3 l»/»l tl/M W/« *«/g }J/« «/g JJ/g «/g 40RASA MUBARAK 9144-3 14/01 03/02 05/02 M/W 11/g JJ/g
      1,357 words

  • Page 37 Advertisements
    • 1192 37 N —P———^ fig Steamers Maritime Holdings Ltd| ETP&O IPTM s^ir^mPPiNG TOk Containers \mm %to Klf OtV I'poro N| Sw MN ICCPTS nag I L«S won J202 14/12 M/ 12 15/12 11/12 S2/H 01/11 M/tl M/tl rMICO I IIHWOOL BAT tSM 17/12 11/12 21/12 17/11- M/ll 11/S1 mmnlm ,r7|nL 20 Dm
      1,192 words
    • 1912 37 una/wr oo m cm pb§ $m wot wtc mam yor wtc w» w cm lor <m cmotans aorr —Wm n7u u/i S7i z«/i a/i z»/i 11/1 i/z —aw mmixm **i« m/m i/u vn v»i t»/u wit cmotam mean efw mil tt/i m/i z/z 7/1 1/1 u/z mm mw ■w mi
      1,912 words
    • 418 37 I STRAITS/ JAPAN/ STRAITS SERVICE I I LOADIMC FOR HONCKOMC/ I 1 HAKATA/TOKYO/OSAKA I I ASEAN TRADER VIS I I ETA SPORE 21/12 1 I ETA PK 23/12 I I LOADING FOR OSAKA/ I I GOYA/YOKO I I COSMIC PIONEER VlB I ETA PK 27/12 I ETA SPORE 29/12 [IMLintermaritimel
      418 words

  • Page 38 Advertisements
    • 550 38 I CR NBR *****(*****-D I EXPRESS SEMI-CONTAINERSNIP SERVICE I TO EUROPE I VSL/VOT I STORE ROm/MMM H*BUK WOO «T*» I 9WUAYA/331* 17/12 17/1 21/1 »/J »/J KUTU/24N8 3/1 »/2 1W 15/2 11/2 FAST TRANSIT TIME ACCEPTMQ BREAK BULK/CONTAINERISED CARGO »üb|«ct to Inducanwnt Also acc*p«ng cargo to CaaaManca. Port Said, Port
      550 words
    • 1309 38 0 HANJIN SHIPPING M ya, i hm T ibk iiiii iflß OAK FDI HL SM HE HAUL SAV Ul WC MMMWNCfIUVEK M7E 6/1 9/1 HMUM KUNSAN Ml 23/12 KMramilX 2/1 VI 5/1 "2*2 24/2 OMCT 13/1 16/1 FBMUMB lAY 1071 30/12 H. KR TQM I3K 1/2 7/2 9/2 2522 2/1
      1,309 words
    • 1144 38 1 -ill I .Irl Su&STuR.SkStt- 7/.SS. 5.1 i ost k«i */u a/12 */u 1/1 vi tn in o/i «/i 11/1 u/i */i vi 7/1 «g w* wt wi nrt nn vi vw wi ioa I i ooun K4n 1/1 2/1 m o/i 10/ I wi u/i wi wi w/i wi
      1,144 words

  • Page 39 Advertisements
    • 1651 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS; NEPTUNEUNK TEL *****00 (TOLL-FREE) #UWEUftOPE BERVKJE -.*****19 USA SERVICE *****18 AUBT/WOW/PAK SERVICE *****18 FAREABTBCTVJCE *a TERMMAL OFFICE *****22 DOCUMENTATION DEPT :*****4V*****14 M IMPORT *****360/*****50 Cf* MBS-EXPORT *****53/*****04 NEPUNE SDN BHD MALAYSIA *****33, *****0, J.B«hnHo7) *****3,*****4 Jakwta (jllfSnallZ, Surabaya (31)
      1,651 words
    • 971 39 fa SINSOV ss, PENANG: *****4) *****8 JOHORE BAHRU: *****1) *****1 (REGULAR INDEPENDENT SERVICE) j FULL CONTAINERSHIP SERVICES j EASTBOUND—PBCHAR6HG WCTBOWD-KMOWG TtAICHTftD W J ksxls *6t |i 157 [mi "wr l« |m |fs |ti |«m |«m aa«« jwr [im J N 5555 41E91 07/12 U/12 It/12 41W1 26/12 »M/ 01 VTA
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  • Page 40 Advertisements
    • 1532 40 K- V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********QM) TEL *****77 TELEX KAWAKIRS23I6S FAX *****07/B^9 I ,1 l\l MALAYSIA: "K" UNE MARITIME (MALAYSIA) 80N BHO U J JL i TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 wmmm KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT INTERNUSA
      1,532 words
    • 1284 40 I® PHIU-ORICNT UN€S PTC LTD Xi2v I 106 Robinson Road #07-00 GMQ BuMng Singapor* 0109 T#4: *****22/*****60/*****00 Tatox: R8 ***** PHHJ FAX: *****76/*****33 BY AIR, LAND OR SEA..„. WE TAKE ON THE WORLD FOR YOU ftjtf MEMBER OF BMGAPORE FREIGHT FORWARDERS ASSOCIATION 22 DEC DUBAI. DAMMAN, SHARJAH, DOHA, I 25
      1,284 words

  • Page 41 Advertisements
    • 1044 41 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSfI 111 PIL BuMding, 140 CecM Street #0340. Singapore 0106. yaun VOY Ml JKT WN Willi VOY SIN BKK EQUATOR MAS 28N 18/12 30/13 28/12 KOTA 8141 «/tt 21/12 38/13 BUNQA TERATAI #1# 21/12 24/12 28/12 PEGABUB PROGRESS 637N 33/12 *7/t2 lOCN 521 24/12 36/13
      1,044 words
    • 1185 41 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Ijkl Fax: *****63 I Singapore 0208. Telex: RS ***** j VESSEL VOY NOS. SPORE LEHAVRE ROTTTOAM S'HAMPTON HAMBURG GOTHQ4BURG~ FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Aro«a 458 18/12 3/1 4/1 6/1 7/1 Neqitoyd Aaa* 456 20/12 11/J WJ
      1,185 words
    • 485 41 MYANMA: \pBßk FIVE STAR UNE (Myanmar National Lina) Loading for Yan«oa (Rangoon) i S'pora P.Klf Ptn P.Gdf MERQUI VI UN I* PI PAGAN ****** 27/12 J PATHEIN VIIMI 27/12 i IM-1111 VI7IM 3/1 I g* THE BANK LINE (A 9arvteao«An«r—rWtr Shipping) \r SEMI-CONTAINER SERVICE i HEAVY LIFT CAPABILITY i I
      485 words


  • Page 43 Advertisements
    • 665 43 IHH, j. NEDLLOYD OFFERS YOU WEEKLY, FIXED DAY, WfBBB DIRECT CALL TO AND FROM EUROPE/MEDITERRANEAN W_ V Jj I WEW ZEMAWD/TUI ZHZZI tyy.,,, I N h s,er/9130s I*/12 16/12 15/12 15/12 18/12 20/12 |/1 WJ 14/1 16/1 17/1 17/1 18/1 19/1 M/ 1 I v v n; 1 2 n;!
      665 words

  • Page 44 Advertisements
    • 781 44 TO AUSTRALIA/NEW ZEALAND [m |f~ |c— |m |»> ]"> cwui Muna 253 73/12 >1/12 B/t »/l 14/1 »/l f fin in 7/1 15/1 28/1 24/1 */l mtwcwcn va~ jiTi W T575 157T" 22/2 IMBTHA IZM 21/2 27/2 2/J 7/J IJ/3 IV3 TO USA/CANADA —n TS |a<f»t|o«*w»-|na.<.n>i. |H*N» MOW 23/12 i/i
      781 words
    • 788 44 EXPORTS TO HONGKOM, TAWIW, MMU I MPMIIWO. HCEKLT" MALACCA STRAITS SERVICE otmomi vorna fct kt |Milien«(6XAo«iTYoMgißoKos *or Iw |pm Ptw M.N i"1 MX LAY 1M *1112 *13.12 17.12 1112 23.1225.12 27.12 2912 «CI *M *3* U »-12 O-U WIWUT 2» 11.12 *21.12 28.12 23.12 27 1229 12 31.12 3.1 7.1
      788 words
    • 282 44 SEAWARD SHIPPING AND 1 TRADING CO (S) PTE LTD fTA ETA IT* VORt PORT KELAIK POMNG BIUE MK Sated lMdm( lor Malt MNAI HUOHU 28/12 loading lor Cakcutta DOinW 22/12 20/12 Loadmi For MaK men supreme 21/12 LOaOing For Malt DOWWULM 20/1/92 Loaded For Fefawaiu PROGRESS LBEITT IN PORT. loading
      282 words
    • 1431 44 fspnr&zLmuv i CHINA OCEAN SHIPPING COMPANY I FULL CONTAINER LINKR SERVICE J MMAYWS MBTTS: SMGAPORfS GENERAL WEHTS: CHUNG CHMO SHPPMG SON BHD COSTAR SMPPMG PTE LTD I a TIL *****91/17 FUL *****92, ***** lOC/Si 13 3 MDONEStA MARITME P. KLMK -IE MUM/I TLX W M 513 ™M tttM/ICf»«> MT TBj
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  • Page 45 Advertisements
    • 679 45 tunes, mewuiy uecemoer h iwi FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES NOTICE TO CUSTOMERS DEAR CONSIGNEES/EXPORTERS: THE TERMINAL HANDLING CHARGES IN SIN6APOBE FURTHER REFERENCE TO NOTICE GIVEN BY SHIPPING LINES IMPLEMENTING THC FOR 20 FT 40 FT IN SHIPPING TIMES,
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    • 816 45 JAKARTA rm f KOK mmm I 'MFnl MTIBMUBI m 10/12 21/12 MM »HUM m M w n/u u* 21/12 I AKA BHUM 1225 21/12 24/12 THMO* WUT#» 01N M W/12 Ut 21/12_ m 25/12 21/12 NUTABMO TIN _mL. J2UL- I Mg 5 —a ——S%~| tmm m tm~ T» 24/12 FH
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  • Page 46 Advertisements
    • 1197 46 MAC-NELS S'PORE K5c H°Sd 2 (^f«***** :DEAR CONSIGNEES/EXPORTERS: THR TERMINAL HANDLING CHARGES IN SINGAPORE 'FURTHER reference to notice given by shipping lines implementing thc for 20 ft 40 ft in shipping times, you are kindly informed that lcl thc will have to apply effective 1 JANUARY 1992 THC TO AND
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    • 296 46 I f WZW_ BIBE STAR HE I TO FROM ZEALAND AND T/S TO FUI TO AND FROM NEW ZEALAND PORTS SN NPI ML in SN mamum nit 24/12 «/i win t/i zs/i rtosncT 10 «/i u/i «m m. u/i «/f MANPAMA V 0512 1«/1 2t/l «M m. N/I l«/ 2
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    • 1111 46 THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, 0106 TEL: 2Z7SOM FAX NO. *****1 *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA rasa Iwt Inn Ikst icssa liw swg 1. mm KIM SOON LI 41/91E 21 OEC PENANG
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  • Page 49 Advertisements
    • 19 49 *v«>' I AV* st jqs- 1 V $*1} i li fe .<-;•• .»\v V. fc. v v fc< > V V
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    • 278 49 Eacßen9 F CLASS CX3NTAINER TRANSPORT FEEDER VESSa PENANG P.KELANG OCEAN VSL/VOY SIN SOU(1) I RTM(2) I HAM (3) I GOT (4)| ANSON/TBN 17/1 18/1 NIHON 2022 _21/1 7/2_ 9/2 J£/2 W2 ANSON/TBN 24/1 25/1 BENARTY 2032 28/1 If/2 16/2 W !^L_ ANSON/TBN 31/1 1/2 ALSA 2042 4/2 21/2 23/2 24(2
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  • Page 49 Miscellaneous
    • 278 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) 1 HOW MM »1« «m ON MM «N NN «7N MM MM INI IUOI2HI3HI4MI9N UN 17H UN Ml a* ZIN 22M 23N- 1? 1.2 13 1.5 1J 2.1 14 15 15 13 2.0 1.7 L 4 L 2 1.1 1.1 11 1.4
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  • Page 50 Advertisements
    • 650 50 CHARTPOINT Every Saturday in Business Times HYUNDAI A MERCHANT MARME CO. LTD. USA YEAR END LOADERS PACIFIC SOUTH-WEST I FEEDER VOY ETA/SIN LINE HAUL VOY ETA/LBH I MING CHUN N135 26TH DEC H. INNOVATOR 46E 20TH JAN I WAN HAI 206 SOO6 30TH DEC H. EXPLORER 45E 27TH JAN I
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    • 224 50 mitGO CONTAIXEB MIES I WEEKLY CONSOLIDATION SERVICES BANGKOK 20/12 I HONGKONG 19/12 I. KEELUNG 19/12 I JAKARTA 24/12 MANILA 21/12 24/12 I MELBBOURNE 24/12 I FREMAMTLE 28/12 I 317 Outram Rood, <02-29 I P/TwvwVShrppingCenoe.SiaffliX*eQ3l6 I Td> 733 3089 Fan *****27 TT7?ynsfBSl ia/FCL to: 2 SMJNCS/MEEKLY SK/fM* VESSEL s* P6 SW
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    • 565 50 |jCHAIU£^jj FREIGHT MANAGEMENT GROUP SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****50 *****14 *****88 *****8 *****17 *****79 *****5 *****5 j our SERVICE CALLS I [?=rp —[w, |m j-.*- h tr" M rrr|« r r h SINGAPORE I BM| |W
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