The Business Times, 25 December 1991

Total Pages: 36
1 36 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, December 25, 1991 75*
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  • NEWS SUMMARY
    • 67 1 PARIS The communist-led CGT French dockers union yesterday urged members to strike in ports around France tomorrow and on Friday in protest against government plans to reform working rules for their profession. Authorities say French ports are steadily losing business to Spanish and
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    • 60 1 BEIJING China confirmed yesterday that a senior Foreign Ministry official was in Israel, fuelling speculation that Beijing was poised to establish diplomatic ties with the Jewish state for the first time. "ViceForeign Minister Yang Fuchang is paying a private visit to Israel as the guest of
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    • 47 1 THE European Community has called for redoubled efforts to achieve a breakthrough in world trade reform talks, but has made clear that any agreement will have to take account of the way- in which it is reforming its farm subsidies regime Page 3
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    • 46 1 A 1.2 PER CENT rise in the value of imports into Britain last month is being viewed by economists as an encouraging sign that domestic demand is picking up and Britain may in fact be in the throes of an economic turnaround Page 3
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    • 27 1 AUSTRALIAN Foreign Minister Gareth Evans has said that outbreaks of violence in Cambodia do not mean the country's peace plan had failed Page 3
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    • 31 1 JAPAN, confronted with chaos in the former Soviet Union and heightened tensions with the US, is ending the year searching for strengthened diplomatic ties within the AsiaPacific Page 3
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    • 32 1 NEPAL appears to be enjoying the relative calm of a democratic system, but the question uppermost in the minds of many there is how long this will last Page 4
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    • 24 1 NEDLLOYD Lines has taken over the shipping agency that used to serve the Scan Dutch consortium in Singapore. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 16 1 THE Dow Jones and FTSE indices were not available due to early press time.
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    • 28 1 THE Singapore rubber market was closed yesterday together with the Kuala Lumpur Commodity Exchange. There was also no trading at the Stockholm, Frankfurt and Zurich bourses.
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    • 31 1 TAN JUNG pic, Malaysia's latest gaming operator and listed vehicle of fast-rising tycoon T Ananda Krishnan, yesterday staged a strong comeback on the Kuala Lumpur Stock Exchange Page 2
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    • 28 1 TWO European-listed companies with interests in Singapore have combined their expertise in a bid to revolutionise the way banks manage cash in their branches Page 2
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    • 25 1 SUMITOMO Metal Industries Ltd has said it will merge with Nippon Stainless Steel Co Ltd as of Oct 1, 1992 Page 2
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    • 33 1 US electronics firm AT&T, which employs 4,000 people in its four operations in Singapore. has raised the retirement age for its workers from 55 years to 60 years Page 2
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    • 35 1 MANILA was among Asia's best-performing stock markets this year and fresh gains are seen in the run-up to elections next May, with interest further fuelled by several major listings Page 2
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 707.53 +5.06 Kuala Lumpur ....549.78 +4.26 Tokyo 21.664.53 -112.59 Hongkong 4,192.76 +46.64 Sydney 1,575.1 +6.8 Monday Change New York 3,022.58 +88.1 London 2,345.4 -12.7
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    • 24 1 Exchange rates USS SS 1.6260 100 Yen SS 1.2758 MS SS 0.5947 Money market rates Overnight 3 1/2 +1 3-month 2 13/16 unch
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  • 540 1  -  By Sangeeta Mulchand SINGAPORE Hoteliers will keep room rates down and spend more on food promotions next year despite upbeat projections of an 8 per cent increase in tourist arrivals during Visit Asean Year 92. Most hoteliers told BT they will maintain 1991
    Source: Singapore Monthy Report on Tourism,Statistics  -  540 words
  • 382 1 White House stokes speculation with hints of further cuts Reuter WASHINGTON US stocks soared in a dramatic rally on Monday after the White House said it believed there was room for further cuts in US interest rates. The White House statement fuelled speculation that
    Reuter  -  382 words
  • 309 1 Reuter SINGAPORE The Singapore dollar, which was at a record high of 1.6250 to its US counterpart in early Asian trade, is aiming even higher in New Year in tandem with a weakening US dollar, dealers said. Singapore's currency has
    Reuter  -  309 words
  • 344 1  -  By Lee Han Shih SINGAPORE Another Asian bargain hunter has picked up a property in Australia. This time, the buyer is Ho Whye Chung, who has snapped up a choice property in the heart of Queensland's Gold Coast for AS 13.8 million (about S$
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  • 327 1  -  By Kooi Cho Teng SINGAPORE The Indonesian government has obtained a US$4OO million (Ss66o million) revolving credit facility from a group of 33 international financial institutions, but the response was far from overwhelming. The deal, signed last week in Frankfurt, was arranged by a group
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  • 171 1 SINGAPORE The holiday season began in the Far East on a merry note yesterday as investors in Hongkong. Kuala Lumpur and Singapore pocketed gains at the close of half-day trading sessions. The rise of all three markets came on the back of the sharp 88.1-point
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  • Page 1 Advertisements
    • 185 1 Zegna_ at leoding tailors Aircraft Schedule 17 Money Changer Rates 17 World Stock Markets 15 Commodities 16 Money Market 16 For market indices editorial, Company News 2 Region World News 3 advertising and circulation exCryptic Crossword 17 Regional Stock Markets 14 tensions, call Business Times Editorial 4 SES 8-10 Information
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    • 7 1 Special BT Christmas crossword contest on Pg
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    • 178 1 M > m i r j rr Jahhcsfivmhafy m r- 1 -M\* .\\y. ,\\\u v v »Y.\* Available at ail leading tailors The Prime Minister wishes all Christians a Merry Christmas. V: i Editor and KI staff of BT \j wish all reoders a Merry Christmas There will be no
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  • COMPANY NEWS
    • COMPANY BRIEFS
      • 106 2 TOKYO Minolta Camera Co Ltd will shift part of its domestic output of auto focus single-lens reflex cameras to its Malaysian subsidiary Minolta Malaysia Sdn Bhd in Selangor in early 1992, a company spokesman said yesterday. Minolta currently produces 40,000 of these
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      • 97 2 KUALA LUMPUR Tan Sri Teh Hong Piow, the founder and chief executive of Malaysia's Public Bank, has been named "Asia's Commercial Banker of the Year for 1992" by Asia Money and Finance, the region's financial monthly. An Asia Money and Finance statement said yesterday that
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      • 75 2 BANGKOK Foreign investment in Thai stocks plunged during the first 11 months of this year when brokers said most foreigners were sidelined by political uncertainty following a military coup here last February. Bank of Thailand spokesman Pisit Lee-atham said on Monday that a net inflow
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      • 81 2 SYDNEY State-owned Qantas Airways Ltd said it expects the difficult trading environment which produced an operating loss in the year to June 30 to continue in 1991/92. Qantas made an operating loss of A$ 158.6 million (***** million) in 1990/91 from a A 5119.7 million loss
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    • 209 2 Reuter KUALA LUMPUR Malaysia said it will allow French car maker Peugeot SA a 10 per cent stake in a proposed venture to produce a mini-car locally its second national car project. The government has identified cars with a 900 cc
      Reuter  -  209 words
    • 551 2 Reuter MANILA Manila was among Asia's best-performing stock markets in 1991 and fresh gains are seen in the run-up to elections next May, with interest further fuelled by several major listings. After rising 77 per cent this year, brokers see
      Reuter  -  551 words
    • 354 2  -  From Leslie Lopez in KUALA LUMPUR TANJONG pic, Malaysia's latest gaming operator and listed vehicle of fast-rising tycoon T Ananda Krishnan, yesterday staged a strong comeback on the Kuala Lumpur Stock Exchange (KLSE). It opened at M 56.15 (553.70), a premium of M 54.15
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    • 494 2  -  Companies combine expertise in cash machines technology By Schutz Lee SINGAPORE Two Euro-pean-listed companies with interests in Singapore have combined their expertise in a bid to revolutionise the way banks manage cash in their branches. British-based De La Rue, the printer of Singapore's currency
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    • 246 2 Reuter PARIS French hotel-and-tourism group Accor says its capital base is solid and its financial structure will not be undermined by its bid for and need to modernise Belgium's Wagons-Lits. Accor's bid for Cie Internationale des Wagons-Lits et du Tourisme SA
      Reuter  -  246 words
    • 327 2 Reuter TOKYO Sumitomo Metal Industries Ltd said it will merge with Nippon Stainless Steel Co Ltd as of Oct 1, 1992. The two companies are both listed on the Tokyo Stock Exchange's first section. The two firms said in a joint statement that the
      Reuter  -  327 words
    • 270 2 AT T's S'pore units raise retirement age SINGAPORE American electronics firm AT&T, which employs 4,000 people in its four operations here, has raised the retirement age for its workers from 55 to 60. This is in line with the government's efforts to encourage employers to raise the retirement age as
      270 words
    • 356 2 JAKARTA Indonesian kretek (clove) cigarette maker Retjo Pentung has been forced to close down for the next two weeks as it has run out of excise duty bands, the Jakarta Post reported on Monday. The company, located in east Java,
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    • 335 2 HONGKONG China Bicycle Co's one-third shareholder and distributor, Hongkong (Link) Bicycle, plans to go public in Hongkong next year after China Bicycle lists on the Shenzhen Stock Exchange, according to a South China Morning Post report. The move was
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  • THE REGION/THE WORLD
    • 454 3 Community says Dunkel draft has to be modified FT BRUSSELS The European Community on Monday night called for redoubled efforts to achieve a breakthrough in world trade reform talks, but made clear that any agreement would have to take account of the
      FT  -  454 words
    • 410 3 Reuter CANBERRA Australian Foreign Minister Gareth Evans said yesterday that outbreaks of violence in Cambodia did not mean the country's peace plan had failed. "I think it is far too premature to say that the peace plan is in tatters,"
      Reuter  -  410 words
    • 398 3 Reuter LONDON A 1.2 per cent rise in the value of imports into Britain last month is being viewed by economists as an encouraging sign that domestic demand is picking up and Britain may in fact be in the throes of an
      Reuter  -  398 words
    • 243 3 Reuter KIEV Ukraine's sudden transition to independence from Moscow has revealed a paradox after more than 70 years of communist rule, the country has too few bureaucrats. Western experts and advisers say that after decades in which all decisions were made in Moscow, Ukraine's government
      Reuter  -  243 words
    • WORLD WATCH
      • 121 3 NEW DELHI India said it would send a team of high-1 level officials to Moscow next month to start sorting out economic and defence ties plunged into chaos by the collapse i of the Soviet Union. Foreign Minister Madhavsinh Solanki told a news
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      • 134 3 BANGKOK Vietnam's inflation rate has shot up to 60-70"; per cent this year due to loss of Soviet trade, skyrocketing fuel prices, crop losses and tax evasion. The Voice of Vietnam,' monitored in Bangkok, said the government was implementing fiscal and other measures it hopes will
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      • 114 3 HONGKONG A senior Chinese official has said Hong-. Kong may be able to retain its capitalist system beyond the 50,. years after 1997 promised in the Sino-British pact on the.territory. Lu Ping, head of the State Council's Hongkong and,. Macau Affairs Department, told the China
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      • 64 3 KUALA LUMPUR France has expressed greater interest to accelerate its investments in Malaysia. Currently, French investments in Malaysia were relatively small and ranked 18th among foreign investors, said the Minister of International Trade and Industry, Datuk Sen Rafidah Aziz, after meeting the former French
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      • 68 3 SYDNEY Despite a decline in air travel during the Gulf War and a global recession, Australia will attract a record number of foreign tourists in 1991. The Australian Tourist Commission chairman John Haddad said Australia is likely to record more than 1.35 million tourists by Dec
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      • 66 3 BANGKOK Thai Finance Minister Suthee Singhasaneh' t has approved the revocation of the operating licence of financially ailing Panich Finance Co. This means the Fund' for Rehabilitation and Development of Financial Institutes will lose about 2,000 million baht (S$ 128.5 million) in its placed with the
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      • 85 3 KUWAIT CITY Kuwaiti emir Sheikh Jaber al-Ahmad al-Sabah called here on Monday on members of the sixnation Gulf Cooperation Council (GCC) to strengthen their ties after the Gulf War. In a brief opening speech marking the, 12th GCC summit, Sheikh Jaber underlined the need bolster
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    • 49 3 BETHLEHEM, Israel Each Christmas, the tiny post office of Bethlehem b overrun by bundles of holiday greeting cards sent to receive the symbolic "Bethlehem" postmark. The usual workload of 600 pieces of mail jumps |n about 15,000 pieces a day during the holiday season
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    • 262 3 AFP TOKYO Japan, confronted with chaos in the former Soviet Union and heightened tensions with the United States, is ending 1991 searching for strengthened diplomatic ties within the Asia-Pacific. While in past years Japan has placed itself in the "Western" camp of
      AFP  -  262 words
    • 325 3 BANGKOK The Tourism Authority of Thailand (TAT) has projected a total income of 1.028 trillion baht (about 5566.2 billion) in foreign exchange from the tourism business during the Seventh National Economic and Social Development Plan, starting in 1992. TAT
      Source: TAT  -  325 words
    • 315 3 FT WARSAW The Polish Parliament has approved a new centre-right government led by Jan Olszewski, a 61-year-old lawyer. The vote brought to an end two months of post-elec-toral political manoeuvring. The new government, formed against the wishes of President Lech Walesa, was approved on Monday
      FT  -  315 words

  • 466 4 EDITORIAL EVEN hardened cynics may feel that some divine hand is at work. Look at the world today and compare it with the world of just five years ago. A magic wand seems to have been waved, taming bushfires and quelling tempestuous conflicts, thawing decades
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  • WHAT THE OTHERS SAY
    • 288 4 THE National Kidney Foundation (NKF) deserves high praise for its good work in getting the retail price of Cyclosporin lowered. Drug companies do good work. But they are also big business and the more life-supporting their products are, the bigger is the prospect of profits.
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    • 119 4 IT is the end of the Soviet Union and a new beginning for the commonwealth of independent states. But the formal end of the Soviet Union does not mean an end to all its problems. Despite promises for a better future, the Soviet people still face the
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    • 122 4 THE one thing which Cambodians should avoid now is another political coup or armed struggle. Prince Sihanouk has suggested that if events in Phnom Penh went out of control, then the United Nations peace-keeping force should take over the capital city. The fate of Cambodians is the
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  • REGIONAL VIEWPOINTS
    • 193 4 NO one will deny that relations between Australia and Indonesia never among the rest of the world are at present once again at a low point as a result of the recent developments in East Timor. However, it is not our intention here to add any further
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    • 102 4 CORRUPTION in Thailand, according to Prime Minister Anand Panyararchun, has developed into a sophisticated "art" of deception and cheating. But we are afraid that it will grow into a national terminal cancer if no effective measures are taken to stop it now. The Anand administration has a golden
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    • 184 4 THE row between the Guangdong and Hongkong authorities over what exactly happened in territorial waters off Nim Wan last month threatens to turn into a diplomatic imbrojglio. The Hongkong government is standing by its story that two Guangdong military vessels entered Hongkong territorial waters, intercepted local marine
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  • 1479 4  -  Opinion in Nepal differs over the direction the Himalayan kingdom is taking. Said Abdullah, who was there recently, reports on the mood in the country Said Abdullah, A YEAR and a half after pro-democracy riots that saw 500 deaths and the razing down of the Police
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  • Page 4 Advertisements
    • 134 4 UP. LIVING IT EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
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  • Page 4 Miscellaneous
    • 23 4 DOONESBtiRY by garry trudeau rS "32* SSPGOP! ""gJJL itniecoe VBAK FCUNPAFH* A&VOU 60HHCAR. TOV€ MHHOFmiS BOMB.rrLOOKS SUR&f "g™ JHA T COCK UK£ ARSON
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  • SPORTS
    • 758 5 AFP PARIS In the world of professional cycling, 1991 will long be remembered as the year Greg LeMond finally cracked. The American who won the Tour de France in 1986, 1989 and 1990, and who was idolised as a cycling superman for his strength and determination,
      AFP  -  758 words
    • SIDE LINES
      • 161 5 PARIS Several hundred people braved a frigid winter dawn on Monday at the Chateau of Versailles to watch drivers take off on the world's longest rally, ending on Jan 16 in Cape Town, South Africa. The roar of revving engines filled the air as
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      • 109 5 MONTEGO BAY, Jamaica Fred Couples had three quick questions immediately after his runaway victory in the World Championship. Even before he signed his card for a 66 or collected his U*****,000 prize, Couples asked: "Does this qualify me for the tournament next year? And where and
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      • 123 5 VIRGINIA WATER, England The PGA European Tour, has added a new tournament for 1992 and two other events have confirmed they will return to the golf tour next year Executive director Ken Schofield said on Monday that the Turespana Masters will be staged in Spain from
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      • 76 5 CAPE TOWN Elana Meyer, South Africa's brightest medal hope if Springbok athletes do get to the Barcelona Olymr pics, wrested back the African record in the women's 10,000 metres here on Monday. The Stellenbosch University athlete clocked 31min 33.465 ec at the Green Point stadium in
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      • 76 5 ATLANTA Two-time Olympic gold medallist Katanna Witt had double trouble with the double axel and lost a skating competition for the first time in five years. Her two falls while attempting the jump on Sunday before a crowd of 6,795 at The Omni cost her the International
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    • 640 5 AFP PARIS Flying Finn Juha Kankkunen furnished a fitting flourish to a magnificent season in 1991 when he snatched a record third world title with victory in the final event, the epic RAC rally. The farmer's boy became the first triple world champion
      AFP  -  640 words
    • 269 5 AFP BRISBANE Two former Australian Test stars have predicted hard times ahead for India despite the tourists' itforale-boosting win over Queensland on Monday. -Jeff Thomson, feared speedster of the 1970s and current Queensland coach, does not read too much into hi team's 39-run defeat
      AFP  -  269 words
  • Page 5 Miscellaneous
    • 818 5 BT Christmas Baubles CRACK your brains and win some bubbly. It's BTs Christmas Baubles, a bite-sized crossword for you to mull over after last night's huge dinner. For your efforts, a giant bottle of champagne will be awarded for the first all-correct entry Consolation prizes will be given to the
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  • Page 6 Advertisements
    • 1037 6 Nothing Beats ABud. where to wine, dine 11, TANTALISING TREATS Don't miss our weekly specials in Tien Court. 2/12 8/12 Double Boiled Superior Shark's Fin $22.00 9/12—15/12: Steamed Sultan Fish $4.ooper 100 gm. 16/12 —22/12: Braised Whole Abakxie $12.00 23/12 29/12: Small Lobsters cooked the way you like them! $5.00
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  • Page 6 Miscellaneous
    • 440 6 TELEVISION AND RADIO i Christmas spirits miimmm iHjSSr'""- BBS 1 WMI M i* ann. '99 jjr*:, sywwiy«.«, «.«■■«h vw 1 1■ I MHWMtI MfM Nixon: The Quest UM W r Power. *®mng 30 Hows! 7 45mm Financial News network boss, whose interest in 1Q 15 4JO SfS'SS'ii Baa Baa am
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  • LIFESTYLE
    • 712 7  -  Ronald Smothers on moves to make bosses pay for fatal accidents caused by staff who drink at company functions Ronald Smothers NYT BR E N D A GREENBAUM and Donna Waldrop are not financiers, corporate raiders or giants of industry. But the mere mention
      NYT  -  712 words
    • 519 7 The spirit of a consumerist Christmas is making its presence felt. Is this a nail in the coffin of communism? Reuter THE Christmas spirit is taking root in China, nourished by Beijing's open-door policy and a loss of faith
      Reuter  -  519 words
    • 414 7 WOMEN'S groups have branded a doll designed to be ripped apart by husbands as Britain's worst-taste Christmas gift. The "Relief from the Wife" doll, with detachable head and limbs, is one of a range of adult "Stress dolls" on sale that includes a "Relief
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    • 272 7  -  Yuri Kageyama on why families; are drawing closer together Yuri Kageyama AP CHRISTMAS in this non-Christian nation used to be another excuse for workers to get smashed in the name of social obligation, or the big night for lovers splurging on an expensive
      AP  -  272 words
  • Page 7 Advertisements
    • 165 7 AND ENTERTAIN m Tuesday Chinese Savouries Wednesday Malay Temptations £3H[ Thursday Indian Favourites Friday Italian Raptures Saturday Weekend Promotion "well) Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $18.50++ per person. ii ANA HOTEL For reservations. SINGAPORE please call 732-1222 ext 1594. 16
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    • 132 7 NEW YEAR'S EVE 1991 AT nT\(3* MARINA BAY V NISHIKI JAPANESE RESTAURANT r\ si S^;.. Set Dinner Karaoke countdown at $68/ person (with complimentary sake A party set) EE -OFF CAFE Set Dinner Karaoke countdown at $42/ person !J (with complimentary wine party set) Tom don't kav* to ham mmmbtr
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  • STOCK EXCHANGE OF SINGAPORE 1
    • 3151 8  -  By Carolyn Lim TIS THE season to be jolly and certainly Wall Street's upsurge and Hongkong's Hang Seng Index's robust climb gave reason for none to be dismayed. The New York market witnessed heavy blue chip buying spurred on by a delayed
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    • Article, Illustration
      67 8  -  By Chew Eng Han Comment SHORT-TERM indicators are supportive of a further rally, as long as support at $2.00 holds. A break above $2.20 confirms an eventual rise to $2JB-$2.40. Beyond that, the next target is at $2.45-$2.48. Suggest taking profits from $2.40 upwards, as the longer term
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  • 2658 9 OCBC Foreign 1080 30 2.9% DBS Foreign 1160 20 +1.8% SPH Foreign 1330 20 +1.5% BAT 21« 530 +15 +2.9% CAC 575 +15 +2.7% OUE 830 +15 +1 8% Roth Inds 50* 730 +15 +2.1% Serob Shipyard 820 +15 +1.9% CMB Packaging 456 +14 3.2%
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  • Page 9 Advertisements

  • 2714 10 Gen tings 50* 670 +10 fl.5% M Cement 50* 222 +10 4.7% M Banking 410 +8 +2.0% GIL US$0 10 7IYi +4W +6.7% KL Kepong 218 +7 Oriental Hldgs 515 +5 +1.0% Uniphone Tel 165 +5 +3.1% Beriaya Leisure 131 +4 +3.1% MAA 99 +4
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  • Page 10 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 4862 11 Bernama STRONG overseas leads plus buying interest for index component stocks took share prices here to a firmer close in a half-day trading session yesterday ahead of the Christmas holiday today. The KLSE Composite Index at the close firmed 4.26 points to 549.78,
      Bernama  -  4,862 words

  • STOCK EXCHANGE OF THAILAND
    • 2036 12 Reuter SHARE prices closed firmer in quiet trading Christmas Eve as investors were sidelined ahead of the year end, brokers said. The SET index ended 2.98 points higher at 683.36 on a thin turnover of 1.30 billion baht. "This has been usual at the
      Reuter; SOURCE: PONT DATA  -  2,036 words
  • 911 12 Price Change AJPPutra ***** +1250 Tjilatjap Pelle 3500 +1000 Asuransi Dayin 5000 +1000 Sucaco ***** 900 H Prapatan 3400 650 Kurnia Kapuas U 5400 500 Price Change Hotel Prapatan 2950 -1200 Astra Intl ***** -500 Great River Gar 3600 -400 Rimba Niaga Ind 1800 -400 Branta Mulia
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  • Page 12 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2558 13 AP THE US dollar finished sharply lower against the yen yesterday, though it recovered slightly from its opening, while stock prices fell. The dollar closed at 127.25 yen, down 1.07 yen from Friday's close but higher than its overnight finish at 126.65 yen in
      AP  -  2,558 words
  • STOCK EXCHANGE OF HONGKONG
    • 2478 13 Agencies STOCKS closed the half-day Christmas Eve session near the intraday high, boosted by Wall Street's 3 per cent surge overnight. The blue-chip Hang Seng Index surged 46.64 points, or 1.1 per cent, to finish at 4,192.76. The broader Hongkong Index jumped 30.45
      Agencies  -  2,478 words

  • REGIONAL STOCK MARKETS
    • Dow's surge, weaker A$ boost Aussie stocks
      • 777 14 AUSTRALIAN share prices closed higher yesterday ahead of the Christmas break, helped by an overnight rise on Wall Street and a weaker local dollar. Brokers said light turnover hampered trade and gains did not meet expectations. "We thought the All Ordinaries would gain 17 points," Dicksons broker Diane Jenner
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      • 576 14 Philippine shares closed mixed to firmer yesterday with New York's overnight rally inspiring some buying. The Manila Stock Exchange composite index inched up 9.66 points to finish at 1,125.12, a day before the market closes for the Christmas holiday. It will resume trading on Thursday. "The Dow (Jones index)
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      • 206 14 Close Piwliw Dec 24 AUSTRALIA All Ordinaries Index 1.575.1 1,56* 3 +6.8 All Industrials Index 2,495.1 2,488.2 +6.9 All Resources Index 875.8 869.4 +6.4 Turnover (million) 49.5 84.8 -35.3 NEW ZEALAND NZSE-40 Capital unav 1,455.75 MANILA Composite Index 1,125.12 U|5j6 +9.66 Turnover (million) 537.9 1,180 -642.1 TAIPEI Weighted Price Index
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      • 466 14 THE Taiwan stock index rose at the opening yesterday on expectations of lower interest rates but profit-taking soon pulled it down. Brokers said narrow trade would continue for the rest of the week. The weighted index ended 10.17 points lower at 4,449.58 from Monday's 4,459.75. The industrial sector rose
        466 words
      • 821 14 SHARE prices rebounded sharply on the Korea stock exchange in brisk trading yesterday. The composite index of the exchange, which plunged 14.51 points to the year's low of 586.50 on Monday, climbed 24.08 points to close at 610.59. Advances pummelled declines 719 to 83 among the 880 issues traded.
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      • 302 14 hfKTanScy^^hal %*qr %year IHajr year *J *V** Dec 13 lm*ex ch—t ctmm §t d—r cha—e <*—t chaa«e World 386.6 0.2 8.0 -0.3 2.3 0.6 9.4 1EAFE 478.4 -0.3 1.8 -0.1 -2.2 0.8 4.5 Europe 392.0 -0.5 7.6 -0.1 -1.5 0.8 5.3 Pacific 762.8 0.0 -2.6 -0.1 -2.8 0.8 3.9 Far
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      • 178 14 A BULLISH wave swept the Bombay Stock Exchange (BSE) on Monday ahead of the end of calendar 1991. "It was a typical bull day," said broker Anand Diwan. "The bears went into hiding." The BSE Index leapt 41.84 points, or 2.24 per cent, to 1,915.12. The National Index firmed
        178 words
  • Page 14 Advertisements

  • WORLD STOCK MARKETS
    • Dow jumps 3pc to cross 3,000 barrier
      • Article, Illustration
        1407 15 STOCK prices leaped on Monday in what traders saw as a continued reaction to Friday's sharp cut in the discount rate and, hard on its heels, a cut in many banks' prime-lending rates. The Dow Jones Industrial Average surged past the 3,000 barrier for the first time in
        1,407 words
      • Article, Illustration
        797 15 HEAVY early losses incurred after a tightening of monetary policy across Europe left London shares depressed on Monday were sharply reduced by the close. Spain. Italy and France all increased rates on Monday following Thursday's 0.5 per cent increase in German rates, prompting concerns that British rates would have
        797 words
      • 74 15 Dec 23 CIom Prrriow NEW YORK Dow Jones 3.022.58 2,934.48 88 10 SAP 500 396 82 387.04 +9.78 Turnover (million) 229.2 318.4 -89.2 LONDON Financial Times 30 1,781.4 1,791.9 -10.5 FTSE 100 2.345.4 2.358.1 -12.7 Turnover (million) 567.8 710.8 143 FRANKFURT DAX Index 1,539.62 1,543.19 -3.57 AMSTERDAM EOE Index 269.87
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      • 262 15 DUTCH shares closed broadly weaker on Monday but off earlier lows after a thin session in which airline KLM bucked the trend by adding 0.50 guilders in active trading to 40.20. dealers said. The shares were helped by persistent hopes that talks between KLM and British Airways will result
        262 words
      • 145 15 THE Frankfurt stock market slipped slightly on Monday, as the DAX spot trend index ended the session at 1,539.62 points, down by 0.23 per cent from Friday evening. The Commerzbank indicator slipped by 0.41 per cent to end at 1,767.0 points. Operators said volume was very thin and featureless
        145 words
      • 224 15 ALTHOUGH widely expected, a rise in French official interest rates dragged the bourse to its lowest close in more than ten months in quiet, pre-holiday trade on Monday. The CAC-40 index fell 14.93 points, or 0.91 per cent, to 1,633.57 on volume of 2.48 billion francs, its lowest close
        224 words
      • 174 15 ITALIAN stocks ended slightly lower on Monday in light trading volume ahead of the Christmas holidays, which will close the market for three days. The MIB index at the end of floor trading was down 0.2 per cent at 946. Trading volume was estimated below Friday's meagre 67 billion
        174 words
      • 302 15 SWISS shares closed steady to slightly lower in very thin trade on Monday as most investors were absent from the market, dealers said. Prices fluctuated in a narrow range due to a lack of orders ahead of Christmas and the year-end. The all-share SPI index shed one point to
        302 words
      • 43 15 STOCKHOLM shares rose initially in brisk pre-holiday trade on Monday characterised by investor interest in selected blue-chips including Skandia and Ericsson. The Stockholm Bourse general index rose 0.18 per cent to 867.87 while the top-16 index firmed 0.62 per cent to 799.43.
        43 words
      • 126 15 BELGIAN shares ended a touch lower in moderate trading on Monday, spurred by institutional buying in blue chip stocks, traders said. They called it "a typical end-of-year" trading day. The Bel-20 index closed down 1.49 points to 1,071.41 and trading in Belgian shares was worth 750 million francs. Brussels
        126 words
      • 434 15 JOHANNESBURG gold shares closed firm on Monday in an otherwise lethargic market as trading dwindled to a trickle ahead of Christmas and New Year festivities, dealers said. The JSE all-gold index ended the day firmer at 1174 versus Friday's 1160 close as share prices got a lift from slightly
        434 words
      • 267 15 TORONTO stocks surged ahead in late trade on Monday, pulled along by the biggest gain on Wall Street since the end of the Soviet coup, renewed enthusiasm over the economy due to Friday's discount rate cut in the US and the usual year-end short-covering rallies, traders said. "The market
        267 words
      • 44 15 Vienna Dec 23 Ascb Akg Holding 2148 -113 Bank Austria (P) 660 15 E Allgem (P) 2055 unch Jungbunzl 9950 -30 Lenzing 1098 -68 Leykam 355 5 Montana Oesterr Brau 3450 Semperit 98 2 Steyr 222 9 Veitscher 277 13 Source: Z-Landerbank Bank Austria
        44 words
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  • MONEY AND COMMODITIES
    • 385 16 Cross rates Dec 24 USS SS MS Dm Yen SFr A$ NZS USS 1.6310 2.7300 1.5175 127.10 0.5322 1.34*0 1.3123 1.8315 SS 0.6131 1.6738 0.9304 77.9277 0.3263 0.8265 0.8046 1.1229 MS 0.3663 0.60 0.5559 46.5568 0.1949 0.4938 0.4807 0.6709 Dm 0.6590 1.0748 1.7990 83.76 0.3507 0.8883 0.8648
      385 words
    • 605 16 Government securities Dec 24 Treasury bilk Period Issue Maturity Yesterday's closing Day's code Bid Offer High Low 3 months BQ91I49T 26.03.92 1.25 1.20 1.30 1.10 6 months 1 year BY*****Z 19.11.92 2.75 2.70 Government notes and bonds Period Issue Maturity Coupon Close Day's code rate Bid Offer High
      605 words
    • 530 16 Method can boost output by up to three times Reuter TAWAU, Sabah Many Malaysian cocoa growers hit by recent low prices are using clonal budding to cure pooryield trees to raise pod output and quality. "This process has saved my crop and
      Reuter  -  530 words
    • 318 16 Present two-point gap is too great, dealers say Reuter HONGKONG A local interest rate cut is ail but a foregone conclusion in the next two weeks, following the one-point cut in the US discount rate to 3.5 per cent on Friday, economists
      Reuter  -  318 words
    • 782 16 REPORTS ASIA Tokyo: THE DOLLAR closed firmer against the yen and barely changed against the mark in Tokyo yesterday. Underlying sentiment for the currency is still downwards due to the widening gap in interest rate differentials, but the market is likely to be
      782 words
    • 203 16 REPORTS Reuter TOKYO Yen-based Tokyo platinum futures closed mostly higher yesterday, attracting active shortcovering by local investors and trade houses. Prices were three to 22 yen per gram higher, with benchmark December up three yen at 1,432. The exception was the August, which lost two yen
      Reuter  -  203 words
  • 1149 16 Rubber Dec 23 tos (fcfc ftw) S cents/kg Noon Close Int I RSS Prompt 125.00* 126.00N 125.00/126.00N Int I RSS Jan 92 125.*****.00 125.50/126.00 Int 1 RSS Feb 126 00/126.50 126.00/126.50 Int 2 RSS OP 125.00/126.00N 125.00/126.00N Int 3 RSS OP I22.0Q/I23.00N 122.00/123.00N Int 4 RSS OP 120.50/121.50N 120.50/121.50N
    1,149 words

  • THE TRAVEL PAGE
    • 939 17 Crty F%W ETA Fjgfct ETD torn DfcaM GA895 1235 GA974 0001 GA886 0010 Adoiaido QF81 2010 SQ227 2115 QF82 2115 Amttardam GA895 1235 GA974 0001 KL837 1340 SQ24 2215 Atfcont 0A471 0015 0A472 2240 SQ35 1650 Auckland NZ21 1700 NZ22 1820 SQ388 2035 MtfM B1421 1105
      939 words
    • 638 17  -  POSTCARD FROM VENICE By B J Fernandes THERE are some things a visitor to Venice must do. Stay at the Cipriani, have a drink at Harry's Bar, tea at Caffe Florian and get one's photograph taken with the pigeons in Piazza San Marco. None are
      638 words
    • 150 17 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2381 1.2550 Canadian dollar 1.3923 1.420S NZ dollar 0.8787 0.9142 Sterling pound 3.0496 3.0909 US dollar 1.6260 1.6320 Locml dollars to 100 units of foreign currency Austrian schilling 14.90 1S.2I
      150 words
    • 73 17 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td !-> iq rvi. if .I. u v i Jan 14-18 International Valencia. Feria Muestra- ********** X IK h J h *****55.911 |992 Fair of Home Spain no Internaoo 1992 Trade Show Netherlands Nederlandse Textiles nal De Valenc.a
      73 words
  • Page 17 Advertisements
    • 38 17 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from atart to Finiriah
      38 words
    • 15 17 Read Chartpoint, a guide to investing in the •tock Market. Every Saturday in Business Times
      15 words
    • 68 17 CATCH THE NEWS TOMORROW 1 A "~1 LARISSA makes more jjUKy much, much more roubles sho earns a day could sometimes weekly wage. |j She is one of Moscow's or Her story in The New Paper I i the only local Englishlanguage newspaper on sale who two wheels to Mercedes,
      68 words
  • Page 17 Miscellaneous
    • 286 17 1 Die during the week of Ni- 1 I ill I f I i 5 Offended at being 9 Cautious about bombastic i language |H| 10 Calm down and pay up (6) -JB—P^-—^ 11 Not prepared to do a gruff I j I I 'I'll burlesque (3,5) I®! TBI""hM"""" 12
      286 words
    • 114 17 World forecast Asia-Pacific Hi/I/)* Cond. Auckland 24/16 Ooudy Bangkok 3(V20 Sunny Beijing -4/-8 Snow Hongkong 22/17 Cloudy Manila 33/22 Sunny Perth 26/17 Goudy Seoul 00/-4 Snow Sydney 27/19 Goudy Taipei 22/14 Goudy Tokyo 15/11 Goudy Europe Hi/Lo* Cond. Amsterdam 08/00 Goudy Athens 09/05 Goudy Brussels 08/00 Goudy Copenhagen 02/-4 Goudy
      114 words
    • 29 17 kiSkiJgXWSjCBgEI sejcond priic f hjjiPe thpit sroifi.tr HRD FN GReftT (OFF fcT TV4E. RRI>O'S DINNER [~> PihJO DP>NC£ LAST NIGHT... sggowtMfc5ggowtMfc \l MOSCOW- CMP^S... 0507 O ASSOCUTEO NEWSPAPERS LTD.. IM2-IMI
      29 words

  • 523 18 Manufacturing, services will spearhead growth Reuter WASHINGTON US industry, both manufacturing and services, will revive and grow stronger next year after two years of weakness, the Commerce Department predicted on Monday. "The overall picture is one of moderate growth," Michael Farren, UnderSecretary
    Reuter  -  523 words
  • 329 18 Reuter WASHINGTON President George Bush turned his traditional Christmas message to Americans on Monday into a defence of his political record and a plea to his countrymen to have more faith in the US economic recovery. Mr Bush made a fiveminute speech that
    Reuter  -  329 words
  • 185 18 Reuter BEIJING China yesterday announced plans to out-man-oeuvre illegal postage stamp speculators, a popular black market in a country where investment opportunities are few. The main strategy of the Ministry of Posts and Telecommunications is to flood the market with new stamps, the official China Daily
    Reuter  -  185 words
  • 290 18 AFP HONGKONG Cathay Pacific Airways still faces the threat of service disruptions during the holiday period after pay talks with its flight attendants ended here yesterday with no sign of agreement. After a further meeting between Cathay Pacific's management and representatives
    AFP  -  290 words
  • 121 18 Reuter TOKYO Japan's economic growth has been slowing, but its economic activity is still firm, an Economic Planning Agency (EPA) official said yesterday. The official, briefing reporters on the EPA's monthly report to economic ministers, said that Japan's economy is now heading for moderate and sustainable
    Reuter  -  121 words
  • 459 18 Those unwilling to do so won't be given contracts Reuter ABU DHABI The United Arab Emirates hopes to attract millions of dollars of European and US high-tech investment from companies winning lucrative arms deals, according to a senior official. Amin Badr el-Din,
    Reuter  -  459 words
  • 585 18 MOSCOW The Supreme Soviet, parliament of the exSoviet Union, held a session here yesterday but refused to dissolve itself until all the republican parliaments had ratified the accord creating the new Commonwealth of Independent States. A draft resolution along these lines was outlined to
    585 words
  • 223 18 Reuter TBILISI, Georgia Georgian opposition forces resumed shelling President Zviad Gamsakhurdia's headquarters yesterday as the official death toll from two days of fighting rose to at least 26. Smoke billowed from around the besieged Parliament and government complex in this Transcaucasian republic's capital as artillery boomed
    Reuter  -  223 words
  • 194 18 Agencies TOKYO Japan's Prime Minister Kiichi Miyazawa told Malaysian counterpart Datuk Seri Dr Mahathir Mohamad yesterday that his government would soon halt aid to Malaysia as it was becoming more affluent, a Japanese Foreign Ministry official said. Mr Miyazawa was quoted as saying
    Agencies  -  194 words
  • 219 18 Reuter NEW YORK The youngest son of the late media tycoon Robert Maxwell, Kevin, resigned as chairman and publisher of New York's Daily News, the tabloid his father bought less than a year ago, the newspaper said on Monday. His brother,
    Reuter  -  219 words
  • 433 18 AFP DHAKA Tension mounted on the BangladeshMyanmar border yesterday as Yangon deployed tens of thousands of troops there following weekend violence, ignoring Dhaka's call for talks to find a political solution to the problem, officials and press reports said. A Foreign Office
    AFP  -  433 words
  • Page 18 Advertisements

  • Shipping Times
    • 372 19  -  By Dexter Lee SINGAPORE Dutch carrier Nedlloyd Lines has taken over the shipping agency that used to serve the Scan Dutch consortium in Singapore. From Jan 1, newly-formed shipping agency Nedlloyd Lines Singapore Pte Ltd will inherit the Singapore staff, office and operations of
      372 words
    • 235 19 Reuter AMSTERDAM Stormy weather is delaying shipments of Russian oil products from the Baltic ports of Ventspils and Klaipeda, sources close to the Russian shipping programme said. "There are up to 15 gas oil (diesel and heating oil) vessels stuck in Ventspils due to the
      Reuter  -  235 words
    • 219 19 UPI KUALA LUMPUR The Palm Oil Research Institute of Malaysia, Porim, working with a German firm, has succeeded in using palm oil as fuel for specially designed vehicle engines, officials said. The new palm oil engine, developed by Elsbett of Germany and used in
      UPI  -  219 words
    • 1200 19 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 •APL 5 3 A.P.C. Lines A cWarehousing 15 4 Arrow Int 9 4 Asian Break-Bulk 16 3 ASXCLShpg 15 2 ASCL 5 1
      1,200 words
    • 289 19  -  By Selva Kumar SINGAPORE Six new tankers will join the fleet of specialist chemical tanker operator Odfjell Tankers in about two to four years time. The tankers will be timechartered to Odfjell by the owners Storli group of Norway and the National Chemical
      289 words
    • 326 19 Reuter LONDON Oil prices may weaken in 1992 but this is unlikely to bring about satisfactory freight rates in the tanker market, a press release issued by the International Association of Independent Tanker Owners (Intertanko) said. "There is a possibility that
      Reuter  -  326 words
    • NEWS SUMMARY
      • 41 19 CONTRIBUTING to Panama's economic comeback is the booming Colon free zone, the largest duty-free trade zone in Latin America and the sec-ond-largest in the world after Hongkong. Trade is approaching the US$7 billion mark Page 2
        41 words
      • 61 19 ITALIAN city officials and technical experts have met in top secret to work out details of a controversial plan to ban all private cars from the art city of Florence for the entire month of January in an effort to ease choking pollution. The
        61 words
      • 40 19 NORWAY'S North Sea Statfjord and Gullfaks oilfields are currently producing as normal even though high waves forced two tankers to break off loading, operator state oil firm Den Norske Stats Oljeselskap A/S (Statoil) said. Back Page
        40 words
      • 55 19 UNITED AIRLINES said it would exercise exemptions granted by the US Department of Transportation to expand its service to Latin America. The additional flights reflect an expansion of United's previously announced plans to launch in January service between the United' States and Venezuela. Trinidad,
        55 words
    • LOG BOOK
      • 89 20 foIITTAGONG, Bangladesh Chittagong port was almost a standstill on Monday with 350,000 tonnes of cargo piled iff) because of a strike by workers demanding higher pay and Job regularisation, port officials said. They said transport Operators, who stopped work early last week, were joined by
        89 words
      • 52 20 LONDON The Isle of Man bulk carrier Durrington entered the river Tyne on Dec 21 under tow of the tug/supply fessel Mistral, Lloyd's Shipping Intelligence Service said. The fcl 990-dwt vessel reported on December 18 that an enginetbom fire had been extinguished off the
        52 words
      • 39 20 fcONDON The Cypriot bulker Despina arrived at St Michael's in the Azores on Dec 18 with main engine damage, Uoyd's Shipping Intelligence Service said. The 55,596 dwt Vessel is bound for the United States.
        39 words
      • 52 20 LONDON The Maltese registered ship Marsa is anchored fcest of Bremanger, Norway, after touching ground early on Monday, Lloyd's Shipping Intelligence Service said. A tug/icebreaker* will'proceed to the 8,000 dwt vessel, which had engine trouble, as soon as the weather moderates. The crew wlere earlier lifted off
        52 words
      • 58 20 LONDON The Chinese-owned bulker Jin Hai and the Norwegian-owned freighter Hamilton Trader collided on Dec off the south east coast of England, Lloyds Shipping Intelligence said. The Jin Hai. 36,701 dwt, was bound for ghina via Brixham to drop pilot, with a cargo of fertiliser.
        58 words
      • 78 20 AMSTERDAM Dutch Economics Minister Koos Andriess*n said a merger between flag carriers KLM Royal Dutch Sirlines NV and British Airways pic would be a logical step fi Europe nears economic unity, a ministry spokesman s&Kjhe Dutch state holds a 38 per cent stake in KLM, which
        78 words
      • 50 20 fcONDON The Panamania-registered bulk earner Kara Sea. loaded with coal, arrived at Cadiz on Dec 19 to report a fire in two cargo holds, Lloyds Shipping Intelligence reported. She holds were rendered inert with nitrogen and the 43,812jpwt vessel is expected to proceed to Iskenderun, Turkey.
        50 words
      • 39 20 DELHI Indian Airlines pilots returned to work after tvtekiay strike that threw domestic air travel into chaos, an VirUtif spokesman said. "The pilots have agreed to restore Jormalcy with immediate effect." the spokesman said.
        39 words
    • 835 20  -  Panama's Colon free trade zone is approaching the US$7 billion mark. But officials fear the zone is being used by traders to launder drug money. Joachim Bamrud reports Joachim Bamrud UPI CONTRIBUTING to Panama's economic comeback is the booming Colon free zone, the largest dutyfree
      UPI  -  835 words
    • 915 20 WEAK early 1992 fixings in slow charter market conditions undermined the Baltic Freight Index (BFI), which fell nine points to 1.500, brokers said. This was the lowest BFI level since August 14 (1,492). The Atlantic and Pacific voyage charter markets were in the doldrums and time-charters depressed, but
      915 words
    • 9451 28 This is a list of ships loading s at Singapore for ports around 3 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
      9,451 words
    • SHIPS IN PORT
      • 398 35 Vewl fey Ik Bvft krktl Dqmtn Hml *9* ktM P ><rt r SSlrl'^lSIl 1 "0. 15.12/2300 Beta 080/91 M01 atongstoe Fuji JJ $°J ggjjj® «|$S Bo Kyaw 2 07/91 M05 ator«s«fe 24.12/2359 Heron Vrow 50 S02 24. 2/0730 Z4.Z/ZJUU Ha Hut 8 9120 M03 ak*«sde 25.12/0700 Pan
        398 words
      • 1176 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rdb Sty Voy No Etb/Btr Period From To From m A VMmc 02/245 26/0800 2 23/1700 24/0659 24/0900 A venture 3 wm 4 24/1200 24/1459 24/1700 AC* Jade 64A 25/1500 2 23/1700 24/0659 24/0900 4 24/1200 24/1459 24/1700
        1,176 words
    • 335 36 UPI FLORENCE, Italy City officials and technical experts have met in top secret to work out details of a controversial plan to ban all private cars from the art city of Florence for the entire month of January in an effort to ease
      UPI  -  335 words
    • 196 36 Reuter OSLO Norway's North Sea Statfjord and Gullfaks oilfields are currently producing as normal even though high waves forced two tankers to break off loading, operator state oil firm Den Norske Stats Oljeselskap A/S (Statoil) said. "We had reduced output on Saturday morning,
      Reuter  -  196 words
    • 336 36 UPI CHICAGO United Airlines said it would exercise exemptions granted by the US Department of Transportation to expand its service to Latin America. The additional flights reflect an expansion of United's previously announced plans to launch in January service between the United States
      UPI  -  336 words
  • Page 19 Advertisements
    • 10 19 y *>*• 1 For advertising enquiries, contact Shipping Times: Tel 740-2089/74^2090
      10 words
    • 139 19 You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. I For other reasons, send in your subscription now. The Straits Times WMKLV 0 VUU«Aa«OITION 1I Making an issue of the major issues I -MlltMiltlliWhlW j airmail subscription rates I I Add*» 3M*.
      139 words
    • 41 19 X v •> Yourson is studying overseas. And you want him dose to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report.
      41 words
    • 83 19 Container Schedule M Daily Freights 2 index to Advertisers 1 Shipping Guide W-M Ships in Port V Singapore Tides M Transport Diary 3 Weather and Sea Conditions U Someone dose has beenlving in Canada for some years. You've given up writing those long letters. The Straits Times Weekly tells it
      83 words

  • Page 20 Advertisements
    • 110 20 v ~7 h yT mjt/ 1 i ipC It could be a controversial deal between two stock J market stars, a thought-provoking report by Xl( university researchers on the latest trans-European J FOCUS zooms in on the news and issues of the day and looks at them in more depth
      110 words
    • 10 20 The Weekly Freights report was Ret availably at press time.
      10 words

  • Page 21 Advertisements
    • 1263 21 OOCL PTE LTD JAMMNC SHPMNO AQCNCKt TEL: *****11 FAX *****00 iMMr BOOKINGS TEL: *****234 *****58 ■llllf MVfl TERMINAL/CFS TEL: *****218 220 PBOOfiS^I PEBAKA JAMMNC SMPMNQ AQENCIEB SON. MHO. LlfiV J PORT KELANQ TEL: *****18 FAX: *****01 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 Dedicated to Quality Service ipoh
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    • 800 21 TRANSPORT MARY 1992 Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore, Federal Aviation Administration, USA, Department of Civil Aviation, France and State Institute for Air Navigation, USSR at the Raffles City Convention Centre. For further information please contact Singapore
      800 words
    • 4 21 w« MAERSK $1 wjk
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  • Page 22 Advertisements
    • 396 22 i We wish all our *i business associates, customers friends a Merry Christmas i ir j a Happy New Year sSTafcre HAPAO-LLOYD (SINGAPORE) PTE LTD Singipori s 4o7 °®J®f **********0 I Biqini Agtncict Sdn Bhd. K. Lumpur *****2S P. K*l«ng *****11 CFS *****50 Pciiang *****7/*****3 JB 07-*****0, *****3. I I"
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    • 766 22 «A..Ar.»v.r» fwaiMECt raw wnoum wane n»n i SM NOO SUV PPT I. COPIAPO 3002 EB 29-01/01 IVOI 18/01 22/01 U BOMTAMQIIOO EB 25-28/01 10/02 19/08 18/02 I Tranatt Tim. (13) (1«) (22) I ALSO ACCEPTBI6 CARGO Wt WW TO; LMTTOKA. PA6O PAGO, I APIA. NUKUALOFA, P. WLA I FASTEST fflß
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    • 1257 22 MwrrH **SF v REGULAR MDCPENOeMT FULL CONTAMER SERVICE WESTB6UNB PdR IUHOPt Z.« SSKS! Sgyj'.f.l, SJif Ji/Si S?5! M/« 2/« NORASIA WMMM 9144-3 14/01 63/02 05/02 09/02 11/02 11/02 13/02 12/62 13/62 NMASIA AL MANSOORAH 9145-3 19/01 10/02 12/02 15/02 17/02 16/02 10/02 17/02 11/62 l'/M 1«/K M 24/82 U/K ALSO
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  • Page 23 Advertisements
    • 1067 23 Maritime Holdings Ltd I P&O |l*lf Containers! —n^——■—M——^l 0 ib lb ik kim #fm fin Ml In M M M| ACCEPTS OK SAR.S g IIKM WOIS «M 11/12 22/12 22/12 2t/12 M/tl 12/11 13/11 IS/11 CIMO 6 —I MY KM 24/12 a/12 M/ 12 14/11 M/tl lt/tl STRAITS VENTURE BK
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    • 1130 23 na/wr i» tm tm m wc msmsm wrc w a» cm im o« m iffcM iTfi Jl/12 21/1 M/l VI 7/1 iTt IVt Mi WHS 11/11 11/11 22/U 11/11 VU 1/11 14/U moTM« ownct etw i/i a/i a/i i/i 11/11 lt/i m/i u/t bmth mm ti/n tvu m/h a/11 i/u
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    • 398 23 STRUTS/ JAPAN/ STRUTS SERVICE' SPECIALIST M RO-RO t HEAVY LFTS f wm. wot I y PS fnic To f f mm MOB IS M HPT sbopk "5 a/i 2 a/12 j coaac CMMiEMDt u iTpt a/u j cook mra 15 «/u a/12 v (BAKE OCCAM Iw *71 «7i wucM* "5
      398 words

  • Page 24 Advertisements
    • 525 24 CR NBR 11(27******-0 I EXPRESS SUM-CMT/UIIBSIIIP SBMCI TIEIMK ISC/wt IrroK mm/KWii h-bbj m» snw» ■aWMTVMW k fcrt 24/1 8/1 3/2 VJ 111/1 14/2 l»/2 23/2 21/2 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO -to Iwtmint Alm wr «o CMrtl—rm. Part Um. M AM«lKrt«. Q«n»«, TH—>■. ALSO ACCEFTWC BOTH COKTAMOS, COKTOJTWAU
      525 words
    • 855 24 (g) HANJIN SHIPPING II rhlfiniiiT" ■a us mm. m u we m <OL [sl*"» mSMD MT 1171 31/12 H. KB RM UK Ift 7/J VI HANBISEATUE S2IE 2i U BBKT 13/ 0E8177C 1/1 H RXOMMM M7l IVI2 14/2 U/2 MMMKMAH ME 1/J I «CT 21/ 24/ MM B. NOIMS ME
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    • 1083 24 lIBBTM-W IVU 2VU 5/U "!/l *Jj I4BMIB-4B 1/1 2/1 7/1 l/l*fllVl»VllMlWII/lWl*/llMWtlMMWini1W lrt |1/J ft/J Wi M I imm mm vi «a wi iw u/i w a/> w w w »/i \n »w S2 *YZ J£ .Jn .i* «i£ 12 *2 mI (LMM ■472 IVI IVI 21/1 22/1 tt/1 27/1 B/l
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  • Page 25 Advertisements
    • 1686 25 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) #BOOKMQBc NEPTUNEUNK TEL *****00 (TOLL-FREE) UK/EUROPE SERVICE *****1# USA SERVICE :*****1S AUBTANDWPAK BERVICE *****18 FAR EAST SERVICE *****48 TERMWAL OFFICE *****22 DOCUMENTATION DEPT :*****44/*****14 Mf CF& MBS-IMPORT *****8388/*****80 CFS: MBS EXPORT -.*****83/*****04 NEPUNE SON BHD MALAYSIA K.L-f» *****33, P. KHm&M
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    • 948 25 SINSOV 1 PENANG: *****4/ *****8 JOHORE BAHRU: *****1) ***** i——r (REGULAR INDEPENDENT SERVICE) FULL CONTAINEttSHIP SERVICES IEASTBQUc-orojgggg mnaum-iOtaK rawjHwp»faiitiMN S WT |i |ma MM w [Ha |w |t m 2! !!s:— m noaoMN urn 12/12 16/12 n/12 «m»i h/i? a/12 'B*' ?8/tl w/ m rmtmn ?3/»t K mSSSS 4»1 22/12
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  • Page 26 Advertisements
    • 1272 26 _i M AS AGENTS: KAWASAIQ SINGAPORE (PTE) LTD (CR Mo: U*****0000M) M TEL *****77 TELEX; KAWAKI R*****5 FAX: *****07/8/9 I[# T T mllj 1 MALAYSIA: 'IT UNE MARmME (MALAYSIA) SON BHD ■m, Mj 11/ TEL SA *****00 PK*****0V5 PENANG *****0 J*****01 SSS VTD INDONESIA: P.T. BARANA LAUT INTERNUSA TEL JKT
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    • 1394 26 r fflfi PMU-OMtNT LIN€S PTC LTD i 100 RoMn«on Road #07-00 QUO BuMng 8lng«po*» 0100 I Jtj&K T«(: *****22/*****69/*****00 Tatar. R8 *****PH1U FAX: *****70/*****36 I BY AIR, LAND OR SEA..~. I WE TAKE ON THE WORLD FOR YOU fl» I MEMBER OF BMQAPORE FREIGHT FORWARDERS ASSOCIATION I 31 DEC CXJ6AI,
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  • Page 27 Advertisements
    • 1078 27 saaaPlf pacific international unes (PTE) ltd j mmtß PlLBufcing, 140CecilStreetKXWX),Singapore0106. VCtSCL VOY SM JKT MM VCNCL y O Y SIN BKK SIN COUATOfI MAS 2SN 2S/12 27/12 1/1 KOTA BINTANO tMX 2S/12 as/12 1/1 SUNOA TCRATAI 523 2S/12 Jl/1S 8/1 KOASUS PROORCSS MSN */12 30/12 4/1 I DSN 011 31/12
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    • 1224 27 EacßenV F CLASS CONTAINER TRANSPORT I OCEAN VSL/VOY I SIN I SOU (1) I RTM (2) I HAM (3) GOT (4) ANSON/TBN 17/1 16/1 MHON 2022 21£1 7/2 9/2 10/2 12/2 ANSON/TBN 24/1 25/J BENARTY 2032 28/1 14/2 16/2 17/2 19/2 ANSON/TBN 31/1 1/2 ALSIA 2042 4/2 21/2 23/2 24/2
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    • 501 27 M MYANMA \BBBk FIVE STAR UNH 1 (Myanmar National Una) Loading for Yangon (Rangoon) 4 S pore P.KIf P«n P.Mf MOtOI VI UN In ft PAGAN VI77W 27/29 Dec PATHEM *115* 27/29 Dec 24/2* Ow MYOMA TWA 13«*l 30/31 Dec 27/29 Dec HP A-AW ****** 3/0 J« BANK LINE (A
      501 words


  • Page 29 Advertisements
    • 1035 29 /S a total approach to transportation BCANOUTCH IWIWIW I rJOAMQ I WWAW I OCKimW■ I WW I U H*yW(I)irOAIXD KAHrrOK*) WU»tt(«) O-BUWO(S) VESSEL At PKg "Pen *Bkk Sn Sbaya Auckland Ftp(A) Nftymoiift(A) Tmm, Lyttaiton(B) Dimetfn(B) Napier Mefcgtan(C) Tavaaga JW J- IWUWU 1 u/u WU \*-ZZ7~ WU 57* ~T N Wosano/9131S
      1,035 words

  • Page 30 Advertisements
    • 780 30 J~S~ POjUSTftALIA/NEW ZEALAND IMr [it jNna |M* |M |M |WC If CNMJi Mwrtn m a/12 Ji/u 1/i 1/1 ivi ITTi Ic. mmus Hi 7/i~ ivi 35/5 m/i m/i 175 I J ««tarß) ST" iiTi vT" ivi 1575" 57T" 5/5 I «mth» m n/t ~rm E75 t75~ m/i Ivi ho USA/CANADA
      780 words
    • 1079 30 EVOtn ID HONGKONG. TAIWAN, MANUt I MPM "TMCE HEKLT" MALACCA STRAITS SERVICE low—— VOY wg KM Ml M lim UP »g TO «W W tEUB. VOY |8W lm PER MR ai »BIMI 22t 25 .12 27.12 31.12 4.1 61 18.1 11.1 11.1 12-1 AC» MBT 38A 29.12 38.12 1.1 31.12
      1,079 words
    • 1639 30 Visa taMW M W W CHINA OCEAN SfflPHNfi COMPANY FULL CONTAINER LINER SERVICE MMATM'S MEXTS SINGAPORE'S GENERAL AGENTS KmmtMßnt CHUNG CHIAO SMPPMG SON BHD rmiAR SHPPING PTE LTD P.T. GLOBAL PUTRA KL TEL *****91/17 FAX: *****92, ***** L HWVftU UIDfTMC t. RUNG Ttt 3CMIM/I 1U :MR ***** Ttt: 22HH0/*****33 wiu
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  • Page 31 Advertisements
    • 533 31 (fr FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES LiIASSOL/PBEAUS 29/12 ROTTERDAM 29/12 HAIFA/ASHDOD/ALEXANORIA 29/12 HAMBURG/BREMEN 29/12 ;marseile/france 29/12 FELIXSTOWE/UK 29/12 BARCELONA/SPAIN 29/12 LEHAVRE/ANTWERP 29/12 GENOA/ITALY 29/12 GOTHENBURG/SCANDINAVIA 29/12 LOS ANGELES/WC/Pt 28/12 SYDNEY/MELBOURNE 30/12 NEW YORK/EC 28/12 FREMANTLE 28/12 VANCOUVER 28/12 BRISBANE/ADELAIDE
      533 words
    • 697 31 Bucnfieu lAwiinEEaTTrTriTil TEL: USOIM (It Urm) M FAX: M7IIMMM fH TELEX: Rt MWS RMHP (S UnM) ETMPMN W*UW 1 (National Unaa of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA IIOADtNQ FO« awia ANOMET MWB Jl/1J DAHESSALAAM. MOMBASA. DJIBOUTI AMAB massawa ASSAY WONZ )iwa 02/02 OAWCSSALAAM. MOMBASA. OJBOUTI MASSAWA H
      697 words
    • 738 31 ■JAKARTA Wll nam* mm rm *r\ nivt_ t ■mu bhum iw a/12 11/12 mmm* «m m rt/u vm IiZH. 1 TTi Tn "5 a^L_Jw ■en bum ifiL J- -t- chmta bmum aaw ayig M gflL -If ■Km awa i» Hl— ilZl nam* bhubt## aw 11/12 ~~*T~ ea/eT ■SURABAYA aa bmum#
      738 words

  • Page 32 Advertisements
    • 967 32 JtAgMAC-NELS S'PORE feteWS&r SSURIT&a. SIN PEN PK SIN Colombo 26/12 27/12 28/12 28/12 29/12 30/12 Ldn/Fli/Rdm/Ant Durban/Pt Loub 26/12 27/12 28/12 30/12 31/12 1/1 Gothmburf/Stocfcholm/OsJo BWMBHMMWMMWWMWMWBi 5/1 6/1 7/1 Piratus/Gonoa/Trwste pj 4 1 26/l'z 2 W SCw,/Ctn,.ctoch B|PBBillHMß| i; Busan 28/12 29/12 30/12 Mania 11 27/12 26/12 27/12 28/12 Honf
      967 words
    • 292 32 BLUE «TM UWE TO FROM /•NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS sm m u in MAHSURI Ml* Nrt NPJ- »/l »/l fROSfCCT ICS 4/1 W/l JJ/I «/I MAICAMA V 0512 IS/1 M/l NPI 30/1 W* FULLY CONTAINERISED SAILINGB DISCHARGING AT NEW PLYMOUTH LYTTELTON, ACCEPTING
      292 words
    • 1138 32 THDMB SOON UNES PTE. LTD. Ms 77 ROBINSON ROAD #15-00, #16-00 StA BUILDING SINGAPORE 0106 TEL: *****8S FAX NO: *****11. *****22 WtßSm TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYBIA vessel fig In* Inn vessei m sure p. mm KIM SOON
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  • Page 33 Advertisements
    • 789 33 vS?^^cosSsuß»uß^^/ 1A DC VAPOREB "PERUVIAN STATE LINE' ACCEPTMG KMOULX/FCL/SOC CMfiOB TO/FROM CALLAO, MftTMAN, 10» I OTHEI FBRMMM PORTS* HTM T/S AT KOK ON CFV TWOIIGH HI OF LMML P—H* f. Mmt fcww FN* KAMALfWRETT 31 Ok/91 JM #2/03 MRMTORETT 21/22 tm 23/24 tm WMjnacn OA/OOM 94/97 W2& "EVERETT ORIENT LINE"
      789 words
    • 439 33 CZ3Z I Mfcgr N.AMERICA/CARRIBEAN SERVICES NPT ii Mmai yu BT M w w m mmmm im 30/12 mmm a/i vt u/2 ivi 14/2 m mer UK 4/i mmmu JK! K K 2MOAT 171 13/1 H ««U 11/2 N/2 M/ 2 N/2 N/2 M— m 9n« Hi 11. c*»—. cA—c» 11
      439 words
    • 506 33 lITVMCBi awrnira j MIDDLE-EAST/PERSIAN GULF ACCVTMO FCL/ICI DUBAi. DAMMAN. SKARJAH. DOHA. MUSCAT. BAHRAIN. AW OHA®. BAMOAA /MAS. JEOOAH FAR EAST ACCfFTWO FCL/LCL PENANG. F/KOANC. JAKARTA BANGKOK. HONG KONG. TADMAN, JAFAN, MANIA KOREA UK/EUROPE A.CCBFIBOB FCL/LCL LONOON. FELIXSTOWE, LEEDS. TIBURY, ABEROEEN, IE HAJtVC. HAMBURG. ROTTERDAM. ANTWEF. GOTHENBURG. COPENHAGEN t Ml OTHER
      506 words
    • 422 33 IS PERINTIS LINEIII WEEKLY PULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VlB—L VOT W AT NY OERAJAT 966 26/12 28/12 PELOPOR 1020 28/12 31/12 DASA ENAM 806 31/12 03/12 TRADE LINK 007 16/01 20/12 TRADE LINK 003 01/01 06/01 TRADE LINK 005 08/01 12/01 General Agent*
      422 words
    • 434 33 29/12 KEELUNG/KAOHSIUNG 28/12 BANGKOK 31/12 MAMLA/CEBU 31/12 IAKARTA/BELAWAN/SURABAYA 28/12 PORT KELANG/PENANG/E. Malaysia 30/12 BUSAN 30/12 TOKYO/YOKO/KOBE/HGO/OSA 28/12 HONG KONG Si cmo 28/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DAL lAN/SHANGHAI/XINGANG TIANJIN/QiNGOAO/HAIKOU also accepting LCI cargo aQMPE/K ■880 tT TV 29/12 LON/FLX/LVP/SOU 29/12 ROM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hunfary/Roumania/Poland/Bu<caria/C2ecfa. 30/12 LOS ANGELES/NEW YORK
      434 words

  • Page 34 Advertisements
    • 675 34 W SEASON'S GREETINGS TO ALL OUR CUSTOMERS ANGLO ORIENT SERVICES (S) PTE LTD "ACCEPTING FCI AND LCL %a TO THE FAR EAST" TAIWAN JAP AM VESSEL/VOYAGE SJM KHH KIE TOK OSA KO6 Sea Ranfer V.502 26/12 31/12 02/01 07/01 07/01 09/01 Asian Pegasus V.512 02/01 07/01 09/01 16/01 16/01 18/01
      675 words
    • 571 34 Bonteim J CONTERM FREIGHT (F.E.) PTE LTD. OUAHANTKKO WICKLY CONSOLIDATION TOUB ran CHOICE TO:— AUCKLAND 24 DEC NEW PLYMOUTH, WELLINGTON, LYTTLETON, NAPIER, HAMILTON, CHRIBTCHURCH, DUNECXN, PORT CHALMERS BANGKOK 30 D«c EUROPE 29 Dm FREMANTLE 4 Jan PENANG 31 Dae PORT KELANG 29 Dm JAKARTA 31 Dm MELBOURNE 30 Dm SYDNEY
      571 words
    • 389 34 M ——N M MS—B— M l MS^>* SERVICE FROM ij PENANG KL: ALLtct>4.mK SINGAPORE: m *****722 *****8955 *****82(22 unesi S®);.. I E9 K,M SHIPPING I I Til: 222MH fn: 2247H1 V am*a/KHio/mEJiuuLK somen VCaSCL VOY I SM I DAM DUB JCO 1 SAUDI ABHA FEA 059 l 2S/12 I 06/01
      389 words
    • 362 34 MANILA ETA VIGOUR SWGAPORE 16KB 28/12 VIGOUR PACIFIC 53W8 4/1 ggggft 28/12 4/1 BUSAH 30/12 6 1 HONGKONG 28/12 4/1 DURBAH/PT LOUIS 28/12 12/1 KEELUNG 30/12 6/1 MSA 30/12 6/1 PT KELAWC 24/12 27/12 KOBE 30/12 6/1 PIRAEUS 23/12 12/1 OSAKA 25/12 1/1 T JAKARTA 24/12 26/12 OUBAI 28/12 12/1
      362 words

  • Page 35 Advertisements
    • 329 35 yO c vO c Oc vO c vO c vQc vO c I VAN OMMEREN CETECO GROUP U >• TRANSPORT DIVISION > U VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOUQAIQRIffiIH WORLDWIDE NETWORK I J Weekly FCIACL Services g• V J > USA EUROPE FAR EAST V BaAimore: Votalner Consolklallon Services Hamburg:
      329 words
    • 11 35 Read Chartpoint, investing in the Stock Market. Every Saturday in 1
      11 words
    • 286 35 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Ijkl Fax: *****63 I Singapore 0208. Telex: RS ***** I j: w VESSEL VOY NOS I SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG Go RG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN BenakJef 466 28/12 21/1 20/1 19(1 22/1 Bonga Pefmai
      286 words
  • Page 35 Miscellaneous
    • 162 35 "PES TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 OSOO 0900 **********00 *****4 M ISM 1600 *****1001*0 2000 2100 *****301 IB IQ ?4 7 6 2 6 24 2.1 1.5 1.2 1.1 12 1.5 2.1 19 3.4 34 35 2.7 2.0 1.3 08 0.5
      162 words

  • Page 36 Advertisements
    • 1015 36 jCHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST Vhd» mm ra s» lm mx wr kao um oak g* wt tcm/sea m WAN HN 20t MWt 09/12 11/12 12/12 IAIAMJtA 45£ 20/12 ot/01 W/Ql 11/01 GOUJW 6ATI B0 S3!
      1,015 words
    • 217 36 COWTAUTCB LINES 1 WEEKLY CONSOLIDATION SERVICES BANGKOK 27/12 HONGKONG 2/1 KEELUNG 2/1 JAKARTA 31/12 MANILA 28/12 Sydney 30/I^^ MELBBOURNE 30/12 FREMANTLE 2/1 317 Outram Road, 4)2-29 Concorde Shopping Centre, Sin&pore 0316 Tdi 733 3069 Fac *****27 Accepting LCL/FCL to: Penanj/P Kelang/Hong Kong/Busan 28/12 Rotterdam. Hamburg/Antwerp 27/12 Madras 28/12 CONTAINER FEEDER
      217 words
    • 38 36 CHARTPOINT Every Saturday in Business Times FREIGHT MANAGEMENT GROUP W%VTS*f&T gj N pen X WISHING ALL I OUR FRIENDS g i k I CUSTOMERS I A MERRY I CHRISTMAS AND i I A HAPPY I NEW YEAR 1
      38 words