The Business Times, 18 November 1992

Microfilm: NL18511
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Wednesday, November 18, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      Clinton has no intention to change recovery plans
      70 1 LITTLE ROCK, Arkansas President-elect Bill Clinton yesterday told a news conference that recent economic indicators did not point to significant improvement in the economy and he had no intention at present to modify his economic stimulus plans. During the presidential campaign he
      70 words
    • Article
      LDP rejects opposition demands
      52 1 TOKYO Ruling party negotiators rejected new opposition demands yesterday to summon key figures, including disgraced ruling party kingpin Shin Kanemaru and ex-pre-mier Noboru Takeshita, to testify to Japan's Parliament over their roles in a scandal which has paralysed debate over the government's draft supplementary budget for
      52 words
    • Article
      Nod for airline merger
      35 1 NORTHWEST Airlines and KLM Royal Dutch Airlines were granted approval by the US Transportation Department to merge and operate as one airline and to cooperate in pricing and strategy. Page 2
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    • Article
      New Land Titles Bill
      28 1 THE government is to replace the Land Titles Act with a new Bill in its first major reform to regulate property transactions Page 2
      28 words
    • Article
      Bankruptcy petition
      24 1 BANK of America has filed a bankruptcy petition against Pang Kim Soon, chairman of debt-ridden Colour Touch (S) Pte Ltd Page 2
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    • Article
      Asean gas grid
      34 1 THE proposed Asean gas grid, aimed at boosting the region's economy, could eventually be expanded to link China and the Middle East to South-east Asia, according to industry experts Page 7
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    • Article
      Solidarity pact
      28 1 CHANCELLOR Helmut Kohl's planned "solidarity pact" between government, trad' unions and employers could prove counter-produc-tive in reviving growth, said the government's independent economic advisers Page 8
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    • Article
      US$35m Cebu complex
      37 1 JAPANESE shipbuilding giant Tsuneishi Co Ltd is pushing through its plan to set up a US$35 million (Sss7 million) industrial and shipyard complex in the central Philippine province of Cebu. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow higher
      45 1 WALL STREET began trading yesterday with a slight advance, as investors appeared encouraged to buy after the recent bouts of selling. The Dow Jones index of 30 leading industrials rose 2.96 points (0.09 per cent) to 3,208.70 five minutes after the market opened.
      45 words
    • Article
      Footsie higher
      30 1 LONDON share prices rallied in mid-day trading yesterday. At 1245 GMT, the FT-SE index of 100 leading shares was up 5.9 from the day before at 2,686.7 points.
      30 words
    • Article
      Powermatic offer
      20 1 POWERMATIC Data Systems yesterday offered 10 million new shares at 45 cents each for public subscription Page 3
      20 words
    • Article
      Berjaya purchase
      29 1 BERJAYA Leisure Bhd announced that it has taken a 12.95 per cent share in Far East Asset Bhd's equity for M 546.5 million (5530.1 million) Page 3
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    • Article
      Sources of profit
      27 1 THE Lum Chang group is likely to make most of its profits abroad and from non-con-struction activities in the next few years Page 3
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    • Article
      DBS in Thailand
      32 1 DBS Bank is keen to do more business such as in offshore and corporate banking in Thailand. The bank yesterday officially opened a representative office in Bangkok. Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 675.32 +8.06 Kuala Lumpur ....641.90 -4.35 Tokyo 15,993.48 -169.51 Hongkong 6,088.52 -206.31 Sydney 1,365.1 +7.9 Monday Change New York 3.206 -27.03 London 2,679.6 -17.9
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    • Article
      CURRENCIES
      24 1 Exchange rates US$ S$ 1.6375 100 Yen SS 1.3137 MS S$ 0.6483 Money market rates Overnight 1 3/8 3/8 3-month 2 1/8 +1/8
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USSS333.85 -US$2.15 Rubber S'pore Dec !46.25'/kg -0.25 M'sia Dec 223.50*/kg +1.00 KL Tin Turnover 26tonnes -1 Spot MS 14.28/kg -0.08 Crude palm oil Turnover 1,441 lots +81 Dec MS969 /tonne -7
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  • Article, Illustration
    Lock icon Finance firms risk heavy losses in car loans
    627 1  -  Mismatch of funds poses danger if interest rates soar By Alvin Tay SINGAPORE The rapidly rising car prices have resulted in a serious mismatch of funds for finance companies, with most of them using short-term deposits to fund four or five-year car
    Source: MAS  -  627 words
  • Article
    Lock icon Jakarta may revoke Bank Summa's licence
    224 1 Reuter, AFP JAKARTA Indonesia's central bank says it will probably have to revoke the licence of Bank Summa, whose troubles may force the bank's family owners to give up control of the country's second largest company. "There is a hope (of not revoking the
    Reuter,; AFP  -  224 words
  • Article, Illustration
    Lock icon AND this is the pump, says one Deputy Prime Minister to the other. Mr Ong Teng Cheong (right) who has opted against immediate treatment for lymphoma, yesterday visited BG Lee Hsien Loong in hospital where the latter on Monday began chemotherapy for his lymphoma. —
    48 1 AND this is the pump, says one Deputy Prime Minister to the other. Mr Ong Teng Cheong (right) who has opted against immediate treatment for lymphoma, yesterday visited BG Lee Hsien Loong in hospital where the latter on Monday began chemotherapy for his lymphoma. Photo by Chris Loh
    Photo by Chris Loh  -  48 words
  • Article
    Singapore market recoups 19 points
    168 1 SINGAPORE On Monday, the stock market tumbled on rumours that Singapore's two deputy prime ministers had cancer. Yesterday, after the rumours had been confirmed, the market recovered most of its losses. Brokers said the market rebounded on relief that the uncertainty spawned by the swirl
    168 words
  • Article
    Lock icon HK jittery over China's threat to pull out of agreements
    281 1 staff from agency reports SINGAPORE Shockwaves shook Hongkong yesterday at a Chinese leader's remarks that Beijing could pull out of agreements reached with Britain on the future of the territory because of their row over democracy. Politicians and businessmen alike
    staff from agency reports  -  281 words
  • Article
    New CPF rule will boost value of 1,600 flats
    567 1  -  By Sylvia Wong, Kooi Cho Teng SINGAPORE Almost 1,600 flats are expected to get an immediate boost in their value now that the Central Provident Fund Board has announced that it will relax its guidelines to allow the use of CPF
    567 words
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      Page 1 Advertisements Column 1
      204 1 TEMPORARY PERMANENT PLACEMENTS 223•3362 Aircraft Schedule 31 KLSE 23 Unit Trusts 22 Commodities 30 Law 14 Weather 31 Company News 3-5 Money Changer Rates 31 World News 8 Cryptic Crossword 31 Money Market 29 World Stock Markets 28 Editorial 10 Regional News 7 Financial News 6 Regional Stock Markets 27
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      4 1 9 See Page 2
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      191 1 MADE IN GERMANY SCHUHE BOUTIQUE #02 28 RAFFLES CITY SHOPPING CTR TEL 33W22* Hock Lock Siew: Brighter prospects for finance and manufacturing, Pg 3 Powermatic offers 10m new shares, Pg 3 I. Ul an^OlieSe ufTet Diners Feel Left At Sea. cban^il^^' I t's hard enough believing Fish fillets in sweet
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  • PAGE 2 NEWS
    • Article
      Lock icon Northwest, KLM get nod to function as one
      428 2 US approval allows both airlines to cooperate in pricing, strategy NYT WASHINGTON In a thrust aimed at opening the skies above the United States and Europe to more international competition, the US Transportation Department on Monday approved a request by Northwest Airlines
      NYT  -  428 words
    • Article
      Land Titles Bill seeks to regulate property transactions
      392 2  -  By Colin Tan THE government is to replace the Land Titles Act with a new Bill in its first major reform to regulate property transactions. Tabled in Parliament on Monday, the Land Titles Bill 1992 will, among other things, give some property
      392 words
    • Article
      Public sector to get three-month bonus
      166 2 SINGAPORE With economic growth turning out well within projections this year, the government will pay public sector employees a variable payment of two months as earlier indicated. This means that, including the 13th month non-pension-able annual allowance, civil servants and statutory board employees will
      166 words
    • Article
      Corrections and clarifications
      66 2 CINCH Microfits has clarified points in BTs Nov 13 article "Consumer electronics cuts back to fight slowdown". It said that it had not stopped manufacturing in Singapore. Cinch Microfits currently manufactures and markets connectors for the commercial computers, industrial, telecommunication, military and aerospace markets. The company said
      66 words
    • Article, Illustration
      BG Lee stresses need to look for more successors
      635 2  -  By Chuang Peck Ming SINGAPORE The need to find people who have what it takes to become Cabinet ministers has again been raised this time by Deputy Prime Minister Lee Hsien Loong, who is being treated for cancer. "People fall ill,
      635 words
    • Article
      Sentosa Dev rakes in $51.7m from sales of golf club membership
      247 2  -  By Kooi Cho Teng SINGAPORE Membership sales of Sentosa Golf Club last year raked in about $51.7 million for Sentosa Development Corporation and was the largest contributor by far to the company's operating income, according to its latest annual
      247 words
    • Article, Illustration
      Bank of America files bankruptcy petition against Colour Touch boss
      298 2  -  Money also owed to other banks and financial institutions By Dawn Tan SINGAPORE Pang Kim Soon, chairman of debtridden Colour Touch (S) Pte Ltd, has been served with a petition of bankruptcy by one of his long list of creditor
      298 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      168 2 AUCTION Wednesday 9th December 1992 at 3pm on site. GUARANTEED RENTAL GROWTH Prime location approx 1 km from Centra) Business District. Qualit y 5 level office building. raSiWPBHwH Secure 10 year lease to Westinghouse Isdaiaflißßße Brake Signal Company (Australia) Ltd. imlayHU BSH 10.25% guaranteed E^SSTSTTI whBIBB sbbbl 1992 $A 587,800,
      168 words
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      Page 2 Advertisements Column 2
      41 2 l I NATIONAL UNIVERSITY OF SINGAPORE Presents A PUBLIC LECTURE H PROFESSOR PAUL BERG Lee Kuan Yew Distinguished Visitor i^b "GENES AND DISEASE: A NEW PERSPECTIVE" |H Dote Wednesday, 18 November 1992 6.00 pm Venue I H ALL WELCOME ADMISSION FREE
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  • COMPANY NEWS 1
    • Article
      Powermatic offers 10m new shares to public
      640 3  -  Another 7m shares placed privately for institutional investors By Teh Hooi Ling SINGAPORE Sesdaq aspirant Powermatic Data Systems yesterday offered 10 million new shares at a price of $0.45 for public subscription. Another seven million shares which were privately placed with OCBC, Alliance,
      640 words
    • Article
      Lum Chang likely to rely more on profits from abroad
      374 3  -  By Lee Han Shih SINGAPORE The Lum Chang group, which started out more than 50 years ago as a Singapore-based contractor, is likely to make most of its profits abroad and from non-construction activities in the next few years. The
      374 words
    • Article
      Lock icon IGB proposing rights issue of TSR loan stocks
      271 3 Bernama KUALA LUMPUR IGB Corporation Bhd is proposing a rights issue of loan stocks with detachable transferable subscription rights to raise funds at a low interest rate. The rights issue comprises M 5233.35 million (*****.3 million) nominal amount of 5 per cent
      Bernama  -  271 words
    • Article
      Lock icon Boustead forecasts M$52m pre-tax profit
      122 3 Bernama KUALA LUMPUR Boustead Holdings Bhd, the plantation, manufacturing and property group, has forecast a consolidated pre-tax profit of M 552.5 million (5534.0 million) for the year ending June 30, 1993. It said the forecast included its own pre-tax profit of M 538.10 million and
      Bernama  -  122 words
    • Article
      Brighter prospects for earnings in finance, manufacturing sectors
      662 3  -  THE HOCK LOCK SIEW COLUMN By S N Vasuki The Singapore economy staged a significant recovery during ;tfie third quarter, renewing hopes that a slowdown has been reversed. Predictably, since the third quarter figures were ;drsclosed last Friday, analysts have been ♦revising
      662 words
    • Article
      Lock icon Berjaya Leisure takes stake in FE Asset
      335 3 Bernama KUALA LUMPUR Berjaya Leisure Bhd has taken a 12.95 per cent share in Far East Asset Bhd's equity for M 546.5 million (5530.1 million) from acquisitions in the open market and subscribing for FE Asset's rights issue. In a statement to the
      Bernama  -  335 words
    • COMPANY BRIEFS
      • Article
        KMP United raises stake in UIC to 22.43pc
        54 3 SINGAPORE KMP United Ventures, a wholly-owned subsidiary of the Indonesian Salim group's KMP Pte Ltd. has acquired an additional 1.92 million United Industrial Corporation (UIC) shares at $0.94 per share. This takes KMP United Ventures' stake in UIC to 22.43 per cent,
        54 words
      • Article
        Seal president joins UE
        52 3 SINGAPORE United Engineers Ltd (UE) yesterday said it had appointed Kong Mun Kwong as group general manager of its construction and property development division, effective Nov 16. Mr Kong. 49. has more than 22 years of industry experience and is the president of the Singapore Contractors'
        52 words
      • Article
        Faber subscribes for Plus shares
        73 3 KUALA LUMPUR Faber Group Bhd said it has subscribed for 100 million new ordinary shares of Msl each in Projek Lebuhraya Utara-Selatan Bhd (Plus). In a statement yesterday, it said that the subscription is pursuant to Plus' non-renounceable rights issue of 200 million new ordinary
        73 words
      • Article
        Land for long term interest: Proton
        75 3 KUALA LUMPUR Pcrusahaan Otomobil Nasional Bhd (Proton) said that its proposed acquisition of industrial land in the Petaling District near here is made in the long-term interest of the company. In recommending its shareholders to vote in favour for the proposed acquisition at its
        75 words
    • Article
      Metroplex clinches M$185m facility
      339 3  -  Guarantee facility to be used for coming loan stock issue By Dawn Tan SINGAPORE Clob-listed Metroplex Bhd has clinched a M$ 185 million (S$ 119.9 million) guarantee facility, which the Malaysian property conglomerate will use to support a coming loan stock issue. Funds for the new
      339 words
    • COMPANY BRIEFS
      • Article
        Taiwan to open stock market to foreigners
        66 4 TAIPEI Taiwan will soon allow foreign individuals to invest in the local stock market as part of a second round of market liberalisations designed to give a boost to flagging share prices, officials said yesterday. The Security and Exchange Commission is finalising details
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      • Article
        Japanese store sales fall again
        84 4 TOKYO Department store sales in Tokyo declined 4.9 per cent in October from the same month last year to 233.78 billion yen (Ss3 billion), falling for the eighth consecutive month, according to a Japan Department Association report released on Monday. The association surveyed 27 outlets
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      • Article
        Atlas attempts to stay afloat
        59 4 MANILA Loss-incurring Atlas Consolidated Mining and Development Corp is diversifying into power generation and trying to sell assets to stay afloat, company officials said yesterday. Atlas, the Philippines' biggest copper-mining firm, plans to form a joint venture to sell excess power from a plant at
        59 words
      • Article
        Nintendo's first-half income up
        62 4 TOKYO Video game maker Nintendo announced yesterday that its net income for the six months ended Sep 30 rose 10.4 per cent to 41.57 billion yen (***** million) from 37.67 billion yen in the same period last year. The company's net sales jumped 13.2 per cent
        62 words
      • Article
        Dainippon-Leica cooperation
        82 4 KYOTO Dainippon Screen Mfg Co, a manufacturer of image-processing machines and electronic products, has reached an agreement with a subsidiary of Leica Holding AG to expand sales of Leica products in Japan, a spokesman for Dainippon Screen said on Monday. Under the agreement, Dainippon Screen will sell liquid
        82 words
      • Article, Illustration
        Taiwan to export stainless steel
        80 4 SEOUL Taiwan looks set to become a net stainless steel exporter in the next five years as output rises, outstripping domestic demand, according to James Chiang Ming Chiou, vice-general manager of Tank Eng Iron Works Co, a major stainless steel producer in the country. Taiwanese
        80 words
    • Article
      Lock icon Telecom NZ lifts profits despite stiff competition
      236 4 Reuter WELLINGTON New Zealand's largest public company, the US-controlled Telecom Corporation of New Zealand (Telecom NZ), yesterday showed it could squeeze out higher profits despite facing fierce competition in the local telephone market. Telecom NZ, controlled by US "baby Bells" Ameritech and Bell
      Reuter  -  236 words
    • Article
      San Miguel opens meat processing plant
      381 4  -  From Al Labita in MANILA FOOD and beverage conglomerate San Miguel Corporation yesterday opened its 600 million peso (5539.6 million) meat processing plant. The plant, located in Cavite City, south of Manila, will process meat-based products using advanced European technology, said San Miguel's chairman
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    • Article
      Lock icon Outlook bleak as rebound in Tokyo bourse fades
      237 4 Reuter TOKYO The sand castle that was the Tokyo stock market's rebound is crumbling away, leaving analysts and investors with little hope and renewed concern about how far the market will fall this time. The key Nikkei average slipped below 16,000 yesterday
      Reuter  -  237 words
    • Article, Illustration
      Indian share issue attracts thousands
      64 4 NEW DELHI Investors filling in application forms outside a New Delhi bank yesterday for allotment of shares by Indian Petrochemicals Corporation Ltd (IPCL), the first state-owned company to offer a public equity issue for 3.20 billion rupees (Ssl92 million). IPCL's equity offer, which is in
      64 words
    • Article
      BIL buying NZ's largest fishing firm for NZ$350m
      464 4  -  By Schutz Lee SINGAPORE Brierley Investments Ltd and its Maori partners are set to buy Sealord Products for NZ$35O million (***** million) a move which will give the Singapore government an indirect stake in New Zealand's largest fishing company. Sealord's present owner,
      464 words
    • Article
      Lock icon Kraft to buy RJR Nabisco's cereal businesses
      425 5 Deal to cost Philip Morris unit USs4som Reuter NEW YORK Philip Morris Cos lnc said on Monday it would buy the US and Canadian ready-to-eat cold cereal businesses of RJR Nabisco Holdings Corp for US$45O million (Ss73B million) in cash. The purchase, by
      Reuter  -  425 words
    • Article
      Lock icon Westinghouse may sell financial services arm
      185 5 UPI PITTSBURGH Westinghouse Electric Corp said it is reviewing the future of its financial services unit, which could include the sale or liquidation of portfolios and the divestiture of one or more of its businesses. The company, which also has holdings in utilities, electronics,
      UPI  -  185 words
    • COMPANY BRIEFS
      • Article
        Plan to form high-tech screen consortium in US
        140 5 WASHINGTON More than a dozen US companies plan ,to propose a partnership with the Defence Department soon to overtake leader Japan in building flat-panel screens, the Washington Post reported. The companies, including Xerox Corp and American Telephone and Telegraph Co, plan to
        140 words
      • Article
        Cautious about recovery
        96 5 TOKYO More than a third of major Japanese firms plan to cut capital investment in fiscal 1993/94, beginning next April, reflecting managers' caution about a domestic economic recovery, said a survey by a financial daily. The survey, by the Nihon Keizai Shimbun, covered 87 manufacturers and 33
        96 words
      • Article, Illustration
        Microsoft's two new products
        110 5 LAS VEGAS Microsoft Corp has launched two new products with the aim of making a strong entry into the specialised database market. "We expect these will be major products for Microsoft," group chairman Bill Gates told a news conference following the unveiling of Access and FoxPro
        110 words
      • Article
        CNN to expand world service
        54 5 LONDON Turner Broadcasting System Inc plans to expand its international television news service, CNN International, in 1993 to cut its dependence on outside programming. CNN International vice-president Peter Vesey said the service, which now goes to 140 countries, aimed to beef up its coverage and
        54 words
      • Article
        More Wal-Mart stores
        57 5 BALTIMORE Wal-Mart Stores Inc will have opened 155 new stores and expanded 91 others by the end of this year, said its executive vice-president Paul Carter. He said WalMart plans to open another 155 stores next year and expand or relocate 100 others. In 1993, Wal-Mart will
        57 words
    • Article
      Lock icon AT&T alliances to open huge new market
      307 5 FT SAN FRANCISCO American Telephone and Telegraph (AT&T) aims to claim a leadership role in what is predicted to become a multi-billion-dollar market for "personal communicators" or hand-held devices that combine the functions of a cellular telephone, facsimile machine and pen-based computer. NEC
      FT  -  307 words
    • Article
      Lock icon Virgin Retail to team up with Blockbuster
      172 5 Reuter LONDON Richard Branson's Virgin Retail Group has set up a joint venture with US home video company Blockbuster Entertainment Corp to develop Virgin Megastores in the US, continental Europe and Australia. Virgin said it will have a 25 per cent equity stake
      Reuter  -  172 words
    • Article
      Lock icon British Steel warns of more job cuts
      360 5 EC urged to support industry restructure, curb unfair imports FT LONDON British Steel has warned that it may have to make further job cuts unless the European Commission supports an orderly restructuring of the European Steel industry and curbs allegedly unfair imports from
      FT  -  360 words
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      183 3 IN THE MARKET PAGES S'pore market rebounds 20 Cnina's stocks stabilising 25 Since 1735 there has never been a quartz Blancpain watch. And there never will be. 1 The ultra-slim watch Expressing the essential. The first masterpiece in the art of watchmaking is portrayed by ideal perfection in the mechanical
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      67 4 THE ORIGINAL CHROMEMATE® 100% Natural may not be aware of it, but the a better supplement. |~~PREp JMYSTERY GIFT! Chrome 3 packaging to Tola] Image Trading Pie Ltd. j diet the healthy way. j The Original A ■■n,, n, m CHROMEMATE' t HSM&M I Occupation: I I Tel: (H) I
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      58 4 Results of tender for taxable book-entry Government Boml "1992 due 15 November 1997 jig to be issued on 19 November 19W|5 Tenor approx. 5 years Amount Offered Allotted *****,000,000 Amount Applied 551,210,539,000 >•*- Interest/Coupon Rate 3.875% p.a. Average Yield Price on Allotment 3.88% p.a. and 99.978% Cut-off Yield and Price
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      206 5 RESEARCH UNITS AT THE SINGAPORE SCIENCE PARK THE CURIE, CHADWICK AND CAVENDISH I j^jPy^ >; sfflHslP"f^. I I (pu /^SBm I* l v v~i- -4' ■£jt/urf i, «K -vffiltf'irtß^ Vtßf- a j I STRATEGIC LOCATION Purposeful proximity to: institutions of higher learning (NUS, NUH) research institutes (IMCB, ISS, ITI) the
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Asean Re plans to open units in region
        101 6 SINGAPORE The Singapore-based Asean Reinsuranee Corporation is planning to set up braneh or representative offices in the Asean region. The Asia Insurance Review, in its latest issue, reports that Asean Re is also exploring the possibility of going into the life reinsurance
        101 words
      • Article
        Nomura to trim operations
        90 6 TOKYO Nomura Securities will shut down offices in Stockholm, Munich and Basel by the end of the year to help cut costs amid a prolonged stock market slump in Japan, the company said on Monday. On Nov 30, the brokerage will close an office in Munich
        90 words
      • Article
        Tokyo banks plan rate cut
        69 6 TOKYO Japanese major city banks are considering a 0.25 percentage point cut in their short-term prime rates in response to recent falls in short-term money market rates, bank officials said yesterday. But the banks will watch money market trends for a while before deciding, they
        69 words
      • Article
        EC compensates UK farmers
        78 6 BRUSSELS The EC on Monday raised minimum agricultural prices for British farmers by 7.5 per cent to compensate them for lost income as a result of the pound's depreciation since September. The new rates take effect tomorrow under a decision taken by the agriculture ministers of
        78 words
      • Article
        New European payments system
        72 6 LONDON Girobank and 13 of its European counterparts have launched an electronic payments system which will carry cross-border payments of their private and business customers, Girobank's senior executive David Barber said yesterday. "Up to 40 million customers of European Giro organisations will benefit from this new
        72 words
      • Article
        Thai bank to open Yangon unit
        62 6 BANGKOK Thailand's government-owned Krung Thai Bank recently received permission from Myanmar to become the first foreign bank to operate there, a bank official said on Monday. Supanwadee Sookmano, chief of Krung Thai's international relations division, said the bank expected to open a branch in
        62 words
      • Article
        Tokyo to issue Euromark bonds
        39 6 TOKYO The Tokyo metropolitan government will issue 380 million marks (*****.6 million) in 10-year Euromark bonds with a coupon of 7.375 per cent, officials said yesterday. Industrial Bank of Japan (Germany) is lead underwriter.
        39 words
    • Article
      TSE, Simex to resume talks on Nikkei futures
      365 6 SINGAPORE The Tokyo Stock Exchange will resume talks with the Singapore International Monetary Exchange here this month to reach an agreement on tighter control of cash and futures trading on the Nikkei stock index. BT understands the new round of talks is
      365 words
    • Article
      Lock icon Trust Act proposal for Labuan under study
      254 6 Bernama KUALA LUMPUR The Registrar of Companies (ROC) is studying the feasibility of an Offshore Trust Act for Labuan, which was declared an offshore financial centre in October 1990. Labuan regional ROC Adnan Mahfar said yesterday that the proposed Act would offer complete
      Bernama  -  254 words
    • Article, Illustration
      DBS Bank keen to expand in Thailand
      430 6  -  Group expected to apply for offshore banking licence Reports by Loh Hui Yin in BANGKOK DBS BANK, which opened a representative office in Bangkok, is keen to do more business such as offshore and corporate banking in Thailand. The bank is widely expected
      430 words
    • Article, Illustration
      Ukrainians take readily to new currency
      51 6 UKRAINE A girl holding some Ukrainian coupons, which have replaced the Russian rouble in the Ukraine. Ukrainian President Leonid Kravchuk announced on Monday that his republic was abandoning the rouble, replacing it with coupons as a stepping stone to the introduction of a new
      51 words
    • Article
      DBS, Tat Lee gain as Thai Danu Bank's profits soar
      343 6 BANGKOK DBS Bank and Tat Lee Bank of Singapore are sitting pretty on their investments in the Thai Danu Bank. Thai Danu Bank's aftertax earnings in just the first nine months of the year was 283.90 million baht, way above
      343 words
    • Article
      Lock icon Chicago's catastrophe insurance contracts
      172 6 Reuter WASHINGTON The world's leading futures exchange won regulatory approval on Monday to trade futures contracts based on losses that insurance companies may suffer from hurricanes, earthquakes, floods, fires and other disasters in the US. The contracts on the Chicago Board of Trade are part of
      Reuter  -  172 words
    • Article
      Lock icon Recession-hit ANZ reveals full-year loss of A$579m
      443 6 Reuter SYDNEY Australia and New Zealand Banking Group yesterday revealed the depths of its recession-inflicted wounds by announcing an A 5579 million (*****.5 million) loss in the year to Sep 30. "This has been an extremely disappointing and unsatisfactory result for all concerned,"
      Reuter  -  443 words
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      79 words
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  • THE REGION
    • Article
      Lock icon Asean gas grid may link with China, Gulf
      343 7 Reuter KUALA LUMPUR The proposed Asean gas grid could eventually be expanded to link China and the Middle East to South-east Asia as the region prepares for an energy Crunch brought on by rapid industrial growth, industry experts said. "I see the
      Reuter  -  343 words
    • Article
      Lock icon Thai prospects still bright: Salomon Bros
      242 7 AFP WASHINGTON The Thai economy has remarkably survived 18 months of political turmoil to become a model for developing countries. the investment firm Salomon Brothers said in a report published on Monday. "Thailand remains one of the most attractive and solid medium-grade sovereign credits,"
      AFP  -  242 words
    • Article, Illustration
      Lock icon Call for UN troops to help facilitate Cambodian polls
      296 7 AFP UNITED NATIONS UN Secretary General Boutros Boutros-Ghali recommended on Monday redeploying UN troops in Cambodia to prevent ceasefire violations and create necessary conditions for elections in May. In a report released on Monday, Mr Boutros-Ghali said the persistent refusal of
      AFP  -  296 words
    • NOTE BOOK
      • Article
        Thailand-EC textile talks fail: report
        56 7 BANGKOK Recent talks on extending a textile agreement tetween Thailand and the European Community (EC) have failed to produce an agreement, it was reported here yesterday. The talks, held last week in Brussels, ended without agreement on the extension of a bilateral trade agreement on
        56 words
      • Article
        Thai politician sues himself
        87 7 6ANGKOK Pro-democracy leader Chalard Vorachat included himself on a list of names, including the current Thai premier and his predecessor, that he submitted on Monday in a civil suit relating to violence during May's protests. "I am duty bound to take legal action against persons whose
        87 words
      • Article, Illustration
        Protest against Suharto's bid
        96 7 JAKARTA More than 50 students demonstrated in the Parliament building yesterday, arguing that President Suharto has been in office too long, has abused his power and should not seek a sixth term. It was the first demonstration in years directly criticising Mr Suharto, who came into
        96 words
      • Article
        Consumer task force for Labuan
        61 7 LABUAN The Ministry of Domestic Trade and Consumer Affairs plans to set up a task force to keep tabs on consumer goods and services here. Chief enforcement officer Khalis Kasim said yesterday the task force would monitor the quality and price of goods and services
        61 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      265 7 "Gold Medal Dishes" Dine on Tasmanian Trout... Marinated Beef Salad... Passion Fruit Timbale... and other prize-winning creations of the renowned Salon Culinaire competition. Now specially presented at Maxim's de Paris to mark our tenth anniversary in Singapore. Dinner at $98++ per person. OZemit J SINGAPORE CmU 73.* HHHH for ranxxitums.
      265 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        China deals with expected rise in labour disputes
        64 8 BEIJING Chinese authorities, which foresee a rise in labour disputes as the economy takes off, plan to revamp the arbitration system to cope with the growing caseload, the official China Daily said. The Ministry of Labour said that last year officials handled
        64 words
      • Article
        EC ministers reject budget changes
        77 8 BRUSSELS European Community budget ministers on Monday resumed their annual game of budgetary ping-pong, rejecting almost all of the European Parliament's additions to the EC's 1993 spending plans. The ministers threw out the parliament's proposal that commitments next year to future spending should jump to
        77 words
      • Article, Illustration
        Israelis protest against offer
        54 8 TEL AVIV Tens of thousands of Israelis protested on Monday in central Tel Aviv against Prime Minister Yitzhak Rabin's willingness to trade part of the disputed Golan Heights in return for peace with arch-foe Syria, as peace talks between Israel and Syria in Washington continue with
        54 words
      • Article
        Ambitious budget for Russia
        53 8 MOSCOW The Russian government on Monday approved an ambitious 1993 budget with a deficit of 4.8 per cent of gross national product and an "anti-crisis programme" of social measures and support for industry. Government spokesman Alexei Ulyukayev said both plans will be sent after adjustments to
        53 words
      • Article
        Big Canadian investment drive
        63 8 OTTAWA Prime Minister Brian Mulroney announced a major public investment drive in telecommunications and transport to stimulate Canada's sluggish economy. Mr Mulroney said his government will not raise taxes to pay for the investments and will present a statement to Parliament in early December on its
        63 words
    • Article
      Lock icon Kohl's solidarity pact may be counter-productive
      616 8 Economic advisers call for budget savings, wage restraint instead FT BONN The government's independent economic advisers on Monday warned Chancellor Helmut Kohl that his planned "solidarity pact" between government, trade unions and employers could prove counter-productive in reviving growth. In a comprehensive and largely
      FT  -  616 words
    • Article, Illustration
      Lock icon UN imposes naval blockade against Yugoslavia
      305 8 Reuter SARAJEVO The United Nations Security Council imposed a naval blockade against Yugoslavia yesterday in an attempt to stop the fighting in Bosnia. The Security Council's move came despite a UN military commander expressing optimism that the worst of the civil war might be
      Reuter  -  305 words
    • Article, Illustration
      Lock icon Got the Monday blues? It may be a heart attack
      538 8 AP NEW ORLEANS Here's another reason to hate Mondays: The risk of a heart attack may be as much as SO per cent greater than on any other day. Not surprisingly, though, this discovery only applies to people who work.
      AP  -  538 words
    • Article
      Lock icon US industrial output up for 1st time in 3 months
      299 8 Reuter WASHINGTON Latest figures for production suggest the US economy may gradually be gaining steam, according to analysts. Production at the nation's factories, mines and utilities rose for the first time in three months in October, the government said in
      Reuter  -  299 words
    • Article
      Lock icon S Korea's desire for unification cools
      181 8 AFP VIENNA Germany's problems with unification are reducing enthusiasm in South Korea for reunification with the North, South Korean Foreign Minister Lee San Ock admitted in an interview published here on Monday However, Seoul still expects the two countries to reunify "before the end
      AFP  -  181 words
  • Page 8 Advertisements
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      62 8 The Leading Corporations... Sony International (S'pore) Ltd The Steamers Group Keppel's Banking ft Financial Servkes Division Geco-Prakla Schlumberger Pte Ltd Arthur Andersen Baxter Healthcare For East Pte Ltd P ft 0 Group of Companies ITC Global Holdings Pte Ltd and their Image of Corporate Efficiency. S-minute woik from t Tanjong
      62 words
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      Page 8 Advertisements Column 2
      140 8 r NEVADA BOB'S* GOLF v=la-\ hrvUlae 7 Jlpwj ImmMHMIBiIMM f YOUR'came full riHlll( PROFESSIONALLY' '18 of Tru# T#m P« f hltt vou DU rchata Graphitt shafts from $3SA yacggggjpM u~u.»i awa, My SJ9S from $59/- *W»Ip7M*I Haldla authorised fitting centre I—-—_^__^iJ PV CADDYMATIC Jh ||H electric trolley *wmkw*silent Tempo Men's
      140 words
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  • Page 9 Advertisements
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      276 9 From This Point 4DD-?bDl bflD2 P*XAOEm*X»Q*MBER a 0 0 ***** 7 6 if ill vHKKI HcKKKH -a ■<1 That's crucial when you need to know specific details, even while your shipment is en route. Call us and we'll give you its current m\ XX IT" <_ status, there and then.
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  • Article
    Succession: a timely reminder
    513 10 EDITORIAL IT IS an inexplicable and unhappy twist of fate that both of Singapore's Deputy Prime Ministers have been diagnosed, within months of each other, as having lymphoma. The nervousness seen in the stock market on Monday, when the rumours of the illnesses were still unconfirmed,
    513 words
  • WHAT THE OTHERS SAY
    • Article
      Hello? Now hear this
      278 10 THE Public Accounts Committee's message to the statutory boards on conspicuous spending is blunt. Refrain from constructing buildings with lavish furnishings and fittings and exercise strict control over employing consultants and overseas travel. The Telecommunication Authority of Singapore is possibly the only statutory body which can
      278 words
    • Article
      Parental responsibility
      84 10 OF LATE, some youths have been involved in gang fights, resulting in serious injury and even death. Some educationists argue that these unfortunate youth display lack of parental care and love. Many come from unstable families. Even with more voluntary efforts such as Youth Challenge, the problem will
      84 words
    • Article
      Focus abroad
      120 10 TO ENABLE Singapore enterprises to contribute to their country's economic development through overseas investment, Singapore must reassess its strengths and weaknesses and the world situation. As SM Lee Kuan Yew pointed out recently, the earnings which South Korea, Taiwan and Hongkong individually amass from overseas ventures are equivalent
      120 words
  • REGIONAL VIEWPOINTS
    • Article
      Avoid a crime of omission
      136 10 IN THE BESIEGED CITY of Sarajevo, where survival is growing more difficult by the hour, the suffering victims sense that their present plight is partly attributed to "politics" the political ditherings. reservations, hesitations and indifference among the powerful nations who fancy themselves as the protectors
      136 words
    • Article
      Support the drug-fighters
      180 10 IN BRITAIN, the United States and other Western countries, assets seized under anti-narcotics laws are pumped back into the fight against drug abuse. Not so in Hongkong. Here, the government channels all the confiscated ill-gotten gains of the drug barons straight into its general revenue account, while
      180 words
    • Article
      Treat workers fairly
      151 10 THE INCIDENCE of labour disputes and strikes in the areas around Jakarta has, indeed, caused some concern among foreign investors. If the disputes are not checked, they may may affect investor interest in the country, especially because such events usually get headline treatment in the mass media.
      151 words
  • Article, Illustration
    Lock icon Heaving a sigh of relief — for now
    881 10  - Heaving a sigh of relief for now Allan Barker looks at how John Major weathered the various political storms of the last few weeks and earned a respite Allan Barker Reuter PRIME Minister John Major admits it has been a traumatic few weeks. He now hopes the worst is over
    Reuter  -  881 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      85 10 (julf Air flies non-stop from Singapore to Whether you choose to fly first, Sydney every Tuesday, Thursday and business or economy, you'll travel in Saturday, and onward to Melbourne. All comfort and style, enjoying our traditional flights depart at 10:00 a.m., arriving in hospitality. Sydney at 8:35 p.m., and in
      85 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      29 10 DOONESBURY GARRY TRUDEAU IT I CHILD CAP£ AT MALIBU. f f NO,} SHAUNA! £Wte i SIUP BOTHERING NO, Y0U1&IN AMY MtSSSnZ&WP, SAM.' 6IVB \SfiM! muff/, FROM TUB- SHAUNA' MR.ISTJBfiMAN
      29 words
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  • ANALYSIS
    • Article, Illustration
      How Laos is run
      1395 11  -  Political power in Laos is controlled by a rigid communist hierarchy that is under fire from anti-communist rebels But the communists are hoping to win the hearts and minds of common Laotians by unshackling the economy, reports Harish Mehta Harish Mehta LAOTIAN strongman Kaysone Phomvihane is
      1,395 words
    • Article
      Lock icon Forging a fresh relationship with a new generation
      716 11  -  Charles Leadbeater finds Tokyo uneasy about the generation change at the top of US politics Charles Leadbeater FT FOR THE past week, a team of 20 top officials from Japan's Ministry of Finance has been hard at work in Washington seeking clues
      FT  -  716 words
  • Page 11 Advertisements
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      58 11 wL KV t mk*m uihuik 1 JHrall v > TaT- St (HBekSEJCF' "i v •&wrlx' fc.'Tffy liv** >y jjfc |ia^^^»A r (l'W^W3y^4^^MajßMßK.y;•••>&- £y/ j -v iffl ■■HW ?&j^r?WP^^'s ■SmP ~'i P^Vt^Tif x s > »J•• ja,'' v>y *v M*- ft ii:• /•s&&■' jdlk < 'gi a*» .'V >t Vii •v^saWw^a^al^yfry^
      58 words
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  • Page 12 Advertisements
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      536 12 Nulluiigßeats ABud. OF J**— (s>afe Qmrusel 24-hour (.ofjrt bou*e GREAT VALUE MEALS Super supper From 11 pmto 4am daiy. a selection of our famous local dshes are available atgn c unbelievable 50% DISCOUNT. W j| Daily Special A wide selection of local food at only ro S 5.30++ per dish.
      536 words
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      Page 12 Advertisements Column 2
      301 12 WHERE TO WINE, DINE... Early Birds enjoy Singapore's only theme karaoke FREE! Come sing at sundown from 6 pm to 8 pm. And pay only 90+ for 12 drinks without having to throw in extra for jom rental. Cover charge is just $15++ (weekdays) and $20++ weekends) which includes 2
      301 words
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      Page 12 Advertisements Column 3
      273 12 i2Kt $100/S«5 nett per person Non iJ)tn«AAi 231K \w $25 nctt per person VT For reservations, please us *****22 or 1 DECEMBER '92 flnN Lions Charity Gala '^T Dinner In Aid of V the Lions Home for j§Sfttp(UM l^e Elders Building Fund 7th law Onvjs I mm Humw CtJhrr Qur
      273 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      694 12 TELEVISION AND RADIO Qlc+Ol- T-M\rr\& SBCI2 Video Mb (Stereo). S»S» BUSINESS ON RAD.oZZ I N LCI V liC 7.25 PM Opening followed by Ja- |-j« ht IBinf1 Bin f Forc Enemy 6.30 Revelation of the Quran. BBC gg 9 mfe m VHF Band II pan Business Today. S 6.45 Insaniah
      694 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Love and loyalty
      793 13  -  Despite many new faces and groups in the hard rock business, Bon Jovi have managed to hold on to tneir fans. Karen Schoemer reports Karen Schoemer NYT JON BON JOVI was one of MTV's faces of the 80s. Underneath a teased fluff of light-brown hair, singing about
      NYT  -  793 words
    • Article
      Lock icon Pursuing fortunes in China
      689 13  -  Michael Kaufman foresees a bright future for a US fortune cookie company about to start operations in the Chinese mainland Michael Kaufman NYT WONTON FOODS, which produces a million fortune cookies a day in New York, has decided that the time is propitious to go east
      NYT  -  689 words
    • Article, Illustration
      Trying times for the Windsors
      535 13 CHATTERBOX WHITHER the beleaguered Windsors? In the past week, the London tabloids have had a field day reporting that: a tape recording has surfaced in which Prince Charles professes his love for his old girlfriend Lady Camilla Parker Bowles: the Princess of Wales spent her
      535 words
  • Page 13 Advertisements
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      170 13 AND ENTERTAIN Spicing It Up Wednesdays are a spicy issue with mouth-watering concoctions like Rendang, Curry Ayam and Sambal Ikan Bakar to tempt your appetite. Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL For reservation*, please call SINGAPORE 732-1222 extension 1700 '«p*rm
      170 words
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      Page 13 Advertisements Column 2
      109 13 &^ieo^g c^m/ors (Established 1933> Lower Lobby, Shangri-La Hotel. Tel: 235 7692 #03-09, Westin Plaza. Raffles City. Tel: 338 0819 Fax: 65-337 3244 An Investment that can even make your accountant smile. One Altona St West Perth Just 55 Metres from Kings Park Road (main artery to CBD) Well leased to
      109 words
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  • THE LAW PAGE
    • Article
      Auditors breathe a sigh of relief
      2228 14  -  Recent decisions of the English courts have tended to restrict auditors' liabilities to third parties. Charles Proctor analyses the implications of these cases Charles Proctor Charles Proctor is the resident partner of Norton Rose, an English and international law firm. EVERYONE understands, at least
      2,228 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      465 14 I Do they work harder? Or just work smarter? ITFS also underscores your company's commitment I" lift Iftl. ft Because when all things are equal, nothing to developing international business. An essential j gives your overseas business a better competitive factor that converts prospects into customers and edge than Singapore
      465 words
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      358 15 Only Mazda's Four Wheel Steering Can Make A Car As Graceful As This, As Graceful As This. >*' I r ;*T sT^ > The Mazda 929's four-wheel steering is absolutely unusual added touch; the mirror surface is electrically the most advanced system available. /ifr heated, so that if it fogs
      358 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Merger activity drying up for Wall St
      1082 16 The sluggish economy has curbed the appetite for junk bonds and takeovers in America. Meanwhile, the revival of the market for initial common stock offerings is mating it more lucrative for companies to issue stock in their divisions than to sell them Bloomberg
      Bloomberg  -  1,082 words
    • Article, Illustration
      Lock icon Taiwan's investment binge in China
      747 17  -  For an increasing number of Taiwanese companies, China has a competitive edge over South-east Asia. Yosahiko Sakurai reports Yosahiko Sakurai Nikkei Weekly MAJOR Taiwanese industrial firms, ignoring official urgings to dampen their enthusiasm, are joining Taiwan's growing wave of corporate investment in China, driven initially
      Nikkei Weekly  -  747 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      95 16 "IP r ET ■L *t<3m ■f* come When far shelter an B I our staff really do go out of their ■fejSMH fc o JMjj^H m way to take care for you a a super else you of. When it comes to service, guests nffim^M say our staff have IN
      95 words
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      Page 16 Advertisements Column 2
      131 16 CERRUTIIBBI SWISS WATCHES SKSS«Ba^y |||llMiMl,l .i v "4lm fl Im S' RITIIBBI JS mim K' JS& I I m jJ -f#i| F1 rune is on my side. Sole Agent Singapore DYNASTY WATCH PTE LTD, 20 Bideford Road, #07-00, Wellington Building, Singapore 0922. Tel: 733 2765 Fax: 235 3097 Malaysia DYNASTY
      131 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      232 17 Take the fast track to the future: THE ERICSSON HOTLINE EH 97. j f:i iitj The Ericsson HotLine EH 97 Handphone is The Only Handphone With Highpacked with so many exciting innovations, fidelity Sound It is built with a pressure it has been hailed as the forerunner of new chamber
      232 words
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  • SPORTS
    • Article, Illustration
      Lock icon Navratilova slices through Slims opener
      638 18 AP NEW YORK Martina Navratilova opened the Virginia Slims Championships with yet another victory, one so convincing that the only question was how many sea-son-ending titles she has won. Navratilova, the fourth seed, sped past Switzerland's Manuela Maleeva-Fragniere 6-2, 6-2 on Monday night to begin
      AP  -  638 words
    • Article
      Lock icon Top players call for change in ATP ranking system
      320 18 AP FRANKFURT Jim Courier's No 1 ranking is on the line and he wants the system changed. So does Stefan Edberg, the No 2. Both have a job for John McEnroe. The two top-ranked tennis players in the world say the
      AP  -  320 words
    • Article
      Lock icon Lewis may have to fight Bruno instead of Bowe
      414 18 AP LONDON Lennox Lewis wants Riddick Bowe. He may have to settle for Frank Bruno. Lewis, the No 1 contender for the world heavyweight title, went to Las Vegas confident that he would fight the winner of the Bowe-Evander Holyfield bout.
      AP  -  414 words
    • SIDE LINES
      • Article
        Jansher tipped to win Super Series
        90 18 LONDON Jansher Khan, the Pakistani who has been dominating the world squash circuit, looks favourite to add another major title to his collection. The 23-year-old world champion from Peshawar has established such a long lead in the points standings that he is almost certain
        90 words
      • Article
        O'Neal's player of the week
        74 18 NEW YORK Shaquille O'Neal of the Orlando Magic, who averaged 25.8 points, 16.4 rebounds and 3.4 blocked shots in his first five games as a professional, was selected on Monday as player of the week in the NBA. The 7-foot-1 centre, the first player taken
        74 words
      • Article
        Do or die
        98 18 PARIS Scotland's campaign to reach a sixth consecutive World Cup finals will lie in tatters tonight if they don't beat Italy in Glasgow. After losing in Switzerland and dropping a point at home to Portugal last month, Andy Roxburgh's men are struggling in fifth place in the
        98 words
      • Article
        Hendry in the lead
        74 18 PRESTON, England World number one Stephen Hendry hit consecutive hundreds but rookie Mark Williams restricted him to a 5-3 lead at the end of the first session in their third round match at the UK championships on Monday. Breaks of 118 and 116 should have provided
        74 words
      • Article
        Two more for Australian Open
        71 18 MELBOURNE Wimbledon finalist Goran Ivanisevic and Olympic Games gold medallist Jennifer Capriati have both confirmed their entries for the 1993 Australian Open, Tennis Australia said yesterday. Ivanisevic won the Australian Indoor championship in Sydney earlier this year. The Croatian, is currently ranked No 4 in
        71 words
      • Article
        NZ tour to continue
        79 18 WELLINGTON The New Zealand cricket tour of Sri Lanka is likely to continue despite a terrorist bomb blast outside the team's hotel. New Zealand Cricket chairman Peter McDermott flew to Sri Lanka yesterday, saying the NZC board was unanimous in its decision the tour should proceed
        79 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      474 18 fISWA RH^ ALLURING AMERICAN ANGUS BEEF November 1-30 It's bred from the Scottish Black Aberdeen Angus Stock, and it's a marvellous cut above the rest. Trader Vic's offers you the best beef, cooked in three different styles. There's BBQ Sirloin Steak garlic flavoured and cooked in our Chinese Smoked Oven,
      474 words
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      Page 18 Advertisements Column 2
      83 18 OPPORTUNITIES IN CHINA For companies interested in investing or trading with China, we and our affiliate in Hong Kong will offer up-to-date and pertinent information, make the right contacts, surmount ail the redtape, find a good local partner (if necessary), etc. Please contact: EUTORY COMPANY PTE LTD Katong P.O. Box
      83 words
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      Page 18 Advertisements Column 3
      327 18 Here's a break from your busy schedule that also pays. $1,000 to be exact Just solve the BIZ WORDS puzzle today and mother one from any other day's Business Times this week. Attach the two days' BIZ WORDS coupons to this Saturday's entry form and the $1,000 cheque could be
      327 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      1069 19 ADVERTISEMENT Starhill Review jjjKlj££'' "TW SIs an excellent course with potential to be one of the best in "I- e re g ion The host has been most gracious and I thoroughly J -Mr LimSiew Chew, President of PGA Singapore, who was invited by Mr Shime, This is a challenging
      1,069 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market regains 19 points as confidence returns
      3979 20  -  By Shoeb Kagda AFTER Monday's jitters, confidence returned to the market yesterday on news that Deputy Prime Ministers Ong Teng Cheong and BG Lee Hsien Loong would not be resigning despite the fact that both had lymphoma, or cancer of the lymphatic system.
      3,979 words
    • Article, Illustration
      Lock icon HOT STOCK
      80 20  -  By Quak Hiang Whai HOTEL Properties may have fallen far enough. The stock was traded as high as $2.28 in June but fell sharply after that. The daily RSI is now around 2S white the daily stochastks have reached zero, signalling a possible short-term correction. Immediate support is
      SOURCE: BRIDGE INFO  -  80 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      43 20 to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., and 1.G.1, diamonds, emeralds J and other gems tones. 1 |<HHHH| y Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax: 737 5138
      43 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3307 21 RISES (S) DBS 1144) 30 2.7% Inchcape 630 t 25 4.1% NatSleel 50« 328 *24 7.9% F&N 1040 t 20 2.0% (X'BC Foreign 1 100 20 t 1.9% OC'BC 855 15 1.8% HOB Foreign 755 15 2.0% Shangri-La 462 f 14 3.1% Jurong tng >0*
    3,307 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      23 21 ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, *01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      23 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3498 22 1 RISES (S) Dunlop Est 580 15 2.7% Gentings 50* 945 E 15 E 1.6% General Corp 76 13 20.6% M1SC Foreign 482 10 2.1% Magnum Corp 50* 680 EI0 4 1.5% Golden Plus H 151 9 6.3% MAA 85 8 E 10.4% Shell 428
    3,498 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      258 22 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF COLLIERS GOH TAN PROPERTY MANAGEMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN (hat pursuant to Section 308 (I) and (2) of
      258 words
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      Page 22 Advertisements Column 2
      298 22 LOST SHARE CERTIFICATES The following Share Certificates/ together with the relevant signed transfer deeds have been reported lost or destroy ed:GENERAL SECURITIES INVESTMENTS LIMITED Certificate No. In the name of No. of Shares *010/999 Radhakrishnan Menon I x 1000 ******78 —do— 1 x 100 HONG FOK CORPORATION LIMITED *****8 S
      298 words
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      Page 22 Advertisements Column 3
      80 22 REGIONAL PROJECT CONSULTANTS PTE. LTD. (LN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL GENERAL MEETING NOTICE is hereby given pursuai to Section 308 (1) (2) of th Companies Act, Cap. SO, that Final Meeting of the Company wi be held at 101 Upper Craas Stra #04-43 People's rark Centre, Sir gapore
      80 words
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      Page 22 Advertisements Column 4
      348 22 IN THE MATTER Or THE COMPANIES ACT, CAP JO AND IN THE MATTER OF MATT CONSULTANT PTE LTD (IN VOLUNTARY LIQUIDATION) Alan Extraordinary General Meeting of the membtn of Mis Cocsihim Ptt Ltd duly convene and held on 16 November 1992 10.00 at 1-2-2-1400 KitsKb, Oaaka, 530 Japan, the following
      348 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Second liners lose ground in cautious trading
      5478 23 Bernama SHARES ended lower in cautious trading yesterday following losses in mostly seeond liners as a lack of interest dulled trading activity. The KLSE Composite Index fell 4.35 points to 641.90 while the Industrial Index dropped 9.32 points to 1.1 15.00 and the
      Bernama  -  5,478 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      290 24 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) Sateras Res Nov 13 Mar 92 M$2.111l($3,3.881) Pente» Nov 11 Jun 92 $641($1.261) 15(29) 5TE(6Tt) Choc Prod Nov 9 Jun 92 M$4 439e($4.447e) 5(5) 10(10) PIDevHWgs Nov 9 )un 92 M$2764($2,2451) 1
      290 words
    • Article
      PRELIMINARY RESULTS
      123 24 Company Oat. Year Group Mat Nat earning* Gross ann to profit/loss par share dividend (•000) (cents) NS T Nov 16 Aug 92 MJ96.034(S82,007) 38(31) 20(10) Kemayan Nov 16 May 92 M$23,461L(J457l) -<-) 3(1.5) A1SB Nov 14 iun 92 MJ334L($11,495) -(22.4) 5(12) Fabef Nov 2 Jun 92 MJ33,305(MW2.435) 39(86)
      123 words
    • Article
      INTERIM RESULTS
      144 24 Company Date Half-year Group Net I" 1 1 ann to profit/loss dividend (•000) General Corp Nov 13 Jul 92 M$2,378($2.822) Cbem Ind Nov 10 Sep 92 $3,315($3.549) J Cement Nov 9 Sep 92 $5,875(55,740) Malayawata Nov 7 Sep 92 M$25.552($25,800) 5(2 5TE) Rothmans M Nov 2 Sep 92
      144 words
    • Article
      RESULTS FORECAST
      166 24 Mm bard Last Ful Year Forecast Bate Net Hatha* EPS ancd Tear EPS Gross profit Hinge Rage Cmw Hnti last jr end«g (eh) dhr (SJ«) <«&) Mat* Pile F Nov 18 Dec 92 1.8 1.5 4,925 4.5-7.5 1.2—2.0 Tkws Prt F Nov 22 Aug 92 29 5 10.0
      166 words
    • Article
      OTHER RESULTS DUE
      550 24 Man Board list M Year Cim Pfriad Date tar EK Cms tej anowctd eofag (cts) 4* m«t last r» EDS Final Nov 6 Jul 91 30TE 17 8781 Ktas Interim Sep 10 Dec 92 5.3 Ml M* CP Batteries Interim Nov 11 Mar 93 413 118TE 13.952
      550 words
    • Article
      DIVIDENDS ANNOUNCED
      781 24 Current Ex Books Date Total tar Total far payment date dose payable the year last yoar MS8 51(b) Jan 8 Jan 22 Jan 29 5% 121 And Steel 50c 121(b) Nov 19 Dec 3 Jan 2 12% Ant ah Hdjs 50c 61(b) Dec 1 Dec 15 Dec 24
      781 words
    • Article
      APPROVED ISSUES
      443 24 Company Rights Issue Guthrw GTS One tor one (p. $023 per share Ex-date: Nov 26 Books dose: Dec 8 Acceptance Payment NYA 0C8C One tot five fe S3 00 pet local share One tor live <a $4 19 pet fore«n share ExcJate Oct 8 Books dose: Oct 20
      443 words
    • Article
      CORPORATE DEVELOPMENTS
      751 24 Nov 12 Yeo Hap Seng Ltd plans to buy a warehouse and office site in Jurong tor $14.35 m to expand its warehousing capacity. 5 Goldtron Ltd has sold two-thirds of its stake in Heshe Holdings to Fret b Capital Cora. Nov 11 Aiance Tech will make a
      751 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      688 24 Trans Registered Substantial Buy/ Mo. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before After •mi 19/11/09 Qtroat Wimpc Temasek HoWines *B 100.000 138.090 182.342.481 38 95 182.445,481 38 97 JL.Com SS -B 50 000 310.925 156.451.001 35 11 156.501.001 35.11 M* 2 92 S Group
      688 words
    • Article
      PROPOSED ISSUES
      425 24 Company Rights Issue Wanee Tedi Onetw one SI 00 pet share Amal Steel One for three «n MJ2 20 pec share Issue ot *****m 50% Cumulative Redeemable Preference shares ot 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscription Rights (TSR) tor an aggregate price ot
      425 words
    • Article
      COMPANY MEETINGS
      207 24 krone Enfineermg Ltd: EGM at 25 Taniung Klmg Road. Singapore 2262, on Thursday, November 19. at 10.00 am Sun Corporation Ltd; EGM at 252 Tembeling Road. #02-07. Tembeling Centre. Singapore 1542, on Monday. November 23, at 11.00 am Uniphone Telecommunications Bhd. EGM at the registered office. 10 Jalan
      207 words
    • Article
      SCRIPLESS CONVERSIONS
      145 24 Conversion Special Trd* Scripless Conversion deadline Period (reding Company starts (I DP) (ST) starts Bonvests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Chemical Ind Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Guthrie GTS Jan 5 Jan 26 Jan 13 Jan 26 Jan
      145 words
    • Article
      RECORD HIGHS & LOWS
      143 24 RECORD HIGHS LOWS PT rrtmrvtcrto \miar ST IndUStfUlS lnd«X BT Composite Index 1M592 (27/1 /92) 1992 1316 68 (21/2/92) 1W2 *****5 (18/8/92) 1992 tar 1122.50 (18/8/92) lM1 1565M (3/6/91) 1991 lad* 1333.08 (3/6/91) mi ll49 08 (16/1/91) 1991 tar. 1022.52 (16/1/91) 1W0 1607.12 27/3/90) 1990 Ndr. U3543 (16/7/90) 1M0 1079.50
      143 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      319 24 In local cimt In S$ US$ dy yr dy Syt dy yr No v 16 Index chy chy chy chge chgt chgt World 378.6 -0 5 -7.3 -0 8 -9.5 -1.0 -10.4 439 7 -0 7 -12.4 -1.3 -8.9 -1.5 -9.8 AFE If!, 4)3 |2
      319 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Stocks stabilising, A shares still weak
      419 25 Reuter CHINA'S stock slump stabilised yesterday, although *A" shares remained weak. The Credit Lyonnais CLSA All China Index dropped 1.9 per cent to close at 1,444.46, after plummeting 7.7 per cent on Monday, while the China *B' Index edged down 0.11 per cent. Shenzhen
      Reuter  -  419 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Confidence returning to banking counters
      954 25 STOCKS ended little changed in fairly active trade after hanking shares recovered from a shock, brokers said. They said local sentiment was bullish on the banking sector and foreign interest was limited in a few favourite shares after private bank PT Bank Summa was suspended
      954 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Losses of major issues pull index lower
      2154 25 Reuter STOCKS traded mixed yesterday but the losses of major property issues pulled the index to a lower close. Trade was very thin as investors were concerned whether exchange authorities would come up with any measures to control finance firms' lending to stock
      Reuter; Source: Bridge Info  -  2,154 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      53 25 IIfUHMIH IHMIfUIWf AIIT '111 111 MA II II I lI■I I I I 111 II I I Hnd out I I■ I I HI I H I I I r I I| I IHI VIII Personal Investment and Finance. 111 I I I 111 111 I 1 I Every Saturday
      53 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei falls below 16,000
      2556 26 Reuter STOCKS extended their losing streak and the Nikkei average elosed down 169.51 points or 1.05 per cent to 15.993.48. The Nikkei's first close below I6,(XX) since Aug 20 followed a squeeze on prices by futures-linked sell programs, brokers said. An estimated 200 million shares were
      Reuter  -  2,556 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares plunge with new Chinese threat
      2530 26 Reuter STOCKS finished sharply lower with the blue chip Hang Seng Index taking a nosedive to 6,088.52, down 206.31 points, or 3.28 per cent. Waves of panicky selling, triggered by a veiled threat issued in London by Chinese Vice-Premier Zhu Rongji, dragged the index
      Reuter  -  2,530 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bargain hunting halts seven-day fall in market
      2070 27 Reuter BARGAIN hunters broke the Australian share market's seven-day fall yesterday with stock prices ending higher and the futures market at a premium to the physical. Despite falls in the US and London overnight, the market climbed from the open to make gains
      Reuter; Source: Bridge Info  -  2,070 words
  • REGIONAL STOCK MARKETS
    • Telecom Corp results spur NZ market
      • Article
        NEW ZEALAND
        322 27 A BETTER than expected first halt result from Telecom Corp in the morning set the session tone for the New Zealand share market yesterday. The NZSE-40 Capital Index ended up 9.46 at 1,418.97 on quite heavy volume of NZ524.9 million. "It wasn't a bad day," said ANZ McCaughan's
        322 words
      • Article
        MANILA
        564 27 THE ABSENCE of fresh developments caused prices to fall across the board as investors waited on the sidelines for any positive news that could boost the stagnant market yesterday. The Manila Stock Exchange Composite Index shed 15.34 points to close at 1,324.23. "True to form, the market was down.
        564 words
      • Article
        TAIPEI
        483 27 STOCKS reversed early gains to end slightly lower as investor confidence remained weak yesterday, brokers said. They expected sluggish trade to continue. The Weighted Index slipped 4.73 points to end at 3,583.71. Turnover remained very thin at NT$5.3B billion against Monday's NT$5.B5 billion. Sentiment was buoyed slightly by news
        483 words
      • Article
        SEOUL
        696 27 SHARE prices bounced back sharply in increased trading on the Korea Stock Exchange yesterday. The Composite Index of the exchange surged 14.78 points to close at 631.42, largely recovering a 15.64-point setback registered in the previous session. Advances outpaced declines 596 to 185. Volume increased to 34,900,000 shares posting
        696 words
      • Article
        BOMBAY
        116 27 BOMBAY Stock Exchange brokers said they boycotted trading yesterday in protest against registration fees demanded by the main regulatory agency. "We've been asked to pay fees that are based on our estimated turnover in the current (financial) year," said Ajay Doshi of brokerage Z E Sodawaterwala. The Securities and
        116 words
      • Article
        Untitled
        49 27 Clear Previous No* 17 NEW ZEALAND NZSE-40 Capital 1.418.97 1.409.51 +9.46 MANILA Composite Index 1.324.23 1,339.57 -15.34 Turnover (mil pesos) 168.60 152.27 +16.33 TAIPEI Weighted Price Index 3.583.71 3.588.44 -4.73 Turnover (NTS billion) 5.38 5.85 -0.47 SEOUL Composite Stock Index 631.42 616.64 +14.78 Turnover (billion won) 440.9 370.68 70.22
        49 words
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  • WORLD STOCK MARKETS
    • US stocks sharply lower on index slide
      • Article
        Untitled
        299 28 Nov 16 C'liw l*ri»i<ars NEW YORK IXto Jones 3.206 3.233.03 -27.03 S&P500 420.6* 422.43 -1.75 lurnoxcr (million) 173 I**2.«#5 -19.95 LONDON HSfc 100 2.679.6 2.617.5 -17.9 Tuinovcr (nullum) 434.1 616.X -182.7 FRANKFURT DAX Index 1.546.95 1.54* 52 -1.57 AMSTERDAM fcOfc Index 280.63 279.87 0.76 PARIS CM. -40 1.772.73 1.796.80 -24.07
        299 words
      • Article, Illustration
        NEW YORK
        1179 28 A 2 PER CENT slide in the transportation index on Monday led by a selloff in airline shares and profittaking on reeent market gains brought Wall Street stocks to a sharply lower finish. The Dow ended down 0.8 per cent or 27 points to 3,206 as selling intensified
        1,179 words
      • Article
        FRANKFURT
        333 28 SHARES ended a roller-coaster session mixed on Monday, but surprisingly resilient as an expected consolidation was blocked by bulls engaged in selective buying. The 30-sharc DAX index, which had climbed 4.1 per cent last week, ended 1.57 points lower at 1,546.95. The DAX fluctuated in a wide band between
        333 words
      • Article, Illustration
        LONDON
        774 28 SHARES ended the first session on Monday of a new account with modest losses as earnings downgrades and dividend payment worries provided investors with an opportunity to take profits after recent sharp gains, dealers said. Equities traded in negative territory throughout the session as adverse weekend press comment on,
        774 words
      • Article
        AMSTERDAM
        316 28 SHARES ended a listless session firmer on Monday on dollar strength and after getting an uptick from better-than-ex-pected Dutch producer prices for September. Dutch producer prices fell 1.5 per cent on the year in September and they were 0.2 per cent lower on the previous month. The EOE index
        316 words
      • Article
        PARIS
        157 28 STOCKS closed lower on Monday, with the index weighed by Michclin and Suez, which came of!" sharply after releasing nine-month sales figures, traders said. The CAC 40 index of blue chip French stocks closed down 1.34 per cent at 1.772.73 points. Volume totalled 1.7 billion French francs, compared with
        157 words
      • Article
        ZURICH
        256 28 SHARES ended a quiet session lower on Monday after weekend polls showed that the Swiss electorate was likely to reject membership of the European Economic Area (EEA) at a referendum on Dec 6, dealers said. Volume was thin. Most sellers were professional traders, while retail clients were sidelined. The
        256 words
      • Article
        BRUSSELS
        237 28 SHARES ended on a weak note on renewed pessimism that Germany was not yet prepared to cut interest rates. Dealers also said that a lack of fresh news had made for a day of sluggish trade with below average volumes. The Bel-20 Index of leading shares closed above its
        237 words
      • Article
        STOCKHOLM
        165 28 FORESTRY firms pushed Swedish shares to a higher finish on Monday after a day of volatile trade. Forestry firms, one of Sweden's major exporters, jumped up on a stronger dollar. The All-Share Index rose 0.75 per eent to 722.98. while the Top-16 index was up 1.57 per cent at
        165 words
      • Article
        JOHANNESBURG
        338 28 SHARE prices turned weaker on Monday on what dealers said was lack of follow-through support from the morning's strong undertones. Lower than expected results from industrial holdings group Barlow Rand (XYSZ) also hit sentiment. The All-Share Index closed two points down at 3.039. Industrial Index sheds six points to
        338 words
      • Article
        TORONTO
        340 28 STOCKS ended sharply weaker on Monday, pressured by a steep rise in Canadian prime rates which sidelined many players and sent ripples through Canada's stock, bond and currency markets, dealers said. "The story is the prime hike and our currency," one trader said. The TSE-300 Composite Index ended down
        340 words
  • Page 28 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends softer after large sell orders erode early gains
      1172 29 REPORTS THE US DOLLAR ended softer against the yen yesterday but firmer against the mark after persistent profit-taking and large-scale corporate sell orders eroded its early gains. "Dollar sentiment is still bullish, but corporate selling orders looked fairly heavy during
      1,172 words
    • Article
      Lock icon Canada seeks to protect slumping currency
      302 29 FT TORONTO A burst of gloomy reports on Canada's economic prospects has sent the Canadian dollar reeling, forced interest rates higher and raised fresh concern about the sputtering business recovery. The Canadian dollar sank by almost half a US cent in early trading on
      FT  -  302 words
    • Article
      FINANCIAL FUTURES
      1516 29 SIMEX EUWOPOHAW Open High Low Sett Est Vol Act/Vol Op/int Dec 92 95.96 95.97 95.90 95.97 ***** ***** ***** Mar 93 96.05 96.09 96.02 96.09 ***** ***** ***** Jun 93 95.67 95.71 95.63 95.70 ***** ***** ***** Sep 93 95.24 95.30 95.22 95.27 5000 3469 4269 Dec 93
      1,516 words
    • Article
      INTERBANK FOREX RATES
      397 29 Cross rates Nov 17 USS SS MS Dm Yen SFr AS NZS USS 1.6385 2.5250 1.5935 124.85 0.6562 1.4390 1.4556 1.9194 SS 0.6103 1.5410 0.9725 76.1977 0.4005 0.8782 0.8884 1.1714 MS 0.3960 0.65 0.6311 49.4455 0.2599 0.5699 0.5765 0.7602 Dm 0.6275 1.0282 1.5846 78.35 0.4118 0.9030 0.9135
      397 words
    • Article
      MONEY MARKET
      591 29 Interbank rates SS Bid Offer Overnight I 3/8 1 1/2 1-month I 11/16 1 13/16 2-month 2 2 1/8 3-month 2 1/8 2 1/4 Overnight mode: 1-7/16 LSS Bid Offer 7 days 3 3/16 3 5/16 1 month 3 1/4 3 3/8 2 months 4 1/16 4 3/16
      591 words
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  • COMMODITIES
    • Article
      Lock icon Oil prices expected to fall further
      336 30 IHT LONDON With producers pumping more oil than world markets can absorb, prices are likely to continue dropping, industry analysts said on Monday. "Things look pretty disastrous at the moment," said Gary Ross, a New Yorkbased oil industry forecaster. Much attention will focus on
      IHT  -  336 words
    • Article
      Lock icon New environmental rules set to hit US oil refiners
      286 30 Reuter LONDON Stricter environmental controls in the US will lead to the closure of marginal refineries, with one million to two million barrels of US refining capacity lost by the end of the century or earlier, oil executives said. Ashland Oil
      Reuter  -  286 words
    • Article
      KL tin price slumps on poor buying support
      755 30 REPORTS THE PRICE of tin retreated further by another eight sen to MS 14.28 per kg on the Kuala Lumpur Tin Market yesterday. The metal remained dampened by poor buying support in the absence of fresh overseas leads and other encouraging factors,
      755 words
  • Article
    PRICES
    1547 30 Rubber RAS Commodity Exchange (futures closing as at 1pm) MS (physical prkw) RSS1 Contract (S cents/kg) Buyers Sellers 77 As at 12 noon (S ccntvkg) Close Volume Open Month High Low Sett (tonnes) Interest rss 2 Dcc 92 142.00 143 00N Dec 9 1 146 25 146 00 146.25
    1,547 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1178 30 _B_U_S_J NESS TIMES Toll lr>e TM No 737 0Q43 Fax No: 734 3606 NOTICE To the holders of the U.S. $200,000,000 Floating Rate Notes Due 1997 of: BANK OF CHINA (Zhongguo Yinhang) 410 Fuchengmennei Dajie Beijing People's Republic of China We hereby certify that the rate of interest payable on
      1,178 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1215 31 Oty Flight ETA Flight ETO Ctty Flight ETA Flight ETD Aha DfcaM GA983 1100 GA974 0040 SQI03 0950 MH604 0740 Mtlahlt S0227 2230 MH605 1020 SQ104 0830 oTiao SQ105 1050 MH670 0950 1 RJ182 1440 MH642 1220 SQ106 1045 AmtantaM KL838 0040 SQ109 1405 SQ108 1145
    1,215 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Militant attacks hit Luxor's tourism
      564 31  -  POSTCARD FROM LUXOR By Samia Nakhoul Muslim militant attacks are scaring foreigners away from Luxor, site of some of Egypt's most magnificent temples and tombs, and ordinary Egyptians who depend on tourism for a living are angry and frustrated. Boatmen on hundreds of feluccas and
      564 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1227 1.1385 Canadian dollar 1.2735 1.2992 NZ dollar 0.8446 0.8620 Sterling pound 2.4848 2.5200 US dollar 1.6340 1.6420 Local dollars to 100 units of foreign currenc) Austrian schilling 14.50
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      74 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Dec 26- Valencia Valencia. Fena Muestrano *****6 11.00 Jan 7-10 London j*ris Court. Nat,onalI Boat 078<M***** Jan 3. International Spam Internaconal Intentional Umdon Sho>., Meadlakc 1993 Trade Fair De Valencia Boat Show Thorpe Lea Road Jan 7-10
      74 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We know Europe from (tart to Pinrdeh.
      41 words
    • Advertisement
      Page 31 Advertisements Column 2
      15 31 The ISJSSffi If offers Bp the most F current ■FlUto/job Dp opportunities avuiiuble* I I
      15 words
    • Advertisement
      Page 31 Advertisements Column 3
      163 31 TERRACE otuc6 tfc&f r High profile, top of the terrace investment opportunity with enormous potential. Unsurpassed elevated outlook and location, with expansive views in all directions. Superior standard of construction and finish over 8 levels. 115 undercover car spaces (one of the best ratios in the CBD). Site area 3l4ssqm.
      163 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      293 31 1 Make a detour to buried in the earth (2,5) s vation Army get catholic ~"Hh" THl HH backing first (7) for an outstanding cast 10 A professional position 11 A very quiet London bor- H ough is 12 Rhino needs sodium salt enough fort a small H|| Hj| goverment
      293 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      151 31 Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 31.0 Assoc humidity 71% Minimum temperature 23.9 Assoc humidity 98% Hours of sunshine 4.55 Rainfall in mm 10.5 Rainfall this month 392.1 Rainy days this month 12 World report Asia-Pacific Hi/Lo* Cond. Bangkok 31/22 Clear Beijing 12/02 Clear
      151 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      8 31 iimkijmihnWA hrmo>*»g f rmTVAKT-mjßs-TNN Wr0809 AMOCIATCO NfWtfAKM LTD,
      8 words
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  • Article
    Lock icon US, Gatt officials see progress in trade talks
    375 32 But US wants EC farm row resolved before global accord Reuter, IHT WASHINGTON US and world trade officials cited progress in day-long global trade talks but the US side stood firm in saying its farm row with Europe had to be resolved
    Reuter,; IHT  -  375 words
  • Article, Illustration
    Lock icon Manila keen on investment guarantee pact
    173 32  -  From Amy Balan in MANILA THE PHILIPPINES is keen to conclude a bilateral investment guarantee agreement with Singapore under the auspices of the Asean Investment Guarantee Agreement. Philippine President Fidel Ramos, in a private meeting with Senior Minister Lee Kuan Yew last night, sought
    Photo by Dominic Wong  -  173 words
  • Article
    Lock icon Keating calls for stronger US-Japan trade ties
    200 32 AFP, UPI PERTH Australia's Prime Minister Paul Keating yesterday called on Asia-Pacific nations not to set up trading relationships that could divide the region into either anti-American or anti-Japa-nese factions. He also called for greater interdependence between Japan and the United States in
    AFP,; UPI  -  200 words
  • Article
    Lock icon Indonesia, Australia agree on trade, but not nuclear research
    307 32 Reuter, AP JAKARTA Indonesia and Australia yesterday signed four accords to promote trade and investment but did not reach agreement on sharing nuclear research. The two sides agreed at the two-day inaugural meeting of the ministerial forum to protect copyrights, step
    Reuter,; AP  -  307 words
  • Article
    Lock icon Major widens Iraqgate arms probe
    198 32 Reuter LONDON Prime Minister John Major, acting to defuse the most serious scandal ever to beset his government, has given a senior judge sweeping powers to probe how Britain helped to arm Iraqi President Saddam Hussein. As the opposition Labour Party sought to lay the
    Reuter  -  198 words
  • Article
    Lock icon Germany's SPD backs tighter asylum laws
    183 32 Reuter BONN Germany's opposition Social Democrats (SPD). in a major policy shift, have backed tougher laws on political asylum to stem an uncontrolled wave of immigration. The SPD decided at an extraordinary congress, which opened on Monday, to scrap its long-time support for Europe's
    Reuter  -  183 words
  • Article, Illustration
    Global finance needs a two-tier policing system
    847 32  -  The Bottom Line RAY HEATH RAY HEATH The writer is a London-based journalist who contributed this commentary to BT THE mushrooming of new financial markets and the constant launch of new products by international players have brought regulation back to the top of
    847 words
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      182 32 I Every Saturday in Business Times SINTAT DELIVERS ON TIME 0R... THE CAR FREE FOR THE DAY. Sintat understands how important time is for businessmen. If we deliver late, we know it can be costly for you. So now, if you book a Sintat car to be delivered at a
      182 words
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      Page 32 Advertisements Column 2
      278 32 UU.1IIIC33 1 I III V .1, TT ymiVJUWJ w ■:•<<*•>>>> Every Saturday in Business Times Singapore Citizens fflf'wj Working Abroad As local companies expand and multinationals based in Singapore seek to secure regional and global markets, the need for the mobilisation of key staff and personnel is increasingly important. More
      278 words
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  • Shipping Times
    • Article
      Tsuneishi plans US$35m industrial complex in Cebu
      389 33  -  From Al Labita in Manila MANILA Japanese shipbuilding giant Tsuneishi Co Ltd is pushing through its plan to set up a US$35 million (Sss7 million) industrial and shipyard complex in the central Philippine province of Cebu. The firm's decision came after it recently
      389 words
    • Article, Illustration
      Lock icon Protectionism will bring only short-term benefits
      482 33  -  What kind of shipping policy will President Clinton pursue? Fred Winkler wonders Fred Winkler International Transport Jour BASLE Even if the election of Bill Clinton as the 42nd President of the United States looks like a new beginning, it cannot be realistically expected to
      International Transport Jour  -  482 words
    • Article
      Moller Group orders two feederships from Japan
      489 33 LONDON The Moller Group has extended its feedership development programme with a new order contract. The latest deal revives the organisation's link with Tsuneishi Shipbuilding of Japan, and calls for a pair of geared vessels of around 1,325 twenty equivalent units (TEUs) capacity.
      489 words
    • Article
      Lock icon Evergreen surveys China market
      164 33 Reuter TAIPEI Taiwan's Evergreen group, one of the world's largest container shipping operators, said on Monday it had sent two senior executives to China to survey its shipping market. An Evergreen official said the executives returned in September from a two-week tour of ports in Shanghai,
      Reuter  -  164 words
    • LOG BOOK
      • Article
        Japanese airline unions may go on strike
        96 34 TOKYO Labour unions of Japan Airlines Co (JAL), Japan Air System Co (JAS) and Air Nippon Co threatened strike action this week if winter bonus negotiations with management collapse, union officials said yesterday. Negotiations entered their final stage yesterday. JAL union could strike
        96 words
      • Article
        GPA seeks to restructure debt
        85 34 LONDON GPA Group pic, the world's largest aircraft leasing concern, hopes to persuade its bankers to restructure some US$2.7 billion (554.3 billion) in debt, The Wall Street Journal reported on Monday. GPA has run into problems amid a serious slump in the airline industry, which
        85 words
      • Article, Illustration
        In favour of merger, not aid
        41 34 VANCOUVER Air Canada employees gathered inside an Air Canada hangar here on Monday to protest against possible government aid to financially strapped Canadian Airlines. Air Canada employees favour a merger between the two competing airlines.
        41 words
      • Article
        Melbourne's tug crews on strike
        66 34 LONDON Tug crews at Melbourne began a 24-hour strike from midnight local time on Monday until midnight local time, according to Lloyd's Intelligence. The stoppage was called to protest against the Victorian state government's new work-care and industrial legislation. There were also strong rumours that
        66 words
      • Article
        Bergesen borrows US$250m
        68 34 LONDON Bergesen, a Norwegian shipping and transport company, is borrowing US$25O million (Ss4oo million) for five years, said co-arranger J P Morgan. The facility carries a borrowing margin of 60 basis points over the London Interbank Offered Rate (Libor) and has largely been placed among the five
        68 words
    • Article, Illustration
      Lock icon Moller wields the axe
      1083 34  -  Market slumps and rates disarray have forced the Danish shipping and offshore giant to ditch its paternalistic philosophy, reports Sean Moloney Sean Moloney Lloyd's List The decision to axe nearly 50 jobs at the AP Moller Group's Copenhagen headquarters was the latest in a series of
      Lloyd's List  -  1,083 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1187 34 Page Col ABC Containerize 12 I Accord Group 8 1-3 Ahrenkicl Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 S ASCL 5 5 ASXCLShpg 15 2 Austorient
      1,187 words
    • Article
      THE SHIPPING GUIDE
      9009 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. LEGEND PN: ship calls at Penang after
      9,009 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        469 49 to* Voy Mb Birth km* DepHit VwmI Voy Nd Birth MaI Dortw Jurong Port Als Mary 20W8 P06 17.11/1900 18.11/0500 Asa Venture 01/92 J7 alongside 18.11/2300 Baeteabong 01/92 P04 17 11/2300 21.11/0600 Central 30 M/5 atongs«le 18.11/1100 Brasta® 1 A39/92 P05 17.11/1500 1811/0600 Oong Wei CPC1A Jll
        469 words
      • Article
        MALAYSIAN PORTS
        211 49 Pju f KHWHx rOTX Berth 1: nil; 2: Lufiang: 3: Su Yang; 4: Kaprtan Shevchenko; 5: Crane; 6: nil. 01 jotty: Cape. Sua. DCfc Ruby, Kyokuei Maru No 2. Due on Nov 17: Global Ceres. Bakri Adventure. Petego Iso, Bunga Bo tang, Kota Machan. Due on Nov IS:
        211 words
      • Article
        CONTAINER SCHEDULES
        1389 49 PC LIVERY Of FCL IMPORT CONTAINERS IN PROGRESS SNp Voy Wo Containers ntUbk Voy No Cawtatwn avifabt* Anes 9293 16.1192 0705 Shenton 07E COO(EST) 17.11.92 1500 Huashunhe 36W 16.1192 0800 T«ef Speed 230N COO(EST) 17.11.92 1500 Permai I 28-128 16.11.92 0810 C D Trieste 938 COD(EST) 17.11.92 1500
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    • Article
      DAILY FREIGHTS
      1237 50 BRISK chartering activity in the grain sector worldwide boosted dry cargo freight rates across the hoard, brokers said on Monday. The Baltic Freight Index (BF1). which rose 45 points last week, was marked up by a further eight points to 1,188 amid a flurry of fixtures. "It's probably
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      WEEKLY FREIGHTS
      307 50 PRICES rose strongly in the freight shipping market last week, shrugging off the bearish implications of the Canadian decision, announced on Tuesday, to suspend grain credit to Russia. The market indicator, the Baltic Freight Index (BFI), rose by! 45 points from the figure the previous week to close
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    • Article, Illustration
      HK urged to address air express needs at new airport
      452 52  -  By Juliette Walker SINGAPORE Hongkong risks losing its position as Asia's leading air express hub if it docs not develop dedicated express facilities at the proposed Chek Lap Kok airport, say two major international express firms. DHL International and United
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    • Article
      Lock icon BAe's woes: a sign of the times?
      426 52 AP HATFIELD, England The stubby four-engine jets that take off and land on the field behind the British Aerospace (BAe) plant here were supposed to represent the future of British manufacturing. But they could become part of Britain's manufacturing past, along with ships,
      AP  -  426 words
    • Article
      Lock icon Paris ignores Bonn fears over fighter sale to Taipei
      170 52 NYT PARIS France has brushed aside German concerns about an Airbus deal with China in order to sell Mirage fighter-bombers worth US$2.5 billion (SS4.I billion) to Taiwan, officials said on Monday. The French deal expected to be signed on Friday could
      NYT  -  170 words
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      352 33 Hongkong urged to address air express needs at new airport, Back Page A iLM/L I Cjlllp Mpptg I J The 2nd International SmppiNG Law Conference J I On Carriage Of Goods By Sea I And Maritime Liability j I 1 3 14 January 1993, Orchard Hotel Singapore I I TOPICS
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      Page 33 Advertisements Column 2
      175 33 i v H MARINE REFUSE SACKS tktS j The solution to waste packaging problems at sea Elj3jH Made of 2 pTies of wetij J strong kraftpaper K ?JK~ 4 100% biodegradable FUJI TRADING (SINGAPORE) PTE LTD *****5S FAX: 265 0443 GAYLIN Another Fabricator In "CABLE LAID" HEAVY LIFT SLINGS In
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      7 33 Group to axe 50 jobs. Page 2
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      92 34 It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by 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 Business
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      12 34 Llm« u4 MrviCM npTMMtMI For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
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      4078 35 oocl (S) pte ltd jardine shipping agencies llllf/ BOOKINGS TEL: *****34 *****58/ *****40 ■■llliM CFS (PSA F5) TEL: *****21/ *****79 pBMMn pesaka jardine shipping agencies sdn. bhd. \SSfw A PORT KELANG TEL *****18 FAX: *****91 *****88 n..~1U.. PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh
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      Page 35 Advertisements Column 2
      331 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday I in BT fPDUASC7Ik J UNITED ARAB SHIPPING CO. (SAG)//J To US East Coast ■/V rtt w I n I M I n ■ft MAMAM*? 1/U 4/41 Ml J2J m 2MMM *17 14/12 14/41 11/41
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      Page 35 Advertisements Column 3
      1403 35 WEEKLY DIRECT CALL TO SHIMIZU LEDA MAERSK V.9213 ETA SIN 26/11/92 ETA SHIMIZU 8/12/92 Vessel Voy ETA ETD Feeder by Sea Lark/Aries DESTINATIONS This area* Margreihe Maersk 9302 M—'TWBWICTITTWTW—'gWHWHB— MmPffW 24/11 080 C MRS IHI CFS 23/11 2359 HRS JOH LPK PEN OAK LGB HOU MEM ATL MIA CHS BAL
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      1461 36 R'dam/ FMfmv VOY NO SPORE JEDDAH S HAMTON H BURG ANT LE HARVE KTOIJ El -BE 13/146 19/11 5/12 8/12 6/12 |Ml NESTBOUM) KATSURAQI 12/346 21/11 1/12 9/12 12/12 14/12 16/12 FORI KEIAMG I PENANG HAMBURG EXPRESS 11/147 26/11 12/12 15/12 13/12 CARGO TO UK/COt(TMD(T HANNOVER EXPRESS 11/347 28/11 8/12
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      Page 36 Advertisements Column 2
      506 36 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aH services C.1.5.-Voatochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia a Hungary CSFR a Poland ocwrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Ve—el ITAW POL EAST 20/11 VILLE DE TIT ANA 27/11
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      Page 36 Advertisements Column 3
      1222 36 I BaiiMßma KURT EXPRESS LCL SERVICE DEPARTING EVERY SUNDAY WE ARE PLEASE TO ANNOUNCE NEXT SAILING: H. FRONTIER VOY: 302W ETA SINGAPORE 29/11/92 LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS TRANSIT UNITED KINGDOM FELIXSTOWE 23 DAYS GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM 19 DAYS BENELUX ANTWERP 20
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      Page 37 Advertisements Column 1
      1967 37 STRAITS SHIPPING PTE LTD hE|| 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO M* SAIS jlf^lkHt *i T J[Ij^ 1 l{l]l STRAITS SIM VI7E Mu<hj. lab 18 19 No« 20 No« 21 Nov KRI MADURA VI2E KK, Shan, Taw 23-24 Nov 25 Nov
      1,967 words
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      Page 37 Advertisements Column 2
      2979 37 SINGAPORE AGENT: fJXTiI Oinat*C P&O Containers (Singapore Agencies) Pte Ltd i IXI f VjUllidlllVl d 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 A, Tel: 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 W- y CR Number **********0Z EXPORT IMPORT VESSEL VOV FPNG *PKG SIN ALG SOU
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      Page 38 Advertisements Column 1
      690 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOV StOtt RDAM ADAM H BURG BtfMEN ANMRP MA IMAM 33W8 10/12 13/1 17/1 21/1 25/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sublet to Inducement. Alto accepting cargo to Casablanca. Port Said, Port Alexandria, Genoa. Trieste. ALSO ACCEPTING CONVINIKMMI CARGO
      690 words
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      Page 38 Advertisements Column 2
      1744 38 <g) HANJIN SHIPPING fOR VSL SM Lift HAUL SEA VCR FOR VSL SIN IIN HAUL SAV ILM NYC HANJIN KUNSAN .81E 2i 11 H NEW YORK 045E 17/12 18,12 HANJIN KUNSAN 081E 23 11 M PLENTY 025E 31/12 1/1 3/1 FISHGUARD BAY ?13( 30 11 HANJIN CHUNGMU 094E25/12 26/12 FISHGUARD
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      Page 38 Advertisements Column 3
      1318 38 Im sgp use hrg rig n/s ton o» nc» sau ito iu ce ui nc im m if ik nt en hi w I E GENTLE RE 046 17 II U*****1!i11 ?l 11 112 212 412 512 <12 (12 ***** 12 2 1 4 1 11/1 14 1 15 1
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      Page 39 Advertisements Column 1
      1853 39 IC2 PLEASE DIAL *****00 I FOR ALL BOOKINGS (NOL SERVICES) J TO PNW*USA INLANDPOtNTS ITO CAUFORHtA <Uf Ot/LF ♦HOMtO POWTf ATLANTIC VtA HLB J U FEEDER VSL VOY SUP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SUP LOS OAK VAN CHI DAL/HOL' MPH ATL NYK I ST PAUL N
      1,853 words
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      Page 39 Advertisements Column 2
      1217 39 I SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DgCHMONG WESTBOUND-LOAOM6 TRANSHPPED VIA
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      Page 40 Advertisements Column 1
      1591 40 AS AGENTS: KAWASAKI SV4GAPORE (PTE) LTD (CR No: **********0 M) W V TEL *****77 TELEX KAWAKI R*****5 FAX *****07/^9 M. MALAYSIA: IT UNE MAfVTVME (MALAYSIA) SON BHD I JL Vk. MJL M TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 wmmm KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LALTT
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      Page 40 Advertisements Column 2
      836 40 PHI LI-on If NT LINGS PT( LTD 106 Robinson Road #07-00 GMG Bulking Singapore 0106 1 Tel: *****22/*****69/*****00 Tetex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... A Jfflt WE 74KE ON THE WORLD FOR YOU £30 MEMBER OF BMGAPORE FREIGHT FORWARDERS ASSOCIATION W rHHHBHHHHh 18 NOV SYDNEY, MELBOURNE.
      836 words
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      Page 40 Advertisements Column 3
      300 40 GOLDEN LINE A WfcoSk GUM GUAM SHTPWG fNj<\ (PTE) LTD 1 23, W km km MMI MM TEL MUMS (II IKS) fat U4»M (a Mr III2KSMMV) mum/m«LW wi> »nnc« S'porc P. KHant Ptnant HUOlSn6Karacta/IM*/OMMi 24/21 H» ■ÜBIMMST Kjrack/tMa/OMWM (/II Ok rWTMA IMTKI NOW Ql l» Ctana Port M/» tor IMMOSMM
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      Page 41 Advertisements Column 1
      1087 41 pacific international lines (pte) ltd 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E i JAKARTA I I BANGKOK VESSEL VOV BIN JKT sin VESSEL VOY SIN BKK SIN KOTAWDiM rTn KOTASURIA KBR4SN 18/11 21/11 25/11 BUNOA EQUATOR CRYSTAL 117N IS/11 21/11 25/11 EQUATOR SlwK m
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      Page 41 Advertisements Column 2
      736 41 p PENANG FKELANG OCEAN iSL C'> ,0. PTM i.2 HAM .3 GOT (4' E 20/11 20/11 21/11 AROSIA 2462 24/11 11/12 13/13 14/12 16/12 E 27/11 27/11 28/11 NIHON 2472 1/12 18/12 20/12 23/12 23/12 Q 4/12 4/12 5/12 BENARTY 2482 8/12 27/12 28/12 29/12 30/12 E 11/12 11/12 12/12
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      Page 41 Advertisements Column 3
      620 41 SHIPPING CORPORATION mom cast koam no soma Im*«| Nt fcclm taw VdwkMU Rote IMpta ■LAMP K Mm 9MHTI POKTIMM imglm won is-i*m ■NBA soaur 20-21/11 1141/12 TM 12 low IT MML P. OMU o—o— I MMMNM 9BICT TO MOCOOr UOUUJK NOROUMC. TMMR I OTtB MPM POMS 9BICT TO Ml HSO
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      Page 41 Advertisements Column 4
      366 41 I °BSA° TRANSPORTATION MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI( Pen P.Gtff HPA-AN VIS4W 19/21 No* MYOMAYWA VI4SW 24/26 No* PAGAN Vl9o* 4/6 o*t NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE l\ RIVER MAJE RIVER NGAOA V.50 V.50 SPORE 28 Nov 3 Jan
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      Page 44 Advertisements Column 1
      2731 44 Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Agents: General Agents: Bonking Agents: Guan Gnan Shining Sin Bhd Chang Chiao Skipping Sdn Bhd F.T. Global Pntra Indonesia Maritime Yick Fung Shiooine A F m etrt C 4mmm Costar Shipping Pte Ltd Stmmg Fre&t BeeUag
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      Page 44 Advertisements Column 2
      297 44 SAMUDOU MOONESU (S) HI LTD 15 McCALLUM STREET #03-01/02 KATWEBT CENTRE Singapore 0106 T«twc R*****0 T«fc *****51-3 Fax: 225 4536. 227*135 FOR BOOK MPS CALL DIRECT UWE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DASA SEPULUH 902 IN PORT 20/11 (FRI) OERAJAT 1008 IN PORT 21/11 (SAT) PELOPOR 1055
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      Page 45 Advertisements Column 1
      641 45 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 22/11 ROTTERDAM 22/TI HAIFA/ASHDOD/ALEXANDRIA 22/11 HAMBURG/BREMEN 22/H MARSEILLE/FRANCE 22/11 FEUXSTOWE/UK 22/tl BARCELONA/SPAIN 22/11 LEHAVRE/ANTWERP 22/tl GENOA/ITALY 22/11 GOTHENBURG/SCANDINAVIA 22/tl LOS ANGELES/WC/IPI 22/11 SYDNEY/MELBOURNE 22/tl NEW YORK/EC 22/11 FREMANTLE/ADELAIDE 19/tl VANCOUVER 22/11 BRISBANE
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      Page 45 Advertisements Column 2
      676 45 CT3 RICHFIELD MARINE ACENCIES (S) PTE LTD y&l TEL: *****33 (12 Lines) l*Sll FAX: *****15/*****03 B+l TELEX: RS ***** RISHIP (3 Lines) m ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FO« SPOKE ABBAV WOWZ MW6 20/12 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET
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      Page 45 Advertisements Column 3
      856 45 JAKARTA BANGKOK Immv- f- m-T m xt iS*** Kill BHUM 05S H/ll 22/11 MAHA BHUM# 133H 1M In Pt Sun 22/11 BUDA BHUM 5» 21/11 24/11 WWi BHUM SIN FH 20/11 Won 23/11 NANA BHW IMS 24/11 27/11 NAHTA BHUM ***** S»l 21/11 Wtd 25/11 WITI G. KQfIWStV 02N Man
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      1601 46 m ac-nels groupage I IV/ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS I PEN PKL SIN PEN PK SIN 18/11 19/11 20/11 Hong Kong Ldn/Flx/Rdm/Ant/LHV 12/11 13/11 21/11 22/11 23/11 24/11 Hong Kong Gburg/Chagen/Sholm/Oslo 22/11
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      Page 46 Advertisements Column 2
      348 46 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SIN N Z STAR 0532* 19/11 1/12 3/12 19/12 PREMIER 21S 30/11 12/12 14/12 30/12 MULBERA 30S 16/12 2S/12 30/12 16/1 WITH OPPORTUNITY TO CALL TOWNSVILLE ABOUT 28/11/92 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON.
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      Page 46 Advertisements Column 3
      1208 46 f THONG SOON LINES PTE. LTD.I M- 77 ROBINSON ROAD #15-00, #16-00 SW BUILDING SKGWORE 0106 TEL: *****88 FAX NO: *****11, *****22 VBr TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I I 6flWTAWift WMCII ~1 SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor [STORE ]d£ST~ VESSEL HOT
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      1732 47 1 Irza zim iv/Tii II c»Bt«iMfiOTic« mj I COMPANIA PERUANA N.AMERICA/CARRIBEAN SERVICES I wEA QF VAPORES r—-I—i "DCDIIUIAN CTSTC I IWC" KESSEL VOt S» HOT LAX RST SAV WTC WI rtnUVlfln aifllt Lint «(lAI 71l 21 11 .TM H»l» 37E 20/12 29/12 2/1 4/1 1/1 ArPFPTINT RfIFAMRIM U /FPI /Wlf
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      Page 47 Advertisements Column 2
      647 47 REGULAR LINER SERVICE FIXED DAY SCHEDULE NAJD LINER SERVICE PORT KLANG/ JAKARTA/ SINGAPORE/ PORT KLANG VOt ETD fKG 111 MI El* 9N M/V LfONA 92/1 1/12 5/12 1/12 M/V LfONA >2/2 9/12 11/12 11/12 M V LEOM 92/3 17/12 21/12 24/12 M/V LLONA 92/4 25/12 29/12 1/1 Speeda Lines /s
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      462 47 MSB MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAACO ROOKING LUCKY TRANSPORT I FREI6HT CO
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      Page 47 Advertisements Column 4
      478 47 SIN FAR EAST 24/11 KEELUNG/KAOHSIUNG 22/11 BANGKOK 27/11 MANILA/CEBU 22/11 JAKARTA/BELAWAN/SURABAYA 23/11 PORT KELANG/PENANG/E. MALAYSIA 23/11 BUSAN 22/11 TOKYO/YOKO/KOBE/NGO/OSA 23/11 HONG KONG SIN CHINA 23/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SIN EUROPE/UK 21/11 LDN/FLX/LVP/SOU 21/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO I also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 22/11
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      Page 48 Advertisements Column 1
      445 48 HONGKONG/CHINA 23/11 JAKARTA 22/11 BANGKOK 22/11 MANILA 22/11 BUSAN 23/11 KEELUNG 23/11 TOKYO/KOBE 22/11 KAOSHIUNG 21/11 POBT KELANG/PENAN6 22/11 YOKOHAMA 22/11 COLOMBO 23/11 FELIXSTOWE/HAMBUR6 21/11 CHITTAGONG/MADRAS 23/11 ROTTERDAM/LE HARVE 21/11 BOMBAY/KARACHI 24/11 ANTWERP 21/11 CALCUTTA 27/11 lax/nyc 22/11 sydney/melbourne 28/11 CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE *****88 I For
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      Page 48 Advertisements Column 2
      479 48 Eonterml CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19TH NOVEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 22 NOV JAKARTA 22 NOV PENANG 23 NOV POUT KELANO 26 NOV MELBOURNE 28 NOV SYDNEY 21 NOV FREMANTLE 20 NOV BBISBANE 30 NOV HAMBURG 21 NOV FELIXSTOWE 21 NOV GOTHENOURG 21 NOV
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      Page 48 Advertisements Column 3
      344 48 This Week's Sailings j To: ETD To! ETD Singapore Singapore EVERY EVERY Bangkok WED SUN Hamburg SAT FVFRY FVFRV iIP Manila KRI MON Ho Chi Minh FRI MmmF EVERY EVERY M Colombo MON Ix>s Angeles SUN qc Tel: Fax: v«i tw I ml Singapore 778 6522 *****38 Gandhi «||i Johore
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      Page 48 Advertisements Column 4
      570 48 CHINESE-POLISH JOINT STOCK SHIPPING CO CONTAINER BREAK BULK I SIN MOMUSZKO Vl7 28/11 ROTTERDAM/HAMBURG/GDYNIA 1 EVER HAPPY VO5 8/12 CASABLANCA IAXMG VOl 24/11 SHANGHAI XINGANG B. PRUS V 26 11/12 HUANGPU BALTIC FAR EAST SHIPPING PTE LTD 2 MtSTRI ROAD #10-00. HMC BUILDING. SPORE 0207 TEL: *****69 FAX: *****09 TLX:
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      1056 49 NEDLLOYD'S AUSCON SERVICE WEEKLY FIXED DAY SAILING YO AUSTRALIA FROM JANUARY 1993 NedllpydUnes FEEDER VESSEL PKG PEN OCEMt VESSEI S» LEM Rltfl(l) HMI (2) BRV FU SOU OT Sm M/U^2^ssl2^^ B. Seroia —G. Bhum 20/11 18/11 NLL Oceana/2412 24/11 12/12 13/12 15/12 16/12 17/12 15/12 16,12 NLL Rochester/*****® 25/11 2S/U
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      337 50 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANIA LOAWNG EVERY VIGOUR PACHC 7558 *20/11/92 (FRI) FRDAY AMD MONDAY VIGOUR LUZON SNB 23/11/92 (MOW) 28/11/92 VIGOUR SINGAPORE 41NB 27/11/92 (FRI) 5/12/92 DISCHARGE ONLY. VIGOUR SINGAPORE 41ANB 30/11/92 (MOW) 5/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG
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      Page 50 Advertisements Column 2
      406 50 ■iLcosco UWC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/11 Rotterdam/Antwerp CHMA CONVENTIONAL ItHWCt VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/11 20/11 Huangpu/Guartgzhou CO«CO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CI HO rBANOKOK/HONQKONO EUROPE/CONTINENT AL WEST MEOTTEtWANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      Page 50 Advertisements Column 3
      214 50 fTOTH CONTAINER LINE 1 i k AUSTRALIA WEEKLY CONSOLIDATION BRISBANE*: SYDNEY ADELAIDE MELBOURNE FREMANTLE BRISBANE FREMANTLEa J < ADELAIDE jl SYDNEY Tel: 538 0155 W OWENS CONTAINER LINE (S) PTE LTD MELBOURNE 133 New Bridge Road #09-06 Chinatown Point S'pore 0105 VESSEL VOYAGE SINGAPORE PORTS OF CALL IN INDONESIA E]A
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      Page 50 Miscellaneous Column 1
      532 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 )R 10 1 4 1 8 2.1 2 3 2.3 21 18 1 5 13 1 3 14 1 7
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      Page 51 Advertisements Column 1
      1063 51 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS WIM- PKE PGD-t- SIN RTM »NT» LEH* HAM Bttt FEL H. FRONTKR 302W 27/11 27/11 27/11 29/11 18/12 1«/12 19/12 19/12 19/12 22/12 H COMMANDER 301W 4/12 4/12 4/12 6/12 29/12 29/12 26/12 26/12 26/12 29/12 SI FREEDOM 302W
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      Page 51 Advertisements Column 2
      436 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS RJKI m V PI IN (A cosac TIAMI 31 ai COSMC PtOMER 20 ■PT Mil KLICM IT 21/11 M/ll NANCE MEEK 1H M/ll 24/11 MA 21 11 in m i 24/11 OUTBOUND VESSELS LOADING FOB SENBOKU/TYO/NACOYA COSMIC PIONEER V
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      772 51 jV. A 1 EXPORT TO: JEDDAH/UK/CONTNENT I STORE lED S'TOH HIK RDAM L£H •Mm Accoptnt Carp For KATSURAO 12/344 21/11 1/12 0/12 12/12 14/12 10/12 SouOumptan :toa IK dntnatm. Ooßast and (MM HAMBURG EXPRESS 11/147 20/11 12/12 IS/12 13/12 Rottordam :to Anhrorp MreterOam. o*. HotaMu BmMMMMI^^^H MAW4OVCR EXPRESS 11/347 20/11
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      135 51 BINTAN6 MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 0208 TEL: ***** M TLX: R*****5 SMMER FAX: *****64 accepts rain or CARGO STORE OESTWATWI MERCURY PEARt V22E hi N-ll NOV Muara. labuan BMTANGSERtA V23E U-20 NOV 20-21 NOV ftntiAi Mi KBcM HNTANG BEIJUT V2SE 23-24 NOV 24-25 NOV HnMu. Ifci,
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      168 52 Every Saturday in Business Times isuumui M.V."ALICI" VOY.3 Arrived Bth November 1992 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 19th November 1992 0900 1200 hours at PTIO. No further survey will be entertained thereafter. Aa Agsnta:
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      135 52 Every Saturday in Business Times -Across Asia UPS planes do something very important every day. They take off on schedule. Worldwide Expedited Package Service from UPS ensures the packages it carries will arrive in the -i '< t -m. \j*%? ■gUH .t« aid U|H Bti3 253 I aIS i StLgiii
      135 words