The Business Times, 24 November 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, November 24, 1992 75*
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  • NEWS SUMMARY
    • 55 1 BEIJING China approved foreign investments worth US$3O.6 billion (about Ss49 billion) in the first three quarters of this year, the official Xinhua news agency reported yesterday. A total of US$6.6 billion had actually been spent, more than half from Hongkong and Macau, followed by
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    • 47 1 LONDON Britain's trade gap with the world in October amounted to £1.06 billion (about 552.6 billion) after a revised £891 million shortfall in September, Central Statistical Office figures showed Economists said the trade deficit had become a long-term structural problem.
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    • 26 1 KERETAPI Tanah Melayu Bhd and the Singapore authorities are finalising discussions on the development of KTM Bhd land in Tanjong Pagar Page 3
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    • 23 1 THE Thai government has moved a step closer to integrating three huge mass-transit projects planned for carchoked Bangkok Page 3
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    • 29 1 ASEAN exports to the US will fall by US$2 billion a year when the North American Free Trade Agreement comes into effect, say trade experts. Page 8
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    • 24 1 REDEFINING American foreign policy will be a priority for President-elect Bill Clinton when he takes office in January, experts say Page 9
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    • 37 1 IRAQI Deputy Prime Minister Tariq Aziz and Foreign Minister Mohammed Said al-Sahaf were scheduled to appear before the UN Security Council to request an easing of economic sanctions imposed after the Gulf War Page 9
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    • 23 1 MALAYSIA'S national computer show ITX '92, which attracted about 50,000 visitors, ended on a strong note over the weekend Page 15
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    • 35 1 THE Port Authority of New York and New Jersey is investing up to US$lO million to expand its railway terminal to handle up to 100,000 20-ft containers a year Shipping Times Page 1
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  • MARKET SUMMARY
    • 32 1 Wall Street stoeks turned lower in mid-morning after a mixed open. The Dow was ofT 11 to 3216 and declining issues led gainers in the broad market seven to five.
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    • 31 1 LONDON share prices were higher in early trading yesterday. The Footsie index ot 100 leading shares was up by 6.8 points or by 0.2 per cent at 2,739.2 points.
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    • 35 1 RENONG Technologies, a subsidiary of publicly-listed Renong group, will tie up with Indian companies as well as expand into the region in response to the increasingly competitive Malaysian computer market Page 4
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    • 35 1 CREDITORS of Electro Magnetic yesterday reiterated their support for the judicial managers' restructuring plans. Their vote will pave the way for the company's shares to be listed in the new year Page 4
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    • 21 1 MALAYSIAN port operator Kelang Container Terminal made a spectacular debut on the Kuala Lumpur bourse yesterday. Page 4
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    • 38 1 HONG Leong Finance will launch next month its Premium Gift Vouchers, which can be used for purchases at more than 1,000 outlets such as NTUC Fair Price, Shell petrol stations and 7-Eleven stores. Page 7
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    • Article, Illustration
      28 1 Monday Change BT-MGA 670.10 +2.45 Kuala Lumpur ....643.79 +1.19 Tokyo closed Hongkong 5.894.97 +16.79 Svdney 1,446.4 +36.3 Friday Change New York 3,227.36 +17.83 London 2.732.4 +26.2
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    • 23 1 Exchange rates USS S$ 1.6355 100 Yen SS 1.3163 MS S$ 0.6475 Money market rates Overnight I 3/8 -3/8 3-month 2% -3/16
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    • 37 1 London Gold AM fix USS334.25 -US$1.30 Rubber S'porc Dcc 144.50*/kg -0.25 M'sia Dcc 223.00«/kg -0.50 KL Tin Turnover 70tonncs +53 Spot MS 13.99 /kg -0.13 Crude palm oil Turnover 627 lots +37 Dec MS945 /tonne -10
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  • 624 1  -  Profits will be substantial with cost of funds running at 3 to 4pc By Kooi Cho Teng SINGAPORE More plastic card holders are living on credit, and that is good news for the issuing banks, which will rake in finance charges
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  • 465 1 Compiled by staff from agency reports SINGAPORE The ghost of Black Wednesday, Sep 16, returned yesterday as European central banks began a battle with currency speculators following a weekend realignment of currencies in the European Exchange Rate Mechanism (ERM). Central banks
    Source: TeleTrac  -  465 words
  • 364 1 UPI. Reuter TOKYO Young Japanese in their 20s are far less hooked on work than their elders, and much less inclined to stay loyal to one employer, according to a survey. They regard work as less central to their lives but are
    UPI.; Reuter  -  364 words
  • 448 1  -  By Anna Teo SINGAPORE The economy is expected to grow by 6.5 to 7 per cent this quarter, bringing full-year growth to around 5.5 to 5.8 per cent, according to the National University of Singapore's Centre for Business Research Development (CBRD). Growth for
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  • 243 1 Reuter, AFP GENEVA Gatt chief Arthur Dunkel yesterday summoned top negotiators of the 108 Uruguay Round nations to Geneva, saying there should be no doubt that a new world trade accord was possible after six-and-a-half years of talks. Mr Dunkel, director-gen-eral of the General Agreement on
    Reuter,; AFP  -  243 words
  • Page 1 Advertisements
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    • 4 1 More stories, Pg 2
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    • 46 1 Hock Lock Siew: Arbitration clause banks can learn from OCBCs experience, Pg4 The global trade metamorphosis, Pg 11 An exhibition of Cartier's solid gold and jewellery watches now on until 30th November, 1992 at: Watches of Switzerland #01-16 Scotts Shopping Centre Tel: 737 3708, 235 8543.
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  • PAGE 2 NEWS
    • 594 2 European monetary system under attack European exchange rates look set for another test IHT PARIS Deutschemarks and pesetas are expected to be the best-performing sectors of the international capital market this week as European exchange rates appear headed for another period of extended testing.
      IHT  -  594 words
    • 434 2 Bundesbank policy aimed at medium-term price stability: Schlesinger Financial Times FRANKFURT Minimal room exists for German manoeuvre on interest rates. Bundesbank president, Helmut Schlesinger, warned on Friday, in remarks which will dampen widespread hopes of a cut in German rates this year. Speaking at
      Financial Times  -  434 words
    • 386 2 Reuter MILAN The latest European foreign exchange squall has virtually wrecked Italian hopes of getting the lira back inside the European Community's currency grid by year's end, economists say. Prime Minister Giuliano Amato had viewed the lira's return to the Exchange Rate
      Reuter  -  386 words
    • SINGAPORE ROUNDUP
      • 120 2 THE Consumer Price Index (CPI) rose 0.2 per cent last month from September. The higher costs of housing, transport and communication and miscellaneous items were partially offset by cheaper food and clothing, the Department of Statistics said yesterday. The cost of housing rose 0.3
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      • 73 2 SINGAPOREANS reported 40 new cases of Aids/HIV virus in the first 10 months of this year, the Health Ministry said in a statement yesterday. Of these, 11 have full-blown Aids with symptoms, while the remainder are HIV carriers. Unlike previous years, heterosexual sex is
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      • 29 2 SINGAPORE and Croatia have agreed to set up diplomatic ties, effective yesterday, the Singapore Ministry of Foreign Affairs said in a statement yesterday.
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      • 46 2 SMOKERS will no longer be allowed to light up in court buildings. The prohibition on smoking in certain places has been extended to the Supreme Court, the Subordinate Courts and the Small Claims Tribunal. Offenders face a maximum fine of 1.000.
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      • 56 2 INITIATIVES 92, a conference focusing on issues concerning local entrepreneurs, will be held on Nov 26-27 at the World Trade Centre's Convention Centre. The forum and exhibition will address ways to enhance regional business opportunities. It is being sponsored by the Association of Small and Medium Enterprises
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    • 384 3 Bernama JOHOR BARU Keretapi Tanah Melayu Bhd (KTM Bhd) and Singapore authorities are finalising discussions on the development of KTM Bhd land in the Republic, Transport Minister Ling Liong Sik said yesterday. He said although it had been decided to develop the
      Bernama  -  384 words
    • 178 3 SINGAPORE The first Tony Roma's restaurant in South-east Asia opens today at the Orchard Hotel Shopping Arcade. Specialising in barbecued ribs, the restaurant cost Mas Millennium (S) Pte Ltd, the franchisee, between $1.5 million and $2 million to set up. Tony Roma's is based
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    • 385 3 Proposed move meant for convenience of mass-transit commuters Reuter BANGKOK The Thai government yesterday moved to integrate three huge masstransit projects planned for car-choked Bangkok so passengers can easily transfer between the systems. "The integration and coordination of the projects is for the
      Reuter  -  385 words
    • 324 3  -  By Joseph Rajendran KUALA LUMPUR Texas Instruments Malaysia, a subsidiary of the US-based semiconductor manufacturer, is investing US$25 million (5540.9 million) in equipment and is hiring 600 stafT in 1993. Managing director Jerry Lee said yesterday that the company, which now produces more
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    • 327 3  -  By Sylvia Wong SINGAPORE Johor's manufacturing sector remained the engine of growth and employment in the state during 1991. according to the Johor State Economic Development Corporation (JSEDC). The state corporation's manufacturing activities brought in M 5273.1 million (*****.8 million) last year and was
      327 words
  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 73 4 SINGAPORE Inchcape Bhd said the High Court had approved its eapital reduction exercise on Nov 20. The exercise petitioned to the High Court will reduce the par value of Inchcape's ordinary shares from 1 to 50 cents. The company had planned to return $108.9 million, or
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      • 26 4 SINGAPORE Foreign shareholdings in Overseas Union Bank amounted to 37.01 per cent of its issued capital on Nov 13, the bank said yesterday.
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      • 36 4 SINGAPORE Sembawang Shipyard Ltd (SSL) bought one million Jurong Shipyard shares for $7.14 million on Friday. The purchase raised Sembawang's stake in Jurong Shipyard to 15.57 per cent from 14.76 per cent.
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      • 47 4 SINGAPORE Go Giok Lian, a director of Tuan Sing Holdings, declared a change in her deemed interest in the company after her husband. Liem Tek Siong, bought 3.43 million shares on Nov 18. Mr Liem now holds 65.54 million Tuan Sing shares.
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      • 73 4 KUALA LUMPUR Menang Corporation (M) Bhd expects to reap gross profits of M 5239 million (S$ 154.7 million) over the next 15 years from a proposed jointventure development project in Selangor. Menang said the project is expected to generate total revenue of Msl.l billion over the
        73 words
    • 265 4 Suspension seen as positive and welcome development SINGAPORE Things are looking up for the new owner of the local Shakey's franchise a group of Shakey's pizza franchisees in the US have temporarily dropped their lawsuit against Shakey's Inc. The US franchisees have put their
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    • 427 4  -  Company also planning to expand into region By Joseph Rajendran KUALA LUMPUR Renong Technologies, a subsidiary of publicly-listed Renong group, will tie up with Indian firms as well as expand into the region in response to the increasingly competitive Malaysian computer
      427 words
    • 295 4  -  By Rahita Elias SINGAPORE Malaysian port operator Kelang Container Terminal (KCT) made a spectacular debut on the Kuala Lumpur bourse yesterday, surpassing the expectations of both company officials and analysts. KCT, currently the only container terminal operator in the Klang Valley, opened trading
      295 words
    • 384 4  -  By Dawn Tan SINGAPORE Creditors of Electro Magnetic (S) Pte Ltd (EMS) yesterday reiterated their support for the judicial managers' restructuring plans, paving the way for the company's shares to be listed in the new year. During a meeting yesterday chaired by the
      384 words
    • 166 4 SINGAPORE Listed Pacific Can Investment Holdings has appointed Promet's chief executive Brian Chang as its non-executive chairman. Mr Chang, whose appointment took effect on Nov 17, has been a non-executive director of the company since Oct 28. He replaced Pang Kim Hin, who
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    • 514 4  -  THE HOCK LOCK SIEW COLUMN By Moiz Tyebally SINGAPORE Recently, there were news reports that a syndicated loan by seven foreign banks and OCBC Bank went sour in China. The US$39 million loan given six years ago was made to a Chinese-owned
      514 words
    • 272 4 Bernama KUALA LUMPUR United Engineers (Malaysia) Bhd said yesterday that the proposed subscription of 200 million new ordinary shares of M$ 1.00 each in Projek Lebuhraya Utara Selatan (Plus) will enable the company to fulfill its undertaking to Plus. Chairman Radin Soenarno
      Bernama  -  272 words
    • 268 4 Bernama KUALA LUMPUR Industrial Oxygen Incorporated Bhd expects continued good response to new launches of its housing projects and further growth in its industrial gas business. Chairman Lee San Choon said in the 1992 annual report released here yesterday that the company had
      Bernama  -  268 words
    • 397 5 Formosa Plastics, mainland officials fail to agree on target market Reuter TAIPEI Taiwan's Formosa Plastics group, the island's largest private conglomerate, said yesterday it had suspended controversial plans to build a US$6 billion (SS9.B billion) petrochemical complex in China. Group chairman Wang Yung-ching said
      Reuter  -  397 words
    • 435 5 MARKET WATCH Reuter BANGKOK The fallout from the Thai Securities and Exchange Commission's (SEC) first action against a major investor will poison the market for weeks to come as investors try to figure out the new agency's regulatory policies, analysts said.
      Reuter  -  435 words
    • 215 5 AFP TAIPEI Taiwan authorities yesterday approved a US$l2.lB million (5519.9 million) motorcycle project in Vietnam, the largest-ever single investment from the island, officials said. The Investment Commission under the Economic Ministry allowed the Ching Fong Group to build two motorcycle plants in Vietnam, the
      AFP  -  215 words
    • 259 5 KUALA LUMPUR Boustead Holdings Bhd's proposed acquisition of AfTin Holdings Bhd will serve to further expand the activities of the already diversified group, Robert Cheam. executive director of Commerce International Merchant Bankers Bhd, said yesterday. In a circular to minority shareholders of
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    • COMPANY BRIEFS
      • 90 5 SEOUL South Korea's Halla Business Group has exchanged a letter of intent with China's Shanghai City on seven projects, including joint ventures, a spokesman said yesterday. Halla president Chung In Young and Shanghai Deputy Mayor Zhao Qizheng exchanged the letter of intent
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      • 96 5 BOMBAY Tata Iron and Steel Co Ltd (Tisco), India's biggest private-sector company, anticipates that sales wjll almost double to 50 billion rupees (552.34 billion) over the next four years, managing director Jamshed Irani said. In an interview with the Economic Times newspaper, Mr Irani said
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      • 84 5 Ernst Young opens Viet office HANOI Hongkong-based Ernst and Young has become the first of the "Big Six" international accounting firms licensed to operate in Vietnam, the company announced here yesterday. Ernst and Young has opened ofTices in Hanoi and Ho Chi Minh City under the licence issued earlier this
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      • 83 5 PHNOM PENH Pepsi-Cola International has signed a joint-venture agreement to bottle Pepsi and 7-Up soft drinks in Cambodia, according to a Cambodian newspaper. The new Angkor Beverage venture, 60 per cent owned by the private Cambrew brewery and 40 per cent owned by Pepsi-Cola, is
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      • 65 5 SYDNEY Debt-ridden Adelaide Steamship Co of Australia hopes to float food retailer Woolworths, the most profitable asset in its stable of companies, sometime next year. Speaking at the annual general meeting yesterday, Adelaide Steamship chairman Peter Cottrell said the group may also sell its
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      • 63 5 TOKYO Daiwa Securities Co, Japan's second largest brokerage, will extend financial assistance to troubled nonbank affiliate Daiwa Finance, the Nihon Keizai newspaper said. Daiwa Finance, which has non-performing loans of more than 50 billion yen (***** million), will issue new shares valued at 10 billion
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    • COMPANY BRIEFS
      • 86 6 LONDON British Petroleum Co pie has denied a Sunday newspaper report that it could make a £3 billion (557.4 billion) to £4 billion rights issue as part of its debt reduction strategy. "As we have said many times recently we do not intend
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      • 67 6 LONDON Profits at Mirror Group Newspapers (MGN) will fall short of analysts' forecasts for 1992 and 1993, hit by larger-than-expected restructuring costs and by lower revenues, the Sunday Times newspaper said. The newspaper reported that the rival group will struggle to make more than £25 million
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      • 82 6 PARIS French state-controlled chemicals and drugs firm Rhone-Poulenc SA said it believes it can achieve a 10 per cent rise in its operating profits for 1992. The forecast, issued in, a statement with its third-quarter earnings, is at the bottom end of its last forecast in September,
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      • 73 6 JOHANNESBURG South African chemical producer Sentrachem Ltd said yesterday it was likely to soon acquire Australia's Chemplex Holdings Ltd. Senior executive director Roy Pithey said Sentrachem had signed the Chemplex deal in principle. He said if all went well, the deal, worth between 330
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      • 67 6 HAMBURG German retailer Kaufhof AG may be interested in buying Woolworth Corp's 500 stores in Germany, the German news magazine Der Spiegel said yesterday. The magazine said that Kaufhof managing board chairman Jens Odewald had made an ofTer to buy the German operations a year ago, but
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    • 796 6  -  From Stephen Vines in GUANGZHOU LIKE a modern-day Pied Piper, Gordon Wu, the ebullient managing director of Hopewell Holdings, has led a triumphal procession of some 200 bankers, stockbrokers and journalists on a two-day tour of his uncompleted highway stretching 122 km
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    • 413 6 Reuter LONDON Europe's biggest chemical firms, dogged by a miserable combination of a harsh economic climate and currency weakness, are mired in the worst slump since the early 1980s. Most are running hard to stand still. Some are running backwards. Squeezed by over-capaci-ty,
      Reuter  -  413 words
    • 352 6 Reuter LONDON Strong dividend growth is expected from UK regional electricity companies (RECs) when their half-year earnings season kicks off today. But some may curb rises slightly to avoid unwelcome publicity during the government's energy review, analysts said. "Some may give
      Reuter  -  352 words
    • 429 6 Reuter BONN The head of the German employers' federation urged labour unions last Friday to trim their 1993 wage demands to below the inflation rate. In remarks heralding a tough 1993 round of pay negotiations, Fritz-Heinz Himmelreich told German radio: "We must come
      Reuter  -  429 words
    • 365 6 Reuter CHICAGO US retail cataloguers may be on the brink of their strongest Christmas selling season since 1988, analysts say. "From all indications, retailers will see a 6 per cent increase in fourth-quarter revenues," said First Manhattan analyst Thomas Tashjian, who noted
      Reuter  -  365 words
  • Page 4 Advertisements
    • 76 4 I IN THE MARKET PAGES SES closes steady 19 Shanghai prices gain 24 sni US When you want your meeting to gel ahead, gel away. To somewhere rather more tranquil and inviting. Where the beach is ensuite. And the hurly burly of the C,„£ 9 concrete jungle is world's apart,
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    • 197 6 An Exhibition cum Seminar on GOOD DESIGN, SAFETY STANDARD RISK MANAGEjfIgNT FOR PLAYGROUND EQUIPMENT iiby The Singapore Science Centre in conjunction with r Ausplay Singapore Pte Ltd, Ausplay International lyiwJ The Austrian Trade Commission I Venue: Singapore Science Centre Date: 24th November, 1992 I J 'i Science Centre Road Time:
      197 words

  • FINANCIAL NEWS
    • 393 7  -  By Kooi Cho Teng SINGAPORE Consumers will be able to win cash and other prizes from next month with gift vouchers from Hong Leong Finance. -The Premium Gift Vouchers which will be given to depositors according to the size of their investment, or
      393 words
    • 194 7 MBT DAKAR, Senegal Bank Negara Malaysia (BNM) will not internationalise the ringgit and does not encourage its trade in large volumes by non-residents. Central bank adviser Nor Mohamed Yakcop said: "If we internationalise the ringgit, we will lose one degree of control over our
      MBT  -  194 words
    • 204 7 Reuter BOMBAY The Governor of the Reserve Bank of India (RBI) is expected to defend the central bank against charges of laxity in tackling the country's worst financial scandal. ♦A parliamentary probe into the US$l.2 billion (551.95 billion) securities fraud will
      Reuter  -  204 words
    • 510 7  -  THE SANG KANCIL By Shoeb Kagda The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity
      Source: Refco S'pore  -  510 words
    • 328 7  -  From Catherine Ong in HONGKONG THE chief executive of Lloyds Bank, Brian Pitman, yesterday said the UK clearing bank was not interested in buying hotelier Khoo Teck Puat's stake in Standard Chartered Bank. Mr Pitman told BT that Lloyds had
      328 words
    • SMALL CHANGE
      • 97 7 JAKARTA A small private Indonesian bank which collapsed in 1990 published a notice in newspapers yesterday offering to repay some of its depositors. Bank Umum Majapahit Jaya (BUMJ), which was reopened this year after 39 banks injected capital, offered in the leading Kompas
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      • 58 7 ISLAMABAD Depositors fearing a run on banks have withdrawn about US$BO million (SSI3O million) from foreign currency accounts after tensions arose between the Pakistani government and the opposition, a newspaper reported. Officials of the central State Bank of Pakistan refused to confirm the report, saying they had
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      • 66 7 LONDON Britain's biggest bank Barclays pic is expected to announce a further 3,000 jobs cut as part of its radical cost-cutting programme, said the Independent on Sunday newspaper. These will be additional to the 15,000 jobs the bank has already said it is shedding as
        66 words
      • 61 7 LONDON UK mortgage lender National Home Loans Holdings pic, whose annual pre-tax loss deepened to £146.4 million (***** million) from a loss of £47.9 million a year ago, said it expected losses to narrow in the current year. The company predicted "a significantly reduced loss
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  • THE REGION
    • NOTE BOOK
      • 81 8 JAKARTA Indonesia is likely to become a net importer of oil by the end of the decade and may have to quit Opec within five years as exports drop sharply, Mines and Energy Minister Ginanjar Kartasasmita said. "We will be a net
        81 words
      • 82 8 MANILA Imelda Marcos has called off talks with the government on the transfer to Manila of US$356 million (Sss7o million) held by her family in Swiss banks. Her lawyer, Antonio Coronel, said yesterday that Mrs Marcos did not want to anger US judge Manuel Real
        82 words
      • 62 8 PANTUKAN, Philippines A dismissed Philippine army sergeant announced over the weekend that he and 22 of his men had joined communist rebels in the first mass defection of government troops to the guerillas. Sergeant Antonio Tolentino, a member of an army faction linked to unsuccessful coup
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      • 56 8 KUALA LUMPUR Malaysia is expected to contribute 10 per cent of the US$66 billion (about Sslos billion) revenue projected for the global semiconductor industry in 1993. Semiconductor Equipment and Materials International chief financial officer Tom Reed said revenues of Asian countries outside Japan would grow
        56 words
    • 513 8 AP SUBIC BAY Nearly a century of US military presence in the Philippines draws to a close today when the Navy abandons its largest naval base in Asia. President Fidel Ramos and other officials will assume control of the Subic Bay naval
      AP  -  513 words
    • 568 8 But increased trade within East Asia expected to buffer drop Reuter KUALA LUMPUR Asean exports to the US will fall by US$2 billion (about 553.2 billion) a year when the North American Free Trade Agreement (Nafta) comes into effect, but trade
      Reuter  -  568 words
    • 172 8 AFP HANOI Vietnamese Prime Minister Vo Van Kiet has ordered urgent new measures to fight rising corruption, which the government has targeted as its main problem, the official Nhan Dan daily said yesterday. Despite a directive issued more than two years ago
      AFP  -  172 words
    • 400 8 BANGKOK Reversing its previous stance of not censuring the administration, the opposition on Saturday prepared to file a no-confidence motion against the Chuan Leekpai government. The Sunday Post reported that Chart Thai deputy leader Boon-eua Prasertsuwan and Chart Pattana secretarygeneral Prachuab Chaiyasarn
      400 words
    • 244 8 AFP JAKARTA Jose Xanana Gusmao, the arrested leader of East Timor's independence movement Fretilin, was transferred to the Indonesian island of Bali over the weekend, a source said yesterday. A source in the East Timor capital Dili said: "Xanana was transferred on
      AFP  -  244 words
    • 219 8 Reuter JAKARTA The capture of East Timor's rebel chief has dealt a crippling blow to the movement's armed struggle against Indonesia's 17-year rule, but analysts say its political campaign will survive. Jose Xanana Gusmao, head of the Fretilin guerilla movement in the former
      Reuter  -  219 words
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  • THE WORLD
    • 321 9 AP UNITED NATIONS Top Iraqi officials were planning to appear before the United Nations Security Council yesterday, but UN representatives said the Council was unlikely to agree to the easing of economic sanctions imposed after the Gulf War. The UN officials
      AP  -  321 words
    • 270 9 AFP KUWAIT CITY Gulf interior ministers warned on Sunday that Iraq remained a threat to the region and demanded that it comply fully with United Nations resolutions ending the Gulf War. Ministers from the Gulf Cooperation Council (GCC) states except Qatar, which boycotted
      AFP  -  270 words
    • 388 9 Reuter JOHANNESBURG The South African government, under fire over damning accusations about security forces dirty tricks, is facing increasing pressure to make way for an interim elected administration, political leaders and analysts say. "There have now been sufficient crises for the
      Reuter  -  388 words
    • 247 9 Reuter LIMA The party backing President Alberto Fujimori has won an absolute majority in elections for a Congress to restore constitutional rule in Peru, an exit poll by the independent Apoyo consulting firm said on Sunday. But a strong opposition showing indicated
      Reuter  -  247 words
    • 314 9 AFP WASHINGTON Redefining United States foreign policy will be a priority for Pres-ident-elect Bill Clinton when he takes office in January, experts said on Sunday. Former Secretary of State Henry Kissinger told NBC television that he viewed future foreign policy as a "philosophical"
      AFP  -  314 words
    • WORLD WATCH
      • 78 9 BEIJING China voiced opposition yesterday to next month's visit to Taiwan by United States Trade Representative Carla Hills, the first US Cabinet-level official to do so in 13 years. "The Chinese side has made representations to the US side on this," the
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      • 57 9 COLOMBO Bracing for renewed rebel attacks in the capital, the Sri Lankan government has introduced emergency laws to allow police to monitor the movements of residents. The Presidential Secretariat said on Sunday that all households are required to give the nearest police station a list of
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      • 41 9 HOUSTON Horace Davis cleaning up what remains of his garage on Sunday after a tornado ripped through the west Houston area on Saturday. Several tornadoes hit the area on Saturday afternoon and evening, resulting in major damage.
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      • 86 9 DHAKA The South Asian Association for Regional Cooperation (SAARC) will meet here next month for two days instead of three. The annual meeting of leaders from Pakistan, Nepal, Bhutan, Sri Lanka, the Maldives and Bangladesh had been scheduled for Dec 12-14. The ZJa/Ty Star, quoting official
        86 words
      • 61 9 UNITED NATIONS The number of rural poor in developing countries has risen 40 per cent over the past 20 years, a sign that many international aid programmes have failed, a new study said. The report by the International Fund for Agricultural Development, a Rome-based
        61 words
  • Page 9 Advertisements
    • 178 9 QUEN VERDENA )sgf( TRADING ENTERPRISE 531, Upper Cross Street KR47/48/49, fe Hon g Lim Complex, Singapore 0105. Telephone: 65-*****45 Fax: 65-*****60 BUSINESS OPPORTUNITY Inviting all Buyers, Traders and Businessmen to our PRESENTATION of a brand new unique consumer product that is definitely a must for almost every household in the
      178 words
    • 14 9 >1 ipl i EgJ s> r 1 MSB?/. flßggpi 1 r 1 Absolu ment
      14 words

  • 438 10 EDITORIAL THE NEGOTIATORS of the European Community and the United States government deserve to be congratulated for snatching victory from the jaws of defeat. The trans-Atlantic brawl was getting acrimonious; the trade tsunami was threatening to lash other continents and swallow all hopes of bringing the
    438 words
  • WHAT THE OTHERS SAY
    • 251 10 AT A TIME when democracy appears to be breaking out everywhere and when the human rights crusade has never been more fervent, it is refreshing to hear Mr Lee Kuan Yew questioning the seemingly self-evident propositions that democracy leads automatically to good government and that one-man-one-vote is
      251 words
    • 93 10 PAKISTAN'S basic problem is the economy. It is still in tatters despite the open policies of Prime Minister Nawaz Sharif. Corruption and mismanagement is rampant. The nation's external debt now amounts to almost 23 per cent of export earnings. The inability to make ends meet is the reason
      93 words
    • 137 10 ASIAN COUNTRIES hope Bill Clinton will be an enlightened and magnanimous leader. They hope he will not measure others in terms of his own standards and likes and dislikes, and that he will not blame others for the intractable problems the US faces. In all fairness,
      137 words
  • REGIONAL VIEWPOINTS
    • 173 10 WITH Inauguration Day ever closer, US Presidentelect Bill Clinton appears no clearer in his policy statements on China. Six weeks ago, with the volume control on his campaign trail rhetoric set to maximum, the then Democratic hopeful warned: "There is no more striking example of Mr
      173 words
    • 174 10 THE United Nations Security Council is expected to come up with a resolution soon that would impose certain punitive measures on the Khmer Rouge for its persistent non-compliance with the Paris peace agreement. The measures being pondered include freezing Khmer Rouge assets abroad, an embargo
      174 words
    • 154 10 IT BEGAN with the poor and the downtrodden peoples of the South resolving to be active participants, not mere bystanders, in the world's rapid development to unite and shape their own future and meet the challenges of growth and development. And so, the Group of 15
      154 words
  • 1187 10  -  Vietnam is aware that the US holds the key to the country's rehabilitation from war and its future economic development. Florence Chong reports Florence Chong The writer is BT's Sydney correspondent THE OPTIMISM may be very much one-sid-ed. But it has not stopped Vietnamese officials
    1,187 words
  • Page 10 Advertisements
    • 311 10 When Scientist Tan Kok Kheng mmßjl His Mushroom Biotechnology, which turns the secrets of gene behaviour TT to commercial use, holds out the promise of high returns for Ij LI high risks. Singapore with its handful of pioneering /i II I I I lentrepreneurs like Dr Tan Kok Kheng aims
      311 words
  • Page 10 Miscellaneous
    • 70 10 DOONESBURY GARRY TRUDEAU \^?uFKnpGroups J If yeah, i just have ONEQUeP\ f~ T \WEQ.Q.P.KEGWUK>. DON'■ MHEN ARE WE GOING TO CMP SOME- RPfTKE LUE BE6IN FINALLY ROUNP UPTHEBAff/- lllPlL? ONE GET ROT J rIKS' KJLLiNG, POVERTY-PIMPING, TAX- A HAMBURG#' i I i HIKJNG, SCUM HEAD MODERATES, t/ WE'VE GOT *5
      70 words

  • ANALYSIS
    • 1196 11  -  Peter Passell relates how, since the early *****, the economics ot trade has been changing, and resulting in a new brand of geopolitics, while Andrew Gumbel explains why France must talk tough on its trade deal with the US Peter Passell Andrew Gumbel NYT THE END
      NYT  -  1,196 words
    • 779 11 Reuter THE French government has boxed itself into a corner over the European Community's (EC) farm trade deal with the United States and this week faces an unenviable choice whether to endorse the compromise or to scupper it. Approval would almost
      Reuter  -  779 words
  • Page 11 Advertisements
    • 242 11 Ji■ I I txcht ALLYOUR SENSES! With a multimedia system, already familiar with. you don't just read information, With the backing of ACS Ipmyou experience it. You don't just Computer, a global group with a Kl 'iStfJB 4 t** watch a self-running demonstra- successful history serving local tion, you participate
      242 words

  • Page 12 Advertisements
    • 511 12 Nothing Beats A BudOF i^———^ yjr ocßnai A ''Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 1 1.30 am to 2.30pm Sun 10.30 am to 2.30pm Kings MOTH«MNG**O«f Havelock Road, Singapore 0316. Tel: 733 0011 I A MEMMR Of COl MOTIIS r-*#* x^f (everyday
      511 words
    • 316 12 WHERE TO WINE, DINE JOH PUSHERS I AND HAVE AIAU Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at $3 a glass and $12 a jug are about the best offers in
      316 words
    • 319 12 Local Tea Time delights at Chatterbox C TJT" every Saturday and Sunday 3 pm to 5.30 pm. $14.50++ per person $8.50+ per child (below.lo yrs> Mezzanre Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge Daily. 2pm to 6pm $16.00++ per person $10.00+ per child (below 10 yrs> bfcmfcaUaiMn HI Orchard
      319 words
  • Page 12 Miscellaneous
    • 698 12 TELEVISION AND RADIO 1f» SBC 12 J;U SSitW ESr «-0—BUSINESS ON RAOK)~ VUllltijlJ "5 PM Opening folk>»«l by la- JJJ L). 6.45 BBC. 88.9 mHz in VHF Band II pan Business Today news at nine. /.w came news Network. ac— cacm. 1 aCmi- Wr»rlH 8.00 A Brush with Art With
      698 words

  • LIFESTYLE
    • 1280 13  -  It's impossible to get a fix on Jeremy Irons in just one afternoon. But trailing after him is not a bad lark, as Caryn James finds out Caryn James NYT JEREMY IRONS is describing the sex scenes in his steamy new film. Damage. The most
      NYT  -  1,280 words
    • 241 13 CHATTERBOX A MONTH before Mia Farrow accused Woody Allen of molesting their adopted sev-en-year-old daughter, Allen said, she told him: "I have something very nasty planned for you." Allen said on the CBS News programme 60 Minutes on Sunday night that Farrow had told him
      241 words
  • Page 13 Advertisements
    • 212 13 AND ENTERTAIN I The Orient Express Capture the spirit of the Orient with culinary flavours from the Chinese kitchen Every Tuesday Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00+ For reservations, please call ANA HOTEL 732-1222 extension 1700 SINGAPORE <6 nmw nm S*gapow *085
      212 words
    • 299 13 Here's a break from your busy schedule that also pays. $1,000 to be exact. Just solve the BIZ WORDS puzzle in today's or any other two days' Business Times this week. Attach the two days' BIZ WORDS coupons to this Saturday's entry form and the SI,OOO cheque could be in
      299 words
    • 596 13 SHOKADO -iSBENTQ-S Set Lunch and Dinner 2 Nov 30 Nov '92) Don't miss this value packed set meal in November. The Bento set promotion consists of a 6-course meal served with green salad and Kohachi. The main course is the yellow tail grilled with our very own Nishiki sauce. It's
      596 words

  • Page 14 Advertisements
    • 225 14 Some of Singapore's most successful companies have a nut in the office. t? v p 4 In Singapore's most famous companies you'll find a nut. It is the ultimate driving machine for BMW. It helps Singapore Airlines to be a great way to fly. And it drives Yokogawa's electrical components
      225 words

  • INNOVATION & TECHNOLOGY 1
    • 614 15  -  Joseph Rajendran joined bargain hunters and trade visitors to check out the exhibition's offerings Joseph Rajendran MALAYSIA'S national computer show, ITX '92, ended on a strong note over the weekend. About 50,000 visitors were at the four-day event, compared with last year's 43,000. Show
      614 words
    • 482 15  -  Claire Leow looks at the new Apollo 9000 Series 700 Claire Leow HEWLETT Packard launched a new family of workstations in Singapore last week the Apollo 9000 Series 700. The new 9000 Series 700 workstations all come with colour monitors, and are multimedia-ready which means they
      482 words
    • 534 15 NYT Fujitsu Ltd would seem to be in an ideal position to become a dominant player in the booming portable computing market. The world's fifthlargest chip maker, Fujitsu, is adept at precisely what the Japanese microelectronics companies are supposed to be best at: miniaturising
      NYT  -  534 words
    • 859 17  -  Claire Leow reports on Intel's latest initiatives in the chip market Claire Leow INTEL Corp, the world's leading producer of microprocessors for personal computers, is in a phase where clones are taking bigger bites from its market share. Other California-based rivals such as Advanced Micro Devices
      859 words
    • 258 17 DIGITAL Equipment Singapore has introduced DECtouch, a touchscreen input device that enables users to operate their personal computers by touching the monitor where the information is displayed. The device is pitched at retail outlets, airports, banks or government offices which need to simplify computerbased information service,
      258 words
    • TECH TAKES
      • 111 17 SINGAPORE Personal Systems (Asia), ICL's PC division, has appointed resellers and dealers across Asia in an aggressive bid to capture a 6 per cent market share in this region next year. They are Transdata Systems, Nation-tech, Informetrics Systems Consultant and DG Kom
        111 words
      • 89 17 SINGAPORE US software firms Borland International and WordPerfect Corp have joined forces to promote their software for Microsoft's Windows operating system. Borland is offering its Quattro Pro for Windows, a spreadsheet program. at a special price for users of WordPerfect for Windows, a processing programme. Purchasers
        89 words
      • 86 17 SINGAPORE Seiko Epson Corp, as part of its campaign to knock out counterfeiters of its printer ribbons, says it has smashed a Malaysian syndicate that was operating out of various locations in Kuala Lumpur and a factory at Ulu Tiram, Johor. Raids were conducted on Nov 9
        86 words
      • 61 17 SINGAPORE PC manufacturer AST has added muscle to its Asian regional management structure with three key appointments. Alex Chu, with AST since 1985 and most recently the director of AST Asia, has been appointed managing director responsible for charting the company's short and long-term strategies, and
        61 words
      • 109 17 SINGAPORE Disk drive producer Conner Peripherals has elected former US ambassador L Paul Bremer to the board of directors. Chairman and chief executive Finis Conner said: "As Conner continues to grow and diversify its operations internationally, we look for business leaders experienced in developing and
        109 words
    • 297 17 UPI Advanced Micro Devices Inc (AMD) has announced plans to build a state-of-the-art submicron semiconductor manufacturing facility in Austin, Texas, that will cost over US$7OO million (551.141 billion) and employ up to 1.000 people when completed. The new facility will produce
      UPI  -  297 words
  • Page 15 Advertisements
    • 64 15 CERRUTIIBBI SWISS WATCHES KIT! 1881 V.* M mns K W mm m 1 i j Time 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 3697 Malaysia DYNASTY WATCH SDN BHD, Lot Tl/4-5, Ist Floor,
      64 words
    • 19 15 EFFECTIVE RECRUITMENT ADVERTISING. irSONLY A CALL AWAY... To «Jwmti«e your Aopoeitmenti or Notices. catt toll-free 737-0043 I Badness BmM_J
      19 words
    • 327 15 gSB*2&' fees? l i K&i VI ffIPT JK jLwkMT. !> The Sovereign Apartment Type B, 245 sq m (2,6375q ft) Resort living with a Difference From the moment you approach The HH —_UM— Sovereign, pass through its French wrought iron gates down a landscaped avenue, to the porte cochlre to
      327 words
    • 68 15 I 005o 5 m "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 I Maxim s de Paris to mark our tenth anniversary in Singapore* Dinner at $98++ per person. jUSk M
      68 words

  • Page 16 Advertisements
    • 287 16 WHAT LEADING INDUSTRY CONSULTANTS ARE SAYING ABOUT NCR'S SYSTEM 3 0 0 0 'ft. v*. mmm. m m 5* rA ij-Wfc y.< S3 m •<* '■>■ M S >•> Si H M •f^C'Vc IW iS& V vw V/Vsag .•A v--rci (t? ■v-I Sf« ry' v K» Sg®! jV?> (NT MS?
      287 words

  • Page 17 Advertisements
    • 178 17 A» V i fl Vfl Y 1000 HOTELS, 5000 RESTAURANTS and 500.000 rooms around the world." That may be reason to celebrate for some hotel chains, but we at the Concorde operate on a different concept altogether. We proudly announce all of TWO hotels in Singapore and Kuala Lumpur. Don't
      178 words

  • SPORTS
    • SIDE LINES
      • 108 18 FRANKFURT Jim Courier, the world's top-ranked tennis player, said on Sunday that he would like to play only doubles when the US meets Switzerland in the Davis Cup final early next month. "1 am hoping just to play doubles. 1 have been playing
        108 words
      • 66 18 PRESTON, England Steve Davis, Jimmy White and John Parrott made their way comfortably into the quarter-finals of the UK snooker Championships on Sunday. Davis beat 10th seed Steve James 9-4. White put out Willie Thorne by the same margin. And Parrott completed a 9-2 victory over Dean Reynolds.
        66 words
      • 86 18 BUGIBBA, Malta Women's Lib broke into the male-dom-inated world of snooker late on Sunday when 27-year-old Linda Wiedijk of the Netherlands became the first woman to referee a world championship match. Wiedijk was unabashed when she took charge of a match involving Mario Geudens of Belgium
        86 words
      • 73 18 GEILO, Norway Triple Olympic champion Bjom Dahlie of Norway edged Jari Isomatse of Finland by seven seconds on Sunday to win cross-country skiing's freestyle season opener. Dahlie, the world's premier freestyle racer, covered the 15-km course in 34 minutes, 46 seconds. Vegard Ulvang of Norway, a classical-style
        73 words
      • 99 18 LOBOS, Argentina Argentine auto racer Roberto Jose Mouras was killed on Sunday when a tyre puncture sent his Chevrolet crashing into an embankment during a tourism class competition in this city, police said. Mouras, 44, was in the lead and racing at 240 kph when the
        99 words
    • 817 18 ATP Tour World Championship AP FRANKFURT Boris Becker celebrated his 25th birthday on Sunday by beating top-ranked Jim Courier 6-4, 6-3, 7-5 to win the US$2.5 million (Ss4 million) ATP Tour World Championship, the season-ending event. The 9,000 fans in Frankfurt's Festhalle greeted Becker's entrance
      AP  -  817 words
    • 468 18 Virginia Slims Championships Reuter NEW YORK Monica Seles overpowered Martina Navratilova in straight sets on Sunday to win the seasonending Virginia Slims Championships for the third consecutive year. "It's been a great season and it was a great way to end it," said Seles after
      Reuter  -  468 words
    • 259 18 AP AFP, Reuter CHESTER, England Spaniard Carlos Sainz left his world championship rivals trailing when he opened up a 20-second lead in the RAC round-Britain auto rally on Sunday. He was fastest in three of the nine timed tests on the 476.7-km
      AP; AFP,; Reuter  -  259 words
    • 374 18 AP, AFP LES SABLES D'OLONNE, France Fourteen sailors set out from France's Atlantic coast on Sunday on solo journeys around the world in the second Vendee Globe Challenge race. Hundreds of private sailboats and motorboats dotted the coastal waters off the
      AP,; AFP  -  374 words
    • 246 18 AP THOUSAND OAKS, California Davis Love 111 and Tom Kite teamed up to shoot a 13-under-par 59 in the scramble format to win the US$l million (551.63 million) Shark Shootout on Sunday at Sherwood Country Club. Love birdied the final hole
      AP  -  246 words
  • Page 18 Advertisements
    • 605 18 maruman golf classic 9g SINGAPORE PRO-AM TOURNAMENT To be held at THE KEPPEL CLUB on 25th November 1992. TEE-OFF PROFESSIONAL AMATEUR AMATEUR AMATEUR ""735 Daniel Lim (SGP) Lawrence Seow Goh Khenp Hong Wliom Lou 7.37 Lim IGon Km (SGP) Richard Ton MotlhewLui K.W. Lim 744 "lohnPanq (SGP) FrankEno EnoHweeMeng GohTheonHod
      605 words
    • 95 18 f Why are so many people going to the > Garden Hotel these days A generous poruon of Salad, Soup of the day and your choice of Airflown New Zealand Sirloin or Ribeye Steak with a choice of 4 different sauces (Or Half a Grilled Spring Chicken or Panfried Fish
      95 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3469 19  -  By S N Vasuki SHARE PRICES closed steady in Singapore yesterday although strong gains in the morning session were pared by profit-taking later in the day. The benchmark Straits Times Industrials Index ended 5.39 points higher at 1,419.21. "There was a strong
      3,469 words
    • Article, Illustration
      88 19  -  -By. Anthony Pang ALTHOUGH Kamunting has corrected downwards since jumping from about 50 cents to $1.24 in just two weeks, medi-um-term indicators still point to overbought conditions. The pullback last week, therefore, may not be the end of the stock's consolidation. Its close at the bottom of yesterday's
      SOURCE: BRIDGE INFO  -  88 words
  • Page 19 Advertisements
    • 85 19 BlancpaiN Since 1735 there has H|| yU®I And there never will be 4 m> lai^Singapore THE HOUR CLASS Lucky Plaia Tel *****201 Scotls Tel 2}*>527/7l<Wt Centrepoint Tel 7UISW6OI Peninsula Plaza Tel H7BW/JWVifti World Trade Centre Tel *****07 Palais Renaissance 7?}1262/">4? Rallies Tel H***** Changi Airport Terminal I (East GWest Wingsi
      85 words


  • 3569 21 NST 160 f 22 +6.5% KL Kepong 212 +14 +7.1% Shell 440 +12 +2.8% UMW 422 +10 +2.4% M Resources 108 +8 +-8.0% KL Industries 83'/? +7 +9.2% Landmarks Bhd 129 +7 +-5.7% Sateras Res 78'. j 4'/j +6.1% Perils Plant 396 4 +-1.0% Sel
    3,569 words
  • Page 21 Advertisements
    • 329 21 BUSINESS TIMES Toll free Tel No: 737 0043 Fax No: 734 3688 IN THE MATTER OF THE COMPAMES ACT, CAP. 50 HMTZ TUBER PTE LTO At an Extraordinary General Meeting of the members of H NTZ TMBER PTE LTD duly convened and held 6001 Beach Road •14-01 Golden Mile Tower,
      329 words
    • 282 21 ST. GEORGE INVESTMENTS (S) PTE LTD 11 Will any person, firm or corporation claiming to be a creditor of ST. GEORGE INVESTMENTS (S) PTE LTD, please submit such claim in writing, together with supporting documentation, to the auditors. If no claim is received within one month of the publication of
      282 words
    • 231 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TOMODACHI INSURANCE BROKERS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. SO, that a final meeting of the members of the abovenamed company will be
      231 words

  • BT SHARE INFORMATION SERVICE
    • 332 22 Company Date Year Group Net Net earnings Gross ann to profit/toss per share dividend ('000) (cents) Sateras Res Nov 13 Mar 92 M$2.111L($3.388L) I Pentex Nov 11 Jun 92 $641(J1.261) 15(29) 5IE(61E) Choc Prod Nov 9 Jun 92 M$4 439e($4.447e) 5(b) 10(10) P) Dev Hldgs Nov 9 Jun
      332 words
    • 157 22 Company Date Year Croup Hot Net earnings Cross ann to profit/loss per share dividend (000) (cents) Goodwood Park Nov 20 Sep 30 522.110(S22.137) 49(49) 35(45) HMsia Nov 20 Sep 92 57.523(5430) 45 6(2 6) 30(10) Tunes Pub Nov 20 Aug 92 524.168(535.903) 19 9(29 5) 10(10) AiSB Nov
      157 words
    • 169 22 Guthrie GTS Ltd: EGM at 41 Sixth Avenue, Singapore 1027, on Tuesday. November 24. at 11.00 am YTI Corporation Ltd: EGM at the Board Room. Lower Penthouse. Yeoh Tiong Lay Plaza, 55 Jalan Bukit Bintang. ***** Kuala Lumpur, on Wednesday, November 25. at 11.00 am FAI Insurances Ltd:
      169 words
    • 362 22 In local curr In SS in IS$ dy H yr dy S yr S dy yr No* 19 Index chge chge chge chge chge chge World 382.7 0.2 -6.3 0.5 -8.3 0.5 -9.1 JEAFE 446.4 0.2 -11.1 0.9 -14.5 0.9 -15.2 Europe 417.7 0.0 1.6
      362 words
    • 193 22 Company Date Half-year Croup Net Interim ann to profit/loss dividend (000) B Sembawang Nov 20 Sep 92 $23.517(58,909) 35(35) QAF Ltd Nov 20 Sep 92 $5,545(51.969) -(2 5) Summa Inv Nov 20 Sep 92 $1,350(5660) CK Tang Nov 19 Sep 92 $454($820) 3(3) Ha. Sun Hup Nov 19
      193 words
    • 829 22 Current Ex Boohs Date Total for Total for payment date dose payable the year last year MSB 5%(b) Jan 8 lan 22 Jan 29 5% 12% T Am* Steel 50c 12%(b> Nov 19 Dec 3 Jan 2 12% 12% r Art* Hdp 50c 6%(b) Dec 1 Dec 15
      829 words
    • 502 22 Company Rights Issue Aiance Ted) Three tor five (<* $100 per share Ex4ate Dec 10 Bks Close: Dec 22 Acceptance and Payment: NYA Guthrie GTS Oneforone $0 23 per share Ejulate: Nov 26 Books dose: Dec 8 Acceptance Payment: NYA iuong Enj One tor tive fc $210 per
      502 words
    • 452 22 Company Rights Issue Ami Sled One-tor-three MJ2 20 per share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscnption Rights (TSR) for an aggregate price of M$1 per CRPS with one TSR. on the basis of one
      452 words
  • 593 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5504 23 Bernama PROFIT-TAKING activity in the afternoon halted the morning's bull-run on the local bourse, leading prices to a mixed close in active trading yesterday. Selected component stocks ended off best, dragging the benchmark KLSE Composite down from an in-tra-day high of 645.78 marked
      Bernama  -  5,504 words

  • CHINA STOCK EXCHANGES
    • 410 24 CHINA stock prices were mixed yesterday with Shenzhen shares declining while Shanghai shares advanced. The All China Index produced by Credit Lyonnais Securities Asia (CLSA) ended down 18.21 points, or 1.23 per cent, at 1,457.18. The Credit Lyonnais index covers all 'A" and *B'
      410 words
  • JAKARTA STOCK EXCHANGE
    • 951 24 JAKARTA stock trading was sluggish yesterday, with most prices ending unchanged, and brokers said they expected the bearish sentiment to continue for the rest of the week. The official index ended 0.36 point lower at 288.52. Trading was active in the banking sector
      951 words
  • STOCK EXCHANGE OF THAILAND
    • 1973 24 Reuter MAJOR property firms gained strongly yesterday after heavy losses recently, but brokers said investors had not yet regained their full confidence following a crackdown on share manipulation. The SET Index rose 3.35 points to close at 875.07 on moderate turnover of 9.14 billion
      Reuter; Source: Bridge Info  -  1,973 words
  • Page 24 Advertisements
    • 188 24 YOUR very own hassle-free OECT^KN^W|GSmnC|j If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee ef ontg $259 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised research
      188 words

  • STOCK EXCHANGE OF HONGKONG
    • 541 25 Reuter SHARES finished with modest advances in dull trading after swinging between moderate losses and gains yesterday. The blue-chip Hang Seng Index put on 16.79 points to close at 5,894.97, while the broader All Ordinaries Index gained 12.67 points to 3,128.57. Turnover dwindled
      Reuter  -  541 words
    • 1881 25 Vol No* 23 HK$ High Low 000) PE ASM Pacific 1.680 unch 8.7 Allied Ind Infl 0.920 0.050 0.930 0.850 3526 11.6 Allied Oversea 0.610 unch 0.620 0.590 2149 4.8 Allied Ppt 1.160 -0.030 1.190 1.160 4748 5.3 Allied PptW93 0.750 -0.050 0.780 0.740 1492 na Amoy Properties 6.700 0.150
      1,881 words
  • 2063 25 Vol Nov 20 Yen High Low (*00) PE Ajinomoto 1300 unch 1320 1270 4960 79 Akai Electric 363 3 370 363 820 11 All Nippon Airways 1000 3 1020 987 5210 196 Amada 990 14 1000 980 3110 22 Asahi Breweries 1070 10 1100 1040 2870 92
    2,063 words
  • Page 25 Advertisements
    • 66 25 The Tokyo market was closed yesterday for a public holiday. Below are Friday's closing prices. JlfUiWllllim IllUiWf AMI II I I 111 II II I I I ■'Ml 111 II I I Find out in III! I HI I I I I w I■ I IHi VI f I Personal
      66 words

  • AUSTRALIAN STOCK EXCHANGE
    • 1991 26 Reuter AUSTRALIAN share prices closed sharply higher yesterday with the leading index notching up its biggest oneday gain since April 10, aided by heavy bargain hunting. Brokers said market leaders BHP and CRA were the most sought after stocks now that doubts surrounding banks
      Reuter; Source: Bridge Info  -  1,991 words
  • REGIONAL STOCK MARKETS
    • Rural NZ stocks surge in wake of Gatt news
      • 446 26 Manila No* 23 Peso +/-Vol (TWO) A.Soriano Corp 1.660 ABS-CBN 35.000 unch 65 Abra Mining Corp. 010 Alcorn Pet 029 -.001 ***** Alcorn Pet.-B .032 Anglo Phil-Oil A .010 Apex Mining A 008 unch 6000 Apex Mining B 008 -.002 3000 Atlas Cons A 12.000 -1.000 2 Atlas Cons B
        446 words
      • 401 26 THE New Zealand share market closed moderately higher yesterday, unreflective of the sharp rises in small rural stocks in the wake of the weekend's Gatt news. Private clients rushed into many smaller agriculture companies in early trade and prices then consolidated or retarded slightly. The NZSE-40 Capital Index
        401 words
      • 552 26 TAIWAN share prices reversed early gains to end slightly lower yesterday in moderate trade as investors took profits after recent gains, brokers said. The weighted index closed 25.82 points lower at 3,698.51. Turnover was NT$9.4 billion against NT$7.B billion. Brokers said that in the absence of news, investors continued
        552 words
      • 812 26 THE Seoul market finished higher yesterday in active trade with financial and bank shares leading the surge, brokers said. "Trading was very active today,'' said Kim Hong Sik of Shinhan Securities. "The government's move to cut state-controlled interest rates is good news that has left most of the financial
        812 words
      • 75 26 INDIAN stock prices rose yesterday as investors bid up prices in hopes that restrictions on trading imposed recently by stock exchange authorities will keep supply tight. But brokers said a con- frontation between securities houses and the Securities and Exchange Board of India (SEBI) over fees has investors worried.
        75 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 872 27 REPORTS THE US DOLLAR continued to benefit from uncertainty surrounding the ERM at the midsession yesterday in London following the devaluation of the peseta and escudo. The latter two seemed to be trading comfortably within their adjusted bands yesterday. But traders said
      872 words
    • 409 27 Crass rates Nov 23 I USS SS MS Dm Yen SFr A$ NZS USS 1.6370 2.5270 1.6130 124.30 0.6636 1.4550 1.4556 1.9305 SS 0.6109 1.5437 0.9853 75.9316 0.4054 0.8888 0.8892 1.1793 MS 0.3957 0.65 0.6383 49.1888 0.2626 0.5758 0.5760 0.7640 Dm 0.6200 1.0149 1 5666 77.06 0.4114
      409 words
    • 612 27 Interbank rates SS Bid Offer Overnight I 3/8 I 1/2 1-month I 5/8 I 3/4 2-month I 7/8 2 3-month 2 2 1/8 €tornii||it mode: 1-7/8 ISS Bid Offer 7 days 3 1/8 3 1/4 1 month 3 1/8 3 1/4 2 months 3 15/16 4 1/16 3
      612 words
    • 357 27 IHT PARIS It sounds like the beginning of a nifty detective novel, but so far nobody has solved the mystery: what were those guys doing in a burst of questionable transactions at the Chicago Board of Trade last month? Some observers
      IHT  -  357 words
    • 1088 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.01 96.00 96.01 958 7166 ***** Mar 93 96.11 96.12 96.10 96.11 3251 ***** ***** Jun 93 95.73 95.73 95.72 95.73 439 9274 ***** Sep 93 95.31 95.31 95.31 95.31 221 1351 4053 Dec 93 94.66
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  • Page 27 Advertisements

  • COMMODITIES
    • 356 28 AP LONDON Opec faces the unpleasant task of tackling a combination of chronic problems: weak oil prices and political squabbling among its members this week. Amid perceptions that a world oil glut is building up. Opec has seen prices slide
      AP  -  356 words
    • 254 28 Reuter SINGAPORE Prices for Malaysia's Tapis, Asia's benchmark crude oil, have slumped to nearly a sixmonth low under pressure from an oversupply of competing crudes and shrinking refiner profit margins. Tapis prices averaged U5521.05 a barrel last week, the lowest weekly average
      Reuter  -  254 words
    • 773 28 REPORTS THE price of tin ended 13 cents down at MS 13.99 a kg. matching the all-time-low of Aug 29. 1986. on panic-sell-ing after the market breached the important MS 14 support level, traders said. Initial bids were 15 tonnes against
      773 words
  • 1561 28 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 92 OOO 000 144.50 0 2.375 Jan 93 145.00 144.50 144.75 725 4.050 Feb 144.75 144.75 144.75 500 4.800 Mar 0.00 0.00 145.00 200 5.200
    1,561 words
  • Page 28 Advertisements
    • 102 28 WHAPS IN Find out in Personal Investment and Finance. Every Saturday in Business Times FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is
      102 words

  • 1288 29 City Flight ETA FHgkt ETD j Abu MuW GA887 1230 GA892 0100 GA893 1400 GA386 2340 Adolaldo QF81 1935 QF82 2050 Aawtardam KL838 0040 GA893 1400 GA892 0100 KL837 1515 SQ338 2300 SQ323 1815 A thaw* SQ348 2300 Auckland NZ35 1425 SQ288 2045 SQ286 2045 NZ36
    1,288 words
  • THE TRAVEL PAGE
    • 758 29  -  LETTER FROM CAIRO By Mimi Mann EGYPTIAN President Hosni Mubarak's government is getting tough with Muslim extremists whose attacks on foreign tourists threaten Egypt's top money earner tourism. Meanwhile, determined tourism officials travel the globe with the message that Egypt is safe for tourists.
      758 words
    • 150 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1193 1.1350 Canadian dollar 1.2622 1.2870 NZ dollar 0.8378 0.8550 Sterling pound 2.4566 2.4915 US dollar 1.6330 1.6400 Local dollars to 100 units of foreign currency Austrian schilling 14.47
      150 words
    • 100 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Dec 26- Valencia Valencia. Fena Mueslrarto *****6.11.00 Jan 20-23 British Education Bartoican EMAP Intl 071-*****47 Jan 3, International Spain Intcrnacional Training Centre, Exhibitions Ltd. 1993 Trade Fair De Valencia Technology London London Jan 7-10 Autosports Birmingham Haymarket
      100 words
  • Page 29 Advertisements
    • 40 29 Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
      40 words
    • 7 29 Advertising Marketing in Business Times every Thursday
      7 words
    • 36 29 MB Yesterday, Roberta Flack spoke about her romantic ballads and sentimental love songs. Today, Toto guitarist Steve Lukather talks about the group's current tour. In HELLO HELLO. On-line to the stars. m NEW, NEWS, NEWSY tISfSB
      36 words
  • Page 29 Miscellaneous
    • 267 29 7 Those who start such an f event never finish it (5,4) 1 I I 1 1 J 8 It's unusually early for bed ■■■"jßf" hHI 10 Game for a dance at the 1 10 I I I I I 1 11 Mokes assemble for the race 12 Fruitless, badly
      267 words
    • 157 29 Singapore Outlook: Cloudy, with intermittent rain. Report: Maximum temperature 27.9 Assoc humidity 83% Minimum temperature 24.3 Assoc humidity 98% Hours of sunshine 1.15 Rainfall in mm 5.5 Rainfall this month 481.7 Rainy days this month 17 World report Asia-Pacific Hi/Lo* Cond. Auckland 20/12 Cloudy Bangkok 32/23 Cloudy Beijing 09/-02 Clear
      157 words
    • 21 29 (SWTimt "I —rn fvrmd I'll n*veTo —U yToroggouJ.... J SOU TQ S>GN TH£, ipyre y_ft Tr \k TP®r CP ltd Ht;
      21 words

  • 432 30 IHT, Reuter, AFP PARIS The US economy is projected to grow 2.3 per cent next year and does not need any further stimulus to keep its momentum going, the Organisation for Economic Cooperation and Development said yesterday. The OECD, in
    IHT,; Reuter,; AFP  -  432 words
  • 334 30 AP MANILA Senators criticised Singapore Senior Minister Lee Kuan Yew yesterday for suggesting Filipinos should have less democracy and more discipline. They said his statement would encourage a return to one-man rule like that of the late Ferdinand Marcos. Mr Lee, addressing an annual
    AP  -  334 words
  • 320 30 Reuter NEW YORK The top economic adviser to US Pres-ident-elect Bill Clinton said on Sunday that he could not rule out a short-term rise in the federal deficit, or an increase in corporate taxes, to jump-start the economy. "President-elect Clinton's No
    Reuter  -  320 words
  • 243 30 Reuter, AFP HONGKONG China has demanded that Governor Chris Patten drop his plans for democratic reforms in Hongkong before it negotiates on the colony's future. But a spokesman for Mr Patten said the proposals remained on the table and denied rumours sweeping Hongkong
    Reuter,; AFP  -  243 words
  • 693 30  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT news editor THE recent decision to allow Central Provident Fund savings to be used to finance the purchase of private residential properties with 60 years of lease life
    693 words
  • 392 30 Proposals aim to dilute tough labour laws Reuter NEW DELHI The Indian government yesterday appeared to be heading for a showdown with powerful trade unions over plans to dilute tough labour laws. The Trade Union and Industrial Relations Bill, which the government hopes to
    Reuter  -  392 words
  • 477 30 IHT. Reuter FRANKFURT German lawmakers met on Sunday to debate a radical new industrial policy for eastern Germany and how to finance the plan by cutting spending in the west. Chancellor Helmut Kohl's newfound willingness to rescue major eastern German companies from
    IHT.; Reuter  -  477 words
  • Page 30 Advertisements
    • 345 30 fSingapore's most popular Nitsukoipj Telephone System r J~l Peat Marwick Management Consultants pte ltd ArTWO Seminar on Bangkok International Banking Facilities At Imperial Hotel, Bangkok 17th December 1992 (8.30 am to 5.00 pm) KPMG Peat Marwick Suthee Thailand, will be holding a one-day seminar on Bangkok International Banking Facilities (BIBFs)
      345 words
    • 17 30 Singapore com ft! Distributor of the most M sought after Key Telephone System Tel: 278 7088 J
      17 words

  • Shipping Times
    • 373 31  -  Visits by the Port Authority of New York and New Jersey and the Port of Melbourne Authority Stories by Dexter Lee SINGAPORE The Port Authority of New York and New Jersey is investing up to USSIO million (5516.5 million) to expand its railway terminal to
      373 words
    • 368 31 SINGAPORE We have changed for the better, the Port of Melbourne Authority deputy chief executive Daniel Hourigan told shippers and shipping lines in Singapore last Friday. Mr Hourigan, who was leading a delegation of four, told the local shipping community that waterfront reforms in Australia
      368 words
    • 402 31 BANGKOK NYK Shipping Service (Thailand) Co is gearing up to double its current 15 per cent market share next year by investing heavily in its operations in Laem Chabang. The company has built a new office at the Thai deepsea port
      402 words
    • 272 31 Reuter PUERTO DE PUNTA VENADO, Quintana Roo A joint venture between Mexican construction firm Empresas ICA and Vulcan Materials Co of the US has added a second ship to carry crushed limestone rock to US Gulf Coast cities. The five-year-old venture between the two
      Reuter  -  272 words
    • LOG BOOK
      • 101 32 SINGAPORE Sellers quoted bunker fuel around Friday's low levels as both shipowners and sellers were sidelined ahead of Opec's Nov 25 meeting, sources said. "Trading will be quiet over the next two days as everybody is awaiting direction from Wednesday's Opec meeting," said a
        101 words
      • 91 32 KUALA LUMPUR Universiti Utara Malaysia (UUM) and British Aerospace (BAe), an aircraft manufacturer, have signed a Memorandum of Understanding under which the company would provide educational support to the university. The MOU, worth M 52.3 million (551.47 million) for a three-year period from last July,
        91 words
      • 70 32 CAIRO The chairman of the Suez Canal Authority (SCA) Mohammed Adel Ezzat reported a 4 per cent increase in revenues from tolls paid on ships crossing the canal during the past 10 months. Total revenues in the period, Mr Ezzat s4id, reached US$l.6 billion
        70 words
      • 83 32 AMSTERDAM KLM Royal Dutch Airlines NV said it had sold its 35 per cent stake in French regional airline Air Littoral to Compagnie Francaise d'lnvestissement which is part of privately-owned airline Euralair. Terms were not disclosed. KLM said it decided to sell the stake, bought
        83 words
      • 79 32 SEATTLE Rescuers located a wrecked twin-engine plane on Sunday and reported none of the six people aboard survived its crash near Snoqualmie Pass en route to a college football game. King County Sheriffs deputies reported the pilot, his wife, their two teenage sons and another
        79 words
      • 67 32 PROVIDENCE, Rhode Island The overturned yacht of veteran sailor Mike Plant, who has been missing for more than three weeks, was located in the north Atlantic on Sunday, with no outward sign of life aboard, the US Coast Guard. A passing freighter spotted the hull
        67 words
    • 1064 32 Laem Chabang, Thailand's deepsea port on the eastern seaboard, is finally taking off. The port got on to a jerky start last year, plagued by inadequate links to the hinterland. But now larger lines are heeding the call to sail east Lloyd's Maritime Asia After
      Lloyd's Maritime Asia  -  1,064 words
    • 876 32 Page Col ABC Containcriine 12 I Accord Group 8 1-3 API. 5 3-5 Alpha Feeders 6 1 ANL 3 1/2 Asia Cont Lines 14 5 ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 9 4 Bait Orient Line 7 4/5 Bangladesh Shpg
      876 words
    • 9058 40 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
      9,058 words
    • 3294 45 A i*BC ontainerline NV: Belsin Shpg Agencies Pte Lid (SVManne Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,294 words
    • 259 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air txpms Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Citv-link International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies Sen ices
      259 words
    • 1467 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Act iv air Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo .Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74.
      1,467 words
    • 3416 46 ALBANIA Durres: 8 vessels in port of which 2 discharging bagged sugar. 1 rice in bags/pallets, 2 bulk wheat. 1 wine. 2 general cargo. ARGENTINA Labour working normally. Buenos Aires: Port quite with several general cargo berths available. San Ixxetua: 4 vessels in port of which 2 loading
      3,416 words
    • 556 46 ARRIVALS DEPARTURES Op High! I >pe ETA 1 From Op High! I>pe KID I lo TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 I TYO
      556 words
    • 288 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA LTD Putts of Calls Port Agent Telephone No NOVEMBER 19 30 Doulos 0900 1700 Sin-Phuket Jardine Shpg Agencies *****95 22 23 Asuka 0800 1200 Sin-Phuket NYK Agencies 295-0123 23 23 Seabourn Spirit 0800 1700 SE Asia Cruise Harpers Shpg
      288 words
    • 883 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Nichibu Maru: 65,125 dwt and built 1984 Namura; inspectable Japan Nov 15-17 delivery Far East by arriving thereafter, try US$l4.5 million. Co-op Express V: 58,074 dwt and built 1983 Namura; en route Sepetiba Brazil eta Dec 1; owners seeking best outright
      883 words
    • SHIPS IN PORT
      • 478 47 Vtssd Voy Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departire Jurong Port Or Express 1 07A/92 P088 alongside 2511/0/00 ASL 15/B TWO J2 alongside 2411/0300 Sri N Hua 3 2192 P04 alongside 23.11/2300 Bangpakaew J6 alongside 24.11/0200 Stonewall la CGC73* P01B alongSKle 23.11/1000 An 17/8
        478 words
      • 237 47 Johore Port Berth: 1: Gemki; 2: Seatran Silvia; 3: Heltcia; 4: Rich Star; 5: Pernas Sekoi; 6; Tokyo Bridge. 01 jetty: Inge Ben Aicha. DCJ: Kyoei Maru No 1. Due on Nov 23: Nand Ekta, Subur, Castor Gas, Aries. Barge Kuala Siak V, Barge Josindo Satu. Due on
        237 words
      • 1561 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabie Sip Voy No Containers avaiatote figer Star 42N COO(EST) 23.11.92 0700 Bimantara 2 04/NA 22.11.92 0710 Ms Asia Quin 9251 COO(EST) 23.11.92 0700 Z Barpetona 235£ 22.1192 0715 Takari IV 4 084 COO(EST) 23.11.92 1430 Marion
        1,561 words
    • 1077 48 DRY CARGO freight fixtures Friday held firm all round on short term vessel tightness and the Baltic Freight Index (BFI) rose 15 points at 1,263, brokers said. The BFI had risen 83 points last week after a 45point increase the week before and 24 the previous one. All
      1,077 words
    • 286 48 Mar 11-14, 1993: Japan World Resort and Cruise Fair '93, to be held at Pacific Centre, Yokohama, Japan, organised by The Seatrade Organisation. For further information contact Seatrade at 005-206-***** or fax 005-206-*****. On Request: Practical Pilotage Attachment course, organised by Singapore Port Institute. For course details and
      286 words
    • 613 50 South China Morning Post .HONGKONG Cathay Pacific has put a freeze on hiring all non-operational staff as the company fights rising costs and increasing competition. The airline is also scrapping automatic inflation increases and looking at relocating more of its
      South China Morning Post  -  613 words
    • 402 50 Reuter WASHINGTON The Bush administration is likely to consult with Presidentelect Bill Clinton before deciding whether to approve a controversial alliance between British Airways and USAir, a former Bush aide said. Speaking on television, former Transportation Secretary and White House Chief of
      Reuter  -  402 words
    • 458 50 Reuter LONDON New car sales in western Europe will fall by a further 3.5 per cent next year, but will start to recover in 1994, predicts market studies group DRI/McGraw Hill. DRI said it estimates annual sales in west European
      Reuter  -  458 words
    • 197 50 BEIJING China's aviation industry is forging closer links with foreign companies to develop its major domestic routes and its exports. Shanghai Aviation Industrial Corporation and the McDonnell Douglas Corporation are looking for further deals in the wake of a massive US$l.l billion (Ssl.B billion) contract
      197 words
    • 330 50 AFP CANBERRA A senior delegation from Chile arrives this week for trade and investment talks, with the establishment of a bilateral air services agreement high on the agenda, officials said yesterday. Foreign Affairs and Trade Department officials said the delegation
      AFP  -  330 words
    • 560 50 Reuter SEATTLE Transcripts from the flight recorder of a South Korean airliner shot down by a Soviet jet fighter in 1983 indicated a navigational error led to the disaster, experts at a symposium on the incident said. Russian President Boris Yeltsin released the transcripts,
      Reuter  -  560 words
  • Page 31 Advertisements
    • 19 31 Call of the eastern seaboard, Page 2 Cathay Pacific to freeze staff in bid to cut costs, Back Page
      19 words
    • 141 31 International Freight Forwarder EUROPE LCL 8c FCL Services c,iL @@O(i)Ooo M+R FORWARDING PTE LTD MORE WAYS WE KEEP YOU AFLOAT. Whether you want to invest in a vessel, or build a vessel some years and have managed to acquire an enviable reputation you'll find DBS Finance ready to lend a
      141 words

  • Page 32 Advertisements
    • 84 32 L o<y^> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional lode at successful small firms and
      84 words
    • 22 32 Ut** M 4 MTVICM rafTMHM Mirtiw «f tlw Registry «f Accrattri ftflHlVl S>n»r» a*— For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      22 words

  • Page 33 Advertisements
    • 2332 33 ■rr "B "'"-"i mm oocl (S) pte ltd jardine shipping agencies till#* *****11 *****09 AII!WW BOOKINGS TEL: *****34 *****58/ *****40 ■IRIV CFS (PSA F5) TEL: *****21/ *****79 P CflflflQ H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. I, A p ORT KELANG TEL: *****18 FAX: *****91 *****88 r. rn rr-?ir— PENANG
      2,332 words
    • 1233 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT muASC/j| UNITED ARAB SHIPPING CO.(SAG)! W To USEmtCamt ml/WW __BB ML —M >11— umm r 2/12 vn »/ji J/J| m mam m it/12 t»/«i 21/ M 22/ m nn v« v« mi am
      1,233 words
    • 1423 33 ■UIiV.HHHWH| I* WEEKLY DIRECT CALL TO NAGOYA SEALAND VOYAGER V.186E ETA SIN 30/11/92 ETA NAGOYA 11/12/92 I Vessel Voy ETA ETD Feeder by DESTINATIONS TNs <Mk Mc-Kinney Maarsk 9302 I cv 1/12 oaoo mrs HH UKM mm mm MM I* CFS 30/11 2399 MRS JOH LPK PEN OAK LGB MOO
      1,423 words

  • Page 34 Advertisements
    • 1386 34 R'OAM/ mm VOY NO S PORE JEDDAH S'HAMTON H'BURG ANT LE HARVE HMSAU HAMBURG EXPRESS 11/147 26/11 12/12 15/12 13/12 1. Ml NESTBOUN) HANNOVER EXPRESS 11/347 28/11 8/12 16/12 19/12 21/12 23/12 NOT KELAMB ft POMM KURAMA 19/148 3/12 19/12 22/12 20/12 CARGO TO UH/COffTVCNT FRANKFURT EXPRESS 65/348 5/12 15/12
      1,386 words
    • 493 34 FCL Breakbutk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul (or all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam a Mongolia Hungary CSFR e Poland ocT<§>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BAN JUL BISSAU-LUANDA-BAT A Feeder Vessel BTA §IN VILLE DE TITANA 27/11
      493 words
    • 1495 34 u«« 1 REGULAR INDEPENDENT FULL CONTAINER SERVICE _J_ LHA II CHMA SEA 239W 30/11 21/12 23/12 26/12 27/12 27/12 28/12 29/12 30/12 NORASIA AL-MUNTAZAH 9240-3 07/12 30/12 01/01 03/01 04/01 05/01 06/01 07/01 08/01- I NORASIA SAMANTHA 9241-3 15/12 05/01 07/01 10/01 11/01 12/01 13/01 13/01 14/01 I NORASIA anAW
      1,495 words

  • Page 35 Advertisements
    • 2010 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO DUt SAIS I 111 I fll 1 *>?T■ *i'i[MMUMgllill KRIS MADURA Vl2t KK. Skin. law 24 No. 25 Nov 27 Nov H■l""*■■■■■ RAJAH BROOKE V 221 Muti. lab 25 26
      2,010 words
    • 2674 35 m SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd I iVI W t illfll HI 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 s CR Number **********0Z EXPORT IMPOirr VESSEL VO* •MO *PKO MN ALO SOU ANT HOT
      2,674 words

  • Page 36 Advertisements
    • 684 36 HHB CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Kl VOT STORE RDM* MM HMG BREMEN ANTWERP MATARAM 33N6 13/12 15/1 20/1 25/1 2S/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to lnduc«m«nt. Alto accepting cargo to Casablanca, Port Said. Port Alexandria. Genoa, Trieste ALSO ACCEPTING CONVENTIONAL CARGO VIA
      684 words
    • 1531 36 HANJIN SHIPPING FOR VSL SM I LINE HAUL SEA VCR FDR VSL SM |UK HAUL S*V IM HTC FISHGUARD BAT 213« iO 11 HANJIN CHUNGMU 094E 25/12 26/12 FISHGUARD BAT 21» 30/11 H. SAVANNAH 0356 7/1 1/1 10/1 HANJIN CKJU O«9E 7/12 H MASAN 075t 30/12 1/1 HANJIN C*JU OI9C
      1,531 words
    • 1288 36 J J .TpJTT^HT^k Im scp use we kig pus mi osk ngi stu in lu ens ui nyc lhv im m w tw no cm nu I E GREET RE 039 24/1125/11 N/11 2/12 4/12 7/12 1/1210/1211/12 12/12 14/12 25/12 C/l 1/1 »/l 19/1 20/1 21/1 22/1 23/1 2/2 12/2
      1,288 words

  • Page 37 Advertisements
    • 1759 37 B SCX: NEPTUNE DIAMOND 09E' ETA SGP 25/11/92 II II ARRIVING LOS ANGELES 13/12/92 IN 17 DAYS. |1 II AEX; NEPTUNE AGATE 07E' ETA SGP 06/12/92 II ARRIVING NEW YORK 28/12/92 IN 22 DAYS. |B] BiNoAPomcAUFotuaACXPmss(scx) I TO PNW IiSA INL4NP POINTS I Tt> CALIfOftHU •US QULF IfflAMO POWT> ATLANTIC
      1,759 words
    • 1144 37 m 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 EASTBOUNP-MSCHAftaNC WKTBOUN)—LMON6 TMHSHTfED WA
      1,144 words

  • Page 38 Advertisements
    • 1678 38 K 4 W AS AGENTS: KAWASAKI SINGAPORE JPTE) LTD (CR No: **********0 M) V V TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 > M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I A JL MmJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
      1,678 words
    • 1088 38 PHIU ORIfNT UN€S PU LTD K 108 Robinson Road #07-00 GMG Building Singapore 0108 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 28 NOV SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 1 DEC AUCKLAND, WELLINGTON.
      1,088 words

  • Page 39 Advertisements
    • 1031 39 S&SSSSmmMM PACIFIC INTERNATIONAL LINES (PTE) LTD mm Km 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I BANGKOK ZD VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN KOTA SUBIA KSM6N 25/11 28/11 2/12 EQUATOR HAWK 7ON 28/11 28/11 2/12 EQUATOR CRYSTAL
      1,031 words
    • 1147 39 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: WEENA WONG/ NOELLE TAN TS CHOW/ YEA SHYUAN OR EAC TRANSPORT AGENCIES (M) SDN BHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG
      1,147 words
    • 289 39 °BSA° TRANSPORTATION MYANMA Wttk FIVE STAR LINE T (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.W| P« P«I HP MR VII4W In Tort PAGAN VI9OW 4/« DK HTONEYWA V274W 2/4 0* PAT*W VI2OW 2/5 0* NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE W RIVER MAJE RIVER NGADA V.50 V.50
      289 words



  • Page 42 Advertisements
    • 2336 42 Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Gian Shipping Sin BM Chung Chioo Shipping Sin Bhd P.T. Global Pntra Indonesia Maritime Costar Shipping Pte Ltd Simmg Fm«M Sort* C«rtre M. IW 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Flow. Jl IR H Juanda 111/14
      2,336 words
    • 309 42 SAMUOeU MDONESU PTE LTD IS McCALLUM STREET #03-01/ OS NATWEST CENTRE Singapore 0108 Trite R*****0 T«t *****81-3 Fax: 22S 4838, *****38 FOB bookings call direct uhe TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 949 In Pt 27/11 (FRO DASA SEPULUH 903 In Pi 27/11 (FRO DERAJAT 1009
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  • Page 43 Advertisements
    • 608 43 (fc FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIM ASSOL/PIREAUS 25/TI ROTTERDAM 25/TI HAIFA/ASHDOD/ALEXANDRIA 25/TI HAMBURG/BREMEN 25/TI MARSEILLE/FRANCE 25/TI FELIXSTOWE/UK 25/TI BARCELONA/SPAIN 25/TI LEHAVRE/ANTWERP 25/TI GENOA/ITALY 25/TI GOTHENBURG/SCANDINAVIA 25/TI LOS ANGELES/WC/IPI 29/TI SYDNEY/MELBOURNE 28/11 NEW YORK/EC 29/TI FREMANTLE/ADELAtDE 26/TI VANCOUVER 29/TI
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  • Page 44 Advertisements
    • 1505 44 GROUPAGE 1 (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 25/11 26/11 27/11 Hong Kong ldn/Fl*/Rdm/Ant/LHV 12/11 13/11 28/11 29/11 30/11 1/12 Hong Kong Gburg/Chagen/S'hofcn/Oslo 22/11 23/11 1/12 2/12
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    • 340 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN ML IYT SM PREMIER 21S 1/12 12/12 14/12 30/12 MU.BERA 30S 16/12 28/12 30/12 16/1 AUST STAR 84S 25/12 6/1 S/l 25/1 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER. WELLINGTON.
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  • Page 46 Advertisements
    • 137 46 UPLIVING IT: -as EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lighUy, but even when we don't, you'll know you re alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-Hying towel, or take
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  • Page 47 Advertisements
    • 38 47 r€e years Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Siit&iiiore Press Hoklit
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  • Page 48 Advertisements
    • 386 48 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SHGAPORE MANILA VIGOUR SINGAPORE 41NB 27/11/92 (FRI) 4/12/92 FROAYJUC MONDAY VIGOUR SINGAPORE 41ANB 30/11/92 (MON) 4/12/92 VIGOUR LUZON 6NB 4/12/92 (FRI) 11/12/92 I PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG ARKTIS GRACE 9225N 25/11/92 27/11 92 FIAOS 923
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    • 22 48 I iihl out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in i i Business l imes
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  • Page 48 Miscellaneous
    • 493 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 )R 26 2.3 19 1 4 1.1 10 1.1 15 21 28 32 32 29 24 18 12 0 7
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  • Page 49 Advertisements
    • 1091 49 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA PKE+ P6P+ SIN HTM ANT* LEH* HAM BREj FEL K FRONTIR 302W 27/11 27/11 27/11 29/11 11/12 11/12 19/12 19/12 19/12 22/12 H. COMMANDO 3011 V 4/12 4/12 4/12 6/12 29/12 29/12 30/12 26/12 26/12 26/12 SI FREEDOM
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    • 1070 49 OUR USA h iSv im rrr is r i*" r service calls mi —i **ii 2*7ii~ *m»TOi wciniT 2s-2*/n li/u u/u ua7 u/i? 1*717 u/12 Irnilinj SINGAPORE MMU Mil ¥.*ll 11/17 »UJMT« Cai—g I.IMM 1241/12 21/12 21/12 21/12 21/12 23/12 25/12 2«/12 »/12 DIRECT EVERY MMUMMM VJ» M/ 12 MUMtOi
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  • Page 50 Advertisements
    • 94 50 Every Saturday In Business Times .:;-x|£ < v "V- .J< fH v 1 lv/ r ~v-;- J *j */v: '/".'-'V •<''•• v>*. A <*'v •'>,••*.« <*?-.\ ''V v i ••>., v A *7 j '•>-**" v v ">vv\-• y.y I. I > •'••>'•->. < J 1/ J. t i i
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    • 5 50 Every Saturday in Business Times
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