The Business Times, 3 December 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Thursday, December 3, 1992 75'
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  • NEWS SUMMARY
    • 76 1 BRUSSELS The European Commission yesterday said it estimated that economic growth in the Community could be as low as 1.1 per cent in 1992 and remain within the range of 1.0 to 1.5 per cent in 1993. In a document to
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    • 38 1 TOKYO Nomura Securities Co, the world's largest brokerage, yesterday said Wednesday it would eliminate 1,400 jobs over three years to help cope with the nation's business and stock market slump.
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    • 45 1 WHILE some Singapore investors have halted their search for property bargains Down Under, others are pressing ahead. Two deals were recently signed. Both were purchases of hotels by a the Swan River for more than As 4 million (554.4 million) each Page 2
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    • 44 1 AN economic triangle is shaping up in Malaysia's Klang Valley. The triangle linking Kuala Lumpur with Sepang to the south and Port Klang to the west will have the largest international air as well as sea ports in South-east Asia Page 3
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    • 38 1 LITTLE INDIA'S 28 unrestored shophouses attracted a record 364 bids or an average of 13 bids per unit when tender closed yesterday. Seven of the shophosues drew bids drew of $1 million and above Page 3
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    • 42 1 KHMER ROUGE guerillas took six United Nations peacekeepers hostage in central Cambodia yesterday, a UN spokesman said. The local Khmer Rouge commander who took the peacekeepers hostage believed they were spying for the Phnom Penh government Page 8
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    • 21 1 THE Bush Administration has accused China and Taiwan of manipulating their currencies to gain unfair advantage Page 9
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    • 32 1 MEMBERS of the Europe Asia Trades Agreement (Eata) have taken a tentative first step towards easing the overcapacity problem on the eastbound Europe-Far East trade. Shipping Times Page 1
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  • MARKET SUMMARY
    • 31 1 WALL STREET stocks turned lower yesterday after profittaking erased a firm start. The Dow Jones, after touching a high of 3296, reversed course to fall to 3288, down six.
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    • 29 1 LONDON share prices were lower at mid-day yesterday. At 1230 GMT, the Financial Times-Stock Exchange 100share index was down 13.4 points, or 0.4 per cent, at 2,778.6.
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    • 36 1 THE Salim and Kuok groups have emerged as the backers behind two companies which last week bought a combined stake of 24.78 per cent in marine engineering company Van Der Horst Ltd Page 4
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    • 38 1 BRUNEI-backed QAF Ltd will boost its regional and international food and retail businesses in a bid to make it "a food group to be reckoned with", says group managing director Wong Fong Fui. Page 4
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    • 48 1 THE Indonesian Soeryadjaya family's Astra car distribution business reported a sharp fall in profit for the first nine months of this year. Net profit for January-September slipped to 52.9 billion rupiah (5546.7 million), against 188.6 billion rupiah in the same period last year Page 5
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 689.55 -0.92 Kuala Lumpur 641.51 +4.28 Tokyo 17,393.68 +80.64 Hongkong 5,411.65 -90.06 Sydney 1,438.5 -5.8 Tuesday Change New York 3,294.36 -10.8 London 2.792.0 +13.2
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    • 23 1 Exchange rates USS SS 1.6340 100 Yen SS 1.3151 MS SS 0.6434 Money market rates Overnight 1/4% +1/8 3-month 2 1/8% -3/16
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    • 36 1 London Gold AM fix USS335.10 US$0.50 ffidihw S'pore Dec 146.00«/kg +1.25 M'sia Jan 223.00'/kg unch KL Tin Turnover 16tonnes -29 Spot MS 14.07/kg +0.05 Crude palm ofl Turnover 954 lots -767 Dec MS935 /tonne 3
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  • 569 1  -  Poll on Dec 19; Goh stays on as PM in interim By Chuang Peck Ming SINGAPORE The muchawaited by-election, Singapore's first since the 1981 poll in Anson, will be held on Dec 19 at Marine Parade GRC the Prime Minister's constituency. Goh Chok
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  • 514 1  -  Joint venture with Thai Petrochem being firmed up By Loh Hui Yin SINGAPORE Cash-rich Singapore Petroleum Company, which has been on the lookout for business opportunities in the region, is firming up a joint venture in Thailand. One of the projects
    514 words
  • 430 1 Compiled by staff from agency reports HONGKONG China warned Hongkong Governor Chris Patten yesterday against underestimating its might as he pressed on with democratic reform plans in spite of Beijing's stern disapproval. A local Beijing-controlled newspaper demanded that Mr Patten drop his plans and
    430 words
  • 148 1 SINGAPORE The Singapore economy will do better next year with growth exceeding 6JS per cent —if there is sufficient global economic recovery, according to the Washington-based consultancy Business Environment Risk Intelligence (Beri). In its Nov 25 country report on Singapore, Beri predicted
    148 words
  • 426 1 AFP, Reuter. HANOI China signed four accords with Vietnam yesterday and pledged to provide Vietnam with a US$l4 million (5522.8 million) soft loan in the first economic aid from China to its smaller communist neighbour since the Vietnam War. The modest loan came
    AFP,; Reuter.  -  426 words
  • Page 1 Advertisements
    • 286 1 CaS36ttB R6CBT/W C So^*6S FUJITSU TEN AMATEUR PHOTO STORES PTE LTO. Singapore Phone. *****33 Kaala Lumptr Phone. 757 0233 Pmm«: Phone. *****5/619 014 Jakarta: Phone. 374 065/*****72 Ad Marketing 16.17 Jkt/Bkk/Owa Stocks 25 Unrt Trusts 22 Aircraft Schedule 31 KLSE 23 Weather 31 CommoditKS 30 Money Changer Rates 31 World
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    • 14 1 Editorial: High noon in Hongkong, Pg 10 Analysis: When public opinion falters, Pg 11
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    • 97 1 I A RODENSTOCK Hock Lock Siew: Fake scrip A little prudence would have gone a long way, Pg 4 HSB^ii BRUNC^AGLI sol( 1 Mortei Mofkcttng MM Hi 717 »outlque»: Cennepolnt Ml -JOTel 737 45W 'Paragon By Sogo #01-19 W: 734 9935 Open Doily (torn 10 OOom to 8 OOpm Vu
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  • PAGE 2 NEWS
    • 507 2  -  By Colin Tan SINGAPORE While some local investors have halted their search for property bargains Down Under, others are pressing ahead. Cecilia Wee, the wife of Singapore's former Chief Justice Wee Chong Jin, has signed a deal to buy a historical hotel on
      507 words
    • 399 2  -  New requirements to be effective from June next year By Dexter Lee SINGAPORE Car owners will have to satisfy stiffer requirements when they send in their cars for inspection from June 1 next year. The Registry of Vehicles (ROV) announced yesterday that the stiffer
      399 words
    • 287 2  -  By Soh Tiang Keng SINGAPORE Insurers face about $1.5 million in claims from last week's Sembawang Shipyard tanker fire which killed five Malaysians and injured 17 other foreign workers. Most of the money about $1.24 million will be claimed through workers' compensation, insurance
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    • 32 2 Corrections clarifications IN yesterday's BT report "Telecom launches new services", numbers in the revised Local Toll-Free System will start with 1800 and not 800 as reported. We are sorry for the error.
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    • 113 2 Photo by Arthur Lee SINGAPORE One may ask what ballerinas, winged horses and mythical mist-breath-ing beasts have to do with Christmas. But they landed Paragon by Sogo the top prize in this year's Best Decorated Building Contest. Local artist Ong Kim Seng, who was the judge
      Photo by Arthur Lee  -  113 words
    • 398 3  -  Reports by Yang Razali Kassim in BANGKOK AN economic triangle is shaping up in Malaysia's Klang Valley which, when fully developed by the end of the decade, could be one of the most robust areas in the region. Dr Lee Boon
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    • 451 3 BANGKOK A tripartite agency involving Singapore, Malaysia and Indonesia must be formed to manage the Sijori; growth triangle and steer it against competition from the.tast-emerging economic in Southern China. This proposal was made at the International Conference on Managing the MegaUrban Regions of
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    • 271 3 AP, AFP KUALA LUMPUR Alcatel of France has won a Ms4so million (about Ss29o million) contract to install 800,000 telephone lines for Telekom Malaysia. The French Minister of Industrial and External Trade, Dominique StraussKahn, said at the end of a three-day visit here yesterday
      AP,; AFP  -  271 words
    • 430 3  -  By Colin Tan SINGAPORE Though Little India shopkeepers have claimed that business is slack, 28 unrestored shophouses there attracted a record 364 bids or an average of 13 bids per unit when a tender for them closed yesterday. Figures released by the Urban Redevelopment
      430 words
    • 320 3  -  By Teh Hooi Ling SINGAPORE Electronics giant Sanyo Electric Co intends to pump another $4 million into its 10-month-old battery-making subsidiary in Batam. Two-thirds of the money will be used to expand Sanyo Energy Batam Corporate's capacity to produce nickelcadmium
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  • Page 2 Advertisements

  • Page 3 Advertisements
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      176 words

  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 65 4 KUALA LUMPUR The construction cost of Mega First Corporation Bhd's development project in Bandar Baru Salak Tinggi has been estimated to be MS22O million (S$ 141.5 million) over a period of seven years. In replying to a Kuala Lumpur Stock Exchange query, the company said the
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      • 42 4 SINGAPORE Rashid Hussain Bhd has appointed Ooi Sang Kuang as a director. Mr Ooi, formerly the head of research and executive vice-president of research at the Malaysian stockbroking firm, had previously worked at Malaysia's central bank, Bank Negara.
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      • 71 4 KUALA LUMPUR Chin Teck Plantations Bhd yesterday announced an 81.1 per cent jump in pre-tax profit to M$ 12.86 million (SsB.3 million) for the year ended Aug 31, 1992, from M 57.10 million previously, thanks to improved palm oil prices. Releasing its unaudited results, it
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      • 88 4 KUALA LUMPUR Concrete Engineering Products Bhd has entered into an agreement to subscribe for 2.8 million new ordinary shares of Msl.oo each or 28 per cent of the proposed enlarged issued and paid-up capital of Toroya Sdn Bhd for a cash consideration of MS2.B million
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    • 246 4 Bernama KUALA LUMPUR The Malaysian Industrial Development Finance Bhd (MIDF) group turned in impressive results for the half-year to Sep 30, 1992, with pre-tax profit jumping 37 per cent to M 548.9 million (5531.3 million). The pre-tax profit, which is 66.8
      Bernama  -  246 words
    • 336 4  -  Combined stake of 24.78 pc acquired By R Sivanithy SINGAPORE The Salim and Kuok groups have emerged as the backers behind two companies which last week bought a combined stake of 24.78 per cent in marine engineering company Van Der Horst
      336 words
    • 206 4 Bernama KUALA LUMPUR A total of 311 bumiputra firms have been dropped from the Ministry of International Trade and Industry's list of companies eligible for shares offered by companies going public, the Dewan Rakyat was told today. Deputy Minister Chua Jui Meng said
      Bernama  -  206 words
    • 276 4  -  By Sylvia Wong SINGAPORE L&M Group Investments Ltd, which is going through a restructuring under its new management, has named Liew Mun Leong, former chief executive of Sisir, a director of the company. His appointment follows that of Kuik See Juan, a former director of Bonvest
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    • 328 4  -  Only 300-odd applicants not successful By Teh Hooi Ling SINGAPORE All but 300 applicants for shares of Powermatic Data Systems have been successful. Underwriter ABN Amro (Asia) has distributed 78 per cent of the 10 million shares offered to 3,385 investors each getting 10,000
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    • 106 4 MBT KUALA LUMPUR Lion Land Bbd (LLB) will be developing a comprehensive residential and commercial project costing ofer Ms2Bo million (SslBoi million) in Kbmg. This wUI be'ljjLß's first jmmnerdal devekjjtnent as it R currently invofned only in residential and property projects.*^ The proposed commercial complex
      MBT  -  106 words
    • 563 4  -  By Genevieve Cua SINGAPORE Bruneibacked QAF Ltd will push its regional and international food and retail businesses in a strategy to make it "a food group to be reckoned with", says group managing director Wong Fong Fui. Mr Wong said the group
      563 words
    • 562 4  -  THE HOCK LOCK SIEW COLUMN By, Amy Balan SINGAPORE The Malaysian authorities must have have heaved sighs of relief. Six hundred forged share certificates that surfaced were traded not through the Kuala Lumpur Stock Exchange but through Clob
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    • 392 5 Jan-Sep profit fell to 59b rupiah from 188b last year SINGAPORE Indonesia's Soeryadjaya family received more bad news yesterday its Astra car distribution business reported a sharp fall in profit for the first nine months of this year. Net profit for JanuarySeptember slipped
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    • 251 5 Reuter NEW YORK Smith Barney, Harris Upham Co said on Tuesday that it will buy a 20 per cent stake in Asian brokerage HG Asia Holding Ltd. Smith Barney, a subsidiary of financial services company Primerica Corp, r said it will issue
      Reuter  -  251 words
    • 243 5 South China Morning Post HONGKONG Henderson Land Development, the listed flagship of Hongkong tycoon Lee Shau-kee, has taken a 55 per cent stake in a US$l5O million (*****.5 million) joint venture to develop telecommunications systems in Beijing. The project is the company's
      South China Morning Post  -  243 words
    • 420 6 Reuter AUSTIN, Texas Dell Computer Corp has launched a fully upgraded line of topperforming personal computers, saying the new products' sales could top USSI billion (551.64 billion) next year in the US alone. In what the company described as its biggest
      Reuter  -  420 words
    • 204 6 Reuter NEW YORK International Business Machines Corp and Sears, Roebuck A Co launched a new venture in the computer-networking business on Tuesday that promises to generate US$l billion (551.64 billion) of new sales within a year. Advantis, a partnership controlled by IBM's subsidiary.
      Reuter  -  204 words
    • 387 6 NYT NEW YORK This could be-*! banner-vear Jar exeatTo avoid the higher taxes that Mr Clinton has vowed to slap on their multi-mil-lion-dollar pay packages, corporate executives are figuring ways to reap pay and benefits this year instead of next, said
      NYT  -  387 words
    • 178 6 Smith Nephew sells Nivea to Beiersdorf Reuter LONDON British healthcare and household group Smith Nephew pic said it had agreed to sell its Nivea hand cream business to German group Beiersdorf AG for £46.5 million (Ssl 14.8 million) cash. Smith Nephew and Beiersdorf said they believed the success of Nivea
      Reuter  -  178 words
    • 353 6 MARKET WATCH Reuter NEW YORK The recent rally in US stocks is getting over-extended, but technical analysts said it was not in danger of a major correction in the near-term. Solid breadth and volume statistics, combined with favourable interest rates,
      Reuter  -  353 words
  • Page 4 Advertisements
    • 326 4 KLSE: Confidence returns 23 Thai shares rally 25 r iMPI POWERMATIC DATA SYSTEMS LIMITED (Incorporated in the Republic of Singapore) INVITATION IN RESPECT OF 17,000,000 NEW SHARES OF Sso.lo EACH COMPRISING 10,000,000 OFFER SHARES AT 550.45 PER OFFER SHARE BY WAY OF PUBLIC OFFER AND 7,000,000 PLACEMENT SHARES AT 550.47
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    • 4 4 Hot Stock, Pg 20
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  • Page 5 Advertisements
    • 135 5 Make Impressions Create Expressions I I -:4f- f^L*. OUR NEW REGIONAL FREIGHTER SERVICES TAKE IN MORE OF ASIA. f-l Singapore Airlines Cargo now has a 8737 freighter that is exclusively dedicated to serving Asia. With this regional freighter we offer capacity to Ho Chi Minh City, Phnom Penh, Hong Kong,
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  • Page 6 Advertisements
    • 192 6 i| Step into the future at Empire JO Tower. A unique 61-storey office n tower which forms part of City rj I Square Centre. Within a metro- polis that also integrates City Square Shopping Complex and Crown Princess Kuala Lumpur. :'M|P A high-powered address that provides every conceivable convenience to
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  • FINANCIAL NEWS
    • 292 7  -  By Shoeb Kagda SINGAPORE In its second regional joint venture in eight months, GE Capital Corporation has teamed up with Malaysia's UMW group to form a financial services company. GE Capital will take a 49 per cent stake in the company's existing financial
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    • 454 7  -  By Soh Tiang Keng SINGAPORE A new round of talks between the Singapore International Monetary Exchange and the Tokyo Stock Exchange on tighter control of Nikkei futures trading has been put off to early next year. The talks were originally scheduled
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    • SMALL CHANGE
      • 72 7 TOKYO A senior Ministry of International Trade and Industry (Miti) official said the use of public funds is necessary to help financial institutions dispose of their huge volume of problem loans, Japanese newspapers reported. The Miti official said on Tuesday that the
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      • 52 7 MANILA The Philippine Central Bank will ease monetary policies slightly next year. Bank governor Jose Cuisia told a press forum yesterday that preliminary estimates indicated that a 13.8 per cent expansion in money supply would be needed to attain the targeted growth rate of 4.0-4.5
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      • 52 7 KARACHI Citibank has set up the first private sector finance company in Pakistan to tackle the country's housing problem, bank officials here said yesterday. The Citibank Housing Finance Company, with a capital base of about US$4 million (556.4 million), will formally start its operation in Lahore
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      • 53 7 TAIPEI Taiwan's International Commercial Bank of China (1CBC) has obtained Taiwanese government approval to establish a representative office in Vietnam, the Monetary Affairs Bureau said yesterday. ICBC vice-president James Yuan said the bank would apply to the Vietnamese government to set up the office in Ho
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    • 346 7 South China Morning Post HONGKONG China's four biggest oil ministries have joined forces to set up in oil exchange in Nanjing that, for the first time, involves futures trading. When it begins trading in March, the Nanjing Petroleum Exchange (Nanpex), based
      South China Morning Post  -  346 words
    • 137 7 Reuter SEOUL South Korea's central bank, the Bank of Korea, has said it opposes widely expected cuts in the rediscount rate and some stateregulated interest rates. "We are against any move to artificially lower interest rates," a senior bank official said on Tuesday. He
      Reuter  -  137 words
    • 255 7 Reuter LONDON Germany is unlikely to cut interest rates before March and would only do so if it considered wage levels and public spending sufficiently low, according to Helmut Geiger, president of the German Savings Banks and Giro Association. "By March at
      Reuter  -  255 words
  • Page 7 Advertisements
    • 165 7 L TT *ffir^' a Sl.Cn»-- J H H^Bk. > T*',sv R||l^_ He grew up on beluga caviar and Bizet's Carmen. He had a champion King Charles spaniel and a '52 roadster named Wanda. He had Europe at his feet and the world at his door. But he never had a
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  • THE REGION
    • NOTE BOOK
      • 90 8 SINGAPORE The Thailand government's oil exploration arm expects to conclude a production sharing agreement early next year to begin exploring in an offshore area jointly administered with Malaysia. "We are going to conclude PSC terms in a few months," Viset Choopiban, president of
        90 words
      • 95 8 CANBERRA Prime Minister Paul Keating yesterday said Australia's economic growth must be increased further. "The national accounts figures showed recovery is well underway in Australia and we have been growing at an annual rate of around 2 per cent for four quarters," he said. "However,
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      • 69 8 MANILA The Philippines yesterday urged the US to declare its support for a dialogue on the disputed Spratly islands, and assist in their joint exploration to help a settlement among the six claimants. Foreign Secretary Roberto Romulo also said Washington should clarify whether it would come
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      • 85 8 MANILA President Fidel Ramos yesterday ordered all government agencies to immediately reduce electricity consumption as six-hour daily outages continued to cripple the country's main island, Luzon. Mr Ramos issued a memorandum ordering all government offices to cut power consumption by 10 per cent and
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    • 353 8 Thais vow to protect trade from Cambodian sanctions AFP, Reuter PHNOM PENH Khmer Rouge guerillas took six United Nations peacekeepers, including three Britons, hostage in central Cambodia yesterday, a UN spokesman said. The peacekeepers were travelling aboard a boat from the disputed provincial capital
      AFP,; Reuter  -  353 words
    • 282 8 BANGKOK The US will not impose punitive trade measures against Thai exporters over the next six months, pending action by the Bangkok government on solving human rights issues at home, a local newspaper reported on Tuesday. The Nation quoted an official from the Commerce
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    • 216 8 Reuter SYDNEY Australia is in danger of missing out on a multi-billion-dollar wave of growth in South-east Asia unless it moves fast to boost investment in the region, Foreign Affairs and Trade Minister Gareth Evans said yesterday. "Although our exports to this
      Reuter  -  216 words
    • 264 8 Poll shows lack of faith in structure of govt Reuter MANILA Most Filipino businessmen agree with Singapore Senior Minister Lee Kuan Yew that the country needs discipline more than democracy, the Philippine Chamber of Commerce and Industry said yesterday. A survey of delegates
      Reuter  -  264 words
  • Page 8 Advertisements
    • 148 8 This is Another Cheap Computer Ad If you are looking for cheap computers, please ignore this ad. But, if you are looking for an intelligent computer that delivers picture-perfect graphics, integrated high-performance video, unsurpassed speed and performance, take a look at AST's newest Bravo 3/33s computer system. Because we know
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    • 74 8 Focus: UN plus In danger of falHag to pieces, Pg 14 MAKE YOUR UNWANTED ITEMS DISAPPEAR LIKE MAGIC! Want to turn your castoffs into cash? You don't need to do the trick. All you need is a classified ad. Cefl us today to place your ed and put me process
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  • THE WORLD
    • 491 9 AP WASHINGTON In parting shots on foreign trade, the Bush Administration has accused China and Taiwan of manipulating their currencies to gain unfair advantage. The administration predicted on Tuesday that a -sluggish world economy •would send America's trade rising rapidly this year Tsnd
      AP  -  491 words
    • 263 9 AFP LONDON British Eurosceptics looked as though they could force a national referendum on the Maastricht Treaty on Tuesday, after fierce debating on the first day of the Maastricht Bill's second House of Commons reading. Deputy Commons Speaker Michael Morris told Eurosceptics demanding a
      AFP  -  263 words
    • 259 9 Reuter BONN German parliamentarians, who were scheduled to ratify the Maastricht Treaty yesterday, are imposing parliamentary controls on German policy towards the European Community. The treaty on European political and economic union was certain to be passed in the Lower House,
      Reuter  -  259 words
    • 306 9 Reuter WASHINGTON The US, which last month threatened a trade war to get Europe to pledge to trim its farm subsidies, will spend more on subsidies next year to offset a price-depressing crop glut, officials said on Tuesday. At their annual Outlook
      Reuter  -  306 words
    • WORLD WATCH
      • 48 9 PAZARIC, Bosnia-Herzegovina A 10-year-old autistic boy at a mental hospital three kilometres from Serb frontlines huddling in a blanket against the chill of his room. The British Army UN contingent sent blankets, heaters and cooking equipment to the almost unheated asylum on Nov 29.
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      • 42 9 KARACHI, Pakistan A senior Pakistan trade official said foreign investment has risen sharply. The net inflow of direct foreign investment increased to US$343 million (Sss6i .5 million) in fiscal 1991/92 (July/June), compared with US$246 million in 1990/91.
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      • 70 9 $EOUL South Korea's Consumer Price Index was 4.4 per -cent up on the year in November compared with a year-on-year rise of 9.7 per cent in November 1991, preliminary figures released by the government's Economic Planning Board (EPB) showed. But the CPI
        70 words
    • 246 9 NYT 'BRUSSELS The European Commission said yester- day it was "shocked" at Monday's imposition by the US of provisional countervailing duties on flat-rolled steel from six EC countries, accusing Washington of flouting international trade rules to protect its steel market. But
      NYT  -  246 words
  • Page 9 Advertisements
    • 220 9 f THE ART OF PERFORMANCE L* v \w j <' i Singapore Dance Theatre brings the magic and wonder of 'The Nutcracker' to Singapore this Christmas by staging this much-loved ballet, as its first full-length production. Staged from 3-6 December 1992, B.oopm, Kallang Theatre, SDT's 'The Nutcracker' begins a Christmas
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  • 491 10 EDITORIAL THE stand-off between Hongkong Governor Chris Patten and the Government of China is threatening to become dangerous as in the Wild West, with two antagonists facing each other, hands on holsters. The threatened showdown has already shaken business confidence in the colony and investors have
    491 words
  • WHAT THE OTHERS SAY
    • 273 10 THE Soviet Union, East Germany, Yugoslavia and, by New Year's eve, Czechoslovakia. All gone dispersal effects of an end to an epoch, the Cold War. The subsuming of North Korea in another political unification within this decade is possible as China, a patron, is keeping
      273 words
    • 99 10 THE unveiling of three new, large hospitals with state-of-the-art technology, Tan Tock Seng, Kandang Kerbau and Eastern, is a boost to Singapore's health care system. It would also enhance Singapore's reputation as the region's top health care centre. From the outset, the government has made it crystal
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    • 99 10 NEONAZISM and fascism may be an averse political current encouraged by a small group of people in Europe, but these elements may spread like a fierce virus if left unchecked. The German government has vowed that it will take strong action against neo-Nazi activities and it
      99 words
  • REGIONAL VIEWPOINTS
    • 158 10 HOW much of the government's answers and explanations were persuasive in the eye of the public? Not surprisingly, the interim report on the Tokyo Sagawa Kyubin scandal and the intensive discussion on the case at the Budget Committee of the House of Representatives have shown that
      158 words
    • 176 10 IN A sharp escalation of its diplomatic offensive against Governor Chris Patten, China yesterday warned that all leases, contracts and agreements signed by the Hongkong government would cease to be valid after June 30, 1997. By far the strongest statement since Hongkong and Macau Affairs Office director Lu
      176 words
    • 173 10 GIVEN the comparatively low incidence of full-blown Aids cases and HIV carriers in Malaysia, the question could well be whether the Malaysian government is overreacting to the situation. Statistics show that a growing number of Malaysians are contracting Aids and HIV, the precursor to Aids. To date,
      173 words
  • 793 10  -  Andrew B Brick focuses on the signals that the United States is sending out this week to both Taiwan and China Andrew B Brick The writer is senior analyst for Asian Affairs at the Heritage Foundation IHT US TRADE Representative Carla Hills arrived in Taipei on
    IHT  -  793 words
  • Page 10 Advertisements
    • 236 10 ZENITH DATA SYSTEMS DESIGNED FOR PERFORMANCE, QUALITY AND AFFORDABILITY. To those in the know. Zenith Dete Systems skilfully epproech modern-day computing with a fine-tuned sense of design and innovation. Yet combining high performance and creative versatility. In fact we're so good at what we do that we've been voted: TartaH*
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  • Page 10 Miscellaneous
    • 34 10 POONESBURY garry trudeau T APfW&my. HI, JOAN/3. AFftAIP NOT. I 7H&&ANY UNPO&C&WV. lOOUL H&6PMEON& serine CALL. NOP&. icAtrruN&R- I MJ&AP- thzpckep FROM Hen OF AN 16T* PIP iOU, STANPfT. I Poff{TM&f7s UHU&LFROM ACCOUNT- INTEW£*J._
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  • ANALYSIS
    • 1114 11  -  Stephen Vines analyses the dwindling support for Hongkong Governor Chris Patten's reform package Stephen Vines The writer is a Hongkong-based journalist whd contributes to BT HAS Hongkong Governor Chris Patten become a shooting star, burning bright for a few glorious moments before dissolving into thin air?
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    • 706 11  -  An economically and militarily stronger China is making its neighbours uneasy, writes Michael Richardson Michael Richardson IHT THE acquisition by China of modern weapons that will enable it to project power deep into South-east Asia is causing increasing unease in the region, prompting calls for Beijing to
      IHT  -  706 words
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  • Page 12 Advertisements
    • 589 12 M Nothing Beats A Bud. B W 7r>c U^KS^^StV 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 ■V. Moni-r>c«* Havelock Road. Singapore 0316. Td: 733 0011 K Mfv«l Of CW HOTELS £mstivem^\
      589 words
    • 311 12 WHERE TO WINE, DINE... JOM THE WSHEKS AND HAVE A Mil 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
      311 words
    • 260 12 Guess Hurt's jt&osanfo @jgj&' this Christmas? r UB t KWS, We serve the world to you at Top of the M G//mdm* UU C f'rw~ 111 Orchard ttoad S<mi|in r0»31 W TI7MII V V FREE! use of KTV rooms* at the Coleman's Lounge with a minimum expenditure ofs2oo~ fW*f' W
      260 words
  • Page 12 Miscellaneous
    • 685 12 TELEVISION AND RADIO for»fc SBCI2 lMt Sj# 2sr BUS.NESS ON RADIO I J/jl G La 7.25 PM Opening followed by la- Revealing Evidence (Stereo, 6.45 Asuhan Budi (Religious pro- gS.9 mHz In VHF Band II 13 in aii KinH knnsi 704 S'd hm 7.oSmi 1.30pm, 5.05pm, 1.05 am: g.OO Chinese
      685 words

  • LIFESTYLE
    • 859 13  -  Dawn Tan meets blues great BB King in the flesh and finds the man's offstage modesty a humbling experience for her Dawn Tan The history of American music has always numbered a host of legendary blues artists among its residents, and no single person has
      859 words
    • 663 13 NYT Nothing about wine is so widely misunderstood as the mystique of old wine. "We had dinner with friends," someone will say. "They served the 1961 Lafite." "Ahhh," respond the listeners in a collective sigh of awe. Everyone smiles knowingly, and no one would
      NYT  -  663 words
    • 365 13 CHATTERBOX" PRINCESS DIANA has asked a TV station for a vid-eo-tape of a Christmas show that mocks the royal family since she won't be able to watch it while spending the holiday with her in-laws, a newspaper said on Tuesday. The Daily
      365 words
    • 45 13 Yoko Ono showing a tie with the art work of her late husband, John Lennon, on it at a fund-taisiag gala lor the American Foundation for Aids Research. The event in New York was held in observance of World Aids Day.
      45 words
  • Page 13 Advertisements
    • 230 13 AND ENTERTAIN WW Spicing It Upi 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++ 1 Buffet Dinner from 6.30 pm at $21.00++ I ANA HOTEL 4 SINGAPORE i 733-1222 cxtcnsioa 1700
      230 words
    • 176 13 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 con be costly for you. So now, if you book a Sintat car to be delivered at a particular time, it gets there on
      176 words

  • FOCUS
    • 715 14  -  Paul Lewis examines the world body's difficulties as a global policeman Paul Lewis NYT A YEAR AGO, after communism's collapse, the United Nations seemed to be carving out a major new role for itself. It began ambitious peace initiatives in trouble
      NYT  -  715 words
  • Page 14 Advertisements
    • 48 14 JL A BflSlJ?fe 5 4 ?> HI #®%:.Wk§r> t#J\ a-; HMIP ->•-., ,i 1 il Ml 111 I I Il *M kT'i hH*! l M. nLHvlliliil' llll* s4r S/NGA PO HE T SELIEVE.^Wt^\ //VTR/CATE SOFIMAWKt, sophis ***** B£SSj COMPLEX MACH\Ut«\, ES9 F/BRE OPTICS PvWVk H ///GH rECHNQV.^H ARE IN. Eg
      48 words

  • Page 15 Advertisements
    • 272 15 From This Point, MDD-?b01 hfIDS PHCKAOEmfiCNNOHMmBR 400-*****802 imiy 11 mi i r I i 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 *W "W" 1 "W T status, there and then. And our I
      272 words

  • ADVERTISING & MARKETING 1
    • COPY LINES
      • 93 16 HONGKONG Dickson Concepts Ltd, an upmarket retail chain, will throw its weight behind China's bid to host the 27th Olympic Games in Beijing. Dickson Poon, the company's president, said one per cent of the company's income from every sale in the chain's 110 department
        93 words
      • 131 16 NEW YORK Heublein Inc has moved its estimated US$6 l million to US$B million (SS9.B million to SSI3 million) Jose Cuervo tequila account to Grybauskas Partners in New York after almost two and a half years at Goodby, Berlin f Silverstein in San Francisco. The account
        131 words
      • 120 16 TOKYO Major apparel maker Onward Kashiyama Co if apologised recently for its advertisements for men's clothing j that had been criticised as sexist and suggestive of rape. Some of the ads for Onward's new Go-tairiku (Five Continents) brand show a presumably dead woman in a
        120 words
      • 105 16 MOSCOW Pepsi-Cola International has recently un'■j' leashed its biggest marketing effort ever in the former Soviet Union, where the soft-drink company has always been king. According to the trade magazine Advertising Age. Pepsi is fighting hard to retain its lead as Coca-Cola spends aggressively to build
        105 words
      • 84 16 LONDON Move over, Mickey Mouse. Marcus the Mole has arrived, reports Advertising Age. The cuddly underground character is created by Creative Co and is Eurotunnel's way of putting a friendly face on the undersea rail link between the UK and France expected to open late next
        84 words
    • 250 16 SOMETIMES advertising can be a scary business. A television commercial for Hongkong's Kowloon Canton Railway Corp set off a wave of rumours after it stopped airing early last month. International trade magazine Advertising Age said no one was sure how the rumours were started.
      250 words
    • 526 16  -  M Hafidz Mahpar talks to a market research firm's chief to find out how the Malaysian ad industry will shape up next year M Hafidz Mahpar Advertising expenditure in the Malaysian media is projected to grow by 12 per cent next year, compared with
      Source: SRM  -  526 words
    • 390 16 Advertisers getting more demanding about the quality of promotional materials, says the Association of Indonesian Advertising Agencies' chief BATY SUBAKTY, chairman of the honorary council of the Association of Indonesian Advertising Agencies, estimated recently that advertising expenditures would reach 1.03 trillion rupiah (*****.4
      390 words
    • 469 17  -  Colin Tan talks to Spenser Chan, who heads the agency that has been told to humanise the real estate giant Colin Tan Estate agent Jones Lang Wootton handled local property transactions worth $780 million last year. And who got the most out of it?
      469 words
    • 218 17 NYT TARING'S first stint on the American V T Perrier account, from 1981 to 1986, a humorous, low-key campaign calling Perrier "Earth's first son drink", helped to popularise the mineral water. In 1986, when Hal Riney A Partners in San Francisco was
      NYT  -  218 words
    • 588 17  -  Hong Lee Tiam puts out feelers for reactions to the Hyundai Elantra advertisement Hong Lee Tiam A CHEEKY ad by a car distributor controlled by Ong Beng Seng has set tongues wagging in the advertising industry. The advertiser in Monday's The
      588 words
  • Page 16 Advertisements
    • 90 16 /X\ C :-y// I BUNZ At the centre the sapphire glass a 0 25 carat diamond, mounted without i visible setting This freely suspended diamond is made possible by a newly developed laser cutting technique with a one upon a million precision, a worldwide patent of Bunz The dial of
      90 words
    • 31 16 GRANT OF ARMS TO AQUASCUTUM LTD J. OF LONDON Shop: Raffles, 328 North Bridge Road, #01-14, Singapore 0718. Tel: 334 3248. Also available in department stores: Daimaru, New Isetan Orchard, Tokyu.
      31 words

  • Page 17 Advertisements
    • 63 17 ij YOURS WITH A 9> PURCHASE OF US$5OOO AND o ABOVE OF THOMAS COOK 13 MASTERCARD BUY A MINIMUM OF US$lOO THOMAS COOK MASTERCARD TRAVELLERS CHEQUES AND O YOU STAND A CHANCE TO BE THE LUCKY WINNER OF A HOME ENTERTAINMENT I SOUND SYSTEM! insist on thomas cook mastercard TRAVELLERS
      63 words
    • 203 17 ]lIIIMII I I I I I I I T 1 lIBA >t BEFORE IT GETS LONELY AT THE TOP, ON TOP OFFERS THE SAVER'S KIT j 1 If life at the top is not doing very The Saver's Kit Your lifeline from much for your hair, there's something you the
      203 words

  • SPORTS
    • SIDE LINES
      • 84 18 SEBRING, Ohio A warrant for the arrest of Hector "Macho" Camacho, the former world junior welterweight boxing champion, was issued on Tuesday. The Puerto Rican was accused of giving false information in applying for a driving licence in October, a prosecutor's office spokesman said. He
        84 words
      • 67 18 HUERTH, Germany Germany, field hockey gold medallist at the Barcelona Olympics, has raised U556,900 for victims of a Pakistan flood disaster. The players raised the money in conjunction with the German Red Cross at several indoor matches and also donated US$6OO out of the team's purse.
        67 words
      • 104 18 STOCKHOLM Swedish women's world champion Annika Zell has been prevented from competing this year because of a mysterious disease which has killed at least 11 Swedish orienteers runners in the past 10 years. Zell, who won her world title in France last year, is the victim
        104 words
      • 80 18 COPENHAGEN Cuban middleweight boxer Ivan Abreus Camacho has requested political asylum in Denmark and his team went home without him. Police and boxing officials said on Tuesday that the 26-year-old amateur boxer took part in the Copenhagen Boxing Cup tournament, which ended on Sunday. Camacho disappeared Monday
        80 words
      • 73 18 WASHINGTON Kristi Yamaguchi may go back on a decision to defend her Olympic skating title at Lillehammer in 1994. Yamaguchi is to start professional skating at Landover, Maryland, on Dec 12. But under new International Skating Union rules she can still return to amateur ranks
        73 words
      • 89 18 CHELTENHAM, England The men's Olympic gold, silver and bronze medallists and the women's gold medallist will all be in action in the World Grand Prix finals starting on Dec 16 in Kuala Lumpur. Gold medallist Alan Budi Kusuma will face his fellow Indonesians Ardy Wiranata, silver medallist; and
        89 words
    • 527 18 Davis Cup AFP FORT WORTH, Texas The Swiss Davis Cup squad, far from home and with half the proven players of their opponents, were relaxed and confident on Tuesday as they prepared to take on America in the 1992 final. "We are the
      AFP  -  527 words
    • 288 18 Reuter KARACHI Jahangir Khan, the unseeded defending champion, showed no signs of the back injury that has plagued him for the last 11 months as he disposed of fourth seed Sami Eluporo of Finland in Tuesday's opening round of the Pakistan Open. The Pakistani, winner
      Reuter  -  288 words
    • 239 18 AFP, UPI HELSINKI Toni Nieminen, the 17-year-old double Olympic gold medallist from Finland, will not compete in the first round of the ski-jumping World Cup at Falun, Sweden, this weekend. He has surprisingly been left out of his country's ski-jump-ing team for the
      AFP,; UPI  -  239 words
  • Page 18 Advertisements
    • 407 18 So You Want A R Ihis p^.^EST P6 ono 1 ""Py"' We hove about 176 possesion of fuillw is mokes us about the largest golfer will call his own. He a r nii 9 retail outlet tor putters. can nave a borrowed -h l driver, but not a putter. But
      407 words
    • 42 18 Br I T I^ s H lEmBHII m t* I sS^gR^SS jiKmß&'i 'I^^^^HSBSSSiSSSSiSo V Available at Isetan Sole Agent For Brand, Malaysia, Indoneaia, Singapore A Thailand: Sho*4 (£o. 687, East Cast Road, Singapore 1545 Tel: 444 7373 (4 Lines) Fmc 445 0148
      42 words

  • Page 19 Advertisements
    • 1026 19 a* Singapore's pioneer in Direct Mail celebrates 1 its 30thAnniversary "V ;^SH^ ,jWI^ v, &>&> flit :,<: 1 y£V \we^' HHH|H|H|[HH||||HriMH| VAI Hi IH On 6 December 1962, exactly annual billings In addition, in the ASEAN region, East Asia 30 yeare ago, OH's International Direct for direct mail a new
      1,026 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3688 20  -  By Shoeb Kagda INVESTORS shifted their attention to Malaysian counters yesterday on news that the forgery scam involving Malaysian scrip had been nipped in the bud. Brokers said that until there were more positive signals, Singapore shares were expected to trade sideways. The benchmark
      3,688 words
    • Article, Illustration
      82 20  -  -By Anthony Pang QAF has finally conquered the 65-cent resistance which it failed to break no less than 10 times in the past decade. Volume has surged and profit-taking has been well absorbed, with the stock closing at or near the day's high three days in a row. While
      82 words
  • Page 20 Advertisements
    • 57 20 CALL MILANO'S HOT DELIVERY HOTLINE NOW! j 468-2222 i I for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for a minimum order of $10.00 m $3.00 surcharge for delivery after 11.00 pm. g Milano
      57 words

  • 3209 21 Asia Pacific 1120 +20 +1.8% Jurong Ship 50c 800 20 2.6% Sun Corpn 290 20 7.4% Keppel C Wt 352 +16 +4.8% Keppel Corpn 630 +15 +2.4% City Dev 50c 388 +10 2.6% SPH Foreign 1520 +10 0.7% Metro Hldgs 480 +8 +1.7% Amtek Eng
    3,209 words
  • Page 21 Advertisements
    • 32 21 -V f.^j > *jf*S at over 10 million establishments, MasterCard puts you easy access to cash at 300,000 bank branches 1 Alf w//*bi»» and ATMs YOU'VE GOT THE WHOLE WORLD IN YOUR HANDS.
      32 words

  • 3327 22 Magnum Corp 50c 665 +40 +6.4% Dunlop Est 565 +25 +4.6% Gentings 50c 920 +10 +1.1% KL Industries 119 +10 +9.2% M Banking 655 +10 +1.6% MISC Foreign 474 f 10 +2.2% Multi-Purpose 172 +10 +6.2% Sel Properties 144 +9 +6.7% Samanda Hldgs 220 +8
    3,327 words
  • Page 22 Advertisements
    • 290 22 ITUSINESST^IM^ES Toll free Tel No 737-0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SCL TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which is being voluntarily wound up, are
      290 words
    • 183 22 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT RIGHTS ISSUE (THE "RIGHTS ISSUE") OF 48,400,187 NEW ORDINARY SHARES OF $0.25 EACH (THE "RIGHTS SHARES") AT $1.05 PER RIGHTS SHARE PAYABLE IN FULL ON ACCEPTANCE OR APPLICATION AND ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY FOUR
      183 words
    • 116 22 THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of MHO KIEW A COMPANY (PRIVATE) UNITED At the Extraordinary General Meeting of SENG KIEW A COMPANY (PRIVATE) LIMITED duty convened and held at 20 Tanglm Halt Close •03-00. Daiwa Building, Singapore 0314 on 271h November 1992. the Special Resolution set
      116 words
    • 153 22 THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF HIM KIEW A COMPANY (PRIVATE) LIMITED (MEMBERS' VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which is being voluntarily wound up. are required on or before 3rd January 1993 to send their names and
      153 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5423 23 Bernama THE QUICK RETURN of market confidence following the early detection of the falsified share scrips led share prices here to a higher close yesterday. The KLSE Composite Index at the close firmed 4.28 points to 641.51, the Industrial Index was 9.43 points higher
      Bernama  -  5,423 words

  • BT SHARE INFORMATION SERVICE
    • 262 24 Company Date Year Group Net Hat earnings Gross ana to profit/toss par share dividend (•000) (coots) QAF Ltd Nov 28 Mar 92 $7.034($2.096) 2.2(04) 2.5(-) Goodwood Park Nov 28 Sep 92 $22.110($22.137) 49(49) 80(80) H Msia Nov 28 Sep 92 $7.523($429) 45.6(26) 50(15) Metal Ctarners Nov 25 Jun
      262 words
    • 131 24 Cwpawy Data Year Croup Net Wat earnings 6ms mm to prefit/toss par share dividend COM) (cants) Times Pub Nov 20 Aug 92 $24.168(S35.903) 199(29.5) 10(10) MSB Nov 14 Jun 92 MJ334L(SI 1.495) —(22.4) 5(12) NST Nov 16 Aug 92 MS68,894(555,298) 38(31) 20(10) Kemayan Nov 16 May 92 MS23.461L($457L)
      131 words
    • 329 24 c—»any Date Half-year Group Net Interim am to prellt/less dividend COM) G8 Hdgs Nov 30 Sep 92 $1,825($1.108) 2.5TE(2.5) M Credit Dec 1 Sep 92 (2.0421(16.249) 1(6.25) Metro HWgs Nov 27 Sep 92 13.661 ($1,938) —<-) Transmarco Nov 27 Sep 92 $2,243 ($2,207) PMRI Nov 27 Sep 92
      329 words
    • 89 24 Nov 25 Sembawang Group has signed a memorandum of understanding witn Bechtel Enterprises to cooperate in infrastructure development projects in the Asia-Pacific. Nov 24 OUE is to set up a joint-venture company to acquire a Beijing hotel. Parkway Hklgs will build a hospital and medical centre in Kuala
      89 words
    • 1021 24 Current Ex Books Date Total lor Total for payment data doso payable the year last year MSB 5%<b) Jan 8 Jan 22 ian 29 5% 12% Amal Steel 50c 12%(b) Nov 19 Dec 3 Jan 2 12% 12% Amtek Ei* 20c 6%TE Oec 4 Dec 10 Dec 30
      1,021 words
    • 580 24 Company Rights Issue Mbnce Tedi Three tot frve (s, $100 per share Ex-date Dec 10 64s Close Dec 22 Acceptance and Payment: NYA Berjaya Gron> R«hts issue ot S89.658.823 7.5% ICUIS at 100% of the nomnai value on the basis of $100 nominal amt ot CHS tor every
      580 words
    • 162 24 Ktmdunf Tanhjonf Pai Bhd: EGM at the MIDF Theatrette, Ground Floor, Bangunan MIOF, No 195-A, Jalan Tun Razak, ***** Kuala Lumpur, on Thursday, December 3, at 10.00 am PT Gadjah Tuny at EGM at the Grand Ballroom, Mandarin Oriental Hotel, Jalan MH Thamnn, Jakarta, on Thursday, December 3,
      162 words
    • 348 24 In local curr la SS la USS dy >t dy yr dy jt Pec I Index chge cfage chge chgt chge chge World 389.6 -0.5 -4.6 -0.5 -7.1 -0.4 -8.1 tEAFE 454.1 -0.9 -9.6 -0.6 -13.8 -0.6 -14.7 Europe 425.7 0.2 3.5 0.8 -7.5 0.9
      348 words
  • 610 24 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words

  • CHINA STOCK EXCHANGES
    • 426 25 CLSA THE Shanghai A Index managed a 0.87 per cent gain yesterday to close at 4,743.97, while turnover of the A shares dropped significantly to below 2.5 million shares, including the extra shares floating in the market from Tuesday's share splits. The Shanghai B
      CLSA  -  426 words
  • JAKARTA STOCK EXCHANGE
    • 1045 25 STOCKS closed lower yesterday, with automobile assembling giant PT Astra International and favoured Bank Bali succumbing to the market's depression, brokers said. Astra International, which announced a 65 per cent drop in net profits in the first nine months, fell 100 rupiah to 8,600 on
      1,045 words
  • STOCK EXCHANGE OF THAILAND
    • 1972 25 Reuter V BANKS extended their gains in the afternoon session yes- < terday as long-term investors started to buy good-funda-mental shares, brokers said. The SET Index rose 13.42 points, or 1.56 per cent, to 874.75 on turnover of 4.74 billion baht. Winners led
      Reuter; Source: Bridge Info  -  1,972 words
  • Page 25 Advertisements
    • 175 25 YOUR VERY OWN HASSLE-FREE aKTCQjgo^s-gjpwicjaviw If news and other pertinent information on companies listed on the Stock Exchange And for aktrtfthm fn tf ra/y «J« 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
      175 words

  • TOKYO STOCK EXCHANGE
    • 2547 26 Reuter STOCKS closed moderately firmer yesterday on small-lot bargain-hunting following Tuesday's drop. Sentiment was helped by the supplementary budget's passage in Parliament's Lower House, brokers said. But activity was thin with investors unsure if the recent rally could be restarted, they added. "Public pension
      Reuter  -  2,547 words
  • STOCK EXCHANGE OF HONGKONG
    • 2400 26 AP SHARE PRICES on the Hongkong stock exchange continued to slide in active trading yesterday in reaction to the escalating dispute between China and Hongkong over the British colony's future. The Hang Seng Index, the market's key indicator of blue chips, sank 90.06 points, or
      AP  -  2,400 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2036 27 Reuter SHARE PRICES drifted lower in most sectors yesterday, with investors taking to the wings, leaving the market to consolidate after recent gains. Brokers said a lack of offshore leads and nagging doubts over the state of the economy removed the bulls from trade
      Reuter; Source: Bridge Info  -  2,036 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks decline as rate cut hopes recede
      • 49 27 Clow Prrrioa* Dec 2 NEW ZEALAND NZSE-40 Capital 1.525.56 1.539.34 -13.78 MANILA Composite Index 1.273.40 1.266.48 +6.92 Turnover (mil pesos) 244.39 168.6 +75.79 TAIPEI Weighted Price Index 3.635.70 3.646.76 -11.06 Turnover (NTS billion) 4.3 6.34 -2.04 SEOUL Composite Stock Index 650.20 659.93 -9.73 Turnover (billion won) 522.92 545.81 -22.89
        49 words
      • 872 27 GOVERNMENT decision not to cut (he rediscount rate pressured large-cap, particularly financial, shares yesterday, pushing the stock index to a lower Close, brokers said. J They expected the index would show a downward trend for the time being with no market-boosting factors in sight. Economic ministers held a meeting
        872 words
      • 486 27 STOCKS ended lower in sluggish trade yesterday as most players stayed sidelined, brokers said. The Weighted Index ended 11.06 points down at 3,635.70. Turnover fell to NTS 4.3 billion from Tuesday's NT56.34 billion. The financial and paper sectors rose slightly but others fell. Brokers said the plunge in the
        486 words
      • 532 27 SHARE PRICES rose steadily yesterday over news that drilling for oil off the south-western Philippine island of Palawan would go ahead as scheduled in 1993, brokers said. The Composite Index rose 6.92 points to end at 1,273.40. Patrick Garcia, an analyst for LM Garcia and Associates, said investors took
        532 words
      • 275 27 THE New Zealand share market closed down but off its lows in thin trading yesterday as the correction to last week's bull run continued. The NZSE-40 Capital Index eased 13.78 at 1,525.56 but was off its low for the day of 1,517.04. Volume was a modest NZ$22 million,
        275 words
      • 89 27 INDIAN STOCKS rose yesterday on short covering, but brokers said the new level may be difficult to sustain because investor interest is still lacking. They said prices could fall marginal- ly today and noted that selling pressuil from investors wanting to subscribe U) rights issues had eased because of
        89 words

  • WORLD STOCK MARKETS
    • New York shares ease in heavy trading
      • Article, Illustration
        1293 28 STOCKS retreated in heavy trading on Tuesday as profit-taking and computerdriven sell programs halted the market's four-day rally in spite of a string of positive economic reports. But the over-the-counter market fared better than the blue-chip sector in weathering rounds of widely anticipated profit-taking to extend its recordbreaking
        1,293 words
      • Article, Illustration
        890 28 CONTINUED confidence in a US economic recovery drove UK shares higher on Tuesday, pushing the FTSE 100 index to new trading and closing highs, dealers said. The FTSE 100 closed 13.2 points up at 2,792.0 with a healthy turnover of 629.3 million shares. The FT-30 share index rose 10.6
        890 words
      • 312 28 GERMAN SHARES ended a quiet bourse session of range-trading narrowly mixed on Tuesday with hardline comments from Bundesbank president Helmut Schlesinger and a weaker dollar having no distinguishable impact, dealers said. The 30-share DAX Index took a breather after recent gains, ending up 0.55 point at 1,544.89. The barometer
        312 words
      • 272 28 DUTCH SHARE& started mixed on Tuesday but gradually built gains on covering of short positions, dealers said. Wall Street's weakness at the opening trimmed gains in the afternoon. The EOE Index closing calculation was 279.64, up 1.48, running into the top of the 274-280 trading range at one point.
        272 words
      • 186 28 FRENCH share prices advanced for the sixth consecutive day on Tuesday as investors speculated that the franc would eventually be devalued, setting the stage for a year-end rally. The CAC-40 stock price index ended up 20.92 points, or 1.18 per cent, at 1,792.29. In spite of French authorities' insistence
        186 words
      • 184 28 ITALIAN share prices rose early in the day on Tuesday and then fell back in the afternoon on renewed currency worries, traders said. The MIB AllShare Index ended eight points higher at 863 with the rise partly reflecting gains in Monday's aftermarket. "There was some good demand at the
        184 words
      • 254 28 SWISS SHARES closed a quiet day of trading on Tuesday mixed with a lower bias. The SPI Index rose 0.9 point to a final 1,152.1 points, while the SMI Index lost two to close at 1,929.2. Dealers said Sunday's referendum on Switzerland's membership of the European Economic Area (EEA)
        254 words
      • 181 28 RETAILER Delhaize featured at a lower Brussels share market close on Tuesday on position squaring and gloom about profit growth at Delhaize's Food Lion unit, dealers said. The Bel-20 Index of leading shares closed 1.77 points lower at 1,126.28 points. A total of 1.102 billion francs worth of Belgian
        181 words
      • 407 28 SOUTH AFRICAN shares found support on Tuesday from a stronger overnight Wall Street and expected further gains in the US market overnight as well as a sharp weakening in the financial rand foreign investment unit, dealers said. The trend of the market, as mirrored by De Beers, was mixed
        407 words
      • 279 28 STOCKS finished lower on Tuesday after a heavy trading session with most indices losing ground. "Not much is happening here. The bank rate (Bank of Canada rate reduction) was pretty much factored in," said John Ing, president of Maison Placements Canada. The TSE 300 slipped 9.1 to 3,273.7 on
        279 words
      • 151 28 Dec I Close Previous NEW YORK Dow Jones 3.294.36 3.305.16 -10.8 SAP 500 430.78 431.35 -0.57 Turnover (million) 263.76 237.62 -*-26.14 LONDON FTSE 100 2.792.0 2.778.8 +13.2 FT-30 2.106.5 2.095.9 +10.6 Turnover (million) 629.3 633.3 -4.0 FRANKFURT DAX Index 1.544.89 1.544.34 +0.55 AMSTERDAM EOE Index 279.64 278.16 +1 48 PARIS
        151 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1132 29 REPORTS ASM Tokyo: The US dollar yesterday ended barely changed against the mark and the yen in thin trading. Some interbank dollar buying emerged after an overnight drop, but dealing interest was modest and failed to push the US currency either way,
      1,132 words
    • 402 29 Cross rates 0^2 USS SS MS Dm Yen SFr A$ NZS USS 1.6360 2.5340 1.5750 124.40 0.6472 1.4070 1.4620 1.9455 SS 0.6112 1.5489 0.9627 76.0391 0.3956 ***** 0.8936 1.1892 MS 0.3946 0.65 0.6215 49.0923 0.2554 0.5552 0.5769 0.7678 Dm 0.6349 1.0387 1.6089 78.98 0.4110 0.8933 0.9282 1.2353
      402 words
    • 605 29 Interbank rates SS Bid Offer Overnight 1/4 1/2 1-month I 3/4 1 7/8 2-month I IS/16 2 1/16 3-month 2 1/8 2 1/4 Owmiglil mode: 7/16 US$ Bid Offer 7 days 3 1/16 3 3/16 1 month 4 1/4 4 3/8 2 months 4 4 1/8 3 months
      605 words
    • 282 29 FT LONDON Fresh uncertainty was cast over the future of the European Exchange Rate Mechanism on Monday after Helmut Schlesinger, president of the Bundesbank, said one of the system's key mechanisms was "a powerful incentive for speculation". In a development likely to put further strains
      FT  -  282 words
    • 1544 29 SljjEX EIWOOOUAH Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.03 96.05 96.02 96.04 3867 3258 ***** Mar 93 96.03 96.08 96.03 96.06 7489 6982 ***** Jun 93 95.54 95.58 95.54 95.55 5564 3838 ***** Sep 93 95.05 95.09 95.05 95.06 3300 2869 6270 Dec 93
      1,544 words

  • COMMODITIES
    • 414 30 AP LONDON The 57-nation governing council of the International Coffee Organisation has extended the deadline for drawing up a new international pricestabilisation agreement from Dec 31 to March 31. The council's decision at its meeting in London on Tuesday was recommended by
      AP  -  414 words
    • 216 30 Reuter SAN FRANCISCO The Russian gold industry will undergo a severe crisis over the next three years, a leading Russian authority on gold mining has predicted. Natalya Zubareva, Russian representative for RTZ Corp pic, said on Tuesday that the industry had
      Reuter  -  216 words
    • 737 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market added five sen to close at M$ 14.07 per kg on some covering and book squaring activity yesterday. Dealers said the market gained strength from the slightly firmer London Metal Exchange,
      737 words
  • 1482 30 Rubber HAS Commodity Exchango (futures closing it at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 93 145.75 145.50 145.50 425 3.800 Feb 145.50 145.50 145.50 100 4.650 Mar 145.25 145.25 145.75 100 4,925 Apr/Jun 146.50 145.50 146.50 3,750 21.300 Jul/Sep
    1,482 words
  • Page 30 Advertisements
    • 331 30 BUSINESS T I M-E S Toll tree Tel No: 737 0043 -Fax No: 734- 3608 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND M THE MATTER OF SPRAQUE ELECTRIC PTE LTD At an Extraordinary General Meeting of the Company held on 26 November 1992 at 450/452 Alexandra Road.
      331 words

  • 1193 31 n** ETA FMgtrt no Ctty ftlrt ETA FH* ETD QF81 1935 QF82 2050 SQ107 1305 MH641 1315 S0228 2040 SO 109 1405 MH610 1415 MH609 1455 SQ110 1445 SQ319 0610 KL838 0040 MH6 11 1555 BR215 1450 KL837 1515 MH613 i 625 SQ112 1530 Atkm SQ347
    1,193 words
  • THE TRAVEL PAGE
    • 518 31  -  POSTCARD FROM PARIS By Anna Kisselgoff Driving up to Euro Disney, the Walt Disney Co's resort and theme park 32 km east of Paris, I suddenly realised that I was approaching not the magic but the mythic kingdom. Like a pink version of the
      518 words
    • 150 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1138 1.1295 Canadian dollar 1.2622 1.2880 NZ dollar 0.8316 0.8485 Sterling pound 2.5143 2.5500 US dollar 1.6310 1.6390 Local dollars to 100 units of foreign currency Austrian schilling 14.46
      Source: Republic National Bank of New York  -  150 words
    • 71 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Jan 7-10 Autosports Birmingham Haymarket 071-*****20 Jan 20-23 British Education Barbican EMAP Intl 071-*****47 International Exhibitions. (fax) Training Centre. Exhibitions Ltd. Teddington TWII Technology London London Jan 7-10 London Earls Court. National Boat 0784-*****8 Jan 19-24 International
      71 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 297 31 1 The odd pie calls for ad- ded seasoning 5 Becoming a supporter with evident hesitation (6) 1 I I I I I 1 1 Pass several, being liberal 11 When marginal land expe- ""[■J"—'""■J riences the least ups and downs (4,4) i 12 They're prepared to fight for a
      297 words
    • 163 31 Singapore Outlook: Windy with occasional showers. Report Maximum temperature 29.9 Assoc humidity 70% Minimum temperature 23.2 Assoc humidity 97% Hours of sunshine 4.70 Rainfall in mm 5.1 Rainfall this month 5.4 Rainy days this month 2 World report Asia-Pacific Hi/Lo* Cond. Auckland 23/16 Rain Bangkok 28/18 Clear Beijing 08/-5 Clear
      163 words
    • 48 31 I u\*r PLT>HF-.NO FpiMl7 PvS LOG PS ep^N6K3UGH gO TV*e>Fitters TOP V CoromiTHEKTS... H0 TCS. J TV^C^SPk^OTHC^ ft tOT PPFGCXeJD THE- J \r T P*C STRING. secession P j \oP ft* o VTROTH 1 POTT NIOEP ft LOT... J M 1 M2O o ASSOCIATED newspapers LTD.. IM2-IM2 TfrAnr.«
      48 words

  • 574 32 Huge pools of cheap labour tempting to investors Reuter JAKARTA China is catching up in the race among Asian economies to attract foreign investment, and leaving some of its competitors lagging behind, a Reuter survey shows. "A big reason why Asia's going to
    Reuter  -  574 words
  • 283 32 AFP, Reuter TOK.YO Prime Minister Kiichi Miyazawa will reshuffle his Cabinet soon after the current parliamentary session ends on Dec 11 or 12, Japanese newspapers reported yesterday. The reports appeared one day after the passage of a supplementary Budget for the current
    AFP,; Reuter  -  283 words
  • 330 32 Reuter WASHINGTON Federal Reserve chairman Alan Greenspan jolted the US bond market on Tuesday, saying that the US central bank may lower its key money supply targets. Traders read the remark as a suggestion of tighter credit, since higher interest rates tend
    Reuter  -  330 words
  • 255 32 Reuter, NYT LITTLE ROCK, Arkansas President-elect Bill Clinton is hoping the US economy is finally turning around, but so far there are few signs that enough jobs are being created to ensure a sustained expansion. "We've had false dawns before," said Robert Reich,
    Reuter,; NYT  -  255 words
  • 833 32  -  The Bottom Line RAY HEATH RAY HEATH The writer is a London-based journalist who contributed this commentary to BT. NEXT WEEK, the ministers of Europe will gather in the stately Scottish city of Edinburgh to discuss the run-up to the proposed single European market
    833 words
  • 393 32  -  From John Helmer in MOSCOW THE SPEAKER of the Russian Congress of People's Deputies, Dr Ruslan Khasbulatov, has rejected proposals from President Boris Yeltsin on the appointment of a new prime minister and Cabinet. This has been confirmed by Anatoliy Milyukov, the Speaker's adviser, who
    393 words
  • 166 32 AFP AP TAIPEI US Trade Representative Carla Hills yesterday called on Taiwan to sign a bilateral trade accord with the US to widen access to each other's markets even as Taipei showed signs of difrsatisfaction over the deal. "1 welcome the
    AFP; AP  -  166 words
  • Page 32 Advertisements
    • 12 32 CE Every Saturday in Business Times A message of democracy, Pg 10
      12 words
    • 332 32 Every Saturday in Business Times dtttSUl n CARTE I CARTE II (Available from 1/12 to 8/12) y (Available from 9/12 to 15/12) ITI flTill V Appealing Appetizer Appealing Appetizer AKJ Shrimp dumpfinp in fuh form Shrimp dumplings in fuh form The Succulent Six The Succulent Six: T) 1 Lantern shadow
      332 words

  • Shipping Times
    • 453 33  -  By Juliette Walker SINGAPORE Members of the Europe Asia Trades Agreement (Eata) have taken a tentative first step towards easing the over-capacity problem on the eastbound Europe-Far East trade. Following a meeting in London last week, the carrier grouping said
      453 words
    • 254 33  -  By Ramesh Divyanathan SINGAPORE Shipbuilder Kvaerner Fjellstrand (S) Pte Ltd delivered the first of three high-speed catamarans to its Hongkong owners yesterday. At a christening ceremony held in Kvaemer's Tuas yard, owner Universal Boss Ferry Services Ltd christened the $10 million passenger ferry Universal
      Photo by Arthur Lee  -  254 words
    • 488 33 Move ordered by bondholders of St Paul Port Authority Bloomberg ST PAUL, Minnesota Investors in US$25B million (SS4I3 million) St Paul Port Authority, Minnesota, bonds have blocked the authority's attempt to restructure payment of the bonds, which are expected to default in eight years, the
      Bloomberg  -  488 words
    • 846 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 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
      846 words
    • 264 33 Deal gives firm access to new conversion technology SINGAPORE Sembawang Bethlehem, a subsidiary of listed Sembawang Shipyard, has acquired exclusive rights in the Asia-Pacific region to a Swedish offshore conversion technology, which is expected to result in savings in capital costs and time. The
      264 words
    • 237 33 AP OSLO, Norway Ships' officers went on strike early on Tuesday, disrupting delivery of North Sea oil and forcing passenger ferries laden with Christmas shoppers to return to port. Three seamen's unions failed to settle a new contract for more than 4,000
      AP  -  237 words
    • LOG BOOK
      • 90 34 KUALA LUMPUR Two Malaysian ships sank on Tuesday in the South China Sea because of rough weather, maritime officials said. Harbour master Hamzah Mohamed Noor said the Malaysian-registered 587-ton Luconia sank at 6.30pm (1030GMT) on Tuesday about 27 nautical miles off the
        90 words
      • 81 34 MANILA Hundreds of kilos of drugs are smuggled here from Hongkong and Taiwan every week, apparently with the help of corrupt officials at Manila's airport, the police antinarcotics chief says. Senior Police Supt Dictador Alqueza said on Tuesday that virtually every flight from Hongkong and Taipei
        81 words
      • 118 34 WASHINGTON US cars are safer than those made by Japan and their general quality has improved, according to the latest issue of the consumer guide "Car Book" published on Tuesday. The author of the annual guide, Jack Gillis, said the 1993 model cars produced in
        118 words
      • 62 34 SEOUL The first day of operating ladies-only coaches on subways flopped because male commuters didn't take seriously the efforts to protect women from sexual harassment, the Korea National Railroad said yesterday. Subway coaches marked "exclusive use for women" were crammed with male commuters during the
        62 words
      • 75 34 CARACAS, Venezuela A Venezuelan airliner en route from Venezuela to Miami made an emergency landing in <£üba on Tuesday after a bomb was reported on board, aviation authorities said. General Tulio Prado Fernandez, director of air transport for Venezuela's Transportation Ministry, said the plane carried
        75 words
      • 78 34 SINGAPORE Britain's largest containership, P&O Containers' Repulse Bay, was named by Mrs Lavendar Patten, wife of Hongkong's governor last month. Built in Kure by hhikawajima-Harima Heavy Industries, the ship was delivered on Oct 30. Repulse Bay is the second of four containeriips currently being built in
        78 words
    • 1293 34  -  Amtrak has begun testing the Swedish-built X-2000 train, which will be using old-fashioned railroad tracks, in a bid to cut time on its New York-Boston run. Agis Salpukas reports Agis Salpukas NYT IN a tortoise-and-hare plot twist, a train using old-fashioned railroad tracks may
      NYT  -  1,293 words
    • 813 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      813 words
    • 9020 42 This is a list of ships loading at Singapore for ports around i 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
      9,020 words
    • 3287 47 Containerline NV: Bclsin Shpg Agencies Pie Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pre Ltd (SyAccord Contr Line (PK/PN). Adkrts Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albntroa Sea-Air Service: Frata Shpg Ptc Ud (S). Alfred
      3,287 words
    • 261 47 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel I Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Td: 542-8844. Fax: 542-3716. *****80. I Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Td: 344-3377. Fax: 345-6450. Custer Link Supplies
      261 words
    • 1474 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. TeT 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air Market
      1,474 words
    • 3188 48 ARGENTINA Buenos Aires: All berths occupied, no vessels in road; no congestion. San Lorenza: Port busy. Rosario: Port busy. AUSTRALIA Queensland Hay Point Coal: One vessel loading; 8 vessels due by Dec 6; no delays expected. Dairym pie Bay: Coal: berth vacant; no delays ecpected. 'Gladstone: 19 vessels
      3,188 words
    • 555 48 ARRIVALS DEPARTURES Op FUght Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F .0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB S1A SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      555 words
    • 955 48 SHIP SALES TANKER RATES THE present improvement in the prices of Panamax bulkers has been maintained with the reported sales of the Continental Reliance (built 1983) at around USS 15.25 million combined with three years charter back at about USS 12,000 to clients of Ropner, UK. and the Nichibu Maru
      955 words
    • 632 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Pep Niw of Vessel ETA ETD Ports of Calls Port Ay t Telephone No DECEMBER 05 05 Sea Goddess 2 0800 1800 Far East Thoresen&Co 220-1051 06 06 Fantasy World 1000 2000 S porc-PK Lauw Sons 227-8284 07 07 Seabourn Spirit 0600 1900 S-E-Asia
      632 words
    • SHIPS IN PORT
      • 563 49 toy* Bar* fciM hprtit tend Berth fcW Deprtu Jartag Port Chengyun/l ****** P01A 02.12/1600 02.12/1800 Ctan I No 1 ***** J2 atone* 03.12/2030 Dasa Duabeta 203 P03 02.12/1100 03.12/1100 Continental Taiga ST116 J12 atongs* 03.12/1200 Etona Sc264c 02/12* P01A 0112/1100 02.12/1900 Effwa J8/9 atone* 03.12/1830 Etona Sc264c
        563 words
      • 224 49 Johcre Port Boric 1: Johan; 2: Silver Dragon; 3: nit 4; SOL; 5; King Sailor 6: Bunga Kemunmg Barge ET Offshore VI 01 jetty: Bum k Lodestar Prince. DCJb Castor Gas. Dm on Dec Sobre World, Gloria, Juta Jaya, Gma. An Xin Ci> nn P.Lrim i rlrLwinh Infrnn
        224 words
      • 1560 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS (U. w-.. <»-»»- «-Li- I u— M. Ivy W UNKMItn IVHHW fOy ID MmMn SvlBSOM Kota Panpig KPJ34N 01.1292 0810 DNgen Cont DC206N COD(EST) 02.12.92 1500 Dragon Bran S7S 01.1292 1000 N Amber 09E COO(EST) 02.12.92 0700 Arwana I 909A 01.12.92
        1,560 words
    • 1240 50 THE DRY cargo freight market remained steady on Tuesday, but some panamax routes in the Pacific were marked down amid a general rise in the Baltic Freight Index (BF1) to 1,322 points, up two. US Gulf/Japan was fixed at US$22 against the new BFI level of U5524.69, down
      1,240 words
    • 415 50 Dec 15-16: Essentials in Marine CJargo/Vessel Insurance Ship Ghartering Practice, to be held at tse Harbour View Dai-Ichi Hotel, Singapore, organised by A Aaron Orient Lines Pte Ltd. For farther information contact the office at 222-8411. t Kffar 11-14, 1993: Japan World Resort and Cruise Fair '93, to
      415 words
    • 611 52 SLA, Air New Zealand also expected to make offers Reuter SYDNEY British Airways pic plans a joint bid with Australian institutions for the 49 per cent of Australia's international carrier Qantas Airways Ltd being offered by the government in a trade
      Reuter  -  611 words
    • 397 52 NYT NEW YORK NWA lnc, the parent of Northwest Airlines, may be able to assemble an infusion of US$25O million (SS4IO million) to shore up its cash position by the end of this week, provided its banks agree to permit
      NYT  -  397 words
    • 267 52 Asahi News Service TOKYO Vehicle sales decreased 12.3 per cent in November on a year-to-year basis to 434,100 units from 494,775 last year, the Japan Automobile Dealers Association (Jama) said on Tuesday. It was the first time since 1980 that monthly vehicle sales
      Asahi News Service  -  267 words
    • 159 52 Asahi News Service TOKYO Chrysler Japan Sales will sell its first right-hand drive vehicles in the Japanese market in January next year, said a spokesman for the US car-maker's representative in Japan on Tuesday. Chrysler is also to become the first among the US
      Asahi News Service  -  159 words
    • 368 52 Stopping coverage unlawful: suit NYT LOS ANGELES A decision by McDonnell Douglas Corp to curtail medical coverage for retirees has been challenged in court. A federal class action lawsuit filed here on Monday on behalf of 8,000 former employees of McDonnell Douglas' western
      NYT  -  368 words
    • 207 52 AP SEOUL South Korea will consult with the US and other countries about a Russian proposal for an international probe of the 1983 downing of a Korean plane, a government official said yesterday. The South Korean decision was in response to a
      AP  -  207 words
    • 550 52 AFP KABUL Kabul's trolley bus system, which limps along at the mercy of a faulty electrical supply, badly needs an overhaul, the man who runs it says. Nezrob Shah, director of the Ministry of Transport's trolley bus department, said services remain
      AFP  -  550 words
  • Page 33 Advertisements
    • 26 33 UMS (Ml MTVtCM jPMMM Mirtin «f Km Sagbtvy «f SMmlm Aimt*. Sktsaoor* NattMnl ttb- AqAcafff/ PHIS mMMCUnmtL v For advertising enquiries, contact Shipping Timet Tel 740-2089/740-2090.
      26 words
    • 160 33 the FAMOUS f*<6 imk/tuum ■EEQH9 224 1833 For more information please refer to Pg. 13 An agile tortoise on the track, Page 2 BA seeks joint bid for Qantas stake, Back Page y- v *>3L 'r 'S f4 '■'\jjL \"v*- ■nse®ol%S' *> v, vY 3 --'V"-? si" v^ '■<■&■ *v
      160 words

  • Page 34 Advertisements
    • 82 34 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 the people
      82 words

  • Page 35 Advertisements
    • 2137 35 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 wMr BOOKINGS tel: *****34 *****58/ *****40 ■iiiif M CFS (PSA F5) TEL: *****21 *****79 P BflflAfl H PESAKA JAR DINE SHIPPING AGENCIES SDN. SHO. i VMf J PORT KELANG TEL: *****18 FAX: *****91 *****88 fT^rr— —J--7T— r—T—T— PENANG TEL: *****4
      2,137 words
    • 977 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday 1 in BT I UASC/I UHTED ARAB SHIPPING CO.(SAC)IM To USEmtComt J fSmv m"1"I I I SST" 7 'ts IWIR M/U M/U 77/12 I/O MTt Mun V«1 Vtl t/M imam n lip IVM_ 21/91 IMI
      977 words
    • 1457 35 ■UULUifciUlUfcfl NEW SERVICE TO/FROM SOUTH AFRICA TRANSIT TIME PORT OF CALL FROM SIN TO SIN Durban 12 DAYS 12 DAYS Port Elizabeth 14 DAYS 17 DAYS Capetown 16 DAYS 16 DAYS Vaaaal Voy ETA ETD Feeder by I DESTINATIONS tm* m* mm Maarafe 9302 I cv viz oaoo has MMI
      1,457 words

  • Page 36 Advertisements
    • 1277 36 B v I i| R'dam/ 1 J VQY NO S POBE JEDOAH S'HAMTON H'BURQ ANT _LE HARVE KURAMA 19/148 3/12 19/12 22/]2 FRANKFURT EXPRESS 66/340 5/12 15/12 23/12 28/12 26/12 LA SEINE 27/149 9/12 27/12 30/12 26/12 HOECHST EXPRESS 06/349 12/12 22/12 30/12 2/1 4/1 6/1 DANUBE 05/150 17/12 2/1
      1,277 words
    • 577 36 g H FCL Breakbu* Service to: AFGHANISTAN MAM Afghanistan Ltd. Soto Foreign Forwarder In Kabul for al oorvkao C.1.5.-Voetochny, Vladivostok, Moscow, Taehkent, Kiev, Minsk, Mga, Baku North Korea e Vietnam Mongolia e Hungary CSfR e Poland ocT<s>Trans AGENCY (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A f—<>f v——« MM ORIENTAL KNIQHT 10/12 VILLE
      577 words
    • 1376 36 I ißlaaaaaia uaf REGULAR INPEPENDINT FULL CONTAINER SERVICE L FBL um* I NOBAStt AL-MUNTAZAH 9240-3 07/12 30/12 01/01 03/01 04/01 05/01 00/01 07/01 SB/Of I NOBASU SAMANTHA 9241-3 17/12 07/01 09/01 12/01 13/01 14/01 15/01 10/01 17/OC NOBASIA SUSAN 9242-3 25/12 14/B1 15/01 19/01 20/01 26/01 21/01 22/01 23£ l
      1,376 words

  • Page 37 Advertisements
    • 1840 37 STRAITS SHIPPING PTE LTD MBV mad 10 Hm Chiang Road #11-01 Kappal Towers Slwgapara 020S Tafc *****88 Fm: *****17 ACCEPTS CARGO DUE SAA.S STRAITS STAR Vltt Muara lab. KK 03 Dm 04 Dec 04 Dac lAJAH BROOKE V2X Muara. Lab 05 407 Dec 04 Dac 09 Dac SMGAPORE KORTONGSOM SPutnSr,-:
      1,840 words
    • 2168 37 SINGAPORE AGENT: Dj2}T\ PAO Containers (Singapore Agenciee) Pte Ltd I iVI W I .lITIL^iUICrN 10 Hoe Chiang Road #07-01 KEPPEL TOWERS SINGAPORE 0208 Tel: 225 2233 Tetax: RS ***** PNOCSP Fax; 225 5327/222 7517 CR Number: **********0Z V.«t«| VOT fM =555 Mt I Ato tOO ANT ROT NAM HUa VOY
      2,168 words

  • Page 38 Advertisements
    • 699 38 CR NBR **********0-0 I I EXPRESS SEMI CONTAINERSHIP SERVICES 11 TO EUROPE 1 1 Wl/WT STOtt ROAM, ADAM HlUtfi BKOtH MfTOOT I I MATARAM/33N8 13/12 15/1 20/1 25/1 21/1 I FAST TRANSIT TIME I ACCEPTING BREAKBULK/CONTAINERISED CARGO I I Subject to InducMMnt. Atoo accepting cargo to CasaManca, I Port Said,
      699 words
    • 1395 38 HANJIN SHIPPING rna v*i I sm ILM HAUL SEA VCR FOR VSI SM UK HAUL SM tN RfC HANJIN CICJU OS9E 7/12 H. MA SAN 075E 30/12 1/1 HANJM CHEJU M9E 7/12 M. AtCRKA OOCE 14/1 15/1 17/1 HI KWANGTANG 096E 14/12 M. MMI2K 9/1 10/1 HJ. KNAR6TANG 096E 14/12
      1,395 words
    • 1265 38 J _J.T-rrnjqT^ 1m wiKi«u(w*lnnh no uu Ob i* nit in mm mm nr m m cob m• I I sua K-M4 l/U 0/12 14/12 U/12 11/12 21/12 22/12 24/12 2S/12 21/12 21/12 1/1 21/1 22/1 21/1 2/2 V 2 4/2 4/2 </2 14/2 2*/2 2/1 V» I 10AHNG Of-074 14/12
      1,265 words

  • Page 39 Advertisements
    • 1333 39 ACE: 'OOCL HONOUR 22W ETA SGP 05/12/02 II H iVOMm II ETA LEH 21/12/02, FLX 22/12/02, H iflHI imnai nnmm maii nnmm iHiiiiiiiiiiiii IU FEEDER VSL VOY SOP MOTHER VSL VOY SET PLD MIN VESSEL VOY SGP LOS OAK VAN CHI DAIVHOU MPH ATL NYK 1 C PEGASUS 09E 09/12
      1,333 words
    • 1021 39 &SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) j FULL CONTAINERSHIP SERVICES EASTBOtfO—«SCaMOH6 WESTBOMP-LOAOH6 TMHSHffB) WAKOTTBIOAII
      1,021 words

  • Page 40 Advertisements
    • 1651 40 K ASAGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********QM) MjK W V TEL *****77 TELEX KAWAKIRS23I6S FAX: *****07/99 > I f%| M MALAYSIA: *K" LINE MARTTIME (MALAYSIA) SON BHD I JMm JL 1 JLm# TELSASSO24OO PK*****01/5 PENANG632O2O J*****01 mamm KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.SARANALAUTNTERNUSA TEL JKT *****76. *****77,*****06 /"EXPOfIT
      1,651 words
    • 1122 40 PHIU-OttlfNT LMS Pl€ ITP 4\i" 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... ASX WE TAKE ON THE WORLD FOR YO(7 £&£> MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 8 DEC SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 16 DEC AUCKLANO.
      1,122 words

  • Page 41 Advertisements
    • 1012 41 PACIFIC INTERNATIONAL LINES (PTE) LTD BSSB9V mBKM 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E SIN BKK SIN VSMEL VOY MN JKT SM M gjyuyx (THAI FLAG) MM 4CN «/13 »/12 Wtt KOTA MOAH 481 8/1* Wl2 KOTA BINTANG KBT4BN 8/12 IVtl 18/1* BUNOA TERATAI
      1,012 words
    • 1413 41 p P GUOANG PgNANG P KELANG OCEAN VSL-'VQY SIN SOU(l) RTM (2) HAM (3) GOT (4) g 4/12 4/12 5/12 BENAPTY 2482 8/12 27/12 28/12 29/12 6/1 g "TTTTi iTTii 12/12 alsja 2492 iiTii 1/1 3/1 4/1 6/1 D 16/12 16/12 19/12 BENAVON 2502 22(12 8/J 10/1 11/1 13/1 E
      1,413 words
    • 283 41 °BSA° TRANSPORTATION M MYANMA H FIVE STAR UWE (Myanmar National Line) Loadnf for Yanion (Rangoon) Sport PJUc Fan P.64f HTOCTWt V274W kPt PATHEM VI2M bi Pi tVA-MI VIMN 12/15 OK PA6AN VISIR IS/19 Dm NIGERIAN NATIONAL IflA SHIPPING LINE «BP NIGERIA EXPRESS SERVICE l\ RIVER MAJE RIVER NOAOA V.50 V.50
      283 words


  • Page 43 Advertisements
    • 48 43 L/C" VISA FREIGHT SERVICES PTE LTD Q established Since 1984 J&QMi AUCKLAND SYDNEY FOKT fig HEIBOUBNE FREMME sen yy FOR BOOKOTO tt SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATIOPI PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: *****66 TOLL-FREE TEL: *****3* FAX: *****86 FAX:*****37
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  • Page 44 Advertisements
    • 2266 44 ,0 Conventional Semi-Container Fail Container Liner Services Liner Services Gftral Aftwtx I***** ft-. $**,s*•* Cta, C*. S* 0* M. «MM» MlllH **> Ykk Fung Shipping S*p*« FnigH laatt* 6nabk* Agmdu Cosfir Shipping Rte Ltd fafcM BaaM* Caatn S* aw 58 Persiaran Raja Muda Musa UK 3.34. 3rd Floor, JIIRH Juanda
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    • 306 44 tMWBBU MDONEBA (S) PTE LTD 13 McCALLUM STREET #09-01/03 NATWEST CENTRE ttiMiiri 0100 Tatwc RSBI4O Tafc 22M251-9 Fuc 228 48M, UltX ran WXMONM CALL DMCT UM TEL: *****41/2222M3 I MN/JAK WVICI VESSEL VOY SIN JAK DERAJAT 1010 M PT 08/12 (SUN) PELOPOB 1067 05/12 (SAT) 08/12 (TUB ELBE STAR 913
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  • Page 45 Advertisements
    • 590 45 jjg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LNASSOL/PIREAUS 6/12 ROTTERDAM 6/12 HAIFA/ASHOOO/ALEXANDRIA 6/12 HAMBURG/BREMEN 6/12 MARSEILLE/FRANCE 6/12 FELIXSTOWE/UK 6/12 BARCELONA/SPAIN 6/12 LEHAVRE/ANTWERP 6/12 GENOA/ITALY 6/12 GOTHENBURG/SCANDINAVIA 6/12 LOS ANGELES /WC IPI 6/12 SYDNEY/MELBOURNE 8/12 NEW YORK/EC 6712 FREMANTLE/ADELAPE 9/12
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    • 727 45 ICSHMSSIdSIW!^M3CSMS^T^TDI TEL: *****33 (12 Linos) FAX: *****15/*****03 TELEX: RS ***** RIBHIP (3 Line*) ETHIOPIAN SHPPING LINES (National Lines of Ettuopta) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA LOAOMQ FOA BPOWE ABBAY WONZ 34 WB 12/12 OARESSALAAM. MOMBASA. OJOOUTI ASSAB. MASSAWA NETSAMET 27W8 ISA>I OARESSALAAM. MOMBASA. OMBOOV ASSAB. MASSAWA H KIEN
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    • 446 45 SL_J Kffl BHUM 075 IPT Ot/12 RMS BHUM 53R Pit 04/12 IM >7/12 tarn BHUM 55S 05/12 M/ 12 NANTA BMUM 11RI Sat 05/12 HM »/12 RMR BUM 170S 00/12 12/12 G. KQfIRTStV* 04* Mwi 07/12 Tlw 10/U I iSZI2 I*lll PWABHUM## 2t2W Mm 07/12 Fri 11/12 MAMA BHUM# 19M
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    • 365 45 ®®apa wER-une i > VSL VOY WMUAPUWI I MADRAS WOOAPOPI icssa «0T ai mm an IKB STM 44N 0544/12 10-17/12 24-25/12 ran m» am 0740/12 13-15/12 21-22/12 neat sran zm m-u/12 20-22/12 20-10/12 no mow 4sn 17-u/u 23-24/12 3141/01 VSL VOY MNQAP OWE/CALCUTTA/WMQAPOWE «BSL W» CM IKB am 003 CM
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  • Page 46 Advertisements
    • 1351 46 GROUPAGE I •N-/YViPEHANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 V V P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS PEN PKL StN PEN PK SIN 6/12 7/12 8/12 Hong Kon| Ldn/Fh/Rdm/Ant/LHV 3/12 4/12 5/12 9/12 10/12 11/12 Hong Kong GtMrg/Chagon/Slwim/Osio 6/12 7/12 8/12 13/12
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    • 255 46 IF* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML in PftEMEX 21S In Port 12/12 14/12 30/12 MULBQU 30S 16/12 21/12 30/12 10/1 AUST SIM MS 25/12 fi/1 1/1 25/1 FULLY CONTAINERISED BAILJNaS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
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    • 1148 46 f Ol THONG SOON UNES PTE. LTD.] Mz 77 ROONSON ROAD #15-00, #16-00 SIA BULOMG SHGAPORE 0106 TEL: *****88 FAX M 0: *****11, *****22 TUL ItS ***** CARRP, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA ttssa |m Irrog Inn rasa wi smt |p. mm EQUATOR
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  • Page 49 Advertisements
    • 39 49 long years is 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 Singapore Press HoMhigs
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  • Page 50 Advertisements
    • 286 50 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSQ VOYAGE SWGAPORE MAMLA VIGOUR LUZON §NB 4/12/92 12/12/92 FWPAY WD MOMMY VIGOUR LUZON 6AHB 7/12/92 12/12/92 VIGOUR SINGAPORE 11/12/92 16/12/92 VIGOUR SWGAPORE 42ANB 14/12/92 16/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE PORT KLANG PENANG ARKTtS GRACE 9227N 2ZI2ZS2 U***** fi AOS
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    • 318 50 i. cosco U«C CONVPITIOHAL SERVICE VESSEL PKL PNO P.O. LOADING FO«: A VESSEL 2S/11 Rottardam/Antwarp CHMA COHVOmOHAL MBQg VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 15/11 20/11 Huang pu/Quangifxxi COSCO FULL COHTAMCT IQWCtI (FCI/FCL) EXPORT TO; CHXA/BAWOKOK/MOMOKOWO EUROPE/CONTMENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULP/KARACHI Plmm rater
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    • 171 50 1 QQjQjg CONTAINER UNE FAR EAST WEEKLY /JL CONSOLIDATION C| tyrfiL HONGKONG JAKARTA KEaUNG/KAOHSIUNC MANILA SUSAN PCNANC/PORT K£IANC BANGKOK TOKYO/YOKOHAMA/KOBE Tel: 538 0155 OWENS CONTAINER UNE (S) PTE LTD /"HONG KONC 133 New Bridge Road #09-06 Chinatown Point S'pore 0105 N VESSEL VOYAGE SINGAPORE PORTS OF CALL IN INDONESIA ETA
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  • Page 50 Miscellaneous
    • 450 50 TODAY'S TIDES (height in metres) HOW 0000 1100 0200 0300 MM 0500 KM 0700 MOO 0900 1000 1100 1200 13M 14M 15M IMO 17M 10M IMO 20M 21M 22M 23M JR 10 1.2 1.5 1.8 2.0 2.2 12 2.1 1.9 16 1.5 1.4 1.4 1.6 18 2.0 2.1 2.1 2.1
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  • Page 51 Advertisements
    • 1024 51 I HYUNDAI I MERCHANT MABINE CO. LTD. WESTBOUND TO EUROPE «sas PNA ttE WP SB HTM WT' LIT HW roll COMMMDO 301* 4/12 4/12 4/12 8/12 29/12 29/12 30/12 21/12 20/12 2VU SI FREEDOM 302W 11/12 11/12 11/12 13/12 1/1 1/1 2/1 2/1 2/1 VJ K MNOVATOR 30IN 11/12 11/12
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    • 392 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO t HEAVY UFTS WBOUND VESSELS «usb m n uc u MUM M 1/11 7/1 SKI Mm 71 1/11 11/11 sou uert u 11/11 u/u TIUK m l» u/u u/u MMT KM M U/U Mll/ll MM RIM II U/U cmmc cMiincn a a/u u/u
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    • 866 51 OUR UBA I |m.m 0 |u« p|« |gv p SERVICECALLS mbbm in m/u ilumtoi ium mm/u n/u m/u a/u a/u a/u u/u n/u w/ti SINGAPORE ■■Mil im u/u auuiumoot nun »u/u u/u u/u mm mm mi «/w u/u Mil DIRECT EVERY I mm mm iia a/u auaraw «jk*i twvu u/u
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    • 136 51 BINTANG MAS SHIPPING PTE LTD. 39 NHL ROM) SINGAPORE 0208 TEL: *****8* TLX: R*****5 SMMER FAX: *****64 •com «n# CARGO STOK OCSIMTOI BMTMGKLNT K« OW7 KC 04-41 Ott Mfc MUM* lOCURT MK V22E 17-H ISC IMI KC Mora. Utaa WTMCSBM 12* 09-10 KC 11-11 KC Mfc. Mi. Ml mCURT KM
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  • Page 52 Advertisements
    • 66 52 INVESTMENT Every Saturday in Business Times —I j The Becufcve Housekeeper -this hotel J O I I waffe »s me. Bob I'll never neglect L y -this house, b%/ J Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times business Times The new
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    • 6 52 INVESTMENT Every Saturday in Business Times
      6 words