The Business Times, 16 November 1993

Total Pages: 52
1 52 The Business Times
  • 13 1 Business Times MITA (P) 552/12/92 Tuesday November 16 1993 W'E KNOW ASIA 75'
    13 words
  • 2am LATEST
    • 89 1 Reuter NEW YORK Wall Street stocks remained lower at midday on a trading day dominated by Nafta jitters and weakness in issues which had a strong run last week. "It's a pure Nafta market, and it's going to remain a Nafta market until
      Reuter  -  89 words
    • 49 1 Reuter TOKYO Japanese Prime Minister Morihiro Hosokawa failed to defuse a parliamentary crisis today after last-minute midnight talks with opposition leader Yohei Kono over a package of political reforms. The failure endangered Mr Hosokawa's promise to enact the measures bv vcar's end.
      Reuter  -  49 words
  • Article, Illustration
    109 1 Stock market indices Monda) Change Sril 2.095.55 -16.45 KLSE C omposite ***** -11.1 Nikkei 18.074 61 -418.94 Hang Seng 9,733.34 +32 09 SET Index 1.367.31 -13.53 Jakarta Composite ...516.81 f3.94 CLSAChinaB 1.227.19 +37.98 AustAHOrd 2.082.9 +8.9 FTSE 100 3.093 -5.8 Momta> I'retious Ipm close Dow Jones 3.670.53 3,684.51
    109 words
  • 129 1  -  By R Sivanithy SINGAPORE Share prices closed weaker on three regional exchanges yesterday after a poor start by the Tokyo market made investors wary. Japanese stocks finished well down, with the Nikkei index dropping 418.94 points or 2.27 per cent to close at 18,074.61. As
    129 words
  • 609 1  -  By Agnes Chen SINGAPORE Broking firms, squeezed for working capital and concerned about speculative positions, are getting tough with clients and putting the brakes on trading. Besides enforcing tighter credit terms, at least four houses Kay Hian James Capcl (KHJC), Kim Eng Securities,
    609 words
  • 626 1  -  By Agnes Chen SINGAPORE Singapore Telecom will not be included in the widely-followed Morgan Stanley Capital International (MSCI) indices, a development which may further dampen demand for the stock among foreign fund managers. Mark Sladkus, the Genevabased publisher of the MSCI indices,
    626 words
  • 206 1  -  By Chuang Peck Ming SINGAPORE In terms of labour productivity, Singapore is ahead of South Korea and Taiwan, says a new survey by the Korea Productivity Centre (KPC). KPC calculated that Singapore's output per worker in 1991 was U5520,169
    206 words
  • 82 1 AFP. Reuter TOKYO The Fair Trade Commission, a watchdog promoting fair commercial practices, yesterday raided the offices of six major Japanese electric firms to investigate sus- pcctcd bid rigging, officials said. The FIX' declined to name the firms but NHK public television said they
    AFP.; Reuter  -  82 words
  • 462 1  -  Run-up to the Apec Summit From Yang Razali Kassim in SEATTLE A PEC is beefing up a twotrack strategy to support the world trading system, now under siege from a possible collapse due to protectionist pressures from Europe. As part of this move,
    462 words
  • 375 1 AP Bloomberg Business News WASHINGTON A big increase in car manufacturing helped boost output at US factories. mines and utilities in October by 0.8 per cent, the biggest increase in 11 months, the government said yesterday. The gain in the Federal Reserve's
    AP; Bloomberg Business News  -  375 words
  • Page 1 Advertisements
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    • 7 1 Property: Pg is Sitting on gold mines
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 341 2  -  By Anna Teo THE consensus remains the Singapore dollar is likely to remain one of the strongest in the region well into next year. But there are also long-term questions about the creeping intcmat ional isat ion of the currency, says the Political
        Source: PERC  -  341 words
    • 429 2  -  By Abdul Hadhi THE Jumabhoy family is to consolidate' its retail business under a new. privately-held holding company. Lion City Moldings Pte Ltd. In an announcement yesterday. the family, which controls listed Scotts Holdings, said Asad Jumabhoy will be responsible for the
      429 words
    • 473 2  -  By Anna Teo NINE in 10 Singapore households are family-based about the highest compared with other newly-industrialis-ing and advaneed eeonomies. according to a Department of Statistics (DOS) study. Only South Korea, with 90 per cent family-based households. comes close to
      473 words
    • 159 2 SINGAPORE hanks are bigger and more cflfieient than South Korean hanks, says a Korea Development Bank report. The state-funded bank says three of Singapore's big banks had average eapital of US$l.7 billion (552.7 billion) in 1990-92. The eapital of Korea's seven
      159 words
    • 208 2 FT. SINGAPORE trading house Inchcape. British chain store Littlewoods and Japanese retailer Jusco were all interested in buying the franchise of Body Shop International's Singapore business and head franchises in a number of other Asian countries. Anne Downer, the former head franchisee,
      FT.  -  208 words
    • NEWS ROUNDUP
      • 86 2 UOB PLAZA has won the third annual "Best Buildable Design Award" in the commercial buildings category, organised by the Construction Industry Development Board. Its winning features include a structural steel frame and a granite curtain wall which enabled the building to be completed in a
        86 words
      • 49 2 THI: Minister of Finance and National Development. Dr Richard Hu. will officiate at the opening of a permanent exhibition tomorrow at the Singapore Science Centre called "Man and Environment". The display hopes to create a greater awareness among Singaporeans about protecting the Earth.
        49 words
  • Page 2 Advertisements
    • 461 2 BOUTIQUES: I V&J 11 II HYATT REGENCY SINGAPORE HSINGAPORE 0922 TEL 235 SINGAPORE TEi r "M»W» < ch*rf« 1 I 7. m .of: <i.±.~~,:i';ft OE Ctocot*\ ckiiffy liWiUa, JSi 10 JHfltl OMt L?i*tluK 9 I I J- 111 I Unisys just added new U ;i»rsMiKEsi:r rewgs I ["^g"u9^. m^WEfl 1
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  • THE REGION
    • 462 3 AFP, The Straits Times KUALA LUMPUR Malaysia has reassured foreign investors that its investment policies will remain largely intact even if there is a leadership change. Prime Minister Mahathir Mohamad yesterday said he was confident his successor would continue with the policies he
      AFP,; The Straits Times  -  462 words
    • 113 3 AFP MANILA The Philippine government is raising its foreeast of its combined public sector deficit (CPSD) for 1993 to 52 billion pesos (552.9 billion). Sources in the finance agency yesterday said the new CPSD forecast would make the deficit equivalent to 3.4 per cent of the
      AFP  -  113 words
    • 226 3 Bernama KUALA LUMPUR A national co-ordinating body for information technology will be set up soon to make strategic planning on information technology. Deputy Finance Minister Abdul Ghani bin Othman said yesterday: "The government is in the final stage of establishing the
      Bernama  -  226 words
    • 271 3 AFP, Reuter JAKARTA Coordinating Minister for Public Welfare Azwar Anas says the government is likely to stop distribution of a controversial lottery which has sparked widespread protests. Mr Anas was quoted by the official Antara news agency yesterday as saying the government would take the
      AFP,; Reuter  -  271 words
    • 582 3  -  Run-up to the Apec Summit From Yang Razali Kassim in SEATTLE THREE of Asia's largest economies are against a bid by the United States, Singapore and Australia, among others, to turn Apec (Asia-Pacific Economic Cooperation) into a free trade area. But
      582 words
    • 242 3 AFP BANGKOK International meetings to tackle one of the most serious environmental threats to the planet, the depletion of the ozone layer, opened yesterday with delegates from 127 countries attending. The more than 700 delegates, meeting until Nov 24 at the United Nations
      AFP  -  242 words
    • ASIA NOTES
      • 102 4 Bloomberg Business News TAIPEI Overseas investments approved by Taiwan authorities rose 59 per eent betwecYi January and October from a year ago to USSI.3 billion (SS2 billion), the government said yesterday. Newly approved investments in the United States, Singapore and the Philippines increased in the
        Bloomberg Business News  -  102 words
      • 60 4 UPI TAIPEI Taiwan's largest opposition group set yesterday evening for the launch of a pirate television station it said would break a ruling party monopoly on the electronic media. But the government has vowed to fine any unlicensed station and pass laws making illegal
        UPI  -  60 words
      • 59 4 Knight-Ridder BANGKOK Thailand has sold another 80,000 tonnes of rice to Japan for shipment by Dec 31, a Commerce Ministry official said yesterday. No price information was available. The sale brings to 263*000 tonnes the amount of Thai rice sold to Japan so far
        Knight-Ridder  -  59 words
      • 96 4 AFP COLOMBO The death toll from recent fierce fighting in northern Sri Lanka between Tamil Tiger guerillas and security forces was set to exceed 1,000, defence sources said yesterday. The Liberation Tigers of Tamil Eclam (LTIE) announced over its clandestine radio Voice of
        AFP  -  96 words
      • 107 4 AFP AUCKLAND One of New Zealand's 1980s corporate high-fli-ers appeared in the District Court here yesterday facing charges of fraud totalling NZS9.3 million (557.9 million). David Phillips, 44, was chairman of Pacer Kcrridgc Corp which once owned a chain of cinemas throughout New Zealand and
        AFP  -  107 words
    • 628 4 But no overall accord unless UK makes major concessions Reuter HONGKONG China is willing to approve less contentious reforms for Hongkong, but sees no chance of an overall deal on its democratic future unless Governor Chris Patten' makes
      Reuter  -  628 words
    • 161 4 AFP BEIJING China has found a new way to enable would-be investors to buy new stock issues without going through the old practice of having first to buy application forms, the China Daily said yesterday. Officials with the China Securities Regulatory Commission were quoted by the
      AFP  -  161 words
    • 371 4 AFP BLUING German Chancellor Helmut Kohl yesterday held talks with Chinese Prime Minister Li Peng, launching a five-day visit that German delegation sources said could net contracts worth more than USS3 billion (554.77 billion). The political head of Europe's most prosperous
      AFP; Reuter  -  371 words
    • 197 4 Bloomberg Business News HONGKONG Three powerful Chinese government agencies were recommending that the central government ease its efforts to cool the country's economy, the Bei-jing-backed China News Service said yesterday. A slowdown in industrial production is an unavoidable outcome of
      Bloomberg Business News  -  197 words
    • 207 4 Reuter BANGKOK China's 89-year-old supreme leader Deng Xiaoping is in "superb" health and takes a daily walk for exercise. his eldest son said yesterday. "He is a strong man who performs daily exercise by walking and playing bridge. His bridge talent is at
      Reuter  -  207 words
    • 435 6 Reuter. Bloomberg Business News TOKYO European Community Trade Commissioner L.eon Brittan said yesterday that there was no direet link between the so-ealled Blair House agreement with the US to eut farm subsidies and Japan's ban on rice imports
      Reuter.; Bloomberg Business News; Reuter  -  435 words
    • 331 6 Reuter TOKYO Debts left by companies that went bankrupt in October rose 12.2 per cent from the previous month to 485.79 billion yen (557.27 billion), according to data compiled by Tokyo Commerce and Industry Research Co. Bankruptcies involving debt of over
      Reuter  -  331 words
    • 536 6 AFP TOKYO Japan, forced by recent political changes in China and Taiwan's growing importance as a regional economic power, has begun a discreet review of its relations with Taipei. say Japanese and Western diplomats. The latest Japanese initiative towards relations with Taipei
      AFP  -  536 words
    • 192 6 AFP WELLINGTON Another election in the next couple of months was possible if a minority government was unable to effectively run New Zealand, Prime Minister Jim Bolger said yesterday. "New Zealand has to be governed," he told Radio New Zealand.
      AFP  -  192 words
    • 355 6 Bloomberg Business News AFP CANBERRA Australian Prime Minister Paul Keating said governments will be able to decide if an important economic project should take precedence over aboriginal land claims. Mr Keating was delivering a nationally televised address last night on his
      Bloomberg Business News; AFP  -  355 words
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  • Page 4 Advertisements
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  • Page 6 Advertisements
    • 413 6 THE SINGAPORE ENTREPRENEUR PROGRAM ■■■I Singapore's first hands-on entrepreneurship development program I The Program '"take: 8 modules presented over 4 days (two weekends only): Date :8,9, 15 and 16 Weekend 1 Entrepreneurship and Innovation January 1994 New Business Opportunities (weekends only) Venture Planning and Development 1 Time 9.00 am to
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  • REGIONAL FOCUS
    • 1239 7  -  China's new economic reform package will restructure the system and change how the country is run From Peter Seidlitz The writer is China Correspondent for Handelsblatt, the German financial and business daily. He contributed this article to BT. in BEIJING CHINA'S Communist Party leaders
      1,239 words
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  • THE WORLD
    • 529 8 Reuter BRUSSELS the European Commission, warning of looming chaos, wants rapid cuts in interest rates, wage rises kept one percentage point below productivity growth, labour flexibility, higher investment and a broadening of the tax base in order to boost faltering economies and
      Reuter  -  529 words
    • 267 8 Reuter PARIS Israel and the Palestinians begin their first economic talks under the Sep 13 Israel-PLO peaee agreement in Paris today. The two-day meeting at the Kleber conference centre will be the inaugural session of an economic committee established in the accord on
      Reuter  -  267 words
    • 364 8 AP MOSCOW The Communist Party is now among the top three in the raee for December's parliamentary elections following a big jump in its popular support. The Itogi current affairs show on Russian television yesterday said a poll it commissioned
      AP  -  364 words
    • WORLD WATCH
      • 69 8 Bloomberg Business News LONDON Austria unveiled an ambitious privatisation agenda under which many state-owned industrial companies will be floated on the Vienna Stock Exchange and other overseas markets, the Financial Times reported yesterday. The sales begin this month with the ofTer of 25 per cent in
        Bloomberg Business News  -  69 words
      • 73 8 Reuter LAS VEGAS Bred Gleeson working on the connections for the Impact 21 at the annual Comdex (Computer and Communication Dealers Exposition) here on Sunday. The Impact 21 is for multimedia presentations and it is designed to project high quality images through an overhead
        Reuter  -  73 words
      • 60 8 AP DAMASCUS Senior military commanders of Iran and Syria have held meetings here on boosting military cooperation between the two countries, the state-run media reported yesterday. Syrian Defence Minister Mustafa Tlass met on Sunday with the commander of Iran's Islamic Revolutionary Guards Corps. Mohsen Rezaie,
        AP  -  60 words
      • 80 8 Reuter PARIS Tens of thousands of students and professors gathered in Paris and across France yesterday to demonstrate against overcrowding and rundown conditions in universities. But commentators said there was no sign that the protests would turn into a rerun of the 1968 student-worker uprising
        Reuter  -  80 words
      • 89 8 Bloomberg Business News LONDON Britain's Accounting Standards Board is planning to introduce more rigorous accounting standards on general provisions. write-downs on assets and pension-fund valuations, the Financial limes reported yesterday. The proposals drawn up by the financial reporting standards-setting body hope to prevent companies from
        Bloomberg Business News  -  89 words
    • 590 9 Bloomberg Business News WASHINGTON The Clinton Administration is 12 votes short of the 218 needed to pass Nafta, said US Trade Representative Mickey Kantor on Sunday, three days before a crucial House head-count on the North American Free
      Bloomberg Business News  -  590 words
    • 390 9 Reuter BUENOS AIRES President Carlos Menem, the architect of Argentina's economic recovery, on Sunday won his battle to be allowed to run for a second term and immediately scrapped a plebiscite scheduled for next Sunday. Mr Menem and his predecessor Raul
      Reuter  -  390 words
    • 280 9 Reuter WASHINGTON US life insurers are worried reform of the health-care system will cost tens of millions of dollars in new taxes, industry officials say. "The language we've seen in the proposed legislation is vague but could result
      Reuter  -  280 words
    • 439 9 Reuter NEW YORK An investigation of Kennedy assassination files released last summer has found that the FBI and CIA withheld and destroyed evidence, as government officials focused more on protecting their agendas than getting at the truth. In a lengthy
      Reuter  -  439 words
    • 258 9 AFP BONN A panel of experts charged by the government with examining the German economy has predicted a dramatic rise in unemployment next year, saying the economy will be "very volatile". A report by five respected economists the so-called Five Wise Men gives a
      AFP  -  258 words
    • 599 11 FT LONDON The international telecommunications industry is buzzing over Project Atlantic, the putative alliance between France Telecom, Deutsche Telekom and American Telephone and Telegraph, the world's three largest operators. If it comes to fruition, a draft agreement to merge all but the domestic
      FT  -  599 words
    • 428 11 NYT LONDON Before it was acquired by NBC in early October, Super Channel, a panEuropean broadcaster, struck Patrick Cox as a bewildering mish-mash of paid religious programming, rock videos, news and home shopping. But Mr Cox. the managing director of NBC's operations in Europe,
      NYT  -  428 words
    • 192 11 Reuter TOKYO Four Commonwealth ministers on a world mission to drum up support for a global trade pact say they are hopeful that the Uruguay Round of Gatt world trade talks will end by a mid-Decem-ber deadline. Ministers from Barbados, Malaysia. Ghana and
      Reuter  -  192 words
    • 430 11 Knight-Ridder LONDON Britain's Chancellor of the Exchequer Kenneth Clarke will be asked to consider granting a significantly greater degree of independence to the central hank. The Sunday Times reported that the British government was planning to raise money through
      Knight-Ridder  -  430 words
    • 69 11 AFP BERLIN Police arresting an elderly protester on Sunday in Berlin during demonstrations at the inauguration of the ISeue Wache as the new Central Memorial of Germany. The controversial monument, which was inaugurated by leading German politicians, has raised protest mainly by Jewish organisations as
      AFP  -  69 words
    • 176 11 AFP PARIS Eurotunnel, thjp-Franco-British agent for the* Channel tunnel, is seeking four billion francs (SSI.OBI in compensation from France* and Britain for costly changes* imposed on the project. A formal request for the* compensation resulting from multiple changes to vehicle and passenger shuttles*' imposed by
      AFP  -  176 words
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  • Page 9 Advertisements
    • 161 9 i obummer t &ll(X Enjoy the delicate temptation of the finest Cantonese dian xin for lunch, freshly prepared by our team of Hong Kong chefs. And what better place than the Summer Palace to eat to your heart's content. Complimentary valet parking available. the V s Singapore j I Cuicidcn
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  • Page 12 Advertisements
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  • LIFESTYLE
    • 693 13  -  What is it like for lovers in Singapore, what is love in Singapore? Two Canadians tell Claire Leow their discovery on the Claire Leow BLAKE Brooker and Denise Clarke, a dramatist and a dance choreographer from Canada, have chemistry. They converse with me as one entity. Blake
      693 words
    • 368 13 CHATTERBOX Reuter Reuter AFP PEPSICO Inc ended its recordsetting. nine-year sponsorship of Michael Jackson when the pop superstar cancelled his world tour, a spokesman for the soft drinks giant said on Sunday. Jackson scrapped the remainder of his tour on Friday, admitting that he was
      Reuter; AFP  -  368 words
  • Page 13 Advertisements
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    • 72 13 a XeocKevv cuisine., tke way it should oe.! Savour the rustic, refined flavours of irresistible traditional favourites such as Teochew Braised Goose, Deep Fried "Pomegranate" Chicken, etc each at its best. We also cater for private functions including x company dinners, j birthdays and special wedding packages. V m TEOCHEW
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  • Page 13 Miscellaneous
    • 1280 13 TV RADIO ■VTTTThTmTm* ST r* > ..-»> tm^WKW H 4k JIfTM Agnes of God. 10 30pm, SBC 12 Mm tKmIBp A young novice (Meg Tilly) gives birth to a baby that is flfH found strangled. Jane I onda is the eourt psychiatrist who is *%L* sent to solve the case,
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  • SPORTS
    • 402 14 World Cup of Golf Golf AP ORLANDO, Florida Fred Couples and Davis Love 111 cruised to a front-running victory on Sunday in defence of their title in the World Cup of Golf and completed an American sweep of all the major team championships this year. The
      AP  -  402 words
    • 480 14  -  By Shahiron Sahari SINGAPORE Jack Nicklaus, one of the greatest golfers of all time, strode into Singapore yesterday as golf course designer a role he hopes he will be as much a legend at as he is as a player. Nicklaus, the
      480 words
    • 70 14 AFP NEW YORK Over 25,000 runners crossing the Verrazano-Narrows Bridge on Sunday at the start of the 1993 New York City Marathon. Andres Fspinoza of Mexico won the 24th annual race in a time of 2hr lOmin 03sec. Uta Pippig of Germany won the women's
      AFP  -  70 words
    • 760 14 NYT NEW YORK The most reassuring aspect of the Virginia Slims Championships, where the world's best 16 available players will do battle beginning Monday at Madison Square Garden, is that it guarantees an end to a truly disturbing year for women's
      NYT  -  760 words
    • SPORT SHORTS
      • 158 14 AP MIAMI Don Shula became the winningest coach in NFL history on Sunday, passing George Halas when he guided the Miami Dolphins over the Philadelphia Eagles 19-14. Shula's 325 th victory came on the strength of a big-play defence. It also came with a backup to the backup
        AP  -  158 words
      • Article, Illustration
        118 14 Reuter AP NEW YORK NBA Sunday: New Jersey 132 Sacramento 102; LA Lakers 107 Cleveland 100; Portland 114 Detroit 111. JAKARTA Saudi Arabia edged out favourite China 74-69 in overtime on Sunday in the qualifying rounds of the 17th Men's Asian Championship. In earlier action. Iran pulled off a
        Reuter; AP  -  118 words
      • Article, Illustration
        142 14 AP PERTH Michael Slater and Mark Taylor shared a 198-run opening partnership yesterday that steered Australia out of potential danger on the fourth day of the first cncket test against New Zealand at the Waca Ground. Slater shrugged off a slump that had not seen him pass 30 in
        AP  -  142 words
      • Article, Illustration
        272 14 Reuter AP ORIANDO, Florida World Cup C *otf final round scores Sunday: 556 US (Fred Couples 66 71 70 68. Davis Love 71 69 71 70) 561 Zimbabwe (Nick Price 70 69 71 68. Mark McNultv 71 68 72 72) 565 Scotland (Colin Montgomcric 75 70 69 70. Sam
        Reuter; AP  -  272 words
      • Article, Illustration
        26 14 Reuter NEW YORK NHL Sunday: Quebec 5 Florida 2; NY Rangers 3 San Jose 3 (OT); Chicago 4 Dallas 1; Vancouver 3 Anaheim 2.
        Reuter  -  26 words
      • Article, Illustration
        97 14 AFP AP ANTWERP, Belgium Pete Sampras ensured he will finish 1993 as world No I by trouncing Magnus Gustafsson 6-1, 6-4 in the European Community championship final on Sunday. Sampras brushed aside the unseeded Swede in just 53 minutes. AFP PHILADELPHIA Conchita Martinez ended a nine-match losing streak against
        AFP; AP  -  97 words
      • Article, Illustration
        148 14 AFP MELBOURNE Yoto Yotov's pinnacle career performance stretched Bulgaria's overall gold medal tally to three from four men's categories at the world wcightlifting championships here last night. Yotov defended his title with a combined 342.5 kg to carry off the 70 kg division by 10 kg from his Turkish
        AFP  -  148 words
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  • PROPERTY & CONSTRUCTION
    • 619 15  -  Lee Han Shih on major beneficiaries of the residential property bull run Lee Han Shih This article first appi'arcd in the November issue of Singapore Business OWNERS of Singapore's bungalows have been major beneficiaries of the twoyear bull run in residential property. By one
      619 words
    • 211 15 Jones Lang §f^Wootton Selected transactions in the past week Date of ~~J Built in area Sale price M transaction District Property Type (#q ft)' Ten re (s£ SJ P* f PRIVATE Nov 7^1993 0512 Westpeak Apt 1900 999LH 878,000 547 Nov 12,1993 0923 Orchard Towers Apt 1969 FH
      211 words
    • REGIONAL SKYLINE
      • 82 15 SINGAPORE Local firm Liang llual Aluminium has clinchcd two contracts to provide ceiling and wall panels for part of the Suntec City Convention Centre project. The first is a 5i6.5 million sub-contract from Suntec's main contractor. Hyundai Ssangyong Consortium. The second is a 55.1
        82 words
      • 95 15 SINGAPORE New Zealand property firm Bayleys will be in Singapore between No% 19 and 21 to sell 36 waterfront properties in NZ and on the Pacific Islands of Rarotonga and Fiji. An exhibition will be held at the Shangri-Ij Hotel. The properties include a 24 ha
        95 words
      • 82 15 SINGAPORE Estate agent Jones Lang Wootton is offering 23 townhouses on the Gold Coast. Queensland. An exhibition will he held at the Pan Pacific Hotel from Nov 18 to 21. The houses are part of a 47-unit project called University Place, in the suburb of
        82 words
      • 51 15 Australian Financial Review BRISBANE Brisbane's Seymour Group is selling strata title parking spaces in its Festival Car Park on a 10-year leaseback agreement. Investors can buy the spaces for A 546.000 (SS4B.(XX)) each. Seymour says the minimum return will be 7 per cent a
        Australian Financial Review  -  51 words
      • 111 15 AN article last week on Hilton International referred to the company as a subsidiary of US-based Hilton Hotel Corp (HHC). This is incorrect. Hilton International is owned by Britain's Ladbroke group and is quoted on the London Stock Exchange. While HHC has rights to the Hilton name
        111 words
    • 553 16 Ministries studying implications of proposed liberalisation plan THE Indonesian government has promised that foreigners and foreign institutional bodies will he allowed to own apartments in Indonesia in the near future. The announeement has been warmly welcomed by property developers, the Jakarta Post
      553 words
    • 271 16  -  By Abdul Hadhi GovernmentLINKED company Pidemco Land is refurbishing the retail podium of Beauty World Centre. The centre, a popular shopping complex in Upper Bukit Timah Road, is being renovated in three stages. Phases One and Two involving the upgrading of a fourth-floor
      271 words
    • 336 16  -  By A J Leow LOCAL developer Land Resource Realty is launching the sale of its lastest condominium development, La Crystal, on Friday. Pre-launch buyers, however. have already snapped up 62 of the 85 freehold units available at the
      336 words
  • Page 15 Advertisements
    • 154 15 r >• r rc^g. Breakfast in a garden terrace overlooking the curvilinear swimming pool. ami listen to the waterfall gently cascading into a Balinese inspired sunken courtyard and a lily pool set amidst rich tropical foliage. Rnjov resort-style facilities that come with a lull time Manager Facilities Coordinator Your apartment,
      154 words
    • 308 15 9 MARYLAND DRIVE SINGAPORE 1027 En-bloc or Individual Sale '"-r i j I p|oM i/. 0 II 21,685 sqft r ?lo* 1 jJ f fel I Mr Plot 2 I Iql 15,373 sqft En-bloc /jy y 37,058 sqft Good-class bungalows location Hill-top with magnificent view Close proximity to Cold Storage
      308 words

  • Page 16 Advertisements
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      185 words

  • Page 17 Advertisements
    • 206 17 A dedicated freight hotline. Instant price quotes for shipments from 20 kgs to thousands of kilos. Guaranteed eost savtflgs.* And next-day i i delivery to the USA jj!p§| i I 5 i I i Can you expect the same from other air express companies? Probably not. So call the FedEx
      206 words

  • 527 18 EDITORIAL IT IS no secret that many of the Asian leaders attending the Apec gathering in Seattle on Thursday are wary of President Bill Clinton's agenda. Right from the beginning the US proposal ran into opposition. Beijing made it clear that President Jiang Zemin would not
    527 words
  • WHAT THE OTHERS SAY
    • 150 18 IT IS NOT a question of whether Mr Yeltsin remains in office up to 1994 or 1996. What is at stake is his credibility. Mr Yeltsin's decision not to face the electorate next June, as he had promised to do, is discomforting. A presidential poll would
      150 words
    • 173 18 IN THE PAST. Singapore athletes used to complain a lot about the lack of financial incentives. Today, the complaint may not be valid anymore. The latest new incentive package for sportsmen, including Si million for an Olympic gold medal, is a good example of the government
      173 words
    • 168 18 WHEN Parliament debated the White Paper on Affordable Health Care last week, euthanasia was discussed. The objective of the White Paper centred on ways to curb rising costs of health care so that Singaporeans can continue to get high standards of medical and health care
      168 words
    • 119 18 GATT director-general Peter Sutherland, during a recent interview, added his name to the distinguished cast of free trade protagonists who have likened progress towards open markets to the bicycle. A metaphor "either you keep moving ahead or you fall down" describes the growth prospects of an
      119 words
    • 162 18 PRIME MINISTER John Major's letter to his Chinese counterpart Li Peng clearly demonstrates just how far Sino-British negotiations have reverted to their prePatten track. For that was precisely how the first dispute over the new airport was resolved two years ago, when Mr Major sent another
      162 words
  • 862 18  -  Michael Leifer says aid donors should ensure that the fragile Cambodian ruling coalition understands that power requires matching responsibility Michael Leifer The writer is professor of international relations at the London Sehool of Economics and Political Science IHT Almost ail 22.000 members of
    IHT  -  862 words
  • Page 18 Advertisements
    • 652 18 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 The Matter Of IN THE MATTER OF "N* Compares Act Cap. 50 IN THE MATTER OF THE THE COMPANIES ACT. 1 In The Matter Of COMPANIES ACT, CAP. 50 CHAPTER 50 MnLinn tko POCYFORM ENGINEERINGPTE.LTO. AND fYlUKinq Trie (In Members'VoHxitary Liquidation) IN THE
      652 words
  • Page 18 Miscellaneous
    • 172 18 p/c Ps re.ssftbO\ UHV/ we C*NTT T*KC IT T 0 twc A P.vt is fS&Top^J WD we.... DOH'T FORG€.T THPsT UTTLBjOby P«OC<mS€.D Vtiro iV SiSrt'- r (fe n~ HRI e ASSOCIATED KWVtKM IT». IMMMI V DOONESBURY GARRY TRUDEAU NO.NO. I GOT I CANT, MAN. PWFESSOR ARB YOU, MAN? a cuesRJTY
      172 words

  • ANALYSIS
    • 1236 19  -  From Seattle. Yang Razali Kassim reports on the key issues facing Apec this week and explains why they are so important. The other reports examine the different perspectives from which the summit is being viewed in Hongkong. Washington. Tokyo and
      Source of data: Economist World in Figures (1993 Edition)  -  1,236 words
    • 521 19  -  From Catherine Ong in HONGKONG THE ISSUE of the "three Chinas" has always been a tricky one for organisers of regional and international functions. The US. chairman of this year's Apec meeting in Seattle, was none too surprised to find itself having to tackle
      521 words
    • 548 19  -  From Florence Chong in SYDNEY AUSTRALIA and New Zealand are virtually unanimous in their hope that Apec will pave the way for more open trade within its members. As they see their future intertwined with Asia, the direetion which Apec seems to be taking
      548 words
    • 754 19  -  From Leon Hadar in WASHINGTON PRESIDENT Bill Clinton is expected to leave for the Apcc forum meeting in Seattle on Nov 18. a day after Congress is scheduled to vote on whether to approve the North American Free Trade Area (Nafta) agreement
      754 words
    • 527 19  -  By S N Vasuki in SINGAPORE J APAN goes to the Apec meeting in Seattle mindful of America's determination to sketch a new role for itself in Asia. Not surprisingly, Japanese policy-makers arc sceptical of US moves to widen the scope of Apec. And
      527 words
  • Page 19 Advertisements
    • 49 19 I I-P only my boss would J I respond -to these ads... A \iv\ ANY JOB. ANY CAREER. 4= available Any Day. y any T,me. anywhere. TMI New PAPCO LIANHC ZAOSAO LIANMC WANBAO Shin m<n Daily News Bc»ita makian Bekita Minccu wn JP I Snfipsn Pr*«i HoMing* L< i
      49 words

  • 699 20  -  Amex Bank Review Awards Global Forum Reports by Vikram Khanna SINGAPORE Senior Minister Lee Kuan Yew and former US Secretary of State Henry Kissinger have questioned the lack of strategic content in US foreign policy, particularly towards China. Mr Lee and
    699 words
  • 208 20 SINGAPORE All three members of yesterday's high-level panel on global economic and political issues called for a successful passage of the North American Free Trade Agreement (Nafta) through the US Congress. Former US Secretary of State Henry Kissinger suggested that the vote
    208 words
  • 225 20 AFP BEIJING China has decided to slash duty on a range of 2,898 imports at the end of the year, the official Xinhua news agency said yesterday, a day after a communist party meeting that agreed to thrust ahead
    AFP  -  225 words
  • 103 20 Reuter VIENNA North Korea has renewed an offer to the International Atomic Energy Agency to allow technicians into the country but ruled out full nuclear inspections. Agency officials yesterday said Pyongyang wrote to the nuclear watchdog agency last week saying it was prepared
    Reuter  -  103 words
  • 337 20 Reuter, AFP HARROGATE. England A failure by the US Congress to ratify the North American Free Trade Agreement (Nafta) tomorrow could give a boost to protectionists further afield. Gatt director-general Peter Sutherland yesterday said that if Nafta was finally rejected, the knock-on effects
    Reuter,; AFP  -  337 words
  • 282 20 Bloomberg Business News TAIPEI Taiwan is considering a plan to loosen restrictions on the sale of overseas stocks by allowing local companies to act as brokers, a senior Securities and Exchange official said yesterday. Taiwanese investors who wish to buy overseas
    Bloomberg Business News  -  282 words
  • 728 20  -  The Bottom Line NEVILLE STACK NEVILLE STACK The w riter is a UK-based journalist who contributed this commentary• to BT COLONISATION is no longer accomplished with gunboats. Mickey Mouse is more potent than any general in the battle for hearts and minds. There is
    728 words
  • 116 20 Reuter WASHINGTON US Secretary of State Warren Christopher yesterday said China needed to make early progress on human rights reforms if it hoped to keep its favourable trade status with the US. Asked about the recent Chi- ncsc move to let Red Cross
    Reuter  -  116 words
  • Page 20 Advertisements
    • 47 20 f Singapore's most popular NitsukqiSS Telephone System j Most businessmen have discovered guide of m CI flight schedules a new way to tly. -f Fly by GSS3 Pocket Flight Guide For a free copy, caD Official Airline (iuidn Singapore Tel: (65) 7J7 85JJ Fa*: (65) 737 859J
      47 words
    • 96 20 No link between Blair House pact and Japan's rice import ban, Pg 6 Neither side has 218 votes needed to pass or defeat Nafta. says Kantor, Pr 9 TANKERS/FLOATING STORAGE INSTALLATIONS: Project Management/Engineering by American Naval Architect Marine Engineer. Over twenty yean of responsible international experience. Experienced with construction, modification,
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      55 words

  • COMPANIES & MARKETS
    • 535 21  -  By Sylvia Wong SINGAPORE Amcol Holdings yesterday announced two major investments in China, putting to rest a spate of rumours surrounding the property and trading group over the past two weeks. The first is a US$6 million (559.5 million) investment in Wuxi
      Source: Bloomberg  -  535 words
    • 541 21  -  From Loh Hui Yin in YANGON IN FIVE years' time, half of Straits Steamship Land's income may well come from overseas when the bulk of ongoing regional projects are completed, says chairman Sim Kee Boon. The Singapore-based property company now derives most of its income
      541 words
    • 333 21  -  By Abdul Hadhi SINGAPORE Singapore National Printers and its associate Hiap Moh Corp have scrapped a proposed joint venture in Hainan because the Chinese party could not come up with sufficient finance. SNP said yesterday that the Printed Goods Materials Company of
      333 words
    • 236 21 SINGAPORE CDL Hotels New Zealand Ltd has bought the long-term lease of Auckland City Travelodge, a midmarket hotel, for NZ$9 million (557.7 million). The transaction with the DB Group, which runs one of the larger breweries in New Zealand, was announced over
      236 words
    • 118 21 SINGAPORE Those who wish to make enquiries in person regarding their applications for Singapore Telecom shares may go to a central share enquiry counter from tomorrow. The counter at the Central Depository Private Ltd (CDP) office on the 16th floor of The Exchange in Cecil
      118 words
    • Article, Illustration
      344 21 Source: Bridge Info Performance of STII's Index stocks Nov I s Ijs) S— Ia4ri S4ork sale Chft brtoraotn <S) (I) Avimo I 730 -0070 1.21 6.22 At 7 950 0 150 S.5S -13 33 CWT 2 670 -0 040 I 86 3 56 Ccrcbos (400 4.# I FAN 15
      Source: Bridge Info  -  344 words
    • 771 21  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE What difference a year makes. Last November, looking at Singapore Press Holdings' fast-growing pile of cash, the question asked in this column was whether SPH could find more productive use for its
      771 words
    • COMPANIES
      • COMPANY BRIEFS
        • 85 22 SINGAPORE Inno-Paciflc Holdings said last night it was not aware of any offer for the eonjpany. Referring to BT's Hock Lock Siew column yesterday, lnno-Pac said the article appeared to speculate about a possible otYer for the company in the near future. Inno-Pac said:
          85 words
        • 76 22 KJUALA LUMPUR The Sessions Court yesterday postponed tlw trial of UCM Industrial Bhd's former managing director. Tan Kim Leng, to Jan 17 next year. Tan was charged on Oct 26 with falsely reporting UCM's unaudited accounts for the six months ended June 6.
          76 words
        • 71 22 Bloomberg Business News SINGAPORE Singapore Telecommunications said serv ices on some telephone and data transmission lines in Singapore have bdipn disrupted by a violent late-afternoon storm. "Big problem htme," said a Telecom employee who answered the phone at the telephone company's operations centre at the
          Bloomberg Business News  -  71 words
        • 54 22 KUALA LUMPUR Malayan United Industries Bhd said the proceeds of the disposals of its 99.91 per eent and 100 per cent shareholdings in MUI Bank Bhd and MUI Finance Bhd. respectively, will be placed with banks and other institutions to earn interests pending
          54 words
        • 60 22 KUALA LUMPUR Mulpha International Bhd said the estimated construction cost of a USS4 million (556.3 million) hotel by its joint venture in Ho Chi Minh City, Vietnam, will be borne entirely by Wellden International Ltd. The construction, on a freehold land, will begin in March
          60 words
        • 82 22 Bernama KUALA LUMPUR Malayawata Steel Bhd recorded a marginally higher pre-tax profit at M 526.84 million (5516.64 million) for the six months ended Sep 30, 1993, compared with M 526.55 million previously. The group's gross revenue rose 11 per cent to M 5223.36 million compared
          Bernama  -  82 words
        • 88 22 JAKARTA The Salim Group, a diversified business conglomerate. will start to build new large housing and industrial complexes in West Java, the Jakarta Post reported on Saturday. The Bukit Indah City will be built on 9,100 hectares of land in the West Java regencies of
          88 words
      • 438 22  -  By Quak Hiang Whai SINGAPORE Once a quiet counter, plantation and property-based Lingui Developments continued to make waves on the Singapore and Malaysian bourses. In Singapore. Clob-traded Lingui soared to a high of $7.60 yesterday before easing back to $6.90 for a net
        Source: Bridge Info  -  438 words
      • 357 22 Reuter KUALA LUMPUR Analysts have given the thumbs-up to a merger of Malaysian multinational Sime Darby Bhd and its 50.14 per cent owned plantation arm. Consolidated Plantations Bhd (Consplant), as a good deal for both companies. "We like the deal as
        Reuter  -  357 words
      • 106 22 Bloomberg Business News TAIPEI Pacven Investment Ltd of Singapore has bought a 0.6 per cent stake in Elitegroup Computer Systems Co of Taipei for' U*****.000 (*****.070). Elitegroup said yesterday. Elitegroup. a privately held manufacturer of computer motherboards, expects 1993 sales of NTSS.3 billion
        Bloomberg Business News  -  106 words
      • 200 22 Bloomberg Business News HONGKONG Allied Group. the Hongkong investment concern at the centre of a police probe, said it had been told that currently it had no grounds for legal action against third parties arising from the report of a
        Bloomberg Business News  -  200 words
      • 486 22 UNIT TRUSTS FUNDS Managers' prices Nov 16 NTUC Income Singapore Unit Trust income Bond policy 4cm 4 is Pic Commerce 157 165 Prudential The Savings Fund 1.47 1.54 PruLink Mgd Fund 1.31 1.38 Spore Prog Fund 0 66 0 69 s pore Sec Fund o «»7 102 MARA-Bumiputra S;pore Invest
        486 words
      • 263 23 Bloomberg Business News BANGKOK Shinawatra Computer Communications pic, a diversified telecommunications conglomerate, will double its paid-up capital through a one-for-onc rights issue to current shareholders. The capital increase amounts to 693 million baht (5543.5 million), bringing the company's paid-up capital to 1.39 billion
        Bloomberg Business News  -  263 words
      • 212 23 Bloomberg Business News HONGKONG Hopewell Holdings hopes to earn a substantial bonus from its early completion of the first phase of its southern China superhighway, it said in a statement on Sunday. The Hongkong company, which has real estate, construction, power
        Bloomberg Business News  -  212 words
      • 211 23 Bloomberg Business News BANGKOK Shinawatra Computer Communications pic yesterday reported a net profit for the three months ended Sep 30 of 274 million baht (5517.17 million), an increase of 86 per cent from the same period last year. On a per-share
        Bloomberg Business News  -  211 words
      • 395 23 Bloomberg Business News HONGKONG Hopewell Holdings' spinoff" of its Asian power station interests is likely to be heavily oversubscribed despite the high price of the shares being offered to the public. Analysts say the timing of the share sale and listing
        Bloomberg Business News  -  395 words
      • 235 23 AFP HONGKONG US soft drinks giant Coca-Cola is to further expand a bottling facility in China's southern province of Guangxi. near the Vietnam border, under a joint venture with Kerry Group. Co-ca-Cola announced yesterday. A USS26 million (5541.3 million) joint
        AFP  -  235 words
      • 223 23 Reuter SHANGHAI Shenzhen Vanke Co Ltd says it has been given two seats on the board of Shanghai Shenhua Industrial after acquiring a 5 per cent stake in the company. Vanke yesterday said its chairman Wang Shi and Richard Lu. general manager of
        Reuter  -  223 words
      • COMPANY BRIEFS
        • 77 24 AP BEIJING The American Telephone and Telegraph Co has signed a contract to sell 160,000 telephone exchanges to the northeastern city of Changchun, China's official Xinhua News Agency said yesterday. A spokesman, H T Kong, reached at AT&T's office in Beijing, refused to disclose the
          AP  -  77 words
        • 87 24 Bloomberg Business News HONGKONG Chinese-controlled car company Denway Investment says it has agreed to invest HKSSO million (5510.3 million) in Guangzhou Storage Battery Factory in China to make car and other types of batteries. Denway will hold a 36 per cent stake in the
          Bloomberg Business News  -  87 words
        • 59 24 Reuter MANILA Shares of Victorias Milling Co, the Philippines' biggest sugar-refining company, rose nearly 70 per cent from their offer price upon listing yesterday on the Manila and Makati stock exchanges, dealers said. The stock opened at 21 pesos compared with the offer price of
          Reuter  -  59 words
        • 98 24 Reuter TOKYO Japanese contractor Kajima Corp denied a newspaper report that losses resulting from the liquidation of overseas projects will total a bigger-than-expected 62 billion yen (***** million) for 1993-94 ending next March. The Nihon Keizai Shimbun daily reported on Sunday that Kajima's losses
          Reuter  -  98 words
      • 179 24 Bloomberg Business news ZURICH CS Holding, the parent company of Credit Suisse, has boosted its stake in Leu Holding, to 70 per cent by acquiring a further 15 per cent stake in the group from BK Vision. Other Leu
        Bloomberg Business news  -  179 words
      • 198 24 AFP SEOUL South Korea's top automaker, Hyundai Motors Co, announced yesterday that* it would invest US$4.l2 billion (556.57 billion) to become one of the world's 10 largest auto manufacturers. Hyundai Motors Co president Chun Sung Won said the company would invest
        AFP  -  198 words
      • 395 24 Bloomberg Business news LONDON British Airways pic, the nation's biggest airline, said second-quarter earnings rose 26.5 per cent after benefiting from encouraging signs of economic recovery and weaker sterling Pre-tax profit rose to £172 million (*****.2 million) in the three months
        Bloomberg Business news  -  395 words
      • 175 24 Reuter TOKYO Taisei Corp. whose executives have been charged with involvement in Japan's construction bribery scandals, expects to receive fewer orders than originally forecast for the business year to next March, a spokesman says. But the spokesman declined to comment on a Nihon Keizai Shimhun
        Reuter  -  175 words
      • 344 24 Bloomberg Business News TOKYO Hurt by the yen's rise against the US dollar and tough competition, leading personal computer component maker TEAC Corp announced a current loss of 4.021 billion yen (Ss6o million) for the half year to Sep 30. TEACs
        Bloomberg Business News  -  344 words
      • 417 24 Reuter LOS ANGELES A federal judge has opened the way for the top three television networks to own a stake in all the programmes they broadeast and enter the lucrative rerun business, it was reported on Sunday. A judge in
        Reuter  -  417 words
      • 465 24 Bloomberg Business News TOKYO Sony Music Entertainment Japan, the nation's biggest record company, said a shortage of new albums from big-name pop stars caused its current profit to slump 22 per cent to 9.9 billion yen (S$ 148 million) in the six
        Bloomberg Business News  -  465 words
      • 124 24 AFP TOKYO Japanese department store operator Isetan Co Ltd said yesterday that its pre-tax profit for the six months to September plunged 52 per cent from a year earlier to 654 million yen (SS9.B million). Sales during the period declined by 6 per cent to 200
        AFP  -  124 words
    • FINANCE & COMMODITIES
      • 274 25  -  By Soh Tiang Keng SINGAPORE The Republic has caught up with Hongkong. Japan and London in managing issues of China bonds and notes in international capital markets. Singapore banks have acted as lead managers in three of the 14
        274 words
      • 280 25 SINGAPORE The Bank of Taiwan, one of Taiwan's largest commercial banks, plans to set up an offshore unit here, a senior bank official said yesterday. The government-owned institution hopes to boost overseas lending through the unit. It applied for
        280 words
      • 317 25  -  By Soh Tiang Keng SINGAPORE The new electronic bridge set up between Cedel and Euroclear the two international securities clearing houses will improve liquidity and reduce market costs and risks for customers in Asia, Europe and other countries. This was
        317 words
      • SMALL CHANGE
        • 44 25 AFP TOKYO Japanese banks Sakura Bank and Tokai Bank said yesterday they would open representative offices in Ho Chi Minh City next Wednesday. Among Japanese banks, only Bank of Tokyo currently has a foothold in the Vietnamese citv. AFP
          AFP  -  44 words
        • 76 25 Reuter ZURICH Swiss benchmark three-month Euro franc rates will probably fall to an average 3.6 per cent next year from an estimated 4.8 per cent in 1993, Bank Julius Baer said in its monthly publication Market View. A table giving quarterly movements showed
          Reuter  -  76 words
        • 82 25 Knight-Ridder HONGKONG China's banks will increase their lending pace until the end of 1993. after a sharp clampdown on credit in July, the official China Daily newspaper said on Sunday. Lending by banks has been "successfully controlled" since the government introduced steps to cool
          Knight-Ridder  -  82 words
        • 103 25 Bloomberg Business News TOKYO Four major Japanese banks will slash interest rates on their loans to mid-sized general contractor lokai Kogyo Co to help it resolve its financial problems, a manager at one of the banks said. Hokkaido lakushoku Bank, the Long-Term Credit Bank
          Bloomberg Business News  -  103 words
      • 121 25 Reuter BANGKOK Thailand's credit rating agency TRIS gave Thai Farmers Bank pic its highest triple A corporate rating. saying the bank has demonstrated "a high degree of professionalism, integrity and far-sightedness". TRIS said Thai Farmers \son the top rating b> its strong market
        Reuter  -  121 words
      • 302 25 Bloomberg Business News CANBERRA A plan by Australia's sugar industry to replace 10 per cent of its raw sugar exports with refined sugar could lift world raw sugar prices by 2 per cent, a government agency said in
        Bloomberg Business News  -  302 words
      • 329 25 Reuter SYDNEY Three of Australia's top blue-chip banks are expected to report a surge in annual profits this week, underpinned by gains in the economy which have helped close the door on last year's steep loan losses, analysts said. The
        Reuter  -  329 words
      • 343 25 ENERGY REPORT Reuter NICOSIA, Cyprus Saudi Arabia will soon raise its crude 011 production capacity from 9.6 million to 10 million barrels a day and will maintain that level until early in the next century, the Middle East Economic Survey
        Reuter  -  343 words
      • 104 25 THE USS/majors drifted lower yesterday after good US retail numbers out on Friday failed to provide a sustained USS upmove. The USS/SS traded a very tight range yesterday with profit-taking on USS short po- sition providing support for an otherwise bearish market. Local banks on
        104 words
      • 187 25 Reuter LONDON The dollar languished below 1.6900 marks in late Europe trading yesterday as operators began to worry ahead of the US Nafta vote tomorrow, dealers said. "There is underlying bullishness but I'm beginning to wonder about this dollar," said Dave Ro/./e. senior dealer at Societe Cienerale in London.
        Reuter  -  187 words
      • 84 25 AFP NFW YORK The dollar climbed against the other major currencies yesterday in quiet trading here supported by statistics showing a 0.8 per cent jump in industrial output in October. Around 9:15 am. the dollar was trading at 1.6885 German marks against 1.6825 on Friday and at 105.60
        AFP  -  84 words
      • Article, Illustration
        1775 25 I rjdf-n, ighu-J inJt cak ukllnJ atutn\l S pore s lop 14 Irading part Hen Hose war' 198« US$/S$ forward rates Noon Nov IS ss Bid Offer 1-month 1.5876 1 5891 2-month ***** 1.5882 V month ***** ***** 6-month 1 5846 1.5866 Sounr (X B( Source: OCBC FOREIGN CURRENCY NOTE
        1,775 words
    • COMMODITIES & FUTURES
      • 1347 26 SIMEX REPORT Reuter SINGAPORE Simex Nikkei stock index futures ended sharply lower yesterday, pressured by a slate of bearish factors that spurred stop-loss sales through the session, dealers said. The lead December contract settled at 18,065 on the Simex with a total of some 30,910
        Reuter  -  1,347 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 99 26 NEW DELHI Wholesale vegetable oil prices are likely to move narrowly this week in India, where farmers are flooding domestic markets with their new soybean, cottonseed and peanut crops, traders said yesterday. Generally, oil prices are likely to remain under bearish influence over the
          99 words
        • 78 26 BANGKOK Thailand has sold another 80,000 tonnes of rice to Japan for shipment by Dec 31, a government official said yesterday. The sale comprises 70,000 tonnes of 100 per cent B rice and 10,000 tonnes of glutinous rice, the commerce ministry official said. No
          78 words
        • 92 26 KUALA LUMPUR Malaysia exported 587,966 tonnes of palm oil in October, up from 549,309 a month earlier, the Palm Oil Registration and Licensing Authority said yesterday. Exports in October 1992 were 535.641 tonnes. Palm kernel oil exports in October were 41.650 tonnes, down from 62,741
          92 words
        • 69 26 TOKYO Cotton yarn production by members of the Japan Spinners' Association totalled 98,012 4001b bales in October, down 19.6 per cent from 121,921 bales a year earlier, the association said yesterday. October production fell 2.4 per cent from 100.415 bales in September. Stocks of pure
          69 words
      • 596 26 COMMODITY REPORTS Tin TIN rebounded to end higher yesterday after a fairly impressive recovery on the LME on Friday prompted fresh buying here, traders said. The metal ended at MS 12.05 a kg. up 30 sen. The gains were also due to sellers' reserve following
        596 words
    • 1703 26 Rubber HAS Commodity Exchange (future* closing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 93 128.50 128.25 128.75 >00 1.700 Jan 94 130 00 130 00 130 00 75 4.000 Feb 131 00 131.00 131.25 300 4.525 Mar
      1,703 words
    • REGIONAL STOCK MARKETS
      • 1149 28 +8.9 Afternoon profit-taking knocked the Australian share market off its intraday highs, in quiet trading in the absence of both overseas and domestic buyers. Leading stocks lifted the All Ordinaries Index 8.9 points to 2082.9. It hit a day's high of 2096.8 before investors took the cream off gains
        1,149 words
      • 598 28 18.19 Share prices closed higher on the strength of selected blue chips and positioning in oil stocks in anticipation of drilling projects later this year. The Manila Composite Index rose around 18 points while Makati inched up three. Dealers said the market is likely to rise further today. Victorias
        598 words
      • 607 28 57.91 Taiwan's stock market closed at a five-month high in heavy trade, buoyed by Friday's news that the Finance Ministry- had decided to let 15 newly established commercial banks invest in the bourse. The Weighted Index ended 57.91 points up at 4,329.05, off an intra-session high of 4.362. in
        607 words
      • 488 28 14.07 The stock market ended at a year-high for the fourth consecutive session on the back of an across-the-board buying spree pared by only light profit-taking, brokers said. The Composite Stock Index ended 14.07 points higher at 810.72, just off a day high of 814.58. "I he market is
        488 words
      • 285 28 -11.17 The New Zealand share market was described as "deathly" atter a quiet day's trade. The NZSE-40 Cap Index was down 11.17 points at 1998.71 Brokers were expecting another quiet day today with investors adopting a wait-and-see policy until the outcome of the special vote count from the
        285 words
      • 29 28 Closed All Indian stock markets were closed yesterday for the Diwali Hindu religious festival. The markets will reopen today after Diwali, also known as the festival of lights.
        29 words
    • WORLD STOCK MARKETS
      • 651 28 -5.8 SHARES on the London Stock Exchange slowed their advance yesterday as Wall Street pulled back and the Dow index dropped 10 points. The blue-chip FTSE-100 index closed at 3.093 points, down 5.8 points. The narrower FT-30 index closed at 2,346.3 points, up 2.6 points. Volume of trading was
        651 words
      • 197 28 -90 Italian stocks ended slightly lower, with investors unwilling to take positions on the next to last day of the monthly account, traders said. The Mibtel index of screen-traded blue chips fell 90 points to 9.560. The MIB index of all shares, which includes smaller stocks traded in the
        197 words
      • 146 28 +o.llpc Swedish shares ended slightly higher and the cautious market was ruled by lower debt yields. "It has been quiet and there has been a news vacuum," a dealer said. "The market is waiting for upcoming earnings results (at the end of the week)." The OMX-index was up 0.22
        146 words
      • 178 28 34.1 German stocks closed higher as optimism about Friday's rise in US stock and bond prices coincided with renewed hopes of a cut in interest rates following a gloomy report about Germany's economic outlook, traders said. The DAX index of 30 leading German stocks closed up 34.10 points at
        178 words
      • 285 28 5.5 Dutch stocks rallied amid optimism over possible cuts in Dutch interest rates and buying of shares related to Friday's expiry of November options contracts, traders said. The tOt index of 24 leading Dutch stocks surged 5.50 points to 378.16. Advancers outnumbered decliners by 23 to one. Only Royal
        285 words
      • 92 28 21.05 French shares finished the session I per cent higher, boosted by the 0.8 per cent rise in October US industrial production, dealers said. The CAC-40 index ended up 21.05 at 2.117.90. Paris >«* 15 IT \ir-l kiukk Kill (■> K ill \iNlhim 7M4KI l*Ui HlVjml 41* *1 4*1
        92 words
      • 185 28 +6.86 Belgian shares closed half a per cent up at the day's high after frequent buying of Bcl-20 share baskets by a small number of brokerages. dealers said. They said further bas-ket-buying. and a subsequent rise of the Bcl-20 index of leading shares, depended on the outcome of government
        185 words
      • 294 28 15 South African shares found some late support as a weakening financial rand eased pressure on rand prices of shares, dealers said. Industrials managed to post mild gains after a generally lethargic performance. while golds ended down. The gold index ended 41 points softer 1.942. the industrial index was
        294 words
      • 260 28 -1.44 Stocks eased a bit in in early dealings yesterday as concerns over the fate of the North American Free Trade Agreement braked the recent upward charge. Nafta faccs a key congressional vote in the US tomorrow and critics and supporters are out in force. Traders said hesitation about
        260 words
      • 627 28 -9.23 The Dow Jones industrial average, which rebounded 22.08 points on Friday, was down 9.23 points to 3.675.28 at 1 lam tST yesterday. The New York Stock txchange composite index was off 0.65 to 256.92, while Standard Poor's 500-stock index was down 1.06 to 464.33. Advances topped declines
        627 words
      • 888 28 Britannia Funds Slntim (ish Bid < HVr Mim< aplterxMi M.m icnn <«li II IKK II I'M: Mini Max Incimr I IISIl I Wll I S$ aril Im.imc Ptix. I umJ 10MO) II «»> PS S Rcctc F unJ !> > 2JBD Meeting Squill I um PrriiwmjrKr 0 4W? II41W Far
        888 words
    • Article, Illustration
      3264 29 Reuter STOCKS notched another record close, but prof-it-taking trimmed gains after the Hang Seng index breached the 9,800 level, brokers said. The blue chip index ended 32.09 points or 0.33 per cent higher at 9,733.34. It peaked at 9,825.50 in early afternoon. "Some profit-taking cut into the market above
      Reuter; Source: Bridge Info  -  3,264 words
    • Article, Illustration
      473 29 SHANGHAI B market had a rally yesterday with the CLSA B index surging 4.39 per cent to 924.58 and turnover breaching a record USSIOO million. On its first day of trading. Forever Bicycle made its debut as share price closed 36 per cent higher than its issue price. Rubber
      473 words
    • Article, Illustration
      2558 29 Bloomberg Business News TOKYO Concerns about weaker-than-expected corporate earnings sent stocks 2.3 per cent lower on average yesterday, traders said. The Nikkei 225 average closed down 418.94 points, or 2.27 per cent, at 18,074.61, its lowest close in almost eight months. Japanese institutional investors intent on erasing paper losses
      Bloomberg Business News; Source: Bridge Info  -  2,558 words
    • Article, Illustration
      1967 29 Reuter BANGKOK Thai stocks edged lower in the afternoon yesterday after fluctuating in a narrow range in the morning on a market correction after last week's rises, brokers said. The SET index lost 13.53 points to close at 1.367.31 on turnover of IS. 11 billion baht. Declines led advances
      Reuter; Source: Bridge Info  -  1,967 words
    • Article, Illustration
      1113 29 Reuter JAKARTA Share prices closed higher in moderate late trading, as local investors began showing interest on a range of counters, dealers said. The composite index ended 3.94 points higher at 516.81. Newcomer PT Indosepamas Anggun. a sports shoe maker, closed up 1.675 rupiah on its initial public offering
      Reuter; Source: Bridge Info  -  1,113 words
    • 2908 30 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume lan < hone Mk 12.622.000 Hcua orpn Mk 12.1 M.000 kamunting 50c 11.547.000 Lion Hoc 9.553.000 Lien Hi* TSK97 9.355.000 Multi-Purpox: 7.142.000 Asm Pat Ld Mk 6.929.000 MM 41QMHD Kcnong Bhd 50c 4 561 000 Promct 4 535 000
      Source: Bridge Info  -  2,908 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5928 30 Bernama KUALA LUMPUR Share prices closed weaker yesterday as wary investors took profits amid the uncertainty following a plunge on the Tokyo bourse. Prices had opened on a firm note but retreated when falls in Tokyo hurt sentiment. The Nikkei average of
        Bernama; Source: Bridge Info  -  5,928 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7009 31 MAIN BOARD Transaction date: Nov 15 1 a I Gr Of 1993 Um Vol Day Usl Quote Dt» DS» YM Net M Cap High Low C ompan\ Sale ("000) High U» Bayer Seller C'vr P'E Smil INDUSTRIAL AND COMMERCIAL 1380 260 l Acma 1130 -10 86 1150 1130 1120 1130
        7,009 words
      • 1789 32  -  By R Sivanithy SINGAPORE Investors yesterday earned on where they left oIT last Friday still cautious and trading selectively as prices of local shares and Malaysian counters traded on Clob International generally moved lower. In a global equity environment where almost every market is
        Source: Bridge Info  -  1,789 words
      • Article, Illustration
        138 32  -  HOT STOCK Quak Hiang Whai SINGAPORE QAF Ltd is going through a healthy consolidation after trading to a high of $1.77 last month. It appears that its trading patterns in September are being repeated. The stock is nearing the end of a minor correction from its all-time high
        138 words
  • Page 21 Advertisements
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      101 words

  • Page 22 Advertisements
    • 1135 22 j: BUSINESS TIMES TOLL-FREE TRL. No. 1-BQO-741-1883 FAX:74I-1298 > l?l INNO-PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore) > ANNOUNCEMENT RENOUNCEABLE RIGHTS ISSUE OF 146,254,187 NEW ORDINARY SHARES OF 550.20 EACH ("THE RIGHTS SHARES") IN THE CAPITAL OF INNO-PACIFIC HOLDINGS LTD ("IPH" OR "THE COMPANY") AT 550.27 PER RIGHTS
      1,135 words
    • 30 22 Dividends table has been held over ideal in cameras. Andlknow whereto getgood exposure." low Red I Tmdz" bM^rl y HS. s r^«,mp!ete a«e j Call today for results tomorrow. 737-1166
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  • Page 23 Advertisements

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    • 27 24 A Different CHRISTMAS (Jiristnuis Beijing be i j i n g Chinese orchestra Popular QOSIMAS Carols Reinvented on CHINESE 6tring Instruments One of a Kind! SKIN PONYCANYON
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  • Page 26 Advertisements
    • 174 26 BUSINESS TIMES TOI.L-FRFK I'EI.. No. 1-800-741-1883 FAX: 741-1298 I BUSINESS DEVELOPMENT EXECUTIVE I for proposed Singapore Office I A leading US-based shipping company seeks a creative, energetic and highly motivated executive to join its Business Development team in Singapore. I The successful candidate will have a strong background in economics,
      174 words
    • 44 26 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead T^mSSS^ iHIMI liiiii wmmm I Coll I I 737-1166 I I to place T &rr I a quick- c .a.t.s. I acting ad. 737-1i66
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  • Page 27 Advertisements
    • 154 27 <»i i NCR can make your existing j data take new i|^^H| shape, evolve into fresh ideas and translate into increased revenues. The sheer computing power processors has a in the way utilize computers. Now they can extract information from the flood by their company to make informed of guesses.
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  • Page 28 Advertisements
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  • Page 30 Advertisements
    • 26 30 at over 11.3 million establishments, MasterCard puts you easy access to cash at lOQyOO&bank branches YOU'VE GOT THE WHOLE WORLD i ATMS worldwide. IN YOUR HANDS.
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  • Page 31 Advertisements
    • 122 31 WITH OUR SHARE OVERDRAFT, YOU CAN HATCH A FEW IDEAS. Your ideas don't have to be just ideas any more because have the ability and the opportunity to channel your funds into Standard Chartered can turn them into reality. With our other profitable investments and uses as you wish. All
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  • Page 32 Advertisements
    • 45 32 Buy HOME DECOR and you could win a hmm^^|J^|hb -r-vr^ Your prize consists of: a long bath a bath/shower mixer 4 I (with a waterfall effect) r" tA i*th*&ml a water closet washbasin with a pedestal from Jacob Delafon (Oct-Nov issue) fB out now g—
      45 words
    • 71 32 Personal Finance and Investment, every Saturday in Executive Lifestyle tuIHiSS goes on a househunt How much are private properties going for? Should you buy now, or later? House Hunt gives you the actual transacted prices of all private property sold in Singapore each month. Spotfigbts: From that, you'll have a
      71 words

  • Shipping Times
    • 420 33  -  By Rahita Elias SINGAPORE Neptune Orient Lines' (NOL) Philippines arm will further expand its inter-island shipping network in the country next year to cope with the booming trade. Tan Hai Yeen, general manager of Lorenzo Shipping, told BT in Manila recently
      420 words
    • 273 33 Lloyd's List LONDON Dutch liner operator Nedlloyd Lines is to leave the Europe to Australia and Europe to New Zealand conferences to be replaced by Contship Containerlines. Nedlloyd will concentrate on transhipping cargoes to the Antipodes via its established Europe-to-Far East service. The move follows
      Lloyd's List  -  273 words
    • 279 33 Fairplay NEW YORK US ports on the Delaware River, including Philadelphia, Chester, Wilmington and Camden, have always competed keenly tor targo. Now they have to compete with still more ports because Trans-Atlantic Agreement carriers last year dropped calls along the river,
      Fairplay  -  279 words
    • 850 33 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appcnship 18 1/2 Alpha Feeders 18 1/2 ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9
      850 words
    • 215 33 UPI KARACHI Authorities have issued severe storm warnings for Karachi as a cyclone moves toward Pakistan's southern port city of 12 million people. Travelling at a wind speed of more than 150 kph, the storm was expected to hit the city
      UPI  -  215 words
    • 286 33  -  By Juliette Walker SINGAPORE Windstar Cruises has popped the champagne corks to celebrate the sunny outlook for its new luxury cruises out of Singapore. Director of incentive and charter sales and services. Jim HulT. says the 148-passenger sailing ship. Wind
      286 words
    • SHIPS IN PORT
      • 623 34 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departue Jurong Port Blue lade 60A P096 IS 11/1930 1/11 0600 Brastagi 1 A4S 93 P03 1611/1510 *****310 Batam Indah IM81 12 Jongs* *****100 Charoensappa 0/93A P01A 1511 1500 IS 11/2000 Batam Murro 11 04 93
        623 words
      • 1860 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From An Swan 092A 17/1500 2 15/1700 16/0659 16 0900 4 16/1200 16/1459 16/1700 Ad GontMfo. 56SJ93 18/2100 1 15/1500 15/1659 15/1900
        1,860 words
    • 10519 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      10,519 words
    • 3341 47 A ■L &.B( ontainerline NV: Bclsin Shpg Agencies Pic Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Ptc Ltd (SV Accord Contr Line (PKPN) Adkris Business orporalion Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel I iner Service. Kim Shpg Trdg (S). Albatros Sea-Air Service: Frala
      3,341 words
    • 284 47 Vbacus C ouriers Tel: 545-8011. Fax: 545-1898. Air Express Intel Tel: 531-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80 \irv»ift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. C its-l ink International Tel: 344-3377. Fax: 345-6450. Cluster Link
      284 words
    • 1480 47 Abex Express Freight Td: 542-7171 Fax: *****84 Actinic forwarder Tel: 225-1833. Fax: *****42. Activair 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. *****50 Air
      1,480 words
    • 2512 48 ALBANIA Duress: Seven vessels operating ot which 1 loading ferro chrome, 2 discharging bagged cement, 1 discharging bulk wheat. 1 discharging bagged flour, 1 loading copper, 1 discharging tubes and bagged flour, 4 vessels in roads of which I to discharge butter, I bulk wheat, 1 bagged flour,
      2,512 words
    • 778 48 SHIP SALES TANKER RATES AFP WITH market sentiment continuing to show signs of caution it is not surprising that the level of interesting sales reportable this week is on the low side. Whilst the most substantial sale to come to our attention concerns a passenger-ferry the Pride of Bilbao sold
      AFP  -  778 words
    • 553 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 I TYO KAL
      553 words
    • 416 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No NOVEMBER 19 19 Rcnaissancc 1 1000 1900 Cruise to Nowhere Lines Int'l Holdings 224-2763 19 19 Leisure World 1300 2015 Port Klang-Sin-Port Klang Lauw Sons Travel 227-8284 19 19 Andaman Princcss
      416 words
    • 1380 49 Market watchers here were disappointed at the latest rate paid on the key US Gulf to Japan grain run, although trading has been sluggish throughout the week, brokers said. Louis Dreyfus fixed a late Novearly Dcc, 52,000-long ton heavy grain, sorghum and soybean cargo From the US Gulf
      1,380 words
    • 926 49 THIS twice weekly report, compiled by Cockctt 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
      926 words
    • 174 49 COURSES Title: Operational Oil Spill Control Duration: Nov 19 Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Effective Cargo Claims Seminar. Duration: Nov 19-20 Organiser: Professional Skill Consultants Tel: For registration contact
      174 words
    • 989 50 With the maritime sector the mainstay of the Baltic economies, governments are reluctant to put these businesses into private hands Fairplay MORI: than in other countries of the world, state-owned shipowners in the Baltic states are a crucial part of the economy. They are the
      Fairplay  -  989 words
    • AIR AND LAND TRANSPORT NEWS
      • 412 52 American Shipper JACKSONVILLE. Florida As many American businesses prepare for an end to the US trade embargo against Vietnam. US-based airlines have begun jockeying for authorisation to serve the South-east Asian nation. United Airlines and Northwest Airlines have made it known
        American Shipper  -  412 words
      • 66 52 AFP ARLES, France Trust the French to come up with a chic fundraising drive. An Aries businessman put up two Ferraris an F4O and a Testarossa for auction in aid of a retirement home run by nuns. The sale brought in 2.3 million
        AFP  -  66 words
      • 232 52 AFP TAIPEI Hongkong has tentatively decided to allow Taiwan to extend its flight contract a further two years to 1997, when the British colony reverts to Chinese rule, a news report said on Sunday. But the decision has gone against Taipei's
        AFP  -  232 words
      • 260 52 AP BANGKOK A Thai airline has begun tours to Myanmar's fabled ancient cities of Bangan and Mandalay, the first foreign commercial flights allowed to enter Myanmar at points other than the national capital. Bangkok Airways has taken about 28 tourists on
        AP  -  260 words
      • LOG BOOK
        • 107 52 Reuter LONDON Britain's local authorities will be forced to sell 26 regional airports as part of a wider sale of municipally-owned land and buildings in a drive to reduce government borrowing, according to an article in the Sunday limes newspaper. The article said
          Reuter  -  107 words
        • 43 52 Reuter NOVOROSIISK, Russia A Russian ship Professor Shchyogolev being tossed about by a hurricane in this Black Sea port. The hurricane struck last Wednesday and winds strengthened the following day to 180 km per hour, killing five people. Rcuter
          Reuter  -  43 words
        • 93 52 UPI DHAKA Five people, including four deck hands, are reported to have burned to death when a tanker carrying more than 800,000 litres of petroleum caught fire on the Jamuna river in Bangladesh. The Bangladeshi English-language daily, The Financial Express, said the tanker, carry ing
          UPI  -  93 words
        • 78 52 AFP SAINTES. France Two drivers involved in a massive motorway pile-up in which 15 people died were charged last Saturday. Frenchman Raymond Ramirez, who was driving an empty tanker along the AlO Paris-Bordeaux motorway when the accident occurred, and Polish lorry driver Mariusz Pawlowski,
          AFP  -  78 words
        • 64 52 UPI ROME Three passengers were slightly injured on Sunday when a Portuguese Boeing 737 aborted its take-ofT from Rome, officials at Fiumicino airport said. The three received treatment for minor bruises after 65 passengers used emergency chutes to leave the plane. The pilot of
          UPI  -  64 words
      • 454 52 Reuter DETROIT The three major US car makers could gain a substantial advantage over their Japanese rivals in the fast-growing Mexican market if Congress approves the North American Free Trade Act, experts say. With the three companies firmly entrenched
        Reuter  -  454 words
      • 181 52 Bloomberg Business News WASHINGTON Saying the United Kingdom is dragging its feet in aviation talks, the US Transportation Department last Friday approved an expanded operating alliance between USAir and British Airways for only 60 days. The expanded arrangement, called code-sharing, will allow the two
        Bloomberg Business News  -  181 words
      • 256 52 AFP TOKYO The new Kansai international airport in Osaka Bay and the first Japanese air terminal to operate on a 24hour basis, will cost users dearly when it opens in September next year. All prices, from landing taxes to a cup of
        AFP  -  256 words
      • 1720 52 City Fight ETA fgW ETD_ Abu Dhabi GA893 1655 GA892 0100 GA974 2325 GA984 2340 Adelaide QF81 1935 QF82 2050 SQ228 2105 Amsterdam SQ25 0635 GA892 0100 KL837 1540 KL844 0535 GA893 1655 SQ320 1100 SQ323 1725 GA974 2325 KL838 2335 SQ26 2355 Athens SQ348 2250
        1,720 words
  • Page 33 Advertisements
    • 20 33 If you want it thet&f yesterday, Fly it with /—s-> us todayg mk m ,<• >. |MH»asm f Ja GRIFFIN KINETIC *****33
      20 words
    • 26 33 Lines and services represented by Members of the Registry el Accredited f*JffcSAV Shipping Agents, Singapore National Shipping Association. Fa advertising enquiries, contact Shipping Tunes: Tel 740-2089/740-2090
      26 words
    • 54 33 £+m±R7 M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: OQOOOOO Shipping: Breadwinner of the Baltics, Pg 18 US airlines jockeying for official nod to serve V ietnam, Back Pg STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Business
      54 words

  • Page 34 Advertisements
    • 456 34 TSKUNE AGENCIES (S) PTE. LTD. r I |Z "W f]kTp Tel: 226-3363 JL «3« JX« Fax: 226-1972/3 rji in/7 w Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. cr no i i*****0000n j i warn to mm* mu, wbmu trn mc mtir i 111 61* >&<*** It 2UI W>WKIMtW> *C ACX
      456 words
    • 1756 34 I EXPORT ••'^l MMCTTQUSA WBIT CQATT CALTQWIA PyMHi ITP PAfTMPHMftAMWI (TVH gPWTfIHM tgyißß JUO HOT IWK I J I M I M «j IDM |Haaia< cwc lit mm «a; ffi! AC jIM j tJm a vti VUWW' f Wt.J"NJ„ PMI ,U— IM .CMIMU -UtttJ CAIIfORNIA LUNA 61 17 II 111
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    • 2442 35 ?E°L C 323 S 33^FiI^2^ NE SH,PP,NG AGENC,ES £!Km?JE.M^ZeFAxTw-ZSeSSAa DOCUMENTATION TEL *****55 ,INWARD)/*****90 (OUTWARD) PENANG *****4 FAX. *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 TEL *****3/41 FAX *****6 CFS (PSA F5) TEL *****21/ *****79 inunn TF fiT rimn FA* Q7M-ISM CUSTOMER SVC TEL *****92/*****91/*****93 JOHOR BAHRU TEL 07-*****0
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    • 1161 35 FREMANTLE, PERTH IN JUST 6 DAYS KLANG REEFER V.9355 ETA SIN 18TH NOVEMBER 1993 Vessel Voy ETA ETO Feeder by S Laur* aum DESTINATIONS TN» wee* madison MAEHSK 9310 s2E2E^^^^22]iE^nEE2!n3ZffiESZllEffi!^^^Hl3n^ffl* 23/11 0800 MRS CFS 22/11 2359 HHS JOH IPX PEN OAK LGB SFO MEM ATL MIA CMS BAL PHL NYC
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  • Page 36 Advertisements
    • 1716 36 AQABA R DAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H SURG A WERP HAVRE WEST MALAYSIA KIRISHIMA 01/145 17/11 4/12 7/1? 5/12 Port Kelang, Penang LEVERKUSEN EXPRESS 15/345 20/11 29/11 4/12 8/12 11/12 13/12 15/12 Pasir Gudang 1~ FRANKFURT EXPRESS 70/146 24/11 11/12
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    • 606 36 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny. Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam t Mongolia Hungary CSFR Poland ocT^Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN NED ASIA V 2403
      606 words
    • 1109 36 NORASIA IvsTvOY^^^^^^^^SlN^AlT ,^lB^^^VA^^u!!^l7A^^Bß^^RO^^ANT^FE^n CHINA SEA 3441 M 18/11 08/12 11/12 12/12 12/12 13/12 14/12 15/12 16/12 17/12 I NORASIA AL MUNTAZAH 9345 3 25/11 15/12 18/12 19/12 19/12 20/12 21/12 22/12 23/12 24/12 I NORASIA SAMANTHA 9346-3 02/12 22/12 25/12 26/12 26/12 27/12 28/12 29/12 30/12 31/12 I NORASIA SUSAN
      1,109 words

  • Page 37 Advertisements
    • 2179 37 W STRAITS SHIPPING PTE LTD -jKm 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific une (A SERV,CE OF CH,NA NAVIGATION CO) CARGO DUt SAILS RAJAH BROOKE V?SI Muara 16 17 No. IS Nov 19 No» FCL LCL CONTAINER AND BfIEAKSULA SERVICE TO
      2,179 words
    • 2722 37 lfckVt, SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd B C3l\. W jtVllL£|l 11CI 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 www w Te| 225 2233 Te(ex RS ***** pNOCSp Fax 225 5327/222 7517 P& •> c CR Number **********0Z EXPORT IMPORT vessel voy *png *pkg sin alg
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  • Page 38 Advertisements
    • 564 38 If m GENERAL AGENT C R NO *****81-OOOOD EKA JAYA AGENCIES Vlr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAR TffABE PAQtP j HANPPtIONE/PfflCC T J william wee a— za—ami N.». TAN/MANOJ MM722 KQWQ >19 cm mwn CITY TRAP* HCMBY HOE 1U6624 7Ttt»/tt4lW W.K.KONG 724K7M/M430»0 KELVIN CHAW
      564 words
    • 1738 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FM VSI SM LHE HAU. St* PM fWI VSI SW lII* HAW SAV KM NYC HANJIN FELIXSTOWE 019E 18 It DUECT 9/12 11/12 HANJIN EEIIXSTONE 019 C 18 11 M EUROPE 0101 23/12 24/12 2C/12 HANJW
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    • 1481 38 Im vr use wc mt fus hi 09 kt an no iu c» ui wrc lhv mm rom nr we rs> cw nu scr I t GUARD *f MS lt/11 17/11 22/11 24/11 K/ll 29/11 30/11 2/12 3/12 5/12 4/12 K/12 21/12 30/12 2/1 11/1 12/1 13/1 14/1 15/1 25/1
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  • Page 39 Advertisements
    • 2545 39 II II sex: 'CALIFORNIA LUNA 61E' eta sgp 17/11/93 II II II ARRIVING LOS ANGELES 04/12/93 IN 16 DAYS II CALIFORNIA ZEUS 52E' ETA SGP 19/11/93 II II II ARRIVING NEW YORK 12/12/93 IN 22 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC —US GULP MIDWEST USEC
      2,545 words
    • 1218 39 9 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 %>>>» BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 JOKI BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 W I M W n\/ AGENTS: KL: 03-*****75/697
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  • Page 40 Advertisements
    • 1851 40 ft AS AGENTS "IT LINE (SINGAPORE) PTE LTD (CR No: **********0 M) TEL *****77 TELEX KAWAKI R*****5 FAX ***** 7 6 i W T Vj l MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHO JH TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA P.T. SARANA LAUT INTERNUSA.
      1,851 words
    • 739 40 PHILI-ORKNT LINtS P7€ UO V' 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER 0F THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION w AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 NOV SYDNEY. MELBOURNE BRISBANE FREMANTLE 20 NOV AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH
      739 words
    • 296 40 f V ,GOLDEN LINE WLO G*> GuflN GUAN SHIPPING (PTE) LTD M 23. IHok *r« Street SHGAPOtt 0104 TEI *****88 (10W€$> fai *****W <CR No 1012ttW0001») STRAITS/PERSIAN GULF SERVICE S pore P Kelang Peaang GOIDCN KM) Aaracta Dut« 20/22 Not IRMX ma HaracV Oubai 1/ 2 Dm CHINA SERVICE GOIOCN
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  • Page 41 Advertisements
    • 965 41 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I SSBSSS»V CR NO **********0t I VESSEL VOY SIN CMB JIB JED AQJ ADE HOD PZU ASA KOTA WIJAYA WJAO3S 25/12 30/12 6/1 9/1 11/1 7/1 9/1 12/1 KOTA BERKAT BKTOO3 30/11 5/12 11/12 16/12 12/12
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    • 1133 41 VtSStLS I VOt I STORE HAMBURG 1 ROTTERDAM mTiwTrP IHAMIS U HWK AO AM HMHHMI 7131W 24/11 U/12 20/17 21/12 22/12 24/12 MID MMSERLIS 9431.T 01/12 ?Vl2 27/12 2»/12 n/12 31/12 HANSA CARRKR 7331W 10/12 02/01 >4/01 W/01 °*/°l *>/** V*U DC SOWS I 9131W 13/12 07/01 09 01 10/01
      1,133 words
    • 413 41 BSfl ik «nii|ggM|Bpß9i(9^M MA MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdf TAUNGGYI V473W 17/18 Nov PAGAN V?o2* 20/23 No> MIRGUI VI2IW 24/25 No. MP A AN VI97W 05/08 Dec MALAYSIA AGENIS BOUSTEAD SHIPPING AGENOfS All TEI 03 *****00 PKL
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  • Page 43 Advertisements
    • 29 43 ASIAPAC 'At your service, anywhere and anytime" MEXICO SERVICES FCL LCL Services to:Salina Crux Guadalajara Manzanillo Tijuana Lazaro Cardenas Mexicali Mexico City Ensenada Acapulco ASIAPAC FREIGHT EXPRESS PIE LTD
      29 words

  • Page 44 Advertisements
    • 2807 44 Full Container Liner Services Agents: *»*&•s Agents: General Agents: Booking Agents: Guan Cuan Shipping Sdn Bhd Chung Chi*o Shipping Sdn Bhd P.T. Global Piitra Indonesia Maritime Costar Shipping Pte Ltd Shtpotng Freight Booking Centre Sdn Bhd 58 Pemaru Pais Modi Mm lot 3.34, 3rd Floor, II- luaoda 111/23 Of 2
      2,807 words

  • Page 45 Advertisements
    • 546 45 (2. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 22/11 ROTTERDAM 22/11 AARHUS/COPENHAGEN 22/11 HAMBURG/BREMEN 22/tl MARSEILLE/FRANCE 23/11 FELIXSTOWE/UK 22/tl BARCELONA/SPAIN 18/11 LEHAVRE/FRANCE 22/tl GENOA/ITALY 20/11 ANt¥eßp7bFlg7uM 22/tl LOS ANGELES/WC/IPI 21/11 SYDNEY/MELBOURNE 18/tl NEW YORK/EC 18/11 FREMANTLE/AOELAIDE 18/tl VANCOUVER 17/11 BRISBANE
      546 words
    • 1098 45 I 1 pHHHHIISpSiH^^HHH «^MM—■■flVJ'f.r^^—l is VESSEL VOY 5N JKT j& I VESSEL VOV SIN PEW ?l WAWA BMUM *55 Wad_ 17/11 Sat 20/11 OEJA BHUM 2185 Fri 19/11 Sat 20/11 fESSEL VOY SIN j BKK g CHAIYA BMUM 2>S Fri 19/11 Ty 23/11 BAHGKA ~JT ig/n Tua 23/11 (ETHA BHUM
      1,098 words
    • 608 45 Guaranteed Sailings to-. BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports-. USA, EUROPE, CHINA AND ALL DESTINATIONS ■IIWWIIItHIMHIIWWiiHmmiUJILIIiBIIIIIIIIWIWHHiMBHWMiWUifciiWHIt IMMUJhHHHM pi DONGNAMA LINE CONTAINERISED SgBVtCI OTIAIT»/BtW/»HC/ltM VESSEL [~SS PNC BIN f* BSN MC tulsdas mm is/11 20/11 22/11 3/12 s/12
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  • Page 46 Advertisements
    • 1829 46 pkABMN CONTAINER LINES I -K=/\"l A 9 ent MAC-NELS SPORE: *****22 (24 LINES) V > 'c/R No: **********0 C SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK
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    • 182 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IH (I* ll* STORI POKI HUANG PfNANb 8111 lAH It PORT lojdfflg toe NUI* MIJVU MUCHJ ft 11 Dtvhjfg«i( and loidin* '<* Bombdr OOIPHN 19 11 loading fo» M »>- PIOMIIR SWMMI 23 11 fix M:tf IMftIDH SMfD tojdmg ft* M.tiPROGRtSS IBUIT
      182 words
    • 995 46 IT THONG SOON UNES PTE LTD 1 I /yA 78 SHENTON WAY #10-01, SINGAPORE 0207 I WW TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK _yi SSEL TpopT" PEST VESSEL VOT S PORE OEST EQUATOR 111 106/3E 19 NOV
      995 words



  • Page 49 Advertisements
    • 21 49 \Cwd' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. VauronC f Business Times WE KMJWASiA
      21 words
    • 54 49 Tfie Becutote Housekeeper this tatel) 1 O vvuv I wants >s me. fcot I'll never neglect I 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
      54 words
  • Page 49 Miscellaneous
    • 722 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300. 2.7 2.1 2.7 2.3 1.1 1.3 1.1 1.0 1.2 1.7 2.4 3.1 3.4 3.2 2.9 22 1.5 0.9 0.5 0.3
      722 words

  • Page 50 Advertisements
    • 772 50 VIGOUR PACIFIC LINES NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 31NB 19/11/93 27/11/93 VIGOUR PACIFIC 31ANB 22/11/93 27/11/93 LOADING EVERY VIGOUR LUZON 67N8 26/11/93 4/12/93 FRDAY ANO M o o VIGOUR LUZON 67ANB 29/11/93 4/12/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG
      772 words
    • 320 50 @APPENSHIP HAMBURG VtV CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING POUTS DISCHARGE LOADING FOR HIRA in HAMBURG 07 10.93 SPORE 15/11. BKK 22/11 KANIN ANTWERP 02 10 93 SPORE 14/11 PUMA 27.10 93 SPORE 24/11. BKK 1/12 KOALA CONTAINER LINE SPORE FIX
      320 words
    • 413 50 1. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G LOADING FOR: A VESSEL 28/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/11 20/11 Huangpu Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCI) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
      413 words

  • Page 51 Advertisements
    • 926 51 I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA PKE PGP VESSELS VOY SIN RTM AWT* LEH* HAM BREj FEL HMMTOVANCE ~3IA 17/11 18/11 19/11 H. CHALLENGER 307W 22/11 10/12 10/12 11/12 12/12 12/12 14/12 NOKASIA MALACCA 9333 A 24/11 25/11 26/11 OOCL CHARISMA 308W 29/11
      926 words
    • 456 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IHBOUHD VESSELS VESSEL w v n MC u TRAMS AUTO IZ SLO SID MA SIB OtAKI MM IS SID MR Ul AREIIA 22 11/11 21/11 ASIAR STAR IS2 21/11 21/11 COSMIC TRADER it 1/12 3/12 MfttKN TRADER It 11/11 21/11 REISMRI
      456 words
    • 952 51 VESSEL 1 VOY SIN ETA/D LAX OAK 1 CHI 1 DAL MEM/COL I HOU I NYC [NOR MACKINAC BRCCf 72A IH9/11 05/12 07/12 OS/12 09/12 09/12 10/12 10/12 11/12 ALLIGATOR PRIDE 47A 25-26/11 12/12 14/12 15/12 16/12 16/12 17/12 17/12 18/12 GEORGE WASHNCTON BRPGE 74A 02 03/12 19/12 21/12 22/12
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  • Page 52 Advertisements
    • 50 52 Tomorrow in Business Times FAR EASTERN FREIGHT CONFERENCE CONGESTION SURCHARGE Assab The congestion surcharge of 15 pet to be effective from 24 November 1993 has now been revised. The surcharge will now be reduced to 5 pet with effect from 16 Novemberl993. H. Wyma Conference Representative Singapore, 16 November 1993
      50 words
    • 7 52 I ANALYSIS K Tomorrow in Business Times
      7 words