The Business Times, 2 December 1993

Microfilm: NL18967
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday December 2 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 20 points
      47 1 AFP NEW YORK Prices on Wall Street climbed yesterday, boosted by trading on the Japanese and European markets and a weakening in long-term interest rates. The Dow Jones index of 30 leading industrials rose 20.68 points to 3.704.63 at Ipm EST. AFP
      AFP  -  47 words
    • Article
      Lock icon Sony chairman hospitalised
      85 1 AFP TOKYO Akio Morita. chairman of Japan's Sony Corp. has been hospitalised here after complaining of dizzy spells, news reports said yesterday. Mr Morita. vice-chairman of the influential Federation of Economic Organisations (Kcidanrcn). was taken to hospital on Tuesday after feeling ill during a tennis match, reported
      AFP  -  85 words
  • Article, Illustration
    MARKET SUMMARY
    124 1 Stock market indices W rdnesda* C lump ST II 1106.01 +9 87 KLSE Composite 1.015.4 +18.97 Nikkei 17.1 >5.31 +718.77 Hang Seng 9.254.03 +128.92 SET Index 1.341.34 31.39 Jakarta Composite ...51 7.86 -0.92 CLSA China B 1.277 45 I 7.25 Aust All Ord 2.005 4 -4 FTSE 100
    124 words
  • Article
    Tokyo rally bolsters regional share prices
    179 1 SINGAPORE A sharp rebound in Japan yesterday helped send regional share prices higher, with the Malaysian market ending at a second consecutive record close. In Tokyo, the Nikkei 225 average ended a buoyant day with a gain of 718.77 points, or 4.38 per cent.
    179 words
  • Article
    Share financing hit by uncertainty over CDP rules
    575 1  -  By Conrad Raj SINGAPORE Millions of dollars in share finance has dried up because of uncertainty sparked by changes to regulations governing Central Depository accounts. Amendments to the Companies Act which came into force on Nov 12 were supposed to iron out
    575 words
  • Article
    Lock icon China unveils biggest tax reform since 1949
    443 1 Reuter BEIJING China yesterday unveiled its biggest tax reform since 1949, cutting rates for state firms by nearly half and aiming to raise the central government's share of tax revenues to 60 per cent from 38 per cent. Zhang Zhongcheng, the top economist
    Reuter  -  443 words
  • Article
    Lock icon Japanese banks set to cut prime to 3pc
    119 1 AFP TOKYO Japanese commercial banks plan to cut their short-term prime lending rate by 0.375 of a point to 3 per cent a year, a press report said yesterday. The new rate will take effect next week, the Jiji Press report said.
    AFP  -  119 words
  • Article
    Men versus women: the employer's bottom line
    473 1  -  By Anna Teo SINGAPORE Some employers prefer to hire male accounting graduates, saying they arc more suitable for leadership posts, more flexible and more prepared to travel. But other employers say in a survey about their perceptions of accounting graduates that they would
    473 words
  • Article, Illustration
    India may allow foreign firms to buy property
    412 1  -  By Shiv Taneja SINGAPORE The Indian government is looking into whether to allow foreign companies to buy real estate and develop it for industry or utilities. The move is believed to follow a request conveyed by Singapore Prime Minister Goh Chok Tong
    412 words
  • Article, Illustration
    Lock icon Anwar is Malaysian Deputy PM
    339 1 Bernama, AFP, Reuter. AP KUALA LUMPUR Malaysian Finance Minister Anwar Ibrahim, 46, was yesterday appointed Deputy Prime Minister, succeeding Ghafar Baba. who resigned on Oct 15. Mr Anwar will retain the finance portfolio. The announcement by the Prime Minister's Department makes Mr Anwar the person
    Bernama,; AFP,; Reuter.; AP  -  339 words
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      157 1 CO-2233: Removable CO Tuner «<m OSP Sound Processor/CD Changer Controller FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****33 Kuala Lumpur: Phone. 757 0233 Panang: Phone, 615 985/619 014 Jakarta: Phone *****9/*****8 CONTENTS Spore News 2 SpoonTa" 19.20,21 Regional News 3.4.6 Financial 23,24 World News 7,8 Fntm Martlets Analysis
      157 words
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      10 1 Innovations: Pg 12 New contraceptive vaccine Fuller reports, Pages 26-30
      10 words
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      11 1 Hock lj>ck Siew: Pg 19 i9J Question mark over L M\srfiiture
      11 words
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      122 1 ■The Bottom Line: Pg is Pakistan's N-programme is peaceful SALE SALE SALE SALE Year End Sale. Up to 50% off. Nov 20 to Dec 13. The Le Mercier's Year End Sale is here! It's just what you've been waiting for. Up to 50% off storewide. Finest collection of European Furniture
      122 words
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      Page 1 Advertisements Column 5
      22 1 ball. Distanc* with Spin. I TuZ 1 UH&on. whihhl to win *cmu SKHmNO HOUSt PT£OD '*C Mk<Vw «oma M« S*mp»» V ««K
      22 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Bull market pushes up M2 growth
        332 2  -  By Paul Leo GROWTH IN money supply M 2 improved in September for the second month in a row. But this does not mean that the rush out of low interest bearing deposits into the property and stock market has stopped. M 2 comprises
        Source: MAS  -  332 words
    • Article
      Archive S'pore loses 2nd MD in 5 months
      291 2  -  By Claire Leow TAPE drive maker Archive Singapore has lost another top executive, managing director Henry Loi. Mr Loi, who quit on Friday. had been at the helm barely five months. He replaced Ang Boon Chong. who left as managing director and
      291 words
    • Article
      Beauty-care company aims for main board listing by 1996
      397 2  -  By Teh Hooi Ling MODE CIRCLE, which launched its franchise scheme yesterday, hopes to be listed on the main board of the Singapore Stock Exchange bv 1996. If it succeeds, it will be the first beauty-care products and services franchise company
      397 words
    • NEWS ROUNDUP
      • Article
        SDP MP assaulted
        109 2 THE Singapore Democratic Party Member of Parliament for Nee Soon Central. Cheo Chai Chen, was attacked by a spannerwielding man on Tuesday evening during a meet-tlie-people session. In a statement, the SDP said it believes the assault which resulted in Mr Cheo receiving several stitches on his
        109 words
      • Article
        Accounting journal to be launched
        69 2 A JOURNAL. Accounting Business Review, will be launched this Saturday at the Pinetree Town and Country Club. The journal, which is an effort of the School of Accountancy at the Nanyang Technological University, will be published by World Scientific Publishing. January's inaugural issue will feature
        69 words
      • Article
        PM Goh back in Singapore
        37 2 PRIME Minister Goh Chok Tong returned home from abroad yesterday. He had been in Seattle for the Apec Leaders' Conference from Nov 17 to 21, and was on leave till Nov 30.
        37 words
    • Article
      Demand for factory space still growing
      228 2 DEMAND for ready-built factories and industrial land continued to grow in the third quarter of this year, with local companies accounting for the bulk of the higher demand. Jurong Town Corporation said in its third quarter report that demand for factory space comprising both
      228 words
    • Article, Illustration
      Accused's negligence led to unlawful communication of data: A-G
      471 2  -  The OSA trial Reports by Ramesh Divyanathan MONETARY Authority of Singapore economist Tharman Shanmugaratnam's negligence led to the unlawful communication of secret data, said the Attorney-General yesterday. This negligent communication is covered by the intentional communication section of the Official Secrets
      471 words
    • Article
      Requirement of intention a legal principle, court told
      262 2 THE requirement of intention in every offence is a primary principle of criminal law unless it is specifically excluded, a Subordinate Court heard yesterday. Tharman Shanmugaratnam's lawyer C R Rajah said that on this basis, recklessness or negligence is not a sufficient
      262 words
    • Article
      Negligence finding breaks chain of communication: defence
      275 2 IF IT was Tharman Shanmugaratnam's negligence that led to the communication of secret data to the four other accused, then there can be no case against these four, a defence lawyer argued yesterday. The Attorney-General had submitted that if Shanmugaratnam was acquitted because
      275 words
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      199 2 Jg Capture your precious moments DESIGNTIME DESIGN TIME (S) PTE LTD (if Tel: *****33 (if ||F SINGAPORE EXPORT SHOWCASE .ISjfc" IMM Building SINGAPORE SHOWCASE Singapore Cnax CoR '"tx Chop Aifpofl Tammai 2 I Dap COOT V EMPRESS SHOWCASE "T\f Ml Lmprra PUc« 1 f JL -JL "-S V* >;% v
      199 words
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      58 2 I T-f only my boss would J ANY JOB. ANY CAREER. Available Any Day. m -J? Any Time. Anywhere. 1 r The Straits Times The Sunday Times business Times I pfiV .A The New Paper lianhe Zaouao Lianhe Wanbao //Hli* f f ~j~ i Shin Min Daily News Berita harian
      58 words
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  • THE REGION
    • Article, Illustration
      Lock icon Indonesian military chief pledges not to stage coups
      485 3 Reuter JAKARTA Indonesia's armed forces chief General Feisal Tanjung says his soldiers will never launch a coup. The official Antara news agency yesterday quoted him as saying in a speech to Christian intellectuals in Bogor, south of Jakarta, that the armed forces
      Reuter  -  485 words
    • Article, Illustration
      Lock icon Jakarta govt promises not to interfere in opposition party congress
      434 3 Reuter JAKARTA Indonesia's government has pledged not to interfere in an opposition party congress opening today to choose a new leader from candidates likely to include a daughter of the late president Sukamo. "There are no instructions for heads of
      Reuter  -  434 words
    • Article
      Lock icon Vietnam to restrict joint ventures in drinks industry
      285 3 Reuter HANOI Vietnam will restrict the number of foreign joint ventures in milk processing, beer production and manufacturing of flavourings to promote local industries. Government officials yesterday confirmed a report in the Saigon (Jiai Phong newspaper that the Light Industries Ministry had
      Reuter  -  285 words
    • Article
      Lock icon KL may issue White Paper on defence policy
      391 3 Minister calls for increased budget to buy modern equipment Bernama KUALA LUMPUR The government is considering issuing a White Paper on the revised National Defence Policy, Defence Minister Najib Tun Razak said yesterday. Winding up a parliamentary debate on the defence budget,
      Bernama  -  391 words
    • Article
      Lock icon Manila committee signs Bill bringing back death penalty
      401 3 UPI, Reuter, AFP MANILA Seven years after capital punishment was abolished in the Philippines, a congressional conference committee formally signed a Bill yesterday that would establish one of the broadest death penalties outside the Muslim world. The Bill, expected to be formally
      UPI,; Reuter,; AFP  -  401 words
    • Article, Illustration
      Lock icon Australia stands to lose business deals in M'sia
      580 3 AFP, Bernama KUALA LUMPUR Australia could lose major government contracts and profitable ventures in Kuala Lumpur unless Prime Minister Paul Keating apologises for "humiliating" his Malaysian counterpart Mahathir Mohamad. "I think the relationship between our two countries will move into a very
      AFP,; Bernama  -  580 words
    • Article
      Lock icon Philippines posts 2.8pc GNP growth in third quarter
      325 3 Reuter MANILA The Philippine economy, shaking off the ill effects of a power crisis earlier this year, grew by 2.8 per cent in the third quarter against its year-ago level, government statistics show. The growth, measured in terms of gross national product
      Reuter  -  325 words
    • Article
      Lock icon Non-meeting between Evans, Muoi not a snub
      162 3 Reuter HANOI Treading on diplomatic eggshells. Australian and Vietnamese sources yesterday said the failure of Hanoi's top politician to see Australian Foreign Minister Gareth Evans on Monday was not a snub. When Mr Evans' visit to Vietnam was being planned, a meeting with
      Reuter  -  162 words
    • ASIA NOTES
      • Article
        Lock icon N Korea war threat real: CIA chief
        105 4 Reuter WASHINGTON CIA director James Woolsey said on Tuesday night that North Korea might make good on a threat to go to war rather than open its nuclear sites to outside inspection. "You can't rule it out," he said on the CNN television
        Reuter  -  105 words
      • Article, Illustration
        Lock icon S Korea's Hanhwa chief arrested
        80 4 Reuter SEOUL The chairman of South Korea's Hanhwa Group, Kim Seung Youn, 41, being arrested on Tuesday for taking his company's money out of the country for his own personal use, which violates the nation's Foreign Exchange Law. Kim is suspected of depositing USS6.S million
        Reuter  -  80 words
      • Article
        Lock icon China cracks down on cable TV
        77 4 UPI BEIJING China's rapidly expanding cable television network has become the latest victim of government propaganda overlords. according to official media. The ongoing state clampdown on the booming private-access television and film markets has targeted a cable station in north-eastern Heilongjiang province for "'investigation
        UPI  -  77 words
      • Article
        Lock icon Work on new Manila bourse stopped
        82 4 Reuter MANILA Philippine contractors suspended work on part of a complex designed to house a new stock exchange trading floor after a roof collapsed killing three workers. Fifteen men were injured when the roof collapsed on Tuesday evening while workers were pouring cement, police
        Reuter  -  82 words
      • Article
        Lock icon Thai investment firm charged
        79 4 AP BANGKOK Four officers and shareholders in a major investment company were charged yesterday with mismanagement and falsifying financial documents, a police official said. The First City Investment Co Ltd case is the latest in a series of investigations into corruption in Thailand's booming financial community.
        AP  -  79 words
    • Article
      Lock icon Jiang's trip part of a plan to cast him as world statesman
      295 4 Reuter BEIJING Chinese President Jiang Zemin held a series of greetings with foreign leaders *on his first overseas tour that buttressed Beijing's campaign to cast its Communist Party chief as a world statesman. Grinning and gripping the hand
      Reuter  -  295 words
    • Article
      Lock icon Beijing unveils housing reforms, promises better accommodation
      486 4 Reuter BEIJING China unveiled bold housing reforms yesterday, promising better accommodation for the urban middle class and new revenue for dry state coffers. The reforms, outlined in the official media, will increase rents to market rates and encourage residents to buy the homes
      Reuter  -  486 words
    • Article, Illustration
      Lock icon Pee is for painting
      56 4 AFP HONGKONG Art is even taking to the washroom at The Time Is Always Now', a trendy art cafe in Hongkong. With the New York skyline for a backdrop, painter Choy Yee Yuen has made it difficult for the visitor to feel private whilst in the
      AFP  -  56 words
    • Article
      Lock icon Patten risks credibility with next move on HK reform
      559 4 AFP HONGKONG Governor Chris Patten's credibility goes on the line today when he announces his next move in a drawn-out battle of wits with China over greater democracy for Hongkong, analysts said yesterday. Mr Patten is widely expected to tell the
      AFP  -  559 words
    • Article
      Hainan tourism projects hurt by China's credit squeeze
      392 4  -  From Yong Pow Ang in SANYA, Hainan THE credit squeeze in China has slowed down the progress of tourism projects in Sanya, a city in Hainan which claims to have better tourist potential than Hawaii. Chen Xiaolu. general manager of Along Development
      392 words
    • Article
      Lock icon 7 firms sign satellite deal as Asia TV war hots up
      313 4 Bloomberg Business News HONGKONG A group of seven top international television companies, including six from the United States, have signed agreements to lease almost half of the capacity on a satellite that will beam across the whole of Asia
      Bloomberg Business News  -  313 words
    • Article
      Lock icon Taipei approves listed firms' US$42.1m of investments in China
      519 4 Bloomberg Business News TAIPEI The Taiwanese authorities have approved USS42.I million (5566.9 million) of new investments in China by five companies listed on the Taiwan Stock Exchange, the Investment Commission said on Tuesday. Listed Taiwan companies with business in China have
      Bloomberg Business News  -  519 words
    • Article
      Lock icon Hosokawa to cut tax on real estate deals to boost economy
      473 6 AFP. Bloomberg Business News TOKYO Japanese Prime Minister Morihiro Hosokawa told parliament yesterday he intended to ease taxes on real estate deals in a further bid to stimulate the flagging economy. > Mr Hosokawa made the remark amid growing
      AFP.; Bloomberg Business News  -  473 words
    • Article
      Lock icon Japan can expect modest 1.4pc growth next year, says OECD
      398 6 AFP PARIS Japan, facing a yen shock and the aftermath of the 1980s financial "bubble", could see a modest 1.4 per cent expansion in 1994 after zero growth this year, the OECD said in a report to be released today.
      AFP  -  398 words
    • Article, Illustration
      Lock icon NZ's new finance minister soothes markets with continuity pledge
      590 6 Reuter WELLINGTON New Zealand's new Finance Minister Bill Birch attempted to soothe financial markets yesterday by promising no change from the hardline policies of his sacked predecessor Ruth Richardson. "It won t mean any change in policy." he said of his
      Reuter  -  590 words
    • Article
      Lock icon Rival Pakistani parties clash in by-election today
      321 6 AFP ISLAMABAD Pakistan's two major political forces clash today in a major by-election contest, with the ruling coalition vying to snatch some prestigious seats in the opposition's stronghold. Of some two dozen national and provincial seats at stake, interest is focused on three
      AFP  -  321 words
    • Article
      Lock icon Aussie 3rd qtr net foreign debt surges to record A$177.8b
      288 6 Reuter CANBERRA Australia's net foreign debt soared to a record A$ 177.8 billion (*****.2 billion) in the third quarter of the year, the Australian Bureau of Statistics announced yesterday. Distributed among the population. it means every Australian owes A$ 10.000.
      Reuter  -  288 words
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      68 3 fCBRD Centre for Business Research Development Faculty of Business Administration National University of Singapore DISTINGUISHED SPEAKER SERIES "PROMOTING ASIAN BINDING" I>y ;itt. Mr Shut SUb Chairman C.E.O. of Acer Groap Date 9 December 1993 (Thursday) Time 5.00 p.m. 6.30 p.m. Venue Hon Sui Sen Auditorium Faculty of Business Administration Fee
      68 words
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      218 3 0 SINGAPORE INSTITUTE OF [Master of Business 1 (Accounting) I awarded by Monash University I 2nd intake commencing in January 1994 The Singapore Institute of Management in conjunction with Monash University invites applications for the Master of Business (Accounting) degree. Course This is a two-year structured programme conducted on a
      218 words
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      49 4 YOU'VE NEVER HAD IT SO GOOD! fgggftßGlHi Windsurfing, water-skiing, snorkelling, kayak, >■ MJU jlf pedalo, tennis, archery, glass bottomed boat C? < >& ji 1/ ride, kids' mini club, shopping entertainment i every night. (Sc/uash, golf casino, if available at iff AIR^™!7IUS 5 DAYSESCARADE WliripW 8 DAYS GETAWAY P. FROM
      49 words
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      118 5 It would be worthy to note that the man who puts his money in the E-Class will never have to worry about where his money went. f A Safety, comfort, performance, and resale value for complete peace of mind, no other car is quite as reliable as a Mercedes Benz.
      118 words
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      99 6 MELBOURNE'S BEST Actual view from 28 Southgate r,«'"*•«••«.*2 «I i ,'{i j 25 I -i '""a-' 1 1* m -ijS&Sk U JM. *31 ij lB 1 I 2' A$ 160,000 up |F EXCELLENT INVESTMENT OPPORTUNITY 10% DEPOSIT SECURES. (NO OTHER IpYMENTS REQUIRED UNTIL COMPLETION IN MID-1995) HUGE STAMP DUTY SAVINGS
      99 words
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  • THE WORLD
    • Article
      Lock icon US inflation won't heat up for at least a year: economists
      486 7 Reuter NEW YORK Everything from the low rate of car loans to President Clinton's sweeping successes in Congress is bolstering consumer confidence and setting the US up for a bumper Christmas season, economists say. And the news gets better:
      Reuter  -  486 words
    • Article, Illustration
      Latvia hopes to attract more Singapore investments
      356 7  -  By Agnes Wee SINGAPORE Only a few Singapore companies have established business links with Latvia but the Baltic state hopes the situation will change soon, Latvian Foreign Affairs Minister Georgs Andrejevs said here yesterday. Mr Andrejevs is here on a two-day visit to
      356 words
    • WORLD WATCH
      • Article
        Lock icon Slow going at EC-Russia tariff talks
        88 7 AFP BRUSSELS Negotiations between Russia and the European Community for a partnership designed to lower tarifT barriers are proceeding slower than expected, EC officials said yesterday. As a result, when Russian President Boris Yeltsin arrives here on Dec 8, he will not be able
        AFP  -  88 words
      • Article
        Lock icon US airlines, LA airport in accord
        62 7 AP WASHINGTON More than 50 airlines and the city of Los Angeles reached a tentative accord late on Tuesday in a dispute that threatened to disrupt the US transportation system. The city and airlines expect to finalise the settlement this morning over increased landing
        AP  -  62 words
      • Article, Illustration
        Lock icon Clinton signs gun control Bill
        92 7 AFP WASHINGTON US President Clinton on Tuesday signed the Brady Bill setting a five-day federal waiting period for handgun sales, calling it the first step towards "taking our streets back" from violent criminals. The Bill's namesake, former White House press secretary James Brady, sat by
        AFP  -  92 words
      • Article
        Lock icon Treuhand wins Russian orders
        65 7 Bloomberg Business News LONDON Treuhandanstalt, the German agency charged with privatising east German assets, and a banking consortium led by Dresdner Bank AG secured orders worth 800 million marks (*****.5 million) from Russia, the Financial limes reported yesterday. Construction equipment and machine tools will be sold
        Bloomberg Business News  -  65 words
    • Article
      Lock icon US govt agency to propose rule to rid TVs of cable boxes
      393 7 Reuter WASHINGTON Within three years, US consumers may be able to dump cable boxes and replace them with specially equipped televisions and video recorders, if government rules proposed yesterday are adopted. The Federal Communications Commission proposals would require
      Reuter  -  393 words
    • Article
      Lock icon Intel and General Instrument to join cable PC project
      103 7 NYT SAN FRANCISCO Intel Corp and General Instrument Corp were due to announce yesterday plans to cooperate on technology that would enable cable television companies to deliver computer data and software to home computers. The companies will cooperate with computer network
      NYT  -  103 words
    • Article
      Lock icon Budget only delays tax pain for Britons: economists
      450 8 Reuter, FT LONDON Britain's Budget raised taxes next year by fractionally less than many economists expected, but for future financial years the tax take will markedly increase, leading independent economists said. Treasury figures show the budget will raise raise net revenue by
      Reuter,; FT  -  450 words
    • Article, Illustration
      Lock icon US honours Holocaust hero
      133 8 Reuter WASHING lON Oskar Schindler (inset), a Nazi businessman who saved 1.300 Jews doomed to gas chambers during World War 11, was honoured posthumously on Tuesday at the US Holocaust Museum. Schindler protected as many Jews as he could at his plants, lying to the Nazi
      Reuter  -  133 words
    • Article
      Lock icon Russia unveils measures to boost arms exports
      263 8 FT MOSCOW Russia announced on Tuesday a big boost to its arms trade, with measures to support the increased export of weapons. Alexander Shokhin, deputy premier for foreign economic relations, said Russia had earned US$2.5 billion (Ss4 billion) from the sale of arms
      FT  -  263 words
    • Article
      Lock icon G-7, Russian govt to discuss ways to speed up aid
      443 8 Reuter WASHINGTON Senior officials from rich industrial nations look set to meet Russian Finance Minister Boris Fyodorov on Dec 17 to discuss ways of speeding up aid to Russia, international monetary sources said. The Paris meeting will follow parliamentary elections
      Reuter  -  443 words
    • Article
      Lock icon Ukraine faces international isolation over nuclear missiles
      393 8 Reuter ROME Ukraine faced international isolation on Wednesday over its reluctance to give up its Soviet-era legacy of over 1,600 long-range nuclear missiles. The arsenal in theory makes Ukraine one of the world's major nuclear powers except that experts say Moscow has still
      Reuter  -  393 words
    • Article
      Lock icon UN enforces new sanctions against Libya over Pan Am bombing
      325 8 Reuter UNITED NATIONS New Security Council sanctions against Libya have come into force to pressure Tripoli into surrendering two men accused of blasting a Pan Am airliner out of the skies over Lockerbie, Scotland, in 1988. The Security Council, at
      Reuter  -  325 words
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      96 7 frm aaa RIGHT HERE I waiting for you. WTW I mm I Wherever you I 11/ Omni Hotel always a jr experience. Because you perfectly shows many on the Centre an document. Or else. That's why so many SINGAPORE Omni ©Marco Polo Hotel HONG KONG Omni ©The Hongkong Hotel Omni
      96 words
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      100 8 Piaget. True values never change. PlvgeT JQAILUER EN HORWGERIE DEPUISIB74 GENEVE PIAGET Singapore Pte Ltd, Boutique and Service Centre: *01-01 Mandarin Shopping Arcade. The Mandarin Singapore. 333 Orchard Road, Singapore 0923. Tel: *****31. Office: 583 Orchard Road. *09-03 Forum, Singapore 0923. Tel: *****55. Fax: *****22. Authorised Dealers: Cortina Watch Centre
      100 words
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      200 9 A dedicated freight hotline. Instant price quotes for shipments from 20 kgs to thousands of kilos. Guaranteed cost savings* And next-day delivery to the USA 9l|Bp Can you expect the same from other air express companies? Probably not. So call the FedEx Freight Hotline: 1-800-743-2626. When it comes to sending
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  • THE LAW PAGE
    • Article
      Lock icon Was the US govt too harsh with a law firm?
      773 10 It was brought to its knees for withholding info in savings and loan scam NYT PETER M Fishbein was not one of those Wall Street figures led away from work in handcuffs who, quite apart from their guilt or innocence,
      NYT  -  773 words
    • Article
      No saris please, we're in court
      349 10 AT THE-^^ WEAR your national dress anywhere but in court, women lawyers have been told. A recent decision to bar women lawyers from wearing to court any form of dress other than a gown over a longsleeved white blouse and a black jacket has
      349 words
    • Article
      Quick check on a potential partner
      239 10  -  By Conrad Raj FINANCIAL institutions and others who want to ensure that the parties they are dealing with are not entangled in any legal wrangle can now seek help from Law Net, the nationwide computerised network for the legal sector. And they can do
      239 words
    • Article
      Drew & Napier opens Viet office
      188 10 Drew Napier opens Viet office Leading law firm Drew Napier is opening an office in Vietnam. and is also offering two fellowships and five study scholarships for promising Vietnamese lawyers. "It is our view that Vietnam will be the next tiger in Asia Pacific. We have gone regional to take
      188 words
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      70 10 am immmmlm T iKf A. Announcing the Volvo 850 Turbo. and a breathtakingly effortless 225 bhp. Its turbocharged five-cylinder engine Scorching to 100 km/h in 7.7 seconds delivers a massive 300Nm of torque and with a top speed of 240 km/h. it from 2000 rpm until redline 5200 rpm. minces
      70 words
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      93 11 Guaranteed to make a deep impression Omega Seamaster 120 m. Gents' automatic chronometer WHJH and ladies' watch in steel and 18k gold. Scratch-resistant sapphire crystal. Screw-in crown, water-resistant to 120 meters. Swiss made since 1848. y 1/ 41 o W it* "'e o OMEGA The sign of excellence Sole Agent
      93 words
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  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • Article
        Lock icon The gene causing liver damage
        52 12 Newsday NEW YORK Scientists from New York, and Boston have identified the gene for Wilson's disease, a serious genetic condition affecting one in 3().(XX) people that causes a toxic build-up of copper in the brain and liver. The discovery will help doctors diagnose the disease
        Newsday  -  52 words
      • Article
        Lock icon Why some become stiff when startled
        33 12 AP NEW YORK Scientists have discovered the genetic cause of a rare disease that makes its victims react excessively when startled, even becoming stiff and falling over.
        AP  -  33 words
      • Article
        New prospects for metal packaging
        64 12 SINGAPORE Steel eould soon rival aluminium foil as a packaging material with the development of special synthetic coatings and ultra-thin sheeting by Dutch company Hoogovens IJmuiden. The new coated steel is light and more resistant to corrosion, heat and rough handling, making it suitable for
        64 words
      • Article
        CFC-free cleaning for manufacturing
        74 12 SINGAPORE France's Linde Gas Industriels has developed an ozone-friendly method of cleaning the grease left behind in metal tooling and cutting essential processes in manufacturing. The Cryoclin method consists of shooting small (0.5 2 mm diameter) ice pellets at the speed of sound onto the surface.
        74 words
    • Article, Illustration
      Lock icon New contraceptive vaccine under moral scrutiny
      749 12 Campaigners claim the method is directed at controlling Third World population growth Reuter A REVOLUTIONARY new contraceptive has been hailed by its developers as another weapon in the fight against unwanted pregnancy, but critics fear it will be used against women in the name
      Reuter  -  749 words
    • Article
      Lock icon US science agency enjoys Congress' generosity
      494 12 AP READING the headlines in American newspapers. one might get the impression that these are dire days for science. The United States Congress, after all, has killed the Superconducting Super Collider, and support for Nasa's space station Freedom has been unsteady. Although the most
      AP  -  494 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      343 12 On behalf of our members, we wish to inform that with effect from 1 st January 1994, the depots will be imposing a depot handling charge of 554.00 per container per collection or per return to defray the increased cost of operation. 2nd December 1993 IN THE MATTER OF COMPANIES
      343 words
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      Page 12 Advertisements Column 2
      194 12 REUGE MUSIC BOX OF SWITZERLAND PTE LTD (In Members' Voluntary Wlnding-Up) NOTICE IS HEREBY GIVEN that the Final Meeting of the members of the abovenamed company will be held at 138 Cecil Street #18-00, Cecil Court. Singapore 0106 on 3 January 1994 at 10.30 am for the purposes set out
      194 words
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      Page 12 Advertisements Column 3
      85 12 BUSINESS T I M H S TOLL-FREE TEL. No. 1-300-7AI-1883 FAX:74I-1298 KNITEX EQUIPMENT PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 (2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 559-C. Balestier Road,
      85 words
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      Page 12 Advertisements Column 4
      655 12 IN THE MATTE* Of THE COMPANIES ACT (CHAPTER 541 AND IN THE MATTER OF YIK LIN FUN A SONS PTE. LIMITED (Incorporated la Singapore! (la Voluntary liquidation) At an Extraordinary General Meeting of (he memben of Yik Lui Fun A Sons Pie Limiteddaly convehedandheldal 8-AChancery Lane#ol -01 Chancery Corner. Singapore
      655 words
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      Page 12 Advertisements Column 5
      656 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER Ml AND IN THE MATTER OF SIGMA INVESTMENTS PTE LTD I Incorporated in Singapore' (la Voluntary Liquidation' Al an Extraordinary General Meeting of the members of Sigma Investments Pie I Jd duly convened and held a( No 22 Senoko Way. Singapore 2775
      656 words
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      Page 12 Advertisements Column 6
      289 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JINMANN PTE LTD (In Members' Voluntary Liquidatkxi) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2) (b) At an Extraordinary General Meeting of the company held on 30th day of November 1993 at 50 Jalan Sultan, #06-04Jalan
      289 words
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  • SPORTS
    • Article, Illustration
      Lock icon Price heads chase for million dollar pay-out in Sun City
      382 13 Golf AFP SUN CITY. South Africa Twelve of the world's top golfers tee off today at the Pilanesberg Golf Course here for the sport's biggest purse, the Sun City Million Dollar Challenge. Heading the list of hopefuls is Nick Price,
      AFP  -  382 words
    • Article, Illustration
      Lock icon Rockets just one short of NBA record
      355 13 AP HOUSTON The Houston Rockets pulled within a victory of matching the 45-year-old NBA record of 15 consecutive wins to start a season as Hakeem Olajuwon's 20 points and 12 rebounds gave them a 102-91 decision over Milwaukee on Tuesday night. The Rockets
      AP; Reuter  -  355 words
    • SPORT SHORTS
      • Article
        Lock icon Untitled
        85 13 AP KUALA LUMPUR In an effort to win as many medals as possible during the Commonwealth Games here in 1998, Malaysia has brought 33 full-time coaches in from abroad, mostly the former Soviet Union countries and China. Youth and Sports Ministry Parliamentary Secretary Ismail Said told parliament yesterday that there
        AP  -  85 words
      • Article, Illustration
        Lock icon Ice hockey
        36 13 Reuter NEW YORK NHL results on Tuesday (home team first): New Jersey 1 NY Rangers 3; NY Islanders 6 Washington 4; Quebec 2 Boston 5; Calgary 2 Dallas 2 (OT); LA 6 Winnipeg 8.
        Reuter  -  36 words
      • Article, Illustration
        Lock icon Basketball
        238 13 Reuter NEW YORK NBA results on Tuesday (home team first): Atlanta 122 Boston 114; Cleveland 92 Detroit 74; Miami 109 Portland 123; Philadelphia 80 Seattle 92; Chicago 132 Phoenix 113; Houston 102 Milwaukee 91; Utah 103 Denver 92; Golden State 103 Dallas 91. Standings (won, lost, winning percentage and
        Reuter  -  238 words
      • Article, Illustration
        Lock icon Cricket
        126 13 AFP JOHANNESBURG England A arrived here on Tuesday for a two-month visit expcctcd to end acrimony caused by Mike Gatting's rebel tour in 1989-90. "If there is anything that needs to be healed, it will be this England A tour that docs it," said Ali Bacher. managing director of
        AFP  -  126 words
      • Article, Illustration
        Lock icon Rugby
        55 13 AP DEVON PORT, England New Zealand's All Blacks rebounded from their Test defeat at Twickenham with a 13-3 victory over the England Combined Services team on Tuesday night. Hooker Norm Hewitt scored the game's only try 15 minutes from time as the All Blacks won for the 12th time
        AP  -  55 words
      • Article, Illustration
        Lock icon American Football
        185 13 Reuter ROSEMONT, Illinois The NFL on Tuesday awarded a franchise to Jacksonville, Florida, completing an expansion that will bring two new teams to the south-east United States, an area it said was the fastest growing part of the country. "There is a very strong feeling that Jacksonville is
        Reuter  -  185 words
    • Article
      Lock icon Greg Norman to buy US$3.4m Australian yacht
      374 13 AP, AFP SYDNEY Golfer Greg Norman. who already owns his own jet. is set to buy a US$3.4 million (555.4 million) yacht in Australia to take back to the US. Dave Warren, owner of International Yachts north of Sydney, said other details of
      AP,; AFP  -  374 words
    • Article
      Lock icon Kazakhstan strikes gold at Asian track meet
      376 13 AP MANILA Natalya Torchina of Kazakhstan won the women's 400 m hurdles yesterday and teammate Grigory Yegorov captured the pole vault as the former Soviet republic made its debut in the Asian Track and Field Championships. China's formidable team collected three golds at
      AP  -  376 words
    • Article
      Lock icon Not quite prepared for the Big Soccer incursion
      633 13  -  Robert Lipsyte is unimpressed by the World Cup Robert Lipsyte NYT NEW YORK One of my jobs around here 30 years ago was taking London bureau chauffeurs to baseball games and recording their inane queries ("Has it begun yet? Why does that
      NYT  -  633 words
  • Page 13 Advertisements
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      249 13 WHO Should I go to for maximum returns on my investments? WHY Is the property market showing signs of revival? WHAT Stocks and shares should I invest in WHICH Credit card gives me the best mileage Find out at... Vj s .o^i CO OS "u a* 55J i s. 1/I.£
      249 words
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  • Page 14 Advertisements
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      820 14 11m Nothing Beats A Bud, ilMti or The "Quests' star it alive and wed with ftdl of Soul Rock 'n' RoU. VERNON CORNELIUS PLUS performs at CONNECTIONS from 9pm to 2am nightly (except Sundays). 1 The Richmond Connection DJs also entertain from Monday* to Sundays, Spin to 2aa. Experience good
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      Page 14 Advertisements Column 2
      242 14 WHERE TO WINE, DINE AND ENTERTAIN TIE I YELLOW RIBBON IT Yellow Ribbon Night. For lovebirds to share fond memories Well make four lady feel extra special. One-for-one offer on standard dnnks and fashion show. So bring her over. Every Thursday and tie a Plaza Hotel fashioned romance. "7' Eve
      242 words
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      Page 14 Advertisements Column 3
      347 14 rf§ll LUNCH ACROSS A(j INTERNATIONAL A &g, BOUNDARIES DURING (villi DECEMBER /jjjrn Festive fare and variety. An irresistible *J j combination that makes Top of the M a "must" Jhr lunch destination for December. If <* For reservations, please call 734 6151 739 8438. C Seasonal Buffet T 1 Dec
      347 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon When sparks fly
      848 15  -  Film makers reveal to Michelle YVillens their secret recipe for cooking up explosive chemistry between stars Michelle Willens NYT Streisand and Redford had it in The H ay We Were. Redford and Winger in Legal Eagles did not. Winger and Gere had it in An Officer and
      NYT  -  848 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      267 15 GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 *01-03 ROYALVILL£ BUKIT TIMAH ROAD SINGAPORE 1027 TEL
      267 words
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      Page 15 Advertisements Column 2
      131 15 RSM.KANT SUSHI TEPPANYAKI ONLY AT THE GINGA on Sushi 'mw and Maki creations KS while our chefs whip F\W up a sizzling teppanyaki J\{J treat of Scallops. I I Prawns, Chicken, Beef k -A -J and Mushrooms. V t J Inclusive of fresh Salad Greens Miso Soup and Desserts Available
      131 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1321 15 I TV&RAPK^^^^j The Karate Kid Part 111, 10.30pm, SBC 5 The agrees to someone been to ter H after endless the and Attitudes, jji Bpm. SBC 12 IUIT/ [|^jyf| Presenter Colin Siedor looks the problems Aids victims m^W especially rejection from friends. With > B|r World Aids Day. how has
      1,321 words
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  • Article
    Job-sharing just won't work
    507 16 EDITORIAL IT IS a measure of Europe's desperation over rising unemployment that EC ministers meeting in Brussels last month spent so much of their time discussing the merits and demerits of jobsharing. The prospects of eliminating unemployment by conventional means, short-term through Keynesian largesse or long-term
    507 words
  • WHAT THE OTHERS SAY
    • Article
      Nato's new headache
      204 16 ADAPTING to the post-Cold War world has not been easy for the 16-member North Atlantic Treaty Organisation. The disappearance of the Soviet threat robbed it of its raison d'etre. Nato now has to contend with Russia's objections to an expansion of its membership to cover some of
      204 words
    • Article
      Chavalit's useless vendetta
      187 16 THE BATTLE ROYAL between the Police Service Commission and the New Aspiration Party will certainly be quite entertaining and pleasing to Opposition members, who are simply sitting back as the party and its leader get themselves deeper into the mess and their reputation is further tarnished by
      187 words
    • Article
      No-action, talk-only Opec
      194 16 THE ministerial meetings of the 33-year-old Opec have of late become increasingly boring events. Media attention to its conferences has decreased sharply, a situation which is starkly different from that of the 1980s, when almost every movement of the oil ministers at their closely-guarded hotel was a
      194 words
    • Article
      A national rallying point
      171 16 THE Malaysia Cup final saw Singapore unable to eontain the attack of just a Malaysian state team. But. of course, Kedah is not an ordinary state team, judging from its track record. Why? The FAS will have to do some soul-searching to find the reasons for
      171 words
    • Article
      Warning signals from Tokyo
      166 16 THE BASIC REASON for the sharp fall in the Tokyo bourse on Monday is that there are no signs of recovery for the Japanese economy, which is in its fourth year of recession. Prime Minister Morihiro Hosokawa has been working hard on political reforms since he
      166 words
    • Article
      Keep the flexibility
      152 16 RAISING the retirement age to 60 is being offered as the answer to the labour shortage and longer lifespans, but it is not necessarily a solution. The present public sector practice of rehiring able, capable and willing retired staff on a contract basis to partly meet the
      152 words
  • Article
    Lock icon Stepping on the gas to catch up in China
    1171 16  -  Political uncertainty in China scared off Japanese carmakers in the late *****. Now, as they feel more comfortable and realise the huge market potential there, they're clamouring for a piece of the action. Steve Brull reports Steve Brull IHT THE chairman
    IHT  -  1,171 words
  • Page 16 Advertisements
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      19 16 ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••WW** She's Singapore's j most famous humorist j and he calls her Chair-Chair j a^u f EF a jjjjj^^^jj^^^
      19 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      78 16 i (\'Ve ONLV ONCORR »M THE you swD You s Tb cOORKHfMSDj V CPSN... Vf y c AjtocmTTO IWWMHM mi-im DOONESBURY GARRY TRUDEAU [E&Mfexican confirm fKnollmeister: My M that Cigarette Holder I photo was given to me I Dal-Tex, Ij n 1975 His I *hey Kind of Man'doesnotexistin p lin
      78 words
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  • ANALYSIS
    • Article, Illustration
      Gatt fever: 'tis the season for horse-trading...
      1689 17  -  While Leon Hadar discusses the urgency for Washington to get the Uruguay Round all sewn up by Dec 15, even if it has to cut a few deals, Roger Cohen finds out why the Germans welcome a global trade accord much more than
      1,689 words
    • Article
      Lock icon France and Germany: similar problems, different attitudes
      910 17 NYT DESPITE repeated assertions of solidarity between France and Germany, the long conflict in world trade talks involving France, Germany, and the United States has demonstrated stark differences of economic confidence and outlook between France and Germany, Europe's largest industrial powers. As negotiations
      NYT  -  910 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      44 17 REDISCOVER u RADIO 1 When I need to know what's happening in Singapore, there's just one station I turn to Radio 1. They update me on news and information every half-hour. And, the music is good. 9) o SHERMAN LIM 48, Lawyer Radiol 90.5™
      44 words
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  • Article
    Lock icon US revises third-quarter growth estimate down to 2.7pc
    523 18 Reuter WASHINGTON A worsening in the United States' trade position prompted the government yesterday to revise downwards slightly its estimate of economic growth for the third quarter. The Commerce Department said gross domestic product grew a moderate 2.7 per cent from July
    Reuter  -  523 words
  • Article
    Lock icon EC, US scurry to settle stubborn farm trade dispute
    621 18 11 th-hour attempt to save world talks from collapse Reuter, AP. AFP BRUSSELS The European Community and the United States made an 11 th-hour attempt yesterday to settle a stubborn dispute over farm subsidies and save world trade talks from collapse.
    Reuter,; AP.; AFP  -  621 words
  • Article, Illustration
    Lock icon Standing guard
    53 18 AFP PARIS French riot police standing watch as a giant pink condom is rolled over the obelisk at the Place de la Concorde yesterday morning. The 22m and 3Skg condom was put there by Italian clothes maker Benetton and the French Aids association 'Act Up' to mark World
    AFP  -  53 words
  • Article
    Lock icon Boeing to cut production, up to 3,000 jobs to go
    249 18 Reuter SEATTLE Boeing, the world's biggest aircraft maker, said yesterday that it is further cutting back production of 8737 and 8747 airliners in a move that will eliminate as many as 3.000 more jobs. "Until more customers are in a
    Reuter  -  249 words
  • Article, Illustration
    Pakistan's nuclear programme is peaceful in nature
    433 18  -  The Bottom Line BENAZIR BHUTTO BENAZIR BHUTTO The writer is the Prime Minister of Pakistan MY new government wants stronger relations with Washington and would like to put the recent troubles related to our nuclear programme behind us. Also, we want to assure
    433 words
  • Article
    Lock icon Beijing slack in enforcing copyright laws: US
    250 18 AP, AFP WASHINGTON China is failing to enforce laws protecting US copyrights and patents, the US administration says. United States Trade Representative Mickey Kantor said on Tuesday he was placing China on a "priority watch list/' a designation that could ultimately lead to
    AP,; AFP  -  250 words
  • Article
    Lock icon CIA chief says US firms gaining under its new stance
    386 18 Reuter WASHINGTON US spy agencies are saving contracts worth billions of dollars a year for American companies through stepped-up efforts to thwart theft of trade secrets. CIA director James Woolsey. in a television appearance on Tuesday night, said the Central
    Reuter  -  386 words
  • Article
    Lock icon India's ruling party wins key state poll
    223 18 AFP NEW DELHI India's ruling Congress Party was swept to power in the central state of Madhya Pradesh yesterday, dealing a serious blow to the nationwide ambitions of the Hindu nationalist opposition. With results for 305 seats out of a total 320 seats
    AFP  -  223 words
  • Page 18 Advertisements
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      398 18 M 3 A 66 Sure-To-Delight L"""—' Slaamad Shnmp Saftao Fiah and D»cad Gourmet Favourites -g-~ Crab Roa Bimd Enoch*) Bmt Skmd Baaba<»jad Pork Curd «■*< Black Pappar m Spice Garden Restaurant presents an assemblage of B*ad Flaky Paatry aaft S<<MMar VtgMun Baitoaquad Po* Fiftng* Ctaypel the finest gourmet favourites, including
      398 words
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      Page 18 Advertisements Column 2
      49 18 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      Page 18 Advertisements Column 3
      71 18 MARKETING Tomorrow in Business Times TANKERS/FLOATING STORAGE INSTALLATIONS: Project Management/Engineering by American Naval Architect Marine Engineer. Over twenty yean of responsible international experience. Experienced with construction, modification, design, maintenance, repair, inspection, condition assessment,operation and economics of various vessel types outfitted with diversity of systems, machinery, equipment Evaluation life extension of
      71 words
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  • COMPANIES & MARKETS
    • Article
      JC-MPH to float Aussie unit, give shareholders stock
      323 19  -  By Joyce Quek SINGAPORE Listed Jack Chia-MPH is to offer 10.5 per cent of its wholly-owned Australian subsidiary. Long Homes Ltd, to the public in Australia as well as give its own shareholders about a quarter of Long Homes' stocks. Long Homes
      323 words
    • Article
      Vickers Ballas launches public offer today
      324 19  -  By Conrad Raj SINGAPORE Stockbroker Vickers Ballas will launch its public offer of 102 million 25cent par value shares today. Formal approval by the Stock Exchange of Singapore, as well as the agreement between the team of underwriters, was obtained yesterday. The issue will
      324 words
    • Article, Illustration
      Philip Yeo likely to be next Sembawang chief
      291 19 SINGAPORE Sembawang deputy chairman Philip Yeo looks set to become the group's next executive chairman. The strongest hint of the promotion came yesterday when present group executive chairman Hsu Tse Kwang said: "If Philip Yeo can achieve a fraction of what he
      291 words
    • Article
      Big question mark over L & M's future
      775 19  - Big question mark over L M's future HOCK LOCK SIEW By Lee Han Shih SINGAPORE Which listed company in Singapore has terrible results, an uncertain future and a stratospheric price-to-earnings ratio of 2,400? The answer is, of course, L&M Group Investments Ltd. Now a slightly tougher question. Given the state
      775 words
    • Article
      Higher export volumes boost S'pore company's profit
      369 19  -  Rothmans group results By Abdul Hadhi SINGAPORE Rothmans Industries has lifted its interim net profit 30.2 per eent to $24.8 million on the back of stronger exports and better margins. The company said yesterday the result for the halfyear to Sep 30 was
      369 words
    • Article
      Lock icon Currency gains lift earnings at parent company
      98 19 Reuter LONDON Tobacco firm Rothmans International pic reported on Tuesday group pretax profit of £233.4 million (*****.5 million) for the six months to end-September for an 11.5 per cent rise, despite a 9 per ccnt drop in worldwide cigarette volumes. Currency gains of
      Reuter  -  98 words
    • Article
      Lock icon Rothmans (M) reports M$191m interim profit
      189 19 Bernama KUALA LUMPUR Rothmans of Pall Mall (Malaysia) Bhd has reported a group pretax profit of M$ 190.9 million (*****.2 million) for the six months ended Sep 30, up 21.4 per cent from M$ 157.23 million previously. Announcing its unaudited results here yesterday, the
      Bernama  -  189 words
    • Article, Illustration
      Lock icon SUMMARY
      359 19 Source: Bridge Info Performance of STII's Index stocks Dec l Usl Smc ladrx Slock uk ChK factor aovrrs Avimo I 790 0 020 I 24 2 96 (AC 7 950 0 050 5 52 7 41 CWT 2 680 186 C crchos 6 550 0 050 4.55 7.41 FAN
      Source: Bridge Info  -  359 words
    • COMPANIES
      • Article
        Lock icon The worst is yet to be for Malaysia Airlines: analysts
        499 20 Reuter KUALA LUMPUR Malaysian Airline System Bhd (MAS) suffered a further setback after its half-year earnings plunged 95 per cent. And analysts say the worst is not yet over as woes continue to plague the airline industry worldwide. "It was
        Reuter  -  499 words
      • Article
        Lock icon EON and UK-based firm in venture to set up steel plant
        309 20 MBT KUALA LUMPUR Edaran Otomobil Nasional (EON) Bhd will enter into a joint venture agreement with a British-based company to set up a structural steel fabrication plant in Rawang. Selangor, next year. In its first diversification into structural steel
        MBT  -  309 words
      • Article, Illustration
        Lock icon M'sian, French firms vie for Hanoi's first payphone system
        203 20 Reuter HANOI Malaysia's Sapura and France's Schlumberger Technologies are competing to install the first pay telephone system in Hanoi, executives of the two firms said yesterday. Technicians have installed dozens of Schlumberger's green and Sapura's yellow call boxes around the Vietnamese
        Reuter; AFP  -  203 words
      • Article
        Lock icon MUI group posts pre-tax profit of M$28m
        225 20 MBT KUALA LUMPUR The MUI Bank group, which Malayan United Industries Bhd (MUI) is selling to the Hong Leong group, earned a group pre-tax profit of M 528.1 million (5517.4 million) for the six months ended June 30, 1993. The net profit of
        MBT  -  225 words
      • COMPANY BRIEFS
        • Article
          SES again queries Bukit Sembawang
          59 20 SINGAPORE The Stock Exchange of Singapore yesterday again queried Bukit Sembawang Estates on the sharp rise in its share price. The company's shares emerged as the top gainer again yesterday, up $3.50 to $28.50 on a volume of 141.000 shares. The price has been moving
          59 words
        • Article
          Wepco queried
          70 20 SINGAPORE The Stock Exchange has queried Wepco on the sharp rise in the price and turnover of the company's shares yesterday. The Sesdaq-listed company closed at $1.28 yesterday, up 33.5 cents on a volume of 4321.000 shares. Its last done price last week was 96 cents. In a
          70 words
        • Article
          Redeeming Lum Chang loan stock
          94 20 SINGAPORE Lum Chang Holdings yesterday said its unsecured loan stock 1988/1993 will be redeemed on Dec 19 at its nominal amount together with interest accrued from Jan 1 to Dec 19, 1993. The last day for trading in the loan stock is Dec 10. On
          94 words
        • Article
          Ipco power plant begins operations
          65 20 SINGAPORE Infrastructure development group Ipco International yesterday saw the start of commercial operations at the Cikarang Listrindo Power Station in Indonesia, a project completed by Ipco in cooperation with local partners. The power station is Indonesia's first privately owned and operated electric utility. The first
          65 words
        • Article
          New directors at Summavest
          89 20 SINGAPORE Summa Investments has appointed a new board of directors with Francis Yuen as its chairman. Besides Mr Yuen, the other seven new directors are William Fang, who will assume the managing director's post. Choi Sai Leung. James Luk Yu King. Zhou Biquan. Wong Chun Hong.
          89 words
        • Article
          Corrections and clarifications
          57 20 IN OUR REPORT headlined "LC Development to raise S6sm through bonds. TSRs" on Nov 30. the bond maturity date should have been 1999 instead of 1998. Also, the ISRs were ofTered on the basis of one TSR for every four ordinary shares of Sl. not one-for-one as
          57 words
      • Article
        Lock icon Ganda sells subsidiary to individual for M$100,000
        156 20 Bernama KUALA LUMPUR Ganda Holdings Bhd will sell its whol-ly-owned subsidiary. Central Oil Palms Sdn Bhd. to an individual for MS 100.000 (5562.000) cash. Ganda has entered an agreement on the sale of 9.8 million ordinary shares of Central Oil Palms, representing its
        Bernama  -  156 words
      • Article
        UNIT TRUSTS & FUNDS
        491 20 UNIT TRUSTS FUNDS MaiMgcrt'prices Dcc 2 (jnibond* 105 108 a Unilcd Gr Fund 1 148 1.54 Singapore Unit Trust j m tcd am Fuad 175 1 The Commerce 160 1 68 NTUC InCOOie S'porc Prog* Iund 0 67 0 70 Income Bond Polio 4 08 4.22 S'porc Sec Fund 0
        491 words
      • Article
        Lock icon Chinese firm's float in Hongkong 628 times subscribed
        295 21 Reuter HONGKONG China-incor-porated Kunming Machine Tool Co Ltd said its public offer was 628 times subscribed, making it the second largest oversubscription of its kind in Hongkong. The HK5128.7 million (5526.6 million) float of 65 million H shares, a class of mainland
        Reuter  -  295 words
      • Article
        Lock icon Esprit Asia 'extremely pleased' with response to IPO in HK
        170 21 Bloomberg Business News HONGKONG Clothing and fashion products retailer Esprit Asia Holdings Ltd said its initial public offering in Hongkong was 194 times oversubscribed. Valid applications for 32.98 billion shares were received from the public. In addition, 18.75 million shares
        Bloomberg Business News  -  170 words
      • Article
        Lock icon Beijing to buy out ailing steel plant in Sydney
        166 21 UPI SYDNEY The Chinese government's China Minmetals firm has agreed to buy the ailing Sydney Steel Corporation from the Nova Scotia provincial government. The buyout will occur after three years of joint operation by the two, and is contingent on the
        UPI  -  166 words
      • Article
        S'pore firms take up 25pc of Indian open-ended fund
        265 21  -  By Teh Hooi Ling SINGAPORE Open-ended fund Indian Investment Co Sicav has attracted US$l5O million (SS24O million), or 50 per cent more than its target figure. About 25 per cent of the money was raised from institutions based in Singapore. The
        265 words
      • Article, Illustration
        Lock icon This dog is not for dinner
        72 21 AFP BEIJING Dai Jingping coifs a pure bred Shih-tzu at the cosmetic salon of the KPK World Pet Zoo Company. KPK, which opened in August, also sells pure bred dogs and cats and has a veterinary clinic. Besides cashing in on the economic boom,
        AFP  -  72 words
      • Article
        Lock icon Sharp setting up copier plant in China
        147 21 Bloomberg Business News TOKYO Sharp Corporation will establish a wholly-owned copier manufacturing plant in Changshu, southern China. The venture will operate under the name Sharp Office Equipment (Changshu) and will start turning out copiers next October. Sharp expects to ship 10,000 units from
        Bloomberg Business News  -  147 words
      • Article
        Lock icon Siam Cement blames low profit on high costs
        271 21 Reuter BANGKOK Siam Cement Co Ltd reported a 27.7 per cent lower net profit for its third quarter ended Sep 30, citing greater competition in the construction materials business and higher costs from its new plants. Siam Cement said its net profit
        Reuter  -  271 words
      • Article
        Lock icon Thai oil refinery names four underwriters for March IPO
        282 21 Bloomberg Business News BANGKOK Bangchak Petroleum pic, Thailand's stateowned oil refinery company, has appointed four companies as lead underwriters for its initial public offering planned for early next year. Lead underwriter for the foreign portion of the issue. C S First
        Bloomberg Business News  -  282 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK Telecom to open new Asian offices
          60 22 Bloomberg Business News HONGKONG Hongkong Telecommunications Ltd has opened three new representative offices in Singapore, Korea and Taiwan, the group said in a statement. The group has representative offices in China's capital Beijing and southern city of Guangzhou. The offices are responsible for
          Bloomberg Business News  -  60 words
        • Article
          Lock icon Glaxo sees slow US, Europe growth
          91 22 Bloomberg Business News LONDON Glaxo pic said growth over the next five years would be slower in the US and Europe than the previous five years but its strategy wouldn't need restructuring programmes, joint ventures or alliances with other drug companies, the Financial Times
          Bloomberg Business News  -  91 words
        • Article
          Lock icon GEC interim profit up one per cent
          64 22 Bloomberg Business News LONDON General Electric Co pic said it made a pre-tax profit of £360 million (SSBS7 million) in the six months to Sep 30, up just one per cent from last year but ahead of analysts expectations. The company also increased
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Mattel acquires Fisher-Price
          58 22 Bloomberg Business News NEW YORK Mattel Inc completed its US$l.24 billion (551.97 billion) purchase of Fisher-Price Inc yesterday, creating a giant toy maker that rivals Hasbro Inc as the world's largest. The merger combines Fisher-Price's strength in toys for infants and young children with Mattel's popular lines
          Bloomberg Business News  -  58 words
        • Article
          Lock icon British Gas names new chairman
          54 22 Bloomberg Business News LONDON British Gas pic named Richard Giordano as chairman from Jan 1. Mr Giordano, formerly chief executive of chemical company BOC Group pic, will take over from Robert Evans who said he plans to retire at the company's annual general meeting in
          Bloomberg Business News  -  54 words
        • Article
          Lock icon Inchcape fails to change classification
          60 22 Bloomberg Business News LONDON Inchcape pic failed to persuade the FT-SE Actuaries Industry Classification Committee to list it under a Diversified Industries category from Vehicle Distributors, the Financial Times reported. Under the new classification system companies are listed under sub-sectors according to the industry from
          Bloomberg Business News  -  60 words
      • Article
        Lock icon LTV to get US$375m from USX to settle antitrust dispute
        298 22 NYT NEW YORK USX Corp will pay US$375 million (***** million) to LTV Steel Corp to settle an antitrust case involving a former USX subsidiary, the two steelmakers announced on Tuesday. USX has been appealing a federal court award of
        NYT  -  298 words
      • Article
        Lock icon US cable TV operators work on new fibre-optic project
        615 22 Bloomberg Business News NEW YORK Five of America's top cable television system operators are expccted to announce a joint venture this week that eventually would send a range of new voice, video and data services down a nationwide fibre-optic network. Comcast
        Bloomberg Business News  -  615 words
      • Article, Illustration
        Lock icon Thomas Cook confident of Euro Disney's future
        536 22 Reuter LONDON British travel and financial services group Thomas Cook said it stood squarely behind financially troubled French resort Euro Disney SCA and was convinced it would become a commercial success. "We see Euro Disney growing in the future and we do believe
        Reuter  -  536 words
      • Article
        Lock icon Dell Computer recovers with US$12m third-quarter profit
        347 22 NYT NEW YORK Dell Computer Corp served notice on Tuesday that its recovery was under way. The personal computer maker reported a US$l2 million (Ssl9 million) profit in the third quarter, after Wall Street had expected a loss. Dell has tightened its management
        NYT  -  347 words
      • Article
        Lock icon PC makers attack NEC stronghold on Japan market
        204 22 Reuter TOKYO Foreign and Japanese computer makers are massing forces for a full-scale attack on NEC Corp's domination of the personal computer market. NEC has a 53 per cent share of the Japanese PC market, the world's second largest after the US.
        Reuter  -  204 words
      • Article
        Lock icon Bargain hunting for Japanese stocks
        920 22 MARKET WATCH AP TOKYO The Tokyo stock market tumbling once again is testing a precept that many US investors have held dear since 1987: The time to buy an investment is when no one else wants it. The issue of growing debate in Japan's case
        AP  -  920 words
      • Article
        Lock icon Tokyo slump forces corporates to unload shares
        471 22 Reuter TOKYO Japan's persistent economic slump is forcing corporate investors to keep selling shares beyond the traditional cut-off point of the fiscal halfyear end in September, analysts say. Traditionally, corporate investors sell shares to beef up their earnings figures ahead of the fiscal
        Reuter  -  471 words
      • Article
        Lock icon Wyse battles to move listing from NY to Taiwan
        415 22 Bloomberg Business News TAIPEI Taiwanese investors trying for the first time to move the listing of a company from the New York Stock Exchange to the Taiwan Stock Exchange are still hopeful of success despite a setback on Tuesday. The Taiwan
        Bloomberg Business News  -  415 words
    • FINANCE & COMMODITIES
      • Article
        Insurers face greater risks with new social changes
        421 23  -  Reports by Soh Tiang Keng SINGAPORE Insurers now face greater risks of financial insolvency because of new products, intense competition and the growing complexity of the economic environment. This point was driven home yesterday by Minister of State (Finance and Communications) Teo
        421 words
      • Article, Illustration
        Industry must accept lower return on investment
        456 23 SINGAPORE The life insurance industry in Singapore has to grapple with the challenge of a lower return on investment in the future, former Insurance Commissioner Law Song Keng said yesterday. Speaking at the East-Asian Actuarial Conference, Mr Law, managing director and actuary of
        456 words
      • Article
        Lock icon Indian rupee likely to fall 3pc in next 12 months
        283 23 Reuter BOMBAY The Indian rupee is expected to depreciate by around 3 per cent against the dollar in the next 12 months compared to the current annual inflation rate of 8.5 per cent, dealers said. In a poll of 20
        Reuter  -  283 words
      • SMALL CHANGE
        • Article
          Lock icon China Overseas issues convertible bonds
          51 23 Knight-Ridder HONGKONG Locally-listed China Overseas Land and Investment Ltd yesterday announced the issue of USSI2S million (SSI9B million) of seven-year convertible bonds. The subscription period begins on Dec 1 and ends Dec 8. The bonds carry an interest rate of 5.25 per cent payable annually.
          Knight-Ridder  -  51 words
        • Article
          Lock icon NTS Steel to set convertible bond terms
          47 23 Bloomberg Business News LONDON Thailand's NTS Steel Group will set final terms for its USSIOO million (SS 159 million) of 15-year convertible bonds on or about Dec 3, said an official at lead underwriter Robert Fleming International. Bloomberg Business News
          Bloomberg Business News  -  47 words
        • Article
          Lock icon Japanese firm buys 51b yen of bad debts
          57 23 Knight-Ridder TOKYO Cooperative Credit Purchasing Co, established in February by financial institutions to buy bad debts from banks and other institutions, bought 51.4 billion yen (SS77I million) worth of principal of non-performing loans in November, down from 54.1 billion yen the month
          Knight-Ridder  -  57 words
        • Article
          Lock icon Manila awarded BB credit rating
          61 23 Reuter MANILA The Philippines obtained a BB country rating from Japanese Credit Rating Agency Ltd. lower than the 888 it hoped for to be able to tap Japan's samurai bond market. Finance Undersecretary Romeo Bernardo said the Philippines would still try to raise funds from
          Reuter  -  61 words
      • Article
        Yen expected to fall further: global panel
        510 23  -  From Neil Behrmann in LONDON THE acute weakness of the Japanese stock market and economy portends further declines of the yen, forecast an eight-person global panel of foreign exchange managers and economists. The yen, at 108.60 to the US dollar, is near its
        510 words
      • Article
        Metal markets hit by China's austerity campaign
        623 24  -  From Neil Behrmann in LONDON CHINA's austerity drive has finally dented imports of base metals, steel and gold. Yet if reports that the authorities are loosening the credit reins again are correct, commodity imports could rebound in 1994. In the meantime, world metal
        623 words
      • Article
        Australia's Bundaberg Sugar sets up representative office in S'pore
        282 24  -  By Abdul Hadhi SINGAPORE Australia's Bundaberg Sugar Company has set up a representative office in Singapore to tap into the fastgrowing Asian market. Managing director Geoff Mitchell said from Bsisbane yesterday: "South-east Asia has experienced massive development in recent years, particularly
        282 words
      • Article, Illustration
        Lock icon Massive oil reserves found in Falkland Islands
        327 24 AFP LONDON Oil reserves in the remote Falkland Islands are believed to be 50 per cent larger than Britain's reserves in the North Sea, and have a vast potential for development, the Daily Telegraph reported yesterday. The British Geological Survey (BGS), the government's
        AFP  -  327 words
      • Article
        Lock icon Cocoa traders worry over December contracts in Ivory Coast
        333 24 Reuter LONDON Concern over financial problems apparently being experienced by some shippers in the Ivory Coast is beginning to surpass worries over the possible death of the country's ailing president, cocoa traders said. But other dealers said speculative talk about problems
        Reuter  -  333 words
      • Article
        Lock icon Petronas unit to use storage facility in Subic Bay
        464 24 Bernama KUALA LUMPUR Petronas Trading Corp Sdn Bhd (Petco), a subsidiary of Petronas, and Coastal Aruba Refining Co NV, a subsidiary of The Coastal Corporation, yesterday announced the signing of a joint venture agreement to use Coastal's storage terminal in Subic
        Bernama  -  464 words
      • Article
        Lock icon Shanghai Petrochemical may supply Elf Aquitaine with personnel and power
        193 24 Knight-Ridder SHANGHAI The Shanghai Petrochemical Co might provide a proposed joint venture refinery involving France's state-owned oil company Elf Aquitaine with its surplus personnel and power, a Shanghai Petrochemical official said. Company president Wang Jiming said his firm has yet
        Knight-Ridder  -  193 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        135 24 A QUIET day all round yesterday with the market sidelined ahead of the release of US GDP figures. The US dollar traded in very tight ranges against both the S$ and the ringgit in a directionless lethargic market. The USS/SS weathered the previous day's selling,
        135 words
      • Article
        Lock icon London
        197 24 Bloomberg Business News LONDON The dollar ended higher against the deutschemark in Europe yesterday as traders braced for a surprise cut in German interest rates at today's Bundesbank central council meeting. Speculation the Bundesbank may cut the 5.75 per cent discount rate weakened the mark in early trading amid
        Bloomberg Business News  -  197 words
      • Article
        Lock icon New York
        86 24 AFP NEW YORK The dollar nose against the major currencies except the yen in early trading yesterday following news of a lower than expected rise in third-quarter US growth. Around 9:15 am (1415 GMT), the dollar was trading at 1.7180 German marks against 1.7155 on Tuesday, but fell
        AFP  -  86 words
      • Article
        Russian export fears offset higher US stocks
        191 24 Bloomberg ENERGY REPORT LONDON Crude oil futures prices were little changed yesterday as concerns about reduced Russian exports offset a further growth in US stockpiles, brokers said. Severe cold in Russia has increased domestic demand for oil. Russian Energy Minister, Yuri Shafranik said
        191 words
      • Article, Illustration
        Untitled
        1125 24 Trude-weighted index calculated against S'pore's top 14 trading partners Base year 1985 US$/S$ forward rates Noon Dec I SS Bid Ofltr 1-month I.59S6 1.6001 2-momh 1.5982 1.5997 J-motuh 1.5977 1.5992 6-month 1.5966 1.59(6 Sonny OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES JU at 10m nDnI: Singapore dollars to oae naif
        1,125 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends up on Japan rate cut hopes
        1387 25 SMEX REPORT Reuter SINGAPORE Simex key September Euroyen pared this week's sharp gains as profit-taking in reaction to the strength of the stock market depressed prices, dealers said. "It was all to do with the stock market." said one senior dealer with
        Reuter  -  1,387 words
      • Article
        KL tin closes higher on firmer LME
        629 25 COMMODITY REPORTS Till TIN closed eight cents up at M$ 11.70 a kg after a higher London market prompted increased local and European demand. traders said. Turnover rose to 77 tonnes from 40 on Tuesday. Traders said the metal was also aided by
        629 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Thai sugar crushing down
          96 25 BANGKOK Six Thai sugar mills crushed a total of 112.190.72 tonnes of cane during Nov 8-12. down from 129.669.97 tonnes after five days of crushing last year, figures from the Thai Cane and Sugar Corp showed. The average yield was 48.8 kg of "telquel" or mixed
          96 words
        • Article
          S Korea buys wheat bran pellets
          81 25 SEOUL South Korea's National Livestock Cooperatives Federation bought 15.000 tonnes of Sri Lankan wheat bran pellets, a spokesman said. The wheat bran was purchased in two cargoes for April 30 arrival. The federation agreed to pay LuckyGoldstar U5593.80 per tonne C F for the
          81 words
        • Article
          Soymeal prices to Malaysia steady
          87 25 BANGKOK Offer prices for yellow Indian soymeal to Malaysia for Jan-Feb shipment is steady at US$227 to USS23O per tonne, traders in South-east Asia said. Some traders expressed fears of a possible dip as end-users had covered all their needs for December shipment, while most
          87 words
        • Article
          Aussie bank November index rises
          71 25 SYDNEY The Reserve Bank of Australia said yesterday its commodity price index for November rose 0.9 per cent, measured in terms of world market prices. Rises in the prices of wool, gold and wheat were partly offset by falls in the prices ol beef and
          71 words
    • Article
      COMMODITY PRICES
      1634 25 Rubber MS CiawOty Eiduafi (Mm da* lag as at I pa) KSS 1 C—tract (S cents/kg) CI cue Volume Open Month High Low Sett (tonnes) Interest Dec 93 OOO OOO 129 75 0 0 Jan 94 131.00 130.30 132.50 475 2.67S Feb 131.00 131.00 132.30 30 3.425 Mar
      1,634 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1191 26 A WEAK mining sector and mixed performances from blue-chip stocks pushed the Australian share market to a slightly lower close in quiet trade. "Nothing seems to have captured the interest of investors today." said a broker yesterday. The All Ordinaries Index Closed four points down at 2.005.4. The key
        1,191 words
      • Article
        Manila
        568 26 -8.53 SHARE prices closed slightly on profit-taking aimed mostly at second-line issues, brokers said. The composite index at the Manila exchange slid 8.53 points or 0.36 per cent to settle at 2.323.76. while the composite at the rival Makati exchange fell 2.75 points or O.M per cent to settle
        568 words
      • Article
        New Zealand
        290 26 18.9 Tilt share market closed firm after a heavy day's trading in the leading stocks and strong overseas buying and selling interest. The NZSt lop 40 index closed up 18.9 points at 2.040.53. but brokers pointed to a confused domestic and international scene. Domestically, the political situation remains
        290 words
      • Article
        Taipei
        582 26 114.44 SKX'KS surged 2.6 per cent, led by the Formosa Plastics group, which soared after the group said on Tuesday that major construction work on its USS9 billion petrochemical complex would start early next year. The weighted index ended 114.44 points up at 4.468.34. its highest close since 4.495.39
        582 words
      • Article
        Seoul
        413 26 -2.31 ACROSS-the-board selling dragged the stock market lower despite institutional support focused on expensive blue-chip manufacturing shares, brokers said. The composite stock index lost 2.31 points to 808.75. Brokers said underlying market sentiment remained positive, aided by improved economic fundamentals. Of the prominent blue-chips, both Posco and Samsung Hlcctronics
        413 words
      • Article
        Bombay
        62 26 59.71 SHARE priccs rose further in kerb deals on sustained buying by local investors anticipating an increased demand from foreign buyers, brokers said. During the official trading session, stock prices rose despite a ban on forward sales in 10 volatile shares. The Bombay Stock Exchange 30-share index closed at
        62 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        774 26 Britannia Funds Sterling (nh Bid (Mfcr Mim Cap Depio.il Mill >SW Mim OI891 0 1*0 Mini Mj\ InnioK I 0«i» I I KM) ISSCash Income Plirs f und 10.***) 11 I100 PSSRewefund <22(JO 5 2*»> Merlins l-quit> Furo Ptf-rtormaiHT 0 4«4W far laM f und *1 *1W Man Portfolio I
        774 words
      • Article
        London
        670 26 +66.9 UK stocks surged to close at an all-time high after Chancellor of the Exchequer Kenneth Clarke's budget yesterday signalled a tightening of fiscal policy, increasing the likelihood of an imminent cut in interest rates. The ETSE 100 shot through its previous record intraday high of 3200.6 to close
        670 words
      • Article
        Stockholm
        153 26 2.85pc Shares ended the dav sharply higher on a Volvo rally and strong foreign bourses. Volvo's B share jumped 30 crowns to 444 in trade worth 256 million crowns. "Volvo is unbelievably exciting." a dealer said who did not think it unlikely that state-owned pension lund. 4th AP Fund,
        153 words
      • Article
        Frankfurt
        209 26 +32.1 Shares are likely to hit record highs by the year-end. and any negative reaction to a possible Bundesbank move to hold rates steady today would be short-lived, dealers said yesterday. The DAX index finished up 32.10 points at 2,089.87 yesterday, its high of the day. Ihe market was
        209 words
      • Article
        Brussels
        144 26 13.14 Belgian stocks rose on opti- mism Belgian interest rates will fall and the surge in Europe's largest stock market. the London Stock Exchange. analysts said. The Bel-20 index rose 13.14 points, or by 0.95 per cent, to close at 1.401.82. All other European markets rose too. with London's
        144 words
      • Article
        Amsterdam
        238 26 1.49 A host of factors helped Dutch shares to close with a 1.22 per cent gain in the index and dealers said prices could continue their advance today. "If Wall Street closes with fair gains you might have to jump in early and buy again tomorrow." said one dealer.
        238 words
      • Article
        Milan
        120 26 +0.44pc Stocks were lifted by the strength of other European bourses but the rally lacked conviction with investors unnerved by the political uncertainty. Fiat and Olivetti led the advance with the former benefitting from some buy recommendations from brokerages in London and Milan. brokers said. 1 he Mibtcl index
        120 words
      • Article
        Zurich
        240 26 21.3 Swiss shares rallied on the back of lowcr-thail-expected Swiss November inflation and good third-quarter (.DP data. I'ucsday's US economic data added to the good market sentiment as many major stocks, such as Nestle and C'iba-Cieigy. earn substantial shares of their revenue in the US. Ihe broad SI'I put
        240 words
      • Article
        Johannesburg
        303 26 52 Shares ended substantially better after world equity markets turned higher and demand appeared after recent lethargy. Gold shares found support despite an indifferent bullion price. Dealers said the sector had bounced from lows reached in the previous two trading days. The gold index gained 31 points to 1.857.
        303 words
      • Article
        Toronto
        281 26 4-21.16 Stocks gained in early trade yesterday and were expected to post a firm session as precious metals forge ahead on a spike in gold prices, dealers said. The gold and silver index jumped 175.30 points, or 1.75 per cent, to 10.181.16. The TSE 300 composite index rose 21.16
        281 words
      • Article
        New York
        846 26 15.93 The Dow Jones industrial average was ahead 15.93 points to 3.699.X8 at 11 am LSI yesterday. The New York Stock Exchange composite index was ahead 1.08 to 255.87. while Standard Poor's 500-stock index was up 2.00 to 463.79. Advances pounded declines 1.134-588 among the 2.410 issues crossing
        846 words
    • Article, Illustration
      Lock icon HONGKONG
      3136 27 Reuter HONGKONG Shares finished sharply higher. bno>ed by a late surge in index futures, brokers said. But they cautioned that there was no change in in\estor caution over lingering Sino-British friction o\er Hongkong. The blue chip Hang Seng Index climbed 128.92 points, or 1.4 percent. to close at 9.254.03.
      Reuter; Source: Bridge Info  -  3,136 words
    • Article, Illustration
      CHINA
      437 27 THE turnover in both Shanghai and Shenzhen markets maintained the level of Tuesday. Shanghai B Index rebounded 25.47 to close at 931.81. Chlor Alkali and Phoenix Bicycle gained 8.7 per cent and 6.6 per cent respectively after the plunge from their month high of November. In Shenzhen, the index
      437 words
    • Article, Illustration
      Lock icon TOKYO
      2492 27 Reuter TOKYO Tokyo stocks closed sharplv higher with the Nikkei up 718.77 points to 17.125.31 as the market welcomed a general change in the tone of ministers' comments on economic policy since Tuesday, brokers said. "Prime Minister Morihiro Hosokawa's remarks convinced the market that the government will try harder
      Reuter; Source: Bridge Info  -  2,492 words
    • Article, Illustration
      Lock icon BANGKOK
      1851 27 Reuter BANGKOK Thai investors. cheered by recoveries in the Tokyo and Hongkong markets, bought finance, brokerage. banking and property shares yesterday amid increased turnover, brokers said. The SET index rose 31.39 points, or 2.4 per cent, to finish at its day's high of 1.341.34 on turnover ol 13.15 billion
      Reuter; Source: Bridge Info  -  1,851 words
    • Article, Illustration
      Lock icon JAKARTA
      1139 27 Reuter JAKARTA Share prices closed lower on profit-taking and bearish sentiment in slow trading >esterday. dealers said. The olTicial index ended 0.92 points lower at 517.86. "The market is weak and. fundamentally, there is not much news to hang on to. But local players were seen to speculate on
      Reuter; Source: Bridge Info  -  1,139 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2836 28 Source: Bridge Info Source: Bridge Info Gr Gr 1993 (jut Vol Day Last OMt Di» Di« YM Net Nl Cap High Lt. ompanv Sale (TOO) High Im Buyer Seller CV P/E tail MALAYSIAN STOCKS 205 102 AISB 30c 190 cd +20 I 190 190 170 188 5 0
      Source: Bridge Info  -  2,836 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rally to close broadly higher
        5806 28 Bernama KUALA LUMPUR Share prices here rallied to close broadly higher in hectic trading yesterday. The bulls charged at the local bourse from the outset amid firm overseas sentiment, dealers said. Intermittent profit-taking was well absorbed by continued buying, spurred by a rally in
        Bernama; Source: Bridge Info  -  5,806 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7205 29 V J niak^cigri Gf Gr 1993 Last Vol Day Uft Qmott Dir HiVM Net M Cap High Low Company Sale C000) High Low B«y*r Seller OT P/E tail INDUSTRIAL AND COMMERCIAL 1380 240 t Acma 1230 30 139 1230 1200 1220 1230 12.5 2.1 1.0 53.2 847 8 300 220
        7,205 words
      • Article, Illustration
        Lock icon Stronger overseas markets boost STII
        1787 30  -  By R Sivanithy SINGAPORE Buyers hit the market yesterday, encouraged by a strong recovery in the Japanese market, a firm performance in the US and a lifting of trading restrictions by almost all broking firms. The Straits Times Industrials Index rose steadily throughout the day,
        Source: Bridge Info  -  1,787 words
      • Article, Illustration
        Lock icon SPK Sentosa Corporation
        155 30  -  x vJHOT STOCtf By Paul Leo SPK Sentosa Corporation met resistance at $3.66 yesterday to end at an all-time high of $4.18. The 64-cent surge was accompanied by good volume, suggesting the upmove could last a few more days. Volume was 268.000 compared with the 10-day average
        Source: Bridgeinfo  -  155 words
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      1579 20 LUM CHANG HOLDINGS LIMITED II (Incorporated In the Republic of Singapore) >• I ANNOUNCEMENT I (1) PAYMENT OF PRINCIPAL SUM OF $34,511,000 6-V2 PER CENT. UNSECURED LOAN 19 STOCK 1988/1993 ("LOAN STOCK") I Notice la hereby given that the Loan Stock will be redeemed on December 19,1993 bv il the
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      6 20 Dividends table has been held over
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      137 21 First mobile cellular phone and fax with pen-based computing: the AT&T EO 440 Personal Communicator. 1993 First to send color i ma B es iWI H ||||[|^y||||j[!i^^^^^[ /sTILL-IMAGE PHONE and voice, over ordinary phone lines: AI&T Picasso Still-Image Phone. |¥fe 111 [iiriKllTlTllk^^^l 1992 First PBX |fij|gH to use RISC technology:
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      309 23 In the matter of Tha Companies Act, Cap. 50 And In the matter of Amaiil Catering Pte Ltd STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABIUTY TO CONTINUE BUSINESS BY REASON OF fTS LIABILITIES 1. Robin Hoddto Nederkoom of 39 Pa* Penjeng Hi, Singapore 0611 make oath and say as tolows:1.1
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      306 23 In the matter of The Companies Act, Cap. 50 And In the matter of Nedco Chartering Pte Ltd STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF fTS UABILmES 1. Robin Hodde Nederkoorn of 39 Paair Paring HI, Singapore 0611 make oath and say aa tolows:1.1
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      312 23 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 In the matter of The Companies Act, Cap. 50 And In the matter of Fairfield Shipmanagement Pte Ltd STATUTORY DECLARATION BY EC TORS OF COMPANY S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS UABILmES 1. Robin Hodde Nederkoorn of 39 Paair Paring
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      300 23 In the matter of The Companies Act, Cap. 50 And In tha matter of CPN Tankers Pta Ltd STATUTORY DECLARATION BY ORECTORS OF COMPANY'S fiAacrrY TO CONTINUE BUSNESS BY REASON OF fTS UAacmES 1. Robin Hoddte tlederiiocirn of 38 Paar Panjang Hi. Singapore 0611 make oeth and aay aa toaows--1.1
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      305 23 In tha matter of Tha Companies Act, Cap. 50 And In tha matter of AJN Investments Pte Ltd STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S MABLTTY TO OONTMUE BUSMESS BY REASON OF fTS UABaJTCS 1 I I n iii->a hi lO 1. HOOCi MOOO* N#O6TKOOm 01 Peer Paniang Hi. Sngapore 0611
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      509 23 IN THE MATTER OF THE COMPANIES ACT. CHATTER 58 AND IN THE MATTER OF CPN TANKERS PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, parsaaat to Scctioa 296 of the Companies Act. Cap. 50, thai the Mectiag of Creditor* of Ike aboveaaoaed Company will he held at 9
      509 words
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      62 words
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      145 27 With TEIEKURS your daily fund processing begms when the market closes wherever the market t whatever the f ime zone The wat for'ate Drice'eeds >s e'iminated Newspaper and regulatory ■M- decd'tnes are easily met m T ELEKLRS suppe's all your va'uc.t cn pr>c "g ana corcorate announcement requirements wtn a
      145 words
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      103 30 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. SPOTLIGHTS: IPC CORP. MNOPAORC HOLDINGS I From that, you'll I have a clear view of the
      103 words
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      Page 30 Advertisements Column 2
      533 30 BROKER? STOCK PICKS (Incorporated in the Republic of Singapore) ANNOUNCEMENT I The Board of Directors is pleased to announce the following unaudited results of the Group's operations for the six months ended 30th September 1993: THE GROUP 1993 1992 or $*000 $'000 TURNOVER 131,936 104,419 26.4 OPERATING PROFIT 31,011 23,701
      533 words
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  • Shipping Times
    • Article
      TWRA revises fuel, currency, terminal handling fees
      443 31  -  By Juliette Walker SINGAPORL Member carriers of the Transpacific Westbound Rate Agreement (TWRA) will adjust their fuel, currency and terminal handling surcharges from Jan 1. The nine TWRA lines, including Singapore's Neptune Orient Lines, will cut fuel adjustment factors for all USAsia routes
      443 words
    • Article, Illustration
      Lock icon Floating museum
      60 31 AFP MALACCA Two children admiring the \IS2-million (551.25 million) replica of a 16th century Portuguese ship NAU. Workers took more than a >ear to build the 20-metre ship. Its flagpole rises 30 metres. The structure is to be used as a maritime museum in historically rich Malacca which
      AFP  -  60 words
    • Article
      Lock icon New findings on Exxon Valdez oil spill
      260 31 Reuter NEW YORK A geochemist working independently of Exxon Corp has found information that eould complicate billions of dollars in elaims stemming from the Exxon Valdez oil spill of 1989. A new analysis of oil from the site of the spill provides unexpected
      Reuter  -  260 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      852 31 Page Col ABC Containcrline 12 I Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 •APL 5 3-5 Appenship 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 5 Barbican Line 4
      852 words
    • Article
      Lock icon Russia plans to renew ageing merchant fleet
      442 31 Knight-Ridder MOSCOW Russia plans to build 589 new cargo vessels for its merchant fleet by the year 2000 under the so-called Renewal Programme for the Russian Merchant Fleet, recently approved by the government. The figure amounts to over 78 per cent of the
      Knight-Ridder  -  442 words
    • Article
      Lock icon Chinese Navy preying on ships: bureau
      392 31 AP :SYDNEY Crews of Chinese patrol boats stop merchant ships, board them and sometimes demand payoffs from the ■owners, the International Maritime Bureau reports. Ol 29 such incidents during the first eight months of 1993 in the waters oft' Hongkong, "at least 75 per
      AP  -  392 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        551 32 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurone Port 2iwb po; o? i? 1830 0312 0/00 Amity 58 X alongside 02.12/1930 Ark Carrier 22A P088 01 12,1400 04 12 0500 Batam Bahagta 11/07/93 11 alongside 0212/2200 Batam Speed4 ****** P01A 0112 2000
        551 words
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        CONTAINER SCHEDULES
        1662 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsJts Ship Voy No Etb/Btr Period From To From Ac. Daisy 046B 03/2000 1 01/1500 01/1659 01/1900 2 01/1700 02/0659 02/0900 3 02/0700 02/1159 02/1400 4 02/1200 02/1459 02/1700 Act
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    • Article
      THE SHIPPING GUIDE
      10708 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      10,708 words
    • Article
      SHIPPING AGENTS
      3318 45 A xllB( C ontainerline NV: Belsin Shpg Agencies Pte Ltd (Sy Marine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Vhrenkiel liner Service: Kim Shpg Trdg(S). Vlbatros Sea-Air Service: Frata Shpg Pte
      3,318 words
    • Article
      COURIER SERVICES
      275 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express I ravel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Sen
      275 words
    • Article
      AIR FORWARDERS
      1476 45 Abex F.xpress Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833 Fax: *****42. Activair Singapore Tel: 542-782T Fax: *****20 Xerolink Freight International Tel 545-8033 Fax *****05 Aermpced Tel: 542-5911. Fax: *****18 Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel 542-7666 Fax: *****74. *****50. Air
      1,476 words
    • Article
      PORT CONDITIONS
      2402 46 ALBANIA Duress: Four vessels in port, all discharging, of which I bagged flour. 1 bulk wheat, 1 general cargo, 1 bagged sugar. 1 vessel in roads waiting to load chrome. ANGOLA I.uanda: City normal, refinery repairs continue. Some fuel imports but no reports of shortages of fuel. Spanish
      2,402 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1097 46 SHIP SALES TANKER RATES AFP IN LINE with recent weeks, interest has been more noticeable in the tanker sector, although modern products tankers, rather than modern aframaxes have provided the lead feature, mainly as there are so few of the latter seriously available for sale. Meanwhile the major movement in
      AFP  -  1,097 words
    • Article
      AIR FREIGHT SCHEDULE
      553 46 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Tjpe EID T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK S1A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
      553 words
    • Article
      CRUISE & FERRY SCHEDULES
      689 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No DECEMBER 03 03 Renaissance I 1000 1900 Sin Port Klang Lines Int'l Holdings 224-2763 03 03 Coral Pnnccss 1330 2000 Cruise to Nowhere Scmjom Agencics 227-8284 03 03 Leisure World 1300
      689 words
    • Article
      DAILY FREIGHTS
      1039 47 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,253 on Tuesday from 1,259 on Nov 29. Trading remained slow in most sectors of the freight market, brokers said. On the key US grain route, Louis Dreyfus fixed the 1976built Anemos for a Dec 8-18,
      1,039 words
    • Article
      TRANSPORT DIARY
      103 47 COURSES Title: Transport Disciple Duration: December Organiser The Chartered Institute of Transport Tel: For more information contact CIT Secretariat at 226-3433 or fax: 226-2477. Title: International Freight Forwarding (SDF 70%) Duration: Jan 20 Apr 7 Organiser: Singapore Freight Forwarders Association Tel: For more information contact SFFA Secretariat at
      103 words
    • Article
      COCKETT BUNKER MARKET REPORT
      860 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      860 words
    • Article, Illustration
      Lock icon There's gold in implementing GMDSS
      798 48 Manufacturers are rubbing their hands in glee at the prospect of equipping ships to comply with the Global Maritime Distress and Safety System Seatrade Review THE Global Maritime Distress and Safety System (GMDSS) is now nearing the end of year two of its seven-year phased
      Seatrade Review  -  798 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon S Korean chaebols rush to enter high-flying trade
        575 50 Reuter SEOUL Five of South Korea's mighty conglomerates or chaebols are tripping over each other to gain a ground-floor entry into a new and risky industry for this East Asian country passenger aircraft. In March, the government unveiled plans to propel the
        Reuter  -  575 words
      • Article, Illustration
        Lock icon On the wings of solar power
        78 50 Reuter EDWARDS AIR FORCE BASE, California The solar-powered Pathfinder flying over Edwards Air Base during a test flight on Oct 20. The unmanned vehicle has a wingspan of 30 metres and is powered by eight motor-driven propellors that receive their power from an array
        Reuter  -  78 words
      • Article
        Lock icon Light trucks expected to make up 46pc of US vehicle output
        231 50 AP DETROIT First-quarter production estimates from US car makers show light trucks will account for 46 per cent of the vehicles built, the newest evidence that minivans, pickups and sport utility vehicles will remain the car industry's hot sellers.
        AP  -  231 words
      • Article
        Lock icon Keen interest from West in Indian air show
        451 50 AFP NEW DtLHI India hosts South Asia's first air show this month as the race heats up for a slice of the lucrative and expanding aviation sector in the region, sponsors say. Twenty-two countries and 130 aircraft companies have confirmed their participation
        AFP  -  451 words
      • LOG BOOK
        • Article
          No smoking on SIA's Aussie route
          81 50 SINGAPORE Singapore Airlines has banned smoking on its flights between Singapore and Australia. The ban, which took effect yesterday, made SIA the first carrier to provide travellers a smoke-tree service on the "Kangaroo Route". The route links Australia to the UK via Singapore. SIA
          81 words
        • Article
          Lock icon KTM appoints UK adviser for project
          71 50 MBT KUALA LUMPUR Malaysian national railway KTM Bhd has appointed Beard Dove, a British engineering consultancy firm, as its adviser on a proposed Ms2-billion (551.25 billion) terminal complex. The contract to build the complex will be awarded next year. KTM managing director Abdul Rahim
          MBT  -  71 words
        • Article
          Lock icon GM unit wins navy missile deal
          78 50 Bloomberg Business News WASHINGTON General Motors Corp's Hughes Missile Systems unit, based in Canoga Park. California, received a US$l3.4 million (5521.4 million) Navy contract for support of the Advanced Medium Range Air to Air Missile (AMRAAM), the Pentagon said on Tuesday. By February 19%.
          Bloomberg Business News  -  78 words
        • Article
          Lock icon TWA to lay off 137 mechanics
          79 50 Bloomberg Business News KANSAS CITY Trans World Airlines Inc (TWA) will lay oflf 137 mechanics at its overhaul base on Jan 3as Hawaiian Airlines replaces Lockheed L-101 Is with planes that TWA is not licensed to service. Hawaiian, a unit of HAL Inc. is
          Bloomberg Business News  -  79 words
        • Article
          Lock icon Airline traffic up 7pc
          125 50 Reuter GENEVA Airline traffic including passengers, freight and mail has grown by 7 per cent in the first 10 months of 1993, according to the International Air Transport Association (lata), lata also said total traffic increased faster than capacity in October, for the fourth straight month.
          Reuter  -  125 words
      • Article
        Lock icon Daimler, Mitsubishi in joint ventures
        427 50 AP BERLIN Top managers of Daimler-Benz and Mitsubishi ended their annual meeting on Tuesday by announcing some modest joint ventures, including a 100-million mark (5593.5 million) project recycling junked motor vehicles. Other cooperative efforts announced included a letter of intent to build one-ton Mitsubishi L-200
        AP  -  427 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1397 50 Oft FUtM ETA Fight ETP Abu PtoM GA985 1420 Adelaide QF81 1930 QF82 2050 SQ228 2035 SQ25 0635 Amsterdam GA975 1140 KL838 2320 KL837 1540 SQ323 1815 SQ26 2359 Auckland NZ21 1710 BA11 1455 SQ288 2030 SQ286 2035 SQ288 2045 B Serf Begawan BI421 1105 SQ182
        1,397 words
      • Article
        Lock icon Air France claims majority support in rift over EU reform
        448 50 FT BRUSSELS France on Tuesday said it had won majority support in the European Union (EU) for its efforts to blunt airline deregulation in order to bail out financially stricken flag carriers, but others at the Brussels meeting of transport
        FT  -  448 words
  • Page 31 Advertisements
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      1 31 Lubricant
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      Page 31 Advertisements Column 2
      24 31 Lines and services represented *-r i Members ef the Registry ef Accredited Singapore National Ship- x&jjffif For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      24 words
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      Page 31 Advertisements Column 3
      634 31 the FAMOUS zmk/psmk ■SMiIIJU 224 1833 For more information please refer to Pg. 13 There's gold in implementing GMDSS, Page 18 Seoul aims to set up aerospace industry, Back Page SingaPort '94 I INTERNATIONAL MARITIME EXHIBITION CONFERENCE I 22 25 March 1994 World Trade Centre Singapore I SingaPort Asia's number
      634 words
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      427 32 TSKLJNE AGENCIES (S) PTE. LTD. I 1 "W Tel: 226-3363 JL #3# JY» LliMi Fax:226-*****3 -*7 w Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I ACX PAST 0466 *'29.11 "01.12 30 11 03.1? 07.12 OSLI2 14.12 1412 1512 16 12 PACfIC ARROW 0188 01.12 *03.12 03.12 07.12
      427 words
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      Page 32 Advertisements Column 2
      1489 32 CALIFORMA SATURN 61 891? 25 12 7812 OMIT I 301? 2112 2812 I 2912 2912 11 CALfOWA KNUS *75 541 612 20 12 124 12 27 12 2* 12 30 12 31 12 U 2 1 27 12 3012 I CAIIfORNIA AjPITER 69 *****2 11 QMT 61 71 41 41
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      Page 33 Advertisements Column 1
      2231 33 SH,PP,NG AGENC ES {t?^G S^L A ?^7^^^:75«534 2 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T 1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 ,p OH TEL *****3/4 F«(. *****6 CFS (PSA F5) TEL: *****21/ *****79 TCL. *****2/3 FAX *****4 (OPNS) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL 07-*****0 FAX 07-*****9
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      Page 33 Advertisements Column 2
      2000 33 ■UimHHWI* U. S. A. /CANADA NEXT AVAILABLE SAILINGS ALVA MAERSK V.9316 ETA SIN 6TH DECEMBER 1993 MAREN MAERSK V.9402 ETA SIN 7TH DECEMBER 1993 ANNA MAERSK V.9318 ETA SIN 9TH DECEMBER 1993 v*ss«< Voy ETA ETD Feeder t>» 5 L ufe JtT" destinations Th.» MAREN MAERSK v#4o2 fc Mi B
      2,000 words
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      Page 34 Advertisements Column 1
      1634 34 AQABA R OAM/1 [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H'BURQ A'WERP HAVRE WEST MALAYSIA ESSEN EXPRESS 03/347 4/12 13/12 19/12 22/12 25/12 28/12 31/12 Kelang. Penang ELBE 19/148 8/12 27/12 30/12 28/12 Paair Gudang HANNOVER EXPRESS 17/346 11/12 20/12 27/12 29/12 2/1 4/1
      1,634 words
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      Page 34 Advertisements Column 2
      600 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aM services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea e Vietnam Mongolia Hungary CSFR Poland oci®rrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel VTA SM CGM KORRIGAN V.2433 7/12
      600 words
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      Page 34 Advertisements Column 3
      1113 34 I norasTA 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 I NORASIA SUSAN 9347-3 09/12 29/12 01/01 02/01 02/01 03/01 04/01 05/01 06/01 07/01 I I NORASIA SMGA 9348-3 16/12 05/01 08/01 09/01 09/01 10/01 11/01 12/01 13/01 14/01 I NORASIA SHARJAH 9349
      1,113 words
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      2124 35 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line gPEB (A SERVICE OF CHINA NAVIGATION CO) CARGO 001 S«S STRAITS PRIOt ¥24C KK. Skin. Taw In Pt 03 Die FCL, LCt CONTAINER AND BREAK SULK SERVICE TO
      2,124 words
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      Page 35 Advertisements Column 2
      2692 35 SINGAPORE AGENT: PXtI 1 /\tlf OlrlAt*C PSO Containers (Singapore Agencies) Pte Ltd A VJvllldlllvX 1 0 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Te,; 225 2233 Tetex R S ***** PNOCSP Fax: 225 5327/222 7517 r if CR Number: **********0Z EXPORT IMPORT »a 1 VESSEL VO* 'PNG *PKG SM
      2,692 words
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      544 36 If m GENERAL AGENT C R NO *****81 ***** i|K EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAN TRADE PAGER HANDPHONE/OWECT willum wee mesa MAMOJ MM no cm HHWH CITY HENRY HOE 21*0*24 ZmMMUBM KELVIN CHAN UMKS MMfl— ►TO MYANMAR/YANGON K SEMI CONTAINER SERVICE
      544 words
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      Page 36 Advertisements Column 2
      1577 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FOR VSI SM IME HAUL SEA TVR POX Ft* KL SM IIK HAUL SAV AM NYC HANJIN ELIZABETH 010 C 3/12 DWCT 23/12 24/12 25/12 HAW* ELIZABETH 0106 3/12 H. NEWYORK 052E t/1 7/1 9/1 HANJM
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      Page 36 Advertisements Column 3
      1496 36 i j Ipu scp kss «c ut pus m i» w w m ui h u wrc lhv w n w at m ssp I E GENTRY K 047 MilM PI »/U 1/12 10/12 U/12 14/12 16/12 17/12 U/12 11/12 30/12 12/1 14/1 15/1 25/1 20/1 27/1 2«/ l 21
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      2549 37 'HUMBER BRIDGE 32W ETA SGP 04/12/93 II II II ETA RDM 20/12/93, FLX 21/12/93, II II II BRE 23/12/93, LEH 25/12/93 It II f II 'HI Connecting Neptune Cyprlne 05E In HK6 08/01/ M I Connecting Cetttornta Saturn 821 in HK6 B/0V94 HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX)
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      Page 37 Advertisements Column 2
      1173 37 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 BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 a MARINE INSURANCE: INVENTORY: *****59 C I IV| Vn\/ AGENTS: KL: 03-*****75/697 PKLG: *****43/
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      Page 38 Advertisements Column 1
      1809 38 K44 v AS AGENTS LINE (SIN6APORE) PTI LTD (CM No: G*****0000M) TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7/8/9 I W T li 1 MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL JKT *****08 r
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      Page 38 Advertisements Column 2
      728 38 PHIU-ORIENT LINGS PTE LTP r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION gygg AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 4 DEC SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 9 DEC AUCKLAND. WELLINGTON, LYTTLETON, NEW PLYMOUTH, NAPIER, CHRISTCHURCH 4
      728 words
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      Page 38 Advertisements Column 3
      307 38 I. I golden line A WCGfcV GUAN GUAN SHIPPING V\NsX\ (PTE) LTD w 23. TtM Street SMGAPOK 01M TU 534 MM (10 LKS) fa *****04 (OH He 1012J*****0N) STRAITS/PERSIAN CULT SEKTICE S pore P Ketang Penang golden hmksi Much. out* 4/6 i* nwa «»C£ Ranch Dub# 12/14 Dec CHINA SERVICE
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      Page 39 Advertisements Column 1
      950 39 PACIFIC INTERNATIONAL LINES (PTE) LTD^ 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I MM flf CP NO **********0E I VESSEL VOY SIN CMS JIB JED AQJ AOE HOD PZU ASA KOTA WIRAWAN WRNO3S 18/12 23/12 29/12 1/1 3/1 31/12 1/1 4/1 KOTA WIJAYA WJAO3S 2S/12 30/12 6/1 9/1 11/1
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      Page 39 Advertisements Column 2
      1137 39 VtSStIS VOT SPOW HAMBURG HOTTUBHW AHTWCRP iHAMM II HARVI MID IWIStIUS 9131W 03/1? »/l? M/ 12 29/12 *>12 01/01 HA USA CARRtR ***** 17/1? 31/1? 02/01 03/01 04/01 o*/01 WUC Dt SOUS >***** 14/1? 00/01 10/11 11/01 1?/01 U/01 UIIAS MACFDOfIA 9431W II 01 ?0/01 21/01 22/01 ?*/°> 1 •AISO
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      Page 39 Advertisements Column 3
      411 39 BSfl it. MA MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PATHEIN VI26W 04/06 0«c PAGAN V2O3W 0«/12 D«t MEJtGU *121* 14/16 Ok *»A AN VI9SW 23/26 D«c MALATSIA AGENTS 00USTEAD SHTPMG AGENCES KUL TEL 0} *****00 PW: TEI 03 *****67 PEN:
      411 words
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      Page 42 Advertisements Column 1
      1865 42 Full Container Liner Services General Agents: Booking Agents: Cuan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd stmtmg Fretgtil Booking Centre Sdn Bhd 58 Fenian* Ka/a Mod* Mum Lot 3.34, 3rd Floor, 11. IK. M. Juanda 111 23 D C
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      Page 42 Advertisements Column 2
      181 42 SHINYEI SHIPPING (S) PTE LTD 10 ANSON ROAD #15-01/02 INTERNATIONAL PLAZA SINGAPORE 0207 CR NO: **********0N HOT LINE: 2275*38 (8 LINES) EUROPE ROTTERDAM, HAMBURG FELIXSTOWE 4/12 LEHAVRE/ANTWERP MEDITERRANEAN BARCELONA, MARSEILLE, GENOA 14/12 USA LOS ANGELES, NEW YORK 5/12 *ALL IPI DESTINATIONS. NATIONAL EXPRESS J FORWARDERS (S) PTE LTD 133 NEW
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      Page 42 Advertisements Column 3
      43 42 f I <£» f I EAST MALAYSIA SHIPPING ENT. (PTE) LTD 41 A AMOY STREET. STORE 0106 TEL: *****11 (4 IMS) FAX NO *****6? SINGAPORE TO SARAWAK A BRUNEI VESSEL VOV ETA ETO SRI LIKU 24/93 MWI/K BEL AIT 7/12 8/12 CR WO. **********QM
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      Page 42 Advertisements Column 4
      536 42 IVtSSL WOT JAKARTA SPOHf BANGKOK MANIAGUAM SUP AM FORTUNE ACC 2 NOV 29 DEC DEC 9 DEC lb DEC 17 FORTIME ACE 3 DEC 26 OCC 30 lAN t lAN 11 lAN 13 I (REEFER CONTAMER AVAR.ABIE) I VESSEL VOT ETA STORE GUAM (T/S) MOTtCR VESSEI GUAM PONAPE KOSRAE MAIURO
      536 words
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      Page 43 Advertisements Column 1
      604 43 lit FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 6/12 ROTTERDAM 6/12 AARHUS/COPENHAGEN 6/12 HAMBURG/BREMEN 6/12 MARSEILLE/FRANCE 3/12 FELIXSTOWE/UK 6/12 BARCELONA/SPAIN 9/12 LEHAVRE/ERANCE 6/12 GENOA/ITALY 3/12 ANTWERP/BELGIUM 6/12 LOS ANGELES/WC/IPI 5/12 SYDNEY/MELBOURNE 4/12 NEW YORK/EC 3/12 FREMANTLE/ADELAIDE 3/12 VANCOUVER 3/12 BRISBANE
      604 words
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      Page 43 Advertisements Column 2
      1038 43 WBMMBMnMMBEBt j f 'g CHIYA 6HUM 2»S FH I y*g" Tw I 7/1J DEJAVMUM am F TVtt I toaT^T^^B* M VESSEL VOY SIN UK BHATRA BHUM 06S 5.1 4/12 W«S «/12 I H KjAWBHUM 101M Fn 3/l£ Moo 1 0/12J lj WAHA BMUM 20SS W*d 0/12 S.t 11/12 8 M?
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      Page 43 Advertisements Column 3
      621 43 Guaranteed Sailings to: BANGKOK LAEM CHABANG JAKARTA PORT KELANG ij •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports-. USA, EUROPE, CHINA AND ALL DESTINATIONS b V- D l PONGNAMA LINE I —MWWIIBIWWCTjMfIfIjTi/ILW/WC/MIl KSSEL SP6 W N BSN OIC «aw V3OCN J/12 11/12 12/12 U/12 24/12
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      1934 44 pkABMN CONTAINER LINES I -K~/\"| A 9 MAC-NELB SPORE: *****22 (24 LINES) C/H Nde **********0E SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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      Page 44 Advertisements Column 2
      950 44 IT THONG SOON UNES PTE LTD I /YA 7 SHENTON WAY #10-01. SINGAPORE 0207 I I \y \y TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY [SPOKE IPEST VESSEL IvOY IsPOffE IDEST EQUATOR JADE 97/3E 04 DEC
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  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      76 47 |l -i pie Executive Housekeeper -this IxfeTVT** O I wants is me. But I'll never negtec-fc I Any Job. Any Career. EYE ON THE Available Any Day. TI^CDC Any Time. Anywhere. I IVltlw Nobody covers East Asia like we do. The straits Times The Sunday Times Business Times The new
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      717 47 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 23 2.5 2.5 23 1.9 1.5 1.2 1.1 1.3 1.6 22 2.8 3.2 32 3.0 2.5 1.8 12 0.8 0.6
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      676 48 _B_ VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACriC 32N8 03/12/93 11/12 93 VIGOUR PACIFIC 32ANB 06 12 93 11/12/93 10AWNG EVERY VIGOUR SINGAPORE 68NB 10 1? 93 18/12/93 FRDAY MOf Y ,lcaa """tow Kuuife/pfewAiki cONtAi'Nift6Ertvi6e VESSEL VOYAGE SINGAPORE PORT KLANC PENANG SWCAPORE VIGOUR PACriC 32N8 03/12 9_3 04/12/93
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      Page 48 Advertisements Column 2
      345 48 @APPENSHIP /3\ HAMBURG U\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAONG PORTS DISCHARGE LOADING FOR SEAKITTIE HAMBURG 01.11.93 SPORE 06/12 BKK 11/12 VASNJY KOVAL PORT SAID 19.1193 SPORE 13/12 BKK 18/12 FORUM AKASAKA ANTWERP 05.11.93 SPORE 14/12 KOALA CONTAINER LINE SPOKE FIX
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      Page 48 Advertisements Column 3
      403 48 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 28/11 Rotterdam/Antwerp CHWiA CON VENTtON AL SERVICE VESSEL PKL PNG P.G LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI
      403 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      913 49 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PWA I PKE I P€o I VESSELS VOY ISW I HTM MIT* LEW* HAM Btt| F£L HMM ADVANCE 32A 01/12 02/12 03/12 H. PIONEER 306W 06/12 29/12 30/12 01/01 25/12 25/12 21/12 NORASIA MALACCA 9334 A OS/12
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      Page 49 Advertisements Column 2
      462 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ffSSU 191 V n IK II COSMK TUMI 42 tt/U 27/12 CO9K NOKil 11 4/12 1/12 TIUK UTO I) 1/12 11/12 SMBAI 24 12/12 14/12 ■ill ALU 22 11/12 NUCt MM 4t I 12 11/12 SIAIAM 71 14/12 OUTBOUND
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      Page 49 Advertisements Column 3
      918 49 VESSEL I *0T I SIN ETA/D LAX 1 OAK ICW DAL IQ/COl HOD I NYC I NOR ALLIGATOR VICTORY 49A W-10/12 26/12 20/12 20/12 30/12 30/12 31/12 31/12 01/01 HE WIT HUDSON BRPGE 71A 10-17/12 02/01 04/01 05/01 00/01 06/01 07/01 07/01 01/01 ALLIGATOR TRIUMPH 51A 23-24/12 09/01 11/01 12/01
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