The Business Times, 7 December 1993

Total Pages: 48
1 48 The Business Times
  • 14 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Tuesday December 7 1993 75 c
    14 words
  • 2am LATEST
    • 64 1 Reuter NEW YORK A strong bond market and a firm showing by cyclical issues helped to keep US stocks trading higher into mid-day despite a decline in the scmi-conductors sector which spilled over into some other technology stocks. At 1 pm EST. the Dow
      Reuter  -  64 words
    • 56 1 Bloomberg Business News TAIPEI Dutch giant Philips Electronics plans a joint venture with the Taiwan government to build a large silicon wafer plant which will start this month, the company said. The plant will have the capacity to produce 25.000 eightinch wafers per month
      Bloomberg Business News  -  56 words
    • 56 1 AFP HONGKONG Governor Chris Patten yesterday set a deadline of Feb 23 for the Legislative Council to adopt his partial package of electoral reforms. He said the deadline was to allow enough time to put into place a voter registration list for local-level
      AFP  -  56 words
  • 115 1 Stock market indices Frida> C hang* ST1I 2.147.54 -3.96 KLSE CompoMlc...l.04l II 17 19 Nikkei 16 *40.38 -618.97 Hang Seng 9.609.69 .115.34 SET Index 1.377.41 11.38 Jakarta Composite ...523.54 1.81 CLSA China B 1.305 53 11 62 AuslAIIOrd 2.053.7 +6.3 FTSE 100 3.237.3 +3.1 Mi>nda> Previous I pm
    115 words
  • 398 1  -  From Catherine Ong in HONGKONG CHINA'S pledges to maintain Hongkong's prosperity despite a renewed Sino-British clash on the colony's political future have triggered a new wave of buying on the bourse. Share prices soared yesterday as investors piled into Hongkong equity,
    398 words
  • 425 1  -  From Anthony Rowley in TOKYO THE Tokyo stock market plunged again yesterday, accentuating what analysts say is becoming a period of dangerous uncertainty over where the political and economic situation in Japan is headed. The Nikkei-225 stock average shed 618.97 points or
    425 words
  • 238 1 SINGAPORE Bullish sentiment continued to buoy the Singapore and Malaysian markets, with share prices ending generally higher yesterday despite a plunge on the Tokyo bourse. In Singapore, key indices BT Composite and BT-MGA hit new all-time highs. The BT Composite Index was 18.66 points
    238 words
  • 100 1 SINGAPORE Parliament was prorogued yesterday. The new session of Parliament will convene on Jan 10 with President Ong Teng Cheong's address, a government statement said. The recess was effected by an order of the President in the gazette. The term just ended the first session
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  • 356 1 FT LONDON Partners of Goldman Sachs have millions of good reasons to celebrate. According to a bank insider, each of the 161 partners of the US-based global investment bank will receive a minimum profit share of US$5 million (SsB million)
    FT  -  356 words
  • 209 1 SINGAPORE Semiconductor chip distributor Electronic Resources set a new record for Sesdaq yesterday when its initial share offer for the public was subscribed more than 200 times. The previous record was held by Compact Metal Industries which saw its 15 million offered shares 103 times
    209 words
  • 365 1  -  By Juliette Walker SINGAPORE Marinebased industrial group PanUnited Corporation yesterday launched its initial public offer of 138 million shares. The offer 93 million new and 45 million vendor shares represents 25.4 per cent of the family-owned group's enlarged capital of 543 million shares.
    365 words
  • 186 1 AFP BRUSSELS The United States and European Community signalled new agreement yesterday on the thorny question of farm subsidies, but remained locked over several issues in a last-ditch bid to salvage global trade talks. Signs of the farm accord were the
    AFP  -  186 words
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    • 169 1 Nikon] The World's Finest Photographic System tftuci He** unit. tAc "pittcst j Niton Camera Centra Max Photo j #03-10 Centrepoint Tel: 733 3848/733 3868 CONTENTS S'pore News 2 S pore-Wsa 17.18,19 Regional News 3.4.6 Financial 21.22 World News 7.8 Features Markets Analysis 15 CM>/KLSE. SfS 2fr2B Editorial 14 Regional 24
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    • 16 1 Property:Jg rf S'pore buyers help lift NZ market Overseas investment of Singapore's homegrown companies pushes $5b
      16 words
    • 54 1 Hock Lock Siew: pg 17 Is something amiss eft fCls- Bottom Line: Patten's reform package doomed from the start. Back Page Japan's third quarter GDP expected to shrink. Back Page Confusion over Japan's economic policy. Page 6 Japanese banks play it safe in the Euromarkets, Page 15 Review of Japanese
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    • 13 1 Thqjkfttom Line: ph 16 doomed reform package Fuller reports on Pages 26, 28
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 305 2  -  By Teh Hooi Ling THE banking and finance sector appears to have had its fill of new recruits. The number of vacancies advertised by the sector in the Appointments and Notices section of The St rails limes last month grew by a mere 23 per
        Source: ST Appointments  -  305 words
    • 177 2 SINGAPORE will soon do away with military "reservists" or at least the term, that is. From Jan 1, the official term will be changed to "operationally ready national servicemen". For short, they will be called "national servicemen" or "NSmen". In a speech before the
      177 words
    • 504 2  -  By A J Leow LOCAL construction firm Swee Construction Transport Co has put up a huge family-owned plot believed to be worth at least Siso million for sale by private tender. Located near the Bukit Timah residential corridor
      504 words
    • 424 2  -  By Schutz Lee THE overseas investments of homegrown companies may have reached 554.9 billion at the end of 1992. the Department of Statistics said yesterday. In a paper on "Direct Investment Abroad of Local Companies. 1991", the statistics department said that
      Source: Dept of Statistics  -  424 words
    • 510 2  -  The OSA trial By Ramesh Divyanathan THE Attorney-General sees no need to spell out the details of the amended charge against a Monetary Authority of Singapore economist of having endangered the secrecy of official data. Chan Sek Keong yesterday told a
      510 words
    • 325 2 SINGAPORE is to welcome its six millionth visitor this year on Dec 9, according to the Singapore Tourist Promotion Board (STPB). At a press briefing yesterday, STPB executive director Pek Hock Thiam said that this will be the first time that the
      325 words
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    • 52 2 I "TJree long yeans I Jf) 1 "k P 3^ I Mow "for other Any Job. Any career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunoav Times Business Times The New Paper Ll AN HE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Sinq&por*
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  • THE REGION
    • 402 3  -  From Al Labita in MANILA MANILA Vietnam has expressed interest in joining the Asean free trade area (Afta) on a "step-by-step" basis. Addressing the 3rd AseanVietnam symposium yesterday, Vietnamese Deputy Foreign Minister Nguyen Dy Nien said the move would help economic cooperation
      402 words
    • 331 3 Bernama KUALA LUMPUR Former Malaysian Finance Minster Daim Zainuddin has suggested the setting up of an Islamic Trade and Economic Forum to forge greater economic cooperation among Islamic countries. The forum, which should be initiated by the private sector, should also help
      Bernama  -  331 words
    • 214 3 AFP HANOI Prime Minister Vo Kan Kiet. opening a session of the Vietnamese National Assembly yesterday, demanded that economic growth be speeded up "in order to get the country out of poverty". Mr Kiet said the government had set a target
      AFP  -  214 words
    • 564 3 AFP, Reuter KUALA LUMPUR Malaysia yesterday spurned an Australian offer to operate a global satellite television network and backed calls for a boycott of Australian goods as Canberra stood firm in refusing to apologise for criticising Malaysian leader
      AFP,; Reuter  -  564 words
    • 336 3 Bernama KUALA LUMPUR The Economic and Social Commission for Asia and the Pacific (Escap) should provide the mechanism for greater private sector networking within the region. Malaysian Minister of International Trade and Industry Rafidah Aziz said yesterday Escap should also revitalise
      Bernama  -  336 words
    • 486 4 AFP, Reuter HONGKONG China continued its war of words against Britain and Hongkong Governor Chris Patten yesterday with officials saying the British had thoroughly sabotaged the talks on the colony's future. In a dispatch datelined from here the official Xinhua news agency
      AFP,; Reuter  -  486 words
    • 262 4 Reuter HONGKONG Hongkong's leading pro-democracy party has won a by-election held amid a new Sino-British row over the colony's political future. Results released yesterday showed Wong Yiu-sang of the United Democrats won the election to a District Board local council in the New Territories
      Reuter  -  262 words
    • 342 4 AFP SEOUL Riot police teargassed demonstrators throwing paint and rocks at ruling party offices in the southern Korean city of Kwangju yesterday as protests against foreign rice imports escalated countrywide. The crackdown followed the reported agreement by Seoul in Geneva
      AFP  -  342 words
    • ASIA NOTES
      • 72 4 Reuter HANOI Vietnam's state oil import-export firm, Petechim, exported 5.545 million tonnes of crude oil in the first 11 months of this year, the official Vietnam News Agency reported yesterday. Customers were in Japan, Singapore and Australia, the agency said. No comparison figure was
        Reuter  -  72 words
      • Article, Illustration
        28 4 AFP BANGKOK Hundreds of Thai students participated on Sunday in traditional festivities to mark the 66th birthday of King Bhumipol Adulyadej in Bangkok's Royal Plaza. AFP
        AFP  -  28 words
      • 55 4 Reuter TAIPEI Taiwanese spent US$5.B5 billion (559.4 billion) on overseas travel in the first three quarters this year, up 5 per cent from the same period last year, the central bank said yesterday. "Compatriots are spending more abroad because of the strong Taiwan dollar and rising
        Reuter  -  55 words
      • 59 4 Reuter JAKARTA Indonesian Vice-President Try Sutrisno yesterday urged the country's only officially tolerated union to look after workers' interests. "The SPSI (All-Indonesia Labour Union) should give a fresh atmosphere and a dynamic perspective for workers in the interest of the whole nation," Gen
        Reuter  -  59 words
    • 238 4 Bloomberg Business News HONGKONG China's economy is geared up for another year of fast growth in 1994 but the nation's continued moves towards a market system won't be without pain as loss-making state enterprises are forced into bankruptcy, according
      Bloomberg Business News  -  238 words
    • 156 4 Reuter TAIPEI Taiwan has not yet set a timetable to cut import tariffs for agricultural products but is prepared to have discussions with the United States, according to the cabinet's Council of Agriculture. "We have not yet planned to cut
      Reuter  -  156 words
    • 505 6 Reuter TOKYO Confusion grew yesterday over whether Japan's coalition government plans any moves to boost the faltering economy, battering share prices. "The coalition has no scenario, it has no strategy, it changes every day," said one government source. Hopes that the coalition was
      Reuter  -  505 words
    • 483 6 Reuter TOKYO Japan's Socialist Party, the largest in the ruling coalition, could quit the alliance if the government bowed to world pressure and lifted a ban on foreign rice imports, senior party members said yesterday. Prime Minister Morihiro
      Reuter  -  483 words
    • 198 6 Reuter TOKYO Kazuo Aichi formally took office as Japan's defence chief yesterday following his predecessor's resignation over a constitutional row. "I will do my best to secure funds to keep up a balanced defence structure," he told 600 officers and ministry officials in
      Reuter  -  198 words
    • 347 6 Reuter ISLAMABAD Prime Minister Benazir Bhutto wants to levy an unpopular agricultural tax, vital to win international funding to underwrite Pakistan's flagging economy for the next three years, an official said on Sunday. Special adviser on finance V A
      Reuter  -  347 words
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  • Page 6 Advertisements
    • 430 6 Give Your Face a Free Executive Treatment. 1 Since Men's Skin Center introduced the Executive Treatment, many men have WJm experienced the pleasure and confidence that come from having their skin "groomed" with the same attention they give to their hair and the rest of their appearance. Now the Men's
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  • THE WORLD
    • 517 7 AFP BRUSSELS A massive 120 billion European Currency Unit (SS2I2 billion) investment project to boost growth and employment in the European Community has been rejected by EC finance ministers. They said on Sunday the plan had been prepared too hastily and with too
      AFP  -  517 words
    • 404 7 Privatisations will proceed despite early obstacles, say officials Reuter ANKARA Turkey would try to jump-start its stalled privatisation programme with the sale of stakes in three partly foreign-owned firms in the new year, privatisation officials said. An official at the privatisation agency (KOI) said
      Reuter  -  404 words
    • 202 7 Bloomberg Business News BONN German industry association DIHT has rejected additional subsidies for eastern German companies despite the "dramatic" situation of many companies there, says Hans Peter Stihl, the head of the association. At a regular meeting yesterday with German Chancellor Helmut Kohl
      Bloomberg Business News  -  202 words
    • 326 7 Reuter LONDON British consumers took on a net £311 million (***** million) of credit in October, suggesting confidence remained sturdy in the run-up to the important pre-Christmas spending period. While the net figure was down from £489 million in September the highest figure for
      Reuter  -  326 words
    • 402 7 AFP VORKUTA. Russia Stalinist labour camps have disappeared from the landscape of this coal-mining centre but its 200,000 residents say they face life in Russia's Arctic north under a new jailer: economic hardship. Miners, municipal employees, store clerks and in particular pensioners
      AFP  -  402 words
    • 426 8 NYT CHICAGO When Terry Ochs got out of the Marine Corps last spring after eight years as a helicopter crewman and aircraft mechanic, he journeyed up and down the US west-coast and throughout the mid-west searching fruitlessly for maintenance work with an airline. Finally,
      NYT  -  426 words
    • 265 8 Reuter WASHINGTON Vice-Pres-ident Ai Gore said on Sunday the government of Mexico would announce positive action this week in return for passage by the United States of the North American Free Trade Agreement. Critics of Nafta had suggested that the US had
      Reuter  -  265 words
    • 277 8 NYT ROME After decades in opposition, candidates backed by Italy's former communists won municipal elections on Sunday, defeating neo-fascists and other conservatives, computer projections showed. The voting, widely seen as a weather vane for national elections expected in the spring, pitted left-wing alliances against
      NYT; Reuter  -  277 words
    • 90 8 Bloomberg Business News LONDON The Confederation of British Industry has launched a drive to bolster the efficiency of small businesses by appointing a 14-member working group to study ways to improve management training and support for smaller companies. Phillip Clarke, managing director of Clamason
      Bloomberg Business News  -  90 words
    • 197 8 NYT NEW YORK Newsstand sales of leading magazines have declined sharply in the past decade. reflecting profound changes in the industry and in the way readers buy their magazines. A report to be released this week by Vos, Gruppo Capcll, investment bankers and direct
      NYT  -  197 words
    • 294 8 Reuter BONN German newspapers expressed concern yesterday at the return of reformed communists as a political force in local elections in east Germany's Brandenburg state. "The east is turning red," the Hamburger Abendblatt declared. "A sad sight for the Christian Democrats." Die
      Reuter  -  294 words
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    • 231 8 vietnaml AT YOUR FINGERTIPS Be at the forefront of Vietnam's economy, subscribe now to VIETNAM ECONOMIC NEWS. The only English weekly economic magazine published by the Official Vietnam Trade Information Centre. Give yourself the competitive economic edge in Vietnam right here in Singapore! Latest trade information and economic trends Comprehensive
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  • SPORTS
    • 409 9  -  By Shahiron Sahari SINGAPORE Sponsors were invited to come forward to help meet the $10 million needed annually to make a success of Sports Excellence 2000 (Spex 2000), the new national sports scheme aimed at producing Asian and Olympic Games champions.
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    • 435 9 Christmas gift for Germany: Davis Cup from Stich Co AP DUSSELDORF Towards the end of the year, when most of his rivals are either enjoying the sun or thinking about it, Michael Stich plays his best tennis. Two weeks after winning the ATP Tour World Championship in Frankfurt, Stich gave
      AP  -  435 words
    • SPORT SHORTS
      • 146 9 AP NEW YORK Basketball's Michael Jordan was the richest athlete for the second straight year, earning an estimated US$36 million (5J57.6 million), Forbes magazine reported on Sunday. Boxer Riddick Bowe, who didn't appear on the 1992 list, was second at US$25 million and car racer Ayrton Senna was third at
        AP  -  146 words
      • 66 9 Reuter NEW YORK NFL on Sunday: Buffalo 24 LA Raiders 25; Chicago 30 Green Bay 17; Cleveland 17 New Orleans 13; Detroit 0 Minnesota 13; NY Jets 6 Indianapolis 9; Pittsburgh 17 New England 14; Tampa Bay 17 Washington 23; Houston 33 Atlanta 17; Miami 14 NY Giants
        Reuter  -  66 words
      • Article, Illustration
        24 9 Reuter NEW YORK NBA Sunday: Geveland 98 Houston 99; Milwaukee 98 Phoenix 117; Denver 115 Dallas 110; LA Lakers 99 Minnesota 101. Reuter
        Reuter  -  24 words
      • Article, Illustration
        145 9 Reuter BRISBANE Australia posted a record score against New Zealand yesterday in the third and final test in a relentless pursuit of a second successive innings victory. Resuming on 533 for six, Steve Waugh and spinner Shane Wame piled on the agony for the demoralised tourists, and at lunch
        Reuter  -  145 words
      • Article, Illustration
        119 9 AFP FISHER ISLAND, Florida Japan's Isao Aoki's three-foot birdie putt on the final hole eliminated top money winner Dave Stockton for a victory here on Sunday at the US$lOO,OOO Senior PGA Shoot-out. The event matched 10 top players in a hole-by-hole single elimination format, with ties broken by a
        AFP  -  119 words
      • Article, Illustration
        226 9 Reuter PALMA DE MALLORCA, Spun American Allison Wagner upstaged Chinese ace Dai Guohong but China's women bounced back as the inaugural world short-course swimming championships closed on Sunday with tour world marks in the final session. Wagner accounted for the first, cracking the apparent invincibility of Dai in the
        Reuter  -  226 words
    • 347 9 Golf AP SUN CITY, South Africa Zimbabwe's Nick Price, avenging years of bad luck here, fired a remarkable scven-under 65 and set two tournament records to win golfs richest prize on Sunday at the Million Dollar Challenge. "Without a doubt, it's the finest four rounds
      AP; AFP  -  347 words
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  • LIFESTYLE
    • 729 11  -  Joyce Quek explores the magical quality of the music and lyrics of Paul Simon and Art Garfunkel. who left the audience in a timeless trance Joyce Quek "Home where my heart's escaping, home where my music's playing, home.." Homeward Bound. HOME was where Simon and Garfunkel brought
      729 words
    • 399 11 CHATTERBOX MUSICIAN and composer Frank Zappa, who fused rock, jazz and classical music behind lyrics of scathing, often raunchy satire and social commentary. has died of prostate cancer. He was 52. Zappa died on Saturday evening at his Los Angeles home. The musician, hailed by
      399 words
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    • 69 11 ll 6 XeocKew cuisine; the way it skowld be! Savour the rustic, refined flavours of irresistible traditional favourites such as Teochew Braised Goose, Deep Fried i Pomegranate" Chicken, i etc each at its best. We also cater for private functions including company dinners, J birthdays and special wedding packages. m
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  • Page 11 Miscellaneous
    • 1161 11 TV RADIO riage to Tommy Uc Jones and Burt Uncasler and MacC auley C olkin discover the virtues of the usual nervous breakdowns. ,n Gibraltar, 10.30pm. SBC SBCI2 L ep). I package. 5.00 Mrs Fong Family Plaza 11.00 News. 7.30 PM What Every Baby <C). 11.55 Who's the Boss? Knows.
      1,161 words

  • PROPERTY & CONSTRUCTION
    • 560 12  -  Asians have breathed life into a stagnant sector with NZssoom in deals, reports Abdul Hadhi Abdul Hadhi THE commercial property market in urban New Zealand has shown signs of increased demand over the past year, particularly from Singaporeans. In its
      560 words
    • 248 12 Jones Lang SfSWootton Selected transactions in the past week -wr t x *>* PRIVATE __U Dec 2,1993 1024 Spnng Grove Apt 1012 99LH 738,000 730 Oec 1,1993 1025 Sommerville Park Apt 1948 FH 974,000 500 Nov 29,1993 1027 AllsworthPark Apt 2000 999LH 960,000 480 Nov 30,1993 1027 Astor
      248 words
    • 1212 13  -  Relaxation of FIC rulings on foreign buying is giving the market a boost, report Alex Chng and Gary Ng Alex Chng,Gary Ng The writers are analysts with the research department of Alliance Securities. THE Malaysian property market is at the end of a consolidation
      1,212 words
    • REGIONAL SKYLINE
      • 68 13 SINGAPORE Jones Lang Wootton Asia has started a programme to keep employees up to date with regional property trends. The eourse is conducted by senior JLW stafT in conjunction with the School of Estate Management of the National University of Singapore. JLW has spent more
        68 words
      • 77 13 Bangkok Post BANGKOK Developer Sukhumvit Park flew in 50 buyers from Singapore and Hongkong for the King's Birthday weekend. "It was our way of saying thank you to foreign buyers who bought units about a vear ago." chairman Apichai Sakchalathorn said on Friday. Most
        Bangkok Post  -  77 words
      • 79 13 Bangkok Post BANGKOK Builders will in future have to obtain a guarantee from a planning or engineering consultancy before they apply for a housing development licence. Consultancies authorised to give such guarantees will be controlled by the Land Department. The move is aimed at shortening the
        Bangkok Post  -  79 words
      • 51 13 Australian Financial Review MELBOURNE Demand for upmarket homes in Melbourne's inner suburbs is picking up with a vengeance, according to valuer Herron Todd White. Expensive properties in money-belt suburbs are back in favour and prices have begun to rise quickly, the firm savs. Australian Financial
        Australian Financial Review  -  51 words
      • 81 13 Australian Financial Review SYDNEY Vacancy levels in the Brisbane CBD commercial market will not fall below 10 per cent until 1997. according to Colliers Jardine. Based on employment projections, the growth over the next four years will absorb only the market's existing empty
        Australian Financial Review  -  81 words
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  • Page 13 Advertisements
    • 12 13 Now, you can buy a Superbus from only $2,280. (No COE needed)
      12 words
    • 235 13 VISITING PROFESSOR SAYS: "SUCCESS MB REMARKABLY HIGH AT f HUME FRANCE"*, I .-jj tionist Professor D.J. Naismith from the University of London, recorded some very complimentary remarks about Marie France. Here is an excerpt from the professor's findings: "I was most impressed with the <f Marie France Bodtyiine system, and
      235 words

  • 642 14 EDITORIAL EVERY few years, the government sees the need to revamp its pay scales, convinced it has yet again fallen far behind the private sector. Each time it raises salaries, as in the latest round when the revision at the top end is a hefty
    642 words
  • WHAT THE OTHERS SAY
    • 264 14 WHEN US President Bill Ginton announced that the United States would be prepared to resolve all issues with North Korea if it agreed to renounce the nuclear option, the expectation was that Pyongyang would respond positively to his conciliatory approach. But the Kim II Sung regime
      264 words
    • 160 14 THE VISIT TO Jakarta by Deputy Prime Minister Lee Hsien Loong is significant. It reaffirmed Singapore's commitment to development in the Riau islands under the growth triangle concept. But while both countries begin to enjoy the fruits of the development in the islands, they cannot
      160 words
    • 213 14 EVERY TIME there is a salary adjustment within the civil service, the private sector will, inevitably, be used as a source of comparison. In principle, there should not be too wide a gap between wages in the two sectors. That public organisations want to be on
      213 words
    • 175 14 GOLFs rising popularity is becoming a dubious tribute to this country's rising affluence. Even with abundant land, an obtrusive number of courses would be emblematic of the cloying isolation of the nouveau riche. But as the country develops and virgin acreages shrink, there will be ever fewer
      175 words
    • 256 14 THE 115-nation General Agreement on Tariffs and Trade (Gatt) has under two weeks to wrap up the Uruguay Round which has lasted seven years, three years past the original target date, before the Dec 15 deadline. After this date will we kiss Gatt, the only world
      256 words
  • 950 14  -  Tye Kim Khiat feels the diplomatic row between Australia and Malaysia will make it harder to get Australians to think Asian and to embrace the region in totality Tye Kim Khiat The writer is a Melbourne-based journalist who contributes to BT SO AUSTRALIA'S
    950 words
  • Page 14 Advertisements
    • 115 14 I I slllkESdMfiLu 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: IK CORP. INNO-PACIFIC HOLDINGS "i From that, you'll SElftlfti I have a
      115 words
  • Page 14 Miscellaneous
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  • ANALYSIS
    • 1139 15  -  Japanese banks are scrambling to repay overseas borrowings and liquidate loans. Tokyo Correspondent Anthony Rowley finds out why Anthony Rowley DURING what seemed like a golden age of overseas expansion for Japanese commercial banks in the late 1980s, few people appeared to question how
      Source: Bank for International Settlements  -  1,139 words
    • 1034 15 Despite widespread protests, it is wrong to conclude that Europe's trade unions are experiencing a renaissance The Economist EUROPE'S winter of discontent is worsening. On Nov 29, Spain's two main trade unions said they would call a oneday general strike in January unless the Spanish government
      The Economist; Source: ILO OECD  -  1,034 words
  • Page 15 Advertisements
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      301 words

  • 621 16 AFP. Reuter BRUSSELS Talks between the United States and European Community to pave the way for a world trade deal are said to be on "knife-edge" between success and failure although a deal on agriculture is all but completed. EC
    AFP.; Reuter  -  621 words
  • 193 16 AFP TOKYO Japan yesterday rejected a US demand to set numerical targets in promoting official procurements of telecommunications equipment, official sources said. The US demand was made during bilateral talks held here in accordance with a trade framework agreement reached in July
    AFP  -  193 words
  • 252 16 AP NEW DELHI The government yesterday promised to shield farmers from international patent protection plans that would force them to pay royalties on high-yield seeds. In a country where nearly two-thirds of the 880 million people are dependent on farming many
    AP  -  252 words
  • Article, Illustration
    69 16 Reuter NEW YORK Heads of the 'Big Three' carmakers in the United States, Bob Eaton (left) of Chrysler, Ford's Alex Trotman (centre) and General Motors' Jack Smith, as they appear on the cover of Time magazine's Dec 13 issue. It is the first time ever that the
    Reuter  -  69 words
  • 368 16 AFP PHNOM PENH Cambodians turned against Thai businessmen yesterday as 500 vendors protested against the price of stalls in a Thai-built shopping mall, and co-premier Prince Norodom Ranariddh vowed to get rid of the Thaiowned Floating Hotel. The vendors, angry about
    AFP  -  368 words
  • 342 16 Bloomberg Business News TOKYO Japan's gross domestic product is expected to contract 2.75 per cent during the third quarter on an annual ised basis. A survey of 11 economists, released yesterday, showed that they predicted GDP. the broadest measure of a country's
    Bloomberg Business News  -  342 words
  • 227 16 UPI. Reuter NEW DELHI A series of coordinated bomb blasts ripped through Trans-India luxury trains early yesterday, killing one and wounding at least 29 on the first anniversary of the destruction of a mosque by Hindu rallyists. Railroad authorities
    UPI.; Reuter  -  227 words
  • 724 16  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT GOVERNOR Chris Patten's political reform package for Hongkong is now history. The ironyis that it will begin its passage through the legislative
    724 words
  • 117 16 AFP BEIJING The government yesterday approved draft laws to greatly liberalise its trade regime and provide protection for Taiwanese investment for the first time. State television reported that the trade law will reform China's trade system to meet the requirements of its shift to
    AFP  -  117 words
  • Page 16 Advertisements
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      103 words

  • COMPANIES & MARKETS
    • 536 17  -  By Juliette Walker SINGAPORE Pan-United Corporation's initial public offer, launched yesterday, should give a boost to the marine-based group's plans to expand, diversify and go regional. Net proceeds from the 138-million-share offer are expected to be at least $95.9 million. Of this amount,
      536 words
    • 342 17 SINGAPORE Singapore Airlines' recent investment in Royal Air Cambodge gives the national carrier just the type of strategic linkage it wants and there may be more such ventures to come. "Royal Air Cambodge was not a difficult decision," said
      342 words
    • 119 17 SINGAPORE Property group Bukit Sembawang said yesterday its interim net earnings were higher than turnover because of a write-back involving development expenses for two projects. The company, which recently announced half-time earnings of $6.24 million on turnover of 51.65 million, said the write-back resulted from
      119 words
    • 755 17  -  HOCK LOCK SIEW By Joseph Rajendran SINGAPORE Movements this year in the share price of Sesdaq-listed electronics manufacturer PCI have been interesting to watch. The price which was hovering around Si.os in August doubled to $2.10 in mid-November. But in the past week, it has
      Source: Bloomberg  -  755 words
    • 231 17 SINGAPORE Homegrown Creative Technology has found a senior executive in the US computer industry to replace outgoing chief financial officer Ken McEwan. Patrick Verderico will join the company's office in Milpitas, California, next month. Mr Verderico is currently chief financial officer and vice-presi-dent
      231 words
    • 192 17 SINGAPORE Sembawang Engineering has formed a joint venture company to bid for projects in Brunei. The company said in a statement yesterday that it signed an agreement with Dam it Engineering Services on Sunday to form Bruneibased Dam it Sembawang
      192 words
    • 219 17 SINGAPORE Winfoong Investment Ltd, the Hongkonglisted subsidiary of Hong Fok Corp, has hived off its interests in a property project in China with the sale of an investment company. Hong Fok said yesterday that Winfoong had agreed to sell its entire stake in
      219 words
    • Article, Illustration
      314 17 Source: Bridge Info Performance of STII's Index stocks Dec 6 Last Srt* ladex Slock salt Chge factor mo»m (S) Avimo 1.910 1.31 CAC 8050 5.50 CWT 2.720 0 010 1.86 -3 70 Ceretoos 6 650 -0 150 4 54 55 56 FAN 16 100 -0 100 1100 37.04 Gen
      Source: Bridge Info  -  314 words
    • COMPANIES
      • COMPANY BRIEFS
        • 81 18 Bernama KUALA LUMPUR Jasa Megah Industries Bhd is disposing its entire one million Msl shares in Jasachem Investments Sdn Bhd to Kuala Lumpur Kepong Bhd for MS 1.66 million (S$ 1.04 million). It has also acquired 6.5 per cent of Insas Bhd for
          Bernama  -  81 words
        • 104 18 Bernama KUALA LUMPUR Tenaga Nasional Bhd told the KLSE yesterday that the deviation from its forecast consolidated pre-tax profit after minority interest and the actual audited results for the year ended Aug 31, 1993, was caused by a change in generating fuel mix and
          Bernama  -  104 words
        • 44 18 KUALA LUMPUR Country Heights Holdings Bhd's listing on the KLSE main board has been approved by the Securities Commission. The property and resorts group will make a public issue of 15 million shares priced at MS 1.50 a share.
          44 words
        • 71 18 KUALA LUMPUR Kamunting Corp Bhd has informed the KLSE that it is not aware of any rumour or other conditions leading to the unusual market action of the company's securities on Dec 2. It adds that there is no material development in the company's business
          71 words
        • 75 18 Bernama KOTA KJNABALU CASH Bhd will complete its rationalisation exercise within four months and thereafter venture into other business activities to boost earnings, its chairman Abdul Mulok Awang Dam it said yesterday. The company is in the process of selling off its subsidiary company, United Plywood
          Bernama  -  75 words
        • 80 18 Bernama KUALA LUMPUR Lam Soon Huat Development Bhd (LSH) has forecast a group pre-tax profit of M 541.24 million for the year ending Dec 31, 1994, after completion of the acquisition of properties and investments from Industrial Oxygen Incorporated (IOI) for M$ 177.5 million. In
          Bernama  -  80 words
      • 400 18  -  By Shiv Taneja SINGAPORE Berjaya Textiles Bhd (BTB) of the Kuala Lumpur-based Beijaya Group Bhd (BGB) is to acquire Jaya Tiasa Plywood Sdn Bhd (JTP) for MS 1.04 billion (***** million). The deal is part of a larger restructuring plan
        400 words
      • 191 18 Bernama KUALA LUMPUR Ekran Bhd, the construction and cable manufacturing group, plans to build inter-budget hotels in all states in Malaysia. Ekran executive chairman Ting Pek Khiing yesterday said the group would operate about 15,000 rooms in the country by 1996
        Bernama  -  191 words
      • 1299 18 Mm—Ml' phtm Dec 7 Unibond 1065 1 095 Tn..t United Or Fund! 1.52 1.58 *ng4p0rt unit inist United Asia Fund I 80 I 88« The Commerce 164 1 72 NTUC Income The Savmp Fund 1 55 1.63 S pore Prog Fund 0 69 0 72 Income Bond Policy 4 .0
        1,299 words
      • 263 18 Bernama KUALA LUMPUR The Melewar Corporation, through its wholly owned subsidiary Harta Bumi Sdn Bhd. will invest about MSSO million (SS3I million) to build a four-star city hotel. Group managing director Tunku Iskandar Tunku Abdullah yesterday said the 230room hotel project would
        Bernama  -  263 words
      • 242 18 MBT KUALA LUMPUR The Federation of Public Listed Companies (FPLC) has voiced strong opposition to a new accounting standard, issued by the Malaysian Institute of Accountants (MIA), which makes it mandatory for companies to write-off goodwill effective from Jan I, 1994. FPLC
        MBT  -  242 words
      • 197 18 Bernama KUALA LUMPUR Kumpulan Emas Bhd will reorganise the operations of its wholly owned subsidiary, Salcon Engineering Sdn Bhd, and its other subsidiaries, to venture into sectors where the potential is greater. Kumpulan Emas chairman Datuk Setia Haji Abdul Ghani bin Ali says
        Bernama  -  197 words
      • 370 19 Bloomberg Business News TAIPEI The Securities and Exchange Commission has sent a letter to Taiwan's central bank asking to double to US$lO billion (Ssl6 billion) the total amount of funds foreign financial institutions are allowed to invest in the country's
        Bloomberg Business News  -  370 words
      • 193 19 Bloomberg Business News HONGKONG Champion Technology Holdings, a rapidly growing Hongkong telecommunications company, has agreed to set up a joint venture telecommunications company in Beijing. Champion and Chinese partner, Beijing Ji Tong Communications Co, will develop, manufacture and sell communication
        Bloomberg Business News  -  193 words
      • 331 19 Reuter JAKARTA Astra International's 72 per cent increase in net profit in the first nine months over the same period in 1992 was helped by lower interest rates and increased bank lending, according to brokers. Astra, one of Indonesia's largest groups
        Reuter  -  331 words
      • 202 19 Bloomberg Business News TOKYO Textile maker Carolina is to close its Toyama textile weaving and agriculture plant by March 31, company president Kosaku Shimada announced yesterday. Mr Shimada, speaking to reporters at the Tokyo Stock Exchange, said the plant closing was forced
        Bloomberg Business News  -  202 words
      • 222 19 Reuter LONDON Canada's Northern Telecom Ltd is aiming for at least a fifth of the worldwide cordless business telephones market which it believes could be worth US$3O billion (Ss4B billion) a year by the end of the decade, a senior executive
        Reuter  -  222 words
      • 208 19 AP MANILA Thai telecommunications giant Shinawatra International will invest US$6OO million (Ss96o million) in a five-year telephone expansion project in the Philippines. Company president Thaksin Shinawatra made the announcement yesterday at the signing of a joint venture agreement with a Filipino communications company,
        AP  -  208 words
      • 238 19 AFP WELLINGTON Wang New Zealand, a subsidiary of the American-based computer company which recently came out of bankruptcy, launched a NZ$l5 million (S$ 13 million) share float here yesterday. Forecasts in the offering memorandum put tax-paid earnings by Wang New Zealand for the year
        AFP  -  238 words
      • COMPANY BRIEFS
        • 85 19 Bloomberg Business News NEW DELHI The aggregate net profit of India's top 1,250 companies rose 36 per cent in the half year through September, compared with the same period last year. The Economic Times research bureau reported. "Despite a modest rise of 16
          Bloomberg Business News  -  85 words
        • 59 19 Reuter HONGKONG Regal Hotels International Holdings said its issue of 125,000 convertible cumulative redeemable preference shares was approved at a special general meeting last Friday. The shares, which carry interest of 5.25 per cent and priced at US$l,OOO (S$ 1,599) each, will raise US$l25
          Reuter  -  59 words
        • 53 19 HONGKONG Trading in Shanghai Haixin Co Ltd B shares will begin on the Shanghai exchange tomorrow, the company said. A producer of flannel and plush for the toys industry, it completed a private placement with 45 local and foreign institutional investors of 35 million B shares
          53 words
        • 63 19 HONGKONG Hongkong department store and property investment company Sincere Co said its net profit fell 5 per cent to HK526.2 million (555.4 million) for the six months ended Aug 31 from the same period last year. The figures are after tax and payments to
          63 words
        • 57 19 Knight Ridder SYDNEY BHP Co Ltd said it planned to sell up to ASSOO million (SSS3O million) in employee share plan loans to a company managed by Deutschebank Australia Ltd. BHP will be paid according to the face value of the loans and use
          Knight Ridder  -  57 words
        • 60 19 Bloomberg Business News BANGALORE Tata Information Systems Ltd, a joint venture between India's Tata Group and International Business Machines, will begin to offer computer education services and franchise its services to private companies, company officials said. Computer training institutes in India grossed 1.3 billion
          Bloomberg Business News  -  60 words
      • 130 19 Bloomberg Business News LONDON London Weekend Television Holdings pic said it rejected a takeover bid made yesterday morning by Granada Television Ltd, which values LWT shares at £600 million (SS 1.434 billion). "following an approach on Friday evening, the board of LWT, advised by
        Bloomberg Business News  -  130 words
    • CORPORATE FOCUS
      • 732 20 Review of Japanese corporate results Bloomberg Business News TOKYO Telecommunications giant Nippon Telegraph Telephone Corp was the most profitable of all companies that reported earnings for the six months through September. NTT's current profit totalled 103.943 billion yen (SSI.S billion) between April and September, down
        Bloomberg Business News  -  732 words
      • 539 20 while Nissan Motor reports biggest half-year loss Bloomberg Business News TOKYO Nissan Motor, the world's fourth largest car maker, had the largest current loss of all Japanese companies that reported earnings for the half year to September. Nissan, with a current loss of 28.93 billion yen (*****.22 million), was followed
        Bloomberg Business News  -  539 words
      • 451 20 Bloomberg Business News TOKYO Real estate, pharmaceutical and credit companies enjoyed the highest operating margins among roughly 1,970 listed Japanese companies, which reported earnings for the half year to Sep 30. Operating margin, determined by dividing a company's operating profit by its sales,
        Bloomberg Business News  -  451 words
    • FINANCE & COMMODITIES
      • 403 21 Bloomberg Business News HONGKONG The Hong Kong Monetary Authority, the territory's equivalent of a central bank, is introducing a system to speed up and simplify the transfer of Hongkong dol-lar-denominated debt. Called the Central Money Market Unit (CMMU), the system is to be launched
        Bloomberg Business News  -  403 words
      • 187 21  -  By Soh Tiang Keng SINGAPORE Morgan Grenfell Investment Management (Asia) yesterday announced it has raised $72 million for the Singapore Premier Trust, its CPF unit trust, during a three-week initial offer period. Diane Seymour-Williams, managing director of of MGI- MA, said: "We are
        187 words
      • 321 21 Bloomberg Business News TAIPEI A large shipper with plans to expand in Singapore and a property developer with interests in Vietnam are the latest Taiwanese eompanics to seek permission to sell convert ihle bonds overseas, the Securities and Exchange Commission said. U-Ming
        Bloomberg Business News  -  321 words
      • 216 21 AFP BEIJING China plans to issue large quantities of bonds overseas to raise cash to increase the country's electricity generating network, the official China Daily said yesterday. Jiang Shaojun. spokesman for the Ministry of Power Industry, quoted by the Englishlanguage newspaper, did
        AFP  -  216 words
      • SMALL CHANGE
        • 94 21 AFP TOKYO Four more Japanese commercial banks yesterday announced a 0.375 per cent cut in their short-term prime lending rates to an all-time low of 3.0 per cent. The four banks are Dai-lchi Kangyo Bank. Asahi Bank. Sanwa Bank and the Bank of
          AFP  -  94 words
        • 77 21 FT ROME THE Italian government is to offer a substantial discount on the shares of Credito Italiano. the country's seventhlargest bank, to launch a privatisation programme over the next two years. Iri. the state holding company, is offering its controlling 64 per cent stake
          FT  -  77 words
        • 71 21 Bloomberg Business News NEW YORK Mellon Bank Corp and Dreyfus Corp have agreed to merge in a stock swap worth USSI.BS billion (552.96 million), a Mellon spokesman said yesterday. Mellon, a Pittsburgh-based banking company, reportedly held talks with Dreyfus. America's sixth-largest mutual fund operator
          Bloomberg Business News  -  71 words
      • 514 22 Reuter BANGKOK Sugar production is forecast to rise slightly in key Asia-Pacific producer nations next year but will be unable to fill an estimated gap of around one million tonnes in world demand. Export forecasts for Thailand and India
        Reuter  -  514 words
      • 173 22 Reuter SYDNEY Increased demand to cover significant trade commitments in December and during the mid-season break is expected to help offset big offerings at Australian wool auctions this week and next, the Australian Council of Wool Exporters said. About 146,064 bales, the biggest
        Reuter  -  173 words
      • 193 22 Reuter BEIJING China's shortage of copper in 1994 will worsen from this year's level, with the increase in supply unable to match demand, the Ministry of Internal Trade said. Writing in the Economic Daily, unnamed ministry officials said that, while this shortage will
        Reuter  -  193 words
      • 247 22 Reuter TOKYO Japan's oil industry will seek a break in oil taxes if the nation's general sales tax rate is raised from the current 3 per cent. According to a Ministry of International Trade and Industry (Miti) official, oil
        Reuter  -  247 words
      • 156 22 Reuter BEIJING China will need to import a large amount of steel next year to meet soaring domestic demand, officials of the Ministry of Internal Trade said. The Economic Daily quoted them as saying that consumption of steel this year will rise by
        Reuter  -  156 words
      • 233 22 Bloomberg Business News SYDNEY Australia's Bridge Oil Ltd said its US subsidiary. Bridge Oil (USA) Inc. will purchase a number of producing oil and gas properties and exploration acreage from Houston-based Santa Fe Energy Resources Inc. The transaction, involving cash
        Bloomberg Business News  -  233 words
      • 205 22 Reuter MANAMA Opec president Abdullah Bin Hamad alAttiyah of Qatar said the current oil price weakness could not be explained merely by the balance of supply and demand, and expressed the firm belief that prices would improve soon. In a statement sent
        Reuter  -  205 words
      • 121 22 IT WAS another day of tight trading ranges in the regional currency market. The local market inherited a lower US$/S$ from the offshore European and American markets which had seen some selling of dollars for Ss. The US dollar opened at 1.6010/20, down from the
        121 words
      • 196 22 LONDON The dollar was just over a pfennig down on the mark late in Europe, having recovered from a fall through widely-touted support in the 1.7050 mark area. "The dollar's inability to break the shackles of 1.70/1.73 marks suggests it's found its level to the new year," said a
        196 words
      • Article, Illustration
        1628 22 rrade-»eighted index calculated against S pore 5 lop 14 trading partners Base year 1985 USS/SS forward rates Noon Dec 6 sT Bid Offer 1-month 1.5981 1.59% •-month 1.5975 1.5990 J-mooth 1.5972 1.5987 6-monlh 1 5958 1.5978 Sovrtr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am m Dae 6:
        1,628 words
      • 226 22 Reuter KUALA LUMPUR Southcast Asian palm oil priccs arc likely to move within a narrow band this week, with expectations of lower Malaysian output in November not seen sparking a major rise in consumer demand, regional traders said. Singapore palm oil traders expect
        Reuter  -  226 words
      • 92 22 NEW YORK The dollar s failure to make good on positive US payrolls data on Friday continued to depress the US unit three days later, dealers said. The dollar opened at 1.7090/95 marks in the US, more than a pfennig below its 1.7195/05 mark close Friday. It also
        92 words
    • COMMODITIES & FUTURES
      • 1343 23 SIMEX REPORT Reuter SINGAPORE Simex December Eurodollars ended firmer in thin trade as the absence of inflation fears in the United States boosted Simex sentiment. "The market has been pretty quiet, nothing much happened but Eurodollar sentiment remains very firm," said one senior dealer with
        Reuter  -  1,343 words
      • 603 23 COMMODITY REPORTS Tin TIN reversed recent uptrend and ended slightly lower yesterday on keen selling prompted by falls on the LME. The metal settled at MS 11.87 a kg. down two cents from last Friday's close. Traders said light East Asian covering helped checked the
        603 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 69 23 TAIPEI Taiwan may buy 33,000 tonnes of No 1 or No 2 yellow maize from South Africa for February shipment following the outcome of a tender, an official at the Feed Industry Association said. The official said representatives from South Africa's Maize Board visited
          69 words
        • 53 23 LUSAKA Zambia could take action against imports of subsidised flour from South Africa which farmers say has killed demand for locallygrown wheat. Permanent Secretary at the Ministry of Agriculture Austin Sichinga said the Zambian government was looking at the issue after complaints from the Zambian
          53 words
        • 78 23 MOSCOW Russian crude exports outside the former Soviet Union totalled 1,457.3 thousand bar- rels per day, falling short by 29.5 per cent of tht original export schedule of 1496 thousand tonnes according to the Fuel and Energy- Ministry. Tht exports were affected by severe storms which
          78 words
        • 50 23 KUALA LUMPUR China's shipments of tin concentrates to Malaysia for smelting dropped to 5,700 tonnes in the Jan-Oct period from 7,500 a year earlier. Malaysian smelters say. One representative said: "Hongkong firms have confirmed that there is not much concentrate coming out of China."
          50 words
        • 58 23 KUALA LUMPUR The US agricultural attache here has revised upward its forecast for Malaysia's palm oil stocks to a total of 1.05 million tonnes at the end of December from an estimate of 980,000 made last month. But end-December, stocks would be lower than 1.1
          58 words
    • 1647 23 Rubber HAS Caaiawdlty Exdiaaga (fvtnr*« dasiag as at lpai) RSS 1 Caatract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 94 132.00 131 50 131.50 425 T875 Feb 133 00 133.00 133.00 50 3.275 Mar 135.00 134.25 134.25 250 6,525 Apr/Jun 137 00 136
      1,647 words
    • REGIONAL STOCK MARKETS
      • 1260 24 +6.3 SHARLS closed higher in thin trade, shrugging on the influence of a weak Tokyo market. "The market basically saw nothing to worry it overseas and so kept a slightly better than even keel on low turnover." one broker said. The All Ordinaries Index finished up 6.3 points to
        1,260 words
      • 539 24 +38.28 The two stock exchange trading floors abandoned trading before the markets were due to open as Typhoon Lola swept aeross the main Philippine island. Luzon. Spokesmen for the Manila and Makati exehanges said trading was expeeted to resume today. The Manila composite index rose hv 38.28 points to
        539 words
      • 645 24 +99.44 Stocks ended at their highest level since May in hectic trade as waves of buying in plastics before the close led interest across the board, brokers said. The index surged 99.44 points to end at the intra-ses-sion high of 4.708.17. on hectic turnover of N1 $66.88 billion. Plastics
        645 words
      • 451 24 +4.90 Persistent healthy interest in blue-chip manufacturings pushed the stock market up for the third consecutive session despite an institutional sell-oIT of financials and shares with low price-to-book ratios (PBRs) which cancelled an early 17point advance, brokers said. They expect immediate prof-it-taking today. The composite stock index added 4.90
        451 words
      • 272 24 -3.48 New Zealand share prices ended little changed in typically featureless Monday trade with the NZSE-40 capital index slightly down, although mainly because several stocks shed dividends. It closed down 3.48 at 2094.79. The underlying tone of the market is still quite positive and with optimistic noises coming
        272 words
      • 68 24 -59.97 Stock prices closed slightly lower over fears of violence breaking out on the first anniversary of the demolition of a mosque in northern India by Hindu zealots that triggered bloody communal riots across the country. The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 3.159.26 down
        68 words
    • WORLD STOCK MARKETS
      • 784 24 Britannia Funds sterling Cash Bid Offer Mim < ap Dtpoxl MMOO 38.6300 Mim Jene> (.ill o IMJ 0I»)2 Mim Mj* Income *1 (WW *1 1000 I S$ ash Income Plus Fund 10 6200 11 14M> PS Ri-otc Fund V2200 5 2 MO Sterling hquiti Euro Performance 0 4V#? O 4^IK
        784 words
      • 671 24 +3.1 Share prices were mixed on the London Stock Exchange yesterday. At the close, the Financial Times-Stock Exchange 100-share index was up 3.1 points, or 0.09 per cent, at 3.237.3. The Financial Times 30share index closed at 2.438.4. down 10.3 points, or 0.42 percent. Volume was 601.9 million shares,
        671 words
      • 183 24 -0.09 pc The DAX index of 30 leading German shares closed lower as profit-taking pulled share prices off their highs with the dccline seen continuing in post-bourse trade. DAX closed official trading down 0.09 per cent at 2.118.80 after hitting a record intradav high of 2.133.31. December DAX futures
        183 words
      • 202 24 unch Swedish shares ended the day slightlv higher to unchanged after listless trade with only index-heavy Ericsson lifting the market. "We have gone over to a three-day working week, nothing happens on Mondays and Fridays." a dealer said. The OMX-index edged up 0.19 per cent to 1044.35. while the
        202 words
      • 286 24 +6.45 Strong Nestle and Roche helped Swiss shares to reach another record close. However, the bourse indices closed below earlier highs as some players took profits in the light of conflicting news of a lower dollar on the one hand and hopes for lower interest rates on the other
        286 words
      • 133 24 14.75 Derivatives related basket buying helped drive Belgium's Bcl-20 stock index 14.75 points higher to a new closing high of 1,438.42. beating the record set on Friday. The index also touched a new intra-day high of 1.442.32. and more gains arc seen. Brussels Drf 6 FORWARD MARKET M. tin
        133 words
      • 144 24 3.34pc Shares stormed upwards, buoyed by optimism following local election results which showed some consistency in voting patterns over the country. A further boost came from a strong response to the start of C'redito Italiano's privatisation, priced at 2,075 lire a share. The Mibtcl Index was up 3.34 per
        144 words
      • 238 24 1.94 Shares maintained their powerful performance, spiking up to a new intra-sev sion record high of 392.32 before easing back to 392.20. Buoyant bonds and bullish stock markets across Europe provide solid support. The EOF index was at 392.20 up 0.50 per cent or 1.94 points. Royal Dutch gained
        238 words
      • 314 24 10 Industrials closed down despite good demand for selected stocks yesterday while gold shares held onto small gains in line with the firm but static gold price. The Gold Index gained 10 points to 1.923 and the Industrial Index shed 13 points to 4,945. The overall index added 16
        314 words
      • 246 24 +9.13 Stocks gained in quiet early trading as precious metals and media issues overcame losses in transportation and consumer products. The TSE 300 index rose 9.13 points to 4398.94 in early turnover of 4.30 million shares valued at C 543.52 million. Advancing issues led declines 164 to 128. with
        246 words
      • 782 24 +6.70 Stock prices moved slightly higher in light trading early yesterday on the New York Stock Exchange boosted by strength in US Treasury securities. The Dow Jones Industrial Average, which added 1.96 point on hriday, was ahead 6.70 points to 3710.77 around II am Est. The New York
        782 words
    • Article, Illustration
      3056 25 Reuter HONGKONG Share prices closed sharply higher, with the main index surging 3.29 per cent on heavy demand from overseas despite rising friction between Britain and China over Hongkong. brokers said. The Hang Seng Index soared 315.34 points to end at 9.609.69. Turnover swelled to HKS7.I9 billion from HKSS.7B
      Reuter; Source: Bridge Info  -  3,056 words
    • Article, Illustration
      457 25 MARKET correction continued in both the Shanghai and Shenzhen markets on thin turnover. The Shanghai B Index closed 16.69 points higher at 969.19. Dazhong surged by another 6.0 per cent. Among the gainers were Jinqiao and Outer Gaoqiao, which both advanced 4.5 per cent on active trading. Vacuum was
      457 words
    • Article, Illustration
      2463 25 TOKYO Stocks ended sharply down, with the Nikkei average closing below 17.000. Sentiment was damaged as investors feared the government might not unveil a package of economic stimulus measures as early as they had hoped because officials appeared to lack a consensus on it, brokers said. The Nikkei average
      Source: Bridge Info  -  2,463 words
    • Article, Illustration
      1127 25 Reuter JAKARTA Jakarta share prices closed mixed after quiet late trading, with several largecapped stocks finishing the day lower, brokers said. The official index rose 1.81 points to 523.54. "Prices have been mixed today. Investor sentiment turned weak in late trading." a local dealer said. Astra International, the market
      Reuter; Source: Bridge Info  -  1,127 words
    • 2719 26 Source: Bridge Info Source: Bridge Info Gr Gr 1993 Last NoJ Da) l«tt OM( l«» Dh \td Net M Cap 11i K h Low C ompan) Sate (1100) llinh Low Buyer Seller Or P/E Ml MALAYSIAN STOCKS 102 MSB 50c 203 cd +13 163 208 194 203 205
      Source: Bridge Info  -  2,719 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5813 26 Bernama KUALA LUMPUR The KLSE Composite Index, which tracks 85 quality shares on the Kuala Lumpur Stock Exchange, hit a new all-time high of 1,041.11 points yesterday. The benchmark indicator wrapped up a hectic trading day 17.19 points or 1.6 per cent above last Friday's close
        Bernama; Source: Bridge Info  -  5,813 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7220 27 MAW BOARD fqtoMCtkffl dir. Dec 6~" Cr Cr 1993 Us! Vol Day Last Qwte Dh Di» YM Net M Cap High Low Coaipaay Sale (*000) High Low Bayer Seller Or P/E Saul INDUSTRIAL AND COMMERCIAL 1380 260 I Aetna 12)0 30 223 1260 1220 1240 1230 12.5 2.1 1.0 54.1
        7,220 words
      • 1742 28  -  By Dexter Lee SINGAPORE Share prices surged on the Singapore stock market yesterday despite a 618-point plunge in the Nikkei Average on fears that the Japanese government would delay its economic stimulus measures. Nearly all of the market's key indices recorded all-time
        Source: Bridge Info  -  1,742 words
      • Article, Illustration
        160 28  -  HOT STOCK By Paul Leo JOHAN Holdings' bull run from a low of 30.5 cents since August 1992 is likely to be followed by a big correction and soon. Investors, exercise caution and get ready to take profit. Applying wave theory, the current upmove from 72 cents in
        160 words
  • Page 17 Advertisements
    • 105 17 /iJI €B*€L i lit i ft i f jji ||r ff I Chronograph. Stale-of-the-ait, high- precision automatic self-winding movement. 36'000 vibrations per hour. Three-piece case. Date register. t 7 Three independent dials record the seconds, minutes and hours. Tachometer measures speed per hour. Non-glare scratch-resistant j sapphire crystal. Five year
      105 words

  • Page 18 Advertisements
    • 352 18 8F73 University of South Australia DOCTOR OF PHILOSOPHY (PH.D.) DEGREE IN BUSINESS AND MANAGEMENT HUH Ist Intake March 1994 By Research Admission Requirements: An MBA degree or a specialist Master's degree plus substantial management, business, consultancy or academic experience. Holders of a first class honours degree from a reputable university
      352 words

  • Page 19 Advertisements
    • 159 19 JMBIB our amNeighbours Want Your Business Expand Your Business Increase Your Customer Base Capture Overseas Markets Over 900 pages including colour listings from principal importers and exporters Contact addresses, telephone and fax details Easily referenced by country and trade classifications We are offering FREE listings to companies who respond NOW.
      159 words
    • 195 19 ha H 1 11-13 January Singapore World Trade Centre JH Introducing the SEMICON show that highlights the jH IC industry's technologies SEMICON Test. Assembly Packaging 94 brings Singapore leading manufacturers from the United States. Europe Asia. Their products are driving the improved productivity and performance. Workshop: Test, Assembly Packaging Roadmap
      195 words

  • Page 20 Advertisements
    • 419 20 I' HOW SUM CAN YOU MAKE A MOVIE CAMERA WITH SO MANY FEATURES? Bit (FOLD PAGE SO THAT "k" MEETS The Panasonic SLIM Palmcorder has: a 45x Digital Zoom to enlarge scenes by up to 2,025 times; a Digital Image Stabilizer to steady your picture by compensating for your hand
      419 words

  • Page 21 Advertisements
    • 587 21 sii Seiko Instruments U.-ilillV.^ SII English English IC Dictionary c ll^ll r^ r PKol2ni r^t n r v ($198.00 w.h FREE GIFT $48.00. only while stLs las) S TR7OO I TR3OOO SII English Japanese IC Dictionary SII European Translator-Deluxe Edition ($590.00) ($108.00) SEIKO INSTRUMENTS— A wide unique range of personal
      587 words
    • 65 21 BUSINESS I I M ES TOLL-FREE TEL. No. 1-800-7AI-1883 FAX:74I-1298 GIVING YOU THE WINNING EDGE ■Brjj& i M liere Vo °GfT I SSSft, Lfcy 2r ID Reading the stock market Franchising: Boon or bane? Competing for the business news market The Goodwood saga Sri Lankans go cellular Japanese bonds come
      65 words
    • 443 21 IN THE MATTER OF THE COMPANIES ACT, CAP 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF SEAWORLD FISHERY (S) PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and bete! at 6001 Beach Road. #1201 12-11 Golden Mile
      443 words
    • 198 21 IN THE MATTER OF SIN AH HANG (IMPORTS EXPORTS) PRIVATE LIMITED (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 ol the Companies Act. (Chapter 50) that the Final Meeting of the Members at the abovenamed Company will be held at 101-A Upper
      198 words

  • Page 22 Advertisements
    • 31 22 11 john langford of London V rj ill' I ijii iJ Buckingham Palace i ,i\W' V nifc^J British magnificent collection 1 English classic British design Available at all leading department stores.
      31 words

  • Page 23 Advertisements
    • 41 23 Time is J If you cannot reach the person you are calling, leave your name, telephone number and message in his ClassiFone mailbox and let him respond to your call. ClassiFßEfift i'lMiititTim r im CLAXSL An SPH Aud I oil Service
      41 words
    • 30 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead W Straits Times 1 E Clqs I to work for
      30 words


  • Page 25 Advertisements
    • 109 25 YOUR MONEY IN A BOX. t M Reuge (pronounced run) mu«c boxes make gitts ot IT'S MORE RELIABLE THAN SHARES. 3L/&J-W UUbi 200 ,«r oU Sw» tradition, tkey perform beautifully every Jay for yean on AND MORE PLEASING (unlike m*ny •Urn. could mmtk»). TO THP p For an investment opportunity
      109 words

  • Page 26 Advertisements
    • 48 26 With over 188 million cards honoured at over 10.8 million establishments, MasterCard puts Niil# I FHH the whole worid in your hands. And it givej|^^^fe>; IB y°u easy access to cash at 300,000 bank branches£%|| ||j||| YOU'VE GOT THE WHOLE WORLD and ATMs worldwide. I IN YOUR HANDS
      48 words

  • Page 27 Advertisements
    • 59 27 GOLF MEMBERSHIP FEES? We've got it down to a tee. PERSONAL Jo nrg i ~no < o- .u pay yojr Ves wth ease Standard Chartered FINANCING! J..-• 1 '800 5351 522 *ot and a for Person* r nancmg 7" Call 24 hours a day for shares to buy, coming issues
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  • Page 28 Advertisements
    • 238 28 r h A BUSINESS TIMES PROMOTION /"V GO DOWN MEMORY LANE (m experience wm SEDAKA live in concert WlfflnP InnPlnPlnnPlP 25 PAIRS OF I ~~l PREMIUM $90 TICKETS I Business Times/Ne Sedaka Promotl TLfl TCT HI? IA7TWII i Tick the correct answer: i MUSr BE WON. t pqj w hich
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    • 373 28 MAXIMISE YOUR GAINS PURSUE EXCELLENCE IN SCHOOL AND AT WORK VISIT THE LARGEST CAREER SHOW IN SINGAPORE THE ONLY CAREER EVENT OFFICIALLY ENDORSED BY THE MINISTRY OF EDUCATION AND PAVE YOUR WAY TO A BRIGHT FUTURE IN SINGAPORE AND BEYOND! CAREER '94^ n■ j ■.1 yX 1 WORLD TRADE CENTRE
      373 words

  • Shipping Times
    • 478 29  -  By Dexter Lee SINGAPORE Taiwanese carrier Uniglory Marine Corporation is taking over 10 containerships from associate Evergreen Marine Corp to expand its liner service network and upgrade existing services. In a statement last week. Uniglory said the ships will be under charter from
      478 words
    • 446 29 AP NIIGATA, Japan It looks like any other trim cruise ship until you notice the plainclothes police watching on the dock. But the Xtangyongbong '92 is something very different: an economic lifeline for North Korea. The ship's weekly load of businessmen, schoolchildren and
      AP  -  446 words
    • 456 29 Reuter SUBIC, Philippines Just over a year ago, Subic Bay seemed without a future as the Americans closed down their last military base in the Philippines. Now it brims with hope as it begins to transform itself into a bustling free
      Reuter  -  456 words
    • 850 29 Page Col ABC Containcrlinc 12 I Accord Group 8 1-3 Ahrcnkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 •ANL 3 1/2 •ASCI 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Barbican Line 4
      850 words
    • 481 29 Reuter HELSINKI Rescuers evacuated about 1.300 passengers and most crew on Sunday from a ferry that ran aground off Finland's western coast in heavy wind and snow. The H'asa Queen ferry was later refloated after passengers were taken safely to the mainland and returned
      Reuter  -  481 words
    • SHIPS IN PORT
      • 715 30 Vmd Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port ElonaSC264C 060EC* P01A 0612<i:00 06 1? 1900 Ak«a 0193 17/8 alongside 0712/1800 Elona SC264C 07KC* P01A 0712/1100 07 12/1900 Batam Murm 12/02/93 J1 alongsde 07 12/2315 Equator Hawk 1/31 P02 0712/0730 0812/0600 Batam
        715 words
      • 1584 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/BaUnce Riits Ship Voy No Etb/Btr Period From To From Aci Swn 095A 08/1500 2 06/1700 07/0659 07/0900 4 07/1200 07/M59 07/1700 Ad Gonch»ro» S&SI93 07/1800 1 06/1500 06/1659 06/1900 m
        1,584 words
    • 8735 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      8,735 words
    • 3343 43 A Xm.BC Containerline NV: Belsin Shpg Agencies Pte Ltd (SVMarine 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) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,343 words
    • 278 43 Abacus Couriers Tel: 545-8011. Fa*: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Td: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
      278 words
    • 1471 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20 Aerolink Freight International Tel: 545-8031 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Td 542-5454 Fax: *****06. Air Express International Tel 542-7666. Fax: *****74. *****50 Air
      1,471 words
    • 2316 44 ALBANIA Duress: One vessel discharging bulk wheat, 2 vessels in roads of which 1 for loading chrome ore, 1 for discharging roof tiles. ANGOLA Luanda: Spanish fishing fleet has now sailed from the port. Berths available at container and general cargo quays. No congestion reported. Lobito, Namibe: Both
      2,316 words
    • 1121 44 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  -  1,121 words
    • 554 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 I TYO KAL
      554 words
    • 628 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA t ID Ports of Calls Port Agent Telephone No DECEMBER 07 07 Island Pnnccss 0800 2359 Port Klang Sin Straits Shpg 225-0788 Am penan 07 07 Sea Goddess 2 0700 1700 Port Klang Sin Jardine Shpg Agencies 224-1052 Port
      628 words
    • 1343 45 THE Baltic Freight Index for spot dry cargo shipping rates remained unchanged at 1,253 on Friday. Pace quickened for handysized and handymax bulk carriers on the freight market in the Atlantic, but rates have yet to move significantly, broke rs said. LD-Seals paid US$l4,OOO daily for a Tess
      1,343 words
    • 844 45 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
      844 words
    • 1041 46 European forwarders are offering better rates than the ocean carriers they use American Shipper US freight forwarders are finding it increasingly difficult to compete with the largest European forwarding organisations, largely as an unintended result of the serv ice contract provisions of the Shipping
      American Shipper  -  1,041 words
    • AIR AND LAND TRANSPORT NEWS
      • 462 48 Bernama KUALA LUMPUR Asian airlines are expected to acquire 3,000 aircraft valued at about USS24S billion (***** billion) between this year and the year 2010, says the Boeing Commercial Airplane Group. The amount was more than 30 per cent of the
        Bernama  -  462 words
      • 298 48 FT LONDON British Rail last week moved swiftly to counter fears of further delays to its high-profile Eurostar passenger services through the Channel Tunnel after revealing an embarrassing technical problem on the British end of the route. The Eurostar prototype, which is being tested
        FT  -  298 words
      • 306 48 Bloomberg Business News AP. NEW YORK The biggest airlines in the US cut winter fares by up to 35 per cent, in an effort to get people who usually stay home after the holidays to go somewhere. Travellers, who were to
        Bloomberg Business News; AP.  -  306 words
      • 346 48 Reuter BONN German railways could break even as soon as 1994 as a result of its privatisation which includes having its debt written off. chairman Heinz Ducrr said last Sunday. Mr Duerr told the Well am Sonntag newspaper, however, that this forecast depended
        Reuter  -  346 words
      • LOG BOOK
        • 72 48 Reuter TOKYO All Nippon Airways Co Ltd (ANA) will pull out ot the Narita-Brussels service it operates with Sabena Belgian World Airlines at the end of March 1994, an ANA spokesman said yesterday. Demand has fallen for the route and ANA has increased
          Reuter  -  72 words
        • 97 48 AFP MOSCOW Russian military aircraft builder Sukhoi has launched its first civilian airliner project, for the development of a second-generation supersonic aircraft. Itar-Tass news agency said last Saturday. The aircraft capable of carrying 68 passengers over 9.200 kilometres will be able to fly at low
          AFP  -  97 words
        • 55 48 Reuter MANILA Typhoon Lola swept across the Philippines yesterday. spawning floods and landslides and shutting down Manila airport. After a night of heavy rain and strong winds. Manila airport was closed until at least the afternoon when Lola was due to have moved out into
          Reuter  -  55 words
        • 128 48 Reuter WASHINGTON Twenty-three people were pulled from raging seas after their fishing boat capsized in Chesepeake Bay on Sunday and one later died in hospital, the Coast Guard said. The El Toro. which operates from Ridge. Maryland, sent a distress signal at 2.25pm EST
          Reuter  -  128 words
        • 58 48 UPI BUENOS AIRES The president of Aerolineas Argentinas says the carrier has chalked up losses of USS236 million (***** million) this year and could go out of business next March if it does not obtain loans or new capital. The airline is majority owned by
          UPI  -  58 words
      • 254 48 Bloomberg Business News LONDON British Midland chairman Michael Bishop has said he suspects some airlines that announced plans for a price war on selected routes last week are using state funds to achieve the reductions. "I'm sure they are using state aid
        Bloomberg Business News  -  254 words
      • 1380 48 Oty Fl» CT* Fight ETB^ Abu Dhabi GA893 1655 GA892 0100 GA974 2325 GA984 2340 Adelaide QF8I 1935 Qf82 2050 SQ228 2105 Amsterdam SQ25 0635 GA892 0100 KL837 1540 KL844 0535 GA893 1655 SQ320 1100 SQ323 1725 GA974 2325 KL838 2335 SQ26 2355 Athens SQ348 2250
        1,380 words
      • 456 48 FT LONDON Volvo and Renault are like two lovers who cancelled their wedding on the eve of the ceremony. Now they have to pick up the pieces of their broken relationship and see what can be salvaged. This will not
        FT  -  456 words
  • Page 29 Advertisements
    • 29 29 If you want it yesterday, j Fly it with us today, a jar jmk. Member ASM f Jf j GRIFFIN KINETIC *****33 Secondary market in contract rates. Page 18
      29 words
    • 32 29 Asian airlines to buy LSs24sb worth of planes. Back Page Lines and services represented by Members ef the Registry ef Accredited pinglssoSSSi' S<ngapofe Natk>nal for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      32 words
    • 165 29 %±7AM-Rf M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CA LL: 00Q00&0 1 INTRODUCING EXPRESSRAIL'S EXPANDED ON-DOCK SERVICE. Seamless, on-dock transfers are only part of it The Port of New York New Jersey offers the most first-in/last-out sailings and new, daily double-stack service via Conrail and CP Rail. So
      165 words

  • Page 30 Advertisements
    • 440 30 TSKLINE AGENCIES (S) PTE. LTD. I W TTkTTn Tel: 226-3363 JL UrMr, 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I i UI iiitu mmi err"' aiia:' '-'--m M-'i'ri ira-y' ■lij'l -'"'-V 1 ■jj.vi: -yj'j" "—~i S—2l sH 51—=1 50 HP 35 !SI CAP SATUW 61 0112
      440 words
    • 1677 30 wraCT to m« wit comt iio-oow c»l»ow* pw|»«i I wur«anMMiii«ucamii»wwii -ISO, BB__I2SK L 4 OH >a g> cuc m m I*" 1«" I »tw Imb I ««i |«taw»| n iap| latum! but I mmul m I caßT«g»| in— CAIIfORHA SATURN 61 89 12 25 12 J? O*T 30 1? I
      1,677 words

  • Page 31 Advertisements
    • 2186 31 L 3 2 BH PP,NG AGENC,ES pt???NVM^EL A o! M 7s^7^AX 1W 5:*****42 DOCUMENTATION TEL. *****55 (INWARD)/*****90 (OUTWARD) T 626M1 CFS TEL: *****6 H BOOKINGS TEL: *****80 *****81/ *****82 p FAX *****4 fOPNSI CFS (PSA F5) TEL: *****21/ *****79 TEL *****2/3 *****4 (OPNS) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL.
      2,186 words
    • 1908 31 ■aiViHiHHWI* SAILINGS TO HONG KONG/TAIWAN/JAPAN/KOREA/CHINA MAYVIEW MAERSK V.9402 ETA SIN 14TH DECEMBER 1993 ANDERS MAERSK V.9320 ETA SIN 15TH DECEMBER 1993 VMM Voy ETA ETD FMr Dy S L r- T r°" DESTINATIONS Th»« mayview MAERSK V9«H cy i«/i2 oaoo hrs CFS 13/12 2339 MRS JOH LPK PEN OAK LGB
      1,908 words

  • Page 32 Advertisements
    • 1586 32 AQABA RDAM/I LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDPAH (VIA JED) S TON H BURG A WERP HAVRE yyggj MALAYSIA ELBE 19/146 8/12 27/12 30/12 28/12 Pofl Kelang, Perang HANNOVER EXPRESS 17/348 12/12 20/12 27/12 29/12 2/1 4/1 6/1 Pasir GuOang THAMES 20/ I*9 15/12 2/1 5/1 4/1
      1,586 words
    • 578 32 FCL Breakbulk Service to: AFGHANISTAN MSM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vottochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocTiSTrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN CGM KORRIGAN V.2433 l N
      578 words
    • 1111 32 NORASIA 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 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 3 23/12 12/01 15/01 16/01 16/01 17/01 18/01 19/01 20/01 21/01 I NORASIA MUBARAK 9350-3 29/12 19/01 22/01
      1,111 words

  • Page 33 Advertisements
    • 1920 33 Jb» m STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 IBS*) NEW GUINEA PACIFIC LINE lUlMfflJUSKiliiilßMilMiiU (a service of china navigation co> cargo" due sahs SIR/UTS VENTURE ¥30C Muari. Lab 07 Dec 0« Dec FCL, LCI CONTAINER ANO BREAKBULK SERVICE TO
      1,920 words
    • 2727 33 SINGAPORE AGENT: MIjCI PAnfoitiaf*C P&O Containers (Singapore Agencies) Pte Ltd X B i\l W jill I L/i 1 I ILII 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 w Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 IF CR Number: **********0Z EXPORT IMPORT V E s«
      2,727 words

  • Page 34 Advertisements
    • 540 34 ifK EKA JAYA AGENCIES >3KBr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE L MYANMAR TRADE PAQtB IHAWOPHONE/MHECT WIUIAM WK ZUHa 7220a0«/s3»M3a HQ cm MWW CITY HtWBT H9C 2HOM4 7275«2«/534m4 KELVIW CHAW IWtl BBBfIMB TO MYANMAR/YANGON SEMI CONTAINER SERVICE M OCEANLINES Wt/KOT STOW TBN 21/12 27/12 1/1 YANGON
      540 words
    • 1469 34 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FOR VSL 5 Lit HAUL SEA TW POI FOR VSL SM |UC HAUL SAV IM NTC HANJIN VANCOUVER 01SC 10 12 DHCT 30/12 31/12 1/1 HAN*! VANCOUVER 01SC 10/12 M PROSPERITY 0331 13/1 14/1 16/1
      1,469 words
    • 1446 34 =i Tj d■ 1H ■1d d Inu UP ISC wc uc rus WT 0» HET SM2 ITO IU CMS BU NTC LH) M> RM nr WK P9 aa m I I GLORY KOH 7/12 1/12 11/12 IS/12 17/12 21/12 21/12 23/12 24 12 21/12 25/12 7/1 11/1 21/1 22/1 1/2
      1,446 words

  • Page 35 Advertisements
    • 2488 35 SCX: 'CALIFORNIA SATURN 61E' ETA SGP 08/12/93 II II ARRIVING LOS ANGELES 25/12/93 IN 16 DAYS |l I AEX: 'NEPTUNE PEARL 12E' ETA sgp 08/12/93 HI II ARRIVING MEW YOBK 31/12/93 IN 22 DATS 11 I *R1 Connecting Neptune Cyphm Voy OX In HK6 08/01/94 *R2 Connecting California Saturn 62E
      2,488 words
    • 1148 35 0 SINGAPORE SOVET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 MSJOk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 m MARINE INSURANCE: INVENTORY: *****59 WIMW (I AGENTS: KL: 03-*****75/697 PKLG: *****43/ *****40
      1,148 words

  • Page 36 Advertisements
    • 1829 36 AS AGENTS "IT LINE (SIN6APONE) PTE LTD (CH No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I W MALAYSIA "I" LINE MARITIME (MALAYSIA) SON BHO I JL MmJt TEL SA *****00 PK *****75 PEN *****0 jB 236 id PGu *****5 6 INDONESIA P.T. SARANA LAUT INTERNUSA. TEL JKT
      1,829 words
    • 1044 36 PHIU-OftICNT LI MS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 11 DEC SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 1 11 DEC AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH, NAPIER. CHRISTCHURCH
      1,044 words

  • Page 37 Advertisements
    • 956 37 f PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I IV CR NO **********0F I VESSEL VOY SIN CMB JIB JED AQJ AOE HOD PZU ASA KOTA WIRAWAN WRNO3S It/12 23/12 29/12 1/1 3/1 31/12 1/1 4/1 KOTA WUAVA WJAO3S 27/12 1/1 7/1 9/1
      956 words
    • 1159 37 VESSELS M)Y SPORt HAMBURG ROTTERDAM ANTWERP THAMES LE HARVE ~1 IMH CARMEA 7331W 00/12 31/12 0? 01 j_ 03 01 OA 01 06 01 MLU 01 SOWS 0131W M/ 01 10 01 11/01 12/01 14/01 warn metdow* X3iw 22/12 i»/oi 20/01 21 01 ??_oi M/ 01 MILE p- AQUR.A 7431W
      1,159 words
    • 405 37 BSA A M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Kit Pen P.Gdf PAGAN V2O3W 10/12 DM MtRGUt VI2IN 14/16 DK HP* AN VI9OW 23/26 Dec MAUm AGENTS BOUSTIAC SHTPWC AGENCES All TEL 03 *****00 PKL TIL 03 *****(7 PEN TU 04 *****5
      405 words



  • Page 40 Advertisements
    • 2759 40 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents; Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pie Ltd Shippmg Freight Booking Centre Sdn Bhd 58 Persiarao Rati Muda Una Lot 3.34, 3rd Floor, 11. IK. H. Juanda
      2,759 words

  • Page 41 Advertisements
    • 646 41 (it FAMOUS CONTAINER LINES 10 ANSON RD #15-21 INTERNATIUNAL PLAZA, S PURE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 13/12 ROTTERDAM 13/12 AARHUS/ COKtNHAIit N 13/12 HAMBURG/BRtMtN 13/12 MARStILLt/fRANtt 14/12 FLLIXSIOWL/UK 13/12 BARCELONA/SPAIN 9/12 LEHAVRE/ERANCE 13/12 GENOA/ITALY 11/12 ANTWERP/BELGIUM 13/12 LOS ANGELES/WC/IPI 12/12 SYDNEY/MELBOURNE 8/12 NEW YORK/EC 10/12 FREMANTLE/ADELAIDE 10/12
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    • 1099 41 "«^->r*».¥:'W^RS*Bbwfegs:^R^^M mm*hiuWtn? 11 I ;vessel voy SN JKT VOY PIN HBKUkHiHBH >| WANA BHUM 20SS W«L _|/12_ _Ssl_ U/12. j B SEROJA 740N Fri 110/12 M K| VESSEL VOY SIN »KK i CHAIYA BHUM 29S __F n 10/12 Tw 14/12 PERKASA 11M Fn 10/12 Tw 14/lir I^B l| XETHA BHUM
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    • 604 41 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG HO CHI MINH MANILA CEBU •SURABAYA* PENANG HONGKONG We also serve other ports: USA, El ROPE, CHINA AND ALL DESTINATIONS pi DONGNAMA LINE COHT/UHPMID BgWV>CE BTRAITB/BtW/IWC/BW «ssu sk nie aw w b»mc HRELJM V3O4N 9/12 11/12 12/12 13/12 24/12 2C/12 TtISOAS
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  • Page 42 Advertisements
    • 1667 42 ■JkflMN CONTAINER LINES I MAC-NELB SPORE: *****22 (24 LINEB) Uv 'c/w Mac ÜBOS7MOOOC SJBU (064) *****9 KUCHING (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 8/12 9/12
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    • 126 42 INDOJAYA SHIPPING TRADING PTE LTD J i 1 WEEKLY TO JAKARTA/SURABAYA 1 jj J Vaaaal ETA/ETD DESTINATION J n Nantai I 17-10 Dac Jakarta/Palambang a Pinang Jaya 14-15 Dac Jakarta/Patambang Parita Intan 4- 6 Dac Jakarta/Palambang Maajiya 7- t Dac Jakarta/Palambang Nantai II 9-11 Dac Jakarta/Palambang a Waaian 14-15 Dac
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    • 185 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA £T» rr» SFOM POUT KOAK PtNANG BIU MUX 15/12 loading lor KUIt KUVU HUDHU 25/12 Divharpng and Lojdmj tor Bombay oanw 9/12 Loading For Ma» HOME* SUPKME 14/12 U/12 lojdifl| For Mate UMCEDH 20/12 Loading For Malt NIOGKSS LBOtTT 18/12 Loading
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    • 1040 42 O THONG SOON LINES PTE LTD I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \J \y TEL: 227-5088 FAX: 227-6011 I T l RS 252 08 CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY "SPORE PEST VESSEL IvOY IS'PORE PEST EQUATOR 111 108/3E 09 DEC
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  • Page 45 Advertisements
    • 59 45 —-i f Tfie Executive Housekeeper -this Mb|Y|^ O I I wants >s me. Sot I'll never neglect I I V -fchfe bab/ J Any Job.any Career. Available Any Day. Any Time. Anywhere. The straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY
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    • 19 45 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. vsiNdAPonh# rn Business Times wtKmmAOA
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  • Page 45 Miscellaneous
    • 712 45 TODAY'S TIDES (heiflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 09 1.2 1.6 2.0 2.3 2.4 2.4 2.1 1.1 1.5 1.3 1.2 1.3 1.5 1.9 22 2.4 2.5 2.4 2.1
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  • Page 46 Advertisements
    • 706 46 5 VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANIA VIGOUR SINGAPORE 68NB 10/12, 93," T 18 12 93 VIGOUR SINGAPORE 68ANB 13/12 93 93 IOAHNG EVERY VIGOUR PACIFIC 33N8 17/12/93 25/12/93 Y MID K*®** VIGOUR PACIFIC 33ANB 20/12/93 25/12/93 pokt klan<vp£nanq full VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR SINGAPORE
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    • 357 46 ©APPENSHIP (g\ HAMBURG ITTJ CONVENTIONAL A INDEPENDENT LINER SERVICE S EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR VASILIY KOVAL PORT SAID 19 1193 SPORE 13/12 BKK 18/12 FORUM AKASAKA ANTWERP OS 1193 SPORE 14/12 HARMONY SEA 13.11.93 SPORE 20/12 KOALA CONTAINER LINE STORE
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    • 387 46 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 28/12 Rotter dam /Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICEB (FCL/FCL) EXPORT TO: CMNA/BANGK OK/HONGKONG EUROPE/CONTINENT At WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI
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  • Page 47 Advertisements
    • 912 47 1 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA PKE PGP VESSELS VOY_ SIN RTM AWT* LEH* HAM BKEj FEL NORASIA MALACCA 9334 A 08/12 09/12 10/12 H. FRONTIER 308* 13/12 05/01 06/01 OS/01 01/01 01/01 04/01 HMM ADVANCE 33A 15/12 16/12 17/12 H.
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    • 492 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS YISSU 101 Jf Ml ROC AR COSMIC TUMI (2 IS/12 27/12 cosibc noon u sio in THIS mo (I 1/12 11/12 SOM4I 24 11/12 11/12 MM HUI 22 12/12 ORARCI MOOR 40 1/12 10/12 SIMMS 70 IS 12 SMI
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    • 928 47 VESSEL VOY SIN ETA/P 1 LAX OAK CH 1 DAL HOI/COl IHOU 1 NYC 1 NOR ALLIGATOR VICTORY 49A 09 10/12 26/1? 21/12 29/12 30/12 30/1? 31/12 31/12 01/01 HEWtY HUDSON BRPGE 71A 16 17/12 02/01 04/01 05/01 06/01 06/01 07/01 07/01 01/01 ALLIGATOR TRIUMPH 51A 23-?4/12 09/01 11/01 12/01
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