The Business Times, 9 December 1993

Microfilm: NL18967
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday December 9 1993 75"
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 4 pts
      46 1 Reuter NEW YORK Wall Street shares held a mixed tone in afternoon trading, with blue chips again posting a small gain but the broad market holding at weaker levels. The Dow was up 4.47 points at 3.723.35 at Ipm EST. Reuter
      Reuter  -  46 words
    • Article
      Lock icon US inflation stable, says Fed
      89 1 Bloomberg Business News WASHINGTON Inflation in the United States remains restrained as the country's cconomy grows at a moderate pace, the Federal Reserve System said yesterday in its "Beige Book" report on current economic conditions. The Beige Book will form a basis for discussions when
      Bloomberg Business News  -  89 words
  • Article, Illustration
    MARKET SUMMARY
    119 1 Stock market indices Friday Change STII 2.159.21 -4 33 KLSE Composite 1 .060.79 -2.46 Nikkei 16.507.45 -395.54 Hang Seng 9.750.23 t-13.66 SET Index 1.436 92 -5.64 Jakarta omposite ...523.32 -0 09 C'LSA China B 1 .314 61 -2 81 Ausl All Ord 2.096 *22.1 FTSE 100 3.277.4 +40.1
    119 words
  • Article
    Lock icon Productivity in US makes sharp gain
    149 1 AP WASHINGTON The productivity of American workers shot up at a 4.3 per cent annual rate from July through September, the first advance in six months and the biggest in more than six years, the government said yesterday. The Labour Department said the revised
    AP  -  149 words
  • Article, Illustration
    Lock icon Eager developers create housing hot spot in Bt Timah
    467 1  -  By Lilian Ang SINGAPORE A new housing hot spot is emerging in Hillvicw and Upper Bukit Timah, where developers arc jostling to buy land currently zoned for industrial use. Figures compiled by property consultants show that more than $400 million worth
    Source:JLW Research  -  467 words
  • Article
    Lock icon Optimism as US and EC strive to save trade deal
    584 1 AFP, Reuter, Bloomberg Business News GENEVA The United States and the European Community yesterday embarked on a feverish final drive to complete a world trade pact by Dec 15. seeking to sell their hardfought bilateral deal to 102 other countries.
    AFP,; Reuter,; Bloomberg Business News  -  584 words
  • Article
    Lock icon Accounting tricks fool many London analysts: study
    288 1 FT LONDON In spite of their telephone-number salaries, many City of London analysts have proved incapable of understanding company accounts, according to an academic study released on Tuesday. Just a handful of analysts were able to see through the most elementary forms of
    FT  -  288 words
  • Article, Illustration
    Lock icon Swiss Bank to issue covered warrants for F&N shares
    386 1  -  By Genevieve Cua SINGAPORE Swiss Bank Corporation intends to issue two-year covered warrants for Fraser Neave shares, in a move that should further boost the derivatives market here. The bank said yesterday it planned to issue six million warrants 1993-95, relating
    Source: Bloomberg  -  386 words
  • Article, Illustration
    Profit-taking brings down prices in most Asian markets
    344 1  -  By R Sivanithy SINGAPORE After soaring to record levels on Tuesday, regional stock markets yesterday turned in a mixed set of performances, with only prices in Hongkong and Manila extending their gains. All five major regional markets had on Tuesday closed at
    344 words
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      99 1 if" Burberrysl »ECD C/»; Reigns when it pours c*xxxxxxxxx***.x.x CONTENTS ypw? News 2 Spore* sia 21.22.23 Repooai News 3,4,6 Financial 26,27 vtorid News 8.9 Faatwes Mariiets Analysis 19 CM)/KLS£. SIS 30 32 Editorial 18 28 Sports 14 Work) 2i TV/Lifestyte 13 Currencies 28 Law 15 Sdnex/Commo .26,27 Sabscrtptioii Tel 1800
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      15 1 Law: pk is Living wills Small developers muscle in on the land race. Page 2
      15 words
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      26 1 Hock Lock Siew: pg 21 /< y The Keppel-Sembawang fight for Phils&ed EDITORIAL A Gatt cliffhanger, Page 18 News Corp backs down on super shares, Page 23
      26 words
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      13 1 I II N E T T E _j_H^fcfcJ Full reports on Pages 28-32
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Tourist card spending still rising
        316 2  -  Bv Corinne kerk TOURIST spending as measured by the amount charged to Visa cards continued to pick up during the third quarter. After a few quarters of negative or sluggish growth. Visa billings of foreigners in Singapore grew 5.5 per cent during the July-September quarter,
        Source: Visa Intl  -  316 words
    • NEWS ROUNDUP
      • Article
        National awareness programme
        54 2 A FIVE-DAY residential programme on national awareness is being attended by 95 trainee teachers. The programme, conducted by the Ministry of Defence and the National Institute of Education, began on Monday at Nee Soon Camp. It aims to impart nation-building values to trainee teachers, so they can
        54 words
      • Article
        Mindef departments move to Depot Rd
        72 2 THREE Ministry of Defence departments are on the move from Cable Car Towers to new premises at Depot Road Camp. The National Service Personnel Centre, formerly the Reserve Personnel Centre, is at Tower B 11th storey, Depot Road, from today. The Mindef Notification Centre
        72 words
      • Article
        Corrections and Clarifications
        35 2 COMPLANT International says the estimated turnover of its Singapore office, which opened yesterday, is Ss3o million to Ssso million a year not Ss3 billion to Sss billion as reported in BT yesterday.
        35 words
    • Article, Illustration
      Lock icon Taiwan's Acer first Asian firm to get S'pore OHQ status
      396 2  -  By Joseph Rajendran LEADING Taiwan PC maker Acer Computer was awarded operational headquarters status yesterday by the Economic Development Board. According to the EDB. Acer is the first Asian company to be awarded the status, which conveys benefits that include
      Photo by Jiro Ose of The Straits Times  -  396 words
    • Article
      No of S'pore students abroad double: report
      400 2  -  By Anna Teo ASIAN countries Korea. China, Japan. India and Singapore saw sharp increases in the number of their citizens studying overseas in the last decade, according to the 1993 World Education Report. According to the study by the United Nations Educational, Scientific
      400 words
    • Article, Illustration
      Lock icon Kah Motor to open new Honda centre next year
      98 2 LOCAL vehicle distributor Kah Motor said yesterday it expected to open its new Honda centre in Übi Road by the end of next year. Piling and foundation work has already begun on the 533.55 million centre, which will house Honda's marketing,
      Photo by Yow Yun Woh of The Straits Times  -  98 words
    • Article
      SIM first Asian training institute to get ISO 9000
      117 2 THE Singapore Institute of Management (SIM) yesterday became the first educational and training institute in Asia to receive an ISO 9000 certification. The ISO 9002 rating was awarded by the Singapore Institute of Standards and Industrial Research (Sisir) following a rigorous
      117 words
    • Article
      Smalltimers in Hillview/Upp B Timah land bank race
      467 2 THE huge potential of the Hillview and Upper Bukit Timah eondominium market has encouraged small developers to join the race to build up a land bank in the area. Until recently, tracts of land there were dominated by major players such as
      467 words
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      254 2 S VENTURING INTO SHARES? S g WE HAVE THE CASH! *j| fjS For more information call Sjß j 1800 *****10 toll-free and make it with us. |g MAKING IT WITH TOU ODBSFINANCE g PICKS We are our newsletter Strategies, completely free of charge. We M want to demonstrate to you
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      99 2 7D/5N SHOPPING IN I I TWl^ lUR FLY N DRIVE I tSSTtSL fJ 1 £20 Shopping Voucher (Marks Return Airfare Spencer) 5 Nights accommodation in SB v ti i <;k r Consort Hotels I FREE EASY Your own Harrods Shopping Bag nKH Daily Breafkfast J Return Airfare L. A wms
      99 words
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  • THE REGION
    • Article
      Hanoi revokes 114 investment licences
      415 3  -  Reports by Harish Mehta SINGAPORE Vietnam has cancelled foreign investment licences of 114 projects, some of them run by get-rich-quick foreign businessmen who have violated their contracts, and others that have flopped. A top Hanoi investment official said yesterday some of these were companies from
      415 words
    • Article
      Vietnam set to post trade surplus for second year running
      323 3 SINGAPORE Vietnam is set to achieve a trade surplus this year for the second year running. It is also aiming for a rise of more than 20 per cent in its burgeoning foreign trade, says Hoang Ngoc Cu, deputy direc-tor-general
      323 words
    • Article
      Lock icon No need for Keating to apologise, says Aussie minister
      359 3 AFP LANGKAWI, Malaysia Australian Defence Minister Robert Ray said yesterday Canberra would react in a measured way to any fresh decisions taken by the Malaysian Cabinet against Canberra as a bilateral row threatened to explode into a diplomatic crisis. Mr Ray
      AFP  -  359 words
    • Article
      Lock icon Indon army chief criticises union leaders for failing workers
      158 3 AFP JAKARTA Indonesian Armed Forces Commander Feisal Tanjung has criticised the leaders of the state-spon-sored All Indonesian Workers Association (SPSI) for failing to represent its members' interests. "Many local officials of the SPSI have been used as tools to oppress workers,"
      AFP  -  158 words
    • Article, Illustration
      S'pore, Johor, Indon officials to meet on Growth Triangle
      453 3  -  By Abdul Hadhi JOHOR BARU Officials from Johor, Singapore and Indonesia will meet next month to discuss a memorandum of understanding on the "Growth Triangle". Speaking yesterday after the launch of a publication on the Johor Baru property market, the state's
      453 words
    • Article
      Lock icon Indonesia to start importing cement next year to overcome shortage
      226 3 Reuter JAKARTA Indonesia will start importing cement to overcome current shortages with initial shipments of 100,000 tonnes expected early next year, an official said. "We will help about 10 companies which are our members import 100,000 tonnes of cement to
      Reuter  -  226 words
    • ASIA NOTES
      • Article
        Lock icon Japan pledges 34b rupees to India
        108 4 Knight-Ridder NEW DtLHI Japan has pledged a 34.48 billion rupee (SSI.7 billion) eoneessional loan to India in the current 1993-94 (April/March) fiscal year, up from 22.50 billion rupees a year earlier. Japanese ambassador Chusei Yamada and Indian Finance Secretary Montek Singh Ahluwalia the top
        Knight-Ridder  -  108 words
      • Article, Illustration
        Lock icon In memory of the Walrus
        59 4 Reuter HANOI There are no strawberry fields here but the Vietnamese have nonetheless come to know and love The Beatles. An influence of the War, perhaps? Here, tickets for a local rock concert in memory of John Lennon are on sale. The former Beatle was
        Reuter  -  59 words
      • Article
        Lock icon Taiwan may get US jet trainers
        109 4 Reuter TAIPEI Taiwan hopes to take delivery of 40 T-38 advanced trainer jet aircraft leased from the US next year. Defence Minister Sun Chen says. A three-year leasing of the jets at a total cost of US$6l million (SS97 million) would fill gaps in
        Reuter  -  109 words
      • Article
        Lock icon Death penalty for 13 crimes
        94 4 Reuter MANILA The Philippine Congress yesterday approved a law restoring the death penalty for 13 crimes, including plundering the national Treasury. Filipinos guilty of murder, treason, rape, drug-related crimes, piracy, parricide, infanticide, robbery, bribery, plunder and kidnap will be sent to the gas chamber. Under
        Reuter  -  94 words
      • Article
        Lock icon Indonesia to award power projects
        67 4 Bloomberg Business News JAKARTA The Indonesian government will offer contracts to private companies for four power projects with a total capacity of 580 megawatts, the Jakarta Post said. The private companies will sell their electricity to Jakarta's state electricity company, it said. The government may
        Bloomberg Business News  -  67 words
    • Article
      Lock icon Chinese authorities ignore anti-pollution laws
      170 4 AFP BEIJING Pollution is a growing problem in China because local officials prefer to focus more on making money than protecting the environment. Beijing's official China Daily said yesterday. According to the Englishlanguage daily newspaper, a recent report by the State Environmental Protection Agency (Sepa)
      AFP  -  170 words
    • Article
      Lock icon Sino-UK talks on HK's future cannot be revived: China
      444 4 Reuter, Bernama-Kyodo HONGKONG China has confirmed that talks with Britain on Hongkong's political future arc truly over and cannot be revived. Lee Wuiting. assistant director at Xinhua News Agency. China's dc Judo embassy in Hongkong, was quoted yesterday as saying there
      Reuter,; Bernama-Kyodo  -  444 words
    • Article, Illustration
      Lock icon Protecting Santa from air pollution
      61 4 AFP BEIJING Santa Claus has come to town all wrapped up in plastic and sitting in front of a Beijing Friendship Store. The covering is to protect Father Christinas from Beijing's notorious coal dust air pollution. When unveiled nearer Christmas, the huge Santa will greet
      AFP  -  61 words
    • Article
      Lock icon Seoul parliament passes budget, higher rice subsidies
      222 4 Reuter SEOUL The South Korean parliament has approved a 43.25 trillion won (5584.9 billion) state budget for 1994 and higher rice subsidies, a parliamentary spokesman said yesterday. The budget for calendar 1994. passed late on Tuesday, is a 13.7 per cent increase from
      Reuter  -  222 words
    • Article
      Lock icon Beijing will renew ties only if French stop arms sales to Taipei
      435 4 AFP BEIJING The Beijing government wants to "turn the page" and normalise relations as quickly as possible with Paris. but only if France quits selling arms to Taiwan, a Chinese government source said yesterday. "We are now discussing
      AFP  -  435 words
    • Article
      Lock icon China's economic zones post US$1.3b trade deficit
      228 4 AFP BEIJING China's five special economic zones (SEZ) registered a deficit of US$l.32 billion (Ss2.l billion) on foreign trade of U5521.66 billion between January and October, the China Daily reported yesterday. The total value of SEZ foreign trade was up 16.1 percent on
      AFP  -  228 words
    • Article
      Lock icon Taiwan may bow to international pressure to open rice market
      312 4 AFP TAIPEI Despite threats by farmers to stage island-wide protests. Taiwan may follow Japan and South Korea to bow to international pressure to open its rice market. Officials have either hinted or said outright that imports of rice are inevitable
      AFP  -  312 words
    • Article
      Lock icon Hosokawa pledges more measures to stimulate economy
      371 6 Bloomberg Business News TOKYO Japanese Prime Minister Morihiro Hosokawa said the government will take further measures to stimulate the economy, the Nikkei Hnglish Men's reported. Speaking at the Industry and Labour round-table conference, the Labour Minister's private discussion panel, Mr Hosokawa said: "Ensuring
      Bloomberg Business News  -  371 words
    • Article
      Lock icon Clamour for end to high Aussie jobless rate
      265 6 KnightRidder SYDNEY Pressure for radical solutions to reduce Australia's stubbornly high unemployment rate is expected to intensify with today's release of November labour force data. Economists say the figures are unlikely to show much improvement in the labour market beyond a seasonal
      Knight- Ridder  -  265 words
    • Article
      Lock icon Japan's defence agency to change focus of army exercises
      227 6 AFP TOKYO Japan has decided to shift the focus of army exercises in Hokkaido to the mainland and southern Japan in future because of instability on the Korean peninsula and the break up of the former Soviet Union, it was reported
      AFP  -  227 words
    • Article, Illustration
      Lock icon Praying for Indian forces to withdraw
      49 6 Reuter SRINAGAR, India Muslim women praying outside the Hazratbal Shrine in Srinagar on Tuesday. The shrine was the site of a three-week-long siege in November. Muslims are refusing to enter Kashmir's holiest temple until Indian security forces are withdrawn from the vicinity. Reuter
      Reuter  -  49 words
    • Article
      Lock icon NZ govt warned not to loosen spending controls
      392 6 Reuter WELLINGTON New Zealand's independent central bank, happy with the growing pace of economic recovery, warned the conservative government yesterday that it would take action if spending controls were loosened. The Reserve Bank of New Zealand (RBNZ) said in its twice-yearly monetary
      Reuter  -  392 words
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      280 words
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      156 3 The rare perfection of Patek Philippe at The Hour Glass. -V jrf| ■■k 'V ~^jm j should mm H quisite features that hallmark be a relaxed and comfortable each Especially when you're collection. considering the rare per- ourselves as connoisseurs. And our customers as fellow The Hour you're collectors. treated
      156 words
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      42 5 mM don'T H CRACK "I UNDER X PRESSURE Kb '|f* 1 US b^ The 6000 series. 18 karat solid qold and fine brushed steel. ISP Exclusive bracelet design. Scratch-resistant sapphire cr^sl:a w ma 9 n| f' e d date R;^. I I
      42 words
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      228 6 Brilliance At Work. With our new 9000 Series Projectors, everything you present is brilliant. For sharper and brighter images, use any of the new overhead projectors from 3M. Right away, you'll see the unsurpassed clarity that adds a never-before-seen brilliance to your presentations. Whether you're presenting black-and-white or color transparencies
      228 words
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      125 6 I I tJus/tl c Pleio pi now m a quay. Ny <&ntro</ac4np ICanp Jjfcasip <Sinyafiore'& new kJu kJ .tay&x/ restaurant (Ae rtoer. 'ft&ere toe're a// set to- jsjl kV maAe a sfi/asA untA an eaxxttnp variety I U ctustne /toe sea/aoc/ firefiarcc/ ant A (Ae fj^ rOj uunuta^c cTeocAeio-Jlcur; Um
      125 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Belgium to propose E Europe food aid
        104 8 Reuter BRUSSELS Belgium, the eurrent president of the European Community, said on Tuesday it will propose sending part of the EC's surplus food stocks to the former Soviet Union and to other needy East European countries. The Brussels summit (this week) would be
        Reuter  -  104 words
      • Article, Illustration
        Lock icon Nobel's wall of fame
        49 8 AFP OSLO Francis Sejersted (right), chairman of the Norwegian Nobel Committee, showing 1993 Peace Prize winner Nelson Mandela the photos of previous winners on Tuesday. The photos of Mr Mandela and co-winner South African President F W De KJerk are already on the wall. AFP
        AFP  -  49 words
      • Article
        Lock icon Campbell to quit as party head?
        85 8 AP OTTAWA Former Prime Minister Kim Campbell will step down as leader of Canada's Conservative Party within days, several senior party officials told the Canadian Press news agency on Tuesday. Ms Campbell, who saw her party lose its rule and end up with just
        AP  -  85 words
      • Article
        Lock icon France expects 70b-franc trade surplus
        84 8 Bloomberg Business News PARIS The French government expects a trade surplus of at least 70 billion francs (Ssl9 billion) this year and possibly more. Trade Minister Gerard Longuet said in a speech here yesterday. "It seems realistic to think that 1993 will see a trade
        Bloomberg Business News  -  84 words
      • Article
        Lock icon British parliament approves Budget
        66 8 Reuter LONDON The House of Commons approved Chancellor of the Exchequer Kenneth Clarke's Budget plan, which aims to eliminate the budget deficit by the year 2000 by squeezing spending and raising taxes. At the end of a five-day debate, the Lower House voted by 326 votes
        Reuter  -  66 words
    • Article
      Lock icon German government to reduce spending cuts by 2.9b marks
      276 8 Bloomberg Business News, Reuter BONN The German government is aiming to reduce spending cuts by 2.9 billion deutschemarks (552.7 billion) for 1994, the German Finance Ministry said. This means these savings will need to be found in other areas if the
      Bloomberg Business News,; Reuter  -  276 words
    • Article
      Lock icon Europe, Japan must boost their economies, says US
      448 8 Bloomberg Business News WASHINGTON The economies of Europe and Japan are still mired in recession and those regions must move to boost economic growth and create jobs, US Under Secretary of International Affairs Lawrence Summers said on Tuesday. The growth forecasts for
      Bloomberg Business News  -  448 words
    • Article
      Lock icon EC White Paper details spending plans to year 2000
      257 8 Reuter BRUSSELS The European Commission's White Paper on jobs and growth, which aims for 15 million new jobs in the EC by the end of the century, sees total spending of 574 billion ECUs (551.04 trillion) on a range of projects
      Reuter  -  257 words
    • Article, Illustration
      Lock icon Not by the hair of my chinny, chin, chin
      64 8 Reuter PARIS The zebra crossing was no haven for these members of animal rights group Peta. Their bloodied furs and paintsplattered bodies did not evoke pity from policemen, who arrested them on Tuesday. The demonstrators were part of a larger group
      Reuter  -  64 words
    • Article
      Lock icon End to white rule paves way for aid, oil to S Africa
      490 8 Reuter CAPE TOWN Oil and aid could flow to sanctionsstrapped South Africa soon following the end of exclusive white rule on Tuesday. An all-race Transitional Executive Council (TEC) was installed in Cape Town to oversee the white government
      Reuter  -  490 words
    • Article
      Lock icon Russian economy in best shape since '90, says think-tank
      263 8 Reuter MOSCOW A Russian government think-tank said the economy was in better shape than at any time since the start of the decade. "Russia is now in the best economic situation for the past three years." Andrei lllarionov, a senior official
      Reuter  -  263 words
    • Article
      Lock icon Clinton signs Nafta accord
      157 8 Bloomberg Business News WASHINGTON President Bill Clinton yesterday signed the North American Free Trade Agreement (Nafta), linking the United States. Mexico and Canada in the world's largest free trade zone. At a signing ceremony at the Commerce Department. Mr Clinton said the accord puts the US
      Bloomberg Business News  -  157 words
    • Article
      Lock icon US admits concealing 200 nuclear tests
      265 8 AP. UPI. Reuter WASHINGTON The United States government has coneealed more than 200 nuclear weapon tests since the 1940s and conducted about 800 radiation tests on humans, the Energy Department acknowledged on Tuesday, launching an era of new openness about its highly secret weapons
      AP.; UPI.; Reuter  -  265 words
    • Article, Illustration
      Lock icon Fed, US govt in skirmish over possible rate increase
      343 9 Reuter WASHINGTON The Clinton administration and the Federal Reserve engaged in some gentle skirmishing over economic policy, as Fed officials hinted at the possibility of higher interest rates. Fed vice-chairman David Mullins told an economic forum that he saw early warning
      Reuter  -  343 words
    • Article
      Lock icon UN sanctions hurting economy, says Yugoslavia
      299 9 Reuter UNITED NATIONS Yugoslavia told the United Nations on Tuesday that sanctions imposed 18 months ago had had a devastating effect on its economy. causing losses so far of more than US$2O billion (SS32 billion). In a long and detailed letter to UN Secretary-General
      Reuter  -  299 words
    • Article
      Lock icon 94,000 homes in Britain cut satellite TV subscriptions
      154 9 Reuter LONDON About 94.000 British households cancelled subscriptions to satellite television in the three months to September, twice the number that abandoned dishes in the year-earlier period, the Press Association news agency said. It quoted market research company GfK. as saying the
      Reuter  -  154 words
    • Article
      Lock icon US doctors call for alternative to compulsory insurance
      326 9 NYT NEW ORLEANS The American Medical Association urged Congress on Tuesday to consider alternatives to President Clinton's plan to require all employers to buy health insurance for their employees. But it did not embarrass Mr Clinton by repealing its official policy in
      NYT  -  326 words
    • Article
      Lock icon Brazil announces anti-inflation measures; new currency likely
      387 9 Reuter BRASILIA Brazilian Economy Minister Fernando Henrique Cardoso announced plans on Tuesday to stabilise the economy through an antiinflation price index that could lead to a new currency. Mr Cardoso warned of chaos in Latin America's biggest country if congress blocked the government's
      Reuter  -  387 words
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      241 8 Introducing a new "Sports A timepiece of simplicity Edition" of a classic design: and function: water-resistant The legendary "dot" dial with to 300 metres. The accuracy the sportive spirit of steel of quartz. The ruggedness of ...curved to the wrist. stainless steel The century-old Swiss pride and craftsmanship that are
      241 words
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      70 9 Come for dinner and stay till next year. On New Year's Eve, Capers offers a traditional dinner menu for only $65 per adult and $35** per child. For a truly sumptuous 7-course feast including champagne, reserve a table at Maxim's for only $225 per person. Call 733 8888 today. the
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      381 9 fIBHUHHR ~>!r NOW YOU CAN TYPE PICTURES WITH THE NEW PORTABLE, EASY-TO-USE CANON STARWRITER 95. Now you can create truly professional BUILT-IN BUBBLE JET TECHNOLOGY. Cmumb kM WIT, I*«l WJM.FD l> TMT documents the easy way. On the new Canon jr~ T r-r-i V Having given you everything you need
      381 words
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  • The World's Favourite Airline
    • Article, Illustration
      Lock icon Then
      97 10 Now British Airways archives THE first scheduled service to Singapore left London on 9th December 1933. The service was operated by Imperial Airways and the routing was London, with various intermediate stops to Karachi, and then from Karachi to Singapore via Jodhpur, Delhi, Cawnpore, Allahabad, Calcutta, Akyab, Rangoon, Bangkok
      British Airways archives  -  97 words
    • Article, Illustration
      CELEBRATING 60 YEARS IN SINGAPORE
      907 10 SIXTY years to this very day, British Airways (then called Imperial Airways) launched its first scheduled service between London and Singapore. The maiden flight on December 9, 1933, marked the start of its presence in South-east Asia, which today is the fastest growing aviation market
      907 words
    • Article, Illustration
      Towards providing total customer service
      1027 10 British Airvays is always on the lookout for more ways to enhance its service to customers, both in the air and on the ground. In its unswerving aim to remain the World's Favourite Airline, the airline constantly serves up new and innovative services to its
      1,027 words
    • Article
      Milestones
      207 11 1933 First Imperial Airways scheduled flight from London lands in Singapore 1934 Flying Boat lands at Kallang Basin 1957 Super Constellation lands in Singapore 1958 Comet IV, the first jet aircraft, arrives in Singapore 1965 The first Boeing 747 plane lands here 1967 The first VC-10 arrives at Paya
      207 words
    • Article
      Awards & Accolades
      199 11 Awards Accolades British Airways leading position in world air transport is reflected in its performance in the various award schemes for the airline industry. In fact, the airline has often won the same accolades over and over again. In the past financial year, British Airways once again picked up an
      199 words
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      769 12 6slNoitliing Beats ABudJßlgi OF ■Fpr^i W VouChn Haue W P®NfING 1 L Round CLflgc J l Princess Terrace introduces Penang Supper, after I the popular Penang lunch, dinner and high tea. I i fc\ With some 19 items available from the menu J surely there's something for everyone. From a
      769 words
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      Page 12 Advertisements Column 2
      268 12 WHERE TO WINE, DINE AND ENTERTAIN TIE I VELLOUI RIBBON AT Yellow Ribbon Night, for lovebirds to share fond memories. We'll make your lady feel extra special. One-for-one offer on standard dnnks and fashion show. So bring her over. "N Every Thursday and tie a nbbon. for good old pj
      268 words
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      Page 12 Advertisements Column 3
      344 12 Delectable Yong Dou-Fu Buffet at Chatterbox every Saturday and Sunday. 12.30 pm to 5 pm 514.50 per person $8.50++ per child (below 10 yrm) Mezzanne Sumptuous Continental It Local Afternoon Tea spread at Mezzanine Lounge. Daily. 2 pm to 6 pm $16.00 per person $10.00++ per child (below 10 yrs)
      344 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Charles chooses crown over love
      615 13  -  Britain's Prince of Wales insists he will become king, reports Anne Senior Anne Senior Reuter PRINCE CHARLES said yesterday he was determined to become king and would not let a failed marriage or reports of an alleged adulterous affair deprive him of the British crown.
      Reuter  -  615 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      271 13 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 BIK 833 ***** ROYALVtLLEBUKITTIMAH ROAD SINGAPORE 1027 TEL: 469 4920.
      271 words
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      Page 13 Advertisements Column 2
      71 13 Lobster Salad "V with Fresh Fruit Shark's Fin V, with Spring Deep Fried Prawns /I Red Fish with yiS»Bß»^"v3p r f\y 7 Soya Bean Crumbs I Sesame Lemon Chicken ¥T" C\ w Seasonal Vegetable o 1 with Black rar> B Fried Noodles |7 e f| Daily 11am-2 45pm I MAPLE
      71 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1216 13 I TV RADIO HnrrnTonnH The Hidden. 10.30pm, SBC 5 1 An alien takes over the on 4F)V Michael Nouri is the cop put jt on who gets help in fl the form of Kyle MacLachlan. to help India Incognito, Bpm, SBC 12 shots everyday make fl than are porof people.
      1,216 words
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  • SPORTS
    • Article, Illustration
      Lock icon Becker loses to unseeded Ferreira
      427 14 Grand Slam Cup AP MUNICH Boris Beckers troubled career took another plunge on Tuesday when he lost in the first round of the Grand Slam Cup, beaten in two sets by Wayne Ferreira. Although some German surveys suggest Becker's popularity is sinking as rapidly as
      AP; Reuter  -  427 words
    • Article, Illustration
      Lock icon Women's tour prize to double to £2m next year
      337 14 Golf AFP LONDON Prize money on the European women's golf tour next year will double to £2 million (SS4.B million), organisers announced on Monday. The European Women's Professional Golf Association have managed to come out of the sponsorship recession that hit
      AFP  -  337 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        178 14 AFP NEW YORK The average baseball salary rose just 4.6 per cent this year to U551,076,089. the smallest increase since the 1987 season. Salaries had risen by 20.8 per cent last year, 42.5 per cent in 1991, 20.2 per cent in 1990 and 13.3 per cent in 1988, according
        AFP  -  178 words
      • Article, Illustration
        Lock icon Basketball
        239 14 Reuter NEW YORK NBA Tuesday: Orlando 91 Detroit 89; New Jersey 117 Boston 90; Indiana 105 Sacramento 87; Cleveland 109 Portland 100; Dallas 101 Miami 106; Houston 121 Charlotte 102; Chicago 115 LA Clippers 111; Golden State 95 Denver 90; LA Lakers 78 NY 92. Standings (W L Pet
        Reuter  -  239 words
      • Article, Illustration
        Lock icon Cricket
        107 14 Reuter COLOMBO Play was abandoned on the first day of the inaugural test between Sri Lanka and the West Indies yesterday without a ball being bowled after rain soaked the ground. Captains Arjuna Ranatunga of Sri Lanka and Richie Richardson of the West Indies agreed to make up for
        Reuter  -  107 words
      • Article, Illustration
        Coif
        81 14 SINGAPORE The Singapore Golf Association takes their Malaysian counterparts in the annual SGA/MGA match at the Sentosa Golf Club today and tomorrow. Leading the Singapore challenge in the 8-men team event will be Mardan Mamat, Dino Kwek. Lam Chih Bing and Mohd Said Abdul Latiff. Malaysia's challenge will be
        81 words
      • Article, Illustration
        Ice hockey
        26 14 NEW YORK NHL Tuesday: Washington 1 Hartford 6; Quebec 4 Calgary 4 (OT); NY Islanders 4 Edmonton 4 (OT); St Louis 3 Chicago 2;
        26 words
      • Article, Illustration
        Lock icon Olympics
        130 14 AFP LAUSANNE, Switzerland The Olympic Programme Commission has recommended radical changes to the events lineup for the 2000 Games in Sydney, informed sources said here on Tuesday. A report drawn up by the commission for the International Olympic Committee executive is considered so controversial that the lOC has ordered
        AFP  -  130 words
      • Article, Illustration
        Lock icon Rugby
        157 14 Reuter LONDON Canadian test flyhalf Gareth Rees scored 12 points to steer favourites Oxford to a 20-8 victory over Cambridge in the annual university match before a record 66.000 crowd at Twickenham on Tuesday. Rees. capped 23 times by Canada, should have equalled the Oxford individual record of 15
        Reuter  -  157 words
      • Article, Illustration
        Lock icon Soccer
        57 14 AFP PARIS UEFA Cup third round second leg Tuesday: SC Karlsruhe (Ger) 3 Bordeaux (Fra) 0 (Karlsruhe qualify 3-1 on aggregate); Casino Salzburg (Aus) 3 Sporting Lisbon (Por) 0 (aet. Casino win 3-2); Boavista (Por) 2 OFI Crete (Gre) 0 (Boavista win 6-1); Deportivo La Corona (Spn) 0 Eintracht
        AFP  -  57 words
      • Article, Illustration
        Lock icon Squash
        37 14 Reuter ZURICH Super Series tournament final Tuesday (prefix denotes seeding): l-Jansher Khan (Pak) b 3-Peter Marshall (Eng) 8-15 15-8 15-7 15-9. Third place: 2-Brett Martin (Aust) b 4-Rodney Eyles (Aust) 15-10 13-15 15-13 10-15 15-12. Reuter
        Reuter  -  37 words
      • Article, Illustration
        Lock icon Yachting
        37 14 AFP SYDNEY European yacht Introm Justitia is clinging to the lead in the Whitbread round-the-world race after coming close to being overtaken by Japan's Tokio on the approach to Fremantle. Western Australia, organisers said yesterday. AFP
        AFP  -  37 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      444 14 BUSINESS TIMES TOLL—FREE TEL. No. 1 -BCX)-741-1 883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JIN FU XINO CONSTRUCTION PTE LTD (Members' Voluntary \Mndtoe-Up) NOTICE IS HEREBY GIVEN that the creditors of the above company, which is being voluntarily wound up. are
      444 words
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      Page 14 Advertisements Column 2
      253 14 M THE MATTER OF THE COMPAMES ACT, CAP 00 AND LEOMO HOCK MAMNE PTE LTD (In Miiiibvv 1 Vokntvy Uouldrton) At an Extraordinary General Mooting of the abovenemed company duly convened and hald at 50 Jalan SJtan #21 04 Jalan Sultan Centra, Singapore 0719 onOtfi day of DacamtoaMMS the Mowing
      253 words
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      Page 14 Advertisements Column 3
      392 14 LOST SHARE CERTIFICATES The following Share Certificates/* together with the relevant signed transfer deeds have been reported lost or destroyed:GENERAL SECURrTIES INVESTMENTS LIMITED Certificate No. h the name of No. of aharaa *****17 LioeHuiEng 1 x 100 HONG FOK CORPORATION LIMITED (HONG KONG REGISTER) ***** Sajnani Nirmala Udharam Ixl,ooo *****95
      392 words
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      Page 14 Advertisements Column 4
      555 14 IN THE MATTER OF THE COMPANIES ACT CHAPTER S« AND A .P. JODHI A CO. PTE- LTD. (In Memben' Voluntary Liquidation i Al a General Meeting of A.P JODHI ACO PTE LTD duly convened and held at No. 162 Trat Street #10-03 Lun Hual Building. Singapore 0207 on 3rd December.
      555 words
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      Page 14 Advertisements Column 5
      181 14 WAH YEN HONG PRIVATE LIMITED da Votantnry m»Hillii) WOTIfT. OF FTNAI. MEETING NOTICE IS HEREBY GIVEN, panaant to Section 308 of the Companies Act, Cap. SO, that the FINAL MEETING of the Man ben of the abovenamed Company will be held al 51 Aaaoa Road, #02-57 A #02-59, Aaaoi Centre,
      181 words
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  • THE LAW PAGE
    • Article
      A will where there is no way
      1187 15  -  T K K Iyer examines the main medico-legal questions that cover the making of living wills and their enforcement T K K Iyer The writer is a senior lecturer at the National University of Singapore's Law Faculty, where he teaches a course in
      1,187 words
    • Article
      Lock icon Russia trying to revive trial by jury
      872 15  -  Deborah Stead on Moscow's bid to bring back a forgotten legal tradition Deborah Stead NYT UT T WILL be hard to I change," admitted JL Judge Galina Zmicharovskaya, who presides in the Siberian region of Irkutsk. "I'm used to deciding on the evidence
      NYT  -  872 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      161 15 Ti-iF Tan don Direct SALE (Take note or lose out!) 9 10 Dec (10am -spm) II Dec (10am -2pm) 21 Tannery Road Singapore 1334 TANDON PRESTO TANDON PRESTO TANDON PRESTO-LITE Notebook 486SLC/33 Mono Dual Scan Color 486DX/33 Notebook 486SLC/33 Mono 4MB standard; expandable to BMB Intel *****DX/33 with built-in 8K
      161 words
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  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • Article
        Lock icon Acid test for clean, cheap fusion energy
        72 16 NYT PLAINSBORO. New Jersey The promise of cheap, clean fusion energy is about to undergo an acid test here at America s most advanced fusion test reactor. A landmark series of experiments is scheduled to begin before Christmas. A successful run could encourage
        NYT  -  72 words
      • Article, Illustration
        Lock icon Phone from anywhere in the world
        57 16 News Fact OSLO A new worldwide telephone service, operative this month, should prove a boon for field operators and emergency or rescue teams. The service, by Norwegian Telecom, provides instant contact by satellite from any point to any other wcfrldwide, using terminals that are
        News Fact  -  57 words
      • Article
        Lock icon Scientists double lifespan of worm
        115 16 AP SAN FRANCISCO The good news is that you can double your lifespan. The bad news is that you have to be a nematode to do it. Scientists at the University of California at San Francisco report in the Dec 2 issue of the journal
        AP  -  115 words
      • Article
        Lock icon Scientist wins 3-D TV patent
        93 16 Reuter HOBART, Australia An Australian scientist declared insane after killing his wife and flushing parts of her body down a toilet has won a patent for a way to see colour television in three dimensions. Rory Thompson, 57, is hoping to find a manufacturer for
        Reuter  -  93 words
    • Article, Illustration
      New energy-reducing ballast
      606 16  -  Local engineers develop a way to cut power wastage. Ven Sreenivasan explains Ven Sreenivasan SOME 20 per cent of all airconditioning energy in buildings is expended just to counter the heat generated by the internal lighting system. The culprit is the conventional magnetic core ballasts used in
      606 words
    • Article
      Lock icon Asia urged to seek efficient environmental technologies
      199 16 AP IMPORTED, space-age technologies are unnecessary and often counter-pro-ductive for Asian countries trying to fight pollution, a Canadian scientist said. Governments trying to cope with the environmental costs of rapid economic growth should try instead to seek out cheaper and more efficient solutions
      AP  -  199 words
    • Article, Illustration
      Lock icon Corrections in space
      591 17 US astronauts chalked up another first with repairs in space to what is probably the world's largest telescope AP EVER so gingerly, Nasa's high-altitude repair workers installed corrective glasses on three Hubble Space Telescope instruments on Tuesday as a cure for its nearsightedness. The result of the
      AP; Reuter  -  591 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      225 16 EVEN IF YOU DONT OWN A LOT OF LAND, IT'S NICE TO OWN A LARGE ESTATE. VOLVO r**.,;.' ."fUI Perhaps you don t have a large number of acres to drive And its rear compartment is simply cavernous adding a comforting margin of extra safety on the open road). around
      225 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      149 17 kst Business T«i»»'»*fc—loocrCWn !■>» linMt «phmntn rooTcrs Culling edge industrial Man Ckm Inc Mmudoaal In this issue How Ethics Boosts the Bottom Line Giving your company an ethical framework is not only good for your conscience. It's also good for your profits Plus Malaysia's Datuk Musa Hitam on why Asian-style
      149 words
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      Page 17 Advertisements Column 2
      108 17 I i? tZ-< W»~ m&& > :;s Piaget. True values never change. 1^ PiageT JQAILUER EN HORLOGERIE DEfVIS 1874 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.
      108 words
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  • Article
    A Gatt cliffhanger
    607 18 EDITORIAL WILL they or won't they? The Uruguay Round of Gatt talks is turning into a clifThangcr. With less than a week left to the Dec 15 deadline, the result could go cither way. If the negotiations fail, it will effectively end hope for a trade package
    607 words
  • WHAT THE OTHERS SAY
    • Article
      Let the market fix wages
      188 18 LET THE market decide. Surprisingly enough, it can decide in favour of higher wages. That is what is happening in China's coastal provinces, where wages have risen because of market forces, not official intervention. Employers are paying more because if they do not, they will
      188 words
    • Article
      Fair increase
      130 18 THE RECENT pay hike for ministers is fair. Despite the revision, the salary gap between ministers and top CEOs in the private sector is still wide. This is because the increases arc based on what business was rewarding its top guns in 1991. Still, to some, the increases
      130 words
    • Article
      Symbolic significance
      179 18 THE US and European Community recently made a breakthrough on the thorny question of farm subsidies as part of their effort to clear the way for a global trade accord. The ban on rice imports, however, has been an obstacle in the Uruguay Round of world trade talks
      179 words
    • Article
      Get the EAEC going
      177 18 PRIME MINISTER Mahathir Mohamad etched a very clear picture of what the (East Asia Economic Caucus (EAEC) should and will be in his keynote address to the Pacific Rim Business Collaboration Symposium in Kuala Lumpur on Sunday night. The symposium's participants will go away enlightened on
      177 words
    • Article
      Postpone the Bill
      165 18 TAM YIU-CHUNG. vice-president of the Democratic Alliance for the Betterment of Hongkong, has asked his Legislative Council colleagues to try to delay the tabling of Mr Patten's "simple issues" electoral reform Bill until February. Some Liberal Party figures flirted with the idea, for it is aimed at
      165 words
  • Article, Illustration
    Japan should buy some prosperity
    931 18  -  Rudi Dornbusch says Japan, with its deep pockets, can afford a big tax cut to boost consumption and cut its trade imbalance Rudi Dornbusch The writer is professor of economics at the Massachusetts Institute of Technology. Reproduced from International Business Week by special permission. Copyrighted
    931 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      317 18 THE WINNING EDGE f IN-DEPTH BUSINESS MP/ 3*2,g* 5 i IPiiP XTEWQ J\ j Vy ij Iji or over two decades Singapore Business has covered .T the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any other
      317 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      109 18 I tug, DtßrooMD rra having Put (n will go £>£ISTOIAJ YOU'Re NOT SG£ IOOsGA Li€LL LOITH THG E-ARRING BOUGHT LAST HPVVimg Vour Nose PiegoE-P J yujeex ~~j| (iwu) I r—-CP), ,C O ASSOCIATED NEWS*«KM LTD, DOONESBURY GARRY TRUDEAU W Duke: Do Amnow scanning^® p yew have J X! ptoto of
      109 words
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  • ANALYSIS
    • Article
      The destructive costs of greasing palms
      1584 19 International Business Week correspondents in New York, Moscow. Hongkong and Rome report on the incidence of corruption around the world and show how, by diverting resources and undermining competition, corruption hinders economic development CORRUPTION, like poverty, has always been with us. As long as
      1,584 words
    • Article, Illustration
      Lock icon Global warming: a lot depends on China
      763 19  -  China's rapid industrialisation will spew a lot more carbon dioxide into the atmosphere. Philip M Boffey reports Philip M Boffey NYT IF global warming materialises as the threat many scientists predict, the world's ability to head it ofT may well be determined by
      NYT  -  763 words
    • Article
      A new globo-cop for crooks in high places
      317 19 THERE WAS a time when business executives, bankers, and aid officials from the industrialised world held their noses, forked over bribes to officials in places from Kenya to Argentina, and told themselves: at least these leaders are on the right side of
      317 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      392 19 BUSINESS TIMES TOU, —FREE TEL. No. I-BQO-741-1883 PAX:74I-129S In need of a job? The Straits Times Classified can increase your "job-search" with numerous offers listed dailv in the employment section. C.A.T.S. 737-1166 I L.C. Development Ltd (formerly known as Eu Yan Sang Holdings Limited) (Incorporated in the Republic of Singapore)
      392 words
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  • Article, Illustration
    Lock icon Hosokawa wins approval for extra budget to boost economy
    571 20 Reuter, UPI TOKYO Prime Minister Morihiro Hosokawa cleared a big parliamentary hurdle yesterday when he won a key panel's approval for an extra budget aimed at boosting Japan's flagging economy. Mr Hosokawa, under pressure to chart a way out of recession,
    Reuter,; UPI  -  571 words
  • Article
    Aussie firms urge Keating to apologise
    369 20  -  From Florence Chong in SYDNEY MALAYSIAN companies in joint ventures with Australian companies have told their partners that a "Buy Australia Last" policy is now in place although the Malaysian government has yet to officially downgrade its relations with Australia. Australian companies, fearing losses
    369 words
  • Article
    Lock icon Falling oil prices force Jakarta to rethink plans
    377 20 Reuter JAKARTA Indonesia, Asia's only Opec member, may have to rethink its overall economic planning for the 1994-95 financial year because of falling oil prices. Planning Minister Ginanjar Kartasasmita said yesterday. He said the government, which is trying to reduce dependency on
    Reuter  -  377 words
  • Article
    Lock icon AEG to sell household goods division to Electrolux
    300 20 Reuter FRANKFURT AEG AG. the electronics unit of DaimlerBenz AG. plans to sell the remaining 90 per cent of its households goods division to AB Elcctrolux Sweden. It also signed a letter of intent yesterday to form a joint venture of its
    Reuter  -  300 words
  • Article
    Lock icon Xerox to slash 10,000 jobs, close plants worldwide
    253 20 Reuter. AP STAMFORD, Connecticut Xerox Corp will eliminate more than 10.000 jobs, or about 10 per cent of its worldwide workforce, to cut costs and improve productivity. Xerox said at least half of the lay-offs planned would come in 1994. It gave
    Reuter.; AP  -  253 words
  • Article, Illustration
    President Kim pushes for a more open Korea
    892 20  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT correspondent specialising in Korean affairs SOUTH KOREAN president Kim Young Sam continues to confound critics with his uncanny ability to seize the initiative on major issues. Call this a cynical
    892 words
  • Article
    Lock icon Slower manufacturing growth eases M'sian third-quarter GDP
    376 20 Reuter KUALA LUMPUR Malaysia's economy continued to perform favourably although slower expansion in manufacturing and agriculture led to an easing in the gross domestic product growth in the third quarter, the central bank said yesterday. Deputy Prime Minister and Finance Minister Anwar Ibrahim
    Reuter  -  376 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      166 20 grq» New Old Authentic |g|l| Persian Carpet at Razi fe* V/ —(yJaP Guaranteed cash refund within one month Trade in .it our showroom —Msg 1t ori g )nil purchase price No need for Keating to apologise, Pg 3 i' Braised Live Prawns with rjl Special Curry Sauce. J JT T7
      166 words
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      Page 20 Advertisements Column 2
      78 20 Razi's Carpets IjS|g 100 Orchard Road #02-15 Meridien Shopping Centre Singapore 0922 Tel 235 5553 lt% (Open Daily 10am 7pm) IfeSjdßl Development Site AT TANJONG KATONG ROAD FOR SALE BY TENDER Site Area of 3005.04 sm (approx. 32,346 sf). Freehold Tenure. Written permission granted for a mixed use complex comprising
      78 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Van der Horst wins another US$50m Philippine contract
      478 21  -  By Teh Hooi Ling SINGAPORE Marine en-gineering-based Van der Horst Ltd (VDH) has won a second contract worth more than USSSO million (5579.8 million) to build and operate a power barge for the National Power Corp (Napocor) of the Philippines. The first
      Source: Bridge Info  -  478 words
    • Article
      Amcol associate to take part in Indon satellite broadcasting
      270 21 SINGAPORE Property and trading group Amcol Holdings said yesterday it will take part in satellite broadcasting to Indonesia through two investments. The investments through associate firm PT Amcol Graha Electronic Industries will be in the Direct Broadcast Satellite Programme, which will
      270 words
    • Article, Illustration
      TDB chief is chairman of Inno-Pacific
      189 21 SINGAPORE The directorgeneral of the Trade Development Board. Ridzwan bin Dzafir, has been appointed a nonexecutive director and chairman of Inno-Pacific Holdings. The trading and fast-food company announced yesterday that Mr Dzafir took over the position of Ishak bin Ismail with immediate effect. Mr
      189 words
    • Article
      DBS to open representative office in Bombay early next year
      194 21 SINGAPORE DBS Bank is establishing a representative office in Bombay which is expected to begin operations in the first quarter of 1994. The bank also plans to open a representative office in Yangon, Myanmar, as part of its Asia-Pacific thrust.
      194 words
    • Article
      Rivalry is blind — as seen in the Keppel-Sembawang fight for Philseco
      737 21  - Rivalry is blind as seen in the Keppel-Sembawang fight for Philseco HOCK LOCK SIEW By Conrad Raj SINCfAPORE It appears that not everybody is taking heed of Deputy Prime Minister Lee Hsien Loong's call to stay cohesive to win the global race for markets. Witness, for example, the intense and
      737 words
    • Article
      Electro Magnetics details shortfall in sales
      341 21  -  By Joseph Rajendran SINGAPORE Video-cas-sette maker Electro Magnetics Ltd (EML) yesterday gave details of its sales, costs, operating profit and gross margins for the seven months to June this year. The company, formerly called Electro Magnetic Singapore (EMS), released the details even though there
      341 words
    • Article
      SAL Industrial-EDB joint venture closes consultancy unit
      166 21 SINGAPORE A joint venture between SAL Industrial Leasing, the Economic Development Board (EDB) and Japan Robot Leasing Co has closed one of its divisions. The venture. Automation Leasing and Consultancy (ALC), said yesterday that its consultancy arm. Automation Applications Centre (AAC), ceased operations
      166 words
    • Article
      Lock icon ER posts 115pc price rise in debut trading
      113 21 Bloomberg Business News SINGAPORE Electronic Resources Ltd closed at a 60cent premium on its first day of trading on the second board of the Singapore stock exchange yesterday. The stock, which was offered to the public at 52 cents a share, opened
      Bloomberg Business News  -  113 words
    • Article, Illustration
      Lock icon SUMMARY
      340 21 Source: Bridge Info Performance of STII's Index stocks Dec 8 Last Sent ladex Slock talc Chfc factor aotm <$) Avimo 2 040 0 060 I 39 -20 34 4( 8 100 0.100 5 SO -33.90 CWT 2720 0010 I.BS -3.3« Ccrcbos 6 800 0 050 4 62 -16 95
      Source: Bridge Info  -  340 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Ipco clinches sewer contract in HK
          74 22 SINGAPORE Ipco Insituform. a subsidiary of Ipco International. has clinched a HK54.65 million (*****.000) contract to rehabilitate a 2km sewer system in Hongkong's Yuen Long township. The contract was awarded by Hongkong's Drainage Services Department. Ipco had previously completed a similar project for the
          74 words
        • Article
          Maurice Baker director of Kim Eng
          63 22 SINGAPORE Maurice Baker, a former Singapore High Commissioner to Malaysia, has been appointed a director of Kim Eng Holdings. Dr Baker. 73, is also a director of Sime Singapore Ltd. He has been Pro-Chancellor of the National University of Singapore since 1989. His appointment
          63 words
        • Article
          Lock icon O'Connor's pre-tax profit up 53.6pc
          76 22 Bernama KUALA LUMPUR O'Connor's Engineering and Trading (Malaysia) Bhd has reported a 53.6 per cent rise in group pre-tax profit to M 520.26 million (SSI 2.5 million) for the year ended Sep 30, 1993 from MS 13.19 million a year earlier. The group's after tax
          Bernama  -  76 words
        • Article
          Lock icon Mega First to invest M$4 million
          90 22 Bernama KUALA LUMPUR Mega First Corp Bhd, through its subsidiary Aplha Marble Industries Sdn Bhd, will invest about Ms 4 million (552.48 million) to set up a new plant for the production of marble slabs and tiles, said group managing director Lim Keng Kay
          Bernama  -  90 words
        • Article
          Lock icon Sungei Way makes M$2 million gain
          100 22 Bernama KUALA LUMPUR Sungei Way Holdings Bhd will make an extraordinary gain of Ms 2 million (S$ 1.24 million) from its proposed disposal of a five-storey building known as Wisma Sungei Way. Replying to a Kuala Lumpur Stock Exchange query concerning the sale, it
          Bernama  -  100 words
      • Article
        UNIT TRUSTS & FUNDS
        504 22 UNIT TRUSTS FUNDS Manager*' prices Dec 9 Unibond 1.065 1.095 «i_ii United Gr Fund! 1.54 1.60 Singapore Unit Trust united a s Fund i m 192. The Commerce 1.66 1.74 NTUC IlKOfTK The Savings Fund 1.57 1.65 "'"*3 n S'pore Prog Fund 0 70 0.74 Income Bond Policy 4.0 4
        504 words
      • Article
        Lock icon Taiping Con to build M$1b township on railway land
        312 22 Bernama KUALA LUMPUR The Taiping Consolidated Bhd group yesterday signed a development agreement with Keretapi Tanah Melayu Bhd to turn nearly 120 hectares of railway land near here into a massive Msl billion (***** million) modern township. The agreement outlines the
        Bernama  -  312 words
      • Article, Illustration
        Ipoh Gardens launches A$33m rights issue to restructure debt
        469 22  -  From Florence Chong in SYDNEY IPOH Gardens (Aust) Ltd, which appears to have stemmed its losses in recent years, has launched a As 33 million (5535.2 million) rights issue to restructure debt. A prospectus for the issue, based on advice from
        469 words
      • Article
        Lock icon Realignment will help Antah focus on core business: chairman
        425 22 Bernama KUALA LUMPUR Antah Holdings Berhad's on-going realignment exercise will enable the group to refocus on its core business and those with good growth potential. Chairman Tunku Naquiyuddin ibni Tuanku Ja'afar yesterday said during the exercise, expected to take two years,
        Bernama  -  425 words
      • Article
        Lock icon M'sian, Romanian groups tie up to make aircraft parts
        397 22 Bernama KUALA LUMPUR Civil engineering group Chew Piau Bhd is to enter into a joint venture with a Romanian group to manufacture aircraft and related parts in an investment totalling about MS2OO million (Ssl2s million). Chew Piau, which will lead a
        Bernama  -  397 words
      • Article
        Lock icon Aokam to use latest technology to process China's wood resources
        329 22 Bernama KUALA LUMPUR Aokam Perdana Berhad is now in a position to apply its latest technology to process China's wood resources and to market them at better values in the international markets. Chairman Tunku Abdullah Tuanku Abdul Rahman said in
        Bernama  -  329 words
      • Article
        Lock icon Gulfstream appoints MHS its regional maintenance centre
        293 22 Bernama LANGKAWI Malaysian Helicopter Services (MHS) Berhad yesterday signed a memorandum of understanding with Gulfstream Aerospace Corporation of the United States, formalising its appointment as the latter's maintenance facilities centre in Malaysia. Under the arrangement, MHS will extend its maintenance service of Gulfstream
        Bernama  -  293 words
      • Article
        Lock icon Mobikom plans more value-added services
        262 22 Bernama KUALA LUMPUR Mobikom Sdn Bhd, Malaysia's third cellular mobile telephone operator. plans to introduce other valued-added telecommunications services in the near future. Chairman Jamil Mohd Jan said yesterday the company, operator of the 800 MHz cellular mobile phone network, had identified few areas that
        Bernama  -  262 words
      • Article
        Lock icon News Corp dumps plan to issue super shares
        567 23 Shares in the company jump B.spc on the news Bloomberg Business News SYDNEY News Corp announced yesterday morning that it is withdrawing its controversial proposal to create a new class of shares with super voting rights. Shares in the company jumped 8.5
        Bloomberg Business News  -  567 words
      • Article
        Lock icon Zhongshan plans HK listing for flagship firm
        188 23 Bloomberg Business News HONGKONG The Zhongshan municipal government in southern China is hoping to list its flagship company, Weili Washing Machine Factory, in Hongkong through a deal with Guangdong Investment, the South China Morning Post reported yesterday. Guangdong Investment is a Hongkong listed
        Bloomberg Business News  -  188 words
      • Article
        Lock icon Indon, Italian firms tie up to make scooters in China
        160 23 AFP JAKARTA Indonesia's Satya Jaya Raya Group (SJRG) and Italian Piaggio Veicoli Europei have formed a joint venture eompany to manufacture and sell two and three-wheeled scooters in China, a company official said yesterday. SJRG general manager Mulyo Raharjo said
        AFP  -  160 words
      • Article
        Lock icon Aussie mining giant MIM shuts smelter, low prices to blame
        341 23 Bloomberg Business News, Knight-Ridder BRISBANE Australian mining giant MIM Holdings Ltd said yesterday it has closed its Isasmelt plant, the smaller of its two lead smelters in Mount Isa, because of low world prices. The company said it was producing
        Bloomberg Business News,; Knight-Ridder  -  341 words
      • Article, Illustration
        Lock icon Former Fuji TV manager jailed for spying
        51 23 AFP SEOUL Former Fuji TV branch manager in Seoul, Shinohara Masato, being led into a court here for his trial yesterday. He was arrested on spy charges, for leaking information on South Korean military secrets, and was sentenced to five years in prison.
        AFP  -  51 words
      • Article
        Lock icon Shenzhen to promote B shares
        139 23 Bloomberg Business News HONGKONG The Shenzhen stock exchange is designing a package of measures to liven up the B share market ahead of the new year, the South China Morning Post reported yesterday. Chinese B shares are reserved for foreign investors, while A shares are
        Bloomberg Business News  -  139 words
      • Article
        Lock icon Ameritech files to offer long-distance phone services
        551 25 Bloomberg Business News CHICAGO Ameritech Corp on Tuesday asked the Justice Department for permission to enter the long-distance phone market, estimated to be worth USS6O billion (SS96 billion a year, to go up against AT&T. MCI and Sprint. With its filing. Ameritech is
        Bloomberg Business News  -  551 words
      • Article, Illustration
        Lock icon Testut man loses parliamentary immunity
        73 25 AFP PARIS Left-wing French members of the National Assembly voting on Tuesday not to remove the parliamentary immunity of Bernard Tapie as Tapie (second row, second from left) looked on. Seventy-two voted against the remo>al but 432 voted in favour. Tapie's immunity was removed to
        AFP  -  73 words
      • Article
        Lock icon Advocate of corporate democracy dies
        377 25 NYT NEW YORK Lewis D Gilbert, an advocate of shareowner rights and one of the first gadflies to speak out at annual meetings on behalf of small stockholders, died on Tuesday at Lenox Hill Hospital. He was 86 and lived in Manhattan. The cause of
        NYT  -  377 words
      • Article
        Lock icon PaineWebber, Prudential worst firms to work for, say brokers
        515 25 Bloomberg Business News NEW YORK PaineWebber Inc was rated the worst firm to work for by its own brokers among the US' nine biggest securities firms for individual investors. PaineWebber, with 5,300 brokers, ranked last in the informal poll by Registered
        Bloomberg Business News  -  515 words
      • Article
        Lock icon Southwestern Bell and Cox Cable plan US$4.9b venture
        437 25 NYT NEW YORK The USS4.9 billion (557.79 billion) joint venture announced on Tuesday by Southwestern Bell Corp and Cox Cable of Atlanta marks the third powerful alliance formed this year between telephone and cable companies in the race to build advanced networks.
        NYT  -  437 words
      • Article
        Lock icon Anheuser-Busch to build brewery in China
        234 25 AP ST LOUIS Anheuser-Busch Cos Inc. which bought a 5 per cent stake in China's largest brewery company in June, says it is close to agreement on a major investment that will include joint construction of a new brewery in eastern China. Chairman August
        AP  -  234 words
      • Article
        Lock icon Tokyo raids chemical firms suspected of price-rigging
        135 25 Reuter TOKYO Japan's Fair Trade Commission (FTC) said it raided the headquarters of six chemical firms earlier this month on suspicion that they had formed a price cartel involving a substance used to make plastic wrapping for food. The six are suspected of
        Reuter  -  135 words
      • COMPANY BRIEFS
        • Article
          Lock icon Matsushita to shift 6,000 workers
          85 25 AFP lOKVO Japan's Matsushita Electric Industrial Co Ltd said yesterday 6,000 white-collar workers at its headquarters will be shifted to sales and new business sectors over the next three years to boost sluggish exports. Company president Yoichi Morishita said the move was part of its
          AFP  -  85 words
        • Article, Illustration
          Lock icon Like puppets on a string
          70 25 Reuter MILAN Workers of Italian carmaker Alpha Romeo, owned by the Fiat group, demonstrated on Tuesday in front of La Scala before the opening of the 1993-94 music season. The workers held puppets of Fiat chairman Cesare Romiti (left) and president Gianni Agnelli (right) and
          Reuter  -  70 words
        • Article
          Lock icon Emperor China Concept sale on hold
          64 25 Reuter HONGKONG Emperor International Holdings Ltd said negotiations for the sale of a controlling stake in Emperor (China Concept) Investments Ltd to a consortium led by Centre Regent Investments Ltd and Cheung Kong (Holdings) Ltd have been put on hold. "The directors estimate that
          Reuter  -  64 words
        • Article
          Lock icon Chrysler to make parts in Thailand
          95 25 Bloomberg Business News BANGKOK Chrysler International Corp. the subsidiary of US automaker Chrysler, will produce car parts in Thailand in a joint venture with Swedish Motors Corp. Swedish Motors said yesterday it will own 70 per cent of the as yet unnamed venture, with
          Bloomberg Business News  -  95 words
      • Article
        Lock icon RJR to axe 6,000 jobs to restore profits
        336 25 Bloomberg Business News NEW YORK RJR Nabisco Holdings Corp says it will cut 6.000 jobs, or more than 9 per cent of its workforce, and take a US$445 million (SS7II million) charge as part of its effort to cut costs and restore
        Bloomberg Business News  -  336 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Thai banks cut deposit rates as foreign money pours in
        585 26 Move could give another boost to booming mutual fund industry Bloomberg Business News BANGKOK Awash in foreign money, three of Thailand's largest banks have decided to cut deposit rates dramatically in a bid to recycle the pile of cash now
        Bloomberg Business News  -  585 words
      • Article, Illustration
        A crown fit for a world financial centre
        80 26 FRANKFURT DG Bank tower has become the new symbol of Frankfurt's rise in prominence as a world financial centre. At 208-metre, the tower at Westendstrasse 1 in the heart of the city's financial district, is the third-tallest skyscraper in Europe after Canary
        80 words
      • SMALL CHANGE
        • Article
          Lock icon James Capel appoints Asia head
          80 26 Reuter LONDON Stockbroker James Capel said it has appointed Philip Gray as head of James Capel Asia Ltd with efTect from Jan 1. Mr Gray was formerly a director of GT Management pic and managing director of GT Management (Asia) Ltd. Mr Gray's appointment follows
          Reuter  -  80 words
        • Article
          Lock icon Natwest plans cash payment venture
          54 26 Reuter LONDON National Westminster Bank pic said it planned a joint venture with the Midland Bank pic and British Telecommunications pic to introduce a new electronic cash payment service. The service, to be called Mondex, is expected to be introduced domestically by 1995, it said
          Reuter  -  54 words
        • Article
          Lock icon Taiwan bank in Viet loan syndication
          51 26 Reuter TAIPEI Taiwan's Taipei Business Bank will join an international syndicated loan to Vietnam, offering US$l.5 million (552.4 million) in the eight-year total loan of U5522.5 million, a bank spokesman said yesterday. The money will be used to build an international hotel in Hanoi.
          Reuter  -  51 words
        • Article
          Lock icon Japan offers 500b yen 4-year bonds
          54 26 Bloomberg Business News TOKYO Japan's Finance Ministry offered to sell 500 billion yen (557.4 billion) in 4-year bonds, ministry officials said. The coupon on the issue is 2.2 per cent. The issue date is Dcc 20 and the bonds will mature on Dec 22,
          Bloomberg Business News  -  54 words
        • Article
          Lock icon Mortgage delinquency rate tumbles in US
          64 26 Bloomberg Business News WASHINGTON Mortgage delinquencies hit a 19-year low in the third quarter as mortgage rates fell to their lowest level since the *****. The mortgage delinquency rate tumbled to 4.21 per cent in the third quarter from 4.39 per cent in the
          Bloomberg Business News  -  64 words
        • Article
          Five allowed to invest in Taiwan bourse
          81 26 TAIPEI Taiwan has granted permission to five foreign financial institutions to invest U*****.9 million (***** million) in the country's stock market, the latest approvals in a year in which overseas purchases of local stocks have already hit a record high. The Securities and
          81 words
      • Article
        Lock icon HK seeks ways to handle new share issues better
        404 26 Reuter HONGKONG Soaring demand for local share offerings, with some initial public offers closing many hundreds of times oversubscribed, has pressured the Hongkong Monetary Authority to look at smoother ways to handle issues through the banking system, a senior government official
        Reuter  -  404 words
      • Article
        Lock icon IBJ long-term prime at post-war low of 3.5pc
        241 26 Bloomberg Business News TOKYO The Industrial Bank of Japan yesterday lowered its long-term prime rate to a post-war low of 3.5 per cent from 3.8 per cent, following an announcement that it was issuing December's allotment of five-year bank debentures for institutional
        Bloomberg Business News  -  241 words
      • Article
        Lock icon HK's first mortgage-backed debt issue delayed
        176 26 Knight-Kiddcr HONGKONG The colony's first mftrtgage-backcd securities issue in five years is being delayed until early next year because of legal difficulties. A spokesman for Salomon Brothers, which is arranging the issue, yesterday said the HKSSOO million (SSIOO million) issue, was initially expected as
        Knight-Kiddcr  -  176 words
      • Article
        Lock icon Texaco-Caltex venture's US$6b plan
        193 26 Bloomberg Business News WHITE PLAINS. New York Texaco Inc expects its Caltex Petroleum Corp joint venture in Asia to spend US$6 billion (559.5 billion) over five years to boost oil-refining capacity. capitalising on the rapid growth in demand in East Asia. The investment will boost earnings
        Bloomberg Business News  -  193 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        147 26 THE US$/majors experienced quiet range trade yesterday with market awaiting results of the Federal Reserve's beige book out yesterday. The regional currencies also experienced extremely narrow range trade. The USS/SS saw foreign purchase of US$ from morning trade but that was not sus- tained and
        147 words
      • Article
        London
        193 26 LONDON The dollar notched up solid gains against the yen late in European trade, having earlier spiked above 109 yen on rumours that a Federal Reserve Board member had suggested a target of 120 ven per dollar. But Wayne Angell. a member of the US Federal Reserve, denied he
        193 words
      • Article
        Lock icon Crude oil prices renew collapse on Opec statement
        192 26 ENERGY REPORT Reuter LONDON World oil prices renewed their collapse yesterday when the Organisation of the Petroleum Exporting Countries (Opec) said it didn't think it could work miracles. "If others wait for Opec to have a miracle solution. I don't think we
        Reuter  -  192 words
      • Article
        New York
        87 26 NEW YORK The dollar was mixed against major currencies yesterday with trading dominated by dollar-buying against the yen. At around 9:45 am (1445 GMT), the dollar was trading at 1.7080 German marks down from 1.7088 hours earlier in London and up from 1.7040 late Tuesdav in New York.
        87 words
      • Article, Illustration
        Untitled
        1690 26 Irade-ieighted index calculated against Spore s top 14 trading partnerv Base year 198 f US$/S$ forward rates Noon Dec 8 ss Bid Offer 1-month 1.5959 1 5974 2-month 1.5950 1 5965 J-month 1 5947 1.5962 6-month 1.5938 1 595* Source CK'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am
        1,690 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends sharply lower
        1365 27 SIMEX REPORT Reuter SINGAPORE Euroyen interest rate futures pared early gains as investors rushed to take profit on fading optimism for a discount rate cut before the year-end. Concern about the market's overbought condition also prompted the technical correction, dealers said. A decline in the Nikkei
        Reuter  -  1,365 words
      • Article
        KL tin ends higher on foreign demand
        617 27 COMMODITY REPORTS Tin TIN closed five cents higher at MS 11.90 per kg yesterday due to a higher London market and increased foreign demand. The local price differential was at a USSIO-a-tonne discount to LME. after holding at a premium of USS3S. and
        617 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Malaysia's tin output down
          61 27 KUALA LUMPUR Malaysia's tin output in the January to September period was 8,553 tonnes, down from 10,851 a year earlier, the state-owned Bernama news agency reported yesterday, quoting the Statistics Department. Malaysian tin exports in January-September were 27.467 tonnes, down from 35,077, it said. The main
          61 words
        • Article
          Yemen still price-checking for sugar
          56 27 LONDON Yemen has been price-checking for 36.000 tonnes of white sugar since Monday, but has yet to make any purchases, trade sources said here yesterday. South Yemen is looking for 26.000 tonnes of white sugar for delivery to Aden and 10,000 tonnes for delivery to
          56 words
        • Article
          Malaysia imports more corn
          52 27 KUALA LUMPUR Malaysia's corn imports in the January to August period were 1.32 million tonnes, compared with 1.11 million during the year-earlier period, according to the Statistics De- partment. Imports in August were 118,902 tonnes.; down from 168.911 in July and down from* 131.621 in August
          52 words
        • Article
          Aussie wheat exports to Indonesia up
          73 27 SYDNEY Australia's annual wheat exports toj Indonesia have topped one million tonnes for the! first time, the Australian Wheat Board said ycster-. day. The AWB said it will supply one million* tonnes of Indonesia's total imports of more than J 2.6 million tonnes in
          73 words
        • Article
          Alternative feed for US livestock
          72 27 CHICAGO An official of the United States* Department of Agriculture (USDA) forecast ons Tuesday only limited liquidation of the US live-J stock herd in 1994. despite a sharp cut in supplies# of com. the dominant feed ingredient. Instead, saidt Keith Collins, the USDA's acting assistant
          72 words
    • Article
      COMMODITY PRICES
      1649 27 Rubber HAS Commodity Exchange (futures dosing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 94 131 00 131 00 131.50 SO 1.025 Feb 133.75 132.50 133.00 375 4.275 Mar 134 25 134.25 134.50 50 6.525 Apr/Jun 136 00
      1,649 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1252 28 22.1 THE share market posted its third rise in a row yesterday for a total three-day gain of 48.1 points. At the close of trading, the key All Ordinaries index was up another 22.1 points to 2096. Strong rises occurred across the boards. The All Industrials index gained 32.9
        1,252 words
      • Article
        Manila
        623 28 +9 Share prices hit record highs in intra-day trade, fuelled by Philippine Long Distance Telephone Co's rise in New York, but profit-taking pared early gains. The Manila index closed nine points higher after posting a 46-point gain within the first 30 minutes of trading, while Makati ended seven points
        623 words
      • Article
        Seoul
        450 28 13.54 Healthy across-the-board interest on the back of an institutional buying spree prodded the stock market into a gallop, stocks closing sharply higher in a day of high trading volumes, brokers said. The composite stock index added 13.54 points to 836.71. Steelmaker Posco. Hyundai Motor and Samsung Electronics the
        450 words
      • Article
        New Zealand
        277 28 +9.69 The share market finished a moderately active session higher and brokers said the major feature was demand for forestry shares. The NZSE-40 capital index finished up 9.69 points at 2.097.26 on a volume of NZS66 million. Brokers estimated around half the volume was transacted in forestry shares
        277 words
      • Article
        Bombay
        77 28 +83.09 Hectic buying by foreign investors and speculators in market leaders pushed the local index beyond the 3.300 point mark to a new 1993 high, brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 3.314.80. up 83.09 points or 2.57 per cent from the previous close.
        77 words
      • Article
        Taipei
        580 28 +8.51 Taiwan stocks closed slightly higher in heavy, volatile trade, as bellwether shares in previous rallies continued to perform well, brokers said. The weighted index was 8.51 points up at 4.692.11 against Tuesday's 4,683.60 close, in turnover of NT550.52 billion. Marine stocks were helped by news that the state-run
        580 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        856 28 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit 3® MOO 38 6500 Mim Jertet Gill 0 1893 0 1992 Mim Ma< Income *1 (>600 ****** I SS Cash Income Plus Fund 10 6200 II 1900 PS Rc*r»e Fund 5 2200 5 2300 Slerliaf Kquit> Euro Performance 0 45*2 0
        856 words
      • Article
        London
        628 28 +40.1 Share prices powered to fresh records as buyers piled into a market boosted by sharp gains in government bond prices following a strong response to the latest gilt auction yesterday. The FTSE 100 closed up 40.1 at 3.277.4 after touching 3,279.5. The previous intraday high was 3.258.3 on
        628 words
      • Article
        Paris
        130 28 29.19 French shares finished the session sharply higher on busy volume, rising above 2,200 points on the CAC-40 index on the possibility of a Gatt agreement. the strength of the franc and firmness on other European stock markets, dealers said. The CAC-40 index ended up 29.19. or 1.34 per
        130 words
      • Article
        Stockholm
        140 28 +o.lopc Swedish shares ended the day mixed on a decline in index-heavy Ericsson. The share slid as American investors sold, for the second time in recent weeks. The OMX-index edged down 0.12 per cent to 1061.04. a move echoed by the top-16 index. But the all-share index rose 0.10
        140 words
      • Article
        Frankfurt
        203 28 32.67 German share prices posted a record closing high yesterday and are expected to hold onto their gains today, traders said. The DAX index of 30 leading German stocks closed 1.54 percent, or 32.67 points, higher at 2.148.13. Players are increasingly talking about the DAX index breaking the 2.200
        203 words
      • Article
        Brussels
        161 28 +3.32 Belgian stocks edged higheras a result of the effect of falling interest rates, although the raise was limited by concern about possible strikes, analysts said. The Bel2o index rose 3.32 points, or 0.87 per cent, to 1433.77. Tuesday's cut in the Belgian central bank's interest rates triggered a
        161 words
      • Article
        Amsterdam
        294 28 3.43 Dutch stocks advanced to their third consecutive re-cord-high on optimism over the Gatt talks and because investors were buying into a light year-end rally, traders said. The EOE index of 24 leading Dutch stocks gained 3.43 points to a new recordhigh of 396.42. Advancers outnumber decliners by 19
        294 words
      • Article
        Zurich
        253 28 +9.0 Swiss stocks closed at a record high, the second this week. Hopes for further interest rate cuts, and a rally in select pharmaceutical stocks pushed the Swiss Market Index to record highs, traders said. Drug companies particularly Sando/. climbed as a result of buy recommendations and good prospects
        253 words
      • Article
        Johannesburg
        325 28 88 Heavyweights De Beers and Anglos led the charge on industrial shares in frenetic closing trade yesterday, while gold shares raced upwards as bullion made a sudden late pass through USS3BO an ounce. The overall index set a new closing high of 4.391 after a gain of 95 points,
        325 words
      • Article
        Toronto
        256 28 22.53 Stocks soared in early trading as precious metals surged ahead on US inflation fears, traders said. Toronto's TSE 300 composite index climbed 22.53 points to 4289.01 in early turnover of 12.71 million shares valued at C 5130.77 million. Of Toronto's 14 sub-sec-tors, 11 indices gained ground. Among gold
        256 words
      • Article
        New York
        837 28 0.29 The Dow industrials were Hat at 3719 in narrow trading at midmorning yesterday. One analyst said the Dow may see its bull-mar-ket high near 3755. plus or minus 17 points intradav. At 1135 EST. the Dow stood at 3719.17. up 0.29. while deelines edged advances on the
        837 words
    • Article, Illustration
      Lock icon HONGKONG
      3123 29 Reuter HONGKONG Share prices closed marginally higher after a day of seesaw trading in which the main index clawed its way back from a 91-point loss, brokers said. The Hang Seng Index ended up 13.66 points at 9,750.23. Turnover fell to HK56.46 billion from Tuesday's HK59.76 billion. "There was
      Reuter; Source: Bridge Info  -  3,123 words
    • Article, Illustration
      CHINA
      463 29 THE Shanghai and Shenzhen markets performed differently. The Shanghai B Index closed 0.75 per cent lower. The CLSA B index was at 969.81 down 7.33 points. On its first trading, Haixin ended 28.6 per cent up at US$O,9OO on heavy trading. Jin Jiang Tower and Refrigerator were the worst
      463 words
    • Article, Illustration
      Lock icon TOKYO
      2463 29 Reuter TOKYO Stocks ended down sharply in technically driven trade marked by arbitrage-linked selling, brokers said. But Prime Minister Morihiro Hosokawa's comment that Japan must take every possible step to help stock prices assisted the market to end otT lows. The Nikkei average closed at 16.507.95 down 395.54 points
      Reuter; Source: Bridge Info  -  2,463 words
    • Article, Illustration
      Lock icon BANGKOK
      1833 29 Reuter BANGKOK Thai stocks edged lower on profit-taking in hank shares in active trade after climbing almost 25 points in early morning on follow-through buying, brokers said. The SET index closed 5.64 points lower at 1.436.92 on heavy turnover of 23.44 billion baht. It had climbed 24.97 points to
      Reuter; Source: Bridge Info  -  1,833 words
    • Article, Illustration
      Lock icon JAKARTA
      1120 29 Reuter JAKARTA Share prices closed mixed in active trading, brokers said. The official index was down 0.09 point to 523.32. "Japanese buyers supported the pulp and cable counters, with some foreigners also moving into second liners." one foreign broker said. Indah Kiat was actively traded. rising 25 rupiah to
      Reuter; Source: Bridge Info  -  1,120 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2868 30 Source: Bridge Info Source: Bridge Info Gf Cf 1993 La«t Vol Day Lust Qmoit D»> IX* YM Nef M Cap High Low Com pant Sale I *000) High Urn Buyer Seller S CV P/E Smil MALAYSIAN STOCKS ■•08 102 MSB 50c 205 cd +4 151 206 198 202
      Source: Bridge Info  -  2,868 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks close lower on Tokyo fall
        5918 30 Bernama KUALA LUMPUR Share prices here came off initial highs to close lower yesterday under profit taking, triggered in part by a sharp fall on the Tokyo bourse. The Emas Index of all Main Board shares closed 0.53 of a point down at 313.87
        Bernama; Source: Bridge Info  -  5,918 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7303 31 MAIN BOARD Transaction date: Dec 8 Gr Gr 1993 Last Vol Day ljut Qaote Div Di* YM Net M Cap High Low Company Sale (TOO) High l-o» Bayer Seller Or P/E Smil INDUSTRIAL AND COMMERCIAL 1380 260 l Aetna 1290 -10 124 1300 1240 1280 1290 12.5 2.1 1 0
        7,303 words
      • Article, Illustration
        Lock icon Prices little changed despite profit-taking
        1754 32  -  By R Sivanithy SINGAPORE The market yesterday demonstrated its resilience in the face of adverse overseas events, with share prices closing broadly unchanged despite heavy bouts of profit-taking throughout the day. Both retail and institutional presence was evident, with the Straits Times Industrials Index touching
        Source: Bridge Info  -  1,754 words
      • Article, Illustration
        Insas
        151 32  -  HOT STOCK By Paul Leo INSAS has ranged between 30odd cents and Sl.BB over the past seven years. The monthly chart shows that each time the stock reaches its peak around $1.88 as in July 1987 and February 1990 the RSIs go into overbought region. And subsequently, the stock
        151 words
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      313 words
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      230 words
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      77 words
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      494 24 18 Prestigious Reciprocal Clubs DONT MISS Tanah Merah/fjg| \1 \l U i ll I iLy \J k N A A AilU'U' Orchid CountryfcJS VATTB IT A (OHP CTIAT Johore *To be finalised soon ll I I (I 1 Tanjong Puterif MB 111 A tlil \1 II I 11/UA „jfw u
      494 words
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      117 25 Should we run this by fj hjQy QJy you once more I 'thick Bouillabaisse, V f) Of) I Roasted Quail with jk y^Nj! <J iVQy Ob Poienta, al dente pasta, rJ 0 QT? nch VAiXn UXa qAJLXY. J fVQy a/LQATUV Zaha J^ /"I /"l dnd the creamy voice of oX
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
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      Page 27 Advertisements Column 2
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      45 words
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      Page 30 Advertisements Column 1
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      41 words
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      100 31 SINGAPORE: THE HOUR GLASS Talushiman Shopping Centre Tel: *****20/1 Luckv It r Pla/a Tel: *****62/543 Scotts Tel: *****27/7198 Gentrepoint Tel: *****98/ -A /'Jf MM 603 Peninsula Plaza Tel: *****09/*****63 Raffles Tel: *****41/1169 World W Trade Onire Tel: *****51 /1007 Ghangi Airport Terminal 1 (Wesi Wing) .J^jMLJL Tel: *****60. Terminal 2
      100 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Long, slow haul ahead for shipping market
      445 33 Reuter LONDON Next year is unlikely to bring early relief to the ailing shipping market as an oversupply of vessels continues to hamper any upturn in freight rates, brokers and analysts say. "We shall not see any improvement in Panamax and Capesize rates
      Reuter  -  445 words
    • Article, Illustration
      S African port to build 2 general berths
      276 33 SINGAPORE South Africa's busiest port plans to install two new general berths. According to the Inter national Transport Journal, the northern Natal port of Richards Bay is launching its expansion plan to cope with an expected increase in bulk cargoes when a
      276 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      850 33 Page Col ABC Containcrline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bah Orient Line 7 4/5 Bank Line, The 9 5 Barbican Line 4
      850 words
    • Article
      Lock icon 33 orders for M'sian-made luxury boat
      219 33 Bernama LANGKAWI Penang Shipbuilding Corporation (PSC) Sdn Bhd, the builder of Malaysia's first luxury boat LeGenda Lima using local technology, received 33 orders on Tuesday, the launching day of the Langkawi International Maritime and Aerospace (Lima '93) exhibition. General manager of Magnani Holdings (M)
      Bernama  -  219 words
    • Article
      Lock icon United Arab Shipping turns in US$30m loss
      380 33 KnightRidder LONDON The United Arab Shipping Co has reported a loss of more than US$3O million (SS4B million) in 1992 because of currency fluctuations and a decline in freight and interest rates, the Opecna news agency reported on Tuesday from Abu Dhabi. After
      Knight- Ridder  -  380 words
    • Article
      Lock icon APL starts partial-load service to Mexico
      183 33 Bloomberg Business News MEXICO CITY American President Lines (APL) has started a delivery service for partial-load shipments moving from Asia to Mexico. The company said on Tuesday the service will help Mexican importers, retailers and manufacturers who need shipments that don't fill up standard
      Bloomberg Business News  -  183 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        533 34 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port aimco mo3eb pom os 12/1400 1312/0600 Batangas 66 M/S alongside 09 12/2300 Batam Soe<d3 ****** P01A 0812/2000 00 12/2300 Fareas! Hot 12 J5/6 alongside 0912/1200 Batam So«ed3 ****** P01A 09 12,2000 09 12/2300
        533 words
      • Article
        CONTAINER SCHEDULES
        1731 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Acx tadc 1668 10/1100 1 08/1500 08/1669 08/1900 3 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 Ac* Rom 047B 10/2000 1
        1,731 words
    • Article
      THE SHIPPING GUIDE
      12162 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,162 words
    • Article
      SHIPPING AGENTS
      3320 47 ConUinerline NY: Bel sin Shpg Agencies Ptc Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). Adkris Business corporation Philippine: Caisource Shpg Trdg Pte Ltd (S) Ahrenluel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,320 words
    • Article
      COURIER SERVICES
      275 47 Abacus Couriers Tel: 545-8011. Fax: 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. Cits-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
      275 words
    • Article
      AIR FORWARDERS
      1470 47 Abex Express Freight Tel: 542-7171 Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Artivair Singapore Tel: 542-7822 Fax: *****20 Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454 Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,470 words
    • Article
      PORT CONDITIONS
      2322 48 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
      2,322 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1032 48 SHIP SALES TANKER RATES AFP THE MOST noteworthy deal reported this week is the contracts placed by Nepture Orient Lines of Singapore for 2 X double/double VLCCs with Samsung of Korea for a price of US$9O million each. The vessels have placed against the Exxon period timecharter requirement and we
      AFP  -  1,032 words
    • Article
      AIR FREIGHT SCHEDULE
      554 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight T>pe ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      554 words
    • Article
      CRUISE & FERRY SCHEDULES
      690 48 CRUISE FERRY SCHEDULES CRUISE SHIPS An Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone N» DECEMBER 09 10 Azcrtoaydzhan 1800 1700 Kola Kinabalu S pore Soviet Shpg Co 535-2333 Sin Bali 10 10 Renaissance I 1000 1900 Cruise to Nowhere Lines Intl Holdings 224-2763 10 10
      690 words
    • Article
      DAILY FREIGHTS
      973 49 All indications point to a softer trend setting in with little hope of a rebound, as people scramble for business to cover the approaching holiday period, brokers said. There was a complete lack of key grain fixtures reported, although the US Gulf attracted a couple of 25.000 tonne
      973 words
    • Article
      TRANSPORT DIARY
      103 49 COURSES Title: Transport Disciple Duration: December Organiser The Chartered Institute of Transport Xgt 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
      1043 49 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
      1,043 words
    • Article, Illustration
      Lock icon Two-tier charter market still grounded
      1050 50  -  There are simply too many vessels chasing after too few cargoes, reports lan Cochran Ian Cochran Lloyd's List Green Tanker Guide CHARTER premiums for tankers fitted with double hulls are a thing of the past as current market conditions, especially for large tankers, are depressed.
      Lloyd's List Green Tanker Guide; Source: Clarkson Research  -  1,050 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Lockheed expects share earnings of US$6.60 this year
        419 52 Reuter CALLABASAS, California Lockheed Corp chairman Daniel Tellep expects the company's 1993 share earnings to come in at around US$6.6O to U556.65 a share on revenues of about US$l3.O billion (5520.86 billion). He told reporters at a press briefing here on Tuesday
        Reuter  -  419 words
      • Article, Illustration
        Lock icon VW chairman unveils medium-term strategy
        730 52 Aim is to slim a duck that has grown too fat to fly FT FRANKFURT The fat duck of the German motor industry will be fit for take-off in around 12 months. With a following wind it will then soar, landing once a year to
        FT  -  730 words
      • Article
        Lock icon Boeing chief expects sales to fall next year
        260 52 Reuter NEW YORK Boeing Co chief executive officer Frank Shrontz said he expects the company's total sales to fall in 1994 from estimated levels of USS2S billion (SS4O billion) in 1993 and USS3O billion in 1992. "I suspect (sales) will be down
        Reuter  -  260 words
      • Article
        Lock icon Strike will hit American's 4th-qtr earnings
        171 52 Reuter, AFP DALLAS The recent fiveday strike by American Airlines flight attendants will reduce fourth-quarter earnings for the carrier by at least USSI6O million (***** million), the company said on Tuesday. The strike is also expected to add to the losses predicted for the
        Reuter, AFP  -  171 words
      • LOG BOOK
        • Article
          Lock icon Parana River dredge bids delayed
          87 52 Knight-Ridder BUENOS AIRES Citing technical problems, Argentina has postponed until Jan 14 the opening of international bids for a 10-year contract to dredge the Parana River and Platte Estuary shipping channels, the Economy Ministry announced on Tuesday. The bids, reportedly a total of seven, were
          Knight-Ridder  -  87 words
        • Article, Illustration
          Lock icon Suzuki's Cappuchino at Indian show
          46 52 Reuter NEW DELHI Indians crowding round the Cappuchino. a two-seater sports car by Suzuki Motors of Japan on display at India's Auto Expo 93 on Tuesday. More than 600 exhibitors from around the world are taking part in the exhibition. Reuter
          Reuter  -  46 words
        • Article
          Lock icon Novorossiisk port back to normal
          108 52 Knight-Ridder MOSCOW The Novorossiisk commercial sea port, Russia's biggest port on the Black Sea. has resumed normal operations after a 24-day virtual standstill caused by severe storms, according to a statement issued by the port authority on Tuesday. The port is now handling its normal
          Knight-Ridder  -  108 words
        • Article
          Lock icon Budapest to run gas-powered buses
          80 52 AFP BUDAPEST The Budapest municipal board plans to replace some 400 diesel-powered buses with gas-powered ones to rid the capital of heavy pollution generated by public transport, city officials said on Tuesday. The plan would cover the next two years and would cost some 600
          AFP  -  80 words
        • Article
          Lock icon Canadian agency ends hoppers pact
          102 52 Knight-Ridder VANCOUVER Canada's Grain Transportation Agency has suspended an agreement allowing Canadian railroad companies to use their hopper cars in the US, as a domestic railcar shortage stalls grain exports, the Vancouver Sun newspaper reported on Tuesday. The newspaper quoted Bruce McFadden, GTA director of
          Knight-Ridder  -  102 words
        • Article
          Lock icon Crossair to pay dividend
          65 52 Reuter BASLE. Switzerland Swissair-Schweizerische Lufverkehr AG's majority-held regional airline Crossair said it would pay a dividend this year for the first time since 1989. Crossair added that in the current year it expected to record a "good result", allowing it to pay a dividend. Profits next
          Reuter  -  65 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1406 52 City FUgbt ETA fgW ETP Abu Dhabi GA985 1420 Adelaide QF81 1930 QF82 2050 SQ228 2035 SQ25 0635 Amsterdam GA975 1140 KL838 2320 Kl M7 I <vdfl SQ323 1815 SQ26 2359 Auckland NZ21 1710 8A11 1455 SQ288 2030 SQ286 2035 SQ288 2045 B Serf Begawan BI421
        1,406 words
      • Article
        Lock icon Unusual railcar movement in US expected to continue
        168 52 Knight-Ridder DETROIT Unusual patterns of railcar movement in the US and Canada the past few weeks are expected to continue into this spring, a speaker told the National Grain and Feed Association's country elevator meeting here on Tuesday. Bill Harding, president of
        Knight-Ridder  -  168 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1 33 Lubricant
      1 words
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      Page 33 Advertisements Column 2
      24 33 Lines and services represented Members of the Registry of Accredited Mppjng Agmts, Singapore National Ship- xXjgJW/ For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      24 words
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      Page 33 Advertisements Column 3
      66 33 THB jj& FAMOUS aga/MMll lil'MIHIl 224 1833 For more information please refer to Pg. 13 Two-tier charter market still grounded, Page 18 Lockheed expects share earnings of US$6.6O this year, Back Page lg§iif .--C'. »T•»■L"*""-•*-':i_v..*- I M »t, 4 r I -s -T r -k. J Vi ..>• <■, '>.-
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      418 34 TSKLINE AGENCIES (S) PTE. LTD. I V *mTTI Tel: 226-3363 HP™} J. .J.l\. LUNt TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I IQBIW tw m w it ai 1 m m~ w s» ACX ROSE 0478 **06.12 **0112 07.12 10.12 1112 1112 21.12 21.12 22.12 23 12 HKAWA I 0366
      418 words
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      Page 34 Advertisements Column 2
      1630 34 PWtCT TO USA WlfT CQAtT |»C»-«ro« CAUOHHIA ttmjM) TO «A«T MtPtTtWyUWAM ffUU. COOTAMM «HIVIC«1 I Jffitt to. £BX Li rn IS SU _Ptt P WWW JUSI WTM STOW nucus I tsiwu. I wjjlwhb*! rTW hhmu* bout lhassqi im JMI CALIFORNIA AJPITER 69 1416 12 11 OMIT 6 1 71 41
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      2226 35 MIWNfI A<>£NC,ES STS G B S^L A N 71f7?7^X^:*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T |L.624I44FAX_ *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 £0* TEL *****3/4 F>U*****6 CFS (PSA F5) TEL: *****21/ *****79 lOHOR RAHmi TEI 07 *****0 FAX 07 *****9 CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL
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      Page 35 Advertisements Column 2
      1876 35 U. S. A. /CANADA NEXT AVAILABLE SAILINGS SL EXPRESS V.202E ETA SIN 13TH DECEMBER 1993 MAYVIEW MAERSK V.9402 ETA SIN 14TH DECEMBER 1993 ANDERS MAERSK V.9320 ETA SIN 15TH DECEMBER 1993 vessel Voy ETA ETD Feadar Dy SL nT™ DESTINATIONS thts mayv«w maersk V 9402 1 II cr 14/12 oaoo
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      1621 36 AQABA R DAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA HANNCVER EXPRESS 17/348 12/12 20/12 27/12 29/12 2/1 4/1 6/1 Pof Kelang. Penang THAMES 20/149 15/12 2/1 5/1 4/1 Pasir Gudang KAI 05/349 18/12 27/12 2/1 5/1
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      Page 36 Advertisements Column 2
      589 36 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ociwrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN CGM NORMANDIE V.2443 13/12 NED
      589 words
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      Page 36 Advertisements Column 3
      1108 36 I 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 SINGA 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
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      2042 37 PfW STRAITS SHIPPING PTE LTD fl£E|f 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC UNE €GSu (A BERVtCE 0F CH,NA NAVIGATION CO) cargo out sajls RAM* BROOKE ¥291 Muara. Lab 0< 09 Dec 10 Dec 11 Ok FC L LCL CONTAMER ANO
      2,042 words
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      Page 37 Advertisements Column 2
      2672 37 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd \*i B iVI W m B1 114% 1 1 1 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 Jr CR Number **********0Z EXPORT IMPORT vessel vov >mo *mo «n alq
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      544 38 m m r GENERAL AGENT C R NO *****81-OOOOD EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE P~MYANMAR TRADE PAGER HANDPHONE/piBECrH wee MANO 1 "9 cm MWM CITY henry hoc i'Wi< 727M»/M«IW KUV«N CHAN H90«25 TO MYANMAR/YANGON SEMI CONTAINER SERVICE JSgggZ M OCEANLINES VSI/VOY SPORE
      544 words
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      1796 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FDR VSI SIN IRC HAUL SEA YW POX FOR ttl SM UK HAH SAV KM NYC HANJIN VANCOUVER 015£ 10 12 DMECT 30 12 31/12 1/1 HANJIN VANCOUVER 015 C 10 12 M PROSPERITY 0331 13/1
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      Page 38 Advertisements Column 3
      1455 38 J -J TrTTT^TTI^k I mi isc nc tie pis mi o» k< sw no lucks ui ire im m n nr ik m ca m I ■E. OEM* K4M 13/12 14/12 »12 19/12 22/12 24/12 S/12 27/12 a;l2 21U 13 1 25/1 27/1 21/1 7/2 1/2 9/2 11/2 12/2 21/2
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      2605 39 NEPTUNE ALEXANDRITE 08W' ETA SGP 13/12/93 II II jfejg I ETA RDM 29/12/93. FLX 30/12/93, II II "sfp« I BRE 01/01/94, LEH 03/01/94 HI ■I e >" I u HI <' H *R1 Connecting Mop tuna Cyprlne Vov 05£ in HK6 08/01/94 I Connocting California Saturn 6a in HKG 15/01/04
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      Page 39 Advertisements Column 2
      1133 39 9 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD —CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 MSKk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 W lIVI Cn\/ AGENTS: KL: 03-*****75/697 PKLG: *****43/ *****40
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      1858 40 _> ft AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CR No: **********0 M) m TEL *****77 TELEX KAWAKI R*****5 FAX- *****16/7/8/9 I V T Ki 1 MALAYSIA K" LINE MARITIME (MALAYSIA) SON BNO I TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA P.T. SARANA LAUTINTERNUSA.
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      1033 40 fpWSSft PHI LI-on I (NT LINGS PT€ LTD W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 11 DEC SYDNEY. MELBOURNE, BRISBANE. FREMANTLE I 11 DEC AUCKLAND, WELLINGTON, LYTTLETON.
      1,033 words
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      921 41 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I SSSS<M MflH CR NO **********0E I VESSEL VOY SIN CMB JIB JED AQJ ADE HOD PZU ASA .Jj. KOTA WIRAWAN WRNO3S 18/12 23/12 29/12 1/1 3/1 31/12 1/1 4/1 KOTA WUAYA WJAO3S 29/12 3/1 9/1
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      Page 41 Advertisements Column 2
      1198 41 Mill I Mil LI Ml 1 I VESSELS VOT SPORE HAMBURG ROTTERDAM ANTWERP THAAES It HAAVf V gu Dt MB 9131W IS/12 09,01 11/01 12/01 13/01 15/01 KLLAS MACEDOMA 9431W 22/12 11/01 20/01 21/01 22/01 24/01 WUt D' AQULA 7531W 27/12 22/01 24/01 2VOI 27/01 29/01 VILLE Dt TUCANA 9531W
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      Page 41 Advertisements Column 3
      399 41 _BSA^ Ml MYANMA SBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P Gd| GAN V2O3W 10/12 Oac *GU VI2IW 14/ IS Dec A AN VI9OW 23/26 Dec lALAYSIA AGENTS BOUSTEAO SHPPttG AGEWCIS U. TEI 03 2****** PKI TEL 03 *****67 EN: TEL 04 *****5
      399 words
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      2893 44 Full Container Liner Services Malaysia 's Agents: Indonesia 's Agents: General Agents: Booking Agents: Guan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 58 Fersioron Undo Miiu La* 3.34, 3rd Floor, 11. IK. H.
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      586 45 I FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 13/12 j ROTTERDAM 13/12 AARHUS/COPENHAGEN 13/12 HAMBURG/BREMEN 13/12 MARSEILLE/FRANCE 14/12 FELIXSTOWE/UK 13/12 BARCELONA/SPAIN 16/12 LEHAVRE/FRANCE 13/12 GENOA/ITALY tl/12 ANTWERP/BELGIUM 13/12 LOS ANGELES/WC/IPI 12/12 SYDNEY/MELBOURNE 12/12 NEW YORK/EC 10/12 FREMANTLE/ADELAIDE 10/12 VANCOUVER
      586 words
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      1091 45 I iP^HHB^^^P^BB|BW®H h vessel vov sin jkt §> vessel voy sin pen CHAIYA BHUM 2?S Fn 10/12 Tua 14/12 B SEROJA 740N Fn I 10/lsT Sat 11/12 VESSEL VOY SIN BKK BHATRA BHUM 07S Sat 11/12 Wxl 15/12 PERK ASA 11N Fri 10/12 Tua 14/12 THANA BHUM O>N Fri 10/12
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      Page 45 Advertisements Column 3
      611 45 Guaranteed Sailings to-. BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA* PENANG• HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS pi DONGNAMA LINE COMT/UNCTIBCP WEWVICE STRAIT 8/BL W/INC BSN vessel src nt mi n b» ik TU.SOAS V3I2M 16/12 11/12 20 12
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      1739 46 PJIBMN CONTAINER LINES I MAC-NELB SPORE: *****22 (24 LINEB) UV v 'c/w Mae uillir SIBU (064) *****9 KUCHING (062) *****3 PENANC* (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANGL (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 10/12 11/12
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      Page 46 Advertisements Column 2
      185 46 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ETA ETA n» SPORE PORT KILANG KMNG BLUE lAK 15/12 lo«fcr| tor Ma* RUVM HUOMU 7VI? Oschargirg and iMdmf lot oan« 9/12 Toadirj f<K Ma»e HOWE* sum* 14/12 11 '12 loading For Mak UMMZOH 20'12 loading fof Male PROGRESS IKKTY 11/12
      185 words
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      Page 46 Advertisements Column 3
      974 46 jT THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I W W TEL: 227 5088 FAX: 227-6011 I I gjy TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL m S PORE lEST VESSEL VOT S POtE PEST EQUATOR
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      57 49 f Executive Housekeeper -this hctelj O ivttv I I wants is me. Bub I'll never neglect I this House, baby 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 NEWS
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      23 49 \Cw"'s' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE f 1 Business Times we KNOW ASIA
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      707 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1800 1900 2000 2100 2200 2300 ft 1.1 1.0 1.1 1.4 1.1 2.2 2.5 2.1 26 2.3 2.0 1.6 1.3 1.1 1.0 1.0 1.3 1.6 1.9
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      Page 50 Advertisements Column 1
      687 50 _j_ VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 68NB 10/12 93 18/12/93 VIGOUR SINGAPORE 68ANB 13/12/93 18/12/93 LOADING EVERY VIGOUR PACIFIC 33N8 17 12 93 25 12 93 FRDAY A» MONDAY VIGOUR PACFIC 33ANB 20/12/93 25/12/93 POttt klanq/penanq pull cowtaiweß sibvice VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE
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      Page 50 Advertisements Column 2
      312 50 @APPENSHIP /Q\ HAMBURG ITTJ CONVENTIONAL A INDEPENDENT LINER SERVICE V EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING POSTS DISCHARGE LOADING FOR VASILIY KOVAL PORT SAID 19 11.93 SPORE 13/12 BKK 18/12 FORUM AKASAKA ANTWERP OS 11.93 SPORE 16/12 HARMONY SEA 13.11.93 SPORE 20/12 KOALA CONTAINER LINE SPORE
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      Page 50 Advertisements Column 3
      374 50 i. cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangztrau 4 COSCO FULL CONTAINER SERVICES (FCUFCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      914 51 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOT PNA PKE PGP VESSELS VOY_ SIN RTM MT* LEH* HAM BWEt FEL NOR MALACCA 9349 A 06/12 07/12 09/12 H. FRONTIER 308H 13/12 05/01 06/01 08/01 01/01 01/01 04/01 HMM ADVANCE 033 A 13/12 14/12 16/12 H.
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      Page 51 Advertisements Column 2
      482 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUHD VESSELS KISSEL NT SF Ml He M cosac TIAMI 4? 21/12 27/12 SOMA! 24 tl/12 11/12 lAAI KILAN 22 12/12 MAKE MOW 41 11/12 12/12 SI ALARM H 15/12 SHI AIEISM 12 2/1 4/1 OUTBOUND VESSELS LOAPINC FOR m SEALARK
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      Page 51 Advertisements Column 3
      947 51 VISSEL TvOY SJN ETA/D [ILAX [OAK [c»i TdAL MEM/COL HOU NYC 1 NOR HEttV HUDSON BRPGE 71A M-17/12 02/01 04/01 05/01 06/01 06/01 07/01 07/01 OS/01 ALLIGATOR TRUTH 51A 23-21/12 09/01 11/01 12/01 13/01 14/01 14/01 14/01 15/01 MACKMAC HODGE 73A 30-31/12 16/01 18/01 19/01 20/01 20/01 21/01 21/01 22/01
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