The Business Times, 10 December 1993

Microfilm: NL18967
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Friday December 10 1993 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 10 points
      58 1 Reuter NEW YORK Wall Street stocks stayed mixed at midday and what strength the market had was concentrated in blue chips, which received early support from firm overseas bourses and a slightly higher bond market. At Ipm EST. however, the Dow Jones index of 30
      Reuter  -  58 words
    • Article
      Lock icon Russian growth could be world's fastest
      71 1 Reuter LONDON Russia could be the world's fastest-growing economy by the turn of the century, growing between 5 and 7 per cent, a top Western economic adviser to the Russian government said yesterday. Future growth would be from a low base, with an abundance
      Reuter  -  71 words
  • Article, Illustration
    MARKET SUMMARY
    116 1 Stock market indices Friday Change STII 2.166.32 +7.11 KLSE Composite... 1.067.34 +6.55 Nikkei 17.061.91 +553.96 Hang Seng 9.990.26 240 03 SET Index 1.480.63 +43.71 Jakarta Composite ..525.32. +2.0 CLSA China B 1.307 92 -6 69 Aust All Ord 2095.7. -0.3 FTSE 100 3.271 -5.8 Thursday Previous I pm
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  • Article
    Tang's interim loss points to squeeze in retail sector
    583 1  -  By A J Leow SINGAPORE The squeeze in the retail sector is becoming evident with a second large local retailer declaring red-ink interim results. Listed C K Tang yesterday said it suffered a net loss of $5.47 million in the six
    583 words
  • Article
    Lock icon Gatt negotiators headed for showdown over services trade
    424 1 AFP AP. Reuter GENEVA A showdown over trade in services was looming between the United States and its key European and Asian partners here yesterday as weary Gatt negotiators settled in for a weekend marathon to clinch a world trade pact. As
    AFP; AP.; Reuter  -  424 words
  • Article
    Five accused will have to answer charges in February
    331 1  -  The OSA trial By Abdul Hadhi SINGAPORE The five men accused in the Official Secrcts Act (OSA) case will have to answer the charges against them. Senior District Judge Richard Magnus yesterday rejected defence lawyers' arguments for the case to be
    331 words
  • Article
    S'pore may buy electricity from YTL
    507 1  -  By Teh Hooi Ling SINGAPORE The Public Utilities Board may buy electricity from Malaysia's YTL Corp. one of four independent power producers across the Causeway. Malaysia's Minister of Energy and Telecommunications and Posts, S Samy Vellu. said yesterday at a press conference in Kuala
    507 words
  • Article, Illustration
    Ghafar Baba takes over as chairman of Union Paper
    342 1  -  By Joseph Rajendran SINGAPORE Former Malaysian Deputy Prime Minister Abdul Ghafar Baba (above) has been appointed chairman of Union Paper Holdings, a company that has figured prominently on the Kuala Lumpur Stock Exchange this year. Mr Ghafar, who joined the board
    342 words
  • Article
    Singapore, KL and Hongkong stocks set new records
    294 1  -  By R Sivanittiy SINGAPORE Three regional stock markets rewrote the record books yesterday, as institutional and retail investors continued to pump funds into equities. In Singapore, the Straits Times Industrials Index ended a hectic day of trading at a new record close
    294 words
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      109 1 (1 deplds 1921 fft |«Sr- SledgerS ft made in France r Petite 102-36. Certrepoirt *****68) Takashtmaya Dept Store Galenes Lafayette Stngapore and selected retail outlets CONTENTS SSSV*.. Regional News 3,4.5 Financial 20.22 World News 7.8 Features Markets Analysis 15 Ctob/KISE. SES 2fr2B Editorial 14 Regional 23 Sports 11 World 25
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      7 1 Advertising: /># 9 Cambodian soft-drink rivals trade blows
      7 words
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      21 1 Hock Lock Siew: Pk hA DCCs may not be after all Seoul to open rice market. Tokyo holds back. Page 16
      21 words
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      127 1 Jfhe Bottom Line: Pg 16 yndia poised for takeoff IPisHl NIPPON PAINT Working Beautifully, Everywhere. Which stocks are going to fly in 1994? Six fund managers look back at this year's disappointments and pick next years winners among Singapore. Malaysian and regional stocks In Personal Finance Investment tomorrow Full reports.
      127 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Growth in retained imports slows down
        291 2  -  By Schutz Lee DOMESTIC demand for foreign-made goods increased by a smaller margin in October than in the last three months, judging by the portion of imports retained for local consumption. In October, the volume of retained imports imports less re-exports grew by 15.7
        Source: Dept of Statistics  -  291 words
    • Article
      Telecom's optical fibre island-link
      170 2 SINGAPORE Telecom will complete a $4.2 million project to link five southern islands to the mainland this month using optical fibre. The upgrading project will provide Telecom customers on the islands of Pulau Seraya, Pulau Sakra, Pulau Merlimau, Pulau Ayer Chawan and Pulau Ayer Merbau with
      170 words
    • Article, Illustration
      New indices show quality of life has improved since 1986
      527 2  -  By Anna Teo IF CiDP is the yardstick of Singapore's economic success, what measures its social health? Drawing from countries that have developed measures to track the quality of life, the Department of Statistics (DOS) has come up with composite
      527 words
    • Article, Illustration
      Lock icon Raffles' Christmas tree auction raises $95,900 for charity
      189 2  -  By Paul Leo SOLD to the lady in black! Delia Lee, wife of Lee Foundation chairman Lee Seng Gee, was the highest bidder last night at the black-tie Raffles Gala Christmas Tree Dinner. Mrs Lee, looking very much like a young Imelda
      Photo by Chris Loh  -  189 words
    • Article
      Body Shop re-opening five of 12 closed units
      325 2  -  By Corinne Kerk POPULAR toiletries and cosmetics chain. The Body Shop International (BSI). is reopening five of its 12 stores here. Today, it officially reopens its Scotts Shopping Centre outlet, after having reopened another in Wisma Atria yesterday. The Body Shop outlets
      325 words
    • Article
      Corporate diary maker posts 40pc jump in Singapore sales
      252 2 NIPPECRAFT Ptc Ltd. a leading maker of corporate diaries and organisers, has seen a 40 per cent jump in local orders to $4.5 million this year. Chairman and managing director Evan Coady estimates that Nippccraft has about 50 per cent of
      252 words
    • Article
      Disk drive maker succumbs to keen competition
      378 2  -  By Claire Leow TOUGH competition in the disk drive industry has claimed a small player which started here just two years ago. Taiwanese-owned Myrica Singapore which took over the Übi factory of failed drive maker Rodime Singapore in late-1991 has ceased operations. Myrica
      378 words
    • Article
      Asian firms urged to tap world computer market together
      291 2 THE computer industry of the future will be dominated by companies which have niches of their own, whether it be software, hardware, services or resellers. Stan Shih. chairman and chief executive of Acer Computer, said yesterday. Mr Shih said that the
      291 words
    • Article
      Leading music store opens first S-E Asian outlet here
      301 2 TOWER RECORDS, one of the world's leading distributor of recorded sound, video and books, is opening its first South-east Asian outlet in Singapore tomorrow. The 11.400 sq ft megastore at Pacific Plaza in Scotts Road will feature 16 listening stations, a
      301 words
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  • THE REGION
    • Article
      Lock icon Thailand plans to further ease financial, banking sectors
      390 3 Reuter BANGKOK Finance Minister Tarrin Nimmanahaeminda says Thailand plans to further liberalise its finance and banking sectors after the Uruguay Round of trade talks are concluded next week. Mr Tarnn told a function on Wednesday night that Thailand would soon ease tax
      Reuter  -  390 words
    • Article, Illustration
      Lock icon M'sia considering infrastractural projects to promote aerospace industry
      472 3 Bernama AFP LANGKAWI Malaysia is considering various infrastructural development projects to promote its nascent aerospace industry. Deputy Minister for International Trade and Industry Chua Jui Meng yesterday said the projects, which will be eligible for tax incentives, include the development of a
      Bernama; AFP; Reuter  -  472 words
    • Article
      Whither Indonesian politics?
      676 3  -  From Maggie Ford in JAKARTA THE travails of the small but increasingly successful Indonesia Democratic Party are fast becoming a barometer of movement in the country's politics. Decisions over the next few days may show whether the prevailing winds are set fair or due for change. Yesterday,
      676 words
    • Article
      Lock icon Manila, KL agree on joint fishing ventures in Spratlys
      329 3 AFP, Reuter MANILA The Philippines and Malaysia yesterday agreed on joint fishing ventures in the contested Spratlv islands in the South China Sea. Philippine Foreign Secretary Roberto Romulo told a news conference he and his Malaysian counterpart discussed cooperative ventures in
      AFP,; Reuter  -  329 words
    • ASIA NOTES
      • Article
        Lock icon Philippines expects dip in investments
        79 3 Reuter MANILA Foreign investment in the Philippines is expected to decline this year but pick up in 1994. The Centre for Research and Communications, an economic think tank, yesterday said foreign investment was expected to drop to US$57O million (SS9O6 million) this year from US$736
        Reuter  -  79 words
      • Article
        Lock icon China bans Christmas
        48 3 AFP BEIJING The Chinese government, in a move worthy of Scrooge, has slapped a ban on Christmas. The Guangming Daily yesterday reported that the education ministry had told students in university and colleges not to celebrate Christmas Day, Valentine's Day. or April Fool's Day. AFP
        AFP  -  48 words
      • Article
        Lock icon Hanoi to reschedule debt
        88 3 AFP. Reuter HANOI Vietnam will seek to reschedule most of its US$4.5 billion hard currency debt before the Paris Club of government creditors next Monday. Banking sources yesterday said rescheduling was required under a new loan agreement Vietnam signed in October with the International Monetary Fund,
        AFP.; Reuter  -  88 words
      • Article
        Lock icon Thai trade deficit widens
        53 3 Reuter BANGKOK Thailand's trade deficit widened to about 20.8 billion baht in October from 7.8 billion a month ago and 16.7 billion a year ago. The Bank of Thailand yesterday said October's current account deficit also widened sharply to 16.8 billion baht from 6.8 billion a
        Reuter  -  53 words
      • Article
        Lock icon Taipei cuts GNP growth target
        69 3 AFP TAIPEI Taiwan's Cabinet yesterday passed its 1994 national construction plan, cutting its gross national product growth target to 6.2 per cent from the original 7.0 per cent, citing a weak global economy and cutbacks in state spending. GNP is now seen rising 6.0 per
        AFP  -  69 words
    • Article
      Lock icon Thai floating hotel may leave Cambodia
      348 3 AP PHNOM PENH A Thaiowned floating luxury hotel closed its doors yesterday and considered leaving Cambodia after the government ordered it to move at a cost of 10 million baht (*****.000). General manager Vasan Jotikasthira said that several weeks ago, the government ordered the
      AP  -  348 words
    • Article
      Lock icon Chinese reformers wary of stock ownership for state firms
      597 4 Reuter BEIJING China's economic reformers are wary of turning huge, loss-making state firms into shareholding firms even though that may be the only way to make them healthy enterprises, analysts said yesterday. Officials and foreign economists said yesterday that Beijing is
      Reuter  -  597 words
    • Article
      Lock icon Austerity plan will continue, says China's central bank
      391 4 Bloomberg Business News BEIJING China's ccntral bank has released a report card on its campaign to cool the nation's overheated economy, concluding that the tough measures will continue "in the near future the official Financial Aot v said yesterday. The figures, which
      Bloomberg Business News  -  391 words
    • Article
      Lock icon Taiwan will donate or throw away imported rice: official
      360 4 Bloomberg Business News TOKYO If Taiwan is forced to import rice, says Sun Ming-hsien, chairman of the country's de facto agriculture ministry, it will just donate it to needy countries or throw it away. That statement, reported by Taiwan's media yesterday,
      Bloomberg Business News  -  360 words
    • Article
      Lock icon Sino-UK talks on HK container port end in failure
      341 4 AP LONDON Talks between Britain and China on a new container port for Hongkong and other practical matters ended in failure yesterday, clouded by the two nations' political dispute. "All in all this was a disappointing meeting with very little achieved."
      AP  -  341 words
    • Article
      Lock icon Most people in HK satisfied with present situation: poll
      209 4 AFP HONGKONG Most Hongkong people said they are satisfied with the present situation in the British colony despite Sino-British rows over electoral reforms for the territory, according to the results of a government survey issued yesterday. The survey, which involved telephone
      AFP  -  209 words
    • Article
      Lock icon Japan expected to cut back on overseas expansion
      465 5 AFP, Reuter TOKYO Japan, still suffering from recession, is unlikely to recover its appetite for expanding overseas in the near future, Vice-Finance Minister Kosuke Nakahira said yesterday. Mr Nakahira, who is in charge of international affairs, said in an interview that many
      AFP,; Reuter  -  465 words
    • Article
      Lock icon Hosokawa rapped over controversial loan
      468 5 11-year-old transaction with scandal firm under scrutiny AFP TOKYO An old "loan" from a firm now caught up in a major scandal has come back to haunt Japanese Prime Minister Morihiro Hosokawa at a time when he is struggling to implement his anti-corruption programme. The
      AFP  -  468 words
    • Article, Illustration
      Lock icon A mother's plea
      43 5 Reuter KARACHI rhe mother of a man arrested here yesterday for taking part in violent demonstrations to demand the release of Murtaza Bhutto, jailed brother of Pakistani Prime Minister Benazir Bhutto, begging a paramilitary ranger to free her son. Reuter
      Reuter  -  43 words
    • Article
      Lock icon Toshiba lost millions to cover up E German project: report
      351 5 AFP TOKYO Toshiba Corp said on Wednesday that it was investigating reports it had transferred microchip technology to East Germany in 1987 amid allegations of a cover-up of the deal, which violated controls on exports to communist countries. The admission,
      AFP  -  351 words
    • Article
      Lock icon Team probing Indian financial scam approves final report
      266 5 Reuter NEW DELHI A parliamentary committee probing India's worst financial scandal approved its final report on Wednesday, toning down earlier criticism of Finance Minister Manmohan Singh, committee sources said. Joint Parliamentary Committee (JPC) chairman Ram Niwas Mirdha told reporters the 30-member group
      Reuter  -  266 words
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      148 words
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      102 4 it y.W% ?lu SLjrft/ >.v»i; ?4 ~%< >igy •>:jfe/ t PP^i- k A-' 4 i ij. j.5- j',) •>. I 5 j» U'-vS k'U;;a 'f v :V, Jlite ,4 M.J L; 4 <*• J i ?i Wf. J—» M i>; *V i i y f ft*' i' Only Once A
      102 words
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      133 5 vj Jjtj/r*JH^ WAI Igyagi- isDiscreetly. As you would expect of the world's hred technology with the refinement of traditional and comfort. Equally reassuring is the 3 year Jaguar h r _jfe pl >nd prestige of the new faguar XJ6 remain unrivalled. include twin airbags for increased safety, and 10-way programme
      133 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Kim's charisma counters slide to economic oblivion
      1134 6 North Korea in crisis: interview with Dr Yeon Ha C'heong Dr Yeon I la Cheong is the Seoul-based director of the Centre for North Korean Economic Studies at the prestigious Korea Development Institute. Among other things, the think-tank tracks the economic performance of
      1,134 words
    • Article, Illustration
      Lock icon N Korea admits economy in grim state
      367 6 Reuter TOKYO Stalinist North Korea, isolated on the international stage, acknowledged for the first time yesterday that its economy had suffered "grim trials" and was now in a grave situation. The unprecedented statement. coming after years of rosy propaganda claims that all was
      Reuter  -  367 words
    • Article
      Lock icon Clinton now more pessimistic
      262 6 NYT WASHINGTON President Bill Ginton said on Wednesday that he could not be confident that a crisis could be avoided over North Korea's refusal to allow international inspections of its nuclear plants. At a luncheon with reporters, Mr Clinton sounded more pessimistic about the situation than
      NYT  -  262 words
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      946 6 C.K. TANG LIMITED (Incorporated in the Republic of Singapore) INTERIM REPORT For six months ended 30 September 1993 The directors announce the unaudited half-year results of the Group and the Company as follows:GROUP W- COMPANY %W--30-9-93 30-9-92 30-9-93 30-9-92 Ssooo SS'OOO SS'OOO SJ'OOO 1. Turnover 83,666 78,978 5.9 77,233 73,495
      946 words
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  • THE WORLD
    • Article
      Lock icon Billions at stake in US-EC movie showdown at Gatt
      318 7 Reuter WASHINGTON A transAtlantic showdown over movies is shaping up as a possible deal-breaker at the Gatt that could cost Hollywood billions in lost sales. While not the usual stuff of trade wars, the cultural battle pitting brassy Hollywood against high-brow
      Reuter  -  318 words
    • Article, Illustration
      Lock icon Even that daily cuppa is far too expensive
      46 7 Reuter MOSCOW An elderly Russian woman trundling ber shopping trolley past a Western advertising board in central Moscow on Wednesday. A typical monthly pension of 40,000 roubles would buy about eight jars of coffee in the advertisement. Renter
      Reuter  -  46 words
    • Article
      Lock icon US govt defends trade concessions to French
      243 7 AFP WASHINGTON Agriculture Secretary Mike Espy said on Wednesday that concessions to the French on subsidised agricultural exports as part of a deal on world trade talks was balanced out by benefits to US farmers. If the United States had not agreed to
      AFP  -  243 words
    • Article
      Lock icon Russia signs declaration for new EC economic, political relationship
      399 7 Reuters, AFP, AP BRUSSELS Russian President Boris Yeltsin yesterday signed a political declaration with the 12-nation European Community that paved the way for a new economic and political relationship. The Kremlin leader, after signing the declaration with Belgian Prime Minister JeanLuc
      Reuters,; AFP,; AP  -  399 words
    • Article
      Many world languages dying out
      195 7 SINGAPORE There arc estimated to be over 6,000 languages in the world but many of them "rare flowers of human thought" arc dying out. In a look at literacy, Uncsco's 1993 World Education Report reckons that only 12 languages arc estimated to have around 100
      195 words
    • WORLD WATCH
      • Article
        Lock icon Gatt textiles committee extends MFA
        97 7 AFP GENEVA The Multi Fibre Arrangement (MFA) was extended unchanged for a year by the Gatt textiles committee yesterday to provide transitional procedures until an agreement under the Uruguay Round took effect, a Gatt spokesman said. Even if negotiations to reduce barriers to world trade
        AFP  -  97 words
      • Article
        Lock icon Clinton to meet Syrian president
        42 7 AFP DAMASCUS US President Bill Clinton and Syrian President Hafez al-Assad will hold a summit meeting in Geneva next month, US Secretary of State Warren Christopher announced. He made the announcement after talks with the Syrian leader.
        AFP  -  42 words
      • Article
        Lock icon Japan, Arab states to hold regular talks
        110 7 AFP MANAMA Gulf Arab states and Japan have agreed to hold regular meetings to boost economic cooperation after two days of talks here, sponsors of the conference said yesterday. More than 200 delegates from Japan and the six Gulf Cooperation Council (GCC) states
        AFP  -  110 words
      • Article
        Lock icon W German insolvencies jump 32.9pc
        82 7 Reuter WIESBADEN, Germany West German insolvencies jumped 32.9 per cent to 1,532 in September compared with the same 1992 month, the Federal Statistics Office said. The office said in a statement this included 1,101 company insolvencies, which climbed 38.3 per cent from a year earlier.
        Reuter  -  82 words
    • Article
      Lock icon Business optimism picking up in US, says Fed
      485 8 Reuter WASHINGTON Business optimism is rising due to stronger consumer spending and manufacturing, but it has not triggered a wave of new hiring, the Federal Reserve said in its periodic review of economic trends on Wednesday. The latest "Beige Book" summary of
      Reuter  -  485 words
    • Article, Illustration
      Lock icon Thatcher denies knowledge of arms sales to Iraq
      378 8 NYT LONDON Former Prime Minister Margaret Thatcher testified on Wednesday that she was unaware that junior ministers in her government relaxed a ban on sales of militarily sensitive goods to Iraq in 1988, allowing President Saddam Hussein's government to buy British weapons-making
      NYT  -  378 words
    • Article
      Lock icon Chile, Argentina, Venezuela may be next Nafta members
      231 8 UPI Mexico City US Commerce Secretary Ron Brown on Wednesday said Chile, Argentina and Venezuela could be the first new candidates for membership in the North American Free Trade Agreement. Mr Brown, in Mexico City on a trade mission and for Nafta
      UPI  -  231 words
    • Article, Illustration
      Lock icon Delors prescribes cure for economic ills of EC
      373 8 AFP BRUSSELS European Community chief executive Jacques Delors delivered his prescription for the EC's economic ills on Wednesday and put the burden on member states to follow through two days before their summit here. Mr Delors accompanied the release of a white
      AFP  -  373 words
    • Article
      Lock icon Leaders seek to end recession, unemployment woes
      283 8 AFP BRUSSELS European Community leaders will renew the search for a cure to their recession and unemployment woes while keeping a watchful eye on global trade talks in Geneva. The deepening economic crisis will top the agenda for a two-day summit in Brussels,
      AFP  -  283 words
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      114 7 [NATIONAL UNIVERSITY OF SINGAPORE j i Presents B j PUBLIC LECTURES PROFESSOR BRIAN ABEL-SMITH j Lee Kuan Yew Distinguished Visitor 13j PUBLIC LECTURE 1 1 j Topic "Cost Containment ta Health Care" JJ Date Friday, 10 December 1993 B ALL WELCOME ADMISSION FREE W The art of writing MOHT° BLANC
      114 words
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      2115 8 BUSINESS TOLL-FREETEL. NO. FAX:74t-1298 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER Of GOU.EK SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 2M<2)<b)] At an Extraordinary General Meeting of the Company held at 391 A Orchard Road
      2,115 words
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      Page 8 Advertisements Column 2
      307 8 CHOY LEE TRADING CO PTE LTD (In Mcmbwt' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #07-19 Singapore 0617 on Thursday 2 November 1993 at 10.00 a.m.. Ihe following Special Resolutions were duly passed 1. That the Company
      307 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Cambodian soft-drink rivals trading hard blows
      802 9  -  The fight for supremacy between Coke and Pepsi is escalating, reports Harish Mehta Harish Mehta A DIFFERENT kind of war is being waged in Cambodia. And it has more fizz than bang. The battle pits arch rivals Coke and Pepsi against each other. And
      802 words
    • COPY LINES
      • Article
        Ball Euro to open office in Shanghai
        51 9 SINGAPORE The Ball Euro RSCG Partnership will open a representative office in Shanghai by the end of the year. This follows the opening of an office in Beijing in April. Meanwhile, the agency has named Karen Tarng as account director for its Taipei
        51 words
      • Article
        New agency bags Qantas account
        64 9 SINGAPORE Newly created ad agency hong, Haque and Soh has yet another account under its belt. The agency will be coordinating advertising requirements for Qantas Airline's South-east Asian markets. The appointment follows a presentation to the Qantas Regional and International Advertising Management and the formation
        64 words
      • Article
        Publishing firm wins HK award
        77 9 SINGAPORE Publishing company Asian Sources Media (ASM) Group has won this year's International Award in the annual Hong Kong Business Awards. The award was in recognition of the ASM Group's achievements over the past five years in terms of penetrating and developing new markets. In
        77 words
    • Article, Illustration
      BSB Singapore makes key staff changes
      323 9  -  By Corinne Kerk BSB Singapore is making key staff changes, somewhat similar to what took place recently at Euro-RSCG Ball Partnership. Managing director Robert Gibralter is leaving his post next year for "a new senior position within BSB Worldwide" and will be "responsible for
      323 words
    • Article
      Lock icon Madison Ave not celebrating despite economic upturn
      506 9 NYT RECENT statistics indicate the US economy may finally be improving. But a leading forecaster is warning Madison Avenue not to break out the champagne and confetti just yet. Robert Coen, in his semiannual presentation of the outlook for ad spending worldwide, said
      NYT  -  506 words
    • Article
      Indon spending on ads up 13pc, says director
      516 10 THE advertisement industry in Indonesia has grown by 13 per cent this year and is expected to expand by another 11 per cent next year, says Indra Abidin, a director of PT Fortune Indonesia. He told a seminar in Jakarta on Saturday
      516 words
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      109 words
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      175 9 u lass 4 >' TZ) at m JJox! Ton dy( Singapore) lv*o(Philippincs) ilw r i -j' Cash Pox introduces a whole my new dimension To trie ultimate I 1 j. art in business entertainment Jf You can now expect a brand new paradise in newlyMondy(P~9) lW" I 'urn,shed sen,ng You
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      46 10 II- I 1 II HI I I I I II I II I *1 llllillß 111 l 9 PERSONAL FINANCE INVESTMENT Even Saturday in Business limes i i if I Jfe I! \(;i«MI > l l< V I <1 |p• I .I v s ■I! I■ I
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  • SPORTS
    • Article, Illustration
      Lock icon Stich, Sampras on par despite different approaches
      471 11 Grand Slam Cup AP MUNICH, Germany Pete Sampras and Michael Stich took a different approach in their preparation for the Grand Slam Cup. But the outcome was the same for both. Sampras, who played more golf than tennis in the last two weeks,
      AP  -  471 words
    • Article
      Lock icon So what's a star college athlete worth?
      593 11 Bloomberg Business News SAN FRANCISCO Is a star college quarterback an unpaid student athlete or an athlete capitalist entitled to share in Ihe lucre his skills bring to his school's coffers? And assuming he should be paid, what's he worth? Setting aside philosophical
      Bloomberg Business News  -  593 words
    • SCORE CARD
      • Article, Illustration
        Golf
        60 11 Singapore vs Malaysia Annual Match today's singles (starting st Bam, Singapore first): A Chelliah vs Jamaluddin Bador. Sean De Luna vs Wong Hung Nung, Douglas T«y vs Zaki Sulaiman. Lam Oiih Bing vs Danny Chia. David Soh vs Rahizam Ramali. Mohd Said Abdul Latiff vs Mohd Din Mohd Nor,
        60 words
      • Article, Illustration
        Lock icon Basketball
        38 11 Reuter MEW YORK NBA WednesdayDetroit 97 Atlanta 105; Boston 129 Sacramento 115; Philadelphia 95 Chicago 88 (OT); Minnesota 111 Portland 114; Milwaukee 97 LA Clippers 100; Utah 113 Washington 91; San Antonio 107 Seattle 109 (OT). Reuter
        Reuter  -  38 words
      • Article, Illustration
        Lock icon Cricket
        333 11 AFP Reuter Reuter MELBOURNE Scoreboard in the one-day international between Australia and South Africa yesterday Australia: M A Taylor b Cronje 30; M J Slater c and b Symcox 73; D C Boon run out 1; M E Waugh c Symcox b Cronje 8; A R Border b Snell
        AFP; Reuter  -  333 words
      • Article, Illustration
        Lock icon Golf
        89 11 Reuter AFP TOKYO 120 million yen (551.77 million) Daikyo Open leading first round scores yesterday (Japanese unless stated): 65 Nobuo Serizawa 66 Tajimc Meshiai 67 Torn Suzuki. Saburo Fujiki, Shinji ikcuchi. Koki Idoki. Brent Franklin (Can). Motomasa Aoki. Tatsuya Nakamura. Reuter AUCKLAND New Zealand Open leading first n»und scores
        Reuter; AFP  -  89 words
    • Article, Illustration
      Republic holds 5-3 lead going into final day
      413 11  -  Singapore vs Malaysia Annual Match ,G°" BY SHAHIRON SAHARI SINGAPORE The republic's players take an encouraging 5-3 lead going into the final day today of the annual match against Malaysia at Sentosa Golf Club but it could just as easily have been
      413 words
    • SIDE LINES
      • Article
        Lock icon Azinger has lymphoma in shoulder
        140 11 AFP INGLEWOOD, California PGA champion Paul Azinger has lymphoma and will miss at least six months of competition having chemotherapy and radiation treatment for the cancer, doctors said on Wednesday. The cancer was found in the 33-year-old golfer's right shoulder blade. The localised nature .of
        AFP  -  140 words
      • Article, Illustration
        Lock icon Aussie Open: Seles can still enter
        110 11 AFP MELBOURNE Former world No 1 Monica Seles had not entered to play next month's Australian Tennis Open when entries closed here yesterday, organisers said. But they are hopeful that the three-time winner will still play in the year's opening Grand Slam at Hinders
        AFP  -  110 words
      • Article
        Lock icon Intrum wins Whitbread second leg
        116 11 AFP FREMANTLE, Australia Intrum Justitia. skippered by Briton Lawrie Smith, won the second leg of the Whitbread round-the-world yacht race yesterday, arriving here from Punta del Este in Uruguay after 25 days at sea. Intrum. which shattered the historic race speed record nine days ago,
        AFP  -  116 words
      • Article
        Lock icon We can beat All Blacks: Roumat
        101 11 AFP PARIS French captain Olivier Roumat predicted on Wednesday that France, who tour New Zealand next year, could topple the home side because of their "stereotyped game". He also said the All Blacks, despite their Bledisloe Cup victory this year against world champions Australia,
        AFP  -  101 words
      • Article
        Lock icon Geddes chases third victory
        52 11 AP GOLD COAST, Australia Jane Geddes of the United States will seek her third victory in four years when the U*****,000 (*****.587) Alpine Australian Ladies Masters championship is phyed over 54-holes at the Royal Pines resort from today. Geddes won the event in both 1990 and
        AP  -  52 words
      • Article
        Lock icon Courier, Martin for Davis Cup round
        93 11 Reuter WHITE PLAINS, New York World No 3. Jim Courier, and Davis Cup newcomer Todd Martin will represent the US in the first round tie against India next March, the United States Tennis Association announced on Wednesday. Wimbledon runner-up Courier and rising star Martin,
        Reuter  -  93 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      64 11 FORECAST THE STRAITS TIMES INDEX CONTEST With the bullish Asian stock condition, we understand the need to hit the iron while it is hot. Why not combine work with pleasure? Forecast the stock market condition and win luxurious yet nostalgic weekend trips. Make the right move now and read up
      64 words
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      Page 11 Advertisements Column 2
      450 11 BUSINESS TIMES TOLL-FREK TF.L No. 1-800-741-1883 FAX 7«1-12S8 GOT THEI "TOO MUCH STUFF" BLUES? Sounds like it's time for a garage sale. Turn your unwanted items into fast cash through The Straits Times Classified. Call 737-1166. fa C.A.T.S. 737-1166 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      816 12 wsM Nothing Beats A BucLftH^ OF Ifll™ A good reason to vtsit Mischief the fun pub: From Spm to Bpm daily, beer and house pouring drinks are at only $3.50++ each. Mischief Is open from 11 am to lam daily <M (till 2am on Fridays, Saturdays Wf eve of P
      816 words
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      Page 12 Advertisements Column 2
      393 12 WHERE TO WINE, DINE AND ENTERTAIN Make Up For Every Meal You've Had To Skip This Week MriMP I If you've been living on a solid diet of work-and-not-much-else lately, give yourself a well-earned rest and head for the Pla/a Hotel's Seafinxi Theatre Restaurant this weekend. Select any item from
      393 words
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      Page 12 Advertisements Column 3
      295 12 Delectable Yong Doa-Fa Baffet at cm. Chatterbox every Satarday and Sand ay. 12.30 pm to 5 pm $14.50 per person M.so++ per child (below 10 yra) f„ Mezzdme Saaptaou Continental Local Afternoon Tea spread at Mezzanine Lounge. Daily. 2 pm to 6 pa $16.00 per person 510.00++ per child (below
      295 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Sunset Boulevard returns home
      756 13  -  Bernard Weinraub on the US premiere of Andrew Lloyd Webber's new musical, based on the classic 1950 film Bernard Weinraub NYT SUBSET Boulevard came home this week. The US premiere of Andrew Lloyd Webber's new musical, based on the classic 1950 film, was shown yesterday night
      NYT; Reuter  -  756 words
    • Article, Illustration
      Lock icon Fans mark Morrison's birthday
      417 13 CHATTERBOX AP Reuter UPI UPI JIM MORRISON would have turned 50 on Wednesday, hut security guards unsentimentally shooed diehard fans away from the flower-covered grave of the legendary Doors singer. Scores of teary-eyed visitors tried nonetheless to stay as close as possible to the simple tomb,
      AP; Reuter; UPI; AFP  -  417 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      362 13 GENUINE TASTE 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 *01 -03 ROYAL VtLLE BUKIT TIMAH ROAD SINGAPORE 1027 TEL 469
      362 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1279 13 TV RADIO The Witches. 10.30pm, SBC 5 Jj Luke stumbles upon a witches' convention. vStwhere the hags unveil a plan to turn all the children of England into mice. Luke gets blasted by the old ladies but proves to be a resourceful mouse. This 1989 film version of Roald Dahl's
      1,279 words
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  • Article
    Time to end the row
    531 14 RDfTONALfI NOW that Australia has sent Malaysia extracts of Prime Minister Paul Keating's speech in which he said he regretted his remarks about Malaysian Prime Minister Mahathir Mohamad, it must be the hope of all who wish these countries well that the row will come
    531 words
  • WHAT THE OTHERS SAY
    • Article
      Say 'sorry' and end it, mate
      259 14 THE LEAST helpful thing one can say about the quarrel between Malaysia and Australia sparked by one ill-chosen word uttered by Paul Keating is to call it bizarre, or to think of it as a personality clash between two strong-willed men. What looked like
      259 words
    • Article
      Crucial week for Gatt
      149 14 THE URUGUAY ROUND of trade negotiations under the General Agreement on Tariffs and Trade (Gatt) is entering a crucial week as the Dec 15 deadline for its completion nears. Long overshadowed by the fight over farm issues in the world trade talks, the simmering conflict over
      149 words
    • Article
      Machiavellian politics
      192 14 THE HIGH HOPES that the Indonesian Democratic Party (PDI) special congress would end satisfactorily have plunged to lows of disappointment. The meeting ended in a deadlock, with no official decision forthcoming. The party's caretaker board, which organised the congress, deliberately abandoned the venue and failed to reconvene the
      192 words
    • Article
      Progress with care
      164 14 THE LAZY carefree days of a bygone era are just that gone, never to return. That is the small price we have to pay for gallopping success, for being one of the hottest economies in the world today. Even so. Prime Minister Mahathir Mohamad has reminded us
      164 words
    • Article
      Another chance for democracy
      136 14 AFTER A LONG PERIOD of authoritarian rule, dating from the day on which Prime Minister Zulfiqar Ali Bhutto was overthrown (and later hanged) by the army leader. Zia uI-Haq. democracy seems to have returned to Pakistan. May it last for a longer time than the other
      136 words
    • Article
      Don't close door of diplomacy
      159 14 RESOLUTION of the nuclear crisis on the Korean peninsula can only be achieved through diplomatic means, and negotiation for the unification of the peninsula can only be resumed when the crisis is resolved. Most of all, peace and stability in East Asia and the Asia-Pacific
      159 words
  • Article, Illustration
    Lock icon The Viet way to success is the Chinese route
    863 14  -  Although many consider Vietnam the next lurking Asian Tiger, a new report highlights serious problems it must overcome, like China has. Peter Passell reports Peter Passell NYT BY most accounts including the World Bank's Vietnam is an odds-on bet to be
    NYT  -  863 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      285 14 Booms 1 and Busts Is history about to repeat itself or are we entering the golden age of the J-ZJI Asian stock market? I ZaUSyecr' ALSO IN THIS ISSUE: The hard road to franchising 7*° A blitz of business news Sri Lanka: Telecommunications paradise? Goodwood sale: Loser takes all House
      285 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      87 14 }:i»ki&.M>'n.i:«».rays7:« (oWL>f FGfc I IT'S IH£ BRM'S OIRiSTmPS BRistou) p&£. s fou seJftoosiSP\ OM€: in/ Teu-»JG me THRcr you wae. w\v*jg\ vthk££. ioe£jcs Time Pk »H NpUR Nose PMD \T~ INTO4D TD wePsR F\n €FNRRM4G w >o —I i c A»»o™r»o «w»>"EM LIS. tHjmj &!<!*«, DOONESBURY GARRY TRUDEAU Cfp uo*£y
      87 words
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  • ANALYSIS
    • Article, Illustration
      Percy Barnevik's unending global crusade
      2160 15 Gail E Schares finds out how ABB's dynamic chief broke the global giant into 5,000 profit centres, slashing all the way CALL it Planet Bamevik. The hard-charging chief of Zurich-based ABB Asea Brown Boveri (Holding) Ltd has seen the future and it contains no national
      2,160 words
    • Article
      He does paperwork in the sauna
      429 15 IT TAKES a lot to impress Percy Barnevik. But the 600metre sheer drops to his right and left were awe-inspiring. At 52, the robust CEO of Swedish-Swiss ABB Asea Brown Boveri (Holding) Inc was on his first ascent of 2,700-metre Mt Galenstock in the
      429 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      26 15 /UtagdU H,GH STAKES Don't get shortchanged, or a covera f> e you can bank on. 1 jglJ Financial News. Everyday. 1 y. A SINGAPORE rr BusmessTknes
      26 words
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      Page 15 Advertisements Column 2
      104 15 loda^ fasl paced Published weekly in English, the first of 1 E£ f*V its kind, it signposts 1 bV3 1 the directions you can £T» lake to enhance your business Oj YES! I would like lo subscibe to Economic Business Review Indonesia (or 3 months at 552/ (please pay before
      104 words
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  • Article
    Lock icon Seoul to open rice market, Tokyo postpones decision
    414 16 Reuter SEOUL President Kim Young Sam, apologising for breaking his election pledges, yesterday said that South Korea must end its long-standing ban on rice imports while Japan's Prime Minister Morihiro Hosokawa postponed an announcement on opening the nation's rice market to imports.
    Reuter  -  414 words
  • Article
    Lock icon Anwar upbeat about S'pore-M'sia relations
    339 16 The Straits Times KUALA LUMPUR Malaysian Deputy Prime Minister Anwar Ibrahim yesterday sounded an upbeat note for the future of Singapore-Malaysian ties. "As long as the ministers are meeting their counterparts, and now that Umno Youth and Young PAP can communicate as friends, I don't
    The Straits Times  -  339 words
  • Article
    Investor interest likely to shift from China to S-EA next year
    516 16  -  By Anna Teo SINGAPORE China fever among investors could fade somewhat next year as the focus shifts slowly to South-east Asia, the new growth pocket of Asia, and possibly India, says Merrill Lynch. The five South-east Asian economies Singapore,
    516 words
  • Article, Illustration
    Lock icon President to the rescue
    46 16 Reuter WASHINGTON President Bill Clinton using his hands to extinguish the smouldering hair of liana kattan. 6, after the girl brushed against a candle during a menorah lighting ceremony to celebrate the Jewish Ilannukah holida> at the White House on Wednesday. Reuter
    Reuter  -  46 words
  • Article
    Lock icon November wholesale inflation in US largely contained
    337 16 Reuter Bloomberg Business News WASHINGTON Prices which wholesalers pay for goods were unchanged in November as inflationary pressures appeared to be largely contained despite evidence that the economy might be expanding more quickly. The Labour Department yesterday said the unchanged Producer Price Index
    Reuter; Bloomberg Business News  -  337 words
  • Article
    Lock icon Beijing instructs HK shadow govt to speed up work on legislature
    340 16 AFP Reuter BEIJING China yesterday instructed a select group preparing for post-1997 Hongkong to "speed up its work" in response to Governor Chris Patten's decision to press ahead with electoral reforms in the colony. In particular. Foreign Ministry Qian
    AFP; Reuter  -  340 words
  • Article
    Lock icon Japan to cut income taxes by seven trillion yen
    300 16 AFP TOKYO Japan is preparing to cut income taxes by seven trillion yen (SSIO3 billion) as part of an economic stimulus package now expected to be unveiled next week. Tokyo Broadcasting System Inc (TBS) reported last night that the government planned
    AFP  -  300 words
  • Article, Illustration
    India's on the verge of a real economic takeoff
    877 16  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor I HAVE just returned from India, where I had the opportunity to meet senior government officials including the finance minister, opposition party politicians. industrialists, stockbrokers, professionals and
    877 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      20 16 H»Bwlnessmanfs Choice I vv| )bwChoice 60 SFORY UOB PLAZA 1, OP THE PLAZA Na 80 Raffles Place lIMIHH'IHII Singapore 0104
      20 words
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      Page 16 Advertisements Column 2
      19 16 Business optimism picking up in US, says Fed, Pg 8 Sino-CK talks on HK container port fail, Pg 4
      19 words
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      Page 16 Advertisements Column 3
      82 16 For the ultimate in view Experience a rare I UIK culinary odyssey Agp-l OF THE PLAZA Reservation 538-3232 masassaßraa A UUL-B -g 2*12 SS f|p^p IS^BHHHHRB w-*f«» IHfI«H lUAX..U-' „.,y, l nl^nU r|r, THJ'.* I'l.hfUW TV|?W Hl*li«m Irl TH "MlVin T << -W I. «M<*«| llM*l».»t4l. H ||i. NS 1,!
      82 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Berjaya-led group clinches M$6.27b sewerage contract
      408 17 AFP, Reuter LANGKAWI, Malaysia A consortium led by listed Berjaya Group and British-based North West Water Group yesterday signed a 28-year deal to maintain Malaysia's sewerage system. Indah Water (Consortium signed the M 56.27 billion (553.89 billion) concession deal, in what is the largest
      AFP,; Reuter  -  408 words
    • Article, Illustration
      Lock icon VDH share price jumps
      243 17 Top three market gainers SINGAPORE The share price of marine engineeringbased Van Der Horst Ltd (VDH), which announced a second US$5O million (SsBo million) project in the Philippines within a month on Tuesday, surged another $1.15 to end at $5.85 yesterday. Some three million shares changed
      Source: Bloomberg  -  243 words
    • Article, Illustration
      Lock icon SES queries OCBC over price surge
      311 17 SINGAPORE The Stock Exchange of Singapore has asked OCBC Bank to explain the sharp rise in its share price and turnover in yesterday's trading. The price of OCBC shares shot up by $1.10 from its opening price of $10.90 to close at $12.00 on
      Source: Bloomberg  -  311 words
    • Article, Illustration
      Lock icon Old rumours pushing Idris through the roof
      175 17 SINGAPORE Frenzied trading in Malaysian speculative counter Idris Hydraulic pushed up the stock by 38 cents to close at $4.12 on Clob International yesterday. The day's gain brought the total price increase since last Wednesday to more than $1.10, or more than a
      Source: Bloomberg  -  175 words
    • Article
      Companies which count on digital compact cassettes may be barking up the wrong tree
      962 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Analysts who have been pushing the shares of listed tape makers Goldtron, General Magnetics (Gen Mag) and Electro Magnetics Ltd (EML) on the strength of their involvement in
      962 words
    • Article
      Ipco lands US$100m bridge, tunnel project in China
      235 17  -  By Genevieve Cua SINGAPORE Engineering group Ipco International has clinched a project worth more than USSIOO million (SSI6O million) to build a bridge and tunnel in Chongqing city in China's Sichuan province. The project is expected to be one phase of a
      235 words
    • Article
      Hai Sun Hup's interim earnings down 5pc
      258 17  -  By Rahita Elias SINGAPORE Marinebased Hai Sun Hup's net earnings for six months to Sep 30, 1993, fell 5 per cent to $11.6 million. In announcing the results yesterday, company secretary Crispin Cheng attributed the Tall in earnings to "reduced profit margins in
      258 words
    • Article
      Chemical Industries' interim down
      156 17 SINGAPORE A regional glut in chemicals continues to depress the performance of Chemical Industries (Far East). Yesterday the group announced a 9 per cent drop in earnings to $2.95 million for six months to September. Turnover also fell about 9 per cent to $12.25 million. The
      156 words
    • Article, Illustration
      Lock icon Untitled
      282 17 Source: Bridge Info Performance ef STll's Index stocks Dec 9 Laat S we Ma Stork (ale Cfcft fartwuui <S> <T) Avimo 1.970 -0070 1.33 -14.43 CftC 10)0 -0.0*0 5 45 -10.31 CWT 2150 0.130 1.93 26 *0 Coebo 7.200 0.400 4 88 (2.47 FAN 17.000 11.31 OiMM 080 0 73
      Source: Bridge Info  -  282 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Acceptances of 0.37 pc for Wearnes
          67 18 J>|NGAPORE OCBC Bank, the adviser to Wearnc Brothers, that, as ofT yesterday, it had received acceptances for 172.420 shares or about 0.37 per cent of the issued share of Polytek Wearnes. Wearnes. which took majority control of Jjolytek in October by buying 23.94 million
          67 words
        • Article
          Ssangyong to subscribe for shares
          85 18 t&GAPORE Ssangyong Cement Singapore has agreed to pscribc for 2.37 million redeemable convertible preference dfes at MS2 each which will be issued by Malaysia Steel Works TWfc) Sdn Bhd. The preference shares, which have a par value of MSI. can be converted into ordinary shares
          85 words
        • Article
          SilkAir to join Passages
          65 18 SINGAPORE SIA subsidiary Silk Air will join Asian frequentflyer programme Passages next year. From Jan 1, Passages members flying with Singapore's second carrier can accumulate and 'rcdrem their kilometre credits. They will accrue credits when TKing on Silk Air's business class to any of its 14
          65 words
      • Article
        Lock icon KLSE clarifies limit-up and limit-down prices
        180 18 Bernama $$ALA LUMPUR The Klibla Lumpur Stock Exchange (KLSE) said that the limit-up price is the highest price a stqdk can be traded for a single trying session. The price is 30 per cent hMger than the closing price of tnej preceding session, the
        Bernama  -  180 words
      • Article
        Four groups to vie for right to operate new Thai TV station
        217 18 BANGKOK At least four of companies are likely Wfod for the right to invest in 4nd' operate a new television "sialion using ultra-high frequency (UHF), according to i Nation newspaper. The Cabinet is expected to approve the final
        217 words
      • Article
        Lock icon Setron gets approval for proposals
        216 18 Bernama KUALA LUMPUR Setron (Malaysia) Bhd has received approvals from the Securities Commission for its proposed acquisition, rights issue and employee share option scheme announced on May 28, but with some revisions. The company said in a statement yesterday that the SC approved its proposed
        Bernama  -  216 words
      • Article
        Lock icon Renong confident of getting KL light rail transit contract
        509 18 Bernama KUALA LUMPUR Renong Berhad, one of Malaysia's largest conglomerates, is confident of securing the contract to build Phase II of the Kuala Lumpur Light Rail Transit (LRT) system. "Given our experience and expertise in the infrastructure field, we are very
        Bernama  -  509 words
      • Article, Illustration
        Lock icon YTL signs joint venture accord to build cement plant in M'sian east coast
        306 18 Bernama KUALA LUMPUR YTL Corporation, through wholly owned Buildcon Bhd, plans to venture further to the east coast, which is fast becoming an investment attraction. Group managing director Francis Yeoh Sock Ping yesterday said that with the
        Bernama  -  306 words
      • Article, Illustration
        Lock icon Pahang Cement to undergo equity restructuring
        313 18 Bernama KUALA LUMPUR Pahang Cement Sdn Bhd, a joint venture company set up by the YTL Industries Bhd Group and Pasdec Corporation Sdn Bhd, will go through an equity restructuring, Pahang Mentri Besar Mohd Khalil Yaakob said yesterday. The company has been set up
        Bernama  -  313 words
      • Article, Illustration
        Lock icon Sarawak's timber lords seek wealth, shelter on bourse
        599 18 MARKET WATCH Reuter KUALA LUMPUR Under increasing scrutiny from environmentalists. timber tycoons from Malaysia's forest-rich Sarawak state are slowly lifting the veil that has long masked their massive wealth from the public. Several of Sarawak's ethnic Chinese timber lords are injecting their
        Reuter  -  599 words
      • Article
        Hour Glass to place out 7.7m new shares
        155 18 SINGAPORE The Hour Glass Ltd yesterday announced it was placing out 7.7 million new ordinary shares at a price of 52.18, a 3.1 per cent discount to its closing price of $2.25. The placement, which is subject to the approval of the
        155 words
      • Article
        Nine teams raise $1.4m from local, regional stocks
        256 18  -  THE CHARITY INkVESiTiMENTiRMEi By Paul Leo SINGAPORE Thanks to the strong bullish sentiments in regional stock markets, the nine participating teams of the third Charity Investment Race have raised $1.4 million. This amount is more than 80 per cent of the $1.7
        256 words
      • Article
        Untitled
        1223 18 Managm'prtew (S) Dec 10 Umbond 1.035 I OC r in i n u t United Gr Fund! 1.56 1.62 Singapore unn I rust United Ash Fund I 86 I 94« The Commerce 1.68 1.76 NTUC InCOflM iS i" income Bond Policy S pore Sec Fund 1.02 1.07 Prudential 0M 0M>d
        1,223 words
      • Article
        Lock icon Vancouver's stock market to launch Asian board
        386 19 Reuter VANCOUVER. British Columbia The Vancouver Stock Exchange (VSE) plans to launch a separate board for Asian companies and expects to have a dozen listings by April. Prime candidates for the new Asia board will be blue-chip companies from China, Hongkong and Taiwan.
        Reuter  -  386 words
      • Article
        Lock icon Toshiba in chips tie-up with IBM, Siemens
        274 19 AFP TOKYO Japan's Toshiba Corp yesterday announced the joint development of a new cell for 256-megabit dynamic random access memory (Dram) chips with International Business Machines Corp of the United States and Siemens AG of Germany. The 0.6-micrometre square cell is 25 per
        AFP  -  274 words
      • Article
        Lock icon Accor raises A$62m for China move
        193 19 AFP SYDNEY Hotel group Accor Asia Pacific (AAPC) has raised A 561.6 million (Ss6s million) through a share placement to help fund a major expansion into China, chairman David BafTsky said yesterday. The company placed 70 million shares at 88 cents each with Australian,
        AFP  -  193 words
      • Article, Illustration
        Lock icon Murdoch likely to form telecom link-up: analysts
        310 19 Reuter SYDNEY Media tycoon Rupert Murdoch is expected to form an alliance with a major telecommunications firm in early 1994 despite an embarrassing defeat this week for his ambitious super share plan, analysts said yesterday. "Right now these types of deals are very
        Reuter  -  310 words
      • Article
        Lock icon Lippo to sell US$90m convertible bonds
        198 19 Bloomberg Business News HONGKONG Hongkong investment group Lippo Ltd will sell at least US$9O million (SSI43 million) worth of sev-en-year convertible bonds next week through underwriters led by Swiss Bank Corp. In a statement, Lippo said the notes will be issued out of a
        Bloomberg Business News  -  198 words
      • COMPANY BRIEFS
        • Article
          Lock icon Wisconsin board's Taiwan stocks bid
          54 19 Bloomberg Business News TAIPEI The State of Wisconsin Investment Board has applied to invest US$lO million (SSIS.9 million) in Taiwanese stocks, the Securities and Exchange Commission said yesterday. To date, 60 foreign institutions have received government authorisation to invest more than US$4 billion in Taiwan
          Bloomberg Business News  -  54 words
        • Article
          Lock icon Esprit Asia soars in HK debut
          58 19 Reuter HONGKONG Shares of Esprit Asia Holdings Ltd soared on their first day of trade on the stock exchange of Hongkong. The share opened at HK53.77 and touched a high of HKS4.OS before settling at HKS3.9O yesterday. That is a 100 per cent rise
          Reuter  -  58 words
        • Article
          Lock icon Yamaha in China joint venture
          33 19 AFP TOKYO Japan's Yamaha Motor Co said yesterday it would form a joint venture in February in Sichuan province, centralwestern China, to produce and sell motorcycle parts. AFP
          AFP  -  33 words
        • Article
          Lock icon Oriental Press net profit up 51pc
          78 19 Bloomberg Business News HONGKONG Oriental Press Group's net profit surged 51.4 per cent to HK5255.9 million (SSS2.IS million) for the six months ended Sep 30. Total sales rose to HK5717.5 million from HKSSBS.3 million. Earnings per share were 17.6 HK cents, up from 11.6
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Ajinomoto in China MSG venture
          35 19 AFP TOKYO Japan's Ajinomoto Co Inc yesterday announced a monosodium glutamate (MSG) venture with China's Zhoukou Weijing Factory involving joint investment of at least three billion yen (5544.5 million). AFP
          AFP  -  35 words
      • Article
        Lock icon Japan beer behemoths study market shake-up
        229 19 Bloomberg, Reuter TOKYO Kirin Brewery Co 1 and Asahi Breweries Ltd, Ja- 1 pan's two largest beer producers, are charting a response to < government proposals to dereg- ulate the beer market, according to the Nikon Keizai news- < paper. The big breweries are
        Bloomberg,; Reuter  -  229 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        UOB set to be first S'pore bank with branch in Vietnam
        372 20  -  By Harish Mehta SINGAPORE United Overseas Bank is likely to get a licence to open a branch in Vietnam within two months, making it the first Singapore bank to do so. UOB, which opened a representative office in Ho
        372 words
      • Article
        Lock icon Vietnam to restrict use of US dollars next year as part of reforms
        494 20 Reuter HANOI Vietnam plans to restrict the use of US dollars next year as part of reforms to expand and streamline its foreign exchange market, the director of the State (central) Bank's foreign exchange operations said on
        Reuter  -  494 words
      • Article
        Lock icon Citicorp cites impact of new card pricing
        295 20 Reuter NEW YORK Citicorp's credit card pricing strategy of cutting fees and costs to some customers will defend its market share, but will also hurt yields on credit card portfolios underlying certain debt issues, it said. In a Securities and Exchange Commission filing,
        Reuter  -  295 words
      • SMALL CHANGE
        • Article
          Lock icon Japan banks prop up mortgage company
          97 20 Bloomberg Business News TOKYO Hokkaido Takushoku Bank and 32 other Japanese banks have suspended interest payments on their loans to Esco Leasing, a housing loan company in Hokkaido, say spokesmen at Hokkaido and Esco. They denied a report yesterday in the Nihon Keizai newspaper
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Chase opens branch in Tianjin
          57 20 Reuter HONGKONG Chase Manhattan Bank has opened a branch in Tianjin, south of Beijing. The branch is licensed to engage in foreign exchange and commercial banking activities, including trade finance and provision of import-export letters of credit and remittance and correspondent banking facilities. Chase already
          Reuter  -  57 words
        • Article
          Lock icon China Arm on banking reform
          77 20 AFP BEIJING China has reaffirmed its resolve to bite the bullet next year over restructuring the policy-oriented financial sector in order to facilitate broader economic reforms, the China Daily said Wednesday. People's Bank of China vice-governor Zhou Zhengqing told a national financial conference here on
          AFP  -  77 words
        • Article
          Lock icon India RBI to allow secondary options mart
          50 20 Knight-Ridder BOMBAY The Reserve Bank of India will allow the start next year of a secondary market in options in major currencies, said central bank sources. It would take effect within three months after the Jan 3 start of a primary market. Knight-Riddcr
          Knight-Ridder  -  50 words
      • Article
        Lock icon Malaysia moves to expand interest-free banking
        121 20 Reuter KUALA LUMPUR Malaysia's central bank, Bank Negara, will start an Islamic interest-free interbank money market and interest-free cheques clearing system from Jan 3. Bank Negara governor Jaffar Hussein, announcing the measures on Wednesday, said the measures would help create a comprehensive, viable and
        Reuter  -  121 words
      • Article
        Lock icon Asia turns to corn as use of feed grain soars
        306 20 Reuter KUALA LUMPUR Southeast Asia's consumption of corn, a major feedgrain, was rising rapidly on the back of increased poultry production as a result of rapid population growth and increasing affluence. industry officials said. The region, fuelled by strong economic
        Reuter  -  306 words
      • Article
        Lock icon Citic raises US$440m in bonds issues overseas
        136 20 AFP BEIJING China's investment vehicle China International Trust and Investment Corp (Citic) raised a total of US$44O million (***** million) by issuing bonds in the world market this year, it was reported yesterday. Citic planned to raise more money from its US dollar
        AFP  -  136 words
      • Article
        Lock icon Japanese group wins E China Sea oil job
        202 20 AFP HONGKONG A Japanese consortium has been awarded two contracts to explore oil and natural gas in the East China Sea. The official Xinhua news agency yesterday reported that the consortium, including Japan Petroleum Exploration (Japex) and Teikoku Oil, signed the contracts
        AFP  -  202 words
      • Article
        Brent oil futures continue to edge higher
        178 20 ENERGY REPORT LONDON Brent crude oil futures built on earlier gains then stabilised near session highs, brokers said. "It's been ticking up all morning and that has brought out some shortcovering." said one trader. At 1420 GMT the January Brent contract stood at
        178 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        148 20 THE US$ moved higher on news of a possible North Korean crisis and comments from the Federal Reserve that USS/yen should be targeted at 120 yen. Sell orders placed by Japanese exporters above 109 yen, however, capped an upmove yesterday. In the regional currencies, trading
        148 words
      • Article
        London
        131 20 LONDON The US dollar rose against most other major currencies in European trading yesterday. In London, the dollar was quoted higher at 108.68 yen. It was at 1.7055 German marks compared with 1.7050 on Wednesday and at 1.4675 Swiss francs against 1.4660 on Wenesdav. The greenback was at 5.8418
        131 words
      • Article
        New York
        72 20 NEW YORK The dollar was down slightly against major currencies in quiet trading early yesterday after the release of figures showing wholesale prices largely unchanged for November, analysts said. Around 9:30 am (1430 GMT), the dollar was trading at 1.7040 German marks down from 1.7095 here on Wednesday.
        72 words
      • Article, Illustration
        Untitled
        1538 20 Trade-wrighlfd index caiculaied against S pore s up 14 trading partners Base year 198} US$/S$ forward rates Noon Dec 9 SS Bid Offer 1-month 1.5971 ***** 2-month 1.5964 1.5979 3-month 1.5959 1.5974 6-month 1.5949 1 5969 Source OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m m D«c Singapore
        1,538 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen futures end firmer
        1369 22 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended firmer as cash bond prices in Tokyo surged in a flurry of speculative buying. Dealers said expectations of an interest rate easing continues to support sentiment. September closed at 98.23 against 98.19. Eyes are focused on
        Reuter  -  1,369 words
      • Article
        KL tin drifts lower on active selling
        619 22 COMMODITY REPORTS Tin TIN retreated by the close on active selling interest prompted by easier London performance overnight, traders said. The metal settled at MSI 1.88 a kg. down two cents from overnight close. Late European and Far East buying helped supported values.
        619 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Non-ferrous metals group meets
          58 22 LONDON This week's meeting of the Lead-Zinc-Cadmium Group of Eurometaux. the Brus-sels-based representative of the European nonferrous metals industry, will aim to form a consensus about the principle, not the details, of a European zinc shutdown agreement, sources say. The meeting is scheduled to start today
          58 words
        • Article
          No palm oil for us today, thank you
          65 22 KUALA LUMPUR The Ghee Corp of Pakistan passed on offers for KBD palm oil at its buying tender yesterday. Malaysia's state-backed Federal Land Development Authority made the lowest offer to the firm at U*****.00 per tonne. C&F. The firm also tendered to
          65 words
        • Article
          Russia raises export quotas
          48 22 MOSCOW Russia has raised export quotas outside the former Soviet Union for 1994. with the most striking increase in revenues planned for the export of non-ferrous metals, which will go from this year's estimated USSI.26 billion up to USS2.I billion (553.3 billion) next year.
          48 words
        • Article
          India in for record rapeseed crop
          86 22 NEW DELHI Good monsoon rains across northern India in September have fuelled confidence that India is in for a record rapeseed crop in the current 1993-94 (Nov/Oct) season. Industry officials, while conceding it is still early in the season, forecast rapeseed output in 1993-94
          86 words
        • Article
          CSR may appeal against sugar stand
          73 22 SYDNEY Australia's CSR Ltd will consider appealing against the refusal of the government's competition watchdog to authorise a joint venture proposal to boost refined sugar exports. CSR executive general manager Peter Frawley says the joint venture would have raised Australian raw sugar exports from
          73 words
    • Article
      COMMODITY PRICES
      1704 22 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 94 000 000 131 00 0 1.025 Feb 132.75 132.75 132.50 25 4.275 Mar 134 00 134.00 134 00 100 6.625 Apr/Jun 0.00 0
      1,704 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1286 23 -0.3 THE Australian share market closed just below even, as profittaking in the industrials sector was balanced by a surge in resource stocks. "The market was feeling prett\ confident today, but people decided it might be best to lock in profits on the industrials," a broker said. The All
        1,286 words
      • Article
        Manila
        620 23 -8.30 Share prices slipped in active trading as the overnight slide of market leader Philippine Long Distance Telephone Co (PLDT) on Wall Street depressed the index at the close, brokers said. Fhe Manila Stock exchange index slid by 8.30 points to finish at 2.510.62 from Wednesday's 2.518.92 while the
        620 words
      • Article
        Taipei
        571 23 -11.85 News that the nation's oil monopoly will cut prices on petroleum products failed to excite investors, who took advantage of the news to lock in gains froma two-week surge in plastics and transport issues, analysts said. The weighted price index of the Taiwan Stock Exchange fell 11.85, or
        571 words
      • Article
        Seoul
        437 23 7.24 Stocks closed higher in an all-time high turnover, prompted by healthy interest in blue chips and some financial shares and despite intra-day consolidation which pared an early IX-point advance, brokers said. The composite stock index closed 7.24 points higher on 843.95, otYa day high ol 855.30. Turnover totalled
        437 words
      • Article
        New Zealand
        287 23 11.27 Shares closed higher but well off their highs for the day after a very strong opening. Despite the volatility, sentiment remains buoyant in the wake of an interest rate rally fuelled by bullish short-term inflation forecasts from the Reserve Bank. The NZSE-40 cap index was up 11.27
        287 words
      • Article
        Bombay
        56 23 19.29 Stock prices closed selectively higher despite some mid-session selling by Indian financial institutions as foreign funds and local investors continued buying, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 3.329.53. up 19.29 points from the previous close. The 100-share National Index closed at
        56 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        812 23 Britannia Funds Sierimg Cadi Bid Offer Mint Cip Depout it 6400 3* 6500 Mim Jct*> Gilt .0.119) 0 1992 Mim Mn Income *1 0600 *1 1000 L SS Cash Income Pltn Fund .*****0 II I'WO PS t Rewrve Fund 5 2200 5 2500 Sterling Kqaitt Euro Performance 0 4542 OMU
        812 words
      • Article
        London
        598 23 -5.8 UK stocks ended lower on the day after the hTSE 100 index moved briefly above 3.300 for the first time but failed to hold the level. The f-TSE closed down 5.8 at 3.271.6 after touching an all-time high of 3.300.1 during the morning. "(ETSE) 3,300 looks like quite
        598 words
      • Article
        Paris
        143 23 +6.09 French shares managed to finish the session higher despite a heavy bout of profittaking on CAC-40 index heavy-weights yesterday afternoon. dealers said. One dealer said the market should be fairly steady today after the CAC-40's recent rise above 2,200 points. Ihe CAC-40 index was up 6.09. or 0.28
        143 words
      • Article
        Stockholm
        129 23 +0.13pc Swedish shares ended mixed after a volatile day with index-heavy Astra and Ericsson in focus Astra rose while Ericsson declined. Ihe OMX-index shed 0.09 per cent to 1060.10. the blue-chip Top-16 index fell 0.10 per cent to 1426.69. The All Share Index rose 0.13 per cent to 1343.02
        129 words
      • Article
        Frankfurt
        190 23 1.29pc The DAX index cased from its all-time intraday high of 2.176.06 to end 1.29 per cent higher at 2.175.80 points, a record closing high. Wednesday's close had been at 2.14 X. 13. Metallgesellschaft shares were lower on management worries. Investors were holding onto shares on speculation DAX will
        190 words
      • Article
        Brussels
        153 23 -0.02 pc Fhe Brussels bourse closed near its opening level after reaching a record high and dealers expected the market to open slightly higher today. Profit-taking brought the Bel-20 index back down to 1.433.50 at the close, down 0.02 per cent on Wednesday. Banks also had to buy baskets
        153 words
      • Article
        Amsterdam
        245 23 -1.21 Dutch shares closed mixed to lower as a wave of profittaking in the afternoon wiped out early gains which had pushed the EOE index within a whisker of the magic 400 mark. The EOE index ended down 1.21 points at 395.21 after setting a new all-time intraday high
        245 words
      • Article
        Zurich
        225 23 13.5 Broad demand in Nestle lead the Zurich bourse to a new record close. The broad SPI index added 8.05 points to a provisonal 1.801.65. Eor the first time the SPI closed above 1.800. The blue-chip SMI index added 13.5 to provisional 2.857.3. Both indices closed below earlier highs
        225 words
      • Article
        Milan
        148 23 2.06pc Italian stocks were lifted by the heavy demand for Crcdito Italiano SpA's shares, which convinced investors the Italian government can successfully sell oft' other state-con t rol led com pan ies. traders said. The Mibtel index was up 2.06 percent at 10.286. The market was closed on Wednesday
        148 words
      • Article
        Johannesburg
        306 23 74 Ciold. platinum and industrial shares skidded to a strong close despite some profit taking yesterday after the recent rapid rise, with continued foreign demand for Anglos and De Beers dominating the market. The Ciold Index was 74 points or 3.7 percent higher at 2.064 while the Industrial Index
        306 words
      • Article
        Toronto
        282 23 -6.25 Stocks weakened early as investors seized profits after the market surged to a record close on Wednesday, dealers said. Precious metals and mining shares retreated yesterday morning after pushing the market to a record closing high on Wednesday. The TSE 3(H) composite index fell 6.25 points to 4301.42
        282 words
      • Article
        New York
        850 23 +4.75 The Dow Jones industrial average advanced for the seventh straight da\ yesterday. the last two of which were record-setting. The Dow, which climbed 15.65 points to a new all-time high on Wednesday, was ahead 4.75 points to 3739.28 at 11 am EST. But the New York Stock
        850 words
    • Article, Illustration
      Lock icon HONGKONG
      3001 25 Reuter HONGKONG Share prices jumped sharply in afternoon trading with the Hang Seng Index ending at a record 9,990.26, up 240.03 points or 2.46 per cent. That surpassed the previous intra-day high of 9,937.36 on Dec 7 and Wednesday's closing record of 9,750.23. Brokers said the rally was powered
      Reuter; Source: Bridge Info  -  3,001 words
    • Article, Illustration
      CHINA
      458 25 BOTH Shanghai and Shenzhen markets were marginally lower. The Shanghai B Index closed 0.85 per cent down. The CLSA B Index was at 961.53, down 8.28 points. Profit-taking pushed Haixin down 5.6 per cent on active trading after Wednesday's surge. Another major loser was Forever Bicycles, shedding 5.5 per
      458 words
    • Article, Illustration
      Lock icon TOKYO
      2447 25 Reuter TOKYO Stocks ended sharply higher and the Nikkei closed above 17,000 for the first time since Dec 3. Technical buying linked to today's December futures settlements boosted prices, but trade was light as investors were careful amid a lack of fresh factors, brokers said. An estimated 220 million
      Reuter; Source: Bridge Info  -  2,447 words
    • Article, Illustration
      Lock icon BANGKOK
      1819 25 Reuter BANGKOK Thai financc. brokerage and property shares led a 3.04 per cent surge in the SET index, which closed at a new record high, brokers said. The SET index rose 43.71 points to close at 1.480.63 on heavy turnover of 25.92 billion baht. It broke the previous high
      Reuter; Source: Bridge Info  -  1,819 words
    • Article, Illustration
      Lock icon JAKARTA
      1128 25 Reuter JAKARTA Jakarta share prices closed higher in moderate late trading, brokers said. The official index rose 2.0 points to 525.32. "Trading activity certainly picked up during the afternoon session with several large-capped stocks actively traded." a foreign broker said. Indah Rial, which was heavily sought by local investors,
      Reuter; Source: Bridge Info  -  1,128 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2708 26 Source: Bridge Info Source: Bridge Info I I FACB 50c 48,393.000 Idns Hyd 50c 36.918.000 Renong Bhd 50c 26.886.000 General Corp 25,184.000 AMDB 50c 23,952.000 Metropte* 50c 19,803.000 Metrople* TSR 14.443.000 Promet 14,296.000 Kamunung 50c 14,091.000 Johan Hide 50c 13,123,000 Sel Dredg50c 11.306.000 Menang C orp 9,271.000 Faber
      Source: Bridge Info  -  2,708 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks close mixed in active trading
        5593 26 Bernama KUALA LUMPUR Share prices here closed mixed in active trading yesterday as profit-taking alternated with bargain-hunting for selected stocks. Players generally ignored the rebound in Tokyo to allow the local bourse to consolidate further after the recent surge, although the retreat on Wednesday
        Bernama; Source: Bridge Info  -  5,593 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7375 27 HJUN BOARD Transaction date: Doc 9 Gr Gr 1993 Last Vol Day Last QwXc [>i, Dl» VM Net M C ap High Loo Coapaay Salt (TOO) High Lo« Bvycr Seller Or P/E Vmil INDUSTRIAL AMD COMMERCIAL 1380 260 I Acma 1300 +10 310 1300 1280 1290 1300 12.5 2.1 1.0
        7,375 words
      • Article, Illustration
        Lock icon Bull ran resumes on heavy turnover
        1714 28  -  By R Sivanithy SINGAPORE After a hiccup on Wednesday, the bull run resumed yesterday, with attention focused on local banking and engineering shares and Malaysian speculatives traded over the counter on Clob International. Observers who earlier this week had predicted a slowdown in activity
        Source: Bridge Info  -  1,714 words
      • Article, Illustration
        Lock icon Sembawang Maritime
        148 28  -  Mi By Paul Leo SEMBAWANG Maritime has been ranging between $6.70 and $7.60 for the last two months and this is likely to continue for some time. Yesterday's volume is around the 10-day average of 280,000 units, indicating that the bulls and bears are exerting equal forces. This
        Source: Bridge Info  -  148 words
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      206 18 i TOLL-FREE TEL. No. 1-800-741-1883 FAX 7AI-1298 ■V) LUM CHANG HOLDINGS UNITED ADJUSTMENT TO THE SUBSCRIPTION PRICE OF THE TRANSFERABLE SUBSCRIPTION RIGHTS OF LUM CHANG HOLDINGS LIMITED ("the Company") EXPIRING ON DECEMBER 19, 1993 ("TSRs-) In accordance with the terms and oondttons of the Trust Deed dated November 9, 1988
      206 words
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      130 19 First m °k^ e cellular phone and fax with pen-based computing: the AT&T EO 440 Personal Communicator. 1993 First to send color I images fflj Hllll [llw« II ys TIL L-1 MA G E PHONI and voice, over ordinary phone lines: AIM Picasso Still-Image Phone. 1992 First PBX M to
      130 words
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      Page 21 Advertisements Column 1
      177 21 )Av m/Ss? o^ sY c£Ln vL Where fytlfar fICS uft. übi Maybe you d like to start your day with a Frothy cup of cappuccino or teh tarik. Perhaps you d like to engage in some late-afternoon shopping and a boardwalk game or two. Or is a sumptuous dinner while
      177 words
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      Page 22 Advertisements Column 1
      153 22 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 CI ISLE OF MAN CI BAHAMAS JERSEY O BELIZE d LIBERIA COOK ISLANDS CJ MADEIRA 3 DELAWARE D
      153 words
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      Page 22 Advertisements Column 2
      30 22 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead The I Straits Times to work for I you today.
      30 words
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      Page 24 Advertisements Column 1
      489 24 18 Prestigious Reciprocal Clubs ~i H\A\T>V MI CP Tanah Merah JJB J I V BkM VAITD I AGTCHAT -jk lUURLAUIujIUI Malaysia m^^ y "jjSBB^BBB^|| Malaysia *JM| EL fP*y.lTji|fc Penang 4^HB JambuJ *W^Hif Country CtujT^^V Bangkok Bangkok f Siam Country iL -CI^HBiiiHMHHfIMHfIIIHHHHKIiI^HE Hong I|® f Bay 'JH Country Club Discoveiy joondalup
      489 words
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      30 25 Stylish ornamentation mirrored in trie contrasting precious metals Gold and Platinum. A writinpinstrument harmonious elegance Parthenon 18-carat goklptated jewels that write elysee for ELEGANCE JlSOufam OooO#o9-0® 'anBoor jcc Sngcgxn 3J16
      30 words
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      108 26 A SURE-WIN INVESTMENT AT LOSING WEIGHT AIHH Al AIH Al Make an investment that's so profitable, you've got Hm aI m I H|H| MII fls HBl H N everything to gain and nothing to lose. Except your DT ululn w UIPPIPGG 111 111 ll A ll Then sleep. Coupled with
      108 words
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      46 27 I HOME RENOVATION? We'll break down the walls. PERSONAL Now there .ire no carrels Just can 1800 5353 522 toi-tree ask Standard Chartered FINANCING for Personal Financing and oape' the w i"s w th money brokers 1 stock picks in Personal Finance and Investment on Saturdays
      46 words
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  • Shipping Times
    • Article
      Taiwan carrier plans to set up US$100m unit in S'pore
      577 29 TAIPEI U-Ming Marine Transportation Corp, one of Taiwan's largest carriers, plans to invest up to US$lOO million (SSIS9 million) in a Singapore subsidiary in an effort to lower costs and open new business, the company said. U-Ming, a unit of
      577 words
    • Article
      Lock icon Aspiring ship pilots practise navigation — on dry land
      545 29 Aspiring ship pilots practise navigation on dry land AP TRAVERSE CITY, Michigan As the 850-ft (259 m) freighter approaches a bridge, another ship veers into its path. In the pilot house, watch mate Nicole Runyan barks orders to wheelsman Mike Novak: "Left 10... hard left!" Too late. The vessels slam
      AP  -  545 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1117 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 16 3 Ahrenkiel Liner 4 1/2 Alprimo Freight 16 1 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 3 •ASCL 5 5 ASXCLShpg 15 2 Avant Shpg
      1,117 words
    • Article
      Lock icon EC issues statement to TAA under anti-trust law
      291 29 Reuter BRUSSELS The European Commission on Wednesday issued a statement of objections under European Community anti-trust law to the carriers in the Trans-Atlantic Agreement (TAA). according to Commission officials. The decision means the shipping lines risk Commission fines. The TAA includes British
      Reuter  -  291 words
    • Article, Illustration
      Lock icon Japan bunker price fall likely to draw buyers
      578 29 Knight-Ridder SINGAPORE Japanese bunker prices have collapsed, prompting traders in Tokyo to predict an increase in the number of non-Japanese owned ships choosing to buy bunker in Japanese ports. Traders in Japan said bunker prices are now about US$6O (Ss96) per tonne,
      Knight-Ridder  -  578 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        612 30 Viuel Voy No Bortti Arrival Departure Hunt Voy Wo Both Arrival Departure Juronc Port MaNuti up 270/93 P01A alongside 0912/1430 Batam Bare B287 19 alongside 1012/2000 Manna,P 09/12* P01A alongsOe 0912/1500 8atam Murni 12/03 93 J3 Mr?** 10.12/2300 ThanaW 023 P01A alongs4e 09 12/2300 Batam Sayang 12/03/93
        612 words
      • Article
        CONTAINER SCHEDULES
        1664 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcin{/Balance Rsits Ship Voy No Etb/Btr Period From To From hu Rom 047B 10/2000 1 09/1500 09/1659 09/1900 2 09/1700 10/0659 10/0900 Aa VkXet 028A 11/1800 2 09/1700 10/0659 10/0900 3
        1,664 words
    • Article
      THE SHIPPING GUIDE
      11036 38 This is a list of ships loading at Singapore for pons 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
      11,036 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      593 45 Carton Carbon December 2 Density Water Residue Ash Uimin Sediment Density Water Resrfue Ash Akaninun Sedment M M M M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method ISO/Cmac Limits Spec E25 991 To 1?0 <U0 30* 010* Eastern USA
      593 words
    • Article
      DAILY FREIGHTS
      323 45 THE Baltic Freight Index tor spot dry cargo shipping rates fell to 1.247 on Wednesday from 1.248 on Dec 7. Shipowners appeared keen to fix tonnage before the Christmas doldrums set in and as a result rates generally remained weak, brokers said. Panamax activity in the Atlantic has
      323 words
    • Article, Illustration
      Lock icon Airbus talks reform amid recession
      980 46 The world's second largest maker of commercial aircraft will have to revamp its four-part structure in order to survive the current industry slump Bloomberg Business News AS CANCELLATIONS of aircraft orders continue to roll in, it is becoming increasingly clear: Airbus Industrie must reform its
      Bloomberg Business News  -  980 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Thai Airways, United in cooperation deal
        290 48 Airlines to coordinate schedules, marketing activities AFP BANGKOK Thai Airways International and United Airlines have announced an agreement to coordinate schedules and cooperate in marketing activities. United Airlines president and chief operating officer J C Pope welcomed the agreement which would, he said in
        AFP  -  290 words
      • Article
        Lock icon Chrysler chief expects market gain by Big Three
        415 48 Reuter LOS ANGELES Chrysler Corp president and chief operating officer Robert Lutz said he expects the big three US car makers to gain roughly 2 per cent domestic market share away from the Japanese in 1993. "I don't think it would be
        Reuter  -  415 words
      • Article
        Lock icon Plane hijackings a nightmare for China
        357 48 AP BEIJING Chinese pilot Lu Rong must have thought he was having a bad dream when he found out that the Xiamen Airlines plane he was flying was being hijacked to Taiwan again. In June, Mr Lu was flying a Xiamen Airlines Boeing 737
        AP  -  357 words
      • Article
        Lock icon Faulty Boeing struts not immediate threat to safety
        395 48 Reuter SEATTLE Boeing improperly installed bolts on engine struts of hundreds of its 747 and 767 jets, but the Federal Aviation Administration (FAA) said on Wednesday there was no immediate threat to passenger safety. The airline manufacturer said up to 700 of
        Reuter  -  395 words
      • Article, Illustration
        Lock icon Mustang is tops
        37 48 Reuter DETROIT Ford Motor Co vice-president Ross Roberts showing off the Motor Trend magazine Car of the Year a Hard for the 1994 Ford Mustang after the announcement of the award in Detroit. Reuter
        Reuter  -  37 words
      • LOG BOOK
        • Article
          Lock icon Rates seen stabilising at lower end
          77 48 Knight-Ridder NEW YORK Some brokers on Wednesday said freight rates on the major grain routes appear to have stabilised at the lower end. Others said the supply of tonnage over 15 years' old coming into the US Gulf was "endless", and could serve to
          Knight-Ridder  -  77 words
        • Article
          Lock icon Raytheon gets US$50m plane order
          104 48 Bloomberg Business News LEXINGTON, Massachusetts Raytheon Co on Tuesday said its Beech Aircraft unit of Wichita, Kansas, won a US$5O million order for twelve 1900 D airplanes from Midwest Express of Milwaukee, a subsidiary of Kimberly-Clark Corp. The planes will be delivered in 1994. Beech's
          Bloomberg Business News  -  104 words
        • Article
          Lock icon Continental's November traffic falls
          94 48 Bloomberg Business News HOUSTON Continental Airlines Holding Inc on Tuesday said its November traffic fell 1.9 per cent to 3.20 billion revenue passenger miles from 3.26 billion RPMs a year ago. A revenue passenger mile is one paying passenger flying one mile. Its available seat miles
          Bloomberg Business News  -  94 words
        • Article
          Lock icon BA resumes Calcutta flights
          73 48 Reuter NEW DELHI British Airways (BA) resumed flights to the eastern Indian city of Calcutta on Wednesday after a gap of eight years, domestic news agencies said. The twice-weekly service from London via Delhi was reintroduced to cater for growing demand, particularly among businessmen, the agencies
          Reuter  -  73 words
        • Article
          Lock icon VW of America's CEO to resign
          98 48 Bloomberg Business News AUBURN HILLS. Michigan Volkswagen of America on Wednesday said John Kerr, president and chief executive, plans to resign at the end of the year. Mr Kerr, 52, who has held the two posts since April, has mutually agreed with parent company
          Bloomberg Business News  -  98 words
      • Article
        Lock icon Air France to cut staff through voluntary retirement
        203 48 AP PARIS Air France said on Wednesday it will reduce its work force by 2,100 people, or about 5 per cent, instead of the 4,000 it planned before workers shut the airline down with a crippling strike. The state-owned airline, expected to
        AP  -  203 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1710 48 City flight ETA Flight ETD E i GA970 2240 GA928 2355 GA976 2359 Adelaide QF81 1930 QF82 2050 QF81 1935 SQ227 2230 Amsterdam SQ25 0635 KL838 2335 KL843 0745 SQ26 2355 KL837 1540 GA976 2359 Attmn SQ348 2250 Auckland NZ35 1645 SQ285 2045 BA12 2200 SQ285
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  • Page 29 Advertisements
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      15 29 i*S MAC-NELS HONG DAILY KONG SAILINGS SINGAPORE:(O2)-*****22 NEW WAREHOUSE PSA Keppel Distripark Blk 519 #01-111
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      27 29 Lin«« and services represented by Members ef the Registry ef Accredited Shipping Agents, Singapore National Ship- UJISSMij ping Association. For advertising enquiries, contact Shipping Trrm: Tel 740-2089/740-2090
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      321 29 TOE jg FA M°U S tmovt ■iMIIISI* 224 1833 For more information pleaxe refer to Pg. 15 Airbus talks reform, Page 18 Thai Airways, United in cooperation deal, Back Page "The Third international shipping Law Conference On Carriage of goods By Sea And Maritime Liability 3rd and 4th February 1994,
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      452 30 TS. TSKUNE AGENCIES (S) PTE. LTD. |MgA T |7 Tel: 226-3363 Jl »3# JX# UIMr Fax: 226-1972/3 XJBGOCrI Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR NO *****7 8 0000N 1 MUmf 0368 08 12 lOLlf Ml2~ UU2 ?fl2 2112 2M2 Hfl? C juma 69 1112 1112 I ACX WOLET
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      1507 30 EMMCT TO USA WIT COAST (SCX-STOW CALPO«H>A IWMH 1 T? BftfT WBfnWMllVarfMi' SIWttD JCSO BT IM I ulan 1 IB —M IML lMaaia* «t _Jf Ima H» IMM I I I "'"i |mm™*| pt iab|latta»ia| MM lunnal am C3WTwg>; tMW CAiiFORFMA JUPITER 64 115 li 171 II I Omi I
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      2280 31 SH H0 genc,es DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) ['ENANG TEL. *****4 FAX. *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 ■«>« TEL. *****3/41 F£<: M 2706 CFS (PSA F5) TEL: *****21/ *****79 TEL. *****2/31 FAX *****4 (OPNS) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL: 07-*****0 FAX 07-*****9 7"~7~ —7Z
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      1847 31 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 V«*mi Voy ETA ETD FawMr by S L ur tiT 0 DESTINATIONS THi» MAYVIEW MAERSK VWO2 MMW^MaTfTiaiWT^^IIH.II!JJ.tWT cv 14/12
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      1604 32 AQABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA HANNOVER EXPRESS 17/348 12/12 20/12 27/12 29/12 2/1 4/1 6/1 Por K e)ang. Penang THAMES 20/149 IS/12 2/1 VI 4/1 Pasir Gudang KAI 05/349 18/12 27/12 2/1
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      603 32 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEBT AFRICA FEEDER VESSEL ETA SIN CGM KORRIGAN V.2433 In Pt
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      1227 32 NORASIA I NORASIA SUSAN 9347-3 10/12 29/12 01/01 02/01 02/01 03/01 04/01 05/01 06/01 07/01 I 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 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
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      2000 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line (A SERVICE Of CHINA NAVIGATION CO) CARGO DUE SAILS RAIAHBROOKE V29C ****>'■ lib In ft 11 Dec FCL, LCL CONTAINER ANO BREAK BULK SERVICE TO PAPUA MEW GUINEA MERIW
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      2783 33 K_ 0 SINGAPORE AGENT: IJjXTfI P&O Containers (Singapore Agencies) Pte Ltd A 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 V Tel: 225 2233 Telex: RS ***** PNOCSP Fa*: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PNG 'P«Q SIN AIG SOU ANT AOT HAM BRE OOT
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      36 33 SPORE IBN AL ROOMI OC-182 24/25 DEC To Butntvenhri/BirTanquto/Santi Maria/Cartafena/ Santo Donwtfo Mo Quetial/Acajutto/San Lorenzo/Corinto/Pto Catdcra SPORE 'A' VESSEL JC-294 7/8 JAN To: Maracafco/Pucrto CabHo/Gcor(e Town, Guaranio/ La Guata/PTo Sucrt/Mataruas/ Port of Spain/Paramaribo/Panama/ Colon/ Cristobal/El Guamache
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      557 34 GENERAL AGENT C R NO *****81-***** im eka jaya agencies TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE PMYAHMAH TBAOt PAQEH I HAWDWWWK/DIHgCT WILLIAM WK 2i«X26 BMMMM MAWOJ HQ CMI MINH CITY HtHWT HQK 2HOQ4 JMLVIM ChAH MM MM722/!»r?n TO MYANMAR/YANGON SEMI CONTAINER SERVICE 1 OCEAN gjgggZ M
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      Page 34 Advertisements Column 2
      1629 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FDD VSI SM IME HAUL SEA TV* POX FOB «l S»H LM HAI* SAV HM NTC HANJIN VANCOUVER 015E 10/12 DMCT 30/12 31/12 1/1 HANKN VANCOUVER 015£ 10/12 M. PKOSPE KIT Y 03X 13/1 14/1 1(/1
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      1430 34 i d-TrTTETB^T^ I in i» *t us ne m ox ki w no iu os u nc lw m w w psd m m I ■I Of AMY M 044 13/1? 14/12 20/12 10/12 a/U 24/12 H/12 27/12 21/12 »/12 U/l 25/1 27/1 2«/ l 7/2 1/2 J'2 10/2 12/2
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      2558 35 SCX: 'CALIFORNIA JUPITER 69E' eta sgp 15/12/93 II II II ARRIVING LOS ANGELES 01/01/94 IN 16 DAYS HI II •-->* II AEX: 'NEPTUNE LAZULI 04E' ETA SGP 18/12/93 HI II II ARRIVING NEW YORK 10/01/94 IN 22 DAYS HI II II *R1 Connecting Neptune Cynrkie Voy 62E In HK6 08/01/94
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      Page 35 Advertisements Column 2
      1118 35 9 SINGAPORE SOVIET SHTPMG CO PRIVATE LTD CR NO: **********0/N ENQUKIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 4KVF BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 Mggjk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MAR,NE INSURANCE: INVENTORY: *****59 WIM Will/ AGENTS: KL: 03-*****75/697 PKLG: *****43/ *****40
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      1749 36 K46 mm mmam f f AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CM No: G*****0000M) u TEL *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W B MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD 1 WrJ TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUT
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      Page 36 Advertisements Column 2
      729 36 PHI LI-on l( NT IMS PTC LTD V' 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 11 DEC SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 11 DEC AUCKLAND. WELLINGTON. LYTTLETON. NEW
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      308 36 GOLDEN LINE A UftJV GUAM GUAN SHIPPING iCSs>n\ (PTE) LTD 23. TcW »y«r Strict SMGNfME 0104 m S34J9M (1« UKS) Fai *****04 (C« No **********0*) STRAITS/ PERSIAN GULF SERVICE S'por* P Kelang Penang fiOUOI MAMEST Karach. M» la TtNX GRACE Haractn Dubai IS/11 Dec gmu service GOIOEN WOK** China Ports
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      1016 37 (sasflfy PACIFIC INTERNATIONAL LINES (PTE) LTD j 1 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I CR NO **********06 IiMHiSISSiIIiIIHSfiMAUAiHHfiIHB tMwlihiUi uceeei uaw QIU BKK SIN VESSEL VOY SIN JKT SIN VESSEL VOV S,N BKK S,H MAJAPAHIT *01 12/12 15/12 It/12 KOTA SABAS KSB29N 12/12 15/12 19/12 BUNQA
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      1474 37 I vtsstis VOY SPOKI HAMBURG AOTTIAPAM Mlimff IHAMtS It HMVt WUt Pt BMB 9131W 15/12 0« 01 10/01 11 1? 01 t< 01 nms ma«poma 943 m 22.12 not ?Q/oi *1/01 **/oi 24/01 Wilt 0 AQUtA 7531W 27/12 22/01 24 01 2VQI 27/01 29/OJ Vt.lt Ot TUCANA 9531W 04/01 29/01
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      407 37 bsa il mm MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P Gdf PAGAN V2O3W In Pi ME R GUI VI2IN 15/17 Dec HPA AN VI9BW 23/26 Det MALAYSIA AGENTS BOUSTEAD SHPPIIC AGENCES KUI TEL 03 *****00 PKL TEL 03 36*4767 PEN TEL
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  • Page 40 Advertisements
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      3016 40 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Cuan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd PT. Global Putra Indonesia Harrtime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 58 Penuru Ran Moda Musa Lot 3.34, 3rd Floor, II ]u ***** D
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      637 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 13/12 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 11/12 ANTWERP/BELGIUM 13/12 LOS ANGELES/WC/IPI 12/12 SYDNEY/MELBOURNE 12/12 NEW YORK/EC 17/12 FREMANTLE/ADELAIDE 13/12 VANCOUVER 15/12 BRISBANE 14/12
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      1076 41 1 [^m L *<" S j" |_*I 1 vessel VOY S.N r f s 1 1 CHAIYA BHUM 2»S Fn ln_Pt_ T 14/ S B 3EBOJA 74QN ~~Fri lln Pt Sat j 11/12~ B|l VESSEL VOY SN BKK BHATRA BHUM 078 Sat_ 11/12 W,d IS/12 "j PERK AS* 11W Fri
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      615 41 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 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL
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      1614 42 mjkMMN CONTAINER LINES ftlV/VVMAgenls; MAC-NELS SPORE: *****22 (24 UNEB) CJv v 'cm Mac IZOOS7WOQM SIBU (064) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 12/12 13/12
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      135 42 IN DO J AY A jj SHIPPING TRADING PTE LTD jj I WEEKLY TO IAKARTA/SUWABAYA I jj Vassal ETA/ETO DESTINATION I Mas Jay a 10-11 Dac Jakarta/Paiambang A Pinang Jaya 14-15 Dac Jakarta/Paiambang i A Parita Intan 17-IS Dac Jakarta/Palambang n Maajaya 20-21 Dac Jakarta/Paiambang J Nantai II 22-24 Dac
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      184 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD El* tTA CIA SWW POUT HUANG PfNANG Bin MOt IS/12 LO4&T( for kUif KUVW MUOHU »/12 ftscha'jng and toadirg for Bombay DOIMA 11/1? Loading For Male rw«Jt sum* waz li/u loading for Male UMCEDH 201? loading For Male PHOGWSS IBOITT 13/U loadirg
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      1013 42 o THONG SOON UNES PTE LTD I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \y V/ TEL: 227 5088 FAX: 227-6011 I I ;2£i—.3L>- TLX: RS ***** CARRtR, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOT [SPORE |P€ST VESSEL |VOT |SPO»[ IDEST EQUATOR 111 108/3E 10
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      809 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BfttAKBULK SOC CARGOES TO FROM KOOE. YOKOHAMA. NAGOTA, MOD. TOKYO*. MANIA* DAVAO* Penanj* P. Kelang Singapore E'Msia* SHAPIAEVERETT VIBE 20/21 Dec 22/23 D«c IVTEVERETT V7E 19/20 Jan KARABIVERETT VISE 25/26 Jan 27/28 Jan ACCEPTING BREAKBUU FCI SOC CARGOES TO/FROM CWTTAGONG CALCUTTA ANO
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      366 43 Bt 6LORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO TIMBER TRADER 15/12 18/12 26/12 TIMBER GLORY 15/12 27/12 SP PKL HCM HK KAO GLORY SELATAN VII 10/12 12/12 19/12 ALSO LOADING IN SINGAPORE
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      513 43 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEI VOY SW KAHACHI MAKRAN 143 HW 13/1? 23/12 BOtAN 13«HW 21/12 Qt/01 HYDERABAD 125 HW 11/01 20/01 SARGOOHA 138HW 23/01 01/02 FAR EAST CONTAINER SERVICE ONLY VESSEL VOY SIH HKG BSW OS* HAG TON SABGOOHA 137 OW 21/12 25/12
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      556 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH HUAQINGHE V4B 49 19/12 05/01 08/01 FEN HC/33 04/01 20/01 23/01 HUA LI HC/47 19/01 04/02 07/02 ACCEPTS CARGO 10 JOHANNCSBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MDS SIN TIGER
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      255 43 $|N FAR EAST 14/12 KEELUNG/KAOHSIUNG 12/12 BANGKOK 12/12 MANILA/CEBU 12/12 JAKARTA/BELAWAN/SURABAYA 12/12 PORT KELANG/PENANG/E. MALAYSIA 12/12 BUSAN 12/12 TOKYO/YOKO/KOBE/NGO/OSA 12/12 HONG KONG m CHINA 12/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 13/12 LDN/FLX/LVP/SOU 13/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 12/12 LOS ANGELES/NEW
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      768 44 HONG KONG/CHINA 15/12 JAKARTA 19/12 BAN6KOK 15/12 MANILA 19/12 BUSAN 19/12 KEELUNG 19/12 TOKYO/KOBE 20/12 KAOSHIUNG 14/12 PORT KELANG/PENANG 20/12 YOKOHAMA 19/12 COLOMBO 16/12 FELIXSTOWE/HAMBURG 19/12 CHITTA6ONG/MADRAS 16/12 ROTTEROAM/LE HARVE/ANTWERP 19/12 BOMBAY/KARACHI BARCELONA. MARSEILLES. GENOA 19/12 LAX/NYC 12/12 SYDNEY/MELBOURNE 16/12 CMT LINER EXPRESS AGENCIES PTE LTD iCHSSIIII HOT-LINE 22-007-22 For
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      395 44 y Conrerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 14TH DECEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 17 DEC PORT KELANG 16 DEC JAKARTA 12 DEC HONGKONG 14 DEC FREMANTLE 16 DEC MELBOURNE 16 DEC SYDNEY 16 DEC I6OTHENBURG 16 DEC^^^^| 'ACCEPTING TO ALL SCANDINAVIA PORTS COLOMBO 16 DEC BOMBAY
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      502 44 Next Week's Sailings Singapore I T rTTT FIRST FORWARDER IN lo: LID lo: LID \SIA AWARDED Singapore Singapore '*<> I.RQA EVERY EVERY Bangkok SL'N Jakarta SDN CXD. EVERY EVERY /o^\\T7 Manila SUN Ho Chi Minh KRI |Uj y EVERY EVERY Colombo I'LL l.imassol THL'R l l| WTERNATIONAL SEA FREIGHT FORWAROPtG
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      1297 45 CRYSTAL FREIGHT SERVICES PTE LTD TEL N0: *****88/*****88 i T^ Mwnwro I «xauw/nwmuuj* hmh ranrkok 19/19 AUCKLAND 14/12 ANTWERP 13/12 RIJSAN 19/19 ADELAIDE 23/12 FELIXSTOWE 18/12 wmir;Knwr, i*/i9 BRISBANE 14/12 HAMBURG 13/12 JAKARTA 14/19 FREMANTLE 12/12 ROTTERDAM 13/12 SURABAYA 14/12 MELBOURNE 16/12 KEELUNG WK SYDNEY 16/12 KAOHSIUNG 12/12 11 _i
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      Page 45 Advertisements Column 2
      209 45 5N CINZA ORIENT SHIPPING CO, S.A. (GOSCO LINE) VESSEL VOY SIN YANGON GINZA ORIENT 04/N 15 20 DEC 20 24 DEC 0. STAR OS/N 20 28 OEC 25 30 DEC FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DEEPSEA SERVICE VESSEL VOY SIN ANTWERP TBN 01/N 10/15 OEC S-10 JAN mga/st
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      Page 45 Advertisements Column 3
      251 45 rCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.19 PORTS VOY BUENOS MONTEVIDEO OUMAN~| JAKARTA SINGAPORE HONQ KONGI KABOHMA YOKOHAMA* VESSELS AWES'" DEKAHtST BM SAAED SAILED SAILED SAILED SAILED 29/11-07/12 10/12 PWIOZERS* E604 SAILED SAAED 26/11 10/12 IS/12 19 26/12 30/12 PAVLOORAO EPOS 25/12-4/1 SAILED 17-16/12 31/12-01/01 03-Q4/01 09/01 13 21/01 23/01
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      173 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.4 1.2 1.1 U 1.4 1.8 2.3 2.7 2.8 2.7 2.5 2.0 1.6 1.2 0.9 0.7 0.8 1.0 1.4
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      130 45 V IIOOE TnOE LEGEND R Thunderstorm Temperate c y<\ J, < >howe Weother Wind drection with speed m knots e Rom \-S Cloudy Sky W V Surface winds ore ind>coted by orrows wfwcfi Hy wttfi Hte wind One hi crcte represents colm or hght ond vonob4e wmds One half Heche
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      690 46 A VIGOUR PACIFIC LINES VESSEL I VOYAGE SINGAPORE MANILA VIGOUR SINGAPOfIE 68NB 10/12/93 18/12/93 VIGOUR SINGAPORE 68ANB 13/12/93 18/12/93 LOADING WHY VIGOUR PACIFIC 33N8 17/ 12 93 I 25 12 93 FMMY AND MONOAr VIGOUR PACIFIC 33AN8 20/12/93 25/12/93 POfrT KLANQ/PgNANQ FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG
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      681 46 @APPENSHIP /2\ HAMBURG ITT/ CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS WSCHAJtGE LOADING FOR VASILIY KOVAL PORT SAID 19.11.93 SPORE 14/12 BKK IS/12 FORUM AKASAKA ANTWERP 05.11.93 SPORE 16/12 HARMONY SEA 13.11.93 SPORE 20/12 KOALA CONTAINER LINE STORE FIX HAM ROT LEH
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      906 47 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKGi *****61 VESSELS VOY PNA PKE PCD VESSELS VOY_ SIN WTM ANT* LEH* HAM MEt FEL NOR MALACCA 9349 A 06/12 07/12 09/12 H. PRONTO 308W 13/12 05/01 06/01 01/01 01/01 01/01 04/01 HMM ADVANCE 033 A 13/12 14/12 16/12
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      476 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nun m n mc u COSMC TRAM* 42 IS 12 H/12 MMM 24 11/12 11 12 KM KUI 22 12/11 OtiKl BOM 41 11/1! 12/12 Hlllll 71 11/12 SHI 4MOM II l/l 1/1 COSMC HASUI V2I 1/1 TMM 111
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      Page 47 Advertisements Column 3
      875 47 JEDDAH/UK/CONTINENT S'PORE ED S TON KHJRC DAN LEH *AM AccoptH| Cr t o For HANNOVU EXPRESS 17/141 11/12 2«/12 21/12 2/1 4/1 «/l :I*M UK feitkutaon. Bottxt and OubAn THAMES 20/141 IS/12 2/12 4/1 1/1 Rottortoni :to ol AM>*rp Aimtordom Otic Milu KAI OS/Ml 11/12 27/12 1/1 1/1 11/1 12/1
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      60 48 msfmm Tomorrow in Business Times imimi M.V. "ASEAN TRADER" VOY.I Arrived 6th December 1993 Consignees of all damaged cargoes ex the captioned vessel are hereby notified that a general survey will be held on the 13th December 1993 0900 -1200 houn at PT 10. No further survey will be entertained
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      Page 48 Advertisements Column 2
      4 48 Tomorrow in Business Times
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