The Business Times, 15 December 1993

Microfilm: NL18967
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday December 15 1993 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow tones down 17.6 points
      41 1 Reuter NEW YORK Wall Street stocks continued their pullback from Monday's blue chip rally and moved lower in trading at midday. The Dow Jones industrial average was down 17.61 points at 3.746.82 at lpm EST. Reuter
      Reuter  -  41 words
    • Article
      Lock icon US conditions for stronger dollar
      46 1 Reuter WASHINGTON The United States is willing to accept a stronger US dollar if European nations cut interest rates and Japan takes action to reduce its huge trade surplus, a senior American official, who declined to be identified, said vesterdav. Rcuter
      Reuter  -  46 words
    • Article
      Lock icon French health system suffers record deficit
      66 1 AP PARIS Record unemployment and economic woes have plunged France's muchadmired socialised medicine system into a 57 billion franc (5515.5 billion) hole, its biggest ever, a watchdog accounting commission said yesterday. "Our Social Security system is going through the most serious financial crisis of
      AP  -  66 words
  • Article
    MARKET SUMMARY
    113 1 Stock market indices Iuesday hange STII 2.252.31 *-7.04 K.LSE Composite .1.092.66 +2.31 Nikkei 17.308 73 -18.06 Hang Seng 10.021.4 -227.11 SET Index 1.482.99 -2.18 Jakarta Composite 536.08. +8.15 CLSA China B 1345.65 f 25.60 Ausl All Ord 2086.6 -7.9 FTSE 100 3.248.4 -6.2 Tuesday Previous 1pm close !)«>«
    113 words
  • Article
    Correction
    35 1 IN YESTERDAY'S report on OCBC's market capitalisation, we wrongly gave Keppel Bank's capitalisation as $4.71 billion. The correct figure is 51.92 billion. Keppel Bank therefore ranks after OUB. We are sorry for the error.
    35 words
  • Article
    Lock icon Final Gatt deal at hand as US, EC reach crucial compromise
    646 1 Bloomberg Business News, AFP Reuter GENEVA The European Community and the United States reached a landmark compromise in trade talks here yesterday, paving the way for a global accord which should put the seal on eight years of wrangling
    Bloomberg Business News,; AFP; Reuter  -  646 words
  • Article, Illustration
    HK police raid 30 offices of seven listed companies
    664 1  -  From Catherine Ong in HONGKONG MORE than 200 Hongkong police yesterday raided 30 offices of seven public companies linked to tycoons Stanley Ho, Deacon Chiu and awardwinning Taiwanese film-mak-er Hsu Feng in the most sweeping commercial crime probe since a September
    664 words
  • Article, Illustration
    Lock icon Hang Seng tumbles as regional markets hit new highs
    292 1  -  By R Sivanithy SINGAPORE Nervous investors sent Hongkong's Hang Seng Index plunging 227.11 points yesterday, while snapping up blue chips elsewhere in the region. They took to the sidelines in Hongkong as news came through of raids in connection with the
    Source: Bloomberg  -  292 words
  • Article
    HK set to reject compulsory CPF
    228 1  -  From Catherine Ong in HONGKONG HONGKONG is set to reject a proposal for the setting up of a compulsory central provident fund after a year of active public debate on the controversial issue. The government is expected to make an announcement today stating the
    228 words
  • Article
    Lock icon China sets 3 new tax rates with VAT pegged at 17pc
    661 1 Bloomberg Business News BEIJING China laid the cornerstone for its biggest tax changes in four decades of communist rule yesterday, setting out rates for a value-added tax, a consumption tax on luxury goods and a turnover tax on services.
    Bloomberg Business News  -  661 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Making merry in September
        287 2  -  By Ven Sreenivasan RESTAURANT and pub takings continued their merry rise in September judging by the latest food and beverage Cess figures. Cess collections for the month were $5.1 million, up from $4.8 million in August and $4.9 million in September 1992. Cess takings of $5.1
        Source: Dept of Statistics  -  287 words
    • Article, Illustration
      Number of outbound travellers expected to reach record
      638 2  -  By A J Leow SINGAPOREANS have been bitten hard by the travel bug this year, with the number of outbound travellers expecting to set new records. The overall increase for the industry "will be dramatic", says Robert Khoo. president of the National
      638 words
    • Article
      S'pore firm enters venture to refurbish Myanmar hotel
      226 2 A SINGAPORE company yesterday signed a joint venture with the Myanmar government to refurbish the Mandalav Hotel. Singapore Applied Investment Asia Pte Ltd had taken a 49 pej" cent stake in the joint venture company. Vlyanmar Swan Investment Ltd. and Myanmar would
      226 words
    • Article, Illustration
      Yeo Ning Hong to leave Cabinet on July 1
      549 2  -  By Anna Teo PRIME MINISTER Goh Chok Tong yesterday acccptcd Dcfcncc Minister Yeo Ning Hong's request to leave the Cabinet on July I, 1994, and voiced concern that "so many ministers in the last three years have wanted to return to
      549 words
    • NEWS ROUNDUP
      • Article
        BG Yeo to attend Asean meeting
        59 2 BRIGADIER-GENERAL George Yeo. Minister for Information and the Arts and Second Minister for Foreign Affairs, will attend the third conference of Asean information ministers in Manila for two days from tomorrow. The first conference was held in Jakarta in May 1989. and this was
        59 words
      • Article
        PCB substitutes to be banned
        69 2 IMPORTS of halogenated chemicals as substitutes for PCBs will be banned by the Environment Ministry from Feb 1. PCBs are chemicals used as insulating fluids in electrical equipment such as transformers. The ministry says many of the substitutes have been found to be toxic and
        69 words
      • Article
        Call to stress green management
        59 2 COMPANIES should invest more in environmental management infrastructure despite the high costs. Minister ot State for the Environment Abdullah Tarmugi said yesterday. If the environment were not protected, countries would have to pay the price ot illness, low productivity and low efficiency, he said at
        59 words
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      Page 2 Advertisements Column 1
      167 2 r Valentino OD Chemises IHb3 Far East Sole Agent: South-East Asia Agent: Available in Department Stores and Shoe shops YUEN CHEONG SHOE CO., LTD. YAT WANG PTE. LTD. in China, Hong Kong, Indonesia, Macau, Malaysia, Tel: (852) 562 0221 Fax: (852)565 8269,880 5404 Tel: (65) 294 5021 Fax: (65) 298
      167 words
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  • THE REGION
    • Article
      Thailand will act to dampen liquidity in monetary system
      581 3  -  From Alan Boyd in BANGKOK THAILAND is preparing measures to dampen liquidity in the monetary system after warnings that high economic growth could lead to overheating. The move follows a surge in land speculation and excessive consumption in the second half
      581 words
    • Article, Illustration
      Lock icon US companies about to get go-ahead to bid for projects in Vietnam
      476 3 Reuter, AFP HANOI American companies can begin bidding in the next week or two on nearly US$6OO million (***** milMion) worth of proposed development projects in Vietnam funded by world institutions. Senior US officials yesterday said this would
      Reuter,; AFP; Reuter  -  476 words
    • Article
      Lock icon Mahathir calls for more Malaysia-India trade
      479 3 Reuter, Bernama NEW DELHI Malaysian Prime Minister Mahathir Mohamad yesterday urged Indian and Malaysian businesses to boost trade and investment between the two countries. "Given the current efforts to liberalise further our respective economies, the private sector of both countries must not let the
      Reuter,; Bernama  -  479 words
    • Article
      Lock icon Petronas eyes Beijing retail business
      147 3 Bernama KUALA LUMPUR Petroliam Nasional Bhd (Petronas) is studying the possibility of setting up a joint-venture company with Beijing Petroleum Products Market General Corporation to own and operate service stations in Beijing. The latest issue of its monthly bulletin Nada Petronas said a letter of
      Bernama  -  147 words
    • Article
      Lock icon Ramos calls for laws to check baby boom
      217 3 AFP MANILA President Fidel Ramos, warning that the Philippines' population would nearly double to 120 million in 30 years, has called on Congress to pass laws to check the baby boom and promote long-term development. The largely Roman Catholic nation's first Protestant
      AFP  -  217 words
    • Article
      Lock icon Stench of death spreads, tapping heard
      407 3 KL condo disaster AP, Bernama KUALA LUMPUR The stench of death was spreading in the ruins of a luxury apartment building knocked down by a landslide last week, rescue workers said yesterday. Kiyoshi Shidera. director of the 24-member Japanese team of disaster experts who
      AP,; Bernama  -  407 words
    • ASIA NOTES
      • Article
        Lock icon Zero growth for Japan
        56 3 Bloomberg Business News TOKYO Yamaichi Research Institute, affiliated with one of Japan's Big Four brokerages, yesterday forecast the third straight year of zero growth in Japan's gross domestic product for 1994. The institute said GDP would contract 0.3 per cent for 1993, despite its growth in
        Bloomberg Business News  -  56 words
      • Article
        Lock icon Anti-foreigner demos in China
        90 3 Reuter BEIJING The inauguration of a big department store in western China, built with German and Hongkong funds, degenerated into an ugly protest against foreigners and Chinese who worked for them, the Beijing Youth News reported yesterday. The five-storey department store which ultimately did not open
        Reuter  -  90 words
      • Article
        Lock icon China to build more N-power stations
        85 3 AFP BEIJING China is to build nuclear power stations in several more provinces. A top executive of the China National Nuclear Corporation told Xinhua news agency yesterday that nuclear plants would be built in the provinces of Liaoning in the northeast, in Jiangsu in
        AFP  -  85 words
      • Article
        Lock icon Indon police arrest student protesters
        83 3 Reuter JAKARTA Indonesian security forces arrested 21 demonstrators yesterday after students occupied a Parliament building in Jakarta to against President Suharto's government. Police, wielding rattan sticks, evicted more than 100 people who occupied the building's foyer to demand a meeting with parliamentary speaker. Wahono. The
        Reuter  -  83 words
      • Article
        Lock icon Call for closer China-France ties
        64 3 AFP BEIJING The Chinese government yesterday expressed a desire for closer ties between China and France, but stressed that Paris must agree to halt arms sales to Taiwan. Aymeri de Montesquiou, vice-president of the French National Assembly's foreign affairs commission, made the comments after meeting
        AFP  -  64 words
    • Article
      Lock icon Asian infrastructure needs up to US$1.5 trillion
      247 3 AP BANGKOK Asian nations need up to US$l.5 trillion (552.4 trillion) in power, transportation, telecommunications and water supply systems over the next 10 years, an infrastructure development expert says. Everett Santos of the International Finance Corp said yesterday that for many nations, an
      AP  -  247 words
    • Article
      Lock icon Taiwan ruling party's firms just waiting to invest in China
      484 4 Reuter, AFP TAIPEI Businesses run by Taiwan's ruling Kuomintang (KMT) party are getting ready to invest in China once a four-decade-old ban is lifted, a KMT official says. Liu Tai Ying, chairman of the KMT Enterprises Administration Committee, yesterday said
      Reuter,; AFP  -  484 words
    • Article
      Lock icon Beijing expected to register US$9b trade deficit this year
      271 4 AFP BEIJING China will post an estimated US$9 billion (S$ 14.3 billion) trade deficit this year, following three years of consecutive surpluses. Exports are predicted to reach around US$9l billion by the end of the year, outstripped by US$lOO billion in
      AFP  -  271 words
    • Article
      Lock icon Chinese soldiers likely to flood job market
      220 4 AFP BEIJING China's already overcrowded job market faces a mammoth task in assimilating a flood of more than 500.000 soldiers undergoing demobilisation. The China Daily yesterday said that with urban unemployment officially set to reach between 3 per cent and 4 per cent
      AFP  -  220 words
    • Article
      Lock icon HK economy to continue to gain from reforms in mainland: bank
      405 4 AFP HONGKONG The colony's economy will continue to benefit from economic reform in China despite uncertainties posed by Sino-British disputes over the territory's electoral arrangements. The Standard Chartered Bank, one of the territory's note issuers, yesterday said "the acceleration
      AFP  -  405 words
    • Article, Illustration
      Lock icon Chinese textiles factory fire: Taiwanese owner told twice to improve safety
      383 4 Reuter BEIJING The Taiwanese owner of a Chinese textiles factory where at least 60 workers died in a fire early on Monday was twice told to improve safety, a Beijing-controlled newspaper said yesterday. Fire qfficials in southern Fujian province
      Reuter; AFP  -  383 words
    • Article
      Lock icon Seoul's high tariffs on gold create lucrative black market for smugglers
      394 4 Reuter SEOUL South Koreans are crazy about gold but buying it draws many unwittingly into a major crime ring high tariffs on imports have created a huge black market for smugglers. The World Gold Council (WGC) says South Korea
      Reuter  -  394 words
    • Article, Illustration
      Lock icon Japan to partially open rice market
      475 5  -  From Anthony Rowley in TOKYO THE Japanese government finally yielded yesterday to international pressure for a partial opening of the country's rice market, provided that the Gatt Uruguay Round negotiations, now in their final hours, are brought to a successful conclusion. By securing approval
      Reuter  -  475 words
    • Article
      Lock icon Debt of bankrupt Japanese firms hits 918b yen
      276 5 Reuter TOKYO Debt from bankrupt Japanese companies soared in November, boosted by the failure of a mediumsized construction firm which had the largest liabilities ever, a research firm said yesterday. Debt from business failures jumped 89 per cent in November from the
      Reuter  -  276 words
    • Article
      Lock icon Aussie lead export earnings seen to rise 36pc by '95
      211 5 Reuter CANBERRA Australian lead export earnings are projected to rise by 36 per cent to A 5477 million (SSSIO million) in the year to June 1995, reaching A 5744 million in 1998/99 as export volumes and prices improve, the Australian
      Reuter  -  211 words
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      Page 3 Advertisements Column 1
      150 3 Editorial, Pg 20 The rare perfection of Patek Philippe at The Hour Glass. i,. y ww. JHmSUKNm Choosing a timepiece should quisite features that hallmark be a relaxed and comfortable each Patek Philippe in our affair. Especially when you're collection. After all, we see considering the rare per- ourselves as
      150 words
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      Page 4 Advertisements Column 1
      244 4 Old Ebenezer Scrooge had it coming a long time ago someday much more simple and efficient for the Not only did his past catch up with him, even the future The Easy Series. Exorcise your fears mow\ Creative Software: Your guarantee #f qua y a prod looked like it held
      244 words
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      Page 4 Advertisements Column 2
      145 4 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. n 8.V.1 3 ISLE OF MAN b BAHAMAS JERSEY 1 BELIZE 3 LIBERIA 1 COOK ISLANDS MADEIRA O DELAWARE
      145 words
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      57 5 s Hungry for success PC PA** 1 Executive set lunch at only $32 French cuisine exclusively created by award-winning chef Christophe. Miss this and you miss the taste of success. For reservations, please call 739 3091. the (Regent I C y Singapore I A Foul Seasows Recent Hotel p 1
      57 words
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      Page 5 Advertisements Column 2
      493 5 WBHn/ \mßs "If you cant rely on your equipment, you're sunk!' The first yacht to cross the line in the 1990 make, from the first operation on the first tiny Round the World yacht race was designed by part through to final assembly in Geneva. Bruce Farr. The movement is
      493 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Stay vigilant towards Russia: Nato chief
        76 6 Reuter PARIS Nato should remain vigilant towards Russia and maintain a military balance after a surge ol support tor nationalists and communists in Russian parliamentary elections. Secre-tary-General Manfred Woerner said yesterday. His emphasis on military vigilance was a change in tone from recent Western
        Reuter  -  76 words
      • Article
        Lock icon Probe into Italian ex-PM's Mafia ties
        78 6 Reuter ROME Former Italian prime minister Giulio Andreotti was interrogated yesterday by magistrates probing his alleged links with the Mafia, judicial sources said. The 74-year-old Christian Democrat senator, who held Italy's premiership seven times, has been named by several key Mafia turncoats as the
        Reuter  -  78 words
      • Article, Illustration
        Lock icon Mercedes returns to Formula 1 race
        67 6 Reuter BONN German car maker Mercedes is set to make a return to Formula One motor racing after a 40-year hiatus with its new Sauber-Mercedes CI3 car. The car is being tested in Barcelona from Dec 13-17. It is pictured here at the Sauber
        Reuter  -  67 words
      • Article
        Lock icon Iraq frees French, German captives
        75 6 Reuter BAGHDAD Iraqi President Saddam Hussein has ordered a Frenchman and German to be released from prison where they were both serving eight-year sentences for entering the country illegally from Kuwait. "Jean-Luc Barierre is free and will soon meet members of a French delegation in
        Reuter  -  75 words
      • Article
        Lock icon US health campaign funds up
        83 6 Bloomberg Business News WASHINGTON US health and insurance industries' congressional campaign contributions have surged by about one third this year, the start of an election cycle expected to peak with a vote on health-care reform next year. The industries' contributions to congressional candidates rose to
        Bloomberg Business News  -  83 words
    • Article
      Lock icon Skilled immigrants to US up, but few make use of US$1m ticket
      347 6 AP WASHINGTON The flow of skilled immigrants to the US has doubled under new laws, but only a trickle of applicants are using the US$l million (Ssl.6 million) ticket to instant immigration. With immigration up in 1992 by
      AP  -  347 words
    • Article
      Divided Italy has no future in EC, president warns secessionists
      262 6 ROME President Oscar Luigi Scalfaro, reacting angrily to secessionist talk by the Northern League, warned on Monday that a divided Italy had no future in the European Community. "Don't meddle with national unity," he stressed in a speech to students.
      262 words
    • Article
      Lock icon Bundesbank sees German deficit rising by 40b marks
      222 6 AFP FRANKFURT The German public deficit will rise by 40 billion marks (5537.2 billion) this year to nearly 5 per cent of gross domestic product (GDP) because of recession, the Bundesbank said yesterday while rejecting competitive depreciation of the mark. The bank
      AFP  -  222 words
    • Article
      Lock icon Single currency not dependent on ERM: EC official
      421 6 Reuter BRUSSELS Creation of a single EC currency does not depend on a formal return to the tight movement bands of the Exchange Rate Mechanism, Economic AfTairs Commissioner Henning Christophersen was quoted yesterday as saying. His comments mark a major policy reversal
      Reuter  -  421 words
    • Article
      Lock icon Common world standard for smart bank cards a smart move: experts
      425 6 Reuter LONDON The decision by the world's leading bank card firms to agree a common standard for "smart" payment cards should speed the use of these microprocessor powered cards worldwide, card makers and analysts say. "This announcement is very
      Reuter  -  425 words
    • Article, Illustration
      Lock icon Virgin's Branson in bid to run new UK charity lottery
      301 9 Reuter LONDON Virgin Atlantic Airways owner Richard Branson and former trade and industry secretary Lord Young joined the race to run a new UK national lottery with a bid that pledges to donate all the profits to charity. The leading
      Reuter  -  301 words
    • Article
      Lock icon Thatcher's office knew of change in embargo, Iraq inquiry told
      191 9 AFP LONDON Former Defence Minister Alan Clark told a government inquiry into arms sales to Iraq that the ofTice of former Prime Minister Margaret Thatcher knew about a change in the weapons embargo Last week, Mrs Thatcher told an inquiry
      AFP  -  191 words
    • Article
      Lock icon Clinton offers emotional defence of economic strategy
      300 9 Bloomberg Business News, AP BRYN MAWR, Pennsylvania President Bill Clinton has offered an emotional defence of his economic strategy. "It does not do anybody any good to continue to assert things about the economic plan that are not true," Mr Clinton said on
      Bloomberg Business News,; AP  -  300 words
    • Article
      Lock icon Bomb blast hits UK rail line, no one hurt
      158 9 AP LONDON An explosion rocked a main rail line between London and the south coast of England yesterday, British Transport Police said. Inspector Paul Canning said no one was hurt in the blast, which was being treated as suspicious. He said
      AP  -  158 words
    • Article
      Lock icon Guidelines for new EC money, economic union approved
      348 10 AP BRUSSELS EC finance ministers on Monday gave final approval to guidelines that will lay the groundwork for the group's new economic and monetary union. The measures adopted by the ministers of the 12-nation trading bloc call for low inflation rates and
      AP  -  348 words
    • Article
      Lock icon World's population rising by 96 million people a year
      181 10 UPI LONDON The world's population grows by 96 million people each year and the burden falls most heavily on urban areas, exerting critical pressure on basic necessities such as clean water, housing and health-care, says a British charity. The charity. Population
      UPI  -  181 words
    • Article, Illustration
      Lock icon It's not easy being Green
      49 10 AFP ZURICH A Greenpeace team toiling to complete planting more than a hundred crosses in front of a nuclear power plant near here on Monday to protest against the Swiss export of used radioactive materials for re-cycling at a British plant in Sellafield. AFP
      AFP  -  49 words
    • Article
      Lock icon US regains lead in chip trade after eight years
      254 10 AP, Asahi TOKYO In a major turnaround that heralds potentially serious repercussions for the semiconductor industry, the US replaced Japan as holder of the biggest share of the world's chip market in 1993 for the first time in eight years, a
      AP,; Asahi  -  254 words
    • Article
      Lock icon Why Russian democratic camp lost in elections
      461 10 Public anger over everyday hardships is one reason AP, UPI MOSCOW The architect of Russia's economic reforms said on Monday that public anger over everyday hardships was the main reason for the defeat of democratic candidates in parliamentary elections. But Economics Minister Yegor
      AP,; UPI  -  461 words
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      128 6 Some people wrap tlkeir skirts wutli tissue paper* We wrap omrs wi tL an acldit noma 1 skirt. 'Wf\ US Hardy Amies has lined up an exclusive offer for you this season. I rom now until December 14, we II give you a »hirl FRHH when you buy our white,
      128 words
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      181 6 WHEN IN CHINA... Get The Straits Times, Lianhe Zaobao Business Times from the following hotels In Beijing In Shanghai Shangri-La Beijing Hotel Equatorial Shanghai Yanshan Hotel Yangtze New World Hotel Great Wall Sheraton Hotel Shanghai JC Mandarin Kuniun Hotel Shanghai Hilton International Holiday Inn Lido Hotel Sheraton Hua Ting China
      181 words
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      10 6 Guidelines for new EC money, economic union approved, Pg 10
      10 words
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      517 7 located on tke (lead alone. And pressureeno u g k to slightest impression made against I •k makes it kardly surprising tkat tke omes witk an air tag Supplement i- Restraint System (SRS) tradition For Lot k tke driver tkc LS 400. tke ES 300 inherited bigger passenger. eked to
      517 words
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      27 8 /*>- r'~ > V '^JMv v r* vv > i -•;> >.. •m*/" k, 'JTm V- V «l^'fc2SA>s r < aRT Pj %-^b I I I jg J@m>,' s' ,fll 1 '>:*™l *^Unll
      27 words
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      164 9 TOP 1,000 COMPANIES jjWP INDUSTRIAL SERVICE SECTIONS ***** INDISPENSABLE FOR ANYONE DOING BUSINESS IN SINGAPORE THREE GOOD REASONS TO BUY SINGAPORE 1000 Keep Abreast of The Latest Corporate Achievers in Various Industries, including The Most Improved Company; The Most Profitable Company; And The Most Profitable industry Gives you a ready
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      105 9 I NATIONAL UNIVERSITY OF SINGAPORE j Presents Jgj PUBLIC LECTURES Sj PROFESSOR BRIAN ABEL-SMITH i|j Lee Kuan Yew Distinguished Visitor I jjX j ■■■■■public lecture 2 j® j Veooe i LTI7.NUS i^j j r^Kn^HH I The art of writing MONT° BLANC Kxpericncc for yourself the elegant new additions to the
      105 words
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      233 10 D R E AM Melbourne's choicest address mSM f ffimLWgu If jyi Eg 3 "Ht ■SL *i<im Half a City block provides abundant scope for imaginative re-development. IN an historic move, News Corporation Limited is re- fljV* l '"T ll t!!| 11^ locating its Victorian headquarters to a state-of-the-art facility
      233 words
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      40 10 REDISCOVER RADIO 1 I wake up to Radio 1 on my clock radio every morning. They seem to give me just the right amount of news, sports, weather and music that gets me going. tAN 40, Marketing Manager Radiol 90.5™
      40 words
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  • WORLD FOCUS
    • Article
      Lock icon Israel hints at further delay in self-rule
      949 11 Hitch in Israeli-Palestinian peace talks NYT JERICHO, Israeli-occupied West Bank As a closely watched target date came and went with no change in the Israeli occupation of the West Bank and Gaza Strip, Prime Minister Yitzhak Rabin suggested on Monday that there could
      NYT  -  949 words
    • Article, Illustration
      Lock icon PLO worries about foreign aid being held up
      383 11 Reuter STRASBOURG, France PLO leader Yasser Arafat said he hoped the delay in the peace process with Israel would not result in a hold-up in disbursement of foreign aid to the occupied territories. The chairman of the Palestine Liberation Organisation diplomatically chided
      Reuter  -  383 words
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      4 11 LAW PAGE Every Thursday
      4 words
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      90 11 wm RJJS WAITING FOR YOU. <iIM 4h Wherever 1 "\fl^H Omni Hotel always I [H| experience. Because shows many on the Centre an document. Or anything else. That's why so many guests can't SINGAPORE Omni ©Marco Polo hotel HONG KONG Omni ©The Hongkong Hotel Omni ©Marco Polo Hotel Omni ©Prince
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      674 12 Nothing Beats A Bud, OF FULL DflV SEMINAR PACKAGE at only 545.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For only 545 per
      674 words
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      Page 12 Advertisements Column 2
      261 12 WHERE TO WINE, DINE AND ENTERTAIN Our Bird's Nest will please your palate as well as your pocket. just added Bird's Nest j delicacies to our menu at really I uCfLrTi affordable prices. Whether it's a Bird's Nest main dish or dessert*, you won't be disappointed. Wry In fact, you'll
      261 words
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      Page 12 Advertisements Column 3
      415 12 rife LUNCH ACROSS A H INTERNATIONAL A a BOUNDARIES DURING yfii w DECEMBER Jfjfft Festive fare and variety. An irresistible combination that makes Top of the M a "must" Lr lunch destination for December. I reservations, please call 734 6151 739 8438. Seasonal Buffet 1 Dec 15 Dec '93 Noon
      415 words
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  • LIFESTYLE
    • Article, Illustration
      A gripping tale turned dull
      839 13  -  S N Vasuki reviews the TV adaptation of Barbarians at the Gate, a book about the battle for RJR Nabisco S N Vasuki THE 1988 leveraged buy-out of RJR Nabisco was a monumental symbol of the greed decade, the piece de resistance of what happened
      839 words
    • Article
      Lock icon Gore first politician to head boring list
      373 13 CHATTERBOX UPI UPI UPI US VICE-PRESIDENT Al Gore has earned the dubious title of most boring celebrity of the year. The Boring Institute in Maplewood. New Jersey, says it's the first time in the 10-year history of the list that the top honour
      UPI  -  373 words
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      386 13 CHRISTMAS NIGHT MENU (By Reservations Only) Vol Av Vent (Pastry salted puff shells) with Mushrooms Parma Ham and Melon "Capncoosa" in stuffed tomatoes Lamb stuffed Ravrofcs in Butter and Sage-sauce *Aosta Vallet style Lasagnas Spaghettis wrth Rock Lobsters sauce Roast Ti*key Roast Potatoes Fish Filet Ofcves Butter Sauce Carrots Panettone
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1270 13 I TVttWAPW 1 Dolph Lundgren straight-laced, irritating partner (Brian Benben). They a spate vampiric which Lundgren believes done by a huge alien drug- fiend. Enjoyable 1989 sci-fi ac- jgflftMMg Mr tion film that gives us some W laughs. m m Snakes: The Power of the Myth, 9.30pm, SBC 12 All
      1,270 words
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  • SPORTS
    • Article
      Lock icon The NFL playoffs: who's in, who's out, and who's hoping
      536 14 NYT NEW YORK The last time the Giants and the Jets made the National Football League playoffs together was after the 1986 season. The Jets won a playoff game, lost one and were done. The Giants won all of theirs,
      NYT  -  536 words
    • Article
      Lock icon Rockets rising to the occasion
      403 14 AP HOUSTON One more big game and one more big win for the Houston Rockets. "I guess this shows we're not a fluke," said coach Rudy Tomjanovich after the Rockets beat Seattle 82-75 last Saturday and boosted their record to 19-1 the second best start
      AP  -  403 words
    • Article, Illustration
      Lock icon Christie voted UK's top sports personality
      56 14 Reuter LONDON Olympic 100 metres champion Lindford Christie showing off his trophy after winning the BBC Sports Personality of the Year award on Monday. Christie has shelved any retirement plans. He predicted on Monday that he could even be around to defend his Olympic
      Reuter  -  56 words
    • Article
      Lock icon Wilkins helping to put Hawks on winning track
      643 14 AFP ATLANTA, Georgia Dominique Wilkins has Atlanta on its greatest winning streak ever. But the 11-year veteran hungers for the National Basketball Association title the Hawks have never approached. "I would love to have that (championship) ring on my finger before I
      AFP  -  643 words
    • Article
      Lock icon Roberto Duran back in the ring again after 13 years
      435 14 AP WASHINGTON Roberto Duran, the man who cried "No more!", is still fighting, 13 years after that public humiliation against Sugar Ray Leonard. Duran, now past 42 and hardly recognisable as the first man to beat, was due to test
      AP  -  435 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        163 14 AFP NEW YORK World record holders Noureddine Morcdi of Algeria and Wang Junxia (right) of China are among six finalists for the 1994 Jesse Owens international Trophy Award. Morceli holds the mile record of three minutes, 44.39 seconds and also boasts the second fastest runs ever at 1,500 and
        AFP  -  163 words
      • Article, Illustration
        Lock icon Ice hockey
        23 14 Reuter NEW YORK NHL Maaday NY Rangers 2 Buffalo O, Quebec 5 Washington 3; Ottawa 5 Los Angeles 2. R cuter
        Reuter  -  23 words
      • Article, Illustration
        Lock icon Soccer
        371 14 AP AFP AFP SEOUL South Korea will bid to stage the 2002 World Cup soccer finals and will invite rival North Korea to be co-host, soccer officials said yesterday. "We hope that the joint sponsorship of the World Cup would promote closer ties with North Korea," said Lee Hong
        AP; AFP  -  371 words
      • Article, Illustration
        Lock icon Basketball
        337 14 AP Reuter SACRAMENTO, California Sacramento Kings rookie Bobby Hurley showed encouraging signs after eight hours of surgery following a car accident, but his doctors were unwilling to speculate if he will play basketball again. Hurley, 22, remained in a lifethreatening situation late on Monday and was breathing with a
        AP; Reuter  -  337 words
      • Article, Illustration
        Lock icon Golf
        119 14 AFP LONDON England's Nick Faldo stayed abend of Australian Greg Norman in the world rankings itsued Monday: I Nick Faldo (Eng) 21.57 pts 2 Greg Norman (Aust) 19.45 3 Bemhard Langer (Ger) 17.11 4 Nick Pnce (Zim) 15.89 5 Paul Azinger (US) 14.87 6 Fred Couples (US) 14.81 7
        AFP  -  119 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      112 14 I I'T' I J^|^ 1 ifl illlilMiflHSH Successful executives possess an mnate ability jßfclJfc W )Wm to identify opportunities in a competitive world. In Singapore they choose the 245-room BH»T~~IaI Mdia at Scotts. recognising the advantages a ■EMK^Hyt^ E^Pi^ fine location and first class service bnng jVm£ l» They enjoy
      112 words
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      Page 14 Advertisements Column 2
      172 14 L^cS&f 22 ft 23 KUrdi 1994 SINGAPORE INDOOR STADIUM fl|V competitive kmc selling iMX F DAYTOM HOPKINS J IBrJP** ONE WORLD CLASS SALES i MPW J LEOEKD, TRAINER MILLIONAIRE m NOW TO SILi ANYTIING m X DAT toutboiy SV MoJ. SALESPERSON ACCORMNQ TO THE X a quhieii door or world
      172 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      467 15 18 Prestigious Reciprocal Clubs m DONT MISS Yftllß I AST SHOT IV/ vIY uHv 1 u uL 1 Batam Spring Malaysia Saujana o^^ Counti^^^^^ l {j JRa Courrtry fcjJ^B "•al^ Hong Kong Th e Joondalup Country Club Membership Shares Discovery definite i y c nex t Friday 17 December 1993
      467 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1187 16 Goldtron launches Talking Fax Card Hh 1 I GOLDTRON GOES BEYOND REGIONAL jONE OF THE CORNERSTONES OF GOLDTRON'S corporate strategy is the design and development of proprietary products for distribution through our network worldwide. This is v **r vV v Goldtron's response to the Singapore Government's call for local M
      1,187 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Asia Inc comes of age
      2078 17  -  Special to BT Rise of Asian conglomerates FRANCISCO ROMAN FRANCISCO ROMAN The writer is an associate professor at the Manila-based Asian Institute of Management. He obtained his PhD in business administration from Harvard Business School HE story of conglomer- ates in America and Asia is
      2,078 words
    • Article, Illustration
      A stiff-hinged door in Thailand
      1216 17  -  ALAN BOYD ALAN BOYD The writer is a journalist based in Bangkok He has earlier worked in Hongkong. Europe and Australia Economists like to say that Thai firms are shophouses pretending to be corporations dominated by a fiercely patriarchal family structure that is ill-equipped to
      1,216 words
    • Article, Illustration
      Japan firms adrift in sea of uncertainty
      1445 19  -  Japan fights recession. India braces for deregulation ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokji corresponded TO paraphrase former British Prime Minister Harold Macmillan's immortal phrase. Japanese corporations are feeling that they have never had it so bad. Domestic demand has collapsed,
      1,445 words
    • Article, Illustration
      The 'Bombay Club' lobbies for level playing field
      1326 19  -  VIKRAM KHANNA VIKRAM KHANNA The writer is BT's Regional Economics Editor ABOUT six weeks ago, eight of India's top industrialists met at the plush Belvedere Club at the Oberoi Hotel in Bombay. Their purpose: to draw up a gameplan to lobby for
      1,326 words
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      Page 19 Advertisements Column 1
      140 19 Celebrate the Holidays with a sumptuous feast at Kublai Khan Mongolian Restaurant.^ x Ce r^C erence Holiday Mood and get more buffet varieties to choose I' Pre-Christmas Christmas Eve Buffet Dinner Buffet Dinner Buffet Lunch wyjflX (16.12.93 to 23.12.93) (24 12.93) (25.12.93) yrr'^<Vll l Normal Price "V v r\f Adult
      140 words
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  • Article
    Lessons from a disaster
    505 20 EDITORIAL IF EVER anyone wondered whether there was a downside to economic development at breakneck speed, the answer came at the weekend with the dramatic television pictures of a collapsed apartment block in Kuala Lumpur. Malaysia's vigorous green lobby have over the years often complained about
    505 words
  • WHAT THE OTHERS SAY
    • Article
      Preserving the social fabric
      205 20 EVEN WITHOUT qualitative support, a brand new set of social indicators released by the Department of Statistics last week has already picked up two intangible areas of Singapore life that merit closer scrutiny and monitoring. On family conditions covering rising divorce rates and the higher incidence
      205 words
    • Article
      A tragedy in Kuala Lumpur
      168 20 THE Hulu Klang condominium disaster in Kuala Lumpur that left 54 people still trapped under the rubble is a big and sad tragedy for Malaysia and the Malaysian people. As hopes of finding more survivors from the debris of a collapsed luxury apartment block fade,
      168 words
    • Article
      Indonesia's priorities
      204 20 THE Indonesian Minister for Manpower has been harping on the unemployment problem these past few months. Again, three days ago, he said that 38 per cent of the population is unemployed. On the agenda under Indonesia's next five-year plan, which starts next year, is creating 12 million jobs
      204 words
    • Article
      Don't allow a N Korean bomb
      162 20 LAST WEEK, North Korea reportedly offered to open up five relatively minor nuclear sites, but stated that its two most sensitive facilities at Yongbyon would be off limits. These two sites house a reactor and a reprocessing plant, which Western intelligence says could be
      162 words
    • Article
      Settle Palestinian autonomy
      167 20 THE WORLD yesterday did not seem to expect the planned withdrawal of Israeli troops from the Gaza Strip and Jericho today as it joyfully welcomed the signing of the Israeli-Palestinian peace agreement in Washington last September. For Yasser Arafat, the continued presence of Israeli troops in Gaza
      167 words
    • Article
      It's up to the DAB now
      145 20 SINCE Nobel laureate Daw Aung San Suu Kyi and her party, the National League for Democracy, scored a landslide victory in the 1990 elections, there has been no bigger threat to the survival of the ruling State Law and Order Restoration Council (Slorc) in
      145 words
  • Article, Illustration
    Lock icon Is this man a Russian Hitler in the making?
    851 20  -  Chrystia Freeland finds striking parallels between Viadimir Zhirinovsky's one-man band and the Nazis of pre-war Germany Chrystia Freeland FT THE remarkably strong showing of Vladimir Zhirinovsky's neo-fascist Liberal Democratic Party on Monday prompted Yegor Gaidar, architect of Russia's economic reforms, to
    FT  -  851 words
  • Page 20 Advertisements
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      291 20 PLAY MARKET GURU *—-t AND WIN YOURSELF A ROYAL RIDE ON THE EASTERN Ml ORIENTAL EXPRESS! IF^T iff I i i ff i If Could you do with a weekend of royal luxury? Business Times is offering readers a chance to get away from the hustle and bustle of city
      291 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      74 20 -yx He likes to come r 0 iv»e\ ueLL,uj€jj., cv )PJ^-^ jr m G«N eveßy ONCE. ooR &etoveD fißcvs WHDER <? I IN U>HIL£. DOONESBURY GARRY TRUDEAU Auvruaurj: H&, HJULrTHATSUHAT SINCBI DOtfTUJANTTO SUPPORT warnAe' «05' ItUMTBPTOTAIK PRU6 APCXCTS-AHPM NOT m OH.HEtGOTTA miuvA HNAUY— TO YOU ABOUT,AUCt. QUAUHtt? TOF£COGNIZ£ TH£ MIL...
      74 words
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  • ANALYSIS
    • Article
      Lock icon The Europeanisation of the American labour market
      726 21  -  Reginald Dale sees the United States committing the same mistakes that have cost Europe dearly Reginald Dale IHT FOR nearly 15 years, Americans have been lecturing Europeans on how to create jobs. It is a well-known refrain: Europeans must slash their cushy social
      IHT  -  726 words
    • Article
      Breaking out of the Aids research ghetto
      1057 21 Interview with Professor Luc Montaenier,' discoverer of the HIV virus PARIS-BASED Pasteur Institute professor Luc Montagnier discovered the HIV virus ten years ago. Since then, the 61-year-old professor has been at the forefront of the quest for a vaccine to combat it. Somewhere
      1,057 words
    • Article, Illustration
      Aids doesn't let up — all over the world
      401 21 Aids doesn't let up all over the world IN New York City, Aids is the leading killer of women aged between 25 and 34. On the other side of the world. Aids has invaded Thailand, where it is borne mainly by young women from the provinces who work in the
      401 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      83 21 A BOLD NEW SPIRIT i 2 FLIGHTS A WEEK M "KUWAIT V 1 Two flights per week starting 2 Dec. 1993 STARTING 2 DEC.1993 jl every Thursday and Sunday I For further information, call FROM SINGAPORE TO KUWAIT II Kuwait Airways or your travel agent: DAY Cl departure arrival I
      83 words
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  • Article
    Lock icon US current account deficit widens 3pc in third quarter
    509 22 Reuter, Bloomberg Business News WASHINGTON The United States' current account deficit, the broadest measure of the nation's trade performance, widened 3 per cent during the third quarter because of weaker foreign sales. The Commerce Department said yesterday that this was the
    Reuter,; Bloomberg Business News  -  509 words
  • Article
    Lock icon Patten appeals to China for talks but won't shelve reform Bill
    311 22 AP HONGKONG Governor Chris Patten made a last-min-ute appeal to China for more talks yesterday, but stuck by his plan to submit electoral reforms to the colony's legislature today. Mr Patten said he had "asked once again for confirmation
    AP  -  311 words
  • Article
    Lock icon Paramount put on the auction block, support for Viacom deal withdrawn
    330 22 Bloomberg Business News, Reuter NEW YORK Paramount Communications' board put the company on the auction block yesterday, withdrawing support for a merger with Viacom and setting a Dec 20 deadline for bids. After a meeting that lasted late into
    Bloomberg Business News,; Reuter  -  330 words
  • Article, Illustration
    Lock icon A change of crop for drug lord?
    127 22 AFP BANGKOK In a letter to US President Bill Clinton, opium warlord Khun Sa of Mvanmar (above) has invited the United States to help end poppy cultivation in areas under his control. The Bangkok Post yesterday reported that the letter was sent last
    AFP  -  127 words
  • Article
    Lock icon Japan's trade surplus shrinks for first time in 35 months
    362 22 AP, AFP TOKYO Japan's trade surplus fell from year-earlier levels in November for the first time in 35 months as the cost of the higher yen made Japanese goods less attractive- abroad. The Finance Ministry yesterday said the smaller trade
    AP,; AFP  -  362 words
  • Article
    Lock icon Russian nationalist denies expansionary plan, will cut off aid to republics
    433 22 AFP. Reuter MOSCOW Russian ex-treme-right nationalist leader Vladimir Zhirinovsky yesterday denied he wanted to expand the Russian empire forcibly, but said that once aid was cut off to former Soviet republics they would beg to rejoin. At his first
    AFP.; Reuter  -  433 words
  • Article
    Lock icon Indian brokers boycott bourses after ban on forward deals
    242 22 Reuter BOMBAY India's major bourses closed yesterday with no deals done as brokers boycotted business to protest against a ban on carry forward deals announced by the Securities and Exchange Board of India (Sebi). A meeting of stock brokers in Bombay
    Reuter  -  242 words
  • Article, Illustration
    Yeltsin's winter of instability
    813 22  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT correspondent AS winter descends on the Russian landscape, the country's rulers and its people have been reminded once again that it's a bleak season that has never provided them much stability. It's almost as
    813 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      31 22 camPAa Cju II ma r jT) I imp! FULLMARK MICRO PTE LTD T E L 2 2 1 3 6 2 6 HK economy to gain from China's reforms. Pr 4
      31 words
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      Page 22 Advertisements Column 2
      18 22 Why Russian democratic camp lost, Pg 10 Is this man a Russian Hitler in the making? Pg 20
      18 words
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      Page 22 Advertisements Column 3
      99 22 (jFullmark^ BbSE wrnAA FULLMARK MICRO PTE LTD TEL:22 1 3 6 2 6 —I S It's alright With the uni-ball micro BOHHB rolling pen, water-resistance is just one of its outstanding qualities. The Uni-ball Micro Deluxe rolling thus allowing clearer impressions ballpoint pen uses a special with ease. Reliable and
      99 words
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  • COMPANIES & MARKETS
    • Article
      Speculation rages over possible sale of MAS stake
      394 23  -  By Dexter Lee SINGAPORE Speculation continues to rage on a possible change in the ownership of Malaysian Airline System, following its biggest shareholder's silence on the matter. The market has been abuzz with talk since last week that the Malaysian central bank.
      394 words
    • Article, Illustration
      Pan-United Corp's unit completes two contracts worth $9.6m
      348 23 SINGAPORE Marinebased Pan-United Corporation, which launched its initial public offering on Dec 6, yesterday announced that its shipyard arm has completed two projects worth $9.6 million. Medium-sized Pan-United Shipyard won the contracts earlier this year from two leading Asian shipowners Indian conglomerate
      348 words
    • Article
      Lock icon Van Der Horst in spotlight after power deals
      382 23 Reuter SINGAPORE Power installation company Van Der Horst Ltd is rapidly becoming one of Singapore's hottest stocks after bagging two major Philippine power contracts, with more deals in the making. Its shares have risen more than 100 per cent since the end
      Reuter  -  382 words
    • Article
      Sun Corp's adviser for sale of subsidiaries to Unicentral
      278 23  -  By Teh Hooi Ling SINGAPORE Adviser N M Rothschild has supported the sale of three Sun Corp subsidiaries to Unicentral Corp under the terms of a deal outlined in October. Sun agreed to sell its entire shareholding in Singapore Breeding Farm.
      278 words
    • Article, Illustration
      What's likely to move the stock market in 1994
      532 23  -  HOCK LOCK SiEW By Joyce Quek SINGAPORE With the 12 days of Christmas fast approaching, idle minds asked analysts to name a dozen factors that, for better or worse, would afTcct the Singapore and Malaysian stock markets in the first half
      532 words
    • Article, Illustration
      Lock icon DBS Land's share price gains 16 cents on news of land buys
      473 23  -  By Sylvia Wong SINGAPORE The price of DBS Land shares rose 16 cents yesterday on the back of news that it was about to buytwo big pieces of land in Jurong and Zion Road. The stock ended at
      Source: Bridge Info  -  473 words
    • Article
      Mitsui Toatsu Asia to tap US$100m
      245 23  -  By Shiv Taneja SINGAPORE Mitsui Toatsu Chemicals (Asia) Ltd (MTCA) will be the first Singa-pore-registered company to raise US$lOO million (SSIS9 million) through an Asian Medium Term Note Programme. When the instrument is listed on the Stock Exchange of Singapore, for which approval has
      245 words
    • Article, Illustration
      Lock icon SUMMARY
      336 23 Source: Bridge Info Performance of STII's Index stocks Dec 14 Last Scasc ladex Slock sate Ch*e factor awven (I) Avimo I 970 -0.040 I 28 J J CAC 8 800 0 200 5.73 41.67 WT 2940 -0 050 192 -10 42 C crcbos 7 300 -0 200 4.76 -41.67
      Source: Bridge Info  -  336 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Glenealy made 'designated securities'
          84 24 Bernama KUALA LUMPUR Glenealy Plantations (Malaya) Berhad will be declared "designated securities" effective today due to excessive speculation on the counter, the Kuala Lumpur Stock Exchange said yesterday. Any sale of the company's shares is prohibited unless the seller delivers the share certificates together with the
          Bernama  -  84 words
        • Article
          Lock icon Nam Fatt's proposals revised
          105 24 Bernama KUALA LUMPUR Nam Fatt Berhad's proposed acquisitions and offer for sale of shares have been approved by the Securities Commission but under revised terms, Bumiputra Merchant Bankers Bhd said yesterday on behalf of the company. The total consideration for the proposed acquisition of four companies
          Bernama  -  105 words
        • Article
          Lock icon Insas looks to new areas
          68 24 Bernama KUALA LUMPUR Insas Bhd, having completed its restructuring exercise, expects to move into new areas. The company plans to acquire and develop businesses in property investment and development, pharmaceutical products and financial serv ices. The group posted a pre-tax profit of MS3.I million for
          Bernama  -  68 words
        • Article
          Lock icon KLK agrees to buy Jasachem
          56 24 Bernama KUALA LUMPUR Kuala Lumpur Kepong (KLK) Bhd has agreed to buy the entire issued and paid-up capital of Jasa Megah Industries Sdn Bhd's subsidiary, Jasachem Investments Sdn Bhd. KLK said the purchase of the one million shares of Msl each was for a cash
          Bernama  -  56 words
        • Article
          Lock icon Long Huat looking to China
          41 24 Bernama KUALA LUMPUR Long Huat Group Bhd hopes to strengthen its operations by diversifying into manufacturing and property development in China and discussions with joint venture parties there have reached an advanced stage, it said. Bernama
          Bernama  -  41 words
      • Article
        UNIT TRUSTS & FUNDS
        492 24 UNIT TRUSTS FUNDS Managers' prices Dec 15 105$ 108 a, j. United Or Fund! 1.62 I6X Singapore Unit Trust united Asia Kund i.«i i«The Commerce 1.76 1.85 NTUC Income The Savings Fund 166 174 Policv 4 16 4 52 S pore Prog Fund 0.74 0.78 S'pore See Fund 107 1.12
        492 words
      • Article, Illustration
        Lock icon M'sian infrastructure projects to tap capital market for funds
        284 24 Bernama KUALA LUMPUR Malaysia wants its capital and futures markets to develop and become the main source of funds for infrastructure development. Deputy Finance Minister Loke Yuen Yow said yesterday. "Funding from banks will remain a principal source of funds but
        Bernama  -  284 words
      • Article
        Creative Technology to set up Malaysian plant next year
        292 24  -  By Joseph Rajendran SINGAPORE Creative Technology, a worldwide market leader in multimedia, will set up a manufacturing plant in Malaysia within the next 12 months. Vice-president and general manager for Asia, CT Yeo, said the firm "expects demand to increase tremendously
        292 words
      • Article
        Lock icon IOI shareholders advised to vote for proposed purchase of LSH stake
        316 24 Bernama KUALA LUMPUR Shareholders of Industrial Oxygen Incorporated Bhd (IOI) have been advised to vote in favour of the company's proposed purchase of a stake in Lam Soon Huat Bhd and sale of properties and investments to LSH. In
        Bernama  -  316 words
      • Article
        Lock icon M'sia's Land and General in tie-up with Indian rail company
        204 24 Bernama KUALA LUMPUR Land and General Bhd yesterday announced that it has entered into a joint-venture agreement with Indian Railway Construction Company Ltd (Ircon). a company incorporated in India. for the development of railways in Malaysia. The company said in
        Bernama  -  204 words
      • Article
        DIVIDENDS ANNOUNCED
        721 24 Pavment K* Books P«> (%> date close dale MSB 50* b 5 Dcc 31 Jan 14 Jan 21 Amal Steel 50- b 14 Dcc 2 Dcc 16 Jan 15 Amtck tng 20* F 6Tt Dcc 15 Dcc 21 Dcc 30 Antah Hldgs 50* b 6 Dcc V Dcc
        721 words
      • Article
        Rothmans in Myanmar cigarette joint venture
        340 24  -  By Genevieve Cua SINGAPORE Rothmans Industries has entered a joint venture to operate a cigarette factory in Myanmar. Rothmans' vehicle is subsidiary Rothmans Myanmar Holdings Pte Ltd (RMH) and its partner is the Union of Mvanmar Economic Holdings (EHL). Rothmans of Pall Mall Myanmar
        340 words
      • Article
        Charoen Pokphand sets up unit for cable TV venture
        278 24 BANGKOK Charoen Pokphand Group (CP) has established a new subsidiary. Thai Cable Vision Co. with 100 million baht (556.2 million) in registered capital, to set up Thailand's first cable television system using telephone lines. The Salion reported. CP's investment arm. Telecom
        278 words
      • Article
        Lock icon Manila set to sell off 40pc of country's biggest oil firm
        531 25 Reuter MANILA The Philippine government was set to auction ofT 40 per cent of the nation's biggest oil refiner and distributor yesterday in the country's largest ever privatisation. At least four foreign groups have expressed interest in bidding to
        Reuter  -  531 words
      • Article
        Lock icon HK bourse to launch short-selling on Jan 3
        159 25 Bloomberg Business News HONGKONG Short-selling is coming to Hongkong. The territory's stock exchange said it will launch regulated short-selling on Jan 3. The trading will be limited until some government regulations are revised. The territbiy's 21 blue chip stocks, each with a
        Bloomberg Business News  -  159 words
      • Article
        Lock icon HK Land takes up rights in Trafalgar House share sale
        159 25 Bloomberg Business News LONDON Hongkong Land Ltd said in a statement it plans to buy all the shares it is entitled to under the £425 million (SSI.OI billion) share sale unveiled yesterday by Trafalgar House pic. Hongkong Land, controlled by
        Bloomberg Business News  -  159 words
      • Article
        Lock icon Japan's Omron to set up more China plants
        171 25 Bloomberg Business News TOKYO In a bid to combat the strong yen and expand its Chinese market share, Omron Corp, one of Japan's leading producers of cash dispensers, said yesterday it will set up two more joint venture production facilities in China.
        Bloomberg Business News  -  171 words
      • Article, Illustration
        Lock icon Destroyed by construction works
        56 25 AFP TAIPEI The office of a Taiwan distributor of Japan's Toyota Motors in Sanchung, outside Taipei, is totally destroyed after it suddenly ca»ed in yesterday. Company officials said the cave-in was caused by the construction of a nearby building, and were demanding at least US$5OO,OOO (S$800,000)
        AFP  -  56 words
      • Article
        Lock icon Pico's HK arm forms joint venture in Shanghai
        228 25 Bloomberg Business News HONGKONG Exhibition stand designer and fabricator Pico Far East Holdings Ltd has entered into a joint venture plant in Shanghai, the company said in a statement yesterday. The plant, which involves an investment of HKSS million (about SSI million),
        Bloomberg Business News  -  228 words
      • Article
        Lock icon Guangdong Enterprises gets speculative credit rating
        184 25 AFP TOKYO Standard and Poofs Asia Ltd yesterday assigned a speculative BB rating to China's Guangdong Enterprises (Holdings) Ltd. a Hongkong company owned by the government in neighbouring Guangdong province. "The rating reflects the high risks of the company's operations and finances," the New
        AFP  -  184 words
      • Article, Illustration
        Lock icon Goodman Fielder's CEO quits after execs resign
        398 26 Bloomberg Business News SYDNEY After coping with an exodus of top executives, persistent takeover talk and pressure from institutional shareholders to improve its profits. Australian food group Goodman Fielder Ltd yesterday replaced its embattled chief executive officer with the head of its European
        Bloomberg Business News  -  398 words
      • Article
        Lock icon IBM stock rebounds as revamp wins over more investors
        286 26 Bloomberg Business News NEW YORK International Business Machines Corp is winning over more money managers, who are encouraged by signs of the computer company's turnaround. IBM shares jumped 2 x h to 57V* on Monday, its highest price since Dec 15,
        Bloomberg Business News  -  286 words
      • COMPANY BRIEFS
        • Article
          Lock icon SET limits trade in One Holding
          96 26 Reuter BANGKOK The Stock Exchange of Thailand (SET) has restricted trade in shares of One Holding pic saying prices and volumes of the latex-thread producer has moved abnormally in recent sessions. SET officials tagged the firm with a "designated securities" sign, requiring investors to
          Reuter  -  96 words
        • Article
          Lock icon Singer Thailand's bond gets A rating
          73 26 Bloomberg Business News BANGKOK Singer Thailand Ltd on Monday received an A rating on its planned 300 million baht (SSIB.B million) bond issue from Thai Rating Information Services. The rating reflects Singer's position as the country's strongest hire-purchase business. Tris said. But the rating
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Accor in China Novotel venture
          74 26 AFP HONGKONG Accor Asia Pacific is to manage a Novotel hotel in north-eastern China's Shandong province under a US$3O million (SS4B million) joint venture with Chinese firms, the firm announced yesterday. Accor Asia Pacific's joint partners in the 300-room Novotel hotel project in Jinan, capital
          AFP  -  74 words
        • Article
          Lock icon Melbourne Ent's profit up 0.1pc
          57 26 Bloomberg Business News HONGKONG Property company Melbourne Enterprises Ltd said its net profit rose 0.1 per cent to HKS7B.4 million (5516.2 million) in the fiscal year ended Sep 30, from HKS7B.3 million in the previous term. The figures are after taxes and payment of minority
          Bloomberg Business News  -  57 words
      • Article
        Lock icon CRA invests abroad as Aussie govt votes on native land bill
        199 26 AFP SYDNEY Australian mining giant CRA is cutting investment in Australia and switching it overseas because of native land title legislation due to go before federal parliament's Upper House yesterday. The Native Title Bill, which aims to give land
        AFP  -  199 words
    • FINANCE & COMMODITIES
      • Article
        MAS outlines 'watchdog' role of an actuary
        413 27  -  By Soh Tiang Keng SINGAPORE The Monetary Authority of Singapore yesterday spelled out the role and obligations of a new class of actuary for the insurance industry. The so-called appointed actuary will have to report to the MAS if his company's management fails
        413 words
      • Article
        Lock icon Nuclear issue hurting S Korean bonds
        258 27 Bloomberg Business News NEW YORK Bonds sold by South Korean companies in the US are beginning to show the wear of tensions between North Korea and the US over North Korea's development of nuclear arms. Yields on US-dollar-denom-inated "Yankee bonds" issued by Korea Electric
        Bloomberg Business News  -  258 words
      • Article
        Lock icon Islamic bank backs university project
        182 27 Bernama KUALA LUMPUR Malaysia has received a total of U5513.79 million (5521.9 million) in the form of loans and grants from the Islamic Development Bank to finance the International Islamic University project. The Jeddah-based IDB said in its 1992-1993 annual report that the financing included
        Bernama  -  182 words
      • Article
        Three Chinese institutions upgraded to A3
        238 27 SINGAPORE US-based Moody's Investors Service has upgraded the long-term ratings of three Chinese financial institutions from BAAI to A3, affecting about US$4.B billion (557.6 billion) of debt. The institutions are the Bank of China. China International Trust and Investment Corporation and the People's Construction
        238 words
      • Article
        Lock icon Top HK affairs official to head Bank of China
        213 27 AFP HONGKONG One of China's top officials for Hongkong has been named head of the Bank of China. Wang Qiren, vice-director of the Chinese State Council's Hongkong and Macau Affairs Office, has been named to head the state-run Bank of China
        AFP  -  213 words
      • SMALL CHANGE
        • Article
          Thai-language news service set up
          77 27 SINGAPORE Reuters and the Thai Crown Property Bureau's International News Network have set up a Thai-language news service, mainly for corporate and brokerage clients in Thailand. The aim is to launch Siam Realtime Business News, as it will be known, next February. "It will bring
          77 words
        • Article
          Lock icon Japanese banks' lending rates rise
          92 27 Bloomberg Business News TOKYO Japanese banks' average interest rates both on long-term and short-term lending was 4.044 per cent in October, up 0.003 percentage points from September, the Sihon Keizai newspaper said, citing a report by the Bank of Japan. This is the first time
          Bloomberg Business News  -  92 words
        • Article
          Lock icon France Growth Fund: no dividend
          48 27 Bloomberg Business News NEW YORK France Growth Fund Inc said it will not declare a year-end dividend because of foreign-exchange losses. The mutual fund comprised of investments in French equity securities has paid a year-end dividend in each of the last three years.
          Bloomberg Business News  -  48 words
        • Article
          Lock icon Dai-Ichi Kangyo unit gets Fed okay
          60 27 Bloomberg Business News WASHINGTON A unit of Dai-Ichi Kangyo Bank of Japan, the world's largest bank, received Federal Reserve approval on Monday to trade in derivatives for its own account. The bank's unit, DKB Securities Corp of New York, will buy and sell for
          Bloomberg Business News  -  60 words
      • Article
        Lock icon Low prices for crude boost crack spreads and hedging
        431 28 Reuter SINGAPORE The recent slump in crude oil prices has prompted a sharp increase in crack spreads and long-term paper trades as refiners and end-users attempt to lock in attractive profits, industry sources said. "It has been increasing for some time
        Reuter  -  431 words
      • Article
        Lock icon Opec, Oman say they won't let oil prices fall further
        310 28 Reuter MUSCAT The president of the Organisation of Petroleum Exporting Countries and Oman's oil minister said on Monday Opec and non-Opec producers would not allow world oil prices to fall further. Both said they were discussing a formula proposed by
        Reuter  -  310 words
      • Article
        Lock icon Aussie commodities expected to shine
        241 28 AFP CANBERRA Australia will earn more money from commodity exports in the 12 months to June 30, 1994 despite falling world prices, a government forecaster said yesterday. Increased earnings from mineral exports would offset falling wool and grain prices, the Australian Bureau of Agricultural and
        AFP  -  241 words
      • Article
        Lock icon Australian sugar output likely to hit new record
        213 28 Reuter CANBERRA Australian raw sugar output is forecast to rise to 4.35 million tonnes in 1993-94 (July-June) from the record 4.26 million produced in 1992-93, the Australian Bureau of Agricultural and Resource Economics (Abare) said. The area of cane harvested in 1993-94
        Reuter  -  213 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        120 28 THE USS rose against the Deutschemark overnight on expectations of a surprise rate cut after Thursday's Bundesbank meeting. Movements were further exaggerated by a thin December market. The US$/S$ moved lower after attempts by local banks to support the market failed. The US$/M$ market saw
        120 words
      • Article
        Lock icon London
        184 28 Reuter LONDON The dollar continued firmer in late European trading with the antics of Vladimir Zhirinovsky, leader of Russia's Liberal Democratic Party, increasingly the main concern of forex market players. Mr Zhirinovsky that he would not hesitate to "create new Hiroshimas and Nagasakis" or a "Chernobyl in Germany". At
        Reuter  -  184 words
      • Article
        Lock icon Malaysia to join global cocoa agreement
        194 28 AFP KUALA LUMPUR Malaysia yesterday said it would join the 45-member International Cocoa Organisation (Icco) and sign a new five-year cocoa pact to stabilise prices. Primary Industries Minister Lim Keng Yaik said the cabinet decided last month that Malaysia should be a parly to
        AFP  -  194 words
      • Article, Illustration
        Untitled
        1465 28 I rade-wetghied index i-aicuJaied againsi S pore's lop 14 iradinx partners Base year 198J US$/S$ forward rates Noon Dec 14 By Offer 1-month 1.3926 1.5941 2-month 1.5922 1 5937 3-inon(h 1.5918 1.5933 6-month 1.5907 1.5927 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on Dac 14: Singapore
        1,465 words
      • Article
        Lock icon New York
        83 28 Reuter NEW YORK Unease over rising Russian radical nationalism and expectations of German rate cuts boosted the dollar by a pfennig on the US open. The dollar opened at 1.7160/70 marks, up from 1.7075/85 at Monday's close. After failing to gain new ground abose 1.7170 marks, it slipped
        Reuter  -  83 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen softer in thin trade
        1349 29 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended marginally softer, in extremely thin trade. "The yen-denominated contracts are pretty quiet today," said one dealer, adding however, that market players are poised to buy the contract up on any dip. June ended at 98.21
        Reuter  -  1,349 words
      • Article
        KL tin up on increased demand
        641 29 COMMODITY REPORTS Tin Tin closed 14 cents higher at MS 12.20 a tonne after a firmer London market overnight encouraged increased overseas demand. traders said. They noted an opening bid of 267 tonnes against ofTer of 76. Turnover was 133 tonnes, against 115 on
        641 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan's gold imports fall
          104 29 TOKYO Japan's customs-cleared gold imports fell in November to 13.38 tonnes, down 28.6 per cent from a year before, according to a preliminary report released by the Ministry of Finance. Nov gold imports were valued at U*****.89 million (*****.66 million), down 20.1 per cent from a
          104 words
        • Article
          Thai rice market firm
          91 29 BANGKOK Thai rice market was quiet but firm yesterday, and news Japan would gradually liberalise rice imports was expected to have only a long-term impact. Offers of top Thai grade 100 per cent B were holding steady at US$32O per tonne, unchanged from a week ago.
          91 words
        • Article
          Japanese wheat imports rise
          72 29 TOKYO Japan's customs-cleared imports of wheat rose 33.7 per cent from a year before to 507.942 tonnes in November, according to a preliminary report released yesterday by the Ministry of Finance. The value of the imports rose 36.1 per cent to U5596.4 million. Imports of com
          72 words
        • Article
          Aussie gold purchases higher
          90 29 SYDNEY Purchases of gold for jewellery fabrications are up about 5 per cent to a record 2,809 tonnes this year, according to the Australian government's commodity forecaster. Next year the annual growth rate should rise to 6 per cent, then 8 per cent in 1995 and
          90 words
    • Article
      COMMODITY PRICES
      1618 29 Rubber HAS Commodity Exchange (futures closing as at lp«) WSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest ***** OOO OOO ***** 375 350 Feb 0.00 0.00 132.00 375 4.325 Mar 133 00 133.00 133.50 100 6.925 Apr/Jun 135.50 135.25 135.50 1950 18,300
      1,618 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1288 30 -7.9 SHARES took a breather from their recent strong rallv to close lower, brokers said. Another record high on Wall Street and a rise in metals pric« gave the market some steam in early trade but it petered out after a sharp reversal in futures trading and a lack
        1,288 words
      • Article
        Manila
        624 30 +4.28 Share prices hit a record high but slipped at the close as prof-it-takers jumped into the market. brokers said. A USSI-7/8 rise in market leader Philippine Long Distance Telephone Co to USS66-1/8 on Wall Street and gold's rise spurred prices to dety traditional softness at this time of
        624 words
      • Article
        Seoul
        446 30 +7.17 A rally driven by blue-chip manufacturing shares recouped an early four-point loss stemming from consolidation, pushing the market up by the close, brokers said. The composite stock index stood 7.17 points higher at 857.20 after hitting a day low of 845.56. "Correction in blue-chip manufacturings is expected to
        446 words
      • Article
        New Zealand
        213 30 -18.58 The NZSE-40 capital index was at 2087.54. down 18.58 points. New Zealand Dec 14 NZ Vol ANZ Banking 6 00 unch ***** Advantages Hldga I 26 -0 01 ***** Air Ne» Zealand (A) J 25 -005 ***** Air Not Zealand IB) 4 40 unch ***** Baycorp 068
        213 words
      • Article
        Bombay
        121 30 Angry stock brokers boycotted India's four mam bourses yesterday to protest a ban on forward trading. Business ground to a halt on the Ahmedabad. Bombay. Calcutta and New Delhi stock exchanges. which account for 90 per cent of national transactions. as brokers staged a walkout over the ban on
        121 words
      • Article
        Taipei
        615 30 173.15 The Taiwan stock market's bull run continued, with the weighted index surging 3.5 per cent to close at a 21-month high and turnover ballooning to its heaviest level since April 1991. The index ended 173.15 up at 5,102.96. just off a day high of 5.103 and its highest
        615 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1007 30 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit MOO 38 6500 Mim Jeney Gik 0 1893 0 IW Mim Ma* Income *1 0800 *1 1200 I S$ ish Income Plus Fund .10.7600 113)00 PS S Reserve Fund 3.1200 5 I 300 Sterling Euro Performance 0 49M Far Eaa Fund
        1,007 words
      • Article
        London
        665 30 -6.7 UK shares spent most of the day drifting at higher levels but a late spate of futures selling dragged the market lower by the close, dealers said. Threats by Russian right-wing leader Vladimir Zhirinovsky to cause a nuclear disaster in Germany and Japan hit other European markets and
        665 words
      • Article
        Brussels
        149 30 -3.24 Belgian shares closed a seesaw session lower after the Russian right-wing leader's nuclear threats against Germany and Japan. The Bel-20 index, which opened 0.20 per cent lower and was up 0.20 per cent by mid-afternoon, closed 0.23 per cent or 3.24 points lower at 1.428.13. Volume was a
        149 words
      • Article
        Milan
        125 30 -0.10 Italian shares lost ground in the final minutes of trade on news that Mr Zhirinovsky threatened Germany and Japan. Volume was down on recent sessions with the December account closing today. On the bourse. Fiat continued its recent good form, rising 41 lire to 4,355. The Mibtel index
        125 words
      • Article
        Paris
        177 30 -39.81 French shares dropped sharply in late trade and ended nearly two per cent lower as investors sold index futures on worries in the wake of the Russian elections, dealers said. They said the slide, which began with small profit-taking ahead of an cxpcctcd Gatt accord today, snowballed after
        177 words
      • Article
        Stockholm
        107 30 -0.52 pc Swedish shares ended after Mr Zhirinovsky issued a nuclear threat to Germany and Japan. The OMX-index fell 0.51 per cent at 1054.27, the blue-chip Top-16 index 0.41 per cent to 1421.15 and the all-share index tumbled 0.52 per cent to 1333.21 in high turnover of 2.03 billion
        107 words
      • Article
        Amsterdam
        281 30 -3.36 Dutch shares slid to close at the day's lowest levels after early attempts to stage an advance petered out due to a lack of momentum. Wall Street's lower start and Frankfurt's losses in reaction to the nationalist victory in Russia's parliamentary' election further eroded an already weaker market
        281 words
      • Article
        Frankfurt
        180 30 -22.78 Cierman shares fell into a short-term correction, but this does not spoil the market's chance of seeing new highs by the year-end. dealers said. In yesterday's session profit-taking sent the key index sliding just after a brief boost follow ing an announcement that agreement had been reached in
        180 words
      • Article
        Zurich
        245 30 -4.20 A lack of buying interest led Swiss shares lower in afternoon trading after the market had ended the morning session firmer. Blue chips ended mostly lower. Swiss Re certificates added 12 francs to 730. while the bearer share eased two to 768. The SMI index of leading shares
        245 words
      • Article
        Toronto
        274 30 •10.30 Stocks fell early on a generally weak market led by tarnished gold issues and a metals and minerals index undermined by low commodity prices. The TSE 300 composite index fell 10.30 points to 4283.08 in early turnover of 12.1 million shares valued at CS 172.60 million. Declines led
        274 words
      • Article
        New York
        837 30 -14.25 The Dow Jones Industrial Average, which jumped 23.76 points to another record high 3764.43 on Monday. was down 14.25 points to 3750.18 around 12 pm EST. The New York Stock Exchange composite index was off 0.14 to 257.45. while Standard Poors 500-stock index was down 0.80 to
        837 words
    • Article, Illustration
      Lock icon HONGKONG
      3167 31 Reuter HONGKONG Stocks ended sharply lower on profit-taking but sporadicbargain hunting helped keep the key index above the 10.000 level, brokers said. The blue chip Hang Seng Index slumped 227.11 points, or 2.22 per cent, to close the day at 10,021.48. after hitting a low of 9.992.39 in the
      Reuter; Source: Bridge Info  -  3,167 words
    • Article, Illustration
      CHINA
      488 31 THE Shanghai B market remained quiet yesterday. The CLSA B Index was up 24.06 points at 999.92. The three biggest gainers. Outer Gaoqiao. Jinqiao, and Dazhong. breached their year-high by rising 18.6 per cent, 15 per cent and 11.1 per cent respectively. In Shenzhen, the CLSA B Index was
      488 words
    • Article, Illustration
      Lock icon TOKYO
      2429 31 Reuter. UPI TOKYO Stocks ended lower after a quiet day with investors waiting for incentives such as pump-priming measures. Investors took a breather after three days of gains, although sentiment seemed supported on buying of selected issues with good business prospects, brokers said. The Nikkei average closed at 17,308.73,
      Reuter.; UPI; Source: Bridge Info  -  2,429 words
    • Article, Illustration
      Lock icon BANGKOK
      1885 31 Reuter BANGKOK Investors dumped shares to cash in profits as the Thai market moved sideways, brokers said. They said investors sold yesterday partly because Thai stocks failed to sustain at the 1.500-point level on Monday. The SET index dropped 2.18 points to close at 1.482.99 on a robust turnover
      Reuter; Source: Bridge Info  -  1,885 words
    • Article, Illustration
      Lock icon JAKARTA
      1149 31 Reuter JAKARTA Stocks closed higher in brisk trading on local support, brokers said. "It seems to be an upbeat mood on the local side while foreign buying remained selective." said a foreign broker. The official index advanced 8.15 points to 536.08. lIM Sampoema rose 800 rupiah to 11.300 on
      Reuter; Source: Bridge Info  -  1,149 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2869 32 Source: Bridge Info Source: Bridge Info (»r Irf IW1 |»i Nol l>a> (art <>»»r U4» Dw >M N*l M Cip High Lo» ompant Srie (XWO) High Urn Bu>er Seller CV H P/t Smil MALAYSIAN STOCKS .,0 it) 1 X1SB 5UC -Wed -I 24 206 202 202 205 50
      Source: Bridge Info  -  2,869 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index touches new high on selective buying
        5992 32 Bernama KUALA LUMPUR Selective buying of blue chips pushed the KLSE Composite Index to a new closing high for the third straight trading day yesterday, despite an easier finish in the broader market. The 85-stock weighted index set a new closing record of
        Bernama; Source: Bridge Info  -  5,992 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7273 33 MAIN BOARD Transaction date: Dec 14 IW] Ust Vol D«y UK QJ"*' Y 1J v? M /Ml High Low Comp.il> S.k (DOO) High Low Bayer SrtWf Cn P/E INDUSTRIAL AND COMMERCIAL 1400 260 I Acma 1320 -20 158 1380 1300 1320 1330 12.5 2.1 0 9 57.1 W 310 220
        7,273 words
      • Article, Illustration
        Lock icon Market hits another high after initial caution
        1783 34  -  By R Sivanithy SINGAPORE Investors turned cautious yesterday, sending share prices lower, although a late burst of interest in blue chips pushed the Straits Times Industrials Index to its fourth successive record high. From the start of trading, dealers reported a strong preference
        Source: Bridge Info  -  1,783 words
      • Article, Illustration
        Lock icon Hai Sun Hup
        147 34  -  HOT STOCK By Paul Leo HAI Sun Hup has been trading within a right-angjed triangle, formed by joining the peaks and troughs, since late May but will break the pattern in the next few weeks. Support is very strong at $2.03. Volume has not increased significantly, even
        Source: Bridgeinfo  -  147 words
  • Page 23 Advertisements
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      79 23 I *1 €111 Rolex presents witA in concert with the SINGAPORE SYMPHONY ORCHESTRA conducted by STEPHEN BARLOW Singapore Indoor Stadium Sunday 30th January 1994 B.oopm Tickets: $50, $90, $150 and $220 TICKETS ON SALE NOW at all SISTIC outlets: Forum The Shopping Mall. Scotts Shopping Centre, Raffles City Shopping Centre.
      79 words
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      162 24 BUSINESS TIMES/ANNE KLEIN FEMALE EXECUTIVE WORKWEAR PROMOTION If you think of Business Times as a boring financial paper, you must be one of those who equates power dressing with stuffy suits and severe skirts. Here's a chance for you to change your thinking on both counts. Read the Business Times
      162 words
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      Page 24 Advertisements Column 2
      335 24 HANDBOOK FOR A STOCK V INVESTORS By GOH KHENG CHUAN First published Nov 1993 The aim of this NEW Handbook is to provide novice and seasoned investors with the essential knowledge and techniques to make better decisions in stocks and shares investment. In addition, this book offers you a 5
      335 words
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      208 25 iUkM AVaVa I TOpfl atavata 9 SScvSS VaVAVAV E3 Wp? EXECUTIVE Vjjr A V 1 Ail I A Manchester 3 University ki f Business of Wales, Bangor if] M School g in finance and financial Management that uses distance learning to allow you to study part-time with U minimum disruption
      208 words
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      Page 25 Advertisements Column 2
      82 25 it m f -J* 1 1 0 I V BP -SfesjßPir i''' 'I- <v *:^*>#*- •I > the ring <te ring o 1 >- > PiageT MAITREJOAILLIER A GENEVE PIAGET Singapore Pte Lid, Boutique and Service Centre: *01-01 Mandarin Shopping Arcade. The Mandarin Singapore, 333 Orchard Road. Singapore 092j. Tel:
      82 words
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      228 26 A STUDY 0N... 400 PROMINENT INDONESIAN BUSINESSMEN 1993/94 n This new publication, also known as The Prominent 1993 94. is published and researched by PT CISI Raya Utama. Indonesia s leading Group of companies in the field of credit information services. The study contains the profiles of 400 leading national
      228 words
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      21 27 The world is not a safe place. Thanks to over 250,000 National Servicemen, operationally ready 24 hours a day, Singapore is.
      21 words
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      Page 27 Advertisements Column 2
      45 27 16% YIELD PER ANNUM Adelaide, South Australia Bank guaranteed return for 3 years Development potential A 56.5 million Finonce available (T A P.) For more information, contact lan RossSmith on 738-9060 or fax 738-9448. PACVEST PROPERTY SERVICES 302 Orchard Rood, #07-01 Tong Building, Singapore 0923.
      45 words
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      Page 28 Advertisements Column 1
      340 28 HSKCON'Q4 March 2*3,1994 Raffles City Convention Centre, Singapore The only Southeast Asian exhibition and technical conference devoted exclusively to the disk drive manufacturing industry returns on March 2-3. Don't miss this opportunity to see a broad range of U.S. and Asian companies exhibiting products and services designed specifically for the
      340 words
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      165 29 Some people have pens. rare few own an heirloom. K Af jtr Company lore has it that The Paragon was actually named by an englishman! Jf great connoisseur of art, luxury objects and especially fountain pens, the gentleman had an immediate love affair withJJrmando Simoni's 12-faceted creation With his expert
      165 words
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      Page 29 Advertisements Column 2
      27 29 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead S3" VP offer* Bp the n*®* II
      27 words
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      50 32 THE FIRST REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. m CITIBANK® IHI CREDIT LYONNAIS Call CitiPhone Banking 1800) 225-5225 Nor Just Banking Citibanking
      50 words
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      35 33 I HOME RENOVATION? We'll break down the walls. PERSONAL Standard Chartered FINANCING I r Call 24 hours a day for shares to buy, coming issues results of your share application. Cost 50 cents per minute
      35 words
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      769 34 BUSINESS TIMES TOLL-FREE TEL. No. 1-BQO-741-1 SB3 IA X 741-1298 I la the Matter of the Coapaaiea Act, Cap. M And to the Matter af Mclntoafc larotMl (Stagaparcl I halted (la Meat ben' Voluntary Wladlaf L>) Notice is hereby given, punuant lo Section 308 of the Compaate* Act, Cap SO.
      769 words
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      Page 34 Advertisements Column 2
      245 34 Personal Finance and Investment, every Saturday in Executive Lifestyle THE COMPANIES ACT, CAP. SO STRATTON INVESTMENT PTE LTD (la Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company held on the Bth day of December 1993, the following Special Rcaolntioii wns paaaed WINDING-UP it waa rootvedTHAT the Company
      245 words
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  • Shipping Times
    • Article, Illustration
      TSA to raise freight rates, terminal handling charges
      365 35  -  By Dexter Lee SINGAPORE Member carriers of the Transpacific Stabilisation Agreement (TSA) will raise freight rates and terminal handling charges next year. Shippers will have to pay USS22S (SS36O) more for each 40-ft container shipped to the US from Asian countries except
      365 words
    • Article
      Lock icon Poor response to maritime show of Lima '93
      332 35 MBT KUALA LUMPUR The maritime show of the Langkawi International Maritime and Aerospace exhibition 1993 (Lima '93) could have attracted more local participants if they had been charged lower rates than those for foreign exhibitors. Orient Wave director Abang Ismawi Ali said
      MBT  -  332 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1134 35 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 16 5 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 ASXCL Shpg 15 2 Avant
      1,134 words
    • Article
      Lock icon Cuba launches cruise line
      572 35 Ship's casino opens only outside Cuban waters Reuter HAVANA Cuba, which banished gambling tables with its revolution 35 years ago. is launching cruise ship holidays this week with entertainment facilities that include a casino open only outside Cuban waters. Officials stress there has been no change
      Reuter  -  572 words
    • Article
      Lock icon M'sian agent offers services to Russian ports
      316 35 MBT KUALA LUMPUR A Malaysian shipping agcncy. Handling System Co Sdn Bhd, is offering exporters and importers access to non-traditional markets, especially to Eastern Russia, the Danube river ports and ports in the Black Sea. Handling System marketing manager Johnny Koh said the
      MBT  -  316 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        473 36 Vtttd Voy No B«rt> fcrtwi Ptpyturt VwI Voy No Bw» Vrhil Dqwtun Jurone Port Trms Trader 69* P02 alongside 15.12/0600 Bona Star 111 alongside 1512/0600 runcheng 75W P01 alongside 15.12/1500 Dwi Guna 12/02/93 J5 alongside 15.12/2300 Ms Express 1968 P07 14.12/1400 15.12/0200 H Prosperity 1388 160/93 13
        473 words
      • Article
        CONTAINER SCHEDULES
        1406 36 RECEIVING OF EXPORT FCL CONTAINERS ANO LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booting/Balance Rstts SMp Voy No Etb/Btr Pariod From To From ;*aswr 0%A 15/1500 1 14/1500 14/1659 14/1900 •Da wil 0288 17/0300 i 14/1500 14/1659 14/1900 2 14/1700 15/0659 15/0900 4 15/1200
        1,406 words
    • Article
      THE SHIPPING GUIDE
      8425 44 This is a list of ships loading at 1 Singapore for ports around the I 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
      8,425 words
    • Article
      DAILY FREIGHTS
      1530 51 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,234 on Monday from 1.237 on Dec 10. It has so far been a slow start to the week on the freight market, with brokers suggesting the pre-Christmas slowdown has now begun. Although rates for Atlantic
      1,530 words
    • Article, Illustration
      Canada woos shipping companies to its shores
      855 52  -  Jean Castonguay explains the latest tax incentives to attract shipping businesses Jean Castonguay The writer is a partner of Marler, Sproule, Castonguay based in Montreal, Canada KEEN TO LURE foreign shipping firms and to create shipping industry jobs, Canada now excludes from its
      855 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon China may stop foreign carmakers from entering
        575 54 Bloomberg Business News HONGKONG In a bid to protect its fledgling car industry, China may slam the brakes on any new investment from foreign carmakers coming into China until 1996. While that's great news for foreign carmakers already in China such as Germany's
        Bloomberg Business News  -  575 words
      • Article, Illustration
        Lock icon Test run
        36 54 Reuter COQL ELLES, France Technicians demonstrating the loading and unloading of cars in the "Shuttle" wagon on Monday, five months before the first passenger train is scheduled to travel under the British Channel. Renter
        Reuter  -  36 words
      • Article
        Lock icon Buyout talks on United Airlines continue
        192 54 Bloomberg Business News NEW YORK United Airlines negotiators and representatives from two unions continue their talks on the possibility of a buyout amid signs that a third union may join. The weekend sessions were described as "truly exhausting" by Roger Hall, chairman of the
        Bloomberg Business News  -  192 words
      • Article, Illustration
        Lock icon Air France offers workers equity for salary cuts
        438 54 Bloomberg Business News PARIS Air France yesterday offered employees equity stakes in return for salary cuts which they rejected three months ago. The employees went on a strike at the time which shut down the airline and forced the resignation of the
        Bloomberg Business News  -  438 words
      • LOG BOOK
        • Article
          Lock icon IDB's ship-to-shore credit card calls
          87 54 Bloomberg Business News LOS ANGELES IDB Mobile Communications Inc has announced it will provide telecommunications services that will enable crew members on ships to make automatic ship-to-shore credit card phone calls for the first time. IDB Mobile is a joint venture of IDB Communications Group
          Bloomberg Business News  -  87 words
        • Article
          BA to ban smoking on 2 S'pore legs
          81 54 SINGAPORE British Airways will ban smoking on its Singa> pore-London and Singapore-Australia flights from Jan 1. The carrier said the ban was in response to regular feedback from customers who said they preferred a smoke-free environment on long-haul flights. British Airways sales
          81 words
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          GM road safety drive in China
          88 54 SINGAPORE General Motors Asia has launched a year-long road safety campaign in Beijing to support the Chinese government's efforts in raising safety awareness. The campaign kicked oflf with the message that seat belts are a vital safety measure to reinforce the Chinese government's new
          88 words
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          Ben Line to handle cable-laying vessel
          65 54 SINGAPORE BT Marine, a unit of British Telecom, has appointed Ben Line Agencies to handle its cable-laying vessel, CS Alert. The vessel will be based in Singapore from early next year, BT Marine is involved in the planning, installation and maintenance of submarine cable
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          Lock icon Southwest says no ceiling on deal
          90 54 Reuter DALLAS Southwest Airlines said yesterday its agreement to acquire Morris Air by the end of the year does not include any ceiling or floor on the value of the stock when the deal closes. The transaction is expected to be completed by Dec
          Reuter  -  90 words
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          Sulzer, Goltens re-engine ship
          49 54 SINGAPORE New Sulzer Diesel Singapore, together with Goltens Singapore, has completed the re-engining of a 420-TEU (20-foot equivalent unit) container ship, owned by Tanto Intim Line of Indonesia. Goltens installed .the Sulzer engine on the 14-year-old Lumoso in under three months from order to commissioning.
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        Lock icon 2nd-qtr earnings at Fedex jump 69pc
        343 54 Bloomberg Business News MEMPHIS, Tennessee Federal Express Corp on Monday said fiscal second-quarter earnings soared 69 per cent, as the company's international business posted its first-ever quarterly profit. The Memphis. Tennesseebased air freight service concern earned U5559.7 million (5595.5 million), or US$l.O7 a share,
        Bloomberg Business News  -  343 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1783 54 ■TfJ™ ETA F%M ETD Hm SQ227 2030 Amsterdam KL831 1030 SQ324 2230 GA895 1450 KL832 2335 Athens SQ347 1730 NZ21 1710 NZ22 1840 SQ285 2045 CSTBI GF148 0650 B Sen Begawan BI421 1105 SQ182 0915 SQ181 1410 B1422 1205 BI429 2030 BI430 2125 Bangkok SQ69 1145
        1,783 words
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        Lock icon US carriers interested in Argentine airline
        408 54 Bloomberg Business News BUENOS AIRES A number of US airlines are interested in taking a stake in the troubled Argentine carrier Aerolineas Argentinas (AA), US ambassador to Argentina James Cheek said. "There are North American companies which are interested in injecting capital into Aerolineas,"
        Bloomberg Business News  -  408 words
  • Page 35 Advertisements
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      14 35 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Canada woos shipping firms, Page 18
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      Page 35 Advertisements Column 2
      21 35 China may bar foreign carmakers, Back Page Um« aid mtvlcm rtfrmitid by ss#£issis«s® For advertising inquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 35 Advertisements Column 3
      441 35 VISA FREIGHT SERVICES PTE LTD 1 THE TOTAL TRANSPORTATION PEOPLE j "2 1800 *****66 SHIP WITH US AND GO AWAY Keep shipping your export c ,Milton International Singapore LCL cargo with BCS and you with complimentary breakfasts. up away on FREQUENT SHIPPERS' CLUB holidays at our expense. To qualify, all
      441 words
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      431 36 TSKLINE AGENCIES (S) PTE. LTD. T WZ w "TjkTp Tel: 226-3363 nPW J. «3«JV« I lIMr Fax: 226-1972/3 j Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N I wnam m, m m Hpi w< ip„ re jn m m m **Z3 ACX VKUtT 0288 13.12 15.12 14.12 17.12
      431 words
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      Page 36 Advertisements Column 2
      1094 36 <^** CT TO CX J J ron f t Ct L^| W l —2fc——n jeu& Jtt»fl am i<x\m.~*jmL CMiromM iupitia (9 IS-Kl2 11 o*r $1 n I 41 «i si si si ocunusqsma »3is« kl2 mi; 11 11| M| 11 111 m 111 11 »i utlfOMM nMSUS II *****2 II
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      2037 37 A IUIVO) VV VUUVOUWJ www /\/y*i lei DTP LTD JARDINE SHIPPING AGENCIES JARDINC SHIPPING AGENCIES SON. INO. pil 391 SHIPPING AGENCIES PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T *****3/4^^M2 2^ l FS TEL *****6 H. BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL. *****3/41 M 2708
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      Page 37 Advertisements Column 2
      1844 37 uamsmißm FREMANTLE, PERTH IN JUST 6 DAYS KLANG REEFER V.9359 ETA SIN 19/12/93 VMMI Voy ETA ETO FmUm by S LOT. »L-ron DESTINATIONS IT* m» nik mathiloe maersk V 9402 cy 21/12 osoo hrs HMMMMMMMMMMR CfS 20/12 2360 HRS JOH LPK PEN OAK LGB SfO MEM ATL MM CHS BAI
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      1537 38 aqaba r dam/ le also accepting from VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A WERP HAVRE WEST MALAYSIA THAMES 20/149 15/12 2/1 5/1 4/1 Poft Ke4ang, Penang KAI 05/349 18/12 27/12 2/1 5/1 8/1 10/1 12/1 Pasir Gudanfl LA SEINE 33/150 22/12 8/1 11/1 9" EAST MALAYSIA
      1,537 words
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      Page 38 Advertisements Column 2
      573 38 CZSZEffiB FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea t Vietnam Mongolia t Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN NED EUROPA
      573 words
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      Page 38 Advertisements Column 3
      909 38 NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING IQ LA SPEZIA. FOS. BARCELONA. VALENCIA S PORE 6EHERAL AGERT: NORASIA A6ENCIES (S) PTE LTD IMJP MCOTfK LCI 10c TIL: *****83 FAX: *****90 MMt/IMDVE/flKnt/ALEMMKM/fOIT THAILAND AGENT P9 AGENCIES CO LTD TEL: *****88/90 SA®/HMBB/W4iTTI/B«CELOHA ft VALENCIA INDONESIA AGENT :PT HALUAN SELATAN NUBANTARA TEL: *****70
      909 words
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      1708 39 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific unc ™$Su (A 3ERV)CE 0F CHINA NAVIQATK3N CO) cow" DUE SAIS STRAITS VENTURE V3IE Muni. Life. KK 15-16 Dm 17 Dk II On FC I LCI COMTAMEM and MCAKBULK
      1,708 words
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      Page 39 Advertisements Column 2
      1384 39 m SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd 1 ijt\ W m illlll /II 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 Te); 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 v CR Number: **********0Z EXPORT JMPQRT VttML VOY -PMO -PKO «N UG KM IWT HOT
      1,384 words
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      Page 40 Advertisements Column 1
      557 40 m m r GENERAL AQENT C B NO *****81-***** EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYAKMAH TWADt MfllH HAHPfHQHK/PfttCT MAMOJ HQ cm MlWh CITY mknwt we nwra—nTHa/wim KELVIN CHAW ?1««t HtTO'lM 1 TO MYANMAR/YANGON BCMI COMTAMEH SERVICE M OCEANLIWES «l VQT UW6OW STORE
      557 words
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      Page 40 Advertisements Column 2
      1674 40 OHANJIN SHIPPING ill BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I SALES TEL:- *****21-233 DOCUMENT JE L j *****7 1 5 I rna u« rju imk uui StA YVR POX TOR *S. SM LN HAUL SA* 1M NTC I HANJM OAKLAND 0241 17/12 MttCT 6/1 7/1 »/> HMW OAK LAW) 0241
      1,674 words
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      Page 40 Advertisements Column 3
      1253 40 T7 d■l rl Im w i« m u( ns Riananomam wrc ud wn m n» w is m I L CMVTM 043 H/12 A/12 27/12 M/ 12 VI VI t/1 VI 9/1 10/1 21/1 1/2 «/2 J/2 IV2 14/2 17/2 11/2 19/2 1/2 11/1 IVI IVI (.GAJMK4I7 21/12 71/12 VI
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      Page 41 Advertisements Column 1
      1940 41 PLEASE CALL HI I ~-> II NEPTUNELINK (1800 *****00 TOLL-FREE) II H FOR THE FOLLOWING INFORMATION: HI II SSZ II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ II I3S II FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ II Xr AVAILABILITY OF DOCUMENTS FOR COLLECTION HI II *M Connecting Map tune Cyprine 62E In W6 08/OVM
      1,940 words
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      Page 41 Advertisements Column 2
      1085 41 W SINGAPORE SOVIET SHIPPING CO PRIVATE LTD At— CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 MStOk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 CI IVI Cn\/ AGENTS: KL: 03-*****75/697 PKLG: *****43/
      1,085 words
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      1466 42 44 AS AGENTS: "R" LINE (SINGAPORE) PTE LTD (CH No: T**********H) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I TVi MALAYSIA: "R" LINE MARITME (MALAYSIA) SON BHD U 4 M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAAANA LAUTINTERNUSA. TEL: JKT *****08 jjspoET
      1,466 words
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      Page 42 Advertisements Column 2
      1011 42 PHILI-Oni€NT LINGS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 i A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 16 DEC SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 25 DEC AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 30 DEC
      1,011 words
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      1030 43 PACIFIC INTERNATIONAL LINES (PTE) 11 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO: **********0E ■'Miiiiviit-iiiiTiiTiiaiii-M tnaan VESSEL VOY SIN BKK SIN VMjWL VOY SIN SINO MARINE 26N 16/12 21/12 2S/12 TERATAI 3613 21/12 24/12 26/12 I I KOTA MELATI (BMT) KMLI7N 16/12 21/12 25/12 EQUATOR RUBY
      1,030 words
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      Page 43 Advertisements Column 2
      1369 43 mi yot store haaburg rotteroam Antwerp Thames u hark IC'F DE MM »um 15/12 Q» 01 10/01 M/ 0] !2/01 W* l HUM MACEDOMA 0431W 22/12 1» 01 20/01 2 01 2?/>1 ?</lt WLLE D AQURA 7531W 21/12 21 0' 24/01 ?5 0' 27/ 01 01 Will 01 TUCANA »531W
      1,369 words
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      Page 43 Advertisements Column 3
      407 43 JB S A 4 HHA MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen PGdf EMUI VI2IN In Port PA-AN VI9SW 23/26 Dec A6AN ****** 4/ 7 lan MALAYSIA AGENTS: OOUSTEAD SHPPWG AGENCES KUI Til 03-*****00 PKL TU 03 3MC7S7 PEN: TU 04-41(135
      407 words
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      Page 46 Advertisements Column 1
      2610 46 Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Gnan Skipping Sdn Bhd Chung (Mac Skipping Sdn BM P.T. Global Petri Indonesia Maritime Costar Shipping Pte Ltd Skjpmg Froigkt Oootiag Cootre sat BM 51 Ptrsiorm I«j Mods Nm Lot 3.34, 3ri Floor, JL It. N. Juudt 111/23
      2,610 words
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      Page 47 Advertisements Column 1
      644 47 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 20/12 ROTTERDAM 20/12 AARHUS/COPENHAGEN 20/12 HAMBURG/BREMEN 20/12 MARSEILLE/FRANCE 217E FELIXSTOWE/UK 20/12 BARCELONA/SPAIN 16/12 LEHAVRE/FRANCE 18/12 GENOA/ITALY ***** ANTWERP/BELGIUM 20/12 LOS ANGELES/WC/IPI 19/12 SYDNEY/MELBOURNE 16/12 NEW YORK/EC 17/12 FREMANTLE/ADELAIDE 17/12 VANCOUVER 17/12 BRISBANE 22/12
      644 words
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      Page 47 Advertisements Column 2
      1030 47 *m*»*~-*™~ rrr—r rOY jnn 1 iVI lI I >i VESSEL *HI I* *1 VEBBEL VOY SIH PEN 4 WAN* BHUM MM Wd m W tot It/11 S AKA BHUM 11SN B*l I It/12 Mon 20/12 B VESSEL VOY MM I BKK 11 I CHAIYA BHUM 30$ Fri 17/12 Ty 21/12
      1,030 words
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      Page 47 Advertisements Column 3
      221 47 Guaranteed Sailings to.- S BANGKOK *LAEM CHABANG JAKARTA PORT KELAN(| •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATION^ FW TEL: *****33 (12 UnM) K FAX: *****15/*****03 mj TELEX: R8 ***** RISHIP (3 Lines) m ETHIOPIAN SHIPPING LINES (National Ltnes
      221 words
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      Page 47 Advertisements Column 4
      351 47 pi DONGNAMA LlNl| Ktna r« f« M PR IK TUSBAS V3I2N IS/12 11/12 21/12 31/12 2/1 SMOMCTUOO VMM 23/12 25/12 20/12 27/12 7/1 »/t HONEKORsaarr nm 31/12 1/1 3/1 u/i wL HRELJR *307* 1/1 1/1 J/1 11/1 21/1 23/fr VESSEL SK KT J~SP6 W6 TOR OSK BSK> HAMM POHANG 15/12
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      Page 48 Advertisements Column 1
      1641 48 *A*MN CONTAINER LINES I pNS/vHAgenU: MAC-NELB SPORE: *****22 (24 LINES) KZJ\S 'c/R No: U*****0000E SIBU (064) *****9 KUCHING (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 16/12 17/12
      1,641 words
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      Page 48 Advertisements Column 2
      185 48 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD 111 CIA IT* STOK rati KEIMK PtNMK BIU JMH 28 12 loading lot Mile RUVM HUDHU 28 12 Discharging an<J loading lof Bombay DOIPMH PORT Loading Fo( Malf ETO 20 12 rmii sum* port SMiD Loading Foe Mak UMMEEDH 20/12 Loadmg fot
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      Page 48 Advertisements Column 3
      1031 48 r jl thong soon unes pte ltd i' I /W\ 78 SHENTOH WAY #10-01, SINGAPORE 0207 I I Vy V/ TEL: 227-5088 FAX: 227-6011 I SINGAPORE TO SARAWAK VESSEL VOY SPORE DKt" VESSEL IvOY STOIe"" PEST EQUATOR ROYAL 92/3E 15 DEC KUCHING EQUATOR GRACE 107/3E 17 DEC SIBU J EQUATOR
      1,031 words
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      Page 49 Advertisements Column 1
      753 49 WgV'EVERETT ORIENT LINE" JAP AM/BAY OF BENGAL/JAPAN SERVICE ACQTTM6 KMUK/SOC CANOR TO/fROM KOK. YOKOHAMA, MfiOTA. MM, TOKYO*. IMNLA*. o***o*. Pwani* f. Ktimt Sinfipori EHai* SHAPLAEVERETT VISE 20/21 Dtc 22/23 Doc IWVERETT V7E 19/20 JAR RARABKVERETT VISE 25/26 Jan 27/21 lan ACCEPTM6 NEAUUU/FCL/SOC CAMOH TO/FROM CWTTAGOM, CW.CUTT* MB MONGL** Snfipart P.
      753 words
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      Page 49 Advertisements Column 2
      342 49 S cioiY mrwAnm cumin REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PH6 KAO TIBER TRADER 15/12 18/12 26/12 TUBER GLORY 15/12 27/12 SP PKL HCM HK KAO GLORY SELATAN VM 20/12 22/12 29/12 *ALSO LOADING IN
      342 words
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      Page 49 Advertisements Column 3
      536 49 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE »Ot SM KARACHI boiar im-hw nm o«/oi HYDOIABAD 12S-HW 11/01 20/01 MWOOHII IMHW 23/01 01/02 HASHAR 10S-HW 01/02 10/07 FAR CAST CONTAINER SERVICE ONLY VCSgL VOY ISB HK6 |BSR Ipsa Iras Iron SARCOOHA 137-OW 21/12 2S/12 30/12 OS/01 KAfiHAR 105-0W 30/12
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      Page 49 Advertisements Column 4
      562 49 H FORTNIGHTLY DIRECT CONTAINER SERVICE R SIN TO DURBAN/ P. ELIZABETH I vessel. SIN DURBAN P ELIZABETH I I HUAQINGHC V4S/49 19/12 06/01 00/Ol I FEN HE/33 04/01 20/01 23/01 I HUA LI ME/47 IS/Ol o+/02 07/02 I ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN I BOOKING AGENT FOR COSCO
      562 words
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      Page 49 Advertisements Column 5
      262 49 SIN FM EAST 21/12 KEELUNG/KAOHSIUNG 19/12 BANGKOK 19/12 MANILA/CEBU 19/12 JAKARTA/BELAWAN/SURABAYA 19/12 PORT KELANG/PENANG/E MALAYSIA 19/12 BUSAN 19/12 TOKYO/YOKO/KOBE/NGO/OSA 19/12 HONG KONG SjN CHINA 19/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 20/12 LDN/FLX/LVP/SOU 20/12 RDM HAM ANT LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. si USA/CANADA
      262 words
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      Page 50 Advertisements Column 1
      781 50 HONG KONG/CHINA 19/12 JAKARTA 19/12 BANGKOK 19/12 MANILA 19/12 BUSAN 19/12 KEELUNG 19/12 TOKYO/KOBE 20/12 KAOSHIUN6 21/12 POUT KELAMG/PENAN6 20/12 YOKOHAMA 19/12 COLOMBO 23/12 FELIXSTOWE/HAMBURG 19/12 CHITTA6ONG/MAORAS 23/12 ROTTERDAM/LE HARVE/ANTWERP 19/12 BOMBAY/KARACHI BARCELONA. MARSEILLES. 6ENOA 19/12 lax/nyg 19/12 sydney/melbourne 16/12 CMT LINER EXPRESS AGENCIES PTE LTD ffSUn I HOT-LINE 22-007-22
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      Page 50 Advertisements Column 2
      317 50 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25TH DECEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENAN6 17 DEC JAKARTA 19 DEC HONGKONG 19 DEC BANGKOK 18 DEC FREMANTLE 29 DEC MELBOURNE 23 DEC SYDNEY 23 DEC ADELAIDE 18 DEC 18 DEC I •ACCEPTING TO ALL SCANDINAVIA PORTS TEL:
      317 words
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      Page 50 Advertisements Column 3
      476 50 This Week's Sailings Singapore I FIRST FORWARDER IN To: ETD To: ETD asia awarded Singapore Singapore ,so 9002 BVI R Q A FVFRY FVFRY Bangkok SUN Jakarta SUN {jb. FVFRY FVERY I k M\ Manila SUN Ho Chi Minh FRI /6\ 1 VVI I MHB I EVERY EVERY Colombo TUE
      476 words
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      Page 50 Advertisements Column 4
      172 50 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L BANGI, SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every
      172 words
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      Page 51 Advertisements Column 1
      1195 51 f JWFSTT CRYSTAL FREIGHT SERVICES PTE LTD TA B TEL NO: *****88/*****88 4|b. FAX« *****88 MUU.MBIB —W 10/19 AUCKLAND 24/12 ANTWERP 20/12 BMQiM >0/19 ADELAIDE 23/12 FELIXSTOWE 18/12 wntftKONft 17/19 BRISBANE 30/12 HAMBURG 20/12 I4KABTA 91/19 FREMANTLE 17/12 ROTTERDAM 20/12 SURABAYA 21/12 MELBOURNE 23/12 KEELUNG lo«i SYDNEY 23/12 KAOHSIUNG 17/12
      1,195 words
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      Page 51 Advertisements Column 2
      196 51 3J GINZA ORIENT SHIPPING CO, SA. (GOSCO LINE) VESSEL VOY SM YANGON GINZA ORIENT 04/N I*2o DEC 20-24 DEC Q. STAR OS/N 20-25 DEC 25 30 DEC FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER DCEPSEA SERVICE VESSEL VOY SM ANTWERP TBN 01/N 10 15 DEC S-IO iAN BGA/ST KTDBSUK (IDMHUID)/MOSCOW
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      Page 51 Advertisements Column 3
      258 51 LINE SEMI-CONTAINERISED SERVICE ;j EASTBOUND SCHEDULE N0.19 j «ms vov mm mowtewco! dursam Jakarta Thmanm Iho* nonsl kaoosmma Yokohama] WMBi W 11 1 ofio—irr bm iauo »ab.et> wi.ii) imo sakeo saiep sailed PWOZEWK gx>4 MUP IMUB lAUD I*ll/12 21/12 2S/12 DO PUSAM PAVUMMIAO mi lAUD EAIFT? 22/12 OS-10/01 0&-01/01 11/01
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  • Page 51 Miscellaneous
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      Page 51 Miscellaneous Column 1
      177 51 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 IMO 1900 2000 2100 2200 2300 II 2.6 2.7 2.6 2.3 1.1 1.4 1.2 12 1.4 1.9 M 3i 14 U U U I.C 1J 0
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      Page 51 Miscellaneous Column 2
      140 51 IPS 10^ LEGEND: R Thunderstorm Temperature c X\ J. s^ ower Weather —S Wod <irection with speed m knots V V. Wove height Cloudy Sky Swrfoce wwxh ore mdicoted by arrows which Hy with the wind o tu« circle represents calm or bght ond variable wnds 1 One half Heche
      140 words
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      Page 52 Advertisements Column 1
      723 52 I VIGOUR PACIFIC LINES NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 33N8 17 12/93 25/12/93 VIGOUR PACIFIC 33ANB 20/12 93 25/12/93 c»i?!°!!Si E S!M VIGOUR SINGAPORE 69N8 24 12 93 1/1/94 WMIWWWI gg WW p Q RT ftEHVIfcE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SWGAPORE VIGOUR
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      Page 52 Advertisements Column 2
      280 52 APPENSHIP (x£\ 17\J HAMBURG U\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSfIS LOAMNG PORTS DISCHARGE/IOAONG FOB VASILIY KOVAL PORT SAID 19.11.93 SPORE 14/12 BKK 18/12 FORUM AKASAKA ANTWERP 05.11.93 SPORE 16/12 HARMONY SEA 13.11 93 SPORE 20/12 KOALA CONTAINER LINE STORE FIX HAM
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      Page 52 Advertisements Column 3
      423 52 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CftA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpci/GuangitKxj COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTMENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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  • Page 53 Advertisements
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      Page 53 Advertisements Column 1
      913 53 £k HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS WY PNA WE I PGP VESSELS VOV ISK RTM ANT« LEH* HAM ME) EEL HMM ADVANCE 033 A 13/12 14/12 16/12 H. COMMANDO 307* 20/12 07/01 07/01 01/01 09/01 OS/01 11/01 NOR MALACCA 9351 A 20/12 21/12
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      Page 53 Advertisements Column 2
      464 53 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nsui w we u Ctt*C TIAMI 42 21/12 27/12 Mil 24 Ul PT HAL AM II HI SEM 4REBM 12 «/l cosac HUTU V 2« 2/1 TMM M 21/12 EASTEKI FE4RL *21 1/1 1/1 REBMM V 24 25/12 21/12
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      Page 53 Advertisements Column 3
      872 53 JEDDAH/UK/CONTTNENT I STORE lED S'TON HWK ITMM L£H *Mm Cjrp fw KM 05/349 11/12 27/12 5/1 1/1 11/1 12/1 TiiMihrMii :toM UK Ontmbon Mot and Dubfa LA SHE 33/151 22/12 1/1 11/1 11/1 R*l«*m :to M Antwwp. fcwlortan Oth. HM* HOECHIT EXPRESS 12/350 25/12 1/1 11/1 14/1 16/1 18/1 :toM
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