The Business Times, 24 December 1993

Microfilm: NL18968
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday December 24 1993 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 4.7 points
      50 1 Reuter NEW YORK Wall Street stocks rose yesterday, mostly due to a lack of sellers as investors got ready for the long Christmas holiday weekend. The Dow Jones industrial average was up 4.75 points at 3.766.94 at lpm EST on trading of 144 million shares.
      Reuter  -  50 words
    • Article
      Lock icon US loosens ban on investment in Vietnam
      72 1 AP WASHINGTON The US Treasury Department issued regulations yesterday implementing President Bill Clinton's decision to permit American businesses to take part in internationally-funded development projects in Vietnam. The regulations allow US businesses to provide goods and services in connection with projects that have
      AP  -  72 words
  • Article, Illustration
    MARKET SUMMARY
    119 1 Stock market indices Ihgrvlit Chang* ST11 2.298.61 +24.66 KLSE Composite .1 152.24 +30 86 Nikkei closed Hang Seng 10 881.2 +173.24 SET Index 1 543.52 +19.77 Jakarta Composite ...557.34 +7.27 CLSA China B 1.347.28 +36.12 Aust All Ord 2.068.8 +15.6 F ISE 100 3.396.5 +40 8 I hursda>
    119 words
  • Article, Illustration
    S'pore CableVision, Telecom to launch cable TV from '95
    744 1  -  By Lee Han Shih SINGAPORE Singapore will be wired up for cable television from early 1995, with Singapore Cable Vision (SCV) and newly-listed Singapore Telecom playing the major roles. Announcing this at SCV's annual dinner last night. Information Minister Brig-Gen George
    744 words
  • Article, Illustration
    Lock icon Former Aussie beer baron on theft rap
    373 1 Reuter. AFP MELBOURNE Former high-flying Australian beer baron John Elliott and two of his former executives were charged with the theft of A 566.5 million (Ss72 million) in the Melbourne Magistrate's Court yesterday. Elliott sat with arms crossed and expressionless as the prosecutor
    Reuter.; AFP  -  373 words
  • Article, Illustration
    Economist magazine picks Lee as one of its good gurus
    501 1  -  By Chuang Peck Ming SINGAPORE Senior Minister Lee Kuan Yew is one of 17 famous people chosen by The Economist magazine for its so-called Good Guru Guide. According to the Britishbased weekly magazine, which published the guide in its year-end
    501 words
  • Article
    Bullish mood sweeps five regional bourses to new highs
    302 1  -  By R Sivanithy SINGAPORE Bullish investors yesterday stormed the region's stock markets, lifting the five major bourses to all-time highs. In Singapore, a relatively quiet institutional presence and increased retail participation sent the Straits Times Industrials Index soaring 24.66 points, or
    302 words
  • Article
    Lock icon Footsie roars to new record
    87 1 Reuter LONDON UK share prices roared unabated to another record close yesterday and looked set to touch 3,400 as the traditional pre-Christmas race for profits forced traders to scramble for stock. "It's just a terrible squeeze. There are a couple of brokers out there talking
    Reuter  -  87 words
  • Article
    Growth stocks of the world
    72 1 Despite a worldwide recession. it's been a champagne year for global stock markets. Investors have diverted billions of dollars into equities because of their attractive returns compared to falling interest rates on deposits. Will this trend continue in 1994? Tomorrow, BT's Personal Finance and Investment
    72 words
  • Article
    Lock icon US Treasury Secretary makes bid to talk down dollar
    280 1 Reuter WASHINGTON United States Treasury Secretary Lloyd Bentsen has taken action to nip a nascent rise of the US dollar against the yen in the bud with a subtle statement that sent ripples through the currency market. In a statement on
    Reuter  -  280 words
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      8 1 Advertising <£ Marketing Pg 9 Ferragamo eyes Asian markets
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      12 1 Hock Lock Siew: p* 13 M 2 Role model for Berjayv&yitrcent Tan >
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      111 1 j The Bottom Line: Pk 12 yrroblems over Palestinian self-rule EBusiness Times will be published and available on Christmas Day tomorrow. Subscribers may expect their copy to be delivered as usual. Offices which are closed should get their copy on Monday. For assistance, call our toll-free Customer Relations line 1800-*****77
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      24 1 s*«fwt i-jr' Tony Shoes Trading Co. 3 mm| Rud ***** kvng M Bh% Sivwn 1336. Tel: *****57 *****77 Fax: *****21 Full reports. Pages 18-22
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      17 1 The Kuala Lumpur Stock Exchange trades full day today. Get BT on Saturday for the closing prices
      17 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon CPI rises 2.7pc in Nov
        347 2  -  By Ven Sreenivasan THE consumer price index rose 2.7 per cent in November over the corresponding month last year, bringing the overall inflation rate for the first 11 months of the year to 2.4 per cent. Inflation began creeping up in the second half of
        Source: Dept of Statistics  -  347 words
    • Article, Illustration
      Output of precision engineering industry set to rise 8-12pc: EDB
      389 2  -  By Corinne Kerk OUTPUT and value-added of Singapore's precision engineering industry are expected to grow by 8 to 12 per cent next year, says the Economic Development Board. This follows an increase of 10 per cent this year to $7.3
      389 words
    • Article, Illustration
      Integral Peripherals to raise US$9m to fund expansion
      308 2  -  By Joseph Rajendran AMERICAN disk drive maker Integral Peripherals expeets to raise US$9 million (Ssl4 million) through a syndicated loan next week. The US company, which makes all its drives in Singapore, says the loan ceiling has been raised three times because
      308 words
    • Article
      ASM Technology's output up 150pc to US$20m this year
      269 2 LEADING integrated system and materials supplier ASM Technology boosted output by 150 per cent to US$2O million (SS32 million) this year. ASM Technology is part of ASM Pacific Technology (ASMPT). which is listed in Hongkong. ASMPT in turn is 51 per
      269 words
    • NEWS ROUNDUP
      • Article
        Evening ALS lifted today
        70 2 EVENING restrictions on motorists under the Area Licensing Scheme (ALS) will be lifted today, the eve of Christmas, and on Dec 31, New Year's Eve. This means that there will be no ALS between 4.30 pm and 6.30 pm on both days. But the morning ALS
        70 words
      • Article
        15 malaria cases since Dec 13
        129 2 FIFTEEN cases of malaria have been reported to the Ministry of the Environment since Dec 13. The people infected are suspected to have caught the disease in the East Coast Park area. Currently, only two cases are under hospital treatment. The ministry announced yesterday
        129 words
      • Article
        SSC approves funds from Spex 2000
        120 2 THE Singapore Sports Council (SSC) has approved a sum of more than $640,000 from Spex (Sports Excellence) 2000 funds to be used for overseas competition and training. The funds are for Singapore athletes preparing for the Victoria Commonwealth Games and Hiroshima Asian Games, both
        120 words
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      160 2 Q OMEGA The sign of excellence. KID'S STORY Bedtime stories day or night! Call 24 hours a day for fascinating stories. -Z- Cost: 30 cents per minute ll* ■> i ii ff :£J.\ s I jl E ]j i H Lease a Waterside apartment; get a 'Country Club' and the
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      103 2 When in the PHILIPPINES... Get The Straits Times, Lianhe Zaobao Business Times from the following hotels: mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm fife/7 Manila Hotel fa*,. Sundowner Centerpoint k Hyatt Regency Manila Swagman Hotel /g Hotel Nikko Manila Garden > 1 Shangri-La Hotel M Mandarin Oriental Manila i IV S m Manila Peninsula Hotel Manila
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      87 2 Trends ISEHS A monthly publication of the Institute of Southeast Asian Studies This month's Trends, to be published with tomorrow's Business Times, features eight articles: For a communitarian democracy in Singapore A wake up call for Asian media Riding with Japan's cultural blitz An army of foreign investors in Vietnam
      87 words
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  • THE REGION
    • Article
      Lock icon Domestic demand will fuel E Asian growth: economists
      504 3 IHT Si NGAPORE Recession in Japan and uncertainty about the future of China are unlikely to dim growth prospects in 1994 for East Asia, where expansion is being largely driven by domestic demand, economists say. But as North-east Asia slows, the focus
      IHT  -  504 words
    • Article
      Lock icon Taiwan blames China but calls for more talks
      313 3 Reuter TAIPEI Taiwan blamed China yesterday for the failure of their most recent talks but immediately called for a fourth round of negotiations in Beijing next month. The cabinet's Mainland Affairs Council, which sets policy towards China, said Chinese negotiators had ignored
      Reuter  -  313 words
    • Article
      Lock icon Viet PM vows govt shake-up if graft level does not abate
      203 3 AFP, Reuter HANOI Vietnamese Prime Minister Vo Van Kiet has promised a government shake-up if corruption persists at its present alarming levels, it was reported yesterday. The English language Saigon Newsreader said Mr Kiet made the pledge to the
      AFP,; Reuter  -  203 words
    • Article, Illustration
      Lock icon No getting away from Xmas rush
      47 3 Reuter MANILA Filipinos jamming a street lined with market stalls yesterday in a frenzy of Christmas shopping, causing massive traffic jams in the city. The market stalls were set up under a light railway network in the Baclaran market district. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Malaysia's focus on manufacturing paying handsome dividends
      468 3 Bernama KUALA LUMPUR Malaysia's emphasis on the manufacturing sector as its "engine of growth" a little over a decade ago has paid handsome dividends. The record speaks for itself. Today, the manufacturing sector accounts for 30.1 per cent of Malaysia's gross domestic product,
      Bernama  -  468 words
    • Article
      Lock icon More fabrication deals go to local yards in M'sia
      481 3 Bernama KUALA LUMPUR A total of M 53.7 billion (Ss2„3 billion) worth of fabrication contracts have been awarded to local fabrication yards since 1985 compared to contracts worth Ms6oo million awarded to foreign yards. Minister in the Prime Minister's Department Syed
      Bernama  -  481 words
    • ASIA NOTES
      • Article
        Lock icon S Korean traders to up sales in 1994
        126 3 Reuter SEOUL South Korea's top trading companies said they planned to increase their sales at home and abroad by 7 to 25 per cent next year. Company officials said sales would rise steadily OTr the back of economic recovery in both domestic
        Reuter  -  126 words
      • Article
        Lock icon More spending in new Tokyo package
        79 3 AP TOKYO In its latest attempt to prop up the economy, the government plans another boost to public works spending of up to 4 trillion yen (5557.3 billion), a newspaper reported yesterday. The Nikkei, a major financial daily, said the allocation would be part
        AP  -  79 words
      • Article
        Lock icon Beijing sacks aviation chief
        82 3 Reuter BEIJING China sacked its civil aviation chief yesterday following a year of air disasters and mounting concern that poor supervision was eroding passenger safety. Jiang Zhuping, director of the Civil Aviation Administration of China, was demoted to deputy director and replaced by Chen Guangyi, the
        Reuter  -  82 words
      • Article
        Lock icon Chinese trade centre for Indonesia
        84 3 China Daily BEIJING China and Indonesia plan to build a trade centre in Indonesia to boost Chinese exports there. China hopes the facility will improve the after-sales servicc of China's machinery and electronic products, said Liu Shanzai. assistant minister of foreign trade and economic cooperation.
        China Daily  -  84 words
      • Article
        Lock icon Megawati forms new PDI exec board
        104 3 AFP JAKARTA The daughter of founding president Sukarno.' Megawati Sukarnoputri Kicmas. strengthened her position as newly-clcctcd chairman of the Indonesian Party .of Democracy, (PDI) as neutrals dominated the executive board formed yesterday. "These days that I have (j u *t) gone through, were really
        AFP  -  104 words
    • Article
      Lock icon Beijing rules out more talks with Britain on HK
      276 3 Bloomberg Business News, Reuter BEIJING China's Foreign Ministry spokesman Wu Jianmin said yesterday that Hongkong Governor Chris Patten should harbour no doubt that talks between China and Britain on the colony's political future have broken down. Mr Patten has called for
      Bloomberg Business News,; Reuter  -  276 words
    • Article
      Lock icon KL Supreme Court says Mitsubishi can reopen chemical plant
      302 3 Reuter KUALA LUMPUR Malaysia's Supreme Court yesterday overturned a lower court order closing a chemical plant partly owned by Japan's Mitsubishi Kasei Corp over fears it was improperly handling radioactive waste. Asia Rare Earth, 35 per cent owned by Mitsubishi Kasei
      Reuter  -  302 words
    • Article
      Lock icon Aussie cabinet reshuffle gives economic reformers more clout
      409 4 Reuter CANBERRA Economic reformers tightened their grip on Australia's Labor government yesterday in a ministerial reshuffle announced by Prime Minister Paul Keating. Finance Minister Ralph Willis became Treasurer, Australia's chief economic minister. as Mr Keating shared promotions among his party's reformist right
      Reuter  -  409 words
    • Article
      Lock icon Japan's crime rate hits postwar high
      270 4 Bernama-Kyodo, AFP TOKYO The number of reported crimes this year will hit a postwar high of 1.79 million nationwide, according to a national police agency report released yesterday. By the end of November, 1.650,592 crimes had been reported. up 3.2 per cent from the
      Bernama-Kyodo,; AFP  -  270 words
    • Article
      Lock icon China arrests top provincial official in anti-graft drive
      246 4 AFP HONGKONG A top police official in southwestern Guizhou province has been arrested as part of China's anticorruption drive, press reports said yesterday. Guo Zhengmin. director of Guizhou's public security department. and a member of the party's provincial committee, was arrested on
      AFP  -  246 words
    • Article, Illustration
      Lock icon Emperor Akihito turns 60
      47 4 Reuter TOKYO Japanese Emperor Akihito, with Empress Michiko on his side, reciprocating to thousands of well-wishers, who turned out to celebrate the monarch's 60th birthday, at the Imperial Palace in Tokyo yesterday. The crowd greeted the emperor with the "Rising Sun" flags. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Beijing begins building huge new suburb
      173 4 Reuter BEIJING China is building a huge suburban estate outside Beijing that will house 300.000 residents when it is completed in 2000. The China Daily newspaper said yesterday the project was part of a nationwide campaign to solve by the turn of the century
      Reuter  -  173 words
    • Article
      Lock icon Liquidator appointed for former Bond Corp
      360 4 Reuter ADELAIDE The end of Australian entrepreneur Alan Bond's former global empire under a pile of debt came closer yesterday when a court appointed a liquidator for the successor to Bond Corp Holdings Ltd. Accountancy firm Emst Young said the Supreme Court of South
      Reuter  -  360 words
    • Article
      Lock icon China and Russia to set up joint free trade zone
      272 4 AP BEIJING China and Russia said on Wednesday they were discussing setting up a joint free-trade zone spanning their shared border in the far east. The proposal reflects the growth of border trade between the two countries, which has made
      AP  -  272 words
    • Article
      Lock icon Fewer Hongkongers seeking to emigrate
      596 4 AFP HONGKONG Britain's passport give-away for Hongkongcrs fearful about life after 1997 goes into its final phase in the new year, amid signs that the urge to emigrate is starting to wane. Nearly 67.000 have become full British citizens under the British Nationality Selection Scheme,
      AFP  -  596 words
    • Article
      Lock icon HK plan to cut plot ratio may affect land values
      129 4 Bloomberg Business News HONGKONG Government plans to reduce the density of commercial buildings in crowded areas of Hongkong could reduce land values, a real estate broker warned. The government intends to reduce the land plot ratios which control the amount
      Bloomberg Business News  -  129 words
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      102 3 b|SING the a P I CIJi xis k'™** l s 'B n P° sts I qT C 2 the directions you can m lO cn^iancc your business 1 Indonesia one economies OYES I would like to subscibe lo Economic Business Review Indonesia lor 3 months at 552/- (please pay before
      102 words
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  • THE WORLD
    • Article
      Lock icon A year of industrial shake-out in Germany
      535 5 AFP BONN The year 1993 has been that of the great industrial shake-out in Germany, the year the economic crisis finally arrived in earnest for Europe's traditional manufacturing and trading giant. Official unemployment reached 3.56 million toward the end of the year, which
      AFP  -  535 words
    • Article
      Lock icon Yeltsin may play Zhirinovsky card at CIS summit
      385 5 Reuter MOSCOW Russian President Boris Yeltsin headed for a summit with other Commonwealth of Independent States leaders yesterday secure in the knowledge that he can use his election sctback to his advantage. Mr Yeltsin leaves for Ashgabat, Turkmeniya, for a CIS summit
      Reuter  -  385 words
    • Article
      Lock icon US may need to rewrite regulatory policies on cable industry
      264 5 Reuter WASHINGTON The Federal Communieations Commission stirred up a hornet's nest this year when it took on the cable industry and laid the groundwork for a new era of wireless technology, but 1994 may prove even more nettlesome. For starters,
      Reuter  -  264 words
    • Article, Illustration
      Lock icon All set for Times Square light-up
      37 5 Reuter NEW YORK Billy Schlechtweg of the Artkraft Strauss company checking the bulbs on the Times Square on Wednesday for the annual ball drop in New York City next week. Reuter
      Reuter  -  37 words
    • Article
      Lock icon South African MPs vote to end white minority rule
      511 5 FT CAPE TOWN The South African Parliament yesterday voted formally to end three centuries of white minority rule, adopting a non-racial constitution despite opposition from black and white rightwing groups. Cries of "traitor" broke out from the parliamentary seats of the
      FT  -  511 words
    • WORLD WATCH
      • Article
        Lock icon World Bank HQ project to cost more
        118 5 AP WASHINGTON A nine-year building project at World Bank headquarters will cost US$lO3 million (SSI64 million) more than planned, according to a preliminary report made available on Wednesday. It blamed the overrun on mistaken estimates going back to 1989. some unauthorised refitting, failed
        AP  -  118 words
      • Article
        Lock icon Israel to buy coal from China
        114 5 AFP JERUSALEM Israel will buy coal for power generation from China over five years at a cost of USS2.S million (553.97 million) to US$5 million a year, said Boaz Laor. director general of the Israeli coal company. Mr Laor said the two countries signed
        AFP  -  114 words
      • Article
        Lock icon Giscard rebukes two ministers
        78 5 Reuter PARIS France's former president Valcry Giscard d'Estaing publicly rebuked two government ministers from his party on Wednesday for urging Prime Minister Edouard Balladur to stand in 1995 presidential elections. Health Minister Simone Veil and Defence Minister Francois Leotard, both of Giscard d'Estaing's Union for French
        Reuter  -  78 words
      • Article
        Lock icon New heart device found to be more effective
        117 5 Reuter BOSTON A USS2OO (SS3IB) device that looks a lot like a toilet plunger is twice as effective at reviving people whose hearts have stopped than conventional cardiopulmonary resuscitation (CPR), a new study concluded. The study said tests of the device which
        Reuter  -  117 words
    • Article
      Lock icon Britain to have highest European growth rate this year: Major
      276 5 Reuter LONDON Britain will have the highest growth rate in Europe this year and is set for a long period of stable growth and low inflation. Prime Minister John Major said in an interview published yesterday. Eager to shake off
      Reuter  -  276 words
    • Article, Illustration
      Lock icon Allegations unlikely to have lasting effect on Clinton
      374 5 Reuter WASHINGTON New sex scandal allegations could slow Bill Clinton's agenda and aggravate voters' doubts about his character and credibility but appear unlikely to have a big or lasting impact on his presidency, analysts say. However, they caution that there are elements
      Reuter  -  374 words
    • Article
      Lock icon New York businessman launches toys-for-guns programme
      386 5 Reuter NEW YORK In a sign of how many children have become involved in gun violence, a New York businessman is offering toys to people who hand in their guns. While many cities have some type of gun buyback programme, this is the first
      Reuter  -  386 words
    • Article
      Lock icon Iran's oil earnings unlikely to meet target
      256 5 Reuter TEHERAN Iran expects to earn USSI2 billion (SSI9 billion) from oil exports in the year to March 20. 1994. some USSS billion short of its target, a senior parliament deputy was quoted as saying on Wednesday. The figure, given by Mohammad Reza
      Reuter  -  256 words
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      Page 6 Advertisements Column 1
      861 6 Nothing Beals A Bud- lIMf Of 1 Alan Ng. food writer of Lianhe Zaobao,"lt's a high tea of distinct difference from those we had tried locally." Why go Penang? Princess Terrace Cafe introduces Penang High Tea with favourites like Penang Laksa, Fried Kway Teow, Bubur Hitam, Hokkien Mee and more.
      861 words
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      Page 6 Advertisements Column 2
      222 6 WHERE TO WINE, DINE AND ENTERTAIN I lirisimas is AlrrrvyC Jo -Round /n»nS9S-*-*ftr2per.uMu* f (Wwtion -jflS Children'.* Cbri*lnuu*Day f wMfil PWr^BV* SUV J (child) i Family Pucknifc: Plaza Hotel $65.00** (2adult.* c> 2 children) Mr*fcNikklS«nc4jorrM7l9lH ?9M»II j J I Irresistible Authentic!^/ Economical Set Meals d#*[ Company Private Fret-flow of soft
      222 words
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      Page 6 Advertisements Column 3
      465 6 Delectable Yong Dou-Fu Buffet at Chatterbox every Saturday and Sunday. 12.30 pm to 5 pat $14.50 per peraon $8.50+ per child (below 10 yre) Mezzdnrie Sumptaou* Continental It Local Afternoon Tea spread at Mezzanine Lounge. Daily. 2 pm to t pat $16.00 per peraon $10.00++ per child (below 10 yrm)
      465 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Christmas cards 150 years old and going strong
      733 7  -  Graham Heathcote looks at how the Christmas card came into being Graham Heathcote AP Henry Cole found himself too busy in November 1843 to write the traditional Christmas greetings to his family circle in London. So he asked a friend, artist John
      AP  -  733 words
    • Article, Illustration
      Lock icon Spielberg's Holocaust film wins 6 Globe nominations
      510 7 CHATTERBOX AP AP AP NYT RENOWNED American film director Steven Spielberg won six Golden Globe nominations for Schindler's List, his stark depiction of the Holocaust. Spielberg's film tied for most nominations on Wednesday with the Australian-made The Piano. The nominees for best motion
      AP; NYT  -  510 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      307 7 jdwv posters Hu®uH O/de English Eating House 277 Orchard Rd #02-38 Specialists Centre 5(0923) I—l Specialized In steaks, farmhouse fare, devonshire cream tea. (Good restaurant guide award winner) DEVONSHIRE CREAM TEA (Served from 3pm 6pm) Oven hot scones with butter, sandwiches, cake and pastry with a pot of tea or
      307 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      1173 7 TV RADIO tra and the Gumpolds Sam Elliot and Rebecca Harrell star in tonight's Christmas Children's Choir. fantasy Prancer, 10.30pm, SBC 5 cop-jo 7.00 That Moment in Time (C). 1.30 Scenic America. 8.00 News at Eight (C). 2.00 Documentary Nature 7.30 PM Fashion Television. 830 Variety Tonight (Stereo, Watch 8.00
      1,173 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon New York signs deal to keep US Open
        133 8 Reuter NEW YORK New York City and the United States Tennis Association signed a deal on Tuesday on a USSIBO million (SS2B6 million) expansion package to ensure the US Open remain in the city. New York's tennis-loving mayor. David Dinkins. signed the
        Reuter  -  133 words
      • Article, Illustration
        Lock icon Superwoman of Super-G
        30 8 Reuter FLACHAU, Austria Katja Koren from Slovenia on her winning run at the women's Super-G on Wednesday. Koren won the race in a time of 1:15:62. Reuter
        Reuter  -  30 words
      • Article
        Lock icon Holyfleld-Lewis clash scrapped
        140 8 Reuter NEW YORK Plans to put Evander Holyfield into the ring against Lennox Lewis this spring to unify the world heavyweight championship have been scrapped, said promoter Dan Duva. who on Wednesday blasted the International Boxing Federation for blocking the fight. The IBF refused to sanction a
        Reuter  -  140 words
      • Article
        Lock icon Olympics rowing to be in Lake Lanier
        129 8 AP ATLANTA The rowing and canoeing competition at the 1996 Olympics will be held at Lake Lanier in northeast Georgia instead of in the Atlanta suburb of Rockdale County, organisers of the Games said on Wednesday. The Atlanta Committee for the Olympic Games
        AP  -  129 words
      • Article
        Lock icon Off-spinner Patel sidelined for 3 weeks
        87 8 AP AUCKLAND, New Zealand New Zealand ofT-spinner Dipak Patel will be sidelined for three weeks after undergoing a knee operation, officials said yesterday. Patel will miss the second half of the triangular World Series cricket tournament between New Zealand, Australia and South Africa, which
        AP  -  87 words
      • Article
        Lock icon Sanders highest-paid running back
        126 8 AP DETROIT Barry Sanders of the Detroit Lions became the highest paid running back in the NFL on Wednesday when he signed a four-year deal that one of his agents said will pay him an average of USS4.3 million (SS6.B million) per year. That puts Sanders,
        AP  -  126 words
    • Article
      Lock icon Becker believes doping widespread in tennis
      187 8 AP FRANKFURT. Germany Tennis players are taking drugs and tennis authorities are hiding the fact, says three-time Wimbledon champion Boris Becker. The tennis season is so long and gruelling that many players need drugs to get through it. Becker said in the Christmas issue
      AP  -  187 words
    • Article
      Lock icon Tabarly flies out to quell French revolution
      336 8 MP PARIS Eric Tabarly, France's most famous yachtsman. is to come out of retirement to quell a mutiny in the Whitbread round-the-world race. The 62-year-old double winner of the Atlantic singlehanded race has been asked by the French Post Office to take over
      MP  -  336 words
    • Article, Illustration
      Lock icon Joyous US golf season tinged with sadness as year ends
      703 8 Coif AP NEW YORK What was a season of triumph for Americans in 1993 turned melancholy with late year death and disease. Instead of Americans hailing their men's sweep of all three international team competitions, the golf world mourned the
      AP  -  703 words
    • Article, Illustration
      Lock icon Pippen leads Chicago to victory
      410 8 AFP Reuter CHICAGO Scottie Pippen scored 26 points and Toni Kukoc added 21 to lead the Bulls to their Nth victory in 12 games, a 106-98 triumph o\er the Minnesota Timberwolves on Wednesday. Isaiah Rider led Minnesota with 25 points and Christian Laettner contributed 21.
      AFP; Reuter  -  410 words
    • Article
      Lock icon What's in a name? Not good old sports traditions
      548 8  -  By Stuart Elliott NYT NEW YORK Imagine someday reading this in the sports seetion: In baseball, the Atlanta Cokes beat the St Louis Budweisers. 6-4. The Chicago Tribunes defeated the Philadelphia Cream Cheeses. 7-3. And the Minnesota Cheerios shut out the
      NYT  -  548 words
    • Article
      Lock icon Japan's Yakushiji wins WBC bantamweight crown
      152 8 AP NAGOYA. Japan Japanese challenger Yasuei Yakushiji yesterday scored a split decision over South Korean champion Byun Jung II to capture the World Boxing Council bantamweight title. There were no knockdowns in the 12-rounder at Aichi Prefectural Gymnasium in central Japan. Mexican judge Alberto
      AP  -  152 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        191 8 Reuter Reuter NK.W NOKk Results of Kami's pLi Mil on W ciinesda). Atlanta 108 Boston 103. Miami 98 Philadelphia 90; Chicago 106 Minnesota 98: Milwaukee Dallas 86: LA Clippers 109 Washington 92. Standings on Wednesday (tabulate under won. lost, percentage and games behind) Lastern Conference, Atlantic Division: New York
        Reuter  -  191 words
      • Article, Illustration
        Lock icon Ice hockey
        231 8 Reuter Reuter NKW YORK Results of games plated on Wednesday Florida 3 NY Rangers 2: Hartford 6 New Jersey 3: NY Islanders 5 Montreal 3: Toronto 2 San Jose 2: Edmonton 7 Calgary 3: Dallas 3 Anaheim 2 (OT) Reuter Standings on Wednesday (W, L. T. GF. GA.
        Reuter  -  231 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Ferragamo to focus on Asian markets
      622 9  -  Abdul Hadhi talks to the man in charge of the fashion group's Asian interests Abdul Hadhi TO take advantage of the economic boom in Asia, Italian fashion house Salvatore Ferragamo is planning to make it big in the region. "Turnover from Asia has reached
      622 words
    • Article, Illustration
      Lock icon But can it be seen from the moon?
      70 9 Reuter LAS VEGAS The Las Vegas Hilton is finishing construction of the world's largest and tallest freestanding marquee in the world. The sign is 110 m tall and 58 Jm wide, with a total of 77,000 incandescent lamps in the sign bearing
      Reuter  -  70 words
    • Article
      Lock icon The scent of a winner
      575 9  -  Tis the season that makes or breaks fragrance companies, reports Anne-Marie Schiro Anne-Marie Schiro NYT THE scenario goes like this: thousands of lastminute shoppers rush to fragrance counters and snap up bottles of perfume and aftershave for everyone on their lists. That's the vision dancing
      NYT  -  575 words
    • Article
      Revamped Bozell nets $6m billings
      467 9  -  by Sanjay Monsanto The writer is a freelancer who contributes to BT LOCAL advertising agency Bozell seems to be back on track after a management reshuffle, announcing six accounts which will boost its billings by more than $6 million. This will bring total billings to
      467 words
    • Article, Illustration
      Govt urged to help ad industry penetrate China market
      374 9  -  By Corinne Kerk THE fact that there are vast opportunities for creative work in China is tempting to advertising agencies, especially with recent reports of soaring advertising expenditure there. But according to Paul Tan, a local Chinese creative director, the government
      374 words
    • COPY LINES
      • Article
        BSB enjoys fruitful year
        104 9 SINGAPORE BSB Singapore is ending the year well. It has its highest billings ever and has won more creative awards for business-building work than in any previous year of its 40-year history. The agency picked up new business from the Ministry of Defence and Lane Crawford,
        104 words
      • Article, Illustration
        New BMW 316i to hit the roads soon
        66 9 SINGAPORE There's going to be a new car in town. Come early next year, German maker BMW will introduce a fourth variant to its BMW 3 series. The latest addition is 4.2 metres long, has two doors and a large hatchback. The
        66 words
      • Article
        Mabel Koh back with Leo Burnett
        108 9 SINGAPORE Leo Burnett has hired Mabel Koh as account director. She will be assigned to the Standard Chartered Bank account. Ms Koh returns to Leo Burnett after a three-year stint as regional marketing communication manager for Hewlett Packard. "She comes with a wealth of
        108 words
      • Article
        Risis to launch Golden Dog
        77 9 SINGAPORE Risis. a local maker of original jewellery and gifts, will launch the Risis Golden Dog to commemorate the Lunar New Year 1994. which is the Year of the Dog. The Golden Dog. which will come in either gold plate or pure gold, is part
        77 words
  • Page 9 Advertisements
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  • Article
    Crucial agenda ahead for Willis
    506 10 EDITORIAL THE ministerial reshuffle announced yesterday by Australian Prime Minister Paul Keating and the appointment of former Finance Minister Ralph Willis as Treasurer and chief economics minister seems to have reassured the markets. Mr Willis is the man investors had been expecting. Last week, when
    506 words
  • WHAT THE OTHERS SAY
    • Article
      Duty beckons those who can
      300 10 IT IS A trenchant comment on politics as a career in Singapore that people judged to have the qualities for a Cabinet minister have to be persuaded to run for Parliament. Prime Minister Goh Chok Tong has remarked that it is harder to get the
      300 words
    • Article
      Tough getting capable leaders
      119 10 MANY Singaporeans would agree with Mr Goh or his predecessor, Mr Lee, that getting capable men to lead Singapore is not easy. We have men of ministerial calibre but they prefer to be in the private sector. Persuading them to join public service is the job
      119 words
    • Article
      Urgency of political succession
      170 10 EVEN IF some among the present group of MPs are good enough to become ministers, for some reasons, they may not have been selected, or may have turned down the invitation, to join the Cabinet in the recent reshuffle. The Cabinet may only be strengthened after
      170 words
    • Article
      Drug raid a welcome action
      136 10 THAILAND and other countries have a direct interest in Burmese attacks on drugs warlord Khun Sa and his base. The Shan rebel leader pours heroin out of Burma into all neighbouring nations first of all Thailand and throughout much of the world. For many years,
      136 words
    • Article
      Make the civil service better
      188 10 WE INHERITED our bureaucratic system from the British. Now it is to become an integral part of Malaysia Incorporated and expectations are climbing. By now most of the civil servants will have received their bonuses or annual incentives, which amount to a halfmonth's salary, with
      188 words
    • Article
      Policy of openness stays
      166 10 THE INITIAL CONCERN that the gate of openness would be shut temporarily following President Suharto's stern warning the other day that certain elements in society have used communist techniques in forwarding their demands now seems to be groundless. The Armed Forces (Abri) spokesman, BG Syarwan Hamid
      166 words
  • Article, Illustration
    Assault on the temple of America's monetary gurus
    1154 10 The Economist wonders if the US Congress can realistically expect the Federal Reserve to be efficient, as well as accountable to it HIS splendid asI social ion of fa- voured individ- uals. invested with exemptions and surrounded by immunities..." So Henry Clay
    1,154 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      636 10 BUSINESS TIMES TOLL—FREE TEL. No. 1-800-741-ISB3 IA X :741-1298 IN THE MATTER OF THE COMPANIES ACT. CAE. 59 SINGAPORE PETROL DEALERS' ENTERPRISE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) Al an extraordinary general meeting of the company held at 6-A Loroag 7 Geylang Road. Singapore 14)9 cm 22 December 199) die following
      636 words
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      Page 10 Advertisements Column 2
      357 10 METRO HOLDINGS LIMITED (InayponM m t* Republic al Smgapore) LOST SHARE CERTIFICATES Tl* Mkwwg stare certificate been reported tat or destroyed CttiNcOiNna MfcjnM Slac«««$1 M mc* *****3/94 Jamler Yeo Cheng Hoon 2« 1.000 NOTICE IS HEREIY GIVEN (tot tf wlhsn fourteen (14) days tram the dale hereof no dm or
      357 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      108 10 I don't Jurop To collusions sotng. of tme>o will Be. the. cxrgTmpvS oo>jes... Tvney i txrcr lpO"pl cgpu>p 7 SHOPfeRS!.... I HF\D\ RE. CHR>sTroPg>SvJCPPeKS. J \C^ TO STfM*D PkLLTWe f AtSOCIATIO "fWAHHI I.TO. IMMMI «K DOONESBURY GARRY TRUDEAU I POtfT GET BECAUSE I THINK TTS BECAUSE IT'S A GREEK I
      108 words
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  • ANALYSIS
    • Article, Illustration
      Beholding an economic vision for Cambodia
      1811 11  -  Cambodia's Second Prime Minister Hun Sen talks to Harish Mehta about his country's economy, the improved investment climate, and fly-by-night businessmen Harish Mehta Hun Sen, the 42-year-old Cambodian leader has travelled a long way on a rocky road: from being foreign minister of the
      1,811 words
    • Article, Illustration
      Battling the unemployment blues
      898 11  -  Mari Pangestu discusses measures to stem the tide of the jobless in Indonesia Mari Pangestu The writer is head of the Economics Department at the Centre for Strategic and International Studies and a lecturer at the University of Indonesia. Reprtxluced with permission from The Jakarta Post.
      898 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      209 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX.74I-1298 RED LION PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 306(2) of the Companies Act Cap 50 that the Final Meeting ot Members of the above-named Company will be held at the offices of 36 Robinson Road. *15-00 City
      209 words
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      Page 11 Advertisements Column 2
      275 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PROTRADE (SINGAPORE) PTE. LTO. At an Extraordinary General Meeting of PROTRADE (SINGAPORE) PTE. LTD duly convened and held at 74, Thomson Road, Singapore 1130 on 15th December 1993, the following resolution was passed: SPECIAL RESOLUTION: That the company be wound up
      275 words
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      Page 11 Advertisements Column 3
      328 11 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF MAKENI (SINGAPORE) PTE LTD On Mimbwi' Voluntary Li qui (Ml on) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting oI the members ol the abovenamed company duly convened and held at 356 358 First Floor Jaian
      328 words
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  • Article
    Lock icon UN economists predict 2.5pc world growth in 1994
    533 12 Current economic progress due mainly to Asian expansion Reuter UNITED NATIONS World economic growth is expected to increase by 2.5 per cent in 1994 after three years of annual growth of one per cent or less, UN economists forecast on Wednesday. In
    Reuter  -  533 words
  • Article
    Lock icon Latest US data on orders, incomes, spending point to strong 4th qtr
    452 12 Reuter, AP WASHINGTON Strong demand for new cars and airplanes pushed orders for expensive durable goods up for a fourth straight month in November, the US government said yesterday. Americans' incomes and spending also rose, the Commerce Department
    Reuter,; AP  -  452 words
  • Article
    Lock icon US and N Korea closer to agreement: reports
    291 12 AP, AFP SEOUL The United States and North Korea have narrowed their differences and are closer to agreement on inspections of the North's nuclear facilities, South Korean news reports said yesterday. South Korean newspapers quoted unnamed South Korean government officials as saying
    AP,; AFP  -  291 words
  • Article
    Lock icon HK airport saturated, plans to turn away flights
    261 12 AFP. AP HONGKONG Hongkong's Kai Tak International airport has reached saturation and hundreds of flights will be turned away in coming months, a Civil Aviation Department (CAD) spokesman said yesterday. This will cost the territory millions of dollars in lost tourism receipts,
    AFP.; AP  -  261 words
  • Article, Illustration
    Lock icon All in a day's work
    42 12 AFP COCHEM, Germany Crew members of German private television channel RTL reporting live from this town on the Moselle river on Wednesday. Large parts of the town's centre are flooded as high tide reached record level. AFP
    AFP  -  42 words
  • Article
    Lock icon Siemens to spend 2.4b marks on new microchip research, production plant
    469 12 Reuter Bloomberg Business News, DRESDEN German engineering company Siemens AG said it will build a plant for the development and production of semiconductors in the east German city of Dresden. The plant will be one of Europe's largest ever
    Reuter; Bloomberg Business News,  -  469 words
  • Article, Illustration
    Why Palestinian self-rule has not been implemented
    749 12  -  The Bottom Line YASSER ARAFAT YASSER ARAFAT The writer is chairman of the Palestine Liberation Organisation. This commentary was extracted from a letter he wrote last week to an American Jewish leader and publisher. WE WENT to the meeting with (Israeli Prime Minister
    749 words
  • Article
    Lock icon Australia will open its gates only when the fat lady slims
    298 12 Reuter SYDNEY An overweight British woman has been told to lose a quarter of her body weight before she can migrate to Australia because she is regarded as a health risk, an immigration official said yesterday. "The (entry) application
    Reuter  -  298 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      20 12 X 5L OF THE PLAZA The Choice Your Choice 60 STOGY UOB PLAZA 1. Na 80 Raffles Place Singapore 0104
      20 words
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      Page 12 Advertisements Column 2
      85 12 For the ultimate in view Experience a rare culinary odyssey Reservation 538-3232 PLAZA OF TgSft. Now Zip gives you instant boiling SS water kj I every minute of the JUST TURN ON THE TAR Z,P OUT DATES URNS, KETTLES, COFFEE BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY
      85 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      The Sun also rises — and rises, and rises, and...
      496 13  - The Sun also rises and rises, and rises, and... Major price gainers in S'pore, KL By Shiv Taneja SINGAPORE Sun Corporation was the biggest gainer on the local stock market yesterday, moving up $1.60 to close at $7 on a volume of 56,000 shares. On Wednesday, Sun announced a three-for-one
      496 words
    • Article, Illustration
      MISC shares surge on rumours of sale
      536 13  -  By Juliette Walker SINGAPORE Shares in Malaysian International Shipping Corp shot up 22.9 per cent yesterday on rumours that Bank Negara may sell a major stake in the national carrier to Sedap Food Confectionary Bhd. MISC, which is traded over-the-counter here on Clob
      536 words
    • Article
      SES queries three firms over price rises
      181 13 SINGAPORE Three listed companies were queried yesterday by the Stock Exchange of Singapore over recent activity in their shares. The main board's United Pulp and Paper, property firm Tuan Sing and its subsidiary SPP all received reminders from the exchange that under its
      181 words
    • Article, Illustration
      Berjaya's Vincent Tan sees a role model in Hyundai chief
      822 13  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE What do Beijaya head honcho Vincent Tan and Hyundai founder Chung Ju Yung, have in common? On the surface, nothing much. Apart from the fact that each has built a large business
      822 words
    • Article
      Lock icon KLSE quizzes four companies
      248 13 Bernama KUALA LUMPUR Austral Enterprises Bhd and its parent company, Island Peninsular Bhd, were queried yesterday by the Kuala Lumpur Stock Exchange on the unusual market movement of their respective shares. In its reply. Aust Ent denied market talk of a pending takeover of the company,
      Bernama  -  248 words
    • Article
      Unallotted Vickers shares due to input error, says SES
      327 13 SINGAPORE An input error has been citcd as the reason for the 7.31 million shares being unallotted during the balloting for Vickers Ballas Holdings' initial public ofTering. In a statement yesterday, the Stock Exchange of Singapore said the mistake was due
      327 words
    • Article
      Semcon wins bid to build German Centre
      119 13 SINGAPORE Scmbawang Construction has landed a $32.2 million contract to build the German Centre for Industry and Trade at Jurong International Business Park. Semcon, the construction arm of Scmbawang Industrial, outbid about a dozen parties, including local and foreign construction firms from Germany,
      119 words
    • Article, Illustration
      Lock icon SUMMARY
      317 13 Source: Bridge Info Performance of STII's Index stocks Dec 23 Last Sent Slock sale Chat factor atovcrs Avimo 2.050 -0.040 1.31 -2.38 CAC 8 500 -0.150 5.43 -8.93 CWT 3 040 -0.020 194 -119 Cerebos 7.550 4 82 FAN 17.500 0 200 11.17 11 90 Gen Mac I 180
      Source: Bridge Info  -  317 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          SIA's 22nd B747-400 Megatop arrives
          94 14 SINGAPORE National carrier Singapore Airlines has taken delivery of its 22nd 8747-400 Megatop, which arrived in Singapore last night. SIA said the plane was part of an order for six 8747-400s placed in March 1991. The entire order cost USS9OO million (SSI.4 billion). With the
          94 words
        • Article
          Inno-Pac director resigns
          40 14 SINGAPORE Inno-Pacific Holdings said yesterday that Tan Kong King had resigned as director with effect from Dec 21. Mr Tan is the Singapore-based managing director of KMP Pte Ltd, a private investment vehicle of the Salim group.
          40 words
        • Article
          Winfoong unit buys HK firm
          40 14 Singapore U-Kwong Holdings, a wholly-owned subsidiary of Winfoong Investments, has acquired China Charm Company Limited (CCCL), a company registered in Hongkong. CCCL has a paid-up capital of HKS2 (550.41). Its main activity is property holding.
          40 words
        • Article
          Multi-Purpose sells vessel for US$1.7m
          59 14 KUALA LUMPUR Multi-Purpose Holdings Bhd says Mulpha Kluang Maritime Carriers, a wholly-owned subsidiary of Multi-Purpose Shipping Corporation, has sold the vessel Mulpha Kluang to Syarikat Perkapalan Kris for US$l.7 million (552.7 million). The sale, in line with a policy of disposing of older ships, resulted
          59 words
        • Article
          Lock icon IGB shareholders divest holdings
          48 14 Bernama KUALA LUMPUR IGB Corporation says it has been told by substantial shareholders Lee Hing Development, Wah Seong (M) Trading Co Wah Seong Enterprises that they have entered into conditional agreements to dispose of their combined interest in IGB to Tan Tan Developments. Bernama
          Bernama  -  48 words
        • Article
          Ipmuda moves into office renovation
          60 14 KUALA LUMPUR Ipmuda says it has acquired two subscriber shares of MSI (550.62) each at par in Modular Equity. Impuda says the move opens the way for it to get into office renovation and general contracting through Modular Equity's 60 per cent stake in Copro
          60 words
      • Article
        Corrections and clarifications
        85 14 IN A REPORT "Lippo, Hong Leong Finance to build aquarium complex", published in BT yesterday, it was said that the Hong Leong Finance group was one of three parties involved in the proposed Sea World aquarium complex in Jakarta. The report filed by AFP in Jakarta was
        85 words
      • Article
        Lock icon Datuk Kramat buys into George Town, Swiss broker
        504 14 Bernama KUALA LUMPUR Datuk Kramat Holdings Bhd (DKH), yesterday agreed to buy into George Town Holdings Bhd, an investment holding company, and Robabond Holding AG, a brokerage firm in Zurich, Switzerland. Its adviser. Bumiputra Merchant Bankers Bhd, announced in a statement that
        Bernama  -  504 words
      • Article
        San Teh sets up two more units abroad
        213 14  -  By Ven Sreenivasan SINGAPORE Rubber components maker San Teh Ltd (STL) has formed two more overseas subsidiaries. They are San Teh Xing (Tianjin) Industrial Co Ltd (STX) in China, and San Teh Products Co Ltd (ST Products) in Hongkong. Tianjin-incorporated STX. wholly
        213 words
      • Article
        Pac Can unit and M'sian firm in share swop
        201 14  -  By Shiv Taneja SINGAPORE Pacific Can Investment Holdings announced yesterday that its subsidiary ECAM Pte Ltd had signed an agreement with the Kuala Lumpur based-Tan Tan Developments. ECAM will acquire 40 per cent of Tan Tan's wholly owned subsidiary City Beauty
        201 words
      • Article
        L&M unit sells indirect stake in HK company
        340 14  -  By Abdul Hadhi SINGAPORE Listed L&M Group Investments has sold its indirect stake in AsiaPacific Building Co of Hongkong. which owns an apartment and office complex in Beijing. L&M said yesterday that Hongkong subsidiary L&M Systems (LMS) signed two sale-and-purchase agreements last
        340 words
      • Article
        Lock icon Antah proposes bonus and bond issues
        138 14 MBT KUALA LUMPUR Antah Holdings Bhd has proposed a two-for-three bonus issue and a bond issue of MS 140 million (SSB7 million). The proposals will eventually sec its paid-up capital rising from the present M 570.7 million to MS 153.96 million. The proposed bonus
        MBT  -  138 words
      • Article
        UNIT TRUSTS & FUNDS
        532 14 UNIT TRUSTS FUNDS Maiugen pricc* Dec 24 Umbond-t- 1.06 1.09 United Gr Fund' 1.69 1.75 Singapore Unit Trust united asu Fund 2.01 2 09. The Commerce 1.81 I 90 HTUC Income TV Savings Fund 168 1.76 lncome Bond Policy 4 56 4.72 S port Prug Fund 0.74 0.78 spore sec
        532 words
      • Article, Illustration
        Lock icon Dark days seen over for Indonesia's bullish bourse
        709 14 MARKET WATCH Reuter JAKARTA Indonesia's small but booming stock market, which in two years has shot from one of the world's worst performing bourses to one of its best, should keep the bulls busy in 1994. Local investors, who deserted with burnt
        Reuter; Reuter file photo  -  709 words
      • Article
        Lock icon M'sian renovations specialist eyes major infrastructural projects
        318 14 Bernama KUALA LUMPUR Renovations specialist Shanghai Chong Kee Bhd (SCK) is eyeing several major infrastructural projects after being successful in bidding for MS3O million (5518.6 million) in contracts over the past six months. Chief executive director Wong Kok Poh said the projects SCK
        Bernama  -  318 words
      • Article
        Lock icon Kumpulan Emas expects return to black in current year
        249 14 Bernama PETALING JAYA Kumpulan Emas Bhd said it cxpectcd to make a profitable turnaround to about MS6 million (553.7 million) in the current year ending July 31. 1994 compared with a loss of M 56.28 million previously following higher contributions from
        Bernama  -  249 words
      • Article
        Lock icon BIL gets permission for Austotel purchase
        174 14 Reuter WELLINGTON Brierley Investments Ltd (BIL) said it had received regulatory approval to go ahead with its NZ576.6 million (5568.4 million) plan to buy DB Group's share in the Australian Austotel hotel chain, the New Zealand Stock Exchange reported. The company said last month
        Reuter  -  174 words
      • Article
        Lock icon Autron to reap up to M$80m from project
        173 14 Bernama KUALA LUMPUR Autron Sdn Bhd. which is seeking a listing on the second board of the Kuala Lumpur Stock Exchange next year, hopes to reap between MS7O million (5543.6 million) and MSBO million from the sale of its Ms4o million Taman
        Bernama  -  173 words
      • Article
        Lock icon Thai Airways names new board of directors
        428 15 Bloomberg Business News, UPI BANGKOK Thai Airways International's shareholders appointed a new 15-member board of directors yesterday in their annual general meeting. Former education minister Kasem Suwanakul was named chairman, replacing former air force commander-in-chief Gun Pimarnthip, who had been serving as interim
        Bloomberg Business News,; UPI  -  428 words
      • Article
        Lock icon First Pac Davies to sell 18pc of Thai unit stake
        225 15 Reuter HONGKONG First Pacific Davies Ltd said it has tentatively agreed to sell about 18 per cent of the shares it holds in its Thai associate First Pacific Land Public Co Ltd to the Thai company's management for 38 baht
        Reuter  -  225 words
      • COMPANY BRIEFS
        • Article
          Lock icon Thai bourse to admit four brokers
          79 15 Reuter BANGKOK The Stock Exchange of Thailand said it would recruit four brokerages to operate in the market. The SET board has formed a committee, chaired by SET president Seri Chintanaseri, to lay down qualifications, nominate membership fees and outline recruitment procedures, said Chaipat
          Reuter  -  79 words
        • Article
          Lock icon Citic Pacific plans HK$2b upgrade
          72 15 Bloomberg Business News HONGKONG Citic Pacific plans to spend HK$2 billion (SS4O7 million) to expand three Chinese factories it acquired last month, the South China Morning Post reported. Citic's managing director Henry Fan said the three plants would become the focal point of the company's
          Bloomberg Business News  -  72 words
        • Article
          Lock icon San Miguel shares jump 32pc
          76 15 Reuter HONGKONG Shares in San Miguel Brewery Ltd surged HK$ 1.425, or 32.57 per cent, to close at HKSS.BO, buoyed by a late wave of local demand yesterday. Brokers linked the sudden rise to market rumours that the brewery might move its operations to China.
          Reuter  -  76 words
        • Article
          HK's Lai Sun redeems bonds
          59 15 HONGKONG Lai Sun Development said it was redeeming all outstanding 6.25 per cent convertible bonds due in 1995 at 102 per cent plus accrued interest. The value of ordinary shares into which HK$lO,OOO of bonds is convertible is HK516,666.50. The redemption price is HK$ 10,502.31
          59 words
      • Article
        Lock icon Swire boosts Coca-Cola stakes in Taiwan, China
        155 15 Reuter HONGKONG Swire Pacific Ltd said it had increased its stake in the sole Coca-Cola bottler in Taiwan as well as in its Coca-Cola bottling interests in China. Swire Pacific Industries Ltd will boost its holdings in Taiwan Coca-Cola Bottling Co to 63.7
        Reuter  -  155 words
      • Article
        Lock icon Exxon, Texaco absolved in multi-billion dollar tax claim
        363 15 AP DALLAS Exxon Corp and Texaco Inc, two of the world's biggest oil companies, have won a favourable decision from the US Tax Court absolving them of a multi-billion dollar tax bill dating to the 1970s energy crisis. The Washington DC court
        AP  -  363 words
      • Article
        Lock icon US capital goods stocks still good buys: analysts
        578 15 MARKET WATCH Reuter CHICAGO After being riddled by recession, capital goods companies made a dramatic recovery in 1993 and promise to yield good investment returns as the US economy continues its recovery, industry analysts say. But growth in 1994 may be slower
        Reuter  -  578 words
      • Article, Illustration
        Lock icon Bank staff strike over evaluation
        56 15 Reuter MANILA Filipino workers of the Hongkong Bank form a barricade outside the bank's headquarters here yesterday to bar the entry of bank executive David Hodgkinson. The workers were in their second day of a strike called to protest against a staff evaluation programme the
        Reuter  -  56 words
      • Article
        Paramount board now in favour of QVC
        350 15 NEW YORK The board of entertainment group Paramount Communications was reported on Wednesday to have recommended that shareholders accept a hostile US$lO billion (Ssl6 billion) bid from television shopping channel QVC Network rather than a friendly but lower offer from cable company Viacom.
        350 words
      • Article
        Lock icon Philip Morris seeks joint ventures in Vietnam
        224 15 AP HANOI Two subsidiaries of Philip Morris, the giant American food, beverage and cigarette manufacturer, are negotiating to form joint ventures in Vietnam. A third group member. Miller Brewing Co, has already signed a contract with a local company to make beer, according
        AP  -  224 words
      • Article
        Lock icon Cambridge shares surge after diamond find
        355 15 Bloomberg Business News PERTH Shares in Australian diamond high-flyer Cambridge Gulf Exploration NL surged 70 per cent after the company reported finding offshore diamonds and the stock resumed trading after more than a week's suspension. The resumption came after the company reported finding 23
        Bloomberg Business News  -  355 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon UK expected to cut rates early next year
        466 16 Reuter LONDON Britain will cut interest rates early next year to ensure that economic recovery gather pace, leading independent economists forecast on Wednesday. "We think interest rates will fall to 4 per cent by the middle of next year, with the first
        Reuter  -  466 words
      • Article
        Lock icon Opec offers to join concerted output cuts
        262 16 Reuter MANAMA Leading Arab members of the Organisation of Petroleum Exporting Countries have taken an important step by offering to join concerted oil output cuts but appeared to have made the conditions for such cuts almost impossible to meet, sources said yesterday. The
        Reuter  -  262 words
      • Article
        Lock icon Occidental discovers gas off Borneo coast
        148 16 Reuter KUALA LUMPUR Occidental Petroleum Corp has discovered natural gas off the Borneo coast, enhancing the feasibility of a third liquefied natural gas (LNG) plant in Malaysia. according to stateowned oil company Petronas. A Petronas official confirmed reports that Occidental had made its fifth
        Reuter  -  148 words
      • Article
        Lock icon Citibank to open rep office in Ho Chi Minh City
        143 16 AFP HANOI Citibank has been authorised to open a representative office in Vietnam's southern Ho Chi Minh City, its second outlet in the country, the bank has announced. Citibank, which opened its first representative office in Hanoi last July, becomes
        AFP  -  143 words
      • Article, Illustration
        Lock icon Serbs paid with all they can eat
        61 16 Reuter BELGRADE A man holds a slab of pork given to him by his employer instead of his monthly salary. Scenes like this have become commonplace in Serbia due to hyper-inflation and international sanctions. The value of money is reduced every day, so
        Reuter  -  61 words
      • Article
        Lock icon Exxon to sell coal project to Arco, CRA
        239 16 Bloomberg Business News MELBOURNE Australian mining giant CRA Ltd and Arco Coal Australia said they will purchase Exxon Coal Australia's 55 per cent interest in the Clermont coal deposit in Queensland state. The purchase involves CRA's wholly-owned subsidiary Pacific Coal Pty Ltd.
        Bloomberg Business News  -  239 words
      • Article
        Lock icon Nymex accepts Comex merger plan
        217 16 Reuter NEW YORK The board of directors of the New York Mercantile Exchange (Nymex) said it unanimously approved formal documents of the merger proposal submitted to the Commodities Exchange Inc (Comex) in August. "After careful negotiation with Comex representatives, we are delighted to be able
        Reuter  -  217 words
      • SMALL CHANGE
        • Article
          Lock icon Bank of Canada governor calling it a day
          72 16 FT TORONTO John Crow, the Bank of Canada governor who has built a reputation as one of the industrial world's most ardent inflation fighters, says he will not be available for another term in office when his first seven-year term expires next
          FT  -  72 words
        • Article
          Lock icon Peat Marwick sued for 'wrong advice'
          80 16 Bloomberg Business News LONDON Two former directors at Medway Ports are suing accountants KPMG Peat Marwick for alleged negligence in a share valuation. Des Crampton and Keith Middleton say KPMG's share valuation of £2.50 just months before Medway was taken over at £37.25 deprived
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Sumitomo Bank gains access
          53 16 UPI WASHINGTON The Federal Reserve has given its approval to Sumitomo Bank of Osaka to offer foreign exchange advice and transactional services through a US subsidiary. The subsidiary. Sumitomo Bank Capital Markets Inc, located in New York, currently conducts commercial lending and personal and real property
          UPI  -  53 words
        • Article
          Lock icon Business as usual
          67 16 Reuter BOMBAY The Bombay branch of Citibank refused to comment on the report of the parliamentary committee investigating a US$l.2B billion (SS2 billion) securities scandal. But the bank said it remained committed to business in India. "We have taken appropriate action to ensure that we are in
          Reuter  -  67 words
      • Article
        Lock icon Aussie central bank issues new guidelines on problem loans
        273 16 Reuter SYDNEY The Reserve Bank of Australia has issued new guidelines to commercial banks for classifying and reporting their problem loans and other impaired assets. The guidelines are meant to achieve a consistent treatment of problem loans, the bank said. At
        Reuter  -  273 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        141 16 THE US$/majors moved lower across the board, led by the appreciation of the Swiss franc in anticipation of Japanese bond redemption. In the US$/S$ market, early morning purchases by local banks lifted the US$. Subsequent purchases of USS by offshore parties coupled with some stop-loss
        141 words
      • Article
        Lock icon London
        194 16 Reuter LONDON The dollar sparred with the mark in late European trade but traders said there were few supporters for the match ahead of the Christmas weekend yesterday. "Dollar/mark is pressing this key 1.6950 level. If people are in the mood they might sell it below there tomorrow," said
        Reuter  -  194 words
      • Article, Illustration
        Untitled
        1606 16 rrode-«etfbted index lakulaled afatmi S'pore'i top 14 trading partners Base year 198? US$/S$ forward rates Noon Dcc 23 SS Bid Oder 1-month 1.5951 1.5966 2-month 1.5954 1.5969 3-momh 1.5956 1.5971 6-monlh 1 5958 1.5978 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on Dec 22: Singapore dollars
        1,606 words
      • Article
        Lock icon Influx of oil imports before new China tax
        210 16 Bloomberg Business News LONDON A new tax structure, due to be implemented in China on Jan I, has caused an influx of oil into the country during the past six weeks, said shipping brokers in Singapore. "From mid-November about 400,000 to 500.000
        Bloomberg Business News  -  210 words
      • Article
        Lock icon New York
        76 16 AFP NEW YORK The dollar lost ground against other major currencies except the yen in early calm trading on Wall Street yesterday. Gold lost 20 cents from its close on Tuesday, opening at U*****.80 an ounce. At 1445 GMT. the dollar was trading at 1.6950 German marks against
        AFP  -  76 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar slips, Euroyen firms in thin trade
        1336 17 SIMEX REPORT Reuter SINGAPORE Simex interest rate futures eontraets settled barely changed after a session of lacklustre, rangebound trade yesterday. Activity was thinned out by the absenee of Tokyo traders for a national holiday as well as the laek of fresh incentives to
        Reuter  -  1,336 words
      • Article
        KL tin closes unchanged at M$12.06
        605 17 COMMODITY REPORTS Tin TIN maintained its steady trend but trading was brief after sellers and buyers were matched at the opening call yesterday, traders said. Prices last traded at MS 12.06 a kg. the same as the previous close, on further preChristmas covering by
        605 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China corn sales to Mediterranean up
          114 17 SYDNEY Chinese corn sales to Mediterranean destinations have risen to at least 500.000 tonnes for December and January shipment, traders in Asia said. They said the exports have gone to Tunisia. Cyprus. Israel. Saudi Arabia and Egypt. Negotiations also are said to be taking
          114 words
        • Article
          Japan cotton spinner to shut plant
          118 17 NAGOYA. Japan Tsuzuki Spinning Co. a Na-goya-based major cotton spinner, said yesterday it will close its plant in Gifu prefecture in August as a result of dwindling demand, according to a report from the Kyodo news service. The company has been hard hit by
          118 words
        • Article
          India sees lower cotton output
          150 17 NEW DELHI India's Textiles Ministry has urged the government not to release additional cotton exports until the final crop estimate for the current 1993-94 (September-August) season is made, a government statement said. The Parliamentary Consultative Committee of the Textiles Ministry urged on Wednesday that the
          150 words
    • Article
      COMMODITY PRICES
      1679 17 Rubber HAS Commodity Exchange (futures closing m at 1pm) RSS 1 Contract (S cents/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Jan 94 OOO 000 132.00 0 100 Feb 0 00 0 00 133 00 0 4.375 Mar 0.00 0 00 134.75 0 6.925 Apr/Jun *****
      1,679 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1292 18 15.6 A RECOVERY in leading stocks and offshore interest in the resources sector helped lift the Australian share market to a higher close yesterday, brokers said. "There was a reasonable recovery in the price of (media giant) News Corp and (market leader) BHP." said one broker. "There was also
        1,292 words
      • Article
        Manila
        619 18 +99.63 Share prices closed at a new record high for the fourth straight day. breaching the 3.000 point psychological barrier. as money flooded into the market, brokers said. The Manila index rose almost 100 points while Makati zoomed past 3.000 and approached the 3.100-point level. "It's been euphoric. A
        619 words
      • Article
        Taipei
        564 18 -216.79 Taiwan stocks plunged 4 per cent on heavy profit-taking triggered by news that Fuh-Hwa Securities Finance Corp was introducing a rationing system for margin loans, brokers said. The index ended 216.79 points down at 5.257.96. oIT an intra-dav low of 5.248. Turnover remained heavy at NT578.87 billion but
        564 words
      • Article
        Seoul
        397 18 -10.23 Profit-taking on high-priced blue-chip counters dragged down the market. The composite index ended 10.23 points lower at 858.37. Volume totalled 41.80 million shares, valued at 933.69 billion won. Losers outpaced gainers by 471 to 397 with 113 counters unchanged. Samsung Electronics, a leading blue chip, hit its daily
        397 words
      • Article
        New Zealand
        313 18 16.94 Wednesday's New Zealand share market rally continued yesterday with most shares closing stronger on good volumes. The NZSE-40 capital index rose 16.94 to 2.088.72. The market appeared to have digested recent issues and share placements and the effects of lower interest rates were starting to exert their
        313 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        725 18 Britannia Funds Strriiag ash Bid ()flrr Mim Cap Deposit 18 MOO 38 6500 Mim Jerv> Gill 0.1(9) 0 1992 Mim Mu Immc ****** ****** I S$ Cash Income Plus Fund 10 7100 *****0 PS I Reserve Fund 5 2300 5 2400 Sterling I* (|uify Furo IVifumuikT .0-4592 044)8 Far Fa4
        725 words
      • Article
        London
        633 18 +40.8 THE FTSE-100 breached an all-time high in late trading yesterday as futuresdriven trading and overseas and institutional buying created a year-end bull market. The blue-chip FTSE-100 index closed at 3,396.5 points, up 40.8 points. The narrower Financial Times 30 index closed at 2,549.4 points, up 35.5 points. Volume
        633 words
      • Article
        Paris
        153 18 17.23 The CAC-40 index ended at an all-time closing high, fulfilling traders' prediction that it would break above its previous record by Christmas. Dealers said the market was sustained by a strong French bond market and cash flowing into shares out of mutual ftinds. There was no reason for
        153 words
      • Article
        Stockholm
        125 18 +0.76pc Swedish shares closed higher ahead of the Christmas holiday, supported by lower Swedish debt yields and stronger foreign markets. But volume was moderate and activity was clearlymarked by the holiday lull. The all-share index rose 0.76 per cent to 1.367.62 in moderate turnover of 1.28 billion crowns. The
        125 words
      • Article
        Frankfurt
        158 18 +25.33 German equities soar to new record highs in a yearend rally founded on high liquidity levels. The DAX-30 ended up 25.33 points at new record closing high of 2.222.84. ofT the intraday record high level of 2,227.88. Frankfurt Dtc 23 DM +7T \eg 1*7 90 i 10 BVSf
        158 words
      • Article
        Brussels
        177 18 12.71 Belgian shares ended 0.88 per cent higher at a new all-time closing high and were expected to climb further in the near future, mainly on rate cut optimism, some end-of-year window dressing and Bel-20 index basket buying by institutional investors, dealers said. Some said the basketbuying was linked
        177 words
      • Article
        Milan
        145 18 -1.14 pc The recent strong rally on the Milan bourse was finally subdued in thin pre-holi-day trade as players sought to close positions and cash in recent heavy profits on the last day of business before Christmas yesterday. After gains through eight successive sessions, dealers said the market was
        145 words
      • Article
        Amsterdam
        277 18 +2.37 Dutch stocks ended at another record high as foreign investors continued to buy while barely anybody was eager to sell shareholdings, traders said. Dutch shares are buoyant on expectations of further declines in interest rates and hopes for improving corporate profits in 1994. Traders also mentioned futures-related demand
        277 words
      • Article
        Zurich
        237 18 14.21 A high liquidity level and hopes for more interest rate cuts next year pushed Swiss shares to another record closc. Nestle, 28 Swiss francs firmer at 1,277, led the market higher while Ciba registered shares, steady at 888, had to give up earlier gains. The SPI added 14.21
        237 words
      • Article
        Toronto
        291 18 +8.69 Stocks floated higher in quiet trading as equities followed Canada's other financial markets up to stronger levels yesterday morning. The TSE 300 composite index climbed 8.69 points to 4.235.54 in early turnover of 11.15 million shares valued at C 5118.94 million. Advancing issues led declines 197 to 164,
        291 words
      • Article
        New York
        799 18 +8.94 The Dow was ahead 8.94 points to 3,771.13 at II am EST yesterday topping the all-time high of 3,764.43 set on Dec 13. The New York Stock Exchange composite index was ahead 0.54 to 258.69, while Standard Poor's 500-stock index was up 0.91 to 468.23. Advances topped
        799 words
      • Article
        Johannesburg
        289 18 +63 Industrial shares attracted demand in afternoon trading as local buyers looked to pick up stock before the year-end, with interest spreading to gold shares despite an indifferent bullion price. The gold index was 22 points up at 2,094. the industrial index 63 higher at 5,261 and the overall
        289 words
    • Article, Illustration
      Lock icon HONGKONG
      3074 19 Reuter HONGKONG Share prices closed at a record high on selective buying that sent the Hang Seng Index up 173.24 points, or 1.62 per cent, to 10,881.20 yesterday. That was short of its intra-day high of 10,957.59 reached earlier as profit-taking pared the gains. "Buy orders shrank at mid-afternoon
      Reuter; Source: Bridge Info  -  3,074 words
    • Article, Illustration
      CHINA
      523 19 THE CLSA Shanghai B Index added 45.73 points to 1,014.58 with several stocks up by more than 10 per cent. Dazhong rebounded sharply by 18.4 per cent to close at US$l.BO. Jinqiao, Erfangji, and Jin Jiang Tower also gained 12.4 percent, 10.1 percent and 9.2 per cent respectively. Forever
      523 words
    • Article, Illustration
      Lock icon BANGKOK
      1864 19 Reuter BANGKOK Thai stocks closed 1.30 per cent higher in active trade yesterday, propelled by the strong gains of Telecom Asia (TA) and debut of satellite dish seller Samart Corporation, brokers said. The SET index gained 19.77 points to 1,543.52 though losers led winners 161 to 132 with 62
      Reuter; Source: Bridge Info  -  1,864 words
    • Article, Illustration
      Lock icon JAKARTA
      1139 19 Reuter JAKARTA Share prices closed higher in moderate late trading with local investors rallying late in the day. brokers said. The official index rose 7.27 points to close at 557.34. "After a quiet start to the day. local investors started hunting for bargains." said a broker. Another broker said
      Reuter; Source: Bridge Info  -  1,139 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2953 20 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Promct 23.64«».000 kamunting 50c 14.*****0 (k ncral Corp 12.654.000 Ind (K\gcn WI95 I2.1SI.000 l.km Hoc TSR<>7 I0.8w.000 Mctropk* rSR 8.561.000 Anlah Hldgs 50c *.l<»2.000 (•olden Hope 7.*****0 Ind (h\gcn 50c 7.724 000 AMDB 50c 7.I3JOOO Lien Hoc 6.824 000
      Source: Bridge Info  -  2,953 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Untitled
        5694 20 Source: Bridge Info INDICES TURNOVER (low Prttinn Changr K.LSE C omposite 1152.24 1121 38 30 86 NST Industrial 6087 13 5907.42 +179.71 NST Finance una\ 9571.70 NST Properties 2846.77 2743 47 +103 30 NST Mining *****5 3884 48 -152 93 lurnmer ("000) Total volume 687.570 775.9?2 -XX40: Total \aluc (MS)
        Source: Bridge Info  -  5,694 words
      • Article
        Lock icon Index surges 31 points to another record close
        233 20 Bernama KUALA LUMPUR The stock market barometer, the Composite Index, streaked to record levels for the second straight day yesterday. The 85-stock weighted index which added 29.93 points during trading on Wednesday jumped a further 30.86 points yesterday to close at a
        Bernama  -  233 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7291 21 MAIN BOARD Transaction date: Dec 23 Cf Gr in} Last Vol Day Last Qaotc Di« D<» V M Nat M Cap High Low (ompaav Sale ("000) High Low B«>rr Sdlcr CNr P/E Sail INDUSTRIAL AND COMMERCIAL 1400 260 t Acma 1200 -30 208 1240 1180 1200 1230 12.5 2.1 1.0
        7,291 words
      • Article, Illustration
        Lock icon Index bounces back after three-day consolidation
        1766 22  -  By R Sivanithy SINGAPORE The Straits Times Industrials Index closed at a new high yesterday, after three days of consolidation. Boosted by interest in laggards and Malaysian speculative*, the index rose gradually from the start of trading, peaking at 2,301.83 before mild profit-taking set
        Source: Bridge Info  -  1,766 words
      • Article, Illustration
        Sri Hartamas Corp
        150 22  -  HOT STOCK By Paul Leo SRI HARTAMAS Corporation has ranged between 51.50 and $2 since early October. It ended yesterday in the middle of that range at $1.77 and technicals are calling for a rally. Daily RSI has just headed below 25 and any further price weakness
        150 words
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      Page 13 Advertisements Column 1
      298 13 THE WINNING EDGE IN-DEPTH BUSINESS jjjpP? M Yy wji or over two decades Singapore Business has covered 1 1 1 ff the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any other publication. Some may call it
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      399 15 s RM v POWERMATIC DATA SYSTEMS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held on 7 January 1994 at 11.00 a.m. at Serangoon Gardens Country Club, Function Room (Annex Building), 2nd
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      19 17 ideal in cameras. And Iknow whereto get good exposure." VHS "'~>'iZ"SP** j Call today for results tomorrow. CA.T.S. 737-1166
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      Page 17 Advertisements Column 2
      40 17 As and when the latest Ixtndon/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead I Put The Straits Times 1 Classified i l to work for 1 you today. EV T fill E il
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      Page 19 Advertisements Column 1
      39 19 9 The Tokyo market was closed for a public holiday. Trading resumes today o °o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. Singapore fu y Business Times WE KNOW ASiA
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      Page 19 Advertisements Column 2
      24 19 H,6H STAKES Don't get shortchanged, f° r a coverage you can bank on. 1 Financial News. Everyday. I TV. T>SWOAPO*Ef r 1 Business Times
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      68 20 ma —»i—l» r v I"- 1 k. FOR GENERATIONS, WE'VE GRACED THE NATION'S HOMES WITH flTl ffl [Hgfe AFFORDABLE QUALITY ROSEWOOD FURNITURE FROM CHINA. :72 Eunos Avenue 7, Singapore Handicrafts Building Singapore 1440. Tel: 747-7666 Branch #02-182IMM Building 2 Jurong East St 21 Singapore 2260. Tel: 568-2957 nl Sfrigapore Handicrafts
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      55 22 REIE9 What he UlaaAM confessed to police SUNDAY, DEC 26,1993 MfTA (P) 035/04/93 50 CENTS MY KID WATCHES SHARE PRICES «*F 11,111 <"*"i '-iwSSrTv^^r^H 'BUY LOW, SELL HIGH' This is nursery rhyme for a seven-year-old girl. Her father has given her 1,000 shares to watch. She would make $410 if
      55 words
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      Page 22 Advertisements Column 2
      617 22 BUSI NESS TTMHS TOLL FREE TEL. No. 1 "BQO-741-1833 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 9$ SUNG HUN TRADING PTE LTD (IN VOLUNTASY LIQUIDATION) Al aa Extraordinary General Meeting of Ike above Company duly ton venal and held at 585 North Bndge Road #14-05. Blanco Court. Singapore
      617 words
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      Page 22 Advertisements Column 3
      710 22 MAXIMISE YOUR GAINS with Personal Finance and Investment on Saturdays IN THE MATTER OF THE COMPANIES ACT, AND IN THE MATTER OF SANFU MARINE PTE LTD ffrvimpotled m ttw RspuKc ot Sktg^xxe) NOTICE OF SPECIAL RESOLUTIONS At an extraordinary general meeting of the members of SANFU MARINE PTE LTD duly
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  • Shipping Times
    • Article, Illustration
      Lock icon P&O sells 9.47pc stake in HK container terminal
      520 23 Bloomberg Business News LONDON Peninsular and Oriental Steam Navigation Co sold a 9.47 per cent stake in Modern Terminals Ltd, a Hongkong container port, for HKSI.3S billion (SS27B million) cash in order to concentrate on operations in mainland China. The London-based shipping
      Bloomberg Business News  -  520 words
    • Article
      Lock icon Appledore to build 2 minibulkers in breakthrough deal
      244 23 Lloyd's List LONDON Appledore Shipbuilders has won a £16.8 million contract for two minibulkers on the strength of a long-term charter agreement with the Republic of Ireland's largest cargo vessel operator. The two 7,000-deadweight tonne (dwt) singledeckers will be built to the
      Lloyd's List  -  244 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1091 23 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 16 5 Ahrenkiel Liner 4 1/2 Alprimo Freight 16 1 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 3 ASCL 5 5 ASXCLShpg 15
      1,091 words
    • Article
      Lock icon ICT plans new facilities next year
      419 23 Bonded warehouses to be built for factories in free trade zones Bernama -IPOH The Ipoh Cargo Terminal (ICT) is likely to introduce new facilities to boost its services from next year as part of expansion plans. This is to face keen competition after the
      Bernama  -  419 words
    • Article
      Port state control imperfect but effective
      402 23 LONDON Port state control is far from perfect. But realistically it's the most effective tool we've got to force substandard tonnage out of our ports and into the scrap yards, and it should therefore be improved. That seemed to be the consensus of opinion
      402 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        547 24 Vessel Voy No Berth Arrival Departure VtMd ¥oy Ho Berth frmd Departure Jurong Port Anak Rantau *****6 POIA 24 12/0830 24 12/2300 Batam Say** 12/07/93 11 2412/2300 Batam Speed3 A3293* P01* 23.12/1730 2312/1900 8HS Maone 185 B PH2001 112 atongs«Je 2412/0400 Batara Speed3 A3393* P01A 24 12/1530
        547 words
      • Article
        CONTAINER SCHEDULES
        1493 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARCO Record Bookinc/Baianct RsRs Ship Voy No Etb/Btr Period From To From to Daisy 047A 25/1200 1 23/1500 23/1659 23/1900 2 23/1/00 24/0659 24/0900 3 24/0700 24/1159 24/1400 4 24/1200 24/1459 24/1700 to
        1,493 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9076 32 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      9,076 words
    • Article
      DAILY FREIGHTS
      322 39 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.222 on Wednesday from 1.225 on Dec 21. Trading remained slow in most areas of the freight market with the approach of a holiday in Japan on Thursday and the approaching Christmas holiday. Panamax activity in
      322 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      574 39 Carbon Carbon December 16 Density Water Residue Ash AJumriun Sedment Density Water Res*Jue Ash Ataman Sedmnt M/M M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 tV/¥t M/M M/M PPM method BO/Cimac lints Spec E25 991 1.0 15.0 010 30* 0 10* Eastern USA 180
      574 words
    • Article, Illustration
      Lock icon Asia's key ports facing keener competition
      1115 40 A look at how Port KJang, Hongkong and Singapore plan to stay ahead Lloyd's List Maritime Asia THE most compelling feature of Asian ports is their struggle to keep up with massive growth. In 1992, the average growth of Asian ports had actually slowed
      Lloyd's List Maritime Asia  -  1,115 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon United Airlines' board gives nod to employee buyout offer
        505 42 AP, Reuter NEW YORK Clearing an important hurdle in their bid to create the nation's largest employee-owned company, two unions at United Airlines won approval on Wednesday from the airline's board for their US$5 billion (SsB million) proposal to gain majority
        AP,; Reuter; AFP  -  505 words
      • Article
        Lock icon Cathay Pacific to scrap first class seats on 4 routes
        181 42 Reuter HONGKONG Cathay Pacific Airways Ltd said yesterday it will scrap first class seats on four Asian routes due to poor passenger demand. Starting February, flights to Jakarta, Colombo, Cebu and Sapporo will feature business and economy sections only. The
        Reuter  -  181 words
      • Article
        Lock icon GM to invest £130m in Vauxhall plant
        246 42 FT LONDON US car maker General Motors is to invest about £130 million (SS3OB million) during the next two years to modernise and automate its Vauxhall assembly plant in Luton in south-east England. Vauxhall is planning to increase capacity at the plant, which
        FT  -  246 words
      • Article
        Lock icon Fokker expects tough year ahead, profits in 1995
        384 42 Bloomberg Business News AMSTERDAM Erik-Jan Nederkoorn, the chief executive of Dutch aerospace group Fokker NV, said he expects the company to have a difficult 1994 but to return to profit in 1995. In an interview with Fokker's in-house magazine, published on Wednesday,
        Bloomberg Business News  -  384 words
      • Article
        Lock icon Toyota to continue focusing on low-priced cars, says president
        300 42 Reuter TOKYO Toyota Motor Corp will continue efforts to develop more low-priced cars, the president of Japan's top carmaker said. "Entry cars are one of our most important product lines. We will continue strengthening development to respond to consumer demand for
        Reuter  -  300 words
      • LOG BOOK
        • Article
          Lock icon Myanmar to buy four used Fokkers
          81 42 UPI JAKARTA Myanmar's Transportation Minister Thien Wien has announced that Yangon will buy four used Fokker F-27 planes from Merpati Indonesian Airlines, an Indonesian private company. Mr Wien, who is accompanying Myanmar's Minister of Foreign Affairs Ohn Gyau on a five-day visit to Indonesia,
          UPI  -  81 words
        • Article, Illustration
          Lock icon The new TU has landed
          45 42 Reuter MOSCOW The new Russian TU-204 commercial passenger aircraft landing at Moscow's Vnukovo airport on Wednesday. The jet has arrived for tests and is to replace the TU-154 plane, which has been in service for more than 20 years. Reuter
          Reuter  -  45 words
        • Article
          Lock icon French shipping group to restructure
          82 42 Bloomberg Business News LONDON Compagnie Generale Maritime (CGM) chairman Eric Giuily, hopes to reduce the financially troubled French shipping group's deficit to 75.2 million French francs (5520.6 million) next year. According to the Financial Times, Mr Giuily said the reduction in losses will be part
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Swissair yield drops
          83 42 Reuter ZURICH Swissair Schweizerische Luftverkehr AG said its average yield on airline traffic this year dropped, but by less than at most other competitors. In its latest bulletin, Swissair Mews, the Swiss flag carrier also said passenger transport rose by an average 7 per cent during this
          Reuter  -  83 words
        • Article
          Lock icon Threat from former Red states
          60 42 Bloomberg Business News BRUSSELS The EC says its shipbuilding industries are threatened by growing competition from the former Soviet Union and Eastern Europe, and a lack of progress in ending state subsidies, according to the Wall Street Journal Europe. EC subsidy limits will remain unchanged
          Bloomberg Business News  -  60 words
      • Article
        Lock icon Ramos nod for US$400m Manila airport terminal
        197 42 AFP MANILA Philippine President Fidel Ramos said on Wednesday he had approved a proposal by an ethnic Chinese consortium to build a new, US$4OO million (***** million) passenger terminal at Manila airport over the next three years. The terminal would be built on
        AFP  -  197 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1373 42 C.t> FU|Jrt g|| FWfM CTO I Abu Dhabi GA970 2240 I GA928 2355 j GA976 2359 Adelaide QF81 1930 QF82 2050 QF81 1935 SQ227 2230 Amsterdam SQ25 0635 KL838 2335 KL843 0745 SQ26 2355 KL837 1540 GA976 2359 Athens SQ348 2250 Auckland NZ35 1645 SQ285 2045
        1,373 words
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      15 23 K*S MAC-NELS HONG □Aiiy KONG SAILINGS SINGAPC>RE:(O2)-*****22 NEW WAREHOUSE PSA Keppel Distripark Blk 519 #01-111
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      26 23 Lines and services represented ky Members of tiM Registry oI AcctmNM SMooins Agents. Mm—W National SMd- \iwSzMtl pS?KiXS. for advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090
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      Page 23 Advertisements Column 3
      28 23 Asia's key ports face keener competition, Pg 18 -T:: V:V\; Wl IMSI' LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. siNaAroiiE rT^ BusmessTimes nOKWAW
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      Page 23 Advertisements Column 4
      23 23 the jg FAMOUS Caustopc ■■MIII3I* 224 1833 For more information pleane refer to P|. 15 Green light for UAL buyout offer, Back Pg
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      427 24 TSKIJNE AGENCIES (S) PTE. LTD. T -W nT|l Tel: 226-3363 J. •3f|\« ■JrM r. Fax: 226-1972/3 Tlx RS *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N Btroios WEaaur i obtbouw w m mm\m\rnm mm mm mm rn\ magma n/44« 2112 oioi N jjgjjjjt 012 27.12 3L12 PACIFIC BWO6E 03/449 1
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      Page 24 Advertisements Column 2
      74 24 YEAR END LOADER TO USA Vessel/Voyage ACX DAISY V 0478 ETA 31/12/93 ETD 31/12/93 CY CLOSING 31/12/93 0700 HRS CFS CLOSING 30/12/93 1700 HRS For BOOKINGS please call *****51/2/3 ~~iß|K?nawr —iwrn mem jonmbmmi mm*A NYK MWWE3 {M» SO* HD NW AGENCES <M) SON BHO NW AGENCIES (M) SON BHO NYK
      74 words
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      1815 25 3 S L^ E FAI D 22n A 9 R 4°2 ,NE SM,PP NG AGENC ES ol M 716^777fF N AX ,M 5:*****.2 fluYn gggs^E^^i^^.'rj^r 0390 iouTWAfID) ss^sssi^^ss 1 CFS TEL MO6 CFS( PSA F5l TEL *****21 *****79 P.GUDANG TEL: *****2/3 FAX *****4 (OPNS) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU
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      44 25 MAERSK Sea EZ Land ff£ THANK ALL /K_ OUR CUSTOMERS "ypg^ V A 16 J|kif\. i W* I f v Kil iiV V o o V o o x** a mm V l o o <? o >l£frJmm jPOvVf J jo VjflM^k HAPPY NEW YEAR
      44 words
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      1459 26 AQABA r dam/ le also accepting from VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE yygST MALAYSIA HOECHST EXPRESS 12/350 25/12 3/1 9/1 12/1 15" 17/1 Port Kelang. Penang DANUBE 11/151 29/12 15/01 16/01 18/01 Pasir Gudang STUTTGART EXPRESS 01/351 1/1 10/1 16/1 19/1
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      Page 26 Advertisements Column 2
      539 26 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 o Vietnam Mongolia Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN NED HOORN V.2463 28/12
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      Page 26 Advertisements Column 3
      745 26 NORASIA NORASIA MUBARAK 9350-3 29/12 19/01 22/01 23/01 23/01 24/01 25/01 26/01 27/01 28/01 I NORASIA AL MANSOORAH 9351-3 05/01 26/01 29/01 30/01 30/01 31/01 01/02 02/02 03/02 04/02 I NOR ASM PRMCESS 9401-3 12/01 02/02 05/02 06/02 06/02 07/02 08/02 09/02 10/02 U/02 I NORASIA SUN 9402-3 19/01 09/02
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      Page 27 Advertisements Column 1
      1739 27 PB STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****8* Fax: *****17 new guinea pacific line HaIIIIIBIIBHMIBHIHMyMMIIIiySM §{vßtr (A SERV,C€ OF CHINA NAVIGATION CO) C«G£) TS DUE SAAS ■> MifirTf ».ili".. STRUTS VENTURE V32E Muara Lab 23 24 Dcc 27 0«t 2t D«t FCL,
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      Page 27 Advertisements Column 2
      443 27 SINGAPORE AGENT: P4O Containers (Singapore Agencies) Pte Ltd 4JL% 9 illlllHlllCra 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number: **********02 I We Wish All k Our Business Associates, g Customers And Friends j| A Merry
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      Page 28 Advertisements Column 1
      564 28 ijA EKA JAYA AGENCIES VlaT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE □JITAHMAH TBAK PAPER 1 hAMPftIQHt/PIBECT 1 WEE una mhwbhw W cm MIHH CITY HEWWY HOE 2H0>14 717MW/WIW4 KELVIN CHAW 11M2S M*****/S3M2W ►TO MYANMAR/YANGON »< SEMI CONTAINER SERVICE |S|j3jjj[7' M OCEANLINES VSL/VOY STOW WW 30 12
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      Page 28 Advertisements Column 2
      1222 28 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FDR VSI SHI IM HAUL SEA YVR POX FOB VSI 5 IIWE HAUL R HANJIN BREMEN 010E 24/12 HttCT 13/1 14/1 15/1 HANM BREMEN 010E 24 12 M PROGRESS 030E 27/1 21/1 30/1 HANJIN HAMBURG 01SE
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      Page 28 Advertisements Column 3
      1437 28 d I rl "TiTEn^ Irn w ix wg uc m 111 09 m sic no lu ae in htclm m mi nr ik ps c« k scp I GRAM)«M7 71 12 al2 3/1 VI 7/1 11/1 U/l 13/1 14/1 IC/1 15/1 2S/1 J/2 11/2 12/2 22/2 23/2 24/2 2S/2 2*
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      Page 29 Advertisements Column 1
      1014 29 aass NEPTUNE ORIENT LINES LTD Wishes ALL OUR CLIENTS MERRY CHRISTMAS \S3k jSI HAPPY NEW YEAR&I ICENTENARY SHIPPING SERVICE ItWKI WEXLT nAICOffTMNOI DMECtfBWKII siawott/wocHi mwictn frwtteCM—*CHy «IKH HAME VOY. WW S PONE ~1 MCMC I WIW SAMON CONCORDE 1237 WPT *0* 27/13 11/12 BALTMAJI ONION 23N/S SUN 24/12 WfD 2«/12
      1,014 words
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      Page 29 Advertisements Column 2
      1109 29 0 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 MSgOk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****86 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 WIMW n AGENTS: KL: 03-*****75/697 PKLG: *****43/ *****40 OlllWV
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      Page 30 Advertisements Column 1
      1473 30 AS AGENTS: "IT LIIK (SIN6APORE) PTE LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL JKT *****08 FEEDER wsai »OV *VOO fK/PEN
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      Page 30 Advertisements Column 2
      737 30 PHILI ORKNT LINGS PT€ LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER 0F THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PAC IRC FCL/LCL SERVICE 30 DEC SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 25 DEC AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER.
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      Page 30 Advertisements Column 3
      300 30 GOLDEN LINE A *6 <?V GUAN GUAN SHIPPING U£%X\ (PTE) LTD w*• 23, Tetak *ym Street SMGAPOK 0104 TEL SJ439U (10 IOCS) fa: *****04 (CD No 1012W*****W) »TIIAIT»/»EK»IAM CPU MKTICI S pore P Ketang Penang GOUKM HARVEST fcaradx Dubai 4/0 ta COLDER STM Karachi (Mia 22/24 la CHH4A IMTICI GOLDEN
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      Page 31 Advertisements Column 1
      996 31 SSSgfIH PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO: **********06 I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SINO MARINE 27N ***** 28/12 1/1 KOTA SABAS KSB3IN 28/12 29/12 2/1 EQUATOR RUBY 23N 29/12 1/1 5/1 KOTA
      996 words
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      Page 31 Advertisements Column 2
      1044 31 VESSELS VOT SPORE HAACUR6 ROTTEROAM ANTWJtf THAKS U HWW WLLE D »QUI» 7531W 21/1? ?3 01 2b 01 ?6 01 ?l JJ 30 01 WLLE 01 TUCAMA M3IW 03/01 27/01 20/01 30 0 1 31 01 0? 0? MUE DE 111* 7731W 12/01 04 ot/«? 07/0? 00/02 10/02 WLLE DC
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      Page 31 Advertisements Column 3
      396 31 BSfl jl M MYANMA pBMk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN V2O4W 30/ 1 Jan WA AN VI97W 5/ 7 lan PAGAN V2OSW 17/19 Jan MAUrSU AGENTS BOUSTEAD 9VPMG AGENCiS All IU 03 *****00 PKI TEI 03 36K767 PEN TEI 04
      396 words
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      Page 34 Advertisements Column 1
      2581 34 Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Gnan Guan Shipping Sdn Bhd Clung CMao Skipping Sdn Bhd P.T. Gbkal Patra Indonesia Maritime Costar Shipping Pte Ltd Stim Cootre S* SM 5I Pcriiaraa Una Lot 3.34, 3rd Deer, Jt. IP. H. haada 111/23 D E 2 Moth
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      Page 35 Advertisements Column 1
      645 35 i (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) p N |j *****| HI M^MmTTrrTTTTWT^M GOTHENBURG/SCAN 27/12 ROTTERDAM 27/12 AARHUS/COPENHAGEN 27/12 HAMBURG/BREMEN 27/12 MARSEILLE/FRANCE 28/12 FELIXSTOWE/UK 25/12 fc BARCELONA/SPAIN 30/12 LEHAVRE/FRANCE 25/12 f GENOA/ITALY 04/01 ANTWERP/BELGIUM 27/12 IMilk illllTilMilTJk IH 1
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      Page 35 Advertisements Column 2
      1009 35 1 11l >j VESSEL I=l 2J= =5-! VESSEL VOV SIN PEN I 1 CHAIYA BHUM 318 Fri_ IN FT Tw 28/12 P£JA BHUM 2205 Fri IN PT Sat j»/12 M| [VESSEL VOY SIN BKK I BHATRA BHUM 088 Sgj_ 2S/12 Wad 28/12 p gtWABA 13H Fri IN PT Tin 28/12
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      Page 35 Advertisements Column 3
      627 35 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS PONCNAMA LINE msa f~« p* m n m nc HONGKONG GLORY V3I3N 31/12 VI 4/1 14/1 14/1 mklmT mm n/i 12/1 21/1
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      Page 36 Advertisements Column 1
      1702 36 ILAJMN 66NTAlNteh UNES 1 hNT/V^Agents: MAC-NELB SPORE: *****22 (24 UNtS) LJV/ Km Mo: **********0 C SIBU (064) *****9 KUCHtNQ (083) *****3 PENANG: (04) *****8 BANGKOK (882) *****67 MANILA (832) *****81 P.KELANGL (03) *****77 JAKARTA: (21) *****07 3LWABAVA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 28/12
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      Page 36 Advertisements Column 2
      181 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta it* ii* SMK FORT KEIMK NMNG BUI UK 3/1/94 loading tci MUte ■tUVU HUCHU S/lm oKctu(|n| and ludnf tof Bombay DOMW 28 12 LoadMig Fof Male noftii sum* 15/1/94 Loading Fo( Malt UMCEDH SAILED Loadmg Fot Mai* rtO6»S3 181*1? M PORT
      181 words
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      Page 36 Advertisements Column 3
      993 36 f JSL THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I Vx 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JtNHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY ""STORE MST VESSEL IvOT IS'POtt IPEST EQUATOR 111 110/3E 28 DEC KUCHING
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      Page 37 Advertisements Column 1
      814 37 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCtPIHC Btt.MBU.KSOC CMGOtS TO FROM KOtt. YOKOHAMA NAGOYA. MOI. TOKYO*. MMW.A* DAVAO* Penanj* P. Kelanj Singapore E'hhu* SHAPIAEVERETT VISE Wt/25 Dec 26-27 Dec IVYEVERETT V7E 19/20 Jan KARABfVERETT VISE 27/28 Jan 29/30 Jan 01/02 Feb ACCEPTVK BttAKBUK FCL SOC CARGOES TO FROM CMTTAGONG CAICUTTA
      814 words
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      Page 37 Advertisements Column 2
      366 37 Pi GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO TIMBER TRADER 19/12 22/12 28/12 TIMBER GLORY 30/12 5/1 SP PKL HCM HK KAO GLORY SELATAN VII 20/12 22/12 29/12 •ALSO LOADING IN SINGAPORE
      366 words
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      Page 37 Advertisements Column 3
      524 37 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vtssn KJUMCrt BOLAM IXHW n/X2 07/01 HYDtJIABAD 125-HW 13/01 22/01 Igjjgg 13t-HW 2t/01 04/02 mtaww io»-mi 04/02 14/02 FAR EAST CONTAINER SERVICE ONLY KSStI VOT 'sm "hkg"" bsm "os» iwg tok KAGHAN IOVOW 02/01 14/01 22/01 10/01 MAM AM 144
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      Page 37 Advertisements Column 4
      530 37 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSCI SIN DURBAN P ELIZABETH FEN HE/33 04/01 20/01 23/01 MUA LI HE/47 19/01 04/02 07/02 ACCEPTS CARGO TO tOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL sm MOS SIN TIGER BRIOGE V 279* 28/12 01/Ol 06/01
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      Page 37 Advertisements Column 5
      205 37 SIN FAR EAST 28/12 KEELUNG KAOHSIUNG 01/01 BANGKOK 02/01 MANILA/CEBU 02/01 JAKARTA/BELAWAN/SURABAYA 02/01 PORT KELANG/PENANG/E. MALAYSIA 02/01 BUSAN 02/01 TOKYO/YOKO/KOBE/NGO/OSA 02/01 HONG KONG S|N CHINA 02/01 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SjN EUROPE/UK 27/12 LON/FLX/LVP/SOU 27/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgana/Czech. SIN USA/CANADA 02/01 LOS
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      Page 38 Advertisements Column 1
      796 38 HONG KON6/CHINA 29/12 JAKARTA 02/01 BANGKOK 29/12 MANILA 02/01 BUSAN 02/01 KEELUNG 02/01 TOKYO/KOBE 02/01 KAOSHIUNG 28/12 PORT KELAN6/PENAN6 02/01 YOKOHAMA 26/12 COLOMBO 30/12 FELIXSTOWE/HAMBURG 02/01 CHITTAGONG/MAORAS 30/12 ROTTEROAM/LE HARVE/ANTWERP 02/01 BOMBAY/KARACHI BARCELONA. MARSEILLES. GENOA 26/12 LAX/NYC 02/01 SYDNEY/MELBOURNE 30/12 CMT LINER EXPRESS AGENCIES PTE LTD ttHgHIII HOT-LINE 22-007-22 For
      796 words
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      Page 38 Advertisements Column 2
      318 38 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 10TH JANUARY ACCEPTING TO ALL NEW ZEALAND PORTS PEMAMG 30 DCC JAKARTA 28 DEC PORT KLAN6 31 DEC BANGKOK 1 JAN HON6KONG 2 JAN MELBOURNE 31 DEC SYDNEY 31 DEC I GOTHENBURG 01 JAN j 'ACCEPTING TO ALL SCANDINAVIA PORTS COLOMBO 28
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      Page 38 Advertisements Column 3
      440 38 Next Week's Sailings Singapore* I To: ETD II To: ETD ""SiaSJamS^ Singapore Singapore ,so 9002 BV L*QA EVERY EVERY Bangkok SUN Jakarta SUN CL). EVERY EVERY /^s^\l Manila SUN Ho Chi Minh FRI (Pj EVERY EVERY Colombo TUE Limassol THUR LJ-LJ| HTER NATIONAL SEA FREIGHT FORWARDING M% Tel: Fax: AND
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      Page 38 Advertisements Column 4
      180 38 m 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/ FELIXSTOW E/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to KL. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
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      Page 39 Advertisements Column 1
      1187 39 0 crystal freight services pte ltd Am TEL N0: *****88/*****88 A. FAX; *****88 ASIAN POUTS HEW ZEAiJUiO/ABSnmiA CTMPI RANRKOK Pfi/1? AUCKLAND 26/12 ANTWERP 27/12 RUSAN ?8/l? ADELAIDE 6/1 FELIXSTOWE 1/1 HONGKONG 28/12 BRISBANE 30/12 HAMBURG 27/12 IAkAPTA op/io FREMANTLE 31/12 ROTTERDAM 27/12 Jnr\/Mi I n co/ Ic. ninil SURABAYA 28/12
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      Page 39 Advertisements Column 2
      198 39 37 GINZA ORIENT SHIPPING CO, S.A. (GOSCO LINE) VESSEL VOY SIN VANGON GINZA ORIENT 04/N I S JAN 5 10 JAN STAR OS/N 8 7 JAN 10-12 lAN FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAMER DEEPSEA SERVICE VESSEL VOY SIN ANTWERP TBN 01/N 28/31 DEC 20-25 lAN MCA/ST rtTERSBUIC (LDMKSAO)/MOSCOW
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      Page 39 Advertisements Column 3
      247 39 |C CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE NQ.2O PORTS VOY BUENOS MONTEVIDEO I DURBAN"] JAKARTA SINGAPORE HONG KOMGI MMMM YOKOHAMA* VESSELS <UW£S"' PCKAWBST EBO3 SAILED SAILED SAfcED SAILED SAILED SAILED lAIED PRtOZERSK £804 SAILED SAILED SAILED 14-16/12 21/12 26/12 DO PUBAN PAVLOCRAD EBQ6 SAILED SAILED 22/12 08 10/01 OSQ6/Q1 16/01
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      173 39 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.4 1.3 1.3 1.5 1.7 2.0 2.3 2.4 2.5 2.4 2.1 1.9 1.5 1.3 1.1 1.1 1.1 \2 1.4
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      Page 39 Miscellaneous Column 2
      121 39 TODAY'S WEATHER AND SEA CONDITIONS LICIHO R Thunderstorm •<. X\ Ihm„ Weother —S Wind drection with speed m knots V *£U Sky Wo..^ Sarfoct wads or* mdKoted by vrowi wtwck Hy mitt the wind One hJ crct* represents calm of hght and vonobte »rxh One half Heche represents 5 knots
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      Page 40 Advertisements Column 1
      633 40 5 VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 69N8 24/12/93 01/01/94 VIGOUR SINGAPORE 69ANB 27/12/93 01.01. 94 E^ l¥ VIGOUR PACIFIC 9401N 31/12/93 08 01/94 fRD T MurtMT wlff eAifjy ttjvici VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR SINGAPORE 69N8 24/12/93 26/12/93 27/12/93 PENANG JAYA 824 27/12/93
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      Page 40 Advertisements Column 2
      293 40 @APPENSHIP (S\ HAMBURG \i\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR FORUM AKASAKA ANTWERP OS. 1193 In Port HARMONY SEA 13.1193 In Port FRUITION ANTWERP 23.11.93 SPORE 6/1 BKK 11/1 KOALA CONTAINER LINE SPORE FIX HAM ROT LEH
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      Page 40 Advertisements Column 3
      411 40 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzttou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      Page 41 Advertisements Column 1
      981 41 I HYUNDAI f WESTBOUND TO EUROPE BKG: *****61 I VESSELS VOY I PHA I PKE I PCO I VESSELS VOY ISW RTM MIT* LEH* HAM MX FEL I NOR MALACCA 9351 A 20/12 21/12 23/12 SI FREEDOM 308W 27/12 14/01 14/01 15/01 16/01 16/01 18/01 I HMM ADVANCE 034 A
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      Page 41 Advertisements Column 2
      463 41 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUNP VtSSELS nsstl MY Sf lie COMIC TRUER 42 M/li M/ll SERI ARUSIR 12 4/1 1/1 COSMIC MASTER V2l 1/1 TROW Mi N/1 EASTERN HAH V2I 1/1 »/l RtIUM *24 11/11 »/l MAKE SIT 114 7/1 1/1 11/1 EASTERR RtBT VI
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      Page 41 Advertisements Column 3
      844 41 JEDDAH/UK/CONmNEKT STORE ED S TON KBURG ADAM LEH Abo Acccpto* Carp Fw HOECHST EIPtESS 12/350 25/12 3/1 11/1 14/1 lt/1 lt/1 SwUiavtai to MUR d«WuHon. M»l mi Out* DANUBE 11/151 29/12 15/1 11/1 21/1 Rrttartan :to rf Aahw». AmtorAaa. o*. MM RAGA 33/152 5/1 22/1 25/1 27/1 Wh**to« :torf IB
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      Page 42 Advertisements Column 1
      64 42 pp3 Tomorrow in Business Times FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CURRENCY ADJUSTMENT FACTOR As a result of the 4th Quarterly review of currency values the CAF from AWRA will be reduced to 1.00
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      Page 42 Advertisements Column 2
      7 42 J INVESTMENT 1 Tomorrow in Business Times
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