The Business Times, 29 December 1993

Total Pages: 44
1 44 The Business Times
  • 13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday December 29 1993 75*
    13 words
  • 2am LATEST
    • 59 1 Reuter NEW YORK Blue chip stocks inched off from their record high yesterday, but the broad market managed to score slight gains. The Dow Jones industrial average was down 0.84 point at 3.792.09 at Ipm EST. Gains led losers 9-8 on the New York Stock
      Reuter  -  59 words
    • 56 1 KnightRidder WASHINGTON The United States budget deficit should narrow to about USSI9O billion (*****.1 billion) in fiscal 1995. "far lower" than earlier anticipated. Treasury Secretary' Lloyd Bentsen said yesterday. He added that the Ciinton administration's programme to cut the budget deficit
      Knight- Ridder  -  56 words
    • 59 1 AP FRANKFURT MercedesBenz. which built half of its trucks this year at plants outside Germany, plans to expand its foreign-based production of commercial vehicles, a company spokesman said yesterday. Confirming a report in the Frankfurter Allgemeine Zeitung, the spokesman said the company plans to
      AP  -  59 words
  • 106 1 Stock market indices Tundat Change ST11 1392.37 +1.1.94 KLSE Composite...1.223.05 +1'.77 Nikkei 17.131.21 +31. 33 HangSeng 11.570.2 +530.38 SET Index 1.652.69 +44.57 Jakarta Composite ...572.57 +6.63 CLSA China B 1.376.35 +16.59 Aust All Ord .closed FTSE 100 closed I uesda> Previous 1pm close Do* Jones 3.792.09 3.792.93 Exchange
    106 words
  • 381 1  -  By Quak Hiang Whai SINGAPORE The feverish year-end buying spree continues unabated as Asian stock markets, led by the return of the booming Hongkong bourse, surged to record levels again yesterday. Back from its prolonged Christmas holiday break, the Hongkong bourse roared
    Source: Bridge Info  -  381 words
  • 507 1  -  By Rahita Elias SINGAPORE Keppel Corp yesterday clinched joint ownership of the Philippines' largest shipyard, beating compatriots Jurong and Sembawang shipyards which had made an earlier bid. Keppel teamed up with Philyards Holdings to secure Philippine Shipyard and Engineering Corp (Philseco). Philyards, a
    507 words
  • 478 1  -  By Ramesh Divyanathan SINGAPORE Buyers of large cars are unlikely to enjoy a respite from rising Certificate of Entitlement (COE) premiums. Dealers believe large car premiums may reach the $70,000 mark from the previous month's $60,000 levels, but are unlikely to
    Compiled by BT  -  478 words
  • 394 1 Reuter JAKARTA Indonesia's state-owped telecommunications giant PT Telkom wants to list on Jakarta's booming stock market next year, a move which brokers say could kickstart the government's stalled privatisation programme. Telkom finance director Muljohardjoko said yesterday that the government will decide soon if
    Reuter  -  394 words
  • 571 1  -  By Joseph Rajendran SINGAPORE The government has created a $1 billion fund to build clusters of manufacturing companies that will give the Republic a crucial edge in the next few years. Trade and Industry Minister S Dhanabalan said last night the
    571 words
  • Page 1 Advertisements
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      246 words
    • 20 1 i Regional Analysis: Pg 7 Breakup of India's powerful families Business links between Singapore and India grow deeper, Page 11
      20 words
    • 11 1 Hock Lock Siew: Pg 13 yr\ An automotive giant in tfh^ftkmg
      11 words
    • 97 1 The Bottom Line: Pg 12 Rggfoang law and order in the US Full reports, Pages 20-24 Editorial: Asia's prospects in 1994, Page 10 |*'(OODOLD*| FASHIONED FUN. HIM 5." English and Chinese all-time favourites performed 'live 1 H B Drinking and dancing. Fashion show every Monday and Thursday. H Yellow Ribbon
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 379 2  -  By A J Leow LOCAL HOTELS continued to benefit from the growing number of tourists coming to the Republic last month. According to figures released yesterday by the Singapore Tourist Promotion Board, the average occupancy rate (AOR) for the hotel industry hit 87.3 per cent,
        Source: STPB  -  379 words
    • 445 2  -  PM Goh's visit to Thailand From Loh Hui Yin in BANGKOK SINGAPORE and Thailand are gearing up to explore ways to enhance bilateral trade and cooperate on international investments in the new spirit of partnership that is being forged. For a start,
      445 words
    • 423 2  -  By Juliette Walker THE ASIA-PACIFIC's high-flying aviation market fuelled a 6.2 per cent climb in Singapore's aerospace sector this year despite the world slump in civil aviation and defence spending. Chow Tat Kong, deputy director of the Economic Development Board's Aerospace Group, said
      423 words
    • 374 2  -  By A J Leow ANOTHER land pared in the emerging residential hot spot of Hillview Avenue is being oflered for sale by tender today. Based on recent sales of other nearby rezoned industrial sites, the freehold 6,800 sq m factory plot at 92
      374 words
    • 227 2 NTUC Comfort Holdings, the parent of Singapore's largest taxi operator NTUC Comfort, will include its overseas investment arm in its plan for a public listing next year. The inclusion of NTUC Comfort International will make the initial share offer bigger than was
      227 words
    • 405 2  -  By Anna Teo A GROUP of professionals have got together to form a citizens' think-tank to look at policy issues from a politically non-partisan angle. Calling itself The Roundtable, the 10-strong group yesterday filed registration papers with the Registry of Societies. "We're just a collection of
      405 words
  • Page 2 Advertisements
    • 253 2 fj I *-~~s— ......r.. m mJ^m^mJ^— .M—^..—..—■ (feoff s/jese /jnia yfT/jf? spma/iaS] j CUPER DELUXE TOUR A fjj W <=>&P 1° February 94 f\ Ojk ;\l 7 SIA direct flight to Beijing, Shanghai //If} r M i Guangzhou on Business Class [j Enjoy Imperial banquets of the Chinese emperors Ifc
      253 words

  • THE REGION
    • 330 3 Reuter JAKARTA Approvals for foreign investment in Indonesia fell by 22.4 per cent to US$B billion (5512.7 billion) for the year to Dec 27, putting added pressure on the economy and prompting calls from bankers for more deregulation. The fall in investment approvals, from US$lO.3
      Reuter  -  330 words
    • 47 3 Reuter MANILA A billboard calling for a gunless Philippine society attracted the attention of a Filipino passerby in Manila yesterday. The billboard was put up by a civic group which says the proliferation of guns has contributed to violence in Philippine streets. Reuter
      Reuter  -  47 words
    • 151 3 AFP HANOI The national assembly has adopted Vietnam's first laws to protect the environment, the Communist Party daily Nhan Dan newspaper said yesterday. The bill was approved on Monday by 325 of the 349 delegates present, the newspaper said. The law aims to prevent
      AFP  -  151 words
    • 436 3 AFP MANILA The Philippine military plans to reduce its ranks by a third in the coming years in order to save enough money to help pay for an ambitious modernisation programme for defence. "Modernisation will call for a slight reduction
      AFP  -  436 words
    • 239 3 Bernama KUALA LUMPUR Prime Minister Mahathir Mohamad said he was confident Malaysia would record good economic growth next year. The prime minister said he was convinced the Malaysian economy would remain at least at the current level of growth and would not
      Bernama  -  239 words
    • 378 3 BANGKOK Thailand's exports could top one trillion baht for the first time next year if they meet targets set by the Commerce Ministry, and they could show further diversification. the Bangkok Post reported. Following consultations with the private sector, the
      378 words
    • ASIA NOTES
      • 95 4 AFP TAIPEI Taiwan is to ban local firms from raising money on local stock or bond markets to use for investment in mainland China projects, an economic official said yesterday. A draft revision of rules governing mainland investments which becomes effective on Jan 1
        AFP  -  95 words
      • 90 4 Bloomberg Business News BANGKOK The Thai government agency in charge of television broadcasting has approved in principle nationwide pay-for-view broadcasts. Presently, pay-for-view programming is restricted to Bangkok and five surrounding provinces. At a board meeting on Monday, directors of the Mass Communications Organisation of
        Bloomberg Business News  -  90 words
      • 96 4 Reuter TOKYO Small and medium-sized Japanese businesses, especially those in the car, consumer electronics and capital invest-ment-related industries, expect their sales and profits to drop more sharply over the next three months, according to a Smaller Business Finance Corporation survey yesterday. Although public construction-related
        Reuter  -  96 words
      • 93 4 AP TAIPEI A Chinese airliner was hijacked to Taiwan yesterday, the third this month and the 10th since April, the military said. Taiwan yesterday returned a hijacked airliner with 47 people on board to China, but kept a married couple who had allegedly diverted the
        AP  -  93 words
      • 110 4 AP SEOUL South Korea's economy, recovering from a four-year recession, will grow by 7 per cent in real terms next year, a government think-tank said yesterday. It compares with a 5 per cent growth forecast for this year and a separate prediction of
        AP  -  110 words
    • 226 4 AP NYT SEOUL North Korea is eager to develop nuclear weapons but does not appear to have one yet, South Korea's president said yesterday. The remarks by Kim Young Sam came in response to reports that a classified US Centra)
      AP; NYT  -  226 words
    • 412 4 AP AFP Reuter BEIJING China plans to raise its electricity prices over the next few years to a level that better reflects supply and demand, an official newspaper said yesterday. The China Daily quoted Power Industry Minister
      AP; AFP; Reuter  -  412 words
    • 121 4 Reuter BEIJING Pakistani Prime Minister Benazir Bhutto (second from right) attending a wreath-laying ceremony in Beijing's Tiananmen Square yesterday. China yesterday rejected the visiting premier's request to play an active role in resolving her country's dispute with India over
      Reuter  -  121 words
    • 301 4 Reuter Bloomberg Business News TOKYO Japan's prolonged recession pushed the unemployment rate to its highest level in more than six years, a seasonally adjusted 2.8 per cent in November, the government announced yesterday. It inched up from 2.7 per cent in October,
      Reuter; Bloomberg Business News  -  301 words
    • 481 4 AP Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao will reshuffle his Cabinet and fire ministers aeeused in a bil-lion-dollar securities scandal, political sources said yesterday. But officials in the governing Congress Party indicated that Mr Rao will reject the offered
      AP; Reuter  -  481 words
    • 429 4 Reuter BEIJING The twin spectres of inflation and failing state industries still hang over China's booming economy, which has just racked up its second consecutive year of high growth. China's economic boss, Vice-Premier Zhu Rongji, has demanded the price of grain be brought
      Reuter  -  429 words
    • 225 4 Reuter BEIJING Chinese foreign trade firms will no longer be obliged to hand over foreign exchange earnings under currency reforms set for 1994, Foreign Trade Minister Wu Yi said on Monday. The reforms are part of Beijing's ambitious plan to boost
      Reuter  -  225 words
    • 454 4 Bloomberg Business News TOKYO A common link in recent large corporate bankruptcies in the Osaka area of western Japan has been excessive involvement in golf course development projects. Hitoshi Ichiyo, general manager of the Osaka office of Yamaichi Research Institute of Securities and
      Bloomberg Business News  -  454 words
  • Page 3 Advertisements
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      165 words

  • Page 4 Advertisements
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  • THE WORLD
    • 480 5 Reuter NEW YORK Despite a surge in last-minute shopping, the final week before Christmas was not the bonanza some American retailers hoped for, causing one influential analyst and some retailers to slightly lower estimates for the season. Edward Johnson, publisher of
      Reuter  -  480 words
    • 213 5 Reuter WASHINGTON United States Trade Representative Mickey Kantor on Monday certified that progress was being made to improve workers' rights in seven developing nations, averting a threat of duties on some of their exports to the US. The benefits come under
      Reuter  -  213 words
    • 63 5 Reuter JERUSALEM Nathan Sharansky (left), president of the Zionist Forum, watching on Monday as Russian immigrants beat an effigy with a floor squeegee. Several hundred well-educated Russian immigrants marched to the Prime Minister's office demanding better employment opportunities. Each immigrant is carrying a floor squeegee, symbol
      Reuter  -  63 words
    • 586 5 AP HOBOKEN, New Jersey This mostly working-class community across the Hudson River from New York, perhaps best known as Frank Sinatra's hometown, also is home to what could become the rebirth of American manufacturing's supremacy. The Stevens Design and Manufacturing Institute,
      AP  -  586 words
    • 327 5 Reuter ZURICH Switzerland is confident that the United States government will grant its latest request to export USorigin nuclear fuel for reprocessing. an energy ministry official said yesterday. "We are still confident that the request will be accepted." Beat Wieland. deputy head of
      Reuter  -  327 words
    • 333 5 Reuter BONN Germany is proposing to delay ambitious standards for recycling paper and plastic packaging, in part to appease critics among its European Community partners, officials said. Draft legislation presented by Environment Minister Klaus Toepfer yesterday will postpone the deadline for
      Reuter  -  333 words
    • 372 5 Reuter BONN A German cabinet minister said yesterday that the country should say goodbye to recession in 1994 but business groups warned that it was still premature to talk of a real recovery. Economics Minister Guenter Rexrodt proclaimed the recession was over
      Reuter  -  372 words
    • WORLD WATCH
      • 114 5 Bernama-Kyodo MOSCOW About 15 per cent of Russia's territory is an environmental disaster zone. Russian Environment Minister Viktor Danilov-Danilyan was quoted as saying on Monday by ItarTass news agency. Mr Danilov-Danilyan, calling the environmental situation in Russia "very serious", said only one-fifth of toxic industrial waste
        Bernama-Kyodo  -  114 words
      • 94 5 Bloomberg Business News NEW YORK Consumer confidence in the United States rose to its highest level in almost two years in December in a sign that American consumers are more secure about their jobs, the economy and in their expectations for the next six months,
        Bloomberg Business News  -  94 words
      • 102 5 Bloomberg Business News PARIS The French government is trimming income tax due in the first four months of next year as part of a wider tax reform, the Economy Ministry said yesterday. The cut is a one-time measure, not a permanent reduction in the tax
        Bloomberg Business News  -  102 words
      • 101 5 Reuter WASHINGTON The United States on Monday acknowledged that foreign subsidiaries of American companies may get around sanctions aimed at curbing business with Libya. State Department spokesman David Johnson said that as a result, the administration has recently pressed US allies to ensure enforcement in their
        Reuter  -  101 words
      • Article, Illustration
        45 5 Reuter SYDNEY Ray "Scooter" Springett watching Duffy, his sevenmonth old pet rabbit flicking water from her paws during a summer surfing session in Sydney Harbour yesterday. BufFy, who accompanies "Scooter" everywhere, is a keen surfer but has yet to ride ocean waves. Reuter
        Reuter  -  45 words
      • 109 5 Reuter LONDON Prince Charles is holding talks with the government on becoming a royal ambassador for British business, a British Cabinet minister was quoted as saying yesterday. Trade Minister Michael Heseltine told The Times that the talks were intended to help define a precise role
        Reuter  -  109 words
  • Page 5 Advertisements
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      155 words

  • SPORTS
    • SPORT SHORTS
      • Article, Illustration
        104 6 Reuter Reuter MILAN, ltal> Late Croat basketball great Drazen Petrovic was honoured as the best European player of 1993 in the yearly survey by Italy's largest sports daily Gazzetta Jello Sport of Milan. Petrovic. who played with the New Jersey Nets in the NBA, was killed in a car
        Reuter  -  104 words
      • Article, Illustration
        120 6 AFP SEOUL South Korea's Bvun Jong II yesterday appealed against a controversial split decision which cost him his World Boxing Council (WBC) bantamweight title at the hands of Japan's Yasui Yakushiji last week. Byun. 25, submitted video tapes of the 12-round title bout in Japan on Dec 23 to
        AFP  -  120 words
      • Article, Illustration
        149 6 Reuter MELBOURNE Australia and South Africa endured more frustration as rain washed out the afternoon session on the third dav of the first test yesterday. With only two full days remaining, the match at a damp Melbourne Cricket Ground appeared certain to end in a draw. Australia. 71 for
        Reuter  -  149 words
      • Article, Illustration
        37 6 Reuter NEW YORK Results of games pla>ed on Monday: Philadelphia 2 Buffalo 0; Boston 5 Ottawa 3; Chicago 5 Toronto 2; Detroit 6 Dallas 0; Montreal 5 St Louis 2; Edmonton 6 Winnipeg 0. Reuter
        Reuter  -  37 words
      • Article, Illustration
        121 6 AFP MANILA President Fidel Ramos in a statement issued here yesterday. called on Philippine athletes to produce the country's first Olympic gold medal at the next Games in Atlanta. However, he also admitted that "today's sports development programme needs a lot of reworking, not just warming over", in a
        AFP  -  121 words
    • 605 6 Chargers deny Dolphins a play-off spot for now AP SAN DIEGO Start Humphries threw to the right guys and Scott Mitchell didn't, meaning San Diego got its revenge and Miami didn't get its play-off spot. Humphries threw three touchdown passes in a span of 8:40, two to Anthony Miller, and
      AP; Reuter  -  605 words
    • 569 6 Sydney-to-Hobart yacht race AP Reuter SYDNEY. Australia Leader Brindabella was forced to retire from the storm-ravaged Sydney-to-Hobart yacht race yesterday after damaging its bow. The French-crewed BobsledSocieie Generate, which earlier yesterday had trailed Brindabella by 30 nautical miles, took over the lead
      AP; Reuter  -  569 words
    • 341 6 AP MELBOURNE. Australia Australian John Fitzgerald defeated countryman Pat Cash 6-7 (6-8), 6-0. 6-3 yesterday, spoiling the former Wimbledon champion's return to singles play after a 12-month layoff. Cash, the 1987 Wimbledon champion, pulled out of this event the round-robin Colonial
      AP  -  341 words
    • 33 6 Reuter PARIS Japanese driver Ken Shinoiuka in his Mitsubishi getting underway for the start of the Paris-Dakar-Paris rally at the I rocadero in Paris yesterday. Reuter
      Reuter  -  33 words
    • 600 6 Reuter ST LOUIS. Missouri The defending Stanley Cup champions found firepower from an unlikely source on Monday as Montreal heats the Blues 5-2. Guy Carbonneau scored his first hattrick in nearly 11 years to fuel the Canadiens' victory on a night that saw three National
      Reuter  -  600 words
  • Page 6 Advertisements
    • 134 6 Scholacship Guide The choice of scholars Timed for publication in midFebruary, when students awaiting their GCE results begin to enquire seriously about the scholarship opportunities available, the Scholarship Guide '94 is the ideal medium for organisations to reach aspiring scholars. The Guide enables major public and private sector organisations to
      134 words

  • REGIONAL ANALYSIS
    • 1386 7  -  The rise and fall of (he region's family empires MICHAEL HAMLIN MICHAEL HAMLIN The writer is editor-in-chief of The Asian Manager magazine published hy the Asian Institute of Management (AIM). Prof Hamlin is also the institute's vice-president for external affairs Special to BT THE NAMES of
      1,386 words
    • 906 7  -  DILIP THAKORE DILIP THAKORE I he writer was thejoundir editor ot India v two top business magazines. Business India and Business II orld. Special to BT INDIA'S belated economic liberalisation programme has had an unintended and largely unforeseen fallout. It has accelerated the
      906 words

  • Page 8 Advertisements
    • 1513 8 NmU Wl£ Beats A Bud, Brffi'fl WHERE to wine, dine and entertain OF L Round >_ L Princess Terrace introduces Penang Supper, offer bj I the popular Penang lunch, dinner and high tea. With some 19 items available from the menu /j surely there's something for everyone. From a ■f.
      1,513 words

  • LIFESTYLE
    • Article, Illustration
      712 9  -  After Monday night, Joyce Quek has become an even more faithful follower of the crooner Joyce Quek "Let the music lake me. take me to a brighter day NEIL Sedaka's performance at the Singapore Indoor Stadium on Monday quickly brought to mind the recent appearance of two other
      712 words
    • 507 9 CHATTERBOX UPI UPI AP AP AP STEVEN SPIELBERG has been named the No 1 entertainer of the year by Entertainment Weekly, in the publication's year-end issue. The past year was a busy and lucrative one for the Hollywood director. He produced mega-trend-makcr. Jurassic Park, which has
      UPI; AP  -  507 words
  • Page 9 Advertisements
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      351 words
  • Page 9 Miscellaneous
    • 1176 9 TV RADIO and of course. Genting High- Sylvester Stallone finds that it takes more than good behaviour lands and its casinos. to get out of the Lock Up, 10.30pm, SBC 5 1.00 Close. World. SBCIZ 12.10 AM Close. 7.30 PM Your Child 6-12 (Ste- SBCB reo). 3.00 PM Starting Over
      1,176 words

  • 547 10 EDITORIAL THE prognosis that the world economy will, at long last, see a pickup in growth in 1994 is welcome news indeed. Much of that growth will happen in this part of the world, but the best news for Asian nations is the clear signs of
    547 words
  • WHAT THE OTHERS SAY
    • 191 10 TAXI DRIVERS have sought a fare increase at a time when dissatisfaction with them is on the rise again and the government has just shelved plans to deregulate the service and open it to more competition. The Public Transport Council (PTC) is reported to be asking
      191 words
    • 172 10 THE RUSSIANS have three choices: supporting reforms, going back to communism, or giving people with a narrow sense of nationalism like Vladimir Zhirinovsky a chance to rule the country. Thus far. President Boris Yeltsin has provided hope. But with almost a quarter of Russians registering their
      172 words
    • 257 10 THE Suharto government has been successful in developing Indonesia's economy largely because there has bren relative political and social stability in the last 20-odd years. The older generation of Indonesians will remember the communist activities and turmoil of the '60s. But younger Indonesians who did not
      257 words
    • 231 10 ANY DEMOCRATIC ASPIRANTS who had hoped for the early passage of constitutional amendments to rid this country's Constitution of the legacy left behind by the now defunct National Peacekeeping Council (NPK.C) in the present charter must by now have resigned themselves to the fact that this
      231 words
    • 162 10 MILITARY SPENDING by Asian nations could hit US$131 billion a year within two years, according to a magazine published by New Zealand's Ministry of Defence. The December issue of Defence Quarterly states that spending by Asian nations, many with booming economies but obsolete weapons, would match
      162 words
    • 241 10 MOST government and private-sector economists, as well as the businessmen taking part in various economic seminars over the last few weeks, while optimistic about the short-term prospects of the Indonesian economy, share the same apprehension about several major threats to the foundation of the economy itself. They
      241 words
  • 1091 10  -  Big foreign money is fuelling the stockmarket boom in Taiwan. An expected further liberalisation will make things even more hectic. Anthony Rowley reports Anthony Rowley The writer, BT's Tokyo Correspondent, visited Taiwan recently Taiwan's bid to lure foreign funds dircctly
    1,091 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • 27 10 HCM cj 3 I FVJT PQIVATPL CO^^'D^HTI^L MOOJ peouT THIS Ss lS BouND r«UE. V\N/ PiRST CHRiSTfsOftS C&2D VGAR e Attoc<ATt o mwy>C«« LTO, nu im ft-dLt-,
      27 words

  • ANALYSIS
    • 1243 11  -  As India prepares to welcome Prime Minister Goh Chok Tong as its guest of honour at the Republic Day celebrations in New Delhi next month, Nirmal Ghosh finds a deepening of bilateral commercial ties which will benefit both countries immensely Nirmal Ghosh SINGAPORE and
      1,243 words
    • 841 11  -  Karim Raslan is hopeful that the release of Dr Jeffrey Kitingan after three years ot detention may be the first step in an elaborate ritual of settling political differences Karim Raslan The writer is a Kuala Lumpur-based journalist w ho
      841 words
  • Page 11 Advertisements
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  • 546 12 NYT WASHINGTON Trade relations between the United States and Japan took a turn for the worse on Monday as the two countries announced another drop in the foreign share of Japan's computer chip market, the leading barometer of trans-Pacific trade. Trade
    NYT  -  546 words
  • 273 12 Bloomberg Business News BEIJING As part of its bid to re-enter the General Agreement on Tariffs and Trade, Beijing will publish for the first time a list of products it subjects to import quotas on Jan 1, a Chinese trade
    Bloomberg Business News  -  273 words
  • 474 12 AFP PHNOM PENH Dcfcncc and security spending snared a 28 per cent share of an 890 billion riel (***** million) budget adopted yesterday by the Cambodian parliament, but the economic sector got the biggest share. The budget for 1994 accounts for 15 per cent
    AFP  -  474 words
  • 48 12 Reuter DHAKA Tribal girls performed "bottle and pitcher" dance to mark the close of week-long South Asian Federation games in the Bangladeshi capital on Monday. Nearly 1,000 athletes from Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka participated in the games. Reuter
    Reuter  -  48 words
  • 308 12 AFP Reuter TOKYO Asia replaced the European Community as the region with the biggest current account deficit with Japan in the six months to September, the finance ministry said in a half-yearly report released yesterday. The ministry said Japan's current
    AFP; Reuter  -  308 words
  • 475 12 Asahi Bloomberg Business News TOKYO An economic stimulus package being prepared for mid-January introduction by the administration will feature income tax cuts of more than 6 trillion yen (5587.4 billion) and an injection of 5
    Asahi; Bloomberg Business News  -  475 words
  • 762 12  -  The Bottom Line AM ROSENTHAL AM ROSENTHAL The writer is a columnist with the Sew York Times, where this commentary first appeared BY LEGISLATION, court decisions and national consensus, all Americans have the right to attend public schools, restaurants and theatres. to use
    762 words
  • 368 12 NYT WASHINGTON Strobe Talbott. a long-time friend of President Bill Clinton and a former journalist who was catapulted into policy-making prominence as the Clinton administration's top Russia strategist, will be named the State Department's No 2 official, senior administration officials
    NYT; Reuter  -  368 words
  • Page 12 Advertisements

  • COMPANIES & MARKETS
    • 458 13  -  By Ven Sreenivasan SINGAPORE British tobacco giant Rothmans International pic may build its new regional company with its Singapore company if plans to merge the Singapore and Malaysian operations fall through. Rothmans' bid to merge its Malaysian and Singapore units
      458 words
    • 334 13  -  By Sylvia Wong SINGAPORE Isetan Singapore yesterday reported a net loss of $3.01 million for the six months to Sep 30. Like rivals C K Tang and Metro, Isetan blamed its poor showing on keener competition along Orchard Road and said it did not
      334 words
    • 875 13  -  HOCK LOCK SIEW B) William Chia SINGAPORE Malaysia's privatisation programme has seen the overnight emergence of giant companies in the infrastructure sector such as Renong Bhd and United Engineers Malaysia Bhd. In the transport sector, there are equivalents too, such as
      875 words
    • 392 13  -  By Quak Hiang Whai SINGAPORE Tuan Sing Holdings, the latest toast of stock speculators, yesterday announced plans to develop a housing estate in Shanghai. The announcement came amid feverish buying of the company's shares on the stock market, and barely a month
      392 words
    • 333 13 SINGAPORE Thanks to a buoyant Singapore stock market, the Singapore Fund Inc. a US-listed country fund, ended its financial year on Oct 31. 1993, with a 66 per cent increase in net assets over the previous year, due primarily to investment gains.
      333 words
    • Article, Illustration
      332 13 Source: Bridge Info Performance of STII's Index stocks Dec 28 Last Sense Index Slock sale Chce factor atoters (S) Avimo 2.160 -0.010 1.32 -1.05 CAC 8900 0 050 5 46 5 26 CWT 3 040 0 040 1.86 4.21 Cerebos 8 000 0 100 4 91 10 53 FAN
      Source: Bridge Info  -  332 words
    • COMPANIES
      • COMPANY BRIEFS
        • 90 14 SINGAPORE Sun Corp shareholders approved the sale of three subsidiaries to Unieentral Corp in an extraordinary general meeting yesterday. Under the terms of a deal outlined in October, Sun agreed to sell its entire shareholding in Singapore Breeding Farm, Sun Intertrade and Sun Leisure
          90 words
        • 67 14 SINGAPORE Sesdaq-listed marine appliance supplier GRP has acquired 750,000 fully-paid ordinary shares of SSI each in Region Suppliers Pte Ltd and one million fully-paid ordinary shares of MSI each in the issued capital of Malaysia-based Region Suppliers Sdn Bhd. In a statement yesterday, GRP said
          67 words
        • 47 14 SINGAPORE One of City Developments' Malaysian subsidiaries has changed its name. In an announcement yesterday, the company said that Jamimas Sdn Bhd, a subsidiary of CityDev subsidiary CDL Hotels International, changed its name to CDL Hotels (Malaysia) Sdn Bhd on Nov 25.
          47 words
        • 43 14 Robinson Co board members SINGAPORE Robinson and Co announced yesterday that with the demise of C W Tresise on Dec 22, its board of directors now comprises Teo Cheng Guan. Tan Puay Yong, Cheong Yue Kuan, Peter N Husum and Chew Gck Khim.
          43 words
        • 36 14 SINGAPORE DBS Land has increased the paid-up capital of seven wholly-owned subsidiaries. These are: Amethyst Holdings, Emerald Holdings. Opal Holdings, Peony Holdings. Prime Equities, Resorts International and Sapphire Holdings.
          36 words
        • 28 14 SINGAPORE The Stock Exchange of Singapore yesterday queried main board-listed Guthrie GTS on the sharp increase in the turnover of its shares.
          28 words
        • 42 14 SINGAPORE Apollo Enterprises yesterday despatched the prospectus on its plans to raise about S4O million through a one-for-two rights issue. The company said the money raised would be used to reduce bank borrowings and enlarge its capital base.
          42 words
        • 68 14 AFP KUALA LUMPUR YTL Corp. Malaysia's first private electricity producer, yesterday said it plans to expand its power-gener-ation business into China and other Asean countries. The leading listed construction group was granted a licence in April in the wake of a major government
          AFP  -  68 words
      • 313 14 Bernama KUALA LUMPUR Khong Guan Holdings Malaysia Bhd has proposed a bonus issue of 15.74 million new ordinary shares of MSI each on a two-for-three basis, and a special bumiputra issue of 28.52 million shares of MSI each priced at M 53.10
        Bernama  -  313 words
      • 353 14 Bernama KUALA LUMPUR United Engineers (Malaysia) Bhd (UEM). a member of the Renong Bhd group, has estimated its consolidated pre-tax profit for the year ending Dee 31, 1993 at MS 165.37 million (*****.72 million). In a circular to shareholders relating to its
        Bernama  -  353 words
      • 283 14 Bernama KUALA LUMPUR Malayan Banking Bhd hopes to work closely with the Cambodian authorities and financial community to develop financial services in Cambodia, managing director Ahmad Mohamad Don said yesterday. He said Cambodia's drive towards an open and free market economy as well
        Bernama; Reuter  -  283 words
      • 472 14 Bernama HANOI Sapura Holdings yesterday launched the city's first pre-pay cardphone serv ice, well ahead of its French rival. The company spent M 52.5 million (SSI.6 million) on a three-month pilot joint-venture project with the Hanoi City Posts and Telecommunications (P&T) after having successfully
        Bernama  -  472 words
      • 265 14 MBT KUALA LUMPUR Stockbroking company Phileo Peregrine Sdn Bhd is expected to emerge as a listed company in place of Linatex Process Rubber Bhd by March 1994. This follows the successful conclusion of Linatex's extraordinary general meeting on
        MBT  -  265 words
      • 155 14 Bernama KUALA LUMPUR EPE Power Corporation Bhd, en route to listing on the Kuala Lumpur Stock Exchange Second Board, has forecast a prospective earnings per share of 73.52 sen for the vear ending Dec 31, 1993. Based on the offer
        Bernama  -  155 words
      • 508 14 UNIT TRUSTS FUNDS Managers' prtcM Dec 29 L mbond-f 1.06 1.09 j. United Gr Fund 1.75 1.81 Singapore Unit Trust united Asia Fund 2.10 2 isThe Commerce 1 -88 1.97 NTUC Income The Savings Fund 1.73 1.82 good Polio 4 68 4 85 S pore Prog Fund 0.77 0.81 S'pore
        508 words
      • 478 15  -  From Alan Boyd in BANGKOK SIAM STEEL GROUP, Thailand's biggest steel goods manufacturer, has announced plans for a 2.2 billion baht (SSI 39 million) expansion over the next year, including a joint venture with a Japanese electronics firm. Company president Wanchai Kunananthakul
        478 words
      • 61 15 Reuter SEOUL Traders at the Korea Stock Exchange tossing stock slips yesterday to celebrate the last day of trading for the year. The composite index closed down 7.70 points after selling by the Korea Securities Market Stabilisation Fund, but brokers expect the market to start
        Reuter  -  61 words
      • 334 15 Bloomberg Business News TAIPEI A major new stock offering by Tatung Co. one of Taiwan's largest industrial companies, received a preliminary nod of support from securities analysts yesterday. The electronics and machinery giant's board of directors on Monday backed a plan to
        Bloomberg Business News  -  334 words
      • 164 15 Bloomberg Business News TAIPEI Hwang Dih Lon Textile Co. a Taiwanese textile company, would invest USSIS million (SS24 million) in a weaving and dyeing factory in Vietnam, the company said yesterday. The facility, to be built by a wholly-owned Vietnam subsidiary, will be located
        Bloomberg Business News  -  164 words
      • 268 15 Bloomberg Business News BANGKOK Bangkok Bank of Commerce, at the centre of a stock market manipulation scandal last year, has put a former finance minister in charge of its local operations. Virabongsa Ramangkura. previously an adviser to the bank, has been appointed
        Bloomberg Business News  -  268 words
      • 468 15 BANGKOK Osothsapha (Tcck Heng Yoo) Group, one of Thailand's largest and oldest business conglomerates, has brought in an outsider Praphan Chotinaruemon. formerly Mobil Oil Thailand's executive director in its drive to compete multinational^. As managing director, Mr Praphan would be responsible for the
        468 words
      • 550 16 Reuter J LONDON With interest ••rates and economic growth at a low ebb in mature Western economies, investors are defying warnings and deserting the .safety of bank savings accounts for potentially rich pickings in exotic markets. "The real show-stopper has been the
        Reuter  -  550 words
      • COMPANY BRIEFS
        • 73 16 AFP HONGKONG The US soft drinks giant Coca-Cola has been voted the top international company in Asia in a survey by the Hongkong-based Far Eastern Economic Review published yesterday. It won top overall position and number one international firm in the categories of financial
          AFP  -  73 words
        • 80 16 AFP TOKYO Japan's Stanley Electric Co has set up an automotive lamp venture in Laos through one of its affiliated companies in Thailand, a spokesman said yesterday. Thai Stanley Electric held 50 per cent of the venture, capitalised at 1.25 million baht (S$80,000). An
          AFP  -  80 words
        • 41 16 AFP .JAKARTA Indonesia's Bank Danamon plans to float 224 million rights issues to support long-term credit expansion. The rights issues would be floated on Jan 8 at 1,500 rupiah (SS 1.13) each, a spokesman said. AFP
          AFP  -  41 words
        • 39 16 Bloomberg Business News HONGKONG Real estate group SEA Holdings said a subsidiary was negotiating the sale of some of its real estate. SEA wasn't more specific about the property. Bloomberg Business News
          Bloomberg Business News  -  39 words
      • 401 16 NYT NEW YORK Spokesmen for QVC Network Inc and Nasdaq said on Monday that they had received no unusual enquiries from the Securities and Exchange Commission about the halt in trading in QVC stock on Dec 22, just before Paramount Communications said
        NYT  -  401 words
      • 262 16 Bloomberg Business News NEW YORK R H Macy Co said on Monday that November earnings before interest, taxes, depreciation and amortisation, or Ebitda, rose 94 per cent on lower costs and better inventory management. Macy's, operating under Chapter 11 bankruptcy protection for nearly two years,
        Bloomberg Business News  -  262 words
      • 270 16 AP NEW YORK Veritas Capital Inc, a start-up New York merchant banking firm, said on Monday that it has signed agreements with Bethlehem Steel Corp and the United Steelworkers of America to buy and re-open several closed Bethlehem mills in Johnstown, Pennsylvania, and
        AP  -  270 words
    • FINANCE & COMMODITIES
      • 376 17  -  By Conrad Raj SINGAPORE The nod for the biggest loan to be booked in Labuan Malaysia's newly established international financial centre has been given to a group of Malaysian and Japanese banks. The US$25O million (***** million) loan for the
        376 words
      • 361 17  -  It is also Asia's premier derivatives supermarket By Shiv Taneja SINGAPORE The Singapore International Monetary Exchange (Simex) has received the International Financing Review (IFR) Derivatives Exchange Award for 1993. Simex clinched the award on the strength of providing cost-effective contracts in a credible
        361 words
      • 230 17 Reuter SHANGHAI The People's Bank of China denied a local newspaper report saying five foreign banks in the city would be allowed to do renminbi business next year. "This report is wrong," Zhang Yongfang, an official in the bank's Shanghai branch, told Reuters. The
        Reuter  -  230 words
      • 342 17 Bloomberg Business News NEW YORK Merrill Lynch Co ranked first among municipal bond underwriters in 1993 as the US government investigated the industry's sales practices. Merrill managed 458 bond issues totalling US$34.B billion (5555.6 billion) this year, according to preliminary figures
        Bloomberg Business News  -  342 words
      • SMALL CHANGE
        • 89 17 SINGAPORE NTUC Income announced yesterday that it has been providing normal insurance premium rates for drivers aged 60 years or older from Oct 1, this year. Previously, a loading of 50 per cent was imposed on the premium rates to elderly drivers of private cars.
          89 words
        • 66 17 Bloomberg Business News TOKYO Japanese investors bought a net US$lO.l5 billion (5516.2 billion) in foreign bonds and bought a net US$3.l4 billion in foreign stocks in November, the Finance Ministry said. Foreign investors, meanwhile, sold a net US$l.29 billion in Japanese bonds and
          Bloomberg Business News  -  66 words
        • 85 17 Nikkei TOKYO Japan's Ministry of Finance confirmed on Monday that Japanese banks may conclude netting contracts with US banks to offset mutual foreign exchange market obligations. Netting involves a written bilateral contract between two parties or more under which any obligation to each other to deliver
          Nikkei  -  85 words
        • 95 17 Reuter MANILA The Philippine central bank is studying a possible reduction in the level of required reserves on deposits banks should maintain, Central Monetary Authority (CMA) governor Gabriel Singson told reporters. He said the CMA plans to implement the cut in reserve requirements in
          Reuter  -  95 words
      • 147 17 AFP MANILA The Hongkong and Shanghai Bank said yesterday it was firing most of its Filipino employees after they refused to return to work following what the bank described as an illegal strike. Hongkongßank management said yesterday it has fired about 170
        AFP  -  147 words
      • 362 18 Newsdav NtW YORK. A Saudi Arabian sheikh and his assistant have agreed to pay US$225 million (***** million) and eooperate with proseeutors to avoid felony eharges in the Bank of Credit and Commeree International ease, it was resealed on Monday. The
        Newsdav  -  362 words
      • 650 18 LA Times LOS ANGELES An ounce of gold fetches nearly US$4OO (*****), pork bellies sell for a half dollar a pound and a bushel of soybeans goes for US$7 on the open market. But how much will a company
        LA Times  -  650 words
      • 214 18 Knight-Ridder BANGKOK Shell International Holdings Ltd on Monday paid the Thai government a 350-million baht (5521.9 million) bonus for the right to build its Thai refinery, the company's Thai affiliate said here yesterday. The bonus was stipulated in the
        Knight-Ridder  -  214 words
      • 401 18 MBT KUALA LUMPUR Despite major floods in several Malaysian states since last week, the plantation sector has not incurred extensive losses. United Planting Association of Malaysia chief executive Abdul Rahman Teh Mohamed. however, anticipates that the floods eventually will a fleet the
        MBT  -  401 words
      • 635 18 Unique history and infrastructure attract dealers from all over the world Reuter ANTWERP. Belgium The messenger drew a small linen bag from the pocket of his overcoat, untied its pink ribbon and tipped a small pile of rough diamonds worth half a million dollars onto
        Reuter  -  635 words
      • 193 18 Knight-Ridder TOKYO Aluminium demand for building exteriors in Japan is expected to decline after several months of relative strength, as the number of new construction projects dwindles, according to aluminium company officials and traders here. One official with a large aluminium producer yesterday noted that
        Knight-Ridder  -  193 words
      • 202 18 Bloomberg ENERGY REPORT NEW YORK Crude oil futures drifted lower yesterday amid lingering concerns about rising inventories heading into the first quarter, when demand usually starts to decline, traders said. Heating oil futures also stumbled after rising yesterday on expectations demand will improve
        202 words
      • 329 18 Reuter JAKARTA Indonesia. Asia's only Opec member which relies partly on oil exports for its fast-growing economy, has indicated readiness to support concerted production cuts to help shore up sinking world oil prices. Faisal Abda'oe, president of the state oil firm Pertamina.
        Reuter  -  329 words
      • 192 18 Reuter NEW YORK The dollar was easier at the US market opening >esterday. weighed down more by gravity than by any more active force. Renewed US-Japan trade frictions on news Japan's semi-conductor imports had fallen failed to excite much reaction in a holiday-thinned market, dealers said. Japan's No\ember
        Reuter  -  192 words
      • Article, Illustration
        1602 18 I rade-«riithtrd mdfy cakukued attains! Spore's top 14 iradm* panners fiav year 198 5 FOREIGN CURRENCY NOTE RATES As at 10am on D«c 28: Singapore dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I 0800 1.0970 Canadian dollar 1.1910 1.21SS NZ dollai 0 8840 0.1030 Sterling
        1,602 words
    • COMMODITIES & FUTURES
      • 1313 19 SIMEX REPORT Reuter SINGAPORE Simex interest rate futures contracts saw another day of dull, lethargic trade as the holiday season and the approach of the year-end continued to keep dealers sidelined. Euroyen interest rate futures ended steady to firmer after easing initially in
        Reuter  -  1,313 words
      • 605 19 COMMODITY REPORTS Tin TIN edged up further on strong European and Far East demand prompted by the holiday closure in Europe, dealers said. Tin closed one sen up at MS 12.10 a kg. aided also by lower ringgit against the US dollar. Volume was
        605 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 93 19 TOKYO Weak economic activity expected to last throughout 1994 will cause substantial reductions in the amount of refined lead imported into Japan next year, traders here say. "We expect to import 70-80 per cent of this year's total" in fiscal 1994-9S (April-March), said one
          93 words
        • 86 19 TOKYO The Food Agency announced on Monday that it will buy up to an additional 800.000 tonnes of rice from overseas suppliers by endMarch on top of the imports of 1.1 million tonnes announced earlier. Due to this year's unusually poor crop, the rice shortage
          86 words
        • 82 19 BOGOTA, Colombia Colombian state oil company Ecopetrol on Monday denied wire service reports that a Friday dynamiting of its Cano Li-mon-Covenas pipeline had obliged the company to declare force majeure on crude exports. Ecopetrol Export Director Enrique Lee said: "The reports are false. We had
          82 words
        • 85 19 HAVANA Cuba's sugar cane fields are in deplorable condition and workers will be reduced to using horse-drawn ploughs next year because of fuel shortages, Cuba's National Assembly was told on Monday. "The country's main objective is to realise the 1993-94 harvest as efficiently
          85 words
    • 1598 19 Rubber HAS Commodity Exchange (futures closing as at lpn) RSS I C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 94 000 000 133 00 0 0 Feb 134.50 133.25 134.00 2150 3,175 Mar 0.00 0.00 135.75 0 6.925 Apr/Jun 138.50 ***** 137.75 2775
      1,598 words
    • 2141 20 CORPORATE RESULTS Nd Earn EPS Dale TY LY TY LY (ompan> *nn (Soil (Sm) (cts) (ctt) Vcma Sep 10 I 19 517 6.006 28.3 9.7 MSB* Oct 28 P 2.095 0 334 2.04 0.3 Alliance Tech Sep 30 I 0.490L 0.150 0.5 Alex Hldgs Dec 3
      2,141 words
    • REGIONAL STOCK MARKETS
      • 575 20 -4.97 MANILA shares took a rollercoaster ride yesterday, surging at the opening then plunging on profit-taking before bouncing back to end just below Monday's closing levels, brokers said. A broker predicted the market would steady for the last trading day of the year today after the Manila composite index
        575 words
      • 538 20 10.07 Taiwan's stock index closed at a 29-month high as Financials surged but most other sectors fell on profit-taking from the recent bull run. brokers said. The index, which rose some 85 points at one stage, closed only 10.07 points up at 5,501.75. its highest finish since 5.591.96 on
        538 words
      • 390 20 -7.7 The market closed lower on the last trading day of 1993 after massive selling from the Korea Securities Market Stabilisation Fund (KSMSF). brokers said. The composite index fell 7.70 points to 866.18. Brokers expect the market to start 1994 on a strong note when it reopens on Jan
        390 words
      • 195 20 New Zealand Dec 24 NZ +7 Vd" ANZ Banking 5 70 unch $137 Advantages Hldp I 35 0 03 ***** Air Nc* Zealand (A) 3 44 0 0* *****4 Air No* Zealand <B| 4 50 unch ***** Bavvorp 067 -001 *****0 Bncrto ln\ 1.30 unch *****12 Cafter Hot! 3 53
        195 words
    • WORLD STOCK MARKETS
      • 122 20 -11.91 frcnch shares finished lower in fairly thin trade as the market consolidated a three-day run of record highs. Dealers said the market should remain firm. They 'reported major open positions in December index pall options. The CAC-40 index ended down 11.91 points, or 0.52 per cent, at 2,264.64.
        122 words
      • 115 20 -0.06 pc The Swedish share market Closed marginally lower in very slow trade as there was a lack of new information to trade on, dealers said. The blue chip OMX-in-dex lost 0.06 per cent to ,close at 1,083.75. Total market turnover was 673 million crowns. t Ericsson's B-share fell
        115 words
      • 182 20 -o.spc German share prices recovered partly from a sharp midsession drop but closed ihe official session lower as falling futures prices and end-of-year position squaring depressed market sentiment, traders said. The DAX index closed "at 2,242.82, down 0.50 per cent from last DAX close •and down 1.05 per cent
        182 words
      • 158 20 +0.76pc The Belgian Bel-20 share •index shares closed 0.76 per •cent higher at a new all-time closing high in a mood on the first day of a holiday-shortened bourse trading vweek. The Bel-20 index closed '11.13 points higher at 1,473.53 with 1.66 billion francs worth of Belgian -shares traded.
        158 words
      • 116 20 +29 vital ian shares closed off session highs, as the weakness of some other European prompted a round "of late profit-taking, although the bourse remained well supported, dealers said. The Mibtel index ended 29 points up at 10,794, but well down from session high of 10,827. Milan Dec 28
        116 words
      • 232 20 -4.11 Dutch shares closed lower as option-related business and selling by several German investment funds quickly pushed down prices from all-time highs reached at the open. The EOE index finished down 4.11 points at 412.35 after opening at 417.75. Publishers, recent outperformers, were hit hardest. Wolters sagged 4.00 guilders
        232 words
      • 221 20 •18.74 Profit-taking and positionsquaring took Swiss shares lower as the market followed a weak Frankfurt bourse. The broad SPI index fell 18.74 points to 1,854.80, while the blue-chip SMI fell 41.2 to 2,931.4. Both indices were near their day's low, suggesting the selling pressure could continue. Zurich Dec 28
        221 words
      • 258 20 +46 After an initial bounce, the gold index ended 27 points down at 2,157. The industrial index added 46 points to 5,487, pushing the overall index eight points higher to 4,797. Johannesburg Dec 28 R«»d INDUSTRIALS A Alpha 6500 300 AEO I unch AMIC 5775 Amaprop 1675 Barlows 5600
        258 words
      • 200 20 13.99 Stocks opened firmer in quiet post-holiday dealings yesterday as most sectors played catch-up with Wall Street's buoyant Monday performance. The TSE 300 composite rose 13.99 points to 4,260.38 with 7.35 million shares traded valued at C 561.88 million. Toronto Dec 24 CS Abitibi Price 15 VI unch Akan
        200 words
      • 820 20 -7.54 The Dow Jones industrial average was down 7.54 points to 3,785.39 at 11 am EST yesterday. The NYSE composite index was off 0.45 to 259.62, while S&P 500stock index was down 0.63 to 469.91. The Dow jumped 35.21 points to close at 3,792.93, surpassing its previous closing
        820 words
      • 793 20 Britannia Funds Sterling Cash BmI Offer Mim Cap Deposit 58 6400 31 6500 Mim Jersey Gilt 0.1893 0 1992 Mim Ma* Income ****** ****** CSS Cash Income Plus Fund 10 7100 *****0 PS Reserve Fund 5 2300 5 2400 Sterling Equity Euro Performance .0.4592 0.4938 Far East Fund *2 7650
        793 words
    • Article, Illustration
      2748 21 UPI HONGKONG Frenzied buying sent stocks rocketing to record highs yesterday, as shares wared 4.80 per cent on the first full day of trading after the Christmas break. At one point in afternoon trading the blue-chip Hang Seng index had gained almost 650 points a single day record dropping
      UPI; Source: Bridge Info  -  2,748 words
    • Article, Illustration
      505 21 BOTH Shanghai and Shenzhen B indices were marginally better yesterday. The CLSA Shanghai B index was up 14.87 points to 1,043.73. On its first day of trading, Diesel Engine closed at U550,798, 54 per cent higher than its IPO price of U550,517. The other newly listed stock was Hero,
      505 words
    • Article, Illustration
      2455 21 Reuter TOKYO Stocks ended higher on a late afternoon rally yesterday, with the Nikkei above 17,000. Brokers said sentiment was aided by hopes that officials will offer economic stimulus plans such as a big income tax cut, and Bank of Japan support for banks to write-off problem loans. The
      Reuter; Source: Bridge Info  -  2,455 words
    • Article, Illustration
      1596 21 Reuter BANGKOK Thai stocks extended a record breaking rally on huge turnover, closing sharply higher for the sixth straight session yesterday, brokers said. The SET Index added another 44.57 points, or 2.77 per cent, to end at a new high of 1,652.69. The indicator has gained 10.4 per cent
      Reuter; Source: Bridge Info  -  1,596 words
    • Article, Illustration
      1114 21 Reuter JAKARTA Share prices closed higher in moderate late trading with local investors leading the charge on selected stocks yesterday. The official index rose 6.63 points to close at 572.57. One dealer said Jakarta was benefiting from rising stock markets in other Asian countries. Consumer stocks and several big-capped
      Reuter; Source: Bridge Info  -  1,114 words
    • 2789 22 Source: Bridge Info MOST ACTIVE volume Vlrtroplex TSR I4.507.000 In vis Bhd 14.589.000 FACBSOc 14 24:000 Metropk* 50c 12.021.000 kamunting 50c 11.432.000 Kenong Bhd 50c 11.253.000 Johan Hkfcs 5U 10 746 000 Pnmwt 10.308.000 Idns H\d 5<V 9 862.000 AM DB 50c 9.750.000 Sol Properties 7 652.000 PJ
      Source: Bridge Info  -  2,789 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5984 22 Bernama KUALA LUMPUR Profit-taking yesterday stifled the bull-run on the Kuala Lumpur share market, leading prices to a soft close in moderate trading activity. The Emas Index of all main board shares ended 4.96 points higher at 369.55 while the Composite Index rose 17.77
        Bernama; Source: Bridge Info  -  5,984 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7282 23 MAIN BOARD Transaction date: Dec 28 Gr Gr iggi Last Vol Day La»t Quote Di» Dh VM N«t M Cl» High Low Company Sal* COOO) High Lo« Bayrr Seller C*f P'K Sal Hi INDUSTRIAL AND COMMERCIAL 1400 260 l Aetna ll*> -20 109 1210 1180 1180 II*) 12.5 J'''*!* 310
        7,282 words
      • 1749 24  -  By Quak Hiang YVhai SINGAPORE After a brief hiccup in the morning, the bull run in the stock market resumed and lifted the benchmark index to a new record close yesterday. Brokers said that notwithstanding the cautious trading in the morning, the underlying
        Source: Bridge Info  -  1,749 words
      • 121 24  -  By Quak Hiang Whai LUM CHANG Holdings is consolidating after a recent run-up from below 51.60. The consolidation is likely to continue for a while, with a slight bias towards $1.90. Both the daily and weekly indicators have reached the overbought region. The daily Relative Strength Index
        121 words
  • Page 13 Advertisements
    • 936 13 MOTI C E S IN THE MATTER OF THE COMPANIES ACT. CAT. 50 AND IN THE MATTER OF VIBt.RO PTE LTD (la Members Voluntary Liquidation 1 At k Extraordinary General Meeting ofthe member* of the C ompany held at the registered office of the Company on 27th December 199? al
      936 words
    • 315 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KEONC HOLDINGS PTE LTD (In Creditore' Voluntary Liquidation) At the Extraordinary General Meeting of the above company duly convened and held at 151 Yio Chu Kang Road, Singapore 1954, on 23rd December 1993, the following Resolutions
      315 words


  • Page 15 Advertisements
    • 2183 15 UCO BANK I WHOLLY OWNED BY THE GOVERNMENT OF INDIA I I Head Office: 10 BIPLABI TRAILOKYA MAHARAJ SARANI, CALCUTTA *****1, INDIA I AUDITED ACCOUNTS AS AT 31st MARCH 1993 I I (000 s omitted) INDIAN RUPEES I I CAPITAL A LIABILITIES As on 31 393 As on 31 392
      2,183 words


  • Page 17 Advertisements


  • Page 19 Advertisements
    • 51 19 1921 AMIR SONS YEAR-END SALE fSjOBBP? I V Oi! HKi PERMANENT EXHIBIT THE FINEST PERSIAN CARPET IN THE WORLD 2500 KNOTS PER SQ INCH PERSIAN ISFAHAN 6 0" x 37" Call 24 hours a day for shares to buy, coming issues results of your share application. Cost 50 cents per
      51 words
    • 37 19 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Make new business contacts through classification 203 in The /VV] Straits Times $VT Classified, cjlta. 1717-1 I
      37 words



  • Page 22 Advertisements
    • 54 22 I THE FIRST REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. [Aj CITIBAN<O EB CREDIT LYONNAIS c ALL CITIPHONE BANKING (18 0 0) 225-5225
      54 words


  • Page 24 Advertisements
    • 164 24 NOTICES NOTICE PT BANK CENTRAL ASIA U5570,000,000 Negotiable Floating Rate United States Dollar Certificates of Deposit due in June, 1995 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from 29 December 1993 to 28 lune 1994 the Interest Rate
      164 words
    • 440 24 In die Matter of The Companies Act, Cap. SO and In Dm Matter of DESCO PROPERTY PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at #10-00 Lion Industrial Building. 10 Animugam Road. Singapore 1440 on Tuesday 28 December 1993.
      440 words
    • 35 24 jIS you're j 3 planning for j |an exciting j [career move, the I Appointments J jj Section is Just j jj the piace to j I 1 start looking for that perfect position. I
      35 words
    • 369 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JIA TECK TRADING PTE LTD (Incorporated in Singapore) MEMBERS VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of Jia Teck Trading Pte Ltd duly convened and held at 101 Upper Cross Street, #06 09/10.
      369 words
    • 49 24 BROKERS 1 STOCK PICKS in Personal Finance and Investment on Saturdays Time is J J J If you cannot reach the person you are calling, leave your name, telephone number and message In his ClassiFone mailbox and let him respond to your call. UMFsisNEfg^ CLAXSc An SPH AudloTex Service
      49 words

  • Shipping Times
    • 424 25 Move aimed at opening up shipping industry HONGKONG China's government departments are no longer interfering with decisions on marine tariffs, an indication of a move towards the reformation and opening of the country's international shipping market. The South China Morning Post on Monday
      424 words
    • 155 25 SINGAPORE UK-based Courtaulds Coatings has won a contract to provide marine coatings for P&O's new cruise ship Oriana. The 67,000 gross registered tonne ship will be protected by more than 100,000 litres of TBT-free anti-foulings, which meet all current and impending regulations worldwide. They
      155 words
    • 1122 25 Page Col ABC Containerlinc 12 I Accord Group 8 1-3 Africa Container 16 5 Ahrenkicl 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
      1,122 words
    • 508 25 Lloyd's List ANTWERP Belgium's only major shipbuilder. Boelwerf Vlaanderen. has won its first order since coming out of bankruptcy. A contract for two shuttle tankers worth about USSI7O million (***** million) to US$lBO million in total marks a key stage in the recovery and
      Lloyd's List  -  508 words
    • 365 25 Lloyd's List Maritime Asia NEW DELHI India's Surface Transport Ministry has received several applications from non-resident Indians abroad for joint ventures in India, according to the ministry's secretary, S P Bagl. Some of the proposals which have been approved by the Foreign Investment Promotion
      Lloyd's List Maritime Asia  -  365 words
    • SHIPS IN PORT
      • 697 26 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Batam Baru Batumi Dm Guna Owi Sempurna G'oseda Kebon Karet Poemt Symphony Sheraton Sheraton 1 Sri Tg Sari Indah Syahputra Wwstar 1 Alice Auna Seraya Oe»i Seraya FGA 38 B Kimtrtans Taurus Aorndo
        697 words
      • 1565 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookmf/Balance Rstts Ship Voy No Etb/Btr Period From To From Ac. Oacy 047B 31/1100 3 29/0/00 29/1159 29/1400 y 4 29/1200 29/1*59 29/1700 Ai Manakh C04« 01/0100 3 29/0700 29/1159 29/1400
        1,565 words
    • 8903 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang af-
      8,903 words
    • 577 41 COURSES Title: Air Traffic Control Supervisor Duration: Jan 3-14 Organiser: Singapore Aviation Academy. Civil Aviation Authority of Singapore Tel: For further details/registration contact Ong Yew Leng/Pang-Neo Guan Hwa at 065-*****47/065-*****16 or fax: 065-*****90. Title: Area Control (Non-Radar) Duration: Jan 3 Feb 25 Organiser: Singapore Aviation Academy. Civil Aviation
      577 words
    • 1090 42 With greater liberalisation in Indian shipping, private shipping companies are out to play an even bigger part in the industry Lloyd's List Maritime Asia COMPARED with ports development which has been under the Indian government's control right from the start, the private sector
      Lloyd's List Maritime Asia  -  1,090 words
    • AIR AND LAND TRANSPORT NEWS
      • 571 44 No recovery in orders before 1995, say analysts Reuter SEATTLE Commercial aircraft manufacturers are in for at least another year of rough flying, industry analysts say, with many predicting no significant rebound until 1996. "I think we still have a few years more of
        Reuter  -  571 words
      • 599 44 Bloomberg Business News WASHINGTON The Navy is taking longer than McDonnell Douglas Corp prefers to review terms of the cancellation of the A-12 aircraft. The Navy's decision could eventually force the company to take a multi-million charge to earnings to cover its costs
        Bloomberg Business News  -  599 words
      • 276 44 Bloomberg Business News TOKYO Ford Motor Co and its Japanese affiliate. Mazda Motor Corp, may team up in the future to manufacture cars in South-east Asia and China, according to an official at Ford's Tokyo office yesterday. He
        Bloomberg Business News  -  276 words
      • LOG BOOK
        • 79 44 Reuter TOKYO Shipbuilder Hitachi Zosen Corp has won orders for two double-hull oil tankers from Mitsui OSK Lines Ltd. a Mitsui spokesman said yesterday. Industry sources estimate one crude carrier to cost around nine billion yen (*****.2 million). Spokesmen for both Mitsui and Hitachi declined
          Reuter  -  79 words
        • 104 44 Reuter ANCHORAGE. Alaska An oil-laden tanker owned by British Petroleum resumed its journey after being anchored near Valdez over the weekend to repair a hull crack, the US Coast Guard said on Monday. The 869-foot tanker Prince William Sound was halted by the Coast
          Reuter  -  104 words
        • 62 44 Reuter LOS ANGELES Tensiodyne Corp on Monday said it signed a definitive agreement to acquire Pegasus Technologies Inc. a recently formed company with commercial worldwide rights to certain advanced non-destructive imaging technology applicable to aircraft. Under the agreement. Pegasus shareholders will receive up to 45 million
          Reuter  -  62 words
        • 33 44 Reuter TBILISI. Georgia Georgian leader Eduard Shevardnadze smiling on Monday while holding the controls of a new YAK-58 aeroplane now being produced by a factory in Tbilisi. Reuter
          Reuter  -  33 words
        • 84 44 Reuter ZURICH Swiss national carrier Swissair-Schweizerische Luftverkehr AG on Monday said its international freight forwarding company Jacky Maeder AG had appointed a new president. Swissair said Klaus Knappik would take over the running of day-to-day operations at Maeder from outgoing president Rudolf Merz in early
          Reuter  -  84 words
      • 194 44 Reuter TOKYO Japan's Ministry of International Trade and Industry (Miti) has denied a newspaper report that four foreign aircraft makers will join a Japanese project to develop a small passenger plane. "We have not yet agreed with anyone on joint development." a Miti
        Reuter  -  194 words
      • 1368 44 aty nm rr* fgw rn> AdeU «<*• SQ227 2030 Amsterdam KL831 1030 SQ324 2230 GA895 1450 KL832 2335 Athens SQ347 1730 Auckland NZ21 1710 N222 1840 SQ285 2045 Bahrain GF148 0650 B Seri Begawan BI421 1105 SQ182 0915 SQ181 1410 B1422 1205 B1429 2030 BI430 2125
        1,368 words
      • 207 44 AFP FRANKFURT Germany's Siemens and AEG groups have extended their offers to build an Inter City Express (ICE) high-speed train in South Korea "at the request of their client", a newspaper reported here Monday. The report by the Frankfurter Allgemeine Zeitung could
        AFP  -  207 words
      • 203 44 UPI BUDAPEST Hungary's sole airline, Malev, is expected to end the year with a loss of one billion forints (S$ 16 million), the daily Nepszabadsag reported on Monday. The loss is partly due to the devaluation of the local currency, the forint, which makes
        UPI  -  203 words
  • Page 25 Advertisements
    • 54 25 Drager SAFETY EQUIPMENT J (SOLAS APPRCNED) PA9O MARINE vV|j Specifically Designed For Maritime Applications HIGH QUALITY HIGH PERFORMANCE MI HIGHLY AFFORDABLE WM aHLar^ Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tlx: RS ***** DWSING Aircraft makers see dark
      54 words
    • 26 25 Lines and services represented Members of the Registry of Accredited Shipping Agents, Singapore National Ship- UJ|xMt) ping Association. fa advertising enquiries, contact Shifting limes: Tel 740-2089/740-2090
      26 words
    • 164 25 VISA FREIGHT SERVICES PTE LTD M THE TOTAL TRANSPORTATION PEOPLE 1800 *****66 NOTICE TO SHIPPERS Shippers are advised that as a result of our quarterly review of exchange rate movements of the Singapore Dollars against the US Dollars, and application of our standard formula and index, the Singapore Currency Adjustment
      164 words
    • 7 25 Private sector plays key role, Page 18
      7 words

  • Page 26 Advertisements
    • 464 26 TSKLINE AGENCIES (S) PTE. LTD. TT v Tel: 226-3363 t pP"*) 1.3.1 V. LLNL gFgp' TOKYO SENPAKU KAISHA, LTD. <* "^soooon \9tmm m m. mm m~ m m m m mm mm ACX PAST 0478 **27.12 **29.12 20.12 31.12 04 01 0101 1101 1101 12.01 13.01 PAC WROX 0196 29.12
      464 words
    • 1261 26 MOTCT TO CTAfT j lamam. Ml' Jtt»a. J# ;ww. >w» CMIfOOMA LUNA (2 *****2 lb I 1)1 I 191 201 I 1(1 I 1(1 I 191 19 1 22 1 GEW*A W3/SSI 11/12 1 l«/l 18/1 H/l 22/1 24/1 25/1 2S/1 27/1 21/1 24 1 0196 41 221 24 1
      1,261 words

  • Page 27 Advertisements
    • 1983 27 lppillg IIIUCS, f» CUIItrSUnj Utttiuutl w c y®>i™i"" o ME SH N<! OEMCIES "STSG s !K7S *?!!51"7!'?);x 5:*****42 SuSS TEL *****55 N WAR0„*****90 (OUTW.RD, rp E O N H^ft T |i2™M 14 r» F X ,X M 6 |S' FS ???^f F^L 3 1?1M 2 3 *****9 3269 e2 PGSo*NGmSt43"3V«SU3,«(OPNS,
      1,983 words
    • 924 27 THIS WEEK'S ARRIVAL: VESSELS VOY ETA EXCHANGE RATES ETA ETA ETA JOH LPK PEN KLANG REEFER 9362 4/1 1.5990 11/1 6/1 7/1 NL TOKYO 9401 4/1 1.6010 11/1 6/1 7/1 MARCHEN MAERSK 9401 4/1 1.5995 11/1 6/1 7/1 NL COLOMBO 9312 5/1 1.6300 11/1 8/1 14/1 ARTHUR MS 9401 5/1
      924 words

  • Page 28 Advertisements
    • 1727 28 AQABA R OAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDQAH (VIA JED) S'TON H'BURO A WERP HAVRE yyggy MALAYSIA DANUBE 11/151 29/12 IS^O I 18/01 18/01 Port Ksisng, Psnang STUTTGART EXPRESS 01/351 1/1 10/1 18/1 19/1 ?2/1 24/1 28/1 p,,tr G u d* n 0 KAQA 33/152 5/1
      1,727 words
    • 573 28 ■A U r CL 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 Vietnam a Mongolia a Hungary CSFR e Poland Inu i£gSSORVSZ?" FEEDER VESSEL ETA SIN NED HOORN V.2463
      573 words
    • 1237 28 NORASIA BCL* VAL* LHA HAM BRE# ROT ANTI FELI NORASIA MUBARAK 9350-3 29/12 19/01 22/01 23/01 23/01 24/01 25/01 26/01 27/01 21/01 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 NORASIA PRINCESS 9401-3 13/01 02/02 05/02 06/02 06/02 07/02 01/02 09/02 10/02 11/02
      1,237 words

  • Page 29 Advertisements
    • 1799 29 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific une EmiaaismiimimimmmMMdkam eggs® <A service OF CHINA NAVIGATION CO> cargo due SM.S Bmm STRAITS VENTURE V32E Muiri lab 28-29 Oct 30 Oac 31 Dac FCL. LCL CONTAINER AND BREAK
      1,799 words
    • 1545 29 SINGAPORE AGENT: p&0 Containers (Singapore Agencies) Pte Ltd I 1\ 1 w y jlll II /II 3 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 3 w JeJ 225 2233 RS ***** pNOCSp Fax; 225 5327/222 7517 fT CR Number: **********0Z EXPORT IMPORT VESSEL VOV *PMO 'PKG SIN ALQ
      1,545 words

  • Page 30 Advertisements
    • 566 30 EKA JAYA AGENCIES >al|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MIAMMAR TPAPE PAfiER IHANPPHOHE/PIRECT WILLIAM WEE 211»a 7KWW/W3WM IHM -a— HM7B MO CHt MtNM CITY HEMBY WOE *****24 737HM/M4IW KELVIN CHAM tMM ttM7a/WM2M I' ►TO MYANMAR/YANGON SEMI CONTAINER SERVICE M OCEANLINES YSI VOY SPORE YAN6OW SPOK
      566 words
    • 1522 30 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 Fl* Ki I SM lUK HAUI SEA Y« PC* H* Wl S* |UNE HAUL SA» U WYC HANJINHAMBURG OHSE 31/12 DKCT 20/1 21/1 22/1 HJNJJJ HAMBURGOISC 31/12 K S*VW«AHO4IE J/2 4/2 t/2 HANKN SINGAPORE 012£ 7/1
      1,522 words
    • 1389 30 d I Im scr use wg us rus wi oa nct nu ito iu cms bm ryc lmv wm w «c no cm m str I GUAM) 047 21/12 fa PI 3/1 VI 7/1 It/1 11/1 13/1 14/1 li/l 15/1 21/1 5/2 11/2 12/2 22/2 23/2 24/2 25/2 26/2 1/3
      1,389 words

  • Page 31 Advertisements
    • 2412 31 PLEASE CALL HI II NEPTUNELINK (1800 *****00 TOLL-FREE) II AUL FOR THE FOLLOWING INFORMATION: II W&o* M M VESSELS ETA/ETD/EXGHANGE RATES/SHIPPING SERVICES/ HI l| "99PW FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ H| II II AVAILABILITY OF DOCUMENTS FOR COLLECTION HI 11 jT 11 *H1 Connecting Untune Cyprino OX In HKG 08/01/94
      2,412 words
    • 1190 31 O SINGAPORE SOVIET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 ilt\> BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 MSKSk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 0 I |V I W ffl AGENTS: KL:
      1,190 words

  • Page 32 Advertisements
    • 1402 32 U_ AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 i W W lWr 17* MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD Mm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL:
      1,402 words
    • 1036 32 PHILI OnKNT LIN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 30 DEC SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 10 JAN AUCKLAND, WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH 30 DEC
      1,036 words

  • Page 33 Advertisements
    • 993 33 PACIFIC INTERNATIONAL LINES (PTE) LTD^ W*m U— 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I cn no iooeo67QoooE yceeci WOV eiu RKK SIN VESSEL VOY SMI JICT SIM VESSEL VOY S,N 3XII SIN EQUATOR RUBY 25N 29/12 1/1 5/1 SRISAMUT (THAI FLAG) SRSS2N 29/12 1/1 5/1 MAJAPAHIT 4101 2/1
      993 words
    • 1469 33 VESSELS VOY SPORE HAMBURG ROTTERDAM ANTWERP THAMES II HMH WLII D' AQMR.A 7531W 20/12 24/01 20/01 27/01 W/OI WO* W.U Dt UK AHA 9531W 04/01 30/01 31/01 20/01 31/01 01/02 »HH DC LYRA 7731W 12/01 04/02 Ot/M 91/92 00/02 10/02 VKlt Dt VISTA 7431W 17/01 11.0? 13/0? 14/02 15/02 17/02
      1,469 words
    • 404 33 BSfl A «HnPSHnHH9H|E^^V mm MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdj PAGAN V2O4W 03/06 tan HP* AN VI97N 10/12 lan PAGAN V2OSW 20/22 lan MALAYSIA AGENTS BOUSTEAD SHVPMG AGENCSS KUL: TEL 03 *****00 PILL: TEL 03 36*767 PEN: ia 04-*****5 PGD:
      404 words


  • Page 35 Advertisements
    • 85 35 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      85 words

  • Page 36 Advertisements
    • 2943 36 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 58 Penan* ffa/a Mud* Mvvi Lot 3.34, 3rd Floor, M. IK. H. loanda
      2,943 words

  • Page 37 Advertisements
    • 628 37 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 3/1 ROTTERDAM 3/1 AARHUS/COPENHAGEN 3/1 HAMBURG/BREMEN 3/1 MARSEILLE/FRANCE 171 FELIXSTOWE/UK 3/1 BARCELONA/SPAIN 30/12 LEHAVRE/FRANCE 3/1 GENOA/ITALY 04/01 ANTWERP/BELGIUM 3/1 LOS ANGELES/WC/IPI 2/1 SYDNEY/MELBOURNE 1/1 NEW YORK/EC 30/12 FREMANTLE/ADELAIDE 31/12 VANCOUVER 371 BRISBANE
      628 words
    • 834 37 MBiaEHlr ucoeci ynv SIN JKT IT" I^H I. VESSEL VOT =?5-I VESSEL VOY SIN PEW WANA BHUM 208S Wed__ln_Pt Sal 1/1_ BUNG* SEROJA 4001 Thu 30/12 Sal 1/1 CHAIYA BHUM MS Fn 31/12 _Tua 4/1 PERK ASA 14N Fri 31/12 Tua 4/1 3 BHATR* BHUM 10S Sal 1/I__W»d _5/1_ AKA
      834 words
    • 685 37 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 I pi DONGN AM A LINE CONTAINERISED SERVICE STIMITS/M.W/INC/MN wsai ps* rw aw r* bs* mc HonaowGawT «i» 1/1 3/1 s/i m/i
      685 words

  • Page 38 Advertisements
    • 1658 38 {AjfcflMN CONTAINER LINES I MAC-NEL3 SPORE: *****22 (24 LINES) CJ\/ VJ C /RN«i2OH7Ht« SIBU (064) *****9 KUCWNQ (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****67 MAMLA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 2/1 3/1
      1,658 words
    • 191 38 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD m n» n» SfOK mi KELMK rtNMK an Mix 12/1/J4 loadrrg tor Malt (SOU) MMM HUDHU 4/1 94 Oschaiging and loading tot Boffiba* DOLMR 1/1/94 Loading For Malt nocu antic is 1 m Loading for Mak UKCEDH 1/1/* Loading For MaK pkockss
      191 words
    • 1025 38 f O THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V-X \J/ TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOI CABLE: TOSOCO I 4 rwww moo* cxm***r SINGAPORE TO SARAWAK VESSEL VOT I S PORE IPEST VESSEL >0T
      1,025 words

  • Page 39 Advertisements
    • 807 39 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTHC BREAKBUK SOC CARGOES 10 FROM KOK. YOKOHAMA NAGOYA. MOD TOKYO' MANILA" DAKAO* Penao(* P. Kelang Singapore E'Msia* IVYEVERETT V7E 19/20 Jan KARABJEVERETT VISE 27/28 Jan 29/30 Jan 01/02 Feb KAMALEVERET7 VI9E 13/14 Feb 15/16 Feb ACCEPTING BREMBUU/FCI SOC CARGOES TO/FROM CHITTAGONC CALCUTTA
      807 words
    • 362 39 Bt GLORY NAVIGATION GROUP to 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 30/12 5/1 TIMBER GLORY 31/12 6/1 SP PKL HCM HK KAO GLORY SELATAN VII 2/1 4/1 11/1 ♦ALSO LOADING IN SINGAPORE
      362 words
    • 520 39 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VOT SIN jUMOI BOIAN lttHW 29/12 07/01 HYDtRABAO 125 HW 13/01 22/01 SARGOOHA 136 HW 26/01 04/02 KAGHAN 106HW 04/02 M/ 02 FAR EAST CONTAINER SERVICE ONLY VtSStL VOY 'SW *H>TG BSN OSA WAG YOU KACHAN 105 OW 02/01 14/01 22/01
      520 words
    • 545 39 inJBBi FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH FEN HE/33 04/01 20/01 23/01 JIAN HE/BO 26/01 11/02 14/02 ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MDS SIN KOTA MELATI V MLOIW 02/01 07/01 13/01
      545 words
    • 232 39 SIN FAR EAST 04/01 KEELUNG/KAOHSIUNG 08/01 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 sm CHjNA 02/01 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo 1 SIN EUROPE/UK 04/01 LDN/FLX/LVP/SOU 04/01 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 02/01 LOS
      232 words

  • Page 40 Advertisements
    • 802 40 HONG KONG/CHINA 29/12 JAKARTA 02/0 BANGKOK 29/12 MANILA 02/0 BUSAN 02/01 KEELUNG 02/01 TOKYO/KOBE 02/01 KAOSHIUNG 28/2 PORT KELAN6/PENAN6 02/01 YOKOHAMA COLOMBO 30/12 FELIXSTOWE/HAMBURG 02/01 CHITTAGONG/MADRAS 30/12 HOTTEROAM/LE HARVE/ANTWERP 02/01 BOMBAY/KARACHI BARCELONA. MARSEILLES. GENOA 26/12 lax/nyc 02/01 sydney/melbourne 30/12 -Tr= CMT LINER EXPRESS AGENCIES PTE LTD nSgH HOT-LINE 22-007-22 For
      802 words
    • 320 40 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 10TH JANUARY ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 07 JAN JAKARTA 04 JAN PORT KLAN6 31 DEC BANGKOK 01 JAN HONGKONG 02 JAN MELBOURNE 01 JAN SYDNEY 01 JAN GOTHENBURG 01 JAN 'ACCEPTING TO ALL SCANDINAVIA PORTS MADRAS 03 JAN BOMBAY
      320 words
    • 479 40 This Week's Sailings Singapore I FIRST FORWARDER IN To: ETD To: ETD ASIA AWARDED Singapore Singapore ,so 9002 BV LRQa FVFRY FVFRY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI I?fDj |j T EVERY EVERY ."SSSI Colombo TUE Limassol THUR INTERNATIONAL SEA FREIGHT FORWAROMG Tel: Fax:
      479 words
    • 112 40 I H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHJ/NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
      112 words

  • Page 41 Advertisements
    • 1330 41 t The Baltic Exchange was closed for Christinas. Trading will resume on Tuesday, December 28. I .mb CRYSTAL FREIGHT SERVICES PTE LTD UZISiAL-. 3s. MKHBI I MWl—*>l QAMr*n* 9/1 AUCKLAND 10/1 ANTWERP 3/1 nilcAW In ADELAIDE 6/1 FELIXSTOWE 1/1 wONf" KDMO 1/1 BRISBANE 5/1 HAMBURG 3/1 Yakabta l/i FREMANTLE 31/12
      1,330 words
    • 264 41 rcONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE NQ.2O PORTS VOY BUENOS MONTEVIDEO! DURBAN JAKARTA TSNaAPoST™ MONO KONGI UtOMMA YOKOHAMA* AIRES'" '_221 PRtOZERSK EBO4 SAILED SAILED SACED 14-18/12 21/12 28/12 DO PUSAN PAVLOORAD EBOB SAILED SAILED 22/12 08 10/01 08-08/01 18/01 20-28/01 31/01 PETROOVORETS EBOB 15 24/12 2S/12 13/01 T/8 >»« 27/01
      264 words
  • Page 41 Miscellaneous
    • 49 41 TIDES TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0*00 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 LEGEND II: Jura*. Pf: Paw Pin)**. W: Mom. TP: Tanjonc Pif«. SW: Sambawanc Soiree Part «f Seaport Authority
      49 words
    • 113 41 LIGfNO ee Ron Wove height Cloudy Sky Surface w»d» ore indicated by orrowi wWfc Hy with the wind One ful crcle ripriunli calm or fcght and vonobJe wwtds I One haH Heche represe nts 5 knot* L_» Oo« ful Heche rtptntnn 10 knots k—* One sofcd tnongle represents 50 knots
      113 words

  • Page 42 Advertisements
    • 588 42 VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA "VIGOUR PACIFIC 9401N 31/12/93 08/01/94 J VIGOUR P»CIFIC 940UH 23MZH StZSI/li VIGOUR SINGAPORE 9402N 07/01/94 15/01/94 WW. cONtAINER service VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR PACIFIC 9401N 31/12/93 02/01/94 zz 03/01/94 PENANG 1A Y A _825 03/01/94 04/01/94 06/01/94 —r=— VIGOUR
      588 words
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